UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-21864
WisdomTree Trust
(Exact name of registrant as specified in charter)
250 West 34th Street, 3rd Floor
New York, NY 10119
(Address of principal executive offices) (Zip code)
The Corporation Trust Company
1209 Orange Street
Wilmington, DE 19801
(Name and address of agent for service)
Registrant’s telephone number, including area code: (866) 909-9473
Date of fiscal year end: June 30
Date of reporting period: June 30, 2023
Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC 20549. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
Explanatory Note: This amended annual report (on Form N-CSR/A) for WisdomTree Trust (the “Registrant”) is being filed solely to revise the Index performance for the WisdomTree Artificial Intelligence and Innovation Fund and the WisdomTree Battery Value Chain and Innovation Fund and the Index and primary comparative benchmark performance for the WisdomTree BioRevolution Fund, each included in the Average Annual Total Return table in the Performance Summary section of each Fund’s annual report within Item 1 “Reports to Stockholders.” In addition, for the WisdomTree BioRevolution Fund, the “Growth of $10,000 Investment” chart, included in the Performance Summary section of the Fund’s annual report within Item 1 “Reports to Stockholders,” also is revised. The annual reports for the other series of the Registrant are contained in the Form N-CSR filed on September 6, 2023 (EDGAR Accession No. 0001193125-23-229510) and, with respect to certain series, as amended on October 12, 2023 (EDGAR 0001193125-23-254778), and are not further amended or modified in any way by this Form N-CSR/A. Other than the aforementioned revision, no other information or disclosures contained in the Registrant’s Form N-CSR/A filed on October 12, 2023 are being revised or amended by this Form N-CSR/A.
Item 1. Reports to Stockholders.
(a) The Reports to Shareholders are attached herewith.
(b) Not applicable.
WisdomTree Trust
Annual Report
June 30, 2023
International Equity ETFs:
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)
WisdomTree Emerging Markets ESG Fund (RESE)
WisdomTree Emerging Markets ex-China Fund (XC)
WisdomTree International ESG Fund (RESD)
Fixed Income ETFs:
WisdomTree U.S. Corporate Bond Fund (WFIG)
WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)
WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)
Efficient Core ETFs:
WisdomTree Emerging Markets Efficient Core Fund (NTSE)
WisdomTree International Efficient Core Fund (NTSI)
WisdomTree U.S. Efficient Core Fund (NTSX)
Megatrends ETFs:
WisdomTree Artificial Intelligence and Innovation Fund (WTAI)
WisdomTree Battery Value Chain and Innovation Fund (WBAT)
WisdomTree BioRevolution Fund (WDNA)
WisdomTree Cloud Computing Fund (WCLD)
WisdomTree Cybersecurity Fund (WCBR)
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Information about Performance and Shareholder Expense Examples (unaudited) | 5 | |||
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WisdomTree Dynamic Currency Hedged International Equity Fund | 27 | |||
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund | 41 | |||
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“WisdomTree” is a registered mark of WisdomTree, Inc. (formerly, WisdomTree Investments, Inc.) and is licensed for use by the WisdomTree Trust.
(unaudited)
U.S. Markets
U.S. equity markets, as measured by the S&P 500 Index (“S&P 500”), returned 19.59% in U.S. dollar (“USD”) terms for the 12-month fiscal period ending June 30, 2023 (the “period”).
After bottoming out in September 2022, U.S. equities climbed higher for the remainder of the period as investors anticipated the end of the Federal Reserve’s (“Fed’s”) rate hike campaign. Record inflation rates began to decelerate, which stoked optimism in equity markets that the Fed’s monetary tightening efforts were working and would soon no longer be needed. Meanwhile, labor markets remained resilient, discouraging pessimists who proposed that a recession was imminent based on the cumulative rate tightening efforts from the Fed. A “soft landing” scenario, where interest rates could rise to combat inflation and then eventually fall back to stable levels without triggering a recession or severely disrupting labor markets, became an increasingly likely possibility.
Inflation grew 6% year-over-year at the end of 2022 and decelerated from its June 2022 peak of 9.1% for the remainder of the period. Meanwhile, the U-3 Unemployment Rate seldom budged from the 3.4-3.7% range, similar to pre-pandemic levels and the lowest since the early 1970s.
With each monthly release of inflation and nonfarm payrolls data, markets parsed the reports for their impact on the future direction of monetary policy, growing increasingly confident that the end of interest rate hikes were in sight by 2023. Despite the optimism, the Fed raised rates a cumulative 350 basis points during the period to combat rising inflation. The Federal Funds Rate began the period at 1.75% and concluded it at 5.25%, which included a sequence of three consecutive hikes of 75 basis points during the summer and fall months of 2022.
Despite these headwinds, equities remained resilient for most of the period and rallied from their lows to finish the period in bull market territory.
Equities were in negative territory during the first quarter of the period as markets tried to discern the future path of monetary policy from the most recent economic data. Stubbornly high inflation persisted despite the Fed’s rate hike efforts. Year-over-year inflation fell from its 9.1% peak in June of 2022, but remained over 8% during the summer months, which disappointed markets after they realized that more interest rate hikes were necessary. During these three months, the Fed raised rates 1.50% further and finished at 3.25% with the expectation of additional future increases. During this period, the S&P 500 lost 4.88% while the Russell 2000 Index (“Russell 2000”) lost 2.19%. After two quarters of declines, real Gross Domestic Product (“GDP”) grew 3.2% quarter-over-quarter.
The September-December quarter of the period offered a modest respite from the volatility that characterized the first half of 2022. Although year-over-year inflation remained high by historical standards, the U.S. began to observe disinflationary pressures, with the headline readings falling from 7.7% to 6.5% by quarter-end. This injected optimism into the markets, which started to have confidence that the Fed’s aggressive policy tightening campaign was working, and an end could be expected. More importantly, markets were encouraged that the Fed might be able to direct a “soft landing” economic scenario, where rate hikes might successfully reduce inflation without engendering a severe recession. The S&P 500 returned a positive 7.56% during the quarter, while the Russell 2000 broke higher by 6.23%. The Fed raised rates another 1.25% during the quarter, concluding 2022 at 4.5% on the Federal Funds Rate. Real GDP grew by 2.6% quarter-over-quarter.
Investors entered 2023 with the same optimism that concluded 2022. They believed that the end of rate hikes and high inflation was imminent, and that a “soft landing” was likely. Disinflationary pressures remained in headline inflation numbers throughout the quarter. The Fed slowed the pace of its rate hike campaign, opting for two consecutive 25 basis point moves to bring the Federal Funds Rate to 5%. The quarter was not without volatility from an unanticipated risk factor, however: the unanticipated threat of a
| WisdomTree Trust | 1 |
Market Environment Overview
(unaudited) (continued)
banking crisis triggered by the failure of Silicon Valley Bank, Signature Bank, and others on extremely shaky footing due to depositor runs and mismanaged interest rate risks in their asset portfolios. Optimism plummeted for much of March, with markets giving up the gains they had earned to that point, as fears of contagion and recession from the banking system triggered flashbacks to the Global Financial Crisis of 2007-2009. The Fed acted decisively once again, creating lending facilities to shore up weaker, vulnerable banks, while other institutions helped facilitate the sale of failing banks, which eased investor anxieties and established confidence that contagion would be avoided. Markets finished the quarter much better, with the S&P 500 and Russell 2000 growing 7.50% and 2.74%, respectively. Real GDP remained steady and grew by 2.0%.
The final quarter of the period began slow for equities but finished much stronger. Markets moved slightly higher without many catalysts in April and May, but June offered more excitement. May’s inflation release showed continued deceleration with the year-over-year rate falling 0.9% from April to May, which was essentially matched again in June with a 1.0% deceleration. In just over one full quarter, year-over-year inflation readings were cut in half, falling from 6.0% to 3.0%, much closer to the Fed’s preferred, long-term 2.0% target. Markets were convinced that the end of the rate hike campaign was imminent, and several Fed policymakers expressed that upcoming rate decisions would be “data-dependent”. This insinuated that they no longer had preconceived intentions to continue raising rates, preferring to let the cumulative impact of rate hikes over the past year work its way throughout the economy. They implied that a “pause” before eventually pivoting to rate cuts, when necessary, would be the likely policy path in the interim. Nonetheless, this stoked enthusiasm and risk-on appetite in the equity markets. The S&P 500 and Russell 2000 climbed higher by 8.74% and 5.21%, respectively. Labor markets never soured either, vindicating the “soft landing” supporters, as the unemployment rate finished the period at 3.6%. GDP data is not yet available as of this writing.
Developed International Markets
Developed international equity markets, as measured by the MSCI EAFE Index, returned 18.77% in USD terms during the 12-month fiscal period ending June 30, 2023 (the “period”).
Currency performance was mixed during the period, though most of the G10 basket of currencies weakened versus the USD. The Norwegian krone (-8.29%), Japanese yen (-5.95%), and Swedish krona (-5.31%) were the worst performing currencies, while the Swiss franc (6.64%), British pound (4.31%) and euro (4.05%) were among the few that strengthened versus the USD. The pound and euro benefited from improving interest rate differentials between the U.K. and European markets, which continued to raise rates to combat inflation while the U.S. appeared to be ending its rate hike cycle. The krone struggled as a “petrocurrency”, which is one that is linked to global oil prices, since oil benchmarks and broader commodity prices declined during the period and remained in a narrow trading range for most of the year-to-date 2023 period. The yen, meanwhile, exhibits idiosyncratic weakness, as the Bank of Japan continues to suppress interest rates to stimulate economic growth. As a result, the yen has weakened due to widening interest rate differentials with the rest of the developed world.
Developed international equity markets embarked on a protracted battle against record inflation for most of 2022 after record monetary and fiscal stimulus to support the post-pandemic economic recovery. Risk-off sentiment from the U.S. Federal Reserve’s campaign to combat inflation migrated to developed markets, and the MSCI EAFE plummeted by 9.36% in USD terms during the first quarter of the period. The European Central Bank (“ECB”) began raising its benchmark refinancing rate from -0.5% to positive 0.75%, but investors quickly surmised that more would be needed to combat inflation climbing into double digit range. For context, the ECB held rates below 0% in an effort to stimulate economic growth since about 2014 and has held year-over-year inflation under 2% since roughly 2013, so these developments marked a significant paradigm shift. As the largest component of the developed market universe, Eurozone GDP grew 0.4% during the quarter.
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Market Environment Overview
(unaudited) (continued)
After two straight quarters of deep declines, the final quarter of 2022 provided some optimism. Europe began to see disinflationary pressures materialize as inflation rolled off its 10.6% high in October. With signs of the ECB’s rate hike effort working so far, this provided a welcome respite to developed market investors, and the MSCI EAFE Index returned 17.34% in USD terms. Eurozone GDP growth was flat during the quarter, slightly declining by 0.1%. Continuing its fight against inflation, the ECB hiked another 1.25% to bring its refinancing rate up to 2.0% by the end of 2022.
Optimism from the end of 2022 continued into the first quarter of 2023. Disinflation continued in Europe, falling from 9.2% down to 6.9% through March, as the ECB slowed the pace of its rate hike campaign. During the quarter, it raised rates only 1% between two 50 basis point hikes to conclude the period at 3.0%. Rates have not been this high since late 2008 amid a policy rate easing campaign during the Global Financial Crisis. Markets began to believe the end of the fight against inflation was in sight, and the MSCI EAFE Index returned 8.47% in USD terms. The quarter finished on a resounding note, despite fears of a banking crisis originating in the U.S. spreading overseas. Credit Suisse faced major solvency issues, but a crisis was averted after regulators helped facilitate a sale to UBS to stabilize the banking system, which appeased markets and contributed to the strong finish for the quarter. Despite the banking scare, eurozone GDP was mostly flat, though it slightly fell 0.1% quarter-over-quarter.
The final quarter of the period, March to June 2023, saw the MSCI EAFE Index return 2.95% in USD terms. The ECB continued its rate hike campaign amid its battle with high inflation, bringing its refinancing rate up to 4.0%. Despite a slight pickup from 6.9% to 7.0% in April compared to the month prior, year-over-year inflation continued to fall through the end of the quarter, registering at 6.1% in May and 5.5% in June. Markets have been intently watching the ECB for any signals about the future path of monetary policy, though markets are expecting a 25-basis point increase in July to 3.75%. Beyond that, expectations are that the ECB will follow the lead of the U.S. Federal Reserve, which indicated it will be more “data-dependent” for future policy rate decisions. Markets are becoming optimistic that rate hikes are nearing their conclusion, as a result.
Global Markets/Emerging Markets
Global equity markets, as measured by the MSCI All Country World Index (ACWI), returned 16.53% in USD terms for the 12-month fiscal period ending June 30, 2023 (the “period”). Emerging markets (“EM”) (measured by the MSCI Emerging Markets Index) moved slightly higher, rising 1.75% in USD terms.
Currency performance was mixed during the period. The major emerging market currencies to strengthen versus the USD were the Mexican peso (17.48%), Brazilian real (9.85%), and Singaporean dollar (2.82%). Most others weakened versus the USD, including the Argentine peso (-51.23%), Russian ruble (-39.35%), Turkish lira (-35.81%), Chinese yuan renminbi (-7.64%), and Indian rupee (-3.74%).
Global equities generally advanced during the period, as most regions began to benefit from prevailing risk-on appetite that materialized in late 2022 and early 2023. Global central banks were forced to raise interest rates at various intervals to combat rising inflation, which eventually began to cool and encouraged investors that the end of the rising rate cycle was imminent. EM followed suit, though to varying degrees as each region encountered idiosyncratic issues that diverged their policy pathways.
Global equities fell about 7% in USD terms during the first quarter of the period, while the selloff in EM was more pronounced, falling over 11.5%. Many regions began to experience peak inflation at this point, which cemented the global monetary policy trajectory for the near future. More rate hikes would be needed to combat inflation, and central banks continued to do so. Equities remained under constant pressure as a result. As the largest component of the EM universe, China’s economy bounced back after lackluster growth in early 2022, growing by about 3.9% during the June to September quarter.
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Market Environment Overview
(unaudited) (concluded)
Markets regained their footing heading into the second quarter of the period and the final quarter of 2022, returning about 9.76% in USD terms. EM followed suit, returning 9.7% in USD terms. As disinflationary pressures became evident, investors became encouraged that the end of policy tightening was in sight, which encouraged the possibility of a soft economic landing around the world. EM specifically also got a boost from the surprise announcement in the fall that China would be suspending its COVID Zero policy, thereby formally “reopening” its economy. On these revived growth prospects, China got an overdue tailwind, which spread to EM as the heavyweight allocation within most EM indexes. Despite this, Chinese economic growth was flat to end the year.
Optimistic sentiment persisted into the first quarter of 2023. Global equities returned 7.31% and EM returned just under 4%, both in USD terms. Economic data releases seemed to confirm ongoing disinflationary pressures, which supported investors’ sentiments that the end of rate hikes was on the horizon. Notably, markets survived the specter of a banking crisis in the U.S. that, at one point, threatened the global banking system via contagion. This fear was quickly dispelled as the failing banks were isolated and equities resumed their upward trajectory that characterized much of the first quarter.
During the final quarter of the period, global equities returned 6.18% in USD terms while EM grew by 0.9%. Most major economies remained resilient despite the cumulative effect of monetary tightening, which encouraged the idea of a soft landing around the world. Inflation continued to decelerate toward stable, tolerable levels over the long-term and investors remained optimistic. EM, however, continued to struggle as economic growth in China continues to sputter. Export data has been discouraging and several other barometers have missed expectations. That continued to weigh on prospects for the broader region as a whole as markets await steady improvement.
Fixed Income
U.S. fixed income performance was volatile amid a transforming economic landscape and changes in investor risk sentiment. The Bloomberg U.S. Aggregate Bond Index, a gauge of the broad U.S. fixed income market, fell about 1% during the period, with the deepest declines observed during the first four months of the period. U.S. Treasury yields, a barometer for domestic interest rates due to its relationship with the Fed funds rate at the short end of the yield curve and future economic growth prospects at the long end, rose while the slope and shape changed throughout the period. Yields on shorter-dated tenors began the period near 1-3%, commensurate with prevailing Fed’s monetary policy activity, but finished the period well above 5% as Treasury investors kept pace with policy activity. Longer-dated yields rose as well, though the 10-year Treasury yield (the market’s preferred indication of overall U.S. Treasury yields) varied during the period as the market digested the possibility that the Fed would have to raise rates high enough to tip the U.S. economy into recession just to combat historic inflation. The 10-year yield began the period at 2.98%, rose as high 4.24%, and then fell to 3.98% to conclude the period. Overall, the long-dated end of the curve rose by much less than front-end, which inverted the yield curve and sparked fears of recession due to curve inversion historically being a leading recessionary indicator.
Despite this, bullish sentiment in riskier fixed income sectors prevailed and fixed income markets climbed off their lows during the period from late-2022 through the end of June 2023. High yield corporate bonds, proxied by the Bloomberg U.S. Corporate High Yield Index, gained about 9% over the entire 12-month period, as many investors believed the Fed would achieve a soft landing without economic ramifications that would disproportionately harm riskier corporate borrowers. Investment grade credit was also successful, though to a lesser extent, as the Bloomberg U.S. Corporate Index returned 1.55%. Corporate and high yield spreads remained relatively rangebound near their longer-term lows, as investors remained confident that corporate balance sheets would remain resilient and a large default wave would be avoided.
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Information about Performance and Shareholder Expense Examples (unaudited)
Performance
The performance tables on the following pages are provided for comparative purposes and represent the period noted. Each Fund’s per share net asset value (“NAV”) is the value of one share of the Fund and is calculated by dividing the value of total assets less total liabilities by the number of shares outstanding. The NAV return is based on the NAV of the Fund and the market price return is based on the market price per share of the Fund. The price used to calculate market price returns is the midpoint of the bid and ask price for Fund shares as of the close of trading on the exchange where Fund shares are listed. NAV and market price returns assume that dividends and capital gain distributions have been reinvested in the Fund at NAV and market price, respectively. As with other exchange traded funds (“ETFs”), NAV returns and market price returns may differ because of factors such as the supply and demand for Fund shares and investors’ assessments of the underlying value of a Fund’s portfolio securities.
Fund shares are bought and sold at market price (not NAV) and are not individually redeemed from a Fund. Fund NAV returns are calculated using a Fund’s daily 4:00 p.m. eastern time NAV. Market price returns reflect the midpoint of the bid and ask price as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares. Total returns for a period of less than one year are cumulative.
Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. For the most recent month-end performance information visit www.wisdomtree.com/investments.
An index is a statistical measure of a specified financial market or sector. An index does not actually hold a portfolio of securities, incur expenses or pay any transaction costs. Therefore, index returns do not reflect deductions for fees or expenses and an index is not available for direct investment. In comparison, the Funds’ performance is negatively impacted by these deductions. Fund returns do not reflect brokerage commissions or taxes on transactions in Fund shares or taxes that a shareholder would pay on Fund distributions. Past performance is no guarantee of future results.
Shareholder Expense Examples
Each Fund’s performance table is accompanied by a shareholder expense example. As a shareholder of a WisdomTree Fund, you incur two types of cost: (1) transaction costs, including brokerage commissions on purchases and sales of your Fund shares and (2) ongoing costs, including management fees and other Fund expenses. The examples are intended to help you understand your ongoing costs (in dollars and cents) of investing in a Fund and to compare these costs with the ongoing costs of investing in other funds.
The examples are based on an investment of $1,000 invested at the beginning of the period and held for the entire period from January 1, 2023 to June 30, 2023. Except where noted, expenses are calculated using each Fund’s annualized expense ratio (after the effect of contractual or voluntary fee waivers, if any), multiplied by the average account value for the period, multiplied by 181/365 (to reflect the one-half year period). The annualized expense ratio does not include acquired fund fees and expenses (“AFFEs”), which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies.
Actual expenses
The first line in the shareholder expense example table shown on the following pages provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line for your Fund under the heading entitled “Expenses Paid During the Period” to estimate the expenses you paid on your account during the period.
Hypothetical example for comparison purposes
The second line in the shareholder expense example table shown on the following pages provides information about hypothetical account values and hypothetical expenses based on the Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as brokerage commissions paid on purchases and sales of Fund shares. Therefore, the second line in the table is useful in comparing ongoing Fund costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.
| WisdomTree Trust | 5 |
Management’s Discussion of Funds’ Performance
as of June 30, 2023 (unaudited)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
Sector Breakdown†
| Sector | % of Net Assets | |||
Financials | 21.6% | |||
Industrials | 13.2% | |||
Consumer Discretionary | 10.7% | |||
Materials | 10.7% | |||
Consumer Staples | 8.8% | |||
Health Care | 8.4% | |||
Communication Services | 6.6% | |||
Energy | 6.4% | |||
Utilities | 5.2% | |||
Real Estate | 4.2% | |||
Information Technology | 3.6% | |||
Other Assets less Liabilities‡ | 0.6% | |||
Total | 100.0% | |||
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
| ‡ | Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
| Description | % of Net Assets | |||
BHP Group Ltd. | 3.6% | |||
Novartis AG, Registered Shares | 1.9% | |||
Nestle SA, Registered Shares | 1.6% | |||
Shell PLC | 1.6% | |||
LVMH Moet Hennessy Louis Vuitton SE | 1.6% | |||
HSBC Holdings PLC | 1.6% | |||
TotalEnergies SE | 1.4% | |||
Roche Holding AG | 1.2% | |||
Rio Tinto PLC | 1.1% | |||
Toyota Motor Corp. | 1.0% | |||
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree Dynamic Currency Hedged International Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dynamic Currency Hedged International Equity Index (the “Index”). In seeking to track the Index, the Fund invests in dividend-paying companies in the industrialized world outside the U.S. and Canada while at the same time dynamically hedging exposure to fluctuations of the value of the applicable foreign currencies relative to the U.S. dollar (“USD”). The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.
The Fund returned 17.18% at net asset value (“NAV”) for the fiscal year ended June 30, 2023 (for more complete performance information please see the table below). The Fund benefited from positions in Health Care, entirely due to positive allocation effects, and Consumer Staples, due to an almost even split of positive allocation and stock selection. Industrials and Information Technology were the two greatest detractors due to a mix of both poor allocation and stock selection effects in each. From a country perspective, only Switzerland had a notable positive impact, which was due to positive stock selection. The Netherlands and France detracted from performance due to poor stock selection. Currency performance was mixed during the period. The Fund was almost entirely hedged against the Swiss franc, which strengthened against the USD and therefore negatively impacted returns. The opposite occurred with the Norwegian krone, which was almost entirely hedged but weakened by over 8% versus the USD and was therefore additive to returns. The Fund was roughly half-hedged against movements in the euro (“EUR”), British pound (“GBP”), and Japanese yen (“JPY”), where the former two strengthened versus the USD and the latter weakened. Performance effects due to these currencies would have been stronger if the Fund had been completely unhedged against the EUR and GBP and completely hedged against the JPY.
Shareholder Expense Example (for the six-month period ended June 30, 2023)
| Beginning Account Value | Ending Account Value | Annualized Expense Ratio | Expenses Paid During the Period | |||||||||||||
Actual | $ | 1,000.00 | $ | 1,097.50 | 0.40 | % | $ | 2.08 | ||||||||
Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,022.81 | 0.40 | % | $ | 2.01 | ||||||||
Performance
| Average Annual Total Return | ||||||||||||||||
| 1 Year | 3 Year | 5 Year | Since Inception1 | |||||||||||||
Fund NAV Returns | 17.18 | % | 11.92 | % | 5.55 | % | 7.60 | % | ||||||||
Fund Market Price Returns | 16.60 | % | 11.96 | % | 5.62 | % | 7.64 | % | ||||||||
WisdomTree Dynamic Currency Hedged International Equity Index | 17.44 | % | 12.12 | % | 5.79 | % | 7.79 | % | ||||||||
MSCI EAFE Local Currency Index | 17.50 | % | 11.73 | % | 6.42 | % | 7.61 | % | ||||||||
MSCI EAFE Index | 18.77 | % | 8.93 | % | 4.39 | % | 6.57 | % | ||||||||
MSCI EAFE Value Index | 17.40 | % | 11.34 | % | 2.93 | % | 5.48 | % | ||||||||
| 1 | Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on January 7, 2016. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
| 6 | WisdomTree Trust |
Management’s Discussion of Funds’ Performance
as of June 30, 2023 (unaudited)
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)
Sector Breakdown†
| Sector | % of Net Assets | |||
Industrials | 24.3% | |||
Financials | 13.7% | |||
Consumer Discretionary | 13.6% | |||
Materials | 12.6% | |||
Real Estate | 10.8% | |||
Information Technology | 7.6% | |||
Consumer Staples | 5.3% | |||
Health Care | 3.9% | |||
Communication Services | 3.6% | |||
Utilities | 2.0% | |||
Energy | 1.8% | |||
Other Assets less Liabilities‡ | 0.8% | |||
Total | 100.0% | |||
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
| ‡ | Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
| Description | % of Net Assets | |||
SSAB AB, Class A | 0.8% | |||
D/S Norden A/S | 0.7% | |||
Sims Ltd. | 0.6% | |||
Azimut Holding SpA | 0.6% | |||
Coface SA | 0.6% | |||
Sydbank A/S | 0.6% | |||
Charter Hall Long Wale REIT | 0.6% | |||
Deterra Royalties Ltd. | 0.5% | |||
Keppel DC REIT | 0.5% | |||
VGP NV | 0.5% | |||
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dynamic Currency Hedged International SmallCap Equity Index (the “Index”). In seeking to track the Index, the Fund invests in the small-capitalization segment of dividend-paying companies in the industrialized world outside the U.S. and Canada while at the same time dynamically hedging exposure to fluctuations of the value of the applicable foreign currencies relative to the U.S. dollar (“USD”). The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.
The Fund returned 10.27% at net asset value (“NAV”) for the fiscal year ended June 30, 2023 (for more complete performance information please see the table below). The Fund benefited from positions in Real Estate and Health Care due to a mixture of allocation and stock selection effects within each, though neither made an outsized impact. Poor stock selection across Information Technology, Financials and Utilities detracted from performance, although most impacts were modest. Strong stock selection in Japan and Finland were additive, while poor stock selection in the Netherlands and Israel detracted. Currency performance was mixed during the period. The Fund was almost entirely hedged against the Swiss franc, which strengthened against the USD and therefore negatively impacted returns. The opposite occurred with the Norwegian krone, which was almost entirely hedged but weakened by over 8% versus the USD and was therefore additive to returns. The Fund was roughly half-hedged against movements in the euro (“EUR”), British pound (“GBP”), and Japanese yen (“JPY”), where the former two strengthened versus the USD and the latter weakened. Performance effects due to these currencies would have been stronger if the Fund had been completely unhedged against the EUR and GBP and completely hedged against the JPY.
Shareholder Expense Example (for the six-month period ended June 30, 2023)
| Beginning Account Value | Ending Account Value | Annualized Expense Ratio | Expenses Paid During the Period | |||||||||||||
Actual | $ | 1,000.00 | $ | 1,067.20 | 0.48 | % | $ | 2.46 | ||||||||
Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,022.41 | 0.48 | % | $ | 2.41 | ||||||||
Performance
| Average Annual Total Return | ||||||||||||||||
| 1 Year | 3 Year | 5 Year | Since Inception1 | |||||||||||||
Fund NAV Returns | 10.27 | % | 10.64 | % | 3.55 | % | 6.97 | % | ||||||||
Fund Market Price Returns | 9.79 | % | 10.95 | % | 3.60 | % | 7.14 | % | ||||||||
WisdomTree Dynamic Currency Hedged International SmallCap Equity Index | 10.53 | % | 11.03 | % | 3.88 | % | 7.36 | % | ||||||||
MSCI EAFE Small Cap Local Currency Index | 11.13 | % | 9.25 | % | 3.76 | % | 6.92 | % | ||||||||
MSCI EAFE Small Cap Index | 10.18 | % | 5.70 | % | 1.31 | % | 5.59 | % | ||||||||
MSCI EAFE Small Cap Value Index | 10.87 | % | 8.68 | % | 1.24 | % | 5.38 | % | ||||||||
| 1 | Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on January 7, 2016. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
| WisdomTree Trust | 7 |
Management’s Discussion of Funds’ Performance
as of June 30, 2023 (unaudited)
WisdomTree Emerging Markets ESG Fund (RESE)
Sector Breakdown†
| Sector | % of Net Assets | |||
Information Technology | 24.7% | |||
Financials | 19.0% | |||
Consumer Discretionary | 15.2% | |||
Consumer Staples | 9.5% | |||
Materials | 8.4% | |||
Communication Services | 7.5% | |||
Industrials | 6.4% | |||
Health Care | 4.6% | |||
Real Estate | 2.2% | |||
Utilities | 2.1% | |||
Other Assets less Liabilities‡ | 0.4% | |||
Total | 100.0% | |||
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
| ‡ | Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
| Description | % of Net Assets | |||
Taiwan Semiconductor Manufacturing Co. Ltd. | 6.9% | |||
Samsung Electronics Co. Ltd. | 4.1% | |||
Alibaba Group Holding Ltd. | 2.6% | |||
Infosys Ltd. | 1.0% | |||
ICICI Bank Ltd. | 1.0% | |||
Ping An Insurance Group Co. of China Ltd., Class H | 1.0% | |||
NetEase, Inc. | 0.9% | |||
Bank Central Asia Tbk PT | 0.8% | |||
Telefonica Brasil SA | 0.8% | |||
Grupo Bimbo SAB de CV, Series A | 0.7% | |||
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree Emerging Markets ESG Fund (the “Fund”) is actively managed using a model-based approach seeking capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in equity securities of issuers in emerging markets that exhibit certain characteristics believed to be indicative of positive future returns as well as incorporating favorable environmental, social, and governance (“ESG”) characteristics.
The Fund returned 3.82% at net asset value (“NAV”) for the fiscal year ended June 30, 2023 (for more complete performance information please see the table below). The Fund benefited from positions in Financials and Information Technology, two sectors that score highly on ESG metrics, due to strong stock selection. Poor allocation effects led to Consumer Discretionary being a performance detractor, while poor stock selection effects led to Communication Services negatively weighing on performance as well. Excluding Energy, as part of the ESG methodology, was also detrimental during the period, as Energy was a strong performer within broad emerging markets. Taiwan and Mexico were the strongest contributors at the country level, due to a mix of allocation and stock selection effects in each. Poor stock selection in China led to it being the largest detractor.
Shareholder Expense Example (for the six-month period ended June 30, 2023)
| Beginning Account Value | Ending Account Value | Annualized Expense Ratio | Expenses Paid During the Period | |||||||||||||
Actual | $ | 1,000.00 | $ | 1,051.90 | 0.32 | % | $ | 1.63 | ||||||||
Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.21 | 0.32 | % | $ | 1.61 | ||||||||
Performance
| Average Annual Total Return | ||||||||||||||||
| 1 Year | 3 Year | 5 Year | Since Inception1 | |||||||||||||
Fund NAV Returns2 | 3.82 | % | 3.39 | % | 1.32 | % | 5.11 | % | ||||||||
Fund Market Price Returns2 | 2.79 | % | 3.53 | % | 1.25 | % | 5.12 | % | ||||||||
MSCI Emerging Markets Extended ESG Focus Index3 | 0.74 | % | 1.99 | % | 1.24 | % | N/A | |||||||||
MSCI Emerging Markets Index | 1.75 | % | 2.32 | % | 0.93 | % | 5.36 | % | ||||||||
| 1 | Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on April 7, 2016. |
| 2 | The Fund’s objectives and strategies changed effective March 16, 2020. Prior to March 16, 2020, Fund performance reflects the investment objective of the Fund when it was the WisdomTree Emerging Markets Dividend Fund (DVEM) and tracked the performance, before fees and expenses, of the WisdomTree Emerging Markets Dividend Index. |
| 3 | The MSCI Emerging Markets Extended ESG Focus Index began on March 27, 2018 and the line graph for the Index begins at the same value as the Fund on that date. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
| 8 | WisdomTree Trust |
Management’s Discussion of Funds’ Performance
as of June 30, 2023 (unaudited)
WisdomTree Emerging Markets ex-China Fund (XC)
Sector Breakdown†
| Sector | % of Net Assets | |||
Information Technology | 30.6% | |||
Financials | 18.3% | |||
Consumer Discretionary | 9.9% | |||
Materials | 9.4% | |||
Consumer Staples | 9.2% | |||
Industrials | 6.7% | |||
Communication Services | 4.8% | |||
Energy | 4.3% | |||
Health Care | 4.2% | |||
Real Estate | 1.3% | |||
Utilities | 1.0% | |||
Other Assets less Liabilities‡ | 0.3% | |||
Total | 100.0% | |||
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
| ‡ | Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
| Description | % of Net Assets | |||
Taiwan Semiconductor Manufacturing Co. Ltd. | 10.0% | |||
Samsung Electronics Co. Ltd. | 6.6% | |||
Reliance Industries Ltd. | 3.2% | |||
Infosys Ltd. | 1.8% | |||
ICICI Bank Ltd. | 1.8% | |||
Bank Central Asia Tbk PT | 1.4% | |||
Al Rajhi Bank | 1.3% | |||
Hon Hai Precision Industry Co. Ltd. | 1.2% | |||
Naspers Ltd., Class N | 1.1% | |||
SK Hynix, Inc. | 1.0% | |||
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree Emerging Markets ex-China Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Emerging Markets ex-China Index (the “Index”). In seeking to track the Index, the Fund primarily invests in common stocks issued by companies in emerging markets, excluding companies incorporated or domiciled (i.e., maintain their principal place of business) in China and excluding common stocks of “state-owned enterprises”, which is defined as companies with over 20% government ownership. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities of the Index.
The Fund returned 11.59% at net asset value (“NAV”) between inception in September 2022 through the period ended June 30, 2023 (for more complete performance information please see the table below). The Fund benefited from positions in the Information Technology sector due to a combination of allocation and stock selection effects. Industrials and Materials were also additive due to positive stock selection. Energy, Utilities and Financials were detractors due to poor stock selection in these sectors. A lack of exposure to Chinese equities was additive during the period as China underperformed broader emerging markets stocks, resulting in a positive allocation effect for the Fund. Taiwan and South Korea were strong performers within emerging markets, and overweights to each region also resulted in strong allocation effects. An overweight to India during a period where it lagged broader emerging markets resulted in a negative allocation effect, exacerbated by poor stock selection as well. The Fund also avoids state-owned enterprises (“SOEs”) in its methodology, which resulted in a positive allocation effect during the period since SOEs lagged non-SOEs.
Shareholder Expense Example (for the six-month period ended June 30, 2023)
| Beginning Account Value | Ending Account Value | Annualized Expense Ratio | Expenses Paid During the Period | |||||||||||||
Actual | $ | 1,000.00 | $ | 1,113.20 | 0.32 | % | $ | 1.68 | ||||||||
Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.21 | 0.32 | % | $ | 1.61 | ||||||||
Performance
| Cumulative Total Return | ||||
| Since Inception1 | ||||
Fund NAV Returns | 11.59 | % | ||
Fund Market Price Returns | 12.28 | % | ||
WisdomTree Emerging Markets ex-China Index | 12.27 | % | ||
MSCI Emerging Markets ex-China Index | 11.33 | % | ||
| 1 | Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on September 22, 2022. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
| WisdomTree Trust | 9 |
Management’s Discussion of Funds’ Performance
as of June 30, 2023 (unaudited)
WisdomTree International ESG Fund (RESD)
Sector Breakdown†
| Sector | % of Net Assets | |||
Financials | 20.9% | |||
Health Care | 14.3% | |||
Industrials | 14.2% | |||
Consumer Staples | 11.8% | |||
Consumer Discretionary | 11.8% | |||
Information Technology | 8.5% | |||
Materials | 5.9% | |||
Communication Services | 5.9% | |||
Utilities | 5.0% | |||
Real Estate | 1.1% | |||
Other Assets less Liabilities‡ | 0.6% | |||
Total | 100.0% | |||
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
| ‡ | Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
| Description | % of Net Assets | |||
Nestle SA, Registered Shares | 2.8% | |||
Novo Nordisk A/S, Class B | 2.8% | |||
Novartis AG, Registered Shares | 1.8% | |||
SAP SE | 1.6% | |||
AstraZeneca PLC | 1.5% | |||
Roche Holding AG | 1.5% | |||
HSBC Holdings PLC | 1.5% | |||
Unilever PLC | 1.3% | |||
Iberdrola SA | 1.1% | |||
Sanofi | 1.1% | |||
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree International ESG Fund (the “Fund”) is actively managed using a model-based approach seeking capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in equity securities of issuers in developed markets excluding the U.S. and Canada that exhibit certain characteristics believed to be indicative of positive future returns as well as incorporating favorable environmental, social, and governance (“ESG”) characteristics.
The Fund returned 15.77% at net asset value (“NAV”) for the fiscal year ended June 30, 2023 (for more complete performance information please see the table below). The Fund benefited from positions in Real Estate and Consumer Staples due to allocation effects in the former and stock selection effects in the latter. Excluding Energy, as part of the ESG methodology, led to a positive allocation effect since Energy lagged broader developed markets during the period. Industrials and Information Technology were detrimental for performance due to poor stock selection in each. Positive stock selection in the United Kingdom and strong allocation effects in Hong Kong resulted in positive contributions. Poor stock selection in Japan and France negatively impacted performance more than any other country allocation.
Shareholder Expense Example (for the six-month period ended June 30, 2023)
| Beginning Account Value | Ending Account Value | Annualized Expense Ratio | Expenses Paid During the Period | |||||||||||||
Actual | $ | 1,000.00 | $ | 1,123.20 | 0.30 | % | $ | 1.58 | ||||||||
Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.31 | 0.30 | % | $ | 1.51 | ||||||||
Performance
| Average Annual Total Return | ||||||||||||||||
| 1 Year | 3 Year | 5 Year | Since Inception1 | |||||||||||||
Fund NAV Returns2 | 15.77 | % | 7.47 | % | 5.95 | % | 8.45 | % | ||||||||
Fund Market Price Returns2 | 16.28 | % | 7.67 | % | 6.06 | % | 8.55 | % | ||||||||
MSCI EAFE Extended ESG Focus Index3 | 18.94 | % | 9.09 | % | 4.81 | % | N/A | |||||||||
MSCI EAFE Index | 18.77 | % | 8.93 | % | 4.39 | % | 6.70 | % | ||||||||
| 1 | Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on November 3, 2016. |
| 2 | The Fund’s objective and strategy changed effective March 16, 2020. Prior to March 16, 2020, Fund performance reflects the investment objective of the Fund when it was the WisdomTree Dynamic Currency Hedged International Quality Dividend Growth Fund (DHDG) and tracked the performance, before fees and expenses, of the WisdomTree Dynamic Currency Hedged International Quality Dividend Growth Index. |
| 3 | The MSCI EAFE Extended ESG Focus Index began on March 27, 2018 and the line graph for the Index begins at the same value as the Fund on that date. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
| 10 | WisdomTree Trust |
Management’s Discussion of Funds’ Performance
as of June 30, 2023 (unaudited)
WisdomTree U.S. Corporate Bond Fund (WFIG)
Sector Breakdown†
| Sector | % of Net Assets | |||
Financials | 33.0% | |||
Health Care | 13.0% | |||
Information Technology | 10.9% | |||
Utilities | 7.4% | |||
Communication Services | 6.2% | |||
Industrials | 6.0% | |||
Consumer Staples | 5.7% | |||
Consumer Discretionary | 5.2% | |||
Energy | 5.2% | |||
Materials | 4.1% | |||
Real Estate | 1.6% | |||
U.S. Government Obligations | 0.6% | |||
Other Assets less Liabilities‡ | 1.1% | |||
Total | 100.0% | |||
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
| ‡ | Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
| Description | % of Net Assets | |||
International Business Machines Corp., | 1.8% | |||
Marriott International, Inc., | 1.7% | |||
Morgan Stanley, | 1.7% | |||
Bank of America Corp., | 1.6% | |||
Steel Dynamics, Inc., | 1.5% | |||
HCA, Inc., | 1.5% | |||
JPMorgan Chase & Co., | 1.5% | |||
Broadridge Financial Solutions, Inc., | 1.5% | |||
UnitedHealth Group, Inc., | 1.5% | |||
Omnicom Group, Inc., | 1.4% | |||
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree U.S. Corporate Bond Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Corporate Bond Index (the “Index”). In seeking to track the Index, the Fund primarily invests in issuers in the U.S. investment grade corporate bond market that are deemed to exhibit favorable fundamentals and opportunities for income. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.
The Fund returned 1.69% at net asset value (“NAV”) for the fiscal year ended June 30, 2023 (for more complete performance information please see the table below). During the period, the Fund did benefit slightly from a full allocation into corporate bonds when compared to a broad aggregate U.S. bond universe that includes other asset classes like U.S. Treasury bonds, agency debt, and securitized debt. Corporate bonds slightly outperformed the broad U.S. aggregate bond market. The Fund concentrates nearly 100% of its weight in debt issued by public corporations and these securities benefit in performance when credit spreads (the difference in yield between U.S. Treasury bonds and another debt security with the same maturity but of lesser quality) tighten. Investment grade corporate bond credit spreads tightened in aggregate by 20% over the period (1.64% credit spread at the beginning of the period versus 1.30% credit spread at the end of the period). Asset classes that are typically described as “risk-on”, like corporate debt, generate negative performance during the first half of the period as the global markets continued to grapple with persistent inflation, global supply chain concerns, global pressures on energy, and lockdowns in China because of the impacts of the COVID-19 pandemic. During the 2023 year-to-date period, there has been a reversal in the markets and many risk-on asset classes have rallied. The Fund’s largest sector weights were in more cyclical sectors like Financials and Utilities, which have generally performed better during the inflation driven markets in the first half of the period vs. the growth-oriented sectors like Information Technology and Consumer Services during the second half of the period. Another significant detractor to the Fund’s performance was the intermediate levels of duration risk in the Fund and the resulting impact on performance during a period that saw significant aggregate rate increases. The negative impact caused by the rising interest rate environment was partially offset by the elevated coupons seen throughout bonds presently. The Fund’s approach of screening out potential at-risk issuers to maintain quality in the portfolio helped alleviate some performance volatility and downgrade risk.
Shareholder Expense Example (for the six-month period ended June 30, 2023)
| Beginning Account Value | Ending Account Value | Annualized Expense Ratio | Expenses Paid During the Period | |||||||||||||
Actual | $ | 1,000.00 | $ | 1,033.10 | 0.18 | % | $ | 0.91 | ||||||||
Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.90 | 0.18 | % | $ | 0.90 | ||||||||
Performance
| Average Annual Total Return | ||||||||||||||||
| 1 Year | 3 Year | 5 Year | Since Inception1 | |||||||||||||
Fund NAV Returns | 1.69 | % | -3.82 | % | 1.48 | % | 1.35 | % | ||||||||
Fund Market Price Returns | 1.91 | % | -3.86 | % | 1.68 | % | 1.36 | % | ||||||||
WisdomTree U.S. Corporate Bond Index | 2.00 | % | -3.50 | % | 1.67 | % | 1.67 | % | ||||||||
ICE BofA Merrill Lynch U.S. Corporate Index | 1.41 | % | -3.25 | % | 1.82 | % | 1.84 | % | ||||||||
| 1 | Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on April 27, 2016. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
| WisdomTree Trust | 11 |
Management’s Discussion of Funds’ Performance
as of June 30, 2023 (unaudited)
WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)
Sector Breakdown†
| Sector | % of Net Assets | |||
Consumer Discretionary | 15.6% | |||
Energy | 13.7% | |||
Communication Services | 11.9% | |||
Financials | 10.7% | |||
Health Care | 9.7% | |||
Industrials | 9.4% | |||
Information Technology | 7.5% | |||
Consumer Staples | 6.1% | |||
Real Estate | 5.7% | |||
Materials | 3.9% | |||
Utilities | 3.0% | |||
Other Assets less Liabilities‡ | 2.8% | |||
Total | 100.0% | |||
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
| ‡ | Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
| Description | % of Net Assets | |||
NGL Energy Operating LLC / NGL Energy Finance Corp., | 0.8% | |||
Nationstar Mortgage Holdings, Inc., | 0.7% | |||
CHS / Community Health Systems, Inc., | 0.7% | |||
Level 3 Financing, Inc., | 0.7% | |||
Genesis Energy LP / Genesis Energy Finance Corp., | 0.7% | |||
DISH DBS Corp., | 0.7% | |||
Post Holdings, Inc., | 0.6% | |||
Transocean, Inc., | 0.6% | |||
Centene Corp., | 0.6% | |||
Ford Motor Co., | 0.6% | |||
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree U.S. High Yield Corporate Bond Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. High Yield Corporate Bond Index (the “Index”). In seeking to track the Index, the Fund primarily invests in issuers in the U.S. non-investment grade corporate bond (“junk bond” or “high yield”) market that are deemed to exhibit favorable fundamentals and opportunities for income. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.
The Fund returned 6.42% at net asset value (“NAV”) for the fiscal year ended June 30, 2023 (for more complete performance information please see the table below). During the period, the Fund benefitted from a full allocation into high yield (“HY”) corporate bonds when compared to a broad aggregate U.S. bond universe that includes other asset classes like U.S. Treasury bonds, agency debt, and securitized debt. In addition, HY corporate bonds outperformed investment grade corporate bonds during the period. The Fund concentrates nearly 100% of its weight in debt issued by HY public corporations and these securities benefit in performance when credit spreads (the difference in yield between U.S. Treasury bonds and another debt security with the same maturity but of lesser quality) tighten. HY corporate bond credit spreads tightened consistently by 31% over the period (5.87% HY credit spread at the beginning of the period versus 4.05% HY credit spread at the end of the period). Asset classes that are typically described as “risk-on”, like HY corporate debt, have continued to rally from elevated coupons throughout the fiscal period and a strong 2023 year-to-date market rebound. One of the Fund’s larger sector weights in Energy served as a first half of the period tailwind but a second half of the period headwind as Energy and Commodities sectors broadly have stabilized and have seen prices come down off of their former highs with easing inflation. The Fund’s relative underweight to duration when compared to the broader fixed income market served as a benefit in a higher interest rate environment over the entire period. The Fund’s approach of screening out potential at-risk issuers helped alleviate some performance volatility and default risk. However, the Fund was underweighting the lowest quality HY bonds, mainly bonds rated CCC and below, which had better performance when compared to higher quality HY securities during this risk-on rally.
Shareholder Expense Example (for the six-month period ended June 30, 2023)
| Beginning Account Value | Ending Account Value | Annualized Expense Ratio | Expenses Paid During the Period | |||||||||||||
Actual | $ | 1,000.00 | $ | 1,034.60 | 0.38 | % | $ | 1.92 | ||||||||
Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,022.91 | 0.38 | % | $ | 1.91 | ||||||||
Performance
| Average Annual Total Return | ||||||||||||||||
| 1 Year | 3 Year | 5 Year | Since Inception1 | |||||||||||||
Fund NAV Returns | 6.42 | % | 1.71 | % | 2.71 | % | 3.68 | % | ||||||||
Fund Market Price Returns | 6.38 | % | 1.68 | % | 3.07 | % | 3.73 | % | ||||||||
WisdomTree U.S. High Yield Corporate Bond Index | 7.39 | % | 2.41 | % | 2.98 | % | 4.34 | % | ||||||||
ICE BofA Merrill Lynch U.S. High Yield Index | 8.87 | % | 3.21 | % | 3.19 | % | 4.62 | % | ||||||||
| 1 | Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on April 27, 2016. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
| 12 | WisdomTree Trust |
Management’s Discussion of Funds’ Performance
as of June 30, 2023 (unaudited)
WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)
Sector Breakdown†
| Sector | % of Net Assets | |||
Financials | 40.1% | |||
Information Technology | 11.9% | |||
Health Care | 9.7% | |||
Consumer Staples | 6.9% | |||
Consumer Discretionary | 6.2% | |||
Industrials | 5.9% | |||
Utilities | 5.4% | |||
Energy | 5.3% | |||
Communication Services | 3.7% | |||
Materials | 1.9% | |||
Real Estate | 1.7% | |||
Investment Company | 0.3% | |||
Other Assets less Liabilities‡ | 1.0% | |||
Total | 100.0% | |||
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
| ‡ | Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
| Description | % of Net Assets | |||
Goldman Sachs Group, Inc., | 1.2% | |||
Oracle Corp., | 1.0% | |||
JPMorgan Chase & Co., | 1.0% | |||
Citigroup, Inc., | 1.0% | |||
Wells Fargo & Co., | 1.0% | |||
Dell International LLC / EMC Corp., | 0.9% | |||
JPMorgan Chase & Co., | 0.9% | |||
JPMorgan Chase & Co., | 0.8% | |||
Morgan Stanley, | 0.8% | |||
VMware, Inc., | 0.8% | |||
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree U.S. Short-Term Corporate Bond Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Short-Term Corporate Bond Index (the “Index”). In seeking to track the Index, the Fund primarily invests in issuers in the short-term U.S. investment grade corporate bond market that are deemed to exhibit favorable fundamentals and opportunities for income. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.
The Fund returned 1.59% at net asset value (“NAV”) for the fiscal year ended June 30, 2023 (for more complete performance information please see the table below). During the period, the Fund did benefit slightly from a full allocation into corporate bonds when compared to a broad aggregate U.S. bond universe that includes other asset classes like U.S. Treasury bonds, agency debt, and securitized debt. Corporate bonds slightly outperformed the broad U.S. aggregate bond market. The Fund concentrates nearly 100% of its weight in debt issued by public corporations and these securities benefit in performance when credit spreads (the difference in yield between U.S. Treasury bonds and another debt security with the same maturity but of lesser quality) tighten. Investment grade corporate bond credit spreads tightened in aggregate by 20% over the period (1.64% credit spread at the beginning of the period versus 1.30% credit spread at the end of the period). Asset classes that are typically described as “risk-on”, like corporate debt, generate negative performance during the first half of the period as the global markets continued to grapple with rampant inflation, global supply chain concerns, global pressures on energy, and lockdowns in China because of the impacts of the COVID-19 pandemic. During the 2023 year-to-date period, there has been a reversal in the markets and many risk-on asset classes have rallied. The Fund’s largest sector weights were in more cyclical sectors like Financials and Utilities, which have generally performed better during these inflation driven markets in the first half of the period vs. the growth-oriented sectors like Information Technology and Consumer Services during the second half of the period. The Fund’s approach of screening out potential at-risk issuers helped alleviate some performance volatility and downgrade risk. Given that the Fund is targeting shorter term maturities, performance was marginally better when compared to longer-term bonds, but this was partially offset by lower coupons.
Shareholder Expense Example (for the six-month period ended June 30, 2023)
| Beginning Account Value | Ending Account Value | Annualized Expense Ratio | Expenses Paid During the Period | |||||||||||||
Actual | $ | 1,000.00 | $ | 1,017.60 | 0.18 | % | $ | 0.90 | ||||||||
Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.90 | 0.18 | % | $ | 0.90 | ||||||||
Performance
| Average Annual Total Return | ||||||||||||||||
| 1 Year | 3 Year | 5 Year | Since Inception1 | |||||||||||||
Fund NAV Returns | 1.59 | % | -1.07 | % | 1.35 | % | 1.20 | % | ||||||||
Fund Market Price Returns | 1.70 | % | -1.14 | % | 1.49 | % | 1.17 | % | ||||||||
WisdomTree U.S. Short-Term Corporate Bond Index | 2.01 | % | -0.71 | % | 1.72 | % | 1.60 | % | ||||||||
ICE BofA Merrill Lynch 1-5 Year U.S. Corporate Index | 1.70 | % | -0.85 | % | 1.85 | % | 1.69 | % | ||||||||
| 1 | Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on April 27, 2016. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
| WisdomTree Trust | 13 |
Management’s Discussion of Funds’ Performance
as of June 30, 2023 (unaudited)
WisdomTree Emerging Markets Efficient Core Fund (NTSE)
Sector Breakdown†
| Sector | % of Net Assets | |||
Information Technology | 22.1% | |||
Financials | 19.4% | |||
Consumer Discretionary | 13.2% | |||
Communication Services | 9.4% | |||
Materials | 7.4% | |||
Consumer Staples | 6.0% | |||
Energy | 4.6% | |||
Industrials | 3.3% | |||
Health Care | 2.9% | |||
Utilities | 1.8% | |||
Real Estate | 1.1% | |||
Other Assets less Liabilities‡ | 8.8% | |||
Total | 100.0% | |||
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
| ‡ | Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
| Description | % of Net Assets | |||
Taiwan Semiconductor Manufacturing Co. Ltd. | 7.6% | |||
Samsung Electronics Co. Ltd. | 5.3% | |||
Tencent Holdings Ltd. | 4.3% | |||
Alibaba Group Holding Ltd. | 2.8% | |||
Naspers Ltd., Class N | 1.6% | |||
Reliance Industries Ltd. | 1.6% | |||
Meituan, Class B | 1.2% | |||
China Construction Bank Corp., Class H | 1.2% | |||
Petroleo Brasileiro SA | 1.1% | |||
Housing Development Finance Corp. Ltd. | 1.1% | |||
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree Emerging Markets Efficient Core Fund (the “Fund”) is actively managed using a model-based approach seeking total return. The Fund seeks to achieve its investment objective by primarily investing in emerging markets equity securities and U.S. Treasury futures contracts. Under normal circumstances, the Fund will invest approximately 90% of its net assets in emerging market equity securities and the notional exposure to the U.S. Treasury futures contracts’ positions will represent approximately 60% of the Fund’s net assets.
The Fund returned -0.41% at net asset value (“NAV”) for the fiscal year ended June 30, 2023 (for more complete performance information please see the table below). The Fund’s positions in equities generated modest positive returns while the Fund’s fixed income exposure detracted from performance and outweighed the gains from equities. While markets were volatile to start the period, emerging market equity performance bottomed in October 2022. Over the entire period, Information Technology and Financial stocks were strong performers and additive for the Fund whereas Consumer Discretionary and Communication Services were the primary detractors. During the fiscal year, the Fund utilized U.S. Treasury futures contracts to obtain broad-based fixed income exposure. The Fund’s use of U.S. Treasury futures contracts negatively impacted performance during the period due to the increase in U.S. interest rates and was attributable to the Fund’s overall negative performance during the period.
Shareholder Expense Example (for the six-month period ended June 30, 2023)
| Beginning Account Value | Ending Account Value | Annualized Expense Ratio | Expenses Paid During the Period | |||||||||||||
Actual | $ | 1,000.00 | $ | 1,053.90 | 0.32 | % | $ | 1.63 | ||||||||
Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.21 | 0.32 | % | $ | 1.61 | ||||||||
Performance
| Average Annual Total Return | ||||||||
| 1 Year | Since Inception1 | |||||||
Fund NAV Returns | -0.41 | % | -13.33 | % | ||||
Fund Market Price Returns | 0.68 | % | -12.93 | % | ||||
MSCI Emerging Markets Index | 1.75 | % | -10.53 | % | ||||
| 1 | Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on May 20, 2021. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
| 14 | WisdomTree Trust |
Management’s Discussion of Funds’ Performance
as of June 30, 2023 (unaudited)
WisdomTree International Efficient Core Fund (NTSI)
Sector Breakdown†
| Sector | % of Net Assets | |||
Financials | 16.4% | |||
Industrials | 14.3% | |||
Health Care | 12.5% | |||
Consumer Discretionary | 12.0% | |||
Consumer Staples | 9.7% | |||
Information Technology | 7.7% | |||
Materials | 6.6% | |||
Energy | 4.1% | |||
Communication Services | 3.7% | |||
Utilities | 2.7% | |||
Real Estate | 1.3% | |||
Other Assets less Liabilities‡ | 9.0% | |||
Total | 100.0% | |||
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
| ‡ | Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
| Description | % of Net Assets | |||
Nestle SA, Registered Shares | 2.2% | |||
ASML Holding NV | 2.1% | |||
LVMH Moet Hennessy Louis Vuitton SE | 1.7% | |||
Novo Nordisk A/S, Class B | 1.7% | |||
Shell PLC | 1.5% | |||
Novartis AG, Registered Shares | 1.4% | |||
Roche Holding AG | 1.4% | |||
Toyota Motor Corp. | 1.3% | |||
AstraZeneca PLC | 1.2% | |||
HSBC Holdings PLC | 1.0% | |||
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree International Efficient Core Fund (the “Fund”) is actively managed using a model-based approach seeking total return. The Fund seeks to achieve its investment objective by primarily investing in international equity securities and U.S. Treasury futures contracts. Under normal circumstances, the Fund will invest approximately 90% of its net assets in international equity securities and the notional exposure to the U.S. Treasury futures contracts’ positions will represent approximately 60% of the Fund’s net assets.
The Fund returned 13.35% at net asset value (“NAV”) for the fiscal year ended June 30, 2023 (for more complete performance information please see the table below). The Fund’s positions in equities generated strong returns whereas the fixed income exposure detracted from performance. While markets were volatile to start the period, international equity performance bottomed in October 2022. From then, Information Technology and Consumer Discretionary stocks were strong performers leading the market higher. The Fund utilized derivatives contracts to obtain broad-based fixed income exposure, through use of U.S. Treasury futures contracts, which had negative performance during the period as U.S. interest rates increased. The enhanced exposure provided by the investment in U.S. Treasury futures contracts compared to traditional 60% equity and 40% bond portfolios magnified the Fund’s returns and resulted in the slightly better performance for the Fund as compared to traditional 60% equity/40% bond portfolios.
Shareholder Expense Example (for the six-month period ended June 30, 2023)
| Beginning Account Value | Ending Account Value | Annualized Expense Ratio | Expenses Paid During the Period | |||||||||||||
Actual | $ | 1,000.00 | $ | 1,104.00 | 0.26 | % | $ | 1.36 | ||||||||
Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.51 | 0.26 | % | $ | 1.30 | ||||||||
Performance
| Average Annual Total Return | ||||||||
| 1 Year | Since Inception1 | |||||||
Fund NAV Returns | 13.35 | % | -4.10 | % | ||||
Fund Market Price Returns | 13.94 | % | -3.82 | % | ||||
MSCI EAFE Index | 18.77 | % | -0.65 | % | ||||
| 1 | Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on May 20, 2021. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
| WisdomTree Trust | 15 |
Management’s Discussion of Funds’ Performance
as of June 30, 2023 (unaudited)
WisdomTree U.S. Efficient Core Fund (NTSX)
Sector Breakdown†
| Sector | % of Net Assets | |||
Information Technology | 26.2% | |||
Health Care | 12.0% | |||
Financials | 11.6% | |||
Consumer Discretionary | 9.9% | |||
Industrials | 7.8% | |||
Communication Services | 7.8% | |||
Consumer Staples | 6.0% | |||
Energy | 3.6% | |||
Utilities | 2.2% | |||
Materials | 2.1% | |||
Real Estate | 2.1% | |||
Other Assets less Liabilities‡ | 8.7% | |||
Total | 100.0% | |||
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
| ‡ | Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
| Description | % of Net Assets | |||
Apple, Inc. | 7.1% | |||
Microsoft Corp. | 6.2% | |||
Amazon.com, Inc. | 3.0% | |||
NVIDIA Corp. | 2.5% | |||
Tesla, Inc. | 1.8% | |||
Alphabet, Inc., Class A | 1.8% | |||
Alphabet, Inc., Class C | 1.5% | |||
Meta Platforms, Inc., Class A | 1.5% | |||
UnitedHealth Group, Inc. | 1.1% | |||
JPMorgan Chase & Co. | 1.1% | |||
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree U.S. Efficient Core Fund (the “Fund”) is actively managed using a model-based approach seeking total return. The Fund seeks to achieve its investment objective by investing in large-capitalization U.S. equity securities and U.S. Treasury futures contracts. Under normal circumstances, the Fund will invest approximately 90% of its net assets in U.S. equity securities and the notional exposure to the U.S. Treasury futures contracts’ positions will represent approximately 60% of the Fund’s net assets.
The Fund returned 12.68% at net asset value (“NAV”) for the fiscal year ended June 30, 2023 (for more complete performance information please see the table below). The Fund’s positions in equities generated strong returns whereas the fixed income exposure detracted from performance. While markets were volatile to start the period, U.S. equity performance bottomed in October 2022. From then, Information Technology and Consumer Discretionary stocks were strong performers leading the market higher. The Fund utilized derivatives contracts to obtain broad-based fixed income exposure, through use of U.S. Treasury futures contracts, which had negative performance during the period as U.S. interest rates increased. The enhanced exposure provided by the investment in U.S. Treasury futures contracts compared to traditional 60% equity and 40% bond portfolios magnified the Fund’s returns and resulted in the slightly better performance for the Fund as compared to traditional 60% equity/40% bond portfolios.
Shareholder Expense Example (for the six-month period ended June 30, 2023)
| Beginning Account Value | Ending Account Value | Annualized Expense Ratio | Expenses Paid During the Period | |||||||||||||
Actual | $ | 1,000.00 | $ | 1,149.50 | 0.20 | % | $ | 1.07 | ||||||||
Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,023.80 | 0.20 | % | $ | 1.00 | ||||||||
Performance
| Average Annual Total Return | ||||||||||||
| 1 Year | 3 Year | Since Inception1 | ||||||||||
Fund NAV Returns | 12.68 | % | 7.85 | % | 9.63 | % | ||||||
Fund Market Price Returns | 12.98 | % | 7.80 | % | 9.62 | % | ||||||
60% S&P 500® Index / 40% Bloomberg U.S. Aggregate Index Composite | 9.50 | % | 6.80 | % | 7.22 | % | ||||||
S&P 500® Index | 19.59 | % | 14.60 | % | 11.61 | % | ||||||
| 1 | Total returns are calculated based on the commencement of Fund trading on the NYSE Arca, Inc. on August 2, 2018. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
| 16 | WisdomTree Trust |
Management’s Discussion of Funds’ Performance
as of June 30, 2023 (unaudited)
WisdomTree Artificial Intelligence and Innovation Fund (WTAI)
Sector Breakdown†
| Sector | % of Net Assets | |||
Information Technology | 79.9% | |||
Consumer Discretionary | 6.5% | |||
Communication Services | 4.9% | |||
Industrials | 4.6% | |||
Health Care | 3.5% | |||
Financials | 0.5% | |||
Other Assets less Liabilities‡ | 0.1% | |||
Total | 100.0% | |||
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
| ‡ | Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
| Description | % of Net Assets | |||
NVIDIA Corp. | 2.5% | |||
Alchip Technologies Ltd. | 2.2% | |||
Meta Platforms, Inc., Class A | 2.1% | |||
Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 2.1% | |||
STMicroelectronics NV | 2.0% | |||
Advanced Micro Devices, Inc. | 2.0% | |||
Synopsys, Inc. | 2.0% | |||
Lattice Semiconductor Corp. | 2.0% | |||
IonQ, Inc. | 2.0% | |||
Cerence, Inc. | 2.0% | |||
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree Artificial Intelligence and Innovation Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Artificial Intelligence��& Innovation Index (the “Index”). In seeking to track the Index, the Fund primarily invests in equity securities of exchange-listed companies globally, including developed countries and emerging markets throughout the world, which are primarily involved in the investment theme of “Artificial Intelligence and Innovation”. Artificial intelligence (“AI”) refers to the application of computer systems or robotics to perform tasks that typically require human intelligence, discernment and adaption, such as decision-making, reasoning, learning from past experiences, visual perception, and speech recognition. Innovation refers to those companies that introduce a new, creative, or different (i.e., “innovative”) technology enabled product or service in seeking to potentially change an industry landscape, as well as companies that service those innovative technologies. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole.
The Fund returned 26.74% at net asset value (“NAV”) for the fiscal year ended June 30, 2023 (for more complete performance information please see the table below). As a fund focused on artificial intelligence, the Fund has a significant allocation to the Information Technology sector, which benefited returns. More specifically, with over 70% of the Fund’s assets allocated to Software and Semiconductors, the Fund experienced outperformance as these industries rallied after the release of ChatGPT in late November of 2022, as well as after Nvidia earnings were announced in early 2023, where they forecasted significant datacenter revenue growth due to increased demand related to AI applications. Additionally, the Fund had significant weight in companies with positive earnings while maintaining strong growth characteristics which also benefited performance. Most detractors over the period were idiosyncratic, due to pessimistic news around companies operating within drug development or data processing and annotation.
Shareholder Expense Example (for the six-month period ended June 30, 2023)
| Beginning Account Value | Ending Account Value | Annualized Expense Ratio | Expenses Paid During the Period | |||||||||||||
Actual | $ | 1,000.00 | $ | 1,347.00 | 0.45 | % | $ | 2.62 | ||||||||
Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,022.56 | 0.45 | % | $ | 2.26 | ||||||||
Performance
| Average Annual Total Return | ||||||||
| 1 Year | Since Inception1 | |||||||
Fund NAV Returns | 26.74 | % | -16.44 | % | ||||
Fund Market Price Returns | 26.58 | % | -16.33 | % | ||||
WisdomTree Artificial Intelligence & Innovation Index | 26.95 | % | -16.34 | % | ||||
S&P 500® Information Technology Index | 40.26 | % | 1.96 | % | ||||
| 1 | Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on December 9, 2021. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
| WisdomTree Trust | 17 |
Management’s Discussion of Funds’ Performance
as of June 30, 2023 (unaudited)
WisdomTree Battery Value Chain and Innovation Fund (WBAT)
Sector Breakdown†
| Sector | % of Net Assets | |||
Industrials | 52.4% | |||
Materials | 29.6% | |||
Information Technology | 8.6% | |||
Consumer Discretionary | 5.5% | |||
Utilities | 3.2% | |||
Energy | 0.5% | |||
Other Assets less Liabilities‡ | 0.2% | |||
Total | 100.0% | |||
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
| ‡ | Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
| Description | % of Net Assets | |||
Joby Aviation, Inc. | 5.0% | |||
Blink Charging Co. | 3.0% | |||
E.ON SE | 3.0% | |||
Bloom Energy Corp., Class A | 2.8% | |||
Wartsila Oyj Abp | 2.4% | |||
Ballard Power Systems, Inc. | 2.2% | |||
Doosan Fuel Cell Co. Ltd. | 2.2% | |||
FuelCell Energy, Inc. | 2.1% | |||
GEM Co. Ltd., Class A | 2.1% | |||
Mitsubishi Heavy Industries Ltd. | 2.0% | |||
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree Battery Value Chain and Innovation Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Battery Value Chain and Innovation Index (the “Index”). In seeking to track the Index, the Fund invests in companies primarily involved in battery and energy storage solutions that meet the index eligibility requirements. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole.
The Fund returned 0.58% at net asset value (“NAV”) for the fiscal year ended June 30, 2023 (for more complete performance information please see the table below). As a fund heavily focused on the battery value chain, the Fund had significant allocations to the Industrials and Materials sectors, which lagged in performance versus the broader market due to allocation and selection effects. Alternatively, position selection within the Consumer Discretionary and the Information Technology sectors benefited the Fund’s performance, although these sectors had significantly less weight allocated as compared to the Industrials and Materials sectors. As a megatrend fund, there is significant weight allocated to companies with high growth rates, as well as those that have yet to report positive earnings. The fastest growth companies in the Fund detracted from performance, while those with steadier growth positively contributed. Likewise negative earners detracted from performance while those with positive earnings benefited the Fund. In terms of battery specific categories, the emerging technology category most benefited performance while raw materials and enabler firms detracted from performance.
Shareholder Expense Example (for the six-month period ended June 30, 2023)
| Beginning Account Value | Ending Account Value | Annualized Expense Ratio | Expenses Paid During the Period | |||||||||||||
Actual | $ | 1,000.00 | $ | 1,083.50 | 0.45 | % | $ | 2.32 | ||||||||
Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,022.56 | 0.45 | % | $ | 2.26 | ||||||||
Performance
| Average Annual Total Return | ||||||||
| 1 Year | Since Inception1 | |||||||
Fund NAV Returns | 0.58 | % | -10.22 | % | ||||
Fund Market Price Returns | -0.12 | % | -10.21 | % | ||||
WisdomTree Battery Value Chain and Innovation Index | 0.55 | % | -10.17 | % | ||||
MSCI ACWI Materials Index | 12.07 | % | -5.81 | % | ||||
| 1 | Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on February 17, 2022. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
| 18 | WisdomTree Trust |
Management’s Discussion of Funds’ Performance
as of June 30, 2023 (unaudited)
WisdomTree BioRevolution Fund (WDNA)
Sector Breakdown†
| Sector | % of Net Assets | |||
Health Care | 79.5 | % | ||
Materials | 12.4 | % | ||
Consumer Staples | 4.4 | % | ||
Energy | 3.5 | % | ||
Other Assets less Liabilities‡ | 0.2 | % | ||
Total | 100.0 | % | ||
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
| ‡ | Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
| Description | % of Net Assets | |||
Geron Corp. | 1.8% | |||
Twist Bioscience Corp. | 1.6% | |||
Ginkgo Bioworks Holdings, Inc. | 1.5% | |||
Exact Sciences Corp. | 1.5% | |||
Blueprint Medicines Corp. | 1.5% | |||
Agios Pharmaceuticals, Inc. | 1.4% | |||
Vericel Corp. | 1.4% | |||
Eli Lilly & Co. | 1.4% | |||
Iovance Biotherapeutics, Inc. | 1.4% | |||
Verve Therapeutics, Inc. | 1.3% | |||
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree BioRevolution Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree BioRevolution Index (the “Index”). In seeking to track the Index, the Fund primarily invests in equity securities of exchange-listed companies globally that will be significantly transformed by advancements in genetics and biotechnology. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole.
The Fund returned 0.61% at net asset value (“NAV”) for the fiscal year ended June 30, 2023 (for more complete performance information please see the table below). With over 90% of the fund allocated to the Healthcare and Materials sectors, the Fund underperformed the broader market as these sectors failed to participate in the early 2023 rally in Information Technology, Consumer Discretionary and the Communications sectors that drove up broad market performance. Furthermore, allocations to small cap companies also detracted from returns, as well as those firms with slower earnings growth. Those with faster growth tended to benefit fund performance.
Shareholder Expense Example (for the six-month period ended June 30, 2023)
| Beginning Account Value | Ending Account Value | Annualized Expense Ratio | Expenses Paid During the Period | |||||||||||||
Actual | $ | 1,000.00 | $ | 1,000.60 | 0.45 | % | $ | 2.23 | ||||||||
Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,022.56 | 0.45 | % | $ | 2.26 | ||||||||
Performance
| Average Annual Total Return | ||||||||
| 1 Year | Since Inception1 | |||||||
Fund NAV Returns | 0.61 | % | -15.87 | % | ||||
Fund Market Price Returns | 0.72 | % | -15.84 | % | ||||
WisdomTree BioRevolution Index | 0.49 | % | -15.81 | % | ||||
S&P Biotechnology Select Industry Index | 12.13 | % | -18.43 | % | ||||
S&P 500® Health Care Index | 5.37 | % | 6.33 | % | ||||
| 1 | Total returns are calculated based on the commencement of Fund trading on the Cboe BZX Exchange, Inc. on June 3, 2021. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
| WisdomTree Trust | 19 |
Management’s Discussion of Funds’ Performance
as of June 30, 2023 (unaudited)
WisdomTree Cloud Computing Fund (WCLD)
Sector Breakdown†
| Sector | % of Net Assets | |||
Information Technology | 86.8% | |||
Financials | 5.5% | |||
Health Care | 2.7% | |||
Communication Services | 2.8% | |||
Industrials | 1.5% | |||
Consumer Discretionary | 0.6% | |||
Other Assets less Liabilities‡ | 0.1% | |||
Total | 100.0% | |||
| † | The Fund’s sector breakdown is expressed as a percentage of net assets and may change over time. In addition, a sector may be comprised of several industries. It does not include derivatives (if any). |
| ‡ | Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
| Description | % of Net Assets | |||
MongoDB, Inc. | 2.7% | |||
Yext, Inc. | 2.2% | |||
C3.ai, Inc., Class A | 2.1% | |||
Shopify, Inc., Class A | 2.0% | |||
Asana, Inc., Class A | 2.0% | |||
Braze, Inc., Class A | 2.0% | |||
Confluent, Inc., Class A | 1.9% | |||
Adobe, Inc. | 1.9% | |||
Squarespace, Inc., Class A | 1.9% | |||
HubSpot, Inc. | 1.8% | |||
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree Cloud Computing Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the Bessemer Venture Partners (“BVP”) Nasdaq Emerging Cloud Index (the “Index”). In seeking to track the Index, the Fund invests in emerging public companies primarily involved in providing cloud computing software and services to their customers, which derive the majority of their revenues from business-oriented software products, as determined by BVP. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of securities in the Index.
The Fund returned 13.20% at net asset value (“NAV”) for the fiscal year ended June 30, 2023 (for more complete performance information please see the table below). The Fund is nearly fully allocated to the Information Technology sector, and more specifically, with 70% allocated to the Software industry, which benefited fund performance. With reduced exposure to mega-cap tech firms, particularly those that rallied to start the year 2023, the Fund’s overall positive performance was negatively impacted by these selection and allocation effects. Like other megatrends strategies, the Fund tends to overweight companies with strong growth characteristics, which benefited the Fund’s performance over the period. As these strong growth companies also tend to garner higher valuation multiples, the Fund also had more weight allocated to more expensive firms from a price to sales ratio perspective, which benefited returns. Firms with the lowest multiples underperformed significantly compared to their more expensive counterparts. Both positive and negative earners within the fund benefited overall returns.
Shareholder Expense Example (for the six-month period ended June 30, 2023)
| Beginning Account Value | Ending Account Value | Annualized Expense Ratio | Expenses Paid During the Period | |||||||||||||
Actual | $ | 1,000.00 | $ | 1,266.70 | 0.45 | % | $ | 2.53 | ||||||||
Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,022.56 | 0.45 | % | $ | 2.26 | ||||||||
Performance
| Average Annual Total Return | ||||||||||||
| 1 Year | 3 Year | Since Inception1 | ||||||||||
Fund NAV Returns | 13.20 | % | -6.61 | % | 6.37 | % | ||||||
Fund Market Price Returns | 13.40 | % | -6.61 | % | 6.37 | % | ||||||
BVP Nasdaq Emerging Cloud Index | 13.57 | % | -6.27 | % | 6.77 | % | ||||||
S&P 500® Information Technology Index | 40.26 | % | 19.96 | % | 23.68 | % | ||||||
S&P 500® Growth Index | 18.25 | % | 11.80 | % | 13.33 | % | ||||||
| 1 | Total returns are calculated based on the commencement of Fund trading on the NASDAQ on September 6, 2019. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
| 20 | WisdomTree Trust |
Management’s Discussion of Funds’ Performance
as of June 30, 2023 (unaudited)
WisdomTree Cybersecurity Fund (WCBR)
Country Breakdown†
| Country | % of Net Assets | |||
United States | 89.4% | |||
Japan | 3.7% | |||
United Kingdom | 3.2% | |||
South Korea | 2.5% | |||
Israel | 0.6% | |||
Canada | 0.5% | |||
Other Assets less Liabilities‡ | 0.1% | |||
Total | 100.0% | |||
| † | The Fund’s country breakdown may change over time. It does not include derivatives (if any). |
| ‡ | Other assets less liabilities may include investment of cash collateral for securities on loan and/or receivables/payables on derivatives (if any). |
Top Ten Holdings*
| Description | % of Net Assets | |||
Datadog, Inc., Class A | 6.7% | |||
Palo Alto Networks, Inc. | 6.1% | |||
Fortinet, Inc. | 5.7% | |||
Cloudflare, Inc., Class A | 5.5% | |||
Crowdstrike Holdings, Inc., Class A | 5.5% | |||
Elastic NV | 5.4% | |||
SentinelOne, Inc., Class A | 4.8% | |||
Rapid7, Inc. | 4.8% | |||
Zscaler, Inc. | 4.6% | |||
ForgeRock, Inc., Class A | 4.6% | |||
| * | The ten largest holdings are subject to change, and there are no guarantees the Fund will remain invested in any particular company. Excludes derivatives and investment of cash collateral for securities on loan (if any). |
The WisdomTree Cybersecurity Fund (the “Fund”) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Team8 Cybersecurity Index (the “Index”). In seeking to track the Index, the Fund invests in equity securities of exchange-listed companies globally, which are primarily involved in cybersecurity and security-oriented technology that generate a meaningful part of their revenue from security protocols that prevent intrusion and attacks to systems, networks, applications, computers, and mobile devices and are experiencing revenue growth.
The Fund returned 8.68% at net asset value (“NAV”) for the fiscal year ended June 30, 2023 (for more complete performance information please see the table below). As a fund focused on cyber security software, the Fund is fully allocated to the Information Technology sector, which benefited returns. More specifically, with 80% allocated to Software, this benefited fund performance, but selection within the group failed to capture mega-cap technology firms that rallied the most to start the year of 2023, causing the Fund to underperform broader technology exposures that cover technology beyond cybersecurity. The Fund is heavily allocated to the highest two growth quintiles, which benefited fund performance. Generally, firms with strong growth characteristics within the Fund outperformed those with weaker characteristics. More specifically, the fastest growing and narrowly focused firms across pinpointed cybersecurity applications had the greatest positive impact. Some of the key detractors for the period were newer firms that had more recently undergone an initial public offering, as well as more expensive firms in terms of valuation, with higher price to sales ratios.
Shareholder Expense Example (for the six-month period ended June 30, 2023)
| Beginning Account Value | Ending Account Value | Annualized Expense Ratio | Expenses Paid During the Period | |||||||||||||
Actual | $ | 1,000.00 | $ | 1,269.70 | 0.45 | % | $ | 2.53 | ||||||||
Hypothetical (5% return before expenses) | $ | 1,000.00 | $ | 1,022.56 | 0.45 | % | $ | 2.26 | ||||||||
Performance
| Average Annual Total Return | ||||||||
| 1 Year | Since Inception1 | |||||||
Fund NAV Returns | 8.68 | % | -8.60 | % | ||||
Fund Market Price Returns | 9.02 | % | -8.53 | % | ||||
WisdomTree Team8 Cybersecurity Index | 8.49 | % | -8.43 | % | ||||
S&P 500® Information Technology Index | 40.26 | % | 13.71 | % | ||||
S&P 500® Growth Index | 18.25 | % | 4.80 | % | ||||
| 1 | Total returns are calculated based on the commencement of Fund trading on the NASDAQ on January 28, 2021. |
Performance is historical and does not guarantee future results. The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or on the redemption of Fund shares.
| WisdomTree Trust | 21 |
Description of Terms and Indexes (unaudited)
Below are descriptions of certain terms and of each Index referenced in this report:
The 60% S&P 500® Index/40% Bloomberg U.S. Aggregate Index Composite represents a 60% weight to the S&P 500® Index and a 40% weight to the Bloomberg U.S. Aggregate Index. The Bloomberg U.S. Aggregate Index measures the performance of the U.S. investment-grade bond market.
Allocation Effect measures an investment manager’s ability to effectively allocate a portfolio’s assets to various segments. A segment refers to assets or securities that are grouped within a certain classification such as sectors, industries, or countries. The allocation effect determines whether the overweighting or underweighting of segments relative to a benchmark contributes positively or negatively to the overall portfolio return. Positive allocation occurs when the portfolio is overweighted in a segment that outperforms the benchmark and underweighted in a segment that underperforms the benchmark. Negative allocation occurs when the portfolio is overweighted in a segment that underperforms the benchmark and underweighted in a segment that outperforms the benchmark.
The BVP Nasdaq Emerging Cloud Index is an equally weighted index that is designed to track the performance of emerging public companies primarily involved in providing cloud software and services to their customers.
Cloud computing is a term used to describe the delivery, through the Internet, of computing services, which can include servers, storage, databases, networking, software, analytics, and intelligence.
Gross Domestic Product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of a country’s economic health.
Growth is generally characterized by higher price levels relative to fundamentals, such as dividends or earnings. Price levels are higher because investors are willing to pay more due to their expectations of future improvements in these fundamentals.
The ICE BofA Merrill Lynch U.S. Corporate Index tracks the performance of U.S. dollar denominated investment grade corporate debt publicly issued in the U.S.
The ICE BofA Merrill Lynch U.S. High Yield Index tracks the performance of U.S. dollar denominated high yield corporate debt securities issued in the U.S.
The ICE BofA Merrill Lynch 1-5 Year U.S. Corporate Index is a subset of the ICE BofA Merrill Lynch U.S. Corporate Index including all securities with a remaining term to final maturity less than 5 years.
The MSCI ACWI Materials Index is a modified market capitalization weighted index that measures the performance of securities classified in the Materials GICS sector.
The MSCI EAFE Extended ESG Focus Index is designed to maximize exposure to positive environmental, social and governance (ESG) factors while exhibiting risk and return characteristics similar to those of the MSCI EAFE Index, its parent index.
The MSCI EAFE Index is a market cap-weighted index composed of companies representative of the developed market structure of developed countries in Europe, Australasia and Japan.
The MSCI EAFE Local Currency Index is a free float-adjusted market capitalization weighted index that is designed to measure developed market equity performance, excluding the U.S. and Canada, in local currency.
The MSCI EAFE Small Cap Index is a free float-adjusted market capitalization equity index that is designed to measure the performance of small-cap stocks within the developed equity market, excluding the U.S. and Canada.
The MSCI EAFE Small Cap Local Currency Index is a free float-adjusted market capitalization equity index that is designed to measure the performance of small-cap stocks within the developed equity market, excluding the U.S. and Canada, in local currency.
| 22 | WisdomTree Trust |
Description of Terms and Indexes (unaudited) (continued)
The MSCI EAFE Small Cap Value Index captures small cap securities exhibiting overall value style characteristics across Developed Markets countries, excluding the U.S. and Canada.
The MSCI EAFE Value Index is a free float-adjusted market capitalization index that is designed to measure the performance of “value” stocks within the developed equity market, excluding the U.S. and Canada.
The MSCI Emerging Markets ex-China Index captures large and mid cap representation across 23 of the 24 Emerging Markets countries excluding China.
The MSCI Emerging Markets Extended ESG Focus Index is designed to maximize exposure to positive environmental, social and governance (ESG) factors while exhibiting risk and return characteristics similar to those of the MSCI Emerging Markets Index, its parent index.
The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure emerging markets equity performance.
Quality is generally characterized by higher efficiency and profitability. Typical measures include earnings, return-on-equity, return on assets, operating profitability as well as others. This term is also related to the quality factor, which associates these stock characteristics with excess returns vs. the market over time.
Quintiles refers to separating a universe of companies into five groups of equal size on the basis of dividend yield, price-to-earnings, or return-on-equity, as applicable.
Risk-on and Risk-off refers to investors’ appetites for risk which rise and fall over time. During periods when risk is perceived as low, the risk-on risk-off theory states that investors tend to engage in higher-risk investments (i.e., “Risk-on”). When risk is perceived to be high, investors have the tendency to gravitate toward lower-risk investments (i.e., “Risk-off”).
The S&P 500® Growth Index measures the performance of the large-capitalization growth sector of the U.S. equity market.
The S&P 500® Health Care Index is a capitalization weighted index that measures the performance of the members of the GICS Healthcare sector within the S&P 500 Index.
The S&P 500® Index is a capitalization-weighted index of 500 stocks selected by the Standard & Poor’s Index Committee designed to represent the performance of the leading industries in the United States economy.
The S&P 500® Information Technology Index comprises companies included in the S&P 500® that are classified as members of the GICS® information technology sector.
The S&P Biotechnology Select Industry Index is designed to measure the performance of stocks from the S&P Total Market index that are classified in the GICS biotechnology sub-industry.
Selection Effect measures an investment manager’s ability to select securities within a given segment relative to a benchmark. The over or underperformance of the portfolio is weighted by the benchmark weight, therefore, selection is not affected by the investment manager’s allocation to the segment. The weight of the segment in the portfolio determines the size of the effect — the larger the segment, the larger the effect is, positive or negative. A positive selection effect occurs when the portfolio return is greater than the benchmark return. Thus, the investment manager made good decisions in selecting securities that, as a whole, outperformed similar securities in the benchmark. A negative selection effect occurs when the portfolio return is less than the benchmark return. Thus, the investment manager made poor decisions in selecting securities that, as a whole, underperformed similar securities in the benchmark.
Volatility is a statistical measure of the dispersion of returns for a given security or market index around a particular average level. If the price stays relatively stable, the security has low volatility. A highly volatile security hits new highs and lows quickly, moves erratically, and has rapid increases and dramatic falls.
| WisdomTree Trust | 23 |
Description of Terms and Indexes (unaudited) (continued)
The WisdomTree Artificial Intelligence & Innovation Index is designed to measure the performance of companies primarily involved in artificial intelligence and innovation.
The WisdomTree Battery Value Chain and Innovation Index is designed to track the performance of companies primarily involved in battery and energy storage solutions that meet Index eligibility requirements. Battery and energy storage solutions can be defined as technology that captures electric energy in chemical form.
The WisdomTree BioRevolution Index is designed to track performance of companies that will be significantly transformed by advancements in genetics and biotechnology that meet index eligibility requirements.
The WisdomTree Dynamic Currency Hedged International Equity Index is a fundamentally weighted index that measures the performance of dividend-paying companies in the industrialized world, excluding Canada and the United States. To hedge the impact of changes to the value of foreign currencies relative to the U.S. dollar, a currency hedge ratio (ranging from 0% to 100%) is applied monthly using a rules-based process that combines momentum, value, and interest rate signals.
The WisdomTree Dynamic Currency Hedged International SmallCap Equity Index is a fundamentally weighted index that measures the performance of the small-capitalization segment of the dividend-paying market in the industrialized world, excluding Canada and the United States. To hedge the impact of changes to the value of foreign currencies relative to the U.S. dollar, a currency hedge ratio (ranging from 0% to 100%) is applied monthly using a rules-based process that combines momentum, value, and interest rate signals.
The WisdomTree Emerging Markets ex-China Index measures the performance of emerging markets stocks (excluding China) that are not state owned enterprises. State owned enterprises are defined as government ownership of more than 20% of outstanding shares of companies. The index employs a modified float-adjusted market capitalization weighting process to target the weights of countries in the universe (excluding China) prior to the removal of state owned enterprises while also limiting sector deviations to 3% of the starting universe.
The WisdomTree Team8 Cybersecurity Index is designed to track the performance of companies primarily involved in providing cybersecurity-oriented products that meet index eligibility requirements.
The WisdomTree U.S. Corporate Bond Index is a rule-based alternatively weighted index designed to capture the performance of selected issuers in the U.S. investment grade corporate bond market that are deemed to have attractive fundamental and income characteristics. The Index employs a multi-step process, which screens on fundamentals to identify bonds with favorable characteristics and then tilts to those which offer attractive income characteristics. The Index is comprised of U.S. corporate bonds of public issuers domiciled in the United States. To be eligible for inclusion in the Index, debt securities must have fixed coupons with at least $350 million in par amount outstanding and a remaining maturity of at least one year. Component securities must be rated investment grade.
The WisdomTree U.S. High Yield Corporate Bond Index is a rule-based alternatively weighted index designed to capture the performance of selected issuers in the U.S. high yield corporate bond market that are deemed to have attractive fundamental and income characteristics. The Index employs a multi-step process, which screens on fundamentals to identify bonds with favorable characteristics and then tilts to those which offer attractive income characteristics. The Index is comprised of U.S. corporate bonds of public issuers domiciled in the United States. To be eligible for inclusion in the Index, debt securities must have fixed coupons with at least $500 million in par amount outstanding and a remaining maturity of at least one year. Component securities must be rated non-investment grade by at least one rating agency.
The WisdomTree U.S. Short-Term Corporate Bond Index is a rule-based alternatively weighted index designed to capture the performance of selected issuers in the U.S.
| 24 | WisdomTree Trust |
Description of Terms and Indexes (unaudited) (continued)
investment-grade corporate bond market that are deemed to have attractive fundamental and income characteristics. The Index employs a multi-step process, which screens on fundamentals to identify bonds with favorable characteristics and then tilts to those which offer attractive income characteristics. The Index is comprised of U.S. corporate bonds of public issuers domiciled in the United States. To be eligible for inclusion in the Index, debt securities must have fixed coupons with at least $350 million in par amount outstanding and a remaining maturity of at least one year but not more than five years. Component securities must be rated investment grade.
The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor’s (“S&P”), a division of The McGraw-Hill Companies, Inc. and is licensed for use by WisdomTree, Inc. Neither MSCI, S&P nor any other party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.
Neither MSCI nor any other party involved in or related to compiling, computing or creating the MSCI data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any such data. Without limiting any of the foregoing, in no event shall MSCI, any of its affiliates or any third party involved in or related to compiling, computing or creating the data have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent.
THE INFORMATION SET FORTH IN THE BVP NASDAQ EMERGING CLOUD INDEX IS NOT INTENDED TO BE, AND SHALL NOT BE REGARDED OR CONSTRUED AS, A RECOMMENDATION FOR A TRANSACTION OR INVESTMENT OR FINANCIAL, TAX, INVESTMENT OR OTHER ADVICE OF ANY KIND BY BESSEMER VENTURE PARTNERS. BESSEMER VENTURE PARTNERS DOES NOT PROVIDE INVESTMENT ADVICE TO WISDOMTREE OR THE FUND, IS NOT AN INVESTMENT ADVISER TO THE FUND AND IS NOT RESPONSIBLE FOR THE PERFORMANCE OF THE FUND. THE FUND IS NOT ISSUED, SPONSORED, ENDORSED OR PROMOTED BY BESSEMER VENTURE PARTNERS. BESSEMER VENTURE PARTNERS MAKES NO WARRANTY OR REPRESENTATION REGARDING THE QUALITY, ACCURACY OR COMPLETENESS OF THE BVP NASDAQ EMERGING CLOUD INDEX, INDEX VALUES OR ANY INDEX RELATED DATA INCLUDED HEREIN, PROVIDED HEREWITH OR DERIVED THEREFROM AND ASSUMES NO LIABILITY IN CONNECTION WITH ITS USE. BESSEMER VENTURE PARTNERS AND/OR POOLED INVESTMENT VEHICLES WHICH IT MANAGES, AND INDIVIDUALS AND ENTITIES AFFILIATED WITH SUCH VEHICLES, MAY PURCHASE, SELL OR HOLD SECURITIES OF ISSUERS THAT ARE CONSTITUENTS OF THE BVP NASDAQ EMERGING CLOUD INDEX FROM TIME TO TIME AND AT ANY TIME, INCLUDING IN ADVANCE OF OR FOLLOWING AN ISSUER BEING ADDED TO OR REMOVED FROM THE BVP NASDAQ EMERGING CLOUD INDEX.
Nasdaq® and the BVP Nasdaq Emerging Cloud Index are registered trademarks and service marks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by WisdomTree. The fund has not been passed on by the Corporations as to its legality or suitability. The fund is not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND.
| WisdomTree Trust | 25 |
Description of Terms and Indexes (unaudited) (concluded)
WisdomTree, Inc. and WisdomTree Asset Management, Inc. (together, “WisdomTree”) and the Funds make no representation or warranty, express or implied, to the owners of shares of the Funds or any member of the public regarding the advisability of investing in securities generally or in the Funds particularly or the ability of the underlying Indexes to track the performance of their underlying securities. WisdomTree is the licensor of certain trademarks, service marks and trade names of the Funds. WisdomTree has no obligation to take the needs of the Funds or the owners of shares of the Funds into consideration in determining, composing, or calculating the underlying WisdomTree Indexes of the applicable Funds. WisdomTree is not responsible for, and has not participated in, the determination of the timing of, prices of, or quantities of shares of the Funds to be issued or in the determination or calculation of the equation by which the shares of the Funds are redeemable. WisdomTree and the Funds do not guarantee the accuracy, completeness, or performance of the underlying Indexes or the data included therein and shall have no liability in connection with the underlying Indexes or their calculation.
Index performance information assumes the reinvestment of dividends and excludes management fees, transaction costs and expenses. You cannot directly invest in an index.
* * * * * *
Abbreviations used in the schedules of investments and related tables included in this report are as follows:
| CURRENCY ABBREVIATIONS: | ||||||||||
| AUD | Australian dollar | EUR | Euro | NOK | Norwegian krone | |||||
| CAD | Canadian dollar | GBP | British pound | SEK | Swedish krona | |||||
| CHF | Swiss franc | HKD | Hong Kong dollar | SGD | Singapore dollar | |||||
| CNH | Offshore Chinese renminbi | ILS | Israeli new shekel | TWD | New Taiwan dollar | |||||
| DKK | Danish krone | JPY | Japanese yen | USD | U.S. dollar | |||||
| OTHER ABBREVIATIONS: | ||||||||||
| ADR | American Depositary Receipt | |||||||||
| CVA | Certificaten Van Aandelen (Certificate of Stock) | |||||||||
| GDR | Global Depositary Receipt | |||||||||
| NVDR | Non-Voting Depositary Receipt | |||||||||
| RSP | Risparmio Italian Savings Shares | |||||||||
| 26 | WisdomTree Trust |
Schedule of Investments
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
June 30, 2023
| Investments | Shares | Value | ||||||
| COMMON STOCKS – 99.4% |
| |||||||
| Australia – 12.1% |
| |||||||
Abacus Property Group | 39,538 | $ | 70,797 | |||||
Accent Group Ltd. | 12,527 | 13,967 | ||||||
AGL Energy Ltd.(a) | 14,567 | 104,819 | ||||||
ALS Ltd. | 6,520 | 48,435 | ||||||
Ampol Ltd. | 6,984 | 139,188 | ||||||
ANZ Group Holdings Ltd. | 81,375 | 1,284,306 | ||||||
APA Group | 29,286 | 188,899 | ||||||
Aristocrat Leisure Ltd. | 3,955 | 101,778 | ||||||
ASX Ltd. | 3,416 | 143,253 | ||||||
Aurizon Holdings Ltd. | 39,616 | 103,372 | ||||||
Australian Clinical Labs Ltd.(a) | 16,883 | 38,659 | ||||||
Bank of Queensland Ltd.(a) | 11,917 | 43,550 | ||||||
Bendigo & Adelaide Bank Ltd.(a) | 11,285 | 64,527 | ||||||
BHP Group Ltd. | 287,604 | 8,613,048 | ||||||
BlueScope Steel Ltd. | 5,779 | 79,052 | ||||||
Brambles Ltd. | 14,537 | 139,439 | ||||||
Brickworks Ltd. | 2,440 | 43,301 | ||||||
BWP Trust | 19,062 | 46,060 | ||||||
carsales.com Ltd. | 4,000 | 63,423 | ||||||
Centuria Capital Group(a) | 71,832 | 78,895 | ||||||
Centuria Industrial REIT(a) | 21,095 | 43,530 | ||||||
Challenger Ltd. | 9,274 | 40,003 | ||||||
Charter Hall Group | 7,704 | 54,923 | ||||||
Charter Hall Long Wale REIT | 28,913 | 77,176 | ||||||
Cochlear Ltd. | 297 | 45,287 | ||||||
Coles Group Ltd. | 23,160 | 283,971 | ||||||
Commonwealth Bank of Australia | 31,385 | 2,094,783 | ||||||
Computershare Ltd. | 5,668 | 88,210 | ||||||
Cromwell Property Group | 95,544 | 34,025 | ||||||
CSL Ltd. | 1,943 | 358,752 | ||||||
CSR Ltd. | 17,712 | 61,190 | ||||||
Deterra Royalties Ltd. | 24,716 | 75,680 | ||||||
Dexus(a) | 31,885 | 165,549 | ||||||
Dicker Data Ltd.(a) | 3,545 | 19,350 | ||||||
Eagers Automotive Ltd.(a) | 7,352 | 66,018 | ||||||
Elders Ltd.(a) | 4,575 | 20,038 | ||||||
Endeavour Group Ltd.(a) | 17,164 | 72,093 | ||||||
First Resources Ltd. | 42,000 | 43,137 | ||||||
Goodman Group | 10,124 | 135,253 | ||||||
GPT Group | 32,072 | 88,384 | ||||||
Growthpoint Properties Australia Ltd. | 22,348 | 41,504 | ||||||
Harvey Norman Holdings Ltd.(a) | 40,636 | 94,132 | ||||||
Helia Group Ltd. | 22,981 | 52,929 | ||||||
HomeCo Daily Needs REIT | 56,292 | 44,028 | ||||||
IGO Ltd. | 3,428 | 34,684 | ||||||
Iluka Resources Ltd. | 9,351 | 69,154 | ||||||
Incitec Pivot Ltd. | 49,858 | 90,935 | ||||||
Inghams Group Ltd. | 17,623 | 30,735 | ||||||
Insignia Financial Ltd.(a) | 29,146 | 54,711 | ||||||
Insurance Australia Group Ltd. | 16,492 | 62,574 | ||||||
IVE Group Ltd.(a) | 12,559 | 19,228 | ||||||
JB Hi-Fi Ltd.(a) | 3,837 | 111,742 | ||||||
Lovisa Holdings Ltd. | 2,617 | 33,621 | ||||||
Macquarie Group Ltd. | 4,776 | 564,680 | ||||||
McMillan Shakespeare Ltd. | 4,284 | 51,501 | ||||||
Medibank Pvt Ltd. | 54,556 | 127,829 | ||||||
Metcash Ltd. | 27,269 | 68,250 | ||||||
Mineral Resources Ltd. | 935 | 44,457 | ||||||
Mirvac Group | 60,462 | 90,957 | ||||||
MyState Ltd. | 14,212 | 29,989 | ||||||
National Australia Bank Ltd. | 66,730 | 1,171,324 | ||||||
New Hope Corp. Ltd. | 30,831 | 99,535 | ||||||
NIB Holdings Ltd.(a) | 7,231 | 40,672 | ||||||
Nick Scali Ltd.(a) | 5,863 | 35,554 | ||||||
Nine Entertainment Co. Holdings Ltd.(a) | 64,457 | 84,310 | ||||||
Northern Star Resources Ltd. | 12,426 | 99,918 | ||||||
NRW Holdings Ltd. | 19,463 | 32,778 | ||||||
Orica Ltd. | 3,632 | 35,854 | ||||||
Origin Energy Ltd. | 30,673 | 171,711 | ||||||
Orora Ltd. | 21,851 | 47,853 | ||||||
Perpetual Ltd.(a) | 2,791 | 48,081 | ||||||
Premier Investments Ltd. | 3,931 | 53,014 | ||||||
QBE Insurance Group Ltd. | 12,262 | 127,902 | ||||||
Qube Holdings Ltd. | 25,402 | 48,190 | ||||||
REA Group Ltd.(a) | 904 | 86,068 | ||||||
Reece Ltd.(a) | 4,257 | 52,621 | ||||||
Region RE Ltd. | 33,380 | 50,438 | ||||||
Rio Tinto Ltd. | 14,620 | 1,116,140 | ||||||
Rio Tinto PLC | 41,583 | 2,635,663 | ||||||
Santos Ltd. | 37,092 | 185,671 | ||||||
Scentre Group | 95,091 | 167,738 | ||||||
SEEK Ltd. | 4,230 | 61,157 | ||||||
Seven Group Holdings Ltd. | 3,145 | 51,604 | ||||||
Sigma Healthcare Ltd. | 12,192 | 6,817 | ||||||
Sims Ltd. | 7,508 | 78,714 | ||||||
Sonic Healthcare Ltd. | 6,997 | 165,669 | ||||||
South32 Ltd. | 226,009 | 565,665 | ||||||
Steadfast Group Ltd. | 12,532 | 50,052 | ||||||
Stockland | 88,753 | 238,086 | ||||||
Suncorp Group Ltd. | 14,021 | 125,903 | ||||||
Telstra Group Ltd. | 233,521 | 668,406 | ||||||
Terracom Ltd.(a) | 23,394 | 6,540 | ||||||
TPG Telecom Ltd.(a) | 26,537 | 86,025 | ||||||
Transurban Group | 33,154 | 314,483 | ||||||
Treasury Wine Estates Ltd. | 7,638 | 57,096 | ||||||
Vicinity Ltd. | 89,151 | 109,488 | ||||||
Viva Energy Group Ltd.(a)(b) | 52,506 | 105,201 | ||||||
Washington H Soul Pattinson & Co. Ltd.(a) | 3,909 | 82,692 | ||||||
Waypoint REIT Ltd. | 23,232 | 40,053 | ||||||
Wesfarmers Ltd. | 14,828 | 486,999 | ||||||
Westpac Banking Corp. | 56,380 | 800,876 | ||||||
Whitehaven Coal Ltd. | 20,932 | 93,493 | ||||||
Woodside Energy Group Ltd. | 57,264 | 1,312,776 | ||||||
Woolworths Group Ltd. | 10,563 | 279,352 | ||||||
Worley Ltd. | 8,152 | 85,682 | ||||||
| �� |
|
| ||||||
| Total Australia |
| 29,257,624 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 27 |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
June 30, 2023
| Investments | Shares | Value | ||||||
| Austria – 0.6% |
| |||||||
Andritz AG | 1,689 | $ | 94,070 | |||||
BAWAG Group AG*(b) | 2,465 | 113,543 | ||||||
Erste Group Bank AG | 8,733 | 305,744 | ||||||
EVN AG | 2,613 | 57,871 | ||||||
Oesterreichische Post AG | 1,697 | 60,542 | ||||||
OMV AG | 5,472 | 231,873 | ||||||
S IMMO AG* | 496 | 6,602 | ||||||
Telekom Austria AG* | 13,517 | 99,985 | ||||||
UNIQA Insurance Group AG | 8,458 | 67,823 | ||||||
Verbund AG | 728 | 58,337 | ||||||
Vienna Insurance Group AG Wiener Versicherung Gruppe | 2,261 | 59,079 | ||||||
Voestalpine AG | 3,703 | 132,915 | ||||||
Wienerberger AG | 1,944 | 59,470 | ||||||
|
| |||||||
| Total Austria |
| 1,347,854 | ||||||
| Belgium – 1.0% |
| |||||||
Ackermans & van Haaren NV | 284 | 46,725 | ||||||
Aedifica SA(a) | 749 | 47,967 | ||||||
Ageas SA/NV | 6,523 | 264,097 | ||||||
Anheuser-Busch InBev SA | 5,496 | 310,780 | ||||||
bpost SA(a) | 8,859 | 38,893 | ||||||
Cofinimmo SA(a) | 927 | 69,581 | ||||||
D’ieteren Group | 301 | 53,167 | ||||||
Elia Group SA/NV | 433 | 54,941 | ||||||
Groupe Bruxelles Lambert NV | 1,920 | 151,155 | ||||||
KBC Group NV | 10,086 | 703,365 | ||||||
Melexis NV | 777 | 76,209 | ||||||
Proximus SADP | 15,644 | 116,469 | ||||||
Solvay SA | 1,357 | 151,454 | ||||||
UCB SA | 1,163 | 103,029 | ||||||
Umicore SA | 1,975 | 55,139 | ||||||
VGP NV | 798 | 77,920 | ||||||
Warehouses De Pauw CVA | 1,856 | 50,865 | ||||||
|
| |||||||
| Total Belgium |
| 2,371,756 | ||||||
| Burkina Faso – 0.0% |
| |||||||
Endeavour Mining PLC | 3,805 | 91,187 | ||||||
| China – 0.4% |
| |||||||
BOC Hong Kong Holdings Ltd. | 222,500 | 679,998 | ||||||
Prosus NV* | 2,270 | 166,203 | ||||||
Wilmar International Ltd. | 90,300 | 253,549 | ||||||
|
| |||||||
| Total China |
| 1,099,750 | ||||||
| Denmark – 1.3% |
| |||||||
Alm Brand A/S | 26,685 | 41,759 | ||||||
AP Moller – Maersk A/S, Class B | 259 | 454,446 | ||||||
Carlsberg A/S, Class B | 982 | 156,908 | ||||||
Chr Hansen Holding A/S | 711 | 49,339 | ||||||
Coloplast A/S, Class B | 1,494 | 186,770 | ||||||
D/S Norden A/S | 1,779 | 88,730 | ||||||
DSV A/S | 456 | 95,745 | ||||||
Novo Nordisk A/S, Class B | 7,521 | 1,211,541 | ||||||
Novozymes A/S, Class B | 1,074 | 50,027 | ||||||
Orsted A/S(b) | 2,505 | 236,668 | ||||||
Pandora A/S | 1,840 | 164,242 | ||||||
Scandinavian Tobacco Group A/S, Class A(b) | 2,803 | 46,615 | ||||||
Sydbank A/S | 2,126 | 98,188 | ||||||
Topdanmark A/S | 2,906 | 142,727 | ||||||
Tryg A/S | 6,781 | 146,701 | ||||||
|
| |||||||
| Total Denmark |
| 3,170,406 | ||||||
| Finland – 1.4% |
| |||||||
Aktia Bank Oyj | 3,334 | 33,828 | ||||||
Anora Group Oyj | 3,868 | 20,762 | ||||||
Citycon Oyj*(a) | 6,973 | 44,276 | ||||||
Elisa Oyj | 3,037 | 162,156 | ||||||
Fortum Oyj | 21,583 | 288,805 | ||||||
Huhtamaki Oyj(a) | 1,289 | 42,273 | ||||||
Kesko Oyj, Class A | 2,646 | 50,288 | ||||||
Kesko Oyj, Class B | 5,141 | 96,752 | ||||||
Kojamo Oyj | 2,796 | 26,295 | ||||||
Kone Oyj, Class B | 6,087 | 317,635 | ||||||
Konecranes Oyj | 1,921 | 77,231 | ||||||
Metsa Board Oyj, Class B(a) | 6,412 | 47,290 | ||||||
Metso Oyj(a) | 9,752 | 117,513 | ||||||
Neste Oyj | 4,157 | 159,914 | ||||||
Nokia Oyj | 26,048 | 108,999 | ||||||
Nordea Bank Abp | 77,288 | 839,332 | ||||||
Orion Oyj, Class B | 1,484 | 61,556 | ||||||
Sampo Oyj, Class A | 10,836 | 486,124 | ||||||
Stora Enso Oyj, Class R | 7,234 | 83,856 | ||||||
TietoEVRY Oyj | 3,237 | 89,278 | ||||||
UPM-Kymmene Oyj | 6,287 | 187,048 | ||||||
Valmet Oyj(a) | 3,511 | 97,601 | ||||||
|
| |||||||
| Total Finland |
| 3,438,812 | ||||||
| France – 11.5% |
| |||||||
Air Liquide SA | 2,918 | 522,737 | ||||||
Airbus SE | 3,561 | 514,226 | ||||||
ALD SA(b) | 15,127 | 161,817 | ||||||
Arkema SA | 763 | 71,839 | ||||||
AXA SA | 65,589 | 1,933,845 | ||||||
BioMerieux | 464 | 48,658 | ||||||
BNP Paribas SA | 28,929 | 1,821,733 | ||||||
Bollore SE | 17,773 | 110,719 | ||||||
Bouygues SA | 6,592 | 221,222 | ||||||
Bureau Veritas SA | 1,632 | 44,726 | ||||||
Capgemini SE | 907 | 171,734 | ||||||
Carrefour SA | 8,274 | 156,663 | ||||||
Cie de Saint-Gobain | 6,396 | 388,886 | ||||||
Cie Generale des Etablissements Michelin SCA | 9,107 | 268,861 | ||||||
Coface SA | 7,730 | 106,430 | ||||||
Danone SA | 7,888 | 483,130 | ||||||
Dassault Aviation SA | 489 | 97,844 | ||||||
Dassault Systemes SE | 2,121 | 94,007 | ||||||
Edenred | 1,574 | 105,335 | ||||||
Eiffage SA | 1,074 | 111,994 | ||||||
Elis SA | 2,377 | 46,161 | ||||||
Engie SA | 73,909 | 1,227,906 | ||||||
See Notes to Financial Statements.
