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 – Schwab U.S. Equity ETFs, Schwab International Equity ETFs and Schwab High Yield Bond ETF
(Exact name of registrant as specified in charter)
211 Main Street, San Francisco, California 94105
(Address of principal executive offices) (Zip code)
Omar Aguilar
Schwab Strategic Trust – Schwab U.S. Equity ETFs, Schwab International Equity ETFs and Schwab High Yield Bond ETF
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: August 31, 2023
Item 1: Report(s) to Shareholders.
![(CHARLES SCHWAB ASSET MANAGMENT LOGO)](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g79190img6cc302361.jpg)
Schwab International Dividend Equity ETF | SCHY |
Schwab International Equity ETF | SCHF |
Schwab International Small-Cap Equity ETF | SCHC |
Schwab Emerging Markets Equity ETF | SCHE |
2 | |
3 | |
5 | |
6 | |
9 | |
12 | |
15 | |
18 | |
19 | |
26 | |
44 | |
67 | |
92 | |
104 | |
105 | |
106 | |
109 | |
113 |
Total Returns for the 12 Months Ended August 31, 2023 | |
Schwab International Dividend Equity ETF (Ticker Symbol: SCHY) | |
Market Price Return1 | 13.83% |
NAV Return1 | 13.31% |
Dow Jones International Dividend 100 Index (Net)2 | 13.33% |
ETF Category: Morningstar Foreign Large Value3 | 18.50% |
Performance Details | pages 6-8 |
Schwab International Equity ETF (Ticker Symbol: SCHF) | |
Market Price Return1 | 16.75% |
NAV Return1 | 16.12% 4 |
FTSE Developed ex US Index (Net)2 | 15.87% |
ETF Category: Morningstar Foreign Large Blend3 | 15.63% |
Performance Details | pages 9-11 |
Schwab International Small-Cap Equity ETF (Ticker Symbol: SCHC) | |
Market Price Return1 | 10.67% |
NAV Return1 | 9.87% |
FTSE Developed Small Cap ex US Liquid Index (Net)2 | 9.69% |
ETF Category: Morningstar Foreign Small/Mid Blend3 | 11.92% |
Performance Details | pages 12-14 |
Schwab Emerging Markets Equity ETF (Ticker Symbol: SCHE) | |
Market Price Return1 | 1.28% |
NAV Return1 | 0.61% |
FTSE Emerging Index (Net)2 | 0.86% |
ETF Category: Morningstar Diversified Emerging Markets3 | 4.91% |
Performance Details | pages 15-17 |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g79190img5f5ffe512.jpg)
![]() | Christopher Bliss, CFA, Managing Director and Head of Passive Equity Strategies for Schwab Asset Management, is responsible for overseeing the investment process and portfolio management of investment strategies for passive equity Schwab Funds and Schwab ETFs, and Schwab Personalized Indexing™ separately managed accounts. Before joining Schwab in 2016, Mr. Bliss spent 12 years at BlackRock (formerly Barclays Global Investors) managing and leading institutional index teams, most recently as a managing director and the head of the Americas institutional index team. In this role, Mr. Bliss was responsible for overseeing a team of portfolio managers managing domestic, developed international and emerging markets index strategies. Prior to BlackRock, he worked as an equity analyst and portfolio manager for Harris Bretall and before that, as a research analyst for JP Morgan. |
![]() | David Rios, Portfolio Manager for Schwab Asset Management, is responsible for the day-to-day co-management of the funds. Prior to this role, Mr. Rios was an associate portfolio manager on the equity index strategies team for four years. His first role with Schwab Asset Management was as a trade operations specialist. Prior to joining Schwab in 2008, Mr. Rios was a senior fund accountant at Investors Bank & Trust (subsequently acquired by State Street Corporation). |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g79190lg_2mex.jpg)
Fund and Inception Date | 1 Year | Since Inception* |
Fund: Schwab International Dividend Equity ETF (4/29/21) | ||
Market Price Return2 | 13.83% | 0.47% |
NAV Return2 | 13.31% | 0.53% |
Dow Jones International Dividend 100 Index (Net)3 | 13.33% | 0.56% |
ETF Category: Morningstar Foreign Large Value4 | 18.50% | N/A |
Fund Expense Ratio5: 0.14% |
Number of Holdings | 103 |
Weighted Average Market Cap (millions) | $60,932 |
Price/Earnings Ratio (P/E) | 11.7 |
Price/Book Ratio (P/B) | 2.2 |
Portfolio Turnover Rate | 40% 2 |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g79190img7dca055c5.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g79190img728df7416.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g79190imgdb6601247.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g79190lg_2me7.jpg)
Fund and Inception Date | 1 Year | 5 Years | 10 Years |
Fund: Schwab International Equity ETF (11/3/09) | |||
Market Price Return2 | 16.75% | 4.31% | 5.06% |
NAV Return2 | 16.12% 3 | 4.32% | 5.07% |
FTSE Developed ex US Index (Net)4 | 15.87% | 4.17% | 4.96% |
ETF Category: Morningstar Foreign Large Blend5 | 15.63% | 3.62% | 4.67% |
Fund Expense Ratio6: 0.06% |
Number of Holdings | 1,546 |
Weighted Average Market Cap (millions) | $79,415 |
Price/Earnings Ratio (P/E) | 12.8 |
Price/Book Ratio (P/B) | 1.6 |
Portfolio Turnover Rate | 6% 2 |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g79190imgc94ecf2c8.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g79190img29f4d0219.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g79190imgf1e09d8010.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g79190lg_2me8.jpg)
Fund and Inception Date | 1 Year | 5 Years | 10 Years |
Fund: Schwab International Small-Cap Equity ETF (1/14/10) | |||
Market Price Return2 | 10.67% | 1.50% | 4.27% |
NAV Return2 | 9.87% | 1.49% | 4.35% |
FTSE Developed Small Cap ex US Liquid Index (Net)3 | 9.69% | 1.35% | 4.28% |
ETF Category: Morningstar Foreign Small/Mid Blend4 | 11.92% | 2.09% | 5.21% |
Fund Expense Ratio5: 0.11% |
Number of Holdings | 2,162 |
Weighted Average Market Cap (millions) | $3,216 |
Price/Earnings Ratio (P/E) | 13.4 |
Price/Book Ratio (P/B) | 1.3 |
Portfolio Turnover Rate | 15% 2 |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g79190imgc5e830a411.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g79190img9e21113e12.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g79190img4ab55dab13.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g79190lg_2me9.jpg)
Fund and Inception Date | 1 Year | 5 Years | 10 Years |
Fund: Schwab Emerging Markets Equity ETF (1/14/10) | |||
Market Price Return2 | 1.28% | 1.82% | 3.54% |
NAV Return2 | 0.61% | 1.87% | 3.45% |
FTSE Emerging Index (Net)3 | 0.86% | 2.04% | 3.60% |
ETF Category: Morningstar Diversified Emerging Markets4 | 4.91% | 1.75% | 3.01% |
Fund Expense Ratio5: 0.11% |
Number of Holdings | 1821 |
Weighted Average Market Cap (millions) | $94,428 |
Price/Earnings Ratio (P/E) | 12.4 |
Price/Book Ratio (P/B) | 1.7 |
Portfolio Turnover Rate | 13% 2 |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g79190img5bc0080b14.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g79190imgf74a443515.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g79190imgc0758d6d16.jpg)
EXPENSE RATIO (ANNUALIZED) 1 | BEGINNING ACCOUNT VALUE AT 3/1/23 | ENDING ACCOUNT VALUE (NET OF EXPENSES) AT 8/31/23 | EXPENSES PAID DURING PERIOD 3/1/23-8/31/23 2 | |
Schwab International Dividend Equity ETF | ||||
Actual Return | 0.14% | $1,000.00 | $1,043.40 | $0.72 |
Hypothetical 5% Return | 0.14% | $1,000.00 | $1,024.50 | $0.71 |
Schwab International Equity ETF | ||||
Actual Return | 0.06% | $1,000.00 | $1,049.10 | $0.31 |
Hypothetical 5% Return | 0.06% | $1,000.00 | $1,024.90 | $0.31 |
Schwab International Small-Cap Equity ETF | ||||
Actual Return | 0.11% | $1,000.00 | $1,022.00 | $0.56 |
Hypothetical 5% Return | 0.11% | $1,000.00 | $1,024.65 | $0.56 |
Schwab Emerging Markets Equity ETF | ||||
Actual Return | 0.11% | $1,000.00 | $1,032.00 | $0.56 |
Hypothetical 5% Return | 0.11% | $1,000.00 | $1,024.65 | $0.56 |
1 | Based on the most recent six-month expense ratio. |
2 | Expenses for each fund are equal to its annualized expense ratio, multiplied by the average account value over the period, multiplied by 184 days in the period, and divided by 365 days in the fiscal year. |
9/1/22– 8/31/23 | 9/1/21– 8/31/22 | 4/29/211– 8/31/21 | ||||
Per-Share Data | ||||||
Net asset value at beginning of period | $21.72 | $26.07 | $25.00 | |||
Income (loss) from investment operations: | ||||||
Net investment income (loss)2 | 1.08 | 1.37 | 0.41 | |||
Net realized and unrealized gains (losses) | 1.78 | (5.09 ) | 0.71 | |||
Total from investment operations | 2.86 | (3.72 ) | 1.12 | |||
Less distributions: | ||||||
Distributions from net investment income | (0.88 ) | (0.63 ) | (0.05 ) | |||
Net asset value at end of period | $23.70 | $21.72 | $26.07 | |||
Total return | 13.31 % | (14.47 %) | 4.48 %3 | |||
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.14 %4 | 0.14 %4 | 0.14 %5 | |||
Net investment income (loss) | 4.67 % | 5.72 % | 4.76 %5 | |||
Portfolio turnover rate6 | 40 % | 45 % | 3 %3 | |||
Net assets, end of period (x 1,000,000) | $754 | $439 | $102 |
1 | Commencement of operations. |
2 | Calculated based on the average shares outstanding during the period. |
3 | Not annualized. |
4 | Ratio includes less than 0.005% of non-routine proxy expenses. |
5 | Annualized. |
6 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.1% OF NET ASSETS | ||
Australia 13.5% | ||
Ampol Ltd. | 200,676 | 4,587,863 |
Aurizon Holdings Ltd. | 1,551,121 | 3,666,730 |
BHP Group Ltd. | 1,030,392 | 29,929,899 |
Harvey Norman Holdings Ltd. | 548,112 | 1,434,138 |
Rio Tinto Ltd. | 402,596 | 29,437,690 |
Wesfarmers Ltd. | 935,528 | 32,639,545 |
101,695,865 | ||
Belgium 0.1% | ||
Proximus SADP | 103,528 | 784,077 |
Canada 9.3% | ||
BCE, Inc. | 195,863 | 8,286,484 |
Great-West Lifeco, Inc. | 80,826 | 2,319,726 |
Quebecor, Inc., Class B | 100,338 | 2,290,876 |
Sun Life Financial, Inc. | 176,034 | 8,575,632 |
The Bank of Nova Scotia | 358,218 | 16,976,930 |
The Toronto-Dominion Bank | 513,991 | 31,311,681 |
69,761,329 | ||
China 3.8% | ||
Anhui Conch Cement Co., Ltd., H Shares | 561,460 | 1,560,854 |
China Construction Bank Corp., H Shares | 28,763,725 | 15,405,700 |
China Life Insurance Co., Ltd., H Shares | 2,169,173 | 3,291,760 |
China Shenhua Energy Co., Ltd., H Shares | 1,025,145 | 2,987,160 |
PICC Property & Casualty Co., Ltd., H Shares | 2,015,714 | 2,318,582 |
The People's Insurance Co. Group of China Ltd., H Shares | 2,399,316 | 816,932 |
Tingyi Cayman Islands Holding Corp. | 647,667 | 951,461 |
Want Want China Holdings Ltd. | 1,713,937 | 1,134,356 |
28,466,805 | ||
Finland 3.0% | ||
Elisa Oyj | 98,577 | 4,843,461 |
Kesko Oyj, B Shares | 120,486 | 2,356,465 |
Kone Oyj, B Shares | 340,796 | 15,535,080 |
22,735,006 | ||
Germany 7.2% | ||
DHL Group | 664,873 | 31,090,986 |
E.ON SE | 1,898,688 | 23,451,227 |
54,542,213 | ||
India 2.1% | ||
Colgate-Palmolive (India) Ltd. | 45,787 | 1,074,099 |
HCL Technologies Ltd. | 320,522 | 4,538,192 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Indian Oil Corp., Ltd. | 1,160,175 | 1,248,656 |
ITC Ltd. | 1,004,225 | 5,333,709 |
Petronet LNG Ltd. | 233,935 | 608,388 |
Power Grid Corp. of India Ltd. | 1,036,752 | 3,062,558 |
15,865,602 | ||
Israel 0.1% | ||
The First International Bank of Israel Ltd. | 15,844 | 641,969 |
Italy 5.1% | ||
Assicurazioni Generali S.p.A. | 360,398 | 7,482,850 |
Enel S.p.A. | 4,650,464 | 31,344,229 |
38,827,079 | ||
Japan 12.3% | ||
Daito Trust Construction Co., Ltd. | 58,217 | 6,424,124 |
Japan Tobacco, Inc. | 485,055 | 10,631,662 |
KDDI Corp. | 947,549 | 28,149,531 |
K's Holdings Corp. | 137,088 | 1,263,675 |
Nintendo Co., Ltd. | 691,040 | 29,747,211 |
Niterra Co., Ltd. | 144,751 | 3,365,608 |
Sompo Holdings, Inc. | 104,663 | 4,562,943 |
Tosoh Corp. | 638,903 | 8,276,753 |
92,421,507 | ||
Malaysia 0.4% | ||
Kuala Lumpur Kepong Berhad | 195,994 | 909,852 |
Petronas Chemicals Group Berhad | 1,364,127 | 2,093,229 |
3,003,081 | ||
Mexico 0.5% | ||
Arca Continental S.A.B. de C.V. | 159,603 | 1,574,055 |
Coca-Cola Femsa S.A.B. de C.V. | 178,008 | 1,527,875 |
Kimberly-Clark de Mexico S.A.B. de C.V., A Shares | 477,178 | 1,087,501 |
4,189,431 | ||
Netherlands 1.9% | ||
Koninklijke Ahold Delhaize N.V. | 430,742 | 14,106,985 |
New Zealand 0.5% | ||
Spark New Zealand Ltd. | 1,212,890 | 3,665,243 |
Norway 2.3% | ||
Gjensidige Forsikring A.S.A. | 57,075 | 888,012 |
Telenor A.S.A. | 418,480 | 4,480,981 |
Yara International A.S.A. | 320,229 | 11,707,747 |
17,076,740 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Qatar 0.3% | ||
Industries Qatar QSC | 607,141 | 2,061,611 |
Republic of Korea 0.7% | ||
GS Holdings Corp. | 78,495 | 2,229,989 |
KT&G Corp. | 48,374 | 3,180,405 |
5,410,394 | ||
Russia 0.0% | ||
Severstal PAO *(a)(b) | 708 | 0 |
Saudi Arabia 1.4% | ||
Jarir Marketing Co. | 182,700 | 718,983 |
SABIC Agri-Nutrients Co. | 110,114 | 4,039,749 |
Saudi Telecom Co. | 548,428 | 5,819,640 |
10,578,372 | ||
Singapore 0.7% | ||
Singapore Exchange Ltd. | 249,180 | 1,776,826 |
Singapore Technologies Engineering Ltd. | 1,318,510 | 3,719,750 |
5,496,576 | ||
South Africa 0.2% | ||
Vodacom Group Ltd. | 253,183 | 1,442,214 |
Spain 0.8% | ||
Redeia Corp. S.A. | 364,189 | 5,931,063 |
Sweden 0.3% | ||
Tele2 AB, B Shares | 357,966 | 2,528,342 |
Switzerland 9.8% | ||
EMS-Chemie Holding AG | 13,327 | 10,026,370 |
Kuehne & Nagel International AG | 47,983 | 14,445,151 |
Roche Holding AG | 94,433 | 27,830,071 |
SGS S.A. | 128,301 | 11,676,008 |
Swisscom AG | 16,556 | 10,084,493 |
74,062,093 | ||
Taiwan 5.7% | ||
Advantech Co., Ltd. | 149,301 | 1,612,722 |
Asia Cement Corp. | 1,207,740 | 1,513,159 |
Asustek Computer, Inc. | 213,053 | 2,692,724 |
Chicony Electronics Co., Ltd. | 206,752 | 671,937 |
Chunghwa Telecom Co., Ltd. | 1,147,407 | 4,179,398 |
CTCI Corp. | 180,823 | 223,995 |
Formosa Plastics Corp. | 2,045,116 | 5,105,325 |
Fubon Financial Holding Co., Ltd. | 2,306,831 | 4,606,925 |
King Slide Works Co., Ltd. | 15,285 | 439,162 |
King Yuan Electronics Co., Ltd. | 346,248 | 835,001 |
Lite-On Technology Corp., ADR | 674,668 | 2,902,345 |
Nan Ya Plastics Corp. | 2,662,161 | 5,525,532 |
Quanta Computer, Inc. | 843,196 | 6,711,889 |
Radiant Opto-Electronics Corp. | 143,405 | 538,109 |
Simplo Technology Co., Ltd. | 49,436 | 477,339 |
Synnex Technology International Corp. | 389,859 | 747,975 |
Tripod Technology Corp. | 140,964 | 836,582 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Wistron Corp. | 878,816 | 3,228,658 |
42,848,777 | ||
Thailand 0.2% | ||
Bangkok Chain Hospital PCL, NVDR | 496,645 | 273,727 |
Intouch Holdings PCL NVDR | 353,239 | 733,866 |
Supalai PCL NVDR | 234,692 | 145,436 |
Tisco Financial Group PCL NVDR | 114,196 | 335,895 |
1,488,924 | ||
United Arab Emirates 0.2% | ||
Abu Dhabi Islamic Bank PJSC | 424,750 | 1,204,964 |
United Kingdom 16.7% | ||
Admiral Group plc | 82,594 | 2,606,007 |
British American Tobacco plc | 928,871 | 30,867,303 |
GSK plc | 1,746,073 | 30,727,688 |
Imperial Brands plc | 423,642 | 9,606,352 |
Schroders plc | 275,650 | 1,438,375 |
SSE plc | 886,605 | 18,273,091 |
St. James's Place plc | 164,046 | 1,839,241 |
Unilever plc | 597,002 | 30,577,352 |
125,935,409 | ||
Total Common Stocks (Cost $743,032,293) | 746,771,671 | |
PREFERRED STOCKS 0.0% OF NET ASSETS | ||
Russia 0.0% | ||
Sberbank of Russia PJSC *(a)(b) | 69,290 | 0 |
Total Preferred Stocks (Cost $260,897) | 0 |
SHORT-TERM INVESTMENTS 0.2% OF NET ASSETS | ||
Money Market Funds 0.2% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (c) | 1,959,266 | 1,959,266 |
Total Short-Term Investments (Cost $1,959,266) | 1,959,266 | |
Total Investments in Securities (Cost $745,252,456) | 748,730,937 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED DEPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
MSCI EAFE Index, expires 09/15/23 | 45 | 4,745,925 | (116,403 ) |
MSCI Emerging Markets Index, expires 09/15/23 | 43 | 2,105,495 | (34,249 ) |
(150,652 ) |
* | Non-income producing security. |
(a) | Fair valued using significant unobservable inputs (see financial note 2(a), Securities for which no quoted value is available, for additional information). |
(b) | Trading in Russian securities listed on the Moscow Exchange, Russian ADRs, and Russian GDRs are subject to trade restrictions; and therefore, the ability of the fund to buy these securities is currently not permitted, and the ability of the fund to sell these securities is uncertain. |
(c) | The rate shown is the annualized 7-day yield. |
ADR — | American Depositary Receipt |
GDR — | Global Depositary Receipt |
NVDR — | Non-Voting Depositary Receipt |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Common Stocks1 | $746,771,671 | $— | $— | $746,771,671 |
Russia | — | — | 0 * | 0 |
Preferred Stocks1 | ||||
Russia | — | — | 0 * | 0 |
Short-Term Investments1 | 1,959,266 | — | — | 1,959,266 |
Liabilities | ||||
Futures Contracts2 | (150,652 ) | — | — | (150,652 ) |
Total | $748,580,285 | $— | $— | $748,580,285 |
* | Level 3 amount shown includes securities determined to have no value at August 31, 2023. |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - unaffiliated (cost $745,252,456) | $748,730,937 | |
Foreign currency, at value (cost $1,051,366) | 1,041,299 | |
Deposit with broker for futures contracts | 392,170 | |
Receivables: | ||
Dividends | 3,200,034 | |
Foreign tax reclaims | + | 792,938 |
Total assets | 754,157,378 | |
Liabilities | ||
Payables: | ||
Foreign capital gains tax | 334,566 | |
Management fees | 89,213 | |
Variation margin on futures contracts | + | 51,820 |
Total liabilities | 475,599 | |
Net assets | $753,681,779 | |
Net Assets by Source | ||
Capital received from investors | $775,315,581 | |
Total distributable loss | + | (21,633,802 ) |
Net assets | $753,681,779 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$753,681,779 | 31,800,000 | $23.70 | ||
For the period September 1, 2022 through August 31, 2023 | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $3,321,237) | $29,951,182 | |
Securities on loan, net | + | 129,787 |
Total investment income | 30,080,969 | |
Expenses | ||
Management fees | 876,334 | |
Proxy fees1 | + | 3,045 |
Total expenses | – | 879,379 |
Net investment income | 29,201,590 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated (net of foreign capital gains tax paid of $43,644) | (30,800,719 ) | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 7,290,412 | |
Net realized gains on futures contracts | 268,100 | |
Net realized losses on foreign currency transactions | + | (318,309 ) |
Net realized losses | (23,560,516 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated (net of change in foreign capital gains tax of ($316,914)) | 65,032,106 | |
Net change in unrealized appreciation (depreciation) on futures contracts | (5,983 ) | |
Net change in unrealized appreciation (depreciation) on foreign currency translations | + | 75,797 |
Net change in unrealized appreciation (depreciation) | + | 65,101,920 |
Net realized and unrealized gains | 41,541,404 | |
Increase in net assets resulting from operations | $70,742,994 |
1 | Proxy fees are non-routine expenses (see financial note 2(e) for additional information). |
OPERATIONS | |||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||
Net investment income | $29,201,590 | $15,354,078 | |
Net realized losses | (23,560,516 ) | (10,069,847 ) | |
Net change in unrealized appreciation (depreciation) | + | 65,101,920 | (62,483,819 ) |
Increase (decrease) in net assets resulting from operations | $70,742,994 | ($57,199,588 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($22,397,950 ) | ($6,562,600 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 13,800,000 | $316,042,310 | 16,500,000 | $405,762,453 | |
Shares redeemed | + | (2,200,000 ) | (49,526,960 ) | (200,000 ) | (4,842,514 ) |
Net transactions in fund shares | 11,600,000 | $266,515,350 | 16,300,000 | $400,919,939 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 20,200,000 | $438,821,385 | 3,900,000 | $101,663,634 | |
Total increase | + | 11,600,000 | 314,860,394 | 16,300,000 | 337,157,751 |
End of period | 31,800,000 | $753,681,779 | 20,200,000 | $438,821,385 |
9/1/22– 8/31/23 | 9/1/21– 8/31/22 | 9/1/20– 8/31/21 | 9/1/19– 8/31/20 | 9/1/18– 8/31/19 | ||
Per-Share Data | ||||||
Net asset value at beginning of period | $31.32 | $40.05 | $32.11 | $30.82 | $33.25 | |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 1.06 | 1.16 | 0.95 | 0.77 | 1.00 | |
Net realized and unrealized gains (losses) | 3.92 | (8.71 ) | 7.84 | 1.49 | (2.30 ) | |
Total from investment operations | 4.98 | (7.55 ) | 8.79 | 2.26 | (1.30 ) | |
Less distributions: | ||||||
Distributions from net investment income | (1.02 ) | (1.18 ) | (0.85 ) | (0.97 ) | (1.13 ) | |
Net asset value at end of period | $35.28 | $31.32 | $40.05 | $32.11 | $30.82 | |
Total return | 16.09 % | (19.27 %) | 27.62 % | 7.37 % | (3.79 %) | |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.06 %2 | 0.06 %2 | 0.06 % | 0.06 % | 0.06 % | |
Net investment income (loss) | 3.15 % | 3.20 % | 2.59 % | 2.50 % | 3.22 % | |
Portfolio turnover rate3 | 6 % | 6 % | 6 % | 6 % | 8 % | |
Net assets, end of period (x 1,000,000) | $31,752 | $26,120 | $28,338 | $19,844 | $18,139 |
1 | Calculated based on the average shares outstanding during the period. |
2 | Ratio includes less than 0.005% of non-routine proxy expenses. |
3 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.0% OF NET ASSETS | ||
Australia 6.7% | ||
Adbri Ltd. | 804,334 | 1,151,248 |
AGL Energy Ltd. | 1,027,479 | 7,379,804 |
Allkem Ltd. * | 992,522 | 9,025,008 |
ALS Ltd. | 813,609 | 6,223,088 |
Altium Ltd. | 200,910 | 6,299,078 |
Alumina Ltd. * | 4,305,372 | 3,011,444 |
Amcor plc | 2,502,900 | 24,477,146 |
AMP Ltd. | 5,203,827 | 4,263,377 |
Ampol Ltd. | 396,953 | 9,075,156 |
Ansell Ltd. | 203,944 | 3,113,227 |
ANZ Group Holdings Ltd. | 5,069,799 | 83,169,915 |
APA Group | 1,992,135 | 11,598,953 |
Aristocrat Leisure Ltd. | 1,096,065 | 29,033,537 |
ASX Ltd. | 326,917 | 12,193,403 |
Atlas Arteria Ltd. | 2,407,382 | 9,479,576 |
Aurizon Holdings Ltd. | 2,946,330 | 6,964,895 |
Bank of Queensland Ltd. | 1,104,892 | 4,121,759 |
Beach Energy Ltd. | 3,061,679 | 3,083,404 |
Bendigo & Adelaide Bank Ltd. | 912,959 | 5,623,052 |
BHP Group Ltd. | 8,464,066 | 245,856,569 |
BlueScope Steel Ltd. | 769,633 | 10,472,493 |
Boral Ltd. * | 505,225 | 1,544,426 |
Brambles Ltd. | 2,353,808 | 22,820,921 |
carsales.com Ltd. | 600,539 | 11,178,108 |
Challenger Ltd. | 1,111,821 | 4,903,682 |
Charter Hall Group | 790,422 | 5,549,178 |
Cleanaway Waste Management Ltd. | 3,786,312 | 6,424,776 |
Cochlear Ltd. | 108,935 | 19,154,093 |
Coles Group Ltd. | 2,171,954 | 22,886,454 |
Commonwealth Bank of Australia | 2,838,114 | 187,817,503 |
Computershare Ltd. | 892,454 | 14,553,984 |
CSL Ltd. | 810,825 | 143,639,017 |
CSR Ltd. | 782,408 | 2,989,686 |
Deterra Royalties Ltd. | 717,565 | 2,068,053 |
Dexus | 1,886,746 | 9,470,120 |
Domain Holdings Australia Ltd. | 469,641 | 1,171,027 |
Domino's Pizza Enterprises Ltd. | 128,177 | 4,486,897 |
Downer EDI Ltd. | 1,102,457 | 3,055,947 |
Endeavour Group Ltd. | 2,401,660 | 8,554,892 |
Evolution Mining Ltd. | 2,887,200 | 6,937,310 |
Flight Centre Travel Group Ltd. *(a) | 251,629 | 3,441,874 |
Fortescue Metals Group Ltd. | 2,660,744 | 36,928,834 |
Goodman Group | 3,120,080 | 47,204,010 |
Harvey Norman Holdings Ltd. (a) | 981,110 | 2,567,080 |
IDP Education Ltd. | 474,831 | 7,574,323 |
IGO Ltd. | 1,036,907 | 9,348,014 |
Iluka Resources Ltd. | 696,319 | 3,846,782 |
Incitec Pivot Ltd. | 3,227,841 | 6,125,197 |
Insignia Financial Ltd. | 1,026,677 | 1,728,811 |
Insurance Australia Group Ltd. | 4,136,226 | 15,590,770 |
James Hardie Industries plc * | 749,154 | 22,575,869 |
JB Hi-Fi Ltd. | 176,601 | 5,223,535 |
Lendlease Corp., Ltd. | 1,162,337 | 5,879,270 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Lynas Rare Earths Ltd. * | 1,557,969 | 7,254,843 |
Macquarie Group Ltd. | 608,249 | 69,934,824 |
Magellan Financial Group Ltd. | 218,735 | 1,267,890 |
Medibank Pvt Ltd. | 4,589,036 | 10,877,845 |
Metcash Ltd. | 1,596,781 | 3,857,399 |
Mineral Resources Ltd. | 283,488 | 13,132,978 |
Mirvac Group | 6,770,955 | 10,612,205 |
National Australia Bank Ltd. | 5,295,931 | 99,330,176 |
New Hope Corp., Ltd. | 898,093 | 3,274,689 |
Newcrest Mining Ltd. | 1,508,303 | 25,427,466 |
NEXTDC Ltd. * | 876,728 | 7,688,186 |
Northern Star Resources Ltd. | 1,897,413 | 14,635,716 |
Nufarm Ltd. | 655,351 | 2,202,833 |
Orica Ltd. | 775,263 | 7,887,976 |
Origin Energy Ltd. | 2,904,093 | 16,382,079 |
Orora Ltd. (b) | 1,422,856 | 3,243,724 |
Perpetual Ltd. | 195,145 | 2,662,946 |
Pilbara Minerals Ltd. | 4,878,738 | 14,755,866 |
Platinum Asset Management Ltd. | 946,668 | 876,747 |
Pro Medicus Ltd. | 69,576 | 3,303,865 |
Qantas Airways Ltd. * | 1,448,215 | 5,543,204 |
QBE Insurance Group Ltd. | 2,516,367 | 24,413,279 |
Qube Holdings Ltd. | 2,800,301 | 5,567,797 |
Ramsay Health Care Ltd. | 291,726 | 9,720,774 |
REA Group Ltd. | 83,047 | 8,878,891 |
Reece Ltd. | 373,691 | 4,937,227 |
Region RE Ltd. | 2,129,685 | 2,979,267 |
Rio Tinto Ltd. | 624,317 | 45,649,858 |
Santos Ltd. | 4,986,724 | 24,771,427 |
Scentre Group | 8,801,201 | 15,675,268 |
SEEK Ltd. | 580,428 | 8,687,376 |
Seven Group Holdings Ltd. | 226,951 | 4,109,695 |
Sims Ltd. | 270,750 | 2,689,888 |
Sonic Healthcare Ltd. | 747,064 | 15,560,164 |
South32 Ltd. | 7,619,773 | 16,778,815 |
Steadfast Group Ltd. | 1,706,513 | 6,233,458 |
Stockland | 4,084,449 | 11,216,043 |
Suncorp Group Ltd. | 2,121,094 | 18,723,891 |
Tabcorp Holdings Ltd. | 3,755,125 | 2,663,047 |
Telstra Group Ltd. | 6,755,200 | 17,543,769 |
The GPT Group | 3,136,099 | 8,530,596 |
The Lottery Corp., Ltd. | 3,715,285 | 12,127,269 |
The Star Entertainment Grp Ltd. * | 2,334,541 | 1,511,965 |
TPG Telecom Ltd. | 605,624 | 2,208,268 |
Transurban Group | 5,155,054 | 44,270,770 |
Treasury Wine Estates Ltd. | 1,228,313 | 9,283,681 |
Vicinity Ltd. | 6,350,784 | 7,691,469 |
Washington H Soul Pattinson & Co., Ltd. | 454,483 | 9,716,358 |
Wesfarmers Ltd. | 1,915,314 | 66,823,203 |
Westpac Banking Corp. | 5,847,431 | 83,126,589 |
Whitehaven Coal Ltd. | 1,257,836 | 4,961,142 |
WiseTech Global Ltd. | 273,233 | 12,298,674 |
Woodside Energy Group Ltd. | 3,194,174 | 76,583,518 |
Woolworths Group Ltd. | 2,040,539 | 50,390,890 |
Worley Ltd. | 633,362 | 7,166,139 |
Xero Ltd. * | 211,877 | 17,166,488 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Yancoal Australia Ltd. (a) | 272,236 | 932,699 |
2,128,599,684 | ||
Austria 0.2% | ||
ANDRITZ AG | 117,578 | 6,263,258 |
Erste Group Bank AG | 564,098 | 20,185,672 |
OMV AG | 241,764 | 11,222,784 |
Raiffeisen Bank International AG * | 252,786 | 3,635,286 |
Telekom Austria AG * | 288,091 | 2,163,742 |
Verbund AG | 110,087 | 9,032,907 |
Voestalpine AG | 196,308 | 5,748,435 |
58,252,084 | ||
Belgium 0.8% | ||
Ackermans & van Haaren N.V. | 37,035 | 5,836,449 |
Ageas S.A./N.V. | 272,097 | 10,832,352 |
Anheuser-Busch InBev S.A./N.V. | 1,449,437 | 82,590,168 |
Argenx SE * | 96,887 | 48,876,639 |
D'ieteren Group | 37,953 | 6,211,796 |
Elia Group S.A./N.V. | 64,672 | 7,475,420 |
Groupe Bruxelles Lambert N.V. | 163,661 | 13,208,524 |
KBC Group N.V. | 409,974 | 26,947,091 |
Lotus Bakeries N.V. | 665 | 5,247,177 |
Proximus SADP | 243,626 | 1,845,119 |
Sofina S.A. | 26,259 | 5,916,641 |
Solvay S.A. | 117,543 | 13,637,796 |
UCB S.A. | 203,701 | 18,305,989 |
Umicore S.A. | 346,355 | 9,198,672 |
Warehouses De Pauw CVA | 268,271 | 7,686,831 |
263,816,664 | ||
Canada 8.3% | ||
Agnico Eagle Mines Ltd. | 774,544 | 37,560,761 |
Alimentation Couche-Tard, Inc. | 1,259,266 | 65,767,202 |
Bank of Montreal | 1,191,693 | 102,499,955 |
Barrick Gold Corp. | 2,941,078 | 47,606,791 |
BCE, Inc. | 504,142 | 21,329,013 |
Brookfield Asset Management Ltd., Class A | 457,726 | 15,796,021 |
Brookfield Corp. | 2,517,016 | 85,801,233 |
Canadian Imperial Bank of Commerce | 1,502,317 | 59,450,868 |
Canadian National Railway Co. | 1,001,706 | 112,686,835 |
Canadian Natural Resources Ltd. | 1,821,184 | 117,674,641 |
Canadian Pacific Kansas City Ltd. | 1,565,688 | 124,125,574 |
Canadian Tire Corp., Ltd., Class A | 86,693 | 10,271,546 |
Cenovus Energy, Inc. | 2,325,632 | 46,308,087 |
CGI, Inc. * | 354,300 | 36,897,794 |
Constellation Software, Inc. | 31,758 | 65,148,792 |
Dollarama, Inc. | 452,783 | 29,319,870 |
Enbridge, Inc. | 3,414,258 | 119,717,949 |
Fairfax Financial Holdings Ltd. | 38,438 | 31,656,979 |
Fortis, Inc. | 827,536 | 32,411,495 |
Franco-Nevada Corp. | 319,130 | 45,915,848 |
George Weston Ltd. | 114,681 | 12,701,835 |
Great-West Lifeco, Inc. | 450,692 | 12,934,972 |
Hydro One Ltd. | 522,878 | 13,572,915 |
IGM Financial, Inc. | 137,127 | 3,904,159 |
Imperial Oil Ltd. | 298,278 | 16,916,273 |
Intact Financial Corp. | 298,890 | 42,084,737 |
Loblaw Cos., Ltd. | 258,822 | 22,445,460 |
Magna International, Inc. | 442,666 | 26,004,726 |
Manulife Financial Corp. | 3,122,727 | 57,656,026 |
Metro, Inc. | 395,451 | 20,354,934 |
National Bank of Canada | 562,357 | 39,141,993 |
Nutrien Ltd. | 838,236 | 53,028,286 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Pembina Pipeline Corp. | 916,177 | 28,441,135 |
Power Corp. of Canada | 906,162 | 24,714,422 |
Restaurant Brands International, Inc. | 516,194 | 35,806,798 |
Royal Bank of Canada | 2,334,294 | 210,042,464 |
Saputo, Inc. | 408,671 | 8,823,149 |
Shopify, Inc., Class A * | 1,911,831 | 127,022,055 |
Sun Life Financial, Inc. | 985,842 | 48,026,051 |
Suncor Energy, Inc. | 2,216,400 | 74,980,323 |
TC Energy Corp. | 1,726,789 | 62,284,122 |
Teck Resources Ltd., Class B | 760,193 | 31,397,749 |
TELUS Corp. | 799,296 | 14,019,213 |
The Bank of Nova Scotia | 2,004,284 | 94,988,499 |
The Toronto-Dominion Bank | 3,061,326 | 186,492,102 |
Thomson Reuters Corp. | 262,116 | 33,708,240 |
Tourmaline Oil Corp. | 482,259 | 24,698,419 |
Waste Connections, Inc. | 430,321 | 58,917,670 |
Wheaton Precious Metals Corp. | 760,753 | 33,141,492 |
2,626,197,473 | ||
China 0.0% | ||
Want Want China Holdings Ltd. | 7,436,366 | 4,921,700 |
Denmark 2.6% | ||
AP Moller - Maersk A/S, Class A | 4,345 | 7,795,368 |
AP Moller - Maersk A/S, Class B | 8,049 | 14,657,562 |
Carlsberg A/S, Class B | 155,089 | 22,494,505 |
Chr. Hansen Holding A/S | 171,550 | 11,226,901 |
Coloplast A/S, Class B | 187,462 | 21,435,304 |
Danske Bank A/S | 1,128,871 | 25,423,208 |
Demant A/S * | 163,699 | 6,715,355 |
DSV A/S | 297,764 | 56,695,684 |
Genmab A/S * | 110,990 | 42,670,123 |
H. Lundbeck A/S | 509,210 | 2,592,415 |
Novo Nordisk A/S, Class B | 2,632,287 | 488,358,534 |
Novozymes A/S, Class B | 331,448 | 14,407,740 |
Orsted A/S | 313,822 | 20,222,404 |
Pandora A/S | 140,207 | 14,574,121 |
Rockwool A/S, Class B | 14,528 | 3,720,354 |
Royal Unibrew A/S | 81,744 | 7,180,478 |
Tryg A/S | 573,322 | 10,958,069 |
Vestas Wind Systems A/S * | 1,684,710 | 39,003,516 |
810,131,641 | ||
Finland 1.0% | ||
Elisa Oyj | 238,706 | 11,728,529 |
Fortum Oyj | 735,147 | 9,893,856 |
Huhtamaki Oyj | 154,914 | 5,331,588 |
Kesko Oyj, B Shares | 444,847 | 8,700,319 |
Kojamo Oyj | 345,270 | 3,447,596 |
Kone Oyj, B Shares | 546,669 | 24,919,736 |
Metso Oyj | 1,073,179 | 12,375,730 |
Neste Oyj | 711,453 | 26,084,083 |
Nokia Oyj | 8,818,405 | 35,288,474 |
Nordea Bank Abp | 5,783,663 | 63,513,692 |
Orion Oyj, B Shares | 175,008 | 7,178,017 |
Sampo Oyj, A Shares | 799,400 | 35,164,986 |
Stora Enso Oyj, R Shares | 984,435 | 12,559,703 |
UPM-Kymmene Oyj | 898,490 | 30,835,061 |
Valmet Oyj | 272,551 | 6,951,609 |
Wartsila Oyj Abp | 806,488 | 10,263,145 |
304,236,124 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
France 9.8% | ||
Accor S.A. | 311,876 | 11,200,784 |
Aeroports de Paris | 54,138 | 7,145,053 |
Air Liquide S.A. | 865,140 | 156,678,114 |
Airbus SE | 981,961 | 144,284,093 |
ALD S.A. | 237,382 | 2,302,036 |
Alstom S.A. | 530,726 | 14,694,355 |
Amundi S.A. | 94,245 | 5,630,998 |
Arkema S.A. | 93,958 | 9,855,085 |
AXA S.A. | 2,980,435 | 89,846,968 |
BioMerieux | 72,678 | 7,541,028 |
BNP Paribas S.A. | 1,847,331 | 119,718,562 |
Bollore SE | 1,669,167 | 9,900,558 |
Bouygues S.A. | 345,593 | 11,965,348 |
Bureau Veritas S.A. | 473,149 | 12,704,785 |
Capgemini SE | 272,975 | 51,062,711 |
Carrefour S.A. | 993,977 | 19,062,620 |
Cie de L'Odet SE | 596 | 931,491 |
Cie de Saint-Gobain S.A. | 780,412 | 50,956,720 |
Cie Generale des Etablissements Michelin S.C.A. | 1,172,209 | 36,780,942 |
Covivio S.A. | 81,436 | 3,982,698 |
Credit Agricole S.A. | 1,834,054 | 23,202,317 |
Danone S.A. | 1,056,127 | 61,703,561 |
Dassault Aviation S.A. | 39,497 | 7,784,839 |
Dassault Systemes SE | 1,136,043 | 45,140,275 |
Edenred | 443,405 | 28,316,720 |
Eiffage S.A. | 123,104 | 12,201,347 |
Engie S.A. | 2,782,815 | 44,972,677 |
EssilorLuxottica S.A. | 503,255 | 94,985,515 |
Eurazeo SE | 82,882 | 4,898,102 |
Eurofins Scientific SE | 203,986 | 12,584,157 |
Euronext N.V. | 135,938 | 9,833,559 |
Gecina S.A. | 85,264 | 9,147,703 |
Getlink SE | 597,443 | 10,021,557 |
Hermes International SCA | 57,564 | 118,756,418 |
ICADE | 54,603 | 2,064,735 |
Ipsen S.A. | 56,905 | 7,399,067 |
JCDecaux SE * | 127,651 | 2,374,678 |
Kering S.A. | 120,175 | 64,459,447 |
Klepierre S.A. | 350,002 | 9,268,940 |
La Francaise des Jeux SAEM | 170,196 | 6,169,721 |
Legrand S.A. | 446,043 | 44,102,662 |
L'Oreal S.A. | 389,090 | 171,368,824 |
LVMH Moet Hennessy Louis Vuitton SE | 415,584 | 352,814,426 |
Neoen S.A. | 111,549 | 3,358,473 |
Orange S.A. | 3,223,566 | 36,239,498 |
Pernod-Ricard S.A. | 343,271 | 67,509,519 |
Publicis Groupe S.A. | 386,152 | 30,201,064 |
Remy Cointreau S.A. * | 41,454 | 6,431,619 |
Renault S.A. | 325,059 | 13,171,889 |
Rexel S.A. | 397,014 | 9,350,509 |
Safran S.A. | 580,664 | 93,462,148 |
Sanofi | 1,830,944 | 196,018,846 |
Sartorius Stedim Biotech | 40,886 | 11,630,847 |
Schneider Electric SE | 897,821 | 154,528,246 |
SCOR SE | 257,546 | 8,033,620 |
SEB S.A. | 39,061 | 4,303,077 |
Societe Generale S.A. | 1,201,307 | 34,180,119 |
Sodexo S.A. | 147,849 | 15,889,529 |
SOITEC * | 40,622 | 7,448,849 |
STMicroelectronics N.V. | 1,092,300 | 51,766,059 |
Teleperformance SE | 96,579 | 13,401,492 |
Thales S.A. | 167,743 | 24,541,664 |
TotalEnergies SE | 3,805,753 | 239,862,374 |
UbiSoft Entertainment S.A. * | 159,072 | 4,827,259 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Unibail-Rodamco-Westfield * | 169,258 | 9,073,147 |
Valeo SE | 355,508 | 6,945,309 |
Veolia Environnement S.A. | 1,067,189 | 33,427,767 |
Vinci S.A. | 822,504 | 91,912,855 |
Vivendi SE | 1,177,269 | 10,745,866 |
Wendel SE | 46,857 | 4,294,809 |
Worldline S.A. * | 407,752 | 13,312,010 |
3,105,684,659 | ||
Germany 6.7% | ||
adidas AG | 279,543 | 55,953,382 |
Allianz SE | 667,025 | 162,419,395 |
BASF SE | 1,490,101 | 75,672,565 |
Bayer AG | 1,659,679 | 91,039,327 |
Bayerische Motoren Werke AG | 529,388 | 55,831,076 |
Bechtle AG | 133,296 | 6,501,595 |
Beiersdorf AG | 166,607 | 21,843,885 |
Brenntag SE | 256,609 | 20,815,875 |
Carl Zeiss Meditec AG, Bearer Shares | 63,112 | 6,282,691 |
Coloplast A/S * | 7,407 | 846,952 |
Commerzbank AG | 1,758,497 | 19,372,130 |
Continental AG | 183,396 | 13,658,729 |
Covestro AG * | 304,727 | 16,229,185 |
CTS Eventim AG & Co., KGaA | 100,488 | 6,271,216 |
Daimler Truck Holding AG | 813,166 | 28,674,683 |
Delivery Hero SE * | 317,762 | 11,631,176 |
Deutsche Bank AG | 3,376,115 | 36,833,197 |
Deutsche Boerse AG | 307,957 | 54,765,396 |
Deutsche Lufthansa AG * | 1,014,116 | 9,077,230 |
Deutsche Telekom AG | 5,704,992 | 122,240,718 |
Deutsche Wohnen SE | 82,721 | 1,899,771 |
DHL Group | 1,593,874 | 74,533,203 |
DWS Group GmbH & Co. KGaA | 56,808 | 1,960,678 |
E.ON SE | 3,726,319 | 46,024,809 |
Evonik Industries AG | 340,168 | 6,536,708 |
Fielmann Group AG | 40,115 | 1,886,101 |
Fraport AG Frankfurt Airport Services Worldwide * | 58,372 | 3,171,503 |
Fresenius Medical Care AG & Co. KGaA | 341,135 | 16,494,672 |
Fresenius SE & Co. KGaA | 688,347 | 22,121,549 |
FUCHS SE | 47,995 | 1,578,368 |
GEA Group AG | 269,660 | 10,653,385 |
Hannover Rueck SE | 99,834 | 21,264,631 |
Heidelberg Materials AG | 236,502 | 19,066,739 |
Hella GmbH & Co. KGaA | 36,200 | 2,585,260 |
HelloFresh SE * | 288,688 | 9,343,424 |
Henkel AG & Co. KGaA | 172,371 | 11,932,142 |
HOCHTIEF AG | 36,312 | 3,887,917 |
Infineon Technologies AG | 2,186,081 | 78,333,450 |
KION Group AG | 131,569 | 5,269,260 |
Knorr-Bremse AG | 108,225 | 7,411,851 |
LANXESS AG | 148,487 | 4,702,658 |
LEG Immobilien SE * | 124,896 | 9,028,019 |
Mercedes-Benz Group AG | 1,451,158 | 106,376,442 |
Merck KGaA | 216,403 | 38,988,908 |
METRO AG * | 219,487 | 1,750,918 |
MTU Aero Engines AG | 90,204 | 21,127,443 |
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 230,697 | 89,688,597 |
Nemetschek SE | 97,404 | 6,738,427 |
Puma SE | 171,334 | 11,529,353 |
QIAGEN N.V. * | 371,426 | 17,007,933 |
Rational AG | 8,002 | 6,109,875 |
Rheinmetall AG | 72,394 | 19,745,347 |
RTL Group S.A. * | 66,231 | 2,451,238 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
RWE AG | 1,192,548 | 49,262,263 |
SAP SE | 1,845,207 | 257,987,160 |
Sartorius AG | 4,698 | 1,532,241 |
Scout24 SE | 125,546 | 8,668,945 |
Siemens AG | 1,175,333 | 177,161,905 |
Siemens Energy AG * | 801,912 | 11,453,871 |
Siemens Healthineers AG | 462,689 | 23,225,796 |
Sixt SE | 27,006 | 2,887,129 |
SUSE S.A. * | 59,030 | 996,260 |
Symrise AG, Class A | 218,862 | 22,842,021 |
Talanx AG | 91,461 | 6,159,528 |
Telefonica Deutschland Holding AG | 1,531,713 | 2,915,927 |
ThyssenKrupp AG | 819,223 | 6,316,475 |
Traton SE | 78,410 | 1,616,092 |
United Internet AG | 119,753 | 2,307,037 |
Volkswagen AG | 53,175 | 7,612,407 |
Vonovia SE | 1,131,034 | 27,141,516 |
Wacker Chemie AG | 26,275 | 3,881,241 |
Zalando SE * | 370,493 | 11,552,749 |
2,122,681,545 | ||
Hong Kong 2.2% | ||
AAC Technologies Holdings, Inc. | 1,144,894 | 2,219,197 |
AIA Group Ltd. | 19,609,381 | 178,045,453 |
ASMPT Ltd. | 522,377 | 5,232,596 |
BOC Aviation Ltd. | 340,798 | 2,557,588 |
BOC Hong Kong Holdings Ltd. | 6,089,326 | 16,928,276 |
Brightoil Petroleum Holdings Ltd. *(b) | 2,936,732 | 0 |
Budweiser Brewing Co. APAC Ltd. | 2,769,076 | 6,003,034 |
Cafe de Coral Holdings Ltd. | 543,540 | 658,479 |
Cathay Pacific Airways Ltd. *(a) | 1,682,338 | 1,793,521 |
Champion REIT | 3,286,025 | 1,055,987 |
China Travel International Investment Hong Kong Ltd. * | 3,809,557 | 723,849 |
Chow Tai Fook Jewellery Group Ltd. | 2,994,759 | 4,544,602 |
CK Asset Holdings Ltd. | 3,239,618 | 17,888,285 |
CK Hutchison Holdings Ltd. | 4,450,563 | 24,262,641 |
CK Infrastructure Holdings Ltd. | 1,010,772 | 5,117,180 |
CLP Holdings Ltd. | 2,749,806 | 21,565,731 |
Dah Sing Banking Group Ltd. | 568,316 | 389,181 |
Dah Sing Financial Holdings Ltd. | 193,972 | 426,445 |
DFI Retail Group Holdings Ltd. | 551,262 | 1,361,617 |
ESR Group Ltd. | 4,797,021 | 7,206,160 |
First Pacific Co., Ltd. | 3,324,495 | 1,415,987 |
FIT Hon Teng Ltd. * | 1,920,167 | 257,108 |
Galaxy Entertainment Group Ltd. * | 3,619,189 | 23,953,315 |
Guotai Junan International Holdings Ltd. | 5,308,748 | 440,040 |
Haitong International Securities Group Ltd. * | 7,560,744 | 607,424 |
Hang Lung Group Ltd. | 1,488,184 | 2,053,387 |
Hang Lung Properties Ltd. | 2,971,168 | 3,970,777 |
Hang Seng Bank Ltd. | 1,202,829 | 15,338,783 |
Henderson Land Development Co., Ltd. | 2,216,012 | 6,089,847 |
Hong Kong & China Gas Co., Ltd. | 18,446,237 | 13,572,836 |
Hong Kong Exchanges & Clearing Ltd. | 2,125,749 | 82,408,607 |
Hongkong Land Holdings Ltd. | 1,856,795 | 6,591,622 |
Huabao International Holdings Ltd. (a) | 1,548,911 | 558,985 |
Hutchison Telecommunications Hong Kong Holdings Ltd. | 2,600,016 | 364,717 |
HUTCHMED China Ltd. * | 1,016,454 | 3,123,862 |
Hysan Development Co., Ltd. | 1,093,540 | 2,278,630 |
Jardine Matheson Holdings Ltd. | 329,652 | 15,678,249 |
Johnson Electric Holdings Ltd. | 586,335 | 786,590 |
JS Global Lifestyle Co., Ltd. * | 2,074,576 | 296,302 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Kerry Logistics Network Ltd. | 510,544 | 479,830 |
Kerry Properties Ltd. | 1,017,150 | 1,880,789 |
Lenovo Group Ltd. | 12,510,014 | 14,150,390 |
Link REIT | 4,258,644 | 21,125,546 |
L'Occitane International S.A. | 731,693 | 2,593,945 |
Man Wah Holdings Ltd. | 2,570,044 | 1,868,110 |
Melco International Development Ltd. * | 1,175,718 | 1,061,508 |
MGM China Holdings Ltd. * | 1,235,083 | 1,549,809 |
MMG Ltd. * | 4,035,360 | 1,343,104 |
MTR Corp., Ltd. | 2,540,982 | 10,612,065 |
NagaCorp Ltd. * | 2,557,512 | 1,304,562 |
New World Development Co., Ltd. | 2,407,839 | 5,115,516 |
Nexteer Automotive Group Ltd. | 1,434,011 | 923,487 |
NWS Holdings Ltd. | 2,309,402 | 2,629,893 |
Orient Overseas International Ltd. | 221,696 | 2,974,134 |
PCCW Ltd. | 7,243,449 | 3,445,413 |
Power Assets Holdings Ltd. | 2,306,252 | 11,366,932 |
Prada S.p.A. | 868,898 | 5,678,710 |
Samsonite International S.A. * | 2,153,429 | 7,208,533 |
Sands China Ltd. * | 4,055,063 | 13,729,324 |
Shangri-La Asia Ltd. * | 1,876,239 | 1,282,449 |
Sino Land Co., Ltd. | 5,546,097 | 6,358,200 |
SITC International Holdings Co., Ltd. | 2,370,660 | 4,419,811 |
SJM Holdings Ltd. * | 3,949,855 | 1,591,678 |
Sun Hung Kai Properties Ltd. | 2,376,037 | 26,754,751 |
Super Hi International Holding Ltd. * | 246,373 | 428,543 |
Swire Pacific Ltd., A Shares | 735,988 | 6,072,423 |
Swire Pacific Ltd., B Shares | 1,368,127 | 1,803,989 |
Swire Properties Ltd. | 1,669,658 | 3,491,872 |
Techtronic Industries Co., Ltd. | 2,200,782 | 21,750,324 |
The Bank of East Asia Ltd. | 1,686,057 | 2,403,815 |
The Wharf Holdings Ltd. | 1,598,742 | 3,388,414 |
United Energy Group Ltd. | 12,867,066 | 1,706,475 |
Vitasoy International Holdings Ltd. | 1,363,788 | 1,756,529 |
VTech Holdings Ltd. | 290,193 | 1,772,595 |
WH Group Ltd. | 13,203,252 | 6,802,198 |
Wharf Real Estate Investment Co., Ltd. | 2,554,318 | 10,651,474 |
Wynn Macau Ltd. * | 2,949,432 | 2,877,311 |
Xinyi Glass Holdings Ltd. | 3,499,181 | 5,167,280 |
Yue Yuen Industrial Holdings Ltd. | 1,287,520 | 1,615,608 |
700,904,229 | ||
Ireland 0.2% | ||
AIB Group plc | 2,129,725 | 9,712,908 |
Bank of Ireland Group plc | 1,814,728 | 18,116,515 |
Glanbia plc | 310,945 | 5,177,006 |
Kerry Group plc, Class A | 256,665 | 23,996,131 |
Kingspan Group plc | 250,639 | 21,240,178 |
78,242,738 | ||
Israel 0.5% | ||
Airport City Ltd. * | 128,392 | 1,972,375 |
Alony Hetz Properties & Investments Ltd. | 253,930 | 1,935,411 |
Amot Investments Ltd. | 366,734 | 1,737,939 |
Ashtrom Group Ltd. | 70,057 | 962,793 |
Azrieli Group Ltd. | 60,700 | 3,263,286 |
Bank Hapoalim B.M. | 2,269,738 | 18,847,257 |
Bank Leumi Le-Israel B.M. | 2,596,407 | 20,213,189 |
Bezeq The Israeli Telecommunication Corp., Ltd. | 3,280,113 | 4,445,679 |
Big Shopping Centers Ltd. * | 21,386 | 1,790,472 |
Delek Group Ltd. | 12,923 | 1,859,023 |
Elbit Systems Ltd. | 40,296 | 7,938,682 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Elco Ltd. | 10,779 | 348,488 |
Electra Ltd. | 2,984 | 1,157,917 |
Energix-Renewable Energies Ltd. | 447,927 | 1,397,450 |
Enlight Renewable Energy Ltd. * | 196,916 | 3,210,134 |
Fattal Holdings 1998 Ltd. * | 11,957 | 1,174,199 |
Gav-Yam Lands Corp., Ltd. | 77,469 | 498,062 |
Harel Insurance Investments & Financial Services Ltd. | 207,401 | 1,513,067 |
ICL Group Ltd. | 1,279,251 | 7,678,941 |
Israel Corp., Ltd. | 5,624 | 1,566,541 |
Israel Discount Bank Ltd., A Shares | 2,124,032 | 10,652,871 |
Kenon Holdings Ltd. | 36,902 | 878,758 |
Melisron Ltd. | 34,705 | 2,179,170 |
Mivne Real Estate KD Ltd. | 961,734 | 2,307,929 |
Mizrahi Tefahot Bank Ltd. | 235,102 | 7,749,459 |
Nice Ltd. * | 106,988 | 21,181,838 |
Nova Ltd. * | 46,996 | 6,092,418 |
OPC Energy Ltd. * | 141,926 | 878,093 |
Shapir Engineering and Industry Ltd. | 264,144 | 1,816,455 |
Shikun & Binui Ltd. * | 418,811 | 1,049,922 |
Shufersal Ltd. * | 437,839 | 2,041,473 |
Strauss Group Ltd. * | 74,985 | 1,630,272 |
Teva Pharmaceutical Industries Ltd. * | 1,887,918 | 18,390,587 |
The First International Bank of Israel Ltd. | 81,601 | 3,306,320 |
The Phoenix Holdings Ltd. | 273,829 | 2,747,446 |
Tower Semiconductor Ltd. * | 187,453 | 5,482,987 |
171,896,903 | ||
Italy 2.3% | ||
A2A S.p.A. | 2,405,252 | 4,619,350 |
Amplifon S.p.A. | 216,425 | 7,056,300 |
Assicurazioni Generali S.p.A. | 2,262,086 | 46,967,104 |
Banca Mediolanum S.p.A. | 370,424 | 3,393,214 |
Banco BPM S.p.A. | 2,288,027 | 10,966,295 |
Buzzi S.p.A | 141,730 | 4,248,691 |
CNH Industrial N.V. | 1,637,147 | 22,708,489 |
Davide Campari-Milano N.V. | 847,932 | 11,108,054 |
De'Longhi S.p.A. | 113,088 | 2,997,312 |
DiaSorin S.p.A. | 37,808 | 4,003,365 |
Enel S.p.A. | 13,108,337 | 88,350,478 |
Eni S.p.A. | 3,686,628 | 57,154,294 |
Ferrari N.V. | 198,619 | 63,162,326 |
FinecoBank Banca Fineco S.p.A. | 1,041,347 | 14,308,657 |
Hera S.p.A. | 1,336,634 | 4,056,200 |
Infrastrutture Wireless Italiane S.p.A. | 599,359 | 7,425,619 |
Interpump Group S.p.A. | 132,304 | 6,713,118 |
Intesa Sanpaolo S.p.A. | 25,878,657 | 69,432,037 |
Italgas S.p.A. | 825,925 | 4,706,192 |
Leonardo S.p.A. | 667,879 | 9,651,808 |
Mediobanca Banca di Credito Finanziario S.p.A. | 1,064,280 | 13,942,250 |
Moncler S.p.A. | 343,964 | 23,384,842 |
Nexi S.p.A. * | 938,321 | 6,754,072 |
Pirelli & C S.p.A. | 842,586 | 4,213,104 |
Poste Italiane S.p.A. | 786,775 | 8,757,011 |
Prysmian S.p.A. | 444,887 | 18,247,203 |
Recordati Industria Chimica e Farmaceutica S.p.A. | 163,629 | 8,236,842 |
Reply S.p.A. | 37,285 | 3,822,133 |
Snam S.p.A. | 3,681,088 | 19,033,456 |
Stellantis N.V. | 3,339,139 | 62,248,119 |
Telecom Italia S.p.A. * | 17,688,417 | 5,500,261 |
Tenaris S.A. | 779,337 | 12,484,793 |
Terna - Rete Elettrica Nazionale | 2,384,769 | 19,722,910 |
UniCredit S.p.A. | 3,126,439 | 76,569,357 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
UnipolSai Assicurazioni S.p.A. | 720,528 | 1,825,246 |
727,770,502 | ||
Japan 21.5% | ||
ABC-Mart, Inc. | 129,129 | 2,350,904 |
Acom Co., Ltd. | 654,254 | 1,553,564 |
Activia Properties, Inc. | 1,128 | 3,161,205 |
Advance Residence Investment Corp. | 2,061 | 4,961,916 |
Advantest Corp. | 308,563 | 38,807,491 |
Aeon Co., Ltd. | 1,208,030 | 25,050,950 |
AEON Financial Service Co., Ltd. | 183,808 | 1,604,698 |
Aeon Mall Co., Ltd. | 192,976 | 2,314,360 |
AEON REIT Investment Corp. | 2,770 | 2,802,631 |
AGC, Inc. | 309,697 | 10,876,675 |
Aica Kogyo Co., Ltd. | 90,387 | 2,145,050 |
Ain Holdings, Inc. | 45,192 | 1,615,098 |
Air Water, Inc. | 325,250 | 4,095,087 |
Aisin Corp. | 290,303 | 9,705,016 |
Ajinomoto Co., Inc. | 784,934 | 33,282,258 |
Alfresa Holdings Corp. | 281,877 | 4,828,803 |
Alps Alpine Co., Ltd. | 321,470 | 2,688,393 |
Amada Co., Ltd. | 534,863 | 5,672,483 |
Amano Corp. | 118,995 | 2,596,745 |
Amvis Holdings, Inc. | 41,128 | 822,362 |
ANA Holdings, Inc. * | 258,901 | 5,850,770 |
Anritsu Corp. | 191,990 | 1,409,083 |
Aozora Bank Ltd. (a) | 199,904 | 3,929,837 |
Ariake Japan Co., Ltd. | 31,458 | 1,147,385 |
As One Corp. | 39,480 | 1,551,431 |
Asahi Group Holdings Ltd. | 808,458 | 31,519,783 |
Asahi Intecc Co., Ltd. | 329,605 | 6,717,299 |
Asahi Kasei Corp. | 2,071,017 | 13,397,560 |
Asics Corp. | 279,760 | 10,205,759 |
ASKUL Corp. | 78,072 | 1,054,295 |
Astellas Pharma, Inc. | 3,006,538 | 45,732,585 |
Azbil Corp. | 213,312 | 7,120,901 |
AZ-Com Maruwa Holdings, Inc. | 65,707 | 1,024,972 |
Bandai Namco Holdings, Inc. | 980,571 | 22,779,071 |
BayCurrent Consulting, Inc. | 227,605 | 7,837,235 |
Benefit One, Inc. | 99,683 | 865,127 |
Benesse Holdings, Inc. | 127,724 | 1,626,982 |
Bic Camera, Inc. (a) | 256,697 | 1,907,794 |
BIPROGY, Inc. | 105,180 | 2,724,414 |
Bridgestone Corp. | 940,851 | 36,584,521 |
Brother Industries Ltd. | 397,828 | 6,745,464 |
Calbee, Inc. | 126,176 | 2,518,147 |
Canon Marketing Japan, Inc. | 80,447 | 2,114,714 |
Canon, Inc. | 1,637,325 | 40,352,523 |
Capcom Co., Ltd. | 300,951 | 12,698,712 |
Casio Computer Co., Ltd. | 363,760 | 3,226,954 |
Central Japan Railway Co. | 308,228 | 39,569,882 |
Chubu Electric Power Co., Inc. | 1,164,458 | 15,557,034 |
Chugai Pharmaceutical Co., Ltd. | 1,087,733 | 33,300,312 |
Chugin Financial Group, Inc. | 287,744 | 1,912,825 |
Coca-Cola Bottlers Japan Holdings, Inc. | 244,960 | 3,194,399 |
COMSYS Holdings Corp. | 183,086 | 3,902,297 |
Concordia Financial Group Ltd. | 1,837,838 | 8,160,034 |
Cosmo Energy Holdings Co., Ltd. | 138,372 | 4,980,385 |
Cosmos Pharmaceutical Corp. | 28,343 | 3,332,008 |
Credit Saison Co., Ltd. | 265,384 | 4,153,432 |
CyberAgent, Inc. | 675,544 | 4,306,109 |
Dai Nippon Printing Co., Ltd. | 434,535 | 11,888,264 |
Daicel Corp. | 434,674 | 3,633,604 |
Daido Steel Co., Ltd. | 51,306 | 2,125,048 |
Daifuku Co., Ltd. | 478,439 | 8,851,705 |
Dai-ichi Life Holdings, Inc. | 1,570,914 | 29,258,051 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Daiichi Sankyo Co., Ltd. | 3,171,594 | 93,654,447 |
Daiichikosho Co., Ltd. | 130,746 | 2,528,974 |
Daikin Industries Ltd. | 448,583 | 77,724,396 |
Daio Paper Corp. | 141,675 | 1,208,157 |
Daito Trust Construction Co., Ltd. | 107,813 | 11,896,939 |
Daiwa House Industry Co., Ltd. | 1,077,926 | 29,971,800 |
Daiwa House REIT Investment Corp. | 3,431 | 6,509,202 |
Daiwa Office Investment Corp. | 401 | 1,884,013 |
Daiwa Securities Group, Inc. | 2,364,612 | 13,464,734 |
Daiwa Securities Living Investments Corp. | 3,586 | 2,746,430 |
Dena Co., Ltd. | 158,927 | 1,648,383 |
Denka Co., Ltd. | 139,027 | 2,623,737 |
Denso Corp. | 735,943 | 50,343,486 |
Dentsu Group, Inc. | 344,783 | 10,313,768 |
Descente Ltd. | 67,039 | 1,706,079 |
DIC Corp. | 144,165 | 2,487,003 |
Disco Corp. | 140,199 | 27,681,562 |
DMG Mori Co., Ltd. | 172,164 | 3,146,219 |
Dowa Holdings Co., Ltd. | 78,026 | 2,509,309 |
East Japan Railway Co. | 603,464 | 34,122,442 |
Ebara Corp. | 151,147 | 7,536,326 |
Eisai Co., Ltd. | 442,390 | 28,132,339 |
Electric Power Development Co., Ltd. | 285,394 | 4,453,860 |
ENEOS Holdings, Inc. | 4,734,448 | 17,765,765 |
Exeo Group, Inc. | 152,416 | 3,244,408 |
Ezaki Glico Co., Ltd. | 84,165 | 2,221,121 |
Fancl Corp. | 112,824 | 1,978,111 |
FANUC Corp. | 1,598,868 | 45,609,773 |
Fast Retailing Co., Ltd. | 260,909 | 60,000,916 |
Food & Life Cos., Ltd. | 172,366 | 3,277,778 |
FP Corp. | 75,112 | 1,444,610 |
Frontier Real Estate Investment Corp. | 820 | 2,650,067 |
Fuji Electric Co., Ltd. | 209,915 | 9,912,873 |
Fuji Kyuko Co., Ltd. | 32,887 | 1,199,505 |
Fuji Media Holdings, Inc. | 91,785 | 959,239 |
Fuji Oil Holdings, Inc. | 86,161 | 1,384,873 |
FUJIFILM Holdings Corp. | 602,258 | 35,634,512 |
Fujikura Ltd. | 437,136 | 3,624,159 |
Fujitsu General Ltd. | 95,180 | 1,837,765 |
Fujitsu Ltd. | 297,672 | 37,223,057 |
Fukuoka Financial Group, Inc. | 277,175 | 6,562,642 |
Furukawa Electric Co., Ltd. | 108,973 | 1,875,038 |
Fuyo General Lease Co., Ltd. | 31,698 | 2,623,628 |
GLP J-REIT | 7,411 | 6,989,252 |
GMO internet group, Inc. | 93,990 | 1,522,007 |
GMO Payment Gateway, Inc. | 66,175 | 4,194,545 |
Goldwin, Inc. | 58,471 | 4,182,955 |
GS Yuasa Corp. | 130,054 | 2,470,030 |
GungHo Online Entertainment, Inc. | 58,374 | 962,107 |
H.U. Group Holdings, Inc. | 91,380 | 1,655,805 |
Hakuhodo DY Holdings, Inc. | 382,770 | 3,637,478 |
Hamamatsu Photonics K.K. | 211,896 | 9,818,665 |
Hankyu Hanshin Holdings, Inc. | 357,506 | 12,843,057 |
Harmonic Drive Systems, Inc. | 79,756 | 2,100,933 |
Haseko Corp. | 436,196 | 5,420,054 |
Heiwa Corp. | 99,919 | 1,525,706 |
Hikari Tsushin, Inc. | 37,343 | 6,222,765 |
Hino Motors Ltd. * | 450,515 | 1,767,278 |
Hirogin Holdings, Inc. | 487,373 | 3,047,399 |
Hirose Electric Co., Ltd. | 52,013 | 6,307,583 |
Hisamitsu Pharmaceutical Co., Inc. | 120,900 | 4,104,048 |
Hitachi Construction Machinery Co., Ltd. | 174,527 | 5,443,742 |
Hitachi Ltd. | 1,503,798 | 100,132,691 |
Honda Motor Co., Ltd. | 2,776,153 | 89,681,269 |
Horiba Ltd. | 68,526 | 3,568,803 |
Hoshizaki Corp. | 187,470 | 7,203,401 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
House Foods Group, Inc. | 122,029 | 2,636,132 |
Hoya Corp. | 572,671 | 63,547,069 |
Hulic Co., Ltd. | 679,889 | 6,108,423 |
Ibiden Co., Ltd. | 184,694 | 11,153,825 |
Idemitsu Kosan Co., Ltd. | 394,479 | 8,386,252 |
IHI Corp. | 212,042 | 5,288,488 |
Iida Group Holdings Co., Ltd. | 234,801 | 3,850,585 |
Industrial & Infrastructure Fund Investment Corp. | 3,358 | 3,367,572 |
Information Services International-Dentsu Ltd. | 34,187 | 1,369,030 |
INFRONEER Holdings, Inc. | 364,646 | 3,812,146 |
Inpex Corp. | 1,574,130 | 22,003,328 |
Internet Initiative Japan, Inc. | 185,680 | 3,231,879 |
Invincible Investment Corp. | 8,071 | 3,354,023 |
Isetan Mitsukoshi Holdings Ltd. | 577,933 | 6,633,417 |
Isuzu Motors Ltd. | 857,463 | 11,013,881 |
Ito En Ltd. | 94,412 | 2,794,390 |
ITOCHU Corp. | 2,223,706 | 83,580,858 |
Itochu Techno-Solutions Corp. | 165,903 | 4,928,602 |
Itoham Yonekyu Holdings, Inc. | 174,855 | 972,851 |
Iwatani Corp. | 84,945 | 4,478,160 |
Iyogin Holdings, Inc. | 436,588 | 3,034,839 |
Izumi Co., Ltd. | 67,718 | 1,767,547 |
J. Front Retailing Co., Ltd. | 426,802 | 4,500,059 |
Japan Airlines Co., Ltd. | 239,488 | 4,936,659 |
Japan Airport Terminal Co., Ltd. | 86,283 | 4,093,531 |
Japan Aviation Electronics Industry Ltd. | 66,553 | 1,403,426 |
Japan Exchange Group, Inc. | 888,548 | 15,520,676 |
Japan Hotel REIT Investment Corp. | 7,244 | 3,672,131 |
Japan Logistics Fund, Inc. | 1,462 | 3,062,884 |
Japan Metropolitan Fund Invest | 11,357 | 7,629,320 |
Japan Post Bank Co., Ltd. | 2,476,633 | 19,878,048 |
Japan Post Holdings Co., Ltd. | 3,486,713 | 26,751,784 |
Japan Post Insurance Co., Ltd. | 325,586 | 5,249,944 |
Japan Prime Realty Investment Corp. | 1,476 | 3,741,072 |
Japan Real Estate Investment Corp. | 2,160 | 8,976,199 |
Japan Tobacco, Inc. | 1,992,497 | 43,672,480 |
JCR Pharmaceuticals Co., Ltd. | 92,632 | 811,886 |
JEOL Ltd. | 68,768 | 2,196,457 |
JFE Holdings, Inc. | 860,458 | 13,614,486 |
JGC Holdings Corp. | 348,672 | 4,663,011 |
JMDC, Inc. | 54,094 | 1,620,015 |
JSR Corp. | 308,255 | 8,617,631 |
JTEKT Corp. | 387,890 | 3,515,615 |
Justsystems Corp. | 58,490 | 1,212,105 |
Kadokawa Corp. | 159,223 | 3,748,032 |
Kagome Co., Ltd. | 130,840 | 3,053,847 |
Kajima Corp. | 733,320 | 12,257,679 |
Kakaku.com, Inc. | 218,653 | 2,605,783 |
Kaken Pharmaceutical Co., Ltd. | 56,536 | 1,390,245 |
Kamigumi Co., Ltd. | 146,914 | 3,311,960 |
Kandenko Co., Ltd. | 162,920 | 1,493,960 |
Kaneka Corp. | 96,639 | 2,716,924 |
Kansai Paint Co., Ltd. | 321,573 | 5,276,903 |
Kao Corp. | 757,596 | 29,344,258 |
Katitas Co., Ltd. | 76,676 | 1,224,520 |
Kawasaki Heavy Industries Ltd. | 248,987 | 6,394,631 |
Kawasaki Kisen Kaisha Ltd. | 372,498 | 12,501,461 |
KDDI Corp. | 2,670,559 | 79,336,248 |
Keihan Holdings Co., Ltd. | 164,925 | 4,710,363 |
Keikyu Corp. | 426,898 | 3,939,537 |
Keio Corp. | 191,311 | 6,622,986 |
Keisei Electric Railway Co., Ltd. | 231,800 | 8,881,275 |
Kenedix Office Investment Corp. | 1,244 | 2,939,424 |
Kewpie Corp. | 175,067 | 2,917,884 |
Keyence Corp. | 327,948 | 136,328,694 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Kikkoman Corp. | 303,733 | 17,579,107 |
Kinden Corp. | 193,284 | 2,657,929 |
Kintetsu Group Holdings Co., Ltd. | 298,740 | 9,457,655 |
Kirin Holdings Co., Ltd. | 1,237,686 | 17,394,000 |
Kobayashi Pharmaceutical Co., Ltd. | 102,930 | 5,091,884 |
Kobe Bussan Co., Ltd. | 240,838 | 5,995,102 |
Kobe Steel Ltd. | 588,853 | 7,401,868 |
Koei Tecmo Holdings Co., Ltd. | 247,779 | 3,850,671 |
Koito Manufacturing Co., Ltd. | 381,722 | 6,490,729 |
Kokuyo Co., Ltd. | 120,961 | 1,881,902 |
Komatsu Ltd. | 1,541,813 | 43,950,434 |
Konami Group Corp. | 156,510 | 9,090,556 |
Konica Minolta, Inc. | 787,211 | 2,435,955 |
Kose Corp. | 47,735 | 3,964,118 |
Kotobuki Spirits Co., Ltd. | 29,642 | 2,327,218 |
K's Holdings Corp. | 267,062 | 2,461,773 |
Kubota Corp. | 1,794,858 | 28,787,261 |
Kuraray Co., Ltd. | 576,110 | 6,551,156 |
Kurita Water Industries Ltd. | 184,091 | 7,186,105 |
Kusuri no Aoki Holdings Co., Ltd. | 28,187 | 1,764,773 |
Kyocera Corp. | 508,935 | 26,141,539 |
Kyowa Kirin Co., Ltd. | 410,118 | 7,522,891 |
Kyudenko Corp. | 66,149 | 2,036,472 |
Kyushu Electric Power Co., Inc. * | 784,820 | 5,184,874 |
Kyushu Financial Group, Inc. | 657,086 | 3,222,129 |
Kyushu Railway Co. | 268,372 | 5,849,122 |
LaSalle Logiport REIT | 2,817 | 2,877,274 |
Lasertec Corp. | 130,728 | 20,361,008 |
Lawson, Inc. | 82,191 | 3,924,234 |
Lintec Corp. | 85,665 | 1,413,971 |
Lion Corp. | 422,103 | 4,596,932 |
Lixil Corp. | 434,264 | 5,442,282 |
M3, Inc. | 711,955 | 14,199,000 |
Mabuchi Motor Co., Ltd. | 84,267 | 2,580,943 |
Makita Corp. | 412,386 | 11,324,788 |
Mani, Inc. | 102,879 | 1,340,886 |
Marubeni Corp. | 2,575,619 | 42,185,414 |
Marui Group Co., Ltd. | 327,638 | 5,676,868 |
Maruichi Steel Tube Ltd. | 104,197 | 2,711,119 |
Matsui Securities Co., Ltd. | 134,466 | 739,824 |
MatsukiyoCocokara & Co. | 201,013 | 11,839,726 |
Mazda Motor Corp. | 938,567 | 9,879,822 |
McDonald's Holdings Co., Japan Ltd. | 139,500 | 5,547,996 |
Mebuki Financial Group, Inc. | 1,640,172 | 4,541,356 |
Medipal Holdings Corp. | 245,350 | 4,208,119 |
MEIJI Holdings Co., Ltd. | 437,780 | 10,981,712 |
Menicon Co., Ltd. | 86,077 | 1,204,079 |
Mercari, Inc. * | 191,872 | 4,372,918 |
MINEBEA MITSUMI, Inc. | 691,148 | 11,752,151 |
MISUMI Group, Inc. | 468,926 | 8,192,556 |
Mitsubishi Chemical Group Corp. | 2,116,428 | 12,651,903 |
Mitsubishi Corp. | 1,955,584 | 96,660,937 |
Mitsubishi Electric Corp. | 3,269,662 | 42,649,230 |
Mitsubishi Estate Co., Ltd. | 1,845,634 | 23,611,590 |
Mitsubishi Gas Chemical Co., Inc. | 307,773 | 4,198,490 |
Mitsubishi HC Capital, Inc. | 1,059,360 | 6,890,188 |
Mitsubishi Heavy Industries Ltd. | 488,978 | 27,776,543 |
Mitsubishi Logistics Corp. | 102,896 | 2,735,930 |
Mitsubishi Materials Corp. | 195,645 | 3,287,739 |
Mitsubishi Motors Corp. | 1,071,709 | 4,215,872 |
Mitsubishi UFJ Financial Group, Inc. | 19,535,884 | 156,128,729 |
Mitsui & Co., Ltd. | 2,486,196 | 92,763,792 |
Mitsui Chemicals, Inc. | 290,238 | 7,886,675 |
Mitsui Fudosan Co., Ltd. | 1,488,500 | 32,635,862 |
Mitsui Fudosan Logistics Park, Inc. | 878 | 2,988,282 |
Mitsui High-Tec, Inc. | 38,399 | 2,611,190 |
Mitsui Mining & Smelting Co., Ltd. | 92,669 | 2,369,159 |
Mitsui O.S.K. Lines Ltd. | 561,536 | 15,567,258 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Miura Co., Ltd. | 165,053 | 3,814,976 |
Mizuho Financial Group, Inc. | 4,290,320 | 71,021,542 |
Money Forward, Inc. * | 74,732 | 2,815,572 |
MonotaRO Co., Ltd. | 392,127 | 4,638,134 |
Mori Hills Reit Investment Corp. | 2,647 | 2,667,273 |
Morinaga & Co., Ltd. | 67,466 | 2,452,846 |
Morinaga Milk Industry Co., Ltd. | 65,598 | 2,686,371 |
MS&AD Insurance Group Holdings, Inc. | 757,485 | 27,263,945 |
Murata Manufacturing Co., Ltd. | 939,929 | 52,844,173 |
Nabtesco Corp. | 184,486 | 3,496,218 |
Nagase & Co., Ltd. | 185,947 | 3,191,823 |
Nagoya Railroad Co., Ltd. | 327,795 | 5,266,425 |
Nankai Electric Railway Co., Ltd. | 180,149 | 3,786,489 |
NEC Corp. | 427,551 | 22,572,085 |
NEC Networks & System Integration Corp. | 109,040 | 1,455,265 |
NET One Systems Co., Ltd. | 156,854 | 3,075,991 |
Nexon Co., Ltd. | 661,006 | 13,425,798 |
NGK Insulators Ltd. | 432,839 | 5,749,979 |
NH Foods Ltd. | 163,577 | 5,076,353 |
NHK Spring Co., Ltd. | 279,721 | 2,173,057 |
Nichirei Corp. | 175,232 | 4,147,745 |
Nidec Corp. | 865,429 | 45,368,370 |
Nifco, Inc. | 140,885 | 4,161,181 |
Nihon Kohden Corp. | 129,221 | 3,442,106 |
Nihon M&A Center Holdings, Inc. | 434,530 | 2,417,919 |
Nikon Corp. | 504,340 | 5,452,699 |
Nintendo Co., Ltd. | 1,760,138 | 75,768,691 |
Nippon Accommodations Fund, Inc. | 744 | 3,357,544 |
Nippon Building Fund, Inc. | 2,527 | 10,674,898 |
Nippon Electric Glass Co., Ltd. | 135,226 | 2,388,062 |
Nippon Express Holdings, Inc. | 113,668 | 5,909,627 |
Nippon Kayaku Co., Ltd. | 288,293 | 2,585,201 |
Nippon Paint Holdings Co., Ltd. | 1,694,749 | 13,107,720 |
Nippon Prologis REIT, Inc. | 3,943 | 7,932,855 |
Nippon Sanso Holdings Corp. | 238,010 | 5,749,776 |
Nippon Shinyaku Co., Ltd. | 84,253 | 3,703,231 |
Nippon Shokubai Co., Ltd. | 54,902 | 2,091,846 |
Nippon Steel Corp. | 1,387,213 | 32,844,889 |
Nippon Telegraph & Telephone Corp. | 47,769,130 | 55,222,341 |
Nippon Yusen K.K. | 816,662 | 21,798,596 |
Nipro Corp. | 201,342 | 1,670,647 |
Nishi-Nippon Railroad Co., Ltd. | 118,511 | 2,215,798 |
Nissan Chemical Corp. | 220,942 | 9,482,059 |
Nissan Motor Co., Ltd. | 3,189,500 | 13,600,588 |
Nisshin Seifun Group, Inc. | 434,538 | 5,732,254 |
Nissin Foods Holdings Co., Ltd. | 113,947 | 9,955,736 |
Niterra Co., Ltd. | 324,189 | 7,537,725 |
Nitori Holdings Co., Ltd. | 126,163 | 14,402,782 |
Nitto Denko Corp. | 240,786 | 16,454,854 |
Noevir Holdings Co., Ltd. | 27,177 | 1,062,178 |
NOF Corp. | 112,938 | 5,098,249 |
NOK Corp. | 202,005 | 2,836,825 |
Nomura Holdings, Inc. | 5,055,520 | 19,592,158 |
Nomura Real Estate Holdings, Inc. | 172,691 | 4,350,933 |
Nomura Real Estate Master Fund, Inc. | 7,424 | 8,725,119 |
Nomura Research Institute Ltd. | 711,685 | 20,458,163 |
NS Solutions Corp. | 58,998 | 1,600,729 |
NSK Ltd. | 725,000 | 4,229,436 |
NTT Data Group Corp. | 1,050,581 | 14,151,110 |
Obayashi Corp. | 1,129,251 | 10,231,013 |
OBIC Business Consultants Co., Ltd. | 43,240 | 1,856,304 |
Obic Co., Ltd. | 111,205 | 19,348,303 |
Odakyu Electric Railway Co., Ltd. | 515,430 | 7,668,519 |
Oji Holdings Corp. | 1,442,945 | 5,907,169 |
OKUMA Corp. | 45,225 | 2,123,247 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Olympus Corp. | 2,083,303 | 28,197,607 |
Omron Corp. | 303,653 | 14,679,464 |
Ono Pharmaceutical Co., Ltd. | 699,182 | 13,262,294 |
Open House Group Co., Ltd. | 115,348 | 3,902,904 |
Oracle Corp. Japan | 55,016 | 3,843,203 |
Orient Corp. | 101,849 | 773,041 |
Oriental Land Co., Ltd. | 1,586,523 | 57,201,355 |
ORIX Corp. | 1,963,638 | 36,687,127 |
Orix JREIT, Inc. | 4,271 | 5,312,897 |
Osaka Gas Co., Ltd. | 663,901 | 10,625,335 |
OSG Corp. | 137,105 | 1,731,882 |
Otsuka Corp. | 168,876 | 7,534,084 |
Otsuka Holdings Co., Ltd. | 816,814 | 31,116,189 |
PALTAC Corp. | 50,097 | 1,652,752 |
Pan Pacific International Holdings Corp. | 667,547 | 13,317,926 |
Panasonic Holdings Corp. | 3,608,299 | 41,626,117 |
Park24 Co., Ltd. * | 226,029 | 3,192,057 |
Penta-Ocean Construction Co., Ltd. | 490,854 | 2,920,140 |
PeptiDream, Inc. * | 148,848 | 1,910,890 |
Persol Holdings Co., Ltd. | 304,774 | 5,223,142 |
Pigeon Corp. | 184,649 | 2,142,200 |
Pola Orbis Holdings, Inc. | 127,069 | 1,641,332 |
Rakus Co., Ltd. | 158,508 | 2,581,464 |
Rakuten Group, Inc. | 1,820,317 | 7,105,719 |
Recruit Holdings Co., Ltd. | 2,234,903 | 80,133,212 |
Relo Group, Inc. | 173,856 | 2,038,481 |
Renesas Electronics Corp. * | 2,001,114 | 33,682,933 |
Rengo Co., Ltd. | 373,557 | 2,539,731 |
RENOVA, Inc. * | 73,833 | 700,370 |
Resona Holdings, Inc. | 3,596,850 | 19,080,587 |
Resonac Holdings Corp. | 297,936 | 4,852,191 |
Resorttrust, Inc. | 104,075 | 1,669,947 |
Ricoh Co., Ltd. | 943,236 | 7,696,977 |
Rinnai Corp. | 180,057 | 3,489,582 |
Rohm Co., Ltd. | 136,731 | 11,429,861 |
Rohto Pharmaceutical Co., Ltd. | 324,670 | 8,467,713 |
Ryohin Keikaku Co., Ltd. | 390,702 | 5,041,273 |
Sankyo Co., Ltd. | 67,952 | 2,961,538 |
Sankyu, Inc. | 81,602 | 2,849,638 |
Sanrio Co., Ltd. | 92,277 | 4,812,082 |
Santen Pharmaceutical Co., Ltd. | 560,880 | 5,218,340 |
Sanwa Holdings Corp. | 312,076 | 4,755,577 |
Sapporo Holdings Ltd. | 110,107 | 3,376,156 |
Sawai Group Holdings Co., Ltd. | 65,140 | 2,093,107 |
SBI Holdings, Inc. | 405,481 | 8,287,315 |
SBI Shinsei Bank Ltd. | 89,307 | 1,733,569 |
SCREEN Holdings Co., Ltd. | 64,477 | 6,576,800 |
SCSK Corp. | 220,281 | 3,822,027 |
Secom Co., Ltd. | 316,454 | 22,160,583 |
Sega Sammy Holdings, Inc. | 262,714 | 5,248,505 |
Seibu Holdings, Inc. | 338,201 | 3,578,656 |
Seiko Epson Corp. | 469,226 | 7,356,584 |
Seino Holdings Co., Ltd. | 229,888 | 3,351,563 |
Sekisui Chemical Co., Ltd. | 551,917 | 8,476,742 |
Sekisui House Ltd. | 921,700 | 18,806,263 |
Sekisui House REIT, Inc. | 6,808 | 3,932,773 |
Seven & i Holdings Co., Ltd. | 1,288,610 | 52,939,358 |
Seven Bank Ltd. | 1,136,235 | 2,417,870 |
SG Holdings Co., Ltd. | 695,712 | 10,054,457 |
Sharp Corp. * | 334,695 | 2,061,943 |
SHIFT, Inc. * | 18,148 | 3,739,671 |
Shikoku Electric Power Co., Inc. * | 263,950 | 1,903,682 |
Shimadzu Corp. | 451,884 | 13,303,395 |
Shimamura Co., Ltd. | 37,826 | 3,899,909 |
Shimano, Inc. | 127,178 | 18,694,297 |
Shimizu Corp. | 915,985 | 6,164,031 |
Shin-Etsu Chemical Co., Ltd. | 3,249,873 | 104,002,186 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Shinko Electric Industries Co., Ltd. | 113,227 | 4,647,763 |
Shionogi & Co., Ltd. | 443,149 | 19,532,831 |
Ship Healthcare Holdings, Inc. | 132,076 | 2,246,703 |
Shiseido Co., Ltd. | 646,197 | 26,258,897 |
Shizuoka Financial Group, Inc. | 849,316 | 6,913,071 |
SHO-BOND Holdings Co., Ltd. | 75,105 | 3,027,208 |
Shochiku Co., Ltd. | 13,106 | 992,954 |
Skylark Holdings Co., Ltd. * | 366,964 | 5,135,757 |
SMC Corp. | 93,246 | 45,218,722 |
SMS Co., Ltd. | 86,806 | 1,675,481 |
Socionext, Inc. | 56,557 | 7,012,081 |
Softbank Corp. | 4,645,356 | 53,286,702 |
SoftBank Group Corp. | 1,635,864 | 73,542,809 |
Sohgo Security Services Co., Ltd. | 546,510 | 3,486,237 |
Sojitz Corp. | 387,905 | 8,345,080 |
Sompo Holdings, Inc. | 521,253 | 22,724,819 |
Sony Group Corp. | 2,074,780 | 173,082,413 |
Sotetsu Holdings, Inc. | 128,070 | 2,504,484 |
Square Enix Holdings Co., Ltd. | 126,785 | 4,815,888 |
Stanley Electric Co., Ltd. | 257,380 | 4,523,177 |
Subaru Corp. | 1,013,873 | 19,565,726 |
Sugi Holdings Co., Ltd. | 56,883 | 2,554,919 |
SUMCO Corp. | 565,920 | 7,568,405 |
Sumitomo Bakelite Co., Ltd. | 54,714 | 2,590,539 |
Sumitomo Chemical Co., Ltd. | 2,566,449 | 7,111,348 |
Sumitomo Corp. | 1,857,616 | 38,266,239 |
Sumitomo Electric Industries Ltd. | 1,299,975 | 15,943,300 |
Sumitomo Forestry Co., Ltd. | 234,847 | 6,623,497 |
Sumitomo Heavy Industries Ltd. | 189,998 | 4,767,405 |
Sumitomo Metal Mining Co., Ltd. | 390,244 | 12,115,966 |
Sumitomo Mitsui Financial Group, Inc. | 2,148,670 | 98,604,006 |
Sumitomo Mitsui Trust Holdings, Inc. | 597,441 | 22,369,412 |
Sumitomo Pharma Co., Ltd. | 272,486 | 951,740 |
Sumitomo Realty & Development Co., Ltd. | 663,075 | 16,983,938 |
Sumitomo Rubber Industries Ltd. | 285,759 | 3,017,855 |
Sundrug Co., Ltd. | 110,580 | 3,268,371 |
Suntory Beverage & Food Ltd. | 210,618 | 6,819,750 |
Suzuken Co., Ltd. | 111,816 | 3,316,423 |
Suzuki Motor Corp. | 757,347 | 29,834,015 |
Sysmex Corp. | 316,525 | 16,851,910 |
T&D Holdings, Inc. | 823,695 | 13,089,387 |
Taiheiyo Cement Corp. | 181,930 | 3,492,141 |
Taisei Corp. | 295,603 | 9,955,294 |
Taisho Pharmaceutical Holdings Co., Ltd. | 72,570 | 3,006,781 |
Taiyo Yuden Co., Ltd. | 202,730 | 5,649,453 |
Takara Bio, Inc. | 120,190 | 1,178,908 |
Takara Holdings, Inc. | 299,655 | 2,588,290 |
Takashimaya Co., Ltd. | 229,805 | 3,452,166 |
Takeda Pharmaceutical Co., Ltd. | 2,550,785 | 78,984,365 |
TBS Holdings, Inc. | 60,647 | 1,073,304 |
TDK Corp. | 598,655 | 21,851,514 |
TechnoPro Holdings, Inc. | 182,032 | 4,471,247 |
Teijin Ltd. | 302,589 | 3,076,084 |
Terumo Corp. | 1,083,941 | 32,856,624 |
The Bank of Kyoto Ltd. | 119,157 | 6,893,157 |
The Chiba Bank Ltd. | 1,021,573 | 7,308,227 |
The Chugoku Electric Power Co., Inc. * | 507,958 | 3,351,263 |
The Hachijuni Bank Ltd. | 758,096 | 4,089,245 |
The Japan Steel Works Ltd. | 103,713 | 2,101,544 |
The Kansai Electric Power Co., Inc. | 1,215,066 | 17,309,798 |
The Yokohama Rubber Co., Ltd. | 227,861 | 4,639,859 |
THK Co., Ltd. | 194,185 | 3,555,312 |
TIS, Inc. | 398,845 | 9,416,013 |
Tobu Railway Co., Ltd. | 340,193 | 9,330,567 |
Toda Corp. | 417,887 | 2,351,718 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Toei Animation Co., Ltd. (a) | 9,232 | 779,347 |
Toho Co., Ltd. | 180,558 | 6,889,444 |
Toho Gas Co., Ltd. | 153,224 | 2,746,949 |
Tohoku Electric Power Co., Inc. * | 793,750 | 5,550,280 |
Tokai Carbon Co., Ltd. | 319,087 | 2,524,905 |
Tokio Marine Holdings, Inc. | 3,134,788 | 69,484,912 |
Tokyo Century Corp. | 102,270 | 3,933,164 |
Tokyo Electric Power Co. Holdings, Inc. * | 2,597,446 | 11,418,521 |
Tokyo Electron Ltd. | 749,777 | 111,113,362 |
Tokyo Gas Co., Ltd. | 698,763 | 16,208,556 |
Tokyo Ohka Kogyo Co., Ltd. | 63,240 | 4,283,909 |
Tokyo Tatemono Co., Ltd. | 327,574 | 4,308,852 |
Tokyu Corp. | 1,152,943 | 14,575,620 |
Tokyu Fudosan Holdings Corp. | 1,021,090 | 6,357,922 |
Toppan, Inc. | 445,639 | 10,777,861 |
Toray Industries, Inc. | 2,518,443 | 13,598,572 |
Toshiba Corp. | 701,198 | 22,165,149 |
Toshiba TEC Corp. | 39,536 | 962,703 |
Tosoh Corp. | 463,994 | 6,010,871 |
TOTO Ltd. | 240,188 | 6,591,002 |
Toyo Seikan Group Holdings Ltd. | 249,489 | 4,519,027 |
Toyo Suisan Kaisha Ltd. | 147,820 | 6,104,295 |
Toyo Tire Corp. | 166,250 | 2,508,281 |
Toyoda Gosei Co., Ltd. | 127,976 | 2,768,118 |
Toyota Boshoku Corp. | 103,965 | 1,969,183 |
Toyota Industries Corp. | 266,320 | 18,841,886 |
Toyota Motor Corp. | 20,072,502 | 346,755,109 |
Toyota Tsusho Corp. | 371,345 | 22,178,417 |
Trend Micro, Inc. | 192,720 | 8,192,768 |
TS Tech Co., Ltd. | 144,174 | 1,707,291 |
Tsumura & Co. | 118,934 | 2,245,356 |
Tsuruha Holdings, Inc. | 62,829 | 4,600,454 |
UBE Corp. | 174,034 | 2,937,724 |
Ulvac, Inc. | 83,100 | 3,227,306 |
Unicharm Corp. | 651,026 | 25,990,062 |
United Urban Investment Corp. | 4,993 | 5,367,342 |
Ushio, Inc. | 166,661 | 2,102,938 |
USS Co., Ltd. | 348,968 | 6,099,180 |
Welcia Holdings Co., Ltd. | 166,476 | 3,061,713 |
West Japan Railway Co. | 387,564 | 16,781,972 |
Workman Co., Ltd. (a) | 73,356 | 2,650,359 |
Yakult Honsha Co., Ltd. | 220,148 | 11,543,839 |
Yamada Holdings Co., Ltd. | 1,014,930 | 3,192,897 |
Yamaguchi Financial Group, Inc. | 317,335 | 2,523,030 |
Yamaha Corp. | 254,847 | 7,875,514 |
Yamaha Motor Co., Ltd. | 507,520 | 13,173,871 |
Yamato Holdings Co., Ltd. | 537,030 | 10,094,327 |
Yamato Kogyo Co., Ltd. | 55,603 | 2,684,191 |
Yamazaki Baking Co., Ltd. | 203,495 | 3,857,159 |
Yaoko Co., Ltd. | 37,175 | 1,960,570 |
Yaskawa Electric Corp. | 431,674 | 16,963,334 |
Yokogawa Electric Corp. | 397,630 | 7,889,235 |
Z Holdings Corp. | 4,326,061 | 13,009,235 |
Zenkoku Hosho Co., Ltd. | 78,058 | 2,706,039 |
Zensho Holdings Co., Ltd. | 163,936 | 7,731,460 |
Zeon Corp. | 245,872 | 2,711,457 |
ZOZO, Inc. | 177,943 | 3,556,171 |
6,840,287,533 | ||
Netherlands 3.7% | ||
Aalberts N.V. | 163,330 | 6,808,947 |
ABN AMRO Bank N.V., GDR | 666,324 | 9,831,830 |
Adyen N.V. * | 49,281 | 41,318,800 |
Aegon N.V. | 2,965,832 | 15,257,894 |
Akzo Nobel N.V. | 284,813 | 23,196,493 |
Allfunds Group plc | 579,951 | 3,443,090 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
ArcelorMittal S.A. | 788,707 | 20,998,243 |
ASM International N.V. | 77,982 | 37,680,723 |
ASML Holding N.V. | 664,156 | 438,199,570 |
ASR Nederland N.V. | 242,533 | 10,626,721 |
BE Semiconductor Industries N.V. | 127,268 | 14,655,624 |
CTP N.V. | 181,633 | 2,582,473 |
DSM-Firmenich AG | 289,897 | 26,791,565 |
EXOR N.V. | 179,506 | 15,925,142 |
Heineken Holding N.V. | 222,793 | 17,869,635 |
Heineken N.V. | 468,809 | 45,702,367 |
IMCD N.V. | 95,219 | 13,150,768 |
ING Groep N.V. | 5,891,131 | 83,760,581 |
InPost S.A. * | 342,620 | 4,036,568 |
JDE Peet's N.V. | 198,775 | 5,540,213 |
Just Eat Takeaway.com N.V. * | 332,633 | 4,694,023 |
Koninklijke Ahold Delhaize N.V. | 1,628,520 | 53,334,727 |
Koninklijke KPN N.V. | 5,451,436 | 19,093,238 |
Koninklijke Philips N.V. | 1,543,059 | 34,834,980 |
Koninklijke Vopak N.V. | 110,552 | 3,994,387 |
NN Group N.V. | 498,669 | 19,246,148 |
OCI N.V. * | 159,853 | 4,052,876 |
Prosus N.V. * | 1,196,271 | 82,810,192 |
Randstad N.V. | 184,337 | 10,839,799 |
Signify N.V. | 211,576 | 6,002,632 |
Universal Music Group N.V. | 1,249,593 | 31,044,458 |
Wolters Kluwer N.V. | 422,866 | 51,036,074 |
1,158,360,781 | ||
New Zealand 0.3% | ||
Air New Zealand Ltd. * | 2,393,213 | 1,147,156 |
Auckland International Airport Ltd. * | 1,999,820 | 9,300,093 |
Contact Energy Ltd. | 1,356,121 | 6,758,794 |
EBOS Group Ltd. | 267,010 | 6,033,713 |
Fisher & Paykel Healthcare Corp., Ltd. | 980,188 | 13,254,759 |
Fletcher Building Ltd. | 1,254,591 | 3,608,234 |
Infratil Ltd. | 1,387,157 | 8,334,165 |
Kiwi Property Group Ltd. | 2,600,622 | 1,370,458 |
Mainfreight Ltd. | 136,293 | 5,320,566 |
Mercury NZ Ltd. | 1,098,159 | 4,057,442 |
Meridian Energy Ltd. | 2,115,706 | 6,758,812 |
Ryman Healthcare Ltd. | 1,021,234 | 4,037,743 |
SKYCITY Entertainment Group Ltd. | 1,380,619 | 1,948,353 |
Spark New Zealand Ltd. | 3,137,051 | 9,479,883 |
The a2 Milk Co., Ltd. * | 1,240,502 | 3,693,285 |
85,103,456 | ||
Norway 0.6% | ||
Adevinta A.S.A. * | 468,260 | 3,336,806 |
Aker A.S.A., A Shares | 40,649 | 2,506,850 |
Aker BP A.S.A. | 507,782 | 13,776,800 |
AutoStore Holdings Ltd. * | 1,228,181 | 2,104,863 |
DNB Bank A.S.A. | 1,725,086 | 34,154,178 |
Equinor A.S.A. | 1,563,439 | 48,238,549 |
Gjensidige Forsikring A.S.A. | 297,977 | 4,636,128 |
Kongsberg Gruppen A.S.A. | 123,199 | 5,105,326 |
Leroy Seafood Group A.S.A. | 417,762 | 1,728,835 |
Mowi A.S.A. | 731,494 | 13,272,196 |
Nordic Semiconductor A.S.A. * | 321,512 | 3,932,323 |
Norsk Hydro A.S.A. | 2,239,074 | 12,440,294 |
Orkla A.S.A. | 1,275,322 | 9,744,920 |
Salmar A.S.A. | 106,413 | 5,202,029 |
Schibsted A.S.A., A Shares | 131,289 | 2,795,576 |
Schibsted A.S.A., B Shares | 162,031 | 3,186,651 |
Telenor A.S.A. | 1,054,697 | 11,293,437 |
Tomra Systems A.S.A. | 418,659 | 5,752,200 |
Var Energi A.S.A. | 689,196 | 1,999,463 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Yara International A.S.A. | 271,826 | 9,938,107 |
195,145,531 | ||
Poland 0.2% | ||
Allegro.eu S.A. * | 765,987 | 6,137,189 |
Bank Polska Kasa Opieki S.A. | 263,496 | 6,898,688 |
Dino Polska S.A. * | 81,656 | 7,507,300 |
KGHM Polska Miedz S.A. | 228,222 | 6,318,503 |
LPP S.A. | 1,940 | 6,533,746 |
ORLEN S.A. | 960,372 | 14,692,497 |
Pepco Group N.V. * | 261,083 | 2,050,020 |
Powszechna Kasa Oszczednosci Bank Polski S.A. * | 1,424,636 | 12,911,169 |
Powszechny Zaklad Ubezpieczen S.A. | 950,997 | 9,537,084 |
Santander Bank Polska S.A. * | 47,700 | 4,300,957 |
76,887,153 | ||
Portugal 0.2% | ||
EDP - Energias de Portugal S.A. | 5,011,752 | 22,878,552 |
EDP Renovaveis S.A. | 411,232 | 7,545,218 |
Galp Energia, SGPS, S.A. | 849,174 | 11,709,573 |
Jeronimo Martins, SGPS, S.A. | 468,418 | 11,947,338 |
54,080,681 | ||
Republic of Korea 4.2% | ||
Alteogen, Inc. * | 60,619 | 2,075,286 |
Amorepacific Corp. | 52,006 | 5,268,472 |
AMOREPACIFIC Group | 49,136 | 1,250,937 |
BGF retail Co., Ltd. | 14,359 | 1,699,071 |
BNK Financial Group, Inc. | 489,102 | 2,523,681 |
Celltrion Healthcare Co., Ltd. | 165,347 | 8,093,778 |
Celltrion Pharm, Inc. * | 33,668 | 1,749,946 |
Celltrion, Inc. | 180,961 | 19,701,372 |
Cheil Worldwide, Inc. | 109,114 | 1,556,118 |
CJ CheilJedang Corp. | 13,402 | 3,031,737 |
CJ Corp. | 20,569 | 1,094,005 |
CJ ENM Co., Ltd. * | 17,783 | 783,031 |
CJ Logistics Corp. | 12,531 | 748,020 |
Coway Co., Ltd. | 91,845 | 3,001,857 |
Daewoo Engineering & Construction Co., Ltd. * | 330,120 | 1,148,895 |
DB Insurance Co., Ltd. | 76,227 | 4,711,743 |
DGB Financial Group, Inc. | 269,604 | 1,529,813 |
DL E&C Co., Ltd. | 51,796 | 1,214,811 |
DL Holdings Co., Ltd. | 19,289 | 557,473 |
Dongsuh Cos., Inc. | 53,803 | 729,042 |
Doosan Bobcat, Inc. | 80,350 | 3,270,535 |
Doosan Enerbility Co., Ltd. * | 694,598 | 9,574,863 |
Ecopro BM Co., Ltd. | 78,288 | 19,220,319 |
E-MART, Inc. | 33,151 | 1,850,988 |
F&F Co., Ltd. | 25,234 | 1,966,410 |
Fila Holdings Corp. | 81,392 | 2,333,843 |
Green Cross Corp. | 9,021 | 789,657 |
GS Engineering & Construction Corp. | 108,060 | 1,187,904 |
GS Holdings Corp. | 60,608 | 1,721,831 |
GS Retail Co., Ltd. | 61,985 | 1,109,094 |
Hana Financial Group, Inc. | 470,235 | 14,070,584 |
Hanjin Kal Corp. | 52,911 | 1,779,379 |
Hankook Tire & Technology Co., Ltd. | 118,766 | 3,481,886 |
Hanmi Pharm Co., Ltd. | 12,762 | 2,843,510 |
Hanmi Science Co., Ltd. | 43,969 | 1,197,567 |
Hanon Systems | 285,788 | 1,969,759 |
Hanwha Aerospace Co., Ltd. | 60,595 | 5,235,445 |
Hanwha Corp. | 97,564 | 1,845,357 |
Hanwha Galleria Co. Ltd. * | 185,485 | 185,380 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Hanwha Life Insurance Co., Ltd. * | 480,571 | 914,421 |
Hanwha Ocean Co., Ltd. * | 79,508 | 2,306,890 |
Hanwha Solutions Corp. * | 183,808 | 5,068,887 |
HD Hyundai Co., Ltd. | 68,552 | 3,065,196 |
HD Hyundai Heavy Industries Co., Ltd. * | 32,360 | 3,202,336 |
HD Hyundai Infracore Co., Ltd. | 249,131 | 1,984,755 |
HD Korea Shipbuilding & Offshore Engineering Co., Ltd. * | 74,730 | 6,993,835 |
Hite Jinro Co., Ltd. | 55,312 | 812,261 |
HL Mando Co., Ltd. | 54,151 | 1,716,608 |
HLB, Inc. * | 196,361 | 4,285,996 |
HMM Co., Ltd. | 493,991 | 6,226,510 |
Hotel Shilla Co., Ltd. | 53,082 | 3,542,147 |
HYBE Co., Ltd. * | 29,157 | 5,569,996 |
Hyundai Department Store Co., Ltd. | 26,242 | 1,377,866 |
Hyundai Engineering & Construction Co., Ltd. | 125,169 | 3,361,831 |
Hyundai Glovis Co., Ltd. | 29,149 | 3,804,201 |
Hyundai Marine & Fire Insurance Co., Ltd. | 89,670 | 2,052,217 |
Hyundai Mipo Dockyard Co., Ltd. * | 55,878 | 3,847,095 |
Hyundai Mobis Co., Ltd. | 102,874 | 17,979,114 |
Hyundai Motor Co. | 231,087 | 33,061,132 |
Hyundai Steel Co. | 138,122 | 3,782,876 |
Hyundai Wia Corp. | 27,566 | 1,201,287 |
Industrial Bank of Korea | 492,724 | 4,011,129 |
Kakao Corp. | 545,344 | 19,845,694 |
Kakao Games Corp. * | 65,882 | 1,418,077 |
KakaoBank Corp. | 353,698 | 7,051,214 |
Kakaopay Corp. * | 33,830 | 1,158,167 |
Kangwon Land, Inc. | 172,848 | 2,028,275 |
KB Financial Group, Inc. | 653,755 | 26,758,574 |
KCC Corp. | 6,714 | 1,109,899 |
KEPCO Plant Service & Engineering Co., Ltd. | 36,107 | 916,505 |
Kia Corp. | 417,793 | 25,350,481 |
Korea Aerospace Industries Ltd. | 119,864 | 4,588,703 |
Korea Electric Power Corp. * | 419,282 | 5,652,813 |
Korea Gas Corp. * | 40,000 | 759,599 |
Korea Investment Holdings Co., Ltd. | 58,966 | 2,319,828 |
Korea Zinc Co., Ltd. | 16,918 | 6,745,441 |
Korean Air Lines Co., Ltd. | 302,359 | 5,215,650 |
Krafton, Inc. * | 46,945 | 5,505,183 |
KT&G Corp. | 173,329 | 11,395,718 |
Kumho Petrochemical Co., Ltd. | 26,620 | 2,513,468 |
L&F Co., Ltd. | 41,086 | 6,683,178 |
LG Chem Ltd. | 79,295 | 34,975,589 |
LG Corp. | 148,484 | 9,223,027 |
LG Display Co., Ltd. * | 373,182 | 3,783,347 |
LG Electronics, Inc. | 184,279 | 13,732,916 |
LG Energy Solution Ltd. * | 61,184 | 25,181,839 |
LG H&H Co., Ltd. | 15,699 | 5,517,069 |
LG Innotek Co., Ltd. | 22,256 | 4,546,336 |
LG Uplus Corp. | 346,120 | 2,736,489 |
Lotte Chemical Corp. | 31,451 | 3,250,393 |
Lotte Chilsung Beverage Co., Ltd. | 3,846 | 377,980 |
Lotte Corp. | 40,618 | 766,725 |
Lotte Energy Materials Corp. | 37,693 | 1,388,802 |
LOTTE Fine Chemical Co., Ltd. | 19,190 | 876,925 |
Lotte Shopping Co., Ltd. | 18,985 | 1,019,811 |
LS Corp. | 29,828 | 2,416,931 |
Meritz Financial Group, Inc. * | 167,583 | 6,935,343 |
Mirae Asset Securities Co., Ltd. | 554,595 | 2,794,479 |
NAVER Corp. | 238,175 | 38,652,194 |
NCSoft Corp. | 30,479 | 5,799,484 |
Netmarble Corp. * | 37,095 | 1,202,588 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
NH Investment & Securities Co., Ltd. | 253,457 | 1,975,114 |
NHN Corp. * | 32,330 | 635,960 |
NongShim Co., Ltd. | 5,505 | 1,909,622 |
Oci Co., Ltd. * | 8,922 | 861,318 |
OCI Holdings Co., Ltd. | 19,692 | 1,372,145 |
Orion Corp. | 37,123 | 3,420,905 |
Ottogi Corp. | 2,455 | 683,518 |
Pan Ocean Co., Ltd. | 405,844 | 1,369,445 |
Paradise Co., Ltd. * | 65,435 | 834,182 |
Pearl Abyss Corp. * | 57,239 | 2,091,654 |
POSCO Future M Co., Ltd. | 49,042 | 16,678,176 |
POSCO Holdings, Inc. | 125,998 | 55,194,131 |
Posco International Corp. | 93,647 | 5,611,381 |
S-1 Corp. | 31,781 | 1,341,691 |
Samsung Biologics Co., Ltd. * | 28,521 | 15,903,141 |
Samsung C&T Corp. | 136,134 | 10,783,605 |
Samsung Card Co., Ltd. | 58,747 | 1,331,169 |
Samsung Electro-Mechanics Co., Ltd. | 89,053 | 9,122,585 |
Samsung Electronics Co., Ltd. | 7,928,032 | 401,275,083 |
Samsung Engineering Co., Ltd. * | 258,765 | 6,656,334 |
Samsung Fire & Marine Insurance Co., Ltd. | 56,762 | 10,585,839 |
Samsung Heavy Industries Co., Ltd. * | 1,055,331 | 7,034,209 |
Samsung Life Insurance Co., Ltd. | 119,505 | 6,112,002 |
Samsung SDI Co., Ltd. | 90,213 | 41,907,155 |
Samsung SDS Co., Ltd. | 62,186 | 6,680,849 |
Samsung Securities Co., Ltd. | 100,197 | 2,831,366 |
SD Biosensor, Inc. | 53,446 | 505,852 |
Seegene, Inc. | 43,796 | 735,594 |
Shin Poong Pharmaceutical Co., Ltd. * | 57,310 | 779,598 |
Shinhan Financial Group Co., Ltd. | 797,340 | 21,445,385 |
Shinsegae, Inc. | 10,836 | 1,664,239 |
SK Biopharmaceuticals Co., Ltd. * | 49,814 | 3,229,854 |
SK Bioscience Co., Ltd. * | 39,363 | 2,185,923 |
SK Chemicals Co., Ltd. | 13,926 | 662,716 |
SK Hynix, Inc. | 900,549 | 82,986,093 |
SK IE Technology Co., Ltd. * | 43,948 | 3,002,462 |
SK Innovation Co., Ltd. * | 93,625 | 12,573,057 |
SK Networks Co., Ltd. | 178,653 | 974,532 |
SK Square Co., Ltd. * | 157,962 | 5,389,889 |
SK, Inc. | 57,296 | 6,263,871 |
SKC Co., Ltd. | 32,726 | 2,265,503 |
S-Oil Corp. | 65,364 | 3,610,041 |
Solus Advanced Materials Co., Ltd. | 24,158 | 597,667 |
SSANGYONG C&E Co., Ltd. | 202,732 | 843,598 |
Wemade Co., Ltd. | 25,037 | 683,817 |
Woori Financial Group, Inc. | 1,133,877 | 10,217,118 |
Yuhan Corp. | 87,815 | 4,836,718 |
1,340,122,825 | ||
Singapore 1.1% | ||
CapitaLand Ascendas REIT | 5,640,753 | 11,569,704 |
CapitaLand Ascott Trust | 3,592,014 | 2,579,973 |
CapitaLand Integrated Commercial Trust | 8,391,867 | 11,868,542 |
CapitaLand Investment Ltd. | 4,267,750 | 10,238,808 |
City Developments Ltd. | 807,423 | 3,993,769 |
ComfortDelGro Corp., Ltd. | 3,592,317 | 3,378,188 |
DBS Group Holdings Ltd. | 3,050,162 | 75,209,474 |
Frasers Logistics & Commercial Trust | 4,940,664 | 4,390,075 |
Genting Singapore Ltd. | 9,608,980 | 6,225,737 |
Hutchison Port Holdings Trust, Class U | 8,667,934 | 1,438,877 |
Jardine Cycle & Carriage Ltd. | 165,120 | 4,086,124 |
Keppel Corp., Ltd. | 2,319,703 | 11,920,577 |
Keppel DC REIT | 2,164,200 | 3,525,539 |
Keppel REIT | 3,861,072 | 2,473,030 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Mapletree Industrial Trust | 3,240,841 | 5,519,389 |
Mapletree Logistics Trust | 5,749,826 | 7,152,690 |
Mapletree Pan Asia Commercial Trust | 3,727,985 | 4,195,881 |
NetLink NBN Trust | 4,987,374 | 3,194,431 |
Olam Group Ltd. | 1,944,808 | 1,800,081 |
Oversea-Chinese Banking Corp., Ltd. | 5,871,212 | 54,560,319 |
SATS Ltd. * | 1,461,240 | 2,802,378 |
Seatrium Ltd. * | 65,455,368 | 7,027,789 |
Sembcorp Industries Ltd. | 1,484,453 | 5,880,654 |
SIA Engineering Co., Ltd. | 369,959 | 657,461 |
Singapore Airlines Ltd. | 2,130,983 | 10,840,321 |
Singapore Exchange Ltd. | 1,430,111 | 10,197,682 |
Singapore Post Ltd. | 2,312,324 | 847,538 |
Singapore Technologies Engineering Ltd. | 2,624,866 | 7,405,212 |
Singapore Telecommunications Ltd. | 12,582,755 | 22,174,718 |
StarHub Ltd. | 973,372 | 735,164 |
Suntec Real Estate Investment Trust | 3,513,357 | 3,147,843 |
United Overseas Bank Ltd. | 2,027,226 | 42,691,083 |
UOL Group Ltd. | 859,420 | 4,225,508 |
Venture Corp., Ltd. | 451,960 | 4,387,409 |
Wilmar International Ltd. | 3,435,695 | 9,616,384 |
361,958,352 | ||
Spain 2.2% | ||
Acciona S.A. | 38,067 | 5,447,516 |
ACS, Actividades de Construccion y Servicios S.A. | 372,359 | 13,090,086 |
Aena SME S.A. | 117,618 | 18,510,216 |
Amadeus IT Group S.A. | 754,701 | 51,849,950 |
Banco Bilbao Vizcaya Argentaria S.A. | 10,015,428 | 78,983,179 |
Banco Santander S.A. | 26,837,042 | 104,917,530 |
Bankinter S.A. | 1,134,053 | 7,281,674 |
CaixaBank S.A. | 6,391,741 | 25,903,783 |
Cellnex Telecom S.A. * | 941,469 | 36,070,356 |
Corp. ACCIONA Energias Renovables S.A. | 97,717 | 2,910,207 |
Enagas S.A. | 418,129 | 7,145,336 |
Endesa S.A. | 526,979 | 10,970,126 |
Ferrovial SE | 813,226 | 25,817,063 |
Grifols S.A. * | 558,073 | 7,659,132 |
Iberdrola S.A. | 10,222,647 | 121,602,813 |
Industria de Diseno Textil S.A. | 1,761,422 | 67,599,795 |
Inmobiliaria Colonial Socimi S.A. | 571,440 | 3,479,391 |
Mapfre S.A. | 1,702,007 | 3,604,029 |
Merlin Properties Socimi S.A. | 551,579 | 4,950,886 |
Naturgy Energy Group S.A. | 228,719 | 6,637,940 |
Redeia Corp. S.A. | 749,371 | 12,204,011 |
Repsol S.A. | 2,144,510 | 33,097,666 |
Telefonica S.A. | 8,367,056 | 34,726,440 |
684,459,125 | ||
Sweden 2.5% | ||
Alfa Laval AB | 520,636 | 18,315,143 |
Assa Abloy AB, B Shares | 1,635,081 | 36,868,053 |
Atlas Copco AB, A Shares | 4,277,796 | 56,627,597 |
Atlas Copco AB, B Shares | 2,542,661 | 29,339,557 |
Axfood AB | 177,784 | 4,297,704 |
Beijer Ref AB | 616,925 | 7,087,660 |
Boliden AB | 463,367 | 12,337,524 |
Castellum AB | 723,988 | 7,735,833 |
Electrolux AB, B Shares | 370,877 | 4,086,458 |
Epiroc AB, A Shares | 1,060,920 | 20,404,730 |
Epiroc AB, B Shares | 615,263 | 10,091,529 |
EQT AB | 568,504 | 11,463,637 |
Essity AB, B Shares | 1,022,359 | 23,873,935 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Evolution AB | 307,361 | 33,296,342 |
Fastighets AB Balder, B Shares * | 1,109,683 | 5,320,447 |
Getinge AB, B Shares | 372,197 | 6,470,169 |
H & M Hennes & Mauritz AB, B Shares | 1,114,242 | 17,042,462 |
Hexagon AB, B Shares | 3,593,407 | 32,127,649 |
Holmen AB, B Shares | 156,940 | 5,955,175 |
Husqvarna AB, B Shares | 706,232 | 6,094,935 |
Industrivarden AB, A Shares | 186,923 | 4,877,113 |
Industrivarden AB, C Shares | 272,226 | 7,090,371 |
Indutrade AB | 469,629 | 9,036,688 |
Investment AB Latour, B Shares | 235,997 | 4,298,633 |
Investor AB, A Shares | 826,955 | 15,806,691 |
Investor AB, B Shares | 2,761,616 | 53,240,407 |
Kinnevik AB, B Shares * | 410,388 | 4,832,878 |
L E Lundbergfortagen AB, B Shares | 119,352 | 4,859,142 |
Lifco AB, B Shares | 385,557 | 7,070,370 |
Nibe Industrier AB, B Shares | 2,488,888 | 18,679,332 |
Saab AB, B Shares | 152,124 | 8,038,333 |
Sagax AB, B Shares | 319,183 | 6,648,978 |
Sandvik AB | 1,801,273 | 34,117,574 |
Securitas AB, B Shares | 811,136 | 6,612,115 |
Skandinaviska Enskilda Banken AB, A Shares | 2,754,506 | 31,985,264 |
Skanska AB, B Shares | 597,038 | 8,756,637 |
SKF AB, B Shares | 642,265 | 10,425,904 |
SSAB AB, A Shares | 285,788 | 1,641,665 |
SSAB AB, B Shares | 1,200,506 | 6,652,728 |
Svenska Cellulosa AB, S.C.A., B Shares | 987,185 | 13,162,587 |
Svenska Handelsbanken AB, A Shares | 2,542,321 | 21,211,741 |
Sweco AB, B Shares | 330,207 | 3,220,678 |
Swedbank AB, A Shares | 1,716,063 | 30,427,094 |
Swedish Orphan Biovitrum AB * | 269,610 | 5,210,045 |
Tele2 AB, B Shares | 922,615 | 6,516,502 |
Telefonaktiebolaget LM Ericsson, B Shares | 4,947,638 | 25,452,328 |
Telia Co. AB | 4,211,179 | 8,503,198 |
Trelleborg AB, B Shares | 384,527 | 9,776,557 |
Volvo AB, A Shares | 364,308 | 7,465,887 |
Volvo AB, B Shares | 2,531,910 | 51,147,361 |
Volvo Car AB, B Shares * | 898,670 | 3,424,005 |
779,025,345 | ||
Switzerland 8.2% | ||
ABB Ltd. | 2,506,714 | 95,614,146 |
Adecco Group AG | 265,081 | 11,443,576 |
Alcon, Inc. | 823,763 | 68,941,479 |
Bachem Holding AG | 57,581 | 5,388,134 |
Baloise Holding AG | 74,934 | 11,724,743 |
Banque Cantonale Vaudoise | 48,503 | 5,260,784 |
Barry Callebaut AG | 5,982 | 10,443,526 |
Belimo Holding AG | 15,338 | 8,088,809 |
BKW AG | 29,621 | 5,097,529 |
Chocoladefabriken Lindt & Spruengli AG | 165 | 19,465,610 |
Chocoladefabriken Lindt & Spruengli AG, Participation Certificates | 1,793 | 21,457,130 |
Cie Financiere Richemont S.A., Class A | 859,153 | 122,173,356 |
Clariant AG * | 381,617 | 6,368,565 |
DKSH Holding AG | 59,787 | 4,575,829 |
Emmi AG | 3,544 | 3,819,856 |
EMS-Chemie Holding AG | 11,713 | 8,812,101 |
Flughafen Zuerich AG | 30,700 | 6,329,431 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Geberit AG | 55,785 | 28,964,620 |
Georg Fischer AG | 138,705 | 8,982,650 |
Givaudan S.A. | 13,427 | 44,814,940 |
Helvetia Holding AG | 57,325 | 8,735,856 |
Holcim AG * | 879,669 | 58,322,578 |
Julius Baer Group Ltd. | 354,856 | 24,692,273 |
Kuehne & Nagel International AG | 86,131 | 25,929,502 |
Logitech International S.A. | 270,969 | 18,793,729 |
Lonza Group AG | 125,030 | 69,207,095 |
Nestle S.A. | 4,503,988 | 542,569,169 |
Novartis AG | 3,394,167 | 343,201,874 |
Partners Group Holding AG | 36,824 | 39,823,702 |
PSP Swiss Property AG | 78,924 | 9,596,873 |
Roche Holding AG | 1,162,637 | 342,637,318 |
Roche Holding AG, Bearer Shares | 52,010 | 16,263,982 |
Schindler Holding AG | 31,436 | 6,616,419 |
Schindler Holding AG, Participation Certificates | 68,646 | 15,322,456 |
SGS S.A. | 247,289 | 22,504,489 |
SIG Group AG * | 554,279 | 14,609,244 |
Sika AG | 243,330 | 68,983,676 |
Sonova Holding AG | 85,474 | 22,615,651 |
Straumann Holding AG | 178,905 | 27,142,112 |
Swiss Life Holding AG | 51,082 | 32,074,811 |
Swiss Prime Site AG | 127,993 | 12,302,978 |
Swiss Re AG | 483,159 | 46,989,367 |
Swisscom AG | 43,186 | 26,305,200 |
Tecan Group AG | 21,612 | 8,637,459 |
Temenos AG | 103,994 | 8,272,424 |
The Swatch Group AG | 86,859 | 4,636,741 |
The Swatch Group AG, Bearer Shares | 48,989 | 13,794,016 |
UBS Group AG | 5,074,109 | 135,003,183 |
VAT Group AG | 43,316 | 17,380,346 |
Zurich Insurance Group AG | 248,767 | 116,884,580 |
2,597,615,917 | ||
United Kingdom 13.0% | ||
3i Group plc | 1,593,781 | 40,259,898 |
abrdn plc | 3,241,387 | 6,781,187 |
Admiral Group plc | 501,477 | 15,822,611 |
Airtel Africa plc | 1,911,212 | 2,760,842 |
Anglo American plc | 2,023,236 | 53,851,402 |
Antofagasta plc | 591,262 | 10,848,666 |
Ashtead Group plc | 731,833 | 51,226,353 |
Associated British Foods plc | 564,428 | 14,250,650 |
AstraZeneca plc | 2,487,374 | 336,052,825 |
Auto Trader Group plc | 1,564,898 | 12,024,666 |
Aviva plc | 4,634,419 | 22,033,623 |
B&M European Value Retail S.A. | 1,620,299 | 11,859,056 |
BAE Systems plc | 5,114,667 | 65,296,545 |
Barclays plc | 25,956,728 | 48,468,250 |
Barratt Developments plc | 1,600,237 | 9,191,742 |
Beazley plc | 1,099,704 | 7,608,451 |
Berkeley Group Holdings plc | 179,706 | 9,247,479 |
BP plc | 29,057,992 | 179,501,467 |
British American Tobacco plc | 3,787,140 | 125,850,411 |
BT Group plc | 11,623,952 | 17,027,050 |
Bunzl plc | 567,920 | 20,365,796 |
Burberry Group plc | 632,178 | 17,495,236 |
Centrica plc | 9,617,319 | 18,493,133 |
Coca-Cola HBC AG * | 324,266 | 9,360,152 |
Compass Group plc | 2,927,825 | 73,940,128 |
ConvaTec Group plc | 2,702,253 | 7,957,743 |
CRH plc | 1,248,809 | 71,889,678 |
Croda International plc | 232,388 | 16,260,649 |
DCC plc | 167,255 | 9,170,516 |
Dechra Pharmaceuticals plc | 186,428 | 8,990,994 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Derwent London plc | 188,600 | 4,440,329 |
Diageo plc | 3,721,841 | 152,967,617 |
Direct Line Insurance Group plc * | 2,154,562 | 4,426,941 |
Dowlais Group plc * | 2,230,054 | 3,210,122 |
DS Smith plc | 2,103,592 | 8,324,560 |
Endeavour Mining plc | 311,894 | 6,374,838 |
Entain plc | 1,076,863 | 15,794,622 |
Experian plc | 1,536,842 | 53,787,415 |
Ferguson plc | 343,592 | 55,924,864 |
Flutter Entertainment plc * | 294,902 | 53,847,988 |
Fresnillo plc | 302,639 | 2,206,595 |
Glencore plc | 21,020,073 | 112,255,611 |
GSK plc | 6,781,951 | 119,349,921 |
Haleon plc | 8,826,673 | 36,070,697 |
Halma plc | 638,019 | 17,333,496 |
Hargreaves Lansdown plc | 640,906 | 6,181,885 |
Hikma Pharmaceuticals plc | 276,679 | 7,674,494 |
Hiscox Ltd. | 568,847 | 7,190,120 |
Howden Joinery Group plc | 855,788 | 8,022,474 |
HSBC Holdings plc | 33,601,436 | 248,272,525 |
IMI plc | 421,221 | 8,016,923 |
Imperial Brands plc | 1,531,762 | 34,733,678 |
Informa plc | 2,373,870 | 21,982,812 |
InterContinental Hotels Group plc | 286,361 | 21,604,812 |
Intermediate Capital Group plc | 459,773 | 7,879,679 |
International Consolidated Airlines Group S.A. * | 1,909,530 | 3,919,849 |
Intertek Group plc | 266,933 | 14,003,300 |
ITV plc | 5,934,296 | 5,323,904 |
J Sainsbury plc | 2,948,521 | 10,091,520 |
J.D. Sports Fashion plc | 4,206,735 | 7,742,640 |
Johnson Matthey plc | 294,923 | 6,091,497 |
Kingfisher plc | 3,294,382 | 9,768,269 |
Land Securities Group plc | 1,249,336 | 9,539,732 |
Legal & General Group plc | 9,978,395 | 27,652,682 |
Lloyds Banking Group plc | 110,406,511 | 59,255,293 |
London Stock Exchange Group plc | 716,987 | 74,299,548 |
M&G plc | 3,669,698 | 8,881,605 |
Melrose Industries plc | 2,230,054 | 14,485,109 |
Mondi plc | 795,973 | 13,253,222 |
National Grid plc | 6,208,584 | 77,901,042 |
NatWest Group plc | 9,343,261 | 27,277,762 |
Next plc | 205,873 | 18,229,723 |
NMC Health plc *(b) | 136,583 | 0 |
Ocado Group plc * | 1,005,378 | 11,103,870 |
Pearson plc | 1,207,131 | 12,833,471 |
Persimmon plc | 528,966 | 7,145,173 |
Phoenix Group Holdings plc | 1,206,456 | 7,964,839 |
Prudential plc | 4,611,336 | 56,457,492 |
Reckitt Benckiser Group plc | 1,201,867 | 86,838,319 |
RELX plc | 3,202,099 | 104,603,315 |
Renishaw plc | 58,714 | 2,706,650 |
Rentokil Initial plc | 4,250,630 | 32,414,048 |
Rightmove plc | 1,349,490 | 9,576,030 |
Rio Tinto plc | 1,836,839 | 113,409,836 |
Rolls-Royce Holdings plc * | 14,294,042 | 40,264,499 |
RS Group plc | 783,784 | 7,550,088 |
Schroders plc | 1,384,606 | 7,225,041 |
Segro plc | 2,046,068 | 19,118,375 |
Severn Trent plc | 416,509 | 12,666,698 |
Shell plc | 11,513,784 | 351,830,209 |
Smith & Nephew plc | 1,463,658 | 19,845,003 |
Smiths Group plc | 588,714 | 12,234,212 |
Smurfit Kappa Group plc | 433,464 | 18,257,522 |
Spirax-Sarco Engineering plc | 126,445 | 16,238,772 |
SSE plc | 1,832,101 | 37,759,937 |
St. James's Place plc | 921,504 | 10,331,660 |
Standard Chartered plc | 3,874,124 | 34,933,109 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Tate & Lyle plc | 653,576 | 5,851,080 |
Taylor Wimpey plc | 5,993,495 | 8,680,688 |
Tesco plc | 12,184,395 | 41,022,612 |
The British Land Co., plc | 1,673,489 | 6,862,133 |
The Sage Group plc | 1,724,524 | 21,218,577 |
The Unite Group plc | 599,947 | 7,149,892 |
The Weir Group plc | 434,694 | 10,104,833 |
Unilever plc | 4,231,140 | 216,711,265 |
United Utilities Group plc | 1,152,063 | 13,824,645 |
Vodafone Group plc | 36,611,425 | 33,963,686 |
Whitbread plc | 343,614 | 14,978,112 |
Wise plc, Class A * | 1,173,593 | 9,520,526 |
WPP plc | 1,760,078 | 17,079,496 |
4,139,754,627 | ||
Total Common Stocks (Cost $27,263,941,630) | 31,416,137,272 | |
PREFERRED STOCKS 0.5% OF NET ASSETS | ||
Germany 0.3% | ||
Bayerische Motoren Werke AG | 96,165 | 9,263,073 |
FUCHS SE | 120,321 | 5,001,611 |
Henkel AG & Co. KGaA | 273,221 | 20,971,333 |
Sartorius AG | 41,028 | 16,805,519 |
Sixt SE | 22,308 | 1,450,298 |
Volkswagen AG | 335,215 | 41,126,836 |
94,618,670 | ||
Italy 0.0% | ||
Telecom Italia S.p.A. - RSP * | 10,743,743 | 3,299,983 |
Republic of Korea 0.2% | ||
Hyundai Motor Co., Ltd. | 33,998 | 2,618,496 |
Hyundai Motor Co., Ltd. 2nd | 55,453 | 4,367,435 |
LG Chem Ltd. | 13,743 | 3,550,773 |
LG Electronics, Inc. | 13,984 | 495,669 |
LG H&H Co., Ltd. | 2,999 | 433,825 |
Samsung Electronics Co., Ltd. | 1,392,298 | 56,882,233 |
Samsung SDI Co., Ltd. | 3,312 | 751,731 |
69,100,162 | ||
Spain 0.0% | ||
Grifols S.A., B Shares * | 412,006 | 3,914,979 |
Total Preferred Stocks (Cost $169,925,156) | 170,933,794 | |
RIGHTS 0.0% OF NET ASSETS | ||
Canada 0.0% | ||
Constellation Software, Inc. | ||
expires 09/29/23, strike CAD 1.33 * | 31,758 | 17,605 |
Sweden 0.0% | ||
Swedish Orphan Biovitrum AB | ||
expires 09/14/23, strike SEK 142.00 * | 269,610 | 243,513 |
Total Rights (Cost $14,084) | 261,118 | |
SECURITY | NUMBER OF SHARES | VALUE ($) |
WARRANTS 0.0% OF NET ASSETS | ||
Canada 0.0% | ||
Constellation Software, Inc. | ||
expires 03/31/40 *(b) | 31,758 | 162,904 |
Total Warrants (Cost $0) | 162,904 |
SHORT-TERM INVESTMENTS 0.1% OF NET ASSETS | ||
Money Market Funds 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (c) | 12,098,604 | 12,098,604 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (c)(d) | 14,664,226 | 14,664,226 |
26,762,830 | ||
Total Short-Term Investments (Cost $26,762,830) | 26,762,830 | |
Total Investments in Securities (Cost $27,460,643,700) | 31,614,257,918 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED DEPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
MSCI EAFE Index, expires 09/15/23 | 1,630 | 171,907,950 | (2,030,703 ) |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $13,962,850. |
(b) | Fair valued using significant unobservable inputs (see financial note 2(a), Securities for which no quoted value is available, for additional information). |
(c) | The rate shown is the annualized 7-day yield. |
(d) | Security purchased with cash collateral received for securities on loan. |
CVA — | Dutch Certificate |
GDR — | Global Depositary Receipt |
REIT — | Real Estate Investment Trust |
RSP — | Risparmio (Savings Shares) |
CAD — | Canadian Dollar |
SEK — | Swedish Krona |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Common Stocks1 | $24,446,878,732 | $— | $— | $24,446,878,732 |
Australia | 2,125,355,960 | — | 3,243,724 | 2,128,599,684 |
Hong Kong | 700,904,229 | — | 0 * | 700,904,229 |
United Kingdom | 4,139,754,627 | — | 0 * | 4,139,754,627 |
Preferred Stocks1 | 170,933,794 | — | — | 170,933,794 |
Rights1 | 261,118 | — | — | 261,118 |
Warrants1 | ||||
Canada | — | — | 162,904 | 162,904 |
Short-Term Investments1 | 26,762,830 | — | — | 26,762,830 |
Liabilities | ||||
Futures Contracts2 | (2,030,703 ) | — | — | (2,030,703 ) |
Total | $31,608,820,587 | $— | $3,406,628 | $31,612,227,215 |
* | Level 3 amount shown includes securities determined to have no value at August 31, 2023. |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - unaffiliated (cost $27,460,643,700) including securities on loan of $13,962,850 | $31,614,257,918 | |
Foreign currency, at value (cost $24,252,863) | 24,165,705 | |
Deposit with broker for futures contracts | 7,733,689 | |
Receivables: | ||
Dividends | 79,056,463 | |
Foreign tax reclaims | 43,230,542 | |
Investments sold | 2,375,518 | |
Income from securities on loan | + | 103,183 |
Total assets | 31,770,923,018 | |
Liabilities | ||
Collateral held for securities on loan | 14,664,226 | |
Payables: | ||
Investments bought | 1,726,158 | |
Management fees | 1,607,265 | |
Variation margin on futures contracts | + | 786,387 |
Total liabilities | 18,784,036 | |
Net assets | $31,752,138,982 | |
Net Assets by Source | ||
Capital received from investors | $29,498,707,478 | |
Total distributable earnings | + | 2,253,431,504 |
Net assets | $31,752,138,982 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$31,752,138,982 | 900,000,000 | $35.28 | ||
For the period September 1, 2022 through August 31, 2023 | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $86,524,980) | $946,169,761 | |
Securities on loan, net | + | 2,872,780 |
Total investment income | 949,042,541 | |
Expenses | ||
Management fees | 17,711,916 | |
Proxy fees1 | 441,999 | |
Professional fees | + | 117,319 2 |
Total expenses | 18,271,234 | |
Expense reduction | – | 117,319 2 |
Net expenses | – | 18,153,915 |
Net investment income | 930,888,626 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated | (545,291,697 ) | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 49,735,902 | |
Net realized gains on futures contracts | 11,986,038 | |
Net realized losses on foreign currency transactions | + | (4,969,787 ) |
Net realized losses | (488,539,544 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 3,992,441,818 | |
Net change in unrealized appreciation (depreciation) on futures contracts | 3,528,835 | |
Net change in unrealized appreciation (depreciation) on foreign currency translations | + | 4,707,239 |
Net change in unrealized appreciation (depreciation) | + | 4,000,677,892 |
Net realized and unrealized gains | 3,512,138,348 | |
Increase in net assets resulting from operations | $4,443,026,974 |
1 | Proxy fees are non-routine expenses (see financial note 2(e) for additional information). |
2 | Professional fees associated with the filing of tax claims in the European Union deemed to be non-contingent and non-routine expenses of the fund (see financial notes 2(d) and 4 for additional information). |
OPERATIONS | |||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||
Net investment income | $930,888,626 | $889,791,567 | |
Net realized losses | (488,539,544 ) | (456,847,527 ) | |
Net change in unrealized appreciation (depreciation) | + | 4,000,677,892 | (6,288,864,961 ) |
Increase (decrease) in net assets resulting from operations | $4,443,026,974 | ($5,855,920,921 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($892,762,840 ) | ($883,078,400 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 69,200,000 | $2,199,189,931 | 126,500,000 | $4,520,915,430 | |
Shares redeemed | + | (3,300,000 ) | (117,312,049 ) | — | — |
Net transactions in fund shares | 65,900,000 | $2,081,877,882 | 126,500,000 | $4,520,915,430 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 834,100,000 | $26,119,996,966 | 707,600,000 | $28,338,080,857 | |
Total increase (decrease) | + | 65,900,000 | 5,632,142,016 | 126,500,000 | (2,218,083,891 ) |
End of period | 900,000,000 | $31,752,138,982 | 834,100,000 | $26,119,996,966 |
9/1/22– 8/31/23 | 9/1/21– 8/31/22 | 9/1/20– 8/31/21 | 9/1/19– 8/31/20 | 9/1/18– 8/31/19 | ||
Per-Share Data | ||||||
Net asset value at beginning of period | $31.67 | $43.21 | $33.20 | $31.15 | $35.86 | |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 0.96 | 0.93 | 0.72 | 0.64 | 0.82 | |
Net realized and unrealized gains (losses) | 2.12 | (11.45 ) | 10.11 | 2.36 | (4.63 ) | |
Total from investment operations | 3.08 | (10.52 ) | 10.83 | 3.00 | (3.81 ) | |
Less distributions: | ||||||
Distributions from net investment income | (0.73 ) | (1.02 ) | (0.82 ) | (0.95 ) | (0.90 ) | |
Net asset value at end of period | $34.02 | $31.67 | $43.21 | $33.20 | $31.15 | |
Total return | 9.87 % | (24.85 %) | 33.01 % | 9.63 % | (10.57 %) | |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.11 % | 0.11 %2 | 0.11 % | 0.11 %3 | 0.12 % | |
Net investment income (loss) | 2.95 % | 2.49 % | 1.87 % | 2.07 % | 2.54 % | |
Portfolio turnover rate4 | 15 % | 18 % | 22 % | 17 % | 20 % | |
Net assets, end of period (x 1,000,000) | $3,767 | $3,383 | $3,832 | $2,596 | $2,187 |
1 | Calculated based on the average shares outstanding during the period. |
2 | Ratio includes less than 0.005% of non-routine proxy expenses. |
3 | Effective February 25, 2020, the annual operating expense ratio was reduced to 0.11%. The ratio presented for the period ended August 31, 2020 is a blended ratio. |
4 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.5% OF NET ASSETS | ||
Australia 6.2% | ||
Abacus Group | 986,814 | 757,345 |
Abacus Storage King * | 986,814 | 795,692 |
Accent Group Ltd. | 642,138 | 852,555 |
Alkane Resources Ltd. * | 818,899 | 355,341 |
APM Human Services International Ltd. | 546,221 | 654,456 |
Appen Ltd. *(a) | 255,900 | 262,688 |
Arafura Rare Earths Ltd. * | 3,352,319 | 531,927 |
ARB Corp., Ltd. | 144,465 | 3,162,421 |
Arena REIT | 629,065 | 1,511,506 |
Argosy Minerals Ltd. * | 2,411,057 | 405,995 |
AUB Group Ltd. | 163,415 | 3,262,915 |
Audinate Group Ltd. * | 126,926 | 1,146,740 |
Aussie Broadband Ltd. * | 345,844 | 799,629 |
Austal Ltd. | 612,237 | 773,205 |
Australian Agricultural Co., Ltd. * | 615,076 | 577,613 |
Australian Clinical Labs Ltd. (a) | 256,197 | 489,482 |
Australian Ethical Investment Ltd. | 219,701 | 640,302 |
Australian Finance Group Ltd. | 392,700 | 401,845 |
AVZ Minerals Ltd. *(b) | 641,362 | 62,307 |
Baby Bunting Group Ltd. (a) | 237,557 | 338,478 |
Bapcor Ltd. | 641,234 | 2,761,713 |
Bega Cheese Ltd. | 562,009 | 1,095,595 |
Bellevue Gold Ltd. * | 2,033,889 | 2,226,149 |
Boss Energy Ltd. * | 636,113 | 1,429,566 |
BrainChip Holdings Ltd. *(a) | 1,563,204 | 323,971 |
Breville Group Ltd. | 275,031 | 4,383,627 |
Brickworks Ltd. | 115,513 | 2,046,108 |
BWP Trust | 936,904 | 2,245,107 |
Calix Ltd. * | 296,073 | 736,326 |
Capricorn Metals Ltd. * | 599,967 | 1,771,873 |
Carnarvon Energy Ltd. * | 3,320,638 | 344,098 |
Cedar Woods Properties Ltd. | 125,587 | 435,963 |
Centuria Capital Group | 1,414,784 | 1,360,683 |
Centuria Industrial REIT | 1,020,464 | 2,035,583 |
Centuria Office REIT | 872,041 | 725,739 |
Chalice Mining Ltd. * | 638,500 | 1,476,282 |
Champion Iron Ltd. | 886,706 | 3,497,335 |
Charter Hall Long Wale REIT | 1,267,802 | 2,906,665 |
Charter Hall Retail REIT | 952,273 | 2,152,421 |
Charter Hall Social Infrastructure REIT | 659,545 | 1,213,118 |
Clinuvel Pharmaceuticals Ltd. | 74,542 | 926,921 |
Codan Ltd. | 227,279 | 1,156,970 |
Collins Foods Ltd. | 213,546 | 1,371,966 |
Cooper Energy Ltd. * | 4,952,839 | 384,925 |
Core Lithium Ltd. *(a) | 3,538,488 | 905,222 |
Coronado Global Resources, Inc. | 1,447,436 | 1,481,142 |
Corporate Travel Management Ltd. | 214,870 | 2,595,344 |
Costa Group Holdings Ltd. | 830,955 | 1,533,779 |
Credit Corp. Group Ltd. | 109,198 | 1,514,160 |
Cromwell Property Group | 2,633,249 | 827,130 |
Data#3 Ltd. | 277,628 | 1,332,361 |
De Grey Mining Ltd. * | 2,424,247 | 2,245,191 |
Dexus Industria REIT | 385,928 | 702,349 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Dicker Data Ltd. | 97,757 | 624,893 |
Eagers Automotive Ltd. | 371,199 | 3,846,512 |
Elders Ltd. | 293,860 | 1,225,651 |
Emeco Holdings Ltd. | 1,045,800 | 447,026 |
Estia Health Ltd. | 439,126 | 861,732 |
Event Hospitality & Entertainment Ltd. | 203,954 | 1,615,470 |
Firefinch Ltd. *(b) | 2,051,119 | 66,420 |
FleetPartners Group Ltd. * | 473,561 | 901,703 |
G.U.D. Holdings Ltd. | 270,364 | 2,125,729 |
G8 Education Ltd. | 1,517,454 | 1,110,540 |
GDI Property Group Partnership | 815,554 | 338,044 |
Gold Road Resources Ltd. | 2,051,870 | 2,358,786 |
Goulamina Holdings Pty Ltd. *(b) | 1,797,999 | 1,327,500 |
GQG Partners, Inc. | 1,189,658 | 1,194,247 |
GrainCorp Ltd., Class A | 427,840 | 2,022,761 |
Growthpoint Properties Australia Ltd. | 520,828 | 850,032 |
GWA Group Ltd. | 524,453 | 652,151 |
Hansen Technologies Ltd. | 315,471 | 1,119,645 |
Healius Ltd. | 999,155 | 1,811,887 |
Helia Group Ltd. | 654,091 | 1,643,653 |
Home Consortium Ltd. | 471,412 | 1,642,568 |
HomeCo Daily Needs REIT | 3,343,800 | 2,652,874 |
Hotel Property Investments | 358,387 | 700,970 |
HUB24 Ltd. | 107,291 | 2,243,041 |
Imdex Ltd. | 962,232 | 1,009,567 |
Imugene Ltd. * | 11,717,178 | 516,027 |
Infomedia Ltd. | 719,618 | 782,982 |
Ingenia Communities Group | 713,390 | 1,926,653 |
Inghams Group Ltd. | 357,667 | 806,118 |
Integral Diagnostics Ltd. | 320,446 | 620,535 |
InvoCare Ltd. | 272,816 | 2,217,450 |
ioneer Ltd. * | 3,954,344 | 614,647 |
IPH Ltd. | 336,434 | 1,662,512 |
IRESS Ltd. | 354,706 | 1,470,242 |
Johns Lyng Group Ltd. | 336,959 | 1,401,046 |
Judo Capital Holdings Ltd. * | 973,251 | 579,900 |
Jumbo Interactive Ltd. | 95,956 | 950,211 |
Karoon Energy Ltd. * | 974,107 | 1,514,113 |
Kelsian Group Ltd. | 378,891 | 1,555,765 |
Kogan.com Ltd. * | 134,690 | 472,797 |
Lake Resources NL *(a) | 2,584,858 | 368,298 |
Life360, Inc. * | 339,601 | 2,052,064 |
Lifestyle Communities Ltd. | 180,460 | 2,035,961 |
Link Administration Holdings Ltd. | 935,678 | 812,029 |
Liontown Resources Ltd. * | 3,321,222 | 5,850,691 |
Lovisa Holdings Ltd. | 102,530 | 1,486,111 |
Macquarie Technology Group Ltd. * | 17,823 | 771,308 |
Mayne Pharma Group Ltd. | 167,390 | 397,865 |
McMillan Shakespeare Ltd. | 111,932 | 1,291,096 |
Megaport Ltd. * | 290,164 | 2,262,613 |
Mesoblast Ltd. *(a) | 1,265,443 | 417,978 |
Monadelphous Group Ltd. | 170,892 | 1,623,649 |
Mount Gibson Iron Ltd. * | 1,386,693 | 404,141 |
Myer Holdings Ltd. | 1,576,832 | 684,228 |
MyState Ltd. | 206,070 | 437,753 |
Nanosonics Ltd. * | 438,105 | 1,188,865 |
National Storage REIT | 2,356,506 | 3,540,763 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Neometals Ltd. *(a) | 898,723 | 296,849 |
Netwealth Group Ltd. | 162,385 | 1,578,581 |
Neuren Pharmaceuticals Ltd. * | 210,150 | 1,712,184 |
nib Holdings Ltd. | 932,515 | 5,024,808 |
Nick Scali Ltd. | 85,619 | 693,694 |
Nickel Industries Ltd. | 2,851,061 | 1,467,959 |
Nine Entertainment Co. Holdings Ltd. | 2,806,359 | 3,744,129 |
NRW Holdings Ltd. (b) | 822,821 | 1,449,488 |
OFX Group Ltd. * | 420,039 | 470,626 |
Omni Bridgeway Ltd. * | 478,449 | 650,722 |
oOh!media Ltd. | 879,704 | 831,821 |
Opthea Ltd. * | 900,504 | 250,781 |
Opthea Ltd. *(b) | 293,324 | 81,688 |
Paladin Energy Ltd. * | 5,648,889 | 3,091,435 |
Paradigm Biopharmaceuticals Ltd. * | 509,311 | 201,212 |
Perenti Ltd. * | 1,303,374 | 894,778 |
Perseus Mining Ltd. | 2,592,258 | 3,164,681 |
PEXA Group Ltd. * | 253,634 | 1,893,987 |
Pinnacle Investment Management Group Ltd. | 188,227 | 1,141,033 |
PointsBet Holdings Ltd. *(a) | 429,193 | 451,696 |
PolyNovo Ltd. * | 1,210,113 | 1,167,757 |
PPK Mining Equipment Group *(b) | 78,953 | 1,437 |
Praemium Ltd. * | 877,223 | 409,056 |
Premier Investments Ltd. | 157,425 | 2,619,257 |
PWR Holdings Ltd. | 116,822 | 819,395 |
Ramelius Resources Ltd. | 1,802,674 | 1,605,315 |
Regis Healthcare Ltd. | 264,140 | 434,518 |
Regis Resources Ltd. * | 1,356,295 | 1,423,015 |
Reliance Worldwide Corp., Ltd. | 1,511,747 | 4,092,566 |
Resolute Mining Ltd. * | 4,136,672 | 991,273 |
Rural Funds Group | 705,319 | 986,688 |
Sandfire Resources Ltd. * | 869,979 | 3,769,426 |
Sayona Mining Ltd. * | 13,922,803 | 991,881 |
Select Harvests Ltd. | 234,314 | 635,847 |
Service Stream Ltd. | 1,082,150 | 630,769 |
Seven West Media Ltd. * | 1,784,108 | 346,643 |
Sigma Healthcare Ltd. | 1,560,242 | 808,392 |
Silex Systems Ltd. *(a) | 371,726 | 770,395 |
Silver Lake Resources Ltd. * | 1,628,069 | 1,038,602 |
SiteMinder Ltd. * | 415,576 | 1,316,133 |
SmartGroup Corp., Ltd. | 162,447 | 904,796 |
Solvar Ltd. | 367,357 | 305,726 |
St. Barbara Ltd. * | 1,538,442 | 199,274 |
Stanmore Resources Ltd. * | 453,217 | 851,225 |
Strike Energy Ltd. * | 4,690,862 | 1,169,644 |
Super Retail Group Ltd. | 306,967 | 2,580,517 |
Superloop Ltd. * | 782,381 | 357,230 |
Syrah Resources Ltd. * | 1,250,315 | 469,664 |
Technology One Ltd. | 535,153 | 5,340,980 |
Telix Pharmaceuticals Ltd. * | 325,914 | 2,334,525 |
Temple & Webster Group Ltd. * | 202,440 | 943,994 |
Tietto Minerals Ltd. * | 1,900,397 | 596,934 |
Tyro Payments Ltd. * | 643,745 | 589,944 |
United Malt Grp Ltd. * | 519,329 | 1,658,173 |
Ventia Services Group Pty Ltd. | 829,787 | 1,461,759 |
Virgin Australia Holdings Pty. Ltd. *(b) | 424,000 | 0 |
Viva Energy Group Ltd. | 1,600,844 | 3,234,774 |
Vulcan Energy Resources Ltd. * | 202,076 | 446,282 |
Vulcan Steel Ltd. | 179,277 | 917,259 |
Waypoint REIT Ltd. | 1,303,035 | 2,109,776 |
Webjet Ltd. * | 730,931 | 3,304,244 |
Weebit Nano Ltd. *(a) | 341,188 | 879,462 |
West African Resources Ltd. * | 2,032,315 | 1,125,375 |
Westgold Resources Ltd. * | 794,482 | 833,565 |
Zip Co., Ltd. *(a) | 1,343,972 | 269,831 |
233,873,107 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Austria 0.9% | ||
Agrana Beteiligungs AG | 22,560 | 381,974 |
AT&S Austria Technologie & Systemtechnik AG | 49,605 | 1,771,296 |
BAWAG Group AG | 153,356 | 7,247,011 |
CA Immobilien Anlagen AG | 79,339 | 2,634,983 |
DO & Co. AG | 13,047 | 1,520,844 |
EVN AG | 68,384 | 1,695,940 |
Flughafen Wien AG | 10,432 | 526,490 |
IMMOFINANZ AG * | 59,687 | 1,151,811 |
Lenzing AG *(a) | 38,131 | 1,812,684 |
Mayr Melnhof Karton AG (a) | 16,234 | 2,304,639 |
Oesterreichische Post AG (a) | 62,553 | 2,158,962 |
Palfinger AG | 26,288 | 704,732 |
Porr AG | 23,335 | 305,439 |
Schoeller-Bleckmann Oilfield Equipment AG | 21,087 | 1,174,091 |
Strabag SE | 24,275 | 1,036,749 |
UNIQA Insurance Group AG | 212,678 | 1,715,067 |
Vienna Insurance Group AG Wiener Versicherung Gruppe | 72,268 | 1,941,292 |
Wienerberger AG | 202,862 | 5,601,283 |
35,685,287 | ||
Belgium 1.4% | ||
Aedifica S.A. | 90,436 | 6,065,960 |
AGFA-Gevaert N.V. * | 252,901 | 577,793 |
Barco N.V. | 133,978 | 2,879,177 |
Bekaert S.A. | 63,555 | 3,018,539 |
bpost S.A. | 190,866 | 899,473 |
Cofinimmo S.A. | 63,063 | 4,921,225 |
Deme Group NV | 13,750 | 1,611,744 |
Econocom Group S.A. N.V. | 195,929 | 592,234 |
Etablissements Franz Colruyt N.V. | 93,216 | 3,564,288 |
Euronav N.V. | 236,510 | 4,131,523 |
Fagron | 111,799 | 1,996,060 |
Gimv N.V. | 38,890 | 1,789,672 |
KBC Ancora | 67,865 | 3,014,055 |
Kinepolis Group N.V. | 25,106 | 1,196,222 |
Melexis N.V. | 38,559 | 3,649,320 |
Montea N.V. | 27,534 | 2,214,406 |
Ontex Group N.V. * | 122,113 | 988,713 |
Retail Estates N.V. | 21,520 | 1,326,662 |
Shurgard Self Storage Ltd. | 49,003 | 2,252,401 |
Tessenderlo Group S.A. | 43,156 | 1,339,606 |
Van de Velde N.V. | 10,627 | 384,083 |
VGP N.V. | 19,653 | 2,054,116 |
Xior Student Housing N.V. | 59,004 | 1,735,483 |
52,202,755 | ||
Canada 21.7% | ||
Air Canada * | 334,289 | 5,638,401 |
Alamos Gold, Inc., Class A | 748,184 | 9,611,174 |
Algonquin Power & Utilities Corp. | 1,309,353 | 9,900,352 |
Allied Properties Real Estate Investment Trust | 242,940 | 3,729,527 |
AltaGas Ltd. | 536,746 | 10,481,414 |
ARC Resources Ltd. | 1,181,486 | 17,998,024 |
Aritzia, Inc. * | 172,817 | 3,167,790 |
Artis Real Estate Investment Trust | 152,837 | 790,760 |
