Table of Contents
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: 811-22311
Schwab Strategic Trust
(Exact name of registrant as specified in charter)
211 Main Street, San Francisco, California 94105 | ||
(Address of principal executive offices) (Zip code) |
Marie Chandoha
Schwab Strategic Trust
211 Main Street, San Francisco, California 94105
(Name and address of agent for service)
Registrant’s telephone number, including area code: (415) 636-7000
Date of fiscal year end: August 31
Date of reporting period: February 29, 2016
Table of Contents
Item 1: Report(s) to Shareholders.
Table of Contents
Equity ETF™
Equity ETF™
Equity ETF™
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Equity ETF
Equity ETF
Equity ETF
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2 | |
3 | |
5 | |
7 | |
Performance and Fund Facts | |
8 | |
10 | |
12 | |
14 | |
Financial Statements and Condensed Portfolio Holdings | |
15 | |
23 | |
30 | |
38 | |
47 | |
49 | |
50 | |
54 |
Total Returns for the 6 Months Ended February 29, 2016 | |
Schwab International Equity ETF (Ticker Symbol: SCHF) | |
Market Price Return1 | -9.55% |
NAV Return1 | -9.10% |
FTSE Developed ex US Index (Net)* | -9.04% |
ETF Category: Morningstar Foreign Large Blend2 | -7.91% |
Performance Details | pages 8-9 |
Schwab International Small-Cap Equity ETF (Ticker Symbol: SCHC) | |
Market Price Return1 | -6.99% |
NAV Return1 | -6.62% |
FTSE Developed Small Cap ex US Liquid Index (Net)* | -6.67% |
ETF Category: Morningstar Foreign Small/Mid Blend2 | -5.57% |
Performance Details | pages 10-11 |
Schwab Emerging Markets Equity ETF (Ticker Symbol: SCHE) | |
Market Price Return1 | -9.77% |
NAV Return1 | -9.70% |
FTSE Emerging Index (Net)* | -9.71% |
ETF Category: Morningstar Diversified Emerging Markets2 | -8.60% |
Performance Details | pages 12-13 |
* | The total return cited for the index is calculated net of foreign withholding taxes; the underlying tax rate information is available from FTSE. |
1 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing 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 return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
2 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
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![]() | Agnes Hong, CFA, Vice President and Head of Passive Equity Strategies, leads the portfolio management teams of Schwab's passive equity funds and ETFs, which comprise the Schwab Equity Index Funds, the Schwab Fundamental Index Funds, and the Schwab Equity ETFs. She also has overall responsibility for all aspects of the management of the funds. Prior to joining CSIM in 2009, Ms. Hong spent five years as a portfolio manager at Barclays Global Investors (subsequently acquired by BlackRock), where she managed institutional index funds and quantitative active funds. Prior to that, Ms. Hong worked in management consulting and product management, servicing global financial services clients. |
![]() | Ferian Juwono, CFA, Managing Director and Senior Portfolio Manager, is responsible for the day-to-day co-management of the funds. Prior to joining CSIM in 2010, Mr. Juwono worked at BlackRock (formerly Barclays Global Investors), where he spent more than three years as a portfolio manager, managing equity index funds for institutional clients, and nearly two years as a senior business analyst. Prior to that, Mr. Juwono worked for over four years as a senior financial analyst with Union Bank of California. |
![]() | Chuck Craig, CFA, Managing Director and Senior Portfolio Manager, is responsible for the day-to-day co-management of the funds. Prior to joining CSIM in 2012, Mr. Craig worked at Guggenheim Funds (formerly Claymore Group), where he spent over five years as a managing director of portfolio management and supervision, and three years as vice president of product research and development. Prior to that, he worked as an equity research analyst at First Trust Portfolios (formerly Niké Securities), and a trader and analyst at PMA Securities, Inc. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab International Equity ETF (11/3/09) | ||||
Market Price Return2 | -9.55% | -15.52% | -0.24% | 2.83% |
NAV Return2 | -9.10% | -15.30% | -0.03% | 2.88% |
FTSE Developed ex US Index (Net)3 | -9.04% | -15.31% | -0.04% | 2.95% |
ETF Category: Morningstar Foreign Large Blend4 | -7.91% | -14.82% | -0.56% | 3.46% |
* | Inception (11/3/09) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing 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 return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | The total return cited for the index is calculated net of foreign withholding taxes; the underlying tax rate information is available from FTSE. |
4 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
5 | As stated in the prospectus. |
Statistics | |
Number of Holdings | 1,215 |
Weighted Average Market Cap (millions) | $46,882 |
Price/Earnings Ratio (P/E) | 18.4 |
Price/Book Ratio (P/B) | 1.4 |
Portfolio Turnover Rate1,2 | 3% |
Sector Weightings % of Investments | |
Financials | 24.3% |
Industrials | 13.2% |
Consumer Discretionary | 12.9% |
Consumer Staples | 11.9% |
Health Care | 10.8% |
Materials | 6.9% |
Information Technology | 5.9% |
Energy | 5.5% |
Telecommunication Services | 4.6% |
Utilities | 3.6% |
Other | 0.4% |
Total | 100.0% |
Top Equity Holdings % of Net Assets3 | |
Nestle S.A. – Reg'd | 1.7% |
Roche Holding AG | 1.4% |
Novartis AG – Reg'd | 1.2% |
Toyota Motor Corp. | 1.1% |
HSBC Holdings plc | 0.9% |
Samsung Electronics Co., Ltd. GDR | 0.8% |
British American Tobacco plc | 0.8% |
Novo Nordisk A/S, B Shares | 0.7% |
Royal Dutch Shell plc, A Shares | 0.7% |
GlaxoSmithKline plc | 0.7% |
Total | 10.0% |
Japan | 21.6% |
United Kingdom | 17.4% |
France | 8.1% |
Switzerland | 8.0% |
Germany | 7.6% |
Canada | 6.9% |
Australia | 6.0% |
Republic of Korea | 3.8% |
Hong Kong | 3.2% |
Netherlands | 2.7% |
Spain | 2.6% |
Sweden | 2.6% |
Other Countries | 9.5% |
Total | 100.0% |
1 | Not annualized. |
2 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
3 | This list is not a recommendation of any security by the investment adviser. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab International Small-Cap Equity ETF (1/14/10) | ||||
Market Price Return2 | -6.99% | -10.22% | 0.60% | 3.88% |
NAV Return2 | -6.62% | -9.74% | 0.87% | 3.98% |
FTSE Developed Small Cap ex US Liquid Index (Net)3 | -6.67% | -9.70% | 0.84% | 4.13% |
ETF Category: Morningstar Foreign Small/Mid Blend4 | -5.57% | -8.12% | 2.10% | 4.37% |
* | Inception (1/14/10) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing 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 return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | The total return cited for the index is calculated net of foreign withholding taxes; the underlying tax rate information is available from FTSE. |
4 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
5 | As stated in the prospectus dated December 30, 2015. Effective March 1, 2016, the management fee was reduced to 0.16%. For more information, see financial note 4 or refer to the prospectus supplement dated March 1, 2016. |
Statistics | |
Number of Holdings | 1,684 |
Weighted Average Market Cap (millions) | $2,006 |
Price/Earnings Ratio (P/E) | 27.7 |
Price/Book Ratio (P/B) | 1.4 |
Portfolio Turnover Rate1,2 | 11% |
Sector Weightings % of Investments | |
Industrials | 20.1% |
Financials | 19.9% |
Consumer Discretionary | 16.2% |
Information Technology | 9.3% |
Materials | 9.2% |
Health Care | 7.3% |
Consumer Staples | 5.9% |
Energy | 4.3% |
Utilities | 2.2% |
Telecommunication Services | 1.6% |
Other | 4.0% |
Total | 100.0% |
Top Equity Holdings % of Net Assets3 | |
Paddy Power Betfair plc | 0.8% |
Constellation Software, Inc. | 0.4% |
Dollarama, Inc. | 0.4% |
Open Text Corp. | 0.4% |
Gildan Activewear, Inc. | 0.4% |
Onex Corp. | 0.3% |
CCL Industries, Inc., Class B | 0.3% |
LEG Immobilien AG | 0.3% |
Halma plc | 0.3% |
Teleperformance | 0.3% |
Total | 3.9% |
Japan | 17.7% |
United Kingdom | 17.6% |
Canada | 14.2% |
Republic of Korea | 5.0% |
Germany | 4.9% |
Australia | 4.7% |
Sweden | 4.4% |
United States | 3.9% |
France | 3.7% |
Switzerland | 3.6% |
Italy | 3.6% |
Other Countries | 16.7% |
Total | 100.0% |
1 | Not annualized. |
2 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
3 | This list is not a recommendation of any security by the investment adviser. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab Emerging Markets Equity ETF (1/14/10) | ||||
Market Price Return2 | -9.77% | -24.33% | -5.67% | -2.77% |
NAV Return2 | -9.70% | -24.00% | -5.51% | -2.79% |
FTSE Emerging Index (Net)3 | -9.71% | -23.97% | -5.38% | -2.53% |
ETF Category: Morningstar Diversified Emerging Markets4 | -8.60% | -22.96% | -6.86% | -2.95% |
* | Inception (1/14/10) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing 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 return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | The total return cited for the index is calculated net of foreign withholding taxes; the underlying tax rate information is available from FTSE. |
4 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
5 | As stated in the prospectus. |
Statistics | |
Number of Holdings | 751 |
Weighted Average Market Cap (millions) | $37,170 |
Price/Earnings Ratio (P/E) | 13.3 |
Price/Book Ratio (P/B) | 0.7 |
Portfolio Turnover Rate1,2 | 6% |
Sector Weightings % of Investments | |
Financials | 29.7% |
Information Technology | 15.4% |
Energy | 9.0% |
Consumer Discretionary | 8.4% |
Consumer Staples | 8.4% |
Telecommunication Services | 7.6% |
Materials | 7.1% |
Industrials | 7.0% |
Utilities | 3.9% |
Health Care | 2.9% |
Other | 0.6% |
Total | 100.0% |
Top Equity Holdings % of Net Assets3 | |
Taiwan Semiconductor Manufacturing Co., Ltd. ADR | 3.9% |
Tencent Holdings Ltd. | 3.5% |
China Mobile Ltd. | 2.1% |
China Construction Bank Corp., H Shares | 2.0% |
Naspers Ltd., N Shares | 1.9% |
Industrial & Commercial Bank of China Ltd., H Shares | 1.3% |
Hon Hai Precision Industry Co., Ltd. | 1.2% |
Infosys Ltd. | 1.1% |
Bank of China Ltd., H Shares | 1.0% |
Housing Development Finance Corp., Ltd. | 0.9% |
Total | 18.9% |
China | 25.9% |
Taiwan | 15.4% |
India | 12.1% |
South Africa | 8.7% |
Brazil | 7.0% |
Mexico | 5.7% |
Malaysia | 4.6% |
Russia | 4.5% |
Indonesia | 3.0% |
Thailand | 2.9% |
Other Countries | 10.2% |
Total | 100.0% |
1 | Not annualized. |
2 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
3 | This list is not a recommendation of any security by the investment adviser. |
As a fund shareholder, you may incur two types of costs: (1) transaction costs, including brokerage commissions on purchases and sales of fund shares; and, (2) ongoing costs, including management fees and other fund expenses.
Expense Ratio1 (Annualized) | Beginning Account Value at 9/1/15 | Ending Account Value (Net of Expenses) at 2/29/16 | Expenses Paid During Period2 9/1/15–2/29/16 | |
Schwab International Equity ETF | ||||
Actual Return | 0.08% | $1,000.00 | $ 909.00 | $0.38 |
Hypothetical 5% Return | 0.08% | $1,000.00 | $1,024.50 | $0.40 |
Schwab International Small-Cap Equity ETF | ||||
Actual Return | 0.18% | $1,000.00 | $ 933.80 | $ 0.87 |
Hypothetical 5% Return | 0.18% | $1,000.00 | $1,024.00 | $ 0.91 |
Schwab Emerging Markets Equity ETF | ||||
Actual Return | 0.14% | $1,000.00 | $ 903.00 | $0.66 |
Hypothetical 5% Return | 0.14% | $1,000.00 | $1,024.20 | $ 0.70 |
1 | Based on the most recent six-month expense ratio; may differ from the expense ratio provided in the Financial Highlights. |
2 | Expenses for each fund are equal to its annualized expense ratio, multiplied by the average account value over the period, multiplied by 182 days of the period, and divided by 366 days of the fiscal year. |
9/1/15– 2/29/16* | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 9/1/11– 8/31/12 | 9/1/10– 8/31/11 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $28.55 | $32.37 | $28.32 | $24.96 | $25.99 | $23.82 |
Income (loss) from investment operations: | ||||||
Net investment income (loss) | 0.27 1 | 0.87 1 | 0.88 | 0.66 | 0.76 | 0.68 |
Net realized and unrealized gains (losses) | (2.83) | (3.85) | 3.87 | 3.42 | (1.04) | 1.96 2 |
Total from investment operations | (2.56) | (2.98) | 4.75 | 4.08 | (0.28) | 2.64 |
Less distributions: | ||||||
Distributions from net investment income | (0.62) | (0.84) | (0.70) | (0.72) | (0.75) | (0.47) |
Net asset value at end of period | $25.37 | $28.55 | $32.37 | $28.32 | $24.96 | $25.99 |
Total return | (9.10%) 3 | (9.27%) | 16.90% | 16.55% | (0.75%) | 11.04% |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.08% 4 | 0.08% | 0.09% 5 | 0.09% | 0.13% | 0.13% |
Net investment income (loss) | 1.98% 4 | 2.86% | 3.44% | 3.03% | 3.40% | 3.10% |
Portfolio turnover rate6 | 3% 3 | 4% | 7% | 9% | 8% | 6% |
Net assets, end of period (x 1,000) | $4,584,018 | $4,042,603 | $2,654,016 | $1,464,105 | $768,666 | $634,208 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
98.7% | Common Stock | 5,054,199,633 | 4,526,256,713 |
0.6% | Preferred Stock | 32,456,334 | 25,611,428 |
0.0% | Rights | 12,699 | 13,140 |
0.6% | Other Investment Companies | 27,266,617 | 27,266,617 |
99.9% | Total Investments | 5,113,935,283 | 4,579,147,898 |
0.1% | Other Assets and Liabilities, Net | 4,870,401 | |
100.0% | Net Assets | 4,584,018,299 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Common Stock 98.7% of net assets | |||||
Australia 6.0% | |||||
Australia & New Zealand Banking Group Ltd. | 1,031,456 | 0.4 | 16,502,471 | ||
Commonwealth Bank of Australia | 600,562 | 0.7 | 30,086,652 | ||
National Australia Bank Ltd. | 907,516 | 0.3 | 15,679,796 | ||
Westpac Banking Corp. | 1,188,412 | 0.5 | 24,403,669 | ||
Other Securities | 4.1 | 186,444,898 | |||
6.0 | 273,117,486 | ||||
Austria 0.2% | |||||
Other Securities | 0.2 | 7,636,017 | |||
Belgium 1.2% | |||||
Anheuser-Busch InBev N.V. | 278,521 | 0.7 | 31,352,164 | ||
Other Securities | 0.5 | 25,913,503 | |||
1.2 | 57,265,667 | ||||
Canada 6.9% | |||||
Royal Bank of Canada | 512,652 | 0.6 | 26,139,726 | ||
The Bank of Nova Scotia | 423,030 | 0.4 | 17,101,080 | ||
The Toronto-Dominion Bank | 651,300 | 0.5 | 25,208,666 | ||
Other Securities | 5.4 | 245,799,657 | |||
6.9 | 314,249,129 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Denmark 1.7% | |||||
Novo Nordisk A/S, B Shares | 649,861 | 0.7 | 33,700,493 | ||
Other Securities | 1.0 | 45,548,859 | |||
1.7 | 79,249,352 | ||||
Finland 0.9% | |||||
Other Securities | 0.9 | 42,543,866 | |||
France 8.1% | |||||
BNP Paribas S.A. | 340,550 | 0.3 | 15,911,061 | ||
Sanofi | 390,845 | 0.7 | 31,081,797 | ||
Total S.A. | 724,336 | 0.7 | 32,563,261 | ||
Other Securities | 6.4 | 292,905,465 | |||
8.1 | 372,461,584 | ||||
Germany 7.2% | |||||
Allianz SE - Reg'd | 162,630 | 0.5 | 24,252,853 | ||
BASF SE | 325,554 | 0.5 | 21,287,518 | ||
Bayer AG - Reg'd | 288,622 | 0.7 | 30,240,670 | ||
Daimler AG - Reg'd | 336,683 | 0.5 | 23,083,431 | ||
Deutsche Telekom AG - Reg'd | 1,101,089 | 0.4 | 18,508,130 | ||
SAP SE | 312,953 | 0.5 | 23,782,339 | ||
Siemens AG - Reg'd | 278,970 | 0.6 | 25,904,201 | ||
Other Securities | 3.5 | 164,837,658 | |||
7.2 | 331,896,800 | ||||
Greece 0.0% | |||||
Other Securities | 0.0 | 1,931,096 | |||
Hong Kong 3.2% | |||||
AIA Group Ltd. | 4,184,279 | 0.5 | 21,362,226 | ||
Other Securities | 2.7 | 123,379,719 | |||
3.2 | 144,741,945 | ||||
Ireland 0.3% | |||||
Other Securities | 0.3 | 13,100,979 | |||
Israel 0.7% | |||||
Teva Pharmaceutical Industries Ltd. | 355,661 | 0.4 | 20,088,589 | ||
Other Securities | 0.3 | 11,922,585 | |||
0.7 | 32,011,174 | ||||
Italy 1.9% | |||||
Other Securities | 1.9 | 85,269,841 | |||
Japan 21.5% | |||||
Honda Motor Co., Ltd. | 625,844 | 0.3 | 16,007,191 | ||
KDDI Corp. | 642,435 | 0.4 | 16,380,314 | ||
Mitsubishi UFJ Financial Group, Inc. | 4,809,153 | 0.5 | 20,732,083 | ||
SoftBank Group Corp. | 325,262 | 0.4 | 16,062,108 | ||
Toyota Motor Corp. | 972,263 | 1.1 | 50,794,551 | ||
Other Securities | 18.8 | 866,916,197 | |||
21.5 | 986,892,444 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Netherlands 2.7% | |||||
Unilever N.V. CVA | 545,277 | 0.5 | 23,488,507 | ||
Other Securities | 2.2 | 100,077,840 | |||
2.7 | 123,566,347 | ||||
New Zealand 0.2% | |||||
Other Securities | 0.2 | 8,881,277 | |||
Norway 0.5% | |||||
Other Securities | 0.5 | 23,997,141 | |||
Portugal 0.1% | |||||
Other Securities | 0.1 | 6,197,599 | |||
Republic of Korea 3.7% | |||||
Samsung Electronics Co., Ltd. GDR | 76,496 | 0.8 | 36,679,832 | ||
Other Securities | 2.9 | 131,936,628 | |||
3.7 | 168,616,460 | ||||
Singapore 1.1% | |||||
Other Securities | 1.1 | 52,550,672 | |||
Spain 2.6% | |||||
Banco Santander S.A. | 5,020,211 | 0.4 | 20,471,532 | ||
Other Securities | 2.2 | 98,332,126 | |||
2.6 | 118,803,658 | ||||
Sweden 2.6% | |||||
Other Securities | 2.6 | 116,929,601 | |||
Switzerland 8.0% | |||||
Nestle S.A. - Reg'd | 1,087,015 | 1.7 | 76,505,775 | ||
Novartis AG - Reg'd | 737,081 | 1.2 | 53,023,949 | ||
Roche Holding AG | 248,020 | 1.4 | 63,997,128 | ||
UBS Group AG - Reg'd | 1,265,345 | 0.4 | 19,488,346 | ||
Other Securities | 3.3 | 153,121,363 | |||
8.0 | 366,136,561 | ||||
United Kingdom 17.4% | |||||
AstraZeneca plc | 439,693 | 0.5 | 25,165,896 | ||
BP plc | 6,307,817 | 0.7 | 30,894,472 | ||
British American Tobacco plc | 650,602 | 0.8 | 35,591,683 | ||
BT Group plc | 2,897,705 | 0.4 | 19,646,046 | ||
Diageo plc | 871,358 | 0.5 | 22,574,293 | ||
GlaxoSmithKline plc | 1,680,144 | 0.7 | 32,768,575 | ||
HSBC Holdings plc | 6,707,725 | 0.9 | 42,967,557 | ||
Imperial Brands plc | 328,205 | 0.4 | 17,026,212 | ||
Lloyds Banking Group plc | 21,346,370 | 0.5 | 21,537,770 | ||
National Grid plc | 1,267,690 | 0.4 | 17,021,700 | ||
Reckitt Benckiser Group plc | 229,542 | 0.5 | 20,984,767 | ||
Royal Dutch Shell plc, A Shares | 1,462,007 | 0.7 | 33,567,038 | ||
Royal Dutch Shell plc, B Shares | 1,317,053 | 0.7 | 30,193,072 | ||
SABMiller plc | 329,149 | 0.4 | 19,164,572 | ||
Unilever plc | 424,668 | 0.4 | 18,298,992 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Vodafone Group plc | 9,206,006 | 0.6 | 28,186,390 | ||
Other Securities | 8.3 | 382,620,982 | |||
17.4 | 798,210,017 | ||||
Total Common Stock | |||||
(Cost $5,054,199,633) | 4,526,256,713 | ||||
Preferred Stock 0.6% of net assets | |||||
Germany 0.4% | |||||
Other Securities | 0.4 | 17,503,419 | |||
Republic of Korea 0.2% | |||||
Other Securities | 0.2 | 6,959,796 | |||
Spain 0.0% | |||||
Other Securities | 0.0 | 1,148,213 | |||
Total Preferred Stock | |||||
(Cost $32,456,334) | 25,611,428 | ||||
Rights 0.0% of net assets | |||||
Italy 0.0% | |||||
Other Securities | 0.0 | 8 | |||
Spain 0.0% | |||||
Other Securities | 0.0 | 13,132 | |||
Total Rights | |||||
(Cost $12,699) | 13,140 | ||||
Other Investment Companies 0.6% of net assets | |||||
United States 0.6% | |||||
Money Market Fund 0.2% | |||||
Other Securities | 0.2 | 7,719,519 | |||
Securities Lending Collateral 0.4% | |||||
Wells Fargo Advantage Government Money Market Fund, Institutional Class 0.16% (c) | 0.4 | 19,547,098 | |||
Total Other Investment Companies | |||||
(Cost $27,266,617) | 27,266,617 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $18,848,331. |
(b) | Illiquid security. At the period end, the value of these amounted to $8 or 0.0% of net assets. |
(c) | The rate shown is the 7-day yield. |
(d) | Securities exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registrations, normally to qualified institutional buyers. At the period end, the value of these amounted to $7,830,580 or 0.2% of net assets. |
(e) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
ADR — | American Depositary Receipt |
CDI — | CHESS Depositary Interest |
CVA — | Dutch Certificate |
GDR — | Global Depositary Receipt |
Reg'd — | Registered |
REIT — | Real Estate Investment Trust |
RSP — | Risparmio (Convertible Savings Shares) |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
MSCI EAFE, e-mini, Long, expires 03/18/16 | 200 | 15,450,000 | 226,274 |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||
Common Stock1 | $4,526,256,713 | $— | $— | $4,526,256,713 | |||||
Preferred Stock1 | 25,611,428 | — | — | 25,611,428 | |||||
Rights 1 | 13,132 | — | — | 13,132 | |||||
Italy 1 | — | — | 8 | 8 | |||||
Other Investment Companies1 | 27,266,617 | — | — | 27,266,617 | |||||
Total | $4,579,147,890 | $— | $8 | $4,579,147,898 | |||||
Other Financial Instruments | |||||||||
Futures Contracts2 | $226,274 | $— | $— | $226,274 |
1 | As categorized in the complete schedule of portfolio holdings. |
2 | Futures contracts are not included in Investments in the schedule of condensed portfolio holdings and are valued at unrealized appreciation or depreciation. |
Investments in Securities | Balance as of August 31, 2015 | Realized Gains (Losses) | Change in Unrealized Appreciation (Depreciation) | Gross Purchases | Gross Sales | Gross Transfers in | Gross Transfers out | Balance as of February 29, 2016 | ||||||||
Common Stock | ||||||||||||||||
Republic of Korea | $2,501,775 | $— | $300,561 | $— | ($2,802,336) | $— | $— | $— | ||||||||
Rights | ||||||||||||||||
Italy | — | — | 8 | — | — | — | — | 8 | ||||||||
Total | $2,501,775 | $— | $300,569 | $— | ($2,802,336) | $— | $— | $8 |
Assets | ||
Investments, at value (cost $5,094,388,185) including securities on loan of $18,848,331 | $4,559,600,800 | |
Collateral invested for securities on loan, at value (cost $19,547,098) | + | 19,547,098 |
Total investments, at value (cost $5,113,935,283) | 4,579,147,898 | |
Deposit with broker for futures contracts | 852,000 | |
Foreign currency, at value (cost $9,956,521) | 9,956,872 | |
Receivables: | ||
Investments sold | 710 | |
Dividends | 10,481,353 | |
Foreign tax reclaims | 3,363,882 | |
Income from securities on loan | 111,403 | |
Interest | + | 1,398 |
Total assets | 4,603,915,516 | |
Liabilities | ||
Collateral held for securities on loan | 19,547,098 | |
Payables: | ||
Investment adviser fees | 69,942 | |
Variation margin on futures contracts | 106,000 | |
Accrued expenses | + | 174,177 |
Total liabilities | 19,897,217 | |
Net Assets | ||
Total assets | 4,603,915,516 | |
Total liabilities | – | 19,897,217 |
Net assets | $4,584,018,299 | |
Net Assets by Source | ||
Capital received from investors | 5,250,660,604 | |
Net investment income not yet distributed | 8,767,639 | |
Net realized capital losses | (140,615,818) | |
Net unrealized capital depreciation | (534,794,126) |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$4,584,018,299 | 180,700,000 | $25.37 | ||
Investment Income | ||
Dividends (net of foreign withholding tax of $3,566,260) | $45,326,469 | |
Interest | 3,459 | |
Securities on loan | + | 269,639 |
Total investment income | 45,599,567 | |
Expenses | ||
Investment adviser fees | 1,770,874 | |
Proxy fees | + | 175,240 |
Total expenses | – | 1,946,114 |
Net investment income | 43,653,453 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on investments | (60,800,197) | |
Net realized losses on futures contracts | (1,100,679) | |
Net realized losses on foreign currency transactions | + | (660,544) |
Net realized losses | (62,561,420) | |
Net change in unrealized appreciation (depreciation) on investments | (422,934,273) | |
Net change in unrealized appreciation (depreciation) on futures contracts | 358,164 | |
Net change in unrealized appreciation (depreciation) on foreign currency translations | + | (5,892) |
Net change in unrealized appreciation (depreciation) | + | (422,582,001) |
Net realized and unrealized losses | (485,143,421) | |
Decrease in net assets resulting from operations | ($441,489,968) |
Operations | |||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||
Net investment income | $43,653,453 | $95,013,058 | |
Net realized losses | (62,561,420) | (23,913,608) | |
Net change in unrealized appreciation (depreciation) | + | (422,582,001) | (419,722,897) |
Decrease in net assets resulting from operations | (441,489,968) | (348,623,447) | |
Distributions to Shareholders | |||
Distributions from net investment income | ($105,649,560) | ($79,192,160) |
Transactions in Fund Shares | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 39,100,000 | $1,088,555,242 | 60,400,000 | $1,838,831,135 | |
Shares redeemed | + | — | — | (800,000) | (22,428,935) |
Net transactions in fund shares | 39,100,000 | $1,088,555,242 | 59,600,000 | $1,816,402,200 | |
Shares Outstanding and Net Assets | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 141,600,000 | $4,042,602,585 | 82,000,000 | $2,654,015,992 | |
Total increase | + | 39,100,000 | 541,415,714 | 59,600,000 | 1,388,586,593 |
End of period | 180,700,000 | $4,584,018,299 | 141,600,000 | $4,042,602,585 | |
Net investment income not yet distributed | $8,767,639 | $70,763,746 |
9/1/15– 2/29/16* | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 9/1/11– 8/31/12 | 9/1/10– 8/31/11 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $29.46 | $33.32 | $28.61 | $24.94 | $27.48 | $23.54 |
Income (loss) from investment operations: | ||||||
Net investment income (loss) | 0.23 1 | 0.73 1 | 0.71 | 0.76 | 0.67 | 0.72 |
Net realized and unrealized gains (losses) | (2.15) | (3.84) | 4.90 | 3.72 | (2.39) | 3.88 |
Total from investment operations | (1.92) | (3.11) | 5.61 | 4.48 | (1.72) | 4.60 |
Less distributions: | ||||||
Distributions from net investment income | (0.67) | (0.75) | (0.90) | (0.81) | (0.82) | (0.66) |
Net asset value at end of period | $26.87 | $29.46 | $33.32 | $28.61 | $24.94 | $27.48 |
Total return | (6.62%) 2 | (9.29%) | 19.84% | 18.23% | (5.91%) | 19.52% |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.18% 3 | 0.18% 4 | 0.19% | 0.21% 5 | 0.35% | 0.35% |
Net investment income (loss) | 1.62% 3 | 2.40% | 2.21% | 2.86% | 2.65% | 2.46% |
Portfolio turnover rate6 | 11% 2 | 23% | 16% | 20% | 25% | 18% |
Net assets, end of period (x 1,000) | $631,499 | $609,773 | $403,229 | $280,422 | $159,610 | $162,139 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
98.9% | Common Stock | 656,636,655 | 624,810,081 |
0.3% | Preferred Stock | 1,972,980 | 2,170,247 |
0.0% | Rights | — | 13,612 |
4.4% | Other Investment Companies | 27,268,534 | 27,462,046 |
103.6% | Total Investments | 685,878,169 | 654,455,986 |
(3.6%) | Other Assets and Liabilities, Net | (22,956,555) | |
100.0% | Net Assets | 631,499,431 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Common Stock 98.9% of net assets | |||||
Australia 4.9% | |||||
DUET Group | 979,060 | 0.3 | 1,587,396 | ||
Vocus Communications Ltd. (b) | 211,054 | 0.2 | 1,236,112 | ||
Other Securities | 4.4 | 27,922,318 | |||
4.9 | 30,745,826 | ||||
Austria 1.0% | |||||
Other Securities | 1.0 | 6,242,774 | |||
Belgium 1.6% | |||||
Ackermans & van Haaren N.V. | 11,123 | 0.2 | 1,468,412 | ||
Other Securities | 1.4 | 8,579,754 | |||
1.6 | 10,048,166 | ||||
Canada 14.7% | |||||
AltaGas Ltd. (b) | 58,541 | 0.2 | 1,390,273 | ||
CCL Industries, Inc., Class B | 13,947 | 0.3 | 2,130,660 | ||
Constellation Software, Inc. | 6,700 | 0.4 | 2,792,178 | ||
Dollarama, Inc. | 45,436 | 0.4 | 2,641,769 | ||
Element Financial Corp. | 153,499 | 0.3 | 1,623,830 | ||
Empire Co., Ltd., A Shares | 67,017 | 0.2 | 1,295,220 | ||
Gildan Activewear, Inc. | 95,892 | 0.4 | 2,476,231 | ||
H&R Real Estate Investment Trust | 110,984 | 0.2 | 1,538,668 | ||
Keyera Corp. | 68,590 | 0.3 | 1,899,314 | ||
Kinross Gold Corp. * | 491,919 | 0.2 | 1,438,062 | ||
Onex Corp. | 37,582 | 0.3 | 2,208,421 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Open Text Corp. | 51,772 | 0.4 | 2,571,019 | ||
Progressive Waste Solutions Ltd. | 43,543 | 0.2 | 1,299,604 | ||
Other Securities | 10.9 | 67,566,193 | |||
14.7 | 92,871,442 | ||||
Denmark 1.3% | |||||
GN Store Nord A/S | 63,816 | 0.2 | 1,278,198 | ||
Other Securities | 1.1 | 7,195,372 | |||
1.3 | 8,473,570 | ||||
Finland 1.6% | |||||
Amer Sports Oyj | 48,334 | 0.2 | 1,349,695 | ||
Huhtamaki Oyj | 43,404 | 0.2 | 1,439,814 | ||
Other Securities | 1.2 | 6,947,318 | |||
1.6 | 9,736,827 | ||||
France 3.8% | |||||
Eurofins Scientific SE | 3,666 | 0.2 | 1,306,918 | ||
Orpea | 18,767 | 0.2 | 1,551,777 | ||
Teleperformance | 25,217 | 0.3 | 1,950,299 | ||
Other Securities | 3.1 | 19,268,492 | |||
3.8 | 24,077,486 | ||||
Germany 4.8% | |||||
Freenet AG | 47,734 | 0.2 | 1,427,076 | ||
KION Group AG * | 25,458 | 0.2 | 1,272,839 | ||
LEG Immobilien AG * | 24,372 | 0.3 | 2,003,848 | ||
Other Securities | 4.1 | 25,753,679 | |||
4.8 | 30,457,442 | ||||
Greece 0.3% | |||||
Other Securities | 0.3 | 2,097,226 | |||
Hong Kong 2.1% | |||||
Other Securities | 2.1 | 13,177,898 | |||
Ireland 0.5% | |||||
Kingspan Group plc | 74,503 | 0.3 | 1,878,879 | ||
Other Securities | 0.2 | 1,025,848 | |||
0.5 | 2,904,727 | ||||
Israel 0.4% | |||||
Other Securities | 0.4 | 2,540,005 | |||
Italy 3.7% | |||||
Banca Popolare di Milano Scarl | 1,890,076 | 0.2 | 1,308,183 | ||
Other Securities | 3.5 | 22,123,468 | |||
3.7 | 23,431,651 | ||||
Japan 18.3% | |||||
Other Securities | 18.3 | 115,786,202 | |||
Netherlands 2.1% | |||||
Other Securities | 2.1 | 13,042,059 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
New Zealand 0.8% | |||||
Other Securities | 0.8 | 5,159,783 | |||
Norway 1.2% | |||||
Other Securities | 1.2 | 7,816,665 | |||
Portugal 0.4% | |||||
Other Securities | 0.4 | 2,496,306 | |||
Republic of Korea 5.2% | |||||
Other Securities | 5.2 | 32,628,383 | |||
Singapore 1.7% | |||||
Other Securities | 1.7 | 10,927,582 | |||
Spain 2.3% | |||||
Gamesa Corp. Tecnologica S.A. | 90,025 | 0.3 | 1,706,901 | ||
Merlin Properties Socimi S.A. | 131,036 | 0.2 | 1,374,082 | ||
Other Securities | 1.8 | 11,486,734 | |||
2.3 | 14,567,717 | ||||
Sweden 4.5% | |||||
Elekta AB, B Shares | 144,604 | 0.2 | 1,278,706 | ||
NCC AB, B Shares | 38,076 | 0.2 | 1,282,958 | ||
Other Securities | 4.1 | 26,088,125 | |||
4.5 | 28,649,789 | ||||
Switzerland 3.6% | |||||
Other Securities | 3.6 | 22,418,148 | |||
United Kingdom 18.1% | |||||
Bellway plc | 47,843 | 0.3 | 1,712,188 | ||
Booker Group plc | 651,865 | 0.2 | 1,510,734 | ||
BTG plc * | 160,478 | 0.2 | 1,396,645 | ||
Essentra plc | 113,571 | 0.2 | 1,320,784 | ||
Great Portland Estates plc | 134,930 | 0.2 | 1,312,508 | ||
Greene King plc | 127,151 | 0.3 | 1,605,411 | ||
Halma plc | 161,225 | 0.3 | 1,994,063 | ||
Henderson Group plc | 423,610 | 0.2 | 1,388,486 | ||
Hiscox Ltd. | 120,000 | 0.3 | 1,627,167 | ||
IG Group Holdings plc | 143,676 | 0.2 | 1,523,727 | ||
Man Group plc | 662,035 | 0.2 | 1,424,513 | ||
Mediclinic International plc | 155,000 | 0.3 | 1,919,231 | ||
Micro Focus International plc | 76,290 | 0.2 | 1,568,187 | ||
Paddy Power Betfair plc | 33,793 | 0.8 | 5,086,144 | ||
RPC Group plc | 124,172 | 0.2 | 1,278,811 | ||
Shaftesbury plc | 116,627 | 0.2 | 1,395,332 | ||
Spirax-Sarco Engineering plc | 32,529 | 0.2 | 1,425,705 | ||
UBM plc | 184,638 | 0.2 | 1,519,424 | ||
Other Securities | 13.4 | 83,503,347 | |||
18.1 | 114,512,407 | ||||
Total Common Stock | |||||
(Cost $656,636,655) | 624,810,081 | ||||
Security | Number of Shares | % of Net Assets | Value ($) | ||
Preferred Stock 0.3% of net assets | |||||
Germany 0.3% | |||||
Other Securities | 0.3 | 1,885,703 | |||
Sweden 0.0% | |||||
Other Securities | 0.0 | 284,544 | |||
Total Preferred Stock | |||||
(Cost $1,972,980) | 2,170,247 | ||||
Rights 0.0% of net assets | |||||
Spain 0.0% | |||||
Other Securities | 0.0 | 13,612 | |||
Total Rights | |||||
(Cost $—) | 13,612 | ||||
Other Investment Companies 4.4% of net assets | |||||
Switzerland 0.2% | |||||
Other Securities | 0.2 | 1,128,236 | |||
United Kingdom 0.1% | |||||
Other Securities | 0.1 | 699,857 | |||
United States 4.1% | |||||
Equity Fund 0.1% | |||||
Other Securities | 0.1 | 690,450 | |||
Money Market Fund 0.1% | |||||
Other Securities | 0.1 | 300,785 | |||
Securities Lending Collateral 3.9% | |||||
Wells Fargo Advantage Government Money Market Fund, Institutional Class 0.16% (c) | 3.9 | 24,642,718 | |||
4.1 | 25,633,953 | ||||
Total Other Investment Companies | |||||
(Cost $27,268,534) | 27,462,046 |
* | Non-income producing security. |
(a) | Illiquid security. At the period end, the value of these amounted to $94,212 or 0.0% of net assets. |
(b) | All or a portion of this security is on loan. Securities on loan were valued at $23,581,911. |
(c) | The rate shown is the 7-day yield. |
(d) | Securities exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registrations, normally to qualified institutional buyers. At the period end, the value of these amounted to $9,719,812 or 1.5% of net assets. |
(e) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
CVA — | Dutch Certificate |
ETF — | Exchange-traded fund |
Reg'd — | Registered |
REIC — | Real Estate Investment Company |
REIT — | Real Estate Investment Trust |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||
Common Stock1 | $611,632,183 | $— | $— | $611,632,183 | |||||
Hong Kong | 13,083,686 | — | 94,212 | 13,177,898 | |||||
Preferred Stock1 | 2,170,247 | — | — | 2,170,247 | |||||
Rights 1 | — | — | 13,612 | 13,612 | |||||
Other Investment Companies1 | 27,462,046 | — | — | 27,462,046 | |||||
Total | $654,348,162 | $— | $107,824 | $654,455,986 |
1 | As categorized in the complete schedule of portfolio holdings. |
Investments in Securities | Balance as of August 31, 2015 | Realized Gains (Losses) | Change in Unrealized Appreciation (Depreciation) | Gross Purchases | Gross Sales | Gross Transfers in | Gross Transfers out | Balance as of February 29, 2016 | ||||||||
Common Stock | ||||||||||||||||
Australia | $— | $— | $234 | $— | ($234) | $— | $— | $— | ||||||||
Hong Kong | 231,341 | — | (137,129) | — | — | — | — | 94,212 | ||||||||
Rights | ||||||||||||||||
Germany | 35,681 | — | (17,740) | — | (17,941) | — | — | — | ||||||||
Spain | — | 1 | 13,612 | — | (1) | — | — | 13,612 | ||||||||
Total | $267,022 | $1 | ($141,023) | $— | ($18,176) | $— | $— | $107,824 |
Assets | ||
Investments, at value (cost $661,235,451) including securities on loan of $23,581,911 | $629,813,268 | |
Collateral invested for securities on loan, at value (cost $24,642,718) | + | 24,642,718 |
Total investments, at value (cost $685,878,169) | 654,455,986 | |
Foreign currency, at value (cost $1,376,840) | 1,368,099 | |
Receivables: | ||
Investments sold | 486,450 | |
Dividends | 865,026 | |
Foreign tax reclaims | 172,904 | |
Income from securities on loan | 78,003 | |
Interest | + | 37 |
Total assets | 657,426,505 | |
Liabilities | ||
Collateral held for securities on loan | 24,642,718 | |
Payables: | ||
Investments bought | 1,236,256 | |
Investment adviser fees | 22,725 | |
Accrued expenses | + | 25,375 |
Total liabilities | 25,927,074 | |
Net Assets | ||
Total assets | 657,426,505 | |
Total liabilities | – | 25,927,074 |
Net assets | $631,499,431 | |
Net Assets by Source | ||
Capital received from investors | 714,433,741 | |
Distributions in excess of net investment income | (5,712,778) | |
Net realized capital losses | (45,773,538) | |
Net unrealized capital depreciation | (31,447,994) |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$631,499,431 | 23,500,000 | $26.87 | ||
Investment Income | ||
Dividends (net of foreign withholding tax of $482,980) | $5,374,676 | |
Securities on loan | + | 312,218 |
Total investment income | 5,686,894 | |
Expenses | ||
Investment adviser fees | 568,500 | |
Proxy fees | + | 25,534 |
Total expenses | – | 594,034 |
Net investment income | 5,092,860 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on investments (net of foreign capital gains tax of $163) | (10,580,914) | |
Net realized gains on in-kind redemptions | 3,951,564 | |
Net realized losses on foreign currency transactions | + | (29,338) |
Net realized losses | (6,658,688) | |
Net change in unrealized appreciation (depreciation) on investments | (42,819,623) | |
Net change in unrealized appreciation (depreciation) on foreign currency translations | + | (11,893) |
Net change in unrealized appreciation (depreciation) | + | (42,831,516) |
Net realized and unrealized losses | (49,490,204) | |
Decrease in net assets resulting from operations | ($44,397,344) |
Operations | |||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||
Net investment income | $5,092,860 | $11,329,928 | |
Net realized losses | (6,658,688) | (10,158,381) | |
Net change in unrealized appreciation (depreciation) | + | (42,831,516) | (49,958,289) |
Decrease in net assets resulting from operations | (44,397,344) | (48,786,742) | |
Distributions to Shareholders | |||
Distributions from net investment income | ($15,625,200) | ($9,800,110) |
Transactions in Fund Shares | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 3,200,000 | $93,516,670 | 9,200,000 | $284,437,217 | |
Shares redeemed | + | (400,000) | (11,767,718) | (600,000) | (19,306,798) |
Net transactions in fund shares | 2,800,000 | $81,748,952 | 8,600,000 | $265,130,419 | |
Shares Outstanding and Net Assets | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 20,700,000 | $609,773,023 | 12,100,000 | $403,229,456 | |
Total increase | + | 2,800,000 | 21,726,408 | 8,600,000 | 206,543,567 |
End of period | 23,500,000 | $631,499,431 | 20,700,000 | $609,773,023 | |
Distributions in excess of net investment income/ Net investment income not yet distributed | ($5,712,778) | $4,819,562 |
9/1/15– 2/29/16* | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 9/1/11– 8/31/12 | 9/1/10– 8/31/11 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $20.83 | $27.34 | $22.94 | $23.65 | $26.10 | $24.30 |
Income (loss) from investment operations: | ||||||
Net investment income (loss) | 0.14 1 | 0.66 1 | 0.63 | 0.50 | 0.63 | 0.62 |
Net realized and unrealized gains (losses) | (2.13) | (6.49) | 4.40 | (0.65) | (2.51) | 1.41 2 |
Total from investment operations | (1.99) | (5.83) | 5.03 | (0.15) | (1.88) | 2.03 |
Less distributions: | ||||||
Distributions from net investment income | (0.49) | (0.68) | (0.63) | (0.56) | (0.57) | (0.23) |
Net asset value at end of period | $18.35 | $20.83 | $27.34 | $22.94 | $23.65 | $26.10 |
Total return | (9.70%) 3 | (21.62%) | 22.31% | (0.89%) | (7.04%) | 8.31% |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.14% 4 | 0.14% | 0.14% | 0.15% | 0.25% | 0.25% |
Net investment income (loss) | 1.47% 4 | 2.66% | 2.89% | 2.63% | 2.96% | 2.78% |
Portfolio turnover rate5 | 6% 3 | 8% | 9% | 15% | 9% | 9% |
Net assets, end of period (x 1,000) | $1,427,295 | $1,276,740 | $1,273,840 | $811,915 | $515,595 | $396,661 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
97.8% | Common Stock | 1,689,219,473 | 1,396,071,984 |
1.9% | Preferred Stock | 53,667,422 | 26,519,021 |
0.0% | Rights | — | 5,769 |
0.6% | Other Investment Companies | 8,504,021 | 8,504,021 |
100.3% | Total Investments | 1,751,390,916 | 1,431,100,795 |
(0.3%) | Other Assets and Liabilities, Net | (3,805,847) | |
100.0% | Net Assets | 1,427,294,948 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Common Stock 97.8% of net assets | |||||
Brazil 5.5% | |||||
Ambev S.A. ADR | 2,367,310 | 0.7 | 10,274,124 | ||
BRF S.A. ADR | 441,185 | 0.4 | 5,633,933 | ||
Itau Unibanco Holding S.A. ADR | 1,549,505 | 0.7 | 9,761,882 | ||
Other Securities | 3.7 | 52,998,089 | |||
5.5 | 78,668,028 | ||||
Chile 1.5% | |||||
Other Securities | 1.5 | 21,026,185 | |||
China 26.0% | |||||
Bank of China Ltd., H Shares | 39,239,753 | 1.0 | 14,684,347 | ||
China Construction Bank Corp., H Shares | 47,574,180 | 2.0 | 27,836,721 | ||
China Life Insurance Co., Ltd., H Shares | 3,886,212 | 0.6 | 8,455,946 | ||
China Mobile Ltd. | 2,789,232 | 2.1 | 29,484,368 | ||
China Overseas Land & Investment Ltd. | 2,049,320 | 0.4 | 6,087,754 | ||
China Petroleum & Chemical Corp., H Shares | 13,573,511 | 0.5 | 7,558,149 | ||
CNOOC Ltd. | 8,532,612 | 0.6 | 8,734,347 | ||
Industrial & Commercial Bank of China Ltd., H Shares | 37,610,896 | 1.3 | 18,572,924 | ||
PetroChina Co., Ltd., H Shares | 11,330,944 | 0.5 | 7,271,132 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Ping An Insurance Group Co. of China Ltd., H Shares | 2,657,153 | 0.8 | 11,242,110 | ||
Tencent Holdings Ltd. | 2,773,754 | 3.5 | 50,615,754 | ||
Other Securities | 12.7 | 180,565,390 | |||
26.0 | 371,108,942 | ||||
Colombia 0.6% | |||||
Other Securities | 0.6 | 8,590,591 | |||
Czech Republic 0.2% | |||||
Other Securities | 0.2 | 2,915,946 | |||
Egypt 0.2% | |||||
Other Securities | 0.2 | 3,460,873 | |||
Hungary 0.4% | |||||
Other Securities | 0.4 | 4,916,811 | |||
India 12.1% | |||||
HDFC Bank Ltd. | 382,447 | 0.4 | 5,431,949 | ||
Housing Development Finance Corp., Ltd. | 831,703 | 0.9 | 12,887,902 | ||
Infosys Ltd. | 989,960 | 1.1 | 15,683,831 | ||
Reliance Industries Ltd. | 834,890 | 0.8 | 11,794,613 | ||
Sun Pharmaceutical Industries Ltd. | 598,429 | 0.5 | 7,468,009 | ||
Tata Consultancy Services Ltd. | 247,490 | 0.6 | 7,873,383 | ||
Other Securities | 7.8 | 111,509,575 | |||
12.1 | 172,649,262 | ||||
Indonesia 3.0% | |||||
PT Astra International Tbk | 10,850,812 | 0.4 | 5,517,912 | ||
PT Bank Central Asia Tbk | 6,270,687 | 0.4 | 6,318,988 | ||
PT Telekomunikasi Indonesia (Persero) Tbk | 26,195,704 | 0.4 | 6,366,739 | ||
Other Securities | 1.8 | 24,791,665 | |||
3.0 | 42,995,304 | ||||
Malaysia 4.7% | |||||
Malayan Banking Berhad | 2,654,500 | 0.4 | 5,372,127 | ||
Public Bank Berhad | 1,570,854 | 0.5 | 6,903,539 | ||
Tenaga Nasional Berhad | 1,713,274 | 0.4 | 5,345,578 | ||
Other Securities | 3.4 | 48,819,890 | |||
4.7 | 66,441,134 | ||||
Mexico 5.7% | |||||
America Movil S.A.B. de C.V., Series L | 14,528,598 | 0.7 | 9,912,252 | ||
Fomento Economico Mexicano S.A.B. de C.V. | 1,146,065 | 0.8 | 10,766,180 | ||
Grupo Financiero Banorte S.A.B. de C.V., O Shares | 1,212,396 | 0.4 | 6,141,412 | ||
Grupo Televisa S.A.B., Series CPO | 1,402,075 | 0.5 | 7,240,217 | ||
Wal-Mart de Mexico S.A.B. de C.V. | 3,080,290 | 0.5 | 7,271,984 | ||
Other Securities | 2.8 | 40,212,904 | |||
5.7 | 81,544,949 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Peru 0.3% | |||||
Other Securities | 0.3 | 4,178,222 | |||
Philippines 1.9% | |||||
Other Securities | 1.9 | 27,354,315 | |||
Poland 1.6% | |||||
Other Securities | 1.6 | 23,059,493 | |||
Russia 4.2% | |||||
Gazprom PAO ADR | 2,937,625 | 0.8 | 10,820,742 | ||
LUKOIL PJSC * | 267,327 | 0.7 | 9,568,366 | ||
Magnit PJSC GDR - Reg'd | 159,041 | 0.4 | 5,327,873 | ||
Sberbank of Russia PJSC * | 5,186,001 | 0.5 | 7,394,439 | ||
Other Securities | 1.8 | 26,804,120 | |||
4.2 | 59,915,540 | ||||
South Africa 8.7% | |||||
MTN Group Ltd. | 908,738 | 0.5 | 7,702,877 | ||
Naspers Ltd., N Shares | 223,785 | 1.9 | 26,721,105 | ||
Sasol Ltd. | 286,339 | 0.5 | 7,748,344 | ||
Steinhoff International Holdings N.V. | 1,284,109 | 0.5 | 6,890,385 | ||
Other Securities | 5.3 | 75,536,452 | |||
8.7 | 124,599,163 | ||||
Taiwan 15.4% | |||||
Chunghwa Telecom Co., Ltd. ADR | 200,135 | 0.4 | 6,282,238 | ||
CTBC Financial Holding Co., Ltd. | 9,653,623 | 0.3 | 4,705,967 | ||
Delta Electronics, Inc. | 1,165,148 | 0.3 | 4,715,708 | ||
Formosa Chemicals & Fibre Corp. | 2,396,008 | 0.4 | 5,393,037 | ||
Formosa Plastics Corp. | 2,545,560 | 0.4 | 6,051,373 | ||
Hon Hai Precision Industry Co., Ltd. | 7,226,969 | 1.2 | 16,962,674 | ||
MediaTek, Inc. | 782,713 | 0.4 | 5,558,506 | ||
Nan Ya Plastics Corp. | 3,000,816 | 0.4 | 5,761,075 | ||
Taiwan Semiconductor Manufacturing Co., Ltd. ADR | 2,377,466 | 3.9 | 55,989,324 | ||
Other Securities | 7.7 | 108,204,850 | |||
15.4 | 219,624,752 | ||||
Thailand 2.9% | |||||
Other Securities | 2.9 | 41,643,064 | |||
Turkey 1.8% | |||||
Other Securities | 1.8 | 25,802,800 | |||
United Arab Emirates 1.1% | |||||
Other Securities | 1.1 | 15,576,610 | |||
Total Common Stock | |||||
(Cost $1,689,219,473) | 1,396,071,984 | ||||
Security | Number of Shares | % of Net Assets | Value ($) | ||
Preferred Stock 1.9% of net assets | |||||
Brazil 1.5% | |||||
Banco Bradesco S.A. | 1,377,270 | 0.5 | 7,385,958 | ||
Other Securities | 1.0 | 13,633,573 | |||
1.5 | 21,019,531 | ||||
Colombia 0.1% | |||||
Other Securities | 0.1 | 1,149,832 | |||
Russia 0.3% | |||||
Other Securities | 0.3 | 4,349,658 | |||
Total Preferred Stock | |||||
(Cost $53,667,422) | 26,519,021 | ||||
Rights 0.0% of net assets | |||||
Brazil 0.0% | |||||
Other Securities | 0.0 | 5,769 | |||
Total Rights | |||||
(Cost $—) | 5,769 | ||||
Other Investment Companies 0.6% of net assets | |||||
United States 0.6% | |||||
Money Market Fund 0.2% | |||||
Other Securities | 0.2 | 2,318,573 | |||
Securities Lending Collateral 0.4% | |||||
Wells Fargo Advantage Government Money Market Fund, Institutional Class 0.16% (d) | 0.4 | 6,185,448 | |||
Total Other Investment Companies | |||||
(Cost $8,504,021) | 8,504,021 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $5,779,464. |
(b) | Securities exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registrations, normally to qualified institutional buyers. At the period end, the value of these amounted to $6,383,431 or 0.4% of net assets. |
(c) | Illiquid security. At the period end, the value of these amounted to $1,559,647 or 0.1% of net assets. |
(d) | The rate shown is the 7-day yield. |
(e) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
ADR — | American Depositary Receipt |
GDR — | Global Depositary Receipt |
NVDR — | Non-Voting Depositary Receipt |
Reg'd — | Registered |
REIT — | Real Estate Investment Trust |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
MSCI EAFE, e-mini, Long, expires 03/18/16 | 50 | 1,855,250 | 37,879 |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||
Common Stock1 | $1,016,372,451 | $— | $— | $1,016,372,451 | |||||
China | 369,362,662 | — | 1,746,280 | 371,108,942 | |||||
Colombia | 7,674,532 | — | 916,059 | 8,590,591 | |||||
Preferred Stock1 | 26,519,021 | — | — | 26,519,021 | |||||
Rights 1 | 5,769 | — | — | 5,769 | |||||
Other Investment Companies1 | 8,504,021 | — | — | 8,504,021 | |||||
Total | $1,428,438,456 | $— | $2,662,339 | $1,431,100,795 | |||||
Other Financial Instruments | |||||||||
Futures Contracts2 | $37,879 | $— | $— | $37,879 |
1 | As categorized in the complete schedule of portfolio holdings. |
2 | Futures contracts are not included in Investments in the schedule of condensed portfolio holdings and are valued at unrealized appreciation or depreciation. |
Investments in Securities | Balance as of August 31, 2015 | Realized Gains (Losses) | Change in Unrealized Appreciation (Depreciation) | Gross Purchases | Gross Sales | Gross Transfers in | Gross Transfers out | Balance as of February 29, 2016 | ||||||||
Common Stock | ||||||||||||||||
China | $4,014,121 | $60,293 | $424,761 | $416,806 | ($812,906) | $1,343,335 | ($3,700,130) | $1,746,280 | ||||||||
Colombia | — | — | 187,705 | 159,171 | — | 569,183 | — | 916,059 | ||||||||
Pakistan | 137,863 | (37,191) | 24,718 | — | (125,390) | — | — | — | ||||||||
Total | $4,151,984 | $23,102 | $637,184 | $575,977 | ($938,296) | $1,912,518 | ($3,700,130) | $2,662,339 |
Assets | ||
Investments, at value (cost $1,745,205,468) including securities on loan of $5,779,464 | $1,424,915,347 | |
Collateral invested for securities on loan, at value (cost $6,185,448) | + | 6,185,448 |
Total investments, at value (cost $1,751,390,916) | 1,431,100,795 | |
Cash | 280,369 | |
Deposit with broker for futures contracts | 135,000 | |
Foreign currency, at value (cost $579,045) | 578,898 | |
Receivables: | ||
Investments sold | 2,021,125 | |
Dividends | 1,493,017 | |
Income from securities on loan | 31,443 | |
Foreign tax reclaims | 17,411 | |
Variation margin on futures contracts | 16,250 | |
Interest | + | 529 |
Total assets | 1,435,674,837 | |
Liabilities | ||
Collateral held for securities on loan | 6,185,448 | |
Payables: | ||
Investments bought | 2,099,447 | |
Investment adviser fees | 39,671 | |
Accrued expenses | + | 55,323 |
Total liabilities | 8,379,889 | |
Net Assets | ||
Total assets | 1,435,674,837 | |
Total liabilities | – | 8,379,889 |
Net assets | $1,427,294,948 | |
Net Assets by Source | ||
Capital received from investors | 1,915,767,774 | |
Distributions in excess of net investment income | (2,230,286) | |
Net realized capital losses | (165,976,007) | |
Net unrealized capital depreciation | (320,266,533) |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$1,427,294,948 | 77,800,000 | $18.35 | ||
Investment Income | ||
Dividends (net of foreign withholding tax of $1,057,380) | $10,985,999 | |
Securities on loan | + | 134,546 |
Total investment income | 11,120,545 | |
Expenses | ||
Investment adviser fees | 967,544 | |
Proxy fees | + | 55,659 |
Total expenses | – | 1,023,203 |
Net investment income | 10,097,342 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on investments | (36,627,587) | |
Net realized losses on futures contracts | (278,108) | |
Net realized losses on foreign currency transactions | + | (397,089) |
Net realized losses | (37,302,784) | |
Net change in unrealized appreciation (depreciation) on investments (net of change in foreign capital gain tax of $1,325,702) | (121,267,236) | |
Net change in unrealized appreciation (depreciation) on futures contracts | 103,338 | |
Net change in unrealized appreciation (depreciation) on foreign currency translations | + | 74,004 |
Net change in unrealized appreciation (depreciation) | + | (121,089,894) |
Net realized and unrealized losses | (158,392,678) | |
Decrease in net assets resulting from operations | ($148,295,336) |
Operations | |||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||
Net investment income | $10,097,342 | $34,615,796 | |
Net realized losses | (37,302,784) | (47,156,730) | |
Net change in unrealized appreciation (depreciation) | + | (121,089,894) | (323,977,692) |
Decrease in net assets resulting from operations | (148,295,336) | (336,518,626) | |
Distributions to Shareholders | |||
Distributions from net investment income | ($35,546,040) | ($32,001,840) |
Transactions in Fund Shares | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 16,500,000 | $334,396,367 | 15,600,000 | $393,111,059 | |
Shares redeemed | + | — | — | (900,000) | (21,690,338) |
Net transactions in fund shares | 16,500,000 | $334,396,367 | 14,700,000 | $371,420,721 | |
Shares Outstanding and Net Assets | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 61,300,000 | $1,276,739,957 | 46,600,000 | $1,273,839,702 | |
Total increase | + | 16,500,000 | 150,554,991 | 14,700,000 | 2,900,255 |
End of period | 77,800,000 | $1,427,294,948 | 61,300,000 | $1,276,739,957 | |
Distributions in excess of net investment income/ Net investment income not yet distributed | ($2,230,286) | $23,218,412 |
Schwab Strategic Trust (organized January 27, 2009) | Schwab U.S. REIT ETF™ |
Schwab International Equity ETF | Schwab U.S. TIPS ETF™ |
Schwab International Small-Cap Equity ETF | Schwab Short-Term U.S. Treasury ETF™ |
Schwab Emerging Markets Equity ETF | Schwab Intermediate-Term U.S. Treasury ETF™ |
Schwab U.S. Broad Market ETF™ | Schwab U.S. Aggregate Bond ETF™ |
Schwab U.S. Large-Cap ETF™ | Schwab Fundamental U.S. Broad Market Index ETF |
Schwab U.S. Large-Cap Growth ETF™ | Schwab Fundamental U.S. Large Company Index ETF |
Schwab U.S. Large-Cap Value ETF™ | Schwab Fundamental U.S. Small Company Index ETF |
Schwab U.S. Mid-Cap ETF™ | Schwab Fundamental International Large Company Index ETF |
Schwab U.S. Small-Cap ETF™ | Schwab Fundamental International Small Company Index ETF |
Schwab U.S. Dividend Equity ETF™ | Schwab Fundamental Emerging Markets Large Company Index ETF |
Schwab International Equity ETF | Schwab International Small-Cap Equity ETF | Schwab Emerging Markets Equity ETF | ||
0.08% | 0.18% | 0.14% |
Underlying Funds | |||||||
Schwab International Equity ETF | Schwab International Small-Cap Equity ETF | Schwab Emerging Markets Equity ETF | |||||
Schwab VIT Balanced Portfolio | 0.1% | 0.2% | 0.2% | ||||
Schwab VIT Balanced with Growth Portfolio | 0.4% | 0.5% | 0.4% | ||||
Schwab VIT Growth Portfolio | 0.5% | 0.9% | 0.6% |
Contract Values | Number of Contracts | ||
Schwab International Equity ETF | $8,994,163 | 109 | |
Schwab Emerging Markets Equity ETF | 2,102,254 | 53 |
Purchases of Securities | Sales/Maturities of Securities | ||
Schwab International Equity ETF | $128,882,717 | $157,527,432 | |
Schwab International Small-Cap Equity ETF | 70,956,206 | 71,217,540 | |
Schwab Emerging Markets Equity ETF | 252,393,576 | 84,234,258 |
In-Kind Purchases of Securities | In-Kind Sales of Securities | ||
Schwab International Equity ETF | $1,045,362,297 | $— | |
Schwab International Small-Cap Equity ETF | 83,962,272 | 11,063,801 | |
Schwab Emerging Markets Equity ETF | 143,055,053 | — |
Expiration Date | Schwab International Equity ETF | Schwab International Small-Cap Equity ETF | Schwab Emerging Markets Equity ETF | |||
August 31, 2019 | $2,345,874 | $215,545 | $1,091,404 | |||
No expiration* | 73,824,638 | 38,302,411 | 118,710,606 | |||
Total | $76,170,512 | $38,517,956 | $119,802,010 |
* | As a result of the passage of the Regulated Investment Company Modernization Act of 2010, capital losses incurred after December 31, 2010 may now be carried forward indefinitely, but must retain the character of the original loss. |
The Investment Company Act of 1940 (the “1940 Act”) requires that initial approval of, as well as the continuation of, a fund’s investment advisory agreement must be specifically approved (1) by the vote of the trustees or by a vote of the shareholders of the fund, and (2) by the vote of a majority of the trustees who are not parties to the investment advisory agreement or “interested persons” of any party (the “Independent Trustees”), cast in person at a meeting called for the purpose of voting on such approval. In connection with such approvals, the fund’s trustees must request and evaluate, and the investment adviser is required to furnish, such information as may be reasonably necessary to evaluate the terms of the investment advisory agreement.
1. | the nature, extent and quality of the services provided to the Funds under the Agreement, including the resources of CSIM and its affiliates dedicated to the Funds; |
2. | each Fund’s investment performance and how it compared to that of certain other comparable exchange-traded funds; |
3. | each Fund’s expenses and how those expenses compared to those of certain other comparable exchange-traded funds; |
4. | the profitability of CSIM and its affiliates, including Charles Schwab & Co., Inc. (“Schwab”), with respect to the Funds, including both direct and indirect benefits accruing to CSIM and its affiliates; and |
5. | the extent to which economies of scale would be realized as the Funds grow and whether fee levels in the Agreement reflect those economies of scale for the benefit of Fund investors. |
Proposal – To elect each of the following individuals as trustees of the Trust: | For | Withheld | ||
Walter W. Bettinger II | 692,669,185.464 | 115,543,246.417 | ||
Marie A. Chandoha | 792,077,989.887 | 16,134,441.994 | ||
Joseph R. Martinetto | 791,795,082.163 | 16,417,349.718 | ||
Robert W. Burns | 792,580,288.687 | 15,632,143.194 | ||
John F. Cogan | 760,202,566.290 | 48,009,865.591 | ||
Stephen T. Kochis | 791,955,734.563 | 16,256,697.318 | ||
David L. Mahoney | 790,582,269.572 | 17,630,162.309 | ||
Kiran M. Patel | 791,333,584.438 | 16,878,847.443 | ||
Kimberly S. Patmore | 792,462,618.902 | 15,749,812.979 | ||
Charles A. Ruffel | 792,425,735.968 | 15,786,695.913 | ||
Gerald B. Smith | 791,728,903.579 | 16,483,528.302 | ||
Joseph H. Wender | 790,699,630.035 | 17,512,801.846 |
Independent Trustees | |||
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served1) | Principal Occupations During the Past Five Years | Number of Portfolios in Fund Complex Overseen by the Trustee | Other Directorships |
Robert W. Burns 1959 Trustee (Trustee of Schwab Strategic Trust since 2009; The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2016) | Retired/Private Investor (Jan. 2009 – present). Formerly, Managing Director, Pacific Investment Management Company, LLC (PIMCO) and President, PIMCO Funds. | 96 | Director, PS Business Parks, Inc. (2005 – 2012). |
John F. Cogan 1947 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2008; Laudus Trust and Laudus Institutional Trust since 2010; Schwab Strategic Trust since 2016) | Senior Fellow, The Hoover Institution at Stanford University (Oct. 1979 – present); Senior Fellow, Stanford Institute for Economic Policy Research (2000 – present); Professor of Public Policy, Stanford University (1994 – 2015). | 96 | Director, Gilead Sciences, Inc. (2005 – present) |
Stephen Timothy Kochis 1946 Trustee (Trustee of Schwab Strategic Trust since 2012; The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2016) | CEO and Owner, Kochis Global (wealth management consulting) (May 2012 – present); Chairman and CEO, Aspiriant, LLC (wealth management) (Jan. 2008 – Apr. 2012). | 96 | None |
David L. Mahoney 1954 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Laudus Trust and Laudus Institutional Trust since 2011; Schwab Strategic Trust since 2016) | Private Investor. | 96 | Director, Symantec Corporation (2003 – present) Director, Corcept Therapeutics Incorporated (2004 – present) Director, Adamas Pharmaceuticals, Inc. (2009 – present) |
Kiran M. Patel 1948 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Laudus Trust and Laudus Institutional Trust since 2011; Schwab Strategic Trust since 2016) | Retired. Executive Vice President and General Manager of Small Business Group, Intuit, Inc. (financial software and services firm for consumers and small businesses) (Dec. 2008 – Sept. 2013). | 96 | Director, KLA-Tencor Corporation (2008 – present) |
Independent Trustees (continued) | |||
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served1) | Principal Occupations During the Past Five Years | Number of Portfolios in Fund Complex Overseen by the Trustee | Other Directorships |
Kimberly S. Patmore 1956 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust, and Laudus Trust since 2016) | Consultant, Patmore Management Consulting (management consulting) (2008 – present). | 96 | None |
Charles A. Ruffel 1956 Trustee (Trustee of Schwab Strategic Trust since 2009; The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Laudus Trust and Laudus Institutional Trust since 2015) | Co-Chief Executive Officer, Kudu Investment Management, LLC (financial services) (Jan. 2015 – present); Partner, Kudu Advisors, LLC (financial services) (June 2008 – Jan. 2015); Advisor, Asset International, Inc. (publisher of financial services information) (Aug. 2008 – Jan. 2015). | 96 | None |
Gerald B. Smith 1950 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2000; Laudus Trust and Laudus Institutional Trust since 2010; Schwab Strategic Trust since 2016) | Chairman, Chief Executive Officer and Founder of Smith Graham & Co. (investment advisors) (Mar. 1990 – present). | 96 | Director, Eaton (2012 – present) Director and Chairman of the Audit Committee, Oneok Partners LP (2003 – 2013) Director, Oneok, Inc. (2009 – 2013) Lead Independent Director, Board of Cooper Industries (2002 – 2012) |
Joseph H. Wender 1944 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2008; Laudus Trust and Laudus Institutional Trust since 2010; Schwab Strategic Trust since 2016) | Senior Consultant, Goldman Sachs & Co., Inc. (investment banking and securities firm) (Jan. 2008 – present); Partner, Colgin Partners, LLC (vineyards) (Feb. 1998 – present). | 96 | Board Member and Chairman of the Audit Committee, Isis Pharmaceuticals (1994 – present) Lead Independent Director and Chair of Audit Committee, OUTFRONT Media Inc. (2014 – present) |
Interested Trustees | |||
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served1) | Principal Occupations During the Past Five Years | Number of Portfolios in Fund Complex Overseen by the Trustee | Other Directorships |
Walter W. Bettinger II2 1960 Chairman and Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2008; Schwab Strategic Trust since 2009; Laudus Trust and Laudus Institutional Trust since 2010) | Director, President and Chief Executive Officer, The Charles Schwab Corporation (Oct. 2008 – present); President and Chief Executive Officer (Oct. 2008 – present), Director (May 2008 – present), Charles Schwab & Co., Inc.; Director, Charles Schwab Bank (Apr. 2006 – present); and Director, Schwab Holdings, Inc. (May 2008 – present). | 96 | Director, The Charles Schwab Corporation (2008 – present) |
Interested Trustees (continued) | |||
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served1) | Principal Occupations During the Past Five Years | Number of Portfolios in Fund Complex Overseen by the Trustee | Other Directorships |
Marie A. Chandoha2 1961 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust, and Laudus Trust since 2016) | Director, President and Chief Executive Officer (Dec. 2010 – present), Chief Investment Officer (Sept. 2010 – Oct. 2011), Charles Schwab Investment Management, Inc.; Trustee (Jan. 2016 – present), President, Chief Executive Officer (Dec. 2010 – present), and Chief Investment Officer (Sept. 2010 – Oct. 2011), Schwab Funds, Laudus Funds and Schwab ETFs; Director, Charles Schwab Worldwide Funds plc and Charles Schwab Asset Management (Ireland) Limited (Jan. 2011 – present); Global Head of Fixed Income Business Division, BlackRock, Inc. (formerly Barclays Global Investors) (Mar. 2007 – Aug. 2010). | 96 | None |
Joseph R. Martinetto2 1962 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust, and Laudus Trust since 2016) | Senior Executive Vice President and Chief Financial Officer, The Charles Schwab Corporation and Charles Schwab & Co., Inc. (July 2015 – present); Executive Vice President and Chief Financial Officer of The Charles Schwab Corporation and Charles Schwab & Co., Inc. (May 2007 – July 2015); Director, Charles Schwab & Co., Inc. (May 2007 – present); Director (Apr. 2010 – present) and Chief Executive Officer (July 2013 – Apr. 2015), Charles Schwab Bank; Director, Executive Vice President and Chief Financial Officer, Schwab Holdings, Inc. (May 2007 – present). | 96 | None |
Officers of the Trust | |
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served3) | Principal Occupations During the Past Five Years |
Marie A. Chandoha 1961 President and Chief Executive Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust, Laudus Trust and Laudus Institutional Trust since 2010) | Director, President and Chief Executive Officer (Dec. 2010 – present), Chief Investment Officer (Sept. 2010 – Oct. 2011), Charles Schwab Investment Management, Inc.; Trustee (Jan. 2016 – present), President, Chief Executive Officer (Dec. 2010 – present), and Chief Investment Officer (Sept. 2010 – Oct. 2011), Schwab Funds, Laudus Funds and Schwab ETFs; Director, Charles Schwab Worldwide Funds plc and Charles Schwab Asset Management (Ireland) Limited (Jan. 2011 – present); Global Head of Fixed Income Business Division, BlackRock, Inc. (formerly Barclays Global Investors) (Mar. 2007 – Aug. 2010). |
Mark Fischer 1970 Treasurer and Chief Financial Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust, Laudus Trust and Laudus Institutional Trust since 2013) | Treasurer and Chief Financial Officer, Schwab Funds, Laudus Funds and Schwab ETFs (Jan. 2016 – present); Assistant Treasurer, Schwab Funds and Laudus Funds (Dec. 2013 – Dec. 2015), Schwab ETFs (Nov. 2013 – Dec. 2015); Vice President, Charles Schwab Investment Management, Inc. (Oct. 2013 – present); Executive Director, J.P. Morgan Investor Services (Apr. 2011 – Sept. 2013); Assistant Treasurer, Massachusetts Financial Service Investment Management (May 2005 – Mar. 2011). |
Officers of the Trust (continued) | |
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served3) | Principal Occupations During the Past Five Years |
George Pereira 1964 Senior Vice President and Chief Operating Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2004; Laudus Trust and Laudus Institutional Trust since 2006; Schwab Strategic Trust since 2009) | Senior Vice President and Chief Financial Officer (Nov. 2004 – present), Chief Operating Officer (Jan. 2011 – present), Charles Schwab Investment Management, Inc.; Senior Vice President and Chief Operating Officer (Jan. 2016 – present), Treasurer and Chief Financial Officer, Laudus Funds (June 2006 – Dec. 2015); Treasurer and Principal Financial Officer, Schwab Funds (Nov. 2004 – Dec. 2015) and Schwab ETFs (Oct. 2009 – Dec. 2015); Director, Charles Schwab Worldwide Funds plc and Charles Schwab Asset Management (Ireland) Limited (Apr. 2005 – present). |
Omar Aguilar 1970 Senior Vice President and Chief Investment Officer – Equities (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust, Laudus Trust and Laudus Institutional Trust since 2011) | Senior Vice President and Chief Investment Officer – Equities, Charles Schwab Investment Management, Inc. (Apr. 2011 – present); Senior Vice President and Chief Investment Officer – Equities, Schwab Funds, Laudus Funds and Schwab ETFs (June 2011 – present); Head of the Portfolio Management Group and Vice President of Portfolio Management, Financial Engines, Inc. (May 2009 – Apr. 2011); Head of Quantitative Equity, ING Investment Management (July 2004 – Jan. 2009). |
Brett Wander 1961 Senior Vice President and Chief Investment Officer – Fixed Income (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust, Laudus Trust and Laudus Institutional Trust since 2011) | Senior Vice President and Chief Investment Officer – Fixed Income, Charles Schwab Investment Management, Inc. (Apr. 2011 – present); Senior Vice President and Chief Investment Officer – Fixed Income, Schwab Funds, Laudus Funds and Schwab ETFs (June 2011 – present); Senior Managing Director, Global Head of Active Fixed-Income Strategies, State Street Global Advisors (Jan. 2008 – Oct. 2010); Director of Alpha Strategies Loomis, Sayles & Company (Apr. 2006 – Jan. 2008). |
David Lekich 1964 Chief Legal Officer and Secretary, Schwab Funds and Schwab ETFs Vice President and Assistant Clerk, Laudus Funds (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust, Laudus Trust and Laudus Institutional Trust since 2011) | Senior Vice President (Sept. 2011 – present), Vice President (Mar. 2004 – Sept. 2011), Charles Schwab & Co., Inc.; Senior Vice President and Chief Counsel (Sept. 2011 – present), Vice President (Jan. 2011 – Sept. 2011), Charles Schwab Investment Management, Inc.; Secretary (Apr. 2011 – present) and Chief Legal Officer (Dec. 2011 – present), Schwab Funds; Vice President and Assistant Clerk, Laudus Funds (Apr. 2011 – present); Secretary (May 2011 – present) and Chief Legal Officer (Nov. 2011 – present), Schwab ETFs. |
Catherine MacGregor 1964 Vice President and Assistant Secretary, Schwab Funds and Schwab ETFs Chief Legal Officer, Vice President and Clerk, Laudus Funds (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Laudus Trust and Laudus Institutional Trust since 2005; Schwab Strategic Trust since 2009) | Vice President, Charles Schwab & Co., Inc., Charles Schwab Investment Management, Inc. (July 2005 – present); Vice President (Dec. 2005 – present), Chief Legal Officer and Clerk (Mar. 2007 – present), Laudus Funds; Vice President (Nov. 2005 – present) and Assistant Secretary (June 2007 – present), Schwab Funds; Vice President and Assistant Secretary, Schwab ETFs (Oct. 2009 – present). |
1 | Each Trustee shall hold office until the election and qualification of his or her successor, or until he or she dies, resigns or is removed. The retirement policy requires that each independent trustee retire by December 31 of the year in which the Trustee turns 74 or the Trustee’s twentieth year of service as an independent trustee on any trust in the Fund Complex, whichever occurs first. |
2 | Mr. Bettinger, Ms. Chandoha, and Mr. Martinetto are Interested Trustees because they own stock of The Charles Schwab Corporation, the parent company of the investment adviser. |
3 | The President, Treasurer and Secretary/Clerk hold office until their respective successors are chosen and qualified or until he or she sooner dies, resigns, is removed or becomes disqualified. Each of the other officers serves at the pleasure of the Board. |
Schwab U.S. Large-Cap ETF™
Schwab U.S. Large-Cap Growth ETF™
Schwab U.S. Large-Cap Value ETF™
Schwab U.S. Mid-Cap ETF™
Schwab U.S. Small-Cap ETF™
Schwab U.S. Dividend Equity ETF™
Schwab U.S. REIT ETF™
Schwab International Small-Cap Equity ETF™
Schwab Emerging Markets Equity ETF™
Schwab Short-Term U.S. Treasury ETF™
Schwab Intermediate-Term U.S. Treasury ETF™
Schwab U.S. TIPS ETF™
Schwab Fundamental U.S. Large Company Index ETF
Schwab Fundamental U.S. Small Company Index ETF
Schwab Fundamental International Large Company Index ETF
Schwab Fundamental International Small Company Index ETF
Schwab Fundamental Emerging Markets Large Company Index ETF
* | FUNDAMENTAL INDEX is a registered trademark of Research Affiliates LLC. |
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211 Main Street, San Francisco, CA 94105
© 2016 Charles Schwab Investment Management, Inc. All rights reserved.
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Table of Contents
Growth ETF™
Value ETF™
Equity ETF™
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Growth ETF
Value ETF
Equity ETF
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2 | |
3 | |
5 | |
7 | |
Performance and Fund Facts | |
8 | |
9 | |
10 | |
11 | |
12 | |
13 | |
14 | |
15 | |
Financial Statements and Condensed Portfolio Holdings | |
16 | |
23 | |
30 | |
37 | |
44 | |
51 | |
58 | |
64 | |
73 | |
75 | |
76 | |
80 |
Total Returns for the 6 Months Ended February 29, 2016 | |
Schwab U.S. Broad Market ETF (Ticker Symbol: SCHB) | |
Market Price Return1 | -2.75% |
NAV Return1 | -2.69% |
Dow Jones U.S. Broad Stock Market Index | -2.67% |
ETF Category: Morningstar Large Blend2 | -1.43% |
Performance Details | page 8 |
Schwab U.S. Large-Cap ETF (Ticker Symbol: SCHX) | |
Market Price Return1 | -1.98% |
NAV Return1 | -1.90% |
Dow Jones U.S. Large-Cap Total Stock Market Index | -1.86% |
ETF Category: Morningstar Large Blend2 | -1.43% |
Performance Details | page 9 |
Schwab U.S. Large-Cap Growth ETF (Ticker Symbol: SCHG) | |
Market Price Return1 | -4.80% |
NAV Return1 | -4.76% |
Dow Jones U.S. Large-Cap Growth Total Stock Market Index | -4.77% |
ETF Category: Morningstar Large Growth2 | -4.27% |
Performance Details | page 10 |
Schwab U.S. Large-Cap Value ETF (Ticker Symbol: SCHV) | |
Market Price Return1 | 0.83% |
NAV Return1 | 0.95% |
Dow Jones U.S. Large-Cap Value Total Stock Market Index | 1.03% |
ETF Category: Morningstar Large Value2 | 0.71% |
Performance Details | page 11 |
Total Returns for the 6 Months Ended February 29, 2016 | |
Schwab U.S. Mid-Cap ETF (Ticker Symbol: SCHM) | |
Market Price Return1 | -6.74% |
NAV Return1 | -6.69% |
Dow Jones U.S. Mid-Cap Total Stock Market Index | -6.71% |
ETF Category: Morningstar Mid-Cap Blend2 | -7.04% |
Performance Details | page 12 |
Schwab U.S. Small-Cap ETF (Ticker Symbol: SCHA) | |
Market Price Return1 | -9.19% |
NAV Return1 | -9.14% |
Dow Jones U.S. Small-Cap Total Stock Market Index | -9.14% |
ETF Category: Morningstar Small Blend2 | -8.19% |
Performance Details | page 13 |
Schwab U.S. Dividend Equity ETF (Ticker Symbol: SCHD) | |
Market Price Return1 | 5.58% |
NAV Return1 | 5.66% |
Dow Jones U.S. Dividend 100TM Index | 5.73% |
ETF Category: Morningstar Large Value2 | 0.71% |
Performance Details | page 14 |
1 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing 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 return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
2 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
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![]() | Agnes Hong, CFA, Vice President and Head of Passive Equity Strategies, leads the portfolio management teams of Schwab's passive equity funds and ETFs, which comprise the Schwab Equity Index Funds, the Schwab Fundamental Index Funds, and the Schwab Equity ETFs. She also has overall responsibility for all aspects of the management of the funds. Prior to joining CSIM in 2009, Ms. Hong spent five years as a portfolio manager at Barclays Global Investors (subsequently acquired by BlackRock), where she managed institutional index funds and quantitative active funds. Prior to that, Ms. Hong worked in management consulting and product management, servicing global financial services clients. |
![]() | Ferian Juwono, CFA, Managing Director and Senior Portfolio Manager, is responsible for the day-to-day co-management of the funds. Prior to joining CSIM in 2010, Mr. Juwono worked at BlackRock (formerly Barclays Global Investors), where he spent more than three years as a portfolio manager, managing equity index funds for institutional clients, and nearly two years as a senior business analyst. Prior to that, Mr. Juwono worked for over four years as a senior financial analyst with Union Bank of California. |
![]() | Chuck Craig, CFA, Managing Director and Senior Portfolio Manager, is responsible for the day-to-day co-management of the funds. Prior to joining CSIM in 2012, Mr. Craig worked at Guggenheim Funds (formerly Claymore Group), where he spent over five years as a managing director of portfolio management and supervision, and three years as vice president of product research and development. Prior to that, he worked as an equity research analyst at First Trust Portfolios (formerly Niké Securities), and a trader and analyst at PMA Securities, Inc. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab U.S. Broad Market ETF (11/3/09) | ||||
Market Price Return2 | -2.75% | -7.93% | 9.61% | 12.62% |
NAV Return2 | -2.69% | -7.91% | 9.64% | 12.63% |
Dow Jones U.S. Broad Stock Market Index | -2.67% | -7.86% | 9.60% | 12.66% |
ETF Category: Morningstar Large Blend3 | -1.43% | -7.13% | 9.65% | 12.18% |
Statistics | |
Number of Holdings | 2,079 |
Weighted Average Market Cap (millions) | $108,717 |
Price/Earnings Ratio (P/E) | 23.8 |
Price/Book Ratio (P/B) | 2.4 |
Portfolio Turnover Rate5,6 | 4% |
Sector Weightings % of Investments | |
Information Technology | 19.6% |
Financials | 17.3% |
Health Care | 14.1% |
Consumer Discretionary | 13.6% |
Industrials | 10.7% |
Consumer Staples | 9.4% |
Energy | 5.9% |
Utilities | 3.5% |
Materials | 3.1% |
Telecommunication Services | 2.5% |
Other | 0.3% |
Total | 100.0% |
Top Equity Holdings % of Net Assets7 | |
Apple, Inc. | 2.6% |
Microsoft Corp. | 2.0% |
Exxon Mobil Corp. | 1.6% |
Johnson & Johnson | 1.4% |
General Electric Co. | 1.3% |
Berkshire Hathaway, Inc., Class B | 1.2% |
Facebook, Inc., Class A | 1.2% |
AT&T, Inc. | 1.1% |
Wells Fargo & Co. | 1.1% |
The Procter & Gamble Co. | 1.1% |
Total | 14.6% |
* | Inception (11/3/09) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing 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 return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
4 | As stated in the prospectus. |
5 | Not annualized. |
6 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
7 | This list is not a recommendation of any security by the investment adviser. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab U.S. Large-Cap ETF (11/3/09) | ||||
Market Price Return2 | -1.98% | -7.08% | 9.80% | 12.50% |
NAV Return2 | -1.90% | -7.11% | 9.83% | 12.51% |
Dow Jones U.S. Large-Cap Total Stock Market Index | -1.86% | -7.06% | 9.91% | 12.60% |
ETF Category: Morningstar Large Blend3 | -1.43% | -7.13% | 9.65% | 12.18% |
Statistics | |
Number of Holdings | 758 |
Weighted Average Market Cap (millions) | $121,063 |
Price/Earnings Ratio (P/E) | 22.3 |
Price/Book Ratio (P/B) | 2.5 |
Portfolio Turnover Rate5,6 | 3% |
Sector Weightings % of Investments | |
Information Technology | 20.1% |
Financials | 16.1% |
Health Care | 14.4% |
Consumer Discretionary | 13.5% |
Industrials | 10.3% |
Consumer Staples | 10.1% |
Energy | 6.2% |
Utilities | 3.4% |
Materials | 2.9% |
Telecommunication Services | 2.7% |
Other | 0.3% |
Total | 100.0% |
Top Equity Holdings % of Net Assets7 | |
Apple, Inc. | 2.9% |
Microsoft Corp. | 2.2% |
Exxon Mobil Corp. | 1.8% |
Johnson & Johnson | 1.6% |
General Electric Co. | 1.5% |
Berkshire Hathaway, Inc., Class B | 1.4% |
Facebook, Inc., Class A | 1.3% |
AT&T, Inc. | 1.2% |
Wells Fargo & Co. | 1.2% |
The Procter & Gamble Co. | 1.2% |
Total | 16.3% |
* | Inception (11/3/09) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing 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 return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
4 | As stated in the prospectus. |
5 | Not annualized. |
6 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
7 | This list is not a recommendation of any security by the investment adviser. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab U.S. Large-Cap Growth ETF (12/11/09) | ||||
Market Price Return2 | -4.80% | -8.63% | 10.44% | 12.48% |
NAV Return2 | -4.76% | -8.57% | 10.43% | 12.49% |
Dow Jones U.S. Large-Cap Growth Total Stock Market Index | -4.77% | -8.56% | 10.52% | 12.60% |
ETF Category: Morningstar Large Growth3 | -4.27% | -8.12% | 11.40% | 12.88% |
Statistics | |
Number of Holdings | 419 |
Weighted Average Market Cap (millions) | $123,275 |
Price/Earnings Ratio (P/E) | 25.2 |
Price/Book Ratio (P/B) | 3.5 |
Portfolio Turnover Rate5,6 | 6% |
Sector Weightings % of Investments | |
Information Technology | 27.7% |
Consumer Discretionary | 20.1% |
Health Care | 16.9% |
Industrials | 11.5% |
Financials | 11.2% |
Consumer Staples | 4.7% |
Energy | 4.0% |
Materials | 2.6% |
Telecommunication Services | 0.4% |
Utilities | 0.1% |
Other | 0.8% |
Total | 100.0% |
Top Equity Holdings % of Net Assets7 | |
Apple, Inc. | 6.1% |
Berkshire Hathaway, Inc., Class B | 2.8% |
Facebook, Inc., Class A | 2.7% |
Amazon.com, Inc. | 2.4% |
Alphabet, Inc., Class A | 2.4% |
Alphabet, Inc., Class C | 2.3% |
The Home Depot, Inc. | 1.8% |
The Walt Disney Co. | 1.6% |
Visa, Inc., Class A | 1.6% |
Comcast Corp., Class A | 1.6% |
Total | 25.3% |
* | Inception (12/11/09) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing 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 return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
4 | As stated in the prospectus. |
5 | Not annualized. |
6 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
7 | This list is not a recommendation of any security by the investment adviser. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab U.S. Large-Cap Value ETF (12/11/09) | ||||
Market Price Return2 | 0.83% | -5.81% | 9.12% | 10.78% |
NAV Return2 | 0.95% | -5.70% | 9.14% | 10.79% |
Dow Jones U.S. Large-Cap Value Total Stock Market Index | 1.03% | -5.63% | 9.27% | 10.95% |
ETF Category: Morningstar Large Value3 | 0.71% | -6.20% | 9.66% | 11.51% |
Statistics | |
Number of Holdings | 341 |
Weighted Average Market Cap (millions) | $118,979 |
Price/Earnings Ratio (P/E) | 20.3 |
Price/Book Ratio (P/B) | 2.0 |
Portfolio Turnover Rate5,6 | 5% |
Sector Weightings % of Investments | |
Financials | 20.3% |
Consumer Staples | 15.2% |
Information Technology | 12.8% |
Health Care | 11.8% |
Industrials | 9.5% |
Energy | 8.2% |
Consumer Discretionary | 7.3% |
Utilities | 6.5% |
Telecommunication Services | 4.8% |
Materials | 3.2% |
Other | 0.4% |
Total | 100.0% |
Top Equity Holdings % of Net Assets7 | |
Microsoft Corp. | 4.3% |
Exxon Mobil Corp. | 3.5% |
Johnson & Johnson | 3.1% |
General Electric Co. | 2.9% |
AT&T, Inc. | 2.4% |
Wells Fargo & Co. | 2.3% |
The Procter & Gamble Co. | 2.3% |
JPMorgan Chase & Co. | 2.2% |
Verizon Communications, Inc. | 2.2% |
Pfizer, Inc. | 1.9% |
Total | 27.1% |
* | Inception (12/11/09) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing 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 return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
4 | As stated in the prospectus. |
5 | Not annualized. |
6 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
7 | This list is not a recommendation of any security by the investment adviser. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab U.S. Mid-Cap ETF (1/13/11) | ||||
Market Price Return2 | -6.74% | -10.65% | 9.00% | 9.72% |
NAV Return2 | -6.69% | -10.66% | 8.99% | 9.71% |
Dow Jones U.S. Mid-Cap Total Stock Market Index | -6.71% | -10.67% | 9.04% | 9.77% |
ETF Category: Morningstar Mid-Cap Blend3 | -7.04% | -12.99% | 7.70% | 8.52% |
Statistics | |
Number of Holdings | 504 |
Weighted Average Market Cap (millions) | $5,906 |
Price/Earnings Ratio (P/E) | 34.1 |
Price/Book Ratio (P/B) | 2.1 |
Portfolio Turnover Rate5,6 | 18% |
Sector Weightings % of Investments | |
Financials | 25.4% |
Industrials | 15.5% |
Consumer Discretionary | 14.7% |
Information Technology | 13.6% |
Health Care | 9.3% |
Utilities | 6.6% |
Materials | 5.4% |
Energy | 3.9% |
Consumer Staples | 2.8% |
Telecommunication Services | 0.5% |
Other | 2.3% |
Total | 100.0% |
Top Equity Holdings % of Net Assets7 | |
Willis Towers Watson plc | 0.7% |
Realty Income Corp. | 0.7% |
American Water Works Co., Inc. | 0.5% |
Mattel, Inc. | 0.5% |
CMS Energy Corp. | 0.5% |
KLA-Tencor Corp. | 0.5% |
Ulta Salon, Cosmetics & Fragrance, Inc. | 0.5% |
Federal Realty Investment Trust | 0.5% |
Extra Space Storage, Inc. | 0.5% |
Harris Corp. | 0.4% |
Total | 5.3% |
* | Inception (1/13/11) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing 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 return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
4 | As stated in the prospectus. |
5 | Not annualized. |
6 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
7 | This list is not a recommendation of any security by the investment adviser. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab U.S. Small-Cap ETF (11/3/09) | ||||
Market Price Return2 | -9.19% | -14.19% | 7.31% | 13.04% |
NAV Return2 | -9.14% | -14.12% | 7.34% | 13.05% |
Dow Jones U.S. Small-Cap Total Stock Market Index | -9.14% | -14.14% | 7.32% | 13.10% |
ETF Category: Morningstar Small Blend3 | -8.19% | -13.54% | 6.88% | 12.28% |
Statistics | |
Number of Holdings | 1,745 |
Weighted Average Market Cap (millions) | $2,414 |
Price/Earnings Ratio (P/E) | 77.2 |
Price/Book Ratio (P/B) | 1.8 |
Portfolio Turnover Rate5,6 | 8% |
Sector Weightings % of Investments | |
Financials | 26.0% |
Information Technology | 16.1% |
Consumer Discretionary | 13.5% |
Industrials | 13.1% |
Health Care | 11.8% |
Materials | 4.8% |
Utilities | 3.7% |
Energy | 3.5% |
Consumer Staples | 3.2% |
Telecommunication Services | 0.7% |
Other | 3.6% |
Total | 100.0% |
Top Equity Holdings % of Net Assets7 | |
Huntington Ingalls Industries, Inc. | 0.3% |
Teleflex, Inc. | 0.3% |
Equity LifeStyle Properties, Inc. | 0.3% |
Ingram Micro, Inc., Class A | 0.3% |
STERIS plc | 0.3% |
Diamondback Energy, Inc. | 0.2% |
Lennox International, Inc. | 0.2% |
CBOE Holdings, Inc. | 0.2% |
ServiceMaster Global Holdings, Inc. | 0.2% |
CubeSmart | 0.2% |
Total | 2.5% |
* | Inception (11/3/09) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing 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 return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
4 | As stated in the prospectus. |
5 | Not annualized. |
6 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
7 | This list is not a recommendation of any security by the investment adviser. |
Fund and Inception Date | 6 Months | 1 Year | 3 Years | Since Inception* |
Fund: Schwab U.S. Dividend Equity ETF (10/20/11) | ||||
Market Price Return2 | 5.58% | -3.75% | 10.56% | 13.16% |
NAV Return2 | 5.66% | -3.60% | 10.56% | 13.18% |
Dow Jones U.S. Dividend 100 Index | 5.73% | -3.51% | 10.67% | 13.33% |
ETF Category: Morningstar Large Value3 | 0.71% | -6.20% | 9.48% | 12.79% |
Statistics | |
Number of Holdings | 101 |
Weighted Average Market Cap (millions) | $140,505 |
Price/Earnings Ratio (P/E) | 19.9 |
Price/Book Ratio (P/B) | 3.7 |
Portfolio Turnover Rate5,6 | 4% |
Sector Weightings % of Investments | |
Consumer Staples | 24.0% |
Information Technology | 18.3% |
Industrials | 13.9% |
Health Care | 11.4% |
Energy | 11.1% |
Consumer Discretionary | 10.2% |
Telecommunication Services | 5.0% |
Materials | 3.2% |
Financials | 1.8% |
Utilities | 0.7% |
Other | 0.4% |
Total | 100.0% |
Top Equity Holdings % of Net Assets7 | |
Verizon Communications, Inc. | 5.0% |
Exxon Mobil Corp. | 4.8% |
The Procter & Gamble Co. | 4.7% |
Johnson & Johnson | 4.7% |
Microsoft Corp. | 4.2% |
Pfizer, Inc. | 4.2% |
The Coca-Cola Co. | 4.1% |
The Home Depot, Inc. | 3.8% |
Chevron Corp. | 3.8% |
PepsiCo, Inc. | 3.5% |
Total | 42.8% |
* | Inception (10/20/11) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing 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 return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
4 | As stated in the prospectus. |
5 | Not annualized. |
6 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
7 | This list is not a recommendation of any security by the investment adviser. |
As a fund shareholder, you may incur two types of costs: (1) transaction costs, including brokerage commissions on purchases and sales of fund shares; and, (2) ongoing costs, including management fees and other fund expenses.
