UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSRS
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
211 Main Street, San Francisco, California 94105
(Name and address of agent for service)
Registrant’s telephone number, including area code: (415) 636-7000
Date of fiscal year end: August 31
Date of reporting period: February 29, 2024
Item 1: Report(s) to Shareholders.
![(CHARLES SCHWAB ASSET MANAGMENT LOGO)](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892423img420f551f1.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 |
No Action Required – Notice Regarding Shareholder Report Delivery |
Beginning on July 24, 2024, fund shareholder reports will be streamlined to highlight key information deemed important for investors to assess and monitor their fund investments. Other information, including financial statements, will not appear in the streamlined shareholder reports but will available online and delivered free of charge upon request. |
• If you already receive the full shareholder reports, you will receive the streamlined shareholder reports in the same way that you currently receive the full shareholder reports (either in paper or electronically). |
• If you currently receive a notification when a shareholder report is available on a fund’s website, beginning July 24, 2024, you will begin to receive the streamlined shareholder report (in paper). |
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Total Returns for the 6 Months Ended February 29, 2024 | |
Schwab International Dividend Equity ETF (Ticker Symbol: SCHY) | |
Market Price Return1 | 5.46% |
NAV Return1 | 5.40% |
MSCI EAFE® Index (Net)2,3 | 9.23% |
Dow Jones International Dividend 100 Index (Net)2 | 5.52% |
ETF Category: Morningstar Foreign Large Value4 | 6.32% |
Performance Details | pages 4-5 |
Schwab International Equity ETF (Ticker Symbol: SCHF) | |
Market Price Return1 | 9.07% |
NAV Return1 | 8.91% |
MSCI EAFE® Index (Net)2,3 | 9.23% |
FTSE Developed ex US Index (Net)2 | 8.90% |
ETF Category: Morningstar Foreign Large Blend4 | 7.99% |
Performance Details | pages 6-7 |
Total Returns for the 6 Months Ended February 29, 2024 | |
Schwab International Small-Cap Equity ETF (Ticker Symbol: SCHC) | |
Market Price Return1 | 3.57% |
NAV Return1 | 3.41% |
MSCI EAFE® Index (Net)2,3 | 9.23% |
FTSE Developed Small Cap ex US Liquid Index (Net)2 | 3.35% |
ETF Category: Morningstar Foreign Small/Mid Blend4 | 5.57% |
Performance Details | pages 8-9 |
Schwab Emerging Markets Equity ETF (Ticker Symbol: SCHE) | |
Market Price Return1 | 3.90% |
NAV Return1 | 4.47% |
MSCI Emerging Markets Index (Net)2,5 | 4.93% |
FTSE Emerging Index (Net)2 | 4.99% |
ETF Category: Morningstar Diversified Emerging Markets4 | 5.96% |
Performance Details | pages 10-11 |
![]() | 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. |
![]() | Joselle Duncan, CFA, Portfolio Manager for Schwab Asset Management, is responsible for the day-to-day co-management of the funds. Prior to joining Schwab in 2022, Ms. Duncan worked at BlackRock, Inc. for over 20 years as a vice president and portfolio manager focused on international ETFs. Before that, she held several positions at Blackrock (formerly Barclays Global Investors) including portfolio manager for institutional and mutual funds, securities lending trader, and securities lending product specialist. |
![]() | Jiwei Gu, CFA, Portfolio Manager for Schwab Asset Management, is responsible for the day-to-day co-management of the funds. Ms. Gu joined the portfolio management team as an associate portfolio manager in 2018. Prior to joining Schwab, she spent four years at CoBank, most recently as an enterprise risk analyst performing bank-level loan portfolio credit risk analysis, data analytics, and risk management methodology research. Before that, Ms. Gu worked in commercial credit underwriting and capital markets supporting lending activities. |
![]() | 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). |
Fund and Inception Date | 6 Months | 1 Year | Since Inception* |
Fund: Schwab International Dividend Equity ETF (4/29/21) | |||
Market Price Return2 | 5.46% | 10.18% | 2.29% |
NAV Return2 | 5.40% | 9.98% | 2.32% |
MSCI EAFE® Index (Net)3,4 | 9.23% | 14.41% | 2.44% |
Dow Jones International Dividend 100 Index (Net)3 | 5.52% | 10.06% | 2.39% |
ETF Category: Morningstar Foreign Large Value5 | 6.32% | 11.32% | N/A |
Fund Expense Ratio6: 0.14% |
Number of Holdings | 102 |
Weighted Average Market Cap (millions) | $61,745 |