Atco Ltd., Class I | 144,725 | 3,989,979 |
ATS Corp. * | 142,953 | 6,405,123 |
B2Gold Corp. | 2,042,060 | 6,278,850 |
Ballard Power Systems, Inc. * | 483,271 | 2,032,456 |
Bausch Health Cos., Inc. * | 606,879 | 5,059,755 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Baytex Energy Corp. * | 1,310,566 | 5,327,701 |
BlackBerry Ltd. * | 998,195 | 5,562,948 |
Boardwalk Real Estate Investment Trust | 70,035 | 3,539,150 |
Bombardier, Inc., Class B * | 162,858 | 6,634,933 |
Boralex, Inc., Class A | 155,113 | 3,758,161 |
Boyd Group Services, Inc. | 40,922 | 7,370,769 |
Brookfield Infrastructure Corp., Class A | 186,941 | 7,256,840 |
Brookfield Renewable Corp., Class A | 244,607 | 6,819,599 |
BRP, Inc. | 67,772 | 5,176,009 |
CAE, Inc. * | 563,823 | 13,581,427 |
Cameco Corp. | 828,973 | 30,635,759 |
Canada Goose Holdings, Inc. *(a) | 92,602 | 1,456,499 |
Canadian Apartment Properties REIT | 318,767 | 11,419,961 |
Canadian Western Bank | 180,311 | 3,503,733 |
Canfor Corp. * | 115,195 | 1,769,283 |
Canopy Growth Corp. *(a) | 675,909 | 384,678 |
Capital Power Corp. | 222,896 | 6,700,307 |
Capstone Copper Corp. * | 841,305 | 3,911,311 |
Cargojet, Inc. | 16,016 | 1,137,498 |
Cascades, Inc. | 182,212 | 1,711,752 |
Celestica, Inc. * | 194,456 | 4,527,413 |
Centerra Gold, Inc. | 428,256 | 2,567,099 |
Chartwell Retirement Residences | 456,587 | 3,465,870 |
Choice Properties Real Estate Investment Trust | 496,834 | 4,814,290 |
CI Financial Corp. | 324,315 | 4,156,563 |
Cogeco Communications, Inc. | 18,980 | 935,708 |
Colliers International Group, Inc. | 59,659 | 6,883,748 |
Crescent Point Energy Corp. | 954,951 | 7,848,816 |
Cronos Group, Inc. *(a) | 376,460 | 762,408 |
Definity Financial Corp. | 142,876 | 3,926,331 |
Dream Industrial Real Estate Investment Trust | 473,724 | 4,828,452 |
Dye & Durham Ltd. | 61,349 | 818,017 |
Eldorado Gold Corp. * | 352,968 | 3,368,060 |
Element Fleet Management Corp. | 753,618 | 11,569,271 |
Emera, Inc. | 522,029 | 19,543,083 |
Enerplus Corp. | 415,195 | 7,092,026 |
Enghouse Systems Ltd. | 84,134 | 1,905,988 |
Equinox Gold Corp. * | 507,830 | 2,556,135 |
Finning International, Inc. | 288,023 | 9,032,718 |
First Capital Real Estate Investment Trust | 407,208 | 4,135,436 |
First Majestic Silver Corp. | 519,293 | 3,181,891 |
First National Financial Corp. | 33,543 | 927,239 |
First Quantum Minerals Ltd. | 1,066,676 | 28,619,194 |
FirstService Corp. | 73,182 | 11,052,351 |
GFL Environmental, Inc. | 377,390 | 12,214,722 |
Gibson Energy, Inc. | 272,515 | 4,092,912 |
Gildan Activewear, Inc. | 339,845 | 10,122,882 |
Granite Real Estate Investment Trust | 114,304 | 6,360,032 |
H&R Real Estate Investment Trust | 506,585 | 3,871,606 |
Home Capital Group, Inc. | 74,257 | 2,429,221 |
Hudbay Minerals, Inc. | 564,473 | 2,803,695 |
iA Financial Corp., Inc. | 200,149 | 12,540,471 |
IAMGOLD Corp. * | 914,200 | 2,263,624 |
Innergex Renewable Energy, Inc. | 299,843 | 2,856,703 |
Ivanhoe Mines Ltd., Class A * | 1,080,362 | 9,598,249 |
Keyera Corp. | 437,075 | 10,783,520 |
Kinaxis, Inc. * | 53,573 | 6,595,702 |
Kinross Gold Corp. | 2,364,651 | 11,989,730 |
Laurentian Bank of Canada | 82,869 | 2,250,960 |
Lightspeed Commerce, Inc. * | 262,167 | 4,274,662 |
Linamar Corp. | 80,389 | 4,213,300 |
Lithium Americas Corp. *(a) | 186,988 | 3,423,403 |
Lundin Gold, Inc. | 244,656 | 2,929,471 |
Lundin Mining Corp. | 1,307,733 | 10,129,747 |
Maple Leaf Foods, Inc. | 144,082 | 3,097,931 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
MEG Energy Corp. * | 547,840 | 9,786,979 |
Methanex Corp. | 105,596 | 4,487,801 |
Mullen Group Ltd. | 164,581 | 1,739,538 |
Northland Power, Inc. | 481,472 | 9,092,435 |
NorthWest Healthcare Properties Real Estate Investment Trust | 412,187 | 2,080,814 |
Novagold Resources, Inc. * | 454,165 | 1,876,479 |
Nuvei Corp. | 117,726 | 2,122,279 |
OceanaGold Corp. | 1,341,315 | 2,894,889 |
Onex Corp. | 130,681 | 8,064,272 |
Open Text Corp. | 513,372 | 20,660,856 |
Osisko Gold Royalties Ltd. | 354,784 | 4,735,873 |
Pan American Silver Corp. | 694,024 | 11,459,770 |
Paramount Resources Ltd., Class A | 144,336 | 3,339,160 |
Parex Resources, Inc. | 202,371 | 3,824,699 |
Parkland Corp. | 261,624 | 6,913,085 |
PrairieSky Royalty Ltd. | 407,868 | 7,792,888 |
Premium Brands Holdings Corp. | 71,059 | 5,455,936 |
Primaris Real Estate Investment Trust | 186,876 | 1,846,729 |
Primo Water Corp. | 300,987 | 4,587,274 |
Quebecor, Inc., Class B | 100,858 | 2,302,748 |
RB Global, Inc. | 347,002 | 21,431,307 |
RioCan Real Estate Investment Trust | 576,803 | 8,232,430 |
Russel Metals, Inc. | 120,706 | 3,585,627 |
SmartCentres Real Estate Investment Trust | 250,230 | 4,448,081 |
SNC-Lavalin Group, Inc. | 336,822 | 10,961,434 |
SSR Mining, Inc. | 397,784 | 5,892,007 |
Stantec, Inc. | 213,277 | 14,228,450 |
Stelco Holdings, Inc. | 80,581 | 2,304,952 |
Stella-Jones, Inc. | 111,891 | 5,424,392 |
Superior Plus Corp. | 319,324 | 2,409,770 |
TFI International, Inc. | 157,990 | 21,500,513 |
The Descartes Systems Group, Inc. * | 161,828 | 12,117,813 |
The North West Co., Inc. | 92,149 | 2,077,345 |
TMX Group Ltd. | 531,023 | 11,735,532 |
Topaz Energy Corp. | 174,643 | 2,803,685 |
Torex Gold Resources, Inc. * | 166,398 | 1,919,859 |
Toromont Industries Ltd. | 154,559 | 12,662,197 |
TransAlta Corp. | 449,700 | 4,311,031 |
TransAlta Renewables, Inc. | 203,450 | 1,977,433 |
Transcontinental, Inc., Class A | 136,802 | 1,337,736 |
Tricon Residential, Inc. | 464,979 | 3,938,549 |
Vermilion Energy, Inc. | 305,181 | 4,439,160 |
West Fraser Timber Co., Ltd. | 148,258 | 11,192,632 |
Westshore Terminals Investment Corp. | 75,200 | 1,616,888 |
Whitecap Resources, Inc. | 564,300 | 4,608,829 |
Winpak Ltd. | 59,786 | 1,765,365 |
WSP Global, Inc. | 224,970 | 31,470,359 |
815,560,453 | ||
Denmark 2.3% | ||
ALK-Abello A/S * | 253,587 | 3,026,301 |
Alm Brand A/S | 1,658,899 | 2,749,149 |
Ambu A/S, Class B * | 352,865 | 4,290,730 |
Bavarian Nordic A/S *(a) | 149,318 | 3,331,249 |
Chemometec A/S * | 29,696 | 1,829,256 |
D/S Norden A/S | 42,804 | 2,061,987 |
Dfds A/S | 55,759 | 1,870,827 |
FLSmidth & Co. A/S (a) | 108,302 | 4,958,555 |
GN Store Nord A/S * | 279,033 | 5,745,675 |
ISS A/S | 293,442 | 5,221,913 |
Jyske Bank A/S * | 88,329 | 6,304,115 |
Netcompany Group A/S * | 62,922 | 2,388,799 |
NKT A/S * | 102,936 | 5,591,293 |
NTG Nordic Transport Group A/S, Class A * | 28,495 | 1,564,394 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Ringkjoebing Landbobank A/S | 52,414 | 7,777,815 |
Scandinavian Tobacco Group A/S, A Shares | 103,362 | 1,572,944 |
Schouw & Co. A/S | 23,909 | 1,758,283 |
SimCorp A/S | 75,349 | 8,026,532 |
Spar Nord Bank A/S | 153,237 | 2,318,544 |
Sydbank A/S | 107,483 | 5,065,058 |
Topdanmark A/S | 83,462 | 3,957,394 |
TORM plc, Class A | 57,973 | 1,430,129 |
Zealand Pharma A/S * | 111,828 | 4,181,977 |
87,022,919 | ||
Finland 1.0% | ||
Cargotec Oyj, B Shares | 92,843 | 4,371,278 |
Citycon Oyj * | 145,921 | 897,988 |
Finnair Oyj *(a) | 1,120,680 | 627,626 |
F-Secure Oyj | 203,510 | 526,798 |
Kemira Oyj | 217,772 | 3,455,565 |
Konecranes Oyj | 136,159 | 4,715,664 |
Metsa Board Oyj, B Shares | 334,153 | 2,674,712 |
Nokian Renkaat Oyj | 239,745 | 2,083,219 |
Oriola Oyj, B Shares | 246,323 | 252,643 |
Outokumpu Oyj | 694,621 | 3,243,307 |
QT Group Oyj *(a) | 37,090 | 2,371,861 |
Raisio Oyj, V Shares | 214,352 | 481,579 |
Revenio Group Oyj | 43,606 | 1,115,989 |
Sanoma Oyj | 142,123 | 1,095,197 |
Terveystalo Oyj | 145,786 | 1,231,020 |
TietoEVRY Oyj | 190,595 | 4,670,949 |
Tokmanni Group Corp. | 95,427 | 1,416,860 |
Uponor Oyj | 104,423 | 3,304,863 |
YIT Oyj | 306,836 | 749,305 |
39,286,423 | ||
France 3.8% | ||
Air France-KLM * | 219,156 | 3,337,190 |
Altarea S.C.A. | 7,337 | 722,263 |
Alten S.A. | 55,369 | 7,890,438 |
Antin Infrastructure Partners S.A. | 50,316 | 748,709 |
ARGAN S.A. | 19,392 | 1,565,904 |
Atos SE *(a) | 186,377 | 1,570,130 |
Believe S.A. * | 28,570 | 290,549 |
Beneteau S.A. | 69,936 | 1,065,707 |
Bonduelle S.C.A. | 24,973 | 298,149 |
Carmila S.A. | 108,991 | 1,703,424 |
Casino Guichard Perrachon S.A. *(a) | 73,433 | 235,754 |
CGG S.A. * | 1,355,799 | 1,070,675 |
Cie Plastic Omnium SE | 104,187 | 1,834,147 |
Clariane SE | 124,857 | 846,960 |
Coface S.A. | 198,812 | 2,669,205 |
Derichebourg S.A. | 182,192 | 998,597 |
Elior Group S.A. * | 216,482 | 486,834 |
Elis S.A. | 365,070 | 6,989,473 |
Equasens | 7,178 | 585,856 |
Eramet S.A. | 18,152 | 1,395,835 |
Etablissements Maurel et Prom S.A. | 100,546 | 481,253 |
Euroapi S.A. * | 89,533 | 1,220,027 |
Eutelsat Communications S.A. (a) | 260,942 | 1,591,659 |
Fnac Darty S.A. | 22,311 | 695,946 |
Forvia SE * | 304,179 | 6,483,961 |
Gaztransport Et Technigaz S.A. | 63,784 | 7,912,754 |
GL Events | 24,758 | 505,177 |
ID Logistics Group * | 4,715 | 1,230,741 |
Imerys S.A. | 74,289 | 2,536,606 |
Interparfums S.A. | 36,611 | 2,423,880 |
IPSOS | 74,721 | 3,748,369 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Jacquet Metals SACA | 24,430 | 476,741 |
Lagardere S.A. | 29,185 | 690,535 |
LISI | 31,669 | 775,087 |
Maisons du Monde S.A. | 77,279 | 723,000 |
Manitou BF S.A. | 22,357 | 587,217 |
Mercialys S.A. | 168,893 | 1,572,782 |
Mersen S.A. | 32,764 | 1,493,537 |
Metropole Television S.A. | 125,557 | 1,722,494 |
Nexans S.A. | 64,195 | 5,298,710 |
Nexity S.A. | 85,662 | 1,423,420 |
OVH Groupe SAS *(a) | 41,480 | 422,516 |
PEUGEOT INVEST | 9,709 | 1,083,272 |
Quadient S.A. | 64,003 | 1,321,237 |
Rothschild & Co. | 53,381 | 2,239,267 |
Rubis S.C.A. | 178,984 | 4,374,741 |
SES S.A. | 720,520 | 5,255,149 |
SES-imagotag S.A. *(a) | 15,079 | 1,790,439 |
SMCP S.A. * | 77,952 | 508,477 |
Societe BIC S.A. | 46,832 | 2,998,917 |
Sopra Steria Group S.A. | 27,394 | 6,041,557 |
SPIE S.A. | 244,501 | 7,340,109 |
Technip Energies N.V. | 258,925 | 6,005,487 |
Television Francaise 1 | 200,843 | 1,631,617 |
Trigano S.A. | 15,066 | 2,125,744 |
Vallourec S.A. * | 313,777 | 4,207,591 |
Valneva SE *(a) | 191,558 | 1,323,955 |
Verallia S.A. | 134,029 | 6,418,063 |
Vetoquinol S.A. | 7,195 | 689,543 |
Vicat S.A. | 29,180 | 986,536 |
Virbac S.A. | 8,320 | 2,492,310 |
Voltalia S.A. * | 72,276 | 1,270,805 |
X-Fab Silicon Foundries SE * | 101,197 | 1,149,963 |
141,576,990 | ||
Germany 4.2% | ||
1&1 AG | 86,806 | 1,292,628 |
About You Holding SE *(a) | 61,194 | 410,124 |
Adesso SE | 6,904 | 866,220 |
Adtran Networks SE * | 34,348 | 747,456 |
AIXTRON SE | 204,531 | 7,791,767 |
Aroundtown S.A. * | 1,282,052 | 2,319,589 |
Atoss Software AG | 7,281 | 1,774,096 |
Aurubis AG | 57,835 | 4,799,486 |
Auto1 Group SE * | 178,431 | 1,499,703 |
Basler AG (a) | 22,175 | 335,021 |
BayWa AG | 28,544 | 1,008,406 |
Befesa S.A. | 77,280 | 2,851,778 |
Bertrandt AG | 8,703 | 434,507 |
Bilfinger SE | 49,608 | 1,722,945 |
CANCOM SE | 64,683 | 1,881,459 |
CECONOMY AG * | 362,956 | 949,381 |
CompuGroup Medical SE & Co. KgaA | 46,664 | 2,190,979 |
CropEnergies AG | 40,461 | 374,589 |
Dermapharm Holding SE | 32,517 | 1,560,626 |
Deutsche Beteiligungs AG | 26,804 | 945,481 |
Deutsche Euroshop AG | 23,008 | 528,152 |
Deutsche Pfandbriefbank AG (a) | 232,135 | 1,834,179 |
Deutz AG | 228,200 | 1,072,936 |
DIC Asset AG (a) | 102,960 | 485,543 |
Duerr AG | 95,089 | 2,842,261 |
Eckert & Ziegler Strahlen- und Medizintechnik AG | 27,875 | 1,005,647 |
ElringKlinger AG | 51,315 | 338,345 |
Encavis AG * | 210,450 | 3,235,454 |
Energiekontor AG | 12,101 | 1,149,209 |
Evotec SE * | 302,824 | 7,112,418 |
flatexDEGIRO AG * | 162,831 | 1,429,734 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Freenet AG | 228,119 | 5,471,715 |
Gerresheimer AG | 66,224 | 8,617,956 |
GFT Technologies SE | 32,578 | 912,957 |
Grand City Properties S.A. * | 190,705 | 1,706,563 |
GRENKE AG (a) | 50,546 | 1,289,212 |
Hamburger Hafen und Logistik AG | 47,729 | 525,279 |
Hensoldt AG | 101,005 | 3,284,387 |
Hornbach Holding AG & Co. KGaA | 17,166 | 1,352,619 |
Hugo Boss AG | 108,202 | 8,161,872 |
Hypoport SE * | 8,237 | 1,537,684 |
Indus Holding AG | 39,546 | 950,706 |
Instone Real Estate Group AG | 56,056 | 358,958 |
Jenoptik AG | 98,409 | 2,890,229 |
K+S AG | 367,325 | 6,917,030 |
Kloeckner & Co. SE | 137,006 | 1,171,751 |
Kontron AG (a) | 90,429 | 1,972,757 |
Krones AG | 28,354 | 3,074,323 |
KWS Saat SE & Co. KGaA | 20,096 | 1,223,608 |
MorphoSys AG * | 66,968 | 2,032,963 |
Nagarro SE *(a) | 14,802 | 1,116,542 |
New Work SE | 5,302 | 567,972 |
Nordex SE * | 241,663 | 2,896,981 |
Norma Group SE | 60,799 | 1,119,819 |
PATRIZIA SE | 81,087 | 776,228 |
PNE AG | 80,442 | 1,112,300 |
ProSiebenSat.1 Media SE (a) | 325,524 | 2,588,330 |
Redcare Pharmacy N.V. * | 13,817 | 1,649,591 |
Salzgitter AG | 73,752 | 2,177,271 |
Secunet Security Networks AG | 2,519 | 608,314 |
SGL Carbon SE *(a) | 96,962 | 736,138 |
Siltronic AG | 40,072 | 3,207,545 |
SMA Solar Technology AG * | 16,619 | 1,340,181 |
Software AG * | 93,446 | 3,225,207 |
Stabilus SE | 46,735 | 2,627,494 |
STRATEC SE | 13,805 | 746,915 |
Stroeer SE & Co. KGaA | 46,428 | 2,113,383 |
Suedzucker AG | 147,839 | 2,387,600 |
Synlab AG | 147,357 | 1,509,776 |
TAG Immobilien AG * | 291,020 | 3,310,197 |
Takkt AG | 62,788 | 915,895 |
TeamViewer SE * | 266,557 | 4,954,392 |
Varta AG *(a) | 26,617 | 588,753 |
VERBIO Vereinigte BioEnergie AG | 38,196 | 1,811,213 |
Vitesco Technologies Group AG, Class A * | 35,042 | 2,772,593 |
Vossloh AG | 16,423 | 740,616 |
Wacker Neuson SE | 45,777 | 1,013,555 |
Wuestenrot & Wuerttembergische AG | 34,618 | 577,116 |
159,434,605 | ||
Hong Kong 0.8% | ||
Asia Cement China Holdings Corp. | 833,145 | 325,109 |
Beijing Tong Ren Tang Chinese Medicine Co., Ltd. | 471,771 | 856,699 |
China Animal Healthcare Ltd. *(b) | 192,752 | 0 |
Chow Sang Sang Holdings International Ltd. | 470,481 | 563,971 |
CITIC Telecom International Holdings Ltd. | 2,883,140 | 1,121,379 |
C-Mer Eye Care Holdings Ltd. * | 807,821 | 380,127 |
Cowell e Holdings, Inc. *(a) | 570,463 | 1,124,667 |
EC Healthcare | 757,995 | 371,180 |
Esprit Holdings Ltd. * | 5,191,245 | 278,040 |
Everest Medicines Ltd. *(a) | 197,136 | 455,021 |
Far East Consortium International Ltd. | 2,314,218 | 525,305 |
Fortune Real Estate Investment Trust | 2,696,620 | 1,674,695 |
Fosun Tourism Group * | 364,297 | 373,972 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Frontage Holdings Corp. * | 1,080,509 | 303,136 |
Giordano International Ltd. | 2,191,510 | 841,196 |
HKBN Ltd. | 1,477,038 | 711,984 |
Hong Kong Technology Venture Co., Ltd. | 1,018,647 | 452,054 |
Hua Medicine * | 1,630,247 | 351,340 |
IGG, Inc. * | 1,571,327 | 737,397 |
Jacobio Pharmaceuticals Group Co., Ltd. * | 720,731 | 350,175 |
Jinchuan Group International Resources Co., Ltd. | 10,318,016 | 519,733 |
K Wah International Holdings Ltd. | 2,370,120 | 713,295 |
LK Technology Holdings Ltd. | 697,858 | 669,225 |
Luk Fook Holdings International Ltd. | 645,221 | 1,601,173 |
MH Development NPV *(b) | 459,925 | 10,733 |
Pacific Basin Shipping Ltd. | 9,142,745 | 2,483,380 |
Powerlong Real Estate Holdings Ltd. * | 2,694,048 | 288,584 |
Prosperity REIT | 2,187,149 | 415,577 |
Realord Group Holdings Ltd. *(a) | 761,180 | 526,107 |
Sa Sa International Holdings Ltd. * | 2,068,416 | 300,698 |
Shun Tak Holdings Ltd. * | 2,429,445 | 340,790 |
Sirnaomics Ltd. *(a) | 134,369 | 838,762 |
SmarTone Telecommunications Holdings Ltd. | 662,481 | 369,183 |
Stella International Holdings Ltd. | 816,500 | 854,843 |
Sun Hung Kai & Co., Ltd. | 1,060,022 | 374,440 |
SUNeVision Holdings Ltd. | 1,144,717 | 547,415 |
Sunlight Real Estate Investment Trust | 2,048,402 | 694,838 |
Superb Summit International Group Ltd. *(b) | 1,120,000 | 0 |
Television Broadcasts Ltd. * | 557,500 | 273,711 |
Texhong Textile Group Ltd. | 565,319 | 302,061 |
The United Laboratories International Holdings Ltd. | 958,508 | 856,842 |
Theme International Holdings Ltd. * | 9,663,157 | 911,880 |
Truly International Holdings Ltd. | 2,918,376 | 323,778 |
Value Partners Group Ltd. | 1,794,512 | 611,005 |
Vesync Co., Ltd. * | 736,850 | 301,628 |
Vobile Group Ltd. * | 3,087,628 | 889,857 |
VSTECS Holdings Ltd. | 1,264,952 | 658,144 |
28,475,129 | ||
Ireland 0.0% | ||
Dalata Hotel Group plc * | 420,202 | 1,963,365 |
Israel 0.9% | ||
AFI Properties Ltd. * | 10,331 | 343,792 |
AudioCodes Ltd. | 47,023 | 490,744 |
Camtek Ltd. * | 52,130 | 3,190,960 |
Cellcom Israel Ltd. * | 163,407 | 542,066 |
Clal Insurance Enterprises Holdings Ltd. * | 130,006 | 1,928,373 |
Danel Adir Yeoshua Ltd. | 9,029 | 725,020 |
Delek Automotive Systems Ltd. | 102,975 | 645,237 |
Delta Galil Industries Ltd. | 17,876 | 699,358 |
Equital Ltd. * | 34,091 | 1,063,576 |
FIBI Holdings Ltd. | 32,565 | 1,418,926 |
Formula Systems 1985 Ltd. | 14,204 | 1,054,558 |
Fox Wizel Ltd. | 13,657 | 989,497 |
G City Ltd. | 163,086 | 521,679 |
Hilan Ltd. | 27,674 | 1,420,749 |
IDI Insurance Co., Ltd. | 15,098 | 328,727 |
Isracard Ltd. | 366,046 | 1,486,041 |
Israel Canada T.R Ltd. | 277,249 | 620,586 |
Kamada Ltd. * | 60,345 | 348,728 |
Matrix IT Ltd. | 60,468 | 1,229,483 |
Maytronics Ltd. | 86,603 | 938,467 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Mega Or Holdings Ltd. | 37,781 | 704,235 |
Menora Mivtachim Holdings Ltd. | 40,392 | 852,653 |
Migdal Insurance & Financial Holding Ltd. | 611,441 | 710,555 |
Oil Refineries Ltd. | 2,785,887 | 908,752 |
One Software Technologies Ltd. | 78,803 | 1,004,151 |
Partner Communications Co., Ltd. * | 191,956 | 804,049 |
Paz Ashdod Refinery Ltd. * | 19,064 | 520,479 |
Paz Oil Co., Ltd. * | 19,064 | 1,580,511 |
Perion Network Ltd. * | 80,353 | 2,682,453 |
Rami Levy Chain Stores Hashikma Marketing 2006 Ltd. | 14,204 | 822,705 |
Reit 1 Ltd. | 376,257 | 1,606,742 |
Sapiens International Corp. N.V. | 60,024 | 1,793,624 |
Sella Capital Real Estate Ltd. | 412,599 | 867,172 |
Summit Real Estate Holdings Ltd. | 77,883 | 1,028,516 |
35,873,164 | ||
Italy 2.4% | ||
ACEA S.p.A. | 80,016 | 961,378 |
Alerion Cleanpower S.p.A. | 11,822 | 368,891 |
Anima Holding S.p.A. | 419,763 | 1,731,241 |
Arnoldo Mondadori Editore S.p.A. | 240,890 | 562,117 |
Azimut Holding S.p.A. | 203,875 | 4,730,874 |
Banca Generali S.p.A. | 104,646 | 3,828,698 |
Banca IFIS S.p.A. | 44,358 | 780,895 |
Banca Monte dei Paschi di Siena S.p.A. * | 787,193 | 2,188,921 |
Banca Popolare di Sondrio S.p.A. | 733,116 | 3,489,884 |
BFF Bank S.p.A. | 355,510 | 3,823,800 |
Biesse S.p.A. | 24,412 | 342,323 |
BPER Banca | 2,032,184 | 6,149,297 |
Brembo S.p.A. | 276,319 | 3,850,751 |
Brunello Cucinelli S.p.A. | 65,022 | 5,391,671 |
Carel Industries S.p.A. | 84,164 | 2,370,464 |
Cementir Holding N.V. | 86,311 | 755,042 |
Credito Emiliano S.p.A. | 145,782 | 1,221,493 |
Danieli & C Officine Meccaniche S.p.A. (a) | 21,784 | 523,698 |
doValue S.p.A. | 111,517 | 547,078 |
El.En. S.p.A. | 99,546 | 1,186,304 |
Enav S.p.A. | 474,666 | 1,918,525 |
ERG S.p.A. | 106,860 | 2,934,306 |
Fincantieri S.p.A. *(a) | 919,006 | 510,691 |
Gruppo MutuiOnline S.p.A. | 30,269 | 859,092 |
GVS S.p.A. * | 139,369 | 869,769 |
Immobiliare Grande Distribuzione SIIQ S.p.A. | 129,747 | 323,184 |
Iren S.p.A. | 1,243,860 | 2,578,544 |
Italmobiliare S.p.A. | 26,403 | 710,681 |
Iveco Group N.V. * | 380,722 | 3,792,501 |
Juventus Football Club S.p.A. *(a) | 1,728,089 | 681,961 |
Maire Tecnimont S.p.A. | 308,257 | 1,235,220 |
MARR S.p.A. | 63,178 | 931,184 |
MFE-MediaForEurope N.V., Class A | 1,462,753 | 741,408 |
MFE-MediaForEurope N.V., Class B | 527,449 | 378,400 |
Piaggio & C S.p.A. | 320,161 | 1,225,238 |
RAI Way S.p.A. | 181,924 | 1,012,924 |
Saipem SpA * | 2,033,277 | 3,290,364 |
Salcef Group S.p.A. | 40,789 | 1,089,050 |
Salvatore Ferragamo S.p.A. | 123,307 | 1,964,642 |
Sanlorenzo S.p.A | 25,697 | 1,034,728 |
Saras S.p.A. | 1,131,845 | 1,614,794 |
Sesa S.p.A. | 13,854 | 1,625,439 |
SOL S.p.A. | 70,366 | 1,936,023 |
Tamburi Investment Partners S.p.A. | 194,074 | 1,857,829 |
Technogym S.p.A. | 253,368 | 2,171,069 |
Tinexta S.p.A. | 37,278 | 748,099 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Tod's S.p.A. * | 16,352 | 677,250 |
Unipol Gruppo S.p.A. | 826,531 | 4,614,555 |
Webuild S.p.A. (a) | 581,078 | 1,189,449 |
Zignago Vetro S.p.A. | 57,734 | 1,006,345 |
90,328,084 | ||
Japan 18.3% | ||
Adastria Co., Ltd. | 49,607 | 992,924 |
ADEKA Corp. | 186,960 | 3,598,966 |
Aeon Delight Co., Ltd. | 34,594 | 759,198 |
Aeon Fantasy Co., Ltd. (a) | 12,700 | 285,256 |
Aeon Hokkaido Corp. | 99,451 | 587,477 |
Ai Holdings Corp. | 66,964 | 1,089,657 |
Aichi Financial Group, Inc. | 86,381 | 1,447,149 |
Aichi Steel Corp. | 21,390 | 538,478 |
Aida Engineering Ltd. | 104,123 | 726,647 |
Aiful Corp. | 549,802 | 1,306,670 |
Aiphone Co., Ltd. | 22,647 | 472,898 |
Airtrip Corp. | 21,311 | 342,826 |
Aisan Industry Co., Ltd. | 65,347 | 583,515 |
Alconix Corp. | 50,056 | 476,200 |
Alpen Co., Ltd. | 28,462 | 373,602 |
Alpha Systems, Inc. | 12,546 | 262,407 |
Altech Corp. | 34,572 | 606,735 |
Anest Iwata Corp. | 60,717 | 512,144 |
Anicom Holdings, Inc. | 153,056 | 680,202 |
AOKI Holdings, Inc. | 70,109 | 503,238 |
Aoyama Trading Co., Ltd. | 90,144 | 1,000,602 |
Arata Corp. | 23,656 | 879,067 |
Arcland Sakamoto Co., Ltd. | 46,792 | 533,535 |
Arcland Service Holdings Co., Ltd. *(b) | 26,859 | 572,694 |
Arcs Co., Ltd. | 65,579 | 1,164,417 |
ARE Holdings, Inc. | 135,782 | 1,762,736 |
Argo Graphics, Inc. | 27,348 | 632,112 |
Arisawa Manufacturing Co., Ltd. | 50,640 | 355,143 |
Asahi Diamond Industrial Co., Ltd. | 91,435 | 561,479 |
ASAHI YUKIZAI Corp. | 21,789 | 605,396 |
Asanuma Corp. | 22,980 | 563,510 |
ASKA Pharmaceutical Holdings Co., Ltd. | 39,483 | 454,535 |
Atom Corp. * | 218,423 | 1,411,794 |
Autobacs Seven Co., Ltd. | 110,803 | 1,233,724 |
Avant Group Corp. | 39,665 | 385,520 |
Avex, Inc. | 63,188 | 637,153 |
Axial Retailing, Inc. | 25,891 | 668,683 |
Bando Chemical Industries Ltd. | 77,606 | 819,851 |
Bank of the Ryukyus Ltd. | 74,680 | 541,178 |
Base Co., Ltd. | 31,522 | 944,025 |
Belc Co., Ltd. | 17,613 | 821,460 |
Bell System24 Holdings, Inc. | 60,722 | 634,810 |
Belluna Co., Ltd. | 90,151 | 450,182 |
BeNext-Yumeshin Group Co. | 106,709 | 1,473,264 |
BML, Inc. | 39,123 | 777,972 |
Broadleaf Co., Ltd. | 158,862 | 585,973 |
BRONCO BILLY Co., Ltd. | 16,860 | 354,953 |
Bunka Shutter Co., Ltd. | 86,347 | 646,483 |
C Uyemura & Co., Ltd. | 21,445 | 1,403,791 |
Canon Electronics, Inc. | 37,196 | 473,429 |
Carta Holdings, Inc. | 37,423 | 313,604 |
Cawachi Ltd. | 22,809 | 358,151 |
Central Glass Co., Ltd. | 42,112 | 848,401 |
Change Holdings, Inc. | 60,138 | 851,354 |
Chilled & Frozen Logistics Holdings Co., Ltd. | 39,944 | 386,037 |
Chiyoda Corp. * | 289,323 | 737,293 |
Chiyoda Integre Co., Ltd. | 20,762 | 399,025 |
Chofu Seisakusho Co., Ltd. | 37,928 | 561,163 |
Chori Co., Ltd. | 21,778 | 427,228 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Chubu Shiryo Co., Ltd. | 50,038 | 388,728 |
Chudenko Corp. | 48,440 | 795,217 |
Chugoku Marine Paints Ltd. | 81,915 | 802,917 |
Citizen Watch Co., Ltd. | 415,560 | 2,548,993 |
CKD Corp. | 111,350 | 1,540,398 |
CMK Corp. | 87,459 | 371,859 |
COLOPL, Inc. | 94,185 | 412,749 |
Colowide Co., Ltd. | 135,374 | 2,346,972 |
Comforia Residential REIT, Inc. | 1,261 | 2,949,277 |
Computer Engineering & Consulting Ltd. | 47,140 | 552,722 |
Comture Corp. | 42,610 | 714,728 |
Cosel Co., Ltd. | 38,820 | 345,843 |
CRE Logistics REIT, Inc. * | 1,154 | 1,339,602 |
Create Restaurants Holdings, Inc. | 191,006 | 1,570,452 |
Create SD Holdings Co., Ltd. | 40,804 | 1,045,430 |
CTI Engineering Co., Ltd. | 20,116 | 609,345 |
Curves Holdings Co., Ltd. | 115,758 | 579,645 |
Cybozu, Inc. | 46,044 | 685,987 |
Dai Nippon Toryo Co., Ltd. | 46,392 | 308,462 |
Dai-Dan Co., Ltd. | 24,760 | 507,666 |
Daido Metal Co., Ltd. | 94,585 | 344,335 |
Daiei Kankyo Co., Ltd. | 71,000 | 1,127,046 |
Daihen Corp. | 37,590 | 1,376,204 |
Daiho Corp. | 14,916 | 409,310 |
Daiichi Jitsugyo Co., Ltd. | 16,820 | 616,951 |
Daiken Corp. | 29,625 | 618,608 |
Daiki Aluminium Industry Co., Ltd. | 51,216 | 506,584 |
Daikokutenbussan Co., Ltd. | 9,649 | 437,431 |
Daikyonishikawa Corp. | 110,073 | 613,176 |
Dainichiseika Color & Chemicals Manufacturing Co., Ltd. | 23,385 | 371,211 |
Daiseki Co., Ltd. | 86,951 | 2,636,870 |
Daishi Hokuetsu Financial Group, Inc. | 79,705 | 2,001,043 |
Daito Pharmaceutical Co., Ltd. | 26,004 | 408,855 |
Daiwa Industries Ltd. | 49,375 | 480,235 |
Daiwabo Holdings Co., Ltd. | 169,768 | 3,448,185 |
DCM Holdings Co., Ltd. | 175,997 | 1,471,225 |
Demae-Can Co., Ltd. *(a) | 137,688 | 381,140 |
Denyo Co., Ltd. | 31,019 | 442,535 |
Dexerials Corp. | 88,679 | 2,200,148 |
Digital Arts, Inc. | 18,443 | 611,241 |
Digital Garage, Inc. | 60,087 | 1,547,730 |
Dip Corp. | 38,407 | 923,340 |
Direct Marketing MiX, Inc. | 40,306 | 160,022 |
DKK Co., Ltd. | 17,456 | 299,516 |
Doshisha Co., Ltd. | 40,174 | 653,999 |
Doutor Nichires Holdings Co., Ltd. | 47,972 | 768,422 |
DTS Corp. | 71,875 | 1,594,644 |
Duskin Co., Ltd. | 75,667 | 1,704,762 |
DyDo Group Holdings, Inc. | 16,990 | 678,036 |
Eagle Industry Co., Ltd. | 50,771 | 585,182 |
Earth Corp. | 27,677 | 941,989 |
EDION Corp. | 151,034 | 1,519,832 |
eGuarantee, Inc. | 63,677 | 850,281 |
Eiken Chemical Co., Ltd. | 58,972 | 567,097 |
Eizo Corp. | 36,293 | 1,253,933 |
Elan Corp. | 60,730 | 361,664 |
Elecom Co., Ltd. | 79,895 | 960,375 |
Elematec Corp. | 31,572 | 404,883 |
EM Systems Co., Ltd. | 68,805 | 352,095 |
en-japan, Inc. | 54,814 | 960,097 |
Enplas Corp. | 13,456 | 1,016,698 |
eRex Co., Ltd. | 66,914 | 429,287 |
ES-Con Japan Ltd. | 72,303 | 430,088 |
ESCON Japan Reit Investment Corp. | 612 | 489,735 |
ESPEC Corp. | 35,073 | 552,649 |
euglena Co., Ltd. * | 167,179 | 925,551 |
Exedy Corp. | 52,951 | 959,472 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
FCC Co., Ltd. | 68,268 | 901,737 |
Ferrotec Holdings Corp. | 86,836 | 1,807,282 |
FIDEA Holdings Co., Ltd. | 34,501 | 360,449 |
Financial Products Group Co., Ltd. | 107,459 | 1,059,938 |
Fixstars Corp. | 38,626 | 328,726 |
France Bed Holdings Co., Ltd. | 59,267 | 493,400 |
Fudo Tetra Corp. | 21,700 | 272,470 |
Fuji Co., Ltd. | 60,146 | 754,794 |
Fuji Corp. | 159,406 | 2,633,317 |
Fuji Seal International, Inc. | 75,755 | 909,570 |
Fuji Soft, Inc. | 79,664 | 2,407,677 |
Fujibo Holdings, Inc. | 20,550 | 492,630 |
Fujicco Co., Ltd. | 40,454 | 539,350 |
Fujimi, Inc. | 113,038 | 2,616,602 |
Fujimori Kogyo Co., Ltd. | 28,438 | 733,487 |
Fujio Food Group., Inc. * | 49,569 | 474,291 |
Fujita Kanko, Inc. * | 15,427 | 504,926 |
Fujitec Co., Ltd. | 142,344 | 3,642,074 |
Fujiya Co., Ltd. | 20,872 | 353,255 |
Fukuda Corp. | 9,352 | 302,558 |
Fukuoka REIT Corp. | 1,376 | 1,532,092 |
Fukushima Galilei Co., Ltd. | 21,301 | 757,902 |
Fukuyama Transporting Co., Ltd. | 55,435 | 1,380,306 |
FULLCAST Holdings Co., Ltd. | 36,691 | 523,959 |
Funai Soken Holdings, Inc. | 57,650 | 1,069,169 |
Furukawa Co., Ltd. | 58,430 | 711,988 |
Furuno Electric Co., Ltd. | 45,875 | 406,804 |
Furuya Metal Co., Ltd. | 8,284 | 539,426 |
Fuso Chemical Co., Ltd. | 36,964 | 1,085,422 |
Futaba Industrial Co., Ltd. | 109,833 | 519,045 |
Future Corp. | 69,249 | 740,603 |
G-7 Holdings, Inc. | 32,240 | 277,257 |
Gakken Holdings Co., Ltd. | 54,084 | 314,656 |
Genky DrugStores Co., Ltd. | 17,829 | 636,816 |
Geo Holdings Corp. | 48,873 | 881,886 |
giftee, Inc. * | 43,669 | 485,028 |
Giken Ltd. | 27,487 | 383,083 |
Global One Real Estate Investment Corp. | 1,951 | 1,557,209 |
GLOBERIDE, Inc. | 36,919 | 492,727 |
Glory Ltd. | 94,388 | 1,995,578 |
Godo Steel Ltd. | 16,900 | 510,186 |
Goldcrest Co., Ltd. | 28,834 | 386,209 |
Gree, Inc. | 130,881 | 557,380 |
gremz, Inc. | 29,281 | 499,598 |
G-Tekt Corp. | 40,142 | 508,996 |
Gunze Ltd. | 28,992 | 913,063 |
H.I.S. Co., Ltd. *(a) | 77,271 | 1,046,663 |
H2O Retailing Corp. | 152,233 | 1,835,140 |
Hakuto Co., Ltd. | 19,789 | 685,074 |
Halows Co., Ltd. | 15,972 | 448,162 |
Hamakyorex Co., Ltd. | 29,540 | 850,174 |
Hankyu Hanshin REIT, Inc. | 1,276 | 1,255,973 |
Hanwa Co., Ltd. | 69,962 | 2,229,788 |
Happinet Corp. | 29,415 | 527,342 |
Hazama Ando Corp. | 289,639 | 2,361,517 |
Health Care & Medical Investment Corp. | 654 | 664,399 |
Heiwa Real Estate Co., Ltd. | 59,659 | 1,602,271 |
Heiwa Real Estate REIT, Inc. | 1,882 | 1,878,316 |
Heiwado Co., Ltd. | 56,147 | 925,595 |
Hibiya Engineering Ltd. | 30,570 | 469,516 |
Hiday Hidaka Corp. | 52,399 | 1,071,123 |
HI-LEX Corp. | 50,649 | 434,179 |
Hioki EE Corp. | 17,201 | 910,944 |
Hirata Corp. | 15,670 | 840,627 |
Hitachi Zosen Corp. | 309,733 | 1,836,038 |
Hochiki Corp. | 27,388 | 314,167 |
Hogy Medical Co., Ltd. | 34,502 | 758,364 |
Hokkaido Electric Power Co., Inc. * | 344,816 | 1,589,254 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Hokkaido Gas Co., Ltd. | 21,100 | 337,548 |
Hokkoku Financial Holdings, Inc. | 39,572 | 1,337,323 |
Hokuetsu Corp. | 259,076 | 1,610,494 |
Hokuhoku Financial Group, Inc. | 234,830 | 2,129,173 |
Hokuriku Electric Power Co. * | 325,980 | 1,898,984 |
Hokuto Corp. | 37,648 | 472,976 |
Honeys Holdings Co., Ltd | 29,012 | 336,383 |
Hoosiers Holdings Co., Ltd. | 47,304 | 348,318 |
Hoshino Resorts REIT, Inc. | 480 | 2,067,246 |
Hosiden Corp. | 96,326 | 1,199,568 |
Hosokawa Micron Corp. | 23,348 | 651,919 |
Hulic REIT, Inc. | 2,415 | 2,693,931 |
Ichibanya Co., Ltd. | 30,517 | 1,173,852 |
Ichigo Office REIT Investment Corp. | 2,199 | 1,351,860 |
Ichigo, Inc. | 358,075 | 769,842 |
Ichikoh Industries Ltd. | 109,845 | 400,644 |
Icom, Inc. | 17,252 | 397,572 |
Idec Corp. | 47,616 | 995,918 |
IDOM, Inc. | 101,051 | 544,871 |
Iino Kaiun Kaisha Ltd. | 154,044 | 1,105,718 |
I'll, Inc. | 33,714 | 641,697 |
Inaba Denki Sangyo Co., Ltd. | 98,717 | 2,139,315 |
Inabata & Co., Ltd. | 75,417 | 1,642,146 |
Inageya Co., Ltd. | 44,847 | 465,151 |
Ines Corp. | 34,763 | 397,332 |
Infocom Corp. | 38,797 | 756,300 |
Infomart Corp. | 410,835 | 1,320,677 |
Insource Co., Ltd. | 76,987 | 581,692 |
Intage Holdings, Inc. | 56,702 | 683,143 |
Integrated Design & Engineering Holdings Co., Ltd. | 26,379 | 615,151 |
Iriso Electronics Co., Ltd. | 37,698 | 1,121,217 |
Ishihara Sangyo Kaisha Ltd. | 64,119 | 631,567 |
Istyle, Inc. * | 118,627 | 405,785 |
Itochu Advance Logistics Investment Corp. | 1,259 | 1,138,060 |
Itochu Enex Co., Ltd. | 85,081 | 862,001 |
Itochu-Shokuhin Co., Ltd. | 9,216 | 388,049 |
J Trust Co., Ltd. (a) | 181,400 | 576,901 |
JAC Recruitment Co., Ltd. | 25,628 | 474,589 |
Jaccs Co., Ltd. | 48,609 | 1,692,809 |
JAFCO Group Co., Ltd. | 95,244 | 1,222,075 |
Japan Display, Inc. * | 1,178,052 | 315,582 |
Japan Elevator Service Holdings Co., Ltd. | 136,222 | 2,269,977 |
Japan Excellent, Inc. | 2,348 | 2,140,190 |
Japan Lifeline Co., Ltd. | 123,583 | 978,749 |
Japan Material Co., Ltd. | 107,141 | 1,961,265 |
Japan Petroleum Exploration Co., Ltd. | 55,147 | 1,810,644 |
Japan Pulp & Paper Co., Ltd. | 19,727 | 642,955 |
Japan Securities Finance Co., Ltd. | 155,200 | 1,341,083 |
Japan Transcity Corp. | 90,121 | 396,796 |
JCU Corp. | 38,370 | 890,824 |
JDC Corp. | 63,100 | 265,689 |
JINS Holdings, Inc. | 29,789 | 703,879 |
JM Holdings Co., Ltd. | 25,683 | 334,654 |
J-Oil Mills, Inc. | 32,665 | 408,130 |
Joshin Denki Co., Ltd. | 35,676 | 545,487 |
Joyful Honda Co., Ltd. | 106,916 | 1,260,211 |
Juroku Financial Group, Inc. | 66,187 | 1,666,211 |
JVCKenwood Corp. | 310,925 | 1,358,301 |
K&O Energy Group, Inc. | 26,296 | 441,984 |
Kaga Electronics Co., Ltd. | 31,729 | 1,442,772 |
Kameda Seika Co., Ltd. | 25,918 | 785,097 |
Kamei Corp. | 40,518 | 409,396 |
Kanamoto Co., Ltd. | 50,971 | 865,126 |
Kanematsu Corp. | 157,468 | 2,218,408 |
Kansai Food Market Ltd. | 27,500 | 276,162 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Kanto Denka Kogyo Co., Ltd. | 83,659 | 479,250 |
Kappa Create Co., Ltd. * | 43,839 | 491,734 |
Katakura Industries Co., Ltd. | 37,026 | 416,585 |
Kato Sangyo Co., Ltd. | 37,166 | 1,070,930 |
KeePer Technical Laboratory Co., Ltd. | 23,259 | 1,084,786 |
Keihanshin Building Co., Ltd. | 62,827 | 550,656 |
Keiyo Co., Ltd. | 74,059 | 432,394 |
Kenedix Residential Next Investment Corp. | 2,021 | 3,137,315 |
Kenedix Retail REIT Corp. | 1,148 | 2,272,580 |
Key Coffee, Inc. | 29,911 | 430,837 |
KFC Holdings Japan Ltd. | 27,092 | 561,994 |
KH Neochem Co., Ltd. | 66,312 | 1,034,410 |
Kintetsu Department Store Co., Ltd. | 16,304 | 321,298 |
Kisoji Co., Ltd. (a) | 42,724 | 772,398 |
Kissei Pharmaceutical Co., Ltd. | 58,918 | 1,380,021 |
Ki-Star Real Estate Co., Ltd. | 14,052 | 457,992 |
Kitz Corp. | 144,934 | 1,050,282 |
Koa Corp. | 56,815 | 718,456 |
Kohnan Shoji Co., Ltd. | 43,837 | 1,070,444 |
Kokusai Pulp & Paper Co., Ltd. | 85,924 | 384,809 |
KOMEDA Holdings Co., Ltd. | 59,227 | 1,161,066 |
Komeri Co., Ltd. | 51,226 | 1,081,979 |
Komori Corp. | 82,296 | 621,241 |
Konishi Co., Ltd. | 50,501 | 864,433 |
Konoike Transport Co., Ltd. | 53,960 | 757,223 |
Kosaido Holdings Co., Ltd. | 35,172 | 678,387 |
Koshidaka Holdings Co., Ltd. | 84,776 | 778,552 |
Krosaki Harima Corp. | 7,572 | 495,143 |
Kumagai Gumi Co., Ltd. | 63,599 | 1,421,951 |
Kumiai Chemical Industry Co., Ltd. | 175,597 | 1,356,916 |
Kura Sushi, Inc. (a) | 36,842 | 799,675 |
Kurabo Industries Ltd. | 32,387 | 520,114 |
Kureha Corp. | 34,926 | 2,053,553 |
Kurimoto Ltd. | 22,440 | 438,365 |
KYB Corp. | 36,353 | 1,187,337 |
Kyoei Steel Ltd. | 41,088 | 547,802 |
Kyokuto Kaihatsu Kogyo Co., Ltd. | 56,631 | 705,627 |
Kyokuyo Co., Ltd. | 17,302 | 451,610 |
Kyorin Pharmaceutical Co., Ltd. | 68,689 | 836,998 |
Kyoritsu Maintenance Co., Ltd. | 45,927 | 1,981,752 |
Leopalace21 Corp. * | 448,041 | 1,126,373 |
Life Corp. | 38,029 | 949,517 |
LITALICO, Inc. | 34,838 | 524,538 |
M&A Capital Partners Co., Ltd. * | 23,785 | 460,555 |
Macnica Holdings, Inc. | 87,882 | 4,122,911 |
Macromill, Inc. | 70,437 | 356,092 |
Maeda Kosen Co., Ltd. | 40,584 | 872,534 |
Makino Milling Machine Co., Ltd. | 38,772 | 1,856,241 |
Management Solutions Co., Ltd. | 30,616 | 811,744 |
Mandom Corp. | 68,131 | 672,489 |
Mars Group Holdings Corp. | 16,880 | 331,374 |
Marudai Food Co., Ltd. | 38,377 | 450,238 |
Maruha Nichiro Corp. | 64,599 | 1,127,937 |
MARUKA FURUSATO Corp. | 28,550 | 556,547 |
Marusan Securities Co., Ltd. | 104,629 | 375,870 |
Maruwa Co., Ltd. | 15,677 | 2,921,434 |
Maruzen Showa Unyu Co., Ltd. | 28,349 | 771,110 |
Marvelous, Inc. | 57,656 | 271,676 |
Matsuda Sangyo Co., Ltd. | 25,630 | 395,933 |
Matsuya Co., Ltd. | 73,304 | 543,794 |
Matsuyafoods Holdings Co., Ltd. | 15,298 | 445,012 |
Max Co., Ltd. | 71,195 | 1,339,934 |
Maxell Holdings Ltd. | 69,065 | 749,072 |
MCJ Co., Ltd. | 118,241 | 966,492 |
MEC Co., Ltd. | 24,782 | 656,212 |
Megachips Corp. | 31,135 | 898,218 |
Megmilk Snow Brand Co., Ltd. | 77,685 | 1,272,116 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Meidensha Corp. | 75,727 | 1,137,062 |
Meiko Electronics Co., Ltd. | 36,123 | 887,040 |
Meisei Industrial Co., Ltd. | 87,921 | 579,155 |
Meitec Corp. | 144,644 | 2,535,008 |
METAWATER Co., Ltd. | 40,054 | 528,789 |
Micronics Japan Co., Ltd. | 61,297 | 917,866 |
Midac Holdings Co., Ltd. | 21,589 | 272,708 |
Mie Kotsu Group Holdings, Inc. | 113,509 | 468,585 |
Milbon Co., Ltd. | 34,832 | 1,078,085 |
Mimasu Semiconductor Industry Co., Ltd. | 28,228 | 557,250 |
Mirai Corp. | 3,101 | 1,004,308 |
MIRAIT ONE Corp. | 155,583 | 2,061,473 |
Mirarth Holdings, Inc. | 173,970 | 559,247 |
Miroku Jyoho Service Co., Ltd. | 32,861 | 345,347 |
Mitani Sekisan Co., Ltd. | 19,171 | 668,947 |
Mitsuba Corp. | 67,000 | 352,062 |
Mitsubishi Estate Logistics REIT Investment Corp. | 927 | 2,508,761 |
Mitsubishi Logisnext Co., Ltd. | 121,775 | 1,144,268 |
Mitsubishi Pencil Co., Ltd. | 79,751 | 1,057,248 |
Mitsubishi Research Institute, Inc. | 11,784 | 406,331 |
Mitsubishi Shokuhin Co., Ltd. | 32,829 | 900,861 |
Mitsuboshi Belting Ltd. | 38,951 | 1,289,582 |
Mitsui DM Sugar Holdings Co., Ltd. | 30,131 | 618,411 |
Mitsui E&S Co., Ltd. | 154,133 | 530,416 |
Mitsui-Soko Holdings Co., Ltd. | 40,642 | 1,159,924 |
Mitsuuroko Group Holdings Co., Ltd. | 78,499 | 709,583 |
Mixi, Inc. | 76,900 | 1,284,088 |
Mizuho Leasing Co., Ltd. | 78,993 | 2,609,859 |
Mizuno Corp. | 35,887 | 1,146,235 |
Mochida Pharmaceutical Co., Ltd. | 46,547 | 1,079,068 |
Modec, Inc. * | 36,666 | 416,817 |
Monex Group, Inc. | 329,827 | 1,184,872 |
Monogatari Corp. | 55,459 | 1,813,270 |
Mori Trust Reit, Inc. | 4,749 | 2,400,841 |
Morita Holdings Corp. | 73,491 | 827,869 |
MOS Food Services, Inc. | 46,194 | 1,081,990 |
m-up Holdings, Inc. | 41,243 | 422,104 |
Musashi Seimitsu Industry Co., Ltd. | 84,697 | 1,009,371 |
Nachi-Fujikoshi Corp. | 32,606 | 899,221 |
Nafco Co., Ltd. | 34,472 | 452,492 |
Nagaileben Co., Ltd. | 46,230 | 701,143 |
Nagatanien Holdings Co., Ltd. | 20,662 | 334,941 |
Nagawa Co., Ltd. | 18,366 | 896,949 |
Nakanishi, Inc. | 133,304 | 3,360,413 |
Neturen Co., Ltd. | 64,903 | 449,821 |
Nextage Co., Ltd. | 71,863 | 1,619,059 |
Nichias Corp. | 103,673 | 2,171,945 |
Nichiban Co., Ltd. | 23,075 | 303,049 |
Nichicon Corp. | 119,222 | 1,153,035 |
Nichiden Corp. | 22,694 | 392,354 |
Nichiha Corp. | 53,489 | 1,148,148 |
Nichireki Co., Ltd. | 41,633 | 595,962 |
Nihon Nohyaku Co., Ltd. | 69,052 | 326,798 |
Nihon Parkerizing Co., Ltd. | 171,113 | 1,366,929 |
Nikkiso Co., Ltd. | 104,128 | 720,960 |
Nikkon Holdings Co., Ltd. | 96,102 | 2,193,543 |
Nippn Corp. | 96,812 | 1,376,521 |
Nippon Carbon Co., Ltd. | 20,541 | 625,747 |
Nippon Ceramic Co., Ltd. | 34,204 | 608,029 |
Nippon Chemi-Con Corp. * | 39,068 | 377,034 |
Nippon Denko Co., Ltd. | 210,033 | 401,066 |
Nippon Densetsu Kogyo Co., Ltd. | 64,921 | 952,065 |
Nippon Fine Chemical Co., Ltd. | 25,578 | 445,904 |
Nippon Gas Co., Ltd. | 198,380 | 3,099,326 |
Nippon Kanzai Holdings Co., Ltd. | 33,387 | 611,394 |
Nippon Light Metal Holdings Co., Ltd. | 118,215 | 1,260,224 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Nippon Paper Industries Co., Ltd. * | 179,211 | 1,603,956 |
Nippon Parking Development Co., Ltd., Class C | 286,332 | 430,722 |
Nippon Pillar Packing Co., Ltd. | 29,960 | 865,349 |
NIPPON REIT Investment Corp. | 823 | 1,967,263 |
Nippon Seiki Co., Ltd. | 89,491 | 673,710 |
Nippon Sheet Glass Co., Ltd. * | 174,623 | 918,784 |
Nippon Signal Co., Ltd. | 108,059 | 717,004 |
Nippon Soda Co., Ltd. | 47,748 | 1,767,776 |
Nippon Thompson Co., Ltd. | 121,772 | 470,911 |
Nippon Yakin Kogyo Co., Ltd. | 27,697 | 855,157 |
Nishimatsu Construction Co., Ltd. | 51,124 | 1,296,843 |
Nishimatsuya Chain Co., Ltd. | 85,831 | 991,049 |
Nishi-Nippon Financial Holdings, Inc. | 272,736 | 2,828,804 |
Nishio Holdings Co., Ltd. | 29,484 | 719,962 |
Nissan Shatai Co., Ltd. | 114,557 | 712,908 |
Nissei ASB Machine Co., Ltd. | 14,943 | 443,409 |
Nissha Co., Ltd. | 76,411 | 926,894 |
Nisshinbo Holdings, Inc. | 250,901 | 1,866,441 |
Nissin Corp. | 20,048 | 355,420 |
Nissin Sugar Co., Ltd. | 25,064 | 372,383 |
Nissui Corp. | 544,428 | 2,859,663 |
Nitta Corp. | 34,055 | 774,270 |
Nittetsu Mining Co., Ltd. | 24,191 | 849,099 |
Nitto Boseki Co., Ltd. | 50,412 | 1,386,819 |
Nitto Kogyo Corp. | 46,587 | 1,244,795 |
Nittoku Co., Ltd. (a) | 29,112 | 487,116 |
Nohmi Bosai Ltd. | 41,389 | 503,770 |
Nojima Corp. | 121,906 | 1,070,974 |
Nomura Co., Ltd. | 145,388 | 853,843 |
Noritake Co., Ltd. | 24,918 | 1,032,081 |
Noritsu Koki Co., Ltd. | 39,357 | 797,764 |
Noritz Corp. | 62,369 | 685,444 |
North Pacific Bank Ltd. | 518,276 | 1,092,906 |
NS United Kaiun Kaisha Ltd. | 18,479 | 516,602 |
NSD Co., Ltd. | 130,490 | 2,292,773 |
NTN Corp. | 835,241 | 1,663,196 |
NTT UD REIT Investment Corp. | 2,552 | 2,429,558 |
Obara Group, Inc. | 18,931 | 514,935 |
Ohsho Food Service Corp. | 19,745 | 952,089 |
Oiles Corp. | 51,015 | 724,305 |
Oisix ra daichi, Inc. *(a) | 45,484 | 520,808 |
Okabe Co., Ltd. | 70,485 | 356,819 |
Okamoto Industries, Inc. | 25,924 | 832,467 |
Okamura Corp. | 134,389 | 2,006,812 |
Okasan Securities Group, Inc. | 368,214 | 1,456,821 |
Oki Electric Industry Co., Ltd. | 157,121 | 974,553 |
Okinawa Cellular Telephone Co. | 45,280 | 979,716 |
Okinawa Financial Group, Inc. | 37,557 | 581,471 |
Okumura Corp. | 65,513 | 2,049,742 |
Okuwa Co., Ltd. | 47,918 | 284,378 |
One REIT, Inc. | 459 | 803,963 |
Onoken Co., Ltd. | 34,587 | 399,359 |
Onward Holdings Co., Ltd. | 219,854 | 786,784 |
Optex Group Co., Ltd. | 63,652 | 769,499 |
Optorun Co., Ltd. | 18,224 | 244,848 |
Organo Corp. | 50,531 | 1,405,712 |
Oriental Shiraishi Corp. | 211,488 | 475,025 |
Osaka Organic Chemical Industry Ltd. | 28,199 | 501,281 |
Osaka Soda Co., Ltd. | 40,126 | 1,926,577 |
OSAKA Titanium Technologies Co. Ltd (a) | 34,724 | 795,443 |
Osaki Electric Co., Ltd. | 70,462 | 308,303 |
Outsourcing, Inc. | 193,405 | 1,517,775 |
Oyo Corp. | 35,095 | 656,653 |
Pacific Industrial Co., Ltd. | 88,293 | 866,040 |
Pacific Metals Co., Ltd. * | 26,692 | 291,882 |
PAL GROUP Holdings Co., Ltd. | 79,170 | 1,117,521 |
Paramount Bed Holdings Co., Ltd. | 77,140 | 1,252,065 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Pasona Group, Inc. | 34,629 | 388,903 |
Pharma Foods International Co., Ltd. | 46,856 | 529,437 |
PHC Holdings Corp. | 61,770 | 605,459 |
PIA Corp. * | 11,782 | 291,748 |
Pilot Corp. | 67,303 | 2,169,543 |
Piolax, Inc. | 46,365 | 743,955 |
PKSHA Technology, Inc. * | 30,224 | 522,124 |
Pole To Win Holdings, Inc. | 55,379 | 264,751 |
Premium Group Co., Ltd. | 69,857 | 784,053 |
Press Kogyo Co., Ltd. | 168,387 | 774,938 |
Pressance Corp. | 35,524 | 466,789 |
Prestige International, Inc. | 157,693 | 636,903 |
Prima Meat Packers Ltd. | 55,034 | 957,146 |
Procrea Holdings, Inc. | 52,053 | 717,590 |
Proto Corp. | 39,609 | 322,672 |
Qol Holdings Co., Ltd. | 46,525 | 614,538 |
Raito Kogyo Co., Ltd. | 81,647 | 1,141,269 |
Raiznext Corp. | 82,284 | 796,926 |
Raksul, Inc. * | 90,183 | 872,189 |
Remixpoint, Inc. (a) | 234,129 | 353,803 |
Restar Holdings Corp. | 47,152 | 782,817 |
Retail Partners Co., Ltd. | 60,818 | 673,412 |
Rheon Automatic Machinery Co., Ltd. | 37,645 | 357,871 |
Ricoh Leasing Co., Ltd. | 24,990 | 736,388 |
Riken Corp. | 15,668 | 354,073 |
Riken Keiki Co., Ltd. | 32,552 | 1,180,579 |
Riken Technos Corp. | 88,588 | 437,509 |
Riken Vitamin Co., Ltd. | 29,470 | 467,803 |
Ringer Hut Co., Ltd. | 47,299 | 766,739 |
Riso Kagaku Corp. | 42,334 | 662,991 |
Riso Kyoiku Co., Ltd. | 174,995 | 298,099 |
Rock Field Co., Ltd. | 37,963 | 402,095 |
Roland Corp. | 23,366 | 625,939 |
Roland DG Corp. | 21,779 | 518,352 |
Rorze Corp. | 18,084 | 1,442,149 |
Round One Corp. | 373,435 | 1,523,649 |
Royal Holdings Co., Ltd. | 76,016 | 1,388,375 |
RS Technologies Co., Ltd. | 28,392 | 542,156 |
Ryobi Ltd. | 52,458 | 1,022,604 |
Ryoden Corp. | 25,142 | 410,327 |
Ryosan Co., Ltd. | 43,891 | 1,278,276 |
Ryoyo Electro Corp. | 28,172 | 666,638 |
S Foods, Inc. | 34,638 | 798,231 |
Sagami Holdings Corp. | 45,982 | 442,180 |
Saibu Gas Holdings Co., Ltd. | 42,461 | 594,107 |
Saizeriya Co., Ltd. | 47,091 | 1,481,449 |
Sakai Chemical Industry Co., Ltd. | 26,460 | 357,138 |
Sakai Moving Service Co., Ltd. | 16,661 | 621,419 |
Sakata INX Corp. | 88,774 | 833,562 |
Sakata Seed Corp. | 60,062 | 1,736,862 |
Sala Corp. | 99,810 | 512,127 |
SAMTY Co., Ltd. | 51,634 | 822,115 |
Samty Residential Investment Corp. | 809 | 645,155 |
San ju San Financial Group, Inc. | 41,235 | 494,531 |
San-A Co., Ltd. | 33,639 | 1,135,664 |
San-Ai Obbli Co., Ltd. | 99,190 | 1,141,893 |
Sangetsu Corp. | 104,922 | 2,176,491 |
Sankei Real Estate, Inc. | 826 | 529,353 |
Sanken Electric Co., Ltd. | 37,756 | 2,891,640 |
Sanki Engineering Co., Ltd. | 98,523 | 1,090,226 |
Sansan, Inc. * | 147,574 | 1,471,837 |
Sanyo Chemical Industries Ltd. | 21,078 | 599,395 |
Sanyo Denki Co., Ltd. | 15,933 | 779,221 |
Sanyo Electric Railway Co., Ltd. | 31,466 | 481,549 |
Sanyo Special Steel Co., Ltd. | 43,582 | 834,011 |
Sato Holdings Corp. | 42,758 | 620,290 |
SB Technology Corp. | 17,900 | 294,225 |
SBS Holdings, Inc. | 31,696 | 666,207 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Seikagaku Corp. | 77,830 | 428,751 |
Seiko Holdings Corp. | 50,440 | 931,989 |
Seiren Co., Ltd. | 80,988 | 1,337,886 |
Sekisui Jushi Corp. | 49,182 | 850,639 |
Senko Group Holdings Co., Ltd. | 204,925 | 1,435,749 |
Senshu Electric Co., Ltd. | 23,373 | 616,494 |
Senshu Ikeda Holdings, Inc. | 520,306 | 947,083 |
Septeni Holdings Co., Ltd. | 188,240 | 548,228 |
Seria Co., Ltd. | 94,700 | 1,494,801 |
Shibaura Machine Co., Ltd. | 42,812 | 1,240,970 |
Shibaura Mechatronics Corp. (a) | 5,956 | 1,051,817 |
Shibuya Corp. | 40,345 | 721,906 |
Shikoku Chemicals Corp. | 57,624 | 577,091 |
Shima Seiki Manufacturing Ltd. | 53,594 | 731,840 |
Shin Nippon Air Technologies Co., Ltd. | 24,073 | 408,589 |
Shin Nippon Biomedical Laboratories Ltd. | 41,096 | 637,392 |
Shindengen Electric Manufacturing Co., Ltd. | 14,653 | 312,515 |
Shin-Etsu Polymer Co., Ltd. | 71,511 | 674,414 |
Shinko Shoji Co., Ltd. | 56,400 | 452,874 |
Shinmaywa Industries Ltd. | 105,543 | 1,023,641 |
Shinnihon Corp. | 45,939 | 388,755 |
Shinwa Co., Ltd. | 21,087 | 325,028 |
Shizuoka Gas Co., Ltd. | 105,237 | 740,205 |
Shoei Co., Ltd. | 89,558 | 1,518,214 |
Shoei Foods Corp. | 23,736 | 741,011 |
Showa Sangyo Co., Ltd. | 49,546 | 1,018,588 |
Siix Corp. | 63,151 | 684,062 |
Simplex Holdings, Inc. | 58,048 | 1,146,726 |
Sinanen Holdings Co., Ltd. | 18,100 | 498,547 |
Sinfonia Technology Co., Ltd. | 48,491 | 525,595 |
Sinko Industries Ltd. | 37,023 | 512,425 |
Sintokogio Ltd. | 93,813 | 701,092 |
SKY Perfect JSAT Holdings, Inc. | 228,500 | 1,040,598 |
Snow Peak, Inc. (a) | 54,191 | 587,750 |
Sodick Co., Ltd. | 87,206 | 412,115 |
Softcreate Holdings Corp. | 26,904 | 325,247 |
Solasto Corp. | 89,163 | 407,889 |
SOSiLA Logistics REIT, Inc. | 1,321 | 1,163,253 |
Sparx Group Co., Ltd. | 37,351 | 385,607 |
S-Pool, Inc. | 109,436 | 365,325 |
SRA Holdings | 14,532 | 339,381 |
SRE Holdings Corp. * | 18,124 | 429,493 |
St Marc Holdings Co., Ltd. | 25,149 | 326,832 |
Star Asia Investment Corp. | 3,236 | 1,286,976 |
Star Micronics Co., Ltd. | 67,890 | 877,625 |
Starts Corp., Inc. | 53,655 | 1,127,756 |
Starts Proceed Investment Corp. | 467 | 692,874 |
Starzen Co., Ltd. | 27,368 | 483,501 |
Stella Chemifa Corp. | 16,070 | 342,185 |
Strike Co., Ltd. | 27,464 | 603,667 |
Sumida Corp. | 38,960 | 443,697 |
Sumitomo Densetsu Co., Ltd. | 28,345 | 564,622 |
Sumitomo Mitsui Construction Co., Ltd. | 274,747 | 764,313 |
Sumitomo Osaka Cement Co., Ltd. | 61,817 | 1,701,417 |
Sumitomo Riko Co., Ltd. | 66,616 | 496,011 |
Sumitomo Seika Chemicals Co., Ltd. | 17,724 | 550,888 |
Sun Corp. | 33,760 | 460,306 |
Sun Frontier Fudousan Co., Ltd. | 55,687 | 552,337 |
Suruga Bank Ltd. | 351,211 | 1,464,334 |
SWCC Corp. | 41,113 | 554,913 |
Systena Corp. | 512,550 | 950,568 |
T Hasegawa Co., Ltd. | 39,362 | 946,299 |
Tachibana Eletech Co., Ltd. | 34,622 | 632,345 |
Tachi-S Co., Ltd. | 52,206 | 627,899 |
Tadano Ltd. | 224,393 | 1,824,922 |
Taihei Dengyo Kaisha Ltd. | 30,258 | 812,644 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Taikisha Ltd. | 53,389 | 1,679,580 |
Taiyo Holdings Co., Ltd. | 61,692 | 1,114,045 |
Takamatsu Construction Group Co., Ltd. | 26,829 | 480,797 |
Takara Leben Real Estate Investment Corp. | 1,224 | 808,798 |
Takara Standard Co., Ltd. | 85,692 | 1,142,482 |
Takasago International Corp. | 27,204 | 537,035 |
Takasago Thermal Engineering Co., Ltd. | 113,214 | 2,279,289 |
Takatori Corp. (a) | 9,696 | 360,973 |
Takeuchi Manufacturing Co., Ltd. | 64,509 | 2,055,993 |
Takuma Co., Ltd. | 137,896 | 1,528,757 |
Tama Home Co., Ltd. | 24,069 | 586,908 |
Tamron Co., Ltd. | 22,883 | 708,094 |
Tamura Corp. | 139,568 | 559,863 |
Tanseisha Co., Ltd. | 80,415 | 431,391 |
Tatsuta Electric Wire & Cable Co., Ltd. * | 63,072 | 306,728 |
Tayca Corp. | 33,000 | 303,287 |
TechMatrix Corp. | 44,493 | 502,126 |
Teikoku Electric Manufacturing Co., Ltd. | 30,327 | 528,486 |
Teikoku Sen-I Co., Ltd. | 41,280 | 552,063 |
Tekken Corp. | 25,884 | 358,609 |
Tenma Corp. | 26,198 | 462,291 |
T-Gaia Corp. | 39,412 | 474,021 |
The 77 Bank Ltd. | 137,454 | 2,974,071 |
The Akita Bank Ltd. | 34,636 | 438,704 |
The Awa Bank Ltd. | 64,609 | 1,005,626 |
The Bank of Iwate Ltd. | 29,633 | 510,896 |
The Bank of Nagoya Ltd. | 31,518 | 921,174 |
The Ehime Bank Ltd. | 62,377 | 377,043 |
The Fukui Bank Ltd. | 42,745 | 458,029 |
The Gunma Bank Ltd. | 773,421 | 3,567,347 |
The Hyakugo Bank Ltd. | 384,383 | 1,335,974 |
The Hyakujushi Bank Ltd. | 48,704 | 748,031 |
The Japan Wool Textile Co., Ltd. | 117,385 | 1,010,292 |
The Keiyo Bank Ltd. | 215,526 | 882,326 |
The Kiyo Bank Ltd. | 114,543 | 1,189,608 |
The Miyazaki Bank Ltd. | 27,020 | 486,076 |
The Musashino Bank Ltd. | 59,377 | 1,078,358 |
The Nanto Bank Ltd. | 57,779 | 1,054,099 |
The Nippon Road Co., Ltd. | 6,480 | 429,077 |
The Nisshin Oillio Group Ltd. | 43,271 | 1,242,386 |
The Ogaki Kyoritsu Bank Ltd. | 73,578 | 1,016,856 |
The Oita Bank Ltd. | 27,200 | 455,311 |
The Okinawa Electric Power Co., Inc. * | 81,264 | 639,127 |
The Pack Corp. | 21,148 | 451,766 |
The San-in Godo Bank Ltd. | 287,076 | 1,810,185 |
The Shibusawa Warehouse Co., Ltd. | 17,680 | 401,363 |
The Shiga Bank Ltd. | 87,919 | 1,968,719 |
The Shikoku Bank Ltd. | 64,049 | 408,266 |
The Sumitomo Warehouse Co., Ltd. | 94,772 | 1,626,132 |
The Tochigi Bank Ltd. | 213,244 | 430,633 |
The Toho Bank Ltd. | 356,483 | 678,269 |
The Yamagata Bank Ltd. | 62,199 | 471,240 |
The Yamanashi Chuo Bank Ltd. | 58,429 | 607,227 |
TKC Corp. | 53,919 | 1,362,928 |
Toa Corp. | 34,399 | 851,794 |
Toagosei Co., Ltd. | 215,074 | 2,051,982 |
TOC Co., Ltd. | 90,121 | 383,797 |
Tocalo Co., Ltd. | 97,804 | 961,346 |
Toei Co., Ltd. | 12,622 | 1,502,485 |
Toenec Corp. | 14,174 | 394,304 |
Toho Holdings Co., Ltd. | 94,531 | 1,896,009 |
Toho Titanium Co., Ltd. (a) | 63,514 | 862,065 |
Toho Zinc Co., Ltd. | 25,855 | 298,180 |
Tokai Corp. | 32,835 | 426,267 |
TOKAI Holdings Corp. | 232,094 | 1,506,535 |
Tokai Rika Co., Ltd. | 93,688 | 1,467,887 |
Tokai Tokyo Financial Holdings, Inc. | 415,469 | 1,281,352 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Token Corp. | 13,775 | 725,722 |
Tokushu Tokai Paper Co., Ltd. | 13,122 | 292,031 |
Tokuyama Corp. | 134,801 | 2,153,705 |
Tokyo Electron Device Ltd. | 11,635 | 801,587 |
Tokyo Kiraboshi Financial Group, Inc. | 47,197 | 1,248,126 |
Tokyo Seimitsu Co., Ltd. | 70,646 | 3,896,606 |
Tokyo Steel Manufacturing Co., Ltd. | 147,163 | 1,654,743 |
Tokyotokeiba Co., Ltd. | 28,093 | 759,322 |
Tokyu Construction Co., Ltd. | 134,780 | 711,001 |
Tokyu REIT, Inc. | 1,770 | 2,267,438 |
TOMONY Holdings, Inc. | 296,884 | 842,210 |
Tomy Co., Ltd. | 168,424 | 2,736,015 |
Tonami Holdings Co., Ltd. | 12,628 | 407,243 |
Topcon Corp. | 196,953 | 2,376,937 |
Topre Corp. | 80,571 | 961,307 |
Topy Industries Ltd. | 35,108 | 548,860 |
Toridoll Holdings Corp. | 83,665 | 2,287,232 |
Torii Pharmaceutical Co., Ltd. | 23,982 | 618,556 |
Torishima Pump Manufacturing Co., Ltd. | 42,368 | 552,645 |
Tosei Corp. | 49,997 | 630,178 |
Tosei REIT Investment Corp. | 605 | 585,115 |
Totech Corp. | 15,056 | 541,906 |
Totetsu Kogyo Co., Ltd. | 52,267 | 985,851 |
Towa Corp. | 44,565 | 1,124,954 |
Towa Pharmaceutical Co., Ltd. | 49,891 | 952,687 |
Toyo Construction Co., Ltd. | 136,910 | 1,042,918 |
Toyo Corp. | 44,176 | 411,158 |
Toyo Gosei Co., Ltd. (a) | 12,932 | 659,991 |
Toyo Ink SC Holdings Co., Ltd. | 67,867 | 1,057,734 |
Toyo Kanetsu KK | 13,700 | 316,657 |
Toyo Tanso Co., Ltd. | 26,921 | 1,102,100 |
Toyobo Co., Ltd. | 166,738 | 1,211,151 |
TPR Co., Ltd. | 48,037 | 603,824 |
Trancom Co., Ltd. | 11,377 | 588,445 |
Transcosmos, Inc. | 44,245 | 969,479 |
TRE Holdings Corp. | 60,284 | 486,959 |
Tri Chemical Laboratories, Inc. | 50,186 | 948,668 |
Trusco Nakayama Corp. | 73,536 | 1,298,630 |
TSI Holdings Co., Ltd. | 148,232 | 738,182 |
Tsubaki Nakashima Co., Ltd. | 79,171 | 446,470 |
Tsubakimoto Chain Co. | 61,280 | 1,620,552 |
Tsuburaya Fields Holdings, Inc. | 66,768 | 1,198,371 |
Tsugami Corp. | 79,841 | 646,033 |
Tsukishima Holdings Co., Ltd. | 65,887 | 623,185 |
Tsurumi Manufacturing Co., Ltd. | 38,493 | 803,783 |
TV Asahi Holdings Corp. | 38,231 | 435,395 |
UACJ Corp. | 53,340 | 1,148,614 |
Uchida Yoko Co., Ltd. | 16,624 | 742,219 |
Union Tool Co. | 17,328 | 452,288 |
Unipres Corp. | 72,109 | 609,721 |
United Arrows Ltd. | 49,688 | 737,206 |
United Super Markets Holdings, Inc. | 106,164 | 816,001 |
Universal Entertainment Corp. | 42,156 | 689,159 |
Usen-Next Holdings Co., Ltd. | 30,552 | 734,499 |
UT Group Co., Ltd. * | 52,382 | 873,243 |
V Technology Co., Ltd. | 16,440 | 270,114 |
Valor Holdings Co., Ltd. | 77,602 | 1,158,287 |
Valqua Ltd. | 27,771 | 827,875 |
ValueCommerce Co., Ltd. | 30,379 | 268,139 |
Vector, Inc. | 44,334 | 409,279 |
Vision, Inc./Tokyo Japan * | 49,835 | 575,763 |
Vital KSK Holdings, Inc. | 58,372 | 392,528 |
VT Holdings Co., Ltd. | 158,550 | 557,596 |
Wacoal Holdings Corp. | 97,376 | 2,144,366 |
Wacom Co., Ltd. | 271,329 | 1,118,229 |
Wakita & Co., Ltd. | 83,629 | 770,891 |
Warabeya Nichiyo Holdings Co., Ltd. | 25,114 | 469,901 |
Weathernews, Inc. | 10,585 | 463,869 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
West Holdings Corp. | 40,932 | 795,951 |
WingArc1st, Inc. | 35,923 | 615,640 |
World Co., Ltd. | 34,851 | 387,566 |
World Holdings Co., Ltd. | 17,152 | 284,639 |
W-Scope Corp. *(a) | 95,133 | 779,570 |
Xebio Holdings Co., Ltd. | 41,144 | 288,264 |
Yahagi Construction Co., Ltd. | 46,400 | 399,349 |
YAKUODO Holdings Co., Ltd. | 20,883 | 368,646 |
YAMABIKO Corp. | 60,498 | 612,938 |
YA-MAN Ltd. (a) | 50,929 | 361,717 |
Yamazen Corp. | 118,619 | 931,288 |
Yellow Hat Ltd. | 53,602 | 695,131 |
Yodogawa Steel Works Ltd. | 50,580 | 1,184,722 |
Yokogawa Bridge Holdings Corp. | 56,218 | 1,066,167 |
Yokohama Reito Co., Ltd. | 80,371 | 729,265 |
Yokowo Co., Ltd. | 41,360 | 478,985 |
Yondoshi Holdings, Inc. | 37,020 | 478,818 |
Yonex Co., Ltd. | 72,927 | 705,301 |
Yoshinoya Holdings Co., Ltd. | 121,808 | 2,379,935 |
Yuasa Trading Co., Ltd. | 29,670 | 872,257 |
Yurtec Corp. | 63,544 | 402,865 |
Zenrin Co., Ltd. | 61,003 | 381,308 |
ZERIA Pharmaceutical Co., Ltd. | 70,542 | 1,170,653 |
ZIGExN Co., Ltd. | 99,068 | 393,319 |
Zojirushi Corp. | 82,418 | 1,016,178 |
Zuken, Inc. | 27,507 | 803,945 |
687,733,816 | ||
Netherlands 1.3% | ||
Alfen N.V. *(a) | 41,927 | 2,431,812 |
AMG Critical Materials N.V. | 61,395 | 2,087,676 |
APERAM S.A. | 81,685 | 2,318,375 |
Arcadis N.V. | 137,699 | 6,462,286 |
Basic-Fit N.V. *(a) | 100,440 | 3,069,793 |
Brunel International N.V. | 38,418 | 518,710 |
Corbion N.V. | 114,633 | 2,747,125 |
Eurocommercial Properties N.V. | 102,569 | 2,469,149 |
Flow Traders Ltd. | 49,750 | 1,008,648 |
Fugro N.V. CVA * | 216,989 | 3,666,875 |
Galapagos N.V. * | 93,277 | 3,543,336 |
Koninklijke BAM Groep N.V. | 461,476 | 985,698 |
Majorel Group Luxembourg S.A. | 40,728 | 1,306,232 |
NSI N.V. | 34,797 | 706,241 |
PostNL N.V. | 742,524 | 1,735,099 |
SBM Offshore N.V. | 294,822 | 4,278,199 |
Sligro Food Group N.V. | 63,320 | 1,220,544 |
TKH Group N.V. | 77,891 | 3,596,288 |
TomTom N.V. * | 130,467 | 1,037,945 |
Vastned Retail N.V. | 32,270 | 692,779 |
Wereldhave N.V. | 75,876 | 1,323,397 |
47,206,207 | ||
New Zealand 0.6% | ||
Argosy Property Ltd. | 1,615,581 | 1,125,537 |
Chorus Ltd. | 841,026 | 4,018,831 |
Freightways Group Ltd. | 332,351 | 1,723,695 |
Genesis Energy Ltd. | 1,012,054 | 1,527,661 |
Goodman Property Trust | 2,108,245 | 2,717,843 |
Heartland Group Holdings Ltd. | 1,087,660 | 1,159,288 |
KMD Brands Ltd. | 1,096,501 | 541,917 |
Oceania Healthcare Ltd. | 1,402,831 | 634,840 |
Pacific Edge Ltd. * | 1,318,718 | 82,449 |
Precinct Properties New Zealand Ltd. | 2,580,510 | 1,889,975 |
Scales Corp., Ltd. | 208,806 | 385,434 |
Skellerup Holdings Ltd. | 345,111 | 883,634 |
SKY Network Television Ltd. | 267,949 | 398,876 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Stride Property Group | 976,213 | 807,988 |
Summerset Group Holdings Ltd. | 443,044 | 2,704,058 |
Vector Ltd. | 480,003 | 1,154,704 |
Vital Healthcare Property Trust | 972,928 | 1,303,493 |
23,060,223 | ||
Norway 1.9% | ||
Aker Carbon Capture A.S.A. * | 644,564 | 746,537 |
Aker Horizons Holding A/S * | 429,288 | 194,523 |
Aker Solutions A.S.A. | 509,409 | 2,125,341 |
Arendals Fossekompani A/S (a) | 22,556 | 308,744 |
Atea A.S.A. * | 157,478 | 1,954,198 |
Austevoll Seafood A.S.A. | 166,946 | 1,210,840 |
Bakkafrost P/F | 96,936 | 4,898,220 |
Bonheur A.S.A. | 37,453 | 815,103 |
Borr Drilling Ltd. * | 433,793 | 3,058,571 |
Borregaard A.S.A. | 189,600 | 2,769,900 |
BW Energy Ltd. * | 147,223 | 355,008 |
BW LPG Ltd. | 147,869 | 1,793,253 |
BW Offshore Ltd. | 169,582 | 394,097 |
Crayon Group Holding A.S.A. * | 156,582 | 1,268,889 |
DNO A.S.A. | 1,029,995 | 961,037 |
Elkem A.S.A. | 503,827 | 1,042,027 |
Entra A.S.A. | 106,048 | 994,965 |
Europris A.S.A. | 313,986 | 1,788,783 |
FLEX LNG Ltd. | 56,272 | 1,714,005 |
Grieg Seafood A.S.A. | 109,329 | 772,908 |
Hafnia Ltd. | 469,054 | 2,749,375 |
Hexagon Composites A.S.A. * | 207,462 | 736,453 |
Hexagon Purus A.S.A. * | 71,204 | 131,066 |
Hoegh Autoliners A.S.A. | 123,791 | 862,929 |
Kahoot! A.S.A. * | 718,847 | 2,331,472 |
MPC Container Ships A.S.A | 746,760 | 1,293,139 |
NEL A.S.A. * | 3,029,098 | 3,328,914 |
Scatec A.S.A. | 227,625 | 1,519,333 |
Sparebank 1 Oestlandet | 56,973 | 717,709 |
SpareBank 1 SMN | 249,209 | 3,298,687 |
SpareBank 1 SR-Bank A.S.A. | 339,639 | 4,109,328 |
Stolt-Nielsen Ltd. | 41,590 | 1,036,119 |
Storebrand A.S.A. | 887,303 | 7,123,682 |
Subsea 7 S.A. | 456,538 | 5,944,310 |
TGS A.S.A. | 229,919 | 2,976,347 |
Veidekke A.S.A. | 207,672 | 1,967,946 |
Wallenius Wilhelmsen A.S.A. | 202,173 | 1,640,245 |
Wilh Wilhelmsen Holding A.S.A., Class A | 24,238 | 683,585 |
71,617,588 | ||
Poland 0.8% | ||
Alior Bank S.A. * | 178,045 | 2,427,071 |
AmRest Holdings SE * | 138,440 | 922,094 |
Asseco Poland S.A. | 105,166 | 1,870,468 |
Bank Handlowy w Warszawie S.A. | 62,407 | 1,309,847 |
Bank Millennium S.A. * | 1,182,839 | 1,743,584 |
CCC S.A. * | 74,453 | 804,824 |
CD Projekt S.A. | 125,275 | 4,485,126 |
Ciech S.A. | 30,196 | 322,750 |
Cyfrowy Polsat S.A. | 463,300 | 1,524,379 |
Enea S.A. * | 506,286 | 1,079,217 |
Grupa Azoty S.A. * | 87,076 | 532,017 |
Jastrzebska Spolka Weglowa S.A. * | 97,750 | 858,848 |
KRUK S.A. * | 33,447 | 3,246,297 |
mBank S.A. * | 24,868 | 2,588,625 |
Orange Polska S.A. | 1,263,398 | 2,193,109 |
PGE Polska Grupa Energetyczna S.A. * | 1,680,966 | 3,461,250 |
Tauron Polska Energia S.A. * | 1,792,300 | 1,861,774 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Warsaw Stock Exchange | 55,329 | 492,977 |
31,724,257 | ||
Portugal 0.4% | ||
Altri, SGPS, S.A. (a) | 135,132 | 667,035 |
Banco Comercial Portugues S.A., Class R * | 14,961,301 | 4,179,724 |
Corticeira Amorim SGPS S.A. | 64,342 | 706,716 |
CTT-Correios de Portugal S.A. | 274,854 | 1,009,788 |
Greenvolt-Energias Renovaveis S.A. *(a) | 122,542 | 832,586 |
NOS, SGPS S.A. | 359,097 | 1,353,197 |
REN - Redes Energeticas Nacionais, SGPS, S.A. | 760,342 | 2,079,597 |
Semapa-Sociedade de Investimento e Gestao | 28,881 | 420,036 |
Sonae, SGPS, S.A. | 1,718,837 | 1,814,237 |
The Navigator Co., S.A. | 476,112 | 1,743,508 |
14,806,424 | ||
Republic of Korea 6.5% | ||
AbClon, Inc. * | 23,199 | 298,906 |
ABLBio, Inc. * | 47,039 | 647,709 |
Advanced Nano Products Co., Ltd. | 14,087 | 1,681,807 |
Advanced Process Systems Corp. | 24,494 | 338,570 |
AfreecaTV Co., Ltd. | 12,770 | 789,339 |
Ahnlab, Inc. | 11,223 | 551,067 |
Amicogen, Inc. * | 35,019 | 483,258 |
Ananti, Inc. * | 84,941 | 525,680 |
Asiana Airlines, Inc. * | 62,452 | 524,469 |
BH Co., Ltd. | 48,203 | 878,905 |
Binex Co., Ltd. * | 41,517 | 278,298 |
Binggrae Co., Ltd. | 9,459 | 398,613 |
Bioneer Corp. * | 40,789 | 1,323,887 |
Boryung | 51,461 | 365,590 |
Bukwang Pharmaceutical Co., Ltd. * | 67,944 | 346,981 |
Cellivery Therapeutics, Inc. *(b) | 45,216 | 171,388 |
Chabiotech Co., Ltd. * | 86,242 | 1,149,676 |
Chong Kun Dang Pharmaceutical Corp. | 15,944 | 1,049,463 |
Chunbo Co., Ltd. | 8,131 | 926,445 |
CJ CGV Co., Ltd. * | 44,313 | 263,514 |
CMG Pharmaceutical Co., Ltd. * | 184,240 | 340,811 |
Com2uS Corp. | 18,514 | 663,941 |
Com2uS Holdings Corp. * | 8,432 | 192,340 |
Cosmax, Inc. * | 14,829 | 1,722,150 |
CosmoAM&T Co., Ltd. * | 38,609 | 4,606,498 |
Cosmochemical Co., Ltd. * | 46,912 | 1,542,142 |
Creative & Innovative System * | 91,045 | 772,858 |
CrystalGenomics Invites Co., Ltd. * | 113,618 | 296,133 |
CS Wind Corp. | 37,752 | 1,813,696 |
Daeduck Electronics Co., Ltd. / New | 63,661 | 1,391,945 |
Daejoo Electronic Materials Co., Ltd. | 18,836 | 1,407,979 |
Daesang Corp. | 38,354 | 520,285 |
Daewoong Co., Ltd. | 38,741 | 417,673 |
Daewoong Pharmaceutical Co., Ltd. | 9,266 | 731,185 |
Daishin Securities Co., Ltd. | 57,255 | 623,773 |
Danal Co., Ltd. * | 94,373 | 274,533 |
Daou Technology, Inc. | 45,310 | 636,585 |
Dawonsys Co., Ltd. * | 50,661 | 559,600 |
DB HiTek Co., Ltd. | 67,299 | 2,724,037 |
Dentium Co., Ltd. | 12,361 | 1,154,971 |
DIO Corp. * | 21,701 | 486,805 |
Dong-A Socio Holdings Co., Ltd. | 5,882 | 433,446 |
Dong-A ST Co., Ltd. | 8,926 | 415,995 |
Dongjin Semichem Co., Ltd. | 57,026 | 1,471,221 |
DongKook Pharmaceutical Co., Ltd. | 44,848 | 478,763 |
Dongkuk Steel Mill Co., Ltd. * | 53,337 | 400,305 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Dongwon Industries Co., Ltd. | 8,791 | 232,786 |
Doosan Co., Ltd. | 11,016 | 980,126 |
Doosan Fuel Cell Co., Ltd. * | 56,146 | 1,051,344 |
Doosan Tesna, Inc. | 18,477 | 682,884 |
DoubleUGames Co., Ltd. | 17,134 | 553,525 |
Duk San Neolux Co., Ltd. * | 23,619 | 763,921 |
Duzone Bizon Co., Ltd. | 32,022 | 821,294 |
Ecopro Co., Ltd. | 36,659 | 34,863,146 |
Ecopro HN Co., Ltd. | 21,126 | 1,484,854 |
Enchem Co., Ltd. * | 13,370 | 674,696 |
ENF Technology Co., Ltd. | 19,739 | 317,347 |
Eo Technics Co., Ltd. | 15,160 | 1,942,957 |
Eoflow Co., Ltd. * | 46,272 | 927,716 |
ESR Kendall Square REIT Co., Ltd. | 237,049 | 703,928 |
Eubiologics Co., Ltd. * | 66,779 | 507,758 |
Eugene Investment & Securities Co., Ltd. | 112,411 | 357,623 |
Eugene Technology Co., Ltd. | 24,061 | 626,214 |
Foosung Co., Ltd. | 99,278 | 878,799 |
GemVax & Kael Co., Ltd. * | 65,299 | 654,596 |
GeneOne Life Science, Inc. * | 139,651 | 412,587 |
Genexine, Inc. * | 58,156 | 442,192 |
GOLFZON Co., Ltd. | 6,012 | 416,189 |
Grand Korea Leisure Co., Ltd. * | 37,912 | 463,807 |
Green Cross Holdings Corp. | 55,631 | 588,403 |
Green Cross LabCell Corp. | 15,996 | 454,435 |
HAESUNG DS Co., Ltd. | 21,459 | 1,113,741 |
Halla Holdings Corp. | 13,521 | 367,243 |
Han Kuk Carbon Co., Ltd. | 59,632 | 653,730 |
Hana Micron, Inc. | 68,347 | 1,098,826 |
Hana Tour Service, Inc. * | 21,718 | 799,380 |
Hanall Biopharma Co., Ltd. * | 71,211 | 1,279,562 |
Hancom, Inc. * | 31,407 | 342,168 |
Handsome Co., Ltd. | 24,354 | 349,717 |
Hanil Cement Co., Ltd. | 32,492 | 310,478 |
Hanjin Transportation Co., Ltd. | 26,364 | 423,859 |
Hankook & Co. Co., Ltd. | 51,357 | 423,523 |
Hanmi Semiconductor Co., Ltd. | 85,651 | 3,875,112 |
Hansae Co., Ltd. | 25,563 | 377,522 |
Hansol Chemical Co., Ltd. | 15,485 | 1,892,058 |
Hanssem Co., Ltd. | 12,937 | 579,437 |
Hanwha General Insurance Co., Ltd. * | 150,430 | 476,869 |
Hanwha Investment & Securities Co., Ltd. * | 196,436 | 372,288 |
Hanwha Systems Co., Ltd. | 115,611 | 1,174,697 |
Harim Holdings Co., Ltd. | 82,082 | 449,611 |
HD Hyundai Construction Equipment Co. Ltd. | 22,622 | 1,218,601 |
HD Hyundai Electric Co. Ltd. | 41,457 | 2,208,113 |
HDC Holdings Co., Ltd. | 72,619 | 341,736 |
HDC Hyundai Development Co-Engineering & Construction, Class E | 88,624 | 691,961 |
Helixmith Co.,Ltd * | 70,461 | 266,544 |
HK inno N Corp. | 28,938 | 810,067 |
HLB Global Co., Ltd. * | 71,667 | 211,463 |
HLB Life Science Co., Ltd. * | 160,479 | 1,047,803 |
HLB Therapeutics Co., Ltd. * | 121,038 | 344,318 |
Hugel, Inc. * | 10,718 | 911,446 |
Humasis Co., Ltd. * | 218,468 | 415,697 |
Huons Co., Ltd. | 12,474 | 445,449 |
Hyosung Advanced Materials Corp. | 5,979 | 2,044,644 |
Hyosung Chemical Corp. * | 4,257 | 339,787 |
Hyosung Corp. | 16,744 | 803,155 |
Hyosung Heavy Industries Corp. * | 12,507 | 1,897,222 |
Hyosung TNC Corp. | 5,666 | 1,418,911 |
Hyundai Autoever Corp. | 12,677 | 1,685,151 |
Hyundai Bioscience Co., Ltd. * | 69,506 | 1,427,719 |
Hyundai Elevator Co., Ltd. | 45,338 | 1,543,567 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Hyundai GF Holdings | 1 | 3 |
Hyundai Green Food * | 36,057 | 343,179 |
Hyundai Home Shopping Network Corp. | 10,172 | 335,924 |
Hyundai Rotem Co., Ltd. * | 138,617 | 3,224,871 |
Il Dong Pharmaceutical Co., Ltd. * | 29,745 | 360,743 |
Ilyang Pharmaceutical Co., Ltd. | 23,679 | 286,817 |
iMarketKorea, Inc. | 35,216 | 246,452 |
InBody Co., Ltd. | 19,941 | 395,275 |
Innocean Worldwide, Inc. | 20,757 | 638,375 |
Innox Advanced Materials Co., Ltd. | 25,246 | 726,772 |
Insun ENT Co., Ltd. * | 43,900 | 279,658 |
Intellian Technologies, Inc. | 14,222 | 927,510 |
INTOPS Co., Ltd. | 22,628 | 505,888 |
IS Dongseo Co., Ltd. * | 25,556 | 613,885 |
i-SENS, Inc. | 32,924 | 828,238 |
JB Financial Group Co., Ltd. | 278,405 | 2,045,253 |
Jeju Air Co., Ltd. * | 59,655 | 584,928 |
JR Global Reit | 212,830 | 670,654 |
Jusung Engineering Co., Ltd. | 67,388 | 1,396,960 |
JW Pharmaceutical Corp. | 28,574 | 995,523 |
JYP Entertainment Corp. | 52,077 | 4,420,684 |
KCC Glass Corp. | 18,020 | 570,560 |
KEPCO Engineering & Construction Co., Inc. | 23,775 | 1,190,774 |
KH Vatec Co., Ltd. | 28,591 | 325,333 |
KIWOOM Securities Co., Ltd. | 25,063 | 1,958,773 |
KMW Co., Ltd. * | 55,708 | 469,941 |
Koh Young Technology, Inc. | 109,952 | 1,081,427 |
Kolmar Korea Co., Ltd. | 29,770 | 1,301,839 |
Kolon Industries, Inc. | 35,100 | 1,349,030 |
Komipharm International Co., Ltd. * | 74,208 | 305,422 |
Korea Electric Terminal Co., Ltd. | 13,245 | 533,107 |
Korea Line Corp. * | 261,583 | 355,440 |
Korea Petrochemical Ind Co., Ltd. | 5,767 | 561,538 |
Korea Real Estate Investment & Trust Co., Ltd. | 244,691 | 229,742 |
Korea United Pharm, Inc. | 16,289 | 335,824 |
Korean Reinsurance Co. | 184,208 | 1,103,785 |
Kuk-il Paper Manufacturing Co., Ltd. *(b) | 146,037 | 31,820 |
Kum Yang Co., Ltd. * | 56,527 | 5,516,915 |
Kumho Tire Co., Inc. * | 252,665 | 945,284 |
Kwang Dong Pharmaceutical Co., Ltd. | 57,964 | 280,666 |
L&C Bio Co., Ltd. | 22,600 | 624,097 |
LEENO Industrial, Inc. | 17,491 | 2,224,503 |
LegoChem Biosciences, Inc. * | 34,670 | 925,932 |
LF Corp. | 33,309 | 367,426 |
LG Hausys Ltd. | 12,180 | 471,811 |
LIG Nex1 Co., Ltd. | 20,773 | 1,332,741 |
LOTTE Reit Co., Ltd. | 231,110 | 595,369 |
Lotte Rental Co., Ltd. | 21,147 | 443,979 |
Lotte Tour Development Co., Ltd. * | 66,188 | 857,803 |
Lotte Wellfood Co., Ltd. | 4,915 | 414,247 |
LS Electric Co., Ltd. | 29,074 | 2,195,260 |
LX Holdings Corp. | 77,167 | 473,482 |
LX International Corp. | 42,649 | 979,306 |
LX Semicon Co., Ltd. | 21,195 | 1,428,768 |
Mcnex Co., Ltd. | 22,078 | 486,075 |
Medipost Co., Ltd. * | 27,518 | 189,873 |
MedPacto, Inc. * | 23,794 | 264,448 |
Medytox, Inc. | 9,441 | 1,764,272 |
MegaStudyEdu Co., Ltd. | 14,818 | 577,361 |
Mezzion Pharma Co., Ltd. * | 28,459 | 1,065,800 |
Modetour Network, Inc. * | 28,450 | 349,988 |
Myoung Shin Industrial Co., Ltd. * | 50,666 | 818,399 |
Namsun Aluminum Co., Ltd. * | 171,722 | 331,946 |
Namyang Dairy Products Co., Ltd. | 844 | 297,244 |
Naturecell Co., Ltd. * | 86,823 | 506,454 |
Neowiz * | 22,139 | 590,429 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
NEPES Corp. * | 30,785 | 412,252 |
Nexen Tire Corp. | 62,630 | 377,652 |
NHN KCP Corp. | 41,705 | 287,131 |
NICE Holdings Co., Ltd. | 34,714 | 368,742 |
NICE Information Service Co., Ltd. | 63,086 | 467,746 |
NKMax Co., Ltd. * | 56,782 | 632,367 |
Orion Holdings Corp. | 37,378 | 430,409 |
Oscotec, Inc. * | 61,767 | 1,308,474 |
Park Systems Corp. | 8,288 | 1,128,685 |
Partron Co., Ltd. | 79,548 | 488,091 |
People & Technology, Inc. | 35,443 | 1,877,065 |
PharmaResearch Co., Ltd. | 11,532 | 1,264,223 |
Pharmicell Co., Ltd. * | 104,976 | 551,983 |
PI Advanced Materials Co., Ltd. | 23,306 | 523,691 |
Poongsan Corp. | 35,691 | 953,200 |
Posco DX Co., Ltd. | 101,836 | 4,322,300 |
RFHIC Corp. | 31,869 | 420,017 |
S&S Tech Corp. | 30,488 | 1,093,347 |
Sam Chun Dang Pharm Co., Ltd. * | 25,212 | 1,676,667 |
SAM KANG M&T Co., Ltd. * | 46,452 | 759,117 |
Sambu Engineering & Construction Co., Ltd. * | 289,000 | 760,900 |
Samchully Co., Ltd. | 4,198 | 347,782 |
Samsung Pharmaceutical Co., Ltd. * | 115,166 | 250,939 |
Samwha Capacitor Co., Ltd. | 14,526 | 436,852 |
Samyang Foods Co., Ltd. | 7,654 | 1,125,733 |
Samyang Holdings Corp. | 11,513 | 607,987 |
Seah Besteel Holdings Corp. | 21,440 | 382,814 |
Sebang Global Battery Co., Ltd. | 15,286 | 692,742 |
Seojin System Co., Ltd. * | 36,850 | 448,863 |
Seoul Semiconductor Co., Ltd. | 65,377 | 584,152 |
SFA Engineering Corp. | 35,542 | 894,096 |
SFA Semicon Co., Ltd. * | 146,068 | 552,555 |
Shinhan Alpha REIT Co., Ltd. | 119,384 | 561,807 |
Shinsegae International, Inc. | 21,343 | 304,865 |
Shinsung E&G Co., Ltd. * | 289,090 | 645,217 |
SIMMTECH Co., Ltd. | 37,055 | 1,016,262 |
SK Discovery Co., Ltd. | 20,733 | 657,244 |
SK Gas Ltd. | 4,864 | 463,308 |
SK REITs Co., Ltd. | 212,896 | 748,982 |
SK Securities Co., Ltd. | 626,255 | 307,501 |
SL Corp. | 28,929 | 783,551 |
SM Entertainment Co., Ltd. | 21,353 | 2,221,326 |
SNT Motiv Co., Ltd. | 13,389 | 495,851 |
Solid, Inc. | 84,353 | 379,724 |
SOLUM Co., Ltd. * | 65,453 | 1,507,883 |
Songwon Industrial Co., Ltd. | 28,913 | 426,340 |
Soulbrain Co., Ltd. | 7,910 | 1,361,472 |
ST Pharm Co., Ltd. | 17,213 | 1,056,156 |
STCUBE * | 86,894 | 869,762 |
Studio Dragon Corp. * | 12,865 | 502,239 |
Sung Kwang Bend Co., Ltd. | 32,132 | 371,217 |
Sungeel Hitech Co., Ltd. * | 9,665 | 929,390 |
Sungwoo Hitech Co., Ltd. | 86,706 | 663,210 |
Taekwang Industrial Co., Ltd. | 1,008 | 462,151 |
Taihan Electric Wire Co., Ltd. * | 71,116 | 710,218 |
TES Co., Ltd. | 23,361 | 347,477 |
The Nature Holdings Co., Ltd.. | 16,915 | 277,064 |
TK Corp. | 24,234 | 376,780 |
TKG Huchems Co., Ltd. | 42,632 | 714,431 |
Tokai Carbon Korea Co., Ltd. | 7,691 | 534,166 |
Unid Co., Ltd. | 6,613 | 290,687 |
UniTest, Inc. * | 30,235 | 317,962 |
Vaxcell-Bio Therapeutics Co., Ltd. * | 19,392 | 616,201 |
Vieworks Co., Ltd. | 13,691 | 317,998 |
Webzen, Inc. | 28,215 | 303,550 |
WONIK IPS Co., Ltd. | 64,829 | 1,513,126 |
W-Scope Chungju Plant Co., Ltd. * | 41,502 | 2,072,353 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Wysiwyg Studios Co., Ltd. * | 176,320 | 402,865 |
YG Entertainment, Inc. | 21,274 | 1,311,769 |
Youlchon Chemical Co., Ltd. | 24,449 | 593,768 |
Young Poong Corp. | 942 | 388,417 |
Youngone Corp. | 58,158 | 2,362,841 |
Youngone Holdings Co., Ltd. | 10,251 | 580,896 |
Yuanta Securities Korea Co., Ltd. | 147,440 | 283,892 |
Yungjin Pharmaceutical Co., Ltd. * | 149,827 | 281,120 |
Zinus, Inc. | 19,843 | 396,335 |
244,319,310 | ||
Singapore 0.9% | ||
AEM Holdings Ltd. | 522,367 | 1,361,519 |
AIMS APAC REIT | 1,088,562 | 1,015,615 |
Ascendas India Trust | 1,804,857 | 1,550,266 |
CapitaLand China Trust | 2,234,124 | 1,497,136 |
CDL Hospitality Trusts | 1,685,045 | 1,285,151 |
Cromwell European Real Estate Investment Trust | 617,731 | 952,045 |
Digital Core REIT Management Pte Ltd. | 1,362,881 | 756,399 |
Eagle Hospitality Trust *(b) | 940,343 | 0 |
ESR-LOGOS REIT | 11,810,545 | 2,711,047 |
Far East Hospitality Trust | 1,868,970 | 878,783 |
First Real Estate Investment Trust | 2,021,257 | 381,652 |
First Resources Ltd. | 972,794 | 1,116,498 |
Frasers Centrepoint Trust | 2,073,713 | 3,439,554 |
iFAST Corp., Ltd. | 300,558 | 1,264,102 |
Keppel Infrastructure Trust | 7,099,775 | 2,602,287 |
Keppel Pacific Oak US REIT | 1,666,023 | 366,525 |
Lendlease Global Commercial REIT | 3,650,302 | 1,554,183 |
Manulife US Real Estate Investment Trust | 3,064,488 | 208,385 |
Nanofilm Technologies International Ltd. | 412,859 | 324,051 |
OUE Commercial Real Estate Investment Trust | 3,984,567 | 693,353 |
Parkway Life Real Estate Investment Trust | 746,993 | 2,123,993 |
Raffles Medical Group Ltd. | 1,775,923 | 1,656,914 |
Riverstone Holdings Ltd. | 1,030,466 | 480,706 |
Sheng Siong Group Ltd. | 805,271 | 906,340 |
Silverlake Axis Ltd. | 1,420,871 | 299,851 |
SPH REIT | 2,126,657 | 1,417,246 |
Starhill Global REIT | 2,754,134 | 989,082 |
The Hour Glass Ltd. | 417,603 | 606,073 |
UMS Holdings Ltd. | 885,172 | 819,300 |
33,258,056 | ||
Spain 1.9% | ||
Acerinox S.A. | 377,093 | 3,792,368 |
Almirall S.A. | 139,559 | 1,418,520 |
Applus Services S.A. | 249,970 | 2,571,970 |
Atresmedia Corp de Medios de Comunicaion S.A. | 148,542 | 590,710 |
Banco De Sabadell S.A. | 10,781,885 | 12,497,860 |
Cia de Distribucion Integral Logista Holdings S.A. | 120,466 | 3,268,694 |
Cie Automotive S.A. | 95,432 | 2,908,445 |
Construcciones y Auxiliar de Ferrocarriles S.A. | 34,800 | 1,250,193 |
Distribuidora Internacional de Alimentacion S.A. * | 22,298,645 | 336,405 |
Ebro Foods S.A. | 148,562 | 2,686,287 |
Ence Energia y Celulosa S.A. (a) | 239,714 | 764,390 |
Faes Farma S.A. | 616,468 | 2,161,139 |
Fluidra S.A. | 210,246 | 4,737,234 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Fomento de Construcciones y Contratas S.A. | 92,815 | 1,196,752 |
Gestamp Automocion S.A. | 301,516 | 1,350,235 |
Global Dominion Access S.A. | 195,313 | 782,217 |
Indra Sistemas S.A. | 236,553 | 3,350,493 |
Laboratorios Farmaceuticos Rovi S.A. | 40,787 | 2,324,078 |
Lar Espana Real Estate Socimi S.A. | 116,525 | 729,734 |
Let's GOWEX S.A. *(b) | 5,361 | 0 |
Linea Directa Aseguradora S.A. Cia de Seguros y Reaseguros | 1,287,760 | 1,306,821 |
Melia Hotels International S.A. * | 199,368 | 1,305,877 |
Neinor Homes S.A. * | 78,238 | 784,620 |
Pharma Mar S.A. | 25,709 | 996,146 |
Prosegur Cash S.A. | 705,929 | 456,643 |
Prosegur Cia de Seguridad S.A. | 467,818 | 817,471 |
Sacyr S.A. | 767,045 | 2,445,921 |
Solaria Energia y Medio Ambiente S.A. * | 115,296 | 1,719,375 |
Tecnicas Reunidas S.A. *(a) | 84,239 | 777,145 |
Unicaja Banco S.A. | 2,361,800 | 2,614,647 |
Vidrala SA | 35,724 | 3,365,499 |
Viscofan S.A. | 74,403 | 4,845,197 |
70,153,086 | ||
Sweden 4.6% | ||
AAK AB | 334,041 | 6,198,881 |
AddLife AB, B Shares | 207,650 | 1,435,548 |
Addnode Group AB | 230,983 | 1,567,324 |
AddTech AB, B Shares | 361,574 | 6,122,049 |
AFRY AB | 185,626 | 2,444,522 |
Alleima AB | 352,444 | 1,616,429 |
Arjo AB, B Shares | 426,802 | 1,682,278 |
Atrium Ljungberg AB, B Shares | 84,005 | 1,529,749 |
Attendo AB * | 204,808 | 580,762 |
Avanza Bank Holding AB | 241,382 | 4,673,375 |
Beijer Alma AB | 85,574 | 1,342,625 |
Betsson AB, B Shares * | 229,418 | 2,569,505 |
BICO Group AB *(a) | 85,691 | 345,037 |
Bilia AB, A Shares | 134,966 | 1,291,741 |
Billerud Aktiebolag | 406,536 | 3,326,571 |
BioArctic AB *(a) | 66,133 | 1,879,523 |
Biotage AB | 125,424 | 1,363,068 |
Boozt AB * | 118,120 | 1,091,676 |
Bravida Holding AB | 390,855 | 2,784,198 |
Bufab AB | 57,343 | 1,545,919 |
Bure Equity AB | 102,777 | 2,064,945 |
Camurus AB * | 38,866 | 1,043,535 |
Catena AB | 64,743 | 2,365,063 |
Cibus Nordic Real Estate AB | 109,014 | 1,174,773 |
Cint Group AB * | 382,602 | 333,164 |
Clas Ohlson AB, B Shares | 81,407 | 747,910 |
Cloetta AB, B Shares | 385,336 | 649,974 |
Collector Bank AB * | 165,454 | 519,032 |
Concentric AB | 75,547 | 1,185,305 |
Corem Property Group AB, B Shares | 1,264,752 | 925,761 |
Dios Fastigheter AB | 166,154 | 1,036,386 |
Dometic Group AB | 608,038 | 3,904,806 |
Electrolux Professional AB, B Shares | 433,817 | 2,335,502 |
Elekta AB, B Shares (a) | 694,501 | 4,971,277 |
Fabege AB | 477,989 | 4,098,084 |
Fagerhult Group AB | 134,241 | 644,853 |
Fortnox AB | 947,010 | 4,922,767 |
Granges AB | 200,390 | 1,912,415 |
Hemnet Group AB | 147,548 | 2,674,753 |
Hexatronic Group AB | 384,383 | 2,092,186 |
Hexpol AB | 473,409 | 4,669,282 |
HMS Networks AB | 53,791 | 2,158,537 |
Hufvudstaden AB, A Shares | 205,050 | 2,368,864 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Instalco AB | 455,580 | 1,551,899 |
Intrum AB (a) | 147,854 | 934,662 |
Investment AB Oresund | 57,492 | 535,547 |
INVISIO AB | 63,798 | 1,243,927 |
JM AB | 126,496 | 1,668,145 |
Lagercrantz Group AB, B Shares | 363,251 | 3,811,682 |
Lindab International AB | 130,978 | 1,925,813 |
Loomis AB | 135,875 | 3,608,476 |
Medicover AB, B Shares | 122,982 | 1,776,797 |
MEKO AB | 79,743 | 716,601 |
MIPS AB | 41,426 | 1,533,343 |
Modern Times Group MTG AB, B Shares * | 231,383 | 1,573,207 |
Munters Group AB | 204,534 | 2,531,015 |
Mycronic AB | 130,899 | 2,684,948 |
NCC AB, B Shares | 171,026 | 1,760,256 |
Nobia AB * | 221,790 | 186,650 |
Nolato AB, B Shares | 337,751 | 1,447,870 |
Nordnet AB publ | 325,985 | 4,230,401 |
NP3 Fastigheter AB | 58,048 | 891,668 |
Nyfosa AB | 345,429 | 2,173,541 |
OX2 AB * | 284,420 | 1,380,553 |
Pandox AB | 168,473 | 1,873,991 |
Peab AB, B Shares | 370,747 | 1,508,057 |
Platzer Fastigheter Holding AB, B Shares | 100,606 | 670,713 |
Ratos AB, B Shares | 395,929 | 1,225,764 |
Resurs Holding AB | 269,484 | 590,655 |
Samhallsbyggnadsbolaget i Norden AB (a) | 2,109,588 | 677,675 |
Scandic Hotels Group AB *(a) | 257,169 | 834,926 |
Sdiptech AB, B Shares * | 56,457 | 1,288,984 |
Sectra AB, B Shares * | 247,170 | 3,859,950 |
Sinch AB * | 1,185,659 | 2,493,155 |
SkiStar AB | 76,919 | 820,477 |
Stillfront Group AB * | 898,366 | 1,476,779 |
Storskogen Group AB, B Shares | 2,626,516 | 1,986,096 |
Systemair AB * | 141,446 | 865,477 |
Thule Group AB | 201,465 | 5,837,939 |
Troax Group AB | 64,338 | 1,032,943 |
Truecaller AB, B Shares * | 377,949 | 1,183,906 |
Viaplay Group AB, B Shares *(a) | 142,653 | 670,280 |
Vitec Software Group AB, B Shares | 50,937 | 2,751,553 |
Vitrolife AB | 127,320 | 1,738,312 |
Volati AB | 38,122 | 318,557 |
Wallenstam AB, B Shares | 637,075 | 2,300,473 |
Wihlborgs Fastigheter AB | 503,406 | 3,873,273 |
172,236,890 | ||
Switzerland 4.3% | ||
Accelleron Industries AG | 179,754 | 4,863,992 |
Allreal Holding AG | 27,905 | 4,878,044 |
ALSO Holding AG | 5,113 | 1,244,602 |
ams-OSRAM AG *(a) | 469,905 | 3,301,704 |
APG SGA S.A. | 2,093 | 431,278 |
Arbonia AG | 84,596 | 895,525 |
Aryzta AG * | 1,790,814 | 2,982,494 |
Autoneum Holding AG * | 5,594 | 834,746 |
Basilea Pharmaceutica AG * | 22,068 | 1,205,526 |
Bell Food Group AG | 3,627 | 1,096,416 |
Bossard Holding AG, Class A | 4,830 | 1,107,359 |
Bucher Industries AG | 12,387 | 5,090,836 |
Burckhardt Compression Holding AG | 6,015 | 3,548,050 |
Bystronic AG | 2,440 | 1,646,465 |
Cembra Money Bank AG | 56,352 | 4,115,147 |
Comet Holding AG | 14,255 | 3,666,840 |
COSMO Pharmaceuticals N.V. | 18,525 | 934,377 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Daetwyler Holding AG | 14,239 | 2,969,515 |
DocMorris AG *(a) | 15,419 | 1,165,263 |
dormakaba Holding AG | 5,780 | 3,033,150 |
Dottikon Es Holding AG * | 8,439 | 2,111,541 |
Dufry AG * | 201,679 | 8,987,360 |
EFG International AG | 148,866 | 1,668,580 |
Forbo Holding AG | 1,801 | 2,434,638 |
Galenica AG | 93,962 | 7,468,024 |
Hiag Immobilien Holding AG | 6,678 | 565,541 |
Huber & Suhner AG | 32,140 | 2,481,685 |
Idorsia Ltd. *(a) | 233,082 | 1,278,817 |
Implenia AG | 28,252 | 1,007,572 |
Inficon Holding AG | 3,717 | 4,746,987 |
Interroll Holding AG | 1,032 | 3,078,766 |
Intershop Holding AG | 2,177 | 1,478,856 |
Kardex Holding AG | 10,986 | 2,531,164 |
Komax Holding AG | 8,982 | 2,252,491 |
Landis & Gyr Group AG | 46,837 | 3,473,335 |
LEM Holding S.A. | 901 | 2,032,032 |
Leonteq AG | 19,662 | 889,326 |
Medacta Group S.A. | 11,511 | 1,616,036 |
Medartis Holding AG * | 8,957 | 865,024 |
Medmix AG | 48,369 | 1,440,254 |
Meyer Burger Technology AG *(a) | 6,864,508 | 3,085,434 |
Mobimo Holding AG | 13,817 | 4,043,809 |
Montana Aerospace AG * | 42,966 | 674,224 |
OC Oerlikon Corp. AG | 353,267 | 1,736,638 |
PIERER Mobility AG | 17,560 | 1,439,393 |
PolyPeptide Group AG * | 27,793 | 786,669 |
Rieter Holding AG | 5,710 | 604,455 |
Schweiter Technologies AG | 1,827 | 1,317,633 |
Sensirion Holding AG * | 19,572 | 1,721,760 |
SFS Group AG | 33,120 | 3,802,285 |
Siegfried Holding AG | 7,832 | 7,089,368 |
SKAN Group AG | 21,133 | 1,923,683 |
Softwareone Holding AG | 209,156 | 4,184,304 |
St. Galler Kantonalbank AG | 5,399 | 3,019,650 |
Stadler Rail AG | 100,887 | 4,105,156 |
Sulzer AG | 32,849 | 3,347,195 |
Swissquote Group Holding S.A. | 16,513 | 3,290,448 |
TX Group AG | 5,911 | 619,710 |
u-blox Holding AG | 12,982 | 1,159,671 |
Valiant Holding AG | 30,457 | 3,272,425 |
Vetropack Holding AG | 23,074 | 1,218,683 |
Vontobel Holding AG | 52,114 | 3,233,340 |
VP Bank AG, Class A | 4,762 | 484,152 |
VZ Holding AG | 25,641 | 2,595,308 |
Ypsomed Holding AG | 6,540 | 1,932,567 |
Zehnder Group AG | 17,492 | 1,158,542 |
163,265,860 | ||
United Kingdom 12.4% | ||
4imprint Group plc | 53,634 | 3,466,077 |
888 Holdings plc * | 670,045 | 1,083,384 |
AG Barr plc | 166,502 | 1,028,542 |
AJ Bell plc | 559,842 | 2,058,689 |
Alphawave IP Group plc * | 553,605 | 1,010,160 |
AO World plc * | 840,690 | 994,439 |
Ascential plc * | 831,697 | 2,114,092 |
Ashmore Group plc | 862,508 | 2,120,277 |
ASOS plc *(a) | 123,995 | 688,815 |
Assura plc | 5,617,856 | 3,266,042 |
Aston Martin Lagonda Global Holdings plc *(a) | 496,522 | 2,242,353 |
Auction Technology Group plc * | 166,338 | 1,492,288 |
Avon Rubber plc | 55,932 | 460,682 |
Babcock International Group plc * | 482,156 | 2,360,763 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Bakkavor Group plc | 254,273 | 322,202 |
Balanced Commercial Property Trust Ltd. | 1,010,797 | 886,335 |
Balfour Beatty plc | 1,097,018 | 4,548,360 |
Bank of Georgia Group plc | 69,323 | 3,061,314 |
Bellway plc | 236,059 | 6,389,246 |
Big Yellow Group plc | 323,788 | 4,410,593 |
Bodycote plc | 357,041 | 3,004,097 |
Bridgepoint Group plc | 482,891 | 1,068,981 |
Britvic plc | 495,540 | 5,519,445 |
Bytes Technology Group plc | 383,378 | 2,358,059 |
C&C Group plc | 742,301 | 1,284,868 |
Capita plc * | 3,336,593 | 762,724 |
Capricorn Energy plc | 282,181 | 615,013 |
Carnival plc * | 282,928 | 4,027,882 |
Centamin plc | 2,252,366 | 2,504,459 |
Chemring Group plc | 540,965 | 1,994,757 |
Clarkson plc | 47,280 | 1,623,583 |
Close Brothers Group plc | 289,109 | 3,007,686 |
CLS Holdings plc | 305,482 | 490,832 |
CMC Markets plc | 209,627 | 281,566 |
Coats Group plc | 3,094,651 | 3,007,702 |
Computacenter plc | 124,677 | 3,444,059 |
Cranswick plc | 102,513 | 4,377,606 |
Crest Nicholson Holdings plc | 476,075 | 1,088,881 |
Currys plc | 1,854,835 | 1,176,352 |
Darktrace plc * | 775,558 | 3,534,944 |
Deliveroo plc * | 2,503,273 | 3,587,555 |
Diploma plc | 249,676 | 9,915,248 |
Diversified Energy Co., plc | 1,794,471 | 2,081,721 |
Domino's Pizza Group plc | 727,012 | 3,638,869 |
Dr. Martens plc | 1,107,866 | 2,206,823 |
Drax Group plc | 765,242 | 5,352,611 |
Dunelm Group plc | 215,466 | 3,178,041 |
easyJet plc * | 710,700 | 3,811,183 |
Elementis plc * | 1,087,417 | 1,573,584 |
Energean plc | 258,143 | 3,722,463 |
Essentra plc | 578,926 | 1,082,772 |
FDM Group Holdings plc | 167,158 | 1,220,049 |
Ferrexpo plc * | 558,052 | 546,969 |
Finablr plc *(b) | 225,475 | 0 |
FirstGroup plc | 1,369,628 | 2,518,244 |
Frasers Group plc * | 245,632 | 2,510,251 |
Future plc | 234,612 | 2,308,445 |
Games Workshop Group plc | 62,664 | 8,591,582 |
Genuit Group plc | 442,961 | 1,790,540 |
Genus plc | 127,077 | 3,748,674 |
Grafton Group plc | 382,318 | 4,178,416 |
Grainger plc | 1,393,602 | 4,171,060 |
Great Portland Estates plc | 418,214 | 2,226,806 |
Greencore Group plc * | 988,878 | 1,055,700 |
Greggs plc | 190,920 | 5,965,849 |
Halfords Group plc | 410,511 | 951,407 |
Hammerson plc (a) | 7,446,599 | 2,266,516 |
Harbour Energy plc | 1,312,999 | 4,159,414 |
Hays plc | 3,070,422 | 4,166,922 |
Helical plc | 199,894 | 595,245 |
Helios Towers plc * | 1,482,631 | 1,712,449 |
Hill & Smith plc | 151,908 | 3,449,423 |
Hilton Food Group plc | 159,620 | 1,363,248 |
Hochschild Mining plc | 618,153 | 715,929 |
Home REIT plc (b) | 1,478,309 | 356,384 |
Ibstock plc | 709,085 | 1,337,891 |
IG Group Holdings plc | 730,961 | 6,265,991 |
Inchcape plc | 714,896 | 6,916,393 |
Indivior plc * | 240,088 | 5,536,938 |
IntegraFin Holdings plc | 553,975 | 1,691,745 |
International Distributions Services plc * | 1,297,998 | 3,996,760 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Investec plc | 1,196,589 | 7,085,468 |
IP Group plc | 1,896,944 | 1,410,978 |
Ithaca Energy plc | 204,116 | 366,759 |
IWG plc * | 1,394,749 | 3,167,101 |
J.D. Wetherspoon plc * | 184,472 | 1,690,038 |
John Wood Group plc * | 1,311,224 | 2,655,103 |
JTC plc | 256,304 | 2,263,685 |
Jupiter Fund Management plc | 806,115 | 1,016,361 |
Just Group plc | 1,985,056 | 1,896,583 |
Kainos Group plc | 179,435 | 2,762,557 |
Keller Group plc | 137,316 | 1,338,059 |
Lancashire Holdings Ltd. | 474,113 | 3,439,419 |
Liontrust Asset Management plc | 117,497 | 981,160 |
LondonMetric Property plc | 2,033,462 | 4,668,980 |
LXI REIT plc | 2,891,216 | 3,421,805 |
Man Group plc | 2,261,144 | 6,068,508 |
Marks & Spencer Group plc * | 3,771,429 | 10,838,689 |
Marshalls plc | 431,030 | 1,501,993 |
Mitchells & Butlers plc * | 488,250 | 1,364,821 |
Mitie Group plc | 2,610,958 | 3,215,836 |
Mobico Group plc | 1,030,519 | 1,092,973 |
Molten Ventures plc * | 285,961 | 881,973 |
Moneysupermarket.com Group plc | 991,000 | 3,119,270 |
Moonpig Group plc * | 530,025 | 1,138,397 |
Morgan Advanced Materials plc | 542,254 | 1,807,117 |
Morgan Sindall Group plc | 81,750 | 2,044,856 |
NCC Group plc | 568,721 | 718,492 |
Network International Holdings plc * | 860,915 | 4,232,722 |
Ninety One plc | 636,052 | 1,380,631 |
OSB Group plc | 824,450 | 3,566,610 |
Oxford Biomedica plc * | 161,152 | 658,557 |
Oxford Instruments plc | 101,744 | 2,855,685 |
Oxford Nanopore Technologies plc * | 1,216,726 | 3,669,421 |
Pagegroup plc | 594,620 | 3,155,542 |
Paragon Banking Group plc | 430,852 | 2,874,447 |
Pennon Group plc | 508,187 | 4,153,470 |
Petershill Partners plc | 526,092 | 1,166,615 |
Petrofac Ltd. *(a) | 831,749 | 761,479 |
Pets at Home Group plc | 878,393 | 4,202,896 |
Picton Property Income Ltd. | 1,009,548 | 881,402 |
Playtech plc * | 591,025 | 3,931,814 |
Plus500 Ltd. | 170,258 | 3,080,800 |
Premier Foods plc | 1,240,829 | 1,937,093 |
Primary Health Properties plc | 2,572,858 | 3,066,214 |
PureTech Health plc * | 475,678 | 1,194,660 |
PZ Cussons plc | 474,276 | 953,152 |
QinetiQ Group plc | 987,837 | 4,173,291 |
Quilter plc | 2,644,472 | 2,868,405 |
Rank Group plc * | 406,084 | 432,238 |
Rathbone Brothers plc | 114,681 | 2,560,502 |
Redde Northgate plc | 439,571 | 1,787,977 |
Redrow plc | 516,266 | 3,110,001 |
Rhi Magnesita N.V. | 54,917 | 1,970,733 |
Rotork plc | 1,651,009 | 6,297,145 |
S4 Capital plc * | 1,026,337 | 1,290,118 |
Safestore Holdings plc | 411,607 | 4,508,951 |
Savills plc | 254,421 | 2,935,355 |
Senior plc | 807,005 | 1,842,718 |
Serco Group plc | 2,128,070 | 4,123,074 |
Shaftesbury Capital plc | 2,602,732 | 3,878,507 |
SIG plc * | 1,279,882 | 546,547 |
Sirius Real Estate Ltd. | 2,244,175 | 2,476,867 |
Softcat plc | 238,506 | 4,545,429 |
Spectris plc | 201,237 | 8,478,661 |
Spire Healthcare Group plc | 533,915 | 1,471,496 |
Spirent Communications plc | 1,124,934 | 2,236,546 |
SSP Group plc * | 1,491,737 | 4,442,096 |
Supermarket Income REIT plc | 2,362,384 | 2,310,977 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Synthomer plc * | 639,230 | 518,400 |
TBC Bank Group plc | 96,351 | 3,473,492 |
Telecom Plus plc | 134,091 | 2,701,622 |
THG plc * | 1,833,042 | 2,287,897 |
TI Fluid Systems plc | 598,594 | 960,271 |
TP ICAP Group plc | 1,506,882 | 3,154,402 |
Trainline plc * | 884,479 | 2,606,904 |
Travis Perkins plc | 410,630 | 4,483,159 |
Tritax Big Box REIT plc | 3,584,829 | 6,414,029 |
Trustpilot Group plc * | 635,316 | 662,548 |
TUI AG * | 859,702 | 5,124,400 |
Tullow Oil plc *(a) | 2,204,909 | 977,882 |
UK Commercial Property REIT Ltd. | 1,423,222 | 973,855 |
Vanquis Banking Group plc | 487,797 | 640,364 |
Vesuvius plc | 406,117 | 2,268,405 |
Victrex plc | 168,115 | 3,199,663 |
Virgin Money UK plc | 2,263,263 | 4,667,494 |
Vistry Group plc | 659,702 | 6,541,238 |
Volution Group plc | 361,716 | 1,749,973 |
Watches of Switzerland Group plc * | 443,960 | 3,276,933 |
WH Smith plc | 239,550 | 4,453,014 |
Wickes Group plc | 485,468 | 863,685 |
Workspace Group plc | 277,711 | 1,766,544 |
XP Power Ltd. | 34,371 | 938,571 |
468,316,829 | ||
Total Common Stocks (Cost $3,721,545,475) | 3,748,980,827 | |
PREFERRED STOCKS 0.1% OF NET ASSETS | ||
Germany 0.0% | ||
Draegerwerk AG & Co. KGaA | 16,242 | 786,220 |
Italy 0.1% | ||
Danieli & C Officine Meccaniche S.p.A. - RSP | 76,222 | 1,442,768 |
Republic of Korea 0.0% | ||
Daishin Securities Co., Ltd. | 34,567 | 353,058 |
Sweden 0.0% | ||
Corem Property Group AB | 21,810 | 376,052 |
Total Preferred Stocks (Cost $3,031,322) | 2,958,098 | |
RIGHTS 0.0% OF NET ASSETS | ||
Republic of Korea 0.0% | ||
CJ CGV Co., Ltd. | ||
expires 09/07/23, strike KRW 5,560.00 *(b) | 62,417 | 93,029 |
SK REITs Co., Ltd. | ||
expires 09/22/23, strike KRW 4,260.00 *(b) | 79,696 | 23,516 |
116,545 | ||
Total Rights (Cost $290,341) | 116,545 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
WARRANTS 0.0% OF NET ASSETS | ||
Australia 0.0% | ||
PointsBet Holdings Ltd. | ||
expires 07/08/24 *(b) | 19,829 | 144 |
Italy 0.0% | ||
Webuild S.p.A. | ||
expires 08/02/30 *(a)(b) | 41,766 | 85,493 |
Total Warrants (Cost $0) | 85,637 |
SHORT-TERM INVESTMENTS 2.2% OF NET ASSETS | ||
Money Market Funds 2.2% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (c) | 1,242,061 | 1,242,061 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (c)(d) | 79,217,413 | 79,217,413 |
80,459,474 | ||
Total Short-Term Investments (Cost $80,459,474) | 80,459,474 | |
Total Investments in Securities (Cost $3,805,326,612) | 3,832,600,581 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED DEPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
MSCI EAFE Index, expires 09/15/23 | 138 | 14,554,170 | (239,857 ) |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $74,679,811. |
(b) | Fair valued using significant unobservable inputs (see financial note 2(a), Securities for which no quoted value is available, for additional information). |
(c) | The rate shown is the annualized 7-day yield. |
(d) | Security purchased with cash collateral received for securities on loan. |
CVA — | Dutch Certificate |
REIT — | Real Estate Investment Trust |
RSP — | Risparmio (Savings Shares) |
KRW — | South Korean Won |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Common Stocks1 | $1,982,851,494 | $— | $— | $1,982,851,494 |
Australia | 230,884,267 | — | 2,988,840 * | 233,873,107 |
Hong Kong | 28,464,396 | — | 10,733 * | 28,475,129 |
Japan | 687,161,122 | — | 572,694 | 687,733,816 |
Republic of Korea | 244,116,102 | — | 203,208 | 244,319,310 |
Singapore | 33,258,056 | — | 0 * | 33,258,056 |
Spain | 70,153,086 | — | 0 * | 70,153,086 |
United Kingdom | 467,960,445 | — | 356,384 * | 468,316,829 |
Preferred Stocks1 | 2,958,098 | — | — | 2,958,098 |
Rights1 | ||||
Republic of Korea | — | — | 116,545 | 116,545 |
Warrants1 | ||||
Australia | — | — | 144 | 144 |
Italy | — | — | 85,493 | 85,493 |
Short-Term Investments1 | 80,459,474 | — | — | 80,459,474 |
Liabilities | ||||
Futures Contracts2 | (239,857 ) | — | — | (239,857 ) |
Total | $3,828,026,683 | $— | $4,334,041 | $3,832,360,724 |
* | Level 3 amount shown includes securities determined to have no value at August 31, 2023. |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - unaffiliated (cost $3,805,326,612) including securities on loan of $74,679,811 | $3,832,600,581 | |
Foreign currency, at value (cost $2,062,236) | 2,058,559 | |
Deposit with broker for futures contracts | 868,174 | |
Receivables: | ||
Dividends | 7,181,355 | |
Foreign tax reclaims | 3,248,581 | |
Income from securities on loan | 254,518 | |
Investments sold | + | 79,561 |
Total assets | 3,846,291,329 | |
Liabilities | ||
Collateral held for securities on loan | 79,217,413 | |
Payables: | ||
Management fees | 350,340 | |
Investments bought | 91,687 | |
Variation margin on futures contracts | 67,542 | |
Foreign capital gains tax | + | 26,985 |
Total liabilities | 79,753,967 | |
Net assets | $3,766,537,362 | |
Net Assets by Source | ||
Capital received from investors | $4,038,798,603 | |
Total distributable loss | + | (272,261,241 ) |
Net assets | $3,766,537,362 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$3,766,537,362 | 110,700,000 | $34.02 | ||
For the period September 1, 2022 through August 31, 2023 | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $12,283,583) | $104,390,243 | |
Securities on loan, net | + | 4,229,277 |
Total investment income | 108,619,520 | |
Expenses | ||
Management fees | 3,902,104 | |
Professional fees | + | 2,773 1 |
Total expenses | 3,904,877 | |
Expense reduction | – | 2,773 1 |
Net expenses | – | 3,902,104 |
Net investment income | 104,717,416 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated (net of foreign capital gains tax paid of $932) | (112,647,525 ) | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 35,519,443 | |
Net realized gains on futures contracts | 1,607,827 | |
Net realized losses on foreign currency transactions | + | (640,248 ) |
Net realized losses | (76,160,503 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated (net of change in foreign capital gains tax of $148,243) | 295,906,980 | |
Net change in unrealized appreciation (depreciation) on futures contracts | 253,692 | |
Net change in unrealized appreciation (depreciation) on foreign currency translations | + | 348,676 |
Net change in unrealized appreciation (depreciation) | + | 296,509,348 |
Net realized and unrealized gains | 220,348,845 | |
Increase in net assets resulting from operations | $325,066,261 |
1 | Professional fees associated with the filing of tax claims in the European Union deemed to be non-contingent and non-routine expenses of the fund (see financial notes 2(d) and 4 for additional information). |
OPERATIONS | |||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||
Net investment income | $104,717,416 | $89,950,559 | |
Net realized gains (losses) | (76,160,503 ) | 68,253,006 | |
Net change in unrealized appreciation (depreciation) | + | 296,509,348 | (1,174,022,628 ) |
Increase (decrease) in net assets resulting from operations | $325,066,261 | ($1,015,819,063 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($78,014,800 ) | ($93,611,110 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 8,600,000 | $278,096,357 | 21,600,000 | $800,090,348 | |
Shares redeemed | + | (4,700,000 ) | (141,319,157 ) | (3,500,000 ) | (140,297,403 ) |
Net transactions in fund shares | 3,900,000 | $136,777,200 | 18,100,000 | $659,792,945 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 106,800,000 | $3,382,708,701 | 88,700,000 | $3,832,345,929 | |
Total increase (decrease) | + | 3,900,000 | 383,828,661 | 18,100,000 | (449,637,228 ) |
End of period | 110,700,000 | $3,766,537,362 | 106,800,000 | $3,382,708,701 |
9/1/22– 8/31/23 | 9/1/21– 8/31/22 | 9/1/20– 8/31/21 | 9/1/19– 8/31/20 | 9/1/18– 8/31/19 | ||
Per-Share Data | ||||||
Net asset value at beginning of period | $25.22 | $31.64 | $27.11 | $24.82 | $25.89 | |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 0.75 | 0.93 | 0.63 | 0.79 | 0.72 | |
Net realized and unrealized gains (losses) | (0.62 ) | (6.63 ) | 4.64 | 2.34 | (1.00 ) | |
Total from investment operations | 0.13 | (5.70 ) | 5.27 | 3.13 | (0.28 ) | |
Less distributions: | ||||||
Distributions from net investment income | (0.73 ) | (0.72 ) | (0.74 ) | (0.84 ) | (0.79 ) | |
Net asset value at end of period | $24.62 | $25.22 | $31.64 | $27.11 | $24.82 | |
Total return | 0.61 % | (18.32 %) | 19.53 % | 12.76 % | (0.97 %) | |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.11 %2 | 0.11 %2 | 0.11 % | 0.12 %3 | 0.13 % | |
Net investment income (loss) | 3.09 % | 3.33 % | 2.04 % | 3.16 % | 2.85 % | |
Portfolio turnover rate4 | 13 % | 13 % | 15 % | 15 % | 13 % | |
Net assets, end of period (x 1,000,000) | $8,463 | $8,557 | $9,505 | $7,196 | $5,804 |
1 | Calculated based on the average shares outstanding during the period. |
2 | Ratio includes less than 0.005% of non-routine proxy expenses. |
3 | Effective February 25, 2020, the annual operating expense ratio was reduced to 0.11%. The ratio presented for the period ended August 31, 2020 is a blended ratio. |
4 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 97.8% OF NET ASSETS | ||
Brazil 4.6% | ||
Ambev S.A. | 5,845,030 | 16,339,332 |
Atacadao S.A. | 743,758 | 1,541,312 |
Auren Energia S.A. | 564,605 | 1,552,081 |
B3 S.A. - Brasil Bolsa Balcao | 7,713,893 | 20,145,757 |
Banco Bradesco S.A. | 1,960,630 | 5,243,184 |
Banco BTG Pactual S.A. | 1,533,479 | 10,057,072 |
Banco do Brasil S.A. | 1,143,942 | 10,882,693 |
Banco Santander Brasil S.A. | 494,981 | 2,710,376 |
BB Seguridade Participacoes S.A. | 921,111 | 5,652,118 |
BRF S.A. * | 1,602,593 | 2,926,194 |
Caixa Seguridade Participacoes S.A. | 594,395 | 1,296,613 |
CCR S.A. | 1,486,408 | 3,740,826 |
Centrais Eletricas Brasileiras S.A. | 1,817,914 | 12,946,939 |
Cia de Saneamento Basico do Estado de Sao Paulo SABESP | 451,423 | 5,281,092 |
Cia Energetica de Minas Gerais | 410,782 | 1,633,686 |
Cia Paranaense de Energia | 1,046,043 | 1,711,378 |
Cielo S.A. | 1,562,464 | 1,173,990 |
Companhia Siderurgica Nacional S.A. | 837,817 | 2,049,296 |
Cosan S.A. | 1,637,046 | 5,793,039 |
CPFL Energia S.A. | 274,967 | 1,896,631 |
CSN Mineracao S.A. | 692,266 | 598,450 |
Dexco S.A. | 450,169 | 723,769 |
Diagnosticos da America S.A. | 143,671 | 319,788 |
Embraer S.A. * | 978,628 | 3,852,485 |
Energisa S.A. | 394,675 | 3,674,955 |
Eneva S.A. * | 1,634,297 | 3,934,764 |
Engie Brasil Energia S.A. | 247,967 | 2,109,569 |
Equatorial Energia S.A. | 1,170,902 | 7,487,605 |
GPS Participacoes e Empreendimentos S.A. | 534,885 | 1,995,440 |
GRUPO DE MODA SOMA S.A. | 591,247 | 894,463 |
Grupo Mateus S.A. * | 537,899 | 731,185 |
Hapvida Participacoes e Investimentos S.A. * | 6,562,794 | 5,646,897 |
Hypera S.A. | 534,127 | 4,206,387 |
Intelbras S.A. Industria de Telecomunicacao Eletronica Brasileira | 107,665 | 476,027 |
Itau Unibanco Holding S.A. | 552,149 | 2,599,621 |
JBS S.A. | 1,798,819 | 6,685,236 |
Klabin S.A. | 1,008,095 | 4,634,311 |
Localiza Rent a Car S.A. | 1,104,450 | 14,109,709 |
Lojas Renner S.A. | 1,299,373 | 4,207,061 |
M Dias Branco S.A. | 168,782 | 1,268,179 |
Magazine Luiza S.A. * | 4,085,783 | 2,277,696 |
Marfrig Alimentos S.A. | 422,969 | 633,050 |
Multiplan Empreendimentos Imobiliarios S.A. | 401,041 | 2,004,010 |
Natura & Co. Holding S.A. * | 1,296,999 | 3,976,700 |
Neoenergia S.A. | 297,640 | 1,096,548 |
Petroleo Brasileiro S.A. | 4,998,359 | 34,870,746 |
Petroreconcavo S.A. | 274,459 | 1,283,889 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Porto Seguro S.A. | 252,360 | 1,330,370 |
PRIO S.A. * | 900,818 | 8,446,050 |
Raia Drogasil S.A. | 1,489,213 | 8,265,802 |
Rede D'Or Sao Luiz S.A. | 1,038,419 | 6,011,187 |
Rumo S.A. | 1,649,008 | 7,444,092 |
Sao Martinho S.A. | 226,198 | 1,650,700 |
Sendas Distribuidora S.A. | 1,830,107 | 4,291,609 |
SLC Agricola S.A. | 142,753 | 1,159,682 |
Smartfit Escola de Ginastica e Danca S.A. * | 146,893 | 611,195 |
Suzano S.A. | 955,485 | 9,678,460 |
Telefonica Brasil S.A. | 586,112 | 4,895,168 |
TIM S.A. | 1,116,549 | 3,249,775 |
TOTVS S.A. | 617,105 | 3,457,618 |
Transmissora Alianca de Energia Eletrica S.A. | 300,028 | 2,072,523 |
Ultrapar Participacoes S.A. | 1,118,570 | 4,102,896 |
Usinas Siderurgicas de Minas Gerais S.A. Usiminas | 314,153 | 441,633 |
Vale S.A. | 5,249,025 | 68,998,182 |
Vamos Locacao de Caminhoes Maquinas e Equipamentos S.A. | 442,287 | 1,046,098 |
Vibra Energia S.A. | 1,481,424 | 5,523,604 |
WEG S.A. | 1,998,352 | 14,482,245 |
388,031,038 | ||
Chile 0.5% | ||
Banco de Chile | 59,137,656 | 6,420,127 |
Banco de Credito e Inversiones S.A. | 84,429 | 2,417,312 |
Banco Itau Chile S.A. | 96,963 | 1,060,577 |
Banco Santander Chile | 84,038,441 | 4,002,531 |
CAP S.A. | 100,207 | 701,853 |
Cencosud S.A. | 1,818,609 | 3,874,350 |
Cencosud Shopping S.A. | 689,613 | 1,151,166 |
Cia Cervecerias Unidas S.A. | 180,813 | 1,329,951 |
Cia Sud Americana de Vapores S.A. | 23,828,400 | 1,582,719 |
Colbun S.A. | 10,112,384 | 1,578,979 |
Empresas CMPC S.A. | 1,638,506 | 2,960,844 |
Empresas Copec S.A. | 676,353 | 4,861,941 |
Enel Americas S.A. * | 25,650,198 | 3,033,769 |
Enel Chile S.A. | 34,872,993 | 2,338,707 |
Falabella S.A. | 1,062,649 | 2,605,112 |
Plaza S.A. | 431,250 | 660,983 |
Quinenco S.A. | 319,446 | 999,637 |
41,580,558 | ||
China 32.6% | ||
360 Security Technology, Inc., A Shares * | 712,700 | 1,094,729 |
37 Interactive Entertainment Network Technology Group Co., Ltd., A Shares | 132,900 | 450,638 |
3peak, Inc., A Shares | 10,330 | 260,957 |
3SBio, Inc. | 2,679,283 | 2,241,349 |
Addsino Co., Ltd., A Shares | 170,900 | 200,285 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Advanced Micro-Fabrication Equipment, Inc. China, A Shares * | 60,112 | 1,258,152 |
AECC Aero-Engine Control Co., Ltd., A Shares | 113,300 | 348,843 |
AECC Aviation Power Co., Ltd., A Shares | 262,400 | 1,414,656 |
Agile Group Holdings Ltd. *(a) | 2,497,430 | 283,446 |
Agricultural Bank of China Ltd., A Shares | 8,574,700 | 4,076,178 |
Agricultural Bank of China Ltd., H Shares | 41,350,999 | 14,184,868 |
Aier Eye Hospital Group Co., Ltd., A Shares | 896,844 | 2,220,393 |
Air China Ltd., A Shares * | 1,032,000 | 1,226,462 |
Air China Ltd., H Shares * | 1,921,262 | 1,423,475 |
Akeso, Inc. * | 674,383 | 2,962,667 |
Alibaba Group Holding Ltd. * | 23,201,563 | 266,876,779 |
Alibaba Health Information Technology Ltd. * | 7,874,284 | 4,649,209 |
Alibaba Pictures Group Ltd. * | 17,968,853 | 1,191,546 |
A-Living Smart City Services Co., Ltd. * | 1,089,375 | 694,599 |
All Winner Technology Co., Ltd., A Shares | 54,900 | 182,912 |
Alpha Group, A Shares * | 162,500 | 200,488 |
Aluminum Corp. of China Ltd., A Shares | 2,269,400 | 1,845,826 |
Aluminum Corp. of China Ltd., H Shares | 4,666,469 | 2,255,353 |
Amlogic Shanghai Co., Ltd., A Shares * | 40,017 | 481,513 |
An Hui Wenergy Co., Ltd., A Shares | 357,600 | 298,225 |
Angang Steel Co., Ltd., H Shares | 2,976,212 | 762,864 |
Angel Yeast Co., Ltd., A Shares | 93,800 | 427,342 |
Angelalign Technology, Inc. | 58,511 | 390,235 |
Anhui Anke Biotechnology Group Co., Ltd., A Shares | 148,500 | 194,028 |
Anhui Conch Cement Co., Ltd., A Shares | 379,800 | 1,340,010 |
Anhui Conch Cement Co., Ltd., H Shares | 1,552,408 | 4,315,681 |
Anhui Expressway Co., Ltd., H Shares | 835,424 | 820,323 |
Anhui Gujing Distillery Co., Ltd., A Shares | 112,704 | 4,460,313 |
Anhui Yingjia Distillery Co., Ltd., A Shares | 30,900 | 325,323 |
Anhui Zhongding Sealing Parts Co., Ltd., A Shares | 113,200 | 187,721 |
Anjoy Foods Group Co., Ltd., A Shares | 30,300 | 543,264 |
ANTA Sports Products Ltd. | 1,704,106 | 19,199,511 |
Apeloa Pharmaceutical Co., Ltd., A Shares | 120,600 | 290,792 |
Asymchem Laboratories Tianjin Co., Ltd., A Shares | 21,280 | 388,996 |
Autohome, Inc., ADR | 82,021 | 2,370,407 |
Avary Holding Shenzhen Co., Ltd., A Shares | 76,700 | 225,405 |
AVIC Industry-Finance Holdings Co., Ltd., A Shares | 759,500 | 384,002 |
AviChina Industry & Technology Co., Ltd., H Shares | 3,162,130 | 1,419,415 |
AVICOPTER plc, A Shares | 57,300 | 300,257 |
BAIC Motor Corp., Ltd., H Shares | 3,077,255 | 851,550 |
Baidu, Inc., A Shares * | 3,003,902 | 53,399,297 |
Bank of Beijing Co., Ltd., A Shares | 2,043,900 | 1,255,236 |
Bank of Changsha Co., Ltd., A Shares | 382,300 | 427,025 |
Bank of Chengdu Co., Ltd., A Shares | 147,900 | 278,182 |
Bank of China Ltd., A Shares | 3,971,600 | 2,046,232 |
Bank of China Ltd., H Shares | 101,931,901 | 34,576,320 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Bank of Communications Co., Ltd., A Shares | 3,647,400 | 2,781,215 |
Bank of Communications Co., Ltd., H Shares | 9,859,309 | 5,645,206 |
Bank of Guiyang Co., Ltd., A Shares | 417,100 | 307,159 |
Bank of Hangzhou Co., Ltd., A Shares | 573,400 | 882,336 |
Bank of Jiangsu Co., Ltd., A Shares | 563,900 | 552,395 |
Bank of Nanjing Co., Ltd., A Shares | 1,010,900 | 1,099,997 |
Bank of Ningbo Co., Ltd., A Shares | 635,660 | 2,285,529 |
Bank of Shanghai Co., Ltd., A Shares | 1,378,170 | 1,126,621 |
Bank of Zhengzhou Co., Ltd., A Shares * | 808,187 | 237,620 |
Baoshan Iron & Steel Co., Ltd., A Shares | 1,800,932 | 1,499,436 |
BBMG Corp., A Shares | 1,857,700 | 561,509 |
BeiGene Ltd. * | 833,338 | 13,517,467 |
Beijing Capital Eco-Environment Protection Group Co., Ltd., A Shares | 717,700 | 282,998 |
Beijing Capital International Airport Co., Ltd., H Shares * | 2,529,596 | 1,325,806 |
Beijing Dabeinong Technology Group Co., Ltd., A Shares | 406,400 | 362,374 |
Beijing Easpring Material Technology Co., Ltd., A Shares | 49,000 | 298,369 |
Beijing E-Hualu Information Technology Co., Ltd., A Shares * | 73,800 | 305,806 |
Beijing Enlight Media Co., Ltd., A Shares | 270,800 | 347,499 |
Beijing Enterprises Holdings Ltd. | 630,244 | 2,362,888 |
Beijing Enterprises Water Group Ltd. | 5,606,267 | 1,294,015 |
Beijing Jetsen Technology Co., Ltd., A Shares * | 319,000 | 237,546 |
Beijing Jingneng Clean Energy Co., Ltd., H Shares | 2,336,422 | 497,571 |
Beijing Kingsoft Office Software, Inc., A Shares | 43,332 | 2,349,221 |
Beijing New Building Materials plc, A Shares | 164,100 | 674,121 |
Beijing Orient National Communication Science & Technology Co., Ltd., A Shares * | 157,600 | 216,095 |
Beijing Originwater Technology Co., Ltd., A Shares | 359,177 | 262,530 |
Beijing Shiji Information Technology Co., Ltd., A Shares * | 252,980 | 472,350 |
Beijing Shougang Co., Ltd., A Shares | 673,800 | 343,450 |
Beijing Shunxin Agriculture Co., Ltd., A Shares * | 70,600 | 239,294 |
Beijing Sinnet Technology Co., Ltd., A Shares * | 130,100 | 178,924 |
Beijing Tongrentang Co., Ltd., A Shares | 138,600 | 1,070,563 |
Beijing Ultrapower Software Co., Ltd., A Shares | 204,800 | 305,856 |
Beijing United Information Technology Co., Ltd., A Shares | 71,905 | 356,734 |
Beijing Wantai Biological Pharmacy Enterprise Co., Ltd., A Shares | 45,750 | 313,590 |
Beijing Yanjing Brewery Co., Ltd., A Shares | 313,000 | 446,375 |
Beijing Zhong Ke San Huan High-Tech Co., Ltd., A Shares | 117,530 | 175,685 |
Bethel Automotive Safety Systems Co., Ltd., A Shares | 39,100 | 404,833 |
Bilibili, Inc., Z Shares * | 324,665 | 4,856,468 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Bloomage Biotechnology Corp., Ltd., A Shares | 34,275 | 435,872 |
Blue Moon Group Holdings Ltd. | 1,266,487 | 592,726 |
Bluefocus Intelligent Communications Group Co., Ltd., A Shares * | 275,100 | 336,765 |
BOE Technology Group Co., Ltd., A Shares | 3,390,800 | 1,868,120 |
BOE Technology Group Co., Ltd., B Shares | 1,165,150 | 424,947 |
Bosideng International Holdings Ltd. | 4,684,049 | 1,839,751 |
Bright Dairy & Food Co., Ltd., A Shares | 426,700 | 612,042 |
BTG Hotels Group Co., Ltd., A Shares * | 102,500 | 244,614 |
BYD Co., Ltd., A Shares | 171,400 | 5,873,073 |
BYD Co., Ltd., H Shares | 1,319,030 | 41,345,054 |
BYD Electronic International Co., Ltd. | 1,050,509 | 4,869,577 |
By-health Co., Ltd., A Shares | 168,000 | 446,169 |
C&D International Investment Group Ltd. | 801,801 | 2,040,864 |
C&S Paper Co., Ltd., A Shares | 151,300 | 214,317 |
Caitong Securities Co., Ltd., A Shares | 489,160 | 538,321 |
Canmax Technologies Co., Ltd., A Shares | 73,320 | 271,985 |
CanSino Biologics, Inc., H Shares *(a) | 140,905 | 413,277 |
CECEP Solar Energy Co., Ltd., A Shares | 355,100 | 294,189 |
CECEP Wind-Power Corp., A Shares | 631,020 | 291,300 |
Central China Securities Co., Ltd., A Shares | 699,500 | 393,069 |
CGN Power Co., Ltd., H Shares | 16,135,300 | 4,032,925 |
Changchun High & New Technology Industry Group, Inc., A Shares | 41,300 | 780,209 |
Changjiang Securities Co., Ltd., A Shares | 529,300 | 434,872 |
Changzhou Xingyu Automotive Lighting Systems Co., Ltd., A Shares | 26,400 | 536,270 |
Chaozhou Three-Circle Group Co., Ltd., A Shares | 176,408 | 778,246 |
Chengdu Xingrong Environment Co., Ltd., A Shares | 283,400 | 204,417 |
Chengxin Lithium Group Co., Ltd., A Shares | 81,300 | 255,232 |
China Baoan Group Co., Ltd., A Shares | 261,200 | 382,550 |
China Bohai Bank Co., Ltd., Class H * | 4,162,831 | 642,334 |
China Cinda Asset Management Co., Ltd., H Shares | 11,956,674 | 1,174,054 |
China CITIC Bank Corp., Ltd., A Shares | 465,000 | 348,822 |
China CITIC Bank Corp., Ltd., H Shares | 13,205,395 | 5,877,110 |
China Coal Energy Co., Ltd., A Shares | 1,104,600 | 1,223,202 |
China Coal Energy Co., Ltd., H Shares | 2,447,920 | 1,670,083 |
China Communications Services Corp., Ltd., H Shares | 3,303,203 | 1,486,952 |
China Conch Venture Holdings Ltd. | 1,896,114 | 1,864,257 |
China Construction Bank Corp., A Shares | 1,227,500 | 1,011,884 |
China Construction Bank Corp., H Shares | 124,933,231 | 66,913,581 |
China CSSC Holdings Ltd., A Shares | 435,800 | 1,699,851 |
China East Education Holdings Ltd. | 529,474 | 227,542 |
China Eastern Airlines Corp., Ltd., A Shares * | 1,576,000 | 939,732 |
China Eastern Airlines Corp., Ltd., H Shares * | 1,863,342 | 658,202 |
China Energy Engineering Corp., Ltd. | 3,087,008 | 971,251 |
China Energy Engineering Corp., Ltd., H Shares | 6,104,501 | 708,400 |
China Everbright Bank Co., Ltd., A Shares | 4,138,600 | 1,711,505 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
China Everbright Bank Co., Ltd., H Shares | 4,383,799 | 1,263,415 |
China Everbright Environment Group Ltd. | 5,016,110 | 1,829,448 |
China Everbright Ltd. | 1,193,445 | 697,036 |
China Feihe Ltd. | 5,555,820 | 3,344,084 |
China Galaxy Securities Co., Ltd., H Shares | 5,618,066 | 3,023,335 |
China Gas Holdings Ltd. | 4,013,488 | 4,094,482 |
China Great Wall Securities Co., Ltd., A Shares | 279,900 | 337,641 |
China Greatwall Technology Group Co., Ltd., A Shares | 301,900 | 451,699 |
China Hongqiao Group Ltd. | 2,913,206 | 2,905,126 |
China Huarong Asset Management Co., Ltd., H Shares * | 21,757,930 | 998,866 |
China International Capital Corp., Ltd., A Shares | 88,600 | 474,741 |
China International Capital Corp., Ltd., H Shares | 2,012,295 | 3,869,724 |
China International Marine Containers Group Co., Ltd., H Shares | 1,239,405 | 689,107 |
China Jinmao Holdings Group Ltd. | 8,969,550 | 1,269,640 |
China Jushi Co., Ltd., A Shares | 387,677 | 743,556 |
China Lesso Group Holdings Ltd. | 1,257,506 | 692,757 |
China Life Insurance Co., Ltd., H Shares | 9,985,808 | 15,153,648 |
China Literature Ltd. * | 553,297 | 2,222,572 |
China Longyuan Power Group Corp., Ltd., H Shares | 4,397,401 | 3,482,368 |
China Medical System Holdings Ltd. | 1,687,849 | 2,436,503 |
China Meheco Co., Ltd., A Shares | 150,240 | 258,227 |
China Meidong Auto Holdings Ltd. | 707,601 | 533,289 |
China Mengniu Dairy Co., Ltd. | 4,144,531 | 13,952,959 |
China Merchants Bank Co., Ltd., A Shares | 2,014,600 | 8,732,655 |
China Merchants Bank Co., Ltd., H Shares | 5,007,224 | 19,794,554 |
China Merchants Energy Shipping Co., Ltd., A Shares | 803,600 | 650,299 |
China Merchants Expressway Network & Technology Holdings Co. Ltd, A Shares | 195,100 | 260,276 |
China Merchants Port Holdings Co., Ltd. | 2,135,313 | 2,554,179 |
China Merchants Securities Co., Ltd., A Shares | 678,580 | 1,324,809 |
China Merchants Securities Co., Ltd., H Shares | 702,056 | 647,287 |
China Merchants Shekou Industrial Zone Holdings Co., Ltd., A Shares | 661,200 | 1,240,914 |
China Minmetals Rare Earth Co., Ltd., A Shares | 93,300 | 366,483 |
China Minsheng Banking Corp., Ltd., A Shares | 3,547,600 | 1,842,403 |
China Minsheng Banking Corp., Ltd., H Shares | 8,101,235 | 2,603,387 |
China National Accord Medicines Corp., Ltd., B Shares | 228,748 | 401,095 |
China National Building Material Co., Ltd., H Shares | 5,950,194 | 3,027,548 |
China National Chemical Engineering Co., Ltd., A Shares | 585,200 | 625,521 |
China National Nuclear Power Co., Ltd., A Shares | 1,598,400 | 1,581,161 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
China National Software & Service Co., Ltd., A Shares | 80,470 | 477,613 |
China Northern Rare Earth Group High-Tech Co., Ltd., A Shares | 343,200 | 1,041,129 |
China Oilfield Services Ltd., A Shares | 263,029 | 535,562 |
China Oilfield Services Ltd., H Shares | 2,279,693 | 2,584,432 |
China Overseas Land & Investment Ltd. | 5,102,041 | 10,761,343 |
China Pacific Insurance Group Co., Ltd., A Shares | 562,700 | 2,141,484 |
China Pacific Insurance Group Co., Ltd., H Shares | 3,588,245 | 8,218,176 |
China Petroleum & Chemical Corp., A Shares | 3,900,100 | 3,252,539 |
China Petroleum & Chemical Corp., H Shares | 32,751,363 | 19,170,307 |
China Power International Development Ltd. | 6,902,304 | 2,464,558 |
China Railway Group Ltd., A Shares | 1,894,200 | 1,743,648 |
China Railway Group Ltd., H Shares | 5,385,573 | 2,850,145 |