Expense Ratio1 (Annualized) | Beginning Account Value at 9/1/15 | Ending Account Value (Net of Expenses) at 2/29/16 | Expenses Paid During Period2 9/1/15–2/29/16 | |
Schwab U.S. Broad Market ETF | ||||
Actual Return | 0.03% | $1,000.00 | $ 973.10 | $ 0.15 |
Hypothetical 5% Return | 0.03% | $1,000.00 | $ 1,024.75 | $ 0.15 |
Schwab U.S. Large-Cap ETF | ||||
Actual Return | 0.03% | $1,000.00 | $ 981.00 | $ 0.15 |
Hypothetical 5% Return | 0.03% | $1,000.00 | $ 1,024.75 | $ 0.15 |
Schwab U.S. Large-Cap Growth ETF | ||||
Actual Return | 0.06% | $1,000.00 | $ 952.40 | $ 0.29 |
Hypothetical 5% Return | 0.06% | $1,000.00 | $1,024.60 | $0.30 |
Schwab U.S. Large-Cap Value ETF | ||||
Actual Return | 0.06% | $1,000.00 | $1,009.50 | $0.30 |
Hypothetical 5% Return | 0.06% | $1,000.00 | $1,024.60 | $0.30 |
Schwab U.S. Mid-Cap ETF | ||||
Actual Return | 0.07% | $1,000.00 | $ 933.10 | $ 0.34 |
Hypothetical 5% Return | 0.07% | $1,000.00 | $ 1,024.55 | $ 0.35 |
Schwab U.S. Small-Cap ETF | ||||
Actual Return | 0.08% | $1,000.00 | $ 908.60 | $0.38 |
Hypothetical 5% Return | 0.08% | $1,000.00 | $ 1,024.50 | $0.40 |
Schwab U.S. Dividend Equity ETF | ||||
Actual Return | 0.07% | $1,000.00 | $1,056.60 | $0.36 |
Hypothetical 5% Return | 0.07% | $1,000.00 | $ 1,024.55 | $ 0.35 |
1 | Based on the most recent six-month expense ratio; may differ from the expense ratio provided in the Financial Highlights. |
2 | Expenses for each fund are equal to its annualized expense ratio, multiplied by the average account value over the period, multiplied by the 182 days of the period, and divided by the 366 days of the fiscal year. |
9/1/15– 2/29/16* | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 9/1/11– 8/31/12 | 9/1/10– 8/31/11 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $48.02 | $48.75 | $39.79 | $33.84 | $29.47 | $25.11 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 0.52 | 0.99 | 0.85 | 0.80 | 0.65 | 0.56 |
Net realized and unrealized gains (losses) | (1.79) | (0.79) | 8.93 | 5.92 | 4.32 | 4.32 |
Total from investment operations | (1.27) | 0.20 | 9.78 | 6.72 | 4.97 | 4.88 |
Less distributions: | ||||||
Distributions from net investment income | (0.49) | (0.93) | (0.82) | (0.77) | (0.60) | (0.52) |
Net asset value at end of period | $46.26 | $48.02 | $48.75 | $39.79 | $33.84 | $29.47 |
Total return | (2.69%) 2 | 0.33% | 24.77% | 20.12% | 17.07% | 19.41% |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.04% 3,4 | 0.04% | 0.04% | 0.04% | 0.06% | 0.06% |
Net investment income (loss) | 2.20% 4 | 1.98% | 1.90% | 2.15% | 2.06% | 1.83% |
Portfolio turnover rate5 | 4% | 3% | 4% | 4% | 5% | 3% |
Net assets, end of period (x 1,000) | $5,371,314 | $4,919,185 | $3,654,037 | $2,182,671 | $1,072,825 | $742,651 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
99.7% | Common Stock | 5,022,714,192 | 5,357,420,570 |
0.0% | Rights | 61,021 | 57,797 |
0.9% | Other Investment Companies | 46,452,239 | 46,452,239 |
100.6% | Total Investments | 5,069,227,452 | 5,403,930,606 |
(0.6%) | Other Assets and Liabilities, Net | (32,616,712) | |
100.0% | Net Assets | 5,371,313,894 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Common Stock 99.7% of net assets | |||||
Automobiles & Components 1.1% | |||||
Other Securities | 1.1 | 56,924,363 | |||
Banks 5.5% | |||||
Bank of America Corp. | 2,702,052 | 0.6 | 33,829,691 | ||
Citigroup, Inc. | 774,183 | 0.6 | 30,077,010 | ||
JPMorgan Chase & Co. | 961,905 | 1.0 | 54,155,251 | ||
Wells Fargo & Co. | 1,225,409 | 1.1 | 57,496,190 | ||
Other Securities | 2.2 | 117,281,958 | |||
5.5 | 292,840,100 | ||||
Capital Goods 7.5% | |||||
3M Co. | 161,661 | 0.5 | 25,359,761 | ||
General Electric Co. | 2,470,326 | 1.3 | 71,985,300 | ||
Honeywell International, Inc. | 200,774 | 0.4 | 20,348,445 | ||
Other Securities | 5.3 | 284,523,793 | |||
7.5 | 402,217,299 | ||||
Commercial & Professional Services 1.1% | |||||
Other Securities | 1.1 | 57,454,612 | |||
Consumer Durables & Apparel 1.7% | |||||
NIKE, Inc., Class B | 350,320 | 0.4 | 21,576,209 | ||
Other Securities | 1.3 | 71,031,480 | |||
1.7 | 92,607,689 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Consumer Services 2.4% | |||||
McDonald's Corp. | 239,724 | 0.5 | 28,093,256 | ||
Starbucks Corp. | 386,884 | 0.4 | 22,520,518 | ||
Other Securities | 1.5 | 78,677,097 | |||
2.4 | 129,290,871 | ||||
Diversified Financials 4.5% | |||||
Berkshire Hathaway, Inc., Class B * | 491,912 | 1.2 | 65,999,833 | ||
The Charles Schwab Corp. (b) | 306,879 | 0.1 | 7,687,319 | ||
Other Securities | 3.2 | 165,806,850 | |||
4.5 | 239,494,002 | ||||
Energy 5.9% | |||||
Chevron Corp. | 491,999 | 0.8 | 41,052,397 | ||
Exxon Mobil Corp. | 1,088,585 | 1.6 | 87,250,088 | ||
Schlumberger Ltd. | 326,780 | 0.4 | 23,436,662 | ||
Other Securities | 3.1 | 165,381,466 | |||
5.9 | 317,120,613 | ||||
Food & Staples Retailing 2.2% | |||||
CVS Health Corp. | 288,205 | 0.5 | 28,004,880 | ||
Wal-Mart Stores, Inc. | 411,058 | 0.5 | 27,269,588 | ||
Other Securities | 1.2 | 60,994,763 | |||
2.2 | 116,269,231 | ||||
Food, Beverage & Tobacco 5.3% | |||||
Altria Group, Inc. | 513,456 | 0.6 | 31,613,486 | ||
PepsiCo, Inc. | 379,745 | 0.7 | 37,146,656 | ||
Philip Morris International, Inc. | 405,843 | 0.7 | 36,943,888 | ||
The Coca-Cola Co. | 1,023,440 | 0.8 | 44,140,967 | ||
Other Securities | 2.5 | 135,881,727 | |||
5.3 | 285,726,724 | ||||
Health Care Equipment & Services 5.2% | |||||
Medtronic plc | 367,512 | 0.5 | 28,441,754 | ||
UnitedHealth Group, Inc. | 250,347 | 0.6 | 29,816,328 | ||
Other Securities | 4.1 | 219,738,511 | |||
5.2 | 277,996,593 | ||||
Household & Personal Products 1.9% | |||||
The Procter & Gamble Co. | 710,993 | 1.1 | 57,085,628 | ||
Other Securities | 0.8 | 47,270,930 | |||
1.9 | 104,356,558 | ||||
Insurance 3.0% | |||||
Other Securities | 3.0 | 160,917,623 | |||
Materials 3.1% | |||||
Other Securities | 3.1 | 167,154,191 | |||
Media 3.2% | |||||
Comcast Corp., Class A | 640,035 | 0.7 | 36,949,221 | ||
The Walt Disney Co. | 399,876 | 0.7 | 38,196,156 | ||
Other Securities | 1.8 | 98,140,973 | |||
3.2 | 173,286,350 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Pharmaceuticals, Biotechnology & Life Sciences 8.9% | |||||
AbbVie, Inc. | 426,149 | 0.4 | 23,271,997 | ||
Allergan plc * | 103,983 | 0.6 | 30,166,508 | ||
Amgen, Inc. | 196,442 | 0.5 | 27,949,768 | ||
Bristol-Myers Squibb Co. | 437,436 | 0.5 | 27,090,411 | ||
Celgene Corp. * | 204,810 | 0.4 | 20,650,992 | ||
Gilead Sciences, Inc. | 376,591 | 0.6 | 32,857,565 | ||
Johnson & Johnson | 723,796 | 1.4 | 76,150,577 | ||
Merck & Co., Inc. | 727,472 | 0.7 | 36,526,369 | ||
Pfizer, Inc. | 1,618,747 | 0.9 | 48,028,223 | ||
Other Securities | 2.9 | 156,953,947 | |||
8.9 | 479,646,357 | ||||
Real Estate 4.3% | |||||
Other Securities | 4.3 | 232,997,622 | |||
Retailing 5.2% | |||||
Amazon.com, Inc. * | 100,463 | 1.0 | 55,507,817 | ||
The Home Depot, Inc. | 329,977 | 0.8 | 40,956,745 | ||
Other Securities | 3.4 | 180,919,535 | |||
5.2 | 277,384,097 | ||||
Semiconductors & Semiconductor Equipment 2.6% | |||||
Intel Corp. | 1,233,586 | 0.7 | 36,501,810 | ||
Other Securities | 1.9 | 105,687,942 | |||
2.6 | 142,189,752 | ||||
Software & Services 11.8% | |||||
Alphabet, Inc., Class A * | 76,425 | 1.0 | 54,813,538 | ||
Alphabet, Inc., Class C * | 77,707 | 1.0 | 54,221,613 | ||
Facebook, Inc., Class A * | 593,059 | 1.2 | 63,409,868 | ||
International Business Machines Corp. | 233,148 | 0.6 | 30,549,382 | ||
MasterCard, Inc., Class A | 256,206 | 0.4 | 22,269,426 | ||
Microsoft Corp. | 2,086,003 | 2.0 | 106,135,833 | ||
Oracle Corp. | 834,520 | 0.6 | 30,693,646 | ||
Visa, Inc., Class A | 510,883 | 0.7 | 36,982,820 | ||
Other Securities | 4.3 | 237,018,965 | |||
11.8 | 636,095,091 | ||||
Technology Hardware & Equipment 5.2% | |||||
Apple, Inc. | 1,457,918 | 2.6 | 140,966,091 | ||
Cisco Systems, Inc. | 1,314,802 | 0.6 | 34,421,516 | ||
Other Securities | 2.0 | 105,417,253 | |||
5.2 | 280,804,860 | ||||
Telecommunication Services 2.5% | |||||
AT&T, Inc. | 1,608,983 | 1.1 | 59,451,922 | ||
Verizon Communications, Inc. | 1,067,516 | 1.0 | 54,155,087 | ||
Other Securities | 0.4 | 20,459,306 | |||
2.5 | 134,066,315 | ||||
Transportation 2.1% | |||||
Other Securities | 2.1 | 113,727,860 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Utilities 3.5% | |||||
Other Securities | 3.5 | 186,851,797 | |||
Total Common Stock | |||||
(Cost $5,022,714,192) | 5,357,420,570 | ||||
Rights 0.0% of net assets | |||||
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | |||||
Other Securities | 0.0 | 39,530 | |||
Telecommunication Services 0.0% | |||||
Other Securities | 0.0 | 18,267 | |||
Total Rights | |||||
(Cost $61,021) | 57,797 | ||||
Other Investment Companies 0.9% of net assets | |||||
Money Market Fund 0.0% | |||||
Other Securities | 0.0 | 1,520,608 | |||
Securities Lending Collateral 0.9% | |||||
Wells Fargo Advantage Government Money Market Fund, Institutional Class 0.16% (e) | 0.9 | 44,931,631 | |||
Total Other Investment Companies | |||||
(Cost $46,452,239) | 46,452,239 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $43,220,108. |
(b) | Issuer is affiliated with the fund's investment adviser. |
(c) | Illiquid security. At the period end, the value of these amounted to $57,797 or 0.0% of net assets. |
(d) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
(e) | The rate shown is the 7-day yield. |
CVR — | Contingent Value Rights |
REIT — | Real Estate Investment Trust |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/18/16 | 100 | 9,647,500 | 233,182 |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||
Common Stock1 | $4,793,697,253 | $— | $— | $4,793,697,253 | |||||
Food, Beverage & Tobacco | 285,374,717 | — | 352,007 | 285,726,724 | |||||
Health Care Equipment & Services | 276,445,517 | — | 1,551,076 | 277,996,593 | |||||
Rights 1 | — | — | 57,797 | 57,797 | |||||
Other Investment Companies1 | 46,452,239 | — | — | 46,452,239 | |||||
Total | $5,401,969,726 | $— | $1,960,880 | $5,403,930,606 | |||||
Other Financial Instruments | |||||||||
Futures Contracts2 | $233,182 | $— | $— | $233,182 |
1 | As categorized in the complete schedule of portfolio holdings. |
2 | Futures contracts are not included in Investments in the schedule of condensed portfolio holdings and are valued at unrealized appreciation or depreciation. |
Investments in Securities | Balance as of August 31, 2015 | Realized Gains (Losses) | Change in Unrealized Appreciation (Depreciation) | Gross Purchases | Gross Sales | Gross Transfers in | Gross Transfers out | Balance as of February 29, 2016 | ||||||||
Common Stock | $— | $36,790 | $216,442 | $296,671 | ($74,542) | $1,427,722 | $— | $1,903,083 | ||||||||
Rights | 21,491 | — | (3,224) | 39,530 | — | — | — | 57,797 | ||||||||
Total | $21,491 | $36,790 | $213,218 | $336,201 | ($74,542) | $1,427,722 | $— | $1,960,880 |
Assets | ||
Investments in affiliated issuers, at value (cost $7,740,028) | $7,687,319 | |
Investments in unaffiliated issuers, at value (cost $5,016,555,793) including securities on loan of $43,220,108 | 5,351,311,656 | |
Collateral invested for securities on loan, at value (cost $44,931,631) | + | 44,931,631 |
Total investments, at value (cost $5,069,227,452) | 5,403,930,606 | |
Deposit with broker for futures contracts | 475,000 | |
Receivables: | ||
Investments sold | 36,057 | |
Dividends | 11,909,138 | |
Income from securities on loan | 107,236 | |
Interest | + | 1,213 |
Total assets | 5,416,459,250 | |
Liabilities | ||
Collateral held for securities on loan | 44,931,631 | |
Payables: | ||
Investment adviser fees | 30,983 | |
Variation margin on futures contracts | 66,000 | |
Accrued expenses | + | 116,742 |
Total liabilities | 45,145,356 | |
Net Assets | ||
Total assets | 5,416,459,250 | |
Total liabilities | – | 45,145,356 |
Net assets | $5,371,313,894 | |
Net Assets by Source | ||
Capital received from investors | 4,952,306,393 | |
Net investment income not yet distributed | 20,331,957 | |
Net realized capital gains | 63,739,208 | |
Net unrealized capital appreciation | 334,936,336 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$5,371,313,894 | 116,100,000 | $46.26 | ||
Investment Income | ||
Dividends received from affiliated issuer | $34,770 | |
Dividends received from unaffiliated issuers (net of foreign withholding tax of $2,925) | 57,589,432 | |
Interest | 4,260 | |
Securities on loan | + | 485,672 |
Total investment income | 58,114,134 | |
Expenses | ||
Investment adviser fees | 884,737 | |
Proxy fees | + | 118,023 |
Total expenses | – | 1,002,760 |
Net investment income | 57,111,374 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on investments | (25,945,667) | |
Net realized gains on in-kind redemptions on affiliated issuer | 168,954 | |
Net realized gains on in-kind redemptions on unaffiliated investments | 92,358,217 | |
Net realized losses on futures contracts | + | (2,251,720) |
Net realized gains | 64,329,784 | |
Net change in unrealized appreciation (depreciation) on affiliated issuer | (1,890,857) | |
Net change in unrealized appreciation (depreciation) on unaffiliated investments | (294,011,160) | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 230,624 |
Net change in unrealized appreciation (depreciation) | + | (295,671,393) |
Net realized and unrealized losses | (231,341,609) | |
Decrease in net assets resulting from operations | ($174,230,235) |
Operations | |||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||
Net investment income | $57,111,374 | $91,149,398 | |
Net realized gains | 64,329,784 | 135,416,374 | |
Net change in unrealized appreciation (depreciation) | + | (295,671,393) | (225,084,179) |
Increase (decrease) in net assets resulting from operations | (174,230,235) | 1,481,593 | |
Distributions to Shareholders | |||
Distributions from net investment income | ($52,317,065) | ($84,285,250) |
Transactions in Fund Shares | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 19,950,000 | $968,314,594 | 33,800,000 | $1,665,831,746 | |
Shares redeemed | + | (6,300,000) | (289,638,437) | (6,300,000) | (317,879,850) |
Net transactions in fund shares | 13,650,000 | $678,676,157 | 27,500,000 | $1,347,951,896 | |
Shares Outstanding and Net Assets | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 102,450,000 | $4,919,185,037 | 74,950,000 | $3,654,036,798 | |
Total increase | + | 13,650,000 | 452,128,857 | 27,500,000 | 1,265,148,239 |
End of period | 116,100,000 | $5,371,313,894 | 102,450,000 | $4,919,185,037 | |
Net investment income not yet distributed | $20,331,957 | $15,537,648 |
9/1/15– 2/29/16* | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 9/1/11– 8/31/12 | 9/1/10– 8/31/11 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $47.30 | $47.99 | $39.06 | $33.49 | $29.11 | $24.98 |
Income (loss) from investment operations: | ||||||
Net investment income (loss) | 0.52 1 | 1.01 1 | 0.83 | 0.77 | 0.64 | 0.53 |
Net realized and unrealized gains (losses) | (1.40) | (0.77) | 8.92 | 5.56 | 4.35 | 4.13 |
Total from investment operations | (0.88) | 0.24 | 9.75 | 6.33 | 4.99 | 4.66 |
Less distributions: | ||||||
Distributions from net investment income | (0.50) | (0.93) | (0.82) | (0.76) | (0.61) | (0.53) |
Net asset value at end of period | $45.92 | $47.30 | $47.99 | $39.06 | $33.49 | $29.11 |
Total return | (1.90%) 2 | 0.43% | 25.16% | 19.17% | 17.36% | 18.66% |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.04% 3,4 | 0.04% | 0.04% | 0.04% | 0.08% | 0.08% |
Net investment income (loss) | 2.21% 4 | 2.04% | 1.95% | 2.18% | 2.10% | 1.88% |
Portfolio turnover rate5 | 3% 2 | 4% | 5% | 5% | 4% | 5% |
Net assets, end of period (x 1,000) | $5,106,767 | $4,329,918 | $3,191,644 | $1,781,282 | $890,808 | $615,781 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
99.7% | Common Stock | 4,817,090,332 | 5,090,346,624 |
0.6% | Other Investment Companies | 30,529,687 | 30,529,687 |
100.3% | Total Investments | 4,847,620,019 | 5,120,876,311 |
(0.3%) | Other Assets and Liabilities, Net | (14,109,194) | |
100.0% | Net Assets | 5,106,767,117 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Common Stock 99.7% of net assets | |||||
Automobiles & Components 1.0% | |||||
Other Securities | 1.0 | 53,157,344 | |||
Banks 5.1% | |||||
Bank of America Corp. | 2,886,550 | 0.7 | 36,139,606 | ||
Citigroup, Inc. | 829,863 | 0.6 | 32,240,178 | ||
JPMorgan Chase & Co. | 1,022,487 | 1.1 | 57,566,018 | ||
Wells Fargo & Co. | 1,292,513 | 1.2 | 60,644,710 | ||
Other Securities | 1.5 | 73,545,806 | |||
5.1 | 260,136,318 | ||||
Capital Goods 7.3% | |||||
3M Co. | 170,721 | 0.5 | 26,781,003 | ||
General Electric Co. | 2,618,434 | 1.5 | 76,301,167 | ||
Honeywell International, Inc. | 213,801 | 0.4 | 21,668,731 | ||
Other Securities | 4.9 | 249,701,171 | |||
7.3 | 374,452,072 | ||||
Commercial & Professional Services 0.8% | |||||
Other Securities | 0.8 | 41,679,818 | |||
Consumer Durables & Apparel 1.6% | |||||
NIKE, Inc., Class B | 376,713 | 0.5 | 23,201,754 | ||
Other Securities | 1.1 | 60,011,264 | |||
1.6 | 83,213,018 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Consumer Services 2.2% | |||||
McDonald's Corp. | 255,120 | 0.6 | 29,897,513 | ||
Starbucks Corp. | 414,073 | 0.5 | 24,103,189 | ||
Other Securities | 1.1 | 57,293,669 | |||
2.2 | 111,294,371 | ||||
Diversified Financials 4.7% | |||||
Berkshire Hathaway, Inc., Class B * | 522,390 | 1.4 | 70,089,066 | ||
The Charles Schwab Corp. (b) | 332,199 | 0.2 | 8,321,585 | ||
Other Securities | 3.1 | 160,950,517 | |||
4.7 | 239,361,168 | ||||
Energy 6.2% | |||||
Chevron Corp. | 521,072 | 0.9 | 43,478,248 | ||
Exxon Mobil Corp. | 1,153,864 | 1.8 | 92,482,200 | ||
Schlumberger Ltd. | 350,226 | 0.5 | 25,118,209 | ||
Other Securities | 3.0 | 153,766,249 | |||
6.2 | 314,844,906 | ||||
Food & Staples Retailing 2.3% | |||||
CVS Health Corp. | 304,715 | 0.6 | 29,609,157 | ||
Wal-Mart Stores, Inc. | 431,856 | 0.6 | 28,649,327 | ||
Other Securities | 1.1 | 60,202,022 | |||
2.3 | 118,460,506 | ||||
Food, Beverage & Tobacco 5.7% | |||||
Altria Group, Inc. | 544,259 | 0.7 | 33,510,027 | ||
PepsiCo, Inc. | 404,404 | 0.8 | 39,558,799 | ||
Philip Morris International, Inc. | 430,643 | 0.8 | 39,201,432 | ||
The Coca-Cola Co. | 1,086,222 | 0.9 | 46,848,755 | ||
Other Securities | 2.5 | 133,265,789 | |||
5.7 | 292,384,802 | ||||
Health Care Equipment & Services 5.0% | |||||
Medtronic plc | 389,926 | 0.6 | 30,176,373 | ||
UnitedHealth Group, Inc. | 263,775 | 0.6 | 31,415,602 | ||
Other Securities | 3.8 | 192,445,349 | |||
5.0 | 254,037,324 | ||||
Household & Personal Products 2.1% | |||||
The Procter & Gamble Co. | 753,717 | 1.2 | 60,515,938 | ||
Other Securities | 0.9 | 46,653,625 | |||
2.1 | 107,169,563 | ||||
Insurance 2.9% | |||||
Other Securities | 2.9 | 147,604,813 | |||
Materials 2.9% | |||||
Other Securities | 2.9 | 148,003,787 | |||
Media 3.4% | |||||
Comcast Corp., Class A | 674,369 | 0.8 | 38,931,322 | ||
The Walt Disney Co. | 421,803 | 0.8 | 40,290,623 | ||
Other Securities | 1.8 | 93,072,483 | |||
3.4 | 172,294,428 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Pharmaceuticals, Biotechnology & Life Sciences 9.4% | |||||
AbbVie, Inc. | 452,504 | 0.5 | 24,711,243 | ||
Allergan plc * | 109,528 | 0.6 | 31,775,168 | ||
Amgen, Inc. | 208,895 | 0.6 | 29,721,581 | ||
Bristol-Myers Squibb Co. | 462,133 | 0.6 | 28,619,897 | ||
Celgene Corp. * | 216,105 | 0.4 | 21,789,867 | ||
Gilead Sciences, Inc. | 401,108 | 0.7 | 34,996,673 | ||
Johnson & Johnson | 766,689 | 1.6 | 80,663,350 | ||
Merck & Co., Inc. | 775,505 | 0.8 | 38,938,106 | ||
Pfizer, Inc. | 1,714,436 | 1.0 | 50,867,316 | ||
Other Securities | 2.6 | 135,235,967 | |||
9.4 | 477,319,168 | ||||
Real Estate 3.4% | |||||
Other Securities | 3.4 | 174,889,213 | |||
Retailing 5.3% | |||||
Amazon.com, Inc. * | 106,764 | 1.2 | 58,989,245 | ||
The Home Depot, Inc. | 353,445 | 0.9 | 43,869,593 | ||
Other Securities | 3.2 | 167,468,868 | |||
5.3 | 270,327,706 | ||||
Semiconductors & Semiconductor Equipment 2.6% | |||||
Intel Corp. | 1,307,081 | 0.8 | 38,676,527 | ||
Other Securities | 1.8 | 94,715,386 | |||
2.6 | 133,391,913 | ||||
Software & Services 12.3% | |||||
Alphabet, Inc., Class A * | 80,715 | 1.1 | 57,890,412 | ||
Alphabet, Inc., Class C * | 82,657 | 1.1 | 57,675,575 | ||
Facebook, Inc., Class A * | 630,528 | 1.3 | 67,416,054 | ||
International Business Machines Corp. | 249,660 | 0.6 | 32,712,950 | ||
MasterCard, Inc., Class A | 276,258 | 0.5 | 24,012,345 | ||
Microsoft Corp. | 2,216,028 | 2.2 | 112,751,505 | ||
Oracle Corp. | 884,462 | 0.6 | 32,530,512 | ||
Visa, Inc., Class A | 539,908 | 0.8 | 39,083,940 | ||
Other Securities | 4.1 | 201,285,051 | |||
12.3 | 625,358,344 | ||||
Technology Hardware & Equipment 5.2% | |||||
Apple, Inc. | 1,545,068 | 2.9 | 149,392,625 | ||
Cisco Systems, Inc. | 1,407,157 | 0.7 | 36,839,370 | ||
Other Securities | 1.6 | 79,956,304 | |||
5.2 | 266,188,299 | ||||
Telecommunication Services 2.7% | |||||
AT&T, Inc. | 1,703,346 | 1.2 | 62,938,635 | ||
Verizon Communications, Inc. | 1,127,340 | 1.1 | 57,189,958 | ||
Other Securities | 0.4 | 17,544,922 | |||
2.7 | 137,673,515 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Transportation 2.2% | |||||
Other Securities | 2.2 | 111,905,139 | |||
Utilities 3.4% | |||||
Other Securities | 3.4 | 175,199,089 | |||
Total Common Stock | |||||
(Cost $4,817,090,332) | 5,090,346,624 | ||||
Other Investment Companies 0.6% of net assets | |||||
Money Market Fund 0.1% | |||||
Other Securities | 0.1 | 4,224,273 | |||
Securities Lending Collateral 0.5% | |||||
Wells Fargo Advantage Government Money Market Fund, Institutional Class 0.16% (c) | 0.5 | 26,305,414 | |||
Total Other Investment Companies | |||||
(Cost $30,529,687) | 30,529,687 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $25,440,741. |
(b) | Issuer is affiliated with the fund's investment adviser. |
(c) | The rate shown is the 7-day yield. |
(d) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/18/16 | 160 | 15,436,000 | 468,941 |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||
Common Stock1 | $4,836,309,300 | $— | $— | $4,836,309,300 | |||||
Health Care Equipment & Services | 252,281,650 | — | 1,755,674 | 254,037,324 | |||||
Other Investment Companies1 | 30,529,687 | — | — | 30,529,687 | |||||
Total | $5,119,120,637 | $— | $1,755,674 | $5,120,876,311 | |||||
Other Financial Instruments | |||||||||
Futures Contracts2 | $468,941 | $— | $— | $468,941 |
1 | As categorized in the complete schedule of portfolio holdings. |
2 | Futures contracts are not included in Investments in the schedule of condensed portfolio holdings and are valued at unrealized appreciation or depreciation. |
Investments in Securities | Balance as of August 31, 2015 | Realized Gains (Losses) | Change in Unrealized Appreciation (Depreciation) | Gross Purchases | Gross Sales | Gross Transfers in | Gross Transfers out | Balance as of February 29, 2016 | ||||||||
Common Stock | $— | $16,164 | $199,216 | $337,604 | ($47,741) | $1,250,431 | $— | $1,755,674 | ||||||||
Total | $— | $16,164 | $199,216 | $337,604 | ($47,741) | $1,250,431 | $— | $1,755,674 |
Assets | ||
Investments in affiliated issuers, at value (cost $8,603,027) | $8,321,585 | |
Investments in unaffiliated issuers, at value (cost $4,812,711,578) including securities on loan of $25,440,741 | 5,086,249,312 | |
Collateral invested for securities on loan, at value (cost $26,305,414) | + | 26,305,414 |
Total investments, at value (cost $4,847,620,019) | 5,120,876,311 | |
Deposit with broker for futures contracts | 665,000 | |
Receivables: | ||
Investments sold | 4,533,934 | |
Dividends | 11,806,140 | |
Income from securities on loan | 51,890 | |
Interest | + | 945 |
Total assets | 5,137,934,220 | |
Liabilities | ||
Collateral held for securities on loan | 26,305,414 | |
Payables: | ||
Investment adviser fees | 29,410 | |
Fund shares redeemed | 4,592,417 | |
Variation margin on futures contracts | 117,689 | |
Accrued expenses | + | 122,173 |
Total liabilities | 31,167,103 | |
Net Assets | ||
Total assets | 5,137,934,220 | |
Total liabilities | – | 31,167,103 |
Net assets | $5,106,767,117 | |
Net Assets by Source | ||
Capital received from investors | 4,785,200,069 | |
Net investment income not yet distributed | 19,242,409 | |
Net realized capital gains | 28,599,406 | |
Net unrealized capital appreciation | 273,725,233 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$5,106,767,117 | 111,200,000 | $45.92 | ||
Investment Income | ||
Dividends received from affiliated issuer | $36,618 | |
Dividends received from unaffiliated issuers (net of foreign withholding tax of $1,797) | 53,390,764 | |
Interest | 2,844 | |
Securities on loan | + | 189,784 |
Total investment income | 53,620,010 | |
Expenses | ||
Investment adviser fees | 803,934 | |
Proxy fees | + | 123,306 |
Total expenses | – | 927,240 |
Net investment income | 52,692,770 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on affiliated issuer | (20,561) | |
Net realized losses on unaffiliated investments | (26,200,117) | |
Net realized gains on in-kind redemptions on affiliated issuer | 115,788 | |
Net realized gains on in-kind redemptions on unaffiliated investments | 61,167,098 | |
Net realized losses on futures contracts | + | (1,319,801) |
Net realized gains | 33,742,407 | |
Net change in unrealized appreciation (depreciation) on affiliated issuer | (1,877,844) | |
Net change in unrealized appreciation (depreciation) on unaffiliated investments | (195,677,915) | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 634,067 |
Net change in unrealized appreciation (depreciation) | + | (196,921,692) |
Net realized and unrealized losses | (163,179,285) | |
Decrease in net assets resulting from operations | ($110,486,515) |
Operations | |||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||
Net investment income | $52,692,770 | $81,817,643 | |
Net realized gains | 33,742,407 | 138,752,328 | |
Net change in unrealized appreciation (depreciation) | + | (196,921,692) | (244,441,066) |
Decrease in net assets resulting from operations | (110,486,515) | (23,871,095) | |
Distributions to Shareholders | |||
Distributions from net investment income | ($48,993,430) | ($74,777,650) |
Transactions in Fund Shares | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 23,300,000 | $1,103,929,949 | 32,300,000 | $1,580,631,648 | |
Shares redeemed | + | (3,650,000) | (167,601,049) | (7,250,000) | (343,709,219) |
Net transactions in fund shares | 19,650,000 | $936,328,900 | 25,050,000 | $1,236,922,429 | |
Shares Outstanding and Net Assets | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 91,550,000 | $4,329,918,162 | 66,500,000 | $3,191,644,478 | |
Total increase | + | 19,650,000 | 776,848,955 | 25,050,000 | 1,138,273,684 |
End of period | 111,200,000 | $5,106,767,117 | 91,550,000 | $4,329,918,162 | |
Net investment income not yet distributed | $19,242,409 | $15,543,069 |
9/1/15– 2/29/16* | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 9/1/11– 8/31/12 | 9/1/10– 8/31/11 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $51.93 | $50.11 | $39.60 | $34.05 | $29.44 | $24.21 |
Income (loss) from investment operations: | ||||||
Net investment income (loss) | 0.30 1 | 0.66 1 | 0.56 | 0.55 | 0.36 | 0.27 |
Net realized and unrealized gains (losses) | (2.76) | 1.79 | 10.50 | 5.52 | 4.59 | 5.20 |
Total from investment operations | (2.46) | 2.45 | 11.06 | 6.07 | 4.95 | 5.47 |
Less distributions: | ||||||
Distributions from net investment income | (0.29) | (0.63) | (0.55) | (0.52) | (0.34) | (0.24) |
Net asset value at end of period | $49.18 | $51.93 | $50.11 | $39.60 | $34.05 | $29.44 |
Total return | (4.76%) 2 | 4.87% | 28.11% | 18.02% | 16.96% | 22.57% |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.07% 3,4 | 0.07% | 0.07% | 0.07% | 0.13% | 0.13% |
Net investment income (loss) | 1.18% 3 | 1.25% | 1.29% | 1.55% | 1.17% | 0.93% |
Portfolio turnover rate5 | 6% 2 | 10% | 7% | 11% | 8% | 10% |
Net assets, end of period (x 1,000) | $2,399,884 | $2,246,101 | $1,485,805 | $827,613 | $475,062 | $309,155 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
99.8% | Common Stock | 2,259,214,126 | 2,395,350,525 |
0.8% | Other Investment Companies | 18,803,361 | 18,803,361 |
100.6% | Total Investments | 2,278,017,487 | 2,414,153,886 |
(0.6%) | Other Assets and Liabilities, Net | (14,270,281) | |
100.0% | Net Assets | 2,399,883,605 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Common Stock 99.8% of net assets | |||||
Automobiles & Components 0.5% | |||||
Other Securities | 0.5 | 11,377,519 | |||
Banks 0.3% | |||||
Other Securities | 0.3 | 6,619,053 | |||
Capital Goods 6.2% | |||||
3M Co. | 165,778 | 1.1 | 26,005,595 | ||
Caterpillar, Inc. | 157,987 | 0.4 | 10,695,720 | ||
Danaher Corp. | 159,788 | 0.6 | 14,264,275 | ||
The Boeing Co. | 169,832 | 0.8 | 20,070,746 | ||
Other Securities | 3.3 | 78,810,666 | |||
6.2 | 149,847,002 | ||||
Commercial & Professional Services 1.1% | |||||
Other Securities | 1.1 | 25,506,630 | |||
Consumer Durables & Apparel 2.6% | |||||
NIKE, Inc., Class B | 362,970 | 0.9 | 22,355,322 | ||
Other Securities | 1.7 | 40,071,718 | |||
2.6 | 62,427,040 | ||||
Consumer Services 2.6% | |||||
Starbucks Corp. | 400,387 | 1.0 | 23,306,527 | ||
Other Securities | 1.6 | 37,770,621 | |||
2.6 | 61,077,148 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Diversified Financials 6.5% | |||||
American Express Co. | 225,842 | 0.5 | 12,552,298 | ||
Berkshire Hathaway, Inc., Class B * | 505,310 | 2.8 | 67,797,443 | ||
BlackRock, Inc. | 33,876 | 0.4 | 10,567,957 | ||
The Charles Schwab Corp. (b) | 323,754 | 0.3 | 8,110,038 | ||
Other Securities | 2.5 | 57,727,331 | |||
6.5 | 156,755,067 | ||||
Energy 4.0% | |||||
Schlumberger Ltd. | 340,459 | 1.0 | 24,417,719 | ||
Other Securities | 3.0 | 71,815,540 | |||
4.0 | 96,233,259 | ||||
Food & Staples Retailing 2.9% | |||||
Costco Wholesale Corp. | 117,567 | 0.7 | 17,638,577 | ||
CVS Health Corp. | 298,608 | 1.2 | 29,015,739 | ||
Walgreens Boots Alliance, Inc. | 235,415 | 0.8 | 18,583,660 | ||
Other Securities | 0.2 | 5,102,189 | |||
2.9 | 70,340,165 | ||||
Food, Beverage & Tobacco 1.4% | |||||
Other Securities | 1.4 | 33,679,098 | |||
Health Care Equipment & Services 7.9% | |||||
Express Scripts Holding Co. * | 182,365 | 0.5 | 12,834,849 | ||
Medtronic plc | 379,459 | 1.2 | 29,366,332 | ||
UnitedHealth Group, Inc. | 256,479 | 1.3 | 30,546,649 | ||
Other Securities | 4.9 | 116,931,813 | |||
7.9 | 189,679,643 | ||||
Household & Personal Products 0.4% | |||||
Other Securities | 0.4 | 10,275,925 | |||
Insurance 0.9% | |||||
Other Securities | 0.9 | 21,787,214 | |||
Materials 2.6% | |||||
Monsanto Co. | 118,253 | 0.4 | 10,641,588 | ||
Other Securities | 2.2 | 52,181,046 | |||
2.6 | 62,822,634 | ||||
Media 5.0% | |||||
Comcast Corp., Class A | 657,804 | 1.6 | 37,975,025 | ||
The Walt Disney Co. | 410,403 | 1.6 | 39,201,695 | ||
Time Warner Cable, Inc. | 76,717 | 0.6 | 14,642,207 | ||
Other Securities | 1.2 | 27,452,967 | |||
5.0 | 119,271,894 | ||||
Pharmaceuticals, Biotechnology & Life Sciences 9.1% | |||||
Allergan plc * | 106,496 | 1.3 | 30,895,555 | ||
Amgen, Inc. | 204,111 | 1.2 | 29,040,913 | ||
Biogen, Inc. * | 59,968 | 0.6 | 15,556,899 | ||
Celgene Corp. * | 211,650 | 0.9 | 21,340,669 | ||
Gilead Sciences, Inc. | 389,376 | 1.4 | 33,973,056 | ||
Thermo Fisher Scientific, Inc. | 107,926 | 0.6 | 13,942,960 | ||
Other Securities | 3.1 | 73,863,386 | |||
9.1 | 218,613,438 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Real Estate 3.9% | |||||
Simon Property Group, Inc. | 83,664 | 0.7 | 15,873,571 | ||
Other Securities | 3.2 | 77,452,559 | |||
3.9 | 93,326,130 | ||||
Retailing 9.6% | |||||
Amazon.com, Inc. * | 103,682 | 2.4 | 57,286,379 | ||
Lowe's Cos., Inc. | 246,650 | 0.7 | 16,656,274 | ||
Netflix, Inc. * | 115,783 | 0.5 | 10,815,290 | ||
The Home Depot, Inc. | 342,431 | 1.8 | 42,502,536 | ||
The Priceline Group, Inc. * | 13,445 | 0.7 | 17,010,748 | ||
The TJX Cos., Inc. | 180,202 | 0.6 | 13,352,968 | ||
Other Securities | 2.9 | 72,930,223 | |||
9.6 | 230,554,418 | ||||
Semiconductors & Semiconductor Equipment 2.1% | |||||
Broadcom Ltd. | 104,575 | 0.6 | 14,009,913 | ||
QUALCOMM, Inc. | 404,182 | 0.9 | 20,528,404 | ||
Other Securities | 0.6 | 15,749,078 | |||
2.1 | 50,287,395 | ||||
Software & Services 18.2% | |||||
Accenture plc, Class A | 168,023 | 0.7 | 16,845,986 | ||
Adobe Systems, Inc. * | 134,833 | 0.5 | 11,481,030 | ||
Alphabet, Inc., Class A * | 78,702 | 2.4 | 56,446,649 | ||
Alphabet, Inc., Class C * | 80,023 | 2.3 | 55,837,649 | ||
Facebook, Inc., Class A * | 612,651 | 2.7 | 65,504,645 | ||
MasterCard, Inc., Class A | 266,758 | 1.0 | 23,186,605 | ||
Oracle Corp. | 862,037 | 1.3 | 31,705,721 | ||
PayPal Holdings, Inc. * | 300,248 | 0.5 | 11,451,459 | ||
salesforce.com, Inc. * | 167,552 | 0.5 | 11,351,648 | ||
Visa, Inc., Class A | 525,223 | 1.6 | 38,020,893 | ||
Other Securities | 4.7 | 113,778,857 | |||
18.2 | 435,611,142 | ||||
Technology Hardware & Equipment 7.6% | |||||
Apple, Inc. | 1,504,046 | 6.1 | 145,426,208 | ||
EMC Corp. | 524,993 | 0.6 | 13,718,067 | ||
Other Securities | 0.9 | 23,537,933 | |||
7.6 | 182,682,208 | ||||
Telecommunication Services 0.4% | |||||
Other Securities | 0.4 | 9,760,664 | |||
Transportation 3.9% | |||||
Union Pacific Corp. | 230,803 | 0.8 | 18,201,125 | ||
United Parcel Service, Inc., Class B | 188,595 | 0.8 | 18,208,847 | ||
Other Securities | 2.3 | 57,654,841 | |||
3.9 | 94,064,813 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Utilities 0.1% | |||||
Other Securities | 0.1 | 2,751,026 | |||
Total Common Stock | |||||
(Cost $2,259,214,126) | 2,395,350,525 | ||||
Other Investment Companies 0.8% of net assets | |||||
Money Market Fund 0.1% | |||||
Other Securities | 0.1 | 1,803,391 | |||
Securities Lending Collateral 0.7% | |||||
Wells Fargo Advantage Government Money Market Fund, Institutional Class 0.16% (c) | 0.7 | 16,999,970 | |||
Total Other Investment Companies | |||||
(Cost $18,803,361) | 18,803,361 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $16,423,687. |
(b) | Issuer is affiliated with the fund's investment adviser. |
(c) | The rate shown is the 7-day yield. |
(d) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
ETF — | Exchange-traded fund |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/18/16 | 40 | 3,859,000 | 89,970 |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||
Common Stock1 | $2,205,670,882 | $— | $— | $2,205,670,882 | |||||
Health Care Equipment & Services | 188,008,463 | — | 1,671,180 | 189,679,643 | |||||
Other Investment Companies1 | 18,803,361 | — | — | 18,803,361 | |||||
Total | $2,412,482,706 | $— | $1,671,180 | $2,414,153,886 | |||||
Other Financial Instruments | |||||||||
Futures Contracts2 | $89,970 | $— | $— | $89,970 |
1 | As categorized in the complete schedule of portfolio holdings. |
2 | Futures contracts are not included in Investments in the schedule of condensed portfolio holdings and are valued at unrealized appreciation or depreciation. |
Investments in Securities | Balance as of August 31, 2015 | Realized Gains (Losses) | Change in Unrealized Appreciation (Depreciation) | Gross Purchases | Gross Sales | Gross Transfers in | Gross Transfers out | Balance as of February 29, 2016 | ||||||||
Common Stock | $— | $23,709 | $191,959 | $278,004 | ($69,204) | $1,246,712 | $— | $1,671,180 | ||||||||
Total | $— | $23,709 | $191,959 | $278,004 | ($69,204) | $1,246,712 | $— | $1,671,180 |
Assets | ||
Investments in affiliated issuers, at value (cost $8,516,691) | $8,110,038 | |
Investments in unaffiliated issuers, at value (cost $2,252,500,826) including securities on loan of $16,423,687 | 2,389,043,878 | |
Collateral invested for securities on loan, at value (cost $16,999,970) | + | 16,999,970 |
Total investments, at value (cost $2,278,017,487) | 2,414,153,886 | |
Cash | 220,250 | |
Deposit with broker for futures contracts | 522,500 | |
Receivables: | ||
Investments sold | 453,729 | |
Dividends | 2,315,575 | |
Income from securities on loan | 34,635 | |
Interest | + | 524 |
Total assets | 2,417,701,099 | |
Liabilities | ||
Collateral held for securities on loan | 16,999,970 | |
Payables: | ||
Investments bought | 673,979 | |
Investment adviser fees | 27,577 | |
Variation margin on futures contracts | 26,400 | |
Accrued expenses | + | 89,568 |
Total liabilities | 17,817,494 | |
Net Assets | ||
Total assets | 2,417,701,099 | |
Total liabilities | – | 17,817,494 |
Net assets | $2,399,883,605 | |
Net Assets by Source | ||
Capital received from investors | 2,225,792,336 | |
Net investment income not yet distributed | 4,517,962 | |
Net realized capital gains | 33,346,938 | |
Net unrealized capital appreciation | 136,226,369 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$2,399,883,605 | 48,800,000 | $49.18 | ||
Investment Income | ||
Dividends received from affiliated issuer | $37,833 | |
Dividends received from unaffiliated issuers (net of foreign withholding tax of $3,568) | 15,142,092 | |
Interest | 1,184 | |
Securities on loan | + | 120,949 |
Total investment income | 15,302,058 | |
Expenses | ||
Investment adviser fees | 785,795 | |
Proxy fees | + | 90,173 |
Total expenses | – | 875,968 |
Net investment income | 14,426,090 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on investments | (16,386,947) | |
Net realized gains on in-kind redemptions on affiliated issuer | 190,867 | |
Net realized gains on in-kind redemptions on unaffiliated investments | 50,871,055 | |
Net realized losses on futures contracts | + | (684,988) |
Net realized gains | 33,989,987 | |
Net change in unrealized appreciation (depreciation) on affiliated issuer | (1,995,635) | |
Net change in unrealized appreciation (depreciation) on unaffiliated investments | (179,375,339) | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 115,603 |
Net change in unrealized appreciation (depreciation) | + | (181,255,371) |
Net realized and unrealized losses | (147,265,384) | |
Decrease in net assets resulting from operations | ($132,839,294) |
Operations | |||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||
Net investment income | $14,426,090 | $24,011,446 | |
Net realized gains | 33,989,987 | 108,889,591 | |
Net change in unrealized appreciation (depreciation) | + | (181,255,371) | (71,625,484) |
Increase (decrease) in net assets resulting from operations | (132,839,294) | 61,275,553 | |
Distributions to Shareholders | |||
Distributions from net investment income | ($13,905,420) | ($22,727,825) |
Transactions in Fund Shares | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 9,050,000 | $475,634,051 | 20,150,000 | $1,054,286,554 | |
Shares redeemed | + | (3,500,000) | (175,106,820) | (6,550,000) | (332,537,817) |
Net transactions in fund shares | 5,550,000 | $300,527,231 | 13,600,000 | $721,748,737 | |
Shares Outstanding and Net Assets | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 43,250,000 | $2,246,101,088 | 29,650,000 | $1,485,804,623 | |
Total increase | + | 5,550,000 | 153,782,517 | 13,600,000 | 760,296,465 |
End of period | 48,800,000 | $2,399,883,605 | 43,250,000 | $2,246,101,088 | |
Net investment income not yet distributed | $4,517,962 | $3,997,292 |
9/1/15– 2/29/16* | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 9/1/11– 8/31/12 | 9/1/10– 8/31/11 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $40.89 | $43.54 | $36.49 | $31.24 | $27.34 | $24.36 |
Income (loss) from investment operations: | ||||||
Net investment income (loss) | 0.64 1 | 1.20 1 | 1.00 | 0.93 | 0.82 | 0.70 |
Net realized and unrealized gains (losses) | (0.25) | (2.75) | 7.03 | 5.24 | 3.89 | 2.99 |
Total from investment operations | 0.39 | (1.55) | 8.03 | 6.17 | 4.71 | 3.69 |
Less distributions: | ||||||
Distributions from net investment income | (0.58) | (1.10) | (0.98) | (0.92) | (0.81) | (0.71) |
Net asset value at end of period | $40.70 | $40.89 | $43.54 | $36.49 | $31.24 | $27.34 |
Total return | 0.95% 2 | (3.71%) | 22.25% | 20.06% | 17.53% | 15.12% |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.07% 3,4 | 0.07% | 0.07% | 0.07% | 0.13% | 0.13% |
Net investment income (loss) | 3.14% 3 | 2.75% | 2.54% | 2.73% | 2.89% | 2.68% |
Portfolio turnover rate5 | 5% 2 | 15% | 9% | 9% | 8% | 7% |
Net assets, end of period (x 1,000) | $1,770,667 | $1,435,194 | $1,162,576 | $700,693 | $385,791 | $241,994 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
99.5% | Common Stock | 1,732,651,952 | 1,762,289,788 |
0.4% | Other Investment Companies | 7,243,358 | 7,243,358 |
99.9% | Total Investments | 1,739,895,310 | 1,769,533,146 |
0.1% | Other Assets and Liabilities, Net | 1,134,043 | |
100.0% | Net Assets | 1,770,667,189 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Common Stock 99.5% of net assets | |||||
Automobiles & Components 1.6% | |||||
Ford Motor Co. | 728,316 | 0.5 | 9,111,233 | ||
Other Securities | 1.1 | 18,870,073 | |||
1.6 | 27,981,306 | ||||
Banks 9.6% | |||||
Bank of America Corp. | 1,935,040 | 1.4 | 24,226,701 | ||
Citigroup, Inc. | 553,969 | 1.2 | 21,521,696 | ||
JPMorgan Chase & Co. | 684,702 | 2.2 | 38,548,723 | ||
U.S. Bancorp | 306,203 | 0.7 | 11,794,940 | ||
Wells Fargo & Co. | 867,851 | 2.3 | 40,719,569 | ||
Other Securities | 1.8 | 32,958,556 | |||
9.6 | 169,770,185 | ||||
Capital Goods 8.3% | |||||
General Electric Co. | 1,755,106 | 2.9 | 51,143,789 | ||
Honeywell International, Inc. | 143,270 | 0.8 | 14,520,415 | ||
Lockheed Martin Corp. | 49,404 | 0.6 | 10,660,889 | ||
United Technologies Corp. | 144,873 | 0.8 | 13,997,629 | ||
Other Securities | 3.2 | 57,258,888 | |||
8.3 | 147,581,610 | ||||
Commercial & Professional Services 0.6% | |||||
Other Securities | 0.6 | 10,270,190 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Consumer Durables & Apparel 0.7% | |||||
Other Securities | 0.7 | 12,788,437 | |||
Consumer Services 1.8% | |||||
McDonald's Corp. | 171,145 | 1.1 | 20,056,483 | ||
Other Securities | 0.7 | 12,379,589 | |||
1.8 | 32,436,072 | ||||
Diversified Financials 3.0% | |||||
The Goldman Sachs Group, Inc. | 74,768 | 0.6 | 11,180,059 | ||
Other Securities | 2.4 | 41,412,395 | |||
3.0 | 52,592,454 | ||||
Energy 8.2% | |||||
Chevron Corp. | 350,582 | 1.7 | 29,252,562 | ||
ConocoPhillips | 230,465 | 0.4 | 7,796,631 | ||
Exxon Mobil Corp. | 774,973 | 3.5 | 62,114,086 | ||
Occidental Petroleum Corp. | 142,412 | 0.6 | 9,800,794 | ||
Other Securities | 2.0 | 36,297,220 | |||
8.2 | 145,261,293 | ||||
Food & Staples Retailing 1.7% | |||||
Wal-Mart Stores, Inc. | 292,328 | 1.1 | 19,393,040 | ||
Other Securities | 0.6 | 11,523,867 | |||
1.7 | 30,916,907 | ||||
Food, Beverage & Tobacco 9.8% | |||||
Altria Group, Inc. | 364,597 | 1.3 | 22,448,237 | ||
Mondelez International, Inc., Class A | 296,357 | 0.7 | 12,011,349 | ||
PepsiCo, Inc. | 271,671 | 1.5 | 26,574,857 | ||
Philip Morris International, Inc. | 287,892 | 1.5 | 26,206,809 | ||
The Coca-Cola Co. | 727,845 | 1.8 | 31,391,955 | ||
The Kraft Heinz Co. | 110,499 | 0.5 | 8,510,633 | ||
Other Securities | 2.5 | 45,804,218 | |||
9.8 | 172,948,058 | ||||
Health Care Equipment & Services 2.2% | |||||
Abbott Laboratories | 276,999 | 0.6 | 10,730,941 | ||
Other Securities | 1.6 | 28,927,524 | |||
2.2 | 39,658,465 | ||||
Household & Personal Products 3.6% | |||||
Colgate-Palmolive Co. | 167,672 | 0.6 | 11,005,990 | ||
Kimberly-Clark Corp. | 67,354 | 0.5 | 8,776,226 | ||
The Procter & Gamble Co. | 506,692 | 2.3 | 40,682,301 | ||
Other Securities | 0.2 | 4,293,873 | |||
3.6 | 64,758,390 | ||||
Insurance 4.7% | |||||
American International Group, Inc. | 231,454 | 0.7 | 11,618,991 | ||
Chubb Ltd. | 85,713 | 0.6 | 9,902,423 | ||
MetLife, Inc. | 205,978 | 0.5 | 8,148,490 | ||
Other Securities | 2.9 | 54,413,917 | |||
4.7 | 84,083,821 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Materials 3.2% | |||||
E.I. du Pont de Nemours & Co. | 162,280 | 0.6 | 9,877,984 | ||
The Dow Chemical Co. | 208,492 | 0.6 | 10,134,796 | ||
Other Securities | 2.0 | 35,907,564 | |||
3.2 | 55,920,344 | ||||
Media 1.9% | |||||
Time Warner, Inc. | 148,267 | 0.6 | 9,815,275 | ||
Other Securities | 1.3 | 23,386,454 | |||
1.9 | 33,201,729 | ||||
Pharmaceuticals, Biotechnology & Life Sciences 9.6% | |||||
AbbVie, Inc. | 303,313 | 0.9 | 16,563,923 | ||
Bristol-Myers Squibb Co. | 310,244 | 1.1 | 19,213,411 | ||
Eli Lilly & Co. | 181,075 | 0.7 | 13,037,400 | ||
Johnson & Johnson | 515,058 | 3.1 | 54,189,252 | ||
Merck & Co., Inc. | 520,962 | 1.5 | 26,157,502 | ||
Pfizer, Inc. | 1,147,831 | 1.9 | 34,056,146 | ||
Other Securities | 0.4 | 6,276,323 | |||
9.6 | 169,493,957 | ||||
Real Estate 3.0% | |||||
Other Securities | 3.0 | 52,980,773 | |||
Retailing 1.3% | |||||
Target Corp. | 113,515 | 0.5 | 8,905,252 | ||
Other Securities | 0.8 | 13,486,261 | |||
1.3 | 22,391,513 | ||||
Semiconductors & Semiconductor Equipment 3.1% | |||||
Intel Corp. | 879,662 | 1.5 | 26,029,199 | ||
Texas Instruments, Inc. | 188,104 | 0.6 | 9,973,274 | ||
Other Securities | 1.0 | 18,626,982 | |||
3.1 | 54,629,455 | ||||
Software & Services 6.7% | |||||
International Business Machines Corp. | 166,093 | 1.2 | 21,763,166 | ||
Microsoft Corp. | 1,486,899 | 4.3 | 75,653,421 | ||
Other Securities | 1.2 | 21,369,597 | |||
6.7 | 118,786,184 | ||||
Technology Hardware & Equipment 3.0% | |||||
Cisco Systems, Inc. | 943,538 | 1.4 | 24,701,825 | ||
Other Securities | 1.6 | 27,874,323 | |||
3.0 | 52,576,148 | ||||
Telecommunication Services 4.8% | |||||
AT&T, Inc. | 1,143,503 | 2.4 | 42,252,436 | ||
Verizon Communications, Inc. | 756,220 | 2.2 | 38,363,040 | ||
Other Securities | 0.2 | 5,011,071 | |||
4.8 | 85,626,547 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Transportation 0.6% | |||||
Other Securities | 0.6 | 9,977,634 | |||
Utilities 6.5% | |||||
Duke Energy Corp. | 126,418 | 0.5 | 9,390,329 | ||
NextEra Energy, Inc. | 85,672 | 0.5 | 9,665,515 | ||
The Southern Co. | 168,725 | 0.5 | 8,129,170 | ||
Other Securities | 5.0 | 88,473,302 | |||
6.5 | 115,658,316 | ||||
Total Common Stock | |||||
(Cost $1,732,651,952) | 1,762,289,788 | ||||
Other Investment Companies 0.4% of net assets | |||||
Money Market Fund 0.1% | |||||
Other Securities | 0.1 | 1,788,945 | |||
Securities Lending Collateral 0.3% | |||||
Other Securities | 0.3 | 5,454,413 | |||
Total Other Investment Companies | |||||
(Cost $7,243,358) | 7,243,358 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $5,270,078. |
(b) | The rate shown is the 7-day yield. |
ETF — | Exchange-traded fund |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/18/16 | 85 | 8,200,375 | 156,436 |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||
Common Stock1 | $1,762,289,788 | $— | $— | $1,762,289,788 | |||||
Other Investment Companies1 | 7,243,358 | — | — | 7,243,358 | |||||
Total | $1,769,533,146 | $— | $— | $1,769,533,146 | |||||
Other Financial Instruments | |||||||||
Futures Contracts2 | $156,436 | $— | $— | $156,436 |
1 | As categorized in the complete schedule of portfolio holdings. |
2 | Futures contracts are not included in Investments in the schedule of condensed portfolio holdings and are valued at unrealized appreciation or depreciation. |
Assets | ||
Investments, at value (cost $1,734,440,897) including securities on loan of $5,270,078 | $1,764,078,733 | |
Collateral invested for securities on loan, at value (cost $5,454,413) | + | 5,454,413 |
Total investments, at value (cost $1,739,895,310) | 1,769,533,146 | |
Deposit with broker for futures contracts | 356,250 | |
Receivables: | ||
Dividends | 6,368,058 | |
Income from securities on loan | 10,343 | |
Interest | + | 399 |
Total assets | 1,776,268,196 | |
Liabilities | ||
Collateral held for securities on loan | 5,454,413 | |
Payables: | ||
Investment adviser fees | 20,430 | |
Variation margin on futures contracts | 62,144 | |
Accrued expenses | + | 64,020 |
Total liabilities | 5,601,007 | |
Net Assets | ||
Total assets | 1,776,268,196 | |
Total liabilities | – | 5,601,007 |
Net assets | $1,770,667,189 | |
Net Assets by Source | ||
Capital received from investors | 1,722,984,783 | |
Net investment income not yet distributed | 9,825,092 | |
Net realized capital gains | 8,063,042 | |
Net unrealized capital appreciation | 29,794,272 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$1,770,667,189 | 43,500,000 | $40.70 | ||
Investment Income | ||
Dividends | $26,400,060 | |
Interest | 918 | |
Securities on loan | + | 52,730 |
Total investment income | 26,453,708 | |
Expenses | ||
Investment adviser fees | 527,756 | |
Proxy fees | + | 64,402 |
Total expenses | – | 592,158 |
Net investment income | 25,861,550 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on investments | (13,406,028) | |
Net realized gains on in-kind redemptions | 24,973,012 | |
Net realized losses on futures contracts | + | (471,039) |
Net realized gains | 11,095,945 | |
Net change in unrealized appreciation (depreciation) on investments | (32,866,529) | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 156,436 |
Net change in unrealized appreciation (depreciation) | + | (32,710,093) |
Net realized and unrealized losses | (21,614,148) | |
Increase in net assets resulting from operations | $4,247,402 |
Operations | |||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||
Net investment income | $25,861,550 | $36,056,467 | |
Net realized gains | 11,095,945 | 61,278,807 | |
Net change in unrealized appreciation (depreciation) | + | (32,710,093) | (156,701,092) |
Increase (decrease) in net assets resulting from operations | 4,247,402 | (59,365,818) | |
Distributions to Shareholders | |||
Distributions from net investment income | ($23,116,240) | ($32,821,400) |
Transactions in Fund Shares | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 11,050,000 | $461,236,429 | 12,900,000 | $560,369,492 | |
Shares redeemed | + | (2,650,000) | (106,894,736) | (4,500,000) | (195,564,092) |
Net transactions in fund shares | 8,400,000 | $354,341,693 | 8,400,000 | $364,805,400 | |
Shares Outstanding and Net Assets | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 35,100,000 | $1,435,194,334 | 26,700,000 | $1,162,576,152 | |
Total increase | + | 8,400,000 | 335,472,855 | 8,400,000 | 272,618,182 |
End of period | 43,500,000 | $1,770,667,189 | 35,100,000 | $1,435,194,334 | |
Net investment income not yet distributed | $9,825,092 | $7,079,782 |
9/1/15– 2/29/16* | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 9/1/11– 8/31/12 | 1/12/11 1– 8/31/11 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $40.70 | $40.56 | $32.94 | $26.56 | $23.75 | $25.00 |
Income (loss) from investment operations: | ||||||
Net investment income (loss) | 0.43 2 | 0.59 2 | 0.56 | 0.51 | 0.37 | 0.18 |
Net realized and unrealized gains (losses) | (3.14) | 0.12 | 7.62 | 6.40 | 2.77 | (1.29) |
Total from investment operations | (2.71) | 0.71 | 8.18 | 6.91 | 3.14 | (1.11) |
Less distributions: | ||||||
Distributions from net investment income | (0.32) | (0.57) | (0.56) | (0.53) | (0.33) | (0.14) |
Net asset value at end of period | $37.67 | $40.70 | $40.56 | $32.94 | $26.56 | $23.75 |
Total return | (6.69%) 3 | 1.71% | 24.97% | 26.27% | 13.32% | (4.49%) 3 |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.07% 4 | 0.07% | 0.07% | 0.07% | 0.13% | 0.13% 5 |
Net investment income (loss) | 2.20% 4 | 1.42% | 1.53% | 1.70% | 1.53% | 1.18% 5 |
Portfolio turnover rate6 | 18% 3 | 12% | 9% | 25% | 19% | 9% 3 |
Net assets, end of period (x 1,000) | $1,875,752 | $1,841,785 | $1,190,517 | $611,081 | $205,840 | $79,550 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
99.9% | Common Stock | 1,948,119,261 | 1,873,490,426 |
2.3% | Other Investment Companies | 43,029,761 | 43,049,935 |
102.2% | Total Investments | 1,991,149,022 | 1,916,540,361 |
(2.2%) | Other Assets and Liabilities, Net | (40,788,723) | |
100.0% | Net Assets | 1,875,751,638 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Common Stock 99.9% of net assets | |||||
Automobiles & Components 1.1% | |||||
Lear Corp. | 64,172 | 0.3 | 6,503,832 | ||
The Goodyear Tire & Rubber Co. | 226,907 | 0.4 | 6,834,439 | ||
Other Securities | 0.4 | 7,560,102 | |||
1.1 | 20,898,373 | ||||
Banks 3.8% | |||||
First Republic Bank | 121,815 | 0.4 | 7,496,495 | ||
Other Securities | 3.4 | 64,027,629 | |||
3.8 | 71,524,124 | ||||
Capital Goods 10.8% | |||||
Acuity Brands, Inc. | 37,500 | 0.4 | 7,853,625 | ||
Fortune Brands Home & Security, Inc. | 137,159 | 0.4 | 6,888,125 | ||
Masco Corp. | 285,148 | 0.4 | 8,041,174 | ||
Snap-on, Inc. | 49,149 | 0.4 | 7,110,386 | ||
Other Securities | 9.2 | 171,958,771 | |||
10.8 | 201,852,081 | ||||
Commercial & Professional Services 2.4% | |||||
Waste Connections, Inc. | 105,991 | 0.3 | 6,536,465 | ||
Other Securities | 2.1 | 39,286,429 | |||
2.4 | 45,822,894 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Consumer Durables & Apparel 4.4% | |||||
Hasbro, Inc. | 94,787 | 0.4 | 7,191,490 | ||
Lennar Corp., Class A | 154,104 | 0.3 | 6,463,122 | ||
Mattel, Inc. | 288,631 | 0.5 | 9,386,280 | ||
Other Securities | 3.2 | 59,302,985 | |||
4.4 | 82,343,877 | ||||
Consumer Services 3.0% | |||||
H&R Block, Inc. | 200,373 | 0.4 | 6,588,264 | ||
Other Securities | 2.6 | 50,536,020 | |||
3.0 | 57,124,284 | ||||
Diversified Financials 3.8% | |||||
Other Securities | 3.8 | 70,593,087 | |||
Energy 4.0% | |||||
Other Securities | 4.0 | 74,464,728 | |||
Food & Staples Retailing 0.8% | |||||
Rite Aid Corp. * | 896,055 | 0.4 | 7,123,637 | ||
Other Securities | 0.4 | 6,879,999 | |||
0.8 | 14,003,636 | ||||
Food, Beverage & Tobacco 1.3% | |||||
Other Securities | 1.3 | 24,480,024 | |||
Health Care Equipment & Services 5.6% | |||||
DENTSPLY International, Inc. | 118,549 | 0.4 | 7,226,747 | ||
ResMed, Inc. | 118,601 | 0.4 | 6,749,583 | ||
Varian Medical Systems, Inc. * | 83,976 | 0.4 | 6,568,603 | ||
Other Securities | 4.4 | 85,124,794 | |||
5.6 | 105,669,727 | ||||
Household & Personal Products 0.8% | |||||
Other Securities | 0.8 | 14,707,611 | |||
Insurance 6.9% | |||||
Arch Capital Group Ltd. * | 104,142 | 0.4 | 7,075,407 | ||
Cincinnati Financial Corp. | 126,393 | 0.4 | 7,980,454 | ||
Everest Re Group Ltd. | 36,512 | 0.4 | 6,795,979 | ||
FNF Group | 235,346 | 0.4 | 7,761,711 | ||
Willis Towers Watson plc | 117,324 | 0.7 | 13,295,156 | ||
Other Securities | 4.6 | 86,228,872 | |||
6.9 | 129,137,579 | ||||
Materials 5.5% | |||||
Airgas, Inc. | 54,821 | 0.4 | 7,758,268 | ||
International Flavors & Fragrances, Inc. | 67,909 | 0.4 | 7,014,321 | ||
Other Securities | 4.7 | 88,890,272 | |||
5.5 | 103,662,861 | ||||
Media 2.6% | |||||
The Interpublic Group of Cos., Inc. | 344,055 | 0.4 | 7,359,336 | ||
Other Securities | 2.2 | 42,057,273 | |||
2.6 | 49,416,609 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Pharmaceuticals, Biotechnology & Life Sciences 3.9% | |||||
Jazz Pharmaceuticals plc * | 52,490 | 0.3 | 6,381,734 | ||
Mettler-Toledo International, Inc. * | 23,415 | 0.4 | 7,373,618 | ||
Other Securities | 3.2 | 59,095,724 | |||
3.9 | 72,851,076 | ||||
Real Estate 11.5% | |||||
Extra Space Storage, Inc. | 104,839 | 0.5 | 8,612,524 | ||
Federal Realty Investment Trust | 58,861 | 0.5 | 8,714,960 | ||
Realty Income Corp. | 212,215 | 0.7 | 12,423,066 | ||
SL Green Realty Corp. | 84,823 | 0.4 | 7,479,692 | ||
UDR, Inc. | 221,390 | 0.4 | 7,600,319 | ||
Other Securities | 9.0 | 171,444,548 | |||
11.5 | 216,275,109 | ||||
Retailing 3.9% | |||||
Foot Locker, Inc. | 117,617 | 0.4 | 7,351,063 | ||
LKQ Corp. * | 261,528 | 0.4 | 7,218,173 | ||
Ulta Salon, Cosmetics & Fragrance, Inc. * | 54,187 | 0.5 | 8,951,151 | ||
Other Securities | 2.6 | 49,311,669 | |||
3.9 | 72,832,056 | ||||
Semiconductors & Semiconductor Equipment 1.6% | |||||
KLA-Tencor Corp. | 132,665 | 0.5 | 8,986,727 | ||
Other Securities | 1.1 | 20,940,097 | |||
1.6 | 29,926,824 | ||||
Software & Services 8.7% | |||||
Amdocs Ltd. | 130,143 | 0.4 | 7,386,917 | ||
Global Payments, Inc. | 111,746 | 0.4 | 6,810,919 | ||
Vantiv, Inc., Class A * | 132,874 | 0.4 | 6,914,763 | ||
VeriSign, Inc. * | 83,379 | 0.4 | 7,044,692 | ||
Other Securities | 7.1 | 134,534,679 | |||
8.7 | 162,691,970 | ||||
Technology Hardware & Equipment 3.6% | |||||
Harris Corp. | 105,351 | 0.4 | 8,219,485 | ||
Other Securities | 3.2 | 60,014,478 | |||
3.6 | 68,233,963 | ||||
Telecommunication Services 0.5% | |||||
Other Securities | 0.5 | 8,865,635 | |||
Transportation 2.6% | |||||
Alaska Air Group, Inc. | 106,522 | 0.4 | 7,871,976 | ||
Expeditors International of Washington, Inc. | 157,612 | 0.4 | 7,215,477 | ||
Other Securities | 1.8 | 33,714,002 | |||
2.6 | 48,801,455 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Utilities 6.8% | |||||
AGL Resources, Inc. | 103,320 | 0.4 | 6,679,638 | ||
Alliant Energy Corp. | 95,946 | 0.3 | 6,519,531 | ||
American Water Works Co., Inc. | 153,430 | 0.5 | 9,945,333 | ||
CenterPoint Energy, Inc. | 365,268 | 0.4 | 6,804,943 | ||
CMS Energy Corp. | 235,922 | 0.5 | 9,333,074 | ||
Pinnacle West Capital Corp. | 93,751 | 0.3 | 6,452,881 | ||
SCANA Corp. | 122,054 | 0.4 | 7,935,951 | ||
Other Securities | 4.0 | 73,639,492 | |||
6.8 | 127,310,843 | ||||
Total Common Stock | |||||
(Cost $1,948,119,261) | 1,873,490,426 | ||||
Other Investment Companies 2.3% of net assets | |||||
Equity Fund 0.1% | |||||
Other Securities | 0.1 | 704,961 | |||
Money Market Fund 0.0% | |||||
Other Securities | 0.0 | 438,435 | |||
Securities Lending Collateral 2.2% | |||||
Wells Fargo Advantage Government Money Market Fund, Institutional Class 0.16% (b) | 2.2 | 41,906,539 | |||
Total Other Investment Companies | |||||
(Cost $43,029,761) | 43,049,935 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $40,167,302. |
(b) | The rate shown is the 7-day yield. |
(c) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
ETF — | Exchange-traded fund |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||
Common Stock1 | $1,767,820,699 | $— | $— | $1,767,820,699 | |||||
Health Care Equipment & Services | 100,417,414 | — | 5,252,313 | 105,669,727 | |||||
Other Investment Companies1 | 43,049,935 | — | — | 43,049,935 | |||||
Total | $1,911,288,048 | $— | $5,252,313 | $1,916,540,361 |
1 | As categorized in the complete schedule of portfolio holdings. |
Investments in Securities | Balance as of August 31, 2015 | Realized Gains (Losses) | Change in Unrealized Appreciation (Depreciation) | Gross Purchases | Gross Sales | Gross Transfers in | Gross Transfers out | Balance as of February 29, 2016 | ||||||||
Common Stock | $— | $50,420 | $623,207 | $1,232,559 | ($576,090) | $3,922,216 | $— | $5,252,313 | ||||||||
Total | $— | $50,420 | $623,207 | $1,232,559 | ($576,090) | $3,922,216 | $— | $5,252,313 |
Assets | ||
Investments, at value (cost $1,949,242,483) including securities on loan of $40,167,302 | $1,874,633,822 | |
Collateral invested for securities on loan, at value (cost $41,906,539) | + | 41,906,539 |
Total investments, at value (cost $1,991,149,022) | 1,916,540,361 | |
Receivables: | ||
Investments sold | 145,845 | |
Dividends | 2,154,920 | |
Income from securities on loan | 136,273 | |
Interest | + | 140 |
Total assets | 1,918,977,539 | |
Liabilities | ||
Collateral held for securities on loan | 41,906,539 | |
Payables: | ||
Investments bought | 1,217,971 | |
Investment adviser fees | 25,002 | |
Accrued expenses | + | 76,389 |
Total liabilities | 43,225,901 | |
Net Assets | ||
Total assets | 1,918,977,539 | |
Total liabilities | – | 43,225,901 |
Net assets | $1,875,751,638 | |
Net Assets by Source | ||
Capital received from investors | 1,927,891,409 | |
Net investment income not yet distributed | 6,925,786 | |
Net realized capital gains | 15,543,104 | |
Net unrealized capital depreciation | (74,608,661) |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$1,875,751,638 | 49,800,000 | $37.67 | ||
Investment Income | ||
Dividends (net of foreign withholding tax of $11,954) | $20,861,857 | |
Interest | 391 | |
Securities on loan | + | 634,079 |
Total investment income | 21,496,327 | |
Expenses | ||
Investment adviser fees | 660,438 | |
Proxy fees | + | 76,882 |
Total expenses | – | 737,320 |
Net investment income | 20,759,007 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on investments | (66,910,550) | |
Net realized gains on in-kind redemptions | 84,945,460 | |
Net realized losses on futures contracts | + | (753,548) |
Net realized gains | 17,281,362 | |
Net change in unrealized appreciation (depreciation) on investments | (177,952,351) | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 7,955 |
Net change in unrealized appreciation (depreciation) | + | (177,944,396) |
Net realized and unrealized losses | (160,663,034) | |
Decrease in net assets resulting from operations | ($139,904,027) |
Operations | |||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||
Net investment income | $20,759,007 | $22,342,560 | |
Net realized gains | 17,281,362 | 78,324,391 | |
Net change in unrealized appreciation (depreciation) | + | (177,944,396) | (100,425,456) |
Increase (decrease) in net assets resulting from operations | (139,904,027) | 241,495 | |
Distributions to Shareholders | |||
Distributions from net investment income | ($15,496,470) | ($20,721,520) |
Transactions in Fund Shares | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 12,750,000 | $520,432,982 | 21,550,000 | $898,836,550 | |
Shares redeemed | + | (8,200,000) | (331,065,859) | (5,650,000) | (227,088,435) |
Net transactions in fund shares | 4,550,000 | $189,367,123 | 15,900,000 | $671,748,115 | |
Shares Outstanding and Net Assets | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 45,250,000 | $1,841,785,012 | 29,350,000 | $1,190,516,922 | |
Total increase | + | 4,550,000 | 33,966,626 | 15,900,000 | 651,268,090 |
End of period | 49,800,000 | $1,875,751,638 | 45,250,000 | $1,841,785,012 | |
Net investment income not yet distributed | $6,925,786 | $1,663,249 |
9/1/15– 2/29/16* | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 9/1/11– 8/31/12 | 9/1/10– 8/31/11 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $53.54 | $54.53 | $45.71 | $36.55 | $32.34 | $26.48 |
Income (loss) from investment operations: | ||||||
Net investment income (loss) | 0.52 1 | 0.80 1 | 0.73 | 0.74 | 0.49 | 0.39 |
Net realized and unrealized gains (losses) | (5.38) | (1.07) | 8.84 | 9.18 | 4.16 | 5.86 |
Total from investment operations | (4.86) | (0.27) | 9.57 | 9.92 | 4.65 | 6.25 |
Less distributions: | ||||||
Distributions from net investment income | (0.42) | (0.72) | (0.75) | (0.76) | (0.44) | (0.39) |
Net asset value at end of period | $48.26 | $53.54 | $54.53 | $45.71 | $36.55 | $32.34 |
Total return | (9.14%) 2 | (0.54%) | 21.01% | 27.47% | 14.52% | 23.55% |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.08% 3 | 0.08% | 0.08% | 0.09% 4 | 0.13% | 0.13% |
Net investment income (loss) | 2.06% 3 | 1.44% | 1.41% | 1.74% | 1.44% | 1.17% |
Portfolio turnover rate5 | 8% 2 | 9% | 13% | 22% | 12% | 11% |
Net assets, end of period (x 1,000) | $2,796,506 | $2,893,741 | $2,104,717 | $1,446,857 | $641,516 | $462,523 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
99.8% | Common Stock | 2,965,307,451 | 2,792,144,646 |
0.0% | Rights | 330,693 | 313,380 |
0.0% | Warrants | — | — |
3.7% | Other Investment Companies | 102,872,256 | 102,872,256 |
103.5% | Total Investments | 3,068,510,400 | 2,895,330,282 |
(3.5%) | Other Assets and Liabilities, Net | (98,824,778) | |
100.0% | Net Assets | 2,796,505,504 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Common Stock 99.8% of net assets | |||||
Automobiles & Components 1.2% | |||||
Gentex Corp. | 384,914 | 0.2 | 5,604,348 | ||
Other Securities | 1.0 | 28,359,156 | |||
1.2 | 33,963,504 | ||||
Banks 8.5% | |||||
Other Securities | 8.5 | 238,851,379 | |||
Capital Goods 8.8% | |||||
AECOM * | 206,102 | 0.2 | 5,659,561 | ||
Graco, Inc. | 76,408 | 0.2 | 5,984,275 | ||
Huntington Ingalls Industries, Inc. | 61,355 | 0.3 | 8,041,186 | ||
Lennox International, Inc. | 53,050 | 0.2 | 6,854,590 | ||
Orbital ATK, Inc. | 77,422 | 0.2 | 6,484,867 | ||
The Toro Co. | 72,446 | 0.2 | 5,773,946 | ||
Other Securities | 7.5 | 208,234,450 | |||
8.8 | 247,032,875 | ||||
Commercial & Professional Services 3.3% | |||||
KAR Auction Services, Inc. | 181,351 | 0.2 | 6,421,639 | ||
Other Securities | 3.1 | 84,416,122 | |||
3.3 | 90,837,761 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Consumer Durables & Apparel 2.6% | |||||
Other Securities | 2.6 | 71,192,977 | |||
Consumer Services 4.3% | |||||
Panera Bread Co., Class A * | 31,482 | 0.2 | 6,523,070 | ||
ServiceMaster Global Holdings, Inc. * | 177,538 | 0.2 | 6,734,016 | ||
Six Flags Entertainment Corp. | 112,701 | 0.2 | 5,731,973 | ||
Vail Resorts, Inc. | 47,921 | 0.2 | 6,105,615 | ||
Other Securities | 3.5 | 95,216,351 | |||
4.3 | 120,311,025 | ||||
Diversified Financials 2.4% | |||||
CBOE Holdings, Inc. | 109,037 | 0.2 | 6,814,813 | ||
MarketAxess Holdings, Inc. | 49,425 | 0.2 | 5,854,886 | ||
Other Securities | 2.0 | 54,235,680 | |||
2.4 | 66,905,379 | ||||
Energy 3.6% | |||||
Diamondback Energy, Inc. * | 96,589 | 0.2 | 6,881,966 | ||
Newfield Exploration Co. * | 209,421 | 0.2 | 5,702,534 | ||
Targa Resources Corp. | 218,315 | 0.2 | 5,868,307 | ||
Other Securities | 3.0 | 83,016,240 | |||
3.6 | 101,469,047 | ||||
Food & Staples Retailing 0.8% | |||||
Other Securities | 0.8 | 23,386,303 | |||
Food, Beverage & Tobacco 1.9% | |||||
Pinnacle Foods, Inc. | 144,364 | 0.2 | 6,235,081 | ||
Post Holdings, Inc. * | 80,336 | 0.2 | 5,580,139 | ||
TreeHouse Foods, Inc. * | 72,330 | 0.2 | 6,106,099 | ||
Other Securities | 1.3 | 35,001,063 | |||
1.9 | 52,922,382 | ||||
Health Care Equipment & Services 6.9% | |||||
Alere, Inc. * | 115,106 | 0.2 | 6,135,150 | ||
Align Technology, Inc. * | 95,642 | 0.2 | 6,315,241 | ||
athenahealth, Inc. * | 51,167 | 0.2 | 6,604,125 | ||
Health Net, Inc. * | 101,162 | 0.2 | 6,294,300 | ||
STERIS plc | 111,794 | 0.3 | 7,190,590 | ||
Teleflex, Inc. | 54,303 | 0.3 | 7,755,554 | ||
West Pharmaceutical Services, Inc. | 94,956 | 0.2 | 5,889,171 | ||
Other Securities | 5.3 | 146,820,470 | |||
6.9 | 193,004,601 | ||||
Household & Personal Products 0.6% | |||||
Other Securities | 0.6 | 15,356,887 | |||
Insurance 3.9% | |||||
Assurant, Inc. | 85,936 | 0.2 | 6,110,050 | ||
Old Republic International Corp. | 318,551 | 0.2 | 5,670,208 | ||
StanCorp Financial Group, Inc. | 57,499 | 0.2 | 6,606,635 | ||
White Mountains Insurance Group Ltd. | 7,407 | 0.2 | 5,680,132 | ||
Other Securities | 3.1 | 85,531,938 | |||
3.9 | 109,598,963 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Materials 5.0% | |||||
AptarGroup, Inc. | 82,790 | 0.2 | 6,102,451 | ||
Bemis Co., Inc. | 125,204 | 0.2 | 6,143,760 | ||
Sonoco Products Co. | 133,412 | 0.2 | 5,830,104 | ||
Steel Dynamics, Inc. | 316,748 | 0.2 | 5,761,646 | ||
Other Securities | 4.2 | 116,486,158 | |||
5.0 | 140,324,119 | ||||
Media 1.9% | |||||
Other Securities | 1.9 | 52,374,924 | |||
Pharmaceuticals, Biotechnology & Life Sciences 5.3% | |||||
Other Securities | 5.3 | 149,162,040 | |||
Real Estate 12.1% | |||||
CubeSmart | 225,183 | 0.2 | 6,732,972 | ||
Equity LifeStyle Properties, Inc. | 106,248 | 0.3 | 7,454,360 | ||
Highwoods Properties, Inc. | 127,903 | 0.2 | 5,570,176 | ||
Spirit Realty Capital, Inc. | 583,129 | 0.2 | 6,233,649 | ||
Starwood Property Trust, Inc. | 315,836 | 0.2 | 5,539,763 | ||
Other Securities | 11.0 | 305,874,308 | |||
12.1 | 337,405,228 | ||||
Retailing 4.0% | |||||
Burlington Stores, Inc. * | 100,331 | 0.2 | 5,624,556 | ||
Other Securities | 3.8 | 107,023,619 | |||
4.0 | 112,648,175 | ||||
Semiconductors & Semiconductor Equipment 3.0% | |||||
Other Securities | 3.0 | 84,726,183 | |||
Software & Services 8.2% | |||||
Genpact Ltd. * | 206,185 | 0.2 | 5,449,470 | ||
The Ultimate Software Group, Inc. * | 37,574 | 0.2 | 6,453,710 | ||
Other Securities | 7.8 | 218,211,471 | |||
8.2 | 230,114,651 | ||||
Technology Hardware & Equipment 5.4% | |||||
ARRIS International plc * | 235,068 | 0.2 | 5,615,775 | ||
Brocade Communications Systems, Inc. | 549,110 | 0.2 | 5,452,662 | ||
Ingram Micro, Inc., Class A | 208,144 | 0.3 | 7,451,555 | ||
Other Securities | 4.7 | 131,243,318 | |||
5.4 | 149,763,310 | ||||
Telecommunication Services 0.7% | |||||
Other Securities | 0.7 | 19,998,930 | |||
Transportation 1.5% | |||||
Other Securities | 1.5 | 42,314,920 | |||
Utilities 3.9% | |||||
Great Plains Energy, Inc. | 204,419 | 0.2 | 5,997,653 | ||
Piedmont Natural Gas Co., Inc. | 104,050 | 0.2 | 6,181,610 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Questar Corp. | 230,963 | 0.2 | 5,720,953 | ||
Other Securities | 3.3 | 90,578,867 | |||
3.9 | 108,479,083 | ||||
Total Common Stock | |||||
(Cost $2,965,307,451) | 2,792,144,646 | ||||
Rights 0.0% of net assets | |||||
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | |||||
Other Securities | 0.0 | 215,275 | |||
Telecommunication Services 0.0% | |||||
Other Securities | 0.0 | 98,105 | |||
Total Rights | |||||
(Cost $330,693) | 313,380 | ||||
Warrants 0.0% of net assets | |||||
Energy 0.0% | |||||
Other Securities | 0.0 | — | |||
Total Warrants | |||||
(Cost $—) | — | ||||
Other Investment Companies 3.7% of net assets | |||||
Money Market Fund 0.0% | |||||
Other Securities | 0.0 | 946,285 | |||
Securities Lending Collateral 3.7% | |||||
Wells Fargo Advantage Government Money Market Fund, Institutional Class 0.16% (d) | 3.7 | 101,925,971 | |||
Total Other Investment Companies | |||||
(Cost $102,872,256) | 102,872,256 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $98,949,102. |
(b) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
(c) | Illiquid security. At the period end, the value of these amounted to $313,380 or 0.0% of net assets. |
(d) | The rate shown is the 7-day yield. |
CVR — | Contingent Value Rights |
REIT — | Real Estate Investment Trust |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
Russell 2000 Index, e-mini, Long, expires 03/18/16 | 35 | 3,610,950 | 195,810 |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||
Common Stock1 | $2,739,222,264 | $— | $— | $2,739,222,264 | |||||
Food, Beverage & Tobacco | 51,574,156 | — | 1,348,226 | 52,922,382 | |||||
Rights 1 | — | — | 313,380 | 313,380 | |||||
Warrants 1 | — | — | — | — | |||||
Other Investment Companies1 | 102,872,256 | — | — | 102,872,256 | |||||
Total | $2,893,668,676 | $— | $1,661,606 | $2,895,330,282 | |||||
Other Financial Instruments | |||||||||
Futures Contracts2 | $195,810 | $— | $— | $195,810 |
1 | As categorized in the complete schedule of portfolio holdings. |
2 | Futures contracts are not included in Investments in the schedule of condensed portfolio holdings and are valued at unrealized appreciation or depreciation. |
Investments in Securities | Balance as of August 31, 2015 | Realized Gains (Losses) | Change in Unrealized Appreciation (Depreciation) | Gross Purchases | Gross Sales | Gross Transfers in | Gross Transfers out | Balance as of February 29, 2016 | ||||||||
Common Stock | $— | $21,499 | $223,875 | $239,847 | ($39,319) | $902,324 | $— | $1,348,226 | ||||||||
Rights | 115,419 | — | (17,313) | 215,274 | — | — | — | 313,380 | ||||||||
Total | $115,419 | $21,499 | $206,562 | $455,121 | ($39,319) | $902,324 | $— | $1,661,606 |
Assets | ||
Investments, at value (cost $2,966,584,429) including securities on loan of $98,949,102 | $2,793,404,311 | |
Collateral invested for securities on loan, at value (cost $101,925,971) | + | 101,925,971 |
Total investments, at value (cost $3,068,510,400) | 2,895,330,282 | |
Deposit with broker for futures contracts | 648,004 | |
Receivables: | ||
Investments sold | 156,454 | |
Dividends | 3,176,580 | |
Income from securities on loan | 343,178 | |
Interest | + | 859 |
Total assets | 2,899,655,357 | |
Liabilities | ||
Collateral held for securities on loan | 101,925,971 | |
Payables: | ||
Investments bought | 1,050,200 | |
Investment adviser fees | 42,402 | |
Variation margin on futures contracts | 13,300 | |
Accrued expenses | + | 117,980 |
Total liabilities | 103,149,853 | |
Net Assets | ||
Total assets | 2,899,655,357 | |
Total liabilities | – | 103,149,853 |
Net assets | $2,796,505,504 | |
Net Assets by Source | ||
Capital received from investors | 2,877,016,183 | |
Net investment income not yet distributed | 10,187,797 | |
Net realized capital gains | 82,285,832 | |
Net unrealized capital depreciation | (172,984,308) |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$2,796,505,504 | 57,950,000 | $48.26 | ||
Investment Income | ||
Dividends (net of foreign withholding tax of $5,459) | $29,084,374 | |
Interest | 3,079 | |
Securities on loan | + | 1,804,810 |
Total investment income | 30,892,263 | |
Expenses | ||
Investment adviser fees | 1,154,073 | |
Proxy fees | + | 118,750 |
Total expenses | – | 1,272,823 |
Net investment income | 29,619,440 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on investments | (41,441,597) | |
Net realized gains on in-kind redemptions | 145,111,568 | |
Net realized losses on futures contracts | + | (2,735,712) |
Net realized gains | 100,934,259 | |
Net change in unrealized appreciation (depreciation) on investments | (421,874,646) | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 112,115 |
Net change in unrealized appreciation (depreciation) | + | (421,762,531) |
Net realized and unrealized losses | (320,828,272) | |
Decrease in net assets resulting from operations | ($291,208,832) |
Operations | |||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||
Net investment income | $29,619,440 | $36,905,675 | |
Net realized gains | 100,934,259 | 70,342,722 | |
Net change in unrealized appreciation (depreciation) | + | (421,762,531) | (155,287,037) |
Decrease in net assets resulting from operations | (291,208,832) | (48,038,640) | |
Distributions to Shareholders | |||
Distributions from net investment income | ($23,838,090) | ($32,271,525) |
Transactions in Fund Shares | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 12,500,000 | $671,635,046 | 19,700,000 | $1,097,023,969 | |
Shares redeemed | + | (8,600,000) | (453,823,367) | (4,250,000) | (227,689,724) |
Net transactions in fund shares | 3,900,000 | $217,811,679 | 15,450,000 | $869,334,245 | |
Shares Outstanding and Net Assets | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 54,050,000 | $2,893,740,747 | 38,600,000 | $2,104,716,667 | |
Total increase or decrease | + | 3,900,000 | (97,235,243) | 15,450,000 | 789,024,080 |
End of period | 57,950,000 | $2,796,505,504 | 54,050,000 | $2,893,740,747 | |
Net investment income not yet distributed | $10,187,797 | $4,406,447 |
9/1/15– 2/29/16* | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 10/19/11 1– 8/31/12 | ||
Per-Share Data | ||||||
Net asset value at beginning of period | $36.52 | $38.90 | $33.00 | $28.58 | $25.00 | |
Income (loss) from investment operations: | ||||||
Net investment income (loss) | 0.60 2 | 1.19 2 | 1.04 | 0.91 | 0.62 | |
Net realized and unrealized gains (losses) | 1.45 | (2.46) | 5.86 | 4.40 | 3.43 | |
Total from investment operations | 2.05 | (1.27) | 6.90 | 5.31 | 4.05 | |
Less distributions: | ||||||
Distributions from net investment income | (0.57) | (1.11) | (1.00) | (0.89) | (0.47) | |
Net asset value at end of period | $38.00 | $36.52 | $38.90 | $33.00 | $28.58 | |
Total return | 5.66% 3 | (3.47%) | 21.15% | 18.93% | 16.31% 3 | |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.07% 4 | 0.07% | 0.07% | 0.07% | 0.17% 5 | |
Net investment income (loss) | 3.21% 4 | 3.03% | 3.01% | 3.09% | 3.19% 5 | |
Portfolio turnover rate6 | 4% 3 | 19% | 26% | 13% | 17% 3 | |
Net assets, end of period (x 1,000) | $3,020,676 | $2,497,808 | $2,075,331 | $1,141,690 | $504,464 | |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
99.6% | Common Stock | 3,064,422,662 | 3,009,047,535 |
0.1% | Other Investment Companies | 1,922,299 | 1,951,672 |
99.7% | Total Investments | 3,066,344,961 | 3,010,999,207 |
0.3% | Other Assets and Liabilities, Net | 9,676,498 | |
100.0% | Net Assets | 3,020,675,705 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Common Stock 99.6% of net assets | |||||
Banks 0.2% | |||||
Other Securities | 0.2 | 5,135,184 | |||
Capital Goods 11.9% | |||||
3M Co. | 455,675 | 2.4 | 71,481,737 | ||
Caterpillar, Inc. | 436,938 | 1.0 | 29,580,703 | ||
Eaton Corp. plc | 339,046 | 0.6 | 19,227,299 | ||
Emerson Electric Co. | 478,256 | 0.8 | 23,353,240 | ||
Lockheed Martin Corp. | 194,506 | 1.4 | 41,972,450 | ||
PACCAR, Inc. | 256,637 | 0.4 | 13,216,805 | ||
Raytheon Co. | 221,140 | 0.9 | 27,388,189 | ||
The Boeing Co. | 465,644 | 1.8 | 55,029,808 | ||
United Technologies Corp. | 602,337 | 1.9 | 58,197,801 | ||
Other Securities | 0.7 | 19,678,410 | |||
11.9 | 359,126,442 | ||||
Commercial & Professional Services 0.1% | |||||
Other Securities | 0.1 | 2,434,386 | |||
Consumer Durables & Apparel 0.8% | |||||
Other Securities | 0.8 | 24,167,636 | |||
Consumer Services 3.1% | |||||
McDonald's Corp. | 685,850 | 2.7 | 80,374,761 | ||
Other Securities | 0.4 | 13,506,916 | |||
3.1 | 93,881,677 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Diversified Financials 0.5% | |||||
T. Rowe Price Group, Inc. | 185,646 | 0.4 | 12,829,995 | ||
Other Securities | 0.1 | 3,808,602 | |||
0.5 | 16,638,597 | ||||
Energy 11.1% | |||||
Chevron Corp. | 1,369,996 | 3.8 | 114,312,466 | ||
ConocoPhillips | 893,952 | 1.0 | 30,242,396 | ||
Exxon Mobil Corp. | 1,825,331 | 4.8 | 146,300,280 | ||
Valero Energy Corp. | 362,797 | 0.7 | 21,796,844 | ||
Other Securities | 0.8 | 21,332,356 | |||
11.1 | 333,984,342 | ||||
Food & Staples Retailing 3.1% | |||||
Sysco Corp. | 380,562 | 0.6 | 16,794,201 | ||
Wal-Mart Stores, Inc. | 1,150,266 | 2.5 | 76,308,647 | ||
3.1 | 93,102,848 | ||||
Food, Beverage & Tobacco 13.2% | |||||
Altria Group, Inc. | 1,428,909 | 2.9 | 87,977,927 | ||
General Mills, Inc. | 433,753 | 0.8 | 25,526,364 | ||
Kellogg Co. | 184,301 | 0.5 | 13,641,960 | ||
PepsiCo, Inc. | 1,070,539 | 3.5 | 104,720,125 | ||
Reynolds American, Inc. | 604,627 | 1.0 | 30,491,340 | ||
The Coca-Cola Co. | 2,853,146 | 4.1 | 123,056,187 | ||
Other Securities | 0.4 | 11,944,664 | |||
13.2 | 397,358,567 | ||||
Health Care Equipment & Services 0.8% | |||||
Baxter International, Inc. | 395,136 | 0.5 | 15,611,823 | ||
Other Securities | 0.3 | 8,010,263 | |||
0.8 | 23,622,086 | ||||
Household & Personal Products 7.7% | |||||
Colgate-Palmolive Co. | 654,528 | 1.4 | 42,963,218 | ||
Kimberly-Clark Corp. | 265,389 | 1.2 | 34,580,187 | ||
The Clorox Co. | 93,301 | 0.4 | 11,795,112 | ||
The Procter & Gamble Co. | 1,777,889 | 4.7 | 142,746,708 | ||
7.7 | 232,085,225 | ||||
Insurance 1.1% | |||||
Aflac, Inc. | 312,485 | 0.6 | 18,599,107 | ||
Other Securities | 0.5 | 14,479,755 | |||
1.1 | 33,078,862 | ||||
Materials 3.2% | |||||
E.I. du Pont de Nemours & Co. | 658,132 | 1.3 | 40,060,495 | ||
International Paper Co. | 301,608 | 0.4 | 10,767,405 | ||
The Dow Chemical Co. | 842,361 | 1.4 | 40,947,168 | ||
Other Securities | 0.1 | 5,762,581 | |||
3.2 | 97,537,649 | ||||
Media 0.6% | |||||
Omnicom Group, Inc. | 177,288 | 0.5 | 13,794,779 | ||
Other Securities | 0.1 | 5,241,466 | |||
0.6 | 19,036,245 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Pharmaceuticals, Biotechnology & Life Sciences 10.6% | |||||
Eli Lilly & Co. | 710,619 | 1.7 | 51,164,568 | ||
Johnson & Johnson | 1,352,021 | 4.7 | 142,246,130 | ||
Pfizer, Inc. | 4,276,951 | 4.2 | 126,897,136 | ||
10.6 | 320,307,834 | ||||
Retailing 5.7% | |||||
Target Corp. | 456,649 | 1.2 | 35,824,114 | ||
The Home Depot, Inc. | 935,343 | 3.8 | 116,094,773 | ||
Other Securities | 0.7 | 21,200,050 | |||
5.7 | 173,118,937 | ||||
Semiconductors & Semiconductor Equipment 8.0% | |||||
Analog Devices, Inc. | 229,232 | 0.4 | 12,147,004 | ||
Intel Corp. | 3,463,604 | 3.4 | 102,488,042 | ||
QUALCOMM, Inc. | 1,144,724 | 1.9 | 58,140,532 | ||
Texas Instruments, Inc. | 747,073 | 1.3 | 39,609,810 | ||
Other Securities | 1.0 | 30,255,498 | |||
8.0 | 242,640,886 | ||||
Software & Services 10.1% | |||||
Accenture plc, Class A | 453,775 | 1.5 | 45,495,482 | ||
Automatic Data Processing, Inc. | 338,195 | 0.9 | 28,641,735 | ||
International Business Machines Corp. | 656,646 | 2.8 | 86,040,325 | ||
Microsoft Corp. | 2,511,983 | 4.2 | 127,809,695 | ||
Paychex, Inc. | 232,883 | 0.4 | 11,967,857 | ||
Other Securities | 0.3 | 6,652,257 | |||
10.1 | 306,607,351 | ||||
Technology Hardware & Equipment 0.2% | |||||
Other Securities | 0.2 | 7,011,267 | |||
Telecommunication Services 5.0% | |||||
Verizon Communications, Inc. | 2,962,006 | 5.0 | 150,262,564 | ||
Transportation 1.9% | |||||
United Parcel Service, Inc., Class B | 509,460 | 1.6 | 49,188,363 | ||
Other Securities | 0.3 | 7,176,289 | |||
1.9 | 56,364,652 |
Security | Number of Shares | % of Net Assets | Value ($) | ||
Utilities 0.7% | |||||
WEC Energy Group, Inc. | 229,828 | 0.4 | 12,950,808 | ||
Other Securities | 0.3 | 8,593,490 | |||
0.7 | 21,544,298 | ||||
Total Common Stock | |||||
(Cost $3,064,422,662) | 3,009,047,535 | ||||
Other Investment Companies 0.1% of net assets | |||||
Equity Fund 0.0% | |||||
Other Securities | 0.0 | 768,400 | |||
Money Market Fund 0.1% | |||||
Other Securities | 0.1 | 1,183,272 | |||
Total Other Investment Companies | |||||
(Cost $1,922,299) | 1,951,672 |
(a) | The rate shown is the 7-day yield. |
ETF — | Exchange-traded fund |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |||||
Common Stock1 | $3,009,047,535 | $— | $— | $3,009,047,535 | |||||
Other Investment Companies1 | 1,951,672 | — | — | 1,951,672 | |||||
Total | $3,010,999,207 | $— | $— | $3,010,999,207 |
1 | As categorized in the complete schedule of portfolio holdings. |
Assets | ||
Investments, at value (cost $3,066,344,961) | $3,010,999,207 | |
Receivables: | ||
Dividends | 13,498,948 | |
Fund shares sold | 7,639,307 | |
Interest | + | 154 |
Total assets | 3,032,137,616 | |
Liabilities | ||
Payables: | ||
Investments bought | 11,313,895 | |
Investment adviser fees | 40,567 | |
Accrued expenses | + | 107,449 |
Total liabilities | 11,461,911 | |
Net Assets | ||
Total assets | 3,032,137,616 | |
Total liabilities | – | 11,461,911 |
Net assets | $3,020,675,705 | |
Net Assets by Source | ||
Capital received from investors | 3,045,306,795 | |
Net investment income not yet distributed | 18,404,075 | |
Net realized capital gains | 12,310,589 | |
Net unrealized capital depreciation | (55,345,754) |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$3,020,675,705 | 79,500,001 | $38.00 | ||
Investment Income | ||
Dividends | $45,835,969 | |
Interest | + | 662 |
Total investment income | 45,836,631 | |
Expenses | ||
Investment adviser fees | 975,779 | |
Proxy fees | + | 108,100 |
Total expenses | – | 1,083,879 |
Net investment income | 44,752,752 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on investments | (8,736,177) | |
Net realized gains on in-kind redemptions | + | 45,843,320 |
Net realized gains | 37,107,143 | |
Net change in unrealized appreciation (depreciation) on investments | + | 50,882,928 |
Net realized and unrealized gains | 87,990,071 | |
Increase in net assets resulting from operations | $132,742,823 |
Operations | |||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||
Net investment income | $44,752,752 | $79,948,930 | |
Net realized gains | 37,107,143 | 218,576,988 | |
Net change in unrealized appreciation (depreciation) | + | 50,882,928 | (396,180,173) |
Increase (decrease) in net assets resulting from operations | 132,742,823 | (97,654,255) | |
Distributions to Shareholders | |||
Distributions from net investment income | ($42,308,731) | ($74,347,401) |
Transactions in Fund Shares | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 18,450,000 | $709,279,497 | 44,400,000 | $1,752,473,550 | |
Shares redeemed | + | (7,350,000) | (276,845,567) | (29,350,000) | (1,157,995,283) |
Net transactions in fund shares | 11,100,000 | $432,433,930 | 15,050,000 | $594,478,267 | |
Shares Outstanding and Net Assets | |||||
9/1/15-2/29/16 | 9/1/14-8/31/15 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 68,400,001 | $2,497,807,683 | 53,350,001 | $2,075,331,072 | |
Total increase | + | 11,100,000 | 522,868,022 | 15,050,000 | 422,476,611 |
End of period | 79,500,001 | $3,020,675,705 | 68,400,001 | $2,497,807,683 | |
Net investment income not yet distributed | $18,404,075 | $15,960,054 |
Schwab Strategic Trust (organized January 27, 2009) | Schwab Emerging Markets Equity ETF™ |
Schwab U.S. Broad Market ETF | Schwab U.S. TIPS ETF™ |
Schwab U.S. Large-Cap ETF | Schwab Short-Term U.S. Treasury ETF™ |
Schwab U.S. Large-Cap Growth ETF | Schwab Intermediate-Term U.S. Treasury ETF™ |
Schwab U.S. Large-Cap Value ETF | Schwab U.S. Aggregate Bond ETF™ |
Schwab U.S. Mid-Cap ETF | Schwab Fundamental U.S. Broad Market Index ETF |
Schwab U.S. Small-Cap ETF | Schwab Fundamental U.S. Large Company Index ETF |
Schwab U.S. Dividend Equity ETF | Schwab Fundamental U.S. Small Company Index ETF |
Schwab U.S. REIT ETF™ | Schwab Fundamental International Large Company Index ETF |
Schwab International Equity ETF™ | Schwab Fundamental International Small Company Index ETF |
Schwab International Small-Cap Equity ETF™ | Schwab Fundamental Emerging Markets Large Company Index ETF |
Schwab U.S. Broad Market ETF* | Schwab U.S. Large-Cap ETF** | Schwab U.S. Large-Cap Growth ETF* | Schwab U.S. Large-Cap Value ETF* | Schwab U.S. Mid-Cap ETF | Schwab U.S. Small-Cap ETF | Schwab U.S. Dividend Equity ETF | ||||||
0.03% | 0.03% | 0.06% | 0.06% | 0.07% | 0.08% | 0.07% |
* | Prior to November 17, 2015 the rate of the Schwab U.S. Broad Market ETF, the Schwab U.S. Large-Cap Growth ETF and the Schwab U.S. Large-Cap Value ETF was 0.04%, 0.07% and 0.07%, respectively. |
** | Prior to November 12, 2015, the rate was 0.04%. |
Fund | Balance of Shares Held at 08/31/15 | Gross Purchases | Gross Sales | Balance of Shares Held at 2/29/16 | Market Value at 2/29/16 | Realized Gains (Losses) 9/1/15 to 2/29/16 | Dividends Received 9/1/15 to 2/29/16 | |||||||
Schwab U.S. Broad Market ETF | 263,047 | 56,940 | (13,108) | 306,879 | $7,687,319 | $168,954 | $34,770 | |||||||
Schwab U.S. Large-Cap ETF | 266,524 | 83,065 | (17,390) | 332,199 | 8,321,585 | 95,227 | 36,618 | |||||||
Schwab U.S. Large-Cap Growth ETF | 273,886 | 64,378 | (14,510) | 323,754 | 8,110,038 | 190,867 | 37,833 |
Underlying Funds | ||||
Schwab U.S. Large-Cap ETF | Schwab U.S. Small-Cap ETF | |||
Schwab VIT Balanced Portfolio | 0.1% | 0.1% | ||
Schwab VIT Balanced with Growth Portfolio | 0.5% | 0.2% | ||
Schwab VIT Growth Portfolio | 0.7% | 0.3% |
Total Aggregate Transactions | Realized Gains (Losses) | ||
Schwab U.S. Broad Market ETF | $53,555,410 | ($15,232,627) | |
Schwab U.S. Large-Cap ETF | 68,920,596 | (13,544,429) | |
Schwab U.S. Large-Cap Growth ETF | 44,781,645 | (7,561,809) | |
Schwab U.S. Large-Cap Value ETF | 41,953,425 | (7,376,900) | |
Schwab U.S. Mid-Cap ETF | 72,732,764 | 22,709,596 | |
Schwab U.S. Small-Cap ETF | 95,267,765 | (5,559,999) | |
Schwab U.S. Dividend Equity ETF | 44,378,635 | (1,725,925) |
Contract Values | Number of Contracts | ||
Schwab U.S. Broad Market ETF | $11,227,117 | 112 | |
Schwab U.S. Large-Cap ETF | 9,976,358 | 100 | |
Schwab U.S. Large-Cap Growth ETF | 3,684,550 | 38 | |
Schwab U.S. Large-Cap Value ETF | 3,299,558 | 33 | |
Schwab U.S. Mid-Cap ETF | 5,964,000* | 60* | |
Schwab U.S. Small-Cap ETF | 7,044,087 | 62 |
* | During the period, the fund did not hold futures contracts at any month-end. The average value and number of contracts were calculated by aggregating the highest daily values held each month during the period. |
Purchases of Securities | Sales/Maturities of Securities | ||
Schwab U.S. Broad Market ETF | $242,736,461 | $189,810,675 | |
Schwab U.S. Large-Cap ETF | 184,001,069 | 147,236,909 | |
Schwab U.S. Large-Cap Growth ETF | 166,301,408 | 143,553,887 | |
Schwab U.S. Large-Cap Value ETF | 92,627,726 | 88,393,045 | |
Schwab U.S. Mid-Cap ETF | 389,045,129 | 338,623,984 | |
Schwab U.S. Small-Cap ETF | 326,556,883 | 239,656,899 | |
Schwab U.S. Dividend Equity ETF | 111,935,553 | 108,039,961 |
In-Kind Purchases of Securities | In-Kind Sales of Securities | ||
Schwab U.S. Broad Market ETF | $900,470,779 | $232,439,410 | |
Schwab U.S. Large-Cap ETF | 1,078,023,621 | 153,165,968 | |
Schwab U.S. Large-Cap Growth ETF | 466,790,687 | 171,530,424 | |
Schwab U.S. Large-Cap Value ETF | 447,083,631 | 93,228,183 | |
Schwab U.S. Mid-Cap ETF | 468,930,717 | 312,250,328 | |
Schwab U.S. Small-Cap ETF | 602,774,113 | 417,332,864 | |
Schwab U.S. Dividend Equity ETF | 701,356,368 | 271,875,588 |
Expiration Date | Schwab U.S. Broad Market ETF | Schwab U.S. Large-Cap ETF | Schwab U.S. Large-Cap Growth ETF | Schwab U.S. Large-Cap Value ETF | Schwab U.S. Mid-Cap ETF | Schwab U.S. Small-Cap ETF | Schwab U.S. Dividend Equity ETF | |||||||
August 31, 2019 | $— | $721,062 | $631,601 | $295,384 | $218,695 | $927,631 | $— | |||||||
No expiration* | 1,198,145 | 4,766,408 | — | 2,559,875 | 500,581 | 16,683,955 | 24,663,497 | |||||||
Total | $1,198,145 | $5,487,470 | $631,601 | $2,855,259 | $719,276 | $17,611,586 | $24,663,497 |
* | As a result of the passage of the Regulated Investment Company Modernization Act of 2010, capital losses incurred after December 31, 2010 may now be carried forward indefinitely, but must retain the character of the original loss. |
Schwab U.S. Broad Market ETF | Schwab U.S. Large-Cap ETF | Schwab U.S. Large-Cap Growth ETF | Schwab U.S. Large-Cap Value ETF | Schwab U.S. Mid-Cap ETF | Schwab U.S. Small-Cap ETF | Schwab U.S. Dividend Equity ETF | |||||||
Capital loss carryforwards utilized | $3,662,223 | $— | $7,653,867 | $— | $6,694,975 | $— | $— |
The Investment Company Act of 1940 (the “1940 Act”) requires that initial approval of, as well as the continuation of, a fund’s investment advisory agreement must be specifically approved (1) by the vote of the trustees or by a vote of the shareholders of the fund, and (2) by the vote of a majority of the trustees who are not parties to the investment advisory agreement or “interested persons” of any party (the “Independent Trustees”), cast in person at a meeting called for the purpose of voting on such approval. In connection with such approvals, the fund’s trustees must request and evaluate, and the investment adviser is required to furnish, such information as may be reasonably necessary to evaluate the terms of the investment advisory agreement.
2. | each Fund’s investment performance and how it compared to that of certain other comparable exchange-traded funds; |
3. | each Fund’s expenses and how those expenses compared to those of certain other comparable exchange-traded funds; |
4. | the profitability of CSIM and its affiliates, including Charles Schwab & Co., Inc. (“Schwab”), with respect to the Funds, including both direct and indirect benefits accruing to CSIM and its affiliates; and |
Proposal – To elect each of the following individuals as trustees of the Trust: | For | Withheld | ||
Walter W. Bettinger II | 692,669,185.464 | 115,543,246.417 | ||
Marie A. Chandoha | 792,077,989.887 | 16,134,441.994 | ||
Joseph R. Martinetto | 791,795,082.163 | 16,417,349.718 | ||
Robert W. Burns | 792,580,288.687 | 15,632,143.194 | ||
John F. Cogan | 760,202,566.290 | 48,009,865.591 | ||
Stephen T. Kochis | 791,955,734.563 | 16,256,697.318 | ||
David L. Mahoney | 790,582,269.572 | 17,630,162.309 | ||
Kiran M. Patel | 791,333,584.438 | 16,878,847.443 | ||
Kimberly S. Patmore | 792,462,618.902 | 15,749,812.979 | ||
Charles A. Ruffel | 792,425,735.968 | 15,786,695.913 | ||
Gerald B. Smith | 791,728,903.579 | 16,483,528.302 | ||
Joseph H. Wender | 790,699,630.035 | 17,512,801.846 |
Independent Trustees | |||
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served1) | Principal Occupations During the Past Five Years | Number of Portfolios in Fund Complex Overseen by the Trustee | Other Directorships |
Robert W. Burns 1959 Trustee (Trustee of Schwab Strategic Trust since 2009; The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2016) | Retired/Private Investor (Jan. 2009 – present). Formerly, Managing Director, Pacific Investment Management Company, LLC (PIMCO) and President, PIMCO Funds. | 96 | Director, PS Business Parks, Inc. (2005 – 2012). |
John F. Cogan 1947 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2008; Laudus Trust and Laudus Institutional Trust since 2010; Schwab Strategic Trust since 2016) | Senior Fellow, The Hoover Institution at Stanford University (Oct. 1979 – present); Senior Fellow, Stanford Institute for Economic Policy Research (2000 – present); Professor of Public Policy, Stanford University (1994 – 2015). | 96 | Director, Gilead Sciences, Inc. (2005 – present) |
Stephen Timothy Kochis 1946 Trustee (Trustee of Schwab Strategic Trust since 2012; The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2016) | CEO and Owner, Kochis Global (wealth management consulting) (May 2012 – present); Chairman and CEO, Aspiriant, LLC (wealth management) (Jan. 2008 – Apr. 2012). | 96 | None |
David L. Mahoney 1954 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Laudus Trust and Laudus Institutional Trust since 2011; Schwab Strategic Trust since 2016) | Private Investor. | 96 | Director, Symantec Corporation (2003 – present) Director, Corcept Therapeutics Incorporated (2004 – present) Director, Adamas Pharmaceuticals, Inc. (2009 – present) |
Kiran M. Patel 1948 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Laudus Trust and Laudus Institutional Trust since 2011; Schwab Strategic Trust since 2016) | Retired. Executive Vice President and General Manager of Small Business Group, Intuit, Inc. (financial software and services firm for consumers and small businesses) (Dec. 2008 – Sept. 2013). | 96 | Director, KLA-Tencor Corporation (2008 – present) |
Independent Trustees (continued) | |||
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served1) | Principal Occupations During the Past Five Years | Number of Portfolios in Fund Complex Overseen by the Trustee | Other Directorships |
Kimberly S. Patmore 1956 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust, and Laudus Trust since 2016) | Consultant, Patmore Management Consulting (management consulting) (2008 – present). | 96 | None |
Charles A. Ruffel 1956 Trustee (Trustee of Schwab Strategic Trust since 2009; The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Laudus Trust and Laudus Institutional Trust since 2015) | Co-Chief Executive Officer, Kudu Investment Management, LLC (financial services) (Jan. 2015 – present); Partner, Kudu Advisors, LLC (financial services) (June 2008 – Jan. 2015); Advisor, Asset International, Inc. (publisher of financial services information) (Aug. 2008 – Jan. 2015). | 96 | None |
Gerald B. Smith 1950 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2000; Laudus Trust and Laudus Institutional Trust since 2010; Schwab Strategic Trust since 2016) | Chairman, Chief Executive Officer and Founder of Smith Graham & Co. (investment advisors) (Mar. 1990 – present). | 96 | Director, Eaton (2012 – present) Director and Chairman of the Audit Committee, Oneok Partners LP (2003 – 2013) Director, Oneok, Inc. (2009 – 2013) Lead Independent Director, Board of Cooper Industries (2002 – 2012) |
Joseph H. Wender 1944 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2008; Laudus Trust and Laudus Institutional Trust since 2010; Schwab Strategic Trust since 2016) | Senior Consultant, Goldman Sachs & Co., Inc. (investment banking and securities firm) (Jan. 2008 – present); Partner, Colgin Partners, LLC (vineyards) (Feb. 1998 – present). | 96 | Board Member and Chairman of the Audit Committee, Isis Pharmaceuticals (1994 – present) Lead Independent Director and Chair of Audit Committee, OUTFRONT Media Inc. (2014 – present) |
Interested Trustees | |||
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served1) | Principal Occupations During the Past Five Years | Number of Portfolios in Fund Complex Overseen by the Trustee | Other Directorships |
Walter W. Bettinger II2 1960 Chairman and Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2008; Schwab Strategic Trust since 2009; Laudus Trust and Laudus Institutional Trust since 2010) | Director, President and Chief Executive Officer, The Charles Schwab Corporation (Oct. 2008 – present); President and Chief Executive Officer (Oct. 2008 – present), Director (May 2008 – present), Charles Schwab & Co., Inc.; Director, Charles Schwab Bank (Apr. 2006 – present); and Director, Schwab Holdings, Inc. (May 2008 – present). | 96 | Director, The Charles Schwab Corporation (2008 – present) |
Interested Trustees (continued) | |||
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served1) | Principal Occupations During the Past Five Years | Number of Portfolios in Fund Complex Overseen by the Trustee | Other Directorships |
Marie A. Chandoha2 1961 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust, and Laudus Trust since 2016) | Director, President and Chief Executive Officer (Dec. 2010 – present), Chief Investment Officer (Sept. 2010 – Oct. 2011), Charles Schwab Investment Management, Inc.; Trustee (Jan. 2016 – present), President, Chief Executive Officer (Dec. 2010 – present), and Chief Investment Officer (Sept. 2010 – Oct. 2011), Schwab Funds, Laudus Funds and Schwab ETFs; Director, Charles Schwab Worldwide Funds plc and Charles Schwab Asset Management (Ireland) Limited (Jan. 2011 – present); Global Head of Fixed Income Business Division, BlackRock, Inc. (formerly Barclays Global Investors) (Mar. 2007 – Aug. 2010). | 96 | None |
Joseph R. Martinetto2 1962 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust, and Laudus Trust since 2016) | Senior Executive Vice President and Chief Financial Officer, The Charles Schwab Corporation and Charles Schwab & Co., Inc. (July 2015 – present); Executive Vice President and Chief Financial Officer of The Charles Schwab Corporation and Charles Schwab & Co., Inc. (May 2007 – July 2015); Director, Charles Schwab & Co., Inc. (May 2007 – present); Director (Apr. 2010 – present) and Chief Executive Officer (July 2013 – Apr. 2015), Charles Schwab Bank; Director, Executive Vice President and Chief Financial Officer, Schwab Holdings, Inc. (May 2007 – present). | 96 | None |
Officers of the Trust | |
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served3) | Principal Occupations During the Past Five Years |
Marie A. Chandoha 1961 President and Chief Executive Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust, Laudus Trust and Laudus Institutional Trust since 2010) | Director, President and Chief Executive Officer (Dec. 2010 – present), Chief Investment Officer (Sept. 2010 – Oct. 2011), Charles Schwab Investment Management, Inc.; Trustee (Jan. 2016 – present), President, Chief Executive Officer (Dec. 2010 – present), and Chief Investment Officer (Sept. 2010 – Oct. 2011), Schwab Funds, Laudus Funds and Schwab ETFs; Director, Charles Schwab Worldwide Funds plc and Charles Schwab Asset Management (Ireland) Limited (Jan. 2011 – present); Global Head of Fixed Income Business Division, BlackRock, Inc. (formerly Barclays Global Investors) (Mar. 2007 – Aug. 2010). |
Mark Fischer 1970 Treasurer and Chief Financial Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust, Laudus Trust and Laudus Institutional Trust since 2013) | Treasurer and Chief Financial Officer, Schwab Funds, Laudus Funds and Schwab ETFs (Jan. 2016 – present); Assistant Treasurer, Schwab Funds and Laudus Funds (Dec. 2013 – Dec. 2015), Schwab ETFs (Nov. 2013 – Dec. 2015); Vice President, Charles Schwab Investment Management, Inc. (Oct. 2013 – present); Executive Director, J.P. Morgan Investor Services (Apr. 2011 – Sept. 2013); Assistant Treasurer, Massachusetts Financial Service Investment Management (May 2005 – Mar. 2011). |
Officers of the Trust (continued) | |
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served3) | Principal Occupations During the Past Five Years |
George Pereira 1964 Senior Vice President and Chief Operating Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2004; Laudus Trust and Laudus Institutional Trust since 2006; Schwab Strategic Trust since 2009) | Senior Vice President and Chief Financial Officer (Nov. 2004 – present), Chief Operating Officer (Jan. 2011 – present), Charles Schwab Investment Management, Inc.; Senior Vice President and Chief Operating Officer (Jan. 2016 – present), Treasurer and Chief Financial Officer, Laudus Funds (June 2006 – Dec. 2015); Treasurer and Principal Financial Officer, Schwab Funds (Nov. 2004 – Dec. 2015) and Schwab ETFs (Oct. 2009 – Dec. 2015); Director, Charles Schwab Worldwide Funds plc and Charles Schwab Asset Management (Ireland) Limited (Apr. 2005 – present). |
Omar Aguilar 1970 Senior Vice President and Chief Investment Officer – Equities (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust, Laudus Trust and Laudus Institutional Trust since 2011) | Senior Vice President and Chief Investment Officer – Equities, Charles Schwab Investment Management, Inc. (Apr. 2011 – present); Senior Vice President and Chief Investment Officer – Equities, Schwab Funds, Laudus Funds and Schwab ETFs (June 2011 – present); Head of the Portfolio Management Group and Vice President of Portfolio Management, Financial Engines, Inc. (May 2009 – Apr. 2011); Head of Quantitative Equity, ING Investment Management (July 2004 – Jan. 2009). |
Brett Wander 1961 Senior Vice President and Chief Investment Officer – Fixed Income (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust, Laudus Trust and Laudus Institutional Trust since 2011) | Senior Vice President and Chief Investment Officer – Fixed Income, Charles Schwab Investment Management, Inc. (Apr. 2011 – present); Senior Vice President and Chief Investment Officer – Fixed Income, Schwab Funds, Laudus Funds and Schwab ETFs (June 2011 – present); Senior Managing Director, Global Head of Active Fixed-Income Strategies, State Street Global Advisors (Jan. 2008 – Oct. 2010); Director of Alpha Strategies Loomis, Sayles & Company (Apr. 2006 – Jan. 2008). |
David Lekich 1964 Chief Legal Officer and Secretary, Schwab Funds and Schwab ETFs Vice President and Assistant Clerk, Laudus Funds (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust, Laudus Trust and Laudus Institutional Trust since 2011) | Senior Vice President (Sept. 2011 – present), Vice President (Mar. 2004 – Sept. 2011), Charles Schwab & Co., Inc.; Senior Vice President and Chief Counsel (Sept. 2011 – present), Vice President (Jan. 2011 – Sept. 2011), Charles Schwab Investment Management, Inc.; Secretary (Apr. 2011 – present) and Chief Legal Officer (Dec. 2011 – present), Schwab Funds; Vice President and Assistant Clerk, Laudus Funds (Apr. 2011 – present); Secretary (May 2011 – present) and Chief Legal Officer (Nov. 2011 – present), Schwab ETFs. |
Catherine MacGregor 1964 Vice President and Assistant Secretary, Schwab Funds and Schwab ETFs Chief Legal Officer, Vice President and Clerk, Laudus Funds (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Laudus Trust and Laudus Institutional Trust since 2005; Schwab Strategic Trust since 2009) | Vice President, Charles Schwab & Co., Inc., Charles Schwab Investment Management, Inc. (July 2005 – present); Vice President (Dec. 2005 – present), Chief Legal Officer and Clerk (Mar. 2007 – present), Laudus Funds; Vice President (Nov. 2005 – present) and Assistant Secretary (June 2007 – present), Schwab Funds; Vice President and Assistant Secretary, Schwab ETFs (Oct. 2009 – present). |
1 | Each Trustee shall hold office until the election and qualification of his or her successor, or until he or she dies, resigns or is removed. The retirement policy requires that each independent trustee retire by December 31 of the year in which the Trustee turns 74 or the Trustee’s twentieth year of service as an independent trustee on any trust in the Fund Complex, whichever occurs first. |
2 | Mr. Bettinger, Ms. Chandoha, and Mr. Martinetto are Interested Trustees because they own stock of The Charles Schwab Corporation, the parent company of the investment adviser. |
3 | The President, Treasurer and Secretary/Clerk hold office until their respective successors are chosen and qualified or until he or she sooner dies, resigns, is removed or becomes disqualified. Each of the other officers serves at the pleasure of the Board. |
Schwab U.S. Large-Cap ETF™
Schwab U.S. Large-Cap Growth ETF™
Schwab U.S. Large-Cap Value ETF™
Schwab U.S. Mid-Cap ETF™
Schwab U.S. Small-Cap ETF™
Schwab U.S. Dividend Equity ETF™
Schwab U.S. REIT ETF™
Schwab International Small-Cap Equity ETF™
Schwab Emerging Markets Equity ETF™
Schwab Short-Term U.S. Treasury ETF™
Schwab Intermediate-Term U.S. Treasury ETF™
Schwab U.S. TIPS ETF™
Schwab Fundamental U.S. Large Company Index ETF
Schwab Fundamental U.S. Small Company Index ETF
Schwab Fundamental International Large Company Index ETF
Schwab Fundamental International Small Company Index ETF
Schwab Fundamental Emerging Markets Large Company Index ETF
* | FUNDAMENTAL INDEX is a registered trademark of Research Affiliates LLC. |
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211 Main Street, San Francisco, CA 94105
© 2016 Charles Schwab Investment Management, Inc. All rights reserved.
Printed on recycled paper.
00162645
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Table of Contents
Item 2: Code of Ethics.
Not applicable to this semi-annual report.
Item 3: Audit Committee Financial Expert.
Not applicable to this semi-annual report.
Item 4: Principal Accountant Fees and Services.
Not applicable to this semi-annual report.
Item 5: Audit Committee of Listed Registrants.
Not applicable to this semi-annual report.
Item 6: Schedule of Investments.
The condensed schedules of investments are included as part of the report to shareholders filed under Item 1 of this Form. The complete schedules of investments for the Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Market Equity ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S. Small-Cap ETF, and Schwab U.S. Dividend Equity ETF are filed under this Item.