| 28 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
June 30, 2023
| Investments | Shares | Value | ||||||
Eramet SA | 654 | $ | 59,685 | |||||
EssilorLuxottica SA | 2,315 | 435,930 | ||||||
Gaztransport Et Technigaz SA | 621 | 63,178 | ||||||
Gecina SA | 1,201 | 127,819 | ||||||
Getlink SE | 3,193 | 54,274 | ||||||
Hermes International | 301 | 653,498 | ||||||
Imerys SA | 1,230 | 47,907 | ||||||
Ipsen SA | 324 | 38,954 | ||||||
IPSOS | 804 | 44,692 | ||||||
Kering SA | 1,018 | 561,539 | ||||||
Klepierre SA | 6,888 | 170,737 | ||||||
L’Oreal SA | 3,575 | 1,665,829 | ||||||
La Francaise des Jeux SAEM(b) | 3,536 | 139,034 | ||||||
Legrand SA | 1,760 | 174,351 | ||||||
LVMH Moet Hennessy Louis Vuitton SE | 4,179 | 3,934,668 | ||||||
Metropole Television SA | 7,026 | 99,497 | ||||||
Nexans SA | 405 | 35,061 | ||||||
Orange SA | 90,197 | 1,053,130 | ||||||
Pernod Ricard SA | 2,650 | 585,169 | ||||||
Publicis Groupe SA | 3,408 | 273,283 | ||||||
Remy Cointreau SA | 247 | 39,600 | ||||||
Rexel SA | 6,267 | 154,591 | ||||||
Rothschild & Co.(a) | 2,275 | 115,538 | ||||||
Rubis SCA | 2,776 | 67,356 | ||||||
Sanofi | 15,596 | 1,670,897 | ||||||
Sartorius Stedim Biotech | 151 | 37,676 | ||||||
Schneider Electric SE | 3,820 | 693,742 | ||||||
Societe BIC SA | 596 | 34,137 | ||||||
Societe Generale SA | 19,207 | 498,725 | ||||||
Sodexo SA | 821 | 90,333 | ||||||
Sopra Steria Group SACA | 339 | 67,608 | ||||||
SPIE SA | 2,120 | 68,462 | ||||||
Teleperformance | 240 | 40,179 | ||||||
Thales SA | 2,214 | 331,403 | ||||||
TotalEnergies SE | 59,886 | 3,433,388 | ||||||
Trigano SA | 213 | 30,512 | ||||||
Valeo | 2,736 | 58,595 | ||||||
Veolia Environnement SA | 9,383 | 296,357 | ||||||
Verallia SA(b) | 1,569 | 58,851 | ||||||
Vicat SA | 2,586 | 82,101 | ||||||
Vinci SA | 6,431 | 746,386 | ||||||
Vivendi SE | 16,028 | 146,992 | ||||||
Wendel SE | 648 | 66,455 | ||||||
|
| |||||||
| Total France |
| 27,758,592 | ||||||
| Georgia – 0.0% |
| |||||||
Bank of Georgia Group PLC | 1,724 | 64,110 | ||||||
| Germany – 7.9% |
| |||||||
adidas AG | 2,029 | 393,541 | ||||||
Allianz SE, Registered Shares | 7,338 | 1,706,828 | ||||||
BASF SE | 20,078 | 974,120 | ||||||
Bayer AG, Registered Shares | 12,019 | 664,422 | ||||||
Bayerische Motoren Werke AG | 13,453 | 1,651,482 | ||||||
Bechtle AG | 1,064 | 42,161 | ||||||
Beiersdorf AG | 513 | 67,861 | ||||||
Brenntag SE | 1,204 | 93,788 | ||||||
Carl Zeiss Meditec AG, Bearer Shares | 351 | 37,926 | ||||||
Dermapharm Holding SE | 1,331 | 65,781 | ||||||
Deutsche Bank AG, Registered Shares | 13,788 | 144,681 | ||||||
Deutsche Boerse AG | 1,104 | 203,675 | ||||||
Deutsche Post AG, Registered Shares | 18,859 | 920,328 | ||||||
Deutsche Telekom AG, Registered Shares | 79,544 | 1,733,568 | ||||||
DWS Group GmbH & Co. KGaA(b) | 7,550 | 230,967 | ||||||
E.ON SE | 47,701 | 607,848 | ||||||
Evonik Industries AG | 8,685 | 165,155 | ||||||
Fielmann AG | 1,726 | 91,894 | ||||||
Freenet AG | 3,155 | 79,100 | ||||||
GEA Group AG | 1,782 | 74,481 | ||||||
Hannover Rueck SE | 1,939 | 411,138 | ||||||
Hapag-Lloyd AG(a)(b) | 5,686 | 1,153,217 | ||||||
Heidelberg Materials AG | 3,114 | 255,483 | ||||||
Henkel AG & Co. KGaA | 2,417 | 170,083 | ||||||
Hochtief AG | 1,044 | 90,209 | ||||||
Infineon Technologies AG | 4,384 | 180,724 | ||||||
Kloeckner & Co. SE | 5,720 | 55,665 | ||||||
Mercedes-Benz Group AG | 28,048 | 2,254,330 | ||||||
Merck KGaA | 445 | 73,577 | ||||||
MTU Aero Engines AG | 255 | 66,046 | ||||||
Muenchener Rueckversicherungs—Gesellschaft AG in Muenchen, Registered Shares | 1,728 | 647,771 | ||||||
Puma SE | 1,265 | 76,072 | ||||||
Rheinmetall AG | 316 | 86,465 | ||||||
RWE AG | 4,827 | 209,966 | ||||||
SAP SE | 7,523 | 1,027,098 | ||||||
Siemens Healthineers AG(b) | 6,217 | 351,753 | ||||||
Siltronic AG | 1,045 | 79,807 | ||||||
Sixt SE | 779 | 93,233 | ||||||
Stroeer SE & Co. KGaA* | 1,118 | 54,278 | ||||||
Suedzucker AG | 3,788 | 67,487 | ||||||
Symrise AG | 417 | 43,684 | ||||||
Synlab AG | 2,961 | 29,236 | ||||||
Talanx AG | 5,161 | 295,891 | ||||||
Telefonica Deutschland Holding AG | 78,137 | 219,683 | ||||||
United Internet AG, Registered Shares | 2,866 | 40,336 | ||||||
Varta AG*(a) | 1,745 | 35,706 | ||||||
Volkswagen AG | 4,244 | 707,958 | ||||||
Wacker Chemie AG | 1,162 | 159,419 | ||||||
Wacker Neuson SE | 6,160 | 149,196 | ||||||
|
| |||||||
| Total Germany |
| 19,035,118 | ||||||
| Hong Kong – 3.0% |
| |||||||
AIA Group Ltd. | 96,400 | 973,029 | ||||||
Bank of East Asia Ltd. | 67,349 | 92,989 | ||||||
Champion REIT(a) | 174,000 | 63,058 | ||||||
CLP Holdings Ltd. | 47,000 | 365,248 | ||||||
Dah Sing Banking Group Ltd. | 82,000 | 61,004 | ||||||
Fortune Real Estate Investment Trust | 58,000 | 41,743 | ||||||
Hang Lung Properties Ltd. | 92,000 | 142,051 | ||||||
Hang Seng Bank Ltd. | 22,800 | 324,401 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 29 |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
June 30, 2023
| Investments | Shares | Value | ||||||
Henderson Land Development Co. Ltd. | 133,000 | $ | 395,439 | |||||
Hong Kong & China Gas Co. Ltd. | 333,816 | 288,382 | ||||||
Hong Kong Exchanges & Clearing Ltd. | 13,459 | 506,992 | ||||||
Hutchison Port Holdings Trust | 430,500 | 83,086 | ||||||
Hysan Development Co. Ltd. | 29,000 | 70,755 | ||||||
Link REIT | 70,331 | 390,399 | ||||||
MTR Corp. Ltd. | 126,643 | 581,776 | ||||||
New World Development Co. Ltd. | 99,000 | 243,565 | ||||||
PCCW Ltd. | 464,000 | 240,390 | ||||||
Power Assets Holdings Ltd. | 79,500 | 416,440 | ||||||
Singamas Container Holdings Ltd. | 120,000 | 9,800 | ||||||
Sino Land Co. Ltd. | 223,858 | 275,088 | ||||||
Sun Hung Kai Properties Ltd. | 77,500 | 976,093 | ||||||
Swire Pacific Ltd., Class A | 16,500 | 126,436 | ||||||
Swire Pacific Ltd., Class B | 57,500 | 72,420 | ||||||
Swire Properties Ltd. | 113,200 | 278,211 | ||||||
Techtronic Industries Co. Ltd. | 15,500 | 168,418 | ||||||
|
| |||||||
| Total Hong Kong |
| 7,187,213 | ||||||
| Indonesia – 0.0% |
| |||||||
Nickel Industries Ltd. | 80,110 | 47,193 | ||||||
| Ireland – 0.3% |
| |||||||
AIB Group PLC | 16,777 | 70,469 | ||||||
CRH PLC | 8,611 | 474,427 | ||||||
Glanbia PLC | 3,863 | 57,739 | ||||||
Kerry Group PLC, Class A | 533 | 51,975 | ||||||
Kingspan Group PLC | 839 | 55,745 | ||||||
Smurfit Kappa Group PLC | 3,549 | 118,211 | ||||||
|
| |||||||
| Total Ireland |
| 828,566 | ||||||
| Israel – 0.7% |
| |||||||
Alony Hetz Properties & Investments Ltd. | 6,910 | 53,739 | ||||||
Amot Investments Ltd. | 11,519 | 60,312 | ||||||
Ashtrom Group Ltd. | 2,561 | 35,348 | ||||||
Azrieli Group Ltd. | 1,475 | 82,674 | ||||||
Bank Hapoalim BM | 11,812 | 96,700 | ||||||
Bank Leumi Le-Israel BM | 39,137 | 290,974 | ||||||
Bezeq The Israeli Telecommunication Corp. Ltd. | 45,380 | 55,347 | ||||||
Big Shopping Centers Ltd.* | 418 | 37,543 | ||||||
Carasso Motors Ltd. | 6,172 | 27,592 | ||||||
Delek Automotive Systems Ltd. | 4,330 | 33,091 | ||||||
Delek Group Ltd. | 1 | 82 | ||||||
FIBI Holdings Ltd. | 753 | 30,335 | ||||||
First International Bank of Israel Ltd. | 1,425 | 55,373 | ||||||
Gav-Yam Lands Corp. Ltd. | 9,154 | 64,407 | ||||||
Harel Insurance Investments & Financial Services Ltd. | 5,135 | 39,907 | ||||||
ICL Group Ltd. | 51,504 | 278,966 | ||||||
Israel Discount Bank Ltd., Class A | 15,733 | 78,009 | ||||||
Matrix IT Ltd. | 1,688 | 34,356 | ||||||
Mivne Real Estate KD Ltd. | 13,859 | 33,690 | ||||||
Mizrahi Tefahot Bank Ltd. | 4,872 | 161,877 | ||||||
Phoenix Holdings Ltd. | 5,964 | 59,866 | ||||||
Plus500 Ltd. | 3,036 | 56,546 | ||||||
Strauss Group Ltd.* | 1,185 | 26,645 | ||||||
|
| |||||||
| Total Israel |
| 1,693,379 | ||||||
| Italy – 2.5% |
| |||||||
A2A SpA(a) | 81,306 | 148,403 | ||||||
ACEA SpA | 3,563 | 46,569 | ||||||
Alerion Cleanpower SpA | 802 | 25,024 | ||||||
Anima Holding SpA(b) | 14,045 | 52,221 | ||||||
Assicurazioni Generali SpA | 32,427 | 658,736 | ||||||
Azimut Holding SpA | 4,105 | 88,474 | ||||||
Banca Generali SpA | 2,864 | 98,426 | ||||||
Banca Mediolanum SpA | 20,108 | 181,689 | ||||||
Banca Popolare di Sondrio SpA | 14,425 | 60,055 | ||||||
Banco BPM SpA | 34,268 | 158,892 | ||||||
Brembo SpA | 3,264 | 48,359 | ||||||
Buzzi SpA(a) | 1,879 | 47,027 | ||||||
Credito Emiliano SpA | 8,590 | 66,820 | ||||||
Cromwell European Real Estate Investment Trust | 34,200 | 58,207 | ||||||
Davide Campari-Milano NV | 4,255 | 58,910 | ||||||
De’ Longhi SpA | 2,876 | 62,817 | ||||||
DiaSorin SpA | 255 | 26,541 | ||||||
Eni SpA | 86,566 | 1,244,955 | ||||||
ERG SpA | 2,553 | 75,148 | ||||||
Esprinet SpA | 1,780 | 10,797 | ||||||
Ferrari NV | 637 | 208,143 | ||||||
FinecoBank Banca Fineco SpA | 6,502 | 87,359 | ||||||
Hera SpA | 28,087 | 83,410 | ||||||
Infrastrutture Wireless Italiane SpA(b) | 10,837 | 142,824 | ||||||
Italgas SpA(a) | 15,938 | 94,332 | ||||||
Leonardo SpA | 4,556 | 51,669 | ||||||
Mediobanca Banca di Credito Finanziario SpA | 23,870 | 285,422 | ||||||
Moncler SpA | 1,564 | 108,079 | ||||||
Piaggio & C. SpA | 13,159 | 54,555 | ||||||
Poste Italiane SpA(a)(b) | 28,263 | 305,759 | ||||||
Prysmian SpA(a) | 1,628 | 67,991 | ||||||
Recordati Industria Chimica e Farmaceutica SpA | 2,241 | 106,966 | ||||||
Snam SpA | 93,556 | 488,607 | ||||||
Terna—Rete Elettrica Nazionale | 35,942 | 306,095 | ||||||
Unieuro SpA(a)(b) | 2,363 | 25,522 | ||||||
Unipol Gruppo SpA | 15,459 | 82,490 | ||||||
UnipolSai Assicurazioni SpA(a) | 88,470 | 219,102 | ||||||
|
| |||||||
| Total Italy |
| 5,936,395 | ||||||
| Japan – 20.3% |
| |||||||
ABC-Mart, Inc. | 700 | 37,810 | ||||||
ADEKA Corp. | 8,800 | 166,551 | ||||||
Advantest Corp. | 1,200 | 158,993 | ||||||
Aeon Co. Ltd. | 3,500 | 71,242 | ||||||
Aeon Mall Co. Ltd.(a) | 5,000 | 64,379 | ||||||
AGC, Inc.(a) | 3,400 | 121,453 | ||||||
Aica Kogyo Co. Ltd.(a) | 2,200 | 48,053 | ||||||
Air Water, Inc. | 3,000 | 41,378 | ||||||
Aisin Corp. | 3,700 | 113,328 | ||||||
Ajinomoto Co., Inc. | 2,900 | 114,848 | ||||||
Akita Bank Ltd. | 1,500 | 17,342 | ||||||
Alfresa Holdings Corp. | 3,600 | 53,651 | ||||||
Amada Co. Ltd. | 10,500 | 102,650 | ||||||
Aozora Bank Ltd.(a) | 4,000 | 74,017 | ||||||
See Notes to Financial Statements.
| 30 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
June 30, 2023
| Investments | Shares | Value | ||||||
Asahi Group Holdings Ltd. | 4,300 | $ | 165,830 | |||||
Asahi Kasei Corp. | 13,000 | 87,425 | ||||||
Astellas Pharma, Inc. | 16,900 | 251,275 | ||||||
Autobacs Seven Co. Ltd. | 12,500 | 132,321 | ||||||
Azbil Corp. | 1,000 | 31,349 | ||||||
Bandai Namco Holdings, Inc. | 8,500 | 195,306 | ||||||
BayCurrent Consulting, Inc. | 1,000 | 37,140 | ||||||
Bridgestone Corp. | 7,400 | 301,663 | ||||||
Brother Industries Ltd. | 2,700 | 39,220 | ||||||
Canon Marketing Japan, Inc. | 3,800 | 93,991 | ||||||
Canon, Inc.(a) | 14,800 | 388,086 | ||||||
Capcom Co. Ltd. | 1,200 | 47,283 | ||||||
Casio Computer Co. Ltd.(a) | 4,100 | 33,501 | ||||||
Central Japan Railway Co. | 600 | 74,971 | ||||||
Chiba Bank Ltd.(a) | 11,800 | 71,346 | ||||||
Chubu Electric Power Co., Inc. | 15,000 | 182,343 | ||||||
Chugai Pharmaceutical Co. Ltd.(a) | 17,700 | 500,378 | ||||||
Coca-Cola Bottlers Japan Holdings, Inc.(a) | 5,300 | 55,884 | ||||||
COMSYS Holdings Corp. | 3,300 | 64,945 | ||||||
Concordia Financial Group Ltd. | 20,600 | 80,185 | ||||||
Cosmo Energy Holdings Co. Ltd. | 2,400 | 65,258 | ||||||
Dai Nippon Printing Co. Ltd. | 2,400 | 67,715 | ||||||
Dai-ichi Life Holdings, Inc. | 12,800 | 242,477 | ||||||
Daicel Corp. | 6,100 | 54,275 | ||||||
Daifuku Co. Ltd. | 2,100 | 42,753 | ||||||
Daiichi Sankyo Co. Ltd. | 4,300 | 135,365 | ||||||
Daikin Industries Ltd. | 900 | 182,229 | ||||||
Daito Trust Construction Co. Ltd. | 1,200 | 121,092 | ||||||
Daiwa House Industry Co. Ltd. | 7,300 | 191,522 | ||||||
Daiwa Securities Group, Inc. | 26,600 | 136,244 | ||||||
Denka Co. Ltd. | 1,600 | 30,027 | ||||||
Denso Corp. | 6,400 | 427,080 | ||||||
Dentsu Group, Inc.(a) | 2,600 | 84,781 | ||||||
DIC Corp.(a) | 3,100 | 56,001 | ||||||
Disco Corp. | 1,400 | 219,006 | ||||||
Doshisha Co. Ltd. | 11,700 | 187,398 | ||||||
Earth Corp. | 3,100 | 108,527 | ||||||
East Japan Railway Co. | 1,500 | 82,890 | ||||||
Ebara Corp.(a) | 1,300 | 61,728 | ||||||
Ehime Bank Ltd. | 3,400 | 18,937 | ||||||
Eisai Co. Ltd. | 2,100 | 141,283 | ||||||
Electric Power Development Co. Ltd., Class C | 2,700 | 39,584 | ||||||
ENEOS Holdings, Inc. | 70,500 | 241,154 | ||||||
Exedy Corp.(a) | 12,400 | 207,446 | ||||||
EXEO Group, Inc. | 3,800 | 75,955 | ||||||
FANUC Corp. | 8,200 | 285,484 | ||||||
Fast Retailing Co. Ltd. | 800 | 203,245 | ||||||
FIDEA Holdings Co. Ltd. | 3,300 | 31,257 | ||||||
FUJIFILM Holdings Corp. | 2,800 | 165,460 | ||||||
Fujimi, Inc.(a) | 2,400 | 58,699 | ||||||
Fujitsu Ltd. | 1,000 | 128,654 | ||||||
Fukuoka Financial Group, Inc. | 3,200 | 65,822 | ||||||
Gunma Bank Ltd. | 12,400 | 45,333 | ||||||
Hachijuni Bank Ltd. | 16,100 | 69,553 | ||||||
Hakudo Co. Ltd.(a) | 900 | 14,571 | ||||||
Hakuhodo DY Holdings, Inc. | 4,100 | 42,891 | ||||||
Hamamatsu Photonics KK | 900 | 43,750 | ||||||
Hankyu Hanshin Holdings, Inc. | 1,800 | 59,217 | ||||||
Haseko Corp. | 4,700 | 57,655 | ||||||
Hazama Ando Corp. | 4,200 | 31,238 | ||||||
Heiwa Corp. | 8,500 | 147,200 | ||||||
Hirogin Holdings, Inc. | 15,700 | 88,637 | ||||||
Hirose Electric Co. Ltd. | 500 | 65,987 | ||||||
Hitachi Construction Machinery Co. Ltd. | 2,800 | 78,032 | ||||||
Hitachi Ltd. | 6,000 | 369,295 | ||||||
Hokkaido Gas Co. Ltd. | 10,700 | 174,120 | ||||||
Honda Motor Co. Ltd. | 21,500 | 645,736 | ||||||
Horiba Ltd.(a) | 2,300 | 130,981 | ||||||
Hoya Corp. | 1,100 | 129,951 | ||||||
Hulic Co. Ltd.(a) | 9,700 | 82,615 | ||||||
Hyakujushi Bank Ltd. | 1,300 | 16,649 | ||||||
Idemitsu Kosan Co. Ltd.(a) | 6,700 | 133,782 | ||||||
IHI Corp. | 2,900 | 78,010 | ||||||
Iida Group Holdings Co. Ltd. | 3,200 | 53,712 | ||||||
Inaba Denki Sangyo Co. Ltd. | 6,300 | 142,751 | ||||||
INFRONEER Holdings, Inc. | 9,100 | 85,312 | ||||||
Inpex Corp. | 18,800 | 207,856 | ||||||
Internet Initiative Japan, Inc. | 1,600 | 29,894 | ||||||
Isuzu Motors Ltd. | 11,800 | 142,056 | ||||||
ITOCHU Corp.(a) | 17,700 | 696,440 | ||||||
Itochu Techno-Solutions Corp. | 2,200 | 55,344 | ||||||
Itoham Yonekyu Holdings, Inc. | 30,800 | 154,282 | ||||||
Japan Exchange Group, Inc. | 4,800 | 83,291 | ||||||
Japan Metropolitan Fund Invest | 162 | 107,936 | ||||||
Japan Post Holdings Co. Ltd. | 59,400 | 425,974 | ||||||
Japan Post Insurance Co. Ltd. | 5,200 | 77,945 | ||||||
Japan Tobacco, Inc.(a) | 40,000 | 872,591 | ||||||
K’s Holdings Corp. | 5,700 | 49,513 | ||||||
Kajima Corp. | 9,500 | 142,630 | ||||||
Kaken Pharmaceutical Co. Ltd.(a) | 4,100 | 102,177 | ||||||
Kamigumi Co. Ltd. | 2,700 | 60,899 | ||||||
Kansai Electric Power Co., Inc. | 14,100 | 176,134 | ||||||
Kao Corp.(a) | 3,900 | 140,690 | ||||||
Kawasaki Kisen Kaisha Ltd.(a) | 10,200 | 248,340 | ||||||
KDDI Corp. | 32,900 | 1,012,938 | ||||||
Keyence Corp. | 330 | 154,914 | ||||||
Ki-Star Real Estate Co. Ltd. | 600 | 20,507 | ||||||
Kikkoman Corp. | 800 | 45,343 | ||||||
Kirin Holdings Co. Ltd.(a) | 9,300 | 135,220 | ||||||
Kobayashi Pharmaceutical Co. Ltd. | 500 | 27,056 | ||||||
Kobe Steel Ltd. | 12,200 | 111,462 | ||||||
Koei Tecmo Holdings Co. Ltd.(a) | 3,000 | 51,590 | ||||||
Kokuyo Co. Ltd.(a) | 11,900 | 162,649 | ||||||
Komatsu Ltd. | 13,100 | 351,756 | ||||||
Konami Group Corp. | 1,200 | 62,443 | ||||||
Kuraray Co. Ltd.(a) | 6,800 | 65,796 | ||||||
Kurita Water Industries Ltd.(a) | 1,000 | 38,012 | ||||||
Kyowa Kirin Co. Ltd.(a) | 4,500 | 82,942 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 31 |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
June 30, 2023
| Investments | Shares | Value | ||||||
Kyushu Railway Co. | 2,200 | $ | 47,140 | |||||
LIKE, Inc. | 2,100 | 24,453 | ||||||
Lintec Corp. | 2,900 | 45,566 | ||||||
M3, Inc. | 1,100 | 23,661 | ||||||
Macnica Holdings, Inc. | 3,000 | 123,292 | ||||||
Marubeni Corp. | 44,400 | 749,549 | ||||||
Marui Group Co. Ltd. | 2,600 | 45,116 | ||||||
Maruichi Steel Tube Ltd. | 2,500 | 56,993 | ||||||
Matsui Securities Co. Ltd. | 100 | 549 | ||||||
Mazda Motor Corp. | 10,400 | 100,269 | ||||||
Mebuki Financial Group, Inc. | 25,200 | 59,559 | ||||||
Medipal Holdings Corp. | 3,100 | 50,424 | ||||||
Meitec Corp. | 1,900 | 32,522 | ||||||
MISUMI Group, Inc. | 1,200 | 23,820 | ||||||
Mitsubishi Chemical Group Corp. | 25,800 | 154,084 | ||||||
Mitsubishi Corp. | 28,600 | 1,371,280 | ||||||
Mitsubishi Electric Corp. | 18,700 | 262,254 | ||||||
Mitsubishi Estate Co. Ltd. | 9,500 | 112,395 | ||||||
Mitsubishi Gas Chemical Co., Inc. | 3,200 | 46,284 | ||||||
Mitsubishi Heavy Industries Ltd.(a) | 2,600 | 120,722 | ||||||
Mitsubishi Logistics Corp. | 2,300 | 56,476 | ||||||
Mitsubishi UFJ Financial Group, Inc. | 189,000 | 1,392,638 | ||||||
Mitsuboshi Belting Ltd. | 1,400 | 42,668 | ||||||
Mitsui & Co. Ltd. | 30,300 | 1,134,350 | ||||||
Mitsui Chemicals, Inc. | 2,300 | 67,297 | ||||||
Mitsui Fudosan Co. Ltd. | 5,900 | 116,767 | ||||||
Mitsui OSK Lines Ltd.(a) | 18,000 | 430,401 | ||||||
MIXI, Inc. | 2,400 | 44,418 | ||||||
Miyazaki Bank Ltd. | 1,100 | 17,725 | ||||||
Mizuho Financial Group, Inc. | 41,450 | 630,633 | ||||||
Mizuho Medy Co. Ltd.(a) | 2,000 | 29,280 | ||||||
MS&AD Insurance Group Holdings, Inc. | 9,300 | 327,898 | ||||||
Murata Manufacturing Co. Ltd. | 3,900 | 222,233 | ||||||
NEC Corp. | 1,100 | 53,008 | ||||||
NGK Insulators Ltd. | 4,400 | 52,178 | ||||||
NH Foods Ltd. | 3,500 | 94,465 | ||||||
NHK Spring Co. Ltd. | 7,200 | 52,231 | ||||||
Nichias Corp. | 3,600 | 74,473 | ||||||
Nihon Parkerizing Co. Ltd. | 20,400 | 150,881 | ||||||
Nikon Corp. | 3,600 | 46,266 | ||||||
Nintendo Co. Ltd. | 14,200 | 642,726 | ||||||
Nippn Corp. | 13,100 | 167,041 | ||||||
Nippon Carbon Co. Ltd. | 2,400 | 72,149 | ||||||
Nippon Electric Glass Co. Ltd.(a) | 2,300 | 40,268 | ||||||
Nippon Express Holdings, Inc.(a) | 1,200 | 67,283 | ||||||
Nippon Gas Co. Ltd. | 2,800 | 39,161 | ||||||
Nippon Kayaku Co. Ltd. | 5,200 | 44,180 | ||||||
Nippon Sanso Holdings Corp. | 2,800 | 60,287 | ||||||
Nippon Shinyaku Co. Ltd. | 500 | 20,320 | ||||||
Nippon Shokubai Co. Ltd. | 1,100 | 40,869 | ||||||
Nippon Steel Corp. | 26,600 | 552,852 | ||||||
Nippon Telegraph & Telephone Corp. | 1,277,500 | 1,506,997 | ||||||
Nippon Yusen KK(a) | 25,800 | 569,426 | ||||||
Nishimatsu Construction Co. Ltd.(a) | 1,400 | 33,902 | ||||||
Nissan Chemical Corp. | 1,100 | 46,950 | ||||||
Nissan Motor Co. Ltd. | 19,800 | 80,578 | ||||||
Nisshin Seifun Group, Inc. | 3,900 | 48,016 | ||||||
Nisshinbo Holdings, Inc.(a) | 3,300 | 27,170 | ||||||
Nissin Foods Holdings Co. Ltd. | 800 | 65,922 | ||||||
Niterra Co. Ltd. | 5,000 | 99,734 | ||||||
Nitta Corp. | 5,700 | 120,282 | ||||||
Nitto Denko Corp. | 2,100 | 154,447 | ||||||
Noevir Holdings Co. Ltd. | 3,000 | 113,537 | ||||||
NOF Corp.(a) | 900 | 38,376 | ||||||
NOK Corp. | 4,800 | 69,724 | ||||||
Nomura Holdings, Inc. | 48,300 | 182,861 | ||||||
Nomura Real Estate Holdings, Inc. | 3,300 | 77,948 | ||||||
Nomura Research Institute Ltd. | 2,300 | 63,032 | ||||||
NSD Co. Ltd. | 8,100 | 161,681 | ||||||
NSK Ltd. | 11,800 | 74,898 | ||||||
NTT Data Corp. | 4,300 | 59,709 | ||||||
Obayashi Corp. | 14,100 | 121,357 | ||||||
Obic Co. Ltd. | 800 | 127,526 | ||||||
Oji Holdings Corp. | 12,100 | 45,006 | ||||||
Okinawa Cellular Telephone Co. | 5,400 | 112,084 | ||||||
Okumura Corp. | 1,200 | 33,791 | ||||||
Olympus Corp. | 2,700 | 42,330 | ||||||
Ono Pharmaceutical Co. Ltd. | 5,800 | 104,575 | ||||||
Open House Group Co. Ltd. | 1,300 | 46,474 | ||||||
Oracle Corp. | 900 | 66,565 | ||||||
Osaka Gas Co. Ltd. | 2,900 | 44,292 | ||||||
Otsuka Corp. | 1,400 | 54,117 | ||||||
Otsuka Holdings Co. Ltd.(a) | 3,500 | 127,640 | ||||||
Panasonic Holdings Corp. | 23,100 | 280,249 | ||||||
Persol Holdings Co. Ltd. | 1,600 | 28,660 | ||||||
Pola Orbis Holdings, Inc.(a) | 2,700 | 39,136 | ||||||
Prima Meat Packers Ltd. | 10,600 | 159,145 | ||||||
Recruit Holdings Co. Ltd. | 3,100 | 97,868 | ||||||
Resona Holdings, Inc. | 29,800 | 142,325 | ||||||
Resonac Holdings Corp. | 2,200 | 35,405 | ||||||
Ricoh Co. Ltd. | 6,000 | 50,749 | ||||||
Rohm Co. Ltd. | 700 | 65,479 | ||||||
Ryohin Keikaku Co. Ltd. | 3,800 | 37,399 | ||||||
Sangetsu Corp. | 4,800 | 82,460 | ||||||
Sanki Engineering Co. Ltd. | 13,300 | 139,225 | ||||||
Sanshin Electronics Co. Ltd.(a) | 1,200 | 17,792 | ||||||
Santen Pharmaceutical Co. Ltd. | 10,300 | 87,333 | ||||||
Sanwa Holdings Corp. | 5,200 | 67,116 | ||||||
SBI Holdings, Inc.(a) | 9,800 | 187,714 | ||||||
SCREEN Holdings Co. Ltd. | 700 | 78,652 | ||||||
Scroll Corp. | 7,000 | 46,833 | ||||||
SCSK Corp. | 2,600 | 40,646 | ||||||
Secom Co. Ltd. | 1,500 | 101,072 | ||||||
Sega Sammy Holdings, Inc. | 3,200 | 68,014 | ||||||
Seiko Epson Corp. | 4,500 | 69,710 | ||||||
Sekisui Chemical Co. Ltd. | 4,300 | 61,643 | ||||||
Sekisui House Ltd. | 9,900 | 199,014 | ||||||
Senshu Ikeda Holdings, Inc.(a) | 25,300 | 40,785 | ||||||
See Notes to Financial Statements.
| 32 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
June 30, 2023
| Investments | Shares | Value | ||||||
Seven & I Holdings Co. Ltd. | 5,300 | $ | 227,533 | |||||
Seven Bank Ltd. | 20,900 | 40,937 | ||||||
SG Holdings Co. Ltd. | 5,700 | 80,747 | ||||||
Shimadzu Corp. | 1,200 | 36,763 | ||||||
Shimamura Co. Ltd. | 500 | 47,117 | ||||||
Shimano, Inc. | 400 | 66,309 | ||||||
Shin-Etsu Chemical Co. Ltd. | 22,800 | 752,139 | ||||||
Shinko Electric Industries Co. Ltd.(a) | 1,000 | 40,488 | ||||||
Shinnihon Corp. | 9,700 | 85,098 | ||||||
Shionogi & Co. Ltd. | 1,800 | 75,594 | ||||||
Shiseido Co. Ltd. | 1,600 | 71,877 | ||||||
SKY Perfect JSAT Holdings, Inc. | 9,900 | 39,111 | ||||||
SMC Corp. | 300 | 164,970 | ||||||
SoftBank Corp. | 135,300 | 1,441,602 | ||||||
Sojitz Corp. | 6,180 | 135,842 | ||||||
Sompo Holdings, Inc. | 6,200 | 277,066 | ||||||
Square Enix Holdings Co. Ltd. | 1,600 | 74,036 | ||||||
Stanley Electric Co. Ltd.(a) | 1,600 | 32,114 | ||||||
Subaru Corp. | 7,400 | 138,390 | ||||||
SUMCO Corp. | 3,700 | 51,915 | ||||||
Sumitomo Bakelite Co. Ltd. | 900 | 37,156 | ||||||
Sumitomo Chemical Co. Ltd. | 27,000 | 81,541 | ||||||
Sumitomo Corp. | 35,000 | 736,396 | ||||||
Sumitomo Electric Industries Ltd. | 9,000 | 109,406 | ||||||
Sumitomo Forestry Co. Ltd.(a) | 5,300 | 127,719 | ||||||
Sumitomo Heavy Industries Ltd.(a) | 2,300 | 54,709 | ||||||
Sumitomo Metal Mining Co. Ltd. | 6,600 | 211,469 | ||||||
Sumitomo Mitsui Financial Group, Inc. | 23,300 | 992,872 | ||||||
Sumitomo Mitsui Trust Holdings, Inc. | 5,100 | 180,415 | ||||||
Sumitomo Pharma Co. Ltd. | 8,000 | 35,369 | ||||||
Sumitomo Realty & Development Co. Ltd. | 1,900 | 46,706 | ||||||
Sumitomo Rubber Industries Ltd. | 3,000 | 28,934 | ||||||
Suncall Corp. | 2,400 | 8,734 | ||||||
Sundrug Co. Ltd. | 3,600 | 106,305 | ||||||
Suntory Beverage & Food Ltd.(a) | 1,600 | 57,697 | ||||||
Suzuki Motor Corp. | 3,000 | 107,953 | ||||||
T&D Holdings, Inc. | 10,100 | 147,131 | ||||||
Taiheiyo Cement Corp. | 1,800 | 35,362 | ||||||
Taisei Corp. | 2,400 | 83,374 | ||||||
Taiyo Yuden Co. Ltd. | 1,300 | 36,760 | ||||||
Takara Holdings, Inc. | 15,900 | 128,544 | ||||||
Takeda Pharmaceutical Co. Ltd. | 24,800 | 776,764 | ||||||
Tama Home Co. Ltd. | 900 | 20,580 | ||||||
TDK Corp. | 3,400 | 130,957 | ||||||
Teijin Ltd. | 3,200 | 31,915 | ||||||
Terumo Corp. | 2,500 | 78,908 | ||||||
THK Co. Ltd.(a) | 2,000 | 40,751 | ||||||
TIS, Inc. | 2,000 | 49,690 | ||||||
Toagosei Co. Ltd.(a) | 7,400 | 65,944 | ||||||
Toho Co. Ltd. | 800 | 30,282 | ||||||
Toho Gas Co. Ltd. | 1,500 | 25,867 | ||||||
TOKAI Holdings Corp. | 3,900 | 24,312 | ||||||
Tokai Tokyo Financial Holdings, Inc. | 58,500 | 154,613 | ||||||
Tokio Marine Holdings, Inc. | 36,200 | 830,269 | ||||||
Tokyo Electron Device Ltd. | 800 | 58,283 | ||||||
Tokyo Electron Ltd. | 6,300 | 896,170 | ||||||
Tokyo Gas Co. Ltd. | 5,600 | 121,775 | ||||||
Tokyo Ohka Kogyo Co. Ltd. | 700 | 42,479 | ||||||
Tokyo Seimitsu Co. Ltd. | 1,300 | 71,325 | ||||||
Tokyo Tatemono Co. Ltd.(a) | 4,100 | 52,493 | ||||||
Tokyu Fudosan Holdings Corp. | 12,400 | 70,624 | ||||||
Toray Industries, Inc. | 14,000 | 77,529 | ||||||
Tosoh Corp. | 10,900 | 128,129 | ||||||
TOTO Ltd. | 1,200 | 35,908 | ||||||
Toyo Seikan Group Holdings Ltd. | 6,400 | 93,741 | ||||||
Toyo Tire Corp.(a) | 4,000 | 52,707 | ||||||
Toyota Motor Corp. | 146,870 | 2,345,794 | ||||||
Toyota Tsusho Corp. | 3,900 | 192,632 | ||||||
Transcosmos, Inc.(a) | 2,000 | 49,331 | ||||||
Trend Micro, Inc. | 1,800 | 86,491 | ||||||
Tsubakimoto Chain Co. | 5,400 | 136,929 | ||||||
UBE Corp. | 2,800 | 47,860 | ||||||
Unicharm Corp. | 2,000 | 73,906 | ||||||
USS Co. Ltd. | 4,300 | 70,747 | ||||||
V Technology Co. Ltd.(a) | 800 | 13,395 | ||||||
West Japan Railway Co. | 1,500 | 62,165 | ||||||
Yakult Honsha Co. Ltd. | 1,000 | 62,995 | ||||||
YAMABIKO Corp.(a) | 2,400 | 25,854 | ||||||
Yamada Holdings Co. Ltd.(a) | 14,900 | 43,751 | ||||||
Yamaha Motor Co. Ltd.(a) | 5,600 | 159,707 | ||||||
Yamanashi Chuo Bank Ltd.(a) | 3,400 | 29,193 | ||||||
Yamato Holdings Co. Ltd. | 3,400 | 61,232 | ||||||
Yaskawa Electric Corp. | 1,900 | 86,538 | ||||||
Yokogawa Electric Corp. | 1,700 | 31,175 | ||||||
Yokohama Rubber Co. Ltd.(a) | 2,300 | 50,126 | ||||||
Yokorei Co. Ltd. | 14,100 | 114,138 | ||||||
ZOZO, Inc. | 2,400 | 49,333 | ||||||
|
| |||||||
| Total Japan |
| 49,031,315 | ||||||
| Netherlands – 2.0% |
| |||||||
Aalberts NV(a) | 1,906 | 80,121 | ||||||
Aegon NV | 31,550 | 159,369 | ||||||
Arcadis NV | 953 | 39,801 | ||||||
ASM International NV | 201 | 85,162 | ||||||
ASML Holding NV | 1,279 | 925,143 | ||||||
ASR Nederland NV | 3,910 | 175,922 | ||||||
BE Semiconductor Industries NV(a) | 1,685 | 182,547 | ||||||
CTP NV(b) | 6,063 | 78,715 | ||||||
Euronext NV(b) | 867 | 58,929 | ||||||
Ferrovial SE | 5,848 | 184,834 | ||||||
Heineken Holding NV | 1,701 | 147,814 | ||||||
Heineken NV | 4,070 | 418,194 | ||||||
IMCD NV | 253 | 36,352 | ||||||
JDE Peet’s NV | 4,089 | 121,610 | ||||||
Koninklijke Ahold Delhaize NV | 10,449 | 356,360 | ||||||
Koninklijke KPN NV | 90,194 | 321,675 | ||||||
Koninklijke Vopak NV | 2,956 | 105,425 | ||||||
NN Group NV(a) | 5,656 | 209,248 | ||||||
OCI NV* | 10,625 | 254,674 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 33 |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
June 30, 2023
| Investments | Shares | Value | ||||||
Ordina NV | 2,820 | $ | 17,444 | |||||
Randstad NV | 5,458 | 287,671 | ||||||
SBM Offshore NV | 3,894 | 53,359 | ||||||
Signify NV(b) | 2,832 | 79,313 | ||||||
Universal Music Group NV(a) | 11,444 | 254,078 | ||||||
Wolters Kluwer NV | 1,694 | 214,940 | ||||||
|
| |||||||
| Total Netherlands |
| 4,848,700 | ||||||
| Norway – 1.8% |
| |||||||
ABG Sundal Collier Holding ASA | 20,939 | 10,183 | ||||||
AF Gruppen ASA | 5,500 | 68,278 | ||||||
Aker ASA, Class A | 1,073 | 60,943 | ||||||
Aker BP ASA | 11,948 | 280,813 | ||||||
Bouvet ASA | 7,287 | 44,143 | ||||||
DNB Bank ASA | 35,841 | 671,420 | ||||||
DNO ASA(a) | 51,128 | 45,122 | ||||||
Entra ASA(b) | 5,839 | 53,030 | ||||||
Equinor ASA | 33,281 | 969,520 | ||||||
Europris ASA(b) | 5,716 | 38,201 | ||||||
Gjensidige Forsikring ASA | 8,420 | 135,021 | ||||||
Kid ASA(b) | 3,362 | 23,661 | ||||||
Kongsberg Gruppen ASA | 1,989 | 90,636 | ||||||
Leroy Seafood Group ASA | 10,807 | 41,075 | ||||||
Mowi ASA | 6,691 | 106,296 | ||||||
MPC Container Ships ASA | 29,378 | 50,208 | ||||||
Norsk Hydro ASA | 36,433 | 216,961 | ||||||
Orkla ASA | 11,971 | 86,149 | ||||||
Salmar ASA | 2,552 | 103,118 | ||||||
SpareBank 1 SMN | 7,914 | 104,155 | ||||||
SpareBank 1 SR-Bank ASA | 9,029 | 109,644 | ||||||
Storebrand ASA | 5,636 | 44,010 | ||||||
Telenor ASA | 67,081 | 681,232 | ||||||
TGS ASA | 2,318 | 34,553 | ||||||
Wallenius Wilhelmsen ASA | 5,799 | 40,244 | ||||||
Yara International ASA | 4,926 | 174,261 | ||||||
|
| |||||||
| Total Norway |
| 4,282,877 | ||||||
| Portugal – 0.4% |
| |||||||
EDP – Energias de Portugal SA | 52,887 | 258,264 | ||||||
Galp Energia SGPS SA | 13,946 | 163,106 | ||||||
Jeronimo Martins SGPS SA | 9,631 | 265,207 | ||||||
Navigator Co. SA | 19,499 | 66,033 | ||||||
NOS SGPS SA | 18,689 | 66,389 | ||||||
REN – Redes Energeticas Nacionais SGPS SA | 17,544 | 47,756 | ||||||
Sonae SGPS SA | 76,638 | 75,334 | ||||||
|
| |||||||
| Total Portugal |
| 942,089 | ||||||
| Singapore – 2.7% |
| |||||||
BOC Aviation Ltd.(b) | 10,500 | 84,881 | ||||||
CapitaLand Ascendas REIT | 109,900 | 220,880 | ||||||
CapitaLand Ascott Trust | 94,482 | 75,398 | ||||||
CapitaLand Integrated Commercial Trust | 172,100 | 242,887 | ||||||
CapitaLand Investment Ltd. | 93,200 | 227,947 | ||||||
City Developments Ltd. | 15,700 | 77,958 | ||||||
ComfortDelGro Corp. Ltd. | 31,900 | 27,343 | ||||||
DBS Group Holdings Ltd. | 49,263 | 1,146,989 | ||||||
Frasers Centrepoint Trust | 33,800 | 54,695 | ||||||
Frasers Logistics & Commercial Trust | 147,600 | 136,328 | ||||||
Genting Singapore Ltd. | 112,800 | 78,348 | ||||||
Hour Glass Ltd. | 22,100 | 32,660 | ||||||
Jardine Cycle & Carriage Ltd. | 8,400 | 215,997 | ||||||
Kenon Holdings Ltd. | 2,091 | 48,740 | ||||||
Keppel Corp. Ltd. | 34,600 | 171,549 | ||||||
Keppel DC REIT | 50,900 | 81,238 | ||||||
Keppel Infrastructure Trust | 139,635 | 52,620 | ||||||
Keppel REIT | 123,200 | 81,930 | ||||||
Mapletree Industrial Trust | 79,100 | 129,169 | ||||||
Mapletree Logistics Trust | 88,100 | 105,458 | ||||||
Mapletree Pan Asia Commercial Trust | 95,600 | 114,436 | ||||||
NetLink NBN Trust | 97,000 | 61,281 | ||||||
Olam Group Ltd. | 99,000 | 101,681 | ||||||
OUE Commercial Real Estate Investment Trust | 217,300 | 52,986 | ||||||
Oversea-Chinese Banking Corp. Ltd. | 94,301 | 855,667 | ||||||
PARAGON REIT | 131,300 | 92,653 | ||||||
Parkway Life Real Estate Investment Trust | 12,600 | 36,310 | ||||||
Propnex Ltd. | 63,600 | 47,464 | ||||||
Sembcorp Industries Ltd. | 32,700 | 138,933 | ||||||
Sheng Siong Group Ltd. | 31,400 | 38,051 | ||||||
Singapore Exchange Ltd. | 17,200 | 122,135 | ||||||
Singapore Technologies Engineering Ltd. | 44,700 | 121,547 | ||||||
Singapore Telecommunications Ltd. | 291,100 | 537,740 | ||||||
StarHub Ltd. | 80,100 | 61,554 | ||||||
Suntec Real Estate Investment Trust | 91,400 | 87,122 | ||||||
United Overseas Bank Ltd. | 34,228 | 708,157 | ||||||
UOL Group Ltd. | 11,300 | 53,605 | ||||||
Venture Corp. Ltd. | 5,600 | 60,868 | ||||||
|
| |||||||
| Total Singapore |
| 6,585,205 | ||||||
| Spain – 4.0% |
| |||||||
Acciona SA(a) | 635 | 107,659 | ||||||
Acerinox SA | 7,940 | 84,234 | ||||||
ACS Actividades de Construccion y Servicios SA(a) | 11,106 | 389,793 | ||||||
Atresmedia Corp. de Medios de Comunicacion SA(a) | 22,457 | 85,556 | ||||||
Banco Bilbao Vizcaya Argentaria SA | 111,809 | 857,789 | ||||||
Banco de Sabadell SA | 77,150 | 88,716 | ||||||
Banco Santander SA | 212,288 | 783,987 | ||||||
Bankinter SA(a) | 17,892 | 109,898 | ||||||
CaixaBank SA | 103,540 | 427,788 | ||||||
Cia de Distribucion Integral Logista Holdings SA | 5,335 | 143,650 | ||||||
Cie Automotive SA(a) | 1,378 | 42,095 | ||||||
Corp. ACCIONA Energias Renovables SA(a) | 1,094 | 36,547 | ||||||
EDP Renovaveis SA | 1,918 | 38,283 | ||||||
Enagas SA(a) | 9,382 | 184,244 | ||||||
Endesa SA(a) | 45,581 | 977,173 | ||||||
Fluidra SA(a) | 4,376 | 85,124 | ||||||
Fomento de Construcciones y Contratas SA*(a) | 7,441 | 95,956 | ||||||
Grupo Catalana Occidente SA | 2,104 | 64,617 | ||||||
Iberdrola SA | 85,831 | 1,119,018 | ||||||
Industria de Diseno Textil SA | 37,762 | 1,460,894 | ||||||
See Notes to Financial Statements.
| 34 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
June 30, 2023
| Investments | Shares | Value | ||||||
Linea Directa Aseguradora SA Cia de Seguros y Reaseguros(a) | 39,211 | $ | 35,293 | |||||
Mapfre SA(a) | 84,313 | 167,322 | ||||||
Merlin Properties Socimi SA | 24,899 | 212,972 | ||||||
Naturgy Energy Group SA(a) | 21,100 | 627,528 | ||||||
Neinor Homes SA*(b) | 2,546 | 25,638 | ||||||
Prosegur Cash SA(a)(b) | 38,741 | 25,106 | ||||||
Prosegur Cia de Seguridad SA | 18,021 | 32,008 | ||||||
Redeia Corp. SA(a) | 8,302 | 139,349 | ||||||
Repsol SA | 24,114 | 350,691 | ||||||
Sacyr SA(a) | 19,191 | 65,492 | ||||||
Telefonica SA | 162,303 | 658,002 | ||||||
Viscofan SA | 740 | 51,105 | ||||||
|
| |||||||
| Total Spain |
| 9,573,527 | ||||||
| Sweden – 2.4% |
| |||||||
AAK AB | 1,979 | 37,157 | ||||||
AFRY AB | 6,177 | 91,043 | ||||||
Alfa Laval AB | 2,864 | 104,205 | ||||||
Assa Abloy AB, Class B | 5,371 | 128,789 | ||||||
Atlas Copco AB, Class A | 18,623 | 267,932 | ||||||
Atlas Copco AB, Class B | 7,743 | 96,238 | ||||||
Atrium Ljungberg AB, Class B | 2,284 | 39,458 | ||||||
Avanza Bank Holding AB(a) | 2,791 | 56,718 | ||||||
Axfood AB | 2,968 | 62,705 | ||||||
Billerud AB | 3,944 | 29,927 | ||||||
Boliden AB* | 3,973 | 114,596 | ||||||
Clas Ohlson AB, Class B(a) | 3,097 | 23,196 | ||||||
Dios Fastigheter AB | 4,338 | 27,651 | ||||||
Dometic Group AB(b) | 7,226 | 47,499 | ||||||
Elekta AB, Class B(a) | 5,669 | 43,741 | ||||||
Epiroc AB, Class A | 6,095 | 115,057 | ||||||
EQT AB | 3,808 | 73,119 | ||||||
Essity AB, Class B | 6,610 | 175,695 | ||||||
Evolution AB(b) | 1,115 | 140,989 | ||||||
FastPartner AB, Class A | 4,796 | 17,983 | ||||||
Hexagon AB, Class B | 9,215 | 113,254 | ||||||
Hexpol AB | 6,158 | 65,164 | ||||||
Holmen AB, Class B | 950 | 34,073 | ||||||
Hufvudstaden AB, Class A(a) | 2,744 | 32,543 | ||||||
Husqvarna AB, Class B(a) | 12,366 | 111,784 | ||||||
Industrivarden AB, Class A | 3,183 | 88,052 | ||||||
Industrivarden AB, Class C(a) | 1,801 | 49,555 | ||||||
Indutrade AB | 2,414 | 54,286 | ||||||
Investment AB Latour, Class B | 2,828 | 55,977 | ||||||
JM AB | 1,795 | 23,881 | ||||||
L E Lundbergforetagen AB, Class B | 507 | 21,536 | ||||||
Lifco AB, Class B | 5,873 | 127,396 | ||||||
Loomis AB | 1,284 | 37,398 | ||||||
Nordic Paper Holding AB | 7,768 | 22,366 | ||||||
Nordnet AB publ | 4,757 | 63,551 | ||||||
Saab AB, Class B | 650 | 35,096 | ||||||
Sandvik AB | 9,054 | 176,196 | ||||||
Securitas AB, Class B | 5,925 | 48,524 | ||||||
Skandinaviska Enskilda Banken AB, Class A | 27,436 | 302,649 | ||||||
Skandinaviska Enskilda Banken AB, Class C(a) | 3,555 | 41,470 | ||||||
SKF AB, Class B | 5,415 | 94,049 | ||||||
SSAB AB, Class A | 13,092 | 92,869 | ||||||
SSAB AB, Class B | 34,909 | 241,425 | ||||||
Svenska Cellulosa AB SCA, Class B | 3,936 | 50,087 | ||||||
Svenska Handelsbanken AB, Class A | 27,862 | 233,032 | ||||||
Sweco AB, Class B | 4,583 | 50,365 | ||||||
Swedbank AB, Class A | 29,422 | 495,347 | ||||||
Tele2 AB, Class B | 15,916 | 131,321 | ||||||
Telefonaktiebolaget LM Ericsson, Class B | 45,411 | 245,568 | ||||||
Telia Co. AB | 128,165 | 280,624 | ||||||
Thule Group AB(a)(b) | 4,135 | 121,394 | ||||||
Trelleborg AB, Class B(a) | 2,275 | 55,057 | ||||||
Volvo AB, Class A | 5,007 | 106,432 | ||||||
Volvo AB, Class B | 15,160 | 312,988 | ||||||
Wihlborgs Fastigheter AB | 8,240 | 59,504 | ||||||
|
| |||||||
| Total Sweden |
| 5,768,511 | ||||||
| Switzerland – 9.4% |
| |||||||
ABB Ltd., Registered Shares | 17,925 | 704,858 | ||||||
Alcon, Inc. | 892 | 73,881 | ||||||
Allreal Holding AG, Registered Shares | 275 | 46,476 | ||||||
Baloise Holding AG, Registered Shares | 1,447 | 212,525 | ||||||
Banque Cantonale Vaudoise, Registered Shares(a) | 1,734 | 183,159 | ||||||
BKW AG | 399 | 70,466 | ||||||
Cembra Money Bank AG | 552 | 45,781 | ||||||
Cie Financiere Richemont SA, Class A, Registered Shares | 3,690 | 625,483 | ||||||
Clariant AG, Registered Shares* | 2,603 | 37,591 | ||||||
Coca-Cola HBC AG* | 3,506 | 104,525 | ||||||
DKSH Holding AG | 909 | 67,617 | ||||||
DSM-Firmenich AG* | 1,123 | 120,829 | ||||||
EFG International AG* | 6,908 | 70,111 | ||||||
Galenica AG(b) | 739 | 59,680 | ||||||
Geberit AG, Registered Shares | 319 | 166,908 | ||||||
Georg Fischer AG, Registered Shares | 723 | 54,266 | ||||||
Givaudan SA, Registered Shares | 60 | 198,849 | ||||||
Helvetia Holding AG, Registered Shares | 1,593 | 215,451 | ||||||
Holcim AG, Registered Shares* | 9,626 | 647,723 | ||||||
Julius Baer Group Ltd. | 4,060 | 255,676 | ||||||
Kuehne & Nagel International AG, Registered Shares | 1,710 | 505,938 | ||||||
Logitech International SA, Registered Shares | 954 | 56,772 | ||||||
Lonza Group AG, Registered Shares | 139 | 82,873 | ||||||
Mobilezone Holding AG, Registered Shares | 2,651 | 40,655 | ||||||
Nestle SA, Registered Shares | 32,996 | 3,968,445 | ||||||
Novartis AG, Registered Shares | 45,166 | 4,543,609 | ||||||
OC Oerlikon Corp. AG, Registered Shares | 8,464 | 42,157 | ||||||
Partners Group Holding AG | 295 | 277,507 | ||||||
PSP Swiss Property AG, Registered Shares | 676 | 75,485 | ||||||
Roche Holding AG | 9,184 | 2,807,605 | ||||||
Roche Holding AG, Bearer Shares | 1,257 | 412,513 | ||||||
Schindler Holding AG, Participation Certificate | 658 | 154,231 | ||||||
Schindler Holding AG, Registered Shares | 284 | 63,806 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 35 |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
June 30, 2023
| Investments | Shares | Value | ||||||
SFS Group AG | 480 | $ | 63,202 | |||||
SGS SA, Registered Shares | 3,258 | 307,938 | ||||||
SIG Group AG* | 3,239 | 89,352 | ||||||
Sika AG, Registered Shares | 610 | 174,344 | ||||||
Sonova Holding AG, Registered Shares | 363 | 96,649 | ||||||
Stadler Rail AG | 1,062 | 41,499 | ||||||
STMicroelectronics NV | 2,936 | 145,953 | ||||||
Straumann Holding AG, Registered Shares | 586 | 95,074 | ||||||
Sulzer AG, Registered Shares | 933 | 80,196 | ||||||
Swatch Group AG, Bearer Shares | 228 | 66,541 | ||||||
Swatch Group AG, Registered Shares | 1,032 | 56,696 | ||||||
Swiss Life Holding AG, Registered Shares | 497 | 290,539 | ||||||
Swiss Prime Site AG, Registered Shares | 1,046 | 90,786 | ||||||
Swiss Re AG | 7,634 | 768,306 | ||||||
Swisscom AG, Registered Shares | 1,172 | 730,723 | ||||||
Temenos AG, Registered Shares | 504 | 40,077 | ||||||
UBS Group AG, Registered Shares | 33,194 | 671,375 | ||||||
VAT Group AG(b) | 314 | 129,861 | ||||||
Vontobel Holding AG, Registered Shares(a) | 1,302 | 82,517 | ||||||
Zurich Insurance Group AG | 3,452 | 1,639,473 | ||||||
|
| |||||||
| Total Switzerland |
| 22,654,552 | ||||||
| United Kingdom – 12.6% |
| |||||||
Airtel Africa PLC(b) | 61,452 | 84,221 | ||||||
Anglo American PLC | 34,036 | 966,257 | ||||||
Ashtead Group PLC | 2,419 | 167,425 | ||||||
Associated British Foods PLC | 7,574 | 191,718 | ||||||
Assura PLC | 60,024 | 34,645 | ||||||
AstraZeneca PLC | 12,486 | 1,789,962 | ||||||
Auto Trader Group PLC(b) | 4,771 | 37,025 | ||||||
Aviva PLC | 58,231 | 292,575 | ||||||
BAE Systems PLC | 30,484 | 359,267 | ||||||
Balfour Beatty PLC | 13,303 | 57,639 | ||||||
Barclays PLC | 212,171 | 413,733 | ||||||
Beazley PLC | 6,741 | 50,478 | ||||||
Bodycote PLC | 15,922 | 129,754 | ||||||
BP PLC | 269,557 | 1,570,772 | ||||||
Bridgepoint Group PLC(b)(c) | 13,928 | 35,875 | ||||||
British American Tobacco PLC | 48,931 | 1,622,397 | ||||||
British Land Co. PLC | 17,304 | 66,614 | ||||||
Britvic PLC | 7,992 | 86,975 | ||||||
BT Group PLC(a) | 192,620 | 299,620 | ||||||
Bunzl PLC | 3,079 | 117,396 | ||||||
Burberry Group PLC | 4,225 | 113,875 | ||||||
Close Brothers Group PLC | 4,431 | 49,658 | ||||||
CNH Industrial NV | 8,278 | 119,258 | ||||||
Compass Group PLC | 8,047 | 225,277 | ||||||
ConvaTec Group PLC(b) | 18,700 | 48,785 | ||||||
Cranswick PLC | 1,469 | 60,623 | ||||||
Croda International PLC | 778 | 55,647 | ||||||
DCC PLC | 880 | 49,204 | ||||||
Derwent London PLC | 2,854 | 74,383 | ||||||
Diageo PLC | 21,674 | 931,092 | ||||||
Diploma PLC | 1,178 | 44,690 | ||||||
Diversified Energy Co. PLC | 42,743 | 48,038 | ||||||
Drax Group PLC | 8,159 | 60,163 | ||||||
DS Smith PLC | 25,642 | 88,607 | ||||||
Dunelm Group PLC | 4,774 | 68,038 | ||||||
FDM Group Holdings PLC | 3,018 | 21,525 | ||||||
Fresnillo PLC | 7,688 | 59,642 | ||||||
Games Workshop Group PLC | 817 | 113,425 | ||||||
Grainger PLC | 9,007 | 26,017 | ||||||
Greggs PLC | 1,737 | 56,401 | ||||||
H&T Group PLC | 3,431 | 18,975 | ||||||
Halma PLC | 1,427 | 41,310 | ||||||
Harbour Energy PLC | 15,947 | 46,347 | ||||||
Hargreaves Lansdown PLC | 6,810 | 70,614 | ||||||
Howden Joinery Group PLC | 16,906 | 138,074 | ||||||
HSBC Holdings PLC | 494,894 | 3,911,636 | ||||||
Hunting PLC | 4,855 | 12,308 | ||||||
IMI PLC | 3,113 | 64,907 | ||||||
Imperial Brands PLC | 30,997 | 685,109 | ||||||
Inchcape PLC | 6,405 | 63,312 | ||||||
InterContinental Hotels Group PLC | 2,168 | 149,777 | ||||||
Intertek Group PLC | 1,948 | 105,627 | ||||||
Investec PLC | 13,816 | 77,426 | ||||||
ITV PLC | 106,416 | 92,404 | ||||||
J. Sainsbury PLC | 48,137 | 164,625 | ||||||
Kingfisher PLC | 44,292 | 130,472 | ||||||
Land Securities Group PLC | 13,811 | 100,822 | ||||||
Legal & General Group PLC | 146,035 | 422,009 | ||||||
Lloyds Banking Group PLC | 1,052,977 | 583,541 | ||||||
London Stock Exchange Group PLC | 2,094 | 222,720 | ||||||
Londonmetric Property PLC | 39,288 | 82,615 | ||||||
Mondi PLC | 6,404 | 97,619 | ||||||
National Grid PLC | 92,260 | 1,220,453 | ||||||
Next PLC | 1,719 | 150,796 | ||||||
OSB Group PLC | 15,637 | 95,425 | ||||||
Pagegroup PLC | 13,638 | 69,632 | ||||||
Pan African Resources PLC | 112,226 | 17,863 | ||||||
Pearson PLC | 6,276 | 65,587 | ||||||
Pennon Group PLC | 6,308 | 57,020 | ||||||
Primary Health Properties PLC(a) | 37,781 | 45,847 | ||||||
Prudential PLC | 17,024 | 239,918 | ||||||
Quilter PLC(b) | 39,921 | 40,197 | ||||||
Reckitt Benckiser Group PLC | 9,945 | 747,489 | ||||||
RELX PLC | 19,546 | 651,314 | ||||||
Rentokil Initial PLC | 10,283 | 80,401 | ||||||
Rightmove PLC | 6,617 | 44,014 | ||||||
RS Group PLC | 5,284 | 51,069 | ||||||
Safestore Holdings PLC | 4,381 | 47,287 | ||||||
Sage Group PLC | 10,589 | 124,500 | ||||||
Savills PLC | 2,337 | 25,284 | ||||||
Schroders PLC | 19,137 | 106,394 | ||||||
Segro PLC | 11,146 | 101,574 | ||||||
Serco Group PLC | 14,858 | 29,411 | ||||||
Severn Trent PLC | 2,666 | 86,973 | ||||||
Shell PLC | 132,871 | 3,957,083 | ||||||
Smith & Nephew PLC | 7,934 | 127,902 | ||||||
See Notes to Financial Statements.
| 36 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
June 30, 2023
| Investments | Shares | Value | ||||||
Smiths Group PLC | 4,252 | $ | 88,871 | |||||
Spectris PLC | 1,253 | 57,268 | ||||||
Spirax-Sarco Engineering PLC | 365 | 48,098 | ||||||
SSE PLC | 17,318 | 405,338 | ||||||
St. James’s Place PLC | 8,007 | 110,704 | ||||||
Standard Chartered PLC | 19,350 | 168,022 | ||||||
TBC Bank Group PLC | 2,209 | 69,368 | ||||||
Tesco PLC | 108,306 | 342,034 | ||||||
Travis Perkins PLC | 9,898 | 102,231 | ||||||
Tritax Big Box REIT PLC | 44,629 | 70,924 | ||||||
Unilever PLC | 30,572 | 1,592,605 | ||||||
Unite Group PLC | 7,549 | 83,498 | ||||||
United Utilities Group PLC | 9,139 | 111,727 | ||||||
Vesuvius PLC | 16,292 | 82,520 | ||||||
Victrex PLC | 1,511 | 26,740 | ||||||
Vodafone Group PLC | 705,062 | 663,053 | ||||||
Weir Group PLC | 2,893 | 64,586 | ||||||
Whitbread PLC | 2,644 | 113,819 | ||||||
|
| |||||||
| Total United Kingdom |
| 30,355,784 | ||||||
| United States – 1.1% |
| |||||||
GSK PLC | 80,710 | 1,425,058 | ||||||
Stellantis NV | 74,837 | 1,313,703 | ||||||
|
| |||||||
| Total United States |
| 2,738,761 | ||||||
TOTAL COMMON STOCKS (Cost: $213,563,132) |
| 240,109,276 | ||||||
| RIGHTS – 0.0% |
| |||||||
| Australia – 0.0% |
| |||||||
Abacus Property Group, expiring 7/27/23*† | 7,060 | 0 | ||||||
| Spain – 0.0% |
| |||||||
Sacyr SA, expiring 7/4/23*(a) | 19,191 | 1,719 | ||||||
TOTAL RIGHTS (Cost: $1,635) |
| 1,719 | ||||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.9% |
| |||||||
| United States – 3.9% |
| |||||||
State Street Navigator Securities Lending |
| |||||||
| (Cost: $9,287,088) | 9,287,088 | 9,287,088 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 103.3% (Cost: $222,851,855) |
| 249,398,083 | ||||||
Other Assets less Liabilities – (3.3)% |
| (7,941,399 | ) | |||||
|
| |||||||
| NET ASSETS – 100.0% |
| $ | 241,456,684 | |||||
| * | Non-income producing security. |
| † | This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $0, which represents 0.0% of net assets. |
| (a) | Security, or portion thereof, was on loan at June 30, 2023 (See Note 2). At June 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $14,318,629 and the total market value of the collateral held by the Fund was $15,180,793. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $5,893,705. |
| (b) | This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers. |
| (c) | This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. |
| (d) | Rate shown represents annualized 7-day yield as of June 30, 2023. |
| FINANCIAL DERIVATIVE INSTRUMENTS | ||||||||||||||||||||||||||||
| FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER) | ||||||||||||||||||||||||||||
| Counterparty | Settlement Date | Amount and Description of Currency to be Purchased | Amount and Description of Currency to be Sold | Unrealized Appreciation | Unrealized Depreciation | |||||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 3,651,945 | AUD | 2,431,001 | USD | $ | — | $ | (16 | ) | ||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 1,233,512 | CHF | 1,378,893 | USD | 8 | — | |||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 673,911 | DKK | 98,749 | USD | 0 | ^ | — | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 2,135,977 | EUR | 2,330,434 | USD | 28 | — | |||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 2,513,205 | GBP | 3,195,156 | USD | 28 | — | |||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 775,361 | ILS | 208,949 | USD | — | (6 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 644,813,696 | JPY | 4,461,903 | USD | 54 | — | |||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 4,069,881 | NOK | 379,892 | USD | 2 | — | |||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 2,130,980 | SEK | 197,296 | USD | 2 | — | |||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 1,146,633 | SGD | 847,302 | USD | — | (15 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 2,396,123 | USD | 3,697,801 | AUD | — | (65,387 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 1,359,110 | USD | 1,237,597 | CHF | — | (24,357 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 97,332 | USD | 678,339 | DKK | — | (2,066 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 2,296,998 | USD | 2,150,230 | EUR | — | (49,014 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 3,149,312 | USD | 2,539,106 | GBP | — | (78,801 | ) | ||||||||||||||||||||
See Notes to Financial Statements.
| WisdomTree Trust | 37 |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
June 30, 2023
| FINANCIAL DERIVATIVE INSTRUMENTS | ||||||||||||||||||||||||||||
| FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER) | ||||||||||||||||||||||||||||
| Counterparty | Settlement Date | Amount and Description of Currency to be Purchased | Amount and Description of Currency to be Sold | Unrealized Appreciation | Unrealized Depreciation | |||||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 205,953 | USD | 768,039 | ILS | $ | — | $ | (1,017 | ) | ||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 4,397,885 | USD | 611,204,423 | JPY | 168,496 | — | |||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 374,442 | USD | 4,165,570 | NOK | — | (14,384 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 194,465 | USD | 2,112,530 | SEK | — | (1,124 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 835,145 | USD | 1,130,314 | SGD | — | (83 | ) | ||||||||||||||||||||
Barclays Bank PLC | 8/3/2023 | 5,838,248 | USD | 8,763,862 | AUD | — | (240 | ) | ||||||||||||||||||||
Barclays Bank PLC | 8/3/2023 | 686,828 | USD | 4,679,646 | DKK | — | (28 | ) | ||||||||||||||||||||
Barclays Bank PLC | 8/3/2023 | 16,789,712 | USD | 15,367,693 | EUR | — | (234 | ) | ||||||||||||||||||||
Barclays Bank PLC | 8/3/2023 | 6,469,186 | USD | 5,087,370 | GBP | 15 | — | |||||||||||||||||||||
Barclays Bank PLC | 8/3/2023 | 209,311 | USD | 776,212 | ILS | — | (14 | ) | ||||||||||||||||||||
Barclays Bank PLC | 8/3/2023 | 10,824,623 | USD | 1,557,763,918 | JPY | — | (341 | ) | ||||||||||||||||||||
Barclays Bank PLC | 8/3/2023 | 924,385 | USD | 9,893,468 | NOK | — | (42 | ) | ||||||||||||||||||||
Barclays Bank PLC | 8/3/2023 | 1,416,688 | USD | 15,282,604 | SEK | — | (38 | ) | ||||||||||||||||||||
Barclays Bank PLC | 8/3/2023 | 848,855 | USD | 1,147,632 | SGD | — | (11 | ) | ||||||||||||||||||||
Barclays Bank PLC | 8/4/2023 | 4,841,621 | USD | 4,318,527 | CHF | — | (184 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 3,652,003 | AUD | 2,431,003 | USD | 20 | — | |||||||||||||||||||||
Citibank NA | 7/6/2023 | 1,233,519 | CHF | 1,378,894 | USD | 14 | — | |||||||||||||||||||||
Citibank NA | 7/6/2023 | 673,914 | DKK | 98,749 | USD | 1 | — | |||||||||||||||||||||
Citibank NA | 7/6/2023 | 2,135,969 | EUR | 2,330,434 | USD | 19 | — | |||||||||||||||||||||
Citibank NA | 7/6/2023 | 2,513,205 | GBP | 3,195,155 | USD | 28 | — | |||||||||||||||||||||
Citibank NA | 7/6/2023 | 775,382 | ILS | 208,951 | USD | — | (2 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 644,811,610 | JPY | 4,461,904 | USD | 39 | — | |||||||||||||||||||||
Citibank NA | 7/6/2023 | 4,069,896 | NOK | 379,893 | USD | 2 | — | |||||||||||||||||||||
Citibank NA | 7/6/2023 | 2,130,980 | SEK | 197,296 | USD | 2 | — | |||||||||||||||||||||
Citibank NA | 7/6/2023 | 1,146,638 | SGD | 847,302 | USD | — | (11 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 2,396,123 | USD | 3,697,772 | AUD | — | (65,368 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 1,359,110 | USD | 1,237,559 | CHF | — | (24,315 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 97,332 | USD | 678,308 | DKK | — | (2,062 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 2,296,998 | USD | 2,150,234 | EUR | — | (49,019 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 3,149,312 | USD | 2,539,106 | GBP | — | (78,801 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 205,953 | USD | 768,058 | ILS | — | (1,022 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 4,397,885 | USD | 611,213,219 | JPY | 168,435 | — | |||||||||||||||||||||
Citibank NA | 7/6/2023 | 374,442 | USD | 4,165,482 | NOK | — | (14,376 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 194,465 | USD | 2,112,501 | SEK | — | (1,122 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 835,145 | USD | 1,130,339 | SGD | — | (102 | ) | ||||||||||||||||||||
Citibank NA | 8/3/2023 | 5,838,248 | USD | 8,763,783 | AUD | — | (187 | ) | ||||||||||||||||||||
Citibank NA | 8/3/2023 | 686,827 | USD | 4,679,680 | DKK | — | (34 | ) | ||||||||||||||||||||
Citibank NA | 8/3/2023 | 16,789,711 | USD | 15,367,509 | EUR | — | (35 | ) | ||||||||||||||||||||
Citibank NA | 8/3/2023 | 6,469,188 | USD | 5,087,495 | GBP | — | (143 | ) | ||||||||||||||||||||
Citibank NA | 8/3/2023 | 209,311 | USD | 776,188 | ILS | — | (8 | ) | ||||||||||||||||||||
Citibank NA | 8/3/2023 | 10,824,624 | USD | 1,557,756,485 | JPY | — | (288 | ) | ||||||||||||||||||||
Citibank NA | 8/3/2023 | 924,384 | USD | 9,893,521 | NOK | — | (48 | ) | ||||||||||||||||||||
Citibank NA | 8/3/2023 | 1,416,690 | USD | 15,282,801 | SEK | — | (55 | ) | ||||||||||||||||||||
Citibank NA | 8/3/2023 | 848,857 | USD | 1,147,644 | SGD | — | (19 | ) | ||||||||||||||||||||
Citibank NA | 8/4/2023 | 4,841,623 | USD | 4,318,510 | CHF | — | (162 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 63,897 | USD | 96,515 | AUD | — | (350 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 36,243 | USD | 32,770 | CHF | — | (389 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 2,596 | USD | 17,997 | DKK | — | (41 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 61,253 | USD | 57,011 | EUR | — | (949 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 83,982 | USD | 67,239 | GBP | — | (1,503 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 5,492 | USD | 20,567 | ILS | — | (51 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 117,277 | USD | 16,303,121 | JPY | 4,463 | — | |||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 9,985 | USD | 109,853 | NOK | — | (269 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 5,186 | USD | 55,784 | SEK | 21 | — | |||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 22,270 | USD | 29,991 | SGD | 108 | — | |||||||||||||||||||||
See Notes to Financial Statements.
| 38 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
June 30, 2023
| FINANCIAL DERIVATIVE INSTRUMENTS | ||||||||||||||||||||||||||||
| FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER) | ||||||||||||||||||||||||||||
| Counterparty | Settlement Date | Amount and Description of Currency to be Purchased | Amount and Description of Currency to be Sold | Unrealized Appreciation | Unrealized Depreciation | |||||||||||||||||||||||
HSBC Holdings PLC | 7/6/2023 | 127,793 | USD | 191,652 | AUD | $ | 216 | $ | — | |||||||||||||||||||
HSBC Holdings PLC | 7/6/2023 | 72,486 | USD | 65,655 | CHF | — | (907 | ) | ||||||||||||||||||||
HSBC Holdings PLC | 7/6/2023 | 5,191 | USD | 36,104 | DKK | — | (99 | ) | ||||||||||||||||||||
HSBC Holdings PLC | 7/6/2023 | 122,506 | USD | 114,409 | EUR | — | (2,320 | ) | ||||||||||||||||||||
HSBC Holdings PLC | 7/6/2023 | 167,963 | USD | 135,295 | GBP | — | (4,046 | ) | ||||||||||||||||||||
HSBC Holdings PLC | 7/6/2023 | 10,984 | USD | 40,595 | ILS | 44 | — | |||||||||||||||||||||
HSBC Holdings PLC | 7/6/2023 | 234,554 | USD | 32,645,319 | JPY | 8,656 | — | |||||||||||||||||||||
HSBC Holdings PLC | 7/6/2023 | 19,970 | USD | 221,078 | NOK | — | (666 | ) | ||||||||||||||||||||
HSBC Holdings PLC | 7/6/2023 | 10,372 | USD | 113,012 | SEK | — | (91 | ) | ||||||||||||||||||||
HSBC Holdings PLC | 7/6/2023 | 44,541 | USD | 60,038 | SGD | 177 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 78,112 | AUD | 52,172 | USD | — | (175 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 3,652,014 | AUD | 2,431,003 | USD | 28 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 26,461 | CHF | 29,592 | USD | — | (12 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 1,233,519 | CHF | 1,378,894 | USD | 14 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 14,458 | DKK | 2,119 | USD | — | (1 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 673,915 | DKK | 98,749 | USD | 1 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 45,828 | EUR | 50,014 | USD | — | (14 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 2,135,977 | EUR | 2,330,434 | USD | 28 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 53,947 | GBP | 68,572 | USD | 14 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 2,513,210 | GBP | 3,195,155 | USD | 35 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 16,289 | ILS | 4,484 | USD | — | (94 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 775,380 | ILS | 208,951 | USD | — | (3 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 13,728,451 | JPY | 95,757 | USD | — | (759 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 644,812,502 | JPY | 4,461,904 | USD | 45 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 87,247 | NOK | 8,153 | USD | — | (9 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 4,069,869 | NOK | 379,893 | USD | — | (0 | )^ | ||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 45,290 | SEK | 4,234 | USD | — | (41 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 2,130,984 | SEK | 197,296 | USD | 2 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 24,610 | SGD | 18,184 | USD | 2 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 1,146,641 | SGD | 847,302 | USD | — | (9 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 8/3/2023 | 5,838,248 | USD | 8,763,809 | AUD | — | (205 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 8/3/2023 | 686,827 | USD | 4,679,646 | DKK | — | (29 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 8/3/2023 | 16,789,711 | USD | 15,367,622 | EUR | — | (158 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 8/3/2023 | 6,469,188 | USD | 5,087,319 | GBP | 81 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 8/3/2023 | 209,311 | USD | 776,212 | ILS | — | (14 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 8/3/2023 | 10,824,624 | USD | 1,557,761,897 | JPY | — | (326 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 8/3/2023 | 924,384 | USD | 9,893,276 | NOK | — | (25 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 8/3/2023 | 1,416,690 | USD | 15,282,774 | SEK | — | (52 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 8/3/2023 | 848,857 | USD | 1,147,615 | SGD | 3 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 8/4/2023 | 4,841,623 | USD | 4,318,520 | CHF | — | (173 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 3,652,003 | AUD | 2,431,003 | USD | 20 | — | |||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 1,233,520 | CHF | 1,378,894 | USD | 15 | — | |||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 673,906 | DKK | 98,749 | USD | — | (0 | )^ | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 2,136,075 | EUR | 2,330,434 | USD | 134 | — | |||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 2,513,208 | GBP | 3,195,155 | USD | 33 | — | |||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 775,395 | ILS | 208,951 | USD | 1 | — | |||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 644,818,504 | JPY | 4,461,904 | USD | 86 | — | |||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 4,069,844 | NOK | 379,893 | USD | — | (2 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 2,130,974 | SEK | 197,296 | USD | 1 | — | |||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 1,146,630 | SGD | 847,302 | USD | — | (17 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 2,396,123 | USD | 3,697,515 | AUD | — | (65,197 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 1,359,108 | USD | 1,237,548 | CHF | — | (24,304 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 97,332 | USD | 678,290 | DKK | — | (2,059 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 2,296,997 | USD | 2,150,239 | EUR | — | (49,025 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 3,149,312 | USD | 2,539,047 | GBP | — | (78,726 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 205,951 | USD | 768,080 | ILS | — | (1,030 | ) | ||||||||||||||||||||
See Notes to Financial Statements.
| WisdomTree Trust | 39 |
Schedule of Investments (concluded)
WisdomTree Dynamic Currency Hedged International Equity Fund (DDWM)
June 30, 2023
| FINANCIAL DERIVATIVE INSTRUMENTS | ||||||||||||||||||||||||||||
| FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER) | ||||||||||||||||||||||||||||
| Counterparty | Settlement Date | Amount and Description of Currency to be Purchased | Amount and Description of Currency to be Sold | Unrealized Appreciation | Unrealized Depreciation | |||||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 4,397,886 | USD | 611,223,460 | JPY | $ | 168,365 | $ | — | |||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 374,443 | USD | 4,165,466 | NOK | — | (14,373 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 194,465 | USD | 2,112,413 | SEK | — | (1,114 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 835,146 | USD | 1,130,313 | SGD | — | (82 | ) | ||||||||||||||||||||
Royal Bank of Canada | 8/3/2023 | 5,838,248 | USD | 8,763,927 | AUD | — | (284 | ) | ||||||||||||||||||||
Royal Bank of Canada | 8/3/2023 | 686,827 | USD | 4,679,747 | DKK | — | (44 | ) | ||||||||||||||||||||
Royal Bank of Canada | 8/3/2023 | 16,789,711 | USD | 15,368,382 | EUR | — | (988 | ) | ||||||||||||||||||||
Royal Bank of Canada | 8/3/2023 | 6,469,188 | USD | 5,087,395 | GBP | — | (16 | ) | ||||||||||||||||||||
Royal Bank of Canada | 8/3/2023 | 209,311 | USD | 776,682 | ILS | — | (141 | ) | ||||||||||||||||||||
Royal Bank of Canada | 8/3/2023 | 10,824,624 | USD | 1,557,781,869 | JPY | — | (465 | ) | ||||||||||||||||||||
Royal Bank of Canada | 8/3/2023 | 924,384 | USD | 9,893,464 | NOK | — | (43 | ) | ||||||||||||||||||||
Royal Bank of Canada | 8/3/2023 | 1,416,690 | USD | 15,282,643 | SEK | — | (40 | ) | ||||||||||||||||||||
Royal Bank of Canada | 8/3/2023 | 848,857 | USD | 1,147,624 | SGD | — | (3 | ) | ||||||||||||||||||||
Royal Bank of Canada | 8/4/2023 | 4,841,623 | USD | 4,318,587 | CHF | — | (249 | ) | ||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 2,396,123 | USD | 3,697,738 | AUD | — | (65,345 | ) | ||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 1,359,110 | USD | 1,237,513 | CHF | — | (24,263 | ) | ||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 97,332 | USD | 678,375 | DKK | — | (2,072 | ) | ||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 2,296,998 | USD | 2,150,244 | EUR | — | (49,030 | ) | ||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 3,149,312 | USD | 2,539,057 | GBP | — | (78,739 | ) | ||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 205,953 | USD | 768,091 | ILS | — | (1,031 | ) | ||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 4,397,885 | USD | 611,218,057 | JPY | 168,402 | — | |||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 374,442 | USD | 4,165,619 | NOK | — | (14,389 | ) | ||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 194,465 | USD | 2,112,590 | SEK | — | (1,130 | ) | ||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 835,145 | USD | 1,130,295 | SGD | — | (70 | ) | ||||||||||||||||||||
| $ | 688,188 | $ | (962,632 | ) | ||||||||||||||||||||||||
| ^ | Amount represents less than $1. |
| FAIR VALUATION SUMMARY | ||||||||||||||
The following is a summary of the fair valuations according to the inputs used as of June 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
| Quoted Prices in Active Markets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||||||||||
Assets: |
| |||||||||||||||
Investments in Securities | ||||||||||||||||
Common Stocks | $ | 240,109,276 | $ | — | $ | — | $ | 240,109,276 | ||||||||
Rights | ||||||||||||||||
Australia | — | — | 0 | * | 0 | |||||||||||
Spain | 1,719 | — | — | 1,719 | ||||||||||||
Investment of Cash Collateral for Securities Loaned | — | 9,287,088 | — | 9,287,088 | ||||||||||||
Total Investments in Securities | $ | 240,110,995 | $ | 9,287,088 | $ | 0 | $ | 249,398,083 | ||||||||
Financial Derivative Instruments | ||||||||||||||||
Foreign Currency Contracts1 | $ | — | $ | 688,188 | $ | — | $ | 688,188 | ||||||||
Liabilities: | ||||||||||||||||
Financial Derivative Instruments | ||||||||||||||||
Foreign Currency Contracts1 | $ | — | $ | (962,632 | ) | $ | — | $ | (962,632 | ) | ||||||
Total – Net | $ | 240,110,995 | $ | 9,012,644 | $ | 0 | $ | 249,123,639 | ||||||||
| * | Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. |
| 1 | Amount shown represents the unrealized appreciation (depreciation) on the financial instrument. |
See Notes to Financial Statements.
| 40 | WisdomTree Trust |
Schedule of Investments
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)
June 30, 2023
| Investments | Shares | Value | ||||||
| COMMON STOCKS – 99.2% |
| |||||||
| Australia – 13.9% |
| |||||||
Abacus Property Group | 449,595 | $ | 805,044 | |||||
Accent Group Ltd. | 143,432 | 159,921 | ||||||
APM Human Services International Ltd.(a) | 72,792 | 102,722 | ||||||
ARB Corp. Ltd.(a) | 12,071 | 229,803 | ||||||
AUB Group Ltd. | 13,082 | 256,016 | ||||||
Austal Ltd.(a) | 60,371 | 95,241 | ||||||
Australian Clinical Labs Ltd.(a) | 183,660 | 420,551 | ||||||
Baby Bunting Group Ltd.(a) | 56,601 | 51,805 | ||||||
Bapcor Ltd.(a) | 60,336 | 238,566 | ||||||
Blackmores Ltd. | 1,662 | 104,259 | ||||||
Bravura Solutions Ltd.(a) | 135,675 | 42,447 | ||||||
Breville Group Ltd.(a) | 13,179 | 174,926 | ||||||
BWP Trust | 214,945 | 519,374 | ||||||
Capitol Health Ltd. | 246,726 | 44,343 | ||||||
Cedar Woods Properties Ltd.(a) | 48,854 | 163,574 | ||||||
Centuria Capital Group(a) | 310,973 | 341,549 | ||||||
Centuria Industrial REIT(a) | 175,180 | 361,487 | ||||||
Champion Iron Ltd.(a) | 118,859 | 481,040 | ||||||
Charter Hall Long Wale REIT | 368,407 | 983,373 | ||||||
Codan Ltd.(a) | 55,045 | 294,225 | ||||||
Collins Foods Ltd.(a) | 19,372 | 126,758 | ||||||
Costa Group Holdings Ltd.(a) | 95,609 | 173,107 | ||||||
Cromwell Property Group | 1,124,613 | 400,500 | ||||||
CSR Ltd. | 247,178 | 853,932 | ||||||
Dalrymple Bay Infrastructure Ltd. | 83,086 | 146,008 | ||||||
Data#3 Ltd.(a) | 24,425 | 117,061 | ||||||
DDH1 Ltd. | 157,059 | 87,296 | ||||||
Deterra Royalties Ltd. | 298,168 | 912,987 | ||||||
Dicker Data Ltd.(a) | 41,206 | 224,916 | ||||||
Domain Holdings Australia Ltd.(a) | 62,087 | 156,634 | ||||||
Eagers Automotive Ltd.(a) | 73,475 | 659,777 | ||||||
Elders Ltd.(a) | 46,365 | 203,078 | ||||||
First Resources Ltd. | 574,227 | 589,778 | ||||||
G8 Education Ltd. | 219,683 | 152,081 | ||||||
Gold Road Resources Ltd. | 58,378 | 57,706 | ||||||
GR Engineering Services Ltd. | 69,509 | 99,015 | ||||||
GrainCorp Ltd., Class A(a) | 31,059 | 161,881 | ||||||
Growthpoint Properties Australia Ltd. | 241,408 | 448,334 | ||||||
GUD Holdings Ltd.(a) | 39,837 | 233,884 | ||||||
GWA Group Ltd.(a) | 96,641 | 112,576 | ||||||
Hansen Technologies Ltd.(a) | 31,452 | 108,239 | ||||||
Helia Group Ltd. | 246,471 | 567,659 | ||||||
HMC Capital Ltd. | 59,472 | 200,313 | ||||||
HomeCo Daily Needs REIT | 686,774 | 537,153 | ||||||
HUB24 Ltd. | 4,269 | 72,320 | ||||||
Infomedia Ltd.(a) | 93,892 | 99,999 | ||||||
Ingenia Communities Group(a) | 59,208 | 156,859 | ||||||
Inghams Group Ltd. | 61,546 | 107,336 | ||||||
Insignia Financial Ltd.(a) | 236,805 | 444,514 | ||||||
Integral Diagnostics Ltd. | 41,643 | 90,921 | ||||||
InvoCare Ltd.(a) | 28,190 | 236,247 | ||||||
IPH Ltd.(a) | 36,373 | 189,578 | ||||||
IRESS Ltd.(a) | 43,613 | 297,568 | ||||||
IVE Group Ltd.(a) | 99,126 | 151,761 | ||||||
Johns Lyng Group Ltd. | 13,430 | 47,559 | ||||||
Jumbo Interactive Ltd. | 12,278 | 116,545 | ||||||
Jupiter Mines Ltd.(a) | 587,678 | 76,282 | ||||||
Kelsian Group Ltd.(a) | 39,137 | 189,134 | ||||||
Link Administration Holdings Ltd. | 37,143 | 41,289 | ||||||
Lovisa Holdings Ltd. | 28,546 | 366,732 | ||||||
Maas Group Holdings Ltd.(a) | 36,431 | 64,263 | ||||||
McMillan Shakespeare Ltd. | 46,385 | 557,624 | ||||||
Monadelphous Group Ltd.(a) | 25,559 | 199,396 | ||||||
Monash IVF Group Ltd. | 170,162 | 129,692 | ||||||
Myer Holdings Ltd.(a) | 382,369 | 150,169 | ||||||
MyState Ltd. | 39,646 | 83,657 | ||||||
Navigator Global Investments Ltd.(a) | 248,585 | 220,076 | ||||||
Netwealth Group Ltd.(a) | 21,885 | 201,618 | ||||||
Nick Scali Ltd.(a) | 32,431 | 196,664 | ||||||
NRW Holdings Ltd. | 173,226 | 291,729 | ||||||
Nufarm Ltd. | 27,852 | 94,367 | ||||||
Orora Ltd. | 319,108 | 698,843 | ||||||
Pacific Current Group Ltd.(a) | 14,432 | 71,185 | ||||||
Pact Group Holdings Ltd. | 85,053 | 37,366 | ||||||
Perpetual Ltd.(a) | 23,073 | 397,479 | ||||||
Perseus Mining Ltd. | 138,946 | 152,608 | ||||||
Pinnacle Investment Management Group Ltd.(a) | 43,859 | 291,364 | ||||||
PSC Insurance Group Ltd. | 43,301 | 158,528 | ||||||
PWR Holdings Ltd. | 12,637 | 72,930 | ||||||
Ramelius Resources Ltd. | 76,804 | 64,417 | ||||||
Region RE Ltd. | 461,637 | 697,545 | ||||||
Regis Healthcare Ltd.(a) | 58,375 | 86,263 | ||||||
Reliance Worldwide Corp. Ltd. | 171,741 | 468,710 | ||||||
Ridley Corp. Ltd. | 91,708 | 122,091 | ||||||
Sigma Healthcare Ltd. | 122,209 | 68,333 | ||||||
Sims Ltd. | 108,382 | 1,136,276 | ||||||
SmartGroup Corp. Ltd.(a) | 84,839 | 447,267 | ||||||
Super Retail Group Ltd. | 86,689 | 659,563 | ||||||
Terracom Ltd.(a) | 472,980 | 132,232 | ||||||
Ventia Services Group Pty. Ltd. | 141,381 | 285,154 | ||||||
Waypoint REIT Ltd. | 313,598 | 540,653 | ||||||
|
| |||||||
| Total Australia |
| 24,663,645 | ||||||
| Austria – 1.1% |
| |||||||
AT&S Austria Technologie & Systemtechnik AG | 4,731 | 169,917 | ||||||
Oesterreichische Post AG | 20,316 | 724,788 | ||||||
Porr AG | 7,937 | 112,224 | ||||||
S IMMO AG* | 8,823 | 117,436 | ||||||
Schoeller-Bleckmann Oilfield Equipment AG | 1,226 | 71,025 | ||||||
Semperit AG Holding | 5,564 | 126,870 | ||||||
UNIQA Insurance Group AG | 73,485 | 589,265 | ||||||
Zumtobel Group AG | 11,184 | 90,171 | ||||||
|
| |||||||
| Total Austria |
| 2,001,696 | ||||||
| Belgium – 1.5% |
| |||||||
Barco NV | 8,803 | 219,357 | ||||||
Bekaert SA | 14,019 | 634,732 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 41 |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)
June 30, 2023
| Investments | Shares | Value | ||||||
bpost SA(a) | 83,892 | $ | 368,301 | |||||
Deceuninck NV | 20,720 | 51,541 | ||||||
Econocom Group SA/NV | 2,002 | 5,799 | ||||||
Fagron | 5,848 | 98,382 | ||||||
Intervest Offices & Warehouses NV | 9,308 | 140,546 | ||||||
Recticel SA(a) | 5,693 | 67,701 | ||||||
VGP NV(a) | 8,934 | 872,356 | ||||||
Xior Student Housing NV | 6,426 | 191,043 | ||||||
|
| |||||||
| Total Belgium |
| 2,649,758 | ||||||
| China – 0.3% |
| |||||||
CITIC Telecom International Holdings Ltd. | 893,678 | 342,117 | ||||||
CPMC Holdings Ltd. | 69,900 | 34,698 | ||||||
Yanlord Land Group Ltd.* | 247,709 | 140,021 | ||||||
|
| |||||||
| Total China |
| 516,836 | ||||||
| Denmark – 2.8% |
| |||||||
Alm Brand A/S | 236,353 | 369,862 | ||||||
Cementir Holding NV | 27,434 | 222,084 | ||||||
Chemometec A/S* | 466 | 31,818 | ||||||
D/S Norden A/S | 24,587 | 1,226,315 | ||||||
Dfds A/S | 10,597 | 385,693 | ||||||
FLSmidth & Co. A/S | 4,687 | 226,766 | ||||||
Huscompagniet A/S* | 10,584 | 90,877 | ||||||
Matas A/S | 5,249 | 77,371 | ||||||
Per Aarsleff Holding A/S | 3,952 | 194,275 | ||||||
Scandinavian Tobacco Group A/S, Class A(b) | 27,360 | 455,008 | ||||||
Schouw & Co. A/S | 3,989 | 315,036 | ||||||
Spar Nord Bank A/S | 21,550 | 336,914 | ||||||
Sydbank A/S | 21,424 | 989,449 | ||||||
|
| |||||||
| Total Denmark |
| 4,921,468 | ||||||
| Finland – 2.8% |
| |||||||
Aktia Bank Oyj | 10,110 | 102,579 | ||||||
Anora Group Oyj | 16,677 | 89,518 | ||||||
Cargotec Oyj, Class B | 7,908 | 434,401 | ||||||
Caverion Oyj | 25,306 | 235,504 | ||||||
Citycon Oyj*(a) | 61,869 | 392,845 | ||||||
Fiskars Oyj Abp | 14,408 | 243,332 | ||||||
Harvia Oyj | 4,345 | 109,503 | ||||||
Kemira Oyj | 29,835 | 474,904 | ||||||
Konecranes Oyj | 20,552 | 826,260 | ||||||
Lassila & Tikanoja Oyj(a) | 6,140 | 66,787 | ||||||
Marimekko Oyj | 7,428 | 73,665 | ||||||
Musti Group Oyj* | 4,270 | 83,342 | ||||||
Outokumpu Oyj | 78,812 | 421,493 | ||||||
Puuilo Oyj | 24,865 | 196,405 | ||||||
Raisio Oyj, Class V | 40,171 | 89,625 | ||||||
Sanoma Oyj | 10,618 | 76,919 | ||||||
Talenom Oyj(a) | 3,738 | 29,648 | ||||||
Terveystalo Oyj(a)(b) | 31,489 | 283,768 | ||||||
Tokmanni Group Corp. | 21,676 | 282,836 | ||||||
Uponor Oyj | 16,504 | 515,688 | ||||||
|
| |||||||
| Total Finland |
| 5,029,022 | ||||||
| France – 3.0% |
| |||||||
Beneteau SA | 12,214 | 206,278 | ||||||
Bigben Interactive(a) | 7,937 | 46,067 | ||||||
Cie Plastic Omnium SA | 15,257 | 267,824 | ||||||
Coface SA(a) | 77,922 | 1,072,863 | ||||||
Derichebourg SA | 54,877 | 304,743 | ||||||
Etablissements Maurel Et Prom SA | 43,348 | 184,725 | ||||||
Fnac Darty SA | 7,566 | 283,130 | ||||||
IPSOS | 7,097 | 394,497 | ||||||
Jacquet Metals SACA | 6,175 | 128,002 | ||||||
Lectra | 3,533 | 105,228 | ||||||
LISI(a) | 3,959 | 113,597 | ||||||
Maisons du Monde SA*(a)(b) | 13,689 | 137,698 | ||||||
Mersen SA | 3,301 | 149,458 | ||||||
Metropole Television SA | 43,244 | 612,386 | ||||||
Quadient SA | 6,286 | 129,342 | ||||||
Television Francaise 1(a) | 68,722 | 471,972 | ||||||
Trigano SA | 1,690 | 242,090 | ||||||
Vicat SA | 14,155 | 449,395 | ||||||
|
| |||||||
| Total France |
| 5,299,295 | ||||||
| Georgia – 0.5% |
| |||||||
Bank of Georgia Group PLC | 21,300 | 792,083 | ||||||
| Germany – 3.5% |
| |||||||
7C Solarparken AG | 15,633 | 63,532 | ||||||
alstria office REIT AG | 8,337 | 45,569 | ||||||
AURELIUS Equity Opportunities SE & Co. KGaA* | 9,691 | 188,726 | ||||||
BayWa AG | 3,522 | 145,055 | ||||||
Bilfinger SE | 7,469 | 290,256 | ||||||
CompuGroup Medical SE & Co. KGaA | 4,022 | 197,811 | ||||||
CropEnergies AG | 12,394 | 135,489 | ||||||
Dermapharm Holding SE | 13,498 | 667,103 | ||||||
Deutz AG | 28,686 | 168,531 | ||||||
Duerr AG | 6,295 | 203,563 | ||||||
Energiekontor AG | 1,046 | 79,997 | ||||||
Gerresheimer AG | 3,198 | 359,718 | ||||||
Hamborner REIT AG | 21,038 | 146,666 | ||||||
Hamburger Hafen und Logistik AG | 20,066 | 248,693 | ||||||
Hornbach Holding AG & Co. KGaA | 2,676 | 210,935 | ||||||
Indus Holding AG | 6,554 | 184,481 | ||||||
Instone Real Estate Group SE(b) | 21,538 | 129,004 | ||||||
Jenoptik AG | 3,635 | 124,684 | ||||||
JOST Werke SE(b) | 2,151 | 116,398 | ||||||
Kloeckner & Co. SE | 58,257 | 566,941 | ||||||
Mutares SE & Co. KGaA* | 6,190 | 169,508 | ||||||
SAF-Holland SE | 11,539 | 161,140 | ||||||
Salzgitter AG | 10,013 | 362,028 | ||||||
Siltronic AG | 6,560 | 500,987 | ||||||
Varta AG*(a) | 17,006 | 347,972 | ||||||
Wacker Neuson SE | 12,449 | 301,517 | ||||||
Wuestenrot & Wuerttembergische AG | 6,780 | 115,985 | ||||||
|
| |||||||
| Total Germany |
| 6,232,289 | ||||||
See Notes to Financial Statements.
| 42 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)
June 30, 2023
| Investments | Shares | Value | ||||||
| Hong Kong – 1.0% |
| |||||||
Dah Sing Banking Group Ltd. | 187,600 | $ | 139,564 | |||||
Dah Sing Financial Holdings Ltd. | 49,200 | 122,928 | ||||||
Fortune Real Estate Investment Trust | 749,000 | 539,055 | ||||||
Hutchison Port Holdings Trust | 2,742,700 | 529,341 | ||||||
Nissin Foods Co. Ltd. | 198,000 | 169,283 | ||||||
Singamas Container Holdings Ltd. | 2,086,000 | 170,360 | ||||||
Tam Jai International Co. Ltd. | 653,000 | 149,988 | ||||||
|
| |||||||
| Total Hong Kong |
| 1,820,519 | ||||||
| Indonesia – 0.3% |
| |||||||
Bumitama Agri Ltd. | 307,100 | 124,805 | ||||||
Nickel Industries Ltd. | 796,162 | 469,019 | ||||||
|
| |||||||
| Total Indonesia |
| 593,824 | ||||||
| Ireland – 0.3% |
| |||||||
Cairn Homes PLC | 209,558 | 265,208 | ||||||
Kenmare Resources PLC | 33,483 | 190,282 | ||||||
Origin Enterprises PLC | 32,582 | 118,549 | ||||||
|
| |||||||
| Total Ireland |
| 574,039 | ||||||
| Israel – 2.8% |
| |||||||
Altshuler Shaham Penn Ltd. | 113,275 | 200,729 | ||||||
AudioCodes Ltd. | 5,783 | 52,844 | ||||||
Automatic Bank Services Ltd. | 21,795 | 94,675 | ||||||
Azorim-Investment Development & Construction Co. Ltd.* | 21,979 | 66,631 | ||||||
Delek Automotive Systems Ltd. | 30,348 | 231,927 | ||||||
Delek Group Ltd.‡ | 0 | 39 | ||||||
Delta Galil Ltd. | 3,286 | 128,396 | ||||||
Electra Consumer Products 1970 Ltd. | 2,957 | 73,149 | ||||||
Electra Real Estate Ltd. | 14,383 | 163,289 | ||||||
FIBI Holdings Ltd. | 8,930 | 359,756 | ||||||
G City Ltd. | 74,511 | 244,157 | ||||||
Gav-Yam Lands Corp. Ltd. | 29,948 | 210,712 | ||||||
Harel Insurance Investments & Financial Services Ltd. | 57,637 | 447,931 | ||||||
Israel Canada T.R Ltd. | 45,854 | 105,647 | ||||||
Israel Land Development Co. Ltd. | 8,787 | 68,668 | ||||||
Magic Software Enterprises Ltd. | 8,031 | 104,982 | ||||||
Matrix IT Ltd. | 16,731 | 340,531 | ||||||
Max Stock Ltd. | 69,644 | 142,987 | ||||||
Maytronics Ltd. | 16,641 | 227,080 | ||||||
Mediterranean Towers Ltd. | 37,799 | 82,301 | ||||||
Mega Or Holdings Ltd. | 6,179 | 127,761 | ||||||
Mehadrin Ltd.*‡ | 0 | 13 | ||||||
Migdal Insurance & Financial Holdings Ltd. | 62,079 | 75,195 | ||||||
Oil Refineries Ltd. | 778,980 | 222,089 | ||||||
One Software Technologies Ltd. | 9,358 | 125,834 | ||||||
Paz Oil Co. Ltd.* | 1 | 92 | ||||||
Plus500 Ltd. | 34,545 | 643,411 | ||||||
Retailors Ltd. | 2,581 | 49,938 | ||||||
Shufersal Ltd.* | 26,069 | 135,931 | ||||||
Sisram Medical Ltd.(a)(b) | 70,400 | 83,906 | ||||||
Tamar Petroleum Ltd.(b) | 19,552 | 61,960 | ||||||
Tiv Taam Holdings 1 Ltd. | 25,933 | 41,182 | ||||||
|
| |||||||
| Total Israel |
| 4,913,743 | ||||||
| Italy – 4.3% |
| |||||||
Alerion Cleanpower SpA | 4,636 | 144,655 | ||||||
Anima Holding SpA(a)(b) | 135,350 | 503,249 | ||||||
Ariston Holding NV | 7,675 | 81,055 | ||||||
Arnoldo Mondadori Editore SpA | 61,917 | 135,441 | ||||||
Azimut Holding SpA(a) | 52,070 | 1,122,250 | ||||||
Banca Popolare di Sondrio SpA | 110,512 | 460,090 | ||||||
Cairo Communication SpA | 78,411 | 141,323 | ||||||
Carel Industries SpA(b) | 3,726 | 112,196 | ||||||
Credito Emiliano SpA(a) | 45,437 | 353,447 | ||||||
Danieli & C. Officine Meccaniche SpA, RSP | 7,715 | 141,575 | ||||||
El.En. SpA(a) | 5,013 | 60,106 | ||||||
Enav SpA(b) | 65,851 | 280,621 | ||||||
Esprinet SpA(a) | 18,830 | 114,222 | ||||||
Fila SpA(a) | 7,046 | 60,421 | ||||||
Immobiliare Grande Distribuzione SIIQ SpA(a) | 64,756 | 170,970 | ||||||
Iren SpA | 421,484 | 782,186 | ||||||
Italian Sea Group SpA(a) | 10,416 | 89,093 | ||||||
Maire Tecnimont SpA(a) | 94,233 | 363,941 | ||||||
MARR SpA | 12,123 | 185,960 | ||||||
OVS SpA(b) | 32,093 | 88,934 | ||||||
Piaggio & C. SpA | 110,795 | 459,334 | ||||||
RAI Way SpA(b) | 50,521 | 303,703 | ||||||
Salcef Group SpA(a) | 8,548 | 214,495 | ||||||
Sanlorenzo SpA | 3,484 | 149,761 | ||||||
SOL SpA | 4,729 | 136,465 | ||||||
Technogym SpA(b) | 18,768 | 173,636 | ||||||
Unieuro SpA(a)(b) | 11,203 | 121,002 | ||||||
Webuild SpA(a) | 183,108 | 345,004 | ||||||
Zignago Vetro SpA(a) | 13,660 | 232,786 | ||||||
|
| |||||||
| Total Italy |
| 7,527,921 | ||||||
| Japan – 28.3% |
| |||||||
77 Bank Ltd. | 12,535 | 222,020 | ||||||
Adastria Co. Ltd. | 2,200 | 46,577 | ||||||
ADEKA Corp. | 11,300 | 213,866 | ||||||
Advan Group Co. Ltd. | 3,700 | 23,679 | ||||||
Aeon Delight Co. Ltd. | 7,600 | 161,428 | ||||||
Ai Holdings Corp.(a) | 8,900 | 142,242 | ||||||
Aica Kogyo Co. Ltd.(a) | 9,300 | 203,135 | ||||||
Aichi Corp.(a) | 22,200 | 134,089 | ||||||
Alleanza Holdings Co. Ltd.(a) | 8,200 | 56,280 | ||||||
Alps Alpine Co. Ltd. | 18,900 | 164,371 | ||||||
Amano Corp. | 8,900 | 186,455 | ||||||
Anritsu Corp. | 10,000 | 84,858 | ||||||
Arcs Co. Ltd. | 10,100 | 171,763 | ||||||
Ariake Japan Co. Ltd.(a) | 1,500 | 55,035 | ||||||
ARTERIA Networks Corp. | 13,200 | 179,915 | ||||||
As One Corp.(a) | 1,500 | 58,968 | ||||||
Asahi Holdings, Inc. | 11,000 | 147,722 | ||||||
Asanuma Corp. | 3,500 | 78,943 | ||||||
ASKUL Corp.(a) | 8,400 | 116,235 | ||||||
Autobacs Seven Co. Ltd. | 20,100 | 212,772 | ||||||
Awa Bank Ltd. | 270 | 3,708 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 43 |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)
June 30, 2023
| Investments | Shares | Value | ||||||
Bando Chemical Industries Ltd. | 19,200 | $ | 191,289 | |||||
Bank of Nagoya Ltd. | 2,049 | 46,924 | ||||||
Bank of Saga Ltd. | 9,600 | 110,323 | ||||||
Belc Co. Ltd. | 800 | 35,479 | ||||||
Bell System24 Holdings, Inc.* | 13,501 | 126,851 | ||||||
Benesse Holdings, Inc. | 8,900 | 113,301 | ||||||
Bic Camera, Inc.(a) | 4,800 | 35,468 | ||||||
BML, Inc. | 2,500 | 50,074 | ||||||
Bunka Shutter Co. Ltd.(a) | 11,500 | 88,079 | ||||||
C. Uyemura & Co. Ltd. | 1,800 | 102,121 | ||||||
Canon Electronics, Inc.(a) | 3,700 | 51,634 | ||||||
Central Glass Co. Ltd. | 3,100 | 66,060 | ||||||
Chori Co. Ltd. | 9,800 | 200,428 | ||||||
Citizen Watch Co. Ltd. | 41,900 | 251,049 | ||||||
CKD Corp. | 10,600 | 172,346 | ||||||
Computer Engineering & Consulting Ltd. | 4,300 | 53,462 | ||||||
Create SD Holdings Co. Ltd. | 3,300 | 80,939 | ||||||
Daicel Corp.(a) | 34,000 | 302,515 | ||||||
Daido Steel Co. Ltd. | 7,400 | 306,014 | ||||||
Daihen Corp.(a) | 1,737 | 66,579 | ||||||
Daiho Corp. | 3,300 | 88,359 | ||||||
Daiichikosho Co. Ltd. | 12,900 | 225,985 | ||||||
Daiken Corp. | 8,500 | 134,673 | ||||||
Daiki Aluminium Industry Co. Ltd.(a) | 4,300 | 41,532 | ||||||
Dainichiseika Color & Chemicals Manufacturing Co. Ltd. | 800 | 11,585 | ||||||
Daio Paper Corp.(a) | 13,600 | 106,374 | ||||||
Daiseki Co. Ltd. | 1,400 | 39,278 | ||||||
Daishi Hokuetsu Financial Group, Inc. | 9,000 | 193,344 | ||||||
Daiwabo Holdings Co. Ltd. | 11,100 | 213,153 | ||||||
DCM Holdings Co. Ltd. | 14,300 | 120,704 | ||||||
Denka Co. Ltd. | 10,500 | 197,054 | ||||||
Dexerials Corp.(a) | 4,400 | 95,437 | ||||||
DIC Corp.(a) | 11,300 | 204,133 | ||||||
Dip Corp. | 2,141 | 52,957 | ||||||
DMG Mori Co. Ltd.(a) | 13,300 | 228,944 | ||||||
DTS Corp. | 8,200 | 192,043 | ||||||
Eagle Industry Co. Ltd. | 11,100 | 134,089 | ||||||
EDION Corp.(a) | 13,800 | 138,921 | ||||||
Eiken Chemical Co. Ltd. | 10,600 | 112,868 | ||||||
Eizo Corp. | 1,800 | 58,906 | ||||||
Elecom Co. Ltd. | 9,800 | 98,587 | ||||||
Elematec Corp. | 12,800 | 161,268 | ||||||
en Japan, Inc. | 3,300 | 56,577 | ||||||
ES-Con Japan Ltd. | 22,900 | 130,554 | ||||||
ESPEC Corp. | 1,900 | 29,998 | ||||||
Exedy Corp.(a) | 13,030 | 217,986 | ||||||
EXEO Group, Inc. | 13,100 | 261,846 | ||||||
Ezaki Glico Co. Ltd.(a) | 3,900 | 101,672 | ||||||
Financial Partners Group Co. Ltd. | 14,200 | 124,576 | ||||||
France Bed Holdings Co. Ltd. | 4,400 | 35,161 | ||||||
Fuji Co. Ltd. | 2,700 | 33,961 | ||||||
Fuji Oil Holdings, Inc. | 7,900 | 108,742 | ||||||
Fuji Soft, Inc. | 2,800 | 89,695 | ||||||
Fujikura Ltd. | 12,700 | 105,661 | ||||||
Fujimi, Inc.(a) | 8,400 | 205,445 | ||||||
Fujitec Co. Ltd.(a) | 8,000 | 203,190 | ||||||
Fukuyama Transporting Co. Ltd. | 2,600 | 71,955 | ||||||
Funai Soken Holdings, Inc. | 8,400 | 147,734 | ||||||
Furukawa Electric Co. Ltd. | 3,300 | 57,924 | ||||||
Furuno Electric Co. Ltd. | 8,500 | 62,455 | ||||||
Future Corp. | 9,500 | 112,198 | ||||||
G-7 Holdings, Inc.(a) | 3,300 | 29,910 | ||||||
Glory Ltd. | 8,200 | 163,592 | ||||||
Goldcrest Co. Ltd.(a) | 11,300 | 140,258 | ||||||
GS Yuasa Corp. | 8,151 | 158,413 | ||||||
Gunma Bank Ltd.(a) | 53,487 | 195,541 | ||||||
H.U. Group Holdings, Inc. | 10,900 | 207,502 | ||||||
H2O Retailing Corp. | 10,600 | 107,808 | ||||||
Hachijuni Bank Ltd. | 58,700 | 253,588 | ||||||
Hakuto Co. Ltd.(a) | 4,400 | 168,651 | ||||||
Hanwa Co. Ltd. | 2,539 | 79,489 | ||||||
Hazama Ando Corp.(a) | 23,300 | 173,297 | ||||||
Heiwa Corp. | 11,449 | 198,269 | ||||||
Heiwa Real Estate Co. Ltd. | 2,900 | 76,144 | ||||||
Hiday Hidaka Corp. | 3,100 | 50,317 | ||||||
Hirogin Holdings, Inc. | 45,800 | 258,573 | ||||||
Hogy Medical Co. Ltd.(a) | 2,200 | 48,327 | ||||||
Hokuetsu Corp.(a) | 14,300 | 85,680 | ||||||
Hokuhoku Financial Group, Inc. | 20,606 | 163,881 | ||||||
Hokuto Corp. | 200 | 2,536 | ||||||
Horiba Ltd.(a) | 3,100 | 176,539 | ||||||
Hyakujushi Bank Ltd. | 10,600 | 135,750 | ||||||
Ichibanya Co. Ltd.(a) | 2,700 | 101,809 | ||||||
Ichigo, Inc. | 36,400 | 69,257 | ||||||
Ichiyoshi Securities Co. Ltd.(a) | 18,800 | 78,694 | ||||||
Idec Corp. | 3,600 | 82,070 | ||||||
Iino Kaiun Kaisha Ltd. | 25,800 | 151,192 | ||||||
Inaba Denki Sangyo Co. Ltd. | 10,600 | 240,184 | ||||||
Inabata & Co. Ltd. | 9,000 | 200,816 | ||||||
Information Services International-Dentsu Ltd.(a) | 4,200 | 146,456 | ||||||
INFRONEER Holdings, Inc. | 31,523 | 295,525 | ||||||
Inui Global Logistics Co. Ltd.(a) | 11,700 | 105,720 | ||||||
Itochu Enex Co. Ltd. | 22,800 | 199,866 | ||||||
Itoham Yonekyu Holdings, Inc. | 37,400 | 187,343 | ||||||
IwaiCosmo Holdings, Inc. | 3,800 | 37,728 | ||||||
Izumi Co. Ltd. | 8,300 | 196,740 | ||||||
JAC Recruitment Co. Ltd. | 9,300 | 166,973 | ||||||
Japan Aviation Electronics Industry Ltd.(a) | 9,500 | 197,184 | ||||||
Japan Lifeline Co. Ltd. | 12,300 | 87,654 | ||||||
Japan Steel Works Ltd.(a) | 3,300 | 70,231 | ||||||
Jeol Ltd. | 1,600 | 56,391 | ||||||
Joyful Honda Co. Ltd. | 11,200 | 131,345 | ||||||
Juroku Financial Group, Inc. | 8,400 | 180,455 | ||||||
K’s Holdings Corp.(a) | 33,100 | 287,522 | ||||||
Kaga Electronics Co. Ltd. | 3,400 | 149,846 | ||||||
Kagome Co. Ltd. | 7,600 | 165,477 | ||||||
See Notes to Financial Statements.