China Railway Signal & Communication Corp., Ltd., A Shares | 763,578 | 588,538 |
China Railway Signal & Communication Corp., Ltd., H Shares | 1,909,139 | 632,992 |
China Reinsurance Group Corp., H Shares | 9,513,837 | 618,747 |
China Resources Beer Holdings Co., Ltd. | 2,113,553 | 12,425,134 |
China Resources Boya Bio-pharmaceutical Group Co., Ltd., A Shares | 58,000 | 241,929 |
China Resources Cement Holdings Ltd. | 2,937,721 | 974,027 |
China Resources Double Crane Pharmaceutical Co., Ltd., A Shares | 108,140 | 239,651 |
China Resources Gas Group Ltd. | 1,205,381 | 3,389,378 |
China Resources Land Ltd. | 3,678,120 | 15,548,784 |
China Resources Microelectronics Ltd., A Shares | 93,908 | 755,160 |
China Resources Mixc Lifestyle Services Ltd. | 791,315 | 3,415,821 |
China Resources Pharmaceutical Group Ltd. | 2,233,318 | 1,492,344 |
China Resources Power Holdings Co., Ltd. | 2,558,402 | 5,011,261 |
China Resources Sanjiu Medical & Pharmaceutical Co., Ltd., A Shares | 100,500 | 656,975 |
China Ruyi Holdings Ltd. *(a) | 5,925,623 | 1,571,753 |
China Shenhua Energy Co., Ltd., A Shares | 898,570 | 3,477,738 |
China Shenhua Energy Co., Ltd., H Shares | 4,437,168 | 12,929,421 |
China South Publishing & Media Group Co., Ltd., A Shares | 175,200 | 292,461 |
China Southern Airlines Co., Ltd., A Shares * | 1,666,500 | 1,447,040 |
China Southern Airlines Co., Ltd., H Shares * | 1,605,704 | 853,864 |
China Southern Power Grid Energy Efficiency&Clean Energy Co., Ltd., A Shares | 262,500 | 217,833 |
China State Construction Engineering Corp., Ltd., A Shares | 3,859,500 | 2,985,366 |
China State Construction International Holdings Ltd. | 2,376,965 | 2,646,208 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
China Suntien Green Energy Corp., Ltd., H Shares | 2,535,244 | 892,310 |
China Taiping Insurance Holdings Co., Ltd. | 2,000,366 | 2,107,058 |
China Three Gorges Renewables Group Co., Ltd., A Shares | 2,379,500 | 1,608,455 |
China Tourism Group Duty Free Corp., Ltd., A Shares | 192,200 | 2,876,200 |
China Tourism Group Duty Free Corp., Ltd., Class H | 143,898 | 1,932,280 |
China Tower Corp., Ltd., H Shares | 62,407,027 | 6,048,311 |
China Traditional Chinese Medicine Holdings Co., Ltd. | 3,267,720 | 1,275,127 |
China TransInfo Technology Co., Ltd., A Shares * | 156,500 | 273,716 |
China United Network Communications Ltd., A Shares | 2,647,100 | 1,894,812 |
China Vanke Co., Ltd., A Shares | 866,700 | 1,624,207 |
China Vanke Co., Ltd., H Shares | 3,012,725 | 3,515,342 |
China World Trade Center Co., Ltd., A Shares | 180,500 | 476,390 |
China Yangtze Power Co., Ltd., A Shares | 2,331,100 | 7,065,201 |
China Zhenhua Group Science & Technology Co., Ltd., A Shares | 51,400 | 647,435 |
China Zheshang Bank Co., Ltd., A Shares | 1,082,090 | 382,080 |
Chinese Universe Publishing and Media Group Co., Ltd., A Shares | 121,000 | 210,630 |
Chongqing Brewery Co., Ltd., A Shares | 45,800 | 575,009 |
Chongqing Changan Automobile Co., Ltd., A Shares | 821,864 | 1,415,975 |
Chongqing Changan Automobile Co., Ltd., B Shares | 2,036,198 | 890,638 |
Chongqing Fuling Zhacai Group Co., Ltd., A Shares | 110,760 | 242,109 |
Chongqing Rural Commercial Bank Co., Ltd., H Shares | 3,919,506 | 1,384,516 |
Chongqing Zhifei Biological Products Co., Ltd., A Shares | 236,700 | 1,437,403 |
CIFI Holdings Group Co., Ltd. *(b) | 7,913,504 | 575,216 |
CITIC Ltd. | 6,524,777 | 6,481,718 |
Citic Pacific Special Steel Group Co., Ltd., A Shares | 502,810 | 980,267 |
CITIC Securities Co., Ltd., A Shares | 1,176,780 | 3,589,272 |
CITIC Securities Co., Ltd., H Shares | 3,026,419 | 5,912,550 |
CMOC Group Ltd., A Shares | 877,900 | 691,127 |
CMOC Group Ltd., H Shares | 5,326,428 | 3,185,634 |
CNGR Advanced Material Co., Ltd., A Shares | 75,200 | 567,009 |
CNOOC Energy Technology & Services Ltd., A Shares | 736,700 | 312,757 |
CNPC Capital Co., Ltd., A Shares | 392,100 | 362,552 |
Contemporary Amperex Technology Co., Ltd., A Shares | 416,000 | 13,519,929 |
COSCO Shipping Development Co., Ltd., A Shares | 1,205,800 | 394,285 |
COSCO Shipping Development Co., Ltd., H Shares | 4,060,066 | 450,442 |
COSCO Shipping Energy Transportation Co., Ltd., H Shares | 1,488,154 | 1,559,936 |
COSCO SHIPPING Energy Transportation Co., Ltd., A Shares | 905,500 | 1,648,399 |
COSCO Shipping Holdings Co., Ltd., A Shares | 1,229,621 | 1,655,600 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COSCO SHIPPING Holdings Co., Ltd., H Shares | 4,020,886 | 4,127,667 |
COSCO Shipping Ports Ltd. | 2,044,026 | 1,258,985 |
Country Garden Holdings Co., Ltd. *(a) | 17,668,018 | 2,005,233 |
Country Garden Services Holdings Co., Ltd. (a) | 2,817,461 | 3,240,794 |
CRRC Corp., Ltd., A Shares | 2,549,000 | 2,080,245 |
CRRC Corp., Ltd., H Shares | 4,872,478 | 2,398,414 |
CSC Financial Co., Ltd., A Shares | 500,000 | 1,770,969 |
CSC Financial Co., Ltd., H Shares | 1,200,280 | 1,278,074 |
CSG Holding Co., Ltd., A Shares | 458,446 | 370,989 |
CSG Holding Co., Ltd., B Shares | 817,185 | 259,482 |
CSPC Pharmaceutical Group Ltd. | 11,160,970 | 8,397,325 |
Daan Gene Co., Ltd., A Shares | 140,160 | 180,821 |
Dada Nexus Ltd., ADR * | 102,575 | 553,905 |
Daqin Railway Co., Ltd., A Shares | 1,416,800 | 1,387,894 |
Daqo New Energy Corp., ADR * | 74,626 | 2,758,923 |
Datang International Power Generation Co., Ltd., H Shares | 5,449,420 | 861,706 |
DHC Software Co., Ltd., A Shares | 358,400 | 330,899 |
Dian Diagnostics Group Co., Ltd., A Shares | 69,500 | 217,901 |
Do-Fluoride New Materials Co., Ltd., A Shares | 98,280 | 221,446 |
Dong-E-E-Jiao Co., Ltd., A Shares | 58,500 | 416,577 |
Dongfang Electric Corp., Ltd., A Shares | 268,900 | 619,927 |
Dongfang Electric Corp., Ltd., H Shares | 454,376 | 524,386 |
Dongfeng Motor Group Co., Ltd., H Shares | 3,890,952 | 1,429,010 |
Dongguan Yiheda Automation Co., Ltd., Class A | 59,500 | 293,964 |
Dongxing Securities Co., Ltd., A Shares | 284,900 | 324,493 |
East Buy Holding Ltd. *(a) | 555,780 | 2,817,261 |
East Group Co., Ltd., A Shares | 335,800 | 282,813 |
East Money Information Co., Ltd., A Shares | 1,452,502 | 3,167,027 |
Eastern Air Logistics Co., Ltd., A Shares | 146,200 | 247,667 |
Eastroc Beverage Group Co., Ltd., A Shares | 16,000 | 431,517 |
Ecovacs Robotics Co., Ltd., A Shares | 51,200 | 373,035 |
ENN Ecological Holdings Co., Ltd., A Shares | 247,475 | 593,654 |
ENN Energy Holdings Ltd. | 1,020,791 | 8,005,693 |
Eve Energy Co., Ltd., A Shares | 199,736 | 1,355,631 |
Everbright Securities Co., Ltd., A Shares | 472,500 | 1,113,980 |
Fangda Carbon New Material Co., Ltd., A Shares * | 354,180 | 283,694 |
Far East Horizon Ltd. | 1,695,362 | 1,158,815 |
FAW Jiefang Group Co., Ltd., A Shares * | 236,400 | 278,672 |
Fiberhome Telecommunication Technologies Co., Ltd., A Shares | 98,800 | 241,350 |
Financial Street Holdings Co., Ltd., A Shares | 969,800 | 612,912 |
First Capital Securities Co., Ltd., A Shares | 432,800 | 357,966 |
Flat Glass Group Co., Ltd., A Shares | 71,500 | 303,348 |
Flat Glass Group Co., Ltd., H Shares | 583,241 | 1,448,852 |
Focus Media Information Technology Co., Ltd., A Shares | 1,389,500 | 1,469,966 |
Foshan Haitian Flavouring & Food Co., Ltd., A Shares | 469,104 | 2,520,020 |
Fosun International Ltd. | 3,002,299 | 1,879,847 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Foxconn Industrial Internet Co., Ltd., A Shares | 1,150,500 | 3,463,276 |
Fujian Funeng Co., Ltd., A Shares | 319,020 | 361,163 |
Fujian Sunner Development Co., Ltd., A Shares | 120,900 | 323,574 |
Full Truck Alliance Co., Ltd., ADR * | 897,208 | 6,011,294 |
Fuyao Glass Industry Group Co., Ltd., A Shares | 160,200 | 836,381 |
Fuyao Glass Industry Group Co., Ltd., H Shares | 875,193 | 3,962,043 |
Ganfeng Lithium Co., Ltd., A Shares | 167,220 | 1,089,222 |
Ganfeng Lithium Co., Ltd., H Shares | 532,133 | 2,544,711 |
G-bits Network Technology Xiamen Co., Ltd., A Shares | 6,200 | 355,807 |
GCL System Integration Technology Co., Ltd., A Shares * | 567,000 | 224,354 |
GCL-Poly Energy Holdings Ltd | 28,266,927 | 4,902,352 |
GD Power Development Co., Ltd., A Shares | 1,673,900 | 807,225 |
GDS Holdings Ltd., A shares * | 1,261,284 | 1,820,733 |
Geely Automobile Holdings Ltd. | 7,324,335 | 9,097,335 |
GEM Co., Ltd., A Shares | 504,800 | 434,162 |
Gemdale Corp., A Shares | 440,900 | 436,145 |
Genscript Biotech Corp. * | 1,326,805 | 3,109,851 |
GF Securities Co., Ltd., A Shares | 628,000 | 1,299,400 |
GF Securities Co., Ltd., H Shares | 1,330,122 | 1,899,750 |
Gigadevice Semiconductor Beijing, Inc., A Shares | 64,484 | 832,617 |
Ginlong Technologies Co., Ltd., A Shares | 37,350 | 385,072 |
Glarun Technology Co., Ltd., A Shares | 112,900 | 238,256 |
GoerTek, Inc., A Shares | 321,300 | 676,282 |
Goke Microelectronics Co., Ltd., A Shares | 17,300 | 166,998 |
Goldwind Science & Technology Co., Ltd., A Shares | 382,100 | 498,722 |
Goldwind Science & Technology Co., Ltd., H Shares | 783,958 | 411,886 |
GoodWe Technologies Co., Ltd., A Shares | 13,484 | 256,434 |
Gotion High-tech Co., Ltd., A Shares * | 154,200 | 513,117 |
Grandjoy Holdings Group Co., Ltd., A Shares * | 368,472 | 197,943 |
Great Wall Motor Co., Ltd., A Shares | 244,600 | 877,448 |
Great Wall Motor Co., Ltd., H Shares | 3,160,368 | 3,748,069 |
Gree Electric Appliances, Inc. of Zhuhai, Class A | 218,000 | 1,071,954 |
Greentown China Holdings Ltd. | 1,171,865 | 1,392,774 |
GRG Banking Equipment Co., Ltd., A Shares | 247,500 | 426,753 |
Guangdong Baolihua New Energy Stock Co., Ltd., A Shares | 351,400 | 277,605 |
Guangdong Electric Power Development Co., Ltd., B Shares * | 1,439,414 | 436,867 |
Guangdong Haid Group Co., Ltd., A Shares | 162,600 | 1,077,670 |
Guangdong HEC Technology Holding Co., Ltd., A Shares | 282,500 | 263,928 |
Guangdong Investment Ltd. | 4,259,446 | 3,329,665 |
Guangdong Kinlong Hardware Products Co., Ltd., A Shares | 21,800 | 170,722 |
Guangdong Xinbao Electrical Appliances Holdings Co., Ltd., A Shares | 74,500 | 180,454 |
Guanghui Energy Co., Ltd., A Shares | 631,700 | 571,077 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Guangshen Railway Co., Ltd., H Shares * | 2,749,374 | 631,093 |
Guangxi Guiguan Electric Power Co., Ltd., A Shares | 352,400 | 267,744 |
Guangxi Liugong Machinery Co., Ltd., A Shares | 427,900 | 423,873 |
Guangzhou Automobile Group Co., Ltd., A Shares | 346,060 | 479,259 |
Guangzhou Automobile Group Co., Ltd., H Shares | 4,138,348 | 2,179,536 |
Guangzhou Baiyunshan Pharmaceutical Holdings Co., Ltd., A Shares | 168,000 | 713,686 |
Guangzhou Baiyunshan Pharmaceutical Holdings Co., Ltd., H Shares | 255,882 | 719,508 |
Guangzhou Great Power Energy & Technology Co., Ltd., Class A * | 33,200 | 163,343 |
Guangzhou Haige Communications Group, Inc. Co., A Shares | 271,400 | 394,879 |
Guangzhou Kingmed Diagnostics Group Co., Ltd., A Shares | 45,900 | 376,231 |
Guangzhou Shiyuan Electronic Technology Co., Ltd., A Shares | 24,300 | 177,914 |
Guangzhou Tinci Materials Technology Co., Ltd., A Shares | 187,780 | 846,990 |
Guangzhou Yuexiu Financial Holdings Group Co., Ltd., A Shares | 280,118 | 264,781 |
Guangzhou Zhujiang Brewery Co., Ltd., A Shares | 214,300 | 257,036 |
Guizhou Panjiang Refined Coal Co., Ltd., A Shares | 257,100 | 223,596 |
Guolian Securities Co., Ltd., A Shares * | 221,900 | 331,089 |
Guosen Securities Co., Ltd., A Shares | 491,000 | 626,019 |
Guosheng Financial Holding, Inc., A Shares * | 194,100 | 280,543 |
Guotai Junan Securities Co., Ltd., A Shares | 632,100 | 1,264,461 |
Guotai Junan Securities Co., Ltd., H Shares | 1,235,434 | 1,449,420 |
Guoyuan Securities Co., Ltd., A Shares | 416,400 | 397,607 |
H World Group Ltd., ADR * | 283,519 | 11,420,145 |
Haidilao International Holding Ltd. | 2,050,595 | 5,582,963 |
Haier Smart Home Co., Ltd., A Shares | 542,200 | 1,751,339 |
Haier Smart Home Co., Ltd., H Shares | 3,179,872 | 9,833,506 |
Haisco Pharmaceutical Group Co., Ltd., A Shares * | 50,600 | 148,286 |
Haitian International Holdings Ltd. | 771,145 | 1,656,018 |
Haitong Securities Co., Ltd., A Shares | 926,600 | 1,251,422 |
Haitong Securities Co., Ltd., H Shares | 4,613,220 | 2,864,970 |
Hang Zhou Great Star Industrial Co., Ltd., A Shares | 106,000 | 283,987 |
Hangzhou Binjiang Real Estate Group Co., Ltd., A Shares | 279,900 | 403,401 |
Hangzhou Chang Chuan Technology Co., Ltd., A Shares | 59,500 | 305,491 |
Hangzhou First Applied Material Co., Ltd., A Shares | 95,922 | 409,729 |
Hangzhou Lion Electronics Co., Ltd., A Shares | 61,656 | 279,373 |
Hangzhou Oxygen Plant Group Co., Ltd., A Shares | 68,200 | 286,818 |
Hangzhou Robam Appliances Co., Ltd., A Shares | 97,000 | 366,357 |
Hangzhou Silan Microelectronics Co., Ltd., A Shares | 132,600 | 461,827 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Hangzhou Tigermed Consulting Co., Ltd., A Shares | 64,700 | 591,843 |
Hangzhou Tigermed Consulting Co., Ltd., H Shares (a) | 184,317 | 1,004,821 |
Han's Laser Technology Industry Group Co., Ltd., A Shares | 68,000 | 208,807 |
Hansoh Pharmaceutical Group Co., Ltd. | 1,294,420 | 1,683,691 |
Haohua Chemical Science & Technology Co., Ltd., A Shares | 79,400 | 366,428 |
Harbin Boshi Automation Co., Ltd., A Shares | 97,500 | 223,037 |
Hefei Meiya Optoelectronic Technology, Inc., A Shares | 84,110 | 270,756 |
Heilongjiang Agriculture Co., Ltd., A Shares | 183,100 | 337,597 |
Henan Shenhuo Coal & Power Co., Ltd., Class A | 245,300 | 535,188 |
Henan Shuanghui Investment & Development Co., Ltd., A Shares | 317,300 | 1,170,939 |
Hengan International Group Co., Ltd. | 919,469 | 3,412,063 |
Hengdian Group DMEGC Magnetics Co., Ltd., A Shares | 151,500 | 341,570 |
Hengli Petrochemical Co., Ltd., A Shares * | 266,400 | 525,590 |
Hengtong Optic-electric Co. Ltd, A Shares | 235,300 | 457,119 |
Hengyi Petrochemical Co., Ltd.., A Shares * | 302,900 | 319,193 |
Hesteel Co., Ltd., A Shares | 974,200 | 302,493 |
Hithink RoyalFlush Information Network Co., Ltd., A Shares | 52,600 | 1,209,399 |
Hongfa Technology Co., Ltd., A Shares | 56,340 | 271,850 |
Hopson Development Holdings Ltd. * | 1,296,465 | 795,230 |
Hoshine Silicon Industry Co., Ltd., A Shares | 57,100 | 484,509 |
Hoyuan Green Energy Co., Ltd., A Shares | 48,517 | 277,830 |
Hua Hong Semiconductor Ltd. * | 569,448 | 1,488,658 |
Huadian Power International Corp., Ltd., A Shares | 1,574,552 | 1,103,279 |
Huadian Power International Corp., Ltd., H Shares | 1,538,718 | 620,059 |
Huadong Medicine Co., Ltd., A Shares | 176,500 | 921,239 |
Huafon Chemical Co., Ltd., A Shares | 390,900 | 375,943 |
Huagong Tech Co., Ltd., A Shares | 84,800 | 366,416 |
Huaibei Mining Holdings Co., Ltd., A Shares | 208,500 | 336,018 |
Hualan Biological Engineering, Inc., A Shares | 171,980 | 501,633 |
Huaneng Lancang River Hydropower, Inc., A Shares | 526,700 | 524,638 |
Huaneng Power International, Inc., A Shares * | 635,500 | 711,592 |
Huaneng Power International, Inc., H Shares * | 5,759,248 | 2,878,981 |
Huatai Securities Co., Ltd., A Shares | 592,900 | 1,293,570 |
Huatai Securities Co., Ltd., H Shares | 1,976,239 | 2,600,795 |
Huaxi Securities Co., Ltd., A Shares | 165,400 | 193,612 |
Huaxia Bank Co., Ltd., A Shares | 1,562,200 | 1,189,062 |
Huaxin Cement Co., Ltd., A Shares | 128,926 | 233,284 |
Huaxin Cement Co., Ltd., H Shares | 500,974 | 470,836 |
Huayu Automotive Systems Co., Ltd., A Shares | 295,100 | 761,823 |
Hubei Energy Group Co., Ltd., A Shares | 598,700 | 356,991 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Hubei Xingfa Chemicals Group Co., Ltd., A Shares | 108,000 | 301,216 |
Huizhou Desay Sv Automotive Co., Ltd., A Shares | 46,700 | 933,615 |
Humanwell Healthcare Group Co., Ltd., A Shares | 151,600 | 486,553 |
Hunan Changyuan Lico Co., Ltd., Class A | 236,184 | 305,350 |
Hunan Gold Corp., Ltd., A Shares | 110,600 | 176,571 |
Hunan Valin Steel Co., Ltd., A Shares | 581,200 | 472,722 |
Hundsun Technologies, Inc., A Shares | 185,694 | 918,456 |
Hygeia Healthcare Holdings Co., Ltd., Class C | 460,360 | 2,327,704 |
Iflytek Co., Ltd., A Shares | 227,700 | 1,715,297 |
Imeik Technology Development Co., Ltd., A Shares | 15,900 | 957,910 |
Industrial & Commercial Bank of China Ltd., A Shares | 7,167,200 | 4,549,353 |
Industrial & Commercial Bank of China Ltd., H Shares | 105,918,371 | 48,625,133 |
Industrial Bank Co., Ltd., A Shares | 1,993,900 | 4,331,052 |
Industrial Securities Co., Ltd., A Shares | 845,260 | 744,400 |
Ingenic Semiconductor Co., Ltd., A Shares | 35,000 | 355,073 |
Inner Mongolia BaoTou Steel Union Co., Ltd., A Shares * | 3,639,200 | 894,988 |
Inner Mongolia Dian Tou Energy Corp., Ltd., A Shares | 461,200 | 839,582 |
Inner Mongolia ERDOS Resources Co., Ltd., B Shares | 886,920 | 812,419 |
Inner Mongolia Junzheng Energy & Chemical Industry Group Co., Ltd., A Shares | 807,100 | 463,513 |
Inner Mongolia Yili Industrial Group Co., Ltd., A Shares | 616,700 | 2,202,954 |
Inner Mongolia Yuan Xing Energy Co., Ltd., A Shares | 326,900 | 317,086 |
Innovent Biologics, Inc. * | 1,868,833 | 8,364,974 |
Inspur Electronic Information Industry Co., Ltd., A Shares | 109,528 | 588,834 |
Intco Medical Technology Co., Ltd., A Shares | 60,450 | 178,148 |
iQIYI, Inc., ADR * | 595,371 | 3,000,670 |
iRay Technology Co., Ltd., A Shares | 7,000 | 236,655 |
JA Solar Technology Co., Ltd., A Shares | 316,736 | 1,211,069 |
Jafron Biomedical Co., Ltd., A Shares | 68,050 | 199,985 |
Jason Furniture Hangzhou Co., Ltd., A Shares | 75,010 | 429,129 |
JCET Group Co., Ltd., A Shares | 182,000 | 815,168 |
JD Health International, Inc. * | 1,392,397 | 7,510,874 |
JD Logistics, Inc. * | 2,287,340 | 3,051,051 |
JD.com, Inc., A Shares | 3,175,565 | 52,158,354 |
Jiangsu Eastern Shenghong Co., Ltd., A Shares | 396,000 | 626,222 |
Jiangsu Expressway Co., Ltd., A Shares | 426,100 | 566,104 |
Jiangsu Expressway Co., Ltd., H Shares | 1,354,312 | 1,222,754 |
Jiangsu Hengli Hydraulic Co., Ltd., A Shares | 110,784 | 945,968 |
Jiangsu Hengrui Medicine Co., Ltd., A Shares | 600,544 | 3,447,239 |
Jiangsu King's Luck Brewery JSC Ltd., A Shares | 118,000 | 971,107 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Jiangsu Linyang Energy Co., Ltd., A Shares | 188,800 | 192,730 |
Jiangsu Pacific Quartz Co., Ltd., Class A | 28,400 | 373,256 |
Jiangsu Phoenix Publishing & Media Corp., Ltd., Class A | 266,100 | 399,598 |
Jiangsu Yanghe Brewery Joint-Stock Co., Ltd., A Shares | 147,300 | 2,715,898 |
Jiangsu Yangnong Chemical Co., Ltd., A Shares | 44,200 | 388,166 |
Jiangsu Yoke Technology Co., Ltd., A Shares | 41,800 | 390,118 |
Jiangsu Yuyue Medical Equipment & Supply Co., Ltd., A Shares | 93,500 | 435,610 |
Jiangsu Zhongtian Technology Co., Ltd., A Shares | 311,600 | 623,757 |
Jiangxi Copper Co., Ltd., A Shares | 361,800 | 939,482 |
Jiangxi Copper Co., Ltd., H Shares | 1,432,640 | 2,236,174 |
Jiangxi Special Electric Motor Co., Ltd., A Shares * | 161,500 | 201,473 |
Jilin Aodong Pharmaceutical Group Co., Ltd., A Shares | 105,100 | 246,920 |
Jinke Smart Services Group Co., Ltd., H Shares * | 329,672 | 433,018 |
Jinxin Fertility Group Ltd. * | 2,264,521 | 1,132,008 |
JiuGui Liquor Co., Ltd., A Shares | 31,000 | 381,617 |
Jiumaojiu International Holdings Ltd. | 1,239,550 | 1,988,528 |
Jizhong Energy Resources Co., Ltd., A Shares | 326,700 | 273,802 |
Joincare Pharmaceutical Group Industry Co., Ltd., A Shares | 175,700 | 275,191 |
Joinn Laboratories China Co., Ltd., A Shares | 55,272 | 182,253 |
Joinn Laboratories China Co., Ltd., H Shares (a) | 152,670 | 305,661 |
Jointown Pharmaceutical Group Co., Ltd., A Shares | 315,582 | 447,889 |
Jonjee Hi-Tech Industrial & Commercial Holding Co., Ltd., A Shares * | 78,800 | 365,933 |
JOYY, Inc., ADR | 46,969 | 1,611,976 |
Juneyao Airlines Co., Ltd., A Shares * | 250,400 | 545,971 |
Kanzhun Ltd., ADR * | 445,098 | 6,587,450 |
KE Holdings, Inc., ADR * | 857,658 | 14,751,718 |
Keda Industrial Group Co., Ltd. | 180,000 | 248,788 |
Kingboard Holdings Ltd. | 989,327 | 2,245,675 |
Kingboard Laminates Holdings Ltd. | 1,431,975 | 1,190,611 |
Kingdee International Software Group Co., Ltd. * | 3,477,979 | 5,375,472 |
Kingsoft Cloud Holdings Ltd., ADR *(a) | 136,837 | 778,603 |
Kingsoft Corp., Ltd. | 1,171,044 | 4,674,171 |
Kuaishou Technology * | 3,531,751 | 28,914,262 |
Kuang-Chi Technologies Co., Ltd., A Shares | 192,000 | 393,048 |
Kunlun Energy Co., Ltd. | 4,940,233 | 3,616,149 |
Kunlun Tech Co., Ltd., A Shares * | 117,300 | 583,075 |
Kweichow Moutai Co., Ltd., A Shares | 120,300 | 30,527,458 |
Lao Feng Xiang Co., Ltd., A Shares | 133,558 | 1,164,653 |
Laobaixing Pharmacy Chain JSC, A Shares | 48,230 | 170,033 |
LB Group Co., Ltd., A Shares | 238,500 | 594,079 |
Lee & Man Paper Manufacturing Ltd. | 2,035,479 | 599,606 |
Legend Holdings Corp., H Shares | 709,745 | 634,465 |
Lens Technology Co., Ltd., A Shares | 468,800 | 792,229 |
Leo Group Co., Ltd, A shares * | 665,800 | 229,602 |
Lepu Medical Technology Beijing Co., Ltd., A Shares | 180,000 | 400,385 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Levima Advanced Materials Corp., A Shares | 70,900 | 196,769 |
Leyard Optoelectronic Co., Ltd., A Shares | 487,300 | 421,119 |
Li Auto, Inc., Class A * | 1,420,324 | 29,269,533 |
Li Ning Co., Ltd. | 3,046,844 | 14,395,456 |
Liaoning Port Co., Ltd., A Shares | 1,539,900 | 334,278 |
Lingyi iTech Guangdong Co., A Shares | 667,200 | 551,837 |
Livzon Pharmaceutical Group, Inc., A Shares | 93,300 | 440,959 |
Livzon Pharmaceutical Group, Inc., H Shares | 179,485 | 568,776 |
Longfor Group Holdings Ltd. | 2,598,790 | 5,474,800 |
LONGi Green Energy Technology Co., Ltd., A Shares | 721,048 | 2,630,188 |
Longshine Technology Group Co., Ltd., A Shares | 105,200 | 313,208 |
Lufax Holding Ltd., ADR | 925,412 | 1,119,749 |
Luxi Chemical Group Co., Ltd., A Shares | 165,500 | 231,248 |
Luxshare Precision Industry Co., Ltd., A Shares | 688,317 | 3,120,761 |
Luye Pharma Group Ltd. * | 2,389,089 | 877,429 |
Luzhou Laojiao Co., Ltd., A Shares | 138,400 | 4,417,163 |
Maanshan Iron & Steel Co., Ltd., A Shares | 1,103,600 | 394,224 |
Mango Excellent Media Co., Ltd., A Shares | 164,370 | 667,100 |
Maxscend Microelectronics Co., Ltd., A Shares | 45,248 | 771,488 |
Meihua Holdings Group Co., Ltd., Class A | 293,400 | 368,035 |
Meinian Onehealth Healthcare Holdings Co., Ltd., A Shares * | 360,100 | 336,426 |
Meituan, B Shares * | 7,204,352 | 118,055,183 |
Metallurgical Corp. of China Ltd., A Shares | 1,366,400 | 683,341 |
Metallurgical Corp. of China Ltd., H Shares | 3,896,059 | 849,589 |
Microport Scientific Corp. * | 1,188,470 | 2,033,891 |
Ming Yang Smart Energy Group Ltd., A Shares | 228,700 | 469,120 |
Ming Yuan Cloud Group Holdings Ltd. * | 728,682 | 367,047 |
MINISO Group Holding Ltd., ADR * | 120,709 | 3,126,363 |
Minth Group Ltd. | 912,316 | 2,704,925 |
Montage Technology Co., Ltd., A Shares | 108,000 | 760,311 |
Muyuan Foods Co., Ltd., A Shares | 513,386 | 2,862,294 |
Nanjing Iron & Steel Co., Ltd., A Shares | 558,700 | 280,943 |
NARI Technology Co., Ltd., A Shares | 762,196 | 2,494,403 |
NAURA Technology Group Co., Ltd., A Shares | 51,400 | 1,915,610 |
NavInfo Co., Ltd., A Shares * | 279,800 | 395,952 |
NetEase, Inc. | 2,456,057 | 51,302,597 |
New China Life Insurance Co., Ltd., A Shares | 174,000 | 968,194 |
New China Life Insurance Co., Ltd., H Shares | 1,058,414 | 2,650,843 |
New Hope Liuhe Co., Ltd., A Shares * | 431,200 | 691,366 |
New Oriental Education & Technology Group, Inc. * | 1,798,094 | 9,710,751 |
Newland Digital Technology Co., Ltd., A Shares * | 108,600 | 297,518 |
Nine Dragons Paper Holdings Ltd. * | 2,167,824 | 1,202,542 |
Ninestar Corp., A Shares | 136,400 | 524,349 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Ningbo Deye Technology Co., Ltd., A Shares | 37,044 | 469,304 |
Ningbo Joyson Electronic Corp., A Shares | 130,600 | 329,079 |
Ningbo Orient Wires & Cables Co., Ltd., A Shares | 65,200 | 331,442 |
Ningbo Ronbay New Energy Technology Co., Ltd., A Shares | 42,068 | 294,421 |
Ningbo Sanxing Medical Electric Co., Ltd., A Shares | 109,200 | 254,002 |
Ningbo Shanshan Co., Ltd., A Shares | 232,900 | 435,498 |
Ningbo Tuopu Group Co., Ltd., A Shares | 91,900 | 983,709 |
Ningbo Zhoushan Port Co., Ltd., A Shares | 766,400 | 355,902 |
Ningxia Baofeng Energy Group Co., Ltd., A Shares | 265,500 | 500,104 |
NIO, Inc., ADR * | 1,612,198 | 16,557,273 |
Nongfu Spring Co., Ltd., H Shares | 2,354,004 | 13,223,308 |
North Industries Group Red Arrow Co., Ltd., A Shares | 74,900 | 156,931 |
Northeast Securities Co., Ltd., A Shares | 200,000 | 216,528 |
Offshore Oil Engineering Co., Ltd., A Shares | 480,100 | 383,895 |
OFILM Group Co., Ltd., A Shares * | 303,500 | 240,598 |
Oppein Home Group, Inc., A Shares | 20,740 | 278,993 |
ORG Technology Co., Ltd., A Shares | 341,300 | 222,735 |
Orient Securities Co., Ltd., A Shares | 790,916 | 1,082,300 |
Orient Securities Co., Ltd., H Shares | 895,795 | 498,061 |
Oriental Energy Co., Ltd., A Shares * | 156,600 | 225,697 |
Ourpalm Co., Ltd., A shares * | 338,800 | 253,687 |
Ovctek China, Inc., A Shares | 81,180 | 294,450 |
Pangang Group Vanadium Titanium & Resources Co., Ltd., A Shares * | 779,100 | 402,475 |
People.cn Co., Ltd., A Shares | 111,800 | 637,453 |
Perfect World Co., Ltd., A Shares | 85,450 | 162,365 |
PetroChina Co., Ltd., A Shares | 3,511,900 | 3,739,400 |
PetroChina Co., Ltd., H Shares | 27,532,420 | 19,872,286 |
Pharmaron Beijing Co., Ltd., A Shares | 50,400 | 206,350 |
Pharmaron Beijing Co., Ltd., H Shares (a) | 421,012 | 982,500 |
PICC Property & Casualty Co., Ltd., H Shares | 9,028,867 | 10,385,485 |
Pinduoduo, Inc., ADR * | 587,537 | 58,148,537 |
Ping An Bank Co., Ltd., A Shares | 1,854,600 | 2,835,982 |
Ping An Healthcare & Technology Co., Ltd. *(a) | 776,982 | 1,938,058 |
Ping An Insurance Group Co. of China Ltd., A Shares | 1,116,300 | 7,482,899 |
Ping An Insurance Group Co. of China Ltd., H Shares | 8,361,521 | 50,061,965 |
Pingdingshan Tianan Coal Mining Co., Ltd., A Shares | 258,300 | 303,423 |
Poly Developments and Holdings Group Co., Ltd., A Shares | 1,142,500 | 2,194,429 |
Poly Property Services Co., Ltd., H Shares | 193,520 | 899,519 |
Pop Mart International Group Ltd. (a) | 970,339 | 3,155,373 |
Porton Pharma Solutions Ltd., A Shares | 58,800 | 199,056 |
Postal Savings Bank of China Co., Ltd., A Shares | 2,620,400 | 1,749,693 |
Postal Savings Bank of China Co., Ltd., H Shares | 12,125,845 | 5,984,254 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Power Construction Corp. of China Ltd., A Shares | 1,839,300 | 1,301,421 |
Pylon Technologies Co., Ltd., A Shares | 22,902 | 435,479 |
Qifu Technology, Inc., ADR | 153,765 | 2,614,005 |
Qingdao TGOOD Electric Co., Ltd., A Shares | 113,900 | 295,293 |
Qinghai Salt Lake Industry Co., Ltd., A Shares * | 528,600 | 1,299,985 |
Raytron Technology Co., Ltd., A Shares | 45,400 | 319,425 |
Red Star Macalline Group Corp., Ltd., H Shares | 1,023,788 | 355,112 |
Remegen Co., Ltd., H Shares * | 192,088 | 896,537 |
RLX Technology, Inc., ADR * | 1,115,546 | 1,706,785 |
Rongsheng Petrochemical Co., Ltd., A Shares | 317,800 | 526,137 |
SAIC Motor Corp., Ltd., A Shares | 817,700 | 1,613,268 |
Sailun Group Co., Ltd., A Shares | 309,500 | 524,728 |
Sangfor Technologies, Inc., A Shares * | 14,100 | 211,311 |
Sany Heavy Industry Co., Ltd., A Shares | 821,900 | 1,749,156 |
Satellite Chemical Co., Ltd., A Shares | 321,962 | 676,790 |
SDIC Capital Co., Ltd., A Shares | 878,800 | 885,018 |
Sealand Securities Co., Ltd., A Shares | 483,300 | 251,660 |
Seazen Group Ltd. *(a) | 3,650,373 | 712,223 |
Seazen Holdings Co., Ltd., A Shares * | 220,700 | 439,672 |
SenseTime Group, Inc., Class B *(a) | 20,486,389 | 4,075,464 |
SF Holding Co., Ltd., A Shares | 476,800 | 2,848,288 |
SG Micro Corp., A Shares | 44,898 | 477,633 |
Shaanxi Coal Industry Co., Ltd., A Shares | 947,200 | 2,165,475 |
Shaanxi International Trust Co., Ltd., A Shares | 391,300 | 163,434 |
Shandong Chenming Paper Holdings Ltd., H Shares * | 1,939,745 | 559,036 |
Shandong Gold Mining Co., Ltd., A Shares | 380,804 | 1,372,328 |
Shandong Gold Mining Co., Ltd., H Shares | 821,574 | 1,661,640 |
Shandong Himile Mechanical Science & Technology Co., Ltd., A Shares | 68,600 | 323,090 |
Shandong Hi-speed Co., Ltd., A Shares | 244,600 | 227,511 |
Shandong Hualu Hengsheng Chemical Co., Ltd., A Shares | 205,360 | 933,903 |
Shandong Linglong Tyre Co., Ltd., A Shares | 86,400 | 258,541 |
Shandong Nanshan Aluminum Co., Ltd., A Shares | 1,146,700 | 491,544 |
Shandong Pharmaceutical Glass Co., Ltd., A Shares | 69,900 | 253,440 |
Shandong Sun Paper Industry JSC Ltd., A Shares | 296,900 | 467,877 |
Shandong Weigao Group Medical Polymer Co., Ltd., H Shares | 3,149,993 | 3,133,222 |
Shanghai Aiko Solar Energy Co., Ltd., Class A | 198,660 | 606,202 |
Shanghai Bairun Investment Holding Group Co., Ltd., A Shares | 97,428 | 429,949 |
Shanghai Baosight Software Co., Ltd., A Shares | 345,171 | 2,273,002 |
Shanghai Construction Group Co., Ltd., A Shares | 670,100 | 257,784 |
Shanghai Electric Group Co., Ltd., A Shares * | 1,125,400 | 691,150 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Shanghai Electric Group Co., Ltd., H Shares * | 3,128,403 | 702,138 |
Shanghai Electric Power Co., Ltd., A Shares | 237,200 | 299,168 |
Shanghai Fosun Pharmaceutical Group Co., Ltd., A Shares | 161,200 | 618,577 |
Shanghai Fosun Pharmaceutical Group Co., Ltd., H Shares | 798,249 | 1,879,131 |
Shanghai Friendess Electronic Technology Corp., Ltd., A Shares | 12,371 | 447,640 |
Shanghai Fudan Microelectronics Group Co., Ltd., A Shares | 25,080 | 182,109 |
Shanghai Fudan Microelectronics Group Co., Ltd., H Shares (a) | 396,630 | 950,890 |
Shanghai Industrial Holdings Ltd. | 616,244 | 809,426 |
Shanghai International Airport Co., Ltd., A Shares * | 241,400 | 1,301,109 |
Shanghai International Port Group Co., Ltd., A Shares | 1,826,100 | 1,279,537 |
Shanghai Jinjiang International Hotels Co. Ltd, A Shares | 96,700 | 511,898 |
Shanghai Jinjiang International Hotels Co., Ltd., B Shares | 204,265 | 339,080 |
Shanghai Jinqiao Export Processing Zone Development Co., Ltd., A Shares | 318,200 | 559,588 |
Shanghai Junshi Biosciences Co., Ltd., A Shares * | 76,221 | 398,044 |
Shanghai Junshi Biosciences Co., Ltd., H Shares *(a) | 214,650 | 585,776 |
Shanghai Lingang Holdings Corp., Ltd., A Shares | 174,700 | 285,146 |
Shanghai Lujiazui Finance & Trade Zone Development Co., Ltd., A Shares | 568,800 | 780,698 |
Shanghai Lujiazui Finance & Trade Zone Development Co., Ltd., B Shares | 509,730 | 208,989 |
Shanghai M&G Stationery, Inc., A Shares | 44,200 | 228,940 |
Shanghai Mechanical and Electrical Industry Co., Ltd., B shares | 293,501 | 290,566 |
Shanghai Pharmaceuticals Holding Co., Ltd., A Shares | 164,900 | 405,085 |
Shanghai Pharmaceuticals Holding Co., Ltd., H Shares | 1,243,822 | 2,046,138 |
Shanghai Pudong Development Bank Co., Ltd., A Shares | 2,824,800 | 2,708,952 |
Shanghai Putailai New Energy Technology Co., Ltd., A Shares | 237,576 | 1,068,007 |
Shanghai RAAS Blood Products Co., Ltd., A Shares | 663,000 | 647,651 |
Shanghai Rural Commercial Bank Co., Ltd., A Shares | 470,400 | 376,139 |
Shanghai Tunnel Engineering Co., Ltd., A Shares | 279,100 | 224,323 |
Shanghai Waigaoqiao Free Trade Zone Group Co., Ltd., A Shares | 180,200 | 290,657 |
Shanghai Yuyuan Tourist Mart Group Co., Ltd., A Shares | 425,500 | 430,264 |
Shanghai Zhangjiang High-Tech Park Development Co., Ltd., A Shares | 158,400 | 363,220 |
Shanghai Zhenhua Heavy Industries Co., Ltd., B Shares * | 1,352,720 | 298,951 |
Shanxi Lu'an Environmental Energy Development Co., Ltd., A Shares | 297,700 | 665,873 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Shanxi Meijin Energy Co., Ltd., A Shares * | 413,200 | 407,040 |
Shanxi Securities Co., Ltd., A Shares | 357,600 | 297,734 |
Shanxi Taigang Stainless Steel Co., Ltd., A Shares | 479,600 | 259,617 |
Shanxi Xinghuacun Fen Wine Factory Co., Ltd., A Shares | 118,700 | 3,947,425 |
Shanxi Xishan Coal & Electricity Power Co., Ltd., A Shares | 541,900 | 620,931 |
Shenghe Resources Holding Co., Ltd., A Shares | 167,100 | 253,916 |
Shengyi Technology Co., Ltd., A Shares | 219,400 | 446,728 |
Shennan Circuits Co., Ltd., A Shares | 31,700 | 288,190 |
Shenwan Hongyuan Group Co., Ltd., A Shares | 1,674,700 | 1,003,186 |
Shenwan Hongyuan Group Co., Ltd., H Shares | 3,472,001 | 681,848 |
Shenzhen Airport Co., Ltd., A Shares * | 213,000 | 198,704 |
Shenzhen Capchem Technology Co., Ltd., A Shares | 80,640 | 531,580 |
Shenzhen Dynanonic Co., Ltd., A Shares | 22,880 | 294,829 |
Shenzhen Energy Group Co., Ltd., A Shares | 433,000 | 385,497 |
Shenzhen Expressway Corp., Ltd., H Shares | 1,047,831 | 847,164 |
Shenzhen Hepalink Pharmaceutical Group Co., Ltd., H Shares | 520,165 | 271,964 |
Shenzhen Inovance Technology Co., Ltd., A Shares | 169,800 | 1,592,903 |
Shenzhen International Holdings Ltd. | 1,885,455 | 1,341,644 |
Shenzhen Investment Ltd. | 3,353,306 | 590,119 |
Shenzhen Kaifa Technology Co., Ltd., A Shares | 155,600 | 381,812 |
Shenzhen Kangtai Biological Products Co., Ltd., A Shares * | 105,180 | 402,743 |
Shenzhen Kedali Industry Co., Ltd., A Shares | 23,100 | 369,327 |
Shenzhen Kingdom Sci-Tech Co., Ltd., A Shares | 126,200 | 235,460 |
Shenzhen Kstar Science And Technology Co., Ltd., Class A | 44,500 | 185,129 |
Shenzhen Mindray Bio-Medical Electronics Co., Ltd., A Shares | 113,900 | 4,225,184 |
Shenzhen MTC Co., Ltd., A Shares | 463,600 | 331,848 |
Shenzhen New Industries Biomedical Engineering Co., Ltd., A Shares | 48,000 | 400,830 |
Shenzhen Overseas Chinese Town Co., Ltd., A Shares * | 794,200 | 474,654 |
Shenzhen Salubris Pharmaceuticals Co., Ltd., A Shares | 92,000 | 349,495 |
Shenzhen SC New Energy Technology Corp., A Shares | 31,000 | 377,273 |
Shenzhen Senior Technology Material Co., Ltd., A Shares | 119,700 | 231,062 |
Shenzhen Sunway Communication Co., Ltd., A Shares | 88,700 | 210,950 |
Shenzhen Transsion Holdings Co., Ltd., A Shares | 79,150 | 1,596,593 |
Shenzhen YUTO Packaging Technology Co., Ltd., A Shares | 67,900 | 225,105 |
Shenzhen Zhongjin Lingnan Nonfemet Co., Ltd., A Shares | 304,100 | 208,485 |
Shenzhou International Group Holdings Ltd. | 1,007,327 | 10,340,782 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Shijiazhuang Changshan BeiMing Technology Co., Ltd., A Shares * | 215,100 | 203,028 |
Shijiazhuang Yiling Pharmaceutical Co., Ltd., A Shares | 159,500 | 509,935 |
Shimao Services Holdings Ltd. * | 1,077,750 | 210,279 |
Shougang Fushan Resources Group Ltd. | 2,483,421 | 715,724 |
Shui On Land Ltd. | 4,791,512 | 464,380 |
Siasun Robot & Automation Co., Ltd., A Shares * | 140,300 | 247,696 |
Sichuan Chuantou Energy Co., Ltd., A Shares | 429,200 | 882,164 |
Sichuan Hebang Biotechnology Co., Ltd., A Shares | 831,400 | 273,002 |
Sichuan Kelun Pharmaceutical Co., Ltd., A Shares | 138,500 | 515,676 |
Sichuan New Energy Power Co., Ltd. * | 139,800 | 242,588 |
Sichuan Road & Bridge Co., Ltd., A Shares | 645,060 | 789,652 |
Sichuan Swellfun Co., Ltd., A Shares | 48,700 | 442,673 |
Sichuan Yahua Industrial Group Co., Ltd., A Shares | 100,900 | 217,229 |
Sieyuan Electric Co., Ltd., A Shares | 77,800 | 547,064 |
Sino Biopharmaceutical Ltd. | 12,873,882 | 4,892,297 |
Sinoma International Engineering Co., A Shares | 327,100 | 528,052 |
Sinoma Science & Technology Co., Ltd., A Shares | 158,200 | 477,089 |
Sinomine Resource Group Co., Ltd., A Shares | 62,860 | 321,274 |
Sino-Ocean Group Holding Ltd. * | 4,260,952 | 198,329 |
Sinopec Engineering Group Co., Ltd., H Shares | 1,944,477 | 900,112 |
Sinopec Oilfield Service Corp., H Shares * | 6,549,300 | 501,110 |
Sinopec Shanghai Petrochemical Co., Ltd., A Shares * | 932,900 | 388,361 |
Sinopec Shanghai Petrochemical Co., Ltd., H Shares * | 3,597,610 | 504,654 |
Sinopharm Group Co., Ltd., H Shares | 1,676,274 | 4,863,102 |
Sinotrans Ltd., H Shares | 3,494,149 | 1,416,953 |
Sinotruk Hong Kong Ltd. | 843,380 | 1,563,777 |
Skshu Paint Co., Ltd., A Shares * | 47,628 | 492,934 |
Smoore International Holdings Ltd. | 2,453,906 | 2,481,522 |
Songcheng Performance Development Co., Ltd., A Shares | 244,300 | 416,201 |
SooChow Securities Co., Ltd., A Shares | 463,685 | 521,753 |
Southwest Securities Co., Ltd., A Shares | 630,600 | 365,615 |
StarPower Semiconductor Ltd., A Shares | 14,700 | 400,052 |
STO Express Co. Ltd, A Shares * | 130,200 | 177,631 |
Sun Art Retail Group Ltd. | 2,585,957 | 606,773 |
Sunac Services Holdings Ltd. | 874,483 | 273,215 |
Sungrow Power Supply Co., Ltd., A Shares | 145,600 | 1,995,411 |
Sunny Optical Technology Group Co., Ltd. | 880,449 | 7,196,963 |
Sunwoda Electronic Co., Ltd., A Shares | 174,300 | 379,324 |
Suzhou Dongshan Precision Manufacturing Co., Ltd., A Shares | 157,600 | 407,073 |
Suzhou Maxwell Technologies Co., Ltd., A Shares | 26,060 | 546,227 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Suzhou Nanomicro Technology Co., Ltd., Class A | 47,791 | 220,948 |
Taiji Computer Corp., Ltd., A Shares | 59,600 | 301,992 |
TAL Education Group, ADR * | 607,938 | 4,285,963 |
Tangshan Jidong Cement Co., Ltd., A Shares | 287,800 | 299,722 |
TangShan Port Group Co., Ltd., A Shares | 609,200 | 280,390 |
TBEA Co., Ltd., A Shares | 452,323 | 913,533 |
TCL Technology Group Corp., A Shares * | 2,286,250 | 1,287,851 |
Tencent Holdings Ltd. | 8,404,992 | 348,343,469 |
Tencent Music Entertainment Group, ADR * | 841,500 | 5,739,030 |
The People's Insurance Co. Group of China Ltd., A Shares | 1,625,600 | 1,304,322 |
The People's Insurance Co. Group of China Ltd., H Shares | 9,900,623 | 3,371,016 |
Thunder Software Technology Co., Ltd., A Shares | 40,400 | 444,436 |
Tian Di Science & Technology Co., Ltd., A Shares | 299,200 | 216,225 |
Tianjin Chase Sun Pharmaceutical Co. Ltd, A Shares | 302,500 | 184,530 |
Tianjin Guangyu Development Co., Ltd., A Shares | 177,500 | 277,767 |
Tianjin Zhonghuan Semiconductor Co., Ltd., A Shares | 388,500 | 1,369,104 |
Tianma Microelectronics Co., Ltd., A Shares * | 229,000 | 270,578 |
Tianqi Lithium Corp., A Shares | 150,700 | 1,191,976 |
Tianqi Lithium Corp., Class H | 124,956 | 685,192 |
Tianshui Huatian Technology Co., Ltd., A Shares | 324,700 | 400,605 |
Tingyi Cayman Islands Holding Corp. | 2,475,525 | 3,636,694 |
Titan Wind Energy Suzhou Co., Ltd., A Shares * | 167,900 | 300,114 |
Tongcheng Travel Holdings Ltd. * | 1,576,319 | 3,533,865 |
TongFu Microelectronics Co., Ltd., A Shares | 148,100 | 414,888 |
Tongkun Group Co., Ltd., A Shares * | 224,000 | 456,709 |
Tongling Nonferrous Metals Group Co., Ltd., A Shares | 925,500 | 408,169 |
Tongwei Co., Ltd., A Shares | 434,500 | 1,915,059 |
Topchoice Medical Corp., A Shares * | 30,700 | 393,615 |
Topsec Technologies Group, Inc., A Shares * | 156,800 | 202,503 |
Topsports International Holdings Ltd. | 3,775,918 | 3,072,064 |
Towngas Smart Energy Co., Ltd. | 1,617,612 | 682,793 |
TravelSky Technology Ltd., H Shares | 1,235,948 | 2,216,014 |
Trina Solar Co., Ltd., A Shares | 213,856 | 998,396 |
Trip.com Group Ltd. * | 710,248 | 28,023,175 |
Tsingtao Brewery Co., Ltd., A Shares | 69,800 | 873,639 |
Tsingtao Brewery Co., Ltd., H Shares | 810,684 | 6,755,915 |
Tuya, Inc., ADR * | 341,415 | 628,204 |
Unigroup Guoxin Microelectronics Co., Ltd., A Shares * | 81,679 | 1,040,612 |
Uni-President China Holdings Ltd. | 1,587,254 | 1,173,982 |
Unisplendour Corp., Ltd., A Shares * | 123,700 | 457,682 |
Valiant Co., Ltd., A Shares | 84,400 | 204,318 |
Vinda International Holdings Ltd. | 356,483 | 825,547 |
Vipshop Holdings Ltd., ADR * | 479,803 | 7,576,089 |
Walvax Biotechnology Co., Ltd., A Shares | 162,200 | 527,482 |
Wanda Film Holding Co., Ltd., A Shares * | 244,400 | 451,629 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Wangsu Science & Technology Co., Ltd., A Shares | 229,600 | 217,345 |
Wanhua Chemical Group Co., Ltd., A Shares | 294,900 | 3,798,430 |
Wanxiang Qianchao Co., Ltd., A Shares | 304,900 | 221,182 |
Weibo Corp., ADR | 99,030 | 1,277,487 |
Weichai Power Co., Ltd., A Shares | 590,500 | 957,326 |
Weichai Power Co., Ltd., H Shares | 2,699,267 | 3,504,133 |
Weifu High-Technology Group Co., Ltd., A Shares | 187,500 | 438,964 |
Weihai Guangwei Composites Co., Ltd., A Shares | 73,120 | 280,987 |
Wens Foodstuffs Group Co., Ltd., A Shares | 180,320 | 412,740 |
Western Mining Co., Ltd., A Shares | 218,400 | 383,479 |
Western Securities Co., Ltd., A Shares | 442,100 | 409,999 |
Western Superconducting Technologies Co., Ltd., A Shares | 63,280 | 412,361 |
Westone Information Industry, Inc., A Shares | 87,900 | 302,037 |
Will Semiconductor Co., Ltd ., A Shares | 78,150 | 988,028 |
Wingtech Technology Co., Ltd., A Shares * | 110,400 | 700,456 |
Winning Health Technology Group Co., Ltd., A Shares | 212,700 | 210,698 |
Wolong Electric Group Co., Ltd., A Shares | 121,200 | 203,152 |
Wonders Information Co. Ltd, Class A * | 115,200 | 160,015 |
Wuchan Zhongda Group Co., Ltd., A Shares | 345,300 | 220,601 |
Wuhan Guide Infrared Co., Ltd., A Shares | 374,436 | 396,634 |
Wuliangye Yibin Co., Ltd., A Shares | 367,300 | 7,867,795 |
WUS Printed Circuit Kunshan Co., Ltd., A Shares | 179,500 | 521,101 |
WuXi AppTec Co., Ltd., A Shares | 217,051 | 2,430,399 |
WuXi AppTec Co., Ltd., H Shares | 512,545 | 5,614,514 |
Wuxi Autowell Technology Co., Ltd., Class A | 10,240 | 236,793 |
Wuxi Biologics Cayman, Inc. * | 4,808,394 | 27,071,839 |
XCMG Construction Machinery Co., Ltd., A Shares | 1,092,900 | 908,435 |
Xiamen C & D, Inc., A Shares | 328,600 | 490,293 |
Xiamen Faratronic Co., Ltd., A Shares | 22,000 | 343,519 |
Xiamen ITG Group Corp., Ltd., A Shares | 178,800 | 179,819 |
Xiamen Tungsten Co., Ltd., A Shares | 120,800 | 287,955 |
Xiaomi Corp., B Shares * | 19,550,014 | 30,814,317 |
Xinhua Winshare Publishing and Media Co., Ltd., H Shares | 545,376 | 407,550 |
Xinjiang Daqo New Energy Co., Ltd., Class A | 101,884 | 581,894 |
Xinjiang Tianshan Cement Co., Ltd., A Shares | 197,300 | 208,997 |
Xinjiang Zhongtai Chemical Co., Ltd., A Shares | 241,900 | 223,338 |
Xinxing Ductile Iron Pipes Co., Ltd., A Shares | 347,500 | 191,451 |
Xinyi Solar Holdings Ltd. | 5,634,535 | 4,706,373 |
XPeng, Inc., A Shares * | 1,483,730 | 13,916,325 |
Xtep International Holdings Ltd. | 1,509,113 | 1,495,305 |
Xuji Electric Co., Ltd., A Shares | 91,400 | 242,612 |
Yadea Group Holdings Ltd. | 1,343,405 | 2,583,422 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Yang Quan Coal Industry Group Co., Ltd., A Shares | 187,350 | 194,853 |
Yangling Metron New Material, Inc., A Shares | 51,500 | 308,922 |
Yangtze Optical Fibre and Cable Joint Stock Ltd., Co., A Shares | 109,200 | 487,000 |
Yangzhou Yangjie Electronic Technology Co., Ltd., A Shares | 49,900 | 244,889 |
Yangzijiang Financial Holding Ltd. | 3,301,628 | 892,332 |
Yangzijiang Shipbuilding Holdings Ltd. | 3,492,994 | 4,371,092 |
Yankuang Energy Group Co., Ltd., A Shares | 406,800 | 962,996 |
Yankuang Energy Group Co., Ltd., H Shares | 2,735,739 | 4,298,059 |
Yanlord Land Group Ltd. * | 933,535 | 466,595 |
Yantai Changyu Pioneer Wine Co., Ltd., A Shares | 182,783 | 773,723 |
Yantai Eddie Precision Machinery Co., Ltd., A Shares | 86,520 | 215,275 |
Yantai Jereh Oilfield Services Group Co., Ltd., A Shares | 102,500 | 402,621 |
Yatsen Holding Ltd., ADR * | 558,759 | 569,934 |
Yealink Network Technology Corp., Ltd., A Shares | 104,930 | 533,696 |
Yifan Pharmaceutical Co., Ltd., A Shares * | 124,700 | 224,609 |
Yifeng Pharmacy Chain Co., Ltd., A Shares | 95,564 | 466,890 |
Yihai International Holding Ltd. | 650,796 | 1,219,970 |
Yihai Kerry Arawana Holdings Co., Ltd., A Shares | 187,900 | 920,590 |
Yintai Gold Co., Ltd., A Shares | 275,600 | 547,148 |
Yixintang Pharmaceutical Group Co., Ltd., A Shares | 57,800 | 180,027 |
YongXing Special Materials Technology Co., Ltd., A Shares | 41,860 | 286,697 |
Yonyou Network Technology Co., Ltd., A Shares | 344,640 | 859,410 |
Youngor Group Co., Ltd., A Shares | 479,500 | 457,859 |
Youngy Co., Ltd., A Shares | 27,400 | 193,722 |
YTO Express Group Co., Ltd., A Shares | 271,800 | 563,877 |
Yuan Longping High-tech Agriculture Co., Ltd., A Shares * | 116,200 | 240,430 |
Yuexiu Property Co., Ltd. | 2,192,789 | 2,718,004 |
Yum China Holdings, Inc. | 539,615 | 28,763,869 |
Yunnan Aluminium Co., Ltd., A Shares | 346,500 | 687,430 |
Yunnan Baiyao Group Co., Ltd., A Shares | 155,540 | 1,167,859 |
Yunnan Botanee Bio-Technology Group Co., Ltd., A Shares | 18,000 | 251,730 |
Yunnan Copper Co., Ltd., A Shares | 334,100 | 533,385 |
Yunnan Energy New Material Co., Ltd., A Shares | 76,600 | 698,698 |
Yunnan Tin Co., Ltd., A Shares | 179,200 | 344,686 |
Yunnan Yuntianhua Co., Ltd., A Shares | 195,400 | 462,828 |
Zai Lab Ltd. * | 1,287,149 | 3,438,744 |
Zangge Mining Co., Ltd., A Shares | 112,300 | 346,690 |
Zhangzhou Pientzehuang Pharmaceutical Co., Ltd., A Shares | 58,300 | 2,213,454 |
Zhaojin Mining Industry Co., Ltd., H Shares | 1,449,753 | 2,048,428 |
Zhefu Holding Group Co., Ltd., A Shares | 544,000 | 295,226 |
Zhejiang Century Huatong Group Co., Ltd., A Shares * | 631,100 | 469,954 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Zhejiang China Commodities City Group Co., Ltd., A Shares | 547,200 | 617,982 |
Zhejiang Chint Electrics Co., Ltd., A Shares | 130,800 | 445,315 |
Zhejiang Crystal-Optech Co., Ltd., A Shares | 132,400 | 192,820 |
Zhejiang Dahua Technology Co., Ltd., A Shares | 342,600 | 1,015,774 |
Zhejiang Dingli Machinery Co., Ltd., A Shares | 34,600 | 252,566 |
Zhejiang Expressway Co., Ltd., H Shares | 1,521,369 | 1,136,892 |
Zhejiang Hailiang Co., Ltd., A Shares | 123,600 | 194,778 |
Zhejiang HangKe Technology, Inc. Co., A Shares | 44,364 | 167,009 |
Zhejiang Hisoar Pharmaceutical Co., Ltd., A Shares | 349,000 | 359,141 |
Zhejiang Huace Film & Television Co., Ltd., A Shares | 223,900 | 194,415 |
Zhejiang Huahai Pharmaceutical Co., Ltd., A Shares | 140,250 | 323,721 |
Zhejiang Huayou Cobalt Co., Ltd., A Shares | 159,860 | 876,336 |
Zhejiang Jingsheng Mechanical & Electrical Co., Ltd., A Shares | 127,800 | 989,074 |
Zhejiang Jiuzhou Pharmaceutical Co., Ltd., A Shares | 74,200 | 277,084 |
Zhejiang Juhua Co., Ltd., A Shares | 268,700 | 605,069 |
Zhejiang NHU Co., Ltd., A Shares | 285,468 | 638,513 |
Zhejiang Sanhua Intelligent Controls Co., Ltd., A Shares | 111,620 | 455,467 |
Zhejiang Supcon Technology Co., Ltd., A Shares | 70,281 | 487,047 |
Zhejiang Supor Co., Ltd., A Shares | 46,200 | 302,203 |
Zhejiang Wanfeng Auto Wheel Co., Ltd., A Shares | 401,900 | 310,874 |
Zhejiang Weixing New Building Materials Co., Ltd., A Shares | 155,300 | 431,217 |
Zhejiang Wolwo Bio-Pharmaceutical Co., Ltd., A Shares | 54,100 | 237,554 |
Zhengzhou Coal Mining Machinery Group Co., Ltd., A Shares | 162,400 | 282,027 |
Zheshang Securities Co., Ltd., A Shares | 114,500 | 162,032 |
ZhongAn Online P&C Insurance Co., Ltd., H Shares * | 1,031,057 | 3,063,554 |
Zhongji Innolight Co., Ltd., A Shares | 65,400 | 1,029,903 |
Zhongsheng Group Holdings Ltd. | 899,517 | 2,741,538 |
Zhongtai Securities Co., Ltd., A Shares | 240,800 | 241,842 |
Zhuhai Huafa Properties Co., Ltd., A Shares | 209,400 | 301,794 |
Zhuzhou CRRC Times Electric Co., Ltd. | 723,108 | 2,522,014 |
Zhuzhou CRRC Times Electric Co., Ltd., A Shares | 51,276 | 307,438 |
Zhuzhou Hongda Electronics Corp., Ltd., A Shares | 41,900 | 201,714 |
Zhuzhou Kibing Group Co., Ltd., A Shares | 203,000 | 243,483 |
Zijin Mining Group Co., Ltd., A Shares | 1,933,700 | 3,283,717 |
Zijin Mining Group Co., Ltd., H Shares | 7,768,894 | 12,225,352 |
Zoomlion Heavy Industry Science and Technology Co. Ltd, A Shares | 504,700 | 447,944 |
Zoomlion Heavy Industry Science and Technology Co. Ltd, H Shares | 2,412,777 | 1,153,813 |
ZTE Corp., A Shares | 369,300 | 1,798,679 |
ZTE Corp., H Shares | 1,044,635 | 3,363,667 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
ZTO Express Cayman, Inc. | 583,311 | 14,170,401 |
2,756,177,412 | ||
Colombia 0.2% | ||
Bancolombia S.A. | 357,072 | 2,537,125 |
Bancolombia S.A., ADR | 159,317 | 4,253,764 |
Ecopetrol S.A., ADR | 334,113 | 3,902,440 |
Interconexion Electrica S.A. ESP | 602,060 | 2,202,138 |
12,895,467 | ||
Czech Republic 0.2% | ||
CEZ A/S | 213,432 | 9,082,745 |
Colt CZ Group SE | 14,433 | 364,624 |
Komercni Banka A/S | 108,370 | 3,389,277 |
Moneta Money Bank A/S | 524,282 | 1,954,884 |
Philip Morris CR AS | 945 | 740,469 |
15,531,999 | ||
Egypt 0.1% | ||
Commercial International Bank Egypt S.A.E., GDR | 4,420,285 | 5,428,110 |
Greece 0.6% | ||
Aegean Airlines S.A. * | 36,964 | 529,569 |
Alpha Services and Holdings S.A. * | 2,914,807 | 4,924,120 |
Athens Water Supply & Sewage Co. S.A. | 56,333 | 403,531 |
Autohellas Tourist and Trading S.A. | 30,022 | 461,395 |
Ellaktor S.A. * | 133,543 | 364,526 |
Eurobank Ergasias Services & Holdings S.A., A Shares * | 3,350,993 | 5,830,110 |
FF Group *(b) | 50,437 | 0 |
GEK Terna Holding Real Estate Construction S.A. * | 77,184 | 1,127,566 |
Hellenic Petroleum Holdings S.A. | 95,565 | 857,776 |
Hellenic Telecommunications Organization S.A. | 301,359 | 4,513,703 |
Holding Co. ADMIE IPTO S.A. * | 188,491 | 470,531 |
JUMBO S.A. | 151,493 | 4,689,341 |
LAMDA Development S.A. * | 125,811 | 923,754 |
Motor Oil Hellas Corinth Refineries S.A. | 77,065 | 1,965,598 |
Mytilineos S.A. | 138,195 | 5,615,622 |
National Bank of Greece S.A. * | 748,390 | 5,096,150 |
OPAP S.A. | 242,721 | 4,104,351 |
Piraeus Financial Holdings S.A. * | 916,533 | 3,175,270 |
Public Power Corp. S.A. * | 287,063 | 3,146,794 |
Quest Holdings S.A. | 40,734 | 278,969 |
Sarantis S.A. | 45,508 | 382,295 |
Terna Energy S.A. | 80,005 | 1,441,434 |
Titan Cement International S.A. | 62,593 | 1,248,651 |
Viohalco S.A. | 60,451 | 459,929 |
52,010,985 | ||
Hong Kong 0.0% | ||
China Huishan Dairy Holdings Co., Ltd. *(b) | 3,872,695 | 0 |
Hungary 0.3% | ||
Magyar Telekom Telecommunications plc | 637,187 | 847,875 |
MOL Hungarian Oil & Gas plc | 604,862 | 4,578,082 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
OTP Bank Nyrt | 318,938 | 13,026,600 |
Richter Gedeon Nyrt | 190,927 | 4,790,725 |
23,243,282 | ||
Iceland 0.1% | ||
Arion Banki HF | 1,966,782 | 2,118,050 |
Eimskipafelag Islands hf | 169,064 | 686,947 |
Festi hf | 510,526 | 736,954 |
Hagar hf | 1,501,201 | 785,399 |
Icelandair Group HF * | 36,574,433 | 522,372 |
Islandsbanki HF | 1,731,719 | 1,554,090 |
Kvika banki hf | 7,075,479 | 910,577 |
Marel HF | 791,207 | 2,900,629 |
Reitir fasteignafelag hf | 937,279 | 590,587 |
10,805,605 | ||
India 17.3% | ||
3M India Ltd. | 3,979 | 1,497,350 |
Aarti Industries Ltd. | 274,755 | 1,632,210 |
ABB India Ltd. | 72,233 | 3,823,008 |
ACC Ltd. | 108,927 | 2,639,090 |
Adani Energy Solutions Ltd. * | 424,208 | 4,160,542 |
Adani Enterprises Ltd. | 470,263 | 13,742,424 |
Adani Green Energy Ltd. * | 576,439 | 6,466,171 |
Adani Ports & Special Economic Zone Ltd. | 1,124,725 | 10,762,743 |
Adani Power Ltd. * | 1,321,635 | 5,129,370 |
Adani Total Gas Ltd. | 377,832 | 2,901,757 |
Adani Wilmar Ltd. * | 219,033 | 951,153 |
Aditya Birla Capital Ltd. * | 587,966 | 1,286,567 |
Alkem Laboratories Ltd. | 33,631 | 1,479,868 |
Ambuja Cements Ltd. | 980,789 | 5,075,360 |
APL Apollo Tubes Ltd. | 226,843 | 4,591,594 |
Apollo Hospitals Enterprise Ltd. | 135,331 | 7,869,628 |
Ashok Leyland Ltd. | 1,864,035 | 4,139,611 |
Asian Paints Ltd. | 608,139 | 23,918,965 |
Astral Ltd. | 160,042 | 3,777,561 |
AU Small Finance Bank Ltd. | 440,313 | 3,848,326 |
Aurobindo Pharma Ltd. | 360,828 | 3,617,596 |
Avenue Supermarts Ltd. * | 202,748 | 9,111,461 |
Axis Bank Ltd. | 3,070,036 | 36,101,165 |
Bajaj Auto Ltd. | 95,269 | 5,309,482 |
Bajaj Finance Ltd. | 328,349 | 28,410,079 |
Bajaj Finserv Ltd. | 516,255 | 9,284,779 |
Bajaj Holdings & Investment Ltd. | 35,817 | 3,217,879 |
Balkrishna Industries Ltd. | 108,728 | 3,051,128 |
Bandhan Bank Ltd. | 1,080,562 | 2,996,839 |
Bank of Baroda | 1,414,135 | 3,196,852 |
Bank of India | 1,013,920 | 1,050,831 |
Bata India Ltd. | 91,361 | 1,863,059 |
Bayer CropScience Ltd. | 18,358 | 1,067,225 |
Berger Paints India Ltd. | 356,309 | 3,092,828 |
Bharat Electronics Ltd. | 4,779,736 | 7,690,418 |
Bharat Forge Ltd. | 337,383 | 4,362,052 |
Bharat Heavy Electricals Ltd. | 1,716,755 | 2,514,385 |
Bharat Petroleum Corp., Ltd. | 1,336,329 | 5,497,131 |
Bharti Airtel Ltd. | 3,096,226 | 32,029,569 |
Bharti Airtel Ltd. | 186,813 | 1,066,117 |
Biocon Ltd. | 677,232 | 2,121,610 |
Bosch Ltd. | 11,952 | 2,681,540 |
Britannia Industries Ltd. | 159,904 | 8,629,586 |
Canara Bank | 488,193 | 1,889,408 |
Castrol India Ltd. | 669,325 | 1,170,301 |
CG Power & Industrial Solutions Ltd. | 922,565 | 4,784,651 |
Cholamandalam Investment & Finance Co., Ltd. | 543,779 | 7,368,838 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Cipla Ltd. | 680,630 | 10,339,402 |
Coal India Ltd. | 3,036,729 | 8,438,593 |
Coforge Ltd. | 78,339 | 5,172,794 |
Colgate-Palmolive (India) Ltd. | 180,190 | 4,227,006 |
Container Corp. Of India Ltd. | 374,040 | 3,037,998 |
Coromandel International Ltd. | 159,355 | 2,099,966 |
Cummins India Ltd. | 176,075 | 3,632,150 |
Dabur India Ltd. | 792,950 | 5,297,747 |
Dalmia Bharat Ltd. | 110,204 | 2,775,592 |
Deepak Nitrite Ltd. | 101,343 | 2,717,619 |
Divi's Laboratories Ltd. | 169,436 | 7,351,837 |
Dixon Technologies India Ltd. * | 49,731 | 3,005,891 |
DLF Ltd. | 845,866 | 5,150,626 |
Dr Lal PathLabs Ltd. | 46,153 | 1,213,055 |
Dr. Reddy's Laboratories Ltd. | 160,990 | 10,905,286 |
Eicher Motors Ltd. | 185,286 | 7,467,729 |
Emami Ltd. | 294,772 | 1,867,733 |
Embassy Office Parks REIT | 845,698 | 3,117,446 |
Exide Industries Ltd. | 635,258 | 2,047,282 |
Federal Bank Ltd. | 2,248,164 | 3,909,142 |
FSN E-Commerce Ventures Ltd. * | 1,845,004 | 2,976,343 |
GAIL India Ltd. | 3,486,272 | 4,842,849 |
General Insurance Corp. of India * | 134,544 | 353,643 |
GlaxoSmithKline Pharmaceuticals Ltd. | 58,443 | 1,009,156 |
Glenmark Pharmaceuticals Ltd. | 211,976 | 1,963,536 |
GMR Infrastructure Ltd. * | 3,260,186 | 2,431,762 |
Godrej Consumer Products Ltd. * | 488,274 | 5,928,383 |
Godrej Industries Ltd. * | 107,181 | 696,015 |
Godrej Properties Ltd. * | 135,683 | 2,697,393 |
Grasim Industries Ltd. | 506,983 | 10,967,778 |
Gujarat Fluorochemicals Ltd. | 53,399 | 1,965,126 |
Gujarat Gas Ltd. * | 303,548 | 1,647,608 |
Havells India Ltd. | 326,002 | 5,452,186 |
HCL Technologies Ltd. | 1,424,546 | 20,169,794 |
HDFC Asset Management Co., Ltd. | 140,065 | 4,270,662 |
HDFC Life Insurance Co., Ltd. | 1,308,688 | 10,192,231 |
Hero MotoCorp Ltd. | 178,379 | 6,282,979 |
Hindalco Industries Ltd. | 1,874,835 | 10,414,083 |
Hindustan Aeronautics Ltd. | 128,587 | 6,058,106 |
Hindustan Petroleum Corp., Ltd. * | 815,811 | 2,444,883 |
Hindustan Unilever Ltd. | 1,198,671 | 36,270,888 |
Hindustan Zinc Ltd. | 312,195 | 1,199,775 |
Honeywell Automation India Ltd. | 3,289 | 1,574,997 |
ICICI Bank Ltd. | 2,136,328 | 24,740,877 |
ICICI Lombard General Insurance Co., Ltd. | 325,088 | 5,158,684 |
ICICI Prudential Life Insurance Co., Ltd. | 507,109 | 3,454,182 |
IDBI Bank Ltd. | 919,372 | 664,101 |
IDFC First Bank Ltd. * | 4,390,438 | 4,950,670 |
Indian Bank | 254,025 | 1,161,866 |
Indian Hotels Co., Ltd. | 1,090,398 | 5,543,777 |
Indian Oil Corp., Ltd. | 5,489,245 | 5,907,886 |
Indian Railway Catering & Tourism Corp., Ltd. | 401,925 | 3,262,542 |
Indian Railway Finance Corp., Ltd. | 2,425,631 | 1,470,856 |
Indraprastha Gas Ltd. | 477,662 | 2,698,546 |
Indus Towers Ltd. * | 1,193,436 | 2,525,661 |
Info Edge India Ltd. | 103,951 | 5,438,871 |
Infosys Ltd. | 4,702,541 | 81,538,450 |
InterGlobe Aviation Ltd. * | 178,386 | 5,246,885 |
Ipca Laboratories Ltd. | 182,952 | 1,930,265 |
ITC Ltd. | 3,966,971 | 21,069,648 |
Jindal Steel & Power Ltd. | 525,445 | 4,344,527 |
Jio Financial Services Ltd. * | 4,522,277 | 12,755,158 |
JSW Energy Ltd. | 528,361 | 2,239,844 |
JSW Steel Ltd. | 1,323,848 | 12,467,506 |
Jubilant Foodworks Ltd. | 491,548 | 3,040,326 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Kansai Nerolac Paints Ltd. | 277,245 | 1,114,020 |
Kotak Mahindra Bank Ltd. | 139,281 | 2,958,951 |
L&T Finance Holdings Ltd. | 1,032,743 | 1,557,480 |
L&T Technology Services Ltd. | 35,163 | 1,870,681 |
Larsen & Toubro Infotech Ltd. | 123,602 | 7,753,880 |
Larsen & Toubro Ltd. | 918,174 | 29,975,375 |
Laurus Labs Ltd. | 517,221 | 2,496,568 |
LIC Housing Finance Ltd. | 414,680 | 2,120,579 |
Linde India Ltd. | 27,182 | 2,058,114 |
Lupin Ltd. | 326,098 | 4,324,470 |
Macrotech Developers Ltd. * | 302,690 | 2,450,990 |
Mahindra & Mahindra Financial Services Ltd. | 760,636 | 2,734,794 |
Mahindra & Mahindra Ltd. | 1,256,352 | 23,908,040 |
Mangalore Refinery & Petrochemicals Ltd. * | 341,776 | 393,232 |
Marico Ltd. | 708,746 | 4,880,287 |
Maruti Suzuki India Ltd. | 177,997 | 21,508,963 |
Max Financial Services Ltd. * | 326,275 | 3,679,874 |
Max Healthcare Institute Ltd. * | 981,854 | 6,992,128 |
Mphasis Ltd. | 116,769 | 3,425,793 |
MRF Ltd. | 3,533 | 4,638,313 |
Muthoot Finance Ltd. | 144,891 | 2,205,842 |
Nestle India Ltd. | 48,328 | 12,834,966 |
NHPC Ltd. | 3,135,534 | 1,901,328 |
Nippon Life India Asset Management Ltd. | 228,020 | 859,073 |
NMDC Ltd. | 1,559,565 | 2,318,072 |
NTPC Ltd. | 6,351,937 | 16,902,948 |
Oberoi Realty Ltd. | 159,308 | 2,156,884 |
Oil & Natural Gas Corp., Ltd. | 5,168,121 | 10,871,712 |
Oil India Ltd. | 480,209 | 1,584,141 |
One 97 Communications Ltd. * | 240,936 | 2,485,138 |
Oracle Financial Services Software Ltd. | 32,805 | 1,628,357 |
Page Industries Ltd. | 7,923 | 3,842,834 |
Patanjali Foods Ltd. | 125,856 | 1,865,426 |
PB Fintech Ltd. * | 485,973 | 4,547,361 |
Persistent Systems Ltd. | 68,305 | 4,431,239 |
Petronet LNG Ltd. | 1,015,518 | 2,641,031 |
PI Industries Ltd. | 106,631 | 4,673,352 |
Pidilite Industries Ltd. | 211,729 | 6,432,209 |
Piramal Enterprises Ltd. | 179,571 | 2,284,705 |
Polycab India Ltd. | 64,542 | 3,994,044 |
Power Finance Corp., Ltd. | 1,541,280 | 4,844,295 |
Power Grid Corp. of India Ltd. | 4,203,888 | 12,418,256 |
Punjab National Bank | 2,940,267 | 2,237,531 |
Rajesh Exports Ltd. | 184,443 | 1,111,855 |
RBL Bank Ltd. | 606,554 | 1,749,261 |
REC Ltd. | 1,629,070 | 4,696,161 |
Relaxo Footwears Ltd. | 94,673 | 1,080,572 |
Reliance Industries Ltd. | 4,509,061 | 131,100,392 |
Samvardhana Motherson International Ltd. | 3,190,279 | 3,691,781 |
SBI Cards & Payment Services Ltd. | 390,411 | 3,850,761 |
SBI Life Insurance Co., Ltd. | 564,374 | 8,811,628 |
Schaeffler India Ltd. | 55,124 | 2,032,403 |
Shree Cement Ltd. | 17,825 | 5,124,710 |
Shriram Transport Finance Co., Ltd. | 373,367 | 8,696,657 |
Siemens Ltd. | 120,293 | 5,699,028 |
Solar Industries India Ltd. | 32,651 | 1,908,232 |
Sona Blw Precision Forgings Ltd. | 472,116 | 3,396,606 |
SRF Ltd. | 191,611 | 5,454,183 |
Star Health & Allied Insurance Co., Ltd. * | 307,372 | 2,361,180 |
State Bank of India | 2,410,551 | 16,345,260 |
Steel Authority of India Ltd. | 1,953,165 | 2,139,873 |
Sun Pharmaceutical Industries Ltd. | 1,464,238 | 19,660,837 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Sun TV Network Ltd. | 144,598 | 1,077,679 |
Supreme Industries Ltd. | 86,633 | 4,664,832 |
Tata Communications Ltd. | 155,065 | 3,351,122 |
Tata Consultancy Services Ltd. | 1,372,648 | 55,657,851 |
Tata Consumer Products Ltd. | 808,788 | 8,151,260 |
Tata Elxsi Ltd. | 47,454 | 4,154,118 |
Tata Motors Ltd. | 2,465,744 | 17,900,462 |
Tata Motors Ltd., A Shares, DVR | 504,499 | 2,434,551 |
Tata Steel Ltd. | 10,815,172 | 16,055,621 |
Tata Teleservices Maharashtra Ltd. * | 709,531 | 752,073 |
Tech Mahindra Ltd. | 810,305 | 11,764,588 |
The Tata Power Co., Ltd. | 2,259,431 | 6,689,354 |
Titan Co., Ltd. | 561,320 | 21,049,267 |
Torrent Pharmaceuticals Ltd. | 131,655 | 2,930,128 |
Torrent Power Ltd. | 292,005 | 2,317,028 |
Trent Ltd. | 243,465 | 6,024,701 |
Tube Investments of India Ltd. | 133,221 | 4,667,532 |
TVS Motor Co., Ltd. | 309,717 | 5,312,080 |
UltraTech Cement Ltd. | 152,408 | 15,275,456 |
Union Bank of India Ltd. | 1,528,365 | 1,585,850 |
United Breweries Ltd. | 93,325 | 1,709,664 |
United Spirits Ltd. * | 393,294 | 4,786,584 |
UNO Minda Ltd. | 226,169 | 1,645,188 |
UPL Ltd. | 714,909 | 5,104,935 |
Vedant Fashions Ltd. | 81,737 | 1,244,475 |
Vedanta Ltd. | 1,860,875 | 5,221,655 |
Vodafone Idea Ltd. * | 11,380,770 | 1,244,119 |
Voltas Ltd. | 328,152 | 3,448,150 |
Whirlpool of India Ltd. | 49,538 | 977,581 |
Wipro Ltd. | 2,053,602 | 10,130,801 |
Yes Bank Ltd. * | 28,416,669 | 5,766,659 |
Zee Entertainment Enterprises Ltd. | 1,141,750 | 3,616,142 |
Zomato Ltd. * | 7,499,366 | 8,841,301 |
Zydus Lifesciences Ltd. | 344,358 | 2,603,288 |
1,467,937,056 | ||
Indonesia 3.3% | ||
Astra Agro Lestari Tbk PT | 572,688 | 285,780 |
Avia Avian Tbk PT | 24,062,686 | 947,972 |
Bank Syariah Indonesia Tbk PT | 5,045,012 | 566,446 |
Dayamitra Telekomunikasi PT | 28,530,330 | 1,404,974 |
Elang Mahkota Teknologi Tbk PT | 38,709,777 | 1,448,757 |
GoTo Gojek Tokopedia Tbk PT * | 988,753,884 | 6,232,460 |
HDFC Bank Ltd. | 3,990,145 | 75,741,000 |
Indosat Tbk PT | 2,683,090 | 1,691,245 |
Mayora Indah Tbk PT | 4,520,640 | 777,681 |
Merdeka Copper Gold Tbk PT * | 25,147,636 | 5,581,025 |
MNC Digital Entertainment Tbk PT * | 2,772,642 | 671,769 |
PT Adaro Energy Indonesia Tbk | 16,514,807 | 2,895,242 |
PT Astra International Tbk | 26,985,679 | 11,428,603 |
PT Bank Central Asia Tbk | 75,153,335 | 45,274,580 |
PT Bank Mandiri (Persero) Tbk | 59,274,149 | 23,448,900 |
PT Bank Negara Indonesia (Persero) Tbk | 9,974,640 | 6,009,017 |
PT Bank Rakyat Indonesia (Persero) Tbk | 94,383,776 | 34,394,613 |
PT Barito Pacific Tbk | 33,146,027 | 2,328,710 |
PT Bukit Asam Tbk | 5,823,014 | 1,093,488 |
PT Bumi Serpong Damai Tbk * | 11,601,803 | 864,612 |
PT Charoen Pokphand Indonesia Tbk * | 9,856,694 | 3,349,205 |
PT Gudang Garam Tbk | 624,096 | 985,523 |
PT Hanjaya Mandala Sampoerna Tbk | 11,639,714 | 672,551 |
PT Indah Kiat Pulp & Paper Corp. Tbk | 3,799,515 | 2,270,229 |
PT Indocement Tunggal Prakarsa Tbk | 2,244,686 | 1,577,028 |
PT Indofood CBP Sukses Makmur Tbk | 2,846,496 | 2,093,287 |
PT Indofood Sukses Makmur Tbk | 5,804,235 | 2,705,848 |
PT Jasa Marga Persero Tbk | 2,888,882 | 815,640 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
PT Kalbe Farma Tbk | 24,363,850 | 2,903,505 |
PT Media Nusantara Citra Tbk | 9,809,350 | 338,142 |
PT Perusahaan Gas Negara Tbk | 14,116,450 | 1,274,466 |
PT Sarana Menara Nusantara Tbk | 25,905,833 | 1,752,003 |
PT Semen Indonesia (Persero) Tbk | 4,540,303 | 2,027,187 |
PT Surya Citra Media Tbk | 17,413,637 | 169,220 |
PT Telkom Indonesia (Persero) Tbk | 62,126,468 | 15,215,478 |
PT Tower Bersama Infrastructure Tbk | 6,449,964 | 889,358 |
PT Unilever Indonesia Tbk | 7,705,240 | 1,856,745 |
PT United Tractors Tbk | 1,957,522 | 3,341,797 |
PT Vale Indonesia Tbk | 2,675,735 | 1,036,562 |
PT XL Axiata Tbk | 5,229,958 | 858,496 |
Smartfren Telecom Tbk PT * | 179,135,585 | 646,911 |
Sumber Alfaria Trijaya Tbk PT | 25,208,206 | 4,799,987 |
Varun Beverages Ltd. | 593,556 | 6,449,182 |
281,115,224 | ||
Kuwait 0.9% | ||
Agility Public Warehousing Co. KSC * | 2,063,592 | 3,849,361 |
Boubyan Bank KSCP | 1,869,475 | 3,699,529 |
Boubyan Petrochemicals Co. KSCP | 568,573 | 1,364,944 |
Burgan Bank SAK | 1,402,109 | 877,882 |
Gulf Bank KSCP | 2,603,650 | 2,128,531 |
Humansoft Holding Co. KSC | 132,154 | 1,383,491 |
Kuwait Finance House KSCP | 12,187,438 | 29,455,446 |
Mabanee Co. KPSC | 809,865 | 2,196,422 |
Mobile Telecommunications Co. KSCP | 2,535,768 | 4,195,431 |
National Bank of Kuwait SAKP | 10,054,522 | 30,008,630 |
79,159,667 | ||
Malaysia 1.8% | ||
Alliance Bank Malaysia Berhad | 1,564,080 | 1,162,947 |
AMMB Holdings Berhad | 2,938,972 | 2,362,579 |
Astro Malaysia Holdings Berhad | 2,271,200 | 249,636 |
Axiata Group Berhad | 5,884,977 | 2,993,221 |
British American Tobacco Malaysia Berhad | 196,000 | 421,569 |
Celcomdigi Berhad | 5,339,714 | 5,040,506 |
CIMB Group Holdings Berhad | 10,713,952 | 12,999,903 |
Dialog Group Berhad | 5,611,300 | 2,479,130 |
Fraser & Neave Holdings Berhad | 203,600 | 1,118,922 |
Gamuda Berhad | 3,093,692 | 3,000,348 |
Genting Berhad | 2,818,800 | 2,654,775 |
Genting Malaysia Berhad | 3,876,320 | 2,147,014 |
Hartalega Holdings Berhad | 2,354,700 | 989,583 |
Hong Leong Bank Berhad | 857,507 | 3,688,759 |
Hong Leong Financial Group Berhad | 335,400 | 1,317,023 |
IHH Healthcare Berhad | 3,905,700 | 5,008,387 |
IJM Corp. Berhad | 4,791,136 | 1,827,653 |
IOI Corp. Berhad | 3,347,392 | 2,907,325 |
Kuala Lumpur Kepong Berhad | 747,128 | 3,468,349 |
Malayan Banking Berhad | 9,772,518 | 19,186,991 |
Malaysia Airports Holdings Berhad | 1,447,784 | 2,299,605 |
Maxis Berhad | 2,581,124 | 2,230,670 |
MISC Berhad | 2,342,400 | 3,634,759 |
MR DIY Group M Berhad | 3,703,700 | 1,237,227 |
Nestle Malaysia Berhad | 89,171 | 2,507,934 |
Petronas Chemicals Group Berhad | 3,915,800 | 6,008,728 |
Petronas Dagangan Berhad | 361,400 | 1,729,112 |
Petronas Gas Berhad | 736,436 | 2,717,195 |
PPB Group Berhad | 880,077 | 2,981,640 |
Press Metal Aluminium Holdings Berhad | 4,771,664 | 4,987,623 |
Public Bank Berhad | 19,121,870 | 17,432,222 |
QL Resources Berhad | 1,495,050 | 1,739,929 |
RHB Bank Berhad | 2,253,962 | 2,725,157 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Sime Darby Berhad | 4,805,400 | 2,381,987 |
Sime Darby Plantation Berhad | 4,880,308 | 4,617,360 |
Telekom Malaysia Berhad | 1,556,734 | 1,711,065 |
Tenaga Nasional Berhad | 4,327,574 | 9,177,442 |
Top Glove Corp. Berhad * | 7,124,400 | 1,174,605 |
Westports Holdings Berhad | 1,413,200 | 1,065,991 |
YTL Corp. Berhad | 6,643,136 | 2,247,785 |
149,632,656 | ||
Mexico 3.3% | ||
Alfa S.A.B. de C.V., A Shares | 4,946,426 | 3,311,968 |
Alpek S.A.B. de C.V. | 541,195 | 539,853 |
America Movil S.A.B. de C.V. | 38,024,075 | 36,258,048 |
Arca Continental S.A.B. de C.V. | 593,546 | 5,853,737 |
Banco del Bajio S.A. | 949,413 | 3,033,519 |
Becle S.A.B. de C.V. | 741,582 | 2,028,454 |
Cemex S.A.B. de C.V., Series CPO * | 20,270,546 | 16,197,891 |
Coca-Cola Femsa S.A.B. de C.V. | 705,727 | 6,057,384 |
Concentradora Fibra Danhos S.A. de C.V. | 374,881 | 467,717 |
El Puerto de Liverpool S.A.B. de C.V., Series C1 | 297,374 | 1,874,869 |
Fibra Uno Administracion S.A. de C.V. | 3,901,612 | 5,757,930 |
Fomento Economico Mexicano S.A.B. de C.V. | 2,431,119 | 27,561,372 |
GCC S.A.B. de C.V. | 228,753 | 2,224,912 |
Gruma S.A.B. de C.V., B Shares | 257,928 | 4,361,641 |
Grupo Aeroportuario del Centro Norte S.A.B. de C.V. | 375,688 | 4,405,114 |
Grupo Aeroportuario del Pacifico S.A.B. de C.V., B Shares | 514,347 | 9,572,643 |
Grupo Aeroportuario del Sureste S.A.B. de C.V., B Shares | 265,539 | 7,329,250 |
Grupo Bimbo S.A.B. de C.V., Series A | 2,954,263 | 14,722,390 |
Grupo Carso S.A.B. de C.V., Series A1 | 589,382 | 4,759,036 |
Grupo Comercial Chedraui SA de CV | 623,524 | 3,536,269 |
Grupo Elektra S.A.B. de C.V. | 82,784 | 5,770,178 |
Grupo Financiero Banorte S.A.B. de C.V., O Shares | 3,883,411 | 33,320,494 |
Grupo Financiero Inbursa S.A.B. de C.V., O Shares * | 2,661,088 | 5,822,797 |
Grupo Mexico S.A.B. de C.V., Series B | 4,229,772 | 20,407,847 |
Grupo Televisa S.A.B., Series CPO | 3,310,496 | 2,975,793 |
Industrias Penoles S.A.B. de C.V. * | 167,570 | 2,400,890 |
Kimberly-Clark de Mexico S.A.B. de C.V., A Shares | 1,151,485 | 2,624,265 |
Megacable Holdings S.A.B. de C.V., Series CPO | 491,784 | 1,208,734 |
Operadora de Sites Mexicanos S.A. de C.V. | 1,740,758 | 1,646,464 |
Orbia Advance Corp. S.A.B. de C.V. | 1,345,732 | 3,034,178 |
Prologis Property Mexico SA de CV | 704,369 | 2,499,978 |
Promotora y Operadora de Infraestructura S.A.B. de C.V. | 297,360 | 2,892,908 |
Qualitas Controladora S.A.B. de C.V. | 236,575 | 1,889,171 |
Regional SAB de C.V. | 326,913 | 2,431,490 |
Sitios Latinoamerica S.A.B. de C.V. * | 2,321,603 | 987,579 |
Wal-Mart de Mexico S.A.B. de C.V. | 6,971,711 | 27,821,815 |
277,588,578 | ||
Philippines 0.8% | ||
Aboitiz Power Corp. | 2,162,805 | 1,363,690 |
ACEN Corp. | 11,894,042 | 1,052,440 |
Alliance Global Group, Inc. | 5,074,283 | 1,120,250 |
Ayala Corp. | 441,828 | 4,806,889 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Ayala Land, Inc. | 10,002,362 | 4,796,258 |
Bank of the Philippine Islands | 2,352,363 | 4,570,115 |
BDO Unibank, Inc. | 3,141,309 | 7,728,441 |
Bloomberry Resorts Corp. * | 4,543,004 | 887,418 |
Converge Information and Communications Technology Solutions, Inc. * | 3,194,646 | 438,403 |
DMCI Holdings, Inc. | 5,645,349 | 963,159 |
Emperador, Inc. | 4,320,187 | 1,594,700 |
Globe Telecom, Inc. | 48,451 | 1,542,012 |
GT Capital Holdings, Inc. | 130,039 | 1,314,859 |
International Container Terminal Services, Inc. | 1,434,736 | 5,250,394 |
JG Summit Holdings, Inc. | 3,920,688 | 2,530,928 |
Jollibee Foods Corp. | 546,856 | 2,289,030 |
LT Group, Inc. | 4,279,675 | 689,344 |
Manila Electric Co. | 358,419 | 2,175,075 |
Megaworld Corp. | 14,854,507 | 522,085 |
Metro Pacific Investments Corp. | 17,622,501 | 1,571,770 |
Metropolitan Bank & Trust Co. | 2,471,719 | 2,409,730 |
Monde Nissin Corp. | 9,675,458 | 1,230,366 |
PLDT, Inc. | 124,267 | 2,523,968 |
Puregold Price Club, Inc. | 1,316,382 | 648,659 |
San Miguel Corp. | 498,613 | 920,259 |
Semirara Mining & Power Corp. | 1,666,983 | 942,131 |
SM Prime Holdings, Inc. | 14,115,591 | 7,279,676 |
Universal Robina Corp. | 1,193,671 | 2,354,875 |
65,516,924 | ||
Qatar 1.0% | ||
Barwa Real Estate Co. | 2,661,972 | 1,915,303 |
Doha Bank QPSC | 3,168,653 | 1,497,276 |
Ezdan Holding Group QSC * | 2,114,700 | 604,200 |
Industries Qatar QSC | 2,136,444 | 7,254,519 |
Masraf Al Rayan QSC | 8,227,608 | 5,017,937 |
Mesaieed Petrochemical Holding Co. | 5,899,320 | 2,982,074 |
Ooredoo QPSC | 1,135,351 | 3,368,624 |
Qatar Aluminum Manufacturing Co. | 3,299,860 | 1,210,251 |
Qatar Electricity & Water Co. QSC | 668,611 | 3,289,786 |
Qatar Fuel QSC | 810,073 | 3,560,760 |
Qatar Gas Transport Co., Ltd. | 3,733,838 | 3,802,565 |
Qatar International Islamic Bank QSC | 1,601,171 | 4,350,874 |
Qatar Islamic Bank SAQ | 2,408,846 | 12,785,413 |
Qatar National Bank QPSC | 5,958,644 | 25,537,046 |
Qatar Navigation QSC | 752,533 | 1,979,534 |
The Commercial Bank PSQC | 4,594,131 | 7,168,864 |
Vodafone Qatar QSC | 1,975,807 | 1,004,188 |
87,329,214 | ||
Russia 0.0% | ||
Gazprom PJSC *(b)(c) | 127,160 | 0 |
Sberbank of Russia PJSC *(b)(c) | 107,550 | 0 |
0 | ||
Saudi Arabia 4.8% | ||
Abdullah Al Othaim Markets Co. | 593,170 | 2,302,682 |
ACWA Power Co. | 179,670 | 9,245,413 |
Advanced Petrochemical Co. | 175,530 | 1,991,335 |
Al Rajhi Bank | 2,635,769 | 50,738,544 |
Alinma Bank | 1,316,791 | 12,954,978 |
Almarai Co. JSC | 324,940 | 5,492,700 |
Arab National Bank | 885,716 | 6,092,670 |
Arabian Centers Co., Ltd. | 214,388 | 1,280,389 |
Arabian Drilling Co. * | 35,127 | 1,738,251 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Arabian Internet & Communications Services Co. | 33,166 | 3,121,485 |
Bank AlBilad | 667,119 | 7,630,519 |
Bank Al-Jazira * | 543,094 | 2,568,751 |
Banque Saudi Fransi | 785,005 | 8,026,593 |
BinDawood Holding Co. | 412,610 | 680,964 |
Bupa Arabia for Cooperative Insurance Co. | 99,912 | 5,370,338 |
Dallah Healthcare Co. | 50,286 | 1,877,019 |
Dar Al Arkan Real Estate Development Co. * | 723,342 | 3,591,012 |
Dr Sulaiman Al Habib Medical Services Group Co. | 110,858 | 7,182,353 |
Elm Co. | 34,377 | 7,790,770 |
Emaar Economic City * | 504,109 | 1,130,353 |
Etihad Etisalat Co. | 496,206 | 5,973,285 |
Jarir Marketing Co. | 804,060 | 3,164,232 |
Mobile Telecommunications Co. | 586,550 | 2,111,214 |
Mouwasat Medical Services Co. | 130,866 | 3,845,049 |
Nahdi Medical Co. | 52,677 | 2,131,995 |
National Industrialization Co., Class C * | 444,723 | 1,510,610 |
Power & Water Utility Co. for Jubail & Yanbu | 110,724 | 2,098,963 |
Rabigh Refining & Petrochemical Co. * | 597,780 | 1,644,805 |
Riyad Bank | 1,994,110 | 16,189,367 |
SABIC Agri-Nutrients Co. | 317,032 | 11,630,945 |
Sahara International Petrochemical Co. | 475,542 | 4,621,467 |
Saudi Airlines Catering Co. | 54,168 | 1,556,880 |
Saudi Arabian Mining Co. * | 1,616,787 | 17,458,274 |
Saudi Arabian Oil Co. | 4,151,311 | 38,628,172 |
Saudi Aramco Base Oil Co. | 68,315 | 2,666,555 |
Saudi Awwal Bank | 1,270,535 | 12,144,210 |
Saudi Basic Industries Corp. | 1,209,929 | 28,517,117 |
Saudi Cement Co. | 102,892 | 1,484,131 |
Saudi Electricity Co. | 1,039,082 | 5,734,739 |
Saudi Industrial Investment Group | 505,437 | 3,476,804 |
Saudi Kayan Petrochemical Co. * | 997,786 | 3,240,247 |
Saudi Research & Media Group * | 41,574 | 1,964,170 |
Saudi Tadawul Group Holding Co. | 65,257 | 3,444,972 |
Saudi Telecom Co. | 2,400,625 | 25,474,218 |
Saudia Dairy & Foodstuff Co. | 21,350 | 1,821,551 |
Seera Group Holding * | 205,470 | 1,588,693 |
Southern Province Cement Co. | 106,557 | 1,328,180 |
The Co. for Cooperative Insurance | 100,384 | 3,104,674 |
The Qassim Cement Co. | 58,872 | 1,048,525 |
The Saudi Investment Bank | 666,492 | 2,949,827 |
The Saudi National Bank | 3,932,393 | 37,482,316 |
The Savola Group | 344,593 | 3,482,083 |
United Electronics Co. | 55,969 | 1,135,601 |
Yamama Cement Co. | 133,135 | 1,171,385 |
Yanbu Cement Co. | 101,833 | 988,288 |
Yanbu National Petrochemical Co. | 375,665 | 4,236,767 |
401,857,430 | ||
South Africa 3.5% | ||
Absa Group Ltd. | 1,109,953 | 10,685,679 |
African Rainbow Minerals Ltd. | 145,738 | 1,377,719 |
Anglo American Platinum Ltd. (a) | 76,675 | 2,676,964 |
AngloGold Ashanti Ltd. | 560,336 | 9,551,014 |
Aspen Pharmacare Holdings Ltd. | 499,580 | 4,543,315 |
AVI Ltd. | 458,443 | 1,756,295 |
Bid Corp., Ltd. | 444,065 | 9,963,144 |
Capitec Bank Holdings Ltd. | 115,009 | 9,625,284 |
Clicks Group Ltd. | 342,904 | 4,952,957 |
Dis-Chem Pharmacies Ltd. | 523,384 | 660,622 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Discovery Ltd. * | 698,256 | 5,410,885 |
Exxaro Resources Ltd. | 331,669 | 2,939,742 |
FirstRand Ltd. | 6,723,204 | 26,061,958 |
Gold Fields Ltd. (a) | 1,177,115 | 15,098,279 |
Growthpoint Properties Ltd. | 4,457,095 | 2,779,947 |
Harmony Gold Mining Co., Ltd. | 723,260 | 3,010,305 |
Impala Platinum Holdings Ltd. | 1,103,304 | 5,678,796 |
Investec Ltd. | 372,277 | 2,179,202 |
Kumba Iron Ore Ltd. | 72,322 | 1,586,539 |
Life Healthcare Group Holdings Ltd. | 1,846,679 | 2,093,911 |
Momentum Metropolitan Holdings | 1,682,810 | 1,789,013 |
Mr Price Group Ltd. | 353,766 | 2,471,411 |
MTN Group Ltd. | 2,413,758 | 15,337,912 |
MultiChoice Group | 406,791 | 1,681,732 |
Naspers Ltd., N Shares | 251,962 | 42,807,459 |
Nedbank Group Ltd. (a) | 636,045 | 7,249,267 |
NEPI Rockcastle N.V. | 838,826 | 5,020,995 |
Netcare Ltd. | 1,946,425 | 1,361,007 |
Northam Platinum Holdings Ltd. * | 477,366 | 3,138,741 |
Old Mutual Ltd. | 5,797,967 | 3,885,725 |
OUTsurance Group Ltd. | 1,135,426 | 2,398,576 |
Pepkor Holdings Ltd. | 2,822,373 | 2,429,611 |
Pick n Pay Stores Ltd. | 462,624 | 851,463 |
Redefine Properties Ltd. | 8,723,818 | 1,649,394 |
Reinet Investments SCA | 194,427 | 4,152,225 |
Remgro Ltd. | 657,659 | 5,489,464 |
Sanlam Ltd. | 2,306,720 | 8,302,243 |
Santam Ltd. | 57,796 | 911,458 |
Sappi Ltd. | 784,218 | 1,661,209 |
Sasol Ltd. | 773,460 | 9,977,573 |
Shoprite Holdings Ltd. | 635,555 | 8,855,478 |
Sibanye Stillwater Ltd. | 3,753,014 | 5,696,415 |
Standard Bank Group Ltd. | 1,794,513 | 18,310,951 |
The Bidvest Group Ltd. | 456,978 | 6,876,994 |
The Foschini Group Ltd. | 436,511 | 2,408,130 |
Tiger Brands Ltd. | 203,339 | 1,754,826 |
Transaction Capital Ltd. | 798,492 | 271,997 |
Vodacom Group Ltd. | 828,403 | 4,718,856 |
Woolworths Holdings Ltd. | 1,215,359 | 4,761,306 |
298,853,988 | ||
Switzerland 0.0% | ||
Huaxia Eye Hospital Group Co., Ltd., A Shares | 41,850 | 248,622 |
Taiwan 16.3% | ||
Accton Technology Corp. | 714,000 | 10,716,782 |
Acer, Inc. | 3,865,086 | 4,442,000 |
Advanced Energy Solution Holding Co., Ltd. | 40,000 | 786,272 |
Advantech Co., Ltd. | 629,911 | 6,804,182 |
Airtac International Group | 208,920 | 6,035,401 |
ASE Technology Holding Co., Ltd. | 4,619,120 | 17,115,104 |
Asia Cement Corp. | 3,294,061 | 4,127,079 |
ASMedia Technology, Inc. | 52,445 | 1,618,810 |
ASPEED Technology, Inc. | 40,800 | 3,459,093 |
Asustek Computer, Inc. | 958,621 | 12,115,773 |
AUO Corp. * | 9,395,224 | 5,251,283 |
Capital Securities Corp. | 2,783,644 | 1,293,641 |
Catcher Technology Co., Ltd. | 928,224 | 5,261,000 |
Cathay Financial Holding Co., Ltd. | 12,281,905 | 17,586,073 |
Chailease Holding Co., Ltd. | 1,899,879 | 10,589,186 |
Chang Hwa Commercial Bank Ltd. | 9,552,022 | 5,188,953 |
Cheng Shin Rubber Industry Co., Ltd. | 2,468,277 | 3,073,091 |
Chicony Electronics Co., Ltd. | 860,984 | 2,798,168 |
China Airlines Ltd. | 3,929,872 | 2,788,850 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
China Development Financial Holding Corp. * | 21,098,308 | 7,850,626 |
China Motor Corp. | 360,600 | 1,016,811 |
China Steel Corp. | 16,364,956 | 13,617,551 |
Chunghwa Telecom Co., Ltd. | 5,105,310 | 18,595,951 |
Compal Electronics, Inc. | 5,543,535 | 5,552,848 |
CTBC Financial Holding Co., Ltd. | 24,499,792 | 18,348,014 |
Delta Electronics, Inc. | 2,906,148 | 31,574,183 |
E Ink Holdings, Inc. | 1,207,000 | 6,916,851 |
E.Sun Financial Holding Co., Ltd. | 20,278,674 | 15,568,856 |
Eclat Textile Co., Ltd. | 263,510 | 4,211,659 |
eMemory Technology, Inc. | 94,000 | 5,357,261 |
ENNOSTAR, Inc. * | 998,914 | 1,425,608 |
Eternal Materials Co., Ltd. | 1,308,352 | 1,193,463 |
Eva Airways Corp. | 3,381,374 | 3,344,584 |
Evergreen Marine Corp., Ltd. | 1,352,088 | 4,521,607 |
Far Eastern International Bank | 3,055,873 | 1,108,295 |
Far Eastern New Century Corp. | 5,223,799 | 4,617,460 |
Far EasTone Telecommunications Co., Ltd. | 2,149,509 | 4,765,212 |
Feng TAY Enterprise Co., Ltd. | 663,694 | 3,501,188 |
First Financial Holding Co., Ltd. | 14,680,454 | 12,123,654 |
Formosa Chemicals & Fibre Corp. | 4,528,008 | 8,815,301 |
Formosa Petrochemical Corp. | 1,836,660 | 4,573,411 |
Formosa Plastics Corp. | 4,993,560 | 12,465,672 |
Formosa Sumco Technology Corp. | 81,000 | 366,257 |
Formosa Taffeta Co., Ltd. | 1,394,132 | 1,116,304 |
Foxconn Technology Co., Ltd. | 1,544,355 | 2,701,100 |
Fubon Financial Holding Co., Ltd. | 9,906,393 | 19,783,857 |
Genius Electronic Optical Co., Ltd. | 123,000 | 1,479,252 |
Giant Manufacturing Co., Ltd. | 420,096 | 2,585,490 |
Globalwafers Co., Ltd. | 293,451 | 4,229,476 |
Hiwin Technologies Corp. | 379,445 | 2,442,536 |
Hon Hai Precision Industry Co., Ltd. | 16,012,092 | 53,547,102 |
Hotai Motor Co., Ltd. | 438,600 | 9,351,401 |
HTC Corp. * | 989,778 | 1,641,005 |
Hua Nan Financial Holdings Co., Ltd., Class C | 13,728,415 | 8,837,157 |
Innolux Corp. * | 10,406,661 | 4,721,908 |
Inventec Corp. | 4,084,043 | 7,232,821 |
Largan Precision Co., Ltd. | 137,456 | 8,848,219 |
Lite-On Technology Corp., ADR | 2,895,866 | 12,457,684 |
MediaTek, Inc. | 2,000,713 | 44,290,665 |
Mega Financial Holding Co., Ltd. | 15,080,004 | 16,999,424 |
Micro-Star International Co., Ltd. | 928,095 | 4,648,271 |
momo.com, Inc. | 89,188 | 1,456,291 |
Nan Ya Plastics Corp. | 7,554,816 | 15,680,635 |
Nan Ya Printed Circuit Board Corp. | 292,000 | 2,214,309 |
Nanya Technology Corp. | 1,085,000 | 2,269,041 |
Nien Made Enterprise Co., Ltd. | 202,752 | 1,903,595 |
Novatek Microelectronics Corp. | 767,608 | 9,629,297 |
Oneness Biotech Co., Ltd. | 466,478 | 2,907,569 |
Parade Technologies Ltd. | 93,100 | 2,625,212 |
Pegatron Corp. | 2,777,657 | 6,803,173 |
Pou Chen Corp. | 3,472,792 | 3,118,768 |
Powerchip Semiconductor Manufacturing Corp. | 4,050,000 | 3,541,755 |
Powertech Technology, Inc. | 950,000 | 2,974,110 |
President Chain Store Corp. | 758,400 | 6,370,308 |
Quanta Computer, Inc. | 3,560,057 | 28,338,262 |
Realtek Semiconductor Corp. | 633,336 | 8,312,827 |
Ruentex Development Co., Ltd. | 3,241,500 | 3,750,782 |
Shin Kong Financial Holding Co., Ltd. * | 18,037,672 | 5,363,753 |
Silergy Corp. | 437,000 | 3,938,235 |
Sino-American Silicon Products, Inc. | 707,000 | 3,474,338 |
SinoPac Financial Holdings Co., Ltd. | 15,449,325 | 8,295,526 |
Synnex Technology International Corp. | 1,855,956 | 3,560,797 |
Taishin Financial Holding Co., Ltd. | 15,962,726 | 8,922,064 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Taiwan Business Bank | 7,419,954 | 3,110,432 |
Taiwan Cement Corp. | 8,408,872 | 9,228,332 |
Taiwan Cooperative Financial Holding Co., Ltd. | 14,261,408 | 11,755,199 |
Taiwan Fertilizer Co., Ltd. | 977,508 | 1,829,384 |
Taiwan Glass Industry Corp. * | 2,292,311 | 1,418,006 |
Taiwan High Speed Rail Corp. | 2,848,000 | 2,660,512 |
Taiwan Mobile Co., Ltd. | 2,337,524 | 6,840,853 |
Taiwan Secom Co., Ltd. | 387,000 | 1,282,040 |
Taiwan Semiconductor Manufacturing Co., Ltd. | 32,311,500 | 557,016,108 |
Teco Electric & Machinery Co., Ltd. | 2,646,000 | 4,145,994 |
The Shanghai Commercial & Savings Bank Ltd. | 5,127,151 | 6,858,419 |
Transcend Information, Inc. | 454,000 | 1,032,126 |
U-Ming Marine Transport Corp. | 572,000 | 816,335 |
Unimicron Technology Corp. | 1,765,348 | 10,282,827 |
Uni-President Enterprises Corp. | 6,402,676 | 14,214,095 |
United Microelectronics Corp. | 15,603,850 | 22,293,664 |
Vanguard International Semiconductor Corp. | 1,198,000 | 2,569,306 |
Voltronic Power Technology Corp. | 89,000 | 4,052,251 |
Walsin Lihwa Corp. | 3,389,814 | 4,044,807 |
Walsin Technology Corp. | 660,000 | 2,043,427 |
Wan Hai Lines Ltd. | 1,280,910 | 1,822,028 |
Win Semiconductors Corp. | 557,000 | 2,378,660 |
Winbond Electronics Corp. * | 3,987,000 | 3,298,870 |
Wistron Corp. | 3,844,080 | 14,122,662 |
Wiwynn Corp. | 117,000 | 5,731,242 |
Yageo Corp. | 535,167 | 8,150,220 |
Yang Ming Marine Transport Corp. | 2,419,000 | 3,209,230 |
Yuanta Financial Holding Co., Ltd. | 16,231,473 | 12,436,153 |
Yulon Motor Co., Ltd. | 816,408 | 2,138,019 |
Yulon Nissan Motor Co., Ltd. | 29,000 | 169,375 |
Zhen Ding Technology Holding Ltd. | 827,000 | 2,511,136 |
1,378,309,095 | ||
Thailand 2.5% | ||
Advanced Info Service PCL NVDR | 1,484,800 | 9,158,758 |
Airports of Thailand PCL NVDR * | 5,891,100 | 12,196,894 |
Asset World Corp. PCL NVDR | 9,738,600 | 1,212,545 |
B Grimm Power PCL NVDR | 982,200 | 953,660 |
Bangkok Bank PCL NVDR | 885,600 | 4,286,691 |
Bangkok Dusit Medical Services PCL NVDR | 14,438,200 | 11,544,788 |
Bangkok Expressway & Metro PCL NVDR | 10,746,290 | 2,654,541 |
Bangkok Life Assurance PCL NVDR | 734,300 | 513,753 |
Banpu PCL NVDR | 10,868,933 | 2,669,317 |
Berli Jucker PCL NVDR | 1,416,750 | 1,365,469 |
BTS Group Holdings PCL NVDR | 10,551,200 | 2,214,645 |
Bumrungrad Hospital PCL NVDR | 769,300 | 5,689,975 |
Carabao Group PCL NVDR | 453,200 | 1,113,021 |
Central Pattana PCL NVDR | 3,655,200 | 7,176,269 |
Central Retail Corp. PCL NVDR | 3,593,200 | 4,232,726 |
Charoen Pokphand Foods PCL NVDR | 6,260,000 | 3,700,493 |
CP ALL PCL NVDR | 8,019,300 | 14,942,795 |
CP Axtra PCL NVDR | 2,140,703 | 2,216,049 |
Delta Electronics Thailand PCL NVDR | 3,758,010 | 11,644,009 |
Digital Telecommunications Infrastructure Fund, Class F | 7,565,800 | 2,074,154 |
Electricity Generating PCL NVDR | 349,700 | 1,333,189 |
Energy Absolute PCL NVDR | 2,257,151 | 4,076,956 |
Global Power Synergy PCL NVDR | 935,568 | 1,409,330 |
Gulf Energy Development PCL NVDR | 4,061,959 | 5,567,903 |
Home Product Center PCL NVDR | 7,674,919 | 3,002,681 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Indorama Ventures PCL NVDR | 2,435,400 | 2,016,894 |
Intouch Holdings PCL NVDR | 1,109,009 | 2,304,002 |
IRPC PCL NVDR | 15,685,300 | 1,048,150 |
Kasikornbank PCL NVDR | 2,199,069 | 8,195,288 |
Krung Thai Bank PCL NVDR | 8,188,600 | 4,513,171 |
Krungthai Card PCL NVDR | 1,748,100 | 2,421,157 |
Land & Houses PCL NVDR | 11,142,500 | 2,641,044 |
Minor International PCL NVDR | 4,962,780 | 4,712,285 |
Muangthai Capital PCL NVDR | 946,715 | 1,101,696 |
Osotspa PCL NVDR | 1,844,463 | 1,580,178 |
PTT Exploration & Production PCL NVDR | 1,851,304 | 8,379,573 |
PTT Global Chemical PCL NVDR | 2,681,914 | 2,852,896 |
PTT Oil & Retail Business PCL NVDR | 3,676,500 | 2,141,803 |
PTT PCL NVDR | 19,106,900 | 18,960,942 |
Ratch Group PCL NVDR | 1,588,450 | 1,610,337 |
SCB X PCL NVDR | 2,310,300 | 7,785,119 |
SCG Packaging PCL NVDR | 1,854,600 | 2,171,446 |
Siam City Cement PCL NVDR | 106,100 | 419,643 |
Sri Trang Gloves Thailand PCL NVDR | 1,166,200 | 241,449 |
Srisawad Corp. PCL NVDR | 824,700 | 1,201,105 |
Thai Life Insurance PCL NVDR | 3,413,900 | 1,150,397 |
Thai Oil PCL NVDR | 1,609,726 | 2,367,413 |
Thai Union Group PCL NVDR | 3,728,800 | 1,522,720 |
The Siam Cement PCL NVDR | 999,500 | 8,933,919 |
TMBThanachart Bank PCL NVDR | 58,593,718 | 2,861,291 |
True Corp. PCL NVDR | 14,194,770 | 2,796,999 |
212,881,528 | ||
Turkey 1.3% | ||
AG Anadolu Grubu Holding A/S | 179,371 | 1,394,189 |
Ahlatci Dogal Gaz Dagitim Enerji VE Yatirim A/S * | 1,233,881 | 648,009 |
Akbank T.A.S. | 4,155,343 | 4,486,188 |
Akcansa Cimento A/S | 78,766 | 409,822 |
Aksa Akrilik Kimya Sanayii A/S | 158,373 | 476,767 |
Aksa Enerji Uretim A/S | 284,811 | 426,935 |
Alarko Holding A/S | 179,838 | 866,891 |
Alfa Solar Enerji Sanayi VE Ticaret A/S | 137,592 | 745,832 |
Anadolu Efes Biracilik Ve Malt Sanayii A/S | 271,231 | 1,097,844 |
Anadolu Isuzu Otomotiv Sanayi Ve Ticaret A/S, Class C | 20,487 | 182,832 |
Arcelik A/S | 145,215 | 886,841 |
Aselsan Elektronik Sanayi Ve Ticaret A/S | 1,595,286 | 2,305,179 |
Astor Transformator Enerji Turizm Insaat Ve Petrol Sanayi Ticaret A/S | 302,882 | 1,636,122 |
Aygaz A/S | 73,206 | 331,737 |
Bera Holding A/S | 966,125 | 488,906 |
BIM Birlesik Magazalar A/S | 598,659 | 5,663,754 |
Borusan Mannesmann Boru Sanayi ve Ticaret A/S * | 55,770 | 1,589,989 |
Borusan Yatirim ve Pazarlama A/S | 6,741 | 505,015 |
Can2 Termik A/S * | 255,196 | 178,826 |
Cimsa Cimento Sanayi VE Ticaret A/S | 73,767 | 592,459 |
Coca-Cola Icecek A/S | 92,803 | 1,368,500 |
Dogan Sirketler Grubu Holding A/S | 1,369,810 | 727,618 |
Dogus Otomotiv Servis ve Ticaret A/S | 82,407 | 882,262 |
EGE Endustri VE Ticaret A/S | 1,579 | 425,877 |
EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret A/S | 229,438 | 432,065 |
Emlak Konut Gayrimenkul Yatirim Ortakligi AS | 2,515,414 | 810,555 |
Enerjisa Enerji A/S | 284,249 | 546,478 |
Enka Insaat ve Sanayi A/S | 2,464,665 | 3,032,575 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Eregli Demir ve Celik Fabrikalari T.A.S. * | 2,279,900 | 3,679,306 |
Europen Endustri Insaat Sanayi VE Ticaret A/S * | 326,311 | 257,058 |
Ford Otomotiv Sanayi A/S | 84,201 | 2,724,939 |
GEN Ilac VE Saglik Urunleri Sanayi VE Ticaret A/S | 144,006 | 351,135 |
Girisim Elektrik Taahhut Ticaret Ve Sanayi A/S * | 166,680 | 580,245 |
Gubre Fabrikalari TAS * | 111,083 | 1,488,466 |
Haci Omer Sabanci Holding A/S | 1,392,262 | 3,123,215 |
Hektas Ticaret TAS * | 1,583,670 | 1,524,408 |
Investco Holding A/S * | 55,027 | 648,164 |
Is Gayrimenkul Yatirim Ortakligi A/S * | 605,590 | 432,766 |
Is Yatirim Menkul Degerler A/S, Class A | 705,724 | 1,125,662 |
Iskenderun Demir ve Celik A/S * | 181,040 | 273,690 |
Kardemir Karabuk Demir Celik Sanayi ve Ticaret A/S, Class D | 1,380,068 | 1,294,256 |
Karsan Otomotiv Sanayii Ve Ticaret A/S * | 498,748 | 218,900 |
Kiler Holding A/S * | 432,355 | 362,005 |
Kimteks Poliuretan Sanayi VE Ticaret A/S | 80,117 | 263,274 |
KOC Holding A/S | 1,122,430 | 5,970,563 |
Kontrolmatik Enerji Ve Muhendislik A/S | 116,614 | 1,202,993 |
Konya Cimento Sanayii A/S * | 1,163 | 256,006 |
Kordsa Teknik Tekstil A/S | 71,945 | 220,902 |
Koza Altin Isletmeleri A/S | 1,315,418 | 1,404,360 |
Koza Anadolu Metal Madencilik Isletmeleri A/S * | 256,443 | 630,584 |
Margun Enerji Uretim Sanayi VE Ticaret A/S | 160,454 | 312,390 |
Mavi Giyim Sanayi Ve Ticaret A/S, Class B | 167,121 | 675,191 |
Migros Ticaret A/S | 127,314 | 1,656,762 |
MLP Saglik Hizmetleri A/S * | 117,200 | 558,356 |
Nuh Cimento Sanayi A/S | 76,624 | 546,133 |
ODAS Elektrik Uretim ve Sanayi Ticaret A/S * | 1,652,553 | 815,814 |
Otokar Otomotiv Ve Savunma Sanayi A.S. * | 49,220 | 662,851 |
Oyak Cimento Fabrikalari A/S * | 402,764 | 957,899 |
Oyak Yatirim Menkul Degerler A/S * | 155,877 | 376,572 |
Pegasus Hava Tasimaciligi A/S * | 56,481 | 1,853,705 |
Penta Teknoloji Urunleri Dagitim Ticaret A/S * | 279,351 | 241,861 |
Petkim Petrokimya Holding A/S * | 1,736,792 | 1,331,706 |
Qua Granite Hayal * | 1,066,434 | 278,034 |
Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret A/S | 496,965 | 702,452 |
Sasa Polyester Sanayi * | 1,056,713 | 2,091,025 |
Selcuk Ecza Deposu Ticaret Ve Sanayi A/S | 203,017 | 450,090 |
Smart Gunes Enerjisi Teknolojileri ArGE Uretim Sanayi ve Ticaret A/S * | 211,136 | 600,359 |
Sok Marketler Ticaret A/S | 354,639 | 826,813 |
TAV Havalimanlari Holding AS * | 226,189 | 1,041,108 |
Tekfen Holding AS | 239,164 | 427,951 |
Tofas Turk Otomobil Fabrikasi A/S | 169,574 | 1,716,888 |
Tukas Gida Sanayi ve Ticaret A/S * | 508,657 | 208,939 |
Turk Hava Yollari AO * | 754,440 | 6,933,788 |
Turk Telekomunikasyon A/S * | 698,418 | 672,806 |
Turk Traktor ve Ziraat Makineleri A/S | 35,124 | 1,199,280 |
Turkcell Iletisim Hizmetleri A/S * | 1,629,850 | 3,411,627 |
Turkiye Garanti Bankasi A/S | 782,035 | 1,472,684 |
Turkiye Halk Bankasi A/S * | 849,417 | 425,066 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Turkiye Is Bankasi A/S, Class C | 4,278,989 | 3,380,487 |
Turkiye Petrol Rafinerileri A/S | 1,203,335 | 6,369,324 |
Turkiye Sinai Kalkinma Bankasi A/S * | 1,708,862 | 455,781 |
Turkiye Sise ve Cam Fabrikalari A/S | 1,895,316 | 3,643,806 |
Turkiye Vakiflar Bankasi T.A.O., Class D * | 996,537 | 507,660 |
Ulker Biskuvi Sanayi A/S * | 235,806 | 539,591 |
Vestel Beyaz Esya Sanayi ve Ticaret A/S | 512,043 | 348,244 |
Vestel Elektronik Sanayi ve Ticaret A/S * | 191,832 | 495,096 |
Yapi ve Kredi Bankasi A/S | 4,047,293 | 2,414,024 |
Ziraat Gayrimenkul Yatirim Ortakligi A/S * | 1,237,927 | 254,017 |
Zorlu Enerji Elektrik Uretim A/S * | 1,206,803 | 219,562 |
112,248,706 | ||
United Arab Emirates 1.8% | ||
Abu Dhabi Commercial Bank PJSC | 3,967,903 | 9,322,771 |
Abu Dhabi Islamic Bank PJSC | 1,973,679 | 5,599,089 |
Abu Dhabi National Oil Co. for Distribution PJSC | 3,796,940 | 3,938,509 |
Abu Dhabi Ports Co. PJSC * | 1,176,599 | 2,050,131 |
ADNOC Drilling Co. PJSC | 2,093,094 | 2,336,392 |
Air Arabia PJSC | 3,183,355 | 2,556,703 |
AL Seer Marine Supplies & Equipment Co. LLC * | 343,111 | 747,305 |
Aldar Properties PJSC | 4,925,782 | 7,053,978 |
Alpha Dhabi Holding PJSC * | 1,854,699 | 10,149,453 |
Americana Restaurants International plc | 3,926,133 | 4,713,861 |
Apex Investment Co. PSC * | 709,881 | 446,448 |
Aramex PJSC | 1,031,651 | 713,411 |
Borouge plc | 3,062,545 | 2,276,241 |
Dana Gas PJSC | 4,798,059 | 1,207,010 |
Dubai Electricity & Water Authority PJSC | 11,658,258 | 8,093,698 |
Dubai Financial Market PJSC | 2,223,271 | 974,522 |
Dubai Investments PJSC | 2,786,797 | 1,881,612 |
Dubai Islamic Bank PJSC | 4,041,639 | 6,205,972 |
Emaar Development PJSC | 1,156,910 | 2,063,070 |
Emaar Properties PJSC | 8,931,576 | 17,167,457 |
Emirates Central Cooling Systems Corp. | 2,821,791 | 1,421,248 |
Emirates Telecommunications Group Co. PJSC | 4,658,516 | 25,163,000 |
Fertiglobe plc | 1,561,216 | 1,436,656 |
First Abu Dhabi Bank PJSC | 5,963,319 | 22,209,936 |
Ghitha Holding PJSC * | 55,878 | 649,594 |
Multiply Group * | 6,301,942 | 6,536,910 |
National Marine Dredging Co. * | 277,086 | 1,636,995 |
Q Holding PJSC * | 2,791,062 | 2,819,139 |
Salik Co. PJSC | 2,502,421 | 2,282,329 |
153,653,440 | ||
Total Common Stocks (Cost $7,138,524,653) | 8,272,036,584 | |
PREFERRED STOCKS 1.9% OF NET ASSETS | ||
Brazil 1.7% | ||
Alpargatas S.A. * | 308,128 | 523,406 |
Banco Bradesco S.A. | 6,995,947 | 21,125,119 |
Bradespar S.A. | 417,107 | 1,895,577 |
Braskem S.A., A Shares * | 258,751 | 1,162,327 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Centrais Eletricas Brasileiras S.A., B Shares | 370,380 | 2,898,135 |
Cia Energetica de Minas Gerais | 1,821,449 | 4,536,193 |
Cia Paranaense de Energia, B Shares | 1,598,217 | 2,795,536 |
CTEEP-Cia de Transmissao de Energia Eletrica Paulista | 327,604 | 1,648,955 |
Gerdau S.A. | 1,436,676 | 7,501,202 |
Itau Unibanco Holding S.A. | 6,497,934 | 36,000,834 |
Itausa S.A. | 7,054,470 | 13,165,817 |
Metalurgica Gerdau S.A. | 861,971 | 2,057,887 |
Petroleo Brasileiro S.A. | 7,471,986 | 48,203,927 |
Unipar Carbocloro S.A., B Shares | 65,255 | 1,018,837 |
Usinas Siderurgicas de Minas Gerais S.A. Usiminas, A Shares | 519,653 | 722,127 |
145,255,879 | ||
Chile 0.2% | ||
Embotelladora Andina S.A., B Shares | 503,016 | 1,262,457 |
Sociedad Quimica y Minera de Chile S.A., B Shares | 181,469 | 11,184,922 |
12,447,379 | ||
Colombia 0.0% | ||
Grupo Aval Acciones y Valores S.A. | 5,978,256 | 744,454 |
Grupo de Inversiones Suramericana S.A. | 123,387 | 376,593 |
1,121,047 | ||
Total Preferred Stocks (Cost $152,110,897) | 158,824,305 | |
RIGHTS 0.0% OF NET ASSETS | ||
Brazil 0.0% | ||
Itausa S.A. | ||
expires 09/22/23, strike BRL 6.50 * | 98,429 | 55,070 |
Total Rights (Cost $0) | 55,070 |
SHORT-TERM INVESTMENTS 1.1% OF NET ASSETS | ||
Money Market Funds 1.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (d) | 58,105,210 | 58,105,210 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (d)(e) | 38,275,854 | 38,275,854 |
96,381,064 | ||
Total Short-Term Investments (Cost $96,381,064) | 96,381,064 | |
Total Investments in Securities (Cost $7,387,016,614) | 8,527,297,023 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED DEPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
MSCI Emerging Markets Index, expires 09/15/23 | 653 | 31,974,145 | (577,303 ) |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $33,692,009. |
(b) | Fair valued using significant unobservable inputs (see financial note 2(a), Securities for which no quoted value is available, for additional information). |
(c) | Trading in Russian securities listed on the Moscow Exchange, Russian ADRs, and Russian GDRs are subject to trade restrictions; and therefore, the ability of the fund to buy these securities is currently not permitted, and the ability of the fund to sell these securities is uncertain. |
(d) | The rate shown is the annualized 7-day yield. |
(e) | Security purchased with cash collateral received for securities on loan. |
ADR — | American Depositary Receipt |
DVR — | Differential Voting Rights |
GDR — | Global Depositary Receipt |
NVDR — | Non-Voting Depositary Receipt |
REIT — | Real Estate Investment Trust |
BRL — | Brazilian Real |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Common Stocks1 | $5,463,848,187 | $— | $— | $5,463,848,187 |
China | 2,755,602,196 | — | 575,216 | 2,756,177,412 |
Greece | 52,010,985 | — | 0 * | 52,010,985 |
Hong Kong | — | — | 0 * | 0 |
Russia | — | — | 0 * | 0 |
Preferred Stocks1 | 158,824,305 | — | — | 158,824,305 |
Rights1 | 55,070 | — | — | 55,070 |
Short-Term Investments1 | 96,381,064 | — | — | 96,381,064 |
Liabilities | ||||
Futures Contracts2 | (577,303 ) | — | — | (577,303 ) |
Total | $8,526,144,504 | $— | $575,216 | $8,526,719,720 |
* | Level 3 amount shown includes securities determined to have no value at August 31, 2023. |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - unaffiliated (cost $7,387,016,614) including securities on loan of $33,692,009 | $8,527,297,023 | |
Cash | 37,637 | |
Foreign currency, at value (cost $17,892,553) | 17,812,136 | |
Deposit with broker for futures contracts | 2,387,544 | |
Receivables: | ||
Dividends | 16,194,297 | |
Investments sold | 1,575,571 | |
Income from securities on loan | 57,521 | |
Foreign tax reclaims | + | 1,191 |
Total assets | 8,565,362,920 | |
Liabilities | ||
Collateral held for securities on loan | 38,275,854 | |
Payables: | ||
Foreign capital gains tax | 62,841,025 | |
Management fees | 803,256 | |
Variation margin on futures contracts | + | 427,741 |
Total liabilities | 102,347,876 | |
Net assets | $8,463,015,044 | |
Net Assets by Source | ||
Capital received from investors | $8,979,902,963 | |
Total distributable loss | + | (516,887,919 ) |
Net assets | $8,463,015,044 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$8,463,015,044 | 343,700,000 | $24.62 | ||
For the period September 1, 2022 through August 31, 2023 | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $31,801,120) | $269,114,533 | |
Securities on loan, net | + | 864,165 |
Total investment income | 269,978,698 | |
Expenses | ||
Management fees | 9,281,255 | |
Proxy fees1 | + | 47,656 |
Total expenses | – | 9,328,911 |
Net investment income | 260,649,787 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated (net of foreign capital gains tax paid of $5,556,668) | (410,931,864 ) | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 14,609,175 | |
Net realized losses on futures contracts | (908,484 ) | |
Net realized losses on foreign currency transactions | + | (1,221,559 ) |
Net realized losses | (398,452,732 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated (net of change in foreign capital gains tax of ($6,789,011)) | 198,025,465 | |
Net change in unrealized appreciation (depreciation) on futures contracts | 432,354 | |
Net change in unrealized appreciation (depreciation) on foreign currency translations | + | 238,437 |
Net change in unrealized appreciation (depreciation) | + | 198,696,256 |
Net realized and unrealized losses | (199,756,476 ) | |
Increase in net assets resulting from operations | $60,893,311 |
1 | Proxy fees are non-routine expenses (see financial note 2(e) for additional information). |
OPERATIONS | |||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||
Net investment income | $260,649,787 | $299,864,744 | |
Net realized losses | (398,452,732 ) | (472,482,794 ) | |
Net change in unrealized appreciation (depreciation) | + | 198,696,256 | (1,641,851,360 ) |
Increase (decrease) in net assets resulting from operations | $60,893,311 | ($1,814,469,410 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($256,923,230 ) | ($221,827,290 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 12,300,000 | $295,692,868 | 38,900,000 | $1,088,558,847 | |
Shares redeemed | + | (7,900,000 ) | (194,051,552 ) | — | — |
Net transactions in fund shares | 4,400,000 | $101,641,316 | 38,900,000 | $1,088,558,847 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 339,300,000 | $8,557,403,647 | 300,400,000 | $9,505,141,500 | |
Total increase (decrease) | + | 4,400,000 | (94,388,603 ) | 38,900,000 | (947,737,853 ) |
End of period | 343,700,000 | $8,463,015,044 | 339,300,000 | $8,557,403,647 |
SCHWAB STRATEGIC TRUST (ORGANIZED JANUARY 27, 2009) | |
Schwab International Dividend Equity ETF | Schwab Intermediate-Term U.S. Treasury ETF |
Schwab International Equity ETF | Schwab Long-Term U.S. Treasury ETF |
Schwab International Small-Cap Equity ETF | Schwab U.S. Aggregate Bond ETF |
Schwab Emerging Markets Equity ETF | Schwab 1-5 Year Corporate Bond ETF |
Schwab U.S. Broad Market ETF | Schwab 5-10 Year Corporate Bond ETF |
Schwab 1000 Index® ETF | Schwab Fundamental U.S. Broad Market Index ETF |
Schwab U.S. Large-Cap ETF | Schwab Fundamental U.S. Large Company Index ETF |
Schwab U.S. Large-Cap Growth ETF | Schwab Fundamental U.S. Small Company Index ETF |
Schwab U.S. Large-Cap Value ETF | Schwab Fundamental International Large Company Index ETF |
Schwab U.S. Mid-Cap ETF | Schwab Fundamental International Small Company Index ETF |
Schwab U.S. Small-Cap ETF | Schwab Fundamental Emerging Markets Large Company Index ETF |
Schwab U.S. Dividend Equity ETF | Schwab Ariel ESG ETF |
Schwab U.S. REIT ETF | Schwab Crypto Thematic ETF |
Schwab U.S. TIPS ETF | Schwab Municipal Bond ETF |
Schwab Short-Term U.S. Treasury ETF | Schwab High Yield Bond ETF |
2. Significant Accounting Policies:
3. Risk Factors:
SCHWAB INTERNATIONAL DIVIDEND EQUITY ETF | SCHWAB INTERNATIONAL EQUITY ETF | SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF | SCHWAB EMERGING MARKETS EQUITY ETF |
0.14 % | 0.06 % | 0.11 % | 0.11 % |
UNDERLYING FUNDS | ||||
SCHWAB INTERNATIONAL DIVIDEND EQUITY ETF | SCHWAB INTERNATIONAL EQUITY ETF | SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF | SCHWAB EMERGING MARKETS EQUITY ETF | |
Schwab International Opportunities Fund | — % | — % | — % | 0.4 % |
Schwab Monthly Income Fund - Flexible Payout | 1.7 % | — % | — % | — % |
Schwab Monthly Income Fund - Income Payout | 0.9 % | — % | — % | — % |
Schwab Monthly Income Fund - Target Payout | 1.0 % | — % | — % | — % |
Schwab Target 2010 Index Fund | — % | 0.0 %* | — % | — % |
Schwab Target 2015 Index Fund | — % | 0.0 %* | — % | — % |
Schwab Target 2020 Index Fund | — % | 0.1 % | — % | — % |
Schwab Target 2025 Index Fund | — % | 0.2 % | — % | 0.1 % |
Schwab Target 2030 Index Fund | — % | 0.4 % | — % | 0.2 % |
Schwab Target 2035 Index Fund | — % | 0.3 % | — % | 0.2 % |
Schwab Target 2040 Index Fund | — % | 0.5 % | — % | 0.4 % |
Schwab Target 2045 Index Fund | — % | 0.3 % | — % | 0.3 % |
Schwab Target 2050 Index Fund | — % | 0.4 % | — % | 0.4 % |
Schwab Target 2055 Index Fund | — % | 0.3 % | — % | 0.3 % |
Schwab Target 2060 Index Fund | — % | 0.4 % | — % | 0.4 % |
Schwab Target 2065 Index Fund | — % | — % | — % | 0.1 % |
Schwab VIT Balanced Portfolio | — % | 0.0 %* | 0.0 %* | 0.0 %* |
Schwab VIT Balanced with Growth Portfolio | — % | 0.1 % | 0.1 % | 0.1 % |
Schwab VIT Growth Portfolio | — % | 0.1 % | 0.2 % | 0.1 % |
* | Less than 0.05% |
PURCHASE COST | SALE PROCEEDS | REALIZED GAINS (LOSSES) | |
Schwab International Dividend Equity ETF | $26,283,095 | $38,557,688 | ($9,784,500 ) |
Schwab International Equity ETF | 239,180,903 | 222,603,257 | (190,879,387 ) |
Schwab International Small-Cap Equity ETF | 113,751,386 | 152,902,735 | 17,518,947 |
Schwab Emerging Markets Equity ETF | 21,174,335 | 84,701,909 | (51,715,108 ) |
5. Other Service Providers:
7. Borrowing from Banks:
8. Derivatives:
NOTIONAL AMOUNTS | NUMBER OF CONTRACTS | |
Schwab International Dividend Equity ETF | $3,690,533 | 42 |
Schwab International Equity ETF | 143,370,353 | 1,428 |
Schwab International Small-Cap Equity ETF | 16,002,422 | 159 |
Schwab Emerging Markets Equity ETF | 33,259,559 | 675 |
9. Purchases and Sales of Investment Securities:
PURCHASES OF SECURITIES | SALES OF SECURITIES | |
Schwab International Dividend Equity ETF | $293,749,916 | $250,316,055 |
Schwab International Equity ETF | 1,831,737,633 | 1,615,190,145 |
Schwab International Small-Cap Equity ETF | 583,727,710 | 529,171,258 |
Schwab Emerging Markets Equity ETF | 1,112,126,320 | 1,060,608,683 |
IN-KIND PURCHASES OF SECURITIES | IN-KIND SALES OF SECURITIES | |
Schwab International Dividend Equity ETF | $268,186,545 | $43,050,094 |
Schwab International Equity ETF | 2,018,423,987 | 109,139,757 |
Schwab International Small-Cap Equity ETF | 254,470,117 | 129,383,065 |
Schwab Emerging Markets Equity ETF | 48,465,694 | 30,471,540 |
11. Federal Income Taxes:
TAX COST | GROSS UNREALIZED APPRECIATION | GROSS UNREALIZED DEPRECIATION | NET UNREALIZED APPRECIATION (DEPRECIATION) | |
Schwab International Dividend Equity ETF | $750,133,405 | $32,473,467 | ($34,026,587 ) | ($1,553,120 ) |
Schwab International Equity ETF | 28,132,078,721 | 5,488,323,881 | (2,008,175,387 ) | 3,480,148,494 |
Schwab International Small-Cap Equity ETF | 3,925,511,664 | 637,895,775 | (731,046,715 ) | (93,150,940 ) |
Schwab Emerging Markets Equity ETF | 7,914,729,505 | 2,111,532,304 | (1,499,542,089 ) | 611,990,215 |
UNDISTRIBUTED ORDINARY INCOME | NET UNREALIZED APPRECIATION (DEPRECIATION) ON INVESTMENTS | NET OTHER UNREALIZED APPRECIATION (DEPRECIATION) | CAPITAL LOSS CARRYFORWARDS AND OTHER LOSSES | TOTAL | |
Schwab International Dividend Equity ETF | $15,933,243 | ($1,553,120 ) | ($342,866 ) | ($35,671,059 ) | ($21,633,802 ) |
Schwab International Equity ETF | 464,267,471 | 3,480,148,494 | 1,610,837 | (1,692,595,298 ) | 2,253,431,504 |
Schwab International Small-Cap Equity ETF | 77,447,074 | (93,150,940 ) | (40,392 ) | (256,516,983 ) | (272,261,241 ) |
Schwab Emerging Markets Equity ETF | 233,220,143 | 611,990,215 | (62,937,392 ) | (1,299,160,885 ) | (516,887,919 ) |
Schwab International Dividend Equity ETF | $35,671,059 |
Schwab International Equity ETF | 1,692,595,298 |
Schwab International Small-Cap Equity ETF | 256,516,983 |
Schwab Emerging Markets Equity ETF | 1,299,160,885 |
CURRENT FISCAL YEAR END DISTRIBUTIONS | PRIOR FISCAL YEAR END DISTRIBUTIONS | |
ORDINARY INCOME | ORDINARY INCOME | |
Schwab International Dividend Equity ETF | $22,397,950 | $6,562,600 |
Schwab International Equity ETF | 892,762,840 | 883,078,400 |
Schwab International Small-Cap Equity ETF | 78,014,800 | 93,611,110 |
Schwab Emerging Markets Equity ETF | 256,923,230 | 221,827,290 |
12. Subsequent Events:
Denver, Colorado
October 17, 2023
FOREIGN TAX CREDIT | FOREIGN SOURCE INCOME | |
Schwab International Dividend Equity ETF | $2,842,977 | $33,230,130 |
Schwab International Equity ETF | 70,785,313 | 1,022,842,270 |
Schwab International Small-Cap Equity ETF | 8,821,129 | 114,754,767 |
Schwab Emerging Markets Equity ETF | 27,190,599 | 298,461,252 |
Schwab International Dividend Equity ETF | $23,263,276 |
Schwab International Equity ETF | 837,855,251 |
Schwab International Small-Cap Equity ETF | 74,654,631 |
Schwab Emerging Markets Equity ETF | 107,143,651 |
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 |
Michael J. Beer 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 2022) | Retired. Director, President and Chief Executive Officer (Dec. 2016 – Sept. 2019), Principal Funds (investment management). | 106 | Director (2016 – 2019), Principal Funds, Inc. |
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. | 106 | None |
Nancy F. Heller 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 2018) | Retired. | 106 | None |
David L. Mahoney 1954 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2011; Schwab Strategic Trust since 2016) | Private Investor. | 106 | Director (2004 – present), Corcept Therapeutics Incorporated Director (2009 – 2021), Adamas Pharmaceuticals, Inc. Director (2003 – 2019), Symantec Corporation |
Jane P. Moncreiff 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 2019) | Consultant (2018 – present), Fulham Advisers LLC (management consulting); Chief Investment Officer (2009 – 2017), CareGroup Healthcare System, Inc. (healthcare). | 106 | None |
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 (2008 – present), Patmore Management Consulting (management consulting). | 106 | None |
J. Derek Penn 1957 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2021) | Head of Equity Sales and Trading (2006 – 2018), BNY Mellon (financial services). | 106 | None |
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 since 2010) | Co-Chairman of the Board (July 2022 – present), Director and Chief Executive Officer (Oct. 2008 – present) and President (Feb. 2007 – Oct. 2021), The Charles Schwab Corporation; President and Chief Executive Officer (Oct. 2008 – Oct. 2021) and Director (May 2008 – Oct. 2021), Charles Schwab & Co., Inc.; Director (Apr. 2006 – present), Charles Schwab Bank, SSB; Director (Nov. 2017 – present), Charles Schwab Premier Bank, SSB; Director (July 2019 – present), Charles Schwab Trust Bank; Director (May 2008 – present), Chief Executive Officer (Aug. 2017 – present) and President (Aug. 2017 – Nov. 2021), Schwab Holdings, Inc.; Director (Oct. 2020 – present), TD Ameritrade Holding Corporation; Director (July 2016 – Oct. 2021), Charles Schwab Investment Management, Inc. | 106 | Director (2008 – present), The Charles Schwab Corporation |
Richard A. Wurster2 1973 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2022) | President (Oct. 2021 – present) and Executive Vice President – Schwab Asset Management Solutions (Apr. 2019 – Oct. 2021), The Charles Schwab Corporation; President, Director (Oct. 2021 – present), Executive Vice President – Schwab Asset Management Solutions (July 2019 – Oct. 2021) and Senior Vice President – Advisory (May 2016 – July 2019), Charles Schwab & Co., Inc.; President (Nov. 2021 – present), Schwab Holdings, Inc.; Director (Oct. 2021 – present) and Chief Executive Officer (Nov. 2019 – Jan. 2022), Charles Schwab Investment Management, Inc.; Director, Chief Executive Officer and President (Mar. 2018 – Oct. 2022), Charles Schwab Investment Advisory, Inc.; Chief Executive Officer (July 2016 – Apr. 2018) and President (Mar. 2017 – Apr. 2018), ThomasPartners, Inc.; Chief Executive Officer (July 2016 – Apr. 2018), Windhaven Investment Management, Inc. | 106 | 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 |
Omar Aguilar 1970 Chief Executive Officer and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) | Chief Executive Officer (Jan. 2022 – present), Chief Investment Officer (Apr. 2011 – present) and Senior Vice President (Apr. 2011 – Dec. 2021), Charles Schwab Investment Management, Inc.; Director, Chief Executive Officer and President (Oct. 2022 – present), Charles Schwab Investment Advisory, Inc.; Chief Executive Officer (Sept. 2023 – present), Chief Investment Officer (June 2011 – present) and Vice President (June 2011 – Sept. 2023), Schwab Funds, Laudus Trust and Schwab ETFs. |
Jonathan de St. Paer 1973 President (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2018) | Director (Apr. 2019 – present), President (Oct. 2018 – present), Chief Operating Officer (Jan. 2021 – present), and Chief Executive Officer (Apr. 2019 – Nov. 2019), Charles Schwab Investment Management, Inc.; Senior Vice President (June 2020 – Mar. 2022) and Chief Operating Officer (Jan. 2021 – Mar. 2022), Charles Schwab Investment Advisory, Inc.; President (Nov. 2018 – present), Chief Executive Officer (Apr. 2019 – Sept. 2023) and Trustee (Apr. 2019 – Dec. 2020), Schwab Funds, Laudus Trust and Schwab ETFs; Managing Director (May 2022 – present), Senior Vice President (Apr. 2019 – May 2022) and Senior Vice President – Strategy and Product Development (CSIM) (Jan. 2014 – Mar. 2019), Charles Schwab & Co., Inc. |
Mark Fischer 1970 Chief Operating Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2013) | Chief Operating Officer (Dec. 2020 – present) and Treasurer and Chief Financial Officer (Jan. 2016 – Dec. 2022), Schwab Funds, Laudus Trust and Schwab ETFs; Managing Director (Mar. 2023 – present), Chief Financial Officer (Mar. 2020 – present) and Vice President (Oct. 2013 – Mar. 2023), Charles Schwab Investment Management, Inc. |
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 |
Dana Smith 1965 Treasurer and Chief Financial Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2023) | Treasurer and Chief Financial Officer (Jan. 2023 – present) and Assistant Treasurer (Dec. 2015 – Dec. 2022), Schwab Funds, Laudus Trust and Schwab ETFs; Managing Director (Mar. 2023 – present), Vice President (Mar. 2022 – Mar. 2023) and Director (Oct. 2015 – Mar. 2022), Charles Schwab Investment Management, Inc. |
Brett Wander 1961 Vice President and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) | Managing Director (Mar. 2023 – present), Chief Investment Officer (Apr. 2011 – present) and Senior Vice President (Apr. 2011 – Mar. 2023) Charles Schwab Investment Management, Inc.; Vice President and Chief Investment Officer (June 2011 – present), Schwab Funds, Laudus Trust and Schwab ETFs. |
William P. McMahon, Jr. 1972 Vice President and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2021) | Managing Director (Mar. 2023 – present), Chief Investment Officer (Jan. 2020 – present) and Senior Vice President (Jan. 2020 – Mar. 2023) Charles Schwab Investment Management, Inc.; Vice President and Chief Investment Officer (June 2021 – present), Schwab Funds, Laudus Trust and Schwab ETFs; Senior Vice President and Chief Investment Officer – ThomasPartners Strategies (Apr. 2018 – Dec. 2019), Charles Schwab Investment Advisory, Inc.; Senior Vice President and Chief Investment Officer (May 2001 – Apr. 2018), ThomasPartners, Inc. |
Catherine MacGregor 1964 Chief Legal Officer and Secretary, Schwab Funds and Schwab ETFs Chief Legal Officer, Vice President and Clerk, Laudus Trust (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2005; Schwab Strategic Trust since 2009) | Managing Director (Mar. 2023 – present), Chief Legal Officer (Mar. 2022 – present) and Vice President (Sept. 2005 – Mar. 2023), Charles Schwab Investment Management, Inc.; Managing Director (May 2022 – present) and Vice President (July 2005 – May 2022), Charles Schwab & Co., Inc.; Vice President (Dec. 2005 – present) and Chief Legal Officer and Clerk (Mar. 2007 – present), Laudus Trust; Chief Legal Officer and Secretary (Oct. 2021 – present), Vice President (Nov. 2005 – Oct. 2021) and Assistant Secretary (June 2007 – Oct. 2021), Schwab Funds; Chief Legal Officer and Secretary (Oct. 2021 – present), Vice President and Assistant Secretary (Oct. 2009 – Oct. 2021), Schwab ETFs. |
Schwab ETFs
Index ETF
Printed on recycled paper.