Price/Earnings Ratio (P/E) | 14.4 |
Price/Book Ratio (P/B) | 2.3 |
Portfolio Turnover Rate | 17% 2,3 |
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892423img98e8dd546.jpg)
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Fund and Inception Date | 6 Months | 1 Year | 5 Years | 10 Years |
Fund: Schwab International Equity ETF (11/3/09) | ||||
Market Price Return2 | 9.07% | 14.66% | 6.92% | 4.61% |
NAV Return2 | 8.91% | 14.26% | 6.92% | 4.61% |
MSCI EAFE® Index (Net)3,4 | 9.23% | 14.41% | 6.77% | 4.39% |
FTSE Developed ex US Index (Net)3 | 8.90% | 14.06% | 6.76% | 4.49% |
ETF Category: Morningstar Foreign Large Blend5 | 7.99% | 12.85% | 6.03% | 4.14% |
Fund Expense Ratio6: 0.06% |
Number of Holdings | 1,524 |
Weighted Average Market Cap (millions) | $90,475 |
Price/Earnings Ratio (P/E) | 14.8 |
Price/Book Ratio (P/B) | 1.7 |
Portfolio Turnover Rate | 2% 2,3 |
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892423img49ef2ff39.jpg)
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Fund and Inception Date | 6 Months | 1 Year | 5 Years | 10 Years |
Fund: Schwab International Small-Cap Equity ETF (1/14/10) | ||||
Market Price Return2 | 3.57% | 6.20% | 3.86% | 2.94% |
NAV Return2 | 3.41% | 5.68% | 3.78% | 2.88% |
MSCI EAFE® Index (Net)3,4 | 9.23% | 14.41% | 6.77% | 4.39% |
FTSE Developed Small Cap ex US Liquid Index (Net)3 | 3.35% | 5.48% | 3.63% | 2.74% |
ETF Category: Morningstar Foreign Small/Mid Blend5 | 5.57% | 8.08% | 5.01% | 3.95% |
Fund Expense Ratio6: 0.11% |
Number of Holdings | 2,160 |
Weighted Average Market Cap (millions) | $3,126 |
Price/Earnings Ratio (P/E) | 13.9 |
Price/Book Ratio (P/B) | 1.3 |
Portfolio Turnover Rate | 7% 2,3 |
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892423imgba36f04812.jpg)
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Fund and Inception Date | 6 Months | 1 Year | 5 Years | 10 Years |
Fund: Schwab Emerging Markets Equity ETF (1/14/10) | ||||
Market Price Return2 | 3.90% | 7.27% | 2.30% | 3.43% |
NAV Return2 | 4.47% | 7.81% | 2.46% | 3.46% |
MSCI Emerging Markets Index (Net)3,4 | 4.93% | 8.73% | 1.89% | 3.01% |
FTSE Emerging Index (Net)3 | 4.99% | 8.73% | 2.74% | 3.68% |
ETF Category: Morningstar Diversified Emerging Markets5 | 5.96% | 10.99% | 3.07% | 2.98% |
Fund Expense Ratio6: 0.11% |
Number of Holdings | 1911 |
Weighted Average Market Cap (millions) | $102,812 |
Price/Earnings Ratio (P/E) | 13.3 |
Price/Book Ratio (P/B) | 2.0 |
Portfolio Turnover Rate | 3% 2,3 |
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892423img55438b4915.jpg)
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EXPENSE RATIO (ANNUALIZED) 1 | BEGINNING ACCOUNT VALUE AT 9/1/23 | ENDING ACCOUNT VALUE (NET OF EXPENSES) AT 2/29/24 | EXPENSES PAID DURING PERIOD 9/1/23-2/29/24 2 | |
Schwab International Dividend Equity ETF | ||||
Actual Return | 0.14% | $1,000.00 | $1,054.00 | $0.71 |
Hypothetical 5% Return | 0.14% | $1,000.00 | $1,024.17 | $0.70 |
Schwab International Equity ETF | ||||
Actual Return | 0.06% | $1,000.00 | $1,089.10 | $0.31 |
Hypothetical 5% Return | 0.06% | $1,000.00 | $1,024.57 | $0.30 |
Schwab International Small-Cap Equity ETF | ||||
Actual Return | 0.11% | $1,000.00 | $1,034.10 | $0.56 |
Hypothetical 5% Return | 0.11% | $1,000.00 | $1,024.32 | $0.55 |
Schwab Emerging Markets Equity ETF | ||||
Actual Return | 0.11% | $1,000.00 | $1,044.70 | $0.56 |
Hypothetical 5% Return | 0.11% | $1,000.00 | $1,024.32 | $0.55 |
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 182 days in the period, and divided by 366 days in the fiscal year. |
9/1/23– 2/29/24* | 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 | $23.70 | $21.72 | $26.07 | $25.00 | ||
Income (loss) from investment operations: | ||||||
Net investment income (loss)2 | 0.31 | 1.08 | 1.37 | 0.41 | ||
Net realized and unrealized gains (losses) | 0.95 | 1.78 | (5.09 ) | 0.71 | ||
Total from investment operations | 1.26 | 2.86 | (3.72 ) | 1.12 | ||
Less distributions: | ||||||
Distributions from net investment income | (0.69 ) | (0.88 ) | (0.63 ) | (0.05 ) | ||
Net asset value at end of period | $24.27 | $23.70 | $21.72 | $26.07 | ||
Total return | 5.40 %3 | 13.31 % | (14.47 %) | 4.48 %3 | ||
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.14 %4 | 0.14 %5 | 0.14 %5 | 0.14 %4 | ||
Net investment income (loss) | 2.61 %4 | 4.67 % | 5.72 % | 4.76 %4 | ||
Portfolio turnover rate6 | 17 %3 | 40 % | 45 % | 3 %3 | ||
Net assets, end of period (x 1,000) | $781,410 | $753,682 | $438,821 | $101,664 |