Table of Contents
Holdings by Category | Cost ($) | Value ($) | |
98.7% | Common Stock | 5,054,199,633 | 4,526,256,713 |
0.6% | Preferred Stock | 32,456,334 | 25,611,428 |
0.0% | Rights | 12,699 | 13,140 |
0.6% | Other Investment Companies | 27,266,617 | 27,266,617 |
99.9% | Total Investments | 5,113,935,283 | 4,579,147,898 |
0.1% | Other Assets and Liabilities, Net | 4,870,401 | |
100.0% | Net Assets | 4,584,018,299 |
Security | Number of Shares | Value ($) |
Common Stock 98.7% of net assets | ||
Australia 6.0% | ||
Banks 1.9% | ||
Australia & New Zealand Banking Group Ltd. | 1,031,456 | 16,502,471 |
Bank of Queensland Ltd. | 110,388 | 831,811 |
Bendigo & Adelaide Bank Ltd. | 169,858 | 1,038,508 |
Commonwealth Bank of Australia | 600,562 | 30,086,652 |
National Australia Bank Ltd. | 907,516 | 15,679,796 |
Westpac Banking Corp. | 1,188,412 | 24,403,669 |
88,542,907 | ||
Capital Goods 0.0% | ||
CIMIC Group Ltd. | 28,912 | 651,727 |
Commercial & Professional Services 0.2% | ||
Brambles Ltd. | 527,922 | 4,709,583 |
Downer EDI Ltd. | 251,173 | 597,403 |
Recall Holdings Ltd. | 132,055 | 648,924 |
SEEK Ltd. | 102,999 | 1,141,760 |
7,097,670 | ||
Consumer Services 0.1% | ||
Aristocrat Leisure Ltd. | 159,798 | 1,141,357 |
Crown Resorts Ltd. | 128,692 | 1,068,090 |
Flight Centre Travel Group Ltd. (a) | 25,298 | 748,061 |
Tabcorp Holdings Ltd. | 154,534 | 474,617 |
Tatts Group Ltd. | 489,697 | 1,360,590 |
The Star Entertainment Grp Ltd. | 292,734 | 1,091,425 |
5,884,140 | ||
Diversified Financials 0.2% | ||
ASX Ltd. | 88,898 | 2,668,712 |
Challenger Ltd. | 169,858 | 912,334 |
Security | Number of Shares | Value ($) |
IOOF Holdings Ltd. (a) | 153,595 | 916,039 |
Macquarie Group Ltd. | 104,071 | 4,776,620 |
9,273,705 | ||
Energy 0.3% | ||
Caltex Australia Ltd. | 84,260 | 2,199,076 |
Oil Search Ltd. | 413,843 | 1,974,524 |
Origin Energy Ltd. | 647,341 | 2,048,269 |
Santos Ltd. | 282,586 | 668,081 |
Woodside Petroleum Ltd. | 220,454 | 3,991,592 |
10,881,542 | ||
Food & Staples Retailing 0.4% | ||
Wesfarmers Ltd. | 403,100 | 11,254,565 |
Woolworths Ltd. | 435,679 | 7,126,107 |
18,380,672 | ||
Food, Beverage & Tobacco 0.1% | ||
Coca-Cola Amatil Ltd. | 216,840 | 1,318,011 |
Treasury Wine Estates Ltd. | 168,153 | 1,158,997 |
2,477,008 | ||
Health Care Equipment & Services 0.1% | ||
Ansell Ltd. | 36,140 | 443,983 |
Cochlear Ltd. | 12,649 | 925,951 |
Ramsay Health Care Ltd. | 54,210 | 2,564,779 |
Sonic Healthcare Ltd. | 171,665 | 2,253,604 |
6,188,317 | ||
Insurance 0.4% | ||
AMP Ltd. | 1,030,035 | 3,913,937 |
Insurance Australia Group Ltd. | 928,798 | 3,429,747 |
Medibank Pvt Ltd. | 1,120,955 | 2,017,618 |
QBE Insurance Group Ltd. | 475,504 | 3,589,876 |
Suncorp Group Ltd. | 459,119 | 3,672,768 |
16,623,946 | ||
Materials 0.8% | ||
Adelaide Brighton Ltd. | 204,191 | 721,925 |
Alumina Ltd. | 711,958 | 683,954 |
Amcor Ltd. | 416,791 | 4,170,679 |
BHP Billiton Ltd. | 1,108,955 | 12,332,547 |
BlueScope Steel Ltd. | 218,647 | 857,366 |
Boral Ltd. | 269,318 | 1,123,385 |
CSR Ltd. | 259,120 | 547,826 |
DuluxGroup Ltd. | 124,683 | 581,528 |
Fortescue Metals Group Ltd. (a) | 675,818 | 984,714 |
Iluka Resources Ltd. | 218,647 | 1,051,015 |
Incitec Pivot Ltd. | 701,116 | 1,457,247 |
James Hardie Industries plc CDI | 137,866 | 1,763,612 |
Newcrest Mining Ltd. * | 249,366 | 3,116,919 |
Orica Ltd. | 124,683 | 1,269,031 |
Orora Ltd. | 645,582 | 1,051,324 |
OZ Minerals Ltd. | 182,507 | 656,992 |
Rio Tinto Ltd. | 145,571 | 4,188,076 |
Sims Metal Management Ltd. | 68,666 | 329,580 |
South32 Ltd. * | 1,619,134 | 1,445,583 |
38,333,303 | ||
Media 0.0% | ||
Fairfax Media Ltd. | 1,019,411 | 560,648 |
REA Group Ltd. | 12,649 | 469,345 |
1,029,993 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.3% | ||
CSL Ltd. | 163,902 | 12,025,123 |
Security | Number of Shares | Value ($) |
Real Estate 0.6% | ||
Dexus Property Group | 411,251 | 2,211,832 |
Goodman Group | 407,669 | 1,889,743 |
LendLease Group | 254,828 | 2,371,602 |
Mirvac Group | 1,169,129 | 1,528,142 |
Scentre Group | 1,747,793 | 5,455,338 |
Stockland | 1,057,095 | 3,148,476 |
The GPT Group | 768,047 | 2,699,002 |
Vicinity Centres | 882,526 | 1,960,370 |
Westfield Corp. | 730,028 | 5,214,225 |
26,478,730 | ||
Retailing 0.0% | ||
Harvey Norman Holdings Ltd. | 243,945 | 832,856 |
Software & Services 0.0% | ||
Computershare Ltd. | 197,312 | 1,282,464 |
Telecommunication Services 0.1% | ||
Telstra Corp., Ltd. | 1,498,003 | 5,617,230 |
TPG Telecom Ltd. | 65,052 | 487,866 |
6,105,096 | ||
Transportation 0.3% | ||
Asciano Ltd. | 257,874 | 1,633,734 |
Aurizon Holdings Ltd. | 650,904 | 1,892,176 |
Macquarie Atlas Roads Group | 336,102 | 1,133,087 |
Qantas Airways Ltd. * | 599,491 | 1,652,800 |
Sydney Airport | 334,810 | 1,542,440 |
Transurban Group | 811,790 | 6,580,969 |
14,435,206 | ||
Utilities 0.2% | ||
AGL Energy Ltd. | 318,354 | 4,170,229 |
APA Group | 319,185 | 1,987,967 |
AusNet Services | 415,610 | 434,885 |
6,593,081 | ||
273,117,486 | ||
Austria 0.2% | ||
Banks 0.1% | ||
Erste Group Bank AG * | 105,186 | 2,711,527 |
Capital Goods 0.0% | ||
ANDRITZ AG | 26,178 | 1,255,363 |
Energy 0.1% | ||
OMV AG | 65,052 | 1,709,097 |
Insurance 0.0% | ||
Vienna Insurance Group AG Wiener Versicherung Gruppe | 16,263 | 378,327 |
Materials 0.0% | ||
voestalpine AG | 54,521 | 1,581,703 |
7,636,017 | ||
Belgium 1.2% | ||
Banks 0.1% | ||
KBC Groep N.V. | 94,989 | 5,046,985 |
Diversified Financials 0.1% | ||
Groupe Bruxelles Lambert S.A. | 32,526 | 2,488,723 |
Security | Number of Shares | Value ($) |
Food & Staples Retailing 0.1% | ||
Colruyt S.A. | 36,140 | 1,942,191 |
Delhaize Group | 33,088 | 3,360,053 |
5,302,244 | ||
Food, Beverage & Tobacco 0.6% | ||
Anheuser-Busch InBev N.V. | 278,521 | 31,352,164 |
Insurance 0.1% | ||
Ageas | 72,434 | 2,676,302 |
Materials 0.1% | ||
Solvay S.A. | 20,747 | 1,927,172 |
Umicore S.A. | 39,754 | 1,801,867 |
3,729,039 | ||
Media 0.0% | ||
Telenet Group Holding N.V. * | 16,391 | 861,898 |
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
UCB S.A. | 52,403 | 3,898,009 |
Telecommunication Services 0.0% | ||
Proximus | 60,469 | 1,910,303 |
57,265,667 | ||
Canada 6.9% | ||
Automobiles & Components 0.1% | ||
Magna International, Inc. | 152,524 | 5,911,346 |
Banks 2.0% | ||
Bank of Montreal | 220,454 | 12,148,893 |
Canadian Imperial Bank of Commerce | 145,527 | 9,663,483 |
National Bank of Canada | 112,594 | 3,063,794 |
Royal Bank of Canada | 512,652 | 26,139,726 |
The Bank of Nova Scotia | 423,030 | 17,101,080 |
The Toronto-Dominion Bank | 651,300 | 25,208,666 |
93,325,642 | ||
Capital Goods 0.1% | ||
Bombardier, Inc., B Shares * | 600,608 | 469,987 |
Finning International, Inc. | 90,500 | 1,251,340 |
SNC-Lavalin Group, Inc. | 51,593 | 1,617,566 |
3,338,893 | ||
Consumer Services 0.1% | ||
Restaurant Brands International, Inc. | 65,475 | 2,294,960 |
Diversified Financials 0.1% | ||
CI Financial Corp. | 72,280 | 1,599,167 |
IGM Financial, Inc. | 50,604 | 1,341,495 |
2,940,662 | ||
Energy 1.3% | ||
ARC Resources Ltd. | 122,332 | 1,621,039 |
Cameco Corp. | 174,455 | 2,109,533 |
Canadian Natural Resources Ltd. | 390,388 | 8,150,135 |
Canadian Oil Sands Ltd. | 125,761 | 859,698 |
Cenovus Energy, Inc. | 336,537 | 3,845,853 |
Crescent Point Energy Corp. | 184,110 | 2,241,233 |
Enbridge, Inc. | 302,470 | 10,671,077 |
Encana Corp. | 312,020 | 1,347,495 |
Husky Energy, Inc. | 122,164 | 1,330,222 |
Imperial Oil Ltd. | 90,135 | 2,873,860 |
Inter Pipeline Ltd. | 110,434 | 2,023,455 |
Pembina Pipeline Corp. | 94,416 | 2,350,990 |
Security | Number of Shares | Value ($) |
Suncor Energy, Inc. | 502,699 | 12,276,158 |
Tourmaline Oil Corp. * | 67,922 | 1,251,036 |
TransCanada Corp. | 247,661 | 9,077,491 |
62,029,275 | ||
Food & Staples Retailing 0.3% | ||
Alimentation Couche-Tard, Inc., B Shares | 123,694 | 5,590,246 |
George Weston Ltd. | 14,544 | 1,182,653 |
Loblaw Cos. Ltd. | 80,332 | 4,075,903 |
Metro, Inc. | 92,382 | 2,948,913 |
13,797,715 | ||
Food, Beverage & Tobacco 0.1% | ||
Saputo, Inc. | 112,316 | 3,266,832 |
Insurance 0.6% | ||
Fairfax Financial Holdings Ltd. | 6,030 | 3,184,112 |
Great-West Lifeco, Inc. | 117,779 | 3,043,160 |
Intact Financial Corp. | 38,155 | 2,373,069 |
Manulife Financial Corp. | 645,131 | 8,624,924 |
Power Corp. of Canada | 124,711 | 2,706,706 |
Power Financial Corp. | 71,631 | 1,667,301 |
Sun Life Financial, Inc. | 229,040 | 6,820,813 |
28,420,085 | ||
Materials 0.6% | ||
Agnico Eagle Mines Ltd. | 82,186 | 2,888,584 |
Agrium, Inc. | 51,256 | 4,408,561 |
Barrick Gold Corp. | 374,442 | 5,196,744 |
Franco-Nevada Corp. | 54,338 | 3,239,180 |
Goldcorp, Inc. | 287,906 | 4,131,768 |
Potash Corp. of Saskatchewan, Inc. | 287,551 | 4,867,521 |
Silver Wheaton Corp. | 142,188 | 2,239,991 |
Turquoise Hill Resources Ltd. * | 236,717 | 522,504 |
27,494,853 | ||
Media 0.2% | ||
Shaw Communications, Inc., B Shares | 180,700 | 3,125,499 |
Thomson Reuters Corp. | 146,944 | 5,377,244 |
8,502,743 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.2% | ||
Valeant Pharmaceuticals International, Inc. * | 110,276 | 7,692,292 |
Real Estate 0.2% | ||
Brookfield Asset Management, Inc., Class A | 296,752 | 9,097,970 |
RioCan Real Estate Investment Trust | 107,426 | 2,033,370 |
11,131,340 | ||
Retailing 0.1% | ||
Canadian Tire Corp., Ltd., Class A | 28,912 | 2,807,533 |
Software & Services 0.1% | ||
CGI Group, Inc., Class A * | 93,804 | 3,920,157 |
Technology Hardware & Equipment 0.0% | ||
BlackBerry Ltd. * | 190,044 | 1,481,518 |
Telecommunication Services 0.2% | ||
BCE, Inc. | 95,771 | 4,131,742 |
Rogers Communications, Inc., B Shares | 114,252 | 4,223,933 |
TELUS Corp. | 70,139 | 2,040,586 |
10,396,261 |
Security | Number of Shares | Value ($) |
Transportation 0.5% | ||
Canadian National Railway Co. | 260,523 | 15,116,719 |
Canadian Pacific Railway Ltd. | 53,568 | 6,520,617 |
21,637,336 | ||
Utilities 0.1% | ||
Canadian Utilities Ltd., Class A | 62,406 | 1,499,569 |
Fortis, Inc. | 85,231 | 2,360,117 |
3,859,686 | ||
314,249,129 | ||
Denmark 1.7% | ||
Banks 0.2% | ||
Danske Bank A/S | 291,860 | 7,975,780 |
Jyske Bank A/S - Reg’d * | 12,965 | 565,067 |
8,540,847 | ||
Capital Goods 0.1% | ||
Vestas Wind Systems A/S | 84,929 | 5,749,029 |
Commercial & Professional Services 0.0% | ||
ISS A/S | 36,140 | 1,258,206 |
Consumer Durables & Apparel 0.1% | ||
Pandora A/S | 40,945 | 5,183,062 |
Food, Beverage & Tobacco 0.1% | ||
Carlsberg A/S, B Shares | 48,789 | 4,218,018 |
Health Care Equipment & Services 0.1% | ||
Coloplast A/S, B Shares | 38,883 | 2,945,296 |
William Demant Holding A/S * | 10,842 | 942,865 |
3,888,161 | ||
Materials 0.1% | ||
Chr Hansen Holding A/S | 32,526 | 2,008,445 |
Novozymes A/S, B Shares | 98,135 | 4,217,079 |
6,225,524 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.8% | ||
Genmab A/S * | 20,717 | 2,545,527 |
Novo Nordisk A/S, B Shares | 649,861 | 33,700,493 |
36,246,020 | ||
Telecommunication Services 0.0% | ||
TDC A/S | 176,553 | 750,972 |
Transportation 0.2% | ||
AP Moller - Maersk A/S, A Shares | 1,221 | 1,566,069 |
AP Moller - Maersk A/S, B Shares | 1,901 | 2,501,935 |
DSV A/S | 76,205 | 3,121,509 |
7,189,513 | ||
79,249,352 | ||
Finland 0.9% | ||
Automobiles & Components 0.0% | ||
Nokian Renkaat Oyj | 57,311 | 1,887,443 |
Capital Goods 0.2% | ||
Kone Oyj, B Shares (a) | 125,835 | 5,598,932 |
Metso Oyj | 16,308 | 361,477 |
Wartsila Oyj Abp | 56,379 | 2,274,532 |
8,234,941 | ||
Energy 0.1% | ||
Neste Oyj | 68,666 | 2,156,948 |
Security | Number of Shares | Value ($) |
Food & Staples Retailing 0.0% | ||
Kesko Oyj, B Shares | 21,684 | 849,130 |
Insurance 0.2% | ||
Sampo Oyj, A Shares | 158,261 | 7,132,840 |
Materials 0.1% | ||
Stora Enso Oyj, R Shares | 278,278 | 2,304,006 |
UPM-Kymmene Oyj | 215,033 | 3,656,531 |
5,960,537 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
Orion Oyj, Class B | 52,211 | 1,769,972 |
Technology Hardware & Equipment 0.3% | ||
Nokia Oyj | 1,843,100 | 11,224,689 |
Telecommunication Services 0.0% | ||
Elisa Oyj | 42,682 | 1,525,311 |
Utilities 0.0% | ||
Fortum Oyj | 135,610 | 1,802,055 |
42,543,866 | ||
France 8.1% | ||
Automobiles & Components 0.4% | ||
Cie Generale des Etablissements Michelin | 74,087 | 6,713,637 |
Faurecia | 22,190 | 755,986 |
Peugeot S.A. * | 145,083 | 2,188,043 |
Renault S.A. | 67,186 | 6,142,301 |
Valeo S.A. | 28,912 | 4,014,753 |
19,814,720 | ||
Banks 0.7% | ||
BNP Paribas S.A. | 340,550 | 15,911,061 |
Credit Agricole S.A. | 358,132 | 3,730,185 |
Natixis S.A. | 356,697 | 1,913,042 |
Societe Generale S.A. | 254,787 | 8,976,501 |
30,530,789 | ||
Capital Goods 1.4% | ||
Airbus Group SE | 193,504 | 12,568,854 |
Alstom S.A. * | 90,350 | 1,980,085 |
Bouygues S.A. | 48,789 | 1,911,867 |
Compagnie de Saint-Gobain | 166,244 | 6,461,223 |
Eiffage S.A. | 7,228 | 513,075 |
Legrand S.A. | 101,541 | 5,065,774 |
Rexel S.A. | 75,894 | 932,652 |
Safran S.A. | 112,034 | 6,976,379 |
Schneider Electric SE | 197,092 | 11,729,015 |
Thales S.A. | 27,105 | 2,161,994 |
Vinci S.A. | 160,823 | 11,152,052 |
Zodiac Aerospace | 72,280 | 1,209,452 |
62,662,422 | ||
Commercial & Professional Services 0.1% | ||
Bureau Veritas S.A. | 85,959 | 1,716,202 |
Edenred | 72,280 | 1,270,710 |
Societe BIC S.A. | 14,684 | 2,039,037 |
5,025,949 | ||
Consumer Durables & Apparel 0.5% | ||
Christian Dior SE | 13,375 | 2,359,369 |
Hermes International | 9,051 | 3,092,908 |
Kering | 23,515 | 4,105,922 |
Security | Number of Shares | Value ($) |
LVMH Moet Hennessy Louis Vuitton SE | 86,751 | 14,497,084 |
SEB S.A. | 7,723 | 717,047 |
24,772,330 | ||
Consumer Services 0.2% | ||
Accor S.A. | 81,315 | 3,459,013 |
Sodexo S.A. | 32,546 | 3,312,440 |
6,771,453 | ||
Diversified Financials 0.1% | ||
Eurazeo S.A. | 16,867 | 988,550 |
Wendel S.A. | 12,649 | 1,203,405 |
2,191,955 | ||
Energy 0.8% | ||
Technip S.A. | 39,754 | 1,976,375 |
Total S.A. | 724,336 | 32,563,261 |
34,539,636 | ||
Food & Staples Retailing 0.1% | ||
Carrefour S.A. | 189,116 | 5,012,783 |
Casino Guichard Perrachon S.A. (a) | 23,491 | 1,060,529 |
6,073,312 | ||
Food, Beverage & Tobacco 0.5% | ||
Danone S.A. | 188,750 | 13,172,697 |
Pernod-Ricard S.A. | 75,929 | 8,094,141 |
21,266,838 | ||
Health Care Equipment & Services 0.2% | ||
BioMerieux | 7,228 | 920,833 |
Essilor International S.A. | 77,830 | 9,272,684 |
10,193,517 | ||
Household & Personal Products 0.3% | ||
L'Oreal S.A. | 81,393 | 13,796,263 |
Insurance 0.4% | ||
AXA S.A. | 669,409 | 14,761,497 |
CNP Assurances | 65,644 | 972,880 |
SCOR SE | 50,596 | 1,773,222 |
17,507,599 | ||
Materials 0.3% | ||
Air Liquide S.A. | 117,607 | 12,290,449 |
Arkema S.A. | 18,070 | 1,107,355 |
Imerys S.A. | 12,649 | 766,903 |
14,164,707 | ||
Media 0.4% | ||
Eutelsat Communications S.A. | 45,175 | 1,371,678 |
JCDecaux S.A. | 19,877 | 781,824 |
Lagardere S.C.A. | 18,340 | 529,967 |
Numericable-SFR SAS | 38,510 | 1,409,483 |
Publicis Groupe S.A. | 62,335 | 3,871,453 |
SES S.A. | 106,801 | 2,809,441 |
Societe Television Francaise 1 | 57,824 | 667,241 |
Vivendi S.A. | 403,084 | 8,378,386 |
19,819,473 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.7% | ||
Ipsen S.A. | 21,684 | 1,249,191 |
Sanofi | 390,845 | 31,081,797 |
32,330,988 |
Security | Number of Shares | Value ($) |
Real Estate 0.1% | ||
Fonciere Des Regions | 12,649 | 1,038,617 |
Gecina S.A. | 18,070 | 2,238,272 |
Klepierre | 45,984 | 1,919,114 |
5,196,003 | ||
Semiconductors & Semiconductor Equipment 0.0% | ||
STMicroelectronics N.V. | 258,401 | 1,486,935 |
Software & Services 0.2% | ||
Atos SE | 23,491 | 1,716,499 |
Cap Gemini S.A. | 52,403 | 4,367,183 |
Dassault Systemes S.A. | 54,270 | 4,121,209 |
10,204,891 | ||
Technology Hardware & Equipment 0.0% | ||
Ingenico Group S.A. | 15,845 | 1,605,256 |
Telecommunication Services 0.3% | ||
Iliad S.A. | 7,228 | 1,776,088 |
Orange S.A. | 681,239 | 11,854,310 |
13,630,398 | ||
Transportation 0.1% | ||
Aeroports de Paris | 10,298 | 1,210,122 |
Bollore S.A. | 361,400 | 1,395,975 |
Groupe Eurotunnel SE - Reg'd | 178,007 | 1,789,269 |
4,395,366 | ||
Utilities 0.3% | ||
Electricite de France S.A. | 106,613 | 1,126,548 |
Engie S.A. | 471,627 | 7,320,297 |
Suez Environnement Co. | 137,332 | 2,379,283 |
Veolia Environnement S.A. | 161,012 | 3,654,656 |
14,480,784 | ||
372,461,584 | ||
Germany 7.2% | ||
Automobiles & Components 0.9% | ||
Bayerische Motoren Werke AG | 110,699 | 9,039,044 |
Continental AG | 37,947 | 7,611,302 |
Daimler AG - Reg'd | 336,683 | 23,083,431 |
Volkswagen AG | 13,453 | 1,882,716 |
41,616,493 | ||
Banks 0.1% | ||
Commerzbank AG * | 395,733 | 3,224,448 |
Capital Goods 0.8% | ||
Brenntag AG | 40,007 | 1,945,266 |
GEA Group AG | 77,701 | 3,434,029 |
HOCHTIEF AG | 14,821 | 1,613,597 |
MAN SE | 11,685 | 1,199,804 |
MTU Aero Engines AG | 11,829 | 1,081,049 |
OSRAM Licht AG | 30,719 | 1,440,583 |
Siemens AG - Reg'd | 278,970 | 25,904,201 |
36,618,529 | ||
Consumer Durables & Apparel 0.2% | ||
adidas AG | 71,212 | 7,618,383 |
HUGO BOSS AG | 18,725 | 1,068,961 |
8,687,344 |
Security | Number of Shares | Value ($) |
Diversified Financials 0.3% | ||
Deutsche Bank AG - Reg'd | 468,643 | 8,139,628 |
Deutsche Boerse AG | 70,503 | 5,835,007 |
13,974,635 | ||
Food & Staples Retailing 0.0% | ||
METRO AG | 72,280 | 1,782,371 |
Health Care Equipment & Services 0.4% | ||
Fresenius Medical Care AG & Co. KGaA | 84,929 | 7,176,586 |
Fresenius SE & Co. KGaA | 151,788 | 10,040,652 |
17,217,238 | ||
Household & Personal Products 0.1% | ||
Beiersdorf AG | 28,912 | 2,511,577 |
Henkel AG & Co. KGaA | 41,051 | 3,637,454 |
6,149,031 | ||
Insurance 0.8% | ||
Allianz SE - Reg'd | 162,630 | 24,252,853 |
Hannover Rueck SE | 23,491 | 2,419,689 |
Muenchener Rueckversicherungs-Gesellschaft AG - Reg'd | 51,075 | 10,075,218 |
36,747,760 | ||
Materials 1.0% | ||
BASF SE | 325,554 | 21,287,518 |
Evonik Industries AG | 13,458 | 406,806 |
Fuchs Petrolub SE | 18,070 | 659,701 |
HeidelbergCement AG | 49,674 | 3,654,532 |
K+S AG - Reg'd | 72,288 | 1,521,801 |
LANXESS AG | 28,912 | 1,206,154 |
Linde AG | 64,109 | 8,951,008 |
Symrise AG | 42,593 | 2,736,966 |
ThyssenKrupp AG | 170,498 | 2,892,751 |
Wacker Chemie AG | 7,228 | 577,160 |
43,894,397 | ||
Media 0.2% | ||
Axel Springer SE | 21,684 | 1,099,816 |
Kabel Deutschland Holding AG | 14,491 | 1,797,314 |
ProSiebenSat.1 Media SE | 64,167 | 3,296,045 |
RTL Group S.A. * | 12,649 | 1,060,882 |
7,254,057 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.8% | ||
Bayer AG - Reg'd | 288,622 | 30,240,670 |
Merck KGaA | 46,982 | 4,002,698 |
QIAGEN N.V. * | 84,929 | 1,816,986 |
36,060,354 | ||
Real Estate 0.1% | ||
Deutsche Wohnen AG | 93,321 | 2,471,575 |
Vonovia SE | 141,452 | 4,414,112 |
6,885,687 | ||
Retailing 0.0% | ||
Fielmann AG | 10,842 | 749,350 |
Zalando SE *(d) | 30,344 | 949,874 |
1,699,224 | ||
Semiconductors & Semiconductor Equipment 0.1% | ||
Infineon Technologies AG | 394,246 | 4,825,567 |
Security | Number of Shares | Value ($) |
Software & Services 0.6% | ||
SAP SE | 312,953 | 23,782,339 |
United Internet AG - Reg'd | 34,575 | 1,694,669 |
Wirecard AG | 57,824 | 2,297,016 |
27,774,024 | ||
Telecommunication Services 0.4% | ||
Deutsche Telekom AG - Reg'd | 1,101,089 | 18,508,130 |
Telefonica Deutschland Holding AG | 141,336 | 686,452 |
19,194,582 | ||
Transportation 0.2% | ||
Deutsche Lufthansa AG - Reg'd * | 81,315 | 1,217,944 |
Deutsche Post AG - Reg'd | 318,032 | 7,579,809 |
Fraport AG Frankfurt Airport Services Worldwide | 16,263 | 941,665 |
9,739,418 | ||
Utilities 0.2% | ||
E.ON SE | 713,765 | 6,502,916 |
RWE AG | 178,893 | 2,048,725 |
8,551,641 | ||
331,896,800 | ||
Greece 0.0% | ||
Banks 0.0% | ||
Alpha Bank AE * | 500,000 | 852,942 |
Consumer Services 0.0% | ||
OPAP S.A. | 60,562 | 401,402 |
Telecommunication Services 0.0% | ||
Hellenic Telecommunications Organization S.A. | 81,631 | 676,752 |
1,931,096 | ||
Hong Kong 3.2% | ||
Automobiles & Components 0.0% | ||
Xinyi Glass Holdings Ltd. | 815,447 | 430,996 |
Banks 0.2% | ||
BOC Hong Kong Holdings Ltd. | 1,531,418 | 3,978,144 |
Hang Seng Bank Ltd. | 273,059 | 4,614,102 |
The Bank of East Asia Ltd. | 535,860 | 1,705,540 |
10,297,786 | ||
Capital Goods 0.5% | ||
CK Hutchison Holdings Ltd. | 1,009,223 | 12,193,245 |
Hopewell Holdings Ltd. | 402,228 | 1,236,248 |
Jardine Matheson Holdings Ltd. | 83,480 | 4,860,206 |
Jardine Strategic Holdings Ltd. | 85,415 | 2,518,888 |
Johnson Electric Holdings Ltd. | 289,790 | 864,583 |
21,673,170 | ||
Consumer Durables & Apparel 0.1% | ||
Li & Fung Ltd. | 1,984,573 | 1,120,384 |
Prada S.p.A. | 105,382 | 302,886 |
Samsonite International S.A. | 544,397 | 1,585,694 |
Techtronic Industries Co., Ltd. | 468,255 | 1,788,440 |
Texwinca Holdings Ltd. | 192,482 | 183,171 |
Yue Yuen Industrial Holdings Ltd. | 538,055 | 1,913,186 |
6,893,761 |
Security | Number of Shares | Value ($) |
Consumer Services 0.2% | ||
China Travel International Investment Hong Kong Ltd. | 1,945,024 | 675,342 |
Galaxy Entertainment Group Ltd. | 772,091 | 2,591,459 |
Melco International Development Ltd. | 387,945 | 452,494 |
MGM China Holdings Ltd. | 275,144 | 314,909 |
Sands China Ltd. | 882,316 | 3,074,885 |
Wynn Macau Ltd. | 539,532 | 621,671 |
7,730,760 | ||
Diversified Financials 0.2% | ||
Hong Kong Exchanges & Clearing Ltd. | 443,177 | 9,625,920 |
Energy 0.0% | ||
Brightoil Petroleum Holdings Ltd. | 1,469,267 | 376,001 |
Food, Beverage & Tobacco 0.1% | ||
China Mengniu Dairy Co., Ltd. | 1,032,552 | 1,484,531 |
Tingyi Cayman Islands Holding Corp. | 745,597 | 702,819 |
Want Want China Holdings Ltd. | 2,504,532 | 1,658,705 |
3,846,055 | ||
Insurance 0.5% | ||
AIA Group Ltd. | 4,184,279 | 21,362,226 |
Media 0.0% | ||
Television Broadcasts Ltd. | 180,700 | 711,074 |
Real Estate 0.8% | ||
Cheung Kong Property Holdings Ltd. | 1,004,171 | 5,139,562 |
Hang Lung Properties Ltd. | 580,837 | 1,018,835 |
Henderson Land Development Co., Ltd. | 342,770 | 1,851,346 |
Hongkong Land Holdings Ltd. | 420,384 | 2,467,654 |
Hysan Development Co., Ltd. | 188,888 | 748,153 |
Kerry Properties Ltd. | 237,407 | 557,481 |
Link REIT | 903,500 | 5,094,870 |
New World China Land Ltd. | 953,093 | 909,441 |
New World Development Co., Ltd. | 1,784,077 | 1,495,879 |
Shui On Land Ltd. | 2,710,500 | 679,703 |
Sino Land Co., Ltd. | 851,387 | 1,182,459 |
Sun Hung Kai Properties Ltd. | 588,390 | 6,571,590 |
Swire Pacific Ltd., Class A | 251,783 | 2,454,319 |
Swire Properties Ltd. | 769,034 | 1,977,930 |
The Wharf Holdings Ltd. | 432,505 | 2,171,939 |
Wheelock & Co., Ltd. | 214,046 | 845,047 |
35,166,208 | ||
Retailing 0.0% | ||
Chow Tai Fook Jewellery Group Ltd. | 729,191 | 436,043 |
Esprit Holdings Ltd. | 903,500 | 807,511 |
L'Occitane International S.A. | 208,845 | 416,823 |
1,660,377 | ||
Semiconductors & Semiconductor Equipment 0.1% | ||
ASM Pacific Technology Ltd. | 105,183 | 843,368 |
Semiconductor Manufacturing International Corp. * | 16,230,594 | 1,335,826 |
Xinyi Solar Holdings Ltd. | 815,447 | 228,606 |
2,407,800 |
Security | Number of Shares | Value ($) |
Technology Hardware & Equipment 0.1% | ||
AAC Technologies Holdings, Inc. | 277,590 | 1,925,886 |
FIH Mobile Ltd. | 736,433 | 263,278 |
VTech Holdings Ltd. | 69,186 | 775,836 |
2,965,000 | ||
Telecommunication Services 0.0% | ||
PCCW Ltd. | 1,807,000 | 1,147,943 |
Transportation 0.1% | ||
MTR Corp. Ltd. | 560,845 | 2,592,848 |
Utilities 0.3% | ||
Cheung Kong Infrastructure Holdings Ltd. | 217,844 | 2,222,941 |
CLP Holdings Ltd. | 532,057 | 4,638,988 |
Hong Kong & China Gas Co., Ltd. | 2,633,521 | 4,632,957 |
Power Assets Holdings Ltd. | 459,936 | 4,359,134 |
15,854,020 | ||
144,741,945 | ||
Ireland 0.3% | ||
Banks 0.1% | ||
Bank of Ireland * | 9,652,234 | 2,747,761 |
Food, Beverage & Tobacco 0.1% | ||
Glanbia plc | 58,185 | 1,160,737 |
Kerry Group plc, A Shares | 56,017 | 4,896,612 |
6,057,349 | ||
Materials 0.1% | ||
Smurfit Kappa Group plc | 93,319 | 2,158,716 |
Transportation 0.0% | ||
Ryanair Holdings plc | 137,691 | 2,137,153 |
13,100,979 | ||
Israel 0.7% | ||
Banks 0.1% | ||
Bank Hapoalim B.M. | 411,996 | 2,018,750 |
Bank Leumi Le-Israel * | 475,957 | 1,591,768 |
First International Bank of Israel Ltd. | 48,789 | 562,897 |
Israel Discount Bank Ltd., A Shares * | 496,295 | 798,731 |
Mizrahi Tefahot Bank Ltd. | 39,754 | 439,708 |
5,411,854 | ||
Capital Goods 0.0% | ||
Elbit Systems Ltd. | 4,538 | 377,033 |
Energy 0.0% | ||
Delek Group Ltd. | 1,807 | 289,983 |
Food, Beverage & Tobacco 0.0% | ||
Osem Investments Ltd. | 23,491 | 485,220 |
Materials 0.0% | ||
Frutarom Industries Ltd. | 8,000 | 413,726 |
Israel Chemicals Ltd. | 184,314 | 713,242 |
The Israel Corp., Ltd. | 1,807 | 257,567 |
1,384,535 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.5% | ||
Teva Pharmaceutical Industries Ltd. | 355,661 | 20,088,589 |
Security | Number of Shares | Value ($) |
Real Estate 0.0% | ||
Azrieli Group | 14,456 | 525,323 |
Gazit-Globe Ltd. | 27,105 | 212,972 |
738,295 | ||
Software & Services 0.0% | ||
NICE-Systems Ltd. | 18,070 | 1,093,341 |
Telecommunication Services 0.1% | ||
Bezeq The Israeli Telecommunication Corp., Ltd. | 954,288 | 2,142,324 |
32,011,174 | ||
Italy 1.9% | ||
Automobiles & Components 0.1% | ||
Ferrari N.V. * | 36,598 | 1,415,256 |
Fiat Chrysler Automobiles N.V. | 320,376 | 2,208,724 |
3,623,980 | ||
Banks 0.5% | ||
Banca Monte dei Paschi di Siena S.p.A. *(a) | 828,293 | 442,611 |
Banco Popolare SC * | 141,340 | 1,163,315 |
Intesa Sanpaolo S.p.A. | 4,387,396 | 11,164,610 |
UniCredit S.p.A. | 1,754,831 | 6,551,463 |
Unione di Banche Italiane S.p.A. | 294,541 | 1,138,039 |
20,460,038 | ||
Capital Goods 0.1% | ||
CNH Industrial N.V. | 319,839 | 2,132,042 |
Finmeccanica S.p.A. * | 147,496 | 1,528,097 |
Prysmian S.p.A. | 62,419 | 1,275,042 |
4,935,181 | ||
Consumer Durables & Apparel 0.1% | ||
Luxottica Group S.p.A. | 74,658 | 4,279,063 |
Diversified Financials 0.1% | ||
Banca Mediolanum S.p.A. | 86,043 | 607,685 |
EXOR S.p.A. | 50,596 | 1,677,290 |
Mediobanca S.p.A. | 211,419 | 1,438,031 |
3,723,006 | ||
Energy 0.3% | ||
Eni S.p.A. | 856,902 | 12,057,319 |
Saipem S.p.A. * | 104,847 | 43,290 |
Tenaris S.A. | 166,244 | 1,815,356 |
13,915,965 | ||
Food, Beverage & Tobacco 0.0% | ||
Davide Campari-Milano S.p.A. | 78,527 | 618,596 |
Parmalat S.p.A. | 174,009 | 453,010 |
1,071,606 | ||
Insurance 0.1% | ||
Assicurazioni Generali S.p.A. | 444,522 | 6,187,172 |
UnipolSai S.p.A. | 160,823 | 331,137 |
6,518,309 | ||
Media 0.0% | ||
Mediaset S.p.A. | 316,225 | 1,129,051 |
Telecommunication Services 0.1% | ||
Telecom Italia S.p.A. * | 3,263,494 | 3,187,809 |
Telecom Italia S.p.A. - RSP | 2,341,872 | 1,815,545 |
5,003,354 |
Security | Number of Shares | Value ($) |
Transportation 0.1% | ||
Atlantia S.p.A. | 168,260 | 4,170,191 |
Utilities 0.4% | ||
Enel Green Power S.p.A. | 182,507 | 355,359 |
Enel S.p.A. | 2,434,939 | 9,799,612 |
Snam S.p.A. | 616,187 | 3,332,861 |
Terna Rete Elettrica Nazionale S.p.A. | 565,591 | 2,952,265 |
16,440,097 | ||
85,269,841 | ||
Japan 21.5% | ||
Automobiles & Components 2.7% | ||
Aisin Seiki Co., Ltd. | 58,283 | 2,333,902 |
Bridgestone Corp. | 218,855 | 7,664,530 |
Daihatsu Motor Co., Ltd. (a) | 134,656 | 1,870,570 |
Denso Corp. | 171,086 | 6,346,286 |
Fuji Heavy Industries Ltd. | 215,643 | 7,061,055 |
Honda Motor Co., Ltd. | 625,844 | 16,007,191 |
Isuzu Motors Ltd. | 219,079 | 2,193,216 |
Koito Manufacturing Co., Ltd. | 40,253 | 1,774,163 |
Mazda Motor Corp. | 183,327 | 2,554,803 |
Mitsubishi Motors Corp. | 181,200 | 1,290,674 |
NGK Spark Plug Co., Ltd. | 78,271 | 1,462,446 |
Nissan Motor Co., Ltd. | 903,500 | 8,200,538 |
NOK Corp. | 46,439 | 749,195 |
Stanley Electric Co., Ltd. | 61,798 | 1,372,011 |
Sumitomo Electric Industries Ltd. | 342,626 | 4,109,994 |
Sumitomo Rubber Industries Ltd. | 76,188 | 1,089,412 |
Suzuki Motor Corp. | 145,945 | 3,653,312 |
Toyo Tire & Rubber Co., Ltd. | 12,214 | 185,361 |
Toyota Industries Corp. | 49,319 | 2,075,440 |
Toyota Motor Corp. | 972,263 | 50,794,551 |
Yamaha Motor Co., Ltd. | 118,005 | 1,758,444 |
124,547,094 | ||
Banks 1.7% | ||
Aozora Bank Ltd. | 531,318 | 1,727,519 |
Fukuoka Financial Group, Inc. | 336,699 | 1,067,891 |
Hokuhoku Financial Group, Inc. | 881,936 | 1,312,649 |
Japan Post Bank Co., Ltd. * | 147,359 | 1,597,939 |
Kyushu Financial Group, Inc. * | 76,998 | 448,174 |
Mitsubishi UFJ Financial Group, Inc. | 4,809,153 | 20,732,083 |
Mizuho Financial Group, Inc. | 8,601,121 | 12,656,888 |
North Pacific Bank Ltd. | 177,332 | 439,893 |
Resona Holdings, Inc. | 903,500 | 3,161,750 |
Seven Bank Ltd. | 180,700 | 771,627 |
Shinsei Bank Ltd. | 627,559 | 745,009 |
Sumitomo Mitsui Financial Group, Inc. | 449,560 | 12,601,620 |
Sumitomo Mitsui Trust Holdings, Inc. | 1,475,824 | 4,297,704 |
Suruga Bank Ltd. | 71,083 | 1,138,588 |
The 77 Bank Ltd. | 85,459 | 302,845 |
The Bank of Kyoto Ltd. | 148,354 | 929,225 |
The Bank of Yokohama Ltd. | 571,123 | 2,588,079 |
The Chiba Bank Ltd. | 232,016 | 1,087,366 |
The Chugoku Bank Ltd. | 60,301 | 635,732 |
The Gunma Bank Ltd. | 187,366 | 823,331 |
The Hachijuni Bank Ltd. | 233,813 | 1,073,002 |
The Hiroshima Bank Ltd. | 237,925 | 887,410 |
Security | Number of Shares | Value ($) |
The Iyo Bank Ltd. | 180,700 | 1,250,292 |
The Joyo Bank Ltd. | 244,595 | 847,279 |
The Juroku Bank Ltd. | 185,294 | 579,480 |
The Shiga Bank Ltd. | 103,429 | 422,421 |
The Shizuoka Bank Ltd. | 196,076 | 1,434,851 |
Yamaguchi Financial Group, Inc. | 92,252 | 868,783 |
76,429,430 | ||
Capital Goods 2.7% | ||
Amada Holdings Co., Ltd. | 144,805 | 1,343,175 |
Asahi Glass Co., Ltd. | 255,377 | 1,237,575 |
COMSYS Holdings Corp. | 63,640 | 950,019 |
Daikin Industries Ltd. | 107,928 | 7,243,009 |
DMG Mori Co., Ltd. | 33,716 | 299,300 |
Ebara Corp. | 54,071 | 208,380 |
FANUC Corp. | 65,436 | 9,623,367 |
Fuji Electric Co., Ltd. | 208,764 | 715,762 |
Hino Motors Ltd. | 157,658 | 1,592,293 |
Hoshizaki Electric Co., Ltd. | 7,588 | 587,545 |
IHI Corp. | 495,378 | 882,135 |
ITOCHU Corp. | 589,922 | 6,953,632 |
JGC Corp. | 85,459 | 1,345,388 |
JTEKT Corp. | 89,153 | 1,218,721 |
Kajima Corp. | 311,084 | 1,785,891 |
Kawasaki Heavy Industries Ltd. | 540,303 | 1,464,742 |
Keihan Electric Railway Co., Ltd. | 142,963 | 990,450 |
Komatsu Ltd. | 361,900 | 5,509,857 |
Kubota Corp. | 448,395 | 5,746,209 |
Kurita Water Industries Ltd. | 43,679 | 951,941 |
LIXIL Group Corp. | 103,629 | 2,128,124 |
Mabuchi Motor Co., Ltd. | 21,074 | 925,109 |
Makita Corp. | 36,340 | 2,134,522 |
Marubeni Corp. | 502,566 | 2,517,394 |
Minebea Co., Ltd. | 132,181 | 971,962 |
MISUMI Group, Inc. | 111,172 | 1,484,263 |
Mitsubishi Corp. | 481,854 | 7,713,933 |
Mitsubishi Electric Corp. | 725,073 | 7,348,691 |
Mitsubishi Heavy Industries Ltd. | 1,088,270 | 3,875,832 |
Mitsui & Co., Ltd. | 672,577 | 7,755,118 |
Mitsui Engineering & Shipbuilding Co., Ltd. | 401,934 | 530,571 |
MonotaRO Co., Ltd. | 15,752 | 370,791 |
Nabtesco Corp. | 36,334 | 694,973 |
NGK Insulators Ltd. | 69,286 | 1,233,797 |
Nidec Corp. | 80,303 | 5,383,414 |
NSK Ltd. | 124,993 | 1,141,686 |
NTN Corp. | 163,825 | 516,693 |
Obayashi Corp. | 216,181 | 1,970,766 |
Seibu Holdings, Inc. | 49,548 | 974,938 |
Shimizu Corp. | 244,595 | 1,859,247 |
SMC Corp. | 21,194 | 4,906,305 |
Sojitz Corp. | 777,920 | 1,495,536 |
Sumitomo Corp. | 495,336 | 4,875,467 |
Sumitomo Heavy Industries Ltd. | 109,640 | 452,644 |
Taisei Corp. | 332,665 | 2,015,884 |
The Japan Steel Works Ltd. | 124,993 | 413,044 |
THK Co., Ltd. | 75,978 | 1,294,403 |
Toshiba Corp. * | 1,397,857 | 2,164,743 |
TOTO Ltd. | 59,792 | 1,718,937 |
Toyota Tsusho Corp. | 96,962 | 1,959,427 |
123,477,605 |
Security | Number of Shares | Value ($) |
Commercial & Professional Services 0.3% | ||
Dai Nippon Printing Co., Ltd. | 228,422 | 1,964,986 |
Recruit Holdings Co., Ltd. | 126,046 | 3,740,900 |
Secom Co., Ltd. | 74,549 | 5,309,408 |
Sohgo Security Services Co., Ltd. | 24,422 | 1,265,725 |
Temp Holdings Co., Ltd. | 22,728 | 289,750 |
Toppan Printing Co., Ltd. | 223,031 | 1,883,044 |
14,453,813 | ||
Consumer Durables & Apparel 0.9% | ||
Asics Corp. | 65,542 | 1,193,837 |
Bandai Namco Holdings, Inc. | 85,559 | 1,704,737 |
Casio Computer Co., Ltd. (a) | 83,662 | 1,540,937 |
Haseko Corp. | 157,521 | 1,363,438 |
Iida Group Holdings Co., Ltd. | 47,783 | 875,016 |
Nikon Corp. | 180,700 | 2,748,721 |
Panasonic Corp. | 775,413 | 6,555,718 |
Rinnai Corp. | 19,971 | 1,717,993 |
Sega Sammy Holdings, Inc. | 67,189 | 710,730 |
Sekisui Chemical Co., Ltd. | 144,760 | 1,604,383 |
Sekisui House Ltd. | 213,246 | 3,474,280 |
Shimano, Inc. | 25,908 | 4,053,469 |
Sony Corp. | 445,036 | 9,411,304 |
Sumitomo Forestry Co., Ltd. | 111,434 | 1,244,902 |
Wacoal Holdings Corp. | 36,940 | 424,790 |
Yamaha Corp. | 49,489 | 1,381,088 |
40,005,343 | ||
Consumer Services 0.2% | ||
Benesse Holdings, Inc. | 47,322 | 1,438,002 |
Oriental Land Co., Ltd. | 79,872 | 5,469,153 |
Resorttrust, Inc. | 38,737 | 892,624 |
7,799,779 | ||
Diversified Financials 0.5% | ||
Acom Co., Ltd. * | 81,036 | 361,117 |
AEON Financial Service Co., Ltd. | 38,334 | 856,508 |
Aiful Corp. * | 121,699 | 339,625 |
Credit Saison Co., Ltd. | 83,962 | 1,422,240 |
Daiwa Securities Group, Inc. | 589,822 | 3,483,804 |
Japan Exchange Group, Inc. | 178,052 | 2,762,073 |
Mitsubishi UFJ Lease & Finance Co., Ltd. | 361,400 | 1,559,263 |
Nomura Holdings, Inc. | 1,264,900 | 5,334,152 |
Okasan Securities Group, Inc. | 53,113 | 252,213 |
ORIX Corp. | 447,159 | 5,851,197 |
SBI Holdings, Inc. | 137,488 | 1,254,597 |
Zenkoku Hosho Co., Ltd. | 38,757 | 1,155,414 |
24,632,203 | ||
Energy 0.2% | ||
Cosmo Energy Holdings Co., Ltd. * | 21,988 | 235,707 |
Idemitsu Kosan Co., Ltd. | 44,104 | 668,935 |
Inpex Corp. | 361,400 | 2,614,247 |
Japan Petroleum Exploration Co., Ltd. | 11,682 | 250,872 |
JX Holdings, Inc. | 1,084,200 | 4,217,694 |
Showa Shell Sekiyu K.K. | 135,306 | 1,059,672 |
TonenGeneral Sekiyu K.K. | 46,994 | 357,217 |
9,404,344 | ||
Food & Staples Retailing 0.4% | ||
Aeon Co., Ltd. | 280,350 | 3,675,907 |
FamilyMart Co., Ltd. | 26,158 | 1,256,047 |
Security | Number of Shares | Value ($) |
Lawson, Inc. | 18,570 | 1,431,309 |
Seven & i Holdings Co., Ltd. | 274,261 | 10,921,844 |
Sugi Holdings Co., Ltd. | 16,873 | 793,760 |
Sundrug Co., Ltd. | 15,176 | 1,001,650 |
Tsuruha Holdings, Inc. | 15,176 | 1,283,994 |
20,364,511 | ||
Food, Beverage & Tobacco 1.1% | ||
Ajinomoto Co., Inc. | 188,888 | 4,629,534 |
Asahi Group Holdings Ltd. | 156,024 | 4,583,615 |
Calbee, Inc. | 25,474 | 1,031,373 |
Ezaki Glico Co., Ltd. | 21,014 | 1,122,608 |
Japan Tobacco, Inc. | 362,226 | 14,408,813 |
Kewpie Corp. | 80,972 | 1,812,769 |
Kikkoman Corp. | 81,865 | 2,694,383 |
Kirin Holdings Co., Ltd. | 365,567 | 4,815,930 |
MEIJI Holdings Co., Ltd. | 48,928 | 3,927,244 |
NH Foods Ltd. | 62,098 | 1,306,602 |
Nisshin Seifun Group, Inc. | 141,766 | 2,317,238 |
Nissin Foods Holdings Co., Ltd. | 29,752 | 1,365,363 |
Sapporo Holdings Ltd. | 92,647 | 421,067 |
Suntory Beverage & Food Ltd. | 47,090 | 1,996,241 |
Toyo Suisan Kaisha Ltd. | 38,937 | 1,395,350 |
Yakult Honsha Co., Ltd. | 40,554 | 1,936,532 |
Yamazaki Baking Co., Ltd. | 35,143 | 665,343 |
50,430,005 | ||
Health Care Equipment & Services 0.5% | ||
Alfresa Holdings Corp. | 111,017 | 2,010,354 |
Asahi Intecc Co., Ltd. | 12,833 | 596,884 |
Hoya Corp. | 157,639 | 5,698,048 |
M3, Inc. | 47,176 | 1,123,865 |
Miraca Holdings, Inc. | 12,779 | 550,219 |
Nipro Corp. | 74,877 | 701,837 |
Olympus Corp. | 94,841 | 3,461,749 |
Suzuken Co., Ltd. | 32,546 | 1,059,637 |
Sysmex Corp. | 42,119 | 2,612,031 |
Terumo Corp. | 139,688 | 4,776,927 |
22,591,551 | ||
Household & Personal Products 0.4% | ||
Kao Corp. | 186,915 | 9,437,241 |
Kobayashi Pharmaceutical Co., Ltd. | 6,191 | 529,286 |
Kose Corp. | 9,770 | 840,458 |
Lion Corp. | 85,459 | 903,234 |
Pigeon Corp. | 31,978 | 746,791 |
Shiseido Co., Ltd. | 180,700 | 3,936,579 |
Unicharm Corp. | 110,289 | 2,399,732 |
18,793,321 | ||
Insurance 0.6% | ||
Japan Post Holdings Co., Ltd. * | 176,183 | 2,242,968 |
Japan Post Insurance Co., Ltd. * | 22,868 | 501,222 |
MS&AD Insurance Group Holdings, Inc. | 180,700 | 4,919,522 |
Sompo Japan Nipponkoa Holdings, Inc. | 161,026 | 4,636,408 |
Sony Financial Holdings, Inc. | 55,210 | 770,372 |
T&D Holdings, Inc. | 244,385 | 2,410,832 |
The Dai-ichi Life Insurance Co., Ltd. | 449,016 | 5,441,895 |
Tokio Marine Holdings, Inc. | 248,640 | 8,670,184 |
29,593,403 |
Security | Number of Shares | Value ($) |
Materials 1.3% | ||
Air Water, Inc. | 87,256 | 1,234,532 |
Asahi Kasei Corp. | 491,784 | 2,781,003 |
Daicel Corp. | 123,196 | 1,572,761 |
Denka Co., Ltd. | 67,489 | 239,164 |
DIC Corp. | 319,036 | 686,828 |
Dowa Holdings Co., Ltd. | 27,595 | 157,930 |
Hitachi Chemical Co., Ltd. | 38,737 | 631,117 |
Hitachi Metals Ltd. | 89,053 | 948,321 |
JFE Holdings, Inc. | 186,191 | 2,230,168 |
JSR Corp. | 123,602 | 1,733,439 |
Kaneka Corp. | 94,910 | 711,352 |
Kansai Paint Co., Ltd. | 78,271 | 1,074,124 |
Kobe Steel Ltd. | 1,614,262 | 1,244,215 |
Kuraray Co., Ltd. | 180,700 | 1,975,493 |
Maruichi Steel Tube Ltd. | 7,788 | 211,820 |
Mitsubishi Chemical Holdings Corp. | 540,556 | 2,725,887 |
Mitsubishi Gas Chemical Co., Inc. | 118,352 | 552,572 |
Mitsubishi Materials Corp. | 734,989 | 2,070,667 |
Mitsui Chemicals, Inc. | 363,804 | 1,189,313 |
Nippon Kayaku Co., Ltd. | 58,117 | 569,457 |
Nippon Paint Holdings Co., Ltd. | 85,459 | 1,711,830 |
Nippon Paper Industries Co., Ltd. | 20,867 | 352,729 |
Nippon Shokubai Co., Ltd. | 11,744 | 586,810 |
Nippon Steel & Sumitomo Metal Corp. | 309,304 | 5,343,458 |
Nissan Chemical Industries Ltd. | 51,275 | 1,157,009 |
Nisshin Steel Co., Ltd. | 27,855 | 329,941 |
Nitto Denko Corp. | 56,807 | 3,007,563 |
Oji Holdings Corp. | 215,843 | 816,522 |
Shin-Etsu Chemical Co., Ltd. | 147,559 | 7,407,037 |
Sumitomo Chemical Co., Ltd. | 482,830 | 2,113,117 |
Sumitomo Metal Mining Co., Ltd. | 187,091 | 2,009,726 |
Sumitomo Osaka Cement Co., Ltd. | 89,053 | 325,048 |
Taiheiyo Cement Corp. | 347,024 | 737,858 |
Teijin Ltd. | 417,661 | 1,346,876 |
Toray Industries, Inc. | 550,222 | 4,400,801 |
Tosoh Corp. | 225,004 | 855,165 |
Toyo Seikan Group Holdings Ltd. | 35,186 | 598,201 |
Ube Industries Ltd. | 217,640 | 368,277 |
Zeon Corp. | 49,519 | 314,991 |
58,323,122 | ||
Media 0.2% | ||
CyberAgent, Inc. | 11,214 | 460,979 |
Dentsu, Inc. | 86,856 | 4,039,814 |
Hakuhodo DY Holdings, Inc. | 96,733 | 1,093,522 |
Shochiku Co., Ltd. | 49,519 | 430,810 |
Toho Co., Ltd. | 38,537 | 943,324 |
6,968,449 | ||
Pharmaceuticals, Biotechnology & Life Sciences 1.4% | ||
Astellas Pharma, Inc. | 787,320 | 11,327,643 |
Chugai Pharmaceutical Co., Ltd. | 80,168 | 2,379,294 |
Daiichi Sankyo Co., Ltd. | 221,234 | 4,617,739 |
Eisai Co., Ltd. | 94,132 | 5,802,618 |
Hisamitsu Pharmaceutical Co., Inc. | 18,370 | 801,526 |
Kaken Pharmaceutical Co., Ltd. | 14,552 | 965,621 |
Kyowa Hakko Kirin Co., Ltd. | 60,097 | 896,064 |
Mitsubishi Tanabe Pharma Corp. | 123,912 | 2,225,202 |
Nippon Shinyaku Co., Ltd. | 20,767 | 712,011 |
Ono Pharmaceutical Co., Ltd. | 33,496 | 6,206,590 |
Otsuka Holdings Co., Ltd. | 135,575 | 4,788,815 |
Security | Number of Shares | Value ($) |
Rohto Pharmaceutical Co., Ltd. | 35,143 | 639,501 |
Santen Pharmaceutical Co., Ltd. | 150,685 | 2,313,507 |
Sawai Pharmaceutical Co., Ltd. | 6,191 | 427,268 |
Shionogi & Co., Ltd. | 105,626 | 4,524,489 |
Sumitomo Dainippon Pharma Co., Ltd. | 85,195 | 967,619 |
Taisho Pharmaceutical Holdings Co., Ltd. | 11,526 | 909,827 |
Takeda Pharmaceutical Co., Ltd. | 268,156 | 12,759,831 |
Tsumura & Co. | 50,974 | 1,291,567 |
64,556,732 | ||
Real Estate 0.8% | ||
Aeon Mall Co., Ltd. | 47,608 | 674,842 |
Daikyo, Inc. | 229,979 | 364,706 |
Daito Trust Construction Co., Ltd. | 26,149 | 3,539,816 |
Daiwa House Industry Co., Ltd. | 262,633 | 7,189,687 |
Hulic Co., Ltd. | 81,365 | 721,563 |
Mitsubishi Estate Co., Ltd. | 455,372 | 8,445,814 |
Mitsui Fudosan Co., Ltd. | 332,879 | 7,735,474 |
Nomura Real Estate Holdings, Inc. | 38,692 | 692,771 |
NTT Urban Development Corp. | 100,035 | 976,643 |
Sumitomo Real Estate Sales Co., Ltd. | 18,670 | 341,891 |
Sumitomo Realty & Development Co., Ltd. | 146,377 | 4,025,286 |
Tokyo Tatemono Co., Ltd. | 59,780 | 690,085 |
Tokyu Fudosan Holdings Corp. | 180,700 | 1,143,033 |
36,541,611 | ||
Retailing 0.6% | ||
Aoyama Trading Co., Ltd. | 33,446 | 1,235,613 |
Don Quijote Holdings Co., Ltd. | 38,596 | 1,290,807 |
Fast Retailing Co., Ltd. | 18,524 | 5,143,231 |
Isetan Mitsukoshi Holdings Ltd. | 170,603 | 1,983,000 |
J Front Retailing Co., Ltd. | 65,692 | 765,897 |
Marui Group Co., Ltd. | 113,483 | 1,555,333 |
Nitori Holdings Co., Ltd. | 22,564 | 1,733,155 |
Rakuten, Inc. | 361,400 | 3,435,501 |
Ryohin Keikaku Co., Ltd. | 9,566 | 1,948,371 |
Sanrio Co., Ltd. (a) | 34,543 | 676,018 |
Shimamura Co., Ltd. | 10,930 | 1,208,473 |
Start Today Co., Ltd. | 18,855 | 596,344 |
Takashimaya Co., Ltd. | 116,008 | 928,064 |
USS Co., Ltd. | 112,643 | 1,773,348 |
Yamada Denki Co., Ltd. | 329,854 | 1,618,951 |
25,892,106 | ||
Semiconductors & Semiconductor Equipment 0.1% | ||
Advantest Corp. | 128,987 | 1,179,310 |
Disco Corp. | 7,588 | 699,138 |
Rohm Co., Ltd. | 23,861 | 1,018,915 |
Sumco Corp. | 57,268 | 364,283 |
Tokyo Electron Ltd. | 56,341 | 3,401,174 |
6,662,820 | ||
Software & Services 0.5% | ||
DeNA Co., Ltd. | 34,343 | 501,415 |
Fujitsu Ltd. | 634,747 | 2,323,047 |
Kakaku.com, Inc. | 31,449 | 553,057 |
Konami Holdings Corp. | 43,628 | 1,058,667 |
Nexon Co., Ltd. | 44,028 | 660,761 |
Nintendo Co., Ltd. | 36,740 | 5,147,669 |
Nomura Research Institute Ltd. | 46,100 | 1,574,445 |
Security | Number of Shares | Value ($) |
NTT Data Corp. | 47,322 | 2,368,720 |
Obic Co., Ltd. | 34,543 | 1,716,822 |
Otsuka Corp. | 25,658 | 1,268,409 |
Square Enix Holdings Co., Ltd. | 38,037 | 896,039 |
Trend Micro, Inc. | 29,752 | 1,083,329 |
Yahoo Japan Corp. | 542,100 | 2,137,183 |
21,289,563 | ||
Technology Hardware & Equipment 1.4% | ||
Alps Electric Co., Ltd. | 60,601 | 996,460 |
Azbil Corp. | 12,779 | 317,112 |
Brother Industries Ltd. | 113,014 | 1,235,520 |
Canon, Inc. | 394,046 | 11,042,015 |
Citizen Holdings Co., Ltd. | 137,760 | 756,688 |
FUJIFILM Holdings Corp. | 131,308 | 4,923,105 |
Hamamatsu Photonics K.K. | 76,874 | 1,887,201 |
Hirose Electric Co., Ltd. | 7,556 | 852,832 |
Hitachi Ltd. | 1,612,148 | 6,825,653 |
Ibiden Co., Ltd. (a) | 45,738 | 555,542 |
Japan Aviation Electronics Industry Ltd. | 29,752 | 309,711 |
Japan Display, Inc. * | 193,979 | 390,106 |
Keyence Corp. | 14,876 | 7,697,959 |
Konica Minolta, Inc. | 176,193 | 1,478,226 |
Kyocera Corp. | 106,811 | 4,704,889 |
Murata Manufacturing Co., Ltd. | 71,418 | 8,582,814 |
NEC Corp. | 920,002 | 2,331,079 |
Omron Corp. | 58,204 | 1,538,184 |
Ricoh Co., Ltd. | 226,625 | 2,238,643 |
Seiko Epson Corp. | 92,947 | 1,496,210 |
Shimadzu Corp. | 90,664 | 1,413,676 |
Taiyo Yuden Co., Ltd. | 31,249 | 320,311 |
TDK Corp. | 36,740 | 1,917,153 |
Topcon Corp. | 24,537 | 264,337 |
Yaskawa Electric Corp. | 78,271 | 939,599 |
Yokogawa Electric Corp. | 159,292 | 1,538,235 |
66,553,260 | ||
Telecommunication Services 1.1% | ||
KDDI Corp. | 642,435 | 16,380,314 |
Nippon Telegraph & Telephone Corp. | 182,858 | 7,785,741 |
NTT DOCOMO, Inc. | 487,203 | 11,401,521 |
SoftBank Group Corp. | 325,262 | 16,062,108 |
51,629,684 | ||
Transportation 1.3% | ||
ANA Holdings, Inc. | 447,071 | 1,264,671 |
Central Japan Railway Co. | 67,665 | 12,118,254 |
East Japan Railway Co. | 137,772 | 12,103,186 |
Hankyu Hanshin Holdings, Inc. | 391,152 | 2,505,452 |
Japan Airlines Co., Ltd. | 42,613 | 1,525,196 |
Japan Airport Terminal Co., Ltd. | 13,458 | 472,744 |
Kawasaki Kisen Kaisha Ltd. | 241,001 | 403,537 |
Keikyu Corp. | 178,903 | 1,586,551 |
Keio Corp. | 258,971 | 2,379,206 |
Keisei Electric Railway Co., Ltd. | 126,496 | 1,740,406 |
Kintetsu Group Holdings Co., Ltd. | 593,416 | 2,544,526 |
Mitsui OSK Lines Ltd. | 557,476 | 1,042,104 |
Nagoya Railroad Co., Ltd. | 278,723 | 1,333,426 |
Nippon Express Co., Ltd. | 309,542 | 1,371,172 |
Nippon Yusen K.K. | 571,852 | 1,053,778 |
Odakyu Electric Railway Co., Ltd. | 222,523 | 2,562,834 |
Tobu Railway Co., Ltd. | 409,122 | 2,131,240 |
Security | Number of Shares | Value ($) |
Tokyu Corp. | 343,430 | 2,875,228 |
West Japan Railway Co. | 65,897 | 3,857,784 |
Yamato Holdings Co., Ltd. | 180,700 | 3,665,228 |
58,536,523 | ||
Utilities 0.6% | ||
Chubu Electric Power Co., Inc. | 256,464 | 3,380,894 |
Electric Power Development Co., Ltd. | 52,823 | 1,630,903 |
Hokkaido Electric Power Co., Inc. * | 56,407 | 477,742 |
Hokuriku Electric Power Co. | 125,386 | 1,868,432 |
Kyushu Electric Power Co., Inc. * | 180,700 | 1,817,006 |
Osaka Gas Co., Ltd. | 584,796 | 2,228,830 |
Shikoku Electric Power Co., Inc. | 37,480 | 537,919 |
The Chugoku Electric Power Co., Inc. | 125,561 | 1,677,484 |
The Kansai Electric Power Co., Inc. * | 323,586 | 3,554,787 |
Toho Gas Co., Ltd. | 241,001 | 1,680,335 |
Tohoku Electric Power Co., Inc. | 180,700 | 2,308,478 |
Tokyo Electric Power Co., Inc. * | 542,100 | 2,747,120 |
Tokyo Gas Co., Ltd. | 759,484 | 3,506,242 |
27,416,172 | ||
986,892,444 | ||
Netherlands 2.7% | ||
Banks 0.4% | ||
ABN AMRO Group N.V. *(d) | 76,980 | 1,525,642 |
ING Groep N.V. CVA | 1,313,689 | 15,551,404 |
17,077,046 | ||
Capital Goods 0.2% | ||
Boskalis Westminster | 14,456 | 527,290 |
Koninklijke Philips N.V. | 326,371 | 8,310,484 |
8,837,774 | ||
Commercial & Professional Services 0.1% | ||
Randstad Holding N.V. | 52,403 | 2,713,973 |
Energy 0.1% | ||
Koninklijke Vopak N.V. | 38,266 | 1,746,481 |
Food & Staples Retailing 0.1% | ||
Koninklijke Ahold N.V. | 280,145 | 6,154,798 |
Food, Beverage & Tobacco 0.2% | ||
Heineken Holding N.V. | 39,754 | 2,887,999 |
Heineken N.V. | 79,835 | 6,432,990 |
9,320,989 | ||
Household & Personal Products 0.5% | ||
Unilever N.V. CVA | 545,277 | 23,488,507 |
Insurance 0.1% | ||
Aegon N.V. | 649,360 | 3,265,342 |
NN Group N.V. | 75,454 | 2,328,362 |
5,593,704 | ||
Materials 0.2% | ||
Akzo Nobel N.V. | 83,122 | 4,898,752 |
ArcelorMittal (a) | 357,786 | 1,389,790 |
Koninklijke DSM N.V. | 66,859 | 3,309,010 |
OCI N.V. * | 23,491 | 428,168 |
10,025,720 |
Security | Number of Shares | Value ($) |
Media 0.3% | ||
Altice N.V., A Shares * | 132,612 | 1,909,187 |
Altice N.V., B Shares * | 29,838 | 438,001 |
RELX N.V. | 327,123 | 5,391,958 |
Wolters Kluwer N.V. | 108,420 | 4,098,982 |
11,838,128 | ||
Real Estate 0.2% | ||
Unibail-Rodamco SE | 34,985 | 8,733,478 |
Semiconductors & Semiconductor Equipment 0.2% | ||
ASML Holding N.V. | 118,366 | 10,883,029 |
Software & Services 0.0% | ||
Gemalto N.V. | 27,105 | 1,724,942 |
Telecommunication Services 0.1% | ||
Koninklijke KPN N.V. | 1,089,964 | 4,037,281 |
Transportation 0.0% | ||
TNT Express N.V. | 162,630 | 1,390,497 |
123,566,347 | ||
New Zealand 0.2% | ||
Consumer Services 0.0% | ||
SKYCITY Entertainment Group Ltd. | 336,102 | 990,592 |
Health Care Equipment & Services 0.0% | ||
Fisher & Paykel Healthcare Corp., Ltd. | 123,592 | 717,115 |
Ryman Healthcare Ltd. | 136,537 | 722,006 |
1,439,121 | ||
Materials 0.0% | ||
Fletcher Building Ltd. | 237,476 | 1,119,546 |
Real Estate 0.0% | ||
Kiwi Property Group Ltd. | 909,800 | 818,832 |
Telecommunication Services 0.1% | ||
Spark New Zealand Ltd. | 719,186 | 1,631,232 |
Transportation 0.1% | ||
Auckland International Airport Ltd. | 536,877 | 2,159,338 |
Utilities 0.0% | ||
Contact Energy Ltd. | 244,632 | 722,616 |
8,881,277 | ||
Norway 0.5% | ||
Banks 0.1% | ||
DNB A.S.A. | 419,224 | 4,832,928 |
Energy 0.1% | ||
Statoil A.S.A. (a) | 319,015 | 4,651,090 |
Subsea 7 S.A. * | 124,683 | 789,486 |
5,440,576 | ||
Food, Beverage & Tobacco 0.1% | ||
Marine Harvest A.S.A. * | 40,868 | 584,116 |
Orkla A.S.A. | 361,400 | 2,978,606 |
3,562,722 | ||
Insurance 0.0% | ||
Gjensidige Forsikring A.S.A. | 79,508 | 1,247,656 |
Materials 0.1% | ||
Norsk Hydro A.S.A. | 303,576 | 1,207,311 |
Yara International A.S.A. | 63,672 | 2,473,054 |
3,680,365 |
Security | Number of Shares | Value ($) |
Media 0.0% | ||
Schibsted A.S.A., B Shares * | 32,526 | 852,913 |
Schibsted A.S.A., Class A | 32,526 | 893,209 |
1,746,122 | ||
Telecommunication Services 0.1% | ||
Telenor A.S.A. | 233,103 | 3,486,772 |
23,997,141 | ||
Portugal 0.1% | ||
Banks 0.0% | ||
Banco Comercial Portugues S.A. - Reg'd * | 15,153,502 | 566,397 |
Banco Espirito Santo S.A. - Reg'd *(b)(e) | 505,213 | — |
566,397 | ||
Energy 0.0% | ||
Galp Energia, SGPS, S.A. | 178,893 | 1,965,144 |
Food & Staples Retailing 0.0% | ||
Jeronimo Martins, SGPS, S.A. | 58,088 | 822,080 |
Utilities 0.1% | ||
EDP - Energias de Portugal S.A. | 916,149 | 2,843,978 |
6,197,599 | ||
Republic of Korea 3.7% | ||
Automobiles & Components 0.4% | ||
Hankook Tire Co., Ltd. * | 29,037 | 1,253,801 |
Hanon Systems | 107,790 | 866,364 |
Hyundai Mobis Co., Ltd. | 23,534 | 4,738,389 |
Hyundai Motor Co. | 52,845 | 6,302,772 |
Hyundai Wia Corp. | 5,062 | 448,200 |
Kia Motors Corp. | 91,324 | 3,404,250 |
17,013,776 | ||
Banks 0.3% | ||
BNK Financial Group, Inc. | 127,689 | 888,981 |
Hana Financial Group, Inc. | 100,059 | 1,686,933 |
Industrial Bank of Korea * | 90,000 | 847,821 |
KB Financial Group, Inc. ADR * | 164,629 | 3,911,585 |
Shinhan Financial Group Co., Ltd. ADR * | 171,058 | 5,260,033 |
Woori Bank | 80,000 | 563,435 |
13,158,788 | ||
Capital Goods 0.4% | ||
Cheil Industries, Inc. | 24,622 | 3,076,008 |
CJ Corp. | 5,200 | 1,000,728 |
Daelim Industrial Co., Ltd. | 14,143 | 919,461 |
Daewoo International Corp. | 15,027 | 231,474 |
Doosan Corp. | 3,746 | 228,389 |
Doosan Heavy Industries & Construction Co., Ltd. | 14,480 | 193,191 |
GS Engineering & Construction Corp. * | 14,464 | 293,560 |
Hanwha Techwin Co., Ltd. | 14,690 | 465,633 |
Hyundai Development Co-Engineering & Construction * | 17,197 | 547,879 |
Hyundai Engineering & Construction Co., Ltd. | 20,409 | 627,106 |
Security | Number of Shares | Value ($) |
Hyundai Heavy Industries Co., Ltd. * | 14,564 | 1,212,980 |
KCC Corp. | 2,032 | 700,775 |
Korea Aerospace Industries Ltd. * | 21,000 | 1,202,232 |
LG Corp. | 32,925 | 1,911,551 |
LG Hausys Ltd. | 1,709 | 167,901 |
Neo Holdings Co., Ltd. *(b)(e) | 1,746 | — |
Samsung Heavy Industries Co., Ltd. * | 48,686 | 413,360 |
SK Holdings Co., Ltd. | 12,862 | 2,579,264 |
15,771,492 | ||
Commercial & Professional Services 0.0% | ||
KEPCO Plant Service & Engineering Co., Ltd. * | 6,170 | 355,223 |
S-1 Corp. | 6,932 | 514,561 |
869,784 | ||
Consumer Durables & Apparel 0.1% | ||
Coway Co., Ltd. | 17,000 | 1,340,261 |
Hanssem Co., Ltd. | 3,194 | 658,583 |
LG Electronics, Inc. | 36,304 | 1,905,175 |
3,904,019 | ||
Consumer Services 0.0% | ||
Kangwon Land, Inc. * | 34,840 | 1,162,085 |
Diversified Financials 0.0% | ||
Daewoo Securities Co., Ltd. | 73,600 | 475,511 |
Korea Investment Holdings Co., Ltd. * | 18,000 | 604,754 |
Samsung Card Co., Ltd. | 6,960 | 200,915 |
Samsung Securities Co., Ltd. | 14,820 | 467,956 |
1,749,136 | ||
Energy 0.1% | ||
GS Holdings Corp. | 14,877 | 637,569 |
S-Oil Corp. | 23,105 | 1,475,940 |
SK Innovation Co., Ltd. | 19,871 | 2,329,825 |
4,443,334 | ||
Food & Staples Retailing 0.0% | ||
E-MART, Inc. | 11,781 | 1,676,604 |
Food, Beverage & Tobacco 0.2% | ||
CJ CheilJedang Corp. | 2,200 | 643,972 |
KT&G Corp. | 37,444 | 3,224,538 |
Lotte Chilsung Beverage Co., Ltd. * | 207 | 347,315 |
Lotte Confectionery Co., Ltd. * | 956 | 1,853,714 |
Orion Corp. | 1,677 | 1,243,478 |
7,313,017 | ||
Household & Personal Products 0.1% | ||
Amorepacific Corp. | 11,240 | 3,340,099 |
AMOREPACIFIC Group | 8,200 | 938,223 |
LG Household & Health Care Ltd. | 3,220 | 2,260,014 |
6,538,336 | ||
Insurance 0.2% | ||
Dongbu Insurance Co., Ltd. | 20,977 | 1,144,940 |
Hanwha Life Insurance Co., Ltd. | 85,793 | 424,560 |
Hyundai Marine & Fire Insurance Co., Ltd. | 51,234 | 1,273,911 |
Samsung Fire & Marine Insurance Co., Ltd. | 12,193 | 2,987,369 |
Samsung Life Insurance Co., Ltd. | 30,416 | 2,754,582 |
8,585,362 |
Security | Number of Shares | Value ($) |
Materials 0.3% | ||
Hanwha Chemical Corp. | 21,562 | 417,571 |
Hyosung Corp. | 7,728 | 781,111 |
Hyundai Steel Co. | 24,000 | 1,079,000 |
Korea Zinc Co., Ltd. * | 3,129 | 1,129,699 |
Kumho Petrochemical Co., Ltd. | 4,781 | 237,755 |
LG Chem Ltd. | 15,820 | 3,837,632 |
Lotte Chemical Corp. | 5,908 | 1,526,325 |
POSCO ADR | 125,159 | 5,052,669 |
Samsung Fine Chemicals Co., Ltd. | 12,781 | 383,420 |
14,445,182 | ||
Media 0.0% | ||
Cheil Worldwide, Inc. | 27,000 | 370,057 |
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
Celltrion, Inc. * | 22,881 | 1,850,166 |
Hanmi Pharm Co., Ltd. | 2,346 | 1,238,730 |
Hanmi Science Co., Ltd. | 6,000 | 715,614 |
Yuhan Corp. | 2,866 | 599,063 |
4,403,573 | ||
Retailing 0.1% | ||
Hotel Shilla Co., Ltd. | 11,208 | 574,583 |
Hyundai Department Store Co., Ltd. | 8,016 | 878,279 |
Lotte Shopping Co., Ltd. | 5,088 | 1,028,544 |
Shinsegae Co., Ltd. | 2,413 | 414,622 |
2,896,028 | ||
Semiconductors & Semiconductor Equipment 0.1% | ||
SK Hynix, Inc. | 184,765 | 4,482,049 |
Software & Services 0.2% | ||
Kakao Corp. * | 10,509 | 806,424 |
NAVER Corp. | 8,703 | 4,025,322 |
NCSoft Corp. | 6,810 | 1,321,582 |
NHN Entertainment Corp. * | 7,478 | 329,547 |
Samsung SDS Co., Ltd. | 8,860 | 1,328,964 |
7,811,839 | ||
Technology Hardware & Equipment 0.9% | ||
LG Display Co., Ltd. ADR * | 180,700 | 1,808,807 |
Samsung Electro-Mechanics Co., Ltd. | 18,815 | 824,592 |
Samsung Electronics Co., Ltd. GDR | 76,496 | 36,679,832 |
Samsung SDI Co., Ltd. | 19,303 | 1,559,287 |
40,872,518 | ||
Telecommunication Services 0.1% | ||
KT Corp. ADR * | 124,683 | 1,487,468 |
LG Uplus Corp. | 87,570 | 754,120 |
SK Telecom Co., Ltd. ADR | 116,324 | 2,421,866 |
4,663,454 | ||
Transportation 0.0% | ||
CJ Korea Express Co., Ltd. * | 3,145 | 497,168 |
Hyundai Glovis Co., Ltd. | 6,249 | 972,696 |
Hyundai Merchant Marine Co., Ltd. * | 13,216 | 31,525 |
Korean Air Lines Co., Ltd. * | 20,781 | 431,852 |
1,933,241 |
Security | Number of Shares | Value ($) |
Utilities 0.1% | ||
Korea Electric Power Corp. ADR * | 180,700 | 4,253,678 |
Korea Gas Corp. | 9,633 | 299,108 |
4,552,786 | ||
168,616,460 | ||
Singapore 1.1% | ||
Banks 0.4% | ||
DBS Group Holdings Ltd. | 627,868 | 6,061,958 |
Oversea-Chinese Banking Corp., Ltd. | 1,086,530 | 6,233,904 |
United Overseas Bank Ltd. | 427,152 | 5,208,245 |
17,504,107 | ||
Capital Goods 0.1% | ||
Keppel Corp., Ltd. | 517,974 | 1,907,579 |
Singapore Technologies Engineering Ltd. | 772,319 | 1,641,772 |
Yangzijiang Shipbuilding Holdings Ltd. | 1,185,952 | 763,063 |
4,312,414 | ||
Consumer Services 0.0% | ||
Genting Singapore plc | 2,164,806 | 1,162,012 |
Diversified Financials 0.0% | ||
Singapore Exchange Ltd. | 244,307 | 1,261,007 |
Food & Staples Retailing 0.0% | ||
Olam International Ltd. | 309,792 | 351,298 |
Food, Beverage & Tobacco 0.1% | ||
Golden Agri-Resources Ltd. | 3,614,000 | 950,681 |
Wilmar International Ltd. | 809,551 | 1,789,985 |
2,740,666 | ||
Media 0.0% | ||
Singapore Press Holdings Ltd. | 482,799 | 1,276,892 |
Real Estate 0.2% | ||
Ascendas Real Estate Investment Trust | 613,226 | 1,055,069 |
CapitaLand Commercial Trust Ltd. | 1,097,833 | 1,116,136 |
CapitaLand Ltd. | 1,249,574 | 2,647,421 |
CapitaLand Mall Trust | 1,070,728 | 1,667,125 |
City Developments Ltd. | 216,939 | 1,096,610 |
Global Logistic Properties Ltd. | 1,224,513 | 1,532,219 |
Wing Tai Holdings Ltd. | 520,757 | 577,570 |
9,692,150 | ||
Technology Hardware & Equipment 0.0% | ||
Venture Corp., Ltd. | 130,384 | 756,413 |
Telecommunication Services 0.2% | ||
Singapore Telecommunications Ltd. | 2,663,778 | 7,064,016 |
Transportation 0.1% | ||
ComfortDelGro Corp., Ltd. | 1,173,253 | 2,510,747 |
Hutchison Port Holdings Trust | 1,807,000 | 849,290 |
SIA Engineering Co., Ltd. | 226,846 | 556,410 |
Singapore Airlines Ltd. | 183,124 | 1,514,153 |
Singapore Post Ltd. | 972,512 | 999,097 |
6,429,697 | ||
52,550,672 |
Security | Number of Shares | Value ($) |
Spain 2.6% | ||
Banks 1.0% | ||
Banco Bilbao Vizcaya Argentaria S.A. | 2,175,947 | 13,842,835 |
Banco de Sabadell S.A. | 1,707,622 | 2,721,897 |
Banco Popular Espanol S.A. | 575,516 | 1,380,722 |
Banco Santander S.A. | 5,020,211 | 20,471,532 |
Bankia S.A. | 1,624,796 | 1,387,622 |
Bankinter S.A. | 209,612 | 1,389,071 |
CaixaBank S.A. | 672,204 | 1,933,325 |
43,127,004 | ||
Capital Goods 0.1% | ||
ACS, Actividades de Construccion y Servicios S.A. | 72,280 | 1,882,112 |
Ferrovial S.A. | 182,507 | 3,535,743 |
Zardoya Otis S.A. | 54,276 | 580,890 |
5,998,745 | ||
Diversified Financials 0.0% | ||
Corporacion Financiera Alba S.A. | 14,456 | 510,483 |
Energy 0.1% | ||
Repsol S.A. | 390,312 | 4,039,067 |
Food & Staples Retailing 0.0% | ||
Distribuidora Internacional de Alimentacion S.A. * | 249,774 | 1,260,345 |
Insurance 0.0% | ||
Mapfre S.A. | 267,436 | 523,049 |
Media 0.0% | ||
Mediaset Espana Comunicacion S.A. | 48,789 | 527,572 |
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
Grifols S.A. | 120,574 | 2,646,396 |
Retailing 0.3% | ||
Industria de Diseno Textil S.A. | 393,775 | 12,245,248 |
Software & Services 0.1% | ||
Amadeus IT Holding S.A., A Shares | 140,946 | 5,691,631 |
Telecommunication Services 0.3% | ||
Telefonica S.A. | 1,465,907 | 14,723,673 |
Transportation 0.1% | ||
Abertis Infraestructuras S.A. | 160,037 | 2,408,352 |
Aena S.A. *(d) | 20,434 | 2,324,609 |
4,732,961 | ||
Utilities 0.5% | ||
Acciona S.A. | 17,258 | 1,319,556 |
Enagas S.A. | 81,315 | 2,294,081 |
Endesa S.A. | 116,336 | 2,108,434 |
Gas Natural SDG S.A. | 116,330 | 2,038,174 |
Iberdrola S.A. | 1,962,121 | 12,714,908 |
Red Electrica Corp. S.A. | 28,967 | 2,302,331 |
22,777,484 | ||
118,803,658 | ||
Sweden 2.6% | ||
Banks 0.7% | ||
Nordea Bank AB | 1,063,833 | 10,608,727 |
Skandinaviska Enskilda Banken AB, A Shares | 481,068 | 4,710,477 |
Security | Number of Shares | Value ($) |
Svenska Handelsbanken AB, A Shares | 548,700 | 7,033,715 |
Swedbank AB, A Shares | 372,408 | 7,544,504 |
29,897,423 | ||
Capital Goods 0.7% | ||
Alfa Laval AB | 128,297 | 2,016,567 |
Assa Abloy AB, B Shares | 315,408 | 6,062,926 |
Atlas Copco AB, A Shares | 206,296 | 4,654,864 |
Atlas Copco AB, B Shares | 136,687 | 2,877,320 |
Sandvik AB | 336,102 | 3,064,046 |
Skanska AB, B Shares | 135,817 | 2,893,795 |
SKF AB, B Shares | 149,508 | 2,468,329 |
Trelleborg AB, B Shares | 115,705 | 1,925,071 |
Volvo AB, B Shares | 531,258 | 5,344,187 |
31,307,105 | ||
Commercial & Professional Services 0.1% | ||
Securitas AB, B Shares | 153,831 | 2,305,074 |
Consumer Durables & Apparel 0.1% | ||
Electrolux AB, Series B | 95,164 | 2,234,812 |
Diversified Financials 0.2% | ||
Industrivarden AB, A Shares | 104,806 | 1,797,427 |
Industrivarden AB, C Shares | 23,497 | 361,939 |
Investment AB Kinnevik, B Shares | 50,596 | 1,258,288 |
Investor AB, B Shares | 160,955 | 5,342,741 |
8,760,395 | ||
Energy 0.0% | ||
Lundin Petroleum AB * | 72,305 | 1,127,227 |
Food, Beverage & Tobacco 0.1% | ||
Swedish Match AB | 82,360 | 2,653,310 |
Health Care Equipment & Services 0.0% | ||
Getinge AB, B Shares | 75,894 | 1,685,080 |
Household & Personal Products 0.1% | ||
Svenska Cellulosa AB SCA, B Shares | 207,805 | 6,210,754 |
Materials 0.0% | ||
Boliden AB | 68,666 | 1,034,519 |
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
Meda AB, A Shares | 61,438 | 1,090,146 |
Retailing 0.2% | ||
Hennes & Mauritz AB, B Shares | 327,143 | 10,630,652 |
Technology Hardware & Equipment 0.3% | ||
Hexagon AB, B Shares | 88,543 | 3,017,445 |
Telefonaktiebolaget LM Ericsson, B Shares | 1,019,148 | 9,391,839 |
12,409,284 | ||
Telecommunication Services 0.1% | ||
Tele2 AB, B Shares | 164,437 | 1,361,230 |
TeliaSonera AB | 918,162 | 4,222,590 |
5,583,820 | ||
116,929,601 | ||
Switzerland 8.0% | ||
Banks 0.0% | ||
Banque Cantonale Vaudoise - Reg'd | 1,807 | 1,165,660 |
Security | Number of Shares | Value ($) |
Capital Goods 0.5% | ||
ABB Ltd. - Reg'd * | 700,737 | 12,593,567 |
Geberit AG - Reg'd | 13,763 | 4,992,542 |
Schindler Holding AG | 21,684 | 3,646,657 |
Schindler Holding AG - Reg'd | 14,646 | 2,496,878 |
Sulzer AG - Reg'd | 5,421 | 512,709 |
24,242,353 | ||
Commercial & Professional Services 0.2% | ||
Adecco S.A. - Reg'd * | 61,438 | 3,593,136 |
DKSH Holding AG * | 14,456 | 920,191 |
SGS S.A. - Reg'd | 1,807 | 3,661,171 |
8,174,498 | ||
Consumer Durables & Apparel 0.4% | ||
Cie Financiere Richemont S.A. - Reg'd | 182,507 | 11,690,709 |
The Swatch Group AG | 10,185 | 3,553,502 |
The Swatch Group AG - Reg'd | 22,166 | 1,548,949 |
16,793,160 | ||
Diversified Financials 0.7% | ||
Credit Suisse Group AG - Reg'd * | 636,234 | 8,585,326 |
GAM Holding AG * | 68,666 | 989,314 |
Julius Baer Group Ltd. * | 77,769 | 3,127,938 |
Pargesa Holding S.A. | 9,035 | 533,845 |
Partners Group Holding AG | 4,418 | 1,609,066 |
UBS Group AG - Reg'd | 1,265,345 | 19,488,346 |
34,333,835 | ||
Energy 0.0% | ||
Transocean Ltd. (a) | 163,014 | 1,435,374 |
Food, Beverage & Tobacco 1.8% | ||
Aryzta AG * | 34,333 | 1,646,330 |
Chocoladefabriken Lindt & Sprungli AG | 200 | 1,148,594 |
Chocoladefabriken Lindt & Sprungli AG - Reg'd | 22 | 1,515,813 |
Nestle S.A. - Reg'd | 1,087,015 | 76,505,775 |
80,816,512 | ||
Health Care Equipment & Services 0.1% | ||
Sonova Holding AG - Reg'd | 19,877 | 2,396,815 |
Insurance 0.6% | ||
Baloise Holding AG - Reg'd | 16,263 | 2,057,367 |
Helvetia Holding AG - Reg'd | 1,000 | 531,125 |
Swiss Life Holding AG - Reg'd * | 9,840 | 2,410,602 |
Swiss Re AG | 127,328 | 11,358,527 |
Zurich Insurance Group AG * | 54,210 | 11,565,889 |
27,923,510 | ||
Materials 0.6% | ||
Clariant AG - Reg'd * | 58,676 | 985,003 |
EMS-Chemie Holding AG - Reg'd | 1,000 | 466,867 |
Givaudan S.A. - Reg'd | 3,662 | 6,893,825 |
LafargeHolcim Ltd. - Reg'd * | 139,396 | 5,538,052 |
Sika AG | 717 | 2,737,702 |
Syngenta AG - Reg'd | 32,841 | 13,245,211 |
29,866,660 | ||
Pharmaceuticals, Biotechnology & Life Sciences 2.8% | ||
Actelion Ltd. - Reg'd * | 35,225 | 4,930,085 |
Galenica AG - Reg'd | 1,062 | 1,603,663 |
Lonza Group AG - Reg'd * | 14,456 | 2,206,137 |
Novartis AG - Reg'd | 737,081 | 53,023,949 |
Security | Number of Shares | Value ($) |
Roche Holding AG | 248,020 | 63,997,128 |
Roche Holding AG, Bearer Shares | 7,336 | 1,868,986 |
127,629,948 | ||
Real Estate 0.1% | ||
PSP Swiss Property AG - Reg'd * | 6,002 | 513,726 |
Swiss Prime Site AG - Reg'd * | 27,105 | 2,270,996 |
2,784,722 | ||
Retailing 0.0% | ||
Dufry AG - Reg'd * | 14,912 | 1,569,054 |
Telecommunication Services 0.1% | ||
Swisscom AG - Reg'd | 9,459 | 4,645,926 |
Transportation 0.1% | ||
Kuehne & Nagel International AG - Reg'd | 18,070 | 2,358,534 |
366,136,561 | ||
United Kingdom 17.4% | ||
Automobiles & Components 0.1% | ||
GKN plc | 594,503 | 2,278,373 |
Banks 1.9% | ||
Barclays plc | 5,840,945 | 14,004,769 |
CYBG plc * | 226,879 | 597,577 |
HSBC Holdings plc | 6,707,725 | 42,967,557 |
Lloyds Banking Group plc | 21,346,370 | 21,537,770 |
Royal Bank of Scotland Group plc * | 1,082,583 | 3,377,952 |
Standard Chartered plc | 930,908 | 5,584,286 |
88,069,911 | ||
Capital Goods 0.8% | ||
Ashtead Group plc | 186,121 | 2,396,655 |
BAE Systems plc | 1,150,000 | 8,221,543 |
Bunzl plc | 97,578 | 2,628,584 |
Cobham plc | 352,365 | 1,268,888 |
DCC plc | 29,457 | 2,315,292 |
IMI plc | 117,906 | 1,397,489 |
Meggitt plc | 231,296 | 1,347,357 |
Melrose Industries plc | 72,333 | 331,542 |
Rolls-Royce Holdings plc * | 698,207 | 6,606,815 |
Smiths Group plc | 166,244 | 2,321,410 |
The Weir Group plc | 65,052 | 865,769 |
Travis Perkins plc | 88,543 | 2,211,212 |
Wolseley plc | 108,479 | 5,602,595 |
37,515,151 | ||
Commercial & Professional Services 0.4% | ||
Aggreko plc | 92,448 | 1,139,550 |
Babcock International Group plc | 96,524 | 1,230,820 |
Capita plc | 225,875 | 3,154,090 |
Experian plc | 355,979 | 5,868,772 |
G4S plc | 513,188 | 1,488,287 |
Intertek Group plc | 45,175 | 1,839,571 |
Rentokil Initial plc | 805,922 | 1,863,278 |
16,584,368 | ||
Consumer Durables & Apparel 0.3% | ||
Barratt Developments plc | 282,198 | 2,320,300 |
Berkeley Group Holdings plc | 47,151 | 2,134,906 |
Burberry Group plc | 175,924 | 3,236,213 |
Persimmon plc * | 81,649 | 2,485,087 |
Taylor Wimpey plc | 1,264,900 | 3,282,268 |
13,458,774 |
Security | Number of Shares | Value ($) |
Consumer Services 0.6% | ||
Carnival plc | 78,767 | 3,927,560 |
Compass Group plc | 566,078 | 9,987,301 |
InterContinental Hotels Group plc | 79,900 | 3,034,250 |
Merlin Entertainments plc (d) | 225,109 | 1,439,310 |
TUI AG | 138,180 | 2,064,325 |
Whitbread plc | 74,087 | 4,048,340 |
William Hill plc | 465,074 | 2,659,914 |
27,161,000 | ||
Diversified Financials 0.3% | ||
3i Group plc | 388,505 | 2,371,964 |
Aberdeen Asset Management plc | 499,046 | 1,678,866 |
Ashmore Group plc (a) | 124,683 | 402,076 |
Hargreaves Lansdown plc | 83,122 | 1,435,243 |
ICAP plc | 301,769 | 1,828,531 |
Investec plc | 142,753 | 942,779 |
London Stock Exchange Group plc | 96,576 | 3,604,275 |
Provident Financial plc | 36,808 | 1,666,595 |
Schroders plc | 56,017 | 2,042,188 |
15,972,517 | ||
Energy 2.1% | ||
BP plc | 6,307,817 | 30,894,472 |
John Wood Group plc | 182,507 | 1,587,093 |
Petrofac Ltd. | 93,964 | 1,185,736 |
Royal Dutch Shell plc, A Shares | 1,462,007 | 33,567,038 |
Royal Dutch Shell plc, B Shares | 1,317,053 | 30,193,072 |
Tullow Oil plc * | 184,935 | 435,556 |
97,862,967 | ||
Food & Staples Retailing 0.3% | ||
J Sainsbury plc | 571,392 | 2,025,767 |
Tesco plc * | 2,855,060 | 7,177,776 |
Wm Morrison Supermarkets plc | 954,096 | 2,645,960 |
11,849,503 | ||
Food, Beverage & Tobacco 2.3% | ||
Associated British Foods plc | 133,718 | 6,347,061 |
British American Tobacco plc | 650,602 | 35,591,683 |
Coca-Cola HBC AG CDI * | 72,280 | 1,385,029 |
Diageo plc | 871,358 | 22,574,293 |
Imperial Brands plc | 328,205 | 17,026,212 |
SABMiller plc | 329,149 | 19,164,572 |
Tate & Lyle plc | 198,770 | 1,626,025 |
103,714,875 | ||
Health Care Equipment & Services 0.1% | ||
Smith & Nephew plc | 307,190 | 5,021,613 |
Household & Personal Products 0.9% | ||
Reckitt Benckiser Group plc | 229,542 | 20,984,767 |
Unilever plc | 424,668 | 18,298,992 |
39,283,759 | ||
Insurance 1.0% | ||
Admiral Group plc | 56,093 | 1,353,925 |
Aviva plc | 1,543,463 | 9,425,551 |
Direct Line Insurance Group plc | 485,052 | 2,626,813 |
Legal & General Group plc | 2,108,093 | 6,668,893 |
Old Mutual plc | 1,722,278 | 4,087,484 |
Prudential plc | 881,530 | 15,448,390 |
RSA Insurance Group plc | 277,049 | 1,680,674 |
Security | Number of Shares | Value ($) |
St. James's Place plc | 124,683 | 1,490,846 |
Standard Life plc | 629,426 | 2,925,356 |
45,707,932 | ||
Materials 1.1% | ||
Anglo American plc (a) | 444,230 | 2,973,127 |
Antofagasta plc | 93,964 | 646,884 |
BHP Billiton plc | 745,852 | 7,566,973 |
CRH plc | 277,641 | 7,134,814 |
Croda International plc | 58,349 | 2,416,687 |
DS Smith plc | 322,297 | 1,747,655 |
Fresnillo plc | 45,175 | 629,559 |
Glencore plc * | 4,160,504 | 7,725,940 |
Johnson Matthey plc | 66,538 | 2,371,039 |
Mondi plc | 121,322 | 2,184,440 |
Polymetal International plc | 61,532 | 555,666 |
Randgold Resources Ltd. | 30,719 | 2,776,228 |
Rexam plc | 298,508 | 2,541,765 |
Rio Tinto plc | 424,295 | 11,258,305 |
52,529,082 | ||
Media 0.7% | ||
Daily Mail & General Trust plc, A Shares | 79,508 | 725,201 |
Informa plc | 140,946 | 1,349,422 |
ITV plc | 1,403,145 | 4,861,181 |
Pearson plc | 256,594 | 3,071,693 |
RELX plc | 377,663 | 6,536,785 |
Sky plc | 397,605 | 5,779,288 |
WPP plc | 457,818 | 9,716,971 |
32,040,541 | ||
Pharmaceuticals, Biotechnology & Life Sciences 1.5% | ||
AstraZeneca plc | 439,693 | 25,165,896 |
GlaxoSmithKline plc | 1,680,144 | 32,768,575 |
Hikma Pharmaceuticals plc | 46,998 | 1,231,988 |
Shire plc | 206,490 | 10,900,518 |
70,066,977 | ||
Real Estate 0.3% | ||
Capital & Counties Properties plc | 149,358 | 672,309 |
Derwent London plc | 19,964 | 843,836 |
Hammerson plc | 383,084 | 2,933,593 |
Intu Properties plc | 390,312 | 1,632,904 |
Land Securities Group plc | 283,699 | 3,989,212 |
Segro plc | 355,979 | 2,061,264 |
The British Land Co. plc | 342,161 | 3,142,347 |
15,275,465 | ||
Retailing 0.4% | ||
Dixons Carphone plc | 249,912 | 1,517,444 |
Howden Joinery Group plc | 98,763 | 677,858 |
Inchcape plc | 104,299 | 1,074,145 |
Kingfisher plc | 913,700 | 4,256,750 |
Marks & Spencer Group plc | 589,082 | 3,490,657 |
Next plc | 57,824 | 5,451,476 |
Sports Direct International plc * | 104,012 | 586,472 |
17,054,802 | ||
Semiconductors & Semiconductor Equipment 0.2% | ||
ARM Holdings plc | 498,832 | 6,923,916 |
Security | Number of Shares | Value ($) |
Software & Services 0.1% | ||
Auto Trader Group plc (d) | 314,532 | 1,591,145 |
Rightmove plc | 24,342 | 1,334,531 |
The Sage Group plc | 441,056 | 3,666,421 |
6,592,097 | ||
Telecommunication Services 1.1% | ||
BT Group plc | 2,897,705 | 19,646,046 |
Inmarsat plc | 157,209 | 2,145,952 |
TalkTalk Telecom Group plc (a) | 182,556 | 605,751 |
Vodafone Group plc | 9,206,006 | 28,186,390 |
50,584,139 | ||
Transportation 0.1% | ||
easyJet plc | 78,203 | 1,641,295 |
International Consolidated Airlines Group S.A. | 344,539 | 2,636,021 |
Royal Mail plc | 192,165 | 1,217,692 |
5,495,008 | ||
Utilities 0.8% | ||
Centrica plc | 1,782,127 | 5,165,830 |
National Grid plc | 1,267,690 | 17,021,700 |
Pennon Group plc | 147,664 | 1,677,144 |
Severn Trent plc | 92,157 | 2,743,265 |
SSE plc | 381,277 | 7,359,165 |
United Utilities Group plc | 248,116 | 3,200,143 |
37,167,247 | ||
798,210,017 | ||
Total Common Stock | ||
(Cost $5,054,199,633) | 4,526,256,713 | |
Preferred Stock 0.6% of net assets | ||
Germany 0.4% | ||
Automobiles & Components 0.2% | ||
Bayerische Motoren Werke AG | 12,004 | 814,010 |
Porsche Automobil Holding SE | 57,824 | 2,650,114 |
Volkswagen AG | 59,054 | 6,910,585 |
10,374,709 | ||
Household & Personal Products 0.2% | ||
Henkel AG & Co. KGaA | 60,857 | 6,138,970 |
Materials 0.0% | ||
Fuchs Petrolub SE | 24,082 | 989,740 |
17,503,419 | ||
Republic of Korea 0.2% | ||
Automobiles & Components 0.1% | ||
Hyundai Motor Co. | 7,653 | 628,107 |
Hyundai Motor Co. 2nd | 13,800 | 1,149,349 |
1,777,456 | ||
Technology Hardware & Equipment 0.1% | ||
Samsung Electronics Co., Ltd. | 6,500 | 5,182,340 |
6,959,796 |
Security | Number of Shares | Value ($) |
Spain 0.0% | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
Grifols S.A., B Shares | 73,360 | 1,148,213 |
Total Preferred Stock | ||
(Cost $32,456,334) | 25,611,428 | |
Rights 0.0% of net assets | ||
Italy 0.0% | ||
Utilities 0.0% | ||
Enel Green Power S.p.A. *(b)(e) | 182,507 | 8 |
Spain 0.0% | ||
Banks 0.0% | ||
Banco Popular Espanol S.A. * | 575,516 | 13,132 |
Total Rights | ||
(Cost $12,699) | 13,140 | |
Other Investment Companies 0.6% of net assets | ||
United States 0.6% | ||
Money Market Fund 0.2% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.24% (c) | 7,719,519 | 7,719,519 |
Securities Lending Collateral 0.4% | ||
Wells Fargo Advantage Government Money Market Fund, Institutional Class 0.16% (c) | 19,547,098 | 19,547,098 |
Total Other Investment Companies | ||
(Cost $27,266,617) | 27,266,617 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $18,848,331. |
(b) | Illiquid security. At the period end, the value of these amounted to $8 or 0.0% of net assets. |
(c) | The rate shown is the 7-day yield. |
(d) | Securities exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registrations, normally to qualified institutional buyers. At the period end, the value of these amounted to $7,830,580 or 0.2% of net assets. |
(e) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
ADR — | American Depositary Receipt |
CDI — | CHESS Depositary Interest |
CVA — | Dutch Certificate |
GDR — | Global Depositary Receipt |
Reg'd — | Registered |
REIT — | Real Estate Investment Trust |
RSP — | Risparmio (Convertible Savings Shares) |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
MSCI EAFE, e-mini, Long, expires 03/18/16 | 200 | 15,450,000 | 226,274 |
Holdings by Category | Cost ($) | Value ($) | |
98.9% | Common Stock | 656,636,655 | 624,810,081 |
0.3% | Preferred Stock | 1,972,980 | 2,170,247 |
0.0% | Rights | — | 13,612 |
4.4% | Other Investment Companies | 27,268,534 | 27,462,046 |
103.6% | Total Investments | 685,878,169 | 654,455,986 |
(3.6%) | Other Assets and Liabilities, Net | (22,956,555) | |
100.0% | Net Assets | 631,499,431 |
Security | Number of Shares | Value ($) |
Common Stock 98.9% of net assets | ||
Australia 4.9% | ||
Automobiles & Components 0.1% | ||
ARB Corp., Ltd. | 27,098 | 291,676 |
Banks 0.0% | ||
Genworth Mortgage Insurance Australia Ltd. | 144,569 | 224,071 |
Capital Goods 0.1% | ||
Cardno Ltd. (b) | 71,406 | 56,612 |
GWA Group Ltd. | 124,265 | 205,027 |
Monadelphous Group Ltd. (b) | 27,984 | 126,321 |
RCR Tomlinson Ltd. | 50,645 | 44,493 |
Seven Group Holdings Ltd. (b) | 58,541 | 245,860 |
UGL Ltd. * | 72,906 | 149,450 |
827,763 | ||
Commercial & Professional Services 0.3% | ||
Broadspectrum Ltd. * | 268,656 | 221,630 |
Cleanaway Waste Management Ltd. | 471,978 | 276,430 |
McMillan Shakespeare Ltd. | 27,098 | 216,967 |
Mineral Resources Ltd. (b) | 61,184 | 251,716 |
Programmed Maintenance Services Ltd. | 58,563 | 54,795 |
SAI Global Ltd. | 117,193 | 313,894 |
Spotless Group Holdings Ltd. | 409,638 | 352,564 |
Tox Free Solutions Ltd. | 76,866 | 135,058 |
1,823,054 | ||
Consumer Durables & Apparel 0.1% | ||
Breville Group Ltd. | 48,885 | 266,061 |
G.U.D. Holdings Ltd. | 45,217 | 217,030 |
483,091 |
Security | Number of Shares | Value ($) |
Consumer Services 0.5% | ||
Ainsworth Game Technology Ltd. (b) | 91,068 | 142,449 |
Ardent Leisure Group | 210,289 | 298,145 |
Domino's Pizza Enterprises Ltd. | 26,442 | 1,109,753 |
G8 Education Ltd. (b) | 177,520 | 432,366 |
InvoCare Ltd. (b) | 49,116 | 438,163 |
Mantra Group Ltd. | 71,166 | 215,012 |
Navitas Ltd. (b) | 146,206 | 489,766 |
Retail Food Group Ltd. (b) | 63,480 | 195,418 |
Slater & Gordon Ltd. (b) | 154,295 | 63,919 |
3,384,991 | ||
Diversified Financials 0.2% | ||
BT Investment Management Ltd. | 65,754 | 429,258 |
FlexiGroup Ltd. | 136,553 | 222,375 |
Magellan Financial Group Ltd. | 47,295 | 740,806 |
OzForex Group Ltd. | 109,063 | 148,396 |
1,540,835 | ||
Energy 0.1% | ||
Beach Energy Ltd. | 615,158 | 232,870 |
Liquefied Natural Gas Ltd. *(b) | 171,872 | 74,269 |
307,139 | ||
Food, Beverage & Tobacco 0.2% | ||
Australian Agricultural Co., Ltd. * | 135,629 | 116,248 |
Bega Cheese Ltd. | 55,405 | 231,106 |
GrainCorp Ltd., Class A | 76,651 | 429,772 |
Select Harvests Ltd. | 35,558 | 108,700 |
Tassal Group Ltd. | 55,482 | 152,172 |
1,037,998 | ||
Health Care Equipment & Services 0.3% | ||
Australian Pharmaceutical Industries Ltd. | 166,989 | 231,984 |
Estia Health Ltd. | 45,152 | 187,371 |
Greencross Ltd. (b) | 38,861 | 208,729 |
Japara Healthcare Ltd. | 136,477 | 297,310 |
Primary Health Care Ltd. | 150,000 | 341,769 |
Regis Healthcare Ltd. | 48,595 | 179,792 |
Sigma Pharmaceuticals Ltd. | 420,501 | 249,285 |
1,696,240 | ||
Household & Personal Products 0.0% | ||
Asaleo Care Ltd. | 163,911 | 201,366 |
Insurance 0.1% | ||
Cover-More Group Ltd. | 128,387 | 139,385 |
nib Holdings Ltd. | 198,213 | 509,665 |
Steadfast Group Ltd. | 163,402 | 193,155 |
842,205 | ||
Materials 0.6% | ||
Brickworks Ltd. | 25,627 | 268,155 |
Evolution Mining Ltd. | 345,694 | 432,096 |
Highfield Resources Ltd. * | 121,857 | 161,452 |
Independence Group NL | 173,294 | 316,865 |
Jacana Minerals Ltd. (a)(e) | 8,715 | — |
Northern Star Resources Ltd. | 244,350 | 680,655 |
Pact Group Holdings Ltd. | 97,257 | 327,879 |
Regis Resources Ltd. | 182,284 | 335,906 |
Sandfire Resources NL | 69,488 | 282,405 |
Saracen Mineral Holdings Ltd. * | 374,900 | 261,078 |
Syrah Resources Ltd. * | 68,419 | 216,486 |
Security | Number of Shares | Value ($) |
TFS Corp., Ltd. (b) | 155,676 | 185,134 |
Western Areas Ltd. (b) | 107,132 | 159,160 |
3,627,271 | ||
Media 0.1% | ||
Nine Entertainment Co. Holdings Ltd. | 276,376 | 295,115 |
Southern Cross Media Group Ltd. | 316,177 | 245,025 |
Ten Network Holdings Ltd. * | 120,145 | 86,672 |
Village Roadshow Ltd. | 38,277 | 145,172 |
771,984 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
Mayne Pharma Group Ltd. * | 335,067 | 296,759 |
Sirtex Medical Ltd. | 20,017 | 457,509 |
Starpharma Holdings Ltd. * | 184,914 | 81,886 |
836,154 | ||
Real Estate 0.6% | ||
Abacus Property Group | 219,057 | 453,738 |
Aveo Group | 209,218 | 473,706 |
BWP Trust | 288,534 | 667,717 |
Charter Hall Group | 165,803 | 522,253 |
Charter Hall Retail REIT | 165,147 | 508,391 |
Cromwell Property Group | 678,599 | 491,960 |
Investa Office Fund | 275,333 | 780,727 |
New South Resources Ltd. * | 140,833 | 157,926 |
4,056,418 | ||
Retailing 0.5% | ||
Automotive Holdings Group Ltd. | 100,000 | 289,986 |
Burson Group Ltd. | 96,851 | 325,127 |
JB Hi-Fi Ltd. (b) | 47,910 | 757,282 |
Myer Holdings Ltd. (b) | 280,459 | 231,367 |
Pacific Brands Ltd. * | 406,099 | 263,951 |
Premier Investments Ltd. | 38,853 | 365,755 |
Super Retail Group Ltd. (b) | 67,075 | 389,974 |
The Reject Shop Ltd. | 18,438 | 179,498 |
Thorn Group Ltd. | 88,137 | 112,054 |
2,914,994 | ||
Software & Services 0.4% | ||
Altium Ltd. | 57,692 | 231,169 |
carsales.com Ltd. (b) | 98,849 | 822,524 |
IRESS Ltd. | 55,000 | 421,907 |
iSentia Group Ltd. | 78,787 | 197,520 |
MYOB Group Ltd. * | 80,000 | 172,563 |
NEXTDC Ltd. * | 133,648 | 243,418 |
Technology One Ltd. | 79,195 | 263,027 |
2,352,128 | ||
Telecommunication Services 0.2% | ||
Vocus Communications Ltd. (b) | 211,054 | 1,236,112 |
Transportation 0.1% | ||
Qube Holdings Ltd. (b) | 303,704 | 494,579 |
Virgin Australia Holdings Ltd. * | 655,551 | 208,361 |
Virgin Australia International Holdings Ltd. (a)(e) | 424,000 | — |
702,940 | ||
Utilities 0.3% | ||
DUET Group | 979,060 | 1,587,396 |
30,745,826 |
Security | Number of Shares | Value ($) |
Austria 1.0% | ||
Capital Goods 0.2% | ||
Semperit AG Holding | 3,227 | 104,137 |
Wienerberger AG | 47,851 | 845,659 |
Zumtobel Group AG | 11,598 | 195,769 |
1,145,565 | ||
Energy 0.1% | ||
Schoeller-Bleckmann Oilfield Equipment AG | 4,886 | 277,124 |
Insurance 0.0% | ||
UNIQA Insurance Group AG | 40,078 | 243,252 |
Materials 0.1% | ||
Lenzing AG | 3,329 | 214,857 |
Mayr Melnhof Karton AG | 3,855 | 422,425 |
RHI AG | 12,693 | 212,115 |
849,397 | ||
Real Estate 0.4% | ||
BUWOG AG * | 25,682 | 530,610 |
CA Immobilien Anlagen AG * | 35,971 | 611,083 |
Conwert Immobilien Invest SE * | 37,808 | 527,676 |
IMMOFINANZ AG * | 394,248 | 802,766 |
S IMMO AG * | 29,250 | 245,036 |
2,717,171 | ||
Transportation 0.1% | ||
Flughafen Wien AG | 1,332 | 116,188 |
Oesterreichische Post AG | 13,739 | 493,971 |
610,159 | ||
Utilities 0.1% | ||
EVN AG | 11,947 | 129,044 |
Verbund AG (b) | 24,860 | 271,062 |
400,106 | ||
6,242,774 | ||
Belgium 1.6% | ||
Capital Goods 0.0% | ||
Cie d'Entreprises CFE | 2,434 | 233,339 |
Consumer Durables & Apparel 0.0% | ||
Van de Velde N.V. | 3,694 | 236,007 |
Diversified Financials 0.3% | ||
Ackermans & van Haaren N.V. | 11,123 | 1,468,412 |
Gimv N.V. | 6,731 | 324,869 |
KBC Ancora | 6,837 | 218,220 |
2,011,501 | ||
Energy 0.1% | ||
Euronav S.A. | 55,091 | 553,218 |
Health Care Equipment & Services 0.1% | ||
AGFA-Gevaert N.V. * | 85,318 | 314,353 |
Ion Beam Applications | 6,960 | 281,548 |
595,901 | ||
Household & Personal Products 0.2% | ||
Ontex Group N.V. | 28,857 | 1,016,986 |
Security | Number of Shares | Value ($) |
Materials 0.2% | ||
Bekaert N.V. (b) | 13,378 | 478,811 |
Nyrstar N.V. * | 382,080 | 280,226 |
Tessenderlo Chemie N.V. * | 9,560 | 322,789 |
1,081,826 | ||
Media 0.0% | ||
Kinepolis Group N.V. | 4,901 | 215,883 |
Real Estate 0.3% | ||
Befimmo S.A. | 9,000 | 503,127 |
Cofinimmo S.A. | 8,766 | 961,995 |
Warehouses De Pauw SCA | 4,568 | 386,596 |
1,851,718 | ||
Retailing 0.1% | ||
D'Ieteren S.A. N.V. | 14,116 | 521,483 |
Semiconductors & Semiconductor Equipment 0.1% | ||
Melexis N.V. | 9,706 | 495,507 |
Software & Services 0.0% | ||
Econocom Group S.A. N.V. | 24,268 | 202,509 |
Technology Hardware & Equipment 0.1% | ||
Barco N.V. | 4,182 | 281,134 |
Telecommunication Services 0.0% | ||
Mobistar S.A. * | 12,260 | 255,499 |
Utilities 0.1% | ||
Elia System Operator S.A. N.V. | 10,309 | 495,655 |
10,048,166 | ||
Canada 14.7% | ||
Automobiles & Components 0.2% | ||
Linamar Corp. | 22,170 | 967,257 |
Martinrea International, Inc. | 29,904 | 194,268 |
1,161,525 | ||
Banks 0.3% | ||
Canadian Western Bank (b) | 28,360 | 416,837 |
Genworth MI Canada, Inc. | 15,192 | 307,406 |
Home Capital Group, Inc. (b) | 31,163 | 782,181 |
Laurentian Bank of Canada | 9,807 | 330,496 |
1,836,920 | ||
Capital Goods 0.8% | ||
Aecon Group, Inc. | 23,731 | 244,388 |
ATS Automation Tooling Systems, Inc. * | 34,398 | 252,919 |
CAE, Inc. | 110,908 | 1,221,576 |
MacDonald, Dettwiler & Associates Ltd. | 16,152 | 1,061,696 |
Russel Metals, Inc. | 26,057 | 333,359 |
Toromont Industries Ltd. | 34,399 | 807,282 |
WSP Global, Inc. | 35,308 | 940,956 |
4,862,176 | ||
Commercial & Professional Services 0.5% | ||
Black Diamond Group Ltd. | 15,192 | 44,973 |
Progressive Waste Solutions Ltd. | 43,543 | 1,299,604 |
Ritchie Bros. Auctioneers, Inc. | 35,185 | 841,053 |
Stantec, Inc. | 39,111 | 814,788 |
Transcontinental, Inc., Class A | 25,908 | 367,218 |
3,367,636 |
Security | Number of Shares | Value ($) |
Consumer Durables & Apparel 0.4% | ||
Dorel Industries, Inc., Class B | 13,930 | 329,688 |
Gildan Activewear, Inc. | 95,892 | 2,476,231 |
2,805,919 | ||
Consumer Services 0.1% | ||
Amaya, Inc. * | 42,917 | 620,025 |
Great Canadian Gaming Corp. * | 21,465 | 294,894 |
914,919 | ||
Diversified Financials 0.7% | ||
Canaccord Genuity Group, Inc. | 43,340 | 119,340 |
Element Financial Corp. | 153,499 | 1,623,830 |
Onex Corp. | 37,582 | 2,208,421 |
Sprott, Inc. (b) | 68,855 | 99,120 |