![(CHARLES SCHWAB ASSET MANAGMENT LOGO)](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505img7519a16f1.jpg)
Schwab U.S. Broad Market ETF | SCHB |
Schwab 1000 Index® ETF | SCHK |
Schwab U.S. Large-Cap ETF | SCHX |
Schwab U.S. Large-Cap Growth ETF | SCHG |
Schwab U.S. Large-Cap Value ETF | SCHV |
Schwab U.S. Mid-Cap ETF | SCHM |
Schwab U.S. Small-Cap ETF | SCHA |
Schwab U.S. Dividend Equity ETF | SCHD |
2 | |
3 | |
5 | |
6 | |
9 | |
12 | |
15 | |
18 | |
21 | |
24 | |
27 | |
30 | |
31 | |
56 | |
70 | |
82 | |
90 | |
100 | |
110 | |
129 | |
136 | |
148 | |
149 | |
150 | |
153 | |
157 |
Total Returns for the 12 Months Ended August 31, 2023 | |
Schwab U.S. Broad Market ETF (Ticker Symbol: SCHB) | |
Market Price Return1 | 14.92% |
NAV Return1 | 14.88% |
Dow Jones U.S. Broad Stock Market Index | 14.86% |
ETF Category: Morningstar Large Blend2 | 13.85% |
Performance Details | pages 6-8 |
Schwab 1000 Index ETF (Ticker Symbol: SCHK) | |
Market Price Return1 | 15.31% |
NAV Return1 | 15.31% |
Schwab 1000 Index® | 15.36% |
Russell 1000® Index | 15.40% |
ETF Category: Morningstar Large Blend2 | 13.85% |
Performance Details | pages 9-11 |
Schwab U.S. Large-Cap ETF (Ticker Symbol: SCHX) | |
Market Price Return1 | 15.58% |
NAV Return1 | 15.61% |
Dow Jones U.S. Large-Cap Total Stock Market Index | 15.62% |
ETF Category: Morningstar Large Blend2 | 13.85% |
Performance Details | pages 12-14 |
Schwab U.S. Large-Cap Growth ETF (Ticker Symbol: SCHG) | |
Market Price Return1 | 24.42% |
NAV Return1 | 24.41% |
Dow Jones U.S. Large-Cap Growth Total Stock Market Index | 24.45% |
ETF Category: Morningstar Large Growth2 | 17.98% |
Performance Details | pages 15-17 |
Total Returns for the 12 Months Ended August 31, 2023 | |
Schwab U.S. Large-Cap Value ETF (Ticker Symbol: SCHV) | |
Market Price Return1 | 7.58% |
NAV Return1 | 7.60% |
Dow Jones U.S. Large-Cap Value Total Stock Market Index | 7.62% |
ETF Category: Morningstar Large Value2 | 8.86% |
Performance Details | pages 18-20 |
Schwab U.S. Mid-Cap ETF (Ticker Symbol: SCHM) | |
Market Price Return1 | 8.39% |
NAV Return1 | 8.45% |
Dow Jones U.S. Mid-Cap Total Stock Market Index | 8.41% |
ETF Category: Morningstar Mid-Cap Blend2 | 9.15% |
Performance Details | pages 21-23 |
Schwab U.S. Small-Cap ETF (Ticker Symbol: SCHA) | |
Market Price Return1 | 6.64% |
NAV Return1 | 6.69% |
Dow Jones U.S. Small-Cap Total Stock Market Index | 6.57% |
ETF Category: Morningstar Small Blend2 | 7.55% |
Performance Details | pages 24-26 |
Schwab U.S. Dividend Equity ETF (Ticker Symbol: SCHD) | |
Market Price Return1 | 6.72% |
NAV Return1 | 6.75% |
Dow Jones U.S. Dividend 100TM Index | 6.82% |
ETF Category: Morningstar Large Value2 | 8.86% |
Performance Details | pages 27-29 |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505img16a4da362.jpg)
![]() | Christopher Bliss, CFA, Managing Director and Head of Passive Equity Strategies for Schwab Asset Management, is responsible for overseeing the investment process and portfolio management of investment strategies for passive equity Schwab Funds and Schwab ETFs, and Schwab Personalized Indexing™ separately managed accounts. Before joining Schwab in 2016, Mr. Bliss spent 12 years at BlackRock (formerly Barclays Global Investors) managing and leading institutional index teams, most recently as a managing director and the head of the Americas institutional index team. In this role, Mr. Bliss was responsible for overseeing a team of portfolio managers managing domestic, developed international and emerging markets index strategies. Prior to BlackRock, he worked as an equity analyst and portfolio manager for Harris Bretall and before that, as a research analyst for JP Morgan. |
![]() | Jeremy Brown, CFA, Senior Portfolio Manager for Schwab Asset Management, is responsible for the day-to-day co-management of the funds. Prior to joining Schwab in 2017, Mr. Brown spent six years with ALPS Advisors, Inc. in Denver, most recently as a senior analyst on the ETF portfolio management and research team where he performed portfolio management, trading, and analytics/research functions for ALPS ETFs and passive funds. Additionally, Mr. Brown led a number of investment research, commentary, industry trend analysis, and sales and marketing support initiatives. |
![]() | Ferian Juwono, CFA, Senior Portfolio Manager for Schwab Asset Management, is responsible for the oversight and day-to-day co-management of the funds. Prior to joining Schwab 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 two years as a senior business analyst. Prior to that, Mr. Juwono worked for more than four years as a senior financial analyst with Union Bank of California. |
![]() | Agnes Zau, CFA, Portfolio Manager for Schwab Asset Management, is responsible for the day-to-day co-management of the funds. Prior to joining Schwab in 2018, Ms. Zau was at BlackRock for three years, most recently as a multi-asset portfolio investment consultant where she advised institutional clients on asset allocation and strategy, constructed risk decomposition and portfolio optimization, and conducted scenario analyses for the core multi-asset target risk strategies. She spent the preceding three years as a derivatives specialist at Mellon Capital. |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505lg_2me1.jpg)
Fund and Inception Date | 1 Year | 5 Years | 10 Years |
Fund: Schwab U.S. Broad Market ETF (11/3/09) | |||
Market Price Return2 | 14.92% | 10.20% | 12.19% |
NAV Return2 | 14.88% | 10.19% | 12.19% |
Dow Jones U.S. Broad Stock Market Index | 14.86% | 10.20% | 12.19% |
ETF Category: Morningstar Large Blend3 | 13.85% | 9.70% | 11.32% |
Fund Expense Ratio4: 0.03% |
Number of Holdings | 2,460 |
Weighted Average Market Cap (millions) | $586,932 |
Price/Earnings Ratio (P/E) | 21.7 |
Price/Book Ratio (P/B) | 3.7 |
Portfolio Turnover Rate | 4% 2 |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505imgd8d364907.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505img19f4dded8.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505lg_2mew.jpg)
Fund and Inception Date | 1 Year | 5 Years | Since Inception* |
Fund: Schwab 1000 Index ETF (10/11/17) | |||
Market Price Return2 | 15.31% | 10.54% | 11.62% |
NAV Return2 | 15.31% | 10.54% | 11.61% |
Schwab 1000 Index® | 15.36% | 10.60% | 11.67% |
Russell 1000® Index | 15.40% | 10.77% | 11.83% |
ETF Category: Morningstar Large Blend3 | 13.85% | 9.70% | N/A |
Fund Expense Ratio4: 0.05% |
Number of Holdings | 986 2 |
Weighted Average Market Cap (millions) | $618,057 |
Price/Earnings Ratio (P/E) | 22.2 |
Price/Book Ratio (P/B) | 3.9 |
Portfolio Turnover Rate | 4% 3 |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505imgce2ac5d09.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505img0b00cf9c10.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505lg_2me2.jpg)
Fund and Inception Date | 1 Year | 5 Years | 10 Years |
Fund: Schwab U.S. Large-Cap ETF (11/3/09) | |||
Market Price Return2 | 15.58% | 10.84% | 12.59% |
NAV Return2 | 15.61% | 10.83% | 12.59% |
Dow Jones U.S. Large-Cap Total Stock Market Index | 15.62% | 10.86% | 12.62% |
ETF Category: Morningstar Large Blend3 | 13.85% | 9.70% | 11.32% |
Fund Expense Ratio4: 0.03% |
Number of Holdings | 750 |
Weighted Average Market Cap (millions) | $635,446 |
Price/Earnings Ratio (P/E) | 22.6 |
Price/Book Ratio (P/B) | 4.0 |
Portfolio Turnover Rate | 4% 2 |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505img34e1f30c11.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505imgfeef00fd12.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505lg_2me3.jpg)
Fund and Inception Date | 1 Year | 5 Years | 10 Years |
Fund: Schwab U.S. Large-Cap Growth ETF (12/11/09) | |||
Market Price Return2 | 24.42% | 14.29% | 15.58% |
NAV Return2 | 24.41% | 14.28% | 15.57% |
Dow Jones U.S. Large-Cap Growth Total Stock Market Index | 24.45% | 14.32% | 15.62% |
ETF Category: Morningstar Large Growth3 | 17.98% | 10.30% | 12.80% |
Fund Expense Ratio4: 0.04% |
Number of Holdings | 240 |
Weighted Average Market Cap (millions) | $1,100,849 |
Price/Earnings Ratio (P/E) | 33.7 |
Price/Book Ratio (P/B) | 8.1 |
Portfolio Turnover Rate | 9% 2 |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505imge936438013.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505img5f3dcc6d14.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505lg_2me4.jpg)
Fund and Inception Date | 1 Year | 5 Years | 10 Years |
Fund: Schwab U.S. Large-Cap Value ETF (12/11/09) | |||
Market Price Return2 | 7.58% | 6.66% | 9.26% |
NAV Return2 | 7.60% | 6.65% | 9.26% |
Dow Jones U.S. Large-Cap Value Total Stock Market Index | 7.62% | 6.69% | 9.32% |
ETF Category: Morningstar Large Value3 | 8.86% | 7.23% | 9.07% |
Fund Expense Ratio4: 0.04% |
Number of Holdings | 511 |
Weighted Average Market Cap (millions) | $151,865 |
Price/Earnings Ratio (P/E) | 16.7 |
Price/Book Ratio (P/B) | 2.6 |
Portfolio Turnover Rate | 7% 2 |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505img7561cb6a15.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505imgd929e66216.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505lg_2me5.jpg)
Fund and Inception Date | 1 Year | 5 Years | 10 Years |
Fund: Schwab U.S. Mid-Cap ETF (1/13/11) | |||
Market Price Return2 | 8.39% | 5.78% | 9.70% |
NAV Return2 | 8.45% | 5.79% | 9.71% |
Dow Jones U.S. Mid-Cap Total Stock Market Index | 8.41% | 5.80% | 9.72% |
ETF Category: Morningstar Mid-Cap Blend3 | 9.15% | 6.53% | 9.11% |
Fund Expense Ratio4: 0.04% |
Number of Holdings | 495 |
Weighted Average Market Cap (millions) | $10,643 |
Price/Earnings Ratio (P/E) | 15.3 |
Price/Book Ratio (P/B) | 2.4 |
Portfolio Turnover Rate | 18% 2 |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505imgcf910b6d17.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505img118e544a18.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505lg_2me6.jpg)
Fund and Inception Date | 1 Year | 5 Years | 10 Years |
Fund: Schwab U.S. Small-Cap ETF (11/3/09) | |||
Market Price Return2 | 6.64% | 3.93% | 8.33% |
NAV Return2 | 6.69% | 3.93% | 8.33% |
Dow Jones U.S. Small-Cap Total Stock Market Index | 6.57% | 3.87% | 8.28% |
ETF Category: Morningstar Small Blend3 | 7.55% | 4.33% | 8.05% |
Fund Expense Ratio4: 0.04% |
Number of Holdings | 1,740 |
Weighted Average Market Cap (millions) | $4,392 |
Price/Earnings Ratio (P/E) | 13.7 |
Price/Book Ratio (P/B) | 2.0 |
Portfolio Turnover Rate | 9% 2 |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505img2f65178b19.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505imgdf23abd520.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505lg_2med.jpg)
Fund and Inception Date | 1 Year | 5 Years | 10 Years |
Fund: Schwab U.S. Dividend Equity ETF (10/20/11) | |||
Market Price Return2 | 6.72% | 10.83% | 11.91% |
NAV Return2 | 6.75% | 10.83% | 11.91% |
Dow Jones U.S. Dividend 100TM Index | 6.82% | 10.93% | 12.01% |
ETF Category: Morningstar Large Value3 | 8.86% | 7.23% | 9.07% |
Fund Expense Ratio4: 0.06% |
Number of Holdings | 101 |
Weighted Average Market Cap (millions) | $150,775 |
Price/Earnings Ratio (P/E) | 15.1 |
Price/Book Ratio (P/B) | 3.6 |
Portfolio Turnover Rate | 28% 2 |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505img76fe367221.jpg)
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g64505img447d7aac22.jpg)
EXPENSE RATIO (ANNUALIZED) 1 | BEGINNING ACCOUNT VALUE AT 3/1/23 | ENDING ACCOUNT VALUE (NET OF EXPENSES) AT 8/31/23 | EXPENSES PAID DURING PERIOD 3/1/23-8/31/23 2 | |
Schwab U.S. Broad Market ETF | ||||
Actual Return | 0.03% | $1,000.00 | $1,130.90 | $0.16 |
Hypothetical 5% Return | 0.03% | $1,000.00 | $1,025.05 | $0.15 |
Schwab 1000 Index ETF | ||||
Actual Return | 0.05% | $1,000.00 | $1,137.80 | $0.27 |
Hypothetical 5% Return | 0.05% | $1,000.00 | $1,024.95 | $0.26 |
Schwab U.S. Large-Cap ETF | ||||
Actual Return | 0.03% | $1,000.00 | $1,142.00 | $0.16 |
Hypothetical 5% Return | 0.03% | $1,000.00 | $1,025.05 | $0.15 |
Schwab U.S. Large-Cap Growth ETF | ||||
Actual Return | 0.04% | $1,000.00 | $1,275.90 | $0.23 |
Hypothetical 5% Return | 0.04% | $1,000.00 | $1,025.00 | $0.20 |
Schwab U.S. Large-Cap Value ETF | ||||
Actual Return | 0.04% | $1,000.00 | $1,030.20 | $0.20 |
Hypothetical 5% Return | 0.04% | $1,000.00 | $1,025.00 | $0.20 |
Schwab U.S. Mid-Cap ETF | ||||
Actual Return | 0.04% | $1,000.00 | $1,032.20 | $0.20 |
Hypothetical 5% Return | 0.04% | $1,000.00 | $1,025.00 | $0.20 |
Schwab U.S. Small-Cap ETF | ||||
Actual Return | 0.04% | $1,000.00 | $1,013.50 | $0.20 |
Hypothetical 5% Return | 0.04% | $1,000.00 | $1,025.00 | $0.20 |
Schwab U.S. Dividend Equity ETF | ||||
Actual Return | 0.06% | $1,000.00 | $1,017.30 | $0.31 |
Hypothetical 5% Return | 0.06% | $1,000.00 | $1,024.90 | $0.31 |
1 | Based on the most recent six-month expense ratio. |
2 | Expenses for each fund are equal to its annualized expense ratio, multiplied by the average account value over the period, multiplied by 184 days in the period, and divided by 365 days in the fiscal year. |
9/1/22– 8/31/23 | 9/1/21– 8/31/221 | 9/1/20– 8/31/211 | 9/1/19– 8/31/201 | 9/1/18– 8/31/191 | ||
Per-Share Data | ||||||
Net asset value at beginning of period | $46.48 | $54.57 | $41.64 | $35.07 | $35.28 | |
Income (loss) from investment operations: | ||||||
Net investment income (loss)2 | 0.77 | 0.71 | 0.67 | 0.74 | 0.72 | |
Net realized and unrealized gains (losses) | 6.04 | (8.09 ) | 12.99 | 6.55 | (0.28 ) | |
Total from investment operations | 6.81 | (7.38 ) | 13.66 | 7.29 | 0.44 | |
Less distributions: | ||||||
Distributions from net investment income | (0.76 ) | (0.71 ) | (0.73 ) | (0.72 ) | (0.65 ) | |
Net asset value at end of period | $52.53 | $46.48 | $54.57 | $41.64 | $35.07 | |
Total return | 14.88 % | (13.64 %) | 33.23 % | 21.24 % | 1.35 % | |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.03 %3 | 0.03 %3 | 0.03 % | 0.03 % | 0.03 % | |
Net investment income (loss) | 1.62 % | 1.38 % | 1.42 % | 2.02 % | 2.12 % | |
Portfolio turnover rate4 | 4 % | 4 % | 4 % | 4 % | 4 % | |
Net assets, end of period (x 1,000,000) | $23,455 | $20,360 | $22,368 | $16,549 | $14,877 |
1 | Per-Share Data has been retroactively adjusted to reflect a 2-for-1 share split effective after market close on March 10, 2022 (see financial note 12 for additional information). |
2 | Calculated based on the average shares outstanding during the period. |
3 | Ratio includes less than 0.005% of non-routine proxy expenses. |
4 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.8% OF NET ASSETS | ||
Automobiles & Components 2.1% | ||
Adient plc * | 51,227 | 2,006,562 |
American Axle & Manufacturing Holdings, Inc. * | 63,357 | 478,345 |
Aptiv plc * | 144,561 | 14,665,713 |
Autoliv, Inc. | 41,183 | 4,019,461 |
BorgWarner, Inc. | 126,164 | 5,141,183 |
Canoo, Inc. * | 174,049 | 103,124 |
Dana, Inc. | 69,273 | 1,115,988 |
Dorman Products, Inc. * | 14,844 | 1,224,778 |
Faraday Future Intelligent Electric, Inc. *(a) | 6,287 | 47,306 |
Fisker, Inc. *(a) | 95,396 | 559,975 |
Ford Motor Co. | 2,099,490 | 25,466,814 |
Fox Factory Holding Corp. * | 22,437 | 2,486,244 |
General Motors Co. | 742,560 | 24,883,186 |
Gentex Corp. | 125,228 | 4,089,947 |
Gentherm, Inc. * | 17,974 | 1,082,215 |
Harley-Davidson, Inc. | 69,531 | 2,346,671 |
Holley, Inc. * | 29,112 | 165,938 |
LCI Industries | 13,526 | 1,694,537 |
Lear Corp. | 31,537 | 4,544,166 |
Lucid Group, Inc. *(a) | 435,933 | 2,737,659 |
Luminar Technologies, Inc. *(a) | 133,746 | 770,377 |
Mobileye Global, Inc., Class A * | 40,299 | 1,431,018 |
Modine Manufacturing Co. * | 28,338 | 1,348,605 |
Patrick Industries, Inc. | 11,475 | 959,769 |
Phinia, Inc. * | 24,702 | 686,716 |
QuantumScape Corp. * | 172,316 | 1,230,336 |
Rivian Automotive, Inc., Class A * | 301,165 | 6,845,480 |
Solid Power, Inc. * | 59,129 | 125,354 |
Standard Motor Products, Inc. | 9,700 | 359,191 |
Stoneridge, Inc. * | 13,702 | 281,576 |
Tesla, Inc. * | 1,438,877 | 371,345,376 |
The Goodyear Tire & Rubber Co. * | 152,896 | 1,973,887 |
Thor Industries, Inc. | 28,418 | 2,978,775 |
Visteon Corp. * | 14,941 | 2,080,833 |
Winnebago Industries, Inc. | 16,092 | 1,043,566 |
XPEL, Inc. * | 10,270 | 855,491 |
493,176,162 | ||
Banks 3.2% | ||
1st Source Corp. | 9,231 | 412,533 |
Ameris Bancorp | 34,906 | 1,422,419 |
Arrow Financial Corp. | 9,196 | 161,942 |
Associated Banc-Corp. | 80,487 | 1,394,840 |
Atlantic Union Bankshares Corp. | 40,965 | 1,216,251 |
Axos Financial, Inc. * | 27,672 | 1,192,386 |
Banc of California, Inc. | 29,201 | 365,889 |
BancFirst Corp. | 9,137 | 873,314 |
Bank of America Corp. | 3,702,795 | 106,159,133 |
Bank of Hawaii Corp. (a) | 21,299 | 1,144,608 |
Bank of Marin Bancorp | 7,905 | 148,772 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Bank OZK | 57,817 | 2,322,509 |
BankUnited, Inc. | 40,034 | 1,050,893 |
Banner Corp. | 18,255 | 795,005 |
Berkshire Hills Bancorp, Inc. | 23,105 | 482,895 |
BOK Financial Corp. | 15,063 | 1,251,886 |
Brookline Bancorp, Inc. | 46,709 | 447,005 |
Byline Bancorp, Inc. | 12,196 | 258,311 |
Cadence Bank | 98,906 | 2,262,969 |
Camden National Corp. | 7,417 | 243,203 |
Capitol Federal Financial, Inc. | 67,860 | 384,766 |
Cathay General Bancorp | 38,200 | 1,361,066 |
Central Pacific Financial Corp. | 14,217 | 241,262 |
Citigroup, Inc. | 1,040,494 | 42,961,997 |
Citizens Financial Group, Inc. | 255,871 | 7,197,651 |
Citizens Financial Services, Inc. (a) | 2,222 | 121,632 |
City Holding Co. | 7,825 | 714,892 |
Columbia Banking System, Inc. | 111,641 | 2,286,408 |
Columbia Financial, Inc. * | 17,545 | 301,072 |
Comerica, Inc. | 69,942 | 3,364,910 |
Commerce Bancshares, Inc. | 60,078 | 2,949,229 |
Community Bank System, Inc. | 28,894 | 1,373,910 |
Community Trust Bancorp, Inc. | 8,318 | 295,289 |
ConnectOne Bancorp, Inc. | 19,553 | 373,853 |
CrossFirst Bankshares, Inc. * | 21,186 | 227,750 |
Cullen/Frost Bankers, Inc. | 34,329 | 3,245,120 |
Customers Bancorp, Inc. * | 15,105 | 530,790 |
CVB Financial Corp. | 69,852 | 1,219,616 |
Dime Community Bancshares, Inc. | 16,561 | 352,915 |
Eagle Bancorp, Inc. | 16,734 | 402,620 |
East West Bancorp, Inc. | 74,190 | 4,105,675 |
Eastern Bankshares, Inc. | 85,377 | 1,149,174 |
Enterprise Financial Services Corp. | 19,649 | 760,613 |
F.N.B. Corp. | 192,563 | 2,239,508 |
FB Financial Corp. | 18,177 | 552,217 |
Fifth Third Bancorp | 363,816 | 9,659,315 |
Financial Institutions, Inc. | 7,751 | 135,643 |
First BanCorp | 96,462 | 1,336,963 |
First Bancorp/Southern Pines NC | 21,890 | 648,820 |
First Busey Corp. | 26,834 | 542,047 |
First Citizens BancShares, Inc., Class A | 6,397 | 8,702,479 |
First Commonwealth Financial Corp. | 54,987 | 718,680 |
First Community Bankshares, Inc. | 9,237 | 285,700 |
First Financial Bancorp | 50,161 | 1,042,346 |
First Financial Bankshares, Inc. | 69,473 | 1,995,265 |
First Financial Corp. | 5,687 | 208,827 |
First Foundation, Inc. | 27,288 | 214,484 |
First Hawaiian, Inc. | 68,132 | 1,288,376 |
First Horizon Corp. | 286,894 | 3,600,520 |
First Interstate BancSystem, Inc., Class A | 47,678 | 1,235,337 |
First Merchants Corp. | 31,713 | 946,316 |
First Mid Bancshares, Inc. | 8,990 | 251,450 |
Flushing Financial Corp. | 14,401 | 203,342 |
Fulton Financial Corp. | 89,746 | 1,196,314 |
German American Bancorp, Inc. | 14,980 | 433,371 |
Glacier Bancorp, Inc. | 59,253 | 1,790,033 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Great Southern Bancorp, Inc. | 4,752 | 239,833 |
Hancock Whitney Corp. | 45,670 | 1,883,887 |
Hanmi Financial Corp. | 15,242 | 263,991 |
HarborOne Bancorp, Inc. | 21,927 | 218,612 |
Heartland Financial USA, Inc. | 19,825 | 607,438 |
Heritage Commerce Corp. | 30,707 | 266,230 |
Heritage Financial Corp. | 18,795 | 323,650 |
Hilltop Holdings, Inc. | 24,045 | 730,728 |
Home BancShares, Inc. | 100,163 | 2,221,615 |
HomeStreet, Inc. | 9,687 | 91,542 |
Hope Bancorp, Inc. | 64,990 | 628,453 |
Horizon Bancorp, Inc. | 21,704 | 242,868 |
Huntington Bancshares, Inc. | 769,555 | 8,534,365 |
Independent Bank Corp. | 23,239 | 1,255,371 |
Independent Bank Group, Inc. | 19,781 | 834,758 |
International Bancshares Corp. | 27,696 | 1,240,227 |
JPMorgan Chase & Co. | 1,560,907 | 228,407,521 |
Kearny Financial Corp. | 38,374 | 284,351 |
KeyCorp | 501,855 | 5,686,017 |
Lakeland Bancorp, Inc. | 33,335 | 450,356 |
Lakeland Financial Corp. | 14,075 | 733,730 |
LINKBANCORP, Inc. | 7,005 | 49,035 |
Live Oak Bancshares, Inc. | 18,311 | 592,178 |
Luther Burbank Corp. | 6,823 | 62,021 |
M&T Bank Corp. | 88,697 | 11,091,560 |
Mercantile Bank Corp. | 7,839 | 261,666 |
Metrocity Bankshares, Inc. | 8,494 | 165,633 |
Midland States Bancorp, Inc. | 11,007 | 244,355 |
National Bank Holdings Corp., Class A | 19,869 | 626,668 |
NBT Bancorp, Inc. | 25,195 | 867,212 |
New York Community Bancorp, Inc. | 385,664 | 4,735,954 |
Nicolet Bankshares, Inc. | 7,252 | 549,774 |
Northfield Bancorp, Inc. | 22,216 | 234,157 |
Northwest Bancshares, Inc. | 67,888 | 746,768 |
OceanFirst Financial Corp. | 32,092 | 541,392 |
OFG Bancorp | 24,852 | 749,536 |
Old National Bancorp | 155,232 | 2,368,840 |
Origin Bancorp, Inc. | 15,960 | 489,812 |
Pacific Premier Bancorp, Inc. | 51,466 | 1,184,747 |
PacWest Bancorp | 61,973 | 492,685 |
Park National Corp. | 7,876 | 801,462 |
Pathward Financial, Inc. | 14,845 | 731,413 |
Peapack-Gladstone Financial Corp. | 7,818 | 213,197 |
Peoples Bancorp, Inc. | 17,632 | 454,377 |
Pinnacle Financial Partners, Inc. | 41,018 | 2,730,158 |
Popular, Inc. | 38,104 | 2,601,741 |
Preferred Bank | 6,654 | 413,280 |
Premier Financial Corp. | 18,114 | 341,268 |
Prosperity Bancshares, Inc. | 50,597 | 2,874,416 |
Provident Financial Services, Inc. | 39,524 | 651,356 |
QCR Holdings, Inc. | 9,069 | 475,760 |
Regions Financial Corp. | 502,378 | 9,213,613 |
Renasant Corp. | 30,243 | 842,268 |
Republic Bancorp, Inc., Class A | 4,756 | 211,357 |
S&T Bancorp, Inc. | 20,042 | 567,790 |
Sandy Spring Bancorp, Inc. | 23,506 | 522,773 |
Seacoast Banking Corp. of Florida | 45,291 | 1,069,321 |
ServisFirst Bancshares, Inc. | 26,199 | 1,468,192 |
Simmons First National Corp., Class A | 68,472 | 1,220,171 |
Southside Bancshares, Inc. | 15,950 | 480,095 |
SouthState Corp. | 40,345 | 2,916,943 |
Stellar Bancorp, Inc. | 24,621 | 523,689 |
Stock Yards Bancorp, Inc. | 16,214 | 742,601 |
Synovus Financial Corp. | 77,799 | 2,408,657 |
Texas Capital Bancshares, Inc. * | 25,782 | 1,609,828 |
The Bancorp, Inc. * | 29,667 | 1,089,076 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
The First Bancshares, Inc. | 15,127 | 429,456 |
The First of Long Island Corp. | 10,468 | 136,712 |
The PNC Financial Services Group, Inc. | 213,373 | 25,760,522 |
Tompkins Financial Corp. | 6,406 | 332,664 |
Towne Bank | 36,615 | 864,114 |
TriCo Bancshares | 17,862 | 613,381 |
Triumph Financial, Inc. | 11,413 | 733,057 |
Truist Financial Corp. | 708,839 | 21,655,031 |
TrustCo Bank Corp. | 9,602 | 273,369 |
Trustmark Corp. | 33,204 | 765,020 |
U.S. Bancorp | 746,135 | 27,256,312 |
UMB Financial Corp. | 23,719 | 1,499,278 |
United Bankshares, Inc. | 71,936 | 2,163,835 |
United Community Banks, Inc. | 61,764 | 1,667,628 |
Univest Financial Corp. | 15,794 | 284,134 |
Valley National Bancorp | 225,298 | 2,068,236 |
Veritex Holdings, Inc. | 28,690 | 539,659 |
Washington Federal, Inc. | 35,012 | 951,626 |
Washington Trust Bancorp, Inc. | 8,591 | 240,548 |
Webster Financial Corp. | 92,971 | 3,942,900 |
Wells Fargo & Co. | 2,004,639 | 82,771,544 |
WesBanco, Inc. | 31,343 | 794,858 |
Westamerica BanCorp | 14,346 | 631,654 |
Western Alliance Bancorp | 57,955 | 2,898,330 |
Wintrust Financial Corp. | 32,474 | 2,520,307 |
WSFS Financial Corp. | 32,964 | 1,295,485 |
Zions Bancorp NA | 79,325 | 2,816,037 |
743,036,361 | ||
Capital Goods 6.4% | ||
374Water, Inc. * | 32,024 | 48,036 |
3D Systems Corp. * | 71,200 | 449,272 |
3M Co. | 293,413 | 31,298,365 |
A.O. Smith Corp. | 66,670 | 4,833,575 |
AAON, Inc. | 34,344 | 2,165,733 |
AAR Corp. * | 17,328 | 1,067,405 |
Acuity Brands, Inc. | 16,833 | 2,714,826 |
Advanced Drainage Systems, Inc. | 33,399 | 4,280,416 |
AECOM | 74,336 | 6,522,984 |
AeroVironment, Inc. * | 13,596 | 1,319,220 |
AGCO Corp. | 33,073 | 4,283,946 |
Air Lease Corp. | 55,231 | 2,251,216 |
Alamo Group, Inc. | 5,404 | 927,597 |
Albany International Corp., Class A | 16,611 | 1,540,172 |
Allegion plc | 46,892 | 5,336,779 |
Allison Transmission Holdings, Inc. | 48,421 | 2,927,049 |
Ameresco, Inc., Class A * | 17,862 | 776,818 |
American Woodmark Corp. * | 9,257 | 718,991 |
AMETEK, Inc. | 123,001 | 19,619,890 |
Amprius Technologies, Inc. *(a) | 6,954 | 34,214 |
API Group Corp. * | 107,818 | 3,035,077 |
Apogee Enterprises, Inc. | 11,459 | 578,221 |
Applied Industrial Technologies, Inc. | 20,708 | 3,196,694 |
Archer Aviation, Inc., Class A *(a) | 79,005 | 550,665 |
Arcosa, Inc. | 25,723 | 2,012,053 |
Argan, Inc. | 7,046 | 299,314 |
Armstrong World Industries, Inc. | 23,850 | 1,826,672 |
Array Technologies, Inc. * | 75,715 | 1,883,032 |
Astec Industries, Inc. | 12,653 | 693,637 |
Astra Space, Inc. * | 122,034 | 31,534 |
Atkore, Inc. * | 20,649 | 3,179,327 |
Axon Enterprise, Inc. * | 37,464 | 7,976,460 |
AZZ, Inc. | 13,460 | 660,886 |
Babcock & Wilcox Enterprises, Inc. * | 39,328 | 206,472 |
Barnes Group, Inc. | 26,992 | 1,060,786 |
Beacon Roofing Supply, Inc. * | 29,254 | 2,335,932 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Blink Charging Co. *(a) | 26,961 | 106,226 |
Bloom Energy Corp., Class A * | 98,871 | 1,482,076 |
Boise Cascade Co. | 21,316 | 2,331,331 |
Builders FirstSource, Inc. * | 68,368 | 9,916,095 |
BWX Technologies, Inc. | 49,056 | 3,618,371 |
Carlisle Cos., Inc. | 27,290 | 7,177,816 |
Carrier Global Corp. | 446,565 | 25,655,159 |
Caterpillar, Inc. | 275,092 | 77,336,614 |
ChargePoint Holdings, Inc. *(a) | 146,047 | 1,045,697 |
Chart Industries, Inc. * | 22,178 | 4,004,903 |
CIRCOR International, Inc. * | 10,509 | 585,246 |
Columbus McKinnon Corp. | 15,193 | 572,320 |
Comfort Systems USA, Inc. | 19,032 | 3,512,736 |
Construction Partners, Inc., Class A * | 21,838 | 758,871 |
Core & Main, Inc., Class A * | 47,004 | 1,543,611 |
Crane Co. | 25,569 | 2,329,847 |
CSW Industrials, Inc. | 8,307 | 1,492,186 |
Cummins, Inc. | 75,367 | 17,337,425 |
Curtiss-Wright Corp. | 20,360 | 4,234,676 |
Custom Truck One Source, Inc. * | 34,745 | 233,139 |
Deere & Co. | 144,002 | 59,176,182 |
Desktop Metal, Inc., Class A *(a) | 131,949 | 237,508 |
Donaldson Co., Inc. | 64,469 | 4,117,635 |
Douglas Dynamics, Inc. | 11,828 | 358,034 |
Dover Corp. | 74,366 | 11,028,478 |
DXP Enterprises, Inc. * | 7,607 | 270,581 |
Dycom Industries, Inc. * | 15,587 | 1,557,609 |
Eaton Corp. plc | 212,800 | 49,022,736 |
EMCOR Group, Inc. | 25,218 | 5,655,137 |
Emerson Electric Co. | 305,723 | 30,037,285 |
Encore Wire Corp. | 9,499 | 1,565,530 |
Energy Recovery, Inc. * | 30,851 | 838,530 |
Energy Vault Holdings, Inc. * | 31,733 | 101,228 |
Enerpac Tool Group Corp. | 30,054 | 787,415 |
EnerSys | 21,779 | 2,286,359 |
Enovix Corp. * | 60,067 | 827,723 |
EnPro Industries, Inc. | 11,049 | 1,506,973 |
Esab Corp. | 28,007 | 2,021,265 |
ESCO Technologies, Inc. | 13,961 | 1,493,967 |
ESS Tech, Inc. * | 41,921 | 59,947 |
Fastenal Co. | 306,196 | 17,630,766 |
Federal Signal Corp. | 32,823 | 2,000,562 |
Ferguson plc | 109,468 | 17,685,650 |
Flowserve Corp. | 70,023 | 2,770,810 |
Fluence Energy, Inc. * | 19,675 | 518,436 |
Fluor Corp. * | 77,343 | 2,706,232 |
Fortive Corp. | 188,272 | 14,845,247 |
Fortune Brands Innovations, Inc. | 67,701 | 4,672,723 |
Franklin Electric Co., Inc. | 20,738 | 2,005,572 |
FTAI Aviation Ltd. | 53,648 | 1,982,830 |
FTC Solar, Inc. * | 20,061 | 37,715 |
FuelCell Energy, Inc. * | 221,721 | 310,409 |
Gates Industrial Corp. plc * | 77,515 | 951,884 |
GATX Corp. | 18,924 | 2,235,681 |
Generac Holdings, Inc. * | 33,280 | 3,953,997 |
General Dynamics Corp. | 119,819 | 27,155,778 |
General Electric Co. | 581,482 | 66,556,430 |
Gibraltar Industries, Inc. * | 15,987 | 1,199,505 |
Global Industrial Co. | 9,241 | 312,715 |
GMS, Inc. * | 21,730 | 1,506,758 |
Graco, Inc. | 89,748 | 7,084,707 |
GrafTech International Ltd. | 98,595 | 349,026 |
Granite Construction, Inc. | 23,599 | 974,403 |
Great Lakes Dredge & Dock Corp. * | 34,117 | 301,253 |
Griffon Corp. | 25,527 | 1,068,815 |
H&E Equipment Services, Inc. | 18,370 | 832,528 |
Hayward Holdings, Inc. * | 85,174 | 1,260,575 |
HEICO Corp. | 50,987 | 8,602,017 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Helios Technologies, Inc. | 17,284 | 1,000,398 |
Herc Holdings, Inc. | 12,962 | 1,686,875 |
Hexcel Corp. | 44,982 | 3,297,181 |
Hillenbrand, Inc. | 37,164 | 1,800,224 |
Hillman Solutions Corp. * | 90,065 | 815,088 |
Honeywell International, Inc. | 355,488 | 66,810,415 |
Howmet Aerospace, Inc. | 196,093 | 9,700,721 |
Hubbell, Inc. | 28,610 | 9,328,290 |
Huntington Ingalls Industries, Inc. | 21,327 | 4,698,765 |
Hyliion Holdings Corp. * | 68,540 | 83,619 |
Hyster-Yale Materials Handling, Inc. | 5,890 | 268,996 |
Hyzon Motors, Inc. *(a) | 51,143 | 64,952 |
IDEX Corp. | 40,391 | 9,144,522 |
IES Holdings, Inc. * | 4,674 | 350,457 |
Illinois Tool Works, Inc. | 148,291 | 36,679,779 |
Ingersoll Rand, Inc. | 215,511 | 15,001,721 |
Insteel Industries, Inc. | 11,055 | 384,161 |
Intuitive Machines, Inc. *(a) | 5,883 | 28,003 |
ITT, Inc. | 43,988 | 4,499,093 |
Janus International Group, Inc. * | 41,420 | 474,259 |
JELD-WEN Holding, Inc. * | 45,041 | 679,218 |
John Bean Technologies Corp. | 17,098 | 1,879,241 |
Johnson Controls International plc | 365,544 | 21,589,029 |
Kadant, Inc. | 6,262 | 1,376,012 |
Kaman Corp. | 14,826 | 332,547 |
Kennametal, Inc. | 43,611 | 1,154,383 |
Kratos Defense & Security Solutions, Inc. * | 68,182 | 1,097,048 |
L3Harris Technologies, Inc. | 101,322 | 18,044,435 |
Lennox International, Inc. | 17,204 | 6,482,639 |
Leonardo DRS, Inc. * | 26,578 | 455,015 |
Lincoln Electric Holdings, Inc. | 30,646 | 5,898,129 |
Lindsay Corp. | 5,967 | 740,505 |
Lockheed Martin Corp. | 120,356 | 53,961,613 |
Markforged Holding Corp. * | 36,564 | 47,899 |
Masco Corp. | 119,955 | 7,078,545 |
Masonite International Corp. * | 11,718 | 1,203,556 |
MasTec, Inc. * | 32,537 | 3,237,106 |
Masterbrand, Inc. * | 68,346 | 875,512 |
McGrath RentCorp | 13,034 | 1,317,737 |
MDU Resources Group, Inc. | 107,327 | 2,185,178 |
Mercury Systems, Inc. * | 30,733 | 1,206,270 |
Microvast Holdings, Inc. * | 94,350 | 210,401 |
Moog, Inc., Class A | 15,086 | 1,752,390 |
MRC Global, Inc. * | 43,908 | 409,223 |
MSC Industrial Direct Co., Inc., Class A | 25,173 | 2,569,156 |
Mueller Industries, Inc. | 30,638 | 2,364,028 |
Mueller Water Products, Inc., Class A | 83,443 | 1,178,215 |
MYR Group, Inc. * | 8,809 | 1,251,495 |
National Presto Industries, Inc. | 2,567 | 192,140 |
Nauticus Robotics, Inc. * | 11,992 | 24,224 |
NEXTracker, Inc., Class A * | 24,305 | 1,023,727 |
Nikola Corp. *(a) | 313,881 | 370,380 |
Nordson Corp. | 28,666 | 6,998,517 |
Northrop Grumman Corp. | 76,290 | 33,040,436 |
NOW, Inc. * | 55,114 | 615,623 |
nVent Electric plc | 87,924 | 4,971,223 |
Omega Flex, Inc. | 1,630 | 136,431 |
Oshkosh Corp. | 35,041 | 3,638,307 |
Otis Worldwide Corp. | 220,003 | 18,821,257 |
Owens Corning | 48,068 | 6,917,466 |
PACCAR, Inc. | 278,433 | 22,912,252 |
Parker-Hannifin Corp. | 68,507 | 28,560,568 |
Parsons Corp. * | 18,087 | 1,031,321 |
Pentair plc | 86,894 | 6,105,172 |
PGT Innovations, Inc. * | 30,863 | 870,028 |
Plug Power, Inc. *(a) | 290,563 | 2,458,163 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Primoris Services Corp. | 28,259 | 999,521 |
Proto Labs, Inc. * | 14,622 | 431,349 |
Quanex Building Products Corp. | 18,134 | 489,255 |
Quanta Services, Inc. | 77,508 | 16,266,604 |
RBC Bearings, Inc. * | 15,500 | 3,573,370 |
Regal Rexnord Corp. | 34,975 | 5,672,595 |
Resideo Technologies, Inc. * | 80,006 | 1,348,901 |
REV Group, Inc. | 18,314 | 248,704 |
Rocket Lab USA, Inc. * | 123,224 | 777,543 |
Rockwell Automation, Inc. | 61,408 | 19,164,209 |
RTX Corp. | 780,050 | 67,115,502 |
Rush Enterprises, Inc., Class A | 34,386 | 1,423,924 |
Rush Enterprises, Inc., Class B | 5,992 | 275,475 |
Sarcos Technology & Robotics Corp. * | 12,367 | 13,851 |
Sensata Technologies Holding plc | 81,580 | 3,069,040 |
SES AI Corp. *(a) | 75,603 | 159,522 |
Shoals Technologies Group, Inc., Class A * | 90,777 | 1,786,491 |
Simpson Manufacturing Co., Inc. | 22,769 | 3,637,575 |
SiteOne Landscape Supply, Inc. * | 24,052 | 4,117,462 |
Snap-on, Inc. | 28,320 | 7,606,752 |
Southland Holdings, Inc. *(a) | 5,124 | 34,946 |
Spirit AeroSystems Holdings, Inc., Class A | 57,216 | 1,219,845 |
SPX Technologies, Inc. * | 24,235 | 1,915,050 |
Standex International Corp. | 6,246 | 959,573 |
Stanley Black & Decker, Inc. | 81,445 | 7,686,779 |
Stem, Inc. *(a) | 79,811 | 406,238 |
SunPower Corp. * | 45,269 | 324,126 |
Sunrun, Inc. * | 116,018 | 1,813,361 |
TechPrecision Corp. * | 5,522 | 38,378 |
Tecnoglass, Inc. | 10,475 | 408,211 |
Tennant Co. | 10,157 | 837,242 |
Terex Corp. | 35,963 | 2,179,717 |
Terran Orbital Corp. * | 29,668 | 36,195 |
Textron, Inc. | 107,656 | 8,365,948 |
The AZEK Co., Inc. * | 64,390 | 2,189,904 |
The Boeing Co. * | 301,624 | 67,572,825 |
The Gorman-Rupp Co. | 13,022 | 418,527 |
The Greenbrier Cos., Inc. | 17,029 | 724,754 |
The Manitowoc Co., Inc. * | 18,960 | 320,803 |
The Middleby Corp. * | 28,743 | 4,184,693 |
The Shyft Group, Inc. | 17,935 | 281,221 |
The Timken Co. | 35,176 | 2,688,150 |
The Toro Co. | 55,489 | 5,677,634 |
Thermon Group Holdings, Inc. * | 18,384 | 505,192 |
Titan International, Inc. * | 28,405 | 357,619 |
Titan Machinery, Inc. * | 10,653 | 330,456 |
TPI Composites, Inc. * | 21,448 | 108,312 |
Trane Technologies plc | 122,047 | 25,051,367 |
TransDigm Group, Inc. * | 27,782 | 25,110,761 |
Trex Co., Inc. * | 58,205 | 4,154,091 |
Trinity Industries, Inc. | 42,849 | 1,074,224 |
Triton International Ltd. | 29,201 | 2,450,256 |
Triumph Group, Inc. * | 33,079 | 311,273 |
Tutor Perini Corp. * | 22,573 | 200,674 |
UFP Industries, Inc. | 32,909 | 3,434,054 |
United Rentals, Inc. | 36,769 | 17,521,899 |
V2X, Inc. * | 5,699 | 286,717 |
Valmont Industries, Inc. | 11,193 | 2,837,426 |
Velo3D, Inc. *(a) | 30,854 | 48,749 |
Veritiv Corp. | 7,260 | 1,222,076 |
Vertiv Holdings Co. | 172,257 | 6,785,203 |
Vicor Corp. * | 12,172 | 824,896 |
Virgin Galactic Holdings, Inc. *(a) | 132,307 | 333,414 |
W.W. Grainger, Inc. | 23,958 | 17,109,366 |
Wabash National Corp. | 25,269 | 569,816 |
Watsco, Inc. | 17,863 | 6,511,957 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Watts Water Technologies, Inc., Class A | 14,657 | 2,766,802 |
WESCO International, Inc. | 24,145 | 3,907,868 |
Westinghouse Air Brake Technologies Corp. | 96,162 | 10,820,148 |
WillScot Mobile Mini Holdings Corp. * | 108,216 | 4,439,020 |
Woodward, Inc. | 32,257 | 4,173,088 |
Xometry, Inc., Class A * | 15,461 | 294,532 |
Xylem, Inc. | 127,167 | 13,166,871 |
Zurn Elkay Water Solutions Corp., Class C | 76,712 | 2,272,209 |
1,505,204,137 | ||
Commercial & Professional Services 1.6% | ||
ABM Industries, Inc. | 35,459 | 1,610,548 |
ACCO Brands Corp. | 54,867 | 292,441 |
Alight, Inc., Class A * | 180,959 | 1,382,527 |
ASGN, Inc. * | 26,075 | 2,142,322 |
Automatic Data Processing, Inc. | 220,561 | 56,157,036 |
Barrett Business Services, Inc. | 3,337 | 319,284 |
BlackSky Technology, Inc. * | 57,589 | 78,321 |
Booz Allen Hamilton Holding Corp., Class A | 71,340 | 8,083,535 |
Brady Corp., Class A | 24,281 | 1,224,734 |
BrightView Holdings, Inc. * | 18,323 | 151,714 |
Broadridge Financial Solutions, Inc. | 62,984 | 11,728,251 |
CACI International, Inc., Class A * | 12,133 | 3,979,745 |
Casella Waste Systems, Inc., Class A * | 29,813 | 2,348,370 |
CBIZ, Inc. * | 26,197 | 1,469,914 |
Ceridian HCM Holding, Inc. * | 82,835 | 6,007,194 |
Cimpress plc * | 10,202 | 659,151 |
Cintas Corp. | 46,179 | 23,282,066 |
Clarivate plc * | 228,514 | 1,697,859 |
Clean Harbors, Inc. * | 26,795 | 4,537,465 |
Concentrix Corp. | 22,634 | 1,806,872 |
Conduent, Inc. * | 89,444 | 280,854 |
Copart, Inc. * | 458,303 | 20,545,723 |
CoreCivic, Inc. * | 60,792 | 654,122 |
CSG Systems International, Inc. | 16,133 | 876,183 |
Deluxe Corp. | 23,977 | 484,815 |
Driven Brands Holdings, Inc. * | 30,075 | 452,629 |
Dun & Bradstreet Holdings, Inc. | 117,703 | 1,282,963 |
Ennis, Inc. | 14,314 | 304,888 |
Enviri Corp. * | 45,585 | 339,608 |
Equifax, Inc. | 65,627 | 13,565,101 |
ExlService Holdings, Inc. * | 89,143 | 2,605,650 |
Exponent, Inc. | 27,062 | 2,431,791 |
First Advantage Corp. | 30,531 | 425,907 |
FiscalNote Holdings, Inc. *(a) | 37,985 | 83,947 |
Forrester Research, Inc. * | 6,590 | 201,852 |
Franklin Covey Co. * | 6,805 | 290,369 |
FTI Consulting, Inc. * | 18,089 | 3,361,298 |
Genpact Ltd. | 90,711 | 3,386,242 |
Healthcare Services Group, Inc. | 39,292 | 453,823 |
Heidrick & Struggles International, Inc. | 10,941 | 289,827 |
Heritage-Crystal Clean, Inc. * | 8,795 | 396,654 |
HireRight Holdings Corp. * | 10,343 | 108,291 |
HNI Corp. | 24,972 | 818,083 |
Huron Consulting Group, Inc. * | 10,093 | 1,008,795 |
ICF International, Inc. | 9,031 | 1,219,727 |
Insperity, Inc. | 19,073 | 1,932,667 |
Interface, Inc. | 29,465 | 304,373 |
Jacobs Solutions, Inc. | 68,027 | 9,171,400 |
KBR, Inc. | 72,300 | 4,447,896 |
Kelly Services, Inc., Class A | 19,050 | 352,235 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Kforce, Inc. | 10,611 | 664,779 |
Korn Ferry | 27,732 | 1,413,777 |
LanzaTech Global, Inc. *(a) | 47,229 | 312,656 |
LegalZoom.com, Inc. * | 51,392 | 586,383 |
Leidos Holdings, Inc. | 73,323 | 7,149,726 |
Liquidity Services, Inc. * | 11,633 | 212,302 |
ManpowerGroup, Inc. | 26,072 | 2,056,299 |
Matthews International Corp., Class A | 16,345 | 689,432 |
Maximus, Inc. | 32,339 | 2,613,638 |
MillerKnoll, Inc. | 40,929 | 781,744 |
Montrose Environmental Group, Inc. * | 14,355 | 551,806 |
MSA Safety, Inc. | 19,576 | 3,576,144 |
NV5 Global, Inc. * | 6,551 | 666,761 |
OPENLANE, Inc. * | 59,793 | 933,369 |
Paychex, Inc. | 171,521 | 20,965,012 |
Paycom Software, Inc. | 25,955 | 7,652,572 |
Paycor HCM, Inc. * | 24,811 | 582,314 |
Paylocity Holding Corp. * | 22,138 | 4,438,669 |
Pitney Bowes, Inc. | 91,310 | 300,410 |
Planet Labs PBC * | 108,426 | 352,385 |
RB Global, Inc. | 97,102 | 5,993,135 |
Republic Services, Inc. | 110,105 | 15,869,434 |
Resources Connection, Inc. | 17,243 | 267,439 |
Robert Half International, Inc. | 57,256 | 4,234,654 |
Rollins, Inc. | 123,424 | 4,883,888 |
Science Applications International Corp. | 28,923 | 3,403,080 |
SP Plus Corp. * | 10,233 | 400,827 |
SS&C Technologies Holdings, Inc. | 115,659 | 6,641,140 |
Steelcase, Inc., Class A | 50,876 | 461,445 |
Stericycle, Inc. * | 49,532 | 2,189,810 |
Sterling Check Corp. * | 12,259 | 170,890 |
Tetra Tech, Inc. | 28,295 | 4,452,218 |
The Brink's Co. | 24,534 | 1,859,923 |
The GEO Group, Inc. * | 69,592 | 503,846 |
TransUnion | 103,273 | 8,387,833 |
TriNet Group, Inc. * | 18,321 | 2,032,349 |
TrueBlue, Inc. * | 16,469 | 249,176 |
TTEC Holdings, Inc. | 9,801 | 291,678 |
UniFirst Corp. | 8,119 | 1,429,999 |
Upwork, Inc. * | 65,592 | 971,418 |
Verisk Analytics, Inc. | 77,763 | 18,835,754 |
Verra Mobility Corp. * | 74,855 | 1,331,670 |
Viad Corp. * | 10,945 | 310,729 |
VSE Corp. | 6,022 | 341,749 |
Waste Management, Inc. | 197,814 | 31,013,279 |
374,064,603 | ||
Consumer Discretionary Distribution & Retail 5.2% | ||
1-800-Flowers.com, Inc., Class A * | 16,993 | 127,957 |
Abercrombie & Fitch Co., Class A * | 26,920 | 1,446,950 |
Academy Sports & Outdoors, Inc. | 41,510 | 2,265,201 |
Advance Auto Parts, Inc. | 31,557 | 2,171,753 |
Amazon.com, Inc. * | 4,767,086 | 657,905,539 |
American Eagle Outfitters, Inc. | 98,480 | 1,670,221 |
America's Car-Mart, Inc. * | 3,259 | 362,759 |
Arko Corp. | 40,582 | 305,582 |
Asbury Automotive Group, Inc. * | 11,468 | 2,637,640 |
AutoNation, Inc. * | 16,733 | 2,628,587 |
AutoZone, Inc. * | 9,835 | 24,895,631 |
BARK, Inc. * | 51,475 | 82,360 |
Bath & Body Works, Inc. | 121,985 | 4,497,587 |
Best Buy Co., Inc. | 103,860 | 7,940,097 |
Big Lots, Inc. | 11,668 | 72,342 |
Boot Barn Holdings, Inc. * | 16,194 | 1,485,800 |
Burlington Stores, Inc. * | 34,750 | 5,638,535 |
Caleres, Inc. | 19,345 | 554,621 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Camping World Holdings, Inc., Class A | 23,448 | 579,869 |
CarMax, Inc. * | 84,398 | 6,893,629 |
CarParts.com, Inc. * | 30,712 | 148,339 |
Carvana Co. *(a) | 54,710 | 2,754,649 |
Chewy, Inc., Class A * | 51,402 | 1,232,620 |
Chico's FAS, Inc. * | 64,629 | 331,547 |
ContextLogic, Inc., Class A *(a) | 12,138 | 64,999 |
Designer Brands, Inc., Class A (a) | 25,329 | 266,208 |
Dick's Sporting Goods, Inc. | 32,765 | 3,811,880 |
Dillard's, Inc., Class A | 1,761 | 607,756 |
eBay, Inc. | 286,044 | 12,809,050 |
Etsy, Inc. * | 66,082 | 4,861,653 |
Five Below, Inc. * | 29,872 | 5,136,789 |
Floor & Decor Holdings, Inc., Class A * | 56,761 | 5,659,072 |
Foot Locker, Inc. | 42,334 | 830,593 |
GameStop Corp., Class A *(a) | 135,543 | 2,514,323 |
Genesco, Inc. * | 6,608 | 226,522 |
Genuine Parts Co. | 75,156 | 11,553,732 |
Group 1 Automotive, Inc. | 7,474 | 1,976,275 |
Groupon, Inc. *(a) | 16,013 | 198,081 |
GrowGeneration Corp. * | 35,645 | 115,846 |
Guess?, Inc. | 17,086 | 411,089 |
Haverty Furniture Cos., Inc. | 8,044 | 251,777 |
Hibbett, Inc. | 7,082 | 327,967 |
Kohl's Corp. | 59,199 | 1,577,061 |
Lands' End, Inc. * | 7,423 | 57,157 |
Leslie's, Inc. * | 82,165 | 514,353 |
Lithia Motors, Inc. | 14,689 | 4,524,506 |
LKQ Corp. | 135,156 | 7,099,745 |
LL Flooring Holdings, Inc. * | 13,974 | 48,210 |
Lowe’s Cos., Inc. | 318,101 | 73,315,918 |
Macy's, Inc. | 144,931 | 1,772,506 |
MarineMax, Inc. * | 11,984 | 398,708 |
Monro, Inc. | 16,934 | 554,419 |
Murphy USA, Inc. | 10,628 | 3,375,878 |
National Vision Holdings, Inc. * | 41,590 | 761,513 |
Nordstrom, Inc. | 62,235 | 1,009,452 |
Ollie's Bargain Outlet Holdings, Inc. * | 31,208 | 2,405,513 |
O'Reilly Automotive, Inc. * | 32,525 | 30,563,742 |
Overstock.com, Inc. * | 24,852 | 648,886 |
Penske Automotive Group, Inc. | 12,789 | 2,101,233 |
Petco Health & Wellness Co., Inc. * | 42,530 | 216,478 |
PetMed Express, Inc. | 12,637 | 142,419 |
Pool Corp. | 20,887 | 7,636,287 |
Qurate Retail, Inc. * | 183,432 | 142,160 |
Rent the Runway, Inc., Class A * | 25,641 | 35,385 |
Revolve Group, Inc. * | 22,455 | 328,966 |
RH * | 9,559 | 3,490,851 |
Ross Stores, Inc. | 182,747 | 22,260,412 |
Sally Beauty Holdings, Inc. * | 57,178 | 580,928 |
Shoe Carnival, Inc. | 8,165 | 188,856 |
Signet Jewelers Ltd. | 24,223 | 1,816,725 |
Sleep Number Corp. * | 12,184 | 311,667 |
Sonic Automotive, Inc., Class A | 8,646 | 461,005 |
Sportsman's Warehouse Holdings, Inc. * | 18,770 | 90,284 |
Stitch Fix, Inc., Class A * | 44,109 | 193,639 |
The Aaron's Co., Inc. | 18,142 | 218,974 |
The Buckle, Inc. | 15,865 | 579,707 |
The Children's Place, Inc. * | 6,911 | 183,211 |
The Container Store Group, Inc. * | 16,929 | 39,614 |
The Gap, Inc. | 112,216 | 1,299,461 |
The Home Depot, Inc. | 540,738 | 178,605,761 |
The ODP Corp. * | 18,104 | 892,889 |
The TJX Cos., Inc. | 614,621 | 56,840,150 |
Tractor Supply Co. | 58,551 | 12,793,393 |
Ulta Beauty, Inc. * | 26,716 | 11,087,941 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Upbound Group, Inc. | 26,249 | 803,744 |
Urban Outfitters, Inc. * | 32,733 | 1,087,063 |
Valvoline, Inc. | 74,155 | 2,553,898 |
Victoria's Secret & Co. * | 41,262 | 791,405 |
Warby Parker, Inc., Class A * | 32,939 | 395,597 |
Wayfair, Inc., Class A * | 44,036 | 3,043,328 |
Williams-Sonoma, Inc. | 35,019 | 4,944,683 |
Winmark Corp. | 1,529 | 581,830 |
Zumiez, Inc. * | 8,189 | 155,509 |
1,225,776,447 | ||
Consumer Durables & Apparel 1.2% | ||
Acushnet Holdings Corp. | 16,904 | 989,729 |
AMMO, Inc. * | 43,478 | 99,565 |
Beazer Homes USA, Inc. * | 16,163 | 473,738 |
Brunswick Corp. | 37,781 | 2,989,233 |
Capri Holdings Ltd. * | 66,607 | 3,496,201 |
Carter's, Inc. | 19,856 | 1,421,094 |
Cavco Industries, Inc. * | 4,393 | 1,227,931 |
Century Communities, Inc. | 15,076 | 1,119,393 |
Columbia Sportswear Co. | 18,669 | 1,369,184 |
Crocs, Inc. * | 33,250 | 3,236,555 |
D.R. Horton, Inc. | 166,236 | 19,785,409 |
Deckers Outdoor Corp. * | 14,002 | 7,408,318 |
Dream Finders Homes, Inc., Class A * | 11,971 | 345,004 |
Ethan Allen Interiors, Inc. | 12,775 | 400,880 |
Figs, Inc., Class A * | 67,103 | 414,697 |
Fossil Group, Inc. * | 27,034 | 57,312 |
Funko, Inc., Class A * | 17,865 | 124,519 |
Garmin Ltd. | 81,393 | 8,629,286 |
G-III Apparel Group Ltd. * | 21,418 | 425,147 |
GoPro, Inc., Class A * | 67,642 | 245,879 |
Green Brick Partners, Inc. * | 14,524 | 718,357 |
Hanesbrands, Inc. | 183,801 | 964,955 |
Hasbro, Inc. | 69,175 | 4,980,600 |
Helen of Troy Ltd. * | 12,973 | 1,594,641 |
Installed Building Products, Inc. | 12,553 | 1,816,796 |
iRobot Corp. * | 14,961 | 581,833 |
Johnson Outdoors, Inc., Class A | 2,903 | 162,307 |
KB Home | 42,774 | 2,172,919 |
Kontoor Brands, Inc. | 26,399 | 1,208,810 |
Latham Group, Inc. * | 24,281 | 89,840 |
La-Z-Boy, Inc. | 22,797 | 703,287 |
Leggett & Platt, Inc. | 70,594 | 1,990,751 |
Lennar Corp., Class A | 142,159 | 16,929,715 |
Levi Strauss & Co., Class A | 53,738 | 739,972 |
LGI Homes, Inc. * | 10,939 | 1,346,591 |
Lululemon Athletica, Inc. * | 61,953 | 23,620,201 |
M.D.C. Holdings, Inc. | 30,938 | 1,468,008 |
M/I Homes, Inc. * | 14,713 | 1,444,522 |
Malibu Boats, Inc., Class A * | 10,722 | 520,660 |
Mattel, Inc. * | 189,702 | 4,203,796 |
Meritage Homes Corp. | 19,663 | 2,733,944 |
Mohawk Industries, Inc. * | 28,264 | 2,865,687 |
Movado Group, Inc. | 8,138 | 222,574 |
Newell Brands, Inc. | 201,821 | 2,135,266 |
NIKE, Inc., Class B | 658,252 | 66,950,811 |
NVR, Inc. * | 1,626 | 10,369,539 |
Oxford Industries, Inc. | 7,785 | 786,207 |
Peloton Interactive, Inc., Class A * | 181,016 | 1,154,882 |
Polaris, Inc. | 28,587 | 3,204,317 |
PulteGroup, Inc. | 119,190 | 9,780,731 |
Purple Innovation, Inc. | 33,186 | 72,014 |
PVH Corp. | 33,671 | 2,814,896 |
Ralph Lauren Corp. | 22,017 | 2,567,843 |
Skechers U.S.A., Inc., Class A * | 71,769 | 3,610,698 |
Skyline Champion Corp. * | 28,408 | 2,024,638 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Smith & Wesson Brands, Inc. | 24,138 | 283,380 |
Snap One Holdings Corp. * | 10,317 | 94,401 |
Solo Brands, Inc., Class A * | 14,485 | 80,971 |
Sonos, Inc. * | 69,313 | 955,133 |
Steven Madden Ltd. | 38,101 | 1,314,485 |
Sturm Ruger & Co., Inc. | 9,422 | 485,987 |
Tapestry, Inc. | 123,634 | 4,119,485 |
Taylor Morrison Home Corp. * | 58,131 | 2,755,409 |
Tempur Sealy International, Inc. | 92,120 | 4,303,846 |
Toll Brothers, Inc. | 54,658 | 4,478,130 |
TopBuild Corp. * | 16,964 | 4,920,917 |
Topgolf Callaway Brands Corp. * | 74,752 | 1,303,675 |
Traeger, Inc. * | 31,994 | 143,013 |
Tri Pointe Homes, Inc. * | 53,102 | 1,651,472 |
Tupperware Brands Corp. * | 21,840 | 54,382 |
Under Armour, Inc., Class A * | 196,164 | 1,498,693 |
United Homes Group, Inc. * | 4,104 | 34,351 |
Universal Electronics, Inc. * | 6,304 | 56,106 |
VF Corp. | 175,885 | 3,475,488 |
Vista Outdoor, Inc. * | 31,101 | 909,704 |
Vizio Holding Corp., Class A * | 29,722 | 170,604 |
Whirlpool Corp. | 29,126 | 4,076,475 |
Wolverine World Wide, Inc. | 42,701 | 345,024 |
YETI Holdings, Inc. * | 46,263 | 2,310,837 |
272,633,650 | ||
Consumer Services 2.3% | ||
2U, Inc. * | 31,102 | 98,593 |
Accel Entertainment, Inc. * | 28,392 | 337,581 |
ADT, Inc. | 113,111 | 726,173 |
Adtalem Global Education, Inc. * | 22,983 | 1,007,805 |
Airbnb, Inc., Class A * | 220,242 | 28,972,835 |
Aramark | 147,495 | 5,483,864 |
Bally's Corp. * | 14,961 | 248,353 |
BJ's Restaurants, Inc. * | 12,460 | 366,449 |
Bloomin' Brands, Inc. | 46,737 | 1,311,440 |
Booking Holdings, Inc. * | 19,738 | 61,287,082 |
Bowlero Corp. * | 17,870 | 196,570 |
Boyd Gaming Corp. | 40,822 | 2,729,767 |
Bright Horizons Family Solutions, Inc. * | 30,887 | 2,916,351 |
Brinker International, Inc. * | 23,134 | 757,176 |
Caesars Entertainment, Inc. * | 114,611 | 6,333,404 |
Carnival Corp. * | 537,724 | 8,506,794 |
Carriage Services, Inc. | 7,528 | 232,013 |
Chegg, Inc. * | 62,312 | 636,206 |
Chipotle Mexican Grill, Inc. * | 14,707 | 28,335,094 |
Choice Hotels International, Inc. | 14,156 | 1,796,396 |
Churchill Downs, Inc. | 34,542 | 4,327,422 |
Chuy's Holdings, Inc. * | 10,085 | 384,238 |
Coursera, Inc. * | 48,055 | 835,676 |
Cracker Barrel Old Country Store, Inc. | 11,834 | 975,477 |
Darden Restaurants, Inc. | 64,439 | 10,020,909 |
Dave & Buster's Entertainment, Inc. * | 20,886 | 820,193 |
Denny's Corp. * | 31,391 | 299,156 |
Dine Brands Global, Inc. | 8,159 | 446,950 |
Domino’s Pizza, Inc. | 18,884 | 7,315,662 |
DoorDash, Inc., Class A * | 140,828 | 11,847,860 |
DraftKings, Inc., Class A * | 246,807 | 7,317,828 |
Duolingo, Inc. * | 15,033 | 2,212,256 |
Dutch Bros, Inc., Class A * | 16,006 | 473,938 |
El Pollo Loco Holdings, Inc. | 11,542 | 109,764 |
Everi Holdings, Inc. * | 47,409 | 685,534 |
Expedia Group, Inc. * | 76,216 | 8,261,052 |
First Watch Restaurant Group, Inc. * | 5,598 | 107,034 |
Frontdoor, Inc. * | 44,340 | 1,455,239 |
Golden Entertainment, Inc. | 11,674 | 425,050 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Graham Holdings Co., Class B | 2,066 | 1,211,358 |
Grand Canyon Education, Inc. * | 16,352 | 1,917,272 |
H&R Block, Inc. | 80,841 | 3,232,023 |
Hilton Grand Vacations, Inc. * | 40,828 | 1,785,000 |
Hilton Worldwide Holdings, Inc. | 140,909 | 20,946,123 |
Hyatt Hotels Corp., Class A | 24,915 | 2,800,695 |
Jack in the Box, Inc. | 11,214 | 901,269 |
Krispy Kreme, Inc. | 34,922 | 467,606 |
Las Vegas Sands Corp. | 175,463 | 9,625,900 |
Laureate Education, Inc. | 71,159 | 991,245 |
Life Time Group Holdings, Inc. * | 29,490 | 507,228 |
Light & Wonder, Inc. * | 48,682 | 3,732,449 |
Lindblad Expeditions Holdings, Inc. * | 20,202 | 182,828 |
Marriott International, Inc., Class A | 137,175 | 27,916,484 |
Marriott Vacations Worldwide Corp. | 19,655 | 2,136,302 |
McDonald’s Corp. | 390,232 | 109,713,727 |
MGM Resorts International | 161,026 | 7,081,923 |
Mister Car Wash, Inc. * | 41,755 | 302,306 |
Monarch Casino & Resort, Inc. | 7,088 | 477,731 |
Norwegian Cruise Line Holdings Ltd. * | 227,635 | 3,771,912 |
OneSpaWorld Holdings Ltd. * | 33,543 | 383,732 |
Papa John's International, Inc. | 15,973 | 1,209,156 |
Penn Entertainment, Inc. * | 81,576 | 1,932,535 |
Perdoceo Education Corp. | 35,022 | 580,315 |
Planet Fitness, Inc., Class A * | 45,442 | 2,762,874 |
Playa Hotels & Resorts N.V. * | 65,515 | 488,742 |
Portillo's, Inc., Class A * | 20,878 | 382,903 |
Red Rock Resorts, Inc., Class A | 25,885 | 1,137,128 |
Rover Group, Inc. * | 55,278 | 374,232 |
Royal Caribbean Cruises Ltd. * | 117,444 | 11,619,909 |
Rush Street Interactive, Inc. * | 28,146 | 129,472 |
Sabre Corp. * | 176,743 | 883,715 |
SeaWorld Entertainment, Inc. * | 20,922 | 1,018,901 |
Service Corp. International | 80,958 | 5,109,259 |
Shake Shack, Inc., Class A * | 20,260 | 1,418,200 |
Six Flags Entertainment Corp. * | 39,073 | 897,116 |
Sonder Holdings, Inc. * | 80,968 | 40,484 |
Starbucks Corp. | 611,752 | 59,609,115 |
Strategic Education, Inc. | 12,270 | 950,925 |
Stride, Inc. * | 22,288 | 947,017 |
Sweetgreen, Inc., Class A * | 39,295 | 564,276 |
Target Hospitality Corp. * | 12,718 | 202,216 |
Texas Roadhouse, Inc. | 35,800 | 3,726,780 |
The Cheesecake Factory, Inc. | 25,103 | 799,531 |
The Wendy's Co. | 89,634 | 1,773,857 |
Travel & Leisure Co. | 40,734 | 1,637,507 |
Udemy, Inc. * | 38,261 | 396,384 |
Vacasa, Inc., Class A * | 51,100 | 30,762 |
Vail Resorts, Inc. | 21,568 | 4,881,270 |
Wingstop, Inc. | 16,002 | 2,570,561 |
WW International, Inc. * | 34,436 | 334,374 |
Wyndham Hotels & Resorts, Inc. | 45,934 | 3,462,964 |
Wynn Resorts Ltd. | 55,459 | 5,622,433 |
Yum! Brands, Inc. | 150,180 | 19,430,288 |
547,611,498 | ||
Consumer Staples Distribution & Retail 1.7% | ||
Albertsons Cos., Inc., Class A | 106,684 | 2,389,722 |
BJ's Wholesale Club Holdings, Inc. * | 71,454 | 4,815,285 |
Casey's General Stores, Inc. | 19,825 | 4,845,428 |
Costco Wholesale Corp. | 236,782 | 130,059,617 |
Dollar General Corp. | 117,216 | 16,234,416 |
Dollar Tree, Inc. * | 111,150 | 13,600,314 |
Grocery Outlet Holding Corp. * | 48,348 | 1,491,536 |
Ingles Markets, Inc., Class A | 7,780 | 607,851 |
Performance Food Group Co. * | 83,337 | 5,177,728 |
PriceSmart, Inc. | 13,679 | 1,087,207 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Rite Aid Corp. *(a)(b) | 34,960 | 26,919 |
SpartanNash Co. | 18,458 | 401,646 |
Sprouts Farmers Market, Inc. * | 55,090 | 2,247,121 |
Sysco Corp. | 270,480 | 18,838,932 |
Target Corp. | 246,307 | 31,170,151 |
The Andersons, Inc. | 17,068 | 876,612 |
The Chefs' Warehouse, Inc. * | 18,551 | 529,446 |
The Kroger Co. | 348,839 | 16,182,641 |
United Natural Foods, Inc. * | 31,168 | 627,412 |
US Foods Holding Corp. * | 120,972 | 4,890,898 |
Walgreens Boots Alliance, Inc. | 383,068 | 9,695,451 |
Walmart, Inc. | 749,016 | 121,797,492 |
Weis Markets, Inc. | 8,555 | 554,963 |
388,148,788 | ||
Energy 4.4% | ||
Antero Midstream Corp. | 179,998 | 2,181,576 |
Antero Resources Corp. * | 146,571 | 4,055,620 |
APA Corp. | 165,217 | 7,243,113 |
Archrock, Inc. | 74,386 | 951,397 |
Atlas Energy Solutions, Inc., Class A (a) | 9,071 | 193,122 |
Baker Hughes Co. | 540,917 | 19,575,786 |
Bristow Group, Inc. * | 12,170 | 337,109 |
Cactus, Inc., Class A | 34,353 | 1,832,389 |
California Resources Corp. | 37,532 | 2,095,787 |
Callon Petroleum Co. * | 27,011 | 1,059,642 |
ChampionX Corp. | 105,506 | 3,807,712 |
Cheniere Energy, Inc. | 129,751 | 21,175,363 |
Chesapeake Energy Corp. | 56,894 | 5,018,620 |
Chevron Corp. | 951,665 | 153,313,231 |
Chord Energy Corp. | 22,093 | 3,568,019 |
Civitas Resources, Inc. | 26,297 | 2,162,139 |
Clean Energy Fuels Corp. * | 98,549 | 419,819 |
CNX Resources Corp. * | 87,928 | 1,965,191 |
Comstock Resources, Inc. | 47,140 | 577,936 |
ConocoPhillips | 645,742 | 76,862,670 |
CONSOL Energy, Inc. | 18,289 | 1,573,586 |
Core Laboratories, Inc. | 24,740 | 594,750 |
Coterra Energy, Inc. | 405,232 | 11,423,490 |
CVR Energy, Inc. | 15,232 | 498,086 |
Delek US Holdings, Inc. | 35,472 | 913,404 |
Denbury, Inc. * | 26,669 | 2,442,347 |
Devon Energy Corp. | 341,304 | 17,437,221 |
Diamond Offshore Drilling, Inc. * | 55,149 | 820,066 |
Diamondback Energy, Inc. | 96,898 | 14,707,178 |
DMC Global, Inc. * | 9,810 | 235,636 |
Dril-Quip, Inc. * | 18,294 | 504,549 |
DTE Midstream LLC | 51,775 | 2,707,315 |
Earthstone Energy, Inc., Class A * | 19,791 | 403,341 |
Enviva, Inc. | 10,201 | 93,849 |
EOG Resources, Inc. | 312,384 | 40,178,830 |
EQT Corp. | 193,191 | 8,349,715 |
Equitrans Midstream Corp. | 230,820 | 2,215,872 |
Excelerate Energy, Inc., Class A | 9,162 | 170,413 |
Expro Group Holdings N.V. * | 36,192 | 850,874 |
Exxon Mobil Corp. | 2,159,184 | 240,079,669 |
Granite Ridge Resources, Inc. | 6,739 | 49,869 |
Green Plains, Inc. * | 32,662 | 1,013,828 |
Gulfport Energy Corp. * | 5,641 | 665,638 |
Halliburton Co. | 481,454 | 18,593,753 |
Helix Energy Solutions Group, Inc. * | 77,583 | 786,692 |
Helmerich & Payne, Inc. | 55,458 | 2,217,765 |
Hess Corp. | 147,497 | 22,788,286 |
HF Sinclair Corp. | 68,798 | 3,790,082 |
HighPeak Energy, Inc. (a) | 6,811 | 100,326 |
International Seaways, Inc. | 21,368 | 918,183 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Kinder Morgan, Inc. | 1,054,700 | 18,161,934 |
Kinetik Holdings, Inc. | 13,552 | 475,811 |
Kosmos Energy Ltd. * | 243,869 | 1,775,366 |
Liberty Energy, Inc. | 80,570 | 1,285,092 |
Magnolia Oil & Gas Corp., Class A | 91,066 | 2,076,305 |
Marathon Oil Corp. | 330,562 | 8,710,309 |
Marathon Petroleum Corp. | 226,516 | 32,339,689 |
Matador Resources Co. | 60,804 | 3,861,054 |
Murphy Oil Corp. | 78,696 | 3,572,798 |
Nabors Industries Ltd. * | 4,885 | 540,721 |
New Fortress Energy, Inc. | 24,711 | 767,029 |
NexTier Oilfield Solutions, Inc. * | 77,876 | 826,264 |
Noble Corp. plc | 55,488 | 2,926,437 |
Northern Oil and Gas, Inc. | 43,009 | 1,799,066 |
NOV, Inc. | 209,448 | 4,425,636 |
Occidental Petroleum Corp. | 383,842 | 24,101,439 |
Oceaneering International, Inc. * | 55,215 | 1,258,350 |
ONEOK, Inc. | 237,645 | 15,494,454 |
Ovintiv, Inc. | 130,411 | 6,124,101 |
Par Pacific Holdings, Inc. * | 32,355 | 1,111,394 |
Patterson-UTI Energy, Inc. | 111,687 | 1,579,254 |
PBF Energy, Inc., Class A | 58,445 | 2,740,486 |
Peabody Energy Corp. | 61,347 | 1,323,868 |
Permian Resources Corp. | 124,127 | 1,760,121 |
Phillips 66 | 245,022 | 27,971,712 |
Pioneer Natural Resources Co. | 124,999 | 29,741,012 |
ProFrac Holding Corp., Class A * | 17,071 | 187,781 |
ProPetro Holding Corp. * | 51,728 | 498,658 |
Range Resources Corp. | 128,322 | 4,155,066 |
RPC, Inc. | 45,518 | 363,689 |
Schlumberger N.V. | 760,335 | 44,829,352 |
SM Energy Co. | 65,062 | 2,752,773 |
Southwestern Energy Co. * | 583,284 | 3,954,666 |
Talos Energy, Inc. * | 57,930 | 997,555 |
Targa Resources Corp. | 120,713 | 10,411,496 |
TechnipFMC plc | 235,320 | 4,480,493 |
Tellurian, Inc. * | 270,364 | 302,808 |
Texas Pacific Land Corp. | 3,290 | 6,200,827 |
The Williams Cos., Inc. | 648,630 | 22,397,194 |
Transocean Ltd. * | 377,726 | 3,089,799 |
Uranium Energy Corp. * | 195,415 | 844,193 |
US Silica Holdings, Inc. * | 40,312 | 497,047 |
Valaris Ltd. * | 31,751 | 2,391,485 |
Valero Energy Corp. | 193,072 | 25,080,053 |
Vital Energy, Inc. * | 10,061 | 606,578 |
Vitesse Energy, Inc. | 13,385 | 311,067 |
Weatherford International plc * | 35,108 | 3,107,760 |
World Fuel Services Corp. | 33,079 | 724,430 |
1,040,455,326 | ||
Equity Real Estate Investment Trusts (REITs) 2.7% | ||
Acadia Realty Trust | 50,890 | 757,752 |
Agree Realty Corp. | 49,719 | 3,073,629 |
Alexander & Baldwin, Inc. | 37,984 | 684,092 |
Alexander's, Inc. | 1,052 | 201,721 |
Alexandria Real Estate Equities, Inc. | 84,135 | 9,788,266 |
American Assets Trust, Inc. | 27,424 | 587,148 |
American Homes 4 Rent, Class A | 167,570 | 6,039,223 |
American Tower Corp. | 248,343 | 45,029,553 |
Americold Realty Trust, Inc. | 143,486 | 4,828,304 |
Apartment Income REIT Corp. | 79,750 | 2,716,285 |
Apartment Investment & Management Co., Class A | 79,176 | 602,529 |
Apple Hospitality REIT, Inc. | 112,321 | 1,687,061 |
Armada Hoffler Properties, Inc. | 34,318 | 390,882 |
AvalonBay Communities, Inc. | 75,746 | 13,923,630 |
Boston Properties, Inc. | 76,680 | 5,119,924 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Brandywine Realty Trust | 92,862 | 464,310 |
Brixmor Property Group, Inc. | 160,015 | 3,517,130 |
Broadstone Net Lease, Inc. | 100,216 | 1,620,493 |
Camden Property Trust | 56,977 | 6,131,865 |
CareTrust REIT, Inc. | 53,048 | 1,068,917 |
Centerspace | 8,139 | 526,919 |
Chatham Lodging Trust | 24,839 | 242,925 |
City Office REIT, Inc. | 26,532 | 133,721 |
Community Healthcare Trust, Inc. | 13,358 | 443,352 |
Corporate Office Properties Trust | 59,814 | 1,547,986 |
Cousins Properties, Inc. | 81,101 | 1,905,873 |
Crown Castle, Inc. | 232,030 | 23,319,015 |
CubeSmart | 120,117 | 5,010,080 |
DiamondRock Hospitality Co. | 109,403 | 881,788 |
Digital Realty Trust, Inc. | 155,895 | 20,534,489 |
Diversified Healthcare Trust | 120,369 | 326,802 |
Douglas Emmett, Inc. | 91,858 | 1,255,699 |
Easterly Government Properties, Inc. | 52,269 | 698,837 |
EastGroup Properties, Inc. | 23,621 | 4,243,040 |
Elme Communities | 46,925 | 721,706 |
Empire State Realty Trust, Inc., Class A | 68,377 | 596,931 |
EPR Properties | 40,360 | 1,807,321 |
Equinix, Inc. | 49,942 | 39,023,680 |
Equity Commonwealth | 58,442 | 1,112,151 |
Equity LifeStyle Properties, Inc. | 93,239 | 6,243,283 |
Equity Residential | 180,965 | 11,731,961 |
Essential Properties Realty Trust, Inc. | 79,187 | 1,902,072 |
Essex Property Trust, Inc. | 33,922 | 8,086,666 |
Extra Space Storage, Inc. | 112,768 | 14,510,986 |
Federal Realty Investment Trust | 38,895 | 3,809,376 |
First Industrial Realty Trust, Inc. | 68,259 | 3,545,372 |
Four Corners Property Trust, Inc. | 46,024 | 1,157,964 |
Franklin Street Properties Corp. | 52,789 | 101,355 |
Gaming & Leisure Properties, Inc. | 139,557 | 6,615,002 |
Getty Realty Corp. | 23,978 | 719,820 |
Gladstone Commercial Corp. | 22,561 | 296,677 |
Global Medical REIT, Inc. | 33,881 | 327,968 |
Global Net Lease, Inc. | 55,396 | 628,745 |
Healthcare Realty Trust, Inc. | 203,706 | 3,568,929 |
Healthpeak Properties, Inc. | 288,549 | 5,938,338 |
Highwoods Properties, Inc. | 56,708 | 1,351,352 |
Host Hotels & Resorts, Inc. | 380,041 | 6,000,847 |
Hudson Pacific Properties, Inc. | 68,739 | 468,113 |
Independence Realty Trust, Inc. | 119,778 | 2,015,864 |
Industrial Logistics Properties Trust | 32,204 | 126,562 |
Innovative Industrial Properties, Inc. | 15,123 | 1,319,935 |
InvenTrust Properties Corp. | 36,572 | 874,437 |
Invitation Homes, Inc. | 308,353 | 10,511,754 |
Iron Mountain, Inc. | 155,632 | 9,888,857 |
JBG SMITH Properties | 53,278 | 835,399 |
Kilroy Realty Corp. | 56,614 | 2,091,887 |
Kimco Realty Corp. | 325,027 | 6,156,011 |
Kite Realty Group Trust | 116,339 | 2,625,771 |
Lamar Advertising Co., Class A | 46,858 | 4,274,387 |
LTC Properties, Inc. | 22,019 | 723,544 |
LXP Industrial Trust | 156,300 | 1,534,866 |
Medical Properties Trust, Inc. | 319,742 | 2,308,537 |
Mid-America Apartment Communities, Inc. | 62,217 | 9,035,775 |
National Health Investors, Inc. | 23,454 | 1,199,203 |
National Storage Affiliates Trust | 44,111 | 1,482,130 |
NexPoint Diversified Real Estate Trust | 18,457 | 174,603 |
NexPoint Residential Trust, Inc. | 12,235 | 459,424 |
NNN REIT, Inc. | 96,363 | 3,795,739 |
Office Properties Income Trust | 31,600 | 233,840 |
Omega Healthcare Investors, Inc. | 125,358 | 3,988,892 |
One Liberty Properties, Inc. | 9,850 | 193,552 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Orion Office REIT, Inc. | 35,784 | 208,621 |
Outfront Media, Inc. | 79,135 | 898,182 |
Paramount Group, Inc. | 94,571 | 486,095 |
Park Hotels & Resorts, Inc. | 115,344 | 1,479,864 |
Peakstone Realty Trust | 19,182 | 376,926 |
Pebblebrook Hotel Trust | 66,676 | 964,802 |
Phillips Edison & Co., Inc. | 62,688 | 2,122,616 |
Physicians Realty Trust | 127,975 | 1,780,132 |
Piedmont Office Realty Trust, Inc., Class A | 66,942 | 459,892 |
PotlatchDeltic Corp. | 42,482 | 2,007,699 |
Prologis, Inc. | 492,791 | 61,204,642 |
Public Storage | 84,284 | 23,294,412 |
Rayonier, Inc. | 78,497 | 2,347,060 |
Realty Income Corp. | 358,725 | 20,102,949 |
Regency Centers Corp. | 86,032 | 5,351,190 |
Retail Opportunity Investments Corp. | 66,194 | 890,971 |
Rexford Industrial Realty, Inc. | 107,453 | 5,745,512 |
RLJ Lodging Trust | 86,955 | 868,680 |
RPT Realty | 48,381 | 548,641 |
Ryman Hospitality Properties, Inc. | 31,411 | 2,670,877 |
Sabra Health Care REIT, Inc. | 126,507 | 1,585,133 |
Safehold, Inc. | 21,484 | 457,180 |
Saul Centers, Inc. | 7,449 | 279,784 |
SBA Communications Corp. | 57,901 | 13,000,512 |
Service Properties Trust | 89,442 | 738,791 |
Simon Property Group, Inc. | 174,520 | 19,806,275 |
SITE Centers Corp. | 96,652 | 1,290,304 |
SL Green Realty Corp. (a) | 35,318 | 1,386,585 |
Spirit Realty Capital, Inc. | 75,132 | 2,900,847 |
STAG Industrial, Inc. | 95,583 | 3,491,647 |
Star Holdings * | 7,729 | 105,269 |
Summit Hotel Properties, Inc. | 57,469 | 333,895 |
Sun Communities, Inc. | 66,489 | 8,139,583 |
Sunstone Hotel Investors, Inc. | 110,177 | 989,389 |
Tanger Factory Outlet Centers, Inc. | 55,894 | 1,299,535 |
Terreno Realty Corp. | 39,676 | 2,415,872 |
The Macerich Co. | 116,351 | 1,360,143 |
The Necessity Retail REIT, Inc. | 73,814 | 553,605 |
UDR, Inc. | 164,909 | 6,579,869 |
UMH Properties, Inc. | 30,735 | 459,488 |
Uniti Group, Inc. | 134,203 | 720,670 |
Universal Health Realty Income Trust | 6,510 | 303,561 |
Urban Edge Properties | 63,724 | 1,042,525 |
Ventas, Inc. | 213,126 | 9,309,344 |
Veris Residential, Inc. * | 42,598 | 792,749 |
VICI Properties, Inc. | 536,304 | 16,539,615 |
Vornado Realty Trust | 86,735 | 2,083,375 |
Welltower, Inc. | 264,803 | 21,946,873 |
Weyerhaeuser Co. | 391,150 | 12,810,162 |
WP Carey, Inc. | 114,115 | 7,423,181 |
Xenia Hotels & Resorts, Inc. | 59,792 | 705,546 |
630,081,894 | ||
Financial Services 7.6% | ||
Affiliated Managers Group, Inc. | 19,081 | 2,557,045 |
Affirm Holdings, Inc. * | 113,079 | 2,353,174 |
AGNC Investment Corp. | 318,904 | 3,160,339 |
Alerus Financial Corp. | 9,902 | 193,089 |
Ally Financial, Inc. | 161,084 | 4,460,416 |
AlTi Global, Inc. *(a) | 12,371 | 90,432 |
American Express Co. | 317,539 | 50,167,987 |
Ameriprise Financial, Inc. | 56,103 | 18,939,251 |
Annaly Capital Management, Inc. | 258,945 | 5,248,815 |
Apollo Commercial Real Estate Finance, Inc. | 68,124 | 743,914 |
Apollo Global Management, Inc. | 230,005 | 20,088,637 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Arbor Realty Trust, Inc. | 96,648 | 1,542,502 |
Ares Management Corp., Class A | 87,022 | 9,001,556 |
ARMOUR Residential REIT, Inc. | 108,543 | 532,946 |
Artisan Partners Asset Management, Inc., Class A | 36,682 | 1,409,322 |
Assetmark Financial Holdings, Inc. * | 10,926 | 315,652 |
Avantax, Inc. * | 21,009 | 439,508 |
AvidXchange Holdings, Inc. * | 74,216 | 762,940 |
B. Riley Financial, Inc. (a) | 9,037 | 462,740 |
Berkshire Hathaway, Inc., Class B * | 952,388 | 343,050,158 |
BGC Group, Inc., Class A | 181,515 | 896,684 |
BlackRock, Inc. | 79,916 | 55,984,355 |
Blackstone Mortgage Trust, Inc., Class A | 91,692 | 2,019,058 |
Blackstone, Inc. | 377,040 | 40,105,745 |
Block, Inc. * | 289,198 | 16,672,265 |
Blue Owl Capital, Inc. | 189,934 | 2,269,711 |
Bread Financial Holdings, Inc. | 27,159 | 1,020,635 |
Brightsphere Investment Group, Inc. | 16,406 | 339,768 |
BrightSpire Capital, Inc. | 68,485 | 476,656 |
Cannae Holdings, Inc. * | 39,325 | 771,950 |
Cantaloupe, Inc. * | 28,052 | 222,172 |
Capital One Financial Corp. | 204,026 | 20,890,222 |
Cass Information Systems, Inc. | 6,983 | 267,728 |
Cboe Global Markets, Inc. | 56,321 | 8,431,817 |
Chimera Investment Corp. | 129,220 | 781,781 |
Claros Mortgage Trust, Inc. | 64,741 | 737,400 |
CME Group, Inc. | 192,199 | 38,954,893 |
Cohen & Steers, Inc. | 13,819 | 900,722 |
Coinbase Global, Inc., Class A * | 88,888 | 7,075,485 |
Corebridge Financial, Inc. | 79,004 | 1,408,641 |
Credit Acceptance Corp. * | 3,168 | 1,589,607 |
Curo Group Holdings Corp. * | 15,661 | 16,914 |
Diamond Hill Investment Group, Inc. | 1,690 | 285,204 |
Discover Financial Services | 135,677 | 12,220,427 |
Donnelley Financial Solutions, Inc. * | 13,709 | 675,442 |
Dynex Capital, Inc. | 28,674 | 371,615 |
Ellington Financial, Inc. | 34,199 | 457,241 |
Enact Holdings, Inc. | 19,295 | 552,995 |
Encore Capital Group, Inc. * | 12,471 | 584,391 |
Enova International, Inc. * | 16,538 | 834,342 |
Equitable Holdings, Inc. | 176,667 | 5,088,010 |
Essent Group Ltd. | 56,468 | 2,835,823 |
Euronet Worldwide, Inc. * | 25,104 | 2,193,085 |
Evercore, Inc., Class A | 18,978 | 2,657,869 |
EVERTEC, Inc. | 34,417 | 1,361,881 |
FactSet Research Systems, Inc. | 20,488 | 8,941,168 |
Federal Agricultural Mortgage Corp., Class C | 5,442 | 915,997 |
Federated Hermes, Inc. | 44,914 | 1,561,211 |
Fidelity National Information Services, Inc. | 316,691 | 17,690,359 |
FirstCash Holdings, Inc. | 19,630 | 1,753,352 |
Fiserv, Inc. * | 329,438 | 39,990,479 |
FleetCor Technologies, Inc. * | 39,424 | 10,712,683 |
Flywire Corp. * | 39,245 | 1,357,092 |
Focus Financial Partners, Inc., Class A *(c) | 31,038 | 1,645,014 |
Forge Global Holdings, Inc. *(a) | 55,165 | 135,154 |
Franklin BSP Realty Trust, Inc. | 43,563 | 615,981 |
Franklin Resources, Inc. | 151,940 | 4,062,876 |
Global Payments, Inc. | 139,939 | 17,728,872 |
Granite Point Mortgage Trust, Inc. | 28,072 | 149,904 |
Green Dot Corp., Class A * | 24,990 | 370,852 |
Hamilton Lane, Inc., Class A | 19,747 | 1,832,324 |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 56,213 | 1,257,485 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Houlihan Lokey, Inc. | 26,931 | 2,836,912 |
Interactive Brokers Group, Inc., Class A | 54,891 | 4,999,472 |
Intercontinental Exchange, Inc. | 298,961 | 35,274,408 |
International Money Express, Inc. * | 16,867 | 291,799 |
Invesco Ltd. | 245,578 | 3,909,602 |
Invesco Mortgage Capital, Inc. | 21,585 | 242,831 |
Jack Henry & Associates, Inc. | 39,014 | 6,116,615 |
Jackson Financial, Inc., Class A | 31,569 | 1,186,994 |
Janus Henderson Group plc | 71,004 | 1,950,480 |
Jefferies Financial Group, Inc. | 99,774 | 3,560,934 |
KKR & Co., Inc. | 308,762 | 19,393,341 |
KKR Real Estate Finance Trust, Inc. | 30,262 | 378,578 |
Ladder Capital Corp. | 57,235 | 627,296 |
Lazard Ltd., Class A | 61,040 | 2,120,530 |
LendingClub Corp. * | 55,696 | 387,644 |
LendingTree, Inc. * | 5,642 | 106,690 |
LPL Financial Holdings, Inc. | 41,484 | 9,565,796 |
MarketAxess Holdings, Inc. | 20,054 | 4,831,610 |
Marqeta, Inc., Class A * | 235,863 | 1,450,557 |
Mastercard, Inc., Class A | 447,047 | 184,469,474 |
Merchants Bancorp | 13,373 | 390,090 |
MFA Financial, Inc. | 47,586 | 521,543 |
MGIC Investment Corp. | 159,006 | 2,795,325 |
Moelis & Co., Class A | 35,732 | 1,694,054 |
Moneylion, Inc. * | 2,607 | 58,345 |
Moody's Corp. | 84,251 | 28,375,737 |
Morgan Stanley | 695,830 | 59,249,924 |
Morningstar, Inc. | 13,372 | 3,111,263 |
Mr Cooper Group, Inc. * | 35,929 | 2,035,737 |
MSCI, Inc. | 42,825 | 23,280,526 |
Nasdaq, Inc. | 180,732 | 9,484,815 |
Navient Corp. | 53,599 | 946,022 |
Nelnet, Inc., Class A | 9,490 | 871,656 |
NerdWallet, Inc., Class A * | 16,601 | 149,409 |
New York Mortgage Trust, Inc. | 52,063 | 495,640 |
NewtekOne, Inc. (a) | 13,763 | 246,495 |
NMI Holdings, Inc., Class A * | 43,655 | 1,249,406 |
Northern Trust Corp. | 110,451 | 8,402,008 |
OneMain Holdings, Inc. | 63,982 | 2,655,893 |
Open Lending Corp., Class A * | 54,075 | 446,119 |
Payoneer Global, Inc. * | 105,545 | 653,324 |
PayPal Holdings, Inc. * | 595,578 | 37,229,581 |
PennyMac Financial Services, Inc. | 15,653 | 1,123,416 |
PennyMac Mortgage Investment Trust | 46,950 | 629,599 |
Piper Sandler Cos. | 7,878 | 1,173,664 |
PJT Partners, Inc., Class A | 12,999 | 1,026,791 |
PRA Group, Inc. * | 20,294 | 395,327 |
PROG Holdings, Inc. * | 24,892 | 853,796 |
Radian Group, Inc. | 83,914 | 2,272,391 |
Raymond James Financial, Inc. | 101,913 | 10,659,081 |
Ready Capital Corp. | 83,919 | 916,395 |
Redwood Trust, Inc. | 63,600 | 509,436 |
Remitly Global, Inc. * | 53,337 | 1,341,426 |
Repay Holdings Corp. * | 40,577 | 374,120 |
Rithm Capital Corp. | 256,596 | 2,645,505 |
Robinhood Markets, Inc., Class A * | 278,795 | 3,036,078 |
Rocket Cos., Inc., Class A *(a) | 68,432 | 730,854 |
S&P Global, Inc. | 175,050 | 68,420,043 |
SEI Investments Co. | 53,741 | 3,335,166 |
Shift4 Payments, Inc., Class A * | 30,633 | 1,739,648 |
SLM Corp. | 130,453 | 1,857,651 |
SoFi Technologies, Inc. * | 441,874 | 3,826,629 |
Starwood Property Trust, Inc. | 166,529 | 3,402,187 |
State Street Corp. | 178,496 | 12,269,815 |
StepStone Group, Inc., Class A | 26,944 | 831,761 |
Stifel Financial Corp. | 56,904 | 3,699,898 |
StoneX Group, Inc. * | 9,237 | 867,170 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Synchrony Financial | 228,881 | 7,388,279 |
T. Rowe Price Group, Inc. | 119,261 | 13,384,662 |
TFS Financial Corp. | 24,605 | 334,874 |
The Bank of New York Mellon Corp. | 383,560 | 17,210,337 |
The Carlyle Group, Inc. | 116,103 | 3,755,932 |
The Charles Schwab Corp. (d) | 787,506 | 46,580,980 |
The Goldman Sachs Group, Inc. | 177,575 | 58,193,103 |
The Western Union Co. | 200,797 | 2,479,843 |
Toast, Inc., Class A * | 180,452 | 4,000,621 |
TPG RE Finance Trust, Inc. | 32,986 | 248,055 |
TPG, Inc. | 28,598 | 804,176 |
Tradeweb Markets, Inc., Class A | 61,348 | 5,302,308 |
Two Harbors Investment Corp. | 53,766 | 740,358 |
Upstart Holdings, Inc. *(a) | 38,477 | 1,237,805 |
UWM Holdings Corp. (a) | 49,804 | 296,832 |
Victory Capital Holdings, Inc., Class A | 14,123 | 486,114 |
Virtu Financial, Inc., Class A | 47,699 | 893,879 |
Virtus Investment Partners, Inc. | 3,623 | 750,323 |
Visa, Inc., Class A | 864,129 | 212,299,213 |
Voya Financial, Inc. | 52,542 | 3,661,127 |
Walker & Dunlop, Inc. | 16,544 | 1,411,865 |
Waterstone Financial, Inc. | 10,817 | 134,239 |
WEX, Inc. * | 22,879 | 4,488,402 |
WisdomTree, Inc. | 62,384 | 455,403 |
World Acceptance Corp. * | 1,641 | 221,223 |
1,790,936,035 | ||
Food, Beverage & Tobacco 3.0% | ||
Altria Group, Inc. | 954,803 | 42,221,389 |
Archer-Daniels-Midland Co. | 289,816 | 22,982,409 |
B&G Foods, Inc. | 37,943 | 485,291 |
Beyond Meat, Inc. *(a) | 33,700 | 397,660 |
BRC, Inc., Class A *(a) | 18,991 | 85,839 |
Brown-Forman Corp., Class B | 128,268 | 8,482,363 |
Bunge Ltd. | 80,519 | 9,204,932 |
Calavo Growers, Inc. | 10,250 | 337,840 |
Cal-Maine Foods, Inc. | 19,902 | 951,117 |
Campbell Soup Co. | 107,543 | 4,484,543 |
Celsius Holdings, Inc. * | 21,670 | 4,248,187 |
Coca-Cola Consolidated, Inc. | 2,475 | 1,729,777 |
Conagra Brands, Inc. | 255,008 | 7,619,639 |
Constellation Brands, Inc., Class A | 85,946 | 22,394,090 |
Darling Ingredients, Inc. * | 84,883 | 5,242,374 |
Flowers Foods, Inc. | 103,743 | 2,444,185 |
Fresh Del Monte Produce, Inc. | 16,175 | 413,271 |
Freshpet, Inc. * | 25,437 | 1,920,748 |
General Mills, Inc. | 313,643 | 21,221,085 |
Hormel Foods Corp. | 155,018 | 5,982,145 |
Hostess Brands, Inc. * | 70,751 | 2,014,988 |
Ingredion, Inc. | 35,008 | 3,602,673 |
J&J Snack Foods Corp. | 8,121 | 1,316,658 |
John B Sanfilippo & Son, Inc. | 4,938 | 495,528 |
Kellogg Co. | 137,450 | 8,387,199 |
Keurig Dr Pepper, Inc. | 447,395 | 15,054,842 |
Lamb Weston Holdings, Inc. | 77,686 | 7,567,393 |
Lancaster Colony Corp. | 10,535 | 1,740,277 |
McCormick & Co., Inc. Non Voting Shares | 134,215 | 11,016,367 |
MGP Ingredients, Inc. | 8,373 | 1,003,923 |
Mission Produce, Inc. * | 21,736 | 206,927 |
Molson Coors Beverage Co., Class B | 100,512 | 6,381,507 |
Mondelez International, Inc., Class A | 726,858 | 51,795,901 |
Monster Beverage Corp. * | 407,530 | 23,396,297 |
National Beverage Corp. * | 12,733 | 653,330 |
PepsiCo, Inc. | 736,563 | 131,049,289 |
Philip Morris International, Inc. | 828,897 | 79,623,846 |
Pilgrim's Pride Corp. * | 24,390 | 613,652 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Post Holdings, Inc. * | 28,719 | 2,576,381 |
Seaboard Corp. | 132 | 497,684 |
Sovos Brands, Inc. * | 25,757 | 576,957 |
The Boston Beer Co., Inc., Class A * | 4,959 | 1,812,167 |
The Coca-Cola Co. | 2,080,301 | 124,464,409 |
The Duckhorn Portfolio, Inc. * | 22,470 | 279,527 |
The Hain Celestial Group, Inc. * | 48,878 | 517,618 |
The Hershey Co. | 78,592 | 16,886,277 |
The J.M. Smucker Co. | 56,978 | 8,258,961 |
The Kraft Heinz Co. | 426,485 | 14,112,389 |
The Simply Good Foods Co. * | 44,933 | 1,621,183 |
The Vita Coco Co., Inc. * | 12,658 | 358,095 |
Tootsie Roll Industries, Inc. | 10,023 | 322,239 |
TreeHouse Foods, Inc. * | 27,372 | 1,273,345 |
Turning Point Brands, Inc. | 8,993 | 221,408 |
Tyson Foods, Inc., Class A | 152,920 | 8,146,048 |
Universal Corp. | 13,401 | 638,156 |
Utz Brands, Inc. | 35,051 | 541,187 |
Vector Group Ltd. | 69,374 | 742,996 |
Vital Farms, Inc. * | 15,646 | 184,310 |
Westrock Coffee Co. * | 6,641 | 66,676 |
692,867,494 | ||
Health Care Equipment & Services 5.3% | ||
23andMe Holding Co., Class A * | 156,855 | 172,540 |
Abbott Laboratories | 928,882 | 95,581,958 |
Acadia Healthcare Co., Inc. * | 49,156 | 3,789,928 |
Accolade, Inc. * | 33,794 | 455,881 |
AdaptHealth Corp. * | 40,664 | 485,122 |
Addus HomeCare Corp. * | 8,691 | 762,201 |
Agiliti, Inc. * | 18,183 | 175,466 |
agilon health, Inc. * | 155,288 | 2,751,703 |
AirSculpt Technologies, Inc. *(a) | 2,323 | 17,841 |
Akili, Inc., Class A * | 18,240 | 17,879 |
Align Technology, Inc. * | 38,009 | 14,068,651 |
Alignment Healthcare, Inc. * | 43,593 | 254,583 |
Amedisys, Inc. * | 17,508 | 1,641,375 |
American Well Corp., Class A * | 130,164 | 184,833 |
AMN Healthcare Services, Inc. * | 21,202 | 1,873,833 |
AngioDynamics, Inc. * | 22,048 | 177,045 |
Apollo Medical Holdings, Inc. * | 20,978 | 794,227 |
Artivion, Inc. * | 23,157 | 391,816 |
AtriCure, Inc. * | 25,418 | 1,147,623 |
Atrion Corp. | 747 | 347,430 |
Avanos Medical, Inc. * | 24,752 | 520,782 |
Aveanna Healthcare Holdings, Inc. * | 32,406 | 46,665 |
AxoGen, Inc. * | 23,010 | 144,043 |
Axonics, Inc. * | 26,632 | 1,526,014 |
Baxter International, Inc. | 271,167 | 11,009,380 |
Becton Dickinson & Co. | 151,343 | 42,292,801 |
Bioventus, Inc., Class A * | 19,441 | 69,988 |
Boston Scientific Corp. * | 768,086 | 41,430,559 |
Brookdale Senior Living, Inc. * | 98,421 | 418,289 |
Butterfly Network, Inc. *(a) | 52,621 | 93,139 |
Cano Health, Inc. * | 115,181 | 35,625 |
Cardinal Health, Inc. | 135,842 | 11,863,082 |
Castle Biosciences, Inc. * | 12,794 | 254,984 |
Cencora, Inc. | 86,984 | 15,307,444 |
Centene Corp. * | 292,831 | 18,053,031 |
Certara, Inc. * | 57,198 | 924,320 |
Cerus Corp. * | 94,507 | 178,618 |
Chemed Corp. | 7,964 | 4,073,108 |
Clover Health Investments Corp. * | 191,732 | 251,169 |
Community Health Systems, Inc. * | 64,005 | 216,337 |
Computer Programs & Systems, Inc. * | 8,348 | 135,822 |
CONMED Corp. | 16,411 | 1,829,170 |
CorVel Corp. * | 4,874 | 1,054,977 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
CVS Health Corp. | 684,391 | 44,601,761 |
DaVita, Inc. * | 29,459 | 3,017,191 |
Definitive Healthcare Corp., Class A * | 22,679 | 213,183 |
Dentsply Sirona, Inc. | 113,282 | 4,201,629 |
DexCom, Inc. * | 207,172 | 20,920,229 |
DocGo, Inc. * | 44,658 | 399,689 |
Doximity, Inc., Class A * | 63,426 | 1,512,076 |
Edwards Lifesciences Corp. * | 322,659 | 24,673,734 |
Elevance Health, Inc. | 126,733 | 56,017,253 |
Embecta Corp. | 30,195 | 553,474 |
Encompass Health Corp. | 53,176 | 3,777,623 |
Enovis Corp. * | 25,813 | 1,446,561 |
Envista Holdings Corp. * | 87,643 | 2,806,329 |
Evolent Health, Inc., Class A * | 51,097 | 1,303,484 |
Fulgent Genetics, Inc. * | 11,287 | 369,762 |
GE Healthcare, Inc. | 208,322 | 14,676,285 |
GeneDx Holdings Corp. * | 9,801 | 43,614 |
Glaukos Corp. * | 25,614 | 1,924,636 |
Globus Medical, Inc., Class A * | 42,745 | 2,312,504 |
GoodRx Holdings, Inc., Class A * | 41,211 | 269,108 |
Guardant Health, Inc. * | 61,188 | 2,391,227 |
Haemonetics Corp. * | 27,019 | 2,424,415 |
HCA Healthcare, Inc. | 110,164 | 30,548,477 |
Health Catalyst, Inc. * | 30,589 | 357,585 |
HealthEquity, Inc. * | 45,902 | 3,100,680 |
HealthStream, Inc. | 12,028 | 252,949 |
Henry Schein, Inc. * | 69,918 | 5,351,524 |
Hims & Hers Health, Inc. * | 65,342 | 438,445 |
Hologic, Inc. * | 131,549 | 9,831,972 |
Humana, Inc. | 66,747 | 30,812,418 |
ICU Medical, Inc. * | 10,882 | 1,578,216 |
IDEXX Laboratories, Inc. * | 44,324 | 22,667,737 |
Inari Medical, Inc. * | 27,591 | 1,838,112 |
Innovage Holding Corp. *(a) | 12,189 | 66,796 |
Inogen, Inc. * | 14,634 | 90,877 |
Inspire Medical Systems, Inc. * | 15,490 | 3,514,371 |
Insulet Corp. * | 37,232 | 7,137,747 |
Integer Holdings Corp. * | 17,577 | 1,499,494 |
Integra LifeSciences Holdings Corp. * | 38,688 | 1,645,788 |
Intuitive Surgical, Inc. * | 187,206 | 58,535,572 |
Invitae Corp. *(a) | 138,921 | 128,377 |
iRhythm Technologies, Inc. * | 16,458 | 1,701,263 |
Laboratory Corp. of America Holdings | 47,455 | 9,875,385 |
Lantheus Holdings, Inc. * | 36,432 | 2,493,406 |
LeMaitre Vascular, Inc. | 10,742 | 620,995 |
LifeStance Health Group, Inc. * | 49,815 | 408,981 |
LivaNova plc * | 28,583 | 1,587,786 |
Masimo Corp. * | 25,926 | 2,962,823 |
McKesson Corp. | 72,396 | 29,850,319 |
Medtronic plc | 710,154 | 57,877,551 |
Merit Medical Systems, Inc. * | 30,461 | 1,988,494 |
ModivCare, Inc. * | 7,060 | 226,626 |
Molina Healthcare, Inc. * | 31,230 | 9,685,048 |
Multiplan Corp. * | 129,385 | 221,248 |
National HealthCare Corp. | 7,164 | 472,466 |
National Research Corp. | 7,892 | 329,886 |
Neogen Corp. * | 116,234 | 2,687,330 |
NeoGenomics, Inc. * | 66,975 | 1,006,634 |
Nevro Corp. * | 19,518 | 391,141 |
NextGen Healthcare, Inc. * | 29,026 | 528,563 |
Novocure Ltd. * | 48,809 | 1,076,727 |
NuVasive, Inc. * | 28,690 | 1,140,427 |
OmniAb, Inc., Class A *(c) | 3,072 | 0 |
OmniAb, Inc., Class B *(c) | 3,072 | 0 |
Omnicell, Inc. * | 24,242 | 1,378,400 |
OPKO Health, Inc. * | 221,002 | 404,434 |
Option Care Health, Inc. * | 88,882 | 3,095,760 |
OraSure Technologies, Inc. * | 41,221 | 266,288 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Orchestra BioMed Holdings, Inc. * | 6,953 | 43,387 |
Orthofix Medical, Inc. * | 17,870 | 378,129 |
OrthoPediatrics Corp. * | 8,785 | 335,763 |
Outset Medical, Inc. * | 27,506 | 374,357 |
Owens & Minor, Inc. * | 40,762 | 688,878 |
Paragon 28, Inc. * | 15,828 | 226,815 |
Patterson Cos., Inc. | 46,068 | 1,383,883 |
Pediatrix Medical Group, Inc. * | 45,338 | 640,626 |
Penumbra, Inc. * | 20,391 | 5,393,419 |
PetIQ, Inc. * | 14,757 | 281,564 |
Phreesia, Inc. * | 28,433 | 809,488 |
Premier, Inc., Class A | 62,867 | 1,353,527 |
Privia Health Group, Inc. * | 51,068 | 1,340,535 |
PROCEPT BioRobotics Corp. * | 17,089 | 582,906 |
Progyny, Inc. * | 40,906 | 1,527,430 |
Pulmonx Corp. * | 18,926 | 197,966 |
Quest Diagnostics, Inc. | 59,769 | 7,859,623 |
QuidelOrtho Corp. * | 29,108 | 2,397,335 |
R1 RCM, Inc. * | 73,595 | 1,268,778 |
RadNet, Inc. * | 30,453 | 1,017,435 |
ResMed, Inc. | 78,452 | 12,520,155 |
Schrodinger, Inc. * | 28,265 | 1,042,696 |
Select Medical Holdings Corp. | 56,014 | 1,636,169 |
Semler Scientific, Inc. * | 2,627 | 69,248 |
Senseonics Holdings, Inc. *(a) | 255,415 | 129,802 |
Sharecare, Inc. * | 179,100 | 169,715 |
Shockwave Medical, Inc. * | 19,569 | 4,312,812 |
SI-BONE, Inc. * | 17,228 | 394,177 |
Sight Sciences, Inc. * | 13,984 | 91,735 |
Silk Road Medical, Inc. * | 20,535 | 396,736 |
Simulations Plus, Inc. | 8,579 | 381,680 |
STAAR Surgical Co. * | 26,238 | 1,137,680 |
STERIS plc | 52,679 | 12,094,572 |
Stryker Corp. | 180,346 | 51,137,108 |
Surgery Partners, Inc. * | 37,443 | 1,357,683 |
Surmodics, Inc. * | 7,974 | 293,603 |
Tandem Diabetes Care, Inc. * | 33,922 | 928,106 |
Teladoc Health, Inc. * | 87,655 | 1,984,509 |
Teleflex, Inc. | 24,995 | 5,317,436 |
Tenet Healthcare Corp. * | 54,450 | 4,223,142 |
The Cigna Group | 157,900 | 43,621,454 |
The Cooper Cos., Inc. | 26,456 | 9,788,455 |
The Ensign Group, Inc. | 29,825 | 2,989,061 |
The Joint Corp. * | 7,497 | 69,647 |
The Pennant Group, Inc. * | 16,005 | 191,740 |
TransMedics Group, Inc. * | 17,491 | 1,147,934 |
Treace Medical Concepts, Inc. * | 18,651 | 290,023 |
UnitedHealth Group, Inc. | 497,219 | 236,964,631 |
Universal Health Services, Inc., Class B | 33,542 | 4,518,107 |
US Physical Therapy, Inc. | 7,774 | 783,852 |
Varex Imaging Corp. * | 20,749 | 408,133 |
Veeva Systems, Inc., Class A * | 77,835 | 16,244,164 |
Veradigm, Inc. * | 58,038 | 776,548 |
Vicarious Surgical, Inc. * | 27,206 | 25,155 |
Zimmer Biomet Holdings, Inc. | 111,281 | 13,255,793 |
Zimvie, Inc. * | 10,828 | 127,770 |
1,237,275,242 | ||
Household & Personal Products 1.4% | ||
BellRing Brands, Inc. * | 71,179 | 2,953,929 |
Central Garden & Pet Co. * | 5,310 | 234,383 |
Central Garden & Pet Co., Class A * | 21,949 | 895,519 |
Church & Dwight Co., Inc. | 130,541 | 12,632,453 |
Colgate-Palmolive Co. | 443,552 | 32,587,765 |
Coty, Inc., Class A * | 194,983 | 2,254,003 |
Edgewell Personal Care Co. | 27,544 | 1,062,097 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
elf Beauty, Inc. * | 26,867 | 3,726,722 |
Energizer Holdings, Inc. | 36,125 | 1,240,894 |
Herbalife Ltd. * | 51,507 | 773,635 |
Inter Parfums, Inc. | 9,777 | 1,366,140 |
Kenvue, Inc. | 921,000 | 21,229,056 |
Kimberly-Clark Corp. | 180,475 | 23,250,594 |
Medifast, Inc. | 5,909 | 498,365 |
Nu Skin Enterprises, Inc., Class A | 27,489 | 656,712 |
Olaplex Holdings, Inc. * | 32,029 | 86,799 |
Reynolds Consumer Products, Inc. | 28,598 | 780,439 |
Spectrum Brands Holdings, Inc. | 22,269 | 1,852,113 |
The Beauty Health Co. * | 49,946 | 307,667 |
The Clorox Co. | 66,078 | 10,337,903 |
The Estee Lauder Cos., Inc., Class A | 123,987 | 19,903,633 |
The Honest Co., Inc. * | 30,757 | 45,520 |
The Procter & Gamble Co. | 1,259,422 | 194,379,192 |
USANA Health Sciences, Inc. * | 5,880 | 378,025 |
Veru, Inc. *(a) | 41,771 | 43,442 |
WD-40 Co. | 7,177 | 1,542,122 |
335,019,122 | ||
Insurance 2.2% | ||
Aflac, Inc. | 294,613 | 21,969,291 |
Ambac Financial Group, Inc. * | 22,481 | 289,555 |
American Equity Investment Life Holding Co. | 33,440 | 1,795,059 |
American Financial Group, Inc. | 37,310 | 4,324,975 |
American International Group, Inc. | 386,988 | 22,646,538 |
AMERISAFE, Inc. | 10,136 | 525,045 |
Aon plc, Class A | 109,147 | 36,388,518 |
Arch Capital Group Ltd. * | 198,658 | 15,268,854 |
Argo Group International Holdings Ltd. | 18,315 | 544,871 |
Arthur J. Gallagher & Co. | 114,465 | 26,381,893 |
Assurant, Inc. | 28,473 | 3,967,143 |
Assured Guaranty Ltd. | 31,527 | 1,855,049 |
Axis Capital Holdings Ltd. | 41,585 | 2,281,353 |
Bright Health Group, Inc. * | 1,708 | 14,450 |
Brighthouse Financial, Inc. * | 34,884 | 1,732,339 |
Brown & Brown, Inc. | 125,942 | 9,332,302 |
BRP Group, Inc., Class A * | 33,359 | 887,016 |
Chubb Ltd. | 221,144 | 44,421,195 |
Cincinnati Financial Corp. | 84,180 | 8,905,402 |
CNA Financial Corp. | 14,244 | 560,217 |
CNO Financial Group, Inc. | 61,301 | 1,434,443 |
Employers Holdings, Inc. | 14,201 | 557,105 |
Enstar Group Ltd. * | 7,196 | 1,822,675 |
Erie Indemnity Co., Class A | 13,331 | 3,715,750 |
Everest Group Ltd. | 23,042 | 8,310,789 |
F&G Annuities & Life, Inc. | 9,892 | 280,043 |
Fidelity National Financial, Inc. | 145,533 | 6,025,066 |
First American Financial Corp. | 54,937 | 3,388,514 |
Genworth Financial, Inc., Class A * | 251,933 | 1,458,692 |
Globe Life, Inc. | 47,282 | 5,275,253 |
Goosehead Insurance, Inc., Class A * | 12,585 | 879,188 |
Hagerty, Inc., Class A * | 19,015 | 173,797 |
Hippo Holdings, Inc. * | 7,900 | 78,842 |
Horace Mann Educators Corp. | 22,232 | 637,169 |
James River Group Holdings Ltd. | 19,380 | 282,173 |
Kemper Corp. | 34,285 | 1,610,366 |
Kinsale Capital Group, Inc. | 11,628 | 4,635,270 |
Lemonade, Inc. *(a) | 24,015 | 330,446 |
Lincoln National Corp. | 83,231 | 2,135,707 |
Loews Corp. | 101,004 | 6,271,338 |
Markel Group, Inc. * | 7,103 | 10,504,769 |
Marsh & McLennan Cos., Inc. | 264,783 | 51,630,037 |
MBIA, Inc. * | 27,152 | 214,229 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Mercury General Corp. | 14,846 | 424,744 |
MetLife, Inc. | 343,712 | 21,770,718 |
National Western Life Group, Inc., Class A | 1,238 | 562,721 |
Old Republic International Corp. | 144,635 | 3,955,767 |
Oscar Health, Inc., Class A * | 63,451 | 397,838 |
Palomar Holdings, Inc. * | 13,250 | 675,883 |
Primerica, Inc. | 19,260 | 3,870,490 |
Principal Financial Group, Inc. | 120,325 | 9,350,456 |
ProAssurance Corp. | 29,757 | 526,104 |
Prudential Financial, Inc. | 193,584 | 18,326,597 |
Reinsurance Group of America, Inc. | 35,551 | 4,928,080 |
RenaissanceRe Holdings Ltd. | 26,711 | 5,018,730 |
RLI Corp. | 21,721 | 2,856,746 |
Ryan Specialty Holdings, Inc., Class A * | 49,846 | 2,429,993 |
Safety Insurance Group, Inc. | 8,127 | 559,706 |
Selective Insurance Group, Inc. | 32,282 | 3,202,697 |
Selectquote, Inc. * | 65,741 | 80,204 |
SiriusPoint Ltd. * | 45,706 | 505,508 |
Skyward Specialty Insurance Group, Inc. * | 4,859 | 118,171 |
Stewart Information Services Corp. | 14,537 | 673,354 |
The Allstate Corp. | 139,592 | 15,049,414 |
The Hanover Insurance Group, Inc. | 18,974 | 2,024,905 |
The Hartford Financial Services Group, Inc. | 164,172 | 11,790,833 |
The Progressive Corp. | 312,757 | 41,743,677 |
The Travelers Cos., Inc. | 123,645 | 19,935,283 |
Trupanion, Inc. * | 18,548 | 551,432 |
United Fire Group, Inc. | 11,907 | 235,401 |
Unum Group | 99,183 | 4,878,812 |
W.R. Berkley Corp. | 107,512 | 6,650,692 |
White Mountains Insurance Group Ltd. | 1,369 | 2,174,917 |
Willis Towers Watson plc | 56,797 | 11,743,348 |
512,755,947 | ||
Materials 2.7% | ||
AdvanSix, Inc. | 14,691 | 485,978 |
Air Products and Chemicals, Inc. | 118,724 | 35,081,755 |
Albemarle Corp. | 62,690 | 12,457,130 |
Alcoa Corp. | 95,948 | 2,886,116 |
Alpha Metallurgical Resources, Inc. | 6,963 | 1,412,375 |
Amcor plc | 786,120 | 7,656,809 |
AptarGroup, Inc. | 34,727 | 4,603,411 |
Arch Resources, Inc. | 9,856 | 1,287,194 |
Ashland, Inc. | 26,033 | 2,255,239 |
ATI, Inc. * | 68,180 | 3,090,599 |
Avery Dennison Corp. | 43,038 | 8,107,498 |
Avient Corp. | 46,115 | 1,849,673 |
Axalta Coating Systems Ltd. * | 118,442 | 3,351,909 |
Balchem Corp. | 17,203 | 2,417,022 |
Ball Corp. | 168,122 | 9,154,243 |
Berry Global Group, Inc. | 63,483 | 4,147,979 |
Cabot Corp. | 29,744 | 2,155,250 |
Carpenter Technology Corp. | 26,061 | 1,632,200 |
Celanese Corp. | 53,469 | 6,756,343 |
Century Aluminum Co. * | 28,875 | 214,830 |
CF Industries Holdings, Inc. | 103,985 | 8,014,124 |
Chase Corp. | 4,153 | 525,355 |
Clearwater Paper Corp. * | 9,331 | 357,284 |
Cleveland-Cliffs, Inc. * | 274,522 | 4,197,441 |
Coeur Mining, Inc. * | 180,643 | 435,350 |
Commercial Metals Co. | 61,917 | 3,485,308 |
Compass Minerals International, Inc. | 18,090 | 545,414 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Corteva, Inc. | 378,239 | 19,104,852 |
Crown Holdings, Inc. | 63,967 | 5,927,182 |
Danimer Scientific, Inc. *(a) | 46,650 | 90,968 |
Dow, Inc. | 376,777 | 20,556,953 |
DuPont de Nemours, Inc. | 245,449 | 18,872,574 |
Eagle Materials, Inc. | 19,095 | 3,615,065 |
Eastman Chemical Co. | 63,752 | 5,419,558 |
Ecolab, Inc. | 132,462 | 24,347,840 |
Ecovyst, Inc. * | 36,860 | 377,446 |
Element Solutions, Inc. | 119,514 | 2,464,379 |
FMC Corp. | 66,807 | 5,760,768 |
Freeport-McMoRan, Inc. | 765,623 | 30,556,014 |
Ginkgo Bioworks Holdings, Inc. *(a) | 590,863 | 1,382,619 |
Graphic Packaging Holding Co. | 163,701 | 3,640,710 |
Greif, Inc., Class A | 16,977 | 1,232,360 |
H.B. Fuller Co. | 29,086 | 2,109,608 |
Hawkins, Inc. | 9,782 | 608,343 |
Hecla Mining Co. | 312,015 | 1,369,746 |
Huntsman Corp. | 91,535 | 2,551,080 |
Ingevity Corp. * | 18,024 | 971,313 |
Innospec, Inc. | 13,142 | 1,411,714 |
International Flavors & Fragrances, Inc. | 135,772 | 9,565,137 |
International Paper Co. | 185,394 | 6,473,958 |
Kaiser Aluminum Corp. | 8,783 | 666,805 |
Knife River Corp. * | 26,831 | 1,380,723 |
Koppers Holdings, Inc. | 11,271 | 431,567 |
Kronos Worldwide, Inc. | 13,059 | 109,696 |
Linde plc | 261,567 | 101,236,892 |
Livent Corp. * | 96,205 | 2,065,521 |
Louisiana-Pacific Corp. | 38,386 | 2,398,357 |
LSB Industries, Inc. * | 23,483 | 237,648 |
LyondellBasell Industries N.V., Class A | 135,429 | 13,376,322 |
Martin Marietta Materials, Inc. | 33,073 | 14,764,118 |
Materion Corp. | 10,841 | 1,179,392 |
Mativ Holdings, Inc. | 28,669 | 470,172 |
Mercer International, Inc. | 22,343 | 203,098 |
Minerals Technologies, Inc. | 17,628 | 1,077,071 |
MP Materials Corp. * | 48,622 | 1,018,145 |
Myers Industries, Inc. | 20,369 | 383,141 |
NewMarket Corp. | 3,531 | 1,658,299 |
Newmont Corp. | 426,382 | 16,807,978 |
Nucor Corp. | 134,171 | 23,090,829 |
O-I Glass, Inc. * | 83,219 | 1,652,729 |
Olin Corp. | 64,167 | 3,722,969 |
Orion S.A. | 29,865 | 675,546 |
Packaging Corp. of America | 48,011 | 7,158,440 |
Pactiv Evergreen, Inc. | 21,084 | 173,310 |
Perimeter Solutions S.A. * | 80,868 | 477,930 |
Piedmont Lithium, Inc. * | 8,999 | 402,795 |
PPG Industries, Inc. | 125,878 | 17,844,465 |
PureCycle Technologies, Inc. *(a) | 69,829 | 623,573 |
Quaker Chemical Corp. | 7,355 | 1,305,365 |
Ranpak Holdings Corp. * | 20,649 | 130,708 |
Reliance Steel & Aluminum Co. | 31,709 | 9,035,797 |
Royal Gold, Inc. | 35,185 | 3,943,887 |
RPM International, Inc. | 68,612 | 6,843,361 |
Schnitzer Steel Industries, Inc., Class A | 13,736 | 456,035 |
Sealed Air Corp. | 76,610 | 2,839,167 |
Sensient Technologies Corp. | 22,550 | 1,389,306 |
Silgan Holdings, Inc. | 44,940 | 2,028,142 |
Sonoco Products Co. | 52,148 | 2,995,903 |
Steel Dynamics, Inc. | 85,736 | 9,138,600 |
Stepan Co. | 11,505 | 1,004,041 |
Summit Materials, Inc., Class A * | 62,990 | 2,356,456 |
SunCoke Energy, Inc. | 43,568 | 405,182 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Sylvamo Corp. | 16,817 | 702,446 |
The Chemours Co. | 79,887 | 2,717,756 |
The Mosaic Co. | 177,461 | 6,894,360 |
The Scotts Miracle-Gro Co. | 21,870 | 1,239,154 |
The Sherwin-Williams Co. | 125,432 | 34,082,383 |
TimkenSteel Corp. * | 20,894 | 457,788 |
TriMas Corp. | 22,102 | 579,072 |
Trinseo plc | 18,721 | 197,132 |
Tronox Holdings plc | 60,210 | 821,264 |
United States Lime & Minerals, Inc. | 1,044 | 226,110 |
United States Steel Corp. | 120,340 | 3,741,371 |
Valhi, Inc. | 1,707 | 22,601 |
Vulcan Materials Co. | 71,169 | 15,532,634 |
Warrior Met Coal, Inc. | 27,366 | 1,082,599 |
Westlake Corp. | 18,296 | 2,396,410 |
Westrock Co. | 136,468 | 4,463,868 |
Worthington Industries, Inc. | 16,226 | 1,221,331 |
632,511,776 | ||
Media & Entertainment 7.3% | ||
Activision Blizzard, Inc. | 382,029 | 35,142,848 |
Advantage Solutions, Inc. * | 48,810 | 136,668 |
Alphabet, Inc., Class A * | 3,172,636 | 432,017,844 |
Alphabet, Inc., Class C * | 2,728,911 | 374,815,926 |
Altice USA, Inc., Class A * | 112,366 | 344,964 |
AMC Entertainment Holdings, Inc., Class A *(a) | 32,055 | 402,290 |
AMC Networks, Inc., Class A * | 15,285 | 177,917 |
Angi, Inc. * | 46,670 | 114,808 |
Atlanta Braves Holdings, Inc., Class C * | 29,530 | 1,087,885 |
Bumble, Inc., Class A * | 53,466 | 897,160 |
Cable One, Inc. | 2,492 | 1,621,220 |
Cardlytics, Inc. * | 17,464 | 290,950 |
Cargurus, Inc. * | 47,863 | 866,799 |
Cars.com, Inc. * | 34,005 | 635,553 |
Charter Communications, Inc., Class A * | 55,482 | 24,307,774 |
Cinemark Holdings, Inc. * | 58,340 | 949,775 |
Clear Channel Outdoor Holdings, Inc. * | 258,051 | 374,174 |
Comcast Corp., Class A | 2,220,901 | 103,849,331 |
DISH Network Corp., Class A * | 135,256 | 811,536 |
Electronic Arts, Inc. | 139,202 | 16,701,456 |
Endeavor Group Holdings, Inc., Class A * | 96,249 | 2,106,891 |
Eventbrite, Inc., Class A * | 45,738 | 463,326 |
Fox Corp., Class A | 212,036 | 7,009,910 |
fuboTV, Inc. * | 159,498 | 373,225 |
Gannett Co., Inc. * | 84,609 | 246,212 |
Gray Television, Inc. | 45,536 | 367,020 |
Grindr, Inc. * | 13,397 | 68,861 |
IAC, Inc. * | 40,998 | 2,268,419 |
iHeartMedia, Inc., Class A * | 56,161 | 202,741 |
Integral Ad Science Holding Corp. * | 25,253 | 360,360 |
John Wiley & Sons, Inc., Class A | 23,227 | 863,115 |
Liberty Broadband Corp., Class C * | 71,809 | 6,718,450 |
Liberty Media Corp.-Liberty Formula One, Class C * | 122,289 | 8,412,260 |
Liberty Media Corp.-Liberty Live, Class C * | 35,713 | 1,201,743 |
Liberty Media Corp.-Liberty SiriusXM, Class C * | 121,475 | 2,968,849 |
Lions Gate Entertainment Corp., Class A * | 93,526 | 740,726 |
Live Nation Entertainment, Inc. * | 76,878 | 6,498,497 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Loop Media, Inc. * | 19,024 | 16,568 |
Madison Square Garden Entertainment Corp. * | 16,869 | 541,326 |
Madison Square Garden Sports Corp. | 9,548 | 1,699,544 |
Magnite, Inc. * | 64,597 | 532,925 |
Match Group, Inc. * | 149,094 | 6,988,036 |
MediaAlpha, Inc., Class A * | 12,804 | 107,426 |
Meta Platforms, Inc., Class A * | 1,181,303 | 349,535,745 |
Netflix, Inc. * | 237,543 | 103,017,648 |
News Corp., Class A | 268,560 | 5,771,354 |
Nexstar Media Group, Inc., Class A | 19,098 | 3,109,154 |
Nextdoor Holdings, Inc. * | 68,780 | 149,253 |
Omnicom Group, Inc. | 106,273 | 8,609,176 |
Paramount Global, Class B (a) | 274,804 | 4,146,792 |
Pinterest, Inc., Class A * | 316,824 | 8,709,492 |
Playtika Holding Corp. * | 48,487 | 473,233 |
QuinStreet, Inc. * | 26,268 | 260,053 |
ROBLOX Corp., Class A * | 197,594 | 5,589,934 |
Roku, Inc. * | 66,045 | 5,362,854 |
Rumble, Inc. *(a) | 43,232 | 361,852 |
Scholastic Corp. | 15,337 | 666,393 |
Shutterstock, Inc. | 12,742 | 536,566 |
Sinclair, Inc. | 21,859 | 275,861 |
Sirius XM Holdings, Inc. (a) | 371,347 | 1,633,927 |
Skillz, Inc. * | 7,498 | 61,409 |
Snap, Inc., Class A * | 533,114 | 5,517,730 |
Sphere Entertainment Co. * | 14,038 | 492,172 |
System1, Inc. * | 10,248 | 18,241 |
Take-Two Interactive Software, Inc. * | 84,121 | 11,962,006 |
TechTarget, Inc. * | 13,693 | 393,674 |
TEGNA, Inc. | 120,815 | 1,997,072 |
The E.W. Scripps Co., Class A * | 29,547 | 225,739 |
The Interpublic Group of Cos., Inc. | 205,769 | 6,710,127 |
The New York Times Co., Class A | 85,873 | 3,801,598 |
The Trade Desk, Inc., Class A * | 237,122 | 18,976,874 |
The Walt Disney Co. * | 975,641 | 81,641,639 |
TripAdvisor, Inc. * | 56,955 | 860,590 |
Vimeo, Inc. * | 81,988 | 326,312 |
Vivid Seats, Inc., Class A * | 10,496 | 76,201 |
Warner Bros Discovery, Inc. * | 1,186,257 | 15,587,417 |
Warner Music Group Corp., Class A | 62,257 | 2,073,158 |
WideOpenWest, Inc. * | 29,117 | 235,848 |
World Wrestling Entertainment, Inc., Class A | 23,327 | 2,252,222 |
Yelp, Inc. * | 36,751 | 1,574,780 |
Ziff Davis, Inc. * | 24,966 | 1,663,984 |
ZipRecruiter, Inc., Class A * | 24,593 | 373,568 |
ZoomInfo Technologies, Inc. * | 144,556 | 2,604,899 |
1,703,939,855 | ||
Pharmaceuticals, Biotechnology & Life Sciences 7.7% | ||
10X Genomics, Inc., Class A * | 52,480 | 2,721,088 |
2seventy bio, Inc. * | 27,695 | 143,737 |
4D Molecular Therapeutics, Inc. * | 19,928 | 324,428 |
AbbVie, Inc. | 942,090 | 138,449,546 |
Absci Corp. * | 25,362 | 45,398 |
ACADIA Pharmaceuticals, Inc. * | 63,567 | 1,717,580 |
ACELYRIN, Inc. * | 16,579 | 419,946 |
Aclaris Therapeutics, Inc. * | 32,036 | 239,629 |
Acrivon Therapeutics, Inc. * | 4,150 | 48,638 |
Adaptive Biotechnologies Corp. * | 61,535 | 416,592 |
Agenus, Inc. * | 161,172 | 222,417 |
Agilent Technologies, Inc. | 158,031 | 19,132,813 |
Agios Pharmaceuticals, Inc. * | 29,146 | 799,475 |
Akero Therapeutics, Inc. * | 19,942 | 989,721 |
Akoya Biosciences, Inc. * | 10,385 | 54,002 |
Alector, Inc. * | 36,201 | 197,295 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Alkermes plc * | 87,917 | 2,566,297 |
Allogene Therapeutics, Inc. * | 48,131 | 187,230 |
Allovir, Inc. * | 24,351 | 76,219 |
Alnylam Pharmaceuticals, Inc. * | 66,485 | 13,152,063 |
ALX Oncology Holdings, Inc. * | 14,595 | 62,175 |
Amgen, Inc. | 285,451 | 73,172,509 |
Amicus Therapeutics, Inc. * | 134,703 | 1,726,892 |
Amneal Pharmaceuticals, Inc. * | 57,383 | 234,696 |
Amphastar Pharmaceuticals, Inc. * | 20,615 | 1,098,986 |
Amylyx Pharmaceuticals, Inc. * | 21,835 | 470,763 |
AnaptysBio, Inc. * | 9,233 | 181,705 |
Anavex Life Sciences Corp. * | 45,094 | 356,243 |
Anika Therapeutics, Inc. * | 7,652 | 136,588 |
Apellis Pharmaceuticals, Inc. * | 52,825 | 2,229,743 |
Arcellx, Inc. * | 15,843 | 567,813 |
Arcturus Therapeutics Holdings, Inc. * | 12,690 | 385,142 |
Arcus Biosciences, Inc. * | 27,522 | 564,201 |
Arcutis Biotherapeutics, Inc. * | 23,254 | 198,589 |
Arrowhead Pharmaceuticals, Inc. * | 57,140 | 1,579,350 |
Arvinas, Inc. * | 25,523 | 720,004 |
Atara Biotherapeutics, Inc. * | 57,976 | 84,645 |
Atea Pharmaceuticals, Inc. * | 44,007 | 147,864 |
Avantor, Inc. * | 361,601 | 7,828,662 |
Avid Bioservices, Inc. * | 32,474 | 383,193 |
Avidity Biosciences, Inc. * | 39,164 | 296,080 |
Axsome Therapeutics, Inc. * | 19,844 | 1,603,395 |
Azenta, Inc. * | 35,019 | 1,976,122 |
Beam Therapeutics, Inc. * | 34,443 | 798,389 |
BioCryst Pharmaceuticals, Inc. * | 101,105 | 718,857 |
Biogen, Inc. * | 77,157 | 20,628,696 |
Biohaven Ltd. * | 34,159 | 624,768 |
BioLife Solutions, Inc. * | 18,137 | 239,590 |
BioMarin Pharmaceutical, Inc. * | 100,178 | 9,154,266 |
Bio-Rad Laboratories, Inc., Class A * | 11,395 | 4,560,279 |
Bio-Techne Corp. | 84,275 | 6,607,160 |
Bioxcel Therapeutics, Inc. * | 11,031 | 41,697 |
Blueprint Medicines Corp. * | 32,449 | 1,617,907 |
Bridgebio Pharma, Inc. * | 64,762 | 1,937,031 |
Bristol-Myers Squibb Co. | 1,122,383 | 69,194,912 |
Bruker Corp. | 53,121 | 3,484,738 |
C4 Therapeutics, Inc. * | 26,033 | 75,496 |
Cara Therapeutics, Inc. * | 38,831 | 99,796 |
CareDx, Inc. * | 27,778 | 258,613 |
Caribou Biosciences, Inc. * | 28,855 | 169,956 |
Cassava Sciences, Inc. *(a) | 21,181 | 444,166 |
Catalent, Inc. * | 95,726 | 4,783,428 |
Catalyst Pharmaceuticals, Inc. * | 53,611 | 752,698 |
Celldex Therapeutics, Inc. * | 24,728 | 689,911 |
Century Therapeutics, Inc. * | 11,163 | 27,684 |
Cerevel Therapeutics Holdings, Inc. * | 34,966 | 828,694 |
Charles River Laboratories International, Inc. * | 27,404 | 5,667,695 |
Codexis, Inc. * | 33,964 | 59,097 |
Coherus Biosciences, Inc. * | 34,840 | 185,697 |
Collegium Pharmaceutical, Inc. * | 18,405 | 431,045 |
Corcept Therapeutics, Inc. * | 48,044 | 1,572,480 |
Crinetics Pharmaceuticals, Inc. * | 24,675 | 427,371 |
CRISPR Therapeutics AG * | 41,958 | 2,098,320 |
CryoPort, Inc. * | 24,534 | 345,929 |
Cullinan Oncology, Inc. * | 13,500 | 139,725 |
Cytek Biosciences, Inc. * | 42,172 | 320,507 |
Cytokinetics, Inc. * | 51,752 | 1,808,215 |
Danaher Corp. | 354,472 | 93,935,080 |
Day One Biopharmaceuticals, Inc. * | 18,850 | 254,287 |
Deciphera Pharmaceuticals, Inc. * | 29,851 | 419,108 |
Denali Therapeutics, Inc. * | 59,526 | 1,374,455 |
Design Therapeutics, Inc. * | 15,525 | 38,502 |
Dynavax Technologies Corp. * | 62,851 | 902,540 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Dyne Therapeutics, Inc. * | 16,882 | 192,455 |
Eagle Pharmaceuticals, Inc. * | 5,378 | 91,157 |
Edgewise Therapeutics, Inc. * | 22,756 | 142,225 |
Editas Medicine, Inc. * | 36,134 | 321,954 |
Elanco Animal Health, Inc. * | 249,083 | 3,038,813 |
Eli Lilly & Co. | 420,825 | 233,221,215 |
Emergent BioSolutions, Inc. * | 22,857 | 107,199 |
Enanta Pharmaceuticals, Inc. * | 11,095 | 164,761 |
Entrada Therapeutics, Inc. * | 9,207 | 135,527 |
EQRx, Inc. * | 122,229 | 279,904 |
Erasca, Inc. * | 44,033 | 114,045 |
Exact Sciences Corp. * | 96,277 | 8,055,497 |
Exelixis, Inc. * | 174,672 | 3,910,906 |
Fate Therapeutics, Inc. * | 44,895 | 112,686 |
FibroGen, Inc. * | 49,182 | 47,215 |
Fortrea Holdings, Inc. * | 46,901 | 1,292,123 |
G1 Therapeutics, Inc. * | 28,630 | 47,812 |
Genelux Corp. * | 740 | 17,893 |
Generation Bio Co. * | 33,862 | 161,860 |
Gilead Sciences, Inc. | 666,089 | 50,942,487 |
Gossamer Bio, Inc. * | 46,210 | 48,058 |
Halozyme Therapeutics, Inc. * | 70,404 | 2,996,394 |
Harmony Biosciences Holdings, Inc. * | 15,487 | 561,404 |
Heron Therapeutics, Inc. * | 76,555 | 125,550 |
HilleVax, Inc. * | 6,807 | 90,805 |
Horizon Therapeutics plc * | 121,092 | 13,651,912 |
Humacyte, Inc. *(a) | 22,187 | 84,976 |
IGM Biosciences, Inc. * | 4,931 | 35,257 |
Illumina, Inc. * | 84,020 | 13,881,784 |
ImmunityBio, Inc. *(a) | 75,411 | 121,412 |
ImmunoGen, Inc. * | 124,284 | 1,968,659 |
Immunovant, Inc. * | 29,729 | 675,146 |
Incyte Corp. * | 98,869 | 6,380,017 |
Inhibrx, Inc. * | 16,749 | 358,429 |
Innoviva, Inc. * | 30,514 | 389,054 |
Inovio Pharmaceuticals, Inc. * | 235,069 | 105,758 |
Insmed, Inc. * | 73,638 | 1,611,936 |
Instil Bio, Inc. * | 55,456 | 25,016 |
Intellia Therapeutics, Inc. * | 47,206 | 1,769,281 |
Intra-Cellular Therapies, Inc. * | 47,851 | 2,656,688 |
Invivyd, Inc. *(a) | 33,524 | 62,355 |
Ionis Pharmaceuticals, Inc. * | 76,935 | 3,098,172 |
Iovance Biotherapeutics, Inc. * | 119,707 | 723,030 |
IQVIA Holdings, Inc. * | 98,703 | 21,974,249 |
Ironwood Pharmaceuticals, Inc. * | 70,670 | 621,896 |
iTeos Therapeutics, Inc. * | 13,523 | 163,155 |
Jazz Pharmaceuticals plc * | 34,215 | 4,905,062 |
Johnson & Johnson | 1,286,079 | 207,933,253 |
Karuna Therapeutics, Inc. * | 16,146 | 3,031,573 |
Keros Therapeutics, Inc. * | 9,958 | 349,625 |
Kinnate Biopharma, Inc. * | 8,087 | 18,034 |
Kodiak Sciences, Inc. * | 19,478 | 42,852 |
Kronos Bio, Inc. * | 29,509 | 41,018 |
Krystal Biotech, Inc. * | 11,712 | 1,457,910 |
Kura Oncology, Inc. * | 32,869 | 326,389 |
Kymera Therapeutics, Inc. * | 21,043 | 401,500 |
Lexicon Pharmaceuticals, Inc. * | 54,343 | 93,470 |
Ligand Pharmaceuticals, Inc. * | 9,070 | 596,534 |
Lyell Immunopharma, Inc. * | 76,172 | 182,051 |
MacroGenics, Inc. * | 32,319 | 150,607 |
Madrigal Pharmaceuticals, Inc. * | 6,892 | 1,240,560 |
MannKind Corp. * | 137,736 | 634,963 |
Maravai LifeSciences Holdings, Inc., Class A * | 59,233 | 612,469 |
Medpace Holdings, Inc. * | 13,193 | 3,565,672 |
Merck & Co., Inc. | 1,355,388 | 147,710,184 |
Mersana Therapeutics, Inc. * | 55,291 | 61,373 |
Mesa Laboratories, Inc. | 2,759 | 395,530 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Mettler-Toledo International, Inc. * | 11,758 | 14,268,098 |
MiMedx Group, Inc. * | 60,337 | 447,701 |
Mind Medicine MindMed, Inc. * | 23,967 | 99,463 |
Mineralys Therapeutics, Inc. * | 6,494 | 83,383 |
Mirati Therapeutics, Inc. * | 32,945 | 1,225,554 |
Moderna, Inc. * | 175,327 | 19,824,224 |
Monte Rosa Therapeutics, Inc. * | 15,607 | 91,613 |
Morphic Holding, Inc. * | 19,449 | 1,071,251 |
Myriad Genetics, Inc. * | 43,026 | 768,014 |
NanoString Technologies, Inc. * | 38,195 | 97,779 |
Natera, Inc. * | 61,057 | 3,585,878 |
Nektar Therapeutics * | 117,014 | 69,623 |
Neurocrine Biosciences, Inc. * | 52,042 | 5,666,853 |
Nkarta, Inc. * | 18,565 | 31,932 |
Novavax, Inc. *(a) | 46,713 | 373,704 |
Nurix Therapeutics, Inc. * | 24,789 | 210,707 |
Nuvation Bio, Inc. * | 70,241 | 115,195 |
Ocean Biomedical, Inc. *(a) | 7,978 | 35,981 |
Ocugen, Inc. * | 150,671 | 64,954 |
Omeros Corp. *(a) | 32,978 | 114,104 |
OmniAb, Inc. * | 53,982 | 313,096 |
Organogenesis Holdings, Inc. * | 42,992 | 120,378 |
Organon & Co. | 135,438 | 2,974,218 |
Pacific Biosciences of California, Inc. * | 124,166 | 1,400,592 |
Pacira BioSciences, Inc. * | 24,924 | 879,817 |
Perrigo Co., plc | 72,572 | 2,540,020 |
Pfizer, Inc. | 3,013,488 | 106,617,205 |
Phathom Pharmaceuticals, Inc. * | 12,158 | 174,954 |
Phibro Animal Health Corp., Class A | 10,877 | 151,734 |
Pliant Therapeutics, Inc. * | 24,351 | 411,045 |
PMV Pharmaceuticals, Inc. * | 18,820 | 135,880 |
Poseida Therapeutics, Inc. * | 27,215 | 56,879 |
Precigen, Inc. * | 98,356 | 172,123 |
Prelude Therapeutics, Inc. * | 8,957 | 33,410 |
Prestige Consumer Healthcare, Inc. * | 26,583 | 1,550,586 |
Prime Medicine, Inc. * | 5,170 | 68,451 |
Protagonist Therapeutics, Inc. * | 28,706 | 568,953 |
Prothena Corp. plc * | 21,687 | 1,145,507 |
PTC Therapeutics, Inc. * | 39,676 | 1,567,202 |
Quanterix Corp. * | 19,400 | 519,920 |
RAPT Therapeutics, Inc. * | 13,294 | 253,915 |
Reata Pharmaceuticals, Inc., Class A * | 15,517 | 2,622,373 |
Recursion Pharmaceuticals, Inc., Class A * | 70,350 | 612,045 |
Regeneron Pharmaceuticals, Inc. * | 57,693 | 47,682,688 |
REGENXBIO, Inc. * | 21,414 | 379,028 |
Relay Therapeutics, Inc. * | 46,815 | 478,449 |
Repligen Corp. * | 27,589 | 4,798,003 |
Replimune Group, Inc. * | 20,327 | 415,077 |
Revance Therapeutics, Inc. * | 45,465 | 801,548 |
REVOLUTION Medicines, Inc. * | 49,489 | 1,681,141 |
Revvity, Inc. | 66,483 | 7,780,505 |
Rhythm Pharmaceuticals, Inc. * | 23,744 | 617,581 |
Rocket Pharmaceuticals, Inc. * | 31,362 | 490,815 |
Roivant Sciences Ltd. * | 60,217 | 696,711 |
Royalty Pharma plc, Class A | 201,088 | 5,996,444 |
Sage Therapeutics, Inc. * | 27,817 | 556,340 |
Sana Biotechnology, Inc. * | 50,451 | 269,913 |
Sarepta Therapeutics, Inc. * | 49,729 | 6,017,706 |
Scholar Rock Holding Corp. * | 18,890 | 118,063 |
Scilex Holding Co. *(c) | 38,288 | 108,187 |
Seagen, Inc. * | 74,239 | 15,298,431 |
Seer, Inc. * | 21,005 | 55,243 |
Seres Therapeutics, Inc. * | 48,955 | 168,895 |
SIGA Technologies, Inc. | 20,794 | 95,444 |
SomaLogic, Inc. * | 90,284 | 199,528 |
Sotera Health Co. * | 53,431 | 862,376 |
SpringWorks Therapeutics, Inc. * | 23,936 | 674,516 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Stoke Therapeutics, Inc. * | 15,083 | 84,766 |
Supernus Pharmaceuticals, Inc. * | 29,724 | 946,412 |
Syndax Pharmaceuticals, Inc. * | 35,478 | 656,698 |
Syneos Health, Inc. * | 55,263 | 2,361,388 |
Tarsus Pharmaceuticals, Inc. * | 9,988 | 174,890 |
TG Therapeutics, Inc. * | 75,777 | 793,385 |
TherapeuticsMD, Inc. * | 8,619 | 32,666 |
Theravance Biopharma, Inc. * | 27,555 | 262,324 |
Thermo Fisher Scientific, Inc. | 206,039 | 114,784,327 |
Third Harmonic Bio, Inc. * | 6,349 | 38,538 |
Travere Therapeutics, Inc. * | 34,765 | 496,444 |
Twist Bioscience Corp. * | 30,437 | 669,310 |
Tyra Biosciences, Inc. * | 6,026 | 91,776 |
Ultragenyx Pharmaceutical, Inc. * | 37,572 | 1,382,274 |
uniQure N.V. * | 22,791 | 198,510 |
United Therapeutics Corp. * | 24,966 | 5,601,372 |
Vanda Pharmaceuticals, Inc. * | 27,750 | 144,023 |
Vaxart, Inc. * | 83,614 | 68,781 |
Vaxcyte, Inc. * | 40,930 | 2,125,086 |
Ventyx Biosciences, Inc. * | 14,898 | 499,083 |
Veracyte, Inc. * | 39,147 | 1,033,481 |
Vericel Corp. * | 25,720 | 844,388 |
Vertex Pharmaceuticals, Inc. * | 137,465 | 47,884,558 |
Verve Therapeutics, Inc. * | 21,504 | 276,756 |
Viatris, Inc. | 638,736 | 6,866,412 |
Vir Biotechnology, Inc. * | 40,870 | 517,414 |
Waters Corp. * | 31,577 | 8,866,822 |
West Pharmaceutical Services, Inc. | 39,661 | 16,138,061 |
Xencor, Inc. * | 32,147 | 706,591 |
Y-mAbs Therapeutics, Inc. * | 16,951 | 85,942 |
Zentalis Pharmaceuticals, Inc. * | 31,881 | 846,759 |
Zoetis, Inc. | 246,782 | 47,014,439 |
Zura Bio Ltd. * | 6,798 | 46,770 |
1,797,876,407 | ||
Real Estate Management & Development 0.2% | ||
Anywhere Real Estate, Inc. * | 60,964 | 399,924 |
CBRE Group, Inc., Class A * | 165,752 | 14,097,208 |
Compass, Inc., Class A * | 144,716 | 520,978 |
CoStar Group, Inc. * | 218,344 | 17,902,024 |
Cushman & Wakefield plc * | 88,338 | 811,826 |
DigitalBridge Group, Inc. | 78,923 | 1,374,839 |
Doma Holdings, Inc. * | 3,023 | 19,226 |
eXp World Holdings, Inc. | 39,093 | 751,367 |
Forestar Group, Inc. * | 12,268 | 349,761 |
FRP Holdings, Inc. * | 3,539 | 201,617 |
Howard Hughes Holdings, Inc. * | 18,571 | 1,460,609 |
Jones Lang LaSalle, Inc. * | 25,435 | 4,395,168 |
Kennedy-Wilson Holdings, Inc. | 63,579 | 1,015,357 |