| 44 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)
June 30, 2023
| Investments | Shares | Value | ||||||
Kaken Pharmaceutical Co. Ltd.(a) | 7,600 | $ | 189,402 | |||||
Kamei Corp. | 4,100 | 41,898 | ||||||
Kanamoto Co. Ltd. | 9,000 | 136,493 | ||||||
Kandenko Co. Ltd. | 14,478 | 115,896 | ||||||
Kaneka Corp.(a) | 7,500 | 208,652 | ||||||
Kanematsu Corp. | 13,700 | 190,237 | ||||||
Kanto Denka Kogyo Co. Ltd. | 7,900 | 53,674 | ||||||
Katitas Co. Ltd. | 2,600 | 44,576 | ||||||
Kato Sangyo Co. Ltd. | 7,248 | 197,830 | ||||||
Keiyo Bank Ltd. | 32,700 | 120,361 | ||||||
KH Neochem Co. Ltd.(a) | 7,300 | 118,186 | ||||||
Ki-Star Real Estate Co. Ltd. | 2,400 | 82,029 | ||||||
Kitz Corp.(a) | 21,700 | 162,898 | ||||||
Kobe Steel Ltd. | 70,900 | 647,756 | ||||||
Kokuyo Co. Ltd.(a) | 13,600 | 185,884 | ||||||
KOMEDA Holdings Co. Ltd. | 8,400 | 157,614 | ||||||
Komeri Co. Ltd. | 8,000 | 162,397 | ||||||
Kumagai Gumi Co. Ltd. | 8,700 | 185,395 | ||||||
Kumiai Chemical Industry Co. Ltd. | 12,500 | 96,862 | ||||||
Kurabo Industries Ltd.(a) | 9,163 | 143,846 | ||||||
Kureha Corp.(a) | 1,100 | 62,483 | ||||||
KYB Corp. | 3,600 | 125,534 | ||||||
Kyoei Steel Ltd. | 2,700 | 37,847 | ||||||
Kyokuyo Co. Ltd. | 200 | 5,002 | ||||||
Kyorin Pharmaceutical Co. Ltd. | 10,473 | 126,877 | ||||||
Kyudenko Corp. | 8,500 | 227,004 | ||||||
Kyushu Financial Group, Inc.(a) | 53,300 | 223,695 | ||||||
Life Corp. | 3,600 | 75,968 | ||||||
Lintec Corp.(a) | 13,300 | 208,976 | ||||||
Mabuchi Motor Co. Ltd.(a) | 3,400 | 94,283 | ||||||
Macnica Holdings, Inc. | 9,100 | 373,986 | ||||||
Makino Milling Machine Co. Ltd. | 1,800 | 69,492 | ||||||
Mani, Inc. | 2,900 | 34,059 | ||||||
Maruha Nichiro Corp. | 9,300 | 155,778 | ||||||
Maruichi Steel Tube Ltd. | 10,900 | 248,490 | ||||||
Marusan Securities Co. Ltd. | 15,200 | 46,378 | ||||||
Marvelous, Inc. | 11,500 | 53,468 | ||||||
Matsui Securities Co. Ltd.(a) | 33,800 | 185,680 | ||||||
Max Co. Ltd. | 9,500 | 173,456 | ||||||
MCJ Co. Ltd. | 12,200 | 84,493 | ||||||
Megmilk Snow Brand Co. Ltd. | 11,600 | 156,662 | ||||||
Meitec Corp. | 10,800 | 184,863 | ||||||
Mie Kotsu Group Holdings, Inc. | 6,100 | 24,141 | ||||||
MIRAIT ONE Corp. | 12,700 | 159,085 | ||||||
Mirarth Holdings, Inc. | 43,000 | 131,795 | ||||||
Miroku Jyoho Service Co. Ltd. | 4,300 | 46,649 | ||||||
Mitsubishi Logistics Corp. | 10,300 | 252,912 | ||||||
Mitsubishi Materials Corp. | 11,100 | 198,408 | ||||||
Mitsubishi Shokuhin Co. Ltd. | 7,900 | 202,508 | ||||||
Mitsuboshi Belting Ltd. | 9,900 | 301,723 | ||||||
Mitsui High-Tec, Inc.(a) | 1,300 | 87,875 | ||||||
Mitsui Matsushima Holdings Co. Ltd., Class C(a) | 2,900 | 52,167 | ||||||
Mitsui Mining & Smelting Co. Ltd. | 9,100 | 208,336 | ||||||
Mitsui-Soko Holdings Co. Ltd. | 7,600 | 183,776 | ||||||
MIXI, Inc. | 12,300 | 227,644 | ||||||
Mochida Pharmaceutical Co. Ltd. | 3,000 | 68,288 | ||||||
Monex Group, Inc. | 23,200 | 88,604 | ||||||
Morinaga & Co. Ltd. | 7,200 | 224,416 | ||||||
Morinaga Milk Industry Co. Ltd. | 2,000 | 65,285 | ||||||
Morita Holdings Corp. | 2,200 | 23,654 | ||||||
Musashi Seimitsu Industry Co. Ltd. | 9,200 | 112,219 | ||||||
Musashino Bank Ltd. | 3,800 | 57,157 | ||||||
Nachi-Fujikoshi Corp.(a) | 3,300 | 93,154 | ||||||
Nafco Co. Ltd. | 1,800 | 23,625 | ||||||
Nagase & Co. Ltd. | 11,700 | 193,428 | ||||||
Nakanishi, Inc. | 7,117 | 156,585 | ||||||
NEC Networks & System Integration Corp. | 11,200 | 153,740 | ||||||
NET One Systems Co. Ltd. | 7,300 | 159,046 | ||||||
NHK Spring Co. Ltd. | 37,400 | 271,311 | ||||||
Nichias Corp. | 10,374 | 214,607 | ||||||
Nichicon Corp. | 10,000 | 105,649 | ||||||
Nichiden Corp. | 200 | 3,318 | ||||||
Nihon Chouzai Co. Ltd. | 1,700 | 13,844 | ||||||
Nihon Kohden Corp. | 2,800 | 74,429 | ||||||
Nihon Parkerizing Co. Ltd. | 20,840 | 154,135 | ||||||
Nikkon Holdings Co. Ltd.(a) | 10,100 | 200,379 | ||||||
Nippn Corp. | 12,600 | 160,666 | ||||||
Nippon Carbon Co. Ltd. | 3,200 | 96,198 | ||||||
Nippon Denko Co. Ltd.(a) | 33,600 | 65,324 | ||||||
Nippon Electric Glass Co. Ltd.(a) | 19,500 | 341,403 | ||||||
Nippon Gas Co. Ltd. | 12,200 | 170,632 | ||||||
Nippon Kanzai Holdings Co. Ltd. | 8,300 | 148,904 | ||||||
Nippon Kayaku Co. Ltd.(a) | 25,400 | 215,804 | ||||||
Nippon Light Metal Holdings Co. Ltd. | 10,500 | 105,193 | ||||||
Nippon Parking Development Co. Ltd., Class C | 31,700 | 49,129 | ||||||
Nippon Pillar Packing Co. Ltd. | 7,600 | 244,508 | ||||||
Nippon Shokubai Co. Ltd. | 7,800 | 289,798 | ||||||
Nippon Signal Co. Ltd.(a) | 4,500 | 33,345 | ||||||
Nippon Soda Co. Ltd. | 7,500 | 268,274 | ||||||
Nipro Corp. | 12,400 | 87,465 | ||||||
Nishi-Nippon Financial Holdings, Inc. | 24,300 | 214,360 | ||||||
Nishi-Nippon Railroad Co. Ltd.(a) | 8,600 | 145,451 | ||||||
Nishimatsu Construction Co. Ltd.(a) | 10,650 | 257,896 | ||||||
Nishio Holdings Co. Ltd. | 7,600 | 178,254 | ||||||
Nissan Shatai Co. Ltd. | 7,800 | 45,278 | ||||||
Nisshinbo Holdings, Inc.(a) | 23,350 | 192,248 | ||||||
Nissui Corp. | 22,400 | 100,132 | ||||||
Nitta Corp.(a) | 8,600 | 181,479 | ||||||
Nitto Kogyo Corp. | 4,400 | 108,223 | ||||||
Nittoc Construction Co. Ltd. | 20,300 | 144,664 | ||||||
Noevir Holdings Co. Ltd. | 3,273 | 123,868 | ||||||
NOK Corp. | 21,200 | 307,949 | ||||||
Nomura Co. Ltd. | 11,858 | 80,812 | ||||||
Noritake Co. Ltd. | 2,400 | 90,663 | ||||||
North Pacific Bank Ltd. | 56,800 | 111,608 | ||||||
NS United Kaiun Kaisha Ltd.(a) | 6,400 | 151,659 | ||||||
NSD Co. Ltd. | 11,200 | 223,558 | ||||||
Ogaki Kyoritsu Bank Ltd. | 9,900 | 126,169 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 45 |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)
June 30, 2023
| Investments | Shares | Value | ||||||
Ohsho Food Service Corp. | 1,572 | $ | 72,871 | |||||
Okamura Corp. | 12,100 | 159,480 | ||||||
Okasan Securities Group, Inc.(a) | 47,500 | 156,761 | ||||||
Okinawa Cellular Telephone Co. | 10,000 | 207,562 | ||||||
Okinawa Financial Group, Inc. | 1,142 | 16,379 | ||||||
OKUMA Corp. | 2,000 | 106,341 | ||||||
Okumura Corp.(a) | 8,690 | 244,704 | ||||||
Okuwa Co. Ltd. | 400 | 2,314 | ||||||
Onoken Co. Ltd. | 1,900 | 21,046 | ||||||
Open Up Group, Inc.(a) | 9,900 | 143,635 | ||||||
Optorun Co. Ltd. | 2,600 | 43,587 | ||||||
Osaka Soda Co. Ltd.(a) | 2,700 | 101,436 | ||||||
Osaki Electric Co. Ltd. | 14,200 | 53,839 | ||||||
OSG Corp. | 11,200 | 159,513 | ||||||
PAL GROUP Holdings Co. Ltd. | 7,790 | 209,390 | ||||||
PALTAC Corp.(a) | 2,100 | 69,320 | ||||||
Paramount Bed Holdings Co. Ltd. | 8,600 | 142,267 | ||||||
Penta-Ocean Construction Co. Ltd. | 23,400 | 125,002 | ||||||
PHC Holdings Corp.(a) | 18,600 | 198,309 | ||||||
Pigeon Corp.(a) | 11,400 | 156,525 | ||||||
Pilot Corp.(a) | 2,100 | 66,181 | ||||||
Piolax, Inc.(a) | 7,900 | 118,499 | ||||||
Press Kogyo Co. Ltd. | 44,900 | 190,429 | ||||||
Pressance Corp. | 4,086 | 57,105 | ||||||
Prima Meat Packers Ltd. | 257 | 3,859 | ||||||
Raito Kogyo Co. Ltd. | 9,400 | 128,902 | ||||||
Raiznext Corp. | 11,500 | 117,677 | ||||||
Rengo Co. Ltd. | 24,750 | 151,700 | ||||||
Resorttrust, Inc. | 10,100 | 149,087 | ||||||
Restar Holdings Corp. | 7,954 | 134,167 | ||||||
Roland Corp.(a) | 2,400 | 68,579 | ||||||
Round One Corp.(a) | 14,200 | 55,902 | ||||||
Ryoden Corp. | 2,600 | 39,575 | ||||||
Ryosan Co. Ltd.(a) | 7,500 | 226,243 | ||||||
S Foods, Inc. | 3,300 | 71,692 | ||||||
Sakata Seed Corp. | 1,800 | 51,870 | ||||||
Sala Corp. | 6,800 | 36,885 | ||||||
SAMTY Co. Ltd.(a) | 9,700 | 150,196 | ||||||
San ju San Financial Group, Inc. | 11,100 | 121,264 | ||||||
San-In Godo Bank Ltd. | 43,100 | 240,347 | ||||||
Sangetsu Corp. | 12,500 | 214,740 | ||||||
Sanki Engineering Co. Ltd. | 11,800 | 123,523 | ||||||
Sankyu, Inc. | 3,100 | 101,836 | ||||||
Sanyo Special Steel Co. Ltd. | 10,000 | 196,285 | ||||||
Sapporo Holdings Ltd. | 3,400 | 87,155 | ||||||
Sawai Group Holdings Co. Ltd. | 2,700 | 67,717 | ||||||
SBI Global Asset Management Co. Ltd. | 8,397 | 29,746 | ||||||
Scroll Corp. | 20,400 | 136,485 | ||||||
Seikitokyu Kogyo Co. Ltd. | 3,100 | 30,392 | ||||||
Seiko Group Corp.(a) | 2,600 | 46,735 | ||||||
Seino Holdings Co. Ltd.(a) | 14,000 | 198,084 | ||||||
Senko Group Holdings Co. Ltd. | 22,980 | 164,557 | ||||||
Senshu Ikeda Holdings, Inc.(a) | 90,100 | 145,247 | ||||||
Seria Co. Ltd. | 8,000 | 127,083 | ||||||
Shiga Bank Ltd. | 10,200 | 190,542 | ||||||
Shin Nippon Air Technologies Co. Ltd. | 200 | 3,169 | ||||||
Shin-Etsu Polymer Co. Ltd. | 12,400 | 130,404 | ||||||
Shinmaywa Industries Ltd. | 12,700 | 118,622 | ||||||
Shinsho Corp. | 2,400 | 96,143 | ||||||
Ship Healthcare Holdings, Inc. | 7,900 | 130,086 | ||||||
Shoei Co. Ltd. | 4,100 | 75,399 | ||||||
Sinfonia Technology Co. Ltd. | 5,200 | 61,737 | ||||||
Sinko Industries Ltd. | 2,200 | 31,782 | ||||||
SKY Perfect JSAT Holdings, Inc. | 46,600 | 184,098 | ||||||
Sotetsu Holdings, Inc. | 8,300 | 145,602 | ||||||
SRA Holdings | 7,000 | 157,159 | ||||||
ST Corp. | 1,000 | 10,433 | ||||||
St. Marc Holdings Co. Ltd. | 4,100 | 53,415 | ||||||
Star Micronics Co. Ltd. | 9,800 | 121,775 | ||||||
Starts Corp., Inc.(a) | 9,700 | 197,510 | ||||||
Stella Chemifa Corp. | 900 | 19,459 | ||||||
Sumitomo Bakelite Co. Ltd. | 3,000 | 123,852 | ||||||
Sumitomo Mitsui Construction Co. Ltd. | 35,900 | 91,902 | ||||||
Sumitomo Osaka Cement Co. Ltd. | 2,400 | 63,149 | ||||||
Sun Frontier Fudousan Co. Ltd. | 15,000 | 148,096 | ||||||
Suzuden Corp. | 8,900 | 137,193 | ||||||
Systena Corp. | 20,600 | 41,618 | ||||||
T-Gaia Corp. | 10,100 | 121,031 | ||||||
T. Hasegawa Co. Ltd. | 2,900 | 68,821 | ||||||
Tachibana Eletech Co. Ltd. | 800 | 16,411 | ||||||
Taihei Dengyo Kaisha Ltd. | 3,200 | 94,095 | ||||||
Taiheiyo Cement Corp.(a) | 11,900 | 233,785 | ||||||
Taikisha Ltd. | 1,800 | 51,060 | ||||||
Taiyo Holdings Co. Ltd. | 9,200 | 169,570 | ||||||
Takamatsu Construction Group Co. Ltd.(a) | 200 | 3,581 | ||||||
Takara Bio, Inc. | 8,600 | 98,058 | ||||||
Takara Holdings, Inc. | 25,200 | 203,731 | ||||||
Takara Standard Co. Ltd.(a) | 11,500 | 146,162 | ||||||
Takasago International Corp.(a) | 800 | 14,944 | ||||||
Takasago Thermal Engineering Co. Ltd. | 8,600 | 143,398 | ||||||
Takeuchi Manufacturing Co. Ltd. | 3,800 | 116,470 | ||||||
Takuma Co. Ltd. | 10,800 | 110,290 | ||||||
Tama Home Co. Ltd. | 6,700 | 153,205 | ||||||
Tamron Co. Ltd.(a) | 6,900 | 191,673 | ||||||
Teijin Ltd. | 19,400 | 193,483 | ||||||
TKC Corp. | 3,300 | 88,702 | ||||||
Toagosei Co. Ltd.(a) | 23,200 | 206,743 | ||||||
Tocalo Co. Ltd. | 14,300 | 148,704 | ||||||
Toda Corp. | 33,604 | 187,858 | ||||||
Tokai Carbon Co. Ltd.(a) | 20,100 | 183,290 | ||||||
TOKAI Holdings Corp. | 25,200 | 157,091 | ||||||
Tokai Rika Co. Ltd. | 12,600 | 185,424 | ||||||
Tokai Tokyo Financial Holdings, Inc.(a) | 65,318 | 172,633 | ||||||
Token Corp. | 1,200 | 61,687 | ||||||
Tokuyama Corp. | 9,700 | 158,954 | ||||||
Tokyo Kiraboshi Financial Group, Inc. | 8,400 | 181,036 | ||||||
Tokyo Ohka Kogyo Co. Ltd. | 3,700 | 224,532 | ||||||
Tokyo Sangyo Co. Ltd. | 9,800 | 60,345 | ||||||
See Notes to Financial Statements.
| 46 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)
June 30, 2023
| Investments | Shares | Value | ||||||
Tokyo Seimitsu Co. Ltd.(a) | 8,600 | $ | 471,844 | |||||
Tokyo Steel Manufacturing Co. Ltd. | 13,700 | 128,720 | ||||||
Tokyu Construction Co. Ltd. | 200 | 1,028 | ||||||
Tomy Co. Ltd. | 12,200 | 152,780 | ||||||
Topcon Corp. | 11,000 | 160,432 | ||||||
Totech Corp. | 2,700 | 89,480 | ||||||
Totetsu Kogyo Co. Ltd. | 7,745 | 143,449 | ||||||
Toyo Construction Co. Ltd. | 11,400 | 85,736 | ||||||
Toyo Ink SC Holdings Co. Ltd.(a) | 10,328 | 155,418 | ||||||
Toyo Tire Corp.(a) | 20,900 | 275,394 | ||||||
Toyobo Co. Ltd. | 11,300 | 80,488 | ||||||
Transcosmos, Inc.(a) | 10,200 | 251,586 | ||||||
TS Tech Co. Ltd. | 14,400 | 180,729 | ||||||
Tsubakimoto Chain Co. | 9,256 | 234,706 | ||||||
Tsumura & Co. | 8,213 | 151,293 | ||||||
UACJ Corp. | 7,300 | 137,328 | ||||||
UBE Corp. | 12,400 | 211,950 | ||||||
Ulvac, Inc.(a) | 2,500 | 105,372 | ||||||
Valor Holdings Co. Ltd. | 10,500 | 144,930 | ||||||
Valqua Ltd.(a) | 7,500 | 203,670 | ||||||
VT Holdings Co. Ltd. | 35,500 | 134,352 | ||||||
Wacoal Holdings Corp. | 9,200 | 183,987 | ||||||
Wacom Co. Ltd. | 19,500 | 79,330 | ||||||
Wowow, Inc. | 6,900 | 54,566 | ||||||
YAMABIKO Corp.(a) | 10,400 | 112,034 | ||||||
Yamaguchi Financial Group, Inc. | 31,700 | 211,955 | ||||||
Yamaichi Electronics Co. Ltd. | 9,100 | 148,965 | ||||||
Yamazen Corp. | 19,900 | 152,140 | ||||||
Yaoko Co. Ltd.(a) | 1,100 | 54,949 | ||||||
Yellow Hat Ltd. | 11,200 | 143,434 | ||||||
Yokogawa Bridge Holdings Corp. | 9,100 | 158,975 | ||||||
Yokorei Co. Ltd. | 500 | 4,047 | ||||||
Yuasa Trading Co. Ltd. | 2,900 | 87,982 | ||||||
Yurtec Corp. | 25,100 | 149,522 | ||||||
Zenrin Co. Ltd. | 11,000 | 70,094 | ||||||
|
| |||||||
| Total Japan |
| 50,206,831 | ||||||
| Malaysia – 0.1% |
| |||||||
Frencken Group Ltd.(a) | 124,300 | 82,662 | ||||||
| Netherlands – 0.9% |
| |||||||
AMG Critical Materials NV | 3,364 | 174,294 | ||||||
Brunel International NV | 11,856 | 154,443 | ||||||
Corbion NV | 5,572 | 132,888 | ||||||
ForFarmers NV(a) | 37,365 | 112,104 | ||||||
Heijmans NV, CVA | 15,870 | 187,686 | ||||||
Ordina NV | 28,395 | 175,651 | ||||||
RHI Magnesita NV | 18,513 | 624,188 | ||||||
Sligro Food Group NV | 4,891 | 84,097 | ||||||
|
| |||||||
| Total Netherlands |
| 1,645,351 | ||||||
| Norway – 3.4% |
| |||||||
ABG Sundal Collier Holding ASA | 216,454 | 105,262 | ||||||
AF Gruppen ASA | 4,146 | 51,469 | ||||||
Aker Solutions ASA | 17,477 | 63,457 | ||||||
AMSC ASA* | 25,949 | 96,762 | ||||||
Atea ASA* | 23,523 | 342,518 | ||||||
Austevoll Seafood ASA | 57,209 | 395,952 | ||||||
Belships ASA | 193,391 | 304,702 | ||||||
Bonheur ASA | 2,909 | 70,597 | ||||||
Borregaard ASA | 8,653 | 128,258 | ||||||
Bouvet ASA | 20,160 | 122,124 | ||||||
DNO ASA(a) | 246,759 | 217,771 | ||||||
Elopak ASA | 32,795 | 71,476 | ||||||
Entra ASA(a)(b) | 40,138 | 364,532 | ||||||
Europris ASA(b) | 48,239 | 322,387 | ||||||
Grieg Seafood ASA(a) | 24,324 | 152,343 | ||||||
Kid ASA(a)(b) | 14,339 | 100,915 | ||||||
MPC Container Ships ASA | 390,621 | 667,591 | ||||||
OKEA ASA | 35,987 | 103,189 | ||||||
Pareto Bank ASA | 19,011 | 88,635 | ||||||
Protector Forsikring ASA | 22,127 | 341,192 | ||||||
Rana Gruber ASA | 39,323 | 205,175 | ||||||
Selvaag Bolig ASA | 22,697 | 68,429 | ||||||
SpareBank 1 Nord Norge | 28,365 | 257,080 | ||||||
SpareBank 1 Oestlandet | 12,184 | 147,843 | ||||||
SpareBank 1 SMN | 36,858 | 485,085 | ||||||
Sparebanken Vest | 11,091 | 106,629 | ||||||
TGS ASA | 18,797 | 280,195 | ||||||
Veidekke ASA | 25,512 | 273,848 | ||||||
|
| |||||||
| Total Norway |
| 5,935,416 | ||||||
| Portugal – 1.5% |
| |||||||
Altri SGPS SA(a) | 41,920 | 190,348 | ||||||
Banco Comercial Portugues SA, Class R* | 539,812 | 129,330 | ||||||
Corticeira Amorim SGPS SA | 19,485 | 205,566 | ||||||
CTT – Correios de Portugal SA | 35,312 | 134,261 | ||||||
Greenvolt-Energias Renovaveis SA* | 1 | 9 | ||||||
NOS SGPS SA | 228,694 | 812,389 | ||||||
REN – Redes Energeticas Nacionais SGPS SA | 282,984 | 770,296 | ||||||
Sonae SGPS SA | 502,730 | 494,179 | ||||||
|
| |||||||
| Total Portugal |
| 2,736,378 | ||||||
| Singapore – 3.3% |
| |||||||
AEM Holdings Ltd.(a) | 86,400 | 236,852 | ||||||
Aztech Global Ltd. | 222,000 | 118,107 | ||||||
Capitaland India Trust | 407,200 | 343,007 | ||||||
Geo Energy Resources Ltd.(a) | 1,100,200 | 182,913 | ||||||
Hour Glass Ltd. | 215,200 | 318,026 | ||||||
Japfa Ltd.(a) | 236,400 | 37,556 | ||||||
Jiutian Chemical Group Ltd. | 2,632,500 | 106,985 | ||||||
Kenon Holdings Ltd. | 22,570 | 526,093 | ||||||
Keppel DC REIT | 570,000 | 909,742 | ||||||
Keppel Infrastructure Trust | 1,785,250 | 672,758 | ||||||
Parkway Life Real Estate Investment Trust | 166,600 | 480,098 | ||||||
Raffles Medical Group Ltd. | 201,100 | 202,088 | ||||||
Samudera Shipping Line Ltd.(a) | 403,800 | 258,091 | ||||||
Sheng Siong Group Ltd. | 427,200 | 517,684 | ||||||
Silverlake Axis Ltd. | 432,600 | 97,494 | ||||||
Singapore Post Ltd. | 454,200 | 151,025 | ||||||
StarHub Ltd. | 283,800 | 218,090 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 47 |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)
June 30, 2023
| Investments | Shares | Value | ||||||
UMS Holdings Ltd.(a) | 295,225 | $ | 231,232 | |||||
Wing Tai Holdings Ltd. | 211,900 | 230,164 | ||||||
|
| |||||||
| Total Singapore |
| 5,838,005 | ||||||
| Spain – 2.0% |
| |||||||
Almirall SA(a) | 16,470 | 136,113 | ||||||
Applus Services SA | 16,713 | 179,877 | ||||||
Atresmedia Corp. de Medios de Comunicacion SA(a) | 126,745 | 482,870 | ||||||
Construcciones y Auxiliar de Ferrocarriles SA(a) | 5,890 | 197,599 | ||||||
Ence Energia y Celulosa SA(a) | 89,521 | 281,868 | ||||||
Ercros SA | 21,160 | 73,643 | ||||||
Faes Farma SA(a) | 93,290 | 323,659 | ||||||
Gestamp Automocion SA(b) | 65,458 | 307,797 | ||||||
Global Dominion Access SA(b) | 17,277 | 73,983 | ||||||
Indra Sistemas SA(a) | 14,175 | 179,084 | ||||||
Linea Directa Aseguradora SA Cia de Seguros y Reaseguros(a) | 270,874 | 243,807 | ||||||
Neinor Homes SA*(b) | 15,978 | 160,897 | ||||||
Pharma Mar SA | 820 | 27,250 | ||||||
Prosegur Cash SA(a)(b) | 135,167 | 87,596 | ||||||
Prosegur Cia de Seguridad SA(a) | 128,470 | 228,182 | ||||||
Sacyr SA(a) | 149,310 | 509,543 | ||||||
Talgo SA*(a)(b) | 16,710 | 61,073 | ||||||
|
| |||||||
| Total Spain |
| 3,554,841 | ||||||
| Sweden – 6.0% |
| |||||||
AcadeMedia AB(b) | 18,310 | 85,352 | ||||||
AddLife AB, Class B | 9,376 | 105,641 | ||||||
AFRY AB | 20,399 | 300,660 | ||||||
Akelius Residential Property AB, Class D | 73,103 | 143,879 | ||||||
Alimak Group AB(b) | 8,819 | 68,747 | ||||||
Atrium Ljungberg AB, Class B(a) | 21,670 | 374,364 | ||||||
Beijer Alma AB | 7,689 | 160,524 | ||||||
Betsson AB, Class B* | 27,077 | 287,784 | ||||||
Bilia AB, Class A | 27,266 | 283,734 | ||||||
Bravida Holding AB(b) | 30,758 | 295,013 | ||||||
Bufab AB | 3,190 | 108,920 | ||||||
Catella AB | 24,441 | 59,964 | ||||||
Catena AB | 4,886 | 178,589 | ||||||
Clas Ohlson AB, Class B(a) | 23,717 | 177,637 | ||||||
Cloetta AB, Class B | 67,227 | 122,052 | ||||||
Coor Service Management Holding AB(b) | 29,568 | 144,811 | ||||||
Corem Property Group AB, Class B(a) | 281,408 | 131,959 | ||||||
Dios Fastigheter AB | 32,730 | 208,629 | ||||||
Dometic Group AB(b) | 61,269 | 402,738 | ||||||
Electrolux Professional AB, Class B | 19,510 | 105,666 | ||||||
Elekta AB, Class B(a) | 69,046 | 532,741 | ||||||
Fagerhult AB(a) | 15,315 | 96,983 | ||||||
Granges AB | 16,608 | 158,218 | ||||||
HMS Networks AB | 2,701 | 132,033 | ||||||
Instalco AB | 24,019 | 119,747 | ||||||
Inwido AB | 18,921 | 171,933 | ||||||
JM AB | 26,659 | 354,670 | ||||||
KNOW IT AB | 4,969 | 80,231 | ||||||
Lagercrantz Group AB, Class B | 17,656 | 227,212 | ||||||
Lindab International AB | 12,197 | 173,222 | ||||||
Loomis AB | 10,223 | 297,756 | ||||||
MEKO AB | 10,260 | 105,817 | ||||||
MIPS AB(a) | 2,233 | 110,438 | ||||||
Munters Group AB(b) | 11,378 | 128,830 | ||||||
Mycronic AB | 8,814 | 217,875 | ||||||
NCC AB, Class B | 27,140 | 236,818 | ||||||
New Wave Group AB, Class B(a) | 12,422 | 109,070 | ||||||
Nolato AB, Class B | 39,479 | 185,310 | ||||||
Nordic Paper Holding AB | 32,924 | 94,798 | ||||||
Nordic Waterproofing Holding AB | 6,182 | 78,868 | ||||||
Peab AB, Class B | 100,865 | 400,050 | ||||||
Platzer Fastigheter Holding AB, Class B | 16,026 | 118,548 | ||||||
Ratos AB, Class B | 40,322 | 112,813 | ||||||
Resurs Holding AB(b) | 104,072 | 193,088 | ||||||
Rottneros AB | 44,728 | 47,953 | ||||||
Sagax AB, Class D | 69,649 | 168,298 | ||||||
Samhallsbyggnadsbolaget i Norden AB, Class D(a) | 122,500 | 50,332 | ||||||
Sectra AB, Class B* | 6,426 | 107,623 | ||||||
Skandinaviska Enskilda Banken AB, Class C(a) | 1,696 | 19,784 | ||||||
SkiStar AB | 5,604 | 59,873 | ||||||
SSAB AB, Class A | 188,962 | 1,340,419 | ||||||
Svenska Handelsbanken AB, Class B(a) | 3,177 | 31,649 | ||||||
Synsam AB | 19,626 | 80,766 | ||||||
Tethys Oil AB* | 5,950 | 26,854 | ||||||
Troax Group AB | 6,144 | 121,045 | ||||||
Wihlborgs Fastigheter AB(a) | 62,143 | 448,757 | ||||||
|
| |||||||
| Total Sweden |
| 10,687,085 | ||||||
| Switzerland – 1.5% |
| |||||||
Arbonia AG | 8,619 | 97,495 | ||||||
Comet Holding AG, Registered Shares | 933 | 238,191 | ||||||
Huber + Suhner AG, Registered Shares | 3,100 | 255,720 | ||||||
Landis & Gyr Group AG*(a) | 4,985 | 427,930 | ||||||
Medmix AG(b) | 6,647 | 175,713 | ||||||
Mobilezone Holding AG, Registered Shares | 17,145 | 262,929 | ||||||
Sulzer AG, Registered Shares | 8,481 | 728,988 | ||||||
Swissquote Group Holding SA, Registered Shares | 1,441 | 299,104 | ||||||
u-blox Holding AG* | 662 | 72,590 | ||||||
Zehnder Group AG | 1,492 | 120,741 | ||||||
|
| |||||||
| Total Switzerland |
| 2,679,401 | ||||||
| United Kingdom – 14.1% |
| |||||||
AG Barr PLC | 19,986 | 119,423 | ||||||
AJ Bell PLC | 40,896 | 166,898 | ||||||
Alliance Pharma PLC(a) | 76,158 | 48,267 | ||||||
Ashmore Group PLC | 271,171 | 717,087 | ||||||
Assura PLC | 1,091,877 | 630,224 | ||||||
Begbies Traynor Group PLC | 22,922 | 38,394 | ||||||
Bloomsbury Publishing PLC | 23,271 | 128,993 | ||||||
Bodycote PLC | 33,182 | 270,412 | ||||||
Bridgepoint Group PLC(a)(b)(c) | 107,459 | 276,788 | ||||||
Bytes Technology Group PLC | 25,643 | 171,972 | ||||||
See Notes to Financial Statements.
| 48 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)
June 30, 2023
| Investments | Shares | Value | ||||||
Central Asia Metals PLC | 99,617 | $ | 228,220 | |||||
Chemring Group PLC | 37,020 | 133,195 | ||||||
Chesnara PLC | 43,712 | 150,326 | ||||||
Clarkson PLC | 4,514 | 169,871 | ||||||
Close Brothers Group PLC | 44,334 | 496,849 | ||||||
CLS Holdings PLC | 122,098 | 209,870 | ||||||
CMC Markets PLC(b) | 65,799 | 128,659 | ||||||
Coats Group PLC | 220,070 | 194,731 | ||||||
Concentric AB | 3,764 | 71,612 | ||||||
Craneware PLC(a) | 3,126 | 54,248 | ||||||
Cranswick PLC | 9,291 | 383,421 | ||||||
Crest Nicholson Holdings PLC | 93,130 | 223,067 | ||||||
Currys PLC | 249,689 | 166,181 | ||||||
CVS Group PLC | 1,652 | 41,564 | ||||||
DFS Furniture PLC | 84,969 | 116,667 | ||||||
DiscoverIE Group PLC | 7,784 | 83,128 | ||||||
Diversified Energy Co. PLC | 455,981 | 512,465 | ||||||
Domino’s Pizza Group PLC | 88,114 | 309,186 | ||||||
Dunelm Group PLC | 44,334 | 631,841 | ||||||
EMIS Group PLC | 6,187 | 107,762 | ||||||
Empiric Student Property PLC | 231,449 | 247,761 | ||||||
Essentra PLC | 40,970 | 84,486 | ||||||
FDM Group Holdings PLC | 30,346 | 216,436 | ||||||
Fevertree Drinks PLC | 9,724 | 150,700 | ||||||
Firstgroup PLC | 57,192 | 106,086 | ||||||
Forterra PLC(b) | 84,090 | 172,763 | ||||||
FRP Advisory Group PLC | 38,867 | 61,767 | ||||||
Galliford Try Holdings PLC | 40,284 | 99,665 | ||||||
Gamma Communications PLC | 5,781 | 83,933 | ||||||
Genuit Group PLC | 48,038 | 179,250 | ||||||
Genus PLC | 3,697 | 101,806 | ||||||
Grainger PLC | 78,465 | 226,647 | ||||||
Great Portland Estates PLC | 30,016 | 158,368 | ||||||
Greggs PLC | 13,633 | 442,668 | ||||||
Halfords Group PLC | 51,712 | 141,744 | ||||||
Hammerson PLC(a) | 484,381 | 153,339 | ||||||
Headlam Group PLC | 36,963 | 117,012 | ||||||
Helical PLC | 28,005 | 92,571 | ||||||
Henry Boot PLC | 8,292 | 22,138 | ||||||
Hill & Smith PLC | 11,073 | 211,447 | ||||||
Hilton Food Group PLC | 19,553 | 155,118 | ||||||
Hunting PLC | 24,839 | 62,969 | ||||||
I3 Energy PLC | 402,451 | 70,916 | ||||||
Ibstock PLC(b) | 152,991 | 272,113 | ||||||
Impax Asset Management Group PLC | 21,242 | 153,664 | ||||||
IntegraFin Holdings PLC | 63,626 | 191,712 | ||||||
iomart Group PLC | 26,964 | 59,237 | ||||||
Jadestone Energy PLC | 128,897 | 57,356 | ||||||
James Halstead PLC(a) | 47,217 | 126,662 | ||||||
Kainos Group PLC | 10,623 | 166,389 | ||||||
Keller Group PLC | 16,895 | 150,356 | ||||||
Learning Technologies Group PLC | 61,336 | 64,450 | ||||||
Liontrust Asset Management PLC | 29,404 | 267,661 | ||||||
Londonmetric Property PLC | 316,255 | 665,025 | ||||||
Lookers PLC | 112,602 | 171,215 | ||||||
LSL Property Services PLC | 19,171 | 68,245 | ||||||
ME Group International PLC | 164,405 | 341,951 | ||||||
Mears Group PLC | 32,978 | 122,006 | ||||||
Mitie Group PLC | 176,650 | 216,499 | ||||||
MJ Gleeson PLC(a) | 15,085 | 71,727 | ||||||
Moneysupermarket.com Group PLC | 156,216 | 537,823 | ||||||
Morgan Advanced Materials PLC | 55,950 | 195,258 | ||||||
Morgan Sindall Group PLC | 12,895 | 300,011 | ||||||
Mortgage Advice Bureau Holdings Ltd.(a) | 8,235 | 61,770 | ||||||
NCC Group PLC | 37,794 | 46,464 | ||||||
Next 15 Group PLC | 8,007 | 69,120 | ||||||
Ninety One PLC(a) | 214,474 | 458,088 | ||||||
Oxford Instruments PLC | 3,470 | 120,436 | ||||||
Pagegroup PLC | 147,617 | 753,695 | ||||||
Pan African Resources PLC | 489,654 | 77,940 | ||||||
PayPoint PLC | 28,310 | 173,661 | ||||||
Pets at Home Group PLC | 96,242 | 460,798 | ||||||
Premier Foods PLC | 46,011 | 74,524 | ||||||
Primary Health Properties PLC(a) | 322,886 | 391,824 | ||||||
PZ Cussons PLC | 64,242 | 132,312 | ||||||
Quilter PLC(b) | 374,788 | 377,378 | ||||||
Redde Northgate PLC | 72,869 | 347,408 | ||||||
Redrow PLC | 120,635 | 676,359 | ||||||
Ricardo PLC | 10,498 | 76,343 | ||||||
RWS Holdings PLC | 70,488 | 210,954 | ||||||
Safestore Holdings PLC | 41,446 | 447,359 | ||||||
Savills PLC | 27,747 | 300,200 | ||||||
Serica Energy PLC | 100,754 | 269,509 | ||||||
Shaftesbury Capital PLC | 80,221 | 117,389 | ||||||
Smart Metering Systems PLC | 27,370 | 239,402 | ||||||
Speedy Hire PLC | 236,211 | 108,411 | ||||||
Spirent Communications PLC | 57,828 | 120,278 | ||||||
SThree PLC | 22,583 | 98,048 | ||||||
TBC Bank Group PLC | 17,594 | 552,493 | ||||||
Telecom Plus PLC | 15,142 | 325,338 | ||||||
TORM PLC, Class A | 13,209 | 317,797 | ||||||
TP ICAP Group PLC | 188,112 | 361,604 | ||||||
Travis Perkins PLC | 43,770 | 452,076 | ||||||
TT Electronics PLC | 38,012 | 76,163 | ||||||
Tyman PLC | 58,238 | 189,915 | ||||||
Vesuvius PLC | 76,979 | 389,903 | ||||||
Victrex PLC | 12,729 | 225,268 | ||||||
VIDENDUM PLC | 11,164 | 98,218 | ||||||
Virgin Money UK PLC | 184,438 | 350,673 | ||||||
Volution Group PLC | 19,657 | 94,516 | ||||||
Watkin Jones PLC(a) | 122,671 | 111,354 | ||||||
Wickes Group PLC | 121,817 | 189,718 | ||||||
Wincanton PLC | 31,475 | 100,640 | ||||||
Workspace Group PLC | 49,754 | 299,069 | ||||||
XPS Pensions Group PLC | 58,568 | 129,934 | ||||||
Young & Co.’s Brewery PLC, Class A | 3,797 | 57,928 | ||||||
|
| |||||||
| Total United Kingdom |
| 25,072,548 | ||||||
TOTAL COMMON STOCKS (Cost: $168,959,885) |
| 175,974,656 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 49 |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)
June 30, 2023
| Investments | Shares | Value | ||||||
| RIGHTS – 0.0% |
| |||||||
| Australia – 0.0% |
| |||||||
Abacus Property Group, expiring 7/27/23*† | 77,429 | $ | 0 | |||||
| Singapore – 0.0% |
| |||||||
CapitaLand India Trust Management Pte. Ltd., expiring 7/10/23* | 46,743 | 2,763 | ||||||
| Spain – 0.0% |
| |||||||
Sacyr SA, expiring 7/4/23*(a) | 144,002 | 12,898 | ||||||
TOTAL RIGHTS (Cost: $12,271) |
| 15,661 | ||||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 7.7% |
| |||||||
| United States – 7.7% |
| |||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 5.11%(d) | ||||||||
| (Cost: $13,610,754) | 13,610,754 | 13,610,754 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 106.9% (Cost: $182,582,910) |
| 189,601,071 | ||||||
Other Assets less Liabilities – (6.9)% |
| (12,303,185 | ) | |||||
|
| |||||||
| NET ASSETS – 100.0% |
| $ | 177,297,886 | |||||
| * | Non-income producing security. |
| ‡ | Share amount represents a fractional share. |
| † | This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $0, which represents 0.0% of net assets. |
| (a) | Security, or portion thereof, was on loan at June 30, 2023 (See Note 2). At June 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $28,168,424 and the total market value of the collateral held by the Fund was $29,725,254. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $16,114,500. |
| (b) | This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers. |
| (c) | This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. |
| (d) | Rate shown represents annualized 7-day yield as of June 30, 2023. |
| FINANCIAL DERIVATIVE INSTRUMENTS | ||||||||||||||||||||||||||||
| FOREIGN CURRENCY CONTRACTS (OTC — OVER THE COUNTER) | ||||||||||||||||||||||||||||
| Counterparty | Settlement Date | Amount and Description of Currency to be Purchased | Amount and Description of Currency to be Sold | Unrealized Appreciation | Unrealized Depreciation | |||||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 3,333,081 | AUD | 2,218,742 | USD | $ | — | $ | (15 | ) | ||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 149,551 | CHF | 167,177 | USD | 1 | — | |||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 1,026,307 | DKK | 150,386 | USD | 1 | — | |||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 1,042,228 | EUR | 1,137,111 | USD | 13 | — | |||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 2,008,102 | GBP | 2,552,994 | USD | 22 | — | |||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 2,180,058 | ILS | 587,495 | USD | — | (17 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 673,343,927 | JPY | 4,659,323 | USD | 56 | — | |||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 5,802,589 | NOK | 541,627 | USD | 3 | — | |||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 3,485,924 | SEK | 322,743 | USD | 3 | — | |||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 1,075,593 | SGD | 794,807 | USD | — | (14 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 2,072,671 | USD | 3,198,635 | AUD | — | (56,560 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 157,918 | USD | 233,998 | AUD | 2,153 | — | |||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 156,171 | USD | 142,208 | CHF | — | (2,799 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 11,899 | USD | 10,707 | CHF | — | (70 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 140,485 | USD | 979,086 | DKK | — | (2,982 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 10,704 | USD | 74,039 | DKK | — | (145 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 1,062,249 | USD | 994,376 | EUR | — | (22,667 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 80,933 | USD | 75,138 | EUR | — | (1,046 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 2,384,919 | USD | 1,922,821 | GBP | — | (59,675 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 181,708 | USD | 144,367 | GBP | — | (1,834 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 548,818 | USD | 2,046,650 | ILS | — | (2,710 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 41,814 | USD | 149,993 | ILS | 1,394 | — | |||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 4,352,576 | USD | 604,907,519 | JPY | 166,760 | — | |||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 331,625 | USD | 46,055,881 | JPY | 12,929 | — | |||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 505,969 | USD | 5,628,773 | NOK | — | (19,436 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 38,550 | USD | 413,795 | NOK | — | (75 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 301,495 | USD | 3,275,228 | SEK | — | (1,743 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 22,971 | USD | 248,448 | SEK | — | (32 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 742,481 | USD | 1,004,899 | SGD | — | (74 | ) | ||||||||||||||||||||
Barclays Bank PLC | 7/6/2023 | 56,570 | USD | 75,936 | SGD | 458 | — | |||||||||||||||||||||
See Notes to Financial Statements.
| 50 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)
June 30, 2023
| FINANCIAL DERIVATIVE INSTRUMENTS | ||||||||||||||||||||||||||||
| FOREIGN CURRENCY CONTRACTS (OTC — OVER THE COUNTER) | ||||||||||||||||||||||||||||
| Counterparty | Settlement Date | Amount and Description of Currency to be Purchased | Amount and Description of Currency to be Sold | Unrealized Appreciation | Unrealized Depreciation | |||||||||||||||||||||||
Barclays Bank PLC | 8/3/2023 | 5,330,774 | USD | 8,002,087 | AUD | $ | — | $ | (219 | ) | ||||||||||||||||||
Barclays Bank PLC | 8/3/2023 | 1,052,039 | USD | 7,167,981 | DKK | — | (43 | ) | ||||||||||||||||||||
Barclays Bank PLC | 8/3/2023 | 8,078,303 | USD | 7,394,104 | EUR | — | (113 | ) | ||||||||||||||||||||
Barclays Bank PLC | 8/3/2023 | 5,048,888 | USD | 3,970,447 | GBP | 11 | — | |||||||||||||||||||||
Barclays Bank PLC | 8/3/2023 | 597,903 | USD | 2,217,271 | ILS | — | (41 | ) | ||||||||||||||||||||
Barclays Bank PLC | 8/3/2023 | 11,105,551 | USD | 1,598,192,070 | JPY | — | (350 | ) | ||||||||||||||||||||
Barclays Bank PLC | 8/3/2023 | 1,274,118 | USD | 13,636,575 | NOK | — | (58 | ) | ||||||||||||||||||||
Barclays Bank PLC | 8/3/2023 | 2,306,921 | USD | 24,886,044 | SEK | — | (63 | ) | ||||||||||||||||||||
Barclays Bank PLC | 8/3/2023 | 804,574 | USD | 1,087,765 | SGD | — | (10 | ) | ||||||||||||||||||||
Barclays Bank PLC | 8/4/2023 | 590,320 | USD | 526,541 | CHF | — | (22 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 3,333,133 | AUD | 2,218,743 | USD | 19 | — | |||||||||||||||||||||
Citibank NA | 7/6/2023 | 149,552 | CHF | 167,177 | USD | 2 | — | |||||||||||||||||||||
Citibank NA | 7/6/2023 | 1,026,311 | DKK | 150,386 | USD | 1 | — | |||||||||||||||||||||
Citibank NA | 7/6/2023 | 1,042,223 | EUR | 1,137,110 | USD | 9 | — | |||||||||||||||||||||
Citibank NA | 7/6/2023 | 2,008,103 | GBP | 2,552,996 | USD | 22 | — | |||||||||||||||||||||
Citibank NA | 7/6/2023 | 2,180,098 | ILS | 587,496 | USD | — | (7 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 673,341,741 | JPY | 4,659,324 | USD | 40 | — | |||||||||||||||||||||
Citibank NA | 7/6/2023 | 5,802,596 | NOK | 541,627 | USD | 4 | — | |||||||||||||||||||||
Citibank NA | 7/6/2023 | 3,485,924 | SEK | 322,743 | USD | 3 | — | |||||||||||||||||||||
Citibank NA | 7/6/2023 | 1,075,597 | SGD | 794,807 | USD | — | (11 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 2,072,671 | USD | 3,198,611 | AUD | — | (56,544 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 156,171 | USD | 142,204 | CHF | — | (2,794 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 140,485 | USD | 979,041 | DKK | — | (2,976 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 1,062,249 | USD | 994,378 | EUR | — | (22,669 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 2,384,919 | USD | 1,922,821 | GBP | — | (59,675 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 548,818 | USD | 2,046,700 | ILS | — | (2,723 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 4,352,576 | USD | 604,916,224 | JPY | 166,700 | — | |||||||||||||||||||||
Citibank NA | 7/6/2023 | 505,969 | USD | 5,628,655 | NOK | — | (19,425 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 301,495 | USD | 3,275,183 | SEK | — | (1,739 | ) | ||||||||||||||||||||
Citibank NA | 7/6/2023 | 742,481 | USD | 1,004,921 | SGD | — | (90 | ) | ||||||||||||||||||||
Citibank NA | 8/3/2023 | 5,330,774 | USD | 8,002,014 | AUD | — | (171 | ) | ||||||||||||||||||||
Citibank NA | 8/3/2023 | 1,052,038 | USD | 7,168,037 | DKK | — | (52 | ) | ||||||||||||||||||||
Citibank NA | 8/3/2023 | 8,078,303 | USD | 7,394,016 | EUR | — | (17 | ) | ||||||||||||||||||||
Citibank NA | 8/3/2023 | 5,048,888 | USD | 3,970,544 | GBP | — | (112 | ) | ||||||||||||||||||||
Citibank NA | 8/3/2023 | 597,902 | USD | 2,217,200 | ILS | — | (23 | ) | ||||||||||||||||||||
Citibank NA | 8/3/2023 | 11,105,550 | USD | 1,598,184,152 | JPY | — | (296 | ) | ||||||||||||||||||||
Citibank NA | 8/3/2023 | 1,274,117 | USD | 13,636,653 | NOK | — | (66 | ) | ||||||||||||||||||||
Citibank NA | 8/3/2023 | 2,306,923 | USD | 24,886,352 | SEK | — | (89 | ) | ||||||||||||||||||||
Citibank NA | 8/3/2023 | 804,576 | USD | 1,087,777 | SGD | — | (18 | ) | ||||||||||||||||||||
Citibank NA | 8/4/2023 | 590,322 | USD | 526,541 | CHF | — | (20 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 70,947 | AUD | 47,386 | USD | — | (159 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 3,192 | CHF | 3,570 | USD | — | (2 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 21,915 | DKK | 3,212 | USD | — | (1 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 22,253 | EUR | 24,285 | USD | — | (6 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 42,896 | GBP | 54,524 | USD | 12 | — | |||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 45,582 | ILS | 12,547 | USD | — | (263 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 14,266,504 | JPY | 99,509 | USD | — | (788 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 123,794 | NOK | 11,568 | USD | — | (13 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 73,733 | SEK | 6,893 | USD | — | (66 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 22,970 | SGD | 16,974 | USD | — | (0 | )^ | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 157,918 | USD | 235,267 | AUD | 1,308 | — | |||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 11,899 | USD | 10,693 | CHF | — | (55 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 10,704 | USD | 73,942 | DKK | — | (131 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 80,933 | USD | 75,042 | EUR | — | (942 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 181,708 | USD | 144,899 | GBP | — | (2,511 | ) | ||||||||||||||||||||
See Notes to Financial Statements.
| WisdomTree Trust | 51 |
Schedule of Investments (continued)
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)
June 30, 2023
| FINANCIAL DERIVATIVE INSTRUMENTS | ||||||||||||||||||||||||||||
| FOREIGN CURRENCY CONTRACTS (OTC — OVER THE COUNTER) | ||||||||||||||||||||||||||||
| Counterparty | Settlement Date | Amount and Description of Currency to be Purchased | Amount and Description of Currency to be Sold | Unrealized Appreciation | Unrealized Depreciation | |||||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 41,814 | USD | 152,710 | ILS | $ | 662 | $ | — | |||||||||||||||||||
Goldman Sachs | 7/6/2023 | 331,625 | USD | 45,919,540 | JPY | 13,873 | — | |||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 38,550 | USD | 419,429 | NOK | — | (601 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 22,971 | USD | 248,131 | SEK | — | (2 | ) | ||||||||||||||||||||
Goldman Sachs | 7/6/2023 | 56,570 | USD | 75,944 | SGD | 453 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 3,333,143 | AUD | 2,218,743 | USD | 25 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 149,552 | CHF | 167,177 | USD | 2 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 1,026,313 | DKK | 150,386 | USD | 1 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 1,042,227 | EUR | 1,137,110 | USD | 13 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 2,008,108 | GBP | 2,552,996 | USD | 28 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 2,180,092 | ILS | 587,496 | USD | — | (8 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 673,342,673 | JPY | 4,659,324 | USD | 47 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 5,802,557 | NOK | 541,627 | USD | — | (0 | )^ | ||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 3,485,931 | SEK | 322,743 | USD | 3 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/6/2023 | 1,075,600 | SGD | 794,807 | USD | — | (8 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 8/3/2023 | 5,330,774 | USD | 8,002,039 | AUD | — | (187 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 8/3/2023 | 1,052,038 | USD | 7,167,985 | DKK | — | (45 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 8/3/2023 | 8,078,303 | USD | 7,394,071 | EUR | — | (76 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 8/3/2023 | 5,048,888 | USD | 3,970,406 | GBP | 63 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 8/3/2023 | 597,902 | USD | 2,217,268 | ILS | — | (41 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 8/3/2023 | 11,105,550 | USD | 1,598,189,705 | JPY | — | (334 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 8/3/2023 | 1,274,117 | USD | 13,636,315 | NOK | — | (35 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 8/3/2023 | 2,306,923 | USD | 24,886,308 | SEK | — | (85 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 8/3/2023 | 804,576 | USD | 1,087,749 | SGD | 3 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 8/4/2023 | 590,322 | USD | 526,542 | CHF | — | (21 | ) | ||||||||||||||||||||
Morgan Stanley & Co. International | 7/6/2023 | 315,836 | USD | 472,938 | AUD | 1,016 | — | |||||||||||||||||||||
Morgan Stanley & Co. International | 7/6/2023 | 23,798 | USD | 21,356 | CHF | — | (75 | ) | ||||||||||||||||||||
Morgan Stanley & Co. International | 7/6/2023 | 21,407 | USD | 146,406 | DKK | — | (46 | ) | ||||||||||||||||||||
Morgan Stanley & Co. International | 7/6/2023 | 161,866 | USD | 148,673 | EUR | — | (344 | ) | ||||||||||||||||||||
Morgan Stanley & Co. International | 7/6/2023 | 363,416 | USD | 285,923 | GBP | — | (95 | ) | ||||||||||||||||||||
Morgan Stanley & Co. International | 7/6/2023 | 83,630 | USD | 303,449 | ILS | 1,857 | — | |||||||||||||||||||||
Morgan Stanley & Co. International | 7/6/2023 | 663,250 | USD | 95,207,578 | JPY | 4,436 | — | |||||||||||||||||||||
Morgan Stanley & Co. International | 7/6/2023 | 77,100 | USD | 837,701 | NOK | — | (1,093 | ) | ||||||||||||||||||||
Morgan Stanley & Co. International | 7/6/2023 | 45,942 | USD | 493,603 | SEK | 242 | — | |||||||||||||||||||||
Morgan Stanley & Co. International | 7/6/2023 | 113,140 | USD | 153,033 | SGD | 59 | — | |||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 3,333,133 | AUD | 2,218,743 | USD | 19 | — | |||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 149,552 | CHF | 167,177 | USD | 2 | — | |||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 1,026,299 | DKK | 150,386 | USD | — | (1 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 1,042,274 | EUR | 1,137,110 | USD | 66 | — | |||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 2,008,106 | GBP | 2,552,996 | USD | 26 | — | |||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 2,180,135 | ILS | 587,496 | USD | 3 | — | |||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 673,348,940 | JPY | 4,659,324 | USD | 90 | — | |||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 5,802,522 | NOK | 541,627 | USD | — | (3 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 3,485,914 | SEK | 322,743 | USD | 2 | — | |||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 1,075,590 | SGD | 794,807 | USD | — | (16 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 2,072,672 | USD | 3,198,390 | AUD | — | (56,396 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 156,169 | USD | 142,201 | CHF | — | (2,793 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 140,486 | USD | 979,023 | DKK | — | (2,972 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 1,062,247 | USD | 994,379 | EUR | — | (22,672 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 2,384,917 | USD | 1,922,774 | GBP | — | (59,618 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 548,818 | USD | 2,046,778 | ILS | — | (2,744 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 4,352,576 | USD | 604,926,222 | JPY | 166,631 | — | |||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 505,969 | USD | 5,628,618 | NOK | — | (19,422 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 301,496 | USD | 3,275,058 | SEK | — | (1,726 | ) | ||||||||||||||||||||
Royal Bank of Canada | 7/6/2023 | 742,479 | USD | 1,004,895 | SGD | — | (73 | ) | ||||||||||||||||||||
See Notes to Financial Statements.
| 52 | WisdomTree Trust |
Schedule of Investments (concluded)
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS)
June 30, 2023
| FINANCIAL DERIVATIVE INSTRUMENTS | ||||||||||||||||||||||||||||
| FOREIGN CURRENCY CONTRACTS (OTC — OVER THE COUNTER) | ||||||||||||||||||||||||||||
| Counterparty | Settlement Date | Amount and Description of Currency to be Purchased | Amount and Description of Currency to be Sold | Unrealized Appreciation | Unrealized Depreciation | |||||||||||||||||||||||
Royal Bank of Canada | 8/3/2023 | 5,330,774 | USD | 8,002,147 | AUD | $ | — | $ | (259 | ) | ||||||||||||||||||
Royal Bank of Canada | 8/3/2023 | 1,052,038 | USD | 7,168,139 | DKK | — | (67 | ) | ||||||||||||||||||||
Royal Bank of Canada | 8/3/2023 | 8,078,303 | USD | 7,394,436 | EUR | — | (475 | ) | ||||||||||||||||||||
Royal Bank of Canada | 8/3/2023 | 5,048,888 | USD | 3,970,466 | GBP | — | (12 | ) | ||||||||||||||||||||
Royal Bank of Canada | 8/3/2023 | 597,902 | USD | 2,218,610 | ILS | — | (403 | ) | ||||||||||||||||||||
Royal Bank of Canada | 8/3/2023 | 11,105,550 | USD | 1,598,210,195 | JPY | — | (477 | ) | ||||||||||||||||||||
Royal Bank of Canada | 8/3/2023 | 1,274,117 | USD | 13,636,574 | NOK | — | (59 | ) | ||||||||||||||||||||
Royal Bank of Canada | 8/3/2023 | 2,306,923 | USD | 24,886,093 | SEK | — | (65 | ) | ||||||||||||||||||||
Royal Bank of Canada | 8/3/2023 | 804,576 | USD | 1,087,758 | SGD | — | (3 | ) | ||||||||||||||||||||
Royal Bank of Canada | 8/4/2023 | 590,322 | USD | 526,550 | CHF | — | (30 | ) | ||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 2,072,671 | USD | 3,198,581 | AUD | — | (56,524 | ) | ||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 156,171 | USD | 142,199 | CHF | — | (2,788 | ) | ||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 140,485 | USD | 979,138 | DKK | — | (2,990 | ) | ||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 1,062,249 | USD | 994,382 | EUR | — | (22,674 | ) | ||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 2,384,919 | USD | 1,922,784 | GBP | — | (59,627 | ) | ||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 548,818 | USD | 2,046,789 | ILS | — | (2,747 | ) | ||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 4,352,576 | USD | 604,921,012 | JPY | 166,667 | — | |||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 505,969 | USD | 5,628,839 | NOK | — | (19,443 | ) | ||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 301,495 | USD | 3,275,321 | SEK | — | (1,752 | ) | ||||||||||||||||||||
Standard Chartered Bank | 7/6/2023 | 742,481 | USD | 1,004,883 | SGD | — | (62 | ) | ||||||||||||||||||||
| $ | 708,213 | $ | (689,256 | ) | ||||||||||||||||||||||||
| ^ | Amount represents less than $1. |
| FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of June 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
| Quoted Prices in Active Markets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||||||||||
Assets: | ||||||||||||||||
Investments in Securities | ||||||||||||||||
Common Stocks | $ | 175,974,656 | $ | — | $ | — | $ | 175,974,656 | ||||||||
Rights | ||||||||||||||||
Australia | — | — | 0 | * | 0 | |||||||||||
Singapore | — | 2,763 | — | 2,763 | ||||||||||||
Spain | 12,898 | — | — | 12,898 | ||||||||||||
Investment of Cash Collateral for Securities Loaned | — | 13,610,754 | — | 13,610,754 | ||||||||||||
Total Investments in Securities | $ | 175,987,554 | $ | 13,613,517 | $ | 0 | $ | 189,601,071 | ||||||||
Financial Derivative Instruments | ||||||||||||||||
Foreign Currency Contracts1 | $ | — | $ | 708,213 | $ | — | $ | 708,213 | ||||||||
Liabilities: | ||||||||||||||||
Financial Derivative Instruments | ||||||||||||||||
Foreign Currency Contracts1 | $ | — | $ | (689,256 | ) | $ | — | $ | (689,256 | ) | ||||||
Total – Net | $ | 175,987,554 | $ | 13,632,474 | $ | 0 | $ | 189,620,028 | ||||||||
| * | Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. |
| 1 | Amount shown represents the unrealized appreciation (depreciation) on the financial instrument. |
See Notes to Financial Statements.
| WisdomTree Trust | 53 |
Schedule of Investments
WisdomTree Emerging Markets ESG Fund (RESE)
June 30, 2023
| Investments | Shares | Value | ||||||
| COMMON STOCKS – 97.7% |
| |||||||
| Brazil – 5.8% |
| |||||||
Ambev SA | 33,353 | $ | 106,544 | |||||
B3 SA – Brasil Bolsa Balcao | 39,469 | 119,536 | ||||||
Banco Santander Brasil SA | 11,600 | 73,654 | ||||||
CCR SA | 25,303 | 73,696 | ||||||
CPFL Energia SA | 9,288 | 66,214 | ||||||
Energisa SA | 6,365 | 66,236 | ||||||
Equatorial Energia SA | 10,398 | 69,299 | ||||||
Hypera SA | 6,452 | 61,537 | ||||||
Localiza Rent a Car SA | 6,766 | 96,076 | ||||||
Lojas Renner SA | 15,215 | 63,080 | ||||||
Magazine Luiza SA* | 37,176 | 25,971 | ||||||
Raia Drogasil SA | 12,193 | 74,816 | ||||||
Rumo SA | 12,538 | 57,700 | ||||||
Suzano SA | 7,497 | 68,723 | ||||||
Telefonica Brasil SA | 19,954 | 178,982 | ||||||
TIM SA | 24,656 | 74,724 | ||||||
TOTVS SA | 9,053 | 56,262 | ||||||
|
| |||||||
| Total Brazil |
| 1,333,050 | ||||||
| Chile – 0.5% |
| |||||||
Banco Santander Chile | 1,521,995 | 71,987 | ||||||
Cia Cervecerias Unidas SA | 4,773 | 38,469 | ||||||
|
| |||||||
| Total Chile |
| 110,456 | ||||||
| China – 23.7% |
| |||||||
3SBio, Inc.(a) | 104,000 | 104,443 | ||||||
AAC Technologies Holdings, Inc.(b) | 19,000 | 44,708 | ||||||
Alibaba Group Holding Ltd.* | 56,900 | 589,577 | ||||||
ANTA Sports Products Ltd. | 11,200 | 114,407 | ||||||
Autohome, Inc., ADR | 1,675 | 48,843 | ||||||
Avary Holding Shenzhen Co. Ltd., Class A | 8,300 | 27,713 | ||||||
Bank of Suzhou Co. Ltd., Class A | 47,900 | 43,128 | ||||||
Beijing Kingsoft Office Software, Inc., Class A* | 454 | 29,470 | ||||||
Bosideng International Holdings Ltd. | 150,000 | 63,165 | ||||||
C&D International Investment Group Ltd. | 25,000 | 56,657 | ||||||
Canmax Technologies Co. Ltd., Class A | 4,670 | 22,981 | ||||||
China Energy Engineering Corp. Ltd., Class A | 124,200 | 39,950 | ||||||
China Medical System Holdings Ltd. | 64,000 | 104,208 | ||||||
China Minsheng Banking Corp. Ltd., Class H | 218,800 | 80,969 | ||||||
Chow Tai Fook Jewellery Group Ltd. | 52,600 | 94,506 | ||||||
Country Garden Services Holdings Co. Ltd.(b) | 69,000 | 89,105 | ||||||
Dali Foods Group Co. Ltd.(a) | 207,200 | 92,540 | ||||||
Daqo New Energy Corp., ADR* | 770 | 30,569 | ||||||
Dongyue Group Ltd. | 78,000 | 58,326 | ||||||
East Buy Holding Ltd.*(a)(b) | 22,000 | 71,587 | ||||||
ENN Energy Holdings Ltd. | 10,000 | 124,544 | ||||||
ENN Natural Gas Co. Ltd., Class A | 8,900 | 23,220 | ||||||
Flat Glass Group Co. Ltd., Class H | 10,000 | 34,135 | ||||||
Foxconn Industrial Internet Co. Ltd., Class A | 26,600 | 92,143 | ||||||
Fuyao Glass Industry Group Co. Ltd., Class H(a) | 18,800 | 77,728 | ||||||
Ganfeng Lithium Group Co. Ltd., Class H*(a)(b) | 12,000 | 78,248 | ||||||
GCL Technology Holdings Ltd.(b) | 229,000 | 52,892 | ||||||
Geely Automobile Holdings Ltd. | 77,000 | 93,934 | ||||||
Great Wall Motor Co. Ltd., Class H(b) | 71,000 | 81,269 | ||||||
Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A | 2,600 | 23,888 | ||||||
H World Group Ltd., ADR* | 1,764 | 68,408 | ||||||
Haidilao International Holding Ltd.(a)(b) | 30,000 | 65,998 | ||||||
Haier Smart Home Co. Ltd., Class H | 29,400 | 92,478 | ||||||
Hengan International Group Co. Ltd. | 17,600 | 74,114 | ||||||
Hubei Jumpcan Pharmaceutical Co. Ltd., Class A* | 5,300 | 21,157 | ||||||
Inner Mongolia ERDOS Resources Co. Ltd., Class A | 15,680 | 19,334 | ||||||
Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A | 7,900 | 39,083 | ||||||
Joincare Pharmaceutical Group Industry Co. Ltd., Class A | 23,800 | 41,582 | ||||||
Jointown Pharmaceutical Group Co. Ltd., Class A | 26,671 | 38,055 | ||||||
Keda Industrial Group Co. Ltd., Class A | 19,900 | 31,075 | ||||||
Kingboard Holdings Ltd. | 17,000 | 46,315 | ||||||
Longfor Group Holdings Ltd.(a) | 47,500 | 115,407 | ||||||
MINISO Group Holding Ltd., ADR | 2,977 | 50,579 | ||||||
Minth Group Ltd. | 30,000 | 82,306 | ||||||
NetEase, Inc. | 10,900 | 212,253 | ||||||
New Oriental Education & Technology Group, Inc.* | 20,800 | 81,617 | ||||||
Nongfu Spring Co. Ltd., Class H(a)(b) | 20,800 | 114,795 | ||||||
Ping An Insurance Group Co. of China Ltd., Class H | 34,500 | 219,461 | ||||||
Sany Heavy Equipment International Holdings Co. Ltd. | 66,000 | 86,410 | ||||||
Shandong Weigao Group Medical Polymer Co. Ltd., Class H | 58,800 | 76,833 | ||||||
Shanghai Baosight Software Co. Ltd., Class B | 20,604 | 54,394 | ||||||
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H*(b) | 33,500 | 89,344 | ||||||
Shenzhen Kstar Science & Technology Co. Ltd., Class A | 8,600 | 47,298 | ||||||
Shenzhen YUTO Packaging Technology Co. Ltd., Class A | 9,800 | 32,856 | ||||||
Sichuan Kelun Pharmaceutical Co. Ltd., Class A | 5,100 | 20,807 | ||||||
Silergy Corp. | 2,000 | 24,723 | ||||||
Sino Biopharmaceutical Ltd. | 201,000 | 87,463 | ||||||
TBEA Co. Ltd., Class A* | 6,900 | 21,142 | ||||||
Tingyi Cayman Islands Holding Corp. | 58,000 | 90,146 | ||||||
Tongwei Co. Ltd., Class A | 4,700 | 22,166 | ||||||
Topsports International Holdings Ltd.(a) | 67,000 | 58,052 | ||||||
Trip.com Group Ltd., ADR* | 3,413 | 119,455 | ||||||
Uni-President China Holdings Ltd. | 75,000 | 63,165 | ||||||
Vipshop Holdings Ltd., ADR* | 5,748 | 94,842 | ||||||
Want Want China Holdings Ltd. | 125,600 | 83,342 | ||||||
Yadea Group Holdings Ltd.(a) | 42,000 | 95,506 | ||||||
YongXing Special Materials Technology Co. Ltd., Class A | 2,440 | 21,000 | ||||||
Yum China Holdings, Inc. | 2,752 | 155,488 | ||||||
See Notes to Financial Statements.
| 54 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Emerging Markets ESG Fund (RESE)
June 30, 2023
| Investments | Shares | Value | ||||||
Zhejiang Supor Co. Ltd., Class A | 3,500 | $ | 24,056 | |||||
ZTO Express Cayman, Inc., ADR | 4,219 | 105,812 | ||||||
|
| |||||||
| Total China |
| 5,377,170 | ||||||
| Hong Kong – 0.6% |
| |||||||
Kingboard Laminates Holdings Ltd. | 58,000 | 54,547 | ||||||
Vinda International Holdings Ltd. | 31,000 | 77,138 | ||||||
|
| |||||||
| Total Hong Kong |
| 131,685 | ||||||
| India – 17.7% |
| |||||||
ABB India Ltd. | 1,429 | 77,045 | ||||||
Adani Green Energy Ltd.* | 8,496 | 97,961 | ||||||
Adani Total Gas Ltd. | 4,349 | 34,702 | ||||||
Ambuja Cements Ltd.* | 16,462 | 85,464 | ||||||
Apollo Hospitals Enterprise Ltd. | 804 | 49,965 | ||||||
Asian Paints Ltd. | 3,136 | 128,521 | ||||||
AU Small Finance Bank Ltd.(a) | 5,309 | 48,773 | ||||||
Aurobindo Pharma Ltd. | 3,702 | 32,823 | ||||||
Axis Bank Ltd. | 11,867 | 142,840 | ||||||
Bajaj Auto Ltd. | 1,320 | 75,489 | ||||||
Bajaj Finserv Ltd. | 2,772 | 51,631 | ||||||
Balkrishna Industries Ltd. | 1,161 | 33,547 | ||||||
Berger Paints India Ltd. | 5,127 | 42,379 | ||||||
Bharti Airtel Ltd. | 12,833 | 137,464 | ||||||
CG Power & Industrial Solutions Ltd. | 11,944 | 55,107 | ||||||
Cipla Ltd. | 5,019 | 62,095 | ||||||
Colgate-Palmolive India Ltd. | 2,946 | 60,621 | ||||||
Dabur India Ltd. | 9,208 | 64,310 | ||||||
DLF Ltd. | 8,532 | 51,019 | ||||||
Dr. Reddy’s Laboratories Ltd. | 1,285 | 80,819 | ||||||
Eicher Motors Ltd. | 1,188 | 51,845 | ||||||
Godrej Consumer Products Ltd.* | 5,564 | 73,317 | ||||||
Godrej Properties Ltd.* | 2,466 | 47,147 | ||||||
Grasim Industries Ltd. | 2,728 | 57,683 | ||||||
Havells India Ltd. | 4,167 | 65,159 | ||||||
HCL Technologies Ltd. | 7,015 | 101,583 | ||||||
HDFC Life Insurance Co. Ltd.(a) | 6,754 | 53,613 | ||||||
Hero MotoCorp Ltd. | 1,811 | 64,242 | ||||||
Hindustan Unilever Ltd. | 3,915 | 127,809 | ||||||
ICICI Bank Ltd. | 19,847 | 226,107 | ||||||
ICICI Lombard General Insurance Co. Ltd.(a) | 3,134 | 51,362 | ||||||
ICICI Prudential Life Insurance Co. Ltd.*(a) | 7,582 | 52,912 | ||||||
Indus Towers Ltd.* | 57,197 | 114,518 | ||||||
Info Edge India Ltd. | 840 | 45,910 | ||||||
Infosys Ltd. | 14,384 | 234,163 | ||||||
JSW Steel Ltd. | 8,086 | 77,355 | ||||||
Jubilant Foodworks Ltd. | 3,870 | 23,646 | ||||||
Kotak Mahindra Bank Ltd. | 3,538 | 79,637 | ||||||
Marico Ltd. | 13,174 | 85,264 | ||||||
Maruti Suzuki India Ltd. | 753 | 89,852 | ||||||
Mphasis Ltd. | 1,617 | 37,353 | ||||||
Nestle India Ltd. | 308 | 85,955 | ||||||
Page Industries Ltd. | 69 | 31,665 | ||||||
PI Industries Ltd. | 1,392 | 66,545 | ||||||
Samvardhana Motherson International Ltd. | 21,483 | 22,442 | ||||||
Siemens Ltd. | 1,215 | 55,783 | ||||||
SRF Ltd. | 1,455 | 40,606 | ||||||
Sun Pharmaceutical Industries Ltd. | 4,833 | 61,953 | ||||||
Tata Elxsi Ltd. | 500 | 46,251 | ||||||
Tech Mahindra Ltd. | 5,944 | 81,937 | ||||||
Torrent Pharmaceuticals Ltd. | 2,699 | 62,673 | ||||||
UltraTech Cement Ltd. | 1,208 | 122,142 | ||||||
United Spirits Ltd.* | 3,779 | 42,020 | ||||||
UPL Ltd. | 5,588 | 46,833 | ||||||
Wipro Ltd. | 16,229 | 76,984 | ||||||
|
| |||||||
| Total India |
| 4,016,841 | ||||||
| Indonesia – 1.5% |
| |||||||
Bank Central Asia Tbk PT | 296,600 | 181,016 | ||||||
Barito Pacific Tbk PT | 438,591 | 21,794 | ||||||
Indofood CBP Sukses Makmur Tbk PT | 41,400 | 31,273 | ||||||
Indofood Sukses Makmur Tbk PT | 64,100 | 31,425 | ||||||
Sarana Menara Nusantara Tbk PT | 423,000 | 29,766 | ||||||
Unilever Indonesia Tbk PT | 191,500 | 54,413 | ||||||
|
| |||||||
| Total Indonesia |
| 349,687 | ||||||
| Malaysia – 1.3% |
| |||||||
AMMB Holdings Bhd | 62,300 | 48,318 | ||||||
Hong Leong Bank Bhd | 16,600 | 67,431 | ||||||
Hong Leong Financial Group Bhd | 13,000 | 49,187 | ||||||
Inari Amertron Bhd | 39,300 | 23,071 | ||||||
MR DIY Group M Bhd(a) | 125,800 | 42,854 | ||||||
Nestle Malaysia Bhd | 2,500 | 70,166 | ||||||
|
| |||||||
| Total Malaysia |
| 301,027 | ||||||
| Mexico – 4.7% |
| |||||||
Alfa SAB de CV, Class A | 48,900 | 30,366 | ||||||
Arca Continental SAB de CV | 13,202 | 135,434 | ||||||
Banco del Bajio SA(a) | 21,600 | 65,516 | ||||||
Cemex SAB de CV, Series CPO* | 151,610 | 106,964 | ||||||
Coca-Cola Femsa SAB de CV | 13,314 | 111,074 | ||||||
Fibra Uno Administracion SA de CV | 51,800 | 75,508 | ||||||
Gruma SAB de CV, Class B | 2,039 | 32,668 | ||||||
Grupo Aeroportuario del Sureste SAB de CV, Class B | 2,340 | 65,110 | ||||||
Grupo Bimbo SAB de CV, Series A(b) | 30,597 | 163,506 | ||||||
Grupo Financiero Banorte SAB de CV, Class O | 18,706 | 154,017 | ||||||
Kimberly-Clark de Mexico SAB de CV, Class A | 35,140 | 78,002 | ||||||
Orbia Advance Corp. SAB de CV | 26,500 | 56,985 | ||||||
|
| |||||||
| Total Mexico |
| 1,075,150 | ||||||
| Philippines – 0.6% |
| |||||||
Bank of the Philippine Islands | 26,850 | 52,922 | ||||||
International Container Terminal Services, Inc. | 14,250 | 52,612 | ||||||
Jollibee Foods Corp. | 5,770 | 25,004 | ||||||
|
| |||||||
| Total Philippines |
| 130,538 | ||||||
| Poland – 0.3% |
| |||||||
Cyfrowy Polsat SA | 6,801 | 27,636 | ||||||
LPP SA* | 11 | 37,931 | ||||||
|
| |||||||
| Total Poland |
| 65,567 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 55 |
Schedule of Investments (continued)
WisdomTree Emerging Markets ESG Fund (RESE)
June 30, 2023
| Investments | Shares | Value | ||||||
| Russia – 0.0% |
| |||||||
Novolipetsk Steel PJSC*† | 27,720 | $ | 0 | |||||
PhosAgro PJSC*† | 1,147 | 0 | ||||||
PhosAgro PJSC, GDR*†(c) | 3 | 0 | ||||||
Polyus PJSC*† | 435 | 0 | ||||||
Polyus PJSC, GDR*†(c) | 1 | 0 | ||||||
TCS Group Holding PLC, GDR*†(c) | 872 | 0 | ||||||
X5 Retail Group NV, GDR*†(c) | 2,404 | 0 | ||||||
|
| |||||||
| Total Russia |
| 0 | ||||||
| South Africa – 4.7% |
| |||||||
Absa Group Ltd. | 10,234 | 90,962 | ||||||
Anglo American Platinum Ltd. | 1,182 | 53,261 | ||||||
AngloGold Ashanti Ltd. | 3,723 | 78,393 | ||||||
Clicks Group Ltd.(b) | 4,247 | 58,741 | ||||||
FirstRand Ltd. | 33,790 | 122,523 | ||||||
Harmony Gold Mining Co. Ltd. | 14,556 | 61,063 | ||||||
Impala Platinum Holdings Ltd. | 8,831 | 58,583 | ||||||
Mr. Price Group Ltd. | 6,410 | 48,929 | ||||||
Old Mutual Ltd. | 91,929 | 58,979 | ||||||
Remgro Ltd. | 5,904 | 45,957 | ||||||
Sibanye Stillwater Ltd. | 38,167 | 58,590 | ||||||
Standard Bank Group Ltd. | 11,502 | 108,102 | ||||||
Vodacom Group Ltd. | 20,991 | 130,227 | ||||||
Woolworths Holdings Ltd. | 22,849 | 86,298 | ||||||
|
| |||||||
| Total South Africa |
| 1,060,608 | ||||||
| South Korea – 14.4% |
| |||||||
Cheil Worldwide, Inc. | 6,915 | 95,146 | ||||||
CJ CheilJedang Corp. | 216 | 44,179 | ||||||
Coway Co. Ltd. | 1,216 | 40,559 | ||||||
DB Insurance Co. Ltd. | 1,549 | 87,698 | ||||||
Doosan Bobcat, Inc. | 759 | 33,813 | ||||||
F&F Co. Ltd. | 202 | 18,335 | ||||||
Hana Financial Group, Inc. | 2,913 | 86,661 | ||||||
Hankook Tire & Technology Co. Ltd. | 2,051 | 53,546 | ||||||
Hanon Systems | 5,625 | 39,061 | ||||||
HYBE Co. Ltd.* | 137 | 29,268 | ||||||
Hyundai Glovis Co. Ltd. | 476 | 71,419 | ||||||
Hyundai Steel Co. | 2,012 | 51,535 | ||||||
KB Financial Group, Inc. | 3,011 | 109,115 | ||||||
Krafton, Inc.* | 154 | 22,767 | ||||||
LG Chem Ltd. | 259 | 131,107 | ||||||
LG Electronics, Inc. | 988 | 95,002 | ||||||
LG Innotek Co. Ltd. | 298 | 69,997 | ||||||
LG Uplus Corp. | 15,930 | 129,722 | ||||||
Meritz Financial Group, Inc.* | 2,474 | 77,920 | ||||||
Mirae Asset Securities Co. Ltd. | 8,576 | 47,057 | ||||||
NCSoft Corp. | 123 | 27,538 | ||||||
NH Investment & Securities Co. Ltd., Class C | 5,989 | 43,407 | ||||||
POSCO Future M Co. Ltd. | 293 | 78,495 | ||||||
S-1 Corp. | 767 | 31,026 | ||||||
Samsung C&T Corp. | 739 | 59,281 | ||||||
Samsung Electro-Mechanics Co. Ltd. | 201 | 22,043 | ||||||
Samsung Electronics Co. Ltd. | 16,977 | 930,246 | ||||||
Samsung Engineering Co. Ltd.* | 3,470 | 74,527 | ||||||
Samsung Fire & Marine Insurance Co. Ltd. | 418 | 72,963 | ||||||
Samsung Life Insurance Co. Ltd. | 1,269 | 64,815 | ||||||
Samsung SDI Co. Ltd. | 203 | 103,067 | ||||||
Samsung SDS Co. Ltd. | 514 | 47,942 | ||||||
Samsung Securities Co. Ltd. | 1,614 | 44,097 | ||||||
Shinhan Financial Group Co. Ltd. | 3,946 | 101,821 | ||||||
SK Hynix, Inc. | 1,848 | 161,568 | ||||||
Woori Financial Group, Inc. | 8,557 | 76,566 | ||||||
|
| |||||||
| Total South Korea |
| 3,273,309 | ||||||
| Taiwan – 18.8% |
| |||||||
Accton Technology Corp. | 2,000 | 22,412 | ||||||
Acer, Inc. | 43,000 | 43,284 | ||||||
Advantech Co. Ltd. | 2,000 | 26,297 | ||||||
ASE Technology Holding Co. Ltd. | 18,000 | 63,864 | ||||||
Asia Cement Corp. | 15,000 | 21,384 | ||||||
Asustek Computer, Inc. | 5,000 | 50,490 | ||||||
AUO Corp. | 39,000 | 23,291 | ||||||
Catcher Technology Co. Ltd. | 4,000 | 22,540 | ||||||
Cathay Financial Holding Co. Ltd. | 57,159 | 79,193 | ||||||
Cheng Shin Rubber Industry Co. Ltd. | 18,000 | 23,205 | ||||||
China Development Financial Holding Corp.* | 155,114 | 61,758 | ||||||
Compal Electronics, Inc. | 39,000 | 36,628 | ||||||
CTBC Financial Holding Co. Ltd. | 96,720 | 77,172 | ||||||
Delta Electronics, Inc. | 10,000 | 110,613 | ||||||
E Ink Holdings, Inc. | 8,000 | 57,795 | ||||||
E.Sun Financial Holding Co. Ltd. | 88,466 | 73,995 | ||||||
Eclat Textile Co. Ltd. | 2,000 | 32,076 | ||||||
Evergreen Marine Corp. Taiwan Ltd. | 11,800 | 35,425 | ||||||
Far Eastern New Century Corp. | 35,000 | 37,591 | ||||||
Far EasTone Telecommunications Co. Ltd. | 52,000 | 131,233 | ||||||
Feng TAY Enterprise Co. Ltd. | 6,200 | 39,118 | ||||||
Fubon Financial Holding Co. Ltd. | 55,561 | 108,466 | ||||||
Globalwafers Co. Ltd. | 1,000 | 15,958 | ||||||
Hon Hai Precision Industry Co. Ltd. | 44,880 | 162,836 | ||||||
Hotai Motor Co. Ltd. | 1,000 | 26,136 | ||||||
Innolux Corp. | 49,000 | 23,993 | ||||||
Inventec Corp. | 34,000 | 47,161 | ||||||
Largan Precision Co. Ltd. | 500 | 34,195 | ||||||
Lite-On Technology Corp., ADR | 18,014 | 59,865 | ||||||
MediaTek, Inc. | 6,000 | 132,544 | ||||||
Micro-Star International Co. Ltd. | 7,000 | 39,670 | ||||||
momo.com, Inc. | 1,200 | 26,509 | ||||||
Nan Ya Printed Circuit Board Corp. | 2,000 | 16,953 | ||||||
Nanya Technology Corp. | 9,000 | 20,459 | ||||||
Nien Made Enterprise Co. Ltd. | 2,000 | 21,994 | ||||||
Novatek Microelectronics Corp. | 2,000 | 27,388 | ||||||
Pegatron Corp. | 12,000 | 28,821 | ||||||
Pou Chen Corp. | 17,000 | 17,194 | ||||||
Powerchip Semiconductor Manufacturing Corp. | 22,000 | 21,863 | ||||||
Quanta Computer, Inc. | 18,000 | 87,849 | ||||||
Realtek Semiconductor Corp. | 2,000 | 24,884 | ||||||
Shanghai Commercial & Savings Bank Ltd. | 26,759 | 39,007 | ||||||
See Notes to Financial Statements.
| 56 | WisdomTree Trust |
Schedule of Investments (concluded)
WisdomTree Emerging Markets ESG Fund (RESE)
June 30, 2023
| Investments | Shares | Value | ||||||
Shin Kong Financial Holding Co. Ltd.* | 99,297 | $ | 28,376 | |||||
SinoPac Financial Holdings Co. Ltd. | 88,034 | 49,042 | ||||||
Synnex Technology International Corp. | 20,150 | 37,525 | ||||||
Taishin Financial Holding Co. Ltd. | 75,700 | 45,938 | ||||||
Taiwan Mobile Co. Ltd. | 6,000 | 18,417 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd. | 85,000 | 1,572,027 | ||||||
Unimicron Technology Corp. | 9,000 | 50,860 | ||||||
United Microelectronics Corp. | 48,000 | 74,748 | ||||||
Vanguard International Semiconductor Corp. | 7,000 | 19,779 | ||||||
Voltronic Power Technology Corp. | 1,000 | 63,093 | ||||||
Walsin Lihwa Corp. | 27,000 | 35,544 | ||||||
Wan Hai Lines Ltd. | 8,440 | 15,989 | ||||||
Winbond Electronics Corp.* | 22,000 | 19,390 | ||||||
Wiwynn Corp. | 1,000 | 45,594 | ||||||
WPG Holdings Ltd. | 9,000 | 15,807 | ||||||
Yageo Corp. | 1,000 | 15,781 | ||||||
Yuanta Financial Holding Co. Ltd. | 111,743 | 82,880 | ||||||
Zhen Ding Technology Holding Ltd. | 6,000 | 20,228 | ||||||
|
| |||||||
| Total Taiwan |
| 4,264,127 | ||||||
| Thailand – 2.1% |
| |||||||
Advanced Info Service PCL, NVDR | 12,100 | 73,033 | ||||||
Asset World Corp. PCL, NVDR | 358,000 | 49,881 | ||||||
Bangkok Expressway & Metro PCL, NVDR | 164,400 | 39,645 | ||||||
Central Pattana PCL, NVDR | 33,100 | 61,149 | ||||||
Home Product Center PCL, NVDR | 122,500 | 48,371 | ||||||
Indorama Ventures PCL, NVDR | 66,300 | 64,047 | ||||||
Intouch Holdings PCL, NVDR | 16,700 | 34,855 | ||||||
Kasikornbank PCL, NVDR | 17,300 | 63,189 | ||||||
SCG Packaging PCL, NVDR | 54,900 | 57,680 | ||||||
|
| |||||||
| Total Thailand |
| 491,850 | ||||||
| Turkey – 0.9% |
| |||||||
Turkcell Iletisim Hizmetleri AS | 104,938 | 146,116 | ||||||
Turkiye Is Bankasi AS, Class C | 107,316 | 57,878 | ||||||
|
| |||||||
| Total Turkey |
| 203,994 | ||||||
| United Kingdom – 0.1% |
| |||||||
Pepco Group NV* | 2,437 | 22,085 | ||||||
TOTAL COMMON STOCKS (Cost: $19,641,071) |
| 22,207,144 | ||||||
| PREFERRED STOCKS – 1.9% |
| |||||||
| Brazil – 1.9% |
| |||||||
Banco Bradesco SA | 38,872 | 132,555 | ||||||
Gerdau SA | 9,094 | 47,261 | ||||||
Itau Unibanco Holding SA | 27,419 | 161,536 | ||||||
Itausa SA | 46,087 | 92,097 | ||||||
TOTAL PREFERRED STOCKS (Cost: $378,628) | 433,449 | |||||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.6% |
| |||||||
| United States – 1.6% |
| |||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 5.11%(d) | ||||||||
| (Cost: $354,008) | 354,008 | 354,008 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 101.2% (Cost: $20,373,707) |
| 22,994,601 | ||||||
Other Assets less Liabilities – (1.2)% |
| (276,351 | ) | |||||
|
| |||||||
| NET ASSETS – 100.0% |
| $ | 22,718,250 | |||||
| * | Non-income producing security. |
| † | This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $0, which represents 0.0% of net assets. |
| (a) | This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers. |
| (b) | Security, or portion thereof, was on loan at June 30, 2023 (See Note 2). At June 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $784,182 and the total market value of the collateral held by the Fund was $831,190. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $477,182. |
| (c) | This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. |
| (d) | Rate shown represents annualized 7-day yield as of June 30, 2023. |
| FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of June 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
| Quoted Prices in Active Markets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||||||||||
Assets: | ||||||||||||||||
Investments in Securities | ||||||||||||||||
Common Stocks | ||||||||||||||||
Russia | $ | — | $ | — | $ | 0 | * | $ | 0 | |||||||
Other | 22,207,144 | — | — | 22,207,144 | ||||||||||||
Preferred Stocks | 433,449 | — | — | 433,449 | ||||||||||||
Investment of Cash Collateral for Securities Loaned | — | 354,008 | — | 354,008 | ||||||||||||
Total Investments in Securities | $ | 22,640,593 | $ | 354,008 | $ | 0 | $ | 22,994,601 | ||||||||
| * | Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. |
See Notes to Financial Statements.
| WisdomTree Trust | 57 |
Schedule of Investments
WisdomTree Emerging Markets ex-China Fund (XC)
June 30, 2023
| Investments | Shares | Value | ||||||
| COMMON STOCKS – 99.7% |
| |||||||
| Brazil – 6.2% |
| |||||||
| Aerospace & Defense – 0.1% |
| |||||||
Embraer SA* | 4,815 | $ | 18,505 | |||||
| Banks – 0.5% |
| |||||||
Banco Bradesco SA | 7,051 | 21,399 | ||||||
Banco Santander Brasil SA | 3,028 | 19,226 | ||||||
Itau Unibanco Holding SA | 4,077 | 20,723 | ||||||
Itausa SA | 7,438 | 15,018 | ||||||
|
| |||||||
| Total Banks |
| 76,366 | ||||||
| Beverages – 0.6% |
| |||||||
Ambev SA | 32,004 | 102,235 | ||||||
| Broadline Retail – 0.1% |
| |||||||
Magazine Luiza SA* | 17,464 | 12,200 | ||||||
| Capital Markets – 0.6% |
| |||||||
B3 SA – Brasil Bolsa Balcao | 32,431 | 98,221 | ||||||
| Consumer Staples Distribution & Retail – 0.4% |
| |||||||
Atacadao SA | 3,566 | 8,279 | ||||||
Raia Drogasil SA | 7,506 | 46,057 | ||||||
Sendas Distribuidora SA | 4,762 | 13,573 | ||||||
|
| |||||||
| Total Consumer Staples Distribution & Retail |
| 67,909 | ||||||
| Diversified Telecommunication Services – 0.1% |
| |||||||
Telefonica Brasil SA | 2,450 | 21,976 | ||||||
| Electric Utilities – 0.5% |
| |||||||
CPFL Energia SA | 1,169 | 8,334 | ||||||
Energisa SA | 1,292 | 13,445 | ||||||
Equatorial Energia SA | 5,969 | 39,781 | ||||||
Transmissora Alianca de Energia Eletrica SA | 1,864 | 14,544 | ||||||
|
| |||||||
| Total Electric Utilities |
| 76,104 | ||||||
| Electrical Equipment – 0.4% |
| |||||||
WEG SA | 9,216 | 72,119 | ||||||
| Food Products – 0.1% |
| |||||||
BRF SA* | 4,159 | 7,682 | ||||||
| Ground Transportation – 0.6% |
| |||||||
Localiza Rent a Car SA | 4,704 | 66,796 | ||||||
Rumo SA | 7,252 | 33,374 | ||||||
|
| |||||||
| Total Ground Transportation |
| 100,170 | ||||||
| Health Care Providers & Services – 0.2% |
| |||||||
Hapvida Participacoes e Investimentos SA*(a) | 17,421 | 15,818 | ||||||
Rede D’Or Sao Luiz SA(a) | 3,537 | 24,137 | ||||||
|
| |||||||
| Total Health Care Providers & Services |
| 39,955 | ||||||
| Independent Power & Renewable Electricity Producers – 0.1% |
| |||||||
Engie Brasil Energia SA | 1,861 | 17,626 | ||||||
| Metals & Mining – 0.1% |
| |||||||
Cia Siderurgica Nacional SA | 3,525 | 8,864 | ||||||
| Oil, Gas & Consumable Fuels – 0.5% |
| |||||||
3R Petroleum Oleo e Gas SA* | 911 | 5,637 | ||||||
Cosan SA | 8,413 | 31,148 | ||||||
PRIO SA* | 4,248 | 32,652 | ||||||
Ultrapar Participacoes SA | 4,733 | 18,534 | ||||||
|
| |||||||
| Total Oil, Gas & Consumable Fuels |
| 87,971 | ||||||
| Paper & Forest Products – 0.3% |
| |||||||
Suzano SA | 5,473 | 50,169 | ||||||
| Personal Care Products – 0.1% |
| |||||||
Natura & Co. Holding SA* | 5,976 | 20,738 | ||||||
| Pharmaceuticals – 0.2% |
| |||||||
Hypera SA | 2,642 | 25,199 | ||||||
| Real Estate Management & Development – 0.1% |
| |||||||
Multiplan Empreendimentos Imobiliarios SA | 1,847 | 10,594 | ||||||
| Software – 0.1% |
| |||||||
TOTVS SA | 3,082 | 19,154 | ||||||
| Specialty Retail – 0.2% |
| |||||||
Vibra Energia SA | 9,093 | 34,023 | ||||||
| Textiles, Apparel & Luxury Goods – 0.1% |
| |||||||
Arezzo Industria e Comercio SA | 384 | 6,294 | ||||||
Grupo De Moda Soma SA | 3,549 | 8,828 | ||||||
|
| |||||||
| Total Textiles, Apparel & Luxury Goods |
| 15,122 | ||||||
| Transportation Infrastructure – 0.1% |
| |||||||
CCR SA | 7,835 | 22,819 | ||||||
| Wireless Telecommunication Services – 0.1% |
| |||||||
TIM SA | 5,368 | 16,269 | ||||||
| Total Brazil |
| 1,021,990 | ||||||
| Chile – 0.5% |
| |||||||
| Banks – 0.2% |
| |||||||
Banco de Chile | 166,533 | 17,375 | ||||||
Banco de Credito e Inversiones SA | 258 | 7,879 | ||||||
Banco Santander Chile | 224,304 | 10,609 | ||||||
|
| |||||||
| Total Banks |
| 35,863 | ||||||
| Broadline Retail – 0.0% |
| |||||||
Falabella SA | 3,213 | 7,711 | ||||||
| Consumer Staples Distribution & Retail – 0.1% |
| |||||||
Cencosud SA | 5,154 | 9,984 | ||||||
| Marine Transportation – 0.0% |
| |||||||
Cia Sud Americana de Vapores SA | 66,971 | 4,546 | ||||||
| Oil, Gas & Consumable Fuels – 0.1% |
| |||||||
Empresas COPEC SA | 1,421 | 10,541 | ||||||
| Paper & Forest Products – 0.1% |
| |||||||
Empresas CMPC SA | 5,006 | 9,573 | ||||||
| Total Chile |
| 78,218 | ||||||
| Czech Republic – 0.2% |
| |||||||
| Banks – 0.2% |
| |||||||
Komercni Banka AS | 1,116 | 34,054 | ||||||
| Hungary – 0.4% |
| |||||||
| Banks – 0.2% |
| |||||||
OTP Bank Nyrt | 876 | 31,080 | ||||||
| Oil, Gas & Consumable Fuels – 0.1% |
| |||||||
MOL Hungarian Oil & Gas PLC | 2,002 | 17,497 | ||||||
See Notes to Financial Statements.
| 58 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Emerging Markets ex-China Fund (XC)
June 30, 2023
| Investments | Shares | Value | ||||||
| Pharmaceuticals – 0.1% |
| |||||||
Richter Gedeon Nyrt | 485 | $ | 11,944 | |||||
| Total Hungary |
| 60,521 | ||||||
| India – 25.4% |
| |||||||
| Automobile Components – 0.7% |
| |||||||
Apollo Tyres Ltd.* | 1,541 | 7,640 | ||||||
Balkrishna Industries Ltd. | 372 | 10,749 | ||||||
Bharat Forge Ltd. | 1,211 | 12,353 | ||||||
Bosch Ltd. | 42 | 9,749 | ||||||
Motherson Sumi Wiring India Ltd. | 9,531 | 6,704 | ||||||
MRF Ltd. | 17 | 20,984 | ||||||
Samvardhana Motherson International Ltd. | 8,632 | 9,017 | ||||||
Sona Blw Precision Forgings Ltd.(a) | 929 | 5,842 | ||||||
Sundram Fasteners Ltd. | 546 | 8,099 | ||||||
Tube Investments of India Ltd. | 564 | 21,827 | ||||||
UNO Minda Ltd. | 893 | 6,333 | ||||||
|
| |||||||
| Total Automobile Components |
| 119,297 | ||||||
| Automobiles – 2.1% |
| |||||||
Bajaj Auto Ltd. | 383 | 21,903 | ||||||
Eicher Motors Ltd. | 732 | 31,945 | ||||||
Hero MotoCorp Ltd. | 654 | 23,200 | ||||||
Mahindra & Mahindra Ltd. | 5,280 | 93,556 | ||||||
Maruti Suzuki India Ltd. | 682 | 81,380 | ||||||
Tata Motors Ltd.* | 10,364 | 75,238 | ||||||
TVS Motor Co. Ltd. | 1,085 | 17,533 | ||||||
|
| |||||||
| Total Automobiles |
| 344,755 | ||||||
| Banks – 3.8% |
| |||||||
AU Small Finance Bank Ltd.(a) | 1,589 | 14,598 | ||||||
Axis Bank Ltd. | 13,455 | 161,954 | ||||||
Bandhan Bank Ltd.*(a) | 3,543 | 10,454 | ||||||
Federal Bank Ltd. | 7,258 | 11,161 | ||||||
ICICI Bank Ltd. | 25,486 | 290,350 | ||||||
IDFC First Bank Ltd.* | 13,873 | 13,427 | ||||||
Kotak Mahindra Bank Ltd. | 5,307 | 119,455 | ||||||
|
| |||||||
| Total Banks |
| 621,399 | ||||||
| Beverages – 0.3% |
| |||||||
Radico Khaitan Ltd. | 389 | 5,731 | ||||||
United Breweries Ltd. | 360 | 6,635 | ||||||
United Spirits Ltd.* | 1,456 | 16,190 | ||||||
Varun Beverages Ltd. | 2,206 | 21,581 | ||||||
|
| |||||||
| Total Beverages |
| 50,137 | ||||||
| Biotechnology – 0.0% |
| |||||||
Biocon Ltd. | 2,433 | 7,874 | ||||||
| Building Products – 0.2% |
| |||||||
Astral Ltd. | 878 | 21,219 | ||||||
Kajaria Ceramics Ltd. | 462 | 7,082 | ||||||
|
| |||||||
| Total Building Products |
| 28,301 | ||||||
| Capital Markets – 0.1% |
| |||||||
HDFC Asset Management Co. Ltd.(a) | 360 | 10,074 | ||||||
IDFC Ltd. | 5,629 | 7,047 | ||||||
|
| |||||||
| Total Capital Markets |
| 17,121 | ||||||
| Chemicals – 1.3% |
| |||||||
Aarti Industries Ltd. | 965 | 5,924 | ||||||
Asian Paints Ltd. | 2,102 | 86,145 | ||||||
Atul Ltd. | 84 | 7,163 | ||||||
Berger Paints India Ltd. | 1,306 | 10,795 | ||||||
Carborundum Universal Ltd. | 510 | 7,447 | ||||||
Coromandel International Ltd. | 593 | 6,856 | ||||||
Deepak Nitrite Ltd. | 306 | 8,108 | ||||||
Gujarat Fluorochemicals Ltd. | 179 | 6,398 | ||||||
Navin Fluorine International Ltd. | 162 | 8,890 | ||||||
PI Industries Ltd. | 401 | 19,170 | ||||||
Solar Industries India Ltd. | 113 | 5,152 | ||||||
SRF Ltd. | 702 | 19,591 | ||||||
Supreme Industries Ltd. | 335 | 13,058 | ||||||
Tata Chemicals Ltd. | 672 | 8,203 | ||||||
|
| |||||||
| Total Chemicals |
| 212,900 | ||||||
| Construction & Engineering – 0.1% |
| |||||||
Voltas Ltd. | 1,205 | 11,160 | ||||||
| Construction Materials – 1.0% |
| |||||||
ACC Ltd.* | 444 | 9,816 | ||||||
Ambuja Cements Ltd.* | 3,530 | 18,326 | ||||||
Dalmia Bharat Ltd. | 444 | 11,724 | ||||||
Grasim Industries Ltd. | 1,888 | 39,922 | ||||||
JK Cement Ltd. | 173 | 7,132 | ||||||
Ramco Cements Ltd. | 744 | 8,382 | ||||||
Shree Cement Ltd. | 54 | 15,723 | ||||||
UltraTech Cement Ltd. | 593 | 59,959 | ||||||
|
| |||||||
| Total Construction Materials |
| 170,984 | ||||||
| Consumer Staples Distribution & Retail – 0.2% |
| |||||||
Avenue Supermarts Ltd.*(a) | 582 | 27,592 | ||||||
| Diversified Telecommunication Services – 0.0% |
| |||||||
Indus Towers Ltd.* | 4,035 | 8,079 | ||||||
| Electrical Equipment – 0.4% |
| |||||||
ABB India Ltd. | 246 | 13,263 | ||||||
CG Power & Industrial Solutions Ltd. | 3,309 | 15,267 | ||||||
Havells India Ltd. | 1,276 | 19,953 | ||||||
Polycab India Ltd. | 228 | 9,869 | ||||||
|
| |||||||
| Total Electrical Equipment |
| 58,352 | ||||||
| Electronic Equipment, Instruments & Components – 0.0% |
| |||||||
Honeywell Automation India Ltd. | 12 | 6,097 | ||||||
| Entertainment – 0.0% |
| |||||||
PVR Inox Ltd.* | 222 | 3,717 | ||||||
| Financial Services – 0.2% |
| |||||||
Bajaj Finserv Ltd. | 1,436 | 26,747 | ||||||
| Food Products – 0.8% |
| |||||||
Britannia Industries Ltd. | 581 | 35,585 | ||||||
Marico Ltd. | 2,452 | 15,870 | ||||||
Nestle India Ltd. | 175 | 48,838 | ||||||
Patanjali Foods Ltd. | 318 | 4,608 | ||||||
Tata Consumer Products Ltd. | 3,236 | 33,959 | ||||||
|
| |||||||
| Total Food Products |
| 138,860 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 59 |
Schedule of Investments (continued)
WisdomTree Emerging Markets ex-China Fund (XC)
June 30, 2023
| Investments | Shares | Value | ||||||
| Gas Utilities – 0.1% |
| |||||||
Gujarat Gas Ltd. | 2,026 | $ | 11,485 | |||||
| Health Care Providers & Services – 0.5% |
| |||||||
Apollo Hospitals Enterprise Ltd. | 516 | 32,067 | ||||||
Dr. Lal PathLabs Ltd.(a) | 209 | 5,756 | ||||||
Fortis Healthcare Ltd.* | 2,476 | 9,509 | ||||||
Max Healthcare Institute Ltd.* | 3,650 | 26,671 | ||||||
|
| |||||||
| Total Health Care Providers & Services |
| 74,003 | ||||||
| Hotels, Restaurants & Leisure – 0.3% |
| |||||||
Indian Hotels Co. Ltd. | 4,130 | 19,760 | ||||||
Jubilant Foodworks Ltd. | 2,026 | 12,379 | ||||||
Zomato Ltd.* | 11,526 | 10,544 | ||||||
|
| |||||||
| Total Hotels, Restaurants & Leisure |
| 42,683 | ||||||
| Household Durables – 0.1% |
| |||||||
Crompton Greaves Consumer Electricals Ltd. | 3,051 | 10,768 | ||||||
Dixon Technologies India Ltd. | 209 | 11,181 | ||||||
|
| |||||||
| Total Household Durables |
| 21,949 | ||||||
| Industrial Conglomerates – 0.1% |
| |||||||
Siemens Ltd. | 456 | 20,936 | ||||||
| Insurance – 0.6% |
| |||||||
HDFC Life Insurance Co. Ltd.(a) | 5,616 | 44,580 | ||||||
ICICI Lombard General Insurance Co. Ltd.(a) | 1,666 | 27,303 | ||||||
ICICI Prudential Life Insurance Co. Ltd.*(a) | 1,991 | 13,894 | ||||||
Max Financial Services Ltd.* | 1,169 | 11,555 | ||||||
|
| |||||||
| Total Insurance |
| 97,332 | ||||||
| Interactive Media & Services – 0.1% |
| |||||||
Info Edge India Ltd. | 372 | 20,331 | ||||||
| IT Services – 2.9% |
| |||||||
Coforge Ltd. | 198 | 11,371 | ||||||
HCL Technologies Ltd. | 5,148 | 74,547 | ||||||
Infosys Ltd. | 17,952 | 292,248 | ||||||
Mphasis Ltd. | 390 | 9,009 | ||||||
Persistent Systems Ltd. | 240 | 14,660 | ||||||
Tech Mahindra Ltd. | 3,158 | 43,532 | ||||||
Wipro Ltd. | 7,152 | 33,926 | ||||||
|
| |||||||
| Total IT Services |
| 479,293 | ||||||
| Life Sciences Tools & Services – 0.2% |
| |||||||
Divi’s Laboratories Ltd. | 641 | 28,001 | ||||||
| Machinery – 0.4% |
| |||||||
Ashok Leyland Ltd. | 7,121 | 14,531 | ||||||
Cummins India Ltd. | 654 | 15,490 | ||||||
Elgi Equipments Ltd. | 1,043 | 6,886 | ||||||
Grindwell Norton Ltd. | 263 | 7,311 | ||||||
Schaeffler India Ltd. | 198 | 7,476 | ||||||
SKF India Ltd. | 126 | 7,644 | ||||||
Thermax Ltd. | 198 | 5,507 | ||||||
|
| |||||||
| Total Machinery |
| 64,845 | ||||||
| Media – 0.1% |
| |||||||
Zee Entertainment Enterprises Ltd. | 4,783 | 10,340 | ||||||
| Metals & Mining – 0.8% |
| |||||||
APL Apollo Tubes Ltd. | 833 | 13,254 | ||||||
JSW Steel Ltd. | 4,483 | 42,887 | ||||||
Tata Steel Ltd. | 38,262 | 52,237 | ||||||
Vedanta Ltd. | 4,826 | 16,351 | ||||||
|
| |||||||
| Total Metals & Mining |
| 124,729 | ||||||
| Oil, Gas & Consumable Fuels – 3.2% |
| |||||||
Reliance Industries Ltd. | 16,888 | 524,995 | ||||||
| Passenger Airlines – 0.1% |
| |||||||
InterGlobe Aviation Ltd.*(a) | 474 | 15,178 | ||||||
| Personal Care Products – 1.4% |
| |||||||
Colgate-Palmolive India Ltd. | 599 | 12,326 | ||||||
Dabur India Ltd. | 3,117 | 21,769 | ||||||
Emami Ltd. | 1,090 | 5,643 | ||||||
Godrej Consumer Products Ltd.* | 1,985 | 26,157 | ||||||
Hindustan Unilever Ltd. | 4,914 | 160,422 | ||||||
|
| |||||||
| Total Personal Care Products |
| 226,317 | ||||||
| Pharmaceuticals – 1.2% |
| |||||||
Alkem Laboratories Ltd. | 186 | 7,965 | ||||||
Aurobindo Pharma Ltd. | 1,355 | 12,014 | ||||||
Cipla Ltd. | 2,505 | 30,992 | ||||||
Dr. Reddy’s Laboratories Ltd. | 595 | 37,422 | ||||||
Ipca Laboratories Ltd. | 533 | 4,826 | ||||||
Laurus Labs Ltd.(a) | 1,798 | 8,036 | ||||||
Lupin Ltd. | 1,109 | 12,204 | ||||||
Sun Pharmaceutical Industries Ltd. | 5,218 | 66,888 | ||||||
Torrent Pharmaceuticals Ltd. | 569 | 13,212 | ||||||
Zydus Lifesciences Ltd. | 1,193 | 8,479 | ||||||
|
| |||||||
| Total Pharmaceuticals |
| 202,038 | ||||||
| Professional Services – 0.0% |
| |||||||
Computer Age Management Services Ltd. | 161 | 4,315 | ||||||
| Real Estate Management & Development – 0.4% |
| |||||||
DLF Ltd. | 3,260 | 19,494 | ||||||
Godrej Properties Ltd.* | 552 | 10,554 | ||||||
Macrotech Developers Ltd.*(a) | 1,548 | 12,827 | ||||||
Oberoi Realty Ltd. | 672 | 8,067 | ||||||
Phoenix Mills Ltd. | 426 | 8,118 | ||||||
|
| |||||||
| Total Real Estate Management & Development |
| 59,060 | ||||||
| Software – 0.2% |
| |||||||
KPIT Technologies Ltd. | 918 | 12,195 | ||||||
Tata Elxsi Ltd. | 186 | 17,205 | ||||||
|
| |||||||
| Total Software |
| 29,400 | ||||||
| Specialty Retail – 0.1% |
| |||||||
Trent Ltd. | 840 | 18,064 | ||||||
| Textiles, Apparel & Luxury Goods – 0.6% |
| |||||||
Aditya Birla Fashion & Retail Ltd.* | 1,630 | 4,231 | ||||||
Bata India Ltd. | 335 | 6,842 | ||||||
Page Industries Ltd. | 24 | 11,014 | ||||||
Titan Co. Ltd. | 2,217 | 82,362 | ||||||
|
| |||||||
| Total Textiles, Apparel & Luxury Goods |
| 104,449 | ||||||
See Notes to Financial Statements.