TMX Group Ltd. | 15,093 | 449,581 |
4,500,292 | ||
Energy 2.7% | ||
Advantage Oil & Gas Ltd. * | 72,395 | 367,693 |
AltaGas Ltd. (b) | 58,541 | 1,390,273 |
Athabasca Oil Corp. *(b) | 191,805 | 140,179 |
Bankers Petroleum Ltd. * | 117,152 | 78,701 |
Baytex Energy Corp. | 87,420 | 199,415 |
Birchcliff Energy Ltd. * | 51,182 | 191,186 |
Bonavista Energy Corp. | 90,573 | 157,129 |
Bonterra Energy Corp. | 13,780 | 195,215 |
Canadian Energy Services & Technology Corp. | 80,019 | 180,760 |
Crew Energy, Inc. * | 57,583 | 136,030 |
Denison Mines Corp. * | 193,975 | 88,782 |
Enerflex Ltd. | 37,868 | 289,056 |
Enerplus Corp. | 87,925 | 254,441 |
Ensign Energy Services, Inc. | 50,477 | 186,690 |
Gibson Energy, Inc. | 54,870 | 697,116 |
Gran Tierra Energy, Inc. * | 121,001 | 285,843 |
Kelt Exploration Ltd. * | 55,864 | 148,052 |
Keyera Corp. | 68,590 | 1,899,314 |
Mullen Group Ltd. | 35,517 | 380,708 |
NuVista Energy Ltd. * | 64,655 | 210,966 |
Pacific Exploration & Production Corp. *(b) | 134,248 | 131,810 |
Parex Resources, Inc. * | 59,140 | 426,545 |
Parkland Fuel Corp. | 30,986 | 474,649 |
Pason Systems, Inc. | 29,884 | 363,788 |
Pengrowth Energy Corp. | 232,508 | 173,360 |
Penn West Petroleum Ltd. (b) | 200,328 | 189,296 |
Peyto Exploration & Development Corp. | 58,541 | 1,203,146 |
PrairieSky Royalty Ltd. (b) | 62,199 | 1,011,549 |
Precision Drilling Corp. | 119,011 | 381,299 |
Raging River Exploration, Inc. * | 73,607 | 511,326 |
Secure Energy Services, Inc. | 55,748 | 304,955 |
Seven Generations Energy Ltd., A Shares * | 61,404 | 703,975 |
ShawCor Ltd. | 26,172 | 531,709 |
Surge Energy, Inc. | 95,329 | 150,601 |
TORC Oil & Gas Ltd. | 61,584 | 278,233 |
Trinidad Drilling Ltd. | 94,246 | 103,666 |
Veresen, Inc. (b) | 120,560 | 707,554 |
Vermilion Energy, Inc. | 40,095 | 1,089,249 |
Whitecap Resources, Inc. | 122,228 | 690,273 |
16,904,532 |
Security | Number of Shares | Value ($) |
Food & Staples Retailing 0.4% | ||
Empire Co., Ltd., A Shares | 67,017 | 1,295,220 |
The Jean Coutu Group PJC, Inc., A Shares | 36,826 | 554,592 |
The North West Co., Inc. | 19,813 | 458,978 |
2,308,790 | ||
Food, Beverage & Tobacco 0.2% | ||
Cott Corp. | 43,653 | 534,625 |
Maple Leaf Foods, Inc. | 40,379 | 679,939 |
1,214,564 | ||
Health Care Equipment & Services 0.2% | ||
Chartwell Retirement Residences | 71,628 | 685,294 |
Extendicare, Inc. | 39,296 | 263,114 |
948,408 | ||
Insurance 0.2% | ||
Industrial Alliance Insurance & Financial Services, Inc. | 44,921 | 1,206,096 |
Materials 3.0% | ||
Alacer Gold Corp. * | 97,491 | 195,040 |
Alamos Gold, Inc., Class A | 109,879 | 502,916 |
B2Gold Corp. * | 378,991 | 422,469 |
Canfor Corp. * | 36,387 | 376,065 |
Cascades, Inc. | 21,874 | 159,057 |
CCL Industries, Inc., Class B | 13,947 | 2,130,660 |
Centerra Gold, Inc. | 62,757 | 344,686 |
China Gold International Resources Corp., Ltd. * | 79,016 | 131,829 |
Detour Gold Corp. * | 74,282 | 1,168,573 |
Dominion Diamond Corp. | 34,274 | 359,794 |
Eldorado Gold Corp. | 304,712 | 911,032 |
First Majestic Silver Corp. *(b) | 56,480 | 261,844 |
HudBay Minerals, Inc. | 101,164 | 297,981 |
IAMGOLD Corp. * | 155,981 | 377,689 |
Imperial Metals Corp. * | 23,855 | 88,052 |
Kinross Gold Corp. * | 491,919 | 1,438,062 |
Lundin Mining Corp. * | 272,569 | 756,577 |
Methanex Corp. | 36,691 | 1,159,290 |
Nevsun Resources Ltd. | 87,925 | 285,597 |
New Gold, Inc. * | 207,424 | 701,316 |
Norbord, Inc. | 17,044 | 279,831 |
NOVAGOLD RESOURCES, Inc. * | 96,457 | 477,087 |
OceanaGold Corp. | 257,048 | 709,700 |
Osisko Gold Royalties Ltd. | 37,529 | 387,037 |
Pan American Silver Corp. | 65,525 | 628,355 |
Pretium Resources, Inc. * | 46,720 | 217,976 |
Primero Mining Corp. * | 69,987 | 114,699 |
SEMAFO, Inc. * | 122,626 | 434,523 |
Silver Standard Resources, Inc. * | 25,538 | 147,806 |
Stella-Jones, Inc. | 13,571 | 478,982 |
Tahoe Resources, Inc. | 93,092 | 859,723 |
Torex Gold Resources, Inc. *(b) | 315,742 | 419,560 |
West Fraser Timber Co., Ltd. | 26,436 | 816,343 |
Yamana Gold, Inc. | 405,417 | 1,146,277 |
19,186,428 | ||
Media 0.4% | ||
Aimia, Inc. | 75,680 | 470,416 |
Cineplex, Inc. | 23,984 | 874,302 |
Cogeco Communications, Inc. | 6,483 | 303,571 |
Security | Number of Shares | Value ($) |
Corus Entertainment, Inc., B Shares | 32,447 | 257,737 |
Quebecor, Inc., Class B | 32,909 | 836,937 |
2,742,963 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
Concordia Healthcare Corp. | 16,561 | 481,817 |
Real Estate 1.7% | ||
Allied Properties Real Estate Investment Trust | 31,418 | 731,989 |
Artis Real Estate Investment Trust | 54,833 | 501,941 |
Boardwalk Real Estate Investment Trust | 16,268 | 594,468 |
Canadian Apartment Properties REIT | 50,259 | 1,063,728 |
Canadian Real Estate Investment Trust | 29,625 | 908,477 |
Colliers International Group, Inc. | 13,235 | 454,324 |
Cominar Real Estate Investment Trust | 68,169 | 768,952 |
Dream Office Real Estate Investment Trust | 43,635 | 636,518 |
Dream Unlimited Corp., Class A * | 19,914 | 112,757 |
First Capital Realty, Inc. | 36,710 | 531,165 |
FirstService Corp. | 13,381 | 521,075 |
Granite Real Estate Investment Trust | 18,249 | 515,299 |
H&R Real Estate Investment Trust | 110,984 | 1,538,668 |
InnVest Real Estate Investment Trust | 42,098 | 154,767 |
Morguard Real Estate Investment Trust | 14,165 | 149,116 |
Northview Apartment Real Estate Investment Trust | 14,167 | 184,591 |
Smart Real Estate Investment Trust | 48,099 | 1,142,644 |
10,510,479 | ||
Retailing 0.7% | ||
AutoCanada, Inc. | 10,312 | 126,673 |
Dollarama, Inc. | 45,436 | 2,641,769 |
Hudson's Bay Co. | 47,981 | 606,404 |
RONA, Inc. | 55,638 | 968,510 |
4,343,356 | ||
Software & Services 1.0% | ||
Constellation Software, Inc. | 6,700 | 2,792,178 |
DH Corp. | 42,851 | 1,181,202 |
Open Text Corp. | 51,772 | 2,571,019 |
6,544,399 | ||
Technology Hardware & Equipment 0.2% | ||
Avigilon Corp. *(b) | 16,117 | 154,674 |
Celestica, Inc. * | 58,405 | 600,607 |
Sierra Wireless, Inc. *(b) | 13,407 | 177,163 |
932,444 | ||
Telecommunication Services 0.1% | ||
Manitoba Telecom Services, Inc. | 24,239 | 603,559 |
Transportation 0.1% | ||
TransForce, Inc. | 33,815 | 538,703 |
Westshore Terminals Investment Corp. | 23,577 | 253,419 |
792,122 | ||
Utilities 0.7% | ||
Algonquin Power & Utilities Corp. | 77,889 | 598,571 |
Atco Ltd., Class I | 33,772 | 894,287 |
Capital Power Corp. | 43,123 | 551,692 |
Security | Number of Shares | Value ($) |
Emera, Inc. | 15,680 | 521,355 |
Innergex Renewable Energy, Inc. | 43,110 | 403,540 |
Just Energy Group, Inc. (b) | 51,252 | 299,657 |
Northland Power, Inc. | 39,029 | 548,008 |
Superior Plus Corp. | 58,541 | 374,687 |
TransAlta Corp. (b) | 116,569 | 510,301 |
4,702,098 | ||
92,871,442 | ||
Denmark 1.3% | ||
Banks 0.2% | ||
Spar Nord Bank A/S | 36,717 | 286,145 |
Sydbank A/S | 29,936 | 814,585 |
1,100,730 | ||
Capital Goods 0.3% | ||
FLSmidth & Co. A/S (b) | 20,968 | 777,339 |
NKT Holding A/S | 10,086 | 540,523 |
Rockwool International A/S, B Shares | 2,500 | 363,807 |
Solar A/S, B Shares | 2,440 | 121,558 |
1,803,227 | ||
Consumer Durables & Apparel 0.0% | ||
Bang & Olufsen A/S * | 14,625 | 148,063 |
Food, Beverage & Tobacco 0.2% | ||
Royal Unibrew A/S | 17,477 | 715,129 |
Schouw & Co. | 4,820 | 291,381 |
1,006,510 | ||
Health Care Equipment & Services 0.2% | ||
Ambu A/S, Class B (b) | 9,813 | 335,919 |
GN Store Nord A/S | 63,816 | 1,278,198 |
1,614,117 | ||
Insurance 0.1% | ||
Topdanmark A/S * | 30,387 | 701,589 |
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
ALK-Abello A/S | 2,665 | 385,101 |
Bavarian Nordic A/S * | 8,129 | 335,112 |
720,213 | ||
Retailing 0.0% | ||
Matas A/S | 14,180 | 271,624 |
Software & Services 0.1% | ||
SimCorp A/S | 13,652 | 617,879 |
Transportation 0.1% | ||
Dfds A/S | 13,680 | 489,618 |
8,473,570 | ||
Finland 1.6% | ||
Capital Goods 0.5% | ||
Cargotec Oyj, B Shares | 18,275 | 569,887 |
Cramo Oyj | 10,468 | 209,509 |
Konecranes Oyj | 27,320 | 602,596 |
Outotec Oyj (b) | 74,916 | 244,200 |
Ramirent Oyj | 30,189 | 196,811 |
Uponor Oyj | 21,780 | 291,554 |
Valmet Oyj | 58,303 | 607,202 |
YIT Oyj | 54,944 | 301,781 |
3,023,540 |
Security | Number of Shares | Value ($) |
Commercial & Professional Services 0.1% | ||
Caverion Corp. | 54,400 | 489,417 |
Consumer Durables & Apparel 0.2% | ||
Amer Sports Oyj | 48,334 | 1,349,695 |
Food, Beverage & Tobacco 0.0% | ||
Raisio Oyj, V Shares | 42,657 | 192,348 |
Health Care Equipment & Services 0.1% | ||
Oriola-KD Oyj, B Shares * | 44,148 | 197,632 |
Materials 0.4% | ||
Huhtamaki Oyj | 43,404 | 1,439,814 |
Kemira Oyj (b) | 26,993 | 309,717 |
Metsa Board Oyj | 91,085 | 553,234 |
Outokumpu Oyj *(b) | 86,775 | 296,056 |
2,598,821 | ||
Media 0.0% | ||
Sanoma Oyj | 24,078 | 108,311 |
Real Estate 0.1% | ||
Citycon Oyj * | 162,897 | 378,063 |
Sponda Oyj | 95,666 | 389,589 |
767,652 | ||
Software & Services 0.2% | ||
Tieto Oyj | 31,643 | 829,631 |
Transportation 0.0% | ||
Finnair Oyj * | 31,160 | 179,780 |
9,736,827 | ||
France 3.8% | ||
Automobiles & Components 0.1% | ||
Plastic Omnium S.A. | 22,090 | 704,456 |
Capital Goods 0.3% | ||
Faiveley Transport S.A. | 2,551 | 260,548 |
LISI | 7,551 | 174,018 |
Mersen | 8,484 | 107,024 |
Nexans S.A. * | 14,000 | 562,833 |
Saft Groupe S.A. | 13,949 | 401,339 |
SPIE S.A. * | 20,258 | 349,650 |
Tarkett S.A. | 8,434 | 247,427 |
2,102,839 | ||
Commercial & Professional Services 0.5% | ||
Elior Participations S.C.A. (d) | 49,348 | 1,002,677 |
Elis S.A. | 26,472 | 459,779 |
Teleperformance | 25,217 | 1,950,299 |
3,412,755 | ||
Consumer Durables & Apparel 0.0% | ||
Trigano S.A. | 4,050 | 235,032 |
Diversified Financials 0.2% | ||
Euronext N.V. (d) | 30,387 | 1,168,967 |
Energy 0.1% | ||
Bourbon S.A. (b) | 11,756 | 172,953 |
CGG S.A. * | 284,540 | 179,317 |
Etablissements Maurel et Prom *(b) | 57,638 | 162,829 |
Gaztransport Et Technigaz S.A. | 7,500 | 232,780 |
747,879 | ||
Food & Staples Retailing 0.0% | ||
Rallye S.A. (b) | 11,752 | 191,282 |
Security | Number of Shares | Value ($) |
Food, Beverage & Tobacco 0.1% | ||
Bonduelle S.C.A. | 6,389 | 173,549 |
Vilmorin & Cie S.A. | 2,314 | 160,914 |
334,463 | ||
Health Care Equipment & Services 0.4% | ||
Guerbet | 1,938 | 155,151 |
Korian S.A. | 15,503 | 428,531 |
Orpea | 18,767 | 1,551,777 |
Sartorius Stedim Biotech | 1,612 | 662,775 |
2,798,234 | ||
Insurance 0.0% | ||
Coface S.A. | 32,099 | 230,538 |
Materials 0.1% | ||
Eramet *(b) | 3,675 | 77,066 |
Vicat S.A. | 9,227 | 538,074 |
615,140 | ||
Media 0.4% | ||
Havas S.A. | 78,564 | 575,437 |
IPSOS | 17,766 | 383,177 |
Metropole Television S.A. | 31,413 | 526,654 |
Technicolor S.A. - Reg'd | 140,406 | 853,868 |
2,339,136 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.4% | ||
Boiron S.A. | 1,756 | 135,467 |
DBV Technologies S.A. * | 8,627 | 449,233 |
Eurofins Scientific SE | 3,666 | 1,306,918 |
Genfit *(b) | 8,189 | 253,542 |
Virbac S.A. (b) | 1,827 | 335,089 |
2,480,249 | ||
Real Estate 0.2% | ||
Mercialys S.A. | 17,934 | 394,011 |
Nexity S.A. | 12,563 | 580,139 |
974,150 | ||
Retailing 0.1% | ||
Groupe Fnac S.A. * | 4,864 | 323,441 |
Software & Services 0.5% | ||
Alten S.A. | 10,129 | 583,630 |
Altran Technologies S.A. | 53,869 | 642,382 |
GameLoft SE * | 27,098 | 199,920 |
Sopra Steria Group | 5,347 | 518,349 |
UBISOFT Entertainment * | 37,907 | 1,086,124 |
3,030,405 | ||
Technology Hardware & Equipment 0.1% | ||
Neopost S.A. | 14,124 | 301,097 |
Parrot S.A. * | 4,158 | 95,237 |
396,334 | ||
Transportation 0.1% | ||
Air France-KLM *(b) | 57,586 | 525,213 |
Europcar Groupe S.A. *(d) | 27,925 | 291,283 |
816,496 | ||
Utilities 0.2% | ||
Rubis S.C.A. | 15,868 | 1,175,690 |
24,077,486 |
Security | Number of Shares | Value ($) |
Germany 4.8% | ||
Automobiles & Components 0.1% | ||
ElringKlinger AG | 12,153 | 285,357 |
Leoni AG | 14,368 | 420,185 |
705,542 | ||
Banks 0.2% | ||
Aareal Bank AG | 27,320 | 813,802 |
Deutsche Pfandbriefbank AG *(d) | 36,930 | 334,934 |
1,148,736 | ||
Capital Goods 1.5% | ||
BayWa AG (b) | 8,664 | 264,530 |
Deutz AG | 46,729 | 156,941 |
DMG Mori AG | 14,902 | 614,802 |
Duerr AG | 5,720 | 340,275 |
Heidelberger Druckmaschinen AG * | 64,968 | 131,582 |
Indus Holding AG | 6,657 | 289,652 |
KION Group AG * | 25,458 | 1,272,839 |
Kloeckner & Co. SE | 38,820 | 330,859 |
Krones AG | 6,075 | 653,478 |
KUKA AG | 10,810 | 1,008,948 |
Nordex SE * | 26,831 | 784,076 |
Norma Group SE | 13,243 | 688,235 |
Pfeiffer Vacuum Technology AG | 4,051 | 364,894 |
Rational AG | 1,796 | 892,688 |
Rheinmetall AG | 15,938 | 1,139,141 |
SGL Carbon SE *(b) | 27,550 | 288,598 |
Vossloh AG * | 3,186 | 190,500 |
Wacker Neuson SE | 7,767 | 119,921 |
9,531,959 | ||
Commercial & Professional Services 0.1% | ||
Bertrandt AG | 1,499 | 153,981 |
Bilfinger SE | 13,667 | 592,510 |
746,491 | ||
Consumer Durables & Apparel 0.1% | ||
Gerry Weber International AG | 11,659 | 140,869 |
Puma SE | 1,146 | 245,800 |
386,669 | ||
Diversified Financials 0.1% | ||
Deutsche Beteiligungs AG | 5,584 | 160,177 |
Grenkeleasing AG | 2,656 | 528,837 |
689,014 | ||
Food, Beverage & Tobacco 0.0% | ||
KWS Saat SE | 783 | 235,663 |
Health Care Equipment & Services 0.2% | ||
Carl Zeiss Meditec AG | 5,765 | 181,341 |
CompuGroup Medical SE | 10,129 | 405,394 |
Draegerwerk AG & Co., KGaA | 1,012 | 56,926 |
Rhoen-Klinikum AG | 21,415 | 633,833 |
1,277,494 | ||
Materials 0.2% | ||
Aurubis AG | 19,671 | 891,704 |
BRAAS Monier Building Group S.A. | 5,529 | 126,068 |
H&R AG * | 6,075 | 60,509 |
Salzgitter AG | 17,096 | 391,111 |
1,469,392 |
Security | Number of Shares | Value ($) |
Media 0.2% | ||
CTS Eventim AG & Co., KGaA | 14,268 | 502,216 |
Stroeer SE | 10,137 | 585,634 |
1,087,850 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.4% | ||
Gerresheimer AG | 12,264 | 878,680 |
MorphoSys AG * | 11,129 | 452,672 |
STADA Arzneimittel AG | 26,103 | 888,589 |
2,219,941 | ||
Real Estate 0.7% | ||
alstria Office REIT-AG * | 39,315 | 496,380 |
Deutsche Euroshop AG | 21,638 | 915,392 |
DIC Asset AG | 14,665 | 123,140 |
LEG Immobilien AG * | 24,372 | 2,003,848 |
Patrizia Immobilien AG * | 17,103 | 402,420 |
TAG Immobilien AG | 50,790 | 602,078 |
4,543,258 | ||
Retailing 0.0% | ||
Takkt AG | 11,086 | 202,364 |
Semiconductors & Semiconductor Equipment 0.2% | ||
AIXTRON SE *(b) | 38,793 | 141,668 |
Dialog Semiconductor plc * | 29,717 | 982,877 |
SMA Solar Technology AG *(b) | 4,051 | 187,289 |
1,311,834 | ||
Software & Services 0.2% | ||
Bechtle AG | 5,541 | 475,625 |
Nemetschek AG | 7,777 | 337,582 |
Software AG | 19,896 | 703,990 |
1,517,197 | ||
Technology Hardware & Equipment 0.2% | ||
Jenoptik AG | 22,490 | 296,904 |
Wincor Nixdorf AG * | 13,168 | 670,816 |
967,720 | ||
Telecommunication Services 0.4% | ||
Drillisch AG | 18,019 | 732,532 |
Freenet AG | 47,734 | 1,427,076 |
2,159,608 | ||
Transportation 0.0% | ||
Sixt SE | 5,497 | 256,710 |
30,457,442 | ||
Greece 0.3% | ||
Capital Goods 0.0% | ||
Ellaktor S.A. * | 63,114 | 79,549 |
Metka S.A. | 9,700 | 68,718 |
148,267 | ||
Diversified Financials 0.0% | ||
Hellenic Exchanges - Athens Stock Exchange S.A. Holding | 24,180 | 118,753 |
Energy 0.1% | ||
Hellenic Petroleum S.A. * | 28,250 | 110,502 |
Motor Oil Hellas Corinth Refineries S.A. | 22,505 | 227,411 |
337,913 |
Security | Number of Shares | Value ($) |
Materials 0.1% | ||
Mytilineos Holdings S.A. * | 33,000 | 118,325 |
Titan Cement Co. S.A. | 18,548 | 322,454 |
440,779 | ||
Real Estate 0.0% | ||
Grivalia Properties REIC | 12,800 | 105,560 |
Retailing 0.1% | ||
FF Group * | 14,000 | 228,175 |
JUMBO S.A. * | 41,000 | 498,944 |
727,119 | ||
Utilities 0.0% | ||
Public Power Corp. S.A. | 43,915 | 149,351 |
The Athens Water Supply & Sewage Co. S.A. | 15,118 | 69,484 |
218,835 | ||
2,097,226 | ||
Hong Kong 2.1% | ||
Automobiles & Components 0.1% | ||
Minth Group Ltd. | 252,888 | 457,245 |
Nexteer Automotive Group Ltd. | 387,545 | 366,805 |
824,050 | ||
Banks 0.0% | ||
Chong Hing Bank Ltd. | 83,119 | 160,334 |
Capital Goods 0.1% | ||
China Ocean Shipbuilding Industry Group Ltd. * | 4,668,672 | 109,870 |
FDG Electric Vehicles Ltd. * | 4,234,414 | 220,538 |
Louis XIII Holdings Ltd. * | 432,506 | 117,914 |
Summit Ascent Holdings Ltd. * | 404,264 | 97,737 |
546,059 | ||
Consumer Durables & Apparel 0.2% | ||
Goodbaby International Holdings Ltd. * | 404,583 | 174,817 |
Haier Healthwise Holdings Ltd. * | 1,420,129 | 67,572 |
Man Wah Holdings Ltd. | 321,058 | 379,432 |
Pacific Textiles Holdings Ltd. | 255,025 | 371,904 |
Stella International Holdings Ltd. | 161,272 | 396,950 |
1,390,675 | ||
Consumer Services 0.1% | ||
China LotSynergy Holdings Ltd. | 3,285,372 | 102,243 |
Dynam Japan Holdings Co., Ltd. | 126,829 | 233,233 |
NagaCorp Ltd. | 587,048 | 322,357 |
REXLot Holdings Ltd. (a)(e) | 3,330,028 | 94,212 |
752,045 | ||
Diversified Financials 0.2% | ||
China Financial International Investments Ltd. * | 1,667,370 | 165,104 |
China LNG Group Ltd. | 6,543,665 | 222,999 |
Emperor Capital Group Ltd. | 1,415,880 | 101,965 |
Freeman Financial Corp., Ltd. * | 4,011,348 | 206,341 |
Mason Financial Holdings Ltd. * | 3,659,494 | 141,181 |
Sun Hung Kai & Co., Ltd. | 208,137 | 113,221 |
Value Partners Group Ltd. | 380,741 | 319,726 |
1,270,537 |
Security | Number of Shares | Value ($) |
Energy 0.0% | ||
NewOcean Energy Holdings Ltd. | 409,341 | 143,182 |
Sino Oil & Gas Holdings Ltd. * | 6,811,888 | 166,440 |
309,622 | ||
Health Care Equipment & Services 0.1% | ||
Town Health International Medical Group Ltd. | 1,696,062 | 318,442 |
Materials 0.2% | ||
China Silver Group Ltd. | 364,653 | 84,878 |
CST Mining Group Ltd. * | 11,634,707 | 110,719 |
G-Resources Group Ltd. | 10,666,389 | 301,770 |
KuangChi Science Ltd. * | 694,365 | 271,454 |
MMG Ltd. * | 619,235 | 126,616 |
Superb Summit International Group Ltd. *(a)(e) | 1,120,000 | — |
Yingde Gases Group Co., Ltd. | 445,268 | 160,330 |
1,055,767 | ||
Media 0.0% | ||
Mei Ah Entertainment Group Ltd. * | 1,424,055 | 122,698 |
TOM Group Ltd. * | 819,927 | 189,794 |
312,492 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
China Animal Healthcare Ltd. *(a)(e) | 192,752 | — |
Lee's Pharmaceutical Holdings Ltd. | 130,322 | 110,778 |
The United Laboratories International Holdings Ltd. * | 258,034 | 93,907 |
204,685 | ||
Real Estate 0.3% | ||
Beijing Enterprises Medical & Health Group Ltd. * | 2,373,378 | 152,606 |
Far East Consortium International Ltd. | 462,654 | 130,892 |
Fortune Real Estate Investment Trust | 593,859 | 624,701 |
K Wah International Holdings Ltd. | 453,262 | 160,294 |
Lai Sun Development Co., Ltd. | 6,082,922 | 89,959 |
Midland Holdings Ltd. * | 421,379 | 145,226 |
Sunlight Real Estate Investment Trust | 534,297 | 265,907 |
Yuexiu Real Estate Investment Trust | 613,703 | 321,209 |
1,890,794 | ||
Retailing 0.2% | ||
China Harmony New Energy Auto Holding Ltd. | 332,545 | 181,750 |
Chow Sang Sang Holdings International Ltd. | 128,366 | 180,924 |
Giordano International Ltd. | 534,297 | 200,632 |
Luk Fook Holdings International Ltd. | 138,732 | 274,747 |
Parkson Retail Group Ltd. | 731,842 | 86,584 |
Sincere Watch Hong Kong Ltd. * | 1,108,468 | 68,423 |
993,060 | ||
Semiconductors & Semiconductor Equipment 0.0% | ||
Varitronix International Ltd. | 243,067 | 171,294 |
Software & Services 0.0% | ||
HC International, Inc. * | 281,095 | 153,992 |
Technology Hardware & Equipment 0.2% | ||
China Aerospace International Holdings Ltd. | 968,806 | 118,357 |
GCL New Energy Holdings Ltd. * | 2,678,956 | 149,862 |
Security | Number of Shares | Value ($) |
Ju Teng International Holdings Ltd. | 491,527 | 195,950 |
Suncorp Technologies Ltd. * | 5,303,198 | 102,979 |
TCL Communication Technology Holdings Ltd. | 199,159 | 135,485 |
Technovator International Ltd. * | 223,110 | 101,855 |
Truly International Holdings Ltd. | 735,606 | 169,330 |
973,818 | ||
Telecommunication Services 0.2% | ||
APT Satellite Holdings Ltd. | 154,795 | 120,832 |
CITIC Telecom International Holdings Ltd. | 610,777 | 244,275 |
HKBN Ltd. | 305,892 | 408,320 |
SmarTone Telecommunications Holdings Ltd. | 165,255 | 272,019 |
1,045,446 | ||
Transportation 0.1% | ||
Pacific Basin Shipping Ltd. | 755,452 | 99,093 |
SITC International Holdings Co., Ltd. | 517,002 | 231,370 |
330,463 | ||
Utilities 0.1% | ||
Canvest Environmental Protection Group Co., Ltd. * | 381,198 | 152,457 |
CGN Meiya Power Holdings Co., Ltd. *(d) | 486,134 | 72,518 |
Kong Sun Holdings Ltd. * | 1,878,857 | 137,722 |
United Photovoltaics Group Ltd. * | 1,471,220 | 111,626 |
474,323 | ||
13,177,898 | ||
Ireland 0.5% | ||
Banks 0.0% | ||
Permanent TSB Group Holdings plc * | 34,220 | 102,138 |
Capital Goods 0.3% | ||
Kingspan Group plc | 74,503 | 1,878,879 |
Food, Beverage & Tobacco 0.1% | ||
C&C Group plc | 145,876 | 546,196 |
Real Estate 0.1% | ||
Green REIT plc | 261,235 | 377,514 |
2,904,727 | ||
Israel 0.4% | ||
Capital Goods 0.0% | ||
Electra Ltd. | 824 | 103,240 |
Energy 0.1% | ||
Jerusalem Oil Exploration * | 4,900 | 190,872 |
Naphtha Israel Petroleum Corp., Ltd. * | 29,484 | 140,767 |
331,639 | ||
Food & Staples Retailing 0.1% | ||
Rami Levy Chain Stores Hashikma Marketing 2006 Ltd. | 5,721 | 257,893 |
Insurance 0.0% | ||
Menorah Mivtachim Holdings Ltd. * | 27,098 | 221,320 |
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
Compugen Ltd. * | 24,446 | 115,210 |
Security | Number of Shares | Value ($) |
Real Estate 0.1% | ||
Africa Israel Properties Ltd. | 8,169 | 102,958 |
Airport City Ltd. * | 27,122 | 255,154 |
Alony Hetz Properties & Investments Ltd. | 42,706 | 307,427 |
Reit 1 Ltd. | 71,251 | 184,423 |
849,962 | ||
Semiconductors & Semiconductor Equipment 0.0% | ||
Nova Measuring Instruments Ltd. * | 12,000 | 127,193 |
Technology Hardware & Equipment 0.0% | ||
Ituran Location and Control Ltd. | 11,598 | 197,535 |
Telecommunication Services 0.1% | ||
Cellcom Israel Ltd. * | 23,905 | 144,211 |
Partner Communications Co., Ltd. * | 40,965 | 191,802 |
336,013 | ||
2,540,005 | ||
Italy 3.7% | ||
Automobiles & Components 0.1% | ||
Brembo S.p.A. | 12,630 | 522,028 |
Piaggio & C S.p.A. (b) | 102,550 | 219,174 |
741,202 | ||
Banks 0.7% | ||
Banca Carige S.p.A. *(b) | 283,613 | 161,014 |
Banca Popolare dell'Emilia Romagna SC | 198,737 | 1,017,067 |
Banca Popolare di Milano Scarl | 1,890,076 | 1,308,183 |
Banca Popolare di Sondrio Scarl | 178,399 | 631,141 |
Credito Emiliano S.p.A. | 28,189 | 180,403 |
Credito Valtellinese Scarl * | 497,902 | 350,024 |
FinecoBank Banca Fineco S.p.A. | 75,878 | 581,239 |
4,229,071 | ||
Capital Goods 0.3% | ||
Astaldi S.p.A. (b) | 23,298 | 111,232 |
C.I.R. - Compagnie Industriali Riunite S.p.A * | 100,840 | 94,776 |
Danieli & C Officine Meccaniche S.p.A. - RSP | 17,809 | 262,778 |
Fincantieri S.p.A. * | 174,114 | 59,196 |
Industria Macchine Automatiche S.p.A. | 5,559 | 294,456 |
Interpump Group S.p.A. | 40,705 | 566,561 |
Salini Impregilo S.p.A | 89,498 | 348,328 |
1,737,327 | ||
Consumer Durables & Apparel 0.4% | ||
Brunello Cucinelli S.p.A. | 8,027 | 129,169 |
De'Longhi S.p.A. | 23,914 | 565,147 |
Moncler S.p.A. | 56,766 | 883,245 |
OVS S.p.A. *(d) | 43,245 | 262,662 |
Safilo Group S.p.A. * | 9,668 | 90,709 |
Tod's S.p.A. (b) | 7,361 | 558,667 |
2,489,599 | ||
Consumer Services 0.1% | ||
Autogrill S.p.A. * | 50,136 | 396,308 |
Diversified Financials 0.4% | ||
Anima Holding S.p.A. (d) | 88,149 | 533,964 |
Azimut Holding S.p.A. | 44,192 | 853,259 |
Security | Number of Shares | Value ($) |
Banca Generali S.p.A. | 24,937 | 637,011 |
Banca IFIS S.p.A. | 7,450 | 217,750 |
Cerved Information Solutions S.p.A. * | 79,972 | 630,413 |
2,872,397 | ||
Energy 0.1% | ||
ERG S.p.A. | 30,000 | 366,711 |
Saras S.p.A. * | 137,740 | 222,247 |
588,958 | ||
Food & Staples Retailing 0.0% | ||
MARR S.p.A. | 12,240 | 239,389 |
Health Care Equipment & Services 0.1% | ||
Amplifon S.p.A. | 28,768 | 231,308 |
DiaSorin S.p.A. | 10,301 | 544,406 |
775,714 | ||
Insurance 0.2% | ||
Societa Cattolica di Assicurazioni Scarl | 63,526 | 414,836 |
Unipol Gruppo Finanziario S.p.A. | 205,110 | 760,406 |
1,175,242 | ||
Materials 0.3% | ||
Buzzi Unicem S.p.A. | 29,865 | 457,218 |
Buzzi Unicem S.p.A. - RSP | 17,480 | 164,004 |
Cementir Holding S.p.A. | 19,697 | 92,242 |
Italcementi S.p.A. | 79,490 | 891,337 |
Italmobiliare S.p.A. | 2,696 | 108,239 |
Italmobiliare S.p.A. - RSP | 7,097 | 194,246 |
1,907,286 | ||
Media 0.0% | ||
RAI Way S.p.A. (d) | 32,765 | 164,404 |
RCS MediaGroup S.p.A. * | 191,379 | 109,586 |
273,990 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.2% | ||
Recordati S.p.A. | 46,266 | 1,116,504 |
Real Estate 0.1% | ||
Beni Stabili S.p.A. | 469,612 | 302,072 |
Immobiliare Grande Distribuzione | 137,655 | 110,307 |
412,379 | ||
Retailing 0.1% | ||
Yoox Net-A-Porter Group S.p.A. * | 23,473 | 691,174 |
Technology Hardware & Equipment 0.1% | ||
Ei Towers S.p.A. | 7,521 | 416,361 |
Telecommunication Services 0.1% | ||
Infrastrutture Wireless Italiane S.p.A. *(d) | 74,524 | 366,003 |
Transportation 0.1% | ||
Ansaldo STS S.p.A. | 42,787 | 463,972 |
ASTM S.p.A. | 10,302 | 112,496 |
Societa Iniziative Autostradali e Servizi S.p.A. | 25,120 | 228,316 |
804,784 | ||
Utilities 0.3% | ||
A2A S.p.A. | 602,073 | 691,471 |
ACEA S.p.A. | 17,950 | 240,869 |
Security | Number of Shares | Value ($) |
Hera S.p.A. | 341,897 | 965,870 |
Iren S.p.A. | 188,827 | 299,753 |
2,197,963 | ||
23,431,651 | ||
Japan 18.3% | ||
Automobiles & Components 0.8% | ||
Akebono Brake Industry Co., Ltd. (b) | 55,423 | 114,897 |
Daido Metal Co., Ltd. | 17,295 | 120,586 |
Daikyonishikawa Corp. | 22,082 | 322,402 |
Eagle Industry Co., Ltd. | 10,366 | 128,203 |
FCC Co., Ltd. | 13,780 | 226,950 |
HI-LEX Corp. | 9,753 | 263,536 |
Keihin Corp. | 25,231 | 347,366 |
Kinugawa Rubber Industrial Co., Ltd. | 14,180 | 71,732 |
KYB Corp. | 60,774 | 156,142 |
Mitsuba Corp. | 15,821 | 210,666 |
Musashi Seimitsu Industry Co., Ltd. | 15,612 | 283,540 |
Nippon Seiki Co., Ltd. | 16,978 | 328,204 |
Nissin Kogyo Co., Ltd. | 17,262 | 216,091 |
Pacific Industrial Co., Ltd. | 21,708 | 191,357 |
Piolax, Inc. | 3,808 | 178,128 |
Press Kogyo Co., Ltd. | 40,898 | 140,222 |
Sanden Holdings Corp. | 46,787 | 119,377 |
Showa Corp. | 24,116 | 195,278 |
Taiho Kogyo Co., Ltd. | 11,081 | 107,202 |
Topre Corp. | 17,295 | 321,614 |
TPR Co., Ltd. | 15,186 | 366,079 |
Unipres Corp. | 15,627 | 283,121 |
Yorozu Corp. | 7,260 | 148,320 |
4,841,013 | ||
Banks 1.1% | ||
Ashikaga Holdings Co., Ltd. | 95,761 | 274,027 |
Bank of the Ryukyus Ltd. | 25,331 | 266,831 |
FIDEA Holdings Co., Ltd. | 119,551 | 186,409 |
Jimoto Holdings, Inc. | 90,137 | 111,798 |
Kansai Urban Banking Corp. | 22,138 | 203,581 |
The Aichi Bank Ltd. | 5,053 | 193,167 |
The Akita Bank Ltd. | 75,310 | 187,483 |
The Aomori Bank Ltd. | 100,604 | 275,408 |
The Bank of Iwate Ltd. | 7,431 | 243,256 |
The Bank of Nagoya Ltd. | 79,980 | 250,834 |
The Bank of Okinawa Ltd. | 8,257 | 244,692 |
The Chiba Kogyo Bank Ltd. | 30,441 | 122,708 |
The Eighteenth Bank Ltd. | 70,457 | 157,924 |
The Fukui Bank Ltd. | 134,827 | 216,201 |
The Higashi-Nippon Bank Ltd. | 67,155 | 163,016 |
The Kiyo Bank Ltd. | 41,169 | 451,537 |
The Minato Bank Ltd. | 80,293 | 110,258 |
The Miyazaki Bank Ltd. | 78,064 | 190,189 |
The Nanto Bank Ltd. | 109,718 | 286,749 |
The Ogaki Kyoritsu Bank Ltd. | 137,025 | 427,312 |
The Oita Bank Ltd. | 83,208 | 255,798 |
The Tochigi Bank Ltd. | 50,808 | 188,603 |
The Toho Bank Ltd. | 102,235 | 296,176 |
The Towa Bank Ltd. | 289,058 | 222,795 |
The Yamagata Bank Ltd. | 72,819 | 244,504 |
The Yamanashi Chuo Bank Ltd. | 69,327 | 245,677 |
Tokyo TY Financial Group, Inc. | 13,443 | 306,197 |
Security | Number of Shares | Value ($) |
TOMONY Holdings, Inc. | 91,250 | 263,544 |
Tsukuba Bank Ltd. | 44,565 | 114,892 |
6,701,566 | ||
Capital Goods 4.1% | ||
Advan Co., Ltd. | 5,569 | 53,926 |
Aica Kogyo Co., Ltd. | 30,475 | 579,396 |
Aichi Corp. | 11,017 | 76,619 |
Aida Engineering Ltd. | 27,661 | 223,003 |
Asahi Diamond Industrial Co., Ltd. | 26,456 | 234,149 |
Bunka Shutter Co., Ltd. | 23,063 | 184,708 |
Central Glass Co., Ltd. | 111,237 | 634,655 |
Chiyoda Integre Co., Ltd. | 7,867 | 177,587 |
Chudenko Corp. | 17,197 | 356,052 |
CKD Corp. | 23,824 | 172,018 |
Daifuku Co., Ltd. | 44,053 | 696,262 |
Daihen Corp. | 46,785 | 203,098 |
Daiho Corp. | 42,623 | 156,332 |
Denyo Co., Ltd. | 6,932 | 70,932 |
Fudo Tetra Corp. | 74,928 | 77,002 |
Fuji Machine Manufacturing Co., Ltd. | 43,093 | 434,461 |
Fujitec Co., Ltd. | 35,316 | 358,557 |
Fukuda Corp. | 15,518 | 124,282 |
Fukushima Industries Corp. | 6,262 | 130,094 |
Furukawa Co., Ltd. | 126,558 | 182,759 |
Futaba Corp. | 19,233 | 249,795 |
Giken Ltd. | 7,548 | 121,838 |
Hanwa Co., Ltd. | 122,730 | 505,599 |
Hazama Ando Corp. | 84,993 | 385,528 |
Hibiya Engineering Ltd. | 10,868 | 150,587 |
Hitachi Koki Co., Ltd. | 23,923 | 151,327 |
Hitachi Zosen Corp. | 66,693 | 317,881 |
Hosokawa Micron Corp. | 19,932 | 99,241 |
Inaba Denki Sangyo Co., Ltd. | 11,663 | 350,794 |
Inabata & Co., Ltd. | 23,923 | 247,125 |
Iseki & Co., Ltd. | 104,018 | 174,170 |
Iwatani Corp. | 89,771 | 495,480 |
Jamco Corp. | 3,645 | 80,925 |
Juki Corp. | 12,365 | 96,291 |
Kamei Corp. | 8,508 | 76,054 |
Kanamoto Co., Ltd. | 11,452 | 243,904 |
Kanematsu Corp. | 171,780 | 228,279 |
Kato Works Co., Ltd. | 20,732 | 70,530 |
Kitz Corp. | 47,992 | 201,109 |
Komori Corp. | 26,456 | 279,150 |
Kumagai Gumi Co., Ltd. | 152,631 | 335,349 |
Kuroda Electric Co., Ltd. | 17,833 | 242,513 |
Kyowa Exeo Corp. | 55,532 | 612,512 |
Kyudenko Corp. | 15,780 | 347,125 |
Maeda Corp. | 55,423 | 382,008 |
Makino Milling Machine Co., Ltd. | 38,128 | 232,737 |
Meidensha Corp. | 91,256 | 380,789 |
Mirait Holdings Corp. | 34,695 | 255,429 |
Miura Co., Ltd. | 33,466 | 538,421 |
Morita Holdings Corp. | 17,295 | 182,948 |
Nachi-Fujikoshi Corp. | 72,819 | 243,214 |
Namura Shipbuilding Co., Ltd. | 24,448 | 150,749 |
Nichias Corp. | 44,906 | 249,445 |
Nihon Trim Co., Ltd. | 1,721 | 67,468 |
Nippon Densetsu Kogyo Co., Ltd. | 14,383 | 279,186 |
Nippon Sheet Glass Co., Ltd. * | 409,952 | 261,498 |
Nippon Steel & Sumikin Bussan Corp. | 57,231 | 176,446 |
Security | Number of Shares | Value ($) |
Nishimatsu Construction Co., Ltd. | 122,314 | 478,962 |
Nishio Rent All Co., Ltd. | 6,851 | 151,921 |
Nitta Corp. | 8,636 | 218,358 |
Nitto Boseki Co., Ltd. | 71,885 | 233,089 |
Nitto Kogyo Corp. | 13,753 | 225,165 |
Noritz Corp. | 21,796 | 347,577 |
Obara Group, Inc. | 5,523 | 194,008 |
Oiles Corp. | 22,218 | 336,985 |
Okabe Co., Ltd. | 23,204 | 142,667 |
Okumura Corp. | 105,611 | 546,417 |
Penta-Ocean Construction Co., Ltd. | 131,296 | 532,745 |
Raito Kogyo Co., Ltd. | 21,111 | 203,114 |
Ryobi Ltd. | 56,398 | 198,861 |
Sanki Engineering Co., Ltd. | 26,858 | 214,626 |
Sankyo Tateyama, Inc. | 14,684 | 171,200 |
Shima Seiki Manufacturing Ltd. | 19,298 | 293,894 |
Shinmaywa Industries Ltd. | 39,835 | 282,330 |
SHO-BOND Holdings Co., Ltd. | 10,559 | 351,733 |
Sintokogio Ltd. | 31,167 | 254,306 |
Sodick Co., Ltd. | 21,312 | 138,587 |
Star Micronics Co., Ltd. | 21,469 | 226,720 |
Sumitomo Mitsui Construction Co., Ltd. | 326,662 | 269,143 |
Taikisha Ltd. | 16,389 | 370,685 |
Takara Standard Co., Ltd. | 38,128 | 322,251 |
Takasago Thermal Engineering Co., Ltd. | 35,266 | 477,399 |
Takeuchi Manufacturing Co., Ltd. | 13,796 | 167,202 |
Takuma Co., Ltd. | 35,474 | 310,191 |
Teikoku Sen-I Co., Ltd. | 10,667 | 140,242 |
Tekken Corp. (b) | 54,835 | 123,394 |
The Nippon Road Co., Ltd. | 24,247 | 113,636 |
Toa Corp. | 86,811 | 184,582 |
TOKAI Holdings Corp. | 52,712 | 254,979 |
Tokyu Construction Co., Ltd. | 40,237 | 287,675 |
Toshiba Machine Co., Ltd. | 58,420 | 185,288 |
Toshiba Plant Systems & Services Corp. | 17,295 | 192,294 |
Totetsu Kogyo Co., Ltd. | 19,203 | 518,034 |
Toyo Engineering Corp. * | 69,327 | 169,517 |
Trusco Nakayama Corp. | 8,654 | 309,359 |
Tsubakimoto Chain Co. | 68,668 | 401,514 |
Tsugami Corp. | 33,221 | 117,727 |
Wakita & Co., Ltd. | 17,295 | 126,102 |
YAMABIKO Corp. | 19,220 | 125,324 |
Yamazen Corp. | 41,297 | 327,815 |
Yokogawa Bridge Holdings Corp. | 12,073 | 114,018 |
Yushin Precision Equipment Co., Ltd. | 3,645 | 54,929 |
25,995,901 | ||
Commercial & Professional Services 0.7% | ||
Aeon Delight Co., Ltd. | 7,524 | 234,635 |
Benefit One, Inc. | 6,060 | 120,260 |
Daiseki Co., Ltd. | 21,897 | 336,578 |
Duskin Co., Ltd. | 26,159 | 485,984 |
Itoki Corp. | 18,617 | 111,826 |
Kokuyo Co., Ltd. | 42,810 | 425,161 |
Meitec Corp. | 14,853 | 511,220 |
Mitsubishi Pencil Co., Ltd. | 8,995 | 337,088 |
Nippon Parking Development Co., Ltd. | 90,137 | 95,827 |
Nissha Printing Co., Ltd. (b) | 16,857 | 257,317 |
Nomura Co., Ltd. | 18,215 | 223,825 |
Security | Number of Shares | Value ($) |
Okamura Corp. | 33,749 | 294,809 |
Pilot Corp. | 14,443 | 544,451 |
Relia, Inc. | 17,295 | 152,303 |
Sato Holdings Corp. | 8,636 | 188,825 |
TechnoPro Holdings, Inc. | 11,931 | 322,388 |
4,642,497 | ||
Consumer Durables & Apparel 1.0% | ||
Alpine Electronics, Inc. | 23,323 | 263,656 |
Chofu Seisakusho Co., Ltd. | 8,636 | 185,000 |
Descente Ltd. | 23,437 | 349,868 |
Foster Electric Co., Ltd. | 11,882 | 225,271 |
Fujibo Holdings, Inc. | 69,327 | 138,193 |
Fujitsu General Ltd. | 22,517 | 307,009 |
Goldwin, Inc. | 3,920 | 152,633 |
Gunze Ltd. | 123,284 | 323,296 |
JVC Kenwood Corp. | 68,782 | 184,637 |
Kurabo Industries Ltd. | 97,213 | 165,359 |
Mars Engineering Corp. | 8,182 | 137,726 |
Mizuno Corp. | 57,468 | 255,583 |
Pioneer Corp. * | 143,623 | 328,281 |
Sangetsu Co., Ltd. | 32,865 | 581,452 |
Sanyo Shokai Ltd. | 32,411 | 68,339 |
Seiko Holdings Corp. | 58,105 | 208,483 |
Seiren Co., Ltd. | 26,456 | 256,650 |
Starts Corp., Inc. | 11,559 | 227,954 |
Tamron Co., Ltd. | 11,695 | 181,318 |
The Japan Wool Textile Co., Ltd. | 27,661 | 185,755 |
Token Corp. | 3,419 | 254,740 |
Tomy Co., Ltd. | 30,674 | 216,858 |
TSI Holdings Co., Ltd. | 53,550 | 343,954 |
Tsutsumi Jewelry Co., Ltd. | 6,851 | 151,071 |
Unitika Ltd. * | 154,977 | 68,650 |
Yondoshi Holdings, Inc. | 7,933 | 174,438 |
Zojirushi Corp. | 17,737 | 264,778 |
6,200,952 | ||
Consumer Services 1.0% | ||
Accordia Golf Co., Ltd. | 42,840 | 407,241 |
Atom Corp. | 33,944 | 206,897 |
CHIMNEY Co., Ltd. | 5,529 | 137,056 |
Colowide Co., Ltd. | 27,826 | 423,276 |
Create Restaurants Holdings, Inc. | 18,150 | 156,777 |
Doutor Nichires Holdings Co., Ltd. | 18,686 | 293,679 |
Fuji Kyuko Co., Ltd. | 37,501 | 416,622 |
Fujita Kanko, Inc. | 35,776 | 169,886 |
Ichibanya Co., Ltd. | 3,518 | 186,068 |
JP-Holdings, Inc. | 17,725 | 40,514 |
Kisoji Co., Ltd. | 15,371 | 298,364 |
Kyoritsu Maintenance Co., Ltd. | 5,537 | 419,414 |
Matsuya Foods Co., Ltd. | 8,538 | 216,561 |
MOS Food Services, Inc. | 12,597 | 350,986 |
Ohsho Food Service Corp. | 5,121 | 177,846 |
Plenus Co., Ltd. | 10,366 | 169,438 |
Royal Holdings Co., Ltd. | 12,073 | 230,604 |
Saizeriya Co., Ltd. | 11,069 | 227,607 |
St Marc Holdings Co., Ltd. | 6,736 | 173,838 |
Tokyo Dome Corp. | 93,652 | 421,486 |
Tokyotokeiba Co., Ltd. | 63,167 | 118,639 |
Tosho Co., Ltd. | 4,127 | 150,455 |
Yoshinoya Holdings Co., Ltd. (b) | 29,858 | 372,183 |
Zensho Holdings Co., Ltd. | 49,900 | 614,494 |
6,379,931 |
Security | Number of Shares | Value ($) |
Diversified Financials 0.6% | ||
Financial Products Group Co., Ltd. | 28,380 | 254,949 |
Fuyo General Lease Co., Ltd. | 10,605 | 449,567 |
IBJ Leasing Co., Ltd. | 17,821 | 311,976 |
Ichiyoshi Securities Co., Ltd. | 17,797 | 166,973 |
J Trust Co., Ltd. | 38,799 | 280,143 |
Jaccs Co., Ltd. | 53,716 | 199,873 |
Japan Securities Finance Co., Ltd. | 55,423 | 230,285 |
kabu.com Securities Co., Ltd. | 93,558 | 280,985 |
Kyokuto Securities Co., Ltd. | 12,698 | 151,195 |
Marusan Securities Co., Ltd. | 26,155 | 275,743 |
Mito Securities Co., Ltd. | 32,906 | 89,207 |
Monex Group, Inc. | 90,840 | 232,583 |
Nihon M&A Center, Inc. | 12,776 | 604,419 |
Ricoh Leasing Co., Ltd. | 5,322 | 150,171 |
3,678,069 | ||
Energy 0.2% | ||
Itochu Enex Co., Ltd. | 23,510 | 173,292 |
Modec, Inc. | 10,468 | 137,533 |
Nippon Gas Co., Ltd. | 17,688 | 326,572 |
San-Ai Oil Co., Ltd. | 35,954 | 283,810 |
Shinko Plantech Co., Ltd. | 23,447 | 171,373 |
1,092,580 | ||
Food & Staples Retailing 0.7% | ||
Ain Holdings, Inc. | 10,042 | 456,394 |
Arcs Co., Ltd. | 26,456 | 533,222 |
Axial Retailing, Inc. | 8,182 | 247,181 |
Belc Co., Ltd. | 2,127 | 73,208 |
Cocokara fine, Inc. | 9,128 | 378,059 |
Create SD Holdings Co., Ltd. | 8,628 | 191,708 |
Heiwado Co., Ltd. | 13,780 | 256,616 |
Kato Sangyo Co., Ltd. | 8,636 | 206,575 |
Kobe Bussan Co., Ltd. | 2,400 | 55,559 |
Kusuri No Aoki Co., Ltd. | 6,531 | 289,881 |
Life Corp. | 7,861 | 168,398 |
San-A Co., Ltd. | 6,851 | 291,642 |
Toho Co., Ltd. | 3,725 | 76,530 |
United Super Markets Holdings, Inc. | 34,313 | 290,615 |
Valor Holdings Co., Ltd. | 16,566 | 357,958 |
Yaoko Co., Ltd. | 9,265 | 357,056 |
Yokohama Reito Co., Ltd. (b) | 33,285 | 295,179 |
4,525,781 | ||
Food, Beverage & Tobacco 0.9% | ||
Ariake Japan Co., Ltd. | 7,218 | 397,110 |
Fuji Oil Holdings, Inc. | 21,270 | 360,483 |
Fujicco Co., Ltd. | 9,939 | 198,560 |
Hokuto Corp. | 9,235 | 166,087 |
Itoham Foods, Inc. | 51,391 | 327,354 |
Kameda Seika Co., Ltd. | 6,851 | 270,702 |
Key Coffee, Inc. | 11,504 | 183,656 |
Marudai Food Co., Ltd. | 52,009 | 190,757 |
Maruha Nichiro Corp. | 22,242 | 443,362 |
Megmilk Snow Brand Co., Ltd. | 24,462 | 581,020 |
Morinaga & Co., Ltd. | 86,723 | 485,572 |
Morinaga Milk Industry Co., Ltd. | 102,974 | 484,423 |
Nippon Flour Mills Co., Ltd. | 41,542 | 303,629 |
Nippon Suisan Kaisha Ltd. | 117,385 | 543,897 |
Prima Meat Packers Ltd. | 60,328 | 146,444 |
Rock Field Co., Ltd. | 5,544 | 145,188 |
Sakata Seed Corp. | 17,295 | 420,903 |
Security | Number of Shares | Value ($) |
Showa Sangyo Co., Ltd. | 52,009 | 208,727 |
The Nisshin Oillio Group Ltd. | 52,009 | 208,266 |
6,066,140 | ||
Health Care Equipment & Services 0.6% | ||
A/S One Corp. | 5,407 | 189,694 |
BML, Inc. | 5,121 | 190,776 |
Eiken Chemical Co., Ltd. | 6,527 | 123,283 |
Hogy Medical Co., Ltd. | 4,824 | 234,202 |
Jeol Ltd. | 34,740 | 166,198 |
Mani, Inc. | 10,167 | 150,242 |
Nagaileben Co., Ltd. | 17,062 | 297,631 |
Nichii Gakkan Co. (b) | 23,923 | 163,831 |
Nikkiso Co., Ltd. | 37,093 | 269,469 |
Paramount Bed Holdings Co., Ltd. | 8,845 | 305,216 |
Ship Healthcare Holdings, Inc. | 17,295 | 458,748 |
Toho Holdings Co., Ltd. | 27,579 | 571,493 |
Tokai Corp. | 6,349 | 169,869 |
Tsukui Corp. | 12,459 | 155,192 |
Vital KSK Holdings, Inc. | 16,833 | 150,621 |
3,596,465 | ||
Household & Personal Products 0.3% | ||
Aderans Co., Ltd. | 18,918 | 94,695 |
Artnature, Inc. | 10,366 | 86,234 |
Ci:z Holdings Co., Ltd. | 10,193 | 167,061 |
Earth Chemical Co., Ltd. | 4,778 | 176,940 |
euglena Co., Ltd. *(b) | 19,984 | 262,204 |
Fancl Corp. | 19,466 | 240,059 |
Mandom Corp. | 8,407 | 353,783 |
Milbon Co., Ltd. | 5,646 | 211,584 |
Noevir Holdings Co., Ltd. | 6,851 | 185,728 |
1,778,288 | ||
Materials 1.8% | ||
ADEKA Corp. | 55,068 | 729,849 |
Aichi Steel Corp. | 77,849 | 291,050 |
Arakawa Chemical Industries Ltd. | 3,545 | 28,643 |
Asahi Holdings, Inc. | 23,387 | 304,160 |
Chuetsu Pulp & Paper Co., Ltd. | 35,450 | 53,077 |
Chugoku Marine Paints Ltd. | 36,545 | 240,557 |
Dai Nippon Toryo Co., Ltd. | 55,275 | 93,043 |
Daiken Corp. | 18,231 | 41,348 |
Dainichiseika Color & Chemicals Manufacturing Co., Ltd. | 38,937 | 157,990 |
Daio Paper Corp. | 31,297 | 245,940 |
Fuji Seal International, Inc. | 8,435 | 268,650 |
Fujimi, Inc. | 12,125 | 131,267 |
Fujimori Kogyo Co., Ltd. | 5,523 | 118,411 |
Godo Steel Ltd. | 53,047 | 88,823 |
Hokuetsu Kishu Paper Co., Ltd. | 67,292 | 375,583 |
Ihara Chemical Industry Co., Ltd. | 19,135 | 224,619 |
Ishihara Sangyo Kaisha Ltd. * | 191,426 | 122,106 |
Kumiai Chemical Industry Co., Ltd. | 31,915 | 320,352 |
Kureha Corp. | 64,183 | 209,252 |
Kyoei Steel Ltd. | 13,704 | 209,673 |
Nakayama Steel Works Ltd. * | 127,466 | 74,532 |
Nihon Nohyaku Co., Ltd. | 26,818 | 146,593 |
Nihon Parkerizing Co., Ltd. | 49,888 | 400,430 |
Nippon Light Metal Holdings Co., Ltd. | 276,886 | 431,734 |
Nippon Soda Co., Ltd. | 57,231 | 257,571 |
Nippon Yakin Kogyo Co., Ltd. * | 63,279 | 65,591 |
NOF Corp. | 60,704 | 432,928 |
Security | Number of Shares | Value ($) |
Okamoto Industries, Inc. (b) | 29,921 | 248,646 |
OSAKA Titanium Technologies Co., Ltd. | 8,721 | 138,377 |
Pacific Metals Co., Ltd. *(b) | 55,423 | 155,651 |
Riken Technos Corp. | 26,699 | 90,830 |
Sakata INX Corp. | 21,820 | 211,676 |
Sanyo Chemical Industries Ltd. | 34,952 | 226,975 |
Sanyo Special Steel Co., Ltd. | 52,009 | 242,824 |
Sekisui Plastics Co., Ltd. | 22,129 | 67,245 |
Shin-Etsu Polymer Co., Ltd. | 24,950 | 124,446 |
Sumitomo Bakelite Co., Ltd. | 82,135 | 337,636 |
Sumitomo Seika Chemicals Co., Ltd. | 15,588 | 80,374 |
Taiyo Holdings Co., Ltd. | 9,638 | 304,830 |
Takasago International Corp. | 7,540 | 152,971 |
Toagosei Co., Ltd. | 50,170 | 378,247 |
Toho Titanium Co., Ltd. * | 14,730 | 123,712 |
Toho Zinc Co., Ltd. | 52,009 | 136,847 |
Tokai Carbon Co., Ltd. | 101,866 | 241,861 |
Tokuyama Corp. *(b) | 134,484 | 188,248 |
Tokyo Ohka Kogyo Co., Ltd. | 15,789 | 414,046 |
Tokyo Rope Manufacturing Co., Ltd. * | 64,183 | 79,038 |
Tokyo Steel Manufacturing Co., Ltd. | 45,202 | 289,133 |
Topy Industries Ltd. | 88,649 | 171,211 |
Toyo Ink SC Holdings Co., Ltd. | 78,618 | 294,622 |
UACJ Corp. | 126,558 | 264,608 |
Yodogawa Steel Works Ltd. | 12,039 | 256,512 |
11,284,338 | ||
Media 0.2% | ||
Asatsu-DK, Inc. | 12,619 | 328,010 |
Avex Group Holdings, Inc. | 14,483 | 167,445 |
Kadokawa Dwango * | 21,636 | 354,227 |
Next Co., Ltd. | 22,753 | 201,778 |
Toei Co., Ltd. | 27,661 | 216,142 |
Tv Tokyo Holdings Corp. | 8,295 | 133,308 |
1,400,910 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.2% | ||
ASKA Pharmaceutical Co., Ltd. | 9,510 | 104,304 |
JCR Pharmaceuticals Co., Ltd. | 5,824 | 117,538 |
Nichi-iko Pharmaceutical Co., Ltd. | 18,362 | 458,420 |
Seikagaku Corp. | 15,582 | 190,090 |
Towa Pharmaceutical Co., Ltd. | 3,675 | 174,837 |
ZERIA Pharmaceutical Co., Ltd. | 18,701 | 237,749 |
1,282,938 | ||
Real Estate 0.5% | ||
Daibiru Corp. | 27,661 | 229,865 |
Heiwa Real Estate Co., Ltd. | 24,339 | 266,301 |
Keihanshin Building Co., Ltd. | 38,423 | 190,285 |
Kenedix, Inc. | 125,353 | 518,626 |
Leopalace21 Corp. * | 119,707 | 694,645 |
Open House Co., Ltd. | 8,000 | 144,585 |
Relo Holdings, Inc. | 4,117 | 504,435 |
Takara Leben Co., Ltd. | 51,938 | 275,162 |
TOC Co., Ltd. | 40,126 | 312,476 |
Unizo Holdings Co., Ltd. | 6,608 | 254,368 |
3,390,748 | ||
Retailing 0.8% | ||
Adastria Co., Ltd. | 12,276 | 318,442 |
AOKI Holdings, Inc. | 19,263 | 216,735 |
Arata Corp. | 5,505 | 111,100 |
Arcland Sakamoto Co., Ltd. | 18,276 | 172,438 |
Security | Number of Shares | Value ($) |
ASKUL Corp. | 8,726 | 265,935 |
Belluna Co., Ltd. | 36,521 | 159,511 |
Chiyoda Co., Ltd. | 13,780 | 349,643 |
Chori Co., Ltd. | 2,327 | 29,584 |
DCM Holdings Co., Ltd. | 49,125 | 361,229 |
Doshisha Co., Ltd. | 10,189 | 191,910 |
EDION Corp. (b) | 36,563 | 285,702 |
Fuji Co., Ltd. | 9,829 | 174,505 |
Geo Holdings Corp. | 13,644 | 203,920 |
Gulliver International Co., Ltd. | 24,299 | 245,627 |
Happinet Corp. | 3,342 | 27,328 |
Jin Co., Ltd. (b) | 5,234 | 212,142 |
Joshin Denki Co., Ltd. | 8,102 | 61,873 |
Matsuya Co., Ltd. | 20,689 | 166,062 |
Nishimatsuya Chain Co., Ltd. | 24,950 | 217,946 |
Pal Co., Ltd. | 5,447 | 123,200 |
PALTAC Corp. | 18,717 | 290,352 |
T-Gaia Corp. | 7,799 | 90,237 |
United Arrows Ltd. | 12,888 | 593,733 |
Xebio Holdings Co., Ltd. | 13,459 | 213,436 |
Yellow Hat Ltd. | 13,425 | 237,993 |
5,320,583 | ||
Semiconductors & Semiconductor Equipment 0.2% | ||
Sanken Electric Co., Ltd. | 50,302 | 135,475 |
Shindengen Electric Manufacturing Co., Ltd. | 32,906 | 104,658 |
Tokyo Seimitsu Co., Ltd. | 21,017 | 393,807 |
Ulvac, Inc. | 22,465 | 677,682 |
1,311,622 | ||
Software & Services 0.9% | ||
Ateam, Inc. | 2,327 | 29,357 |
Broadleaf Co., Ltd. | 11,950 | 135,195 |
COOKPAD, Inc. (b) | 18,792 | 359,608 |
Dip Corp. | 8,395 | 157,971 |
DTS Corp. | 8,082 | 151,079 |
F@N Communications, Inc. | 14,182 | 86,066 |
Fuji Soft, Inc. | 10,042 | 203,998 |
GMO internet, Inc. | 27,533 | 315,395 |
GMO Payment Gateway, Inc. (b) | 6,582 | 370,866 |
Gurunavi, Inc. | 13,780 | 312,530 |
Ines Corp. | 12,325 | 121,967 |
Information Services International-Dentsu Ltd. | 2,024 | 38,409 |
Internet Initiative Japan, Inc. | 12,977 | 264,311 |
IT Holdings Corp. | 35,193 | 809,088 |
KLab, Inc. *(b) | 11,571 | 49,616 |
Koei Tecmo Holdings Co., Ltd. | 20,760 | 320,205 |
Marvelous, Inc. (b) | 13,278 | 96,460 |
MTI Ltd. | 9,823 | 66,226 |
NEC Networks & System Integration Corp. | 10,366 | 163,101 |
NET One Systems Co., Ltd. | 47,484 | 252,827 |
Nihon Unisys Ltd. (b) | 24,576 | 312,004 |
NSD Co., Ltd. | 15,836 | 235,698 |
OBIC Business Consultants Co., Ltd. | 2,876 | 128,417 |
SMS Co., Ltd. | 10,352 | 168,934 |
TKC Corp. | 7,536 | 213,311 |
Transcosmos, Inc. | 10,785 | 239,635 |
5,602,274 |
Security | Number of Shares | Value ($) |
Technology Hardware & Equipment 1.1% | ||
Ai Holdings Corp. | 14,943 | 391,066 |
Amano Corp. | 36,986 | 536,727 |
Anritsu Corp. | 60,099 | 343,955 |
Canon Electronics, Inc. | 15,851 | 225,109 |
CONEXIO Corp. | 4,860 | 47,577 |
Daiwabo Holdings Co., Ltd. | 72,819 | 128,381 |
Denki Kogyo Co., Ltd. | 34,613 | 161,911 |
Dexerials Corp. * | 18,534 | 160,094 |
Eizo Corp. | 8,257 | 211,847 |
Enplas Corp. | 4,318 | 151,106 |
Hioki EE Corp. | 2,430 | 48,546 |
Hitachi Kokusai Electric, Inc. | 22,517 | 249,557 |
Hitachi Maxell Ltd. | 17,295 | 249,753 |
Horiba Ltd. | 16,090 | 527,424 |
Hosiden Corp. | 28,264 | 167,769 |
Japan Cash Machine Co., Ltd. | 6,887 | 60,953 |
Japan Digital Laboratory Co., Ltd. | 8,636 | 114,535 |
Koa Corp. | 17,295 | 127,941 |
Mitsumi Electric Co., Ltd. | 38,881 | 177,397 |
Nichicon Corp. | 40,566 | 261,994 |
Nippon Chemi-Con Corp. | 72,009 | 97,607 |
Nippon Signal Co., Ltd. | 41,914 | 330,485 |
Nohmi Bosai Ltd. | 10,366 | 127,377 |
Oki Electric Industry Co., Ltd. | 352,368 | 455,776 |
Riso Kagaku Corp. | 13,479 | 200,857 |
Ryosan Co., Ltd. | 13,069 | 334,613 |
Siix Corp. | 6,976 | 179,846 |
SMK Corp. | 34,613 | 165,284 |
Tabuchi Electric Co., Ltd. | 13,680 | 53,447 |
Tamura Corp. | 34,613 | 85,862 |
Toyo Corp. | 23,923 | 226,355 |
Wacom Co., Ltd. | 58,866 | 254,499 |
6,855,650 | ||
Transportation 0.5% | ||
Hamakyorex Co., Ltd. | 8,907 | 141,486 |
Iino Kaiun Kaisha Ltd. | 59,155 | 216,443 |
Japan Transcity Corp. | 55,538 | 182,544 |
Kintetsu World Express, Inc. | 13,660 | 182,254 |
Konoike Transport Co., Ltd. | 13,668 | 148,940 |
Maruzen Showa Unyu Co., Ltd. | 53,716 | 188,928 |
Mitsui-Soko Holdings Co., Ltd. | 41,542 | 103,786 |
Nippon Holdings Co., Ltd. | 25,837 | 443,149 |
Nissin Corp. | 64,183 | 158,076 |
Sakai Moving Service Co., Ltd. | 1,821 | 40,736 |
Sankyu, Inc. | 122,929 | 578,297 |
Senko Co., Ltd. | 34,613 | 206,988 |
The Shibusawa Warehouse Co., Ltd. | 41,002 | 101,347 |
The Sumitomo Warehouse Co., Ltd. | 55,423 | 263,674 |
Trancom Co., Ltd. | 3,414 | 186,315 |
3,142,963 | ||
Utilities 0.1% | ||
Saibu Gas Co., Ltd. | 126,558 | 272,457 |
Shizuoka Gas Co., Ltd. | 26,858 | 171,082 |
The Okinawa Electric Power Co., Inc. | 10,217 | 251,454 |
694,993 | ||
115,786,202 |
Security | Number of Shares | Value ($) |
Netherlands 2.1% | ||
Capital Goods 0.5% | ||
Aalberts Industries N.V. | 37,838 | 1,177,679 |
Arcadis N.V. | 28,360 | 409,525 |
IMCD Group N.V. | 17,241 | 630,279 |
Koninklijke BAM Groep N.V. * | 89,115 | 403,966 |
TKH Group N.V. | 19,191 | 713,138 |
3,334,587 | ||
Commercial & Professional Services 0.1% | ||
Brunel International N.V. | 8,162 | 142,205 |
USG People N.V. | 28,848 | 540,228 |
682,433 | ||
Consumer Durables & Apparel 0.1% | ||
TomTom N.V. * | 49,633 | 447,069 |
Diversified Financials 0.1% | ||
BinckBank N.V. | 34,828 | 238,142 |
Energy 0.2% | ||
Fugro N.V. CVA * | 25,714 | 440,188 |
SBM Offshore N.V. * | 78,642 | 998,038 |
1,438,226 | ||
Food, Beverage & Tobacco 0.1% | ||
Refresco Gerber N.V. *(d) | 23,602 | 394,032 |
Wessanen | 26,855 | 275,744 |
669,776 | ||
Insurance 0.1% | ||
Delta Lloyd N.V. | 93,298 | 583,503 |
Materials 0.2% | ||
APERAM S.A. * | 19,776 | 675,571 |
Corbion N.V. | 28,265 | 629,429 |
1,305,000 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
Galapagos N.V. * | 13,924 | 584,816 |
Real Estate 0.4% | ||
Eurocommercial Properties N.V. | 19,802 | 829,114 |
NSI N.V. | 59,502 | 250,849 |
Vastned Retail N.V. | 7,776 | 332,891 |
Wereldhave N.V. | 16,809 | 853,469 |
2,266,323 | ||
Semiconductors & Semiconductor Equipment 0.1% | ||
ASM International N.V. | 18,231 | 771,557 |
Transportation 0.1% | ||
PostNL N.V. * | 185,000 | 720,627 |
13,042,059 | ||
New Zealand 0.8% | ||
Energy 0.1% | ||
Z Energy Ltd. | 101,774 | 420,746 |
Food, Beverage & Tobacco 0.0% | ||
a2 Milk Co., Ltd. *(b) | 269,435 | 312,668 |
Health Care Equipment & Services 0.1% | ||
Ebos Group Ltd. | 34,082 | 351,012 |
Metlifecare Ltd. | 56,518 | 177,009 |
Summerset Group Holdings Ltd. | 72,824 | 188,225 |
716,246 |
Security | Number of Shares | Value ($) |
Insurance 0.0% | ||
TOWER Ltd. | 101,520 | 104,422 |
Materials 0.1% | ||
Nuplex Industries Ltd. | 105,623 | 350,998 |
Real Estate 0.1% | ||
Argosy Property Ltd. | 409,952 | 306,793 |
Goodman Property Trust | 663,967 | 551,611 |
Precinct Properties New Zealand Ltd. | 293,159 | 239,685 |
1,098,089 | ||
Retailing 0.1% | ||
Kathmandu Holdings Ltd. | 68,181 | 69,681 |
Trade Me Group Ltd. | 163,940 | 469,127 |
538,808 | ||
Telecommunication Services 0.1% | ||
Chorus Ltd. * | 183,184 | 474,071 |
Transportation 0.1% | ||
Freightways Ltd. | 87,925 | 347,840 |
Utilities 0.1% | ||
Genesis Energy Ltd. | 245,948 | 316,223 |
Infratil Ltd. | 233,920 | 479,672 |
795,895 | ||
5,159,783 | ||
Norway 1.2% | ||
Banks 0.1% | ||
SpareBank 1 SMN | 50,867 | 303,415 |
SpareBank 1 SR-Bank A.S.A. | 50,136 | 222,566 |
525,981 | ||
Capital Goods 0.1% | ||
Kongsberg Gruppen A.S.A. | 20,832 | 304,677 |
Veidekke A.S.A. | 31,890 | 415,191 |
719,868 | ||
Diversified Financials 0.0% | ||
Aker A.S.A., A Shares | 9,640 | 174,716 |
Energy 0.3% | ||
Akastor A.S.A. *(b) | 67,167 | 53,779 |
Aker Solutions A.S.A. | 61,240 | 181,942 |
BW LPG Ltd. (d) | 37,155 | 241,230 |
Det Norske Oljeselskap A.S.A. * | 43,331 | 303,198 |
DNO A.S.A. *(b) | 238,988 | 172,572 |
Hoegh LNG Holdings Ltd. | 16,993 | 163,737 |
Ocean Yield A.S.A. | 10,152 | 54,733 |
Petroleum Geo-Services A.S.A. | 86,734 | 196,894 |
Prosafe SE | 80,539 | 99,777 |
TGS Nopec Geophysical Co. A.S.A. (b) | 41,852 | 611,143 |
2,079,005 | ||
Food, Beverage & Tobacco 0.2% | ||
Austevoll Seafood A.S.A. | 31,742 | 216,645 |
Bakkafrost P/F | 13,683 | 489,704 |
Leroy Seafood Group A.S.A. | 6,453 | 271,660 |
Salmar A.S.A. | 22,743 | 469,590 |
1,447,599 | ||
Insurance 0.1% | ||
Storebrand A.S.A. * | 182,959 | 719,227 |
Security | Number of Shares | Value ($) |
Real Estate 0.1% | ||
Entra A.S.A. (d) | 24,288 | 210,347 |
Norwegian Property A.S.A. * | 134,970 | 132,374 |
342,721 | ||
Retailing 0.1% | ||
XXL A.S.A. (d) | 42,120 | 475,908 |
Semiconductors & Semiconductor Equipment 0.1% | ||
Nordic Semiconductor A.S.A. *(b) | 74,596 | 387,625 |
REC Silicon A.S.A. *(b) | 865,344 | 105,219 |
492,844 | ||
Software & Services 0.1% | ||
Atea A.S.A. * | 39,757 | 346,597 |
Opera Software A.S.A. (b) | 43,649 | 337,468 |
684,065 | ||
Transportation 0.0% | ||
Norwegian Air Shuttle A.S.A. *(b) | 4,700 | 154,731 |
7,816,665 | ||
Portugal 0.4% | ||
Banks 0.0% | ||
Banco BPI S.A. - Reg'd * | 147,595 | 171,435 |
Food & Staples Retailing 0.1% | ||
Sonae, SGPS, S.A. | 436,109 | 451,109 |
Materials 0.1% | ||
Altri, SGPS, S.A. | 34,416 | 130,022 |
Portucel S.A. | 91,259 | 307,190 |
Semapa-Sociedade de Investimento e Gestao | 17,471 | 218,970 |
656,182 | ||
Media 0.1% | ||
NOS, SGPS S.A. | 104,670 | 726,616 |
Telecommunication Services 0.0% | ||
Pharol SGPS S.A. *(b) | 251,714 | 49,230 |
Transportation 0.1% | ||
CTT-Correios de Portugal S.A. | 57,495 | 441,734 |
2,496,306 | ||
Republic of Korea 5.2% | ||
Automobiles & Components 0.2% | ||
Halla Holdings Corp. | 3,194 | 156,252 |
Kumho Tire Co., Inc. * | 66,000 | 416,803 |
Nexen Tire Corp. | 12,130 | 134,865 |
S&T Motiv Co., Ltd. | 4,000 | 248,726 |
SL Corp. * | 6,000 | 85,389 |
Ssangyong Motor Co. * | 23,000 | 146,365 |
Sungwoo Hitech Co., Ltd. | 18,057 | 125,714 |
1,314,114 | ||
Banks 0.1% | ||
JB Financial Group Co., Ltd. | 49,294 | 212,849 |
Kwangju Bank | 25,000 | 160,103 |
372,952 | ||
Capital Goods 0.3% | ||
Hanjin Heavy Industries & Construction Co., Ltd. * | 27,262 | 70,872 |
Hyundai Corp. * | 2,962 | 49,099 |
Hyundai Elevator Co., Ltd. * | 4,611 | 172,628 |
Security | Number of Shares | Value ($) |
Hyundai Rotem Co., Ltd. * | 8,000 | 95,415 |
iMarketKorea, Inc. | 10,000 | 159,295 |
IS Dongseo Co., Ltd. | 3,300 | 105,668 |
Kolon Corp. | 1,517 | 76,789 |
Korea Electric Terminal Co., Ltd. | 3,100 | 218,582 |
Kumho Industrial Co., Ltd. * | 11,075 | 98,508 |
LG International Corp. | 10,000 | 268,456 |
LS Industrial Systems Co., Ltd. | 6,471 | 204,590 |
S&T Dynamics Co., Ltd. | 7,620 | 88,418 |
1,608,320 | ||
Consumer Durables & Apparel 0.3% | ||
Cuckoo Electronics Co., Ltd. * | 682 | 129,319 |
Fila Korea Ltd. | 3,900 | 294,227 |
Handsome Co., Ltd. | 6,000 | 196,005 |
Hansae Co., Ltd. | 7,000 | 329,425 |
HLB, Inc. * | 12,188 | 174,931 |
Hyundai Livart Furniture Co., Ltd. | 4,000 | 116,277 |
LF Corp. | 6,858 | 138,912 |
Youngone Corp. | 12,400 | 509,356 |
Youngone Holdings Co., Ltd. | 2,300 | 133,161 |
2,021,613 | ||
Consumer Services 0.1% | ||
Grand Korea Leisure Co., Ltd. | 7,871 | 166,432 |
Hana Tour Service, Inc. | 4,000 | 311,151 |
477,583 | ||
Diversified Financials 0.2% | ||
Daishin Securities Co., Ltd. | 17,563 | 168,998 |
Hankook Tire Worldwide Co., Ltd. * | 10,435 | 169,599 |
KIWOOM Securities Co., Ltd. * | 5,000 | 241,368 |
Meritz Financial Group, Inc. | 12,000 | 120,320 |
Meritz Securities Co., Ltd. | 126,000 | 338,765 |
SK Securities Co., Ltd. * | 100,000 | 86,521 |
Yuanta Securities Korea Co., Ltd. * | 29,845 | 81,086 |
1,206,657 | ||
Energy 0.0% | ||
Hankook Shell Oil Co., Ltd. | 325 | 123,514 |
SK Gas Ltd. | 2,222 | 129,723 |
253,237 | ||
Food & Staples Retailing 0.1% | ||
GS Retail Co., Ltd. | 7,500 | 309,291 |
Hyundai Greenfood Co., Ltd. | 22,000 | 351,338 |
660,629 | ||
Food, Beverage & Tobacco 0.4% | ||
Binggrae Co., Ltd. * | 2,060 | 116,268 |
Crown Confectionery Co., Ltd. | 259 | 98,012 |
Daesang Corp. | 8,535 | 217,050 |
Dongwon F&B Co., Ltd. | 560 | 133,129 |
Dongwon Industries Co., Ltd. | 500 | 111,183 |
Lotte Food Co., Ltd. | 400 | 291,097 |
Maeil Dairy Industry Co., Ltd. * | 3,000 | 111,951 |
Muhak Co., Ltd. | 7,847 | 218,589 |
Namyang Dairy Products Co., Ltd. | 297 | 195,486 |
Ottogi Corp. | 509 | 471,670 |
Samlip General Foods Co., Ltd. * | 1,110 | 225,285 |
Samyang Holdings Corp. | 2,310 | 330,614 |
2,520,334 | ||
Health Care Equipment & Services 0.2% | ||
Chabiotech Co., Ltd. * | 13,147 | 147,767 |
i-SENS, Inc. * | 3,000 | 101,763 |
Security | Number of Shares | Value ($) |
InBody Co., Ltd. | 4,659 | 196,652 |
Lutronic Corp. * | 3,147 | 130,796 |
Medipost Co., Ltd. * | 3,401 | 222,480 |
Osstem Implant Co., Ltd. * | 4,810 | 299,094 |
1,098,552 | ||
Household & Personal Products 0.2% | ||
Coreana Cosmetics Co., Ltd. | 9,331 | 68,358 |
Cosmax BTI, Inc. | 1,981 | 84,257 |
Cosmax, Inc. | 2,316 | 230,345 |
COSON Co., Ltd. * | 5,895 | 78,413 |
Korea Kolmar Co., Ltd. * | 5,364 | 349,157 |
Korea Kolmar Holdings Co., Ltd. * | 2,654 | 98,503 |
Sansung Life & Science Co., Ltd. * | 4,565 | 83,423 |
992,456 | ||
Insurance 0.2% | ||
Hanwha General Insurance Co., Ltd. * | 32,016 | 204,517 |
KB Insurance Co., Ltd. | 15,300 | 398,985 |
Korean Reinsurance Co. | 39,010 | 410,067 |
Meritz Fire & Marine Insurance Co., Ltd. | 21,092 | 268,617 |
Tongyang Life Insurance | 15,897 | 133,043 |
1,415,229 | ||
Materials 0.6% | ||
AK Holdings, Inc. | 2,276 | 99,197 |
Dongkuk Steel Mill Co., Ltd. * | 34,179 | 162,507 |
Foosung Co., Ltd. * | 28,999 | 103,409 |
Hanil Cement Co., Ltd. | 1,791 | 130,773 |
Hansol Chemical Co., Ltd. | 3,371 | 155,098 |
Hansol Paper Co., Ltd. | 5,915 | 102,832 |
Huchems Fine Chemical Corp. | 10,000 | 142,719 |
KISCO Corp. | 2,223 | 67,407 |
KISWIRE Ltd. * | 3,917 | 126,534 |
Kolon Industries, Inc. | 7,000 | 380,367 |
Korea PetroChemical Ind Co., Ltd. | 1,160 | 225,115 |
Lock & Lock Co., Ltd. | 12,300 | 124,323 |
Namhae Chemical Corp. * | 16,004 | 115,562 |
Poongsan Corp. | 7,750 | 175,154 |
Seah Besteel Corp. | 5,000 | 109,970 |
SK Chemicals Co., Ltd. | 7,750 | 500,707 |
SK Materials Co., Ltd. * | 2,229 | 213,582 |
Soulbrain Co., Ltd. | 4,228 | 144,443 |
Ssangyong Cement Industrial Co., Ltd. * | 20,662 | 323,288 |
Taekwang Industrial Co., Ltd. | 223 | 183,023 |
Young Poong Corp. * | 220 | 187,499 |
3,773,509 | ||
Media 0.3% | ||
CJ CGV Co., Ltd. | 5,460 | 514,345 |
CJ E&M Corp. | 8,200 | 493,976 |
CJ Hellovision Co., Ltd. | 12,500 | 119,269 |
Innocean Worldwide, Inc. | 4,800 | 326,805 |
KT Skylife Co., Ltd. | 6,000 | 71,561 |
Loen Entertainment, Inc. * | 2,494 | 175,651 |
SM Entertainment Co. * | 6,550 | 212,913 |
YG Entertainment, Inc. | 4,256 | 127,677 |
2,042,197 | ||
Pharmaceuticals, Biotechnology & Life Sciences 1.0% | ||
Amicogen, Inc. | 3,131 | 142,284 |
Binex Co., Ltd. * | 9,655 | 178,392 |
Bukwang Pharmaceutical Co., Ltd. | 12,382 | 283,343 |
Security | Number of Shares | Value ($) |
Cell Biotech Co., Ltd. | 2,000 | 110,132 |
Chong Kun Dang Pharmaceutical Corp. | 2,380 | 246,333 |
Chongkundang Holdings Corp. | 1,200 | 94,121 |
Dae Hwa Pharmaceutical Co., Ltd. | 4,372 | 127,621 |
Daewoong Pharmaceutical Co., Ltd. | 1,946 | 118,330 |
Dong-A Socio Holdings Co., Ltd. | 1,200 | 231,422 |
Dong-A ST Co., Ltd. | 1,700 | 217,191 |
Genexine Co., Ltd. * | 2,233 | 180,922 |
Green Cross Corp. | 2,200 | 324,654 |
Green Cross Holdings Corp. | 11,000 | 368,238 |
Humedix Co., Ltd. | 2,230 | 98,995 |
Huons Co., Ltd. | 2,736 | 182,961 |
Ilyang Pharmaceutical Co., Ltd. * | 5,031 | 206,659 |
iNtRON Biotechnology, Inc. * | 4,576 | 303,044 |
JW Holdings Corp. | 12,859 | 84,222 |
JW Pharmaceutical Corp. | 4,650 | 129,156 |
Kolon Life Science, Inc. | 1,700 | 262,829 |
Komipharm International Co., Ltd. * | 13,500 | 366,783 |
Kwang Dong Pharmaceutical Co., Ltd. * | 12,500 | 111,183 |
LG Life Sciences Ltd. * | 4,550 | 224,060 |
Medy-Tox, Inc. | 1,600 | 576,373 |
Naturalendo Tech Co., Ltd. * | 5,386 | 80,352 |
Pharmicell Co., Ltd. * | 18,684 | 80,223 |
Samsung Pharmaceutical Co., Ltd. * | 9,273 | 51,663 |
Seegene, Inc. * | 6,000 | 164,470 |
ViroMed Co., Ltd. * | 4,779 | 551,824 |
6,097,780 | ||
Real Estate 0.0% | ||
Korea Real Estate Investment & Trust Co., Ltd. | 63,994 | 191,201 |
Retailing 0.2% | ||
CJ O Shopping Co., Ltd. | 1,206 | 182,650 |
GS Home Shopping, Inc. | 1,222 | 181,813 |
Hyundai Home Shopping Network Corp. | 2,269 | 233,010 |
Interpark Holdings Corp. | 17,914 | 135,727 |
LOTTE Himart Co., Ltd. * | 4,500 | 193,944 |
NS Shopping Co., Ltd. * | 751 | 118,416 |
Seobu T&D * | 7,384 | 117,026 |
1,162,586 | ||
Semiconductors & Semiconductor Equipment 0.3% | ||
Dongbu HiTek Co., Ltd. * | 13,653 | 167,806 |
Eo Technics Co., Ltd. * | 3,490 | 354,164 |
GemVax & Kael Co., Ltd. * | 12,326 | 182,393 |
Hansol Technics Co., Ltd. * | 6,471 | 98,109 |
Koh Young Technology, Inc. | 6,428 | 188,937 |
LEENO Industrial, Inc. | 3,922 | 120,987 |
Seoul Semiconductor Co., Ltd. | 14,380 | 164,532 |
Silicon Works Co., Ltd. | 3,914 | 91,781 |
Wonik IPS Co., Ltd. * | 20,482 | 219,444 |
1,588,153 | ||
Software & Services 0.2% | ||
Com2uSCorp * | 4,800 | 478,176 |
Daou Technology, Inc. | 9,600 | 168,836 |
DuzonBizon Co., Ltd. | 10,321 | 187,359 |
Gamevil, Inc. * | 1,824 | 130,675 |
GOLFZON Co., Ltd. | 1,200 | 69,475 |
Hancom, Inc. * | 8,000 | 140,050 |
Security | Number of Shares | Value ($) |
Posco ICT Co., Ltd. * | 22,300 | 83,127 |
Webzen, Inc. * | 6,000 | 103,097 |
WeMade Entertainment Co., Ltd. * | 5,056 | 141,660 |
1,502,455 | ||
Technology Hardware & Equipment 0.2% | ||
Daeduck Electronics Co. * | 20,000 | 132,449 |
Green Cross Cell Corp. * | 3,000 | 100,429 |
Humax Co., Ltd. | 8,338 | 89,333 |
KH Vatec Co., Ltd. | 6,981 | 97,938 |
KONA I Co., Ltd. | 5,368 | 87,029 |
LG Innotek Co., Ltd. | 8,000 | 564,082 |
Partron Co., Ltd. | 15,000 | 141,304 |
SFA Engineering Corp. | 4,581 | 235,958 |
Sindoh Co., Ltd. | 1,859 | 76,813 |
1,525,335 | ||
Transportation 0.1% | ||
Asiana Airlines, Inc. * | 38,700 | 139,254 |
Hanjin Kal Corp. | 9,947 | 118,235 |
Hanjin Transportation Co., Ltd. | 4,586 | 178,367 |
Pan Ocean Co., Ltd. * | 72,531 | 198,233 |
634,089 | ||
Utilities 0.0% | ||
E1 Corp. | 2,000 | 90,887 |
Samchully Co., Ltd. * | 1,000 | 78,515 |
169,402 | ||
32,628,383 | ||
Singapore 1.7% | ||
Capital Goods 0.1% | ||
Sarine Technologies Ltd. | 120,972 | 121,699 |
United Engineers Ltd. | 187,327 | 269,027 |
390,726 | ||
Consumer Durables & Apparel 0.0% | ||
China Hongxing Sports Ltd. *(a)(e) | 884,000 | — |
Consumer Services 0.1% | ||
Accordia Golf Trust | 332,545 | 137,127 |
Genting Hong Kong Ltd. | 822,311 | 259,028 |
GL Ltd. | 331,639 | 198,057 |
OUE Ltd. | 111,990 | 129,383 |
723,595 | ||
Diversified Financials 0.0% | ||
ARA Asset Management Ltd. | 173,446 | 130,095 |
Energy 0.0% | ||
Ezion Holdings Ltd. | 566,153 | 201,256 |
Food, Beverage & Tobacco 0.1% | ||
First Resources Ltd. | 265,391 | 359,440 |
Health Care Equipment & Services 0.2% | ||
Biosensors International Group Ltd. * | 555,130 | 323,633 |
Raffles Medical Group Ltd. | 122,990 | 382,117 |
Religare Health Trust | 277,565 | 182,537 |
888,287 | ||
Materials 0.0% | ||
Midas Holdings Ltd. | 555,130 | 104,589 |
Media 0.0% | ||
Asian Pay Television Trust | 603,725 | 253,242 |
Security | Number of Shares | Value ($) |
Real Estate 1.0% | ||
Ascendas India Trust | 277,565 | 173,657 |
Ascott Residence Trust | 330,357 | 265,404 |
Cache Logistics Trust | 365,391 | 219,513 |
Cambridge Industrial Trust | 534,297 | 199,428 |
CapitaLand Retail China Trust | 208,637 | 211,374 |
CDL Hospitality Trusts | 296,668 | 269,976 |
Far East Hospitality Trust | 369,510 | 166,819 |
First Real Estate Investment Trust | 208,637 | 172,807 |
Frasers Centrepoint Trust | 252,038 | 355,690 |
Frasers Commercial Trust | 251,488 | 219,921 |
Keppel DC REIT | 221,689 | 166,281 |
Keppel REIT | 747,125 | 499,305 |
Lippo Malls Indonesia Retail Trust | 832,773 | 186,501 |
Mapletree Commercial Trust | 595,236 | 596,696 |
Mapletree Greater China Commercial Trust | 796,352 | 515,218 |
Mapletree Industrial Trust | 497,081 | 546,010 |
Mapletree Logistics Trust | 588,205 | 407,735 |
OUE Hospitality Trust | 303,620 | 161,896 |
Sabana Shari'ah Compliant Industrial Real Estate Investment Trust | 277,565 | 123,336 |
Soilbuild Business Space REIT | 357,836 | 180,629 |
SPH REIT | 304,293 | 204,441 |
Starhill Global REIT | 832,773 | 441,091 |
6,283,728 | ||
Software & Services 0.0% | ||
Silverlake Axis Ltd. | 322,680 | 136,500 |
Transportation 0.1% | ||
SATS Ltd. | 299,860 | 837,830 |
Utilities 0.1% | ||
China Everbright Water Ltd. * | 185,567 | 62,667 |
Keppel Infrastructure Trust | 1,103,831 | 364,922 |
SIIC Environment Holdings Ltd. * | 383,194 | 190,705 |
618,294 | ||
10,927,582 | ||
Spain 2.3% | ||
Automobiles & Components 0.0% | ||
Cie Automotive S.A. | 16,829 | 253,438 |
Banks 0.0% | ||
Liberbank S.A. * | 85,530 | 98,509 |
Capital Goods 0.5% | ||
Construcciones y Auxiliar de Ferrocarriles S.A. | 1,215 | 340,865 |
Fomento de Construcciones y Contratas S.A. *(b) | 55,128 | 389,346 |
Gamesa Corp. Tecnologica S.A. | 90,025 | 1,706,901 |
Obrascon Huarte Lain S.A. | 54,360 | 315,170 |
Sacyr S.A. | 85,011 | 150,838 |
2,903,120 | ||
Commercial & Professional Services 0.1% | ||
Applus Services S.A. | 41,728 | 317,377 |
Prosegur Cia de Seguridad S.A. | 88,565 | 441,697 |
759,074 |
Security | Number of Shares | Value ($) |
Consumer Services 0.1% | ||
Melia Hotels International S.A. | 30,432 | 324,873 |
NH Hotel Group S.A. * | 85,624 | 383,303 |
708,176 | ||
Diversified Financials 0.1% | ||
Bolsas y Mercados Espanoles SHMSF S.A. (b) | 28,716 | 904,840 |
Energy 0.1% | ||
Tecnicas Reunidas S.A. (b) | 12,932 | 351,844 |
Food, Beverage & Tobacco 0.3% | ||
Ebro Foods S.A. | 40,000 | 819,693 |
Viscofan S.A. | 19,965 | 1,193,331 |
2,013,024 | ||
Insurance 0.1% | ||
Grupo Catalana Occidente S.A. | 18,626 | 540,964 |
Materials 0.0% | ||
Ence Energia y Celulosa S.A. | 78,343 | 246,007 |
Media 0.1% | ||
Atresmedia Corp de Medios de Comunicaion S.A. | 31,920 | 332,607 |
Promotora de Informaciones S.A., Class A *(b) | 22,145 | 125,842 |
458,449 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.2% | ||
Almirall S.A. | 24,893 | 421,671 |
Faes Farma S.A. | 117,193 | 339,987 |
Pharma Mar S.A. * | 94,638 | 232,393 |
994,051 | ||
Real Estate 0.3% | ||
Hispania Activos Inmobiliarios S.A. * | 30,963 | 388,743 |
Inmobiliaria Colonial S.A. * | 739,658 | 482,206 |
Merlin Properties Socimi S.A. | 131,036 | 1,374,082 |
2,245,031 | ||
Software & Services 0.1% | ||
Indra Sistemas S.A. *(b) | 49,208 | 451,422 |
Telecommunication Services 0.2% | ||
Cellnex Telecom SAU (d) | 56,848 | 912,316 |
Euskaltel S.A. *(d) | 34,687 | 380,284 |
Let's GOWEX S.A. *(a)(e) | 5,361 | — |
1,292,600 | ||
Transportation 0.1% | ||
Cia de Distribucion Integral Logista Holdings S.A. | 16,056 | 347,168 |
14,567,717 | ||
Sweden 4.5% | ||
Banks 0.0% | ||
Collector AB * | 8,099 | 123,292 |
Capital Goods 0.8% | ||
Concentric AB | 16,127 | 170,867 |
Haldex AB | 14,687 | 108,157 |
Indutrade AB | 13,499 | 750,791 |
Lindab International AB | 34,492 | 259,828 |
NCC AB, B Shares | 38,076 | 1,282,958 |
Nibe Industrier AB, B Shares | 20,714 | 647,546 |
Peab AB | 88,010 | 768,521 |
Security | Number of Shares | Value ($) |
Saab AB, Class B | 13,853 | 443,062 |
Sweco AB, B Shares | 26,038 | 388,953 |
4,820,683 | ||
Commercial & Professional Services 0.3% | ||
AF AB, B Shares | 23,382 | 379,087 |
Intrum Justitia AB | 15,925 | 487,082 |
Loomis AB, B Shares | 27,878 | 896,495 |
1,762,664 | ||
Consumer Durables & Apparel 0.1% | ||
JM AB | 20,502 | 486,478 |
Nobia AB | 24,006 | 229,889 |
Thule Group AB (d) | 22,477 | 277,400 |
993,767 | ||
Consumer Services 0.2% | ||
Betsson AB * | 51,243 | 735,631 |
Pandox AB * | 16,204 | 265,071 |
Rezidor Hotel Group AB | 53,704 | 218,845 |
1,219,547 | ||
Diversified Financials 0.3% | ||
Avanza Bank Holding AB | 14,318 | 555,956 |
Investment AB Oresund | 10,096 | 257,428 |
L E Lundbergfortagen AB, B Shares | 10,645 | 536,656 |
Ratos AB, B Shares | 86,618 | 465,417 |
1,815,457 | ||
Food & Staples Retailing 0.2% | ||
Axfood AB | 42,475 | 712,128 |
ICA Gruppen AB (b) | 29,999 | 892,052 |
1,604,180 | ||
Food, Beverage & Tobacco 0.1% | ||
AAK AB | 11,434 | 780,114 |
Health Care Equipment & Services 0.3% | ||
Elekta AB, B Shares | 144,604 | 1,278,706 |
Lifco AB, B Shares | 16,562 | 420,948 |
1,699,654 | ||
Materials 0.5% | ||
BillerudKorsnas AB | 70,287 | 1,108,042 |
Hexpol AB | 106,874 | 1,075,098 |
Holmen AB, B Shares | 12,717 | 371,638 |
SSAB AB, A Shares *(b) | 87,860 | 238,347 |
SSAB AB, B Shares *(b) | 82,931 | 192,533 |
2,985,658 | ||
Media 0.1% | ||
Modern Times Group MTG AB, B Shares | 22,194 | 600,271 |
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
Swedish Orphan Biovitrum AB * | 63,528 | 768,499 |
Real Estate 1.0% | ||
Atrium Ljungberg AB, B Shares | 13,403 | 207,547 |
Castellum AB | 70,394 | 1,063,012 |
Fabege AB | 56,016 | 867,413 |
Fastighets AB Balder, B Shares * | 40,938 | 945,174 |
Hemfosa Fastigheter AB | 36,485 | 403,553 |
Hufvudstaden AB, A Shares | 61,184 | 892,589 |
Kungsleden AB | 72,117 | 482,801 |
Wallenstam AB, B Shares | 106,975 | 822,655 |
Wihlborgs Fastigheter AB | 36,396 | 716,995 |
6,401,739 |
Security | Number of Shares | Value ($) |
Retailing 0.0% | ||
Mekonomen AB | 9,231 | 197,756 |
Software & Services 0.1% | ||
NetEnt AB * | 11,486 | 669,991 |
Technology Hardware & Equipment 0.2% | ||
Axis Communications AB | 6,291 | 249,035 |
Fingerprint Cards AB, B Shares *(b) | 20,999 | 1,148,859 |
1,397,894 | ||
Telecommunication Services 0.1% | ||
Com Hem Holding AB | 50,191 | 438,278 |
Transportation 0.1% | ||
SAS AB *(b) | 137,106 | 370,345 |
28,649,789 | ||
Switzerland 3.6% | ||
Automobiles & Components 0.1% | ||
Autoneum Holding AG * | 2,164 | 468,215 |
Banks 0.2% | ||
St. Galler Kantonalbank AG - Reg'd | 825 | 321,800 |
Valiant Holding AG - Reg'd | 6,218 | 631,789 |
953,589 | ||
Capital Goods 1.0% | ||
AFG Arbonia-Forster Holding AG - Reg'd * | 12,586 | 127,629 |
Belimo Holding AG - Reg'd | 150 | 384,036 |
Bucher Industries AG - Reg'd | 2,733 | 607,791 |
Burckhardt Compression Holding AG | 1,313 | 412,290 |
Conzzeta AG - Reg'd | 320 | 201,446 |
Daetwyler Holding AG | 2,439 | 315,895 |
Georg Fischer AG - Reg'd | 1,699 | 1,162,518 |
Huber & Suhner AG - Reg'd | 6,075 | 285,757 |
Implenia AG - Reg'd | 4,834 | 263,055 |
OC Oerlikon Corp. AG - Reg'd * | 83,052 | 817,178 |
Rieter Holding AG - Reg'd * | 1,924 | 376,687 |
Schweiter Technologies AG | 546 | 461,304 |
SFS Group AG * | 5,258 | 353,701 |
Zehnder Group AG - Reg'd | 4,375 | 168,455 |
5,937,742 | ||
Commercial & Professional Services 0.2% | ||
dorma+kaba Holding AG, B Shares - Reg'd | 1,374 | 828,400 |
Gategroup Holding AG * | 8,402 | 307,905 |
1,136,305 | ||
Consumer Durables & Apparel 0.1% | ||
Forbo Holding AG - Reg'd * | 599 | 624,259 |
Consumer Services 0.1% | ||
Kuoni Reisen Holding AG - Reg'd * | 1,238 | 453,685 |
Diversified Financials 0.3% | ||
Cembra Money Bank AG * | 12,057 | 785,642 |
EFG International AG * | 29,570 | 181,992 |
Leonteq AG *(b) | 3,856 | 367,791 |
Vontobel Holding AG - Reg'd | 7,050 | 307,907 |
VZ Holding AG | 1,005 | 265,629 |
1,908,961 |
Security | Number of Shares | Value ($) |
Food, Beverage & Tobacco 0.1% | ||
Bell AG - Reg'd | 20 | 77,470 |
Emmi AG - Reg'd * | 1,200 | 578,916 |
656,386 | ||
Health Care Equipment & Services 0.2% | ||
Straumann Holding AG - Reg'd | 2,986 | 972,848 |
Materials 0.0% | ||
Schmolz + Bickenbach AG - Reg'd * | 222,422 | 120,590 |
Pharmaceuticals, Biotechnology & Life Sciences 0.2% | ||
Basilea Pharmaceutica - Reg'd * | 1,021 | 72,782 |
Cosmo Pharmaceuticals S.A. * | 2,012 | 316,142 |
Siegfried Holding AG - Reg'd * | 484 | 87,324 |
Tecan Group AG - Reg'd | 5,612 | 871,100 |
1,347,348 | ||
Real Estate 0.2% | ||
Allreal Holding AG - Reg'd * | 4,608 | 615,788 |
Mobimo Holding AG - Reg'd * | 3,101 | 687,139 |
1,302,927 | ||
Retailing 0.0% | ||
Valora Holding AG - Reg'd * | 1,112 | 232,225 |
Semiconductors & Semiconductor Equipment 0.2% | ||
ams AG | 23,349 | 705,627 |
Meyer Burger Technology AG *(b) | 37,196 | 191,582 |
U-Blox AG * | 2,011 | 397,758 |
1,294,967 | ||
Software & Services 0.1% | ||
Temenos Group AG - Reg'd * | 17,739 | 875,373 |
Technology Hardware & Equipment 0.2% | ||
Ascom Holding AG - Reg'd | 16,179 | 272,087 |
Kudelski S.A. | 15,132 | 219,535 |
Logitech International S.A. - Reg'd | 62,102 | 966,447 |
1,458,069 | ||
Telecommunication Services 0.1% | ||
Sunrise Communications Group AG *(d) | 12,123 | 720,564 |
Transportation 0.3% | ||
Flughafen Zuerich AG - Reg'd | 1,469 | 1,171,808 |
Panalpina Welttransport Holding AG - Reg'd | 5,822 | 528,422 |
1,700,230 | ||
Utilities 0.0% | ||
BKW AG | 6,500 | 253,865 |
22,418,148 | ||
United Kingdom 18.1% | ||
Banks 0.3% | ||
Aldermore Group plc * | 53,198 | 148,570 |
BGEO Group plc | 11,480 | 318,371 |
OneSavings Bank plc | 33,243 | 126,798 |
Shawbrook Group plc *(d) | 24,727 | 96,349 |
The Paragon Group of Cos. plc | 110,702 | 485,810 |
Virgin Money Holdings UK plc | 89,651 | 416,042 |
1,591,940 | ||
Capital Goods 1.9% | ||
Balfour Beatty plc * | 273,957 | 959,811 |
Bodycote plc | 79,362 | 634,285 |
Security | Number of Shares | Value ($) |
Carillion plc (b) | 179,729 | 689,294 |
Chemring Group plc | 74,552 | 129,870 |
Diploma plc | 40,978 | 408,315 |
Fenner plc | 83,943 | 155,295 |
Galliford Try plc | 32,901 | 674,924 |
Grafton Group plc | 87,498 | 811,492 |
Interserve plc | 61,594 | 373,564 |
John Laing Group plc (d) | 114,457 | 327,468 |
Keller Group plc | 29,250 | 338,127 |
Kier Group plc | 31,660 | 586,373 |
Morgan Advanced Materials plc | 143,666 | 424,452 |
QinetiQ Group plc | 276,293 | 897,148 |
Rotork plc | 385,195 | 856,208 |
Senior plc | 177,252 | 513,798 |
SIG plc | 235,593 | 457,353 |
Speedy Hire plc | 215,620 | 102,166 |
Spirax-Sarco Engineering plc | 32,529 | 1,425,705 |
Ultra Electronics Holdings plc | 30,993 | 774,430 |
Vesuvius plc | 120,497 | 503,774 |
12,043,852 | ||
Commercial & Professional Services 1.3% | ||
AA plc | 233,205 | 924,609 |
Berendsen plc | 70,903 | 1,147,189 |
Cape plc | 41,998 | 124,080 |
De La Rue plc | 45,006 | 263,896 |
Hays plc | 557,486 | 892,673 |
HomeServe plc | 114,296 | 645,574 |
Michael Page International plc | 137,813 | 710,224 |
Mitie Group plc | 156,127 | 608,132 |
Regus plc | 278,754 | 1,124,625 |
RPS Group plc | 104,203 | 251,226 |
Serco Group plc * | 479,908 | 625,328 |
Shanks Group plc | 205,234 | 223,806 |
WS Atkins plc | 40,516 | 723,857 |
8,265,219 | ||
Consumer Durables & Apparel 0.7% | ||
Bellway plc | 47,843 | 1,712,188 |
Bovis Homes Group plc | 62,823 | 838,293 |
Crest Nicholson Holdings plc | 97,201 | 760,604 |
Redrow plc | 83,774 | 506,217 |
Ted Baker plc | 9,115 | 377,904 |
4,195,206 | ||
Consumer Services 2.2% | ||
888 Holdings plc | 55,516 | 137,327 |
Dignity plc | 22,597 | 791,373 |
Domino's Pizza Group plc | 61,136 | 892,035 |
Enterprise Inns plc * | 221,543 | 268,760 |
Greene King plc | 127,151 | 1,605,411 |
GVC Holdings plc | 110,000 | 749,617 |
J.D. Wetherspoon plc | 36,385 | 364,831 |
Ladbrokes plc | 418,098 | 799,994 |
Marston's plc | 247,363 | 546,734 |
Mitchells & Butlers plc | 105,910 | 413,122 |
Paddy Power Betfair plc | 33,793 | 5,086,144 |
SSP Group plc | 199,450 | 795,781 |
The Restaurant Group plc | 82,349 | 622,581 |
Thomas Cook Group plc * | 621,579 | 906,079 |
13,979,789 |
Security | Number of Shares | Value ($) |
Diversified Financials 1.6% | ||
Allied Minds plc * | 39,202 | 165,043 |
Brewin Dolphin Holdings plc | 106,590 | 385,471 |
Close Brothers Group plc | 60,262 | 1,112,750 |
Henderson Group plc | 423,610 | 1,388,486 |
IG Group Holdings plc | 143,676 | 1,523,727 |
Intermediate Capital Group plc | 128,250 | 1,033,055 |
International Personal Finance plc | 110,544 | 412,711 |
Jupiter Fund Management plc | 158,705 | 885,127 |
Kennedy Wilson Europe Real Estate plc | 43,663 | 684,549 |
Man Group plc | 662,035 | 1,424,513 |
SVG Capital plc * | 89,000 | 599,067 |
Tullett Prebon plc | 114,942 | 557,437 |
10,171,936 | ||
Energy 0.3% | ||
Cairn Energy plc * | 254,605 | 581,546 |
EnQuest plc * | 330,270 | 64,437 |
Genel Energy plc * | 62,757 | 64,719 |
Hunting plc | 60,865 | 298,360 |
Lamprell plc * | 110,979 | 151,567 |
Ophir Energy plc * | 281,369 | 304,870 |
Premier Oil plc * | 229,195 | 126,964 |
Soco International plc | 94,167 | 216,859 |
Stobart Group Ltd. | 144,132 | 210,906 |
2,020,228 | ||
Food & Staples Retailing 0.3% | ||
Booker Group plc | 651,865 | 1,510,734 |
Greggs plc | 39,787 | 573,878 |
2,084,612 | ||
Food, Beverage & Tobacco 0.4% | ||
Britvic plc | 105,933 | 1,023,064 |
Dairy Crest Group plc | 50,645 | 412,886 |
Devro plc | 82,783 | 357,636 |
Greencore Group plc | 151,938 | 805,462 |
Premier Foods plc * | 263,614 | 111,130 |
2,710,178 | ||
Health Care Equipment & Services 0.6% | ||
Mediclinic International plc | 155,000 | 1,919,231 |
NMC Health plc | 26,917 | 331,977 |
Spire Healthcare Group plc (d) | 108,901 | 524,802 |
UDG Healthcare plc | 96,227 | 750,971 |
3,526,981 | ||
Insurance 1.1% | ||
Beazley plc | 230,272 | 1,153,019 |
Chesnara plc | 35,836 | 163,807 |
esure Group plc | 108,508 | 375,925 |
Hiscox Ltd. | 120,000 | 1,627,167 |
Jardine Lloyd Thompson Group plc | 51,123 | 567,466 |
Just Retirement Group plc | 101,574 | 184,020 |
Lancashire Holdings Ltd. | 90,098 | 741,435 |
Phoenix Group Holdings | 93,860 | 1,109,212 |
Saga plc | 313,360 | 830,601 |
6,752,652 | ||
Materials 1.0% | ||
Acacia Mining plc | 60,576 | 209,527 |
Centamin plc | 477,340 | 615,995 |
Elementis plc | 210,533 | 684,499 |
Essentra plc | 113,571 | 1,320,784 |
Security | Number of Shares | Value ($) |
Evraz plc * | 199,525 | 190,331 |
Hochschild Mining plc * | 79,145 | 77,208 |
KAZ Minerals plc *(b) | 117,673 | 248,443 |
Petra Diamonds Ltd. | 213,540 | 278,990 |
RPC Group plc | 124,172 | 1,278,811 |
Synthomer plc | 112,893 | 473,399 |
Vedanta Resources plc (b) | 46,442 | 178,696 |
Victrex plc | 36,868 | 797,406 |
6,354,089 | ||
Media 0.5% | ||
Cineworld Group plc | 81,216 | 594,209 |
Entertainment One Ltd. | 183,609 | 404,542 |
ITE Group plc | 128,916 | 237,148 |
UBM plc | 184,638 | 1,519,424 |
2,755,323 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.6% | ||
BTG plc * | 160,478 | 1,396,645 |
Dechra Pharmaceuticals plc | 43,893 | 699,777 |
Genus plc | 26,744 | 533,340 |
Indivior plc | 245,816 | 577,229 |
Vectura Group plc * | 176,355 | 399,373 |
3,606,364 | ||
Real Estate 1.4% | ||
Big Yellow Group plc | 66,873 | 683,580 |
Countrywide plc | 71,157 | 353,025 |
Foxtons Group plc | 115,061 | 252,951 |
Grainger plc | 215,205 | 649,604 |
Great Portland Estates plc | 134,930 | 1,312,508 |
Hansteen Holdings plc | 271,369 | 406,922 |
Helical Bar plc | 50,000 | 264,261 |
Londonmetric Property plc | 300,000 | 656,804 |
Redefine International plc | 358,039 | 212,010 |
Savills plc | 62,809 | 575,076 |
Shaftesbury plc | 116,627 | 1,395,332 |
ST Modwen Properties plc | 58,186 | 264,996 |
The Unite Group plc | 100,582 | 856,445 |
Tritax Big Box REIT plc | 294,327 | 537,328 |
U & I Group plc | 46,321 | 130,720 |
Workspace Group plc | 46,551 | 470,008 |
9,021,570 | ||
Retailing 1.0% | ||
AO World plc * | 68,114 | 146,183 |
Card Factory plc | 83,250 | 388,078 |
Debenhams plc | 516,477 | 575,810 |
Dunelm Group plc | 43,893 | 608,635 |
Halfords Group plc | 83,787 | 465,077 |
Home Retail Group plc | 373,145 | 917,826 |
Mothercare plc * | 41,003 | 112,855 |
N Brown Group plc | 64,700 | 300,162 |
Ocado Group plc *(b) | 173,146 | 627,370 |
Pets at Home Group plc | 122,648 | 454,653 |
Poundland Group plc | 70,308 | 176,366 |
SuperGroup plc | 16,626 | 306,539 |
WH Smith plc | 47,019 | 1,184,049 |
6,263,603 | ||
Semiconductors & Semiconductor Equipment 0.0% | ||
Imagination Technologies Group plc * | 81,032 | 193,951 |
Security | Number of Shares | Value ($) |
Software & Services 1.0% | ||
AVEVA Group plc | 26,032 | 553,243 |
Computacenter plc | 25,729 | 295,094 |
Fidessa Group plc | 16,236 | 517,694 |
Just Eat plc * | 175,714 | 944,483 |
Micro Focus International plc | 76,290 | 1,568,187 |
Moneysupermarket.com Group plc | 172,674 | 813,839 |
Playtech plc | 75,439 | 890,466 |
Sophos Group plc (d) | 101,293 | 297,852 |
Xchanging plc (b) | 92,415 | 244,378 |
Zoopla Property Group plc (b)(d) | 94,325 | 302,338 |
6,427,574 | ||
Technology Hardware & Equipment 0.9% | ||
Electrocomponents plc | 201,120 | 664,546 |
Halma plc | 161,225 | 1,994,063 |
Laird plc | 112,475 | 528,231 |
Oxford Instruments plc | 24,285 | 235,721 |
Premier Farnell plc | 153,156 | 250,790 |
Renishaw plc | 15,467 | 376,994 |
Spectris plc | 45,769 | 1,152,571 |
Spirent Communications plc | 286,395 | 337,256 |
Xaar plc | 33,759 | 221,589 |
5,761,761 | ||
Telecommunication Services 0.2% | ||
Cable & Wireless Communications plc | 1,085,746 | 1,146,926 |
KCOM Group plc | 220,536 | 333,463 |
1,480,389 | ||
Transportation 0.7% | ||
BBA Aviation plc | 417,529 | 1,128,243 |
Firstgroup plc * | 492,282 | 632,876 |
Go-Ahead Group plc | 16,344 | 587,646 |
National Express Group plc | 183,671 | 842,121 |
Northgate plc | 45,120 | 254,724 |
Stagecoach Group plc | 190,647 | 720,274 |
Wizz Air Holdings plc *(d) | 14,183 | 361,510 |
4,527,394 | ||
Utilities 0.1% | ||
Drax Group plc (b) | 151,938 | 492,933 |
Telecom Plus plc (b) | 24,048 | 284,863 |
777,796 | ||
114,512,407 | ||
Total Common Stock | ||
(Cost $656,636,655) | 624,810,081 | |
Preferred Stock 0.3% of net assets | ||
Germany 0.3% | ||
Capital Goods 0.1% | ||
Jungheinrich AG | 7,090 | 538,716 |
Health Care Equipment & Services 0.2% | ||
Draegerwerk AG & Co. KGaA | 2,940 | 197,353 |
Sartorius AG | 3,430 | 884,386 |
1,081,739 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
Biotest AG | 8,297 | 112,238 |
Security | Number of Shares | Value ($) |
Transportation 0.0% | ||
Sixt SE | 4,188 | 153,010 |
1,885,703 | ||
Sweden 0.0% | ||
Real Estate 0.0% | ||
Klovern AB | 8,648 | 284,544 |
Total Preferred Stock | ||
(Cost $1,972,980) | 2,170,247 | |
Rights 0.0% of net assets | ||
Spain 0.0% | ||
Fomento de Constructiones y Contratas S.A. *(e) | 55,121 | 13,612 |
Total Rights | ||
(Cost $—) | 13,612 | |
Other Investment Companies 4.4% of net assets | ||
Switzerland 0.2% | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.2% | ||
BB Biotech AG - Reg'd * | 4,852 | 1,128,236 |
United Kingdom 0.1% | ||
Real Estate 0.1% | ||
F&C Commercial Property Trust Ltd. | 266,590 | 484,091 |
UK Commercial Property Trust Ltd. | 197,357 | 215,766 |
699,857 | ||
United States 4.1% | ||
Equity Fund 0.1% | ||
iShares MSCI EAFE Small-Cap ETF (b) | 15,000 | 690,450 |
Money Market Fund 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.24% (c) | 300,785 | 300,785 |
Securities Lending Collateral 3.9% | ||
Wells Fargo Advantage Government Money Market Fund, Institutional Class 0.16% (c) | 24,642,718 | 24,642,718 |
25,633,953 | ||
Total Other Investment Companies | ||
(Cost $27,268,534) | 27,462,046 |
At 02/29/16, the tax basis cost of the fund's investments was $686,346,742 and the unrealized appreciation and depreciation were $65,367,135 and ($97,257,891), respectively, with a net unrealized depreciation of ($31,890,756).