Marcus & Millichap, Inc. | 13,339 | 444,189 |
Newmark Group, Inc., Class A | 68,186 | 483,439 |
Offerpad Solutions, Inc. * | 11,454 | 149,360 |
Opendoor Technologies, Inc. * | 284,309 | 1,108,805 |
RE/MAX Holdings, Inc., Class A | 10,409 | 168,626 |
Redfin Corp. * | 60,632 | 577,217 |
Seritage Growth Properties, Class A * | 20,288 | 153,174 |
Tejon Ranch Co. * | 13,897 | 231,802 |
The RMR Group, Inc., Class A | 7,974 | 201,583 |
The St. Joe Co. | 17,648 | 1,089,587 |
WeWork, Inc., Class A * | 388,486 | 45,841 |
Zillow Group, Inc., Class C * | 115,243 | 6,011,075 |
53,964,602 | ||
Semiconductors & Semiconductor Equipment 7.0% | ||
ACM Research, Inc., Class A * | 22,988 | 403,669 |
Advanced Micro Devices, Inc. * | 860,072 | 90,926,812 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Allegro MicroSystems, Inc. * | 34,924 | 1,335,843 |
Alpha & Omega Semiconductor Ltd. * | 11,575 | 365,191 |
Ambarella, Inc. * | 20,270 | 1,259,780 |
Amkor Technology, Inc. | 54,311 | 1,518,536 |
Analog Devices, Inc. | 270,051 | 49,089,871 |
Applied Materials, Inc. | 451,571 | 68,981,986 |
Axcelis Technologies, Inc. * | 17,438 | 3,350,712 |
Broadcom, Inc. | 222,674 | 205,503,608 |
CEVA, Inc. * | 12,230 | 283,981 |
Cirrus Logic, Inc. * | 29,395 | 2,411,566 |
Cohu, Inc. * | 25,440 | 951,202 |
Credo Technology Group Holding Ltd. * | 50,469 | 830,720 |
Diodes, Inc. * | 24,259 | 1,985,599 |
Enphase Energy, Inc. * | 73,208 | 9,263,008 |
Entegris, Inc. | 79,957 | 8,097,245 |
First Solar, Inc. * | 53,033 | 10,029,601 |
FormFactor, Inc. * | 41,320 | 1,459,422 |
Ichor Holdings Ltd. * | 15,192 | 556,483 |
Impinj, Inc. * | 11,814 | 786,458 |
Intel Corp. | 2,225,254 | 78,195,425 |
KLA Corp. | 73,286 | 36,780,045 |
Kulicke & Soffa Industries, Inc. | 30,133 | 1,558,780 |
Lam Research Corp. | 71,695 | 50,358,568 |
Lattice Semiconductor Corp. * | 73,458 | 7,144,525 |
MACOM Technology Solutions Holdings, Inc. * | 27,411 | 2,317,874 |
Marvell Technology, Inc. | 459,326 | 26,755,739 |
MaxLinear, Inc. * | 39,906 | 937,791 |
Microchip Technology, Inc. | 292,463 | 23,935,172 |
Micron Technology, Inc. | 582,689 | 40,753,269 |
MKS Instruments, Inc. | 30,515 | 3,058,518 |
Monolithic Power Systems, Inc. | 24,047 | 12,533,537 |
Navitas Semiconductor Corp. * | 45,165 | 398,807 |
NVIDIA Corp. | 1,320,672 | 651,817,666 |
NXP Semiconductors N.V. | 139,273 | 28,651,242 |
ON Semiconductor Corp. * | 230,634 | 22,708,224 |
Onto Innovation, Inc. * | 26,051 | 3,620,568 |
PDF Solutions, Inc. * | 15,866 | 576,570 |
Photronics, Inc. * | 33,876 | 804,894 |
Power Integrations, Inc. | 30,561 | 2,567,735 |
Qorvo, Inc. * | 53,145 | 5,707,241 |
QUALCOMM, Inc. | 595,497 | 68,202,271 |
Rambus, Inc. * | 57,978 | 3,274,018 |
Rigetti Computing, Inc. * | 53,437 | 96,187 |
Semtech Corp. * | 33,626 | 879,320 |
Silicon Laboratories, Inc. * | 16,995 | 2,291,946 |
SiTime Corp. * | 8,741 | 1,159,843 |
SkyWater Technology, Inc. * | 6,449 | 43,208 |
Skyworks Solutions, Inc. | 84,992 | 9,242,030 |
SMART Global Holdings, Inc. * | 27,282 | 704,694 |
SolarEdge Technologies, Inc. * | 30,088 | 4,891,406 |
Synaptics, Inc. * | 20,906 | 1,830,111 |
Teradyne, Inc. | 82,529 | 8,902,403 |
Texas Instruments, Inc. | 485,449 | 81,584,559 |
Ultra Clean Holdings, Inc. * | 23,400 | 822,744 |
Universal Display Corp. | 23,337 | 3,793,663 |
Veeco Instruments, Inc. * | 26,848 | 783,693 |
Wolfspeed, Inc. * | 67,013 | 3,204,562 |
1,652,280,141 | ||
Software & Services 11.4% | ||
8x8, Inc. * | 61,483 | 199,820 |
A10 Networks, Inc. | 34,698 | 516,653 |
Accenture plc, Class A | 337,507 | 109,274,641 |
ACI Worldwide, Inc. * | 57,213 | 1,389,132 |
Adeia, Inc. | 55,313 | 556,449 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Adobe, Inc. * | 244,992 | 137,033,825 |
Agilysys, Inc. * | 10,543 | 743,756 |
Akamai Technologies, Inc. * | 81,278 | 8,541,505 |
Alarm.com Holdings, Inc. * | 26,814 | 1,570,496 |
Alkami Technology, Inc. * | 19,311 | 336,398 |
Altair Engineering, Inc., Class A * | 28,454 | 1,891,622 |
Alteryx, Inc., Class A * | 34,016 | 1,004,152 |
Amplitude, Inc., Class A * | 34,957 | 408,298 |
ANSYS, Inc. * | 46,287 | 14,759,536 |
Appfolio, Inc., Class A * | 10,153 | 1,957,194 |
Appian Corp., Class A * | 22,716 | 1,106,269 |
AppLovin Corp., Class A * | 67,474 | 2,916,226 |
Asana, Inc., Class A * | 42,360 | 910,316 |
Aspen Technology, Inc. * | 15,541 | 3,014,954 |
Atlassian Corp., Class A * | 80,714 | 16,470,499 |
Aurora Innovation, Inc. * | 247,517 | 784,629 |
Autodesk, Inc. * | 113,788 | 25,254,109 |
AvePoint, Inc. * | 46,307 | 321,371 |
Bentley Systems, Inc., Class B | 106,625 | 5,321,654 |
BigCommerce Holdings, Inc. * | 34,840 | 369,304 |
Bill Holdings, Inc. * | 51,104 | 5,892,291 |
Black Knight, Inc. * | 83,406 | 6,318,839 |
Blackbaud, Inc. * | 23,977 | 1,824,889 |
Blackline, Inc. * | 29,880 | 1,794,593 |
Blend Labs, Inc., Class A *(a) | 87,112 | 101,050 |
Box, Inc., Class A * | 76,437 | 2,024,052 |
Braze, Inc., Class A * | 20,878 | 965,816 |
C3.ai, Inc., Class A *(a) | 46,911 | 1,455,179 |
Cadence Design Systems, Inc. * | 145,570 | 35,000,851 |
CCC Intelligent Solutions Holdings, Inc. * | 55,015 | 588,660 |
Cerence, Inc. * | 21,591 | 563,525 |
Cipher Mining, Inc. *(a) | 26,515 | 84,583 |
Clear Secure, Inc., Class A | 43,978 | 956,082 |
Clearwater Analytics Holdings, Inc., Class A * | 42,722 | 775,404 |
Cloudflare, Inc., Class A * | 154,668 | 10,058,060 |
Cognizant Technology Solutions Corp., Class A | 272,325 | 19,501,193 |
CommVault Systems, Inc. * | 23,244 | 1,587,798 |
Confluent, Inc., Class A * | 100,402 | 3,322,302 |
Consensus Cloud Solutions, Inc. * | 9,250 | 295,352 |
Couchbase, Inc. * | 12,975 | 221,872 |
Crowdstrike Holdings, Inc., Class A * | 119,773 | 19,526,592 |
CS Disco, Inc. * | 10,937 | 103,901 |
Datadog, Inc., Class A * | 134,575 | 12,983,796 |
Digital Turbine, Inc. * | 49,155 | 437,971 |
DigitalOcean Holdings, Inc. * | 30,081 | 813,691 |
DocuSign, Inc. * | 108,161 | 5,440,498 |
Dolby Laboratories, Inc., Class A | 31,735 | 2,680,655 |
Domo, Inc., Class B * | 16,951 | 180,698 |
DoubleVerify Holdings, Inc. * | 54,132 | 1,830,203 |
Dropbox, Inc., Class A * | 145,082 | 4,031,829 |
D-Wave Quantum, Inc. *(a) | 29,539 | 34,265 |
DXC Technology Co. * | 121,187 | 2,513,418 |
Dynatrace, Inc. * | 115,396 | 5,562,087 |
E2open Parent Holdings, Inc. * | 91,302 | 440,989 |
Ebix, Inc. | 12,257 | 204,692 |
Elastic N.V. * | 41,992 | 2,598,465 |
Enfusion, Inc., Class A * | 9,368 | 80,003 |
EngageSmart, Inc. * | 15,425 | 273,177 |
Envestnet, Inc. * | 28,823 | 1,574,600 |
EPAM Systems, Inc. * | 30,928 | 8,010,043 |
Everbridge, Inc. * | 21,525 | 534,035 |
EverCommerce, Inc. * | 15,350 | 162,249 |
Expensify, Inc., Class A * | 23,334 | 100,103 |
Fair Isaac Corp. * | 13,301 | 12,031,952 |
Fastly, Inc., Class A * | 60,688 | 1,443,768 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Five9, Inc. * | 38,269 | 2,769,528 |
Fortinet, Inc. * | 348,117 | 20,960,125 |
Freshworks, Inc., Class A * | 89,947 | 1,967,141 |
Gartner, Inc. * | 42,158 | 14,741,809 |
Gen Digital, Inc. | 304,698 | 6,170,134 |
Gitlab, Inc., Class A * | 35,337 | 1,673,914 |
GoDaddy, Inc., Class A * | 81,935 | 5,941,107 |
Grid Dynamics Holdings, Inc. * | 29,343 | 341,259 |
Guidewire Software, Inc. * | 43,341 | 3,745,963 |
HashiCorp, Inc., Class A * | 51,307 | 1,496,112 |
HubSpot, Inc. * | 26,470 | 14,466,384 |
Informatica, Inc., Class A * | 20,680 | 433,246 |
Instructure Holdings, Inc. * | 8,957 | 232,076 |
Intapp, Inc. * | 11,534 | 422,260 |
InterDigital, Inc. | 14,314 | 1,241,167 |
International Business Machines Corp. | 484,941 | 71,203,887 |
Intuit, Inc. | 149,802 | 81,164,222 |
Jamf Holding Corp. * | 23,705 | 399,666 |
Kaltura, Inc. * | 36,885 | 69,713 |
Kyndryl Holdings, Inc. * | 110,526 | 1,865,679 |
LivePerson, Inc. * | 49,293 | 207,031 |
LiveRamp Holdings, Inc. * | 34,388 | 1,112,108 |
Manhattan Associates, Inc. * | 32,993 | 6,685,042 |
Marathon Digital Holdings, Inc. *(a) | 89,740 | 1,128,032 |
MariaDB plc * | 19,768 | 11,507 |
Matterport, Inc. * | 130,020 | 348,454 |
MeridianLink, Inc. * | 10,556 | 186,947 |
Microsoft Corp. | 3,970,952 | 1,301,519,227 |
MicroStrategy, Inc., Class A * | 5,853 | 2,092,623 |
Model N, Inc. * | 18,377 | 496,179 |
MongoDB, Inc. * | 37,410 | 14,264,433 |
N-Able, Inc. * | 37,235 | 497,832 |
nCino, Inc. * | 41,727 | 1,371,566 |
NCR Corp. * | 75,405 | 2,319,458 |
New Relic, Inc. * | 31,252 | 2,659,858 |
NextNav, Inc. * | 18,242 | 78,805 |
Nutanix, Inc., Class A * | 122,442 | 3,807,946 |
Okta, Inc. * | 82,878 | 6,921,142 |
ON24, Inc. | 22,555 | 154,727 |
OneSpan, Inc. * | 19,744 | 241,864 |
Oracle Corp. | 822,449 | 99,014,635 |
PagerDuty, Inc. * | 45,908 | 1,182,590 |
Palantir Technologies, Inc., Class A * | 957,256 | 14,339,695 |
Palo Alto Networks, Inc. * | 161,555 | 39,306,331 |
Pegasystems, Inc. | 22,171 | 1,101,012 |
Perficient, Inc. * | 18,864 | 1,203,335 |
Porch Group, Inc. * | 38,028 | 32,134 |
PowerSchool Holdings, Inc., Class A * | 21,186 | 468,634 |
Procore Technologies, Inc. * | 37,573 | 2,538,056 |
Progress Software Corp. | 23,040 | 1,401,754 |
PROS Holdings, Inc. * | 22,005 | 789,099 |
PTC, Inc. * | 57,085 | 8,401,199 |
Q2 Holdings, Inc. * | 31,249 | 1,075,278 |
Qualys, Inc. * | 17,938 | 2,792,050 |
Rackspace Technology, Inc. * | 35,433 | 88,582 |
Rapid7, Inc. * | 32,617 | 1,643,571 |
RingCentral, Inc., Class A * | 41,795 | 1,292,719 |
Riot Platforms, Inc. * | 95,746 | 1,086,717 |
Roper Technologies, Inc. | 57,110 | 28,501,317 |
Salesforce, Inc. * | 522,517 | 115,716,615 |
Samsara, Inc., Class A * | 65,629 | 1,795,609 |
SentinelOne, Inc., Class A * | 126,078 | 2,096,677 |
ServiceNow, Inc. * | 108,679 | 63,993,456 |
Smartsheet, Inc., Class A * | 70,986 | 2,962,246 |
Snowflake, Inc., Class A * | 153,918 | 24,142,038 |
SolarWinds Corp. * | 25,916 | 276,005 |
SoundHound AI, Inc., Class A *(a) | 75,200 | 189,504 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Splunk, Inc. * | 81,367 | 9,866,562 |
Sprinklr, Inc., Class A * | 42,235 | 639,016 |
Sprout Social, Inc., Class A * | 25,529 | 1,366,823 |
SPS Commerce, Inc. * | 19,457 | 3,621,531 |
Squarespace, Inc., Class A * | 22,110 | 666,616 |
Synopsys, Inc. * | 81,300 | 37,307,757 |
Telos Corp. * | 24,860 | 64,885 |
Tenable Holdings, Inc. * | 61,556 | 2,792,796 |
Teradata Corp. * | 53,596 | 2,479,887 |
Thoughtworks Holding, Inc. * | 34,285 | 170,396 |
Tucows, Inc., Class A * | 4,729 | 111,841 |
Twilio, Inc., Class A * | 93,745 | 5,972,494 |
Tyler Technologies, Inc. * | 22,360 | 8,908,895 |
UiPath, Inc., Class A * | 191,829 | 3,032,816 |
Unisys Corp. * | 34,223 | 137,919 |
Unity Software, Inc. * | 119,449 | 4,427,974 |
Upland Software, Inc. * | 20,831 | 73,950 |
Varonis Systems, Inc. * | 58,854 | 1,879,208 |
Verint Systems, Inc. * | 33,945 | 1,099,479 |
VeriSign, Inc. * | 48,795 | 10,139,113 |
VMware, Inc., Class A * | 111,994 | 18,902,347 |
Workday, Inc., Class A * | 109,334 | 26,732,163 |
Workiva, Inc. * | 24,955 | 2,791,217 |
Xperi, Inc. * | 22,067 | 260,391 |
Yext, Inc. * | 55,063 | 482,352 |
Zeta Global Holdings Corp., Class A * | 70,332 | 571,799 |
Zoom Video Communications, Inc., Class A * | 117,991 | 8,380,901 |
Zscaler, Inc. * | 45,770 | 7,142,408 |
Zuora, Inc., Class A * | 67,505 | 614,971 |
2,669,058,417 | ||
Technology Hardware & Equipment 8.3% | ||
908 Devices, Inc. * | 10,730 | 77,149 |
ADTRAN Holdings, Inc. | 37,194 | 318,009 |
Advanced Energy Industries, Inc. | 19,999 | 2,361,282 |
Aeva Technologies, Inc. * | 63,572 | 59,923 |
AEye, Inc. * | 75,509 | 19,632 |
Amphenol Corp., Class A | 317,905 | 28,096,444 |
Apple Inc. | 7,896,196 | 1,483,458,165 |
Arista Networks, Inc. * | 133,447 | 26,052,858 |
Arrow Electronics, Inc. * | 30,010 | 4,004,234 |
Avid Technology, Inc. * | 18,272 | 487,132 |
Avnet, Inc. | 48,348 | 2,453,661 |
Badger Meter, Inc. | 15,723 | 2,611,276 |
Belden, Inc. | 22,848 | 2,145,427 |
Benchmark Electronics, Inc. | 19,126 | 492,303 |
Calix, Inc. * | 30,709 | 1,428,276 |
Casa Systems, Inc. * | 20,928 | 20,300 |
CDW Corp. | 72,162 | 15,237,006 |
Ciena Corp. * | 80,060 | 4,001,399 |
Cisco Systems, Inc. | 2,186,845 | 125,415,561 |
Clearfield, Inc. * | 6,807 | 239,266 |
Cognex Corp. | 90,866 | 4,277,971 |
Coherent Corp. * | 75,050 | 2,824,131 |
CommScope Holding Co., Inc. * | 110,756 | 369,925 |
Comtech Telecommunications Corp. | 16,496 | 165,785 |
Corning, Inc. | 406,623 | 13,345,367 |
Corsair Gaming, Inc. * | 21,322 | 335,182 |
Crane NXT Co. | 25,569 | 1,517,776 |
CTS Corp. | 16,961 | 757,309 |
Dell Technologies, Inc., Class C | 136,470 | 7,675,073 |
Digi International, Inc. * | 19,624 | 655,049 |
ePlus, Inc. * | 14,213 | 943,459 |
Evolv Technologies Holdings, Inc. * | 40,516 | 283,207 |
Extreme Networks, Inc. * | 68,580 | 1,882,521 |
F5, Inc. * | 32,067 | 5,248,085 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Fabrinet * | 19,354 | 3,111,543 |
FARO Technologies, Inc. * | 9,909 | 157,157 |
Harmonic, Inc. * | 60,140 | 642,295 |
Hewlett Packard Enterprise Co. | 692,048 | 11,757,896 |
HP, Inc. | 462,501 | 13,740,905 |
Infinera Corp. * | 109,982 | 514,716 |
Inseego Corp. * | 42,564 | 27,049 |
Insight Enterprises, Inc. * | 15,379 | 2,462,024 |
IonQ, Inc. * | 83,897 | 1,442,189 |
IPG Photonics Corp. * | 16,619 | 1,800,835 |
Itron, Inc. * | 24,429 | 1,671,188 |
Jabil, Inc. | 70,663 | 8,085,260 |
Juniper Networks, Inc. | 170,849 | 4,975,123 |
Keysight Technologies, Inc. * | 94,600 | 12,610,180 |
Kimball Electronics, Inc. * | 13,749 | 415,082 |
Knowles Corp. * | 50,798 | 814,292 |
Lightwave Logic, Inc. *(a) | 60,088 | 379,155 |
Littelfuse, Inc. | 13,310 | 3,554,835 |
Lumentum Holdings, Inc. * | 36,368 | 1,968,600 |
Methode Electronics, Inc. | 19,297 | 622,328 |
MicroVision, Inc. *(a) | 95,265 | 240,068 |
Mirion Technologies, Inc. * | 66,002 | 563,657 |
Motorola Solutions, Inc. | 89,885 | 25,488,689 |
Movella Holdings, Inc. * | 15,916 | 12,660 |
Napco Security Technologies, Inc. | 15,371 | 380,893 |
National Instruments Corp. | 70,052 | 4,175,099 |
NetApp, Inc. | 114,073 | 8,749,399 |
NETGEAR, Inc. * | 16,134 | 212,646 |
NetScout Systems, Inc. * | 35,789 | 1,024,639 |
nLight, Inc. * | 23,751 | 270,999 |
Novanta, Inc. * | 18,983 | 3,169,781 |
OSI Systems, Inc. * | 8,239 | 1,123,388 |
Ouster, Inc. * | 15,416 | 86,792 |
PAR Technology Corp. * | 14,958 | 650,374 |
PC Connection, Inc. | 5,785 | 307,299 |
Plexus Corp. * | 14,648 | 1,487,504 |
Presto Automation, Inc. * | 14,224 | 47,366 |
Pure Storage, Inc., Class A * | 154,502 | 5,653,228 |
Ribbon Communications, Inc. * | 48,417 | 143,314 |
Rogers Corp. * | 9,842 | 1,422,267 |
Sanmina Corp. * | 30,916 | 1,722,021 |
ScanSource, Inc. * | 12,720 | 416,962 |
Seagate Technology Holdings plc | 103,457 | 7,323,721 |
SmartRent, Inc. * | 67,564 | 229,718 |
Super Micro Computer, Inc. * | 24,351 | 6,698,473 |
TD SYNNEX Corp. | 22,255 | 2,264,446 |
TE Connectivity Ltd. | 167,521 | 22,178,105 |
Teledyne Technologies, Inc. * | 25,089 | 10,494,729 |
Trimble, Inc. * | 132,469 | 7,257,977 |
TTM Technologies, Inc. * | 56,129 | 836,322 |
Ubiquiti, Inc. | 2,172 | 380,165 |
ViaSat, Inc. * | 41,091 | 1,139,864 |
Viavi Solutions, Inc. * | 119,362 | 1,247,333 |
Vishay Intertechnology, Inc. | 67,823 | 1,861,063 |
Vontier Corp. | 83,399 | 2,619,563 |
Western Digital Corp. * | 171,684 | 7,725,780 |
Xerox Holdings Corp. | 61,673 | 979,984 |
Zebra Technologies Corp., Class A * | 27,190 | 7,477,522 |
1,948,076,605 | ||
Telecommunication Services 0.8% | ||
Anterix, Inc. * | 10,671 | 353,103 |
AT&T, Inc. | 3,813,185 | 56,397,006 |
ATN International, Inc. | 5,570 | 199,796 |
Bandwidth, Inc., Class A * | 12,385 | 177,973 |
Cogent Communications Holdings, Inc. | 22,868 | 1,614,024 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Consolidated Communications Holdings, Inc. * | 40,257 | 159,015 |
EchoStar Corp., Class A * | 18,302 | 318,089 |
Frontier Communications Parent, Inc. * | 119,252 | 1,910,417 |
GCI Liberty, Inc. *(c) | 47,809 | 8,632 |
Globalstar, Inc. * | 397,314 | 572,132 |
Gogo, Inc. * | 35,988 | 408,464 |
IDT Corp., Class B * | 11,152 | 260,734 |
Iridium Communications, Inc. | 67,116 | 3,285,328 |
Liberty Global plc, Class C * | 216,905 | 4,303,395 |
Liberty Latin America Ltd., Class A * | 5,246 | 46,899 |
Liberty Latin America Ltd., Class C * | 90,870 | 814,195 |
Lumen Technologies, Inc. * | 502,530 | 799,023 |
Radius Global Infrastructure, Inc., Class A * | 41,591 | 620,538 |
Shenandoah Telecommunications Co. | 27,362 | 622,212 |
Telephone and Data Systems, Inc. | 53,864 | 1,157,537 |
T-Mobile US, Inc. * | 307,504 | 41,897,420 |
United States Cellular Corp. * | 7,821 | 358,749 |
Verizon Communications, Inc. | 2,243,702 | 78,484,696 |
194,769,377 | ||
Transportation 1.8% | ||
Air Transport Services Group, Inc. * | 29,869 | 643,976 |
Alaska Air Group, Inc. * | 67,803 | 2,845,692 |
Allegiant Travel Co. | 8,571 | 761,448 |
American Airlines Group, Inc. * | 349,840 | 5,153,143 |
ArcBest Corp. | 12,778 | 1,349,229 |
Avis Budget Group, Inc. * | 12,700 | 2,710,053 |
C.H. Robinson Worldwide, Inc. | 62,172 | 5,622,214 |
CSX Corp. | 1,085,915 | 32,794,633 |
Daseke, Inc. * | 23,430 | 124,179 |
Delta Air Lines, Inc. | 342,992 | 14,707,497 |
Expeditors International of Washington, Inc. | 81,575 | 9,520,618 |
FedEx Corp. | 123,477 | 32,229,967 |
Forward Air Corp. | 13,748 | 973,633 |
Frontier Group Holdings, Inc. * | 20,144 | 126,504 |
GXO Logistics, Inc. * | 63,391 | 4,055,122 |
Hawaiian Holdings, Inc. * | 29,413 | 252,364 |
Heartland Express, Inc. | 25,613 | 386,500 |
Hertz Global Holdings, Inc. * | 82,842 | 1,404,172 |
Hub Group, Inc., Class A * | 17,313 | 1,351,107 |
J.B. Hunt Transport Services, Inc. | 44,323 | 8,327,405 |
JetBlue Airways Corp. * | 176,978 | 1,047,710 |
Joby Aviation, Inc. * | 180,694 | 1,346,170 |
Kirby Corp. * | 32,092 | 2,658,180 |
Knight-Swift Transportation Holdings, Inc. | 85,657 | 4,695,717 |
Landstar System, Inc. | 19,238 | 3,651,565 |
Lyft, Inc., Class A * | 177,217 | 2,087,616 |
Marten Transport Ltd. | 31,325 | 657,825 |
Matson, Inc. | 19,149 | 1,682,814 |
Norfolk Southern Corp. | 121,629 | 24,935,161 |
Old Dominion Freight Line, Inc. | 48,047 | 20,533,846 |
RXO, Inc. * | 62,980 | 1,138,678 |
Ryder System, Inc. | 24,704 | 2,487,693 |
Saia, Inc. * | 14,169 | 6,038,828 |
Schneider National, Inc., Class B | 19,191 | 554,812 |
SkyWest, Inc. * | 23,842 | 1,075,274 |
Southwest Airlines Co. | 318,330 | 10,059,228 |
Spirit Airlines, Inc. | 58,562 | 966,273 |
Sun Country Airlines Holdings, Inc. * | 21,761 | 324,021 |
TuSimple Holdings, Inc., Class A * | 76,523 | 95,654 |
Uber Technologies, Inc. * | 1,080,197 | 51,017,704 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
U-Haul Holding Co. | 5,151 | 293,452 |
Union Pacific Corp. | 325,915 | 71,887,072 |
United Airlines Holdings, Inc. * | 175,015 | 8,717,497 |
United Parcel Service, Inc., Class B | 387,062 | 65,568,303 |
Universal Logistics Holdings, Inc. | 3,740 | 101,429 |
Werner Enterprises, Inc. | 31,560 | 1,313,212 |
XPO, Inc. * | 61,663 | 4,601,910 |
414,877,100 | ||
Utilities 2.3% | ||
ALLETE, Inc. | 30,321 | 1,664,623 |
Alliant Energy Corp. | 133,980 | 6,721,777 |
Altus Power, Inc. * | 20,931 | 135,214 |
Ameren Corp. | 140,273 | 11,119,441 |
American Electric Power Co., Inc. | 275,703 | 21,615,115 |
American States Water Co. | 19,765 | 1,664,411 |
American Water Works Co., Inc. | 103,421 | 14,348,630 |
Atmos Energy Corp. | 78,012 | 9,045,491 |
Avangrid, Inc. | 37,432 | 1,291,404 |
Avista Corp. | 40,863 | 1,360,329 |
Black Hills Corp. | 35,646 | 1,960,530 |
California Water Service Group | 30,159 | 1,515,490 |
CenterPoint Energy, Inc. | 337,105 | 9,401,858 |
Chesapeake Utilities Corp. | 9,466 | 1,042,207 |
Clearway Energy, Inc., Class C | 61,851 | 1,532,049 |
CMS Energy Corp. | 155,016 | 8,710,349 |
Consolidated Edison, Inc. | 186,058 | 16,551,720 |
Constellation Energy Corp. | 173,578 | 18,079,884 |
Dominion Energy, Inc. | 447,586 | 21,725,824 |
DTE Energy Co. | 110,138 | 11,386,066 |
Duke Energy Corp. | 411,716 | 36,560,381 |
Edison International | 204,582 | 14,085,471 |
Entergy Corp. | 113,067 | 10,769,632 |
Essential Utilities, Inc. | 128,849 | 4,754,528 |
Evergy, Inc. | 122,434 | 6,730,197 |
Eversource Energy | 186,761 | 11,919,087 |
Exelon Corp. | 529,425 | 21,240,531 |
FirstEnergy Corp. | 291,114 | 10,500,482 |
Hawaiian Electric Industries, Inc. (a) | 58,226 | 816,329 |
IDACORP, Inc. | 27,007 | 2,588,351 |
MGE Energy, Inc. | 19,348 | 1,401,376 |
Middlesex Water Co. | 9,320 | 701,423 |
Montauk Renewables, Inc. * | 32,202 | 307,529 |
National Fuel Gas Co. | 48,932 | 2,629,606 |
New Jersey Resources Corp. | 51,031 | 2,151,977 |
NextEra Energy, Inc. | 1,079,680 | 72,122,624 |
NiSource, Inc. | 217,674 | 5,824,956 |
Northwest Natural Holding Co. | 19,409 | 762,386 |
NorthWestern Corp. | 31,961 | 1,610,834 |
NRG Energy, Inc. | 122,739 | 4,608,849 |
OGE Energy Corp. | 106,691 | 3,632,829 |
ONE Gas, Inc. | 29,667 | 2,149,967 |
Ormat Technologies, Inc. | 27,902 | 2,118,878 |
Otter Tail Corp. | 22,009 | 1,812,881 |
PG&E Corp. * | 862,639 | 14,061,016 |
Pinnacle West Capital Corp. | 61,117 | 4,722,511 |
PNM Resources, Inc. | 45,648 | 2,022,663 |
Portland General Electric Co. | 51,698 | 2,267,474 |
PPL Corp. | 393,631 | 9,809,285 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Public Service Enterprise Group, Inc. | 266,069 | 16,251,495 |
Sempra | 335,927 | 23,588,794 |
SJW Group | 14,832 | 975,352 |
Southwest Gas Holdings, Inc. | 35,353 | 2,189,411 |
Spire, Inc. | 28,182 | 1,646,111 |
Sunnova Energy International, Inc. *(a) | 53,784 | 748,135 |
The AES Corp. | 358,229 | 6,423,046 |
The Southern Co. | 582,577 | 39,457,940 |
The York Water Co. | 7,252 | 295,446 |
UGI Corp. | 111,519 | 2,808,048 |
Unitil Corp. | 8,367 | 408,477 |
Vistra Corp. | 187,498 | 5,891,187 |
WEC Energy Group, Inc. | 168,424 | 14,167,827 |
Xcel Energy, Inc. | 292,722 | 16,723,208 |
547,130,942 | ||
Total Common Stocks (Cost $14,900,983,954) | 23,403,527,928 |
SHORT-TERM INVESTMENTS 0.2% OF NET ASSETS | ||
Money Market Funds 0.2% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (e) | 15,052,560 | 15,052,560 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (e)(f) | 29,220,235 | 29,220,235 |
44,272,795 | ||
Total Short-Term Investments (Cost $44,272,795) | 44,272,795 | |
Total Investments in Securities (Cost $14,945,256,749) | 23,447,800,723 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
S&P 500 Index, e-mini, expires 09/15/23 | 229 | 51,708,200 | 175,976 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $27,852,027. |
(b) | On October 15, 2023, the issuer filed for bankruptcy. |
(c) | Fair valued using significant unobservable inputs (see financial note 2(a), Securities for which no quoted value is available, for additional information). |
(d) | Issuer is affiliated with the fund’s investment adviser. |
(e) | The rate shown is the annualized 7-day yield. |
(f) | Security purchased with cash collateral received for securities on loan. |
REIT — | Real Estate Investment Trust |
SECURITY | VALUE AT 8/31/22 | PURCHASES | SALES | REALIZED GAINS (LOSSES) | NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) | VALUE AT 8/31/23 | BALANCE OF SHARES HELD AT 8/31/23 | DIVIDENDS RECEIVED |
COMMON STOCKS 0.2% OF NET ASSETS | ||||||||
Financial Services 0.2% | ||||||||
The Charles Schwab Corp. | $55,147,023 | $6,256,843 | ($4,998,150 ) | $1,294,739 | ($11,119,475 ) | $46,580,980 | 787,506 | $773,196 |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Common Stocks1 | $18,382,670,867 | $— | $— | $18,382,670,867 |
Financial Services | 1,789,291,021 | — | 1,645,014 | 1,790,936,035 |
Health Care Equipment & Services | 1,237,275,242 | — | 0 * | 1,237,275,242 |
Pharmaceuticals, Biotechnology & Life Sciences | 1,797,768,220 | — | 108,187 | 1,797,876,407 |
Telecommunication Services | 194,760,745 | — | 8,632 | 194,769,377 |
Short-Term Investments1 | 44,272,795 | — | — | 44,272,795 |
Futures Contracts2 | 175,976 | — | — | 175,976 |
Total | $23,446,214,866 | $— | $1,761,833 | $23,447,976,699 |
* | Level 3 amount shown includes securities determined to have no value at August 31, 2023. |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - affiliated (cost $35,699,975) | $46,580,980 | |
Investments in securities, at value - unaffiliated (cost $14,909,556,774) including securities on loan of $27,852,027 | 23,401,219,743 | |
Cash | 154,211 | |
Deposit with broker for futures contracts | 2,915,000 | |
Receivables: | ||
Dividends | 33,915,018 | |
Investments sold | 1,098,951 | |
Income from securities on loan | + | 429,601 |
Total assets | 23,486,313,504 | |
Liabilities | ||
Collateral held for securities on loan | 29,220,235 | |
Payables: | ||
Investments bought | 1,088,478 | |
Management fees | 589,373 | |
Variation margin on futures contracts | + | 107,056 |
Total liabilities | 31,005,142 | |
Net assets | $23,455,308,362 | |
Net Assets by Source | ||
Capital received from investors | $15,443,071,208 | |
Total distributable earnings | + | 8,012,237,154 |
Net assets | $23,455,308,362 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$23,455,308,362 | 446,550,000 | $52.53 | ||
For the period September 1, 2022 through August 31, 2023 | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $96,964) | $346,485,700 | |
Dividends received from securities - affiliated | 773,196 | |
Securities on loan, net | + | 3,583,853 |
Total investment income | 350,842,749 | |
Expenses | ||
Management fees | 6,365,070 | |
Proxy fees1 | + | 229,357 |
Total expenses | – | 6,594,427 |
Net investment income | 344,248,322 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - affiliated | (717,339 ) | |
Net realized losses on sales of securities - unaffiliated | (232,739,296 ) | |
Net realized gains on sales of in-kind redemptions - affiliated | 2,012,078 | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 642,351,605 | |
Net realized gains on futures contracts | + | 123,945 |
Net realized gains | 411,030,993 | |
Net change in unrealized appreciation (depreciation) on securities - affiliated | (11,119,475 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 2,274,249,125 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 1,967,465 |
Net change in unrealized appreciation (depreciation) | + | 2,265,097,115 |
Net realized and unrealized gains | 2,676,128,108 | |
Increase in net assets resulting from operations | $3,020,376,430 |
1 | Proxy fees are non-routine expenses (see financial note 2(e) for additional information). |
OPERATIONS | |||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||
Net investment income | $344,248,322 | $302,069,846 | |
Net realized gains | 411,030,993 | 246,992,523 | |
Net change in unrealized appreciation (depreciation) | + | 2,265,097,115 | (3,687,905,416 ) |
Increase (decrease) in net assets resulting from operations | $3,020,376,430 | ($3,138,843,047 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($337,594,345 ) | ($301,551,265 ) |
TRANSACTIONS IN FUND SHARES1 | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 35,500,000 | $1,616,821,269 | 39,500,000 | $1,995,061,518 | |
Shares redeemed | + | (26,950,000 ) | (1,204,382,336 ) | (11,400,000 ) | (562,808,987 ) |
Net transactions in fund shares | 8,550,000 | $412,438,933 | 28,100,000 | $1,432,252,531 | |
SHARES OUTSTANDING AND NET ASSETS1 | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 438,000,000 | $20,360,087,344 | 409,900,000 | $22,368,229,125 | |
Total increase (decrease) | + | 8,550,000 | 3,095,221,018 | 28,100,000 | (2,008,141,781 ) |
End of period | 446,550,000 | $23,455,308,362 | 438,000,000 | $20,360,087,344 |
1 | For the period ended August 31, 2022, transactions in fund shares have been retroactively adjusted to reflect a 2-for-1 share split effective after market close on March 10, 2022. The retroactive adjustment of the share split does not change the transaction in fund share values (see financial note 12 for additional information). |
9/1/22– 8/31/23 | 9/1/21– 8/31/22 | 9/1/20– 8/31/21 | 9/1/19– 8/31/20 | 9/1/18– 8/31/19 | ||
Per-Share Data | ||||||
Net asset value at beginning of period | $38.30 | $44.81 | $34.50 | $28.80 | $28.62 | |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 0.63 | 0.57 | 0.56 | 0.61 | 0.57 | |
Net realized and unrealized gains (losses) | 5.15 | (6.51 ) | 10.32 | 5.67 | 0.10 | |
Total from investment operations | 5.78 | (5.94 ) | 10.88 | 6.28 | 0.67 | |
Less distributions: | ||||||
Distributions from net investment income | (0.61 ) | (0.57 ) | (0.57 ) | (0.58 ) | (0.49 ) | |
Net asset value at end of period | $43.47 | $38.30 | $44.81 | $34.50 | $28.80 | |
Total return | 15.31 % | (13.36 %) | 31.95 % | 22.25 % | 2.42 % | |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.05 % | 0.05 %2 | 0.05 % | 0.05 % | 0.05 % | |
Net investment income (loss) | 1.61 % | 1.36 % | 1.43 % | 2.03 % | 2.06 % | |
Portfolio turnover rate3 | 4 % | 4 % | 5 % | 5 % | 5 % | |
Net assets, end of period (x 1,000,000) | $2,939 | $2,235 | $2,090 | $1,145 | $838 |
1 | Calculated based on the average shares outstanding during the period. |
2 | Ratio includes less than 0.005% of non-routine proxy expenses. |
3 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.8% OF NET ASSETS | ||
Automobiles & Components 2.1% | ||
Aptiv plc * | 19,054 | 1,933,028 |
Autoliv, Inc. | 5,454 | 532,310 |
BorgWarner, Inc. | 16,453 | 670,460 |
Ford Motor Co. | 277,136 | 3,361,660 |
General Motors Co. | 98,194 | 3,290,481 |
Gentex Corp. | 16,550 | 540,523 |
Harley-Davidson, Inc. | 9,291 | 313,571 |
Lear Corp. | 4,162 | 599,703 |
Lucid Group, Inc. * | 57,559 | 361,470 |
Phinia, Inc. * | 3,285 | 91,323 |
Rivian Automotive, Inc., Class A * | 39,453 | 896,767 |
Tesla, Inc. * | 189,997 | 49,034,426 |
Thor Industries, Inc. | 3,730 | 390,979 |
62,016,701 | ||
Banks 3.0% | ||
Bank of America Corp. | 488,956 | 14,018,368 |
Bank OZK | 7,540 | 302,882 |
BOK Financial Corp. | 1,981 | 164,641 |
Cadence Bank | 12,870 | 294,466 |
Citigroup, Inc. | 137,327 | 5,670,232 |
Citizens Financial Group, Inc. | 34,172 | 961,258 |
Comerica, Inc. | 9,179 | 441,602 |
Commerce Bancshares, Inc. | 7,962 | 390,855 |
Cullen/Frost Bankers, Inc. | 4,506 | 425,952 |
East West Bancorp, Inc. | 9,899 | 547,811 |
F.N.B. Corp. | 25,263 | 293,809 |
Fifth Third Bancorp | 48,014 | 1,274,772 |
First Citizens BancShares, Inc., Class A | 837 | 1,138,655 |
First Financial Bankshares, Inc. | 9,157 | 262,989 |
First Horizon Corp. | 37,744 | 473,687 |
First Interstate BancSystem, Inc., Class A | 6,188 | 160,331 |
Glacier Bancorp, Inc. | 7,726 | 233,402 |
Home BancShares, Inc. | 13,314 | 295,304 |
Huntington Bancshares, Inc. | 101,496 | 1,125,591 |
JPMorgan Chase & Co. | 206,092 | 30,157,442 |
KeyCorp | 65,532 | 742,478 |
M&T Bank Corp. | 11,694 | 1,462,335 |
New York Community Bancorp, Inc. | 50,615 | 621,552 |
Old National Bancorp | 20,721 | 316,202 |
Pinnacle Financial Partners, Inc. | 5,487 | 365,215 |
Popular, Inc. | 4,993 | 340,922 |
Prosperity Bancshares, Inc. | 6,658 | 378,241 |
Regions Financial Corp. | 66,252 | 1,215,062 |
ServisFirst Bancshares, Inc. | 3,399 | 190,480 |
SouthState Corp. | 5,412 | 391,288 |
Synovus Financial Corp. | 10,245 | 317,185 |
The PNC Financial Services Group, Inc. | 28,182 | 3,402,413 |
Truist Financial Corp. | 94,051 | 2,873,258 |
U.S. Bancorp | 98,533 | 3,599,410 |
UMB Financial Corp. | 3,207 | 202,714 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
United Bankshares, Inc. | 9,483 | 285,249 |
Valley National Bancorp | 29,515 | 270,948 |
Webster Financial Corp. | 12,401 | 525,926 |
Wells Fargo & Co. | 264,741 | 10,931,156 |
Western Alliance Bancorp | 7,780 | 389,078 |
Wintrust Financial Corp. | 4,274 | 331,705 |
Zions Bancorp NA | 10,487 | 372,288 |
88,159,154 | ||
Capital Goods 6.0% | ||
3M Co. | 38,966 | 4,156,503 |
A.O. Smith Corp. | 8,794 | 637,565 |
Acuity Brands, Inc. | 2,211 | 356,590 |
Advanced Drainage Systems, Inc. | 4,379 | 561,213 |
AECOM | 9,770 | 857,318 |
AGCO Corp. | 4,354 | 563,974 |
Allegion plc | 6,216 | 707,443 |
AMETEK, Inc. | 16,297 | 2,599,534 |
Axon Enterprise, Inc. * | 4,942 | 1,052,201 |
Bloom Energy Corp., Class A * | 13,061 | 195,784 |
Builders FirstSource, Inc. * | 9,037 | 1,310,726 |
BWX Technologies, Inc. | 6,373 | 470,072 |
Carlisle Cos., Inc. | 3,586 | 943,190 |
Carrier Global Corp. | 58,965 | 3,387,539 |
Caterpillar, Inc. | 36,349 | 10,218,794 |
ChargePoint Holdings, Inc. *(a) | 18,548 | 132,804 |
Chart Industries, Inc. * | 3,017 | 544,810 |
Crane Co. | 3,343 | 304,614 |
Cummins, Inc. | 10,005 | 2,301,550 |
Curtiss-Wright Corp. | 2,722 | 566,149 |
Deere & Co. | 19,015 | 7,814,024 |
Donaldson Co., Inc. | 8,516 | 543,917 |
Dover Corp. | 9,825 | 1,457,047 |
Eaton Corp. plc | 28,114 | 6,476,622 |
EMCOR Group, Inc. | 3,332 | 747,201 |
Emerson Electric Co. | 40,367 | 3,966,058 |
Fastenal Co. | 40,382 | 2,325,196 |
Fortive Corp. | 24,853 | 1,959,659 |
Fortune Brands Innovations, Inc. | 8,972 | 619,247 |
Generac Holdings, Inc. * | 4,381 | 520,507 |
General Dynamics Corp. | 15,889 | 3,601,083 |
General Electric Co. | 76,747 | 8,784,462 |
Graco, Inc. | 11,843 | 934,886 |
HEICO Corp. | 6,763 | 1,140,986 |
Hexcel Corp. | 5,899 | 432,397 |
Honeywell International, Inc. | 46,904 | 8,815,138 |
Howmet Aerospace, Inc. | 25,883 | 1,280,432 |
Hubbell, Inc. | 3,761 | 1,226,274 |
Huntington Ingalls Industries, Inc. | 2,804 | 617,777 |
IDEX Corp. | 5,315 | 1,203,316 |
Illinois Tool Works, Inc. | 19,531 | 4,830,993 |
Ingersoll Rand, Inc. | 28,483 | 1,982,702 |
ITT, Inc. | 5,784 | 591,588 |
Johnson Controls International plc | 48,466 | 2,862,402 |
L3Harris Technologies, Inc. | 13,378 | 2,382,488 |
Lennox International, Inc. | 2,270 | 855,359 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Lincoln Electric Holdings, Inc. | 4,066 | 782,542 |
Lockheed Martin Corp. | 15,887 | 7,122,936 |
Masco Corp. | 15,821 | 933,597 |
MasTec, Inc. * | 4,162 | 414,077 |
Masterbrand, Inc. * | 8,881 | 113,766 |
MDU Resources Group, Inc. | 14,358 | 292,329 |
Nordson Corp. | 3,773 | 921,140 |
Northrop Grumman Corp. | 10,073 | 4,362,516 |
nVent Electric plc | 11,675 | 660,105 |
Oshkosh Corp. | 4,578 | 475,334 |
Otis Worldwide Corp. | 29,196 | 2,497,718 |
Owens Corning | 6,356 | 914,692 |
PACCAR, Inc. | 36,890 | 3,035,678 |
Parker-Hannifin Corp. | 9,055 | 3,775,029 |
Parsons Corp. * | 2,423 | 138,159 |
Pentair plc | 11,762 | 826,398 |
Plug Power, Inc. *(a) | 38,145 | 322,707 |
Quanta Services, Inc. | 10,263 | 2,153,896 |
RBC Bearings, Inc. * | 2,084 | 480,445 |
Regal Rexnord Corp. | 4,644 | 753,210 |
Rockwell Automation, Inc. | 8,119 | 2,533,778 |
RTX Corp. | 102,992 | 8,861,432 |
Sensata Technologies Holding plc | 10,747 | 404,302 |
SiteOne Landscape Supply, Inc. * | 3,153 | 539,762 |
Snap-on, Inc. | 3,727 | 1,001,072 |
Stanley Black & Decker, Inc. | 10,790 | 1,018,360 |
Sunrun, Inc. * | 15,027 | 234,872 |
Textron, Inc. | 14,238 | 1,106,435 |
The Boeing Co. * | 39,857 | 8,929,164 |
The Middleby Corp. * | 3,755 | 546,690 |
The Timken Co. | 4,620 | 353,060 |
The Toro Co. | 7,343 | 751,336 |
Trane Technologies plc | 16,107 | 3,306,123 |
TransDigm Group, Inc. * | 3,673 | 3,319,841 |
Trex Co., Inc. * | 7,708 | 550,120 |
UFP Industries, Inc. | 4,335 | 452,357 |
United Rentals, Inc. | 4,838 | 2,305,501 |
Valmont Industries, Inc. | 1,483 | 375,941 |
Vertiv Holdings Co. | 22,743 | 895,847 |
W.W. Grainger, Inc. | 3,152 | 2,250,969 |
Watsco, Inc. | 2,343 | 854,141 |
WESCO International, Inc. | 3,179 | 514,521 |
Westinghouse Air Brake Technologies Corp. | 12,673 | 1,425,966 |
WillScot Mobile Mini Holdings Corp. * | 14,273 | 585,478 |
Woodward, Inc. | 4,257 | 550,728 |
Xylem, Inc. | 16,831 | 1,742,682 |
Zurn Elkay Water Solutions Corp., Class C | 9,954 | 294,837 |
176,521,723 | ||
Commercial & Professional Services 1.5% | ||
ASGN, Inc. * | 3,474 | 285,424 |
Automatic Data Processing, Inc. | 29,130 | 7,416,789 |
Booz Allen Hamilton Holding Corp., Class A | 9,369 | 1,061,601 |
Broadridge Financial Solutions, Inc. | 8,320 | 1,549,267 |
CACI International, Inc., Class A * | 1,606 | 526,784 |
Casella Waste Systems, Inc., Class A * | 3,929 | 309,487 |
Ceridian HCM Holding, Inc. * | 10,938 | 793,224 |
Cintas Corp. | 6,104 | 3,077,454 |
Clarivate plc * | 30,455 | 226,281 |
Clean Harbors, Inc. * | 3,603 | 610,132 |
Concentrix Corp. | 2,978 | 237,734 |
Copart, Inc. * | 60,640 | 2,718,491 |
Driven Brands Holdings, Inc. * | 3,779 | 56,874 |
Dun & Bradstreet Holdings, Inc. | 15,484 | 168,776 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Equifax, Inc. | 8,628 | 1,783,408 |
ExlService Holdings, Inc. * | 11,684 | 341,523 |
Exponent, Inc. | 3,529 | 317,116 |
FTI Consulting, Inc. * | 2,397 | 445,410 |
Genpact Ltd. | 12,010 | 448,333 |
Insperity, Inc. | 2,535 | 256,871 |
Jacobs Solutions, Inc. | 8,945 | 1,205,965 |
KBR, Inc. | 9,504 | 584,686 |
Leidos Holdings, Inc. | 9,717 | 947,505 |
MSA Safety, Inc. | 2,597 | 474,420 |
Paychex, Inc. | 22,662 | 2,769,976 |
Paycom Software, Inc. | 3,420 | 1,008,353 |
Paycor HCM, Inc. * | 3,423 | 80,338 |
Paylocity Holding Corp. * | 2,894 | 580,247 |
Republic Services, Inc. | 14,522 | 2,093,056 |
Robert Half International, Inc. | 7,544 | 557,954 |
Rollins, Inc. | 16,301 | 645,030 |
Science Applications International Corp. | 3,780 | 444,755 |
SS&C Technologies Holdings, Inc. | 15,262 | 876,344 |
Stericycle, Inc. * | 6,410 | 283,386 |
Tetra Tech, Inc. | 3,722 | 585,657 |
TransUnion | 13,644 | 1,108,166 |
TriNet Group, Inc. * | 2,418 | 268,229 |
Verisk Analytics, Inc. | 10,230 | 2,477,910 |
Waste Management, Inc. | 26,106 | 4,092,899 |
43,715,855 | ||
Consumer Discretionary Distribution & Retail 5.3% | ||
Advance Auto Parts, Inc. | 4,159 | 286,222 |
Amazon.com, Inc. * | 629,507 | 86,878,261 |
AutoNation, Inc. * | 2,214 | 347,797 |
AutoZone, Inc. * | 1,294 | 3,275,541 |
Bath & Body Works, Inc. | 16,071 | 592,538 |
Best Buy Co., Inc. | 13,723 | 1,049,123 |
Burlington Stores, Inc. * | 4,580 | 743,151 |
CarMax, Inc. * | 11,128 | 908,935 |
Dick's Sporting Goods, Inc. | 4,340 | 504,916 |
eBay, Inc. | 37,773 | 1,691,475 |
Etsy, Inc. * | 8,699 | 639,985 |
Five Below, Inc. * | 3,942 | 677,866 |
Floor & Decor Holdings, Inc., Class A * | 7,456 | 743,363 |
GameStop Corp., Class A *(a) | 17,875 | 331,581 |
Genuine Parts Co. | 9,947 | 1,529,152 |
Lithia Motors, Inc. | 1,940 | 597,559 |
LKQ Corp. | 17,872 | 938,816 |
Lowe’s Cos., Inc. | 42,074 | 9,697,216 |
Macy's, Inc. | 19,074 | 233,275 |
Murphy USA, Inc. | 1,405 | 446,284 |
O'Reilly Automotive, Inc. * | 4,295 | 4,036,012 |
Penske Automotive Group, Inc. | 1,701 | 279,474 |
Pool Corp. | 2,741 | 1,002,110 |
RH * | 1,244 | 454,296 |
Ross Stores, Inc. | 24,175 | 2,944,757 |
The Home Depot, Inc. | 71,416 | 23,588,705 |
The TJX Cos., Inc. | 81,182 | 7,507,711 |
Tractor Supply Co. | 7,753 | 1,694,031 |
Ulta Beauty, Inc. * | 3,524 | 1,462,566 |
Valvoline, Inc. | 9,768 | 336,410 |
Williams-Sonoma, Inc. | 4,600 | 649,520 |
156,068,648 | ||
Consumer Durables & Apparel 1.0% | ||
Brunswick Corp. | 4,974 | 393,543 |
Capri Holdings Ltd. * | 8,811 | 462,489 |
Columbia Sportswear Co. | 2,462 | 180,563 |
Crocs, Inc. * | 4,395 | 427,809 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
D.R. Horton, Inc. | 21,941 | 2,611,418 |
Deckers Outdoor Corp. * | 1,873 | 990,985 |
Garmin Ltd. | 10,734 | 1,138,019 |
Hasbro, Inc. | 9,176 | 660,672 |
Leggett & Platt, Inc. | 9,312 | 262,598 |
Lennar Corp., Class A | 17,956 | 2,138,380 |
Lululemon Athletica, Inc. * | 8,177 | 3,117,563 |
Mattel, Inc. * | 24,992 | 553,823 |
Mohawk Industries, Inc. * | 3,681 | 373,217 |
Newell Brands, Inc. | 26,244 | 277,661 |
NIKE, Inc., Class B | 86,855 | 8,834,022 |
NVR, Inc. * | 215 | 1,371,126 |
Polaris, Inc. | 3,764 | 421,907 |
PulteGroup, Inc. | 15,711 | 1,289,245 |
Skechers U.S.A., Inc., Class A * | 9,371 | 471,455 |
Tapestry, Inc. | 16,372 | 545,515 |
Tempur Sealy International, Inc. | 12,133 | 566,854 |
Toll Brothers, Inc. | 7,203 | 590,142 |
TopBuild Corp. * | 2,247 | 651,810 |
VF Corp. | 23,138 | 457,207 |
Whirlpool Corp. | 3,853 | 539,266 |
29,327,289 | ||
Consumer Services 2.3% | ||
ADT, Inc. | 14,921 | 95,793 |
Airbnb, Inc., Class A * | 29,112 | 3,829,684 |
Aramark | 19,391 | 720,957 |
Booking Holdings, Inc. * | 2,603 | 8,082,393 |
Boyd Gaming Corp. | 5,432 | 363,238 |
Caesars Entertainment, Inc. * | 15,081 | 833,376 |
Carnival Corp. * | 70,475 | 1,114,914 |
Chipotle Mexican Grill, Inc. * | 1,943 | 3,743,461 |
Choice Hotels International, Inc. | 1,862 | 236,288 |
Churchill Downs, Inc. | 4,628 | 579,796 |
Darden Restaurants, Inc. | 8,494 | 1,320,902 |
Domino’s Pizza, Inc. | 2,503 | 969,662 |
DoorDash, Inc., Class A * | 18,538 | 1,559,602 |
DraftKings, Inc., Class A * | 32,588 | 966,234 |
Expedia Group, Inc. * | 10,056 | 1,089,970 |
H&R Block, Inc. | 10,669 | 426,547 |
Hilton Grand Vacations, Inc. * | 5,319 | 232,547 |
Hilton Worldwide Holdings, Inc. | 18,694 | 2,778,863 |
Hyatt Hotels Corp., Class A | 3,289 | 369,716 |
Las Vegas Sands Corp. | 23,110 | 1,267,815 |
Light & Wonder, Inc. * | 6,413 | 491,685 |
Marriott International, Inc., Class A | 18,213 | 3,706,528 |
Marriott Vacations Worldwide Corp. | 2,588 | 281,290 |
McDonald’s Corp. | 51,489 | 14,476,132 |
MGM Resorts International | 21,297 | 936,642 |
Norwegian Cruise Line Holdings Ltd. * | 29,803 | 493,836 |
Penn Entertainment, Inc. * | 10,925 | 258,813 |
Planet Fitness, Inc., Class A * | 5,988 | 364,070 |
Royal Caribbean Cruises Ltd. * | 15,547 | 1,538,220 |
Service Corp. International | 10,664 | 673,005 |
Starbucks Corp. | 80,815 | 7,874,614 |
Texas Roadhouse, Inc. | 4,700 | 489,270 |
The Wendy's Co. | 11,995 | 237,381 |
Vail Resorts, Inc. | 2,839 | 642,522 |
Wyndham Hotels & Resorts, Inc. | 6,047 | 455,883 |
Wynn Resorts Ltd. | 7,305 | 740,581 |
Yum! Brands, Inc. | 19,792 | 2,560,689 |
66,802,919 | ||
Consumer Staples Distribution & Retail 1.7% | ||
Albertsons Cos., Inc., Class A | 14,186 | 317,766 |
BJ's Wholesale Club Holdings, Inc. * | 9,507 | 640,677 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Casey's General Stores, Inc. | 2,655 | 648,909 |
Costco Wholesale Corp. | 31,265 | 17,173,239 |
Dollar General Corp. | 15,483 | 2,144,395 |
Dollar Tree, Inc. * | 14,644 | 1,791,840 |
Performance Food Group Co. * | 10,946 | 680,075 |
Sysco Corp. | 35,712 | 2,487,341 |
Target Corp. | 32,585 | 4,123,632 |
The Kroger Co. | 46,187 | 2,142,615 |
US Foods Holding Corp. * | 15,996 | 646,718 |
Walgreens Boots Alliance, Inc. | 50,352 | 1,274,409 |
Walmart, Inc. | 98,919 | 16,085,219 |
50,156,835 | ||
Energy 4.4% | ||
Antero Resources Corp. * | 19,441 | 537,932 |
APA Corp. | 21,789 | 955,230 |
Baker Hughes Co. | 71,413 | 2,584,436 |
ChampionX Corp. | 14,016 | 505,837 |
Cheniere Energy, Inc. | 17,168 | 2,801,818 |
Chesapeake Energy Corp. | 7,507 | 662,192 |
Chevron Corp. | 125,701 | 20,250,431 |
Chord Energy Corp. | 2,910 | 469,965 |
Civitas Resources, Inc. | 3,476 | 285,797 |
Comstock Resources, Inc. | 6,202 | 76,037 |
ConocoPhillips | 85,313 | 10,154,806 |
Coterra Energy, Inc. | 53,475 | 1,507,460 |
Denbury, Inc. * | 3,494 | 319,981 |
Devon Energy Corp. | 45,361 | 2,317,494 |
Diamondback Energy, Inc. | 12,816 | 1,945,212 |
DTE Midstream LLC | 6,796 | 355,363 |
EOG Resources, Inc. | 41,276 | 5,308,919 |
EQT Corp. | 25,513 | 1,102,672 |
Exxon Mobil Corp. | 285,128 | 31,703,382 |
Halliburton Co. | 63,685 | 2,459,515 |
Helmerich & Payne, Inc. | 7,137 | 285,409 |
Hess Corp. | 19,522 | 3,016,149 |
HF Sinclair Corp. | 9,095 | 501,044 |
Kinder Morgan, Inc. | 139,398 | 2,400,434 |
Magnolia Oil & Gas Corp., Class A | 11,793 | 268,880 |
Marathon Oil Corp. | 43,621 | 1,149,413 |
Marathon Petroleum Corp. | 29,958 | 4,277,104 |
Matador Resources Co. | 8,028 | 509,778 |
Murphy Oil Corp. | 10,236 | 464,714 |
New Fortress Energy, Inc. | 3,398 | 105,474 |
NOV, Inc. | 27,588 | 582,934 |
Occidental Petroleum Corp. | 50,666 | 3,181,318 |
ONEOK, Inc. | 31,553 | 2,057,256 |
Ovintiv, Inc. | 17,233 | 809,262 |
PBF Energy, Inc., Class A | 7,740 | 362,929 |
Phillips 66 | 32,408 | 3,699,697 |
Pioneer Natural Resources Co. | 16,483 | 3,921,800 |
Range Resources Corp. | 17,008 | 550,719 |
Schlumberger N.V. | 100,574 | 5,929,843 |
SM Energy Co. | 8,398 | 355,319 |
Southwestern Energy Co. * | 77,356 | 524,474 |
Targa Resources Corp. | 15,880 | 1,369,650 |
Texas Pacific Land Corp. | 433 | 816,097 |
The Williams Cos., Inc. | 85,904 | 2,966,265 |
Valero Energy Corp. | 25,543 | 3,318,036 |
Vitesse Energy, Inc. | 1,510 | 35,092 |
129,763,569 | ||
Equity Real Estate Investment Trusts (REITs) 2.5% | ||
Agree Realty Corp. | 6,572 | 406,281 |
Alexandria Real Estate Equities, Inc. | 11,067 | 1,287,535 |
American Homes 4 Rent, Class A | 22,178 | 799,295 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
American Tower Corp. | 32,877 | 5,961,258 |
Americold Realty Trust, Inc. | 18,947 | 637,567 |
Apartment Income REIT Corp. | 10,686 | 363,965 |
AvalonBay Communities, Inc. | 10,011 | 1,840,222 |
Boston Properties, Inc. | 10,021 | 669,102 |
Brixmor Property Group, Inc. | 21,081 | 463,360 |
Camden Property Trust | 7,526 | 809,948 |
Crown Castle, Inc. | 30,638 | 3,079,119 |
CubeSmart | 15,703 | 654,972 |
Digital Realty Trust, Inc. | 20,549 | 2,706,714 |
EastGroup Properties, Inc. | 3,134 | 562,960 |
Equinix, Inc. | 6,587 | 5,146,950 |
Equity LifeStyle Properties, Inc. | 12,305 | 823,943 |
Equity Residential | 24,049 | 1,559,097 |
Essex Property Trust, Inc. | 4,531 | 1,080,145 |
Extra Space Storage, Inc. | 14,862 | 1,912,442 |
Federal Realty Investment Trust | 5,189 | 508,211 |
First Industrial Realty Trust, Inc. | 9,275 | 481,744 |
Gaming & Leisure Properties, Inc. | 18,533 | 878,464 |
Healthcare Realty Trust, Inc. | 26,760 | 468,835 |
Healthpeak Properties, Inc. | 38,403 | 790,334 |
Host Hotels & Resorts, Inc. | 50,206 | 792,753 |
Independence Realty Trust, Inc. | 15,723 | 264,618 |
Invitation Homes, Inc. | 40,933 | 1,395,406 |
Iron Mountain, Inc. | 20,644 | 1,311,720 |
Kilroy Realty Corp. | 7,419 | 274,132 |
Kimco Realty Corp. | 43,508 | 824,042 |
Kite Realty Group Trust | 15,282 | 344,915 |
Lamar Advertising Co., Class A | 6,129 | 559,087 |
Medical Properties Trust, Inc. | 42,168 | 304,453 |
Mid-America Apartment Communities, Inc. | 8,232 | 1,195,533 |
National Storage Affiliates Trust | 5,804 | 195,014 |
NNN REIT, Inc. | 12,758 | 502,538 |
Omega Healthcare Investors, Inc. | 16,384 | 521,339 |
Prologis, Inc. | 65,112 | 8,086,910 |
Public Storage | 11,179 | 3,089,652 |
Rayonier, Inc. | 10,369 | 310,033 |
Realty Income Corp. | 47,580 | 2,666,383 |
Regency Centers Corp. | 11,588 | 720,774 |
Rexford Industrial Realty, Inc. | 14,176 | 757,991 |
Ryman Hospitality Properties, Inc. | 4,153 | 353,130 |
SBA Communications Corp. | 7,660 | 1,719,900 |
Simon Property Group, Inc. | 23,111 | 2,622,867 |
Spirit Realty Capital, Inc. | 9,958 | 384,478 |
STAG Industrial, Inc. | 12,560 | 458,817 |
Sun Communities, Inc. | 8,771 | 1,073,746 |
Terreno Realty Corp. | 5,233 | 318,637 |
UDR, Inc. | 21,728 | 866,947 |
Ventas, Inc. | 28,367 | 1,239,071 |
VICI Properties, Inc. | 70,662 | 2,179,216 |
Vornado Realty Trust | 11,597 | 278,560 |
Welltower, Inc. | 35,122 | 2,910,911 |
Weyerhaeuser Co. | 51,550 | 1,688,262 |
WP Carey, Inc. | 15,094 | 981,865 |
75,086,163 | ||
Financial Services 7.7% | ||
Affiliated Managers Group, Inc. | 2,538 | 340,117 |
Affirm Holdings, Inc. * | 15,696 | 326,634 |
AGNC Investment Corp. | 41,958 | 415,804 |
Ally Financial, Inc. | 21,401 | 592,594 |
American Express Co. | 41,921 | 6,623,099 |
Ameriprise Financial, Inc. | 7,359 | 2,484,251 |
Annaly Capital Management, Inc. | 34,800 | 705,396 |
Apollo Global Management, Inc. | 30,409 | 2,655,922 |
Ares Management Corp., Class A | 11,329 | 1,171,872 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Berkshire Hathaway, Inc., Class B * | 125,765 | 45,300,553 |
BlackRock, Inc. | 10,564 | 7,400,505 |
Blackstone Mortgage Trust, Inc., Class A | 12,239 | 269,503 |
Blackstone, Inc. | 49,824 | 5,299,779 |
Block, Inc. * | 38,456 | 2,216,988 |
Blue Owl Capital, Inc. | 24,996 | 298,702 |
Capital One Financial Corp. | 26,968 | 2,761,253 |
Cboe Global Markets, Inc. | 7,431 | 1,112,495 |
CME Group, Inc. | 25,384 | 5,144,829 |
Coinbase Global, Inc., Class A * | 11,722 | 933,071 |
Credit Acceptance Corp. * | 421 | 211,245 |
Discover Financial Services | 17,904 | 1,612,613 |
Equitable Holdings, Inc. | 23,396 | 673,805 |
Essent Group Ltd. | 7,566 | 379,964 |
Euronet Worldwide, Inc. * | 3,285 | 286,978 |
FactSet Research Systems, Inc. | 2,719 | 1,186,599 |
Fidelity National Information Services, Inc. | 41,843 | 2,337,350 |
Fiserv, Inc. * | 43,545 | 5,285,928 |
FleetCor Technologies, Inc. * | 5,233 | 1,421,963 |
Franklin Resources, Inc. | 20,045 | 536,003 |
Global Payments, Inc. | 18,471 | 2,340,091 |
Interactive Brokers Group, Inc., Class A | 7,202 | 655,958 |
Intercontinental Exchange, Inc. | 39,538 | 4,665,089 |
Invesco Ltd. | 32,472 | 516,954 |
Jack Henry & Associates, Inc. | 5,105 | 800,362 |
Jefferies Financial Group, Inc. | 13,201 | 471,144 |
KKR & Co., Inc. | 40,797 | 2,562,460 |
LPL Financial Holdings, Inc. | 5,479 | 1,263,403 |
MarketAxess Holdings, Inc. | 2,642 | 636,537 |
Mastercard, Inc., Class A | 59,011 | 24,350,299 |
MGIC Investment Corp. | 20,056 | 352,584 |
Moody's Corp. | 11,148 | 3,754,646 |
Morgan Stanley | 91,844 | 7,820,517 |
Morningstar, Inc. | 1,751 | 407,405 |
MSCI, Inc. | 5,657 | 3,075,258 |
Nasdaq, Inc. | 23,874 | 1,252,907 |
Northern Trust Corp. | 14,635 | 1,113,284 |
OneMain Holdings, Inc. | 8,531 | 354,122 |
PayPal Holdings, Inc. * | 78,729 | 4,921,350 |
Raymond James Financial, Inc. | 13,444 | 1,406,108 |
Rithm Capital Corp. | 34,092 | 351,488 |
Robinhood Markets, Inc., Class A * | 36,283 | 395,122 |
S&P Global, Inc. | 23,122 | 9,037,465 |
SEI Investments Co. | 7,137 | 442,922 |
SoFi Technologies, Inc. * | 57,792 | 500,479 |
Starwood Property Trust, Inc. | 21,707 | 443,474 |
State Street Corp. | 23,584 | 1,621,164 |
Stifel Financial Corp. | 7,497 | 487,455 |
Synchrony Financial | 30,227 | 975,728 |
T. Rowe Price Group, Inc. | 15,817 | 1,775,142 |
The Bank of New York Mellon Corp. | 50,641 | 2,272,262 |
The Carlyle Group, Inc. | 15,283 | 494,405 |
The Charles Schwab Corp. (b) | 103,986 | 6,150,772 |
The Goldman Sachs Group, Inc. | 23,441 | 7,681,850 |
The Western Union Co. | 26,218 | 323,792 |
Toast, Inc., Class A * | 23,799 | 527,624 |
Tradeweb Markets, Inc., Class A | 8,082 | 698,527 |
Visa, Inc., Class A | 114,123 | 28,037,739 |
Voya Financial, Inc. | 6,944 | 483,858 |
WEX, Inc. * | 3,060 | 600,311 |
226,007,872 | ||
Food, Beverage & Tobacco 3.0% | ||
Altria Group, Inc. | 125,910 | 5,567,740 |
Archer-Daniels-Midland Co. | 38,446 | 3,048,768 |
Brown-Forman Corp., Class B | 12,860 | 850,432 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Bunge Ltd. | 10,613 | 1,213,278 |
Campbell Soup Co. | 14,133 | 589,346 |
Celsius Holdings, Inc. * | 2,843 | 557,342 |
Conagra Brands, Inc. | 33,518 | 1,001,518 |
Constellation Brands, Inc., Class A | 11,391 | 2,968,039 |
Darling Ingredients, Inc. * | 11,241 | 694,244 |
Flowers Foods, Inc. | 13,567 | 319,639 |
General Mills, Inc. | 41,339 | 2,796,997 |
Hormel Foods Corp. | 20,360 | 785,692 |
Ingredion, Inc. | 4,648 | 478,326 |
Kellogg Co. | 18,126 | 1,106,048 |
Keurig Dr Pepper, Inc. | 59,615 | 2,006,045 |
Lamb Weston Holdings, Inc. | 10,272 | 1,000,596 |
Lancaster Colony Corp. | 1,398 | 230,936 |
McCormick & Co., Inc. Non Voting Shares | 17,639 | 1,447,809 |
Molson Coors Beverage Co., Class B | 13,206 | 838,449 |
Mondelez International, Inc., Class A | 96,058 | 6,845,093 |
Monster Beverage Corp. * | 53,998 | 3,100,025 |
National Beverage Corp. * | 1,585 | 81,326 |
PepsiCo, Inc. | 97,165 | 17,287,597 |
Philip Morris International, Inc. | 109,526 | 10,521,068 |
Pilgrim's Pride Corp. * | 3,195 | 80,386 |
Post Holdings, Inc. * | 3,726 | 334,259 |
Seaboard Corp. | 17 | 64,096 |
The Coca-Cola Co. | 274,489 | 16,422,677 |
The Hershey Co. | 10,411 | 2,236,907 |
The J.M. Smucker Co. | 7,552 | 1,094,662 |
The Kraft Heinz Co. | 56,447 | 1,867,831 |
Tyson Foods, Inc., Class A | 20,050 | 1,068,063 |
88,505,234 | ||
Health Care Equipment & Services 5.3% | ||
Abbott Laboratories | 122,652 | 12,620,891 |
Acadia Healthcare Co., Inc. * | 6,452 | 497,449 |
agilon health, Inc. * | 20,503 | 363,313 |
Align Technology, Inc. * | 5,008 | 1,853,661 |
AMN Healthcare Services, Inc. * | 2,797 | 247,199 |
Baxter International, Inc. | 35,688 | 1,448,933 |
Becton Dickinson & Co. | 20,027 | 5,596,545 |
Boston Scientific Corp. * | 101,426 | 5,470,918 |
Cardinal Health, Inc. | 17,954 | 1,567,923 |
Cencora, Inc. | 11,447 | 2,014,443 |
Centene Corp. * | 38,698 | 2,385,732 |
Chemed Corp. | 1,063 | 543,661 |
CVS Health Corp. | 90,426 | 5,893,062 |
DaVita, Inc. * | 3,907 | 400,155 |
Dentsply Sirona, Inc. | 14,899 | 552,604 |
DexCom, Inc. * | 27,362 | 2,763,015 |
Edwards Lifesciences Corp. * | 42,834 | 3,275,516 |
Elevance Health, Inc. | 16,712 | 7,386,871 |
Encompass Health Corp. | 7,101 | 504,455 |
Envista Holdings Corp. * | 11,471 | 367,301 |
GE Healthcare, Inc. | 27,510 | 1,938,079 |
Globus Medical, Inc., Class A * | 8,409 | 454,927 |
Guardant Health, Inc. * | 8,064 | 315,141 |
HCA Healthcare, Inc. | 14,557 | 4,036,656 |
HealthEquity, Inc. * | 6,053 | 408,880 |
Henry Schein, Inc. * | 9,234 | 706,770 |
Hologic, Inc. * | 17,297 | 1,292,778 |
Humana, Inc. | 8,819 | 4,071,115 |
IDEXX Laboratories, Inc. * | 5,860 | 2,996,863 |
Inspire Medical Systems, Inc. * | 2,047 | 464,423 |
Insulet Corp. * | 4,930 | 945,130 |
Intuitive Surgical, Inc. * | 24,695 | 7,721,633 |
iRhythm Technologies, Inc. * | 2,127 | 219,868 |
Laboratory Corp. of America Holdings | 6,277 | 1,306,244 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Lantheus Holdings, Inc. * | 4,815 | 329,539 |
Masimo Corp. * | 3,429 | 391,866 |
McKesson Corp. | 9,578 | 3,949,201 |
Medtronic plc | 93,797 | 7,644,455 |
Molina Healthcare, Inc. * | 4,102 | 1,272,112 |
Novocure Ltd. * | 6,513 | 143,677 |
Omnicell, Inc. * | 3,165 | 179,962 |
Option Care Health, Inc. * | 11,699 | 407,476 |
Penumbra, Inc. * | 2,720 | 719,440 |
Premier, Inc., Class A | 8,380 | 180,421 |
Privia Health Group, Inc. * | 6,490 | 170,363 |
Quest Diagnostics, Inc. | 7,889 | 1,037,404 |
QuidelOrtho Corp. * | 3,806 | 313,462 |
R1 RCM, Inc. * | 9,632 | 166,056 |
ResMed, Inc. | 10,339 | 1,650,001 |
Shockwave Medical, Inc. * | 2,568 | 565,962 |
STAAR Surgical Co. * | 3,374 | 146,297 |
STERIS plc | 6,980 | 1,602,538 |
Stryker Corp. | 23,811 | 6,751,609 |
Teladoc Health, Inc. * | 11,412 | 258,368 |
Teleflex, Inc. | 3,331 | 708,637 |
Tenet Healthcare Corp. * | 7,187 | 557,424 |
The Cigna Group | 20,870 | 5,765,546 |
The Cooper Cos., Inc. | 3,501 | 1,295,335 |
The Ensign Group, Inc. | 3,938 | 394,666 |
UnitedHealth Group, Inc. | 65,659 | 31,291,766 |
Universal Health Services, Inc., Class B | 4,436 | 597,529 |
Veeva Systems, Inc., Class A * | 10,304 | 2,150,445 |
Zimmer Biomet Holdings, Inc. | 14,672 | 1,747,729 |
155,021,440 | ||
Household & Personal Products 1.4% | ||
Church & Dwight Co., Inc. | 17,224 | 1,666,766 |
Colgate-Palmolive Co. | 58,562 | 4,302,550 |
Coty, Inc., Class A * | 25,931 | 299,762 |
Kenvue, Inc. | 121,534 | 2,801,365 |
Kimberly-Clark Corp. | 23,837 | 3,070,921 |
Olaplex Holdings, Inc. * | 5,799 | 15,715 |
Reynolds Consumer Products, Inc. | 3,845 | 104,930 |
The Clorox Co. | 8,718 | 1,363,931 |
The Estee Lauder Cos., Inc., Class A | 16,373 | 2,628,358 |
The Procter & Gamble Co. | 166,222 | 25,654,704 |
41,909,002 | ||
Insurance 2.2% | ||
Aflac, Inc. | 38,858 | 2,897,641 |
American Financial Group, Inc. | 4,896 | 567,544 |
American International Group, Inc. | 51,100 | 2,990,372 |
Aon plc, Class A | 14,411 | 4,804,483 |
Arch Capital Group Ltd. * | 26,336 | 2,024,185 |
Arthur J. Gallagher & Co. | 15,130 | 3,487,162 |
Assurant, Inc. | 3,749 | 522,348 |
Axis Capital Holdings Ltd. | 5,433 | 298,054 |
Brown & Brown, Inc. | 16,723 | 1,239,174 |
Chubb Ltd. | 29,238 | 5,873,037 |
Cincinnati Financial Corp. | 11,032 | 1,167,075 |
CNA Financial Corp. | 1,869 | 73,508 |
Erie Indemnity Co., Class A | 1,737 | 484,154 |
Everest Group Ltd. | 3,010 | 1,085,647 |
F&G Annuities & Life, Inc. | 1,197 | 33,887 |
Fidelity National Financial, Inc. | 19,129 | 791,941 |
First American Financial Corp. | 7,287 | 449,462 |
Globe Life, Inc. | 6,260 | 698,428 |
Kinsale Capital Group, Inc. | 1,542 | 614,687 |
Lincoln National Corp. | 10,892 | 279,489 |
Loews Corp. | 13,347 | 828,715 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Markel Group, Inc. * | 940 | 1,390,185 |
Marsh & McLennan Cos., Inc. | 34,895 | 6,804,176 |
MetLife, Inc. | 45,453 | 2,878,993 |
Old Republic International Corp. | 19,011 | 519,951 |
Primerica, Inc. | 2,544 | 511,242 |
Principal Financial Group, Inc. | 15,852 | 1,231,859 |
Prudential Financial, Inc. | 25,792 | 2,441,729 |
Reinsurance Group of America, Inc. | 4,674 | 647,910 |
RenaissanceRe Holdings Ltd. | 3,522 | 661,749 |
RLI Corp. | 2,842 | 373,780 |
Ryan Specialty Holdings, Inc., Class A * | 6,492 | 316,485 |
Selective Insurance Group, Inc. | 4,246 | 421,246 |
The Allstate Corp. | 18,601 | 2,005,374 |
The Hanover Insurance Group, Inc. | 2,539 | 270,962 |
The Hartford Financial Services Group, Inc. | 21,883 | 1,571,637 |
The Progressive Corp. | 41,316 | 5,514,446 |
The Travelers Cos., Inc. | 16,281 | 2,624,986 |
Unum Group | 12,970 | 637,994 |
W.R. Berkley Corp. | 14,131 | 874,144 |
Willis Towers Watson plc | 7,481 | 1,546,772 |
64,456,613 | ||
Materials 2.6% | ||
Air Products and Chemicals, Inc. | 15,675 | 4,631,806 |
Albemarle Corp. | 8,276 | 1,644,524 |
Alcoa Corp. | 12,672 | 381,174 |
Amcor plc | 103,595 | 1,009,015 |
AptarGroup, Inc. | 4,630 | 613,753 |
Ashland, Inc. | 3,393 | 293,936 |
Avery Dennison Corp. | 5,695 | 1,072,824 |
Axalta Coating Systems Ltd. * | 15,530 | 439,499 |
Balchem Corp. | 2,287 | 321,323 |
Ball Corp. | 22,109 | 1,203,835 |
Berry Global Group, Inc. | 8,394 | 548,464 |
Celanese Corp. | 7,067 | 892,986 |
CF Industries Holdings, Inc. | 13,804 | 1,063,874 |
Cleveland-Cliffs, Inc. * | 36,278 | 554,691 |
Commercial Metals Co. | 8,183 | 460,621 |
Corteva, Inc. | 50,190 | 2,535,097 |
Crown Holdings, Inc. | 8,529 | 790,297 |
Dow, Inc. | 50,002 | 2,728,109 |
DuPont de Nemours, Inc. | 32,439 | 2,494,235 |
Eagle Materials, Inc. | 2,541 | 481,062 |
Eastman Chemical Co. | 8,365 | 711,109 |
Ecolab, Inc. | 17,501 | 3,216,859 |
Element Solutions, Inc. | 15,737 | 324,497 |
FMC Corp. | 8,770 | 756,237 |
Freeport-McMoRan, Inc. | 101,071 | 4,033,744 |
Graphic Packaging Holding Co. | 21,660 | 481,718 |
Huntsman Corp. | 12,022 | 335,053 |
International Flavors & Fragrances, Inc. | 17,939 | 1,263,802 |
International Paper Co. | 24,455 | 853,969 |
Knife River Corp. * | 3,582 | 184,330 |
Linde plc | 34,531 | 13,364,878 |
Livent Corp. * | 12,698 | 272,626 |
LyondellBasell Industries N.V., Class A | 17,857 | 1,763,736 |
Martin Marietta Materials, Inc. | 4,381 | 1,955,722 |
MP Materials Corp. * | 6,372 | 133,430 |
Newmont Corp. | 56,199 | 2,215,365 |
Nucor Corp. | 17,751 | 3,054,947 |
Olin Corp. | 8,468 | 491,313 |
Packaging Corp. of America | 6,323 | 942,759 |
PPG Industries, Inc. | 16,643 | 2,359,312 |
Reliance Steel & Aluminum Co. | 4,156 | 1,184,294 |
Royal Gold, Inc. | 4,607 | 516,399 |
RPM International, Inc. | 9,038 | 901,450 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Sealed Air Corp. | 10,198 | 377,938 |
Silgan Holdings, Inc. | 5,901 | 266,312 |
Sonoco Products Co. | 6,872 | 394,796 |
Steel Dynamics, Inc. | 11,320 | 1,206,599 |
The Chemours Co. | 10,465 | 356,019 |
The Mosaic Co. | 23,428 | 910,178 |
The Sherwin-Williams Co. | 16,567 | 4,501,585 |
United States Steel Corp. | 15,905 | 494,486 |
Vulcan Materials Co. | 9,357 | 2,042,165 |
Westlake Corp. | 2,385 | 312,387 |
Westrock Co. | 17,918 | 586,098 |
76,927,237 | ||
Media & Entertainment 7.5% | ||
Activision Blizzard, Inc. | 50,493 | 4,644,851 |
Alphabet, Inc., Class A * | 418,984 | 57,053,051 |
Alphabet, Inc., Class C * | 360,405 | 49,501,627 |
AMC Entertainment Holdings, Inc., Class A * | 4,168 | 52,308 |
Atlanta Braves Holdings, Inc., Class C * | 3,087 | 113,725 |
Cable One, Inc. | 332 | 215,989 |
Charter Communications, Inc., Class A * | 7,335 | 3,213,610 |
Comcast Corp., Class A | 293,401 | 13,719,431 |
DISH Network Corp., Class A * | 17,835 | 107,010 |
Electronic Arts, Inc. | 18,410 | 2,208,832 |
Endeavor Group Holdings, Inc., Class A * | 12,692 | 277,828 |
Fox Corp., Class A | 28,010 | 926,011 |
Getty Images Holdings, Inc. * | 2,942 | 12,945 |
IAC, Inc. * | 5,305 | 293,526 |
Liberty Broadband Corp., Class C * | 8,299 | 776,454 |
Liberty Media Corp.-Liberty Formula One, Class C * | 14,670 | 1,009,149 |
Liberty Media Corp.-Liberty Live, Class C * | 3,299 | 111,011 |
Liberty Media Corp.-Liberty SiriusXM, Class C * | 10,691 | 261,288 |
Live Nation Entertainment, Inc. * | 10,079 | 851,978 |
Match Group, Inc. * | 19,648 | 920,902 |
Meta Platforms, Inc., Class A * | 156,010 | 46,161,799 |
Netflix, Inc. * | 31,351 | 13,596,302 |
News Corp., Class A | 26,713 | 574,062 |
Nexstar Media Group, Inc., Class A | 2,516 | 409,605 |
Omnicom Group, Inc. | 14,070 | 1,139,811 |
Paramount Global, Class B | 35,518 | 535,967 |
Pinterest, Inc., Class A * | 41,764 | 1,148,092 |
Playtika Holding Corp. * | 6,556 | 63,987 |
ROBLOX Corp., Class A * | 26,082 | 737,860 |
Roku, Inc. * | 8,695 | 706,034 |
Sirius XM Holdings, Inc. (a) | 48,808 | 214,755 |
Snap, Inc., Class A * | 70,346 | 728,081 |
Take-Two Interactive Software, Inc. * | 11,140 | 1,584,108 |
TEGNA, Inc. | 15,778 | 260,810 |
The Interpublic Group of Cos., Inc. | 27,145 | 885,198 |
The New York Times Co., Class A | 11,618 | 514,329 |
The Trade Desk, Inc., Class A * | 31,363 | 2,509,981 |
The Walt Disney Co. * | 128,857 | 10,782,754 |
Warner Bros Discovery, Inc. * | 156,896 | 2,061,613 |
ZoomInfo Technologies, Inc. * | 19,014 | 342,632 |
221,229,306 | ||
Pharmaceuticals, Biotechnology & Life Sciences 7.7% | ||
AbbVie, Inc. | 124,458 | 18,290,348 |
Agilent Technologies, Inc. | 20,908 | 2,531,332 |
Alnylam Pharmaceuticals, Inc. * | 8,776 | 1,736,068 |
Amgen, Inc. | 37,692 | 9,661,967 |
Apellis Pharmaceuticals, Inc. * | 6,979 | 294,584 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Arrowhead Pharmaceuticals, Inc. * | 7,416 | 204,978 |
Avantor, Inc. * | 47,468 | 1,027,682 |
Biogen, Inc. * | 10,228 | 2,734,558 |
Biohaven Ltd. * | 4,442 | 81,244 |
BioMarin Pharmaceutical, Inc. * | 13,230 | 1,208,957 |
Bio-Rad Laboratories, Inc., Class A * | 1,508 | 603,502 |
Bio-Techne Corp. | 11,062 | 867,261 |
Blueprint Medicines Corp. * | 4,245 | 211,656 |
Bristol-Myers Squibb Co. | 148,065 | 9,128,207 |
Bruker Corp. | 7,044 | 462,086 |
Catalent, Inc. * | 12,691 | 634,169 |
Cerevel Therapeutics Holdings, Inc. * | 4,585 | 108,665 |
Charles River Laboratories International, Inc. * | 3,600 | 744,552 |
CRISPR Therapeutics AG * | 5,530 | 276,555 |
Cytokinetics, Inc. * | 6,843 | 239,094 |
Danaher Corp. | 46,847 | 12,414,455 |
Elanco Animal Health, Inc. * | 32,703 | 398,977 |
Eli Lilly & Co. | 55,566 | 30,794,677 |
Exact Sciences Corp. * | 12,721 | 1,064,366 |
Exelixis, Inc. * | 23,136 | 518,015 |
Fortrea Holdings, Inc. * | 6,210 | 171,086 |
Gilead Sciences, Inc. | 87,952 | 6,726,569 |
Halozyme Therapeutics, Inc. * | 9,243 | 393,382 |
Horizon Therapeutics plc * | 15,926 | 1,795,497 |
Illumina, Inc. * | 11,168 | 1,845,177 |
Incyte Corp. * | 13,083 | 844,246 |
Intellia Therapeutics, Inc. * | 6,209 | 232,713 |
Intra-Cellular Therapies, Inc. * | 6,286 | 348,999 |
Ionis Pharmaceuticals, Inc. * | 10,009 | 403,062 |
IQVIA Holdings, Inc. * | 13,098 | 2,916,008 |
Jazz Pharmaceuticals plc * | 4,514 | 647,127 |
Johnson & Johnson | 169,648 | 27,428,689 |
Karuna Therapeutics, Inc. * | 2,139 | 401,619 |
Medpace Holdings, Inc. * | 1,730 | 467,567 |
Merck & Co., Inc. | 178,992 | 19,506,548 |
Mettler-Toledo International, Inc. * | 1,558 | 1,890,602 |
Mirati Therapeutics, Inc. * | 4,351 | 161,857 |
Moderna, Inc. * | 23,061 | 2,607,507 |
Natera, Inc. * | 8,048 | 472,659 |
Neurocrine Biosciences, Inc. * | 6,884 | 749,599 |
Organon & Co. | 17,887 | 392,799 |
Perrigo Co., plc | 9,492 | 332,220 |
Pfizer, Inc. | 398,233 | 14,089,484 |
Regeneron Pharmaceuticals, Inc. * | 7,602 | 6,282,977 |
Repligen Corp. * | 3,631 | 631,467 |
Revvity, Inc. | 8,850 | 1,035,716 |
Royalty Pharma plc, Class A | 26,576 | 792,496 |
Sarepta Therapeutics, Inc. * | 6,556 | 793,342 |
Seagen, Inc. * | 9,819 | 2,023,401 |
Sotera Health Co. * | 6,984 | 112,722 |
Syneos Health, Inc. * | 7,278 | 310,989 |
Thermo Fisher Scientific, Inc. | 27,202 | 15,154,234 |
United Therapeutics Corp. * | 3,297 | 739,715 |
Vertex Pharmaceuticals, Inc. * | 18,157 | 6,324,809 |
Viatris, Inc. | 84,529 | 908,687 |
Waters Corp. * | 4,143 | 1,163,354 |
West Pharmaceutical Services, Inc. | 5,222 | 2,124,832 |
Zoetis, Inc. | 32,593 | 6,209,292 |
225,671,004 | ||
Real Estate Management & Development 0.2% | ||
CBRE Group, Inc., Class A * | 22,004 | 1,871,440 |
CoStar Group, Inc. * | 28,898 | 2,369,347 |
Jones Lang LaSalle, Inc. * | 3,359 | 580,435 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Zillow Group, Inc., Class C * | 11,223 | 585,392 |
5,406,614 | ||
Semiconductors & Semiconductor Equipment 7.3% | ||
Advanced Micro Devices, Inc. * | 113,614 | 12,011,272 |
Allegro MicroSystems, Inc. * | 4,520 | 172,890 |
Amkor Technology, Inc. | 7,146 | 199,802 |
Analog Devices, Inc. | 35,673 | 6,484,638 |
Applied Materials, Inc. | 59,570 | 9,099,913 |
Broadcom, Inc. | 29,402 | 27,134,812 |
Cirrus Logic, Inc. * | 3,919 | 321,515 |
Enphase Energy, Inc. * | 9,665 | 1,222,912 |
Entegris, Inc. | 10,521 | 1,065,462 |
First Solar, Inc. * | 7,007 | 1,325,164 |
GLOBALFOUNDRIES, Inc. *(a) | 4,957 | 273,874 |
Intel Corp. | 294,007 | 10,331,406 |
KLA Corp. | 9,686 | 4,861,113 |
Lam Research Corp. | 9,473 | 6,653,835 |
Lattice Semiconductor Corp. * | 9,725 | 945,854 |
Marvell Technology, Inc. | 60,677 | 3,534,435 |
Microchip Technology, Inc. | 38,708 | 3,167,863 |
Micron Technology, Inc. | 77,235 | 5,401,816 |
MKS Instruments, Inc. | 4,100 | 410,943 |
Monolithic Power Systems, Inc. | 3,172 | 1,653,278 |
NVIDIA Corp. | 174,400 | 86,075,120 |
NXP Semiconductors N.V. | 18,335 | 3,771,876 |
ON Semiconductor Corp. * | 30,524 | 3,005,393 |
Qorvo, Inc. * | 7,014 | 753,233 |
QUALCOMM, Inc. | 78,526 | 8,993,583 |
Skyworks Solutions, Inc. | 11,174 | 1,215,061 |
SolarEdge Technologies, Inc. * | 3,965 | 644,590 |
Synaptics, Inc. * | 2,762 | 241,785 |
Teradyne, Inc. | 10,889 | 1,174,596 |
Texas Instruments, Inc. | 64,028 | 10,760,546 |
Universal Display Corp. | 3,039 | 494,020 |
Wolfspeed, Inc. * | 8,685 | 415,317 |
213,817,917 | ||
Software & Services 11.6% | ||
Accenture plc, Class A | 44,520 | 14,414,240 |
Adobe, Inc. * | 32,353 | 18,096,327 |
Akamai Technologies, Inc. * | 10,727 | 1,127,300 |
Amdocs Ltd. | 8,503 | 758,468 |
ANSYS, Inc. * | 6,102 | 1,945,745 |
AppLovin Corp., Class A * | 8,807 | 380,639 |
Aspen Technology, Inc. * | 2,027 | 393,238 |
Autodesk, Inc. * | 15,130 | 3,357,952 |
Bentley Systems, Inc., Class B | 14,110 | 704,230 |
Bill Holdings, Inc. * | 6,815 | 785,770 |
Black Knight, Inc. * | 10,975 | 831,466 |
Cadence Design Systems, Inc. * | 19,245 | 4,627,268 |
CCC Intelligent Solutions Holdings, Inc. * | 7,218 | 77,233 |
Cloudflare, Inc., Class A * | 20,423 | 1,328,108 |
Cognizant Technology Solutions Corp., Class A | 35,875 | 2,569,009 |
Crowdstrike Holdings, Inc., Class A * | 15,838 | 2,582,069 |
Datadog, Inc., Class A * | 17,761 | 1,713,581 |
DocuSign, Inc. * | 14,294 | 718,988 |
Dolby Laboratories, Inc., Class A | 4,217 | 356,210 |
DoubleVerify Holdings, Inc. * | 7,147 | 241,640 |
Dropbox, Inc., Class A * | 19,017 | 528,482 |
DXC Technology Co. * | 15,945 | 330,699 |
Dynatrace, Inc. * | 15,268 | 735,918 |
Elastic N.V. * | 5,533 | 342,382 |
EPAM Systems, Inc. * | 4,084 | 1,057,715 |
Fair Isaac Corp. * | 1,756 | 1,588,460 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Five9, Inc. * | 4,951 | 358,304 |
Fortinet, Inc. * | 46,028 | 2,771,346 |
Gartner, Inc. * | 5,584 | 1,952,613 |
Gen Digital, Inc. | 39,974 | 809,473 |
GoDaddy, Inc., Class A * | 10,828 | 785,138 |
Guidewire Software, Inc. * | 5,769 | 498,615 |
HubSpot, Inc. * | 3,491 | 1,907,901 |
Informatica, Inc., Class A * | 2,836 | 59,414 |
International Business Machines Corp. | 64,003 | 9,397,560 |
Intuit, Inc. | 19,792 | 10,723,504 |
Manhattan Associates, Inc. * | 4,399 | 891,325 |
Microsoft Corp. | 524,353 | 171,861,939 |
MongoDB, Inc. * | 4,929 | 1,879,428 |
NCR Corp. * | 9,748 | 299,848 |
Nutanix, Inc., Class A * | 16,236 | 504,940 |
Okta, Inc. * | 10,937 | 913,349 |
Oracle Corp. | 108,544 | 13,067,612 |
Palantir Technologies, Inc., Class A * | 126,806 | 1,899,554 |
Palo Alto Networks, Inc. * | 21,341 | 5,192,265 |
Procore Technologies, Inc. * | 4,946 | 334,102 |
PTC, Inc. * | 7,536 | 1,109,073 |
Qualys, Inc. * | 2,356 | 366,711 |
Roper Technologies, Inc. | 7,518 | 3,751,933 |
Salesforce, Inc. * | 69,029 | 15,287,162 |
SentinelOne, Inc., Class A * | 16,574 | 275,626 |
ServiceNow, Inc. * | 14,373 | 8,463,254 |
Smartsheet, Inc., Class A * | 9,414 | 392,846 |
Snowflake, Inc., Class A * | 20,422 | 3,203,191 |
Splunk, Inc. * | 10,726 | 1,300,635 |
SPS Commerce, Inc. * | 2,563 | 477,051 |
Synopsys, Inc. * | 10,732 | 4,924,807 |
Tenable Holdings, Inc. * | 8,142 | 369,403 |
Twilio, Inc., Class A * | 12,323 | 785,098 |
Tyler Technologies, Inc. * | 2,957 | 1,178,158 |
UiPath, Inc., Class A * | 25,286 | 399,772 |
Unity Software, Inc. * | 15,751 | 583,890 |
VeriSign, Inc. * | 6,378 | 1,325,285 |
VMware, Inc., Class A * | 14,788 | 2,495,919 |
Workday, Inc., Class A * | 14,525 | 3,551,362 |
Zoom Video Communications, Inc., Class A * | 15,555 | 1,104,872 |
Zscaler, Inc. * | 6,031 | 941,138 |
339,988,553 | ||
Technology Hardware & Equipment 8.5% | ||
Amphenol Corp., Class A | 42,014 | 3,713,197 |
Apple Inc. | 1,042,649 | 195,882,468 |
Arista Networks, Inc. * | 17,636 | 3,443,076 |
Arrow Electronics, Inc. * | 3,970 | 529,717 |
CDW Corp. | 9,494 | 2,004,658 |
Ciena Corp. * | 10,405 | 520,042 |
Cisco Systems, Inc. | 288,854 | 16,565,777 |
Cognex Corp. | 12,075 | 568,491 |
Coherent Corp. * | 9,804 | 368,925 |
Corning, Inc. | 53,943 | 1,770,409 |
Crane NXT Co. | 3,343 | 198,440 |
Dell Technologies, Inc., Class C | 18,046 | 1,014,907 |
F5, Inc. * | 4,276 | 699,810 |
Hewlett Packard Enterprise Co. | 91,392 | 1,552,750 |
HP, Inc. | 61,122 | 1,815,935 |
IPG Photonics Corp. * | 2,193 | 237,633 |
Jabil, Inc. | 9,331 | 1,067,653 |
Juniper Networks, Inc. | 22,706 | 661,199 |
Keysight Technologies, Inc. * | 12,580 | 1,676,914 |
Littelfuse, Inc. | 1,749 | 467,123 |
Lumentum Holdings, Inc. * | 4,792 | 259,391 |
Motorola Solutions, Inc. | 11,833 | 3,355,484 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
National Instruments Corp. | 9,298 | 554,161 |
NetApp, Inc. | 15,130 | 1,160,471 |
Novanta, Inc. * | 2,524 | 421,458 |
Pure Storage, Inc., Class A * | 20,370 | 745,338 |
Rogers Corp. * | 1,281 | 185,117 |
Seagate Technology Holdings plc | 13,578 | 961,187 |
TD SYNNEX Corp. | 2,934 | 298,534 |
TE Connectivity Ltd. | 22,257 | 2,946,604 |
Teledyne Technologies, Inc. * | 3,309 | 1,384,155 |
Trimble, Inc. * | 17,488 | 958,168 |
Ubiquiti, Inc. | 295 | 51,634 |
Western Digital Corp. * | 22,518 | 1,013,310 |
Zebra Technologies Corp., Class A * | 3,619 | 995,261 |
250,049,397 | ||
Telecommunication Services 0.8% | ||
AT&T, Inc. | 504,194 | 7,457,029 |
Frontier Communications Parent, Inc. * | 15,687 | 251,306 |
GCI Liberty, Inc. *(c) | 3,916 | 707 |
Iridium Communications, Inc. | 8,924 | 436,830 |
Liberty Global plc, Class C * | 17,170 | 340,653 |
Lumen Technologies, Inc. * | 64,373 | 102,353 |
T-Mobile US, Inc. * | 40,587 | 5,529,979 |
Verizon Communications, Inc. | 296,314 | 10,365,063 |
24,483,920 | ||
Transportation 1.8% | ||
Alaska Air Group, Inc. * | 8,931 | 374,834 |
American Airlines Group, Inc. * | 46,272 | 681,587 |
Avis Budget Group, Inc. * | 1,679 | 358,282 |
C.H. Robinson Worldwide, Inc. | 8,186 | 740,260 |
CSX Corp. | 143,504 | 4,333,821 |
Delta Air Lines, Inc. | 45,328 | 1,943,665 |
Expeditors International of Washington, Inc. | 10,773 | 1,257,317 |
FedEx Corp. | 16,326 | 4,261,412 |
GXO Logistics, Inc. * | 8,369 | 535,365 |
Hertz Global Holdings, Inc. * | 11,317 | 191,823 |
J.B. Hunt Transport Services, Inc. | 5,824 | 1,094,213 |
Knight-Swift Transportation Holdings, Inc. | 11,276 | 618,150 |
Landstar System, Inc. | 2,518 | 477,942 |
Lyft, Inc., Class A * | 23,357 | 275,145 |
Norfolk Southern Corp. | 16,068 | 3,294,101 |
Old Dominion Freight Line, Inc. | 6,344 | 2,711,235 |
RXO, Inc. * | 8,179 | 147,876 |
Saia, Inc. * | 1,864 | 794,437 |
Southwest Airlines Co. | 41,795 | 1,320,722 |
Uber Technologies, Inc. * | 142,728 | 6,741,043 |
U-Haul Holding Co. | 620 | 35,321 |
U-Haul Holding Co.,Non Voting | 6,194 | 329,769 |
Union Pacific Corp. | 43,021 | 9,489,142 |
United Airlines Holdings, Inc. * | 23,144 | 1,152,803 |
United Parcel Service, Inc., Class B | 51,080 | 8,652,952 |
XPO, Inc. * | 8,152 | 608,384 |
52,421,601 | ||
Utilities 2.4% | ||
Alliant Energy Corp. | 17,669 | 886,454 |
Ameren Corp. | 18,517 | 1,467,843 |
American Electric Power Co., Inc. | 36,360 | 2,850,624 |
American Water Works Co., Inc. | 13,777 | 1,911,421 |
Atmos Energy Corp. | 10,198 | 1,182,458 |
Avangrid, Inc. | 4,881 | 168,394 |
Black Hills Corp. | 4,710 | 259,050 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
CenterPoint Energy, Inc. | 44,520 | 1,241,663 |
CMS Energy Corp. | 20,511 | 1,152,513 |
Consolidated Edison, Inc. | 24,505 | 2,179,965 |
Constellation Energy Corp. | 22,935 | 2,388,910 |
Dominion Energy, Inc. | 59,091 | 2,868,277 |
DTE Energy Co. | 14,521 | 1,501,181 |
Duke Energy Corp. | 54,412 | 4,831,786 |
Edison International | 27,010 | 1,859,638 |
Entergy Corp. | 14,917 | 1,420,844 |
Essential Utilities, Inc. | 17,000 | 627,300 |
Evergy, Inc. | 16,235 | 892,438 |
Eversource Energy | 24,610 | 1,570,610 |
Exelon Corp. | 70,272 | 2,819,313 |
FirstEnergy Corp. | 38,269 | 1,380,363 |
Hawaiian Electric Industries, Inc. | 7,659 | 107,379 |
IDACORP, Inc. | 3,532 | 338,507 |
National Fuel Gas Co. | 6,423 | 345,172 |
New Jersey Resources Corp. | 6,764 | 285,238 |
NextEra Energy, Inc. | 142,604 | 9,525,947 |
NiSource, Inc. | 29,141 | 779,813 |
NRG Energy, Inc. | 16,255 | 610,375 |
OGE Energy Corp. | 14,090 | 479,764 |
ONE Gas, Inc. | 3,913 | 283,575 |
Ormat Technologies, Inc. | 3,653 | 277,409 |
PG&E Corp. * | 114,380 | 1,864,394 |
Pinnacle West Capital Corp. | 7,913 | 611,438 |
PNM Resources, Inc. | 6,026 | 267,012 |
Portland General Electric Co. | 6,840 | 300,002 |
PPL Corp. | 52,131 | 1,299,105 |
Public Service Enterprise Group, Inc. | 35,089 | 2,143,236 |
Sempra | 44,466 | 3,122,403 |
Southwest Gas Holdings, Inc. | 4,676 | 289,585 |
The AES Corp. | 47,338 | 848,770 |
The Southern Co. | 76,961 | 5,212,569 |
UGI Corp. | 14,635 | 368,509 |
Vistra Corp. | 24,763 | 778,053 |
WEC Energy Group, Inc. | 22,299 | 1,875,792 |
Xcel Energy, Inc. | 38,894 | 2,222,014 |
69,697,106 | ||
Total Common Stocks (Cost $2,262,521,186) | 2,933,211,672 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
SHORT-TERM INVESTMENTS 0.1% OF NET ASSETS | ||
Money Market Funds 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (d) | 1,181,461 | 1,181,461 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (d)(e) | 1,109,275 | 1,109,275 |
2,290,736 | ||
Total Short-Term Investments (Cost $2,290,736) | 2,290,736 | |
Total Investments in Securities (Cost $2,264,811,922) | 2,935,502,408 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
S&P 500 Index, e-mini, expires 09/15/23 | 25 | 5,645,000 | 24,227 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $1,074,020. |
(b) | Issuer is affiliated with the fund’s investment adviser. |
(c) | Fair valued using significant unobservable inputs (see financial note 2(a), Securities for which no quoted value is available, for additional information). |
(d) | The rate shown is the annualized 7-day yield. |
(e) | Security purchased with cash collateral received for securities on loan. |
REIT — | Real Estate Investment Trust |
SECURITY | VALUE AT 8/31/22 | PURCHASES | SALES | REALIZED GAINS (LOSSES) | NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) | VALUE AT 8/31/23 | BALANCE OF SHARES HELD AT 8/31/23 | DIVIDENDS RECEIVED |
COMMON STOCKS 0.2% OF NET ASSETS | ||||||||
Financial Services 0.2% | ||||||||
The Charles Schwab Corp. | $6,429,560 | $1,335,813 | ($344,826 ) | ($46,278 ) | ($1,223,497 ) | $6,150,772 | 103,986 | $98,760 |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Common Stocks1 | $2,908,727,752 | $— | $— | $2,908,727,752 |
Telecommunication Services | 24,483,213 | — | 707 | 24,483,920 |
Short-Term Investments1 | 2,290,736 | — | — | 2,290,736 |
Futures Contracts2 | 24,227 | — | — | 24,227 |
Total | $2,935,525,928 | $— | $707 | $2,935,526,635 |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - affiliated (cost $5,970,303) | $6,150,772 | |
Investments in securities, at value - unaffiliated (cost $2,258,841,619) including securities on loan of $1,074,020 | 2,929,351,636 | |
Cash | 20,308 | |
Deposit with broker for futures contracts | 339,200 | |
Receivables: | ||
Dividends | 4,320,698 | |
Fund shares sold | 2,175,679 | |
Income from securities on loan | 44,600 | |
Investments sold | + | 25,223 |
Total assets | 2,942,428,116 | |
Liabilities | ||
Collateral held for securities on loan | 1,109,275 | |
Payables: | ||
Investments bought | 2,274,688 | |
Management fees | 122,961 | |
Variation margin on futures contracts | + | 11,998 |
Total liabilities | 3,518,922 | |
Net assets | $2,938,909,194 | |
Net Assets by Source | ||
Capital received from investors | $2,339,347,612 | |
Total distributable earnings | + | 599,561,582 |
Net assets | $2,938,909,194 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$2,938,909,194 | 67,600,000 | $43.47 | ||
For the period September 1, 2022 through August 31, 2023 | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $10,619) | $41,637,349 | |
Dividends received from securities - affiliated | 98,760 | |
Securities on loan, net | + | 231,744 |
Total investment income | 41,967,853 | |
Expenses | ||
Management fees | 1,266,822 | |
Total expenses | – | 1,266,822 |
Net investment income | 40,701,031 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - affiliated | (107,408 ) | |
Net realized losses on sales of securities - unaffiliated | (45,971,140 ) | |
Net realized gains on sales of in-kind redemptions - affiliated | 61,130 | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 21,468,023 | |
Net realized gains on futures contracts | + | 156,602 |
Net realized losses | (24,392,793 ) | |
Net change in unrealized appreciation (depreciation) on securities - affiliated | (1,223,497 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 374,222,432 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 278,222 |
Net change in unrealized appreciation (depreciation) | + | 373,277,157 |
Net realized and unrealized gains | 348,884,364 | |
Increase in net assets resulting from operations | $389,585,395 |
OPERATIONS | |||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||
Net investment income | $40,701,031 | $29,794,319 | |
Net realized gains (losses) | (24,392,793 ) | 4,531,559 | |
Net change in unrealized appreciation (depreciation) | + | 373,277,157 | (352,446,723 ) |
Increase (decrease) in net assets resulting from operations | $389,585,395 | ($318,120,845 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($38,671,065 ) | ($29,128,865 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 10,750,000 | $411,186,678 | 12,600,000 | $529,373,421 | |
Shares redeemed | + | (1,500,000 ) | (58,078,437 ) | (900,000 ) | (37,665,232 ) |
Net transactions in fund shares | 9,250,000 | $353,108,241 | 11,700,000 | $491,708,189 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 58,350,000 | $2,234,886,623 | 46,650,000 | $2,090,428,144 | |
Total increase | + | 9,250,000 | 704,022,571 | 11,700,000 | 144,458,479 |
End of period | 67,600,000 | $2,938,909,194 | 58,350,000 | $2,234,886,623 |
9/1/22– 8/31/23 | 9/1/21– 8/31/221 | 9/1/20– 8/31/211 | 9/1/19– 8/31/201 | 9/1/18– 8/31/191 | ||
Per-Share Data | ||||||
Net asset value at beginning of period | $46.83 | $54.73 | $42.14 | $35.00 | $34.77 | |
Income (loss) from investment operations: | ||||||
Net investment income (loss)2 | 0.78 | 0.72 | 0.69 | 0.76 | 0.74 | |
Net realized and unrealized gains (losses) | 6.42 | (7.90 ) | 12.63 | 7.10 | 0.16 | |
Total from investment operations | 7.20 | (7.18 ) | 13.32 | 7.86 | 0.90 | |
Less distributions: | ||||||
Distributions from net investment income | (0.77 ) | (0.72 ) | (0.73 ) | (0.72 ) | (0.67 ) | |
Net asset value at end of period | $53.26 | $46.83 | $54.73 | $42.14 | $35.00 | |
Total return | 15.61 % | (13.22 %) | 32.05 % | 22.92 % | 2.70 % | |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.03 %3 | 0.03 %3 | 0.03 % | 0.03 % | 0.03 % | |
Net investment income (loss) | 1.63 % | 1.39 % | 1.45 % | 2.06 % | 2.19 % | |
Portfolio turnover rate4 | 4 % | 4 % | 4 % | 5 % | 4 % | |
Net assets, end of period (x 1,000,000) | $34,018 | $28,911 | $33,035 | $23,253 | $17,786 |
1 | Per-Share Data has been retroactively adjusted to reflect a 2-for-1 share split effective after market close on March 10, 2022 (see financial note 12 for additional information). |
2 | Calculated based on the average shares outstanding during the period. |
3 | Ratio includes less than 0.005% of non-routine proxy expenses. |
4 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.8% OF NET ASSETS | ||
Automobiles & Components 2.2% | ||
Aptiv plc * | 226,386 | 22,966,860 |
Autoliv, Inc. | 64,851 | 6,329,457 |
BorgWarner, Inc. | 196,980 | 8,026,935 |
Ford Motor Co. | 3,305,351 | 40,093,908 |
General Motors Co. | 1,164,890 | 39,035,464 |
Gentex Corp. | 199,385 | 6,511,914 |
Harley-Davidson, Inc. | 109,285 | 3,688,369 |
Lear Corp. | 49,175 | 7,085,626 |
Lucid Group, Inc. *(a) | 685,227 | 4,303,225 |
Phinia, Inc. * | 39,351 | 1,093,958 |
Rivian Automotive, Inc., Class A * | 470,167 | 10,686,896 |
Tesla, Inc. * | 2,260,802 | 583,467,780 |
733,290,392 | ||
Banks 2.9% | ||
Bank of America Corp. | 5,820,679 | 166,878,867 |
BOK Financial Corp. | 24,263 | 2,016,498 |
Citigroup, Inc. | 1,634,687 | 67,496,226 |
Citizens Financial Group, Inc. | 407,513 | 11,463,341 |
Comerica, Inc. | 110,030 | 5,293,543 |
Commerce Bancshares, Inc. | 95,171 | 4,671,944 |
Cullen/Frost Bankers, Inc. | 53,872 | 5,092,520 |
East West Bancorp, Inc. | 118,245 | 6,543,678 |
Fifth Third Bancorp | 570,418 | 15,144,598 |
First Citizens BancShares, Inc., Class A | 10,039 | 13,657,056 |
First Horizon Corp. | 448,560 | 5,629,428 |
Huntington Bancshares, Inc. | 1,213,536 | 13,458,114 |
JPMorgan Chase & Co. | 2,452,308 | 358,846,230 |
KeyCorp | 787,404 | 8,921,287 |
M&T Bank Corp. | 138,669 | 17,340,558 |
Regions Financial Corp. | 788,942 | 14,469,196 |
The PNC Financial Services Group, Inc. | 335,588 | 40,515,539 |
Truist Financial Corp. | 1,115,707 | 34,084,849 |
U.S. Bancorp | 1,172,968 | 42,848,521 |
Webster Financial Corp. | 145,750 | 6,181,258 |
Wells Fargo & Co. | 3,147,926 | 129,977,865 |
Western Alliance Bancorp | 91,380 | 4,569,914 |
Zions Bancorp NA | 122,902 | 4,363,021 |
979,464,051 | ||
Capital Goods 5.9% | ||
3M Co. | 462,379 | 49,321,968 |
A.O. Smith Corp. | 104,793 | 7,597,493 |
Acuity Brands, Inc. | 26,645 | 4,297,306 |
Advanced Drainage Systems, Inc. | 52,120 | 6,679,699 |
AECOM | 115,838 | 10,164,785 |
AGCO Corp. | 51,825 | 6,712,892 |
Allegion plc | 73,609 | 8,377,440 |
AMETEK, Inc. | 193,935 | 30,934,572 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Axon Enterprise, Inc. * | 58,886 | 12,537,418 |
Builders FirstSource, Inc. * | 107,662 | 15,615,296 |
Carlisle Cos., Inc. | 42,825 | 11,263,832 |
Carrier Global Corp. | 701,105 | 40,278,482 |
Caterpillar, Inc. | 432,558 | 121,605,031 |
Cummins, Inc. | 118,499 | 27,259,510 |
Deere & Co. | 226,370 | 93,024,488 |
Donaldson Co., Inc. | 101,713 | 6,496,409 |
Dover Corp. | 117,261 | 17,389,806 |
Eaton Corp. plc | 334,077 | 76,961,318 |
Emerson Electric Co. | 478,831 | 47,045,146 |
Fastenal Co. | 478,518 | 27,553,066 |
Ferguson plc | 171,835 | 27,761,663 |
Fortive Corp. | 297,856 | 23,485,946 |
Fortune Brands Innovations, Inc. | 105,842 | 7,305,215 |
Generac Holdings, Inc. * | 52,287 | 6,212,218 |
General Dynamics Corp. | 189,022 | 42,839,946 |
General Electric Co. | 914,061 | 104,623,422 |
Graco, Inc. | 140,808 | 11,115,384 |
HEICO Corp. | 80,257 | 13,540,158 |
Honeywell International, Inc. | 558,633 | 104,989,486 |
Howmet Aerospace, Inc. | 308,930 | 15,282,767 |
Hubbell, Inc. | 44,730 | 14,584,217 |
Huntington Ingalls Industries, Inc. | 33,402 | 7,359,129 |
IDEX Corp. | 63,178 | 14,303,499 |
Illinois Tool Works, Inc. | 231,943 | 57,371,101 |
Ingersoll Rand, Inc. | 338,314 | 23,550,038 |
Johnson Controls International plc | 575,704 | 34,001,078 |
L3Harris Technologies, Inc. | 158,683 | 28,259,855 |
Lennox International, Inc. | 27,112 | 10,216,073 |
Lincoln Electric Holdings, Inc. | 48,230 | 9,282,346 |
Lockheed Martin Corp. | 189,255 | 84,852,479 |
Masco Corp. | 189,461 | 11,180,094 |
Masterbrand, Inc. * | 107,245 | 1,373,808 |
Nordson Corp. | 45,569 | 11,125,216 |
Northrop Grumman Corp. | 119,618 | 51,805,360 |
Otis Worldwide Corp. | 346,368 | 29,631,782 |
Owens Corning | 75,682 | 10,891,397 |
PACCAR, Inc. | 439,613 | 36,175,754 |
Parker-Hannifin Corp. | 107,897 | 44,982,259 |
Pentair plc | 138,077 | 9,701,290 |
Plug Power, Inc. *(a) | 454,319 | 3,843,539 |
Quanta Services, Inc. | 121,820 | 25,566,363 |
Regal Rexnord Corp. | 55,741 | 9,040,633 |
Rockwell Automation, Inc. | 96,629 | 30,155,978 |
RTX Corp. | 1,226,217 | 105,503,711 |
Sensata Technologies Holding plc | 128,386 | 4,829,881 |
Snap-on, Inc. | 44,319 | 11,904,083 |
Stanley Black & Decker, Inc. | 128,681 | 12,144,913 |
Textron, Inc. | 169,519 | 13,173,321 |
The Boeing Co. * | 474,611 | 106,327,102 |
The Middleby Corp. * | 45,006 | 6,552,424 |
The Toro Co. | 87,397 | 8,942,461 |
Trane Technologies plc | 191,067 | 39,218,412 |
TransDigm Group, Inc. * | 43,842 | 39,626,592 |
Trex Co., Inc. * | 91,537 | 6,532,996 |
United Rentals, Inc. | 57,836 | 27,561,167 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
W.W. Grainger, Inc. | 37,410 | 26,715,977 |
Watsco, Inc. | 28,347 | 10,333,899 |
Westinghouse Air Brake Technologies Corp. | 150,298 | 16,911,531 |
WillScot Mobile Mini Holdings Corp. * | 170,025 | 6,974,426 |
Woodward, Inc. | 49,745 | 6,435,511 |
Xylem, Inc. | 201,575 | 20,871,075 |
2,008,084,932 | ||
Commercial & Professional Services 1.4% | ||
Automatic Data Processing, Inc. | 347,064 | 88,365,965 |
Booz Allen Hamilton Holding Corp., Class A | 110,548 | 12,526,194 |
Broadridge Financial Solutions, Inc. | 99,126 | 18,458,252 |
Ceridian HCM Holding, Inc. * | 131,666 | 9,548,418 |
Cintas Corp. | 72,674 | 36,640,051 |
Clarivate plc * | 358,032 | 2,660,178 |
Concentrix Corp. | 35,623 | 2,843,784 |
Copart, Inc. * | 718,170 | 32,195,561 |
Dun & Bradstreet Holdings, Inc. | 180,104 | 1,963,134 |
Equifax, Inc. | 102,724 | 21,233,051 |
Genpact Ltd. | 141,597 | 5,285,816 |
Jacobs Solutions, Inc. | 107,268 | 14,461,872 |
Leidos Holdings, Inc. | 115,275 | 11,240,465 |
Paychex, Inc. | 269,126 | 32,895,271 |
Paycom Software, Inc. | 40,816 | 12,034,189 |
Paylocity Holding Corp. * | 34,525 | 6,922,263 |
RB Global, Inc. | 152,443 | 9,408,782 |
Republic Services, Inc. | 172,532 | 24,867,037 |
Robert Half International, Inc. | 89,764 | 6,638,945 |
Rollins, Inc. | 194,809 | 7,708,592 |
SS&C Technologies Holdings, Inc. | 181,308 | 10,410,705 |
TransUnion | 161,723 | 13,135,142 |
Verisk Analytics, Inc. | 121,912 | 29,529,525 |
Waste Management, Inc. | 310,268 | 48,643,817 |
459,617,009 | ||
Consumer Discretionary Distribution & Retail 5.4% | ||
Advance Auto Parts, Inc. | 49,757 | 3,424,277 |
Amazon.com, Inc. * | 7,490,816 | 1,033,807,516 |
AutoZone, Inc. * | 15,474 | 39,169,800 |
Bath & Body Works, Inc. | 191,283 | 7,052,604 |
Best Buy Co., Inc. | 163,041 | 12,464,485 |
Burlington Stores, Inc. * | 54,513 | 8,845,279 |
CarMax, Inc. * | 132,019 | 10,783,312 |
Carvana Co. *(a) | 82,247 | 4,141,137 |
eBay, Inc. | 447,462 | 20,037,348 |
Etsy, Inc. * | 103,723 | 7,630,901 |
Five Below, Inc. * | 46,566 | 8,007,489 |
Floor & Decor Holdings, Inc., Class A * | 89,168 | 8,890,050 |
GameStop Corp., Class A *(a) | 213,604 | 3,962,354 |
Genuine Parts Co. | 117,870 | 18,120,155 |
LKQ Corp. | 212,109 | 11,142,086 |
Lowe’s Cos., Inc. | 500,488 | 115,352,474 |
O'Reilly Automotive, Inc. * | 51,151 | 48,066,595 |
Penske Automotive Group, Inc. | 20,030 | 3,290,929 |
Pool Corp. | 33,064 | 12,088,198 |
RH * | 15,042 | 5,493,188 |
Ross Stores, Inc. | 286,915 | 34,949,116 |
The Home Depot, Inc. | 849,811 | 280,692,573 |
The TJX Cos., Inc. | 966,945 | 89,423,074 |
Tractor Supply Co. | 92,021 | 20,106,589 |
Ulta Beauty, Inc. * | 42,225 | 17,524,642 |
Wayfair, Inc., Class A * | 69,150 | 4,778,957 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Williams-Sonoma, Inc. | 54,861 | 7,746,373 |
1,836,991,501 | ||
Consumer Durables & Apparel 0.9% | ||
D.R. Horton, Inc. | 260,058 | 30,952,103 |
Deckers Outdoor Corp. * | 22,077 | 11,680,720 |
Garmin Ltd. | 128,112 | 13,582,434 |
Hasbro, Inc. | 109,353 | 7,873,416 |
Leggett & Platt, Inc. | 110,196 | 3,107,527 |
Lennar Corp., Class A | 223,595 | 26,627,929 |
Lululemon Athletica, Inc. * | 97,049 | 37,000,902 |
Mohawk Industries, Inc. * | 44,432 | 4,504,961 |
Newell Brands, Inc. | 312,728 | 3,308,662 |
NIKE, Inc., Class B | 1,034,401 | 105,208,926 |
NVR, Inc. * | 2,579 | 16,447,134 |
Polaris, Inc. | 44,595 | 4,998,654 |
PulteGroup, Inc. | 187,649 | 15,398,477 |
Tapestry, Inc. | 194,898 | 6,494,001 |
Toll Brothers, Inc. | 86,623 | 7,097,022 |
VF Corp. | 277,895 | 5,491,205 |
Whirlpool Corp. | 45,715 | 6,398,271 |
306,172,344 | ||
Consumer Services 2.2% | ||
ADT, Inc. | 178,052 | 1,143,094 |
Airbnb, Inc., Class A * | 346,692 | 45,607,333 |
Aramark | 230,924 | 8,585,754 |
Booking Holdings, Inc. * | 30,981 | 96,196,934 |
Caesars Entertainment, Inc. * | 180,851 | 9,993,826 |
Carnival Corp. * | 840,356 | 13,294,432 |
Chipotle Mexican Grill, Inc. * | 23,140 | 44,582,450 |
Darden Restaurants, Inc. | 101,463 | 15,778,511 |
Domino’s Pizza, Inc. | 29,725 | 11,515,465 |
DoorDash, Inc., Class A * | 220,272 | 18,531,483 |
DraftKings, Inc., Class A * | 387,868 | 11,500,286 |
Expedia Group, Inc. * | 119,747 | 12,979,377 |
Hilton Worldwide Holdings, Inc. | 221,661 | 32,949,908 |
Las Vegas Sands Corp. | 274,549 | 15,061,758 |
Marriott International, Inc., Class A | 216,790 | 44,118,933 |
McDonald’s Corp. | 612,940 | 172,328,081 |
MGM Resorts International | 253,401 | 11,144,576 |
Norwegian Cruise Line Holdings Ltd. * | 357,978 | 5,931,696 |
Royal Caribbean Cruises Ltd. * | 185,354 | 18,338,925 |
Service Corp. International | 126,963 | 8,012,635 |
Starbucks Corp. | 962,346 | 93,770,994 |
Vail Resorts, Inc. | 34,203 | 7,740,823 |
Wyndham Hotels & Resorts, Inc. | 71,993 | 5,427,552 |
Wynn Resorts Ltd. | 86,586 | 8,778,089 |
Yum! Brands, Inc. | 234,927 | 30,394,855 |
743,707,770 | ||
Consumer Staples Distribution & Retail 1.7% | ||
Albertsons Cos., Inc., Class A | 168,179 | 3,767,209 |
BJ's Wholesale Club Holdings, Inc. * | 111,889 | 7,540,200 |
Costco Wholesale Corp. | 372,266 | 204,478,268 |
Dollar General Corp. | 183,526 | 25,418,351 |
Dollar Tree, Inc. * | 175,034 | 21,417,160 |
Sysco Corp. | 426,195 | 29,684,482 |
Target Corp. | 386,798 | 48,949,287 |
The Kroger Co. | 549,879 | 25,508,887 |
US Foods Holding Corp. * | 190,228 | 7,690,918 |
Walgreens Boots Alliance, Inc. | 599,597 | 15,175,800 |
Walmart, Inc. | 1,176,606 | 191,327,902 |
580,958,464 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Energy 4.3% | ||
Antero Resources Corp. * | 229,973 | 6,363,353 |
APA Corp. | 259,430 | 11,373,411 |
Baker Hughes Co. | 847,408 | 30,667,696 |
Cheniere Energy, Inc. | 204,427 | 33,362,486 |
Chesapeake Energy Corp. | 89,684 | 7,911,026 |
Chevron Corp. | 1,493,740 | 240,641,514 |
ConocoPhillips | 1,015,553 | 120,881,274 |
Coterra Energy, Inc. | 636,806 | 17,951,561 |
Devon Energy Corp. | 537,369 | 27,454,182 |
Diamondback Energy, Inc. | 152,690 | 23,175,288 |
EOG Resources, Inc. | 491,326 | 63,194,350 |
EQT Corp. | 303,817 | 13,130,971 |
Exxon Mobil Corp. | 3,392,758 | 377,240,762 |
Halliburton Co. | 756,506 | 29,216,262 |
Hess Corp. | 231,878 | 35,825,151 |
HF Sinclair Corp. | 108,238 | 5,962,831 |
Kinder Morgan, Inc. | 1,651,934 | 28,446,304 |
Marathon Oil Corp. | 519,105 | 13,678,417 |
Marathon Petroleum Corp. | 356,760 | 50,934,625 |
New Fortress Energy, Inc. | 39,575 | 1,228,408 |
Occidental Petroleum Corp. | 601,933 | 37,795,373 |
ONEOK, Inc. | 375,719 | 24,496,879 |
Ovintiv, Inc. | 203,864 | 9,573,453 |
Phillips 66 | 384,433 | 43,886,871 |
Pioneer Natural Resources Co. | 196,570 | 46,769,900 |
Schlumberger N.V. | 1,197,488 | 70,603,893 |
Targa Resources Corp. | 189,112 | 16,310,910 |
Texas Pacific Land Corp. | 5,136 | 9,680,076 |
The Williams Cos., Inc. | 1,024,907 | 35,390,039 |
Valero Energy Corp. | 302,806 | 39,334,499 |
Vitesse Energy, Inc. | 17,971 | 417,646 |
1,472,899,411 | ||
Equity Real Estate Investment Trusts (REITs) 2.5% | ||
Alexandria Real Estate Equities, Inc. | 132,010 | 15,358,043 |
American Homes 4 Rent, Class A | 263,877 | 9,510,127 |
American Tower Corp. | 391,410 | 70,970,461 |
Americold Realty Trust, Inc. | 227,451 | 7,653,726 |
Apartment Income REIT Corp. | 125,874 | 4,287,268 |
AvalonBay Communities, Inc. | 118,777 | 21,833,588 |
Boston Properties, Inc. | 119,189 | 7,958,249 |
Camden Property Trust | 89,084 | 9,587,220 |
Crown Castle, Inc. | 363,429 | 36,524,614 |
CubeSmart | 187,097 | 7,803,816 |
Digital Realty Trust, Inc. | 243,847 | 32,119,527 |
Equinix, Inc. | 78,484 | 61,325,828 |
Equity LifeStyle Properties, Inc. | 146,311 | 9,796,985 |
Equity Residential | 286,093 | 18,547,409 |
Essex Property Trust, Inc. | 54,261 | 12,935,280 |
Extra Space Storage, Inc. | 177,933 | 22,896,418 |
Federal Realty Investment Trust | 61,320 | 6,005,681 |
Gaming & Leisure Properties, Inc. | 220,514 | 10,452,364 |
Healthcare Realty Trust, Inc. | 321,246 | 5,628,230 |
Healthpeak Properties, Inc. | 458,332 | 9,432,473 |
Host Hotels & Resorts, Inc. | 593,598 | 9,372,912 |
Invitation Homes, Inc. | 487,247 | 16,610,250 |
Iron Mountain, Inc. | 244,985 | 15,566,347 |
Kilroy Realty Corp. | 88,345 | 3,264,348 |
Kimco Realty Corp. | 518,884 | 9,827,663 |
Lamar Advertising Co., Class A | 73,677 | 6,720,816 |
Medical Properties Trust, Inc. | 506,482 | 3,656,800 |
Mid-America Apartment Communities, Inc. | 98,000 | 14,232,540 |
NNN REIT, Inc. | 154,903 | 6,101,629 |
Omega Healthcare Investors, Inc. | 195,789 | 6,230,006 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Prologis, Inc. | 775,289 | 96,290,894 |
Public Storage | 132,542 | 36,631,958 |
Realty Income Corp. | 563,828 | 31,596,921 |
Regency Centers Corp. | 137,894 | 8,577,007 |
Rexford Industrial Realty, Inc. | 168,849 | 9,028,356 |
SBA Communications Corp. | 91,287 | 20,496,670 |
Simon Property Group, Inc. | 273,834 | 31,077,421 |
Sun Communities, Inc. | 104,529 | 12,796,440 |
UDR, Inc. | 259,101 | 10,338,130 |
Ventas, Inc. | 335,236 | 14,643,108 |
VICI Properties, Inc. | 840,477 | 25,920,311 |
Vornado Realty Trust | 133,436 | 3,205,133 |
Welltower, Inc. | 416,242 | 34,498,137 |
Weyerhaeuser Co. | 617,217 | 20,213,857 |
WP Carey, Inc. | 179,693 | 11,689,030 |
839,213,991 | ||
Financial Services 7.7% | ||
Affirm Holdings, Inc. * | 176,084 | 3,664,308 |
AGNC Investment Corp. | 500,599 | 4,960,936 |
Ally Financial, Inc. | 253,470 | 7,018,584 |
American Express Co. | 499,093 | 78,851,703 |
Ameriprise Financial, Inc. | 87,675 | 29,597,327 |
Annaly Capital Management, Inc. | 414,949 | 8,411,016 |
Apollo Global Management, Inc. | 361,106 | 31,538,998 |
Ares Management Corp., Class A | 134,874 | 13,951,367 |
Berkshire Hathaway, Inc., Class B * | 1,496,477 | 539,031,015 |
BlackRock, Inc. | 125,692 | 88,052,274 |
Blackstone, Inc. | 593,320 | 63,111,448 |
Block, Inc. * | 457,994 | 26,403,354 |
Capital One Financial Corp. | 321,122 | 32,879,682 |
Cboe Global Markets, Inc. | 88,490 | 13,247,838 |
CME Group, Inc. | 301,874 | 61,183,822 |
Coinbase Global, Inc., Class A * | 139,679 | 11,118,448 |
Corebridge Financial, Inc. | 124,825 | 2,225,630 |
Credit Acceptance Corp. * | 5,086 | 2,552,002 |
Discover Financial Services | 212,446 | 19,135,011 |
Equitable Holdings, Inc. | 278,551 | 8,022,269 |
FactSet Research Systems, Inc. | 32,195 | 14,050,220 |
Fidelity National Information Services, Inc. | 495,929 | 27,702,594 |
Fiserv, Inc. * | 518,470 | 62,937,073 |
FleetCor Technologies, Inc. * | 62,255 | 16,916,551 |
Franklin Resources, Inc. | 240,724 | 6,436,960 |
Global Payments, Inc. | 219,698 | 27,833,540 |
Intercontinental Exchange, Inc. | 469,186 | 55,359,256 |
Invesco Ltd. | 383,233 | 6,101,069 |
Jack Henry & Associates, Inc. | 61,261 | 9,604,500 |
Jefferies Financial Group, Inc. | 156,696 | 5,592,480 |
KKR & Co., Inc. | 484,089 | 30,405,630 |
LPL Financial Holdings, Inc. | 65,270 | 15,050,609 |
MarketAxess Holdings, Inc. | 31,475 | 7,583,272 |
Mastercard, Inc., Class A | 702,207 | 289,758,696 |
Moody's Corp. | 132,217 | 44,530,686 |
Morgan Stanley | 1,093,584 | 93,118,678 |
Morningstar, Inc. | 20,990 | 4,883,743 |
MSCI, Inc. | 67,335 | 36,604,653 |
Nasdaq, Inc. | 284,771 | 14,944,782 |
Northern Trust Corp. | 174,871 | 13,302,437 |
PayPal Holdings, Inc. * | 937,205 | 58,584,685 |
Raymond James Financial, Inc. | 160,295 | 16,765,254 |
S&P Global, Inc. | 275,252 | 107,584,997 |
SEI Investments Co. | 85,538 | 5,308,488 |
SoFi Technologies, Inc. * | 696,527 | 6,031,924 |
Starwood Property Trust, Inc. | 262,605 | 5,365,020 |
State Street Corp. | 279,584 | 19,218,604 |
Synchrony Financial | 359,944 | 11,618,992 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
T. Rowe Price Group, Inc. | 188,253 | 21,127,634 |
The Bank of New York Mellon Corp. | 601,464 | 26,987,690 |
The Carlyle Group, Inc. | 183,393 | 5,932,764 |
The Charles Schwab Corp. (b) | 1,238,854 | 73,278,214 |
The Goldman Sachs Group, Inc. | 279,083 | 91,458,290 |
The Western Union Co. | 312,058 | 3,853,916 |
Visa, Inc., Class A | 1,357,964 | 333,624,596 |
Voya Financial, Inc. | 82,635 | 5,758,007 |
WEX, Inc. * | 35,856 | 7,034,230 |
2,627,207,766 | ||
Food, Beverage & Tobacco 3.0% | ||
Altria Group, Inc. | 1,499,361 | 66,301,743 |
Archer-Daniels-Midland Co. | 458,015 | 36,320,590 |
Brown-Forman Corp., Class B | 202,182 | 13,370,296 |
Bunge Ltd. | 126,443 | 14,454,964 |
Campbell Soup Co. | 169,017 | 7,048,009 |
Conagra Brands, Inc. | 399,163 | 11,926,990 |
Constellation Brands, Inc., Class A | 135,582 | 35,327,246 |
Darling Ingredients, Inc. * | 134,498 | 8,306,597 |
General Mills, Inc. | 492,103 | 33,295,689 |
Hormel Foods Corp. | 241,948 | 9,336,773 |
Kellogg Co. | 216,072 | 13,184,713 |
Keurig Dr Pepper, Inc. | 705,259 | 23,731,965 |
Lamb Weston Holdings, Inc. | 122,356 | 11,918,698 |
McCormick & Co., Inc. Non Voting Shares | 210,237 | 17,256,253 |
Molson Coors Beverage Co., Class B | 156,594 | 9,942,153 |
Mondelez International, Inc., Class A | 1,143,307 | 81,472,057 |
Monster Beverage Corp. * | 640,059 | 36,745,787 |
PepsiCo, Inc. | 1,156,522 | 205,768,394 |
Philip Morris International, Inc. | 1,302,276 | 125,096,633 |
Post Holdings, Inc. * | 45,003 | 4,037,219 |
The Coca-Cola Co. | 3,264,868 | 195,337,052 |
The Hershey Co. | 123,296 | 26,491,379 |
The J.M. Smucker Co. | 89,438 | 12,964,038 |
The Kraft Heinz Co. | 667,845 | 22,098,991 |
Tyson Foods, Inc., Class A | 239,792 | 12,773,720 |
1,034,507,949 | ||
Health Care Equipment & Services 5.2% | ||
Abbott Laboratories | 1,458,680 | 150,098,172 |
agilon health, Inc. * | 244,217 | 4,327,525 |
Align Technology, Inc. * | 59,744 | 22,113,644 |
Baxter International, Inc. | 423,768 | 17,204,981 |
Becton Dickinson & Co. | 238,554 | 66,663,915 |
Boston Scientific Corp. * | 1,207,871 | 65,152,562 |
Cardinal Health, Inc. | 212,895 | 18,592,120 |
Cencora, Inc. | 136,312 | 23,988,186 |
Centene Corp. * | 459,739 | 28,342,909 |
Chemed Corp. | 12,564 | 6,425,732 |
CVS Health Corp. | 1,076,575 | 70,160,393 |
DaVita, Inc. * | 46,054 | 4,716,851 |
Dentsply Sirona, Inc. | 177,437 | 6,581,138 |
DexCom, Inc. * | 324,772 | 32,795,477 |
Edwards Lifesciences Corp. * | 509,926 | 38,994,041 |
Elevance Health, Inc. | 198,988 | 87,954,686 |
Encompass Health Corp. | 83,682 | 5,944,769 |
GE Healthcare, Inc. | 327,575 | 23,077,659 |
Guardant Health, Inc. * | 96,164 | 3,758,089 |
HCA Healthcare, Inc. | 173,465 | 48,101,845 |
Henry Schein, Inc. * | 110,101 | 8,427,131 |
Hologic, Inc. * | 206,633 | 15,443,750 |
Humana, Inc. | 104,684 | 48,325,275 |
IDEXX Laboratories, Inc. * | 69,801 | 35,696,929 |
Insulet Corp. * | 58,500 | 11,215,035 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Intuitive Surgical, Inc. * | 294,064 | 91,947,932 |
Laboratory Corp. of America Holdings | 74,393 | 15,481,183 |
Masimo Corp. * | 40,663 | 4,646,968 |
McKesson Corp. | 113,966 | 46,990,461 |
Medtronic plc | 1,116,753 | 91,015,370 |
Molina Healthcare, Inc. * | 48,851 | 15,149,672 |
Novocure Ltd. * | 75,930 | 1,675,016 |
Penumbra, Inc. * | 32,127 | 8,497,592 |
Quest Diagnostics, Inc. | 94,030 | 12,364,945 |
R1 RCM, Inc. * | 113,581 | 1,958,136 |
ResMed, Inc. | 123,685 | 19,738,889 |
Shockwave Medical, Inc. * | 30,814 | 6,791,097 |
STERIS plc | 83,324 | 19,130,357 |
Stryker Corp. | 283,637 | 80,425,271 |
Teladoc Health, Inc. * | 138,183 | 3,128,463 |
Teleflex, Inc. | 39,298 | 8,360,257 |
The Cigna Group | 248,489 | 68,647,571 |
The Cooper Cos., Inc. | 41,406 | 15,319,806 |
UnitedHealth Group, Inc. | 781,293 | 372,348,618 |
Universal Health Services, Inc., Class B | 52,882 | 7,123,205 |
Veeva Systems, Inc., Class A * | 121,854 | 25,430,930 |
Zimmer Biomet Holdings, Inc. | 174,615 | 20,800,139 |
1,781,074,692 | ||
Household & Personal Products 1.5% | ||
Church & Dwight Co., Inc. | 204,194 | 19,759,853 |
Colgate-Palmolive Co. | 697,195 | 51,222,917 |
Kenvue, Inc. | 1,446,453 | 33,340,740 |
Kimberly-Clark Corp. | 283,077 | 36,468,810 |
Olaplex Holdings, Inc. * | 69,894 | 189,413 |
Reynolds Consumer Products, Inc. | 45,575 | 1,243,742 |
The Clorox Co. | 103,934 | 16,260,474 |
The Estee Lauder Cos., Inc., Class A | 194,270 | 31,186,163 |
The Procter & Gamble Co. | 1,977,908 | 305,270,321 |
494,942,433 | ||
Insurance 2.1% | ||
Aflac, Inc. | 460,490 | 34,338,739 |
American Financial Group, Inc. | 58,518 | 6,783,407 |
American International Group, Inc. | 606,200 | 35,474,824 |
Aon plc, Class A | 171,559 | 57,196,055 |
Arch Capital Group Ltd. * | 312,587 | 24,025,437 |
Arthur J. Gallagher & Co. | 180,127 | 41,515,671 |
Assurant, Inc. | 44,807 | 6,242,959 |
Brown & Brown, Inc. | 197,731 | 14,651,867 |
Chubb Ltd. | 347,799 | 69,862,385 |
Cincinnati Financial Corp. | 132,165 | 13,981,735 |
CNA Financial Corp. | 23,453 | 922,407 |
Erie Indemnity Co., Class A | 21,002 | 5,853,888 |
Everest Group Ltd. | 35,807 | 12,914,869 |
F&G Annuities & Life, Inc. | 15,606 | 441,806 |
Fidelity National Financial, Inc. | 226,756 | 9,387,699 |
Globe Life, Inc. | 74,665 | 8,330,374 |
Lincoln National Corp. | 128,626 | 3,300,543 |
Loews Corp. | 158,981 | 9,871,130 |
Markel Group, Inc. * | 11,260 | 16,652,639 |
Marsh & McLennan Cos., Inc. | 415,275 | 80,974,472 |
MetLife, Inc. | 538,851 | 34,130,822 |
Old Republic International Corp. | 227,698 | 6,227,540 |
Principal Financial Group, Inc. | 189,160 | 14,699,624 |
Prudential Financial, Inc. | 305,598 | 28,930,963 |
Reinsurance Group of America, Inc. | 55,849 | 7,741,788 |
RenaissanceRe Holdings Ltd. | 42,015 | 7,894,198 |
The Allstate Corp. | 220,626 | 23,785,689 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
The Hartford Financial Services Group, Inc. | 259,512 | 18,638,152 |
The Progressive Corp. | 491,805 | 65,641,213 |
The Travelers Cos., Inc. | 194,331 | 31,331,987 |
W.R. Berkley Corp. | 168,878 | 10,446,793 |
Willis Towers Watson plc | 89,019 | 18,405,569 |
720,597,244 | ||
Materials 2.5% | ||
Air Products and Chemicals, Inc. | 186,669 | 55,158,823 |
Albemarle Corp. | 98,506 | 19,574,127 |
Alcoa Corp. | 149,278 | 4,490,282 |
Amcor plc | 1,237,057 | 12,048,935 |
AptarGroup, Inc. | 54,737 | 7,255,937 |
Avery Dennison Corp. | 67,891 | 12,789,307 |
Axalta Coating Systems Ltd. * | 186,087 | 5,266,262 |
Ball Corp. | 265,692 | 14,466,929 |
Berry Global Group, Inc. | 100,116 | 6,541,579 |
Celanese Corp. | 83,456 | 10,545,500 |
CF Industries Holdings, Inc. | 163,048 | 12,566,109 |
Cleveland-Cliffs, Inc. * | 435,095 | 6,652,603 |
Corteva, Inc. | 595,626 | 30,085,069 |
Crown Holdings, Inc. | 100,349 | 9,298,338 |
Dow, Inc. | 595,216 | 32,474,985 |
DuPont de Nemours, Inc. | 386,438 | 29,713,218 |
Eastman Chemical Co. | 99,349 | 8,445,659 |
Ecolab, Inc. | 207,563 | 38,152,155 |
FMC Corp. | 104,292 | 8,993,099 |
Freeport-McMoRan, Inc. | 1,201,076 | 47,934,943 |
International Flavors & Fragrances, Inc. | 214,324 | 15,099,126 |
International Paper Co. | 291,806 | 10,189,866 |
Linde plc | 410,736 | 158,971,261 |
LyondellBasell Industries N.V., Class A | 213,110 | 21,048,875 |
Martin Marietta Materials, Inc. | 52,050 | 23,235,641 |
Newmont Corp. | 665,948 | 26,251,670 |
Nucor Corp. | 211,297 | 36,364,214 |
Packaging Corp. of America | 75,564 | 11,266,592 |
PPG Industries, Inc. | 198,134 | 28,087,476 |
Reliance Steel & Aluminum Co. | 49,623 | 14,140,570 |
Royal Gold, Inc. | 55,105 | 6,176,719 |
RPM International, Inc. | 107,912 | 10,763,143 |
Sealed Air Corp. | 120,403 | 4,462,135 |
Sonoco Products Co. | 81,133 | 4,661,091 |
Steel Dynamics, Inc. | 134,795 | 14,367,799 |
The Mosaic Co. | 279,052 | 10,841,170 |
The Sherwin-Williams Co. | 197,255 | 53,598,129 |
Vulcan Materials Co. | 112,050 | 24,454,913 |
Westlake Corp. | 28,790 | 3,770,914 |
Westrock Co. | 215,534 | 7,050,117 |
857,255,280 | ||
Media & Entertainment 7.7% | ||
Activision Blizzard, Inc. | 601,175 | 55,302,088 |
Alphabet, Inc., Class A * | 4,985,481 | 678,872,948 |
Alphabet, Inc., Class C * | 4,288,469 | 589,021,217 |
AMC Entertainment Holdings, Inc., Class A *(a) | 48,800 | 612,441 |
Cable One, Inc. | 3,943 | 2,565,198 |
Charter Communications, Inc., Class A * | 87,367 | 38,277,230 |
Comcast Corp., Class A | 3,489,454 | 163,166,869 |
DISH Network Corp., Class A * | 208,007 | 1,248,042 |
Electronic Arts, Inc. | 218,103 | 26,167,998 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Fox Corp., Class A | 334,140 | 11,046,668 |
IAC, Inc. * | 63,380 | 3,506,815 |
Liberty Broadband Corp., Class C * | 112,661 | 10,540,563 |
Liberty Media Corp.-Liberty Formula One, Class C * | 192,683 | 13,254,664 |
Liberty Media Corp.-Liberty Live, Class C * | 55,715 | 1,874,810 |
Liberty Media Corp.-Liberty SiriusXM, Class C * | 188,997 | 4,619,087 |
Live Nation Entertainment, Inc. * | 120,845 | 10,215,028 |
Match Group, Inc. * | 232,614 | 10,902,618 |
Meta Platforms, Inc., Class A * | 1,856,369 | 549,281,024 |
Netflix, Inc. * | 373,285 | 161,886,239 |
News Corp., Class A | 421,131 | 9,050,105 |
Omnicom Group, Inc. | 168,737 | 13,669,384 |
Paramount Global, Class B | 442,376 | 6,675,454 |
Pinterest, Inc., Class A * | 498,432 | 13,701,896 |
ROBLOX Corp., Class A * | 310,684 | 8,789,250 |
Roku, Inc. * | 103,871 | 8,434,325 |
Sirius XM Holdings, Inc. (a) | 583,298 | 2,566,511 |
Snap, Inc., Class A * | 837,803 | 8,671,261 |
Take-Two Interactive Software, Inc. * | 132,961 | 18,907,054 |
The Interpublic Group of Cos., Inc. | 322,330 | 10,511,181 |
The Trade Desk, Inc., Class A * | 371,907 | 29,763,717 |
The Walt Disney Co. * | 1,533,071 | 128,287,381 |
Warner Bros Discovery, Inc. * | 1,854,507 | 24,368,222 |
ZoomInfo Technologies, Inc. * | 227,755 | 4,104,145 |
2,619,861,433 | ||
Pharmaceuticals, Biotechnology & Life Sciences 7.7% | ||
AbbVie, Inc. | 1,480,748 | 217,610,726 |
Agilent Technologies, Inc. | 248,801 | 30,122,337 |
Alnylam Pharmaceuticals, Inc. * | 104,573 | 20,686,631 |
Amgen, Inc. | 448,486 | 114,964,901 |
Avantor, Inc. * | 563,869 | 12,207,764 |
Biogen, Inc. * | 121,813 | 32,567,924 |
Biohaven Ltd. * | 53,437 | 977,363 |
BioMarin Pharmaceutical, Inc. * | 157,602 | 14,401,671 |
Bio-Rad Laboratories, Inc., Class A * | 17,831 | 7,135,966 |
Bio-Techne Corp. | 131,754 | 10,329,513 |
Bristol-Myers Squibb Co. | 1,762,864 | 108,680,565 |
Bruker Corp. | 83,453 | 5,474,517 |
Catalent, Inc. * | 151,165 | 7,553,715 |
Charles River Laboratories International, Inc. * | 43,017 | 8,896,776 |
Danaher Corp. | 557,203 | 147,658,795 |
Elanco Animal Health, Inc. * | 389,178 | 4,747,971 |
Eli Lilly & Co. | 661,196 | 366,434,823 |
Exact Sciences Corp. * | 151,433 | 12,670,399 |
Fortrea Holdings, Inc. * | 74,348 | 2,048,287 |
Gilead Sciences, Inc. | 1,047,443 | 80,108,441 |
Horizon Therapeutics plc * | 189,522 | 21,366,710 |
Illumina, Inc. * | 132,304 | 21,859,267 |
Incyte Corp. * | 155,663 | 10,044,933 |
IQVIA Holdings, Inc. * | 156,126 | 34,758,331 |
Jazz Pharmaceuticals plc * | 53,714 | 7,700,439 |
Johnson & Johnson | 2,021,207 | 326,788,748 |
Karuna Therapeutics, Inc. * | 25,188 | 4,729,299 |
Merck & Co., Inc. | 2,129,411 | 232,063,211 |
Mettler-Toledo International, Inc. * | 18,516 | 22,468,796 |
Moderna, Inc. * | 274,581 | 31,046,874 |
Neurocrine Biosciences, Inc. * | 82,152 | 8,945,531 |
Organon & Co. | 213,181 | 4,681,455 |
Pfizer, Inc. | 4,735,107 | 167,528,086 |
Regeneron Pharmaceuticals, Inc. * | 90,632 | 74,906,442 |
Repligen Corp. * | 43,057 | 7,488,043 |
Revvity, Inc. | 105,421 | 12,337,420 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Royalty Pharma plc, Class A | 316,140 | 9,427,295 |