| 60 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Emerging Markets ex-China Fund (XC)
June 30, 2023
| Investments | Shares | Value | ||||||
| Transportation Infrastructure – 0.0% |
| |||||||
GMR Airports Infrastructure Ltd.* | 13,421 | $ | 7,149 | |||||
| Wireless Telecommunication Services – 0.8% |
| |||||||
Bharti Airtel Ltd. | 11,820 | 126,613 | ||||||
| Total India |
| 4,166,877 | ||||||
| Indonesia – 3.1% |
| |||||||
| Banks – 1.4% |
| |||||||
Bank Central Asia Tbk PT | 376,200 | 229,597 | ||||||
| Broadline Retail – 0.3% |
| |||||||
GoTo Gojek Tokopedia Tbk PT* | 5,939,300 | 43,576 | ||||||
| Chemicals – 0.1% |
| |||||||
Barito Pacific Tbk PT | 194,858 | 9,683 | ||||||
| Construction Materials – 0.1% |
| |||||||
Indocement Tunggal Prakarsa Tbk PT | 12,600 | 8,341 | ||||||
| Consumer Staples Distribution & Retail – 0.2% |
| |||||||
Sumber Alfaria Trijaya Tbk PT | 168,400 | 28,979 | ||||||
| Diversified Telecommunication Services – 0.1% |
| |||||||
Sarana Menara Nusantara Tbk PT | 170,200 | 11,977 | ||||||
| Food Products – 0.3% |
| |||||||
Charoen Pokphand Indonesia Tbk PT* | 68,300 | 24,031 | ||||||
Indofood CBP Sukses Makmur Tbk PT | 20,900 | 15,787 | ||||||
Indofood Sukses Makmur Tbk PT | 31,100 | 15,247 | ||||||
|
| |||||||
| Total Food Products |
| 55,065 | ||||||
| Household Products – 0.1% |
| |||||||
Unilever Indonesia Tbk PT | 38,900 | 11,053 | ||||||
| Industrial Conglomerates – 0.3% |
| |||||||
Astra International Tbk PT | 125,000 | 56,486 | ||||||
| Media – 0.0% |
| |||||||
Elang Mahkota Teknologi Tbk PT | 167,700 | 7,942 | ||||||
| Metals & Mining – 0.1% |
| |||||||
Merdeka Copper Gold Tbk PT* | 97,000 | 19,798 | ||||||
| Pharmaceuticals – 0.1% |
| |||||||
Kalbe Farma Tbk PT | 182,300 | 24,927 | ||||||
| Total Indonesia |
| 507,424 | ||||||
| Malaysia – 1.4% |
| |||||||
| Banks – 0.4% |
| |||||||
Hong Leong Bank Bhd | 12,000 | 48,746 | ||||||
Hong Leong Financial Group Bhd | 3,600 | 13,621 | ||||||
|
| |||||||
| Total Banks |
| 62,367 | ||||||
| Food Products – 0.5% |
| |||||||
Nestle Malaysia Bhd | 800 | 22,453 | ||||||
PPB Group Bhd | 10,700 | 36,083 | ||||||
QL Resources Bhd | 18,600 | 21,360 | ||||||
|
| |||||||
| Total Food Products |
| 79,896 | ||||||
| Hotels, Restaurants & Leisure – 0.1% |
| |||||||
Genting Malaysia Bhd | 48,000 | 25,298 | ||||||
| Metals & Mining – 0.3% |
| |||||||
Press Metal Aluminium Holdings Bhd | 50,300 | 50,650 | ||||||
| Specialty Retail – 0.1% |
| |||||||
MR DIY Group M Bhd(a) | 47,900 | 16,317 | ||||||
| Total Malaysia |
| 234,528 | ||||||
| Mexico – 4.1% |
| |||||||
| Banks – 0.5% |
| |||||||
Banco del Bajio SA(a) | 3,016 | 9,148 | ||||||
Grupo Financiero Banorte SAB de CV, Class O | 8,900 | 73,279 | ||||||
|
| |||||||
| Total Banks |
| 82,427 | ||||||
| Beverages – 0.7% |
| |||||||
Arca Continental SAB de CV | 2,400 | 24,620 | ||||||
Coca-Cola Femsa SAB de CV | 1,920 | 16,018 | ||||||
Fomento Economico Mexicano SAB de CV | 7,100 | 78,462 | ||||||
|
| |||||||
| Total Beverages |
| 119,100 | ||||||
| Chemicals – 0.1% |
| |||||||
Orbia Advance Corp. SAB de CV | 4,700 | 10,107 | ||||||
| Construction Materials – 0.3% |
| |||||||
Cemex SAB de CV, Series CPO* | 60,504 | 42,687 | ||||||
| Consumer Staples Distribution & Retail – 0.5% |
| |||||||
Wal-Mart de Mexico SAB de CV | 20,300 | 80,156 | ||||||
| Diversified REITs – 0.1% |
| |||||||
Concentradora Fibra Danhos SA de CV | 4,765 | 5,985 | ||||||
Fibra Uno Administracion SA de CV | 11,900 | 17,346 | ||||||
|
| |||||||
| Total Diversified REITs |
| 23,331 | ||||||
| Diversified Telecommunication Services – 0.0% |
| |||||||
Controladora AXTEL SAB DE CV* | 14,400 | 186 | ||||||
| Food Products – 0.2% |
| |||||||
Gruma SAB de CV, Class B | 810 | 12,978 | ||||||
Grupo Bimbo SAB de CV, Series A | 4,892 | 26,142 | ||||||
|
| |||||||
| Total Food Products |
| 39,120 | ||||||
| Household Products – 0.1% |
| |||||||
Kimberly-Clark de Mexico SAB de CV, Class A | 6,000 | 13,319 | ||||||
| Industrial Conglomerates – 0.1% |
| |||||||
Alfa SAB de CV, Class A | 14,400 | 8,942 | ||||||
Grupo Carso SAB de CV, Series A1 | 1,800 | 13,050 | ||||||
|
| |||||||
| Total Industrial Conglomerates |
| 21,992 | ||||||
| Media – 0.1% |
| |||||||
Grupo Televisa SAB, Series CPO | 10,100 | 10,371 | ||||||
| Metals & Mining – 0.4% |
| |||||||
Grupo Mexico SAB de CV, Series B | 12,414 | 59,651 | ||||||
Industrias Penoles SAB de CV* | 605 | 8,481 | ||||||
|
| |||||||
| Total Metals & Mining |
| 68,132 | ||||||
| Real Estate Management & Development – 0.1% |
| |||||||
Corp. Inmobiliaria Vesta SAB de CV | 3,000 | 9,713 | ||||||
| Transportation Infrastructure – 0.4% |
| |||||||
Grupo Aeroportuario del Centro Norte SAB de CV | 1,200 | 12,726 | ||||||
Grupo Aeroportuario del Pacifico SAB de CV, Class B | 1,634 | 29,271 | ||||||
Grupo Aeroportuario del Sureste SAB de CV, Class B | 715 | 19,895 | ||||||
Promotora y Operadora de Infraestructura SAB de CV | 953 | 9,528 | ||||||
|
| |||||||
| Total Transportation Infrastructure |
| 71,420 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 61 |
Schedule of Investments (continued)
WisdomTree Emerging Markets ex-China Fund (XC)
June 30, 2023
| Investments | Shares | Value | ||||||
| Wireless Telecommunication Services – 0.5% |
| |||||||
America Movil SAB de CV, Series B | 76,956 | $ | 83,460 | |||||
| Total Mexico |
| 675,521 | ||||||
| Philippines – 1.1% |
| |||||||
| Banks – 0.3% |
| |||||||
Bank of the Philippine Islands | 7,801 | 15,376 | ||||||
BDO Unibank, Inc. | 8,808 | 21,972 | ||||||
Metropolitan Bank & Trust Co. | 7,680 | 7,750 | ||||||
|
| |||||||
| Total Banks |
| 45,098 | ||||||
| Food Products – 0.1% |
| |||||||
Monde Nissin Corp.(a) | 37,100 | 5,383 | ||||||
Universal Robina Corp. | 4,020 | 10,014 | ||||||
|
| |||||||
| Total Food Products |
| 15,397 | ||||||
| Hotels, Restaurants & Leisure – 0.0% |
| |||||||
Jollibee Foods Corp. | 1,740 | 7,540 | ||||||
| Industrial Conglomerates – 0.3% |
| |||||||
Ayala Corp. | 1,010 | 11,436 | ||||||
JG Summit Holdings, Inc. | 12,600 | 10,146 | ||||||
SM Investments Corp. | 1,980 | 33,180 | ||||||
|
| |||||||
| Total Industrial Conglomerates |
| 54,762 | ||||||
| Real Estate Management & Development – 0.2% |
| |||||||
Ayala Land, Inc. | 25,200 | 11,094 | ||||||
SM Prime Holdings, Inc. | 48,600 | 28,922 | ||||||
|
| |||||||
| Total Real Estate Management & Development |
| 40,016 | ||||||
| Transportation Infrastructure – 0.1% |
| |||||||
International Container Terminal Services, Inc. | 3,240 | 11,962 | ||||||
| Wireless Telecommunication Services – 0.1% |
| |||||||
PLDT, Inc. | 330 | 7,844 | ||||||
| Total Philippines |
| 182,619 | ||||||
| Poland – 1.3% |
| |||||||
| Banks – 0.5% |
| |||||||
Bank Polska Kasa Opieki SA | 1,612 | 43,961 | ||||||
Santander Bank Polska SA* | 341 | 32,648 | ||||||
|
| |||||||
| Total Banks |
| 76,609 | ||||||
| Consumer Staples Distribution & Retail – 0.4% |
| |||||||
Dino Polska SA*(a) | 503 | 58,781 | ||||||
| Entertainment – 0.1% |
| |||||||
CD Projekt SA | 587 | 22,372 | ||||||
| Software – 0.1% |
| |||||||
Asseco Poland SA | 675 | 13,332 | ||||||
| Textiles, Apparel & Luxury Goods – 0.2% |
| |||||||
LPP SA* | 11 | 37,931 | ||||||
| Total Poland |
| 209,025 | ||||||
| Saudi Arabia – 3.2% |
| |||||||
| Banks – 1.9% |
| |||||||
Al Rajhi Bank | 10,650 | 207,281 | ||||||
Alinma Bank | 4,880 | 43,587 | ||||||
Arab National Bank | 1,010 | 7,096 | ||||||
Bank Al-Jazira | 2,674 | 13,032 | ||||||
Bank AlBilad | 2,258 | 23,298 | ||||||
Saudi Awwal Bank | 1,603 | 16,305 | ||||||
|
| |||||||
| Total Banks |
| 310,599 | ||||||
| Chemicals – 0.2% |
| |||||||
Advanced Petrochemical Co. | 786 | 9,242 | ||||||
National Industrialization Co., Class C* | 2,026 | 8,059 | ||||||
Sahara International Petrochemical Co. | 2,050 | 20,141 | ||||||
|
| |||||||
| Total Chemicals |
| 37,442 | ||||||
| Construction Materials – 0.1% |
| |||||||
Saudi Cement Co. | 556 | 8,805 | ||||||
| Consumer Staples Distribution & Retail – 0.1% |
| |||||||
Abdullah Al Othaim Markets Co. | 2,520 | 9,366 | ||||||
Nahdi Medical Co. | 240 | 10,878 | ||||||
|
| |||||||
| Total Consumer Staples Distribution & Retail |
| 20,244 | ||||||
| Food Products – 0.1% |
| |||||||
Savola Group | 1,391 | 15,447 | ||||||
| Health Care Providers & Services – 0.3% |
| |||||||
Dallah Healthcare Co. | 174 | 7,785 | ||||||
Dr. Sulaiman Al Habib Medical Services Group Co. | 515 | 39,297 | ||||||
Mouwasat Medical Services Co. | 257 | 16,582 | ||||||
|
| |||||||
| Total Health Care Providers & Services |
| 63,664 | ||||||
| Media – 0.1% |
| |||||||
Saudi Research & Media Group* | 168 | 8,457 | ||||||
| Real Estate Management & Development – 0.1% |
| |||||||
Dar Al Arkan Real Estate Development Co.* | 3,200 | 13,088 | ||||||
| Specialty Retail – 0.1% |
| |||||||
Jarir Marketing Co. | 3,300 | 14,552 | ||||||
| Wireless Telecommunication Services – 0.2% |
| |||||||
Etihad Etisalat Co. | 2,212 | 28,249 | ||||||
Mobile Telecommunications Co. Saudi Arabia* | 2,229 | 8,415 | ||||||
|
| |||||||
| Total Wireless Telecommunication Services |
| 36,664 | ||||||
| Total Saudi Arabia |
| 528,962 | ||||||
| South Africa – 5.4% |
| |||||||
| Banks – 0.9% |
| |||||||
Absa Group Ltd. | 3,837 | 34,104 | ||||||
Capitec Bank Holdings Ltd. | 401 | 33,280 | ||||||
Nedbank Group Ltd. | 2,265 | 27,406 | ||||||
Standard Bank Group Ltd. | 6,287 | 59,089 | ||||||
|
| |||||||
| Total Banks |
| 153,879 | ||||||
| Broadline Retail – 1.2% |
| |||||||
Naspers Ltd., Class N | 1,001 | 180,104 | ||||||
Woolworths Holdings Ltd. | 5,160 | 19,489 | ||||||
|
| |||||||
| Total Broadline Retail |
| 199,593 | ||||||
| Capital Markets – 0.1% |
| |||||||
Investec Ltd. | 1,487 | 8,345 | ||||||
| Consumer Staples Distribution & Retail – 0.5% |
| |||||||
Bid Corp. Ltd. | 1,528 | 33,428 | ||||||
Clicks Group Ltd. | 1,090 | 15,076 | ||||||
Pick n Pay Stores Ltd. | 1,720 | 3,540 | ||||||
See Notes to Financial Statements.
| 62 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Emerging Markets ex-China Fund (XC)
June 30, 2023
| Investments | Shares | Value | ||||||
Shoprite Holdings Ltd. | 2,194 | $ | 26,201 | |||||
|
| |||||||
| Total Consumer Staples Distribution & Retail |
| 78,245 | ||||||
| Diversified REITs – 0.1% |
| |||||||
Growthpoint Properties Ltd. | 14,571 | 8,993 | ||||||
Redefine Properties Ltd. | 31,993 | 5,572 | ||||||
|
| |||||||
| Total Diversified REITs |
| 14,565 | ||||||
| Financial Services – 0.7% |
| |||||||
FirstRand Ltd. | 25,902 | 93,921 | ||||||
Remgro Ltd. | 2,463 | 19,172 | ||||||
|
| |||||||
| Total Financial Services |
| 113,093 | ||||||
| Food Products – 0.1% |
| |||||||
Tiger Brands Ltd. | 857 | 7,586 | ||||||
| Insurance – 0.4% |
| |||||||
Discovery Ltd.* | 2,416 | 18,653 | ||||||
Momentum Metropolitan Holdings | 6,816 | 6,516 | ||||||
Old Mutual Ltd. | 21,162 | 13,577 | ||||||
Sanlam Ltd. | 8,745 | 27,011 | ||||||
|
| |||||||
| Total Insurance |
| 65,757 | ||||||
| Media – 0.1% |
| |||||||
MultiChoice Group | 2,188 | 11,060 | ||||||
| Metals & Mining – 1.0% |
| |||||||
Anglo American Platinum Ltd. | 216 | 9,733 | ||||||
AngloGold Ashanti Ltd. | 1,877 | 39,523 | ||||||
Gold Fields Ltd. | 3,896 | 53,959 | ||||||
Harmony Gold Mining Co. Ltd. | 2,439 | 10,232 | ||||||
Impala Platinum Holdings Ltd. | 3,386 | 22,462 | ||||||
Kumba Iron Ore Ltd. | 294 | 6,887 | ||||||
Northam Platinum Holdings Ltd.* | 1,121 | 7,446 | ||||||
Sibanye Stillwater Ltd. | 12,740 | 19,557 | ||||||
|
| |||||||
| Total Metals & Mining |
| 169,799 | ||||||
| Pharmaceuticals – 0.1% |
| |||||||
Aspen Pharmacare Holdings Ltd. | 1,858 | 18,060 | ||||||
| Specialty Retail – 0.1% |
| |||||||
Motus Holdings Ltd. | 828 | 4,391 | ||||||
Mr. Price Group Ltd. | 1,295 | 9,885 | ||||||
Pepkor Holdings Ltd.(a) | 6,726 | 5,874 | ||||||
|
| |||||||
| Total Specialty Retail |
| 20,150 | ||||||
| Wireless Telecommunication Services – 0.1% |
| |||||||
Vodacom Group Ltd. | 3,411 | 21,162 | ||||||
| Total South Africa |
| 881,294 | ||||||
| South Korea – 19.3% |
| |||||||
| Air Freight & Logistics – 0.1% |
| |||||||
Hyundai Glovis Co. Ltd. | 84 | 12,603 | ||||||
| Automobile Components – 0.1% |
| |||||||
Hankook Tire & Technology Co. Ltd. | 371 | 9,686 | ||||||
Hanon Systems | 858 | 5,958 | ||||||
HL Mando Co. Ltd. | 150 | 6,136 | ||||||
|
| |||||||
| Total Automobile Components |
| 21,780 | ||||||
| Automobiles – 1.1% |
| |||||||
Hyundai Motor Co. | 642 | 100,613 | ||||||
Kia Corp. | 1,186 | 79,658 | ||||||
|
| |||||||
| Total Automobiles |
| 180,271 | ||||||
| Banks – 1.2% |
| |||||||
BNK Financial Group, Inc. | 1,187 | 6,243 | ||||||
Hana Financial Group, Inc. | 1,174 | 34,927 | ||||||
KakaoBank Corp. | 1,756 | 31,651 | ||||||
KB Financial Group, Inc. | 1,534 | 55,590 | ||||||
Shinhan Financial Group Co. Ltd. | 2,029 | 52,355 | ||||||
Woori Financial Group, Inc. | 2,661 | 23,810 | ||||||
|
| |||||||
| Total Banks |
| 204,576 | ||||||
| Biotechnology – 0.4% |
| |||||||
Alteogen, Inc.* | 215 | 7,008 | ||||||
Celltrion, Inc. | 446 | 51,754 | ||||||
SK Bioscience Co. Ltd.* | 120 | 7,240 | ||||||
|
| |||||||
| Total Biotechnology |
| 66,002 | ||||||
| Broadline Retail – 0.0% |
| |||||||
Hanwha Galleria Corp.* | 528 | 608 | ||||||
Shinsegae, Inc. | 41 | 5,542 | ||||||
|
| |||||||
| Total Broadline Retail |
| 6,150 | ||||||
| Capital Markets – 0.1% |
| |||||||
Korea Investment Holdings Co. Ltd. | 186 | 7,284 | ||||||
Mirae Asset Securities Co. Ltd. | 1,175 | 6,447 | ||||||
Samsung Securities Co. Ltd. | 270 | 7,377 | ||||||
|
| |||||||
| Total Capital Markets |
| 21,108 | ||||||
| Chemicals – 1.1% |
| |||||||
Ecopro Co. Ltd. | 82 | 46,923 | ||||||
Hansol Chemical Co. Ltd. | 53 | 9,653 | ||||||
Hanwha Solutions Corp.* | 450 | 14,446 | ||||||
Kumho Petrochemical Co. Ltd. | 72 | 7,251 | ||||||
LG Chem Ltd. | 173 | 87,573 | ||||||
Lotte Chemical Corp. | 66 | 7,744 | ||||||
SKC Co. Ltd. | 78 | 5,778 | ||||||
|
| |||||||
| Total Chemicals |
| 179,368 | ||||||
| Construction & Engineering – 0.2% |
| |||||||
GS Engineering & Construction Corp. | 348 | 4,923 | ||||||
Hyundai Engineering & Construction Co. Ltd. | 312 | 9,021 | ||||||
Samsung Engineering Co. Ltd.* | 515 | 11,061 | ||||||
|
| |||||||
| Total Construction & Engineering |
| 25,005 | ||||||
| Construction Materials – 0.2% |
| |||||||
POSCO Future M Co. Ltd. | 125 | 33,488 | ||||||
| Consumer Staples Distribution & Retail – 0.1% |
| |||||||
BGF Retail Co. Ltd. | 36 | 4,778 | ||||||
E-Mart, Inc. | 90 | 5,253 | ||||||
|
| |||||||
| Total Consumer Staples Distribution & Retail |
| 10,031 | ||||||
| Diversified Telecommunication Services – 0.1% |
| |||||||
LG Uplus Corp. | 1,001 | 8,151 | ||||||
| Electrical Equipment – 0.9% |
| |||||||
CS Wind Corp. | 143 | 9,366 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 63 |
Schedule of Investments (continued)
WisdomTree Emerging Markets ex-China Fund (XC)
June 30, 2023
| Investments | Shares | Value | ||||||
Doosan Enerbility Co. Ltd.* | 1,840 | $ | 25,289 | |||||
Ecopro BM Co. Ltd. | 204 | 38,550 | ||||||
LG Energy Solution Ltd.* | 150 | 62,953 | ||||||
LS Corp. | 120 | 8,461 | ||||||
|
| |||||||
| Total Electrical Equipment |
| 144,619 | ||||||
| Electronic Equipment, Instruments & Components – 1.1% |
| |||||||
L&F Co. Ltd. | 89 | 16,413 | ||||||
LG Display Co. Ltd.* | 881 | 10,538 | ||||||
LG Innotek Co. Ltd. | 60 | 14,093 | ||||||
Samsung Electro-Mechanics Co. Ltd. | 228 | 25,004 | ||||||
Samsung SDI Co. Ltd. | 209 | 106,114 | ||||||
|
| |||||||
| Total Electronic Equipment, Instruments & Components |
| 172,162 | ||||||
| Entertainment – 0.4% |
| |||||||
HYBE Co. Ltd.* | 83 | 17,732 | ||||||
Kakao Games Corp.* | 152 | 3,790 | ||||||
Krafton, Inc.* | 162 | 23,950 | ||||||
NCSoft Corp. | 66 | 14,776 | ||||||
Pearl Abyss Corp.* | 209 | 8,343 | ||||||
|
| |||||||
| Total Entertainment |
| 68,591 | ||||||
| Food Products – 0.1% |
| |||||||
CJ CheilJedang Corp. | 35 | 7,158 | ||||||
Orion Corp. | 96 | 8,743 | ||||||
|
| |||||||
| Total Food Products |
| 15,901 | ||||||
| Health Care Equipment & Supplies – 0.1% |
| |||||||
HLB, Inc.* | 450 | 11,099 | ||||||
| Health Care Providers & Services – 0.1% |
| |||||||
Celltrion Healthcare Co. Ltd. | 432 | 21,475 | ||||||
| Household Durables – 0.3% |
| |||||||
Coway Co. Ltd. | 233 | 7,772 | ||||||
LG Electronics, Inc. | 437 | 42,020 | ||||||
|
| |||||||
| Total Household Durables |
| 49,792 | ||||||
| Industrial Conglomerates – 0.6% |
| |||||||
GS Holdings Corp. | 366 | 10,180 | ||||||
LG Corp. | 516 | 34,462 | ||||||
Lotte Corp. | 174 | 3,301 | ||||||
Samsung C&T Corp. | 347 | 27,836 | ||||||
SK Square Co. Ltd.* | 366 | 12,291 | ||||||
SK, Inc. | 150 | 16,928 | ||||||
|
| |||||||
| Total Industrial Conglomerates |
| 104,998 | ||||||
| Insurance – 0.4% |
| |||||||
DB Insurance Co. Ltd. | 210 | 11,890 | ||||||
Hyundai Marine & Fire Insurance Co. Ltd. | 234 | 5,514 | ||||||
Samsung Fire & Marine Insurance Co. Ltd. | 132 | 23,041 | ||||||
Samsung Life Insurance Co. Ltd. | 384 | 19,613 | ||||||
|
| |||||||
| Total Insurance |
| 60,058 | ||||||
| Interactive Media & Services – 0.9% |
| |||||||
Kakao Corp. | 1,384 | 51,572 | ||||||
NAVER Corp. | 743 | 103,078 | ||||||
|
| |||||||
| Total Interactive Media & Services |
| 154,650 | ||||||
| IT Services – 0.1% |
| |||||||
Samsung SDS Co. Ltd. | 173 | 16,136 | ||||||
| Life Sciences Tools & Services – 0.3% |
| |||||||
Samsung Biologics Co. Ltd.*(a) | 84 | 47,430 | ||||||
| Machinery – 0.3% |
| |||||||
HD Hyundai Heavy Industries Co. Ltd.* | 96 | 9,595 | ||||||
HD Korea Shipbuilding & Offshore Engineering Co. Ltd.* | 174 | 15,384 | ||||||
Hyundai Rotem Co. Ltd.* | 306 | 8,488 | ||||||
Samsung Heavy Industries Co. Ltd.* | 2,818 | 14,265 | ||||||
|
| |||||||
| Total Machinery |
| 47,732 | ||||||
| Media – 0.0% |
| |||||||
Cheil Worldwide, Inc. | 336 | 4,623 | ||||||
| Metals & Mining – 0.7% |
| |||||||
Hyundai Steel Co. | 318 | 8,145 | ||||||
Korea Zinc Co. Ltd. | 53 | 19,609 | ||||||
POSCO Holdings, Inc. | 288 | 84,806 | ||||||
|
| |||||||
| Total Metals & Mining |
| 112,560 | ||||||
| Oil, Gas & Consumable Fuels – 0.2% |
| |||||||
HD Hyundai Co. Ltd. | 174 | 7,910 | ||||||
SK Innovation Co. Ltd.* | 204 | 24,539 | ||||||
|
| |||||||
| Total Oil, Gas & Consumable Fuels |
| 32,449 | ||||||
| Passenger Airlines – 0.1% |
| |||||||
Korean Air Lines Co. Ltd. | 702 | 12,973 | ||||||
| Personal Care Products – 0.1% |
| |||||||
Amorepacific Corp. | 132 | 9,777 | ||||||
LG H&H Co. Ltd. | 36 | 12,541 | ||||||
|
| |||||||
| Total Personal Care Products |
| 22,318 | ||||||
| Pharmaceuticals – 0.2% |
| |||||||
Hanmi Pharm Co. Ltd. | 30 | 7,024 | ||||||
SK Biopharmaceuticals Co. Ltd.* | 138 | 8,473 | ||||||
Yuhan Corp. | 203 | 9,305 | ||||||
|
| |||||||
| Total Pharmaceuticals |
| 24,802 | ||||||
| Semiconductors & Semiconductor Equipment – 1.0% |
| |||||||
SK Hynix, Inc. | 1,924 | 168,212 | ||||||
| Specialty Retail – 0.0% |
| |||||||
Hotel Shilla Co. Ltd. | 125 | 6,963 | ||||||
| Technology Hardware, Storage & Peripherals – 6.6% |
| |||||||
Samsung Electronics Co. Ltd. | 19,633 | 1,075,781 | ||||||
| Textiles, Apparel & Luxury Goods – 0.1% |
| |||||||
F&F Co. Ltd. | 71 | 6,445 | ||||||
Fila Holdings Corp. | 228 | 6,921 | ||||||
|
| |||||||
| Total Textiles, Apparel & Luxury Goods |
| 13,366 | ||||||
| Total South Korea |
| 3,157,223 | ||||||
| Taiwan – 24.5% |
| |||||||
| Automobile Components – 0.1% |
| |||||||
Cheng Shin Rubber Industry Co. Ltd. | 11,000 | 14,181 | ||||||
| Banks – 1.4% |
| |||||||
CTBC Financial Holding Co. Ltd. | 84,000 | 67,023 | ||||||
See Notes to Financial Statements.
| 64 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Emerging Markets ex-China Fund (XC)
June 30, 2023
| Investments | Shares | Value | ||||||
E.Sun Financial Holding Co. Ltd. | 60,840 | $ | 50,888 | |||||
Far Eastern International Bank | 17,000 | 6,496 | ||||||
Shanghai Commercial & Savings Bank Ltd. | 18,392 | 26,810 | ||||||
SinoPac Financial Holdings Co. Ltd. | 53,685 | 29,907 | ||||||
Taichung Commercial Bank Co. Ltd. | 12,629 | 6,164 | ||||||
Taishin Financial Holding Co. Ltd. | 53,000 | 32,163 | ||||||
Union Bank of Taiwan | 12,000 | 6,338 | ||||||
|
| |||||||
| Total Banks |
| 225,789 | ||||||
| Chemicals – 0.9% |
| |||||||
Formosa Chemicals & Fibre Corp. | 18,000 | 38,780 | ||||||
Formosa Plastics Corp. | 19,000 | 52,282 | ||||||
Nan Ya Plastics Corp. | 24,000 | 55,869 | ||||||
|
| |||||||
| Total Chemicals |
| 146,931 | ||||||
| Communications Equipment – 0.1% |
| |||||||
Accton Technology Corp. | 2,000 | 22,412 | ||||||
| Construction Materials – 0.1% |
| |||||||
Asia Cement Corp. | 12,000 | 17,107 | ||||||
| Consumer Staples Distribution & Retail – 0.2% |
| |||||||
President Chain Store Corp. | 3,000 | 27,212 | ||||||
| Electrical Equipment – 0.3% |
| |||||||
Tatung Co. Ltd.* | 10,000 | 17,435 | ||||||
Teco Electric & Machinery Co. Ltd. | 11,000 | 18,825 | ||||||
Walsin Lihwa Corp. | 13,000 | 17,114 | ||||||
|
| |||||||
| Total Electrical Equipment |
| 53,374 | ||||||
| Electronic Equipment, Instruments & Components – 3.2% |
| |||||||
AUO Corp. | 42,000 | 25,083 | ||||||
Chroma ATE, Inc. | 3,000 | 24,129 | ||||||
Compeq Manufacturing Co. Ltd. | 6,000 | 8,554 | ||||||
Delta Electronics, Inc. | 9,000 | 99,552 | ||||||
Elite Material Co. Ltd. | 4,000 | 31,274 | ||||||
Genius Electronic Optical Co. Ltd. | 1,000 | 12,715 | ||||||
Hon Hai Precision Industry Co. Ltd. | 53,000 | 192,297 | ||||||
Innolux Corp. | 47,725 | 23,369 | ||||||
Nan Ya Printed Circuit Board Corp. | 1,000 | 8,477 | ||||||
Sinbon Electronics Co. Ltd. | 1,000 | 11,864 | ||||||
Synnex Technology International Corp. | 6,000 | 11,174 | ||||||
Unimicron Technology Corp. | 6,000 | 33,906 | ||||||
WPG Holdings Ltd. | 12,000 | 21,076 | ||||||
Yageo Corp. | 1,000 | 15,781 | ||||||
|
| |||||||
| Total Electronic Equipment, Instruments & Components | 519,251 | |||||||
| Financial Services – 0.2% |
| |||||||
Yuanta Financial Holding Co. Ltd. | 54,000 | 40,052 | ||||||
| Food Products – 0.3% |
| |||||||
Uni-President Enterprises Corp. | 24,000 | 58,797 | ||||||
| Industrial Conglomerates – 0.1% |
| |||||||
Far Eastern New Century Corp. | 18,000 | 19,332 | ||||||
| Insurance – 1.1% |
| |||||||
Cathay Financial Holding Co. Ltd. | 42,101 | 58,330 | ||||||
China Development Financial Holding Corp.* | 77,000 | 30,657 | ||||||
Fubon Financial Holding Co. Ltd. | 35,250 | 68,815 | ||||||
Shin Kong Financial Holding Co. Ltd.* | 66,000 | 18,860 | ||||||
|
| |||||||
| Total Insurance |
| 176,662 | ||||||
| Leisure Products – 0.2% |
| |||||||
Giant Manufacturing Co. Ltd. | 1,036 | 7,651 | ||||||
Merida Industry Co. Ltd. | 3,000 | 21,384 | ||||||
|
| |||||||
| Total Leisure Products |
| 29,035 | ||||||
| Machinery – 0.0% |
| |||||||
Hiwin Technologies Corp. | 1,000 | 7,626 | ||||||
| Marine Transportation – 0.1% |
| |||||||
Evergreen Marine Corp. Taiwan Ltd. | 2,000 | 6,004 | ||||||
Wan Hai Lines Ltd. | 4,000 | 7,578 | ||||||
|
| |||||||
| Total Marine Transportation |
| 13,582 | ||||||
| Metals & Mining – 0.1% |
| |||||||
TA Chen Stainless Pipe | 11,000 | 16,741 | ||||||
| Oil, Gas & Consumable Fuels – 0.2% |
| |||||||
Formosa Petrochemical Corp. | �� | 10,000 | 27,067 | |||||
| Passenger Airlines – 0.1% |
| |||||||
Eva Airways Corp. | 12,000 | 15,335 | ||||||
| Real Estate Management & Development – 0.1% |
| |||||||
Highwealth Construction Corp. | 6,100 | 8,354 | ||||||
Ruentex Development Co. Ltd. | 11,500 | 13,274 | ||||||
|
| |||||||
| Total Real Estate Management & Development |
| 21,628 | ||||||
| Semiconductors & Semiconductor Equipment – 12.6% |
| |||||||
ASE Technology Holding Co. Ltd. | 17,000 | 60,316 | ||||||
King Yuan Electronics Co. Ltd. | 6,000 | 10,981 | ||||||
Macronix International Co. Ltd. | 6,000 | 6,300 | ||||||
MediaTek, Inc. | 7,000 | 154,634 | ||||||
Nanya Technology Corp. | 6,000 | 13,640 | ||||||
Novatek Microelectronics Corp. | 2,000 | 27,388 | ||||||
Powerchip Semiconductor Manufacturing Corp. | 11,000 | 10,931 | ||||||
Realtek Semiconductor Corp. | 3,000 | 37,326 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd. | 89,000 | 1,646,005 | ||||||
United Microelectronics Corp. | 53,000 | 82,535 | ||||||
Winbond Electronics Corp.* | 12,000 | 10,576 | ||||||
|
| |||||||
| Total Semiconductors & Semiconductor Equipment |
| 2,060,632 | ||||||
| Specialty Retail – 0.2% |
| |||||||
Hotai Motor Co. Ltd. | 1,000 | 26,136 | ||||||
| Technology Hardware, Storage & Peripherals – 2.2% |
| |||||||
Acer, Inc. | 17,000 | 17,112 | ||||||
Advantech Co. Ltd. | 3,000 | 39,445 | ||||||
Asustek Computer, Inc. | 4,000 | 40,392 | ||||||
Catcher Technology Co. Ltd. | 3,000 | 16,905 | ||||||
Compal Electronics, Inc. | 18,000 | 16,905 | ||||||
Inventec Corp. | 12,000 | 16,645 | ||||||
Lite-On Technology Corp., ADR | 11,000 | 36,556 | ||||||
Pegatron Corp. | 11,000 | 26,419 | ||||||
Qisda Corp. | 12,000 | 17,685 | ||||||
Quanta Computer, Inc. | 18,000 | 87,849 | ||||||
Wistron Corp. | 18,000 | 52,478 | ||||||
|
| |||||||
| Total Technology Hardware, Storage & Peripherals | 368,391 | |||||||
See Notes to Financial Statements.
| WisdomTree Trust | 65 |
Schedule of Investments (continued)
WisdomTree Emerging Markets ex-China Fund (XC)
June 30, 2023
| Investments | Shares | Value | ||||||
| Textiles, Apparel & Luxury Goods – 0.4% |
| |||||||
Eclat Textile Co. Ltd. | 1,000 | $ | 16,038 | |||||
Feng TAY Enterprise Co. Ltd. | 3,000 | 18,928 | ||||||
Makalot Industrial Co. Ltd. | 2,000 | 19,393 | ||||||
Pou Chen Corp. | 12,000 | 12,137 | ||||||
|
| |||||||
| Total Textiles, Apparel & Luxury Goods |
| 66,496 | ||||||
| Wireless Telecommunication Services – 0.3% |
| |||||||
Far EasTone Telecommunications Co. Ltd. | 7,000 | 17,666 | ||||||
Taiwan Mobile Co. Ltd. | 10,000 | 30,696 | ||||||
|
| |||||||
| Total Wireless Telecommunication Services |
| 48,362 | ||||||
| Total Taiwan |
| 4,022,131 | ||||||
| Thailand – 2.9% |
| |||||||
| Banks – 0.3% |
| |||||||
Bangkok Bank PCL, NVDR | 2,900 | 13,046 | ||||||
Bank of Ayudhya PCL, NVDR | 7,800 | 6,765 | ||||||
Kasikornbank PCL, NVDR | 6,600 | 24,107 | ||||||
TMBThanachart Bank PCL, NVDR | 242,200 | 10,588 | ||||||
|
| |||||||
| Total Banks |
| 54,506 | ||||||
| Beverages – 0.1% |
| |||||||
Carabao Group PCL, NVDR | 3,000 | 5,542 | ||||||
Osotspa PCL, NVDR | 9,000 | 7,552 | ||||||
|
| |||||||
| Total Beverages |
| 13,094 | ||||||
| Broadline Retail – 0.1% |
| |||||||
Central Retail Corp. PCL, NVDR | 17,400 | 19,140 | ||||||
| Chemicals – 0.1% |
| |||||||
Indorama Ventures PCL, NVDR | 12,600 | 12,172 | ||||||
| Consumer Staples Distribution & Retail – 0.4% |
| |||||||
CP ALL PCL, NVDR | 36,600 | 64,518 | ||||||
| Containers & Packaging – 0.0% |
| |||||||
SCG Packaging PCL, NVDR | 7,700 | 8,090 | ||||||
| Diversified Telecommunication Services – 0.1% |
| |||||||
True Corp. PCL, NVDR | 51,596 | 9,532 | ||||||
| Electronic Equipment, Instruments & Components – 0.4% |
| |||||||
Delta Electronics Thailand PCL, NVDR | 25,000 | 64,871 | ||||||
| Food Products – 0.1% |
| |||||||
Charoen Pokphand Foods PCL, NVDR | 19,800 | 11,001 | ||||||
Thai Union Group PCL, NVDR | 13,800 | 5,021 | ||||||
|
| |||||||
| Total Food Products |
| 16,022 | ||||||
| Ground Transportation – 0.0% |
| |||||||
BTS Group Holdings PCL, NVDR | 37,200 | 7,817 | ||||||
| Health Care Providers & Services – 0.2% |
| |||||||
Bangkok Dusit Medical Services PCL, NVDR | 24,500 | 19,176 | ||||||
Bumrungrad Hospital PCL, NVDR | 1,800 | 11,473 | ||||||
|
| |||||||
| Total Health Care Providers & Services |
| 30,649 | ||||||
| Hotels, Restaurants & Leisure – 0.1% |
| |||||||
Asset World Corp. PCL, NVDR | 46,200 | 6,437 | ||||||
Minor International PCL, NVDR | 16,800 | 16,229 | ||||||
|
| |||||||
| Total Hotels, Restaurants & Leisure |
| 22,666 | ||||||
| Independent Power & Renewable Electricity Producers – 0.4% |
| |||||||
Energy Absolute PCL, NVDR | 10,200 | 16,398 | ||||||
Gulf Energy Development PCL, NVDR | 34,100 | 44,963 | ||||||
|
| |||||||
| Total Independent Power & Renewable Electricity Producers | 61,361 | |||||||
| Real Estate Management & Development – 0.1% |
| |||||||
Central Pattana PCL, NVDR | 9,000 | 16,627 | ||||||
| Specialty Retail – 0.1% |
| |||||||
Home Product Center PCL, NVDR | 24,000 | 9,477 | ||||||
| Transportation Infrastructure – 0.1% |
| |||||||
Bangkok Expressway & Metro PCL, NVDR | 45,000 | 10,852 | ||||||
| Wireless Telecommunication Services – 0.3% |
| |||||||
Advanced Info Service PCL, NVDR | 6,600 | 39,836 | ||||||
Intouch Holdings PCL, NVDR | 7,100 | 14,819 | ||||||
|
| |||||||
| Total Wireless Telecommunication Services |
| 54,655 | ||||||
| Total Thailand |
| 476,049 | ||||||
| Turkey – 0.7% |
| |||||||
| Automobiles – 0.1% |
| |||||||
Ford Otomotiv Sanayi AS | 378 | 11,034 | ||||||
| Banks – 0.2% |
| |||||||
Akbank TAS | 14,976 | 11,604 | ||||||
Turkiye Is Bankasi AS, Class C | 17,095 | 9,220 | ||||||
Yapi ve Kredi Bankasi AS | 10,724 | 5,339 | ||||||
|
| |||||||
| Total Banks |
| 26,163 | ||||||
| Chemicals – 0.0% |
| |||||||
Hektas Ticaret TAS* | 4,898 | 5,685 | ||||||
| Consumer Staples Distribution & Retail – 0.1% |
| |||||||
BIM Birlesik Magazalar AS | 2,151 | 14,068 | ||||||
| Industrial Conglomerates – 0.2% |
| |||||||
Enka Insaat ve Sanayi AS | 8,829 | 9,923 | ||||||
KOC Holding AS | 5,149 | 20,482 | ||||||
Turkiye Sise ve Cam Fabrikalari AS | 6,275 | 10,701 | ||||||
|
| |||||||
| Total Industrial Conglomerates |
| 41,106 | ||||||
| Oil, Gas & Consumable Fuels – 0.1% |
| |||||||
Turkiye Petrol Rafinerileri AS | 3,956 | 12,034 | ||||||
| Wireless Telecommunication Services – 0.0% |
| |||||||
Turkcell Iletisim Hizmetleri AS | 5,689 | 7,921 | ||||||
| Total Turkey |
| 118,011 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 99.7% (Cost: $14,856,232) |
| 16,354,447 | ||||||
Other Assets less Liabilities – 0.3% |
| 50,890 | ||||||
|
| |||||||
| NET ASSETS – 100.0% |
| $ | 16,405,337 | |||||
| * | Non-income producing security. |
| (a) | This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers. |
See Notes to Financial Statements.
| 66 | WisdomTree Trust |
Schedule of Investments (concluded)
WisdomTree Emerging Markets ex-China Fund (XC)
June 30, 2023
| FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of June 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
| Quoted Prices in Active Markets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||||||||||
Assets: |
| |||||||||||||||
Investments in Securities | ||||||||||||||||
Common Stocks | $ | 16,354,447 | $ | ��� | $ | — | $ | 16,354,447 | ||||||||
Total Investments in Securities | $ | 16,354,447 | $ | — | $ | — | $ | 16,354,447 | ||||||||
See Notes to Financial Statements.
| WisdomTree Trust | 67 |
Schedule of Investments
WisdomTree International ESG Fund (RESD)
June 30, 2023
| Investments | Shares | Value | ||||||
| COMMON STOCKS – 99.0% | ||||||||
| Australia – 7.3% | ||||||||
ANZ Group Holdings Ltd. | 5,520 | $ | 87,120 | |||||
Aristocrat Leisure Ltd. | 956 | 24,602 | ||||||
BlueScope Steel Ltd. | 1,995 | 27,290 | ||||||
Brambles Ltd. | 8,257 | 79,201 | ||||||
Cochlear Ltd. | 73 | 11,131 | ||||||
Commonwealth Bank of Australia | 1,063 | 70,950 | ||||||
CSL Ltd. | 299 | 55,207 | ||||||
Insurance Australia Group Ltd. | 3,239 | 12,289 | ||||||
Lottery Corp. Ltd. | 3,478 | 11,877 | ||||||
Medibank Pvt Ltd. | 4,533 | 10,621 | ||||||
National Australia Bank Ltd. | 5,058 | 88,784 | ||||||
Qantas Airways Ltd.* | 4,568 | 18,852 | ||||||
QBE Insurance Group Ltd. | 5,641 | 58,840 | ||||||
Sonic Healthcare Ltd. | 940 | 22,257 | ||||||
Suncorp Group Ltd. | 1,240 | 11,135 | ||||||
Telstra Group Ltd. | 21,450 | 61,396 | ||||||
Transurban Group | 6,841 | 64,890 | ||||||
Wesfarmers Ltd. | 491 | 16,126 | ||||||
Westpac Banking Corp.(a) | 5,540 | 78,695 | ||||||
|
| |||||||
| Total Australia | 811,263 | |||||||
| Belgium – 0.6% | ||||||||
Ageas SA/NV | 312 | 12,632 | ||||||
KBC Group NV | 201 | 14,017 | ||||||
UCB SA | 191 | 16,921 | ||||||
Umicore SA | 723 | 20,185 | ||||||
|
| |||||||
| Total Belgium | 63,755 | |||||||
| China – 0.4% | ||||||||
BOC Hong Kong Holdings Ltd. | 5,500 | 16,809 | ||||||
SITC International Holdings Co. Ltd. | 7,000 | 12,773 | ||||||
Wilmar International Ltd. | 6,200 | 17,409 | ||||||
|
| |||||||
| Total China | 46,991 | |||||||
| Denmark – 3.7% | ||||||||
AP Moller – Maersk A/S, Class B | 10 | 17,546 | ||||||
Chr Hansen Holding A/S | 437 | 30,325 | ||||||
DSV A/S | 62 | 13,018 | ||||||
Novo Nordisk A/S, Class B | 1,909 | 307,516 | ||||||
Novozymes A/S, Class B | 717 | 33,398 | ||||||
Rockwool A/S, Class B | 46 | 11,883 | ||||||
|
| |||||||
| Total Denmark | 413,686 | |||||||
| Finland – 0.6% | ||||||||
Elisa Oyj | 228 | 12,174 | ||||||
Nokia Oyj | 3,960 | 16,571 | ||||||
Nordea Bank Abp | 1,303 | 14,150 | ||||||
Orion Oyj, Class B | 628 | 26,049 | ||||||
|
| |||||||
| Total Finland | 68,944 | |||||||
| France – 8.5% | ||||||||
AXA SA | 1,538 | 45,347 | ||||||
Bouygues SA | 1,684 | 56,514 | ||||||
Bureau Veritas SA | 517 | 14,169 | ||||||
Capgemini SE | 186 | 35,218 | ||||||
Danone SA | 990 | 60,636 | ||||||
Edenred | 1,252 | 83,786 | ||||||
EssilorLuxottica SA | 250 | 47,077 | ||||||
Getlink SE | 3,745 | 63,657 | ||||||
Ipsen SA | 378 | 45,446 | ||||||
Kering SA | 82 | 45,232 | ||||||
Klepierre SA | 723 | 17,921 | ||||||
La Francaise des Jeux SAEM(b) | 1,112 | 43,723 | ||||||
Legrand SA | 159 | 15,751 | ||||||
Orange SA | 6,636 | 77,481 | ||||||
Pernod Ricard SA | 330 | 72,870 | ||||||
Sanofi | 1,150 | 123,207 | ||||||
Sodexo SA | 785 | 86,372 | ||||||
Teleperformance | 83 | 13,895 | ||||||
|
| |||||||
| Total France | 948,302 | |||||||
| Germany – 8.6% | ||||||||
Allianz SE, Registered Shares | 287 | 66,757 | ||||||
Bayer AG, Registered Shares | 930 | 51,411 | ||||||
Bayerische Motoren Werke AG | 779 | 95,629 | ||||||
Beiersdorf AG | 384 | 50,797 | ||||||
Brenntag SE | 158 | 12,308 | ||||||
Commerzbank AG | 1,083 | 11,993 | ||||||
Deutsche Boerse AG | 124 | 22,876 | ||||||
Deutsche Post AG, Registered Shares | 2,021 | 98,626 | ||||||
Deutsche Telekom AG, Registered Shares | 1,433 | 31,231 | ||||||
Evonik Industries AG | 921 | 17,514 | ||||||
Fresenius Medical Care AG & Co. KGaA | 278 | 13,275 | ||||||
GEA Group AG | 917 | 38,327 | ||||||
Hannover Rueck SE | 48 | 10,178 | ||||||
Heidelberg Materials AG | 811 | 66,537 | ||||||
Merck KGaA | 319 | 52,744 | ||||||
Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares | 323 | 121,082 | ||||||
Puma SE | 258 | 15,515 | ||||||
SAP SE | 1,305 | 178,169 | ||||||
|
| |||||||
| Total Germany | 954,969 | |||||||
| Hong Kong – 1.2% | ||||||||
CK Asset Holdings Ltd. | 2,000 | 11,076 | ||||||
Hang Seng Bank Ltd. | 1,000 | 14,228 | ||||||
Hong Kong Exchanges & Clearing Ltd. | 600 | 22,602 | ||||||
MTR Corp. Ltd. | 11,500 | 52,829 | ||||||
Sino Land Co. Ltd. | 10,000 | 12,289 | ||||||
Swire Properties Ltd. | 5,200 | 12,780 | ||||||
WH Group Ltd.(b) | 11,000 | 5,825 | ||||||
|
| |||||||
| Total Hong Kong | 131,629 | |||||||
| Ireland – 0.9% | ||||||||
AIB Group PLC | 2,538 | 10,661 | ||||||
CRH PLC | 1,540 | 84,847 | ||||||
Kingspan Group PLC | 161 | 10,697 | ||||||
|
| |||||||
| Total Ireland | 106,205 | |||||||
| Israel – 0.3% | ||||||||
Check Point Software Technologies Ltd.* | 234 | 29,395 | ||||||
See Notes to Financial Statements.
| 68 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree International ESG Fund (RESD)
June 30, 2023
| Investments | Shares | Value | ||||||
| Italy – 1.9% | ||||||||
Amplifon SpA | 363 | $ | 13,303 | |||||
Assicurazioni Generali SpA | 884 | 17,958 | ||||||
Ferrari NV | 30 | 9,803 | ||||||
Mediobanca Banca di Credito Finanziario SpA | 976 | 11,670 | ||||||
Moncler SpA | 165 | 11,402 | ||||||
Poste Italiane SpA(b) | 4,679 | 50,619 | ||||||
Terna – Rete Elettrica Nazionale | 9,036 | 76,954 | ||||||
UniCredit SpA | 1,059 | 24,569 | ||||||
|
| |||||||
| Total Italy | 216,278 | |||||||
| Japan – 23.9% | ||||||||
Advantest Corp. | 100 | 13,249 | ||||||
AGC, Inc.(a) | �� | 900 | 32,149 | |||||
Ajinomoto Co., Inc. | 2,100 | 83,166 | ||||||
Asahi Group Holdings Ltd. | 1,000 | 38,565 | ||||||
Astellas Pharma, Inc. | 3,000 | 44,605 | ||||||
Bridgestone Corp. | 300 | 12,230 | ||||||
Canon, Inc. | 2,300 | 60,311 | ||||||
Chugai Pharmaceutical Co. Ltd. | 600 | 16,962 | ||||||
Dai Nippon Printing Co. Ltd. | 1,600 | 45,143 | ||||||
Dai-ichi Life Holdings, Inc. | 2,300 | 43,570 | ||||||
Daito Trust Construction Co. Ltd. | 100 | 10,091 | ||||||
Daiwa House Industry Co. Ltd. | 500 | 13,118 | ||||||
Daiwa Securities Group, Inc. | 8,200 | 42,000 | ||||||
Dentsu Group, Inc.(a) | 400 | 13,043 | ||||||
Disco Corp. | 100 | 15,643 | ||||||
Fast Retailing Co. Ltd. | 400 | 101,622 | ||||||
Fuji Electric Co. Ltd. | 900 | 39,167 | ||||||
FUJIFILM Holdings Corp. | 200 | 11,819 | ||||||
Fujitsu Ltd. | 600 | 77,192 | ||||||
Hakuhodo DY Holdings, Inc. | 1,100 | 11,507 | ||||||
Hirose Electric Co. Ltd. | 100 | 13,198 | ||||||
Honda Motor Co. Ltd. | 1,900 | 57,065 | ||||||
Hulic Co. Ltd. | 1,400 | 11,924 | ||||||
Ibiden Co. Ltd. | 900 | 50,438 | ||||||
Isuzu Motors Ltd. | 800 | 9,631 | ||||||
Itochu Techno-Solutions Corp. | 600 | 15,094 | ||||||
Kajima Corp. | 1,500 | 22,520 | ||||||
Kao Corp. | 800 | 28,859 | ||||||
KDDI Corp. | 1,700 | 52,340 | ||||||
Kirin Holdings Co. Ltd. | 1,200 | 17,448 | ||||||
Kyowa Kirin Co. Ltd. | 900 | 16,588 | ||||||
Mazda Motor Corp. | 5,500 | 53,027 | ||||||
McDonald’s Holdings Co. Japan Ltd. | 500 | 19,407 | ||||||
MEIJI Holdings Co. Ltd. | 500 | 11,132 | ||||||
Mitsubishi Chemical Group Corp. | 3,200 | 19,111 | ||||||
Mitsui Chemicals, Inc. | 1,100 | 32,185 | ||||||
Mitsui Fudosan Co. Ltd. | 600 | 11,875 | ||||||
Mizuho Financial Group, Inc. | 3,700 | 56,293 | ||||||
MS&AD Insurance Group Holdings, Inc. | 1,500 | 52,887 | ||||||
NGK Insulators Ltd. | 1,000 | 11,859 | ||||||
Nippon Express Holdings, Inc. | 200 | 11,214 | ||||||
Nippon Telegraph & Telephone Corp. | 60,000 | 70,779 | ||||||
Nissin Foods Holdings Co. Ltd. | 100 | 8,240 | ||||||
Nitto Denko Corp. | 600 | 44,128 | ||||||
Nomura Holdings, Inc.(a) | 10,400 | 39,374 | ||||||
Nomura Real Estate Holdings, Inc. | 500 | 11,810 | ||||||
Nomura Research Institute Ltd. | 1,600 | 43,848 | ||||||
Obayashi Corp. | 5,900 | 50,781 | ||||||
Ono Pharmaceutical Co. Ltd. | 800 | 14,424 | ||||||
Oracle Corp. | 100 | 7,396 | ||||||
Otsuka Corp. | 200 | 7,731 | ||||||
Otsuka Holdings Co. Ltd. | 300 | 10,941 | ||||||
Panasonic Holdings Corp. | 2,900 | 35,183 | ||||||
Renesas Electronics Corp.* | 1,400 | 26,167 | ||||||
SCSK Corp. | 2,300 | 35,956 | ||||||
Secom Co. Ltd. | 700 | 47,167 | ||||||
Seiko Epson Corp. | 1,600 | 24,786 | ||||||
Sekisui Chemical Co. Ltd. | 1,900 | 27,238 | ||||||
Sekisui House Ltd. | 2,100 | 42,215 | ||||||
SG Holdings Co. Ltd. | 1,100 | 15,583 | ||||||
Shimizu Corp. | 2,100 | 13,226 | ||||||
Shin-Etsu Chemical Co. Ltd. | 1,500 | 49,483 | ||||||
Shionogi & Co. Ltd. | 300 | 12,599 | ||||||
SoftBank Corp. | 1,200 | 12,786 | ||||||
Sompo Holdings, Inc. | 900 | 40,219 | ||||||
SUMCO Corp. | 1,200 | 16,837 | ||||||
Sumitomo Electric Industries Ltd. | 1,300 | 15,803 | ||||||
Sumitomo Mitsui Financial Group, Inc.(a) | 1,700 | 72,441 | ||||||
Sumitomo Mitsui Trust Holdings, Inc. | 900 | 31,838 | ||||||
Suntory Beverage & Food Ltd. | 800 | 28,848 | ||||||
Sysmex Corp. | 200 | 13,564 | ||||||
Taisei Corp. | 600 | 20,843 | ||||||
Takeda Pharmaceutical Co. Ltd. | 700 | 21,925 | ||||||
TDK Corp. | 900 | 34,665 | ||||||
TIS, Inc. | 800 | 19,876 | ||||||
Toho Co. Ltd. | 300 | 11,356 | ||||||
Tokio Marine Holdings, Inc. | 3,200 | 73,394 | ||||||
Tokyo Electron Ltd. | 800 | 113,799 | ||||||
Tokyo Gas Co. Ltd. | 2,600 | 56,539 | ||||||
Toshiba Corp. | 1,000 | 31,252 | ||||||
TOTO Ltd. | 1,100 | 32,916 | ||||||
Yakult Honsha Co. Ltd. | 200 | 12,599 | ||||||
Yamaha Motor Co. Ltd. | 1,600 | 45,630 | ||||||
Yamato Holdings Co. Ltd. | 800 | 14,408 | ||||||
Yokogawa Electric Corp. | 500 | 9,169 | ||||||
|
| |||||||
| Total Japan | 2,669,009 | |||||||
| Jordan – 0.1% | ||||||||
Hikma Pharmaceuticals PLC | 586 | 14,084 | ||||||
| Netherlands – 3.9% | ||||||||
ABN AMRO Bank NV, CVA(b) | 3,140 | 48,748 | ||||||
Akzo Nobel NV | 540 | 44,021 | ||||||
Heineken Holding NV | 609 | 52,921 | ||||||
Heineken NV | 576 | 59,184 | ||||||
IMCD NV | 75 | 10,776 | ||||||
Koninklijke KPN NV | 20,019 | 71,398 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 69 |
Schedule of Investments (continued)
WisdomTree International ESG Fund (RESD)
June 30, 2023
| Investments | Shares | Value | ||||||
OCI NV* | 355 | $ | 8,509 | |||||
QIAGEN NV* | 215 | 9,650 | ||||||
Randstad NV | 800 | 42,165 | ||||||
Wolters Kluwer NV | 677 | 85,900 | ||||||
|
| |||||||
| Total Netherlands | 433,272 | |||||||
| Norway – 0.4% | ||||||||
Telenor ASA | 3,187 | 32,365 | ||||||
Yara International ASA | 404 | 14,292 | ||||||
|
| |||||||
| Total Norway | 46,657 | |||||||
| Singapore – 1.6% | ||||||||
CapitaLand Ascendas REIT | 6,100 | 12,260 | ||||||
DBS Group Holdings Ltd. | 2,300 | 53,551 | ||||||
Genting Singapore Ltd. | 51,000 | 35,423 | ||||||
Oversea-Chinese Banking Corp. Ltd. | 1,800 | 16,333 | ||||||
Singapore Telecommunications Ltd. | 30,800 | 56,896 | ||||||
|
| |||||||
| Total Singapore | 174,463 | |||||||
| Spain – 5.0% | ||||||||
Acciona SA(a) | 296 | 50,184 | ||||||
Banco Bilbao Vizcaya Argentaria SA | 15,103 | 115,869 | ||||||
Banco Santander SA | 10,734 | 39,641 | ||||||
Corp. ACCIONA Energias Renovables SA(a) | 1,503 | 50,210 | ||||||
Iberdrola SA | 9,690 | 126,333 | ||||||
Industria de Diseno Textil SA | 3,051 | 118,033 | ||||||
Redeia Corp. SA(a) | 2,290 | 38,438 | ||||||
Telefonica SA | 4,426 | 17,944 | ||||||
|
| |||||||
| Total Spain | 556,652 | |||||||
| Sweden – 2.1% | ||||||||
Alfa Laval AB | 271 | 9,860 | ||||||
Assa Abloy AB, Class B | 448 | 10,742 | ||||||
Atlas Copco AB, Class A | 722 | 10,388 | ||||||
Essity AB, Class B | 1,164 | 30,939 | ||||||
H & M Hennes & Mauritz AB, Class B | 906 | 15,533 | ||||||
Industrivarden AB, Class A | 437 | 12,089 | ||||||
Sandvik AB | 692 | 13,467 | ||||||
Skandinaviska Enskilda Banken AB, Class A | 1,057 | 11,660 | ||||||
Svenska Handelsbanken AB, Class A | 4,699 | 39,301 | ||||||
Swedbank AB, Class A | 2,393 | 40,288 | ||||||
Swedish Orphan Biovitrum AB* | 567 | 11,045 | ||||||
Telia Co. AB | 5,629 | 12,325 | ||||||
Volvo Car AB, Class B*(a) | 3,223 | 12,777 | ||||||
|
| |||||||
| Total Sweden | 230,414 | |||||||
| Switzerland – 12.3% | ||||||||
ABB Ltd., Registered Shares | 2,515 | 98,896 | ||||||
Clariant AG, Registered Shares* | 1,112 | 16,059 | ||||||
Coca-Cola HBC AG* | 1,742 | 51,935 | ||||||
Geberit AG, Registered Shares | 27 | 14,127 | ||||||
Givaudan SA, Registered Shares | 18 | 59,655 | ||||||
Holcim AG, Registered Shares* | 697 | 46,900 | ||||||
Julius Baer Group Ltd. | 188 | 11,839 | ||||||
Kuehne & Nagel International AG, Registered Shares | 202 | 59,766 | ||||||
Nestle SA, Registered Shares | 2,615 | 314,507 | ||||||
Novartis AG, Registered Shares | 1,985 | 199,687 | ||||||
Roche Holding AG | 553 | 169,055 | ||||||
SIG Group AG* | 415 | 11,448 | ||||||
Sonova Holding AG, Registered Shares | 72 | 19,170 | ||||||
STMicroelectronics NV | 1,767 | 87,840 | ||||||
Swiss Life Holding AG, Registered Shares | 20 | 11,692 | ||||||
Swiss Re AG | 233 | 23,450 | ||||||
Swisscom AG, Registered Shares | 117 | 72,948 | ||||||
Zurich Insurance Group AG | 216 | 102,586 | ||||||
|
| |||||||
| Total Switzerland | 1,371,560 | |||||||
| United Kingdom – 15.1% | ||||||||
Anglo American PLC | 1,201 | 34,095 | ||||||
AstraZeneca PLC | 1,182 | 169,449 | ||||||
Barratt Developments PLC | 10,733 | 56,424 | ||||||
Berkeley Group Holdings PLC | 288 | 14,364 | ||||||
Bunzl PLC | 1,501 | 57,230 | ||||||
Burberry Group PLC | 452 | 12,183 | ||||||
CNH Industrial NV | 4,553 | 65,593 | ||||||
Compass Group PLC | 443 | 12,402 | ||||||
Diageo PLC | 2,344 | 100,696 | ||||||
HSBC Holdings PLC | 21,074 | 166,569 | ||||||
Informa PLC | 1,371 | 12,654 | ||||||
Kingfisher PLC | 16,000 | 47,131 | ||||||
Legal & General Group PLC | 4,477 | 12,937 | ||||||
Lloyds Banking Group PLC | 33,308 | 18,459 | ||||||
London Stock Exchange Group PLC | 790 | 84,025 | ||||||
National Grid PLC | 6,890 | 91,144 | ||||||
Next PLC | 548 | 48,072 | ||||||
Pearson PLC | 4,925 | 51,469 | ||||||
Reckitt Benckiser Group PLC | 978 | 73,509 | ||||||
RELX PLC | 3,605 | 120,126 | ||||||
Smith & Nephew PLC | 1,003 | 16,169 | ||||||
SSE PLC | 3,103 | 72,627 | ||||||
Standard Chartered PLC | 8,435 | 73,244 | ||||||
Taylor Wimpey PLC | 40,220 | 52,540 | ||||||
Unilever PLC | 2,884 | 150,238 | ||||||
Vodafone Group PLC | 15,493 | 14,570 | ||||||
Whitbread PLC | 898 | 38,657 | ||||||
WPP PLC | 1,176 | 12,311 | ||||||
|
| |||||||
| Total United Kingdom | 1,678,887 | |||||||
| United States – 0.6% | ||||||||
GSK PLC | 2,467 | 43,559 | ||||||
Stellantis NV | 1,096 | 19,239 | ||||||
|
| |||||||
| Total United States | 62,798 | |||||||
TOTAL COMMON STOCKS (Cost: $10,092,744) | 11,029,213 | |||||||
| PREFERRED STOCK – 0.4% | ||||||||
| Germany – 0.4% | ||||||||
| Henkel AG & Co. KGaA (Cost: $47,395) | 622 | 49,714 | ||||||
See Notes to Financial Statements.
| 70 | WisdomTree Trust |
Schedule of Investments (concluded)
WisdomTree International ESG Fund (RESD)
June 30, 2023
| Investments | Shares | Value | ||||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.2% |
| |||||||
| United States – 2.2% | ||||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 5.11%(c) | ||||||||
| (Cost: $241,353) | 241,353 | $ | 241,353 | |||||
TOTAL INVESTMENTS IN SECURITIES – 101.6% (Cost: $10,381,492) |
| 11,320,280 | ||||||
Other Assets less Liabilities – (1.6)% |
| (176,079 | ) | |||||
|
| |||||||
| NET ASSETS – 100.0% |
| $ | 11,144,201 | |||||
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at June 30, 2023 (See Note 2). At June 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $332,375 and the total market value of the collateral held by the Fund was $349,692. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $108,339. |
| (b) | This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers. |
| (c) | Rate shown represents annualized 7-day yield as of June 30, 2023. |
| FAIR VALUATION SUMMARY | ||||||||||||||
The following is a summary of the fair valuations according to the inputs used as of June 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
| Quoted Prices in Active Markets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||||||||||
Assets: |
| |||||||||||||||
Investments in Securities | ||||||||||||||||
Common Stocks | $ | 11,029,213 | $ | — | $ | — | $ | 11,029,213 | ||||||||
Preferred Stock | 49,714 | — | — | 49,714 | ||||||||||||
Investment of Cash Collateral for Securities Loaned | — | 241,353 | — | 241,353 | ||||||||||||
Total Investments in Securities | $ | 11,078,927 | $ | 241,353 | $ | — | $ | 11,320,280 | ||||||||
See Notes to Financial Statements.
| WisdomTree Trust | 71 |
Schedule of Investments
WisdomTree U.S. Corporate Bond Fund (WFIG)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
| CORPORATE BONDS – 98.3% |
| |||||||
| Canada – 0.2% |
| |||||||
Barrick North America Finance LLC | $ | 8,000 | $ | 8,257 | ||||
Canadian Pacific Railway Co. | 7,000 | 6,399 | ||||||
|
| |||||||
| Total Canada |
| 14,656 | ||||||
| Germany – 1.1% |
| |||||||
Deutsche Bank AG | 100,000 | 93,561 | ||||||
| Switzerland – 0.2% |
| |||||||
Novartis Capital Corp. | 17,000 | 16,275 | ||||||
| United Kingdom – 1.3% |
| |||||||
BAT Capital Corp. | 36,000 | 34,919 | ||||||
2.26%, 3/25/28 | 21,000 | 18,010 | ||||||
4.39%, 8/15/37 | 6,000 | 4,804 | ||||||
4.54%, 8/15/47 | 24,000 | 17,752 | ||||||
4.76%, 9/6/49 | 7,000 | 5,293 | ||||||
GlaxoSmithKline Capital, Inc. | 5,000 | 5,716 | ||||||
RELX Capital, Inc. | 5,000 | 4,792 | ||||||
Reynolds American, Inc. | 30,000 | 26,819 | ||||||
|
| |||||||
| Total United Kingdom |
| 118,105 | ||||||
| United States – 95.5% |
| |||||||
3M Co. | 7,000 | 6,430 | ||||||
3.13%, 9/19/46 | 9,000 | 6,349 | ||||||
Abbott Laboratories | 15,000 | 14,527 | ||||||
AbbVie, Inc. | 9,000 | 8,637 | ||||||
3.80%, 3/15/25 | 53,000 | 51,561 | ||||||
3.60%, 5/14/25 | 13,000 | 12,571 | ||||||
4.25%, 11/14/28 | 54,000 | 52,446 | ||||||
3.20%, 11/21/29 | 7,000 | 6,331 | ||||||
4.50%, 5/14/35 | 14,000 | 13,294 | ||||||
4.88%, 11/14/48 | 8,000 | 7,575 | ||||||
4.25%, 11/21/49 | 10,000 | 8,629 | ||||||
Aetna, Inc. | 6,000 | 6,619 | ||||||
Alexandria Real Estate Equities, Inc. | 20,000 | 18,684 | ||||||
1.88%, 2/1/33 | 12,000 | 8,799 | ||||||
Allstate Corp. | 11,000 | 8,584 | ||||||
Ally Financial, Inc. | 77,000 | 77,734 | ||||||
2.20%, 11/2/28 | 6,000 | 4,806 | ||||||
Altria Group, Inc. | 18,000 | 17,524 | ||||||
5.80%, 2/14/39 | 19,000 | 18,613 | ||||||
5.95%, 2/14/49(a) | 20,000 | 18,974 | ||||||
Amazon.com, Inc. | 7,000 | 6,338 | ||||||
2.70%, 6/3/60 | 9,000 | 5,790 | ||||||
Amcor Finance USA, Inc. | 6,000 | 5,678 | ||||||
Ameren Corp. | 14,000 | 12,538 | ||||||
American Electric Power Co., Inc. | 9,000 | 8,610 | ||||||
American Express Co. | 9,000 | 8,746 | ||||||
American Honda Finance Corp. | 49,000 | 43,651 | ||||||
American International Group, Inc. | 16,000 | 15,095 | ||||||
4.38%, 6/30/50 | 10,000 | 8,467 | ||||||
American Water Capital Corp. | 10,000 | 8,877 | ||||||
AmerisourceBergen Corp. | 15,000 | 13,028 | ||||||
Amgen, Inc. | 26,000 | 25,989 | ||||||
5.25%, 3/2/33 | 26,000 | 26,039 | ||||||
4.66%, 6/15/51 | 70,000 | 62,817 | ||||||
5.65%, 3/2/53 | 9,000 | 9,129 | ||||||
Amphenol Corp. | 20,000 | 17,578 | ||||||
Aon Corp. / Aon Global Holdings PLC | 11,000 | 8,789 | ||||||
Apple, Inc. | 6,000 | 4,978 | ||||||
3.85%, 5/4/43 | 7,000 | 6,246 | ||||||
4.65%, 2/23/46 | 9,000 | 8,885 | ||||||
Arizona Public Service Co. | 9,000 | 9,553 | ||||||
Atmos Energy Corp. | 9,000 | 7,106 | ||||||
AutoNation, Inc. | 21,000 | 20,280 | ||||||
AutoZone, Inc. | 15,000 | 11,715 | ||||||
Bank of America Corp. | 9,000 | 8,834 | ||||||
4.45%, 3/3/26 | 24,000 | 23,375 | ||||||
1.73%, 7/22/27, (1.734% fixed rate until 7/22/26; Secured Overnight Financing Rate + 0.96% thereafter)(b) | 32,000 | 28,575 | ||||||
3.25%, 10/21/27 | 10,000 | 9,327 | ||||||
3.42%, 12/20/28, (3.419% fixed rate until 12/20/27; 3-month Secured Overnight Financing Rate + 1.302% thereafter)(b) | 38,000 | 34,973 | ||||||
3.19%, 7/23/30, (3.194% fixed rate until 7/23/29; 3-month Secured Overnight Financing Rate + 1.442% thereafter)(b) | 158,000 | 139,711 | ||||||
2.50%, 2/13/31, (2.496% fixed rate until 2/13/30; 3-month Secured Overnight Financing Rate + 1.252% thereafter)(b) | 27,000 | 22,614 | ||||||
See Notes to Financial Statements.
| 72 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree U.S. Corporate Bond Fund (WFIG)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
2.59%, 4/29/31, (2.592% fixed rate until 4/29/30; Secured Overnight Financing Rate + 2.15% thereafter)(b) | $ | 140,000 | $ | 117,832 | ||||
1.90%, 7/23/31, (1.898% fixed rate until 7/23/30; Secured Overnight Financing Rate + 1.53% thereafter)(b) | 48,000 | 38,242 | ||||||
4.57%, 4/27/33, (4.571% fixed rate until 4/27/32; Secured Overnight Financing Rate + 1.83% thereafter)(b) | 10,000 | 9,419 | ||||||
5.02%, 7/22/33, (5.015% fixed rate until 7/22/32; Secured Overnight Financing Rate + 2.16% thereafter)(b) | 2,000 | 1,958 | ||||||
3.85%, 3/8/37, (3.846% fixed rate until 3/8/32; 5-year Constant Maturity Treasury Rate + 2.00% thereafter)(b) | 5,000 | 4,282 | ||||||
Bank of New York Mellon Corp. | 10,000 | 9,235 | ||||||
3.30%, 8/23/29 | 20,000 | 17,985 | ||||||
Becton Dickinson and Co. | 25,000 | 19,906 | ||||||
Berkshire Hathaway Energy Co. | 15,000 | 15,695 | ||||||
Berkshire Hathaway Finance Corp. | 5,000 | 4,142 | ||||||
Biogen, Inc. | 13,000 | 8,907 | ||||||
Booking Holdings, Inc. | 5,000 | 4,708 | ||||||
BorgWarner, Inc. | 9,000 | 7,261 | ||||||
Boston Scientific Corp. | 10,000 | 9,424 | ||||||
Brighthouse Financial, Inc. | 9,000 | 8,744 | ||||||
4.70%, 6/22/47 | 4,000 | 3,060 | ||||||
Broadcom Corp. / Broadcom Cayman Finance Ltd. | 11,000 | 10,499 | ||||||
Broadcom, Inc. | 26,000 | 21,155 | ||||||
4.30%, 11/15/32 | 18,000 | 16,504 | ||||||
3.42%, 4/15/33(c) | 116,000 | 97,237 | ||||||
3.47%, 4/15/34(c) | 21,000 | 17,237 | ||||||
Broadridge Financial Solutions, Inc. | 136,000 | 128,281 | ||||||
Brown & Brown, Inc. | 11,000 | 9,908 | ||||||
Burlington Northern Santa Fe LLC | 6,000 | 5,926 | ||||||
5.40%, 6/1/41 | 25,000 | 25,592 | ||||||
Campbell Soup Co. | 20,000 | 16,874 | ||||||
Capital One Financial Corp. | 42,000 | 39,152 | ||||||
3.80%, 1/31/28 | 17,000 | 15,678 | ||||||
Carrier Global Corp. | 17,000 | 13,071 | ||||||
Celanese U.S. Holdings LLC | 10,000 | 9,981 | ||||||
6.05%, 3/15/25 | 15,000 | 14,946 | ||||||
6.17%, 7/15/27 | 10,000 | 9,982 | ||||||
CF Industries, Inc. | 10,000 | 8,667 | ||||||
Charles Schwab Corp. | 132,000 | 116,877 | ||||||
Chubb Corp. | 7,000 | 7,875 | ||||||
Cigna Group | 62,000 | 60,762 | ||||||
4.38%, 10/15/28 | 14,000 | 13,567 | ||||||
5.40%, 3/15/33 | 20,000 | 20,341 | ||||||
4.90%, 12/15/48 | 10,000 | 9,332 | ||||||
3.40%, 3/15/51(a) | 12,000 | 8,766 | ||||||
Cisco Systems, Inc. | 6,000 | 6,387 | ||||||
Citigroup, Inc. | 21,000 | 20,900 | ||||||
3.11%, 4/8/26, (3.106% fixed rate until 4/8/25; Secured Overnight Financing Rate + 2.842% thereafter)(b) | 45,000 | 42,985 | ||||||
4.30%, 11/20/26 | 17,000 | 16,302 | ||||||
4.45%, 9/29/27 | 21,000 | 20,071 | ||||||
3.89%, 1/10/28, (3.887% fixed rate until 1/10/27; 3-month Secured Overnight Financing Rate + 1.825% thereafter)(b) | 12,000 | 11,379 | ||||||
4.08%, 4/23/29, (4.075% fixed rate until 4/23/28; 3-month Secured Overnight Financing Rate + 1.454% thereafter)(b) | 37,000 | 34,865 | ||||||
4.41%, 3/31/31, (4.412% fixed rate until 3/31/30; Secured Overnight Financing Rate + 3.914% thereafter)(b) | 27,000 | 25,443 | ||||||
2.56%, 5/1/32, (2.561% fixed rate until 5/1/31; Secured Overnight Financing Rate + 1.167% thereafter)(b) | 22,000 | 17,984 | ||||||
6.63%, 6/15/32 | 19,000 | 20,135 | ||||||
3.06%, 1/25/33, (3.057% fixed rate until 1/25/32; Secured Overnight Financing Rate + 1.351% thereafter)(b) | 27,000 | 22,535 | ||||||
3.79%, 3/17/33, (3.785% fixed rate until 3/17/32; Secured Overnight Financing Rate + 1.939% thereafter)(b) | 49,000 | 43,377 | ||||||
6.27%, 11/17/33, (6.27% fixed rate until 11/17/32; Secured Overnight Financing Rate + 2.338% thereafter)(b) | 25,000 | 26,555 | ||||||
Citizens Financial Group, Inc. | 108,000 | 89,156 | ||||||
Clorox Co. | 9,000 | 8,808 | ||||||
CNA Financial Corp. | 9,000 | 8,742 | ||||||
Coca-Cola Co. | 5,000 | 4,268 | ||||||
3.00%, 3/5/51 | 16,000 | 12,238 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 73 |
Schedule of Investments (continued)
WisdomTree U.S. Corporate Bond Fund (WFIG)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
Comcast Corp. | $ | 45,000 | $ | 43,465 | ||||
3.15%, 2/15/28 | 47,000 | 43,922 | ||||||
4.15%, 10/15/28 | 9,000 | 8,731 | ||||||
4.25%, 10/15/30 | 12,000 | 11,574 | ||||||
1.50%, 2/15/31 | 51,000 | 40,619 | ||||||
4.25%, 1/15/33 | 21,000 | 20,001 | ||||||
2.94%, 11/1/56 | 35,000 | 22,832 | ||||||
Commonwealth Edison Co. | 30,000 | 23,545 | ||||||
Conagra Brands, Inc. | 9,000 | 9,605 | ||||||
Connecticut Light & Power Co. | 31,000 | 27,055 | ||||||
ConocoPhillips | 11,000 | 8,996 | ||||||
Consolidated Edison Co. of New York, Inc. | 17,000 | 19,076 | ||||||
4.50%, 5/15/58 | 21,000 | 17,687 | ||||||
3.60%, 6/15/61 | 6,000 | 4,360 | ||||||
Continental Resources, Inc. | 40,000 | 37,573 | ||||||
Corebridge Financial, Inc. | ||||||||
6.88%, 12/15/52, (6.88% fixed rate until 12/15/51; 5-year Constant Maturity Treasury Rate + 3.846% thereafter)(b) | 27,000 | 25,901 | ||||||
Corning, Inc. | 11,000 | 10,046 | ||||||
CSX Corp. | 7,000 | 7,393 | ||||||
4.25%, 11/1/66 | 8,000 | 6,662 | ||||||
CubeSmart LP | 11,000 | 8,751 | ||||||
CVS Health Corp. | 8,000 | 7,800 | ||||||
3.88%, 7/20/25 | 22,000 | 21,397 | ||||||
4.30%, 3/25/28 | 9,000 | 8,689 | ||||||
4.78%, 3/25/38 | 88,000 | 81,198 | ||||||
5.13%, 7/20/45 | 7,000 | 6,487 | ||||||
5.05%, 3/25/48 | 14,000 | 12,923 | ||||||
Dell International LLC / EMC Corp. | 24,000 | 24,366 | ||||||
5.30%, 10/1/29 | 14,000 | 13,912 | ||||||
3.38%, 12/15/41(c) | 8,000 | 5,655 | ||||||
Devon Energy Corp. | 47,000 | 44,308 | ||||||
Diamondback Energy, Inc. | 25,000 | 25,916 | ||||||
4.25%, 3/15/52 | 6,000 | 4,636 | ||||||
Discover Financial Services | 17,000 | 16,413 | ||||||
Dollar General Corp. | 45,000 | 43,036 | ||||||
Dow Chemical Co. | 29,000 | 23,999 | ||||||
DTE Electric Co. | 10,000 | 8,621 | ||||||
Duke Energy Carolinas LLC | 10,000 | 10,583 | ||||||
Duke Energy Corp. | 15,000 | 13,879 | ||||||
Duke Energy Florida LLC | 7,000 | 5,981 | ||||||
Duke Energy Progress LLC | 58,000 | 45,332 | ||||||
4.00%, 4/1/52 | 10,000 | 8,148 | ||||||
Eastern Gas Transmission & Storage, Inc. | 5,000 | 4,406 | ||||||
eBay, Inc. | 17,000 | 13,595 | ||||||
Elevance Health, Inc. | 17,000 | 16,082 | ||||||
4.65%, 1/15/43 | 8,000 | 7,328 | ||||||
4.55%, 5/15/52 | 10,000 | 8,946 | ||||||
5.13%, 2/15/53 | 18,000 | 17,457 | ||||||
Energy Transfer LP | 20,000 | 20,566 | ||||||
Entergy Corp. | 23,000 | 21,246 | ||||||
Entergy Louisiana LLC | 24,000 | 21,872 | ||||||
Enterprise Products Operating LLC | 21,000 | 18,429 | ||||||
4.85%, 3/15/44 | 19,000 | 17,575 | ||||||
4.80%, 2/1/49 | 20,000 | 18,345 | ||||||
4.20%, 1/31/50 | 22,000 | 18,504 | ||||||
3.95%, 1/31/60 | 10,000 | 7,725 | ||||||
ERP Operating LP | 22,000 | 17,365 | ||||||
Essential Utilities, Inc. | 11,000 | 8,952 | ||||||
Essex Portfolio LP | 10,000 | 8,071 | ||||||
Evergy, Inc. | 7,000 | 6,113 | ||||||
Exelon Corp. | 7,000 | 5,978 | ||||||
4.10%, 3/15/52 | 5,000 | 4,072 | ||||||
Extra Space Storage LP | 17,000 | 13,325 | ||||||
Exxon Mobil Corp. | 6,000 | 5,785 | ||||||
2.71%, 3/6/25 | 9,000 | 8,648 | ||||||
4.33%, 3/19/50 | 19,000 | 17,289 | ||||||
3.45%, 4/15/51 | 6,000 | 4,690 | ||||||
FedEx Corp. | 19,000 | 18,328 | ||||||
Fifth Third Bancorp | 7,000 | 8,039 | ||||||
Fiserv, Inc. | 19,000 | 18,440 | ||||||
Flex Ltd. | 10,000 | 9,781 | ||||||
See Notes to Financial Statements.
| 74 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree U.S. Corporate Bond Fund (WFIG)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
Fortune Brands Innovations, Inc. | $ | 10,000 | $ | 8,924 | ||||
Fox Corp. | 31,000 | 27,953 | ||||||
General Dynamics Corp. | 10,000 | 9,224 | ||||||
General Electric Co. | 10,000 | 11,985 | ||||||
General Mills, Inc. | 12,000 | 11,713 | ||||||
4.20%, 4/17/28 | 9,000 | 8,752 | ||||||
Georgia Power Co. | 24,000 | 22,974 | ||||||
5.13%, 5/15/52 | 9,000 | 8,783 | ||||||
Gilead Sciences, Inc. | 10,000 | 9,668 | ||||||
4.80%, 4/1/44 | 10,000 | 9,573 | ||||||
4.50%, 2/1/45 | 5,000 | 4,570 | ||||||
4.15%, 3/1/47 | 46,000 | 39,966 | ||||||
Global Payments, Inc. | 18,000 | 15,266 | ||||||
Goldman Sachs Group, Inc. | 45,000 | 43,230 | ||||||
1.54%, 9/10/27, (1.542% fixed rate until 9/10/26; Secured Overnight Financing Rate + 0.818% thereafter)(b) | 50,000 | 43,987 | ||||||
4.22%, 5/1/29, (4.223% fixed rate until 5/1/28; 3-month Secured Overnight Financing Rate + 1.563% thereafter)(b) | 46,000 | 43,501 | ||||||
3.10%, 2/24/33, (3.102% fixed rate until 2/24/32; Secured Overnight Financing Rate + 1.41% thereafter)(b) | 53,000 | 44,800 | ||||||
6.75%, 10/1/37 | 40,000 | 43,041 | ||||||
Hartford Financial Services Group, Inc. | 7,000 | 7,000 | ||||||
Hasbro, Inc. | 10,000 | 9,325 | ||||||
HCA, Inc. | 9,000 | 8,701 | ||||||
4.13%, 6/15/29 | 140,000 | 129,723 | ||||||
5.25%, 6/15/49 | 16,000 | 14,516 | ||||||
Healthpeak OP LLC | 16,000 | 14,378 | ||||||
Home Depot, Inc. | 9,000 | 8,782 | ||||||
4.40%, 3/15/45 | 8,000 | 7,311 | ||||||
4.50%, 12/6/48 | 9,000 | 8,357 | ||||||
Honeywell International, Inc. | 17,000 | 18,182 | ||||||
HP, Inc. | 22,000 | 17,742 | ||||||
6.00%, 9/15/41 | 12,000 | 12,147 | ||||||
Humana, Inc. | 15,000 | 13,259 | ||||||
Huntington Bancshares, Inc. | 10,000 | 8,025 | ||||||
Indiana Michigan Power Co. | 40,000 | 35,774 | ||||||
Intel Corp. | 6,000 | 4,903 | ||||||
4.75%, 3/25/50 | 34,000 | 30,841 | ||||||
4.90%, 8/5/52 | 30,000 | 27,777 | ||||||
4.95%, 3/25/60(a) | 8,000 | 7,407 | ||||||
Intercontinental Exchange, Inc. | 15,000 | 14,547 | ||||||
3.00%, 6/15/50 | 13,000 | 9,054 | ||||||
International Business Machines Corp. | 175,000 | 161,831 | ||||||
International Paper Co. | 11,000 | 10,583 | ||||||
4.80%, 6/15/44 | 3,000 | 2,662 | ||||||
Interpublic Group of Cos., Inc. | 11,000 | 10,623 | ||||||
J.M. Smucker Co. | 7,000 | 6,387 | ||||||
Jabil, Inc. | 10,000 | 8,514 | ||||||
JBS USA LUX SA / JBS USA Food Co. / JBS USA Finance, Inc. | 20,000 | 18,998 | ||||||
Jefferies Financial Group, Inc. | 25,000 | 24,520 | ||||||
Johnson & Johnson | 6,000 | 6,055 | ||||||
Johnson Controls International PLC | 22,000 | 21,170 | ||||||
JPMorgan Chase & Co. | ||||||||
4.08%, 4/26/26, (4.08% fixed rate until 4/26/25; Secured Overnight Financing Rate + 1.32% thereafter)(b) | 133,000 | 129,325 | ||||||
3.63%, 12/1/27 | 25,000 | 23,483 | ||||||
4.32%, 4/26/28, (4.323% fixed rate until 4/26/27; Secured Overnight Financing Rate + 1.56% thereafter)(b) | 23,000 | 22,219 | ||||||
4.57%, 6/14/30, (4.565% fixed rate until 6/14/29; Secured Overnight Financing Rate + 1.75% thereafter)(b) | 84,000 | 80,799 | ||||||
4.49%, 3/24/31, (4.493% fixed rate until 3/24/30; 3-month Secured Overnight Financing Rate + 3.79% thereafter)(b) | 23,000 | 22,106 | ||||||
2.58%, 4/22/32, (2.58% fixed rate until 4/22/31 ; 3-month Secured Overnight Financing Rate + 1.25% thereafter)(b) | 26,000 | 21,604 | ||||||
4.91%, 7/25/33, (4.912% fixed rate until 7/25/32; Secured Overnight Financing Rate + 2.08% thereafter)(b) | 3,000 | 2,935 | ||||||
5.72%, 9/14/33, (5.717% fixed rate until 9/14/32; Secured Overnight Financing Rate + 2.58% thereafter)(b) | 34,000 | 34,510 | ||||||
6.40%, 5/15/38 | 11,000 | 12,284 | ||||||
2.53%, 11/19/41, (2.525% fixed rate until 11/19/40; 3-month Secured Overnight Financing Rate + 1.51% thereafter)(b) | 12,000 | 8,275 | ||||||
Kellogg Co. | 10,000 | 8,896 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 75 |
Schedule of Investments (continued)
WisdomTree U.S. Corporate Bond Fund (WFIG)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
Keurig Dr. Pepper, Inc. | $ | 7,000 | $ | 6,511 | ||||
4.50%, 4/15/52 | 21,000 | 18,543 | ||||||
KeyCorp | 10,000 | 7,576 | ||||||
Kilroy Realty LP | 17,000 | 15,935 | ||||||
Kimberly-Clark Corp. | 7,000 | 5,057 | ||||||
Kimco Realty OP LLC | 22,000 | 20,128 | ||||||
KLA Corp. | 7,000 | 5,287 | ||||||
Kraft Heinz Foods Co. | 62,000 | 67,037 | ||||||
4.38%, 6/1/46 | 10,000 | 8,546 | ||||||
Kroger Co. | 2,000 | 1,852 | ||||||
4.45%, 2/1/47 | 8,000 | 6,998 | ||||||
L3Harris Technologies, Inc. | 5,000 | 4,629 | ||||||
Laboratory Corp. of America Holdings | 6,000 | 5,360 | ||||||
Lam Research Corp. | 4,000 | 3,913 | ||||||
Lear Corp. | 10,000 | 8,844 | ||||||
Leidos, Inc. | 10,000 | 9,240 | ||||||
Life Storage LP | 11,000 | 8,727 | ||||||
Lincoln National Corp. | 13,000 | 11,762 | ||||||
Lockheed Martin Corp. | 10,000 | 9,663 | ||||||
Louisville Gas & Electric Co. | 17,000 | 17,356 | ||||||
Lowe’s Cos., Inc. | 28,000 | 22,604 | ||||||
4.45%, 4/1/62 | 20,000 | 16,161 | ||||||
LYB International Finance III LLC | 10,000 | 7,663 | ||||||
Magellan Midstream Partners LP | 48,000 | 41,011 | ||||||
Marathon Petroleum Corp. | 17,000 | 17,529 | ||||||
Markel Group, Inc. | 10,000 | 9,034 | ||||||
Marriott International, Inc. | 152,000 | 152,543 | ||||||
Marsh & McLennan Cos., Inc. | 6,000 | 4,039 | ||||||
Martin Marietta Materials, Inc. | 73,000 | 59,727 | ||||||
McDonald’s Corp. | 8,000 | 8,844 | ||||||
4.60%, 5/26/45 | 5,000 | 4,570 | ||||||
Merck & Co., Inc. | 6,000 | 5,316 | ||||||
MetLife, Inc. | 16,000 | 14,398 | ||||||
Microchip Technology, Inc. | 10,000 | 9,445 | ||||||
Micron Technology, Inc. | 12,000 | 11,837 | ||||||
5.88%, 2/9/33 | 18,000 | 17,953 | ||||||
Microsoft Corp. | 12,000 | 8,945 | ||||||
MidAmerican Energy Co. | 5,000 | 3,866 | ||||||
Mondelez International, Inc. | 9,000 | 7,897 | ||||||
Moody’s Corp. | 10,000 | 9,847 | ||||||
Morgan Stanley | 24,000 | 23,622 | ||||||
3.95%, 4/23/27 | 156,000 | 147,932 | ||||||
4.43%, 1/23/30, (4.431% fixed rate until 1/23/29; 3-month Secured Overnight Financing Rate + 1.90% thereafter)(b) | 21,000 | 20,008 | ||||||
2.24%, 7/21/32, (2.239% fixed rate until 7/21/31; Secured Overnight Financing Rate + 1.178% thereafter)(b) | 23,000 | 18,306 | ||||||
2.94%, 1/21/33, (2.943% fixed rate until 1/21/32; Secured Overnight Financing Rate + 1.29% thereafter)(b) | 27,000 | 22,488 | ||||||
6.34%, 10/18/33, (6.342% fixed rate until 10/18/32; Secured Overnight Financing Rate + 2.56% thereafter)(b) | 54,000 | 57,562 | ||||||
5.30%, 4/20/37, (5.297% fixed rate until 4/20/32; Secured Overnight Financing Rate + 2.62% thereafter)(b) | 19,000 | 17,977 | ||||||
Mosaic Co. | 10,000 | 9,762 | ||||||
Motorola Solutions, Inc. | 11,000 | 10,670 | ||||||
Newmont Corp. | 126,000 | 103,621 | ||||||
NextEra Energy Capital Holdings, Inc. | 21,000 | 21,128 | ||||||
3.55%, 5/1/27 | 17,000 | 16,053 | ||||||
2.25%, 6/1/30 | 7,000 | 5,825 | ||||||
5.05%, 2/28/33 | 17,000 | 16,803 | ||||||
3.00%, 1/15/52 | 13,000 | 8,587 | ||||||
4.80%, 12/1/77, (4.80% fixed rate until 12/1/27; 3-month Secured Overnight Financing Rate + 2.409% thereafter)(b) | 6,000 | 5,297 | ||||||
NIKE, Inc. | 23,000 | 18,550 | ||||||
Norfolk Southern Corp. | 28,000 | 21,710 | ||||||
Northrop Grumman Corp. | 5,000 | 4,305 | ||||||
5.25%, 5/1/50 | 8,000 | 8,175 | ||||||
See Notes to Financial Statements.
| 76 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree U.S. Corporate Bond Fund (WFIG)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
Nucor Corp. | $ | 15,000 | $ | 13,045 | ||||
O’Reilly Automotive, Inc. | 6,000 | 5,683 | ||||||
Old Republic International Corp. | 23,000 | 21,726 | ||||||
Omnicom Group, Inc. | 135,000 | 126,688 | ||||||
Oracle Corp. | 25,000 | 23,163 | ||||||
3.25%, 11/15/27 | 28,000 | 25,998 | ||||||
2.88%, 3/25/31 | 41,000 | 34,986 | ||||||
6.25%, 11/9/32 | 25,000 | 26,569 | ||||||
4.30%, 7/8/34 | 3,000 | 2,728 | ||||||
3.85%, 7/15/36 | 10,000 | 8,372 | ||||||
5.38%, 7/15/40 | 22,000 | 21,027 | ||||||
6.90%, 11/9/52 | 32,000 | 35,975 | ||||||
4.38%, 5/15/55 | 14,000 | 11,287 | ||||||
3.85%, 4/1/60 | 51,000 | 35,886 | ||||||
4.10%, 3/25/61 | 13,000 | 9,620 | ||||||
Otis Worldwide Corp. | 31,000 | 23,996 | ||||||
Owens Corning | 7,000 | 5,756 | ||||||
PacifiCorp | 36,000 | 35,735 | ||||||
Paramount Global | 29,000 | 30,659 | ||||||
Parker-Hannifin Corp. | 6,000 | 5,370 | ||||||
PepsiCo, Inc. | 6,000 | 4,968 | ||||||
2.75%, 10/21/51 | 6,000 | 4,329 | ||||||
Pfizer, Inc. | 11,000 | 10,026 | ||||||
Philip Morris International, Inc. | 15,000 | 14,113 | ||||||
3.13%, 8/17/27 | 10,000 | 9,363 | ||||||
3.13%, 3/2/28 | 8,000 | 7,376 | ||||||
3.88%, 8/21/42 | 54,000 | 42,942 | ||||||
Phillips | 14,000 | 13,155 | ||||||
5.88%, 5/1/42 | 9,000 | 9,362 | ||||||
Pinnacle West Capital Corp. | 5,000 | 4,555 | ||||||
PNC Financial Services Group, Inc. | 64,000 | 54,122 | ||||||
PPL Capital Funding, Inc. | 10,000 | 9,310 | ||||||
Progress Energy, Inc. | 8,000 | 9,095 | ||||||
Prologis LP | 22,000 | 17,791 | ||||||
Prudential Financial, Inc. | ||||||||
5.38%, 5/15/45, (5.375% fixed rate until 5/15/25; 3- month Secured Overnight Financing Rate + 3.031% thereafter)(b) | 103,000 | 100,647 | ||||||
3.70%, 3/13/51 | 11,000 | 8,494 | ||||||
Public Service Co. of Colorado | 9,000 | 7,875 | ||||||
Public Service Enterprise Group, Inc. | 15,000 | 13,579 | ||||||
5.85%, 11/15/27 | 17,000 | 17,383 | ||||||
QUALCOMM, Inc. | 9,000 | 8,721 | ||||||
Quanta Services, Inc. | 6,000 | 4,732 | ||||||
Quest Diagnostics, Inc. | 6,000 | 5,282 | ||||||
Raytheon Technologies Corp. | 8,000 | 6,396 | ||||||
4.15%, 5/15/45 | 56,000 | 47,876 | ||||||
4.63%, 11/16/48 | 12,000 | 11,212 | ||||||
Republic Services, Inc. | 21,000 | 19,818 | ||||||
Revvity, Inc. | 18,000 | 16,969 | ||||||
Roper Technologies, Inc. | 12,000 | 11,555 | ||||||
Royalty Pharma PLC | 10,000 | 6,772 | ||||||
S&P Global, Inc. | 7,000 | 4,064 | ||||||
Salesforce, Inc. | 25,000 | 17,628 | ||||||
San Diego Gas & Electric Co. | 16,000 | 12,850 | ||||||
Sempra Energy | 46,000 | 47,063 | ||||||
Sherwin-Williams Co. | 7,000 | 5,422 | ||||||
Southern Co. | 36,000 | 32,156 | ||||||
4.40%, 7/1/46 | 13,000 | 11,158 | ||||||
Southern Co. Gas Capital Corp. | 7,000 | 6,967 | ||||||
Southwestern Electric Power Co. | 13,000 | 8,763 | ||||||
Stanley Black & Decker, Inc. | 14,000 | 13,344 | ||||||
Starbucks Corp. | 9,000 | 8,642 | ||||||
State Street Corp. | ||||||||
3.03%, 11/1/34, (3.031% fixed rate until 11/1/29; Secured Overnight Financing Rate + 1.49% thereafter)(b) | 10,000 | 8,524 | ||||||
Steel Dynamics, Inc. | 132,000 | 129,962 | ||||||
Synchrony Financial | 15,000 | 13,113 | ||||||
Target Corp. | 6,000 | 5,683 | ||||||
TD SYNNEX Corp. | 35,000 | 28,866 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 77 |
Schedule of Investments (continued)
WisdomTree U.S. Corporate Bond Fund (WFIG)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
Teledyne Technologies, Inc. | $ | 9,000 | $ | 8,147 | ||||
Toyota Motor Credit Corp. | 32,000 | 25,844 | ||||||
Travelers Cos., Inc. | 6,000 | 6,825 | ||||||
Truist Financial Corp. | ||||||||
1.89%, 6/7/29, (1.887% fixed rate until 6/7/28; Secured Overnight Financing Rate + 0.862% thereafter)(b) | 13,000 | 10,823 | ||||||
Tyson Foods, Inc. | 13,000 | 12,574 | ||||||
U.S. Bancorp | 13,000 | 11,039 | ||||||
Union Pacific Corp. | 7,000 | 5,582 | ||||||
2.97%, 9/16/62 | 6,000 | 3,927 | ||||||
3.80%, 4/6/71 | 21,000 | 16,162 | ||||||
United Parcel Service, Inc. | 30,000 | 33,626 | ||||||
UnitedHealth Group, Inc. | 12,000 | 11,683 | ||||||
3.38%, 4/15/27 | 134,000 | 127,521 | ||||||
4.63%, 7/15/35 | 26,000 | 25,479 | ||||||
3.50%, 8/15/39 | 8,000 | 6,723 | ||||||
Valero Energy Corp. | 12,000 | 12,929 | ||||||
Valero Energy Partners LP | 23,000 | 22,185 | ||||||
Verizon Communications, Inc. | 8,000 | 7,714 | ||||||
4.02%, 12/3/29 | 8,000 | 7,475 | ||||||
4.50%, 8/10/33 | 11,000 | 10,394 | ||||||
4.40%, 11/1/34 | 25,000 | 23,095 | ||||||
4.81%, 3/15/39 | 12,000 | 11,241 | ||||||
3.85%, 11/1/42 | 9,000 | 7,285 | ||||||
4.00%, 3/22/50 | 8,000 | 6,505 | ||||||
2.99%, 10/30/56 | 62,000 | 39,452 | ||||||
3.00%, 11/20/60 | 44,000 | 27,592 | ||||||
3.70%, 3/22/61 | 10,000 | 7,291 | ||||||
VMware, Inc. | 25,000 | 22,091 | ||||||
Walmart, Inc. | 15,000 | 13,475 | ||||||
WEC Energy Group, Inc. | 12,000 | 9,579 | ||||||
Wells Fargo & Co. | 20,000 | 19,218 | ||||||
3.55%, 9/29/25 | 19,000 | 18,238 | ||||||
4.30%, 7/22/27 | 23,000 | 22,087 | ||||||
3.35%, 3/2/33, (3.35% fixed rate until 3/2/32; Secured Overnight Financing Rate + 1.50% thereafter)(b) | 31,000 | 26,581 | ||||||
4.90%, 7/25/33, (4.897% fixed rate until 7/25/32; Secured Overnight Financing Rate + 2.10% thereafter)(b) | 14,000 | 13,434 | ||||||
4.90%, 11/17/45 | 19,000 | 16,726 | ||||||
Westlake Corp. | 7,000 | 4,293 | ||||||
Weyerhaeuser Co. | 9,000 | 10,056 | ||||||
Willis North America, Inc. | 6,000 | 4,390 | ||||||
WRKCo, Inc. | 10,000 | 9,118 | ||||||
Wyeth LLC | 5,000 | 5,631 | ||||||
Xcel Energy, Inc. | 20,000 | 19,179 | ||||||
Xylem, Inc. | 5,000 | 4,243 | ||||||
Zoetis, Inc. | 8,000 | 7,460 | ||||||
|
| |||||||
| Total United States |
| 8,360,401 | ||||||
TOTAL CORPORATE BONDS (Cost: $9,282,081) |
| 8,602,998 | ||||||
| U.S. GOVERNMENT OBLIGATIONS – 0.6% |
| |||||||
| U.S. Treasury Bonds – 0.4% |
| |||||||
3.38%, 8/15/42 | 34,000 | 30,879 | ||||||
3.00%, 8/15/52 | 7,000 | 5,956 | ||||||
4.00%, 11/15/52 | 2,200 | 2,262 | ||||||
|
| |||||||
| Total U.S. Treasury Bonds |
| 39,097 | ||||||
| U.S. Treasury Notes – 0.2% |
| |||||||
3.13%, 8/31/29 | 7,000 | 6,651 | ||||||
3.88%, 9/30/29 | 8,000 | 7,924 | ||||||
2.75%, 8/15/32 | 2,000 | 1,834 | ||||||
4.13%, 11/15/32 | 600 | 613 | ||||||
3.50%, 2/15/33 | 200 | 195 | ||||||
|
| |||||||
| Total U.S. Treasury Notes |
| 17,217 | ||||||
TOTAL U.S. GOVERNMENT OBLIGATIONS (Cost: $55,712) |
| 56,314 | ||||||
| Shares | ||||||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 1.2% |
| |||||||
| United States – 1.2% |
| |||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 5.11%(d) | ||||||||
| (Cost: $104,828) | 104,828 | 104,828 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 100.1% (Cost: $9,442,621) | 8,764,140 | |||||||
Other Assets less Liabilities – (0.1)% | (9,604 | ) | ||||||
|
| |||||||
| NET ASSETS – 100.0% | $ | 8,754,536 | ||||||
| (a) | Security, or portion thereof, was on loan at June 30, 2023 (See Note 2). At June 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $133,964 and the total market value of the collateral held by the Fund was $137,976. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $33,148. |
| (b) | Rate shown reflects the accrual rate as of June 30, 2023 on securities with variable or step rates. |
| (c) | This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers. |
| (d) | Rate shown represents annualized 7-day yield as of June 30, 2023. |
See Notes to Financial Statements.
| 78 | WisdomTree Trust |
Schedule of Investments (concluded)
WisdomTree U.S. Corporate Bond Fund (WFIG)
June 30, 2023
| FAIR VALUATION SUMMARY | ||||||||
The following is a summary of the fair valuations according to the inputs used as of June 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
| Quoted Prices in Active Markets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||||||||||
Assets: | ||||||||||||||||
Investments in Securities | ||||||||||||||||
Corporate Bonds | $ | — | $ | 8,602,998 | $ | — | $ | 8,602,998 | ||||||||
U.S. Government Obligations | — | 56,314 | — | 56,314 | ||||||||||||
Investment of Cash Collateral for Securities Loaned | — | 104,828 | — | 104,828 | ||||||||||||
Total Investments in Securities | $ | – | $ | 8,764,140 | $ | — | $ | 8,764,140 | ||||||||
See Notes to Financial Statements.
| WisdomTree Trust | 79 |
Schedule of Investments
WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
| CORPORATE BONDS – 97.2% |
| |||||||
| Canada – 0.8% |
| |||||||
1375209 BC Ltd. | $ | 151,999 | $ | 152,549 | ||||
Open Text Holdings, Inc. | 804,000 | 685,780 | ||||||
4.13%, 12/1/31(a) | 413,000 | 340,882 | ||||||
Primo Water Holdings, Inc. | 467,000 | 400,359 | ||||||
|
| |||||||
| Total Canada |
| 1,579,570 | ||||||
| Germany – 0.9% |
| |||||||
Deutsche Bank AG | ||||||||
5.88%, 7/8/31, (5.882% fixed rate until 4/8/30; Secured Overnight Financing Rate + 5.438% thereafter)(b) | 695,000 | 611,968 | ||||||
3.73%, 1/14/32, (3.729% fixed rate until 10/14/30; Secured Overnight Financing Rate + 2.757% thereafter)(b) | 210,000 | 158,636 | ||||||
3.74%, 1/7/33, (3.742% fixed rate until 10/7/31; Secured Overnight Financing Rate + 2.257% thereafter)(b) | 1,577,000 | 1,156,462 | ||||||
|
| |||||||
| Total Germany |
| 1,927,066 | ||||||
| United States – 95.5% |
| |||||||
ACCO Brands Corp. | 449,000 | 379,643 | ||||||
AdaptHealth LLC | 822,000 | 657,699 | ||||||
ADT Security Corp. | 110,000 | 95,539 | ||||||
4.88%, 7/15/32(a) | 953,000 | 821,419 | ||||||
AECOM | 269,000 | 260,486 | ||||||
Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC | 351,000 | 305,475 | ||||||
4.88%, 2/15/30(a) | 1,064,000 | 983,668 | ||||||
Allison Transmission, Inc. | 746,000 | 728,566 | ||||||
Ally Financial, Inc. | 330,000 | 317,853 | ||||||
6.70%, 2/14/33 | 315,000 | 278,980 | ||||||
AMC Networks, Inc. | 377,000 | 330,350 | ||||||
4.25%, 2/15/29 | 1,324,000 | 713,636 | ||||||
American Axle & Manufacturing, Inc. | 280,000 | 233,817 | ||||||
AmeriGas Partners LP / AmeriGas Finance Corp. | 200,000 | 193,694 | ||||||
5.88%, 8/20/26 | 300,000 | 283,647 | ||||||
5.75%, 5/20/27 | 1,048,000 | 965,784 | ||||||
Amkor Technology, Inc. | 191,000 | 191,392 | ||||||
Antero Midstream Partners LP / Antero Midstream Finance Corp. | 992,000 | 953,610 | ||||||
Antero Resources Corp. | 546,000 | 558,225 | ||||||
Apache Corp. | 404,000 | 329,551 | ||||||
Apollo Commercial Real Estate Finance, Inc. | 370,000 | 289,011 | ||||||
APX Group, Inc. | 571,000 | 496,941 | ||||||
Aramark Services, Inc. | 275,000 | 275,580 | ||||||
5.00%, 2/1/28(a) | 256,000 | 241,789 | ||||||
Archrock Partners LP / Archrock Partners Finance Corp. | 500,000 | 483,290 | ||||||
6.25%, 4/1/28(a) | 547,000 | 514,393 | ||||||
Asbury Automotive Group, Inc. | 250,000 | 222,798 | ||||||
5.00%, 2/15/32(a) | 523,000 | 457,860 | ||||||
ASGN, Inc. | 382,000 | 350,053 | ||||||
Audacy Capital Corp. | 546,000 | 19,956 | ||||||
Avantor Funding, Inc. | 648,000 | 601,804 | ||||||
3.88%, 11/1/29(a) | 110,000 | 96,527 | ||||||
Avient Corp. | 150,000 | 148,643 | ||||||
Axalta Coating Systems LLC | 409,000 | 348,828 | ||||||
Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding B BV | 200,000 | 189,502 | ||||||
B&G Foods, Inc. | 448,000 | 428,140 | ||||||
5.25%, 9/15/27(c) | 426,000 | 370,709 | ||||||
Ball Corp. | 124,000 | 123,074 | ||||||
5.25%, 7/1/25 | 347,000 | 344,640 | ||||||
2.88%, 8/15/30 | 330,000 | 274,313 | ||||||
Bath & Body Works, Inc. | 81,000 | 77,323 | ||||||
6.63%, 10/1/30(a) | 226,000 | 218,599 | ||||||
6.75%, 7/1/36 | 392,000 | 353,733 | ||||||
Berry Global, Inc. | 232,000 | 222,205 | ||||||
5.63%, 7/15/27(a) | 9,000 | 8,837 | ||||||
Big River Steel LLC / BRS Finance Corp. | 410,000 | 407,519 | ||||||
Black Knight InfoServ LLC | 285,000 | 256,178 | ||||||
Block, Inc. | 25,000 | 20,771 | ||||||
See Notes to Financial Statements.