* | Non-income producing security. |
(a) | Illiquid security. At the period end, the value of these amounted to $94,212 or 0.0% of net assets. |
(b) | All or a portion of this security is on loan. Securities on loan were valued at $23,581,911. |
(c) | The rate shown is the 7-day yield. |
(d) | Securities exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registrations, normally to qualified institutional buyers. At the period end, the value of these amounted to $9,719,812 or 1.5% of net assets. |
(e) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
CVA — | Dutch Certificate |
ETF — | Exchange-traded fund |
Reg'd — | Registered |
REIC — | Real Estate Investment Company |
REIT — | Real Estate Investment Trust |
Holdings by Category | Cost ($) | Value ($) | |
97.8% | Common Stock | 1,689,219,473 | 1,396,071,984 |
1.9% | Preferred Stock | 53,667,422 | 26,519,021 |
0.0% | Rights | — | 5,769 |
0.6% | Other Investment Companies | 8,504,021 | 8,504,021 |
100.3% | Total Investments | 1,751,390,916 | 1,431,100,795 |
(0.3%) | Other Assets and Liabilities, Net | (3,805,847) | |
100.0% | Net Assets | 1,427,294,948 |
Security | Number of Shares | Value ($) |
Common Stock 97.8% of net assets | ||
Brazil 5.5% | ||
Banks 0.9% | ||
Banco Bradesco S.A. | 324,739 | 1,898,996 |
Banco do Brasil S.A. | 470,358 | 1,600,444 |
Itau Unibanco Holding S.A. ADR | 1,549,505 | 9,761,882 |
13,261,322 | ||
Capital Goods 0.3% | ||
Embraer S.A. | 400,812 | 3,041,872 |
WEG S.A. | 279,485 | 926,396 |
3,968,268 | ||
Consumer Services 0.2% | ||
Estacio Participacoes S.A. | 140,818 | 451,546 |
Kroton Educacional S.A. | 781,981 | 1,959,227 |
2,410,773 | ||
Diversified Financials 0.3% | ||
BM&FBovespa S.A. - Bolsa de Valores Mercadorias e Futuros | 880,414 | 2,570,907 |
CETIP S.A. - Mercados Organizados | 117,397 | 1,118,123 |
Grupo BTG Pactual | 155,662 | 774,535 |
4,463,565 | ||
Energy 0.5% | ||
Cosan S.A. Industria e Comercio | 53,795 | 361,626 |
Petroleo Brasileiro S.A. * | 1,941,145 | 3,585,408 |
Ultrapar Participacoes S.A. ADR | 200,075 | 3,119,169 |
7,066,203 | ||
Food & Staples Retailing 0.1% | ||
Raia Drogasil S.A. | 129,075 | 1,492,408 |
Security | Number of Shares | Value ($) |
Food, Beverage & Tobacco 1.2% | ||
Ambev S.A. ADR | 2,367,310 | 10,274,124 |
BRF S.A. ADR | 441,185 | 5,633,933 |
JBS S.A. | 416,340 | 1,192,742 |
M Dias Branco S.A. | 32,707 | 521,431 |
17,622,230 | ||
Health Care Equipment & Services 0.0% | ||
Qualicorp S.A. | 99,584 | 322,329 |
Household & Personal Products 0.1% | ||
Hypermarcas S.A. * | 213,954 | 1,354,922 |
Natura Cosmeticos S.A. | 84,193 | 562,373 |
1,917,295 | ||
Insurance 0.2% | ||
BB Seguridade Participacoes S.A. | 324,646 | 1,967,799 |
Porto Seguro S.A. | 62,240 | 369,595 |
Sul America S.A. | 125,855 | 507,620 |
2,845,014 | ||
Materials 0.6% | ||
Companhia Siderurgica Nacional S.A. | 389,089 | 508,447 |
Duratex S.A. | 224,339 | 342,769 |
Fibria Celulose S.A. ADR (a) | 117,100 | 1,267,022 |
Klabin S.A. | 293,090 | 1,583,554 |
Usinas Siderurgicas de Minas Gerais S.A. | 65,061 | 56,571 |
Vale S.A. | 702,261 | 2,084,211 |
Vale S.A. ADR | 1,049,008 | 2,255,367 |
8,097,941 | ||
Real Estate 0.1% | ||
BR Malls Participacoes S.A. | 242,816 | 821,326 |
Multiplan Empreendimentos Imobiliarios S.A. | 38,900 | 459,551 |
1,280,877 | ||
Retailing 0.1% | ||
B2W Cia Digital * | 57,866 | 167,957 |
Lojas Americanas S.A. | 86,597 | 261,360 |
Lojas Renner S.A. | 330,935 | 1,496,954 |
1,926,271 | ||
Software & Services 0.3% | ||
Cielo S.A. | 457,874 | 3,568,133 |
TOTVS S.A. | 68,676 | 543,637 |
4,111,770 | ||
Telecommunication Services 0.1% | ||
Tim Participacoes S.A. | 433,586 | 757,275 |
Transportation 0.1% | ||
CCR S.A. | 506,614 | 1,607,955 |
Localiza Rent a Car S.A. | 83,102 | 480,113 |
2,088,068 | ||
Utilities 0.4% | ||
Companhia de Saneamento Basico do Estado de Sao Paulo | 186,720 | 1,060,925 |
CPFL Energia S.A. ADR * | 104,337 | 876,431 |
EDP - Energias do Brasil S.A. | 107,590 | 344,186 |
Equatorial Energia S.A. | 146,998 | 1,414,458 |
Security | Number of Shares | Value ($) |
Tractebel Energia S.A. | 109,536 | 971,684 |
Transmissora Alianca de Energia Eletrica S.A. | 77,800 | 368,735 |
5,036,419 | ||
78,668,028 | ||
Chile 1.5% | ||
Banks 0.3% | ||
Banco de Chile ADR (a) | 20,366 | 1,239,475 |
Banco de Credito e Inversiones | 16,085 | 647,312 |
Banco Santander Chile ADR | 85,185 | 1,464,330 |
Corpbanca S.A. | 115,004,837 | 947,050 |
4,298,167 | ||
Energy 0.1% | ||
Empresas COPEC S.A. | 205,755 | 1,740,086 |
Food & Staples Retailing 0.1% | ||
Cencosud S.A. | 662,078 | 1,444,309 |
Food, Beverage & Tobacco 0.1% | ||
Cia Cervecerias Unidas S.A. | 87,160 | 857,789 |
Materials 0.2% | ||
Empresas CMPC S.A. | 640,410 | 1,472,708 |
Sociedad Quimica y Minera de Chile S.A. ADR | 54,460 | 963,398 |
2,436,106 | ||
Retailing 0.1% | ||
S.A.C.I. Falabella | 244,300 | 1,586,957 |
Telecommunication Services 0.0% | ||
Empresa Nacional de Telecomunicaciones S.A. | 52,126 | 444,577 |
Transportation 0.1% | ||
Latam Airlines Group S.A. ADR *(a) | 168,954 | 964,727 |
Utilities 0.5% | ||
AES Gener S.A. | 609,620 | 274,300 |
Aguas Andinas S.A., A Shares | 731,600 | 381,241 |
Colbun S.A. | 4,136,221 | 1,074,578 |
Empresa Nacional de Electricidad S.A. ADR | 67,894 | 2,696,071 |
Enersis Americas S.A. ADR | 223,677 | 2,827,277 |
7,253,467 | ||
21,026,185 | ||
China 26.0% | ||
Automobiles & Components 0.7% | ||
BAIC Motor Corp., Ltd. (b) | 739,149 | 526,595 |
Brilliance China Automotive Holdings Ltd. | 1,619,236 | 1,320,185 |
Byd Co., Ltd., H Shares *(a) | 382,215 | 1,897,275 |
Chongqing Changan Automobile Co., Ltd., B Shares | 540,200 | 951,723 |
Dongfeng Motor Group Co., Ltd., H Shares | 1,668,920 | 1,946,607 |
Geely Automobile Holdings Ltd. | 2,854,355 | 1,057,148 |
Great Wall Motor Co., Ltd., H Shares | 1,821,923 | 1,309,716 |
Security | Number of Shares | Value ($) |
Guangzhou Automobile Group Co., Ltd., H Shares | 1,558,550 | 1,346,869 |
Weifu High-Technology Group Co., Ltd., B Shares | 154,100 | 281,600 |
10,637,718 | ||
Banks 5.7% | ||
Agricultural Bank of China Ltd., H Shares | 14,004,000 | 4,610,281 |
Bank of China Ltd., H Shares | 39,239,753 | 14,684,347 |
Bank of Communications Co., Ltd., H Shares | 4,562,694 | 2,605,192 |
China CITIC Bank Corp., Ltd., H Shares * | 4,324,408 | 2,385,719 |
China Construction Bank Corp., H Shares | 47,574,180 | 27,836,721 |
China Everbright Bank Co., Ltd., H Shares | 1,731,343 | 687,982 |
China Merchants Bank Co., Ltd., H Shares | 2,390,424 | 4,475,810 |
China Minsheng Banking Corp., Ltd., H Shares | 3,543,376 | 2,907,189 |
Chongqing Rural Commercial Bank Co., Ltd., H Shares | 1,586,372 | 742,577 |
Huishang Bank Corp., Ltd., H Shares | 1,144,120 | 501,720 |
Industrial & Commercial Bank of China Ltd., H Shares | 37,610,896 | 18,572,924 |
Shengjing Bank Co., Ltd., H Shares (a)(b) | 864,420 | 1,400,654 |
81,411,116 | ||
Capital Goods 1.7% | ||
AviChina Industry & Technology Co., Ltd., H Shares | 1,346,067 | 919,172 |
Beijing Enterprises Holdings Ltd. | 306,208 | 1,423,509 |
China Communications Construction Co., Ltd., H Shares | 2,557,342 | 2,302,090 |
China Conch Venture Holdings Ltd. | 670,680 | 1,048,780 |
China International Marine Containers Group Co., Ltd., H Shares | 381,101 | 545,960 |
China Railway Construction Corp., Ltd., H Shares | 1,154,764 | 1,094,450 |
China Railway Group Ltd., H Shares | 2,012,320 | 1,270,615 |
China State Construction International Holdings Ltd. | 968,224 | 1,486,673 |
CIMC Enric Holdings Ltd. | 638,749 | 336,782 |
CITIC Ltd. | 3,386,105 | 4,607,034 |
CRRC Corp., Ltd., H Shares | 2,240,733 | 2,045,897 |
CSSC Offshore & Marine Engineering Group Co., Ltd., H Shares * | 121,840 | 166,399 |
Fosun International Ltd. | 1,167,000 | 1,500,743 |
Haitian International Holdings Ltd. | 290,408 | 387,651 |
Shanghai Electric Group Co., Ltd., H Shares | 1,421,298 | 608,646 |
Shanghai Industrial Holdings Ltd. | 348,027 | 749,210 |
Shanghai Mechanical & Electrical Industry Co., Ltd., B shares | 112,800 | 255,154 |
Security | Number of Shares | Value ($) |
Sinopec Engineering Group Co., Ltd., H shares | 778,000 | 562,278 |
Weichai Power Co., Ltd., H Shares | 635,705 | 579,612 |
Zhuzhou CSR Times Electric Co., Ltd., H Shares | 291,360 | 1,425,673 |
Zoomlion Heavy Industry Science & Technology Co., Ltd., H Shares (a) | 1,301,908 | 358,286 |
23,674,614 | ||
Commercial & Professional Services 0.1% | ||
China Everbright International Ltd. | 1,562,518 | 1,661,751 |
Consumer Durables & Apparel 0.4% | ||
ANTA Sports Products Ltd. | 466,908 | 1,055,567 |
Belle International Holdings Ltd. | 3,420,712 | 2,225,883 |
Haier Electronics Group Co., Ltd. | 892,717 | 1,333,998 |
Shanghai Haixin Group Co., B Shares | 570,500 | 392,504 |
Shenzhou International Group Holdings Ltd. | 292,132 | 1,495,194 |
6,503,146 | ||
Diversified Financials 0.8% | ||
China Cinda Asset Management Co., Ltd., H Shares | 4,214,929 | 1,262,937 |
China Everbright Ltd. | 426,088 | 785,749 |
China Galaxy Securities Co., Ltd., H Shares | 1,994,896 | 1,403,276 |
China Huarong Asset Management Co., Ltd. *(a)(b) | 1,137,334 | 413,914 |
CITIC Securities Co., Ltd., H Shares | 1,113,836 | 2,142,832 |
Far East Horizon Ltd. | 1,404,327 | 1,038,416 |
GF Securities Co., Ltd. * | 645,595 | 1,190,542 |
Haitong Securities Co., Ltd., H Shares | 1,649,625 | 2,401,414 |
Huatai Securities Co., Ltd., H Shares *(b) | 510,864 | 961,793 |
11,600,873 | ||
Energy 2.1% | ||
China Coal Energy Co., Ltd., H Shares (a) | 1,521,623 | 508,763 |
China Oilfield Services Ltd., H Shares | 1,052,192 | 773,974 |
China Petroleum & Chemical Corp., H Shares | 13,573,511 | 7,558,149 |
China Shenhua Energy Co., Ltd., H Shares | 1,862,624 | 2,615,671 |
CNOOC Ltd. | 8,532,612 | 8,734,347 |
Inner Mongolia Yitai Coal Co., Ltd., B Shares | 661,300 | 480,104 |
Kunlun Energy Co., Ltd. | 1,556,000 | 1,112,551 |
PetroChina Co., Ltd., H Shares | 11,330,944 | 7,271,132 |
Sinopec Oilfield Service Corp., H Shares * | 968,160 | 206,676 |
Yanzhou Coal Mining Co., Ltd., H Shares (a) | 1,203,274 | 513,734 |
29,775,101 | ||
Food & Staples Retailing 0.1% | ||
China Resources Beer Holdings Co., Ltd. | 665,018 | 1,077,555 |
Security | Number of Shares | Value ($) |
Food, Beverage & Tobacco 0.2% | ||
Anhui Gujing Distillery Co., Ltd., B Shares | 99,200 | 292,134 |
China Agri-Industries Holdings Ltd. * | 1,559,184 | 431,093 |
China Huishan Dairy Holdings Co., Ltd. (a) | 2,559,635 | 961,161 |
China Yurun Food Group Ltd. *(a) | 778,000 | 117,058 |
Tsingtao Brewery Co., Ltd., H Shares | 235,392 | 850,616 |
Yantai Changyu Pioneer Wine Co., Ltd., B Shares | 111,500 | 320,184 |
2,972,246 | ||
Health Care Equipment & Services 0.2% | ||
Shandong Weigao Group Medical Polymer Co., Ltd., H Shares | 1,090,992 | 701,499 |
Shanghai Pharmaceuticals Holding Co., Ltd., H Shares | 389,000 | 700,347 |
Sinopharm Group Co., Ltd., H Shares | 525,005 | 1,917,419 |
3,319,265 | ||
Household & Personal Products 0.2% | ||
Hengan International Group Co., Ltd. | 389,000 | 3,079,024 |
Insurance 2.2% | ||
China Life Insurance Co., Ltd., H Shares | 3,886,212 | 8,455,946 |
China Pacific Insurance (Group) Co., Ltd., H Shares | 1,387,272 | 4,486,782 |
China Taiping Insurance Holdings Co., Ltd. * | 802,792 | 1,548,566 |
New China Life Insurance Co., Ltd., H Shares | 430,854 | 1,246,660 |
PICC Property & Casualty Co., Ltd., H Shares | 1,798,014 | 2,714,542 |
Ping An Insurance Group Co. of China Ltd., H Shares | 2,657,153 | 11,242,110 |
The People's Insurance Co. Group of China Ltd., H Shares | 3,449,177 | 1,246,399 |
30,941,005 | ||
Materials 0.7% | ||
Aluminum Corp. of China Ltd., H Shares *(a) | 2,107,864 | 721,040 |
Anhui Conch Cement Co., Ltd., H Shares | 769,744 | 1,528,372 |
BBMG Corp., H Shares | 902,329 | 505,926 |
China BlueChemical Ltd., H Shares | 2,139,500 | 473,234 |
China Molybdenum Co., Ltd., H Shares | 1,539,980 | 245,568 |
China National Building Material Co., Ltd., H Shares | 1,813,976 | 802,464 |
China Resources Cement Holdings Ltd. | 1,556,000 | 386,191 |
China Zhongwang Holdings Ltd. (a) | 1,055,440 | 469,618 |
Jiangxi Copper Co., Ltd., H Shares | 782,776 | 816,383 |
Lee & Man Paper Manufacturing Ltd. | 1,105,100 | 643,776 |
Nine Dragons Paper Holdings Ltd. | 778,000 | 519,257 |
Security | Number of Shares | Value ($) |
Sinopec Shanghai Petrochemical Co., Ltd., H Shares * | 1,015,325 | 430,878 |
Zhaojin Mining Industry Co., Ltd., H Shares | 859,876 | 675,635 |
Zijin Mining Group Co., Ltd., H Shares | 4,231,022 | 1,267,759 |
9,486,101 | ||
Media 0.1% | ||
Alibaba Pictures Group Ltd. *(a) | 7,281,548 | 1,507,596 |
Pharmaceuticals, Biotechnology & Life Sciences 0.4% | ||
3SBio, Inc. *(b) | 268,975 | 326,181 |
China Medical System Holdings Ltd. (e) | 550,964 | 701,445 |
China Traditional Chinese Medicine Co., Ltd. * | 972,293 | 531,400 |
CSPC Pharmaceutical Group Ltd. | 2,393,173 | 1,905,023 |
Luye Pharma Group Ltd. * | 693,502 | 557,395 |
Shanghai Fosun Pharmaceutical Group Co., Ltd., H Shares | 198,983 | 461,112 |
Sino Biopharmaceutical Ltd. | 2,514,310 | 1,839,782 |
6,322,338 | ||
Real Estate 1.7% | ||
China Jinmao Holdings Group Ltd. | 2,582,545 | 644,295 |
China Merchants Shekou Industrial Zone Co., Ltd. *(c) | 210,646 | 448,184 |
China Overseas Land & Investment Ltd. | 2,049,320 | 6,087,754 |
China Overseas Property Holdings Ltd. * | 668,914 | 73,978 |
China Resources Land Ltd. | 1,397,736 | 3,336,096 |
China Vanke Co., Ltd., H Shares | 809,924 | 1,824,793 |
Country Garden Holdings Co., Ltd. | 3,697,911 | 1,345,793 |
Dalian Wanda Commercial Properties Co., Ltd., H Shares (b) | 329,902 | 1,353,353 |
Evergrande Real Estate Group Ltd. (a) | 2,501,423 | 1,634,129 |
Greentown China Holdings Ltd. * | 778,000 | 622,308 |
Guangzhou R&F Properties Co., Ltd., H Shares | 691,248 | 816,041 |
Longfor Properties Co., Ltd. | 778,000 | 955,473 |
Renhe Commercial Holdings Co., Ltd. * | 10,892,000 | 441,218 |
Shanghai Jinqiao Export Processing Zone Development Co., Ltd., B Shares | 269,900 | 426,442 |
Shanghai Lujiazui Finance & Trade Zone Development Co., Ltd., B Shares (c)(e) | 313,200 | 1,044,835 |
Shimao Property Holdings Ltd. | 778,000 | 1,006,498 |
Sino-Ocean Land Holdings Ltd. | 2,409,943 | 1,053,710 |
SOHO China Ltd. | 656,028 | 294,431 |
Sunac China Holdings Ltd. | 994,361 | 639,366 |
Yuexiu Property Co., Ltd. | 5,755,705 | 806,790 |
24,855,487 | ||
Retailing 0.1% | ||
GOME Electrical Appliances Holding Ltd. | 8,558,000 | 1,133,561 |
Security | Number of Shares | Value ($) |
Semiconductors & Semiconductor Equipment 0.1% | ||
GCL-Poly Energy Holdings Ltd. | 6,754,490 | 981,536 |
Software & Services 3.7% | ||
Kingsoft Corp., Ltd. | 446,904 | 883,906 |
Tencent Holdings Ltd. | 2,773,754 | 50,615,754 |
TravelSky Technology Ltd., H Shares | 650,115 | 979,835 |
52,479,495 | ||
Technology Hardware & Equipment 0.3% | ||
Kingboard Chemical Holdings Ltd. | 558,732 | 814,802 |
Lenovo Group Ltd. | 3,771,940 | 3,148,073 |
ZTE Corp., H Shares | 443,724 | 723,548 |
4,686,423 | ||
Telecommunication Services 2.7% | ||
Alibaba Health Information Technology Ltd. * | 1,526,287 | 808,665 |
China Mobile Ltd. | 2,789,232 | 29,484,368 |
China Telecom Corp., Ltd., H Shares | 8,952,866 | 4,294,438 |
China Unicom (Hong Kong) Ltd. | 2,980,200 | 3,395,584 |
37,983,055 | ||
Transportation 0.7% | ||
Air China Ltd., H Shares | 1,127,722 | 668,557 |
Beijing Capital International Airport Co., Ltd., H Shares | 482,800 | 420,331 |
CAR, Inc. * | 240,595 | 274,748 |
China COSCO Holdings Co., Ltd., H Shares *(a) | 1,666,771 | 570,155 |
China Eastern Airlines Corp., Ltd., H Shares * | 917,553 | 430,685 |
China Merchants Holdings International Co., Ltd. | 735,995 | 2,039,659 |
China Shipping Container Lines Co., Ltd., H Shares * | 2,621,295 | 505,641 |
China Shipping Development Co., Ltd., H Shares | 460,751 | 271,966 |
China Southern Airlines Co., Ltd., H Shares | 910,508 | 510,512 |
COSCO Pacific Ltd. | 1,170,720 | 1,223,993 |
Dazhong Transportation Group Co., Ltd., B Shares | 326,100 | 357,406 |
Jiangsu Expressway Co., Ltd., H Shares | 610,064 | 717,062 |
Shenzhen International Holdings Ltd. | 352,548 | 534,071 |
Sinotrans Ltd., H Shares | 924,648 | 344,834 |
Zhejiang Expressway Co., Ltd., H Shares | 985,240 | 872,964 |
9,742,584 | ||
Utilities 1.1% | ||
Beijing Enterprises Water Group Ltd. * | 2,080,504 | 1,091,601 |
Beijing Jingneng Clean Energy Co., Ltd., H Shares | 787,552 | 225,850 |
CGN Power Co., Ltd., H Shares (b) | 4,863,359 | 1,400,941 |
China Gas Holdings Ltd. | 868,336 | 1,156,866 |
China Longyuan Power Group Corp., Ltd., H Shares | 1,556,000 | 852,422 |
Security | Number of Shares | Value ($) |
China Power International Development Ltd. | 1,539,417 | 643,391 |
China Resources Gas Group Ltd. | 371,192 | 969,014 |
China Resources Power Holdings Co., Ltd. | 1,055,934 | 1,708,255 |
Datang International Power Generation Co., Ltd., H Shares | 2,351,332 | 613,826 |
ENN Energy Holdings Ltd. | 383,928 | 1,755,193 |
Guangdong Electric Power Development Co., Ltd., B Shares | 543,300 | 304,622 |
Guangdong Investment Ltd. | 1,320,085 | 1,604,239 |
Huadian Energy Co., Ltd., B Shares * | 489,800 | 244,900 |
Huadian Fuxin Energy Corp., Ltd., H Shares | 1,406,901 | 253,295 |
Huadian Power International Corp., Ltd., H Shares | 838,932 | 455,276 |
Huaneng Power International, Inc., H Shares | 2,104,680 | 1,637,483 |
Huaneng Renewables Corp., Ltd., H Shares | 1,556,000 | 360,178 |
15,277,352 | ||
371,108,942 | ||
Colombia 0.6% | ||
Banks 0.1% | ||
Bancolombia S.A. ADR | 62,240 | 1,872,179 |
Diversified Financials 0.2% | ||
Corp. Financiera Colombiana S.A. * | 465 | 5,147 |
Corp. Financiera Colombiana S.A. | 57,924 | 659,535 |
Grupo de Inversiones Suramericana S.A. | 122,924 | 1,399,967 |
2,064,649 | ||
Energy 0.1% | ||
Ecopetrol S.A. ADR | 128,500 | 896,930 |
Food & Staples Retailing 0.0% | ||
Almacenes Exito S.A. | 123,307 | 527,552 |
Materials 0.1% | ||
Cementos Argos S.A. | 234,178 | 726,730 |
Cemex Latam Holdings S.A. * | 87,136 | 281,437 |
Grupo Argos S.A. | 146,320 | 789,126 |
1,797,293 | ||
Utilities 0.1% | ||
Interconexion Electrica S.A. ESP | 220,952 | 515,929 |
Isagen S.A. ESP (e) | 760,106 | 916,059 |
1,431,988 | ||
8,590,591 | ||
Czech Republic 0.2% | ||
Banks 0.1% | ||
Komercni Banka A/S | 8,558 | 1,594,594 |
Utilities 0.1% | ||
CEZ A/S | 89,678 | 1,321,352 |
2,915,946 |
Security | Number of Shares | Value ($) |
Egypt 0.2% | ||
Banks 0.1% | ||
Commercial International Bank Egypt SAE GDR - Reg'd | 747,213 | 2,663,814 |
Telecommunication Services 0.1% | ||
Global Telecom Holding SAE GDR * | 570,649 | 730,431 |
Orascom Telecom Media & Technology Holding SAE GDR *(c) | 176,826 | 66,628 |
797,059 | ||
3,460,873 | ||
Hungary 0.4% | ||
Banks 0.2% | ||
OTP Bank plc | 107,590 | 2,242,858 |
Energy 0.1% | ||
MOL Hungarian Oil & Gas plc | 23,650 | 1,152,580 |
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
Richter Gedeon Nyrt | 85,580 | 1,521,373 |
4,916,811 | ||
India 12.1% | ||
Automobiles & Components 0.9% | ||
Bajaj Auto Ltd. | 38,347 | 1,233,605 |
Bharat Forge Ltd. | 46,960 | 512,253 |
Bosch Ltd. | 3,637 | 889,597 |
Hero MotoCorp Ltd. | 49,793 | 1,819,182 |
Mahindra & Mahindra Ltd. | 172,716 | 3,099,927 |
Maruti Suzuki India Ltd. | 34,440 | 1,629,011 |
Motherson Sumi Systems Ltd. | 182,900 | 605,434 |
Tata Motors Ltd. * | 650,940 | 2,851,103 |
12,640,112 | ||
Banks 2.4% | ||
Axis Bank Ltd. | 418,640 | 2,298,926 |
Bank of Baroda | 288,200 | 555,551 |
HDFC Bank Ltd. | 382,447 | 5,431,949 |
Housing Development Finance Corp., Ltd. | 831,703 | 12,887,902 |
ICICI Bank Ltd. | 1,497,685 | 4,159,810 |
IDFC Bank Ltd. * | 525,396 | 349,752 |
IndusInd Bank Ltd. | 157,267 | 1,907,660 |
Kotak Mahindra Bank Ltd. | 296,012 | 2,727,161 |
LIC Housing Finance Ltd. | 140,906 | 868,706 |
State Bank of India | 833,640 | 1,934,093 |
Yes Bank Ltd. | 79,934 | 804,889 |
33,926,399 | ||
Capital Goods 0.6% | ||
ABB India Ltd. | 34,576 | 512,033 |
Ashok Leyland Ltd. | 514,542 | 659,110 |
Bharat Electronics Ltd. | 32,250 | 485,435 |
Bharat Heavy Electricals Ltd. | 435,680 | 578,466 |
Crompton Greaves Ltd. * | 110,293 | 209,383 |
Cummins India Ltd. | 58,410 | 690,804 |
Eicher Motors Ltd. | 7,436 | 2,053,999 |
Security | Number of Shares | Value ($) |
Larsen & Toubro Ltd. | 141,891 | 2,231,271 |
Siemens Ltd. | 47,458 | 683,867 |
8,104,368 | ||
Consumer Durables & Apparel 0.1% | ||
Titan Co., Ltd. | 162,071 | 750,370 |
Diversified Financials 0.2% | ||
Bajaj Finance Ltd. | 6,511 | 564,466 |
Bajaj Holdings & Investment Ltd. | 17,491 | 344,874 |
IDFC Ltd. | 525,105 | 287,781 |
Mahindra & Mahindra Financial Services Ltd. | 164,158 | 494,573 |
Power Finance Corp., Ltd. | 219,396 | 494,583 |
Rural Electrification Corp., Ltd. | 213,950 | 487,465 |
Shriram Transport Finance Co., Ltd. | 73,132 | 860,964 |
3,534,706 | ||
Energy 1.6% | ||
Bharat Petroleum Corp., Ltd. | 123,161 | 1,384,605 |
Cairn India Ltd. | 259,074 | 446,588 |
Coal India Ltd. | 708,100 | 3,218,401 |
Hindustan Petroleum Corp., Ltd. | 39,134 | 393,456 |
Indian Oil Corp., Ltd. | 303,538 | 1,630,921 |
Oil & Natural Gas Corp., Ltd. | 1,123,104 | 3,185,890 |
Reliance Industries Ltd. | 834,890 | 11,794,613 |
The Great Eastern Shipping Co., Ltd. | 80,792 | 334,031 |
22,388,505 | ||
Food, Beverage & Tobacco 0.5% | ||
Britannia Industries Ltd. | 15,854 | 638,620 |
ITC Ltd. | 1,071,435 | 4,629,445 |
Nestle India Ltd. | 14,237 | 1,042,001 |
United Spirits Ltd. * | 37,011 | 1,433,733 |
7,743,799 | ||
Household & Personal Products 0.6% | ||
Colgate-Palmolive (India) Ltd. | 59,920 | 718,427 |
Dabur India Ltd. | 294,380 | 1,020,274 |
Emami Ltd. | 23,955 | 344,455 |
Godrej Consumer Products Ltd. | 47,458 | 824,212 |
Hindustan Unilever Ltd. | 376,620 | 4,570,628 |
Marico Ltd. | 180,504 | 624,542 |
8,102,538 | ||
Materials 0.7% | ||
Ambuja Cements Ltd. | 362,666 | 996,172 |
Asian Paints Ltd. | 165,874 | 2,051,092 |
Hindalco Industries Ltd. | 542,498 | 545,075 |
JSW Steel Ltd. | 71,031 | 1,169,351 |
NMDC Ltd. | 418,564 | 497,934 |
Pidilite Industries Ltd. | 36,795 | 315,466 |
Shree Cement Ltd. | 3,150 | 460,528 |
Tata Steel Ltd. | 152,488 | 555,130 |
UltraTech Cement Ltd. | 42,220 | 1,708,298 |
UPL Ltd. | 141,821 | 791,027 |
Vedanta Ltd. | 659,542 | 680,507 |
9,770,580 | ||
Media 0.1% | ||
Sun TV Network Ltd. | 29,593 | 138,699 |
Zee Entertainment Enterprises Ltd. | 340,914 | 1,855,160 |
1,993,859 |
Security | Number of Shares | Value ($) |
Pharmaceuticals, Biotechnology & Life Sciences 1.2% | ||
Aurobindo Pharma Ltd. | 120,184 | 1,151,606 |
Cadila Healthcare Ltd. | 129,256 | 594,285 |
Cipla Ltd. | 238,384 | 1,791,233 |
Divi's Laboratories Ltd. | 29,008 | 402,975 |
Dr. Reddy's Laboratories Ltd. | 46,716 | 2,072,948 |
Glenmark Pharmaceuticals Ltd. | 59,128 | 635,696 |
Lupin Ltd. | 117,104 | 3,002,774 |
Piramal Enterprises Ltd. | 50,570 | 671,138 |
Sun Pharmaceutical Industries Ltd. | 598,429 | 7,468,009 |
Wockhardt Ltd. * | 16,482 | 183,103 |
17,973,767 | ||
Real Estate 0.0% | ||
DLF Ltd. | 308,866 | 401,515 |
Software & Services 2.2% | ||
HCL Technologies Ltd. | 290,515 | 3,452,851 |
Infosys Ltd. | 989,960 | 15,683,831 |
Oracle Financial Services Software Ltd. | 10,892 | 512,127 |
Tata Consultancy Services Ltd. | 247,490 | 7,873,383 |
Tech Mahindra Ltd. | 250,938 | 1,523,965 |
Wipro Ltd. ADR | 223,442 | 2,498,081 |
31,544,238 | ||
Telecommunication Services 0.5% | ||
Bharti Airtel Ltd. | 773,376 | 3,565,950 |
Bharti Infratel Ltd. | 292,318 | 1,524,069 |
Idea Cellular Ltd. | 940,128 | 1,433,034 |
Reliance Communications Ltd. * | 606,224 | 458,489 |
6,981,542 | ||
Transportation 0.1% | ||
Adani Ports & Special Economic Zone Ltd. | 532,466 | 1,530,670 |
Utilities 0.4% | ||
GAIL India Ltd. | 176,764 | 788,302 |
NTPC Ltd. | 1,188,784 | 2,076,137 |
Power Grid Corp. of India Ltd. | 747,658 | 1,421,015 |
Reliance Infrastructure Ltd. | 90,248 | 540,565 |
Tata Power Co., Ltd. | 520,980 | 436,275 |
5,262,294 | ||
172,649,262 | ||
Indonesia 3.0% | ||
Automobiles & Components 0.4% | ||
PT Astra International Tbk | 10,850,812 | 5,517,912 |
Banks 1.1% | ||
PT Bank Central Asia Tbk | 6,270,687 | 6,318,988 |
PT Bank Danamon Indonesia Tbk | 1,453,528 | 437,515 |
PT Bank Mandiri (Persero) Tbk | 5,057,459 | 3,611,930 |
PT Bank Negara Indonesia (Persero) Tbk | 3,875,157 | 1,470,717 |
PT Bank Rakyat Indonesia (Persero) Tbk | 5,505,540 | 4,559,816 |
16,398,966 | ||
Capital Goods 0.1% | ||
PT United Tractors Tbk | 705,076 | 818,599 |
Security | Number of Shares | Value ($) |
Energy 0.1% | ||
PT Adaro Energy Tbk | 10,402,020 | 470,627 |
PT Tambang Batubara Bukit Asam (Persero) Tbk | 644,488 | 244,599 |
715,226 | ||
Food, Beverage & Tobacco 0.3% | ||
PT Astra Agro Lestari Tbk | 241,560 | 268,259 |
PT Charoen Pokphand Indonesia Tbk | 4,781,220 | 1,208,535 |
PT Gudang Garam Tbk | 263,148 | 1,253,554 |
PT Indofood Sukses Makmur Tbk | 2,760,608 | 1,455,451 |
4,185,799 | ||
Household & Personal Products 0.1% | ||
PT Unilever Indonesia Tbk | 598,812 | 1,993,875 |
Materials 0.1% | ||
PT Indocement Tunggal Prakarsa Tbk | 778,000 | 1,165,080 |
PT Semen Indonesia (Persero) Tbk | 1,687,028 | 1,293,153 |
2,458,233 | ||
Media 0.1% | ||
PT Media Nusantara Citra Tbk | 3,527,764 | 490,700 |
PT Surya Citra Media Tbk | 2,012,574 | 436,469 |
927,169 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
PT Kalbe Farma Tbk | 13,516,809 | 1,314,078 |
Telecommunication Services 0.5% | ||
PT Telekomunikasi Indonesia (Persero) Tbk | 26,195,704 | 6,366,739 |
PT Tower Bersama Infrastructure Tbk * | 1,048,924 | 453,002 |
6,819,741 | ||
Transportation 0.0% | ||
PT Jasa Marga Persero Tbk | 1,562,368 | 619,245 |
Utilities 0.1% | ||
PT Perusahaan Gas Negara (Persero) Tbk | 6,224,000 | 1,226,461 |
42,995,304 | ||
Malaysia 4.7% | ||
Automobiles & Components 0.0% | ||
UMW Holdings Berhad | 372,800 | 627,687 |
Banks 1.3% | ||
Alliance Financial Group Berhad | 890,280 | 772,776 |
AMMB Holdings Berhad | 1,077,072 | 1,109,090 |
CIMB Group Holdings Berhad | 2,893,724 | 3,110,495 |
Hong Leong Bank Berhad | 322,207 | 1,006,849 |
Malayan Banking Berhad | 2,654,500 | 5,372,127 |
Public Bank Berhad | 1,570,854 | 6,903,539 |
RHB Capital Berhad | 516,844 | 651,432 |
18,926,308 | ||
Capital Goods 0.4% | ||
Gamuda Berhad | 1,279,816 | 1,351,340 |
IJM Corp. Berhad | 1,573,136 | 1,283,200 |
Sime Darby Berhad | 1,678,600 | 2,981,960 |
5,616,500 |
Security | Number of Shares | Value ($) |
Consumer Services 0.3% | ||
Berjaya Sports Toto Berhad | 475,300 | 361,703 |
Genting Berhad | 1,302,400 | 2,440,645 |
Genting Malaysia Berhad | 1,804,420 | 1,772,236 |
4,574,584 | ||
Energy 0.2% | ||
Bumi Armada Berhad * | 1,873,700 | 429,993 |
Petronas Dagangan Berhad | 155,600 | 913,988 |
SapuraKencana Petroleum Berhad | 2,112,080 | 954,329 |
2,298,310 | ||
Food, Beverage & Tobacco 0.5% | ||
British American Tobacco Malaysia Berhad | 77,800 | 1,036,470 |
Felda Global Ventures Holdings Berhad | 700,200 | 254,769 |
IOI Corp. Berhad | 2,184,792 | 2,441,979 |
Kuala Lumpur Kepong Berhad | 276,548 | 1,565,242 |
PPB Group Berhad | 317,048 | 1,206,366 |
6,504,826 | ||
Health Care Equipment & Services 0.2% | ||
IHH Healthcare Berhad | 1,556,000 | 2,368,228 |
Materials 0.2% | ||
Lafarge Malaysia Berhad | 233,400 | 503,989 |
Petronas Chemicals Group Berhad | 1,497,800 | 2,404,316 |
2,908,305 | ||
Media 0.0% | ||
Astro Malaysia Holdings Berhad | 1,091,100 | 708,372 |
Real Estate 0.1% | ||
IOI Properties Group Berhad | 1,089,200 | 531,001 |
KLCCP Stapled Group | 238,944 | 397,767 |
SP Setia Berhad Group | 937,116 | 668,573 |
UEM Sunrise Berhad | 593,500 | 139,024 |
1,736,365 | ||
Telecommunication Services 0.6% | ||
Axiata Group Berhad | 2,171,352 | 3,056,933 |
DiGi.com Berhad | 2,119,600 | 2,485,049 |
Maxis Berhad | 1,227,924 | 1,787,133 |
Telekom Malaysia Berhad | 389,000 | 610,559 |
7,939,674 | ||
Transportation 0.2% | ||
AirAsia Berhad | 962,000 | 336,300 |
Malaysia Airports Holdings Berhad | 389,000 | 541,177 |
MISC Berhad | 933,600 | 1,942,687 |
2,820,164 | ||
Utilities 0.7% | ||
Petronas Gas Berhad | 429,936 | 2,253,458 |
Tenaga Nasional Berhad | 1,713,274 | 5,345,578 |
YTL Corp. Berhad | 2,965,512 | 1,107,218 |
YTL Power International Berhad | 2,032,101 | 705,557 |
9,411,811 | ||
66,441,134 |
Security | Number of Shares | Value ($) |
Mexico 5.7% | ||
Banks 0.7% | ||
Grupo Elektra S.A.B. de C.V. | 23,340 | 431,739 |
Grupo Financiero Banorte S.A.B. de C.V., O Shares | 1,212,396 | 6,141,412 |
Grupo Financiero Inbursa S.A.B. de C.V., O Shares | 1,101,400 | 1,971,766 |
Grupo Financiero Santander Mexico S.A.B. de C.V., B Shares | 696,685 | 1,119,349 |
9,664,266 | ||
Capital Goods 0.3% | ||
Alfa S.A.B. de C.V., A Shares | 1,517,916 | 2,755,193 |
Grupo Carso S.A.B. de C.V., Series A1 | 239,768 | 970,897 |
3,726,090 | ||
Consumer Services 0.1% | ||
Alsea S.A.B. de C.V. | 262,286 | 988,992 |
Diversified Financials 0.1% | ||
Gentera S.A.B. de C.V. | 622,400 | 1,170,678 |
Food & Staples Retailing 0.5% | ||
La Comer S.A.B. de C.V. * | 311,200 | 300,412 |
Organizacion Soriana S.A.B. de C.V., B Shares * | 90,336 | 197,434 |
Wal-Mart de Mexico S.A.B. de C.V. | 3,080,290 | 7,271,984 |
7,769,830 | ||
Food, Beverage & Tobacco 1.3% | ||
Arca Continental S.A.B. de C.V. | 190,620 | 1,165,515 |
Coca-Cola Femsa S.A.B. de C.V., Series L | 253,000 | 1,861,796 |
Fomento Economico Mexicano S.A.B. de C.V. | 1,146,065 | 10,766,180 |
Gruma S.A.B. de C.V., B Shares | 77,800 | 1,253,093 |
Grupo Bimbo S.A.B. de C.V., Series A * | 1,089,200 | 3,101,332 |
Grupo Lala S.A.B. de C.V. | 329,308 | 773,247 |
18,921,163 | ||
Household & Personal Products 0.1% | ||
Kimberly-Clark de Mexico S.A.B. de C.V., A Shares | 466,800 | 1,027,182 |
Materials 0.8% | ||
Alpek S.A.B. de C.V. | 373,880 | 559,156 |
Cemex S.A.B. de C.V., Series CPO * | 6,979,806 | 3,859,018 |
Grupo Mexico S.A.B. de C.V., Series B | 1,974,155 | 4,163,986 |
Industrias CH S.A.B. de C.V., Series B * | 77,800 | 231,030 |
Industrias Penoles S.A.B. de C.V. | 77,800 | 916,807 |
Mexichem S.A.B. de C.V. | 700,200 | 1,470,316 |
11,200,313 | ||
Media 0.5% | ||
Grupo Televisa S.A.B., Series CPO | 1,402,075 | 7,240,217 |
Security | Number of Shares | Value ($) |
Real Estate 0.2% | ||
Concentradora Fibra Danhos S.A. de C.V. | 180,872 | 348,104 |
Fibra Uno Administracion S.A. de C.V. | 1,099,748 | 2,300,186 |
2,648,290 | ||
Retailing 0.1% | ||
El Puerto de Liverpool S.A.B. de C.V., Series C1 | 118,591 | 1,313,438 |
Telecommunication Services 0.7% | ||
America Movil S.A.B. de C.V., Series L | 14,528,598 | 9,912,252 |
Telesites S.A.B. de C.V. * | 700,478 | 379,537 |
10,291,789 | ||
Transportation 0.3% | ||
Grupo Aeroportuario del Pacifico S.A.B. de C.V., B Shares | 161,358 | 1,278,767 |
Grupo Aeroportuario del Sureste S.A.B. de C.V., B Shares | 155,600 | 2,183,579 |
OHL Mexico S.A.B. de C.V. * | 466,800 | 545,594 |
Promotora y Operadora de Infraestructura S.A.B. de C.V. | 90,636 | 1,054,438 |
5,062,378 | ||
Utilities 0.0% | ||
Infraestructura Energetica Nova S.A.B. de C.V. | 132,420 | 520,323 |
81,544,949 | ||
Peru 0.3% | ||
Banks 0.2% | ||
Credicorp Ltd. | 29,564 | 3,466,083 |
Materials 0.1% | ||
Companhia de Minas Buenaventura S.A. ADR * | 136,425 | 712,139 |
4,178,222 | ||
Philippines 1.9% | ||
Banks 0.3% | ||
Bank of the Philippine Islands | 880,366 | 1,550,592 |
BDO Unibank, Inc. | 765,105 | 1,592,963 |
Metropolitan Bank & Trust Co. | 501,470 | 797,290 |
3,940,845 | ||
Capital Goods 0.5% | ||
Aboitiz Equity Ventures, Inc. | 1,089,200 | 1,305,666 |
Alliance Global Group, Inc. | 2,411,800 | 730,387 |
DMCI Holdings, Inc. | 2,723,000 | 733,005 |
JG Summit Holdings, Inc. | 1,141,492 | 1,606,011 |
LT Group, Inc. | 1,711,600 | 579,532 |
SM Investments Corp. | 162,233 | 2,797,709 |
7,752,310 | ||
Consumer Services 0.1% | ||
Jollibee Foods Corp. | 248,960 | 1,146,630 |
Diversified Financials 0.2% | ||
Ayala Corp. | 134,677 | 1,951,471 |
GT Capital Holdings, Inc. | 31,120 | 854,737 |
2,806,208 |
Security | Number of Shares | Value ($) |
Food, Beverage & Tobacco 0.1% | ||
Universal Robina Corp. | 482,360 | 2,008,565 |
Real Estate 0.3% | ||
Ayala Land, Inc. | 3,112,000 | 2,146,658 |
Megaworld Corp. | 5,933,416 | 449,218 |
SM Prime Holdings, Inc. | 4,214,495 | 1,834,701 |
4,430,577 | ||
Telecommunication Services 0.2% | ||
Globe Telecom, Inc. | 7,485 | 278,306 |
Philippine Long Distance Telephone Co. | 49,874 | 1,919,441 |
2,197,747 | ||
Transportation 0.0% | ||
International Container Terminal Services, Inc. | 493,915 | 644,011 |
Utilities 0.2% | ||
Aboitiz Power Corp. | 1,378,199 | 1,244,872 |
Energy Development Corp. | 4,541,799 | 544,443 |
Manila Electric Co. | 93,360 | 638,107 |
2,427,422 | ||
27,354,315 | ||
Poland 1.6% | ||
Banks 0.6% | ||
Bank Handlowy w Warszawie S.A. | 26,236 | 526,190 |
Bank Millennium S.A. * | 326,760 | 478,847 |
Bank Pekao S.A. | 70,020 | 2,607,277 |
Bank Zachodni WBK S.A. * | 16,620 | 1,140,890 |
mBank S.A. * | 7,912 | 639,283 |
Powszechna Kasa Oszczednosci Bank Polski S.A. * | 476,136 | 2,908,873 |
8,301,360 | ||
Consumer Durables & Apparel 0.1% | ||
CCC S.A. | 12,880 | 483,145 |
LPP S.A. | 778 | 984,465 |
1,467,610 | ||
Energy 0.3% | ||
Polski Koncern Naftowy Orlen S.A. | 182,160 | 2,911,790 |
Polskie Gornictwo Naftowe i Gazownictwo S.A. | 1,123,164 | 1,401,568 |
4,313,358 | ||
Food & Staples Retailing 0.0% | ||
Eurocash S.A. | 24,509 | 304,677 |
Insurance 0.2% | ||
Powszechny Zaklad Ubezpieczen S.A. | 326,760 | 2,819,151 |
Materials 0.1% | ||
Grupa Azoty S.A. * | 7,185 | 168,826 |
KGHM Polska Miedz S.A. | 73,465 | 1,248,178 |
1,417,004 | ||
Media 0.1% | ||
Cyfrowy Polsat S.A. * | 169,001 | 972,048 |
Software & Services 0.0% | ||
Asseco Poland S.A. | 34,704 | 495,548 |
Security | Number of Shares | Value ($) |
Telecommunication Services 0.0% | ||
Orange Polska S.A. | 375,774 | 590,142 |
Utilities 0.2% | ||
Enea S.A. | 136,928 | 378,719 |
Energa S.A. | 140,040 | 444,410 |
PGE S.A. | 392,729 | 1,270,860 |
Tauron Polska Energia S.A. | 449,835 | 284,606 |
2,378,595 | ||
23,059,493 | ||
Russia 4.2% | ||
Banks 0.7% | ||
Sberbank of Russia PJSC * | 5,186,001 | 7,394,439 |
VTB Bank PJSC GDR - Reg’d | 1,070,000 | 2,011,600 |
9,406,039 | ||
Diversified Financials 0.1% | ||
Moscow Exchange MICEX-RTS PJSC | 1,036,562 | 1,367,475 |
Energy 2.2% | ||
Gazprom PAO | 1 | 2 |
Gazprom PAO ADR | 2,937,625 | 10,820,742 |
LUKOIL PJSC * | 267,327 | 9,568,366 |
NOVATEK OAO * | 535,000 | 4,605,484 |
Rosneft OJSC GDR - Reg'd | 475,518 | 1,791,276 |
Surgutneftegas * | 2,966,268 | 1,553,432 |
Tatneft PAO * | 653,781 | 2,816,611 |
31,155,913 | ||
Food & Staples Retailing 0.4% | ||
Magnit PJSC GDR - Reg'd | 159,041 | 5,327,873 |
Materials 0.5% | ||
ALROSA PAO * | 978,632 | 906,344 |
Magnitogorsk Iron & Steel Works OJSC * | 1,662,744 | 426,747 |
MMC Norilsk Nickel PJSC * | 2,000 | 243,646 |
MMC Norilsk Nickel PJSC ADR | 262,765 | 3,179,456 |
Novolipetsk Steel AO * | 546,844 | 536,328 |
PhosAgro OAO GDR - Reg'd | 42,202 | 538,076 |
Severstal PAO GDR - Reg'd | 134,666 | 1,102,241 |
Uralkali PJSC * | 364,260 | 787,806 |
7,720,644 | ||
Telecommunication Services 0.2% | ||
MegaFon PJSC GDR - Reg'd | 66,008 | 775,594 |
Mobile TeleSystems PJSC * | 446,292 | 1,385,683 |
Rostelecom PJSC * | 528,320 | 625,171 |
2,786,448 | ||
Transportation 0.0% | ||
Aeroflot-Russian Airlines PJSC * | 622,400 | 473,582 |
Utilities 0.1% | ||
E.ON Russia JSC * | 5,957,472 | 198,467 |
Federal Grid Co. Unified Energy System PJSC * | 316,074,440 | 286,996 |
Inter RAO PJSC * | 12,458,000 | 263,960 |
Rosseti PJSC * | 46,271,601 | 330,934 |
RusHydro PJSC * | 66,393,442 | 597,209 |
1,677,566 | ||
59,915,540 |
Security | Number of Shares | Value ($) |
South Africa 8.7% | ||
Banks 0.5% | ||
Barclays Africa Group Ltd. | 167,825 | 1,445,952 |
Capitec Bank Holdings Ltd. | 27,471 | 824,918 |
Nedbank Group Ltd. | 98,806 | 1,140,173 |
Standard Bank Group Ltd. | 624,110 | 4,317,200 |
7,728,243 | ||
Capital Goods 0.4% | ||
Barloworld Ltd. | 137,706 | 568,014 |
Reunert Ltd. | 133,816 | 533,233 |
The Bidvest Group Ltd. | 175,828 | 3,979,853 |
5,081,100 | ||
Consumer Durables & Apparel 0.5% | ||
Steinhoff International Holdings N.V. | 1,284,109 | 6,890,385 |
Consumer Services 0.0% | ||
Sun International Ltd. | 62,240 | 274,118 |
Diversified Financials 1.0% | ||
Brait SE * | 141,613 | 1,383,483 |
Coronation Fund Managers Ltd. | 160,268 | 640,873 |
FirstRand Ltd. | 1,535,843 | 4,313,231 |
Investec Ltd. | 179,718 | 1,173,042 |
JSE Ltd. | 103,512 | 928,237 |
PSG Group Ltd. | 36,580 | 402,510 |
Remgro Ltd. | 266,076 | 4,063,900 |
RMB Holdings Ltd. | 458,242 | 1,661,990 |
14,567,266 | ||
Energy 0.6% | ||
Exxaro Resources Ltd. | 70,798 | 323,830 |
Sasol Ltd. | 286,339 | 7,748,344 |
8,072,174 | ||
Food & Staples Retailing 0.4% | ||
Clicks Group Ltd. | 146,336 | 857,533 |
Massmart Holdings Ltd. | 61,522 | 416,411 |
Pick n Pay Stores Ltd. | 122,236 | 436,289 |
Shoprite Holdings Ltd. | 225,950 | 2,207,840 |
The SPAR Group Ltd. | 98,806 | 1,118,327 |
5,036,400 | ||
Food, Beverage & Tobacco 0.2% | ||
AVI Ltd. | 218,274 | 1,058,950 |
Pioneer Foods Group Ltd. | 68,811 | 566,795 |
Tiger Brands Ltd. | 96,093 | 1,779,665 |
3,405,410 | ||
Health Care Equipment & Services 0.2% | ||
Life Healthcare Group Holdings Ltd. | 580,388 | 1,289,473 |
Mediclinic International plc * | 1 | 12 |
Netcare Ltd. | 864,358 | 1,770,343 |
3,059,828 | ||
Insurance 0.4% | ||
Discovery Ltd. | 168,326 | 1,216,412 |
MMI Holdings Ltd. | 797,450 | 1,179,638 |
Sanlam Ltd. | 967,289 | 3,278,447 |
5,674,497 | ||
Materials 0.8% | ||
AECI Ltd. | 59,180 | 326,176 |
Anglo American Platinum Ltd. * | 30,767 | 638,129 |
Security | Number of Shares | Value ($) |
AngloGold Ashanti Ltd. * | 217,062 | 2,808,829 |
Gold Fields Ltd. | 449,684 | 1,867,404 |
Impala Platinum Holdings Ltd. * | 304,198 | 644,823 |
Mondi Ltd. | 62,400 | 1,121,468 |
Nampak Ltd. | 406,145 | 455,421 |
Northam Platinum Ltd. * | 134,655 | 286,202 |
PPC Ltd. | 332,606 | 240,211 |
Sappi Ltd. * | 329,094 | 1,347,241 |
Sibanye Gold Ltd. | 438,928 | 1,585,267 |
11,321,171 | ||
Media 1.9% | ||
Naspers Ltd., N Shares | 223,785 | 26,721,105 |
Pharmaceuticals, Biotechnology & Life Sciences 0.2% | ||
Aspen Pharmacare Holdings Ltd. * | 173,704 | 3,094,339 |
Real Estate 0.4% | ||
Fortress Income Fund Ltd. | 334,747 | 696,643 |
Fortress Income Fund Ltd., A Shares | 334,747 | 318,314 |
Growthpoint Properties Ltd. | 1,312,197 | 2,010,912 |
Hyprop Investments Ltd. | 113,181 | 745,917 |
Redefine Properties Ltd. | 1,837,107 | 1,197,589 |
Resilient REIT Ltd. | 116,242 | 905,787 |
5,875,162 | ||
Retailing 0.5% | ||
Imperial Holdings Ltd. | 109,698 | 835,336 |
Mr Price Group Ltd. | 120,003 | 1,253,255 |
The Foschini Group Ltd. | 97,174 | 718,852 |
Truworths International Ltd. | 259,074 | 1,408,216 |
Woolworths Holdings Ltd. | 560,947 | 2,871,029 |
7,086,688 | ||
Software & Services 0.0% | ||
EOH Holdings Ltd. | 39,111 | 339,674 |
Telecommunication Services 0.7% | ||
MTN Group Ltd. | 908,738 | 7,702,877 |
Telkom S.A. SOC Ltd. | 171,160 | 585,320 |
Vodacom Group Ltd. | 204,614 | 1,948,415 |
10,236,612 | ||
Transportation 0.0% | ||
Grindrod Ltd. | 232,622 | 134,991 |
124,599,163 | ||
Taiwan 15.4% | ||
Automobiles & Components 0.2% | ||
Cheng Shin Rubber Industry Co., Ltd. | 980,277 | 1,719,732 |
Yulon Motor Co., Ltd. | 388,192 | 344,598 |
2,064,330 | ||
Banks 1.6% | ||
Chang Hwa Commercial Bank Ltd. | 2,829,094 | 1,387,645 |
China Development Financial Holding Corp. | 7,007,308 | 1,684,773 |
CTBC Financial Holding Co., Ltd. | 9,653,623 | 4,705,967 |
E.Sun Financial Holding Co., Ltd. | 3,913,587 | 2,025,569 |
Far Eastern International Bank | 1,434,524 | 407,496 |
First Financial Holding Co., Ltd. | 4,941,945 | 2,305,012 |
Hua Nan Financial Holdings Co., Ltd. | 3,738,715 | 1,743,804 |
Security | Number of Shares | Value ($) |
Mega Financial Holding Co., Ltd. | 5,831,901 | 3,843,242 |
SinoPac Financial Holdings Co., Ltd. | 4,946,734 | 1,357,553 |
Taishin Financial Holding Co., Ltd. | 4,289,848 | 1,419,967 |
Taiwan Cooperative Financial Holding Co., Ltd. | 3,667,863 | 1,561,756 |
22,442,784 | ||
Capital Goods 0.3% | ||
Far Eastern New Century Corp. | 2,461,799 | 1,874,203 |
Taiwan Glass Industry Corp. * | 835,311 | 322,994 |
Teco Electric & Machinery Co., Ltd. | 978,000 | 800,481 |
Walsin Lihwa Corp. * | 3,112,000 | 770,696 |
3,768,374 | ||
Commercial & Professional Services 0.0% | ||
Taiwan Secom Co., Ltd. | 150,000 | 417,519 |
Consumer Durables & Apparel 0.3% | ||
Eclat Textile Co., Ltd. | 92,069 | 1,163,607 |
Feng TAY Enterprise Co., Ltd. | 120,000 | 651,781 |
Formosa Taffeta Co., Ltd. | 778,000 | 709,358 |
Giant Manufacturing Co., Ltd. | 121,752 | 776,704 |
Pou Chen Corp. | 1,246,792 | 1,547,610 |
4,849,060 | ||
Diversified Financials 0.5% | ||
Capital Securities Corp. | 1,215,789 | 317,557 |
Fubon Financial Holding Co., Ltd. | 3,761,114 | 4,464,852 |
Yuanta Financial Holding Co., Ltd. | 5,240,700 | 1,687,394 |
6,469,803 | ||
Energy 0.2% | ||
Formosa Petrochemical Corp. | 978,660 | 2,485,523 |
Food & Staples Retailing 0.1% | ||
President Chain Store Corp. | 250,400 | 1,699,121 |
Food, Beverage & Tobacco 0.3% | ||
Uni-President Enterprises Corp. | 2,704,676 | 4,663,515 |
Insurance 0.4% | ||
Cathay Financial Holding Co., Ltd. | 4,003,189 | 4,493,228 |
Shin Kong Financial Holding Co., Ltd. | 5,070,308 | 958,159 |
5,451,387 | ||
Materials 1.8% | ||
Asia Cement Corp. | 1,272,286 | 1,056,665 |
China Steel Corp. | 6,581,956 | 4,080,052 |
Eternal Materials Co., Ltd. | 277,000 | 272,566 |
Formosa Chemicals & Fibre Corp. | 2,396,008 | 5,393,037 |
Formosa Plastics Corp. | 2,545,560 | 6,051,373 |
Nan Ya Plastics Corp. | 3,000,816 | 5,761,075 |
Taiwan Cement Corp. | 1,745,246 | 1,575,511 |
Taiwan Fertilizer Co., Ltd. | 483,508 | 651,816 |
YFY, Inc. | 1,556,000 | 472,906 |
25,315,001 | ||
Real Estate 0.0% | ||
Cathay Real Estate Development Co., Ltd. | 933,276 | 381,938 |
Retailing 0.1% | ||
Hotai Motor Co., Ltd. | 191,160 | 1,981,663 |
Security | Number of Shares | Value ($) |
Semiconductors & Semiconductor Equipment 5.2% | ||
Advanced Semiconductor Engineering, Inc. | 3,359,524 | 3,836,481 |
Epistar Corp. | 493,828 | 394,533 |
Hermes Microvision, Inc. | 26,000 | 646,245 |
Inotera Memories, Inc. * | 1,237,000 | 1,060,860 |
MediaTek, Inc. | 782,713 | 5,558,506 |
Novatek Microelectronics Corp. | 301,608 | 1,252,465 |
Realtek Semiconductor Corp. | 222,336 | 561,326 |
Siliconware Precision Industries Co., Ltd. ADR | 266,574 | 2,020,631 |
Taiwan Semiconductor Manufacturing Co., Ltd. ADR | 2,377,466 | 55,989,324 |
United Microelectronics Corp. ADR | 1,334,581 | 2,762,583 |
Vanguard International Semiconductor Corp. | 450,000 | 691,953 |
74,774,907 | ||
Technology Hardware & Equipment 3.5% | ||
Acer, Inc. * | 1,556,086 | 554,875 |
Advantech Co., Ltd. | 162,516 | 1,124,780 |
Asustek Computer, Inc. | 410,426 | 3,377,814 |
AU Optronics Corp. ADR | 481,252 | 1,323,443 |
Catcher Technology Co., Ltd. | 349,224 | 2,732,253 |
Chicony Electronics Co., Ltd. | 231,952 | 506,034 |
Compal Electronics, Inc. | 2,337,638 | 1,371,688 |
Delta Electronics, Inc. | 1,165,148 | 4,715,708 |
Foxconn Technology Co., Ltd. | 581,699 | 1,146,524 |
Hon Hai Precision Industry Co., Ltd. | 7,226,969 | 16,962,674 |
HTC Corp. | 308,778 | 746,114 |
Innolux Corp. | 5,156,029 | 1,498,774 |
Inventec Corp. | 1,799,145 | 1,288,507 |
Largan Precision Co., Ltd. | 49,256 | 3,757,341 |
Lite-On Technology Corp. | 1,102,601 | 1,272,411 |
Pegatron Corp. | 1,034,657 | 2,459,614 |
Quanta Computer, Inc. | 1,556,000 | 2,631,416 |
Synnex Technology International Corp. | 784,101 | 799,862 |
TPK Holding Co., Ltd. | 132,756 | 282,434 |
Unimicron Technology Corp. | 1,063,348 | 540,761 |
Wistron Corp. | 1,696,668 | 1,010,894 |
50,103,921 | ||
Telecommunication Services 0.8% | ||
Chunghwa Telecom Co., Ltd. ADR | 200,135 | 6,282,238 |
Far EasTone Telecommunications Co., Ltd. | 812,280 | 1,698,768 |
Taiwan Mobile Co., Ltd. | 890,524 | 2,746,711 |
10,727,717 | ||
Transportation 0.1% | ||
China Airlines Ltd. * | 1,783,872 | 617,313 |
Eva Airways Corp. * | 1,284,675 | 690,041 |
Evergreen Marine Corp., Ltd. | 1,568,380 | 566,338 |
U-Ming Marine Transport Corp. | 191,576 | 154,497 |
2,028,189 | ||
219,624,752 |
Security | Number of Shares | Value ($) |
Thailand 2.9% | ||
Banks 0.6% | ||
Bangkok Bank PCL NVDR | 287,200 | 1,301,790 |
Kasikornbank PCL NVDR | 635,300 | 3,040,097 |
Krung Thai Bank PCL NVDR | 1,948,200 | 967,812 |
The Siam Commercial Bank PCL NVDR | 855,800 | 3,326,643 |
TMB Bank PCL NVDR | 8,169,000 | 582,354 |
9,218,696 | ||
Capital Goods 0.0% | ||
Berli Jucker PCL NVDR | 233,400 | 240,737 |
Consumer Services 0.1% | ||
Minor International PCL NVDR | 1,189,080 | 1,201,428 |
Energy 0.5% | ||
Banpu PCL NVDR | 778,000 | 399,590 |
IRPC PCL NVDR | 6,315,500 | 776,365 |
PTT Exploration & Production PCL NVDR | 801,304 | 1,523,670 |
PTT PCL NVDR | 437,500 | 3,192,534 |
Thai Oil PCL NVDR | 434,200 | 773,834 |
6,665,993 | ||
Food & Staples Retailing 0.3% | ||
Big C Supercenter PCL NVDR | 155,600 | 1,087,410 |
CP ALL PCL NVDR | 2,425,800 | 2,944,593 |
4,032,003 | ||
Food, Beverage & Tobacco 0.1% | ||
Charoen Pokphand Foods PCL NVDR | 2,594,900 | 1,383,752 |
Health Care Equipment & Services 0.2% | ||
Bangkok Dusit Medical Services PCL NVDR | 1,823,600 | 1,105,523 |
Bumrungrad Hospital PCL NVDR | 191,000 | 1,163,261 |
2,268,784 | ||
Materials 0.3% | ||
Indorama Ventures PCL NVDR | 502,700 | 303,341 |
PTT Global Chemical PCL NVDR | 872,714 | 1,316,542 |
The Siam Cement PCL NVDR | 174,000 | 2,158,518 |
3,778,401 | ||
Media 0.0% | ||
BEC World PCL NVDR | 613,800 | 542,652 |
Real Estate 0.1% | ||
Central Pattana PCL NVDR | 823,800 | 1,075,125 |
Land & Houses PCL NVDR | 1,556,000 | 362,470 |
1,437,595 | ||
Retailing 0.0% | ||
Home Product Center PCL NVDR | 1,195,119 | 241,506 |
Technology Hardware & Equipment 0.0% | ||
Delta Electronics Thailand PCL NVDR | 246,700 | 562,570 |
Telecommunication Services 0.4% | ||
Advanced Info Service PCL NVDR | 624,700 | 2,989,373 |
Intouch Holdings PCL NVDR | 855,800 | 1,399,111 |
Total Access Communication PCL NVDR | 351,400 | 315,599 |
True Corp. PCL NVDR * | 3,944,407 | 780,468 |
5,484,551 |
Security | Number of Shares | Value ($) |
Transportation 0.2% | ||
Airports of Thailand PCL NVDR | 258,400 | 2,893,674 |
BTS Group Holdings PCL | 1,822,000 | 424,434 |
3,318,108 | ||
Utilities 0.1% | ||
Electricity Generating PCL NVDR | 155,600 | 727,123 |
Glow Energy PCL NVDR | 237,900 | 539,165 |
1,266,288 | ||
41,643,064 | ||
Turkey 1.8% | ||
Banks 0.6% | ||
Akbank T.A.S. | 999,393 | 2,499,497 |
Turkiye Garanti Bankasi A/S | 1,146,772 | 2,856,451 |
Turkiye Halk Bankasi A/S | 304,252 | 1,029,687 |
Turkiye Is Bankasi, C Shares | 827,287 | 1,265,513 |
Turkiye Vakiflar Bankasi T.A.O., Class D | 665,304 | 929,913 |
Yapi ve Kredi Bankasi A/S | 506,795 | 643,184 |
9,224,245 | ||
Capital Goods 0.1% | ||
Enka Insaat ve Sanayi A/S | 347,368 | 561,939 |
KOC Holding A/S | 360,705 | 1,579,641 |
2,141,580 | ||
Consumer Durables & Apparel 0.1% | ||
Arcelik A/S | 115,922 | 749,719 |
Diversified Financials 0.1% | ||
Haci Omer Sabanci Holding A/S | 461,400 | 1,361,652 |
Energy 0.1% | ||
Tupras-Turkiye Petrol Rafinerileri A/S * | 76,264 | 1,958,995 |
Food & Staples Retailing 0.2% | ||
BIM Birlesik Magazalar A/S | 122,303 | 2,266,173 |
Food, Beverage & Tobacco 0.1% | ||
Anadolu Efes Biracilik Ve Malt Sanayii A/S | 146,460 | 852,549 |
Coca-Cola Icecek A/S | 34,242 | 383,119 |
1,235,668 | ||
Materials 0.1% | ||
Eregli Demir ve Celik Fabrikalari T.A.S. | 794,447 | 927,590 |
Koza Altin Isletmeleri A/S | 54,496 | 299,518 |
Petkim Petrokimya Holding A/S * | 773,744 | 916,510 |
2,143,618 | ||
Real Estate 0.1% | ||
Emlak Konut Gayrimenkul Yatirim Ortakligi A/S | 1,300,730 | 1,135,740 |
Telecommunication Services 0.2% | ||
Turk Telekomunikasyon A/S | 249,591 | 487,390 |
Turkcell Iletisim Hizmetleri A/S | 456,686 | 1,712,495 |
2,199,885 |
Security | Number of Shares | Value ($) |
Transportation 0.1% | ||
TAV Havalimanlari Holding A/S | 60,810 | 359,122 |
Turk Hava Yollari Anonim Ortakligi * | 414,319 | 1,026,403 |
1,385,525 | ||
25,802,800 | ||
United Arab Emirates 1.1% | ||
Banks 0.4% | ||
Abu Dhabi Commercial Bank PJSC | 951,924 | 1,762,318 |
Dubai Islamic Bank PJSC | 410,784 | 714,641 |
First Gulf Bank PJSC | 681,799 | 2,366,681 |
Union National Bank PJSC | 528,405 | 532,282 |
5,375,922 | ||
Capital Goods 0.0% | ||
Arabtec Holding PJSC * | 1,644,760 | 644,820 |
Diversified Financials 0.0% | ||
Dubai Financial Market PJSC | 1,612,272 | 605,746 |
Energy 0.1% | ||
Dana Gas PJSC * | 5,286,644 | 734,046 |
Real Estate 0.5% | ||
Aldar Properties PJSC | 1,955,892 | 1,331,245 |
DAMAC Properties Dubai Co. PJSC | 938,840 | 695,238 |
Deyaar Development PJSC * | 1,161,554 | 177,725 |
Emaar Malls Group PJSC * | 1,142,104 | 855,090 |
Emaar Properties PJSC | 2,091,426 | 3,330,976 |
6,390,274 | ||
Transportation 0.1% | ||
DP World Ltd. | 107,590 | 1,825,802 |
15,576,610 | ||
Total Common Stock | ||
(Cost $1,689,219,473) | 1,396,071,984 | |
Preferred Stock 1.9% of net assets | ||
Brazil 1.5% | ||
Banks 0.7% | ||
Banco Bradesco S.A. | 1,377,270 | 7,385,958 |
Itausa - Investimentos Itau S.A. | 1,797,722 | 3,081,060 |
10,467,018 | ||
Energy 0.2% | ||
Petroleo Brasileiro S.A. * | 2,293,186 | 2,962,073 |
Food & Staples Retailing 0.1% | ||
Cia Brasileira de Distribuicao | 77,800 | 812,938 |
Materials 0.1% | ||
Braskem S.A., A Shares | 83,773 | 536,831 |
Gerdau S.A. | 496,364 | 440,320 |
Suzano Papel e Celulose S.A., A Shares | 155,600 | 645,189 |
1,622,340 | ||
Retailing 0.1% | ||
Lojas Americanas S.A. | 291,750 | 1,458,273 |
Security | Number of Shares | Value ($) |
Telecommunication Services 0.2% | ||
Telefonica Brasil S.A. | 235,047 | 2,256,376 |
Utilities 0.1% | ||
Companhia Energetica de Minas Gerais | 433,167 | 638,979 |
Companhia Energetica de Sao Paulo, B Shares | 102,208 | 349,315 |
Companhia Paranaense de Energia - Copel, B Shares | 77,800 | 452,219 |
1,440,513 | ||
21,019,531 | ||
Colombia 0.1% | ||
Banks 0.0% | ||
Grupo Aval Acciones y Valores S.A. | 1,523,324 | 514,043 |
Diversified Financials 0.1% | ||
Grupo de Inversiones Suramericana S.A. | 56,272 | 635,789 |
1,149,832 | ||
Russia 0.3% | ||
Energy 0.3% | ||
AK Transneft OAO * | 650 | 1,548,709 |
Surgutneftegas OAO * | 4,756,013 | 2,800,949 |
4,349,658 | ||
Total Preferred Stock | ||
(Cost $53,667,422) | 26,519,021 | |
Rights 0.0% of net assets | ||
Brazil 0.0% | ||
Materials 0.0% | ||
Duratex S.A. * | 8,728 | 5,769 |
Total Rights | ||
(Cost $—) | 5,769 | |
Other Investment Companies 0.6% of net assets | ||
United States 0.6% | ||
Money Market Fund 0.2% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.24% (d) | 2,318,573 | 2,318,573 |
Security | Number of Shares | Value ($) |
Securities Lending Collateral 0.4% | ||
Wells Fargo Advantage Government Money Market Fund, Institutional Class 0.16% (d) | 6,185,448 | 6,185,448 |
Total Other Investment Companies | ||
(Cost $8,504,021) | 8,504,021 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $5,779,464. |
(b) | Securities exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registrations, normally to qualified institutional buyers. At the period end, the value of these amounted to $6,383,431 or 0.4% of net assets. |
(c) | Illiquid security. At the period end, the value of these amounted to $1,559,647 or 0.1% of net assets. |
(d) | The rate shown is the 7-day yield. |
(e) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
ADR — | American Depositary Receipt |
GDR — | Global Depositary Receipt |
NVDR — | Non-Voting Depositary Receipt |
Reg'd — | Registered |
REIT — | Real Estate Investment Trust |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
MSCI EAFE, e-mini, Long, expires 03/18/16 | 50 | 1,855,250 | 37,879 |
Table of Contents
Holdings by Category | Cost ($) | Value ($) | |
99.7% | Common Stock | 5,022,714,192 | 5,357,420,570 |
0.0% | Rights | 61,021 | 57,797 |
0.9% | Other Investment Companies | 46,452,239 | 46,452,239 |
100.6% | Total Investments | 5,069,227,452 | 5,403,930,606 |
(0.6%) | Other Assets and Liabilities, Net | (32,616,712) | |
100.0% | Net Assets | 5,371,313,894 |
Security | Number of Shares | Value ($) |
Common Stock 99.7% of net assets | ||
Automobiles & Components 1.1% | ||
American Axle & Manufacturing Holdings, Inc. * | 16,581 | 242,414 |
Autoliv, Inc. (a) | 23,690 | 2,516,589 |
BorgWarner, Inc. | 60,450 | 1,975,506 |
Cooper Tire & Rubber Co. | 14,538 | 571,343 |
Cooper-Standard Holding, Inc. * | 3,297 | 241,505 |
Dana Holding Corp. | 39,525 | 491,691 |
Delphi Automotive plc | 73,119 | 4,875,575 |
Dorman Products, Inc. * | 9,300 | 470,301 |
Drew Industries, Inc. | 4,822 | 290,236 |
Ford Motor Co. | 1,003,619 | 12,555,274 |
General Motors Co. | 370,844 | 10,917,647 |
Gentex Corp. | 70,950 | 1,033,032 |
Gentherm, Inc. * | 14,376 | 599,479 |
Harley-Davidson, Inc. | 49,845 | 2,151,809 |
Johnson Controls, Inc. | 168,751 | 6,152,661 |
Lear Corp. | 19,768 | 2,003,487 |
Modine Manufacturing Co. * | 31,479 | 298,421 |
Standard Motor Products, Inc. | 5,618 | 169,158 |
Tenneco, Inc. * | 14,450 | 657,764 |
Tesla Motors, Inc. *(a) | 26,265 | 5,041,041 |
The Goodyear Tire & Rubber Co. | 70,196 | 2,114,304 |
Thor Industries, Inc. | 11,625 | 643,793 |
Visteon Corp. | 9,360 | 654,451 |
Winnebago Industries, Inc. | 13,715 | 256,882 |
56,924,363 | ||
Banks 5.5% | ||
1st Source Corp. | 9,344 | 284,525 |
Ameris Bancorp | 9,736 | 262,775 |
Associated Banc-Corp. | 49,145 | 845,294 |
Astoria Financial Corp. | 20,954 | 312,005 |
Security | Number of Shares | Value ($) |
BancorpSouth, Inc. | 23,520 | 468,518 |
Bank of America Corp. | 2,702,052 | 33,829,691 |
Bank of Hawaii Corp. | 11,625 | 738,187 |
Bank of the Ozarks, Inc. | 18,600 | 703,824 |
BankUnited, Inc. | 26,100 | 838,332 |
Banner Corp. | 10,156 | 403,295 |
BB&T Corp. | 198,458 | 6,382,409 |
Beneficial Bancorp, Inc. * | 22,823 | 291,906 |
Berkshire Hills Bancorp, Inc. | 9,736 | 251,384 |
BNC Bancorp | 12,695 | 257,455 |
BofI Holding, Inc. *(a) | 13,014 | 241,149 |
BOK Financial Corp. (a) | 16,098 | 786,709 |
Boston Private Financial Holdings, Inc. | 19,129 | 202,002 |
Brookline Bancorp, Inc. | 20,955 | 220,237 |
Bryn Mawr Bank Corp. | 9,444 | 237,328 |
Capital Bank Financial Corp., Class A | 5,434 | 160,031 |
Capitol Federal Financial, Inc. | 40,137 | 504,522 |
Cardinal Financial Corp. | 11,995 | 231,024 |
Cathay General Bancorp | 18,688 | 498,783 |
CenterState Banks, Inc. | 19,172 | 268,408 |
Central Pacific Financial Corp. | 9,844 | 196,191 |
Chemical Financial Corp. | 7,037 | 238,062 |
CIT Group, Inc. | 53,797 | 1,603,689 |
Citigroup, Inc. | 774,183 | 30,077,010 |
Citizens Financial Group, Inc. | 137,590 | 2,645,856 |
City Holding Co. | 4,650 | 204,926 |
CoBiz Financial, Inc. | 21,031 | 228,186 |
Columbia Banking System, Inc. | 16,275 | 469,208 |
Comerica, Inc. | 49,019 | 1,655,862 |
Commerce Bancshares, Inc. | 24,615 | 1,045,645 |
Community Trust Bancorp, Inc. | 7,677 | 258,868 |
Cullen/Frost Bankers, Inc. | 14,450 | 692,588 |
Customers Bancorp, Inc. * | 10,636 | 240,905 |
CVB Financial Corp. | 23,464 | 364,396 |
Eagle Bancorp, Inc. * | 7,490 | 343,342 |
East West Bancorp, Inc. | 39,525 | 1,184,564 |
Enterprise Financial Services Corp. | 10,232 | 283,733 |
EverBank Financial Corp. | 25,963 | 338,038 |
F.N.B. Corp. | 50,053 | 614,651 |
Fifth Third Bancorp | 210,246 | 3,208,354 |
First BanCorp (Puerto Rico) * | 37,432 | 100,318 |
First Busey Corp. | 14,098 | 267,157 |
First Citizens BancShares, Inc., Class A | 2,833 | 663,290 |
First Commonwealth Financial Corp. | 30,400 | 261,136 |
First Financial Bancorp | 31,713 | 531,827 |
First Financial Bankshares, Inc. (a) | 14,338 | 378,667 |
First Financial Corp. | 228 | 7,513 |
First Horizon National Corp. | 63,051 | 757,873 |
First Interstate BancSystem, Inc., Class A | 9,644 | 258,459 |
First Merchants Corp. | 12,150 | 269,609 |
First Midwest Bancorp, Inc. | 23,250 | 388,275 |
First NBC Bank Holding Co. * | 7,777 | 183,382 |
First Niagara Financial Group, Inc. | 88,794 | 820,457 |
First Republic Bank | 37,309 | 2,295,996 |
FirstMerit Corp. | 40,304 | 791,168 |
Flagstar Bancorp, Inc. * | 4,934 | 94,733 |
Flushing Financial Corp. | 14,054 | 290,215 |
Security | Number of Shares | Value ($) |
Fulton Financial Corp. | 56,120 | 707,673 |
German American Bancorp, Inc. | 868 | 27,715 |
Glacier Bancorp, Inc. | 16,910 | 402,796 |
Great Southern Bancorp, Inc. | 352 | 13,225 |
Hancock Holding Co. | 20,925 | 482,740 |
Hanmi Financial Corp. | 10,156 | 211,549 |
Heartland Financial USA, Inc. | 7,477 | 219,824 |
Hilltop Holdings, Inc. * | 17,135 | 285,812 |
Home BancShares, Inc. | 18,600 | 735,072 |
Huntington Bancshares, Inc. | 218,550 | 1,912,312 |
IBERIABANK Corp. | 9,805 | 467,502 |
Independent Bank Corp. | 4,858 | 209,866 |
International Bancshares Corp. | 25,611 | 577,528 |
Investors Bancorp, Inc. | 87,164 | 986,696 |
JPMorgan Chase & Co. | 961,905 | 54,155,251 |
KeyCorp | 224,280 | 2,366,154 |
Lakeland Bancorp, Inc. | 2,945 | 29,450 |
Lakeland Financial Corp. | 5,414 | 231,232 |
LegacyTexas Financial Group, Inc. | 12,430 | 220,633 |
LendingTree, Inc. * | 2,559 | 226,139 |
M&T Bank Corp. | 41,897 | 4,296,537 |
MainSource Financial Group, Inc. | 13,715 | 283,901 |
MB Financial, Inc. | 13,991 | 427,005 |
Meridian Bancorp, Inc. | 20,472 | 282,309 |
MGIC Investment Corp. * | 87,196 | 596,421 |
National Bank Holdings Corp., Class A | 3,630 | 70,204 |
National Penn Bancshares, Inc. | 30,803 | 342,837 |
Nationstar Mortgage Holdings, Inc. *(a) | 18,088 | 213,800 |
New York Community Bancorp, Inc. | 111,906 | 1,693,138 |
NMI Holdings, Inc., Class A * | 32,526 | 165,883 |
Northfield Bancorp, Inc. | 14,241 | 223,726 |
Northwest Bancshares, Inc. | 34,875 | 439,076 |
Ocwen Financial Corp. * | 28,856 | 109,364 |
Opus Bank | 8,049 | 259,661 |
Oritani Financial Corp. | 16,275 | 275,373 |
PacWest Bancorp | 30,994 | 997,387 |
Park National Corp. | 6,220 | 529,882 |
People's United Financial, Inc. | 122,012 | 1,782,595 |
PHH Corp. * | 14,138 | 128,232 |
Pinnacle Financial Partners, Inc. | 7,433 | 344,668 |
Popular, Inc. | 25,585 | 678,002 |
PrivateBancorp, Inc. | 20,925 | 718,983 |
Prosperity Bancshares, Inc. | 14,271 | 577,262 |
Provident Financial Services, Inc. | 18,600 | 345,774 |
Radian Group, Inc. | 55,810 | 602,748 |
Regions Financial Corp. | 354,130 | 2,663,058 |
S&T Bancorp, Inc. | 7,034 | 177,397 |
Sandy Spring Bancorp, Inc. | 5,056 | 131,355 |
ServisFirst Bancshares, Inc. | 6,518 | 238,233 |
Signature Bank * | 12,525 | 1,622,614 |
Simmons First National Corp., Class A | 5,350 | 220,367 |
South State Corp. | 5,746 | 358,838 |
Southside Bancshares, Inc. | 12,020 | 281,508 |
State Bank Financial Corp. | 7,234 | 135,420 |
Sterling Bancorp | 31,019 | 446,984 |
Stock Yards Bancorp, Inc. | 3,711 | 138,606 |
SunTrust Banks, Inc. | 135,406 | 4,492,771 |
SVB Financial Group * | 12,525 | 1,112,846 |
Synovus Financial Corp. | 35,376 | 940,648 |
Security | Number of Shares | Value ($) |
Talmer Bancorp, Inc., Class A | 16,813 | 282,458 |
TCF Financial Corp. | 46,748 | 530,122 |
Texas Capital Bancshares, Inc. * | 9,548 | 308,687 |
TFS Financial Corp. | 32,550 | 550,095 |
The PNC Financial Services Group, Inc. | 133,163 | 10,827,484 |
Tompkins Financial Corp. | 5,118 | 289,013 |
Towne Bank | 14,454 | 251,933 |
TrustCo Bank Corp. | 23,380 | 134,903 |
Trustmark Corp. | 18,600 | 406,968 |
U.S. Bancorp | 431,597 | 16,625,116 |
UMB Financial Corp. | 9,300 | 456,723 |
Umpqua Holdings Corp. | 52,193 | 784,983 |
United Bankshares, Inc. | 16,658 | 583,696 |
United Financial Bancorp, Inc. | 14,242 | 164,922 |
Valley National Bancorp | 60,607 | 545,463 |
Walker & Dunlop, Inc. * | 11,614 | 268,516 |
Walter Investment Management Corp. * | 18,764 | 140,730 |
Washington Federal, Inc. | 27,900 | 591,201 |
Washington Trust Bancorp, Inc. | 7,177 | 266,267 |
Webster Financial Corp. | 23,589 | 792,826 |
Wells Fargo & Co. | 1,225,409 | 57,496,190 |
WesBanco, Inc. | 14,840 | 419,527 |
Western Alliance Bancorp * | 23,364 | 694,378 |
Wilshire Bancorp, Inc. | 24,890 | 244,918 |
Wintrust Financial Corp. | 11,625 | 494,062 |
WSFS Financial Corp. | 8,121 | 246,066 |
Zions Bancorp | 54,143 | 1,154,329 |
292,840,100 | ||
Capital Goods 7.5% | ||
3M Co. | 161,661 | 25,359,761 |
A.O. Smith Corp. | 18,600 | 1,309,068 |
AAON, Inc. | 10,721 | 265,881 |
AAR Corp. | 9,300 | 197,997 |
Actuant Corp., Class A | 20,925 | 489,854 |
Acuity Brands, Inc. | 11,625 | 2,434,624 |
Advanced Drainage Systems, Inc. | 8,777 | 170,274 |
AECOM * | 35,943 | 986,995 |
Aegion Corp. * | 9,520 | 172,407 |
Aerojet Rocketdyne Holdings, Inc. * | 14,268 | 221,582 |
Aerovironment, Inc. * | 11,332 | 281,940 |
AGCO Corp. | 18,001 | 890,869 |
Air Lease Corp. | 22,034 | 662,122 |
Aircastle Ltd. | 20,925 | 419,756 |
Alamo Group, Inc. | 5,266 | 273,253 |
Albany International Corp., Class A | 7,273 | 266,337 |
Allegion plc | 23,782 | 1,498,266 |
Allison Transmission Holdings, Inc. | 42,526 | 1,007,016 |
Altra Industrial Motion Corp. | 5,256 | 127,773 |
Ameresco, Inc., Class A * | 5,614 | 28,856 |
American Railcar Industries, Inc. | 2,678 | 110,521 |
American Woodmark Corp. * | 3,759 | 256,702 |
AMETEK, Inc. | 62,775 | 2,913,388 |
Apogee Enterprises, Inc. | 14,783 | 590,285 |
Applied Industrial Technologies, Inc. | 18,491 | 711,903 |
Armstrong World Industries, Inc. * | 11,792 | 477,930 |
Astec Industries, Inc. | 4,786 | 207,856 |
Astronics Corp. * | 3,678 | 116,997 |
AZZ, Inc. | 5,022 | 253,611 |
Security | Number of Shares | Value ($) |
B/E Aerospace, Inc. | 24,284 | 1,059,268 |
Babcock & Wilcox Enterprises, Inc. * | 14,955 | 292,071 |
Barnes Group, Inc. | 11,809 | 405,167 |
Beacon Roofing Supply, Inc. * | 11,625 | 419,663 |
Blount International, Inc. * | 28,196 | 273,501 |
Briggs & Stratton Corp. | 11,866 | 252,390 |
Builders FirstSource, Inc. * | 23,480 | 186,196 |
BWX Technologies, Inc. | 30,225 | 964,177 |
Carlisle Cos., Inc. | 16,275 | 1,467,354 |
Caterpillar, Inc. | 153,617 | 10,399,871 |
Chart Industries, Inc. * | 13,205 | 266,345 |
Chicago Bridge & Iron Co. N.V. | 26,179 | 878,044 |
CIRCOR International, Inc. | 4,650 | 186,419 |
CLARCOR, Inc. | 19,716 | 949,128 |
Colfax Corp. * | 24,117 | 610,401 |
Columbus McKinnon Corp. | 2,621 | 36,301 |
Comfort Systems USA, Inc. | 9,612 | 269,617 |
Continental Building Products, Inc. * | 3,011 | 50,826 |
Crane Co. | 13,950 | 684,248 |
CSW Industrials, Inc. * | 7,549 | 230,245 |
Cubic Corp. | 5,421 | 190,494 |
Cummins, Inc. | 41,268 | 4,026,519 |
Curtiss-Wright Corp. | 11,625 | 820,609 |
Danaher Corp. | 154,246 | 13,769,540 |
Deere & Co. | 83,109 | 6,663,680 |
DigitalGlobe, Inc. * | 16,924 | 254,537 |
Donaldson Co., Inc. | 37,200 | 1,050,528 |
Douglas Dynamics, Inc. | 12,895 | 252,226 |
Dover Corp. | 42,578 | 2,587,891 |
DXP Enterprises, Inc. * | 8,449 | 114,822 |
Dycom Industries, Inc. * | 7,456 | 424,768 |
Eaton Corp. plc | 120,937 | 6,858,337 |
EMCOR Group, Inc. | 16,275 | 746,534 |
Emerson Electric Co. | 175,006 | 8,545,543 |
Encore Wire Corp. | 5,121 | 185,073 |
EnerSys | 11,819 | 607,024 |
Engility Holdings, Inc. * | 1,304 | 18,921 |
EnPro Industries, Inc. | 4,802 | 249,128 |
ESCO Technologies, Inc. | 9,300 | 331,917 |
Esterline Technologies Corp. * | 9,300 | 520,893 |
Fastenal Co. (a) | 78,254 | 3,544,124 |
Federal Signal Corp. | 16,321 | 193,567 |
Flowserve Corp. | 37,283 | 1,566,632 |
Fluor Corp. | 36,170 | 1,665,267 |
Fortune Brands Home & Security, Inc. | 40,025 | 2,010,055 |
Franklin Electric Co., Inc. | 10,544 | 314,738 |
GATX Corp. | 13,950 | 599,990 |
Generac Holdings, Inc. * | 16,569 | 575,607 |
General Cable Corp. | 16,445 | 141,263 |
General Dynamics Corp. | 80,333 | 10,946,978 |
General Electric Co. | 2,470,326 | 71,985,300 |
Gibraltar Industries, Inc. * | 4,353 | 107,584 |
Global Brass & Copper Holdings, Inc. | 480 | 10,579 |
Graco, Inc. | 16,275 | 1,274,658 |
Granite Construction, Inc. | 13,185 | 546,518 |
Great Lakes Dredge & Dock Corp. * | 14,368 | 48,851 |
Griffon Corp. | 11,690 | 173,713 |
H&E Equipment Services, Inc. | 9,398 | 123,772 |
Security | Number of Shares | Value ($) |
Harsco Corp. | 25,575 | 96,929 |
HD Supply Holdings, Inc. * | 39,673 | 1,102,513 |
HEICO Corp. | 14,200 | 816,642 |
Hexcel Corp. | 23,706 | 979,769 |
Hillenbrand, Inc. | 18,600 | 523,032 |
Honeywell International, Inc. | 200,774 | 20,348,445 |
Hubbell, Inc. | 13,343 | 1,325,760 |
Huntington Ingalls Industries, Inc. | 11,767 | 1,542,183 |
Hyster-Yale Materials Handling, Inc. | 2,983 | 176,355 |
IDEX Corp. | 20,925 | 1,572,723 |
Illinois Tool Works, Inc. | 84,055 | 7,922,184 |
Ingersoll-Rand plc | 65,777 | 3,654,570 |
ITT Corp. | 23,250 | 819,795 |
Jacobs Engineering Group, Inc. * | 32,550 | 1,258,057 |
John Bean Technologies Corp. | 7,034 | 369,988 |
Joy Global, Inc. (a) | 27,646 | 357,186 |
KBR, Inc. | 37,752 | 522,110 |
Kennametal, Inc. | 20,925 | 421,220 |
KLX, Inc. * | 12,142 | 339,855 |
L-3 Communications Holdings, Inc. | 19,670 | 2,307,488 |
Lennox International, Inc. | 11,767 | 1,520,414 |
Lincoln Electric Holdings, Inc. | 19,724 | 1,076,339 |
Lindsay Corp. (a) | 2,546 | 184,330 |
Lockheed Martin Corp. | 70,135 | 15,134,432 |
Lydall, Inc. * | 1,704 | 49,331 |
Masco Corp. | 88,135 | 2,485,407 |
MasTec, Inc. * | 18,202 | 309,070 |
Meritor, Inc. * | 26,099 | 193,916 |
Moog, Inc., Class A * | 9,584 | 413,837 |
MSC Industrial Direct Co., Inc., Class A | 11,625 | 808,867 |
Mueller Industries, Inc. | 29,002 | 760,432 |
Mueller Water Products, Inc., Class A | 39,526 | 340,319 |
MYR Group, Inc. * | 10,036 | 225,107 |
Navistar International Corp. *(a) | 33,762 | 283,938 |
Nordson Corp. | 13,950 | 999,796 |
Nortek, Inc. * | 2,778 | 114,537 |
Northrop Grumman Corp. | 48,079 | 9,241,745 |
NOW, Inc. * | 34,362 | 555,977 |
Orbital ATK, Inc. | 16,843 | 1,410,770 |
Oshkosh Corp. | 23,250 | 802,125 |
Owens Corning | 35,024 | 1,503,230 |
PACCAR, Inc. | 93,000 | 4,789,500 |
Parker-Hannifin Corp. | 36,559 | 3,699,771 |
Pentair plc | 49,359 | 2,354,918 |
PGT, Inc. * | 19,972 | 197,523 |
Primoris Services Corp. | 12,023 | 256,811 |
Quanex Building Products Corp. | 9,344 | 160,904 |
Quanta Services, Inc. * | 39,830 | 808,151 |
Raven Industries, Inc. | 19,064 | 291,298 |
Raytheon Co. | 77,729 | 9,626,737 |
RBC Bearings, Inc. * | 6,975 | 444,273 |
Regal Beloit Corp. | 11,625 | 634,493 |
Rexnord Corp. * | 19,000 | 344,660 |
Rockwell Automation, Inc. | 34,434 | 3,584,235 |
Rockwell Collins, Inc. | 35,269 | 3,088,506 |
Roper Technologies, Inc. | 25,575 | 4,294,810 |
Rush Enterprises, Inc., Class A * | 7,364 | 127,692 |
Sensata Technologies Holding N.V. * | 42,591 | 1,452,779 |
Simpson Manufacturing Co., Inc. | 9,834 | 333,766 |
Security | Number of Shares | Value ($) |
Snap-on, Inc. | 14,250 | 2,061,547 |
SolarCity Corp. *(a) | 13,026 | 240,069 |
Spirit AeroSystems Holdings, Inc., Class A * | 33,301 | 1,531,846 |
SPX Corp. | 10,234 | 120,659 |
SPX FLOW, Inc. * | 10,234 | 191,683 |
Standex International Corp. | 2,325 | 163,750 |
Stanley Black & Decker, Inc. | 37,170 | 3,494,352 |
Sun Hydraulics Corp. | 5,121 | 152,503 |
TAL International Group, Inc. * | 17,313 | 220,394 |
TASER International, Inc. * | 12,515 | 242,541 |
Teledyne Technologies, Inc. * | 9,347 | 796,177 |
Tennant Co. | 6,975 | 324,617 |
Terex Corp. | 30,225 | 676,436 |
Textainer Group Holdings Ltd. (a) | 15,654 | 188,161 |
Textron, Inc. | 72,075 | 2,461,361 |
The Boeing Co. | 164,402 | 19,429,028 |
The Gorman-Rupp Co. | 1,580 | 39,911 |
The Greenbrier Cos., Inc. | 3,158 | 80,371 |
The Manitowoc Co., Inc. | 39,525 | 626,471 |
The Middleby Corp. * | 14,049 | 1,300,937 |
The Timken Co. | 20,925 | 624,193 |
The Toro Co. | 14,244 | 1,135,247 |
Thermon Group Holdings, Inc. * | 12,495 | 211,790 |
TransDigm Group, Inc. * | 13,754 | 2,937,579 |
Trex Co., Inc. * | 10,492 | 451,890 |
TriMas Corp. * | 9,919 | 164,060 |
Trinity Industries, Inc. | 41,850 | 662,904 |
Triumph Group, Inc. | 11,927 | 363,296 |
Tutor Perini Corp. * | 9,908 | 132,371 |
United Rentals, Inc. * | 26,013 | 1,341,490 |
United Technologies Corp. | 204,017 | 19,712,123 |
Univar, Inc. * | 11,995 | 188,681 |
Universal Forest Products, Inc. | 4,722 | 362,272 |
USG Corp. * | 21,401 | 455,841 |
Valmont Industries, Inc. | 5,797 | 655,351 |
W.W. Grainger, Inc. | 14,823 | 3,215,109 |
Wabash National Corp. * | 16,546 | 194,085 |
WABCO Holdings, Inc. * | 13,309 | 1,255,039 |
Wabtec Corp. | 23,450 | 1,655,570 |
Watsco, Inc. | 6,975 | 889,661 |
Watts Water Technologies, Inc., Class A | 7,069 | 364,548 |
WESCO International, Inc. * | 11,625 | 512,081 |
Woodward, Inc. | 13,950 | 654,953 |
Xylem, Inc. | 46,500 | 1,739,565 |
402,217,299 | ||
Commercial & Professional Services 1.1% | ||
Acacia Research Corp. | 31,311 | 98,943 |
ACCO Brands Corp. * | 29,108 | 212,779 |
Brady Corp., Class A | 11,625 | 303,761 |
CEB, Inc. | 7,365 | 399,699 |
Cintas Corp. | 22,839 | 1,918,248 |
Clean Harbors, Inc. * | 13,950 | 594,270 |
Copart, Inc. * | 28,340 | 1,069,835 |
Covanta Holding Corp. | 34,875 | 485,809 |
Deluxe Corp. | 13,950 | 800,869 |
Equifax, Inc. | 32,550 | 3,413,844 |
Essendant, Inc. | 13,950 | 411,107 |
Exponent, Inc. | 5,222 | 243,815 |
Security | Number of Shares | Value ($) |
FTI Consulting, Inc. * | 9,772 | 321,597 |
G&K Services, Inc., Class A | 6,975 | 462,442 |
GP Strategies Corp. * | 10,932 | 269,583 |
Healthcare Services Group, Inc. | 18,600 | 659,928 |
Herman Miller, Inc. | 14,206 | 370,635 |
HNI Corp. | 13,950 | 471,649 |
Huron Consulting Group, Inc. * | 6,050 | 335,896 |
ICF International, Inc. * | 4,856 | 164,036 |
IHS, Inc., Class A * | 17,082 | 1,776,357 |
Insperity, Inc. | 6,984 | 331,670 |
KAR Auction Services, Inc. | 35,853 | 1,269,555 |
Kelly Services, Inc., Class A | 7,434 | 128,088 |
Kforce, Inc. | 9,412 | 150,027 |
Knoll, Inc. | 11,802 | 225,418 |
Korn/Ferry International | 11,695 | 332,372 |
ManpowerGroup, Inc. | 20,925 | 1,620,432 |
Matthews International Corp., Class A | 9,300 | 440,541 |
McGrath RentCorp | 5,052 | 124,279 |
Multi-Color Corp. | 3,959 | 192,724 |
Navigant Consulting, Inc. * | 14,002 | 212,550 |
Nielsen Holdings plc | 95,736 | 4,819,350 |
On Assignment, Inc. * | 12,750 | 420,878 |
Pitney Bowes, Inc. | 53,475 | 968,967 |
R.R. Donnelley & Sons Co. | 45,089 | 684,451 |
Republic Services, Inc. | 65,667 | 3,000,982 |
Resources Connection, Inc. | 18,964 | 263,031 |
Robert Half International, Inc. | 39,525 | 1,556,890 |
Rollins, Inc. | 28,134 | 774,529 |
RPX Corp. * | 27,331 | 270,850 |
Steelcase, Inc., Class A | 19,046 | 237,885 |
Stericycle, Inc. * | 23,250 | 2,648,872 |
Team, Inc. * | 6,975 | 178,769 |
Tetra Tech, Inc. | 14,550 | 400,562 |
The ADT Corp. | 47,564 | 1,920,159 |
The Advisory Board Co. * | 14,768 | 435,508 |
The Brink's Co. | 13,950 | 408,038 |
The Dun & Bradstreet Corp. | 9,894 | 947,746 |
TransUnion * | 15,798 | 416,593 |
TriNet Group, Inc. * | 21,147 | 276,814 |
TrueBlue, Inc. * | 13,950 | 320,153 |
Tyco International plc | 109,843 | 3,864,277 |
UniFirst Corp. | 4,650 | 490,156 |
US Ecology, Inc. | 5,812 | 215,044 |
Verisk Analytics, Inc. * | 41,285 | 3,007,199 |
Viad Corp. | 10,232 | 290,180 |
WageWorks, Inc. * | 7,465 | 359,589 |
Waste Connections, Inc. | 30,655 | 1,890,494 |
Waste Management, Inc. | 106,251 | 5,934,118 |
West Corp. | 28,715 | 639,770 |
57,454,612 | ||
Consumer Durables & Apparel 1.7% | ||
Beazer Homes USA, Inc. * | 12,290 | 89,963 |
Brunswick Corp. | 23,250 | 989,055 |
CalAtlantic Group, Inc. | 26,977 | 818,482 |
Callaway Golf Co. | 32,167 | 285,965 |
Carter's, Inc. | 14,564 | 1,480,139 |
Cavco Industries, Inc. * | 2,469 | 200,335 |
Coach, Inc. | 70,520 | 2,746,049 |
Columbia Sportswear Co. | 9,300 | 553,536 |
Security | Number of Shares | Value ($) |
Crocs, Inc. * | 25,626 | 250,879 |
D.R. Horton, Inc. | 81,932 | 2,189,223 |
Deckers Outdoor Corp. * | 7,675 | 434,098 |
Ethan Allen Interiors, Inc. | 5,222 | 148,984 |
G-III Apparel Group Ltd. * | 11,754 | 620,023 |
Garmin Ltd. | 30,225 | 1,224,415 |
GoPro, Inc., Class A *(a) | 18,723 | 222,429 |
Hanesbrands, Inc. | 102,300 | 2,914,527 |
Harman International Industries, Inc. | 18,600 | 1,426,248 |
Hasbro, Inc. | 30,225 | 2,293,171 |
Helen of Troy Ltd. * | 6,548 | 624,417 |
Iconix Brand Group, Inc. *(a) | 21,431 | 186,450 |
iRobot Corp. * | 5,261 | 164,880 |
Jarden Corp. * | 55,023 | 2,909,616 |
Kate Spade & Co. * | 28,141 | 557,755 |
KB Home (a) | 25,160 | 306,952 |
La-Z-Boy, Inc. | 14,484 | 352,685 |
Leggett & Platt, Inc. | 35,216 | 1,572,747 |
Lennar Corp., B Shares | 6,118 | 206,238 |
Lennar Corp., Class A | 45,959 | 1,927,520 |
LGI Homes, Inc. *(a) | 7,201 | 170,952 |
Libbey, Inc. | 7,407 | 123,178 |
lululemon athletica, Inc. * | 26,400 | 1,656,072 |
M.D.C Holdings, Inc. | 19,964 | 441,404 |
M/I Homes, Inc. * | 10,636 | 186,875 |
Mattel, Inc. | 91,339 | 2,970,344 |
Michael Kors Holdings Ltd. * | 51,906 | 2,940,475 |
Mohawk Industries, Inc. * | 16,439 | 2,954,581 |
Movado Group, Inc. | 4,922 | 143,772 |
NACCO Industries, Inc., Class A | 2,325 | 114,878 |
Newell Rubbermaid, Inc. | 67,851 | 2,579,016 |
NIKE, Inc., Class B | 350,320 | 21,576,209 |
NVR, Inc. * | 848 | 1,388,176 |
Oxford Industries, Inc. | 4,652 | 337,875 |
Polaris Industries, Inc. | 16,389 | 1,440,757 |
PulteGroup, Inc. | 88,350 | 1,518,736 |
PVH Corp. | 21,308 | 1,686,528 |
Ralph Lauren Corp. | 16,275 | 1,477,119 |
Skechers U.S.A., Inc., Class A * | 28,632 | 942,565 |
Smith & Wesson Holding Corp. * | 17,107 | 433,834 |
Steven Madden Ltd. * | 16,838 | 592,698 |
Sturm Ruger & Co., Inc. | 4,872 | 342,550 |
Taylor Morrison Home Corp., Class A * | 7,765 | 108,011 |
Tempur Sealy International, Inc. * | 20,058 | 1,156,745 |
Toll Brothers, Inc. * | 39,525 | 1,084,961 |
TopBuild Corp. * | 10,640 | 287,067 |
TRI Pointe Group, Inc. * | 31,102 | 320,662 |
Tumi Holdings, Inc. * | 23,730 | 468,667 |
Tupperware Brands Corp. | 12,353 | 617,156 |
Under Armour, Inc., Class A * | 46,544 | 3,895,267 |
Unifi, Inc. * | 9,848 | 220,694 |
Universal Electronics, Inc. * | 2,668 | 141,778 |
VF Corp. | 89,604 | 5,834,116 |
Vista Outdoor, Inc. * | 14,750 | 727,175 |
WCI Communities, Inc. * | 10,836 | 186,921 |
Whirlpool Corp. | 20,500 | 3,184,060 |
William Lyon Homes, Class A * | 11,036 | 130,887 |
Wolverine World Wide, Inc. | 27,900 | 528,147 |
92,607,689 |
Security | Number of Shares | Value ($) |
Consumer Services 2.4% | ||
2U, Inc. * | 13,315 | 297,590 |
Apollo Education Group, Inc. * | 44,777 | 366,724 |
Aramark | 62,505 | 1,963,907 |
Belmond Ltd., Class A * | 23,250 | 213,667 |
BJ's Restaurants, Inc. * | 5,626 | 247,994 |
Bloomin' Brands, Inc. | 18,952 | 327,680 |
Bob Evans Farms, Inc. | 7,110 | 305,090 |
Boyd Gaming Corp. * | 12,372 | 214,283 |
Bright Horizons Family Solutions, Inc. * | 10,020 | 634,967 |
Brinker International, Inc. | 12,846 | 639,731 |
Buffalo Wild Wings, Inc. * | 6,364 | 1,009,649 |
Capella Education Co. | 5,418 | 250,528 |
Carnival Corp. | 119,684 | 5,740,045 |
Carriage Services, Inc. | 780 | 16,076 |
Chipotle Mexican Grill, Inc. * | 7,811 | 3,977,049 |
Choice Hotels International, Inc. | 10,419 | 540,017 |
Churchill Downs, Inc. | 3,042 | 412,556 |
Chuy's Holdings, Inc. * | 8,677 | 278,011 |
ClubCorp Holdings, Inc. | 19,488 | 258,606 |
Cracker Barrel Old Country Store, Inc. (a) | 6,975 | 1,032,649 |
Darden Restaurants, Inc. | 30,209 | 1,929,751 |
Dave & Buster's Entertainment, Inc. * | 6,218 | 229,506 |
Denny's Corp. * | 23,480 | 242,548 |
Diamond Resorts International, Inc. *(a) | 19,964 | 435,016 |
DineEquity, Inc. | 5,185 | 474,272 |
Domino's Pizza, Inc. | 14,100 | 1,875,864 |
Dunkin' Brands Group, Inc. | 26,276 | 1,223,936 |
Fiesta Restaurant Group, Inc. * | 11,332 | 375,316 |
Graham Holdings Co., Class B | 1,012 | 493,967 |
Grand Canyon Education, Inc. * | 11,829 | 461,094 |
H&R Block, Inc. | 66,138 | 2,174,617 |
Hilton Worldwide Holdings, Inc. | 135,265 | 2,810,807 |
Houghton Mifflin Harcourt Co. * | 26,943 | 506,798 |
Hyatt Hotels Corp., Class A * | 8,207 | 378,753 |
International Speedway Corp., Class A | 7,117 | 245,465 |
Interval Leisure Group, Inc. | 11,818 | 153,043 |
Jack in the Box, Inc. | 9,856 | 677,600 |
K12, Inc. * | 17,181 | 168,202 |
Krispy Kreme Doughnuts, Inc. * | 16,446 | 240,769 |
La Quinta Holdings, Inc. * | 23,930 | 259,880 |
Las Vegas Sands Corp. | 98,223 | 4,742,206 |
LifeLock, Inc. * | 29,608 | 326,576 |
Marriott International, Inc., Class A (a) | 52,406 | 3,571,469 |
Marriott Vacations Worldwide Corp. | 7,177 | 434,567 |
McDonald's Corp. | 239,724 | 28,093,256 |
MGM Resorts International * | 126,411 | 2,392,960 |
Norwegian Cruise Line Holdings Ltd. * | 41,951 | 2,061,053 |
Panera Bread Co., Class A * | 7,089 | 1,468,841 |
Papa John's International, Inc. | 9,556 | 555,681 |
Penn National Gaming, Inc. * | 16,475 | 228,014 |
Pinnacle Entertainment, Inc. * | 14,549 | 420,612 |
Popeyes Louisiana Kitchen, Inc. * | 11,741 | 639,767 |
Red Robin Gourmet Burgers, Inc. * | 5,558 | 361,826 |
Security | Number of Shares | Value ($) |
Regis Corp. * | 14,206 | 203,572 |
Royal Caribbean Cruises Ltd. | 43,480 | 3,233,608 |
Ruth's Hospitality Group, Inc. | 16,613 | 291,890 |
Scientific Games Corp., Class A *(a) | 22,125 | 188,284 |
Service Corp. International | 53,910 | 1,267,963 |
ServiceMaster Global Holdings, Inc. * | 37,576 | 1,425,258 |
Six Flags Entertainment Corp. | 22,557 | 1,147,249 |
Sonic Corp. | 16,275 | 477,997 |
Sotheby's | 16,371 | 372,440 |
Starbucks Corp. | 386,884 | 22,520,518 |
Starwood Hotels & Resorts Worldwide, Inc. | 41,613 | 2,875,874 |
Strayer Education, Inc. * | 5,118 | 230,975 |
Texas Roadhouse, Inc. | 16,275 | 678,830 |
The Cheesecake Factory, Inc. | 12,067 | 602,143 |
The Wendy's Co. | 69,029 | 646,802 |
Vail Resorts, Inc. | 9,300 | 1,184,913 |
Weight Watchers International, Inc. *(a) | 12,015 | 141,417 |
Wyndham Worldwide Corp. | 31,503 | 2,294,679 |
Wynn Resorts Ltd. (a) | 20,337 | 1,677,396 |
Yum! Brands, Inc. | 112,555 | 8,156,861 |
Zoe's Kitchen, Inc. * | 8,341 | 291,351 |
129,290,871 | ||
Diversified Financials 4.5% | ||
Affiliated Managers Group, Inc. * | 13,950 | 1,934,725 |
Ally Financial, Inc. * | 109,702 | 1,928,561 |
American Express Co. | 220,137 | 12,235,214 |
Ameriprise Financial, Inc. | 45,776 | 3,842,895 |
Berkshire Hathaway, Inc., Class B * | 491,912 | 65,999,833 |
BGC Partners, Inc., Class A | 30,743 | 265,620 |
BlackRock, Inc. | 32,687 | 10,197,037 |
Capital One Financial Corp. | 140,656 | 9,245,319 |
Cash America International, Inc. | 7,118 | 239,805 |
CBOE Holdings, Inc. | 21,451 | 1,340,687 |
CME Group, Inc. | 89,432 | 8,177,662 |
Cohen & Steers, Inc. | 6,975 | 217,062 |
Cowen Group, Inc., Class A * | 54,057 | 183,253 |
Credit Acceptance Corp. *(a) | 2,325 | 458,188 |
Diamond Hill Investment Group, Inc. | 1,300 | 219,700 |
Discover Financial Services | 112,372 | 5,216,308 |
E*TRADE Financial Corp. * | 72,523 | 1,701,390 |
Eaton Vance Corp. | 30,225 | 873,805 |
Encore Capital Group, Inc. *(a) | 4,922 | 114,436 |
Evercore Partners, Inc., Class A | 10,270 | 479,301 |
FactSet Research Systems, Inc. | 11,625 | 1,749,446 |
Federated Investors, Inc., Class B | 37,632 | 984,829 |
Financial Engines, Inc. | 19,974 | 487,366 |
First Cash Financial Services, Inc. | 13,015 | 548,843 |
FNFV Group * | 23,284 | 236,798 |
Franklin Resources, Inc. | 100,461 | 3,601,527 |
GAMCO Investors, Inc., Class A | 2,797 | 97,168 |
Green Dot Corp., Class A * | 18,972 | 391,962 |
Greenhill & Co., Inc. | 5,244 | 120,927 |
HFF, Inc., Class A | 11,625 | 290,974 |
Interactive Brokers Group, Inc., Class A | 23,615 | 806,925 |
Security | Number of Shares | Value ($) |
Intercontinental Exchange, Inc. | 30,737 | 7,329,545 |
INTL FCStone, Inc. * | 2,004 | 51,162 |
Invesco Ltd. | 110,343 | 2,950,572 |
Investment Technology Group, Inc. | 9,844 | 180,342 |
Janus Capital Group, Inc. | 46,500 | 601,245 |
KCG Holdings, Inc., Class A * | 24,202 | 255,815 |
Lazard Ltd., Class A | 34,939 | 1,229,154 |
Legg Mason, Inc. | 26,568 | 758,782 |
LendingClub Corp. * | 60,773 | 530,548 |
Leucadia National Corp. | 74,897 | 1,082,262 |
LPL Financial Holdings, Inc. (a) | 19,763 | 399,805 |
MarketAxess Holdings, Inc. | 10,760 | 1,274,630 |
McGraw Hill Financial, Inc. | 72,075 | 6,468,010 |
Moelis & Co., Class A | 10,136 | 250,562 |
Moody's Corp. | 44,955 | 3,992,004 |
Morgan Stanley | 392,505 | 9,694,873 |
Morningstar, Inc. | 4,964 | 394,092 |
MSCI, Inc. | 25,542 | 1,801,222 |
Nasdaq, Inc. | 30,313 | 1,918,510 |
Navient Corp. | 89,694 | 971,386 |
Nelnet, Inc., Class A | 7,051 | 265,118 |
NewStar Financial, Inc. * | 11,760 | 80,674 |
Northern Trust Corp. | 55,800 | 3,313,404 |
NorthStar Asset Management Group, Inc. | 46,849 | 512,060 |
OneMain Holdings, Inc. * | 10,187 | 229,921 |
Piper Jaffray Cos. * | 7,380 | 312,543 |
PRA Group, Inc. * | 13,950 | 340,380 |
Raymond James Financial, Inc. | 30,889 | 1,354,174 |
Safeguard Scientifics, Inc. * | 2,659 | 31,429 |
Santander Consumer USA Holdings, Inc. * | 22,166 | 227,201 |
SEI Investments Co. | 33,138 | 1,264,877 |
SLM Corp. * | 112,424 | 656,556 |
State Street Corp. | 107,758 | 5,902,983 |
Stifel Financial Corp. * | 14,625 | 423,540 |
Synchrony Financial * | 215,863 | 5,817,508 |
T. Rowe Price Group, Inc. | 65,100 | 4,499,061 |
TD Ameritrade Holding Corp. | 68,889 | 1,968,848 |
The Bank of New York Mellon Corp. | 288,892 | 10,223,888 |
The Charles Schwab Corp. (b) | 306,879 | 7,687,319 |
The Goldman Sachs Group, Inc. | 103,255 | 15,439,720 |
Virtus Investment Partners, Inc. | 1,092 | 100,257 |
Voya Financial, Inc. | 58,306 | 1,711,864 |
Waddell & Reed Financial, Inc., Class A | 21,225 | 497,089 |
WisdomTree Investments, Inc. (a) | 26,287 | 311,501 |
239,494,002 | ||
Energy 5.9% | ||
Alon USA Energy, Inc. | 15,754 | 155,334 |
Anadarko Petroleum Corp. | 128,875 | 4,890,806 |
Antero Resources Corp. *(a) | 17,245 | 394,048 |
Apache Corp. | 100,578 | 3,850,126 |
Archrock, Inc. | 16,303 | 65,049 |
Atwood Oceanics, Inc. (a) | 22,547 | 155,123 |
Baker Hughes, Inc. | 117,466 | 5,035,767 |
Basic Energy Services, Inc. *(a) | 14,574 | 25,505 |
Bristow Group, Inc. | 9,568 | 145,529 |
Cabot Oil & Gas Corp. | 111,600 | 2,246,508 |
Security | Number of Shares | Value ($) |
California Resources Corp. | 63,135 | 35,488 |
Cameron International Corp. * | 50,144 | 3,287,441 |
CARBO Ceramics, Inc. (a) | 8,263 | 165,177 |
Carrizo Oil & Gas, Inc. * | 12,788 | 274,942 |
Cheniere Energy, Inc. * | 58,721 | 2,099,276 |
Chesapeake Energy Corp. (a) | 140,540 | 366,809 |
Chevron Corp. | 491,999 | 41,052,397 |
Cimarex Energy Co. | 23,250 | 1,953,698 |
Cobalt International Energy, Inc. * | 91,733 | 244,010 |
Columbia Pipeline Group, Inc. | 114,672 | 2,081,297 |
Concho Resources, Inc. * | 32,150 | 2,901,216 |
ConocoPhillips | 319,237 | 10,799,788 |
CONSOL Energy, Inc. (a) | 67,511 | 582,620 |
Continental Resources, Inc. * | 23,528 | 545,379 |
Core Laboratories N.V. (a) | 11,645 | 1,222,026 |
CVR Energy, Inc. (a) | 4,650 | 109,973 |
Delek US Holdings, Inc. | 13,965 | 220,926 |
Denbury Resources, Inc. (a) | 162,027 | 207,395 |
Devon Energy Corp. | 100,463 | 1,977,112 |
Diamond Offshore Drilling, Inc. (a) | 21,829 | 436,798 |
Diamondback Energy, Inc. * | 16,639 | 1,185,529 |
Dril-Quip, Inc. * | 10,247 | 555,900 |
Energen Corp. | 18,600 | 492,528 |
Ensco plc, Class A | 71,269 | 617,902 |
EOG Resources, Inc. | 147,591 | 9,555,041 |
EQT Corp. | 45,191 | 2,518,946 |
Era Group, Inc. * | 4,650 | 42,873 |
Evolution Petroleum Corp. | 4,670 | 20,174 |
Exterran Corp. * | 8,055 | 109,870 |
Exxon Mobil Corp. | 1,088,585 | 87,250,088 |
FMC Technologies, Inc. * | 60,638 | 1,487,450 |
Forum Energy Technologies, Inc. * | 12,259 | 144,166 |
Frank's International N.V. | 4,283 | 59,491 |
Geospace Technologies Corp. * | 1,092 | 12,198 |
Green Plains, Inc. | 18,181 | 247,262 |
Gulfport Energy Corp. * | 28,685 | 688,440 |
Halliburton Co. | 221,554 | 7,151,763 |
Helix Energy Solutions Group, Inc. * | 45,321 | 176,752 |
Helmerich & Payne, Inc. | 26,775 | 1,418,272 |
Hess Corp. | 64,302 | 2,803,567 |
HollyFrontier Corp. | 51,649 | 1,746,769 |
Hornbeck Offshore Services, Inc. * | 13,335 | 114,548 |
Kinder Morgan, Inc. | 479,708 | 8,677,918 |
Kosmos Energy Ltd. * | 73,273 | 357,572 |
Laredo Petroleum, Inc. *(a) | 36,890 | 188,508 |
Marathon Oil Corp. | 172,610 | 1,417,128 |
Marathon Petroleum Corp. | 137,401 | 4,705,984 |
Matador Resources Co. * | 18,805 | 303,513 |
Matrix Service Co. * | 13,015 | 239,346 |
McDermott International, Inc. * | 43,994 | 145,180 |
Memorial Resource Development Corp. * | 14,878 | 143,870 |
Murphy Oil Corp. | 42,386 | 728,191 |
Nabors Industries Ltd. | 111,548 | 798,684 |
National Oilwell Varco, Inc. | 99,052 | 2,899,252 |
Natural Gas Services Group, Inc. * | 6,254 | 112,947 |
Newfield Exploration Co. * | 42,306 | 1,151,992 |
Noble Corp. plc (a) | 70,110 | 584,016 |
Noble Energy, Inc. | 111,706 | 3,295,327 |
Oasis Petroleum, Inc. * | 53,878 | 290,402 |
Occidental Petroleum Corp. | 200,881 | 13,824,630 |
Oceaneering International, Inc. | 27,900 | 770,598 |
Security | Number of Shares | Value ($) |
ONEOK, Inc. | 52,250 | 1,254,000 |
Parsley Energy, Inc., Class A * | 30,680 | 563,898 |
Patterson-UTI Energy, Inc. | 45,077 | 700,497 |
PBF Energy, Inc., Class A | 23,342 | 704,928 |
PDC Energy, Inc. * | 9,300 | 466,023 |
Phillips 66 | 125,393 | 9,954,950 |
Pioneer Natural Resources Co. | 41,184 | 4,963,908 |
QEP Resources, Inc. | 52,150 | 508,984 |
Range Resources Corp. (a) | 41,850 | 993,101 |
Rice Energy, Inc. * | 15,782 | 144,563 |
RigNet, Inc. * | 3,527 | 46,556 |
Rowan Cos. plc, Class A | 27,417 | 365,194 |
RPC, Inc. | 21,701 | 294,483 |
RSP Permian, Inc. * | 20,344 | 486,425 |
Schlumberger Ltd. | 326,780 | 23,436,662 |
SEACOR Holdings, Inc. * | 4,650 | 225,014 |
SemGroup Corp., Class A | 13,230 | 251,370 |
SM Energy Co. | 24,127 | 218,108 |
Southwestern Energy Co. *(a) | 91,354 | 528,026 |
Spectra Energy Corp. | 175,305 | 5,118,906 |
Superior Energy Services, Inc. | 51,226 | 526,603 |
Synergy Resources Corp. * | 22,317 | 139,481 |
Targa Resources Corp. | 43,862 | 1,179,011 |
Teekay Corp. | 9,546 | 76,368 |
Tesco Corp. | 8,245 | 59,694 |
Tesoro Corp. | 30,823 | 2,486,800 |
TETRA Technologies, Inc. * | 41,103 | 207,159 |
The Williams Cos., Inc. | 178,880 | 2,860,291 |
Transocean Ltd. (a) | 99,423 | 860,009 |
Unit Corp. * | 23,230 | 124,513 |
US Silica Holdings, Inc. (a) | 18,664 | 358,162 |
Valero Energy Corp. | 124,382 | 7,472,871 |
Weatherford International plc * | 192,975 | 1,235,040 |
Western Refining, Inc. | 16,275 | 434,054 |
Whiting Petroleum Corp. * | 46,454 | 186,281 |
World Fuel Services Corp. | 18,600 | 870,666 |
WPX Energy, Inc. * | 62,254 | 255,864 |
317,120,613 | ||
Food & Staples Retailing 2.2% | ||
Casey's General Stores, Inc. | 11,512 | 1,215,322 |
Costco Wholesale Corp. | 113,100 | 16,968,393 |
CVS Health Corp. | 288,205 | 28,004,880 |
Ingles Markets, Inc., Class A | 5,618 | 189,495 |
PriceSmart, Inc. | 7,833 | 605,178 |
Rite Aid Corp. * | 271,411 | 2,157,717 |
Smart & Final Stores, Inc. * | 1,532 | 24,895 |
SpartanNash Co. | 6,646 | 182,433 |
Sprouts Farmers Market, Inc. * | 37,467 | 1,067,060 |
SUPERVALU, Inc. * | 53,594 | 273,865 |
Sysco Corp. | 144,376 | 6,371,313 |
The Andersons, Inc. | 7,375 | 198,019 |
The Fresh Market, Inc. * | 17,481 | 403,287 |
The Kroger Co. | 256,038 | 10,218,477 |
United Natural Foods, Inc. * | 12,625 | 389,607 |
Wal-Mart Stores, Inc. | 411,058 | 27,269,588 |
Walgreens Boots Alliance, Inc. | 225,838 | 17,827,652 |
Weis Markets, Inc. | 4,650 | 193,579 |
Whole Foods Market, Inc. | 86,505 | 2,708,471 |
116,269,231 |
Security | Number of Shares | Value ($) |