Sarepta Therapeutics, Inc. * | 78,218 | 9,465,160 |
Seagen, Inc. * | 116,040 | 23,912,363 |
Syneos Health, Inc. * | 87,581 | 3,742,336 |
Thermo Fisher Scientific, Inc. | 323,847 | 180,415,164 |
United Therapeutics Corp. * | 39,300 | 8,817,348 |
Vertex Pharmaceuticals, Inc. * | 216,224 | 75,319,468 |
Viatris, Inc. | 1,002,873 | 10,780,885 |
Waters Corp. * | 49,552 | 13,914,201 |
West Pharmaceutical Services, Inc. | 62,273 | 25,338,884 |
Zoetis, Inc. | 388,049 | 73,927,215 |
2,629,052,989 | ||
Real Estate Management & Development 0.2% | ||
CBRE Group, Inc., Class A * | 261,248 | 22,219,142 |
CoStar Group, Inc. * | 343,741 | 28,183,325 |
Jones Lang LaSalle, Inc. * | 39,745 | 6,867,936 |
Zillow Group, Inc., Class C * | 180,861 | 9,433,710 |
66,704,113 | ||
Semiconductors & Semiconductor Equipment 7.4% | ||
Advanced Micro Devices, Inc. * | 1,350,776 | 142,804,039 |
Analog Devices, Inc. | 424,689 | 77,199,966 |
Applied Materials, Inc. | 709,234 | 108,342,586 |
Broadcom, Inc. | 349,879 | 322,899,830 |
Enphase Energy, Inc. * | 115,110 | 14,564,868 |
Entegris, Inc. | 125,637 | 12,723,259 |
First Solar, Inc. * | 83,401 | 15,772,797 |
Intel Corp. | 3,500,227 | 122,997,977 |
KLA Corp. | 115,222 | 57,826,465 |
Lam Research Corp. | 112,767 | 79,207,541 |
Marvell Technology, Inc. | 719,813 | 41,929,107 |
Microchip Technology, Inc. | 460,674 | 37,701,560 |
Micron Technology, Inc. | 919,392 | 64,302,277 |
Monolithic Power Systems, Inc. | 37,752 | 19,676,720 |
NVIDIA Corp. | 2,075,375 | 1,024,301,331 |
NXP Semiconductors N.V. | 218,345 | 44,917,933 |
ON Semiconductor Corp. * | 361,780 | 35,620,859 |
Qorvo, Inc. * | 83,667 | 8,984,999 |
QUALCOMM, Inc. | 934,865 | 107,070,088 |
Skyworks Solutions, Inc. | 133,135 | 14,477,100 |
SolarEdge Technologies, Inc. * | 47,264 | 7,683,709 |
Teradyne, Inc. | 130,194 | 14,044,027 |
Texas Instruments, Inc. | 761,446 | 127,968,615 |
Universal Display Corp. | 36,690 | 5,964,326 |
Wolfspeed, Inc. * | 103,518 | 4,950,231 |
2,513,932,210 | ||
Software & Services 11.8% | ||
Accenture plc, Class A | 530,169 | 171,652,817 |
Adobe, Inc. * | 385,034 | 215,364,918 |
Akamai Technologies, Inc. * | 127,838 | 13,434,495 |
ANSYS, Inc. * | 72,973 | 23,268,901 |
AppLovin Corp., Class A * | 105,890 | 4,576,566 |
Aspen Technology, Inc. * | 24,495 | 4,752,030 |
Atlassian Corp., Class A * | 127,922 | 26,103,763 |
Autodesk, Inc. * | 179,388 | 39,813,373 |
Bentley Systems, Inc., Class B | 167,898 | 8,379,789 |
Bill Holdings, Inc. * | 80,468 | 9,277,960 |
Black Knight, Inc. * | 131,832 | 9,987,592 |
Cadence Design Systems, Inc. * | 229,131 | 55,092,258 |
Cloudflare, Inc., Class A * | 243,209 | 15,815,881 |
Cognizant Technology Solutions Corp., Class A | 424,863 | 30,424,439 |
Crowdstrike Holdings, Inc., Class A * | 187,581 | 30,581,330 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Datadog, Inc., Class A * | 211,530 | 20,408,414 |
DocuSign, Inc. * | 169,955 | 8,548,737 |
DXC Technology Co. * | 190,286 | 3,946,532 |
Dynatrace, Inc. * | 181,002 | 8,724,296 |
Elastic N.V. * | 65,025 | 4,023,747 |
EPAM Systems, Inc. * | 48,660 | 12,602,453 |
Fair Isaac Corp. * | 20,935 | 18,937,592 |
Five9, Inc. * | 59,052 | 4,273,593 |
Fortinet, Inc. * | 545,926 | 32,870,204 |
Gartner, Inc. * | 66,339 | 23,197,422 |
Gen Digital, Inc. | 477,014 | 9,659,534 |
GoDaddy, Inc., Class A * | 128,538 | 9,320,290 |
Guidewire Software, Inc. * | 68,165 | 5,891,501 |
HubSpot, Inc. * | 41,674 | 22,775,674 |
International Business Machines Corp. | 761,991 | 111,883,139 |
Intuit, Inc. | 235,408 | 127,546,409 |
Manhattan Associates, Inc. * | 52,030 | 10,542,319 |
Microsoft Corp. | 6,239,610 | 2,045,094,574 |
MongoDB, Inc. * | 58,780 | 22,412,814 |
Okta, Inc. * | 130,197 | 10,872,751 |
Oracle Corp. | 1,290,915 | 155,413,257 |
Palantir Technologies, Inc., Class A * | 1,499,018 | 22,455,290 |
Palo Alto Networks, Inc. * | 254,185 | 61,843,211 |
PTC, Inc. * | 89,454 | 13,164,945 |
Roper Technologies, Inc. | 89,574 | 44,702,800 |
Salesforce, Inc. * | 821,894 | 182,016,645 |
ServiceNow, Inc. * | 170,981 | 100,678,742 |
Snowflake, Inc., Class A * | 243,296 | 38,160,978 |
Splunk, Inc. * | 127,918 | 15,511,337 |
Synopsys, Inc. * | 127,910 | 58,696,620 |
Twilio, Inc., Class A * | 146,216 | 9,315,421 |
Tyler Technologies, Inc. * | 35,133 | 13,998,041 |
UiPath, Inc., Class A * | 301,249 | 4,762,747 |
Unity Software, Inc. * | 187,707 | 6,958,299 |
VeriSign, Inc. * | 75,979 | 15,787,676 |
VMware, Inc., Class A * | 176,667 | 29,817,856 |
Workday, Inc., Class A * | 172,347 | 42,138,842 |
Zoom Video Communications, Inc., Class A * | 185,338 | 13,164,558 |
Zscaler, Inc. * | 71,502 | 11,157,887 |
4,011,803,259 | ||
Technology Hardware & Equipment 8.7% | ||
Amphenol Corp., Class A | 500,690 | 44,250,982 |
Apple Inc. | 12,407,034 | 2,330,909,478 |
Arista Networks, Inc. * | 210,169 | 41,031,294 |
Arrow Electronics, Inc. * | 47,441 | 6,330,053 |
CDW Corp. | 112,847 | 23,827,644 |
Ciena Corp. * | 123,998 | 6,197,420 |
Cisco Systems, Inc. | 3,435,944 | 197,051,388 |
Cognex Corp. | 144,086 | 6,783,569 |
Corning, Inc. | 640,024 | 21,005,588 |
Dell Technologies, Inc., Class C | 214,956 | 12,089,126 |
F5, Inc. * | 50,364 | 8,242,572 |
Hewlett Packard Enterprise Co. | 1,088,450 | 18,492,766 |
HP, Inc. | 725,128 | 21,543,553 |
Jabil, Inc. | 112,238 | 12,842,272 |
Juniper Networks, Inc. | 268,719 | 7,825,097 |
Keysight Technologies, Inc. * | 149,249 | 19,894,892 |
Motorola Solutions, Inc. | 141,000 | 39,983,370 |
NetApp, Inc. | 179,671 | 13,780,766 |
Pure Storage, Inc., Class A * | 242,577 | 8,875,892 |
Seagate Technology Holdings plc | 161,799 | 11,453,751 |
TD SYNNEX Corp. | 34,731 | 3,533,879 |
TE Connectivity Ltd. | 264,951 | 35,076,863 |
Teledyne Technologies, Inc. * | 39,337 | 16,454,667 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Trimble, Inc. * | 208,105 | 11,402,073 |
Ubiquiti, Inc. | 3,680 | 644,110 |
Western Digital Corp. * | 268,602 | 12,087,090 |
Zebra Technologies Corp., Class A * | 43,217 | 11,885,107 |
2,943,495,262 | ||
Telecommunication Services 0.8% | ||
AT&T, Inc. | 6,002,315 | 88,774,239 |
GCI Liberty, Inc. *(c) | 75,055 | 13,552 |
Liberty Global plc, Class C * | 342,102 | 6,787,303 |
Lumen Technologies, Inc. * | 756,625 | 1,203,034 |
T-Mobile US, Inc. * | 483,920 | 65,934,100 |
Verizon Communications, Inc. | 3,527,292 | 123,384,674 |
286,096,902 | ||
Transportation 1.8% | ||
Alaska Air Group, Inc. * | 107,798 | 4,524,282 |
American Airlines Group, Inc. * | 548,535 | 8,079,920 |
Avis Budget Group, Inc. * | 19,997 | 4,267,160 |
C.H. Robinson Worldwide, Inc. | 97,102 | 8,780,934 |
CSX Corp. | 1,703,606 | 51,448,901 |
Delta Air Lines, Inc. | 541,264 | 23,209,400 |
Expeditors International of Washington, Inc. | 128,464 | 14,993,033 |
FedEx Corp. | 194,304 | 50,717,230 |
Hertz Global Holdings, Inc. * | 133,701 | 2,266,232 |
J.B. Hunt Transport Services, Inc. | 69,351 | 13,029,666 |
Knight-Swift Transportation Holdings, Inc. | 134,824 | 7,391,052 |
Lyft, Inc., Class A * | 272,582 | 3,211,016 |
Norfolk Southern Corp. | 191,379 | 39,234,609 |
Old Dominion Freight Line, Inc. | 75,627 | 32,320,711 |
RXO, Inc. * | 99,910 | 1,806,373 |
Southwest Airlines Co. | 499,832 | 15,794,691 |
Uber Technologies, Inc. * | 1,699,464 | 80,265,685 |
U-Haul Holding Co. | 8,245 | 469,718 |
Union Pacific Corp. | 511,687 | 112,862,802 |
United Airlines Holdings, Inc. * | 273,726 | 13,634,292 |
United Parcel Service, Inc., Class B | 608,247 | 103,037,042 |
XPO, Inc. * | 97,283 | 7,260,230 |
598,604,979 | ||
Utilities 2.3% | ||
Alliant Energy Corp. | 209,696 | 10,520,448 |
Ameren Corp. | 220,459 | 17,475,785 |
American Electric Power Co., Inc. | 433,079 | 33,953,394 |
American Water Works Co., Inc. | 163,753 | 22,719,091 |
Atmos Energy Corp. | 121,248 | 14,058,706 |
Avangrid, Inc. | 58,150 | 2,006,175 |
CenterPoint Energy, Inc. | 529,894 | 14,778,744 |
CMS Energy Corp. | 243,768 | 13,697,324 |
Consolidated Edison, Inc. | 291,882 | 25,965,823 |
Constellation Energy Corp. | 271,530 | 28,282,565 |
Dominion Energy, Inc. | 700,265 | 33,990,863 |
DTE Energy Co. | 173,014 | 17,886,187 |
Duke Energy Corp. | 646,063 | 57,370,394 |
Edison International | 321,688 | 22,148,219 |
Entergy Corp. | 177,561 | 16,912,685 |
Essential Utilities, Inc. | 202,588 | 7,475,497 |
Evergy, Inc. | 191,641 | 10,534,506 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Eversource Energy | 292,912 | 18,693,644 |
Exelon Corp. | 836,987 | 33,579,918 |
FirstEnergy Corp. | 455,541 | 16,431,364 |
NextEra Energy, Inc. | 1,697,812 | 113,413,842 |
NiSource, Inc. | 346,667 | 9,276,809 |
NRG Energy, Inc. | 192,502 | 7,228,450 |
OGE Energy Corp. | 169,050 | 5,756,152 |
PG&E Corp. * | 1,361,068 | 22,185,408 |
Pinnacle West Capital Corp. | 94,237 | 7,281,693 |
PPL Corp. | 617,657 | 15,392,012 |
Public Service Enterprise Group, Inc. | 418,327 | 25,551,413 |
Sempra | 529,287 | 37,166,533 |
The AES Corp. | 562,349 | 10,082,918 |
The Southern Co. | 916,330 | 62,063,031 |
UGI Corp. | 175,873 | 4,428,482 |
Vistra Corp. | 294,768 | 9,261,611 |
WEC Energy Group, Inc. | 264,727 | 22,268,835 |
Xcel Energy, Inc. | 463,135 | 26,458,903 |
796,297,424 | ||
Total Common Stocks (Cost $22,830,879,086) | 33,941,833,800 |
SHORT-TERM INVESTMENTS 0.1% OF NET ASSETS | ||
Money Market Funds 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (d) | 21,369,226 | 21,369,226 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (d)(e) | 16,796,061 | 16,796,061 |
38,165,287 | ||
Total Short-Term Investments (Cost $38,165,287) | 38,165,287 | |
Total Investments in Securities (Cost $22,869,044,373) | 33,979,999,087 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
S&P 500 Index, e-mini, expires 09/15/23 | 323 | 72,933,400 | 280,374 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $16,307,417. |
(b) | Issuer is affiliated with the fund’s investment adviser. |
(c) | Fair valued using significant unobservable inputs (see financial note 2(a), Securities for which no quoted value is available, for additional information). |
(d) | The rate shown is the annualized 7-day yield. |
(e) | Security purchased with cash collateral received for securities on loan. |
REIT — | Real Estate Investment Trust |
SECURITY | VALUE AT 8/31/22 | PURCHASES | SALES | REALIZED GAINS (LOSSES) | NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) | VALUE AT 8/31/23 | BALANCE OF SHARES HELD AT 8/31/23 | DIVIDENDS RECEIVED |
COMMON STOCKS 0.2% OF NET ASSETS | ||||||||
Financial Services 0.2% | ||||||||
The Charles Schwab Corp. | $85,808,704 | $10,103,490 | ($6,877,661 ) | $875,484 | ($16,631,803 ) | $73,278,214 | 1,238,854 | $1,225,576 |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Common Stocks1 | $33,655,736,898 | $— | $— | $33,655,736,898 |
Telecommunication Services | 286,083,350 | — | 13,552 | 286,096,902 |
Short-Term Investments1 | 38,165,287 | — | — | 38,165,287 |
Futures Contracts2 | 280,374 | — | — | 280,374 |
Total | $33,980,265,909 | $— | $13,552 | $33,980,279,461 |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - affiliated (cost $60,391,797) | $73,278,214 | |
Investments in securities, at value - unaffiliated (cost $22,808,652,576) including securities on loan of $16,307,417 | 33,906,720,873 | |
Deposit with broker for futures contracts | 4,367,200 | |
Receivables: | ||
Dividends | 50,649,383 | |
Fund shares sold | 13,327,481 | |
Investments sold | 6,373,323 | |
Income from securities on loan | + | 452,421 |
Total assets | 34,055,168,895 | |
Liabilities | ||
Collateral held for securities on loan | 16,796,061 | |
Payables: | ||
Investments bought | 14,234,055 | |
Fund shares redeemed | 5,326,100 | |
Management fees | 855,036 | |
Variation margin on futures contracts | + | 157,440 |
Total liabilities | 37,368,692 | |
Net assets | $34,017,800,203 | |
Net Assets by Source | ||
Capital received from investors | $23,793,673,855 | |
Total distributable earnings | + | 10,224,126,348 |
Net assets | $34,017,800,203 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$34,017,800,203 | 638,700,000 | $53.26 | ||
For the period September 1, 2022 through August 31, 2023 | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $127,261) | $507,533,198 | |
Dividends received from securities - affiliated | 1,225,576 | |
Securities on loan, net | + | 2,863,225 |
Total investment income | 511,621,999 | |
Expenses | ||
Management fees | 9,245,009 | |
Proxy fees1 | + | 120,435 |
Total expenses | – | 9,365,444 |
Net investment income | 502,256,555 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - affiliated | (1,234,068 ) | |
Net realized losses on sales of securities - unaffiliated | (391,211,304 ) | |
Net realized gains on sales of in-kind redemptions - affiliated | 2,109,552 | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 931,055,077 | |
Net realized gains on futures contracts | + | 1,413,040 |
Net realized gains | 542,132,297 | |
Net change in unrealized appreciation (depreciation) on securities - affiliated | (16,631,803 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 3,652,458,513 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 3,582,966 |
Net change in unrealized appreciation (depreciation) | + | 3,639,409,676 |
Net realized and unrealized gains | 4,181,541,973 | |
Increase in net assets resulting from operations | $4,683,798,528 |
1 | Proxy fees are non-routine expenses (see financial note 2(e) for additional information). |
OPERATIONS | |||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||
Net investment income | $502,256,555 | $442,102,487 | |
Net realized gains | 542,132,297 | 1,524,137,554 | |
Net change in unrealized appreciation (depreciation) | + | 3,639,409,676 | (6,397,356,416 ) |
Increase (decrease) in net assets resulting from operations | $4,683,798,528 | ($4,431,116,375 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($491,587,390 ) | ($444,552,685 ) |
TRANSACTIONS IN FUND SHARES1 | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 60,200,000 | $2,775,351,355 | 76,150,000 | $3,881,895,998 | |
Shares redeemed | + | (38,800,000 ) | (1,860,648,362 ) | (62,450,000 ) | (3,130,544,574 ) |
Net transactions in fund shares | 21,400,000 | $914,702,993 | 13,700,000 | $751,351,424 | |
SHARES OUTSTANDING AND NET ASSETS1 | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 617,300,000 | $28,910,886,072 | 603,600,000 | $33,035,203,708 | |
Total increase (decrease) | + | 21,400,000 | 5,106,914,131 | 13,700,000 | (4,124,317,636 ) |
End of period | 638,700,000 | $34,017,800,203 | 617,300,000 | $28,910,886,072 |
1 | For the period ended August 31, 2022, transactions in fund shares have been retroactively adjusted to reflect a 2-for-1 share split effective after market close on March 10, 2022. The retroactive adjustment of the share split does not change the transaction in fund share values (see financial note 12 for additional information). |
9/1/22– 8/31/23 | 9/1/21– 8/31/221 | 9/1/20– 8/31/211 | 9/1/19– 8/31/201 | 9/1/18– 8/31/191 | ||
Per-Share Data | ||||||
Net asset value at beginning of period | $62.09 | $78.35 | $60.08 | $42.01 | $40.85 | |
Income (loss) from investment operations: | ||||||
Net investment income (loss)2 | 0.35 | 0.29 | 0.37 | 0.35 | 0.48 | |
Net realized and unrealized gains (losses) | 14.73 | (16.20 ) | 18.21 | 18.09 | 1.14 | |
Total from investment operations | 15.08 | (15.91 ) | 18.58 | 18.44 | 1.62 | |
Less distributions: | ||||||
Distributions from net investment income | (0.34 ) | (0.35 ) | (0.31 ) | (0.37 ) | (0.46 ) | |
Net asset value at end of period | $76.83 | $62.09 | $78.35 | $60.08 | $42.01 | |
Total return | 24.41 % | (20.37 %) | 31.06 % | 44.22 % | 4.09 % | |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.04 %3 | 0.04 %3 | 0.04 % | 0.04 % | 0.04 % | |
Net investment income (loss) | 0.54 % | 0.41 % | 0.55 % | 0.74 % | 1.21 % | |
Portfolio turnover rate4 | 9 % | 6 % | 12 % | 7 % | 14 % | |
Net assets, end of period (x 1,000,000) | $19,818 | $14,493 | $16,563 | $12,785 | $8,108 |
1 | Per-Share Data has been retroactively adjusted to reflect a 2-for-1 share split effective after market close on March 10, 2022 (see financial note 12 for additional information). |
2 | Calculated based on the average shares outstanding during the period. |
3 | Ratio includes less than 0.005% of non-routine proxy expenses. |
4 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.9% OF NET ASSETS | ||
Automobiles & Components 3.4% | ||
Tesla, Inc. * | 2,590,230 | 668,486,558 |
Banks 0.1% | ||
First Citizens BancShares, Inc., Class A | 11,355 | 15,447,342 |
Capital Goods 2.3% | ||
Axon Enterprise, Inc. * | 67,693 | 14,412,517 |
Builders FirstSource, Inc. * | 123,521 | 17,915,486 |
Carlisle Cos., Inc. | 48,507 | 12,758,311 |
Deere & Co. | 259,614 | 106,685,777 |
Generac Holdings, Inc. * | 59,781 | 7,102,581 |
General Electric Co. | 1,048,329 | 119,991,737 |
Huntington Ingalls Industries, Inc. | 37,219 | 8,200,090 |
L3Harris Technologies, Inc. | 182,219 | 32,451,382 |
Nordson Corp. | 50,825 | 12,408,415 |
Plug Power, Inc. *(a) | 519,003 | 4,390,765 |
TransDigm Group, Inc. * | 50,303 | 45,466,367 |
Trex Co., Inc. * | 104,568 | 7,463,018 |
United Rentals, Inc. | 65,900 | 31,403,986 |
W.W. Grainger, Inc. | 42,944 | 30,668,028 |
WillScot Mobile Mini Holdings Corp. * | 192,238 | 7,885,603 |
459,204,063 | ||
Commercial & Professional Services 0.8% | ||
Ceridian HCM Holding, Inc. * | 149,154 | 10,816,648 |
Cintas Corp. | 83,157 | 41,925,265 |
Concentrix Corp. | 39,953 | 3,189,448 |
Copart, Inc. * | 826,466 | 37,050,471 |
Paycom Software, Inc. | 46,907 | 13,830,060 |
Paylocity Holding Corp. * | 39,719 | 7,963,659 |
Verisk Analytics, Inc. | 139,368 | 33,757,717 |
148,533,268 | ||
Consumer Discretionary Distribution & Retail 6.9% | ||
Amazon.com, Inc. * | 8,565,277 | 1,182,093,879 |
AutoZone, Inc. * | 17,782 | 45,012,110 |
Carvana Co. *(a) | 96,234 | 4,845,382 |
Etsy, Inc. * | 121,848 | 8,964,357 |
Five Below, Inc. * | 54,044 | 9,293,406 |
Floor & Decor Holdings, Inc., Class A * | 103,141 | 10,283,158 |
O'Reilly Automotive, Inc. * | 59,025 | 55,465,792 |
Pool Corp. | 38,203 | 13,967,017 |
RH * | 17,316 | 6,323,630 |
Ulta Beauty, Inc. * | 48,523 | 20,138,501 |
Wayfair, Inc., Class A * | 79,425 | 5,489,062 |
1,361,876,294 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Consumer Durables & Apparel 0.6% | ||
D.R. Horton, Inc. | 299,308 | 35,623,638 |
Deckers Outdoor Corp. * | 25,298 | 13,384,919 |
Lululemon Athletica, Inc. * | 111,646 | 42,566,154 |
NVR, Inc. * | 2,901 | 18,500,634 |
110,075,345 | ||
Consumer Services 1.6% | ||
Airbnb, Inc., Class A * | 397,088 | 52,236,926 |
Booking Holdings, Inc. * | 35,573 | 110,455,232 |
Caesars Entertainment, Inc. * | 205,833 | 11,374,332 |
Chipotle Mexican Grill, Inc. * | 26,543 | 51,138,806 |
Domino’s Pizza, Inc. | 33,561 | 13,001,531 |
DoorDash, Inc., Class A * | 253,753 | 21,348,240 |
DraftKings, Inc., Class A * | 444,381 | 13,175,897 |
Expedia Group, Inc. * | 137,221 | 14,873,384 |
Hilton Worldwide Holdings, Inc. | 254,093 | 37,770,924 |
325,375,272 | ||
Consumer Staples Distribution & Retail 1.3% | ||
Costco Wholesale Corp. | 427,061 | 234,576,066 |
Dollar General Corp. | 209,441 | 29,007,579 |
263,583,645 | ||
Energy 1.5% | ||
Baker Hughes Co. | 972,253 | 35,185,836 |
Cheniere Energy, Inc. | 233,899 | 38,172,317 |
Diamondback Energy, Inc. | 173,568 | 26,344,151 |
EOG Resources, Inc. | 564,843 | 72,650,106 |
EQT Corp. | 347,849 | 15,034,034 |
Halliburton Co. | 865,370 | 33,420,589 |
Hess Corp. | 266,844 | 41,227,398 |
New Fortress Energy, Inc. | 42,826 | 1,329,319 |
Targa Resources Corp. | 215,059 | 18,548,839 |
Texas Pacific Land Corp. | 5,889 | 11,099,293 |
293,011,882 | ||
Equity Real Estate Investment Trusts (REITs) 0.9% | ||
American Tower Corp. | 448,672 | 81,353,207 |
Equinix, Inc. | 90,038 | 70,353,892 |
Rexford Industrial Realty, Inc. | 189,210 | 10,117,059 |
SBA Communications Corp. | 103,361 | 23,207,645 |
185,031,803 | ||
Financial Services 6.7% | ||
Affirm Holdings, Inc. * | 202,909 | 4,222,536 |
BlackRock, Inc. | 144,265 | 101,063,403 |
Block, Inc. * | 523,087 | 30,155,966 |
Coinbase Global, Inc., Class A * | 160,194 | 12,751,442 |
Corebridge Financial, Inc. | 143,293 | 2,554,914 |
Credit Acceptance Corp. * | 5,619 | 2,819,446 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
FactSet Research Systems, Inc. | 36,341 | 15,859,576 |
Fiserv, Inc. * | 592,235 | 71,891,407 |
FleetCor Technologies, Inc. * | 69,905 | 18,995,286 |
KKR & Co., Inc. | 556,732 | 34,968,337 |
LPL Financial Holdings, Inc. | 74,474 | 17,172,960 |
MarketAxess Holdings, Inc. | 36,051 | 8,685,767 |
Mastercard, Inc., Class A | 805,572 | 332,411,230 |
Moody's Corp. | 151,873 | 51,150,826 |
MSCI, Inc. | 76,838 | 41,770,674 |
PayPal Holdings, Inc. * | 1,072,097 | 67,016,783 |
S&P Global, Inc. | 316,255 | 123,611,429 |
Visa, Inc., Class A | 1,557,620 | 382,676,082 |
WEX, Inc. * | 39,697 | 7,787,757 |
1,327,565,821 | ||
Food, Beverage & Tobacco 0.2% | ||
Monster Beverage Corp. * | 738,289 | 42,385,171 |
Post Holdings, Inc. * | 47,652 | 4,274,861 |
46,660,032 | ||
Health Care Equipment & Services 6.0% | ||
agilon health, Inc. * | 279,661 | 4,955,593 |
Align Technology, Inc. * | 68,424 | 25,326,459 |
Centene Corp. * | 527,347 | 32,510,942 |
Chemed Corp. | 13,810 | 7,062,986 |
DexCom, Inc. * | 372,963 | 37,661,804 |
Edwards Lifesciences Corp. * | 583,737 | 44,638,368 |
Elevance Health, Inc. | 228,118 | 100,830,437 |
GE Healthcare, Inc. | 375,875 | 26,480,394 |
Guardant Health, Inc. * | 109,853 | 4,293,055 |
Humana, Inc. | 120,064 | 55,425,144 |
IDEXX Laboratories, Inc. * | 79,917 | 40,870,353 |
Insulet Corp. * | 66,744 | 12,795,492 |
Intuitive Surgical, Inc. * | 337,566 | 105,550,137 |
Masimo Corp. * | 46,156 | 5,274,708 |
McKesson Corp. | 130,306 | 53,727,770 |
Molina Healthcare, Inc. * | 55,605 | 17,244,223 |
Novocure Ltd. * | 87,399 | 1,928,022 |
Penumbra, Inc. * | 36,688 | 9,703,976 |
R1 RCM, Inc. * | 128,420 | 2,213,961 |
ResMed, Inc. | 141,002 | 22,502,509 |
Shockwave Medical, Inc. * | 35,124 | 7,740,978 |
Teladoc Health, Inc. * | 156,783 | 3,549,567 |
Teleflex, Inc. | 44,744 | 9,518,839 |
The Cigna Group | 284,495 | 78,594,589 |
The Cooper Cos., Inc. | 47,233 | 17,475,738 |
UnitedHealth Group, Inc. | 895,909 | 426,972,311 |
Veeva Systems, Inc., Class A * | 140,564 | 29,335,707 |
1,184,184,062 | ||
Household & Personal Products 0.2% | ||
Olaplex Holdings, Inc. * | 69,385 | 188,033 |
The Estee Lauder Cos., Inc., Class A | 223,343 | 35,853,252 |
36,041,285 | ||
Insurance 0.1% | ||
Markel Group, Inc. * | 12,797 | 18,925,739 |
RenaissanceRe Holdings Ltd. | 48,161 | 9,048,971 |
27,974,710 | ||
Materials 1.7% | ||
Albemarle Corp. | 112,771 | 22,408,725 |
Cleveland-Cliffs, Inc. * | 494,186 | 7,556,104 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Corteva, Inc. | 683,186 | 34,507,725 |
Linde plc | 471,511 | 182,493,618 |
Martin Marietta Materials, Inc. | 59,210 | 26,431,936 |
The Sherwin-Williams Co. | 225,582 | 61,295,141 |
Westlake Corp. | 32,694 | 4,282,260 |
338,975,509 | ||
Media & Entertainment 12.3% | ||
Alphabet, Inc., Class A * | 5,694,773 | 775,457,239 |
Alphabet, Inc., Class C * | 4,896,588 | 672,546,362 |
Cable One, Inc. | 4,570 | 2,973,105 |
Charter Communications, Inc., Class A * | 101,014 | 44,256,254 |
Liberty Broadband Corp., Class C * | 129,086 | 12,077,286 |
Live Nation Entertainment, Inc. * | 140,830 | 11,904,360 |
Meta Platforms, Inc., Class A * | 2,129,637 | 630,138,292 |
Netflix, Inc. * | 428,026 | 185,626,316 |
Pinterest, Inc., Class A * | 586,137 | 16,112,906 |
ROBLOX Corp., Class A * | 359,102 | 10,158,996 |
Roku, Inc. * | 119,739 | 9,722,807 |
Snap, Inc., Class A * | 971,827 | 10,058,409 |
Take-Two Interactive Software, Inc. * | 155,827 | 22,158,599 |
The Trade Desk, Inc., Class A * | 430,114 | 34,422,023 |
ZoomInfo Technologies, Inc. * | 272,900 | 4,917,658 |
2,442,530,612 | ||
Pharmaceuticals, Biotechnology & Life Sciences 7.4% | ||
Alnylam Pharmaceuticals, Inc. * | 119,596 | 23,658,481 |
Avantor, Inc. * | 646,540 | 13,997,591 |
Biohaven Ltd. * | 60,834 | 1,112,654 |
BioMarin Pharmaceutical, Inc. * | 179,743 | 16,424,915 |
Bio-Rad Laboratories, Inc., Class A * | 20,373 | 8,153,274 |
Bio-Techne Corp. | 150,677 | 11,813,077 |
Catalent, Inc. * | 172,513 | 8,620,475 |
Charles River Laboratories International, Inc. * | 48,810 | 10,094,884 |
Danaher Corp. | 640,067 | 169,617,755 |
Eli Lilly & Co. | 758,140 | 420,161,188 |
Exact Sciences Corp. * | 173,685 | 14,532,224 |
Horizon Therapeutics plc * | 217,119 | 24,477,996 |
Illumina, Inc. * | 152,136 | 25,135,910 |
Incyte Corp. * | 176,113 | 11,364,572 |
IQVIA Holdings, Inc. * | 178,215 | 39,676,005 |
Jazz Pharmaceuticals plc * | 59,325 | 8,504,832 |
Karuna Therapeutics, Inc. * | 28,985 | 5,442,224 |
Mettler-Toledo International, Inc. * | 21,152 | 25,667,529 |
Moderna, Inc. * | 315,261 | 35,646,561 |
Neurocrine Biosciences, Inc. * | 92,455 | 10,067,425 |
Regeneron Pharmaceuticals, Inc. * | 103,839 | 85,821,895 |
Repligen Corp. * | 49,681 | 8,640,023 |
Revvity, Inc. | 119,416 | 13,975,254 |
Sarepta Therapeutics, Inc. * | 89,386 | 10,816,600 |
Seagen, Inc. * | 133,352 | 27,479,847 |
Syneos Health, Inc. * | 97,201 | 4,153,399 |
Thermo Fisher Scientific, Inc. | 371,680 | 207,062,928 |
United Therapeutics Corp. * | 44,476 | 9,978,635 |
Vertex Pharmaceuticals, Inc. * | 248,005 | 86,390,062 |
Waters Corp. * | 56,285 | 15,804,828 |
West Pharmaceutical Services, Inc. | 71,301 | 29,012,377 |
Zoetis, Inc. | 444,640 | 84,708,366 |
1,468,013,786 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Real Estate Management & Development 0.2% | ||
CoStar Group, Inc. * | 393,964 | 32,301,108 |
Zillow Group, Inc., Class C * | 207,836 | 10,840,726 |
43,141,834 | ||
Semiconductors & Semiconductor Equipment 9.9% | ||
Advanced Micro Devices, Inc. * | 1,549,828 | 163,847,816 |
Broadcom, Inc. | 401,390 | 370,438,817 |
Enphase Energy, Inc. * | 131,970 | 16,698,164 |
KLA Corp. | 132,623 | 66,559,505 |
Lam Research Corp. | 129,713 | 91,110,411 |
Monolithic Power Systems, Inc. | 43,640 | 22,745,605 |
NVIDIA Corp. | 2,372,725 | 1,171,058,424 |
ON Semiconductor Corp. * | 417,514 | 41,108,429 |
Qorvo, Inc. * | 96,725 | 10,387,298 |
SolarEdge Technologies, Inc. * | 54,346 | 8,835,029 |
Universal Display Corp. | 42,115 | 6,846,214 |
1,969,635,712 | ||
Software & Services 20.9% | ||
Accenture plc, Class A | 608,426 | 196,990,086 |
Adobe, Inc. * | 441,405 | 246,895,473 |
ANSYS, Inc. * | 83,534 | 26,636,487 |
AppLovin Corp., Class A * | 121,058 | 5,232,127 |
Atlassian Corp., Class A * | 146,370 | 29,868,262 |
Autodesk, Inc. * | 206,479 | 45,825,949 |
Bill Holdings, Inc. * | 92,227 | 10,633,773 |
Cadence Design Systems, Inc. * | 262,881 | 63,207,108 |
Cloudflare, Inc., Class A * | 278,639 | 18,119,894 |
Crowdstrike Holdings, Inc., Class A * | 215,890 | 35,196,547 |
Datadog, Inc., Class A * | 242,323 | 23,379,323 |
DocuSign, Inc. * | 194,751 | 9,795,975 |
Dynatrace, Inc. * | 208,880 | 10,068,016 |
Elastic N.V. * | 74,631 | 4,618,166 |
EPAM Systems, Inc. * | 55,617 | 14,404,247 |
Fair Isaac Corp. * | 23,959 | 21,673,072 |
Five9, Inc. * | 68,014 | 4,922,173 |
Fortinet, Inc. * | 628,605 | 37,848,307 |
Gartner, Inc. * | 75,506 | 26,402,938 |
GoDaddy, Inc., Class A * | 145,885 | 10,578,121 |
HubSpot, Inc. * | 47,833 | 26,141,691 |
Intuit, Inc. | 270,177 | 146,384,600 |
Microsoft Corp. | 7,141,769 | 2,340,786,207 |
MongoDB, Inc. * | 67,409 | 25,703,052 |
Okta, Inc. * | 148,966 | 12,440,151 |
Palo Alto Networks, Inc. * | 291,005 | 70,801,517 |
PTC, Inc. * | 101,845 | 14,988,529 |
Roper Technologies, Inc. | 102,501 | 51,154,149 |
Salesforce, Inc. * | 942,312 | 208,684,416 |
ServiceNow, Inc. * | 196,254 | 115,560,243 |
Snowflake, Inc., Class A * | 278,138 | 43,625,945 |
Splunk, Inc. * | 146,292 | 17,739,368 |
Synopsys, Inc. * | 146,848 | 67,387,079 |
Twilio, Inc., Class A * | 168,464 | 10,732,841 |
Tyler Technologies, Inc. * | 40,252 | 16,037,604 |
UiPath, Inc., Class A * | 345,383 | 5,460,505 |
Unity Software, Inc. * | 215,691 | 7,995,665 |
VMware, Inc., Class A * | 201,859 | 34,069,762 |
Workday, Inc., Class A * | 198,433 | 48,516,869 |
Zoom Video Communications, Inc., Class A * | 212,266 | 15,077,254 |
Zscaler, Inc. * | 82,418 | 12,861,329 |
4,134,444,820 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Technology Hardware & Equipment 14.0% | ||
Apple Inc. | 14,201,908 | 2,668,112,456 |
Arista Networks, Inc. * | 241,317 | 47,112,318 |
Ciena Corp. * | 144,885 | 7,241,352 |
Dell Technologies, Inc., Class C | 254,731 | 14,326,072 |
Pure Storage, Inc., Class A * | 284,421 | 10,406,964 |
Teledyne Technologies, Inc. * | 46,260 | 19,350,558 |
Ubiquiti, Inc. | 4,639 | 811,964 |
Zebra Technologies Corp., Class A * | 50,249 | 13,818,978 |
2,781,180,662 | ||
Telecommunication Services 0.4% | ||
T-Mobile US, Inc. * | 554,123 | 75,499,259 |
Transportation 0.3% | ||
Hertz Global Holdings, Inc. * | 145,993 | 2,474,582 |
Knight-Swift Transportation Holdings, Inc. | 152,115 | 8,338,944 |
Lyft, Inc., Class A * | 313,863 | 3,697,306 |
Old Dominion Freight Line, Inc. | 86,764 | 37,080,331 |
U-Haul Holding Co. | 9,292 | 529,365 |
52,120,528 | ||
Utilities 0.2% | ||
Constellation Energy Corp. | 311,310 | 32,426,050 |
Total Common Stocks (Cost $12,210,045,805) | 19,791,020,154 |
SHORT-TERM INVESTMENTS 0.1% OF NET ASSETS | ||
Money Market Funds 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (b) | 15,652,296 | 15,652,296 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (b)(c) | 7,993,825 | 7,993,825 |
23,646,121 | ||
Total Short-Term Investments (Cost $23,646,121) | 23,646,121 | |
Total Investments in Securities (Cost $12,233,691,926) | 19,814,666,275 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
Russell 1000 Growth Index, e-mini, expires 09/15/23 | 141 | 20,030,460 | 548,324 |
S&P 500 Index, e-mini, expires 09/15/23 | 23 | 5,193,400 | 94,462 |
642,786 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $7,833,498. |
(b) | The rate shown is the annualized 7-day yield. |
(c) | Security purchased with cash collateral received for securities on loan. |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Common Stocks1 | $19,791,020,154 | $— | $— | $19,791,020,154 |
Short-Term Investments1 | 23,646,121 | — | — | 23,646,121 |
Futures Contracts2 | 642,786 | — | — | 642,786 |
Total | $19,815,309,061 | $— | $— | $19,815,309,061 |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - unaffiliated (cost $12,233,691,926) including securities on loan of $7,833,498 | $19,814,666,275 | |
Deposit with broker for futures contracts | 2,613,600 | |
Receivables: | ||
Fund shares sold | 38,379,120 | |
Investments sold | 15,178,170 | |
Dividends | 9,259,591 | |
Variation margin on future contracts | 16,170 | |
Income from securities on loan | + | 6,906 |
Total assets | 19,880,119,832 | |
Liabilities | ||
Collateral held for securities on loan | 7,993,825 | |
Payables: | ||
Investments bought | 37,969,113 | |
Fund shares redeemed | 15,342,152 | |
Management fees | + | 654,811 |
Total liabilities | 61,959,901 | |
Net assets | $19,818,159,931 | |
Net Assets by Source | ||
Capital received from investors | $13,024,589,724 | |
Total distributable earnings | + | 6,793,570,207 |
Net assets | $19,818,159,931 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$19,818,159,931 | 257,950,000 | $76.83 | ||
For the period September 1, 2022 through August 31, 2023 | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $30,448) | $92,609,695 | |
Securities on loan, net | + | 194,469 |
Total investment income | 92,804,164 | |
Expenses | ||
Management fees | 6,372,105 | |
Proxy fees1 | + | 107,298 |
Total expenses | – | 6,479,403 |
Net investment income | 86,324,761 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated | (411,994,942 ) | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 461,778,459 | |
Net realized gains on futures contracts | + | 1,024,998 |
Net realized gains | 50,808,515 | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 3,738,328,411 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 1,460,794 |
Net change in unrealized appreciation (depreciation) | + | 3,739,789,205 |
Net realized and unrealized gains | 3,790,597,720 | |
Increase in net assets resulting from operations | $3,876,922,481 |
1 | Proxy fees are non-routine expenses (see financial note 2(e) for additional information). |
OPERATIONS | |||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||
Net investment income | $86,324,761 | $64,704,339 | |
Net realized gains | 50,808,515 | 495,842,465 | |
Net change in unrealized appreciation (depreciation) | + | 3,739,789,205 | (4,088,195,586 ) |
Increase (decrease) in net assets resulting from operations | $3,876,922,481 | ($3,527,648,782 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($83,274,425 ) | ($75,895,760 ) |
TRANSACTIONS IN FUND SHARES1 | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 37,550,000 | $2,378,593,012 | 39,450,000 | $2,822,393,022 | |
Shares redeemed | + | (13,000,000 ) | (846,955,037 ) | (17,450,000 ) | (1,289,334,614 ) |
Net transactions in fund shares | 24,550,000 | $1,531,637,975 | 22,000,000 | $1,533,058,408 | |
SHARES OUTSTANDING AND NET ASSETS1 | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 233,400,000 | $14,492,873,900 | 211,400,000 | $16,563,360,034 | |
Total increase (decrease) | + | 24,550,000 | 5,325,286,031 | 22,000,000 | (2,070,486,134 ) |
End of period | 257,950,000 | $19,818,159,931 | 233,400,000 | $14,492,873,900 |
1 | For the period ended August 31, 2022, transactions in fund shares have been retroactively adjusted to reflect a 2-for-1 share split effective after market close on March 10, 2022. The retroactive adjustment of the share split does not change the transaction in fund share values (see financial note 12 for additional information). |
9/1/22– 8/31/23 | 9/1/21– 8/31/22 | 9/1/20– 8/31/21 | 9/1/19– 8/31/20 | 9/1/18– 8/31/19 | ||
Per-Share Data | ||||||
Net asset value at beginning of period | $64.47 | $70.68 | $53.91 | $55.14 | $56.37 | |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 1.69 | 1.51 | 1.39 | 1.93 | 1.84 | |
Net realized and unrealized gains (losses) | 3.11 | (6.24 ) | 17.05 | (1.36 ) | (1.48 ) | |
Total from investment operations | 4.80 | (4.73 ) | 18.44 | 0.57 | 0.36 | |
Less distributions: | ||||||
Distributions from net investment income | (1.66 ) | (1.48 ) | (1.67 ) | (1.80 ) | (1.59 ) | |
Net asset value at end of period | $67.61 | $64.47 | $70.68 | $53.91 | $55.14 | |
Total return | 7.60 % | (6.78 %) | 34.95 % | 1.21 % | 0.70 % | |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.04 %2 | 0.04 %2 | 0.04 % | 0.04 % | 0.04 % | |
Net investment income (loss) | 2.57 % | 2.19 % | 2.22 % | 3.59 % | 3.38 % | |
Portfolio turnover rate3 | 7 % | 8 % | 23 % | 19 % | 7 % | |
Net assets, end of period (x 1,000,000) | $9,824 | $9,497 | $9,927 | $6,847 | $5,977 |
1 | Calculated based on the average shares outstanding during the period. |
2 | Ratio includes less than 0.005% of non-routine proxy expenses. |
3 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.7% OF NET ASSETS | ||
Automobiles & Components 0.9% | ||
Aptiv plc * | 133,580 | 13,551,691 |
Autoliv, Inc. | 37,977 | 3,706,555 |
BorgWarner, Inc. | 116,299 | 4,739,184 |
Ford Motor Co. | 1,937,865 | 23,506,303 |
General Motors Co. | 685,392 | 22,967,486 |
Gentex Corp. | 114,947 | 3,754,169 |
Harley-Davidson, Inc. | 64,717 | 2,184,199 |
Lear Corp. | 29,060 | 4,187,255 |
Lucid Group, Inc. *(a) | 402,801 | 2,529,590 |
Phinia, Inc. * | 23,049 | 640,762 |
Rivian Automotive, Inc., Class A * | 276,439 | 6,283,459 |
88,050,653 | ||
Banks 5.8% | ||
Bank of America Corp. | 3,419,486 | 98,036,664 |
BOK Financial Corp. | 14,039 | 1,166,781 |
Citigroup, Inc. | 960,625 | 39,664,206 |
Citizens Financial Group, Inc. | 237,996 | 6,694,827 |
Comerica, Inc. | 65,096 | 3,131,769 |
Commerce Bancshares, Inc. | 55,783 | 2,738,387 |
Cullen/Frost Bankers, Inc. | 31,726 | 2,999,059 |
East West Bancorp, Inc. | 69,899 | 3,868,211 |
Fifth Third Bancorp | 336,604 | 8,936,836 |
First Horizon Corp. | 264,365 | 3,317,781 |
Huntington Bancshares, Inc. | 714,311 | 7,921,709 |
JPMorgan Chase & Co. | 1,441,378 | 210,916,843 |
KeyCorp | 459,682 | 5,208,197 |
M&T Bank Corp. | 81,907 | 10,242,470 |
Regions Financial Corp. | 463,868 | 8,507,339 |
The PNC Financial Services Group, Inc. | 196,829 | 23,763,165 |
Truist Financial Corp. | 657,385 | 20,083,112 |
U.S. Bancorp | 688,052 | 25,134,539 |
Webster Financial Corp. | 86,053 | 3,649,508 |
Wells Fargo & Co. | 1,850,385 | 76,402,397 |
Western Alliance Bancorp | 54,175 | 2,709,292 |
Zions Bancorp NA | 72,689 | 2,580,459 |
567,673,551 | ||
Capital Goods 9.6% | ||
3M Co. | 272,005 | 29,014,773 |
A.O. Smith Corp. | 61,137 | 4,432,433 |
Acuity Brands, Inc. | 15,587 | 2,513,871 |
Advanced Drainage Systems, Inc. | 30,885 | 3,958,222 |
AECOM | 68,333 | 5,996,221 |
AGCO Corp. | 30,515 | 3,952,608 |
Allegion plc | 43,250 | 4,922,283 |
AMETEK, Inc. | 113,795 | 18,151,440 |
Carrier Global Corp. | 411,993 | 23,668,998 |
Caterpillar, Inc. | 254,130 | 71,443,567 |
Cummins, Inc. | 69,726 | 16,039,769 |
Donaldson Co., Inc. | 59,946 | 3,828,751 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Dover Corp. | 69,093 | 10,246,492 |
Eaton Corp. plc | 196,535 | 45,275,768 |
Emerson Electric Co. | 281,852 | 27,691,959 |
Fastenal Co. | 281,262 | 16,195,066 |
Ferguson plc | 101,137 | 16,339,694 |
Fortive Corp. | 174,479 | 13,757,669 |
Fortune Brands Innovations, Inc. | 62,570 | 4,318,581 |
General Dynamics Corp. | 110,968 | 25,149,788 |
Graco, Inc. | 82,710 | 6,529,127 |
HEICO Corp. | 47,352 | 7,988,756 |
Honeywell International, Inc. | 328,368 | 61,713,482 |
Howmet Aerospace, Inc. | 181,830 | 8,995,130 |
Hubbell, Inc. | 26,508 | 8,642,933 |
IDEX Corp. | 37,383 | 8,463,511 |
Illinois Tool Works, Inc. | 136,474 | 33,756,844 |
Ingersoll Rand, Inc. | 199,652 | 13,897,776 |
Johnson Controls International plc | 338,512 | 19,992,519 |
Lennox International, Inc. | 15,998 | 6,028,206 |
Lincoln Electric Holdings, Inc. | 28,303 | 5,447,195 |
Lockheed Martin Corp. | 111,131 | 49,825,584 |
Masco Corp. | 110,734 | 6,534,413 |
Masterbrand, Inc. * | 63,122 | 808,593 |
Northrop Grumman Corp. | 70,442 | 30,507,726 |
Otis Worldwide Corp. | 204,115 | 17,462,038 |
Owens Corning | 44,626 | 6,422,128 |
PACCAR, Inc. | 257,878 | 21,220,781 |
Parker-Hannifin Corp. | 63,288 | 26,384,767 |
Pentair plc | 81,439 | 5,721,904 |
Quanta Services, Inc. | 71,645 | 15,036,136 |
Regal Rexnord Corp. | 32,644 | 5,294,530 |
Rockwell Automation, Inc. | 56,626 | 17,671,842 |
RTX Corp. | 720,626 | 62,002,661 |
Sensata Technologies Holding plc | 75,338 | 2,834,216 |
Snap-on, Inc. | 26,183 | 7,032,754 |
Stanley Black & Decker, Inc. | 75,324 | 7,109,079 |
Textron, Inc. | 99,799 | 7,755,380 |
The Boeing Co. * | 278,844 | 62,469,421 |
The Middleby Corp. * | 26,324 | 3,832,511 |
The Toro Co. | 51,275 | 5,246,458 |
Trane Technologies plc | 112,542 | 23,100,371 |
Watsco, Inc. | 16,559 | 6,036,583 |
Westinghouse Air Brake Technologies Corp. | 88,850 | 9,997,402 |
Woodward, Inc. | 29,526 | 3,819,779 |
Xylem, Inc. | 118,096 | 12,227,660 |
944,708,149 | ||
Commercial & Professional Services 2.0% | ||
Automatic Data Processing, Inc. | 203,707 | 51,865,839 |
Booz Allen Hamilton Holding Corp., Class A | 65,459 | 7,417,159 |
Broadridge Financial Solutions, Inc. | 58,285 | 10,853,250 |
Clarivate plc * | 213,877 | 1,589,106 |
Dun & Bradstreet Holdings, Inc. | 108,615 | 1,183,903 |
Equifax, Inc. | 60,421 | 12,489,021 |
Genpact Ltd. | 83,628 | 3,121,833 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Jacobs Solutions, Inc. | 62,747 | 8,459,551 |
Leidos Holdings, Inc. | 67,403 | 6,572,466 |
Paychex, Inc. | 158,395 | 19,360,621 |
RB Global, Inc. | 90,055 | 5,558,195 |
Republic Services, Inc. | 101,251 | 14,593,307 |
Robert Half International, Inc. | 52,971 | 3,917,735 |
Rollins, Inc. | 113,823 | 4,503,976 |
SS&C Technologies Holdings, Inc. | 106,537 | 6,117,355 |
TransUnion | 95,343 | 7,743,758 |
Waste Management, Inc. | 182,691 | 28,642,295 |
193,989,370 | ||
Consumer Discretionary Distribution & Retail 3.9% | ||
Advance Auto Parts, Inc. | 29,229 | 2,011,540 |
Bath & Body Works, Inc. | 112,364 | 4,142,861 |
Best Buy Co., Inc. | 96,283 | 7,360,835 |
Burlington Stores, Inc. * | 31,929 | 5,180,800 |
CarMax, Inc. * | 77,796 | 6,354,377 |
eBay, Inc. | 264,034 | 11,823,443 |
GameStop Corp., Class A *(a) | 124,933 | 2,317,507 |
Genuine Parts Co. | 69,420 | 10,671,937 |
LKQ Corp. | 125,468 | 6,590,834 |
Lowe’s Cos., Inc. | 294,061 | 67,775,179 |
Penske Automotive Group, Inc. | 11,927 | 1,959,606 |
Ross Stores, Inc. | 168,866 | 20,569,567 |
The Home Depot, Inc. | 499,490 | 164,981,547 |
The TJX Cos., Inc. | 568,289 | 52,555,367 |
Tractor Supply Co. | 53,999 | 11,798,781 |
Williams-Sonoma, Inc. | 32,438 | 4,580,246 |
380,674,427 | ||
Consumer Durables & Apparel 1.3% | ||
Garmin Ltd. | 75,680 | 8,023,594 |
Hasbro, Inc. | 64,187 | 4,621,464 |
Leggett & Platt, Inc. | 65,414 | 1,844,675 |
Lennar Corp., Class A | 131,405 | 15,649,021 |
Mohawk Industries, Inc. * | 26,078 | 2,644,048 |
Newell Brands, Inc. | 187,153 | 1,980,079 |
NIKE, Inc., Class B | 607,980 | 61,837,646 |
Polaris, Inc. | 26,460 | 2,965,901 |
PulteGroup, Inc. | 109,789 | 9,009,285 |
Tapestry, Inc. | 113,870 | 3,794,148 |
Toll Brothers, Inc. | 50,658 | 4,150,410 |
VF Corp. | 162,952 | 3,219,932 |
Whirlpool Corp. | 27,055 | 3,786,618 |
123,526,821 | ||
Consumer Services 2.7% | ||
ADT, Inc. | 104,730 | 672,367 |
Aramark | 128,543 | 4,779,229 |
Carnival Corp. * | 495,636 | 7,840,962 |
Darden Restaurants, Inc. | 59,750 | 9,291,723 |
Las Vegas Sands Corp. | 162,170 | 8,896,646 |
Marriott International, Inc., Class A | 127,197 | 25,885,861 |
McDonald’s Corp. | 360,103 | 101,242,958 |
MGM Resorts International | 148,498 | 6,530,942 |
Norwegian Cruise Line Holdings Ltd. * | 210,271 | 3,484,190 |
Royal Caribbean Cruises Ltd. * | 108,605 | 10,745,379 |
Service Corp. International | 74,281 | 4,687,874 |
Starbucks Corp. | 565,216 | 55,074,647 |
Vail Resorts, Inc. | 19,895 | 4,502,636 |
Wyndham Hotels & Resorts, Inc. | 42,439 | 3,199,476 |
Wynn Resorts Ltd. | 50,876 | 5,157,809 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Yum! Brands, Inc. | 138,279 | 17,890,537 |
269,883,236 | ||
Consumer Staples Distribution & Retail 2.1% | ||
Albertsons Cos., Inc., Class A | 99,078 | 2,219,347 |
BJ's Wholesale Club Holdings, Inc. * | 66,365 | 4,472,337 |
Dollar Tree, Inc. * | 102,441 | 12,534,681 |
Sysco Corp. | 249,805 | 17,398,918 |
Target Corp. | 227,765 | 28,823,661 |
The Kroger Co. | 321,722 | 14,924,684 |
US Foods Holding Corp. * | 111,891 | 4,523,753 |
Walgreens Boots Alliance, Inc. | 353,772 | 8,953,969 |
Walmart, Inc. | 691,819 | 112,496,688 |
206,348,038 | ||
Energy 7.3% | ||
Antero Resources Corp. * | 136,003 | 3,763,203 |
APA Corp. | 152,723 | 6,695,376 |
Chesapeake Energy Corp. | 52,640 | 4,643,375 |
Chevron Corp. | 877,953 | 141,438,228 |
ConocoPhillips | 596,691 | 71,024,130 |
Coterra Energy, Inc. | 374,144 | 10,547,119 |
Devon Energy Corp. | 316,502 | 16,170,087 |
Exxon Mobil Corp. | 1,994,141 | 221,728,538 |
HF Sinclair Corp. | 63,625 | 3,505,101 |
Kinder Morgan, Inc. | 973,917 | 16,770,851 |
Marathon Oil Corp. | 303,808 | 8,005,341 |
Marathon Petroleum Corp. | 209,235 | 29,872,481 |
Occidental Petroleum Corp. | 354,561 | 22,262,885 |
ONEOK, Inc. | 220,739 | 14,392,183 |
Ovintiv, Inc. | 120,218 | 5,645,437 |
Phillips 66 | 226,363 | 25,841,600 |
Pioneer Natural Resources Co. | 115,292 | 27,431,426 |
Schlumberger N.V. | 702,769 | 41,435,260 |
The Williams Cos., Inc. | 601,180 | 20,758,746 |
Valero Energy Corp. | 178,391 | 23,172,991 |
Vitesse Energy, Inc. | 11,789 | 273,976 |
715,378,334 | ||
Equity Real Estate Investment Trusts (REITs) 4.0% | ||
Alexandria Real Estate Equities, Inc. | 77,815 | 9,052,997 |
American Homes 4 Rent, Class A | 155,666 | 5,610,203 |
Americold Realty Trust, Inc. | 132,738 | 4,466,634 |
Apartment Income REIT Corp. | 73,207 | 2,493,430 |
AvalonBay Communities, Inc. | 69,982 | 12,864,091 |
Boston Properties, Inc. | 70,146 | 4,683,648 |
Camden Property Trust | 52,507 | 5,650,803 |
Crown Castle, Inc. | 214,046 | 21,511,623 |
CubeSmart | 110,416 | 4,605,451 |
Digital Realty Trust, Inc. | 143,684 | 18,926,057 |
Equity LifeStyle Properties, Inc. | 86,072 | 5,763,381 |
Equity Residential | 168,426 | 10,919,058 |
Essex Property Trust, Inc. | 31,564 | 7,524,542 |
Extra Space Storage, Inc. | 104,271 | 13,417,592 |
Federal Realty Investment Trust | 36,005 | 3,526,330 |
Gaming & Leisure Properties, Inc. | 129,670 | 6,146,358 |
Healthcare Realty Trust, Inc. | 187,724 | 3,288,925 |
Healthpeak Properties, Inc. | 269,114 | 5,538,366 |
Host Hotels & Resorts, Inc. | 350,803 | 5,539,179 |
Invitation Homes, Inc. | 287,282 | 9,793,443 |
Iron Mountain, Inc. | 144,225 | 9,164,057 |
Kilroy Realty Corp. | 51,431 | 1,900,375 |
Kimco Realty Corp. | 304,880 | 5,774,427 |
Lamar Advertising Co., Class A | 42,942 | 3,917,169 |
Medical Properties Trust, Inc. | 293,305 | 2,117,662 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Mid-America Apartment Communities, Inc. | 57,673 | 8,375,850 |
NNN REIT, Inc. | 89,411 | 3,521,899 |
Omega Healthcare Investors, Inc. | 115,680 | 3,680,938 |
Prologis, Inc. | 455,316 | 56,550,247 |
Public Storage | 78,070 | 21,576,987 |
Realty Income Corp. | 332,392 | 18,627,248 |
Regency Centers Corp. | 81,030 | 5,040,066 |
Simon Property Group, Inc. | 161,453 | 18,323,301 |
Sun Communities, Inc. | 61,543 | 7,534,094 |
UDR, Inc. | 152,207 | 6,073,059 |
Ventas, Inc. | 197,676 | 8,634,488 |
VICI Properties, Inc. | 494,715 | 15,257,011 |
Vornado Realty Trust | 78,716 | 1,890,758 |
Welltower, Inc. | 245,352 | 20,334,774 |
Weyerhaeuser Co. | 361,500 | 11,839,125 |
WP Carey, Inc. | 105,630 | 6,871,232 |
398,326,878 | ||
Financial Services 8.8% | ||
AGNC Investment Corp. | 294,258 | 2,916,097 |
Ally Financial, Inc. | 147,837 | 4,093,606 |
American Express Co. | 293,192 | 46,321,404 |
Ameriprise Financial, Inc. | 51,471 | 17,375,580 |
Annaly Capital Management, Inc. | 242,616 | 4,917,826 |
Apollo Global Management, Inc. | 213,029 | 18,605,953 |
Ares Management Corp., Class A | 79,040 | 8,175,898 |
Berkshire Hathaway, Inc., Class B * | 879,583 | 316,825,797 |
Blackstone, Inc. | 348,140 | 37,031,652 |
Capital One Financial Corp. | 188,455 | 19,295,907 |
Cboe Global Markets, Inc. | 52,100 | 7,799,891 |
CME Group, Inc. | 177,545 | 35,984,821 |
Discover Financial Services | 125,293 | 11,285,140 |
Equitable Holdings, Inc. | 163,643 | 4,712,918 |
Fidelity National Information Services, Inc. | 292,159 | 16,320,002 |
Franklin Resources, Inc. | 141,047 | 3,771,597 |
Global Payments, Inc. | 129,266 | 16,376,709 |
Intercontinental Exchange, Inc. | 276,268 | 32,596,861 |
Invesco Ltd. | 226,389 | 3,604,113 |
Jack Henry & Associates, Inc. | 35,818 | 5,615,546 |
Jefferies Financial Group, Inc. | 92,269 | 3,293,081 |
Morgan Stanley | 642,860 | 54,739,529 |
Morningstar, Inc. | 12,415 | 2,888,598 |
Nasdaq, Inc. | 167,508 | 8,790,820 |
Northern Trust Corp. | 102,495 | 7,796,795 |
Raymond James Financial, Inc. | 94,266 | 9,859,281 |
SEI Investments Co. | 49,775 | 3,089,036 |
SoFi Technologies, Inc. * | 409,078 | 3,542,615 |
Starwood Property Trust, Inc. | 154,202 | 3,150,347 |
State Street Corp. | 165,114 | 11,349,936 |
Synchrony Financial | 210,821 | 6,805,302 |
T. Rowe Price Group, Inc. | 110,881 | 12,444,175 |
The Bank of New York Mellon Corp. | 354,302 | 15,897,531 |
The Carlyle Group, Inc. | 107,073 | 3,463,811 |
The Charles Schwab Corp. (b) | 730,302 | 43,197,363 |
The Goldman Sachs Group, Inc. | 163,915 | 53,716,585 |
The Western Union Co. | 184,231 | 2,275,253 |
Voya Financial, Inc. | 48,542 | 3,382,407 |
863,309,783 | ||
Food, Beverage & Tobacco 5.9% | ||
Altria Group, Inc. | 880,548 | 38,937,833 |
Archer-Daniels-Midland Co. | 268,780 | 21,314,254 |
Brown-Forman Corp., Class B | 118,167 | 7,814,384 |
Bunge Ltd. | 74,058 | 8,466,311 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Campbell Soup Co. | 99,010 | 4,128,717 |
Conagra Brands, Inc. | 235,349 | 7,032,228 |
Constellation Brands, Inc., Class A | 79,585 | 20,736,668 |
Darling Ingredients, Inc. * | 78,370 | 4,840,131 |
General Mills, Inc. | 289,805 | 19,608,206 |
Hormel Foods Corp. | 142,379 | 5,494,406 |
Kellogg Co. | 126,854 | 7,740,631 |
Keurig Dr Pepper, Inc. | 415,602 | 13,985,007 |
Lamb Weston Holdings, Inc. | 72,096 | 7,022,871 |
McCormick & Co., Inc. Non Voting Shares | 123,924 | 10,171,682 |
Molson Coors Beverage Co., Class B | 92,593 | 5,878,730 |
Mondelez International, Inc., Class A | 671,455 | 47,847,883 |
PepsiCo, Inc. | 679,531 | 120,902,155 |
Philip Morris International, Inc. | 765,424 | 73,526,629 |
The Coca-Cola Co. | 1,919,726 | 114,857,207 |
The Hershey Co. | 72,726 | 15,625,908 |
The J.M. Smucker Co. | 52,420 | 7,598,279 |
The Kraft Heinz Co. | 393,609 | 13,024,522 |
Tyson Foods, Inc., Class A | 140,935 | 7,507,607 |
584,062,249 | ||
Health Care Equipment & Services 4.5% | ||
Abbott Laboratories | 857,627 | 88,249,818 |
Baxter International, Inc. | 249,826 | 10,142,936 |
Becton Dickinson & Co. | 140,150 | 39,164,918 |
Boston Scientific Corp. * | 709,442 | 38,267,301 |
Cardinal Health, Inc. | 125,498 | 10,959,740 |
Cencora, Inc. | 80,059 | 14,088,783 |
CVS Health Corp. | 632,082 | 41,192,784 |
DaVita, Inc. * | 27,174 | 2,783,161 |
Dentsply Sirona, Inc. | 104,288 | 3,868,042 |
Encompass Health Corp. | 49,293 | 3,501,775 |
HCA Healthcare, Inc. | 101,875 | 28,249,938 |
Henry Schein, Inc. * | 64,364 | 4,926,421 |
Hologic, Inc. * | 121,632 | 9,090,776 |
Laboratory Corp. of America Holdings | 43,786 | 9,111,867 |
Medtronic plc | 655,955 | 53,460,332 |
Quest Diagnostics, Inc. | 55,444 | 7,290,886 |
STERIS plc | 49,033 | 11,257,486 |
Stryker Corp. | 166,608 | 47,241,698 |
Universal Health Services, Inc., Class B | 30,892 | 4,161,152 |
Zimmer Biomet Holdings, Inc. | 102,748 | 12,239,342 |
439,249,156 | ||
Household & Personal Products 2.8% | ||
Church & Dwight Co., Inc. | 120,600 | 11,670,462 |
Colgate-Palmolive Co. | 409,367 | 30,076,193 |
Kenvue, Inc. | 850,471 | 19,603,362 |
Kimberly-Clark Corp. | 166,432 | 21,441,435 |
Reynolds Consumer Products, Inc. | 27,038 | 737,867 |
The Clorox Co. | 60,790 | 9,510,595 |
The Procter & Gamble Co. | 1,162,534 | 179,425,498 |
272,465,412 | ||
Insurance 4.2% | ||
Aflac, Inc. | 271,427 | 20,240,311 |
American Financial Group, Inc. | 34,410 | 3,988,807 |
American International Group, Inc. | 357,237 | 20,905,509 |
Aon plc, Class A | 100,791 | 33,602,712 |
Arch Capital Group Ltd. * | 183,775 | 14,124,947 |
Arthur J. Gallagher & Co. | 105,695 | 24,360,584 |
Assurant, Inc. | 26,101 | 3,636,652 |
Brown & Brown, Inc. | 115,782 | 8,579,446 |
Chubb Ltd. | 204,300 | 41,037,741 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Cincinnati Financial Corp. | 77,310 | 8,178,625 |
CNA Financial Corp. | 13,469 | 529,736 |
Erie Indemnity Co., Class A | 12,344 | 3,440,643 |
Everest Group Ltd. | 21,160 | 7,631,989 |
F&G Annuities & Life, Inc. | 9,183 | 259,971 |
Fidelity National Financial, Inc. | 134,320 | 5,560,848 |
Globe Life, Inc. | 43,657 | 4,870,812 |
Lincoln National Corp. | 75,796 | 1,944,925 |
Loews Corp. | 92,990 | 5,773,749 |
Marsh & McLennan Cos., Inc. | 243,928 | 47,563,521 |
MetLife, Inc. | 317,160 | 20,088,914 |
Old Republic International Corp. | 134,557 | 3,680,134 |
Principal Financial Group, Inc. | 111,662 | 8,677,254 |
Prudential Financial, Inc. | 180,041 | 17,044,482 |
Reinsurance Group of America, Inc. | 32,833 | 4,551,310 |
The Allstate Corp. | 129,708 | 13,983,820 |
The Hartford Financial Services Group, Inc. | 153,238 | 11,005,553 |
The Progressive Corp. | 288,854 | 38,553,343 |
The Travelers Cos., Inc. | 114,054 | 18,388,926 |
W.R. Berkley Corp. | 98,797 | 6,111,582 |
Willis Towers Watson plc | 52,560 | 10,867,306 |
409,184,152 | ||
Materials 3.3% | ||
Air Products and Chemicals, Inc. | 109,522 | 32,362,656 |
Alcoa Corp. | 88,191 | 2,652,785 |
Amcor plc | 726,116 | 7,072,370 |
AptarGroup, Inc. | 32,195 | 4,267,769 |
Avery Dennison Corp. | 39,843 | 7,505,625 |
Axalta Coating Systems Ltd. * | 108,803 | 3,079,125 |
Ball Corp. | 155,522 | 8,468,173 |
Berry Global Group, Inc. | 58,895 | 3,848,199 |
Celanese Corp. | 49,223 | 6,219,818 |
CF Industries Holdings, Inc. | 96,124 | 7,408,277 |
Crown Holdings, Inc. | 59,169 | 5,482,600 |
Dow, Inc. | 349,244 | 19,054,753 |
DuPont de Nemours, Inc. | 226,119 | 17,386,290 |
Eastman Chemical Co. | 58,577 | 4,979,631 |
Ecolab, Inc. | 122,213 | 22,463,972 |
FMC Corp. | 61,471 | 5,300,644 |
Freeport-McMoRan, Inc. | 706,708 | 28,204,716 |
International Flavors & Fragrances, Inc. | 126,038 | 8,879,377 |
International Paper Co. | 170,742 | 5,962,311 |
LyondellBasell Industries N.V., Class A | 125,282 | 12,374,103 |
Newmont Corp. | 391,950 | 15,450,669 |
Nucor Corp. | 123,991 | 21,338,851 |
Packaging Corp. of America | 44,222 | 6,593,500 |
PPG Industries, Inc. | 116,300 | 16,486,688 |
Reliance Steel & Aluminum Co. | 29,078 | 8,286,067 |
Royal Gold, Inc. | 32,324 | 3,623,197 |
RPM International, Inc. | 63,838 | 6,367,202 |
Sealed Air Corp. | 71,179 | 2,637,894 |
Sonoco Products Co. | 48,158 | 2,766,677 |
Steel Dynamics, Inc. | 78,953 | 8,415,600 |
The Mosaic Co. | 163,378 | 6,347,235 |
Vulcan Materials Co. | 65,649 | 14,327,894 |
Westrock Co. | 126,648 | 4,142,656 |
329,757,324 | ||
Media & Entertainment 2.9% | ||
Activision Blizzard, Inc. | 352,724 | 32,447,081 |
AMC Entertainment Holdings, Inc., Class A *(a) | 28,618 | 359,147 |
Comcast Corp., Class A | 2,051,399 | 95,923,417 |
DISH Network Corp., Class A * | 123,029 | 738,174 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Electronic Arts, Inc. | 128,320 | 15,395,833 |
Fox Corp., Class A | 195,389 | 6,459,560 |
IAC, Inc. * | 37,720 | 2,087,048 |
Liberty Media Corp.-Liberty Formula One, Class C * | 113,484 | 7,806,564 |
Liberty Media Corp.-Liberty Live, Class C * | 32,935 | 1,108,263 |
Liberty Media Corp.-Liberty SiriusXM, Class C * | 111,708 | 2,730,143 |
Match Group, Inc. * | 136,916 | 6,417,253 |
News Corp., Class A | 246,366 | 5,294,405 |
Omnicom Group, Inc. | 98,725 | 7,997,712 |
Paramount Global, Class B | 254,086 | 3,834,158 |
Sirius XM Holdings, Inc. (a) | 342,624 | 1,507,546 |
The Interpublic Group of Cos., Inc. | 190,398 | 6,208,879 |
The Walt Disney Co. * | 901,123 | 75,405,973 |
Warner Bros Discovery, Inc. * | 1,094,156 | 14,377,210 |
286,098,366 | ||
Pharmaceuticals, Biotechnology & Life Sciences 8.1% | ||
AbbVie, Inc. | 870,210 | 127,886,062 |
Agilent Technologies, Inc. | 145,829 | 17,655,517 |
Amgen, Inc. | 263,483 | 67,541,232 |
Biogen, Inc. * | 71,452 | 19,103,407 |
Bristol-Myers Squibb Co. | 1,035,884 | 63,862,249 |
Bruker Corp. | 49,296 | 3,233,818 |
Elanco Animal Health, Inc. * | 228,810 | 2,791,482 |
Fortrea Holdings, Inc. * | 43,535 | 1,199,389 |
Gilead Sciences, Inc. | 615,002 | 47,035,353 |
Johnson & Johnson | 1,188,315 | 192,126,769 |
Merck & Co., Inc. | 1,251,553 | 136,394,246 |
Organon & Co. | 125,550 | 2,757,078 |
Pfizer, Inc. | 2,784,367 | 98,510,904 |
Royalty Pharma plc, Class A | 185,104 | 5,519,801 |
Viatris, Inc. | 593,822 | 6,383,586 |
792,000,893 | ||
Real Estate Management & Development 0.2% | ||
CBRE Group, Inc., Class A * | 153,404 | 13,047,010 |
Jones Lang LaSalle, Inc. * | 23,591 | 4,076,525 |
17,123,535 | ||
Semiconductors & Semiconductor Equipment 4.7% | ||
Analog Devices, Inc. | 249,413 | 45,338,295 |
Applied Materials, Inc. | 416,701 | 63,655,245 |
Entegris, Inc. | 73,868 | 7,480,612 |
First Solar, Inc. * | 49,097 | 9,285,225 |
Intel Corp. | 2,056,769 | 72,274,863 |
Marvell Technology, Inc. | 423,720 | 24,681,690 |
Microchip Technology, Inc. | 270,243 | 22,116,687 |
Micron Technology, Inc. | 540,096 | 37,774,314 |
NXP Semiconductors N.V. | 128,085 | 26,349,646 |
QUALCOMM, Inc. | 549,269 | 62,907,779 |
Skyworks Solutions, Inc. | 78,695 | 8,557,294 |
Teradyne, Inc. | 76,707 | 8,274,384 |
Texas Instruments, Inc. | 447,598 | 75,223,320 |
Wolfspeed, Inc. * | 61,508 | 2,941,313 |
466,860,667 | ||
Software & Services 2.4% | ||
Akamai Technologies, Inc. * | 75,111 | 7,893,415 |
Aspen Technology, Inc. * | 14,432 | 2,799,808 |
Bentley Systems, Inc., Class B | 98,261 | 4,904,207 |
Black Knight, Inc. * | 77,425 | 5,865,718 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Cognizant Technology Solutions Corp., Class A | 250,653 | 17,949,261 |
DXC Technology Co. * | 112,263 | 2,328,335 |
Gen Digital, Inc. | 280,574 | 5,681,623 |
Guidewire Software, Inc. * | 40,109 | 3,466,621 |
International Business Machines Corp. | 447,739 | 65,741,517 |
Manhattan Associates, Inc. * | 30,614 | 6,203,009 |
Oracle Corp. | 758,957 | 91,370,833 |
Palantir Technologies, Inc., Class A * | 884,058 | 13,243,189 |
VeriSign, Inc. * | 44,757 | 9,300,057 |
236,747,593 | ||
Technology Hardware & Equipment 3.1% | ||
Amphenol Corp., Class A | 293,650 | 25,952,787 |
Arrow Electronics, Inc. * | 27,895 | 3,722,030 |
CDW Corp. | 66,545 | 14,050,977 |
Cisco Systems, Inc. | 2,020,195 | 115,858,183 |
Cognex Corp. | 84,854 | 3,994,926 |
Corning, Inc. | 377,609 | 12,393,127 |
F5, Inc. * | 29,988 | 4,907,836 |
Hewlett Packard Enterprise Co. | 640,043 | 10,874,331 |
HP, Inc. | 427,192 | 12,691,874 |
Jabil, Inc. | 65,252 | 7,466,134 |
Juniper Networks, Inc. | 158,563 | 4,617,355 |
Keysight Technologies, Inc. * | 87,895 | 11,716,403 |
Motorola Solutions, Inc. | 82,718 | 23,456,343 |
NetApp, Inc. | 105,806 | 8,115,320 |
Seagate Technology Holdings plc | 94,703 | 6,704,025 |
TD SYNNEX Corp. | 20,605 | 2,096,559 |
TE Connectivity Ltd. | 155,525 | 20,589,955 |
Trimble, Inc. * | 122,402 | 6,706,406 |
Western Digital Corp. * | 157,333 | 7,079,985 |
302,994,556 | ||
Telecommunication Services 1.3% | ||
AT&T, Inc. | 3,525,207 | 52,137,811 |
GCI Liberty, Inc. *(c) | 32 | 6 |
Liberty Global plc, Class C * | 199,707 | 3,962,187 |
Lumen Technologies, Inc. * | 453,362 | 720,846 |
Verizon Communications, Inc. | 2,073,010 | 72,513,890 |
129,334,740 | ||
Transportation 3.3% | ||
Alaska Air Group, Inc. * | 63,186 | 2,651,916 |
American Airlines Group, Inc. * | 321,229 | 4,731,703 |
Avis Budget Group, Inc. * | 11,785 | 2,514,801 |
C.H. Robinson Worldwide, Inc. | 57,216 | 5,174,043 |
CSX Corp. | 1,003,228 | 30,297,486 |
Delta Air Lines, Inc. | 317,109 | 13,597,634 |
Expeditors International of Washington, Inc. | 75,507 | 8,812,422 |
FedEx Corp. | 114,113 | 29,785,775 |
J.B. Hunt Transport Services, Inc. | 40,875 | 7,679,595 |
Norfolk Southern Corp. | 112,336 | 23,030,003 |
RXO, Inc. * | 57,722 | 1,043,614 |
Southwest Airlines Co. | 294,139 | 9,294,792 |
Uber Technologies, Inc. * | 997,842 | 47,128,078 |
Union Pacific Corp. | 300,861 | 66,360,911 |
United Airlines Holdings, Inc. * | 161,329 | 8,035,798 |
United Parcel Service, Inc., Class B | 357,367 | 60,537,970 |
XPO, Inc. * | 56,842 | 4,242,118 |
324,918,659 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Utilities 4.6% | ||
Alliant Energy Corp. | 123,637 | 6,202,868 |
Ameren Corp. | 129,691 | 10,280,606 |
American Electric Power Co., Inc. | 254,039 | 19,916,658 |
American Water Works Co., Inc. | 96,061 | 13,327,503 |
Atmos Energy Corp. | 71,422 | 8,281,381 |
Avangrid, Inc. | 34,550 | 1,191,975 |
CenterPoint Energy, Inc. | 311,976 | 8,701,011 |
CMS Energy Corp. | 143,923 | 8,087,033 |
Consolidated Edison, Inc. | 170,680 | 15,183,693 |
Dominion Energy, Inc. | 412,544 | 20,024,886 |
DTE Energy Co. | 101,774 | 10,521,396 |
Duke Energy Corp. | 380,282 | 33,769,042 |
Edison International | 189,018 | 13,013,889 |
Entergy Corp. | 104,447 | 9,948,577 |
Essential Utilities, Inc. | 118,064 | 4,356,562 |
Evergy, Inc. | 112,918 | 6,207,102 |
Eversource Energy | 172,216 | 10,990,825 |
Exelon Corp. | 490,905 | 19,695,109 |
FirstEnergy Corp. | 268,933 | 9,700,413 |
NextEra Energy, Inc. | 997,751 | 66,649,767 |
NiSource, Inc. | 202,951 | 5,430,969 |
NRG Energy, Inc. | 113,449 | 4,260,010 |
OGE Energy Corp. | 98,838 | 3,365,434 |
PG&E Corp. * | 796,567 | 12,984,042 |
Pinnacle West Capital Corp. | 55,660 | 4,300,848 |
PPL Corp. | 364,085 | 9,072,998 |
Public Service Enterprise Group, Inc. | 246,219 | 15,039,056 |
Sempra | 310,494 | 21,802,889 |
The AES Corp. | 329,238 | 5,903,237 |
The Southern Co. | 538,063 | 36,443,007 |
UGI Corp. | 103,157 | 2,597,493 |
Vistra Corp. | 174,003 | 5,467,174 |
WEC Energy Group, Inc. | 155,638 | 13,092,268 |
Xcel Energy, Inc. | 271,051 | 15,485,144 |
451,294,865 | ||
Total Common Stocks (Cost $8,232,635,064) | 9,793,961,407 |
SHORT-TERM INVESTMENTS 0.1% OF NET ASSETS | ||
Money Market Funds 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (d) | 4,109,335 | 4,109,335 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (d)(e) | 4,589,348 | 4,589,348 |
8,698,683 | ||
Total Short-Term Investments (Cost $8,698,683) | 8,698,683 | |
Total Investments in Securities (Cost $8,241,333,747) | 9,802,660,090 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION (DEPRECIATION) ($) | |
FUTURES CONTRACTS | |||
Long | |||
Russell 1000 Value Index, e-mini, expires 09/15/23 | 299 | 23,357,880 | (121,022 ) |
S&P 500 Index, e-mini, expires 09/15/23 | 27 | 6,096,600 | 166,129 |
45,107 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $4,424,844. |
(b) | Issuer is affiliated with the fund’s investment adviser. |
(c) | Fair valued using significant unobservable inputs (see financial note 2(a), Securities for which no quoted value is available, for additional information). |
(d) | The rate shown is the annualized 7-day yield. |
(e) | Security purchased with cash collateral received for securities on loan. |
REIT — | Real Estate Investment Trust |
SECURITY | VALUE AT 8/31/22 | PURCHASES | SALES | REALIZED GAINS (LOSSES) | NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) | VALUE AT 8/31/23 | BALANCE OF SHARES HELD AT 8/31/23 | DIVIDENDS RECEIVED |
COMMON STOCKS 0.4% OF NET ASSETS | ||||||||
Financial Services 0.4% | ||||||||
The Charles Schwab Corp. | $50,567,555 | $7,697,746 | ($5,685,789 ) | $345,140 | ($9,727,289 ) | $43,197,363 | 730,302 | $730,845 |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Common Stocks1 | $9,664,626,667 | $— | $— | $9,664,626,667 |
Telecommunication Services | 129,334,734 | — | 6 | 129,334,740 |
Short-Term Investments1 | 8,698,683 | — | — | 8,698,683 |
Futures Contracts2 | 166,129 | — | — | 166,129 |
Liabilities | ||||
Futures Contracts2 | (121,022 ) | — | — | (121,022 ) |
Total | $9,802,705,191 | $— | $6 | $9,802,705,197 |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - affiliated (cost $37,285,680) | $43,197,363 | |
Investments in securities, at value - unaffiliated (cost $8,204,048,067) including securities on loan of $4,424,844 | 9,759,462,727 | |
Deposit with broker for futures contracts | 1,512,400 | |
Receivables: | ||
Dividends | 25,105,409 | |
Investments sold | 14,116,688 | |
Fund shares sold | 3,392,452 | |
Income from securities on loan | 269,839 | |
Foreign tax reclaims | + | 2,440 |
Total assets | 9,847,059,318 | |
Liabilities | ||
Collateral held for securities on loan | 4,589,348 | |
Payables: | ||
Fund shares redeemed | 13,569,809 | |
Investments bought | 4,062,069 | |
Management fees | 335,092 | |
Variation margin on futures contracts | + | 108,313 |
Total liabilities | 22,664,631 | |
Net assets | $9,824,394,687 | |
Net Assets by Source | ||
Capital received from investors | $8,806,258,708 | |
Total distributable earnings | + | 1,018,135,979 |
Net assets | $9,824,394,687 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$9,824,394,687 | 145,300,000 | $67.61 | ||
For the period September 1, 2022 through August 31, 2023 | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $59,677) | $251,914,528 | |
Dividends received from securities - affiliated | 730,845 | |
Securities on loan, net | + | 1,599,818 |
Total investment income | 254,245,191 | |
Expenses | ||
Management fees | 3,895,864 | |
Proxy fees1 | + | 100,581 |
Total expenses | – | 3,996,445 |
Net investment income | 250,248,746 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - affiliated | (877,930 ) | |
Net realized losses on sales of securities - unaffiliated | (94,958,595 ) | |
Net realized gains on sales of in-kind redemptions - affiliated | 1,223,070 | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 404,538,168 | |
Net realized losses on futures contracts | + | (131,561 ) |
Net realized gains | 309,793,152 | |
Net change in unrealized appreciation (depreciation) on securities - affiliated | (9,727,289 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 153,304,573 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 875,758 |
Net change in unrealized appreciation (depreciation) | + | 144,453,042 |
Net realized and unrealized gains | 454,246,194 | |
Increase in net assets resulting from operations | $704,494,940 |
1 | Proxy fees are non-routine expenses (see financial note 2(e) for additional information). |
OPERATIONS | |||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||
Net investment income | $250,248,746 | $218,601,748 | |
Net realized gains | 309,793,152 | 218,299,902 | |
Net change in unrealized appreciation (depreciation) | + | 144,453,042 | (1,143,915,305 ) |
Increase (decrease) in net assets resulting from operations | $704,494,940 | ($707,013,655 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($245,578,070 ) | ($212,274,805 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 14,500,000 | $936,764,004 | 16,400,000 | $1,137,605,009 | |
Shares redeemed | + | (16,500,000 ) | (1,068,302,839 ) | (9,550,000 ) | (648,175,061 ) |
Net transactions in fund shares | (2,000,000 ) | ($131,538,835 ) | 6,850,000 | $489,429,948 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 147,300,000 | $9,497,016,652 | 140,450,000 | $9,926,875,164 | |
Total increase (decrease) | + | (2,000,000 ) | 327,378,035 | 6,850,000 | (429,858,512 ) |
End of period | 145,300,000 | $9,824,394,687 | 147,300,000 | $9,497,016,652 |
9/1/22– 8/31/23 | 9/1/21– 8/31/22 | 9/1/20– 8/31/21 | 9/1/19– 8/31/20 | 9/1/18– 8/31/19 | ||
Per-Share Data | ||||||
Net asset value at beginning of period | $67.29 | $80.01 | $57.45 | $55.72 | $58.44 | |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 1.16 | 1.05 | 0.93 | 0.87 | 0.84 | |
Net realized and unrealized gains (losses) | 4.43 | (12.66 ) | 22.43 | 1.76 | (2.76 ) | |
Total from investment operations | 5.59 | (11.61 ) | 23.36 | 2.63 | (1.92 ) | |
Less distributions: | ||||||
Distributions from net investment income | (1.16 ) | (1.11 ) | (0.80 ) | (0.90 ) | (0.80 ) | |
Net asset value at end of period | $71.72 | $67.29 | $80.01 | $57.45 | $55.72 | |
Total return | 8.45 % | (14.62 %) | 40.98 % | 4.90 % | (3.24 %) | |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.04 %2 | 0.04 %2 | 0.04 % | 0.04 % | 0.04 %3 | |
Net investment income (loss) | 1.71 % | 1.43 % | 1.31 % | 1.61 % | 1.52 % | |
Portfolio turnover rate4 | 18 % | 16 % | 23 % | 19 % | 19 % | |
Net assets, end of period (x 1,000,000) | $9,976 | $9,195 | $9,986 | $6,678 | $6,255 |
1 | Calculated based on the average shares outstanding during the period. |
2 | Ratio includes less than 0.005% of non-routine proxy expenses. |
3 | Effective March 11, 2019, the annual operating expense ratio was reduced. The ratio presented for the period ended August 31, 2019 is a blended ratio. |
4 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.9% OF NET ASSETS | ||
Automobiles & Components 1.2% | ||
Autoliv, Inc. | 204,142 | 19,924,259 |
BorgWarner, Inc. | 619,384 | 25,239,898 |
Gentex Corp. | 618,362 | 20,195,703 |
Harley-Davidson, Inc. | 346,461 | 11,693,059 |
Lear Corp. | 155,982 | 22,475,446 |
Phinia, Inc. * | 124,967 | 3,474,083 |
QuantumScape Corp. * | 869,034 | 6,204,903 |
Thor Industries, Inc. | 141,470 | 14,828,885 |
124,036,236 | ||
Banks 3.2% | ||
Bank OZK | 285,499 | 11,468,495 |
BOK Financial Corp. | 75,655 | 6,287,687 |
Comerica, Inc. | 347,862 | 16,735,641 |
Commerce Bancshares, Inc. | 300,227 | 14,738,143 |
Cullen/Frost Bankers, Inc. | 170,293 | 16,097,797 |
East West Bancorp, Inc. | 373,883 | 20,690,685 |
First Citizens BancShares, Inc., Class A | 31,438 | 42,768,255 |
First Financial Bankshares, Inc. | 343,332 | 9,860,495 |
First Horizon Corp. | 1,421,289 | 17,837,177 |
Glacier Bancorp, Inc. | 294,066 | 8,883,734 |
New York Community Bancorp, Inc. | 1,908,385 | 23,434,968 |
Pinnacle Financial Partners, Inc. | 203,029 | 13,513,610 |
Popular, Inc. | 190,065 | 12,977,638 |
Prosperity Bancshares, Inc. | 249,433 | 14,170,289 |
SouthState Corp. | 200,840 | 14,520,732 |
Synovus Financial Corp. | 386,911 | 11,978,765 |
Valley National Bancorp | 1,117,155 | 10,255,483 |
Webster Financial Corp. | 461,912 | 19,589,688 |
Western Alliance Bancorp | 289,709 | 14,488,347 |
Zions Bancorp NA | 391,886 | 13,911,953 |
314,209,582 | ||
Capital Goods 14.3% | ||
A.O. Smith Corp. | 329,120 | 23,861,200 |
Acuity Brands, Inc. | 84,156 | 13,572,680 |
Advanced Drainage Systems, Inc. | 165,323 | 21,187,796 |
AECOM | 367,903 | 32,283,488 |
AGCO Corp. | 164,231 | 21,272,841 |
Air Lease Corp. | 273,456 | 11,146,067 |
Allegion plc | 232,419 | 26,451,606 |
Armstrong World Industries, Inc. | 119,023 | 9,115,972 |
Axon Enterprise, Inc. * | 185,736 | 39,545,052 |
Builders FirstSource, Inc. * | 339,070 | 49,178,713 |
BWX Technologies, Inc. | 241,813 | 17,836,127 |
Carlisle Cos., Inc. | 134,881 | 35,476,401 |
ChargePoint Holdings, Inc. *(a) | 713,480 | 5,108,517 |
Chart Industries, Inc. * | 111,020 | 20,047,992 |
Crane Co. | 127,699 | 11,635,933 |
Curtiss-Wright Corp. | 101,351 | 21,079,994 |
Donaldson Co., Inc. | 320,609 | 20,477,297 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
EMCOR Group, Inc. | 125,651 | 28,177,237 |
Flowserve Corp. | 347,142 | 13,736,409 |
Fortune Brands Innovations, Inc. | 334,863 | 23,112,244 |
Graco, Inc. | 445,505 | 35,168,165 |
Hexcel Corp. | 223,435 | 16,377,785 |
Howmet Aerospace, Inc. | 973,080 | 48,138,268 |
Hubbell, Inc. | 141,772 | 46,224,761 |
Huntington Ingalls Industries, Inc. | 105,419 | 23,225,914 |
IDEX Corp. | 199,943 | 45,267,095 |
ITT, Inc. | 217,929 | 22,289,778 |
Lennox International, Inc. | 85,510 | 32,221,023 |
Leonardo DRS, Inc. * | 130,483 | 2,233,869 |
Lincoln Electric Holdings, Inc. | 152,148 | 29,282,404 |
Masco Corp. | 595,699 | 35,152,198 |
MasTec, Inc. * | 157,847 | 15,704,198 |
Masterbrand, Inc. * | 340,930 | 4,367,313 |
MDU Resources Group, Inc. | 539,496 | 10,984,139 |
Nordson Corp. | 142,449 | 34,777,499 |
nVent Electric plc | 437,813 | 24,753,947 |
Oshkosh Corp. | 172,697 | 17,931,129 |
Owens Corning | 238,483 | 34,320,088 |
Pentair plc | 436,638 | 30,678,186 |
Plug Power, Inc. *(a) | 1,428,353 | 12,083,866 |
RBC Bearings, Inc. * | 76,696 | 17,681,496 |
Regal Rexnord Corp. | 175,155 | 28,408,389 |
Sensata Technologies Holding plc | 403,640 | 15,184,937 |
SiteOne Landscape Supply, Inc. * | 118,919 | 20,357,744 |
Snap-on, Inc. | 140,070 | 37,622,802 |
Sunrun, Inc. * | 568,600 | 8,887,218 |
Textron, Inc. | 533,630 | 41,468,387 |
The Middleby Corp. * | 141,453 | 20,594,142 |
The Timken Co. | 173,978 | 13,295,399 |
The Toro Co. | 275,597 | 28,199,085 |
Trex Co., Inc. * | 287,609 | 20,526,654 |
Valmont Industries, Inc. | 55,645 | 14,106,007 |
Vertiv Holdings Co. | 854,132 | 33,644,259 |
Watsco, Inc. | 88,461 | 32,248,458 |
WESCO International, Inc. | 119,293 | 19,307,572 |
Westinghouse Air Brake Technologies Corp. | 475,787 | 53,535,553 |
WillScot Mobile Mini Holdings Corp. * | 534,690 | 21,932,984 |
Woodward, Inc. | 158,696 | 20,530,501 |
Zurn Elkay Water Solutions Corp., Class C | 379,101 | 11,228,972 |
1,424,245,750 | ||
Commercial & Professional Services 4.6% | ||
ASGN, Inc. * | 130,613 | 10,731,164 |
Booz Allen Hamilton Holding Corp., Class A | 350,002 | 39,658,727 |
CACI International, Inc., Class A * | 60,234 | 19,757,354 |
Ceridian HCM Holding, Inc. * | 409,705 | 29,711,806 |
Clarivate plc * | 1,140,531 | 8,474,145 |
Clean Harbors, Inc. * | 132,973 | 22,517,648 |
Concentrix Corp. | 112,894 | 9,012,328 |
Driven Brands Holdings, Inc. * | 145,472 | 2,189,354 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Dun & Bradstreet Holdings, Inc. | 582,779 | 6,352,291 |
ExlService Holdings, Inc. * | 440,142 | 12,865,351 |
Genpact Ltd. | 448,628 | 16,747,283 |
Jacobs Solutions, Inc. | 335,596 | 45,245,053 |
KBR, Inc. | 358,725 | 22,068,762 |
Leidos Holdings, Inc. | 363,008 | 35,396,910 |
ManpowerGroup, Inc. | 133,590 | 10,536,243 |
Maximus, Inc. | 160,895 | 13,003,534 |
MSA Safety, Inc. | 97,753 | 17,857,518 |
Paylocity Holding Corp. * | 109,163 | 21,887,181 |
RB Global, Inc. | 481,236 | 29,701,886 |
Robert Half International, Inc. | 284,857 | 21,068,024 |
Science Applications International Corp. | 142,686 | 16,788,435 |
Stericycle, Inc. * | 244,946 | 10,829,063 |
Tetra Tech, Inc. | 140,668 | 22,134,110 |
TriNet Group, Inc. * | 90,672 | 10,058,245 |
454,592,415 | ||
Consumer Discretionary Distribution & Retail 3.7% | ||
Advance Auto Parts, Inc. | 157,471 | 10,837,154 |
AutoNation, Inc. * | 83,183 | 13,067,217 |
Bath & Body Works, Inc. | 605,076 | 22,309,152 |
Burlington Stores, Inc. * | 171,596 | 27,843,167 |
Chewy, Inc., Class A * | 253,598 | 6,081,280 |
Dick's Sporting Goods, Inc. | 162,503 | 18,905,599 |
Five Below, Inc. * | 147,372 | 25,342,089 |
Floor & Decor Holdings, Inc., Class A * | 281,341 | 28,049,698 |
GameStop Corp., Class A *(a) | 668,394 | 12,398,709 |
Kohl's Corp. | 293,128 | 7,808,930 |
Lithia Motors, Inc. | 72,763 | 22,412,459 |
LKQ Corp. | 671,057 | 35,250,624 |
Murphy USA, Inc. | 53,028 | 16,843,814 |
Ollie's Bargain Outlet Holdings, Inc. * | 152,456 | 11,751,309 |
Penske Automotive Group, Inc. | 63,962 | 10,508,957 |
Pool Corp. | 103,310 | 37,770,136 |
RH * | 47,263 | 17,259,975 |
The Gap, Inc. | 566,192 | 6,556,503 |
Valvoline, Inc. | 367,562 | 12,658,835 |
Williams-Sonoma, Inc. | 173,529 | 24,502,295 |
368,157,902 | ||
Consumer Durables & Apparel 4.1% | ||
Brunswick Corp. | 186,956 | 14,791,959 |
Capri Holdings Ltd. * | 332,497 | 17,452,768 |
Columbia Sportswear Co. | 93,704 | 6,872,251 |
Crocs, Inc. * | 164,062 | 15,969,795 |
Deckers Outdoor Corp. * | 69,660 | 36,856,409 |
Hasbro, Inc. | 344,373 | 24,794,856 |
Leggett & Platt, Inc. | 352,826 | 9,949,693 |
Mattel, Inc. * | 935,819 | 20,737,749 |
Mohawk Industries, Inc. * | 139,931 | 14,187,604 |
Newell Brands, Inc. | 998,890 | 10,568,256 |
Polaris, Inc. | 141,441 | 15,854,122 |
PulteGroup, Inc. | 590,543 | 48,459,959 |
PVH Corp. | 166,182 | 13,892,815 |
Ralph Lauren Corp. | 108,741 | 12,682,463 |
Skechers U.S.A., Inc., Class A * | 355,022 | 17,861,157 |
Tapestry, Inc. | 612,580 | 20,411,166 |
Tempur Sealy International, Inc. | 454,895 | 21,252,694 |
Toll Brothers, Inc. | 272,194 | 22,300,854 |
TopBuild Corp. * | 83,904 | 24,338,872 |
Under Armour, Inc., Class A * | 954,014 | 7,288,667 |
Whirlpool Corp. | 144,736 | 20,257,251 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
YETI Holdings, Inc. * | 229,684 | 11,472,716 |
408,254,076 | ||
Consumer Services 4.9% | ||
ADT, Inc. | 564,182 | 3,622,048 |
Aramark | 692,452 | 25,745,365 |
Boyd Gaming Corp. | 203,217 | 13,589,121 |
Bright Horizons Family Solutions, Inc. * | 152,823 | 14,429,548 |
Caesars Entertainment, Inc. * | 568,726 | 31,427,799 |
Carnival Corp. * | 2,654,396 | 41,992,545 |
Choice Hotels International, Inc. | 69,978 | 8,880,208 |
Churchill Downs, Inc. | 174,151 | 21,817,637 |
DraftKings, Inc., Class A * | 1,222,305 | 36,241,343 |
H&R Block, Inc. | 403,059 | 16,114,299 |
Marriott Vacations Worldwide Corp. | 97,497 | 10,596,949 |
MGM Resorts International | 799,119 | 35,145,254 |
Norwegian Cruise Line Holdings Ltd. * | 1,121,345 | 18,580,687 |
Penn Entertainment, Inc. * | 406,429 | 9,628,303 |
Planet Fitness, Inc., Class A * | 224,285 | 13,636,528 |
Royal Caribbean Cruises Ltd. * | 581,718 | 57,555,179 |
Service Corp. International | 400,281 | 25,261,734 |
Texas Roadhouse, Inc. | 177,138 | 18,440,066 |
The Wendy's Co. | 444,758 | 8,801,761 |
Vail Resorts, Inc. | 106,581 | 24,121,412 |
Wingstop, Inc. | 79,204 | 12,723,330 |
Wyndham Hotels & Resorts, Inc. | 227,199 | 17,128,533 |
Wynn Resorts Ltd. | 273,670 | 27,744,664 |
493,224,313 | ||
Consumer Staples Distribution & Retail 1.1% | ||
Albertsons Cos., Inc., Class A | 529,757 | 11,866,557 |
BJ's Wholesale Club Holdings, Inc. * | 355,150 | 23,933,558 |
Casey's General Stores, Inc. | 98,472 | 24,067,542 |
Performance Food Group Co. * | 413,449 | 25,687,586 |
US Foods Holding Corp. * | 598,920 | 24,214,336 |
109,769,579 | ||
Energy 4.1% | ||
Antero Midstream Corp. | 885,456 | 10,731,727 |
Antero Resources Corp. * | 730,810 | 20,221,513 |
APA Corp. | 816,684 | 35,803,427 |
Chesapeake Energy Corp. | 283,022 | 24,965,371 |
Chord Energy Corp. | 109,805 | 17,733,507 |
EQT Corp. | 956,886 | 41,356,613 |
HF Sinclair Corp. | 340,504 | 18,758,365 |
Marathon Oil Corp. | 1,634,060 | 43,057,481 |
Matador Resources Co. | 299,222 | 19,000,597 |
New Fortress Energy, Inc. | 124,220 | 3,855,789 |
NOV, Inc. | 1,041,263 | 22,001,887 |
Ovintiv, Inc. | 647,261 | 30,395,377 |
Range Resources Corp. | 637,816 | 20,652,482 |
Southwestern Energy Co. * | 2,910,359 | 19,732,234 |
Targa Resources Corp. | 597,885 | 51,567,581 |
Texas Pacific Land Corp. | 16,286 | 30,695,038 |
Vitesse Energy, Inc. | 60,577 | 1,407,809 |
411,936,798 | ||
Equity Real Estate Investment Trusts (REITs) 6.8% | ||
Agree Realty Corp. | 246,109 | 15,214,458 |
American Homes 4 Rent, Class A | 830,338 | 29,925,382 |
Americold Realty Trust, Inc. | 714,036 | 24,027,311 |
Apartment Income REIT Corp. | 394,902 | 13,450,362 |
Brixmor Property Group, Inc. | 795,759 | 17,490,783 |
Camden Property Trust | 282,142 | 30,364,122 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Cousins Properties, Inc. | 400,311 | 9,407,309 |
CubeSmart | 593,761 | 24,765,771 |
Douglas Emmett, Inc. | 448,872 | 6,136,080 |
EastGroup Properties, Inc. | 117,404 | 21,089,281 |
Equity LifeStyle Properties, Inc. | 463,317 | 31,023,706 |
Federal Realty Investment Trust | 194,195 | 19,019,458 |
First Industrial Realty Trust, Inc. | 349,937 | 18,175,728 |
Gaming & Leisure Properties, Inc. | 695,200 | 32,952,480 |
Healthcare Realty Trust, Inc. | 1,006,827 | 17,639,609 |
Host Hotels & Resorts, Inc. | 1,879,620 | 29,679,200 |
Iron Mountain, Inc. | 771,475 | 49,019,521 |
Kilroy Realty Corp. | 278,817 | 10,302,288 |
Kimco Realty Corp. | 1,638,208 | 31,027,660 |
Lamar Advertising Co., Class A | 231,256 | 21,095,172 |
Medical Properties Trust, Inc. | 1,582,843 | 11,428,126 |
NNN REIT, Inc. | 481,435 | 18,963,725 |
Omega Healthcare Investors, Inc. | 619,613 | 19,716,086 |
Rayonier, Inc. | 392,527 | 11,736,557 |
Regency Centers Corp. | 434,965 | 27,054,823 |
Rexford Industrial Realty, Inc. | 531,980 | 28,444,971 |
Spirit Realty Capital, Inc. | 373,871 | 14,435,159 |
STAG Industrial, Inc. | 474,045 | 17,316,864 |
UDR, Inc. | 818,967 | 32,676,783 |
Vornado Realty Trust | 427,282 | 10,263,314 |
WP Carey, Inc. | 566,035 | 36,820,577 |
680,662,666 | ||
Financial Services 7.3% | ||
Affiliated Managers Group, Inc. | 95,560 | 12,805,996 |
Affirm Holdings, Inc. * | 564,175 | 11,740,482 |
AGNC Investment Corp. | 1,576,254 | 15,620,677 |
Ally Financial, Inc. | 795,047 | 22,014,851 |
Annaly Capital Management, Inc. | 1,305,196 | 26,456,323 |
Ares Management Corp., Class A | 424,995 | 43,961,483 |
Blackstone Mortgage Trust, Inc., Class A | 456,670 | 10,055,873 |
Cboe Global Markets, Inc. | 279,335 | 41,819,243 |
Credit Acceptance Corp. * | 15,954 | 8,005,239 |
Equitable Holdings, Inc. | 875,159 | 25,204,579 |
Essent Group Ltd. | 283,797 | 14,252,285 |
Euronet Worldwide, Inc. * | 124,872 | 10,908,818 |
FactSet Research Systems, Inc. | 101,382 | 44,244,119 |
Interactive Brokers Group, Inc., Class A | 272,181 | 24,790,245 |
Invesco Ltd. | 1,211,255 | 19,283,180 |
Jack Henry & Associates, Inc. | 192,589 | 30,194,103 |
Janus Henderson Group plc | 351,297 | 9,650,129 |
Jefferies Financial Group, Inc. | 493,461 | 17,611,623 |
Lazard Ltd., Class A | 298,179 | 10,358,738 |
LPL Financial Holdings, Inc. | 205,467 | 47,378,636 |
MarketAxess Holdings, Inc. | 99,547 | 23,983,859 |
MGIC Investment Corp. | 758,648 | 13,337,032 |
Morningstar, Inc. | 66,411 | 15,451,847 |
OneMain Holdings, Inc. | 319,204 | 13,250,158 |
Rithm Capital Corp. | 1,278,709 | 13,183,490 |
Robinhood Markets, Inc., Class A * | 1,373,142 | 14,953,516 |
SEI Investments Co. | 267,660 | 16,610,980 |
SoFi Technologies, Inc. * | 2,188,938 | 18,956,203 |
Starwood Property Trust, Inc. | 824,505 | 16,844,637 |
Stifel Financial Corp. | 281,066 | 18,274,911 |
TFS Financial Corp. | 124,872 | 1,699,508 |
The Carlyle Group, Inc. | 574,492 | 18,584,816 |
The Western Union Co. | 991,575 | 12,245,951 |
Toast, Inc., Class A * | 892,584 | 19,788,587 |
Tradeweb Markets, Inc., Class A | 303,180 | 26,203,847 |
Voya Financial, Inc. | 259,839 | 18,105,582 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
WEX, Inc. * | 113,221 | 22,211,696 |
730,043,242 | ||
Food, Beverage & Tobacco 2.9% | ||
Bunge Ltd. | 398,421 | 45,547,489 |
Campbell Soup Co. | 530,286 | 22,112,926 |
Celsius Holdings, Inc. * | 107,553 | 21,084,690 |
Darling Ingredients, Inc. * | 421,684 | 26,043,204 |
Flowers Foods, Inc. | 510,437 | 12,025,896 |
Ingredion, Inc. | 174,541 | 17,962,014 |
Lamb Weston Holdings, Inc. | 385,570 | 37,558,374 |
Lancaster Colony Corp. | 52,249 | 8,631,012 |
Molson Coors Beverage Co., Class B | 496,170 | 31,501,833 |
Pilgrim's Pride Corp. * | 118,922 | 2,992,078 |
Post Holdings, Inc. * | 141,747 | 12,716,123 |
Seaboard Corp. | 677 | 2,552,513 |
The Boston Beer Co., Inc., Class A * | 24,782 | 9,056,086 |
The J.M. Smucker Co. | 282,150 | 40,897,643 |
290,681,881 | ||
Health Care Equipment & Services 4.0% | ||
Acadia Healthcare Co., Inc. * | 243,363 | 18,763,287 |
agilon health, Inc. * | 771,918 | 13,678,387 |
Amedisys, Inc. * | 86,221 | 8,083,219 |
Chemed Corp. | 39,702 | 20,305,191 |
DaVita, Inc. * | 146,213 | 14,975,136 |
Dentsply Sirona, Inc. | 561,615 | 20,830,300 |
Encompass Health Corp. | 265,286 | 18,845,918 |
Envista Holdings Corp. * | 433,156 | 13,869,655 |
Guardant Health, Inc. * | 305,241 | 11,928,818 |
HealthEquity, Inc. * | 226,143 | 15,275,960 |
Henry Schein, Inc. * | 346,205 | 26,498,531 |
Inspire Medical Systems, Inc. * | 77,103 | 17,493,129 |
Integra LifeSciences Holdings Corp. * | 188,118 | 8,002,540 |
Lantheus Holdings, Inc. * | 180,513 | 12,354,310 |
Masimo Corp. * | 128,487 | 14,683,494 |
Novocure Ltd. * | 241,019 | 5,316,879 |
Option Care Health, Inc. * | 437,629 | 15,242,618 |
Penumbra, Inc. * | 101,284 | 26,789,618 |
QuidelOrtho Corp. * | 142,936 | 11,772,209 |
R1 RCM, Inc. * | 365,963 | 6,309,202 |
Shockwave Medical, Inc. * | 96,790 | 21,331,548 |
Teladoc Health, Inc. * | 431,735 | 9,774,480 |
Teleflex, Inc. | 124,361 | 26,456,559 |
Tenet Healthcare Corp. * | 269,472 | 20,900,248 |
Universal Health Services, Inc., Class B | 166,306 | 22,401,418 |
401,882,654 | ||
Household & Personal Products 0.2% | ||
Coty, Inc., Class A * | 971,200 | 11,227,072 |
Olaplex Holdings, Inc. * | 221,327 | 599,796 |
Reynolds Consumer Products, Inc. | 143,817 | 3,924,766 |
15,751,634 | ||
Insurance 4.3% | ||
American Financial Group, Inc. | 184,640 | 21,403,469 |
Assurant, Inc. | 140,465 | 19,570,989 |
Axis Capital Holdings Ltd. | 205,350 | 11,265,501 |
CNA Financial Corp. | 72,139 | 2,837,227 |
Erie Indemnity Co., Class A | 65,941 | 18,379,735 |
Everest Group Ltd. | 113,443 | 40,916,621 |
F&G Annuities & Life, Inc. | 50,225 | 1,421,870 |
Fidelity National Financial, Inc. | 720,541 | 29,830,397 |
First American Financial Corp. | 272,896 | 16,832,225 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Globe Life, Inc. | 234,848 | 26,201,991 |
Kinsale Capital Group, Inc. | 57,519 | 22,928,799 |
Lincoln National Corp. | 408,818 | 10,490,270 |
Loews Corp. | 500,682 | 31,087,345 |
Old Republic International Corp. | 719,857 | 19,688,089 |
Primerica, Inc. | 95,784 | 19,248,753 |
Reinsurance Group of America, Inc. | 175,852 | 24,376,604 |
RenaissanceRe Holdings Ltd. | 132,748 | 24,942,022 |
Selective Insurance Group, Inc. | 159,783 | 15,852,071 |
The Hanover Insurance Group, Inc. | 94,659 | 10,102,009 |
Unum Group | 489,550 | 24,080,965 |
W.R. Berkley Corp. | 531,454 | 32,875,744 |
424,332,696 | ||
Materials 6.1% | ||
Alcoa Corp. | 472,301 | 14,206,814 |
AptarGroup, Inc. | 173,205 | 22,960,055 |
Ashland, Inc. | 128,678 | 11,147,375 |
Avery Dennison Corp. | 213,606 | 40,239,098 |
Axalta Coating Systems Ltd. * | 585,452 | 16,568,292 |
Berry Global Group, Inc. | 315,124 | 20,590,202 |
Celanese Corp. | 264,498 | 33,421,967 |
Cleveland-Cliffs, Inc. * | 1,361,471 | 20,816,892 |
Crown Holdings, Inc. | 317,392 | 29,409,543 |
Eagle Materials, Inc. | 95,421 | 18,065,104 |
Eastman Chemical Co. | 314,887 | 26,768,544 |
FMC Corp. | 330,443 | 28,494,100 |
Graphic Packaging Holding Co. | 812,161 | 18,062,461 |
Huntsman Corp. | 450,914 | 12,566,973 |
Knife River Corp. * | 134,681 | 6,930,684 |
MP Materials Corp. * | 244,341 | 5,116,500 |
Olin Corp. | 318,246 | 18,464,633 |
Packaging Corp. of America | 237,998 | 35,485,502 |
Reliance Steel & Aluminum Co. | 155,546 | 44,324,388 |
Royal Gold, Inc. | 173,645 | 19,463,868 |
RPM International, Inc. | 341,173 | 34,028,595 |
Sealed Air Corp. | 382,028 | 14,157,958 |
Sonoco Products Co. | 258,957 | 14,877,080 |
Steel Dynamics, Inc. | 424,841 | 45,283,802 |
The Scotts Miracle-Gro Co. | 108,620 | 6,154,409 |
United States Steel Corp. | 599,268 | 18,631,242 |
Westlake Corp. | 91,243 | 11,951,008 |
Westrock Co. | 677,816 | 22,171,361 |
610,358,450 | ||
Media & Entertainment 2.5% | ||
AMC Entertainment Holdings, Inc., Class A *(a) | 155,834 | 1,955,717 |
Bumble, Inc., Class A * | 260,884 | 4,377,634 |
Cable One, Inc. | 12,510 | 8,138,631 |
DISH Network Corp., Class A * | 667,418 | 4,004,508 |
Endeavor Group Holdings, Inc., Class A * | 474,268 | 10,381,727 |
IAC, Inc. * | 202,149 | 11,184,904 |
Liberty Media Corp.-Liberty Formula One, Class C * | 605,572 | 41,657,298 |
News Corp., Class A | 1,324,517 | 28,463,870 |
Nexstar Media Group, Inc., Class A | 94,810 | 15,435,068 |
Pinterest, Inc., Class A * | 1,572,453 | 43,226,733 |
Playtika Holding Corp. * | 240,673 | 2,348,968 |
Roku, Inc. * | 326,007 | 26,471,768 |
The Interpublic Group of Cos., Inc. | 1,021,693 | 33,317,409 |
The New York Times Co., Class A | 433,342 | 19,184,050 |
250,148,285 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Pharmaceuticals, Biotechnology & Life Sciences 5.7% | ||
10X Genomics, Inc., Class A * | 259,390 | 13,449,372 |
Alkermes plc * | 439,884 | 12,840,214 |
Apellis Pharmaceuticals, Inc. * | 261,616 | 11,042,811 |
Arrowhead Pharmaceuticals, Inc. * | 282,024 | 7,795,143 |
Biohaven Ltd. * | 170,818 | 3,124,261 |
BioMarin Pharmaceutical, Inc. * | 496,569 | 45,376,475 |
Bio-Rad Laboratories, Inc., Class A * | 56,413 | 22,576,483 |
Bio-Techne Corp. | 416,681 | 32,667,790 |
Bruker Corp. | 264,183 | 17,330,405 |
Charles River Laboratories International, Inc. * | 135,261 | 27,974,680 |
CRISPR Therapeutics AG * | 209,124 | 10,458,291 |
Elanco Animal Health, Inc. * | 1,225,166 | 14,947,025 |
Exact Sciences Corp. * | 477,314 | 39,936,862 |
Exelixis, Inc. * | 861,249 | 19,283,365 |
Halozyme Therapeutics, Inc. * | 348,448 | 14,829,947 |
Intellia Therapeutics, Inc. * | 232,499 | 8,714,063 |
Ionis Pharmaceuticals, Inc. * | 378,181 | 15,229,349 |
Jazz Pharmaceuticals plc * | 169,158 | 24,250,491 |
Karuna Therapeutics, Inc. * | 80,151 | 15,049,152 |
Mirati Therapeutics, Inc. * | 163,167 | 6,069,812 |
Natera, Inc. * | 302,068 | 17,740,454 |
Neurocrine Biosciences, Inc. * | 257,863 | 28,078,702 |
Organon & Co. | 674,948 | 14,821,858 |
Perrigo Co., plc | 358,238 | 12,538,330 |
Repligen Corp. * | 137,006 | 23,826,714 |
Sarepta Therapeutics, Inc. * | 246,581 | 29,838,767 |
Sotera Health Co. * | 261,689 | 4,223,661 |
Syneos Health, Inc. * | 274,552 | 11,731,607 |
United Therapeutics Corp. * | 124,020 | 27,825,127 |
Viatris, Inc. | 3,168,719 | 34,063,729 |
567,634,940 | ||
Real Estate Management & Development 0.6% | ||
Jones Lang LaSalle, Inc. * | 126,236 | 21,813,581 |
Opendoor Technologies, Inc. * | 1,380,067 | 5,382,261 |
WeWork, Inc., Class A * | 1,834,617 | 216,485 |
Zillow Group, Inc., Class C * | 571,483 | 29,808,553 |
57,220,880 | ||
Semiconductors & Semiconductor Equipment 2.7% | ||
Allegro MicroSystems, Inc. * | 172,751 | 6,607,726 |
Entegris, Inc. | 396,072 | 40,110,212 |
First Solar, Inc. * | 262,824 | 49,705,275 |
Lattice Semiconductor Corp. * | 364,294 | 35,431,234 |
MKS Instruments, Inc. | 151,956 | 15,230,550 |
Power Integrations, Inc. | 151,818 | 12,755,748 |
Qorvo, Inc. * | 263,978 | 28,348,597 |
Silicon Laboratories, Inc. * | 84,372 | 11,378,408 |
SolarEdge Technologies, Inc. * | 148,903 | 24,207,161 |
Synaptics, Inc. * | 104,266 | 9,127,446 |
Universal Display Corp. | 115,024 | 18,698,301 |
Wolfspeed, Inc. * | 329,093 | 15,737,227 |
267,337,885 | ||
Software & Services 5.4% | ||
AppLovin Corp., Class A * | 333,690 | 14,422,082 |
Aspen Technology, Inc. * | 77,229 | 14,982,426 |
Bentley Systems, Inc., Class B | 528,697 | 26,387,267 |
Bill Holdings, Inc. * | 253,032 | 29,174,590 |
Black Knight, Inc. * | 414,301 | 31,387,444 |
CCC Intelligent Solutions Holdings, Inc. * | 281,019 | 3,006,903 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Dolby Laboratories, Inc., Class A | 157,143 | 13,273,869 |
Dropbox, Inc., Class A * | 719,209 | 19,986,818 |
DXC Technology Co. * | 602,485 | 12,495,539 |
Dynatrace, Inc. * | 572,913 | 27,614,407 |
Elastic N.V. * | 206,948 | 12,805,942 |
Fair Isaac Corp. * | 66,105 | 59,797,923 |
Five9, Inc. * | 187,974 | 13,603,678 |
GoDaddy, Inc., Class A * | 408,136 | 29,593,941 |
Guidewire Software, Inc. * | 215,559 | 18,630,764 |
Informatica, Inc., Class A * | 103,785 | 2,174,296 |
Manhattan Associates, Inc. * | 164,166 | 33,263,315 |
New Relic, Inc. * | 154,979 | 13,190,263 |
Nutanix, Inc., Class A * | 609,093 | 18,942,792 |
Procore Technologies, Inc. * | 185,991 | 12,563,692 |
PTC, Inc. * | 281,837 | 41,477,951 |
Qualys, Inc. * | 88,869 | 13,832,460 |
Smartsheet, Inc., Class A * | 351,625 | 14,673,311 |
Thoughtworks Holding, Inc. * | 174,001 | 864,785 |
Tyler Technologies, Inc. * | 110,921 | 44,194,254 |
UiPath, Inc., Class A * | 948,540 | 14,996,418 |
537,337,130 | ||
Technology Hardware & Equipment 3.9% | ||
Arrow Electronics, Inc. * | 149,353 | 19,928,171 |
Ciena Corp. * | 394,188 | 19,701,516 |
Cognex Corp. | 456,177 | 21,476,813 |
Coherent Corp. * | 368,562 | 13,868,988 |
Crane NXT Co. | 127,718 | 7,581,340 |
Dell Technologies, Inc., Class C | 677,519 | 38,103,669 |
F5, Inc. * | 159,800 | 26,152,868 |
IPG Photonics Corp. * | 82,783 | 8,970,366 |
Jabil, Inc. | 351,079 | 40,170,459 |
Juniper Networks, Inc. | 849,881 | 24,748,535 |
Littelfuse, Inc. | 65,698 | 17,546,622 |
Lumentum Holdings, Inc. * | 182,160 | 9,860,321 |
National Instruments Corp. | 347,619 | 20,718,092 |
NetApp, Inc. | 565,944 | 43,407,905 |
Pure Storage, Inc., Class A * | 763,238 | 27,926,878 |
TD SYNNEX Corp. | 109,976 | 11,190,058 |
Western Digital Corp. * | 845,506 | 38,047,770 |
389,400,371 | ||
Telecommunication Services 0.5% | ||
Frontier Communications Parent, Inc. * | 592,073 | 9,485,010 |
GCI Liberty, Inc. *(b) | 1,240 | 224 |
Iridium Communications, Inc. | 333,090 | 16,304,756 |
Liberty Global plc, Class C * | 1,066,217 | 21,153,745 |
Lumen Technologies, Inc. * | 2,456,438 | 3,905,736 |
50,849,471 | ||
Transportation 2.6% | ||
Alaska Air Group, Inc. * | 338,033 | 14,187,245 |
American Airlines Group, Inc. * | 1,725,344 | 25,414,317 |
Avis Budget Group, Inc. * | 63,046 | 13,453,386 |
C.H. Robinson Worldwide, Inc. | 308,242 | 27,874,324 |
GXO Logistics, Inc. * | 314,398 | 20,112,040 |
Hertz Global Holdings, Inc. * | 416,177 | 7,054,200 |
Knight-Swift Transportation Holdings, Inc. | 425,557 | 23,329,035 |
Landstar System, Inc. | 95,067 | 18,044,667 |
Lyft, Inc., Class A * | 872,162 | 10,274,069 |
RXO, Inc. * | 309,261 | 5,591,439 |
Saia, Inc. * | 70,238 | 29,935,436 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
U-Haul Holding Co. | 25,858 | 1,473,130 |
United Airlines Holdings, Inc. * | 867,721 | 43,221,183 |
XPO, Inc. * | 306,343 | 22,862,378 |
262,826,849 | ||
Utilities 3.2% | ||
Alliant Energy Corp. | 665,326 | 33,379,405 |
Atmos Energy Corp. | 381,840 | 44,274,348 |
Black Hills Corp. | 176,680 | 9,717,400 |
Essential Utilities, Inc. | 635,803 | 23,461,131 |
Hawaiian Electric Industries, Inc. (a) | 288,936 | 4,050,883 |
IDACORP, Inc. | 133,947 | 12,837,481 |
National Fuel Gas Co. | 243,039 | 13,060,916 |
NiSource, Inc. | 1,091,615 | 29,211,617 |
NRG Energy, Inc. | 608,509 | 22,849,513 |
OGE Energy Corp. | 529,633 | 18,034,004 |
Pinnacle West Capital Corp. | 299,327 | 23,128,997 |
Portland General Electric Co. | 255,914 | 11,224,388 |
The AES Corp. | 1,771,600 | 31,764,788 |
UGI Corp. | 554,107 | 13,952,414 |
Vistra Corp. | 926,663 | 29,115,751 |
320,063,036 | ||
Total Common Stocks (Cost $8,623,164,140) | 9,964,958,721 |
SHORT-TERM INVESTMENTS 0.4% OF NET ASSETS | ||
Money Market Funds 0.4% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (c) | 7,800,161 | 7,800,161 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (c)(d) | 28,594,683 | 28,594,683 |
36,394,844 | ||
Total Short-Term Investments (Cost $36,394,844) | 36,394,844 | |
Total Investments in Securities (Cost $8,659,558,984) | 10,001,353,565 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
S&P 400 Mid-Cap Index, e-mini, expires 09/15/23 | 39 | 10,329,930 | 11,500 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $27,895,253. |
(b) | Fair valued using significant unobservable inputs (see financial note 2(a), Securities for which no quoted value is available, for additional information). |
(c) | The rate shown is the annualized 7-day yield. |
(d) | Security purchased with cash collateral received for securities on loan. |
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 |
Assets | ||||
Common Stocks1 | $9,914,109,250 | $— | $— | $9,914,109,250 |
Telecommunication Services | 50,849,247 | — | 224 | 50,849,471 |
Short-Term Investments1 | 36,394,844 | — | — | 36,394,844 |
Futures Contracts2 | 11,500 | — | — | 11,500 |
Total | $10,001,364,841 | $— | $224 | $10,001,365,065 |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - unaffiliated (cost $8,659,558,984) including securities on loan of $27,895,253 | $10,001,353,565 | |
Cash | 763,438 | |
Deposit with broker for futures contracts | 748,800 | |
Receivables: | ||
Dividends | 9,036,204 | |
Investments sold | 4,525,501 | |
Fund shares sold | 3,584,713 | |
Income from securities on loan | + | 628,880 |
Total assets | 10,020,641,101 | |
Liabilities | ||
Collateral held for securities on loan | 28,594,683 | |
Payables: | ||
Investments bought | 12,163,759 | |
Fund shares redeemed | 3,584,713 | |
Management fees | 336,399 | |
Variation margin on futures contracts | + | 6,474 |
Total liabilities | 44,686,028 | |
Net assets | $9,975,955,073 | |
Net Assets by Source | ||
Capital received from investors | $9,644,976,364 | |
Total distributable earnings | + | 330,978,709 |
Net assets | $9,975,955,073 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$9,975,955,073 | 139,100,000 | $71.72 | ||
For the period September 1, 2022 through August 31, 2023 | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $61,778) | $159,380,382 | |
Securities on loan, net | + | 6,408,567 |
Total investment income | 165,788,949 | |
Expenses | ||
Management fees | 3,781,393 | |
Proxy fees1 | + | 119,405 |
Total expenses | – | 3,900,798 |
Net investment income | 161,888,151 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated | (369,954,183 ) | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 438,561,669 | |
Net realized gains on futures contracts | + | 988,070 |
Net realized gains | 69,595,556 | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 538,059,686 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 551,783 |
Net change in unrealized appreciation (depreciation) | + | 538,611,469 |
Net realized and unrealized gains | 608,207,025 | |
Increase in net assets resulting from operations | $770,095,176 |
1 | Proxy fees are non-routine expenses (see financial note 2(e) for additional information). |
OPERATIONS | |||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||
Net investment income | $161,888,151 | $137,156,563 | |
Net realized gains | 69,595,556 | 539,712,146 | |
Net change in unrealized appreciation (depreciation) | + | 538,611,469 | (2,186,848,943 ) |
Increase (decrease) in net assets resulting from operations | $770,095,176 | ($1,509,980,234 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($160,033,135 ) | ($141,961,375 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 16,200,000 | $1,096,153,217 | 29,900,000 | $2,242,278,240 | |
Shares redeemed | + | (13,750,000 ) | (925,533,718 ) | (18,050,000 ) | (1,380,826,667 ) |
Net transactions in fund shares | 2,450,000 | $170,619,499 | 11,850,000 | $861,451,573 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 136,650,000 | $9,195,273,533 | 124,800,000 | $9,985,763,569 | |
Total increase (decrease) | + | 2,450,000 | 780,681,540 | 11,850,000 | (790,490,036 ) |
End of period | 139,100,000 | $9,975,955,073 | 136,650,000 | $9,195,273,533 |
9/1/22– 8/31/23 | 9/1/21– 8/31/221 | 9/1/20– 8/31/211 | 9/1/19– 8/31/201 | 9/1/18– 8/31/191 | ||
Per-Share Data | ||||||
Net asset value at beginning of period | $42.08 | $51.85 | $35.62 | $34.60 | $39.12 | |
Income (loss) from investment operations: | ||||||
Net investment income (loss)2 | 0.65 | 0.56 | 0.55 | 0.51 | 0.52 | |
Net realized and unrealized gains (losses) | 2.11 | (9.72 ) | 16.19 | 1.01 | (4.53 ) | |
Total from investment operations | 2.76 | (9.16 ) | 16.74 | 1.52 | (4.01 ) | |
Less distributions: | ||||||
Distributions from net investment income | (0.62 ) | (0.61 ) | (0.51 ) | (0.50 ) | (0.51 ) | |
Net asset value at end of period | $44.22 | $42.08 | $51.85 | $35.62 | $34.60 | |
Total return | 6.69 % | (17.78 %) | 47.33 % | 4.53 % | (10.26 %) | |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.04 %3 | 0.04 %3 | 0.04 % | 0.04 % | 0.04 %4 | |
Net investment income (loss) | 1.55 % | 1.20 % | 1.18 % | 1.50 % | 1.49 % | |
Portfolio turnover rate5 | 9 % | 15 % | 15 % | 12 % | 11 % | |
Net assets, end of period (x 1,000,000) | $14,481 | $13,539 | $16,622 | $10,044 | $8,100 |
1 | Per-Share Data has been retroactively adjusted to reflect a 2-for-1 share split effective after market close on March 10, 2022 (see financial note 12 for additional information). |
2 | Calculated based on the average shares outstanding during the period. |
3 | Ratio includes less than 0.005% of non-routine proxy expenses. |
4 | Effective March 11, 2019, the annual operating expense ratio was reduced. The ratio presented for the period ended August 31, 2019 is a blended ratio. |
5 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.8% OF NET ASSETS | ||
Automobiles & Components 1.5% | ||
Adient plc * | 405,190 | 15,871,292 |
American Axle & Manufacturing Holdings, Inc. * | 500,559 | 3,779,220 |
Canoo, Inc. *(a) | 1,425,820 | 844,798 |
Dana, Inc. | 551,719 | 8,888,193 |
Dorman Products, Inc. * | 121,569 | 10,030,658 |
Faraday Future Intelligent Electric, Inc. *(a) | 48,771 | 367,002 |
Fisker, Inc. *(a) | 745,541 | 4,376,326 |
Fox Factory Holding Corp. * | 180,720 | 20,025,583 |
Gentherm, Inc. * | 141,740 | 8,534,165 |
Holley, Inc. * | 218,743 | 1,246,835 |
LCI Industries | 108,325 | 13,570,956 |
Luminar Technologies, Inc. *(a) | 1,051,972 | 6,059,359 |
Mobileye Global, Inc., Class A * | 326,137 | 11,581,125 |
Modine Manufacturing Co. * | 222,678 | 10,597,246 |
Patrick Industries, Inc. | 90,302 | 7,552,859 |
QuantumScape Corp. *(a) | 1,404,392 | 10,027,359 |
Solid Power, Inc. * | 458,017 | 970,996 |
Standard Motor Products, Inc. | 81,465 | 3,016,649 |
Stoneridge, Inc. * | 116,905 | 2,402,398 |
The Goodyear Tire & Rubber Co. * | 1,211,657 | 15,642,492 |
Thor Industries, Inc. | 228,724 | 23,974,850 |
Visteon Corp. * | 121,366 | 16,902,643 |
Winnebago Industries, Inc. | 130,824 | 8,483,936 |
Workhorse Group, Inc. *(a) | 770,026 | 606,935 |
XPEL, Inc. * | 84,202 | 7,014,027 |
212,367,902 | ||
Banks 6.6% | ||
1st Source Corp. | 73,488 | 3,284,179 |
Ameris Bancorp | 278,207 | 11,336,935 |
Arrow Financial Corp. | 69,040 | 1,215,794 |
Associated Banc-Corp. | 645,487 | 11,186,290 |
Atlantic Union Bankshares Corp. | 320,024 | 9,501,513 |
Axos Financial, Inc. * | 225,060 | 9,697,835 |
Banc of California, Inc. | 228,964 | 2,868,919 |
BancFirst Corp. | 74,597 | 7,129,981 |
Bank of Hawaii Corp. (a) | 169,784 | 9,124,192 |
Bank of Marin Bancorp | 60,758 | 1,143,466 |
Bank OZK | 461,696 | 18,546,328 |
BankUnited, Inc. | 318,337 | 8,356,346 |
Banner Corp. | 147,387 | 6,418,704 |
Berkshire Hills Bancorp, Inc. | 188,358 | 3,936,682 |
Brookline Bancorp, Inc. | 377,538 | 3,613,039 |
Byline Bancorp, Inc. | 95,490 | 2,022,478 |
Cadence Bank | 783,144 | 17,918,335 |
Camden National Corp. | 63,046 | 2,067,278 |
Capitol Federal Financial, Inc. | 544,491 | 3,087,264 |
Cathay General Bancorp | 311,211 | 11,088,448 |
Central Pacific Financial Corp. | 115,352 | 1,957,523 |
Citizens Financial Services, Inc. (a) | 18,647 | 1,020,737 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
City Holding Co. | 64,292 | 5,873,717 |
Columbia Banking System, Inc. | 890,034 | 18,227,896 |
Columbia Financial, Inc. * | 135,744 | 2,329,367 |
Community Bank System, Inc. | 230,523 | 10,961,369 |
Community Trust Bancorp, Inc. | 64,508 | 2,290,034 |
ConnectOne Bancorp, Inc. | 151,464 | 2,895,992 |
CrossFirst Bankshares, Inc. * | 179,242 | 1,926,852 |
Customers Bancorp, Inc. * | 125,368 | 4,405,432 |
CVB Financial Corp. | 559,285 | 9,765,116 |
Dime Community Bancshares, Inc. | 140,275 | 2,989,260 |
Eagle Bancorp, Inc. | 132,031 | 3,176,666 |
Eastern Bankshares, Inc. | 685,218 | 9,223,034 |
Enterprise Financial Services Corp. | 159,861 | 6,188,219 |
F.N.B. Corp. | 1,544,641 | 17,964,175 |
FB Financial Corp. | 151,118 | 4,590,965 |
Financial Institutions, Inc. | 67,255 | 1,176,963 |
First BanCorp | 768,384 | 10,649,802 |
First Bancorp/Southern Pines NC | 175,415 | 5,199,301 |
First Busey Corp. | 219,919 | 4,442,364 |
First Commonwealth Financial Corp. | 442,779 | 5,787,122 |
First Community Bankshares, Inc. | 73,095 | 2,260,828 |
First Financial Bancorp | 405,653 | 8,429,469 |
First Financial Bankshares, Inc. | 554,749 | 15,932,391 |
First Financial Corp. | 47,623 | 1,748,717 |
First Foundation, Inc. | 214,814 | 1,688,438 |
First Hawaiian, Inc. | 545,301 | 10,311,642 |
First Interstate BancSystem, Inc., Class A | 379,032 | 9,820,719 |
First Merchants Corp. | 254,429 | 7,592,161 |
First Mid Bancshares, Inc. | 75,513 | 2,112,099 |
Flushing Financial Corp. | 118,042 | 1,666,753 |
Fulton Financial Corp. | 710,690 | 9,473,498 |
German American Bancorp, Inc. | 117,761 | 3,406,826 |
Glacier Bancorp, Inc. | 474,768 | 14,342,741 |
Great Southern Bancorp, Inc. | 39,036 | 1,970,147 |
Hancock Whitney Corp. | 367,717 | 15,168,326 |
Hanmi Financial Corp. | 129,167 | 2,237,172 |
HarborOne Bancorp, Inc. | 176,461 | 1,759,316 |
Heartland Financial USA, Inc. | 161,997 | 4,963,588 |
Heritage Commerce Corp. | 258,394 | 2,240,276 |
Heritage Financial Corp. | 148,415 | 2,555,706 |
Hilltop Holdings, Inc. | 197,414 | 5,999,411 |
Home BancShares, Inc. | 806,006 | 17,877,213 |
HomeStreet, Inc. | 75,119 | 709,875 |
Hope Bancorp, Inc. | 511,746 | 4,948,584 |
Horizon Bancorp, Inc. | 165,814 | 1,855,459 |
Independent Bank Corp. | 188,252 | 10,169,373 |
Independent Bank Group, Inc. | 152,050 | 6,416,510 |
International Bancshares Corp. | 225,097 | 10,079,844 |
Kearny Financial Corp. | 286,098 | 2,119,986 |
Lakeland Bancorp, Inc. | 276,063 | 3,729,611 |
Lakeland Financial Corp. | 109,440 | 5,705,107 |
LINKBANCORP, Inc. (a) | 50,690 | 354,830 |
Live Oak Bancshares, Inc. | 142,836 | 4,619,316 |
Luther Burbank Corp. | 42,507 | 386,389 |
Mercantile Bank Corp. | 64,071 | 2,138,690 |
Metrocity Bankshares, Inc. | 76,183 | 1,485,569 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Midland States Bancorp, Inc. | 95,464 | 2,119,301 |
National Bank Holdings Corp., Class A | 161,858 | 5,105,001 |
NBT Bancorp, Inc. | 201,612 | 6,939,485 |
New York Community Bancorp, Inc. | 3,088,873 | 37,931,360 |
Nicolet Bankshares, Inc. | 57,026 | 4,323,141 |
Northfield Bancorp, Inc. | 177,602 | 1,871,925 |
Northwest Bancshares, Inc. | 542,129 | 5,963,419 |
OceanFirst Financial Corp. | 255,279 | 4,306,557 |
OFG Bancorp | 203,897 | 6,149,534 |
Old National Bancorp | 1,251,078 | 19,091,450 |
Origin Bancorp, Inc. | 123,988 | 3,805,192 |
Pacific Premier Bancorp, Inc. | 410,978 | 9,460,714 |
PacWest Bancorp | 501,573 | 3,987,505 |
Park National Corp. | 61,906 | 6,299,555 |
Pathward Financial, Inc. | 115,315 | 5,681,570 |
Peapack-Gladstone Financial Corp. | 67,698 | 1,846,124 |
Peoples Bancorp, Inc. | 139,472 | 3,594,193 |
Pinnacle Financial Partners, Inc. | 328,174 | 21,843,261 |
Popular, Inc. | 307,699 | 21,009,688 |
Preferred Bank | 56,983 | 3,539,214 |
Premier Financial Corp. | 153,139 | 2,885,139 |
Prosperity Bancshares, Inc. | 403,752 | 22,937,151 |
Provident Financial Services, Inc. | 322,330 | 5,311,998 |
QCR Holdings, Inc. | 71,992 | 3,776,700 |
Renasant Corp. | 239,500 | 6,670,075 |
Republic Bancorp, Inc., Class A | 38,932 | 1,730,138 |
S&T Bancorp, Inc. | 166,901 | 4,728,305 |
Sandy Spring Bancorp, Inc. | 193,060 | 4,293,654 |
Seacoast Banking Corp. of Florida | 357,908 | 8,450,208 |
ServisFirst Bancshares, Inc. | 208,619 | 11,691,009 |
Simmons First National Corp., Class A | 543,964 | 9,693,439 |
Southside Bancshares, Inc. | 125,594 | 3,780,379 |
SouthState Corp. | 324,458 | 23,458,313 |
Stellar Bancorp, Inc. | 194,792 | 4,143,226 |
Stock Yards Bancorp, Inc. | 125,694 | 5,756,785 |
Synovus Financial Corp. | 625,799 | 19,374,737 |
Texas Capital Bancshares, Inc. * | 204,434 | 12,764,859 |
The Bancorp, Inc. * | 233,557 | 8,573,878 |
The First Bancshares, Inc. | 119,020 | 3,378,978 |
The First of Long Island Corp. | 90,260 | 1,178,796 |
Tompkins Financial Corp. | 54,605 | 2,835,638 |
Towne Bank | 289,444 | 6,830,878 |
TriCo Bancshares | 142,974 | 4,909,727 |
Triumph Financial, Inc. | 93,486 | 6,004,606 |
TrustCo Bank Corp. | 82,145 | 2,338,668 |
Trustmark Corp. | 260,702 | 6,006,574 |
UMB Financial Corp. | 187,143 | 11,829,309 |
United Bankshares, Inc. | 575,768 | 17,319,101 |
United Community Banks, Inc. | 492,928 | 13,309,056 |
Univest Financial Corp. | 127,224 | 2,288,760 |
Valley National Bancorp | 1,803,967 | 16,560,417 |
Veritex Holdings, Inc. | 230,394 | 4,333,711 |
Washington Federal, Inc. | 280,940 | 7,635,949 |
Washington Trust Bancorp, Inc. | 73,499 | 2,057,972 |
WesBanco, Inc. | 252,560 | 6,404,922 |
Westamerica BanCorp | 114,715 | 5,050,901 |
Wintrust Financial Corp. | 261,616 | 20,304,018 |
WSFS Financial Corp. | 262,646 | 10,321,988 |
960,650,643 | ||
Capital Goods 12.6% | ||
374Water, Inc. *(a) | 244,226 | 366,339 |
3D Systems Corp. * | 557,372 | 3,517,017 |
AAON, Inc. | 275,096 | 17,347,554 |
AAR Corp. * | 140,604 | 8,661,206 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
AeroVironment, Inc. * | 107,755 | 10,455,468 |
Air Lease Corp. | 441,730 | 18,004,915 |
Alamo Group, Inc. | 44,042 | 7,559,809 |
Albany International Corp., Class A | 133,210 | 12,351,231 |
Allison Transmission Holdings, Inc. | 389,253 | 23,530,344 |
Ameresco, Inc., Class A * | 145,747 | 6,338,537 |
American Woodmark Corp. * | 71,240 | 5,533,211 |
Amprius Technologies, Inc. *(a) | 52,641 | 258,994 |
API Group Corp. * | 866,139 | 24,381,813 |
Apogee Enterprises, Inc. | 95,166 | 4,802,076 |
Applied Industrial Technologies, Inc. | 165,236 | 25,507,481 |
Archer Aviation, Inc., Class A *(a) | 636,250 | 4,434,663 |
Arcosa, Inc. | 207,240 | 16,210,313 |
Argan, Inc. | 57,140 | 2,427,307 |
Armstrong World Industries, Inc. | 193,516 | 14,821,390 |
Array Technologies, Inc. * | 599,348 | 14,905,785 |
Astec Industries, Inc. | 96,709 | 5,301,587 |
Astra Space, Inc. * | 602,133 | 155,591 |
Atkore, Inc. * | 166,419 | 25,623,533 |
AZZ, Inc. | 107,162 | 5,261,654 |
Babcock & Wilcox Enterprises, Inc. * | 314,250 | 1,649,813 |
Barnes Group, Inc. | 217,150 | 8,533,995 |
Beacon Roofing Supply, Inc. * | 234,851 | 18,752,852 |
Blink Charging Co. *(a) | 204,980 | 807,621 |
Bloom Energy Corp., Class A * | 782,033 | 11,722,675 |
Boise Cascade Co. | 169,402 | 18,527,497 |
BWX Technologies, Inc. | 391,617 | 28,885,670 |
ChargePoint Holdings, Inc. *(a) | 1,157,943 | 8,290,872 |
Chart Industries, Inc. * | 179,706 | 32,451,310 |
CIRCOR International, Inc. * | 86,848 | 4,836,565 |
Columbus McKinnon Corp. | 122,872 | 4,628,588 |
Comfort Systems USA, Inc. | 152,905 | 28,221,676 |
Construction Partners, Inc., Class A * | 177,473 | 6,167,187 |
Core & Main, Inc., Class A * | 378,717 | 12,437,066 |
Crane Co. | 206,283 | 18,796,507 |
CSW Industrials, Inc. | 66,028 | 11,860,610 |
Curtiss-Wright Corp. | 164,086 | 34,128,247 |
Custom Truck One Source, Inc. * | 262,004 | 1,758,047 |
Desktop Metal, Inc., Class A *(a) | 1,004,739 | 1,808,530 |
Douglas Dynamics, Inc. | 98,838 | 2,991,826 |
Dragonfly Energy Holdings Corp. * | 41,866 | 72,010 |
DXP Enterprises, Inc. * | 61,997 | 2,205,233 |
Dycom Industries, Inc. * | 125,681 | 12,559,302 |
EMCOR Group, Inc. | 203,377 | 45,607,292 |
Encore Wire Corp. | 76,883 | 12,671,087 |
Energy Recovery, Inc. * | 241,214 | 6,556,197 |
Energy Vault Holdings, Inc. *(a) | 289,301 | 922,870 |
Enerpac Tool Group Corp. | 244,673 | 6,410,433 |