* | Unaudited. |
1 | Commencement of operations. |
2 | Calculated based on the average shares outstanding during the period. |
3 | Not annualized. |
4 | Annualized. |
5 | Ratio includes less than 0.005% of non-routine proxy expenses. |
6 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.4% OF NET ASSETS | ||
Australia 13.5% | ||
Ampol Ltd. | 195,593 | 5,018,001 |
Aurizon Holdings Ltd. | 1,506,224 | 3,736,764 |
BHP Group Ltd. | 984,591 | 28,164,253 |
Harvey Norman Holdings Ltd. | 531,159 | 1,712,028 |
Rio Tinto Ltd. | 365,050 | 29,422,800 |
Wesfarmers Ltd. | 862,287 | 37,416,917 |
105,470,763 | ||
Belgium 0.1% | ||
Proximus SADP | 106,248 | 888,997 |
Canada 9.3% | ||
Bank of Nova Scotia | 396,079 | 19,217,723 |
BCE, Inc. | 224,897 | 8,350,214 |
Great-West Lifeco, Inc. | 88,750 | 2,735,098 |
Quebecor, Inc., Class B | 115,984 | 2,714,146 |
Sun Life Financial, Inc. | 192,797 | 10,245,739 |
Toronto-Dominion Bank | 491,315 | 29,518,384 |
72,781,304 | ||
China 4.0% | ||
Anhui Conch Cement Co. Ltd., H Shares | 552,264 | 1,207,689 |
China Construction Bank Corp., H Shares | 30,001,776 | 18,701,291 |
China Life Insurance Co. Ltd., H Shares | 2,251,493 | 2,775,254 |
China Shenhua Energy Co. Ltd., H Shares | 1,012,082 | 3,910,622 |
People's Insurance Co. Group of China Ltd., H Shares | 2,548,696 | 849,696 |
PICC Property & Casualty Co. Ltd., H Shares | 2,090,878 | 2,863,046 |
Tingyi Cayman Islands Holding Corp. | 659,271 | 735,162 |
31,042,760 | ||
Finland 3.0% | ||
Elisa OYJ | 112,425 | 5,068,387 |
Kesko OYJ, B Shares | 118,156 | 2,258,692 |
Kone OYJ, B Shares | 330,315 | 16,163,912 |
23,490,991 | ||
Germany 6.8% | ||
Deutsche Post AG | 639,597 | 29,699,733 |
E.ON SE | 1,839,053 | 23,503,457 |
53,203,190 | ||
India 2.6% | ||
Colgate-Palmolive India Ltd. | 48,149 | 1,467,270 |
HCL Technologies Ltd. | 318,285 | 6,386,908 |
Indian Oil Corp. Ltd. | 1,131,779 | 2,259,702 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
ITC Ltd. | 1,055,140 | 5,170,318 |
Petronet LNG Ltd. | 177,626 | 585,794 |
Power Grid Corp. of India Ltd. | 1,357,910 | 4,632,202 |
20,502,194 | ||
Israel 0.1% | ||
First International Bank Of Israel Ltd. | 16,829 | 726,103 |
Italy 4.6% | ||
Assicurazioni Generali SpA | 363,911 | 8,632,236 |
Enel SpA | 4,264,892 | 27,151,542 |
35,783,778 | ||
Japan 13.6% | ||
Daito Trust Construction Co. Ltd. | 53,617 | 6,364,041 |
Japan Tobacco, Inc. | 477,472 | 12,416,122 |
KDDI Corp. | 957,523 | 29,134,494 |
K's Holdings Corp. | 134,536 | 1,166,302 |
Nintendo Co. Ltd. | 650,259 | 36,494,793 |
Niterra Co. Ltd. | 141,251 | 4,285,567 |
Sompo Holdings, Inc. | 114,536 | 6,720,486 |
Tosoh Corp. | 724,381 | 9,868,463 |
106,450,268 | ||
Malaysia 0.4% | ||
Kuala Lumpur Kepong Bhd. | 201,220 | 949,811 |
Petronas Chemicals Group Bhd. | 1,351,427 | 1,993,465 |
2,943,276 | ||
Mexico 0.6% | ||
Arca Continental SAB de CV | 163,705 | 1,761,221 |
Coca-Cola Femsa SAB de CV | 188,548 | 1,837,919 |
Kimberly-Clark de Mexico SAB de CV, A Shares | 491,775 | 1,091,520 |
4,690,660 | ||
Netherlands 1.6% | ||
Koninklijke Ahold Delhaize NV | 422,671 | 12,587,471 |
New Zealand 0.5% | ||
Spark New Zealand Ltd. | 1,370,094 | 4,232,081 |
Norway 2.2% | ||
Gjensidige Forsikring ASA | 61,880 | 978,474 |
Telenor ASA | 471,349 | 5,167,418 |
Yara International ASA | 363,747 | 11,325,000 |
17,470,892 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Qatar 0.3% | ||
Industries Qatar QSC | 554,107 | 1,963,191 |
Republic of Korea 0.6% | ||
GS Holdings Corp. | 40,902 | 1,475,925 |
KT&G Corp. | 43,559 | 3,042,195 |
4,518,120 | ||
Russia 0.0% | ||
Severstal PAO *(a)(b) | 708 | 0 |
Saudi Arabia 1.3% | ||
Jarir Marketing Co. | 167,882 | 697,438 |
SABIC Agri-Nutrients Co. | 108,463 | 3,620,929 |
Saudi Telecom Co. | 538,105 | 6,090,861 |
10,409,228 | ||
Singapore 0.7% | ||
Singapore Exchange Ltd. | 268,029 | 1,883,738 |
Singapore Technologies Engineering Ltd. | 1,258,010 | 3,723,695 |
5,607,433 | ||
South Africa 0.1% | ||
Vodacom Group Ltd. | 205,802 | 1,008,640 |
Spain 0.7% | ||
Redeia Corp. SA | 332,095 | 5,282,838 |
Sweden 0.5% | ||
Tele2 AB, B Shares | 415,818 | 3,492,928 |
Switzerland 10.0% | ||
EMS-Chemie Holding AG | 15,126 | 10,590,175 |
Kuehne & Nagel International AG | 45,484 | 15,372,254 |
Roche Holding AG | 111,469 | 29,362,597 |
SGS SA | 124,254 | 11,966,089 |
Swisscom AG | 18,972 | 10,889,159 |
78,180,274 | ||
Taiwan 5.6% | ||
Advantech Co. Ltd. | 145,301 | 1,792,733 |
Asia Cement Corp. | 1,198,740 | 1,534,002 |