| 80 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
Booz Allen Hamilton, Inc. | $ | 295,000 | $ | 269,190 | ||||
Boyd Gaming Corp. | 400,000 | 379,720 | ||||||
4.75%, 6/15/31(a) | 331,000 | 296,996 | ||||||
Brink’s Co. | 50,000 | 46,624 | ||||||
Brookfield Property REIT, Inc. / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LLC | 678,000 | 622,431 | ||||||
Builders FirstSource, Inc. | 243,000 | 227,317 | ||||||
4.25%, 2/1/32(a) | 412,000 | 359,087 | ||||||
6.38%, 6/15/32(a) | 600,000 | 596,694 | ||||||
Cable One, Inc. | 491,000 | 385,592 | ||||||
Caesars Entertainment, Inc. | 665,000 | 581,190 | ||||||
7.00%, 2/15/30(a) | 505,000 | 507,939 | ||||||
Callon Petroleum Co. | 845,000 | 838,392 | ||||||
Catalent Pharma Solutions, Inc. | 1,000 | 814 | ||||||
CCO Holdings LLC / CCO Holdings Capital Corp. | 149,000 | 138,740 | ||||||
5.00%, 2/1/28(a) | 709,000 | 646,913 | ||||||
5.38%, 6/1/29(a) | 192,000 | 173,892 | ||||||
4.75%, 3/1/30(a) | 950,000 | 813,874 | ||||||
4.50%, 8/15/30(a) | 1,020,000 | 850,578 | ||||||
4.25%, 2/1/31(a) | 10,000 | 8,091 | ||||||
4.75%, 2/1/32(a) | 495,000 | 403,870 | ||||||
4.50%, 5/1/32 | 213,000 | 170,123 | ||||||
CDI Escrow Issuer, Inc. | 521,000 | 486,708 | ||||||
CDW LLC / CDW Finance Corp. | 485,000 | 446,593 | ||||||
3.25%, 2/15/29 | 265,000 | 229,856 | ||||||
Centene Corp. | 932,000 | 860,758 | ||||||
3.00%, 10/15/30 | 1,477,000 | 1,234,107 | ||||||
2.50%, 3/1/31 | 1,303,000 | 1,039,937 | ||||||
Central Garden & Pet Co. | 430,000 | 361,269 | ||||||
CF Industries, Inc. | 1,000 | 961 | ||||||
Charles River Laboratories International, Inc. | 335,000 | 308,294 | ||||||
Chart Industries, Inc. | 380,000 | 388,805 | ||||||
9.50%, 1/1/31(a) | 230,000 | 245,787 | ||||||
Charter Communications Operating LLC / Charter Communications Operating Capital | 1,823,000 | 1,161,907 | ||||||
Chemours Co. | 388,000 | 367,335 | ||||||
4.63%, 11/15/29(a) | 747,000 | 631,790 | ||||||
Cheniere Energy Partners LP | 300,000 | 275,811 | ||||||
4.00%, 3/1/31 | 500,000 | 441,220 | ||||||
Cheniere Energy, Inc. | 352,000 | 329,979 | ||||||
Chesapeake Energy Corp. | 410,000 | 407,376 | ||||||
CHS / Community Health Systems, Inc. | 458,000 | 446,619 | ||||||
5.63%, 3/15/27(a) | 500,000 | 442,455 | ||||||
8.00%, 12/15/27(a) | 476,000 | 461,201 | ||||||
6.00%, 1/15/29(a) | 471,000 | 400,962 | ||||||
6.88%, 4/15/29(a) | 898,000 | 561,807 | ||||||
6.13%, 4/1/30(a) | 250,000 | 151,823 | ||||||
5.25%, 5/15/30(a) | 950,000 | 753,378 | ||||||
4.75%, 2/15/31(a) | 1,891,000 | 1,431,657 | ||||||
Churchill Downs, Inc. | 430,000 | 416,769 | ||||||
Cinemark USA, Inc. | 633,000 | 562,971 | ||||||
Clarivate Science Holdings Corp. | 753,000 | 668,943 | ||||||
Clean Harbors, Inc. | 167,000 | 160,223 | ||||||
Clear Channel Outdoor Holdings, Inc. | 798,000 | 629,271 | ||||||
Clearway Energy Operating LLC | 379,000 | 349,995 | ||||||
3.75%, 2/15/31(a) | 201,000 | 167,069 | ||||||
Cleveland-Cliffs, Inc. | 176,000 | 178,033 | ||||||
4.63%, 3/1/29(a) | 398,000 | 360,461 | ||||||
4.88%, 3/1/31(a) | 31,000 | 27,339 | ||||||
CNX Resources Corp. | 420,000 | 417,199 | ||||||
7.38%, 1/15/31(a) | 291,000 | 284,677 | ||||||
Coherent Corp. | 688,000 | 622,069 | ||||||
Coinbase Global, Inc. | 1,088,000 | 644,270 | ||||||
CommScope Technologies LLC | 680,000 | 635,229 | ||||||
5.00%, 3/15/27(a) | 877,000 | 613,540 | ||||||
CommScope, Inc. | ||||||||
6.00%, 3/1/26(a) | 1,224,000 | 1,146,802 | ||||||
8.25%, 3/1/27(a)(c) | 591,000 | 473,190 | ||||||
7.13%, 7/1/28(a)(c) | 696,000 | 495,288 | ||||||
Compass Minerals International, Inc. | 353,000 | 340,945 | ||||||
Comstock Resources, Inc. | 1,260,000 | 1,096,150 | ||||||
Conduent Business Services LLC / Conduent State & Local Solutions, Inc. | 545,000 | 449,145 | ||||||
CoreCivic, Inc. | 422,000 | 427,300 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 81 |
Schedule of Investments (continued)
WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
Coty, Inc. | $ | 300,000 | $ | 289,491 | ||||
CQP Holdco LP / BIP-V Chinook Holdco LLC | 440,000 | 396,418 | ||||||
Crescent Energy Finance LLC | 580,000 | 545,020 | ||||||
Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp. | 596,000 | 589,051 | ||||||
6.00%, 2/1/29(a) | 170,000 | 158,836 | ||||||
Crown Americas LLC / Crown Americas Capital Corp. VI | 50,000 | 48,500 | ||||||
CSC Holdings LLC | 653,000 | 544,465 | ||||||
5.38%, 2/1/28(a) | 1,394,000 | 1,126,519 | ||||||
7.50%, 4/1/28(a) | 850,000 | 485,341 | ||||||
6.50%, 2/1/29(a) | 500,000 | 406,680 | ||||||
5.75%, 1/15/30(a) | 786,000 | 372,289 | ||||||
4.13%, 12/1/30(a) | 818,000 | 577,246 | ||||||
Curo Group Holdings Corp. | 625,000 | 140,094 | ||||||
Cushman & Wakefield U.S. Borrower LLC | 390,000 | 353,215 | ||||||
CVR Partners LP / CVR Nitrogen Finance Corp. | 492,000 | 429,555 | ||||||
DaVita, Inc. | 1,286,000 | 1,105,587 | ||||||
3.75%, 2/15/31(a) | 1,003,000 | 805,058 | ||||||
Delta Air Lines, Inc. | 248,000 | 223,237 | ||||||
DISH DBS Corp. | 824,000 | 726,776 | ||||||
7.75%, 7/1/26 | 2,237,000 | 1,375,196 | ||||||
5.13%, 6/1/29 | 2,322,000 | 1,086,650 | ||||||
DISH Network Corp. | 315,000 | 308,530 | ||||||
DT Midstream, Inc. | 955,000 | 824,079 | ||||||
Dycom Industries, Inc. | 318,000 | 289,062 | ||||||
Earthstone Energy Holdings LLC | 420,000 | 405,388 | ||||||
Edgewell Personal Care Co. | 680,000 | 594,075 | ||||||
Elanco Animal Health, Inc. | 700,000 | 680,603 | ||||||
Element Solutions, Inc. | 391,000 | 341,550 | ||||||
Enact Holdings, Inc. | 365,000 | 358,824 | ||||||
Encompass Health Corp. | 907,000 | 847,873 | ||||||
Energizer Holdings, Inc. | 297,000 | 265,313 | ||||||
4.38%, 3/31/29(a)(c) | 615,000 | 530,929 | ||||||
EnLink Midstream LLC | 234,000 | 227,055 | ||||||
6.50%, 9/1/30(a) | 180,000 | 180,023 | ||||||
EQM Midstream Partners LP | 338,000 | 335,441 | ||||||
6.50%, 7/1/27(a) | 498,000 | 491,471 | ||||||
5.50%, 7/15/28 | 1,188,000 | 1,124,478 | ||||||
4.75%, 1/15/31(a)(c) | 812,000 | 712,571 | ||||||
6.50%, 7/15/48 | 182,000 | 164,967 | ||||||
EQT Corp. | 290,000 | 304,106 | ||||||
Ferrellgas LP / Ferrellgas Finance Corp. | 547,000 | 458,824 | ||||||
Fluor Corp. | 1,000 | 934 | ||||||
Ford Motor Co. | 478,000 | 463,388 | ||||||
9.63%, 4/22/30 | 223,000 | 259,556 | ||||||
3.25%, 2/12/32 | 494,000 | 389,079 | ||||||
4.75%, 1/15/43 | 1,566,000 | 1,206,666 | ||||||
5.29%, 12/8/46 | 1,185,000 | 976,049 | ||||||
Ford Motor Credit Co. LLC | 150,000 | 141,329 | ||||||
4.95%, 5/28/27 | 300,000 | 283,497 | ||||||
7.35%, 11/4/27 | 180,000 | 184,545 | ||||||
4.00%, 11/13/30 | 350,000 | 300,059 | ||||||
Freeport-McMoRan, Inc. | 490,000 | 482,792 | ||||||
5.40%, 11/14/34 | 134,000 | 129,684 | ||||||
5.45%, 3/15/43 | 279,000 | 260,502 | ||||||
Gap, Inc. | 1,343,000 | 921,889 | ||||||
Gartner, Inc. | 451,000 | 394,102 | ||||||
Gates Global LLC / Gates Corp. | 306,000 | 302,463 | ||||||
Gen Digital, Inc. | 539,000 | 538,526 | ||||||
Genesis Energy LP / Genesis Energy Finance Corp. | 1,464,000 | 1,395,763 | ||||||
GLP Capital LP / GLP Financing II, Inc. | 280,000 | 274,274 | ||||||
4.00%, 1/15/31 | 502,000 | 434,682 | ||||||
Go Daddy Operating Co. LLC / GD Finance Co., Inc. | 198,000 | 170,246 | ||||||
Goodyear Tire & Rubber Co. | 400,000 | 391,432 | ||||||
4.88%, 3/15/27 | 180,000 | 172,026 | ||||||
5.00%, 7/15/29(c) | 507,000 | 457,958 | ||||||
5.25%, 7/15/31 | 1,038,000 | 903,517 | ||||||
GrafTech Finance, Inc. | 347,000 | 283,246 | ||||||
Graham Packaging Co., Inc. | 446,000 | 381,397 | ||||||
See Notes to Financial Statements.
| 82 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
Gray Escrow II, Inc. | $ | 1,354,000 | $ | 904,039 | ||||
Gray Television, Inc. | 758,000 | 680,540 | ||||||
7.00%, 5/15/27(a) | 684,000 | 584,027 | ||||||
Griffon Corp. | 676,000 | 633,101 | ||||||
Group 1 Automotive, Inc. | 303,000 | 267,646 | ||||||
Hanesbrands, Inc. | 661,000 | 618,068 | ||||||
Herbalife Nutrition Ltd. / HLF Financing, Inc. | 205,000 | 188,268 | ||||||
Hilton Domestic Operating Co., Inc. | 371,000 | 368,551 | ||||||
5.75%, 5/1/28(a) | 608,000 | 600,576 | ||||||
Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Escrow, Inc. | 859,000 | 721,199 | ||||||
Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp. | 535,000 | 519,720 | ||||||
HLF Financing Sarl LLC / Herbalife International, Inc. | 604,000 | 430,809 | ||||||
Holly Energy Partners LP / Holly Energy Finance Corp. | 297,000 | 278,141 | ||||||
Hologic, Inc. | 359,000 | 314,254 | ||||||
Horizon Therapeutics USA, Inc. | 250,000 | 251,615 | ||||||
Hughes Satellite Systems Corp. | 200,000 | 187,994 | ||||||
6.63%, 8/1/26 | 701,000 | 659,606 | ||||||
Huntsman International LLC | 2,000 | 1,836 | ||||||
iHeartCommunications, Inc. | 1,122,050 | 749,069 | ||||||
4.75%, 1/15/28(a)(c) | 1,000,000 | 757,420 | ||||||
Ingevity Corp. | 375,000 | 320,625 | ||||||
IQVIA, Inc. | 200,000 | 193,004 | ||||||
Iron Mountain, Inc. | 389,000 | 367,726 | ||||||
5.25%, 3/15/28(a) | 361,000 | 339,203 | ||||||
4.88%, 9/15/29(a) | 425,000 | 381,055 | ||||||
5.25%, 7/15/30(a) | 133,000 | 120,001 | ||||||
5.63%, 7/15/32(a) | 514,000 | 461,798 | ||||||
Kaiser Aluminum Corp. | 658,000 | 526,479 | ||||||
Kennedy-Wilson, Inc. | 1,446,000 | 1,083,300 | ||||||
Kinetik Holdings LP | 200,000 | 190,392 | ||||||
Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp. | 570,000 | 495,900 | ||||||
Lamar Media Corp. | 298,000 | 263,629 | ||||||
3.63%, 1/15/31 | 34,000 | 28,718 | ||||||
Lamb Weston Holdings, Inc. | 387,000 | 371,234 | ||||||
4.13%, 1/31/30(a) | 130,000 | 116,288 | ||||||
4.38%, 1/31/32(a) | 355,000 | 316,869 | ||||||
Level 3 Financing, Inc. | 510,000 | 355,353 | ||||||
4.25%, 7/1/28(a) | 1,051,000 | 679,545 | ||||||
3.63%, 1/15/29(a) | 1,034,000 | 621,692 | ||||||
3.75%, 7/15/29(a) | 837,000 | 505,523 | ||||||
10.50%, 5/15/30(a) | 1,376,000 | 1,398,277 | ||||||
Lithia Motors, Inc. | 400,000 | 349,084 | ||||||
4.38%, 1/15/31(a) | 489,000 | 422,961 | ||||||
Live Nation Entertainment, Inc. | 836,000 | 780,632 | ||||||
3.75%, 1/15/28(a) | 121,000 | 108,212 | ||||||
LPL Holdings, Inc. | 276,000 | 243,106 | ||||||
LSB Industries, Inc. | 568,000 | 510,729 | ||||||
Macy’s Retail Holdings LLC | 220,000 | 201,168 | ||||||
Marriott Ownership Resorts, Inc. | 592,000 | 511,233 | ||||||
Masonite International Corp. | 254,000 | 242,402 | ||||||
Match Group Holdings II LLC | 70,000 | 57,610 | ||||||
Mattel, Inc. | 370,000 | 363,410 | ||||||
MGM Resorts International | 453,000 | 454,703 | ||||||
4.63%, 9/1/26 | 146,000 | 138,220 | ||||||
5.50%, 4/15/27 | 449,000 | 432,212 | ||||||
4.75%, 10/15/28 | 77,000 | 70,179 | ||||||
Michaels Cos., Inc. | 600,000 | 485,250 | ||||||
7.88%, 5/1/29(a) | 1,075,000 | 727,463 | ||||||
MicroStrategy, Inc. | 547,000 | 490,900 | ||||||
Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp. | 566,000 | 502,659 | ||||||
ModivCare Escrow Issuer, Inc. | 642,000 | 475,927 | ||||||
Molina Healthcare, Inc. | 80,000 | 73,842 | ||||||
3.88%, 11/15/30(a) | 870,000 | 748,444 | ||||||
3.88%, 5/15/32(a) | 70,000 | 58,753 | ||||||
Moss Creek Resources Holdings, Inc. | 585,000 | 539,545 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 83 |
Schedule of Investments (continued)
WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
MPH Acquisition Holdings LLC | $ | 1,491,000 | $ | 1,124,110 | ||||
MPT Operating Partnership LP / MPT Finance Corp. | 212,000 | 188,794 | ||||||
5.00%, 10/15/27 | 901,000 | 759,696 | ||||||
4.63%, 8/1/29 | 1,236,000 | 938,334 | ||||||
MSCI, Inc. | 348,000 | 314,439 | ||||||
Murphy Oil USA, Inc. | 92,000 | 84,638 | ||||||
3.75%, 2/15/31(a) | 234,000 | 196,836 | ||||||
Nabors Industries, Inc. | 530,000 | 504,793 | ||||||
Nationstar Mortgage Holdings, Inc. | 1,663,000 | 1,548,735 | ||||||
Navient Corp. | 299,000 | 297,170 | ||||||
6.75%, 6/25/25 | 97,000 | 95,726 | ||||||
6.75%, 6/15/26 | 600,000 | 580,794 | ||||||
5.00%, 3/15/27 | 127,000 | 114,248 | ||||||
4.88%, 3/15/28 | 300,000 | 257,223 | ||||||
NCR Corp. | 956,000 | 858,383 | ||||||
5.13%, 4/15/29(a) | 553,000 | 490,655 | ||||||
Necessity Retail REIT, Inc. / American Finance Operating Partner LP | 284,000 | 220,418 | ||||||
Newell Brands, Inc. | 1,003,000 | 943,642 | ||||||
6.63%, 9/15/29(c) | 365,000 | 350,637 | ||||||
6.00%, 4/1/46 | 222,000 | 176,004 | ||||||
News Corp. | 300,000 | 265,419 | ||||||
Nexstar Media, Inc. | 936,000 | 873,101 | ||||||
4.75%, 11/1/28(a) | 784,000 | 680,818 | ||||||
NextEra Energy Operating Partners LP | 7,000 | 6,760 | ||||||
3.88%, 10/15/26(a) | 1,000 | 933 | ||||||
NGL Energy Operating LLC / NGL Energy Finance Corp. | 1,660,000 | 1,636,710 | ||||||
Nordstrom, Inc. | 215,000 | 149,857 | ||||||
NRG Energy, Inc. | 776,000 | 695,374 | ||||||
3.63%, 2/15/31(a) | 580,000 | 454,737 | ||||||
3.88%, 2/15/32(a) | 1,084,000 | 841,151 | ||||||
NuStar Logistics LP | 729,000 | 701,218 | ||||||
6.38%, 10/1/30 | 405,000 | 389,189 | ||||||
Occidental Petroleum Corp. | 550,000 | 533,472 | ||||||
3.40%, 4/15/26 | 165,000 | 153,146 | ||||||
3.50%, 8/15/29 | 700,000 | 603,001 | ||||||
7.50%, 5/1/31 | 301,000 | 328,963 | ||||||
6.45%, 9/15/36 | 760,000 | 784,153 | ||||||
4.40%, 8/15/49 | 621,000 | 457,987 | ||||||
Olin Corp. | 410,000 | 393,912 | ||||||
5.63%, 8/1/29(c) | 120,000 | 115,805 | ||||||
5.00%, 2/1/30 | 70,000 | 64,861 | ||||||
ON Semiconductor Corp. | 216,000 | 196,824 | ||||||
OneMain Finance Corp. | 353,000 | 352,100 | ||||||
6.88%, 3/15/25 | 575,000 | 569,733 | ||||||
7.13%, 3/15/26 | 613,000 | 604,050 | ||||||
6.63%, 1/15/28 | 387,000 | 365,367 | ||||||
3.88%, 9/15/28 | 200,000 | 164,118 | ||||||
5.38%, 11/15/29 | 465,000 | 398,677 | ||||||
4.00%, 9/15/30(c) | 1,373,000 | 1,062,482 | ||||||
Organon & Co. / Organon Foreign Debt Co-Issuer BV | 650,000 | 577,811 | ||||||
5.13%, 4/30/31(a) | 1,350,000 | 1,115,329 | ||||||
Outfront Media Capital LLC / Outfront Media Capital Corp. | 1,086,000 | 911,187 | ||||||
Owens & Minor, Inc. | 541,000 | 453,829 | ||||||
6.63%, 4/1/30(a)(c) | 458,000 | 416,093 | ||||||
Owens-Brockway Glass Container, Inc. | 218,000 | 218,109 | ||||||
Pactiv Evergreen Group Issuer, Inc. / Pactiv Evergreen Group Issuer LLC | 901,000 | 788,483 | ||||||
Paramount Global | ||||||||
6.25%, 2/28/57, (6.25% fixed rate until 2/28/27; 3-month Secured Overnight Financing Rate + 3.899% thereafter)(b) | 615,000 | 470,549 | ||||||
6.38%, 3/30/62, (6.375% fixed rate until 3/30/27; 5-year Constant Maturity Treasury Rate + 3.999% thereafter)(b) | 700,000 | 585,620 | ||||||
Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer, Inc. | 100,000 | 100,332 | ||||||
5.88%, 10/1/28(a)(c) | 414,000 | 382,929 | ||||||
4.88%, 5/15/29(a) | 310,000 | 267,939 | ||||||
Patterson-UTI Energy, Inc. | 322,000 | 289,314 | ||||||
PBF Holding Co. LLC / PBF Finance Corp. | 249,000 | 249,035 | ||||||
6.00%, 2/15/28 | 579,000 | 544,578 | ||||||
PDC Energy, Inc. | 241,000 | 240,858 | ||||||
Performance Food Group, Inc. | 461,000 | 446,829 | ||||||
4.25%, 8/1/29(a) | 187,000 | 166,759 | ||||||
PGT Innovations, Inc. | 625,000 | 586,712 | ||||||
See Notes to Financial Statements.
| 84 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
Pilgrim’s Pride Corp. | $ | 223,000 | $ | 220,369 | ||||
4.25%, 4/15/31 | 505,000 | 433,608 | ||||||
3.50%, 3/1/32 | 255,000 | 203,401 | ||||||
Post Holdings, Inc. | 261,000 | 251,267 | ||||||
5.50%, 12/15/29(a) | 204,000 | 188,890 | ||||||
4.63%, 4/15/30(a) | 1,148,000 | 1,007,370 | ||||||
4.50%, 9/15/31(a) | 1,569,000 | 1,340,397 | ||||||
PRA Health Sciences, Inc. | 200,000 | 182,500 | ||||||
Prestige Brands, Inc. | 356,000 | 295,281 | ||||||
Prime Security Services Borrower LLC / Prime Finance, Inc. | 90,000 | 89,443 | ||||||
5.75%, 4/15/26(a) | 735,000 | 722,696 | ||||||
6.25%, 1/15/28(a) | 623,000 | 584,854 | ||||||
PROG Holdings, Inc. | 444,000 | 390,813 | ||||||
Qorvo, Inc. | 580,000 | 525,811 | ||||||
QVC, Inc. | 179,000 | 158,270 | ||||||
4.75%, 2/15/27 | 632,000 | 407,570 | ||||||
Rackspace Technology Global, Inc. | 607,000 | 275,857 | ||||||
Radian Group, Inc. | 175,000 | 175,049 | ||||||
Range Resources Corp. | 303,000 | 273,494 | ||||||
Realogy Group LLC / Realogy Co-Issuer Corp. | 615,000 | 463,728 | ||||||
5.25%, 4/15/30(a) | 1,213,000 | 868,071 | ||||||
RHP Hotel Properties LP / RHP Finance Corp. | 64,000 | 59,607 | ||||||
4.50%, 2/15/29(a) | 243,000 | 215,388 | ||||||
Rithm Capital Corp. | 485,000 | 455,231 | ||||||
RLJ Lodging Trust LP | 252,000 | 212,333 | ||||||
ROBLOX Corp. | 161,000 | 135,768 | ||||||
Roller Bearing Co. of America, Inc. | 315,000 | 282,344 | ||||||
Sabra Health Care LP | 436,000 | 325,849 | ||||||
Sally Holdings LLC / Sally Capital, Inc. | 1,000 | 992 | ||||||
Scientific Games International, Inc. | 337,000 | 338,803 | ||||||
SeaWorld Parks & Entertainment, Inc. | 375,000 | 338,063 | ||||||
Select Medical Corp. | 602,000 | 591,622 | ||||||
Sensata Technologies BV | 500,000 | 445,620 | ||||||
Sensata Technologies, Inc. | 542,000 | 465,394 | ||||||
Service Corp. International | 355,000 | 336,363 | ||||||
5.13%, 6/1/29 | 363,000 | 342,973 | ||||||
3.38%, 8/15/30 | 391,000 | 327,392 | ||||||
Service Properties Trust | 741,000 | 714,028 | ||||||
Silgan Holdings, Inc. | 102,000 | 93,686 | ||||||
Sinclair Television Group, Inc. | 973,000 | 562,715 | ||||||
4.13%, 12/1/30(a) | 163,000 | 107,896 | ||||||
Sirius XM Radio, Inc. | 138,000 | 127,682 | ||||||
4.00%, 7/15/28(a) | 1,046,000 | 910,637 | ||||||
5.50%, 7/1/29(a) | 874,000 | 797,796 | ||||||
4.13%, 7/1/30(a) | 1,305,000 | 1,067,699 | ||||||
3.88%, 9/1/31(a) | 1,290,000 | 998,447 | ||||||
Six Flags Entertainment Corp. | 38,000 | 35,834 | ||||||
Six Flags Theme Parks, Inc. | 37,000 | 37,339 | ||||||
Skyworks Solutions, Inc. | 585,000 | 475,330 | ||||||
Sonic Automotive, Inc. | 200,000 | 168,714 | ||||||
4.88%, 11/15/31(a)(c) | 558,000 | 458,475 | ||||||
Southwestern Energy Co. | 382,000 | 358,163 | ||||||
4.75%, 2/1/32 | 741,000 | 656,474 | ||||||
Spectrum Brands, Inc. | 403,000 | 330,952 | ||||||
SS&C Technologies, Inc. | 574,000 | 549,972 | ||||||
Stagwell Global LLC | 672,000 | 579,170 | ||||||
Starwood Property Trust, Inc. | 250,000 | 215,670 | ||||||
Station Casinos LLC | 9,000 | 8,111 | ||||||
4.63%, 12/1/31(a) | 470,000 | 396,351 | ||||||
Stericycle, Inc. | 300,000 | 267,231 | ||||||
Summit Materials LLC / Summit Materials Finance Corp. | 330,000 | 312,777 | ||||||
Summit Midstream Holdings LLC / Summit Midstream Finance Corp. | 502,000 | 488,451 | ||||||
SunCoke Energy, Inc. | 395,000 | 334,269 | ||||||
Sunoco LP / Sunoco Finance Corp. | 606,000 | 534,104 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 85 |
Schedule of Investments (continued)
WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
Talos Production, Inc. | $ | 400,000 | $ | 420,636 | ||||
Taylor Morrison Communities, Inc. | 781,000 | 727,751 | ||||||
TEGNA, Inc. | 1,088,000 | 962,586 | ||||||
5.00%, 9/15/29 | 128,000 | 110,915 | ||||||
Teleflex, Inc. | 169,000 | 160,200 | ||||||
Tempur Sealy International, Inc. | 646,000 | 528,111 | ||||||
Tenet Healthcare Corp. | 830,000 | 809,524 | ||||||
6.25%, 2/1/27 | 615,000 | 610,554 | ||||||
6.13%, 10/1/28(c) | 1,094,000 | 1,053,795 | ||||||
6.13%, 6/15/30 | 510,000 | 502,993 | ||||||
Terex Corp. | 364,000 | 341,053 | ||||||
TerraForm Power Operating LLC | 637,000 | 588,238 | ||||||
Thor Industries, Inc. | 400,000 | 339,924 | ||||||
TopBuild Corp. | 306,000 | 262,967 | ||||||
Townsquare Media, Inc. | 430,000 | 413,565 | ||||||
TransDigm, Inc. | 876,000 | 866,741 | ||||||
4.63%, 1/15/29 | 340,000 | 302,824 | ||||||
4.88%, 5/1/29 | 725,000 | 651,057 | ||||||
Transocean, Inc. | 70,000 | 66,683 | ||||||
11.50%, 1/30/27(a) | 1,244,000 | 1,293,349 | ||||||
8.00%, 2/1/27(a) | 217,000 | 197,038 | ||||||
Travel & Leisure Co. | 230,000 | 229,795 | ||||||
TreeHouse Foods, Inc. | 404,000 | 348,406 | ||||||
TriNet Group, Inc. | 451,000 | 394,368 | ||||||
Tronox, Inc. | 495,000 | 411,701 | ||||||
TTM Technologies, Inc. | 353,000 | 302,316 | ||||||
Tutor Perini Corp. | 515,000 | 431,786 | ||||||
U.S. Foods, Inc. | 316,000 | 316,746 | ||||||
4.75%, 2/15/29(a) | 375,000 | 344,550 | ||||||
Under Armour, Inc. | 1,000 | 920 | ||||||
United Airlines, Inc. | 906,000 | 861,842 | ||||||
4.63%, 4/15/29(a) | 990,000 | 902,712 | ||||||
United Natural Foods, Inc. | 479,000 | 397,216 | ||||||
United Rentals North America, Inc. | 389,000 | 383,161 | ||||||
4.88%, 1/15/28 | 373,000 | 355,965 | ||||||
5.25%, 1/15/30 | 400,000 | 382,444 | ||||||
Uniti Group LP / Uniti Group Finance, Inc. / CSL Capital LLC | 600,000 | 499,074 | ||||||
Univar Solutions USA, Inc. | 238,000 | 243,467 | ||||||
Urban One, Inc. | 612,000 | 538,052 | ||||||
USA Compression Partners LP / USA Compression Finance Corp. | 820,000 | 804,059 | ||||||
Vail Resorts, Inc. | 29,000 | 29,094 | ||||||
Valvoline, Inc. | 308,000 | 302,998 | ||||||
3.63%, 6/15/31(a) | 124,000 | 101,035 | ||||||
Vector Group Ltd. | 392,000 | 341,573 | ||||||
Vertiv Group Corp. | 200,000 | 180,546 | ||||||
VICI Properties LP | 600,000 | 562,326 | ||||||
Victoria’s Secret & Co. | 250,000 | 182,945 | ||||||
Vista Outdoor, Inc. | 357,000 | 293,583 | ||||||
Vistra Operations Co. LLC | 1,089,000 | 1,044,667 | ||||||
Vontier Corp. | 684,000 | 547,631 | ||||||
Western Digital Corp. | 1,153,000 | 1,099,685 | ||||||
2.85%, 2/1/29 | 736,000 | 589,021 | ||||||
Westinghouse Air Brake Technologies Corp. | 362,000 | 351,122 | ||||||
Williams Scotsman International, Inc. | 235,000 | 216,075 | ||||||
Wolverine World Wide, Inc. | 430,000 | 342,835 | ||||||
WW International, Inc. | 151,000 | 90,861 | ||||||
Xerox Holdings Corp. | 1,268,000 | 1,080,412 | ||||||
XHR LP | 300,000 | 259,323 | ||||||
Yum! Brands, Inc. | 193,000 | 181,659 | ||||||
3.63%, 3/15/31 | 30,000 | 26,042 | ||||||
Ziff Davis, Inc. | 232,000 | 201,552 | ||||||
ZipRecruiter, Inc. | 350,000 | 299,702 | ||||||
|
| |||||||
| Total United States |
| 197,856,824 | ||||||
| TOTAL CORPORATE BONDS (Cost: $220,076,429) |
| 201,363,460 | ||||||
See Notes to Financial Statements.
| 86 | WisdomTree Trust |
Schedule of Investments (concluded)
WisdomTree U.S. High Yield Corporate Bond Fund (WFHY)
June 30, 2023
| Investments | Shares | Value | ||||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 5.6% |
| |||||||
| United States – 5.6% |
| |||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 5.11%(e) | ||||||||
| (Cost: $11,631,280) | 11,631,280 | $ | 11,631,280 | |||||
| TOTAL INVESTMENTS IN SECURITIES – 102.8% (Cost: $231,707,709) |
| 212,994,740 | ||||||
Other Assets less Liabilities – (2.8)% |
| (5,801,669 | ) | |||||
|
| |||||||
| NET ASSETS – 100.0% |
| $ | 207,193,071 | |||||
| (a) | This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers. |
| (b) | Rate shown reflects the accrual rate as of June 30, 2023 on securities with variable or step rates. |
| (c) | Security, or portion thereof, was on loan at June 30, 2023 (See Note 2). At June 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $12,721,366 and the total market value of the collateral held by the Fund was $13,152,409. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,521,129. |
| (d) | As of June 30, 2023, the issuer has not defaulted on any interest payments, however, it is increasingly likely that the issuer will restructure its debt obligations in the near-term. |
| (e) | Rate shown represents annualized 7-day yield as of June 30, 2023. |
| FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of June 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
| Quoted Prices in Active Markets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||||||||||
Assets: | ||||||||||||||||
Investments in Securities | ||||||||||||||||
Corporate Bonds | $ | — | $ | 201,363,460 | $ | — | $ | 201,363,460 | ||||||||
Investment of Cash Collateral for Securities Loaned | — | 11,631,280 | — | 11,631,280 | ||||||||||||
Total Investments in Securities | $ | — | $ | 212,994,740 | $ | — | $ | 212,994,740 | ||||||||
See Notes to Financial Statements.
| WisdomTree Trust | 87 |
Schedule of Investments
WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
| CORPORATE BONDS – 99.0% |
| |||||||
| Germany – 1.5% |
| |||||||
Deutsche Bank AG | ||||||||
3.96%, 11/26/25, (3.961% fixed rate until 11/26/24; Secured Overnight Financing Rate + 2.581% thereafter)(a) | $ | 150,000 | $ | 143,278 | ||||
4.10%, 1/13/26 | 129,000 | 120,694 | ||||||
1.69%, 3/19/26 | 200,000 | 180,500 | ||||||
2.13%, 11/24/26, (2.129% fixed rate until 11/24/25; Secured Overnight Financing Rate + 1.87% thereafter)(a) | 150,000 | 133,418 | ||||||
|
| |||||||
| Total Germany |
| 577,890 | ||||||
| Switzerland – 0.1% |
| |||||||
Novartis Capital Corp. | 50,000 | 45,858 | ||||||
| United Kingdom – 2.0% |
| |||||||
AstraZeneca Finance LLC | 130,000 | 117,369 | ||||||
BAT Capital Corp. | ||||||||
2.79%, 9/6/24 | 50,000 | 48,153 | ||||||
3.22%, 9/6/26 | 62,000 | 57,755 | ||||||
3.56%, 8/15/27 | 203,000 | 186,937 | ||||||
2.26%, 3/25/28 | 131,000 | 112,347 | ||||||
Reynolds American, Inc. | 137,000 | 133,269 | ||||||
Unilever Capital Corp. | 100,000 | 92,346 | ||||||
|
| |||||||
| Total United Kingdom |
| 748,176 | ||||||
| United States – 95.4% |
| |||||||
3M Co. | 9,000 | 8,569 | ||||||
3.00%, 8/7/25(b) | 13,000 | 12,427 | ||||||
2.88%, 10/15/27(b) | 120,000 | 109,910 | ||||||
Abbott Laboratories | 15,000 | 14,663 | ||||||
AbbVie, Inc. | 78,000 | 74,855 | ||||||
3.60%, 5/14/25 | 174,000 | 168,258 | ||||||
3.20%, 5/14/26 | 78,000 | 73,956 | ||||||
2.95%, 11/21/26 | 179,000 | 167,437 | ||||||
Affiliated Managers Group, Inc. | 39,000 | 37,023 | ||||||
Alexandria Real Estate Equities, Inc. | 9,000 | 8,629 | ||||||
3.80%, 4/15/26 | 49,000 | 46,953 | ||||||
Allegion U.S. Holding Co., Inc. | 50,000 | 48,230 | ||||||
Ally Financial, Inc. | 33,000 | 31,796 | ||||||
5.80%, 5/1/25 | 71,000 | 69,862 | ||||||
Altria Group, Inc. | 80,000 | 74,190 | ||||||
Amazon.com, Inc. | 9,000 | 8,838 | ||||||
3.15%, 8/22/27 | 79,000 | 74,419 | ||||||
Amcor Finance USA, Inc. | $ | 160,000 | $ | 151,413 | ||||
Ameren Corp. | 160,000 | 142,482 | ||||||
American Express Co. | 43,000 | 41,639 | ||||||
3.63%, 12/5/24 | 60,000 | 58,309 | ||||||
1.65%, 11/4/26 | 140,000 | 124,659 | ||||||
American Homes 4 Rent LP | 100,000 | 94,280 | ||||||
American Honda Finance Corp. | 77,000 | 74,017 | ||||||
1.20%, 7/8/25 | 75,000 | 69,092 | ||||||
American International Group, Inc. | 36,000 | 33,963 | ||||||
American Water Capital Corp. | 40,000 | 38,720 | ||||||
Ameriprise Financial, Inc. | 50,000 | 48,795 | ||||||
Amgen, Inc. | 6,000 | 5,562 | ||||||
2.20%, 2/21/27 | 64,000 | 58,194 | ||||||
3.20%, 11/2/27 | 200,000 | 187,022 | ||||||
5.15%, 3/2/28 | 92,000 | 91,960 | ||||||
Analog Devices, Inc. | 78,000 | 74,007 | ||||||
Aon Corp. / Aon Global Holdings PLC | 50,000 | 45,822 | ||||||
Apple, Inc. | 25,000 | 24,088 | ||||||
2.45%, 8/4/26 | 50,000 | 46,877 | ||||||
1.20%, 2/8/28 | 132,000 | 114,393 | ||||||
Archer-Daniels-Midland Co. | 32,000 | 30,036 | ||||||
AutoNation, Inc. | 50,000 | 48,220 | ||||||
AutoZone, Inc. | 76,000 | 71,950 | ||||||
AvalonBay Communities, Inc. | 40,000 | 37,430 | ||||||
Avangrid, Inc. | 66,000 | 62,850 | ||||||
Avnet, Inc. | 49,000 | 47,555 | ||||||
Bank of America Corp. | 15,000 | 14,597 | ||||||
3.46%, 3/15/25, (3.458% fixed rate until 3/15/24; 3-month Secured Overnight Financing Rate + 1.232% thereafter)(a) | 253,000 | 248,049 | ||||||
3.95%, 4/21/25, Series L | 93,000 | 90,113 | ||||||
3.09%, 10/1/25, (3.093% fixed rate until 10/1/24; 3-month Secured Overnight Financing Rate + 1.09% thereafter)(a) | 161,000 | 155,049 | ||||||
3.37%, 1/23/26, (3.366% fixed rate until 1/23/25; 3-month Secured Overnight Financing Rate + 1.072% thereafter)(a) | 283,000 | 271,788 | ||||||
4.45%, 3/3/26 | 94,000 | 91,553 | ||||||
See Notes to Financial Statements.
| 88 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
3.50%, 4/19/26 | $ | 196,000 | $ | 188,329 | ||||
1.32%, 6/19/26, (1.319% fixed rate until 6/19/25; Secured Overnight Financing Rate + 1.15% thereafter)(a) | 316,000 | 289,601 | ||||||
4.25%, 10/22/26 | 74,000 | 71,465 | ||||||
1.20%, 10/24/26, (1.197% fixed rate until 10/24/25; Secured Overnight Financing Rate + 1.01% thereafter)(a) | 166,000 | 149,588 | ||||||
1.66%, 3/11/27, Series N, (1.658% fixed rate until 3/11/26; Secured Overnight Financing Rate + 0.91% thereafter)(a) | 300,000 | 270,444 | ||||||
Bank of New York Mellon Corp. | 13,000 | 12,564 | ||||||
2.45%, 8/17/26 | 100,000 | 92,351 | ||||||
BankUnited, Inc. | 38,000 | 35,193 | ||||||
Baxter International, Inc. | 61,000 | 54,233 | ||||||
Becton Dickinson and Co. | 73,000 | 70,936 | ||||||
Berkshire Hathaway Energy Co. | 39,000 | 38,091 | ||||||
Biogen, Inc. | 130,000 | 125,892 | ||||||
Blackstone Secured Lending Fund | 111,000 | 94,010 | ||||||
Boardwalk Pipelines LP | 40,000 | 40,368 | ||||||
BorgWarner, Inc. | 150,000 | 136,714 | ||||||
Broadcom Corp. / Broadcom Cayman Finance Ltd. | 174,000 | 166,081 | ||||||
Broadcom, Inc. | 34,000 | 32,326 | ||||||
3.46%, 9/15/26 | 54,000 | 51,106 | ||||||
4.11%, 9/15/28 | 68,000 | 64,354 | ||||||
Broadridge Financial Solutions, Inc. | 46,000 | 43,389 | ||||||
Bunge Ltd. Finance Corp. | 180,000 | 170,230 | ||||||
Burlington Northern Santa Fe LLC | 9,000 | 8,792 | ||||||
7.00%, 12/15/25 | 50,000 | 52,055 | ||||||
Cadence Design Systems, Inc. | 29,000 | 28,544 | ||||||
Capital One Financial Corp. | 102,000 | 98,021 | ||||||
4.25%, 4/30/25(b) | 90,000 | 87,183 | ||||||
4.20%, 10/29/25(b) | 308,000 | 295,628 | ||||||
3.75%, 7/28/26 | 125,000 | 116,522 | ||||||
3.80%, 1/31/28 | 80,000 | 73,779 | ||||||
Carrier Global Corp. | 22,000 | 20,825 | ||||||
2.49%, 2/15/27 | 152,000 | 138,682 | ||||||
Caterpillar Financial Services Corp. | 9,000 | 8,628 | ||||||
0.80%, 11/13/25 | 156,000 | 141,458 | ||||||
Celanese U.S. Holdings LLC | 64,000 | 55,503 | ||||||
6.17%, 7/15/27 | 134,000 | 133,761 | ||||||
Charles Schwab Corp. | 56,000 | 54,706 | ||||||
3.63%, 4/1/25 | 60,000 | 57,731 | ||||||
Cigna Group | 114,000 | 109,449 | ||||||
4.13%, 11/15/25 | 81,000 | 78,937 | ||||||
1.25%, 3/15/26 | 91,000 | 81,787 | ||||||
Cintas Corp. No. 2 | 80,000 | 77,178 | ||||||
Citigroup, Inc. | ||||||||
3.35%, 4/24/25, (3.352% fixed rate until 4/24/24; 3-month Secured Overnight Financing Rate + 1.158% thereafter)(a) | 91,000 | 88,978 | ||||||
3.30%, 4/27/25 | 150,000 | 144,465 | ||||||
4.40%, 6/10/25 | 193,000 | 187,669 | ||||||
5.50%, 9/13/25 | 229,000 | 227,912 | ||||||
4.60%, 3/9/26 | 87,000 | 84,272 | ||||||
3.11%, 4/8/26, (3.106% fixed rate until 4/8/25; Secured Overnight Financing Rate + 2.842% thereafter)(a) | 99,000 | 94,567 | ||||||
3.20%, 10/21/26 | 305,000 | 285,605 | ||||||
4.30%, 11/20/26 | 48,000 | 46,031 | ||||||
1.12%, 1/28/27, (1.122% fixed rate until 1/28/26; Secured Overnight Financing Rate + 0.765% thereafter)(a) | 29,000 | 25,883 | ||||||
4.45%, 9/29/27 | 386,000 | 368,923 | ||||||
3.07%, 2/24/28, (3.07%% fixed rate until 2/24/27; Secured Overnight Financing Rate + 1.28% thereafter)(a) | 123,000 | 113,324 | ||||||
Citizens Financial Group, Inc. | 111,000 | 98,830 | ||||||
CNA Financial Corp. | 52,000 | 50,511 | ||||||
Comcast Corp. | 273,000 | 261,728 | ||||||
Conagra Brands, Inc. | 123,000 | 120,327 | ||||||
Corebridge Financial, Inc. | 190,000 | 176,894 | ||||||
CSX Corp. | 40,000 | 38,307 | ||||||
2.60%, 11/1/26 | 70,000 | 64,859 | ||||||
CVS Health Corp. | 190,000 | 184,788 | ||||||
1.30%, 8/21/27 | 155,000 | 133,599 | ||||||
4.30%, 3/25/28 | 191,000 | 184,397 | ||||||
D.R. Horton, Inc. | 78,000 | 74,796 | ||||||
2.60%, 10/15/25 | 25,000 | 23,420 | ||||||
DCP Midstream Operating LP | 150,000 | 150,124 | ||||||
Dell International LLC / EMC Corp. | 348,000 | 353,300 | ||||||
4.90%, 10/1/26 | 93,000 | 92,571 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 89 |
Schedule of Investments (continued)
WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
Devon Energy Corp. | $ | 160,000 | $ | 161,438 | ||||
Discover Bank | 260,000 | 239,429 | ||||||
Discover Financial Services | 25,000 | 24,137 | ||||||
4.50%, 1/30/26(b) | 116,000 | 111,195 | ||||||
Dollar General Corp. | 170,000 | 166,620 | ||||||
Dominion Energy, Inc. | 247,000 | 222,503 | ||||||
DTE Energy Co. | 26,000 | 24,904 | ||||||
Duke Energy Corp. | 60,000 | 55,517 | ||||||
4.30%, 3/15/28 | 96,000 | 92,403 | ||||||
Eastman Chemical Co. | 54,000 | 52,616 | ||||||
eBay, Inc. | 151,000 | 136,418 | ||||||
Elevance Health, Inc. | 9,000 | 8,712 | ||||||
Emerson Electric Co. | 130,000 | 115,424 | ||||||
Energy Transfer LP | 200,000 | 191,588 | ||||||
4.00%, 10/1/27 | 250,000 | 234,830 | ||||||
Entergy Louisiana LLC | 121,000 | 111,448 | ||||||
Enterprise Products Operating LLC | 42,000 | 40,895 | ||||||
EOG Resources, Inc. | 52,000 | 50,947 | ||||||
Equifax, Inc. | 74,000 | 73,364 | ||||||
ERP Operating LP | 120,000 | 110,699 | ||||||
Evergy Kansas Central, Inc. | 62,000 | 57,558 | ||||||
Evergy, Inc. | 36,000 | 34,590 | ||||||
Eversource Energy | 110,000 | 110,803 | ||||||
Exelon Corp. | 47,000 | 44,815 | ||||||
Exxon Mobil Corp. | 63,000 | 60,537 | ||||||
2.28%, 8/16/26 | 55,000 | 51,087 | ||||||
Fidelity National Information Services, Inc. | 120,000 | 117,012 | ||||||
Fifth Third Bancorp | 50,000 | 46,969 | ||||||
Fifth Third Bank NA | 200,000 | 184,676 | ||||||
Fiserv, Inc. | 84,000 | 75,569 | ||||||
Florida Power & Light Co. | 97,000 | 93,358 | ||||||
FMC Corp. | 138,000 | 128,380 | ||||||
Fortinet, Inc. | 42,000 | 37,507 | ||||||
Fortive Corp. | 55,000 | 52,101 | ||||||
Fox Corp. | 47,000 | 45,043 | ||||||
GE HealthCare Technologies, Inc. | 250,000 | 253,015 | ||||||
General Dynamics Corp. | 9,000 | 8,635 | ||||||
3.25%, 4/1/25 | 32,000 | 30,990 | ||||||
General Mills, Inc. | 75,000 | 73,204 | ||||||
Georgia Power Co. | 82,000 | 78,496 | ||||||
Gilead Sciences, Inc. | 77,000 | 74,679 | ||||||
3.65%, 3/1/26 | 96,000 | 92,443 | ||||||
Global Payments, Inc. | 4,000 | 3,796 | ||||||
1.20%, 3/1/26 | 287,000 | 255,180 | ||||||
4.80%, 4/1/26 | 43,000 | 42,077 | ||||||
Goldman Sachs BDC, Inc. | 81,000 | 74,551 | ||||||
Goldman Sachs Group, Inc. | ||||||||
1.09%, 12/9/26, (1.093% fixed rate until 12/9/25; Secured Overnight Financing Rate + 0.789% thereafter)(a) | 169,000 | 151,035 | ||||||
5.95%, 1/15/27 | 460,000 | 466,063 | ||||||
1.43%, 3/9/27, (1.431% fixed rate until 3/9/26; Secured Overnight Financing Rate + 0.798% thereafter)(a) | 60,000 | 53,700 | ||||||
4.39%, 6/15/27, (4.387% fixed rate until 6/15/26; Secured Overnight Financing Rate + 1.51% thereafter)(a) | 310,000 | 301,478 | ||||||
1.95%, 10/21/27, (1.948% fixed rate until 10/21/26; Secured Overnight Financing Rate + 0.913% thereafter)(a) | 214,000 | 190,398 | ||||||
2.64%, 2/24/28, (2.64% fixed rate until 2/24/27; Secured Overnight Financing Rate + 1.114% thereafter)(a) | 209,000 | 189,962 | ||||||
Hasbro, Inc. | 170,000 | 158,527 | ||||||
HCA, Inc. | 28,000 | 27,656 | ||||||
5.88%, 2/15/26 | 167,000 | 167,180 | ||||||
5.25%, 6/15/26 | 94,000 | 93,026 | ||||||
4.50%, 2/15/27 | 75,000 | 72,511 | ||||||
3.13%, 3/15/27(c) | 42,000 | 38,598 | ||||||
Hewlett Packard Enterprise Co. | 185,000 | 168,661 | ||||||
HF Sinclair Corp. | 74,000 | 74,379 | ||||||
See Notes to Financial Statements.
| 90 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
Home Depot, Inc. | $ | 80,000 | $ | 75,292 | ||||
Honeywell International, Inc. | 56,000 | 52,340 | ||||||
HP, Inc. | 54,000 | 50,791 | ||||||
1.45%, 6/17/26 | 50,000 | 44,931 | ||||||
4.75%, 1/15/28 | 77,000 | 75,227 | ||||||
Humana, Inc. | 271,000 | 236,141 | ||||||
Huntington Bancshares, Inc. | 102,000 | 97,928 | ||||||
Illumina, Inc. | 73,000 | 73,517 | ||||||
Intel Corp. | 179,000 | 168,478 | ||||||
Intercontinental Exchange, Inc. | 120,000 | 112,351 | ||||||
International Business Machines Corp. | 200,000 | 191,692 | ||||||
3.30%, 5/15/26 | 100,000 | 95,339 | ||||||
4.50%, 2/6/28 | 100,000 | 98,137 | ||||||
Interstate Power & Light Co. | 9,000 | 8,698 | ||||||
ITC Holdings Corp. | 150,000 | 140,206 | ||||||
J.M. Smucker Co. | 57,000 | 55,120 | ||||||
Jabil, Inc. | 40,000 | 38,217 | ||||||
JB Hunt Transport Services, Inc. | 43,000 | 41,586 | ||||||
JBS USA LUX SA / JBS USA Food Co. / JBS USA Finance, Inc. | 150,000 | 131,853 | ||||||
Jefferies Financial Group, Inc. | 100,000 | 103,536 | ||||||
JPMorgan Chase & Co. | 38,000 | 36,765 | ||||||
3.22%, 3/1/25, (3.22% fixed rate until 3/1/24; 3-month Secured Overnight Financing Rate + 1.417% thereafter)(a) | 359,000 | 352,269 | ||||||
0.82%, 6/1/25, (0.824% fixed rate until 6/1/24; 3-month Secured Overnight Financing Rate + 0.54% thereafter)(a) | 150,000 | 142,642 | ||||||
3.90%, 7/15/25 | 58,000 | 56,578 | ||||||
2.01%, 3/13/26, (2.005% fixed rate until 3/13/25; 3-month Secured Overnight Financing Rate + 1.585% thereafter)(a) | 154,000 | 144,734 | ||||||
3.30%, 4/1/26 | 112,000 | 106,761 | ||||||
2.08%, 4/22/26, (2.083% fixed rate until 4/22/25; Secured Overnight Financing Rate + 1.85% thereafter)(a) | 331,000 | 310,081 | ||||||
3.20%, 6/15/26 | 46,000 | 43,843 | ||||||
2.95%, 10/1/26 | 54,000 | 50,756 | ||||||
4.13%, 12/15/26 | 59,000 | 56,850 | ||||||
3.96%, 1/29/27, (3.96% fixed rate until 1/29/26; 3-month Secured Overnight Financing Rate + 1.507% thereafter)(a) | 75,000 | 72,270 | ||||||
1.04%, 2/4/27, (1.04% fixed rate until 2/4/26; 3-month Secured Overnight Financing Rate + 0.695% thereafter)(a) | 68,000 | 60,620 | ||||||
4.25%, 10/1/27 | 383,000 | 371,253 | ||||||
Juniper Networks, Inc. | 48,000 | 43,052 | ||||||
Keurig Dr. Pepper, Inc. | 95,000 | 93,170 | ||||||
KeyCorp | 120,000 | 111,670 | ||||||
Keysight Technologies, Inc. | 58,000 | 57,115 | ||||||
Kimco Realty OP LLC | 95,000 | 91,000 | ||||||
KLA Corp. | 14,000 | 13,820 | ||||||
Kraft Heinz Foods Co. | 20,000 | 18,878 | ||||||
3.88%, 5/15/27 | 140,000 | 134,497 | ||||||
Kroger Co. | 170,000 | 162,522 | ||||||
Laboratory Corp. of America Holdings | 18,000 | 17,433 | ||||||
1.55%, 6/1/26 | 42,000 | 37,519 | ||||||
Lam Research Corp. | 48,000 | 46,594 | ||||||
Lazard Group LLC | 35,000 | 33,732 | ||||||
Lennar Corp. | 119,000 | 116,422 | ||||||
Lowe’s Cos., Inc. | 196,000 | 183,576 | ||||||
Marathon Oil Corp. | 100,000 | 95,551 | ||||||
Marathon Petroleum Corp. | 100,000 | 93,265 | ||||||
Marriott International, Inc. | 37,000 | 37,132 | ||||||
3.75%, 10/1/25 | 16,000 | 15,401 | ||||||
Marsh & McLennan Cos., Inc. | 21,000 | 20,385 | ||||||
Marvell Technology, Inc. | 60,000 | 54,154 | ||||||
McCormick & Co., Inc. | 165,000 | 147,277 | ||||||
McDonald’s Corp. | 170,000 | 164,487 | ||||||
McKesson Corp. | 85,000 | 75,634 | ||||||
Meta Platforms, Inc. | 120,000 | 114,040 | ||||||
MetLife, Inc. | 41,000 | 39,492 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 91 |
Schedule of Investments (continued)
WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
Micron Technology, Inc. | $ | 56,000 | $ | 53,720 | ||||
MidAmerican Energy Co. | 36,000 | 35,055 | ||||||
Mondelez International, Inc. | 69,000 | 64,419 | ||||||
Morgan Stanley | 76,000 | 74,209 | ||||||
0.79%, 5/30/25, (0.79% fixed rate until 5/30/24; Secured Overnight Financing Rate + 0.525% thereafter)(a) | 50,000 | 47,512 | ||||||
2.72%, 7/22/25, (2.72% fixed rate until 7/22/24; Secured Overnight Financing Rate + 1.152% thereafter)(a) | 93,000 | 89,706 | ||||||
4.00%, 7/23/25 | 100,000 | 97,124 | ||||||
0.86%, 10/21/25, Series I, (0.864% fixed rate until 10/21/24; Secured Overnight Financing Rate + 0.745% thereafter)(a) | 71,000 | 66,169 | ||||||
5.00%, 11/24/25 | 269,000 | 264,766 | ||||||
3.88%, 1/27/26 | 205,000 | 197,895 | ||||||
2.19%, 4/28/26, (2.188% fixed rate until 4/28/25; Secured Overnight Financing Rate + 1.99% thereafter)(a) | 323,000 | 303,391 | ||||||
4.35%, 9/8/26 | 110,000 | 106,273 | ||||||
0.99%, 12/10/26, (0.985% fixed rate until 12/10/25; Secured Overnight Financing Rate + 0.72% thereafter)(a) | 92,000 | 82,165 | ||||||
3.63%, 1/20/27 | 114,000 | 108,360 | ||||||
1.51%, 7/20/27, (1.512% fixed rate until 7/20/26; Secured Overnight Financing Rate + 0.858% thereafter)(a) | 214,000 | 189,707 | ||||||
2.48%, 1/21/28, (2.475% fixed rate until 1/21/27; Secured Overnight Financing Rate + 1.00% thereafter)(a) | 209,000 | 188,982 | ||||||
MPLX LP | 193,000 | 185,097 | ||||||
4.00%, 3/15/28 | 98,000 | 92,450 | ||||||
National Fuel Gas Co. | 8,000 | 7,849 | ||||||
NetApp, Inc. | 34,000 | 32,938 | ||||||
1.88%, 6/22/25 | 54,000 | 50,198 | ||||||
NextEra Energy Capital Holdings, Inc. | 62,000 | 55,279 | ||||||
4.63%, 7/15/27 | 105,000 | 102,778 | ||||||
NiSource, Inc. | 74,000 | 74,092 | ||||||
NNN REIT, Inc. | 160,000 | 147,058 | ||||||
Norfolk Southern Corp. | 43,000 | 40,532 | ||||||
Northern Trust Corp. | 52,000 | 50,149 | ||||||
Northrop Grumman Corp. | 99,000 | 92,692 | ||||||
Nucor Corp. | 10,000 | 9,358 | ||||||
O’Reilly Automotive, Inc. | 120,000 | 113,654 | ||||||
Old Republic International Corp. | 67,000 | 66,038 | ||||||
Omega Healthcare Investors, Inc. | 118,000 | 113,731 | ||||||
Omnicom Group, Inc. / Omnicom Capital, Inc. | 36,000 | 35,015 | ||||||
3.60%, 4/15/26 | 95,000 | 91,333 | ||||||
Oracle Corp. | 48,000 | 46,362 | ||||||
2.50%, 4/1/25 | 215,000 | 204,153 | ||||||
2.95%, 5/15/25 | 88,000 | 84,007 | ||||||
1.65%, 3/25/26 | 416,000 | 378,052 | ||||||
2.65%, 7/15/26 | 92,000 | 85,242 | ||||||
3.25%, 11/15/27 | 81,000 | 75,208 | ||||||
2.30%, 3/25/28 | 106,000 | 93,617 | ||||||
Otis Worldwide Corp. | 123,000 | 115,987 | ||||||
Owens Corning | 70,000 | 68,606 | ||||||
Packaging Corp. of America | 9,000 | 8,806 | ||||||
Paramount Global | 120,000 | 108,074 | ||||||
PayPal Holdings, Inc. | 78,000 | 75,545 | ||||||
PECO Energy Co. | 9,000 | 8,645 | ||||||
PepsiCo, Inc. | 18,000 | 17,538 | ||||||
2.85%, 2/24/26 | 18,000 | 17,196 | ||||||
Philip Morris International, Inc. | 79,000 | 73,923 | ||||||
0.88%, 5/1/26 | 110,000 | 98,211 | ||||||
4.88%, 2/15/28 | 112,000 | 110,506 | ||||||
Phillips 66 | 57,000 | 54,997 | ||||||
Pinnacle West Capital Corp. | 46,000 | 41,902 | ||||||
PNC Bank NA | 62,000 | 59,457 | ||||||
PNC Financial Services Group, Inc. | 30,000 | 27,747 | ||||||
PPL Capital Funding, Inc. | 49,000 | 46,319 | ||||||
Procter & Gamble Co. | 10,000 | 9,089 | ||||||
Public Service Electric & Gas Co. | 33,000 | 31,619 | ||||||
0.95%, 3/15/26 | 10,000 | 9,037 | ||||||
Public Service Enterprise Group, Inc. | 18,000 | 16,294 | ||||||
PulteGroup, Inc. | 73,000 | 72,651 | ||||||
See Notes to Financial Statements.
| 92 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
QUALCOMM, Inc. | $ | 93,000 | $ | 90,260 | ||||
Ralph Lauren Corp. | 36,000 | 34,775 | ||||||
Raytheon Technologies Corp. | 124,000 | 121,534 | ||||||
Regions Financial Corp. | �� | 37,000 | 34,325 | |||||
Republic Services, Inc. | 65,000 | 58,575 | ||||||
2.90%, 7/1/26 | 62,000 | 58,511 | ||||||
Revvity, Inc. | 70,000 | 65,991 | ||||||
Roper Technologies, Inc. | 46,000 | 44,176 | ||||||
1.00%, 9/15/25 | 16,000 | 14,563 | ||||||
Royalty Pharma PLC | 26,000 | 23,501 | ||||||
1.75%, 9/2/27 | 110,000 | 94,832 | ||||||
S&P Global, Inc. | 50,000 | 47,023 | ||||||
Sherwin-Williams Co. | 190,000 | 179,369 | ||||||
SITE Centers Corp. | 90,000 | 84,677 | ||||||
Southern California Gas Co. | 100,000 | 97,031 | ||||||
Southern Co. | 177,000 | 166,838 | ||||||
Southern Co. Gas Capital Corp. | 100,000 | 94,310 | ||||||
Southwestern Electric Power Co. | 121,000 | 109,599 | ||||||
Stanley Black & Decker, Inc. | 37,000 | 35,134 | ||||||
Starbucks Corp. | 50,000 | 46,642 | ||||||
State Street Corp. | 79,000 | 76,469 | ||||||
Steel Dynamics, Inc. | 180,000 | 154,314 | ||||||
Stifel Financial Corp. | 7,000 | 6,854 | ||||||
Stryker Corp. | 77,000 | 73,920 | ||||||
Synchrony Financial | 68,000 | 61,109 | ||||||
3.95%, 12/1/27 | 203,000 | 177,461 | ||||||
Take-Two Interactive Software, Inc. | 150,000 | 142,221 | ||||||
Target Corp. | 54,000 | 51,505 | ||||||
TCI Communications, Inc. | 100,000 | 106,717 | ||||||
TD SYNNEX Corp. | 125,000 | 109,284 | ||||||
Teledyne Technologies, Inc. | $ | 70,000 | $ | 63,368 | ||||
Textron, Inc. | 14,000 | 13,538 | ||||||
Toyota Motor Credit Corp. | 27,000 | 25,889 | ||||||
3.00%, 4/1/25 | 166,000 | 159,976 | ||||||
0.80%, 10/16/25 | 168,000 | 152,305 | ||||||
5.45%, 11/10/27 | 250,000 | 255,495 | ||||||
Truist Financial Corp. | 54,000 | 52,315 | ||||||
3.70%, 6/5/25(b) | 101,000 | 96,928 | ||||||
1.20%, 8/5/25 | 52,000 | 47,222 | ||||||
1.13%, 8/3/27 | 221,000 | 186,628 | ||||||
Tyson Foods, Inc. | 45,000 | 43,548 | ||||||
U.S. Bancorp | 66,000 | 63,542 | ||||||
3.15%, 4/27/27, Series X | 79,000 | 73,261 | ||||||
Union Pacific Corp. | 23,000 | 22,139 | ||||||
UnitedHealth Group, Inc. | 92,000 | 93,923 | ||||||
Valero Energy Corp. | 84,000 | 74,555 | ||||||
Verizon Communications, Inc. | 76,000 | 74,030 | ||||||
3.38%, 2/15/25 | 46,000 | 44,463 | ||||||
1.45%, 3/20/26 | 106,000 | 96,166 | ||||||
2.63%, 8/15/26 | 101,000 | 93,991 | ||||||
2.10%, 3/22/28 | 213,000 | 187,216 | ||||||
VF Corp. | 34,000 | 31,891 | ||||||
VMware, Inc. | 342,000 | 302,212 | ||||||
Walgreens Boots Alliance, Inc. | 75,000 | 73,135 | ||||||
3.45%, 6/1/26 | 76,000 | 71,412 | ||||||
Waste Management, Inc. | 120,000 | 112,739 | ||||||
WEC Energy Group, Inc. | 26,000 | 24,944 | ||||||
Wells Fargo & Co. | 86,000 | 82,636 | ||||||
2.41%, 10/30/25, (2.406% fixed rate until 10/30/24; 3-month Secured Overnight Financing Rate + 1.087% thereafter)(a) | 145,000 | 138,218 | ||||||
2.16%, 2/11/26, (2.164% fixed rate until 2/11/25; 3-month Secured Overnight Financing Rate + 1.012% thereafter)(a) | 100,000 | 94,230 | ||||||
3.91%, 4/25/26, (3.908% fixed rate until 4/25/25; Secured Overnight Financing Rate + 1.32% thereafter)(a) | 76,000 | 73,486 | ||||||
2.19%, 4/30/26, (2.188% fixed rate until 4/30/25; Secured Overnight Financing Rate + 2.00% thereafter)(a) | 236,000 | 221,356 | ||||||
4.10%, 6/3/26 | 50,000 | 48,018 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 93 |
Schedule of Investments (concluded)
WisdomTree U.S. Short-Term Corporate Bond Fund (SFIG)
June 30, 2023
| Investments | Principal Amount | Value | ||||||
3.00%, 10/23/26 | $ | 135,000 | $ | 125,481 | ||||
4.30%, 7/22/27 | 382,000 | 366,835 | ||||||
Western Midstream Operating LP | 79,000 | 74,647 | ||||||
Western Union Co. | 57,000 | 54,320 | ||||||
1.35%, 3/15/26 | 13,000 | 11,521 | ||||||
Whirlpool Corp. | 41,000 | 39,703 | ||||||
Willis North America, Inc. | 110,000 | 106,975 | ||||||
WRKCo, Inc. | 30,000 | 28,942 | ||||||
3.75%, 3/15/25 | 89,000 | 85,800 | ||||||
WW Grainger, Inc. | 32,000 | 30,383 | ||||||
Xcel Energy, Inc. | 14,000 | 13,425 | ||||||
1.75%, 3/15/27(b) | 70,000 | 62,091 | ||||||
Zimmer Biomet Holdings, Inc. | 95,000 | 91,720 | ||||||
Zoetis, Inc. | 80,000 | 74,595 | ||||||
|
| |||||||
| Total United States |
| 35,728,182 | ||||||
| TOTAL CORPORATE BONDS (Cost: $38,636,091) |
| 37,100,106 | ||||||
| Investments | Shares | Value | ||||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.5% |
| |||||||
| United States – 2.5% |
| |||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 5.11%(d) | ||||||||
| (Cost: $930,195) | 930,195 | 930,195 | ||||||
| TOTAL INVESTMENTS IN SECURITIES – 101.5% (Cost: $39,566,286) |
| 38,030,301 | ||||||
Other Assets less Liabilities – (1.5)% |
| (567,413 | ) | |||||
|
| |||||||
| NET ASSETS – 100.0% |
| $ | 37,462,888 | |||||
| (a) | Rate shown reflects the accrual rate as of June 30, 2023 on securities with variable or step rates. |
| (b) | Security, or portion thereof, was on loan at June 30, 2023 (See Note 2). At June 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $1,004,205 and the total market value of the collateral held by the Fund was $1,033,051. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $102,856. |
| (c) | This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers. |
| (d) | Rate shown represents annualized 7-day yield as of June 30, 2023. |
| FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of June 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
| Quoted Prices in Active Markets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||||||||||
Assets: |
| |||||||||||||||
Investments in Securities | ||||||||||||||||
Corporate Bonds | $ | — | $ | 37,100,106 | $ | — | $ | 37,100,106 | ||||||||
Investment of Cash Collateral for Securities Loaned | — | 930,195 | — | 930,195 | ||||||||||||
Total Investments in Securities | $ | — | $ | 38,030,301 | $ | — | $ | 38,030,301 | ||||||||
See Notes to Financial Statements.
| 94 | WisdomTree Trust |
Schedule of Investments
WisdomTree Emerging Markets Efficient Core Fund (NTSE)
June 30, 2023
| Investments | Shares | Value | ||||||
| COMMON STOCKS – 88.4% | ||||||||
| Brazil – 3.9% |
| |||||||
Ambev SA | 54,371 | $ | 173,685 | |||||
B3 SA – Brasil Bolsa Balcao | 77,423 | 234,484 | ||||||
Banco Santander Brasil SA | 4,951 | 31,436 | ||||||
CCR SA | 15,864 | 46,204 | ||||||
Centrais Eletricas Brasileiras SA | 5,884 | 48,484 | ||||||
Cosan SA | 6,898 | 25,539 | ||||||
Equatorial Energia SA | 10,902 | 72,657 | ||||||
Hapvida Participacoes e Investimentos SA*(a) | 60,122 | 54,588 | ||||||
JBS SA | 16,104 | 58,287 | ||||||
Klabin SA | 10,722 | 48,387 | ||||||
Localiza Rent a Car SA | 7,243 | 102,849 | ||||||
Lojas Renner SA | 14,635 | 60,676 | ||||||
Magazine Luiza SA* | 45,763 | 31,970 | ||||||
Natura & Co. Holding SA* | 9,133 | 31,693 | ||||||
Raia Drogasil SA | 9,308 | 57,114 | ||||||
Rumo SA | 15,864 | 73,006 | ||||||
Suzano SA | 7,939 | 72,774 | ||||||
Telefonica Brasil SA | 7,932 | 71,148 | ||||||
Vale SA | 42,147 | 561,086 | ||||||
Via SA* | 19,565 | 8,720 | ||||||
Vibra Energia SA | 10,722 | 40,119 | ||||||
WEG SA | 19,508 | 152,659 | ||||||
|
| |||||||
| Total Brazil |
| 2,057,565 | ||||||
| Chile – 0.6% |
| |||||||
Banco de Chile | 537,138 | 56,041 | ||||||
Banco de Credito e Inversiones SA | 725 | 22,142 | ||||||
Banco Santander Chile | 906,417 | 42,872 | ||||||
Cencosud SA | 34,968 | 67,739 | ||||||
Empresas CMPC SA | 4,515 | 8,634 | ||||||
Empresas COPEC SA | 4,792 | 35,545 | ||||||
Enel Americas SA* | 419,379 | 55,936 | ||||||
Falabella SA | 6,884 | 16,520 | ||||||
|
| |||||||
| Total Chile |
| 305,429 | ||||||
| China – 26.2% |
| |||||||
Agricultural Bank of China Ltd., Class H | 330,000 | 129,699 | ||||||
Airtac International Group | 1,000 | 32,911 | ||||||
Alibaba Group Holding Ltd.* | 142,700 | 1,478,606 | ||||||
Anhui Conch Cement Co. Ltd., Class H | 16,000 | 42,467 | ||||||
ANTA Sports Products Ltd. | 13,000 | 132,794 | ||||||
Baidu, Inc., ADR* | 2,580 | 353,228 | ||||||
Bank of China Ltd., Class H | 765,000 | 306,523 | ||||||
Bank of Communications Co. Ltd., Class H | 113,000 | 74,837 | ||||||
BeiGene Ltd., ADR* | 457 | 81,483 | ||||||
Bilibili, Inc., ADR*(b) | 1,517 | 22,907 | ||||||
BYD Co. Ltd., Class H | 8,500 | 271,164 | ||||||
BYD Electronic International Co. Ltd. | 7,500 | 22,682 | ||||||
China Conch Venture Holdings Ltd. | 22,500 | 29,286 | ||||||
China Construction Bank Corp., Class H* | 950,000 | 614,616 | ||||||
China Everbright Bank Co. Ltd., Class H | 73,000 | 20,959 | ||||||
China International Capital Corp. Ltd., Class H*(a) | 29,200 | 51,197 | ||||||
China Life Insurance Co. Ltd., Class H | 73,000 | 121,657 | ||||||
China Longyuan Power Group Corp. Ltd., Class H | 32,000 | 32,953 | ||||||
China Mengniu Dairy Co. Ltd.* | 31,000 | 116,696 | ||||||
China Merchants Bank Co. Ltd., Class H | 51,000 | 231,682 | ||||||
China Minsheng Banking Corp. Ltd., Class H | 69,500 | 25,719 | ||||||
China Overseas Land & Investment Ltd. | 40,500 | 88,270 | ||||||
China Pacific Insurance Group Co. Ltd., Class H | 31,800 | 82,172 | ||||||
China Petroleum & Chemical Corp., Class H | 238,000 | 139,400 | ||||||
China Resources Beer Holdings Co. Ltd. | 12,000 | 79,014 | ||||||
China Resources Gas Group Ltd. | 7,600 | 25,991 | ||||||
China Resources Land Ltd. | 28,000 | 118,623 | ||||||
China Shenhua Energy Co. Ltd., Class H | 48,500 | 148,224 | ||||||
China Taiping Insurance Holdings Co. Ltd. | 22,200 | 23,059 | ||||||
China Tower Corp. Ltd., Class H(a) | 444,000 | 49,292 | ||||||
China Yangtze Power Co. Ltd., Class A | 22,100 | 67,016 | ||||||
CITIC Ltd. | 64,000 | 76,360 | ||||||
CITIC Securities Co. Ltd., Class H | 41,500 | 75,198 | ||||||
CMOC Group Ltd., Class H | 36,000 | 18,835 | ||||||
Contemporary Amperex Technology Co. Ltd., Class A | 2,140 | 67,302 | ||||||
COSCO Shipping Holdings Co. Ltd., Class H | 54,800 | 49,369 | ||||||
Country Garden Holdings Co. Ltd.*(b) | 148,000 | 30,028 | ||||||
Country Garden Services Holdings Co. Ltd. | 12,000 | 15,497 | ||||||
CSPC Pharmaceutical Group Ltd. | 118,000 | 102,542 | ||||||
Daqo New Energy Corp., ADR* | 726 | 28,822 | ||||||
ENN Energy Holdings Ltd. | 8,400 | 104,617 | ||||||
Foshan Haitian Flavouring & Food Co. Ltd., Class A | 4,608 | 29,676 | ||||||
Fosun International Ltd. | 17,000 | 11,671 | ||||||
Fuyao Glass Industry Group Co. Ltd., Class H(a) | 12,400 | 51,267 | ||||||
GDS Holdings Ltd., ADR* | 1,086 | 11,935 | ||||||
Geely Automobile Holdings Ltd. | 71,000 | 86,614 | ||||||
GF Securities Co. Ltd., Class H* | 32,400 | 44,735 | ||||||
Great Wall Motor Co. Ltd., Class H(b) | 34,500 | 39,490 | ||||||
H World Group Ltd., ADR* | 2,233 | 86,596 | ||||||
Haier Smart Home Co. Ltd., Class H | 24,600 | 77,379 | ||||||
Haitong Securities Co. Ltd., Class H | 44,400 | 27,195 | ||||||
Hangzhou Tigermed Consulting Co. Ltd., Class H(a) | 1,100 | 6,267 | ||||||
Huatai Securities Co. Ltd., Class H(a) | 36,800 | 45,456 | ||||||
Industrial & Commercial Bank of China Ltd., Class H | 641,000 | 341,906 | ||||||
Innovent Biologics, Inc.*(a) | 13,000 | 49,103 | ||||||
iQIYI, Inc., ADR* | 2,701 | 14,423 | ||||||
JD Health International, Inc.*(a)(b) | 4,600 | 29,027 | ||||||
JD.com, Inc., ADR(b) | 8,278 | 282,528 | ||||||
JD.com, Inc., Class A | 2,338 | 39,501 | ||||||
JOYY, Inc., ADR | 794 | 24,384 | ||||||
Kingdee International Software Group Co. Ltd.* | 26,000 | 34,770 | ||||||
Kweichow Moutai Co. Ltd., Class A | 700 | 162,712 | ||||||
Lenovo Group Ltd. | 84,000 | 87,574 | ||||||
Li Auto, Inc., ADR* | 2,199 | 77,185 | ||||||
Li Ning Co. Ltd. | 21,000 | 112,951 | ||||||
Longfor Group Holdings Ltd.(a) | 19,000 | 46,163 | ||||||
LONGi Green Energy Technology Co. Ltd., Class A | 4,572 | 18,018 | ||||||
Luzhou Laojiao Co. Ltd., Class A | 900 | 25,927 | ||||||
Meituan, Class B*(a) | 39,420 | 615,199 | ||||||
Muyuan Foods Co. Ltd., Class A* | 700 | 4,056 | ||||||
NetEase, Inc., ADR | 4,060 | 392,561 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 95 |
Schedule of Investments (continued)
WisdomTree Emerging Markets Efficient Core Fund (NTSE)
June 30, 2023
| Investments | Shares | Value | ||||||
New China Life Insurance Co. Ltd., Class H | 18,400 | $ | 48,485 | |||||
NIO, Inc., ADR* | 12,926 | 125,253 | ||||||
PDD Holdings, Inc., ADR* | 3,763 | 260,174 | ||||||
People’s Insurance Co. Group of China Ltd., Class H | 111,000 | 40,227 | ||||||
PetroChina Co. Ltd., Class H | 224,000 | 154,924 | ||||||
PICC Property & Casualty Co. Ltd., Class H | 84,000 | 93,362 | ||||||
Ping An Bank Co. Ltd., Class A | 24,100 | 37,203 | ||||||
Ping An Healthcare & Technology Co. Ltd.*(a)(b) | 4,600 | 11,118 | ||||||
Ping An Insurance Group Co. of China Ltd., Class H | 62,000 | 394,393 | ||||||
Postal Savings Bank of China Co. Ltd., Class H(a) | 153,000 | 94,105 | ||||||
SF Holding Co. Ltd., Class A | 6,800 | 42,147 | ||||||
Shenzhou International Group Holdings Ltd. | 8,500 | 81,078 | ||||||
Shimao Group Holdings Ltd.*† | 9,500 | 1,405 | ||||||
Silergy Corp. | 2,000 | 24,723 | ||||||
Sino Biopharmaceutical Ltd. | 62,000 | 26,979 | ||||||
Smoore International Holdings Ltd.(a)(b) | 5,000 | 5,079 | ||||||
Sunny Optical Technology Group Co. Ltd. | 7,500 | 74,793 | ||||||
Tencent Holdings Ltd. | 53,800 | 2,276,508 | ||||||
Tencent Music Entertainment Group, ADR* | 4,446 | 32,811 | ||||||
Trip.com Group Ltd., ADR* | 5,277 | 184,695 | ||||||
Want Want China Holdings Ltd. | 81,000 | 53,748 | ||||||
Weibo Corp., ADR | 1,021 | 13,385 | ||||||
Weichai Power Co. Ltd., Class H | 30,000 | 43,948 | ||||||
Wharf Holdings Ltd. | 9,000 | 21,384 | ||||||
Wuliangye Yibin Co. Ltd., Class A | 3,400 | 76,447 | ||||||
WuXi AppTec Co. Ltd., Class H(a) | 4,340 | 34,613 | ||||||
Wuxi Biologics Cayman, Inc.*(a) | 34,000 | 162,915 | ||||||
Xiaomi Corp., Class B*(a) | 152,200 | 208,200 | ||||||
Xinyi Solar Holdings Ltd. | 66,026 | 76,249 | ||||||
XPeng, Inc., ADR* | 2,173 | 29,162 | ||||||
Yum China Holdings, Inc. | 3,769 | 212,948 | ||||||
Zai Lab Ltd., ADR*(b) | 1,035 | 28,701 | ||||||
Zijin Mining Group Co. Ltd., Class H | 68,000 | 99,788 | ||||||
Zoomlion Heavy Industry Science & Technology Co. Ltd., Class H* | 62,400 | 32,249 | ||||||
ZTE Corp., Class H | 22,400 | 89,753 | ||||||
ZTO Express Cayman, Inc., ADR | 3,236 | 81,159 | ||||||
|
| |||||||
| Total China |
| 13,734,077 | ||||||
| Czech Republic – 0.2% |
| |||||||
CEZ AS | 2,009 | 83,029 | ||||||
| Hungary – 0.3% |
| |||||||
MOL Hungarian Oil & Gas PLC | 2,904 | 25,380 | ||||||
OTP Bank Nyrt | 1,983 | 70,356 | ||||||
Richter Gedeon Nyrt | 2,350 | 57,875 | ||||||
|
| |||||||
| Total Hungary |
| 153,611 | ||||||
| India – 14.7% |
| |||||||
Adani Green Energy Ltd.* | 3,541 | 40,829 | ||||||
Adani Ports & Special Economic Zone Ltd. | 5,704 | 51,400 | ||||||
Ambuja Cements Ltd.* | 9,507 | 49,357 | ||||||
Apollo Hospitals Enterprise Ltd. | 1,208 | 75,072 | ||||||
Asian Paints Ltd. | 3,272 | 134,095 | ||||||
Aurobindo Pharma Ltd. | 3,755 | 33,293 | ||||||
Avenue Supermarts Ltd.*(a) | 2,326 | 110,272 | ||||||
Axis Bank Ltd. | 21,671 | 260,848 | ||||||
Bajaj Finance Ltd. | 2,675 | 233,490 | ||||||
Bajaj Finserv Ltd. | 4,092 | 76,217 | ||||||
Bandhan Bank Ltd.*(a) | 9,317 | 27,490 | ||||||
Bharti Airtel Ltd. | 24,391 | 261,270 | ||||||
Britannia Industries Ltd. | 786 | 48,141 | ||||||
Cipla Ltd. | 3,225 | 39,900 | ||||||
Divi’s Laboratories Ltd. | 1,170 | 51,109 | ||||||
Dr. Reddy’s Laboratories Ltd. | 1,221 | 76,794 | ||||||
GAIL India Ltd. | 8,599 | 11,011 | ||||||
Godrej Consumer Products Ltd.* | 5,361 | 70,642 | ||||||
Grasim Industries Ltd. | 4,180 | 88,386 | ||||||
HCL Technologies Ltd. | 11,283 | 163,387 | ||||||
HDFC Life Insurance Co. Ltd.(a) | 7,016 | 55,693 | ||||||
Hindalco Industries Ltd. | 21,465 | 110,143 | ||||||
Hindustan Unilever Ltd. | 8,360 | 272,920 | ||||||
Housing Development Finance Corp. Ltd. | 16,386 | 563,659 | ||||||
ICICI Bank Ltd. | 49,218 | 560,717 | ||||||
ICICI Lombard General Insurance Co. Ltd.(a) | 1,789 | 29,319 | ||||||
Infosys Ltd. | 32,690 | 532,173 | ||||||
ITC Ltd. | 28,907 | 159,130 | ||||||
JSW Steel Ltd. | 10,211 | 97,684 | ||||||
Kotak Mahindra Bank Ltd. | 4,524 | 101,830 | ||||||
Larsen & Toubro Ltd. | 8,011 | 241,742 | ||||||
Lupin Ltd. | 3,161 | 34,785 | ||||||
Mahindra & Mahindra Ltd. | 8,292 | 146,926 | ||||||
Marico Ltd. | 5,361 | 34,697 | ||||||
Maruti Suzuki India Ltd. | 1,410 | 168,250 | ||||||
NTPC Ltd. | 39,323 | 90,667 | ||||||
Oil & Natural Gas Corp. Ltd. | 24,740 | 48,342 | ||||||
Pidilite Industries Ltd. | 1,513 | 47,898 | ||||||
Power Grid Corp. of India Ltd. | 32,565 | 101,284 | ||||||
Reliance Industries Ltd. | 27,436 | 852,899 | ||||||
Samvardhana Motherson International Ltd. | 22,777 | 23,794 | ||||||
SBI Life Insurance Co. Ltd.(a) | 4,722 | 75,225 | ||||||
Shriram Finance Ltd. | 2,727 | 57,680 | ||||||
State Bank of India | 16,722 | 116,768 | ||||||
Sun Pharmaceutical Industries Ltd. | 8,214 | 105,293 | ||||||
Tata Consultancy Services Ltd. | 8,955 | 360,471 | ||||||
Tata Consumer Products Ltd. | 8,052 | 84,499 | ||||||
Tata Motors Ltd.* | 19,572 | 142,085 | ||||||
Tata Steel Ltd. | 63,382 | 86,532 | ||||||
Tech Mahindra Ltd. | 7,260 | 100,077 | ||||||
Titan Co. Ltd. | 3,407 | 126,570 | ||||||
UltraTech Cement Ltd. | 1,338 | 135,286 | ||||||
UPL Ltd. | 3,187 | 26,710 | ||||||
Vedanta Ltd. | 21,480 | 72,777 | ||||||
Wipro Ltd. | 10,722 | 50,861 | ||||||
|
| |||||||
| Total India |
| 7,718,389 | ||||||
| Indonesia – 2.0% |
| |||||||
Astra International Tbk PT | 257,000 | 116,136 | ||||||
Bank Central Asia Tbk PT | 528,100 | 322,302 | ||||||
Bank Mandiri Persero Tbk PT | 491,000 | 170,299 | ||||||
See Notes to Financial Statements.
| 96 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Emerging Markets Efficient Core Fund (NTSE)
June 30, 2023
| Investments | Shares | Value | ||||||
Bank Rakyat Indonesia Persero Tbk PT | 596,300 | $ | 215,770 | |||||
Charoen Pokphand Indonesia Tbk PT* | 151,300 | 53,234 | ||||||
Telkom Indonesia Persero Tbk PT | 532,700 | 142,124 | ||||||
Unilever Indonesia Tbk PT | 120,700 | 34,296 | ||||||
|
| |||||||
| Total Indonesia |
| 1,054,161 | ||||||
| Luxembourg – 0.1% |
| |||||||
Reinet Investments SCA | 1,824 | 40,258 | ||||||
| Malaysia – 1.0% |
| |||||||
CIMB Group Holdings Bhd | 90,643 | 98,265 | ||||||
Dialog Group Bhd | 31,200 | 13,770 | ||||||
Hartalega Holdings Bhd | 31,200 | 12,634 | ||||||
Hong Leong Bank Bhd | 7,300 | 29,654 | ||||||
IHH Healthcare Bhd | 45,600 | 57,544 | ||||||
Malayan Banking Bhd | 4,850 | 8,967 | ||||||
Petronas Chemicals Group Bhd | 38,500 | 49,491 | ||||||
Petronas Gas Bhd | 19,200 | 68,696 | ||||||
Press Metal Aluminium Holdings Bhd | 46,000 | 46,320 | ||||||
Public Bank Bhd | 125,000 | 103,107 | ||||||
Tenaga Nasional Bhd | 21,400 | 41,493 | ||||||
Top Glove Corp. Bhd* | 30,700 | 5,328 | ||||||
|
| |||||||
| Total Malaysia |
| 535,269 | ||||||
| Mexico – 3.3% |
| |||||||
America Movil SAB de CV, Series B | 370,213 | 401,502 | ||||||
Cemex SAB de CV, Series CPO* | 148,532 | 104,792 | ||||||
Fibra Uno Administracion SA de CV | 33,668 | 49,077 | ||||||
Fomento Economico Mexicano SAB de CV(b) | 23,298 | 257,466 | ||||||
Grupo Aeroportuario del Pacifico SAB de CV, Class B | 3,615 | 64,758 | ||||||
Grupo Aeroportuario del Sureste SAB de CV, Class B | 3,080 | 85,701 | ||||||
Grupo Bimbo SAB de CV, Series A | 20,566 | 109,902 | ||||||
Grupo Financiero Banorte SAB de CV, Class O | 27,751 | 228,490 | ||||||
Grupo Mexico SAB de CV, Series B | 29,496 | 141,731 | ||||||
Grupo Televisa SAB, Series CPO | 22,417 | 23,018 | ||||||
Sitios Latinoamerica SAB de CV*(b) | 18,918 | 7,611 | ||||||
Wal-Mart de Mexico SAB de CV | 59,312 | 234,198 | ||||||
|
| |||||||
| Total Mexico |
| 1,708,246 | ||||||
| Philippines – 0.6% |
| |||||||
ACEN Corp.* | 8,730 | 853 | ||||||
Ayala Corp. | 4,550 | 51,518 | ||||||
Ayala Land, Inc. | 132,500 | 58,329 | ||||||
Bank of the Philippine Islands | 21,437 | 42,253 | ||||||
BDO Unibank, Inc. | 27,742 | 69,205 | ||||||
JG Summit Holdings, Inc. | 34,030 | 27,403 | ||||||
SM Investments Corp. | 20 | 335 | ||||||
SM Prime Holdings, Inc. | 105,800 | 62,963 | ||||||
|
| |||||||
| Total Philippines |
| 312,859 | ||||||
| Poland – 0.8% |
| |||||||
Allegro.eu SA*(a) | 4,094 | 32,244 | ||||||
Bank Polska Kasa Opieki SA | 2,741 | 74,749 | ||||||
CD Projekt SA | 756 | 28,813 | ||||||
Dino Polska SA*(a) | 116 | 13,556 | ||||||
KGHM Polska Miedz SA | 2,201 | 60,890 | ||||||
Polski Koncern Naftowy Orlen SA | 3,499 | 55,470 | ||||||
Powszechna Kasa Oszczednosci Bank Polski SA | 6,197 | 55,138 | ||||||
Powszechny Zaklad Ubezpieczen SA | 8,399 | 81,469 | ||||||
|
| |||||||
| Total Poland |
| 402,329 | ||||||
| Russia – 0.0% |
| |||||||
Gazprom PJSC*† | 99,020 | 0 | ||||||
Lukoil PJSC*† | 2,998 | 0 | ||||||
Magnit PJSC*† | 903 | 0 | ||||||
MMC Norilsk Nickel PJSC*† | 367 | 0 | ||||||
MMC Norilsk Nickel PJSC, ADR*† | 8 | 0 | ||||||
Mobile TeleSystems PJSC, ADR*† | 2,887 | 0 | ||||||
Novatek PJSC*† | 6,960 | 0 | ||||||
Novolipetsk Steel PJSC*† | 12,900 | 0 | ||||||
Polymetal International PLC* | 2,011 | 4,909 | ||||||
Polyus PJSC*† | 326 | 0 | ||||||
Rosneft Oil Co. PJSC*† | 3,254 | 0 | ||||||
Rosneft Oil Co. PJSC, GDR*†(c) | 1,340 | 0 | ||||||
Sberbank of Russia PJSC, ADR*† | 21,191 | 0 | ||||||
Severstal PAO, GDR*†(c) | 2,080 | 0 | ||||||
Surgutneftegas PJSC*† | 112,960 | 0 | ||||||
Tatneft PJSC*† | 12,210 | 0 | ||||||
TCS Group Holding PLC, GDR*†(c) | 430 | 0 | ||||||
X5 Retail Group NV, GDR*†(c) | 1,673 | 0 | ||||||
Yandex NV, Class A*† | 2,324 | 0 | ||||||
|
| |||||||
| Total Russia |
| 4,909 | ||||||
| South Africa – 4.9% |
| |||||||
Absa Group Ltd. | 9,241 | 82,136 | ||||||
Anglo American Platinum Ltd. | 873 | 39,338 | ||||||
AngloGold Ashanti Ltd. | 4,863 | 102,397 | ||||||
Aspen Pharmacare Holdings Ltd. | 6,379 | 62,003 | ||||||
Bid Corp. Ltd. | 2,617 | 57,253 | ||||||
Bidvest Group Ltd. | 4,515 | 62,530 | ||||||
Capitec Bank Holdings Ltd. | 611 | 50,708 | ||||||
Clicks Group Ltd. | 2,322 | 32,116 | ||||||
Discovery Ltd.* | 4,747 | 36,649 | ||||||
Exxaro Resources Ltd. | 2,542 | 22,104 | ||||||
FirstRand Ltd. | 37,583 | 136,277 | ||||||
Gold Fields Ltd. | 8,966 | 124,177 | ||||||
Growthpoint Properties Ltd. | 49,596 | 30,612 | ||||||
Impala Platinum Holdings Ltd.(b) | 6,970 | 46,237 | ||||||
Mr. Price Group Ltd. | 4,366 | 33,326 | ||||||
MTN Group Ltd. | 18,402 | 134,572 | ||||||
MultiChoice Group | 4,478 | 22,635 | ||||||
Naspers Ltd., Class N | 4,769 | 858,060 | ||||||
Nedbank Group Ltd. | 6,355 | 76,894 | ||||||
Northam Platinum Holdings Ltd.* | 4,221 | 28,037 | ||||||
Old Mutual Ltd. | 79,039 | 50,709 | ||||||
Remgro Ltd. | 6,831 | 53,173 | ||||||
Sanlam Ltd. | 20,944 | 64,690 | ||||||
Sasol Ltd. | 6,346 | 78,357 | ||||||
Shoprite Holdings Ltd. | 7,373 | 88,049 | ||||||
Sibanye Stillwater Ltd. | 20,970 | 32,191 | ||||||
Standard Bank Group Ltd. | 7,816 | 73,459 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 97 |
Schedule of Investments (continued)
WisdomTree Emerging Markets Efficient Core Fund (NTSE)
June 30, 2023
| Investments | Shares | Value | ||||||
Vodacom Group Ltd. | 6,159 | $ | 38,210 | |||||
Woolworths Holdings Ltd. | 14,554 | 54,969 | ||||||
|
| |||||||
| Total South Africa |
| 2,571,868 | ||||||
| South Korea – 11.8% |
| |||||||
Amorepacific Corp. | 418 | 30,962 | ||||||
Celltrion Healthcare Co. Ltd. | 1,054 | 52,394 | ||||||
Celltrion, Inc. | 910 | 105,596 | ||||||
CJ CheilJedang Corp. | 73 | 14,931 | ||||||
Coway Co. Ltd. | 566 | 18,879 | ||||||
E-Mart, Inc. | 184 | 10,739 | ||||||
Hana Financial Group, Inc. | 2,801 | 83,330 | ||||||
Hankook Tire & Technology Co. Ltd. | 941 | 24,567 | ||||||
Hanon Systems | 2,393 | 16,617 | ||||||
Hanwha Galleria Corp.* | 4,812 | 5,540 | ||||||
Hanwha Solutions Corp.* | 1,202 | 38,587 | ||||||
HD Korea Shipbuilding & Offshore Engineering Co. Ltd.* | 376 | 33,244 | ||||||
HLB, Inc.* | 1,302 | 32,114 | ||||||
Hyundai Engineering & Construction Co. Ltd. | 1,290 | 37,300 | ||||||
Hyundai Glovis Co. Ltd. | 184 | 27,607 | ||||||
Hyundai Motor Co. | 1,592 | 249,496 | ||||||
Hyundai Steel Co. | 756 | 19,364 | ||||||
Kakao Corp. | 467 | 17,402 | ||||||
KB Financial Group, Inc. | 3,155 | 114,333 | ||||||
Kia Corp. | 2,477 | 166,368 | ||||||
Korea Electric Power Corp.* | 2,431 | 38,006 | ||||||
Korea Investment Holdings Co. Ltd. | 488 | 19,110 | ||||||
Korean Air Lines Co. Ltd. | 1,675 | 30,954 | ||||||
KT&G Corp. | 867 | 54,482 | ||||||
Kumho Petrochemical Co. Ltd. | 274 | 27,594 | ||||||
LG Chem Ltd. | 465 | 235,385 | ||||||
LG Display Co. Ltd.* | 3,413 | 40,822 | ||||||
LG Electronics, Inc. | 1,020 | 98,079 | ||||||
LG H&H Co. Ltd. | 76 | 26,474 | ||||||
Lotte Chemical Corp. | 111 | 13,024 | ||||||
NAVER Corp. | 1,112 | 154,270 | ||||||
NCSoft Corp. | 142 | 31,791 | ||||||
Orion Corp. | 256 | 23,314 | ||||||
POSCO Future M Co. Ltd. | 257 | 68,851 | ||||||
POSCO Holdings, Inc. | 576 | 169,611 | ||||||
S-Oil Corp. | 542 | 27,436 | ||||||
Samsung Biologics Co. Ltd.*(a) | 154 | 86,955 | ||||||
Samsung Electro-Mechanics Co. Ltd. | 543 | 59,548 | ||||||
Samsung Electronics Co. Ltd. | 50,354 | 2,759,123 | ||||||
Samsung Fire & Marine Insurance Co. Ltd. | 274 | 47,828 | ||||||
Samsung Heavy Industries Co. Ltd.* | 4,451 | 22,531 | ||||||
Samsung Life Insurance Co. Ltd. | 488 | 24,925 | ||||||
Samsung SDI Co. Ltd. | 520 | 264,015 | ||||||
Samsung SDS Co. Ltd. | 304 | 28,355 | ||||||
Shinhan Financial Group Co. Ltd. | 3,760 | 97,021 | ||||||
SK Hynix, Inc. | 5,096 | 445,535 | ||||||
SK Innovation Co. Ltd.* | 469 | 56,416 | ||||||
SK Square Co. Ltd.* | 330 | 11,082 | ||||||
SK Telecom Co. Ltd. | 1,029 | 36,392 | ||||||
SK, Inc. | 412 | 46,495 | ||||||
Woori Financial Group, Inc. | 5,173 | 46,287 | ||||||
Yuhan Corp. | 524 | 24,020 | ||||||
|
| |||||||
| Total South Korea |
| 6,215,101 | ||||||
| Taiwan – 15.8% |
| |||||||
Acer, Inc. | 71,000 | 71,468 | ||||||
Advantech Co. Ltd. | 3,000 | 39,445 | ||||||
ASE Technology Holding Co. Ltd. | 40,000 | 141,919 | ||||||
Asia Cement Corp. | 10,000 | 14,256 | ||||||
AUO Corp. | 55,800 | 33,325 | ||||||
Cathay Financial Holding Co. Ltd. | 86,468 | 119,799 | ||||||
Chang Hwa Commercial Bank Ltd. | 29,220 | 17,498 | ||||||
Cheng Shin Rubber Industry Co. Ltd. | 26,000 | 33,518 | ||||||
China Development Financial Holding Corp.* | 144,000 | 57,333 | ||||||
China Steel Corp. | 120,000 | 113,278 | ||||||
Chunghwa Telecom Co. Ltd. | 38,000 | 142,144 | ||||||
Compal Electronics, Inc. | 67,000 | 62,924 | ||||||
CTBC Financial Holding Co. Ltd. | 158,000 | 126,067 | ||||||
Delta Electronics, Inc. | 15,000 | 165,920 | ||||||
E.Sun Financial Holding Co. Ltd. | 117,535 | 98,309 | ||||||
Evergreen Marine Corp. Taiwan Ltd. | 5,600 | 16,812 | ||||||
Far EasTone Telecommunications Co. Ltd. | 8,000 | 20,190 | ||||||
First Financial Holding Co. Ltd. | 108,660 | 96,468 | ||||||
Formosa Chemicals & Fibre Corp. | 37,000 | 79,716 | ||||||
Formosa Petrochemical Corp. | 8,000 | 21,654 | ||||||
Formosa Plastics Corp. | 40,000 | 110,068 | ||||||
Fubon Financial Holding Co. Ltd. | 71,739 | 140,048 | ||||||
Giant Manufacturing Co. Ltd. | 2,036 | 15,036 | ||||||
Hon Hai Precision Industry Co. Ltd. | 122,000 | 442,646 | ||||||
Hotai Motor Co. Ltd. | 2,000 | 52,272 | ||||||
Hua Nan Financial Holdings Co. Ltd., Class C | 158,698 | 113,121 | ||||||
Innolux Corp. | 64,200 | 31,436 | ||||||
Largan Precision Co. Ltd. | 1,000 | 68,391 | ||||||
Lite-On Technology Corp., ADR | 37,000 | 122,959 | ||||||
MediaTek, Inc. | 13,000 | 287,178 | ||||||
Mega Financial Holding Co. Ltd. | 104,650 | 128,357 | ||||||
Nan Ya Plastics Corp. | 43,000 | 100,098 | ||||||
Nanya Technology Corp. | 24,000 | 54,559 | ||||||
Novatek Microelectronics Corp. | 5,000 | 68,471 | ||||||
President Chain Store Corp. | 4,000 | 36,282 | ||||||
Quanta Computer, Inc. | 31,000 | 151,295 | ||||||
SinoPac Financial Holdings Co. Ltd. | 153,625 | 85,582 | ||||||
Taishin Financial Holding Co. Ltd. | 115,103 | 69,850 | ||||||
Taiwan Cement Corp. | 46,997 | 57,417 | ||||||
Taiwan Cooperative Financial Holding Co. Ltd. | 103,113 | 92,868 | ||||||
Taiwan Mobile Co. Ltd. | 26,000 | 79,809 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd. | 216,000 | 3,994,798 | ||||||
Uni-President Enterprises Corp. | 69,000 | 169,041 | ||||||
Unimicron Technology Corp. | 10,000 | 56,511 | ||||||
United Microelectronics Corp. | 116,000 | 180,642 | ||||||
Winbond Electronics Corp.* | 45,000 | 39,662 | ||||||
Yuanta Financial Holding Co. Ltd. | 115,490 | 85,659 | ||||||
|
| |||||||
| Total Taiwan |
| 8,306,099 | ||||||
See Notes to Financial Statements.
| 98 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Emerging Markets Efficient Core Fund (NTSE)
June 30, 2023
| Investments | Shares | Value | ||||||
| Thailand – 2.1% |
| |||||||
Advanced Info Service PCL, NVDR | 14,800 | $ | 89,330 | |||||
Airports of Thailand PCL, NVDR* | 45,800 | 93,008 | ||||||
Bangkok Dusit Medical Services PCL, NVDR | 75,500 | 59,093 | ||||||
Central Pattana PCL, NVDR | 38,500 | 71,125 | ||||||
Charoen Pokphand Foods PCL, NVDR | 64,500 | 35,839 | ||||||
CP ALL PCL, NVDR | 42,300 | 74,566 | ||||||
Delta Electronics Thailand PCL, NVDR | 35,200 | 91,338 | ||||||
Energy Absolute PCL, NVDR | 27,400 | 44,050 | ||||||
Gulf Energy Development PCL, NVDR | 14,700 | 19,383 | ||||||
Home Product Center PCL, NVDR | 91,100 | 35,972 | ||||||
Intouch Holdings PCL, NVDR | 22,900 | 47,796 | ||||||
Kasikornbank PCL, NVDR | 14,000 | 51,135 | ||||||
Minor International PCL, NVDR | 48,300 | 46,659 | ||||||
PTT Exploration & Production PCL, NVDR | 14,000 | 59,230 | ||||||
PTT Global Chemical PCL, NVDR | 27,400 | 28,787 | ||||||
PTT Oil & Retail Business PCL, NVDR | 68,800 | 41,138 | ||||||
PTT PCL, NVDR | 135,900 | 128,407 | ||||||
SCB X PCL, NVDR | 4,900 | 14,719 | ||||||
Siam Cement PCL, NVDR | 10,700 | 97,177 | ||||||
|
| |||||||
| Total Thailand |
| 1,128,752 | ||||||
| Turkey – 0.1% |
| |||||||
BIM Birlesik Magazalar AS | 5,267 | 34,447 | ||||||
| TOTAL COMMON STOCKS (Cost: $51,375,995) |
| 46,366,398 | ||||||
| PREFERRED STOCKS – 2.8% |
| |||||||
| Brazil – 2.7% |
| |||||||
Banco Bradesco SA | 77,357 | 263,790 | ||||||
Gerdau SA | 16,333 | 84,881 | ||||||
Itau Unibanco Holding SA | 53,986 | 318,052 | ||||||
Itausa SA | 68,174 | 136,235 | ||||||
Petroleo Brasileiro SA | 96,148 | 588,568 | ||||||
|
| |||||||
| Total Brazil |
| 1,391,526 | ||||||
| Chile – 0.1% |
| |||||||
Sociedad Quimica y Minera de Chile SA, Class B | 947 | 68,944 | ||||||
| TOTAL PREFERRED STOCKS (Cost: $1,189,953) |
| 1,460,470 | ||||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 0.7% |
| |||||||
| United States – 0.7% |
| |||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 5.11%(d) | ||||||||
| (Cost: $400,070) | 400,070 | 400,070 | ||||||
| TOTAL INVESTMENTS IN SECURITIES – 91.9% (Cost: $52,966,018) |
| 48,226,938 | ||||||
Other Assets less Liabilities – 8.1% |
| 4,236,993 | ||||||
|
| |||||||
| NET ASSETS – 100.0% |
| $ | 52,463,931 | |||||
| * | Non-income producing security. |
| † | This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $1,405, which represents less than 0.01% of net assets. |
| (a) | This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers. |
| (b) | Security, or portion thereof, was on loan at June 30, 2023 (See Note 2). At June 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $455,225 and the total market value of the collateral held by the Fund was $478,154. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $78,084. |
| (c) | This security is exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. This security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. |
| (d) | Rate shown represents annualized 7-day yield as of June 30, 2023. |
| FINANCIAL DERIVATIVE INSTRUMENTS | ||||||||||||||||
| FUTURES CONTRACTS (EXCHANGE-TRADED) | ||||||||||||||||
| Long Exposure | Contracts | Expiration Date | Notional Value | Unrealized Depreciation | ||||||||||||
2 Year U.S. Treasury Note | 30 | 9/29/23 | $ | 6,100,312 | $ | (85,546 | ) | |||||||||
5 Year U.S. Treasury Note | 56 | 9/29/23 | 5,997,250 | (121,379 | ) | |||||||||||
10 Year U.S. Treasury Note | 53 | 9/20/23 | 5,950,078 | (112,625 | ) | |||||||||||
U.S. Treasury Long Bond | 48 | 9/20/23 | 6,091,500 | (13,565 | ) | |||||||||||
Ultra 10 Year U.S. Treasury Note | 51 | 9/20/23 | 6,040,313 | (73,711 | ) | |||||||||||
| $ | 30,179,453 | $ | (406,826 | ) | ||||||||||||
See Notes to Financial Statements.
| WisdomTree Trust | 99 |
Schedule of Investments (concluded)
WisdomTree Emerging Markets Efficient Core Fund (NTSE)
June 30, 2023
| FAIR VALUATION SUMMARY | ||||||||||||||
The following is a summary of the fair valuations according to the inputs used as of June 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
| Quoted Prices in Active Markets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||||||||||
Assets: |
| |||||||||||||||
Investments in Securities | ||||||||||||||||
Common Stocks | ||||||||||||||||
China | $ | 13,732,672 | $ | — | $ | 1,405 | * | $ | 13,734,077 | |||||||
Russia | 4,909 | — | 0 | * | 4,909 | |||||||||||
Other | 32,627,412 | — | — | 32,627,412 | ||||||||||||
Preferred Stocks | 1,460,470 | — | — | 1,460,470 | ||||||||||||
Investment of Cash Collateral for Securities Loaned | — | 400,070 | — | 400,070 | ||||||||||||
Total Investments in Securities | $ | 47,825,463 | $ | 400,070 | $ | 1,405 | $ | 48,226,938 | ||||||||
Liabilities: |
| |||||||||||||||
Financial Derivative Instruments | ||||||||||||||||
Futures Contracts1 | $ | (406,826 | ) | $ | — | $ | — | $ | (406,826 | ) | ||||||
Total – Net | $ | 47,418,637 | $ | 400,070 | $ | 1,405 | $ | 47,820,112 | ||||||||
| * | Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. |
| 1 | Amount shown represents the unrealized appreciation (depreciation) on the financial instrument. |
See Notes to Financial Statements.