EnerSys | 174,774 | 18,347,775 |
Enovix Corp. * | 476,177 | 6,561,719 |
EnPro Industries, Inc. | 89,451 | 12,200,222 |
Esab Corp. | 221,347 | 15,974,613 |
ESCO Technologies, Inc. | 109,948 | 11,765,536 |
ESS Tech, Inc. * | 230,990 | 330,316 |
Federal Signal Corp. | 260,258 | 15,862,725 |
Flowserve Corp. | 561,485 | 22,217,961 |
Fluence Energy, Inc. * | 160,658 | 4,233,338 |
Fluor Corp. * | 612,528 | 21,432,355 |
Franklin Electric Co., Inc. | 165,634 | 16,018,464 |
FTAI Aviation Ltd. | 427,180 | 15,788,573 |
FTC Solar, Inc. * | 195,127 | 366,839 |
FuelCell Energy, Inc. *(a) | 1,725,360 | 2,415,504 |
Gates Industrial Corp. plc * | 606,462 | 7,447,353 |
GATX Corp. | 151,017 | 17,841,148 |
Gibraltar Industries, Inc. * | 129,987 | 9,752,925 |
Global Industrial Co. | 69,036 | 2,336,178 |
GMS, Inc. * | 177,033 | 12,275,468 |
GrafTech International Ltd. | 820,703 | 2,905,289 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Granite Construction, Inc. | 188,031 | 7,763,800 |
Great Lakes Dredge & Dock Corp. * | 280,339 | 2,475,393 |
Griffon Corp. | 202,984 | 8,498,940 |
H&E Equipment Services, Inc. | 144,780 | 6,561,430 |
Hayward Holdings, Inc. * | 681,347 | 10,083,936 |
Heliogen, Inc. * | 421,508 | 76,883 |
Helios Technologies, Inc. | 139,481 | 8,073,160 |
Herc Holdings, Inc. | 103,723 | 13,498,511 |
Hexcel Corp. | 360,597 | 26,431,760 |
Hillenbrand, Inc. | 298,003 | 14,435,265 |
Hillman Solutions Corp. * | 727,208 | 6,581,232 |
Hyliion Holdings Corp. * | 535,950 | 653,859 |
Hyster-Yale Materials Handling, Inc. | 45,429 | 2,074,742 |
Hyzon Motors, Inc. *(a) | 363,032 | 461,051 |
IES Holdings, Inc. * | 36,264 | 2,719,075 |
Insteel Industries, Inc. | 82,381 | 2,862,740 |
Intuitive Machines, Inc. *(a) | 18,962 | 90,259 |
ITT, Inc. | 352,575 | 36,061,371 |
Janus International Group, Inc. * | 336,464 | 3,852,513 |
JELD-WEN Holding, Inc. * | 362,893 | 5,472,426 |
John Bean Technologies Corp. | 135,981 | 14,945,672 |
Kadant, Inc. | 50,226 | 11,036,661 |
Kaman Corp. | 121,912 | 2,734,486 |
Kennametal, Inc. | 343,293 | 9,086,966 |
Kratos Defense & Security Solutions, Inc. * | 543,892 | 8,751,222 |
Leonardo DRS, Inc. * | 212,183 | 3,632,573 |
Lindsay Corp. | 47,375 | 5,879,238 |
Markforged Holding Corp. * | 399,158 | 522,897 |
Masonite International Corp. * | 94,294 | 9,684,937 |
MasTec, Inc. * | 254,992 | 25,369,154 |
McGrath RentCorp | 104,868 | 10,602,155 |
MDU Resources Group, Inc. | 871,229 | 17,738,222 |
Mercury Systems, Inc. * | 248,509 | 9,753,978 |
Microvast Holdings, Inc. * | 821,670 | 1,832,324 |
Moog, Inc., Class A | 123,118 | 14,301,387 |
MRC Global, Inc. * | 362,816 | 3,381,445 |
MSC Industrial Direct Co., Inc., Class A | 202,102 | 20,626,530 |
Mueller Industries, Inc. | 243,802 | 18,811,762 |
Mueller Water Products, Inc., Class A | 668,056 | 9,432,951 |
MYR Group, Inc. * | 71,556 | 10,165,961 |
National Presto Industries, Inc. | 21,566 | 1,614,215 |
Nauticus Robotics, Inc. * | 47,601 | 96,154 |
NEXTracker, Inc., Class A * | 195,034 | 8,214,832 |
Nikola Corp. *(a) | 2,339,351 | 2,760,434 |
NOW, Inc. * | 455,743 | 5,090,649 |
Nuburu, Inc. * | 25,114 | 9,774 |
nVent Electric plc | 708,636 | 40,066,279 |
Nxu, Inc. * | 105,137 | 21,027 |
Omega Flex, Inc. | 12,888 | 1,078,726 |
Oshkosh Corp. | 279,301 | 28,999,823 |
Parsons Corp. * | 144,232 | 8,224,109 |
PGT Innovations, Inc. * | 251,905 | 7,101,202 |
Primoris Services Corp. | 227,828 | 8,058,276 |
Proto Labs, Inc. * | 113,337 | 3,343,442 |
Quanex Building Products Corp. | 143,291 | 3,865,991 |
RBC Bearings, Inc. * | 123,991 | 28,584,885 |
Resideo Technologies, Inc. * | 630,498 | 10,630,196 |
REV Group, Inc. | 133,753 | 1,816,366 |
Rocket Lab USA, Inc. * | 940,807 | 5,936,492 |
Rush Enterprises, Inc., Class A | 270,473 | 11,200,266 |
Rush Enterprises, Inc., Class B | 47,604 | 2,188,356 |
Sarcos Technology & Robotics Corp. * | 54,723 | 61,290 |
SES AI Corp. *(a) | 611,221 | 1,289,676 |
Shoals Technologies Group, Inc., Class A * | 727,122 | 14,309,761 |
Simpson Manufacturing Co., Inc. | 182,750 | 29,196,140 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
SiteOne Landscape Supply, Inc. * | 192,595 | 32,970,338 |
Southland Holdings, Inc. *(a) | 33,308 | 227,161 |
Spirit AeroSystems Holdings, Inc., Class A | 449,635 | 9,586,218 |
SPX Technologies, Inc. * | 194,339 | 15,356,668 |
Standex International Corp. | 50,907 | 7,820,842 |
Stem, Inc. *(a) | 632,641 | 3,220,143 |
SunPower Corp. * | 363,577 | 2,603,211 |
Sunrun, Inc. * | 925,060 | 14,458,688 |
TechPrecision Corp. * | 30,147 | 209,522 |
Tecnoglass, Inc. | 84,847 | 3,306,488 |
Tennant Co. | 79,292 | 6,536,040 |
Terex Corp. | 290,137 | 17,585,204 |
Terran Orbital Corp. * | 252,516 | 308,070 |
The AZEK Co., Inc. * | 518,095 | 17,620,411 |
The Gorman-Rupp Co. | 98,158 | 3,154,798 |
The Greenbrier Cos., Inc. | 137,125 | 5,836,040 |
The Manitowoc Co., Inc. * | 150,083 | 2,539,404 |
The Shyft Group, Inc. | 136,259 | 2,136,541 |
The Timken Co. | 281,647 | 21,523,464 |
Thermon Group Holdings, Inc. * | 142,743 | 3,922,578 |
Titan International, Inc. * | 217,147 | 2,733,881 |
Titan Machinery, Inc. * | 85,615 | 2,655,777 |
TPI Composites, Inc. * | 185,014 | 934,321 |
Trinity Industries, Inc. | 348,624 | 8,740,004 |
Triton International Ltd. | 235,419 | 19,754,008 |
Triumph Group, Inc. * | 277,170 | 2,608,170 |
Tutor Perini Corp. * | 181,681 | 1,615,144 |
UFP Industries, Inc. | 265,626 | 27,718,073 |
V2X, Inc. * | 48,467 | 2,438,375 |
Valmont Industries, Inc. | 90,010 | 22,817,535 |
Velo3D, Inc. *(a) | 262,721 | 415,099 |
Veritiv Corp. | 57,831 | 9,734,692 |
Vertiv Holdings Co. | 1,379,810 | 54,350,716 |
Vicor Corp. * | 95,998 | 6,505,784 |
View, Inc. * | 6,647 | 89,867 |
Virgin Galactic Holdings, Inc. *(a) | 1,056,802 | 2,663,141 |
Wabash National Corp. | 204,555 | 4,612,715 |
Watts Water Technologies, Inc., Class A | 117,172 | 22,118,558 |
WESCO International, Inc. | 192,740 | 31,194,969 |
Xometry, Inc., Class A * | 126,197 | 2,404,053 |
Zurn Elkay Water Solutions Corp., Class C | 611,048 | 18,099,242 |
1,823,996,878 | ||
Commercial & Professional Services 4.5% | ||
ABM Industries, Inc. | 283,239 | 12,864,715 |
ACCO Brands Corp. | 413,552 | 2,204,232 |
Alight, Inc., Class A * | 1,445,055 | 11,040,220 |
ASGN, Inc. * | 210,382 | 17,284,985 |
Barrett Business Services, Inc. | 29,105 | 2,784,766 |
BlackSky Technology, Inc. *(a) | 397,613 | 540,754 |
Brady Corp., Class A | 196,663 | 9,919,682 |
BrightView Holdings, Inc. * | 162,974 | 1,349,425 |
CACI International, Inc., Class A * | 97,543 | 31,995,079 |
Casella Waste Systems, Inc., Class A * | 240,297 | 18,928,195 |
CBIZ, Inc. * | 214,902 | 12,058,151 |
Cimpress plc * | 84,671 | 5,470,593 |
Clean Harbors, Inc. * | 215,255 | 36,451,282 |
Conduent, Inc. * | 724,395 | 2,274,600 |
CoreCivic, Inc. * | 488,415 | 5,255,345 |
CSG Systems International, Inc. | 129,715 | 7,044,822 |
Deluxe Corp. | 187,315 | 3,787,509 |
Driven Brands Holdings, Inc. * | 234,410 | 3,527,871 |
Ennis, Inc. | 111,762 | 2,380,531 |
Enviri Corp. * | 339,102 | 2,526,310 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
ExlService Holdings, Inc. * | 711,389 | 20,793,900 |
Exponent, Inc. | 217,700 | 19,562,522 |
First Advantage Corp. | 235,396 | 3,283,774 |
FiscalNote Holdings, Inc. *(a) | 310,444 | 686,081 |
Forrester Research, Inc. * | 49,630 | 1,520,167 |
Franklin Covey Co. * | 51,627 | 2,202,924 |
FTI Consulting, Inc. * | 145,195 | 26,980,135 |
Healthcare Services Group, Inc. | 315,037 | 3,638,677 |
Heidrick & Struggles International, Inc. | 86,942 | 2,303,094 |
Heritage-Crystal Clean, Inc. * | 69,179 | 3,119,973 |
HireRight Holdings Corp. * | 75,076 | 786,046 |
HNI Corp. | 198,430 | 6,500,567 |
Huron Consulting Group, Inc. * | 82,250 | 8,220,888 |
ICF International, Inc. | 72,179 | 9,748,496 |
Insperity, Inc. | 153,955 | 15,600,260 |
Interface, Inc. | 246,974 | 2,551,241 |
KBR, Inc. | 580,689 | 35,723,987 |
Kelly Services, Inc., Class A | 139,879 | 2,586,363 |
Kforce, Inc. | 81,237 | 5,089,498 |
Korn Ferry | 224,702 | 11,455,308 |
LanzaTech Global, Inc. *(a) | 341,924 | 2,263,537 |
LegalZoom.com, Inc. * | 398,819 | 4,550,525 |
Liquidity Services, Inc. * | 100,443 | 1,833,085 |
ManpowerGroup, Inc. | 216,079 | 17,042,151 |
Matthews International Corp., Class A | 130,650 | 5,510,817 |
Maximus, Inc. | 260,025 | 21,015,220 |
MillerKnoll, Inc. | 321,870 | 6,147,717 |
Montrose Environmental Group, Inc. * | 118,937 | 4,571,938 |
MSA Safety, Inc. | 157,705 | 28,809,549 |
NV5 Global, Inc. * | 53,827 | 5,478,512 |
OPENLANE, Inc. * | 468,128 | 7,307,478 |
Paycor HCM, Inc. * | 204,887 | 4,808,698 |
Pitney Bowes, Inc. | 692,025 | 2,276,762 |
Planet Labs PBC * | 847,359 | 2,753,917 |
Resources Connection, Inc. | 136,219 | 2,112,757 |
Science Applications International Corp. | 230,821 | 27,158,399 |
SP Plus Corp. * | 83,480 | 3,269,912 |
Steelcase, Inc., Class A | 402,004 | 3,646,176 |
Stericycle, Inc. * | 396,186 | 17,515,383 |
Sterling Check Corp. * | 98,845 | 1,377,899 |
Tetra Tech, Inc. | 227,699 | 35,828,438 |
The Brink's Co. | 198,391 | 15,040,022 |
The GEO Group, Inc. * | 540,855 | 3,915,790 |
TriNet Group, Inc. * | 146,765 | 16,280,641 |
TrueBlue, Inc. * | 132,713 | 2,007,948 |
TTEC Holdings, Inc. | 80,501 | 2,395,710 |
UniFirst Corp. | 64,429 | 11,347,880 |
Upwork, Inc. * | 518,038 | 7,672,143 |
Verra Mobility Corp. * | 596,768 | 10,616,503 |
Viad Corp. * | 87,965 | 2,497,326 |
VSE Corp. | 45,811 | 2,599,774 |
651,695,575 | ||
Consumer Discretionary Distribution & Retail 3.1% | ||
1-800-Flowers.com, Inc., Class A * | 119,577 | 900,415 |
Abercrombie & Fitch Co., Class A * | 214,803 | 11,545,661 |
Academy Sports & Outdoors, Inc. | 329,546 | 17,983,325 |
American Eagle Outfitters, Inc. | 785,454 | 13,321,300 |
America's Car-Mart, Inc. * | 24,616 | 2,740,007 |
Arko Corp. | 317,524 | 2,390,956 |
Asbury Automotive Group, Inc. * | 92,088 | 21,180,240 |
AutoNation, Inc. * | 134,567 | 21,139,130 |
BARK, Inc. * | 454,726 | 727,562 |
Big Lots, Inc. (a) | 122,522 | 759,636 |
Boot Barn Holdings, Inc. * | 127,886 | 11,733,540 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Caleres, Inc. | 155,653 | 4,462,571 |
Camping World Holdings, Inc., Class A | 180,315 | 4,459,190 |
CarParts.com, Inc. * | 230,213 | 1,111,929 |
Chewy, Inc., Class A * | 410,268 | 9,838,227 |
Chico's FAS, Inc. * | 526,394 | 2,700,401 |
ContextLogic, Inc., Class A *(a) | 82,474 | 441,648 |
Designer Brands, Inc., Class A (a) | 219,217 | 2,303,971 |
Dick's Sporting Goods, Inc. | 263,161 | 30,616,151 |
Dillard's, Inc., Class A | 14,537 | 5,017,009 |
Foot Locker, Inc. | 339,276 | 6,656,595 |
Genesco, Inc. * | 50,526 | 1,732,031 |
Group 1 Automotive, Inc. | 60,624 | 16,030,198 |
Groupon, Inc. *(a) | 92,674 | 1,146,377 |
GrowGeneration Corp. * | 262,000 | 851,500 |
Guess?, Inc. | 126,714 | 3,048,739 |
Haverty Furniture Cos., Inc. | 59,598 | 1,865,417 |
Hibbett, Inc. | 54,054 | 2,503,241 |
Kohl's Corp. | 475,065 | 12,655,732 |
Lands' End, Inc. * | 56,037 | 431,485 |
Leslie's, Inc. * | 632,026 | 3,956,483 |
Lithia Motors, Inc. | 117,779 | 36,278,288 |
LL Flooring Holdings, Inc. * | 128,071 | 441,845 |
Macy's, Inc. | 1,167,612 | 14,279,895 |
MarineMax, Inc. * | 92,626 | 3,081,667 |
Monro, Inc. | 135,359 | 4,431,654 |
Murphy USA, Inc. | 85,678 | 27,214,760 |
National Vision Holdings, Inc. * | 334,042 | 6,116,309 |
Nordstrom, Inc. | 481,380 | 7,807,984 |
Ollie's Bargain Outlet Holdings, Inc. * | 246,309 | 18,985,498 |
Overstock.com, Inc. * | 192,670 | 5,030,614 |
Petco Health & Wellness Co., Inc. * | 340,629 | 1,733,802 |
PetMed Express, Inc. | 89,548 | 1,009,206 |
Qurate Retail, Inc. * | 1,487,109 | 1,152,509 |
Rent the Runway, Inc., Class A *(a) | 188,606 | 260,276 |
Revolve Group, Inc. * | 173,807 | 2,546,273 |
Sally Beauty Holdings, Inc. * | 456,710 | 4,640,174 |
Shoe Carnival, Inc. | 73,966 | 1,710,834 |
Signet Jewelers Ltd. | 193,467 | 14,510,025 |
Sleep Number Corp. * | 95,477 | 2,442,302 |
Sonic Automotive, Inc., Class A | 67,694 | 3,609,444 |
Sportsman's Warehouse Holdings, Inc. * | 158,922 | 764,415 |
Stitch Fix, Inc., Class A * | 321,395 | 1,410,924 |
The Aaron's Co., Inc. | 130,890 | 1,579,842 |
The Buckle, Inc. | 127,665 | 4,664,879 |
The Children's Place, Inc. * | 54,434 | 1,443,045 |
The Container Store Group, Inc. * | 140,562 | 328,915 |
The Gap, Inc. | 915,217 | 10,598,213 |
The ODP Corp. * | 145,247 | 7,163,582 |
Torrid Holdings, Inc. *(a) | 41,602 | 94,020 |
Upbound Group, Inc. | 215,548 | 6,600,080 |
Urban Outfitters, Inc. * | 256,674 | 8,524,143 |
Valvoline, Inc. | 593,802 | 20,450,541 |
Victoria's Secret & Co. * | 333,241 | 6,391,562 |
Warby Parker, Inc., Class A * | 270,125 | 3,244,201 |
Winmark Corp. | 12,008 | 4,569,404 |
Zumiez, Inc. * | 66,254 | 1,258,163 |
452,619,955 | ||
Consumer Durables & Apparel 4.3% | ||
Acushnet Holdings Corp. | 132,896 | 7,781,061 |
AMMO, Inc. * | 378,672 | 867,159 |
Beazer Homes USA, Inc. * | 125,489 | 3,678,083 |
Brunswick Corp. | 302,296 | 23,917,660 |
Capri Holdings Ltd. * | 537,721 | 28,224,975 |
Carter's, Inc. | 161,303 | 11,544,456 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Cavco Industries, Inc. * | 34,525 | 9,650,428 |
Century Communities, Inc. | 121,454 | 9,017,959 |
Columbia Sportswear Co. | 151,253 | 11,092,895 |
Crocs, Inc. * | 265,718 | 25,864,990 |
Dream Finders Homes, Inc., Class A * | 92,921 | 2,677,983 |
Ethan Allen Interiors, Inc. | 98,137 | 3,079,539 |
Figs, Inc., Class A * | 541,658 | 3,347,446 |
Fossil Group, Inc. * | 201,973 | 428,183 |
Funko, Inc., Class A * | 144,511 | 1,007,242 |
G-III Apparel Group Ltd. * | 175,116 | 3,476,053 |
GoPro, Inc., Class A * | 546,648 | 1,987,065 |
Green Brick Partners, Inc. * | 115,013 | 5,688,543 |
Hanesbrands, Inc. | 1,496,483 | 7,856,536 |
Helen of Troy Ltd. * | 102,549 | 12,605,323 |
Installed Building Products, Inc. | 99,739 | 14,435,225 |
iRobot Corp. * | 115,726 | 4,500,584 |
Johnson Outdoors, Inc., Class A | 23,396 | 1,308,070 |
KB Home | 344,084 | 17,479,467 |
Kontoor Brands, Inc. | 214,169 | 9,806,798 |
Latham Group, Inc. * | 182,797 | 676,349 |
La-Z-Boy, Inc. | 185,529 | 5,723,570 |
Levi Strauss & Co., Class A | 421,454 | 5,803,422 |
LGI Homes, Inc. * | 88,569 | 10,902,844 |
M.D.C. Holdings, Inc. | 250,694 | 11,895,430 |
M/I Homes, Inc. * | 119,053 | 11,688,624 |
Malibu Boats, Inc., Class A * | 88,367 | 4,291,102 |
Mattel, Inc. * | 1,515,046 | 33,573,419 |
Meritage Homes Corp. | 157,153 | 21,850,553 |
Movado Group, Inc. | 68,130 | 1,863,355 |
Oxford Industries, Inc. | 63,499 | 6,412,764 |
Peloton Interactive, Inc., Class A * | 1,436,807 | 9,166,829 |
Purple Innovation, Inc. (a) | 268,705 | 583,090 |
PVH Corp. | 268,410 | 22,439,076 |
Ralph Lauren Corp. | 175,795 | 20,502,971 |
Skechers U.S.A., Inc., Class A * | 574,913 | 28,923,873 |
Skyline Champion Corp. * | 227,321 | 16,201,168 |
Smith & Wesson Brands, Inc. | 194,463 | 2,282,996 |
Snap One Holdings Corp. * | 75,439 | 690,267 |
Solo Brands, Inc., Class A * | 122,552 | 685,066 |
Sonos, Inc. * | 546,799 | 7,534,890 |
Steven Madden Ltd. | 305,002 | 10,522,569 |
Sturm Ruger & Co., Inc. | 75,800 | 3,909,764 |
Taylor Morrison Home Corp. * | 466,467 | 22,110,536 |
Tempur Sealy International, Inc. | 736,493 | 34,408,953 |
TopBuild Corp. * | 135,805 | 39,394,314 |
Topgolf Callaway Brands Corp. * | 593,673 | 10,353,657 |
Traeger, Inc. * | 248,759 | 1,111,953 |
Tri Pointe Homes, Inc. * | 428,380 | 13,322,618 |
Tupperware Brands Corp. * | 160,850 | 400,516 |
Under Armour, Inc., Class A * | 1,542,384 | 11,783,814 |
United Homes Group, Inc. *(a) | 25,813 | 216,055 |
Universal Electronics, Inc. * | 52,687 | 468,914 |
Vista Outdoor, Inc. * | 243,667 | 7,127,260 |
Vizio Holding Corp., Class A * | 239,852 | 1,376,750 |
Wolverine World Wide, Inc. | 336,281 | 2,717,150 |
YETI Holdings, Inc. * | 370,424 | 18,502,679 |
622,742,883 | ||
Consumer Services 4.1% | ||
2U, Inc. * | 339,311 | 1,075,616 |
Accel Entertainment, Inc. * | 227,492 | 2,704,880 |
Adtalem Global Education, Inc. * | 186,965 | 8,198,415 |
Bally's Corp. * | 115,083 | 1,910,378 |
BJ's Restaurants, Inc. * | 99,843 | 2,936,383 |
Bloomin' Brands, Inc. | 373,261 | 10,473,704 |
Bowlero Corp. * | 154,354 | 1,697,894 |
Boyd Gaming Corp. | 328,563 | 21,971,008 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Bright Horizons Family Solutions, Inc. * | 247,140 | 23,334,959 |
Brinker International, Inc. * | 189,734 | 6,209,994 |
Carriage Services, Inc. | 55,770 | 1,718,831 |
Chegg, Inc. * | 509,629 | 5,203,312 |
Choice Hotels International, Inc. | 113,213 | 14,366,730 |
Churchill Downs, Inc. | 281,912 | 35,317,935 |
Chuy's Holdings, Inc. * | 78,014 | 2,972,333 |
Coursera, Inc. * | 373,420 | 6,493,774 |
Cracker Barrel Old Country Store, Inc. | 94,850 | 7,818,486 |
Dave & Buster's Entertainment, Inc. * | 171,254 | 6,725,145 |
Denny's Corp. * | 236,702 | 2,255,770 |
Dine Brands Global, Inc. | 66,584 | 3,647,472 |
Duolingo, Inc. * | 120,511 | 17,734,399 |
Dutch Bros, Inc., Class A *(a) | 125,853 | 3,726,507 |
El Pollo Loco Holdings, Inc. | 83,511 | 794,190 |
Everi Holdings, Inc. * | 378,794 | 5,477,361 |
First Watch Restaurant Group, Inc. * | 48,277 | 923,056 |
Frontdoor, Inc. * | 348,643 | 11,442,463 |
Golden Entertainment, Inc. | 95,292 | 3,469,582 |
Graham Holdings Co., Class B | 16,125 | 9,454,571 |
Grand Canyon Education, Inc. * | 131,439 | 15,411,223 |
H&R Block, Inc. | 651,052 | 26,029,059 |
Hilton Grand Vacations, Inc. * | 328,661 | 14,369,059 |
Hyatt Hotels Corp., Class A | 200,028 | 22,485,148 |
Jack in the Box, Inc. | 88,264 | 7,093,778 |
Krispy Kreme, Inc. | 285,365 | 3,821,037 |
Laureate Education, Inc. | 578,139 | 8,053,476 |
Life Time Group Holdings, Inc. * | 240,261 | 4,132,489 |
Light & Wonder, Inc. * | 390,235 | 29,919,317 |
Lindblad Expeditions Holdings, Inc. * | 142,807 | 1,292,403 |
Marriott Vacations Worldwide Corp. | 157,509 | 17,119,653 |
Mister Car Wash, Inc. * | 347,788 | 2,517,985 |
Monarch Casino & Resort, Inc. | 57,488 | 3,874,691 |
OneSpaWorld Holdings Ltd. * | 269,551 | 3,083,663 |
Papa John's International, Inc. | 126,982 | 9,612,537 |
Penn Entertainment, Inc. * | 657,782 | 15,582,856 |
Perdoceo Education Corp. | 290,812 | 4,818,755 |
Planet Fitness, Inc., Class A * | 363,874 | 22,123,539 |
Playa Hotels & Resorts N.V. * | 531,437 | 3,964,520 |
Portillo's, Inc., Class A * | 175,830 | 3,224,722 |
Red Rock Resorts, Inc., Class A | 210,305 | 9,238,699 |
Rover Group, Inc. * | 414,833 | 2,808,419 |
Rush Street Interactive, Inc. * | 245,853 | 1,130,924 |
Sabre Corp. * | 1,423,553 | 7,117,765 |
SeaWorld Entertainment, Inc. * | 169,473 | 8,253,335 |
Shake Shack, Inc., Class A * | 159,725 | 11,180,750 |
Six Flags Entertainment Corp. * | 317,101 | 7,280,639 |
Sonder Holdings, Inc. * | 587,874 | 293,937 |
Strategic Education, Inc. | 95,788 | 7,423,570 |
Stride, Inc. * | 174,783 | 7,426,530 |
Sweetgreen, Inc., Class A * | 322,212 | 4,626,964 |
Target Hospitality Corp. * | 110,209 | 1,752,323 |
Texas Roadhouse, Inc. | 286,842 | 29,860,252 |
The Cheesecake Factory, Inc. | 204,215 | 6,504,248 |
The Wendy's Co. | 722,814 | 14,304,489 |
Travel & Leisure Co. | 326,447 | 13,123,169 |
Udemy, Inc. * | 289,743 | 3,001,737 |
Vacasa, Inc., Class A * | 363,945 | 219,095 |
Wingstop, Inc. | 128,128 | 20,582,482 |
WW International, Inc. * | 258,735 | 2,512,317 |
597,226,702 | ||
Consumer Staples Distribution & Retail 1.0% | ||
Casey's General Stores, Inc. | 159,387 | 38,955,777 |
Grocery Outlet Holding Corp. * | 382,234 | 11,791,919 |
Ingles Markets, Inc., Class A | 61,554 | 4,809,214 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Performance Food Group Co. * | 667,910 | 41,497,248 |
PriceSmart, Inc. | 107,273 | 8,526,058 |
Rite Aid Corp. *(a)(b) | 240,393 | 185,103 |
SpartanNash Co. | 151,228 | 3,290,721 |
Sprouts Farmers Market, Inc. * | 440,998 | 17,988,308 |
The Andersons, Inc. | 134,437 | 6,904,684 |
The Chefs' Warehouse, Inc. * | 150,031 | 4,281,885 |
United Natural Foods, Inc. * | 252,783 | 5,088,522 |
Weis Markets, Inc. | 70,666 | 4,584,103 |
147,903,542 | ||
Energy 5.7% | ||
Antero Midstream Corp. | 1,434,776 | 17,389,485 |
Archrock, Inc. | 576,450 | 7,372,795 |
Atlas Energy Solutions, Inc., Class A (a) | 77,241 | 1,644,461 |
Bristow Group, Inc. * | 99,971 | 2,769,197 |
Cactus, Inc., Class A | 275,629 | 14,702,051 |
California Resources Corp. | 301,900 | 16,858,096 |
Callon Petroleum Co. * | 219,679 | 8,618,007 |
ChampionX Corp. | 845,671 | 30,520,266 |
Chord Energy Corp. | 177,959 | 28,740,378 |
Civitas Resources, Inc. | 210,037 | 17,269,242 |
Clean Energy Fuels Corp. * | 748,230 | 3,187,460 |
Clean Energy Technologies, Inc. * | 40,136 | 61,809 |
CNX Resources Corp. * | 707,632 | 15,815,575 |
Comstock Resources, Inc. | 389,820 | 4,779,193 |
CONSOL Energy, Inc. | 136,154 | 11,714,690 |
Core Laboratories, Inc. | 200,656 | 4,823,770 |
CVR Energy, Inc. | 124,300 | 4,064,610 |
Delek US Holdings, Inc. | 281,018 | 7,236,213 |
Denbury, Inc. * | 215,055 | 19,694,737 |
Diamond Offshore Drilling, Inc. * | 434,215 | 6,456,777 |
DMC Global, Inc. * | 79,265 | 1,903,945 |
Dril-Quip, Inc. * | 146,856 | 4,050,288 |
DTE Midstream LLC | 414,232 | 21,660,191 |
Earthstone Energy, Inc., Class A * | 164,979 | 3,362,272 |
Enviva, Inc. | 130,543 | 1,200,996 |
Equitrans Midstream Corp. | 1,849,946 | 17,759,482 |
Excelerate Energy, Inc., Class A | 73,438 | 1,365,947 |
Expro Group Holdings N.V. * | 293,359 | 6,896,870 |
Granite Ridge Resources, Inc. (a) | 61,132 | 452,377 |
Green Plains, Inc. * | 254,551 | 7,901,263 |
Gulfport Energy Corp. * | 46,742 | 5,515,556 |
Helix Energy Solutions Group, Inc. * | 612,129 | 6,206,988 |
Helmerich & Payne, Inc. | 438,839 | 17,549,172 |
HighPeak Energy, Inc. (a) | 58,019 | 854,620 |
International Seaways, Inc. | 173,016 | 7,434,498 |
Kinetik Holdings, Inc. | 100,869 | 3,541,511 |
Kosmos Energy Ltd. * | 1,965,489 | 14,308,760 |
Liberty Energy, Inc. | 635,163 | 10,130,850 |
Magnolia Oil & Gas Corp., Class A | 725,156 | 16,533,557 |
Matador Resources Co. | 484,122 | 30,741,747 |
Murphy Oil Corp. | 628,513 | 28,534,490 |
Nabors Industries Ltd. * | 38,688 | 4,282,375 |
NexTier Oilfield Solutions, Inc. * | 642,162 | 6,813,339 |
Noble Corp. plc | 444,056 | 23,419,513 |
Northern Oil and Gas, Inc. | 346,001 | 14,473,222 |
NOV, Inc. | 1,684,842 | 35,600,711 |
Oceaneering International, Inc. * | 430,925 | 9,820,781 |
Par Pacific Holdings, Inc. * | 240,193 | 8,250,630 |
Patterson-UTI Energy, Inc. | 889,108 | 12,571,987 |
PBF Energy, Inc., Class A | 468,989 | 21,990,894 |
Peabody Energy Corp. | 502,356 | 10,840,842 |
Permian Resources Corp. | 1,008,529 | 14,300,941 |
ProFrac Holding Corp., Class A *(a) | 135,928 | 1,495,208 |
ProPetro Holding Corp. * | 415,495 | 4,005,372 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Range Resources Corp. | 1,032,591 | 33,435,297 |
RPC, Inc. | 354,378 | 2,831,480 |
SM Energy Co. | 515,285 | 21,801,708 |
Southwestern Energy Co. * | 4,715,520 | 31,971,226 |
Talos Energy, Inc. * | 460,193 | 7,924,523 |
TechnipFMC plc | 1,889,503 | 35,976,137 |
Tellurian, Inc. *(a) | 2,167,089 | 2,427,140 |
Transocean Ltd. * | 3,013,787 | 24,652,778 |
Uranium Energy Corp. * | 1,609,796 | 6,954,319 |
US Silica Holdings, Inc. * | 329,811 | 4,066,570 |
Valaris Ltd. * | 257,629 | 19,404,616 |
Verde Clean Fuels, Inc. *(a) | 25,100 | 106,173 |
Vital Energy, Inc. * | 79,588 | 4,798,361 |
Weatherford International plc * | 280,326 | 24,814,458 |
World Fuel Services Corp. | 266,232 | 5,830,481 |
826,485,274 | ||
Equity Real Estate Investment Trusts (REITs) 5.3% | ||
Acadia Realty Trust | 407,937 | 6,074,182 |
Agree Realty Corp. | 398,270 | 24,621,051 |
Alexander & Baldwin, Inc. | 311,459 | 5,609,377 |
Alexander's, Inc. | 9,094 | 1,743,775 |
American Assets Trust, Inc. | 224,408 | 4,804,575 |
Apartment Investment & Management Co., Class A | 632,613 | 4,814,185 |
Apple Hospitality REIT, Inc. | 912,582 | 13,706,982 |
Armada Hoffler Properties, Inc. | 288,770 | 3,289,090 |
Brandywine Realty Trust | 733,685 | 3,668,425 |
Brixmor Property Group, Inc. | 1,283,933 | 28,220,847 |
Broadstone Net Lease, Inc. | 799,866 | 12,933,833 |
CareTrust REIT, Inc. | 424,372 | 8,551,096 |
Centerspace | 63,681 | 4,122,708 |
Chatham Lodging Trust | 206,544 | 2,020,000 |
City Office REIT, Inc. | 170,645 | 860,051 |
Community Healthcare Trust, Inc. | 104,800 | 3,478,312 |
Corporate Office Properties Trust | 482,651 | 12,491,008 |
Cousins Properties, Inc. | 649,585 | 15,265,248 |
DiamondRock Hospitality Co. | 897,340 | 7,232,560 |
Diversified Healthcare Trust | 1,024,197 | 2,780,695 |
Douglas Emmett, Inc. | 729,648 | 9,974,288 |
Easterly Government Properties, Inc. | 398,475 | 5,327,611 |
EastGroup Properties, Inc. | 190,056 | 34,139,759 |
Elme Communities | 377,701 | 5,809,041 |
Empire State Realty Trust, Inc., Class A | 555,969 | 4,853,609 |
EPR Properties | 322,467 | 14,440,072 |
Equity Commonwealth | 470,441 | 8,952,492 |
Essential Properties Realty Trust, Inc. | 638,101 | 15,327,186 |
First Industrial Realty Trust, Inc. | 566,327 | 29,415,024 |
Four Corners Property Trust, Inc. | 373,016 | 9,385,083 |
Franklin Street Properties Corp. | 382,202 | 733,828 |
Getty Realty Corp. | 192,103 | 5,766,932 |
Gladstone Commercial Corp. | 169,124 | 2,223,981 |
Global Medical REIT, Inc. | 268,448 | 2,598,577 |
Global Net Lease, Inc. | 444,085 | 5,040,365 |
Highwoods Properties, Inc. | 450,688 | 10,739,895 |
Hudson Pacific Properties, Inc. | 548,038 | 3,732,139 |
Independence Realty Trust, Inc. | 958,324 | 16,128,593 |
Industrial Logistics Properties Trust | 274,819 | 1,080,039 |
Innovative Industrial Properties, Inc. | 119,772 | 10,453,700 |
InvenTrust Properties Corp. | 289,247 | 6,915,896 |
JBG SMITH Properties | 414,919 | 6,505,930 |
Kite Realty Group Trust | 937,771 | 21,165,491 |
LTC Properties, Inc. | 176,586 | 5,802,616 |
LXP Industrial Trust | 1,250,689 | 12,281,766 |
National Health Investors, Inc. | 185,428 | 9,480,934 |
National Storage Affiliates Trust | 349,932 | 11,757,715 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
NexPoint Diversified Real Estate Trust | 138,974 | 1,314,694 |
NexPoint Residential Trust, Inc. | 98,607 | 3,702,693 |
Office Properties Income Trust | 204,940 | 1,516,556 |
One Liberty Properties, Inc. | 72,438 | 1,423,407 |
Orion Office REIT, Inc. | 240,716 | 1,403,374 |
Outfront Media, Inc. | 626,473 | 7,110,469 |
Paramount Group, Inc. | 692,661 | 3,560,278 |
Park Hotels & Resorts, Inc. | 920,675 | 11,812,260 |
Peakstone Realty Trust (a) | 154,939 | 3,044,551 |
Pebblebrook Hotel Trust | 526,057 | 7,612,045 |
Phillips Edison & Co., Inc. | 501,546 | 16,982,348 |
Physicians Realty Trust | 1,017,610 | 14,154,955 |
Piedmont Office Realty Trust, Inc., Class A | 527,068 | 3,620,957 |
PotlatchDeltic Corp. | 341,263 | 16,128,089 |
Rayonier, Inc. | 634,159 | 18,961,354 |
Retail Opportunity Investments Corp. | 537,603 | 7,236,136 |
RLJ Lodging Trust | 683,836 | 6,831,522 |
RPT Realty | 372,636 | 4,225,692 |
Ryman Hospitality Properties, Inc. | 252,677 | 21,485,125 |
Sabra Health Care REIT, Inc. | 992,121 | 12,431,276 |
Safehold, Inc. | 172,361 | 3,667,842 |
Saul Centers, Inc. | 54,751 | 2,056,448 |
Service Properties Trust | 711,573 | 5,877,593 |
SITE Centers Corp. | 781,289 | 10,430,208 |
SL Green Realty Corp. (a) | 275,241 | 10,805,962 |
Spirit Realty Capital, Inc. | 603,946 | 23,318,355 |
STAG Industrial, Inc. | 766,382 | 27,995,934 |
Star Holdings * | 56,489 | 769,380 |
Strawberry Fields REIT, Inc. (a) | 10,158 | 69,867 |
Summit Hotel Properties, Inc. | 454,063 | 2,638,106 |
Sunstone Hotel Investors, Inc. | 887,354 | 7,968,439 |
Tanger Factory Outlet Centers, Inc. | 451,432 | 10,495,794 |
Terreno Realty Corp. | 316,936 | 19,298,233 |
The Macerich Co. | 922,363 | 10,782,423 |
The Necessity Retail REIT, Inc. | 578,463 | 4,338,473 |
UMH Properties, Inc. | 241,874 | 3,616,016 |
Uniti Group, Inc. | 1,025,329 | 5,506,017 |
Universal Health Realty Income Trust | 54,262 | 2,530,237 |
Urban Edge Properties | 503,894 | 8,243,706 |
Veris Residential, Inc. * | 341,911 | 6,362,964 |
Xenia Hotels & Resorts, Inc. | 465,823 | 5,496,711 |
773,147,051 | ||
Financial Services 6.6% | ||
Affiliated Managers Group, Inc. | 154,359 | 20,685,650 |
Alerus Financial Corp. | 73,804 | 1,439,178 |
AlTi Global, Inc. *(a) | 97,088 | 709,713 |
Apollo Commercial Real Estate Finance, Inc. | 559,189 | 6,106,344 |
Arbor Realty Trust, Inc. (a) | 774,406 | 12,359,520 |
ARMOUR Residential REIT, Inc. | 836,667 | 4,108,035 |
Artisan Partners Asset Management, Inc., Class A | 292,821 | 11,250,183 |
Assetmark Financial Holdings, Inc. * | 90,880 | 2,625,523 |
Avantax, Inc. * | 164,649 | 3,444,457 |
AvidXchange Holdings, Inc. * | 575,776 | 5,918,977 |
B. Riley Financial, Inc. (a) | 67,060 | 3,433,807 |
BGC Group, Inc., Class A | 1,446,082 | 7,143,645 |
Blackstone Mortgage Trust, Inc., Class A | 736,113 | 16,209,208 |
Blue Owl Capital, Inc. | 1,525,969 | 18,235,330 |
Bread Financial Holdings, Inc. | 213,568 | 8,025,885 |
Brightsphere Investment Group, Inc. | 137,925 | 2,856,427 |
BrightSpire Capital, Inc. | 560,255 | 3,899,375 |
Cannae Holdings, Inc. * | 302,635 | 5,940,725 |
Cantaloupe, Inc. * | 238,367 | 1,887,867 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Cass Information Systems, Inc. | 51,800 | 1,986,012 |
Chimera Investment Corp. | 996,216 | 6,027,107 |
Claros Mortgage Trust, Inc. | 523,904 | 5,967,267 |
Cohen & Steers, Inc. | 107,139 | 6,983,320 |
Curo Group Holdings Corp. * | 91,433 | 98,748 |
Diamond Hill Investment Group, Inc. | 12,649 | 2,134,645 |
Donnelley Financial Solutions, Inc. * | 108,493 | 5,345,450 |
Dynex Capital, Inc. | 229,842 | 2,978,752 |
Ellington Financial, Inc. | 270,069 | 3,610,823 |
Enact Holdings, Inc. | 126,018 | 3,611,676 |
Encore Capital Group, Inc. * | 100,655 | 4,716,693 |
Enova International, Inc. * | 133,733 | 6,746,830 |
Essent Group Ltd. | 458,439 | 23,022,807 |
Euronet Worldwide, Inc. * | 201,773 | 17,626,889 |
Evercore, Inc., Class A | 150,860 | 21,127,943 |
EVERTEC, Inc. | 278,202 | 11,008,453 |
Federal Agricultural Mortgage Corp., Class C | 42,142 | 7,093,341 |
Federated Hermes, Inc. | 364,426 | 12,667,448 |
FirstCash Holdings, Inc. | 157,705 | 14,086,211 |
Flywire Corp. * | 313,965 | 10,856,910 |
Focus Financial Partners, Inc., Class A *(c) | 248,826 | 13,187,778 |
Forge Global Holdings, Inc. *(a) | 444,498 | 1,089,020 |
Franklin BSP Realty Trust, Inc. | 350,222 | 4,952,139 |
Granite Point Mortgage Trust, Inc. | 220,331 | 1,176,568 |
Green Dot Corp., Class A * | 200,510 | 2,975,568 |
Hamilton Lane, Inc., Class A | 154,941 | 14,376,975 |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 449,436 | 10,053,883 |
Houlihan Lokey, Inc. | 215,712 | 22,723,102 |
Interactive Brokers Group, Inc., Class A | 440,550 | 40,125,294 |
International Money Express, Inc. * | 138,392 | 2,394,182 |
Invesco Mortgage Capital, Inc. | 180,026 | 2,025,292 |
Jackson Financial, Inc., Class A | 250,394 | 9,414,814 |
Janus Henderson Group plc | 567,536 | 15,590,214 |
KKR Real Estate Finance Trust, Inc. | 246,923 | 3,089,007 |
Ladder Capital Corp. | 485,851 | 5,324,927 |
Lazard Ltd., Class A | 481,390 | 16,723,489 |
LendingClub Corp. * | 456,290 | 3,175,778 |
LendingTree, Inc. * | 46,453 | 878,426 |
Marqeta, Inc., Class A * | 1,864,296 | 11,465,420 |
Merchants Bancorp | 110,243 | 3,215,788 |
MFA Financial, Inc. | 385,612 | 4,226,307 |
MGIC Investment Corp. | 1,227,442 | 21,578,430 |
Moelis & Co., Class A | 284,306 | 13,478,947 |
Moneylion, Inc. * | 17,815 | 398,700 |
Mr Cooper Group, Inc. * | 290,846 | 16,479,334 |
Navient Corp. | 424,040 | 7,484,306 |
Nelnet, Inc., Class A | 76,626 | 7,038,098 |
NerdWallet, Inc., Class A * | 148,000 | 1,332,000 |
New York Mortgage Trust, Inc. | 388,913 | 3,702,452 |
NewtekOne, Inc. (a) | 106,500 | 1,907,415 |
NMI Holdings, Inc., Class A * | 356,232 | 10,195,360 |
OneMain Holdings, Inc. | 515,480 | 21,397,575 |
Open Lending Corp., Class A * | 426,711 | 3,520,366 |
Payoneer Global, Inc. * | 876,263 | 5,424,068 |
PennyMac Financial Services, Inc. | 128,214 | 9,201,919 |
PennyMac Mortgage Investment Trust | 372,926 | 5,000,938 |
Piper Sandler Cos. | 63,303 | 9,430,881 |
PJT Partners, Inc., Class A | 106,547 | 8,416,148 |
PRA Group, Inc. * | 166,328 | 3,240,069 |
PROG Holdings, Inc. * | 200,147 | 6,865,042 |
Radian Group, Inc. | 667,565 | 18,077,660 |
Ready Capital Corp. | 691,248 | 7,548,428 |
Redwood Trust, Inc. | 485,273 | 3,887,037 |
Remitly Global, Inc. * | 434,754 | 10,934,063 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Repay Holdings Corp. * | 319,093 | 2,942,037 |
Rithm Capital Corp. | 2,065,409 | 21,294,367 |
Robinhood Markets, Inc., Class A * | 2,222,828 | 24,206,597 |
Rocket Cos., Inc., Class A *(a) | 539,813 | 5,765,203 |
SHF Holdings, Inc. * | 113,993 | 47,307 |
Shift4 Payments, Inc., Class A * | 245,573 | 13,946,091 |
SLM Corp. | 1,039,374 | 14,800,686 |
StepStone Group, Inc., Class A | 210,687 | 6,503,908 |
Stifel Financial Corp. | 454,537 | 29,553,996 |
StoneX Group, Inc. * | 75,220 | 7,061,654 |
TFS Financial Corp. | 202,550 | 2,756,705 |
Toast, Inc., Class A * | 1,444,260 | 32,019,244 |
TPG RE Finance Trust, Inc. | 258,282 | 1,942,281 |
TPG, Inc. | 221,676 | 6,233,529 |
Tradeweb Markets, Inc., Class A | 490,724 | 42,413,275 |
Two Harbors Investment Corp. | 415,278 | 5,718,378 |
Upstart Holdings, Inc. *(a) | 303,248 | 9,755,488 |
UWM Holdings Corp. (a) | 402,601 | 2,399,502 |
Victory Capital Holdings, Inc., Class A | 113,724 | 3,914,380 |
Virtu Financial, Inc., Class A | 380,780 | 7,135,817 |
Virtus Investment Partners, Inc. | 29,395 | 6,087,704 |
Walker & Dunlop, Inc. | 132,689 | 11,323,679 |
Waterstone Financial, Inc. | 84,856 | 1,053,063 |
WisdomTree, Inc. | 489,862 | 3,575,993 |
World Acceptance Corp. * | 14,255 | 1,921,717 |
953,072,982 | ||
Food, Beverage & Tobacco 1.9% | ||
B&G Foods, Inc. | 310,333 | 3,969,159 |
Benson Hill, Inc. * | 547,682 | 349,914 |
Beyond Meat, Inc. *(a) | 258,198 | 3,046,736 |
BRC, Inc., Class A *(a) | 178,152 | 805,247 |
Calavo Growers, Inc. | 75,199 | 2,478,559 |
Cal-Maine Foods, Inc. | 162,331 | 7,757,798 |
Celsius Holdings, Inc. * | 173,936 | 34,098,413 |
Coca-Cola Consolidated, Inc. | 19,705 | 13,771,824 |
Flowers Foods, Inc. | 824,346 | 19,421,592 |
Fresh Del Monte Produce, Inc. | 132,613 | 3,388,262 |
Freshpet, Inc. * | 205,905 | 15,547,887 |
Hostess Brands, Inc. * | 569,257 | 16,212,439 |
Ingredion, Inc. | 282,678 | 29,090,393 |
J&J Snack Foods Corp. | 64,051 | 10,384,589 |
John B Sanfilippo & Son, Inc. | 38,576 | 3,871,102 |
Lancaster Colony Corp. | 84,819 | 14,011,251 |
MGP Ingredients, Inc. | 65,962 | 7,908,844 |
Mission Produce, Inc. * | 172,231 | 1,639,639 |
National Beverage Corp. * | 100,278 | 5,145,264 |
Pilgrim's Pride Corp. * | 191,219 | 4,811,070 |
Seaboard Corp. | 1,085 | 4,090,808 |
Sovos Brands, Inc. * | 208,881 | 4,678,934 |
The Boston Beer Co., Inc., Class A * | 40,197 | 14,689,190 |
The Duckhorn Portfolio, Inc. * | 180,508 | 2,245,520 |
The Hain Celestial Group, Inc. * | 380,368 | 4,028,097 |
The Simply Good Foods Co. * | 362,501 | 13,079,036 |
The Vita Coco Co., Inc. * | 102,180 | 2,890,672 |
Tootsie Roll Industries, Inc. | 76,836 | 2,470,277 |
TreeHouse Foods, Inc. * | 216,178 | 10,056,601 |
Turning Point Brands, Inc. | 64,459 | 1,586,981 |
Universal Corp. | 105,632 | 5,030,196 |
Utz Brands, Inc. | 285,923 | 4,414,651 |
Vector Group Ltd. | 566,284 | 6,064,902 |
Vital Farms, Inc. * | 114,145 | 1,344,628 |
Westrock Coffee Co. *(a) | 51,523 | 517,291 |
274,897,766 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Health Care Equipment & Services 5.7% | ||
23andMe Holding Co., Class A * | 1,223,888 | 1,346,277 |
Acadia Healthcare Co., Inc. * | 394,070 | 30,382,797 |
Accolade, Inc. * | 274,642 | 3,704,921 |
AdaptHealth Corp. * | 326,239 | 3,892,031 |
Addus HomeCare Corp. * | 69,426 | 6,088,660 |
Agiliti, Inc. * | 142,435 | 1,374,498 |
AirSculpt Technologies, Inc. *(a) | 36,948 | 283,761 |
Akili, Inc., Class A * | 140,341 | 137,562 |
Alignment Healthcare, Inc. * | 349,154 | 2,039,059 |
Amedisys, Inc. * | 139,610 | 13,088,438 |
American Well Corp., Class A * | 1,048,718 | 1,489,180 |
AMN Healthcare Services, Inc. * | 169,729 | 15,000,649 |
AngioDynamics, Inc. * | 167,373 | 1,344,005 |
Apollo Medical Holdings, Inc. * | 171,958 | 6,510,330 |
Artivion, Inc. * | 177,134 | 2,997,107 |
AtriCure, Inc. * | 202,220 | 9,130,233 |
Atrion Corp. | 5,661 | 2,632,931 |
Avanos Medical, Inc. * | 200,661 | 4,221,907 |
Aveanna Healthcare Holdings, Inc. * | 200,935 | 289,346 |
AxoGen, Inc. * | 179,197 | 1,121,773 |
Axonics, Inc. * | 215,448 | 12,345,170 |
Bioventus, Inc., Class A *(a) | 130,694 | 470,498 |
Brookdale Senior Living, Inc. * | 811,550 | 3,449,088 |
Bullfrog AI Holdings, Inc. *(a) | 7,048 | 23,117 |
Butterfly Network, Inc. *(a) | 628,606 | 1,112,633 |
Cano Health, Inc. *(a) | 882,889 | 273,078 |
Castle Biosciences, Inc. * | 105,496 | 2,102,535 |
Certara, Inc. * | 452,514 | 7,312,626 |
Cerus Corp. * | 760,377 | 1,437,113 |
Clover Health Investments Corp. * | 1,408,047 | 1,844,542 |
Community Health Systems, Inc. * | 547,535 | 1,850,668 |
Computer Programs & Systems, Inc. * | 60,601 | 985,978 |
CONMED Corp. | 130,924 | 14,592,789 |
CorVel Corp. * | 38,918 | 8,423,801 |
Definitive Healthcare Corp., Class A * | 171,616 | 1,613,190 |
DocGo, Inc. * | 356,868 | 3,193,969 |
Doximity, Inc., Class A * | 508,822 | 12,130,316 |
Embecta Corp. | 243,263 | 4,459,011 |
Enovis Corp. * | 204,909 | 11,483,100 |
Envista Holdings Corp. * | 699,674 | 22,403,561 |
Evolent Health, Inc., Class A * | 409,558 | 10,447,825 |
Fulgent Genetics, Inc. * | 86,202 | 2,823,978 |
GeneDx Holdings Corp. * | 78,111 | 347,594 |
Glaukos Corp. * | 206,660 | 15,528,432 |
Globus Medical, Inc., Class A * | 341,524 | 18,476,448 |
GoodRx Holdings, Inc., Class A * | 326,120 | 2,129,564 |
Haemonetics Corp. * | 215,607 | 19,346,416 |
Health Catalyst, Inc. * | 241,749 | 2,826,046 |
HealthEquity, Inc. * | 365,286 | 24,675,069 |
HealthStream, Inc. | 102,283 | 2,151,012 |
Hims & Hers Health, Inc. * | 524,790 | 3,521,341 |
ICU Medical, Inc. * | 86,496 | 12,544,515 |
Inari Medical, Inc. * | 219,811 | 14,643,809 |
Innovage Holding Corp. * | 79,851 | 437,583 |
Inogen, Inc. * | 97,005 | 602,401 |
Inspire Medical Systems, Inc. * | 124,912 | 28,340,035 |
Integer Holdings Corp. * | 142,646 | 12,169,130 |
Integra LifeSciences Holdings Corp. * | 304,098 | 12,936,329 |
Invitae Corp. *(a) | 1,047,337 | 967,844 |
iRhythm Technologies, Inc. * | 130,142 | 13,452,779 |
Lantheus Holdings, Inc. * | 292,199 | 19,998,100 |
LeMaitre Vascular, Inc. | 83,632 | 4,834,766 |
LifeStance Health Group, Inc. * | 399,314 | 3,278,368 |
LivaNova plc * | 230,251 | 12,790,443 |
Merit Medical Systems, Inc. * | 245,905 | 16,052,678 |
ModivCare, Inc. * | 54,036 | 1,734,556 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Multiplan Corp. * | 997,115 | 1,705,067 |
National HealthCare Corp. | 58,078 | 3,830,244 |
National Research Corp. | 59,543 | 2,488,897 |
Neogen Corp. * | 924,741 | 21,380,012 |
NeoGenomics, Inc. * | 544,025 | 8,176,696 |
Nevro Corp. * | 153,783 | 3,081,811 |
NextGen Healthcare, Inc. * | 227,136 | 4,136,147 |
NuVasive, Inc. * | 225,279 | 8,954,840 |
OmniAb, Inc., Class A *(c) | 25,234 | 0 |
OmniAb, Inc., Class B *(c) | 25,234 | 0 |
Omnicell, Inc. * | 192,651 | 10,954,136 |
OPKO Health, Inc. * | 1,740,893 | 3,185,834 |
Option Care Health, Inc. * | 706,917 | 24,621,919 |
OraSure Technologies, Inc. * | 308,746 | 1,994,499 |
Orchestra BioMed Holdings, Inc. *(a) | 61,887 | 386,175 |
Orthofix Medical, Inc. * | 150,230 | 3,178,867 |
OrthoPediatrics Corp. * | 70,831 | 2,707,161 |
Outset Medical, Inc. * | 211,336 | 2,876,283 |
Owens & Minor, Inc. * | 326,842 | 5,523,630 |
Paragon 28, Inc. * | 117,572 | 1,684,807 |
Patterson Cos., Inc. | 371,832 | 11,169,833 |
Pediatrix Medical Group, Inc. * | 353,508 | 4,995,068 |
PetIQ, Inc. * | 108,034 | 2,061,289 |
Phreesia, Inc. * | 227,569 | 6,478,889 |
Premier, Inc., Class A | 510,856 | 10,998,730 |
Privia Health Group, Inc. * | 401,398 | 10,536,698 |
PROCEPT BioRobotics Corp. * | 140,671 | 4,798,288 |
Progyny, Inc. * | 326,797 | 12,202,600 |
ProSomnus, Inc. * | 33,056 | 35,039 |
Pulmonx Corp. * | 159,785 | 1,671,351 |
QuidelOrtho Corp. * | 230,944 | 19,020,548 |
RadNet, Inc. * | 244,846 | 8,180,305 |
Schrodinger, Inc. * | 229,067 | 8,450,282 |
Select Medical Holdings Corp. | 447,191 | 13,062,449 |
Semler Scientific, Inc. * | 21,179 | 558,278 |
Senseonics Holdings, Inc. *(a) | 2,031,213 | 1,032,262 |
Sharecare, Inc. * | 1,355,518 | 1,284,489 |
SI-BONE, Inc. * | 132,866 | 3,039,974 |
Sight Sciences, Inc. * | 110,542 | 725,156 |
Silk Road Medical, Inc. * | 166,475 | 3,216,297 |
Simulations Plus, Inc. | 67,483 | 3,002,319 |
STAAR Surgical Co. * | 206,548 | 8,955,921 |
Surgery Partners, Inc. * | 297,481 | 10,786,661 |
Surmodics, Inc. * | 61,416 | 2,261,337 |
Tandem Diabetes Care, Inc. * | 275,847 | 7,547,174 |
Tenet Healthcare Corp. * | 436,304 | 33,839,738 |
The Ensign Group, Inc. | 239,552 | 24,007,901 |
The Joint Corp. * | 62,192 | 577,764 |
The Pennant Group, Inc. * | 120,112 | 1,438,942 |
TransMedics Group, Inc. * | 139,170 | 9,133,727 |
Treace Medical Concepts, Inc. * | 150,933 | 2,347,008 |
US Physical Therapy, Inc. | 62,969 | 6,349,164 |
Varex Imaging Corp. * | 173,794 | 3,418,528 |
Veradigm, Inc. * | 468,735 | 6,271,674 |
Vicarious Surgical, Inc. * | 167,415 | 154,792 |
Zimvie, Inc. * | 90,085 | 1,063,003 |
831,179,812 | ||
Household & Personal Products 1.1% | ||
BellRing Brands, Inc. * | 567,756 | 23,561,874 |
Central Garden & Pet Co. * | 41,272 | 1,821,746 |
Central Garden & Pet Co., Class A * | 177,024 | 7,222,579 |
Coty, Inc., Class A * | 1,567,272 | 18,117,664 |
Edgewell Personal Care Co. | 218,617 | 8,429,872 |
elf Beauty, Inc. * | 216,309 | 30,004,221 |
Energizer Holdings, Inc. | 283,892 | 9,751,690 |
Herbalife Ltd. * | 422,576 | 6,347,092 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Inter Parfums, Inc. | 76,924 | 10,748,590 |
Medifast, Inc. | 46,661 | 3,935,389 |
Nu Skin Enterprises, Inc., Class A | 213,764 | 5,106,822 |
Spectrum Brands Holdings, Inc. | 174,963 | 14,551,673 |
The Beauty Health Co. * | 392,494 | 2,417,763 |
The Honest Co., Inc. * | 251,474 | 372,182 |
USANA Health Sciences, Inc. * | 48,487 | 3,117,229 |
Veru, Inc. *(a) | 241,523 | 251,184 |
WD-40 Co. | 58,153 | 12,495,335 |
158,252,905 | ||
Insurance 3.0% | ||
Ambac Financial Group, Inc. * | 191,608 | 2,467,911 |
American Equity Investment Life Holding Co. | 269,884 | 14,487,373 |
AMERISAFE, Inc. | 82,851 | 4,291,682 |
Argo Group International Holdings Ltd. | 149,201 | 4,438,730 |
Assured Guaranty Ltd. | 254,073 | 14,949,655 |
Axis Capital Holdings Ltd. | 332,187 | 18,223,779 |
Bright Health Group, Inc. * | 13,412 | 113,466 |
Brighthouse Financial, Inc. * | 285,411 | 14,173,510 |
BRP Group, Inc., Class A * | 271,730 | 7,225,301 |
CNO Financial Group, Inc. | 491,220 | 11,494,548 |
Employers Holdings, Inc. | 115,927 | 4,547,816 |
Enstar Group Ltd. * | 58,195 | 14,740,212 |
First American Financial Corp. | 440,987 | 27,200,078 |
Genworth Financial, Inc., Class A * | 2,049,585 | 11,867,097 |
Goosehead Insurance, Inc., Class A * | 100,114 | 6,993,964 |
Hagerty, Inc., Class A *(a) | 134,744 | 1,231,560 |
Hippo Holdings, Inc. * | 64,679 | 645,496 |
Horace Mann Educators Corp. | 173,697 | 4,978,156 |
James River Group Holdings Ltd. | 160,101 | 2,331,071 |
Kemper Corp. | 274,162 | 12,877,389 |
Kinsale Capital Group, Inc. | 93,133 | 37,125,608 |
Lemonade, Inc. *(a) | 191,625 | 2,636,760 |
MBIA, Inc. * | 201,920 | 1,593,149 |
Mercury General Corp. | 112,927 | 3,230,841 |
National Western Life Group, Inc., Class A | 10,349 | 4,704,034 |
Oscar Health, Inc., Class A * | 487,518 | 3,056,738 |
Palomar Holdings, Inc. * | 106,520 | 5,433,585 |
Primerica, Inc. | 155,086 | 31,166,083 |
ProAssurance Corp. | 229,465 | 4,056,941 |
RLI Corp. | 173,304 | 22,792,942 |
Ryan Specialty Holdings, Inc., Class A * | 398,407 | 19,422,341 |
Safety Insurance Group, Inc. | 63,753 | 4,390,669 |
Selective Insurance Group, Inc. | 258,477 | 25,643,503 |
Selectquote, Inc. * | 526,867 | 642,778 |
SiriusPoint Ltd. * | 369,013 | 4,081,284 |
Skyward Specialty Insurance Group, Inc. * | 38,611 | 939,020 |
Stewart Information Services Corp. | 116,910 | 5,415,271 |
The Hanover Insurance Group, Inc. | 152,891 | 16,316,528 |
Trupanion, Inc. * | 152,294 | 4,527,701 |
United Fire Group, Inc. | 92,259 | 1,823,960 |
Unum Group | 792,379 | 38,977,123 |
White Mountains Insurance Group Ltd. | 10,963 | 17,416,808 |
434,672,461 | ||
Materials 4.8% | ||
5E Advanced Materials, Inc. *(a) | 127,312 | 325,919 |
AdvanSix, Inc. | 117,204 | 3,877,108 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Alpha Metallurgical Resources, Inc. | 56,431 | 11,446,464 |
Arch Resources, Inc. | 79,996 | 10,447,478 |
Ashland, Inc. | 207,405 | 17,967,495 |
ATI, Inc. * | 549,422 | 24,905,299 |
Avient Corp. | 366,677 | 14,707,414 |
Balchem Corp. | 138,026 | 19,392,653 |
Cabot Corp. | 239,810 | 17,376,633 |
Carpenter Technology Corp. | 208,051 | 13,030,234 |
Century Aluminum Co. * | 224,712 | 1,671,857 |
Chase Corp. | 32,374 | 4,095,311 |
Clearwater Paper Corp. * | 73,567 | 2,816,880 |
Coeur Mining, Inc. * | 1,425,226 | 3,434,795 |
Commercial Metals Co. | 500,637 | 28,180,857 |
Compass Minerals International, Inc. | 145,294 | 4,380,614 |
Danimer Scientific, Inc. *(a) | 381,452 | 743,831 |
Eagle Materials, Inc. | 154,404 | 29,231,765 |
Ecovyst, Inc. * | 306,887 | 3,142,523 |
Element Solutions, Inc. | 960,296 | 19,801,304 |
Ginkgo Bioworks Holdings, Inc. *(a) | 4,684,132 | 10,960,869 |
Graphic Packaging Holding Co. | 1,311,956 | 29,177,901 |
Greif, Inc., Class A | 134,917 | 9,793,625 |
H.B. Fuller Co. | 230,077 | 16,687,485 |
Hawkins, Inc. | 81,750 | 5,084,033 |
Hecla Mining Co. | 2,461,544 | 10,806,178 |
Huntsman Corp. | 728,852 | 20,313,105 |
Ingevity Corp. * | 146,179 | 7,877,586 |
Innospec, Inc. | 106,704 | 11,462,144 |
Kaiser Aluminum Corp. | 68,698 | 5,215,552 |
Knife River Corp. * | 217,387 | 11,186,735 |
Koppers Holdings, Inc. | 88,370 | 3,383,687 |
Kronos Worldwide, Inc. | 93,641 | 786,584 |
Livent Corp. * | 767,675 | 16,481,982 |
Louisiana-Pacific Corp. | 308,517 | 19,276,142 |
LSB Industries, Inc. * | 201,337 | 2,037,530 |
Materion Corp. | 87,947 | 9,567,754 |
Mativ Holdings, Inc. | 236,126 | 3,872,466 |
Mercer International, Inc. | 171,064 | 1,554,972 |
Minerals Technologies, Inc. | 139,062 | 8,496,688 |
MP Materials Corp. * | 394,814 | 8,267,405 |
Myers Industries, Inc. | 155,263 | 2,920,497 |
NewMarket Corp. | 28,369 | 13,323,217 |
O-I Glass, Inc. * | 664,546 | 13,197,884 |
Olin Corp. | 514,807 | 29,869,102 |
Orion S.A. | 235,400 | 5,324,748 |
Pactiv Evergreen, Inc. | 167,538 | 1,377,162 |
Perimeter Solutions S.A. * | 627,815 | 3,710,387 |
Piedmont Lithium, Inc. * | 69,814 | 3,124,875 |
PureCycle Technologies, Inc. *(a) | 563,858 | 5,035,252 |
Quaker Chemical Corp. | 58,300 | 10,347,084 |
Ranpak Holdings Corp. * | 169,133 | 1,070,612 |
Schnitzer Steel Industries, Inc., Class A | 110,529 | 3,669,563 |
Sensient Technologies Corp. | 181,201 | 11,163,794 |
Silgan Holdings, Inc. | 359,014 | 16,202,302 |
Stepan Co. | 90,633 | 7,909,542 |
Summit Materials, Inc., Class A * | 507,360 | 18,980,338 |
SunCoke Energy, Inc. | 358,337 | 3,332,534 |
Sylvamo Corp. | 136,179 | 5,688,197 |
The Chemours Co. | 637,578 | 21,690,404 |
The Scotts Miracle-Gro Co. | 175,769 | 9,959,072 |
TimkenSteel Corp. * | 168,658 | 3,695,297 |
TriMas Corp. | 177,553 | 4,651,889 |
Trinseo plc | 149,806 | 1,577,457 |
Tronox Holdings plc | 495,792 | 6,762,603 |
U.S. Goldmining, Inc. * | 6,096 | 60,838 |
United States Lime & Minerals, Inc. | 8,721 | 1,888,794 |
United States Steel Corp. | 968,000 | 30,095,120 |
Valhi, Inc. | 7,599 | 100,611 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Warrior Met Coal, Inc. | 223,102 | 8,825,915 |
Worthington Industries, Inc. | 129,831 | 9,772,379 |
698,594,326 | ||
Media & Entertainment 2.1% | ||
Advantage Solutions, Inc. * | 395,998 | 1,108,794 |
Altice USA, Inc., Class A * | 923,992 | 2,836,655 |
AMC Networks, Inc., Class A * | 124,329 | 1,447,190 |
Angi, Inc. * | 322,470 | 793,276 |
Atlanta Braves Holdings, Inc., Class C * | 242,232 | 8,923,827 |
Bumble, Inc., Class A * | 422,043 | 7,081,882 |
Cardlytics, Inc. * | 147,169 | 2,451,836 |
Cargurus, Inc. * | 381,699 | 6,912,569 |
Cars.com, Inc. * | 267,187 | 4,993,725 |
Cinemark Holdings, Inc. * | 462,122 | 7,523,346 |
Clear Channel Outdoor Holdings, Inc. * | 2,071,681 | 3,003,937 |
Endeavor Group Holdings, Inc., Class A * | 769,275 | 16,839,430 |
Eventbrite, Inc., Class A * | 354,915 | 3,595,289 |
fuboTV, Inc. *(a) | 1,236,682 | 2,893,836 |
Gannett Co., Inc. * | 648,569 | 1,887,336 |
Gray Television, Inc. | 369,327 | 2,976,776 |
Grindr, Inc. *(a) | 102,219 | 525,406 |
iHeartMedia, Inc., Class A * | 449,723 | 1,623,500 |
Integral Ad Science Holding Corp. * | 205,353 | 2,930,387 |
John Wiley & Sons, Inc., Class A | 185,534 | 6,894,443 |
Lions Gate Entertainment Corp., Class A * | 765,448 | 6,062,348 |
Loop Media, Inc. *(a) | 139,702 | 121,666 |
Madison Square Garden Entertainment Corp. * | 136,458 | 4,378,937 |
Madison Square Garden Sports Corp. | 76,060 | 13,538,680 |
Magnite, Inc. * | 508,390 | 4,194,218 |
MediaAlpha, Inc., Class A * | 77,484 | 650,091 |
Nexstar Media Group, Inc., Class A | 153,193 | 24,939,820 |
Nextdoor Holdings, Inc. * | 578,454 | 1,255,245 |
Playtika Holding Corp. * | 392,710 | 3,832,850 |
QuinStreet, Inc. * | 214,807 | 2,126,589 |
Rumble, Inc. *(a) | 341,930 | 2,861,954 |
Scholastic Corp. | 124,212 | 5,397,011 |
Shutterstock, Inc. | 103,915 | 4,375,861 |
Sinclair, Inc. | 162,648 | 2,052,618 |
Skillz, Inc. * | 63,785 | 522,399 |
Sphere Entertainment Co. * | 111,746 | 3,917,815 |
System1, Inc. * | 86,642 | 154,223 |
TechTarget, Inc. * | 110,108 | 3,165,605 |
TEGNA, Inc. | 964,181 | 15,937,912 |
The E.W. Scripps Co., Class A * | 252,191 | 1,926,739 |
The New York Times Co., Class A | 701,668 | 31,062,842 |
TripAdvisor, Inc. * | 452,142 | 6,831,866 |
Vimeo, Inc. * | 667,554 | 2,656,865 |
Vivid Seats, Inc., Class A * | 98,283 | 713,535 |
Warner Music Group Corp., Class A | 500,882 | 16,679,371 |
WideOpenWest, Inc. * | 215,441 | 1,745,072 |
World Wrestling Entertainment, Inc., Class A | 185,184 | 17,879,515 |
Yelp, Inc. * | 295,106 | 12,645,292 |
Ziff Davis, Inc. * | 202,456 | 13,493,692 |
ZipRecruiter, Inc., Class A * | 206,715 | 3,140,001 |
295,504,072 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Pharmaceuticals, Biotechnology & Life Sciences 6.9% | ||
10X Genomics, Inc., Class A * | 419,455 | 21,748,742 |
2seventy bio, Inc. * | 213,186 | 1,106,435 |
4D Molecular Therapeutics, Inc. * | 157,805 | 2,569,065 |
Absci Corp. * | 209,675 | 375,318 |
ACADIA Pharmaceuticals, Inc. * | 515,065 | 13,917,056 |
ACELYRIN, Inc. * | 133,387 | 3,378,693 |
Aclaris Therapeutics, Inc. * | 234,177 | 1,751,644 |
Acrivon Therapeutics, Inc. * | 33,922 | 397,566 |
Adaptive Biotechnologies Corp. * | 476,937 | 3,228,863 |
Agenus, Inc. * | 1,338,109 | 1,846,590 |
Agios Pharmaceuticals, Inc. * | 237,256 | 6,507,932 |
Akero Therapeutics, Inc. * | 157,800 | 7,831,614 |
Akoya Biosciences, Inc. * | 70,838 | 368,358 |
Alector, Inc. * | 261,390 | 1,424,576 |
Alkermes plc * | 710,503 | 20,739,583 |
Allogene Therapeutics, Inc. * | 389,998 | 1,517,092 |
Allovir, Inc. *(a) | 193,682 | 606,225 |
ALX Oncology Holdings, Inc. * | 91,754 | 390,872 |
Amicus Therapeutics, Inc. * | 1,081,496 | 13,864,779 |
Amneal Pharmaceuticals, Inc. * | 428,238 | 1,751,493 |
Amphastar Pharmaceuticals, Inc. * | 161,150 | 8,590,906 |
Amylyx Pharmaceuticals, Inc. * | 170,447 | 3,674,837 |
AnaptysBio, Inc. * | 80,045 | 1,575,286 |
Anavex Life Sciences Corp. *(a) | 347,980 | 2,749,042 |
Anika Therapeutics, Inc. * | 61,956 | 1,105,915 |
Apellis Pharmaceuticals, Inc. * | 423,604 | 17,880,325 |
Arcellx, Inc. * | 127,778 | 4,579,564 |
Arcturus Therapeutics Holdings, Inc. * | 104,710 | 3,177,948 |
Arcus Biosciences, Inc. * | 225,589 | 4,624,574 |
Arcutis Biotherapeutics, Inc. * | 172,956 | 1,477,044 |
Arrowhead Pharmaceuticals, Inc. * | 457,933 | 12,657,268 |
Arvinas, Inc. * | 208,678 | 5,886,806 |
Atara Biotherapeutics, Inc. * | 425,914 | 621,834 |
Atea Pharmaceuticals, Inc. * | 322,984 | 1,085,226 |
Avid Bioservices, Inc. * | 265,634 | 3,134,481 |
Avidity Biosciences, Inc. * | 299,842 | 2,266,806 |
Axsome Therapeutics, Inc. * | 159,687 | 12,902,710 |
Azenta, Inc. * | 278,190 | 15,698,262 |
Beam Therapeutics, Inc. * | 273,747 | 6,345,455 |
BioCryst Pharmaceuticals, Inc. * | 806,897 | 5,737,038 |
BioLife Solutions, Inc. * | 147,116 | 1,943,402 |
Bionano Genomics, Inc. *(a) | 130,601 | 504,120 |
Bioxcel Therapeutics, Inc. *(a) | 85,405 | 322,831 |
Blueprint Medicines Corp. * | 258,179 | 12,872,805 |
Bridgebio Pharma, Inc. * | 507,538 | 15,180,462 |
C4 Therapeutics, Inc. * | 184,399 | 534,757 |
Cara Therapeutics, Inc. * | 200,456 | 515,172 |
CareDx, Inc. * | 227,120 | 2,114,487 |
Caribou Biosciences, Inc. * | 231,463 | 1,363,317 |
Cassava Sciences, Inc. *(a) | 166,201 | 3,485,235 |
Catalyst Pharmaceuticals, Inc. * | 416,313 | 5,845,035 |
Celldex Therapeutics, Inc. * | 202,293 | 5,643,975 |
Century Therapeutics, Inc. * | 85,729 | 212,608 |
Cerevel Therapeutics Holdings, Inc. * | 275,085 | 6,519,514 |
Codexis, Inc. * | 280,267 | 487,665 |
Coherus Biosciences, Inc. * | 284,855 | 1,518,277 |
Collegium Pharmaceutical, Inc. * | 148,552 | 3,479,088 |
Corcept Therapeutics, Inc. * | 386,237 | 12,641,537 |
Crinetics Pharmaceuticals, Inc. * | 189,579 | 3,283,508 |
CRISPR Therapeutics AG * | 338,096 | 16,908,181 |
CryoPort, Inc. * | 194,260 | 2,739,066 |
Cullinan Oncology, Inc. * | 108,198 | 1,119,849 |
Cytek Biosciences, Inc. * | 347,061 | 2,637,664 |
Cytokinetics, Inc. * | 408,680 | 14,279,279 |
Day One Biopharmaceuticals, Inc. * | 172,766 | 2,330,613 |
Deciphera Pharmaceuticals, Inc. * | 246,479 | 3,460,565 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Denali Therapeutics, Inc. * | 475,505 | 10,979,410 |
Design Therapeutics, Inc. * | 126,533 | 313,802 |
Dynavax Technologies Corp. * | 510,150 | 7,325,754 |
Dyne Therapeutics, Inc. * | 132,959 | 1,515,733 |
Eagle Pharmaceuticals, Inc. * | 44,149 | 748,326 |
Edgewise Therapeutics, Inc. * | 172,436 | 1,077,725 |
Editas Medicine, Inc. * | 292,583 | 2,606,915 |
Emergent BioSolutions, Inc. * | 188,603 | 884,548 |
Enanta Pharmaceuticals, Inc. * | 82,933 | 1,231,555 |
Entrada Therapeutics, Inc. * | 77,024 | 1,133,793 |
EQRx, Inc. * | 978,281 | 2,240,263 |
Erasca, Inc. * | 316,516 | 819,776 |
Exelixis, Inc. * | 1,394,516 | 31,223,213 |
Fate Therapeutics, Inc. * | 356,620 | 895,116 |
FibroGen, Inc. * | 383,210 | 367,882 |
G1 Therapeutics, Inc. * | 190,461 | 318,070 |
Genelux Corp. * | 10,938 | 264,481 |
Generation Bio Co. * | 223,275 | 1,067,255 |
Gossamer Bio, Inc. *(a) | 345,828 | 359,661 |
Halozyme Therapeutics, Inc. * | 563,801 | 23,995,371 |
Harmony Biosciences Holdings, Inc. * | 129,003 | 4,676,359 |
Heron Therapeutics, Inc. * | 457,804 | 750,799 |
HilleVax, Inc. *(a) | 51,466 | 686,556 |
Humacyte, Inc. *(a) | 215,854 | 826,721 |
IGM Biosciences, Inc. * | 37,642 | 269,140 |
ImmunityBio, Inc. *(a) | 593,574 | 955,654 |
ImmunoGen, Inc. * | 997,030 | 15,792,955 |
Immunovant, Inc. * | 241,403 | 5,482,262 |
Inhibrx, Inc. * | 127,895 | 2,736,953 |
Innoviva, Inc. * | 251,702 | 3,209,200 |
Inovio Pharmaceuticals, Inc. * | 1,133,416 | 509,924 |
Insmed, Inc. * | 584,537 | 12,795,515 |
Instil Bio, Inc. * | 258,936 | 116,806 |
Intellia Therapeutics, Inc. * | 376,577 | 14,114,106 |
Intra-Cellular Therapies, Inc. * | 381,399 | 21,175,272 |
Invivyd, Inc. *(a) | 223,673 | 416,032 |
Ionis Pharmaceuticals, Inc. * | 611,629 | 24,630,300 |
Iovance Biotherapeutics, Inc. * | 921,937 | 5,568,499 |
Ironwood Pharmaceuticals, Inc. * | 578,399 | 5,089,911 |
iTeos Therapeutics, Inc. * | 103,953 | 1,254,193 |
Keros Therapeutics, Inc. * | 80,144 | 2,813,856 |
Kinnate Biopharma, Inc. * | 75,441 | 168,233 |
Kodiak Sciences, Inc. * | 136,431 | 300,148 |
Kronos Bio, Inc. * | 198,736 | 276,243 |
Krystal Biotech, Inc. * | 92,958 | 11,571,412 |
Kura Oncology, Inc. * | 267,562 | 2,656,891 |
Kymera Therapeutics, Inc. * | 168,978 | 3,224,100 |
Lexicon Pharmaceuticals, Inc. * | 401,675 | 690,881 |
Ligand Pharmaceuticals, Inc. * | 70,194 | 4,616,659 |
Lyell Immunopharma, Inc. * | 616,314 | 1,472,990 |
MacroGenics, Inc. * | 226,385 | 1,054,954 |
Madrigal Pharmaceuticals, Inc. * | 55,630 | 10,013,400 |
MannKind Corp. * | 1,133,972 | 5,227,611 |
Maravai LifeSciences Holdings, Inc., Class A * | 469,405 | 4,853,648 |
Medpace Holdings, Inc. * | 105,553 | 28,527,809 |
Mersana Therapeutics, Inc. * | 436,550 | 484,571 |
Mesa Laboratories, Inc. | 21,415 | 3,070,054 |
MiMedx Group, Inc. * | 497,300 | 3,689,966 |
Mind Medicine MindMed, Inc. *(a) | 155,729 | 646,275 |
Mineralys Therapeutics, Inc. * | 52,492 | 673,997 |
Mirati Therapeutics, Inc. * | 263,563 | 9,804,544 |
Monte Rosa Therapeutics, Inc. *(a) | 132,055 | 775,163 |
Morphic Holding, Inc. * | 154,491 | 8,509,364 |
Myriad Genetics, Inc. * | 348,600 | 6,222,510 |
NanoString Technologies, Inc. * | 186,880 | 478,413 |
Natera, Inc. * | 488,508 | 28,690,075 |
Nektar Therapeutics * | 787,756 | 468,715 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
NGM Biopharmaceuticals, Inc. * | 161,517 | 305,267 |
Nkarta, Inc. * | 141,207 | 242,876 |
Novavax, Inc. *(a) | 368,752 | 2,950,016 |
Nurix Therapeutics, Inc. * | 188,640 | 1,603,440 |
Nuvation Bio, Inc. * | 587,195 | 963,000 |
Ocean Biomedical, Inc. *(a) | 33,401 | 150,639 |
Ocugen, Inc. * | 988,527 | 426,154 |
Omeros Corp. *(a) | 268,423 | 928,744 |
OmniAb, Inc. * | 451,351 | 2,617,836 |
Organogenesis Holdings, Inc. * | 301,357 | 843,800 |
Pacific Biosciences of California, Inc. * | 997,128 | 11,247,604 |
Pacira BioSciences, Inc. * | 197,239 | 6,962,537 |
Perrigo Co., plc | 578,736 | 20,255,760 |
Phathom Pharmaceuticals, Inc. *(a) | 99,686 | 1,434,482 |
PhenomeX, Inc. * | 285,801 | 271,511 |
Phibro Animal Health Corp., Class A | 86,738 | 1,209,995 |
Pliant Therapeutics, Inc. * | 188,105 | 3,175,212 |
PMV Pharmaceuticals, Inc. * | 138,687 | 1,001,320 |
Poseida Therapeutics, Inc. * | 228,259 | 477,061 |
Precigen, Inc. *(a) | 626,050 | 1,095,588 |
Prelude Therapeutics, Inc. * | 46,915 | 174,993 |
Prestige Consumer Healthcare, Inc. * | 212,935 | 12,420,499 |
Prime Medicine, Inc. *(a) | 40,365 | 534,433 |
Protagonist Therapeutics, Inc. * | 231,556 | 4,589,440 |
Prothena Corp. plc * | 173,800 | 9,180,116 |
PTC Therapeutics, Inc. * | 316,980 | 12,520,710 |
Quanterix Corp. * | 149,115 | 3,996,282 |
RAPT Therapeutics, Inc. * | 109,275 | 2,087,152 |
Reata Pharmaceuticals, Inc., Class A * | 124,404 | 21,024,276 |
Recursion Pharmaceuticals, Inc., Class A * | 569,024 | 4,950,509 |
REGENXBIO, Inc. * | 161,416 | 2,857,063 |
Relay Therapeutics, Inc. * | 388,132 | 3,966,709 |
Replimune Group, Inc. * | 156,129 | 3,188,154 |
Revance Therapeutics, Inc. * | 358,124 | 6,313,726 |
REVOLUTION Medicines, Inc. * | 395,663 | 13,440,672 |
Rhythm Pharmaceuticals, Inc. * | 193,520 | 5,033,455 |
Rocket Pharmaceuticals, Inc. * | 255,110 | 3,992,471 |
Roivant Sciences Ltd. * | 486,092 | 5,624,084 |
Sage Therapeutics, Inc. * | 222,322 | 4,446,440 |
Sana Biotechnology, Inc. * | 372,453 | 1,992,624 |
Sangamo Therapeutics, Inc. * | 603,380 | 584,856 |
Scholar Rock Holding Corp. * | 157,206 | 982,538 |
Scilex Holding Co. *(a)(c) | 280,273 | 791,939 |
Seer, Inc. * | 159,978 | 420,742 |
Seres Therapeutics, Inc. * | 401,450 | 1,385,003 |
SIGA Technologies, Inc. | 163,382 | 749,923 |
SomaLogic, Inc. * | 655,881 | 1,449,497 |
Sotera Health Co. * | 423,224 | 6,830,835 |
SpringWorks Therapeutics, Inc. * | 190,803 | 5,376,829 |
Stoke Therapeutics, Inc. * | 116,600 | 655,292 |
Supernus Pharmaceuticals, Inc. * | 232,483 | 7,402,259 |
Syndax Pharmaceuticals, Inc. * | 280,842 | 5,198,385 |
Tarsus Pharmaceuticals, Inc. * | 79,499 | 1,392,027 |
TG Therapeutics, Inc. * | 604,714 | 6,331,356 |
TherapeuticsMD, Inc. * | 37,202 | 140,996 |
Theravance Biopharma, Inc. * | 213,040 | 2,028,141 |
Third Harmonic Bio, Inc. * | 47,382 | 287,609 |
Travere Therapeutics, Inc. * | 281,333 | 4,017,435 |
Twist Bioscience Corp. * | 245,346 | 5,395,159 |
Tyra Biosciences, Inc. *(a) | 59,426 | 905,058 |
Ultragenyx Pharmaceutical, Inc. * | 302,573 | 11,131,661 |
uniQure N.V. * | 183,854 | 1,601,368 |
Vanda Pharmaceuticals, Inc. * | 241,332 | 1,252,513 |
Vaxart, Inc. * | 596,812 | 490,938 |
Vaxcyte, Inc. * | 329,173 | 17,090,662 |
VBI Vaccines, Inc. * | 26,501 | 32,331 |
Ventyx Biosciences, Inc. * | 122,550 | 4,105,425 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Veracyte, Inc. * | 309,264 | 8,164,570 |
Vericel Corp. * | 202,907 | 6,661,437 |
Verve Therapeutics, Inc. * | 179,113 | 2,305,184 |
Vir Biotechnology, Inc. * | 328,595 | 4,160,013 |
Xencor, Inc. * | 258,818 | 5,688,820 |
Y-mAbs Therapeutics, Inc. * | 142,165 | 720,777 |
Zentalis Pharmaceuticals, Inc. * | 244,608 | 6,496,788 |
Zura Bio Ltd. *(a) | 43,465 | 299,039 |
997,469,178 | ||
Real Estate Management & Development 0.6% | ||
Anywhere Real Estate, Inc. * | 469,850 | 3,082,216 |
Appreciate Holdings, Inc. * | 64,715 | 18,754 |
Compass, Inc., Class A * | 1,150,673 | 4,142,423 |
Cushman & Wakefield plc * | 701,574 | 6,447,465 |
DigitalBridge Group, Inc. | 625,132 | 10,889,799 |
Doma Holdings, Inc. * | 18,984 | 120,738 |
eXp World Holdings, Inc. | 314,812 | 6,050,687 |
Forestar Group, Inc. * | 76,320 | 2,175,883 |
FRP Holdings, Inc. * | 27,431 | 1,562,744 |
Howard Hughes Holdings, Inc. * | 147,851 | 11,628,481 |
Kennedy-Wilson Holdings, Inc. | 509,484 | 8,136,460 |
Marcus & Millichap, Inc. | 103,482 | 3,445,951 |
Newmark Group, Inc., Class A | 535,257 | 3,794,972 |
Offerpad Solutions, Inc. * | 64,776 | 844,679 |
Opendoor Technologies, Inc. *(a) | 2,212,260 | 8,627,814 |
RE/MAX Holdings, Inc., Class A | 77,646 | 1,257,865 |
Redfin Corp. * | 471,866 | 4,492,164 |
Seritage Growth Properties, Class A * | 155,158 | 1,171,443 |
Tejon Ranch Co. * | 108,738 | 1,813,750 |
The RMR Group, Inc., Class A | 60,668 | 1,533,687 |
The St. Joe Co. | 144,921 | 8,947,423 |
WeWork, Inc., Class A * | 2,951,889 | 348,323 |
90,533,721 | ||
Semiconductors & Semiconductor Equipment 2.9% | ||
ACM Research, Inc., Class A * | 180,594 | 3,171,231 |
Allegro MicroSystems, Inc. * | 277,912 | 10,630,134 |
Alpha & Omega Semiconductor Ltd. * | 94,711 | 2,988,132 |
Ambarella, Inc. * | 160,733 | 9,989,556 |
Amkor Technology, Inc. | 429,599 | 12,011,588 |
Ascent Solar Technologies, Inc. * | 28,499 | 1,625 |
Axcelis Technologies, Inc. * | 139,795 | 26,861,609 |
CEVA, Inc. * | 101,008 | 2,345,406 |
Cirrus Logic, Inc. * | 236,635 | 19,413,535 |
Cohu, Inc. * | 203,939 | 7,625,279 |
Credo Technology Group Holding Ltd. * | 393,277 | 6,473,339 |
Diodes, Inc. * | 195,362 | 15,990,380 |
FormFactor, Inc. * | 328,791 | 11,612,898 |
Ichor Holdings Ltd. * | 124,972 | 4,577,724 |
Impinj, Inc. * | 93,123 | 6,199,198 |
Kulicke & Soffa Industries, Inc. | 242,589 | 12,549,129 |
Lattice Semiconductor Corp. * | 588,790 | 57,265,715 |
MACOM Technology Solutions Holdings, Inc. * | 221,339 | 18,716,426 |
MaxLinear, Inc. * | 316,037 | 7,426,870 |
MKS Instruments, Inc. | 245,408 | 24,597,244 |
Navitas Semiconductor Corp. * | 351,846 | 3,106,800 |
Onto Innovation, Inc. * | 209,165 | 29,069,752 |
PDF Solutions, Inc. * | 127,864 | 4,646,578 |
Photronics, Inc. * | 267,050 | 6,345,108 |
Power Integrations, Inc. | 245,257 | 20,606,493 |
Rambus, Inc. * | 465,485 | 26,285,938 |
Rigetti Computing, Inc. *(a) | 336,799 | 606,238 |
Semtech Corp. * | 274,399 | 7,175,534 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Silicon Laboratories, Inc. * | 136,607 | 18,422,820 |
SiTime Corp. * | 70,583 | 9,365,658 |
SkyWater Technology, Inc. *(a) | 45,422 | 304,327 |
SMART Global Holdings, Inc. * | 210,654 | 5,441,193 |
Synaptics, Inc. * | 169,226 | 14,814,044 |
Ultra Clean Holdings, Inc. * | 192,160 | 6,756,346 |
Veeco Instruments, Inc. * | 221,428 | 6,463,483 |
419,857,330 | ||
Software & Services 6.4% | ||
8x8, Inc. * | 480,047 | 1,560,153 |
A10 Networks, Inc. | 272,983 | 4,064,717 |
ACI Worldwide, Inc. * | 462,980 | 11,241,154 |
Adeia, Inc. | 456,384 | 4,591,223 |
Agilysys, Inc. * | 85,456 | 6,028,494 |
Alarm.com Holdings, Inc. * | 212,968 | 12,473,536 |
Alkami Technology, Inc. * | 160,876 | 2,802,460 |
Altair Engineering, Inc., Class A * | 228,907 | 15,217,737 |
Alteryx, Inc., Class A * | 267,787 | 7,905,072 |
Amplitude, Inc., Class A * | 264,914 | 3,094,196 |
Appfolio, Inc., Class A * | 81,601 | 15,730,225 |
Appian Corp., Class A * | 178,801 | 8,707,609 |
Asana, Inc., Class A * | 336,779 | 7,237,381 |
Aurora Innovation, Inc. * | 1,959,438 | 6,211,418 |
AvePoint, Inc. * | 391,061 | 2,713,963 |
BigCommerce Holdings, Inc. * | 261,549 | 2,772,419 |
Blackbaud, Inc. * | 193,173 | 14,702,397 |
Blackline, Inc. * | 235,195 | 14,125,812 |
Blend Labs, Inc., Class A *(a) | 743,499 | 862,459 |
Box, Inc., Class A * | 617,277 | 16,345,495 |
Braze, Inc., Class A * | 164,842 | 7,625,591 |
C3.ai, Inc., Class A *(a) | 372,631 | 11,559,014 |
CCC Intelligent Solutions Holdings, Inc. * | 457,803 | 4,898,492 |
Cerence, Inc. * | 171,420 | 4,474,062 |
Cipher Mining, Inc. *(a) | 187,033 | 596,635 |
Clear Secure, Inc., Class A | 352,675 | 7,667,154 |
Clearwater Analytics Holdings, Inc., Class A * | 344,675 | 6,255,851 |
CommVault Systems, Inc. * | 188,185 | 12,854,917 |
Confluent, Inc., Class A * | 802,327 | 26,549,000 |
Consensus Cloud Solutions, Inc. * | 74,843 | 2,389,737 |
Couchbase, Inc. * | 106,554 | 1,822,073 |
CS Disco, Inc. * | 74,345 | 706,278 |
CXApp, Inc. * | 7,821 | 31,049 |
Digital Turbine, Inc. * | 384,061 | 3,421,984 |
DigitalOcean Holdings, Inc. * | 238,475 | 6,450,749 |
Dolby Laboratories, Inc., Class A | 254,529 | 21,500,065 |
Domo, Inc., Class B * | 133,606 | 1,424,240 |
DoubleVerify Holdings, Inc. * | 432,898 | 14,636,281 |
Dropbox, Inc., Class A * | 1,164,088 | 32,350,006 |
D-Wave Quantum, Inc. *(a) | 230,211 | 267,045 |
E2open Parent Holdings, Inc. * | 734,570 | 3,547,973 |
Ebix, Inc. | 100,424 | 1,677,081 |
Enfusion, Inc., Class A * | 85,716 | 732,015 |
EngageSmart, Inc. * | 127,730 | 2,262,098 |
Envestnet, Inc. * | 232,117 | 12,680,552 |
Everbridge, Inc. * | 173,333 | 4,300,392 |
EverCommerce, Inc. * | 121,258 | 1,281,697 |
Expensify, Inc., Class A * | 186,661 | 800,776 |
Fastly, Inc., Class A * | 495,604 | 11,790,419 |
Freshworks, Inc., Class A * | 717,459 | 15,690,828 |
Gitlab, Inc., Class A * | 282,116 | 13,363,835 |
Grid Dynamics Holdings, Inc. * | 225,947 | 2,627,764 |
HashiCorp, Inc., Class A * | 410,161 | 11,960,295 |
Informatica, Inc., Class A * | 166,437 | 3,486,855 |
Instructure Holdings, Inc. * | 72,371 | 1,875,133 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Intapp, Inc. * | 95,329 | 3,489,995 |
InterDigital, Inc. | 113,995 | 9,884,506 |
Jamf Holding Corp. * | 196,223 | 3,308,320 |
Kaltura, Inc. *(a) | 298,901 | 564,923 |
Kyndryl Holdings, Inc. * | 874,867 | 14,767,755 |
LivePerson, Inc. * | 304,239 | 1,277,804 |
LiveRamp Holdings, Inc. * | 277,299 | 8,967,850 |
Marathon Digital Holdings, Inc. *(a) | 714,765 | 8,984,596 |
MariaDB plc * | 107,363 | 62,496 |
Matterport, Inc. * | 965,830 | 2,588,424 |
MeridianLink, Inc. * | 86,561 | 1,532,995 |
MicroStrategy, Inc., Class A * | 47,113 | 16,844,311 |
Model N, Inc. * | 146,755 | 3,962,385 |
N-Able, Inc. * | 288,565 | 3,858,114 |
nCino, Inc. * | 331,597 | 10,899,593 |
NCR Corp. * | 601,483 | 18,501,617 |
Near Intelligence, Inc. *(a) | 55,983 | 21,335 |
New Relic, Inc. * | 250,652 | 21,332,992 |
NextNav, Inc. *(a) | 98,800 | 426,816 |
Nutanix, Inc., Class A * | 985,218 | 30,640,280 |
ON24, Inc. | 178,418 | 1,223,947 |
OneSpan, Inc. * | 150,918 | 1,848,745 |
PagerDuty, Inc. * | 359,460 | 9,259,690 |
Pegasystems, Inc. | 176,831 | 8,781,427 |
Perficient, Inc. * | 149,301 | 9,523,911 |
Porch Group, Inc. *(a) | 352,706 | 298,037 |
PowerSchool Holdings, Inc., Class A * | 174,515 | 3,860,272 |
Procore Technologies, Inc. * | 300,466 | 20,296,478 |
Progress Software Corp. | 185,075 | 11,259,963 |
PROS Holdings, Inc. * | 176,855 | 6,342,020 |
Q2 Holdings, Inc. * | 248,057 | 8,535,641 |
Qualys, Inc. * | 143,558 | 22,344,803 |
Rackspace Technology, Inc. * | 253,929 | 634,823 |
Rapid7, Inc. * | 258,346 | 13,018,055 |
RingCentral, Inc., Class A * | 334,816 | 10,355,859 |
Riot Platforms, Inc. * | 747,024 | 8,478,722 |
Rubicon Technologies, Inc. * | 196,944 | 98,255 |
Samsara, Inc., Class A * | 525,171 | 14,368,679 |
SentinelOne, Inc., Class A * | 1,003,552 | 16,689,070 |
Smartsheet, Inc., Class A * | 569,111 | 23,749,002 |
SolarWinds Corp. * | 205,058 | 2,183,868 |
SoundHound AI, Inc., Class A *(a) | 550,799 | 1,388,013 |
Sprinklr, Inc., Class A * | 335,722 | 5,079,474 |
Sprout Social, Inc., Class A * | 206,302 | 11,045,409 |
SPS Commerce, Inc. * | 156,106 | 29,056,010 |
Squarespace, Inc., Class A * | 170,989 | 5,155,318 |
Telos Corp. * | 225,907 | 589,617 |
Tenable Holdings, Inc. * | 490,898 | 22,272,042 |
Teradata Corp. * | 432,920 | 20,031,208 |
Thoughtworks Holding, Inc. * | 282,003 | 1,401,555 |
Tucows, Inc., Class A *(a) | 41,991 | 993,087 |
Unisys Corp. * | 300,188 | 1,209,758 |
Upland Software, Inc. * | 124,312 | 441,308 |
Varonis Systems, Inc. * | 468,568 | 14,961,376 |
Verint Systems, Inc. * | 274,987 | 8,906,829 |
Workiva, Inc. * | 199,130 | 22,272,690 |
Xperi, Inc. * | 180,521 | 2,130,148 |
Yext, Inc. * | 453,261 | 3,970,566 |
Zeta Global Holdings Corp., Class A * | 555,685 | 4,517,719 |
Zuora, Inc., Class A * | 539,481 | 4,914,672 |
929,351,029 | ||
Technology Hardware & Equipment 4.2% | ||
908 Devices, Inc. * | 93,053 | 669,051 |
ADTRAN Holdings, Inc. | 308,342 | 2,636,324 |
Advanced Energy Industries, Inc. | 160,291 | 18,925,558 |
Aeva Technologies, Inc. * | 434,829 | 409,870 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
AEye, Inc. * | 612,253 | 159,186 |
Avid Technology, Inc. * | 143,583 | 3,827,923 |
Avnet, Inc. | 390,908 | 19,838,581 |
Badger Meter, Inc. | 125,517 | 20,845,863 |
Belden, Inc. | 182,135 | 17,102,476 |
Benchmark Electronics, Inc. | 152,831 | 3,933,870 |
Calix, Inc. * | 246,730 | 11,475,412 |
Casa Systems, Inc. *(a) | 145,332 | 140,972 |
Clearfield, Inc. * | 53,783 | 1,890,472 |
Coherent Corp. * | 595,369 | 22,403,735 |
CommScope Holding Co., Inc. * | 901,958 | 3,012,540 |
Comtech Telecommunications Corp. | 117,883 | 1,184,724 |
Corsair Gaming, Inc. * | 176,701 | 2,777,740 |
Crane NXT Co. | 206,666 | 12,267,694 |
CTS Corp. | 135,072 | 6,030,965 |
Digi International, Inc. * | 151,996 | 5,073,626 |
ePlus, Inc. * | 115,264 | 7,651,224 |
Evolv Technologies Holdings, Inc. * | 307,904 | 2,152,249 |
Extreme Networks, Inc. * | 552,169 | 15,157,039 |
Fabrinet * | 155,248 | 24,959,221 |
FARO Technologies, Inc. * | 79,923 | 1,267,579 |
Harmonic, Inc. * | 476,448 | 5,088,465 |
Infinera Corp. * | 842,214 | 3,941,562 |
Inseego Corp. * | 335,777 | 213,386 |
Insight Enterprises, Inc. * | 123,913 | 19,837,232 |
IonQ, Inc. * | 652,520 | 11,216,819 |
IPG Photonics Corp. * | 133,433 | 14,458,800 |
Itron, Inc. * | 194,609 | 13,313,202 |
Kimball Electronics, Inc. * | 107,347 | 3,240,806 |
Knowles Corp. * | 391,260 | 6,271,898 |
Lightwave Logic, Inc. *(a) | 491,346 | 3,100,393 |
Littelfuse, Inc. | 106,101 | 28,337,455 |
Lumentum Holdings, Inc. * | 294,193 | 15,924,667 |
Methode Electronics, Inc. | 154,942 | 4,996,879 |
MicroVision, Inc. *(a) | 745,349 | 1,878,279 |
Mirion Technologies, Inc. * | 515,318 | 4,400,816 |
Movella Holdings, Inc. * | 115,201 | 91,631 |
Napco Security Technologies, Inc. | 124,937 | 3,095,939 |
National Instruments Corp. | 562,771 | 33,541,152 |
NETGEAR, Inc. * | 123,622 | 1,629,338 |
NetScout Systems, Inc. * | 288,587 | 8,262,246 |
nLight, Inc. * | 193,750 | 2,210,688 |
Novanta, Inc. * | 153,003 | 25,548,441 |
OSI Systems, Inc. * | 66,487 | 9,065,502 |
Ouster, Inc. *(a) | 111,132 | 625,673 |
PAR Technology Corp. * | 118,023 | 5,131,640 |
PC Connection, Inc. | 48,030 | 2,551,354 |
Plexus Corp. * | 118,514 | 12,035,097 |
Presto Automation, Inc. * | 55,278 | 184,076 |
Ribbon Communications, Inc. * | 398,645 | 1,179,989 |
Rogers Corp. * | 79,436 | 11,479,296 |
Sanmina Corp. * | 249,988 | 13,924,332 |
ScanSource, Inc. * | 107,378 | 3,519,851 |
SmartRent, Inc. * | 524,097 | 1,781,930 |
Super Micro Computer, Inc. * | 195,329 | 53,731,101 |
TTM Technologies, Inc. * | 439,609 | 6,550,174 |
ViaSat, Inc. * | 325,805 | 9,037,831 |
Viavi Solutions, Inc. * | 951,624 | 9,944,471 |
Vishay Intertechnology, Inc. | 546,348 | 14,991,789 |
Vontier Corp. | 665,581 | 20,905,899 |
Xerox Holdings Corp. | 482,747 | 7,670,850 |
600,704,843 | ||
Telecommunication Services 0.7% | ||
Anterix, Inc. * | 80,150 | 2,652,163 |
ATN International, Inc. | 45,431 | 1,629,610 |
Bandwidth, Inc., Class A * | 92,107 | 1,323,578 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Charge Enterprises, Inc. * | 428,682 | 232,946 |
Cogent Communications Holdings, Inc. | 184,152 | 12,997,448 |
Consolidated Communications Holdings, Inc. * | 316,024 | 1,248,295 |
EchoStar Corp., Class A * | 155,111 | 2,695,829 |
Frontier Communications Parent, Inc. * | 953,647 | 15,277,425 |
Globalstar, Inc. * | 3,055,510 | 4,399,934 |
Gogo, Inc. * | 280,719 | 3,186,161 |
IDT Corp., Class B * | 86,157 | 2,014,351 |
Iridium Communications, Inc. | 539,530 | 26,409,993 |
Liberty Latin America Ltd., Class A * | 42,445 | 379,458 |
Liberty Latin America Ltd., Class C * | 726,874 | 6,512,791 |
Radius Global Infrastructure, Inc., Class A * | 340,823 | 5,085,079 |
Shenandoah Telecommunications Co. | 213,409 | 4,852,921 |
Telephone and Data Systems, Inc. | 424,025 | 9,112,297 |
United States Cellular Corp. * | 60,526 | 2,776,328 |
102,786,607 | ||
Transportation 1.9% | ||
Air Transport Services Group, Inc. * | 239,456 | 5,162,671 |
Allegiant Travel Co. | 67,111 | 5,962,141 |
ArcBest Corp. | 102,363 | 10,808,509 |
Daseke, Inc. * | 186,147 | 986,579 |
Forward Air Corp. | 110,674 | 7,837,933 |
Frontier Group Holdings, Inc. * | 156,956 | 985,684 |
Getaround, Inc. * | 223,255 | 89,302 |
GXO Logistics, Inc. * | 509,055 | 32,564,248 |
Hawaiian Holdings, Inc. * | 224,784 | 1,928,647 |
Heartland Express, Inc. | 201,104 | 3,034,659 |
Hub Group, Inc., Class A * | 140,552 | 10,968,678 |
JetBlue Airways Corp. * | 1,404,210 | 8,312,923 |
Joby Aviation, Inc. *(a) | 1,469,637 | 10,948,796 |
Kirby Corp. * | 256,175 | 21,218,975 |
Landstar System, Inc. | 153,865 | 29,205,116 |
Marten Transport Ltd. | 248,173 | 5,211,633 |
Matson, Inc. | 153,548 | 13,493,798 |
Ryder System, Inc. | 198,877 | 20,026,914 |
Saia, Inc. * | 113,494 | 48,371,143 |
Schneider National, Inc., Class B | 158,858 | 4,592,585 |
SkyWest, Inc. * | 189,671 | 8,554,162 |
Spirit Airlines, Inc. | 466,639 | 7,699,544 |
Sun Country Airlines Holdings, Inc. * | 156,583 | 2,331,521 |
TuSimple Holdings, Inc., Class A * | 585,029 | 731,286 |
Universal Logistics Holdings, Inc. | 29,328 | 795,375 |
Werner Enterprises, Inc. | 251,221 | 10,453,306 |
Wheels Up Experience, Inc. *(a) | 72,091 | 138,415 |
272,414,543 | ||
Utilities 2.3% | ||
ALLETE, Inc. | 245,485 | 13,477,126 |
Altus Power, Inc. * | 157,556 | 1,017,812 |
American States Water Co. | 158,524 | 13,349,306 |
Avista Corp. | 324,008 | 10,786,226 |
Black Hills Corp. | 285,513 | 15,703,215 |
California Water Service Group | 239,950 | 12,057,487 |
Chesapeake Utilities Corp. | 76,094 | 8,377,949 |
Clearway Energy, Inc., Class C | 494,725 | 12,254,338 |
Hawaiian Electric Industries, Inc. (a) | 468,653 | 6,570,515 |
IDACORP, Inc. | 216,080 | 20,709,107 |
MGE Energy, Inc. | 154,388 | 11,182,323 |
Middlesex Water Co. | 76,059 | 5,724,200 |
Montauk Renewables, Inc. * | 268,296 | 2,562,227 |
National Fuel Gas Co. | 392,636 | 21,100,259 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
New Jersey Resources Corp. | 413,951 | 17,456,314 |
Northwest Natural Holding Co. | 153,346 | 6,023,431 |
NorthWestern Corp. | 255,243 | 12,864,247 |
ONE Gas, Inc. | 236,977 | 17,173,723 |
Ormat Technologies, Inc. | 224,824 | 17,073,135 |
Otter Tail Corp. | 178,570 | 14,708,811 |
PNM Resources, Inc. | 367,627 | 16,289,552 |
Portland General Electric Co. | 413,138 | 18,120,233 |
SJW Group | 117,738 | 7,742,451 |
Southwest Gas Holdings, Inc. | 280,816 | 17,390,935 |
Spire, Inc. | 225,314 | 13,160,591 |
Sunnova Energy International, Inc. *(a) | 425,301 | 5,915,937 |
The York Water Co. | 60,547 | 2,466,685 |
Unitil Corp. | 69,395 | 3,387,864 |
324,645,999 | ||
Total Common Stocks (Cost $14,008,379,495) | 14,452,773,979 |
SHORT-TERM INVESTMENTS 1.2% OF NET ASSETS | ||
Money Market Funds 1.2% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (d) | 10,351,368 | 10,351,368 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (d)(e) | 169,165,788 | 169,165,788 |
179,517,156 | ||
Total Short-Term Investments (Cost $179,517,156) | 179,517,156 | |
Total Investments in Securities (Cost $14,187,896,651) | 14,632,291,135 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
Russell 2000 Index, e-mini, expires 09/15/23 | 423 | 40,218,840 | 229,759 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $159,482,809. |
(b) | On October 15, 2023, the issuer filed for bankruptcy. |
(c) | Fair valued using significant unobservable inputs (see financial note 2(a), Securities for which no quoted value is available, for additional information). |
(d) | The rate shown is the annualized 7-day yield. |
(e) | Security purchased with cash collateral received for securities on loan. |
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 |
Assets | ||||
Common Stocks1 | $11,671,052,007 | $— | $— | $11,671,052,007 |
Financial Services | 939,885,204 | — | 13,187,778 | 953,072,982 |
Health Care Equipment & Services | 831,179,812 | — | 0 * | 831,179,812 |
Pharmaceuticals, Biotechnology & Life Sciences | 996,677,239 | — | 791,939 | 997,469,178 |
Short-Term Investments1 | 179,517,156 | — | — | 179,517,156 |
Futures Contracts2 | 229,759 | — | — | 229,759 |
Total | $14,618,541,177 | $— | $13,979,717 | $14,632,520,894 |
* | Level 3 amount shown includes securities determined to have no value at August 31, 2023. |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - unaffiliated (cost $14,187,896,651) including securities on loan of $159,482,809 | $14,632,291,135 | |
Cash | 1,236,329 | |
Deposit with broker for futures contracts | 2,331,200 | |
Receivables: | ||
Dividends | 13,511,962 | |
Investments sold | 3,792,547 | |
Income from securities on loan | + | 1,063,101 |
Total assets | 14,654,226,274 | |
Liabilities | ||
Collateral held for securities on loan | 169,165,788 | |
Payables: | ||
Investments bought | 3,509,896 | |
Management fees | 490,707 | |
Variation margin on futures contracts | + | 86,751 |
Total liabilities | 173,253,142 | |
Net assets | $14,480,973,132 | |
Net Assets by Source | ||
Capital received from investors | $15,262,532,113 | |
Total distributable loss | + | (781,558,981 ) |
Net assets | $14,480,973,132 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$14,480,973,132 | 327,450,000 | $44.22 | ||
For the period September 1, 2022 through August 31, 2023 | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $129,870) | $204,524,630 | |
Securities on loan, net | + | 15,021,354 |
Total investment income | 219,545,984 | |
Expenses | ||
Management fees | 5,512,562 | |
Proxy fees1 | + | 85,432 |
Total expenses | – | 5,597,994 |
Net investment income | 213,947,990 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated | (414,050,847 ) | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 844,379,884 | |
Net realized losses on futures contracts | + | (1,924,093 ) |
Net realized gains | 428,404,944 | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 217,204,313 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 1,037,675 |
Net change in unrealized appreciation (depreciation) | + | 218,241,988 |
Net realized and unrealized gains | 646,646,932 | |
Increase in net assets resulting from operations | $860,594,922 |
1 | Proxy fees are non-routine expenses (see financial note 2(e) for additional information). |
OPERATIONS | |||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||
Net investment income | $213,947,990 | $186,233,583 | |
Net realized gains | 428,404,944 | 1,257,485,653 | |
Net change in unrealized appreciation (depreciation) | + | 218,241,988 | (4,548,673,429 ) |
Increase (decrease) in net assets resulting from operations | $860,594,922 | ($3,104,954,193 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($203,432,945 ) | ($200,176,110 ) |
TRANSACTIONS IN FUND SHARES1 | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 53,700,000 | $2,230,857,833 | 69,550,000 | $3,368,413,273 | |
Shares redeemed | + | (47,950,000 ) | (1,945,638,825 ) | (68,450,000 ) | (3,146,749,074 ) |
Net transactions in fund shares | 5,750,000 | $285,219,008 | 1,100,000 | $221,664,199 | |
SHARES OUTSTANDING AND NET ASSETS1 | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 321,700,000 | $13,538,592,147 | 320,600,000 | $16,622,058,251 | |
Total increase (decrease) | + | 5,750,000 | 942,380,985 | 1,100,000 | (3,083,466,104 ) |
End of period | 327,450,000 | $14,480,973,132 | 321,700,000 | $13,538,592,147 |
1 | For the period ended August 31, 2022, transactions in fund shares have been retroactively adjusted to reflect a 2-for-1 share split effective after market close on March 10, 2022. The retroactive adjustment of the share split does not change the transaction in fund share values (see financial note 12 for additional information). |
9/1/22– 8/31/23 | 9/1/21– 8/31/22 | 9/1/20– 8/31/21 | 9/1/19– 8/31/20 | 9/1/18– 8/31/19 | ||
Per-Share Data | ||||||
Net asset value at beginning of period | $72.38 | $77.66 | $57.31 | $53.30 | $52.71 | |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 2.74 | 2.53 | 2.27 | 1.87 | 1.66 | |
Net realized and unrealized gains (losses) | 2.02 | (5.38 ) | 20.27 | 3.98 | 0.48 | |
Total from investment operations | 4.76 | (2.85 ) | 22.54 | 5.85 | 2.14 | |
Less distributions: | ||||||
Distributions from net investment income | (2.60 ) | (2.43 ) | (2.19 ) | (1.84 ) | (1.55 ) | |
Net asset value at end of period | $74.54 | $72.38 | $77.66 | $57.31 | $53.30 | |
Total return | 6.75 % | (3.74 %) | 40.15 % | 11.46 % | 4.18 % | |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.06 %2 | 0.06 %2 | 0.06 % | 0.06 % | 0.06 %3 | |
Net investment income (loss) | 3.74 % | 3.31 % | 3.27 % | 3.48 % | 3.23 % | |
Portfolio turnover rate4 | 28 % | 14 % | 46 % | 43 % | 24 % | |
Net assets, end of period (x 1,000,000) | $49,611 | $37,095 | $27,955 | $12,694 | $9,821 |
1 | Calculated based on the average shares outstanding during the period. |
2 | Ratio includes less than 0.005% of non-routine proxy expenses. |
3 | Effective March 11, 2019, the annual operating expense ratio was reduced. The ratio presented for the period ended August 31, 2019 is a blended ratio. |
4 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.7% OF NET ASSETS | ||
Automobiles & Components 1.5% | ||
Ford Motor Co. | 61,615,608 | 747,397,325 |
Banks 5.6% | ||
1st Source Corp. | 269,955 | 12,064,289 |
Bank of Hawaii Corp. (a) | 627,070 | 33,698,742 |
Bank OZK | 1,730,817 | 69,526,919 |
Banner Corp. | 537,290 | 23,398,979 |
Cathay General Bancorp | 1,144,446 | 40,776,611 |
Central Pacific Financial Corp. | 418,413 | 7,100,469 |
City Holding Co. | 234,924 | 21,462,657 |
Comerica, Inc. | 2,062,661 | 99,234,621 |
CVB Financial Corp. | 2,068,425 | 36,114,700 |
Fifth Third Bancorp | 10,754,454 | 285,530,754 |
First Commonwealth Financial Corp. | 1,626,794 | 21,262,197 |
Hanmi Financial Corp. | 480,084 | 8,315,055 |
Heritage Financial Corp. | 552,841 | 9,519,922 |
Huntington Bancshares, Inc. | 22,709,583 | 251,849,275 |
International Bancshares Corp. | 830,569 | 37,192,880 |
KeyCorp | 14,687,748 | 166,412,185 |
M&T Bank Corp. | 2,664,038 | 333,137,952 |
Northwest Bancshares, Inc. | 2,008,654 | 22,095,194 |
OFG Bancorp | 752,001 | 22,680,350 |
Premier Financial Corp. | 560,552 | 10,560,800 |
Regions Financial Corp. | 14,698,371 | 269,568,124 |
S&T Bancorp, Inc. | 609,203 | 17,258,721 |
Synovus Financial Corp. | 2,286,127 | 70,778,492 |
U.S. Bancorp | 21,924,967 | 800,919,044 |
Zions Bancorp NA | 2,351,042 | 83,461,991 |
2,753,920,923 | ||
Capital Goods 9.3% | ||
3M Co. | 8,663,224 | 924,106,104 |
Fastenal Co. | 8,983,221 | 517,253,865 |
Illinois Tool Works, Inc. | 4,368,780 | 1,080,617,733 |
Lockheed Martin Corp. | 3,575,675 | 1,603,153,886 |
MSC Industrial Direct Co., Inc., Class A | 743,472 | 75,878,752 |
Snap-on, Inc. | 835,853 | 224,510,116 |
Watsco, Inc. | 523,518 | 190,848,487 |
4,616,368,943 | ||
Commercial & Professional Services 4.9% | ||
Automatic Data Processing, Inc. | 6,520,664 | 1,660,226,261 |
Ennis, Inc. | 406,922 | 8,667,439 |
Kforce, Inc. | 308,677 | 19,338,614 |
Paychex, Inc. | 5,048,678 | 617,099,912 |
Robert Half International, Inc. | 1,693,012 | 125,215,167 |
2,430,547,393 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Consumer Discretionary Distribution & Retail 5.2% | ||
Advance Auto Parts, Inc. | 933,237 | 64,225,370 |
Best Buy Co., Inc. | 3,099,009 | 236,919,238 |
Guess?, Inc. | 485,448 | 11,679,879 |
The Buckle, Inc. | 461,301 | 16,855,939 |
The Home Depot, Inc. | 6,316,300 | 2,086,273,890 |
Williams-Sonoma, Inc. | 1,047,912 | 147,965,174 |
2,563,919,490 | ||
Consumer Durables & Apparel 0.6% | ||
Carter's, Inc. | 599,101 | 42,877,659 |
Ethan Allen Interiors, Inc. | 362,756 | 11,383,283 |
Leggett & Platt, Inc. | 2,081,186 | 58,689,445 |
M.D.C. Holdings, Inc. | 911,019 | 43,227,852 |
Sturm Ruger & Co., Inc. | 280,135 | 14,449,363 |
Whirlpool Corp. | 858,333 | 120,132,287 |
290,759,889 | ||
Consumer Services 1.0% | ||
Cracker Barrel Old Country Store, Inc. | 349,638 | 28,820,660 |
Darden Restaurants, Inc. | 1,915,271 | 297,843,793 |
H&R Block, Inc. | 2,398,931 | 95,909,262 |
The Wendy's Co. | 2,674,934 | 52,936,944 |
475,510,659 | ||
Energy 9.5% | ||
Chevron Corp. | 11,922,846 | 1,920,770,491 |
Coterra Energy, Inc. | 12,408,115 | 349,784,762 |
EOG Resources, Inc. | 9,243,749 | 1,188,930,996 |
ONEOK, Inc. | 7,033,720 | 458,598,544 |
Valero Energy Corp. | 6,066,981 | 788,100,832 |
4,706,185,625 | ||
Financial Services 7.7% | ||
Artisan Partners Asset Management, Inc., Class A | 1,067,429 | 41,010,622 |
BlackRock, Inc. | 2,356,710 | 1,650,969,623 |
Blackstone, Inc. | 11,177,639 | 1,188,965,460 |
Cohen & Steers, Inc. | 390,278 | 25,438,320 |
Federal Agricultural Mortgage Corp., Class C | 146,246 | 24,616,127 |
Janus Henderson Group plc | 2,080,505 | 57,151,472 |
Lazard Ltd., Class A | 1,777,200 | 61,739,928 |
Northern Trust Corp. | 3,280,035 | 249,512,263 |
Radian Group, Inc. | 2,473,893 | 66,993,023 |
T. Rowe Price Group, Inc. | 3,529,810 | 396,150,576 |
The Western Union Co. | 5,879,276 | 72,609,059 |
3,835,156,473 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Food, Beverage & Tobacco 11.1% | ||
Altria Group, Inc. | 28,098,975 | 1,242,536,675 |
Kellogg Co. | 4,028,058 | 245,792,099 |
PepsiCo, Inc. | 10,580,358 | 1,882,457,295 |
The Coca-Cola Co. | 31,644,447 | 1,893,287,264 |
Tyson Foods, Inc., Class A | 4,494,743 | 239,434,960 |
5,503,508,293 | ||
Household & Personal Products 1.4% | ||
Kimberly-Clark Corp. | 5,311,351 | 684,261,349 |
Insurance 1.8% | ||
Fidelity National Financial, Inc. | 4,282,545 | 177,297,363 |
First American Financial Corp. | 1,630,636 | 100,577,628 |
Stewart Information Services Corp. | 423,896 | 19,634,863 |
The Allstate Corp. | 4,138,834 | 446,207,694 |
Unum Group | 2,943,644 | 144,797,848 |
888,515,396 | ||
Materials 3.2% | ||
Amcor plc | 23,381,741 | 227,738,157 |
Huntsman Corp. | 2,837,701 | 79,086,727 |
International Paper Co. | 5,597,435 | 195,462,430 |
LyondellBasell Industries N.V., Class A | 3,996,990 | 394,782,702 |
Newmont Corp. | 12,491,080 | 492,398,374 |
Packaging Corp. of America | 1,456,208 | 217,120,613 |
1,606,589,003 | ||
Media & Entertainment 0.6% | ||
Paramount Global, Class B | 7,952,849 | 120,008,491 |
The Interpublic Group of Cos., Inc. | 6,114,222 | 199,384,780 |
319,393,271 | ||
Pharmaceuticals, Biotechnology & Life Sciences 15.8% | ||
AbbVie, Inc. | 13,960,649 | 2,051,656,977 |
Amgen, Inc. | 8,403,188 | 2,154,073,212 |
Merck & Co., Inc. | 17,545,609 | 1,912,120,469 |
Pfizer, Inc. | 49,000,481 | 1,733,637,018 |
7,851,487,676 | ||
Semiconductors & Semiconductor Equipment 8.2% | ||
Broadcom, Inc. | 2,404,183 | 2,218,796,449 |
Texas Instruments, Inc. | 11,079,236 | 1,861,976,402 |
4,080,772,851 | ||
Technology Hardware & Equipment 4.4% | ||
Cisco Systems, Inc. | 38,281,007 | 2,195,415,751 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Telecommunication Services 3.8% | ||
Verizon Communications, Inc. | 54,045,056 | 1,890,496,059 |
Transportation 3.8% | ||
United Parcel Service, Inc., Class B | 11,111,536 | 1,882,294,198 |
Utilities 0.3% | ||
Clearway Energy, Inc., Class A | 540,006 | 12,657,741 |
NRG Energy, Inc. | 3,627,540 | 136,214,127 |
148,871,868 | ||
Total Common Stocks (Cost $46,883,235,136) | 49,471,372,435 |
SHORT-TERM INVESTMENTS 0.2% OF NET ASSETS | ||
Money Market Funds 0.2% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (b) | 49,618,520 | 49,618,520 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (b)(c) | 29,140,140 | 29,140,140 |
78,758,660 | ||
Total Short-Term Investments (Cost $78,758,660) | 78,758,660 | |
Total Investments in Securities (Cost $46,961,993,796) | 49,550,131,095 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED DEPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
DJIA CBOT, e-mini, expires 09/15/23 | 629 | 109,417,695 | (799,049 ) |
S&P 400 Mid-Cap Index, e-mini, expires 09/15/23 | 103 | 27,281,610 | (45,310 ) |
(844,359 ) |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $28,611,176. |
(b) | The rate shown is the annualized 7-day yield. |
(c) | Security purchased with cash collateral received for securities on loan. |
CBOT — | Chicago Board of Trade |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Common Stocks1 | $49,471,372,435 | $— | $— | $49,471,372,435 |
Short-Term Investments1 | 78,758,660 | — | — | 78,758,660 |
Liabilities | ||||
Futures Contracts2 | (844,359 ) | — | — | (844,359 ) |
Total | $49,549,286,736 | $— | $— | $49,549,286,736 |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - unaffiliated (cost $46,961,993,796) including securities on loan of $28,611,176 | $49,550,131,095 | |
Deposit with broker for futures contracts | 9,712,000 | |
Receivables: | ||
Dividends | 155,112,197 | |
Fund shares sold | 33,546,767 | |
Income from securities on loan | + | 12,306 |
Total assets | 49,748,514,365 | |
Liabilities | ||
Collateral held for securities on loan | 29,140,140 | |
Payables: | ||
Investments bought | 105,459,342 | |
Management fees | 2,497,859 | |
Variation margin on futures contracts | + | 912,614 |
Total liabilities | 138,009,955 | |
Net assets | $49,610,504,410 | |
Net Assets by Source | ||
Capital received from investors | $49,104,345,410 | |
Total distributable earnings | + | 506,159,000 |
Net assets | $49,610,504,410 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$49,610,504,410 | 665,600,000 | $74.54 | ||
For the period September 1, 2022 through August 31, 2023 | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $31,308) | $1,697,590,473 | |
Securities on loan, net | + | 67,027 |
Total investment income | 1,697,657,500 | |
Expenses | ||
Management fees | 26,787,719 | |
Proxy fees1 | + | 588,932 |
Total expenses | – | 27,376,651 |
Net investment income | 1,670,280,849 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated | (1,375,541,061 ) | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 558,997,951 | |
Net realized losses on futures contracts | + | (5,380,926 ) |
Net realized losses | (821,924,036 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 1,882,428,394 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 3,598,203 |
Net change in unrealized appreciation (depreciation) | + | 1,886,026,597 |
Net realized and unrealized gains | 1,064,102,561 | |
Increase in net assets resulting from operations | $2,734,383,410 |
1 | Proxy fees are non-routine expenses (see financial note 2(e) for additional information). |
OPERATIONS | |||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||
Net investment income | $1,670,280,849 | $1,089,446,351 | |
Net realized gains (losses) | (821,924,036 ) | 900,938,380 | |
Net change in unrealized appreciation (depreciation) | + | 1,886,026,597 | (3,630,852,309 ) |
Increase (decrease) in net assets resulting from operations | $2,734,383,410 | ($1,640,467,578 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($1,545,094,465 ) | ($1,019,575,010 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 183,450,000 | $13,551,421,768 | 219,600,000 | $16,965,868,871 | |
Shares redeemed | + | (30,350,000 ) | (2,224,717,829 ) | (67,050,000 ) | (5,166,046,729 ) |
Net transactions in fund shares | 153,100,000 | $11,326,703,939 | 152,550,000 | $11,799,822,142 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/22-8/31/23 | 9/1/21-8/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 512,500,000 | $37,094,511,526 | 359,950,000 | $27,954,731,972 | |
Total increase | + | 153,100,000 | 12,515,992,884 | 152,550,000 | 9,139,779,554 |
End of period | 665,600,000 | $49,610,504,410 | 512,500,000 | $37,094,511,526 |
SCHWAB STRATEGIC TRUST (ORGANIZED JANUARY 27, 2009) | |
Schwab U.S. Broad Market ETF | Schwab Short-Term U.S. Treasury ETF |
Schwab 1000 Index ETF | Schwab Intermediate-Term U.S. Treasury ETF |
Schwab U.S. Large-Cap ETF | Schwab Long-Term U.S. Treasury ETF |
Schwab U.S. Large-Cap Growth ETF | Schwab U.S. Aggregate Bond ETF |
Schwab U.S. Large-Cap Value ETF | Schwab 1-5 Year Corporate Bond ETF |
Schwab U.S. Mid-Cap ETF | Schwab 5-10 Year Corporate Bond ETF |
Schwab U.S. Small-Cap ETF | Schwab Fundamental U.S. Broad Market Index ETF |
Schwab U.S. Dividend Equity ETF | Schwab Fundamental U.S. Large Company Index ETF |
Schwab U.S. REIT ETF | Schwab Fundamental U.S. Small Company Index ETF |
Schwab International Dividend Equity 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 Emerging Markets Equity ETF | Schwab Ariel ESG ETF |
Schwab U.S. TIPS ETF | Schwab Crypto Thematic ETF |
Schwab Municipal Bond ETF | Schwab High Yield Bond ETF |
2. Significant Accounting Policies:
3. Risk Factors:
4. Affiliates and Affiliated Transactions:
SCHWAB U.S. BROAD MARKET ETF | SCHWAB 1000 INDEX 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 % | 0.05 % | 0.03 % | 0.04 % | 0.04 % | 0.04 % | 0.04 % | 0.06 % |
UNDERLYING FUNDS | |||
SCHWAB U.S. LARGE-CAP ETF | SCHWAB U.S. SMALL-CAP ETF | SCHWAB U.S. DIVIDEND EQUITY ETF | |
Schwab Monthly Income Fund - Flexible Payout | — % | — % | 0.0 %* |
Schwab Monthly Income Fund - Income Payout | — % | — % | 0.0 %* |
Schwab Monthly Income Fund - Target Payout | — % | — % | 0.0 %* |
Schwab Target 2010 Index Fund | 0.0 %* | 0.0 %* | — % |
Schwab Target 2015 Index Fund | 0.0 %* | 0.0 %* | — % |
Schwab Target 2020 Index Fund | 0.2 % | 0.0 %* | — % |
Schwab Target 2025 Index Fund | 0.5 % | 0.1 % | — % |
Schwab Target 2030 Index Fund | 1.0 % | 0.2 % | — % |
Schwab Target 2035 Index Fund | 0.8 % | 0.2 % | — % |
Schwab Target 2040 Index Fund | 1.0 % | 0.2 % | — % |
Schwab Target 2045 Index Fund | 0.7 % | 0.2 % | — % |
Schwab Target 2050 Index Fund | 0.9 % | 0.2 % | — % |
Schwab Target 2055 Index Fund | 0.6 % | 0.2 % | — % |
Schwab Target 2060 Index Fund | 0.7 % | 0.2 % | — % |
Schwab Target 2065 Index Fund | 0.1 % | 0.0 %* | — % |
Schwab VIT Balanced Portfolio | 0.1 % | 0.0 %* | — % |
Schwab VIT Balanced with Growth Portfolio | 0.2 % | 0.0 %* | — % |
Schwab VIT Growth Portfolio | 0.2 % | 0.1 % | — % |
* | Less than 0.05% |
PURCHASE COST | SALE PROCEEDS | REALIZED GAINS (LOSSES) | |
Schwab U.S. Broad Market ETF | $84,640,575 | $169,617,147 | ($76,385,634 ) |
Schwab 1000 Index ETF | 22,134,451 | 26,636,355 | (17,956,206 ) |
Schwab U.S. Large-Cap ETF | 263,193,468 | 319,954,229 | (210,135,240 ) |
Schwab U.S. Large-Cap Growth ETF | 416,810,845 | 447,414,241 | (223,847,666 ) |
Schwab U.S. Large-Cap Value ETF | 286,778,067 | 382,755,627 | (40,095,911 ) |
Schwab U.S. Mid-Cap ETF | 139,408,980 | 280,096,543 | (151,998,665 ) |
Schwab U.S. Small-Cap ETF | 191,509,436 | 504,751,392 | (82,401,644 ) |
Schwab U.S. Dividend Equity ETF | 226,863,387 | 286,798,054 | (50,741,113 ) |
5. Other Service Providers:
6. Board of Trustees:
7. Borrowing from Banks:
8. Derivatives:
NOTIONAL AMOUNTS | NUMBER OF CONTRACTS | |
Schwab U.S. Broad Market ETF | $29,617,452 | 144 |
Schwab 1000 Index ETF | 4,002,425 | 19 |
Schwab U.S. Large-Cap ETF | 50,153,106 | 244 |
Schwab U.S. Large-Cap Growth ETF | 16,933,584 | 136 |
Schwab U.S. Large-Cap Value ETF | 19,427,348 | 246 |
Schwab U.S. Mid-Cap ETF | 15,969,075 | 65 |
Schwab U.S. Small-Cap ETF | 21,967,068 | 238 |
Schwab U.S. Dividend Equity ETF | 101,773,838 | 570 |
9. Purchases and Sales of Investment Securities:
PURCHASES OF SECURITIES | SALES OF SECURITIES | |
Schwab U.S. Broad Market ETF | $901,702,700 | $763,127,047 |
Schwab 1000 Index ETF | 127,289,816 | 102,782,594 |
Schwab U.S. Large-Cap ETF | 1,304,232,705 | 1,162,812,605 |
Schwab U.S. Large-Cap Growth ETF | 1,470,382,892 | 1,377,878,065 |
Schwab U.S. Large-Cap Value ETF | 708,123,326 | 685,500,453 |
Schwab U.S. Mid-Cap ETF | 1,940,816,696 | 1,675,266,784 |
Schwab U.S. Small-Cap ETF | 1,805,627,997 | 1,286,800,190 |
Schwab U.S. Dividend Equity ETF | 12,564,743,909 | 12,407,610,454 |
10. In-Kind Transactions:
IN-KIND PURCHASES OF SECURITIES | IN-KIND SALES OF SECURITIES | |
Schwab U.S. Broad Market ETF | $1,549,838,837 | $1,151,594,838 |
Schwab 1000 Index ETF | 388,243,930 | 46,662,882 |
Schwab U.S. Large-Cap ETF | 2,532,328,509 | 1,640,626,358 |
Schwab U.S. Large-Cap Growth ETF | 2,235,561,344 | 720,793,079 |
Schwab U.S. Large-Cap Value ETF | 891,929,118 | 1,027,410,332 |
Schwab U.S. Mid-Cap ETF | 1,065,634,630 | 901,448,693 |
Schwab U.S. Small-Cap ETF | 2,160,266,325 | 1,880,880,516 |
Schwab U.S. Dividend Equity ETF | 13,132,808,080 | 1,854,870,922 |
11. Federal Income Taxes:
TAX COST | GROSS UNREALIZED APPRECIATION | GROSS UNREALIZED DEPRECIATION | NET UNREALIZED APPRECIATION (DEPRECIATION) | |
Schwab U.S. Broad Market ETF | $15,124,093,182 | $9,585,312,790 | ($1,261,429,273 ) | $8,323,883,517 |
Schwab 1000 Index ETF | 2,286,621,683 | 788,717,566 | (139,812,614 ) | 648,904,952 |
Schwab U.S. Large-Cap ETF | 23,128,655,868 | 12,414,763,282 | (1,563,139,689 ) | 10,851,623,593 |
Schwab U.S. Large-Cap Growth ETF | 12,275,164,375 | 8,115,133,531 | (574,988,845 ) | 7,540,144,686 |
Schwab U.S. Large-Cap Value ETF | 8,324,353,648 | 2,109,438,151 | (631,086,602 ) | 1,478,351,549 |
Schwab U.S. Mid-Cap ETF | 8,767,232,590 | 2,218,806,297 | (984,673,822 ) | 1,234,132,475 |
Schwab U.S. Small-Cap ETF | 14,443,376,747 | 3,244,287,971 | (3,055,143,824 ) | 189,144,147 |
Schwab U.S. Dividend Equity ETF | 47,254,980,698 | 5,255,804,962 | (2,961,498,924 ) | 2,294,306,038 |
UNDISTRIBUTED ORDINARY INCOME | NET UNREALIZED APPRECIATION (DEPRECIATION) ON INVESTMENTS | CAPITAL LOSS CARRYFORWARDS AND OTHER LOSSES | TOTAL | |
Schwab U.S. Broad Market ETF | $68,948,164 | $8,323,883,517 | ($380,594,527 ) | $8,012,237,154 |
Schwab 1000 Index ETF | 8,359,991 | 648,904,952 | (57,703,361 ) | 599,561,582 |
Schwab U.S. Large-Cap ETF | 98,799,035 | 10,851,623,593 | (726,296,280 ) | 10,224,126,348 |
Schwab U.S. Large-Cap Growth ETF | 15,223,450 | 7,540,144,686 | (761,797,929 ) | 6,793,570,207 |
Schwab U.S. Large-Cap Value ETF | 50,072,776 | 1,478,351,549 | (510,288,346 ) | 1,018,135,979 |
Schwab U.S. Mid-Cap ETF | 28,633,308 | 1,234,132,475 | (931,787,074 ) | 330,978,709 |
Schwab U.S. Small-Cap ETF | 49,098,037 | 189,144,147 | (1,019,801,165 ) | (781,558,981 ) |
Schwab U.S. Dividend Equity ETF | 319,365,046 | 2,294,306,038 | (2,107,512,084 ) | 506,159,000 |
Schwab U.S. Broad Market ETF | $380,594,527 |
Schwab 1000 Index ETF | 57,703,361 |
Schwab U.S. Large-Cap ETF | 726,296,280 |
Schwab U.S. Large-Cap Growth ETF | 761,797,929 |
Schwab U.S. Large-Cap Value ETF | 510,288,346 |
Schwab U.S. Mid-Cap ETF | 931,787,074 |
Schwab U.S. Small-Cap ETF | 1,019,801,165 |
Schwab U.S. Dividend Equity ETF | 2,107,512,084 |
CURRENT FISCAL YEAR END DISTRIBUTIONS | PRIOR FISCAL YEAR END DISTRIBUTIONS | |
ORDINARY INCOME | ORDINARY INCOME | |
Schwab U.S. Broad Market ETF | $337,594,345 | $301,551,265 |
Schwab 1000 Index ETF | 38,671,065 | 29,128,865 |
Schwab U.S. Large-Cap ETF | 491,587,390 | 444,552,685 |
Schwab U.S. Large-Cap Growth ETF | 83,274,425 | 75,895,760 |
Schwab U.S. Large-Cap Value ETF | 245,578,070 | 212,274,805 |
Schwab U.S. Mid-Cap ETF | 160,033,135 | 141,961,375 |
Schwab U.S. Small-Cap ETF | 203,432,945 | 200,176,110 |
Schwab U.S. Dividend Equity ETF | 1,545,094,465 | 1,019,575,010 |
12. Share Splits:
13. Subsequent Events:
Denver, Colorado
October 17, 2023
Schwab U.S. Broad Market ETF | 91.02 % |
Schwab 1000 Index ETF | 93.62 % |
Schwab U.S. Large-Cap ETF | 92.70 % |
Schwab U.S. Large-Cap Growth ETF | 95.90 % |
Schwab U.S. Large-Cap Value ETF | 92.78 % |
Schwab U.S. Mid-Cap ETF | 73.42 % |
Schwab U.S. Small-Cap ETF | 71.34 % |
Schwab U.S. Dividend Equity ETF | 99.49 % |
Schwab U.S. Broad Market ETF | $316,246,722 |
Schwab 1000 Index ETF | 37,238,342 |
Schwab U.S. Large-Cap ETF | 471,474,539 |
Schwab U.S. Large-Cap Growth ETF | 83,274,425 |
Schwab U.S. Large-Cap Value ETF | 234,668,933 |
Schwab U.S. Mid-Cap ETF | 119,944,356 |
Schwab U.S. Small-Cap ETF | 148,683,304 |
Schwab U.S. Dividend Equity ETF | 1,545,094,465 |
Schwab U.S. Broad Market ETF | $18,672,905 |
Schwab 1000 Index ETF | 1,432,723 |
Schwab U.S. Large-Cap ETF | 20,112,851 |
Schwab U.S. Large-Cap Growth ETF | — |
Schwab U.S. Large-Cap Value ETF | 10,909,137 |
Schwab U.S. Mid-Cap ETF | 28,700,780 |
Schwab U.S. Small-Cap ETF | 30,410,643 |
Schwab U.S. Dividend Equity ETF | — |
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 |
Michael J. Beer 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 2022) | Retired. Director, President and Chief Executive Officer (Dec. 2016 – Sept. 2019), Principal Funds (investment management). | 106 | Director (2016 – 2019), Principal Funds, Inc. |
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. | 106 | None |
Nancy F. Heller 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 2018) | Retired. | 106 | None |
David L. Mahoney 1954 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2011; Schwab Strategic Trust since 2016) | Private Investor. | 106 | Director (2004 – present), Corcept Therapeutics Incorporated Director (2009 – 2021), Adamas Pharmaceuticals, Inc. Director (2003 – 2019), Symantec Corporation |
Jane P. Moncreiff 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 2019) | Consultant (2018 – present), Fulham Advisers LLC (management consulting); Chief Investment Officer (2009 – 2017), CareGroup Healthcare System, Inc. (healthcare). | 106 | None |
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 (2008 – present), Patmore Management Consulting (management consulting). | 106 | None |
J. Derek Penn 1957 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2021) | Head of Equity Sales and Trading (2006 – 2018), BNY Mellon (financial services). | 106 | None |
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 since 2010) | Co-Chairman of the Board (July 2022 – present), Director and Chief Executive Officer (Oct. 2008 – present) and President (Feb. 2007 – Oct. 2021), The Charles Schwab Corporation; President and Chief Executive Officer (Oct. 2008 – Oct. 2021) and Director (May 2008 – Oct. 2021), Charles Schwab & Co., Inc.; Director (Apr. 2006 – present), Charles Schwab Bank, SSB; Director (Nov. 2017 – present), Charles Schwab Premier Bank, SSB; Director (July 2019 – present), Charles Schwab Trust Bank; Director (May 2008 – present), Chief Executive Officer (Aug. 2017 – present) and President (Aug. 2017 – Nov. 2021), Schwab Holdings, Inc.; Director (Oct. 2020 – present), TD Ameritrade Holding Corporation; Director (July 2016 – Oct. 2021), Charles Schwab Investment Management, Inc. | 106 | Director (2008 – present), The Charles Schwab Corporation |
Richard A. Wurster2 1973 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2022) | President (Oct. 2021 – present) and Executive Vice President – Schwab Asset Management Solutions (Apr. 2019 – Oct. 2021), The Charles Schwab Corporation; President, Director (Oct. 2021 – present), Executive Vice President – Schwab Asset Management Solutions (July 2019 – Oct. 2021) and Senior Vice President – Advisory (May 2016 – July 2019), Charles Schwab & Co., Inc.; President (Nov. 2021 – present), Schwab Holdings, Inc.; Director (Oct. 2021 – present) and Chief Executive Officer (Nov. 2019 – Jan. 2022), Charles Schwab Investment Management, Inc.; Director, Chief Executive Officer and President (Mar. 2018 – Oct. 2022), Charles Schwab Investment Advisory, Inc.; Chief Executive Officer (July 2016 – Apr. 2018) and President (Mar. 2017 – Apr. 2018), ThomasPartners, Inc.; Chief Executive Officer (July 2016 – Apr. 2018), Windhaven Investment Management, Inc. | 106 | 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 |
Omar Aguilar 1970 Chief Executive Officer and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) | Chief Executive Officer (Jan. 2022 – present), Chief Investment Officer (Apr. 2011 – present) and Senior Vice President (Apr. 2011 – Dec. 2021), Charles Schwab Investment Management, Inc.; Director, Chief Executive Officer and President (Oct. 2022 – present), Charles Schwab Investment Advisory, Inc.; Chief Executive Officer (Sept. 2023 – present), Chief Investment Officer (June 2011 – present) and Vice President (June 2011 – Sept. 2023), Schwab Funds, Laudus Trust and Schwab ETFs. |
Jonathan de St. Paer 1973 President (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2018) | Director (Apr. 2019 – present), President (Oct. 2018 – present), Chief Operating Officer (Jan. 2021 – present), and Chief Executive Officer (Apr. 2019 – Nov. 2019), Charles Schwab Investment Management, Inc.; Senior Vice President (June 2020 – Mar. 2022) and Chief Operating Officer (Jan. 2021 – Mar. 2022), Charles Schwab Investment Advisory, Inc.; President (Nov. 2018 – present), Chief Executive Officer (Apr. 2019 – Sept. 2023) and Trustee (Apr. 2019 – Dec. 2020), Schwab Funds, Laudus Trust and Schwab ETFs; Managing Director (May 2022 – present), Senior Vice President (Apr. 2019 – May 2022) and Senior Vice President – Strategy and Product Development (CSIM) (Jan. 2014 – Mar. 2019), Charles Schwab & Co., Inc. |
Mark Fischer 1970 Chief Operating Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2013) | Chief Operating Officer (Dec. 2020 – present) and Treasurer and Chief Financial Officer (Jan. 2016 – Dec. 2022), Schwab Funds, Laudus Trust and Schwab ETFs; Managing Director (Mar. 2023 – present), Chief Financial Officer (Mar. 2020 – present) and Vice President (Oct. 2013 – Mar. 2023), Charles Schwab Investment Management, Inc. |
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 |
Dana Smith 1965 Treasurer and Chief Financial Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2023) | Treasurer and Chief Financial Officer (Jan. 2023 – present) and Assistant Treasurer (Dec. 2015 – Dec. 2022), Schwab Funds, Laudus Trust and Schwab ETFs; Managing Director (Mar. 2023 – present), Vice President (Mar. 2022 – Mar. 2023) and Director (Oct. 2015 – Mar. 2022), Charles Schwab Investment Management, Inc. |
Brett Wander 1961 Vice President and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) | Managing Director (Mar. 2023 – present), Chief Investment Officer (Apr. 2011 – present) and Senior Vice President (Apr. 2011 – Mar. 2023) Charles Schwab Investment Management, Inc.; Vice President and Chief Investment Officer (June 2011 – present), Schwab Funds, Laudus Trust and Schwab ETFs. |
William P. McMahon, Jr. 1972 Vice President and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2021) | Managing Director (Mar. 2023 – present), Chief Investment Officer (Jan. 2020 – present) and Senior Vice President (Jan. 2020 – Mar. 2023) Charles Schwab Investment Management, Inc.; Vice President and Chief Investment Officer (June 2021 – present), Schwab Funds, Laudus Trust and Schwab ETFs; Senior Vice President and Chief Investment Officer – ThomasPartners Strategies (Apr. 2018 – Dec. 2019), Charles Schwab Investment Advisory, Inc.; Senior Vice President and Chief Investment Officer (May 2001 – Apr. 2018), ThomasPartners, Inc. |
Catherine MacGregor 1964 Chief Legal Officer and Secretary, Schwab Funds and Schwab ETFs Chief Legal Officer, Vice President and Clerk, Laudus Trust (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2005; Schwab Strategic Trust since 2009) | Managing Director (Mar. 2023 – present), Chief Legal Officer (Mar. 2022 – present) and Vice President (Sept. 2005 – Mar. 2023), Charles Schwab Investment Management, Inc.; Managing Director (May 2022 – present) and Vice President (July 2005 – May 2022), Charles Schwab & Co., Inc.; Vice President (Dec. 2005 – present) and Chief Legal Officer and Clerk (Mar. 2007 – present), Laudus Trust; Chief Legal Officer and Secretary (Oct. 2021 – present), Vice President (Nov. 2005 – Oct. 2021) and Assistant Secretary (June 2007 – Oct. 2021), Schwab Funds; Chief Legal Officer and Secretary (Oct. 2021 – present), Vice President and Assistant Secretary (Oct. 2009 – Oct. 2021), Schwab ETFs. |
Schwab ETFs
Index ETF
Printed on recycled paper.