Asustek Computer, Inc. | 208,053 | 2,994,799 |
Chicony Electronics Co. Ltd. | 200,752 | 1,190,813 |
Chunghwa Telecom Co. Ltd. | 1,137,407 | 4,335,960 |
CTCI Corp. | 147,823 | 200,857 |
Formosa Plastics Corp. | 2,213,116 | 5,020,023 |
Fubon Financial Holding Co. Ltd. | 2,578,172 | 5,546,298 |
King Slide Works Co. Ltd. | 19,285 | 826,687 |
King Yuan Electronics Co. Ltd. | 337,248 | 947,425 |
Lite-On Technology Corp., ADR | 663,668 | 2,299,044 |
Nan Ya Plastics Corp. | 2,610,161 | 4,929,740 |
Quanta Computer, Inc. | 831,196 | 6,100,618 |
Radiant Opto-Electronics Corp. | 131,405 | 613,178 |
Simplo Technology Co. Ltd. | 55,436 | 747,986 |
Synnex Technology International Corp. | 378,859 | 932,480 |
Tripod Technology Corp. | 134,964 | 888,104 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Wistron Corp. | 865,816 | 3,163,661 |
44,064,408 | ||
Thailand 0.2% | ||
Bangkok Chain Hospital PCL, NVDR | 583,345 | 343,192 |
Intouch Holdings PCL NVDR | 256,539 | 484,609 |
Supalai PCL NVDR | 156,192 | 91,455 |
Tisco Financial Group PCL NVDR | 115,296 | 323,080 |
1,242,336 | ||
United Arab Emirates 0.2% | ||
Abu Dhabi Islamic Bank PJSC | 451,941 | 1,383,053 |
United Kingdom 16.3% | ||
Admiral Group PLC | 86,287 | 2,909,906 |
British American Tobacco PLC | 943,351 | 27,982,697 |
GSK PLC | 1,693,246 | 35,653,597 |
Imperial Brands PLC | 392,924 | 8,471,864 |
Schroders PLC | 301,284 | 1,498,903 |
SSE PLC | 896,903 | 18,441,908 |
St. James's Place PLC | 181,002 | 1,151,661 |
Unilever PLC | 631,970 | 30,909,208 |
127,019,744 | ||
Total Common Stocks (Cost $736,533,186) | 776,436,921 | |
PREFERRED STOCKS 0.0% OF NET ASSETS | ||
Russia 0.0% | ||
Sberbank of Russia PJSC *(a)(b) | 69,290 | 0 |
Total Preferred Stocks (Cost $260,896) | 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) | 1,791,911 | 1,791,911 |
Total Short-Term Investments (Cost $1,791,911) | 1,791,911 | |
Total Investments in Securities (Cost $738,585,993) | 778,228,832 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
MSCI EAFE Index, expires 03/15/24 | 33 | 3,775,035 | 75,734 |
MSCI Emerging Markets Index, expires 03/15/24 | 21 | 1,067,640 | 11,393 |
87,127 |
* | 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 | $776,436,921 | $— | $— | $776,436,921 |
Russia | — | — | 0 * | 0 |
Preferred Stocks | ||||
Russia | — | — | 0 * | 0 |
Short-Term Investments1 | 1,791,911 | — | — | 1,791,911 |
Futures Contracts2 | 87,127 | — | — | 87,127 |
Total | $778,315,959 | $— | $0 | $778,315,959 |
* | Level 3 amount shown includes securities determined to have no value at February 29, 2024. |
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 $738,585,993) | $778,228,832 | |
Foreign currency, at value (cost $701,588) | 694,065 | |
Deposit with broker for futures contracts | 167,792 | |
Receivables: | ||
Dividends | 2,414,837 | |
Foreign tax reclaims | 794,607 | |
Variation margin on future contracts | + | 8,267 |
Total assets | 782,308,400 | |
Liabilities | ||
Payables: | ||
Foreign capital gains tax | 811,980 | |
Management fees | + | 86,361 |
Total liabilities | 898,341 | |
Net assets | $781,410,059 | |
Net Assets by Source | ||
Capital received from investors | $784,211,171 | |
Total distributable loss | + | (2,801,112 ) |
Net assets | $781,410,059 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$781,410,059 | 32,200,000 | $24.27 | ||
For the period September 1, 2023 through February 29, 2024; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $883,109) | $9,677,805 | |
Income from non-cash dividends - unaffiliated | 623,283 | |
Interest received from securities - unaffiliated | 9,003 | |
Securities on loan, net | + | 9,791 |
Total investment income | 10,319,882 | |
Expenses | ||
Management fees | 528,168 | |
Total expenses | – | 528,168 |
Net investment income | 9,791,714 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated (net of foreign capital gains tax paid of $118,771) | (7,152,298 ) | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 2,624,362 | |
Net realized losses on futures contracts | (109,871 ) | |
Net realized losses on foreign currency transactions | + | (115,279 ) |
Net realized losses | (4,753,086 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated (net of change in foreign capital gains tax of ($477,413)) | 35,686,945 | |
Net change in unrealized appreciation (depreciation) on futures contracts | 237,779 | |
Net change in unrealized appreciation (depreciation) on foreign currency translations | + | 3,618 |