| 100 | WisdomTree Trust |
Schedule of Investments
WisdomTree International Efficient Core Fund (NTSI)
June 30, 2023
| Investments | Shares | Value | ||||||
| COMMON STOCKS – 90.5% | ||||||||
| Australia – 6.6% |
| |||||||
ANZ Group Holdings Ltd. | 46,878 | $ | 739,855 | |||||
Aristocrat Leisure Ltd. | 10,878 | 279,935 | ||||||
ASX Ltd.(a) | 4,557 | 191,102 | ||||||
BHP Group Ltd. | 81,857 | 2,451,420 | ||||||
Brambles Ltd. | 24,108 | 231,244 | ||||||
Cochlear Ltd.(a) | 132 | 20,127 | ||||||
Coles Group Ltd. | 20,866 | 255,844 | ||||||
Commonwealth Bank of Australia(a) | 29,106 | 1,942,672 | ||||||
CSL Ltd. | 7,654 | 1,413,219 | ||||||
Dexus | 3,528 | 18,318 | ||||||
Fortescue Metals Group Ltd.(a) | 26,460 | 390,659 | ||||||
Goodman Group(a) | 29,673 | 396,419 | ||||||
Insurance Australia Group Ltd. | 51,009 | 193,539 | ||||||
Lottery Corp. Ltd. | 31,017 | 105,916 | ||||||
Macquarie Group Ltd. | 5,709 | 674,991 | ||||||
National Australia Bank Ltd.(a) | 54,261 | 952,454 | ||||||
Newcrest Mining Ltd. | 12,643 | 222,346 | ||||||
Northern Star Resources Ltd.(a) | 19,602 | 157,621 | ||||||
QBE Insurance Group Ltd. | 27,667 | 288,587 | ||||||
Ramsay Health Care Ltd.(a) | 2,940 | 110,160 | ||||||
Rio Tinto Ltd. | 5,418 | 413,628 | ||||||
Rio Tinto PLC | 18,689 | 1,184,568 | ||||||
Santos Ltd.(a) | 13,965 | 69,904 | ||||||
Scentre Group | 42,643 | 75,221 | ||||||
Sonic Healthcare Ltd. | 8,067 | 191,004 | ||||||
South32 Ltd. | 79,086 | 197,940 | ||||||
Stockland | 14,564 | 39,069 | ||||||
Tabcorp Holdings Ltd. | 31,017 | 22,918 | ||||||
Telstra Group Ltd. | 107,163 | 306,732 | ||||||
Transurban Group(a) | 45,129 | 428,072 | ||||||
Wesfarmers Ltd. | 20,433 | 671,084 | ||||||
Westpac Banking Corp. | 60,270 | 856,134 | ||||||
Woodside Energy Group Ltd.(a) | 27,953 | 640,822 | ||||||
Woolworths Group Ltd. | 23,080 | 610,380 | ||||||
|
| |||||||
| Total Australia |
| 16,743,904 | ||||||
| Austria – 0.1% |
| |||||||
Erste Group Bank AG | 4,383 | 153,450 | ||||||
| Belgium – 0.6% |
| |||||||
Ageas SA/NV | 2,940 | 119,032 | ||||||
Anheuser-Busch InBev SA | 13,083 | 739,799 | ||||||
KBC Group NV | 3,938 | 274,623 | ||||||
Solvay SA | 735 | 82,033 | ||||||
UCB SA | 1,764 | 156,271 | ||||||
Umicore SA | 3,586 | 100,116 | ||||||
|
| |||||||
| Total Belgium |
| 1,471,874 | ||||||
| China – 0.3% |
| |||||||
BOC Hong Kong Holdings Ltd. | 76,500 | 233,797 | ||||||
Prosus NV* | 8,272 | 605,651 | ||||||
|
| |||||||
| Total China |
| 839,448 | ||||||
| Denmark – 3.0% |
| |||||||
Ambu A/S, Class B* | 3,969 | 64,930 | ||||||
AP Moller – Maersk A/S, Class B | 147 | 257,929 | ||||||
Carlsberg A/S, Class B | 903 | 144,285 | ||||||
Chr Hansen Holding A/S | 1,764 | 122,410 | ||||||
Coloplast A/S, Class B | 2,478 | 309,784 | ||||||
Danske Bank A/S* | 3,972 | 96,610 | ||||||
DSV A/S | 3,534 | 742,027 | ||||||
Genmab A/S* | 1,029 | 388,993 | ||||||
GN Store Nord A/S* | 2,627 | 65,513 | ||||||
Novo Nordisk A/S, Class B | 27,036 | 4,355,170 | ||||||
Novozymes A/S, Class B | 3,528 | 164,333 | ||||||
Orsted A/S(b) | 3,392 | 320,470 | ||||||
Pandora A/S | 1,617 | 144,337 | ||||||
Vestas Wind Systems A/S* | 16,331 | 434,211 | ||||||
|
| |||||||
| Total Denmark |
| 7,611,002 | ||||||
| Finland – 0.9% |
| |||||||
Elisa Oyj | 1,260 | 67,276 | ||||||
Fortum Oyj | 7,326 | 98,030 | ||||||
Kesko Oyj, Class B | 6,027 | 113,427 | ||||||
Kone Oyj, Class B | 6,909 | 360,529 | ||||||
Neste Oyj | 7,644 | 294,054 | ||||||
Nokia Oyj | 104,804 | 438,556 | ||||||
Nordea Bank Abp | 37,611 | 408,448 | ||||||
Sampo Oyj, Class A | 6,027 | 270,383 | ||||||
Stora Enso Oyj, Class R | 6,618 | 76,715 | ||||||
UPM-Kymmene Oyj | 6,321 | 188,060 | ||||||
|
| |||||||
| Total Finland |
| 2,315,478 | ||||||
| France – 11.4% |
| |||||||
Air Liquide SA | 8,843 | 1,584,155 | ||||||
Airbus SE | 10,129 | 1,462,676 | ||||||
Alstom SA(a) | 5,144 | 153,323 | ||||||
Arkema SA | 294 | 27,681 | ||||||
Atos SE* | 1,470 | 20,977 | ||||||
AXA SA | 32,634 | 962,190 | ||||||
BNP Paribas SA | 17,097 | 1,076,642 | ||||||
Bouygues SA | 988 | 33,156 | ||||||
Bureau Veritas SA | 1,323 | 36,258 | ||||||
Capgemini SE | 3,034 | 574,467 | ||||||
Carrefour SA(a) | 5,004 | 94,747 | ||||||
Cie de Saint-Gobain | 9,261 | 563,082 | ||||||
Cie Generale des Etablissements Michelin SCA | 8,820 | 260,388 | ||||||
Credit Agricole SA | 10,682 | 126,703 | ||||||
Danone SA | 8,825 | 540,520 | ||||||
Dassault Systemes SE | 11,734 | 520,073 | ||||||
Edenred | 3,234 | 216,426 | ||||||
Eiffage SA | 443 | 46,195 | ||||||
Engie SA | 29,120 | 483,793 | ||||||
EssilorLuxottica SA | 4,619 | 869,788 | ||||||
Hermes International | 462 | 1,003,044 | ||||||
Kering SA | 1,323 | 729,780 | ||||||
L’Oreal SA | 4,300 | 2,003,655 | ||||||
Legrand SA | 4,704 | 465,992 | ||||||
LVMH Moet Hennessy Louis Vuitton SE | 4,704 | 4,428,973 | ||||||
Orange SA | 17,049 | 199,062 | ||||||
Pernod Ricard SA | 3,675 | 811,508 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 101 |
Schedule of Investments (continued)
WisdomTree International Efficient Core Fund (NTSI)
June 30, 2023
| Investments | Shares | Value | ||||||
Publicis Groupe SA | 3,243 | $ | 260,051 | |||||
Renault SA | 2,744 | 115,497 | ||||||
Safran SA | 5,297 | 829,060 | ||||||
Sanofi | 18,090 | 1,938,094 | ||||||
Sartorius Stedim Biotech | 441 | 110,035 | ||||||
Schneider Electric SE | 9,279 | 1,685,140 | ||||||
Societe Generale SA | 9,279 | 240,937 | ||||||
Sodexo SA | 1,176 | 129,392 | ||||||
Teleperformance | 1,029 | 172,269 | ||||||
Thales SA | 1,237 | 185,161 | ||||||
TotalEnergies SE | 42,131 | 2,415,457 | ||||||
Unibail-Rodamco-Westfield*(a) | 783 | 41,132 | ||||||
Valeo | 1,303 | 27,906 | ||||||
Veolia Environnement SA | 8,232 | 260,003 | ||||||
Vinci SA | 8,653 | 1,004,273 | ||||||
Vivendi SE | 12,794 | 117,333 | ||||||
Worldline SA*(b) | 4,432 | 161,983 | ||||||
|
| |||||||
| Total France |
| 28,988,977 | ||||||
| Germany – 7.5% |
| |||||||
adidas AG | 3,381 | 655,772 | ||||||
Allianz SE, Registered Shares | 6,927 | 1,611,229 | ||||||
BASF SE | 15,582 | 755,989 | ||||||
Bayer AG, Registered Shares | 15,752 | 870,786 | ||||||
Bayerische Motoren Werke AG | 4,468 | 548,489 | ||||||
Beiersdorf AG | 1,617 | 213,903 | ||||||
Brenntag SE | 2,205 | 171,764 | ||||||
Continental AG | 1,617 | 121,903 | ||||||
Covestro AG*(b) | 3,533 | 183,397 | ||||||
Daimler Truck Holding AG | 1,492 | 53,716 | ||||||
Delivery Hero SE*(b) | 1,587 | 69,958 | ||||||
Deutsche Bank AG, Registered Shares | 31,409 | 329,582 | ||||||
Deutsche Boerse AG | 3,211 | 592,391 | ||||||
Deutsche Post AG, Registered Shares | 16,711 | 815,504 | ||||||
Deutsche Telekom AG, Registered Shares | 53,166 | 1,158,690 | ||||||
Deutsche Wohnen SE | 3,808 | 87,744 | ||||||
E.ON SE | 35,242 | 449,085 | ||||||
Fresenius Medical Care AG & Co. KGaA | 2,662 | 127,119 | ||||||
Fresenius SE & Co. KGaA | 5,964 | 165,076 | ||||||
Hannover Rueck SE | 589 | 124,889 | ||||||
Heidelberg Materials AG | 2,244 | 184,105 | ||||||
HelloFresh SE* | 1,902 | 46,897 | ||||||
Infineon Technologies AG | 24,809 | 1,022,713 | ||||||
Knorr-Bremse AG | 1,029 | 78,562 | ||||||
Mercedes-Benz Group AG | 12,509 | 1,005,398 | ||||||
Merck KGaA | 2,236 | 369,703 | ||||||
MTU Aero Engines AG | 884 | 228,959 | ||||||
Muenchener Rueckversicherungs – Gesellschaft AG in Muenchen, Registered Shares | 2,352 | 881,689 | ||||||
Puma SE | 1,764 | 106,080 | ||||||
RWE AG | 11,455 | 498,272 | ||||||
SAP SE | 17,841 | 2,435,792 | ||||||
Scout24 SE(b) | 2,746 | 174,001 | ||||||
Siemens AG, Registered Shares | 12,534 | 2,085,923 | ||||||
Siemens Energy AG* | 7,514 | 132,640 | ||||||
Siemens Healthineers AG(b) | 4,683 | 264,961 | ||||||
Symrise AG | 2,020 | 211,611 | ||||||
Vonovia SE | 2,623 | 51,210 | ||||||
Zalando SE*(b) | 2,921 | 84,004 | ||||||
|
| |||||||
| Total Germany |
| 18,969,506 | ||||||
| Hong Kong – 1.8% |
| |||||||
AIA Group Ltd. | 205,800 | 2,077,276 | ||||||
CK Asset Holdings Ltd. | 65,500 | 362,747 | ||||||
CLP Holdings Ltd. | 23,500 | 182,624 | ||||||
Hang Seng Bank Ltd. | 16,300 | 231,918 | ||||||
Hong Kong & China Gas Co. Ltd. | 171,100 | 147,812 | ||||||
Hong Kong Exchanges & Clearing Ltd. | 17,300 | 651,680 | ||||||
Link REIT | 55,894 | 310,261 | ||||||
MTR Corp. Ltd. | 11,500 | 52,829 | ||||||
Power Assets Holdings Ltd. | 19,000 | 99,527 | ||||||
Sun Hung Kai Properties Ltd. | 18,000 | 226,705 | ||||||
Techtronic Industries Co. Ltd. | 10,000 | 108,657 | ||||||
WH Group Ltd.(b) | 288,500 | 152,780 | ||||||
|
| |||||||
| Total Hong Kong |
| 4,604,816 | ||||||
| Ireland – 0.7% |
| |||||||
CRH PLC | 12,198 | 672,055 | ||||||
Flutter Entertainment PLC* | 2,738 | 550,384 | ||||||
Kerry Group PLC, Class A | 1,907 | 185,958 | ||||||
Kingspan Group PLC | 2,807 | 186,503 | ||||||
Smurfit Kappa Group PLC | 2,627 | 87,501 | ||||||
|
| |||||||
| Total Ireland |
| 1,682,401 | ||||||
| Israel – 0.3% |
| |||||||
Bank Hapoalim BM | 15,723 | 128,718 | ||||||
Bank Leumi Le-Israel BM | 18,833 | 140,019 | ||||||
Check Point Software Technologies Ltd.* | 1,669 | 209,660 | ||||||
Nice Ltd.* | 1,472 | 300,274 | ||||||
Teva Pharmaceutical Industries Ltd., ADR* | 869 | 6,543 | ||||||
Wix.com Ltd.* | 870 | 68,069 | ||||||
|
| |||||||
| Total Israel |
| 853,283 | ||||||
| Italy – 1.9% |
| |||||||
Assicurazioni Generali SpA | 15,727 | 319,485 | ||||||
Enel SpA | 141,283 | 950,734 | ||||||
Eni SpA | 41,162 | 591,974 | ||||||
Ferrari NV | 1,962 | 641,093 | ||||||
FinecoBank Banca Fineco SpA | 13,230 | 177,754 | ||||||
Intesa Sanpaolo SpA | 260,657 | 682,504 | ||||||
Moncler SpA | 3,969 | 274,274 | ||||||
Nexi SpA*(a)(b) | 9,857 | 77,235 | ||||||
Prysmian SpA | 4,263 | 178,038 | ||||||
Snam SpA(a) | 8,232 | 42,993 | ||||||
Telecom Italia SpA*(a) | 144,787 | 40,723 | ||||||
Terna – Rete Elettrica Nazionale | 10,889 | 92,734 | ||||||
UniCredit SpA | 32,046 | 743,471 | ||||||
|
| |||||||
| Total Italy |
| 4,813,012 | ||||||
| Japan – 20.9% |
| |||||||
Aeon Co. Ltd. | 14,700 | 299,218 | ||||||
Ajinomoto Co., Inc.(a) | 14,700 | 582,162 | ||||||
See Notes to Financial Statements.
| 102 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree International Efficient Core Fund (NTSI)
June 30, 2023
| Investments | Shares | Value | ||||||
Asahi Group Holdings Ltd.(a) | 14,300 | $ | 551,480 | |||||
Asahi Kasei Corp. | 44,100 | 296,573 | ||||||
Astellas Pharma, Inc. | 45,500 | 676,511 | ||||||
Bridgestone Corp.(a) | 14,700 | 599,249 | ||||||
Canon, Inc.(a) | 28,400 | 744,705 | ||||||
Central Japan Railway Co. | 500 | 62,476 | ||||||
Chugai Pharmaceutical Co. Ltd.(a) | 14,700 | 415,569 | ||||||
Dai-ichi Life Holdings, Inc. | 28,400 | 537,996 | ||||||
Daiichi Sankyo Co. Ltd. | 31,400 | 988,480 | ||||||
Daikin Industries Ltd. | 4,100 | 830,155 | ||||||
Daiwa House Industry Co. Ltd. | 13,900 | 364,678 | ||||||
FANUC Corp. | 3,000 | 104,445 | ||||||
Fast Retailing Co. Ltd. | 1,500 | 381,084 | ||||||
Fujitsu Ltd. | 1,500 | 192,981 | ||||||
Hitachi Ltd. | 14,700 | 904,772 | ||||||
Honda Motor Co. Ltd. | 29,400 | 883,007 | ||||||
Hoya Corp. | 2,700 | 318,971 | ||||||
ITOCHU Corp. | 28,900 | 1,137,125 | ||||||
Japan Exchange Group, Inc.(a) | 14,700 | 255,077 | ||||||
Japan Post Holdings Co. Ltd. | 64,200 | 460,396 | ||||||
Japan Tobacco, Inc.(a) | 29,400 | 641,355 | ||||||
Kao Corp.(a) | 14,700 | 530,292 | ||||||
KDDI Corp. | 29,400 | 905,179 | ||||||
Keyence Corp. | 3,000 | 1,408,309 | ||||||
Kirin Holdings Co. Ltd.(a) | 29,400 | 427,468 | ||||||
Komatsu Ltd. | 27,000 | 724,994 | ||||||
Kubota Corp.(a) | 29,200 | 424,055 | ||||||
Kyowa Kirin Co. Ltd.(a) | 14,200 | 261,728 | ||||||
M3, Inc. | 13,700 | 294,692 | ||||||
Marubeni Corp. | 43,100 | 727,602 | ||||||
MINEBEA MITSUMI, Inc. | 14,700 | 275,113 | ||||||
MISUMI Group, Inc. | 14,500 | 287,823 | ||||||
Mitsubishi Chemical Group Corp. | 58,800 | 351,169 | ||||||
Mitsubishi Corp. | 29,400 | 1,409,638 | ||||||
Mitsubishi Electric Corp. | 55,800 | 782,555 | ||||||
Mitsubishi Estate Co. Ltd.(a) | 31,700 | 375,044 | ||||||
Mitsubishi Heavy Industries Ltd. | 11,300 | 524,678 | ||||||
Mitsubishi UFJ Financial Group, Inc. | 243,600 | 1,794,956 | ||||||
Mitsui Fudosan Co. Ltd. | 27,400 | 542,275 | ||||||
Mizuho Financial Group, Inc. | 57,400 | 873,301 | ||||||
Murata Manufacturing Co. Ltd. | 14,700 | 837,646 | ||||||
Nexon Co. Ltd. | 13,800 | 262,280 | ||||||
Nidec Corp. | 300 | 16,283 | ||||||
Nihon M&A Center Holdings, Inc. | 13,600 | 103,363 | ||||||
Nintendo Co. Ltd. | 14,700 | 665,357 | ||||||
Nippon Paint Holdings Co. Ltd.(a) | 27,100 | 221,810 | ||||||
Nippon Steel Corp. | 17,800 | 369,953 | ||||||
Nippon Telegraph & Telephone Corp. | 410,000 | 483,655 | ||||||
Nissan Motor Co. Ltd. | 71,600 | 291,384 | ||||||
Nomura Holdings, Inc. | 119,400 | 452,041 | ||||||
Nomura Research Institute Ltd. | 2,300 | 63,032 | ||||||
NTT Data Corp. | 17,000 | 236,061 | ||||||
Odakyu Electric Railway Co. Ltd.(a) | 14,700 | 195,834 | ||||||
Olympus Corp. | 29,000 | 454,658 | ||||||
Ono Pharmaceutical Co. Ltd. | 13,100 | 236,196 | ||||||
Otsuka Holdings Co. Ltd.(a) | 13,400 | 488,680 | ||||||
Pan Pacific International Holdings Corp.(a) | 13,500 | 240,326 | ||||||
Panasonic Holdings Corp. | 59,300 | 719,428 | ||||||
Rakuten Group, Inc.(a) | 31,600 | 109,097 | ||||||
Recruit Holdings Co. Ltd. | 29,400 | 928,164 | ||||||
Renesas Electronics Corp.* | 28,300 | 528,955 | ||||||
Resona Holdings, Inc. | 68,800 | 328,589 | ||||||
Sekisui House Ltd. | 28,800 | 578,949 | ||||||
Seven & I Holdings Co. Ltd. | 14,700 | 631,082 | ||||||
Shimadzu Corp. | 11,300 | 346,189 | ||||||
Shin-Etsu Chemical Co. Ltd. | 13,400 | 442,047 | ||||||
Shiseido Co. Ltd. | 100 | 4,492 | ||||||
SoftBank Corp.(a) | 73,500 | 783,132 | ||||||
SoftBank Group Corp. | 29,400 | 1,377,702 | ||||||
Sompo Holdings, Inc. | 12,900 | 576,477 | ||||||
Sony Group Corp. | 26,100 | 2,341,208 | ||||||
Subaru Corp. | 15,000 | 280,520 | ||||||
Sumitomo Chemical Co. Ltd. | 88,200 | 266,367 | ||||||
Sumitomo Corp. | 31,100 | 654,341 | ||||||
Sumitomo Electric Industries Ltd. | 29,400 | 357,393 | ||||||
Sumitomo Mitsui Financial Group, Inc. | 28,800 | 1,227,241 | ||||||
Sumitomo Mitsui Trust Holdings, Inc. | 14,000 | 495,257 | ||||||
Sumitomo Realty & Development Co. Ltd.(a) | 13,300 | 326,944 | ||||||
Suzuki Motor Corp. | 13,400 | 482,191 | ||||||
Takeda Pharmaceutical Co. Ltd. | 29,400 | 920,841 | ||||||
Terumo Corp. | 14,700 | 463,980 | ||||||
Tokio Marine Holdings, Inc. | 30,000 | 688,069 | ||||||
Tokyo Electron Ltd. | 8,100 | 1,152,219 | ||||||
Tokyo Gas Co. Ltd. | 14,300 | 310,962 | ||||||
Toray Industries, Inc. | 45,100 | 249,753 | ||||||
Toshiba Corp.(a) | 12,500 | 390,649 | ||||||
Toyota Motor Corp.(a) | 204,900 | 3,272,644 | ||||||
Unicharm Corp.(a) | 13,800 | 509,951 | ||||||
Yamato Holdings Co. Ltd. | 14,000 | 252,133 | ||||||
Z Holdings Corp. | 75,600 | 181,187 | ||||||
|
| |||||||
| Total Japan |
| 52,946,048 | ||||||
| Luxembourg – 0.2% |
| |||||||
ArcelorMittal SA | 9,996 | 271,878 | ||||||
Eurofins Scientific SE(a) | 2,042 | 129,570 | ||||||
|
| |||||||
| Total Luxembourg |
| 401,448 | ||||||
| Macau – 0.1% |
| |||||||
Sands China Ltd.* | 63,200 | 215,328 | ||||||
| Netherlands – 3.9% |
| |||||||
Adyen NV*(a)(b) | 294 | 508,652 | ||||||
Aegon NV(a) | 20,864 | 105,391 | ||||||
Akzo Nobel NV | 2,793 | 227,684 | ||||||
Argenx SE* | 686 | 265,991 | ||||||
ASM International NV(a) | 1,179 | 499,530 | ||||||
ASML Holding NV | 7,219 | 5,221,742 | ||||||
Ferrovial SE | 7,760 | 245,265 | ||||||
Heineken NV | 3,822 | 392,712 | ||||||
ING Groep NV, Series N | 60,561 | 815,197 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 103 |
Schedule of Investments (continued)
WisdomTree International Efficient Core Fund (NTSI)
June 30, 2023
| Investments | Shares | Value | ||||||
Just Eat Takeaway.com NV*(a)(b) | 1,621 | $ | 24,823 | |||||
Koninklijke Ahold Delhaize NV | 15,262 | 520,505 | ||||||
Koninklijke KPN NV | 52,626 | 187,690 | ||||||
Koninklijke Philips NV*(a) | 16,128 | 348,535 | ||||||
QIAGEN NV* | 2,793 | 125,360 | ||||||
Randstad NV(a) | 882 | 46,487 | ||||||
Wolters Kluwer NV | 3,234 | 410,341 | ||||||
|
| |||||||
| Total Netherlands |
| 9,945,905 | ||||||
| New Zealand – 0.1% |
| |||||||
Xero Ltd.* | 3,320 | 262,830 | ||||||
| Norway – 0.4% |
| |||||||
DNB Bank ASA | 12,787 | 239,543 | ||||||
Equinor ASA(a) | 17,227 | 501,845 | ||||||
Mowi ASA(a) | 8,085 | 128,442 | ||||||
Norsk Hydro ASA | 23,373 | 139,188 | ||||||
Telenor ASA | 5,880 | 59,714 | ||||||
Yara International ASA | 2,061 | 72,909 | ||||||
|
| |||||||
| Total Norway |
| 1,141,641 | ||||||
| Portugal – 0.1% |
| |||||||
EDP – Energias de Portugal SA | 55,368 | 270,380 | ||||||
| Singapore – 0.8% |
| |||||||
DBS Group Holdings Ltd. | 31,800 | 740,398 | ||||||
Oversea-Chinese Banking Corp. Ltd. | 58,800 | 533,538 | ||||||
Singapore Telecommunications Ltd. | 190,100 | 351,166 | ||||||
United Overseas Bank Ltd. | 14,700 | 304,134 | ||||||
|
| |||||||
| Total Singapore |
| 1,929,236 | ||||||
| Spain – 2.3% |
| |||||||
ACS Actividades de Construccion y Servicios SA | 3,294 | 115,611 | ||||||
Aena SME SA(b) | 1,323 | 213,622 | ||||||
Amadeus IT Group SA* | 8,375 | 636,858 | ||||||
Banco Bilbao Vizcaya Argentaria SA | 103,236 | 792,018 | ||||||
Banco Santander SA | 198,608 | 733,467 | ||||||
CaixaBank SA | 46,305 | 191,315 | ||||||
Cellnex Telecom SA*(b) | 5,724 | 230,998 | ||||||
Endesa SA(a) | 4,471 | 95,850 | ||||||
Grifols SA* | 2,490 | 31,893 | ||||||
Iberdrola SA | 100,362 | 1,308,465 | ||||||
Industria de Diseno Textil SA | 18,816 | 727,932 | ||||||
Repsol SA(a) | 23,813 | 346,313 | ||||||
Telefonica SA(a) | 76,596 | 310,532 | ||||||
|
| |||||||
| Total Spain |
| 5,734,874 | ||||||
| Sweden – 2.3% |
| |||||||
Alfa Laval AB | 5,550 | 201,934 | ||||||
Alleima AB | 1,663 | 7,553 | ||||||
Assa Abloy AB, Class B | 17,663 | 423,534 | ||||||
Atlas Copco AB, Class A | 76,440 | 1,099,754 | ||||||
Boliden AB* | 4,556 | 131,412 | ||||||
Epiroc AB, Class A | 18,399 | 347,325 | ||||||
EQT AB(a) | 2,884 | 55,377 | ||||||
Essity AB, Class B | 8,232 | 218,808 | ||||||
Evolution AB(b) | 2,710 | 342,673 | ||||||
H & M Hennes & Mauritz AB, Class B(a) | 13,968 | 239,471 | ||||||
Hexagon AB, Class B | 41,891 | 514,848 | ||||||
Kinnevik AB, Class B*(a) | 5,202 | 71,952 | ||||||
Nibe Industrier AB, Class B | 20,079 | 190,356 | ||||||
Sandvik AB | 21,756 | 423,385 | ||||||
Skandinaviska Enskilda Banken AB, Class A | 10,291 | 113,521 | ||||||
Skanska AB, Class B(a) | 2,793 | 39,084 | ||||||
SKF AB, Class B | 6,336 | 110,046 | ||||||
Svenska Cellulosa AB SCA, Class B(a) | 11,319 | 144,038 | ||||||
Svenska Handelsbanken AB, Class A | 13,821 | 115,596 | ||||||
Swedbank AB, Class A | 7,643 | 128,677 | ||||||
Telefonaktiebolaget LM Ericsson, Class B | 47,459 | 256,643 | ||||||
Telia Co. AB(a) | 10,878 | 23,818 | ||||||
Volvo AB, Class B | 25,431 | 525,040 | ||||||
|
| |||||||
| Total Sweden |
| 5,724,845 | ||||||
| Switzerland – 9.9% |
| |||||||
ABB Ltd., Registered Shares | 35,478 | 1,395,089 | ||||||
Accelleron Industries AG | 1,883 | 45,083 | ||||||
Adecco Group AG, Registered Shares(a) | 1,908 | 62,338 | ||||||
Alcon, Inc. | 9,114 | 754,873 | ||||||
Cie Financiere Richemont SA, Class A, Registered Shares | 8,946 | 1,516,415 | ||||||
DSM-Firmenich AG* | 2,704 | 290,935 | ||||||
Geberit AG, Registered Shares | 882 | 461,481 | ||||||
Givaudan SA, Registered Shares | 147 | 487,179 | ||||||
Holcim AG, Registered Shares* | 5,880 | 395,659 | ||||||
Julius Baer Group Ltd. | 2,058 | 129,601 | ||||||
Kuehne & Nagel International AG, Registered Shares | 969 | 286,698 | ||||||
Logitech International SA, Registered Shares | 3,839 | 228,456 | ||||||
Lonza Group AG, Registered Shares | 1,080 | 643,908 | ||||||
Nestle SA, Registered Shares | 45,880 | 5,518,010 | ||||||
Novartis AG, Registered Shares | 34,963 | 3,517,208 | ||||||
Partners Group Holding AG | 441 | 414,850 | ||||||
Roche Holding AG | 11,463 | 3,504,310 | ||||||
Schindler Holding AG, Participation Certificate | 1,227 | 287,601 | ||||||
Sika AG, Registered Shares | 2,527 | 722,242 | ||||||
Sonova Holding AG, Registered Shares | 1,171 | 311,778 | ||||||
STMicroelectronics NV | 15,972 | 793,991 | ||||||
Straumann Holding AG, Registered Shares | 1,470 | 238,496 | ||||||
Swatch Group AG, Bearer Shares | 735 | 214,507 | ||||||
Swiss Life Holding AG, Registered Shares | 294 | 171,868 | ||||||
Swiss Re AG | 3,822 | 384,657 | ||||||
Swisscom AG, Registered Shares | 190 | 118,462 | ||||||
Temenos AG, Registered Shares | 1,275 | 101,384 | ||||||
UBS Group AG, Registered Shares | 47,796 | 966,712 | ||||||
Zurich Insurance Group AG | 2,352 | 1,117,046 | ||||||
|
| |||||||
| Total Switzerland |
| 25,080,837 | ||||||
| United Kingdom – 13.8% |
| |||||||
Abrdn PLC | 26,480 | 73,458 | ||||||
Admiral Group PLC | 2,492 | 65,962 | ||||||
Anglo American PLC | 19,493 | 553,392 | ||||||
Antofagasta PLC | 6,175 | 114,697 | ||||||
Ashtead Group PLC | 7,760 | 537,088 | ||||||
Associated British Foods PLC | 4,284 | 108,439 | ||||||
See Notes to Financial Statements.
| 104 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree International Efficient Core Fund (NTSI)
June 30, 2023
| Investments | Shares | Value | ||||||
AstraZeneca PLC | 20,482 | $ | 2,936,248 | |||||
Aviva PLC | 37,765 | 189,746 | ||||||
BAE Systems PLC | 43,719 | 515,247 | ||||||
Barclays PLC | 279,946 | 545,894 | ||||||
Barratt Developments PLC | 18,231 | 95,841 | ||||||
BP PLC | 328,810 | 1,916,053 | ||||||
British American Tobacco PLC | 37,359 | 1,238,706 | ||||||
BT Group PLC | 145,710 | 226,652 | ||||||
Bunzl PLC | 5,586 | 212,982 | ||||||
Burberry Group PLC | 6,174 | 166,406 | ||||||
CK Hutchison Holdings Ltd. | 68,000 | 415,206 | ||||||
CNH Industrial NV | 19,719 | 284,085 | ||||||
Coca-Cola Europacific Partners PLC | 2,352 | 151,539 | ||||||
Compass Group PLC | 31,591 | 884,395 | ||||||
Croda International PLC | 2,659 | 190,188 | ||||||
DCC PLC | 762 | 42,606 | ||||||
Diageo PLC | 40,238 | 1,728,582 | ||||||
Dowlais Group PLC* | 22,389 | 36,150 | ||||||
Entain PLC | 10,416 | 168,443 | ||||||
Experian PLC | 16,311 | 625,843 | ||||||
Ferguson PLC | 3,637 | 573,826 | ||||||
Glencore PLC* | 162,532 | 918,493 | ||||||
Haleon PLC | 79,086 | 324,010 | ||||||
Halma PLC | 8,209 | 237,639 | ||||||
HSBC Holdings PLC | 321,048 | 2,537,559 | ||||||
Imperial Brands PLC | 10,814 | 239,016 | ||||||
Informa PLC | 28,224 | 260,508 | ||||||
InterContinental Hotels Group PLC | 2,940 | 203,110 | ||||||
Intertek Group PLC | 2,793 | 151,445 | ||||||
James Hardie Industries PLC* | 9,454 | 250,149 | ||||||
Johnson Matthey PLC | 3,087 | 68,525 | ||||||
Kingfisher PLC | 27,381 | 80,657 | ||||||
Legal & General Group PLC | 111,427 | 322,000 | ||||||
Lloyds Banking Group PLC | 1,132,782 | 627,767 | ||||||
London Stock Exchange Group PLC | 5,125 | 545,101 | ||||||
Melrose Industries PLC | 22,389 | 144,086 | ||||||
Mondi PLC | 7,200 | 109,753 | ||||||
National Grid PLC | 57,522 | 760,924 | ||||||
NatWest Group PLC | 68,978 | 211,170 | ||||||
Next PLC | 1,911 | 167,639 | ||||||
Ocado Group PLC* | 5,270 | 38,056 | ||||||
Pearson PLC | 12,054 | 125,970 | ||||||
Persimmon PLC | 3,046 | 39,713 | ||||||
Prudential PLC | 41,508 | 584,969 | ||||||
Reckitt Benckiser Group PLC | 11,886 | 893,379 | ||||||
RELX PLC | 29,904 | 996,464 | ||||||
Rentokil Initial PLC | 28,371 | 221,827 | ||||||
Rolls-Royce Holdings PLC* | 151,986 | 291,870 | ||||||
Sage Group PLC | 23,086 | 271,432 | ||||||
Segro PLC | 8,548 | 77,898 | ||||||
Shell PLC | 124,329 | 3,702,691 | ||||||
Smith & Nephew PLC | 16,746 | 269,958 | ||||||
Smiths Group PLC | 6,023 | 125,887 | ||||||
Spirax-Sarco Engineering PLC | 1,323 | 174,339 | ||||||
SSE PLC | 16,446 | 384,928 | ||||||
St. James’s Place PLC | 10,437 | 144,301 | ||||||
Standard Chartered PLC | 41,911 | 363,927 | ||||||
Taylor Wimpey PLC | 56,742 | 74,123 | ||||||
Tesco PLC | 114,804 | 362,555 | ||||||
Unilever PLC | 41,957 | 2,185,691 | ||||||
United Utilities Group PLC | 10,110 | 123,598 | ||||||
Vodafone Group PLC | 443,564 | 417,136 | ||||||
Whitbread PLC | 3,675 | 158,201 | ||||||
WPP PLC | 20,581 | 215,448 | ||||||
|
| |||||||
| Total United Kingdom |
| 35,001,586 | ||||||
| United States – 0.6% |
| |||||||
GSK PLC | 61,609 | 1,087,800 | ||||||
Stellantis NV | 27,954 | 490,710 | ||||||
|
| |||||||
| Total United States |
| 1,578,510 | ||||||
| TOTAL COMMON STOCKS (Cost: $216,399,141) |
| 229,280,619 | ||||||
| PREFERRED STOCKS – 0.5% |
| |||||||
| Germany – 0.5% |
| |||||||
Henkel AG & Co. KGaA | 4,557 | 364,226 | ||||||
Porsche Automobil Holding SE* | 2,205 | 132,696 | ||||||
Sartorius AG | 735 | 254,278 | ||||||
| Volkswagen AG | 3,363 | 451,071 | ||||||
| TOTAL PREFERRED STOCKS (Cost: $1,358,145) |
| 1,202,271 | ||||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.3% |
| |||||||
| United States – 2.3% |
| |||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 5.11%(c) | ||||||||
| (Cost: $5,929,191) | 5,929,191 | 5,929,191 | ||||||
| TOTAL INVESTMENTS IN SECURITIES – 93.3% (Cost: $223,686,477) |
| 236,412,081 | ||||||
Other Assets less Liabilities – 6.7% |
| 16,945,163 | ||||||
|
| |||||||
| NET ASSETS – 100.0% |
| $ | 253,357,244 | |||||
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at June 30, 2023 (See Note 2). At June 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $11,491,272 and the total market value of the collateral held by the Fund was $12,075,543. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $6,146,352. |
| (b) | This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers. |
| (c) | Rate shown represents annualized 7-day yield as of June 30, 2023. |
See Notes to Financial Statements.
| WisdomTree Trust | 105 |
Schedule of Investments (concluded)
WisdomTree International Efficient Core Fund (NTSI)
June 30, 2023
| FINANCIAL DERIVATIVE INSTRUMENTS | ||||||||||||||||
| FUTURES CONTRACTS (EXCHANGE-TRADED) | ||||||||||||||||
| Long Exposure | Contracts | Expiration Date | Notional Value | Unrealized Depreciation | ||||||||||||
2 Year U.S. Treasury Note | 143 | 9/29/23 | $ | 29,078,156 | $ | (395,730 | ) | |||||||||
5 Year U.S. Treasury Note | 270 | 9/29/23 | 28,915,313 | (567,835 | ) | |||||||||||
10 Year U.S. Treasury Note | 257 | 9/20/23 | 28,852,266 | (531,809 | ) | |||||||||||
U.S. Treasury Long Bond | 229 | 9/20/23 | 29,061,531 | (69,401 | ) | |||||||||||
Ultra 10 Year U.S. Treasury Note | 245 | 9/20/23 | 29,017,187 | (347,619 | ) | |||||||||||
| $ | 144,924,453 | $ | (1,912,394 | ) | ||||||||||||
| FAIR VALUATION SUMMARY | ||||||||
The following is a summary of the fair valuations according to the inputs used as of June 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
| Quoted Prices in Active Markets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||||||||||
Assets: |
| |||||||||||||||
Investments in Securities | ||||||||||||||||
Common Stocks | $ | 229,280,619 | $ | — | $ | — | $ | 229,280,619 | ||||||||
Preferred Stocks | 1,202,271 | — | — | 1,202,271 | ||||||||||||
Investment of Cash Collateral for Securities Loaned | — | 5,929,191 | — | 5,929,191 | ||||||||||||
Total Investments in Securities | $ | 230,482,890 | $ | 5,929,191 | $ | — | $ | 236,412,081 | ||||||||
Liabilities: |
| |||||||||||||||
Financial Derivative Instruments | ||||||||||||||||
Futures Contracts1 | $ | (1,912,394 | ) | $ | — | $ | — | $ | (1,912,394 | ) | ||||||
Total – Net | $ | 228,570,496 | $ | 5,929,191 | $ | — | $ | 234,499,687 | ||||||||
| 1 | Amount shown represents the unrealized appreciation (depreciation) on the financial instrument. |
See Notes to Financial Statements.
| 106 | WisdomTree Trust |
Schedule of Investments
WisdomTree U.S. Efficient Core Fund (NTSX)
June 30, 2023
| Investments | Shares | Value | ||||||
| COMMON STOCKS – 91.3% | ||||||||
| Argentina – 0.1% |
| |||||||
| Broadline Retail – 0.1% |
| |||||||
MercadoLibre, Inc.* | 797 | $ | 944,126 | |||||
| Brazil – 0.1% |
| |||||||
| Banks – 0.1% |
| |||||||
NU Holdings Ltd., Class A* | 49,031 | 386,855 | ||||||
| China – 0.2% |
| |||||||
| Hotels, Restaurants & Leisure – 0.1% |
| |||||||
Yum China Holdings, Inc. | 7,733 | 436,914 | ||||||
| Semiconductors & Semiconductor Equipment – 0.1% |
| |||||||
NXP Semiconductors NV | 4,423 | 905,300 | ||||||
| Total China |
| 1,342,214 | ||||||
| Ireland – 0.0% |
| |||||||
| Technology Hardware, Storage & Peripherals – 0.0% |
| |||||||
Seagate Technology Holdings PLC | 4,181 | 258,679 | ||||||
| Israel – 0.0% |
| |||||||
| Software – 0.0% |
| |||||||
Check Point Software Technologies Ltd.* | 2,220 | 278,876 | ||||||
| Russia – 0.0% |
| |||||||
| Interactive Media & Services – 0.0% |
| |||||||
Yandex NV, Class A*† | 6,719 | 0 | ||||||
| South Korea – 0.0% |
| |||||||
| Broadline Retail – 0.0% |
| |||||||
Coupang, Inc.* | 21,441 | 373,073 | ||||||
| United Kingdom – 0.1% |
| |||||||
| Beverages – 0.1% |
| |||||||
Coca-Cola Europacific Partners PLC | 9,325 | 600,810 | ||||||
| United States – 90.8% |
| |||||||
| Aerospace & Defense – 1.5% |
| |||||||
Axon Enterprise, Inc.* | 1,258 | 245,461 | ||||||
Boeing Co.* | 12,517 | 2,643,090 | ||||||
General Dynamics Corp. | 5,214 | 1,121,792 | ||||||
Howmet Aerospace, Inc. | 7,962 | 394,597 | ||||||
L3Harris Technologies, Inc. | 3,251 | 636,448 | ||||||
Lockheed Martin Corp. | 5,064 | 2,331,364 | ||||||
Northrop Grumman Corp. | 2,922 | 1,331,847 | ||||||
Raytheon Technologies Corp. | 27,532 | 2,697,035 | ||||||
Textron, Inc. | 3,787 | 256,115 | ||||||
TransDigm Group, Inc. | 884 | 790,446 | ||||||
|
| |||||||
| Total Aerospace & Defense |
| 12,448,195 | ||||||
| Air Freight & Logistics – 0.5% |
| |||||||
Expeditors International of Washington, Inc. | 3,241 | 392,582 | ||||||
FedEx Corp. | 4,636 | 1,149,265 | ||||||
United Parcel Service, Inc., Class B | 14,392 | 2,579,766 | ||||||
|
| |||||||
| Total Air Freight & Logistics |
| 4,121,613 | ||||||
| Automobile Components – 0.1% |
| |||||||
Aptiv PLC* | 5,104 | 521,067 | ||||||
BorgWarner, Inc. | 4,990 | 244,061 | ||||||
|
| |||||||
| Total Automobile Components |
| 765,128 | ||||||
| Automobiles – 2.0% |
| |||||||
Ford Motor Co. | 83,737 | 1,266,941 | ||||||
General Motors Co. | 25,909 | 999,051 | ||||||
Tesla, Inc.* | 57,753 | 15,118,003 | ||||||
|
| |||||||
| Total Automobiles |
| 17,383,995 | ||||||
| Banks – 2.7% |
| |||||||
Bank of America Corp. | 149,466 | 4,288,179 | ||||||
Citigroup, Inc. | 38,771 | 1,785,017 | ||||||
Citizens Financial Group, Inc. | 7,333 | 191,245 | ||||||
Fifth Third Bancorp | 14,857 | 389,402 | ||||||
First Citizens BancShares, Inc., Class A | 285 | 365,783 | ||||||
Huntington Bancshares, Inc. | 30,319 | 326,839 | ||||||
JPMorgan Chase & Co. | 61,945 | 9,009,281 | ||||||
M&T Bank Corp. | 2,943 | 364,226 | ||||||
PNC Financial Services Group, Inc. | 8,133 | 1,024,351 | ||||||
Regions Financial Corp. | 21,906 | 390,365 | ||||||
Truist Financial Corp. | 28,968 | 879,179 | ||||||
U.S. Bancorp | 33,881 | 1,119,428 | ||||||
Wells Fargo & Co. | 77,116 | 3,291,311 | ||||||
|
| |||||||
| Total Banks |
| 23,424,606 | ||||||
| Beverages – 1.5% |
| |||||||
Brown-Forman Corp., Class B | 5,928 | 395,872 | ||||||
Coca-Cola Co. | 82,713 | 4,980,977 | ||||||
Constellation Brands, Inc., Class A | 3,881 | 955,230 | ||||||
Keurig Dr. Pepper, Inc. | 20,631 | 645,131 | ||||||
Monster Beverage Corp.* | 16,004 | 919,270 | ||||||
PepsiCo, Inc. | 28,057 | 5,196,718 | ||||||
|
| |||||||
| Total Beverages |
| 13,093,198 | ||||||
| Biotechnology – 1.9% |
| |||||||
AbbVie, Inc. | 35,167 | 4,738,050 | ||||||
Alnylam Pharmaceuticals, Inc.* | 1,816 | 344,931 | ||||||
Amgen, Inc. | 10,392 | 2,307,232 | ||||||
Biogen, Inc.* | 2,439 | 694,749 | ||||||
BioMarin Pharmaceutical, Inc.* | 3,346 | 290,031 | ||||||
Exact Sciences Corp.* | 3,393 | 318,603 | ||||||
Gilead Sciences, Inc. | 22,812 | 1,758,121 | ||||||
Horizon Therapeutics PLC* | 4,517 | 464,573 | ||||||
Incyte Corp.* | 4,889 | 304,340 | ||||||
Moderna, Inc.* | 7,153 | 869,090 | ||||||
Regeneron Pharmaceuticals, Inc.* | 1,790 | 1,286,187 | ||||||
Sarepta Therapeutics, Inc.* | 1,781 | 203,960 | ||||||
Seagen, Inc.* | 3,551 | 683,425 | ||||||
Vertex Pharmaceuticals, Inc.* | 4,660 | 1,639,901 | ||||||
|
| |||||||
| Total Biotechnology |
| 15,903,193 | ||||||
| Broadline Retail – 3.0% |
| |||||||
Amazon.com, Inc.* | 193,749 | 25,257,119 | ||||||
eBay, Inc. | 11,775 | 526,225 | ||||||
Etsy, Inc.* | 2,269 | 191,980 | ||||||
|
| |||||||
| Total Broadline Retail |
| 25,975,324 | ||||||
| Building Products – 0.3% |
| |||||||
Carlisle Cos., Inc. | 973 | 249,603 | ||||||
Carrier Global Corp. | 13,449 | 668,550 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 107 |
Schedule of Investments (continued)
WisdomTree U.S. Efficient Core Fund (NTSX)
June 30, 2023
| Investments | Shares | Value | ||||||
Johnson Controls International PLC | 14,613 | $ | 995,730 | |||||
Trane Technologies PLC | 4,184 | 800,232 | ||||||
|
| |||||||
| Total Building Products |
| 2,714,115 | ||||||
| Capital Markets – 2.7% |
| |||||||
Ameriprise Financial, Inc. | 2,011 | 667,974 | ||||||
Ares Management Corp., Class A | 2,853 | 274,887 | ||||||
Bank of New York Mellon Corp. | 16,601 | 739,077 | ||||||
BlackRock, Inc. | 3,185 | 2,201,281 | ||||||
Blackstone, Inc. | 15,173 | 1,410,634 | ||||||
Charles Schwab Corp. | 30,063 | 1,703,971 | ||||||
CME Group, Inc. | 7,613 | 1,410,613 | ||||||
Coinbase Global, Inc., Class A* | 3,724 | 266,452 | ||||||
FactSet Research Systems, Inc. | 825 | 330,536 | ||||||
Goldman Sachs Group, Inc. | 6,825 | 2,201,336 | ||||||
Intercontinental Exchange, Inc. | 12,034 | 1,360,805 | ||||||
KKR & Co., Inc. | 14,431 | 808,136 | ||||||
LPL Financial Holdings, Inc. | 1,673 | 363,760 | ||||||
MarketAxess Holdings, Inc. | 707 | 184,824 | ||||||
Moody’s Corp. | 3,159 | 1,098,447 | ||||||
Morgan Stanley | 27,140 | 2,317,756 | ||||||
MSCI, Inc. | 1,543 | 724,114 | ||||||
Nasdaq, Inc. | 7,461 | 371,931 | ||||||
Northern Trust Corp. | 4,546 | 337,040 | ||||||
Raymond James Financial, Inc. | 3,817 | 396,090 | ||||||
S&P Global, Inc. | 6,988 | 2,801,419 | ||||||
State Street Corp. | 6,589 | 482,183 | ||||||
T. Rowe Price Group, Inc. | 4,716 | 528,286 | ||||||
|
| |||||||
| Total Capital Markets |
| 22,981,552 | ||||||
| Chemicals – 1.5% |
| |||||||
Air Products & Chemicals, Inc. | 4,394 | 1,316,135 | ||||||
Albemarle Corp. | 2,172 | 484,551 | ||||||
CF Industries Holdings, Inc. | 2,897 | 201,110 | ||||||
Corteva, Inc. | 14,352 | 822,370 | ||||||
Dow, Inc. | 15,028 | 800,391 | ||||||
DuPont de Nemours, Inc. | 9,291 | 663,749 | ||||||
Ecolab, Inc. | 5,462 | 1,019,701 | ||||||
FMC Corp. | 2,466 | 257,302 | ||||||
International Flavors & Fragrances, Inc. | 4,113 | 327,354 | ||||||
Linde PLC | 10,471 | 3,990,289 | ||||||
LyondellBasell Industries NV, Class A | 5,179 | 475,588 | ||||||
Mosaic Co. | 5,313 | 185,955 | ||||||
PPG Industries, Inc. | 4,184 | 620,487 | ||||||
Sherwin-Williams Co. | 5,212 | 1,383,890 | ||||||
|
| |||||||
| Total Chemicals |
| 12,548,872 | ||||||
| Commercial Services & Supplies – 0.6% |
| |||||||
Cintas Corp. | 1,894 | 941,470 | ||||||
Copart, Inc.* | 9,530 | 869,231 | ||||||
Republic Services, Inc. | 4,218 | 646,071 | ||||||
Rollins, Inc. | 5,969 | 255,652 | ||||||
Waste Connections, Inc. | 5,341 | 763,389 | ||||||
Waste Management, Inc. | 7,389 | 1,281,401 | ||||||
|
| |||||||
| Total Commercial Services & Supplies |
| 4,757,214 | ||||||
| Communications Equipment – 0.7% |
| |||||||
Arista Networks, Inc.* | 5,493 | 890,196 | ||||||
Cisco Systems, Inc. | 82,068 | 4,246,198 | ||||||
Motorola Solutions, Inc. | 2,840 | 832,915 | ||||||
|
| |||||||
| Total Communications Equipment |
| 5,969,309 | ||||||
| Construction & Engineering – 0.1% |
| |||||||
Quanta Services, Inc. | 2,845 | 558,900 | ||||||
| Construction Materials – 0.1% |
| |||||||
Martin Marietta Materials, Inc. | 1,178 | 543,871 | ||||||
Vulcan Materials Co. | 2,459 | 554,357 | ||||||
|
| |||||||
| Total Construction Materials |
| 1,098,228 | ||||||
| Consumer Finance – 0.5% |
| |||||||
American Express Co. | 12,493 | 2,176,281 | ||||||
Capital One Financial Corp. | 8,387 | 917,286 | ||||||
Discover Financial Services | 4,607 | 538,328 | ||||||
Synchrony Financial | 8,599 | 291,678 | ||||||
|
| |||||||
| Total Consumer Finance |
| 3,923,573 | ||||||
| Consumer Staples Distribution & Retail – 1.7% |
| |||||||
Costco Wholesale Corp. | 9,332 | 5,024,162 | ||||||
Dollar General Corp. | 4,229 | 718,000 | ||||||
Dollar Tree, Inc.* | 4,232 | 607,292 | ||||||
Kroger Co. | 13,284 | 624,348 | ||||||
Sysco Corp. | 10,415 | 772,793 | ||||||
Target Corp. | 8,723 | 1,150,564 | ||||||
Walgreens Boots Alliance, Inc. | 15,650 | 445,868 | ||||||
Walmart, Inc. | 29,959 | 4,708,956 | ||||||
|
| |||||||
| Total Consumer Staples Distribution & Retail |
| 14,051,983 | ||||||
| Containers & Packaging – 0.1% |
| |||||||
Amcor PLC | 31,679 | 316,156 | ||||||
Avery Dennison Corp. | 1,691 | 290,514 | ||||||
Ball Corp. | 6,308 | 367,189 | ||||||
Packaging Corp. of America | 1,835 | 242,514 | ||||||
|
| |||||||
| Total Containers & Packaging |
| 1,216,373 | ||||||
| Distributors – 0.1% |
| |||||||
Genuine Parts Co. | 2,849 | 482,136 | ||||||
LKQ Corp. | 5,872 | 342,162 | ||||||
Pool Corp. | 847 | 317,320 | ||||||
|
| |||||||
| Total Distributors |
| 1,141,618 | ||||||
| Diversified REITs – 0.0% |
| |||||||
W.P. Carey, Inc. | 4,407 | 297,737 | ||||||
| Diversified Telecommunication Services – 0.6% |
| |||||||
AT&T, Inc. | 150,756 | 2,404,558 | ||||||
Verizon Communications, Inc. | 81,011 | 3,012,799 | ||||||
|
| |||||||
| Total Diversified Telecommunication Services |
| 5,417,357 | ||||||
| Electric Utilities – 1.4% |
| |||||||
Alliant Energy Corp. | 4,466 | 234,376 | ||||||
American Electric Power Co., Inc. | 10,701 | 901,024 | ||||||
Constellation Energy Corp. | 5,617 | 514,236 | ||||||
Duke Energy Corp. | 14,796 | 1,327,793 | ||||||
Edison International | 7,410 | 514,625 | ||||||
See Notes to Financial Statements.
| 108 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree U.S. Efficient Core Fund (NTSX)
June 30, 2023
| Investments | Shares | Value | ||||||
Entergy Corp. | 4,255 | $ | 414,309 | |||||
Evergy, Inc. | 4,740 | 276,911 | ||||||
Eversource Energy | 6,107 | 433,108 | ||||||
Exelon Corp. | 19,355 | 788,523 | ||||||
FirstEnergy Corp. | 10,706 | 416,249 | ||||||
NextEra Energy, Inc. | 41,770 | 3,099,334 | ||||||
PG&E Corp.* | 40,075 | 692,496 | ||||||
PPL Corp. | 13,472 | 356,469 | ||||||
Southern Co. | 20,366 | 1,430,712 | ||||||
Xcel Energy, Inc. | 11,052 | 687,103 | ||||||
|
| |||||||
| Total Electric Utilities |
| 12,087,268 | ||||||
| Electrical Equipment – 0.5% |
| |||||||
AMETEK, Inc. | 4,910 | 794,831 | ||||||
Eaton Corp. PLC | 8,363 | 1,681,799 | ||||||
Emerson Electric Co. | 11,887 | 1,074,466 | ||||||
Hubbell, Inc. | 956 | 316,971 | ||||||
Rockwell Automation, Inc. | 2,319 | 763,995 | ||||||
|
| |||||||
| Total Electrical Equipment |
| 4,632,062 | ||||||
| Electronic Equipment, Instruments & Components – 0.5% |
| |||||||
Amphenol Corp., Class A | 10,975 | 932,326 | ||||||
CDW Corp. | 2,727 | 500,404 | ||||||
Corning, Inc. | 17,677 | 619,402 | ||||||
Keysight Technologies, Inc.* | 3,294 | 551,580 | ||||||
TE Connectivity Ltd. | 6,380 | 894,221 | ||||||
Teledyne Technologies, Inc.* | 798 | 328,066 | ||||||
Trimble, Inc.* | 5,139 | 272,059 | ||||||
Zebra Technologies Corp., Class A* | 1,172 | 346,713 | ||||||
|
| |||||||
| Total Electronic Equipment, Instruments & Components |
| 4,444,771 | ||||||
| Energy Equipment & Services – 0.3% |
| |||||||
Baker Hughes Co. | 17,529 | 554,092 | ||||||
Halliburton Co. | 15,465 | 510,190 | ||||||
Schlumberger NV | 29,913 | 1,469,327 | ||||||
|
| |||||||
| Total Energy Equipment & Services |
| 2,533,609 | ||||||
| Entertainment – 1.3% |
| |||||||
Activision Blizzard, Inc.* | 15,335 | 1,292,740 | ||||||
Electronic Arts, Inc. | 4,911 | 636,957 | ||||||
Liberty Media Corp. – Liberty Formula One, Class C* | 3,623 | 272,739 | ||||||
Netflix, Inc.* | 8,932 | 3,934,457 | ||||||
ROBLOX Corp., Class A* | 9,209 | 371,123 | ||||||
Spotify Technology SA* | 2,217 | 355,939 | ||||||
Take-Two Interactive Software, Inc.* | 3,336 | 490,926 | ||||||
Walt Disney Co.* | 38,699 | 3,455,047 | ||||||
Warner Bros Discovery, Inc.* | 47,504 | 595,700 | ||||||
|
| |||||||
| Total Entertainment |
| 11,405,628 | ||||||
| Financial Services – 3.9% |
| |||||||
Apollo Global Management, Inc. | 7,165 | 550,344 | ||||||
Berkshire Hathaway, Inc., Class A* | 7 | 3,624,670 | ||||||
Berkshire Hathaway, Inc., Class B* | 25,806 | 8,799,846 | ||||||
Block, Inc.* | 11,578 | 770,747 | ||||||
Fidelity National Information Services, Inc. | 12,775 | 698,792 | ||||||
Fiserv, Inc.* | 12,235 | 1,543,445 | ||||||
FleetCor Technologies, Inc.* | 1,352 | 339,460 | ||||||
Global Payments, Inc. | 4,605 | 453,685 | ||||||
MasterCard, Inc., Class A | 17,661 | 6,946,071 | ||||||
PayPal Holdings, Inc.* | 23,927 | 1,596,649 | ||||||
Visa, Inc., Class A | 34,062 | 8,089,044 | ||||||
|
| |||||||
| Total Financial Services |
| 33,412,753 | ||||||
| Food Products – 0.9% |
| |||||||
Archer-Daniels-Midland Co. | 9,202 | 695,303 | ||||||
Bunge Ltd. | 2,612 | 246,442 | ||||||
Campbell Soup Co. | 3,933 | 179,777 | ||||||
Conagra Brands, Inc. | 8,845 | 298,253 | ||||||
General Mills, Inc. | 10,507 | 805,887 | ||||||
Hershey Co. | 2,838 | 708,649 | ||||||
Hormel Foods Corp. | 6,768 | 272,209 | ||||||
J.M. Smucker Co. | 2,095 | 309,369 | ||||||
Kellogg Co. | 4,878 | 328,777 | ||||||
Kraft Heinz Co. | 17,153 | 608,931 | ||||||
Lamb Weston Holdings, Inc. | 2,685 | 308,641 | ||||||
McCormick & Co., Inc., Non-Voting Shares | 4,322 | 377,008 | ||||||
Mondelez International, Inc., Class A | 28,408 | 2,072,080 | ||||||
Tyson Foods, Inc., Class A | 6,325 | 322,828 | ||||||
|
| |||||||
| Total Food Products |
| 7,534,154 | ||||||
| Gas Utilities – 0.0% |
| |||||||
Atmos Energy Corp. | 2,711 | 315,398 | ||||||
| Ground Transportation – 0.9% |
| |||||||
CSX Corp. | 42,003 | 1,432,302 | ||||||
JB Hunt Transport Services, Inc. | 1,730 | 313,182 | ||||||
Norfolk Southern Corp. | 4,519 | 1,024,728 | ||||||
Old Dominion Freight Line, Inc. | 1,819 | 672,575 | ||||||
Uber Technologies, Inc.* | 38,956 | 1,681,731 | ||||||
Union Pacific Corp. | 12,727 | 2,604,199 | ||||||
|
| |||||||
| Total Ground Transportation |
| 7,728,717 | ||||||
| Health Care Equipment & Supplies – 2.4% |
| |||||||
Abbott Laboratories | 33,954 | 3,701,665 | ||||||
Align Technology, Inc.* | 1,524 | 538,947 | ||||||
Baxter International, Inc. | 10,058 | 458,243 | ||||||
Becton Dickinson & Co. | 5,264 | 1,389,749 | ||||||
Boston Scientific Corp.* | 29,397 | 1,590,084 | ||||||
Cooper Cos., Inc. | 1,011 | 387,648 | ||||||
Dexcom, Inc.* | 7,481 | 961,383 | ||||||
Edwards Lifesciences Corp.* | 11,610 | 1,095,171 | ||||||
GE HealthCare Technologies, Inc. | 7,555 | 613,768 | ||||||
Hologic, Inc.* | 4,459 | 361,045 | ||||||
IDEXX Laboratories, Inc.* | 1,565 | 785,990 | ||||||
Insulet Corp.* | 983 | 283,438 | ||||||
Intuitive Surgical, Inc.* | 6,776 | 2,316,985 | ||||||
Medtronic PLC | 26,877 | 2,367,864 | ||||||
ResMed, Inc. | 3,050 | 666,425 | ||||||
STERIS PLC | 1,916 | 431,062 | ||||||
Stryker Corp. | 7,555 | 2,304,955 | ||||||
Zimmer Biomet Holdings, Inc. | 3,736 | 543,962 | ||||||
|
| |||||||
| Total Health Care Equipment & Supplies |
| 20,798,384 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 109 |
Schedule of Investments (continued)
WisdomTree U.S. Efficient Core Fund (NTSX)
June 30, 2023
| Investments | Shares | Value | ||||||
| Health Care Providers & Services – 2.5% |
| |||||||
AmerisourceBergen Corp. | 3,548 | $ | 682,742 | |||||
Cardinal Health, Inc. | 5,067 | 479,186 | ||||||
Centene Corp.* | 11,046 | 745,053 | ||||||
Cigna Group | 6,132 | 1,720,639 | ||||||
CVS Health Corp. | 26,477 | 1,830,355 | ||||||
Elevance Health, Inc. | 4,684 | 2,081,054 | ||||||
HCA Healthcare, Inc. | 4,427 | 1,343,506 | ||||||
Humana, Inc. | 2,296 | 1,026,610 | ||||||
Laboratory Corp. of America Holdings | 1,850 | 446,461 | ||||||
McKesson Corp. | 2,697 | 1,152,455 | ||||||
Molina Healthcare, Inc.* | 883 | 265,995 | ||||||
Quest Diagnostics, Inc. | 2,168 | 304,734 | ||||||
UnitedHealth Group, Inc. | 19,737 | 9,486,392 | ||||||
|
| |||||||
| Total Health Care Providers & Services |
| 21,565,182 | ||||||
| Health Care REITs – 0.2% |
| |||||||
Healthpeak Properties, Inc. | 13,682 | 275,008 | ||||||
Ventas, Inc. | 7,874 | 372,204 | ||||||
Welltower, Inc. | 9,777 | 790,862 | ||||||
|
| |||||||
| Total Health Care REITs |
| 1,438,074 | ||||||
| Health Care Technology – 0.1% |
| |||||||
Veeva Systems, Inc., Class A* | 2,659 | 525,764 | ||||||
| Hotels, Restaurants & Leisure – 1.9% |
| |||||||
Airbnb, Inc., Class A* | 8,109 | 1,039,250 | ||||||
Booking Holdings, Inc.* | 803 | 2,168,365 | ||||||
Chipotle Mexican Grill, Inc.* | 528 | 1,129,392 | ||||||
Darden Restaurants, Inc. | 1,905 | 318,287 | ||||||
Domino’s Pizza, Inc. | 738 | 248,699 | ||||||
DoorDash, Inc., Class A* | 6,139 | 469,142 | ||||||
Expedia Group, Inc.* | 2,426 | 265,380 | ||||||
Hilton Worldwide Holdings, Inc. | 5,429 | 790,191 | ||||||
Las Vegas Sands Corp.* | 6,995 | 405,710 | ||||||
Marriott International, Inc., Class A | 5,908 | 1,085,241 | ||||||
McDonald’s Corp. | 15,257 | 4,552,841 | ||||||
MGM Resorts International | 5,998 | 263,432 | ||||||
Starbucks Corp. | 24,115 | 2,388,832 | ||||||
Yum! Brands, Inc. | 5,987 | 829,499 | ||||||
|
| |||||||
| Total Hotels, Restaurants & Leisure |
| 15,954,261 | ||||||
| Household Durables – 0.3% |
| |||||||
D.R. Horton, Inc. | 4,994 | 607,720 | ||||||
Garmin Ltd. | 3,339 | 348,224 | ||||||
Lennar Corp., Class A | 4,492 | 562,892 | ||||||
NVR, Inc.* | 59 | 374,687 | ||||||
PulteGroup, Inc. | 4,115 | 319,653 | ||||||
|
| |||||||
| Total Household Durables |
| 2,213,176 | ||||||
| Household Products – 1.3% |
| |||||||
Church & Dwight Co., Inc. | 4,549 | 455,946 | ||||||
Clorox Co. | 2,384 | 379,152 | ||||||
Colgate-Palmolive Co. | 16,543 | 1,274,473 | ||||||
Kimberly-Clark Corp. | 6,733 | 929,558 | ||||||
Procter & Gamble Co. | 50,176 | 7,613,706 | ||||||
|
| |||||||
| Total Household Products |
| 10,652,835 | ||||||
| Independent Power & Renewable Electricity Producers – 0.0% |
| |||||||
AES Corp. | 9,726 | 201,620 | ||||||
| Industrial Conglomerates – 0.7% |
| |||||||
3M Co. | 11,097 | 1,110,699 | ||||||
General Electric Co. | 20,713 | 2,275,323 | ||||||
Honeywell International, Inc. | 14,157 | 2,937,577 | ||||||
|
| |||||||
| Total Industrial Conglomerates |
| 6,323,599 | ||||||
| Industrial REITs – 0.3% |
| |||||||
Prologis, Inc. | 17,819 | 2,185,144 | ||||||
| Insurance – 1.8% |
| |||||||
Aflac, Inc. | 11,325 | 790,485 | ||||||
Allstate Corp. | 5,046 | 550,216 | ||||||
American International Group, Inc. | 14,064 | 809,242 | ||||||
Aon PLC, Class A | 4,033 | 1,392,192 | ||||||
Arch Capital Group Ltd.* | 6,194 | 463,621 | ||||||
Arthur J Gallagher & Co. | 4,159 | 913,192 | ||||||
Brown & Brown, Inc. | 5,320 | 366,229 | ||||||
Chubb Ltd. | 8,297 | 1,597,670 | ||||||
Cincinnati Financial Corp. | 3,022 | 294,101 | ||||||
Everest Re Group Ltd. | 733 | 250,583 | ||||||
Hartford Financial Services Group, Inc. | 5,591 | 402,664 | ||||||
Loews Corp. | 3,981 | 236,392 | ||||||
Markel Group, Inc.* | 301 | 416,337 | ||||||
Marsh & McLennan Cos., Inc. | 9,798 | 1,842,808 | ||||||
MetLife, Inc. | 12,752 | 720,871 | ||||||
Principal Financial Group, Inc. | 4,148 | 314,584 | ||||||
Progressive Corp. | 11,788 | 1,560,377 | ||||||
Prudential Financial, Inc. | 8,326 | 734,520 | ||||||
Travelers Cos., Inc. | 4,161 | 722,599 | ||||||
W.R. Berkley Corp. | 4,306 | 256,465 | ||||||
Willis Towers Watson PLC | 1,904 | 448,392 | ||||||
|
| |||||||
| Total Insurance |
| 15,083,540 | ||||||
| Interactive Media & Services – 4.9% |
| |||||||
Alphabet, Inc., Class A* | 125,262 | 14,993,861 | ||||||
Alphabet, Inc., Class C* | 108,889 | 13,172,302 | ||||||
Meta Platforms, Inc., Class A* | 44,461 | 12,759,418 | ||||||
Pinterest, Inc., Class A* | 12,697 | 347,136 | ||||||
Snap, Inc., Class A* | 24,582 | 291,051 | ||||||
|
| |||||||
| Total Interactive Media & Services |
| 41,563,768 | ||||||
| IT Services – 1.3% |
| |||||||
Accenture PLC, Class A | 13,952 | 4,305,308 | ||||||
Akamai Technologies, Inc.* | 3,341 | 300,256 | ||||||
Cloudflare, Inc., Class A* | 4,731 | 309,265 | ||||||
Cognizant Technology Solutions Corp., Class A | 9,475 | 618,528 | ||||||
EPAM Systems, Inc.* | 901 | 202,500 | ||||||
Gartner, Inc.* | 1,555 | 544,732 | ||||||
GoDaddy, Inc., Class A* | 3,183 | 239,139 | ||||||
International Business Machines Corp. | 17,647 | 2,361,345 | ||||||
MongoDB, Inc.* | 1,241 | 510,039 | ||||||
Okta, Inc.* | 3,105 | 215,332 | ||||||
Snowflake, Inc., Class A* | 6,884 | 1,211,446 | ||||||
See Notes to Financial Statements.
| 110 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree U.S. Efficient Core Fund (NTSX)
June 30, 2023
| Investments | Shares | Value | ||||||
Twilio, Inc., Class A* | 3,854 | $ | 245,191 | |||||
VeriSign, Inc.* | 1,790 | 404,486 | ||||||
|
| |||||||
| Total IT Services |
| 11,467,567 | ||||||
| Life Sciences Tools & Services – 1.4% |
| |||||||
Agilent Technologies, Inc. | 5,934 | 713,564 | ||||||
Avantor, Inc.* | 8,899 | 182,786 | ||||||
Bio-Rad Laboratories, Inc., Class A* | 486 | 184,252 | ||||||
Bio-Techne Corp. | 3,642 | 297,297 | ||||||
Danaher Corp. | 14,471 | 3,473,040 | ||||||
Illumina, Inc.* | 2,809 | 526,659 | ||||||
IQVIA Holdings, Inc.* | 3,771 | 847,608 | ||||||
Mettler-Toledo International, Inc.* | 435 | 570,563 | ||||||
Revvity, Inc. | 1,955 | 232,234 | ||||||
Thermo Fisher Scientific, Inc. | 8,024 | 4,186,522 | ||||||
Waters Corp.* | 1,194 | 318,249 | ||||||
West Pharmaceutical Services, Inc. | 1,471 | 562,613 | ||||||
|
| |||||||
| Total Life Sciences Tools & Services |
| 12,095,387 | ||||||
| Machinery – 1.6% |
| |||||||
Caterpillar, Inc. | 10,176 | 2,503,805 | ||||||
Cummins, Inc. | 2,762 | 677,132 | ||||||
Deere & Co. | 5,711 | 2,314,040 | ||||||
Dover Corp. | 2,928 | 432,319 | ||||||
Fortive Corp. | 6,931 | 518,231 | ||||||
Graco, Inc. | 3,374 | 291,345 | ||||||
IDEX Corp. | 1,474 | 317,293 | ||||||
Illinois Tool Works, Inc. | 5,404 | 1,351,865 | ||||||
Ingersoll Rand, Inc. | 6,825 | 446,082 | ||||||
Nordson Corp. | 1,092 | 271,012 | ||||||
Otis Worldwide Corp. | 8,941 | 795,838 | ||||||
PACCAR, Inc. | 10,866 | 908,941 | ||||||
Parker-Hannifin Corp. | 2,754 | 1,074,170 | ||||||
Snap-on, Inc. | 1,094 | 315,280 | ||||||
Stanley Black & Decker, Inc. | 3,252 | 304,745 | ||||||
Toro Co. | 1,948 | 198,014 | ||||||
Westinghouse Air Brake Technologies Corp. | 3,728 | 408,850 | ||||||
Xylem, Inc. | 3,224 | 363,087 | ||||||
|
| |||||||
| Total Machinery |
| 13,492,049 | ||||||
| Media – 0.7% |
| |||||||
Charter Communications, Inc., Class A* | 2,694 | 989,695 | ||||||
Comcast Corp., Class A | 88,699 | 3,685,444 | ||||||
Interpublic Group of Cos., Inc. | 7,192 | 277,467 | ||||||
Omnicom Group, Inc. | 4,219 | 401,438 | ||||||
Trade Desk, Inc., Class A* | 8,373 | 646,563 | ||||||
|
| |||||||
| Total Media |
| 6,000,607 | ||||||
| Metals & Mining – 0.4% |
| |||||||
Freeport-McMoRan, Inc. | 26,635 | 1,065,400 | ||||||
Newmont Corp. | 16,006 | 682,816 | ||||||
Nucor Corp. | 4,569 | 749,225 | ||||||
Reliance Steel & Aluminum Co. | 1,034 | 280,824 | ||||||
Steel Dynamics, Inc. | 3,265 | 355,656 | ||||||
|
| |||||||
| Total Metals & Mining |
| 3,133,921 | ||||||
| Multi-Utilities – 0.6% |
| |||||||
Ameren Corp. | 5,125 | 418,559 | ||||||
CenterPoint Energy, Inc. | 10,400 | 303,160 | ||||||
CMS Energy Corp. | 5,909 | 347,154 | ||||||
Consolidated Edison, Inc. | 6,746 | 609,838 | ||||||
Dominion Energy, Inc. | 15,652 | 810,617 | ||||||
DTE Energy Co. | 3,487 | 383,640 | ||||||
NiSource, Inc. | 8,530 | 233,295 | ||||||
Public Service Enterprise Group, Inc. | 9,987 | 625,286 | ||||||
Sempra Energy | 5,856 | 852,575 | ||||||
WEC Energy Group, Inc. | 6,138 | 541,617 | ||||||
|
| |||||||
| Total Multi-Utilities |
| 5,125,741 | ||||||
| Office REITs – 0.0% |
| |||||||
Alexandria Real Estate Equities, Inc. | 3,330 | 377,922 | ||||||
| Oil, Gas & Consumable Fuels – 3.4% |
| |||||||
APA Corp. | 5,502 | 188,003 | ||||||
Cheniere Energy, Inc. | 4,760 | 725,234 | ||||||
Chevron Corp. | 34,336 | 5,402,770 | ||||||
ConocoPhillips | 24,175 | 2,504,772 | ||||||
Coterra Energy, Inc. | 14,968 | 378,690 | ||||||
Devon Energy Corp. | 12,094 | 584,624 | ||||||
Diamondback Energy, Inc. | 3,792 | 498,117 | ||||||
EOG Resources, Inc. | 11,918 | 1,363,896 | ||||||
EQT Corp. | 7,348 | 302,223 | ||||||
Exxon Mobil Corp. | 81,024 | 8,689,824 | ||||||
Hess Corp. | 4,585 | 623,331 | ||||||
Kinder Morgan, Inc. | 41,416 | 713,184 | ||||||
Marathon Oil Corp. | 11,931 | 274,652 | ||||||
Marathon Petroleum Corp. | 9,058 | 1,056,163 | ||||||
Occidental Petroleum Corp. | 14,343 | 843,368 | ||||||
ONEOK, Inc. | 8,838 | 545,481 | ||||||
Phillips 66 | 9,134 | 871,201 | ||||||
Pioneer Natural Resources Co. | 4,135 | 856,689 | ||||||
Targa Resources Corp. | 4,510 | 343,211 | ||||||
Texas Pacific Land Corp. | 147 | 193,525 | ||||||
Valero Energy Corp. | 7,231 | 848,196 | ||||||
Williams Cos., Inc. | 22,752 | 742,398 | ||||||
|
| |||||||
| Total Oil, Gas & Consumable Fuels |
| 28,549,552 | ||||||
| Passenger Airlines – 0.2% |
| |||||||
Delta Air Lines, Inc.* | 13,850 | 658,429 | ||||||
Southwest Airlines Co. | 11,763 | 425,938 | ||||||
United Airlines Holdings, Inc.* | 5,979 | 328,068 | ||||||
|
| |||||||
| Total Passenger Airlines |
| 1,412,435 | ||||||
| Personal Care Products – 0.1% |
| |||||||
Estee Lauder Cos., Inc., Class A | 4,852 | 952,836 | ||||||
| Pharmaceuticals – 3.7% |
| |||||||
Bristol-Myers Squibb Co. | 41,493 | 2,653,477 | ||||||
Eli Lilly & Co. | 16,980 | 7,963,281 | ||||||
Johnson & Johnson | 54,195 | 8,970,357 | ||||||
Merck & Co., Inc. | 50,524 | 5,829,964 | ||||||
Pfizer, Inc. | 113,141 | 4,150,012 | ||||||
Royalty Pharma PLC, Class A | 6,464 | 198,703 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 111 |
Schedule of Investments (continued)
WisdomTree U.S. Efficient Core Fund (NTSX)
June 30, 2023
| Investments | Shares | Value | ||||||
Viatris, Inc. | 25,088 | $ | 250,378 | |||||
Zoetis, Inc. | 9,467 | 1,630,312 | ||||||
|
| |||||||
| Total Pharmaceuticals |
| 31,646,484 | ||||||
| Professional Services – 0.7% |
| |||||||
Automatic Data Processing, Inc. | 8,188 | 1,799,641 | ||||||
Booz Allen Hamilton Holding Corp. | 2,473 | 275,987 | ||||||
Broadridge Financial Solutions, Inc. | 2,269 | 375,814 | ||||||
CoStar Group, Inc.* | 7,947 | 707,283 | ||||||
Equifax, Inc. | 2,097 | 493,424 | ||||||
Jacobs Solutions, Inc. | 2,290 | 272,258 | ||||||
Leidos Holdings, Inc. | 2,685 | 237,569 | ||||||
Paychex, Inc. | 6,237 | 697,733 | ||||||
Paycom Software, Inc. | 1,195 | 383,882 | ||||||
SS&C Technologies Holdings, Inc. | 5,157 | 312,514 | ||||||
Verisk Analytics, Inc. | 3,095 | 699,563 | ||||||
|
| |||||||
| Total Professional Services |
| 6,255,668 | ||||||
| Real Estate Management & Development – 0.1% |
| |||||||
CBRE Group, Inc., Class A* | 6,508 | 525,261 | ||||||
| Residential REITs – 0.3% |
| |||||||
AvalonBay Communities, Inc. | 2,162 | 409,202 | ||||||
Equity LifeStyle Properties, Inc. | 3,849 | 257,460 | ||||||
Equity Residential | 5,233 | 345,221 | ||||||
Essex Property Trust, Inc. | 1,422 | 333,174 | ||||||
Invitation Homes, Inc. | 9,144 | 314,554 | ||||||
Mid-America Apartment Communities, Inc. | 2,650 | 402,429 | ||||||
Sun Communities, Inc. | 1,893 | 246,961 | ||||||
UDR, Inc. | 7,020 | 301,579 | ||||||
|
| |||||||
| Total Residential REITs |
| 2,610,580 | ||||||
| Retail REITs – 0.2% |
| |||||||
Kimco Realty Corp. | 10,147 | 200,099 | ||||||
Realty Income Corp. | 13,505 | 807,464 | ||||||
Simon Property Group, Inc. | 6,578 | 759,627 | ||||||
|
| |||||||
| Total Retail REITs |
| 1,767,190 | ||||||
| Semiconductors & Semiconductor Equipment – 6.3% |
| |||||||
Advanced Micro Devices, Inc.* | 33,466 | 3,812,112 | ||||||
Analog Devices, Inc. | 10,750 | 2,094,207 | ||||||
Applied Materials, Inc. | 16,653 | 2,407,025 | ||||||
Broadcom, Inc. | 7,006 | 6,077,215 | ||||||
Enphase Energy, Inc.* | 2,642 | 442,482 | ||||||
Entegris, Inc. | 2,447 | 271,177 | ||||||
First Solar, Inc.* | 2,091 | 397,478 | ||||||
Intel Corp. | 82,901 | 2,772,209 | ||||||
KLA Corp. | 2,805 | 1,360,481 | ||||||
Lam Research Corp. | 2,648 | 1,702,293 | ||||||
Marvell Technology, Inc. | 15,661 | 936,215 | ||||||
Microchip Technology, Inc. | 11,146 | 998,570 | ||||||
Micron Technology, Inc. | 20,208 | 1,275,327 | ||||||
Monolithic Power Systems, Inc. | 837 | 452,173 | ||||||
NVIDIA Corp. | 49,440 | 20,914,109 | ||||||
ON Semiconductor Corp.* | 7,692 | 727,509 | ||||||
QUALCOMM, Inc. | 21,982 | 2,616,737 | ||||||
Skyworks Solutions, Inc. | 3,398 | 376,125 | ||||||
SolarEdge Technologies, Inc.* | 1,124 | 302,412 | ||||||
Teradyne, Inc. | 2,667 | 296,917 | ||||||
Texas Instruments, Inc. | 18,056 | 3,250,441 | ||||||
|
| |||||||
| Total Semiconductors & Semiconductor Equipment |
| 53,483,214 | ||||||
| Software – 10.0% |
| |||||||
Adobe, Inc.* | 9,192 | 4,494,796 | ||||||
ANSYS, Inc.* | 1,721 | 568,395 | ||||||
Atlassian Corp., Class A* | 2,162 | 362,805 | ||||||
Autodesk, Inc.* | 4,486 | 917,880 | ||||||
Cadence Design Systems, Inc.* | 5,471 | 1,283,059 | ||||||
Crowdstrike Holdings, Inc., Class A* | 4,723 | 693,667 | ||||||
Datadog, Inc., Class A* | 6,478 | 637,306 | ||||||
DocuSign, Inc.* | 4,431 | 226,380 | ||||||
Fair Isaac Corp.* | 470 | 380,329 | ||||||
Fortinet, Inc.* | 13,311 | 1,006,179 | ||||||
HubSpot, Inc.* | 945 | 502,825 | ||||||
Intuit, Inc. | 5,513 | 2,526,001 | ||||||
Microsoft Corp. | 156,400 | 53,260,456 | ||||||
Oracle Corp. | 32,935 | 3,922,229 | ||||||
Palantir Technologies, Inc., Class A* | 40,228 | 616,695 | ||||||
Palo Alto Networks, Inc.* | 6,401 | 1,635,520 | ||||||
PTC, Inc.* | 2,107 | 299,826 | ||||||
Roper Technologies, Inc. | 1,934 | 929,867 | ||||||
Salesforce, Inc.* | 21,127 | 4,463,290 | ||||||
ServiceNow, Inc.* | 4,008 | 2,252,376 | ||||||
Splunk, Inc.* | 3,138 | 332,910 | ||||||
Synopsys, Inc.* | 3,036 | 1,321,905 | ||||||
Tyler Technologies, Inc.* | 886 | 368,992 | ||||||
VMware, Inc., Class A* | 4,934 | 708,966 | ||||||
Workday, Inc., Class A* | 4,058 | 916,662 | ||||||
Zoom Video Communications, Inc., Class A* | 5,489 | 372,593 | ||||||
|
| |||||||
| Total Software |
| 85,001,909 | ||||||
| Specialized REITs – 1.0% |
| |||||||
American Tower Corp. | 9,837 | 1,907,788 | ||||||
Crown Castle, Inc. | 9,253 | 1,054,287 | ||||||
Digital Realty Trust, Inc. | 6,056 | 689,597 | ||||||
Equinix, Inc. | 1,837 | 1,440,098 | ||||||
Extra Space Storage, Inc. | 2,204 | 328,065 | ||||||
Gaming & Leisure Properties, Inc. | 4,914 | 238,132 | ||||||
Iron Mountain, Inc. | 5,594 | 317,851 | ||||||
Public Storage | 3,174 | 926,427 | ||||||
SBA Communications Corp. | 2,205 | 511,031 | ||||||
VICI Properties, Inc. | 18,054 | 567,437 | ||||||
Weyerhaeuser Co. | 12,381 | 414,887 | ||||||
|
| |||||||
| Total Specialized REITs |
| 8,395,600 | ||||||
| Specialty Retail – 1.8% |
| |||||||
AutoZone, Inc.* | 329 | 820,315 | ||||||
Best Buy Co., Inc. | 4,170 | 341,732 | ||||||
Home Depot, Inc. | 21,453 | 6,664,160 | ||||||
Lowe’s Cos., Inc. | 12,337 | 2,784,461 | ||||||
O’Reilly Automotive, Inc.* | 1,238 | 1,182,661 | ||||||
Ross Stores, Inc. | 6,151 | 689,712 | ||||||
TJX Cos., Inc. | 24,203 | 2,052,172 | ||||||
See Notes to Financial Statements.
| 112 | WisdomTree Trust |
Schedule of Investments (concluded)
WisdomTree U.S. Efficient Core Fund (NTSX)
June 30, 2023
| Investments | Shares | Value | ||||||
Tractor Supply Co. | 2,303 | $ | 509,193 | |||||
Ulta Beauty, Inc.* | 991 | 466,360 | ||||||
|
| |||||||
| Total Specialty Retail |
| 15,510,766 | ||||||
| Technology Hardware, Storage & Peripherals – 7.3% |
| |||||||
Apple, Inc. | 312,980 | 60,708,731 | ||||||
Hewlett Packard Enterprise Co. | 26,983 | 453,314 | ||||||
HP, Inc. | 17,952 | 551,306 | ||||||
NetApp, Inc. | 2,746 | 209,794 | ||||||
|
| |||||||
| Total Technology Hardware, Storage & Peripherals |
| 61,923,145 | ||||||
| Textiles, Apparel & Luxury Goods – 0.4% |
| |||||||
Lululemon Athletica, Inc.* | 2,192 | 829,672 | ||||||
NIKE, Inc., Class B | 25,601 | 2,825,582 | ||||||
|
| |||||||
| Total Textiles, Apparel & Luxury Goods |
| 3,655,254 | ||||||
| Tobacco – 0.5% |
| |||||||
Altria Group, Inc. | 35,511 | 1,608,648 | ||||||
Philip Morris International, Inc. | 28,338 | 2,766,356 | ||||||
|
| |||||||
| Total Tobacco |
| 4,375,004 | ||||||
| Trading Companies & Distributors – 0.2% |
| |||||||
Fastenal Co. | 10,930 | 644,761 | ||||||
United Rentals, Inc. | 1,368 | 609,266 | ||||||
W.W. Grainger, Inc. | 933 | 735,754 | ||||||
|
| |||||||
| Total Trading Companies & Distributors |
| 1,989,781 | ||||||
| Water Utilities – 0.1% |
| |||||||
American Water Works Co., Inc. | 4,000 | 571,000 | ||||||
| Wireless Telecommunication Services – 0.2% |
| |||||||
T-Mobile US, Inc.* | 12,902 | 1,792,088 | ||||||
| Total United States |
| 774,502,751 | ||||||
| TOTAL INVESTMENTS IN SECURITIES – 91.3% (Cost: $717,185,738) |
| 778,687,384 | ||||||
Other Assets less Liabilities – 8.7% |
| 74,308,350 | ||||||
|
| |||||||
| NET ASSETS – 100.0% |
| $ | 852,995,734 | |||||
| * | Non-income producing security. |
| † | This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $0, which represents 0.0% of net assets. |
| FINANCIAL DERIVATIVE INSTRUMENTS | ||||||||||||||||
| FUTURES CONTRACTS (EXCHANGE-TRADED) | ||||||||||||||||
| Long Exposure | Contracts | Expiration Date | Notional Value | Unrealized Depreciation | ||||||||||||
2 Year U.S. Treasury Note | 479 | 9/29/23 | $ | 97,401,656 | $ | (1,354,605 | ) | |||||||||
5 Year U.S. Treasury Note | 901 | 9/29/23 | 96,491,469 | (1,938,517 | ) | |||||||||||
10 Year U.S. Treasury Note | 859 | 9/20/23 | 96,436,172 | (1,819,864 | ) | |||||||||||
U.S. Treasury Long Bond | 767 | 9/20/23 | 97,337,094 | (251,377 | ) | |||||||||||
Ultra 10 Year U.S. Treasury Note | 818 | 9/20/23 | 96,881,875 | (1,195,068 | ) | |||||||||||
| $ | 484,548,266 | $ | (6,559,431 | ) | ||||||||||||
| FAIR VALUATION SUMMARY | ||||||||||||||||
The following is a summary of the fair valuations according to the inputs used as of June 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
| Quoted Prices in Active Markets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||||||||||
Assets: |
| |||||||||||||||
Investments in Securities | ||||||||||||||||
Common Stocks | ||||||||||||||||
Interactive Media & Services | $ | 41,563,768 | $ | — | $ | 0 | * | $ | 41,563,768 | |||||||
Other | 737,123,616 | — | — | 737,123,616 | ||||||||||||
Total Investments in Securities | $ | 778,687,384 | $ | — | $ | 0 | $ | 778,687,384 | ||||||||
Liabilities: |
| |||||||||||||||
Financial Derivative Instruments | ||||||||||||||||
Futures Contracts1 | $ | (6,559,431 | ) | $ | — | $ | — | $ | (6,559,431 | ) | ||||||
Total – Net | $ | 772,127,953 | $ | — | $ | 0 | $ | 772,127,953 | ||||||||
| * | Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. |
| 1 | Amount shown represents the unrealized appreciation (depreciation) on the financial instrument. |
See Notes to Financial Statements.
| WisdomTree Trust | 113 |
Schedule of Investments
WisdomTree Artificial Intelligence and Innovation Fund (WTAI)
June 30, 2023
| Investments | Shares | Value | ||||||
| COMMON STOCKS – 99.9% | ||||||||
| Australia – 1.2% |
| |||||||
| IT Services – 0.7% |
| |||||||
Appen Ltd.* | 528,831 | $ | 841,319 | |||||
| Software – 0.5% |
| |||||||
BrainChip Holdings Ltd.*(a) | 2,850,529 | 692,571 | ||||||
| Total Australia |
| 1,533,890 | ||||||
| Canada – 1.4% |
| |||||||
| Software – 1.4% |
| |||||||
Kinaxis, Inc.* | 11,684 | 1,671,476 | ||||||
| China – 2.7% |
| |||||||
| Automobile Components – 0.9% |
| |||||||
Nexteer Automotive Group Ltd. | 2,050,000 | 1,069,916 | ||||||
| Semiconductors & Semiconductor Equipment – 1.8% |
| |||||||
NXP Semiconductors NV | 10,915 | 2,234,082 | ||||||
| Total China |
| 3,303,998 | ||||||
| Germany – 1.9% |
| |||||||
| Semiconductors & Semiconductor Equipment – 1.9% |
| |||||||
Infineon Technologies AG | 57,144 | 2,355,673 | ||||||
| Israel – 2.4% |
| |||||||
| Automobile Components – 1.2% |
| |||||||
Mobileye Global, Inc., Class A* | 38,318 | 1,472,178 | ||||||
| Health Care Equipment & Supplies – 0.3% |
| |||||||
Nano-X Imaging Ltd.* | 24,978 | 386,909 | ||||||
| Technology Hardware, Storage & Peripherals – 0.9% |
| |||||||
Nano Dimension Ltd., ADR*(a) | 382,484 | 1,105,379 | ||||||
| Total Israel |
| 2,964,466 | ||||||
| Japan – 4.7% |
| |||||||
| Automobile Components – 1.2% |
| |||||||
Denso Corp. | 22,396 | 1,494,513 | ||||||
| Electronic Equipment, Instruments & Components – 1.1% |
| |||||||
Omron Corp. | 21,825 | 1,323,981 | ||||||
| Machinery – 1.1% |
| |||||||
FANUC Corp. | 39,815 | 1,386,163 | ||||||
| Software – 1.3% |
| |||||||
Appier Group, Inc.* | 133,100 | 1,610,627 | ||||||
| Total Japan |
| 5,815,284 | ||||||
| Netherlands – 1.9% |
| |||||||
| Semiconductors & Semiconductor Equipment – 1.9% |
| |||||||
ASML Holding NV, Registered shares | 3,147 | 2,280,788 | ||||||
| South Korea – 3.2% |
| |||||||
| Semiconductors & Semiconductor Equipment – 1.7% |
| |||||||
SK Hynix, Inc. | 23,738 | 2,075,375 | ||||||
| Technology Hardware, Storage & Peripherals – 1.5% |
| |||||||
Samsung Electronics Co. Ltd. | 32,855 | 1,800,274 | ||||||
| Total South Korea |
| 3,875,649 | ||||||
| Sweden – 0.9% |
| |||||||
| Electronic Equipment, Instruments & Components – 0.9% |
| |||||||
Hexagon AB, Class B | 91,863 | 1,129,013 | ||||||
| Switzerland – 2.0% |
| |||||||
| Semiconductors & Semiconductor Equipment – 2.0% |
| |||||||
STMicroelectronics NV | 50,239 | 2,497,453 | ||||||
| Taiwan – 4.3% |
| |||||||
| Semiconductors & Semiconductor Equipment – 4.3% |
| |||||||
Alchip Technologies Ltd. | 47,300 | 2,726,115 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 25,206 | 2,543,790 | ||||||
|
| |||||||
| Total Taiwan |
| 5,269,905 | ||||||
| United Kingdom – 0.6% |
| |||||||
| Biotechnology – 0.6% |
| |||||||
Exscientia PLC, ADR* | 122,724 | 726,526 | ||||||
| United States – 72.7% |
| |||||||
| Aerospace & Defense – 0.9% |
| |||||||
Lockheed Martin Corp. | 2,445 | 1,125,629 | ||||||
| Automobile Components – 0.9% |
| |||||||
Luminar Technologies, Inc.*(a) | 153,623 | 1,056,926 | ||||||
| Automobiles – 1.3% |
| |||||||
Tesla, Inc.* | 5,954 | 1,558,579 | ||||||
| Biotechnology – 0.7% |
| |||||||
Bioxcel Therapeutics, Inc.* | 48,265 | 321,445 | ||||||
Recursion Pharmaceuticals, Inc., Class A* | 79,159 | 591,318 | ||||||
| Total Biotechnology |
| 912,763 | ||||||
| Broadline Retail – 1.1% |
| |||||||
Amazon.com, Inc.* | 10,075 | 1,313,377 | ||||||
| Electrical Equipment – 0.4% |
| |||||||
Stem, Inc.*(a) | 77,439 | 442,951 | ||||||
| Electronic Equipment, Instruments & Components – 1.0% |
| |||||||
Cognex Corp. | 22,047 | 1,235,073 | ||||||
| Entertainment – 1.1% |
| |||||||
ROBLOX Corp., Class A* | 32,388 | 1,305,236 | ||||||
| Health Care Equipment & Supplies – 1.1% |
| |||||||
Intuitive Surgical, Inc.* | 4,155 | 1,420,761 | ||||||
| Insurance – 0.5% |
| |||||||
Lemonade, Inc.*(a) | 34,462 | 580,685 | ||||||
| Interactive Media & Services – 3.9% |
| |||||||
Alphabet, Inc., Class A* | 18,033 | 2,158,550 | ||||||
Meta Platforms, Inc., Class A* | 9,020 | 2,588,560 | ||||||
|
| |||||||
| Total Interactive Media & Services |
| 4,747,110 | ||||||
| IT Services – 2.3% |
| |||||||
Snowflake, Inc., Class A* | 6,033 | 1,061,687 | ||||||
Twilio, Inc., Class A* | 28,764 | 1,829,966 | ||||||
|
| |||||||
| Total IT Services |
| 2,891,653 | ||||||
| Life Sciences Tools & Services – 0.6% |
| |||||||
Illumina, Inc.* | 4,241 | 795,145 | ||||||
| Machinery – 2.2% |
| |||||||
Deere & Co. | 3,103 | 1,257,304 | ||||||
Symbotic, Inc.*(a) | 34,316 | 1,469,068 | ||||||
|
| |||||||
| Total Machinery |
| 2,726,372 | ||||||
See Notes to Financial Statements.
| 114 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Artificial Intelligence and Innovation Fund (WTAI)
June 30, 2023
| Investments | Shares | Value | ||||||
| Semiconductors & Semiconductor Equipment – 21.8% |
| |||||||
Advanced Micro Devices, Inc.* | 21,769 | $ | 2,479,707 | |||||
Ambarella, Inc.* | 27,052 | 2,263,441 | ||||||
Analog Devices, Inc. | 11,483 | 2,237,003 | ||||||
Ceva, Inc.* | 34,646 | 885,205 | ||||||
GLOBALFOUNDRIES, Inc.* | 31,729 | 2,049,059 | ||||||
Lattice Semiconductor Corp.* | 25,280 | 2,428,650 | ||||||
Micron Technology, Inc. | 31,725 | 2,002,165 | ||||||
NVIDIA Corp. | 7,321 | 3,096,929 | ||||||
ON Semiconductor Corp.* | 22,067 | 2,087,097 | ||||||
QUALCOMM, Inc. | 17,059 | 2,030,703 | ||||||
Synaptics, Inc.* | 20,864 | 1,781,368 | ||||||
Teradyne, Inc. | 18,577 | 2,068,177 | ||||||
Wolfspeed, Inc.*(a) | �� | 23,180 | 1,288,576 | |||||
|
| |||||||
| Total Semiconductors & Semiconductor Equipment |
| 26,698,080 | ||||||
| Software – 29.7% |
| |||||||
Altair Engineering, Inc., Class A* | 18,837 | 1,428,598 | ||||||
Alteryx, Inc., Class A* | 33,158 | 1,505,373 | ||||||
ANSYS, Inc.* | 5,796 | 1,914,245 | ||||||
Appian Corp., Class A* | 36,131 | 1,719,835 | ||||||
Autodesk, Inc.* | 4,706 | 962,895 | ||||||
C3.ai, Inc., Class A*(a) | 53,587 | 1,952,174 | ||||||
Cadence Design Systems, Inc.* | 10,179 | 2,387,179 | ||||||
Cerence, Inc.* | 82,194 | 2,402,531 | ||||||
Crowdstrike Holdings, Inc., Class A* | 9,019 | 1,324,620 | ||||||
CS Disco, Inc.*(a) | 106,056 | 871,780 | ||||||
Dynatrace, Inc.* | 32,904 | 1,693,569 | ||||||
Elastic NV* | 19,893 | 1,275,539 | ||||||
Microsoft Corp. | 6,831 | 2,326,229 | ||||||
Procore Technologies, Inc.* | 17,281 | 1,124,475 | ||||||
PROS Holdings, Inc.* | 57,389 | 1,767,581 | ||||||
PTC, Inc.* | 7,753 | 1,103,252 | ||||||
Samsara, Inc., Class A* | 67,007 | 1,856,764 | ||||||
SentinelOne, Inc., Class A*(a) | 67,487 | 1,019,054 | ||||||
ServiceNow, Inc.* | 3,478 | 1,954,532 | ||||||
Synopsys, Inc.* | 5,669 | 2,468,339 | ||||||
UiPath, Inc., Class A* | 104,838 | 1,737,166 | ||||||
Unity Software, Inc.* | 29,807 | 1,294,220 | ||||||
Veritone, Inc.* | 99,558 | 390,267 | ||||||
|
| |||||||
| Total Software |
| 36,480,217 | ||||||
| Technology Hardware, Storage & Peripherals – 3.2% |
| |||||||
Apple, Inc. | 7,500 | 1,454,775 | ||||||
IonQ, Inc.* | 179,206 | 2,424,657 | ||||||
|
| |||||||
| Total Technology Hardware, Storage & Peripherals |
| 3,879,432 | ||||||
| Total United States |
| 89,169,989 | ||||||
| TOTAL COMMON STOCKS (Cost: $118,257,980) |
| 122,594,110 | ||||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.4% |
| |||||||
| United States – 3.4% |
| |||||||
State Street Navigator Securities Lending Government Money Market Portfolio, 5.11%(b) | ||||||||
| (Cost: $4,153,686) | 4,153,686 | 4,153,686 | ||||||
| TOTAL INVESTMENTS IN SECURITIES – 103.3% (Cost: $122,411,666) |
| 126,747,796 | ||||||
Other Assets less Liabilities – (3.3)% |
| (4,074,306 | ) | |||||
|
| |||||||
| NET ASSETS – 100.0% |
| $ | 122,673,490 | |||||
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at June 30, 2023 (See Note 2). At June 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $6,238,651 and the total market value of the collateral held by the Fund was $6,428,137. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $2,274,451. |
| (b) | Rate shown represents annualized 7-day yield as of June 30, 2023. |
| FINANCIAL DERIVATIVE INSTRUMENTS | ||||||||||||||||||||||||||||
| FOREIGN CURRENCY CONTRACTS (OTC — OVER THE COUNTER) | ||||||||||||||||||||||||||||
| Counterparty | Settlement Date | Amount and Description of Currency to be Purchased | Amount and Description of Currency to be Sold | Unrealized Appreciation | Unrealized Depreciation | |||||||||||||||||||||||
Bank of America NA | 7/3/2023 | 18,016 | USD | 2,600,000 | JPY | $ | 28 | $ | — | |||||||||||||||||||
Bank of Montreal | 7/3/2023 | 580,320 | HKD | 74,045 | USD | 8 | — | |||||||||||||||||||||
Bank of Montreal | 7/3/2023 | 322,400 | HKD | 41,136 | USD | 4 | — | |||||||||||||||||||||
Bank of Montreal | 7/4/2023 | 1,000 | CAD | 108,957 | JPY | 2 | — | |||||||||||||||||||||
Deutsche Bank AG | 7/4/2023 | 90,000 | AUD | 8,653,473 | JPY | 37 | — | |||||||||||||||||||||
JP Morgan Chase Bank NA | 7/3/2023 | 35,600 | HKD | 657,851 | JPY | — | (9 | ) | ||||||||||||||||||||
JP Morgan Chase Bank NA | 7/3/2023 | 181,924 | USD | 167,000 | EUR | — | (273 | ) | ||||||||||||||||||||
State Street Bank and Trust | 7/3/2023 | 12,500,000 | TWD | 401,568 | USD | — | (213 | ) | ||||||||||||||||||||
| $ | 79 | $ | (495 | ) | ||||||||||||||||||||||||
See Notes to Financial Statements.
| WisdomTree Trust | 115 |
Schedule of Investments (concluded)
WisdomTree Artificial Intelligence and Innovation Fund (WTAI)
June 30, 2023
| FAIR VALUATION SUMMARY | ||||||||
The following is a summary of the fair valuations according to the inputs used as of June 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
Quoted Prices in Active Markets | Other Significant | Significant Unobservable Inputs (Level 3) | Total | |||||||||||||
Assets: |
| |||||||||||||||
Investments in Securities | ||||||||||||||||
Common Stocks | $ | 122,594,110 | $ | — | $ | — | $ | 122,594,110 | ||||||||
Investment of Cash Collateral for Securities Loaned | — | 4,153,686 | — | 4,153,686 | ||||||||||||
Total Investments in Securities | $ | 122,594,110 | $ | 4,153,686 | $ | — | $ | 126,747,796 | ||||||||
Financial Derivative Instruments | ||||||||||||||||
Foreign Currency Contracts1 | $ | — | $ | 79 | $ | — | $ | 79 | ||||||||
Liabilities: |
| |||||||||||||||
Financial Derivative Instruments | ||||||||||||||||
Foreign Currency Contracts1 | $ | — | $ | (495 | ) | $ | — | $ | (495 | ) | ||||||
Total – Net | $ | 122,594,110 | $ | 4,153,270 | $ | — | $ | 126,747,380 | ||||||||
| 1 | Amount shown represents the unrealized appreciation (depreciation) on the financial instrument. |
See Notes to Financial Statements.
| 116 | WisdomTree Trust |
Schedule of Investments
WisdomTree Battery Value Chain and Innovation Fund (WBAT)
June 30, 2023
| Investments | Shares | Value | ||||||
| COMMON STOCKS – 99.8% | ||||||||
| Australia – 3.9% | ||||||||
| Metals & Mining – 3.9% | ||||||||
Allkem Ltd.* | 3,913 | $ | 41,727 | |||||
Argosy Minerals Ltd.*(a) | 70,490 | 18,300 | ||||||
IGO Ltd. | 1,309 | 13,244 | ||||||
Mincor Resources NL* | 13,643 | 12,714 | ||||||
Mineral Resources Ltd. | 774 | 36,802 | ||||||
Pilbara Minerals Ltd. | 12,089 | 39,350 | ||||||
Syrah Resources Ltd.* | 68,332 | 41,164 | ||||||
| Total Australia | 203,301 | |||||||
| Belgium – 0.5% | ||||||||
| Chemicals – 0.5% | ||||||||
Umicore SA | 903 | 25,211 | ||||||
| Brazil – 0.8% | ||||||||
| Metals & Mining – 0.8% | ||||||||
Sigma Lithium Corp.* | 975 | 39,293 | ||||||
| Canada – 2.7% | ||||||||
| Commercial Services & Supplies – 0.5% | ||||||||
Li-Cycle Holdings Corp.*(a) | 4,749 | 26,357 | ||||||
| Electrical Equipment – 2.2% | ||||||||
Ballard Power Systems, Inc.*(a) | 26,290 | 114,624 | ||||||
| Total Canada | 140,981 | |||||||
| Chile – 0.5% | ||||||||
| Chemicals – 0.5% | ||||||||
Sociedad Quimica y Minera de Chile SA, ADR | 340 | 24,691 | ||||||
| China – 23.4% | ||||||||
| Automobiles – 0.1% | ||||||||
BYD Co. Ltd., Class A | 200 | 7,100 | ||||||
| Chemicals – 8.4% | ||||||||
Do-Fluoride New Materials Co. Ltd., Class A | 11,180 | 30,521 | ||||||
Ganfeng Lithium Group Co. Ltd., Class A | 1,700 | 14,245 | ||||||
Guangzhou Tinci Materials Technology Co. Ltd., Class A | 5,700 | 32,273 | ||||||
Guizhou Red Star Developing Co. Ltd., Class A | 3,700 | 7,339 | ||||||
Hunan Changyuan Lico Co. Ltd., Class A | 23,644 | 36,629 | ||||||
Ningbo Shanshan Co. Ltd., Class A | 7,000 | 14,568 | ||||||
Shanghai Putailai New Energy Technology Co. Ltd., Class A | 4,605 | 24,194 | ||||||
Shenzhen Capchem Technology Co. Ltd., Class A | 4,640 | 33,096 | ||||||
Shenzhen Dynanonic Co. Ltd., Class A | 2,080 | 31,517 | ||||||
Shenzhen Senior Technology Material Co. Ltd., Class A | 11,600 | 27,410 | ||||||
Shinghwa Advanced Material Group Co. Ltd., Class A | 3,200 | 26,063 | ||||||
Sichuan Yahua Industrial Group Co. Ltd., Class A | 3,800 | 9,287 | ||||||
Tianqi Lithium Corp., Class A | 2,300 | 22,103 | ||||||
Wanhua Chemical Group Co. Ltd., Class A | 800 | 9,660 | ||||||
Xiangtan Electrochemical Scientific Co. Ltd., Class A* | 42,200 | 73,149 | ||||||
Yunnan Energy New Material Co. Ltd., Class A* | 2,000 | 26,489 | ||||||
Zangge Mining Co. Ltd., Class A | 3,100 | 9,618 | ||||||
Zhejiang Yongtai Technology Co. Ltd., Class A | 4,500 | 9,458 | ||||||
|
| |||||||
| Total Chemicals | 437,619 | |||||||
| Construction & Engineering – 0.4% | ||||||||
China Energy Engineering Corp. Ltd., Class H(a) | 164,000 | 20,090 | ||||||
| Electrical Equipment – 10.0% | ||||||||
Beijing Easpring Material Technology Co. Ltd., Class A | 5,000 | 34,592 | ||||||
Camel Group Co. Ltd., Class A | 48,300 | 61,613 | ||||||
Contemporary Amperex Technology Co. Ltd., Class A | 540 | 16,983 | ||||||
Eve Energy Co. Ltd., Class A | 1,700 | 14,138 | ||||||
Fangda Carbon New Material Co. Ltd., Class A* | 9,800 | 8,352 | ||||||
Farasis Energy Gan Zhou Co. Ltd., Class A* | 5,482 | 16,269 | ||||||
Gotion High-tech Co. Ltd., Class A* | 7,200 | 27,336 | ||||||
Guangzhou Great Power Energy & Technology Co. Ltd., Class A* | 2,200 | 14,528 | ||||||
Guangzhou Zhiguang Electric Co. Ltd., Class A* | 8,300 | 9,458 | ||||||
Jiangsu Zhongtian Technology Co. Ltd., Class A | 9,900 | 21,651 | ||||||
Jiangxi Special Electric Motor Co. Ltd., Class A* | 5,800 | 9,504 | ||||||
NARI Technology Co. Ltd., Class A | 11,304 | 35,894 | ||||||
Ningbo Ronbay New Energy Technology Co. Ltd., Class A | 3,151 | 23,398 | ||||||
Qingdao TGOOD Electric Co. Ltd., Class A* | 24,400 | 69,697 | ||||||
Shenzhen Clou Electronics Co. Ltd., Class A* | 16,300 | 16,424 | ||||||
Sungrow Power Supply Co. Ltd., Class A | 2,100 | 33,667 | ||||||
Sunwoda Electronic Co. Ltd., Class A | 7,300 | 16,377 | ||||||
Zhejiang Narada Power Source Co. Ltd., Class A* | 34,600 | 92,079 | ||||||
|
| |||||||
| Total Electrical Equipment | 521,960 | |||||||
| Energy Equipment & Services – 0.2% | ||||||||
Cangzhou Mingzhu Plastic Co. Ltd., Class A | 14,600 | 9,091 | ||||||
| Industrial Conglomerates – 0.3% | ||||||||
China Baoan Group Co. Ltd., Class A | 10,000 | 16,592 | ||||||
| Metals & Mining – 4.0% | ||||||||
Baotailong New Materials Co. Ltd., Class A* | 17,000 | 8,389 | ||||||
GEM Co. Ltd., Class A* | 116,800 | 110,943 | ||||||
Nanjing Hanrui Cobalt Co. Ltd., Class A | 6,100 | 27,176 | ||||||
Tibet Mineral Development Co., Class A* | 3,300 | 13,441 | ||||||
Xiamen Tungsten Co. Ltd., Class A | 5,100 | 13,341 | ||||||
Youngy Co. Ltd., Class A | 1,400 | 12,861 | ||||||
Zhejiang Huayou Cobalt Co. Ltd., Class A | 3,300 | 20,826 | ||||||
|
| |||||||
| Total Metals & Mining | 206,977 | |||||||
| Total China | 1,219,429 | |||||||
| Finland – 2.4% | ||||||||
| Machinery – 2.4% | ||||||||
Wartsila Oyj Abp | 11,232 | 126,401 | ||||||
| France – 2.1% | ||||||||
| Aerospace & Defense – 0.9% | ||||||||
Airbus SE | 329 | 47,509 | ||||||
| Automobiles – 0.3% | ||||||||
Renault SA | 420 | 17,678 | ||||||
| Construction Materials – 0.3% | ||||||||
Imerys SA | 326 | 12,697 | ||||||
| Electrical Equipment – 0.4% | ||||||||
Schneider Electric SE | 113 | 20,522 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 117 |
Schedule of Investments (continued)
WisdomTree Battery Value Chain and Innovation Fund (WBAT)
June 30, 2023
| Investments | Shares | Value | ||||||
| Independent Power & Renewable Electricity Producers – 0.2% |
| |||||||
Neoen SA(b) | 378 | $ | 11,960 | |||||
| Total France | 110,366 | |||||||
| Germany – 7.2% | ||||||||
| Automobiles – 1.9% | ||||||||
Bayerische Motoren Werke AG | 721 | 88,509 | ||||||
Mercedes-Benz Group AG | 160 | 12,860 | ||||||
|
| |||||||
| Total Automobiles | 101,369 | |||||||
| Electrical Equipment – 0.3% | ||||||||
Siemens Energy AG* | 879 | 15,517 | ||||||
| Industrial Conglomerates – 1.0% | ||||||||
Siemens AG, Registered Shares | 307 | 51,091 | ||||||
| Metals & Mining – 0.4% | ||||||||
Aurubis AG | 236 | 20,222 | ||||||
| Multi-Utilities – 3.0% | ||||||||
E.ON SE | 12,170 | 155,081 | ||||||
| Semiconductors & Semiconductor Equipment – 0.6% |
| |||||||
SMA Solar Technology AG* | 251 | 30,643 | ||||||
| Total Germany | 373,923 | |||||||
| Indonesia – 1.0% | ||||||||
| Metals & Mining – 1.0% | ||||||||
Nickel Industries Ltd. | 21,128 | 12,447 | ||||||
Vale Indonesia Tbk PT | 96,700 | 40,634 | ||||||
| Total Indonesia | 53,081 | |||||||
| Japan – 11.5% | ||||||||
| Automobile Components – 0.4% | ||||||||
Denso Corp. | 300 | 20,019 | ||||||
| Automobiles – 0.5% | ||||||||
Honda Motor Co. Ltd., ADR | 413 | 12,518 | ||||||
Toyota Motor Corp. | 800 | 12,778 | ||||||
|
| |||||||
| Total Automobiles | 25,296 | |||||||
| Building Products – 0.3% | ||||||||
Central Glass Co. Ltd. | 800 | 17,048 | ||||||
| Chemicals – 2.3% | ||||||||
Asahi Kasei Corp. | 2,100 | 14,123 | ||||||
Resonac Holdings Corp. | 800 | 12,874 | ||||||
Teijin Ltd. | 1,400 | 13,963 | ||||||
Tokai Carbon Co. Ltd. | 1,400 | 12,766 | ||||||
UBE Corp. | 1,000 | 17,093 | ||||||
W-Scope Corp.* | 5,400 | 48,644 | ||||||
|
| |||||||
| Total Chemicals | 119,463 | |||||||
| Construction & Engineering – 0.2% | ||||||||
Shimizu Corp. | 1,900 | 11,966 | ||||||
| Electrical Equipment – 1.3% | ||||||||
GS Yuasa Corp. | 2,600 | 50,530 | ||||||
Nippon Carbon Co. Ltd. | 600 | 18,037 | ||||||
|
| |||||||
| Total Electrical Equipment | 68,567 | |||||||
| Electronic Equipment, Instruments & Components – 1.5% |
| |||||||
TDK Corp. | 2,100 | 80,885 | ||||||
| Household Durables – 1.3% | ||||||||
Panasonic Holdings Corp. | 5,500 | 66,726 | ||||||
| Machinery – 2.0% | ||||||||
Mitsubishi Heavy Industries Ltd. | 2,200 | 102,150 | ||||||
| Metals & Mining – 1.4% | ||||||||
Pacific Metals Co. Ltd.* | 1,100 | 11,561 | ||||||
Sumitomo Metal Mining Co. Ltd. | 1,900 | 60,877 | ||||||
|
| |||||||
| Total Metals & Mining | 72,438 | |||||||
| Oil, Gas & Consumable Fuels – 0.3% | ||||||||
ENEOS Holdings, Inc. | 4,900 | 16,761 | ||||||
| Total Japan | 601,319 | |||||||
| Netherlands – 2.4% | ||||||||
| Electrical Equipment – 1.8% | ||||||||
Alfen NV*(a)(b) | 1,405 | 94,393 | ||||||
| Metals & Mining – 0.6% | ||||||||
AMG Critical Materials NV | 628 | 32,538 | ||||||
| Total Netherlands | 126,931 | |||||||
| Norway – 1.3% | ||||||||
| Electrical Equipment – 1.3% | ||||||||
NEL ASA* | 55,709 | 65,466 | ||||||
| Russia – 0.0% | ||||||||
| Metals & Mining – 0.0% | ||||||||
MMC Norilsk Nickel PJSC*† | 34 | 0 | ||||||
MMC Norilsk Nickel PJSC, ADR*† | 2 | 0 | ||||||
| Total Russia | 0 | |||||||
| South Korea – 9.3% | ||||||||
| Automobiles – 0.2% | ||||||||
Hyundai Motor Co. | 74 | 11,597 | ||||||
| Chemicals – 0.7% | ||||||||
LG Chem Ltd. | 34 | 17,211 | ||||||
Soulbrain Co. Ltd. | 103 | 19,621 | ||||||
|
| |||||||
| Total Chemicals | 36,832 | |||||||
| Commercial Services & Supplies – 1.3% | ||||||||
Sungeel Hitech Co. Ltd.* | 660 | 67,620 | ||||||
| Construction & Engineering – 0.2% | ||||||||
Hyundai Engineering & Construction Co. Ltd. | 397 | 11,479 | ||||||
| Construction Materials – 0.9% | ||||||||
POSCO Future M Co. Ltd. | 174 | 46,615 | ||||||
| Electrical Equipment – 4.1% | ||||||||
Doosan Fuel Cell Co. Ltd.* | 5,202 | 113,306 | ||||||
Ecopro BM Co. Ltd. | 275 | 51,967 | ||||||
LG Energy Solution Ltd.* | 64 | 26,860 | ||||||
LS Electric Co. Ltd. | 361 | 21,726 | ||||||
|
| |||||||
| Total Electrical Equipment | 213,859 | |||||||
| Electronic Equipment, Instruments & Components – 0.5% |
| |||||||
Samsung SDI Co. Ltd. | 53 | 26,909 | ||||||
| Metals & Mining – 0.3% | ||||||||
POSCO Holdings, Inc. | 56 | 16,490 | ||||||
See Notes to Financial Statements.