Food, Beverage & Tobacco 5.3% | ||
Altria Group, Inc. | 513,456 | 31,613,486 |
Archer-Daniels-Midland Co. | 160,520 | 5,611,779 |
B&G Foods, Inc. | 13,950 | 482,531 |
Blue Buffalo Pet Products, Inc. *(a) | 12,895 | 235,979 |
Brown-Forman Corp., Class A | 7,117 | 758,601 |
Brown-Forman Corp., Class B | 26,748 | 2,633,876 |
Bunge Ltd. | 37,200 | 1,849,584 |
Cal-Maine Foods, Inc. (a) | 5,356 | 285,903 |
Calavo Growers, Inc. | 5,718 | 306,256 |
Campbell Soup Co. | 44,763 | 2,764,115 |
Coca-Cola Bottling Co. Consolidated | 1,500 | 262,080 |
Coca-Cola Enterprises, Inc. | 53,598 | 2,600,039 |
ConAgra Foods, Inc. | 112,020 | 4,711,561 |
Constellation Brands, Inc., Class A | 44,577 | 6,304,525 |
Darling Ingredients, Inc. * | 71,701 | 646,026 |
Dean Foods Co. | 23,403 | 451,444 |
Diamond Foods, Inc. *(d) | 9,300 | 352,007 |
Dr. Pepper Snapple Group, Inc. | 49,676 | 4,546,844 |
Flowers Foods, Inc. | 42,582 | 729,430 |
Fresh Del Monte Produce, Inc. | 11,625 | 466,279 |
General Mills, Inc. | 156,690 | 9,221,207 |
Hormel Foods Corp. | 74,400 | 3,162,744 |
Ingredion, Inc. | 17,959 | 1,817,810 |
J&J Snack Foods Corp. | 3,324 | 368,266 |
Kellogg Co. | 65,626 | 4,857,637 |
Keurig Green Mountain, Inc. | 30,690 | 2,821,639 |
Lancaster Colony Corp. | 4,662 | 474,452 |
Landec Corp. * | 20,572 | 207,571 |
McCormick & Co., Inc. Non-Voting Shares | 29,584 | 2,759,004 |
Mead Johnson Nutrition Co. | 51,462 | 3,795,837 |
Molson Coors Brewing Co., Class B | 48,416 | 4,128,432 |
Mondelez International, Inc., Class A | 416,531 | 16,882,001 |
Monster Beverage Corp. * | 39,624 | 4,972,812 |
PepsiCo, Inc. | 379,745 | 37,146,656 |
Philip Morris International, Inc. | 405,843 | 36,943,888 |
Pilgrim's Pride Corp. * | 21,302 | 520,834 |
Pinnacle Foods, Inc. | 38,565 | 1,665,622 |
Post Holdings, Inc. * | 15,713 | 1,091,425 |
Reynolds American, Inc. | 220,190 | 11,104,182 |
Seaboard Corp. * | 76 | 222,300 |
Snyder's-Lance, Inc. (a) | 13,950 | 456,305 |
The Boston Beer Co., Inc., Class A * | 2,325 | 437,356 |
The Coca-Cola Co. | 1,023,440 | 44,140,967 |
The Hain Celestial Group, Inc. * | 25,954 | 959,519 |
The Hershey Co. | 39,525 | 3,592,427 |
The J.M. Smucker Co. | 30,492 | 3,889,864 |
The Kraft Heinz Co. | 154,470 | 11,897,279 |
The WhiteWave Foods Co. * | 44,211 | 1,711,850 |
Tootsie Roll Industries, Inc. (a) | 7,416 | 247,101 |
TreeHouse Foods, Inc. * | 12,716 | 1,073,485 |
Tyson Foods, Inc., Class A | 77,045 | 4,988,664 |
Vector Group Ltd. | 23,902 | 555,243 |
285,726,724 |
Security | Number of Shares | Value ($) |
Health Care Equipment & Services 5.2% | ||
Abaxis, Inc. | 10,427 | 408,947 |
Abbott Laboratories | 384,753 | 14,905,331 |
ABIOMED, Inc. * | 11,806 | 944,598 |
Acadia Healthcare Co., Inc. * | 18,026 | 998,821 |
Accuray, Inc. * | 43,162 | 217,968 |
Aceto Corp. | 10,036 | 215,272 |
Adeptus Health, Inc., Class A *(a) | 5,372 | 305,774 |
Aetna, Inc. | 91,562 | 9,946,380 |
Air Methods Corp. * | 13,415 | 487,367 |
Alere, Inc. * | 20,925 | 1,115,302 |
Align Technology, Inc. * | 16,870 | 1,113,926 |
Allscripts Healthcare Solutions, Inc. * | 48,825 | 611,289 |
Amedisys, Inc. * | 12,405 | 455,760 |
AmerisourceBergen Corp. | 50,200 | 4,348,324 |
AMN Healthcare Services, Inc. * | 17,275 | 491,128 |
Amsurg Corp. * | 16,312 | 1,110,032 |
Analogic Corp. | 2,529 | 189,624 |
Anthem, Inc. | 68,693 | 8,977,488 |
athenahealth, Inc. * | 9,300 | 1,200,351 |
Atrion Corp. | 600 | 225,450 |
Baxter International, Inc. | 141,825 | 5,603,506 |
Becton Dickinson & Co. | 53,637 | 7,908,776 |
Boston Scientific Corp. * | 347,736 | 5,904,557 |
Brookdale Senior Living, Inc. * | 44,556 | 640,270 |
C.R. Bard, Inc. | 18,961 | 3,647,717 |
Cantel Medical Corp. | 9,853 | 626,946 |
Capital Senior Living Corp. * | 12,795 | 218,539 |
Cardinal Health, Inc. | 86,319 | 7,052,262 |
Cardiovascular Systems, Inc. * | 6,988 | 58,420 |
Centene Corp. * | 32,594 | 1,856,554 |
Cerner Corp. * | 77,407 | 3,952,401 |
Chemed Corp. | 4,697 | 603,564 |
Cigna Corp. | 67,821 | 9,468,490 |
Community Health Systems, Inc. * | 30,242 | 457,259 |
Computer Programs & Systems, Inc. | 2,522 | 142,897 |
CONMED Corp. | 7,012 | 278,657 |
Cynosure, Inc., Class A * | 10,488 | 426,547 |
DaVita HealthCare Partners, Inc. * | 41,058 | 2,708,596 |
DENTSPLY International, Inc. | 37,200 | 2,267,712 |
DexCom, Inc. * | 24,208 | 1,574,972 |
Edwards Lifesciences Corp. * | 56,984 | 4,957,608 |
Endologix, Inc. * | 14,071 | 121,292 |
Envision Healthcare Holdings, Inc. * | 47,133 | 1,036,455 |
ExamWorks Group, Inc. * | 17,881 | 520,337 |
Express Scripts Holding Co. * | 176,502 | 12,422,211 |
GenMark Diagnostics, Inc. * | 26,849 | 132,903 |
Globus Medical, Inc., Class A * | 14,479 | 351,840 |
Greatbatch, Inc. * | 10,822 | 409,072 |
Haemonetics Corp. * | 13,950 | 447,516 |
Halyard Health, Inc. * | 11,924 | 304,300 |
HCA Holdings, Inc. * | 83,667 | 5,790,593 |
Health Net, Inc. * | 19,798 | 1,231,832 |
HealthEquity, Inc. * | 12,935 | 269,307 |
HealthSouth Corp. | 23,250 | 819,097 |
HealthStream, Inc. * | 9,792 | 202,401 |
Healthways, Inc. * | 390 | 4,107 |
HeartWare International, Inc. * | 2,855 | 91,246 |
Henry Schein, Inc. * | 21,467 | 3,551,715 |
Security | Number of Shares | Value ($) |
Hill-Rom Holdings, Inc. | 16,275 | 754,346 |
HMS Holdings Corp. * | 26,849 | 353,601 |
Hologic, Inc. * | 63,554 | 2,200,875 |
Humana, Inc. | 37,954 | 6,716,719 |
ICU Medical, Inc. * | 2,479 | 227,820 |
IDEXX Laboratories, Inc. * | 23,862 | 1,745,744 |
IMS Health Holdings, Inc. * | 31,038 | 800,160 |
Inogen, Inc. * | 5,018 | 171,515 |
Inovalon Holdings, Inc., Class A *(a) | 12,395 | 213,070 |
Insulet Corp. * | 18,181 | 557,066 |
Integra LifeSciences Holdings Corp. * | 6,989 | 428,845 |
Intuitive Surgical, Inc. * | 9,892 | 5,569,790 |
Invacare Corp. | 5,344 | 64,716 |
K2M Group Holdings, Inc. * | 12,995 | 153,861 |
Kindred Healthcare, Inc. | 23,250 | 244,357 |
Laboratory Corp. of America Holdings * | 25,869 | 2,841,451 |
LDR Holding Corp. * | 7,277 | 150,998 |
LHC Group, Inc. * | 5,618 | 200,169 |
LifePoint Health, Inc. * | 9,884 | 616,366 |
LivaNova plc * | 12,593 | 710,749 |
Magellan Health, Inc. * | 9,300 | 585,760 |
Masimo Corp. * | 13,950 | 527,868 |
McKesson Corp. | 60,450 | 9,407,229 |
Medidata Solutions, Inc. * | 13,229 | 456,400 |
MEDNAX, Inc. * | 23,850 | 1,598,904 |
Medtronic plc | 367,512 | 28,441,754 |
Meridian Bioscience, Inc. | 16,275 | 327,941 |
Merit Medical Systems, Inc. * | 11,625 | 218,666 |
Molina Healthcare, Inc. * | 10,448 | 648,194 |
National HealthCare Corp. | 2,378 | 152,501 |
Natus Medical, Inc. * | 7,532 | 273,562 |
Neogen Corp. * | 9,890 | 487,082 |
Nevro Corp. * | 5,818 | 335,117 |
NuVasive, Inc. * | 17,278 | 722,220 |
NxStage Medical, Inc. * | 28,774 | 428,733 |
Omnicell, Inc. * | 18,166 | 497,203 |
Orthofix International N.V. * | 7,477 | 287,192 |
Owens & Minor, Inc. | 16,275 | 641,398 |
Patterson Cos., Inc. | 21,119 | 917,409 |
PharMerica Corp. * | 12,190 | 281,711 |
Quality Systems, Inc. | 20,572 | 319,895 |
Quest Diagnostics, Inc. | 35,659 | 2,372,393 |
Quidel Corp. * | 7,564 | 118,528 |
ResMed, Inc. | 37,200 | 2,117,052 |
SeaSpine Holdings Corp. * | 2,329 | 29,345 |
Sirona Dental Systems, Inc. *(d) | 14,025 | 1,551,076 |
St. Jude Medical, Inc. | 75,211 | 4,038,079 |
STERIS plc | 20,999 | 1,350,656 |
Stryker Corp. | 80,973 | 8,087,583 |
Surgical Care Affiliates, Inc. * | 7,277 | 294,937 |
Team Health Holdings, Inc. * | 16,803 | 748,910 |
Teleflex, Inc. | 11,625 | 1,660,282 |
Tenet Healthcare Corp. * | 34,440 | 854,801 |
The Cooper Cos., Inc. | 11,625 | 1,661,910 |
The Providence Service Corp. * | 5,918 | 281,164 |
The Spectranetics Corp. * | 10,084 | 142,991 |
Triple-S Management Corp., Class B * | 12,895 | 338,107 |
UnitedHealth Group, Inc. | 250,347 | 29,816,328 |
Universal American Corp. | 20,925 | 139,779 |
Security | Number of Shares | Value ($) |
Universal Health Services, Inc., Class B | 23,250 | 2,566,102 |
US Physical Therapy, Inc. | 5,818 | 294,914 |
Varian Medical Systems, Inc. * | 24,539 | 1,919,441 |
Vascular Solutions, Inc. * | 7,777 | 233,777 |
VCA, Inc. * | 20,925 | 1,067,803 |
Veeva Systems, Inc., Class A * | 19,937 | 484,270 |
WellCare Health Plans, Inc. * | 11,625 | 1,044,739 |
West Pharmaceutical Services, Inc. | 18,600 | 1,153,572 |
Wright Medical Group N.V. * | 29,336 | 501,352 |
Zeltiq Aesthetics, Inc. * | 9,784 | 225,326 |
Zimmer Biomet Holdings, Inc. | 44,322 | 4,290,813 |
277,996,593 | ||
Household & Personal Products 1.9% | ||
Avon Products, Inc. | 129,765 | 494,405 |
Central Garden & Pet Co., Class A * | 18,181 | 245,989 |
Church & Dwight Co., Inc. | 37,200 | 3,376,272 |
Colgate-Palmolive Co. | 235,182 | 15,437,346 |
Coty, Inc., Class A (a) | 21,595 | 615,025 |
Edgewell Personal Care Co. | 16,389 | 1,252,939 |
Energizer Holdings, Inc. | 16,389 | 638,188 |
Herbalife Ltd. *(a) | 16,032 | 877,752 |
HRG Group, Inc. * | 38,478 | 447,884 |
Kimberly-Clark Corp. | 96,099 | 12,521,700 |
Nu Skin Enterprises, Inc., Class A (a) | 16,275 | 496,225 |
Revlon, Inc., Class A * | 7,334 | 256,690 |
Spectrum Brands Holdings, Inc. | 7,878 | 754,476 |
The Clorox Co. | 32,697 | 4,133,555 |
The Estee Lauder Cos., Inc., Class A | 57,218 | 5,225,720 |
The Procter & Gamble Co. | 710,993 | 57,085,628 |
USANA Health Sciences, Inc. * | 1,800 | 202,896 |
WD-40 Co. | 2,721 | 293,868 |
104,356,558 | ||
Insurance 3.0% | ||
Aflac, Inc. | 111,119 | 6,613,803 |
Alleghany Corp. * | 3,464 | 1,607,227 |
Allied World Assurance Co. Holdings AG | 27,900 | 903,681 |
Ambac Financial Group, Inc. * | 11,730 | 179,117 |
American Equity Investment Life Holding Co. | 14,549 | 197,866 |
American Financial Group, Inc. | 19,146 | 1,284,314 |
American International Group, Inc. | 329,782 | 16,555,056 |
American National Insurance Co. | 2,452 | 249,295 |
AMERISAFE, Inc. | 4,656 | 239,784 |
AmTrust Financial Services, Inc. | 15,016 | 367,141 |
Aon plc | 70,669 | 6,734,049 |
Arch Capital Group Ltd. * | 33,568 | 2,280,610 |
Argo Group International Holdings Ltd. | 7,564 | 421,542 |
Arthur J. Gallagher & Co. | 38,382 | 1,529,523 |
Aspen Insurance Holdings Ltd. | 18,600 | 831,234 |
Assurant, Inc. | 19,202 | 1,365,262 |
Assured Guaranty Ltd. | 42,425 | 1,052,564 |
Axis Capital Holdings Ltd. | 26,344 | 1,414,936 |
Brown & Brown, Inc. | 30,225 | 976,570 |
Security | Number of Shares | Value ($) |
Chubb Ltd. | 121,529 | 14,040,245 |
Cincinnati Financial Corp. | 39,525 | 2,495,608 |
CNA Financial Corp. | 9,316 | 269,885 |
CNO Financial Group, Inc. | 58,533 | 1,020,230 |
Employers Holdings, Inc. | 9,300 | 258,168 |
Endurance Specialty Holdings Ltd. | 14,774 | 919,977 |
Enstar Group Ltd. * | 2,725 | 430,686 |
Erie Indemnity Co., Class A | 6,989 | 657,036 |
Everest Re Group Ltd. | 10,748 | 2,000,525 |
FBL Financial Group, Inc., Class A | 4,922 | 283,064 |
First American Financial Corp. | 27,900 | 1,033,137 |
FNF Group | 69,859 | 2,303,950 |
Genworth Financial, Inc., Class A * | 146,817 | 311,252 |
Greenlight Capital Re Ltd., Class A * | 6,975 | 149,265 |
Horace Mann Educators Corp. | 9,905 | 305,173 |
Infinity Property & Casualty Corp. | 2,325 | 173,817 |
Kemper Corp. | 13,950 | 374,976 |
Lincoln National Corp. | 66,169 | 2,417,154 |
Loews Corp. | 61,621 | 2,239,923 |
Maiden Holdings Ltd. | 11,990 | 143,520 |
Markel Corp. * | 3,585 | 3,071,305 |
Marsh & McLennan Cos., Inc. | 137,806 | 7,861,832 |
MBIA, Inc. * | 58,700 | 402,682 |
Mercury General Corp. | 9,300 | 488,994 |
MetLife, Inc. | 288,313 | 11,405,662 |
National Western Life Group, Inc., Class A | 1,100 | 236,071 |
Old Republic International Corp. | 60,594 | 1,078,573 |
PartnerRe Ltd. | 13,762 | 1,930,396 |
Primerica, Inc. | 11,625 | 490,459 |
Principal Financial Group, Inc. | 72,117 | 2,726,744 |
ProAssurance Corp. | 14,822 | 730,873 |
Prudential Financial, Inc. | 116,456 | 7,696,577 |
Reinsurance Group of America, Inc. | 18,600 | 1,675,860 |
RenaissanceRe Holdings Ltd. | 10,990 | 1,244,068 |
RLI Corp. | 9,300 | 583,761 |
Safety Insurance Group, Inc. | 4,650 | 257,191 |
Selective Insurance Group, Inc. | 13,950 | 468,441 |
StanCorp Financial Group, Inc. | 13,933 | 1,600,902 |
Stewart Information Services Corp. | 5,422 | 182,992 |
The Allstate Corp. | 103,380 | 6,560,495 |
The Hanover Insurance Group, Inc. | 10,228 | 848,413 |
The Hartford Financial Services Group, Inc. | 111,689 | 4,704,341 |
The Navigators Group, Inc. * | 2,331 | 188,764 |
The Progressive Corp. | 149,052 | 4,757,740 |
The Travelers Cos., Inc. | 80,301 | 8,633,964 |
Third Point Reinsurance Ltd. * | 29,096 | 321,511 |
Torchmark Corp. | 29,839 | 1,528,354 |
United Fire Group, Inc. | 4,856 | 195,794 |
Universal Insurance Holdings, Inc. (a) | 14,998 | 292,761 |
Unum Group | 67,813 | 1,934,705 |
Validus Holdings Ltd. | 23,489 | 1,054,891 |
W.R. Berkley Corp. | 28,044 | 1,444,266 |
White Mountains Insurance Group Ltd. | 1,412 | 1,082,806 |
Willis Towers Watson plc | 35,286 | 3,998,610 |
XL Group plc | 75,790 | 2,605,660 |
160,917,623 |
Security | Number of Shares | Value ($) |
Materials 3.1% | ||
A. Schulman, Inc. | 7,128 | 175,990 |
Air Products & Chemicals, Inc. | 51,085 | 6,767,230 |
Airgas, Inc. | 16,689 | 2,361,827 |
Albemarle Corp. | 28,868 | 1,622,959 |
Alcoa, Inc. | 350,153 | 3,126,866 |
Allegheny Technologies, Inc. | 37,428 | 501,909 |
AptarGroup, Inc. | 16,275 | 1,199,630 |
Ashland, Inc. | 15,834 | 1,508,822 |
Avery Dennison Corp. | 23,874 | 1,554,675 |
Axalta Coating Systems Ltd. * | 34,104 | 885,340 |
Axiall Corp. | 26,213 | 521,639 |
Balchem Corp. | 9,300 | 588,411 |
Ball Corp. | 35,241 | 2,334,011 |
Bemis Co., Inc. | 21,751 | 1,067,322 |
Berry Plastics Group, Inc. * | 30,702 | 955,753 |
Boise Cascade Co. * | 9,432 | 157,892 |
Cabot Corp. | 16,275 | 724,726 |
Calgon Carbon Corp. | 14,020 | 196,560 |
Carpenter Technology Corp. | 12,176 | 361,871 |
Celanese Corp., Series A | 37,584 | 2,267,819 |
CF Industries Holdings, Inc. | 63,584 | 2,318,273 |
Chemtura Corp. * | 37,932 | 957,024 |
Clearwater Paper Corp. * | 6,975 | 283,673 |
Commercial Metals Co. | 30,225 | 444,005 |
Compass Minerals International, Inc. | 9,300 | 630,912 |
Crown Holdings, Inc. * | 37,494 | 1,756,594 |
Deltic Timber Corp. | 2,553 | 144,551 |
Domtar Corp. | 18,600 | 654,534 |
E.I. du Pont de Nemours & Co. | 231,137 | 14,069,309 |
Eagle Materials, Inc. | 12,207 | 737,547 |
Eastman Chemical Co. | 39,525 | 2,535,529 |
Ecolab, Inc. | 70,533 | 7,233,159 |
Ferro Corp. * | 21,202 | 210,536 |
Flotek Industries, Inc. *(a) | 9,812 | 71,431 |
FMC Corp. | 34,922 | 1,314,464 |
Freeport-McMoRan, Inc. (a) | 364,035 | 2,777,587 |
GCP Applied Technologies, Inc. * | 19,271 | 341,675 |
Graphic Packaging Holding Co. | 83,819 | 1,033,488 |
Greif, Inc., Class A | 7,977 | 211,470 |
H.B. Fuller Co. | 11,867 | 456,761 |
Haynes International, Inc. | 4,650 | 143,220 |
Headwaters, Inc. * | 21,917 | 386,178 |
Hecla Mining Co. | 58,259 | 150,891 |
Huntsman Corp. | 51,938 | 564,047 |
Innophos Holdings, Inc. | 6,975 | 202,136 |
International Flavors & Fragrances, Inc. | 20,925 | 2,161,343 |
International Paper Co. | 106,516 | 3,802,621 |
Kaiser Aluminum Corp. | 4,650 | 356,237 |
KapStone Paper & Packaging Corp. | 23,290 | 238,490 |
Kraton Performance Polymers, Inc. * | 7,273 | 124,877 |
Louisiana-Pacific Corp. * | 34,875 | 554,164 |
LyondellBasell Industries N.V., Class A | 96,682 | 7,754,863 |
Martin Marietta Materials, Inc. | 17,351 | 2,474,600 |
Materion Corp. | 4,756 | 124,036 |
Mercer International, Inc. | 24,490 | 222,859 |
Security | Number of Shares | Value ($) |
Minerals Technologies, Inc. | 9,328 | 474,049 |
Monsanto Co. | 113,148 | 10,182,189 |
Myers Industries, Inc. | 9,300 | 111,879 |
Neenah Paper, Inc. | 2,778 | 168,236 |
NewMarket Corp. | 2,451 | 894,958 |
Newmont Mining Corp. | 132,681 | 3,427,150 |
Nucor Corp. | 79,556 | 3,129,733 |
Olin Corp. | 40,196 | 609,371 |
Owens-Illinois, Inc. * | 44,175 | 660,858 |
P.H. Glatfelter Co. | 9,744 | 178,997 |
Packaging Corp. of America | 25,575 | 1,240,387 |
Platform Specialty Products Corp. * | 42,564 | 301,779 |
PolyOne Corp. | 23,250 | 625,657 |
PPG Industries, Inc. | 71,094 | 6,862,704 |
Praxair, Inc. | 77,095 | 7,847,500 |
Quaker Chemical Corp. | 4,650 | 361,817 |
Reliance Steel & Aluminum Co. | 18,647 | 1,135,416 |
Resolute Forest Products, Inc. * | 46,660 | 239,366 |
Royal Gold, Inc. | 16,290 | 755,367 |
RPM International, Inc. | 34,875 | 1,424,644 |
Schnitzer Steel Industries, Inc., Class A | 17,213 | 251,998 |
Schweitzer-Mauduit International, Inc. | 9,300 | 281,046 |
Sealed Air Corp. | 49,094 | 2,245,069 |
Sensient Technologies Corp. | 13,950 | 801,846 |
Silgan Holdings, Inc. | 11,726 | 600,723 |
Sonoco Products Co. | 25,575 | 1,117,627 |
Steel Dynamics, Inc. | 55,800 | 1,015,002 |
Stepan Co. | 4,650 | 231,012 |
Stillwater Mining Co. * | 58,074 | 487,241 |
Summit Materials, Inc., Class A * | 14,148 | 258,342 |
The Chemours Co. | 66,524 | 341,268 |
The Dow Chemical Co. | 299,264 | 14,547,223 |
The Mosaic Co. | 84,269 | 2,245,769 |
The Scotts Miracle-Gro Co., Class A | 11,625 | 802,357 |
The Sherwin-Williams Co. | 20,389 | 5,515,224 |
The Valspar Corp. | 19,124 | 1,496,262 |
US Concrete, Inc. * | 5,418 | 291,218 |
Vulcan Materials Co. | 32,656 | 3,217,596 |
W.R. Grace & Co. * | 19,271 | 1,324,689 |
Westlake Chemical Corp. | 9,594 | 413,693 |
WestRock Co. | 65,303 | 2,205,282 |
Worthington Industries, Inc. | 16,307 | 507,311 |
167,154,191 | ||
Media 3.2% | ||
AMC Entertainment Holdings, Inc., Class A | 10,136 | 243,568 |
AMC Networks, Inc., Class A * | 16,275 | 1,066,663 |
Cable One, Inc. | 1,012 | 433,713 |
Cablevision Systems Corp., Class A | 54,139 | 1,761,142 |
Carmike Cinemas, Inc. * | 5,422 | 118,959 |
CBS Corp., Class B Non-Voting Shares | 117,650 | 5,691,907 |
Charter Communications, Inc., Class A *(a) | 19,974 | 3,586,531 |
Cinemark Holdings, Inc. | 27,900 | 923,490 |
Comcast Corp., Class A | 640,035 | 36,949,221 |
Security | Number of Shares | Value ($) |
Discovery Communications, Inc., Class A * | 37,630 | 940,750 |
Discovery Communications, Inc., Class C * | 69,782 | 1,720,126 |
DISH Network Corp., Class A * | 58,773 | 2,769,971 |
DreamWorks Animation SKG, Inc., Class A * | 24,530 | 629,440 |
Gannett Co., Inc. | 29,067 | 443,562 |
Global Eagle Entertainment, Inc. * | 23,540 | 211,625 |
Gray Television, Inc. * | 32,357 | 373,400 |
John Wiley & Sons, Inc., Class A | 12,025 | 523,448 |
Liberty Broadband Corp., Class A * | 5,910 | 297,214 |
Liberty Broadband Corp., Class C * | 15,176 | 764,415 |
Liberty Global plc LiLAC, Class A * | 3,464 | 117,603 |
Liberty Global plc LiLAC, Class C * | 14,552 | 533,913 |
Liberty Global plc, Class A * | 65,799 | 2,424,035 |
Liberty Global plc, Series C * | 156,002 | 5,609,832 |
Liberty Media Corp., Class A * | 18,740 | 667,519 |
Liberty Media Corp., Class C * | 59,427 | 2,074,002 |
Lions Gate Entertainment Corp. | 20,004 | 422,084 |
Live Nation Entertainment, Inc. * | 34,966 | 768,902 |
Media General, Inc. * | 34,462 | 572,758 |
Meredith Corp. | 11,625 | 505,571 |
MSG Networks, Inc., Class A * | 14,403 | 236,497 |
National CineMedia, Inc. | 16,303 | 243,730 |
New Media Investment Group, Inc. | 15,782 | 246,673 |
News Corp., Class A | 126,270 | 1,366,241 |
Omnicom Group, Inc. | 61,542 | 4,788,583 |
Regal Entertainment Group, Class A (a) | 20,925 | 412,013 |
Scholastic Corp. | 8,055 | 282,167 |
Scripps Networks Interactive, Inc., Class A | 26,461 | 1,567,550 |
Sinclair Broadcast Group, Inc., Class A | 17,426 | 537,941 |
Sirius XM Holdings, Inc. * | 577,860 | 2,149,639 |
Starz, Class A * | 19,615 | 494,102 |
TEGNA, Inc. | 58,467 | 1,440,627 |
The E.W. Scripps Co., Class A | 19,723 | 340,419 |
The Interpublic Group of Cos., Inc. | 111,635 | 2,387,873 |
The Madison Square Garden Co., Class A * | 4,801 | 744,155 |
The New York Times Co., Class A | 41,850 | 526,055 |
The Walt Disney Co. | 399,876 | 38,196,156 |
Time Warner Cable, Inc. | 73,641 | 14,055,121 |
Time Warner, Inc. | 210,663 | 13,945,891 |
Time, Inc. | 28,293 | 398,931 |
Tribune Media Co., Class A | 20,232 | 726,329 |
Twenty-First Century Fox, Inc., Class A | 314,832 | 8,506,761 |
Twenty-First Century Fox, Inc., Class B | 101,137 | 2,746,881 |
Viacom, Inc., Class A | 5,918 | 245,360 |
Viacom, Inc., Class B | 90,357 | 3,329,655 |
World Wrestling Entertainment, Inc., Class A (a) | 13,495 | 225,636 |
173,286,350 | ||
Pharmaceuticals, Biotechnology & Life Sciences 8.9% | ||
AbbVie, Inc. | 426,149 | 23,271,997 |
ACADIA Pharmaceuticals, Inc. * | 24,000 | 414,240 |
Security | Number of Shares | Value ($) |
Accelerate Diagnostics, Inc. *(a) | 16,216 | 195,078 |
Acceleron Pharma, Inc. * | 7,075 | 179,281 |
Achillion Pharmaceuticals, Inc. * | 30,790 | 227,538 |
Acorda Therapeutics, Inc. * | 14,498 | 474,230 |
Affymetrix, Inc. * | 19,024 | 267,097 |
Agilent Technologies, Inc. | 88,350 | 3,299,873 |
Agios Pharmaceuticals, Inc. *(a) | 4,684 | 179,631 |
Akorn, Inc. * | 22,802 | 606,305 |
Alder Biopharmaceuticals, Inc. * | 10,432 | 198,104 |
Alexion Pharmaceuticals, Inc. * | 58,501 | 8,236,941 |
Alkermes plc * | 37,268 | 1,202,638 |
Allergan plc * | 103,983 | 30,166,508 |
Alnylam Pharmaceuticals, Inc. * | 19,147 | 1,121,440 |
AMAG Pharmaceuticals, Inc. * | 5,166 | 135,762 |
Amgen, Inc. | 196,442 | 27,949,768 |
Amicus Therapeutics, Inc. * | 35,390 | 218,002 |
Anacor Pharmaceuticals, Inc. * | 10,252 | 653,873 |
Array BioPharma, Inc. * | 35,845 | 89,971 |
Atara Biotherapeutics, Inc. * | 6,168 | 101,402 |
Baxalta, Inc. | 153,113 | 5,897,913 |
Bio-Rad Laboratories, Inc., Class A * | 4,650 | 626,076 |
Bio-Techne Corp. | 9,300 | 798,312 |
BioCryst Pharmaceuticals, Inc. * | 16,691 | 33,215 |
Biogen, Inc. * | 59,140 | 15,342,099 |
BioMarin Pharmaceutical, Inc. * | 41,037 | 3,359,699 |
Bluebird Bio, Inc. * | 8,357 | 386,261 |
Bristol-Myers Squibb Co. | 437,436 | 27,090,411 |
Bruker Corp. * | 28,363 | 736,871 |
Cambrex Corp. * | 7,374 | 284,415 |
Catalent, Inc. * | 19,756 | 479,478 |
Celgene Corp. * | 204,810 | 20,650,992 |
Celldex Therapeutics, Inc. * | 27,261 | 185,375 |
Cempra, Inc. *(a) | 13,998 | 235,586 |
Cepheid, Inc. * | 27,449 | 814,686 |
Charles River Laboratories International, Inc. * | 11,919 | 875,212 |
Chimerix, Inc. * | 7,639 | 35,216 |
Clovis Oncology, Inc. * | 7,133 | 132,816 |
Depomed, Inc. * | 14,326 | 218,901 |
Dermira, Inc. * | 504 | 11,622 |
Dynavax Technologies Corp. * | 8,477 | 136,649 |
Eagle Pharmaceuticals, Inc. *(a) | 3,159 | 200,249 |
Eli Lilly & Co. | 253,445 | 18,248,040 |
Emergent BioSolutions, Inc. * | 11,720 | 396,488 |
Enanta Pharmaceuticals, Inc. * | 6,318 | 179,368 |
Endo International plc * | 56,124 | 2,346,544 |
Epizyme, Inc. * | 9,596 | 84,349 |
Esperion Therapeutics, Inc. *(a) | 5,618 | 83,652 |
Exact Sciences Corp. * | 21,728 | 109,292 |
Exelixis, Inc. *(a) | 108,218 | 393,914 |
FibroGen, Inc. * | 16,681 | 289,082 |
Genomic Health, Inc. * | 5,048 | 128,371 |
Gilead Sciences, Inc. | 376,591 | 32,857,565 |
Halozyme Therapeutics, Inc. * | 23,250 | 189,023 |
Heron Therapeutics, Inc. *(a) | 10,932 | 173,600 |
Horizon Pharma plc * | 35,885 | 615,787 |
Illumina, Inc. * | 38,363 | 5,763,657 |
ImmunoGen, Inc. * | 30,603 | 222,790 |
Impax Laboratories, Inc. * | 20,929 | 684,169 |
INC Research Holdings, Inc., Class A * | 6,168 | 244,746 |
Security | Number of Shares | Value ($) |
Incyte Corp. * | 44,901 | 3,300,223 |
Innoviva, Inc. (a) | 32,762 | 383,971 |
Insmed, Inc. * | 29,196 | 357,067 |
Insys Therapeutics, Inc. *(a) | 7,477 | 130,698 |
Intercept Pharmaceuticals, Inc. * | 4,705 | 524,043 |
Intra-Cellular Therapies, Inc. * | 7,607 | 213,909 |
Intrexon Corp. *(a) | 16,836 | 521,074 |
Ionis Pharmaceuticals, Inc. * | 30,320 | 1,047,859 |
Ironwood Pharmaceuticals, Inc. * | 31,468 | 303,666 |
Jazz Pharmaceuticals plc * | 14,873 | 1,808,259 |
Johnson & Johnson | 723,796 | 76,150,577 |
Juno Therapeutics, Inc. *(a) | 19,884 | 699,320 |
Keryx Biopharmaceuticals, Inc. *(a) | 58,875 | 236,678 |
Kite Pharma, Inc. *(a) | 9,808 | 438,614 |
Lannett Co., Inc. *(a) | 7,658 | 192,675 |
Lexicon Pharmaceuticals, Inc. *(a) | 10,554 | 98,574 |
Ligand Pharmaceuticals, Inc., Class B * | 5,578 | 514,738 |
Lion Biotechnologies, Inc. * | 25,617 | 142,943 |
Luminex Corp. * | 11,625 | 217,155 |
MacroGenics, Inc. * | 8,049 | 128,623 |
Mallinckrodt plc * | 28,959 | 1,883,204 |
Medivation, Inc. * | 44,849 | 1,604,249 |
Merck & Co., Inc. | 727,472 | 36,526,369 |
Merrimack Pharmaceuticals, Inc. * | 54,709 | 316,765 |
Mettler-Toledo International, Inc. * | 7,222 | 2,274,280 |
MiMedx Group, Inc. *(a) | 19,564 | 161,012 |
Momenta Pharmaceuticals, Inc. * | 11,911 | 100,112 |
Mylan N.V. * | 105,328 | 4,747,133 |
Myriad Genetics, Inc. * | 16,801 | 588,035 |
Nektar Therapeutics * | 34,875 | 389,554 |
Neurocrine Biosciences, Inc. * | 18,688 | 687,345 |
NewLink Genetics Corp. * | 7,875 | 165,690 |
Novavax, Inc. * | 91,262 | 397,902 |
Ophthotech Corp. * | 7,741 | 348,655 |
OPKO Health, Inc. *(a) | 70,351 | 654,264 |
Pacira Pharmaceuticals, Inc. * | 8,336 | 433,555 |
PAREXEL International Corp. * | 16,275 | 955,180 |
PDL BioPharma, Inc. | 46,500 | 139,965 |
PerkinElmer, Inc. | 27,101 | 1,280,793 |
Perrigo Co., plc | 37,824 | 4,775,280 |
Pfizer, Inc. | 1,618,747 | 48,028,223 |
Phibro Animal Health Corp., Class A | 7,777 | 215,112 |
Portola Pharmaceuticals, Inc. * | 17,293 | 487,144 |
PRA Health Sciences, Inc. * | 6,318 | 272,748 |
Prestige Brands Holdings, Inc. * | 11,918 | 582,790 |
Prothena Corp. plc * | 10,832 | 344,891 |
PTC Therapeutics, Inc. *(a) | 5,615 | 44,808 |
Puma Biotechnology, Inc. * | 5,543 | 248,216 |
Quintiles Transnational Holdings, Inc. * | 25,638 | 1,607,759 |
Radius Health, Inc. * | 8,837 | 258,924 |
Raptor Pharmaceutical Corp. * | 38,660 | 133,764 |
Regeneron Pharmaceuticals, Inc. * | 20,473 | 7,862,041 |
Relypsa, Inc. *(a) | 12,315 | 163,297 |
Repligen Corp. * | 13,215 | 340,022 |
Retrophin, Inc. * | 10,088 | 143,552 |
Revance Therapeutics, Inc. * | 8,977 | 158,758 |
Sage Therapeutics, Inc. * | 4,818 | 141,649 |
Sangamo BioSciences, Inc. * | 33,862 | 177,437 |
Sarepta Therapeutics, Inc. * | 14,082 | 193,064 |
Security | Number of Shares | Value ($) |
SciClone Pharmaceuticals, Inc. * | 3,323 | 32,964 |
Seattle Genetics, Inc. * | 28,619 | 864,008 |
Spark Therapeutics, Inc. *(a) | 5,918 | 188,547 |
Sucampo Pharmaceuticals, Inc., Class A * | 10,536 | 138,548 |
Supernus Pharmaceuticals, Inc. * | 13,395 | 167,973 |
Synergy Pharmaceuticals, Inc. *(a) | 43,378 | 135,339 |
TESARO, Inc. * | 4,936 | 199,711 |
The Medicines Co. * | 13,992 | 449,983 |
TherapeuticsMD, Inc. * | 36,245 | 221,457 |
Theravance Biopharma, Inc. * | 5,085 | 79,936 |
Thermo Fisher Scientific, Inc. | 106,440 | 13,750,984 |
Ultragenyx Pharmaceutical, Inc. * | 11,756 | 716,998 |
United Therapeutics Corp. * | 11,837 | 1,443,404 |
Vertex Pharmaceuticals, Inc. * | 63,097 | 5,394,163 |
Waters Corp. * | 21,067 | 2,534,571 |
ZIOPHARM Oncology, Inc. *(a) | 54,021 | 424,605 |
Zoetis, Inc. | 119,990 | 4,926,789 |
479,646,357 | ||
Real Estate 4.3% | ||
Acadia Realty Trust | 18,741 | 619,390 |
AG Mortgage Investment Trust, Inc. | 16,813 | 207,304 |
Agree Realty Corp. | 9,536 | 353,309 |
Alexander & Baldwin, Inc. | 11,625 | 389,670 |
Alexander's, Inc. | 1,299 | 499,894 |
Alexandria Real Estate Equities, Inc. | 19,064 | 1,509,106 |
Altisource Residential Corp. | 28,062 | 263,222 |
American Assets Trust, Inc. | 19,315 | 716,393 |
American Campus Communities, Inc. | 35,945 | 1,573,313 |
American Capital Agency Corp. | 98,166 | 1,773,860 |
American Capital Mortgage Investment Corp. | 16,425 | 226,994 |
American Homes 4 Rent, Class A | 52,344 | 732,816 |
American Residential Properties, Inc. | 16,613 | 263,981 |
American Tower Corp. | 109,320 | 10,079,304 |
Annaly Capital Management, Inc. | 234,961 | 2,380,155 |
Anworth Mortgage Asset Corp. | 37,936 | 178,299 |
Apartment Investment & Management Co., Class A | 37,206 | 1,362,112 |
Apollo Commercial Real Estate Finance, Inc. | 29,188 | 450,955 |
Apollo Residential Mortgage, Inc. | 19,872 | 256,349 |
Apple Hospitality REIT, Inc. (a) | 42,662 | 811,005 |
ARMOUR Residential REIT, Inc. | 18,764 | 361,207 |
Ashford Hospitality Trust, Inc. | 18,600 | 102,858 |
AvalonBay Communities, Inc. | 37,363 | 6,412,985 |
Blackstone Mortgage Trust, Inc., Class A | 24,071 | 595,517 |
Boston Properties, Inc. | 39,525 | 4,511,383 |
Brandywine Realty Trust | 39,525 | 486,553 |
Brixmor Property Group, Inc. | 45,006 | 1,054,491 |
Camden Property Trust | 20,925 | 1,563,934 |
Capstead Mortgage Corp. | 27,900 | 270,909 |
Care Capital Properties, Inc. | 20,497 | 543,375 |
CareTrust REIT, Inc. | 2,561 | 29,170 |
CBL & Associates Properties, Inc. | 44,175 | 509,338 |
CBRE Group, Inc., Class A * | 76,942 | 1,955,096 |
Security | Number of Shares | Value ($) |
Cedar Realty Trust, Inc. | 7,229 | 49,374 |
Chatham Lodging Trust | 12,495 | 250,650 |
Chesapeake Lodging Trust | 17,131 | 435,299 |
Chimera Investment Corp. | 50,016 | 651,708 |
Colony Capital, Inc., Class A | 33,018 | 541,495 |
Colony Starwood Homes | 10,001 | 219,622 |
Columbia Property Trust, Inc. | 30,854 | 625,411 |
Communications Sales & Leasing, Inc. * | 29,795 | 561,636 |
CoreSite Realty Corp. | 9,236 | 595,353 |
Corporate Office Properties Trust | 19,136 | 447,782 |
Corrections Corp. of America | 30,613 | 885,634 |
Cousins Properties, Inc. | 60,960 | 527,914 |
Crown Castle International Corp. | 86,758 | 7,504,567 |
CubeSmart | 47,496 | 1,420,130 |
CyrusOne, Inc. | 25,597 | 1,014,665 |
CYS Investments, Inc. | 40,462 | 317,222 |
DCT Industrial Trust, Inc. | 19,438 | 703,461 |
DDR Corp. | 79,181 | 1,324,698 |
DiamondRock Hospitality Co. | 48,863 | 434,881 |
Digital Realty Trust, Inc. | 38,979 | 3,082,070 |
Douglas Emmett, Inc. | 32,550 | 873,642 |
Duke Realty Corp. | 94,147 | 1,946,960 |
DuPont Fabros Technology, Inc. | 16,275 | 580,204 |
EastGroup Properties, Inc. | 9,300 | 504,339 |
Education Realty Trust, Inc. | 20,288 | 804,419 |
Empire State Realty Trust, Inc., Class A | 21,022 | 329,625 |
EPR Properties | 15,754 | 980,371 |
Equinix, Inc. | 17,601 | 5,345,248 |
Equity Commonwealth * | 30,944 | 824,039 |
Equity LifeStyle Properties, Inc. | 23,250 | 1,631,220 |
Equity One, Inc. | 21,653 | 593,509 |
Equity Residential | 95,117 | 7,085,265 |
Essex Property Trust, Inc. | 16,472 | 3,447,260 |
Extra Space Storage, Inc. | 32,009 | 2,629,539 |
Federal Realty Investment Trust | 17,675 | 2,616,960 |
FelCor Lodging Trust, Inc. | 32,550 | 240,870 |
First Industrial Realty Trust, Inc. | 23,250 | 500,340 |
First Potomac Realty Trust | 11,472 | 97,053 |
Forest City Realty Trust, Inc., Class A * | 54,677 | 1,019,726 |
Forestar Group, Inc. * | 11,839 | 115,430 |
Four Corners Property Trust, Inc. | 11,625 | 190,766 |
Franklin Street Properties Corp. | 38,872 | 369,673 |
Gaming & Leisure Properties, Inc. | 24,117 | 631,624 |
General Growth Properties, Inc. | 168,016 | 4,623,800 |
Getty Realty Corp. | 1,624 | 29,541 |
Global Net Lease, Inc. | 83,788 | 647,681 |
Government Properties Income Trust | 18,988 | 281,782 |
Gramercy Property Trust | 112,428 | 848,831 |
Hatteras Financial Corp. | 23,850 | 327,938 |
HCP, Inc. | 119,388 | 3,531,497 |
Healthcare Realty Trust, Inc. | 21,231 | 615,911 |
Healthcare Trust of America, Inc., Class A | 30,339 | 843,728 |
Hersha Hospitality Trust | 16,490 | 331,944 |
Highwoods Properties, Inc. | 25,811 | 1,124,069 |
Hospitality Properties Trust | 38,266 | 929,098 |
Host Hotels & Resorts, Inc. | 189,405 | 2,899,791 |
Hudson Pacific Properties, Inc. | 23,604 | 601,902 |
Security | Number of Shares | Value ($) |
InfraREIT, Inc. * | 9,388 | 198,275 |
Inland Real Estate Corp. | 46,584 | 493,790 |
Invesco Mortgage Capital, Inc. | 37,384 | 422,813 |
Investors Real Estate Trust | 55,093 | 338,271 |
Iron Mountain, Inc. | 52,133 | 1,531,668 |
iStar, Inc. * | 18,624 | 157,559 |
Jones Lang LaSalle, Inc. | 11,625 | 1,186,564 |
Kennedy-Wilson Holdings, Inc. | 25,354 | 482,233 |
Kilroy Realty Corp. | 21,811 | 1,183,683 |
Kimco Realty Corp. | 104,625 | 2,798,719 |
Kite Realty Group Trust | 21,239 | 571,754 |
Ladder Capital Corp., Class A | 19,009 | 196,553 |
Lamar Advertising Co., Class A | 21,617 | 1,234,979 |
LaSalle Hotel Properties | 26,347 | 641,549 |
Lexington Realty Trust | 46,514 | 360,018 |
Liberty Property Trust | 37,448 | 1,081,498 |
Mack-Cali Realty Corp. | 22,123 | 440,248 |
Marcus & Millichap, Inc. * | 6,018 | 134,141 |
Medical Properties Trust, Inc. | 52,788 | 610,757 |
MFA Financial, Inc. | 90,675 | 617,497 |
Mid-America Apartment Communities, Inc. | 20,158 | 1,813,011 |
Monmouth Real Estate Investment Corp., Class A | 17,173 | 190,277 |
Monogram Residential Trust, Inc. | 68,187 | 619,138 |
National Health Investors, Inc. | 7,200 | 452,952 |
National Retail Properties, Inc. | 30,894 | 1,358,718 |
New Residential Investment Corp. | 59,724 | 699,368 |
New Senior Investment Group, Inc. | 44,277 | 429,044 |
New York Mortgage Trust, Inc. | 20,964 | 87,630 |
New York REIT, Inc. | 77,787 | 746,755 |
NorthStar Realty Europe Corp. | 14,980 | 146,205 |
NorthStar Realty Finance Corp. | 45,175 | 564,236 |
Omega Healthcare Investors, Inc. | 54,123 | 1,735,183 |
One Liberty Properties, Inc. | 7,073 | 150,160 |
Outfront Media, Inc. | 33,902 | 693,296 |
Paramount Group, Inc. | 37,842 | 572,171 |
Pebblebrook Hotel Trust | 19,718 | 535,541 |
Pennsylvania Real Estate Investment Trust | 16,275 | 311,829 |
PennyMac Mortgage Investment Trust | 22,369 | 294,376 |
Piedmont Office Realty Trust, Inc., Class A | 46,500 | 854,205 |
Post Properties, Inc. | 13,950 | 777,433 |
Potlatch Corp. | 11,625 | 307,365 |
Prologis, Inc. | 139,674 | 5,371,862 |
PS Business Parks, Inc. | 4,928 | 452,440 |
Public Storage | 39,100 | 9,755,059 |
QTS Realty Trust, Inc., Class A | 7,949 | 353,889 |
Rayonier, Inc. | 32,550 | 710,566 |
Realogy Holdings Corp. * | 38,087 | 1,217,641 |
Realty Income Corp. | 66,298 | 3,881,085 |
Redwood Trust, Inc. | 25,575 | 304,087 |
Regency Centers Corp. | 23,250 | 1,640,985 |
Resource Capital Corp. (a) | 7,177 | 79,593 |
Retail Opportunity Investments Corp. | 21,699 | 398,828 |
Retail Properties of America, Inc., Class A | 60,930 | 895,062 |
Rexford Industrial Realty, Inc. | 21,231 | 357,742 |
RLJ Lodging Trust | 35,928 | 753,410 |
Security | Number of Shares | Value ($) |
Rouse Properties, Inc. | 7,093 | 129,376 |
Ryman Hospitality Properties, Inc. | 12,374 | 592,343 |
Sabra Health Care REIT, Inc. | 31,763 | 632,560 |
Saul Centers, Inc. | 2,680 | 131,266 |
Senior Housing Properties Trust | 66,073 | 1,031,400 |
Seritage Growth Properties, Class A (a) | 7,249 | 299,819 |
Silver Bay Realty Trust Corp. | 10,385 | 142,794 |
Simon Property Group, Inc. | 81,315 | 15,427,895 |
SL Green Realty Corp. | 23,950 | 2,111,911 |
Sovran Self Storage, Inc. | 9,899 | 1,053,650 |
Spirit Realty Capital, Inc. | 104,905 | 1,121,434 |
STAG Industrial, Inc. | 18,664 | 327,740 |
Starwood Property Trust, Inc. | 60,829 | 1,066,941 |
STORE Capital Corp. | 14,450 | 348,968 |
Summit Hotel Properties, Inc. | 24,130 | 260,845 |
Sun Communities, Inc. | 15,805 | 1,067,312 |
Sunstone Hotel Investors, Inc. | 49,201 | 634,693 |
Tanger Factory Outlet Centers, Inc. | 23,455 | 752,436 |
Taubman Centers, Inc. | 16,275 | 1,152,595 |
Terreno Realty Corp. | 13,395 | 296,565 |
The Geo Group, Inc. | 20,997 | 609,753 |
The Howard Hughes Corp. * | 8,475 | 786,395 |
The Macerich Co. | 34,875 | 2,757,915 |
The St. Joe Co. * | 25,575 | 388,996 |
Two Harbors Investment Corp. | 88,934 | 689,239 |
UDR, Inc. | 63,128 | 2,167,184 |
Universal Health Realty Income Trust | 4,650 | 241,056 |
Urban Edge Properties | 42,264 | 1,027,860 |
Urstadt Biddle Properties, Inc., Class A | 8,373 | 165,534 |
Ventas, Inc. | 82,963 | 4,618,550 |
VEREIT, Inc. | 228,654 | 1,833,805 |
Vornado Realty Trust | 44,455 | 3,839,134 |
Washington Real Estate Investment Trust | 16,275 | 421,034 |
Weingarten Realty Investors | 32,550 | 1,146,736 |
Welltower, Inc. | 95,353 | 6,081,614 |
Western Asset Mortgage Capital Corp. (a) | 10,416 | 112,597 |
Weyerhaeuser Co. | 209,908 | 5,453,410 |
Whitestone REIT | 5,790 | 64,964 |
WP Carey, Inc. | 23,446 | 1,329,154 |
WP Glimcher, Inc. | 46,858 | 404,853 |
Xenia Hotels & Resorts, Inc. | 29,254 | 448,171 |
232,997,622 | ||
Retailing 5.2% | ||
Aaron's, Inc. | 20,925 | 481,066 |
Abercrombie & Fitch Co., Class A | 20,064 | 582,859 |
Advance Auto Parts, Inc. | 18,614 | 2,763,062 |
Amazon.com, Inc. * | 100,463 | 55,507,817 |
American Eagle Outfitters, Inc. | 49,606 | 756,988 |
Asbury Automotive Group, Inc. * | 7,301 | 426,378 |
Ascena Retail Group, Inc. * | 46,741 | 394,961 |
AutoNation, Inc. * | 16,333 | 840,660 |
AutoZone, Inc. * | 7,895 | 6,115,230 |
Barnes & Noble Education, Inc. * | 6,045 | 64,561 |
Barnes & Noble, Inc. | 9,865 | 95,691 |
Bed Bath & Beyond, Inc. * | 43,624 | 2,091,771 |
Security | Number of Shares | Value ($) |
Best Buy Co., Inc. | 76,019 | 2,462,255 |
Big Lots, Inc. | 16,403 | 663,501 |
Blue Nile, Inc. | 2,578 | 67,183 |
Burlington Stores, Inc. * | 20,730 | 1,162,124 |
Cabela's, Inc. * | 11,907 | 571,298 |
Caleres, Inc. | 13,962 | 395,683 |
CarMax, Inc. * | 53,276 | 2,464,548 |
Chico's FAS, Inc. | 46,500 | 593,340 |
Conn's, Inc. *(a) | 10,232 | 173,637 |
Core-Mark Holding Co., Inc. | 4,650 | 342,380 |
CST Brands, Inc. | 19,301 | 626,124 |
Dick's Sporting Goods, Inc. | 23,650 | 1,004,416 |
Dillard's, Inc., Class A | 5,234 | 438,033 |
Dollar General Corp. | 77,051 | 5,721,037 |
Dollar Tree, Inc. * | 61,615 | 4,944,604 |
DSW, Inc., Class A | 19,030 | 498,586 |
Expedia, Inc. | 31,141 | 3,242,090 |
Express, Inc. * | 21,417 | 369,015 |
Five Below, Inc. * | 16,728 | 641,519 |
Foot Locker, Inc. | 40,054 | 2,503,375 |
Francesca's Holdings Corp. * | 5,350 | 96,728 |
Fred's, Inc., Class A | 3,767 | 53,830 |
FTD Cos., Inc. * | 9,436 | 219,387 |
GameStop Corp., Class A (a) | 30,613 | 943,493 |
Genesco, Inc. * | 6,975 | 460,211 |
Genuine Parts Co. | 39,525 | 3,563,179 |
GNC Holdings, Inc., Class A | 24,136 | 687,393 |
Group 1 Automotive, Inc. | 6,975 | 388,926 |
Groupon, Inc. * | 149,987 | 716,938 |
Guess?, Inc. | 17,275 | 368,821 |
Haverty Furniture Cos., Inc. | 11,614 | 225,776 |
Hibbett Sports, Inc. * | 5,244 | 186,162 |
HSN, Inc. | 14,860 | 788,917 |
J.C. Penney Co., Inc. *(a) | 82,094 | 837,359 |
Kohl's Corp. | 47,984 | 2,239,413 |
L Brands, Inc. | 67,124 | 5,691,444 |
Lands' End, Inc. *(a) | 9,936 | 239,060 |
Liberty Interactive Corp. QVC Group, Class A * | 119,758 | 3,039,458 |
Liberty TripAdvisor Holdings, Inc., Class A * | 18,772 | 382,761 |
Liberty Ventures, Series A * | 35,525 | 1,303,412 |
Lithia Motors, Inc., Class A | 7,433 | 689,188 |
LKQ Corp. * | 74,800 | 2,064,480 |
Lowe's Cos., Inc. | 239,236 | 16,155,607 |
Lumber Liquidators Holdings, Inc. *(a) | 17,289 | 195,884 |
Macy's, Inc. | 85,363 | 3,688,535 |
Mattress Firm Holding Corp. *(a) | 3,496 | 157,425 |
Monro Muffler Brake, Inc. | 7,185 | 491,238 |
Murphy USA, Inc. * | 11,899 | 757,847 |
Netflix, Inc. * | 112,767 | 10,533,565 |
Nordstrom, Inc. (a) | 32,675 | 1,676,881 |
Nutrisystem, Inc. | 10,036 | 204,233 |
O'Reilly Automotive, Inc. * | 25,788 | 6,713,132 |
Office Depot, Inc. * | 177,412 | 901,253 |
Outerwall, Inc. (a) | 7,048 | 219,827 |
Penske Automotive Group, Inc. | 9,654 | 364,149 |
Pier 1 Imports, Inc. | 30,592 | 151,124 |
Pool Corp. | 10,484 | 841,551 |
Rent-A-Center, Inc. | 14,215 | 181,526 |
Security | Number of Shares | Value ($) |
Restoration Hardware Holdings, Inc. * | 7,135 | 271,059 |
Ross Stores, Inc. | 112,042 | 6,160,069 |
Sally Beauty Holdings, Inc. * | 39,525 | 1,248,200 |
Sears Holdings Corp. *(a) | 19,464 | 340,036 |
Signet Jewelers Ltd. | 23,308 | 2,526,587 |
Sonic Automotive, Inc., Class A | 11,635 | 222,810 |
Staples, Inc. | 167,683 | 1,584,604 |
Target Corp. | 161,483 | 12,668,341 |
The Buckle, Inc. | 6,975 | 221,805 |
The Cato Corp., Class A | 6,994 | 253,183 |
The Finish Line, Inc., Class A | 18,481 | 336,724 |
The Gap, Inc. | 55,193 | 1,526,086 |
The Home Depot, Inc. | 329,977 | 40,956,745 |
The Michaels Cos., Inc. * | 21,747 | 506,705 |
The Priceline Group, Inc. * | 12,869 | 16,281,988 |
The TJX Cos., Inc. | 177,194 | 13,130,075 |
Tiffany & Co. | 30,272 | 1,967,075 |
Tractor Supply Co. | 34,034 | 2,878,255 |
TripAdvisor, Inc. * | 27,974 | 1,751,172 |
Ulta Salon, Cosmetics & Fragrance, Inc. * | 16,275 | 2,688,467 |
Urban Outfitters, Inc. * | 28,242 | 748,131 |
Vitamin Shoppe, Inc. * | 9,300 | 256,587 |
Wayfair, Inc., Class A *(a) | 8,277 | 322,555 |
Williams-Sonoma, Inc. | 21,319 | 1,110,933 |
277,384,097 | ||
Semiconductors & Semiconductor Equipment 2.6% | ||
Advanced Energy Industries, Inc. * | 7,534 | 224,739 |
Advanced Micro Devices, Inc. *(a) | 228,934 | 489,919 |
Amkor Technology, Inc. * | 35,135 | 177,783 |
Analog Devices, Inc. | 79,728 | 4,224,787 |
Applied Materials, Inc. | 300,852 | 5,677,077 |
Applied Micro Circuits Corp. * | 18,191 | 105,144 |
Atmel Corp. | 116,250 | 939,300 |
Broadcom Ltd. | 101,782 | 13,635,735 |
Brooks Automation, Inc. | 18,600 | 181,350 |
Cabot Microelectronics Corp. * | 6,975 | 268,259 |
Cavium, Inc. * | 20,202 | 1,201,817 |
CEVA, Inc. * | 2,839 | 55,673 |
Cirrus Logic, Inc. * | 18,701 | 658,836 |
Cree, Inc. * | 29,512 | 936,711 |
Cypress Semiconductor Corp. * | 82,123 | 655,342 |
Diodes, Inc. * | 9,300 | 178,002 |
Entegris, Inc. * | 34,875 | 431,055 |
Fairchild Semiconductor International, Inc. * | 30,819 | 618,229 |
First Solar, Inc. * | 22,195 | 1,595,155 |
FormFactor, Inc. * | 5,222 | 39,687 |
Inphi Corp. * | 11,036 | 279,211 |
Integrated Device Technology, Inc. * | 35,439 | 688,225 |
Intel Corp. | 1,233,586 | 36,501,810 |
Intersil Corp., Class A | 35,401 | 452,071 |
KLA-Tencor Corp. | 40,109 | 2,716,984 |
Kulicke & Soffa Industries, Inc. * | 20,925 | 236,453 |
Lam Research Corp. | 42,953 | 3,148,455 |
Lattice Semiconductor Corp. * | 28,624 | 181,190 |
Linear Technology Corp. | 58,278 | 2,542,086 |
M/A-COM Technology Solutions Holdings, Inc. * | 8,877 | 336,438 |
Security | Number of Shares | Value ($) |
Marvell Technology Group Ltd. | 137,366 | 1,311,845 |
Maxim Integrated Products, Inc. | 74,494 | 2,522,367 |
Microchip Technology, Inc. | 55,800 | 2,482,542 |
Micron Technology, Inc. * | 283,448 | 3,013,052 |
Microsemi Corp. * | 30,371 | 1,051,748 |
MKS Instruments, Inc. | 13,950 | 458,955 |
Monolithic Power Systems, Inc. | 7,433 | 438,993 |
NVIDIA Corp. | 131,404 | 4,120,829 |
ON Semiconductor Corp. * | 111,600 | 936,324 |
Photronics, Inc. * | 29,408 | 299,079 |
Qorvo, Inc. * | 39,692 | 1,789,315 |
QUALCOMM, Inc. | 391,970 | 19,908,156 |
Rambus, Inc. * | 27,900 | 363,537 |
Rudolph Technologies, Inc. * | 2,567 | 33,268 |
Silicon Laboratories, Inc. * | 11,625 | 479,531 |
Skyworks Solutions, Inc. | 48,825 | 3,244,421 |
SunEdison Semiconductor Ltd. * | 21,831 | 149,106 |
SunEdison, Inc. *(a) | 95,140 | 188,377 |
SunPower Corp. *(a) | 18,997 | 448,709 |
Synaptics, Inc. * | 9,300 | 755,253 |
Teradyne, Inc. | 60,398 | 1,152,394 |
Tessera Technologies, Inc. | 13,950 | 411,246 |
Texas Instruments, Inc. | 260,673 | 13,820,883 |
Ultratech, Inc. * | 1,032 | 20,929 |
Veeco Instruments, Inc. * | 9,447 | 175,242 |
Xilinx, Inc. | 68,533 | 3,236,128 |
142,189,752 | ||
Software & Services 11.8% | ||
Accenture plc, Class A | 160,878 | 16,129,628 |
ACI Worldwide, Inc. * | 28,470 | 531,250 |
Activision Blizzard, Inc. | 133,711 | 4,234,627 |
Actua Corp. * | 9,792 | 79,609 |
Acxiom Corp. * | 23,250 | 482,205 |
Adobe Systems, Inc. * | 130,647 | 11,124,592 |
Akamai Technologies, Inc. * | 46,500 | 2,509,605 |
Alliance Data Systems Corp. * | 15,266 | 3,207,845 |
Alphabet, Inc., Class A * | 76,425 | 54,813,538 |
Alphabet, Inc., Class C * | 77,707 | 54,221,613 |
Amdocs Ltd. | 40,113 | 2,276,814 |
ANSYS, Inc. * | 23,397 | 1,942,419 |
Aspen Technology, Inc. * | 23,403 | 771,597 |
Autodesk, Inc. * | 58,125 | 3,007,387 |
Automatic Data Processing, Inc. | 123,419 | 10,452,355 |
Bankrate, Inc. * | 14,828 | 113,582 |
Barracuda Networks, Inc. * | 9,836 | 126,491 |
Black Knight Financial Services, Inc., Class A * | 7,777 | 227,944 |
Blackbaud, Inc. | 11,809 | 667,563 |
Blackhawk Network Holdings, Inc. * | 9,970 | 337,385 |
Blucora, Inc. * | 19,572 | 120,368 |
Booz Allen Hamilton Holding Corp. | 28,465 | 785,634 |
Bottomline Technologies (DE), Inc. * | 11,625 | 327,941 |
Broadridge Financial Solutions, Inc. | 32,571 | 1,828,210 |
BroadSoft, Inc. * | 12,105 | 446,553 |
CA, Inc. | 86,478 | 2,532,941 |
CACI International, Inc., Class A * | 6,975 | 673,925 |
Cadence Design Systems, Inc. * | 77,541 | 1,671,009 |
Callidus Software, Inc. * | 15,616 | 214,408 |
Cardtronics, Inc. * | 11,625 | 391,995 |
Cass Information Systems, Inc. | 2,565 | 127,891 |
Security | Number of Shares | Value ($) |
CDK Global, Inc. | 40,605 | 1,822,758 |
Citrix Systems, Inc. * | 41,997 | 2,967,088 |
Cognizant Technology Solutions Corp., Class A * | 156,315 | 8,906,829 |
CommVault Systems, Inc. * | 16,381 | 613,796 |
Computer Sciences Corp. | 39,525 | 1,138,715 |
comScore, Inc. * | 10,775 | 443,391 |
Convergys Corp. | 32,550 | 839,139 |
CoreLogic, Inc. * | 26,016 | 899,893 |
Cornerstone OnDemand, Inc. * | 18,952 | 545,818 |
CoStar Group, Inc. * | 8,175 | 1,447,465 |
CSG Systems International, Inc. | 9,300 | 353,028 |
CSRA, Inc. | 39,525 | 1,025,674 |
Cvent, Inc. * | 4,676 | 91,322 |
Demandware, Inc. * | 7,214 | 250,254 |
DHI Group, Inc. * | 13,968 | 108,671 |
DST Systems, Inc. | 9,300 | 972,594 |
EarthLink Holdings Corp. | 44,433 | 250,602 |
eBay, Inc. * | 288,733 | 6,871,845 |
Ebix, Inc. (a) | 9,732 | 360,376 |
Electronic Arts, Inc. * | 79,734 | 5,122,112 |
Ellie Mae, Inc. * | 5,694 | 479,036 |
Endurance International Group Holdings, Inc. * | 16,947 | 190,484 |
Envestnet, Inc. * | 7,431 | 152,410 |
EPAM Systems, Inc. * | 12,605 | 861,930 |
Epiq Systems, Inc. | 2,867 | 39,221 |
Euronet Worldwide, Inc. * | 13,950 | 914,283 |
EVERTEC, Inc. | 23,047 | 274,259 |
ExlService Holdings, Inc. * | 6,975 | 328,453 |
Facebook, Inc., Class A * | 593,059 | 63,409,868 |
Fair Isaac Corp. | 7,431 | 739,533 |
Fidelity National Information Services, Inc. | 77,165 | 4,494,861 |
FireEye, Inc. * | 52,477 | 888,960 |
First Data Corp., Class A * | 48,460 | 605,750 |
Fiserv, Inc. * | 63,339 | 6,057,109 |
FleetCor Technologies, Inc. * | 18,761 | 2,395,592 |
Fortinet, Inc. * | 32,628 | 926,635 |
Gartner, Inc. * | 23,250 | 1,915,800 |
Genpact Ltd. * | 33,003 | 872,269 |
Gigamon, Inc. * | 6,360 | 174,073 |
Global Payments, Inc. | 34,318 | 2,091,682 |
GoDaddy, Inc., Class A * | 12,020 | 376,827 |
Gogo, Inc. *(a) | 16,401 | 178,443 |
GrubHub, Inc. *(a) | 21,579 | 507,970 |
GTT Communications, Inc. * | 12,095 | 178,764 |
Guidewire Software, Inc. * | 23,461 | 1,154,985 |
Heartland Payment Systems, Inc. | 7,574 | 708,320 |
Hortonworks, Inc. *(a) | 10,836 | 125,156 |
HubSpot, Inc. * | 752 | 31,328 |
IAC/InterActiveCorp | 20,925 | 929,488 |
Imperva, Inc. * | 7,439 | 326,349 |
Infoblox, Inc. * | 12,240 | 189,475 |
Interactive Intelligence Group, Inc. * | 7,777 | 232,766 |
Internap Corp. * | 10,358 | 26,413 |
International Business Machines Corp. | 233,148 | 30,549,382 |
Intralinks Holdings, Inc. * | 28,708 | 223,061 |
Intuit, Inc. | 72,089 | 6,966,681 |
j2 Global, Inc. | 11,746 | 858,398 |
Jack Henry & Associates, Inc. | 23,250 | 1,912,080 |
Security | Number of Shares | Value ($) |
Leidos Holdings, Inc. | 17,167 | 741,958 |
LinkedIn Corp., Class A * | 29,446 | 3,450,777 |
LogMeIn, Inc. * | 5,104 | 259,794 |
Manhattan Associates, Inc. * | 18,157 | 1,003,356 |
ManTech International Corp., Class A | 11,770 | 342,860 |
Marketo, Inc. * | 8,439 | 142,366 |
MasterCard, Inc., Class A | 256,206 | 22,269,426 |
MAXIMUS, Inc. | 14,788 | 727,126 |
Mentor Graphics Corp. | 24,162 | 461,494 |
Microsoft Corp. | 2,086,003 | 106,135,833 |
MicroStrategy, Inc., Class A * | 2,325 | 374,069 |
Monotype Imaging Holdings, Inc. | 9,300 | 220,782 |
Monster Worldwide, Inc. * | 46,760 | 139,345 |
NetSuite, Inc. * | 9,835 | 594,231 |
NeuStar, Inc., Class A *(a) | 14,064 | 349,772 |
New Relic, Inc. * | 7,477 | 199,038 |
Nuance Communications, Inc. * | 73,198 | 1,428,093 |
Oracle Corp. | 834,520 | 30,693,646 |
Pandora Media, Inc. * | 64,554 | 659,742 |
Paychex, Inc. | 83,700 | 4,301,343 |
Paycom Software, Inc. * | 11,643 | 371,179 |
Paylocity Holding Corp. * | 7,877 | 233,317 |
PayPal Holdings, Inc. * | 288,733 | 11,012,277 |
Pegasystems, Inc. | 9,544 | 232,396 |
Perficient, Inc. * | 16,643 | 300,406 |
Progress Software Corp. * | 14,428 | 363,874 |
Proofpoint, Inc. * | 10,115 | 473,787 |
PROS Holdings, Inc. * | 5,156 | 56,664 |
PTC, Inc. * | 30,452 | 941,271 |
Q2 Holdings, Inc. * | 9,436 | 191,268 |
Qlik Technologies, Inc. * | 22,082 | 512,744 |
Qualys, Inc. * | 8,063 | 201,333 |
Quotient Technology, Inc. *(a) | 28,708 | 249,760 |
Rackspace Hosting, Inc. * | 27,900 | 600,687 |
RealPage, Inc. * | 17,275 | 346,364 |
Red Hat, Inc. * | 48,825 | 3,190,714 |
RetailMeNot, Inc. * | 2,371 | 19,158 |
RingCentral, Inc., Class A * | 26,569 | 491,527 |
Rovi Corp. * | 23,990 | 546,492 |
Sabre Corp. | 42,607 | 1,156,780 |
salesforce.com, Inc. * | 160,761 | 10,891,558 |
Science Applications International Corp. | 9,810 | 438,017 |
ServiceNow, Inc. * | 36,747 | 2,020,718 |
ServiceSource International, Inc. * | 17,373 | 70,534 |
Shutterstock, Inc. *(a) | 8,277 | 288,867 |
Silver Spring Networks, Inc. * | 7,457 | 93,213 |
Solera Holdings, Inc. | 16,675 | 928,797 |
Splunk, Inc. * | 37,170 | 1,620,612 |
SS&C Technologies Holdings, Inc. | 19,420 | 1,131,992 |
Stamps.com, Inc. * | 3,947 | 467,838 |
Sykes Enterprises, Inc. * | 9,812 | 298,972 |
Symantec Corp. | 184,258 | 3,558,022 |
Synchronoss Technologies, Inc. * | 9,300 | 260,493 |
Synopsys, Inc. * | 37,453 | 1,676,022 |
Syntel, Inc. * | 5,470 | 250,088 |
Tableau Software, Inc., Class A * | 11,700 | 534,105 |
Take-Two Interactive Software, Inc. * | 23,250 | 836,767 |
TeleTech Holdings, Inc. | 9,370 | 259,549 |
Teradata Corp. * | 40,529 | 1,011,199 |
Security | Number of Shares | Value ($) |
Textura Corp. * | 3,755 | 64,774 |
The Ultimate Software Group, Inc. * | 6,975 | 1,198,026 |
The Western Union Co. | 136,240 | 2,487,742 |
TiVo, Inc. * | 34,875 | 292,601 |
Total System Services, Inc. | 40,060 | 1,745,815 |
TrueCar, Inc. *(a) | 13,135 | 71,323 |
Twitter, Inc. * | 158,738 | 2,876,333 |
Tyler Technologies, Inc. * | 9,300 | 1,118,976 |
Unisys Corp. * | 25,430 | 273,881 |
Vantiv, Inc., Class A * | 37,463 | 1,949,575 |
VASCO Data Security International, Inc. * | 12,415 | 170,706 |
Verint Systems, Inc. * | 15,109 | 536,823 |
VeriSign, Inc. * | 25,416 | 2,147,398 |
Virtusa Corp. * | 5,256 | 186,062 |
Visa, Inc., Class A | 510,883 | 36,982,820 |
VMware, Inc., Class A *(a) | 21,117 | 1,066,197 |
Web.com Group, Inc. * | 14,516 | 263,465 |
WebMD Health Corp. * | 12,037 | 667,572 |
WEX, Inc. * | 9,447 | 616,889 |
Workday, Inc., Class A * | 27,327 | 1,651,917 |
Xerox Corp. | 253,407 | 2,435,241 |
Xura, Inc. * | 12,695 | 249,203 |
Yahoo! Inc. * | 230,412 | 7,324,797 |
Yelp, Inc. * | 18,864 | 381,807 |
Zendesk, Inc. * | 22,747 | 416,270 |
Zillow Group, Inc., Class A *(a) | 11,730 | 271,550 |
Zillow Group, Inc., Class C *(a) | 40,800 | 881,280 |
Zynga, Inc., Class A * | 210,070 | 443,248 |
636,095,091 | ||
Technology Hardware & Equipment 5.2% | ||
3D Systems Corp. *(a) | 36,945 | 394,203 |
ADTRAN, Inc. | 18,113 | 338,894 |
Amphenol Corp., Class A | 83,700 | 4,441,959 |
Anixter International, Inc. * | 7,022 | 300,752 |
Apple, Inc. | 1,457,918 | 140,966,091 |
Arista Networks, Inc. * | 12,803 | 877,518 |
ARRIS International plc * | 45,419 | 1,085,060 |
Arrow Electronics, Inc. * | 26,216 | 1,498,507 |
Avnet, Inc. | 33,176 | 1,365,192 |
AVX Corp. | 16,333 | 191,749 |
Badger Meter, Inc. | 2,811 | 184,655 |
Belden, Inc. | 13,950 | 764,042 |
Benchmark Electronics, Inc. * | 25,813 | 558,851 |
Brocade Communications Systems, Inc. | 116,615 | 1,157,987 |
CalAmp Corp. * | 9,844 | 179,948 |
CDW Corp. | 38,696 | 1,531,588 |
Ciena Corp. * | 23,250 | 476,625 |
Cisco Systems, Inc. | 1,314,802 | 34,421,516 |
Cognex Corp. | 23,250 | 860,482 |
Coherent, Inc. * | 6,975 | 590,085 |
CommScope Holding Co., Inc. * | 31,532 | 794,291 |
Comtech Telecommunications Corp. | 4,792 | 98,476 |
Corning, Inc. | 319,739 | 5,851,224 |
Cray, Inc. * | 8,985 | 381,054 |
CTS Corp. | 14,854 | 214,789 |
Daktronics, Inc. | 11,890 | 84,062 |
Diebold, Inc. | 16,275 | 403,946 |
Security | Number of Shares | Value ($) |
Dolby Laboratories, Inc., Class A | 12,067 | 476,647 |
DTS, Inc. * | 4,756 | 112,575 |
EchoStar Corp., Class A * | 9,574 | 427,958 |
Electronics For Imaging, Inc. * | 11,625 | 460,466 |
EMC Corp. | 508,231 | 13,280,076 |
ePlus, Inc. * | 776 | 58,270 |
Extreme Networks, Inc. * | 7,157 | 20,183 |
F5 Networks, Inc. * | 19,245 | 1,850,792 |
Fabrinet * | 9,312 | 265,858 |
FARO Technologies, Inc. * | 6,975 | 223,549 |
FEI Co. | 10,371 | 842,540 |
Finisar Corp. * | 41,611 | 606,688 |
Fitbit, Inc., Class A *(a) | 16,481 | 201,563 |
FLIR Systems, Inc. | 39,525 | 1,223,694 |
GSI Group, Inc. * | 984 | 12,664 |
Harmonic, Inc. * | 37,376 | 125,210 |
Harris Corp. | 32,942 | 2,570,135 |
Hewlett Packard Enterprise Co. | 477,161 | 6,331,926 |
HP, Inc. | 477,161 | 5,100,851 |
II-VI, Inc. * | 19,476 | 427,498 |
Infinera Corp. * | 31,819 | 499,240 |
Ingram Micro, Inc., Class A | 39,525 | 1,414,995 |
Insight Enterprises, Inc. * | 11,625 | 303,413 |
InterDigital, Inc. | 11,625 | 578,111 |
InvenSense, Inc. * | 16,407 | 128,139 |
IPG Photonics Corp. * | 10,470 | 863,356 |
Itron, Inc. * | 16,381 | 652,619 |
Ixia * | 18,113 | 206,669 |
Jabil Circuit, Inc. | 51,150 | 1,066,477 |
Juniper Networks, Inc. | 92,754 | 2,291,024 |
Keysight Technologies, Inc. * | 44,175 | 1,152,526 |
Knowles Corp. *(a) | 29,096 | 331,112 |
Lexmark International, Inc., Class A | 15,125 | 469,178 |
Littelfuse, Inc. | 8,433 | 958,157 |
Lumentum Holdings, Inc. * | 21,447 | 515,371 |
Methode Electronics, Inc. | 9,912 | 283,186 |
Motorola Solutions, Inc. | 41,202 | 3,027,935 |
MTS Systems Corp. | 2,756 | 151,442 |
National Instruments Corp. | 25,575 | 737,839 |
NCR Corp. * | 39,525 | 923,304 |
NetApp, Inc. | 83,776 | 2,080,996 |
NETGEAR, Inc. * | 9,300 | 367,443 |
NetScout Systems, Inc. * | 17,923 | 370,468 |
Newport Corp. * | 9,412 | 214,311 |
OSI Systems, Inc. * | 4,697 | 283,558 |
Palo Alto Networks, Inc. * | 17,801 | 2,577,407 |
PC Connection, Inc. | 880 | 21,798 |
Plantronics, Inc. | 8,201 | 307,538 |
Polycom, Inc. * | 35,005 | 364,402 |
QLogic Corp. * | 15,540 | 200,311 |
RealD, Inc. * | 26,649 | 287,809 |
Rofin-Sinar Technologies, Inc. * | 7,168 | 160,133 |
Rogers Corp. * | 8,413 | 449,422 |
Ruckus Wireless, Inc. * | 29,208 | 282,733 |
SanDisk Corp. | 53,251 | 3,847,917 |
Sanmina Corp. * | 18,600 | 383,160 |
ScanSource, Inc. * | 5,226 | 195,400 |
Seagate Technology plc | 74,430 | 2,334,125 |
ShoreTel, Inc. * | 20,004 | 147,830 |
Super Micro Computer, Inc. * | 9,344 | 303,400 |
SYNNEX Corp. | 5,106 | 480,117 |
TE Connectivity Ltd. | 102,582 | 5,838,967 |
Security | Number of Shares | Value ($) |
Tech Data Corp. * | 11,625 | 818,516 |
Trimble Navigation Ltd. * | 65,100 | 1,514,226 |
TTM Technologies, Inc. * | 868 | 5,694 |
Ubiquiti Networks, Inc. *(a) | 7,579 | 247,606 |
Universal Display Corp. * | 9,842 | 470,251 |
VeriFone Systems, Inc. * | 31,119 | 743,433 |
ViaSat, Inc. * | 11,625 | 848,741 |
Western Digital Corp. | 59,925 | 2,608,535 |
Zebra Technologies Corp., Class A * | 13,950 | 861,831 |
280,804,860 | ||
Telecommunication Services 2.5% | ||
8x8, Inc. * | 19,696 | 229,064 |
AT&T, Inc. | 1,608,983 | 59,451,922 |
Atlantic Tele-Network, Inc. | 4,650 | 334,521 |
CenturyLink, Inc. | 146,956 | 4,495,384 |
Cincinnati Bell, Inc. * | 36,801 | 127,331 |
Consolidated Communications Holdings, Inc. | 21,201 | 495,891 |
Frontier Communications Corp. (a) | 312,175 | 1,688,867 |
General Communication, Inc., Class A * | 16,364 | 312,389 |
inContact, Inc. * | 12,117 | 112,325 |
Iridium Communications, Inc. *(a) | 22,317 | 154,657 |
Level 3 Communications, Inc. * | 77,834 | 3,778,841 |
NII Holdings, Inc. * | 32,626 | 173,244 |
SBA Communications Corp., Class A * | 32,831 | 3,115,333 |
Shenandoah Telecommunications Co. | 19,288 | 465,998 |
Sprint Corp. *(a) | 205,554 | 707,106 |
T-Mobile US, Inc. * | 72,779 | 2,700,101 |
Telephone & Data Systems, Inc. | 30,225 | 807,612 |
United States Cellular Corp. * | 4,650 | 192,510 |
Verizon Communications, Inc. | 1,067,516 | 54,155,087 |
Vonage Holdings Corp. * | 42,086 | 226,002 |
Windstream Holdings, Inc. (a) | 45,496 | 342,130 |
134,066,315 | ||
Transportation 2.1% | ||
Air Transport Services Group, Inc. * | 7,399 | 85,458 |
Alaska Air Group, Inc. | 33,834 | 2,500,333 |
Allegiant Travel Co. | 3,067 | 502,620 |
AMERCO | 1,667 | 571,464 |
American Airlines Group, Inc. | 170,525 | 6,991,525 |
ArcBest Corp. | 7,324 | 143,331 |
Atlas Air Worldwide Holdings, Inc. * | 7,089 | 256,693 |
Avis Budget Group, Inc. * | 26,261 | 673,332 |
C.H. Robinson Worldwide, Inc. | 37,960 | 2,650,747 |
CSX Corp. | 258,597 | 6,242,532 |
Delta Air Lines, Inc. | 205,746 | 9,925,187 |
Echo Global Logistics, Inc. * | 13,515 | 344,768 |
Expeditors International of Washington, Inc. | 47,526 | 2,175,740 |
FedEx Corp. | 67,806 | 9,281,285 |
Forward Air Corp. | 9,300 | 378,696 |
Genesee & Wyoming, Inc., Class A * | 21,252 | 1,205,413 |
Hawaiian Holdings, Inc. * | 14,814 | 637,298 |
Heartland Express, Inc. | 12,130 | 223,192 |
Hertz Global Holdings, Inc. * | 114,225 | 970,912 |
Security | Number of Shares | Value ($) |
Hub Group, Inc., Class A * | 9,428 | 348,082 |
J.B. Hunt Transport Services, Inc. | 23,988 | 1,830,045 |
JetBlue Airways Corp. * | 82,787 | 1,821,314 |
Kansas City Southern | 27,924 | 2,281,670 |
Kirby Corp. * | 13,950 | 789,709 |
Landstar System, Inc. | 10,724 | 634,861 |
Macquarie Infrastructure Corp. | 16,813 | 1,026,434 |
Matson, Inc. | 17,791 | 713,241 |
Norfolk Southern Corp. | 78,273 | 5,727,235 |
Old Dominion Freight Line, Inc. * | 16,833 | 1,086,738 |
Ryder System, Inc. | 13,950 | 791,244 |
Saia, Inc. * | 5,790 | 151,988 |
SkyWest, Inc. | 9,796 | 176,818 |
Southwest Airlines Co. | 165,874 | 6,958,414 |
Spirit Airlines, Inc. * | 18,825 | 898,894 |
Swift Transportation Co. * | 28,449 | 484,771 |
Union Pacific Corp. | 224,303 | 17,688,535 |
United Continental Holdings, Inc. * | 97,832 | 5,601,860 |
United Parcel Service, Inc., Class B | 183,920 | 17,757,476 |
Virgin America, Inc. * | 7,549 | 235,453 |
Werner Enterprises, Inc. | 12,030 | 319,397 |
Wesco Aircraft Holdings, Inc. * | 11,901 | 152,214 |
XPO Logistics, Inc. *(a) | 19,828 | 490,941 |
113,727,860 | ||
Utilities 3.5% | ||
AES Corp. | 163,161 | 1,598,978 |
AGL Resources, Inc. | 32,869 | 2,124,981 |
ALLETE, Inc. | 11,625 | 616,358 |
Alliant Energy Corp. | 27,900 | 1,895,805 |
Ameren Corp. | 60,908 | 2,859,631 |
American Electric Power Co., Inc. | 125,550 | 7,752,713 |
American States Water Co. | 9,300 | 394,413 |
American Water Works Co., Inc. | 44,178 | 2,863,618 |
Aqua America, Inc. | 42,672 | 1,304,483 |
Atmos Energy Corp. | 27,958 | 1,940,565 |
Avista Corp. | 18,600 | 703,080 |
Black Hills Corp. | 11,614 | 650,500 |
California Water Service Group | 21,793 | 538,723 |
Calpine Corp. * | 99,981 | 1,255,761 |
CenterPoint Energy, Inc. | 107,509 | 2,002,893 |
Chesapeake Utilities Corp. | 4,904 | 305,519 |
Cleco Corp. | 19,676 | 903,325 |
CMS Energy Corp. | 69,750 | 2,759,310 |
Connecticut Water Service, Inc. | 4,904 | 204,448 |
Consolidated Edison, Inc. | 74,400 | 5,208,744 |
Dominion Resources, Inc. | 158,447 | 11,078,614 |
DTE Energy Co. | 48,342 | 4,066,529 |
Duke Energy Corp. | 177,816 | 13,208,172 |
Dynegy, Inc. * | 25,807 | 260,135 |
Edison International | 81,881 | 5,581,009 |
El Paso Electric Co. | 11,625 | 474,881 |
Entergy Corp. | 46,500 | 3,357,765 |
Eversource Energy | 79,669 | 4,326,027 |
Exelon Corp. | 252,092 | 7,938,377 |
FirstEnergy Corp. | 107,030 | 3,582,294 |
Great Plains Energy, Inc. | 37,706 | 1,106,294 |
Hawaiian Electric Industries, Inc. | 32,554 | 955,785 |
IDACORP, Inc. | 13,950 | 989,892 |
ITC Holdings Corp. | 46,942 | 1,907,253 |
MDU Resources Group, Inc. | 50,252 | 915,089 |
Security | Number of Shares | Value ($) |
MGE Energy, Inc. | 14,730 | 714,994 |
Middlesex Water Co. | 4,922 | 137,914 |
National Fuel Gas Co. | 21,011 | 959,782 |
New Jersey Resources Corp. | 23,250 | 804,915 |
NextEra Energy, Inc. | 120,718 | 13,619,405 |
NiSource, Inc. | 85,593 | 1,838,538 |
Northwest Natural Gas Co. | 9,300 | 463,977 |
NorthWestern Corp. | 13,217 | 784,693 |
NRG Energy, Inc. | 67,594 | 728,663 |
NRG Yield, Inc., Class A | 9,582 | 118,625 |
NRG Yield, Inc., Class C | 23,324 | 304,845 |
OGE Energy Corp. | 51,998 | 1,293,710 |
ONE Gas, Inc. | 12,564 | 728,461 |
Ormat Technologies, Inc. | 9,715 | 370,724 |
Otter Tail Corp. | 17,015 | 465,530 |
Pattern Energy Group, Inc. | 22,636 | 384,359 |
Pepco Holdings, Inc. | 65,392 | 1,711,963 |
PG&E Corp. | 131,378 | 7,453,074 |
Piedmont Natural Gas Co., Inc. | 21,373 | 1,269,770 |
Pinnacle West Capital Corp. | 27,900 | 1,920,357 |
PNM Resources, Inc. | 20,925 | 667,926 |
Portland General Electric Co. | 18,600 | 707,730 |
PPL Corp. | 167,688 | 5,867,403 |
Public Service Enterprise Group, Inc. | 130,200 | 5,554,332 |
Questar Corp. | 44,328 | 1,098,005 |
SCANA Corp. | 37,252 | 2,422,125 |
Sempra Energy | 60,542 | 5,842,908 |
SJW Corp. | 10,165 | 368,583 |
South Jersey Industries, Inc. | 18,600 | 473,370 |
Southwest Gas Corp. | 11,625 | 709,125 |
TECO Energy, Inc. | 59,441 | 1,632,844 |
TerraForm Global, Inc., Class A (a) | 31,667 | 100,384 |
TerraForm Power, Inc., Class A *(a) | 28,996 | 279,521 |
The Laclede Group, Inc. | 12,065 | 790,499 |
The Southern Co. | 240,310 | 11,578,136 |
UGI Corp. | 41,850 | 1,546,776 |
Unitil Corp. | 7,435 | 292,419 |
Vectren Corp. | 20,925 | 952,506 |
WEC Energy Group, Inc. | 81,873 | 4,613,544 |
Westar Energy, Inc. | 37,686 | 1,637,834 |
WGL Holdings, Inc. | 13,950 | 951,251 |
Xcel Energy, Inc. | 127,929 | 5,058,313 |
186,851,797 | ||
Total Common Stock | ||
(Cost $5,022,714,192) | 5,357,420,570 | |
Rights 0.0% of net assets | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
Dyax Corp. CVR (c)(d) | 35,613 | 39,530 |
Telecommunication Services 0.0% | ||
Leap Wireless CVR *(c)(d) | 8,528 | 18,267 |
Total Rights | ||
(Cost $61,021) | 57,797 | |
Security | Number of Shares | Value ($) |
Other Investment Companies 0.9% of net assets | ||
Money Market Fund 0.0% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.24% (e) | 1,520,608 | 1,520,608 |
Securities Lending Collateral 0.9% | ||
Wells Fargo Advantage Government Money Market Fund, Institutional Class 0.16% (e) | 44,931,631 | 44,931,631 |
Total Other Investment Companies | ||
(Cost $46,452,239) | 46,452,239 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $43,220,108. |
(b) | Issuer is affiliated with the fund's investment adviser. |
(c) | Illiquid security. At the period end, the value of these amounted to $57,797 or 0.0% of net assets. |
(d) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
(e) | The rate shown is the 7-day yield. |
CVR — | Contingent Value Rights |
REIT — | Real Estate Investment Trust |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/18/16 | 100 | 9,647,500 | 233,182 |
Holdings by Category | Cost ($) | Value ($) | |
99.7% | Common Stock | 4,817,090,332 | 5,090,346,624 |
0.6% | Other Investment Companies | 30,529,687 | 30,529,687 |
100.3% | Total Investments | 4,847,620,019 | 5,120,876,311 |
(0.3%) | Other Assets and Liabilities, Net | (14,109,194) | |
100.0% | Net Assets | 5,106,767,117 |
Security | Number of Shares | Value ($) |
Common Stock 99.7% of net assets | ||
Automobiles & Components 1.0% | ||
Autoliv, Inc. (a) | 23,002 | 2,443,502 |
BorgWarner, Inc. | 60,695 | 1,983,513 |
Delphi Automotive plc | 77,405 | 5,161,365 |
Ford Motor Co. | 1,066,360 | 13,340,163 |
General Motors Co. | 393,164 | 11,574,748 |
Harley-Davidson, Inc. | 55,170 | 2,381,689 |
Johnson Controls, Inc. | 178,960 | 6,524,882 |
Lear Corp. | 20,916 | 2,119,837 |
Tesla Motors, Inc. *(a) | 28,091 | 5,391,506 |
The Goodyear Tire & Rubber Co. | 74,241 | 2,236,139 |
53,157,344 | ||
Banks 5.1% | ||
Bank of America Corp. | 2,886,550 | 36,139,606 |
BB&T Corp. | 215,314 | 6,924,498 |
BOK Financial Corp. (a) | 4,794 | 234,283 |
CIT Group, Inc. | 49,087 | 1,463,283 |
Citigroup, Inc. | 829,863 | 32,240,178 |
Citizens Financial Group, Inc. | 145,550 | 2,798,927 |
Comerica, Inc. | 49,159 | 1,660,591 |
Cullen/Frost Bankers, Inc. | 13,685 | 655,922 |
East West Bancorp, Inc. | 40,960 | 1,227,571 |
Fifth Third Bancorp | 216,621 | 3,305,636 |
First Republic Bank | 41,134 | 2,531,386 |
Huntington Bancshares, Inc. | 220,503 | 1,929,401 |
JPMorgan Chase & Co. | 1,022,487 | 57,566,018 |
KeyCorp | 225,988 | 2,384,173 |
M&T Bank Corp. | 43,634 | 4,474,667 |
New York Community Bancorp, Inc. | 138,709 | 2,098,667 |
People's United Financial, Inc. | 84,790 | 1,238,782 |
Regions Financial Corp. | 365,917 | 2,751,696 |
Signature Bank * | 14,120 | 1,829,246 |
SunTrust Banks, Inc. | 140,743 | 4,669,853 |
Security | Number of Shares | Value ($) |
SVB Financial Group * | 14,120 | 1,254,562 |
The PNC Financial Services Group, Inc. | 141,025 | 11,466,743 |
U.S. Bancorp | 454,923 | 17,523,634 |
Wells Fargo & Co. | 1,292,513 | 60,644,710 |
Zions Bancorp | 52,640 | 1,122,285 |
260,136,318 | ||
Capital Goods 7.3% | ||
3M Co. | 170,721 | 26,781,003 |
A.O. Smith Corp. | 20,430 | 1,437,863 |
Acuity Brands, Inc. | 11,750 | 2,460,802 |
AGCO Corp. | 23,168 | 1,146,584 |
Allegion plc | 25,670 | 1,617,210 |
Allison Transmission Holdings, Inc. | 44,714 | 1,058,828 |
AMETEK, Inc. | 65,470 | 3,038,463 |
B/E Aerospace, Inc. | 30,183 | 1,316,582 |
Carlisle Cos., Inc. | 18,902 | 1,704,204 |
Caterpillar, Inc. | 163,634 | 11,078,022 |
Chicago Bridge & Iron Co. N.V. | 28,376 | 951,731 |
Colfax Corp. * | 24,698 | 625,106 |
Cummins, Inc. | 44,797 | 4,370,843 |
Danaher Corp. | 162,693 | 14,523,604 |
Deere & Co. | 85,254 | 6,835,666 |
Donaldson Co., Inc. | 35,916 | 1,014,268 |
Dover Corp. | 47,096 | 2,862,495 |
Eaton Corp. plc | 129,601 | 7,349,673 |
Emerson Electric Co. | 180,612 | 8,819,284 |
Fastenal Co. (a) | 80,537 | 3,647,521 |
Flowserve Corp. | 36,402 | 1,529,612 |
Fluor Corp. | 38,829 | 1,787,687 |
Fortune Brands Home & Security, Inc. | 45,043 | 2,262,059 |
General Dynamics Corp. | 82,968 | 11,306,049 |
General Electric Co. | 2,618,434 | 76,301,167 |
HD Supply Holdings, Inc. * | 50,140 | 1,393,391 |
Honeywell International, Inc. | 213,801 | 21,668,731 |
Hubbell, Inc. | 15,031 | 1,493,480 |
IDEX Corp. | 20,086 | 1,509,664 |
Illinois Tool Works, Inc. | 90,625 | 8,541,406 |
Ingersoll-Rand plc | 72,131 | 4,007,598 |
Jacobs Engineering Group, Inc. * | 35,863 | 1,386,105 |
L-3 Communications Holdings, Inc. | 25,496 | 2,990,936 |
Lincoln Electric Holdings, Inc. | 17,360 | 947,335 |
Lockheed Martin Corp. | 74,232 | 16,018,523 |
Masco Corp. | 97,996 | 2,763,487 |
MSC Industrial Direct Co., Inc., Class A | 12,025 | 836,700 |
Nordson Corp. | 15,874 | 1,137,690 |
Northrop Grumman Corp. | 51,205 | 9,842,625 |
Owens Corning | 30,125 | 1,292,965 |
PACCAR, Inc. | 95,761 | 4,931,691 |
Parker-Hannifin Corp. | 37,272 | 3,771,926 |
Pentair plc | 49,167 | 2,345,758 |
Quanta Services, Inc. * | 45,331 | 919,766 |
Raytheon Co. | 83,009 | 10,280,665 |
Rockwell Automation, Inc. | 36,064 | 3,753,902 |
Rockwell Collins, Inc. | 35,958 | 3,148,842 |
Roper Technologies, Inc. | 27,373 | 4,596,748 |
Sensata Technologies Holding N.V. * | 44,759 | 1,526,729 |
Security | Number of Shares | Value ($) |
Snap-on, Inc. | 15,595 | 2,256,129 |
SolarCity Corp. *(a) | 18,350 | 338,191 |
Spirit AeroSystems Holdings, Inc., Class A * | 34,650 | 1,593,900 |
Stanley Black & Decker, Inc. | 42,597 | 4,004,544 |
Textron, Inc. | 75,788 | 2,588,160 |
The Boeing Co. | 174,439 | 20,615,201 |
The Middleby Corp. * | 15,790 | 1,462,154 |
TransDigm Group, Inc. * | 14,582 | 3,114,424 |
Trinity Industries, Inc. | 43,459 | 688,391 |
United Rentals, Inc. * | 27,422 | 1,414,153 |
United Technologies Corp. | 215,650 | 20,836,103 |
W.W. Grainger, Inc. | 16,043 | 3,479,727 |
WABCO Holdings, Inc. * | 15,881 | 1,497,578 |
Wabtec Corp. | 25,404 | 1,793,522 |
Xylem, Inc. | 49,102 | 1,836,906 |
374,452,072 | ||
Commercial & Professional Services 0.8% | ||
Cintas Corp. | 23,768 | 1,996,274 |
Copart, Inc. * | 29,732 | 1,122,383 |
Equifax, Inc. | 32,165 | 3,373,465 |
IHS, Inc., Class A * | 18,205 | 1,893,138 |
ManpowerGroup, Inc. | 20,650 | 1,599,136 |
Nielsen Holdings plc | 98,310 | 4,948,925 |
Republic Services, Inc. | 68,384 | 3,125,149 |
Robert Half International, Inc. | 36,770 | 1,448,370 |
Rollins, Inc. | 21,147 | 582,177 |
Stericycle, Inc. * | 22,858 | 2,604,212 |
The ADT Corp. | 45,129 | 1,821,858 |
The Dun & Bradstreet Corp. | 12,054 | 1,154,653 |
Tyco International plc | 116,528 | 4,099,455 |
Verisk Analytics, Inc. * | 43,713 | 3,184,055 |
Waste Connections, Inc. | 35,958 | 2,217,530 |
Waste Management, Inc. | 116,545 | 6,509,038 |
41,679,818 | ||
Consumer Durables & Apparel 1.6% | ||
Carter's, Inc. | 15,863 | 1,612,157 |
Coach, Inc. | 75,829 | 2,952,781 |
D.R. Horton, Inc. | 87,416 | 2,335,756 |
Garmin Ltd. | 32,079 | 1,299,520 |
GoPro, Inc., Class A *(a) | 20,330 | 241,520 |
Hanesbrands, Inc. | 108,176 | 3,081,934 |
Harman International Industries, Inc. | 20,395 | 1,563,889 |
Hasbro, Inc. | 31,178 | 2,365,475 |
Jarden Corp. * | 58,864 | 3,112,728 |
Leggett & Platt, Inc. | 37,859 | 1,690,783 |
Lennar Corp., B Shares | 2,870 | 96,748 |
Lennar Corp., Class A | 46,869 | 1,965,686 |
lululemon athletica, Inc. * | 32,298 | 2,026,054 |
Mattel, Inc. | 89,585 | 2,913,304 |
Michael Kors Holdings Ltd. * | 55,711 | 3,156,028 |
Mohawk Industries, Inc. * | 17,321 | 3,113,103 |
Newell Rubbermaid, Inc. | 71,326 | 2,711,101 |
NIKE, Inc., Class B | 376,713 | 23,201,754 |
NVR, Inc. * | 984 | 1,610,808 |
Polaris Industries, Inc. | 17,032 | 1,497,283 |
PulteGroup, Inc. | 83,027 | 1,427,234 |
Security | Number of Shares | Value ($) |
PVH Corp. | 22,492 | 1,780,242 |
Ralph Lauren Corp. | 15,636 | 1,419,123 |
Skechers U.S.A., Inc., Class A * | 34,350 | 1,130,802 |
Toll Brothers, Inc. * | 47,381 | 1,300,609 |
Under Armour, Inc., Class A * | 48,996 | 4,100,475 |
VF Corp. | 93,966 | 6,118,126 |
Whirlpool Corp. | 21,813 | 3,387,995 |
83,213,018 | ||
Consumer Services 2.2% | ||
Aramark | 64,100 | 2,014,022 |
Carnival Corp. | 124,911 | 5,990,731 |
Chipotle Mexican Grill, Inc. * | 8,476 | 4,315,640 |
Darden Restaurants, Inc. | 29,917 | 1,911,098 |
Domino's Pizza, Inc. | 14,720 | 1,958,349 |
Dunkin' Brands Group, Inc. | 27,527 | 1,282,208 |
Extended Stay America, Inc. | 15,863 | 234,455 |
H&R Block, Inc. | 65,462 | 2,152,391 |
Hilton Worldwide Holdings, Inc. | 145,791 | 3,029,537 |
Hyatt Hotels Corp., Class A * | 9,998 | 461,408 |
Las Vegas Sands Corp. | 98,832 | 4,771,609 |
Marriott International, Inc., Class A (a) | 53,569 | 3,650,727 |
McDonald's Corp. | 255,120 | 29,897,513 |
MGM Resorts International * | 129,139 | 2,444,601 |
Norwegian Cruise Line Holdings Ltd. * | 42,890 | 2,107,186 |
Royal Caribbean Cruises Ltd. | 45,935 | 3,416,186 |
Service Corp. International | 56,350 | 1,325,352 |
Starbucks Corp. | 414,073 | 24,103,189 |
Starwood Hotels & Resorts Worldwide, Inc. | 47,513 | 3,283,623 |
Wyndham Worldwide Corp. | 32,136 | 2,340,786 |
Wynn Resorts Ltd. (a) | 22,764 | 1,877,575 |
Yum! Brands, Inc. | 120,411 | 8,726,185 |
111,294,371 | ||
Diversified Financials 4.7% | ||
Affiliated Managers Group, Inc. * | 14,381 | 1,994,501 |
Ally Financial, Inc. * | 118,762 | 2,087,836 |
American Express Co. | 232,965 | 12,948,195 |
Ameriprise Financial, Inc. | 47,585 | 3,994,761 |
Berkshire Hathaway, Inc., Class B * | 522,390 | 70,089,066 |
BlackRock, Inc. | 36,030 | 11,239,919 |
Capital One Financial Corp. | 148,251 | 9,744,538 |
CME Group, Inc. | 91,963 | 8,409,097 |
Discover Financial Services | 118,240 | 5,488,701 |
E*TRADE Financial Corp. * | 79,350 | 1,861,551 |
Eaton Vance Corp. | 33,469 | 967,589 |
FactSet Research Systems, Inc. | 11,205 | 1,686,240 |
Franklin Resources, Inc. | 105,737 | 3,790,671 |
Intercontinental Exchange, Inc. | 32,614 | 7,777,134 |
Invesco Ltd. | 116,668 | 3,119,702 |
Lazard Ltd., Class A | 36,048 | 1,268,169 |
Legg Mason, Inc. | 27,020 | 771,691 |
LendingClub Corp. * | 56,923 | 496,938 |
Leucadia National Corp. | 94,868 | 1,370,843 |
LPL Financial Holdings, Inc. (a) | 20,775 | 420,278 |
McGraw Hill Financial, Inc. | 73,484 | 6,594,454 |
Moody's Corp. | 47,018 | 4,175,198 |
Security | Number of Shares | Value ($) |
Morgan Stanley | 416,613 | 10,290,341 |
MSCI, Inc. | 25,349 | 1,787,611 |
Nasdaq, Inc. | 34,133 | 2,160,278 |
Navient Corp. | 101,657 | 1,100,945 |
Northern Trust Corp. | 60,437 | 3,588,749 |
OneMain Holdings, Inc. * | 12,550 | 283,253 |
Raymond James Financial, Inc. | 34,551 | 1,514,716 |
Santander Consumer USA Holdings, Inc. * | 27,442 | 281,281 |
SEI Investments Co. | 38,533 | 1,470,805 |
State Street Corp. | 112,464 | 6,160,778 |
Synchrony Financial * | 228,516 | 6,158,506 |
T. Rowe Price Group, Inc. | 71,614 | 4,949,244 |
TD Ameritrade Holding Corp. | 74,043 | 2,116,149 |
The Bank of New York Mellon Corp. | 302,943 | 10,721,153 |
The Charles Schwab Corp. (b) | 332,199 | 8,321,585 |
The Goldman Sachs Group, Inc. | 109,830 | 16,422,880 |
Voya Financial, Inc. | 59,122 | 1,735,822 |
239,361,168 | ||
Energy 6.2% | ||
Anadarko Petroleum Corp. | 145,069 | 5,505,369 |
Antero Resources Corp. *(a) | 20,763 | 474,435 |
Apache Corp. | 104,882 | 4,014,883 |
Baker Hughes, Inc. | 118,336 | 5,073,064 |
Cabot Oil & Gas Corp. | 115,845 | 2,331,960 |
California Resources Corp. | 20,208 | 11,359 |
Cameron International Corp. * | 51,765 | 3,393,713 |
Cheniere Energy, Inc. * | 65,552 | 2,343,484 |
Chesapeake Energy Corp. (a) | 141,010 | 368,036 |
Chevron Corp. | 521,072 | 43,478,248 |
Cimarex Energy Co. | 25,933 | 2,179,150 |
Columbia Pipeline Group, Inc. | 115,222 | 2,091,279 |
Concho Resources, Inc. * | 35,887 | 3,238,443 |
ConocoPhillips | 339,829 | 11,496,415 |
Continental Resources, Inc. * | 22,598 | 523,822 |
Core Laboratories N.V. (a) | 11,724 | 1,230,317 |
Devon Energy Corp. | 115,096 | 2,265,089 |
Ensco plc, Class A | 64,804 | 561,851 |
EOG Resources, Inc. | 156,835 | 10,153,498 |
EQT Corp. | 40,144 | 2,237,627 |
Exxon Mobil Corp. | 1,153,864 | 92,482,200 |
FMC Technologies, Inc. * | 64,583 | 1,584,221 |
Halliburton Co. | 232,259 | 7,497,321 |
Helmerich & Payne, Inc. | 29,768 | 1,576,811 |
Hess Corp. | 65,510 | 2,856,236 |
HollyFrontier Corp. | 50,072 | 1,693,435 |
Kinder Morgan, Inc. | 514,176 | 9,301,444 |
Marathon Oil Corp. | 188,626 | 1,548,619 |
Marathon Petroleum Corp. | 146,006 | 5,000,705 |
Murphy Oil Corp. | 47,025 | 807,889 |
National Oilwell Varco, Inc. | 105,131 | 3,077,184 |
Noble Energy, Inc. | 119,143 | 3,514,718 |
Occidental Petroleum Corp. | 214,787 | 14,781,641 |
Oceaneering International, Inc. | 28,952 | 799,654 |
ONEOK, Inc. | 55,993 | 1,343,832 |
Phillips 66 | 130,413 | 10,353,488 |
Pioneer Natural Resources Co. | 43,733 | 5,271,138 |
Range Resources Corp. (a) | 48,034 | 1,139,847 |
Schlumberger Ltd. | 350,226 | 25,118,209 |
Security | Number of Shares | Value ($) |
Southwestern Energy Co. *(a) | 114,472 | 661,648 |
Spectra Energy Corp. | 185,510 | 5,416,892 |
Tesoro Corp. | 34,484 | 2,782,169 |
The Williams Cos., Inc. | 186,089 | 2,975,563 |
Transocean Ltd. (a) | 94,254 | 815,297 |
Valero Energy Corp. | 131,808 | 7,919,025 |
Weatherford International plc * | 207,894 | 1,330,522 |
Whiting Petroleum Corp. * | 55,650 | 223,156 |
314,844,906 | ||
Food & Staples Retailing 2.3% | ||
Costco Wholesale Corp. | 122,872 | 18,434,486 |
CVS Health Corp. | 304,715 | 29,609,157 |
Rite Aid Corp. * | 311,484 | 2,476,298 |
Sysco Corp. | 142,592 | 6,292,585 |
The Kroger Co. | 269,752 | 10,765,802 |
Wal-Mart Stores, Inc. | 431,856 | 28,649,327 |
Walgreens Boots Alliance, Inc. | 241,858 | 19,092,270 |
Whole Foods Market, Inc. | 100,306 | 3,140,581 |
118,460,506 | ||
Food, Beverage & Tobacco 5.7% | ||
Altria Group, Inc. | 544,259 | 33,510,027 |
Archer-Daniels-Midland Co. | 166,217 | 5,810,946 |
Brown-Forman Corp., Class A | 7,010 | 747,196 |
Brown-Forman Corp., Class B | 29,618 | 2,916,485 |
Bunge Ltd. | 38,753 | 1,926,799 |
Campbell Soup Co. | 47,194 | 2,914,230 |
Coca-Cola Enterprises, Inc. | 60,182 | 2,919,429 |
ConAgra Foods, Inc. | 122,745 | 5,162,655 |
Constellation Brands, Inc., Class A | 47,530 | 6,722,168 |
Dr. Pepper Snapple Group, Inc. | 53,662 | 4,911,683 |
Flowers Foods, Inc. | 49,479 | 847,575 |
General Mills, Inc. | 165,874 | 9,761,685 |
Hormel Foods Corp. | 75,746 | 3,219,963 |
Ingredion, Inc. | 20,728 | 2,098,088 |
Kellogg Co. | 69,395 | 5,136,618 |
Keurig Green Mountain, Inc. | 31,726 | 2,916,888 |
McCormick & Co., Inc. Non-Voting Shares | 31,592 | 2,946,270 |
Mead Johnson Nutrition Co. | 56,311 | 4,153,499 |
Molson Coors Brewing Co., Class B | 49,985 | 4,262,221 |
Mondelez International, Inc., Class A | 440,980 | 17,872,919 |
Monster Beverage Corp. * | 40,653 | 5,101,952 |
PepsiCo, Inc. | 404,404 | 39,558,799 |
Philip Morris International, Inc. | 430,643 | 39,201,432 |
Pilgrim's Pride Corp. * | 16,585 | 405,503 |
Reynolds American, Inc. | 228,324 | 11,514,379 |
The Coca-Cola Co. | 1,086,222 | 46,848,755 |
The Hain Celestial Group, Inc. * | 27,740 | 1,025,548 |
The Hershey Co. | 40,247 | 3,658,050 |
The J.M. Smucker Co. | 33,870 | 4,320,796 |
The Kraft Heinz Co. | 163,966 | 12,628,661 |
The WhiteWave Foods Co. * | 47,670 | 1,845,782 |
Tyson Foods, Inc., Class A | 85,217 | 5,517,801 |
292,384,802 |
Security | Number of Shares | Value ($) |
Health Care Equipment & Services 5.0% | ||
Abbott Laboratories | 414,844 | 16,071,057 |
Aetna, Inc. | 97,359 | 10,576,108 |
AmerisourceBergen Corp. | 55,709 | 4,825,514 |
Anthem, Inc. | 73,400 | 9,592,646 |
Baxter International, Inc. | 148,023 | 5,848,389 |
Becton Dickinson & Co. | 59,827 | 8,821,491 |
Boston Scientific Corp. * | 372,612 | 6,326,952 |
C.R. Bard, Inc. | 20,631 | 3,968,992 |
Cardinal Health, Inc. | 91,929 | 7,510,599 |
Centene Corp. * | 32,380 | 1,844,365 |
Cerner Corp. * | 85,051 | 4,342,704 |
Cigna Corp. | 70,707 | 9,871,404 |
Community Health Systems, Inc. * | 36,056 | 545,167 |
DaVita HealthCare Partners, Inc. * | 47,106 | 3,107,583 |
DENTSPLY International, Inc. | 40,106 | 2,444,862 |
DexCom, Inc. * | 21,530 | 1,400,742 |
Edwards Lifesciences Corp. * | 58,644 | 5,102,028 |
Envision Healthcare Holdings, Inc. * | 59,199 | 1,301,786 |
Express Scripts Holding Co. * | 187,604 | 13,203,570 |
HCA Holdings, Inc. * | 87,502 | 6,056,013 |
Henry Schein, Inc. * | 22,696 | 3,755,053 |
Hologic, Inc. * | 69,470 | 2,405,746 |
Humana, Inc. | 40,877 | 7,234,003 |
IDEXX Laboratories, Inc. * | 23,664 | 1,731,258 |
IMS Health Holdings, Inc. * | 42,614 | 1,098,589 |
Intuitive Surgical, Inc. * | 10,659 | 6,001,657 |
Laboratory Corp. of America Holdings * | 27,337 | 3,002,696 |
McKesson Corp. | 63,522 | 9,885,294 |
MEDNAX, Inc. * | 24,594 | 1,648,782 |
Medtronic plc | 389,926 | 30,176,373 |
Patterson Cos., Inc. | 22,947 | 996,818 |
Premier, Inc., Class A * | 7,193 | 233,916 |
Quest Diagnostics, Inc. | 40,376 | 2,686,215 |
ResMed, Inc. | 36,490 | 2,076,646 |
Sirona Dental Systems, Inc. *(d) | 15,875 | 1,755,674 |
St. Jude Medical, Inc. | 77,954 | 4,185,350 |
Stryker Corp. | 86,772 | 8,666,787 |
Tenet Healthcare Corp. * | 29,522 | 732,736 |
The Cooper Cos., Inc. | 13,674 | 1,954,835 |
UnitedHealth Group, Inc. | 263,775 | 31,415,602 |
Universal Health Services, Inc., Class B | 25,050 | 2,764,768 |
Varian Medical Systems, Inc. * | 25,501 | 1,994,688 |
Zimmer Biomet Holdings, Inc. | 50,324 | 4,871,866 |
254,037,324 | ||
Household & Personal Products 2.1% | ||
Church & Dwight Co., Inc. | 36,158 | 3,281,700 |
Colgate-Palmolive Co. | 250,085 | 16,415,579 |
Coty, Inc., Class A (a) | 27,440 | 781,491 |
Edgewell Personal Care Co. | 16,285 | 1,244,988 |
Herbalife Ltd. *(a) | 17,370 | 951,008 |
Kimberly-Clark Corp. | 100,627 | 13,111,698 |
Spectrum Brands Holdings, Inc. | 7,510 | 719,233 |
The Clorox Co. | 36,370 | 4,597,895 |
Security | Number of Shares | Value ($) |
The Estee Lauder Cos., Inc., Class A | 60,769 | 5,550,033 |
The Procter & Gamble Co. | 753,717 | 60,515,938 |
107,169,563 | ||
Insurance 2.9% | ||
Aflac, Inc. | 117,337 | 6,983,898 |
Alleghany Corp. * | 4,553 | 2,112,501 |
American Financial Group, Inc. | 20,234 | 1,357,297 |
American International Group, Inc. | 344,829 | 17,310,416 |
Aon plc | 74,958 | 7,142,748 |
Arch Capital Group Ltd. * | 32,499 | 2,207,982 |
Arthur J. Gallagher & Co. | 47,562 | 1,895,346 |
Axis Capital Holdings Ltd. | 26,884 | 1,443,940 |
Brown & Brown, Inc. | 33,742 | 1,090,204 |
Chubb Ltd. | 127,118 | 14,685,942 |
Cincinnati Financial Corp. | 41,145 | 2,597,895 |
CNA Financial Corp. | 9,080 | 263,048 |
Erie Indemnity Co., Class A | 6,750 | 634,567 |
Everest Re Group Ltd. | 11,944 | 2,223,137 |
FNF Group | 73,884 | 2,436,694 |
Lincoln National Corp. | 69,441 | 2,536,680 |
Loews Corp. | 80,740 | 2,934,899 |
Markel Corp. * | 3,790 | 3,246,931 |
Marsh & McLennan Cos., Inc. | 144,106 | 8,221,247 |
MetLife, Inc. | 304,973 | 12,064,732 |
PartnerRe Ltd. | 14,677 | 2,058,743 |
Principal Financial Group, Inc. | 73,955 | 2,796,239 |
Prudential Financial, Inc. | 122,359 | 8,086,706 |
Reinsurance Group of America, Inc. | 18,148 | 1,635,135 |
RenaissanceRe Holdings Ltd. | 11,711 | 1,325,685 |
The Allstate Corp. | 107,589 | 6,827,598 |
The Hartford Financial Services Group, Inc. | 116,125 | 4,891,185 |
The Progressive Corp. | 160,643 | 5,127,725 |
The Travelers Cos., Inc. | 84,697 | 9,106,621 |
Torchmark Corp. | 32,243 | 1,651,486 |
Unum Group | 67,756 | 1,933,079 |
W.R. Berkley Corp. | 29,235 | 1,505,602 |
Willis Towers Watson plc | 38,768 | 4,393,190 |
XL Group plc | 83,645 | 2,875,715 |
147,604,813 | ||
Materials 2.9% | ||
Air Products & Chemicals, Inc. | 52,566 | 6,963,418 |
Airgas, Inc. | 18,415 | 2,606,091 |
Albemarle Corp. | 30,385 | 1,708,245 |
Alcoa, Inc. | 364,765 | 3,257,351 |
Ashland, Inc. | 18,755 | 1,787,164 |
Avery Dennison Corp. | 25,257 | 1,644,736 |
Axalta Coating Systems Ltd. * | 37,100 | 963,116 |
Ball Corp. | 38,308 | 2,537,139 |
Celanese Corp., Series A | 42,323 | 2,553,770 |
CF Industries Holdings, Inc. | 64,847 | 2,364,322 |
Crown Holdings, Inc. * | 37,879 | 1,774,631 |
E.I. du Pont de Nemours & Co. | 241,526 | 14,701,688 |
Eastman Chemical Co. | 43,417 | 2,785,201 |
Ecolab, Inc. | 74,634 | 7,653,717 |
FMC Corp. | 36,011 | 1,355,454 |
Freeport-McMoRan, Inc. (a) | 354,353 | 2,703,713 |
Security | Number of Shares | Value ($) |
GCP Applied Technologies, Inc. * | 20,300 | 359,919 |
Huntsman Corp. | 51,291 | 557,020 |
International Flavors & Fragrances, Inc. | 22,270 | 2,300,268 |
International Paper Co. | 114,959 | 4,104,036 |
LyondellBasell Industries N.V., Class A | 101,663 | 8,154,389 |
Martin Marietta Materials, Inc. | 17,974 | 2,563,452 |
Monsanto Co. | 121,459 | 10,930,095 |
Newmont Mining Corp. | 151,624 | 3,916,448 |
Nucor Corp. | 87,429 | 3,439,457 |
Packaging Corp. of America | 25,448 | 1,234,228 |
PPG Industries, Inc. | 73,709 | 7,115,130 |
Praxair, Inc. | 76,872 | 7,824,801 |
Reliance Steel & Aluminum Co. | 20,588 | 1,253,603 |
RPM International, Inc. | 34,102 | 1,393,067 |
Sealed Air Corp. | 56,957 | 2,604,644 |
The Dow Chemical Co. | 311,062 | 15,120,724 |
The Mosaic Co. | 91,474 | 2,437,782 |
The Sherwin-Williams Co. | 21,401 | 5,788,970 |
The Valspar Corp. | 19,576 | 1,531,626 |
Vulcan Materials Co. | 37,283 | 3,673,494 |
W.R. Grace & Co. * | 20,300 | 1,395,422 |
Westlake Chemical Corp. | 11,269 | 485,919 |
WestRock Co. | 72,832 | 2,459,537 |
148,003,787 | ||
Media 3.4% | ||
AMC Networks, Inc., Class A * | 16,301 | 1,068,368 |
Cablevision Systems Corp., Class A | 61,041 | 1,985,664 |
CBS Corp., Class A | 900 | 48,253 |
CBS Corp., Class B Non-Voting Shares | 124,845 | 6,040,001 |
Charter Communications, Inc., Class A *(a) | 20,622 | 3,702,886 |
Comcast Corp., Class A | 674,369 | 38,931,322 |
Discovery Communications, Inc., Class A * | 40,171 | 1,004,275 |
Discovery Communications, Inc., Class C * | 73,926 | 1,822,276 |
DISH Network Corp., Class A * | 59,421 | 2,800,512 |
Liberty Broadband Corp., Class A * | 4,740 | 238,375 |
Liberty Broadband Corp., Class C * | 20,230 | 1,018,985 |
Liberty Global plc, Class A * | 69,260 | 2,551,538 |
Liberty Global plc, Series C * | 169,730 | 6,103,491 |
Liberty Media Corp., Class A * | 27,130 | 966,371 |
Liberty Media Corp., Class C * | 54,260 | 1,893,674 |
Lions Gate Entertainment Corp. | 26,070 | 550,077 |
MSG Networks, Inc., Class A * | 15,686 | 257,564 |
News Corp., Class A | 105,597 | 1,142,560 |
News Corp., Class B | 28,540 | 325,641 |
Omnicom Group, Inc. | 65,648 | 5,108,071 |
Scripps Networks Interactive, Inc., Class A | 25,797 | 1,528,214 |
Sirius XM Holdings, Inc. * | 610,580 | 2,271,358 |
TEGNA, Inc. | 63,009 | 1,552,542 |
The Interpublic Group of Cos., Inc. | 113,624 | 2,430,417 |
The Walt Disney Co. | 421,803 | 40,290,623 |
Time Warner Cable, Inc. | 79,407 | 15,155,620 |
Time Warner, Inc. | 222,859 | 14,753,266 |
Tribune Media Co., Class A | 25,726 | 923,563 |
Security | Number of Shares | Value ($) |
Twenty-First Century Fox, Inc., Class A | 327,723 | 8,855,075 |
Twenty-First Century Fox, Inc., Class B | 123,250 | 3,347,470 |
Viacom, Inc., Class A | 1,200 | 49,752 |
Viacom, Inc., Class B | 97,059 | 3,576,624 |
172,294,428 | ||
Pharmaceuticals, Biotechnology & Life Sciences 9.4% | ||
AbbVie, Inc. | 452,504 | 24,711,243 |
Agilent Technologies, Inc. | 92,361 | 3,449,683 |
Alexion Pharmaceuticals, Inc. * | 61,502 | 8,659,482 |
Alkermes plc * | 40,760 | 1,315,325 |
Allergan plc * | 109,528 | 31,775,168 |
Alnylam Pharmaceuticals, Inc. * | 20,030 | 1,173,157 |
Amgen, Inc. | 208,895 | 29,721,581 |
Anacor Pharmaceuticals, Inc. * | 11,750 | 749,415 |
Baxalta, Inc. | 160,411 | 6,179,032 |
Biogen, Inc. * | 61,652 | 15,993,762 |
BioMarin Pharmaceutical, Inc. * | 45,780 | 3,748,009 |
Bristol-Myers Squibb Co. | 462,133 | 28,619,897 |
Celgene Corp. * | 216,105 | 21,789,867 |
Eli Lilly & Co. | 269,763 | 19,422,936 |
Endo International plc * | 60,524 | 2,530,508 |
Gilead Sciences, Inc. | 401,108 | 34,996,673 |
Illumina, Inc. * | 39,633 | 5,954,462 |
Incyte Corp. * | 47,369 | 3,481,621 |
Ionis Pharmaceuticals, Inc. * | 32,580 | 1,125,965 |
Jazz Pharmaceuticals plc * | 17,983 | 2,186,373 |
Johnson & Johnson | 766,689 | 80,663,350 |
Mallinckrodt plc * | 32,618 | 2,121,149 |
Medivation, Inc. * | 49,058 | 1,754,805 |
Merck & Co., Inc. | 775,505 | 38,938,106 |
Mettler-Toledo International, Inc. * | 7,291 | 2,296,009 |
Mylan N.V. * | 112,105 | 5,052,572 |
OPKO Health, Inc. *(a) | 87,230 | 811,239 |
PerkinElmer, Inc. | 31,182 | 1,473,661 |
Perrigo Co., plc | 40,360 | 5,095,450 |
Pfizer, Inc. | 1,714,436 | 50,867,316 |
Quintiles Transnational Holdings, Inc. * | 27,284 | 1,710,980 |
Regeneron Pharmaceuticals, Inc. * | 22,012 | 8,453,048 |
Seattle Genetics, Inc. * | 29,343 | 885,865 |
Thermo Fisher Scientific, Inc. | 112,044 | 14,474,964 |
United Therapeutics Corp. * | 12,250 | 1,493,765 |
Vertex Pharmaceuticals, Inc. * | 67,541 | 5,774,080 |
Waters Corp. * | 22,621 | 2,721,533 |
Zoetis, Inc. | 125,356 | 5,147,117 |
477,319,168 | ||
Real Estate 3.4% | ||
Alexandria Real Estate Equities, Inc. | 18,422 | 1,458,286 |
American Campus Communities, Inc. | 36,739 | 1,608,066 |
American Capital Agency Corp. | 92,789 | 1,676,697 |
American Tower Corp. | 118,274 | 10,904,863 |
Annaly Capital Management, Inc. | 258,003 | 2,613,570 |
Apartment Investment & Management Co., Class A | 45,919 | 1,681,095 |
Security | Number of Shares | Value ($) |
AvalonBay Communities, Inc. | 38,413 | 6,593,207 |