Net change in unrealized appreciation (depreciation) | + | 35,928,342 |
Net realized and unrealized gains | 31,175,256 | |
Increase in net assets resulting from operations | $40,966,970 |
OPERATIONS | |||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||
Net investment income | $9,791,714 | $29,201,590 | |
Net realized losses | (4,753,086 ) | (23,560,516 ) | |
Net change in unrealized appreciation (depreciation) | + | 35,928,342 | 65,101,920 |
Increase in net assets resulting from operations | $40,966,970 | $70,742,994 | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($22,134,280 ) | ($22,397,950 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 1,000,000 | $23,541,246 | 13,800,000 | $316,042,310 | |
Shares redeemed | + | (600,000 ) | (14,645,656 ) | (2,200,000 ) | (49,526,960 ) |
Net transactions in fund shares | 400,000 | $8,895,590 | 11,600,000 | $266,515,350 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 31,800,000 | $753,681,779 | 20,200,000 | $438,821,385 | |
Total increase | + | 400,000 | 27,728,280 | 11,600,000 | 314,860,394 |
End of period | 32,200,000 | $781,410,059 | 31,800,000 | $753,681,779 |
9/1/23– 2/29/24* | 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 | $35.28 | $31.32 | $40.05 | $32.11 | $30.82 | $33.25 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 0.32 | 1.06 | 1.16 | 0.95 | 0.77 | 1.00 |
Net realized and unrealized gains (losses) | 2.77 | 3.92 | (8.71 ) | 7.84 | 1.49 | (2.30 ) |
Total from investment operations | 3.09 | 4.98 | (7.55 ) | 8.79 | 2.26 | (1.30 ) |
Less distributions: | ||||||
Distributions from net investment income | (0.70 ) | (1.02 ) | (1.18 ) | (0.85 ) | (0.97 ) | (1.13 ) |
Net asset value at end of period | $37.67 | $35.28 | $31.32 | $40.05 | $32.11 | $30.82 |
Total return | 8.91 %2 | 16.09 % | (19.27 %) | 27.62 % | 7.37 % | (3.79 %) |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.06 %3 | 0.06 %4 | 0.06 %4 | 0.06 % | 0.06 % | 0.06 % |
Net investment income (loss) | 1.84 %3 | 3.15 % | 3.20 % | 2.59 % | 2.50 % | 3.22 % |
Portfolio turnover rate5 | 2 %2 | 6 % | 6 % | 6 % | 6 % | 8 % |
Net assets, end of period (x 1,000,000) | $35,503 | $31,752 | $26,120 | $28,338 | $19,844 | $18,139 |
* | Unaudited. |
1 | Calculated based on the average shares outstanding during the period. |
2 | Not annualized. |
3 | Annualized. |
4 | Ratio includes less than 0.005% of non-routine proxy expenses. |
5 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 98.9% OF NET ASSETS | ||
Australia 6.6% | ||
Adbri Ltd. * | 803,467 | 1,637,546 |
AGL Energy Ltd. | 1,044,009 | 5,778,357 |
ALS Ltd. | 841,538 | 6,537,254 |
Altium Ltd. | 205,875 | 8,681,437 |
Alumina Ltd. * | 4,414,115 | 3,032,336 |
Amcor PLC | 2,532,286 | 22,540,443 |
AMP Ltd. | 4,936,858 | 3,584,319 |
Ampol Ltd. | 414,460 | 10,633,103 |
Ansell Ltd. | 221,929 | 3,443,652 |
ANZ Group Holdings Ltd. | 5,242,558 | 97,119,556 |
APA Group | 2,298,316 | 11,747,909 |
Aristocrat Leisure Ltd. | 1,142,487 | 34,689,485 |
ASX Ltd. | 337,733 | 14,463,803 |
Atlas Arteria Ltd. | 2,048,844 | 7,204,168 |
Aurizon Holdings Ltd. | 3,075,638 | 7,630,296 |
Bank of Queensland Ltd. | 1,139,418 | 4,355,142 |
Beach Energy Ltd. | 3,094,068 | 3,223,525 |
Bendigo & Adelaide Bank Ltd. | 977,450 | 6,160,998 |
BHP Group Ltd. | 8,796,012 | 251,610,169 |
BlueScope Steel Ltd. | 796,258 | 11,842,164 |
Boral Ltd. * | 573,566 | 2,237,131 |
Brambles Ltd. | 2,429,792 | 23,843,144 |
CAR Group Ltd. | 627,428 | 15,018,293 |
Challenger Ltd. | 819,370 | 3,590,677 |
Charter Hall Group | 821,407 | 6,696,439 |
Cleanaway Waste Management Ltd. | 3,902,030 | 6,809,364 |
Cochlear Ltd. | 111,889 | 25,512,176 |
Coles Group Ltd. | 2,266,872 | 24,945,653 |
Commonwealth Bank of Australia | 2,955,551 | 224,031,930 |
Computershare Ltd. | 1,038,715 | 17,531,237 |
CSL Ltd. | 841,611 | 156,863,861 |
CSR Ltd. | 825,209 | 4,744,668 |
Deterra Royalties Ltd. | 743,467 | 2,401,179 |
Dexus | 1,900,023 | 9,105,795 |
Domain Holdings Australia Ltd. | 450,792 | 977,466 |
Domino's Pizza Enterprises Ltd. | 110,251 | 3,234,138 |
Downer EDI Ltd. | 1,164,252 | 3,775,353 |
Endeavour Group Ltd. | 2,405,429 | 8,614,626 |
Evolution Mining Ltd. | 3,361,254 | 6,456,610 |
Flight Centre Travel Group Ltd. | 272,014 | 3,792,181 |
Fortescue Ltd. | 2,806,536 | 47,386,464 |
Goodman Group | 3,245,770 | 63,193,164 |
GPT Group | 3,318,097 | 9,398,521 |
Harvey Norman Holdings Ltd. | 1,027,120 | 3,310,606 |
IDP Education Ltd. | 485,986 | 6,041,028 |
IGO Ltd. | 1,083,481 | 5,601,740 |
Iluka Resources Ltd. | 734,858 | 3,277,745 |