| 118 | WisdomTree Trust |
Schedule of Investments (continued)
WisdomTree Battery Value Chain and Innovation Fund (WBAT)
June 30, 2023
| Investments | Shares | Value | ||||||
| Technology Hardware, Storage & Peripherals – 1.1% |
| |||||||
CosmoAM&T Co. Ltd.* | 389 | $ | 55,148 | |||||
| Total South Korea | 486,549 | |||||||
| Sweden – 0.6% | ||||||||
| Electrical Equipment – 0.6% | ||||||||
PowerCell Sweden AB*(a) | 3,860 | 29,997 | ||||||
| Switzerland – 0.4% | ||||||||
| Electronic Equipment, Instruments & Components – 0.4% |
| |||||||
Landis & Gyr Group AG* | 240 | 20,603 | ||||||
| Taiwan – 1.2% | ||||||||
| Electronic Equipment, Instruments & Components – 1.2% |
| |||||||
Delta Electronics, Inc. | 2,000 | 22,123 | ||||||
Simplo Technology Co. Ltd. | 4,000 | 42,190 | ||||||
| Total Taiwan | 64,313 | |||||||
| United Kingdom – 1.8% | ||||||||
| Aerospace & Defense – 1.8% | ||||||||
Rolls-Royce Holdings PLC* | 49,182 | 94,448 | ||||||
| United States – 26.8% | ||||||||
| Aerospace & Defense – 3.8% | ||||||||
Archer Aviation, Inc., Class A* | 24,751 | 101,974 | ||||||
Boeing Co.* | 388 | 81,930 | ||||||
Lockheed Martin Corp. | 35 | 16,114 | ||||||
| �� | |||||||
| Total Aerospace & Defense | 200,018 | |||||||
| Automobile Components – 0.4% | ||||||||
Aptiv PLC* | 200 | 20,418 | ||||||
| Automobiles – 0.3% | ||||||||
General Motors Co. | 467 | 18,008 | ||||||
| Chemicals – 1.8% | ||||||||
Albemarle Corp. | 124 | 27,663 | ||||||
Livent Corp.*(a) | 2,334 | 64,022 | ||||||
|
| |||||||
| Total Chemicals | 91,685 | |||||||
| Construction & Engineering – 0.3% | ||||||||
Primoris Services Corp. | 479 | 14,595 | ||||||
| Electrical Equipment – 9.5% | ||||||||
Blink Charging Co.*(a) | 26,355 | 157,867 | ||||||
Bloom Energy Corp., Class A* | 9,023 | 147,526 | ||||||
EnerSys | 564 | 61,205 | ||||||
FuelCell Energy, Inc.*(a) | 51,477 | 111,190 | ||||||
GrafTech International Ltd. | 3,425 | 17,262 | ||||||
|
| |||||||
| Total Electrical Equipment | 495,050 | |||||||
| Electronic Equipment, Instruments & Components – 1.3% |
| |||||||
Amphenol Corp., Class A | 246 | 20,898 | ||||||
Belden, Inc. | 222 | 21,234 | ||||||
TE Connectivity Ltd. | 167 | 23,407 | ||||||
|
| |||||||
| Total Electronic Equipment, Instruments & Components |
| 65,539 | ||||||
| Machinery – 0.4% | ||||||||
Microvast Holdings, Inc.*(a) | 13,319 | 21,310 | ||||||
| Metals & Mining – 2.0% | ||||||||
Ivanhoe Electric, Inc.*(a) | 3,655 | 47,661 | ||||||
Piedmont Lithium, Inc.* | 1,014 | 58,518 | ||||||
|
| |||||||
| Total Metals & Mining | 106,179 | |||||||
| Passenger Airlines – 5.0% | ||||||||
Joby Aviation, Inc.* | 25,575 | 262,399 | ||||||
| Semiconductors & Semiconductor Equipment – 1.5% |
| |||||||
Analog Devices, Inc. | 102 | 19,870 | ||||||
Microchip Technology, Inc. | 229 | 20,516 | ||||||
SolarEdge Technologies, Inc.* | 135 | 36,322 | ||||||
|
| |||||||
| Total Semiconductors & Semiconductor Equipment | 76,708 | |||||||
| Software – 0.5% | ||||||||
C3.ai, Inc., Class A*(a) | 737 | 26,849 | ||||||
| Total United States | 1,398,758 | |||||||
| TOTAL COMMON STOCKS (Cost: $5,235,369) |
| 5,205,061 | ||||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 9.7% |
| |||||||
| United States – 9.7% | ||||||||
State Street Navigator Securities Lending | ||||||||
| (Cost: $505,678) | 505,678 | 505,678 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 109.5% (Cost: $5,741,047) | 5,710,739 | |||||||
Other Assets less Liabilities – (9.5)% | (493,592 | ) | ||||||
|
| |||||||
| NET ASSETS – 100.0% | $ | 5,217,147 | ||||||
| * | Non-income producing security. |
| † | This security is being fair valued using significant unobservable inputs (i.e., Level 3 on the fair value hierarchy) by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. The aggregate value of Level 3 fair valued securities is $0, which represents 0.0% of net assets. |
| (a) | Security, or portion thereof, was on loan at June 30, 2023 (See Note 2). At June 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $556,614 and the total market value of the collateral held by the Fund was $582,160. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $76,482. |
| (b) | This security is exempt from registration under rule 144A of the Securities Act of 1933. This security may be sold in transactions that are exempt from registration, normally to qualified institutional buyers. |
| (c) | Rate shown represents annualized 7-day yield as of June 30, 2023. |
See Notes to Financial Statements.
| WisdomTree Trust | 119 |
Schedule of Investments (concluded)
WisdomTree Battery Value Chain and Innovation Fund (WBAT)
June 30, 2023
| FINANCIAL DERIVATIVE INSTRUMENTS | ||||||||||||||||||||||||||||
| FOREIGN CURRENCY CONTRACTS (OTC – OVER THE COUNTER) | ||||||||||||||||||||||||||||
| Counterparty | Settlement Date | Amount and Description of Currency to be Purchased | Amount and Description of Currency to be Sold | Unrealized Appreciation | Unrealized Depreciation | |||||||||||||||||||||||
Bank of Montreal | 7/3/2023 | 3,326 | USD | 480,000 | JPY | $ | 5 | $ | — | |||||||||||||||||||
JP Morgan Chase Bank NA | 7/3/2023 | 2,477 | USD | 18,000 | CNH | 2 | — | |||||||||||||||||||||
Morgan Stanley & Co. International | 7/4/2023 | 150 | EUR | 146 | CHF | — | (0 | )^ | ||||||||||||||||||||
| $ | 7 | $ | (0 | )^ | ||||||||||||||||||||||||
| ^ | Amount represents less than $1. |
| FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of June 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
| Quoted Prices in Active Markets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||||||||||
Assets: | ||||||||||||||||
Investments in Securities | ||||||||||||||||
Common Stocks | ||||||||||||||||
Metals & Mining | $ | 750,519 | $ | — | $ | 0 | * | $ | 750,519 | |||||||
Other | 4,454,542 | — | — | 4,454,542 | ||||||||||||
Investment of Cash Collateral for Securities Loaned | — | 505,678 | — | 505,678 | ||||||||||||
Total Investments in Securities | $ | 5,205,061 | $ | 505,678 | $ | 0 | $ | 5,710,739 | ||||||||
Financial Derivative Instruments | ||||||||||||||||
Foreign Currency Contracts1 | $ | — | $ | 7 | $ | — | $ | 7 | ||||||||
Liabilities: | ||||||||||||||||
Financial Derivative Instruments | ||||||||||||||||
Foreign Currency Contracts1 | $ | — | $ | (0 | )^ | $ | — | $ | (0 | )^ | ||||||
Total – Net | $ | 5,205,061 | $ | 505,685 | $ | 0 | $ | 5,710,746 | ||||||||
| * | Fair valuations using significant unobservable inputs were determined by WisdomTree Asset Management, Inc., as valuation designee, in accordance with valuation procedures approved by the Board of Trustees of WisdomTree Trust. |
| ^ | Amount represents less than $1. |
| 1 | Amount shown represents the unrealized appreciation (depreciation) on the financial instrument. |
See Notes to Financial Statements.
| 120 | WisdomTree Trust |
Schedule of Investments
WisdomTree BioRevolution Fund (WDNA)
June 30, 2023
| Investments | Shares | Value | ||||||
| COMMON STOCKS – 99.8% | ||||||||
| Australia – 0.7% | ||||||||
| Chemicals – 0.7% | ||||||||
Nufarm Ltd. | 5,682 | $ | 19,252 | |||||
| Belgium – 1.0% | ||||||||
| Chemicals – 1.0% | ||||||||
Solvay SA | 263 | 29,353 | ||||||
| Canada – 0.9% | ||||||||
| Chemicals – 0.9% | ||||||||
Nutrien Ltd. | 418 | 24,683 | ||||||
| Denmark – 2.9% | ||||||||
| Biotechnology – 1.0% | ||||||||
Genmab A/S, ADR* | 742 | 28,203 | ||||||
| Chemicals – 1.9% | ||||||||
Chr Hansen Holding A/S | 410 | 28,451 | ||||||
Novozymes A/S, Class B | 548 | 25,526 | ||||||
|
| |||||||
| Total Chemicals | 53,977 | |||||||
| Total Denmark | 82,180 | |||||||
| Germany – 5.2% | ||||||||
| Biotechnology – 2.0% | ||||||||
BioNTech SE, ADR* | 235 | 25,364 | ||||||
CureVac NV* | 2,948 | 30,718 | ||||||
|
| |||||||
| Total Biotechnology | 56,082 | |||||||
| Life Sciences Tools & Services – 1.2% | ||||||||
Evotec SE* | 1,466 | 32,964 | ||||||
| Oil, Gas & Consumable Fuels – 1.1% | ||||||||
VERBIO Vereinigte BioEnergie AG | 740 | 29,750 | ||||||
| Pharmaceuticals – 0.9% | ||||||||
Bayer AG, Registered Shares | 449 | 24,821 | ||||||
| Total Germany | 143,617 | |||||||
| Japan – 1.5% | ||||||||
| Biotechnology – 0.5% | ||||||||
Takara Bio, Inc. | 1,200 | 13,683 | ||||||
| Pharmaceuticals – 1.0% | ||||||||
Takeda Pharmaceutical Co. Ltd. | 900 | 28,189 | ||||||
| Total Japan | 41,872 | |||||||
| Netherlands – 1.7% | ||||||||
| Biotechnology – 0.6% | ||||||||
uniQure NV* | 1,547 | 17,728 | ||||||
| Life Sciences Tools & Services – 1.1% | ||||||||
QIAGEN NV* | 656 | 29,540 | ||||||
| Total Netherlands | 47,268 | |||||||
| Sweden – 0.7% | ||||||||
| Biotechnology – 0.7% | ||||||||
Vitrolife AB | 992 | 19,231 | ||||||
| Switzerland – 2.4% | ||||||||
| Biotechnology – 1.2% | ||||||||
CRISPR Therapeutics AG*(a) | 598 | 33,572 | ||||||
| Pharmaceuticals – 1.2% | ||||||||
Novartis AG, Registered Shares | 320 | 32,191 | ||||||
| Total Switzerland | 65,763 | |||||||
| United Kingdom – 2.2% | ||||||||
| Biotechnology – 0.5% | ||||||||
Genus PLC | 475 | 13,080 | ||||||
| Life Sciences Tools & Services – 0.6% | ||||||||
Oxford Nanopore Technologies PLC* | 6,284 | 17,033 | ||||||
| Pharmaceuticals – 1.1% | ||||||||
AstraZeneca PLC, ADR | 420 | 30,060 | ||||||
| Total United Kingdom | 60,173 | |||||||
| United States – 80.6% | ||||||||
| Biotechnology – 46.2% | ||||||||
2seventy bio, Inc.* | 3,235 | 32,738 | ||||||
Agenus, Inc.* | 20,765 | 33,224 | ||||||
Agios Pharmaceuticals, Inc.* | 1,382 | 39,138 | ||||||
Allogene Therapeutics, Inc.* | 6,037 | 30,004 | ||||||
Alnylam Pharmaceuticals, Inc.* | 146 | 27,731 | ||||||
Amgen, Inc. | 124 | 27,530 | ||||||
Amicus Therapeutics, Inc.* | 2,628 | 33,008 | ||||||
Arcturus Therapeutics Holdings, Inc.* | 1,091 | 31,290 | ||||||
Arrowhead Pharmaceuticals, Inc.* | 987 | 35,196 | ||||||
Beam Therapeutics, Inc.* | 962 | 30,717 | ||||||
Biogen, Inc.* | 105 | 29,909 | ||||||
BioMarin Pharmaceutical, Inc.* | 304 | 26,351 | ||||||
Blueprint Medicines Corp.* | 645 | 40,764 | ||||||
Bridgebio Pharma, Inc.* | 2,040 | 35,088 | ||||||
Caribou Biosciences, Inc.* | 5,309 | 22,563 | ||||||
Editas Medicine, Inc.* | 3,970 | 32,673 | ||||||
Exact Sciences Corp.* | 451 | 42,349 | ||||||
Fate Therapeutics, Inc.* | 5,013 | 23,862 | ||||||
Geron Corp.* | 15,256 | 48,972 | ||||||
Gilead Sciences, Inc. | 365 | 28,131 | ||||||
Intellia Therapeutics, Inc.* | 788 | 32,135 | ||||||
Ionis Pharmaceuticals, Inc.* | 827 | 33,932 | ||||||
Iovance Biotherapeutics, Inc.* | 5,339 | 37,587 | ||||||
Mirati Therapeutics, Inc.* | 768 | 27,748 | ||||||
Moderna, Inc.* | 193 | 23,449 | ||||||
Myriad Genetics, Inc.* | 1,354 | 31,386 | ||||||
Natera, Inc.* | 585 | 28,466 | ||||||
Novavax, Inc.*(a) | 3,280 | 24,370 | ||||||
Precigen, Inc.*(a) | 9,740 | 11,201 | ||||||
Regeneron Pharmaceuticals, Inc.* | 37 | 26,586 | ||||||
REGENXBIO, Inc.* | 1,511 | 30,205 | ||||||
Sarepta Therapeutics, Inc.* | 244 | 27,943 | ||||||
Seagen, Inc.* | 145 | 27,907 | ||||||
Stoke Therapeutics, Inc.*(a) | 1,769 | 18,804 | ||||||
Twist Bioscience Corp.*(a) | 2,155 | 44,091 | ||||||
Ultragenyx Pharmaceutical, Inc.* | 790 | 36,443 | ||||||
United Therapeutics Corp.* | 135 | 29,801 | ||||||
Veracyte, Inc.* | 1,373 | 34,970 | ||||||
Vericel Corp.* | 1,016 | 38,171 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 121 |
Schedule of Investments (concluded)
WisdomTree BioRevolution Fund (WDNA)
June 30, 2023
| Investments | Shares | Value | ||||||
Vertex Pharmaceuticals, Inc.* | 92 | $ | 32,376 | |||||
Verve Therapeutics, Inc.* | 1,997 | 37,444 | ||||||
|
| |||||||
| Total Biotechnology | 1,286,253 | |||||||
| Chemicals – 7.8% | ||||||||
Amyris, Inc.*(a) | 30,911 | 31,838 | ||||||
Corteva, Inc. | 484 | 27,733 | ||||||
Dow, Inc. | 505 | 26,896 | ||||||
DuPont de Nemours, Inc. | 444 | 31,719 | ||||||
FMC Corp. | 247 | 25,772 | ||||||
Ginkgo Bioworks Holdings, Inc.*(a) | 23,158 | 43,074 | ||||||
Origin Materials, Inc.*(a) | 7,413 | 31,580 | ||||||
|
| |||||||
| Total Chemicals | 218,612 | |||||||
| Food Products – 4.4% | ||||||||
Archer-Daniels-Midland Co. | 367 | 27,731 | ||||||
Benson Hill, Inc.*(a) | 7,311 | 9,504 | ||||||
Beyond Meat, Inc.*(a) | 2,031 | 26,362 | ||||||
Darling Ingredients, Inc.* | 502 | 32,023 | ||||||
Tyson Foods, Inc., Class A | 521 | 26,592 | ||||||
|
| |||||||
| Total Food Products | 122,212 | |||||||
| Health Care Providers & Services – 3.1% | ||||||||
Invitae Corp.* | 21,970 | 24,826 | ||||||
Laboratory Corp. of America Holdings | 122 | 29,442 | ||||||
NeoGenomics, Inc.* | 1,964 | 31,562 | ||||||
|
| |||||||
| Total Health Care Providers & Services | 85,830 | |||||||
| Life Sciences Tools & Services – 10.2% | ||||||||
10X Genomics, Inc., Class A* | 557 | 31,103 | ||||||
Agilent Technologies, Inc. | 217 | 26,094 | ||||||
Bio-Rad Laboratories, Inc., Class A* | 57 | 21,610 | ||||||
Bio-Techne Corp. | 335 | 27,346 | ||||||
Danaher Corp. | 115 | 27,600 | ||||||
Illumina, Inc.* | 134 | 25,124 | ||||||
NanoString Technologies, Inc.* | 3,060 | 12,393 | ||||||
Pacific Biosciences of California, Inc.* | 2,684 | 35,697 | ||||||
Repligen Corp.* | 167 | 23,624 | ||||||
Revvity, Inc. | 208 | 24,708 | ||||||
Thermo Fisher Scientific, Inc. | 54 | 28,174 | ||||||
|
| |||||||
| Total Life Sciences Tools & Services | 283,473 | |||||||
| Oil, Gas & Consumable Fuels – 2.4% | ||||||||
Gevo, Inc.*(a) | 24,180 | 36,754 | ||||||
Green Plains, Inc.* | 917 | 29,564 | ||||||
|
| |||||||
| Total Oil, Gas & Consumable Fuels | 66,318 | |||||||
| Pharmaceuticals – 6.5% | ||||||||
Catalent, Inc.* | 652 | 28,271 | ||||||
Eli Lilly & Co. | 81 | 37,987 | ||||||
Johnson & Johnson | 185 | 30,621 | ||||||
Merck & Co., Inc. | 264 | 30,463 | ||||||
Pfizer, Inc. | 692 | 25,383 | ||||||
Zoetis, Inc. | 163 | 28,070 | ||||||
|
| |||||||
| Total Pharmaceuticals | 180,795 | |||||||
| Total United States | 2,243,493 | |||||||
| TOTAL COMMON STOCKS (Cost: $3,591,301) | 2,776,885 | |||||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 8.7% |
| |||||||
| United States – 8.7% | ||||||||
State Street Navigator Securities Lending |
| |||||||
| (Cost: $241,978) | 241,978 | 241,978 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 108.5% (Cost: $3,833,279) | 3,018,863 | |||||||
Other Assets less Liabilities – (8.5)% | (235,503 | ) | ||||||
|
| |||||||
| NET ASSETS – 100.0% | $ | 2,783,360 | ||||||
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at June 30, 2023 (See Note 2). At June 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $279,996 and the total market value of the collateral held by the Fund was $300,323. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $58,345. |
| (b) | Rate shown represents annualized 7-day yield as of June 30, 2023. |
| FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of June 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
| Quoted Prices in Active Markets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||||||||||
Assets: | ||||||||||||||||
Investments in Securities | ||||||||||||||||
Common Stocks | $ | 2,776,885 | $ | — | $ | — | $ | 2,776,885 | ||||||||
Investment of Cash Collateral for Securities Loaned | — | 241,978 | — | 241,978 | ||||||||||||
Total Investments in Securities | $ | 2,776,885 | $ | 241,978 | $ | — | $ | 3,018,863 | ||||||||
See Notes to Financial Statements.
| 122 | WisdomTree Trust |
Schedule of Investments
WisdomTree Cloud Computing Fund (WCLD)
June 30, 2023
| Investments | Shares | Value | ||||||
| COMMON STOCKS – 99.9% | ||||||||
| Canada – 2.0% | ||||||||
| IT Services – 2.0% | ||||||||
Shopify, Inc., Class A* | 219,138 | $ | 14,156,315 | |||||
| Israel – 2.9% | ||||||||
| IT Services – 1.3% | ||||||||
Wix.com Ltd.* | 111,903 | 8,755,291 | ||||||
| Software – 1.6% | ||||||||
JFrog Ltd.* | 414,572 | 11,483,644 | ||||||
| Total Israel | 20,238,935 | |||||||
| United States – 95.0% | ||||||||
| Diversified Consumer Services – 0.6% | ||||||||
2U, Inc.* | 1,015,346 | 4,091,844 | ||||||
| Financial Services – 5.5% | ||||||||
AvidXchange Holdings, Inc.* | 942,430 | 9,782,424 | ||||||
Block, Inc.* | 127,398 | 8,480,885 | ||||||
PayPal Holdings, Inc.* | 128,010 | 8,542,107 | ||||||
Toast, Inc., Class A*(a) | 490,584 | 11,072,481 | ||||||
|
| |||||||
| Total Financial Services | 37,877,897 | |||||||
| Health Care Technology – 2.8% | ||||||||
Definitive Healthcare Corp.*(a) | 778,132 | 8,559,452 | ||||||
Veeva Systems, Inc., Class A* | 56,055 | 11,083,755 | ||||||
|
| |||||||
| Total Health Care Technology | 19,643,207 | |||||||
| Interactive Media & Services – 2.8% | ||||||||
Vimeo, Inc.* | 2,330,267 | 9,600,700 | ||||||
ZoomInfo Technologies, Inc.* | 371,711 | 9,437,742 | ||||||
|
| |||||||
| Total Interactive Media & Services | 19,038,442 | |||||||
| IT Services – 14.3% | ||||||||
BigCommerce Holdings, Inc., Series 1*(a) | 860,058 | 8,557,577 | ||||||
Cloudflare, Inc., Class A* | 148,279 | 9,692,998 | ||||||
DigitalOcean Holdings, Inc.*(a) | 270,492 | 10,857,549 | ||||||
Fastly, Inc., Class A* | 601,032 | 9,478,275 | ||||||
MongoDB, Inc.* | 44,839 | 18,428,381 | ||||||
Okta, Inc.* | 129,126 | 8,954,888 | ||||||
Snowflake, Inc., Class A* | 62,025 | 10,915,159 | ||||||
Squarespace, Inc., Class A* | 411,543 | 12,980,066 | ||||||
Twilio, Inc., Class A* | 135,232 | 8,603,460 | ||||||
|
| |||||||
| Total IT Services | 98,468,353 | |||||||
| Professional Services – 2.7% | ||||||||
Paycom Software, Inc. | 31,450 | 10,102,998 | ||||||
Paylocity Holding Corp.* | 45,658 | 8,425,271 | ||||||
|
| |||||||
| Total Professional Services | 18,528,269 | |||||||
| Software – 66.3% | ||||||||
Adobe, Inc.* | 26,781 | 13,095,641 | ||||||
Amplitude, Inc., Class A* | 658,115 | 7,239,265 | ||||||
Appfolio, Inc., Class A* | 72,653 | 12,506,487 | ||||||
Asana, Inc., Class A* | 612,193 | 13,492,734 | ||||||
Atlassian Corp., Class A* | 56,697 | 9,514,324 | ||||||
Bills Holdings, Inc.* | 102,430 | 11,968,945 | ||||||
Blackline, Inc.* | 133,247 | 7,171,353 | ||||||
Box, Inc., Class A* | 291,890 | 8,575,728 | ||||||
Braze, Inc., Class A* | 306,975 | 13,442,435 | ||||||
C3.ai, Inc., Class A*(a) | 400,866 | 14,603,548 | ||||||
Clearwater Analytics Holdings, Inc., Class A*(a) | 499,744 | 7,930,937 | ||||||
Confluent, Inc., Class A* | 376,831 | 13,305,903 | ||||||
Crowdstrike Holdings, Inc., Class A* | 83,649 | 12,285,529 | ||||||
Datadog, Inc., Class A* | 119,473 | 11,753,754 | ||||||
DocuSign, Inc.* | 148,240 | 7,573,582 | ||||||
Dropbox, Inc., Class A* | 450,367 | 12,011,288 | ||||||
Elastic NV* | 158,225 | 10,145,387 | ||||||
Everbridge, Inc.* | 273,571 | 7,359,060 | ||||||
Five9, Inc.* | 118,820 | 9,796,709 | ||||||
Freshworks, Inc., Class A* | 606,346 | 10,659,563 | ||||||
Gitlab, Inc., Class A*(a) | 210,265 | 10,746,644 | ||||||
HubSpot, Inc.* | 23,617 | 12,566,369 | ||||||
Monday.com Ltd.* | 62,414 | 10,686,525 | ||||||
nCino, Inc.* | 334,127 | 10,063,905 | ||||||
New Relic, Inc.* | 126,593 | 8,284,246 | ||||||
Olo, Inc., Class A* | 1,173,860 | 7,583,136 | ||||||
PagerDuty, Inc.* | 313,435 | 7,046,019 | ||||||
Procore Technologies, Inc.* | 147,568 | 9,602,250 | ||||||
Q2 Holdings, Inc.* | 287,063 | 8,870,247 | ||||||
Qualys, Inc.* | 80,593 | 10,410,198 | ||||||
RingCentral, Inc., Class A* | 258,496 | 8,460,574 | ||||||
Salesforce, Inc.* | 57,861 | 12,223,715 | ||||||
SentinelOne, Inc., Class A* | 599,529 | 9,052,888 | ||||||
ServiceNow, Inc.* | 21,769 | 12,233,525 | ||||||
Smartsheet, Inc., Class A* | 220,549 | 8,438,205 | ||||||
Sprout Social, Inc., Class A* | 156,687 | 7,232,672 | ||||||
Tenable Holdings, Inc.* | 218,178 | 9,501,652 | ||||||
UiPath, Inc., Class A* | 614,971 | 10,190,069 | ||||||
Workday, Inc., Class A* | 51,439 | 11,619,556 | ||||||
Workiva, Inc.* | 108,295 | 11,009,270 | ||||||
Yext, Inc.* | 1,336,523 | 15,116,075 | ||||||
Zoom Video Communications, Inc., Class A* | 125,572 | 8,523,827 | ||||||
Zscaler, Inc.* | 72,208 | 10,564,030 | ||||||
Zuora, Inc., Class A* | 1,073,685 | 11,778,324 | ||||||
|
| |||||||
| Total Software | 456,236,093 | |||||||
| Total United States | 653,884,105 | |||||||
TOTAL COMMON STOCKS (Cost: $936,104,029) | 688,279,355 | |||||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 3.0% |
| |||||||
| United States – 3.0% | ||||||||
State Street Navigator Securities Lending |
| |||||||
| (Cost: $20,375,730) | 20,375,730 | 20,375,730 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 102.9% (Cost: $956,479,759) |
| 708,655,085 | ||||||
Other Assets less Liabilities – (2.9)% | (20,081,746 | ) | ||||||
|
| |||||||
| NET ASSETS – 100.0% | $ | 688,573,339 | ||||||
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at June 30, 2023 (See Note 2). At June 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $41,846,345 and the total market value of the collateral held by the Fund was $42,674,074. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $22,298,344. |
| (b) | Rate shown represents annualized 7-day yield as of June 30, 2023. |
See Notes to Financial Statements.
| WisdomTree Trust | 123 |
Schedule of Investments (concluded)
WisdomTree Cloud Computing Fund (WCLD)
June 30, 2023
| FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of June 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
| Quoted Prices in Active Markets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||||||||||
Assets: | ||||||||||||||||
Investments in Securities | ||||||||||||||||
Common Stocks | $ | 688,279,355 | $ | — | $ | — | $ | 688,279,355 | ||||||||
Investment of Cash Collateral for Securities Loaned | — | 20,375,730 | — | 20,375,730 | ||||||||||||
Total Investments in Securities | $ | 688,279,355 | $ | 20,375,730 | $ | — | $ | 708,655,085 | ||||||||
See Notes to Financial Statements.
| 124 | WisdomTree Trust |
Schedule of Investments
WisdomTree Cybersecurity Fund (WCBR)
June 30, 2023
| Investments | Shares | Value | ||||||
| COMMON STOCKS – 99.9% | ||||||||
| Canada – 0.5% | ||||||||
| Software – 0.5% | ||||||||
Absolute Software Corp.(a) | 15,246 | $ | 174,668 | |||||
| Israel – 0.6% | ||||||||
| Communications Equipment – 0.6% | ||||||||
Radware Ltd.* | 9,863 | 191,244 | ||||||
| Japan – 3.7% | ||||||||
| Software – 3.7% | ||||||||
Digital Arts, Inc. | 3,200 | 129,076 | ||||||
Trend Micro, Inc. | 21,900 | 1,052,309 | ||||||
| Total Japan | 1,181,385 | |||||||
| South Korea – 2.5% | ||||||||
| Software – 2.5% | ||||||||
Ahnlab, Inc. | 16,283 | 789,651 | ||||||
| United Kingdom – 3.2% | ||||||||
| Software – 3.2% | ||||||||
Darktrace PLC*(a) | 258,265 | 1,011,961 | ||||||
| United States – 89.4% | ||||||||
| IT Services – 17.4% | ||||||||
Akamai Technologies, Inc.* | 14,836 | 1,333,311 | ||||||
Cloudflare, Inc., Class A* | 26,861 | 1,755,903 | ||||||
Fastly, Inc., Class A* | 79,754 | 1,257,721 | ||||||
Okta, Inc.* | 17,514 | 1,214,596 | ||||||
|
| |||||||
| Total IT Services | 5,561,531 | |||||||
| Software – 72.0% | ||||||||
A10 Networks, Inc. | 45,772 | 667,814 | ||||||
Crowdstrike Holdings, Inc., Class A* | 11,855 | 1,741,144 | ||||||
CyberArk Software Ltd.* | 7,634 | 1,193,423 | ||||||
Datadog, Inc., Class A* | 21,787 | 2,143,405 | ||||||
Elastic NV* | 26,661 | 1,709,503 | ||||||
ForgeRock, Inc., Class A*(a) | 71,790 | 1,474,567 | ||||||
Fortinet, Inc.* | 24,158 | 1,826,103 | ||||||
HashiCorp, Inc., Class A* | 38,205 | 1,000,207 | ||||||
Palo Alto Networks, Inc.* | 7,641 | 1,952,352 | ||||||
Qualys, Inc.* | 9,057 | 1,169,893 | ||||||
Rapid7, Inc.* | 33,713 | 1,526,525 | ||||||
SentinelOne, Inc., Class A*(a) | 101,742 | 1,536,304 | ||||||
Splunk, Inc.* | 8,834 | 937,199 | ||||||
Tenable Holdings, Inc.* | 33,799 | 1,471,946 | ||||||
Varonis Systems, Inc.* | 43,751 | 1,165,964 | ||||||
Zscaler, Inc.* | 10,118 | 1,480,263 | ||||||
|
| |||||||
| Total Software | 22,996,612 | |||||||
| Total United States | 28,558,143 | |||||||
| TOTAL COMMON STOCKS (Cost: $39,680,326) | 31,907,052 | |||||||
| INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED – 2.9% |
| |||||||
| United States – 2.9% | ||||||||
State Street Navigator Securities Lending |
| |||||||
| (Cost: $916,851) | 916,851 | 916,851 | ||||||
TOTAL INVESTMENTS IN SECURITIES – 102.8% (Cost: $40,597,177) | 32,823,903 | |||||||
Other Assets less Liabilities – (2.8)% | (894,075 | ) | ||||||
|
| |||||||
| NET ASSETS – 100.0% | $ | 31,929,828 | ||||||
| * | Non-income producing security. |
| (a) | Security, or portion thereof, was on loan at June 30, 2023 (See Note 2). At June 30, 2023, the total market value of the Fund’s securities on loan identified in the Schedule of Investments was $2,535,884 and the total market value of the collateral held by the Fund was $2,623,698. The total market value of the collateral includes non-cash U.S. Government securities collateral having a value of $1,706,847. |
| (b) | Rate shown represents annualized 7-day yield as of June 30, 2023. |
| FAIR VALUATION SUMMARY |
The following is a summary of the fair valuations according to the inputs used as of June 30, 2023 in valuing the Fund’s investments (See Note 2 — Fair Value Measurement):
| Quoted Prices in Active Markets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||||||||||
Assets: | ||||||||||||||||
Investments in Securities | ||||||||||||||||
Common Stocks | $ | 31,907,052 | $ | — | $ | — | $ | 31,907,052 | ||||||||
Investment of Cash Collateral for Securities Loaned | — | 916,851 | — | 916,851 | ||||||||||||
Total Investments in Securities | $ | 31,907,052 | $ | 916,851 | $ | — | $ | 32,823,903 | ||||||||
See Notes to Financial Statements.
| WisdomTree Trust | 125 |
Statements of Assets and Liabilities
WisdomTree Trust
June 30, 2023
| WisdomTree Dynamic Currency Hedged International Equity Fund | WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund | WisdomTree Emerging Markets ESG Fund | WisdomTree Emerging Markets ex-China Fund | WisdomTree International ESG Fund | ||||||||||||||||
ASSETS: |
| |||||||||||||||||||
Investments, at cost | $ | 222,851,855 | $ | 182,582,910 | $ | 20,373,707 | $ | 14,856,232 | $ | 10,381,492 | ||||||||||
Foreign currency, at cost | 244,347 | 403,733 | 12,976 | 10,915 | 1,470 | |||||||||||||||
Investments in securities, at value1,2 (Note 2) | 249,398,083 | 189,601,071 | 22,994,601 | 16,354,447 | 11,320,280 | |||||||||||||||
Cash | 116,520 | 272,907 | 9,687 | 5,389 | 3,377 | |||||||||||||||
Foreign currency, at value | 244,669 | 403,506 | 13,248 | 10,869 | 1,466 | |||||||||||||||
Unrealized appreciation on foreign currency contracts | 688,188 | 708,213 | — | — | — | |||||||||||||||
Receivables: |
| |||||||||||||||||||
Dividends | 520,073 | 516,479 | 135,471 | 57,109 | 23,422 | |||||||||||||||
Securities lending income | 27,649 | 14,595 | 606 | — | 396 | |||||||||||||||
Foreign tax reclaims | 774,299 | 146,774 | 473 | �� | 1,269 | 39,407 | ||||||||||||||
Foreign capital gains tax refund | — | — | — | 332 | — | |||||||||||||||
Other (Note 6) | 23,431 | 3,013 | — | — | — | |||||||||||||||
Total Assets | 251,792,912 | 191,666,558 | 23,154,086 | 16,429,415 | 11,388,348 | |||||||||||||||
LIABILITIES: |
| |||||||||||||||||||
Unrealized depreciation on foreign currency contracts | 962,632 | 689,256 | — | — | — | |||||||||||||||
Payables: |
| |||||||||||||||||||
Cash collateral received for securities loaned (Note 2) | 9,287,088 | 13,610,754 | 354,008 | — | 241,353 | |||||||||||||||
Advisory fees (Note 3) | 78,614 | 67,143 | 6,089 | 4,334 | 2,754 | |||||||||||||||
Service fees (Note 2) | 865 | 615 | 84 | 60 | 40 | |||||||||||||||
Foreign capital gains tax | — | — | 75,655 | 19,684 | — | |||||||||||||||
Other (Note 6) | 7,029 | 904 | — | — | — | |||||||||||||||
Total Liabilities | 10,336,228 | 14,368,672 | 435,836 | 24,078 | 244,147 | |||||||||||||||
NET ASSETS | $ | 241,456,684 | $ | 177,297,886 | $ | 22,718,250 | $ | 16,405,337 | $ | 11,144,201 | ||||||||||
NET ASSETS: |
| |||||||||||||||||||
Paid-in capital | $ | 260,214,757 | $ | 184,818,467 | $ | 31,710,067 | $ | 14,965,406 | $ | 13,789,374 | ||||||||||
Total distributable earnings (loss) | (18,758,073 | ) | (7,520,581 | ) | (8,991,817 | ) | 1,439,931 | (2,645,173 | ) | |||||||||||
NET ASSETS | $ | 241,456,684 | $ | 177,297,886 | $ | 22,718,250 | $ | 16,405,337 | $ | 11,144,201 | ||||||||||
Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) | 7,750,000 | 5,700,000 | 800,000 | 600,000 | 400,000 | |||||||||||||||
Net asset value per share | $ | 31.16 | $ | 31.10 | $ | 28.40 | $ | 27.34 | $ | 27.86 | ||||||||||
1 Includes market value of securities out on loan of: | $ | 14,318,629 | $ | 28,168,424 | $ | 784,182 | — | $ | 332,375 | |||||||||||
2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information). |
| |||||||||||||||||||
See Notes to Financial Statements.
| 126 | WisdomTree Trust |
Statements of Assets and Liabilities (continued)
WisdomTree Trust
June 30, 2023
| WisdomTree U.S. Corporate Bond Fund | WisdomTree U.S. High Yield Corporate Bond Fund | WisdomTree U.S. Short-Term Corporate Bond Fund | WisdomTree Emerging Markets Efficient Core Fund | WisdomTree International Efficient Core Fund | ||||||||||||||||
ASSETS: |
| |||||||||||||||||||
Investments, at cost | $ | 9,442,621 | $ | 231,707,709 | $ | 39,566,286 | $ | 52,966,018 | $ | 223,686,477 | ||||||||||
Foreign currency, at cost | — | — | — | 69,106 | 704,217 | |||||||||||||||
Investments in securities, at value1,2 (Note 2) | 8,764,140 | 212,994,740 | 38,030,301 | 48,226,938 | 236,412,081 | |||||||||||||||
Cash | 4,511 | 2,300,161 | 32,600 | 3,661,293 | 18,367,335 | |||||||||||||||
Deposits at broker for futures contracts | — | — | — | 631,985 | 2,820,004 | |||||||||||||||
Foreign currency, at value | — | — | — | 68,984 | 698,574 | |||||||||||||||
Receivables: |
| |||||||||||||||||||
Capital shares sold | — | — | — | — | 32 | |||||||||||||||
Dividends | — | — | — | 271,358 | 384,210 | |||||||||||||||
Securities lending income | 184 | 12,499 | 362 | 398 | 4,249 | |||||||||||||||
Interest | 91,855 | 3,582,326 | 335,514 | — | — | |||||||||||||||
Foreign tax reclaims | — | — | — | 5,099 | 376,913 | |||||||||||||||
Foreign capital gains tax refund | — | — | — | 61 | — | |||||||||||||||
Net variation margin on futures contracts | — | — | — | 57,656 | 276,156 | |||||||||||||||
Total Assets | 8,860,690 | 218,889,726 | 38,398,777 | 52,923,772 | 259,339,554 | |||||||||||||||
LIABILITIES: |
| |||||||||||||||||||
Payables: |
| |||||||||||||||||||
Cash collateral received for securities loaned (Note 2) | 104,828 | 11,631,280 | 930,195 | 400,070 | 5,929,191 | |||||||||||||||
Advisory fees (Note 3) | 1,294 | 64,627 | 5,558 | 14,015 | 52,235 | |||||||||||||||
Service fees (Note 2) | 32 | 748 | 136 | 193 | 884 | |||||||||||||||
Foreign capital gains tax | — | — | — | 45,563 | — | |||||||||||||||
Total Liabilities | 106,154 | 11,696,655 | 935,889 | 459,841 | 5,982,310 | |||||||||||||||
NET ASSETS | $ | 8,754,536 | $ | 207,193,071 | $ | 37,462,888 | $ | 52,463,931 | $ | 253,357,244 | ||||||||||
NET ASSETS: |
| |||||||||||||||||||
Paid-in capital | $ | 12,409,403 | $ | 233,694,682 | $ | 40,473,093 | $ | 63,350,293 | $ | 255,014,814 | ||||||||||
Total distributable earnings (loss) | (3,654,867 | ) | (26,501,611 | ) | (3,010,205 | ) | (10,886,362 | ) | (1,657,570 | ) | ||||||||||
NET ASSETS | $ | 8,754,536 | $ | 207,193,071 | $ | 37,462,888 | $ | 52,463,931 | $ | 253,357,244 | ||||||||||
Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) | 200,000 | 4,700,000 | 800,000 | 1,900,000 | 7,400,000 | |||||||||||||||
Net asset value per share | $ | 43.77 | $ | 44.08 | $ | 46.83 | $ | 27.61 | $ | 34.24 | ||||||||||
1 Includes market value of securities out on loan of: | $ | 133,964 | $ | 12,721,366 | $ | 1,004,205 | $ | 455,225 | $ | 11,491,272 | ||||||||||
2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information). |
| |||||||||||||||||||
See Notes to Financial Statements.
| WisdomTree Trust | 127 |
Statements of Assets and Liabilities (continued)
WisdomTree Trust
June 30, 2023
| WisdomTree U.S. Efficient Core Fund | WisdomTree Fund | WisdomTree Battery Value Chain and Innovation Fund | WisdomTree BioRevolution Fund | WisdomTree Cloud Computing | ||||||||||||||||
ASSETS: | ||||||||||||||||||||
Investments, at cost | $ | 717,185,738 | $ | 122,411,666 | $ | 5,741,047 | $ | 3,833,279 | $ | 956,479,759 | ||||||||||
Foreign currency, at cost | — | 551,090 | 40,198 | 1,863 | — | |||||||||||||||
Investments in securities, at value1,2 (Note 2) | 778,687,384 | 126,747,796 | 5,710,739 | 3,018,863 | 708,655,085 | |||||||||||||||
Cash | 63,615,252 | 315,679 | 4,621 | 1,675 | 405,836 | |||||||||||||||
Deposits at broker for futures contracts | 9,441,768 | — | — | — | — | |||||||||||||||
Foreign currency, at value | — | 550,796 | 11,439 | 1,860 | — | |||||||||||||||
Unrealized appreciation on foreign currency contracts | — | 79 | 7 | — | — | |||||||||||||||
Receivables: | ||||||||||||||||||||
Investment securities sold | — | 948,828 | — | — | 797,803 | |||||||||||||||
Capital shares sold | — | 12,597,020 | — | — | 3,930,262 | |||||||||||||||
Dividends | 467,842 | 23,816 | 1,169 | 623 | — | |||||||||||||||
Securities lending income | 61 | 25,489 | 1,778 | 2,353 | 178,674 | |||||||||||||||
Foreign tax reclaims | — | 264 | 3,655 | 1,016 | — | |||||||||||||||
Net variation margin on futures contracts | 923,922 | — | — | — | — | |||||||||||||||
Total Assets | 853,136,229 | 141,209,767 | 5,733,408 | 3,026,390 | 713,967,660 | |||||||||||||||
LIABILITIES: | ||||||||||||||||||||
Unrealized depreciation on foreign currency contracts | — | 495 | 0 | 3 | — | — | ||||||||||||||
Payables: | ||||||||||||||||||||
Cash collateral received for securities loaned (Note 2) | — | 4,153,686 | 505,678 | 241,978 | 20,375,730 | |||||||||||||||
Investment securities purchased | — | 14,350,197 | 8,663 | — | 3,966,573 | |||||||||||||||
Capital shares redeemed | — | — | — | — | 793,281 | |||||||||||||||
Advisory fees (Note 3) | 137,471 | 31,590 | 1,901 | 1,042 | 256,232 | |||||||||||||||
Service fees (Note 2) | 3,024 | 309 | 19 | 10 | 2,505 | |||||||||||||||
Total Liabilities | 140,495 | 18,536,277 | 516,261 | 243,030 | 25,394,321 | |||||||||||||||
NET ASSETS | $ | 852,995,734 | $ | 122,673,490 | $ | 5,217,147 | $ | 2,783,360 | $ | 688,573,339 | ||||||||||
NET ASSETS: | ||||||||||||||||||||
Paid-in capital | $ | 928,546,944 | $ | 118,946,917 | $ | 5,620,342 | $ | 4,239,876 | $ | 1,259,328,306 | ||||||||||
Total distributable earnings (loss) | (75,551,210 | ) | 3,726,573 | (403,195 | ) | (1,456,516 | ) | (570,754,967 | ) | |||||||||||
NET ASSETS | $ | 852,995,734 | $ | 122,673,490 | $ | 5,217,147 | $ | 2,783,360 | $ | 688,573,339 | ||||||||||
Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) | 23,000,000 | 6,450,000 | 150,000 | 160,000 | 21,700,000 | |||||||||||||||
Net asset value per share | $ | 37.09 | $ | 19.02 | $ | 34.78 | $ | 17.40 | $ | 31.73 | ||||||||||
1 Includes market value of securities out on loan of: | — | $ | 6,238,651 | $ | 556,614 | $ | 279,996 | $ | 41,846,345 | |||||||||||
2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information). |
| |||||||||||||||||||
3 Amount represents less than $1. |
| |||||||||||||||||||
See Notes to Financial Statements.
| 128 | WisdomTree Trust |
Statements of Assets and Liabilities (concluded)
WisdomTree Trust
June 30, 2023
| WisdomTree Cybersecurity Fund | ||||
ASSETS: | ||||
Investments, at cost | $ | 40,597,177 | ||
Foreign currency, at cost | 2,515 | |||
Investments in securities, at value1,2 (Note 2) | 32,823,903 | |||
Cash | 29,712 | |||
Foreign currency, at value | 2,538 | |||
Receivables: | ||||
Securities lending income | 302 | |||
Foreign tax reclaims | 2,058 | |||
Total Assets | 32,858,513 | |||
LIABILITIES: | ||||
Payables: | ||||
Cash collateral received for securities loaned (Note 2) | 916,851 | |||
Advisory fees (Note 3) | 11,719 | |||
Service fees (Note 2) | 115 | |||
Total Liabilities | 928,685 | |||
NET ASSETS | $ | 31,929,828 | ||
NET ASSETS: | ||||
Paid-in capital | $ | 45,893,054 | ||
Total distributable earnings (loss) | (13,963,226 | ) | ||
NET ASSETS | $ | 31,929,828 | ||
Outstanding beneficial interest shares of $0.001 par value (unlimited number of shares authorized) | 1,650,000 | |||
Net asset value per share | $ | 19.35 | ||
1 Includes market value of securities out on loan of: | $ | 2,535,884 | ||
2 Investments in securities include investment of cash collateral for securities loaned (see Schedule of Investments for additional information). |
| |||
See Notes to Financial Statements.
| WisdomTree Trust | 129 |
WisdomTree Trust
For the Year or Period Ended June 30, 2023
| WisdomTree Dynamic Currency Hedged International Equity Fund | WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund | WisdomTree Emerging Markets ESG Fund | WisdomTree Emerging Markets ex-China Fund1 | WisdomTree International ESG Fund | ||||||||||||||||
INVESTMENT INCOME: |
| |||||||||||||||||||
Dividends | $ | 11,154,356 | $ | 7,120,388 | $ | 798,665 | $ | 245,576 | $ | 327,041 | ||||||||||
Interest | — | — | 52 | 30 | — | |||||||||||||||
Non-cash dividends | 67,189 | 68,357 | — | 3,549 | 851 | |||||||||||||||
Other income (Note 6) | 10,952 | 4,768 | — | — | — | |||||||||||||||
Securities lending income, net (Note 2) | 278,715 | 138,829 | 10,654 | — | 2,285 | |||||||||||||||
Less: Foreign withholding taxes on dividends | (1,058,119 | ) | (696,313 | ) | (111,397 | ) | (42,931 | ) | (31,919 | ) | ||||||||||
Total investment income | 10,453,093 | 6,636,029 | 697,974 | 206,224 | 298,258 | |||||||||||||||
EXPENSES: |
| |||||||||||||||||||
Advisory fees (Note 3) | 841,877 | 575,254 | 78,846 | 32,621 | 24,735 | |||||||||||||||
Service fees (Note 2) | 9,261 | 5,273 | 1,084 | 449 | 363 | |||||||||||||||
Other fees (Note 6) | 2,309 | 1,272 | — | — | — | |||||||||||||||
Total expenses | 853,447 | 581,799 | 79,930 | 33,070 | 25,098 | |||||||||||||||
Net investment income | 9,599,646 | 6,054,230 | 618,044 | 173,154 | 273,160 | |||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
| |||||||||||||||||||
Net realized gain (loss) from: |
| |||||||||||||||||||
Investment transactions2 | (14,912,456 | ) | (11,519,637 | ) | (1,644,400 | ) | (90,638 | ) | (289,659 | ) | ||||||||||
In-kind redemptions | 1,744,796 | — | 118,723 | 233,303 | — | |||||||||||||||
Futures contracts | — | — | — | (513 | ) | — | ||||||||||||||
Foreign currency contracts | 5,558,290 | 2,490,548 | (22,457 | ) | (35,914 | ) | 591 | |||||||||||||
Foreign currency related transactions | 13,230 | 62,509 | 8,098 | 25,968 | (1,500 | ) | ||||||||||||||
Net realized gain (loss) | (7,596,140 | ) | (8,966,580 | ) | (1,540,036 | ) | 132,206 | (290,568 | ) | |||||||||||
Net increase (decrease) in unrealized appreciation/depreciation: |
| |||||||||||||||||||
Investment transactions3 | 35,627,590 | 16,137,185 | 1,712,919 | 1,478,531 | 1,173,004 | |||||||||||||||
Foreign currency contracts | (4,491,882 | ) | (1,556,958 | ) | — | — | (1 | ) | ||||||||||||
Translation of assets and liabilities denominated in foreign currencies | 31,181 | 8,055 | 1,423 | (215 | ) | 2,182 | ||||||||||||||
Net increase in unrealized appreciation/depreciation | 31,166,889 | 14,588,282 | 1,714,342 | 1,478,316 | 1,175,185 | |||||||||||||||
Net realized and unrealized gain on investments | 23,570,749 | 5,621,702 | 174,306 | 1,610,522 | 884,617 | |||||||||||||||
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | $ | 33,170,395 | $ | 11,675,932 | $ | 792,350 | $ | 1,783,676 | $ | 1,157,777 | ||||||||||
1 For the period September 22, 2022 (commencement of operations) through June 30, 2023. |
| |||||||||||||||||||
2 Net of foreign capital gains (tax) and capital gain tax refund, if applicable, of: | — | — | $ | (20,255 | ) | $ | 32 | — | ||||||||||||
3 Includes net increase (decrease) in accrued foreign capital gain taxes of: | — | — | $ | 49,463 | $ | 19,684 | — | |||||||||||||
See Notes to Financial Statements.
| 130 | WisdomTree Trust |
Statements of Operations (continued)
WisdomTree Trust
For the Year Ended June 30, 2023
| WisdomTree U.S. Corporate Bond Fund | WisdomTree U.S. High Yield Corporate Bond Fund | WisdomTree U.S. Short-Term Corporate Bond Fund | WisdomTree Emerging Markets Efficient Core Fund | WisdomTree International Efficient Core Fund | ||||||||||||||||
INVESTMENT INCOME: |
| |||||||||||||||||||
Dividends | $ | — | $ | — | $ | — | $ | 1,534,910 | $ | 5,826,697 | ||||||||||
Interest | 533,107 | 10,691,605 | 1,186,506 | 27,420 | 117,197 | |||||||||||||||
Non-cash dividends | — | — | — | — | 40,474 | |||||||||||||||
Securities lending income, net (Note 2) | 2,204 | 114,623 | 8,115 | 1,633 | 27,127 | |||||||||||||||
Less: Foreign withholding taxes on dividends | — | — | — | (181,647 | ) | (568,542 | ) | |||||||||||||
Total investment income | 535,311 | 10,806,228 | 1,194,621 | 1,382,316 | 5,442,953 | |||||||||||||||
EXPENSES: |
| |||||||||||||||||||
Advisory fees (Note 3) | 25,282 | 658,767 | 68,644 | 138,562 | 458,209 | |||||||||||||||
Service fees (Note 2) | 618 | 7,628 | 1,678 | 1,905 | 7,754 | |||||||||||||||
Total expenses | 25,900 | 666,395 | 70,322 | 140,467 | 465,963 | |||||||||||||||
Net investment income | 509,411 | 10,139,833 | 1,124,299 | 1,241,849 | 4,976,990 | |||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
| |||||||||||||||||||
Net realized gain (loss) from: |
| |||||||||||||||||||
Investment transactions1 | (476,785 | ) | (6,364,365 | ) | (657,042 | ) | (1,558,904 | ) | (1,861,968 | ) | ||||||||||
In-kind redemptions | (4,647,018 | ) | (3,957,179 | ) | (237,813 | ) | (49,282 | ) | (1,934,815 | ) | ||||||||||
Futures contracts | — | — | — | (1,599,782 | ) | (4,117,696 | ) | |||||||||||||
Foreign currency contracts | — | — | — | (5,517 | ) | (62,829 | ) | |||||||||||||
Foreign currency related transactions | — | — | — | (21,191 | ) | 44,888 | ||||||||||||||
Net realized loss | (5,123,803 | ) | (10,321,544 | ) | (894,855 | ) | (3,234,676 | ) | (7,932,420 | ) | ||||||||||
Net increase (decrease) in unrealized appreciation/depreciation: |
| |||||||||||||||||||
Investment transactions2 | 4,754,188 | 11,069,649 | 317,786 | 2,111,764 | 31,492,507 | |||||||||||||||
Futures contracts | — | — | — | (149,106 | ) | (1,390,887 | ) | |||||||||||||
Foreign currency contracts | — | — | — | (1,119 | ) | (554 | ) | |||||||||||||
Translation of assets and liabilities denominated in foreign currencies | — | — | — | 5,031 | 7,707 | |||||||||||||||
Net increase in unrealized appreciation/depreciation | 4,754,188 | 11,069,649 | 317,786 | 1,966,570 | 30,108,773 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | (369,615 | ) | 748,105 | (577,069 | ) | (1,268,106 | ) | 22,176,353 | ||||||||||||
Net increase from payment by affiliate (Note 3) | — | — | 150 | 76 | — | |||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 139,796 | $ | 10,887,938 | $ | 547,380 | $ | (26,181 | ) | $ | 27,153,343 | |||||||||
1 Net of foreign capital gains (tax) and capital gain tax refund, if applicable, of: | — | — | — | $ | 61 | — | ||||||||||||||
2 Includes net increase (decrease) in accrued foreign capital gain taxes of: | — | — | — | $ | 45,563 | — | ||||||||||||||
See Notes to Financial Statements.
| WisdomTree Trust | 131 |
Statements of Operations (continued)
WisdomTree Trust
For the Year Ended June 30, 2023
| WisdomTree U.S. Efficient Core Fund | WisdomTree Artificial Intelligence and Innovation Fund | WisdomTree Battery Value Chain and Innovation Fund | WisdomTree BioRevolution Fund | WisdomTree Cloud Computing Fund | ||||||||||||||||
INVESTMENT INCOME: |
| |||||||||||||||||||
Dividends | $ | 10,834,476 | $ | 59,517 | $ | 82,608 | $ | 34,127 | $ | 11,562 | ||||||||||
Interest | 444,141 | 169 | 20 | 3 | 1,517 | |||||||||||||||
Non-cash dividends | — | — | — | 645 | — | |||||||||||||||
Securities lending income, net (Note 2) | 5,005 | 39,647 | 19,192 | 7,818 | 494,709 | |||||||||||||||
Less: Foreign withholding taxes on dividends | (3,224 | ) | (4,892 | ) | (10,354 | ) | (1,514 | ) | — | |||||||||||
Total investment income | 11,280,398 | 94,441 | 91,466 | 41,079 | 507,788 | |||||||||||||||
EXPENSES: |
| |||||||||||||||||||
Advisory fees (Note 3) | 1,479,351 | 48,787 | 20,682 | 17,550 | 2,888,746 | |||||||||||||||
Service fees (Note 2) | 32,546 | 477 | 202 | 172 | 28,246 | |||||||||||||||
Total expenses | 1,511,897 | 49,264 | 20,884 | 17,722 | 2,916,992 | |||||||||||||||
Net investment income (loss) | 9,768,501 | 45,177 | 70,582 | 23,357 | (2,409,204 | ) | ||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
| |||||||||||||||||||
Net realized gain (loss) from: |
| |||||||||||||||||||
Investment transactions | (29,182,356 | ) | (576,623 | ) | (313,902 | ) | (447,891 | ) | (186,172,089 | ) | ||||||||||
In-kind redemptions | 26,972,751 | — | — | 138,585 | 14,304,414 | |||||||||||||||
Futures contracts | (30,327,834 | ) | — | — | — | — | ||||||||||||||
Foreign currency contracts | 70 | 1,213 | 1,736 | (1,059 | ) | — | ||||||||||||||
Foreign currency related transactions | (70 | ) | (4,680 | ) | 26,316 | 1,393 | — | |||||||||||||
Net realized loss | (32,537,439 | ) | (580,090 | ) | (285,850 | ) | (308,972 | ) | (171,867,675 | ) | ||||||||||
Net increase (decrease) in unrealized appreciation/depreciation: |
| |||||||||||||||||||
Investment transactions | 111,859,450 | 4,761,459 | 125,617 | 400,673 | 249,232,954 | |||||||||||||||
Futures contracts | (1,800,122 | ) | — | — | — | — | ||||||||||||||
Foreign currency contracts | — | (416 | ) | 5 | — | — | ||||||||||||||
Translation of assets and liabilities denominated in foreign currencies | — | (47 | ) | (28,707 | ) | 70 | — | |||||||||||||
Net increase in unrealized appreciation/depreciation | 110,059,328 | 4,760,996 | 96,915 | 400,743 | 249,232,954 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 77,521,889 | 4,180,906 | (188,935 | ) | 91,771 | 77,365,279 | ||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | $ | 87,290,390 | $ | 4,226,083 | $ | (118,353 | ) | $ | 115,128 | $ | 74,956,075 | |||||||||
See Notes to Financial Statements.
| 132 | WisdomTree Trust |
Statements of Operations (concluded)
WisdomTree Trust
For the Year Ended June 30, 2023
| WisdomTree Cybersecurity Fund | ||||
INVESTMENT INCOME: |
| |||
Dividends | $ | 47,219 | ||
Interest | 21 | |||
Securities lending income, net (Note 2) | 15,383 | |||
Less: Foreign withholding taxes on dividends | (5,512 | ) | ||
Total investment income | 57,111 | |||
EXPENSES: |
| |||
Advisory fees (Note 3) | 134,865 | |||
Service fees (Note 2) | 1,319 | |||
Total expenses | 136,184 | |||
Net investment loss | (79,073 | ) | ||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: |
| |||
Net realized gain (loss) from: |
| |||
Investment transactions | (5,499,019 | ) | ||
In-kind redemptions | 461,108 | |||
Foreign currency contracts | (2,910 | ) | ||
Foreign currency related transactions | 2,524 | |||
Net realized loss | (5,038,297 | ) | ||
Net increase (decrease) in unrealized appreciation/depreciation: |
| |||
Investment transactions | 7,665,037 | |||
Translation of assets and liabilities denominated in foreign currencies | (50 | ) | ||
Net increase in unrealized appreciation/depreciation | 7,664,987 | |||
Net realized and unrealized gain on investments | 2,626,690 | |||
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | $ | 2,547,617 | ||
See Notes to Financial Statements.
| WisdomTree Trust | 133 |
Statements of Changes in Net Assets
WisdomTree Trust
| WisdomTree Dynamic Currency Hedged International Equity Fund | WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund | WisdomTree Emerging Markets ESG Fund | ||||||||||||||||||||||
| For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | |||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
| |||||||||||||||||||||||
Net investment income | $ | 9,599,646 | $ | 7,201,966 | $ | 6,054,230 | $ | 1,958,981 | $ | 618,044 | $ | 849,512 | ||||||||||||
Net realized gain (loss) on investments, foreign currency contracts and foreign currency related transactions | (7,596,140 | ) | 15,745,183 | (8,966,580 | ) | 7,252,936 | (1,540,036 | ) | (209,574 | ) | ||||||||||||||
Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies | 31,166,889 | (29,913,702 | ) | 14,588,282 | (14,851,685 | ) | 1,714,342 | (9,320,275 | ) | |||||||||||||||
Net increase (decrease) in net assets resulting from operations | 33,170,395 | (6,966,553 | ) | 11,675,932 | (5,639,768 | ) | 792,350 | (8,680,337 | ) | |||||||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: |
| |||||||||||||||||||||||
Distributable earnings | (9,482,900 | ) | (8,333,400 | ) | (7,194,351 | ) | (2,160,473 | ) | (796,205 | ) | (813,816 | ) | ||||||||||||
CAPITAL SHARE TRANSACTIONS: |
| |||||||||||||||||||||||
Net proceeds from sale of shares | 57,448,065 | 46,532,186 | 114,698,033 | 35,211,942 | — | 3,157,366 | ||||||||||||||||||
Cost of shares redeemed | (7,749,359 | ) | (24,821,425 | ) | — | (10,629,801 | ) | (2,758,980 | ) | (3,585,905 | ) | |||||||||||||
Net increase (decrease) in net assets resulting from capital share transactions | 49,698,706 | 21,710,761 | 114,698,033 | 24,582,141 | (2,758,980 | ) | (428,539 | ) | ||||||||||||||||
Net Increase (Decrease) in Net Assets | 73,386,201 | 6,410,808 | 119,179,614 | 16,781,900 | (2,762,835 | ) | (9,922,692 | ) | ||||||||||||||||
NET ASSETS: |
| |||||||||||||||||||||||
Beginning of year | $ | 168,070,483 | $ | 161,659,675 | $ | 58,118,272 | $ | 41,336,372 | $ | 25,481,085 | $ | 35,403,777 | ||||||||||||
End of year | $ | 241,456,684 | $ | 168,070,483 | $ | 177,297,886 | $ | 58,118,272 | $ | 22,718,250 | $ | 25,481,085 | ||||||||||||
SHARES CREATED AND REDEEMED: |
| |||||||||||||||||||||||
Shares outstanding, beginning of year | 6,050,000 | 5,300,000 | 1,950,000 | 1,200,000 | 900,000 | 900,000 | ||||||||||||||||||
Shares created | 1,950,000 | 1,550,000 | 3,750,000 | 1,050,000 | — | 100,000 | ||||||||||||||||||
Shares redeemed | (250,000 | ) | (800,000 | ) | — | (300,000 | ) | (100,000 | ) | (100,000 | ) | |||||||||||||
Shares outstanding, end of year | 7,750,000 | 6,050,000 | 5,700,000 | 1,950,000 | 800,000 | 900,000 | ||||||||||||||||||
See Notes to Financial Statements.
| 134 | WisdomTree Trust |
Statements of Changes in Net Assets (continued)
WisdomTree Trust
| WisdomTree Emerging Markets ex-China Fund | WisdomTree International ESG Fund | WisdomTree U.S. Corporate Bond Fund | ||||||||||||||||||
| For the Period September 22, 2022* through June 30, 2023 | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | ||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
| |||||||||||||||||||
Net investment income | $ | 173,154 | $ | 273,160 | $ | 237,030 | $ | 509,411 | $ | 1,125,535 | ||||||||||
Net realized gain (loss) on investments, futures contracts, foreign currency contracts and foreign currency related transactions | 132,206 | (290,568 | ) | (34,985 | ) | (5,123,803 | ) | (2,428,696 | ) | |||||||||||
Net increase (decrease) in unrealized appreciation/depreciation on investments and translation of assets and liabilities denominated in foreign currencies | 1,478,316 | 1,175,185 | (1,695,997 | ) | 4,754,188 | (5,842,676 | ) | |||||||||||||
Net increase (decrease) in net assets resulting from operations | 1,783,676 | 1,157,777 | (1,493,952 | ) | 139,796 | (7,145,837 | ) | |||||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: |
| |||||||||||||||||||
Distributable earnings | (144,810 | ) | (275,935 | ) | (238,020 | ) | (533,000 | ) | (1,197,666 | ) | ||||||||||
CAPITAL SHARE TRANSACTIONS: |
| |||||||||||||||||||
Net proceeds from sale of shares | 24,616,925 | 2,815,724 | 1,484,583 | 9,002,751 | — | |||||||||||||||
Cost of shares redeemed | (9,850,554 | ) | — | — | (40,539,588 | ) | — | |||||||||||||
Net increase (decrease) in net assets resulting from capital share transactions | 14,766,371 | 2,815,724 | 1,484,583 | (31,536,837 | ) | — | ||||||||||||||
Net Increase (Decrease) in Net Assets | 16,405,237 | 3,697,566 | (247,389 | ) | (31,930,041 | ) | (8,343,503 | ) | ||||||||||||
NET ASSETS: |
| |||||||||||||||||||
Beginning of period | $ | 100 | $ | 7,446,635 | $ | 7,694,024 | $ | 40,684,577 | $ | 49,028,080 | ||||||||||
End of period | $ | 16,405,337 | $ | 11,144,201 | $ | 7,446,635 | $ | 8,754,536 | $ | 40,684,577 | ||||||||||
SHARES CREATED AND REDEEMED: |
| |||||||||||||||||||
Shares outstanding, beginning of period | 4 | 300,000 | 250,000 | 900,000 | 900,000 | |||||||||||||||
Shares created | 1,000,000 | 100,000 | 50,000 | 200,000 | — | |||||||||||||||
Shares redeemed | (400,004 | ) | — | — | (900,000 | ) | — | |||||||||||||
Shares outstanding, end of period | 600,000 | 400,000 | 300,000 | 200,000 | 900,000 | |||||||||||||||
* Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market. |
| |||||||||||||||||||
See Notes to Financial Statements.
| WisdomTree Trust | 135 |
Statements of Changes in Net Assets (continued)
WisdomTree Trust
| WisdomTree U.S. High Yield Corporate Bond Fund | WisdomTree U.S. Short-Term Corporate Bond Fund | WisdomTree Emerging Markets Efficient Core Fund | ||||||||||||||||||||||
| For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | |||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
| |||||||||||||||||||||||
Net investment income | $ | 10,139,833 | $ | 8,030,190 | $ | 1,124,299 | $ | 526,577 | $ | 1,241,849 | $ | 513,193 | ||||||||||||
Net realized loss on investments, futures contracts, foreign currency contracts and foreign currency related transactions | (10,321,544 | ) | (788,116 | ) | (894,855 | ) | (808,823 | ) | (3,234,676 | ) | (3,198,496 | ) | ||||||||||||
Net increase (decrease) in unrealized appreciation/depreciation on investments, futures contracts and translation of assets and liabilities denominated in foreign currencies | 11,069,649 | (33,528,082 | ) | 317,786 | (2,297,744 | ) | 1,966,570 | (7,225,923 | ) | |||||||||||||||
Net increase from payment by affiliate | — | — | 150 | — | 76 | — | ||||||||||||||||||
Net increase (decrease) in net assets resulting from operations | 10,887,938 | (26,286,008 | ) | 547,380 | (2,579,990 | ) | (26,181 | ) | (9,911,226 | ) | ||||||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: |
| |||||||||||||||||||||||
Distributable earnings | (10,144,500 | ) | (7,906,350 | ) | (1,146,000 | ) | (651,248 | ) | (1,226,510 | ) | (378,458 | ) | ||||||||||||
CAPITAL SHARE TRANSACTIONS: |
| |||||||||||||||||||||||
Net proceeds from sale of shares | 71,527,012 | 82,422,563 | 4,808,013 | 15,102,248 | 24,464,335 | 51,468,255 | ||||||||||||||||||
Cost of shares redeemed | (36,372,679 | ) | (35,293,904 | ) | (9,503,314 | ) | — | (5,099,245 | ) | (8,902,363 | ) | |||||||||||||
Net increase (decrease) in net assets resulting from capital share transactions | 35,154,333 | 47,128,659 | (4,695,301 | ) | 15,102,248 | 19,365,090 | 42,565,892 | |||||||||||||||||
Net Increase (Decrease) in Net Assets | 35,897,771 | 12,936,301 | (5,293,921 | ) | 11,871,010 | 18,112,399 | 32,276,208 | |||||||||||||||||
NET ASSETS: |
| |||||||||||||||||||||||
Beginning of year | $ | 171,295,300 | $ | 158,358,999 | $ | 42,756,809 | $ | 30,885,799 | $ | 34,351,532 | $ | 2,075,324 | ||||||||||||
End of year | $ | 207,193,071 | $ | 171,295,300 | $ | 37,462,888 | $ | 42,756,809 | $ | 52,463,931 | $ | 34,351,532 | ||||||||||||
SHARES CREATED AND REDEEMED: |
| |||||||||||||||||||||||
Shares outstanding, beginning of year | 3,900,000 | 3,000,000 | 900,000 | 600,000 | 1,200,000 | 50,000 | ||||||||||||||||||
Shares created | 1,600,000 | 1,600,000 | 100,000 | 300,000 | 900,000 | 1,450,000 | ||||||||||||||||||
Shares redeemed | (800,000 | ) | (700,000 | ) | (200,000 | ) | — | (200,000 | ) | (300,000 | ) | |||||||||||||
Shares outstanding, end of year | 4,700,000 | 3,900,000 | 800,000 | 900,000 | 1,900,000 | 1,200,000 | ||||||||||||||||||
See Notes to Financial Statements.
| 136 | WisdomTree Trust |
Statements of Changes in Net Assets (continued)
WisdomTree Trust
| WisdomTree International Efficient Core Fund | WisdomTree U.S. Efficient Core Fund | WisdomTree Artificial Intelligence and Innovation Fund | ||||||||||||||||||||||
| For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Year Ended June 30, 2023 | For the Period December 9, 2021* through June 30, 2022 | |||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
| |||||||||||||||||||||||
Net investment income | $ | 4,976,990 | $ | 2,014,624 | $ | 9,768,501 | $ | 8,325,402 | $ | 45,177 | $ | 1,439 | ||||||||||||
Net realized gain (loss) on investments, futures contracts, foreign currency contracts and foreign currency related transactions | (7,932,420 | ) | (8,928,568 | ) | (32,537,439 | ) | 6,067,718 | (580,090 | ) | (74,061 | ) | |||||||||||||
Net increase (decrease) in unrealized appreciation/depreciation on investments, futures contracts, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies | 30,108,773 | (19,291,690 | ) | 110,059,328 | (190,207,402 | ) | 4,760,996 | (425,354 | ) | |||||||||||||||
Net increase (decrease) in net assets resulting from operations | 27,153,343 | (26,205,634 | ) | 87,290,390 | (175,814,282 | ) | 4,226,083 | (497,976 | ) | |||||||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: |
| |||||||||||||||||||||||
Distributable earnings | (4,844,176 | ) | (1,971,331 | ) | (9,785,910 | ) | (8,163,536 | ) | (1,534 | ) | — | |||||||||||||
CAPITAL SHARE TRANSACTIONS: |
| |||||||||||||||||||||||
Net proceeds from sale of shares | 174,329,685 | 157,472,630 | 202,105,329 | 543,539,352 | 117,696,918 | 1,250,000 | ||||||||||||||||||
Cost of shares redeemed | (19,048,786 | ) | (55,527,380 | ) | (122,219,141 | ) | (183,240,518 | ) | — | (101 | ) | |||||||||||||
Net increase in net assets resulting from capital share transactions | 155,280,899 | 101,945,250 | 79,886,188 | 360,298,834 | 117,696,918 | 1,249,899 | ||||||||||||||||||
Net Increase in Net Assets | 177,590,066 | 73,768,285 | 157,390,668 | 176,321,016 | 121,921,467 | 751,923 | ||||||||||||||||||
NET ASSETS: |
| |||||||||||||||||||||||
Beginning of period | $ | 75,767,178 | $ | 1,998,893 | $ | 695,605,066 | $ | 519,284,050 | $ | 752,023 | $ | 100 | ||||||||||||
End of period | $ | 253,357,244 | $ | 75,767,178 | $ | 852,995,734 | $ | 695,605,066 | $ | 122,673,490 | $ | 752,023 | ||||||||||||
SHARES CREATED AND REDEEMED: |
| |||||||||||||||||||||||
Shares outstanding, beginning of period | 2,450,000 | 50,000 | 20,850,000 | 12,800,000 | 50,000 | 4 | ||||||||||||||||||
Shares created | 5,650,000 | 4,050,000 | 5,900,000 | 12,750,000 | 6,400,000 | 50,000 | ||||||||||||||||||
Shares redeemed | (700,000 | ) | (1,650,000 | ) | (3,750,000 | ) | (4,700,000 | ) | — | (4 | ) | |||||||||||||
Shares outstanding, end of period | 7,400,000 | 2,450,000 | 23,000,000 | 20,850,000 | 6,450,000 | 50,000 | ||||||||||||||||||
* Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market. |
| |||||||||||||||||||||||
See Notes to Financial Statements.
| WisdomTree Trust | 137 |
Statements of Changes in Net Assets (continued)
WisdomTree Trust
| WisdomTree Battery Value Chain and Innovation Fund | WisdomTree BioRevolution Fund | WisdomTree Cloud Computing Fund | ||||||||||||||||||||||
| For the Year Ended June 30, 2023 | For the Period February 17, 2022* through June 30, 2022 | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | |||||||||||||||||||
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
| |||||||||||||||||||||||
Net investment income (loss) | $ | 70,582 | $ | 10,849 | $ | 23,357 | $ | 12,468 | $ | (2,409,204 | ) | $ | (4,639,243 | ) | ||||||||||
Net realized loss on investments, foreign currency contracts and foreign currency related transactions | (285,850 | ) | (117,758 | ) | (308,972 | ) | (210,739 | ) | (171,867,675 | ) | (10,186,800 | ) | ||||||||||||
Net increase (decrease) in unrealized appreciation/depreciation on investments, foreign currency contracts and translation of assets and liabilities denominated in foreign currencies | 96,915 | (155,958 | ) | 400,743 | (1,315,932 | ) | 249,232,954 | (595,077,204 | ) | |||||||||||||||
Net increase (decrease) in net assets resulting from operations | (118,353 | ) | (262,867 | ) | 115,128 | (1,514,203 | ) | 74,956,075 | (609,903,247 | ) | ||||||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: |
| |||||||||||||||||||||||
Distributable earnings | (21,975 | ) | — | (15,662 | ) | (4,424 | ) | — | — | |||||||||||||||
CAPITAL SHARE TRANSACTIONS: |
| |||||||||||||||||||||||
Net proceeds from sale of shares | 3,620,339 | 2,000,000 | — | 3,541,300 | 330,272,697 | 874,468,867 | ||||||||||||||||||
Cost of shares redeemed | — | (117 | ) | (2,003,861 | ) | — | (347,305,989 | ) | (910,956,909 | ) | ||||||||||||||
Net increase (decrease) in net assets resulting from capital share transactions | 3,620,339 | 1,999,883 | (2,003,861 | ) | 3,541,300 | (17,033,292 | ) | (36,488,042 | ) | |||||||||||||||
Net Increase (Decrease) in Net Assets | 3,480,011 | 1,737,016 | (1,904,395 | ) | 2,022,673 | 57,922,783 | (646,391,289 | ) | ||||||||||||||||
NET ASSETS: |
| |||||||||||||||||||||||
Beginning of period | $ | 1,737,136 | $ | 120 | $ | 4,687,755 | $ | 2,665,082 | $ | 630,650,556 | $ | 1,277,041,845 | ||||||||||||
End of period | $ | 5,217,147 | $ | 1,737,136 | $ | 2,783,360 | $ | 4,687,755 | $ | 688,573,339 | $ | 630,650,556 | ||||||||||||
SHARES CREATED AND REDEEMED: |
| |||||||||||||||||||||||
Shares outstanding, beginning of period | 50,000 | 3 | 270,000 | 100,000 | 22,500,000 | 22,850,000 | ||||||||||||||||||
Shares created | 100,000 | 50,000 | — | 170,000 | 11,650,000 | 20,350,000 | ||||||||||||||||||
Shares redeemed | — | (3 | ) | (110,000 | ) | — | (12,450,000 | ) | (20,700,000 | ) | ||||||||||||||
Shares outstanding, end of period | 150,000 | 50,000 | 160,000 | 270,000 | 21,700,000 | 22,500,000 | ||||||||||||||||||
* Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market. |
| |||||||||||||||||||||||
See Notes to Financial Statements.
| 138 | WisdomTree Trust |
Statements of Changes in Net Assets (concluded)
WisdomTree Trust
WisdomTree Cybersecurity Fund | ||||||||
| For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | |||||||
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS: |
| |||||||
Net investment income (loss) | $ | (79,073 | ) | $ | 183,248 | |||
Net realized gain (loss) on investments and foreign currency related transactions | (5,038,297 | ) | 1,284,806 | |||||
Net increase (decrease) in unrealized appreciation/depreciation on investments and translation of assets and liabilities denominated in foreign currencies | 7,664,987 | (16,325,428 | ) | |||||
Net increase (decrease) in net assets resulting from operations | 2,547,617 | (14,857,374 | ) | |||||
DISTRIBUTIONS TO SHAREHOLDERS: |
| |||||||
Distributable earnings | (7,191 | ) | (177,112 | ) | ||||
CAPITAL SHARE TRANSACTIONS: |
| |||||||
Net proceeds from sale of shares | 761,578 | 33,409,139 | ||||||
Cost of shares redeemed | (4,134,087 | ) | (12,487,363 | ) | ||||
Net increase (decrease) in net assets resulting from capital share transactions | (3,372,509 | ) | 20,921,776 | |||||
Net Increase (Decrease) in Net Assets | (832,083 | ) | 5,887,290 | |||||
NET ASSETS: |
| |||||||
Beginning of year | $ | 32,761,911 | $ | 26,874,621 | ||||
End of year | $ | 31,929,828 | $ | 32,761,911 | ||||
SHARES CREATED AND REDEEMED: |
| |||||||
Shares outstanding, beginning of year | 1,840,000 | 1,100,000 | ||||||
Shares created | 40,000 | 1,290,000 | ||||||
Shares redeemed | (230,000 | ) | (550,000 | ) | ||||
Shares outstanding, end of year | 1,650,000 | 1,840,000 | ||||||
See Notes to Financial Statements.
| WisdomTree Trust | 139 |
WisdomTree Trust
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
WisdomTree Dynamic Currency Hedged International Equity Fund | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Year Ended June 30, 2021 | For the Year Ended June 30, 2020 | For the Year Ended June 30, 2019 | |||||||||||||||
Net asset value, beginning of year | $ | 27.78 | $ | 30.50 | $ | 25.40 | $ | 28.84 | $ | 28.96 | ||||||||||
Investment operations: |
| |||||||||||||||||||
Net investment income1 | 1.36 | 1.34 | 0.91 | 0.80 | 1.04 | |||||||||||||||
Net realized and unrealized gain (loss) | 3.31 | (2.54 | ) | 5.27 | (3.44 | ) | (0.17 | ) | ||||||||||||
Total from investment operations | 4.67 | (1.20 | ) | 6.18 | (2.64 | ) | 0.87 | |||||||||||||
Dividends to shareholders: |
| |||||||||||||||||||
Net investment income | (1.29 | ) | (1.52 | ) | (1.08 | ) | (0.80 | ) | (0.99 | ) | ||||||||||
Net asset value, end of year | $ | 31.16 | $ | 27.78 | $ | 30.50 | $ | 25.40 | $ | 28.84 | ||||||||||
TOTAL RETURN2 | 17.18 | % | (4.12 | )% | 24.76 | % | (9.34 | )%3 | 3.11 | % | ||||||||||
RATIOS/SUPPLEMENTAL DATA: |
| |||||||||||||||||||
Net assets, end of year (000’s omitted) | $ | 241,457 | $ | 168,070 | $ | 161,660 | $ | 198,145 | $ | 252,362 | ||||||||||
Ratios to average net assets of: |
| |||||||||||||||||||
Expenses, net of expense waivers | 0.41 | %4 | 0.41 | %4 | 0.39 | % | 0.35 | % | 0.35 | % | ||||||||||
Expenses, prior to expense waivers | 0.41 | %4 | 0.41 | %4 | 0.40 | % | 0.40 | % | 0.40 | % | ||||||||||
Net investment income | 4.56 | % | 4.41 | % | 3.26 | % | 2.87 | % | 3.68 | % | ||||||||||
Portfolio turnover rate5 | 29 | % | 35 | % | 38 | % | 17 | % | 26 | % | ||||||||||
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Year Ended June 30, 2021 | For the Year Ended June 30, 2020 | For the Year Ended June 30, 2019 | |||||||||||||||
Net asset value, beginning of year | $ | 29.80 | $ | 34.45 | $ | 26.22 | $ | 29.60 | $ | 31.50 | ||||||||||
Investment operations: |
| |||||||||||||||||||
Net investment income1 | 1.55 | 1.37 | 0.88 | 0.88 | 1.12 | |||||||||||||||
Net realized and unrealized gain (loss) | 1.40 | (4.65 | ) | 8.46 | (3.39 | ) | (2.29 | ) | ||||||||||||
Total from investment operations | 2.95 | (3.28 | ) | 9.34 | (2.51 | ) | (1.17 | ) | ||||||||||||
Dividends and distributions to shareholders: |
| |||||||||||||||||||
Net investment income | (1.31 | ) | (1.37 | ) | (1.11 | ) | (0.87 | ) | (0.73 | ) | ||||||||||
Capital gains | (0.34 | ) | — | — | — | — | ||||||||||||||
Total dividends and distributions to shareholders | (1.65 | ) | (1.37 | ) | (1.11 | ) | (0.87 | ) | (0.73 | ) | ||||||||||
Net asset value, end of year | $ | 31.10 | $ | 29.80 | $ | 34.45 | $ | 26.22 | $ | 29.60 | ||||||||||
TOTAL RETURN2 | 10.27 | % | (9.78 | )% | 36.12 | % | (8.70 | )%6 | (3.70 | )% | ||||||||||
RATIOS/SUPPLEMENTAL DATA: |
| |||||||||||||||||||
Net assets, end of year (000’s omitted) | $ | 177,298 | $ | 58,118 | $ | 41,336 | $ | 38,015 | $ | 34,041 | ||||||||||
Ratios to average net assets of: |
| |||||||||||||||||||
Expenses, net of expense waivers | 0.49 | %7 | 0.49 | %7 | 0.47 | % | 0.43 | % | 0.43 | % | ||||||||||
Expenses, prior to expense waivers | 0.49 | %7 | 0.49 | %7 | 0.48 | % | 0.48 | % | 0.48 | % | ||||||||||
Net investment income | 5.05 | % | 4.06 | % | 2.86 | % | 3.08 | % | 3.77 | % | ||||||||||
Portfolio turnover rate5 | 48 | % | 48 | % | 60 | % | 25 | % | 55 | % | ||||||||||
| 1 | Based on average shares outstanding. |
| 2 | Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3). |
| 3 | Includes a voluntary reimbursement from the sub-advisor for investment losses on certain foreign exchange transactions during the period. Excluding this voluntary reimbursement, total return would have been 0.11% lower. |
| 4 | Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.40%. |
| 5 | Portfolio turnover rate excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation. |
| 6 | Includes a voluntary reimbursement from the sub-advisor for investment losses on certain foreign exchange transactions during the period. Excluding this voluntary reimbursement, total return would have been 0.14% lower. |
| 7 | Included in the expense ratio are “Other fees” described in Note 6. Without these expenses, the expense ratio would have been 0.48%. |
See Notes to Financial Statements.
| 140 | WisdomTree Trust |
Financial Highlights (continued)
WisdomTree Trust
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Emerging Markets ESG Fund | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Year Ended June 30, 2021 | For the Year Ended June 30, 20201 | For the Year Ended June 30, 2019 | |||||||||||||||
Net asset value, beginning of year | $ | 28.31 | $ | 39.34 | $ | 27.90 | $ | 31.47 | $ | 30.95 | ||||||||||
Investment operations: |
| |||||||||||||||||||
Net investment income2 | 0.69 | 0.99 | 0.62 | 0.93 | 1.21 | |||||||||||||||
Net realized and unrealized gain (loss) | 0.31 | (11.07 | ) | 11.50 | (3.44 | ) | 0.38 | |||||||||||||
Total from investment operations | 1.00 | (10.08 | ) | 12.12 | (2.51 | ) | 1.59 | |||||||||||||
Dividends to shareholders: |
| |||||||||||||||||||
Net investment income | (0.91 | ) | (0.95 | ) | (0.68 | ) | (1.06 | ) | (1.07 | ) | ||||||||||
Net asset value, end of year | $ | 28.40 | $ | 28.31 | $ | 39.34 | $ | 27.90 | $ | 31.47 | ||||||||||
TOTAL RETURN3 | 3.82 | % | (25.99 | )% | 43.82 | % | (8.19 | )% | 5.25 | % | ||||||||||
RATIOS/SUPPLEMENTAL DATA: |
| |||||||||||||||||||
Net assets, end of year (000’s omitted) | $ | 22,718 | $ | 25,481 | $ | 35,404 | $ | 33,482 | $ | 50,353 | ||||||||||
Ratios to average net assets of: |
| |||||||||||||||||||
Expenses | 0.32 | % | 0.32 | % | 0.32 | %4,5 | 0.32 | % | 0.32 | % | ||||||||||
Net investment income | 2.51 | % | 2.88 | % | 1.79 | %4 | 3.13 | % | 3.97 | % | ||||||||||
Portfolio turnover rate6 | 48 | % | 57 | % | 69 | % | 130 | %1 | 26 | % | ||||||||||
| WisdomTree Emerging Markets ex-China Fund | For the Period September 22, 2022* through June 30, 2023 | |||
Net asset value, beginning of period | $ | 24.73 | ||
Investment operations: |
| |||
Net investment income2 | 0.34 | |||
Net realized and unrealized gain | 2.51 | |||
Total from investment operations | 2.85 | |||
Dividends to shareholders: |
| |||
Net investment income | (0.24 | ) | ||
Net asset value, end of period | $ | 27.34 | ||
TOTAL RETURN3 | 11.59 | % | ||
RATIOS/SUPPLEMENTAL DATA: |
| |||
Net assets, end of period (000’s omitted) | $ | 16,405 | ||
Ratios to average net assets of: |
| |||
Expenses | 0.32 | %7 | ||
Net investment income | 1.70 | %7 | ||
Portfolio turnover rate6 | 85 | % | ||
| * | Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market. |
| 1 | The information reflects the investment objective and strategy of the WisdomTree Emerging Markets Dividend Fund through March 15, 2020 and the investment objective and strategy of the WisdomTree Emerging Markets ESG Fund thereafter. The increase in the portfolio turnover rate was primarily a result of the aforementioned investment objective and strategy change. |
| 2 | Based on average shares outstanding. |
| 3 | Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees for the WisdomTree Emerging Markets ESG Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3). |
| 4 | The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests. |
| 5 | The expense ratio includes investment advisory fee waivers. Without these investment advisory fee waivers, the expense ratio would have been unchanged. |
| 6 | Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation. |
| 7 | Annualized. |
See Notes to Financial Statements.
| WisdomTree Trust | 141 |
Financial Highlights (continued)
WisdomTree Trust
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree International ESG Fund | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Year Ended June 30, 2021 | For the Year Ended June 30, 20201 | For the Year Ended June 30, 2019 | |||||||||||||||
Net asset value, beginning of year | $ | 24.82 | $ | 30.78 | $ | 24.48 | $ | 23.96 | $ | 24.67 | ||||||||||
Investment operations: |
| |||||||||||||||||||
Net investment income2 | 0.86 | 0.87 | 0.51 | 0.46 | 0.49 | |||||||||||||||
Net realized and unrealized gain (loss) | 2.99 | (5.98 | ) | 6.52 | 0.73 | 3 | 0.02 | |||||||||||||
Total from investment operations | 3.85 | (5.11 | ) | 7.03 | 1.19 | 0.51 | ||||||||||||||
Dividends and distributions to shareholders: |
| |||||||||||||||||||
Net investment income | (0.81 | ) | (0.85 | ) | (0.73 | ) | (0.50 | ) | (0.29 | ) | ||||||||||
Capital gains | — | — | — | (0.17 | ) | (0.93 | ) | |||||||||||||
Total dividends and distributions to shareholders | (0.81 | ) | (0.85 | ) | (0.73 | ) | (0.67 | ) | (1.22 | ) | ||||||||||
Net asset value, end of year | $ | 27.86 | $ | 24.82 | $ | 30.78 | $ | 24.48 | $ | 23.96 | ||||||||||
TOTAL RETURN4 | 15.77 | % | (16.85 | )% | 28.94 | % | 4.88 | % | 2.56 | % | ||||||||||
RATIOS/SUPPLEMENTAL DATA: |
| |||||||||||||||||||
Net assets, end of year (000’s omitted) | $ | 11,144 | $ | 7,447 | $ | 7,694 | $ | 18,363 | $ | 28,749 | ||||||||||
Ratios to average net assets of: |
| |||||||||||||||||||
Expenses, net of expense waivers | 0.30 | % | 0.30 | % | 0.30 | % | 0.15 | %5 | 0.10 | %5 | ||||||||||
Expenses, prior to expense waivers | 0.30 | % | 0.30 | % | 0.30 | % | 0.52 | %5 | 0.58 | %5 | ||||||||||
Net investment income | 3.31 | % | 2.96 | % | 1.86 | % | 1.89 | %5 | 2.10 | %5 | ||||||||||
Portfolio turnover rate6 | 74 | % | 87 | % | 80 | % | 112 | %1 | 6 | % | ||||||||||
| WisdomTree U.S. Corporate Bond Fund | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Year Ended June 30, 2021 | For the Year Ended June 30, 2020 | For the Year Ended June 30, 2019 | |||||||||||||||
Net asset value, beginning of year | $ | 45.21 | $ | 54.48 | $ | 54.40 | $ | 51.09 | $ | 47.79 | ||||||||||
Investment operations: |
| |||||||||||||||||||
Net investment income2 | 1.63 | 1.25 | 1.23 | 1.42 | 1.59 | |||||||||||||||
Net realized and unrealized gain (loss) | (0.91 | ) | (9.18 | ) | 0.25 | 3 | 3.37 | 3.28 | ||||||||||||
Total from investment operations | 0.72 | (7.93 | ) | 1.48 | 4.79 | 4.87 | ||||||||||||||
Dividends and distributions to shareholders: |
| |||||||||||||||||||
Net investment income | (2.16 | ) | (1.24 | ) | (1.21 | ) | (1.48 | ) | (1.57 | ) | ||||||||||
Capital gains | — | (0.10 | ) | (0.19 | ) | — | — | |||||||||||||
Total dividends and distributions to shareholders | (2.16 | ) | (1.34 | ) | (1.40 | ) | (1.48 | ) | (1.57 | ) | ||||||||||
Net asset value, end of year | $ | 43.77 | $ | 45.21 | $ | 54.48 | $ | 54.40 | $ | 51.09 | ||||||||||
TOTAL RETURN4 | 1.69 | % | (14.83 | )% | 2.75 | % | 9.54 | % | 10.44 | % | ||||||||||
RATIOS/SUPPLEMENTAL DATA: |
| |||||||||||||||||||
Net assets, end of year (000’s omitted) | $ | 8,755 | $ | 40,685 | $ | 49,028 | $ | 38,077 | $ | 5,109 | ||||||||||
Ratios to average net assets of: |
| |||||||||||||||||||
Expenses, net of expense waivers | 0.18 | % | 0.18 | % | 0.18 | %7 | 0.18 | % | 0.18 | % | ||||||||||
Expenses, prior to expense waivers | 0.18 | % | 0.18 | % | 0.21 | % | 0.28 | % | 0.28 | % | ||||||||||
Net investment income | 3.63 | % | 2.42 | % | 2.27 | % | 2.71 | % | 3.29 | % | ||||||||||
Portfolio turnover rate6 | 41 | % | 52 | % | 36 | % | 25 | % | 22 | % | ||||||||||
| 1 | The information reflects the investment objective and strategy of the WisdomTree Dynamic Currency Hedged International Quality Dividend Growth Fund through March 15, 2020 and the investment objective and strategy of the WisdomTree International ESG Fund thereafter. The increase in the portfolio turnover rate was primarily a result of the aforementioned investment objective and strategy change. |
| 2 | Based on average shares outstanding. |
| 3 | The amount of net realized and unrealized gain per share does not correspond with the amounts reported within the Statements of Changes due to the timing of capital share transactions of Fund shares and fluctuating market values during the fiscal year. |
| 4 | Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3). |
| 5 | The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests. |
| 6 | Portfolio turnover rate excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation. |
| 7 | The investment advisor had contractually agreed to limit the advisory fee to 0.18% through October 31, 2020. On October 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.18%. |
See Notes to Financial Statements.
| 142 | WisdomTree Trust |
Financial Highlights (continued)
WisdomTree Trust
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree U.S. High Yield Corporate Bond Fund | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Year Ended June 30, 2021 | For the Year Ended June 30, 2020 | For the Year Ended June 30, 2019 | |||||||||||||||
Net asset value, beginning of year | $ | 43.92 | $ | 52.79 | $ | 48.53 | $ | 51.51 | $ | 49.77 | ||||||||||
Investment operations: |
| |||||||||||||||||||
Net investment income1 | 2.60 | 2.20 | 2.32 | 2.64 | 2.84 | |||||||||||||||
Net realized and unrealized gain (loss) | 0.16 | (8.92 | ) | 4.28 | (3.00 | ) | 1.69 | |||||||||||||
Total from investment operations | 2.76 | (6.72 | ) | 6.60 | (0.36 | ) | 4.53 | |||||||||||||
Dividends and distributions to shareholders: | ||||||||||||||||||||
Net investment income | (2.60 | ) | (2.15 | ) | (2.34 | ) | (2.62 | ) | (2.75 | ) | ||||||||||
Capital gains | — | — | — | — | (0.04 | ) | ||||||||||||||
Tax return of capital | — | — | — | (0.00 | )2 | — | ||||||||||||||
Total dividends and distributions to shareholders | (2.60 | ) | (2.15 | ) | (2.34 | ) | (2.62 | ) | (2.79 | ) | ||||||||||
Net asset value, end of year | $ | 44.08 | $ | 43.92 | $ | 52.79 | $ | 48.53 | $ | 51.51 | ||||||||||
TOTAL RETURN3 | 6.42 | % | (13.16 | )% | 13.84 | % | (0.72 | )% | 9.43 | % | ||||||||||
RATIOS/SUPPLEMENTAL DATA: |
| |||||||||||||||||||
Net assets, end of year (000’s omitted) | $ | 207,193 | $ | 171,295 | $ | 158,359 | $ | 63,083 | $ | 15,453 | ||||||||||
Ratios to average net assets of: |
| |||||||||||||||||||
Expenses, net of expense waivers | 0.38 | % | 0.38 | % | 0.38 | %4 | 0.38 | % | 0.38 | % | ||||||||||
Expenses, prior to expense waivers | 0.38 | % | 0.38 | % | 0.41 | % | 0.48 | % | 0.48 | % | ||||||||||
Net investment income | 5.85 | % | 4.36 | % | 4.51 | % | 5.32 | % | 5.68 | % | ||||||||||
Portfolio turnover rate5 | 22 | % | 24 | % | 21 | % | 22 | % | 14 | % | ||||||||||
| WisdomTree U.S. Short-Term Corporate Bond Fund | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Year Ended June 30, 2021 | For the Year Ended June 30, 2020 | For the Year Ended June 30, 2019 | |||||||||||||||
Net asset value, beginning of year | $ | 47.51 | $ | 51.48 | $ | 51.58 | $ | 50.43 | $ | 49.03 | ||||||||||
Investment operations: |
| |||||||||||||||||||
Net investment income1 | 1.39 | 0.68 | 0.75 | 1.23 | 1.24 | |||||||||||||||
Net realized and unrealized gain (loss) | (0.65 | ) | (3.82 | ) | 0.06 | 6 | 1.13 | 6 | 1.39 | |||||||||||
Net increase from payment by affiliate | 0.00 | 2 | — | — | — | — | ||||||||||||||
Total from investment operations | 0.74 | (3.14 | ) | 0.81 | 2.36 | 2.63 | ||||||||||||||
Dividends and distributions to shareholders: |
| |||||||||||||||||||
Net investment income | (1.42 | ) | (0.62 | ) | (0.75 | ) | (1.21 | ) | (1.23 | ) | ||||||||||
Capital gains | — | (0.21 | ) | (0.16 | ) | — | — | |||||||||||||
Total dividends and distributions to shareholders | (1.42 | ) | (0.83 | ) | (0.91 | ) | (1.21 | ) | (1.23 | ) | ||||||||||
Net asset value, end of year | $ | 46.83 | $ | 47.51 | $ | 51.48 | $ | 51.58 | $ | 50.43 | ||||||||||
TOTAL RETURN3 | 1.59 | %7 | (6.18 | )% | 1.59 | % | 4.75 | % | 5.44 | % | ||||||||||
RATIOS/SUPPLEMENTAL DATA: |
| |||||||||||||||||||
Net assets, end of year (000’s omitted) | $ | 37,463 | $ | 42,757 | $ | 30,886 | $ | 20,632 | $ | 5,043 | ||||||||||
Ratios to average net assets of: |
| |||||||||||||||||||
Expenses, net of expense waivers | 0.18 | % | 0.18 | % | 0.18 | %8 | 0.18 | % | 0.18 | % | ||||||||||
Expenses, prior to expense waivers | 0.18 | % | 0.18 | % | 0.21 | % | 0.28 | % | 0.28 | % | ||||||||||
Net investment income | 2.95 | % | 1.36 | % | 1.46 | % | 2.43 | % | 2.50 | % | ||||||||||
Portfolio turnover rate5 | 42 | % | 55 | % | 47 | % | 43 | % | 28 | % | ||||||||||
| 1 | Based on average shares outstanding. |
| 2 | Amount represents less than $0.005. |
| 3 | Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. For the periods in which the investment advisor waived advisory fees, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3). |
| 4 | The investment advisor had contractually agreed to limit the advisory fee to 0.38% through October 31, 2020. On October 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.38%. |
| 5 | Portfolio turnover rate excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation. |
| 6 | The amount of net realized and unrealized gain per share does not correspond with the amounts reported within the Statements of Changes due to the timing of capital share transactions of Fund shares and fluctuating market values during the fiscal year. |
| 7 | Includes a reimbursement from the sub-advisor for an operational error. Excluding this reimbursement, total return would have been unchanged (Note 3). |
| 8 | The investment advisor had contractually agreed to limit the advisory fee to 0.18% through October 31, 2020. On October 31, 2020, the contractual waiver expired and the advisory fee was permanently reduced to 0.18%. |
See Notes to Financial Statements.
| WisdomTree Trust | 143 |
Financial Highlights (continued)
WisdomTree Trust
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Emerging Markets Efficient Core Fund | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Period May 20, 2021* through June 30, 2021 | |||||||||
Net asset value, beginning of period | $ | 28.63 | $ | 41.51 | $ | 39.75 | ||||||
Investment operations: |
| |||||||||||
Net investment income1 | 0.78 | 0.82 | 0.13 | |||||||||
Net realized and unrealized gain (loss) | (0.97 | ) | (12.71 | ) | 1.69 | |||||||
Net increase from payment by affiliate | 0.00 | 2 | — | — | ||||||||
Total from investment operations | (0.19 | ) | (11.89 | ) | 1.82 | |||||||
Dividends and distributions to shareholders: |
| |||||||||||
Net investment income | (0.83 | ) | (0.73 | ) | (0.06 | ) | ||||||
Capital gains | — | (0.26 | ) | — | ||||||||
Total dividends and distributions to shareholders | (0.83 | ) | (0.99 | ) | (0.06 | ) | ||||||
Net asset value, end of period | $ | 27.61 | $ | 28.63 | $ | 41.51 | ||||||
TOTAL RETURN3 | (0.41 | )%4 | (29.06 | )% | 4.58 | % | ||||||
RATIOS/SUPPLEMENTAL DATA: |
| |||||||||||
Net assets, end of period (000’s omitted) | $ | 52,464 | $ | 34,352 | $ | 2,075 | ||||||
Ratios to average net assets of: |
| |||||||||||
Expenses, net of expense waivers | 0.32 | % | 0.32 | %5 | 0.31 | %5,6 | ||||||
Expenses, prior to expense waivers | 0.32 | % | 0.32 | %5 | 0.32 | %5,6 | ||||||
Net investment income | 2.87 | % | 2.52 | %5 | 2.68 | %5,6 | ||||||
Portfolio turnover rate7 | 12 | % | 102 | % | 3 | % | ||||||
| WisdomTree International Efficient Core Fund | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Period May 20, 2021* through June 30, 2021 | |||||||||
Net asset value, beginning of period | $ | 30.93 | $ | 39.98 | $ | 39.43 | ||||||
Investment operations: |
| |||||||||||
Net investment income1 | 0.92 | 1.19 | 0.09 | |||||||||
Net realized and unrealized gain (loss) | 3.15 | (9.26 | ) | 0.50 | 8 | |||||||
Total from investment operations | 4.07 | (8.07 | ) | 0.59 | ||||||||
Dividends and distributions to shareholders: |
| |||||||||||
Net investment income | (0.76 | ) | (0.96 | ) | (0.04 | ) | ||||||
Capital gains | — | (0.02 | ) | — | ||||||||
Total dividends and distributions to shareholders | (0.76 | ) | (0.98 | ) | (0.04 | ) | ||||||
Net asset value, end of period | $ | 34.24 | $ | 30.93 | $ | 39.98 | ||||||
TOTAL RETURN3 | 13.35 | % | (20.44 | )% | 1.50 | % | ||||||
RATIOS/SUPPLEMENTAL DATA: |
| |||||||||||
Net assets, end of period (000’s omitted) | $ | 253,357 | $ | 75,767 | $ | 1,999 | ||||||
Ratios to average net assets of: |
| |||||||||||
Expenses | 0.26 | % | 0.26 | % | 0.26 | %6 | ||||||
Net investment income | 2.82 | % | 3.30 | % | 1.94 | %6 | ||||||
Portfolio turnover rate7 | 5 | % | 13 | % | 0 | % | ||||||
| * | Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market. |
| 1 | Based on average shares outstanding. |
| 2 | Amount represents less than $0.005. |
| 3 | Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. For the periods in which the investment advisor waived advisory fees for the WisdomTree Emerging Markets Efficient Core Fund, the total return would have been lower if certain expenses had not been waived (Notes 2 and 3). |
| 4 | Includes a reimbursement from the sub-advisor for an operational error. Excluding this reimbursement, total return would have been unchanged (Note 3). |
| 5 | The ratios to average net assets do not include net investment income (loss) or expenses of other funds in which the Fund invests. |
| 6 | Annualized. |
| 7 | Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation. |
| 8 | The amount of net realized and unrealized gain per share does not correspond with the amounts reported within the Statements of Changes due to the timing of capital share transactions of Fund shares and fluctuating market values during the fiscal year. |
See Notes to Financial Statements.
| 144 | WisdomTree Trust |
Financial Highlights (continued)
WisdomTree Trust
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree U.S. Efficient Core Fund | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Year Ended June 30, 2021 | For the Year Ended June 30, 2020 | For the Period August 2, 2018* through June 30, 2019 | |||||||||||||||
Net asset value, beginning of period | $ | 33.36 | $ | 40.57 | $ | 30.60 | $ | 27.14 | $ | 25.08 | ||||||||||
Investment operations: |
| |||||||||||||||||||
Net investment income1 | 0.45 | 0.42 | 0.41 | 0.45 | 0.38 | |||||||||||||||
Net realized and unrealized gain (loss) | 3.73 | (7.23 | ) | 9.95 | 3.39 | 2.01 | ||||||||||||||
Total from investment operations | 4.18 | (6.81 | ) | 10.36 | 3.84 | 2.39 | ||||||||||||||
Dividends and distributions to shareholders: |
| |||||||||||||||||||
Net investment income | (0.45 | ) | (0.40 | ) | (0.37 | ) | (0.27 | ) | (0.33 | ) | ||||||||||
Capital gains | — | — | (0.02 | ) | (0.11 | ) | — | |||||||||||||
Total dividends and distributions to shareholders | (0.45 | ) | (0.40 | ) | (0.39 | ) | (0.38 | ) | (0.33 | ) | ||||||||||
Net asset value, end of period | $ | 37.09 | $ | 33.36 | $ | 40.57 | $ | 30.60 | $ | 27.14 | ||||||||||
TOTAL RETURN2 | 12.68 | % | (16.95 | )% | 34.04 | % | 14.25 | % | 9.64 | % | ||||||||||
RATIOS/SUPPLEMENTAL DATA: |
| |||||||||||||||||||
Net assets, end of year (000’s omitted) | $ | 852,996 | $ | 695,605 | $ | 519,284 | $ | 238,679 | $ | 5,428 | ||||||||||
Ratios to average net assets of: |
| |||||||||||||||||||
Expenses | 0.20 | % | 0.20 | % | 0.20 | % | 0.20 | % | 0.20 | %3 | ||||||||||
Net investment income | 1.32 | % | 1.05 | % | 1.12 | % | 1.57 | % | 1.68 | %3 | ||||||||||
Portfolio turnover rate4 | 7 | % | 7 | % | 9 | % | 13 | % | 11 | % | ||||||||||
| WisdomTree Artificial Intelligence and Innovation Fund | For the Year Ended June 30, 2023 | For the Period December 9, 2021* through June 30, 2022 | ||||||
Net asset value, beginning of period | $ | 15.04 | $ | 25.22 | ||||
Investment operations: |
| |||||||
Net investment income1 | 0.07 | 0.03 | ||||||
Net realized and unrealized gain (loss) | 3.94 | (10.21 | ) | |||||
Total from investment operations | 4.01 | (10.18 | ) | |||||
Dividends to shareholders: |
| |||||||
Net investment income | (0.03 | ) | — | |||||
Net asset value, end of period | $ | 19.02 | $ | 15.04 | ||||
TOTAL RETURN2 | 26.74 | % | (40.36 | )% | ||||
RATIOS/SUPPLEMENTAL DATA: | ||||||||
Net assets, end of period (000’s omitted) | $ | 122,673 | $ | 752 | ||||
Ratios to average net assets of: |
| |||||||
Expenses | 0.45 | % | 0.45 | %3 | ||||
Net investment income | 0.42 | % | 0.26 | %3 | ||||
Portfolio turnover rate4 | 26 | % | 11 | % | ||||
| * | Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market. |
| 1 | Based on average shares outstanding. |
| 2 | Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| 3 | Annualized. |
| 4 | Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation. |
See Notes to Financial Statements.
| WisdomTree Trust | 145 |
Financial Highlights (continued)
WisdomTree Trust
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Battery Value Chain and Innovation Fund | For the Year Ended June 30, 2023 | For the Period February 17, 2022* through June 30, 2022 | ||||||
Net asset value, beginning of period | $ | 34.74 | $ | 40.49 | ||||
Investment operations: |
| |||||||
Net investment income1 | 0.53 | 0.22 | ||||||
Net realized and unrealized loss | (0.34 | ) | (5.97 | ) | ||||
Total from investment operations | 0.19 | (5.75 | ) | |||||
Dividends to shareholders: |
| |||||||
Net investment income | (0.15 | ) | — | |||||
Net asset value, end of period | $ | 34.78 | $ | 34.74 | ||||
TOTAL RETURN2 | 0.58 | % | (14.20 | )% | ||||
RATIOS/SUPPLEMENTAL DATA: |
| |||||||
Net assets, end of period (000’s omitted) | $ | 5,217 | $ | 1,737 | ||||
Ratios to average net assets of: |
| |||||||
Expenses | 0.45 | % | 0.45 | %3 | ||||
Net investment income | 1.54 | % | 1.56 | %3 | ||||
Portfolio turnover rate4 | 95 | % | 48 | % | ||||
| WisdomTree BioRevolution Fund | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Period June 3, 2021* through June 30, 2021 | |||||||||
Net asset value, beginning of period | $ | 17.36 | $ | 26.65 | $ | 25.03 | ||||||
Investment operations: |
| |||||||||||
Net investment income (loss)1 | 0.11 | 0.08 | (0.00 | )5 | ||||||||
Net realized and unrealized gain (loss) | 0.00 | 5 | (9.34 | ) | 1.62 | |||||||
Total from investment operations | 0.11 | (9.26 | ) | 1.62 | ||||||||
Dividends to shareholders: |
| |||||||||||
Net investment income | (0.07 | ) | (0.03 | ) | — | |||||||
Net asset value, end of period | $ | 17.40 | $ | 17.36 | $ | 26.65 | ||||||
TOTAL RETURN2 | 0.61 | % | (34.79 | )% | 6.47 | % | ||||||
RATIOS/SUPPLEMENTAL DATA: |
| |||||||||||
Net assets, end of period (000’s omitted) | $ | 2,783 | $ | 4,688 | $ | 2,665 | ||||||
Ratios to average net assets of: |
| |||||||||||
Expenses | 0.45 | % | 0.45 | % | 0.45 | %3 | ||||||
Net investment income (loss) | 0.60 | % | 0.36 | % | (0.07 | )%3 | ||||||
Portfolio turnover rate4 | 34 | % | 17 | % | 0 | % | ||||||
| * | Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market. |
| 1 | Based on average shares outstanding. |
| 2 | Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| 3 | Annualized. |
| 4 | Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation. |
| 5 | Amount represents less than $0.005. |
See Notes to Financial Statements.
| 146 | WisdomTree Trust |
Financial Highlights (concluded)
WisdomTree Trust
Selected data for a share of beneficial interest outstanding throughout the period is presented below:
| WisdomTree Cloud Computing Fund | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Year Ended June 30, 2021 | For the Period September 6, 2019* through June 30, 2020 | ||||||||||||
Net asset value, beginning of period | $ | 28.03 | $ | 55.89 | $ | 38.96 | $ | 25.06 | ||||||||
Investment operations: | ||||||||||||||||
Net investment loss1 | (0.11 | ) | (0.21 | ) | (0.22 | ) | (0.11 | ) | ||||||||
Net realized and unrealized gain (loss) | 3.81 | (27.65 | ) | 17.15 | 14.01 | |||||||||||
Total from investment operations | 3.70 | (27.86 | ) | 16.93 | 13.90 | |||||||||||
Net asset value, end of period | $ | 31.73 | $ | 28.03 | $ | 55.89 | $ | 38.96 | ||||||||
TOTAL RETURN2 | 13.20 | % | (49.85 | )% | 43.45 | % | 55.47 | % | ||||||||
RATIOS/SUPPLEMENTAL DATA: | ||||||||||||||||
Net assets, end of period (000’s omitted) | $ | 688,573 | $ | 630,651 | $ | 1,277,042 | $ | 420,771 | ||||||||
Ratios to average net assets of: | ||||||||||||||||
Expenses | 0.45 | % | 0.45 | % | 0.45 | % | 0.45 | %3 | ||||||||
Net investment loss | (0.38 | )% | (0.44 | )% | (0.44 | )% | (0.43 | )%3 | ||||||||
Portfolio turnover rate4 | 41 | % | 50 | % | 40 | % | 8 | % | ||||||||
| WisdomTree Cybersecurity Fund | For the Year Ended June 30, 2023 | For the Year Ended June 30, 2022 | For the Period January 28, 2021* through June 30, 2021 | |||||||||
Net asset value, beginning of period | $ | 17.81 | $ | 24.43 | $ | 24.17 | ||||||
Investment operations: | ||||||||||||
Net investment income (loss)1 | (0.05 | ) | 0.12 | (0.01 | ) | |||||||
Net realized and unrealized gain (loss) | 1.59 | (6.63 | ) | 0.27 | ||||||||
Total from investment operations | 1.54 | (6.51 | ) | 0.26 | ||||||||
Dividends to shareholders: | ||||||||||||
Net investment income | (0.00 | )5 | (0.11 | ) | — | |||||||
Net asset value, end of period | $ | 19.35 | $ | 17.81 | $ | 24.43 | ||||||
TOTAL RETURN2 | 8.68 | % | (26.79 | )% | 1.08 | % | ||||||
RATIOS/SUPPLEMENTAL DATA: | ||||||||||||
Net assets, end of period (000’s omitted) | $ | 31,930 | $ | 32,762 | $ | 26,875 | ||||||
Ratios to average net assets of: | ||||||||||||
Expenses | 0.45 | % | 0.45 | % | 0.45 | %3 | ||||||
Net investment income (loss) | (0.26 | )% | 0.49 | % | (0.16 | )%3 | ||||||
Portfolio turnover rate4 | 45 | % | 56 | % | 18 | % | ||||||
| * | Commencement of operations. The commencement of operations date is considered to be the date that the Fund began trading in the secondary market. |
| 1 | Based on average shares outstanding. |
| 2 | Total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period and redemption on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
| 3 | Annualized. |
| 4 | Portfolio turnover rate is not annualized for fiscal periods less than one year and excludes the value of the portfolio securities received or delivered as a result of in-kind creations or redemptions of the Fund’s capital shares. Short-term securities with maturities less than or equal to 365 days are excluded from the portfolio turnover calculation. |
| 5 | Amount represents less than $0.005. |
See Notes to Financial Statements.
| WisdomTree Trust | 147 |
1. ORGANIZATION
WisdomTree Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust was established as a Delaware statutory trust on December 15, 2005 and is authorized to have multiple series of portfolios (each a “Fund”, collectively, the “Funds”). These notes relate only to the Funds listed below. In accordance with Accounting Standards Codification Topic 946, Financial Services-Investment Companies, each Fund listed below qualifies as an investment company and is applying the accounting and reporting guidance for investment companies.
| Fund | Commencement of Operations | |||
WisdomTree Dynamic Currency Hedged International Equity Fund (“Dynamic Currency Hedged International Equity Fund” and also referred to herein as “Currency Hedged Equity Fund”) | January 7, 2016 | |||
WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (“Dynamic Currency Hedged International SmallCap Equity Fund” and also referred to herein as “Currency Hedged Equity Fund”) | January 7, 2016 | |||
WisdomTree Emerging Markets ESG Fund (“Emerging Markets ESG Fund”) | April 7, 2016 | |||
WisdomTree Emerging Markets ex-China Fund (“Emerging Markets ex-China Fund”) | September 22, 2022 | |||
WisdomTree International ESG Fund (“International ESG Fund”) | November 3, 2016 | |||
WisdomTree U.S. Corporate Bond Fund (“U.S. Corporate Bond Fund”) | April 27, 2016 | |||
WisdomTree U.S. High Yield Corporate Bond Fund (“U.S. High Yield Corporate Bond Fund”) | April 27, 2016 | |||
WisdomTree U.S. Short-Term Corporate Bond Fund (“U.S. Short-Term Corporate Bond Fund”) | April 27, 2016 | |||
WisdomTree Emerging Markets Efficient Core Fund (“Emerging Markets Efficient Core Fund”) | May 20, 2021 | |||
WisdomTree International Efficient Core Fund (“International Efficient Core Fund”) | May 20, 2021 | |||
WisdomTree U.S. Efficient Core Fund (“U.S. Efficient Core Fund”) | August 2, 2018 | |||
WisdomTree Artificial Intelligence and Innovation Fund (“Artificial Intelligence and Innovation Fund”) | December 9, 2021 | |||
WisdomTree Battery Value Chain and Innovation Fund (“Battery Value Chain and Innovation Fund”) | February 17, 2022 | |||
WisdomTree BioRevolution Fund (“BioRevolution Fund”) | June 3, 2021 | |||
WisdomTree Cloud Computing Fund (“Cloud Computing Fund”) | September 6, 2019 | |||
WisdomTree Cybersecurity Fund (“Cybersecurity Fund”) | January 28, 2021 | |||
Each Fund, except the Emerging Markets ESG Fund, International ESG Fund, Emerging Markets Efficient Core Fund, International Efficient Core Fund and U.S. Efficient Core Fund, seeks to track the price and yield performance, before fees and expenses, of a particular index (“Index”) developed by WisdomTree, Inc. (“WisdomTree”) or an Index developed by a third party. The Emerging Markets ESG Fund, International ESG Fund, Emerging Markets Efficient Core Fund, International Efficient Core Fund and U.S. Efficient Core Fund are actively managed using a model-based approach. WisdomTree is the parent company of WisdomTree Asset Management, Inc. (“WTAM”), the investment adviser to each Fund and the Trust. “WisdomTree” is a registered trademark of WisdomTree and has been licensed for use by the Trust. Each Fund described herein is considered to be non-diversified as defined under the 1940 Act.