Boston Properties, Inc. | 44,081 | 5,031,405 |
Brixmor Property Group, Inc. | 41,366 | 969,205 |
Camden Property Trust | 22,270 | 1,664,460 |
CBRE Group, Inc., Class A * | 81,744 | 2,077,115 |
Crown Castle International Corp. | 90,755 | 7,850,307 |
DDR Corp. | 83,028 | 1,389,058 |
Digital Realty Trust, Inc. | 44,050 | 3,483,034 |
Duke Realty Corp. | 98,430 | 2,035,532 |
Equinix, Inc. | 18,852 | 5,725,164 |
Equity Residential | 102,889 | 7,664,202 |
Essex Property Trust, Inc. | 18,374 | 3,845,311 |
Extra Space Storage, Inc. | 32,918 | 2,704,214 |
Federal Realty Investment Trust | 18,588 | 2,752,139 |
General Growth Properties, Inc. | 158,088 | 4,350,582 |
HCP, Inc. | 129,837 | 3,840,578 |
Host Hotels & Resorts, Inc. | 212,431 | 3,252,319 |
Iron Mountain, Inc. | 52,738 | 1,549,442 |
Jones Lang LaSalle, Inc. | 11,697 | 1,193,913 |
Kilroy Realty Corp. | 27,104 | 1,470,934 |
Kimco Realty Corp. | 109,166 | 2,920,191 |
Lamar Advertising Co., Class A | 21,070 | 1,203,729 |
Liberty Property Trust | 37,386 | 1,079,708 |
Mid-America Apartment Communities, Inc. | 20,330 | 1,828,480 |
National Retail Properties, Inc. | 33,544 | 1,475,265 |
Omega Healthcare Investors, Inc. | 44,030 | 1,411,602 |
Prologis, Inc. | 146,937 | 5,651,197 |
Public Storage | 42,410 | 10,580,871 |
Realogy Holdings Corp. * | 38,483 | 1,230,302 |
Realty Income Corp. | 71,978 | 4,213,592 |
Regency Centers Corp. | 24,497 | 1,728,998 |
Senior Housing Properties Trust | 71,878 | 1,122,016 |
Simon Property Group, Inc. | 85,548 | 16,231,022 |
SL Green Realty Corp. | 27,599 | 2,433,680 |
Taubman Centers, Inc. | 16,103 | 1,140,414 |
The Macerich Co. | 37,988 | 3,004,091 |
UDR, Inc. | 75,752 | 2,600,566 |
Ventas, Inc. | 89,879 | 5,003,564 |
VEREIT, Inc. | 245,970 | 1,972,679 |
Vornado Realty Trust | 49,592 | 4,282,765 |
Weingarten Realty Investors | 29,307 | 1,032,486 |
Welltower, Inc. | 96,873 | 6,178,560 |
Weyerhaeuser Co. | 222,015 | 5,767,950 |
WP Carey, Inc. | 24,886 | 1,410,787 |
174,889,213 | ||
Retailing 5.3% | ||
Advance Auto Parts, Inc. | 20,060 | 2,977,706 |
Amazon.com, Inc. * | 106,764 | 58,989,245 |
AutoNation, Inc. * | 20,764 | 1,068,723 |
AutoZone, Inc. * | 8,243 | 6,384,781 |
Bed Bath & Beyond, Inc. * | 46,787 | 2,243,437 |
Best Buy Co., Inc. | 81,017 | 2,624,141 |
CarMax, Inc. * | 56,300 | 2,604,438 |
Dick's Sporting Goods, Inc. | 27,009 | 1,147,072 |
Dillard's, Inc., Class A | 7,561 | 632,780 |
Dollar General Corp. | 79,070 | 5,870,948 |
Dollar Tree, Inc. * | 63,932 | 5,130,543 |
Expedia, Inc. | 32,678 | 3,402,107 |
Foot Locker, Inc. | 38,517 | 2,407,313 |
Security | Number of Shares | Value ($) |
GameStop Corp., Class A (a) | 31,280 | 964,050 |
Genuine Parts Co. | 40,564 | 3,656,845 |
Kohl's Corp. | 53,785 | 2,510,146 |
L Brands, Inc. | 69,219 | 5,869,079 |
Liberty Interactive Corp. QVC Group, Class A * | 137,498 | 3,489,699 |
Liberty Ventures, Series A * | 37,220 | 1,365,602 |
LKQ Corp. * | 80,626 | 2,225,278 |
Lowe's Cos., Inc. | 252,474 | 17,049,569 |
Macy's, Inc. | 89,253 | 3,856,622 |
Netflix, Inc. * | 118,135 | 11,034,990 |
Nordstrom, Inc. (a) | 38,542 | 1,977,975 |
O'Reilly Automotive, Inc. * | 27,490 | 7,156,197 |
Ross Stores, Inc. | 112,430 | 6,181,401 |
Sally Beauty Holdings, Inc. * | 42,378 | 1,338,297 |
Signet Jewelers Ltd. | 22,303 | 2,417,645 |
Staples, Inc. | 173,886 | 1,643,223 |
Target Corp. | 168,096 | 13,187,131 |
The Gap, Inc. | 65,286 | 1,805,158 |
The Home Depot, Inc. | 353,445 | 43,869,593 |
The Priceline Group, Inc. * | 13,764 | 17,414,350 |
The TJX Cos., Inc. | 183,890 | 13,626,249 |
Tiffany & Co. | 29,227 | 1,899,170 |
Tractor Supply Co. | 38,024 | 3,215,690 |
TripAdvisor, Inc. * | 32,327 | 2,023,670 |
Ulta Salon, Cosmetics & Fragrance, Inc. * | 18,275 | 3,018,847 |
Urban Outfitters, Inc. * | 29,038 | 769,217 |
Williams-Sonoma, Inc. | 24,540 | 1,278,779 |
270,327,706 | ||
Semiconductors & Semiconductor Equipment 2.6% | ||
Analog Devices, Inc. | 87,006 | 4,610,448 |
Applied Materials, Inc. | 339,318 | 6,402,931 |
Broadcom Ltd. | 107,577 | 14,412,091 |
First Solar, Inc. * | 20,293 | 1,458,458 |
Intel Corp. | 1,307,081 | 38,676,527 |
KLA-Tencor Corp. | 44,577 | 3,019,646 |
Lam Research Corp. | 44,653 | 3,273,065 |
Linear Technology Corp. | 65,484 | 2,856,412 |
Marvell Technology Group Ltd. | 143,860 | 1,373,863 |
Maxim Integrated Products, Inc. | 78,269 | 2,650,188 |
Microchip Technology, Inc. | 53,740 | 2,390,892 |
Micron Technology, Inc. * | 295,840 | 3,144,779 |
NVIDIA Corp. | 142,641 | 4,473,222 |
Qorvo, Inc. * | 40,660 | 1,832,953 |
QUALCOMM, Inc. | 415,892 | 21,123,155 |
Skyworks Solutions, Inc. | 53,448 | 3,551,619 |
Texas Instruments, Inc. | 278,659 | 14,774,500 |
Xilinx, Inc. | 71,308 | 3,367,164 |
133,391,913 | ||
Software & Services 12.3% | ||
Accenture plc, Class A | 173,647 | 17,409,848 |
Activision Blizzard, Inc. | 143,595 | 4,547,654 |
Adobe Systems, Inc. * | 139,382 | 11,868,377 |
Akamai Technologies, Inc. * | 50,362 | 2,718,037 |
Alliance Data Systems Corp. * | 17,341 | 3,643,864 |
Alphabet, Inc., Class A * | 80,715 | 57,890,412 |
Alphabet, Inc., Class C * | 82,657 | 57,675,575 |
Security | Number of Shares | Value ($) |
Amdocs Ltd. | 42,681 | 2,422,574 |
ANSYS, Inc. * | 24,507 | 2,034,571 |
Autodesk, Inc. * | 62,869 | 3,252,842 |
Automatic Data Processing, Inc. | 128,231 | 10,859,883 |
Broadridge Financial Solutions, Inc. | 32,680 | 1,834,328 |
CA, Inc. | 87,532 | 2,563,812 |
Cadence Design Systems, Inc. * | 75,739 | 1,632,175 |
CDK Global, Inc. | 43,449 | 1,950,426 |
Citrix Systems, Inc. * | 42,897 | 3,030,673 |
Cognizant Technology Solutions Corp., Class A * | 168,017 | 9,573,609 |
Computer Sciences Corp. | 38,523 | 1,109,848 |
CoStar Group, Inc. * | 8,980 | 1,589,999 |
CSRA, Inc. | 38,523 | 999,672 |
eBay, Inc. * | 304,046 | 7,236,295 |
Electronic Arts, Inc. * | 87,036 | 5,591,193 |
Facebook, Inc., Class A * | 630,528 | 67,416,054 |
Fidelity National Information Services, Inc. | 78,301 | 4,561,033 |
FireEye, Inc. * | 33,490 | 567,321 |
Fiserv, Inc. * | 65,379 | 6,252,194 |
FleetCor Technologies, Inc. * | 20,415 | 2,606,791 |
Fortinet, Inc. * | 40,160 | 1,140,544 |
Gartner, Inc. * | 21,395 | 1,762,948 |
Global Payments, Inc. | 35,148 | 2,142,271 |
IAC/InterActiveCorp | 20,544 | 912,564 |
International Business Machines Corp. | 249,660 | 32,712,950 |
Intuit, Inc. | 72,868 | 7,041,964 |
Jack Henry & Associates, Inc. | 22,558 | 1,855,170 |
LinkedIn Corp., Class A * | 31,344 | 3,673,203 |
MasterCard, Inc., Class A | 276,258 | 24,012,345 |
Microsoft Corp. | 2,216,028 | 112,751,505 |
NetSuite, Inc. * | 12,313 | 743,951 |
Nuance Communications, Inc. * | 69,111 | 1,348,356 |
Oracle Corp. | 884,462 | 32,530,512 |
Paychex, Inc. | 86,327 | 4,436,345 |
PayPal Holdings, Inc. * | 304,046 | 11,596,314 |
Rackspace Hosting, Inc. * | 29,754 | 640,604 |
Red Hat, Inc. * | 51,263 | 3,350,037 |
Sabre Corp. | 52,927 | 1,436,968 |
salesforce.com, Inc. * | 172,894 | 11,713,568 |
ServiceNow, Inc. * | 42,922 | 2,360,281 |
Splunk, Inc. * | 34,450 | 1,502,020 |
SS&C Technologies Holdings, Inc. | 21,430 | 1,249,155 |
Symantec Corp. | 189,321 | 3,655,789 |
Synopsys, Inc. * | 42,505 | 1,902,099 |
Tableau Software, Inc., Class A * | 13,620 | 621,753 |
Teradata Corp. * | 34,231 | 854,063 |
The Western Union Co. | 135,767 | 2,479,105 |
Total System Services, Inc. | 45,286 | 1,973,564 |
Twitter, Inc. * | 170,214 | 3,084,278 |
Vantiv, Inc., Class A * | 43,897 | 2,284,400 |
VeriSign, Inc. * | 27,852 | 2,353,215 |
Visa, Inc., Class A | 539,908 | 39,083,940 |
VMware, Inc., Class A *(a) | 21,340 | 1,077,457 |
Workday, Inc., Class A * | 32,288 | 1,951,810 |
Xerox Corp. | 264,682 | 2,543,594 |
Yahoo! Inc. * | 243,493 | 7,740,642 |
625,358,344 |
Security | Number of Shares | Value ($) |
Technology Hardware & Equipment 5.2% | ||
Amphenol Corp., Class A | 84,766 | 4,498,532 |
Apple, Inc. | 1,545,068 | 149,392,625 |
Arrow Electronics, Inc. * | 26,830 | 1,533,603 |
Avnet, Inc. | 37,859 | 1,557,898 |
CDW Corp. | 38,690 | 1,531,350 |
Cisco Systems, Inc. | 1,407,157 | 36,839,370 |
CommScope Holding Co., Inc. * | 34,250 | 862,758 |
Corning, Inc. | 329,798 | 6,035,303 |
EMC Corp. | 537,027 | 14,032,516 |
F5 Networks, Inc. * | 20,285 | 1,950,808 |
Fitbit, Inc., Class A *(a) | 9,780 | 119,609 |
FLIR Systems, Inc. | 38,546 | 1,193,384 |
Harris Corp. | 33,943 | 2,648,233 |
Hewlett Packard Enterprise Co. | 490,994 | 6,515,490 |
HP, Inc. | 490,994 | 5,248,726 |
Jabil Circuit, Inc. | 51,221 | 1,067,958 |
Juniper Networks, Inc. | 97,144 | 2,399,457 |
Keysight Technologies, Inc. * | 45,780 | 1,194,400 |
Motorola Solutions, Inc. | 43,856 | 3,222,977 |
National Instruments Corp. | 42,796 | 1,234,665 |
NCR Corp. * | 43,602 | 1,018,543 |
NetApp, Inc. | 84,999 | 2,111,375 |
Palo Alto Networks, Inc. * | 19,160 | 2,774,176 |
SanDisk Corp. | 54,359 | 3,927,981 |
Seagate Technology plc | 83,002 | 2,602,943 |
TE Connectivity Ltd. | 107,998 | 6,147,246 |
Trimble Navigation Ltd. * | 77,126 | 1,793,951 |
Western Digital Corp. | 62,771 | 2,732,422 |
266,188,299 | ||
Telecommunication Services 2.7% | ||
AT&T, Inc. | 1,703,346 | 62,938,635 |
CenturyLink, Inc. | 154,204 | 4,717,100 |
Frontier Communications Corp. (a) | 353,272 | 1,911,202 |
Level 3 Communications, Inc. * | 78,632 | 3,817,584 |
SBA Communications Corp., Class A * | 33,715 | 3,199,216 |
Sprint Corp. *(a) | 225,143 | 774,492 |
T-Mobile US, Inc. * | 76,829 | 2,850,356 |
Verizon Communications, Inc. | 1,127,340 | 57,189,958 |
Zayo Group Holdings, Inc. * | 11,612 | 274,972 |
137,673,515 | ||
Transportation 2.2% | ||
Alaska Air Group, Inc. | 34,250 | 2,531,075 |
AMERCO | 1,500 | 514,215 |
American Airlines Group, Inc. | 183,174 | 7,510,134 |
Avis Budget Group, Inc. * | 28,236 | 723,971 |
C.H. Robinson Worldwide, Inc. | 41,188 | 2,876,158 |
CSX Corp. | 272,331 | 6,574,070 |
Delta Air Lines, Inc. | 216,437 | 10,440,921 |
Expeditors International of Washington, Inc. | 50,461 | 2,310,105 |
FedEx Corp. | 71,837 | 9,833,049 |
Genesee & Wyoming, Inc., Class A * | 18,846 | 1,068,945 |
Hertz Global Holdings, Inc. * | 110,605 | 940,142 |
J.B. Hunt Transport Services, Inc. | 24,622 | 1,878,412 |
JetBlue Airways Corp. * | 85,060 | 1,871,320 |
Kansas City Southern | 32,956 | 2,692,835 |
Security | Number of Shares | Value ($) |
Kirby Corp. * | 15,716 | 889,683 |
Macquarie Infrastructure Corp. | 20,230 | 1,235,041 |
Norfolk Southern Corp. | 81,776 | 5,983,550 |
Old Dominion Freight Line, Inc. * | 20,030 | 1,293,137 |
Southwest Airlines Co. | 180,709 | 7,580,743 |
Union Pacific Corp. | 237,364 | 18,718,525 |
United Continental Holdings, Inc. * | 102,883 | 5,891,081 |
United Parcel Service, Inc., Class B | 192,108 | 18,548,027 |
111,905,139 | ||
Utilities 3.4% | ||
AES Corp. | 198,119 | 1,941,566 |
AGL Resources, Inc. | 31,711 | 2,050,116 |
Alliant Energy Corp. | 38,708 | 2,630,209 |
Ameren Corp. | 67,075 | 3,149,171 |
American Electric Power Co., Inc. | 134,733 | 8,319,763 |
American Water Works Co., Inc. | 47,280 | 3,064,690 |
Aqua America, Inc. | 46,995 | 1,436,637 |
Atmos Energy Corp. | 27,840 | 1,932,374 |
Calpine Corp. * | 130,106 | 1,634,131 |
CenterPoint Energy, Inc. | 118,239 | 2,202,793 |
CMS Energy Corp. | 73,591 | 2,911,260 |
Consolidated Edison, Inc. | 82,479 | 5,774,355 |
Dominion Resources, Inc. | 166,388 | 11,633,849 |
DTE Energy Co. | 48,361 | 4,068,127 |
Duke Energy Corp. | 188,155 | 13,976,153 |
Edison International | 89,302 | 6,086,824 |
Entergy Corp. | 49,551 | 3,578,078 |
Eversource Energy | 84,702 | 4,599,319 |
Exelon Corp. | 262,066 | 8,252,458 |
FirstEnergy Corp. | 119,160 | 3,988,285 |
ITC Holdings Corp. | 42,501 | 1,726,816 |
National Fuel Gas Co. | 22,312 | 1,019,212 |
NextEra Energy, Inc. | 127,892 | 14,428,775 |
NiSource, Inc. | 85,350 | 1,833,318 |
NRG Energy, Inc. | 59,716 | 643,738 |
OGE Energy Corp. | 53,472 | 1,330,383 |
Pepco Holdings, Inc. | 65,823 | 1,723,246 |
PG&E Corp. | 134,913 | 7,653,615 |
Pinnacle West Capital Corp. | 29,161 | 2,007,152 |
PPL Corp. | 181,308 | 6,343,967 |
Public Service Enterprise Group, Inc. | 136,103 | 5,806,154 |
SCANA Corp. | 38,386 | 2,495,858 |
Sempra Energy | 65,969 | 6,366,668 |
TECO Energy, Inc. | 74,382 | 2,043,274 |
The Southern Co. | 257,538 | 12,408,181 |
UGI Corp. | 50,255 | 1,857,425 |
WEC Energy Group, Inc. | 85,192 | 4,800,569 |
Westar Energy, Inc. | 37,918 | 1,647,916 |
Xcel Energy, Inc. | 147,513 | 5,832,664 |
175,199,089 | ||
Total Common Stock | ||
(Cost $4,817,090,332) | 5,090,346,624 | |
Security | Number of Shares | Value ($) |
Other Investment Companies 0.6% of net assets | ||
Money Market Fund 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.24% (c) | 4,224,273 | 4,224,273 |
Securities Lending Collateral 0.5% | ||
Wells Fargo Advantage Government Money Market Fund, Institutional Class 0.16% (c) | 26,305,414 | 26,305,414 |
Total Other Investment Companies | ||
(Cost $30,529,687) | 30,529,687 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $25,440,741. |
(b) | Issuer is affiliated with the fund's investment adviser. |
(c) | The rate shown is the 7-day yield. |
(d) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/18/16 | 160 | 15,436,000 | 468,941 |
Holdings by Category | Cost ($) | Value ($) | |
99.8% | Common Stock | 2,259,214,126 | 2,395,350,525 |
0.8% | Other Investment Companies | 18,803,361 | 18,803,361 |
100.6% | Total Investments | 2,278,017,487 | 2,414,153,886 |
(0.6%) | Other Assets and Liabilities, Net | (14,270,281) | |
100.0% | Net Assets | 2,399,883,605 |
Security | Number of Shares | Value ($) |
Common Stock 99.8% of net assets | ||
Automobiles & Components 0.5% | ||
BorgWarner, Inc. | 60,780 | 1,986,291 |
Lear Corp. | 19,751 | 2,001,764 |
Tesla Motors, Inc. *(a) | 26,966 | 5,175,584 |
The Goodyear Tire & Rubber Co. | 73,502 | 2,213,880 |
11,377,519 | ||
Banks 0.3% | ||
CIT Group, Inc. | 46,341 | 1,381,425 |
East West Bancorp, Inc. | 37,228 | 1,115,723 |
Signature Bank * | 13,131 | 1,701,121 |
SVB Financial Group * | 13,462 | 1,196,099 |
Zions Bancorp | 57,443 | 1,224,685 |
6,619,053 | ||
Capital Goods 6.2% | ||
3M Co. | 165,778 | 26,005,595 |
A.O. Smith Corp. | 19,985 | 1,406,544 |
Acuity Brands, Inc. | 12,026 | 2,518,605 |
Allegion plc | 25,058 | 1,578,654 |
AMETEK, Inc. | 65,392 | 3,034,843 |
B/E Aerospace, Inc. | 29,068 | 1,267,946 |
Carlisle Cos., Inc. | 17,066 | 1,538,671 |
Caterpillar, Inc. | 157,987 | 10,695,720 |
Chicago Bridge & Iron Co. N.V. | 25,484 | 854,733 |
Colfax Corp. * | 26,626 | 673,904 |
Cummins, Inc. | 44,575 | 4,349,183 |
Danaher Corp. | 159,788 | 14,264,275 |
Deere & Co. | 84,165 | 6,748,350 |
Donaldson Co., Inc. | 33,434 | 944,176 |
Dover Corp. | 40,804 | 2,480,067 |
Fastenal Co. | 76,132 | 3,448,018 |
Flowserve Corp. | 36,414 | 1,530,116 |
Security | Number of Shares | Value ($) |
Fortune Brands Home & Security, Inc. | 42,265 | 2,122,548 |
HD Supply Holdings, Inc. * | 48,446 | 1,346,314 |
IDEX Corp. | 21,258 | 1,597,751 |
Jacobs Engineering Group, Inc. * | 34,219 | 1,322,564 |
Lincoln Electric Holdings, Inc. | 18,284 | 997,758 |
MSC Industrial Direct Co., Inc., Class A | 13,387 | 931,468 |
Nordson Corp. | 16,290 | 1,167,504 |
PACCAR, Inc. | 93,942 | 4,838,013 |
Pentair plc | 48,096 | 2,294,660 |
Quanta Services, Inc. * | 43,270 | 877,948 |
Roper Technologies, Inc. | 27,479 | 4,614,549 |
Sensata Technologies Holding N.V. * | 46,982 | 1,602,556 |
Snap-on, Inc. | 16,027 | 2,318,626 |
SolarCity Corp. *(a) | 15,708 | 289,499 |
Spirit AeroSystems Holdings, Inc., Class A * | 33,821 | 1,555,766 |
Stanley Black & Decker, Inc. | 39,287 | 3,693,371 |
Textron, Inc. | 73,925 | 2,524,539 |
The Boeing Co. | 169,832 | 20,070,746 |
The Middleby Corp. * | 15,637 | 1,447,986 |
TransDigm Group, Inc. * | 14,514 | 3,099,900 |
United Rentals, Inc. * | 24,611 | 1,269,189 |
W.W. Grainger, Inc. | 15,235 | 3,304,472 |
WABCO Holdings, Inc. * | 14,526 | 1,369,802 |
Wabtec Corp. | 26,205 | 1,850,073 |
149,847,002 | ||
Commercial & Professional Services 1.1% | ||
Cintas Corp. | 21,528 | 1,808,137 |
Copart, Inc. * | 31,491 | 1,188,785 |
Equifax, Inc. | 31,748 | 3,329,730 |
IHS, Inc., Class A * | 18,321 | 1,905,201 |
ManpowerGroup, Inc. | 19,402 | 1,502,491 |
Nielsen Holdings plc | 96,689 | 4,867,324 |
Robert Half International, Inc. | 36,348 | 1,431,748 |
Rollins, Inc. | 27,118 | 746,558 |
Stericycle, Inc. * | 23,249 | 2,648,759 |
The Dun & Bradstreet Corp. | 9,381 | 898,606 |
Verisk Analytics, Inc. * | 41,772 | 3,042,672 |
Waste Connections, Inc. | 34,646 | 2,136,619 |
25,506,630 | ||
Consumer Durables & Apparel 2.6% | ||
Carter's, Inc. | 14,503 | 1,473,940 |
D.R. Horton, Inc. | 87,298 | 2,332,602 |
GoPro, Inc., Class A *(a) | 25,452 | 302,370 |
Hanesbrands, Inc. | 104,590 | 2,979,769 |
Harman International Industries, Inc. | 18,838 | 1,444,498 |
Jarden Corp. * | 55,070 | 2,912,101 |
Lennar Corp., B Shares | 2,848 | 96,006 |
Lennar Corp., Class A | 46,905 | 1,967,196 |
lululemon athletica, Inc. * | 30,464 | 1,911,007 |
Michael Kors Holdings Ltd. * | 51,105 | 2,895,098 |
Mohawk Industries, Inc. * | 17,108 | 3,074,821 |
NIKE, Inc., Class B | 362,970 | 22,355,322 |
NVR, Inc. * | 1,013 | 1,658,281 |
Security | Number of Shares | Value ($) |
Polaris Industries, Inc. | 16,100 | 1,415,351 |
PVH Corp. | 22,304 | 1,765,361 |
Ralph Lauren Corp. | 16,393 | 1,487,829 |
Skechers U.S.A., Inc., Class A * | 35,928 | 1,182,750 |
Toll Brothers, Inc. * | 44,388 | 1,218,451 |
Under Armour, Inc., Class A * | 47,992 | 4,016,450 |
VF Corp. | 91,197 | 5,937,837 |
62,427,040 | ||
Consumer Services 2.6% | ||
Chipotle Mexican Grill, Inc. * | 8,309 | 4,230,610 |
Domino's Pizza, Inc. | 14,271 | 1,898,614 |
Dunkin' Brands Group, Inc. | 24,083 | 1,121,786 |
Extended Stay America, Inc. | 23,011 | 340,103 |
Hilton Worldwide Holdings, Inc. | 142,732 | 2,965,971 |
Hyatt Hotels Corp., Class A * | 8,189 | 377,922 |
Las Vegas Sands Corp. | 98,821 | 4,771,078 |
Marriott International, Inc., Class A (a) | 53,384 | 3,638,120 |
Norwegian Cruise Line Holdings Ltd. * | 44,052 | 2,164,275 |
Royal Caribbean Cruises Ltd. | 45,899 | 3,413,509 |
Starbucks Corp. | 400,387 | 23,306,527 |
Starwood Hotels & Resorts Worldwide, Inc. | 45,215 | 3,124,809 |
Wynn Resorts Ltd. (a) | 21,026 | 1,734,224 |
Yum! Brands, Inc. | 110,247 | 7,989,600 |
61,077,148 | ||
Diversified Financials 6.5% | ||
Affiliated Managers Group, Inc. * | 14,522 | 2,014,056 |
Ally Financial, Inc. * | 116,332 | 2,045,117 |
American Express Co. | 225,842 | 12,552,298 |
Ameriprise Financial, Inc. | 47,900 | 4,021,205 |
Berkshire Hathaway, Inc., Class B * | 505,310 | 67,797,443 |
BlackRock, Inc. | 33,876 | 10,567,957 |
E*TRADE Financial Corp. * | 80,954 | 1,899,181 |
FactSet Research Systems, Inc. | 11,267 | 1,695,571 |
Franklin Resources, Inc. | 100,709 | 3,610,418 |
Intercontinental Exchange, Inc. | 32,241 | 7,688,189 |
LendingClub Corp. * | 53,739 | 469,141 |
Leucadia National Corp. | 91,061 | 1,315,831 |
LPL Financial Holdings, Inc. (a) | 20,123 | 407,088 |
McGraw Hill Financial, Inc. | 73,551 | 6,600,467 |
Moody's Corp. | 46,151 | 4,098,209 |
Morgan Stanley | 409,209 | 10,107,462 |
MSCI, Inc. | 24,924 | 1,757,640 |
OneMain Holdings, Inc. * | 11,021 | 248,744 |
Raymond James Financial, Inc. | 35,750 | 1,567,280 |
SEI Investments Co. | 37,870 | 1,445,498 |
T. Rowe Price Group, Inc. | 67,328 | 4,653,038 |
TD Ameritrade Holding Corp. | 72,890 | 2,083,196 |
The Charles Schwab Corp. (b) | 323,754 | 8,110,038 |
156,755,067 | ||
Energy 4.0% | ||
Anadarko Petroleum Corp. | 139,388 | 5,289,775 |
Antero Resources Corp. *(a) | 20,162 | 460,702 |
Baker Hughes, Inc. | 116,374 | 4,988,953 |
Cabot Oil & Gas Corp. | 111,515 | 2,244,797 |
Security | Number of Shares | Value ($) |
Cameron International Corp. * | 50,971 | 3,341,659 |
Cheniere Energy, Inc. * | 61,596 | 2,202,057 |
Cimarex Energy Co. | 25,294 | 2,125,455 |
Concho Resources, Inc. * | 34,672 | 3,128,801 |
Continental Resources, Inc. *(a) | 23,554 | 545,982 |
Core Laboratories N.V. (a) | 11,154 | 1,170,501 |
Devon Energy Corp. | 137,650 | 2,708,952 |
EOG Resources, Inc. | 146,847 | 9,506,875 |
EQT Corp. | 40,198 | 2,240,636 |
FMC Technologies, Inc. * | 62,608 | 1,535,774 |
Halliburton Co. | 229,308 | 7,402,062 |
Hess Corp. | 65,727 | 2,865,697 |
HollyFrontier Corp. | 50,200 | 1,697,764 |
National Oilwell Varco, Inc. | 103,830 | 3,039,104 |
Noble Energy, Inc. | 118,148 | 3,485,366 |
Oceaneering International, Inc. | 25,572 | 706,299 |
Pioneer Natural Resources Co. | 44,087 | 5,313,806 |
Range Resources Corp. (a) | 44,660 | 1,059,782 |
Schlumberger Ltd. | 340,459 | 24,417,719 |
Southwestern Energy Co. *(a) | 101,703 | 587,843 |
Tesoro Corp. | 32,772 | 2,644,045 |
Weatherford International plc * | 206,709 | 1,322,938 |
Whiting Petroleum Corp. * | 49,854 | 199,915 |
96,233,259 | ||
Food & Staples Retailing 2.9% | ||
Costco Wholesale Corp. | 117,567 | 17,638,577 |
CVS Health Corp. | 298,608 | 29,015,739 |
Rite Aid Corp. * | 284,835 | 2,264,438 |
Walgreens Boots Alliance, Inc. | 235,415 | 18,583,660 |
Whole Foods Market, Inc. | 90,634 | 2,837,751 |
70,340,165 | ||
Food, Beverage & Tobacco 1.4% | ||
Brown-Forman Corp., Class A | 8,784 | 936,286 |
Brown-Forman Corp., Class B | 26,634 | 2,622,650 |
Constellation Brands, Inc., Class A | 46,521 | 6,579,465 |
Keurig Green Mountain, Inc. | 31,930 | 2,935,644 |
Mead Johnson Nutrition Co. | 52,555 | 3,876,457 |
Monster Beverage Corp. * | 40,380 | 5,067,690 |
The Hain Celestial Group, Inc. * | 29,006 | 1,072,352 |
The Hershey Co. | 39,628 | 3,601,789 |
The WhiteWave Foods Co. * | 47,664 | 1,845,550 |
Tyson Foods, Inc., Class A | 79,401 | 5,141,215 |
33,679,098 | ||
Health Care Equipment & Services 7.9% | ||
Aetna, Inc. | 94,298 | 10,243,592 |
AmerisourceBergen Corp. | 52,022 | 4,506,146 |
Becton Dickinson & Co. | 56,442 | 8,322,373 |
C.R. Bard, Inc. | 20,372 | 3,919,165 |
Centene Corp. * | 32,892 | 1,873,528 |
Cerner Corp. * | 82,448 | 4,209,795 |
Cigna Corp. | 69,529 | 9,706,944 |
Community Health Systems, Inc. * | 31,623 | 478,140 |
DaVita HealthCare Partners, Inc. * | 45,371 | 2,993,125 |
DENTSPLY International, Inc. | 38,328 | 2,336,475 |
DexCom, Inc. * | 21,105 | 1,373,091 |
Edwards Lifesciences Corp. * | 58,249 | 5,067,663 |
Envision Healthcare Holdings, Inc. * | 48,635 | 1,069,484 |
Security | Number of Shares | Value ($) |
Express Scripts Holding Co. * | 182,365 | 12,834,849 |
HCA Holdings, Inc. * | 84,439 | 5,844,023 |
Henry Schein, Inc. * | 22,368 | 3,700,785 |
Hologic, Inc. * | 64,478 | 2,232,873 |
Humana, Inc. | 39,664 | 7,019,338 |
IDEXX Laboratories, Inc. * | 24,692 | 1,806,467 |
Intuitive Surgical, Inc. * | 10,009 | 5,635,667 |
Laboratory Corp. of America Holdings * | 27,517 | 3,022,467 |
McKesson Corp. | 62,100 | 9,664,002 |
MEDNAX, Inc. * | 26,445 | 1,772,873 |
Medtronic plc | 379,459 | 29,366,332 |
Premier, Inc., Class A * | 11,455 | 372,517 |
ResMed, Inc. | 37,582 | 2,138,792 |
Sirona Dental Systems, Inc. *(d) | 15,111 | 1,671,180 |
Stryker Corp. | 84,960 | 8,485,805 |
Tenet Healthcare Corp. * | 26,048 | 646,511 |
The Cooper Cos., Inc. | 13,304 | 1,901,940 |
UnitedHealth Group, Inc. | 256,479 | 30,546,649 |
Universal Health Services, Inc., Class B | 25,120 | 2,772,494 |
Varian Medical Systems, Inc. * | 27,417 | 2,144,558 |
189,679,643 | ||
Household & Personal Products 0.4% | ||
Church & Dwight Co., Inc. | 35,444 | 3,216,897 |
Herbalife Ltd. *(a) | 17,302 | 947,285 |
Spectrum Brands Holdings, Inc. | 6,795 | 650,757 |
The Estee Lauder Cos., Inc., Class A | 59,794 | 5,460,986 |
10,275,925 | ||
Insurance 0.9% | ||
Alleghany Corp. * | 4,314 | 2,001,610 |
Aon plc | 73,885 | 7,040,502 |
Arch Capital Group Ltd. * | 32,435 | 2,203,634 |
Erie Indemnity Co., Class A | 6,545 | 615,295 |
Everest Re Group Ltd. | 12,038 | 2,240,633 |
Markel Corp. * | 3,752 | 3,214,376 |
PartnerRe Ltd. | 13,034 | 1,828,279 |
RenaissanceRe Holdings Ltd. | 11,038 | 1,249,501 |
W.R. Berkley Corp. | 27,056 | 1,393,384 |
21,787,214 | ||
Materials 2.6% | ||
Airgas, Inc. | 17,285 | 2,446,173 |
Axalta Coating Systems Ltd. * | 38,415 | 997,253 |
Ball Corp. | 36,669 | 2,428,588 |
CF Industries Holdings, Inc. | 62,302 | 2,271,531 |
Crown Holdings, Inc. * | 38,158 | 1,787,702 |
Ecolab, Inc. | 71,911 | 7,374,473 |
FMC Corp. | 35,214 | 1,325,455 |
GCP Applied Technologies, Inc. * | 19,405 | 344,051 |
Martin Marietta Materials, Inc. | 17,869 | 2,548,477 |
Monsanto Co. | 118,253 | 10,641,588 |
Packaging Corp. of America | 26,580 | 1,289,130 |
PPG Industries, Inc. | 72,282 | 6,977,381 |
Praxair, Inc. | 76,713 | 7,808,616 |
The Sherwin-Williams Co. | 21,104 | 5,708,632 |
The Valspar Corp. | 20,183 | 1,579,118 |
Security | Number of Shares | Value ($) |
Vulcan Materials Co. | 36,919 | 3,637,629 |
W.R. Grace & Co. * | 19,405 | 1,333,900 |
WestRock Co. | 68,787 | 2,322,937 |
62,822,634 | ||
Media 5.0% | ||
AMC Networks, Inc., Class A * | 16,285 | 1,067,319 |
Charter Communications, Inc., Class A *(a) | 20,620 | 3,702,527 |
Comcast Corp., Class A | 657,804 | 37,975,025 |
Discovery Communications, Inc., Class A * | 39,366 | 984,150 |
Discovery Communications, Inc., Class C * | 72,774 | 1,793,879 |
DISH Network Corp., Class A * | 60,726 | 2,862,016 |
Liberty Broadband Corp., Class A * | 8,422 | 423,542 |
Liberty Broadband Corp., Class C * | 16,422 | 827,176 |
Liberty Global plc, Class A * | 69,354 | 2,555,001 |
Liberty Global plc, Series C * | 165,132 | 5,938,147 |
Liberty Media Corp., Class A * | 25,654 | 913,795 |
Liberty Media Corp., Class C * | 53,191 | 1,856,366 |
Lions Gate Entertainment Corp. | 24,283 | 512,371 |
MSG Networks, Inc., Class A * | 16,630 | 273,065 |
Scripps Networks Interactive, Inc., Class A | 25,516 | 1,511,568 |
Sirius XM Holdings, Inc. * | 600,012 | 2,232,045 |
The Walt Disney Co. | 410,403 | 39,201,695 |
Time Warner Cable, Inc. | 76,717 | 14,642,207 |
119,271,894 | ||
Pharmaceuticals, Biotechnology & Life Sciences 9.1% | ||
Agilent Technologies, Inc. | 89,967 | 3,360,267 |
Alexion Pharmaceuticals, Inc. * | 60,720 | 8,549,376 |
Alkermes plc * | 39,230 | 1,265,952 |
Allergan plc * | 106,496 | 30,895,555 |
Alnylam Pharmaceuticals, Inc. * | 19,788 | 1,158,983 |
Amgen, Inc. | 204,111 | 29,040,913 |
Anacor Pharmaceuticals, Inc. * | 11,544 | 736,276 |
Biogen, Inc. * | 59,968 | 15,556,899 |
BioMarin Pharmaceutical, Inc. * | 43,589 | 3,568,631 |
Celgene Corp. * | 211,650 | 21,340,669 |
Endo International plc * | 56,487 | 2,361,721 |
Gilead Sciences, Inc. | 389,376 | 33,973,056 |
Illumina, Inc. * | 39,103 | 5,874,835 |
Incyte Corp. * | 45,316 | 3,330,726 |
Ionis Pharmaceuticals, Inc. * | 32,649 | 1,128,349 |
Jazz Pharmaceuticals plc * | 16,842 | 2,047,650 |
Mallinckrodt plc * | 31,432 | 2,044,023 |
Medivation, Inc. * | 42,562 | 1,522,443 |
Mettler-Toledo International, Inc. * | 7,379 | 2,323,721 |
Mylan N.V. * | 111,023 | 5,003,807 |
OPKO Health, Inc. *(a) | 89,786 | 835,010 |
Perrigo Co., plc | 39,411 | 4,975,639 |
Regeneron Pharmaceuticals, Inc. * | 20,960 | 8,049,059 |
Seattle Genetics, Inc. * | 29,551 | 892,145 |
Thermo Fisher Scientific, Inc. | 107,926 | 13,942,960 |
United Therapeutics Corp. * | 11,957 | 1,458,037 |
Vertex Pharmaceuticals, Inc. * | 66,851 | 5,715,092 |
Security | Number of Shares | Value ($) |
Waters Corp. * | 22,028 | 2,650,189 |
Zoetis, Inc. | 122,052 | 5,011,455 |
218,613,438 | ||
Real Estate 3.9% | ||
American Campus Communities, Inc. | 29,179 | 1,277,165 |
American Tower Corp. | 114,104 | 10,520,389 |
AvalonBay Communities, Inc. | 37,183 | 6,382,090 |
Boston Properties, Inc. | 41,773 | 4,767,970 |
CBRE Group, Inc., Class A * | 75,853 | 1,927,425 |
Crown Castle International Corp. | 90,765 | 7,851,172 |
Digital Realty Trust, Inc. | 38,826 | 3,069,972 |
Equinix, Inc. | 18,593 | 5,646,508 |
Essex Property Trust, Inc. | 17,589 | 3,681,026 |
Extra Space Storage, Inc. | 33,965 | 2,790,225 |
Federal Realty Investment Trust | 18,615 | 2,756,137 |
Jones Lang LaSalle, Inc. | 12,234 | 1,248,724 |
Mid-America Apartment Communities, Inc. | 19,988 | 1,797,721 |
Public Storage | 39,776 | 9,923,714 |
Realogy Holdings Corp. * | 38,532 | 1,231,868 |
Simon Property Group, Inc. | 83,664 | 15,873,571 |
SL Green Realty Corp. | 27,496 | 2,424,597 |
Taubman Centers, Inc. | 16,235 | 1,149,763 |
Ventas, Inc. | 89,409 | 4,977,399 |
Vornado Realty Trust | 46,650 | 4,028,694 |
93,326,130 | ||
Retailing 9.6% | ||
Advance Auto Parts, Inc. | 19,530 | 2,899,033 |
Amazon.com, Inc. * | 103,682 | 57,286,379 |
AutoNation, Inc. * | 20,593 | 1,059,922 |
AutoZone, Inc. * | 8,173 | 6,330,561 |
Bed Bath & Beyond, Inc. * | 43,551 | 2,088,270 |
CarMax, Inc. * | 55,699 | 2,576,636 |
Dick's Sporting Goods, Inc. | 25,716 | 1,092,158 |
Dollar General Corp. | 78,809 | 5,851,568 |
Dollar Tree, Inc. * | 63,259 | 5,076,535 |
Expedia, Inc. | 31,487 | 3,278,112 |
L Brands, Inc. | 68,532 | 5,810,828 |
Liberty Interactive Corp. QVC Group, Class A * | 126,552 | 3,211,890 |
Liberty Ventures, Series A * | 34,395 | 1,261,953 |
LKQ Corp. * | 81,321 | 2,244,460 |
Lowe's Cos., Inc. | 246,650 | 16,656,274 |
Netflix, Inc. * | 115,783 | 10,815,290 |
Nordstrom, Inc. (a) | 37,690 | 1,934,251 |
O'Reilly Automotive, Inc. * | 26,624 | 6,930,760 |
Ross Stores, Inc. | 109,660 | 6,029,107 |
Sally Beauty Holdings, Inc. * | 42,805 | 1,351,782 |
Signet Jewelers Ltd. | 21,136 | 2,291,142 |
The Home Depot, Inc. | 342,431 | 42,502,536 |
The Priceline Group, Inc. * | 13,445 | 17,010,748 |
The TJX Cos., Inc. | 180,202 | 13,352,968 |
Tiffany & Co. | 29,655 | 1,926,982 |
Tractor Supply Co. | 36,257 | 3,066,254 |
TripAdvisor, Inc. * | 31,088 | 1,946,109 |
Ulta Salon, Cosmetics & Fragrance, Inc. * | 17,385 | 2,871,828 |
Security | Number of Shares | Value ($) |
Urban Outfitters, Inc. * | 22,209 | 588,316 |
Williams-Sonoma, Inc. | 23,254 | 1,211,766 |
230,554,418 | ||
Semiconductors & Semiconductor Equipment 2.1% | ||
Broadcom Ltd. | 104,575 | 14,009,913 |
Lam Research Corp. | 43,288 | 3,173,010 |
Micron Technology, Inc. * | 293,344 | 3,118,247 |
NVIDIA Corp. | 137,616 | 4,315,638 |
Qorvo, Inc. * | 37,506 | 1,690,770 |
QUALCOMM, Inc. | 404,182 | 20,528,404 |
Skyworks Solutions, Inc. | 51,940 | 3,451,413 |
50,287,395 | ||
Software & Services 18.2% | ||
Accenture plc, Class A | 168,023 | 16,845,986 |
Activision Blizzard, Inc. | 135,296 | 4,284,824 |
Adobe Systems, Inc. * | 134,833 | 11,481,030 |
Akamai Technologies, Inc. * | 48,722 | 2,629,526 |
Alliance Data Systems Corp. * | 16,159 | 3,395,491 |
Alphabet, Inc., Class A * | 78,702 | 56,446,649 |
Alphabet, Inc., Class C * | 80,023 | 55,837,649 |
ANSYS, Inc. * | 25,142 | 2,087,289 |
Autodesk, Inc. * | 61,396 | 3,176,629 |
Automatic Data Processing, Inc. | 122,788 | 10,398,916 |
Cadence Design Systems, Inc. * | 80,522 | 1,735,249 |
CDK Global, Inc. | 43,781 | 1,965,329 |
Citrix Systems, Inc. * | 41,094 | 2,903,291 |
Cognizant Technology Solutions Corp., Class A * | 163,047 | 9,290,418 |
CoStar Group, Inc. * | 8,841 | 1,565,388 |
eBay, Inc. * | 295,736 | 7,038,517 |
Electronic Arts, Inc. * | 83,408 | 5,358,130 |
Facebook, Inc., Class A * | 612,651 | 65,504,645 |
Fidelity National Information Services, Inc. | 74,849 | 4,359,954 |
FireEye, Inc. * | 34,965 | 592,307 |
Fiserv, Inc. * | 63,045 | 6,028,993 |
FleetCor Technologies, Inc. * | 21,039 | 2,686,470 |
Fortinet, Inc. * | 38,802 | 1,101,977 |
Gartner, Inc. * | 23,301 | 1,920,003 |
Global Payments, Inc. | 35,338 | 2,153,851 |
IAC/InterActiveCorp | 21,507 | 955,341 |
Intuit, Inc. | 70,544 | 6,817,372 |
Jack Henry & Associates, Inc. | 22,289 | 1,833,047 |
LinkedIn Corp., Class A * | 31,123 | 3,647,304 |
MasterCard, Inc., Class A | 266,758 | 23,186,605 |
NetSuite, Inc. * | 10,747 | 649,334 |
Nuance Communications, Inc. * | 70,891 | 1,383,084 |
Oracle Corp. | 862,037 | 31,705,721 |
PayPal Holdings, Inc. * | 300,248 | 11,451,459 |
Rackspace Hosting, Inc. * | 32,066 | 690,381 |
Red Hat, Inc. * | 50,208 | 3,281,093 |
Sabre Corp. | 45,916 | 1,246,619 |
salesforce.com, Inc. * | 167,552 | 11,351,648 |
ServiceNow, Inc. * | 39,980 | 2,198,500 |
Splunk, Inc. * | 35,122 | 1,531,319 |
SS&C Technologies Holdings, Inc. | 21,860 | 1,274,219 |
Synopsys, Inc. * | 40,688 | 1,820,788 |
Tableau Software, Inc., Class A * | 14,709 | 671,466 |
Security | Number of Shares | Value ($) |
Teradata Corp. * | 36,952 | 921,952 |
Twitter, Inc. * | 158,602 | 2,873,868 |
Vantiv, Inc., Class A * | 42,735 | 2,223,930 |
VeriSign, Inc. * | 26,414 | 2,231,719 |
Visa, Inc., Class A | 525,223 | 38,020,893 |
VMware, Inc., Class A *(a) | 20,911 | 1,055,796 |
Workday, Inc., Class A * | 29,763 | 1,799,173 |
435,611,142 | ||
Technology Hardware & Equipment 7.6% | ||
Amphenol Corp., Class A | 83,609 | 4,437,130 |
Apple, Inc. | 1,504,046 | 145,426,208 |
CDW Corp. | 39,329 | 1,556,642 |
CommScope Holding Co., Inc. * | 31,744 | 799,631 |
EMC Corp. | 524,993 | 13,718,067 |
F5 Networks, Inc. * | 19,562 | 1,881,278 |
Fitbit, Inc., Class A *(a) | 13,237 | 161,888 |
FLIR Systems, Inc. | 39,451 | 1,221,403 |
Juniper Networks, Inc. | 96,333 | 2,379,425 |
National Instruments Corp. | 27,374 | 789,740 |
NetApp, Inc. | 78,707 | 1,955,082 |
Palo Alto Networks, Inc. * | 19,475 | 2,819,785 |
SanDisk Corp. | 54,465 | 3,935,641 |
Trimble Navigation Ltd. * | 68,800 | 1,600,288 |
182,682,208 | ||
Telecommunication Services 0.4% | ||
Level 3 Communications, Inc. * | 77,125 | 3,744,419 |
SBA Communications Corp., Class A * | 34,204 | 3,245,617 |
T-Mobile US, Inc. * | 74,680 | 2,770,628 |
9,760,664 | ||
Transportation 3.9% | ||
Alaska Air Group, Inc. | 33,111 | 2,446,903 |
AMERCO | 1,474 | 505,302 |
American Airlines Group, Inc. | 170,586 | 6,994,026 |
Avis Budget Group, Inc. * | 29,610 | 759,200 |
C.H. Robinson Worldwide, Inc. | 39,263 | 2,741,735 |
Delta Air Lines, Inc. | 211,844 | 10,219,355 |
FedEx Corp. | 70,908 | 9,705,887 |
Genesee & Wyoming, Inc., Class A * | 14,099 | 799,695 |
Hertz Global Holdings, Inc. * | 109,802 | 933,317 |
J.B. Hunt Transport Services, Inc. | 24,261 | 1,850,872 |
JetBlue Airways Corp. * | 87,675 | 1,928,850 |
Kansas City Southern | 29,317 | 2,395,492 |
Kirby Corp. * | 15,687 | 888,041 |
Macquarie Infrastructure Corp. | 19,108 | 1,166,543 |
Old Dominion Freight Line, Inc. * | 18,202 | 1,175,121 |
Southwest Airlines Co. | 174,992 | 7,340,915 |
Union Pacific Corp. | 230,803 | 18,201,125 |
United Continental Holdings, Inc. * | 101,355 | 5,803,587 |
United Parcel Service, Inc., Class B | 188,595 | 18,208,847 |
94,064,813 |
Security | Number of Shares | Value ($) |
Utilities 0.1% | ||
Calpine Corp. * | 84,570 | 1,062,199 |
ITC Holdings Corp. | 41,566 | 1,688,827 |
2,751,026 | ||
Total Common Stock | ||
(Cost $2,259,214,126) | 2,395,350,525 | |
Other Investment Companies 0.8% of net assets | ||
Money Market Fund 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.24% (c) | 1,803,391 | 1,803,391 |
Securities Lending Collateral 0.7% | ||
Wells Fargo Advantage Government Money Market Fund, Institutional Class 0.16% (c) | 16,999,970 | 16,999,970 |
Total Other Investment Companies | ||
(Cost $18,803,361) | 18,803,361 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $16,423,687. |
(b) | Issuer is affiliated with the fund's investment adviser. |
(c) | The rate shown is the 7-day yield. |
(d) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
ETF — | Exchange-traded fund |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/18/16 | 40 | 3,859,000 | 89,970 |
Holdings by Category | Cost ($) | Value ($) | |
99.5% | Common Stock | 1,732,651,952 | 1,762,289,788 |
0.4% | Other Investment Companies | 7,243,358 | 7,243,358 |
99.9% | Total Investments | 1,739,895,310 | 1,769,533,146 |
0.1% | Other Assets and Liabilities, Net | 1,134,043 | |
100.0% | Net Assets | 1,770,667,189 |
Security | Number of Shares | Value ($) |
Common Stock 99.5% of net assets | ||
Automobiles & Components 1.6% | ||
Autoliv, Inc. (a) | 16,070 | 1,707,116 |
Delphi Automotive plc | 52,517 | 3,501,834 |
Ford Motor Co. | 728,316 | 9,111,233 |
General Motors Co. | 262,541 | 7,729,207 |
Harley-Davidson, Inc. | 35,436 | 1,529,772 |
Johnson Controls, Inc. | 120,739 | 4,402,144 |
27,981,306 | ||
Banks 9.6% | ||
Bank of America Corp. | 1,935,040 | 24,226,701 |
BB&T Corp. | 145,918 | 4,692,723 |
BOK Financial Corp. (a) | 3,925 | 191,815 |
Citigroup, Inc. | 553,969 | 21,521,696 |
Citizens Financial Group, Inc. | 97,020 | 1,865,695 |
Comerica, Inc. | 33,703 | 1,138,487 |
Cullen/Frost Bankers, Inc. | 9,974 | 478,054 |
Fifth Third Bancorp | 145,698 | 2,223,351 |
First Republic Bank | 26,662 | 1,640,779 |
Huntington Bancshares, Inc. | 153,330 | 1,341,637 |
JPMorgan Chase & Co. | 684,702 | 38,548,723 |
KeyCorp | 150,921 | 1,592,216 |
M&T Bank Corp. | 29,449 | 3,019,995 |
New York Community Bancorp, Inc. | 90,267 | 1,365,740 |
People's United Financial, Inc. | 57,985 | 847,161 |
Regions Financial Corp. | 240,555 | 1,808,974 |
SunTrust Banks, Inc. | 94,175 | 3,124,726 |
The PNC Financial Services Group, Inc. | 93,804 | 7,627,203 |
U.S. Bancorp | 306,203 | 11,794,940 |
Wells Fargo & Co. | 867,851 | 40,719,569 |
169,770,185 |
Security | Number of Shares | Value ($) |
Capital Goods 8.3% | ||
AGCO Corp. | 13,462 | 666,234 |
Allison Transmission Holdings, Inc. | 32,815 | 777,059 |
Eaton Corp. plc | 85,585 | 4,853,525 |
Emerson Electric Co. | 120,647 | 5,891,193 |
Fluor Corp. | 25,806 | 1,188,108 |
General Dynamics Corp. | 55,521 | 7,565,847 |
General Electric Co. | 1,755,106 | 51,143,789 |
Honeywell International, Inc. | 143,270 | 14,520,415 |
Hubbell, Inc. | 10,644 | 1,057,588 |
Illinois Tool Works, Inc. | 60,706 | 5,721,541 |
Ingersoll-Rand plc | 47,423 | 2,634,822 |
L-3 Communications Holdings, Inc. | 14,250 | 1,671,668 |
Lockheed Martin Corp. | 49,404 | 10,660,889 |
Masco Corp. | 62,861 | 1,772,680 |
Northrop Grumman Corp. | 34,265 | 6,586,418 |
Owens Corning | 21,198 | 909,818 |
Parker-Hannifin Corp. | 25,404 | 2,570,885 |
Raytheon Co. | 55,688 | 6,896,959 |
Rockwell Automation, Inc. | 24,552 | 2,555,618 |
Rockwell Collins, Inc. | 25,130 | 2,200,634 |
Trinity Industries, Inc. | 29,217 | 462,797 |
United Technologies Corp. | 144,873 | 13,997,629 |
Xylem, Inc. | 34,095 | 1,275,494 |
147,581,610 | ||
Commercial & Professional Services 0.6% | ||
Republic Services, Inc. | 43,136 | 1,971,315 |
The ADT Corp. | 32,373 | 1,306,898 |
Tyco International plc | 76,901 | 2,705,377 |
Waste Management, Inc. | 76,752 | 4,286,600 |
10,270,190 | ||
Consumer Durables & Apparel 0.7% | ||
Coach, Inc. | 51,482 | 2,004,709 |
Garmin Ltd. | 22,463 | 909,976 |
Hasbro, Inc. | 21,353 | 1,620,052 |
Leggett & Platt, Inc. | 25,383 | 1,133,605 |
Mattel, Inc. | 63,196 | 2,055,134 |
Newell Rubbermaid, Inc. | 48,496 | 1,843,333 |
PulteGroup, Inc. | 58,079 | 998,378 |
Whirlpool Corp. | 14,314 | 2,223,250 |
12,788,437 | ||
Consumer Services 1.8% | ||
Aramark | 42,151 | 1,324,384 |
Carnival Corp. | 86,249 | 4,136,502 |
Darden Restaurants, Inc. | 20,538 | 1,311,967 |
H&R Block, Inc. | 43,726 | 1,437,711 |
McDonald's Corp. | 171,145 | 20,056,483 |
MGM Resorts International * | 89,646 | 1,696,999 |
Service Corp. International | 36,156 | 850,389 |
Wyndham Worldwide Corp. | 22,263 | 1,621,637 |
32,436,072 | ||
Diversified Financials 3.0% | ||
Capital One Financial Corp. | 98,204 | 6,454,949 |
CME Group, Inc. | 62,801 | 5,742,523 |
Security | Number of Shares | Value ($) |
Discover Financial Services | 80,093 | 3,717,917 |
Eaton Vance Corp. | 22,168 | 640,877 |
Invesco Ltd. | 77,749 | 2,079,008 |
Lazard Ltd., Class A | 23,720 | 834,470 |
Legg Mason, Inc. | 18,825 | 537,642 |
Nasdaq, Inc. | 21,025 | 1,330,672 |
Navient Corp. | 68,814 | 745,256 |
Northern Trust Corp. | 40,031 | 2,377,041 |
Santander Consumer USA Holdings, Inc. * | 18,829 | 192,997 |
State Street Corp. | 75,125 | 4,115,347 |
Synchrony Financial * | 153,733 | 4,143,104 |
The Bank of New York Mellon Corp. | 204,009 | 7,219,879 |
The Goldman Sachs Group, Inc. | 74,768 | 11,180,059 |
Voya Financial, Inc. | 43,621 | 1,280,713 |
52,592,454 | ||
Energy 8.2% | ||
Apache Corp. | 70,817 | 2,710,875 |
California Resources Corp. | 13,386 | 7,524 |
Chesapeake Energy Corp. (a) | 97,526 | 254,543 |
Chevron Corp. | 350,582 | 29,252,562 |
Columbia Pipeline Group, Inc. | 72,679 | 1,319,124 |
ConocoPhillips | 230,465 | 7,796,631 |
Ensco plc, Class A | 43,768 | 379,469 |
Exxon Mobil Corp. | 774,973 | 62,114,086 |
Helmerich & Payne, Inc. | 20,327 | 1,076,721 |
Kinder Morgan, Inc. | 339,971 | 6,150,075 |
Marathon Oil Corp. | 126,579 | 1,039,214 |
Marathon Petroleum Corp. | 98,759 | 3,382,496 |
Murphy Oil Corp. | 31,141 | 535,002 |
Occidental Petroleum Corp. | 142,412 | 9,800,794 |
ONEOK, Inc. | 38,879 | 933,096 |
Phillips 66 | 88,202 | 7,002,357 |
Spectra Energy Corp. | 123,147 | 3,595,892 |
The Williams Cos., Inc. | 125,603 | 2,008,392 |
Transocean Ltd. (a) | 61,240 | 529,726 |
Valero Energy Corp. | 89,426 | 5,372,714 |
145,261,293 | ||
Food & Staples Retailing 1.7% | ||
Sysco Corp. | 97,310 | 4,294,290 |
The Kroger Co. | 181,147 | 7,229,577 |
Wal-Mart Stores, Inc. | 292,328 | 19,393,040 |
30,916,907 | ||
Food, Beverage & Tobacco 9.8% | ||
Altria Group, Inc. | 364,597 | 22,448,237 |
Archer-Daniels-Midland Co. | 111,687 | 3,904,578 |
Bunge Ltd. | 27,375 | 1,361,085 |
Campbell Soup Co. | 33,333 | 2,058,313 |
Coca-Cola Enterprises, Inc. | 38,650 | 1,874,911 |
ConAgra Foods, Inc. | 81,635 | 3,433,568 |
Dr. Pepper Snapple Group, Inc. | 35,030 | 3,206,296 |
Flowers Foods, Inc. | 34,511 | 591,173 |
General Mills, Inc. | 111,044 | 6,534,939 |
Hormel Foods Corp. | 50,057 | 2,127,923 |
Ingredion, Inc. | 13,699 | 1,386,613 |
Kellogg Co. | 47,960 | 3,549,999 |
Security | Number of Shares | Value ($) |
McCormick & Co., Inc. Non-Voting Shares | 21,578 | 2,012,364 |
Molson Coors Brewing Co., Class B | 33,710 | 2,874,452 |
Mondelez International, Inc., Class A | 296,357 | 12,011,349 |
PepsiCo, Inc. | 271,671 | 26,574,857 |
Philip Morris International, Inc. | 287,892 | 26,206,809 |
Pilgrim's Pride Corp. * | 11,537 | 282,080 |
Reynolds American, Inc. | 154,392 | 7,785,989 |
The Coca-Cola Co. | 727,845 | 31,391,955 |
The J.M. Smucker Co. | 22,105 | 2,819,935 |
The Kraft Heinz Co. | 110,499 | 8,510,633 |
172,948,058 | ||
Health Care Equipment & Services 2.2% | ||
Abbott Laboratories | 276,999 | 10,730,941 |
Anthem, Inc. | 48,085 | 6,284,229 |
Baxter International, Inc. | 102,872 | 4,064,473 |
Boston Scientific Corp. * | 251,107 | 4,263,797 |
Cardinal Health, Inc. | 61,110 | 4,992,687 |
IMS Health Holdings, Inc. * | 26,714 | 688,687 |
Patterson Cos., Inc. | 16,256 | 706,161 |
Quest Diagnostics, Inc. | 27,071 | 1,801,033 |
St. Jude Medical, Inc. | 53,274 | 2,860,281 |
Zimmer Biomet Holdings, Inc. | 33,738 | 3,266,176 |
39,658,465 | ||
Household & Personal Products 3.6% | ||
Colgate-Palmolive Co. | 167,672 | 11,005,990 |
Coty, Inc., Class A (a) | 14,967 | 426,260 |
Edgewell Personal Care Co. | 11,366 | 868,931 |
Kimberly-Clark Corp. | 67,354 | 8,776,226 |
The Clorox Co. | 23,720 | 2,998,682 |
The Procter & Gamble Co. | 506,692 | 40,682,301 |
64,758,390 | ||
Insurance 4.7% | ||
Aflac, Inc. | 78,808 | 4,690,652 |
American Financial Group, Inc. | 13,336 | 894,579 |
American International Group, Inc. | 231,454 | 11,618,991 |
Arthur J. Gallagher & Co. | 33,931 | 1,352,150 |
Axis Capital Holdings Ltd. | 18,880 | 1,014,045 |
Brown & Brown, Inc. | 21,366 | 690,335 |
Chubb Ltd. | 85,713 | 9,902,423 |
Cincinnati Financial Corp. | 27,494 | 1,735,971 |
CNA Financial Corp. | 5,354 | 155,105 |
FNF Group | 51,739 | 1,706,352 |
Lincoln National Corp. | 46,122 | 1,684,837 |
Loews Corp. | 51,597 | 1,875,551 |
Marsh & McLennan Cos., Inc. | 96,608 | 5,511,486 |
MetLife, Inc. | 205,978 | 8,148,490 |
Principal Financial Group, Inc. | 51,368 | 1,942,224 |
Prudential Financial, Inc. | 82,987 | 5,484,611 |
Reinsurance Group of America, Inc. | 12,565 | 1,132,107 |
The Allstate Corp. | 73,189 | 4,644,574 |
The Hartford Financial Services Group, Inc. | 75,457 | 3,178,249 |
The Progressive Corp. | 108,376 | 3,459,362 |
The Travelers Cos., Inc. | 56,827 | 6,110,039 |
Torchmark Corp. | 20,245 | 1,036,949 |
Unum Group | 44,410 | 1,267,017 |
Security | Number of Shares | Value ($) |
Willis Towers Watson plc | 25,316 | 2,868,809 |
XL Group plc | 57,560 | 1,978,913 |
84,083,821 | ||
Materials 3.2% | ||
Air Products & Chemicals, Inc. | 35,709 | 4,730,371 |
Albemarle Corp. | 20,680 | 1,162,630 |
Alcoa, Inc. | 240,296 | 2,145,843 |
Ashland, Inc. | 11,834 | 1,127,662 |
Avery Dennison Corp. | 16,968 | 1,104,956 |
Celanese Corp., Series A | 27,031 | 1,631,050 |
E.I. du Pont de Nemours & Co. | 162,280 | 9,877,984 |
Eastman Chemical Co. | 27,664 | 1,774,646 |
Freeport-McMoRan, Inc. (a) | 235,014 | 1,793,157 |
Huntsman Corp. | 37,976 | 412,419 |
International Flavors & Fragrances, Inc. | 15,141 | 1,563,914 |
International Paper Co. | 76,393 | 2,727,230 |
LyondellBasell Industries N.V., Class A | 66,576 | 5,340,061 |
Newmont Mining Corp. | 96,371 | 2,489,263 |
Nucor Corp. | 59,648 | 2,346,552 |
Reliance Steel & Aluminum Co. | 14,336 | 872,919 |
RPM International, Inc. | 24,875 | 1,016,144 |
Sealed Air Corp. | 36,314 | 1,660,639 |
The Dow Chemical Co. | 208,492 | 10,134,796 |
The Mosaic Co. | 62,276 | 1,659,655 |
Westlake Chemical Corp. | 8,081 | 348,453 |
55,920,344 | ||
Media 1.9% | ||
Cablevision Systems Corp., Class A | 40,104 | 1,304,583 |
CBS Corp., Class A | 1,780 | 95,435 |
CBS Corp., Class B Non-Voting Shares | 81,269 | 3,931,794 |
News Corp., Class A | 60,476 | 654,350 |
News Corp., Class B | 29,358 | 334,975 |
Omnicom Group, Inc. | 44,574 | 3,468,303 |
TEGNA, Inc. | 42,112 | 1,037,640 |
The Interpublic Group of Cos., Inc. | 74,836 | 1,600,742 |
Time Warner, Inc. | 148,267 | 9,815,275 |
Tribune Media Co., Class A | 13,300 | 477,470 |
Twenty-First Century Fox, Inc., Class A | 219,378 | 5,927,594 |
Twenty-First Century Fox, Inc., Class B | 77,552 | 2,106,312 |
Viacom, Inc., Class A | 2,920 | 121,063 |
Viacom, Inc., Class B | 63,126 | 2,326,193 |
33,201,729 | ||
Pharmaceuticals, Biotechnology & Life Sciences 9.6% | ||
AbbVie, Inc. | 303,313 | 16,563,923 |
Baxalta, Inc. | 108,610 | 4,183,657 |
Bristol-Myers Squibb Co. | 310,244 | 19,213,411 |
Eli Lilly & Co. | 181,075 | 13,037,400 |
Johnson & Johnson | 515,058 | 54,189,252 |
Merck & Co., Inc. | 520,962 | 26,157,502 |
PerkinElmer, Inc. | 20,268 | 957,866 |
Security | Number of Shares | Value ($) |
Pfizer, Inc. | 1,147,831 | 34,056,146 |
Quintiles Transnational Holdings, Inc. * | 18,096 | 1,134,800 |
169,493,957 | ||
Real Estate 3.0% | ||
Alexandria Real Estate Equities, Inc. | 13,744 | 1,087,975 |
American Capital Agency Corp. | 65,938 | 1,191,500 |
Annaly Capital Management, Inc. | 177,711 | 1,800,213 |
Apartment Investment & Management Co., Class A | 28,499 | 1,043,348 |
Brixmor Property Group, Inc. | 34,821 | 815,856 |
Camden Property Trust | 16,005 | 1,196,214 |
DDR Corp. | 60,286 | 1,008,585 |
Duke Realty Corp. | 62,236 | 1,287,041 |
Equity Residential | 67,590 | 5,034,779 |
General Growth Properties, Inc. | 105,739 | 2,909,937 |
HCP, Inc. | 86,578 | 2,560,977 |
Host Hotels & Resorts, Inc. | 140,143 | 2,145,589 |
Iron Mountain, Inc. | 34,259 | 1,006,530 |
Kilroy Realty Corp. | 16,819 | 912,767 |
Kimco Realty Corp. | 77,077 | 2,061,810 |
Lamar Advertising Co., Class A | 14,253 | 814,274 |
Liberty Property Trust | 27,600 | 797,088 |
National Retail Properties, Inc. | 24,942 | 1,096,949 |
Omega Healthcare Investors, Inc. | 28,912 | 926,919 |
Prologis, Inc. | 98,403 | 3,784,579 |
Realty Income Corp. | 47,065 | 2,755,185 |
Regency Centers Corp. | 16,270 | 1,148,337 |
Senior Housing Properties Trust | 47,243 | 737,463 |
The Macerich Co. | 24,610 | 1,946,159 |
UDR, Inc. | 51,380 | 1,763,875 |
VEREIT, Inc. | 170,268 | 1,365,549 |
Weingarten Realty Investors | 20,617 | 726,337 |
Welltower, Inc. | 65,880 | 4,201,826 |
Weyerhaeuser Co. | 146,030 | 3,793,859 |
WP Carey, Inc. | 18,685 | 1,059,253 |
52,980,773 | ||
Retailing 1.3% | ||
Best Buy Co., Inc. | 56,179 | 1,819,638 |
Dillard's, Inc., Class A | 4,753 | 397,778 |
Foot Locker, Inc. | 24,964 | 1,560,250 |
GameStop Corp., Class A (a) | 20,662 | 636,803 |
Genuine Parts Co. | 28,553 | 2,574,053 |
Kohl's Corp. | 36,039 | 1,681,940 |
Macy's, Inc. | 57,563 | 2,487,297 |
Staples, Inc. | 120,766 | 1,141,239 |
Target Corp. | 113,515 | 8,905,252 |
The Gap, Inc. | 42,939 | 1,187,263 |
22,391,513 | ||
Semiconductors & Semiconductor Equipment 3.1% | ||
Analog Devices, Inc. | 57,873 | 3,066,690 |
Applied Materials, Inc. | 212,666 | 4,013,008 |
First Solar, Inc. * | 14,615 | 1,050,380 |
Intel Corp. | 879,662 | 26,029,199 |
KLA-Tencor Corp. | 28,954 | 1,961,344 |
Linear Technology Corp. | 44,620 | 1,946,324 |
Marvell Technology Group Ltd. | 88,863 | 848,642 |
Security | Number of Shares | Value ($) |
Maxim Integrated Products, Inc. | 52,750 | 1,786,115 |
Microchip Technology, Inc. | 37,519 | 1,669,220 |
Texas Instruments, Inc. | 188,104 | 9,973,274 |
Xilinx, Inc. | 48,396 | 2,285,259 |
54,629,455 | ||
Software & Services 6.7% | ||
Amdocs Ltd. | 27,974 | 1,587,804 |
Broadridge Financial Solutions, Inc. | 21,206 | 1,190,293 |
CA, Inc. | 59,858 | 1,753,241 |
Computer Sciences Corp. | 25,333 | 729,844 |
CSRA, Inc. | 25,333 | 657,391 |
International Business Machines Corp. | 166,093 | 21,763,166 |
Microsoft Corp. | 1,486,899 | 75,653,421 |
Paychex, Inc. | 61,194 | 3,144,760 |
Symantec Corp. | 124,498 | 2,404,056 |
The Western Union Co. | 94,251 | 1,721,023 |
Total System Services, Inc. | 30,452 | 1,327,098 |
Xerox Corp. | 175,818 | 1,689,611 |
Yahoo! Inc. * | 162,456 | 5,164,476 |
118,786,184 | ||
Technology Hardware & Equipment 3.0% | ||
Arrow Electronics, Inc. * | 18,305 | 1,046,314 |
Avnet, Inc. | 25,731 | 1,058,831 |
Cisco Systems, Inc. | 943,538 | 24,701,825 |
Corning, Inc. | 218,451 | 3,997,653 |
Harris Corp. | 23,663 | 1,846,187 |
Hewlett Packard Enterprise Co. | 332,798 | 4,416,229 |
HP, Inc. | 332,798 | 3,557,611 |
Jabil Circuit, Inc. | 34,603 | 721,473 |
Keysight Technologies, Inc. * | 31,740 | 828,097 |
Motorola Solutions, Inc. | 30,242 | 2,222,485 |
NCR Corp. * | 22,936 | 535,785 |
Seagate Technology plc | 55,534 | 1,741,546 |
TE Connectivity Ltd. | 71,219 | 4,053,785 |
Western Digital Corp. | 42,461 | 1,848,327 |
52,576,148 | ||
Telecommunication Services 4.8% | ||
AT&T, Inc. | 1,143,503 | 42,252,436 |
CenturyLink, Inc. | 103,000 | 3,150,770 |
Frontier Communications Corp. (a) | 213,778 | 1,156,539 |
Sprint Corp. *(a) | 148,046 | 509,278 |
Verizon Communications, Inc. | 756,220 | 38,363,040 |
Zayo Group Holdings, Inc. * | 8,213 | 194,484 |
85,626,547 | ||
Transportation 0.6% | ||
CSX Corp. | 181,028 | 4,370,016 |
Expeditors International of Washington, Inc. | 34,092 | 1,560,732 |
Norfolk Southern Corp. | 55,308 | 4,046,886 |
9,977,634 |
Security | Number of Shares | Value ($) |
Utilities 6.5% | ||
AES Corp. | 123,063 | 1,206,017 |
AGL Resources, Inc. | 22,266 | 1,439,497 |
Alliant Energy Corp. | 20,483 | 1,391,820 |
Ameren Corp. | 45,418 | 2,132,375 |
American Electric Power Co., Inc. | 91,571 | 5,654,509 |
American Water Works Co., Inc. | 33,591 | 2,177,369 |
Aqua America, Inc. | 32,294 | 987,228 |
Atmos Energy Corp. | 18,577 | 1,289,430 |
CenterPoint Energy, Inc. | 80,562 | 1,500,870 |
CMS Energy Corp. | 51,838 | 2,050,711 |
Consolidated Edison, Inc. | 54,954 | 3,847,330 |
Dominion Resources, Inc. | 110,657 | 7,737,137 |
DTE Energy Co. | 33,269 | 2,798,588 |
Duke Energy Corp. | 126,418 | 9,390,329 |
Edison International | 61,077 | 4,163,008 |
Entergy Corp. | 33,581 | 2,424,884 |
Eversource Energy | 59,353 | 3,222,868 |
Exelon Corp. | 169,828 | 5,347,884 |
FirstEnergy Corp. | 78,775 | 2,636,599 |
National Fuel Gas Co. | 15,457 | 706,076 |
NextEra Energy, Inc. | 85,672 | 9,665,515 |
NiSource, Inc. | 58,875 | 1,264,635 |
NRG Energy, Inc. | 63,190 | 681,188 |
OGE Energy Corp. | 37,269 | 927,253 |
Pepco Holdings, Inc. | 45,265 | 1,185,038 |
PG&E Corp. | 92,454 | 5,244,915 |
Pinnacle West Capital Corp. | 20,561 | 1,415,214 |
PPL Corp. | 125,429 | 4,388,761 |
Public Service Enterprise Group, Inc. | 94,258 | 4,021,046 |
SCANA Corp. | 26,598 | 1,729,402 |
Sempra Energy | 44,425 | 4,287,457 |
TECO Energy, Inc. | 43,816 | 1,203,626 |
The Southern Co. | 168,725 | 8,129,170 |
UGI Corp. | 32,813 | 1,212,768 |
WEC Energy Group, Inc. | 58,770 | 3,311,689 |
Westar Energy, Inc. | 26,123 | 1,135,306 |
Xcel Energy, Inc. | 94,861 | 3,750,804 |
115,658,316 | ||
Total Common Stock | ||
(Cost $1,732,651,952) | 1,762,289,788 | |
Other Investment Companies 0.4% of net assets | ||
Money Market Fund 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.24% (b) | 1,788,945 | 1,788,945 |
Securities Lending Collateral 0.3% | ||
Wells Fargo Advantage Government Money Market Fund, Institutional Class 0.16% (b) | 5,454,413 | 5,454,413 |
Total Other Investment Companies | ||
(Cost $7,243,358) | 7,243,358 |
At 02/29/16, the tax basis cost of the fund's investments was $1,740,460,252 and the unrealized appreciation and depreciation were $133,102,416 and ($104,029,522), respectively, with a net unrealized appreciation of $29,072,894.
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $5,270,078. |
(b) | The rate shown is the 7-day yield. |
ETF — | Exchange-traded fund |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/18/16 | 85 | 8,200,375 | 156,436 |
Holdings by Category | Cost ($) | Value ($) | |
99.9% | Common Stock | 1,948,119,261 | 1,873,490,426 |
2.3% | Other Investment Companies | 43,029,761 | 43,049,935 |
102.2% | Total Investments | 1,991,149,022 | 1,916,540,361 |
(2.2%) | Other Assets and Liabilities, Net | (40,788,723) | |
100.0% | Net Assets | 1,875,751,638 |
Security | Number of Shares | Value ($) |
Common Stock 99.9% of net assets | ||
Automobiles & Components 1.1% | ||
Dana Holding Corp. | 135,716 | 1,688,307 |
Gentex Corp. | 243,355 | 3,543,249 |
Lear Corp. | 64,172 | 6,503,832 |
The Goodyear Tire & Rubber Co. | 226,907 | 6,834,439 |
Visteon Corp. | 33,303 | 2,328,546 |
20,898,373 | ||
Banks 3.8% | ||
Associated Banc-Corp. | 127,724 | 2,196,853 |
BankUnited, Inc. | 86,514 | 2,778,830 |
BOK Financial Corp. (a) | 19,482 | 952,085 |
Comerica, Inc. | 150,084 | 5,069,837 |
Commerce Bancshares, Inc. | 70,718 | 3,004,101 |
Cullen/Frost Bankers, Inc. | 48,631 | 2,330,884 |
East West Bancorp, Inc. | 124,474 | 3,730,486 |
First Niagara Financial Group, Inc. | 298,536 | 2,758,473 |
First Republic Bank | 121,815 | 7,496,495 |
Huntington Bancshares, Inc. | 684,364 | 5,988,185 |
Investors Bancorp, Inc. | 300,445 | 3,401,037 |
New York Community Bancorp, Inc. | 413,345 | 6,253,910 |
PacWest Bancorp | 96,455 | 3,103,922 |
People's United Financial, Inc. | 258,712 | 3,779,782 |
Popular, Inc. | 86,237 | 2,285,280 |
Prosperity Bancshares, Inc. | 55,064 | 2,227,339 |
Signature Bank * | 43,112 | 5,585,159 |
SVB Financial Group * | 43,955 | 3,905,402 |
TFS Financial Corp. | 61,531 | 1,039,874 |
Zions Bancorp | 170,553 | 3,636,190 |
71,524,124 |
Security | Number of Shares | Value ($) |
Capital Goods 10.8% | ||
A.O. Smith Corp. | 62,986 | 4,432,955 |
Acuity Brands, Inc. | 37,500 | 7,853,625 |
AECOM * | 131,925 | 3,622,660 |
AGCO Corp. | 62,368 | 3,086,592 |
Allegion plc | 81,221 | 5,116,923 |
Allison Transmission Holdings, Inc. | 148,172 | 3,508,713 |
Armstrong World Industries, Inc. * | 43,288 | 1,754,463 |
B/E Aerospace, Inc. | 88,691 | 3,868,701 |
BWX Technologies, Inc. | 89,894 | 2,867,619 |
Carlisle Cos., Inc. | 55,396 | 4,994,503 |
Chicago Bridge & Iron Co. N.V. | 79,795 | 2,676,324 |
CLARCOR, Inc. | 42,632 | 2,052,304 |
Colfax Corp. * | 83,573 | 2,115,233 |
Crane Co. | 42,700 | 2,094,435 |
Donaldson Co., Inc. | 107,540 | 3,036,930 |
EMCOR Group, Inc. | 54,682 | 2,508,263 |
Flowserve Corp. | 113,105 | 4,752,672 |
Fluor Corp. | 121,999 | 5,616,834 |
Fortune Brands Home & Security, Inc. | 137,159 | 6,888,125 |
Graco, Inc. | 47,882 | 3,750,118 |
HD Supply Holdings, Inc. * | 159,026 | 4,419,333 |
Hexcel Corp. | 80,449 | 3,324,957 |
Hubbell, Inc. | 46,652 | 4,635,343 |
Huntington Ingalls Industries, Inc. | 40,689 | 5,332,700 |
IDEX Corp. | 64,247 | 4,828,805 |
ITT Corp. | 74,546 | 2,628,492 |
Jacobs Engineering Group, Inc. * | 103,258 | 3,990,922 |
Lennox International, Inc. | 34,066 | 4,401,668 |
Lincoln Electric Holdings, Inc. | 56,463 | 3,081,186 |
Masco Corp. | 285,148 | 8,041,174 |
MSC Industrial Direct Co., Inc., Class A | 40,469 | 2,815,833 |
Nordson Corp. | 45,971 | 3,294,742 |
Orbital ATK, Inc. | 49,629 | 4,156,925 |
Oshkosh Corp. | 65,239 | 2,250,746 |
Owens Corning | 97,932 | 4,203,241 |
Quanta Services, Inc. * | 137,127 | 2,782,307 |
Regal Beloit Corp. | 39,623 | 2,162,623 |
Sensata Technologies Holding N.V. * | 143,695 | 4,901,436 |
Snap-on, Inc. | 49,149 | 7,110,386 |
SolarCity Corp. *(a) | 51,160 | 942,879 |
Spirit AeroSystems Holdings, Inc., Class A * | 108,042 | 4,969,932 |
Teledyne Technologies, Inc. * | 29,579 | 2,519,539 |
The Middleby Corp. * | 48,469 | 4,488,229 |
The Timken Co. | 61,832 | 1,844,449 |
The Toro Co. | 46,663 | 3,719,041 |
Trinity Industries, Inc. | 128,591 | 2,036,881 |
United Rentals, Inc. * | 79,380 | 4,093,627 |
USG Corp. * | 75,286 | 1,603,592 |
WABCO Holdings, Inc. * | 44,675 | 4,212,852 |
Wabtec Corp. | 81,514 | 5,754,888 |
Watsco, Inc. | 21,345 | 2,722,555 |
Woodward, Inc. | 49,672 | 2,332,100 |
Xylem, Inc. | 151,048 | 5,650,706 |
201,852,081 |
Security | Number of Shares | Value ($) |
Commercial & Professional Services 2.4% | ||
Cintas Corp. | 74,261 | 6,237,181 |
Clean Harbors, Inc. * | 44,397 | 1,891,312 |
Copart, Inc. * | 86,011 | 3,246,915 |
KAR Auction Services, Inc. | 115,785 | 4,099,947 |
ManpowerGroup, Inc. | 62,797 | 4,863,000 |
Pitney Bowes, Inc. | 168,137 | 3,046,643 |
Robert Half International, Inc. | 112,000 | 4,411,680 |
Rollins, Inc. | 78,056 | 2,148,882 |
The ADT Corp. | 141,665 | 5,719,016 |
The Dun & Bradstreet Corp. | 30,233 | 2,896,019 |
TransUnion * | 27,525 | 725,834 |
Waste Connections, Inc. | 105,991 | 6,536,465 |
45,822,894 | ||
Consumer Durables & Apparel 4.4% | ||
Brunswick Corp. | 76,725 | 3,263,881 |
Carter's, Inc. | 45,437 | 4,617,762 |
Columbia Sportswear Co. | 24,827 | 1,477,703 |
Fossil Group, Inc. * | 36,147 | 1,695,656 |
Garmin Ltd. | 99,701 | 4,038,888 |
GoPro, Inc., Class A *(a) | 72,031 | 855,728 |
Harman International Industries, Inc. | 60,310 | 4,624,571 |
Hasbro, Inc. | 94,787 | 7,191,490 |
Leggett & Platt, Inc. | 116,346 | 5,196,012 |
Lennar Corp., B Shares | 7,375 | 248,611 |
Lennar Corp., Class A | 154,104 | 6,463,122 |
lululemon athletica, Inc. * | 95,013 | 5,960,165 |
Mattel, Inc. | 288,631 | 9,386,280 |
NVR, Inc. * | 3,102 | 5,077,974 |
Polaris Industries, Inc. | 52,146 | 4,584,155 |
PulteGroup, Inc. | 267,771 | 4,602,983 |
Skechers U.S.A., Inc., Class A * | 113,950 | 3,751,234 |
Tempur Sealy International, Inc. * | 51,989 | 2,998,206 |
Toll Brothers, Inc. * | 135,308 | 3,714,205 |
Vista Outdoor, Inc. * | 52,642 | 2,595,251 |
82,343,877 | ||
Consumer Services 3.0% | ||
Aramark | 192,934 | 6,061,986 |
Brinker International, Inc. | 50,263 | 2,503,097 |
Darden Restaurants, Inc. | 98,443 | 6,288,539 |
Domino's Pizza, Inc. | 46,659 | 6,207,513 |
Dunkin' Brands Group, Inc. | 79,385 | 3,697,753 |
Extended Stay America, Inc. | 64,841 | 958,350 |
Graham Holdings Co., Class B | 3,781 | 1,845,544 |
H&R Block, Inc. | 200,373 | 6,588,264 |
Hyatt Hotels Corp., Class A * | 24,665 | 1,138,290 |
Panera Bread Co., Class A * | 20,334 | 4,213,205 |
Service Corp. International | 169,894 | 3,995,907 |
ServiceMaster Global Holdings, Inc. * | 113,603 | 4,308,962 |
Six Flags Entertainment Corp. | 72,223 | 3,673,262 |
Wynn Resorts Ltd. (a) | 68,424 | 5,643,612 |
57,124,284 |
Security | Number of Shares | Value ($) |
Diversified Financials 3.8% | ||
CBOE Holdings, Inc. | 70,351 | 4,396,938 |
Credit Acceptance Corp. *(a) | 8,864 | 1,746,829 |
E*TRADE Financial Corp. * | 248,268 | 5,824,367 |
Eaton Vance Corp. | 98,028 | 2,833,990 |
FactSet Research Systems, Inc. | 35,754 | 5,380,619 |
Federated Investors, Inc., Class B | 79,825 | 2,089,020 |
Lazard Ltd., Class A | 107,970 | 3,798,385 |
Legg Mason, Inc. | 91,838 | 2,622,893 |
LendingClub Corp. * | 170,125 | 1,485,191 |
Leucadia National Corp. | 284,037 | 4,104,335 |
LPL Financial Holdings, Inc. (a) | 69,953 | 1,415,149 |
Morningstar, Inc. | 17,424 | 1,383,291 |
MSCI, Inc. | 79,547 | 5,609,654 |
Nasdaq, Inc. | 96,971 | 6,137,295 |
Navient Corp. | 316,841 | 3,431,388 |
OneMain Holdings, Inc. * | 39,295 | 886,888 |
Raymond James Financial, Inc. | 106,836 | 4,683,690 |
Santander Consumer USA Holdings, Inc. * | 96,451 | 988,623 |
SEI Investments Co. | 117,180 | 4,472,761 |
Voya Financial, Inc. | 192,858 | 5,662,311 |
Waddell & Reed Financial, Inc., Class A | 70,003 | 1,639,470 |
70,593,087 | ||
Energy 4.0% | ||
Antero Resources Corp. *(a) | 68,064 | 1,555,262 |
Chesapeake Energy Corp. (a) | 426,778 | 1,113,891 |
Cobalt International Energy, Inc. * | 283,407 | 753,863 |
Columbia Pipeline Group, Inc. | 334,753 | 6,075,767 |
Core Laboratories N.V. | 35,407 | 3,715,611 |
CVR Energy, Inc. (a) | 13,492 | 319,086 |
Diamond Offshore Drilling, Inc. (a) | 53,995 | 1,080,440 |
Diamondback Energy, Inc. * | 59,853 | 4,264,526 |
Dril-Quip, Inc. * | 32,296 | 1,752,058 |
Energen Corp. | 83,017 | 2,198,290 |
Ensco plc, Class A | 200,657 | 1,739,696 |
FMC Technologies, Inc. * | 192,037 | 4,710,668 |
Gulfport Energy Corp. * | 89,952 | 2,158,848 |
Helmerich & Payne, Inc. | 93,545 | 4,955,079 |
Kosmos Energy Ltd. * | 122,513 | 597,863 |
Murphy Oil Corp. | 139,101 | 2,389,755 |
Nabors Industries Ltd. | 244,147 | 1,748,092 |
Newfield Exploration Co. * | 135,918 | 3,701,047 |
Noble Corp. plc (a) | 202,290 | 1,685,076 |
Oceaneering International, Inc. | 81,542 | 2,252,190 |
ONEOK, Inc. | 175,355 | 4,208,520 |
Range Resources Corp. (a) | 143,117 | 3,396,166 |
Southwestern Energy Co. *(a) | 330,035 | 1,907,602 |
Targa Resources Corp. | 142,552 | 3,831,798 |
Teekay Corp. | 52,190 | 417,520 |
Transocean Ltd. (a) | 288,468 | 2,495,248 |
Weatherford International plc * | 665,479 | 4,259,066 |
Western Refining, Inc. | 59,042 | 1,574,650 |
Whiting Petroleum Corp. * | 170,235 | 682,642 |
World Fuel Services Corp. | 62,474 | 2,924,408 |
74,464,728 |
Security | Number of Shares | Value ($) |
Food & Staples Retailing 0.8% | ||
Casey's General Stores, Inc. | 32,648 | 3,446,649 |
Rite Aid Corp. * | 896,055 | 7,123,637 |
Sprouts Farmers Market, Inc. * | 120,553 | 3,433,350 |
14,003,636 | ||
Food, Beverage & Tobacco 1.3% | ||
Blue Buffalo Pet Products, Inc. *(a) | 31,622 | 578,683 |
Flowers Foods, Inc. | 154,081 | 2,639,407 |
Ingredion, Inc. | 61,647 | 6,239,909 |
Pilgrim's Pride Corp. * | 53,637 | 1,311,425 |
Pinnacle Foods, Inc. | 93,921 | 4,056,448 |
Seaboard Corp. * | 223 | 652,275 |
The Hain Celestial Group, Inc. * | 87,939 | 3,251,105 |
The WhiteWave Foods Co. * | 148,522 | 5,750,772 |
24,480,024 | ||
Health Care Equipment & Services 5.6% | ||
Acadia Healthcare Co., Inc. * | 60,415 | 3,347,595 |
Alere, Inc. * | 72,842 | 3,882,479 |
Align Technology, Inc. * | 60,826 | 4,016,341 |
athenahealth, Inc. * | 33,494 | 4,323,071 |
Brookdale Senior Living, Inc. * | 153,911 | 2,211,701 |
Centene Corp. * | 103,519 | 5,896,442 |
Community Health Systems, Inc. * | 98,372 | 1,487,385 |
DENTSPLY International, Inc. | 118,549 | 7,226,747 |
DexCom, Inc. * | 68,702 | 4,469,752 |
Envision Healthcare Holdings, Inc. * | 158,072 | 3,476,003 |
Health Net, Inc. * | 65,586 | 4,080,761 |
IDEXX Laboratories, Inc. * | 76,559 | 5,601,056 |
Inovalon Holdings, Inc., Class A *(a) | 41,265 | 709,345 |
MEDNAX, Inc. * | 79,719 | 5,344,362 |
Molina Healthcare, Inc. * | 35,066 | 2,175,495 |
Patterson Cos., Inc. | 72,746 | 3,160,086 |
Premier, Inc., Class A * | 39,022 | 1,268,995 |
ResMed, Inc. | 118,601 | 6,749,583 |
Sirona Dental Systems, Inc. *(c) | 47,492 | 5,252,313 |
Team Health Holdings, Inc. * | 63,488 | 2,829,660 |
Teleflex, Inc. | 36,150 | 5,162,943 |
Tenet Healthcare Corp. * | 83,102 | 2,062,592 |
The Cooper Cos., Inc. | 41,156 | 5,883,662 |
Varian Medical Systems, Inc. * | 83,976 | 6,568,603 |
VCA, Inc. * | 67,940 | 3,466,978 |
Veeva Systems, Inc., Class A * | 70,736 | 1,718,177 |
WellCare Health Plans, Inc. * | 36,693 | 3,297,600 |
105,669,727 | ||
Household & Personal Products 0.8% | ||
Coty, Inc., Class A (a) | 70,611 | 2,011,001 |
Edgewell Personal Care Co. | 51,589 | 3,943,979 |
Energizer Holdings, Inc. | 54,534 | 2,123,554 |
Herbalife Ltd. *(a) | 53,854 | 2,948,507 |
Nu Skin Enterprises, Inc., Class A (a) | 49,265 | 1,502,090 |
Spectrum Brands Holdings, Inc. | 22,747 | 2,178,480 |
14,707,611 |
Security | Number of Shares | Value ($) |
Insurance 6.9% | ||
Alleghany Corp. * | 13,411 | 6,222,436 |
Allied World Assurance Co. Holdings AG | 75,585 | 2,448,198 |
American Financial Group, Inc. | 60,974 | 4,090,136 |
American National Insurance Co. | 7,885 | 801,668 |
AmTrust Financial Services, Inc. | 69,672 | 1,703,480 |
Arch Capital Group Ltd. * | 104,142 | 7,075,407 |
Arthur J. Gallagher & Co. | 152,442 | 6,074,814 |
Assurant, Inc. | 55,648 | 3,956,573 |
Assured Guaranty Ltd. | 122,064 | 3,028,408 |
Axis Capital Holdings Ltd. | 81,914 | 4,399,601 |
Brown & Brown, Inc. | 97,645 | 3,154,910 |
Cincinnati Financial Corp. | 126,393 | 7,980,454 |
CNO Financial Group, Inc. | 160,821 | 2,803,110 |
Endurance Specialty Holdings Ltd. | 51,090 | 3,181,374 |
Erie Indemnity Co., Class A | 21,314 | 2,003,729 |
Everest Re Group Ltd. | 36,512 | 6,795,979 |
First American Financial Corp. | 90,531 | 3,352,363 |
FNF Group | 235,346 | 7,761,711 |
Old Republic International Corp. | 208,173 | 3,705,479 |
PartnerRe Ltd. | 41,109 | 5,766,359 |
Reinsurance Group of America, Inc. | 55,235 | 4,976,673 |
RenaissanceRe Holdings Ltd. | 38,279 | 4,333,183 |
StanCorp Financial Group, Inc. | 35,943 | 4,129,851 |
Torchmark Corp. | 96,877 | 4,962,040 |
Validus Holdings Ltd. | 69,381 | 3,115,901 |
W.R. Berkley Corp. | 84,956 | 4,375,234 |
White Mountains Insurance Group Ltd. | 4,751 | 3,643,352 |
Willis Towers Watson plc | 117,324 | 13,295,156 |
129,137,579 | ||
Materials 5.5% | ||
Airgas, Inc. | 54,821 | 7,758,268 |
Albemarle Corp. | 97,267 | 5,468,351 |
AptarGroup, Inc. | 53,393 | 3,935,598 |
Ashland, Inc. | 53,564 | 5,104,114 |
Avery Dennison Corp. | 79,065 | 5,148,713 |
Axalta Coating Systems Ltd. * | 117,813 | 3,058,425 |
Bemis Co., Inc. | 80,921 | 3,970,793 |
Crown Holdings, Inc. * | 120,245 | 5,633,478 |
Eagle Materials, Inc. | 43,656 | 2,637,696 |
FMC Corp. | 112,443 | 4,232,354 |
GCP Applied Technologies, Inc. * | 59,694 | 1,058,375 |
Graphic Packaging Holding Co. | 273,287 | 3,369,629 |
Huntsman Corp. | 170,097 | 1,847,253 |
International Flavors & Fragrances, Inc. | 67,909 | 7,014,321 |
NewMarket Corp. | 8,615 | 3,145,681 |
Owens-Illinois, Inc. * | 134,105 | 2,006,211 |
Packaging Corp. of America | 83,009 | 4,025,936 |
Platform Specialty Products Corp. * | 121,766 | 863,321 |
Reliance Steel & Aluminum Co. | 60,768 | 3,700,163 |
Royal Gold, Inc. | 54,218 | 2,514,089 |
RPM International, Inc. | 115,439 | 4,715,683 |
Silgan Holdings, Inc. | 33,473 | 1,714,822 |
Sonoco Products Co. | 86,158 | 3,765,105 |
Steel Dynamics, Inc. | 206,631 | 3,758,618 |
Security | Number of Shares | Value ($) |
The Scotts Miracle-Gro Co., Class A | 37,652 | 2,598,741 |
The Valspar Corp. | 62,821 | 4,915,115 |
W.R. Grace & Co. * | 61,699 | 4,241,189 |
Westlake Chemical Corp. | 33,878 | 1,460,819 |
103,662,861 | ||
Media 2.6% | ||
AMC Networks, Inc., Class A * | 50,919 | 3,337,231 |
Cablevision Systems Corp., Class A | 191,799 | 6,239,221 |
Cinemark Holdings, Inc. | 91,216 | 3,019,250 |
Liberty Broadband Corp., Class A * | 20,122 | 1,011,935 |
Liberty Broadband Corp., Class C * | 57,199 | 2,881,114 |
Lions Gate Entertainment Corp. | 85,763 | 1,809,599 |
Live Nation Entertainment, Inc. * | 122,394 | 2,691,444 |
MSG Networks, Inc., Class A * | 51,466 | 845,072 |
News Corp., Class A | 324,836 | 3,514,726 |
News Corp., Class B | 98,195 | 1,120,405 |
Regal Entertainment Group, Class A (a) | 58,149 | 1,144,954 |
Scripps Networks Interactive, Inc., Class A | 79,350 | 4,700,694 |
TEGNA, Inc. | 188,931 | 4,655,260 |
The Interpublic Group of Cos., Inc. | 344,055 | 7,359,336 |
The Madison Square Garden Co., Class A * | 17,155 | 2,659,025 |
Tribune Media Co., Class A | 67,614 | 2,427,343 |
49,416,609 | ||
Pharmaceuticals, Biotechnology & Life Sciences 3.9% | ||
Akorn, Inc. * | 68,566 | 1,823,170 |
Alkermes plc * | 126,939 | 4,096,321 |
Anacor Pharmaceuticals, Inc. * | 37,236 | 2,374,912 |
Bio-Rad Laboratories, Inc., Class A * | 17,178 | 2,312,846 |
Bio-Techne Corp. | 32,189 | 2,763,104 |
Bluebird Bio, Inc. * | 29,907 | 1,382,301 |
Bruker Corp. * | 93,168 | 2,420,505 |
Horizon Pharma plc * | 123,768 | 2,123,859 |
Intercept Pharmaceuticals, Inc. * | 14,689 | 1,636,061 |
Intrexon Corp. *(a) | 42,729 | 1,322,462 |
Ionis Pharmaceuticals, Inc. * | 102,071 | 3,527,574 |
Jazz Pharmaceuticals plc * | 52,490 | 6,381,734 |
Juno Therapeutics, Inc. *(a) | 60,633 | 2,132,463 |
Medivation, Inc. * | 139,809 | 5,000,968 |
Mettler-Toledo International, Inc. * | 23,415 | 7,373,618 |
Neurocrine Biosciences, Inc. * | 66,927 | 2,461,575 |
OPKO Health, Inc. *(a) | 282,438 | 2,626,673 |
PerkinElmer, Inc. | 96,400 | 4,555,864 |
Puma Biotechnology, Inc. * | 18,602 | 832,997 |
Quintiles Transnational Holdings, Inc. * | 81,014 | 5,080,388 |
Seattle Genetics, Inc. * | 90,261 | 2,724,980 |
Ultragenyx Pharmaceutical, Inc. * | 31,035 | 1,892,825 |
United Therapeutics Corp. * | 39,244 | 4,785,413 |
VWR Corp. * | 49,937 | 1,218,463 |
72,851,076 |
Security | Number of Shares | Value ($) |
Real Estate 11.5% | ||
Alexandria Real Estate Equities, Inc. | 62,388 | 4,938,634 |
American Campus Communities, Inc. | 110,502 | 4,836,672 |
American Capital Agency Corp. | 299,001 | 5,402,948 |
American Homes 4 Rent, Class A | 150,619 | 2,108,666 |
Apartment Investment & Management Co., Class A | 132,405 | 4,847,347 |
Brixmor Property Group, Inc. | 148,019 | 3,468,085 |
Camden Property Trust | 73,498 | 5,493,240 |
Chimera Investment Corp. | 158,855 | 2,069,881 |
Communications Sales & Leasing, Inc. | 100,701 | 1,898,214 |
Corrections Corp. of America | 97,807 | 2,829,556 |
CubeSmart | 148,353 | 4,435,755 |
DDR Corp. | 264,816 | 4,430,372 |
Douglas Emmett, Inc. | 119,663 | 3,211,755 |
Duke Realty Corp. | 292,521 | 6,049,334 |
Equity LifeStyle Properties, Inc. | 69,657 | 4,887,135 |
Extra Space Storage, Inc. | 104,839 | 8,612,524 |
Federal Realty Investment Trust | 58,861 | 8,714,960 |
Forest City Realty Trust, Inc., Class A * | 182,958 | 3,412,167 |
Forest City Realty Trust, Inc., Class B * | 6,972 | 129,853 |
Gaming & Leisure Properties, Inc. | 76,465 | 2,002,618 |
Highwoods Properties, Inc. | 81,388 | 3,544,447 |
Hospitality Properties Trust | 126,788 | 3,078,413 |
Iron Mountain, Inc. | 163,236 | 4,795,874 |
Jones Lang LaSalle, Inc. | 38,096 | 3,888,459 |
Kilroy Realty Corp. | 78,701 | 4,271,103 |
Lamar Advertising Co., Class A | 69,915 | 3,994,244 |
Liberty Property Trust | 125,219 | 3,616,325 |
MFA Financial, Inc. | 306,341 | 2,086,182 |
Mid-America Apartment Communities, Inc. | 64,003 | 5,756,430 |
National Retail Properties, Inc. | 114,508 | 5,036,062 |
NorthStar Realty Finance Corp. | 159,981 | 1,998,163 |
Omega Healthcare Investors, Inc. | 141,607 | 4,539,920 |
Outfront Media, Inc. | 114,603 | 2,343,631 |
Paramount Group, Inc. | 146,973 | 2,222,232 |
Rayonier, Inc. | 104,979 | 2,291,692 |
Realogy Holdings Corp. * | 125,098 | 3,999,383 |
Realty Income Corp. | 212,215 | 12,423,066 |
Regency Centers Corp. | 81,120 | 5,725,450 |
Retail Properties of America, Inc., Class A | 198,859 | 2,921,239 |
RLJ Lodging Trust | 111,732 | 2,343,020 |
Senior Housing Properties Trust | 199,264 | 3,110,511 |
SL Green Realty Corp. | 84,823 | 7,479,692 |
Spirit Realty Capital, Inc. | 373,416 | 3,991,817 |
Starwood Property Trust, Inc. | 202,824 | 3,557,533 |
Tanger Factory Outlet Centers, Inc. | 80,101 | 2,569,640 |
Taubman Centers, Inc. | 51,899 | 3,675,487 |
The Howard Hughes Corp. * | 29,762 | 2,761,616 |
Two Harbors Investment Corp. | 304,885 | 2,362,859 |
UDR, Inc. | 221,390 | 7,600,319 |
VEREIT, Inc. | 780,611 | 6,260,500 |
Security | Number of Shares | Value ($) |
Weingarten Realty Investors | 98,611 | 3,474,065 |
WP Carey, Inc. | 84,248 | 4,776,019 |
216,275,109 | ||
Retailing 3.9% | ||
AutoNation, Inc. * | 65,368 | 3,364,491 |
Burlington Stores, Inc. * | 66,872 | 3,748,844 |
Cabela's, Inc. * | 40,580 | 1,947,028 |
Dick's Sporting Goods, Inc. | 75,834 | 3,220,670 |
Dillard's, Inc., Class A | 17,899 | 1,497,967 |
Foot Locker, Inc. | 117,617 | 7,351,063 |
GameStop Corp., Class A (a) | 88,958 | 2,741,686 |
GNC Holdings, Inc., Class A | 70,952 | 2,020,713 |
Groupon, Inc. * | 400,181 | 1,912,865 |
HSN, Inc. | 27,152 | 1,441,500 |
J.C. Penney Co., Inc. *(a) | 255,351 | 2,604,580 |
Liberty Ventures, Series A * | 114,813 | 4,212,489 |
LKQ Corp. * | 261,528 | 7,218,173 |
Office Depot, Inc. * | 418,726 | 2,127,128 |
Penske Automotive Group, Inc. | 35,552 | 1,341,021 |
Sally Beauty Holdings, Inc. * | 128,206 | 4,048,745 |
Sears Holdings Corp. *(a) | 45,083 | 787,600 |
Staples, Inc. | 545,972 | 5,159,435 |
The Michaels Cos., Inc. * | 65,157 | 1,518,158 |
Ulta Salon, Cosmetics & Fragrance, Inc. * | 54,187 | 8,951,151 |
Urban Outfitters, Inc. * | 73,779 | 1,954,406 |
Williams-Sonoma, Inc. | 70,281 | 3,662,343 |
72,832,056 | ||
Semiconductors & Semiconductor Equipment 1.6% | ||
Atmel Corp. | 363,894 | 2,940,263 |
Cree, Inc. * | 86,255 | 2,737,734 |
First Solar, Inc. * | 64,847 | 4,660,554 |
KLA-Tencor Corp. | 132,665 | 8,986,727 |
Marvell Technology Group Ltd. | 399,888 | 3,818,930 |
ON Semiconductor Corp. * | 345,205 | 2,896,270 |
SunEdison, Inc. *(a) | 262,561 | 519,871 |
Teradyne, Inc. | 176,440 | 3,366,475 |
29,926,824 | ||
Software & Services 8.7% | ||
Amdocs Ltd. | 130,143 | 7,386,917 |
ANSYS, Inc. * | 75,187 | 6,242,025 |
Aspen Technology, Inc. * | 71,296 | 2,350,629 |
Black Knight Financial Services, Inc., Class A * | 13,976 | 409,637 |
Booz Allen Hamilton Holding Corp. | 94,771 | 2,615,680 |
Broadridge Financial Solutions, Inc. | 100,091 | 5,618,108 |
Cadence Design Systems, Inc. * | 252,273 | 5,436,483 |
CDK Global, Inc. | 135,607 | 6,087,398 |
Computer Sciences Corp. | 120,053 | 3,458,727 |
CoStar Group, Inc. * | 27,839 | 4,929,173 |
CSRA, Inc. | 116,716 | 3,028,780 |
DST Systems, Inc. | 28,187 | 2,947,796 |
FireEye, Inc. * | 117,076 | 1,983,267 |
First Data Corp., Class A * | 149,807 | 1,872,588 |
Fortinet, Inc. * | 128,734 | 3,656,046 |
Gartner, Inc. * | 70,024 | 5,769,978 |
Genpact Ltd. * | 132,951 | 3,513,895 |
Security | Number of Shares | Value ($) |
Global Payments, Inc. | 111,746 | 6,810,919 |
GoDaddy, Inc., Class A * | 19,585 | 613,990 |
IAC/InterActiveCorp | 64,402 | 2,860,737 |
Jack Henry & Associates, Inc. | 67,345 | 5,538,453 |
Leidos Holdings, Inc. | 53,578 | 2,315,641 |
Manhattan Associates, Inc. * | 61,629 | 3,405,619 |
NetSuite, Inc. * | 33,014 | 1,994,706 |
Nuance Communications, Inc. * | 212,599 | 4,147,806 |
Pandora Media, Inc. * | 166,427 | 1,700,884 |
PTC, Inc. * | 95,387 | 2,948,412 |
Rackspace Hosting, Inc. * | 96,211 | 2,071,423 |
Sabre Corp. | 144,769 | 3,930,478 |
Solera Holdings, Inc. | 57,615 | 3,209,155 |
Splunk, Inc. * | 108,426 | 4,727,374 |
SS&C Technologies Holdings, Inc. | 68,356 | 3,984,471 |
Synopsys, Inc. * | 135,368 | 6,057,718 |
Syntel, Inc. * | 27,106 | 1,239,286 |
Tableau Software, Inc., Class A * | 45,477 | 2,076,025 |
Teradata Corp. * | 111,783 | 2,788,986 |
The Ultimate Software Group, Inc. * | 24,828 | 4,264,457 |
Total System Services, Inc. | 142,714 | 6,219,476 |
Tyler Technologies, Inc. * | 28,489 | 3,427,796 |
Vantiv, Inc., Class A * | 132,874 | 6,914,763 |
VeriSign, Inc. * | 83,379 | 7,044,692 |
WEX, Inc. * | 34,038 | 2,222,681 |
Zillow Group, Inc., Class A *(a) | 37,977 | 879,168 |
Zillow Group, Inc., Class C *(a) | 92,117 | 1,989,727 |
162,691,970 | ||
Technology Hardware & Equipment 3.6% | ||
Arista Networks, Inc. * | 29,982 | 2,054,966 |
Arrow Electronics, Inc. * | 78,766 | 4,502,264 |
Avnet, Inc. | 112,030 | 4,610,034 |
Brocade Communications Systems, Inc. | 347,059 | 3,446,296 |
CDW Corp. | 126,889 | 5,022,267 |
CommScope Holding Co., Inc. * | 109,168 | 2,749,942 |
Dolby Laboratories, Inc., Class A | 42,358 | 1,673,141 |
EchoStar Corp., Class A * | 40,651 | 1,817,100 |
FEI Co. | 34,608 | 2,811,554 |
Fitbit, Inc., Class A *(a) | 42,530 | 520,142 |
FLIR Systems, Inc. | 116,829 | 3,617,026 |
Harris Corp. | 105,351 | 8,219,485 |
Ingram Micro, Inc., Class A | 132,459 | 4,742,032 |
IPG Photonics Corp. * | 31,515 | 2,598,727 |
Jabil Circuit, Inc. | 162,101 | 3,379,806 |
Keysight Technologies, Inc. * | 145,932 | 3,807,366 |
National Instruments Corp. | 84,891 | 2,449,105 |
NCR Corp. * | 104,418 | 2,439,204 |
Trimble Navigation Ltd. * | 216,460 | 5,034,860 |
Zebra Technologies Corp., Class A * | 44,329 | 2,738,646 |
68,233,963 | ||
Telecommunication Services 0.5% | ||
Frontier Communications Corp. (a) | 994,688 | 5,381,262 |
Telephone & Data Systems, Inc. | 79,288 | 2,118,575 |
United States Cellular Corp. * | 12,860 | 532,404 |
Zayo Group Holdings, Inc. * | 35,194 | 833,394 |
8,865,635 |
Security | Number of Shares | Value ($) |
Transportation 2.6% | ||
Alaska Air Group, Inc. | 106,522 | 7,871,976 |
AMERCO | 5,021 | 1,721,249 |
Avis Budget Group, Inc. * | 88,769 | 2,276,037 |
Expeditors International of Washington, Inc. | 157,612 | 7,215,477 |
Genesee & Wyoming, Inc., Class A * | 47,217 | 2,678,148 |
J.B. Hunt Transport Services, Inc. | 77,562 | 5,917,205 |
JetBlue Airways Corp. * | 266,860 | 5,870,920 |
Kirby Corp. * | 47,667 | 2,698,429 |
Landstar System, Inc. | 38,019 | 2,250,725 |
Macquarie Infrastructure Corp. | 64,629 | 3,945,600 |
Old Dominion Freight Line, Inc. * | 58,194 | 3,757,005 |
Ryder System, Inc. | 45,816 | 2,598,684 |
48,801,455 | ||
Utilities 6.8% | ||
AGL Resources, Inc. | 103,320 | 6,679,638 |
Alliant Energy Corp. | 95,946 | 6,519,531 |
American Water Works Co., Inc. | 153,430 | 9,945,333 |
Aqua America, Inc. | 147,596 | 4,512,010 |
Atmos Energy Corp. | 87,521 | 6,074,833 |
Calpine Corp. * | 277,884 | 3,490,223 |
CenterPoint Energy, Inc. | 365,268 | 6,804,943 |
Cleco Corp. | 51,844 | 2,380,158 |
CMS Energy Corp. | 235,922 | 9,333,074 |
Great Plains Energy, Inc. | 129,093 | 3,787,589 |
ITC Holdings Corp. | 130,185 | 5,289,417 |
MDU Resources Group, Inc. | 162,761 | 2,963,878 |
National Fuel Gas Co. | 73,505 | 3,357,708 |
NiSource, Inc. | 269,576 | 5,790,492 |
NRG Energy, Inc. | 276,190 | 2,977,328 |
OGE Energy Corp. | 169,846 | 4,225,768 |
Pepco Holdings, Inc. | 214,410 | 5,613,254 |
Pinnacle West Capital Corp. | 93,751 | 6,452,881 |
Questar Corp. | 150,692 | 3,732,641 |
SCANA Corp. | 122,054 | 7,935,951 |
TECO Energy, Inc. | 199,598 | 5,482,957 |
UGI Corp. | 146,589 | 5,417,929 |
Vectren Corp. | 72,123 | 3,283,039 |
Westar Energy, Inc. | 121,037 | 5,260,268 |
127,310,843 | ||
Total Common Stock | ||
(Cost $1,948,119,261) | 1,873,490,426 | |
Other Investment Companies 2.3% of net assets | ||
Equity Fund 0.1% | ||
SPDR S&P MidCap 400 ETF Trust | 2,900 | 704,961 |
Money Market Fund 0.0% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.24% (b) | 438,435 | 438,435 |
Security | Number of Shares | Value ($) |
Securities Lending Collateral 2.2% | ||
Wells Fargo Advantage Government Money Market Fund, Institutional Class 0.16% (b) | 41,906,539 | 41,906,539 |
Total Other Investment Companies | ||
(Cost $43,029,761) | 43,049,935 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $40,167,302. |
(b) | The rate shown is the 7-day yield. |
(c) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
ETF — | Exchange-traded fund |
Holdings by Category | Cost ($) | Value ($) | |
99.8% | Common Stock | 2,965,307,451 | 2,792,144,646 |
0.0% | Rights | 330,693 | 313,380 |
0.0% | Warrants | — | — |
3.7% | Other Investment Companies | 102,872,256 | 102,872,256 |
103.5% | Total Investments | 3,068,510,400 | 2,895,330,282 |
(3.5%) | Other Assets and Liabilities, Net | (98,824,778) | |
100.0% | Net Assets | 2,796,505,504 |
Security | Number of Shares | Value ($) |
Common Stock 99.8% of net assets | ||
Automobiles & Components 1.2% | ||
American Axle & Manufacturing Holdings, Inc. * | 96,533 | 1,411,313 |
Cooper Tire & Rubber Co. | 67,663 | 2,659,156 |
Cooper-Standard Holding, Inc. * | 23,414 | 1,715,075 |
Dana Holding Corp. | 205,604 | 2,557,714 |
Dorman Products, Inc. * | 41,905 | 2,119,136 |
Drew Industries, Inc. | 32,567 | 1,960,208 |
Federal-Mogul Holdings Corp. * | 52,389 | 380,344 |
Fox Factory Holding Corp. * | 25,725 | 384,074 |
Gentex Corp. | 384,914 | 5,604,348 |
Gentherm, Inc. * | 47,957 | 1,999,807 |
Horizon Global Corp. * | 24,913 | 219,982 |
Metaldyne Performance Group, Inc. | 13,283 | 189,681 |
Modine Manufacturing Co. * | 50,832 | 481,887 |
Standard Motor Products, Inc. | 27,402 | 825,074 |
Superior Industries International, Inc. | 32,555 | 642,961 |
Tenneco, Inc. * | 74,746 | 3,402,438 |
Thor Industries, Inc. | 58,412 | 3,234,857 |
Visteon Corp. | 50,311 | 3,517,745 |
Winnebago Industries, Inc. | 35,115 | 657,704 |
33,963,504 | ||
Banks 8.5% | ||
1st Source Corp. | 21,972 | 669,047 |
Ameris Bancorp | 34,066 | 919,441 |
Arrow Financial Corp. | 18,641 | 487,835 |
Associated Banc-Corp. | 194,032 | 3,337,350 |
Astoria Financial Corp. | 117,188 | 1,744,929 |
Security | Number of Shares | Value ($) |
BancFirst Corp. | 11,043 | 623,929 |
BancorpSouth, Inc. | 110,703 | 2,205,204 |
Bank Mutual Corp. | 55,654 | 415,735 |
Bank of Hawaii Corp. | 57,771 | 3,668,458 |
Bank of the Ozarks, Inc. | 105,453 | 3,990,342 |
BankUnited, Inc. | 133,710 | 4,294,765 |
Banner Corp. | 27,584 | 1,095,361 |
BBCN Bancorp, Inc. | 106,547 | 1,524,688 |
Beneficial Bancorp, Inc. * | 123,315 | 1,577,199 |
Berkshire Hills Bancorp, Inc. | 39,781 | 1,027,145 |
BNC Bancorp | 49,772 | 1,009,376 |
BofI Holding, Inc. *(a) | 72,454 | 1,342,573 |
Boston Private Financial Holdings, Inc. | 107,519 | 1,135,401 |
Brookline Bancorp, Inc. | 86,110 | 905,016 |
Bryn Mawr Bank Corp. | 21,082 | 529,791 |
Camden National Corp. | 10,992 | 426,600 |
Capital Bank Financial Corp., Class A | 29,493 | 868,569 |
Capitol Federal Financial, Inc. | 166,955 | 2,098,624 |
Cardinal Financial Corp. | 44,630 | 859,574 |
Cascade Bancorp * | 44,336 | 237,641 |
Cathay General Bancorp | 99,847 | 2,664,916 |
CenterState Banks, Inc. | 58,429 | 818,006 |
Central Pacific Financial Corp. | 43,292 | 862,810 |
Chemical Financial Corp. | 49,162 | 1,663,150 |
City Holding Co. | 19,537 | 860,996 |
Clifton Bancorp, Inc. | 38,671 | 570,784 |
CoBiz Financial, Inc. | 47,190 | 512,011 |
Columbia Banking System, Inc. | 76,052 | 2,192,579 |
Commerce Bancshares, Inc. | 111,961 | 4,756,103 |
Community Bank System, Inc. | 57,638 | 2,134,335 |
Community Trust Bancorp, Inc. | 19,879 | 670,320 |
Customers Bancorp, Inc. * | 31,843 | 721,244 |
CVB Financial Corp. | 128,904 | 2,001,879 |
Dime Community Bancshares, Inc. | 40,569 | 690,890 |
Eagle Bancorp, Inc. * | 38,775 | 1,777,446 |
Enterprise Financial Services Corp. | 29,098 | 806,888 |
Essent Group Ltd. * | 86,588 | 1,666,819 |
EverBank Financial Corp. | 100,644 | 1,310,385 |
F.N.B. Corp. | 288,527 | 3,543,112 |
FCB Financial Holdings, Inc., Class A * | 12,770 | 383,228 |
Federal Agricultural Mortgage Corp., Class C | 10,690 | 346,891 |
Financial Institutions, Inc. | 18,853 | 499,982 |
First Bancorp (North Carolina) | 26,423 | 488,561 |
First BanCorp (Puerto Rico) * | 145,006 | 388,616 |
First Busey Corp. | 27,985 | 530,316 |
First Citizens BancShares, Inc., Class A | 11,859 | 2,776,548 |
First Commonwealth Financial Corp. | 124,411 | 1,068,690 |
First Community Bancshares, Inc. | 20,676 | 374,236 |
First Financial Bancorp | 75,881 | 1,272,524 |
First Financial Bankshares, Inc. (a) | 86,797 | 2,292,309 |
First Financial Corp. | 16,463 | 542,456 |
First Horizon National Corp. | 310,120 | 3,727,642 |
First Interstate BancSystem, Inc., Class A | 24,921 | 667,883 |
First Merchants Corp. | 51,810 | 1,149,664 |
Security | Number of Shares | Value ($) |
First Midwest Bancorp, Inc. | 98,437 | 1,643,898 |
First NBC Bank Holding Co. * | 19,455 | 458,749 |
First Niagara Financial Group, Inc. | 459,364 | 4,244,523 |
FirstMerit Corp. | 211,507 | 4,151,882 |
Flagstar Bancorp, Inc. * | 28,895 | 554,784 |
Flushing Financial Corp. | 36,567 | 755,109 |
Fulton Financial Corp. | 245,495 | 3,095,692 |
German American Bancorp, Inc. | 17,478 | 558,073 |
Glacier Bancorp, Inc. | 97,655 | 2,326,142 |
Great Southern Bancorp, Inc. | 13,532 | 508,397 |
Great Western Bancorp, Inc. | 75,515 | 1,858,424 |
Hancock Holding Co. | 112,816 | 2,602,665 |
Hanmi Financial Corp. | 39,394 | 820,577 |
Heartland Financial USA, Inc. | 22,039 | 647,947 |
Hilltop Holdings, Inc. * | 104,102 | 1,736,421 |
Home BancShares, Inc. | 79,297 | 3,133,817 |
HomeTrust Bancshares, Inc. * | 23,074 | 406,333 |
IBERIABANK Corp. | 43,018 | 2,051,098 |
Independent Bank Corp. | 33,855 | 1,462,536 |
Independent Bank Group, Inc. | 12,691 | 349,002 |
International Bancshares Corp. | 74,558 | 1,681,283 |
Investors Bancorp, Inc. | 474,323 | 5,369,336 |
Kearny Financial Corp. | 30,683 | 367,276 |
Lakeland Bancorp, Inc. | 45,409 | 454,090 |
Lakeland Financial Corp. | 19,859 | 848,178 |
LegacyTexas Financial Group, Inc. | 59,249 | 1,051,670 |
LendingTree, Inc. * | 8,519 | 752,824 |
MainSource Financial Group, Inc. | 25,295 | 523,606 |
MB Financial, Inc. | 91,369 | 2,788,582 |
Meridian Bancorp, Inc. | 60,017 | 827,634 |
MGIC Investment Corp. * | 440,171 | 3,010,770 |
National Bank Holdings Corp., Class A | 41,251 | 797,794 |
National Penn Bancshares, Inc. | 180,723 | 2,011,447 |
Nationstar Mortgage Holdings, Inc. *(a) | 55,096 | 651,235 |
NBT Bancorp, Inc. | 56,425 | 1,455,765 |
NMI Holdings, Inc., Class A * | 65,768 | 335,417 |
Northfield Bancorp, Inc. | 58,999 | 926,874 |
Northwest Bancshares, Inc. | 128,401 | 1,616,569 |
OceanFirst Financial Corp. | 15,128 | 257,025 |
Ocwen Financial Corp. * | 143,887 | 545,332 |
OFG Bancorp | 59,518 | 346,395 |
Old National Bancorp | 146,528 | 1,635,252 |
Opus Bank | 20,762 | 669,782 |
Oritani Financial Corp. | 51,473 | 870,923 |
PacWest Bancorp | 146,173 | 4,703,847 |
Park National Corp. | 15,969 | 1,360,399 |
Park Sterling Corp. | 59,899 | 373,171 |
Peoples Financial Services Corp. (a) | 6,384 | 231,228 |
PHH Corp. * | 68,549 | 621,739 |
Pinnacle Financial Partners, Inc. | 46,529 | 2,157,550 |
Popular, Inc. | 133,530 | 3,538,545 |
PrivateBancorp, Inc. | 101,365 | 3,482,901 |
Prosperity Bancshares, Inc. | 85,798 | 3,470,529 |
Provident Financial Services, Inc. | 74,769 | 1,389,956 |
Radian Group, Inc. | 275,995 | 2,980,746 |
Renasant Corp. | 48,538 | 1,515,356 |
Republic Bancorp, Inc., Class A | 8,231 | 210,796 |
S&T Bancorp, Inc. | 43,180 | 1,089,000 |
Sandy Spring Bancorp, Inc. | 29,533 | 767,267 |
Security | Number of Shares | Value ($) |
ServisFirst Bancshares, Inc. | 27,008 | 987,142 |
Simmons First National Corp., Class A | 35,444 | 1,459,938 |
South State Corp. | 31,673 | 1,977,979 |
Southside Bancshares, Inc. | 32,795 | 768,059 |
Southwest Bancorp, Inc. | 27,658 | 419,019 |
State Bank Financial Corp. | 46,762 | 875,385 |
Sterling Bancorp | 156,010 | 2,248,104 |
Stock Yards Bancorp, Inc. | 19,381 | 723,880 |
Stonegate Mortgage Corp. *(a) | 30,640 | 143,395 |
Sun Bancorp, Inc. * | 9,325 | 193,774 |
Synovus Financial Corp. | 169,429 | 4,505,117 |
Talmer Bancorp, Inc., Class A | 78,476 | 1,318,397 |
TCF Financial Corp. | 213,908 | 2,425,717 |
Texas Capital Bancshares, Inc. * | 58,938 | 1,905,466 |
TFS Financial Corp. | 85,923 | 1,452,099 |
The Bancorp, Inc. * | 50,459 | 240,689 |
The First of Long Island Corp. | 17,218 | 479,349 |