Incitec Pivot Ltd. | 3,371,197 | 5,926,920 |
Insignia Financial Ltd. | 1,108,970 | 1,711,391 |
Insurance Australia Group Ltd. | 4,280,455 | 17,280,758 |
James Hardie Industries PLC * | 768,130 | 30,385,206 |
JB Hi-Fi Ltd. | 188,111 | 7,540,393 |
Lendlease Corp. Ltd. | 1,202,397 | 5,026,481 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Liontown Resources Ltd. *(a) | 2,971,438 | 2,389,543 |
Lottery Corp. Ltd. | 3,875,080 | 12,818,156 |
Lynas Rare Earths Ltd. * | 1,624,632 | 6,178,016 |
Macquarie Group Ltd. | 639,173 | 81,079,459 |
Magellan Financial Group Ltd. | 235,416 | 1,243,191 |
Medibank Pvt Ltd. | 4,802,234 | 11,225,842 |
Metcash Ltd. | 1,726,633 | 4,171,143 |
Mineral Resources Ltd. | 297,669 | 12,926,338 |
Mirvac Group | 6,956,168 | 9,874,332 |
National Australia Bank Ltd. | 5,480,947 | 120,772,242 |
New Hope Corp. Ltd. | 928,030 | 2,840,148 |
NEXTDC Ltd. * | 897,597 | 10,315,904 |
Northern Star Resources Ltd. | 1,962,733 | 16,486,638 |
Nufarm Ltd. | 667,384 | 2,503,107 |
Orica Ltd. | 793,796 | 8,843,824 |
Origin Energy Ltd. | 2,999,207 | 17,556,879 |
Orora Ltd. | 2,274,954 | 3,969,982 |
Perpetual Ltd. | 196,598 | 3,074,916 |
Pilbara Minerals Ltd. | 5,019,196 | 13,726,652 |
Platinum Asset Management Ltd. | 943,860 | 633,032 |
Pro Medicus Ltd. | 88,567 | 5,987,343 |
Qantas Airways Ltd. * | 1,481,038 | 4,947,260 |
QBE Insurance Group Ltd. | 2,603,645 | 29,312,843 |
Qube Holdings Ltd. | 2,916,611 | 6,172,243 |
Ramsay Health Care Ltd. | 306,226 | 10,949,006 |
REA Group Ltd. | 87,370 | 11,043,111 |
Reece Ltd. | 376,321 | 6,584,265 |
Region RE Ltd. | 2,102,140 | 3,025,068 |
Rio Tinto Ltd. | 642,779 | 51,807,583 |
Santos Ltd. | 5,642,882 | 26,014,495 |
Scentre Group | 9,087,328 | 18,402,540 |
SEEK Ltd. | 609,295 | 10,406,557 |
Seven Group Holdings Ltd. | 243,536 | 6,106,859 |
Sims Ltd. | 278,172 | 2,217,053 |
Sonic Healthcare Ltd. | 779,073 | 15,142,712 |
South32 Ltd. | 7,956,382 | 15,283,359 |
Star Entertainment Group Ltd. * | 5,907,135 | 2,000,145 |
Steadfast Group Ltd. | 1,784,517 | 6,727,914 |
Stockland | 4,182,480 | 12,228,168 |
Suncorp Group Ltd. | 2,208,479 | 22,002,188 |
Tabcorp Holdings Ltd. | 3,941,024 | 1,924,649 |
Telstra Group Ltd. | 7,048,879 | 17,533,337 |
TPG Telecom Ltd. | 636,504 | 1,943,816 |
Transurban Group | 5,366,990 | 47,318,462 |
Treasury Wine Estates Ltd. | 1,395,234 | 11,220,060 |
Vicinity Ltd. | 6,594,809 | 8,330,770 |
Washington H Soul Pattinson & Co. Ltd. | 435,464 | 9,793,902 |
Wesfarmers Ltd. | 1,971,790 | 85,561,191 |
Westpac Banking Corp. | 6,092,254 | 104,529,722 |
Whitehaven Coal Ltd. | 1,224,269 | 5,516,506 |
WiseTech Global Ltd. | 280,988 | 17,286,570 |
Woodside Energy Group Ltd. | 3,295,097 | 65,140,508 |
Woolworths Group Ltd. | 2,125,078 | 45,137,760 |
Worley Ltd. | 655,132 | 7,136,839 |
Xero Ltd. * | 222,145 | 18,415,361 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Yancoal Australia Ltd. (a) | 542,343 | 2,101,223 |
2,330,058,732 | ||
Austria 0.2% | ||
ANDRITZ AG | 120,633 | 7,584,551 |
Erste Group Bank AG | 537,923 | 21,479,991 |
Eurotelesites AG * | 65,485 | 258,656 |
OMV AG | 247,687 | 10,919,729 |
Raiffeisen Bank International AG | 228,480 | 4,757,084 |
Telekom Austria AG | 262,391 | 2,084,167 |
Verbund AG | 114,791 | 8,322,815 |
voestalpine AG | 195,107 | 5,329,050 |
60,736,043 | ||
Belgium 0.8% | ||
Ackermans & van Haaren NV | 38,763 | 6,514,430 |
Ageas SA | 287,101 | 12,178,909 |
Anheuser-Busch InBev SA | 1,512,705 | 91,212,206 |
Argenx SE * | 104,008 | 38,627,948 |
D'ieteren Group | 38,987 | 7,509,784 |
Elia Group SA | 65,756 | 7,307,914 |
Groupe Bruxelles Lambert NV | 156,280 | 11,726,674 |
KBC Group NV | 428,470 | 30,092,116 |
Lotus Bakeries NV | 673 | 6,336,099 |
Sofina SA | 29,576 | 6,740,396 |
Solvay SA | 121,530 | 3,090,573 |
Syensqo SA * | 120,954 | 10,812,857 |
UCB SA | 211,059 | 24,324,341 |
Umicore SA | 356,876 | 7,449,672 |
Warehouses De Pauw CVA | 300,467 | 8,024,714 |
271,948,633 | ||
Canada 8.3% | ||
Agnico Eagle Mines Ltd. | 805,914 | 38,675,078 |
Alimentation Couche-Tard, Inc. | 1,288,707 | 79,972,329 |
Bank of Montreal | 1,274,657 | 115,441,343 |
Bank of Nova Scotia | 2,102,988 | 102,036,820 |
Barrick Gold Corp. | 3,104,463 | 45,296,069 |
BCE, Inc. | 527,154 | 19,572,732 |
Brookfield Asset Management Ltd., Class A | 473,208 | 19,296,741 |
Brookfield Corp. | 2,621,751 | 108,244,963 |
Canadian Imperial Bank of Commerce | 1,601,565 | 75,830,357 |
Canadian National Railway Co. | 1,016,666 | 131,900,111 |