In the normal course of business, the Funds may enter into contracts that contain a variety of representations or that provide indemnification for certain liabilities. The Funds’ maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Funds that have not yet occurred. However, the Funds have not had prior claims or losses pursuant to these contracts and believe such exposure to be remote.
2. SIGNIFICANT ACCOUNTING POLICIES
The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (the “Codification”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants.
The following is a summary of significant accounting policies followed by the Funds:
Use of Estimates — The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in the net assets from operations during the reporting period. Actual results could differ from those estimates.
Investment Valuation — The net asset value (“NAV”) of each Fund’s shares is calculated each day a Fund is open for business as of the regularly scheduled close of regular trading on the New York Stock Exchange, normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). NAV per share is calculated by dividing a Fund’s net assets by the number of Fund shares outstanding. Each
| 148 | WisdomTree Trust |
Notes to Financial Statements (continued)
Fund issues and redeems shares at NAV only in large blocks of shares known as creation units, which only certain institutions (e.g., broker-dealers) may purchase or redeem. Shares of each Fund are listed on a national securities exchange and trade at market prices. Most investors will buy and sell shares in the secondary market through brokers. Because Fund shares trade at market prices rather than NAV, shares may trade at a price greater than NAV or less than NAV. In calculating each Fund’s NAV, investments are valued under policies approved by the Board of Trustees of the Trust (the “Board of Trustees”). Equity securities (including preferred stock) traded on any recognized U.S. or non-U.S. exchange are valued at the last sale price or official closing price on the exchange on which they are principally traded. Unlisted equity securities (including preferred stock) are valued at the last sale price or, if no sale price is available, at the mean between the highest bid and lowest ask price. Each Fund may invest in money market funds which are valued at their NAV per share and exchange-traded funds (“ETFs” or “ETF”) or exchange-traded notes (“ETNs” or “ETN”) which are valued at their last sale or official closing price on the exchange on which they are principally traded or at their NAV per share in instances where the ETF or ETN has not traded on its principal exchange. Fixed income securities (including short-term debt securities with remaining maturities of 60 days or less) generally are valued at current market quotations or mean prices obtained from broker-dealers or independent pricing service providers. Broker-dealers or independent pricing service providers, in determining the value of securities, may consider such factors as recent transactions, indications from yields and quoted prices from broker-dealers on similar securities, and market sentiment for the type of security. U.S. fixed income securities may be valued as of the announced closing time for such securities on any day that the Securities Industry and Financial Markets Association announces an early closing time. Foreign currency contracts that settle within two business days after the trade date (“Spot Contracts”) and foreign currency contracts having a settlement period greater than two business days after the trade date (“Forward Contracts”) are valued daily using WM/Reuters closing spot and forward rates, respectively, as of 4:00 p.m. London time. Futures contracts generally are valued at the settlement price, the price at which a futures contract settles once a given trading day has ended, on the primary exchange on which they trade.
Pursuant to Board-approved valuation procedures established by the Trust and WTAM, the Board has appointed WTAM as the Funds’ valuation designee (the “Valuation Designee”) to perform all fair valuations of the Funds’ portfolio investments, subject to the Board’s oversight. As the Valuation Designee, WTAM has established procedures for its fair valuation of a Fund’s portfolio investments. These procedures address, among other things, determining when market quotations are not readily available or reliable and the methodologies to be used for determining the fair value of investments, as well as the use and oversight of third-party pricing services for fair valuation. The Valuation Designee is comprised of senior representatives of WTAM and reports to the Board of Trustees on a quarterly basis. In the event that a financial instrument cannot be valued based upon a price from the exchange or system on which it is principally traded, independent pricing service provider or broker-dealer quotation, or such prices are deemed to not reflect current market value, the Valuation Designee may value the financial instrument in good faith under the policies and procedures approved by the Board of Trustees based on current facts and circumstances. Securities that may be valued using “fair value” pricing may include, but are not limited to, securities for which there are no current market quotations, securities whose issuer is in default or bankruptcy, securities subject to corporate actions (such as mergers or reorganizations), securities subject to non-U.S. investment limits or currency controls, and securities affected by “significant events”. An example of a significant event is an event occurring after the close of the market in which a security trades but before a Fund’s next NAV Calculation Time that may materially affect the value of a Fund’s investment (e.g., government action, natural disaster, or significant market fluctuation). When fair value pricing is employed, the prices of securities used by a Fund to calculate its NAV may differ from quoted or published prices for the same securities.
Fair Value Measurement — In accordance with Codification Topic 820 (“ASC 820”), Fair Value Measurements and Disclosures, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Valuation Designee will perform other procedures (consistent with GAAP) to value an investment when a market quote is not available. ASC 820 established a three-tier hierarchy of inputs to be used when determining fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk — for example, the risk inherent in a particular valuation technique used to measure fair value (such as a pricing model) and/or the risk inherent in the inputs to the valuation technique. Inputs may be observable or unobservable. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized in the three broad levels listed below:
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 each Fund’s assumptions in determining the fair value of investments)
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Notes to Financial Statements (continued)
The inputs or methodology used for valuation are not necessarily an indication of the risk associated with investing in those investments.
Investments that use Level 2 or Level 3 inputs may include, but are not limited to: (i) an unlisted security related to corporate actions; (ii) a restricted security (e.g., one that may not be publicly sold without registration under the Securities Act of 1933, as amended); (iii) a security whose trading has been suspended (either due to events affecting the issuer of the security specifically or events affecting the primary trading exchange more broadly) or which has been de-listed from its primary trading exchange; (iv) a security that is thinly traded; (v) a security in default or bankruptcy proceedings for which there is no current market quotation or market activity; (vi) a security affected by currency controls or restrictions; and (vii) a security affected by a significant event (e.g., an event that occurs after the close of the markets in which the security is traded but before the time as of which a Fund’s NAV is computed and that may materially affect the value of the Fund’s investments).
The valuation techniques and significant inputs used in determining the fair market value measurements for Level 2 and Level 3 positions are as follows:
Financial instruments are generally valued by independent pricing service providers that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. Depending on the type of financial instrument, the independent pricing service providers’ internal pricing models may use inputs that are observable such as issuer details (e.g., credit rating, debt ranking, coupon date, maturity date, etc.), interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar assets. Financial instruments that use similar valuation techniques and observable inputs as described above and have an appropriate level of market activity are categorized as Level 2 of the fair value hierarchy, otherwise a Level 3 fair value classification is appropriate. Over-the-counter financial derivative instruments derive their value from underlying asset prices, indices, reference rates, and other inputs or a combination of these factors. These instruments are normally valued on the basis of broker-dealer quotations or prices obtained from independent pricing service providers. Depending on the product and the terms of the transaction, the value of the financial derivative instruments can be estimated by an independent pricing service provider using a series of techniques including simulation pricing models. The pricing models may use inputs that are observed from actively quoted markets such as issuer details, indices, credit risks/spreads, interest rates, yield curves, default and exchange rates. Derivative contracts that use similar valuation techniques and observable inputs as described above and have an appropriate level of market activity are categorized as Level 2 of the fair value hierarchy, otherwise a Level 3 fair value classification is appropriate.
Determination of a fair value by the Valuation Designee may include significant unobservable inputs and therefore such financial instruments would be reflected as a Level 3 of the fair value hierarchy. The Valuation Designee may employ a market-based valuation approach which may use, among other potential considerations, related or comparable securities, recent transactions, market multiples, and other relevant information to determine fair value. The Valuation Designee may also use an income-based valuation approach in which anticipated future cash flows of the financial instrument are discounted to calculate fair value.
The summary of fair valuations according to the inputs used in valuing each Fund’s assets as of the measurement date is included in a “Fair Valuation Summary” supplementary table in each applicable Fund’s Schedule of Investments.
During the fiscal year or period ended June 30, 2023, there were no significant transfers into or out of Level 3 of the fair value hierarchy.
Derivatives and Hedging Disclosure — Codification Topic 815 (“ASC 815”), Derivatives and Hedging, requires qualitative disclosures about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts as well as gains and losses on derivative instruments, and disclosures about credit-risk-related contingent features in derivative agreements. The Funds have invested in derivatives, specifically foreign currency contracts, equity futures contracts and interest rate futures contracts during the fiscal year or period ended June 30, 2023 and open positions in such derivatives as of June 30, 2023 are detailed in each Fund’s Schedule of Investments. All of the derivative instruments disclosed and described herein are subject to credit risk. Risks may arise upon entering into foreign currency contracts from potential inability of a counterparty to meet the terms of their contracts and from unanticipated movements in the value of the foreign currencies relative to the U.S. dollar or each other. Any collateral posted (or received) with respect to the derivative positions would be used to offset or reduce the payment due to (or due from) a counterparty in the event of default. Information with respect to the amounts and types of collateral received and/or posted for derivative instruments as of June 30, 2023, if any, is reflected as a footnote within each Fund’s Schedule of Investments.The Funds’ maximum credit risk exposure to derivatives agreements would be the total value of derivatives disclosed in the table included in Note 2 – Master Netting Arrangements under the column entitled “Assets: Net Amount”.
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Notes to Financial Statements (continued)
As of June 30, 2023, the effects of such derivative instruments on each Fund’s financial position as reflected in the Statements of Assets and Liabilities are presented in the summary below:
| Asset Derivatives | Liability Derivatives | |||||||||||
| Fund | Balance Sheet Location | Value | Balance Sheet Location | Value | ||||||||
Dynamic Currency Hedged International Equity Fund |
| |||||||||||
Foreign currency risk | Unrealized appreciation on foreign currency contracts | $ | 688,188 | Unrealized depreciation on foreign currency contracts | $ | 962,632 | ||||||
Dynamic Currency Hedged International SmallCap Equity Fund |
| |||||||||||
Foreign currency risk | Unrealized appreciation on foreign currency contracts | 708,213 | Unrealized depreciation on foreign currency contracts | 689,256 | ||||||||
Emerging Markets Efficient Core Fund |
| |||||||||||
Interest rate risk | Unrealized appreciation on futures contracts* | — | Unrealized depreciation on futures contracts* | 406,826 | ||||||||
International Efficient Core Fund |
| |||||||||||
Interest rate risk | Unrealized appreciation on futures contracts* | — | Unrealized depreciation on futures contracts* | 1,912,394 | ||||||||
U.S. Efficient Core Fund |
| |||||||||||
Interest rate risk | Unrealized appreciation on futures contracts* | — | Unrealized depreciation on futures contracts* | 6,559,431 | ||||||||
Artificial Intelligence and Innovation Fund |
| |||||||||||
Foreign currency risk | Unrealized appreciation on foreign currency contracts | 79 | Unrealized depreciation on foreign currency contracts | 495 | ||||||||
Battery Value Chain and Innovation Fund |
| |||||||||||
Foreign currency risk | Unrealized appreciation on foreign currency contracts | 7 | Unrealized depreciation on foreign currency contracts | 0 | 1 | |||||||
| * | Includes cumulative appreciation (depreciation) of futures contracts as reported in each Fund’s Schedule of Investments. Only current day’s variation margin is reported within the Statements of Assets and Liabilities. Please see Note 2 (Futures Contracts) on pages 154 and 155 for additional information regarding balance sheet location of balances associated with futures contracts. |
| 1 | Amount represents less than $1. |
For the fiscal year or period ended June 30, 2023, the effects of derivative instruments on each applicable Fund’s financial performance as reflected in the Statements of Operations are presented in the summary below:
| Fund | Amount of Realized Gain or (Loss) on Derivatives Recognized1 | Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized2 | ||||||
Dynamic Currency Hedged International Equity Fund |
| |||||||
Foreign currency risk | $ | (1,860,771 | ) | $ | (4,491,882 | ) | ||
Dynamic Currency Hedged International SmallCap Equity Fund |
| |||||||
Foreign currency risk | 118,871 | (1,556,958 | ) | |||||
Emerging Markets ESG Fund |
| |||||||
Foreign currency risk | (17,026 | ) | — | |||||
Emerging Markets ex-China Fund3 |
| |||||||
Equity risk | (513 | ) | — | |||||
Foreign currency risk | 2,782 | — | ||||||
International ESG Fund |
| |||||||
Foreign currency risk | 944 | (1 | ) | |||||
Emerging Markets Efficient Core Fund |
| |||||||
Foreign currency risk | 2,834 | (1,119 | ) | |||||
Interest rate risk | (1,599,782 | ) | (149,106 | ) | ||||
International Efficient Core Fund |
| |||||||
Foreign currency risk | 2,874 | (554 | ) | |||||
Interest rate risk | (4,117,696 | ) | (1,390,887 | ) | ||||
U.S. Efficient Core Fund |
| |||||||
Foreign currency risk | 33 | — | ||||||
Interest rate risk | (30,327,834 | ) | (1,800,122 | ) | ||||
Artificial Intelligence and Innovation Fund |
| |||||||
Foreign currency risk | 512 | (416 | ) | |||||
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Notes to Financial Statements (continued)
| Fund | Amount of Realized Gain or (Loss) on Derivatives Recognized1 | Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized2 | ||||||
Battery Value Chain and Innovation Fund |
| |||||||
Foreign currency risk | $ | 37 | $ | 5 | ||||
BioRevolution Fund |
| |||||||
Foreign currency risk | (177 | ) | — | |||||
Cybersecurity Fund |
| |||||||
Foreign currency risk | (4,007 | ) | — | |||||
| 1 | Realized gains (losses) on derivatives are located on the Statements of Operations as follows: |
Equity risk | Net realized gain (loss) from futures contracts | |
Foreign currency risk | Net realized gain (loss) from foreign currency contracts | |
Interest rate risk | Net realized gain (loss) from futures contracts |
| 2 | Change in unrealized appreciation (depreciation) is located on the Statements of Operations as follows: |
Equity risk | Net increase (decrease) in unrealized appreciation/depreciation from futures contracts | |
Foreign currency risk | Net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts | |
Interest rate risk | Net increase (decrease) in unrealized appreciation/depreciation from futures contracts |
| 3 | For the period September 22, 2022 (commencement of operations) through June 30, 2023. |
During the fiscal year or period ended June 30, 2023, the volume of derivative activity (based on the average of month-end balances, except where footnoted) for each Fund was as follows:
| Average Notional | ||||||||||||
| Fund | Foreign currency contracts (to deliver USD) | Foreign currency contracts (to receive USD) | Futures contracts (long) | |||||||||
Dynamic Currency Hedged International Equity Fund |
| |||||||||||
Foreign currency risk | $ | 105,294,642 | $ | 212,772,350 | $ | — | ||||||
Dynamic Currency Hedged International SmallCap Equity Fund |
| |||||||||||
Foreign currency risk | 58,063,829 | 118,310,172 | — | |||||||||
Emerging Markets ESG Fund |
| |||||||||||
Foreign currency risk | 2,994 | 1,400 | — | |||||||||
Emerging Markets ex-China Fund1 |
| |||||||||||
Equity risk2 | — | — | 20,993 | |||||||||
Foreign currency risk | 33,624 | 45,183 | — | |||||||||
International ESG Fund |
| |||||||||||
Foreign currency risk | 487 | 1,609 | — | |||||||||
Emerging Markets Efficient Core Fund |
| |||||||||||
Foreign currency risk | 139,253 | 119,897 | — | |||||||||
Interest rate risk | — | — | 25,605,819 | |||||||||
International Efficient Core Fund |
| |||||||||||
Foreign currency risk | 6,310 | 511,100 | — | |||||||||
Interest rate risk | — | — | 102,467,019 | |||||||||
U.S. Efficient Core Fund |
| |||||||||||
Foreign currency risk2 | 327 | — | — | |||||||||
Interest rate risk | — | — | 441,570,006 | |||||||||
Artificial Intelligence and Innovation Fund |
| |||||||||||
Foreign currency risk | 99,221 | 19,525 | — | |||||||||
Battery Value Chain and Innovation Fund |
| |||||||||||
Foreign currency risk | 919 | 584 | — | |||||||||
BioRevolution Fund |
| |||||||||||
Foreign currency risk | — | 266 | — | |||||||||
Cybersecurity Fund |
| |||||||||||
Foreign currency risk2 | 80,604 | 82,421 | — | |||||||||
| 1 | For the period September 22, 2022 (commencement of operations) through June 30, 2023. |
| 2 | The volume of derivative activity for the period is based on intra-month balances. |
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Notes to Financial Statements (continued)
Investment Transactions and Investment Income — Investment transactions are recorded as of the date that the securities are purchased or sold (trade date). Realized gains and losses on sales of portfolio securities are calculated using the identified-cost method. Dividend income (less foreign taxes withheld, if any) is recognized on the ex-dividend date or, with respect to foreign dividends, as soon as practicable after the existence of a dividend declaration has been determined. Non-cash dividend income is recognized on the ex-dividend date, or, with respect to foreign dividends, as soon as practicable after the existence of a dividend declaration has been determined, at the fair value of securities to be received. Upon notification from real estate investment trust (“REIT”) issuers or as estimated by management, all or a portion of the dividend income received from a REIT may be redesignated as a reduction of cost of the related investment and/or as a realized gain. On each measurement date, the Funds evaluate the collectability of receivable balances. Generally, the Funds will write-off dividend receivable balances that are canceled by the issuer as of the date that the dividend receivable cancellation notification was publicly made available or when it becomes probable that dividends will not be collected and the amount of uncollectable dividends can be reasonably estimated. In addition, the Funds generally will write-off interest receivable balances in default by the issuer as of the date any applicable interest payment grace period or forbearance period expires or as of the date any interest payment cancellation notification was publicly made available or when it becomes probable that interest will not be collected and the amount of uncollectable interest can be reasonably estimated. Interest income (including amortization of premiums and accretion of discounts), less any foreign taxes withheld, is accrued daily. Generally, amortization of premiums and accretion of discounts are recognized daily using the effective interest method (also known as the scientific amortization method). Income earned from securities lending activities (i.e., securities lending income), net of fees payable to the securities borrower and/or securities lending agent, is accrued daily.
During the fiscal year ended June 30, 2023, dividend payments denominated in Russian rubles from certain sanctioned Russian issuers were made into restricted foreign cash accounts held by the Funds’ custodian on behalf of the Emerging Markets ESG Fund and Emerging Markets Efficient Core Fund. Under sanctions imposed by the United States (“U.S.”) and the European Union (“E.U.”) against Russia and certain Russian issuers pertaining to Russia’s invasion of Ukraine, payments (such as dividend payments or interest payments) made by sanctioned issuers to entities domiciled in the U.S., such as the Funds, or E.U. are restricted from withdrawal or use and there is no assurance these sanctioned payments will be ultimately collected by the Funds. As a result of U.S. sanctions in place against Russia and certain Russian issuers and significant uncertainty as to whether these sanctions will be removed or lifted, the Funds have not recognized these Russian dividend payments.
Foreign Taxes — The Funds may be subject to foreign taxes (a portion of which may be reclaimable or refundable) on foreign income or capital gains on investment transactions. All foreign taxes are recorded in accordance with the applicable foreign tax regulations and tax rates that exist in the foreign jurisdictions in which the Funds invest. These foreign taxes, if any, are accrued and applied to foreign income as the foreign income is earned and are reflected on the Statements of Operations as follows: foreign taxes withheld on dividends are presented as a reduction to investment income in “Less: Foreign withholdings taxes on dividends”, foreign taxes on capital gains from investment transactions, if any, are included in “Net realized gain (loss) from investment transactions”, and deferred foreign taxes on net unrealized appreciation on investments, if any, are included in “Net increase (decrease) in unrealized appreciation/depreciation on investment transactions”. Foreign taxes payable or deferred as of June 30, 2023, if any, are disclosed in the Statements of Assets and Liabilities in “Payables: Foreign capital gains tax”.
In certain foreign jurisdictions, when the Funds incur subsequent capital losses on investment transactions that occurred during the tax year in the applicable foreign jurisdiction, the Funds may be entitled to a refund on any foreign taxes paid on previous capital gain investment transactions that occurred during the tax year of the applicable foreign jurisdiction. Foreign capital gain tax refunds on investment transactions are included in “Net realized gain (loss) from investment transactions” on the Statements of Operations and foreign capital gain tax refunds that remain unpaid as of June 30, 2023, if any, are disclosed in the Statements of Assets and Liabilities in “Receivables: Foreign capital gains tax refund”.
The Funds file foreign tax reclaims in certain foreign jurisdictions to recover a portion of amounts previously withheld on dividend income if the tax reclaim is “more likely than not” to be sustained assuming examination by tax authorities. This determination is based on, among other things, a jurisdiction’s legal obligation to pay reclaims as well as payment history and market convention. Foreign tax reclaims recorded relating to current fiscal year investment income are included in the Statements of Operations as a reduction to the balance shown for “Foreign withholding taxes on dividends” and foreign tax reclaims recorded, but not yet received as of June 30, 2023, if any, are shown on the Statements of Assets and Liabilities in “Receivables: Foreign tax reclaims”.
Foreign Currency Translation — The accounting records of the Funds are maintained in U.S. dollars. Foreign currencies, as well as investment securities and other assets and liabilities denominated in foreign currencies, are translated into U.S. dollars using exchange rates prevailing on the respective dates of such transactions that are deemed appropriate by WTAM. Realized and unrealized foreign exchange gains and losses on investments are included as a component of “net realized gain (loss) from investment transactions” and “net increase (decrease) in unrealized appreciation/depreciation from investment transactions”, respectively, on the Statements of Operations. Realized and unrealized foreign exchange gains or losses from foreign currency contracts are included in “net realized gain (loss) from foreign currency contracts” and “net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts”, respectively, on the Statements of Operations. Realized and unrealized foreign exchange gains or losses arising from sales of foreign
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Notes to Financial Statements (continued)
currencies, currency gains or losses recognized between the trade and settlement dates on investment transactions, and the difference between the amounts of dividends and foreign withholding taxes recorded on the Funds’ books and the U.S. dollar equivalent of the amounts actually received or paid are included in “net realized gain (loss) from foreign currency related transactions” and/or “net increase (decrease) in unrealized appreciation/depreciation from translation of assets and liabilities denominated in foreign currencies” in the Statements of Operations. Certain foreign exchange gains and losses included in realized and unrealized gains or losses are included in, or are a reduction of, ordinary income in accordance with U.S. Federal income tax regulations.
Expenses — Under the investment advisory agreement for each Fund, WTAM has agreed to pay all expenses of the Trust, except for: (i) brokerage expenses and other fees, charges, taxes, levies or expenses (such as stamp taxes) incurred in connection with the execution of portfolio transactions or in connection with creation and redemption transactions (including without limitation any fees, charges, taxes, levies or expenses related to the purchase or sale of an amount of any currency, or the patriation or repatriation of any security or other asset, related to the execution of portfolio transactions or any creation or redemption transactions); (ii) legal fees or expenses in connection with any arbitration, litigation or pending or threatened arbitration or litigation, including any settlements in connection therewith; (iii) compensation and expenses of trustees who are not interested persons of the Funds (“Independent Trustees”); (iv) compensation and expenses of counsel to the Independent Trustees; (v) compensation and expenses of the Trust’s Chief Compliance Officer (“CCO”); (vi) extraordinary expenses (in each case as determined by a majority of the Independent Trustees); (vii) distribution fees and expenses paid by the Trust under any distribution plan adopted pursuant to Rule 12b-1 under the 1940 Act; (viii) interest and taxes of any kind or nature (including, but not limited to, income, excise, transfer and withholding taxes); (ix) fees and expenses related to the provision of securities lending services; and (x) the advisory fee payable to WTAM.
Acquired fund fees and expenses (“AFFEs”) (which are fees and expenses incurred indirectly by a Fund through its investments in certain underlying investment companies) are not operating expenses of the Funds and are not paid by WTAM.
Pursuant to a separate contractual arrangement, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees. WTAM receives a fee, as shown on the Statements of Operations under “Service fees”, of up to 0.0044% per annum of each Fund’s average daily net assets for providing such services and paying such expenses. WTAM provides CCO services to the Trust.
Foreign Currency Contracts — The Funds may enter into foreign currency contracts to facilitate local securities settlements or to protect against currency exposure. The Funds, other than the Currency Hedged Equity Funds, do not expect to engage in currency transactions for the purpose of hedging against currency exposures of the Fund’s assets that are denominated in one or more foreign currencies. The Funds may not enter into such contracts for speculative purposes. During the fiscal year or period ended June 30, 2023, the Funds, except for the Currency Hedged Equity Funds, utilized foreign currency contracts primarily to facilitate foreign security settlements. The Currency Hedged Equity Funds utilized foreign currency contracts primarily to dynamically offset applicable international currency exposure from positions in international equities. A foreign currency contract involves an obligation to purchase or sell a specific currency at a future date, which may be any fixed number of days from the date of the contract agreed upon by the parties, at a price set at the time of the contract. These contracts are principally traded in the inter-bank market conducted directly between currency traders (usually large, commercial banks) and their customers. A foreign currency contract generally does not require an initial margin deposit and no commissions are charged at any stage for trades.
Risks may arise upon entering into foreign currency contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currencies relative to the U.S. dollar or each other.
Fluctuations in the value of open foreign currency contracts are recorded for book purposes as unrealized gains or losses on foreign currency contracts by the Funds and are included in “net increase (decrease) in unrealized appreciation/depreciation from foreign currency contracts” on the Statements of Operations. Realized gains and losses on foreign currency contracts include net gains or losses recognized by the Funds on contracts which have settled are included in “net realized gain (loss)” from foreign currency contracts on the Statements of Operations.
Futures Contracts — The Emerging Markets ex-China Fund utilized equity futures contracts on a temporary basis during the period to obtain market exposure consistent with its investment objective during the Fund’s annual portfolio rebalance. The Emerging Markets Efficient Core Fund utilized futures contracts to obtain long exposure to equity futures contracts and U.S. Treasury obligations consistent with its investment strategy. The International Efficient Core Fund and U.S. Efficient Core Fund each utilized futures contracts to obtain long exposure to U.S. Treasury obligations consistent with their investment strategy. When a Fund purchases a listed futures contract, it agrees to purchase a specified reference asset (e.g., equity, currency or U.S. Treasury security, collectively herein, “Reference Asset”) at a specified future date. When a Fund sells a listed futures contract, it agrees to sell a specified Reference Asset at a future date. The price at which the purchase and sale will take place is fixed when the Fund enters into the contract. A Fund may also cash settle upon the expiration date of a futures contract in which no physical delivery (or receipt) of the specified Reference Asset comprising the futures contract is made. Instead, settlement in cash would occur upon the expiration of the contract, with the cash settlement being the difference between the contract price and the actual price of the specified
| 154 | WisdomTree Trust |
Notes to Financial Statements (continued)
Reference Asset at the expiration date. The exchange clearing corporation is the ultimate counterparty for all exchange-listed contracts, so credit risk is limited to the creditworthiness of the exchange clearing corporation.
Upon entering into a futures contract, a Fund is required to deliver to a broker an amount of cash and/or U.S. government securities equal to a certain percentage of the contract amount. This amount is known as the “initial margin”. Cash deposited as initial margin, if any, is shown as “Deposits at broker for futures contracts” in the Statement of Assets and Liabilities, and U.S. government securities deposited, if any, are designated in the Schedule of Investments. Subsequent payments, known as “variation margin”, generally are made or received by the Fund each day or at other agreed-upon time periods depending on the fluctuations in the value of the underlying futures contracts, except that in the case of certain futures contracts, variation margin payments may be made or received when the futures contract expires. Variation margin is recorded for financial statement purposes on a daily basis as an unrealized gain or loss on futures until the financial futures contract is closed, at which time the unrealized net gain or loss is reclassified to realized gain or loss on futures. The current one-day variation margin on open futures contracts is shown on the Statements of Assets and Liabilities as either a receivable or a payable for “Net variation margin on futures contracts”. The variation margin received or paid by the Funds, that is on deposit with the broker, on both open and closed futures contracts and certain futures contracts where variation margin is received or paid by the Funds on the expiration date, are shown in the Statements of Assets and Liabilities, in whole or in part, as a component of, or an offset to, “Deposits at broker for futures contracts” or “Deposits due to broker for future contracts”. Deposits at broker utilized for futures contract margin requirements generally are restricted from withdrawal. Prior to August 19, 2022, when a Fund purchased or sold a futures contract, the Fund was required to “cover” its position in order to limit the risk associated with the use of leverage and other related risks. To cover its position, a Fund would segregate assets consisting of, or take other measures with respect to, cash or liquid securities that, when added to any amounts deposited with a futures commission merchant as margin, would “cover” its position in a manner consistent with the 1940 Act or the rules and SEC interpretations thereunder. This functioned as a practical limit on the amount of leverage which a Fund could undertake and on the potential increase in the speculative character of a Fund’s outstanding portfolio securities. Effective August 19, 2022, the Funds have adopted a derivatives risk management program to manage the Funds’ derivatives risk. Please see Note 7 “Recent Regulatory Update” for information on new regulations governing the use of derivatives by the Funds.
Securities Lending — Each Fund may lend portfolio securities to certain creditworthy borrowers, including the Funds’ securities lending agent. It is the Funds’ policy that, at origination, all loans are secured by collateral of at least 102% of the value of U.S. securities loaned and 105% of the value of foreign securities loaned. Collateral in the form of cash and/or securities issued or guaranteed by the U.S. government or its agencies, equivalent to at least 100% of the market value of securities, is maintained at all times. The cash collateral can be invested in certain money market mutual funds which also have exposure to the fluctuations of the market. The values of the investments of cash collateral for securities on loan along with the obligations to return such collateral are included on the Statements of Assets and Liabilities. The total value of securities received as collateral for securities on loan is included in a footnote following each Schedule of Investments, but is not included within the Statements of Assets and Liabilities because the receiving Fund does not have the right to sell or repledge the securities received as collateral. As compensation for lending its securities, each Fund retains all or a portion of the interest received on investment of cash collateral or receives a fee from the borrower (net of any fee rebates paid to the borrower). The lending agent receives a portion of the income earned by the Funds in connection with the lending program. The net securities lending income earned by the Funds is disclosed on the Statements of Operations. The dividend and interest income earned on the securities loaned is accounted for in the same manner as other dividend and interest income. The borrower pays to the Funds an amount equal to any dividends or interest received on loaned securities. Dividends received while a security is out on loan are not considered Qualified Dividend Income (“QDI”) under the specific criteria issued by the Internal Revenue Service and are subject to taxation at the shareholder’s ordinary income tax rate instead of the lower long-term capital gains tax rate. Lending portfolio securities could result in a loss or delay in recovering each Fund’s securities if the borrower defaults. In the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.
Master Netting Arrangements — Codification Topic 210 (“ASC 210”), Balance Sheet, requires disclosures generally intended to (i) help investors and other financial statement users to better assess the effect or potential effect of offsetting arrangements on a company’s financial position, (ii) improve transparency in the reporting of how companies mitigate credit risk, and (iii) facilitate comparisons between those entities that prepare their financial statements on the basis of GAAP and those entities that prepare their financial statements on the basis of international financial reporting standards. ASC 210 requires entities to disclose (i) gross and net information about both instruments and transactions eligible for offset in the financial statements, and (ii) instruments and transactions subject to an agreement similar to a master netting agreement. ASC 210 is limited in scope to the following financial instruments, to the extent they are offset in the financial statements or subject to an enforceable master netting arrangement or similar agreement: (i) recognized derivative instruments accounted for under ASC 815 (Derivatives and Hedging); (ii) repurchase agreements and reverse repurchase agreements; and (iii) securities borrowing and securities lending transactions.
In order to better define its contractual rights and to secure rights that will help a Fund mitigate its counterparty risk, a Fund enters into an International Swaps and Derivatives Association, Inc. Master Agreement (“ISDA Master Agreement”) with its counterparties.
| WisdomTree Trust | 155 |
Notes to Financial Statements (continued)
An ISDA Master Agreement is a bilateral agreement between a Fund and a counterparty that governs over-the-counter derivatives (“OTC”), such as foreign currency contracts, and typically contains, among other things, collateral posting terms, netting and rights of set-off provisions in the event of a default and/or termination event. Under an ISDA Master Agreement, a Fund may, under certain circumstances, offset with the counterparty certain derivative financial instruments’ payables and receivables to create a single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of a default (close-out netting) or similar event, including the bankruptcy or insolvency of the counterparty.
Collateral requirements generally differ by type of derivative. Collateral terms are contract-specific for OTC derivatives (e.g., foreign currency contracts, options and certain swaps). To the extent amounts due to a Fund from its derivatives counterparties are not fully collateralized, contractually or otherwise, the Fund bears the risk of loss from a counterparty’s non-performance.
The Funds’ securities lending activities are governed by a Securities Lending Authorization Agreement (“Lending Agreement”) between the Funds and the lending agent. The Lending Agreement authorizes the lending agent to lend qualifying U.S. and foreign securities held by a Fund to approved borrowers (each a “Borrower”). To mitigate borrower risk, a Fund typically receives from a Borrower collateral in the form of U.S. dollar cash and/or securities issued or guaranteed by the U.S. government or its agencies in excess of the market value of the securities loaned. Under the provisions of the Lending Agreement, a Fund shall have, as to the collateral, all of the rights and remedies of a secured party under applicable law. A Fund is exposed to risk of loss if a Borrower defaults on its obligation to return borrowed securities and the value of the collateral a Fund received is insufficient to cover the market value of the securities loaned. Also, the lending agent is permitted to invest the cash collateral it receives from a Borrower into a money market fund which is subject to market fluctuation. Therefore, a Fund is exposed to risk of loss if the value of invested cash collateral is insufficient to satisfy the Fund’s obligation to return the full amount owed to such Borrower. However, in the event of a borrower default with respect to the failure to return to each Fund some or all of the securities loaned, the securities lending agent shall indemnify each Fund against the failure of the borrower if the value of the collateral received is insufficient to cover the market value of the securities loaned.
Each Fund’s futures contracts are all exchange traded and are not subject to master netting arrangements. Therefore, all futures contracts are excluded from the netting table herein.
For financial reporting purposes, the Funds elect to not offset assets and liabilities subject to an ISDA Master Agreement or Lending Agreement, if any, in the Statements of Assets and Liabilities. Therefore, all qualifying transactions are presented on a gross basis in the Statements of Assets and Liabilities. As of June 30, 2023, the impact of netting of assets and liabilities and the offsetting of collateral pledged or received based on contractual netting/set-off provisions in the ISDA Master Agreement and the Lending Agreement are detailed in the following table:
| Assets | Liabilities | |||||||||||||||||||||||||||||||
Gross Amounts Assets and | Gross Amounts Not Offset in the Statements of Assets and Liabilities | Net Amount | Gross Amounts Assets and | Gross Amounts Not Offset in the Statements of Assets and Liabilities | ||||||||||||||||||||||||||||
| Fund | Financial Instruments | Collateral Received | Financial Instruments | Collateral Posted | Net Amount | |||||||||||||||||||||||||||
Dynamic Currency Hedged International Equity Fund | ||||||||||||||||||||||||||||||||
Securities Lending | $ | 14,318,629 | $ | — | $ | (14,318,629 | )1 | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||||||||
Foreign Currency Contracts | 688,188 | (686,184 | ) | — | 2,004 | 962,632 | (686,184 | ) | — | 276,448 | ||||||||||||||||||||||
Dynamic Currency Hedged International SmallCap Equity Fund | ||||||||||||||||||||||||||||||||
Securities Lending | 28,168,424 | — | (28,168,424 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Foreign Currency Contracts | 708,213 | (680,497 | ) | — | 27,716 | 689,256 | (680,497 | ) | — | 8,759 | ||||||||||||||||||||||
Emerging Markets ESG Fund | ||||||||||||||||||||||||||||||||
Securities Lending | 784,182 | — | (784,182 | )1 | — | — | — | — | — | |||||||||||||||||||||||
International ESG Fund | ||||||||||||||||||||||||||||||||
Securities Lending | 332,375 | — | (332,375 | )1 | — | — | — | — | — | |||||||||||||||||||||||
U.S. Corporate Bond Fund | ||||||||||||||||||||||||||||||||
Securities Lending | 133,964 | — | (133,964 | )1 | — | — | — | — | — | |||||||||||||||||||||||
U.S. High Yield Corporate Bond Fund | ||||||||||||||||||||||||||||||||
Securities Lending | 12,721,366 | — | (12,721,366 | )1 | — | — | — | — | — | |||||||||||||||||||||||
U.S. Short-Term Corporate Bond Fund | ||||||||||||||||||||||||||||||||
Securities Lending | 1,004,205 | — | (1,004,205 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Emerging Markets Efficient Core Fund | ||||||||||||||||||||||||||||||||
Securities Lending | 455,225 | — | (455,225 | )1 | — | — | — | — | — | |||||||||||||||||||||||
International Efficient Core Fund | ||||||||||||||||||||||||||||||||
Securities Lending | 11,491,272 | — | (11,491,272 | )1 | — | — | — | — | — | |||||||||||||||||||||||
| 156 | WisdomTree Trust |
Notes to Financial Statements (continued)
| Assets | Liabilities | |||||||||||||||||||||||||||||||
Gross Amounts Assets and | Gross Amounts Not Offset in the Statements of Assets and Liabilities | Net Amount | Gross Amounts Assets and | Gross Amounts Not Offset in the Statements of Assets and Liabilities | ||||||||||||||||||||||||||||
| Fund | Financial Instruments | Collateral Received | Financial Instruments | Collateral Posted | Net Amount | |||||||||||||||||||||||||||
Artificial Intelligence and Innovation Fund | ||||||||||||||||||||||||||||||||
Securities Lending | $ | 6,238,651 | $ | — | $ | (6,238,651 | )1 | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||||||||
Foreign Currency Contracts | 79 | — | — | 79 | 495 | — | — | 495 | ||||||||||||||||||||||||
Battery Value Chain and Innovation Fund | ||||||||||||||||||||||||||||||||
Securities Lending | 556,614 | — | (556,614 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Foreign Currency Contracts | 7 | — | — | 7 | 0 | 2 | — | — | 0 | 2 | ||||||||||||||||||||||
BioRevolution Fund | ||||||||||||||||||||||||||||||||
Securities Lending | 279,996 | — | (279,996 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Cloud Computing Fund | ||||||||||||||||||||||||||||||||
Securities Lending | 41,846,345 | — | (41,846,345 | )1 | — | — | — | — | — | |||||||||||||||||||||||
Cybersecurity Fund | ||||||||||||||||||||||||||||||||
Securities Lending | 2,535,884 | — | (2,535,884 | )1 | — | — | — | — | — | |||||||||||||||||||||||
| 1 | The amount of collateral presented has been limited such that the net amount by counterparty cannot be less than zero. |
| 2 | Amount represents less than $1. |
Short-Term Investments — Each Fund may invest a portion of its assets in high-quality money market instruments on an ongoing basis to provide liquidity or for other reasons. The instruments include short-term obligations issued by the U.S. government, its agencies, non-U.S. government agencies, negotiable certificates of deposit (“CDs”), fixed time deposits and bankers’ acceptances of U.S. and foreign banks and similar institutions, commercial papers, repurchase agreements and money market funds. CDs are short-term negotiable obligations of commercial banks. Time deposits are non-negotiable deposits maintained in banking institutions for specified periods of time at stated interest rates. Banker’s acceptances are time drafts drawn on commercial banks by borrowers, usually in connection with international transactions.
Emerging Markets Investments — Investments in securities listed and traded in emerging markets are subject to additional risks that may not be present for U.S. investments or investments in more developed non-U.S. markets. Such risks may include: (i) greater market volatility; (ii) lower trading volume; (iii) greater social, political and economic uncertainty; (iv) governmental controls on foreign investments and limitations on repatriation of invested capital; (v) the risk that companies may be held to lower disclosure, corporate governance, auditing and financial reporting standards than companies in more developed markets; and (vi) the risk that there may be less protection of property rights than in other countries. Emerging markets are generally less liquid and less efficient than developed securities markets.
Tax Information and Dividends and Distributions to Shareholders — It is each Fund’s policy to comply with all requirements of the Internal Revenue Code of 1986, as amended (the “Code”). A portion of the Code, known as subchapter M (“Subchapter M”), addresses the ways by which investment companies and investment trusts may pass income through to shareholders in order to avoid double taxation. Each Fund intends to qualify for and to elect treatment as a separate Regulated Investment Company (“RIC”) under Subchapter M of the Code so that it will not be subject to federal income tax on income and gains that are timely distributed to Fund shareholders. Accordingly, no provision for U.S. federal income taxes is required. In order to qualify for the special tax treatment accorded to RICs and their shareholders, each Fund must, among other things, distribute with respect to each taxable year an amount equal to or greater than the sum of 90% of its investment company taxable income and 90% of its net tax-exempt interest income. There can be no guarantee that a Fund will pay dividends. Taxable net realized gains from investment transactions, reduced by capital loss carryforwards, if any, are declared and distributed to shareholders at least annually. The capital loss carryforward amount, if any, is available to offset future net capital gains. The Funds may occasionally be required to make supplemental distributions at some other time during the year. The Trust reserves the right to declare special distributions if, in its reasonable discretion, such action is necessary or advisable to preserve the status of each Fund as a RIC or to avoid imposition of income or excise taxes on undistributed income. Dividends and distributions to shareholders are recorded on the ex-dividend date. The amount of dividends and distributions from net investment income and net realized capital gains is determined in accordance with the requirements of the Code and the U.S. Treasury regulations (i.e., tax basis) which may differ to amounts determined under GAAP (i.e., book basis). These book/tax differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the components of net assets based on their Federal tax basis treatment; temporary differences do not require reclassification. Dividends and distributions that exceed earnings and profit for tax purposes are reported for tax purposes as a return of capital.
| WisdomTree Trust | 157 |
Notes to Financial Statements (continued)
3. ADVISORY FEES AND OTHER TRANSACTIONS WITH AFFILIATES
WTAM has overall responsibility for the general management and administration of the Trust. WTAM provides an investment program for each Fund. WTAM has arranged for Mellon Investments Corporation (“Mellon”) to provide sub-advisory services to the Funds, except for U.S. Corporate Bond Fund, U.S. High Yield Corporate Bond Fund and U.S. Short-Term Corporate Bond Fund which are sub-advised by Voya Investment Management Co., LLC (“Voya”). Mellon and Voya are compensated by WTAM at no additional cost to the Funds. WTAM also arranges for transfer agency, custody, fund accounting, fund administration, securities lending and all other non-distribution related services necessary for the Funds to operate, which are generally under separate agreements entered into between the Trust on behalf of the Funds and the applicable service provider. Under the investment advisory agreement for each Fund, WTAM agrees to pay all expenses of the Funds, except for certain expenses described in Note 2.
Pursuant to a separate contractual arrangement, as also described in Note 2, WTAM arranges for the provision of CCO services with respect to each Fund, and is liable and responsible for, and administers, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees in exchange for a fee, accrued daily and paid monthly in arrears, of up to 0.0044% per annum of each Fund’s average daily net assets.
WTAM expects to receive annual advisory fees from each Fund, based on a percentage of the Fund’s average daily net assets, as shown in the following table:
| Fund | Advisory Fee Rate | |||
Dynamic Currency Hedged International Equity Fund | 0.40 | % | ||
Dynamic Currency Hedged International SmallCap Equity Fund | 0.48 | % | ||
Emerging Markets ESG Fund | 0.32 | % | ||
Emerging Markets ex-China Fund1 | 0.32 | % | ||
International ESG Fund | 0.30 | % | ||
U.S. Corporate Bond Fund | 0.18 | % | ||
U.S. High Yield Corporate Bond Fund | 0.38 | % | ||
U.S. Short-Term Corporate Bond Fund | 0.18 | % | ||
Emerging Markets Efficient Core Fund | 0.32 | % | ||
International Efficient Core Fund | 0.26 | % | ||
U.S. Efficient Core Fund | 0.20 | % | ||
Artificial Intelligence and Innovation Fund | 0.45 | % | ||
Battery Value Chain and Innovation Fund | 0.45 | % | ||
BioRevolution Fund | 0.45 | % | ||
Cloud Computing Fund | 0.45 | % | ||
Cybersecurity Fund | 0.45 | % | ||
| 1 | Since the commencement of operations on September 22, 2022. |
During the year ended June 30, 2023, the U.S. Short-Term Corporate Bond Fund received a voluntary reimbursement of $150 from Voya for investment losses due to an operational error. During the year ended June 30, 2023, the Emerging Markets Efficient Core Fund received a voluntary reimbursement of $76 from Mellon for investment losses due to an operational error. The voluntary reimbursements are shown in the Statements of Operations in “Net increase from payment by affiliate”.
Affiliated holdings are investments in entities in which the Fund owns 5% or more of the outstanding voting securities or are investments in entities which are under common ownership or control. Transactions in shares of affiliated ETFs for the fiscal year ended June 30, 2023, as applicable, are included in an “Investment in Affiliates” supplementary table in each applicable Fund’s Schedule of Investments. For these transactions, WTAM voluntarily waives a portion of its advisory fees that it would otherwise charge, for each Fund’s investment in affiliated funds. The waivers may be reduced to offset the incremental costs related to these investments (e.g., fund accounting, safekeeping, transaction fees, etc.) that are paid by WTAM out of its advisory fee. The dollar amount of advisory fees waived during the period for the Funds, if any, are included in the Statement of Operations in “Expense waivers”.
| 158 | WisdomTree Trust |
Notes to Financial Statements (continued)
During the fiscal year ended June 30, 2023, certain Funds engaged in purchase and sale transactions with funds that have a common investment adviser, WTAM. These interfund purchase and sale transactions were effected in accordance with Rule 17a-7 under the 1940 Act. For the fiscal year ended June 30, 2023, the cost of purchases, proceeds from sales and the net realized loss recognized upon the disposal of securities resulting from interfund transactions are shown in the following table:
| Fund | Purchases | Sales | Net Realized Loss | |||||||||
Dynamic Currency Hedged International Equity Fund | $ | 8,499,861 | $ | 8,015,589 | $ | (2,527,320 | ) | |||||
Dynamic Currency Hedged International SmallCap Equity Fund | 2,179,294 | 3,533,625 | (748,583 | ) | ||||||||
WTAM and/or WisdomTree (collectively herein, “WT”) may from time to time own shares of a Fund. As of and for the fiscal year ended June 30, 2023, WT held shares of and received distributions from the following Funds, which were purchased through an unaffiliated broker in ordinary brokerage transactions in the secondary market in which the Funds’ shares trade:
| At June 30, 2023 | For the Fiscal Year Ended June 30, 2023 | |||||||||||||||
| Fund | Fund Shares held by WT | Market Value of Fund Shares held by WT | Dividends and Distributions Shares held by WT | |||||||||||||
Dynamic Currency Hedged International Equity Fund | 659 | $ | 20,594 | $ | 854 | |||||||||||
International ESG Fund | 313 | 8,783 | 262 | |||||||||||||
U.S. Corporate Bond Fund | 77 | 3,373 | 7,432 | |||||||||||||
U.S. High Yield Corporate Bond Fund | 548 | 24,195 | 1,376 | |||||||||||||
U.S. Short-Term Corporate Bond Fund | 311 | 14,570 | 19,057 | |||||||||||||
Emerging Markets Efficient Core Fund | 57 | 1,589 | 38 | |||||||||||||
International Efficient Core Fund | 177 | 6,096 | 140 | |||||||||||||
U.S. Efficient Core Fund | 391 | 14,494 | 177 | |||||||||||||
Cloud Computing Fund | 97 | 3,075 | — | |||||||||||||
Cybersecurity Fund | 123 | 2,383 | 1 | |||||||||||||
During the fiscal period ended June 30, 2023, in connection with the organization of the Emerging Markets ex-China Fund, a newly launched fund, WTAM contributed $100 in exchange for 4 shares in the Emerging Markets ex-China Fund. Prior to June 30, 2023, WTAM redeemed the aforementioned shares as follows: 4 shares of the Emerging Markets ex-China Fund for proceeds of $99.
4. CAPITAL SHARE TRANSACTIONS
As of June 30, 2023, there were an unlimited number of $0.001 par value shares of beneficial interest authorized by the Trust. Shares are issued and redeemed by each Fund only in creation units or multiples thereof to an authorized participant (“AP”). Except when aggregated in creation units (“Creation Unit Aggregations”), shares of each Fund are not redeemable. Transactions in shares for each Fund are disclosed in detail in the Statements of Changes in Net Assets. The consideration for the purchase of creation units of a Fund generally consists of the in-kind contribution of a basket of securities (“Deposit Securities”) and/or an amount of cash (“Cash Component”). Creation Unit Aggregations may be created in advance of receipt by a Fund of all or a portion of the applicable Deposit Securities from APs. In these circumstances, the initial deposit received from the AP will have a value greater than the NAV of the applicable Fund’s shares on the date the order is placed in proper form since, in addition to available Deposit Securities, U.S. cash must be deposited by the AP in an amount equal to the sum of (i) the Cash Component, plus (ii) generally between 102%-110%, as directed by the Trust or WTAM, which the Trust or WTAM may change from time to time, of the market value of the undelivered Deposit Securities (the “Additional Cash Deposit”) with the Fund pending delivery of any missing Deposit Securities. The Fund will return any unused portion of the Additional Cash Deposit once all of the missing Deposit Securities have been properly received from the AP or purchased by the Fund. Amounts due to be returned to an AP as of June 30, 2023, if any, is shown in the Statements of Assets and Liabilities in “Payables: Deposit due to authorized participant”.
| WisdomTree Trust | 159 |
Notes to Financial Statements (continued)
5. INVESTMENT PORTFOLIO TRANSACTIONS
Purchases and sales of investments (excluding purchases and sales resulting from in-kind capital share transactions and short-term investments) and the cost of purchases and the proceeds from sales resulting from in-kind capital share transactions (excluding short-term investments) for the fiscal year or period ended June 30, 2023 are shown in the following table. Realized gains and losses on sales resulting from in-kind capital share redemptions, as shown on the Statements of Operations, are not recognized by the Funds for tax purposes.
| Non-U.S. Government Securities | U.S. Government Securities | In-kind Capital Share Transactions | ||||||||||||||||||||||
| Fund | Purchases | Sales | Purchases | Sales | Purchases | Sales | ||||||||||||||||||
Dynamic Currency Hedged International Equity Fund | $ | 71,680,175 | $ | 61,171,755 | $ | — | $ | — | $ | 48,991,539 | $ | 7,152,830 | ||||||||||||
Dynamic Currency Hedged International SmallCap Equity Fund | 64,399,314 | 57,418,131 | — | — | 108,027,295 | — | ||||||||||||||||||
Emerging Markets ESG Fund | 11,867,911 | 13,842,294 | — | — | — | 989,938 | ||||||||||||||||||
Emerging Markets ex-China Fund1 | 23,657,802 | 11,404,643 | — | — | 4,517,996 | 2,054,413 | ||||||||||||||||||
International ESG Fund | 6,038,421 | 6,031,632 | — | — | 2,793,847 | — | ||||||||||||||||||
U.S. Corporate Bond Fund | 5,484,946 | 5,778,888 | 212,970 | 15,429 | 8,875,121 | 39,774,530 | ||||||||||||||||||
U.S. High Yield Corporate Bond Fund | 36,698,197 | 37,368,278 | — | — | 69,972,363 | 34,985,414 | ||||||||||||||||||
U.S. Short-Term Corporate Bond Fund | 16,080,265 | 16,120,551 | — | 29,427 | 4,784,761 | 9,165,774 | ||||||||||||||||||
Emerging Markets Efficient Core Fund | 18,519,373 | 4,674,654 | — | — | 4,603,291 | 2,001,701 | ||||||||||||||||||
International Efficient Core Fund | 8,625,036 | 7,060,560 | — | — | 150,327,083 | 16,909,327 | ||||||||||||||||||
U.S. Efficient Core Fund | 47,524,240 | 69,604,887 | — | — | 180,554,248 | 110,684,853 | ||||||||||||||||||
Artificial Intelligence and Innovation Fund | 11,100,509 | 4,318,848 | — | — | 110,877,053 | — | ||||||||||||||||||
Battery Value Chain and Innovation Fund | 5,609,030 | 4,330,128 | — | — | 2,384,251 | — | ||||||||||||||||||
BioRevolution Fund | 1,300,355 | 1,299,883 | — | — | — | 1,998,024 | ||||||||||||||||||
Cloud Computing Fund | 262,492,539 | 264,660,795 | — | — | 313,142,053 | 330,565,669 | ||||||||||||||||||
Cybersecurity Fund | 13,510,965 | 13,639,293 | — | — | 732,854 | 3,991,299 | ||||||||||||||||||
| 1 | For the period September 22, 2022 (commencement of operations) through June 30, 2023. |
6. FEDERAL INCOME TAXES
At June 30, 2023, the cost of investments (including securities on loan and derivatives) for Federal income tax purposes was as follows:
| Investments in Long Securities | Investments in Financial Derivatives1 | |||||||||||||||||||||||||||||||||||
| Fund | Tax Cost | Gross Unrealized | Gross Unrealized | Net Unrealized (Depreciation) | Gross Unrealized Appreciation | Gross Unrealized Depreciation | Net Unrealized (Depreciation) | Total Net Unrealized (Depreciation) | ||||||||||||||||||||||||||||
Dynamic Currency Hedged International Equity Fund | $ | 224,919,011 | $ | 33,446,651 | $ | (8,967,579 | ) | $ | 24,479,072 | $ | 292 | $ | (423 | ) | $ | (131 | ) | $ | 24,478,941 | |||||||||||||||||
Dynamic Currency Hedged International SmallCap Equity Fund | 183,911,996 | 15,708,875 | (10,019,800 | ) | 5,689,075 | 975 | (382 | ) | 593 | 5,689,668 | ||||||||||||||||||||||||||
Emerging Markets ESG Fund | 20,658,105 | 4,262,568 | (1,926,072 | ) | 2,336,496 | — | — | — | 2,336,496 | |||||||||||||||||||||||||||
Emerging Markets ex-China Fund | 14,946,984 | 1,733,484 | (326,021 | ) | 1,407,463 | — | — | — | 1,407,463 | |||||||||||||||||||||||||||
International ESG Fund | 10,421,740 | 1,147,291 | (248,751 | ) | 898,540 | — | — | — | 898,540 | |||||||||||||||||||||||||||
U.S. Corporate Bond Fund | 9,442,776 | 23,104 | (701,740 | ) | (678,636 | ) | — | — | — | (678,636 | ) | |||||||||||||||||||||||||
U.S. High Yield Corporate Bond Fund | 231,710,167 | 668,199 | (19,383,626 | ) | (18,715,427 | ) | — | — | — | (18,715,427 | ) | |||||||||||||||||||||||||
U.S. Short-Term Corporate Bond Fund | 39,576,085 | 21,409 | (1,567,193 | ) | (1,545,784 | ) | — | — | — | (1,545,784 | ) | |||||||||||||||||||||||||
Emerging Markets Efficient Core Fund | 53,421,357 | 2,595,808 | (7,790,227 | ) | (5,194,419 | ) | — | — | — | (5,194,419 | ) | |||||||||||||||||||||||||
International Efficient Core Fund | 223,929,982 | 20,965,558 | (8,483,459 | ) | 12,482,099 | — | — | — | 12,482,099 | |||||||||||||||||||||||||||
U.S. Efficient Core Fund | 719,729,799 | 100,932,788 | (41,975,203 | ) | 58,957,585 | — | — | — | 58,957,585 | |||||||||||||||||||||||||||
| 160 | WisdomTree Trust |
Notes to Financial Statements (continued)
| Investments in Long Securities | Investments in Financial Derivatives1 | |||||||||||||||||||||||||||||||||||
| Fund | Tax Cost | Gross Unrealized | Gross Unrealized | Net Unrealized (Depreciation) | Gross Unrealized Appreciation | Gross Unrealized Depreciation | Net Unrealized (Depreciation) | Total Net Unrealized (Depreciation) | ||||||||||||||||||||||||||||
Artificial Intelligence and Innovation Fund | $ | 122,955,095 | $ | 6,150,873 | $ | (2,358,172 | ) | $ | 3,792,701 | $ | 79 | $ | (495 | ) | $ | (416 | ) | $ | 3,792,285 | |||||||||||||||||
Battery Value Chain and Innovation Fund | 5,741,446 | 582,474 | (613,181 | ) | (30,707 | ) | 7 | — | 7 | (30,700 | ) | |||||||||||||||||||||||||
BioRevolution Fund | 3,834,914 | 140,674 | (956,725 | ) | (816,051 | ) | — | — | — | (816,051 | ) | |||||||||||||||||||||||||
Cloud Computing Fund | 986,814,707 | 24,620,303 | (302,779,925 | ) | (278,159,622 | ) | — | — | — | (278,159,622 | ) | |||||||||||||||||||||||||
Cybersecurity Fund | 40,948,220 | 2,054,287 | (10,178,604 | ) | (8,124,317 | ) | — | — | — | (8,124,317 | ) | |||||||||||||||||||||||||
| 1 | Certain financial derivatives may be considered section 1256 contracts under the Code. Each section 1256 contract held at the close of a taxable year shall be treated as sold for its fair market value on the last business day of such taxable year (and any realized gain and loss shall be taken into account for the taxable year). As such, the unrealized appreciation/(depreciation) for financial derivatives on a tax basis may not correspond to the unrealized appreciation/(depreciation) on a GAAP basis. The unrealized appreciation/(depreciation) for financial derivatives on a GAAP basis is located in the respective financial derivatives tables in each Fund’s Schedule of Investments. |
At June 30, 2023, the components of total distributable earnings (loss) on a tax-basis were as follows:
| Fund | Undistributed Ordinary Income | Undistributed Capital and Other Losses | Net Unrealized (Depreciation) | Currency and Other Unrealized Appreciation/ (Depreciation) | Other Temporary Differences1 | Total Distributable Earnings (Loss) | ||||||||||||||||||
Dynamic Currency Hedged International Equity Fund | $ | 1,159,384 | $ | (44,419,573 | ) | $ | 24,479,072 | $ | 2,865 | $ | 20,179 | $ | (18,758,073 | ) | ||||||||||
Dynamic Currency Hedged International SmallCap Equity Fund | 995,065 | (14,208,050 | ) | 5,689,075 | 967 | 2,362 | (7,520,581 | ) | ||||||||||||||||
Emerging Markets ESG Fund | 90,895 | (11,344,309 | ) | 2,336,496 | (74,899 | ) | — | (8,991,817 | ) | |||||||||||||||
Emerging Markets ex-China Fund | 117,275 | (64,908 | ) | 1,407,463 | (19,899 | ) | — | 1,439,931 | ||||||||||||||||
International ESG Fund | 13,000 | (3,558,239 | ) | 898,540 | 1,526 | — | (2,645,173 | ) | ||||||||||||||||
U.S. Corporate Bond Fund | 3,804 | (2,980,035 | ) | (678,636 | ) | — | — | (3,654,867 | ) | |||||||||||||||
U.S. High Yield Corporate Bond Fund | 120,053 | (7,906,237 | ) | (18,715,427 | ) | — | — | (26,501,611 | ) | |||||||||||||||
U.S. Short-Term Corporate Bond Fund | 22,251 | (1,486,672 | ) | (1,545,784 | ) | — | — | (3,010,205 | ) | |||||||||||||||
Emerging Markets Efficient Core Fund | 336,878 | (5,983,459 | ) | (5,194,419 | ) | (45,362 | ) | — | (10,886,362 | ) | ||||||||||||||
International Efficient Core Fund | 272,862 | (14,412,870 | ) | 12,482,099 | 339 | — | (1,657,570 | ) | ||||||||||||||||
U.S. Efficient Core Fund | 412,702 | (134,921,497 | ) | 58,957,585 | — | — | (75,551,210 | ) | ||||||||||||||||
Artificial Intelligence and Innovation Fund | 119,489 | (185,129 | ) | 3,792,701 | (488 | ) | — | 3,726,573 | ||||||||||||||||
Battery Value Chain and Innovation Fund | 95,674 | (439,427 | ) | (30,707 | ) | (28,735 | ) | — | (403,195 | ) | ||||||||||||||
BioRevolution Fund | 17,130 | (657,625 | ) | (816,051 | ) | 30 | — | (1,456,516 | ) | |||||||||||||||
Cloud Computing Fund | — | (292,595,345 | ) | (278,159,622 | ) | — | — | (570,754,967 | ) | |||||||||||||||
Cybersecurity Fund | — | (5,838,402 | ) | (8,124,317 | ) | (507 | ) | — | (13,963,226 | ) | ||||||||||||||
| 1 | The treatment of certain income/expense items have been recognized for GAAP but disallowed for tax purposes. |
The tax character of distributions paid during the fiscal years or periods ended June 30, 2023 and June 30, 2022, was as follows:
| Year or Period Ended June 30, 2023 | Year or Period Ended June 30, 2022 | |||||||||||||||
| Fund | Distributions Paid from Ordinary Income* | Distributions Paid from Long-Term Capital Gains | Distributions Paid from Ordinary Income* | Distributions Paid from Long-Term Capital Gains | ||||||||||||
Dynamic Currency Hedged International Equity Fund | $ | 9,482,900 | $ | — | $ | 8,333,400 | $ | — | ||||||||
Dynamic Currency Hedged International SmallCap Equity Fund | 5,850,457 | 1,343,894 | 2,160,473 | — | ||||||||||||
Emerging Markets ESG Fund | 796,205 | — | 813,816 | — | ||||||||||||
Emerging Markets ex-China Fund1 | 144,810 | — | — | — | ||||||||||||
International ESG Fund | 275,935 | — | 238,020 | — | ||||||||||||
U.S. Corporate Bond Fund | 533,000 | — | 1,111,508 | 86,158 | ||||||||||||
U.S. High Yield Corporate Bond Fund | 10,144,500 | — | 7,906,350 | — | ||||||||||||
U.S. Short-Term Corporate Bond Fund | 1,146,000 | — | 563,903 | 87,345 | ||||||||||||
Emerging Markets Efficient Core Fund | 1,226,510 | — | 367,111 | 11,347 | ||||||||||||
International Efficient Core Fund | 4,844,176 | — | 1,964,754 | 6,577 | ||||||||||||
U.S. Efficient Core Fund | 9,785,910 | — | 8,163,536 | — | ||||||||||||
| WisdomTree Trust | 161 |
Notes to Financial Statements (continued)
| Year or Period Ended June 30, 2023 | Year or Period Ended June 30, 2022 | |||||||||||||||
| Fund | Distributions Paid from Ordinary Income* | Distributions Paid from Long-Term Capital Gains | Distributions Paid from Ordinary Income* | Distributions Paid from Long-Term Capital Gains | ||||||||||||
Artificial Intelligence and Innovation Fund | $ | 1,534 | $ | — | $ | — | 2 | $ | — | 2 | ||||||
Battery Value Chain and Innovation Fund | 21,975 | — | — | 3 | — | 3 | ||||||||||
BioRevolution Fund | 15,662 | — | 4,424 | — | ||||||||||||
Cloud Computing Fund | — | — | — | — | ||||||||||||
Cybersecurity Fund | 7,191 | — | 177,112 | — | ||||||||||||
| * | Includes short-term capital gains, if any. |
| 1 | For the period September 22, 2022 (commencement of operations) through June 30, 2023. |
| 2 | For the period December 9, 2021 (commencement of operations) through June 30, 2022. |
| 3 | For the period February 17, 2022 (commencement of operations) through June 30, 2022. |
At June 30, 2023, for Federal tax purposes, the Funds have capital loss carryforwards available to offset future capital gains as indicated in the following table. The loss carryforward amounts do not have an expiration date and, therefore, can be carried forward indefinitely until utilized. To the extent that these loss carryforwards are utilized, capital gains so offset will not be distributed to shareholders.
| Fund | Short-Term | Long-Term | Capital Loss Available Total | |||||||||
Dynamic Currency Hedged International Equity Fund | $ | 10,107,416 | $ | 34,312,157 | $ | 44,419,573 | ||||||
Dynamic Currency Hedged International SmallCap Equity Fund | — | — | — | |||||||||
Emerging Markets ESG Fund | 8,628,200 | 2,716,109 | 11,344,309 | |||||||||
Emerging Markets ex-China Fund | 58,092 | 6,816 | 64,908 | |||||||||
International ESG Fund | 713,147 | 2,845,092 | 3,558,239 | |||||||||
U.S. Corporate Bond Fund | 528,194 | 2,451,841 | 2,980,035 | |||||||||
U.S. High Yield Corporate Bond Fund | 1,289,351 | 6,616,886 | 7,906,237 | |||||||||
U.S. Short-Term Corporate Bond Fund | 686,728 | 799,944 | 1,486,672 | |||||||||
Emerging Markets Efficient Core Fund | 3,607,993 | 2,375,466 | 5,983,459 | |||||||||
International Efficient Core Fund | 6,388,016 | 8,024,854 | 14,412,870 | |||||||||
U.S. Efficient Core Fund | 62,309,788 | 72,611,709 | 134,921,497 | |||||||||
Artificial Intelligence and Innovation Fund | 156,220 | 28,909 | 185,129 | |||||||||
Battery Value Chain and Innovation Fund | 426,669 | 12,758 | 439,427 | |||||||||
BioRevolution Fund | 219,507 | 438,118 | 657,625 | |||||||||
Cloud Computing Fund | 137,090,900 | 154,485,702 | 291,576,602 | |||||||||
Cybersecurity Fund | 1,739,125 | 4,099,277 | 5,838,402 | |||||||||
Capital losses incurred after October 31 (“post-October capital losses”) and late year ordinary losses incurred after December 31 within the taxable year are deemed to arise on the first business day of each Fund’s next taxable year.
During the fiscal year or period ended June 30, 2023, the following Funds incurred and will elect to defer post-October capital losses and late year ordinary losses as follows:
| Fund | Short-Term Post-October Capital Losses | Long-Term Post-October Capital Losses | Late Year Ordinary Loss | |||||||||
Dynamic Currency Hedged International Equity Fund | $ | — | $ | — | $ | — | ||||||
Dynamic Currency Hedged International SmallCap Equity Fund | 9,494,287 | 4,713,763 | — | |||||||||
Emerging Markets ESG Fund | — | — | — | |||||||||
Emerging Markets ex-China Fund1 | — | — | — | |||||||||
International ESG Fund | — | — | — | |||||||||
U.S. Corporate Bond Fund | — | — | — | |||||||||
U.S. High Yield Corporate Bond Fund | — | — | — | |||||||||
U.S. Short-Term Corporate Bond Fund | — | — | — | |||||||||
Emerging Markets Efficient Core Fund | — | — | — | |||||||||
International Efficient Core Fund | — | — | — | |||||||||
| 162 | WisdomTree Trust |
Notes to Financial Statements (continued)
| Fund | Short-Term Post-October Capital Losses | Long-Term Post-October Capital Losses | Late Year Ordinary Loss | |||||||||
U.S. Efficient Core Fund | $ | — | $ | — | $ | — | ||||||
Artificial Intelligence and Innovation Fund | — | — | — | |||||||||
Battery Value Chain and Innovation Fund | — | — | — | |||||||||
BioRevolution Fund | — | — | — | |||||||||
Cloud Computing Fund | — | — | 1,018,743 | |||||||||
Cybersecurity Fund | — | — | — | |||||||||
| 1 | For the period September 22, 2022 (commencement of operations) through June 30, 2023. |
During the fiscal year or period ended June 30, 2023, the amount of capital loss carryforwards used to offset realized gains are shown in the following table:
| Fund | Utilized Capital Loss Carryforward | |||
Dynamic Currency Hedged International Equity Fund | $ | — | ||
Dynamic Currency Hedged International SmallCap Equity Fund | 2,618,349 | |||
Emerging Markets ESG Fund | — | |||
Emerging Markets ex-China Fund1 | — | |||
International ESG Fund | — | |||
U.S. Corporate Bond Fund | — | |||
U.S. High Yield Corporate Bond Fund | — | |||
U.S. Short-Term Corporate Bond Fund | — | |||
Emerging Markets Efficient Core Fund | — | |||
International Efficient Core Fund | — | |||
U.S. Efficient Core Fund | — | |||
Artificial Intelligence and Innovation Fund | — | |||
Battery Value Chain and Innovation Fund | — | |||
BioRevolution Fund | — | |||
Cloud Computing Fund | — | |||
Cybersecurity Fund | — | |||
| 1 | For the period September 22, 2022 (commencement of operations) through June 30, 2023. |
At June 30, 2023, the effect of permanent “book/tax” reclassifications resulted in increases (decreases) to the components of net assets as shown in the following table. The differences are primarily due to redemptions-in-kind.
| Fund | Total Distributable | Paid-in Capital | ||||||
Dynamic Currency Hedged International Equity Fund | $ | (1,587,729 | ) | $ | 1,587,729 | |||
Dynamic Currency Hedged International SmallCap Equity Fund | — | — | ||||||
Emerging Markets ESG Fund | (83,312 | ) | 83,312 | |||||
Emerging Markets ex-China Fund | (198,935 | ) | 198,935 | |||||
International ESG Fund | — | — | ||||||
U.S. Corporate Bond Fund | 4,647,018 | (4,647,018 | ) | |||||
U.S. High Yield Corporate Bond Fund | 3,957,179 | (3,957,179 | ) | |||||
U.S. Short-Term Corporate Bond Fund | 237,813 | (237,813 | ) | |||||
Emerging Markets Efficient Core Fund | 83,677 | (83,677 | ) | |||||
International Efficient Core Fund | 1,941,282 | (1,941,282 | ) | |||||
U.S. Efficient Core Fund | (25,612,810 | ) | 25,612,810 | |||||
Artificial Intelligence and Innovation Fund | — | — | ||||||
Battery Value Chain and Innovation Fund | — | — | ||||||
BioRevolution Fund | (137,815 | ) | 137,815 | |||||
Cloud Computing Fund | (6,435,546 | ) | 6,435,546 | |||||
Cybersecurity Fund | (198,924 | ) | 198,924 | |||||
| WisdomTree Trust | 163 |
Notes to Financial Statements (continued)
GAAP provides guidance on tax provisions that prescribe a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. As of and during the fiscal year or period ended June 30, 2023, the Funds did not have any liabilities for unrecognized tax benefits relating to uncertain income tax positions they have taken or expect to take in the future. If applicable, the Funds will recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in “Other” expenses on the Statements of Operations. The Funds file tax returns with the Internal Revenue Service, the State of New York, and various other states. Specific to U.S. federal and state taxes, generally, each of the tax years in the four-year period ended June 30, 2023, remains subject to examination by taxing authorities. Specific to foreign countries in which the Funds invest, all open tax years remain subject to examination by taxing authorities in the respective jurisdictions.
As a result of several European Court of Justice (“ECJ”) court cases in certain countries across the European Union (“EU”), certain Funds have filed additional tax reclaims for previously withheld taxes on dividends earned in those countries (“ECJ tax reclaims”). These additional filings are subject to various administrative proceedings by the local jurisdictions’ tax authorities within the EU, as well as a number of related judicial proceedings. Income recognized, if any, for ECJ tax reclaims is reflected as “Other income” in the Statements of Operations and the cost to file these additional ECJ tax reclaims is reflected as “Other fees” in the Statements of Operations. When the ECJ tax reclaim is not “more likely than not” to be sustained assuming examination by tax authorities due to the uncertainty that exists as to the ultimate resolution of these proceedings, the likelihood of receipt of these ECJ tax reclaims, and the potential timing of payment, no amounts are reflected in the financial statements. For U.S. income tax purposes, ECJ tax reclaims received by the Funds, if any, reduce the amounts of foreign taxes Fund shareholders can use as tax credits in their individual income tax returns. In the event that ECJ tax reclaims received by a Fund during the fiscal year exceed foreign
withholding taxes paid, and a Fund previously passed foreign tax credits on to its shareholders, a Fund must either amend historic tax reporting to shareholders or enter into a closing agreement with the Internal Revenue Service in order to pay the associated tax liability on behalf of the respective Fund’s shareholders. During the fiscal year or period ended June 30, 2023, the ECJ tax reclaims received by the Funds did not exceed the foreign withholding taxes of the respective Funds.
7. RECENT REGULATORY UPDATE
Effective August 19, 2022, the Funds have adopted policies and procedures to comply with new regulations issued by the SEC governing the use of derivatives by registered investment companies (“Rule 18f-4”). Rule 18f-4 imposes limits on the amount of derivatives a fund can enter into, eliminates the asset segregation framework used by the Funds prior to August 19, 2022 to comply with Section 18 of the 1940 Act, and requires funds, whose use of derivatives is greater than a limited specified amount, to establish and maintain a comprehensive derivatives risk management program and appoint a derivatives risk manager. Rule 18f-4 has not had a material impact on the Funds’ financial statements.
The fair valuation Rule 2a-5 went into effect on September 8, 2022. The Rule sets forth requirements for determining the fair value of portfolio securities and establishes a framework focused on process, testing and oversight. The Rule allows fund boards to designate a valuation designee responsible for performing fair value determinations in good faith. WTAM has been designated as the Valuation Designee for the Funds and is responsible for assessing material risks, establishing fair value methodologies, testing the appropriateness and accuracy of the methodologies and overseeing third-party pricing vendors. Under the new fair valuation policies, WTAM is responsible for regular quarterly reporting of any material fair valuation matter, annual reporting on the adequacy of the Valuation Designee’s processes, and the prompt notification to the board of any material impact of the fair value process on portfolio investments.
8. RECENT ACCOUNTING PRONOUNCEMENT
In June 2022, the FASB issued Accounting Standards Update No. 2022-03 (“ASU 2022-03”), Fair Value Measurement (Topic 820) — Fair Value Measurement of Equity Securities Subject to Contractual Sales Restrictions. The amendments in ASU 2022-03 clarify that a contractual restriction on a sale of an equity security is not considered a part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments also clarify that an entity cannot, as a separate unit of account, recognize and measure a contractual sale restriction. The amendments in ASU 2022-03 also require the following disclosures for equity securities subject to contractual sale restrictions: (i) the fair value of equity securities subject to contractual sale restrictions reflected in the balance sheet, (ii) the nature and remaining duration of the restriction(s), and (iii) the circumstances that could cause a lapse in the restriction(s). The amendments in ASU 2022-03 are effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years for public business entities (early adoption is also permitted). WTAM has evaluated ASU 2022-03 and determined that the adoption of ASU 2022-03 will not have a significant impact on the Trust’s financial statements and related disclosures.
| 164 | WisdomTree Trust |
Notes to Financial Statements (concluded)
9. ADDITIONAL INFORMATION
Russia’s military invasion of Ukraine initiated in February 2022 and the economic and diplomatic responses by the United States and other countries have led to increased volatility and uncertainty in the financial markets and could continue to adversely affect regional and global economies for the foreseeable future. In response to Russia’s actions, the governments of the United States, the European Union, the United Kingdom, and many other countries collectively imposed heavy and broad-ranging economic sanctions on certain Russian individuals, corporate and banking entities, and other industries and businesses. The sanctions restrict companies from doing business with Russia and Russian companies, prohibit transactions with the Russian central bank and other key Russian financial institutions and entities, ban Russian airlines and ships from using many other countries’ airspace and ports, respectively, and place a freeze on certain Russian assets. The sanctions also removed some Russian banks from the Society for Worldwide Interbank Financial Telecommunications (SWIFT), the electronic network that connects banks globally to facilitate cross-border payments. In addition, the United States has banned oil and other energy imports from Russia, as well as other popular Russian exports, such as diamonds, seafood and vodka. The European Union, the United Kingdom and other countries have also placed restrictions on certain oil, energy and luxury goods imports from Russia.
These sanctions, as well as other economic consequences related to the invasion, such as additional sanctions, boycotts, changes in consumer or purchaser preferences, or cyberattacks on governments, companies or individuals, may further decrease the value and liquidity of certain Russian securities as well as securities of issuers in other countries that are subject to or otherwise adversely affected by economic sanctions related to Russia’s invasion of Ukraine, including Russian counter measures. To the extent a Fund has exposure to Russian investments or investments in countries affected by the invasion or the sanctions, the Fund’s ability to price, buy, sell, receive or deliver, or receive dividends and interest payments on such investments may be impaired. In certain circumstances, such as when there is no market for a security or other means of valuing or disposing of a security, a Fund may determine to value the affected security at zero. In addition, any exposure a Fund may have to counterparties in Russia or in countries affected by the invasion could negatively affect the Fund’s portfolio. The extent and duration of Russia’s military actions and the repercussions of such actions are impossible to predict, but could result in continued significant market disruptions, including in the oil and natural gas markets, and may negatively affect global supply chains, inflation and global growth. Further, an escalation of the military conflict beyond Ukraine’s borders could result in significant, long-lasting damage to the economies of Eastern and Western Europe as well as the global economy. These and any related events could significantly and adversely affect a Fund’s performance and the value of an investment in the Fund, even in the absence of direct exposure to Russian issuers or issuers in other countries affected by the invasion.
* * * * * *
Financial markets around the world may experience extreme volatility, depressed valuations, decreased liquidity and heightened uncertainty and turmoil resulting from major cybersecurity events, geopolitical events (including wars, such as Russia’s invasion of Ukraine, terror attacks, and disruptions to foreign economic and trade relationships), public health emergencies, such as the COVID-19 pandemic, measures to address budget deficits, downgrading of sovereign debt, and public sentiment, among other events. Resulting market volatility, dramatic changes to interest rates, and otherwise unfavorable economic conditions may negatively impact Fund performance or impair a Fund’s ability to achieve its investment objective.
In March 2023, the financial distress of certain financial institutions raised economic concerns over disruption in the U.S. banking system and regarding the solvency of certain financial services firms. There can be no certainty that the actions taken by the U.S. government to strengthen public confidence in the U.S. banking system will be effective in mitigating the effects of financial institution failures on the economy and restoring public confidence in the U.S. banking system.
* * * * * *
Raising the ceiling on U.S. government debt has become increasingly politicized. Any failure to increase the total amount that the U.S. government is authorized to borrow could lead to a default on U.S. government obligations, with unpredictable consequences for economies and markets in the U.S. and elsewhere. On August 1, 2023, Fitch Ratings, Inc. (Fitch) downgraded its U.S. debt rating from the highest AAA rating to AA+, citing “a high and growing general government debt burden, and the erosion of governance relative to ‘AA’ and ‘AAA’ rated peers over the last two decades that has manifested in repeated debt limit standoffs and last-minute resolutions.” The impacts, if any, of the downgrade on financial markets are unknown at this time. The downgrade has potential market impacts, including but not limited to, steep stock market declines and rising bond yields.
| WisdomTree Trust | 165 |
Report of Independent Registered Public Accounting Firm
To the Shareholders of WisdomTree Dynamic Currency Hedged International Equity Fund, WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund, WisdomTree Emerging Markets ESG Fund, WisdomTree Emerging Markets ex-China Fund, WisdomTree International ESG Fund, WisdomTree U.S. Corporate Bond Fund, WisdomTree U.S. High Yield Corporate Bond Fund, WisdomTree U.S. Short-Term Corporate Bond Fund, WisdomTree Emerging Markets Efficient Core Fund, WisdomTree International Efficient Core Fund, WisdomTree U.S. Efficient Core Fund, WisdomTree Artificial Intelligence and Innovation Fund, WisdomTree Battery Value Chain and Innovation Fund, WisdomTree BioRevolution Fund, WisdomTree Cloud Computing Fund, and WisdomTree Cybersecurity Fund, and the Board of Trustees of WisdomTree Trust
Opinion on the Financial Statements
We have audited the accompanying statements of assets and liabilities of WisdomTree Dynamic Currency Hedged International Equity Fund, WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund, WisdomTree Emerging Markets ESG Fund, WisdomTree Emerging Markets ex-China Fund, WisdomTree International ESG Fund, WisdomTree U.S. Corporate Bond Fund, WisdomTree U.S. High Yield Corporate Bond Fund, WisdomTree U.S. Short-Term Corporate Bond Fund, WisdomTree Emerging Markets Efficient Core Fund, WisdomTree International Efficient Core Fund, WisdomTree U.S. Efficient Core Fund, WisdomTree Artificial Intelligence and Innovation Fund, WisdomTree Battery Value Chain and Innovation Fund, WisdomTree BioRevolution Fund, WisdomTree Cloud Computing Fund, and WisdomTree Cybersecurity Fund (collectively referred to as the “Funds”), (sixteen of the funds constituting WisdomTree Trust (the “Trust”)), including the schedules of investments, as of June 30, 2023, and the related statements of operations and changes in net assets, and the financial highlights for each of the periods indicated in the table below and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds (sixteen of the funds constituting WisdomTree Trust) at June 30, 2023, and the results of their operations, changes in net assets and financial highlights for each of the periods indicated in the table below, in conformity with U.S. generally accepted accounting principles.
| Individual fund constituting the WisdomTree Trust | Statement of operations | Statements of changes in net assets | Financial highlights | |||
WisdomTree Dynamic Currency Hedged International Equity Fund WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund WisdomTree Emerging Markets ESG Fund WisdomTree International ESG Fund WisdomTree U.S. Corporate Bond Fund WisdomTree U.S. High Yield Corporate Bond Fund WisdomTree U.S. Short-Term Corporate Bond Fund | For the year ended June 30, 2023 | For each of the two years in the period ended June 30, 2023 | For each of the five years in the period ended June 30, 2023 | |||
WisdomTree U.S. Efficient Core Fund | For the year ended June 30, 2023 | For each of the two years in the period ended June 30, 2023 | For each of the four years in the period ended June 30, 2023 and the period from August 2, 2018 (commencement of operations) through June 30, 2019 | |||
WisdomTree Cloud Computing Fund | For the year ended June 30, 2023 | For each of the two years in the period ended June 30, 2023 | For each of the three years in the period ended June 30, 2023 and the period from September 6, 2019 (commencement of operations) through June 30, 2020 | |||
WisdomTree Cybersecurity Fund | For the year ended June 30, 2023 | For each of the two years in the period ended June 30, 2023 | For each of the two years in the period ended June 30, 2023 and the period from January 28, 2021 (commencement of operations) through June 30, 2021 | |||
WisdomTree Emerging Markets Efficient Core Fund WisdomTree International Efficient Core Fund | For the year ended June 30, 2023 | For each of the two years in the period ended June 30, 2023 | For each of the two years in the period ended June 30, 2023 and the period from May 20, 2021 (commencement of operations) through June 30, 2021 | |||
WisdomTree BioRevolution Fund | For the year ended June 30, 2023 | For each of the two years in the period ended June 30, 2023 | For each of the two years in the period ended June 30, 2023 and the period from June 3, 2021 (commencement of operations) through June 30, 2021 | |||
| 166 | WisdomTree Trust |
Report of Independent Registered Public Accounting Firm (concluded)
| Individual fund constituting the WisdomTree Trust | Statement of operations | Statements of changes in net assets | Financial highlights | |||
WisdomTree Artificial Intelligence and Innovation Fund | For the year ended June 30, 2023 | For the year ended June 30, 2023 and the period from December 9, 2021 (commencement of operations) through June 30, 2022 | ||||
WisdomTree Battery Value Chain and Innovation Fund | For the year ended June 30, 2023 | For the year ended June 30, 2023 and the period from February 17, 2022 (commencement of operations) through June 30, 2022 | ||||
WisdomTree Emerging Markets ex-China Fund | For the period from September 22, 2022 (commencement of operations) through June 30, 2023 | |||||
Basis for Opinion
These financial statements are the responsibility of the Trust’s management. Our responsibility is to express an opinion on each of the Funds’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Trust in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Trust is not required to have, nor were we engaged to perform, an audit of the Trust’s internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Trust’s internal control over financial reporting. Accordingly, we express no such opinion.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our procedures included confirmation of securities owned as of June 30, 2023, by correspondence with the custodian and brokers; when replies were not received from brokers, we performed other auditing procedures. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
We have served as the auditor of one or more WisdomTree investment companies since 2006.
New York, New York
August 28, 2023
| WisdomTree Trust | 167 |
Liquidity Risk Management Program (unaudited)
The Funds adopted a liquidity risk management program (the “Program”) pursuant to the requirements of Rule 22e-4 (the “Rule”) under the Investment Company Act of 1940, as amended. The Rule requires registered open-end funds, including exchange-traded funds such as the Funds, to establish liquidity risk management programs in order to effectively manage fund liquidity and shareholder redemptions. The Rule is designed to mitigate the risk that a Fund could not meet redemption requests without significantly diluting the interest of remaining investors. The Board has appointed WisdomTree Asset Management, Inc., the investment advisor to the Funds, as the Program Administrator for each Fund’s Program.
The Rule requires the Funds to assess, manage and review their liquidity risk at least annually considering applicable factors such as investment strategy and liquidity during normal and foreseeable stressed conditions, including whether the strategy is appropriate for an open-ended fund and whether the Fund has a relatively concentrated portfolio or large positions in particular issuers. The Funds must also assess their use of borrowings and derivatives, short-term and long-term cash flow projections in normal and stressed conditions, holdings of cash and cash equivalents, and borrowing arrangements and other funding sources.
The Rule also requires the Funds to classify their investments into one of four liquidity categories: highly liquid, moderately liquid, less liquid or illiquid based on the number of days a Fund expects it would take to liquidate the investment, and to review these classifications at least monthly or more often under certain conditions. The periods range from three or fewer business days for a highly liquid investment to greater than seven calendar days for settlement of a less liquid investment. Illiquid investments are those a Fund does not expect to be able to sell or dispose of within seven calendar days without significantly changing the market value of the investment. A Fund is prohibited from acquiring an investment if, after the acquisition, its holdings of illiquid assets will exceed 15% of its net assets. In addition, if a Fund permits redemptions in-kind, the Rule requires the Fund to establish redemption in-kind policies and procedures governing how and when it will engage in such redemptions.
Pursuant to the Rule’s requirements, the Program has been reviewed and approved by the Fund’s Board. Furthermore, the Board has received a written report prepared by the Program Administrator that addresses the operation of the Program, assesses its adequacy and effectiveness and describes any material changes made to the Program. The Program Administrator has monitored the Fund’s liquidity risk and the liquidity classifications of the securities held by the Fund and has determined that the Program is operating effectively.
During the period from January 1, 2022 to December 31, 2022, there were no material changes to the Program and no material liquidity events that impacted the Funds. During the period, the Funds held sufficient highly liquid assets to meet fund redemptions.
Under normal expected foreseeable Fund redemption forecasts and foreseeable stressed Fund redemption forecasts, the Program Administrator believes that the Funds maintain sufficient highly liquid assets to meet Fund redemptions.
| 168 | WisdomTree Trust |
Trustees and Officers Information (unaudited)
Name | Position(s) Held with the Trust, Term of Office and Length of Time Served | Principal Occupation(s) During Past 5 Years | Number of Portfolios in Fund Complex Overseen by Trustee/ Officer+ | Other Directorships Held by Trustee | ||||||
| Trustees Who Are Interested Persons of the Trust | ||||||||||
| Jonathan Steinberg (1964) | Trustee, 2005- present; President, 2005-present | Chief Executive Officer, WisdomTree and WisdomTree Asset Management since 2005; President, WisdomTree and WisdomTree Asset Management from 2012 to 2019. | 80 | Director, WisdomTree and WisdomTree Asset Management. | ||||||
| Trustees Who Are Not Interested Persons of the Trust | ||||||||||
| David G. Chrencik* (1948) | Trustee, 2014-present | Chief Financial Officer of Sarus Indochina Select LP (hedge fund) since 2012; Chief Financial Officer of GeoGreen BioFuels, Inc. (biodiesel fuel producer) from 2010 to 2014; Audit Partner at PricewaterhouseCoopers LLP (public accounting firm) from 1972 to 2009 (includes positions prior to becoming Audit Partner and predecessor firms). | 80 | None. | ||||||
| Joel Goldberg**, *** (1945) | Trustee, 2012-present | Attorney, Partner at Stroock & Stroock & Lavan LLP from 2010 to 2018; Attorney, Partner at Willkie Farr & Gallagher LLP from 2006 to 2010. | 80 | Director, Better Business Bureau (Metropolitan New York, Long Island and the Mid-Hudson Region). | ||||||
| Toni Massaro*** (1955) | Trustee, 2006-present | Dean Emerita at the University of Arizona James E. Rogers College of Law (“Rogers College of Law”) since 2009 (distinguished Emerita in July 2009); Dean of the Rogers College of Law from 1999 to 2009; Regents’ Professor since 2006; Milton O. Riepe Chair in Constitutional Law since 1997; Professor at the Rogers College of Law since 1990. | 80 | None. | ||||||
Melinda A. Raso Kirstein**** (1955) | Trustee, 2014-present | Retired since 2004, Merrill Lynch Investment Management, Vice President; Senior Portfolio Manager, Fixed Income Management; Director, Tax Exempt Fund Management. | 80 | Associate Alumnae of Douglass College, Chair of Investment Committee. | ||||||
| Victor Ugolyn (1947) | Trustee, 2006-present; Chairman of the Board, 2006-present | Private Investor, from 2005 to present; President and Chief Executive Officer of William D. Witter, Inc. from 2005 to 2006; Consultant to AXA Enterprise in 2004; Chairman, President and Chief Executive Officer of Enterprise Capital Management (subsidiary of The MONY Group, Inc.) and Enterprise Group of Funds, Chairman of MONY Securities Corporation, and Chairman of the Fund Board of Enterprise Group of Funds from 1991 to 2004. | 80 | None. | ||||||
| WisdomTree Trust | 169 |
Trustees and Officers Information (unaudited) (concluded)
Name | Position(s) Held with the Trust, Term of Office and Length of Time Served | Principal Occupation(s) During Past 5 Years | Number of Portfolios in Fund Complex Overseen by Trustee/ Officer+ | Other Directorships Held by Trustee | ||||||
| Officers of the Trust | ||||||||||
Jonathan Steinberg***** (1964) | President, 2005- present; Trustee, 2005-present | Chief Executive Officer, WisdomTree and WisdomTree Asset Management since 2005; President, WisdomTree and WisdomTree Asset Management from 2012 to 2019. | 80 | See Interested Trustees Table Above. | ||||||
David Castano***** (1971) | Treasurer, 2013-present | Head of Fund Accounting & Administration, WisdomTree Asset Management, since 2020; Director of Fund Accounting & Administration, WisdomTree Asset Management, 2011 to 2020. | 80 | None. | ||||||
Terry Jane Feld***** (1960) | Chief Compliance Officer, 2012-present | Head of U.S. Compliance, WisdomTree Asset Management since 2022; Chief Compliance Officer WisdomTree Asset Management since 2012. | 80 | None. | ||||||
Joanne Antico***** (1975) | Chief Legal Officer and Secretary, 2021-present | General Counsel, WisdomTree Asset Management since 2021; Assistant General Counsel, WisdomTree Asset Management 2016 to 2021; Executive Director and Assistant Secretary, Morgan Stanley Investment Management Inc., 2005 to 2016. | 80 | None. | ||||||
TJ Darnowski***** (1984) | Assistant Secretary, 2021-present | Senior Investment Management Paralegal, WisdomTree Asset Management since 2021; Senior Legal Administrator, Ultimus Fund Solutions, 2019-2021; Assistant Vice President, State Street Bank & Trust Company, 2010 to 2019. | 80 | None. | ||||||
Clint Martin***** (1977) | Assistant Treasurer, 2015-present | Director of Fund Accounting & Administration, WisdomTree Asset Management, since 2020; Fund Manager, Fund Accounting & Administration, WisdomTree Asset Management, 2012 to 2020. | 80 | None. | ||||||
Angela Borreggine***** (1964) | Assistant Secretary, 2021-present | Assistant General Counsel, WisdomTree Asset Management since 2022; Vice President and Senior Counsel, Virtus Investment Partners, 2021-2022; Director, Senior Counsel, Allianz Global Investors, 2007-2021. | 80 | None. | ||||||
| + | As of June 30, 2023. |
| * | Chair of the Audit Committee. |
| ** | Chair of the Contracts Review Committee. |
| *** | Co-Chair of the Governance, Nominating and Compliance Committee. |
| **** | Chair of the Investment Committee. |
| ***** | Elected by and serves at the pleasure of the Board. |
| 170 | WisdomTree Trust |
Supplemental Information (unaudited)
Federal Income Tax Information
The following Federal tax information related to the Funds’ fiscal year or period ended June 30, 2023, is provided for information purposes only and should not be used for reporting to federal or state revenue agencies. Federal tax information for the calendar year will be reported to you on Form 1099-DIV in January 2024.
Certain dividends paid by the Funds may be subject to a maximum tax rate of 15%, as provided by the Jobs and Growth Tax Relief Reconciliation Act of 2003. Of the distributions paid during the fiscal year or period ended June 30, 2023, the following represents the maximum amount of ordinary income distributions that may be considered qualified dividend income:
| Fund | Qualified Dividend Income | |||
Dynamic Currency Hedged International Equity Fund | $ | 7,764,874 | ||
Dynamic Currency Hedged International SmallCap Equity Fund | 4,217,752 | |||
Emerging Markets ESG Fund | 325,380 | |||
Emerging Markets ex-China Fund1 | 129,595 | |||
International ESG Fund | 246,189 | |||
U.S. Corporate Bond Fund | — | |||
U.S. High Yield Corporate Bond Fund | — | |||
U.S. Short-Term Corporate Bond Fund | — | |||
Emerging Markets Efficient Core Fund | 606,108 | |||
International Efficient Core Fund | 4,844,176 | |||
U.S. Efficient Core Fund | 9,785,910 | |||
Artificial Intelligence and Innovation Fund | 1,534 | |||
Battery Value Chain and Innovation Fund | 21,975 | |||
BioRevolution Fund | 15,662 | |||
Cloud Computing Fund | — | |||
Cybersecurity Fund | 7,191 | |||
| 1 | For the period September 22, 2022 (commencement of operations) through June 30, 2023. |
The Dynamic Currency Hedged International SmallCap Equity Fund designates $1,343,894 paid during the fiscal year ended June 30, 2023, or if subsequently determined to be different, the maximum amount allowable by tax law, as a long-term capital gain dividend in accordance with Internal Revenue Code Section 852(b)(3)(C).
The Funds designate the following amount of ordinary income distributions paid during the fiscal year or period ended June 30, 2023 from qualified short-term gains and qualified interest income:
| Fund | Qualified Short- Term Gains | Qualified Interest Income | ||||||
Dynamic Currency Hedged International Equity Fund | 0.00 | % | 0.00 | % | ||||
Dynamic Currency Hedged International SmallCap Equity Fund | 0.00 | % | 0.00 | % | ||||
Emerging Markets ESG Fund | 0.00 | % | 0.00 | % | ||||
Emerging Markets ex-China Fund1 | 0.00 | % | 0.00 | % | ||||
International ESG Fund | 0.00 | % | 0.00 | % | ||||
U.S. Corporate Bond Fund | 0.00 | % | 100.00 | % | ||||
U.S. High Yield Corporate Bond Fund | 0.00 | % | 100.00 | % | ||||
U.S. Short-Term Corporate Bond Fund | 0.00 | % | 100.00 | % | ||||
Emerging Markets Efficient Core Fund | 0.00 | % | 0.00 | % | ||||
International Efficient Core Fund | 0.00 | % | 0.00 | % | ||||
U.S. Efficient Core Fund | 0.00 | % | 0.00 | % | ||||
Artificial Intelligence and Innovation Fund | 0.00 | % | 0.00 | % | ||||
Battery Value Chain and Innovation Fund | 0.00 | % | 0.00 | % | ||||
BioRevolution Fund | 0.00 | % | 0.00 | % | ||||
Cloud Computing Fund | 0.00 | % | 0.00 | % | ||||
Cybersecurity Fund | 0.00 | % | 0.00 | % | ||||
| 1 | For the period September 22, 2022 (commencement of operations) through June 30, 2023. |
| WisdomTree Trust | 171 |
Supplemental Information (unaudited) (concluded)
The following represents the percentage of dividends paid during the fiscal year or period ended June 30, 2023, that qualify for the 70% dividends received deduction for corporate shareholders:
| Fund | Dividends-Received Deduction | |||
Dynamic Currency Hedged International Equity Fund | — | |||
Dynamic Currency Hedged International SmallCap Equity Fund | — | |||
Emerging Markets ESG Fund | 0.19 | % | ||
Emerging Markets ex-China Fund1 | — | |||
International ESG Fund | — | |||
U.S. Corporate Bond Fund | — | |||
U.S. High Yield Corporate Bond Fund | — | |||
U.S. Short-Term Corporate Bond Fund | — | |||
Emerging Markets Efficient Core Fund | 0.10 | % | ||
International Efficient Core Fund | — | |||
U.S. Efficient Core Fund | 100.00 | % | ||
Artificial Intelligence and Innovation Fund | 45.22 | % | ||
Battery Value Chain and Innovation Fund | 7.04 | % | ||
BioRevolution Fund | 93.81 | % | ||
Cloud Computing Fund | — | |||
Cybersecurity Fund | 99.89 | % | ||
| 1 | For the period September 22, 2022 (commencement of operations) through June 30, 2023. |
The Funds intend to elect to pass through to shareholders the credit for taxes paid to foreign countries during the fiscal year or period ended June 30, 2023. The gross foreign source income and foreign taxes paid are as follows:
| Fund | Gross Foreign Income | Foreign Taxes Paid | ||||||
Dynamic Currency Hedged International Equity Fund | $ | 10,369,613 | $ | 676,008 | ||||
Dynamic Currency Hedged International SmallCap Equity Fund | 6,604,534 | 460,295 | ||||||
Emerging Markets ESG Fund | 718,391 | 112,838 | ||||||
Emerging Markets ex-China Fund1 | 218,692 | 39,229 | ||||||
International ESG Fund | 302,778 | 24,338 | ||||||
U.S. Corporate Bond Fund | — | — | ||||||
U.S. High Yield Corporate Bond Fund | — | — | ||||||
U.S. Short-Term Corporate Bond Fund | — | — | ||||||
Emerging Markets Efficient Core Fund | 1,393,269 | 160,854 | ||||||
International Efficient Core Fund | 5,400,708 | 454,557 | ||||||
U.S. Efficient Core Fund | — | — | ||||||
Artificial Intelligence and Innovation Fund | — | — | ||||||
Battery Value Chain and Innovation Fund | 57,872 | 9,697 | ||||||
BioRevolution Fund | — | — | ||||||
Cloud Computing Fund | — | — | ||||||
Cybersecurity Fund | — | — | ||||||
| 1 | For the period September 22, 2022 (commencement of operations) through June 30, 2023. |
| 172 | WisdomTree Trust |
General Information (unaudited)
Proxy Voting Policies, Procedures and Record
A complete copy of the Proxy Voting Policy may be obtained upon request, at no charge, by calling 1-866-909-WISE (9473) or writing to: WisdomTree Trust, c/o Foreside Fund Services, LLC, Three Canal Plaza Suite 100, Portland, ME, 04101.
The Trust is required to disclose annually the Funds’ complete proxy voting record on Form N-PX covering the most recent 12-month period ended June 30 and to file Form N-PX with the SEC no later than August 31 of each year. The current Form N-PX for the Funds is available at no charge upon request by calling 1-866-909-WISE (9473) or through the SEC’s website at www.sec.gov.
Shareholder Reports and Quarterly Portfolio Disclosure
The Funds file their complete schedule of portfolio holdings with the SEC for their first and third fiscal quarters as an exhibit to their reports on Form N-PORT. Copies of the filings are available, without charge, on the SEC’s website at www.sec.gov and are also available by calling the Trust at 1-866-909-WISE (9473). Copies of the filings may also be obtained, after paying a duplicating fee, by electronic request at the following E-mail address: publicinfo@sec.gov.
Information about each Fund’s portfolio holdings is available daily, without charge, at www.wisdomtree.com/investments.
The Statement of Additional Information (“SAI”) has additional information about the Funds’ Trustees and Officers and is available without charge upon request. Contact your financial representative for a free prospectus or SAI.
Frequency Distribution of Discounts & Premiums
Information about differences between the per share net asset value of each Fund and the market trading price of shares of each Fund are available, without charge, at www.wisdomtree.com/investments.
| WisdomTree Trust | 173 |
The WisdomTree Funds are exchange traded funds (“ETFs”) registered with the United States Securities and Exchange Commission as separate series (“Funds”) of WisdomTree Trust (“Trust”). WisdomTree Asset Management, Inc., a wholly owned subsidiary of WisdomTree, Inc., serves as the investment adviser to the Trust. None of the WisdomTree entities are affiliated with Foreside Fund Services, LLC, the Funds’ distributor. WisdomTree, Inc., its affiliates and their independent providers are not liable for any informational errors, incompleteness, delays, or for any actions taken in reliance on information contained herein.
There are risks associated with investing including possible loss of principal. Foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Investments in real estate involve additional special risks, such as credit risk, interest rate fluctuations and the effect of varied economic conditions. Funds that focus their investments in one country or region may be significantly impacted by events and developments associated with the region which can adversely affect performance. Funds focusing on a single sector and/or smaller companies generally experience greater price volatility. Investments in emerging, offshore or frontier markets are generally less liquid and less efficient than investments in developed markets and are subject to additional risks, such as risks of adverse governmental regulation and intervention or political developments. Fixed income investments are subject to interest rate risk; their value will normally decline as interest rates rise. In addition, when interest rates fall income may decline. Fixed income investments are also subject to credit risk, the risk that the issuer of a bond will fail to pay interest and principal in a timely manner, or that negative perceptions of the issuer’s ability to make such payments will cause the price of that bond to decline. High-yield or “junk” bonds have lower credit ratings and involve a greater risk to principal. While the fixed income funds attempt to limit credit and counterparty exposure, the value of an investment in the Funds may change quickly and without warning in response to issuer or counterparty defaults and changes in the credit ratings of the Fund’s portfolio investments. Investments in currency involve additional special risks, such as credit risk and interest rate fluctuations. Derivative investments can be volatile and these investments may be less liquid than other securities, and more sensitive to the effect of varied economic conditions. As these Funds can have a high concentration in some issuers the Funds can be adversely impacted by changes affecting such issuers. Due to the investment strategy of certain Funds they may make higher capital gain distributions than other ETFs. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.
Indexes are unmanaged and you cannot invest directly in an index.
Transactions in Fund shares will result in brokerage commissions and will generate tax consequences. Shares may be sold through brokerage accounts, but may be redeemed from the Funds only by Authorized Participants in large creation unit sizes of shares.
This report is intended for the Funds’ shareholders. It may not be distributed to prospective investors unless it is preceded or accompanied by the current prospectus.
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WTGM-8106
Item 2. Code of Ethics.
| (a) | The registrant, as of the end of the period covered by this report, has adopted a code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third party. |
| (b) | There have been no amendments, during the period covered by this report, to a provision of the code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third party, and that relates to any element of the code of ethics description. |
| (c) | The registrant has not granted any waivers, including an implicit waiver, from a provision of the code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third party, that relates to one or more of the items set forth in paragraph (b) of this item’s instructions. |
| (d) | The code of ethics is attached hereto as exhibit 13(a)(1). |
Item 3. Audit Committee Financial Expert.
The registrant’s Board of Trustees has determined that the registrant has one audit committee financial expert, as that term is defined under Item 3(b) and 3(c), serving on its audit committee. The audit committee financial expert serving on the registrant’s audit committee is David Chrencik, who is an independent trustee of the registrant, as that term is defined under Item 3(a)(2).
.Item 4. Principal Accountant Fees and Services.
Audit Fees
| (a) | The aggregate fees billed for each of the last two fiscal years for professional services rendered by the principal accountant for the audit of the registrant’s annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for those fiscal years were $392,795 for 2023 and $350,253 for 2022. |
Audit-Related Fees
| (b) | The aggregate fees billed for each of the last two fiscal years for assurance and related services by the principal accountant that are reasonably related to the performance of the audit of the registrant’s financial statements and are not reported under paragraph (a) of this Item were $0 for 2023 and $0 for 2022. |
Tax Fees
| (c) | The aggregate fees billed for each of the last two fiscal years for professional services rendered by the principal accountant for service fees for analysis of potential Passive Foreign Investment Companies, tax compliance, tax advice, and tax planning were $129,600 for 2023 and $130,790 for 2022. |
All Other Fees
| (d) | The aggregate fees billed for each of the last two fiscal years for products and services provided by the principal accountant, other than the services reported in paragraphs (a) through (c) of this Item were $0 for 2023 and $0 for 2022. |
| (e)(1) | Disclose the audit committee’s pre-approval policies and procedures described in paragraph (c)(7) of Rule 2-01 of Regulation S-X. |
Per Rule-01(c) (7) (A), the registrant’s audit committee charter provides that the audit committee shall select and approve in advance the retention of independent accountants to annually audit and provide their opinion on the registrant’s financial statements. The audit committee also must approve, prior to appointment, the engagement of the principal accountant to provide other audit services to the registrant or to provide non-audit services to the registrant, its investment adviser, or any entity controlling, controlled by, or under common control with its investment adviser (“adviser/affiliate”) that provides ongoing services to the registrant, if the engagement by the investment adviser or adviser affiliate relates directly to the operations and financial reporting of the registrant. The audit committee also must, prior to appointment of the engagement of the principal accountant, review and approve the fees proposed to be charged to the registrant by the auditors for each audit and non-audit service. The audit committee also must consider whether non-audit services provided by the registrant’s principal accountant to the registrant’s investment adviser, or adviser/affiliate that provides ongoing services to the registrant, are compatible with maintaining the auditor’s independence.
| (e)(2) | The registrant’s audit committee has approved 100% of services described in each of Items 4(b) through (d) pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X. |
| (f) | The percentage of hours expended on the principal accountant’s engagement to audit the registrant’s financial statements for the most recent fiscal year that were attributed to work performed by persons other than the principal accountant’s full-time, permanent employees was 0%. |
| (g) | The aggregate non-audit fees billed by the registrant’s accountant for services rendered to the registrant, and rendered to the registrant’s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the adviser that provides ongoing services to the registrant for each of the last two fiscal years of the registrant was $129,600 for 2023 and $131,434 for 2022. |
| (h) | Not applicable. |
| (i) | Not applicable. |
| (j) | Not applicable. |
Item 5. Audit Committee of Listed Registrants.
The registrant is an issuer as defined in Rule 10A-3 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and has a separately designated standing audit committee established in accordance with Section 3(a)(58)A of the Exchange Act. The registrant’s audit committee members are David Chrencik, Melinda Raso Kirstein and Victor Ugolyn.
Item 6. Investments.
| (a) | Schedule of Investments in securities of unaffiliated issuers as of the close of the reporting period is included as part of the report to shareholders filed under Item 1 of this form. |
| (b) | Not applicable. |
Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable.
Item 8. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable.
Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable.
Item 10. Submission of Matters to a Vote of Security Holders.
There have been no material changes to the procedures by which the shareholders may recommend nominees to the registrant’s board of trustees, where those changes were implemented after the registrant last provided disclosure in response to the requirements of Item 407(c)(2)(iv) of Regulation S-K (17 CFR 229.407) (as required by Item 22(b)(15) of Schedule 14A (17 CFR 240.14a-101)), or this Item.
Item 11. Controls and Procedures.
| (a) | The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (17 CFR 240.13a-15(b) or 240.15d-15(b)). |
| (b) | There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
Not applicable.
Item 13. Exhibits.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| (Registrant) | WisdomTree Trust | |||||
| By (Signature and Title) | /s/ Jonathan L. Steinberg | |||||
| Jonathan L. Steinberg, President | ||||||
| (principal executive officer) | ||||||
Date: October 26, 2023
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
| By (Signature and Title) | /s/ Jonathan L. Steinberg | |||||
| Jonathan L. Steinberg, President | ||||||
| (principal executive officer) | ||||||
| Date: October 26, 2023 | ||||||
| By (Signature and Title) | /s/ David Castano | |||||
| David Castano, Treasurer | ||||||
| (principal financial officer) | ||||||
Date: October 26, 2023