Total Returns for the 12 Months Ended August 31, 2023 | |
Schwab High Yield Bond ETF (Ticker Symbol: SCYB) | |
Market Price Return1 | 2.04% * |
NAV Return1 | 2.04% * |
ICE BofA US Cash Pay High Yield Constrained Index | 2.15% * |
ETF Category: Morningstar High Yield Bond2 | N/A |
Performance Details | pages 6-7 |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g512081img235791592.jpg)
![]() | Matthew Hastings, CFA, Managing Director and Head of Taxable Bond Strategies for Schwab Asset Management, is responsible for the day-to-day co-management of the fund. Mr. Hastings leads the portfolio management team for the Schwab Taxable Bond Funds and Schwab Fixed-Income ETFs. He also has overall responsibility for all aspects of the management of the funds. Prior to joining Schwab in 1999, Mr. Hastings was in fixed-income sales and trading at Lehman Brothers. He has worked in the fixed-income securities industry since 1996. |
![]() | Ryan Hook, CFA, Senior Portfolio Manager for Schwab Asset Management, is responsible for the day-to-day co-management of the fund. Prior to joining Schwab in 2022, Mr. Hook spent nearly two years as a Portfolio Strategist at Capital Group, where he was responsible for managing high yield institutional mandates. Prior to that, he spent 14 years at Goldman Sachs working mainly in high yield portfolio construction and trading, as well as product management. |
![]() | Steven Hung, Senior Portfolio Manager for Schwab Asset Management, is responsible for the day-to-day co-management of the fund. He is primarily responsible for the management and oversight of corporate bonds within the taxable bond strategies, with additional responsibility for managing municipal bond index strategies. Mr. Hung has been a portfolio manager with Schwab Asset Management since 2005 and prior to that, served in various roles as an associate portfolio manager and trader since 1999. In 1998, he joined Schwab’s management training program and worked as a clerk on the options trading floor of the Pacific Coast Stock Exchange. |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g512081imga9ed92996.jpg)
Weighted Average Maturity3 | 4.7 Yrs |
Weighted Average Duration3 | 3.6 Yrs |
![](https://capedge.com/proxy/N-CSR/0001193125-23-267149/g512081lg_2mf9.jpg)
Fund and Inception Date | Since Inception* |
Fund: Schwab High Yield Bond ETF (7/11/23) | |
Market Price Return2 | 2.04% |
NAV Return2 | 2.04% |
ICE BofA US Cash Pay High Yield Constrained Index | 2.15% |
ETF Category: Morningstar High Yield Bond3 | N/A |
Fund Expense Ratio4: 0.03% |
EXPENSE RATIO (ANNUALIZED) 1 | BEGINNING ACCOUNT VALUE AT 3/1/23 | ENDING ACCOUNT VALUE (NET OF EXPENSES) AT 8/31/232 | EXPENSES PAID DURING PERIOD 3/1/23-8/31/23 2 | |
Schwab High Yield Bond ETF | ||||
Actual Return | 0.10% | $1,000.00 | $1,020.40 | $0.14 |
Hypothetical 5% Return | 0.10% | $1,000.00 | $1,024.70 | $0.51 |
1 | The expense ratio provided for the fund is for the period from 7/11/23 (commencement of operations) through 8/31/23 (see financial note 4 for additional information). |
2 | Actual expenses for the fund are equal to its annualized expense ratio, multiplied by the average account value over the period, multiplied by 52 days in the period from commencement of operations on 7/11/23 through 8/31/23, and divided by 365 days in the fiscal year. Hypothetical expenses for the fund are equal to its annualized expense ratio, multiplied by the average account value over the period, multiplied by 184 days in the period, and divided by 365 days in the fiscal year. |
7/11/231– 8/31/23 | ||||||
Per-Share Data | ||||||
Net asset value at beginning of period | $50.00 | |||||
Income (loss) from investment operations: | ||||||
Net investment income (loss)2 | 0.56 | |||||
Net realized and unrealized gains (losses) | 0.46 | |||||
Total from investment operations | 1.02 | |||||
Net asset value at end of period | $51.02 | |||||
Total return | 2.04 %3 | |||||
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.10 %4 | |||||
Net investment income (loss) | 7.88 %4 | |||||
Portfolio turnover rate5 | 1 %3 | |||||
Net assets, end of period (x 1,000) | $45,918 |
1 | Commencement of operations. |
2 | Calculated based on the average shares outstanding during the period. |
3 | Not annualized. |
4 | Annualized. |
5 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
CORPORATES 95.9% OF NET ASSETS | ||
Financial Institutions 9.6% | ||
Banking 0.7% | ||
Ally Financial, Inc. | ||
5.75%, 11/20/25 (a) | 55,000 | 53,399 |
Intesa Sanpaolo S.p.A. | ||
5.71%, 01/15/26 (b) | 200,000 | 192,385 |
Popular, Inc. | ||
7.25%, 03/13/28 (a) | 20,000 | 20,146 |
Synchrony Financial | ||
7.25%, 02/02/33 (a) | 40,000 | 36,811 |
Western Alliance Bancorp | ||
3.00%, 06/15/31 (a)(c) | 20,000 | 15,867 |
318,608 | ||
Brokerage/Asset Managers/Exchanges 0.7% | ||
AG TTMT Escrow Issuer LLC | ||
8.63%, 09/30/27 (a)(b) | 75,000 | 77,373 |
Coinbase Global, Inc. | ||
3.38%, 10/01/28 (a)(b) | 100,000 | 73,665 |
Compass Group Diversified Holdings LLC | ||
5.25%, 04/15/29 (a)(b) | 75,000 | 68,955 |
Hunt Cos., Inc. | ||
5.25%, 04/15/29 (a)(b) | 24,000 | 18,356 |
NFP Corp. | ||
6.88%, 08/15/28 (a)(b) | 70,000 | 61,717 |
300,066 | ||
Finance Companies 2.5% | ||
Curo Group Holdings Corp. | ||
7.50%, 08/01/28 (a)(b) | 50,000 | 16,742 |
FirstCash, Inc. | ||
5.63%, 01/01/30 (a)(b) | 75,000 | 68,172 |
Fortress Transportation & Infrastructure Investors LLC | ||
6.50%, 10/01/25 (a)(b) | 5,000 | 4,942 |
5.50%, 05/01/28 (a)(b) | 160,000 | 148,774 |
Freedom Mortgage Corp. | ||
8.25%, 04/15/25 (a)(b) | 54,000 | 53,271 |
GGAM Finance Ltd. | ||
8.00%, 06/15/28 (a)(b) | 40,000 | 40,598 |
Goeasy Ltd. | ||
4.38%, 05/01/26 (a)(b) | 30,000 | 27,572 |
Home Point Capital, Inc. | ||
5.00%, 02/01/26 (a)(b) | 25,000 | 23,501 |
Macquarie Airfinance Holdings Ltd. | ||
8.38%, 05/01/28 (a)(b) | 60,000 | 61,317 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Navient Corp. | ||
5.88%, 10/25/24 | 25,000 | 24,649 |
6.75%, 06/25/25 | 60,000 | 59,643 |
5.00%, 03/15/27 (a) | 50,000 | 45,541 |
5.50%, 03/15/29 (a) | 50,000 | 42,800 |
OneMain Finance Corp. | ||
6.88%, 03/15/25 | 60,000 | 59,755 |
7.13%, 03/15/26 | 50,000 | 49,245 |
9.00%, 01/15/29 (a) | 100,000 | 101,470 |
4.00%, 09/15/30 (a) | 50,000 | 38,993 |
PennyMac Financial Services, Inc. | ||
5.38%, 10/15/25 (a)(b) | 15,000 | 14,532 |
4.25%, 02/15/29 (a)(b) | 45,000 | 37,293 |
PROG Holdings, Inc. | ||
6.00%, 11/15/29 (a)(b) | 25,000 | 22,465 |
Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc. | ||
3.88%, 03/01/31 (a)(b) | 175,000 | 142,625 |
SLM Corp. | ||
3.13%, 11/02/26 (a) | 25,000 | 22,276 |
United Wholesale Mortgage LLC | ||
5.50%, 11/15/25 (a)(b) | 50,000 | 48,122 |
1,154,298 | ||
Financial Other 1.9% | ||
Burford Capital Global Finance LLC | ||
6.88%, 04/15/30 (a)(b) | 200,000 | 183,650 |
Credit Acceptance Corp. | ||
5.13%, 12/31/24 (a)(b) | 25,000 | 24,375 |
Five Point Operating Co. LP/Five Point Capital Corp. | ||
7.88%, 11/15/25 (a)(b) | 25,000 | 23,341 |
Icahn Enterprises LP/Icahn Enterprises Finance Corp. | ||
4.75%, 09/15/24 (a) | 60,000 | 58,057 |
5.25%, 05/15/27 (a) | 125,000 | 109,823 |
4.38%, 02/01/29 (a) | 25,000 | 19,769 |
Kennedy-Wilson, Inc. | ||
4.75%, 02/01/30 (a) | 260,000 | 200,573 |
Nationstar Mortgage Holdings, Inc. | ||
6.00%, 01/15/27 (a)(b) | 25,000 | 23,835 |
5.50%, 08/15/28 (a)(b) | 50,000 | 45,365 |
5.75%, 11/15/31 (a)(b) | 10,000 | 8,641 |
PHH Mortgage Corp. | ||
7.88%, 03/15/26 (a)(b) | 20,000 | 17,909 |
PRA Group, Inc. | ||
8.38%, 02/01/28 (a)(b) | 35,000 | 31,978 |
5.00%, 10/01/29 (a)(b) | 135,000 | 101,950 |
The Howard Hughes Corp. | ||
5.38%, 08/01/28 (a)(b) | 50,000 | 45,086 |
894,352 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Insurance 1.8% | ||
Acrisure LLC/Acrisure Finance, Inc. | ||
7.00%, 11/15/25 (a)(b) | 50,000 | 48,372 |
6.00%, 08/01/29 (a)(b) | 35,000 | 30,441 |
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer | ||
4.25%, 10/15/27 (a)(b) | 25,000 | 22,721 |
6.75%, 10/15/27 (a)(b) | 100,000 | 94,629 |
6.75%, 04/15/28 (a)(b) | 25,000 | 24,654 |
AmWINS Group, Inc. | ||
4.88%, 06/30/29 (a)(b) | 25,000 | 22,458 |
AssuredPartners, Inc. | ||
5.63%, 01/15/29 (a)(b) | 5,000 | 4,349 |
BroadStreet Partners, Inc. | ||
5.88%, 04/15/29 (a)(b) | 75,000 | 66,076 |
GTCR AP Finance, Inc. | ||
8.00%, 05/15/27 (a)(b) | 50,000 | 49,477 |
HUB International Ltd. | ||
5.63%, 12/01/29 (a)(b) | 25,000 | 22,136 |
7.25%, 06/15/30 (a)(b) | 160,000 | 163,031 |
Jones Deslauriers Insurance Management, Inc. | ||
10.50%, 12/15/30 (a)(b) | 10,000 | 10,193 |
Liberty Mutual Group, Inc. | ||
7.80%, 03/07/87 (b) | 50,000 | 51,552 |
MGIC Investment Corp. | ||
5.25%, 08/15/28 (a) | 25,000 | 23,883 |
Molina Healthcare, Inc. | ||
4.38%, 06/15/28 (a)(b) | 100,000 | 91,860 |
NMI Holdings, Inc. | ||
7.38%, 06/01/25 (a)(b) | 55,000 | 55,422 |
USI, Inc. | ||
6.88%, 05/01/25 (a)(b) | 25,000 | 25,020 |
806,274 | ||
REITs 2.0% | ||
Apollo Commercial Real Estate Finance, Inc. | ||
4.63%, 06/15/29 (a)(b) | 20,000 | 15,705 |
Blackstone Mortgage Trust, Inc. | ||
3.75%, 01/15/27 (a)(b) | 25,000 | 21,406 |
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LL | ||
5.75%, 05/15/26 (a)(b) | 25,000 | 22,967 |
4.50%, 04/01/27 (a)(b) | 50,000 | 41,804 |
Diversified Healthcare Trust | ||
9.75%, 06/15/25 (a) | 25,000 | 24,611 |
4.38%, 03/01/31 (a) | 25,000 | 18,885 |
HAT Holdings I LLC/HAT Holdings II LLC | ||
3.38%, 06/15/26 (a)(b) | 65,000 | 58,436 |
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp. | ||
4.25%, 02/01/27 (a)(b) | 25,000 | 22,639 |
4.75%, 06/15/29 (a)(b) | 25,000 | 21,043 |
MPT Operating Partnership LP/MPT Finance Corp. | ||
5.25%, 08/01/26 (a) | 25,000 | 21,267 |
5.00%, 10/15/27 (a) | 75,000 | 59,337 |
4.63%, 08/01/29 (a) | 40,000 | 28,931 |
Office Properties Income Trust | ||
2.40%, 02/01/27 (a) | 50,000 | 33,873 |
Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co-Issuer | ||
5.88%, 10/01/28 (a)(b) | 50,000 | 46,300 |
4.88%, 05/15/29 (a)(b) | 20,000 | 17,368 |
RHP Hotel Properties LP/RHP Finance Corp. | ||
7.25%, 07/15/28 (a)(b) | 15,000 | 15,089 |
4.50%, 02/15/29 (a)(b) | 50,000 | 43,935 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Rithm Capital Corp. | ||
6.25%, 10/15/25 (a)(b) | 10,000 | 9,436 |
RLJ Lodging Trust LP | ||
3.75%, 07/01/26 (a)(b) | 75,000 | 68,786 |
Service Properties Trust | ||
4.35%, 10/01/24 (a) | 90,000 | 86,698 |
7.50%, 09/15/25 (a) | 100,000 | 98,912 |
5.25%, 02/15/26 (a) | 20,000 | 18,442 |
Starwood Property Trust, Inc. | ||
3.63%, 07/15/26 (a)(b) | 25,000 | 22,396 |
4.38%, 01/15/27 (a)(b) | 25,000 | 22,352 |
The Necessity Retail REIT Inc/American Finance Operating Partner LP | ||
4.50%, 09/30/28 (a)(b) | 40,000 | 30,671 |
XHR LP | ||
4.88%, 06/01/29 (a)(b) | 50,000 | 43,306 |
914,595 | ||
4,388,193 | ||
Industrial 83.3% | ||
Basic Industry 4.5% | ||
Alliance Resource Operating Partners LP/Alliance Resource Finance Corp. | ||
7.50%, 05/01/25 (a)(b) | 50,000 | 49,881 |
Ashland, Inc. | ||
6.88%, 05/15/43 (a) | 15,000 | 14,676 |
ASP Unifrax Holdings, Inc. | ||
5.25%, 09/30/28 (a)(b) | 25,000 | 16,930 |
7.50%, 09/30/29 (a)(b) | 10,000 | 5,215 |
ATI, Inc. | ||
4.88%, 10/01/29 (a) | 25,000 | 22,595 |
5.13%, 10/01/31 (a) | 25,000 | 22,198 |
Avient Corp. | ||
5.75%, 05/15/25 (a)(b) | 2,000 | 1,975 |
7.13%, 08/01/30 (a)(b) | 75,000 | 74,996 |
Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV | ||
4.75%, 06/15/27 (a)(b) | 150,000 | 141,292 |
Baffinland Iron Mines Corp./Baffinland Iron Mines LP | ||
8.75%, 07/15/26 (a)(b) | 25,000 | 24,401 |
Big River Steel LLC/BRS Finance Corp. | ||
6.63%, 01/31/29 (a)(b) | 15,000 | 14,927 |
Cleveland-Cliffs, Inc. | ||
5.88%, 06/01/27 (a) | 50,000 | 48,209 |
6.75%, 04/15/30 (a)(b) | 50,000 | 47,729 |
Commercial Metals Co. | ||
4.13%, 01/15/30 (a) | 25,000 | 22,148 |
CVR Partners LP/CVR Nitrogen Finance Corp. | ||
6.13%, 06/15/28 (a)(b) | 25,000 | 22,406 |
Domtar Corp. | ||
6.75%, 10/01/28 (a)(b) | 25,000 | 21,651 |
Eldorado Gold Corp. | ||
6.25%, 09/01/29 (a)(b) | 25,000 | 21,381 |
Element Solutions, Inc. | ||
3.88%, 09/01/28 (a)(b) | 25,000 | 22,000 |
FMG Resources August 2006 Pty Ltd. | ||
4.50%, 09/15/27 (a)(b) | 20,000 | 18,475 |
5.88%, 04/15/30 (a)(b) | 15,000 | 13,935 |
4.38%, 04/01/31 (a)(b) | 25,000 | 20,971 |
6.13%, 04/15/32 (a)(b) | 85,000 | 79,192 |
GrafTech Finance, Inc. | ||
4.63%, 12/15/28 (a)(b) | 65,000 | 51,083 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Graphic Packaging International LLC | ||
3.50%, 03/15/28 (b) | 10,000 | 8,919 |
3.50%, 03/01/29 (a)(b) | 75,000 | 64,360 |
3.75%, 02/01/30 (a)(b) | 15,000 | 12,800 |
Hecla Mining Co. | ||
7.25%, 02/15/28 (a) | 25,000 | 24,585 |
Hudbay Minerals, Inc. | ||
6.13%, 04/01/29 (a)(b) | 25,000 | 23,527 |
Innophos Holdings, Inc. | ||
9.38%, 02/15/28 (a)(b) | 2,000 | 1,965 |
Kaiser Aluminum Corp. | ||
4.63%, 03/01/28 (a)(b) | 25,000 | 22,143 |
LSB Industries, Inc. | ||
6.25%, 10/15/28 (a)(b) | 60,000 | 54,927 |
Mercer International, Inc. | ||
5.13%, 02/01/29 (a) | 90,000 | 73,709 |
Methanex Corp. | ||
5.13%, 10/15/27 (a) | 85,000 | 79,807 |
Mineral Resources Ltd. | ||
8.13%, 05/01/27 (a)(b) | 5,000 | 4,995 |
8.50%, 05/01/30 (a)(b) | 75,000 | 75,362 |
Minerals Technologies, Inc. | ||
5.00%, 07/01/28 (a)(b) | 15,000 | 13,814 |
New Gold, Inc. | ||
7.50%, 07/15/27 (a)(b) | 25,000 | 23,900 |
Novelis Corp. | ||
4.75%, 01/30/30 (a)(b) | 100,000 | 89,595 |
Nufarm Australia Ltd./Nufarm Americas, Inc. | ||
5.00%, 01/27/30 (a)(b) | 25,000 | 22,297 |
Olin Corp. | ||
5.13%, 09/15/27 (a) | 20,000 | 19,168 |
5.63%, 08/01/29 (a) | 75,000 | 72,030 |
Olympus Water U.S. Holding Corp. | ||
9.75%, 11/15/28 (a)(b) | 200,000 | 201,715 |
SCIH Salt Holdings, Inc. | ||
4.88%, 05/01/28 (a)(b) | 75,000 | 67,569 |
SK Invictus Intermediate II Sarl | ||
5.00%, 10/30/29 (a)(b) | 15,000 | 12,337 |
Taseko Mines Ltd. | ||
7.00%, 02/15/26 (a)(b) | 75,000 | 69,245 |
The Chemours Co. | ||
5.38%, 05/15/27 (a) | 20,000 | 18,845 |
5.75%, 11/15/28 (a)(b) | 50,000 | 44,961 |
4.63%, 11/15/29 (a)(b) | 16,000 | 13,316 |
Trinseo Materials Operating SCA/Trinseo Materials Finance, Inc. | ||
5.13%, 04/01/29 (a)(b) | 20,000 | 10,823 |
Tronox, Inc. | ||
4.63%, 03/15/29 (a)(b) | 25,000 | 20,623 |
United States Steel Corp. | ||
6.88%, 03/01/29 (a) | 50,000 | 49,852 |
WR Grace Holdings LLC | ||
5.63%, 08/15/29 (a)(b) | 100,000 | 84,660 |
2,060,115 | ||
Capital Goods 10.0% | ||
Advanced Drainage Systems, Inc. | ||
6.38%, 06/15/30 (a)(b) | 50,000 | 49,300 |
Alta Equipment Group, Inc. | ||
5.63%, 04/15/26 (a)(b) | 10,000 | 9,264 |
American Builders & Contractors Supply Co., Inc. | ||
4.00%, 01/15/28 (a)(b) | 50,000 | 45,320 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Amsted Industries, Inc. | ||
5.63%, 07/01/27 (a)(b) | 15,000 | 14,573 |
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance plc | ||
4.00%, 09/01/29 (a)(b) | 200,000 | 162,740 |
Ardagh Packaging Finance plc/Ardagh Holdings USA, Inc. | ||
5.25%, 08/15/27 (a)(b) | 200,000 | 171,557 |
ATS Corp. | ||
4.13%, 12/15/28 (a)(b) | 15,000 | 13,343 |
Ball Corp. | ||
5.25%, 07/01/25 | 40,000 | 39,482 |
4.88%, 03/15/26 (a) | 55,000 | 53,483 |
6.88%, 03/15/28 (a) | 50,000 | 50,802 |
6.00%, 06/15/29 (a) | 25,000 | 24,676 |
2.88%, 08/15/30 (a) | 50,000 | 40,948 |
Beacon Roofing Supply, Inc. | ||
4.13%, 05/15/29 (a)(b) | 25,000 | 21,524 |
6.50%, 08/01/30 (a)(b) | 20,000 | 19,780 |
Berry Global, Inc. | ||
5.63%, 07/15/27 (a)(b) | 25,000 | 24,529 |
Bombardier, Inc. | ||
7.50%, 03/15/25 (a)(b) | 10,000 | 10,017 |
7.13%, 06/15/26 (a)(b) | 50,000 | 49,214 |
7.88%, 04/15/27 (a)(b) | 150,000 | 149,773 |
6.00%, 02/15/28 (a)(b) | 50,000 | 46,777 |
7.50%, 02/01/29 (a)(b) | 25,000 | 24,520 |
Builders FirstSource, Inc. | ||
4.25%, 02/01/32 (a)(b) | 100,000 | 85,107 |
BWX Technologies, Inc. | ||
4.13%, 04/15/29 (a)(b) | 35,000 | 31,176 |
Chart Industries, Inc. | ||
7.50%, 01/01/30 (a)(b) | 50,000 | 51,295 |
9.50%, 01/01/31 (a)(b) | 10,000 | 10,777 |
Clean Harbors, Inc. | ||
4.88%, 07/15/27 (a)(b) | 50,000 | 47,824 |
6.38%, 02/01/31 (a)(b) | 10,000 | 9,953 |
Clydesdale Acquisition Holdings, Inc. | ||
8.75%, 04/15/30 (a)(b) | 40,000 | 36,213 |
Cornerstone Building Brands, Inc. | ||
6.13%, 01/15/29 (a)(b) | 30,000 | 24,391 |
Covanta Holding Corp. | ||
4.88%, 12/01/29 (a)(b) | 25,000 | 21,524 |
CP Atlas Buyer, Inc. | ||
7.00%, 12/01/28 (a)(b) | 50,000 | 42,037 |
Crown Americas LLC/Crown Americas Capital Corp. V | ||
4.25%, 09/30/26 (a) | 25,000 | 23,569 |
Crown Americas LLC/Crown Americas Capital Corp. VI | ||
4.75%, 02/01/26 (a) | 50,000 | 48,262 |
Crown Cork & Seal Co., Inc. | ||
7.38%, 12/15/26 | 4,000 | 4,161 |
Eco Material Technologies, Inc. | ||
7.88%, 01/31/27 (a)(b) | 10,000 | 9,760 |
Emerald Debt Merger Sub LLC | ||
6.63%, 12/15/30 (a)(b) | 75,000 | 73,925 |
Enviri Corp. | ||
5.75%, 07/31/27 (a)(b) | 10,000 | 8,683 |
EquipmentShare.com, Inc. | ||
9.00%, 05/15/28 (a)(b) | 25,000 | 24,844 |
FXI Holdings, Inc. | ||
12.25%, 11/15/26 (a)(b) | 50,000 | 44,935 |
Gates Global LLC/Gates Corp. | ||
6.25%, 01/15/26 (a)(b) | 25,000 | 24,773 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
GFL Environmental, Inc. | ||
4.25%, 06/01/25 (a)(b) | 20,000 | 19,363 |
5.13%, 12/15/26 (a)(b) | 50,000 | 48,428 |
4.75%, 06/15/29 (a)(b) | 100,000 | 90,686 |
Griffon Corp. | ||
5.75%, 03/01/28 (a) | 50,000 | 46,663 |
H&E Equipment Services, Inc. | ||
3.88%, 12/15/28 (a)(b) | 25,000 | 21,851 |
Herc Holdings, Inc. | ||
5.50%, 07/15/27 (a)(b) | 75,000 | 72,190 |
JELD-WEN, Inc. | ||
4.63%, 12/15/25 (a)(b) | 50,000 | 48,517 |
Knife River Corp. | ||
7.75%, 05/01/31 (a)(b) | 35,000 | 35,869 |
LABL, Inc. | ||
6.75%, 07/15/26 (a)(b) | 50,000 | 48,926 |
10.50%, 07/15/27 (a)(b) | 25,000 | 23,956 |
LBM Acquisition LLC | ||
6.25%, 01/15/29 (a)(b) | 50,000 | 43,686 |
Madison IAQ LLC | ||
4.13%, 06/30/28 (a)(b) | 25,000 | 22,141 |
5.88%, 06/30/29 (a)(b) | 57,000 | 48,045 |
Masonite International Corp. | ||
5.38%, 02/01/28 (a)(b) | 25,000 | 23,714 |
Mauser Packaging Solutions Holding Co. | ||
7.88%, 08/15/26 (a)(b) | 150,000 | 147,847 |
9.25%, 04/15/27 (a)(b) | 25,000 | 22,675 |
MIWD Holdco II LLC/MIWD Finance Corp. | ||
5.50%, 02/01/30 (a)(b) | 25,000 | 21,217 |
Moog, Inc. | ||
4.25%, 12/15/27 (a)(b) | 20,000 | 18,218 |
Mueller Water Products, Inc. | ||
4.00%, 06/15/29 (a)(b) | 25,000 | 22,164 |
NESCO Holdings II, Inc. | ||
5.50%, 04/15/29 (a)(b) | 25,000 | 22,695 |
OI European Group BV | ||
4.75%, 02/15/30 (a)(b) | 10,000 | 9,125 |
Oscar AcquisitionCo LLC/Oscar Finance, Inc. | ||
9.50%, 04/15/30 (a)(b) | 25,000 | 23,427 |
OT Merger Corp. | ||
7.88%, 10/15/29 (a)(b) | 10,000 | 6,573 |
Owens-Brockway Glass Container, Inc. | ||
6.63%, 05/13/27 (a)(b) | 25,000 | 24,735 |
7.25%, 05/15/31 (a)(b) | 75,000 | 75,765 |
Pactiv Evergreen Group Issuer, Inc./Pactiv Evergreen Group Issuer LLC | ||
4.00%, 10/15/27 (a)(b) | 50,000 | 45,016 |
Park River Holdings, Inc. | ||
6.75%, 08/01/29 (a)(b) | 10,000 | 8,063 |
Patrick Industries, Inc. | ||
4.75%, 05/01/29 (a)(b) | 10,000 | 8,566 |
PECF USS Intermediate Holding III Corp. | ||
8.00%, 11/15/29 (a)(b) | 20,000 | 12,775 |
PGT Innovations, Inc. | ||
4.38%, 10/01/29 (a)(b) | 35,000 | 32,515 |
Ritchie Bros Holdings, Inc. | ||
6.75%, 03/15/28 (a)(b) | 18,000 | 18,243 |
7.75%, 03/15/31 (a)(b) | 30,000 | 31,066 |
Roller Bearing Co. of America, Inc. | ||
4.38%, 10/15/29 (a)(b) | 25,000 | 22,398 |
Sealed Air Corp. | ||
5.13%, 12/01/24 (a)(b) | 15,000 | 14,808 |
4.00%, 12/01/27 (a)(b) | 100,000 | 91,614 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Smyrna Ready Mix Concrete LLC | ||
6.00%, 11/01/28 (a)(b) | 50,000 | 48,059 |
Specialty Building Products Holdings LLC/SBP Finance Corp. | ||
6.38%, 09/30/26 (a)(b) | 25,000 | 23,968 |
Spirit AeroSystems, Inc. | ||
9.38%, 11/30/29 (a)(b) | 100,000 | 104,336 |
SPX FLOW, Inc. | ||
8.75%, 04/01/30 (a)(b) | 45,000 | 42,833 |
SRS Distribution, Inc. | ||
4.63%, 07/01/28 (a)(b) | 75,000 | 66,829 |
Standard Industries, Inc. | ||
5.00%, 02/15/27 (a)(b) | 75,000 | 71,178 |
4.75%, 01/15/28 (a)(b) | 25,000 | 23,050 |
4.38%, 07/15/30 (a)(b) | 50,000 | 42,910 |
Stericycle, Inc. | ||
3.88%, 01/15/29 (a)(b) | 55,000 | 47,937 |
Summit Materials LLC/Summit Materials Finance Corp. | ||
5.25%, 01/15/29 (a)(b) | 50,000 | 46,888 |
Terex Corp. | ||
5.00%, 05/15/29 (a)(b) | 25,000 | 22,977 |
Titan Acquisition Ltd./Titan Co-Borrower LLC | ||
7.75%, 04/15/26 (a)(b) | 25,000 | 24,325 |
Titan International, Inc. | ||
7.00%, 04/30/28 (a) | 65,000 | 61,988 |
TransDigm, Inc. | ||
6.25%, 03/15/26 (a)(b) | 225,000 | 223,075 |
7.50%, 03/15/27 (a) | 15,000 | 15,042 |
5.50%, 11/15/27 (a) | 150,000 | 142,488 |
6.75%, 08/15/28 (a)(b) | 21,000 | 21,100 |
4.63%, 01/15/29 (a) | 75,000 | 67,313 |
Trident TPI Holdings, Inc. | ||
12.75%, 12/31/28 (a)(b) | 25,000 | 26,034 |
Trinity Industries, Inc. | ||
4.55%, 10/01/24 (a) | 15,000 | 14,715 |
Triumph Group, Inc. | ||
7.75%, 08/15/25 (a) | 25,000 | 23,613 |
9.00%, 03/15/28 (a)(b) | 95,000 | 95,761 |
United Rentals North America, Inc. | ||
4.88%, 01/15/28 (a) | 30,000 | 28,573 |
5.25%, 01/15/30 (a) | 25,000 | 23,782 |
3.88%, 02/15/31 (a) | 175,000 | 149,846 |
3.75%, 01/15/32 (a) | 5,000 | 4,209 |
Vertiv Group Corp. | ||
4.13%, 11/15/28 (a)(b) | 50,000 | 44,934 |
Waste Pro USA, Inc. | ||
5.50%, 02/15/26 (a)(b) | 25,000 | 23,590 |
WESCO Distribution, Inc. | ||
7.13%, 06/15/25 (a)(b) | 15,000 | 15,081 |
7.25%, 06/15/28 (a)(b) | 110,000 | 112,055 |
White Cap Buyer LLC | ||
6.88%, 10/15/28 (a)(b) | 25,000 | 22,966 |
4,599,826 | ||
Communications 15.0% | ||
Advantage Sales & Marketing, Inc. | ||
6.50%, 11/15/28 (a)(b) | 25,000 | 21,819 |
Allen Media LLC/Allen Media Co-Issuer, Inc. | ||
10.50%, 02/15/28 (a)(b) | 10,000 | 5,735 |
Altice Financing S.A. | ||
5.75%, 08/15/29 (a)(b) | 200,000 | 158,612 |
Altice France S.A. | ||
8.13%, 02/01/27 (a)(b) | 430,000 | 363,797 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
AMC Networks, Inc. | ||
4.75%, 08/01/25 (a) | 50,000 | 46,919 |
4.25%, 02/15/29 (a) | 20,000 | 12,767 |
Block Communications, Inc. | ||
4.88%, 03/01/28 (a)(b) | 5,000 | 4,143 |
C&W Senior Financing DAC | ||
6.88%, 09/15/27 (a)(b) | 200,000 | 185,808 |
CCO Holdings LLC/CCO Holdings Capital Corp. | ||
5.13%, 05/01/27 (a)(b) | 305,000 | 287,003 |
4.75%, 03/01/30 (a)(b) | 225,000 | 193,656 |
4.25%, 02/01/31 (a)(b) | 300,000 | 246,355 |
4.75%, 02/01/32 (a)(b) | 80,000 | 66,273 |
4.50%, 05/01/32 (a) | 135,000 | 109,567 |
Clear Channel Outdoor Holdings, Inc. | ||
5.13%, 08/15/27 (a)(b) | 75,000 | 67,245 |
7.75%, 04/15/28 (a)(b) | 50,000 | 39,372 |
CMG Media Corp. | ||
8.88%, 12/15/27 (a)(b) | 25,000 | 19,662 |
Cogent Communications Group, Inc. | ||
3.50%, 05/01/26 (a)(b) | 25,000 | 23,167 |
Consolidated Communications, Inc. | ||
6.50%, 10/01/28 (a)(b) | 35,000 | 26,902 |
CSC Holdings LLC | ||
11.25%, 05/15/28 (a)(b) | 200,000 | 197,445 |
5.75%, 01/15/30 (a)(b) | 275,000 | 152,371 |
Directv Financing LLC/Directv Financing Co-Obligor, Inc. | ||
5.88%, 08/15/27 (a)(b) | 125,000 | 110,890 |
DISH DBS Corp. | ||
5.88%, 11/15/24 | 75,000 | 69,830 |
7.75%, 07/01/26 | 70,000 | 52,419 |
5.25%, 12/01/26 (a)(b) | 51,000 | 43,086 |
7.38%, 07/01/28 (a) | 30,000 | 18,823 |
5.75%, 12/01/28 (a)(b) | 100,000 | 77,814 |
5.13%, 06/01/29 | 25,000 | 13,540 |
DISH Network Corp. | ||
11.75%, 11/15/27 (a)(b) | 210,000 | 213,264 |
Embarq Corp. | ||
8.00%, 06/01/36 | 47,000 | 28,673 |
Frontier Communications Holdings LLC | ||
5.88%, 10/15/27 (a)(b) | 52,000 | 47,408 |
5.00%, 05/01/28 (a)(b) | 115,000 | 98,646 |
6.75%, 05/01/29 (a)(b) | 19,000 | 14,766 |
8.75%, 05/15/30 (a)(b) | 85,000 | 82,698 |
8.63%, 03/15/31 (a)(b) | 25,000 | 24,099 |
Frontier Florida LLC | ||
6.86%, 02/01/28 | 10,000 | 9,375 |
GCI LLC | ||
4.75%, 10/15/28 (a)(b) | 25,000 | 21,716 |
Getty Images, Inc. | ||
9.75%, 03/01/27 (a)(b) | 25,000 | 25,042 |
Gray Escrow II, Inc. | ||
5.38%, 11/15/31 (a)(b) | 105,000 | 73,400 |
Gray Television, Inc. | ||
5.88%, 07/15/26 (a)(b) | 25,000 | 22,897 |
4.75%, 10/15/30 (a)(b) | 20,000 | 13,985 |
Hughes Satellite Systems Corp. | ||
5.25%, 08/01/26 | 60,000 | 55,218 |
iHeartCommunications, Inc. | ||
6.38%, 05/01/26 (a) | 50,000 | 43,676 |
5.25%, 08/15/27 (a)(b) | 20,000 | 15,835 |
4.75%, 01/15/28 (a)(b) | 35,000 | 27,010 |
Iliad Holding SASU | ||
6.50%, 10/15/26 (a)(b) | 200,000 | 191,017 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
INNOVATE Corp. | ||
8.50%, 02/01/26 (a)(b) | 10,000 | 7,700 |
Intelsat Jackson Holdings S.A. | ||
6.50%, 03/15/30 (a)(b) | 110,000 | 101,135 |
Lamar Media Corp. | ||
3.75%, 02/15/28 (a) | 68,000 | 61,996 |
Level 3 Financing, Inc. | ||
4.63%, 09/15/27 (a)(b) | 75,000 | 56,470 |
4.25%, 07/01/28 (a)(b) | 60,000 | 39,395 |
10.50%, 05/15/30 (a)(b) | 70,000 | 71,168 |
Liberty Interactive LLC | ||
8.50%, 07/15/29 | 10,000 | 3,953 |
8.25%, 02/01/30 | 15,000 | 5,841 |
Lions Gate Capital Holdings LLC | ||
5.50%, 04/15/29 (a)(b) | 25,000 | 15,259 |
Lumen Technologies, Inc. | ||
4.00%, 02/15/27 (a)(b) | 55,000 | 34,714 |
4.50%, 01/15/29 (a)(b) | 15,000 | 4,966 |
7.60%, 09/15/39 | 12,000 | 3,574 |
McGraw-Hill Education, Inc. | ||
5.75%, 08/01/28 (a)(b) | 55,000 | 48,862 |
8.00%, 08/01/29 (a)(b) | 27,000 | 24,063 |
Millennium Escrow Corp. | ||
6.63%, 08/01/26 (a)(b) | 25,000 | 20,622 |
News Corp. | ||
3.88%, 05/15/29 (a)(b) | 50,000 | 43,955 |
Nexstar Media, Inc. | ||
5.63%, 07/15/27 (a)(b) | 90,000 | 84,676 |
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc. | ||
10.75%, 06/01/28 (a)(b) | 10,000 | 9,313 |
Outfront Media Capital LLC/Outfront Media Capital Corp. | ||
5.00%, 08/15/27 (a)(b) | 20,000 | 18,121 |
4.63%, 03/15/30 (a)(b) | 65,000 | 52,911 |
Paramount Global | ||
6.25%, 02/28/57 (a)(c) | 10,000 | 7,840 |
6.38%, 03/30/62 (a)(c) | 55,000 | 45,424 |
Qwest Corp. | ||
7.25%, 09/15/25 | 10,000 | 9,521 |
Radiate Holdco LLC/Radiate Finance, Inc. | ||
4.50%, 09/15/26 (a)(b) | 30,000 | 23,412 |
6.50%, 09/15/28 (a)(b) | 37,000 | 20,021 |
ROBLOX Corp. | ||
3.88%, 05/01/30 (a)(b) | 27,000 | 22,299 |
Rogers Communications, Inc. | ||
5.25%, 03/15/82 (a)(b) | 30,000 | 27,239 |
SBA Communications Corp. | ||
3.88%, 02/15/27 (a) | 25,000 | 23,137 |
3.13%, 02/01/29 (a) | 125,000 | 107,151 |
Scripps Escrow II, Inc. | ||
3.88%, 01/15/29 (a)(b) | 25,000 | 20,098 |
Sinclair Television Group, Inc. | ||
5.50%, 03/01/30 (a)(b) | 20,000 | 10,677 |
4.13%, 12/01/30 (a)(b) | 30,000 | 19,363 |
Sirius XM Radio, Inc. | ||
3.13%, 09/01/26 (a)(b) | 19,000 | 17,168 |
5.00%, 08/01/27 (a)(b) | 75,000 | 69,411 |
4.00%, 07/15/28 (a)(b) | 100,000 | 86,684 |
5.50%, 07/01/29 (a)(b) | 20,000 | 18,027 |
4.13%, 07/01/30 (a)(b) | 38,000 | 31,020 |
3.88%, 09/01/31 (a)(b) | 70,000 | 54,545 |
Stagwell Global LLC | ||
5.63%, 08/15/29 (a)(b) | 40,000 | 33,441 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
TEGNA, Inc. | ||
4.75%, 03/15/26 (a)(b) | 20,000 | 19,075 |
4.63%, 03/15/28 (a) | 50,000 | 44,846 |
5.00%, 09/15/29 (a) | 50,000 | 44,061 |
Telecom Italia Capital S.A. | ||
6.38%, 11/15/33 | 135,000 | 118,756 |
6.00%, 09/30/34 | 10,000 | 8,388 |
7.20%, 07/18/36 | 10,000 | 9,047 |
Telesat Canada/Telesat LLC | ||
5.63%, 12/06/26 (a)(b) | 10,000 | 7,066 |
4.88%, 06/01/27 (a)(b) | 5,000 | 3,370 |
6.50%, 10/15/27 (a)(b) | 15,000 | 7,500 |
Townsquare Media, Inc. | ||
6.88%, 02/01/26 (a)(b) | 20,000 | 19,269 |
United States Cellular Corp. | ||
6.70%, 12/15/33 | 30,000 | 29,259 |
Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC | ||
6.00%, 01/15/30 (a)(b) | 35,000 | 23,153 |
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC | ||
10.50%, 02/15/28 (a)(b) | 80,000 | 79,883 |
4.75%, 04/15/28 (a)(b) | 15,000 | 12,658 |
6.50%, 02/15/29 (a)(b) | 40,000 | 27,336 |
Univision Communications, Inc. | ||
6.63%, 06/01/27 (a)(b) | 125,000 | 121,142 |
8.00%, 08/15/28 (a)(b) | 100,000 | 100,035 |
4.50%, 05/01/29 (a)(b) | 20,000 | 17,234 |
7.38%, 06/30/30 (a)(b) | 50,000 | 48,437 |
UPC Broadband Finco BV | ||
4.88%, 07/15/31 (a)(b) | 200,000 | 165,250 |
Urban One, Inc. | ||
7.38%, 02/01/28 (a)(b) | 50,000 | 43,523 |
Viasat, Inc. | ||
5.63%, 09/15/25 (a)(b) | 50,000 | 47,359 |
Videotron Ltd. | ||
5.13%, 04/15/27 (a)(b) | 55,000 | 52,712 |
Virgin Media Secured Finance plc | ||
5.50%, 05/15/29 (a)(b) | 200,000 | 183,066 |
Vmed O2 UK Financing I plc | ||
4.75%, 07/15/31 (a)(b) | 200,000 | 167,362 |
Vodafone Group plc | ||
7.00%, 04/04/79 (a)(c) | 75,000 | 75,637 |
3.25%, 06/04/81 (a)(c) | 25,000 | 22,122 |
4.13%, 06/04/81 (a)(c) | 10,000 | 7,822 |
5.13%, 06/04/81 (a)(c) | 65,000 | 45,412 |
Windstream Escrow LLC/Windstream Escrow Finance Corp. | ||
7.75%, 08/15/28 (a)(b) | 55,000 | 44,639 |
WMG Acquisition Corp. | ||
3.75%, 12/01/29 (a)(b) | 75,000 | 65,093 |
Zayo Group Holdings, Inc. | ||
4.00%, 03/01/27 (a)(b) | 48,000 | 36,016 |
6.13%, 03/01/28 (a)(b) | 50,000 | 32,546 |
Ziggo Bond Co. BV | ||
6.00%, 01/15/27 (a)(b) | 200,000 | 186,196 |
6,894,187 | ||
Consumer Cyclical 20.5% | ||
1011778 BC ULC/New Red Finance, Inc. | ||
3.50%, 02/15/29 (a)(b) | 50,000 | 43,822 |
4.00%, 10/15/30 (a)(b) | 225,000 | 190,812 |
99 Escrow Issuer, Inc. | ||
7.50%, 01/15/26 (a)(b) | 30,000 | 11,979 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Adient Global Holdings Ltd. | ||
7.00%, 04/15/28 (a)(b) | 35,000 | 35,394 |
8.25%, 04/15/31 (a)(b) | 25,000 | 25,653 |
Affinity Interactive | ||
6.88%, 12/15/27 (a)(b) | 35,000 | 31,026 |
Allied Universal Holdco LLC/Allied Universal Finance Corp. | ||
6.63%, 07/15/26 (a)(b) | 75,000 | 71,412 |
9.75%, 07/15/27 (a)(b) | 75,000 | 68,968 |
Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl | ||
4.63%, 06/01/28 (a)(b) | 200,000 | 170,180 |
Allison Transmission, Inc. | ||
3.75%, 01/30/31 (a)(b) | 75,000 | 62,712 |
AMC Entertainment Holdings, Inc. | ||
7.50%, 02/15/29 (a)(b) | 45,000 | 30,756 |
American Axle & Manufacturing, Inc. | ||
6.50%, 04/01/27 (a) | 75,000 | 71,152 |
APX Group, Inc. | ||
5.75%, 07/15/29 (a)(b) | 55,000 | 47,439 |
Arches Buyer, Inc. | ||
4.25%, 06/01/28 (a)(b) | 25,000 | 21,776 |
6.13%, 12/01/28 (a)(b) | 25,000 | 21,470 |
Asbury Automotive Group, Inc. | ||
4.63%, 11/15/29 (a)(b) | 70,000 | 61,825 |
5.00%, 02/15/32 (a)(b) | 16,000 | 13,741 |
Ashton Woods USA LLC/Ashton Woods Finance Co. | ||
4.63%, 08/01/29 (a)(b) | 25,000 | 21,687 |
Aston Martin Capital Holdings Ltd. | ||
10.50%, 11/30/25 (a)(b) | 200,000 | 203,331 |
Bath & Body Works, Inc. | ||
7.50%, 06/15/29 (a) | 65,000 | 65,593 |
6.63%, 10/01/30 (a)(b) | 25,000 | 24,406 |
6.95%, 03/01/33 | 50,000 | 46,779 |
6.88%, 11/01/35 | 70,000 | 65,520 |
Beazer Homes USA, Inc. | ||
7.25%, 10/15/29 (a) | 65,000 | 63,057 |
Boyd Gaming Corp. | ||
4.75%, 06/15/31 (a)(b) | 75,000 | 66,126 |
Boyne USA, Inc. | ||
4.75%, 05/15/29 (a)(b) | 25,000 | 22,585 |
Brookfield Residential Properties, Inc./Brookfield Residential US LLC | ||
5.00%, 06/15/29 (a)(b) | 60,000 | 50,115 |
4.88%, 02/15/30 (a)(b) | 25,000 | 20,677 |
Caesars Entertainment, Inc. | ||
6.25%, 07/01/25 (a)(b) | 75,000 | 74,485 |
8.13%, 07/01/27 (a)(b) | 150,000 | 152,435 |
4.63%, 10/15/29 (a)(b) | 50,000 | 43,812 |
Caesars Resort Collection LLC/CRC Finco, Inc. | ||
5.75%, 07/01/25 (a)(b) | 25,000 | 25,040 |
Carnival Corp. | ||
7.63%, 03/01/26 (a)(b) | 40,000 | 39,918 |
5.75%, 03/01/27 (a)(b) | 250,000 | 235,503 |
4.00%, 08/01/28 (a)(b) | 100,000 | 89,571 |
6.00%, 05/01/29 (a)(b) | 25,000 | 22,594 |
10.50%, 06/01/30 (a)(b) | 130,000 | 138,584 |
Carriage Services, Inc. | ||
4.25%, 05/15/29 (a)(b) | 25,000 | 21,717 |
Carrols Restaurant Group, Inc. | ||
5.88%, 07/01/29 (a)(b) | 15,000 | 12,922 |
Cars.com, Inc. | ||
6.38%, 11/01/28 (a)(b) | 20,000 | 18,515 |
Carvana Co. | ||
5.50%, 04/15/27 (a)(b) | 41,000 | 30,167 |
5.88%, 10/01/28 (a)(b) | 25,000 | 15,404 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
CCM Merger, Inc. | ||
6.38%, 05/01/26 (a)(b) | 10,000 | 9,729 |
CDI Escrow Issuer, Inc. | ||
5.75%, 04/01/30 (a)(b) | 75,000 | 69,818 |
CEC Entertainment LLC | ||
6.75%, 05/01/26 (a)(b) | 75,000 | 71,780 |
Cedar Fair LP | ||
5.25%, 07/15/29 (a) | 50,000 | 45,054 |
Cedar Fair LP/Canada's Wonderland Co./Magnum Management Corp./Millennium Op | ||
5.38%, 04/15/27 (a) | 15,000 | 14,194 |
Century Communities, Inc. | ||
6.75%, 06/01/27 (a) | 15,000 | 14,968 |
3.88%, 08/15/29 (a)(b) | 25,000 | 21,565 |
Churchill Downs, Inc. | ||
5.50%, 04/01/27 (a)(b) | 19,000 | 18,322 |
6.75%, 05/01/31 (a)(b) | 30,000 | 29,386 |
Cinemark USA, Inc. | ||
5.88%, 03/15/26 (a)(b) | 25,000 | 24,023 |
5.25%, 07/15/28 (a)(b) | 35,000 | 31,120 |
Clarios Global LP | ||
6.75%, 05/15/25 (a)(b) | 15,000 | 15,008 |
Clarios Global LP/Clarios U.S. Finance Co. | ||
6.25%, 05/15/26 (a)(b) | 30,000 | 29,738 |
8.50%, 05/15/27 (a)(b) | 75,000 | 75,896 |
6.75%, 05/15/28 (a)(b) | 25,000 | 24,958 |
CoreCivic, Inc. | ||
8.25%, 04/15/26 (a) | 25,000 | 25,122 |
Cushman & Wakefield US Borrower LLC | ||
6.75%, 05/15/28 (a)(b) | 30,000 | 28,591 |
CWT Travel Group, Inc. | ||
8.50%, 11/19/26 (a)(b) | 20,000 | 10,517 |
Dana, Inc. | ||
4.25%, 09/01/30 (a) | 70,000 | 57,622 |
Dave & Buster's, Inc. | ||
7.63%, 11/01/25 (a)(b) | 25,000 | 25,271 |
eG Global Finance plc | ||
6.75%, 02/07/25 (a)(b) | 225,000 | 221,942 |
Evergreen Acqco 1 LP/TVI, Inc. | ||
9.75%, 04/26/28 (a)(b) | 20,000 | 20,874 |
Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc. | ||
4.63%, 01/15/29 (a)(b) | 25,000 | 21,649 |
6.75%, 01/15/30 (a)(b) | 50,000 | 41,334 |
Foot Locker, Inc. | ||
4.00%, 10/01/29 (a)(b) | 15,000 | 11,304 |
Ford Motor Co. | ||
4.35%, 12/08/26 (a) | 125,000 | 120,773 |
6.63%, 10/01/28 | 15,000 | 15,136 |
7.45%, 07/16/31 | 123,000 | 129,784 |
3.25%, 02/12/32 (a) | 55,000 | 42,983 |
6.10%, 08/19/32 (a) | 45,000 | 43,039 |
4.75%, 01/15/43 | 105,000 | 78,593 |
7.40%, 11/01/46 | 15,000 | 15,359 |
Ford Motor Credit Co. LLC | ||
7.35%, 11/04/27 (a) | 400,000 | 407,448 |
Forestar Group, Inc. | ||
3.85%, 05/15/26 (a)(b) | 15,000 | 13,904 |
5.00%, 03/01/28 (a)(b) | 10,000 | 9,252 |
Full House Resorts, Inc. | ||
8.25%, 02/15/28 (a)(b) | 15,000 | 13,360 |
Garda World Security Corp. | ||
4.63%, 02/15/27 (a)(b) | 85,000 | 78,711 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Go Daddy Operating Co. LLC/GD Finance Co., Inc. | ||
3.50%, 03/01/29 (a)(b) | 50,000 | 43,024 |
Group 1 Automotive, Inc. | ||
4.00%, 08/15/28 (a)(b) | 25,000 | 22,221 |
GrubHub Holdings, Inc. | ||
5.50%, 07/01/27 (a)(b) | 15,000 | 10,384 |
Guitar Center, Inc. | ||
8.50%, 01/15/26 (a)(b) | 15,000 | 13,741 |
Hanesbrands, Inc. | ||
4.88%, 05/15/26 (a)(b) | 30,000 | 28,077 |
9.00%, 02/15/31 (a)(b) | 25,000 | 25,121 |
Hilton Domestic Operating Co., Inc. | ||
3.75%, 05/01/29 (a)(b) | 25,000 | 22,047 |
3.63%, 02/15/32 (a)(b) | 190,000 | 159,067 |
Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Esc | ||
5.00%, 06/01/29 (a)(b) | 65,000 | 57,685 |
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp. | ||
4.88%, 04/01/27 (a) | 20,000 | 19,293 |
International Game Technology plc | ||
4.13%, 04/15/26 (a)(b) | 200,000 | 190,028 |
IRB Holding Corp. | ||
7.00%, 06/15/25 (a)(b) | 25,000 | 25,022 |
Jacobs Entertainment, Inc. | ||
6.75%, 02/15/29 (a)(b) | 25,000 | 22,679 |
KB Home | ||
4.00%, 06/15/31 (a) | 50,000 | 42,164 |
Kohl's Corp. | ||
4.63%, 05/01/31 (a)(d) | 25,000 | 18,429 |
Las Vegas Sands Corp. | ||
3.50%, 08/18/26 (a) | 75,000 | 69,593 |
3.90%, 08/08/29 (a) | 25,000 | 22,040 |
LCM Investments Holdings II LLC | ||
4.88%, 05/01/29 (a)(b) | 50,000 | 43,448 |
Life Time, Inc. | ||
5.75%, 01/15/26 (a)(b) | 25,000 | 24,414 |
8.00%, 04/15/26 (a)(b) | 20,000 | 19,868 |
Light & Wonder International, Inc. | ||
7.00%, 05/15/28 (a)(b) | 75,000 | 74,788 |
Lindblad Expeditions Holdings, Inc. | ||
9.00%, 05/15/28 (a)(b) | 25,000 | 25,711 |
Lithia Motors, Inc. | ||
3.88%, 06/01/29 (a)(b) | 65,000 | 55,872 |
Live Nation Entertainment, Inc. | ||
6.50%, 05/15/27 (a)(b) | 25,000 | 25,042 |
4.75%, 10/15/27 (a)(b) | 105,000 | 97,912 |
LSF9 Atlantis Holdings LLC/Victra Finance Corp. | ||
7.75%, 02/15/26 (a)(b) | 25,000 | 22,804 |
M/I Homes, Inc. | ||
4.95%, 02/01/28 (a) | 8,000 | 7,431 |
Macy's Retail Holdings LLC | ||
5.88%, 04/01/29 (a)(b) | 150,000 | 135,732 |
Marriott Ownership Resorts, Inc. | ||
4.50%, 06/15/29 (a)(b) | 30,000 | 25,378 |
Match Group Holdings II LLC | ||
4.13%, 08/01/30 (a)(b) | 77,000 | 66,106 |
Mattamy Group Corp. | ||
4.63%, 03/01/30 (a)(b) | 50,000 | 44,243 |
Matthews International Corp. | ||
5.25%, 12/01/25 (a)(b) | 15,000 | 14,451 |
Meritage Homes Corp. | ||
3.88%, 04/15/29 (a)(b) | 25,000 | 21,843 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Metis Merger Sub LLC | ||
6.50%, 05/15/29 (a)(b) | 25,000 | 21,735 |
MGM Resorts International | ||
4.75%, 10/15/28 (a) | 125,000 | 113,552 |
Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp. | ||
4.88%, 05/01/29 (a)(b) | 30,000 | 26,127 |
Mohegan Tribal Gaming Authority | ||
8.00%, 02/01/26 (a)(b) | 65,000 | 60,590 |
Murphy Oil USA, Inc. | ||
3.75%, 02/15/31 (a)(b) | 50,000 | 42,105 |
NCL Corp., Ltd. | ||
3.63%, 12/15/24 (a)(b) | 29,000 | 27,781 |
5.88%, 03/15/26 (a)(b) | 25,000 | 23,595 |
5.88%, 02/15/27 (a)(b) | 75,000 | 72,746 |
8.38%, 02/01/28 (a)(b) | 25,000 | 25,792 |
7.75%, 02/15/29 (a)(b) | 40,000 | 38,089 |
NCL Finance Ltd. | ||
6.13%, 03/15/28 (a)(b) | 25,000 | 22,562 |
NMG Holding Co., Inc./Neiman Marcus Group LLC | ||
7.13%, 04/01/26 (a)(b) | 33,000 | 31,393 |
Nordstrom, Inc. | ||
4.00%, 03/15/27 (a) | 15,000 | 13,102 |
6.95%, 03/15/28 | 10,000 | 9,728 |
4.38%, 04/01/30 (a) | 20,000 | 16,000 |
4.25%, 08/01/31 (a) | 15,000 | 11,298 |
5.00%, 01/15/44 (a) | 45,000 | 28,620 |
Penn Entertainment, Inc. | ||
5.63%, 01/15/27 (a)(b) | 25,000 | 23,812 |
Penske Automotive Group, Inc. | ||
3.50%, 09/01/25 (a)(b) | 20,000 | 19,062 |
3.75%, 06/15/29 (a)(b) | 25,000 | 21,476 |
PM General Purchaser LLC | ||
9.50%, 10/01/28 (a)(b) | 50,000 | 48,192 |
Premier Entertainment Sub LLC/Premier Entertainment Finance Corp. | ||
5.63%, 09/01/29 (a)(b) | 55,000 | 43,950 |
Prime Security Services Borrower LLC/Prime Finance, Inc. | ||
5.75%, 04/15/26 (b) | 40,000 | 39,291 |
3.38%, 08/31/27 (a)(b) | 35,000 | 31,161 |
6.25%, 01/15/28 (a)(b) | 50,000 | 47,674 |
QVC, Inc. | ||
4.45%, 02/15/25 (a) | 37,000 | 33,303 |
4.75%, 02/15/27 (a) | 20,000 | 13,222 |
4.38%, 09/01/28 (a) | 10,000 | 5,668 |
5.95%, 03/15/43 | 5,000 | 2,309 |
Rakuten Group, Inc. | ||
10.25%, 11/30/24 (b) | 200,000 | 202,000 |
Real Hero Merger Sub 2, Inc. | ||
6.25%, 02/01/29 (a)(b) | 35,000 | 28,533 |
Realogy Group LLC/Realogy Co-Issuer Corp. | ||
5.75%, 01/15/29 (a)(b) | 25,000 | 17,934 |
5.25%, 04/15/30 (a)(b) | 25,000 | 17,380 |
Rite Aid Corp. | ||
8.00%, 11/15/26 (a)(b)(e)(f) | 30,000 | 19,081 |
Royal Caribbean Cruises Ltd. | ||
5.38%, 07/15/27 (a)(b) | 130,000 | 122,449 |
11.63%, 08/15/27 (a)(b) | 100,000 | 109,053 |
5.50%, 04/01/28 (a)(b) | 100,000 | 93,830 |
8.25%, 01/15/29 (a)(b) | 25,000 | 26,150 |
Sally Holdings LLC/Sally Capital, Inc. | ||
5.63%, 12/01/25 (a) | 25,000 | 24,853 |
Scientific Games Holdings LP/Scientific Games US FinCo, Inc. | ||
6.63%, 03/01/30 (a)(b) | 25,000 | 22,060 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
SeaWorld Parks & Entertainment, Inc. | ||
5.25%, 08/15/29 (a)(b) | 25,000 | 22,469 |
Service Corp. International | ||
3.38%, 08/15/30 (a) | 55,000 | 45,452 |
4.00%, 05/15/31 (a) | 50,000 | 42,437 |
Shea Homes LP/Shea Homes Funding Corp. | ||
4.75%, 02/15/28 (a) | 19,000 | 17,506 |
Six Flags Entertainment Corp. | ||
5.50%, 04/15/27 (a)(b) | 25,000 | 23,554 |
7.25%, 05/15/31 (a)(b) | 34,000 | 32,634 |
Sonic Automotive, Inc. | ||
4.63%, 11/15/29 (a)(b) | 50,000 | 42,798 |
Sotheby's | ||
7.38%, 10/15/27 (a)(b) | 12,000 | 10,939 |
Staples, Inc. | ||
7.50%, 04/15/26 (a)(b) | 67,000 | 55,500 |
10.75%, 04/15/27 (a)(b) | 25,000 | 13,662 |
Station Casinos LLC | ||
4.50%, 02/15/28 (a)(b) | 25,000 | 22,397 |
StoneMor, Inc. | ||
8.50%, 05/15/29 (a)(b) | 20,000 | 16,708 |
Taylor Morrison Communities, Inc. | ||
5.13%, 08/01/30 (a)(b) | 50,000 | 45,906 |
The ADT Security Corp. | ||
4.13%, 08/01/29 (a)(b) | 50,000 | 43,690 |
4.88%, 07/15/32 (b) | 15,000 | 12,952 |
The Brink's Co. | ||
4.63%, 10/15/27 (a)(b) | 25,000 | 23,271 |
The Gap, Inc. | ||
3.63%, 10/01/29 (a)(b) | 75,000 | 57,164 |
3.88%, 10/01/31 (a)(b) | 10,000 | 7,256 |
The Goodyear Tire & Rubber Co. | ||
5.00%, 05/31/26 (a) | 40,000 | 38,635 |
4.88%, 03/15/27 (a) | 95,000 | 89,452 |
5.00%, 07/15/29 (a) | 50,000 | 44,425 |
The Michaels Cos., Inc. | ||
7.88%, 05/01/29 (a)(b) | 60,000 | 41,646 |
TKC Holdings, Inc. | ||
10.50%, 05/15/29 (a)(b) | 35,000 | 29,081 |
Travel & Leisure Co. | ||
4.50%, 12/01/29 (a)(b) | 75,000 | 64,618 |
Tri Pointe Homes, Inc. | ||
5.70%, 06/15/28 (a) | 45,000 | 42,706 |
Uber Technologies, Inc. | ||
7.50%, 09/15/27 (a)(b) | 30,000 | 30,659 |
4.50%, 08/15/29 (a)(b) | 115,000 | 105,511 |
Under Armour, Inc. | ||
3.25%, 06/15/26 (a) | 25,000 | 22,936 |
Vail Resorts, Inc. | ||
6.25%, 05/15/25 (a)(b) | 50,000 | 49,870 |
Victoria's Secret & Co. | ||
4.63%, 07/15/29 (a)(b) | 35,000 | 25,373 |
Viking Cruises Ltd. | ||
5.88%, 09/15/27 (a)(b) | 75,000 | 70,197 |
9.13%, 07/15/31 (a)(b) | 25,000 | 25,851 |
VOC Escrow Ltd. | ||
5.00%, 02/15/28 (a)(b) | 55,000 | 51,100 |
WASH Multifamily Acquisition, Inc. | ||
5.75%, 04/15/26 (a)(b) | 25,000 | 23,207 |
Wolverine World Wide, Inc. | ||
4.00%, 08/15/29 (a)(b) | 25,000 | 18,748 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
WW International, Inc. | ||
4.50%, 04/15/29 (a)(b) | 16,000 | 11,094 |
Wyndham Hotels & Resorts, Inc. | ||
4.38%, 08/15/28 (a)(b) | 25,000 | 22,822 |
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp. | ||
5.50%, 03/01/25 (a)(b) | 21,000 | 20,764 |
5.25%, 05/15/27 (a)(b) | 13,000 | 12,316 |
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp. | ||
5.13%, 10/01/29 (a)(b) | 65,000 | 58,247 |
7.13%, 02/15/31 (a)(b) | 50,000 | 49,180 |
Yum! Brands, Inc. | ||
4.75%, 01/15/30 (a)(b) | 125,000 | 115,225 |
4.63%, 01/31/32 (a) | 65,000 | 58,217 |
ZF North America Capital, Inc. | ||
4.75%, 04/29/25 (b) | 150,000 | 145,881 |
ZipRecruiter, Inc. | ||
5.00%, 01/15/30 (a)(b) | 25,000 | 21,000 |
9,396,759 | ||
Consumer Non-Cyclical 11.4% | ||
Acadia Healthcare Co., Inc. | ||
5.50%, 07/01/28 (a)(b) | 25,000 | 23,709 |
ACCO Brands Corp. | ||
4.25%, 03/15/29 (a)(b) | 35,000 | 29,933 |
AdaptHealth LLC | ||
5.13%, 03/01/30 (a)(b) | 25,000 | 20,530 |
Akumin, Inc. | ||
7.00%, 11/01/25 (a)(b) | 25,000 | 18,906 |
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC | ||
7.50%, 03/15/26 (a)(b) | 43,000 | 43,744 |
4.63%, 01/15/27 (a)(b) | 125,000 | 118,168 |
3.50%, 03/15/29 (a)(b) | 75,000 | 64,946 |
AMN Healthcare, Inc. | ||
4.63%, 10/01/27 (a)(b) | 50,000 | 45,914 |
4.00%, 04/15/29 (a)(b) | 10,000 | 8,562 |
Aramark Services, Inc. | ||
6.38%, 05/01/25 (a)(b) | 116,000 | 116,300 |
5.00%, 02/01/28 (a)(b) | 5,000 | 4,669 |
Avantor Funding, Inc. | ||
4.63%, 07/15/28 (a)(b) | 71,000 | 65,976 |
B&G Foods, Inc. | ||
5.25%, 04/01/25 (a) | 55,000 | 53,844 |
Bausch Health Americas, Inc. | ||
9.25%, 04/01/26 (a)(b) | 30,000 | 27,209 |
8.50%, 01/31/27 (a)(b) | 45,000 | 25,085 |
Bausch Health Cos., Inc. | ||
5.50%, 11/01/25 (a)(b) | 100,000 | 90,167 |
9.00%, 12/15/25 (a)(b) | 85,000 | 77,878 |
4.88%, 06/01/28 (a)(b) | 50,000 | 29,716 |
11.00%, 09/30/28 (b) | 100,000 | 71,644 |
5.00%, 02/15/29 (a)(b) | 20,000 | 8,391 |
5.25%, 02/15/31 (a)(b) | 24,000 | 10,205 |
BellRing Brands, Inc. | ||
7.00%, 03/15/30 (a)(b) | 30,000 | 30,040 |
Cano Health LLC | ||
6.25%, 10/01/28 (a)(b) | 10,000 | 3,409 |
Catalent Pharma Solutions, Inc. | ||
3.13%, 02/15/29 (a)(b) | 25,000 | 21,062 |
3.50%, 04/01/30 (a)(b) | 25,000 | 21,123 |
Central Garden & Pet Co. | ||
4.13%, 10/15/30 (a) | 25,000 | 21,540 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Charles River Laboratories International, Inc. | ||
4.00%, 03/15/31 (a)(b) | 58,000 | 50,139 |
Chobani LLC/Chobani Finance Corp., Inc. | ||
7.50%, 04/15/25 (a)(b) | 50,000 | 49,925 |
CHS/Community Health Systems, Inc. | ||
8.00%, 03/15/26 (a)(b) | 200,000 | 195,458 |
5.63%, 03/15/27 (a)(b) | 100,000 | 88,105 |
6.88%, 04/01/28 (a)(b) | 75,000 | 45,108 |
6.88%, 04/15/29 (a)(b) | 50,000 | 30,711 |
6.13%, 04/01/30 (a)(b) | 5,000 | 2,882 |
4.75%, 02/15/31 (a)(b) | 30,000 | 22,377 |
Coty Inc/HFC Prestige Products, Inc./HFC Prestige International US LLC | ||
6.63%, 07/15/30 (a)(b) | 25,000 | 25,030 |
Coty, Inc. | ||
5.00%, 04/15/26 (a)(b) | 50,000 | 48,109 |
Darling Ingredients, Inc. | ||
5.25%, 04/15/27 (a)(b) | 25,000 | 24,331 |
6.00%, 06/15/30 (a)(b) | 40,000 | 39,134 |
DaVita, Inc. | ||
4.63%, 06/01/30 (a)(b) | 150,000 | 128,798 |
Edgewell Personal Care Co. | ||
5.50%, 06/01/28 (a)(b) | 25,000 | 23,585 |
4.13%, 04/01/29 (a)(b) | 20,000 | 17,351 |
Elanco Animal Health, Inc. | ||
6.65%, 08/28/28 (a)(d) | 75,000 | 74,156 |
Embecta Corp. | ||
5.00%, 02/15/30 (a)(b) | 20,000 | 16,269 |
Emergent BioSolutions, Inc. | ||
3.88%, 08/15/28 (a)(b) | 10,000 | 4,812 |
Encompass Health Corp. | ||
4.75%, 02/01/30 (a) | 50,000 | 45,587 |
4.63%, 04/01/31 (a) | 35,000 | 30,724 |
Energizer Holdings, Inc. | ||
6.50%, 12/31/27 (a)(b) | 15,000 | 14,507 |
4.38%, 03/31/29 (a)(b) | 50,000 | 42,881 |
Fortrea Holdings, Inc. | ||
7.50%, 07/01/30 (a)(b) | 50,000 | 49,000 |
Garden Spinco Corp. | ||
8.63%, 07/20/30 (a)(b) | 10,000 | 10,685 |
Global Medical Response, Inc. | ||
6.50%, 10/01/25 (a)(b) | 25,000 | 17,301 |
Grifols S.A. | ||
4.75%, 10/15/28 (a)(b) | 200,000 | 175,654 |
Heartland Dental LLC/Heartland Dental Finance Corp. | ||
10.50%, 04/30/28 (a)(b) | 35,000 | 35,394 |
Herbalife Nutrition Ltd./HLF Financing, Inc. | ||
7.88%, 09/01/25 (a)(b) | 25,000 | 24,080 |
H-Food Holdings LLC/Hearthside Finance Co., Inc. | ||
8.50%, 06/01/26 (a)(b) | 5,000 | 1,988 |
HLF Financing Sarl LLC/Herbalife International, Inc. | ||
4.88%, 06/01/29 (a)(b) | 25,000 | 18,728 |
Hologic, Inc. | ||
3.25%, 02/15/29 (a)(b) | 50,000 | 43,475 |
Ingles Markets, Inc. | ||
4.00%, 06/15/31 (a)(b) | 50,000 | 41,920 |
IQVIA, Inc. | ||
5.00%, 10/15/26 (a)(b) | 200,000 | 193,383 |
Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc. | ||
5.00%, 12/31/26 (a)(b) | 25,000 | 23,341 |
7.00%, 12/31/27 (a)(b) | 50,000 | 44,052 |
Lamb Weston Holdings, Inc. | ||
4.13%, 01/31/30 (a)(b) | 100,000 | 88,036 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Medline Borrower LP | ||
3.88%, 04/01/29 (a)(b) | 220,000 | 192,264 |
5.25%, 10/01/29 (a)(b) | 50,000 | 44,451 |
ModivCare Escrow Issuer, Inc. | ||
5.00%, 10/01/29 (a)(b) | 25,000 | 18,460 |
ModivCare, Inc. | ||
5.88%, 11/15/25 (a)(b) | 5,000 | 4,749 |
MPH Acquisition Holdings LLC | ||
5.50%, 09/01/28 (a)(b) | 50,000 | 42,507 |
5.75%, 11/01/28 (a)(b) | 30,000 | 22,505 |
Newell Brands, Inc. | ||
4.20%, 04/01/26 (a)(d) | 100,000 | 95,901 |
6.63%, 09/15/29 (a) | 85,000 | 84,281 |
Organon & Co./Organon Foreign Debt Co.-Issuer BV | ||
5.13%, 04/30/31 (a)(b) | 200,000 | 170,581 |
Owens & Minor, Inc. | ||
6.63%, 04/01/30 (a)(b) | 25,000 | 22,766 |
P&L Development LLC/PLD Finance Corp. | ||
7.75%, 11/15/25 (a)(b) | 10,000 | 8,655 |
Performance Food Group, Inc. | ||
6.88%, 05/01/25 (a)(b) | 10,000 | 10,024 |
5.50%, 10/15/27 (a)(b) | 5,000 | 4,819 |
4.25%, 08/01/29 (a)(b) | 75,000 | 66,076 |
Pilgrim's Pride Corp. | ||
4.25%, 04/15/31 (a) | 17,000 | 14,723 |
3.50%, 03/01/32 (a) | 25,000 | 20,155 |
6.25%, 07/01/33 (a) | 75,000 | 74,520 |
Post Holdings, Inc. | ||
5.63%, 01/15/28 (a)(b) | 125,000 | 119,973 |
4.63%, 04/15/30 (a)(b) | 55,000 | 48,779 |
4.50%, 09/15/31 (a)(b) | 10,000 | 8,624 |
Prestige Brands, Inc. | ||
3.75%, 04/01/31 (a)(b) | 50,000 | 41,420 |
Prime Healthcare Services, Inc. | ||
7.25%, 11/01/25 (a)(b) | 25,000 | 23,451 |
Radiology Partners, Inc. | ||
9.25%, 02/01/28 (a)(b) | 25,000 | 9,841 |
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc. | ||
9.75%, 12/01/26 (a)(b) | 46,000 | 43,059 |
RP Escrow Issuer LLC | ||
5.25%, 12/15/25 (a)(b) | 25,000 | 19,284 |
Safeway, Inc. | ||
7.25%, 02/01/31 | 10,000 | 10,475 |
Select Medical Corp. | ||
6.25%, 08/15/26 (a)(b) | 50,000 | 49,574 |
Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed | ||
4.63%, 03/01/29 (a)(b) | 25,000 | 20,828 |
Spectrum Brands, Inc. | ||
3.88%, 03/15/31 (a)(b) | 25,000 | 20,968 |
Surgery Center Holdings, Inc. | ||
10.00%, 04/15/27 (a)(b) | 25,000 | 25,460 |
Syneos Health, Inc. | ||
3.63%, 01/15/29 (a)(b) | 25,000 | 24,960 |
Teleflex, Inc. | ||
4.63%, 11/15/27 (a) | 15,000 | 14,160 |
4.25%, 06/01/28 (a)(b) | 15,000 | 13,810 |
Tempur Sealy International, Inc. | ||
3.88%, 10/15/31 (a)(b) | 75,000 | 60,340 |
Tenet Healthcare Corp. | ||
4.88%, 01/01/26 (a) | 50,000 | 48,522 |
5.13%, 11/01/27 (a) | 25,000 | 23,797 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
4.63%, 06/15/28 (a) | 18,000 | 16,594 |
6.13%, 10/01/28 (a) | 150,000 | 144,614 |
4.25%, 06/01/29 (a) | 25,000 | 22,345 |
4.38%, 01/15/30 (a) | 230,000 | 204,544 |
6.13%, 06/15/30 (a) | 25,000 | 24,257 |
6.75%, 05/15/31 (a)(b) | 35,000 | 34,870 |
6.88%, 11/15/31 | 15,000 | 15,023 |
The Scotts Miracle-Gro Co. | ||
4.50%, 10/15/29 (a) | 45,000 | 37,681 |
4.00%, 04/01/31 (a) | 20,000 | 15,738 |
4.38%, 02/01/32 (a) | 10,000 | 7,927 |
The Toledo Hospital | ||
4.98%, 11/15/45 (a) | 20,000 | 12,135 |
6.02%, 11/15/48 | 25,000 | 17,181 |
Triton Water Holdings, Inc. | ||
6.25%, 04/01/29 (a)(b) | 50,000 | 42,548 |
United Natural Foods, Inc. | ||
6.75%, 10/15/28 (a)(b) | 15,000 | 12,503 |
US Acute Care Solutions LLC | ||
6.38%, 03/01/26 (a)(b) | 75,000 | 65,314 |
US Foods, Inc. | ||
4.75%, 02/15/29 (a)(b) | 100,000 | 91,362 |
4.63%, 06/01/30 (a)(b) | 5,000 | 4,449 |
US Renal Care, Inc. | ||
10.63%, 07/15/27 (a)(b) | 5,000 | 2,037 |
Valvoline, Inc. | ||
3.63%, 06/15/31 (a)(b) | 25,000 | 19,980 |
Vector Group Ltd. | ||
5.75%, 02/01/29 (a)(b) | 75,000 | 65,358 |
Vista Outdoor, Inc. | ||
4.50%, 03/15/29 (a)(b) | 25,000 | 20,859 |
5,241,767 | ||
Energy 11.1% | ||
Aethon United BR LP/Aethon United Finance Corp. | ||
8.25%, 02/15/26 (a)(b) | 75,000 | 75,442 |
AmeriGas Partners LP/AmeriGas Finance Corp. | ||
5.50%, 05/20/25 (a) | 25,000 | 24,558 |
5.75%, 05/20/27 (a) | 75,000 | 69,436 |
Antero Midstream Partners LP/Antero Midstream Finance Corp. | ||
5.75%, 03/01/27 (a)(b) | 10,000 | 9,701 |
5.38%, 06/15/29 (a)(b) | 75,000 | 70,354 |
Antero Resources Corp. | ||
5.38%, 03/01/30 (a)(b) | 50,000 | 46,801 |
Archrock Partners LP/Archrock Partners Finance Corp. | ||
6.25%, 04/01/28 (a)(b) | 39,000 | 37,266 |
Ascent Resources Utica Holdings LLC/ARU Finance Corp. | ||
7.00%, 11/01/26 (a)(b) | 25,000 | 24,876 |
Baytex Energy Corp. | ||
8.75%, 04/01/27 (a)(b) | 50,000 | 51,221 |
8.50%, 04/30/30 (a)(b) | 30,000 | 30,447 |
Blue Racer Midstream LLC/Blue Racer Finance Corp. | ||
7.63%, 12/15/25 (a)(b) | 50,000 | 50,190 |
Bristow Group, Inc. | ||
6.88%, 03/01/28 (a)(b) | 25,000 | 23,408 |
Buckeye Partners LP | ||
4.13%, 03/01/25 (a)(b) | 15,000 | 14,459 |
3.95%, 12/01/26 (a) | 75,000 | 69,244 |
4.50%, 03/01/28 (a)(b) | 15,000 | 13,626 |
5.85%, 11/15/43 (a) | 25,000 | 19,434 |
California Resources Corp. | ||
7.13%, 02/01/26 (a)(b) | 25,000 | 25,087 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Callon Petroleum Co. | ||
8.00%, 08/01/28 (a)(b) | 50,000 | 50,751 |
7.50%, 06/15/30 (a)(b) | 25,000 | 24,736 |
Calumet Specialty Products Partners LP/Calumet Finance Corp. | ||
11.00%, 04/15/25 (a)(b) | 25,000 | 25,655 |
8.13%, 01/15/27 (a)(b) | 25,000 | 23,917 |
Chesapeake Energy Corp. | ||
6.75%, 04/15/29 (a)(b) | 75,000 | 74,530 |
Chord Energy Corp. | ||
6.38%, 06/01/26 (a)(b) | 25,000 | 24,664 |
CITGO Holding, Inc. | ||
9.25%, 08/01/24 (a)(b) | 55,000 | 55,061 |
CITGO Petroleum Corp. | ||
6.38%, 06/15/26 (a)(b) | 55,000 | 53,760 |
Civitas Resources, Inc. | ||
5.00%, 10/15/26 (a)(b) | 50,000 | 47,498 |
8.75%, 07/01/31 (a)(b) | 43,000 | 44,559 |
CNX Resources Corp. | ||
7.38%, 01/15/31 (a)(b) | 50,000 | 49,956 |
Comstock Resources, Inc. | ||
6.75%, 03/01/29 (a)(b) | 60,000 | 56,195 |
Crescent Energy Finance LLC | ||
9.25%, 02/15/28 (a)(b) | 12,000 | 12,286 |
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp. | ||
6.00%, 02/01/29 (a)(b) | 75,000 | 73,706 |
7.38%, 02/01/31 (a)(b) | 25,000 | 25,780 |
CrownRock LP/CrownRock Finance, Inc. | ||
5.63%, 10/15/25 (a)(b) | 53,000 | 52,211 |
CVR Energy, Inc. | ||
5.75%, 02/15/28 (a)(b) | 50,000 | 45,571 |
DT Midstream, Inc. | ||
4.13%, 06/15/29 (a)(b) | 85,000 | 75,392 |
4.38%, 06/15/31 (a)(b) | 5,000 | 4,334 |
Earthstone Energy Holdings LLC | ||
8.00%, 04/15/27 (a)(b) | 75,000 | 76,620 |
Encino Acquisition Partners Holdings LLC | ||
8.50%, 05/01/28 (a)(b) | 29,000 | 27,524 |
Endeavor Energy Resources LP/EER Finance, Inc. | ||
5.75%, 01/30/28 (a)(b) | 30,000 | 29,375 |
EnLink Midstream LLC | ||
5.38%, 06/01/29 (a) | 15,000 | 14,316 |
6.50%, 09/01/30 (a)(b) | 75,000 | 75,276 |
EnLink Midstream Partners LP | ||
5.60%, 04/01/44 (a) | 15,000 | 12,805 |
5.05%, 04/01/45 (a) | 15,000 | 11,978 |
5.45%, 06/01/47 (a) | 50,000 | 41,549 |
EQM Midstream Partners LP | ||
7.50%, 06/01/27 (a)(b) | 50,000 | 50,512 |
6.50%, 07/01/27 (a)(b) | 75,000 | 74,593 |
4.50%, 01/15/29 (a)(b) | 25,000 | 22,739 |
4.75%, 01/15/31 (a)(b) | 75,000 | 66,353 |
Ferrellgas LP/Ferrellgas Finance Corp. | ||
5.88%, 04/01/29 (a)(b) | 60,000 | 52,992 |
Genesis Energy LP/Genesis Energy Finance Corp. | ||
6.25%, 05/15/26 (a) | 100,000 | 97,087 |
8.00%, 01/15/27 (a) | 75,000 | 74,014 |
Global Marine, Inc. | ||
7.00%, 06/01/28 | 25,000 | 21,731 |
Global Partners LP/GLP Finance Corp. | ||
6.88%, 01/15/29 (a) | 15,000 | 14,189 |
Harvest Midstream I LP | ||
7.50%, 09/01/28 (a)(b) | 25,000 | 25,085 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Hess Midstream Operations LP | ||
5.63%, 02/15/26 (a)(b) | 10,000 | 9,795 |
4.25%, 02/15/30 (a)(b) | 50,000 | 44,009 |
5.50%, 10/15/30 (a)(b) | 15,000 | 14,058 |
Hilcorp Energy I LP/Hilcorp Finance Co. | ||
6.00%, 02/01/31 (a)(b) | 100,000 | 91,978 |
6.25%, 04/15/32 (a)(b) | 10,000 | 9,187 |
Holly Energy Partners LP/Holly Energy Finance Corp. | ||
5.00%, 02/01/28 (a)(b) | 25,000 | 23,474 |
Howard Midstream Energy Partners LLC | ||
8.88%, 07/15/28 (a)(b) | 20,000 | 20,731 |
ITT Holdings LLC | ||
6.50%, 08/01/29 (a)(b) | 70,000 | 63,241 |
Kinetik Holdings LP | ||
5.88%, 06/15/30 (a)(b) | 40,000 | 38,785 |
Matador Resources Co. | ||
5.88%, 09/15/26 (a) | 50,000 | 48,812 |
MEG Energy Corp. | ||
5.88%, 02/01/29 (a)(b) | 50,000 | 47,814 |
Moss Creek Resources Holdings, Inc. | ||
7.50%, 01/15/26 (a)(b) | 50,000 | 47,911 |
10.50%, 05/15/27 (a)(b) | 25,000 | 24,831 |
Murphy Oil Corp. | ||
6.38%, 07/15/28 (a) | 75,000 | 75,029 |
Nabors Industries, Inc. | ||
7.38%, 05/15/27 (a)(b) | 75,000 | 73,260 |
New Fortress Energy, Inc. | ||
6.75%, 09/15/25 (a)(b) | 35,000 | 33,863 |
6.50%, 09/30/26 (a)(b) | 50,000 | 46,521 |
NGL Energy Operating LLC/NGL Energy Finance Corp. | ||
7.50%, 02/01/26 (a)(b) | 85,000 | 84,700 |
NGL Energy Partners LP/NGL Energy Finance Corp. | ||
7.50%, 04/15/26 (a) | 20,000 | 19,248 |
Nine Energy Service, Inc. | ||
13.00%, 02/01/28 (a) | 5,000 | 4,568 |
Noble Finance II LLC | ||
8.00%, 04/15/30 (a)(b) | 25,000 | 25,875 |
Northern Oil & Gas, Inc. | ||
8.13%, 03/01/28 (a)(b) | 100,000 | 100,331 |
Northriver Midstream Finance LP | ||
5.63%, 02/15/26 (a)(b) | 25,000 | 24,062 |
NuStar Logistics LP | ||
6.00%, 06/01/26 (a) | 35,000 | 34,339 |
6.38%, 10/01/30 (a) | 50,000 | 48,173 |
Oceaneering International, Inc. | ||
4.65%, 11/15/24 (a) | 15,000 | 14,700 |
6.00%, 02/01/28 (a) | 15,000 | 14,119 |
Parkland Corp. | ||
4.50%, 10/01/29 (a)(b) | 75,000 | 66,159 |
Patterson-UTI Energy, Inc. | ||
3.95%, 02/01/28 (a) | 25,000 | 22,959 |
5.15%, 11/15/29 (a) | 15,000 | 13,835 |
PBF Holding Co. LLC/PBF Finance Corp. | ||
7.25%, 06/15/25 (a) | 25,000 | 25,024 |
6.00%, 02/15/28 (a) | 34,000 | 32,192 |
PDC Energy, Inc. | ||
5.75%, 05/15/26 (a) | 50,000 | 49,906 |
Permian Resources Operating LLC | ||
5.88%, 07/01/29 (a)(b) | 50,000 | 48,274 |
Petrofac Ltd. | ||
9.75%, 11/15/26 (a)(b) | 20,000 | 15,369 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Range Resources Corp. | ||
8.25%, 01/15/29 (a) | 50,000 | 51,953 |
4.75%, 02/15/30 (a)(b) | 10,000 | 9,040 |
Rockcliff Energy II LLC | ||
5.50%, 10/15/29 (a)(b) | 75,000 | 69,214 |
Rockies Express Pipeline LLC | ||
3.60%, 05/15/25 (a)(b) | 10,000 | 9,442 |
4.95%, 07/15/29 (a)(b) | 50,000 | 45,815 |
4.80%, 05/15/30 (a)(b) | 20,000 | 17,506 |
SM Energy Co. | ||
6.63%, 01/15/27 (a) | 25,000 | 24,710 |
6.50%, 07/15/28 (a) | 25,000 | 24,460 |
Southwestern Energy Co. | ||
4.75%, 02/01/32 (a) | 105,000 | 93,129 |
Suburban Propane Partners LP/Suburban Energy Finance Corp. | ||
5.00%, 06/01/31 (a)(b) | 30,000 | 25,817 |
Summit Midstream Holdings LLC/Summit Midstream Finance Corp. | ||
9.00%, 10/15/26 (a)(b)(d) | 25,000 | 24,148 |
Sunoco LP/Sunoco Finance Corp. | ||
5.88%, 03/15/28 (a) | 15,000 | 14,583 |
4.50%, 05/15/29 (a) | 50,000 | 45,267 |
4.50%, 04/30/30 (a) | 25,000 | 22,314 |
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp. | ||
6.00%, 03/01/27 (a)(b) | 25,000 | 23,986 |
5.50%, 01/15/28 (a)(b) | 25,000 | 23,250 |
6.00%, 12/31/30 (a)(b) | 25,000 | 22,394 |
6.00%, 09/01/31 (a)(b) | 50,000 | 44,455 |
Talos Production, Inc. | ||
12.00%, 01/15/26 (a) | 25,000 | 26,088 |
Transocean Poseidon Ltd. | ||
6.88%, 02/01/27 (a)(b) | 37,500 | 37,301 |
Transocean, Inc. | ||
11.50%, 01/30/27 (a)(b) | 50,000 | 52,828 |
8.00%, 02/01/27 (a)(b) | 22,000 | 21,483 |
8.75%, 02/15/30 (a)(b) | 42,750 | 43,774 |
6.80%, 03/15/38 | 50,000 | 39,000 |
USA Compression Partners LP/USA Compression Finance Corp. | ||
6.88%, 04/01/26 (a) | 25,000 | 24,742 |
6.88%, 09/01/27 (a) | 60,000 | 58,556 |
Valaris Ltd. | ||
8.38%, 04/30/30 (a)(b) | 30,000 | 30,585 |
Venture Global Calcasieu Pass LLC | ||
6.25%, 01/15/30 (a)(b) | 50,000 | 48,764 |
4.13%, 08/15/31 (a)(b) | 10,000 | 8,493 |
3.88%, 11/01/33 (a)(b) | 110,000 | 89,485 |
Venture Global LNG, Inc. | ||
8.13%, 06/01/28 (a)(b) | 75,000 | 75,723 |
8.38%, 06/01/31 (a)(b) | 130,000 | 131,253 |
Vermilion Energy, Inc. | ||
6.88%, 05/01/30 (a)(b) | 25,000 | 23,694 |
Vital Energy, Inc. | ||
9.50%, 01/15/25 (a) | 25,000 | 25,151 |
7.75%, 07/31/29 (a)(b) | 15,000 | 13,514 |
W&T Offshore, Inc. | ||
11.75%, 02/01/26 (a)(b) | 10,000 | 10,134 |
Weatherford International Ltd. | ||
8.63%, 04/30/30 (a)(b) | 100,000 | 102,517 |
5,076,550 | ||
Industrial Other 1.4% | ||
AECOM | ||
5.13%, 03/15/27 (a) | 50,000 | 48,019 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
APi Group DE, Inc. | ||
4.13%, 07/15/29 (a)(b) | 30,000 | 25,929 |
Artera Services LLC | ||
9.03%, 12/04/25 (a)(b) | 25,000 | 23,285 |
Brand Industrial Services, Inc. | ||
10.38%, 08/01/30 (a)(b) | 50,000 | 51,626 |
Brundage-Bone Concrete Pumping Holdings, Inc. | ||
6.00%, 02/01/26 (a)(b) | 50,000 | 48,049 |
Fluor Corp. | ||
4.25%, 09/15/28 (a) | 50,000 | 46,672 |
Global Infrastructure Solutions, Inc. | ||
7.50%, 04/15/32 (a)(b) | 20,000 | 17,428 |
Grand Canyon University | ||
4.13%, 10/01/24 | 90,000 | 85,369 |
Great Lakes Dredge & Dock Corp. | ||
5.25%, 06/01/29 (a)(b) | 60,000 | 51,460 |
Hillenbrand, Inc. | ||
4.50%, 09/15/26 (a)(d) | 15,000 | 14,607 |
Pike Corp. | ||
5.50%, 09/01/28 (a)(b) | 50,000 | 45,048 |
TopBuild Corp. | ||
4.13%, 02/15/32 (a)(b) | 50,000 | 41,670 |
Vericast Corp. | ||
11.00%, 09/15/26 (a)(b) | 105,000 | 109,864 |
12.50%, 12/15/27 (a)(b) | 10,000 | 11,337 |
Williams Scotsman International, Inc. | ||
4.63%, 08/15/28 (a)(b) | 50,000 | 45,670 |
666,033 | ||
Technology 6.9% | ||
Alteryx, Inc. | ||
8.75%, 03/15/28 (a)(b) | 50,000 | 48,295 |
AthenaHealth Group, Inc. | ||
6.50%, 02/15/30 (a)(b) | 80,000 | 69,552 |
Block, Inc. | ||
2.75%, 06/01/26 (a) | 20,000 | 18,206 |
3.50%, 06/01/31 (a) | 50,000 | 41,047 |
Boxer Parent Co., Inc. | ||
7.13%, 10/02/25 (a)(b) | 25,000 | 25,054 |
Camelot Finance S.A. | ||
4.50%, 11/01/26 (a)(b) | 25,000 | 23,407 |
Castle US Holding Corp. | ||
9.50%, 02/15/28 (a)(b) | 10,000 | 5,494 |
Central Parent, Inc./CDK Global, Inc. | ||
7.25%, 06/15/29 (a)(b) | 25,000 | 24,683 |
Clarivate Science Holdings Corp. | ||
4.88%, 07/01/29 (a)(b) | 65,000 | 56,743 |
Cloud Software Group, Inc. | ||
6.50%, 03/31/29 (a)(b) | 155,000 | 138,780 |
9.00%, 09/30/29 (a)(b) | 130,000 | 116,339 |
Coherent Corp. | ||
5.00%, 12/15/29 (a)(b) | 50,000 | 44,460 |
CommScope Technologies LLC | ||
6.00%, 06/15/25 (a)(b) | 140,000 | 128,275 |
5.00%, 03/15/27 (a)(b) | 25,000 | 13,925 |
CommScope, Inc. | ||
4.75%, 09/01/29 (a)(b) | 65,000 | 48,362 |
Conduent Business Services LLC/Conduent State & Local Solutions, Inc. | ||
6.00%, 11/01/29 (a)(b) | 25,000 | 20,657 |
Consensus Cloud Solutions, Inc. | ||
6.50%, 10/15/28 (a)(b) | 50,000 | 45,236 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
CoreLogic, Inc. | ||
4.50%, 05/01/28 (a)(b) | 25,000 | 20,460 |
Crowdstrike Holdings, Inc. | ||
3.00%, 02/15/29 (a) | 45,000 | 38,731 |
Entegris Escrow Corp. | ||
4.75%, 04/15/29 (a)(b) | 25,000 | 23,284 |
5.95%, 06/15/30 (a)(b) | 50,000 | 47,933 |
Entegris, Inc. | ||
4.38%, 04/15/28 (a)(b) | 25,000 | 22,815 |
3.63%, 05/01/29 (a)(b) | 15,000 | 12,906 |
Fair Isaac Corp. | ||
4.00%, 06/15/28 (a)(b) | 75,000 | 68,655 |
Gartner, Inc. | ||
3.75%, 10/01/30 (a)(b) | 100,000 | 86,454 |
Gen Digital, Inc. | ||
5.00%, 04/15/25 (a)(b) | 20,000 | 19,625 |
6.75%, 09/30/27 (a)(b) | 75,000 | 75,270 |
GoTo Group, Inc. | ||
5.50%, 09/01/27 (a)(b) | 10,000 | 5,863 |
HealthEquity, Inc. | ||
4.50%, 10/01/29 (a)(b) | 25,000 | 22,201 |
Imola Merger Corp. | ||
4.75%, 05/15/29 (a)(b) | 105,000 | 93,437 |
Iron Mountain Information Management Services, Inc. | ||
5.00%, 07/15/32 (a)(b) | 35,000 | 30,256 |
Iron Mountain, Inc. | ||
7.00%, 02/15/29 (a)(b) | 125,000 | 124,788 |
5.25%, 07/15/30 (a)(b) | 150,000 | 135,493 |
McAfee Corp. | ||
7.38%, 02/15/30 (a)(b) | 75,000 | 65,686 |
Mobius Merger Sub, Inc. | ||
9.00%, 06/01/30 (a)(b) | 15,000 | 13,691 |
NCR Corp. | ||
5.13%, 04/15/29 (a)(b) | 135,000 | 122,902 |
Neptune Bidco U.S., Inc. | ||
9.29%, 04/15/29 (a)(b) | 125,000 | 116,840 |
ON Semiconductor Corp. | ||
3.88%, 09/01/28 (a)(b) | 10,000 | 8,911 |
Open Text Corp. | ||
3.88%, 02/15/28 (a)(b) | 25,000 | 22,271 |
Open Text Holdings, Inc. | ||
4.13%, 02/15/30 (a)(b) | 115,000 | 99,206 |
Paysafe Finance plc/Paysafe Holdings US Corp. | ||
4.00%, 06/15/29 (a)(b) | 15,000 | 12,728 |
Pitney Bowes, Inc. | ||
6.88%, 03/15/27 (a)(b) | 30,000 | 22,679 |
Presidio Holdings, Inc. | ||
8.25%, 02/01/28 (a)(b) | 50,000 | 48,495 |
PTC, Inc. | ||
4.00%, 02/15/28 (a)(b) | 50,000 | 45,983 |
Rackspace Technology Global, Inc. | ||
3.50%, 02/15/28 (a)(b) | 15,000 | 7,133 |
5.38%, 12/01/28 (a)(b) | 5,000 | 1,458 |
Rocket Software, Inc. | ||
6.50%, 02/15/29 (a)(b) | 25,000 | 20,773 |
Sabre Global, Inc. | ||
7.38%, 09/01/25 (a)(b) | 75,000 | 73,781 |
Seagate HDD Cayman | ||
8.25%, 12/15/29 (a)(b) | 75,000 | 78,751 |
9.63%, 12/01/32 (a)(b) | 100,000 | 110,882 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Sensata Technologies BV | ||
5.00%, 10/01/25 (b) | 35,000 | 34,145 |
4.00%, 04/15/29 (a)(b) | 35,000 | 30,776 |
Sensata Technologies, Inc. | ||
3.75%, 02/15/31 (a)(b) | 100,000 | 83,890 |
SS&C Technologies, Inc. | ||
5.50%, 09/30/27 (a)(b) | 75,000 | 72,270 |
The Dun & Bradstreet Corp. | ||
5.00%, 12/15/29 (a)(b) | 25,000 | 22,460 |
Twilio, Inc. | ||
3.88%, 03/15/31 (a) | 40,000 | 33,541 |
Veritas US, Inc./Veritas Bermuda Ltd. | ||
7.50%, 09/01/25 (a)(b) | 50,000 | 41,016 |
Verscend Escrow Corp. | ||
9.75%, 08/15/26 (a)(b) | 100,000 | 99,591 |
Western Digital Corp. | ||
4.75%, 02/15/26 (a) | 100,000 | 95,441 |
Xerox Corp. | ||
4.80%, 03/01/35 | 15,000 | 10,145 |
6.75%, 12/15/39 | 25,000 | 19,506 |
Xerox Holdings Corp. | ||
5.00%, 08/15/25 (a)(b) | 50,000 | 47,747 |
Ziff Davis, Inc. | ||
4.63%, 10/15/30 (a)(b) | 15,000 | 12,916 |
ZoomInfo Technologies LLC/ZoomInfo Finance Corp. | ||
3.88%, 02/01/29 (a)(b) | 10,000 | 8,510 |
3,180,810 | ||
Transportation 2.5% | ||
Air Canada | ||
3.88%, 08/15/26 (a)(b) | 50,000 | 46,223 |
Allegiant Travel Co. | ||
7.25%, 08/15/27 (a)(b) | 50,000 | 48,990 |
American Airlines Group, Inc. | ||
3.75%, 03/01/25 (b) | 25,000 | 23,948 |
American Airlines, Inc. | ||
11.75%, 07/15/25 (b) | 175,000 | 191,705 |
7.25%, 02/15/28 (a)(b) | 65,000 | 63,916 |
American Airlines, Inc./AAdvantage Loyalty IP Ltd. | ||
5.50%, 04/20/26 (b) | 50,417 | 49,526 |
5.75%, 04/20/29 (b) | 15,000 | 14,361 |
Avis Budget Car Rental LLC/Avis Budget Finance, Inc. | ||
4.75%, 04/01/28 (a)(b) | 75,000 | 68,276 |
Delta Air Lines, Inc. | ||
2.90%, 10/28/24 (a) | 15,000 | 14,543 |
7.38%, 01/15/26 (a) | 25,000 | 25,747 |
3.75%, 10/28/29 (a) | 50,000 | 44,542 |
First Student Bidco, Inc./First Transit Parent, Inc. | ||
4.00%, 07/31/29 (a)(b) | 60,000 | 51,085 |
Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd. | ||
5.75%, 01/20/26 (a)(b) | 60,000 | 55,578 |
Rand Parent LLC | ||
8.50%, 02/15/30 (a)(b) | 35,000 | 33,369 |
Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd. | ||
8.00%, 09/20/25 (a)(b) | 50,000 | 50,099 |
The Hertz Corp. | ||
4.63%, 12/01/26 (a)(b) | 10,000 | 9,063 |
5.00%, 12/01/29 (a)(b) | 75,000 | 61,735 |
United Airlines, Inc. | ||
4.38%, 04/15/26 (a)(b) | 60,000 | 56,606 |
4.63%, 04/15/29 (a)(b) | 80,000 | 71,238 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
VistaJet Malta Finance plc/Vista Management Holding, Inc. | ||
7.88%, 05/01/27 (a)(b) | 25,000 | 22,650 |
9.50%, 06/01/28 (a)(b) | 85,000 | 78,520 |
Watco Cos. LLC/Watco Finance Corp. | ||
6.50%, 06/15/27 (a)(b) | 25,000 | 24,155 |
XPO CNW, Inc. | ||
6.70%, 05/01/34 | 25,000 | 24,876 |
XPO, Inc. | ||
7.13%, 06/01/31 (a)(b) | 25,000 | 25,160 |
1,155,911 | ||
38,271,958 | ||
Utility 3.0% | ||
Electric 3.0% | ||
Algonquin Power & Utilities Corp. | ||
4.75%, 01/18/82 (a)(c) | 35,000 | 28,660 |
Calpine Corp. | ||
4.50%, 02/15/28 (a)(b) | 130,000 | 120,461 |
5.13%, 03/15/28 (a)(b) | 75,000 | 68,399 |
5.00%, 02/01/31 (a)(b) | 33,000 | 27,953 |
Clearway Energy Operating LLC | ||
3.75%, 02/15/31 (a)(b) | 100,000 | 82,308 |
DPL, Inc. | ||
4.13%, 07/01/25 (a) | 50,000 | 47,610 |
Edison International | ||
8.13%, 06/15/53 (a)(c) | 45,000 | 45,883 |
Emera, Inc. | ||
6.75%, 06/15/76 (a)(c) | 60,000 | 57,825 |
FirstEnergy Corp. | ||
4.15%, 07/15/27 (a)(d) | 75,000 | 70,814 |
2.65%, 03/01/30 (a) | 125,000 | 104,863 |
4.85%, 07/15/47 (a)(d) | 25,000 | 21,778 |
NextEra Energy Operating Partners LP | ||
3.88%, 10/15/26 (a)(b) | 15,000 | 13,875 |
NOVA Chemicals Corp. | ||
5.00%, 05/01/25 (a)(b) | 22,000 | 20,966 |
5.25%, 06/01/27 (a)(b) | 65,000 | 57,863 |
NRG Energy, Inc. | ||
5.25%, 06/15/29 (a)(b) | 10,000 | 9,010 |
3.88%, 02/15/32 (a)(b) | 150,000 | 116,193 |
Pattern Energy Operations LP/Pattern Energy Operations, Inc. | ||
4.50%, 08/15/28 (a)(b) | 20,000 | 18,226 |
PG&E Corp. | ||
5.25%, 07/01/30 (a) | 75,000 | 66,701 |
Sunnova Energy Corp. | ||
5.88%, 09/01/26 (a)(b) | 50,000 | 44,043 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Talen Energy Supply LLC | ||
8.63%, 06/01/30 (a)(b) | 60,000 | 62,536 |
Terraform Global Operating LP | ||
6.13%, 03/01/26 (a)(b) | 25,000 | 24,060 |
TerraForm Power Operating LLC | ||
4.75%, 01/15/30 (a)(b) | 45,000 | 38,622 |
Topaz Solar Farms LLC | ||
5.75%, 09/30/39 (b) | 25,000 | 23,662 |
TransAlta Corp. | ||
6.50%, 03/15/40 | 10,000 | 9,568 |
Vistra Operations Co. LLC | ||
5.63%, 02/15/27 (a)(b) | 25,000 | 24,090 |
5.00%, 07/31/27 (a)(b) | 185,000 | 174,161 |
1,380,130 | ||
Total Corporates (Cost $43,857,795) | 44,040,281 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
SHORT-TERM INVESTMENTS 2.0% OF NET ASSETS | ||
Money Market Funds 2.0% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (g) | 934,921 | 934,921 |
Total Short-Term Investments (Cost $934,921) | 934,921 | |
Total Investments in Securities (Cost $44,792,716) | 44,975,202 |
(a) | The effective maturity may be shorter than the final maturity shown because of the possibility of interim principal payments and prepayments or as the result of embedded demand features (puts or calls). |
(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 $34,557,731 or 75.3% of net assets. |
(c) | Security is in a fixed-rate coupon period. Based on index eligibility requirements and the fund’s investment objective this security will be removed from the index prior to converting to a floating rate security. |
(d) | Step up security that pays an initial coupon rate for a set period and increased coupon rates at one or more preset intervals. Rate shown is as of period end. |
(e) | On October 15, 2023, the issuer filed for bankruptcy. The security was subsequently sold. |
(f) | Security is in default on interest payments. |
(g) | The rate shown is the annualized 7-day yield. |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Corporates1 | $— | $44,040,281 | $— | $44,040,281 |
Short-Term Investments1 | 934,921 | — | — | 934,921 |
Total | $934,921 | $44,040,281 | $— | $44,975,202 |
1 | As categorized in the Portfolio Holdings. |
Assets | ||
Investments in securities, at value - unaffiliated (cost $44,792,716) | $44,975,202 | |
Receivables: | ||
Interest | 760,386 | |
Investments sold | 183,959 | |
Dividends | + | 2,029 |
Total assets | 45,921,576 | |
Liabilities | ||
Payables: | ||
Management fees | + | 3,823 |
Total liabilities | 3,823 | |
Net assets | $45,917,753 | |
Net Assets by Source | ||
Capital received from investors | $45,288,214 | |
Total distributable earnings | + | 629,539 |
Net assets | $45,917,753 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$45,917,753 | 900,000 | $51.02 | ||
For the period July 11, 2023* through August 31, 2023 | ||
Investment Income | ||
Interest received from securities - unaffiliated | $465,767 | |
Dividends received from securities - unaffiliated | + | 3,179 |
Total investment income | 468,946 | |
Expenses | ||
Management fees | 5,879 | |
Total expenses | – | 5,879 |
Net investment income | 463,067 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated | (16,014 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | + | 182,486 |
Net realized and unrealized gains | 166,472 | |
Increase in net assets resulting from operations | $629,539 |
* | Commencement of operations. |
OPERATIONS | ||
7/11/23*-8/31/23 | ||
Net investment income | $463,067 | |
Net realized losses | (16,014 ) | |
Net change in unrealized appreciation (depreciation) | + | 182,486 |
Increase in net assets resulting from operations | $629,539 |
TRANSACTIONS IN FUND SHARES | |||
7/11/23*-8/31/23 | |||
SHARES | VALUE | ||
Shares sold | 900,000 | $45,288,214 | |
Net transactions in fund shares | 900,000 | $45,288,214 | |
SHARES OUTSTANDING AND NET ASSETS | |||
7/11/23*-8/31/23 | |||
SHARES | NET ASSETS | ||
Beginning of period | — | $— | |
Total increase | + | 900,000 | 45,917,753 |
End of period | 900,000 | $45,917,753 |
* | Commencement of operations. |
SCHWAB STRATEGIC TRUST (ORGANIZED JANUARY 27, 2009) | |
Schwab High Yield Bond ETF | Schwab U.S. TIPS ETF |
Schwab Municipal Bond ETF | Schwab Short-Term U.S. Treasury ETF |
Schwab U.S. Broad Market ETF | Schwab Intermediate-Term U.S. Treasury ETF |
Schwab 1000 Index®ETF | Schwab Long-Term U.S. Treasury ETF |
Schwab U.S. Large-Cap ETF | Schwab U.S. Aggregate Bond ETF |
Schwab U.S. Large-Cap Growth ETF | Schwab 1-5 Year Corporate Bond ETF |
Schwab U.S. Large-Cap Value ETF | Schwab 5-10 Year Corporate 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 International Dividend Equity 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 Emerging Markets Equity ETF | Schwab Ariel ESG ETF |
Schwab U.S. REIT ETF | Schwab Crypto Thematic ETF |
2. Significant Accounting Policies:
3. Risk Factors:
4. Affiliates and Affiliated Transactions:
5. Other Service Providers:
7. Borrowing from Banks:
8. Purchases and Sales/Maturities of Investment Securities:
PURCHASES OF SECURITIES | SALES/MATURITIES OF SECURITIES |
$546,527 | $813,876 |
9. In-Kind Transactions:
IN-KIND PURCHASES OF SECURITIES | IN-KIND SALES OF SECURITIES |
$44,052,143 | $0 |
TAX COST | GROSS UNREALIZED APPRECIATION | GROSS UNREALIZED DEPRECIATION | NET UNREALIZED APPRECIATION (DEPRECIATION) | |
$44,792,716 | $409,980 | ($227,494 ) | $182,486 | |
UNDISTRIBUTED ORDINARY INCOME | NET UNREALIZED APPRECIATION (DEPRECIATION) ON INVESTMENTS | CAPITAL LOSS CARRYFORWARDS AND OTHER LOSSES | TOTAL |
$463,067 | $182,486 | ($16,014 ) | $629,539 |
11. Subsequent Events:
Denver, Colorado
October 17, 2023
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 |
Michael J. Beer 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 2022) | Retired. Director, President and Chief Executive Officer (Dec. 2016 – Sept. 2019), Principal Funds (investment management). | 106 | Director (2016 – 2019), Principal Funds, Inc. |
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. | 106 | None |
Nancy F. Heller 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 2018) | Retired. | 106 | None |
David L. Mahoney 1954 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2011; Schwab Strategic Trust since 2016) | Private Investor. | 106 | Director (2004 – present), Corcept Therapeutics Incorporated Director (2009 – 2021), Adamas Pharmaceuticals, Inc. Director (2003 – 2019), Symantec Corporation |
Jane P. Moncreiff 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 2019) | Consultant (2018 – present), Fulham Advisers LLC (management consulting); Chief Investment Officer (2009 – 2017), CareGroup Healthcare System, Inc. (healthcare). | 106 | None |
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 (2008 – present), Patmore Management Consulting (management consulting). | 106 | None |
J. Derek Penn 1957 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2021) | Head of Equity Sales and Trading (2006 – 2018), BNY Mellon (financial services). | 106 | None |
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 since 2010) | Co-Chairman of the Board (July 2022 – present), Director and Chief Executive Officer (Oct. 2008 – present) and President (Feb. 2007 – Oct. 2021), The Charles Schwab Corporation; President and Chief Executive Officer (Oct. 2008 – Oct. 2021) and Director (May 2008 – Oct. 2021), Charles Schwab & Co., Inc.; Director (Apr. 2006 – present), Charles Schwab Bank, SSB; Director (Nov. 2017 – present), Charles Schwab Premier Bank, SSB; Director (July 2019 – present), Charles Schwab Trust Bank; Director (May 2008 – present), Chief Executive Officer (Aug. 2017 – present) and President (Aug. 2017 – Nov. 2021), Schwab Holdings, Inc.; Director (Oct. 2020 – present), TD Ameritrade Holding Corporation; Director (July 2016 – Oct. 2021), Charles Schwab Investment Management, Inc. | 106 | Director (2008 – present), The Charles Schwab Corporation |
Richard A. Wurster2 1973 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2022) | President (Oct. 2021 – present) and Executive Vice President – Schwab Asset Management Solutions (Apr. 2019 – Oct. 2021), The Charles Schwab Corporation; President, Director (Oct. 2021 – present), Executive Vice President – Schwab Asset Management Solutions (July 2019 – Oct. 2021) and Senior Vice President – Advisory (May 2016 – July 2019), Charles Schwab & Co., Inc.; President (Nov. 2021 – present), Schwab Holdings, Inc.; Director (Oct. 2021 – present) and Chief Executive Officer (Nov. 2019 – Jan. 2022), Charles Schwab Investment Management, Inc.; Director, Chief Executive Officer and President (Mar. 2018 – Oct. 2022), Charles Schwab Investment Advisory, Inc.; Chief Executive Officer (July 2016 – Apr. 2018) and President (Mar. 2017 – Apr. 2018), ThomasPartners, Inc.; Chief Executive Officer (July 2016 – Apr. 2018), Windhaven Investment Management, Inc. | 106 | 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 |
Omar Aguilar 1970 Chief Executive Officer and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) | Chief Executive Officer (Jan. 2022 – present), Chief Investment Officer (Apr. 2011 – present) and Senior Vice President (Apr. 2011 – Dec. 2021), Charles Schwab Investment Management, Inc.; Director, Chief Executive Officer and President (Oct. 2022 – present), Charles Schwab Investment Advisory, Inc.; Chief Executive Officer (Sept. 2023 – present), Chief Investment Officer (June 2011 – present) and Vice President (June 2011 – Sept. 2023), Schwab Funds, Laudus Trust and Schwab ETFs. |
Jonathan de St. Paer 1973 President (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2018) | Director (Apr. 2019 – present), President (Oct. 2018 – present), Chief Operating Officer (Jan. 2021 – present), and Chief Executive Officer (Apr. 2019 – Nov. 2019), Charles Schwab Investment Management, Inc.; Senior Vice President (June 2020 – Mar. 2022) and Chief Operating Officer (Jan. 2021 – Mar. 2022), Charles Schwab Investment Advisory, Inc.; President (Nov. 2018 – present), Chief Executive Officer (Apr. 2019 – Sept. 2023) and Trustee (Apr. 2019 – Dec. 2020), Schwab Funds, Laudus Trust and Schwab ETFs; Managing Director (May 2022 – present), Senior Vice President (Apr. 2019 – May 2022) and Senior Vice President – Strategy and Product Development (CSIM) (Jan. 2014 – Mar. 2019), Charles Schwab & Co., Inc. |
Mark Fischer 1970 Chief Operating Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2013) | Chief Operating Officer (Dec. 2020 – present) and Treasurer and Chief Financial Officer (Jan. 2016 – Dec. 2022), Schwab Funds, Laudus Trust and Schwab ETFs; Managing Director (Mar. 2023 – present), Chief Financial Officer (Mar. 2020 – present) and Vice President (Oct. 2013 – Mar. 2023), Charles Schwab Investment Management, Inc. |
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 |
Dana Smith 1965 Treasurer and Chief Financial Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2023) | Treasurer and Chief Financial Officer (Jan. 2023 – present) and Assistant Treasurer (Dec. 2015 – Dec. 2022), Schwab Funds, Laudus Trust and Schwab ETFs; Managing Director (Mar. 2023 – present), Vice President (Mar. 2022 – Mar. 2023) and Director (Oct. 2015 – Mar. 2022), Charles Schwab Investment Management, Inc. |
Brett Wander 1961 Vice President and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) | Managing Director (Mar. 2023 – present), Chief Investment Officer (Apr. 2011 – present) and Senior Vice President (Apr. 2011 – Mar. 2023) Charles Schwab Investment Management, Inc.; Vice President and Chief Investment Officer (June 2011 – present), Schwab Funds, Laudus Trust and Schwab ETFs. |
William P. McMahon, Jr. 1972 Vice President and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2021) | Managing Director (Mar. 2023 – present), Chief Investment Officer (Jan. 2020 – present) and Senior Vice President (Jan. 2020 – Mar. 2023) Charles Schwab Investment Management, Inc.; Vice President and Chief Investment Officer (June 2021 – present), Schwab Funds, Laudus Trust and Schwab ETFs; Senior Vice President and Chief Investment Officer – ThomasPartners Strategies (Apr. 2018 – Dec. 2019), Charles Schwab Investment Advisory, Inc.; Senior Vice President and Chief Investment Officer (May 2001 – Apr. 2018), ThomasPartners, Inc. |
Catherine MacGregor 1964 Chief Legal Officer and Secretary, Schwab Funds and Schwab ETFs Chief Legal Officer, Vice President and Clerk, Laudus Trust (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2005; Schwab Strategic Trust since 2009) | Managing Director (Mar. 2023 – present), Chief Legal Officer (Mar. 2022 – present) and Vice President (Sept. 2005 – Mar. 2023), Charles Schwab Investment Management, Inc.; Managing Director (May 2022 – present) and Vice President (July 2005 – May 2022), Charles Schwab & Co., Inc.; Vice President (Dec. 2005 – present) and Chief Legal Officer and Clerk (Mar. 2007 – present), Laudus Trust; Chief Legal Officer and Secretary (Oct. 2021 – present), Vice President (Nov. 2005 – Oct. 2021) and Assistant Secretary (June 2007 – Oct. 2021), Schwab Funds; Chief Legal Officer and Secretary (Oct. 2021 – present), Vice President and Assistant Secretary (Oct. 2009 – Oct. 2021), Schwab ETFs. |
Schwab ETFs
Index ETF
Printed on recycled paper.
Item 2: | Code of Ethics. |
(a) | Registrant has adopted a code of ethics that applies to its principal executive officer, principal financial officer, and any other persons who perform a similar function, regardless of whether these individuals are employed by Registrant or a third party. |
(c) | During the period covered by the report, no amendments were made to the provisions of this code of ethics. |
(d) | During the period covered by the report, Registrant did not grant any waivers, including implicit waivers, from the provisions of this code of ethics. |
(f)(1) Registrant has filed this code of ethics as an exhibit pursuant to Item 13(a)(1) of Form N-CSR.
Item 3: | Audit Committee Financial Expert. |
Registrant’s Board of Trustees has determined that Kimberly S. Patmore, Michael J. Beer and J. Derek Penn, each currently serving on its audit, compliance and valuation committee, are each an “audit committee financial expert,” as such term is defined in Item 3 of Form N-CSR. Each member of Registrant’s audit, compliance and valuation committee is “independent” under the standards set forth in Item 3 of Form N-CSR.
The designation of each of Ms. Patmore, Mr. Beer and Mr. Penn as an “audit committee financial expert” pursuant to Item 3 of Form N-CSR does not (i) impose upon such individual any duties, obligations, or liability that are greater than the duties, obligations and liability imposed upon such individual as a member of Registrant’s audit, compliance and valuation committee or Board of Trustees in the absence of such designation; and (ii) affect the duties, obligations or liability of any other member of Registrant’s audit, compliance and valuation committee or Board of Trustees.
Item 4: | Principal Accountant Fees and Services. |
Registrant is composed of thirty operational series. Thirteen series have a fiscal year-end of August 31, whose annual financial statements are reported in Item 1, seven series have a fiscal year-end of the last day of February, two series have a fiscal year end of March 31, and eight series have a fiscal year-end of December 31. Principal accountant fees disclosed in Items 4(a)-(d) and 4(g) include fees billed for services rendered to each of the twenty-eight operational series during 2023/2024 and the twenty-seven operational series during 2022/2023, based on their respective 2023/2024 and 2022/2023 fiscal years, as applicable.
The following table presents fees billed by the principal accountant in each of the last two fiscal years for the services rendered to the Funds:
(a) Audit Fees1 | (b) Audit-Related Fees | (c) Tax Fees2 | (d) All Other Fees | |||||||||||
Fiscal Year 2023/2024 | Fiscal Year 2022/2023 | Fiscal Year 2023/2024 | Fiscal Year 2022/2023 | Fiscal Year 2023/2024 | Fiscal Year 2022/2023 | Fiscal Year 2023/2024 | Fiscal Year 2022/2023 | |||||||
$558,674 | $494,150 | $0 | $0 | $98,550 | $86,800 | $0 | $0 |
1 | The nature of the services includes audit of the registrant’s annual financial statements and normally provided services in connection with regulatory filings for those fiscal years. |
2 | The nature of the services includes tax compliance, tax advice and tax planning. |
(e)(1) Registrant’s audit, compliance and valuation committee does not have pre-approval policies and procedures as described in paragraph (c)(7) of Rule 2-01 of Regulation S-X.
(2) There were no services described in each of paragraphs (b) through (d) above (including services required to be approved by Registrant’s audit, compliance and valuation committee pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X) that were approved by Registrant’s audit, compliance and valuation committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X.
(f) Not applicable.
(g) Below are the aggregate non-audit fees billed in each of the last two fiscal years by Registrant’s principal accountant for services rendered to Registrant, to Registrant’s investment adviser, and to any entity controlling, controlled by, or under common control with Registrant’s investment adviser that provides ongoing services to Registrant.
2023/2024: $3,399,066 | 2022/2023: $ | 5,163,701 |
(h) During the past fiscal year, all non-audit services provided by Registrant’s principal accountant to either Registrant’s investment adviser or to any entity controlling, controlled by, or under common control with Registrant’s investment adviser that provides ongoing services to Registrant were pre-approved. Included in the audit, compliance and valuation committee’s pre-approval was the review and consideration as to whether the provision of these non-audit services is compatible with maintaining the principal accountant’s independence.
(i) Not applicable.
(j) Not applicable.
Item 5: | Audit Committee of Listed Registrants. |
The Registrant is a listed issuer as defined in Rule 10A-3 under the Exchange Act and has separately-designated standing audit, compliance and valuation committee established in accordance with Section 3(a)58(A) of the Exchange Act. The Registrant’s audit, compliance and valuation committee members are Kimberly S. Patmore, Michael J. Beer and J. Derek Penn.
Item 6: | Schedule of Investments. |
The schedules of investments are included as part of the report to shareholders filed under Item 1 of this Form.
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, Omar Aguilar and Registrant’s Chief Financial Officer, Dana Smith, 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 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: | Disclosure of Securities Lending Activities for Closed-End Management Investment Companies. |
Not applicable.
Item 13: Exhibits.
(2) |
(b) |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) Schwab Strategic Trust – Schwab U.S. Equity ETFs, Schwab International Equity ETFs and Schwab High Yield Bond ETF
By: | /s/ Omar Aguilar | |
Omar Aguilar Chief Executive Officer | ||
Date: | October 17, 2023 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: | /s/ Omar Aguilar | |
Omar Aguilar Chief Executive Officer | ||
Date: | October 17, 2023 | |
By: | /s/ Dana Smith | |
Dana Smith Chief Financial Officer | ||
Date: | October 17, 2023 |