Canadian Natural Resources Ltd. | 1,867,318 | 130,155,376 |
Canadian Pacific Kansas City Ltd. | 1,618,711 | 137,519,128 |
Canadian Tire Corp. Ltd., Class A | 91,396 | 9,305,701 |
Cenovus Energy, Inc. | 2,278,394 | 39,727,222 |
CGI, Inc. * | 357,713 | 41,094,732 |
Constellation Software, Inc. | 34,484 | 96,062,226 |
Dollarama, Inc. | 467,612 | 36,192,655 |
Enbridge, Inc. | 3,689,613 | 126,899,728 |
Fairfax Financial Holdings Ltd. | 37,702 | 40,265,964 |
Fortis, Inc. | 859,341 | 33,154,654 |
Franco-Nevada Corp. | 332,287 | 34,810,086 |
George Weston Ltd. | 117,661 | 15,420,370 |
Great-West Lifeco, Inc. | 472,406 | 14,558,610 |
Hydro One Ltd. | 547,811 | 16,337,195 |
IGM Financial, Inc. | 142,077 | 3,734,320 |
Imperial Oil Ltd. | 294,729 | 18,452,750 |
Intact Financial Corp. | 312,345 | 51,970,376 |
Loblaw Cos. Ltd. | 259,296 | 27,651,103 |
Magna International, Inc. | 463,953 | 25,579,242 |
Manulife Financial Corp. | 3,160,613 | 75,056,840 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Metro, Inc. | 407,580 | 22,080,568 |
National Bank of Canada | 585,573 | 45,732,848 |
Nutrien Ltd. | 872,356 | 45,561,764 |
Pembina Pipeline Corp. | 960,653 | 33,451,278 |
Power Corp. of Canada | 915,311 | 26,460,238 |
Restaurant Brands International, Inc. | 536,740 | 41,701,376 |
Royal Bank of Canada | 2,456,229 | 238,678,057 |
Saputo, Inc. | 425,034 | 8,652,036 |
Shopify, Inc., Class A * | 2,024,415 | 154,762,113 |
Sun Life Financial, Inc. | 1,022,984 | 54,364,056 |
Suncor Energy, Inc. | 2,264,740 | 77,859,569 |
TC Energy Corp. | 1,796,636 | 71,105,113 |
Teck Resources Ltd., Class B | 797,488 | 30,662,439 |
TELUS Corp. | 855,790 | 14,934,603 |
Thomson Reuters Corp. | 273,535 | 43,205,764 |
Toronto-Dominion Bank | 3,186,095 | 191,421,743 |
Tourmaline Oil Corp. | 499,225 | 22,606,554 |
Waste Connections, Inc. | 450,273 | 74,966,380 |
Wheaton Precious Metals Corp. | 777,351 | 32,054,589 |
2,940,475,909 | ||
Denmark 2.8% | ||
AP Moller - Maersk AS, Class A | 4,842 | 6,572,405 |
AP Moller - Maersk AS, Class B | 8,536 | 12,077,270 |
Carlsberg AS, Class B | 158,826 | 22,158,121 |
Coloplast AS, Class B | 216,444 | 28,769,962 |
Danske Bank AS | 1,150,023 | 33,808,002 |
Demant AS * | 171,207 | 8,577,375 |
DSV AS | 303,809 | 48,780,215 |
Genmab AS * | 113,938 | 31,923,746 |
H Lundbeck AS | 656,265 | 3,180,193 |
H Lundbeck AS, Class A | 12,737 | 55,250 |
Novo Nordisk AS, Class B | 5,468,707 | 650,770,020 |
Novozymes AS, Class B | 621,635 | 35,087,277 |
Orsted AS | 328,517 | 18,442,507 |
Pandora AS | 142,779 | 23,069,992 |
Rockwool AS, Class B | 15,032 | 4,811,864 |
Royal Unibrew AS | 86,311 | 5,608,467 |
Tryg AS | 599,166 | 12,743,031 |
Vestas Wind Systems AS * | 1,756,748 | 48,951,151 |
995,386,848 | ||
Finland 0.9% | ||
Elisa OYJ | 248,399 | 11,198,419 |
Fortum OYJ | 760,283 | 9,502,653 |
Kesko OYJ, B Shares | 470,157 | 8,987,609 |
Kone OYJ, B Shares | 568,678 | 27,828,166 |
Mandatum OYJ * | 817,791 | 3,592,547 |
Metso OYJ | 1,115,663 | 11,918,615 |
Neste OYJ | 726,593 | 19,947,997 |
Nokia OYJ | 9,019,790 | 31,815,227 |
Nordea Bank Abp | 5,949,927 | 72,371,164 |
Orion OYJ, B Shares | 182,009 | 7,169,384 |
Sampo OYJ, A Shares | 786,258 | 35,199,639 |
Stora Enso OYJ, R Shares | 1,005,270 | 12,706,126 |
UPM-Kymmene OYJ | 928,961 | 31,093,171 |
Valmet OYJ | 286,604 | 7,508,698 |
Wartsila OYJ Abp | 845,599 | 13,080,858 |
303,920,273 | ||
France 9.7% | ||
Accor SA | 321,135 | 13,931,931 |
Aeroports de Paris SA | 55,965 | 7,612,712 |
Air Liquide SA | 899,255 | 182,850,962 |
Airbus SE | 1,026,422 | 169,877,025 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
ALD SA | 330,256 | 2,022,808 |
Alstom SA (a) | 499,148 | 6,665,490 |
Amundi SA | 98,711 | 6,500,006 |
Arkema SA | 99,664 | 10,327,853 |
AXA SA | 3,099,634 | 110,288,399 |
BioMerieux | 74,889 | 8,193,261 |
BNP Paribas SA | 1,814,724 | 108,755,479 |
Bollore SE | 1,533,039 | 10,517,925 |
Bouygues SA | 366,907 | 14,520,065 |
Bureau Veritas SA | 496,069 | 14,424,387 |
Capgemini SE | 281,110 | 68,354,479 |
Carrefour SA | 932,686 | 15,674,530 |
Cie de L'Odet SE | 610 | 949,241 |
Cie de Saint-Gobain SA | 799,195 | 61,577,260 |
Cie Generale des Etablissements Michelin SCA | 1,221,024 | 45,176,326 |
Covivio SA | 90,431 | 4,063,145 |
Credit Agricole SA | 1,916,542 | 25,966,312 |
Danone SA | 1,089,160 | 69,563,031 |
Dassault Aviation SA | 39,531 | 7,824,185 |
Dassault Systemes SE | 1,168,926 | 54,627,025 |
Edenred SE | 435,624 | 21,585,895 |
Eiffage SA | 140,135 | 15,263,285 |
Engie SA | 3,052,850 | 49,012,844 |