Tompkins Financial Corp. | 14,877 | 840,104 |
Towne Bank | 63,466 | 1,106,212 |
TriCo Bancshares | 26,409 | 654,943 |
TrustCo Bank Corp. | 133,680 | 771,334 |
Trustmark Corp. | 89,306 | 1,954,015 |
UMB Financial Corp. | 54,598 | 2,681,308 |
Umpqua Holdings Corp. | 291,251 | 4,380,415 |
Union Bankshares Corp. | 61,023 | 1,388,883 |
United Bankshares, Inc. | 88,469 | 3,099,954 |
United Community Banks, Inc. | 79,661 | 1,378,932 |
United Financial Bancorp, Inc. | 67,747 | 784,510 |
Univest Corp. of Pennsylvania | 15,179 | 289,767 |
Valley National Bancorp | 305,567 | 2,750,103 |
Walker & Dunlop, Inc. * | 37,735 | 872,433 |
Walter Investment Management Corp. *(a) | 45,822 | 343,665 |
Washington Federal, Inc. | 123,977 | 2,627,073 |
Washington Trust Bancorp, Inc. | 16,836 | 624,616 |
Waterstone Financial, Inc. | 27,243 | 384,671 |
Webster Financial Corp. | 118,273 | 3,975,156 |
WesBanco, Inc. | 43,407 | 1,227,116 |
Westamerica Bancorp (a) | 32,935 | 1,481,746 |
Western Alliance Bancorp * | 121,210 | 3,602,361 |
Wilshire Bancorp, Inc. | 93,519 | 920,227 |
Wintrust Financial Corp. | 62,302 | 2,647,835 |
WSFS Financial Corp. | 38,202 | 1,157,521 |
238,851,379 | ||
Capital Goods 8.8% | ||
AAON, Inc. | 52,612 | 1,304,778 |
AAR Corp. | 43,667 | 929,670 |
Actuant Corp., Class A | 75,512 | 1,767,736 |
Advanced Drainage Systems, Inc. | 43,490 | 843,706 |
AECOM * | 206,102 | 5,659,561 |
Aegion Corp. * | 43,596 | 789,524 |
Aerojet Rocketdyne Holdings, Inc. * | 82,136 | 1,275,572 |
Aerovironment, Inc. * | 28,926 | 719,679 |
Air Lease Corp. | 122,358 | 3,676,858 |
Aircastle Ltd. | 84,391 | 1,692,883 |
Alamo Group, Inc. | 11,782 | 611,368 |
Albany International Corp., Class A | 36,871 | 1,350,216 |
Security | Number of Shares | Value ($) |
Altra Industrial Motion Corp. | 31,220 | 758,958 |
Ameresco, Inc., Class A * | 23,330 | 119,916 |
American Railcar Industries, Inc. (a) | 13,562 | 559,704 |
American Science & Engineering, Inc. | 10,835 | 256,898 |
American Woodmark Corp. * | 17,850 | 1,218,977 |
Apogee Enterprises, Inc. | 39,300 | 1,569,249 |
Applied Industrial Technologies, Inc. | 50,893 | 1,959,380 |
Armstrong World Industries, Inc. * | 62,342 | 2,526,721 |
Astec Industries, Inc. | 23,981 | 1,041,495 |
Astronics Corp. * | 24,804 | 789,015 |
AZZ, Inc. | 34,074 | 1,720,737 |
Babcock & Wilcox Enterprises, Inc. * | 73,258 | 1,430,729 |
Barnes Group, Inc. | 68,776 | 2,359,705 |
Beacon Roofing Supply, Inc. * | 63,949 | 2,308,559 |
Blount International, Inc. * | 66,039 | 640,578 |
BMC Stock Holdings, Inc. * | 21,365 | 325,816 |
Briggs & Stratton Corp. | 55,868 | 1,188,312 |
Builders FirstSource, Inc. * | 84,643 | 671,219 |
BWX Technologies, Inc. | 138,604 | 4,421,468 |
CAI International, Inc. * | 24,692 | 191,857 |
Chart Industries, Inc. * | 41,497 | 836,994 |
CIRCOR International, Inc. | 20,937 | 839,364 |
CLARCOR, Inc. | 64,921 | 3,125,297 |
Columbus McKinnon Corp. | 27,175 | 376,374 |
Comfort Systems USA, Inc. | 48,188 | 1,351,673 |
Continental Building Products, Inc. * | 56,763 | 958,159 |
Crane Co. | 68,452 | 3,357,571 |
CSW Industrials, Inc. * | 18,490 | 563,945 |
Cubic Corp. | 28,712 | 1,008,940 |
Curtiss-Wright Corp. | 59,750 | 4,217,752 |
DigitalGlobe, Inc. * | 79,568 | 1,196,703 |
Douglas Dynamics, Inc. | 31,590 | 617,900 |
DXP Enterprises, Inc. * | 17,211 | 233,897 |
Dycom Industries, Inc. * | 42,300 | 2,409,831 |
EMCOR Group, Inc. | 80,858 | 3,708,956 |
Encore Wire Corp. | 25,931 | 937,146 |
EnerSys | 57,150 | 2,935,224 |
Engility Holdings, Inc. * | 24,050 | 348,966 |
EnPro Industries, Inc. | 27,043 | 1,402,991 |
ESCO Technologies, Inc. | 32,166 | 1,148,005 |
Esterline Technologies Corp. * | 37,759 | 2,114,882 |
Federal Signal Corp. | 81,851 | 970,753 |
Franklin Electric Co., Inc. | 49,530 | 1,478,471 |
GATX Corp. | 55,203 | 2,374,281 |
Generac Holdings, Inc. * | 88,768 | 3,083,800 |
General Cable Corp. | 60,845 | 522,659 |
Gibraltar Industries, Inc. * | 40,454 | 999,821 |
Global Brass & Copper Holdings, Inc. | 31,568 | 695,759 |
Graco, Inc. | 76,408 | 5,984,275 |
Graham Corp. | 14,614 | 268,459 |
Granite Construction, Inc. | 51,930 | 2,152,498 |
Great Lakes Dredge & Dock Corp. * | 75,017 | 255,058 |
Griffon Corp. | 48,516 | 720,948 |
H&E Equipment Services, Inc. | 44,717 | 588,923 |
Harsco Corp. | 103,834 | 393,531 |
Security | Number of Shares | Value ($) |
HEICO Corp. | 27,140 | 1,560,821 |
HEICO Corp., Class A | 46,126 | 2,015,706 |
Hexcel Corp. | 123,757 | 5,114,877 |
Hillenbrand, Inc. | 83,362 | 2,344,139 |
Huntington Ingalls Industries, Inc. | 61,355 | 8,041,186 |
Hyster-Yale Materials Handling, Inc. | 11,473 | 678,284 |
Insteel Industries, Inc. | 23,386 | 612,245 |
ITT Corp. | 124,778 | 4,399,672 |
John Bean Technologies Corp. | 40,362 | 2,123,041 |
Joy Global, Inc. (a) | 123,632 | 1,597,325 |
Kadant, Inc. | 13,044 | 497,889 |
Kaman Corp. | 35,106 | 1,542,558 |
KBR, Inc. | 185,019 | 2,558,813 |
Kennametal, Inc. | 100,849 | 2,030,090 |
KLX, Inc. * | 78,116 | 2,186,467 |
Kratos Defense & Security Solutions, Inc. * | 72,542 | 242,290 |
L.B. Foster Co., Class A | 14,660 | 201,428 |
Lennox International, Inc. | 53,050 | 6,854,590 |
Lindsay Corp. (a) | 14,586 | 1,056,026 |
Lydall, Inc. * | 23,643 | 684,465 |
Masonite International Corp. * | 36,005 | 2,070,648 |
MasTec, Inc. * | 80,772 | 1,371,509 |
Meritor, Inc. * | 112,564 | 836,351 |
Milacron Holdings Corp. * | 20,700 | 283,176 |
Moog, Inc., Class A * | 42,814 | 1,848,709 |
MRC Global, Inc. * | 131,884 | 1,576,014 |
Mueller Industries, Inc. | 75,067 | 1,968,257 |
Mueller Water Products, Inc., Class A | 205,292 | 1,767,564 |
MYR Group, Inc. * | 27,473 | 616,219 |
National Presto Industries, Inc. (a) | 5,820 | 473,748 |
Navistar International Corp. *(a) | 81,150 | 682,472 |
NCI Building Systems, Inc. * | 37,471 | 409,933 |
Nortek, Inc. * | 12,181 | 502,223 |
NOW, Inc. * | 149,852 | 2,424,605 |
Orbital ATK, Inc. | 77,422 | 6,484,867 |
Oshkosh Corp. | 96,387 | 3,325,351 |
PGT, Inc. * | 61,557 | 608,799 |
Plug Power, Inc. *(a) | 199,233 | 414,405 |
Ply Gem Holdings, Inc. * | 26,206 | 267,301 |
Powell Industries, Inc. | 13,606 | 360,151 |
Power Solutions International, Inc. *(a) | 5,869 | 58,690 |
Preformed Line Products Co. | 4,185 | 136,850 |
Primoris Services Corp. | 52,469 | 1,120,738 |
Proto Labs, Inc. * | 34,706 | 2,258,319 |
Quanex Building Products Corp. | 42,130 | 725,479 |
Raven Industries, Inc. | 51,734 | 790,496 |
RBC Bearings, Inc. * | 30,341 | 1,932,570 |
Regal Beloit Corp. | 57,593 | 3,143,426 |
Rexnord Corp. * | 128,479 | 2,330,609 |
Rush Enterprises, Inc., Class A * | 39,616 | 686,941 |
Rush Enterprises, Inc., Class B * | 10,612 | 183,588 |
Simpson Manufacturing Co., Inc. | 57,920 | 1,965,805 |
SPX Corp. | 51,939 | 612,361 |
SPX FLOW, Inc. * | 61,039 | 1,143,260 |
Standex International Corp. | 16,369 | 1,152,869 |
Sun Hydraulics Corp. | 34,558 | 1,029,137 |
Sunrun, Inc. *(a) | 21,008 | 118,065 |
TAL International Group, Inc. * | 46,793 | 595,675 |
Security | Number of Shares | Value ($) |
TASER International, Inc. * | 77,653 | 1,504,915 |
Teledyne Technologies, Inc. * | 45,745 | 3,896,559 |
Tennant Co. | 22,574 | 1,050,594 |
Terex Corp. | 143,735 | 3,216,789 |
Textainer Group Holdings Ltd. (a) | 33,857 | 406,961 |
The Gorman-Rupp Co. | 23,659 | 597,626 |
The Greenbrier Cos., Inc. | 31,865 | 810,964 |
The KEYW Holding Corp. * | 45,909 | 286,013 |
The Manitowoc Co., Inc. (a) | 174,585 | 2,767,172 |
The Timken Co. | 92,350 | 2,754,800 |
The Toro Co. | 72,446 | 5,773,946 |
Thermon Group Holdings, Inc. * | 40,541 | 687,170 |
Titan International, Inc. | 53,975 | 273,653 |
Titan Machinery, Inc. * | 20,100 | 191,352 |
Trex Co., Inc. * | 41,098 | 1,770,091 |
TriMas Corp. * | 62,410 | 1,032,261 |
Triumph Group, Inc. | 65,480 | 1,994,521 |
Tutor Perini Corp. * | 46,142 | 616,457 |
Univar, Inc. * | 43,162 | 678,938 |
Universal Forest Products, Inc. | 26,578 | 2,039,064 |
USG Corp. * | 116,249 | 2,476,104 |
Valmont Industries, Inc. | 31,124 | 3,518,568 |
Wabash National Corp. * | 83,940 | 984,616 |
Watsco, Inc. | 34,227 | 4,365,654 |
Watts Water Technologies, Inc., Class A | 37,889 | 1,953,936 |
WESCO International, Inc. * | 55,652 | 2,451,471 |
Woodward, Inc. | 73,545 | 3,452,938 |
247,032,875 | ||
Commercial & Professional Services 3.3% | ||
ABM Industries, Inc. | 75,281 | 2,363,823 |
Acacia Research Corp. | 64,842 | 204,901 |
ACCO Brands Corp. * | 135,889 | 993,349 |
Barrett Business Services, Inc. | 9,693 | 338,673 |
Brady Corp., Class A | 59,678 | 1,559,386 |
CBIZ, Inc. * | 58,851 | 623,821 |
CDI Corp. | 18,116 | 88,406 |
CEB, Inc. | 43,359 | 2,353,093 |
Clean Harbors, Inc. * | 68,197 | 2,905,192 |
Covanta Holding Corp. | 170,728 | 2,378,241 |
Deluxe Corp. | 64,168 | 3,683,885 |
Ennis, Inc. | 33,921 | 669,601 |
Essendant, Inc. | 48,392 | 1,426,112 |
Exponent, Inc. | 34,192 | 1,596,424 |
Franklin Covey Co. * | 20,128 | 347,611 |
FTI Consulting, Inc. * | 55,069 | 1,812,321 |
G&K Services, Inc., Class A | 26,598 | 1,763,447 |
GP Strategies Corp. * | 23,530 | 580,250 |
Healthcare Services Group, Inc. | 95,900 | 3,402,532 |
Heidrick & Struggles International, Inc. | 22,235 | 522,300 |
Heritage-Crystal Clean, Inc. * | 24,285 | 186,509 |
Herman Miller, Inc. | 75,524 | 1,970,421 |
HNI Corp. | 55,796 | 1,886,463 |
Huron Consulting Group, Inc. * | 31,295 | 1,737,498 |
ICF International, Inc. * | 23,200 | 783,696 |
InnerWorkings, Inc. * | 54,608 | 375,703 |
Insperity, Inc. | 23,780 | 1,129,312 |
Interface, Inc. | 84,421 | 1,342,294 |
KAR Auction Services, Inc. | 181,351 | 6,421,639 |
Security | Number of Shares | Value ($) |
Kelly Services, Inc., Class A | 40,800 | 702,984 |
Kforce, Inc. | 30,490 | 486,011 |
Kimball International, Inc., Class B | 45,682 | 481,031 |
Knoll, Inc. | 64,611 | 1,234,070 |
Korn/Ferry International | 67,741 | 1,925,199 |
Matthews International Corp., Class A | 41,478 | 1,964,813 |
McGrath RentCorp | 32,748 | 805,601 |
Mistras Group, Inc. * | 20,988 | 450,402 |
Mobile Mini, Inc. | 57,896 | 1,663,931 |
MSA Safety, Inc. | 40,447 | 1,766,321 |
Multi-Color Corp. | 16,806 | 818,116 |
Navigant Consulting, Inc. * | 64,916 | 985,425 |
NL Industries, Inc. * | 13,323 | 33,707 |
On Assignment, Inc. * | 64,018 | 2,113,234 |
Pendrell Corp. * | 180,314 | 102,779 |
Pitney Bowes, Inc. | 257,876 | 4,672,713 |
Quad/Graphics, Inc. | 25,691 | 325,248 |
R.R. Donnelley & Sons Co. | 267,507 | 4,060,756 |
Resources Connection, Inc. | 49,464 | 686,066 |
RPX Corp. * | 68,249 | 676,348 |
SP Plus Corp. * | 23,656 | 590,690 |
Steelcase, Inc., Class A | 119,343 | 1,490,594 |
Team, Inc. * | 40,897 | 1,048,190 |
Tetra Tech, Inc. | 76,804 | 2,114,414 |
The Advisory Board Co. * | 54,575 | 1,609,417 |
The Brink's Co. | 62,446 | 1,826,546 |
TransUnion * | 37,927 | 1,000,135 |
TriNet Group, Inc. * | 52,291 | 684,489 |
TrueBlue, Inc. * | 55,909 | 1,283,112 |
UniFirst Corp. | 20,363 | 2,146,464 |
US Ecology, Inc. | 27,139 | 1,004,143 |
Viad Corp. | 29,151 | 826,722 |
WageWorks, Inc. * | 47,613 | 2,293,518 |
West Corp. | 68,118 | 1,517,669 |
90,837,761 | ||
Consumer Durables & Apparel 2.6% | ||
Arctic Cat, Inc. | 15,829 | 276,691 |
Beazer Homes USA, Inc. * | 37,818 | 276,828 |
Brunswick Corp. | 121,605 | 5,173,077 |
CalAtlantic Group, Inc. | 98,739 | 2,995,741 |
Callaway Golf Co. | 115,419 | 1,026,075 |
Cavco Industries, Inc. * | 10,071 | 817,161 |
Columbia Sportswear Co. | 38,038 | 2,264,022 |
Crocs, Inc. * | 100,173 | 980,694 |
Deckers Outdoor Corp. * | 41,571 | 2,351,256 |
Ethan Allen Interiors, Inc. | 33,295 | 949,906 |
Fossil Group, Inc. * | 57,483 | 2,696,528 |
G-III Apparel Group Ltd. * | 52,283 | 2,757,928 |
Helen of Troy Ltd. * | 36,297 | 3,461,282 |
Hovnanian Enterprises, Inc., Class A *(a) | 154,026 | 232,579 |
Iconix Brand Group, Inc. *(a) | 66,097 | 575,044 |
Installed Building Products, Inc. * | 23,584 | 526,867 |
iRobot Corp. * | 37,412 | 1,172,492 |
Kate Spade & Co. * | 174,581 | 3,460,195 |
KB Home (a) | 124,591 | 1,520,010 |
La-Z-Boy, Inc. | 74,995 | 1,826,128 |
LGI Homes, Inc. *(a) | 21,436 | 508,891 |
Libbey, Inc. | 31,015 | 515,779 |
Security | Number of Shares | Value ($) |
M.D.C Holdings, Inc. | 53,661 | 1,186,445 |
M/I Homes, Inc. * | 29,075 | 510,848 |
Marine Products Corp. | 18,129 | 133,248 |
Meritage Homes Corp. * | 52,821 | 1,715,098 |
Movado Group, Inc. | 22,688 | 662,716 |
NACCO Industries, Inc., Class A | 5,856 | 289,345 |
Oxford Industries, Inc. | 18,302 | 1,329,274 |
Perry Ellis International, Inc. * | 18,133 | 334,917 |
Smith & Wesson Holding Corp. * | 68,645 | 1,740,837 |
Steven Madden Ltd. * | 74,461 | 2,621,027 |
Sturm Ruger & Co., Inc. | 25,283 | 1,777,648 |
Taylor Morrison Home Corp., Class A * | 42,653 | 593,303 |
Tempur Sealy International, Inc. * | 81,999 | 4,728,882 |
TopBuild Corp. * | 48,599 | 1,311,201 |
TRI Pointe Group, Inc. * | 187,126 | 1,929,269 |
Tumi Holdings, Inc. * | 70,403 | 1,390,459 |
Tupperware Brands Corp. | 67,449 | 3,369,752 |
Unifi, Inc. * | 17,311 | 387,939 |
Universal Electronics, Inc. * | 18,152 | 964,597 |
Vera Bradley, Inc. * | 24,638 | 409,730 |
Vince Holding Corp. * | 36,887 | 238,290 |
Vista Outdoor, Inc. * | 81,012 | 3,993,892 |
WCI Communities, Inc. * | 26,065 | 449,621 |
William Lyon Homes, Class A * | 24,799 | 294,116 |
Wolverine World Wide, Inc. | 130,235 | 2,465,349 |
71,192,977 | ||
Consumer Services 4.3% | ||
2U, Inc. * | 42,203 | 943,237 |
American Public Education, Inc. * | 22,290 | 343,935 |
Apollo Education Group, Inc. * | 133,643 | 1,094,536 |
Ascent Capital Group, Inc., Class A * | 18,114 | 251,785 |
Belmond Ltd., Class A * | 108,851 | 1,000,341 |
Biglari Holdings, Inc. * | 1,288 | 474,911 |
BJ's Restaurants, Inc. * | 26,749 | 1,179,096 |
Bloomin' Brands, Inc. | 157,453 | 2,722,362 |
Bob Evans Farms, Inc. | 28,339 | 1,216,026 |
Bojangles', Inc. *(a) | 9,980 | 144,311 |
Boyd Gaming Corp. * | 111,623 | 1,933,310 |
Bravo Brio Restaurant Group, Inc. * | 22,597 | 176,483 |
Bridgepoint Education, Inc. * | 23,749 | 150,331 |
Bright Horizons Family Solutions, Inc. * | 57,143 | 3,621,152 |
Brinker International, Inc. | 77,337 | 3,851,383 |
Buffalo Wild Wings, Inc. * | 25,371 | 4,025,109 |
Caesars Entertainment Corp. *(a) | 54,625 | 493,810 |
Capella Education Co. | 14,267 | 659,706 |
Carriage Services, Inc. | 20,713 | 426,895 |
Chegg, Inc. *(a) | 69,949 | 300,081 |
Choice Hotels International, Inc. | 47,118 | 2,442,126 |
Churchill Downs, Inc. | 16,641 | 2,256,852 |
Chuy's Holdings, Inc. * | 22,691 | 727,020 |
ClubCorp Holdings, Inc. | 82,373 | 1,093,090 |
Cracker Barrel Old Country Store, Inc. (a) | 30,848 | 4,567,046 |
Dave & Buster's Entertainment, Inc. * | 34,072 | 1,257,598 |
Security | Number of Shares | Value ($) |
Del Frisco's Restaurant Group, Inc. * | 35,283 | 544,770 |
Denny's Corp. * | 104,123 | 1,075,591 |
DeVry Education Group, Inc. | 72,525 | 1,324,306 |
Diamond Resorts International, Inc. *(a) | 70,149 | 1,528,547 |
DineEquity, Inc. | 22,592 | 2,066,490 |
El Pollo Loco Holdings, Inc. * | 25,748 | 332,407 |
Fiesta Restaurant Group, Inc. * | 35,612 | 1,179,469 |
Graham Holdings Co., Class B | 5,918 | 2,888,635 |
Grand Canyon Education, Inc. * | 59,480 | 2,318,530 |
Houghton Mifflin Harcourt Co. * | 146,026 | 2,746,749 |
International Speedway Corp., Class A | 34,925 | 1,204,563 |
Interval Leisure Group, Inc. | 52,397 | 678,541 |
Intrawest Resorts Holdings, Inc. * | 23,438 | 200,395 |
Isle of Capri Casinos, Inc. * | 31,683 | 359,602 |
Jack in the Box, Inc. | 46,972 | 3,229,325 |
K12, Inc. * | 40,636 | 397,826 |
Krispy Kreme Doughnuts, Inc. * | 81,568 | 1,194,156 |
La Quinta Holdings, Inc. * | 120,829 | 1,312,203 |
LifeLock, Inc. * | 109,942 | 1,212,660 |
Marriott Vacations Worldwide Corp. | 33,893 | 2,052,221 |
Noodles & Co. * | 27,336 | 350,721 |
Panera Bread Co., Class A * | 31,482 | 6,523,070 |
Papa John's International, Inc. | 37,616 | 2,187,370 |
Penn National Gaming, Inc. * | 92,447 | 1,279,466 |
Pinnacle Entertainment, Inc. * | 78,082 | 2,257,351 |
Popeyes Louisiana Kitchen, Inc. * | 28,367 | 1,545,718 |
Potbelly Corp. * | 37,722 | 473,411 |
Red Robin Gourmet Burgers, Inc. * | 19,261 | 1,253,891 |
Regis Corp. * | 53,527 | 767,042 |
Ruby Tuesday, Inc. * | 90,853 | 480,612 |
Ruth's Hospitality Group, Inc. | 45,459 | 798,715 |
Scientific Games Corp., Class A *(a) | 72,684 | 618,541 |
SeaWorld Entertainment, Inc. | 91,062 | 1,647,312 |
ServiceMaster Global Holdings, Inc. * | 177,538 | 6,734,016 |
Shake Shack, Inc., Class A *(a) | 6,270 | 261,020 |
Six Flags Entertainment Corp. | 112,701 | 5,731,973 |
Sonic Corp. | 63,959 | 1,878,476 |
Sotheby's | 79,426 | 1,806,941 |
Speedway Motorsports, Inc. | 14,613 | 266,249 |
Strayer Education, Inc. * | 15,562 | 702,313 |
Texas Roadhouse, Inc. | 83,798 | 3,495,215 |
The Cheesecake Factory, Inc. | 58,152 | 2,901,785 |
The Habit Restaurants, Inc., Class A *(a) | 13,769 | 286,120 |
The Marcus Corp. | 27,722 | 517,847 |
The Wendy's Co. | 296,561 | 2,778,777 |
Vail Resorts, Inc. | 47,921 | 6,105,615 |
Weight Watchers International, Inc. *(a) | 37,917 | 446,283 |
Wingstop, Inc. * | 7,483 | 178,245 |
Zoe's Kitchen, Inc. *(a) | 23,974 | 837,412 |
120,311,025 |
Security | Number of Shares | Value ($) |
Diversified Financials 2.4% | ||
Arlington Asset Investment Corp., Class A | 31,855 | 385,764 |
Artisan Partners Asset Management, Inc., Class A | 46,786 | 1,327,787 |
BGC Partners, Inc., Class A | 247,438 | 2,137,864 |
Cash America International, Inc. | 33,898 | 1,142,024 |
CBOE Holdings, Inc. | 109,037 | 6,814,813 |
Cohen & Steers, Inc. | 24,921 | 775,542 |
Cowen Group, Inc., Class A * | 132,982 | 450,809 |
Credit Acceptance Corp. *(a) | 13,164 | 2,594,229 |
Diamond Hill Investment Group, Inc. | 4,044 | 683,436 |
Encore Capital Group, Inc. *(a) | 29,326 | 681,830 |
Enova International, Inc. * | 35,671 | 206,178 |
Evercore Partners, Inc., Class A | 51,794 | 2,417,226 |
EZCORP, Inc., Class A * | 66,467 | 192,754 |
Federated Investors, Inc., Class B | 123,511 | 3,232,283 |
Financial Engines, Inc. | 69,975 | 1,707,390 |
First Cash Financial Services, Inc. | 37,861 | 1,596,598 |
FNFV Group * | 95,250 | 968,693 |
GAMCO Investors, Inc., Class A | 5,833 | 202,638 |
Green Dot Corp., Class A * | 64,868 | 1,340,173 |
Greenhill & Co., Inc. | 36,756 | 847,593 |
HFF, Inc., Class A | 43,326 | 1,084,450 |
Interactive Brokers Group, Inc., Class A | 74,002 | 2,528,648 |
INTL FCStone, Inc. * | 20,165 | 514,812 |
Investment Technology Group, Inc. | 44,726 | 819,380 |
Janus Capital Group, Inc. | 190,574 | 2,464,122 |
KCG Holdings, Inc., Class A * | 65,276 | 689,967 |
Ladenburg Thalmann Financial Services, Inc. * | 145,549 | 339,129 |
MarketAxess Holdings, Inc. | 49,425 | 5,854,886 |
Moelis & Co., Class A | 22,524 | 556,793 |
Morningstar, Inc. | 24,506 | 1,945,531 |
Nelnet, Inc., Class A | 23,850 | 896,760 |
NewStar Financial, Inc. * | 32,705 | 224,356 |
NorthStar Asset Management Group, Inc. | 252,985 | 2,765,126 |
On Deck Capital, Inc. *(a) | 49,690 | 332,923 |
PICO Holdings, Inc. * | 35,590 | 304,295 |
Piper Jaffray Cos. * | 19,930 | 844,036 |
PJT Partners, Inc., Class A * | 21,580 | 600,356 |
PRA Group, Inc. * | 61,873 | 1,509,701 |
Pzena Investment Management, Inc., Class A | 16,168 | 100,888 |
Safeguard Scientifics, Inc. * | 22,371 | 264,425 |
SLM Corp. * | 550,744 | 3,216,345 |
Stifel Financial Corp. * | 90,912 | 2,632,812 |
Virtu Financial, Inc., Class A | 28,531 | 636,527 |
Virtus Investment Partners, Inc. | 8,893 | 816,466 |
Waddell & Reed Financial, Inc., Class A | 108,052 | 2,530,578 |
Westwood Holdings Group, Inc. | 10,696 | 530,415 |
WisdomTree Investments, Inc. (a) | 147,504 | 1,747,922 |
World Acceptance Corp. *(a) | 12,200 | 448,106 |
66,905,379 |
Security | Number of Shares | Value ($) |
Energy 3.6% | ||
Alon USA Energy, Inc. | 44,120 | 435,023 |
Archrock, Inc. | 86,950 | 346,930 |
Atwood Oceanics, Inc. (a) | 72,836 | 501,112 |
Basic Energy Services, Inc. *(a) | 51,908 | 90,839 |
Bill Barrett Corp. *(a) | 62,439 | 178,576 |
Bonanza Creek Energy, Inc. *(a) | 51,373 | 95,554 |
Bristow Group, Inc. | 45,970 | 699,204 |
C&J Energy Services Ltd. *(a) | 57,324 | 59,044 |
California Resources Corp. | 432,374 | 243,037 |
CARBO Ceramics, Inc. (a) | 26,529 | 530,315 |
Carrizo Oil & Gas, Inc. * | 69,819 | 1,501,108 |
Clayton Williams Energy, Inc. *(a) | 8,438 | 123,448 |
Clean Energy Fuels Corp. *(a) | 99,999 | 287,997 |
Cloud Peak Energy, Inc. * | 78,069 | 132,717 |
Cobalt International Energy, Inc. * | 429,724 | 1,143,066 |
CONSOL Energy, Inc. (a) | 305,737 | 2,638,510 |
Contango Oil & Gas Co. * | 30,471 | 183,740 |
CVR Energy, Inc. (a) | 19,722 | 466,425 |
Delek US Holdings, Inc. | 72,861 | 1,152,661 |
Denbury Resources, Inc. (a) | 451,763 | 578,257 |
Diamond Offshore Drilling, Inc. (a) | 82,716 | 1,655,147 |
Diamondback Energy, Inc. * | 96,589 | 6,881,966 |
Dril-Quip, Inc. * | 49,416 | 2,680,818 |
Eclipse Resources Corp. *(a) | 61,176 | 58,038 |
Energen Corp. | 126,095 | 3,338,996 |
Energy XXI Ltd. (a) | 112,426 | 41,845 |
EP Energy Corp., Class A *(a) | 50,717 | 87,233 |
Era Group, Inc. * | 26,607 | 245,317 |
Evolution Petroleum Corp. | 37,925 | 163,836 |
EXCO Resources, Inc. *(a) | 228,796 | 240,236 |
Exterran Corp. * | 43,471 | 592,944 |
Fairmount Santrol Holdings, Inc. *(a) | 80,703 | 159,792 |
Forum Energy Technologies, Inc. * | 88,292 | 1,038,314 |
Frank's International N.V. | 47,934 | 665,803 |
Gener8 Maritime, Inc. *(a) | 18,759 | 116,493 |
Geospace Technologies Corp. * | 18,853 | 210,588 |
Green Plains, Inc. | 61,133 | 831,409 |
Gulf Island Fabrication, Inc. | 18,204 | 162,198 |
Gulfmark Offshore, Inc., Class A *(a) | 29,983 | 107,639 |
Gulfport Energy Corp. * | 139,177 | 3,340,248 |
Halcon Resources Corp. *(a) | 104,068 | 60,443 |
Helix Energy Solutions Group, Inc. * | 134,525 | 524,647 |
Hornbeck Offshore Services, Inc. * | 44,197 | 379,652 |
Isramco, Inc. * | 1,470 | 119,805 |
Jones Energy, Inc., Class A * | 37,887 | 56,831 |
Kosmos Energy Ltd. * | 195,304 | 953,084 |
Laredo Petroleum, Inc. *(a) | 153,878 | 786,317 |
Matador Resources Co. * | 101,921 | 1,645,005 |
Matrix Service Co. * | 33,865 | 622,777 |
McDermott International, Inc. * | 305,449 | 1,007,982 |
Memorial Resource Development Corp. * | 118,346 | 1,144,406 |
Nabors Industries Ltd. | 365,450 | 2,616,622 |
Natural Gas Services Group, Inc. * | 17,478 | 315,653 |
Newfield Exploration Co. * | 209,421 | 5,702,534 |
Newpark Resources, Inc. * | 114,358 | 426,555 |
Noble Corp. plc (a) | 318,641 | 2,654,280 |
Security | Number of Shares | Value ($) |
Northern Oil & Gas, Inc. *(a) | 77,839 | 259,982 |
Oasis Petroleum, Inc. * | 237,974 | 1,282,680 |
Oil States International, Inc. * | 65,164 | 1,701,432 |
Parker Drilling Co. * | 165,643 | 258,403 |
Parsley Energy, Inc., Class A * | 136,547 | 2,509,734 |
Patterson-UTI Energy, Inc. | 188,217 | 2,924,892 |
PBF Energy, Inc., Class A | 129,971 | 3,925,124 |
PDC Energy, Inc. * | 51,541 | 2,582,720 |
Pioneer Energy Services Corp. * | 93,817 | 128,529 |
QEP Resources, Inc. | 207,223 | 2,022,496 |
REX American Resources Corp. * | 6,601 | 333,350 |
Rex Energy Corp. *(a) | 56,803 | 33,536 |
Rice Energy, Inc. * | 107,209 | 982,034 |
RigNet, Inc. * | 16,901 | 223,093 |
Rowan Cos. plc, Class A | 159,609 | 2,125,992 |
RPC, Inc. | 77,629 | 1,053,426 |
RSP Permian, Inc. * | 90,643 | 2,167,274 |
Sanchez Energy Corp. *(a) | 70,284 | 250,211 |
SEACOR Holdings, Inc. * | 20,928 | 1,012,706 |
SemGroup Corp., Class A | 62,658 | 1,190,502 |
SM Energy Co. | 96,999 | 876,871 |
Stone Energy Corp. * | 59,068 | 91,555 |
Superior Energy Services, Inc. | 194,052 | 1,994,855 |
Synergy Resources Corp. * | 163,244 | 1,020,275 |
Targa Resources Corp. | 218,315 | 5,868,307 |
Teekay Corp. | 60,656 | 485,248 |
Tesco Corp. | 44,516 | 322,296 |
TETRA Technologies, Inc. * | 103,564 | 521,963 |
Tidewater, Inc. (a) | 57,750 | 332,063 |
Triangle Petroleum Corp. * | 90,070 | 28,822 |
Ultra Petroleum Corp. *(a) | 210,895 | 75,079 |
Unit Corp. * | 63,328 | 339,438 |
US Silica Holdings, Inc. (a) | 76,946 | 1,476,594 |
W&T Offshore, Inc. *(a) | 44,326 | 80,673 |
Western Refining, Inc. | 91,069 | 2,428,810 |
World Fuel Services Corp. | 92,646 | 4,336,759 |
WPX Energy, Inc. * | 291,559 | 1,198,307 |
101,469,047 | ||
Food & Staples Retailing 0.8% | ||
Casey's General Stores, Inc. | 51,302 | 5,415,952 |
Ingles Markets, Inc., Class A | 15,713 | 529,999 |
Natural Grocers by Vitamin Cottage, Inc. * | 12,138 | 244,217 |
Performance Food Group Co. * | 19,714 | 487,527 |
PriceSmart, Inc. | 25,208 | 1,947,570 |
Smart & Final Stores, Inc. * | 35,141 | 571,041 |
SpartanNash Co. | 47,976 | 1,316,941 |
Sprouts Farmers Market, Inc. * | 191,097 | 5,442,443 |
SUPERVALU, Inc. * | 338,596 | 1,730,226 |
The Andersons, Inc. | 36,194 | 971,809 |
The Chefs' Warehouse, Inc. * | 27,262 | 514,434 |
The Fresh Market, Inc. * | 54,868 | 1,265,805 |
United Natural Foods, Inc. * | 64,310 | 1,984,607 |
Village Super Market, Inc., Class A | 11,330 | 300,358 |
Weis Markets, Inc. | 15,935 | 663,374 |
23,386,303 |
Security | Number of Shares | Value ($) |
Food, Beverage & Tobacco 1.9% | ||
Alico, Inc. | 4,128 | 98,824 |
Amplify Snack Brands, Inc. * | 18,690 | 192,320 |
B&G Foods, Inc. | 76,432 | 2,643,783 |
Blue Buffalo Pet Products, Inc. *(a) | 42,092 | 770,284 |
Cal-Maine Foods, Inc. (a) | 40,707 | 2,172,940 |
Calavo Growers, Inc. | 18,770 | 1,005,321 |
Coca-Cola Bottling Co. Consolidated | 5,867 | 1,025,082 |
Darling Ingredients, Inc. * | 212,238 | 1,912,264 |
Dean Foods Co. | 121,222 | 2,338,372 |
Diamond Foods, Inc. *(b) | 35,620 | 1,348,226 |
Fresh Del Monte Produce, Inc. | 43,267 | 1,735,439 |
Freshpet, Inc. *(a) | 22,750 | 151,287 |
J&J Snack Foods Corp. | 19,183 | 2,125,285 |
Lancaster Colony Corp. | 25,617 | 2,607,042 |
Landec Corp. * | 35,361 | 356,792 |
Limoneira Co. (a) | 13,465 | 187,971 |
National Beverage Corp. * | 13,474 | 512,281 |
Pinnacle Foods, Inc. | 144,364 | 6,235,081 |
Post Holdings, Inc. * | 80,336 | 5,580,139 |
Sanderson Farms, Inc. (a) | 27,014 | 2,465,298 |
Seaboard Corp. * | 344 | 1,006,200 |
Seneca Foods Corp., Class A * | 10,865 | 361,370 |
Snyder's-Lance, Inc. (a) | 67,756 | 2,216,299 |
The Boston Beer Co., Inc., Class A * | 12,933 | 2,432,827 |
Tootsie Roll Industries, Inc. (a) | 23,108 | 769,959 |
TreeHouse Foods, Inc. * | 72,330 | 6,106,099 |
Universal Corp. | 34,271 | 1,867,084 |
Vector Group Ltd. | 116,165 | 2,698,513 |
52,922,382 | ||
Health Care Equipment & Services 6.9% | ||
AAC Holdings, Inc. *(a) | 9,730 | 198,492 |
Abaxis, Inc. | 28,825 | 1,130,517 |
ABIOMED, Inc. * | 51,334 | 4,107,233 |
Acadia Healthcare Co., Inc. * | 90,565 | 5,018,207 |
Accuray, Inc. * | 101,758 | 513,878 |
Aceto Corp. | 40,500 | 868,725 |
Adeptus Health, Inc., Class A *(a) | 16,184 | 921,193 |
Air Methods Corp. * | 48,229 | 1,752,160 |
Alere, Inc. * | 115,106 | 6,135,150 |
Align Technology, Inc. * | 95,642 | 6,315,241 |
Allscripts Healthcare Solutions, Inc. * | 248,502 | 3,111,245 |
Amedisys, Inc. * | 36,017 | 1,323,265 |
AMN Healthcare Services, Inc. * | 62,477 | 1,776,221 |
Amsurg Corp. * | 70,329 | 4,785,888 |
Analogic Corp. | 16,270 | 1,219,925 |
AngioDynamics, Inc. * | 37,835 | 411,266 |
Antares Pharma, Inc. * | 174,798 | 167,806 |
athenahealth, Inc. * | 51,167 | 6,604,125 |
Atrion Corp. | 1,985 | 745,864 |
BioScrip, Inc. *(a) | 93,298 | 201,524 |
Brookdale Senior Living, Inc. * | 248,019 | 3,564,033 |
Cantel Medical Corp. | 47,222 | 3,004,736 |
Capital Senior Living Corp. * | 39,333 | 671,808 |
Cardiovascular Systems, Inc. * | 40,955 | 342,384 |
Security | Number of Shares | Value ($) |
Castlight Health, Inc., Class B *(a) | 45,599 | 151,389 |
Chemed Corp. | 21,720 | 2,791,020 |
Civitas Solutions, Inc. * | 22,589 | 417,671 |
Computer Programs & Systems, Inc. | 13,187 | 747,175 |
CONMED Corp. | 32,815 | 1,304,068 |
CorVel Corp. * | 14,732 | 611,231 |
Cynosure, Inc., Class A * | 30,039 | 1,221,686 |
Diplomat Pharmacy, Inc. *(a) | 44,919 | 1,600,015 |
Endologix, Inc. * | 85,440 | 736,493 |
Entellus Medical, Inc. * | 6,735 | 107,827 |
Evolent Health, Inc., Class A * | 14,208 | 142,790 |
Exactech, Inc. * | 12,951 | 241,536 |
ExamWorks Group, Inc. * | 51,503 | 1,498,737 |
Genesis Healthcare, Inc. * | 28,245 | 50,276 |
GenMark Diagnostics, Inc. * | 54,589 | 270,216 |
Glaukos Corp. * | 7,208 | 118,644 |
Globus Medical, Inc., Class A * | 90,737 | 2,204,909 |
Greatbatch, Inc. * | 32,138 | 1,214,816 |
Haemonetics Corp. * | 65,184 | 2,091,103 |
Halyard Health, Inc. * | 62,849 | 1,603,906 |
Health Net, Inc. * | 101,162 | 6,294,300 |
HealthEquity, Inc. * | 45,775 | 953,036 |
HealthSouth Corp. | 117,512 | 4,139,948 |
HealthStream, Inc. * | 30,933 | 639,385 |
Healthways, Inc. * | 40,117 | 422,432 |
HeartWare International, Inc. * | 21,274 | 679,917 |
Hill-Rom Holdings, Inc. | 78,058 | 3,617,988 |
HMS Holdings Corp. * | 111,389 | 1,466,993 |
ICU Medical, Inc. * | 18,801 | 1,727,812 |
Inogen, Inc. * | 17,894 | 611,617 |
Inovalon Holdings, Inc., Class A *(a) | 67,700 | 1,163,763 |
Insulet Corp. * | 74,101 | 2,270,455 |
Integra LifeSciences Holdings Corp. * | 38,534 | 2,364,446 |
Invacare Corp. | 40,640 | 492,150 |
K2M Group Holdings, Inc. * | 34,657 | 410,339 |
Kindred Healthcare, Inc. | 106,467 | 1,118,968 |
Landauer, Inc. | 14,703 | 427,416 |
LDR Holding Corp. * | 37,246 | 772,855 |
LHC Group, Inc. * | 15,738 | 560,745 |
LifePoint Health, Inc. * | 56,685 | 3,534,877 |
LivaNova plc * | 54,801 | 3,092,968 |
Magellan Health, Inc. * | 34,461 | 2,170,526 |
Masimo Corp. * | 58,993 | 2,232,295 |
Medidata Solutions, Inc. * | 71,051 | 2,451,260 |
Meridian Bioscience, Inc. | 54,393 | 1,096,019 |
Merit Medical Systems, Inc. * | 58,331 | 1,097,206 |
Molina Healthcare, Inc. * | 52,655 | 3,266,716 |
National HealthCare Corp. | 15,287 | 980,355 |
National Research Corp., Class A | 12,173 | 182,230 |
Natus Medical, Inc. * | 42,692 | 1,550,573 |
Neogen Corp. * | 49,989 | 2,461,958 |
Nevro Corp. * | 17,110 | 985,536 |
NuVasive, Inc. * | 62,852 | 2,627,214 |
NxStage Medical, Inc. * | 76,717 | 1,143,083 |
Omnicell, Inc. * | 47,047 | 1,287,676 |
OraSure Technologies, Inc. * | 83,095 | 557,567 |
Orthofix International N.V. * | 26,603 | 1,021,821 |
Owens & Minor, Inc. | 80,728 | 3,181,490 |
Penumbra, Inc. *(a) | 5,166 | 240,839 |
Security | Number of Shares | Value ($) |
PharMerica Corp. * | 38,642 | 893,017 |
Press Ganey Holdings, Inc. * | 11,240 | 296,511 |
Quality Systems, Inc. | 54,159 | 842,172 |
Quidel Corp. * | 39,158 | 613,606 |
SeaSpine Holdings Corp. * | 11,385 | 143,451 |
Second Sight Medical Products, Inc. *(a) | 19,532 | 100,004 |
Select Medical Holdings Corp. | 137,140 | 1,342,601 |
STERIS plc | 111,794 | 7,190,590 |
Surgery Partners, Inc. * | 17,844 | 234,292 |
Surgical Care Affiliates, Inc. * | 36,274 | 1,470,185 |
SurModics, Inc. * | 19,548 | 364,766 |
Tandem Diabetes Care, Inc. * | 23,441 | 209,563 |
Team Health Holdings, Inc. * | 96,448 | 4,298,687 |
Teladoc, Inc. * | 9,646 | 133,404 |
Teleflex, Inc. | 54,303 | 7,755,554 |
The Ensign Group, Inc. | 65,388 | 1,341,108 |
The Providence Service Corp. * | 17,478 | 830,380 |
The Spectranetics Corp. * | 62,078 | 880,266 |
Triple-S Management Corp., Class B * | 32,544 | 853,304 |
Universal American Corp. | 68,885 | 460,152 |
US Physical Therapy, Inc. | 15,748 | 798,266 |
Vascular Solutions, Inc. * | 22,098 | 664,266 |
VCA, Inc. * | 103,867 | 5,300,333 |
Veeva Systems, Inc., Class A * | 109,032 | 2,648,387 |
WellCare Health Plans, Inc. * | 58,881 | 5,291,635 |
West Pharmaceutical Services, Inc. | 94,956 | 5,889,171 |
Wright Medical Group N.V. * | 114,000 | 1,948,260 |
Zeltiq Aesthetics, Inc. * | 38,971 | 897,502 |
193,004,601 | ||
Household & Personal Products 0.6% | ||
Avon Products, Inc. | 595,747 | 2,269,796 |
Central Garden & Pet Co. * | 8,939 | 124,520 |
Central Garden & Pet Co., Class A * | 47,075 | 636,925 |
Elizabeth Arden, Inc. *(a) | 22,824 | 141,509 |
Energizer Holdings, Inc. | 83,750 | 3,261,225 |
HRG Group, Inc. * | 160,524 | 1,868,499 |
Inter Parfums, Inc. | 20,224 | 511,870 |
Medifast, Inc. | 14,621 | 443,747 |
Natural Health Trends Corp. (a) | 9,324 | 290,629 |
Nu Skin Enterprises, Inc., Class A (a) | 76,935 | 2,345,748 |
Revlon, Inc., Class A * | 16,971 | 593,985 |
Synutra International, Inc. * | 31,562 | 160,651 |
USANA Health Sciences, Inc. * | 6,843 | 771,343 |
WD-40 Co. | 17,930 | 1,936,440 |
15,356,887 | ||
Insurance 3.9% | ||
Allied World Assurance Co. Holdings AG | 120,591 | 3,905,942 |
Ambac Financial Group, Inc. * | 57,310 | 875,124 |
American Equity Investment Life Holding Co. | 104,698 | 1,423,893 |
American National Insurance Co. | 11,746 | 1,194,216 |
AMERISAFE, Inc. | 26,515 | 1,365,523 |
Security | Number of Shares | Value ($) |
AmTrust Financial Services, Inc. | 105,284 | 2,574,194 |
Argo Group International Holdings Ltd. | 38,345 | 2,136,967 |
Aspen Insurance Holdings Ltd. | 80,068 | 3,578,239 |
Assurant, Inc. | 85,936 | 6,110,050 |
Assured Guaranty Ltd. | 187,886 | 4,661,452 |
Citizens, Inc. *(a) | 57,455 | 403,334 |
CNO Financial Group, Inc. | 250,173 | 4,360,515 |
Donegal Group, Inc., Class A | 10,293 | 150,895 |
eHealth, Inc. * | 20,459 | 206,431 |
EMC Insurance Group, Inc. | 8,457 | 203,645 |
Employers Holdings, Inc. | 41,881 | 1,162,617 |
Endurance Specialty Holdings Ltd. | 80,263 | 4,997,977 |
Enstar Group Ltd. * | 15,752 | 2,489,604 |
FBL Financial Group, Inc., Class A | 12,796 | 735,898 |
Fidelity & Guaranty Life | 14,590 | 361,394 |
First American Financial Corp. | 143,992 | 5,332,024 |
Genworth Financial, Inc., Class A * | 635,748 | 1,347,786 |
Global Indemnity plc * | 9,590 | 269,095 |
Greenlight Capital Re Ltd., Class A * | 39,264 | 840,250 |
Horace Mann Educators Corp. | 51,789 | 1,595,619 |
Infinity Property & Casualty Corp. | 15,619 | 1,167,676 |
James River Group Holdings Ltd. | 21,361 | 624,382 |
Kemper Corp. | 62,707 | 1,685,564 |
Maiden Holdings Ltd. | 76,371 | 914,161 |
MBIA, Inc. * | 183,442 | 1,258,412 |
Mercury General Corp. | 52,595 | 2,765,445 |
National General Holdings Corp. | 80,854 | 1,611,420 |
National Interstate Corp. | 9,064 | 201,765 |
National Western Life Group, Inc., Class A | 2,656 | 570,004 |
Old Republic International Corp. | 318,551 | 5,670,208 |
OneBeacon Insurance Group Ltd., Class A | 29,973 | 386,951 |
Primerica, Inc. | 63,760 | 2,690,034 |
ProAssurance Corp. | 71,334 | 3,517,480 |
RLI Corp. | 48,429 | 3,039,888 |
Safety Insurance Group, Inc. | 18,642 | 1,031,089 |
Selective Insurance Group, Inc. | 73,801 | 2,478,238 |
StanCorp Financial Group, Inc. | 57,499 | 6,606,635 |
State Auto Financial Corp. | 20,030 | 431,046 |
State National Cos., Inc. | 40,874 | 460,650 |
Stewart Information Services Corp. | 27,455 | 926,606 |
The Hanover Insurance Group, Inc. | 56,635 | 4,697,873 |
The Navigators Group, Inc. * | 13,541 | 1,096,550 |
Third Point Reinsurance Ltd. * | 74,140 | 819,247 |
United Fire Group, Inc. | 26,775 | 1,079,568 |
Universal Insurance Holdings, Inc. (a) | 41,374 | 807,620 |
Validus Holdings Ltd. | 106,455 | 4,780,894 |
White Mountains Insurance Group Ltd. | 7,407 | 5,680,132 |
WMIH Corp. * | 129,812 | 316,741 |
109,598,963 |
Security | Number of Shares | Value ($) |
Materials 5.0% | ||
A. Schulman, Inc. | 38,975 | 962,293 |
AK Steel Holding Corp. *(a) | 258,608 | 739,619 |
Allegheny Technologies, Inc. | 150,192 | 2,014,075 |
American Vanguard Corp. | 37,974 | 478,852 |
AptarGroup, Inc. | 82,790 | 6,102,451 |
Axiall Corp. | 95,773 | 1,905,883 |
Balchem Corp. | 40,145 | 2,539,974 |
Bemis Co., Inc. | 125,204 | 6,143,760 |
Berry Plastics Group, Inc. * | 160,439 | 4,994,466 |
Boise Cascade Co. * | 50,000 | 837,000 |
Cabot Corp. | 80,181 | 3,570,460 |
Calgon Carbon Corp. | 64,550 | 904,991 |
Carpenter Technology Corp. | 61,732 | 1,834,675 |
Century Aluminum Co. * | 70,385 | 503,253 |
Chemtura Corp. * | 89,935 | 2,269,060 |
Clearwater Paper Corp. * | 22,512 | 915,563 |
Cliffs Natural Resources, Inc. *(a) | 155,293 | 335,433 |
Coeur Mining, Inc. * | 177,293 | 684,351 |
Commercial Metals Co. | 151,760 | 2,229,354 |
Compass Minerals International, Inc. | 45,485 | 3,085,702 |
Deltic Timber Corp. | 14,370 | 813,629 |
Domtar Corp. | 80,250 | 2,823,997 |
Eagle Materials, Inc. | 64,793 | 3,914,793 |
Ferro Corp. * | 115,690 | 1,148,802 |
Flotek Industries, Inc. *(a) | 66,438 | 483,669 |
FutureFuel Corp. | 33,876 | 434,290 |
Graphic Packaging Holding Co. | 435,103 | 5,364,820 |
Greif, Inc., Class A | 33,151 | 878,833 |
Greif, Inc., Class B | 12,540 | 431,376 |
H.B. Fuller Co. | 67,799 | 2,609,584 |
Hawkins, Inc. | 10,583 | 338,444 |
Haynes International, Inc. | 15,991 | 492,523 |
Headwaters, Inc. * | 96,465 | 1,699,713 |
Hecla Mining Co. | 513,663 | 1,330,387 |
Innophos Holdings, Inc. | 24,771 | 717,864 |
Innospec, Inc. | 30,477 | 1,322,702 |
Intrepid Potash, Inc. * | 81,787 | 80,969 |
Kaiser Aluminum Corp. | 22,628 | 1,733,531 |
KapStone Paper & Packaging Corp. | 113,207 | 1,159,240 |
Koppers Holdings, Inc. * | 30,341 | 532,181 |
Kraton Performance Polymers, Inc. * | 39,804 | 683,435 |
Kronos Worldwide, Inc. (a) | 30,246 | 192,667 |
Louisiana-Pacific Corp. * | 188,940 | 3,002,257 |
LSB Industries, Inc. * | 24,740 | 144,482 |
Materion Corp. | 23,984 | 625,503 |
McEwen Mining, Inc. (a) | 340,243 | 622,645 |
Mercer International, Inc. | 53,324 | 485,248 |
Minerals Technologies, Inc. | 43,672 | 2,219,411 |
Myers Industries, Inc. | 30,470 | 366,554 |
Neenah Paper, Inc. | 21,140 | 1,280,238 |
NewMarket Corp. | 13,328 | 4,866,586 |
Olin Corp. | 216,655 | 3,284,490 |
OMNOVA Solutions, Inc. * | 53,247 | 279,014 |
Owens-Illinois, Inc. * | 213,273 | 3,190,564 |
P.H. Glatfelter Co. | 58,238 | 1,069,832 |
Platform Specialty Products Corp. * | 212,060 | 1,503,505 |
Security | Number of Shares | Value ($) |
PolyOne Corp. | 113,510 | 3,054,554 |
Quaker Chemical Corp. | 16,955 | 1,319,269 |
Rayonier Advanced Materials, Inc. | 54,494 | 407,070 |
Rentech, Inc. * | 36,449 | 73,991 |
Resolute Forest Products, Inc. * | 117,383 | 602,175 |
Royal Gold, Inc. | 86,280 | 4,000,804 |
Schnitzer Steel Industries, Inc., Class A | 35,489 | 519,559 |
Schweitzer-Mauduit International, Inc. | 41,411 | 1,251,440 |
Sensient Technologies Corp. | 58,152 | 3,342,577 |
Silgan Holdings, Inc. | 52,486 | 2,688,858 |
Solazyme, Inc. *(a) | 110,741 | 172,756 |
Sonoco Products Co. | 133,412 | 5,830,104 |
Steel Dynamics, Inc. | 316,748 | 5,761,646 |
Stepan Co. | 24,857 | 1,234,896 |
Stillwater Mining Co. * | 152,215 | 1,277,084 |
Summit Materials, Inc., Class A * | 59,319 | 1,083,165 |
SunCoke Energy, Inc. | 90,995 | 430,406 |
The Chemours Co. | 273,107 | 1,401,039 |
The Scotts Miracle-Gro Co., Class A | 60,473 | 4,173,846 |
TimkenSteel Corp. | 38,644 | 298,718 |
Tredegar Corp. | 36,724 | 504,221 |
Trinseo S.A. *(a) | 18,111 | 539,889 |
Tronox Ltd., Class A | 82,983 | 429,852 |
United States Lime & Minerals, Inc. | 1,978 | 105,190 |
United States Steel Corp. (a) | 186,140 | 1,697,597 |
US Concrete, Inc. * | 16,757 | 900,689 |
Valhi, Inc. | 22,416 | 29,141 |
Worthington Industries, Inc. | 64,757 | 2,014,590 |
140,324,119 | ||
Media 1.9% | ||
AMC Entertainment Holdings, Inc., Class A | 26,432 | 635,161 |
Cable One, Inc. | 5,918 | 2,536,277 |
Carmike Cinemas, Inc. * | 34,199 | 750,326 |
Central European Media Enterprises Ltd., Class A *(a) | 111,339 | 273,894 |
Cinemark Holdings, Inc. | 139,190 | 4,607,189 |
Clear Channel Outdoor Holdings, Inc., Class A | 56,976 | 205,683 |
Crown Media Holdings, Inc., Class A * | 41,748 | 183,274 |
Cumulus Media, Inc., Class A * | 209,660 | 52,415 |
DreamWorks Animation SKG, Inc., Class A * | 90,847 | 2,331,134 |
Entercom Communications Corp., Class A * | 37,032 | 423,276 |
Gannett Co., Inc. | 146,504 | 2,235,651 |
Global Eagle Entertainment, Inc. * | 67,526 | 607,059 |
Gray Television, Inc. * | 87,383 | 1,008,400 |
Harte-Hanks, Inc. | 58,463 | 180,651 |
Hemisphere Media Group, Inc. *(a) | 18,099 | 250,490 |
John Wiley & Sons, Inc., Class A | 63,863 | 2,779,956 |
Liberty Global plc LiLAC, Class A * | 17,020 | 577,829 |
Liberty Global plc LiLAC, Class C * | 36,609 | 1,343,184 |
Live Nation Entertainment, Inc. * | 187,141 | 4,115,231 |
Security | Number of Shares | Value ($) |
Loral Space & Communications, Inc. * | 17,063 | 547,040 |
Media General, Inc. * | 127,866 | 2,125,133 |
Meredith Corp. | 49,169 | 2,138,360 |
National CineMedia, Inc. | 77,030 | 1,151,598 |
New Media Investment Group, Inc. | 55,533 | 867,981 |
Nexstar Broadcasting Group, Inc., Class A | 39,258 | 1,754,047 |
Regal Entertainment Group, Class A (a) | 91,997 | 1,811,421 |
Scholastic Corp. | 35,235 | 1,234,282 |
Sinclair Broadcast Group, Inc., Class A | 88,886 | 2,743,911 |
Sizmek, Inc. * | 31,562 | 102,892 |
Starz, Class A * | 106,246 | 2,676,337 |
The E.W. Scripps Co., Class A | 71,905 | 1,241,080 |
The Madison Square Garden Co., Class A * | 26,266 | 4,071,230 |
The New York Times Co., Class A | 161,474 | 2,029,728 |
Time, Inc. | 140,246 | 1,977,469 |
World Wrestling Entertainment, Inc., Class A (a) | 48,166 | 805,335 |
52,374,924 | ||
Pharmaceuticals, Biotechnology & Life Sciences 5.3% | ||
ACADIA Pharmaceuticals, Inc. * | 120,088 | 2,072,719 |
Accelerate Diagnostics, Inc. *(a) | 34,712 | 417,585 |
Acceleron Pharma, Inc. * | 45,360 | 1,149,422 |
Achillion Pharmaceuticals, Inc. * | 147,848 | 1,092,597 |
Aclaris Therapeutics, Inc. * | 7,027 | 128,875 |
Acorda Therapeutics, Inc. * | 55,558 | 1,817,302 |
Aduro Biotech, Inc. * | 9,606 | 139,863 |
Aegerion Pharmaceuticals, Inc. *(a) | 41,806 | 235,786 |
Affymetrix, Inc. * | 102,485 | 1,438,889 |
Agios Pharmaceuticals, Inc. *(a) | 33,441 | 1,282,462 |
Aimmune Therapeutics, Inc. * | 10,612 | 169,792 |
Akebia Therapeutics, Inc. * | 48,870 | 356,751 |
Akorn, Inc. * | 108,614 | 2,888,046 |
Alder Biopharmaceuticals, Inc. * | 33,366 | 633,620 |
AMAG Pharmaceuticals, Inc. * | 45,714 | 1,201,364 |
Amicus Therapeutics, Inc. * | 162,892 | 1,003,415 |
Arena Pharmaceuticals, Inc. * | 342,682 | 510,596 |
ARIAD Pharmaceuticals, Inc. * | 250,116 | 1,365,633 |
Array BioPharma, Inc. * | 178,852 | 448,919 |
Atara Biotherapeutics, Inc. * | 21,938 | 360,661 |
aTyr Pharma, Inc. * | 9,650 | 43,135 |
Bellicum Pharmaceuticals, Inc. * | 9,513 | 85,807 |
Bio-Rad Laboratories, Inc., Class A * | 27,570 | 3,712,025 |
Bio-Techne Corp. | 49,953 | 4,287,965 |
BioCryst Pharmaceuticals, Inc. * | 97,597 | 194,218 |
Bluebird Bio, Inc. * | 46,681 | 2,157,596 |
Blueprint Medicines Corp. * | 11,679 | 202,397 |
Bruker Corp. * | 143,060 | 3,716,699 |
Cambrex Corp. * | 41,468 | 1,599,421 |
Catalent, Inc. * | 126,610 | 3,072,825 |
Celldex Therapeutics, Inc. * | 128,276 | 872,277 |
Cempra, Inc. *(a) | 56,602 | 952,612 |
Cepheid, Inc. * | 92,153 | 2,735,101 |
Security | Number of Shares | Value ($) |
Charles River Laboratories International, Inc. * | 60,165 | 4,417,916 |
Chimerix, Inc. * | 53,903 | 248,493 |
Clovis Oncology, Inc. * | 51,561 | 960,066 |
Coherus Biosciences, Inc. * | 16,082 | 228,204 |
CytomX Therapeutics, Inc. * | 9,236 | 119,144 |
Depomed, Inc. * | 76,917 | 1,175,292 |
Dermira, Inc. * | 22,152 | 510,825 |
Dynavax Technologies Corp. * | 49,536 | 798,520 |
Eagle Pharmaceuticals, Inc. *(a) | 11,486 | 728,098 |
Edge Therapeutics, Inc. * | 10,944 | 78,359 |
Emergent BioSolutions, Inc. * | 38,872 | 1,315,040 |
Enanta Pharmaceuticals, Inc. * | 18,270 | 518,685 |
Endocyte, Inc. *(a) | 46,613 | 140,305 |
Epizyme, Inc. * | 47,665 | 418,975 |
Esperion Therapeutics, Inc. *(a) | 17,804 | 265,102 |
Exact Sciences Corp. * | 123,524 | 621,326 |
Exelixis, Inc. *(a) | 260,889 | 949,636 |
FibroGen, Inc. * | 65,407 | 1,133,503 |
Fluidigm Corp. * | 38,041 | 252,212 |
Foundation Medicine, Inc. *(a) | 18,879 | 279,976 |
Genomic Health, Inc. * | 21,945 | 558,061 |
Global Blood Therapeutics, Inc. *(a) | 9,706 | 144,911 |
Halozyme Therapeutics, Inc. * | 144,330 | 1,173,403 |
Heron Therapeutics, Inc. *(a) | 38,176 | 606,235 |
Horizon Pharma plc * | 194,105 | 3,330,842 |
ImmunoGen, Inc. * | 115,768 | 842,791 |
Impax Laboratories, Inc. * | 87,473 | 2,859,492 |
INC Research Holdings, Inc., Class A * | 41,790 | 1,658,227 |
Infinity Pharmaceuticals, Inc. * | 62,425 | 360,816 |
Innoviva, Inc. (a) | 106,172 | 1,244,336 |
Insmed, Inc. * | 78,594 | 961,205 |
Insys Therapeutics, Inc. *(a) | 28,638 | 500,592 |
Intercept Pharmaceuticals, Inc. * | 22,757 | 2,534,675 |
Intersect ENT, Inc. * | 23,920 | 432,474 |
Intra-Cellular Therapies, Inc. * | 38,533 | 1,083,548 |
Intrexon Corp. *(a) | 63,309 | 1,959,414 |
Invitae Corp. *(a) | 8,142 | 70,265 |
Ironwood Pharmaceuticals, Inc. * | 161,884 | 1,562,181 |
Juno Therapeutics, Inc. *(a) | 90,473 | 3,181,935 |
Karyopharm Therapeutics, Inc. * | 25,177 | 148,544 |
Keryx Biopharmaceuticals, Inc. *(a) | 142,211 | 571,688 |
Kite Pharma, Inc. *(a) | 54,708 | 2,446,542 |
Lannett Co., Inc. *(a) | 35,214 | 885,984 |
Lexicon Pharmaceuticals, Inc. *(a) | 61,596 | 575,307 |
Ligand Pharmaceuticals, Inc., Class B * | 23,261 | 2,146,525 |
Lion Biotechnologies, Inc. * | 61,593 | 343,689 |
Luminex Corp. * | 50,714 | 947,337 |
MacroGenics, Inc. * | 36,598 | 584,836 |
MannKind Corp. * | 351,023 | 361,554 |
Merrimack Pharmaceuticals, Inc. * | 176,077 | 1,019,486 |
MiMedx Group, Inc. *(a) | 124,700 | 1,026,281 |
Momenta Pharmaceuticals, Inc. * | 78,010 | 655,674 |
MyoKardia, Inc. * | 7,670 | 54,457 |
Myriad Genetics, Inc. * | 94,178 | 3,296,230 |
NantKwest, Inc. *(a) | 10,971 | 75,480 |
Natera, Inc. * | 12,570 | 84,847 |
Nektar Therapeutics * | 174,777 | 1,952,259 |
Security | Number of Shares | Value ($) |
Neurocrine Biosciences, Inc. * | 108,270 | 3,982,171 |
NewLink Genetics Corp. * | 28,818 | 606,331 |
Novavax, Inc. * | 389,426 | 1,697,897 |
OncoMed Pharmaceuticals, Inc. * | 16,949 | 161,524 |
Ophthotech Corp. * | 36,414 | 1,640,087 |
Orexigen Therapeutics, Inc. *(a) | 168,398 | 119,579 |
Organovo Holdings, Inc. *(a) | 101,629 | 228,665 |
Osiris Therapeutics, Inc. *(a) | 21,317 | 152,203 |
Pacira Pharmaceuticals, Inc. * | 47,601 | 2,475,728 |
PAREXEL International Corp. * | 69,648 | 4,087,641 |
PDL BioPharma, Inc. | 216,042 | 650,286 |
Phibro Animal Health Corp., Class A | 22,699 | 627,854 |
Portola Pharmaceuticals, Inc. * | 73,020 | 2,056,973 |
PRA Health Sciences, Inc. * | 25,955 | 1,120,477 |
Prestige Brands Holdings, Inc. * | 67,813 | 3,316,056 |
Prothena Corp. plc * | 46,068 | 1,466,805 |
PTC Therapeutics, Inc. *(a) | 39,861 | 318,091 |
Puma Biotechnology, Inc. * | 27,985 | 1,253,168 |
Radius Health, Inc. * | 43,317 | 1,269,188 |
Raptor Pharmaceutical Corp. * | 104,947 | 363,117 |
REGENXBIO, Inc. *(a) | 9,092 | 110,286 |
Relypsa, Inc. *(a) | 35,554 | 471,446 |
Repligen Corp. * | 41,971 | 1,079,914 |
Retrophin, Inc. * | 41,848 | 595,497 |
Revance Therapeutics, Inc. * | 26,149 | 462,445 |
Sage Therapeutics, Inc. * | 22,884 | 672,790 |
Sagent Pharmaceuticals, Inc. * | 31,569 | 447,648 |
Sangamo BioSciences, Inc. * | 92,269 | 483,490 |
Sarepta Therapeutics, Inc. * | 55,282 | 757,916 |
SciClone Pharmaceuticals, Inc. * | 67,699 | 671,574 |
Sequenom, Inc. *(a) | 173,621 | 255,223 |
Seres Therapeutics, Inc. *(a) | 10,988 | 253,933 |
Spark Therapeutics, Inc. *(a) | 21,824 | 695,313 |
Spectrum Pharmaceuticals, Inc. * | 72,794 | 329,029 |
Sucampo Pharmaceuticals, Inc., Class A * | 26,824 | 352,736 |
Supernus Pharmaceuticals, Inc. * | 55,909 | 701,099 |
Synergy Pharmaceuticals, Inc. *(a) | 137,226 | 428,145 |
Synta Pharmaceuticals Corp. * | 175,506 | 39,928 |
TESARO, Inc. * | 37,852 | 1,531,492 |
Tetraphase Pharmaceuticals, Inc. * | 51,488 | 208,012 |
The Medicines Co. * | 93,100 | 2,994,096 |
TherapeuticsMD, Inc. * | 194,522 | 1,188,529 |
Theravance Biopharma, Inc. * | 32,753 | 514,877 |
Ultragenyx Pharmaceutical, Inc. * | 45,938 | 2,801,759 |
Versartis, Inc. *(a) | 24,028 | 157,864 |
Vitae Pharmaceuticals, Inc. * | 14,039 | 126,772 |
Voyager Therapeutics, Inc. * | 6,891 | 65,947 |
VWR Corp. * | 73,087 | 1,783,323 |
WaVe Life Sciences Ltd. * | 8,470 | 127,473 |
XBiotech, Inc. * | 8,424 | 64,528 |
Zafgen, Inc. * | 24,081 | 150,747 |
ZIOPHARM Oncology, Inc. *(a) | 164,910 | 1,296,193 |
149,162,040 | ||
Real Estate 12.1% | ||
Acadia Realty Trust | 88,963 | 2,940,227 |
AG Mortgage Investment Trust, Inc. | 33,734 | 415,940 |
Agree Realty Corp. | 25,352 | 939,292 |
Security | Number of Shares | Value ($) |
Alexander & Baldwin, Inc. | 58,092 | 1,947,244 |
Alexander's, Inc. | 4,817 | 1,853,726 |
Altisource Portfolio Solutions S.A. *(a) | 13,788 | 368,967 |
Altisource Residential Corp. | 72,926 | 684,046 |
American Assets Trust, Inc. | 53,304 | 1,977,045 |
American Capital Mortgage Investment Corp. | 66,636 | 920,909 |
American Homes 4 Rent, Class A | 208,942 | 2,925,188 |
American Residential Properties, Inc. | 43,149 | 685,638 |
Anworth Mortgage Asset Corp. | 137,414 | 645,846 |
Apollo Commercial Real Estate Finance, Inc. | 79,004 | 1,220,612 |
Apollo Residential Mortgage, Inc. | 44,389 | 572,618 |
Apple Hospitality REIT, Inc. (a) | 203,730 | 3,872,907 |
ARMOUR Residential REIT, Inc. | 49,103 | 945,233 |
Ashford Hospitality Prime, Inc. | 36,946 | 363,179 |
Ashford Hospitality Trust, Inc. | 104,016 | 575,208 |
Blackstone Mortgage Trust, Inc., Class A | 120,436 | 2,979,587 |
Brandywine Realty Trust | 229,972 | 2,830,955 |
Campus Crest Communities, Inc. * | 94,543 | 660,856 |
Capstead Mortgage Corp. | 126,881 | 1,232,014 |
Care Capital Properties, Inc. | 110,560 | 2,930,946 |
CareTrust REIT, Inc. | 57,217 | 651,702 |
CBL & Associates Properties, Inc. | 200,709 | 2,314,175 |
Cedar Realty Trust, Inc. | 101,282 | 691,756 |
Chatham Lodging Trust | 47,093 | 944,686 |
Chesapeake Lodging Trust | 80,355 | 2,041,821 |
Chimera Investment Corp. | 245,527 | 3,199,217 |
CIM Commercial Trust Corp. | 26,124 | 427,389 |
Colony Capital, Inc., Class A | 144,744 | 2,373,802 |
Colony Starwood Homes | 50,869 | 1,117,083 |
Columbia Property Trust, Inc. | 161,209 | 3,267,706 |
Communications Sales & Leasing, Inc. | 154,265 | 2,907,895 |
CoreSite Realty Corp. | 40,156 | 2,588,456 |
Corporate Office Properties Trust | 124,541 | 2,914,259 |
Corrections Corp. of America | 154,985 | 4,483,716 |
Cousins Properties, Inc. | 263,389 | 2,280,949 |
CubeSmart | 225,183 | 6,732,972 |
CyrusOne, Inc. | 86,584 | 3,432,190 |
CYS Investments, Inc. | 198,835 | 1,558,866 |
DCT Industrial Trust, Inc. | 114,391 | 4,139,810 |
DiamondRock Hospitality Co. | 268,359 | 2,388,395 |
Douglas Emmett, Inc. | 183,932 | 4,936,735 |
DuPont Fabros Technology, Inc. | 88,433 | 3,152,636 |
Dynex Capital, Inc. | 55,782 | 354,216 |
EastGroup Properties, Inc. | 42,037 | 2,279,666 |
Education Realty Trust, Inc. | 80,007 | 3,172,278 |
Empire State Realty Trust, Inc., Class A | 158,770 | 2,489,514 |
EPR Properties | 86,940 | 5,410,276 |
Equity Commonwealth * | 170,724 | 4,546,380 |
Equity LifeStyle Properties, Inc. | 106,248 | 7,454,360 |
Equity One, Inc. | 118,150 | 3,238,491 |
FelCor Lodging Trust, Inc. | 160,494 | 1,187,656 |
First Industrial Realty Trust, Inc. | 142,912 | 3,075,466 |
First Potomac Realty Trust | 70,837 | 599,281 |
Forest City Realty Trust, Inc., Class A * | 285,596 | 5,326,365 |
Security | Number of Shares | Value ($) |
Forest City Realty Trust, Inc., Class B * | 935 | 17,414 |
Forestar Group, Inc. * | 40,999 | 399,740 |
Four Corners Property Trust, Inc. | 50,418 | 827,359 |
Franklin Street Properties Corp. | 112,656 | 1,071,359 |
FRP Holdings, Inc. * | 8,175 | 277,459 |
Gaming & Leisure Properties, Inc. | 123,308 | 3,229,436 |
Getty Realty Corp. | 38,315 | 696,950 |
Global Net Lease, Inc. (a) | 230,326 | 1,780,420 |
Government Properties Income Trust | 88,374 | 1,311,470 |
Gramercy Property Trust | 558,369 | 4,215,686 |
Hatteras Financial Corp. | 131,083 | 1,802,391 |
Healthcare Realty Trust, Inc. | 134,785 | 3,910,113 |
Healthcare Trust of America, Inc., Class A | 164,621 | 4,578,110 |
Hersha Hospitality Trust | 60,727 | 1,222,434 |
Highwoods Properties, Inc. | 127,903 | 5,570,176 |
Hospitality Properties Trust | 198,208 | 4,812,490 |
Hudson Pacific Properties, Inc. | 94,920 | 2,420,460 |
InfraREIT, Inc. | 32,138 | 678,755 |
Inland Real Estate Corp. | 112,438 | 1,191,843 |
Invesco Mortgage Capital, Inc. | 166,813 | 1,886,655 |
Investors Real Estate Trust | 156,899 | 963,360 |
iStar, Inc. * | 111,339 | 941,928 |
Kennedy-Wilson Holdings, Inc. | 118,636 | 2,256,457 |
Kite Realty Group Trust | 106,697 | 2,872,283 |
Ladder Capital Corp., Class A | 69,691 | 720,605 |
LaSalle Hotel Properties | 145,578 | 3,544,824 |
Lexington Realty Trust | 271,435 | 2,100,907 |
LTC Properties, Inc. | 47,934 | 2,130,187 |
Mack-Cali Realty Corp. | 115,093 | 2,290,351 |
Marcus & Millichap, Inc. * | 17,730 | 395,202 |
Medical Properties Trust, Inc. | 322,632 | 3,732,852 |
MFA Financial, Inc. | 476,857 | 3,247,396 |
Monmouth Real Estate Investment Corp., Class A (a) | 90,024 | 997,466 |
Monogram Residential Trust, Inc. | 213,863 | 1,941,876 |
National Health Investors, Inc. | 45,657 | 2,872,282 |
National Storage Affiliates Trust | 28,117 | 508,637 |
New Residential Investment Corp. | 296,879 | 3,476,453 |
New Senior Investment Group, Inc. | 107,160 | 1,038,380 |
New York Mortgage Trust, Inc. | 151,947 | 635,138 |
New York REIT, Inc. | 214,862 | 2,062,675 |
Newcastle Investment Corp. | 92,695 | 326,286 |
NorthStar Realty Europe Corp. | 76,873 | 750,280 |
NorthStar Realty Finance Corp. | 245,382 | 3,064,821 |
One Liberty Properties, Inc. | 17,478 | 371,058 |
Outfront Media, Inc. | 183,066 | 3,743,700 |
Paramount Group, Inc. | 221,909 | 3,355,264 |
Parkway Properties, Inc. | 108,628 | 1,454,529 |
Pebblebrook Hotel Trust | 92,463 | 2,511,295 |
Pennsylvania Real Estate Investment Trust | 93,358 | 1,788,739 |
PennyMac Mortgage Investment Trust | 95,735 | 1,259,873 |
Physicians Realty Trust | 145,005 | 2,491,186 |
Piedmont Office Realty Trust, Inc., Class A | 188,175 | 3,456,775 |
Post Properties, Inc. | 71,259 | 3,971,264 |
Potlatch Corp. | 54,322 | 1,436,274 |
Security | Number of Shares | Value ($) |
PS Business Parks, Inc. | 26,268 | 2,411,665 |
QTS Realty Trust, Inc., Class A | 50,294 | 2,239,089 |
RAIT Financial Trust | 99,527 | 260,761 |
Ramco-Gershenson Properties Trust | 99,274 | 1,667,803 |
Rayonier, Inc. | 160,696 | 3,507,994 |
Redwood Trust, Inc. | 105,377 | 1,252,933 |
Resource Capital Corp. (a) | 46,965 | 520,842 |
Retail Opportunity Investments Corp. | 126,921 | 2,332,808 |
Retail Properties of America, Inc., Class A | 310,595 | 4,562,641 |
Rexford Industrial Realty, Inc. | 73,709 | 1,241,997 |
RLJ Lodging Trust | 167,824 | 3,519,269 |
Rouse Properties, Inc. | 50,691 | 924,604 |
Ryman Hospitality Properties, Inc. | 65,906 | 3,154,920 |
Sabra Health Care REIT, Inc. | 85,438 | 1,701,498 |
Saul Centers, Inc. | 14,209 | 695,957 |
Select Income REIT | 84,350 | 1,739,297 |
Seritage Growth Properties, Class A (a) | 18,506 | 765,408 |
Silver Bay Realty Trust Corp. | 43,031 | 591,676 |
Sovran Self Storage, Inc. | 50,670 | 5,393,315 |
Spirit Realty Capital, Inc. | 583,129 | 6,233,649 |
STAG Industrial, Inc. | 87,232 | 1,531,794 |
Starwood Property Trust, Inc. | 315,836 | 5,539,763 |
STORE Capital Corp. | 109,211 | 2,637,446 |
Summit Hotel Properties, Inc. | 110,073 | 1,189,889 |
Sun Communities, Inc. | 79,640 | 5,378,089 |
Sunstone Hotel Investors, Inc. | 289,820 | 3,738,678 |
Tanger Factory Outlet Centers, Inc. | 124,070 | 3,980,166 |
Tejon Ranch Co. * | 20,707 | 364,443 |
Terreno Realty Corp. | 53,060 | 1,174,748 |
The Geo Group, Inc. | 95,735 | 2,780,144 |
The Howard Hughes Corp. * | 48,070 | 4,460,415 |
The St. Joe Co. * | 105,625 | 1,606,556 |
Two Harbors Investment Corp. | 477,093 | 3,697,471 |
Universal Health Realty Income Trust | 14,861 | 770,394 |
Urban Edge Properties | 118,053 | 2,871,049 |
Urstadt Biddle Properties, Inc. | 8,339 | 146,766 |
Urstadt Biddle Properties, Inc., Class A | 28,819 | 569,752 |
Washington Real Estate Investment Trust | 87,225 | 2,256,511 |
Western Asset Mortgage Capital Corp. (a) | 56,222 | 607,760 |
Whitestone REIT | 32,695 | 366,838 |
WP Glimcher, Inc. | 237,177 | 2,049,209 |
Xenia Hotels & Resorts, Inc. | 142,921 | 2,189,550 |
337,405,228 | ||
Retailing 4.0% | ||
1-800-Flowers.com, Inc., Class A * | 39,645 | 309,627 |
Aaron's, Inc. | 82,914 | 1,906,193 |
Abercrombie & Fitch Co., Class A | 86,708 | 2,518,867 |
America's Car-Mart, Inc. * | 15,544 | 390,776 |
American Eagle Outfitters, Inc. | 233,492 | 3,563,088 |
Asbury Automotive Group, Inc. * | 34,039 | 1,987,878 |
Ascena Retail Group, Inc. * | 218,790 | 1,848,775 |
Security | Number of Shares | Value ($) |
Barnes & Noble Education, Inc. * | 52,623 | 562,014 |
Barnes & Noble, Inc. | 84,195 | 816,691 |
Big Lots, Inc. | 66,371 | 2,684,707 |
Blue Nile, Inc. | 14,935 | 389,206 |
Boot Barn Holdings, Inc. * | 30,163 | 306,456 |
Burlington Stores, Inc. * | 100,331 | 5,624,556 |
Cabela's, Inc. * | 65,151 | 3,125,945 |
Caleres, Inc. | 54,380 | 1,541,129 |
Chico's FAS, Inc. | 177,337 | 2,262,820 |
Conn's, Inc. *(a) | 34,593 | 587,043 |
Core-Mark Holding Co., Inc. | 29,892 | 2,200,948 |
CST Brands, Inc. | 100,479 | 3,259,539 |
DSW, Inc., Class A | 92,505 | 2,423,631 |
Etsy, Inc. * | 22,081 | 175,323 |
Express, Inc. * | 93,901 | 1,617,914 |
Five Below, Inc. * | 70,439 | 2,701,336 |
Francesca's Holdings Corp. * | 54,248 | 980,804 |
Fred's, Inc., Class A | 49,211 | 703,225 |
FTD Cos., Inc. * | 21,859 | 508,222 |
Genesco, Inc. * | 29,614 | 1,953,932 |
GNC Holdings, Inc., Class A | 108,913 | 3,101,842 |
Group 1 Automotive, Inc. | 29,184 | 1,627,300 |
Groupon, Inc. * | 571,523 | 2,731,880 |
Guess?, Inc. | 86,573 | 1,848,333 |
Haverty Furniture Cos., Inc. | 28,533 | 554,681 |
Hibbett Sports, Inc. * | 28,099 | 997,514 |
HSN, Inc. | 41,435 | 2,199,784 |
J.C. Penney Co., Inc. *(a) | 392,211 | 4,000,552 |
Lands' End, Inc. *(a) | 18,899 | 454,710 |
Liberty TripAdvisor Holdings, Inc., Class A * | 86,458 | 1,762,879 |
Lithia Motors, Inc., Class A | 30,509 | 2,828,794 |
Lumber Liquidators Holdings, Inc. *(a) | 36,708 | 415,902 |
MarineMax, Inc. * | 34,205 | 606,797 |
Mattress Firm Holding Corp. *(a) | 25,556 | 1,150,787 |
Monro Muffler Brake, Inc. | 40,643 | 2,778,762 |
Murphy USA, Inc. * | 51,233 | 3,263,030 |
Nutrisystem, Inc. | 44,131 | 898,066 |
Office Depot, Inc. * | 662,249 | 3,364,225 |
Ollie's Bargain Outlet Holdings, Inc. * | 10,558 | 213,272 |
Outerwall, Inc. (a) | 23,928 | 746,314 |
Overstock.com, Inc. * | 22,097 | 322,616 |
Party City Holdco, Inc. * | 25,191 | 249,139 |
Penske Automotive Group, Inc. | 56,358 | 2,125,824 |
PetMed Express, Inc. | 27,616 | 455,664 |
Pier 1 Imports, Inc. | 111,248 | 549,565 |
Pool Corp. | 56,457 | 4,531,803 |
Rent-A-Center, Inc. | 67,191 | 858,029 |
Restoration Hardware Holdings, Inc. * | 49,887 | 1,895,207 |
Sears Holdings Corp. *(a) | 67,559 | 1,180,256 |
Sears Hometown & Outlet Stores, Inc. * | 10,764 | 72,872 |
Select Comfort Corp. * | 65,471 | 1,171,931 |
Shoe Carnival, Inc. | 22,245 | 524,315 |
Shutterfly, Inc. * | 46,242 | 2,054,994 |
Sonic Automotive, Inc., Class A | 39,114 | 749,033 |
Stage Stores, Inc. | 47,301 | 397,328 |
Stein Mart, Inc. | 39,570 | 293,214 |
Tailored Brands, Inc. | 62,104 | 958,886 |
Security | Number of Shares | Value ($) |
The Buckle, Inc. | 34,607 | 1,100,503 |
The Cato Corp., Class A | 32,583 | 1,179,505 |
The Children's Place, Inc. | 26,750 | 1,822,745 |
The Container Store Group, Inc. *(a) | 16,258 | 87,956 |
The Finish Line, Inc., Class A | 57,224 | 1,042,621 |
The Michaels Cos., Inc. * | 95,850 | 2,233,305 |
Tile Shop Holdings, Inc. * | 38,473 | 485,529 |
Tuesday Morning Corp. * | 62,779 | 422,503 |
Vitamin Shoppe, Inc. * | 36,840 | 1,016,416 |
Wayfair, Inc., Class A *(a) | 32,979 | 1,285,192 |
Weyco Group, Inc. | 6,980 | 189,996 |
Winmark Corp. | 2,750 | 266,475 |
Zumiez, Inc. * | 30,430 | 628,684 |
112,648,175 | ||
Semiconductors & Semiconductor Equipment 3.0% | ||
Advanced Energy Industries, Inc. * | 54,367 | 1,621,768 |
Advanced Micro Devices, Inc. *(a) | 852,192 | 1,823,691 |
Amkor Technology, Inc. * | 122,689 | 620,806 |
Applied Micro Circuits Corp. * | 110,084 | 636,286 |
Atmel Corp. | 553,542 | 4,472,619 |
Brooks Automation, Inc. | 83,118 | 810,401 |
Cabot Microelectronics Corp. * | 32,388 | 1,245,642 |
Cavium, Inc. * | 75,183 | 4,472,637 |
CEVA, Inc. * | 24,101 | 472,621 |
Cirrus Logic, Inc. * | 81,397 | 2,867,616 |
Cohu, Inc. | 31,585 | 360,385 |
Cree, Inc. * | 137,578 | 4,366,726 |
Cypress Semiconductor Corp. * | 429,581 | 3,428,056 |
Diodes, Inc. * | 49,124 | 940,233 |
Entegris, Inc. * | 179,252 | 2,215,555 |
Exar Corp. * | 59,750 | 319,065 |
Fairchild Semiconductor International, Inc. * | 146,969 | 2,948,198 |
FormFactor, Inc. * | 81,770 | 621,452 |
Inphi Corp. * | 43,854 | 1,109,506 |
Integrated Device Technology, Inc. * | 190,116 | 3,692,053 |
Intersil Corp., Class A | 174,818 | 2,232,426 |
IXYS Corp. | 35,507 | 400,519 |
Kulicke & Soffa Industries, Inc. * | 85,677 | 968,150 |
Lattice Semiconductor Corp. * | 155,936 | 987,075 |
M/A-COM Technology Solutions Holdings, Inc. * | 28,220 | 1,069,538 |
Microsemi Corp. * | 148,896 | 5,156,269 |
MKS Instruments, Inc. | 67,969 | 2,236,180 |
Monolithic Power Systems, Inc. | 46,122 | 2,723,965 |
Nanometrics, Inc. * | 32,773 | 454,889 |
ON Semiconductor Corp. * | 555,574 | 4,661,266 |
PDF Solutions, Inc. * | 38,141 | 433,282 |
Photronics, Inc. * | 87,077 | 885,573 |
Power Integrations, Inc. | 36,167 | 1,657,534 |
Rambus, Inc. * | 152,513 | 1,987,244 |
Rudolph Technologies, Inc. * | 44,142 | 572,080 |
Semtech Corp. * | 80,795 | 1,548,032 |
Silicon Laboratories, Inc. * | 50,548 | 2,085,105 |
SolarEdge Technologies, Inc. *(a) | 9,504 | 232,563 |
SunEdison Semiconductor Ltd. * | 57,785 | 394,672 |
SunEdison, Inc. *(a) | 412,896 | 817,534 |
SunPower Corp. *(a) | 74,341 | 1,755,934 |
Security | Number of Shares | Value ($) |
Synaptics, Inc. * | 46,729 | 3,794,862 |
Teradyne, Inc. | 268,539 | 5,123,724 |
Tessera Technologies, Inc. | 62,696 | 1,848,278 |
Ultratech, Inc. * | 36,336 | 736,894 |
Veeco Instruments, Inc. * | 49,449 | 917,279 |
84,726,183 | ||
Software & Services 8.2% | ||
A10 Networks, Inc. * | 51,161 | 315,152 |
ACI Worldwide, Inc. * | 151,647 | 2,829,733 |
Actua Corp. * | 41,697 | 338,997 |
Acxiom Corp. * | 99,675 | 2,067,260 |
Alarm.com Holdings, Inc. *(a) | 12,370 | 246,782 |
Angie's List, Inc. * | 61,222 | 565,079 |
Apigee Corp. * | 15,419 | 90,201 |
Aspen Technology, Inc. * | 109,584 | 3,612,984 |
Bankrate, Inc. * | 70,709 | 541,631 |
Barracuda Networks, Inc. * | 28,192 | 362,549 |
Bazaarvoice, Inc. * | 80,364 | 252,343 |
Benefitfocus, Inc. *(a) | 17,256 | 541,666 |
Black Knight Financial Services, Inc., Class A * | 22,172 | 649,861 |
Blackbaud, Inc. | 60,491 | 3,419,556 |
Blackhawk Network Holdings, Inc. * | 72,900 | 2,466,936 |
Blucora, Inc. * | 51,777 | 318,429 |
Booz Allen Hamilton Holding Corp. | 149,755 | 4,133,238 |
Bottomline Technologies (DE), Inc. * | 51,357 | 1,448,781 |
Box, Inc., Class A *(a) | 45,221 | 520,494 |
BroadSoft, Inc. * | 37,606 | 1,387,285 |
CACI International, Inc., Class A * | 30,903 | 2,985,848 |
Callidus Software, Inc. * | 70,281 | 964,958 |
Carbonite, Inc. * | 16,783 | 127,047 |
Cardtronics, Inc. * | 57,378 | 1,934,786 |
Cass Information Systems, Inc. | 13,318 | 664,035 |
ChannelAdvisor Corp. * | 27,331 | 290,529 |
Ciber, Inc. * | 89,482 | 178,964 |
CommVault Systems, Inc. * | 54,253 | 2,032,860 |
comScore, Inc. * | 60,134 | 2,474,514 |
Convergys Corp. | 126,017 | 3,248,718 |
CoreLogic, Inc. * | 114,008 | 3,943,537 |
Cornerstone OnDemand, Inc. * | 64,803 | 1,866,326 |
CSG Systems International, Inc. | 42,634 | 1,618,387 |
Cvent, Inc. * | 30,361 | 592,950 |
Demandware, Inc. * | 44,184 | 1,532,743 |
DHI Group, Inc. * | 48,037 | 373,728 |
DST Systems, Inc. | 43,102 | 4,507,607 |
EarthLink Holdings Corp. | 132,528 | 747,458 |
Ebix, Inc. (a) | 34,373 | 1,272,832 |
Ellie Mae, Inc. * | 38,493 | 3,238,416 |
Endurance International Group Holdings, Inc. *(a) | 78,427 | 881,519 |
EnerNOC, Inc. * | 36,521 | 224,239 |
Envestnet, Inc. * | 48,214 | 988,869 |
EPAM Systems, Inc. * | 56,362 | 3,854,034 |
Epiq Systems, Inc. | 40,192 | 549,827 |
Euronet Worldwide, Inc. * | 66,239 | 4,341,304 |
Everi Holdings, Inc. * | 97,661 | 287,123 |
EVERTEC, Inc. | 89,338 | 1,063,122 |
Security | Number of Shares | Value ($) |
Everyday Health, Inc. * | 31,592 | 149,430 |
ExlService Holdings, Inc. * | 43,058 | 2,027,601 |
Fair Isaac Corp. | 43,137 | 4,292,994 |
First Data Corp., Class A * | 246,104 | 3,076,300 |
Five9, Inc. * | 33,066 | 266,181 |
Forrester Research, Inc. | 10,666 | 331,926 |
Genpact Ltd. * | 206,185 | 5,449,470 |
Gigamon, Inc. * | 33,908 | 928,062 |
GoDaddy, Inc., Class A * | 31,234 | 979,186 |
Gogo, Inc. *(a) | 60,955 | 663,190 |
GrubHub, Inc. * | 99,513 | 2,342,536 |
GTT Communications, Inc. * | 40,917 | 604,753 |
Guidewire Software, Inc. * | 92,848 | 4,570,907 |
Heartland Payment Systems, Inc. | 47,677 | 4,458,753 |
Hortonworks, Inc. *(a) | 57,094 | 659,436 |
HubSpot, Inc. * | 12,610 | 525,333 |
Imperva, Inc. * | 34,103 | 1,496,099 |
Infoblox, Inc. * | 67,690 | 1,047,841 |
Instructure, Inc. * | 6,072 | 86,830 |
Interactive Intelligence Group, Inc. * | 24,749 | 740,738 |
Internap Corp. * | 73,056 | 186,293 |
Intralinks Holdings, Inc. * | 54,379 | 422,525 |
j2 Global, Inc. | 61,192 | 4,471,911 |
Jive Software, Inc. * | 59,678 | 193,357 |
Leidos Holdings, Inc. | 84,950 | 3,671,539 |
Liquidity Services, Inc. * | 30,339 | 141,683 |
LivePerson, Inc. * | 71,824 | 368,457 |
LogMeIn, Inc. * | 32,276 | 1,642,848 |
Manhattan Associates, Inc. * | 96,523 | 5,333,861 |
ManTech International Corp., Class A | 31,013 | 903,409 |
Marketo, Inc. * | 45,927 | 774,789 |
MAXIMUS, Inc. | 84,570 | 4,158,307 |
Mentor Graphics Corp. | 128,254 | 2,449,651 |
MicroStrategy, Inc., Class A * | 12,241 | 1,969,455 |
MoneyGram International, Inc. * | 43,340 | 233,169 |
Monotype Imaging Holdings, Inc. | 52,060 | 1,235,904 |
Monster Worldwide, Inc. * | 127,023 | 378,529 |
NeuStar, Inc., Class A *(a) | 69,569 | 1,730,181 |
New Relic, Inc. * | 25,092 | 667,949 |
NIC, Inc. | 81,820 | 1,439,214 |
OPOWER, Inc. *(a) | 40,074 | 331,412 |
Pandora Media, Inc. * | 258,014 | 2,636,903 |
Paycom Software, Inc. * | 47,677 | 1,519,943 |
Paylocity Holding Corp. * | 26,628 | 788,721 |
Pegasystems, Inc. | 48,545 | 1,182,071 |
Perficient, Inc. * | 43,378 | 782,973 |
Progress Software Corp. * | 67,385 | 1,699,450 |
Proofpoint, Inc. * | 55,968 | 2,621,541 |
PROS Holdings, Inc. * | 31,259 | 343,536 |
PTC, Inc. * | 151,529 | 4,683,761 |
Q2 Holdings, Inc. * | 29,560 | 599,181 |
Qlik Technologies, Inc. * | 118,966 | 2,762,391 |
Qualys, Inc. * | 29,097 | 726,552 |
Quotient Technology, Inc. *(a) | 76,527 | 665,785 |
Rapid7, Inc. * | 7,362 | 97,841 |
RealNetworks, Inc. * | 32,305 | 125,990 |
RealPage, Inc. * | 68,829 | 1,380,021 |
RetailMeNot, Inc. * | 54,591 | 441,095 |
RingCentral, Inc., Class A * | 71,066 | 1,314,721 |
Rocket Fuel, Inc. *(a) | 36,629 | 129,667 |
Security | Number of Shares | Value ($) |
Rovi Corp. * | 108,030 | 2,460,923 |
Science Applications International Corp. | 54,488 | 2,432,889 |
SciQuest, Inc. * | 36,243 | 440,352 |
ServiceSource International, Inc. * | 59,539 | 241,728 |
Shutterstock, Inc. *(a) | 25,723 | 897,733 |
Silver Spring Networks, Inc. * | 50,731 | 634,138 |
Solera Holdings, Inc. | 88,910 | 4,952,287 |
SPS Commerce, Inc. * | 21,955 | 981,828 |
Stamps.com, Inc. * | 19,076 | 2,261,078 |
Sykes Enterprises, Inc. * | 52,102 | 1,587,548 |
Synchronoss Technologies, Inc. * | 51,175 | 1,433,412 |
Syntel, Inc. * | 41,452 | 1,895,185 |
Take-Two Interactive Software, Inc. * | 108,765 | 3,914,452 |
Tangoe, Inc. * | 49,666 | 401,798 |
TeleTech Holdings, Inc. | 23,533 | 651,864 |
Textura Corp. * | 26,367 | 454,831 |
The Rubicon Project, Inc. * | 26,540 | 437,645 |
The Ultimate Software Group, Inc. * | 37,574 | 6,453,710 |
TiVo, Inc. * | 159,536 | 1,338,507 |
Travelport Worldwide Ltd. | 134,258 | 1,742,669 |
TrueCar, Inc. *(a) | 76,905 | 417,594 |
Tyler Technologies, Inc. * | 42,465 | 5,109,389 |
Unisys Corp. * | 67,982 | 732,166 |
Varonis Systems, Inc. *(a) | 17,988 | 331,159 |
VASCO Data Security International, Inc. * | 38,077 | 523,559 |
Verint Systems, Inc. * | 84,320 | 2,995,890 |
VirnetX Holding Corp. *(a) | 58,835 | 272,406 |
Virtusa Corp. * | 34,653 | 1,226,716 |
Web.com Group, Inc. * | 67,452 | 1,224,254 |
WebMD Health Corp. * | 48,176 | 2,671,841 |
WEX, Inc. * | 52,103 | 3,402,326 |
Workiva, Inc. * | 25,302 | 315,769 |
XO Group, Inc. * | 31,876 | 455,189 |
Xura, Inc. * | 34,016 | 667,734 |
Yelp, Inc. * | 70,596 | 1,428,863 |
Zendesk, Inc. * | 70,264 | 1,285,831 |
Zillow Group, Inc., Class A *(a) | 68,642 | 1,589,062 |
Zillow Group, Inc., Class C *(a) | 130,111 | 2,810,398 |
Zynga, Inc., Class A * | 1,061,867 | 2,240,539 |
230,114,651 | ||
Technology Hardware & Equipment 5.4% | ||
3D Systems Corp. *(a) | 135,102 | 1,441,538 |
ADTRAN, Inc. | 61,754 | 1,155,417 |
Aerohive Networks, Inc. * | 28,285 | 143,971 |
Anixter International, Inc. * | 37,966 | 1,626,084 |
Arista Networks, Inc. * | 46,362 | 3,177,651 |
ARRIS International plc * | 235,068 | 5,615,775 |
Avid Technology, Inc. * | 43,018 | 329,088 |
AVX Corp. | 58,014 | 681,084 |
Badger Meter, Inc. | 19,559 | 1,284,832 |
Belden, Inc. | 54,644 | 2,992,852 |
Benchmark Electronics, Inc. * | 64,799 | 1,402,898 |
Black Box Corp. | 24,936 | 330,402 |
Brocade Communications Systems, Inc. | 549,110 | 5,452,662 |
CalAmp Corp. * | 50,554 | 924,127 |
Security | Number of Shares | Value ($) |
Calix, Inc. * | 65,262 | 453,571 |
Checkpoint Systems, Inc. | 59,977 | 450,427 |
Ciena Corp. * | 166,722 | 3,417,801 |
Cognex Corp. | 111,969 | 4,143,973 |
Coherent, Inc. * | 31,312 | 2,648,995 |
Comtech Telecommunications Corp. | 21,149 | 434,612 |
Control4 Corp. * | 20,983 | 172,061 |
CPI Card Group, Inc. *(a) | 19,478 | 154,071 |
Cray, Inc. * | 55,076 | 2,335,773 |
CTS Corp. | 41,998 | 607,291 |
Daktronics, Inc. | 53,693 | 379,610 |
Diebold, Inc. | 86,091 | 2,136,779 |
Dolby Laboratories, Inc., Class A | 64,132 | 2,533,214 |
DTS, Inc. * | 21,104 | 499,532 |
EchoStar Corp., Class A * | 58,279 | 2,605,071 |
Electro Rent Corp. | 26,298 | 249,305 |
Electronics For Imaging, Inc. * | 62,382 | 2,470,951 |
ePlus, Inc. * | 7,857 | 589,982 |
Extreme Networks, Inc. * | 141,507 | 399,050 |
Fabrinet * | 36,902 | 1,053,552 |
FARO Technologies, Inc. * | 23,307 | 746,989 |
FEI Co. | 53,537 | 4,349,346 |
Finisar Corp. * | 151,536 | 2,209,395 |
GSI Group, Inc. * | 36,948 | 475,521 |
Harmonic, Inc. * | 100,696 | 337,332 |
II-VI, Inc. * | 67,080 | 1,472,406 |
Infinera Corp. * | 182,786 | 2,867,912 |
Ingram Micro, Inc., Class A | 208,144 | 7,451,555 |
Insight Enterprises, Inc. * | 46,094 | 1,203,053 |
InterDigital, Inc. | 45,880 | 2,281,612 |
InvenSense, Inc. * | 98,856 | 772,065 |
IPG Photonics Corp. * | 48,455 | 3,995,599 |
Itron, Inc. * | 47,766 | 1,902,997 |
Ixia * | 82,004 | 935,666 |
Knowles Corp. *(a) | 113,162 | 1,287,784 |
Lexmark International, Inc., Class A | 85,528 | 2,653,079 |
Littelfuse, Inc. | 29,075 | 3,303,502 |
Lumentum Holdings, Inc. * | 62,985 | 1,513,530 |
Maxwell Technologies, Inc. * | 43,985 | 252,034 |
Methode Electronics, Inc. | 50,742 | 1,449,699 |
MTS Systems Corp. | 18,645 | 1,024,543 |
NETGEAR, Inc. * | 40,376 | 1,595,256 |
NetScout Systems, Inc. * | 129,396 | 2,674,615 |
Newport Corp. * | 46,968 | 1,069,461 |
Nimble Storage, Inc. * | 64,172 | 464,605 |
OSI Systems, Inc. * | 25,024 | 1,510,699 |
Park Electrochemical Corp. | 29,659 | 422,048 |
PC Connection, Inc. | 20,695 | 512,615 |
Plantronics, Inc. | 44,206 | 1,657,725 |
Plexus Corp. * | 44,722 | 1,627,434 |
Polycom, Inc. * | 167,407 | 1,742,707 |
Pure Storage, Inc., Class A *(a) | 33,412 | 480,465 |
QLogic Corp. * | 108,501 | 1,398,578 |
Quantum Corp. * | 347,170 | 177,057 |
RealD, Inc. * | 63,724 | 688,219 |
Rofin-Sinar Technologies, Inc. * | 36,760 | 821,218 |
Rogers Corp. * | 24,605 | 1,314,399 |
Ruckus Wireless, Inc. * | 110,568 | 1,070,298 |
Sanmina Corp. * | 101,867 | 2,098,460 |
ScanSource, Inc. * | 35,049 | 1,310,482 |
Security | Number of Shares | Value ($) |
ShoreTel, Inc. * | 84,108 | 621,558 |
Silicon Graphics International Corp. * | 50,984 | 309,473 |
Sonus Networks, Inc. * | 69,999 | 545,292 |
Super Micro Computer, Inc. * | 49,196 | 1,597,394 |
SYNNEX Corp. | 37,963 | 3,569,661 |
Systemax, Inc. * | 13,041 | 114,891 |
Tech Data Corp. * | 45,280 | 3,188,165 |
TTM Technologies, Inc. * | 80,747 | 529,700 |
Ubiquiti Networks, Inc. *(a) | 30,809 | 1,006,530 |
Universal Display Corp. * | 55,954 | 2,673,482 |
VeriFone Systems, Inc. * | 159,789 | 3,817,359 |
ViaSat, Inc. * | 59,225 | 4,324,017 |
Viavi Solutions, Inc. * | 290,282 | 1,895,541 |
Vishay Intertechnology, Inc. | 171,148 | 2,026,392 |
Zebra Technologies Corp., Class A * | 66,816 | 4,127,893 |
149,763,310 | ||
Telecommunication Services 0.7% | ||
8x8, Inc. * | 119,726 | 1,392,413 |
Atlantic Tele-Network, Inc. | 14,660 | 1,054,640 |
Cincinnati Bell, Inc. * | 263,073 | 910,233 |
Cogent Communications Holdings, Inc. | 53,982 | 1,981,139 |
Consolidated Communications Holdings, Inc. | 68,433 | 1,600,648 |
FairPoint Communications, Inc. * | 30,453 | 457,709 |
General Communication, Inc., Class A * | 41,683 | 795,729 |
Globalstar, Inc. *(a) | 353,268 | 551,098 |
IDT Corp., Class B | 16,811 | 219,047 |
inContact, Inc. * | 82,004 | 760,177 |
Intelsat S.A. *(a) | 38,203 | 65,709 |
Iridium Communications, Inc. *(a) | 112,545 | 779,937 |
NII Holdings, Inc. * | 127,597 | 677,540 |
NTELOS Holdings Corp. * | 21,137 | 194,249 |
pdvWireless, Inc. *(a) | 12,413 | 352,529 |
Shenandoah Telecommunications Co. | 60,498 | 1,461,632 |
Spok Holdings, Inc. | 27,611 | 489,267 |
Telephone & Data Systems, Inc. | 126,116 | 3,369,820 |
United States Cellular Corp. * | 16,691 | 691,007 |
Vonage Holdings Corp. * | 231,849 | 1,245,029 |
Windstream Holdings, Inc. (a) | 126,247 | 949,378 |
19,998,930 | ||
Transportation 1.5% | ||
Air Transport Services Group, Inc. * | 72,701 | 839,697 |
Allegiant Travel Co. | 16,910 | 2,771,211 |
ArcBest Corp. | 32,392 | 633,911 |
Atlas Air Worldwide Holdings, Inc. * | 36,074 | 1,306,240 |
Celadon Group, Inc. | 40,266 | 361,186 |
Echo Global Logistics, Inc. * | 31,946 | 814,942 |
Forward Air Corp. | 40,906 | 1,665,692 |
Hawaiian Holdings, Inc. * | 61,961 | 2,665,562 |
Heartland Express, Inc. (a) | 76,236 | 1,402,742 |
Hub Group, Inc., Class A * | 45,342 | 1,674,027 |
Knight Transportation, Inc. | 79,386 | 1,923,523 |
Security | Number of Shares | Value ($) |
Landstar System, Inc. | 55,828 | 3,305,018 |
Marten Transport Ltd. | 33,738 | 553,303 |
Matson, Inc. | 56,301 | 2,257,107 |
Park-Ohio Holdings Corp. | 12,951 | 380,759 |
Roadrunner Transportation Systems, Inc. * | 37,477 | 436,982 |
Ryder System, Inc. | 74,823 | 4,243,961 |
Saia, Inc. * | 33,702 | 884,678 |
SkyWest, Inc. | 65,327 | 1,179,152 |
Spirit Airlines, Inc. * | 96,694 | 4,617,139 |
Swift Transportation Co. * | 127,310 | 2,169,362 |
Universal Truckload Services, Inc. | 10,512 | 164,618 |
Virgin America, Inc. *(a) | 22,532 | 702,773 |
Werner Enterprises, Inc. | 59,613 | 1,582,725 |
Wesco Aircraft Holdings, Inc. * | 72,616 | 928,759 |
XPO Logistics, Inc. *(a) | 115,099 | 2,849,851 |
42,314,920 | ||
Utilities 3.9% | ||
ALLETE, Inc. | 59,563 | 3,158,030 |
American States Water Co. | 47,903 | 2,031,566 |
Avista Corp. | 84,476 | 3,193,193 |
Black Hills Corp. | 66,981 | 3,751,606 |
California Water Service Group | 63,767 | 1,576,320 |
Chesapeake Utilities Corp. | 20,027 | 1,247,682 |
Cleco Corp. | 81,134 | 3,724,862 |
Connecticut Water Service, Inc. | 14,907 | 621,473 |
Dynegy, Inc. * | 155,600 | 1,568,448 |
El Paso Electric Co. | 51,487 | 2,103,244 |
Great Plains Energy, Inc. | 204,419 | 5,997,653 |
Hawaiian Electric Industries, Inc. | 138,984 | 4,080,570 |
IDACORP, Inc. | 66,148 | 4,693,862 |
MDU Resources Group, Inc. | 257,510 | 4,689,257 |
MGE Energy, Inc. | 44,197 | 2,145,322 |
Middlesex Water Co. | 22,371 | 626,835 |
New Jersey Resources Corp. | 113,838 | 3,941,072 |
Northwest Natural Gas Co. | 36,299 | 1,810,957 |
NorthWestern Corp. | 62,996 | 3,740,073 |
NRG Yield, Inc., Class A | 46,615 | 577,094 |
NRG Yield, Inc., Class C | 78,826 | 1,030,256 |
ONE Gas, Inc. | 67,021 | 3,885,878 |
Ormat Technologies, Inc. | 44,350 | 1,692,396 |
Otter Tail Corp. | 49,345 | 1,350,079 |
Pattern Energy Group, Inc. | 70,264 | 1,193,083 |
Piedmont Natural Gas Co., Inc. | 104,050 | 6,181,610 |
PNM Resources, Inc. | 101,917 | 3,253,191 |
Portland General Electric Co. | 116,957 | 4,450,214 |
Questar Corp. | 230,963 | 5,720,953 |
SJW Corp. | 20,039 | 726,614 |
South Jersey Industries, Inc. | 90,784 | 2,310,453 |
Southwest Gas Corp. | 62,699 | 3,824,639 |
Talen Energy Corp. * | 80,690 | 513,188 |
TerraForm Global, Inc., Class A (a) | 67,048 | 212,542 |
TerraForm Power, Inc., Class A *(a) | 95,465 | 920,283 |
The Empire District Electric Co. | 57,337 | 1,876,067 |
The Laclede Group, Inc. | 55,999 | 3,669,054 |
Unitil Corp. | 17,247 | 678,325 |
Vectren Corp. | 109,111 | 4,966,733 |
Security | Number of Shares | Value ($) |
Vivint Solar, Inc. *(a) | 29,707 | 234,388 |
WGL Holdings, Inc. | 66,139 | 4,510,018 |
108,479,083 | ||
Total Common Stock | ||
(Cost $2,965,307,451) | 2,792,144,646 | |
Rights 0.0% of net assets | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
Dyax Corp. CVR (b)(c) | 193,941 | 215,275 |
Forest Laboratories, Inc., CVR *(b)(c) | 5,521 | — |
215,275 | ||
Telecommunication Services 0.0% | ||
Leap Wireless CVR *(b)(c) | 45,801 | 98,105 |
Total Rights | ||
(Cost $330,693) | 313,380 | |
Warrants 0.0% of net assets | ||
Energy 0.0% | ||
Magnum Hunter Resources Corp. *(b)(c) | 11,911 | — |
Total Warrants | ||
(Cost $—) | — | |
Other Investment Companies 3.7% of net assets | ||
Money Market Fund 0.0% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.24% (d) | 946,285 | 946,285 |
Securities Lending Collateral 3.7% | ||
Wells Fargo Advantage Government Money Market Fund, Institutional Class 0.16% (d) | 101,925,971 | 101,925,971 |
Total Other Investment Companies | ||
(Cost $102,872,256) | 102,872,256 |
At 02/29/16, the tax basis cost of the fund's investments was $3,072,596,271 and the unrealized appreciation and depreciation were $284,014,307 and ($461,280,296), respectively, with a net unrealized depreciation of ($177,265,989).
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $98,949,102. |
(b) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
(c) | Illiquid security. At the period end, the value of these amounted to $313,380 or 0.0% of net assets. |
(d) | The rate shown is the 7-day yield. |
CVR — | Contingent Value Rights |
REIT — | Real Estate Investment Trust |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
Russell 2000 Index, e-mini, Long, expires 03/18/16 | 35 | 3,610,950 | 195,810 |
Holdings by Category | Cost ($) | Value ($) | |
99.6% | Common Stock | 3,064,422,662 | 3,009,047,535 |
0.1% | Other Investment Companies | 1,922,299 | 1,951,672 |
99.7% | Total Investments | 3,066,344,961 | 3,010,999,207 |
0.3% | Other Assets and Liabilities, Net | 9,676,498 | |
100.0% | Net Assets | 3,020,675,705 |
Security | Number of Shares | Value ($) |
Common Stock 99.6% of net assets | ||
Banks 0.2% | ||
PacWest Bancorp | 81,840 | 2,633,611 |
Umpqua Holdings Corp. | 166,328 | 2,501,573 |
5,135,184 | ||
Capital Goods 11.9% | ||
3M Co. | 455,675 | 71,481,737 |
Caterpillar, Inc. | 436,938 | 29,580,703 |
Eaton Corp. plc | 339,046 | 19,227,299 |
Emerson Electric Co. | 478,256 | 23,353,240 |
Fastenal Co. | 210,239 | 9,521,724 |
Lockheed Martin Corp. | 194,506 | 41,972,450 |
PACCAR, Inc. | 256,637 | 13,216,805 |
Raytheon Co. | 221,140 | 27,388,189 |
Rockwell Automation, Inc. | 97,576 | 10,156,686 |
The Boeing Co. | 465,644 | 55,029,808 |
United Technologies Corp. | 602,337 | 58,197,801 |
359,126,442 | ||
Commercial & Professional Services 0.1% | ||
R.R. Donnelley & Sons Co. | 160,368 | 2,434,386 |
Consumer Durables & Apparel 0.8% | ||
Garmin Ltd. | 89,996 | 3,645,738 |
Hasbro, Inc. | 82,762 | 6,279,153 |
Leggett & Platt, Inc. | 100,284 | 4,478,683 |
Mattel, Inc. | 246,461 | 8,014,912 |
Tupperware Brands Corp. | 35,011 | 1,749,150 |
24,167,636 |
Security | Number of Shares | Value ($) |
Consumer Services 3.1% | ||
Cracker Barrel Old Country Store, Inc. | 17,695 | 2,619,745 |
Darden Restaurants, Inc. | 82,439 | 5,266,203 |
H&R Block, Inc. | 170,954 | 5,620,968 |
McDonald's Corp. | 685,850 | 80,374,761 |
93,881,677 | ||
Diversified Financials 0.5% | ||
Cohen & Steers, Inc. | 16,632 | 517,588 |
Federated Investors, Inc., Class B | 68,033 | 1,780,424 |
T. Rowe Price Group, Inc. | 185,646 | 12,829,995 |
Waddell & Reed Financial, Inc., Class A | 64,500 | 1,510,590 |
16,638,597 | ||
Energy 11.1% | ||
Chevron Corp. | 1,369,996 | 114,312,466 |
ConocoPhillips | 893,952 | 30,242,396 |
Exxon Mobil Corp. | 1,825,331 | 146,300,280 |
Helmerich & Payne, Inc. | 79,934 | 4,234,104 |
HollyFrontier Corp. | 139,098 | 4,704,294 |
ONEOK, Inc. | 155,370 | 3,728,880 |
RPC, Inc. | 56,057 | 760,693 |
The Williams Cos., Inc. | 494,333 | 7,904,385 |
Valero Energy Corp. | 362,797 | 21,796,844 |
333,984,342 | ||
Food & Staples Retailing 3.1% | ||
Sysco Corp. | 380,562 | 16,794,201 |
Wal-Mart Stores, Inc. | 1,150,266 | 76,308,647 |
93,102,848 | ||
Food, Beverage & Tobacco 13.2% | ||
Altria Group, Inc. | 1,428,909 | 87,977,927 |
B&G Foods, Inc. | 44,989 | 1,556,169 |
Campbell Soup Co. | 130,392 | 8,051,706 |
Flowers Foods, Inc. | 136,415 | 2,336,789 |
General Mills, Inc. | 433,753 | 25,526,364 |
Kellogg Co. | 184,301 | 13,641,960 |
PepsiCo, Inc. | 1,070,539 | 104,720,125 |
Reynolds American, Inc. | 604,627 | 30,491,340 |
The Coca-Cola Co. | 2,853,146 | 123,056,187 |
397,358,567 | ||
Health Care Equipment & Services 0.8% | ||
Baxter International, Inc. | 395,136 | 15,611,823 |
Computer Programs & Systems, Inc. | 8,663 | 490,846 |
Meridian Bioscience, Inc. | 29,798 | 600,430 |
Quest Diagnostics, Inc. | 103,998 | 6,918,987 |
23,622,086 | ||
Household & Personal Products 7.7% | ||
Colgate-Palmolive Co. | 654,528 | 42,963,218 |
Kimberly-Clark Corp. | 265,389 | 34,580,187 |
Security | Number of Shares | Value ($) |
The Clorox Co. | 93,301 | 11,795,112 |
The Procter & Gamble Co. | 1,777,889 | 142,746,708 |
232,085,225 | ||
Insurance 1.1% | ||
Aflac, Inc. | 312,485 | 18,599,107 |
Mercury General Corp. | 26,293 | 1,382,486 |
PartnerRe Ltd. | 35,829 | 5,025,734 |
Principal Financial Group, Inc. | 198,820 | 7,517,384 |
Safety Insurance Group, Inc. | 10,019 | 554,151 |
33,078,862 | ||
Materials 3.2% | ||
Compass Minerals International, Inc. | 25,877 | 1,755,496 |
E.I. du Pont de Nemours & Co. | 658,132 | 40,060,495 |
International Paper Co. | 301,608 | 10,767,405 |
Schweitzer-Mauduit International, Inc. | 21,755 | 657,436 |
Sonoco Products Co. | 76,651 | 3,349,649 |
The Dow Chemical Co. | 842,361 | 40,947,168 |
97,537,649 | ||
Media 0.6% | ||
Meredith Corp. | 25,628 | 1,114,562 |
Omnicom Group, Inc. | 177,288 | 13,794,779 |
TEGNA, Inc. | 167,488 | 4,126,904 |
19,036,245 | ||
Pharmaceuticals, Biotechnology & Life Sciences 10.6% | ||
Eli Lilly & Co. | 710,619 | 51,164,568 |
Johnson & Johnson | 1,352,021 | 142,246,130 |
Pfizer, Inc. | 4,276,951 | 126,897,136 |
320,307,834 | ||
Retailing 5.7% | ||
American Eagle Outfitters, Inc. | 134,262 | 2,048,838 |
Genuine Parts Co. | 109,868 | 9,904,601 |
Staples, Inc. | 474,551 | 4,484,507 |
Target Corp. | 456,649 | 35,824,114 |
The Gap, Inc. | 172,228 | 4,762,104 |
The Home Depot, Inc. | 935,343 | 116,094,773 |
173,118,937 | ||
Semiconductors & Semiconductor Equipment 8.0% | ||
Analog Devices, Inc. | 229,232 | 12,147,004 |
Intel Corp. | 3,463,604 | 102,488,042 |
Linear Technology Corp. | 175,328 | 7,647,807 |
Maxim Integrated Products, Inc. | 204,643 | 6,929,212 |
Microchip Technology, Inc. | 152,497 | 6,784,592 |
QUALCOMM, Inc. | 1,144,724 | 58,140,532 |
Texas Instruments, Inc. | 747,073 | 39,609,810 |
Xilinx, Inc. | 188,350 | 8,893,887 |
242,640,886 |
Security | Number of Shares | Value ($) |
Software & Services 10.1% | ||
Accenture plc, Class A | 453,775 | 45,495,482 |
Automatic Data Processing, Inc. | 338,195 | 28,641,735 |
CA, Inc. | 227,117 | 6,652,257 |
International Business Machines Corp. | 656,646 | 86,040,325 |
Microsoft Corp. | 2,511,983 | 127,809,695 |
Paychex, Inc. | 232,883 | 11,967,857 |
306,607,351 | ||
Technology Hardware & Equipment 0.2% | ||
Harris Corp. | 89,865 | 7,011,267 |
Telecommunication Services 5.0% | ||
Verizon Communications, Inc. | 2,962,006 | 150,262,564 |
Transportation 1.9% | ||
C.H. Robinson Worldwide, Inc. | 102,768 | 7,176,289 |
United Parcel Service, Inc., Class B | 509,460 | 49,188,363 |
56,364,652 | ||
Utilities 0.7% | ||
Alliant Energy Corp. | 81,097 | 5,510,541 |
Questar Corp. | 124,463 | 3,082,949 |
WEC Energy Group, Inc. | 229,828 | 12,950,808 |
21,544,298 | ||
Total Common Stock | ||
(Cost $3,064,422,662) | 3,009,047,535 | |
Other Investment Companies 0.1% of net assets | ||
Equity Fund 0.0% | ||
Vanguard Dividend Appreciation ETF | 10,000 | 768,400 |
Money Market Fund 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.24% (a) | 1,183,272 | 1,183,272 |
Total Other Investment Companies | ||
(Cost $1,922,299) | 1,951,672 |
(a) | The rate shown is the 7-day yield. |
ETF — | Exchange-traded fund |
Table of Contents
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.
Not applicable.
Item 11: Controls and Procedures.
(a) | Based on their evaluation of Registrant’s disclosure controls and procedures, as of a date within 90 days of the filing date, Registrant’s chief executive officer and principal financial officer, have concluded that Registrant’s disclosure controls and procedures are: (i) reasonably designed to ensure that information required to be disclosed in this report is appropriately communicated to Registrant’s officers to allow timely decisions regarding disclosures required in this report; (ii) reasonably designed to ensure that information required to be disclosed in this report is recorded, processed, summarized and reported in a timely manner; and (iii) are effective in achieving the goals described in (i) and (ii) above. |
(b) | During the second fiscal quarter of the period covered by this report, there have been no changes in Registrant’s internal control over financial reporting that the above officers believe to have materially affected, or to be reasonably likely to materially affect, Registrant’s internal control over financial reporting. |
Item 12: Exhibits.
(a) | (1) | Code of ethics – not applicable to this semi-annual report. | ||
(2) | Separate certifications for Registrant’s chief executive officer and principal financial officer, as required by Rule 30a-2(a) under the Investment Company Act of 1940, as amended (the “1940 Act”), are attached. |
Table of Contents
(3) | Not applicable. | |||
(b) A certification for Registrant’s chief executive officer and principal financial officer, as required by Rule 30a-2(b) under the 1940 Act, is attached. This certification is being furnished to the Securities and Exchange Commission solely pursuant to 18 U.S.C. section 1350 and is not being filed as part of the Form N-CSR with the Commission. |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the 1940 Act, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) Schwab Strategic Trust
By: | /s/ Marie Chandoha | |
Marie Chandoha | ||
Chief Executive Officer |
Date 4/12/16
Pursuant to the requirements of the Securities Exchange Act of 1934 and the 1940 Act, 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: | /s/ Marie Chandoha | |
Marie Chandoha | ||
Chief Executive Officer | ||
Date: 4/12/16 | ||
By: | /s/ Mark Fischer | |
Mark Fischer | ||
Chief Financial Officer | ||
Date: 4/5/16 |