EssilorLuxottica SA | 531,615 | 112,848,370 |
Eurazeo SE | 83,239 | 7,035,023 |
Eurofins Scientific SE | 213,050 | 12,735,700 |
Euronext NV | 141,624 | 13,065,284 |
Gecina SA | 95,554 | 9,233,959 |
Getlink SE | 615,354 | 10,514,649 |
Hermes International SCA | 59,600 | 149,179,622 |
Ipsen SA | 59,548 | 6,559,981 |
JCDecaux SE * | 127,691 | 2,639,254 |
Kering SA | 125,230 | 57,601,794 |
Klepierre SA | 360,507 | 9,160,083 |
La Francaise des Jeux SAEM | 174,833 | 7,325,653 |
Legrand SA | 449,495 | 45,480,380 |
L'Oreal SA | 403,977 | 193,095,276 |
LVMH Moet Hennessy Louis Vuitton SE | 433,384 | 395,261,951 |
Neoen SA | 118,273 | 2,964,229 |
Orange SA | 3,333,419 | 38,258,606 |
Pernod Ricard SA | 354,560 | 59,298,862 |
Pluxee NV * | 151,518 | 4,334,422 |
Publicis Groupe SA | 399,197 | 42,240,097 |
Remy Cointreau SA | 38,819 | 4,116,783 |
Renault SA | 334,020 | 13,927,049 |
Rexel SA | 414,484 | 10,630,256 |
Safran SA | 595,114 | 124,743,348 |
Sanofi SA | 1,907,096 | 181,384,273 |
Sartorius Stedim Biotech | 41,727 | 11,482,888 |
Schneider Electric SE | 935,356 | 212,358,686 |
SCOR SE | 263,450 | 8,033,907 |
SEB SA | 39,342 | 4,657,591 |
Societe Generale SA | 1,295,384 | 31,442,380 |
Sodexo SA | 151,966 | 12,119,970 |
SOITEC * | 42,997 | 6,288,424 |
STMicroelectronics NV | 1,137,957 | 51,381,858 |
Teleperformance SE | 100,720 | 12,485,284 |
Thales SA | 170,550 | 25,294,050 |
TotalEnergies SE | 3,845,267 | 245,466,656 |
Ubisoft Entertainment SA * | 176,821 | 4,056,554 |
Unibail-Rodamco-Westfield * | 178,028 | 13,019,494 |
Valeo SE | 363,821 | 4,216,624 |
Veolia Environnement SA | 1,108,863 | 34,378,754 |
Vinci SA | 863,909 | 110,689,725 |
Vivendi SE | 1,084,409 | 12,122,189 |
Wendel SE | 47,774 | 4,676,143 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Worldline SA * | 425,976 | 4,897,807 |
3,428,829,749 | ||
Germany 6.8% | ||
adidas AG | 288,206 | 58,359,402 |
Allianz SE | 696,084 | 191,216,968 |
BASF SE | 1,549,998 | 78,960,352 |
Bayer AG | 1,728,890 | 52,554,113 |
Bayerische Motoren Werke AG | 539,243 | 63,734,458 |
Bechtle AG | 142,365 | 7,342,516 |
Beiersdorf AG | 173,713 | 24,917,224 |
Brenntag SE | 232,747 | 21,252,559 |
Carl Zeiss Meditec AG, Bearer Shares | 63,822 | 7,856,144 |
Commerzbank AG | 1,815,713 | 21,014,333 |
Continental AG | 188,825 | 15,137,288 |
Covestro AG * | 331,021 | 18,018,189 |
CTS Eventim AG & Co. KGaA | 102,730 | 8,082,009 |
Daimler Truck Holding AG | 932,765 | 38,134,829 |
Delivery Hero SE * | 348,836 | 8,065,138 |
Deutsche Bank AG | 3,472,742 | 46,456,755 |
Deutsche Boerse AG | 320,994 | 67,249,627 |
Deutsche Lufthansa AG * | 1,044,277 | 8,122,905 |
Deutsche Post AG | 1,735,463 | 80,586,350 |
Deutsche Telekom AG | 5,905,760 | 140,504,383 |
Deutsche Wohnen SE | 85,821 | 1,771,054 |
DWS Group GmbH & Co. KGaA | 59,732 | 2,449,818 |
E.ON SE | 3,866,832 | 49,418,870 |
Evonik Industries AG | 356,523 | 6,581,944 |
Fielmann Group AG | 42,072 | 1,993,226 |
Fraport AG Frankfurt Airport Services Worldwide * | 61,650 | 3,429,129 |
Fresenius Medical Care AG | 354,747 | 13,582,014 |
Fresenius SE & Co. KGaA | 717,534 | 20,095,294 |
FUCHS SE | 51,166 | 1,785,660 |
GEA Group AG | 300,269 | 12,110,372 |
Hannover Rueck SE | 104,552 | 26,848,356 |
Heidelberg Materials AG | 243,679 | 23,653,649 |
Hella GmbH & Co. KGaA | 38,626 | 3,414,990 |
HelloFresh SE * | 282,973 | 3,922,670 |
Henkel AG & Co. KGaA | 178,491 | 12,052,816 |
HOCHTIEF AG | 36,889 | 4,375,171 |
Infineon Technologies AG | 2,295,465 | 82,209,247 |
KION Group AG | 125,816 | 6,347,398 |
Knorr-Bremse AG | 114,849 | 8,038,682 |
LEG Immobilien SE * | 129,186 | 9,509,106 |
Mercedes-Benz Group AG | 1,508,018 | 120,173,280 |
Merck KGaA | 224,943 | 38,412,015 |
MTU Aero Engines AG | 93,603 | 22,517,327 |
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 238,803 | 111,224,292 |
Nemetschek SE | 94,989 | 9,064,232 |
Puma SE | 174,079 | 8,000,484 |
Qiagen NV * | 370,033 | 15,871,096 |
Rational AG | 8,016 | 6,592,633 |
Rheinmetall AG | 75,716 | 34,740,905 |
RTL Group SA | 67,797 | 2,504,734 |
RWE AG | 1,245,335 | 41,776,831 |
SAP SE | 1,915,400 | 358,337,159 |
Sartorius AG | 4,640 | 1,385,845 |
Scout24 SE | 129,586 | 9,423,559 |
Siemens AG | 1,305,417 | 258,431,559 |
Siemens Energy AG * | 943,504 | 14,503,493 |
Siemens Healthineers AG * | 482,662 | 28,988,364 |
Sixt SE | 26,526 | 2,487,299 |
Symrise AG | 227,246 | 23,253,660 |
Talanx AG | 93,224 | 6,658,237 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
thyssenkrupp AG | 859,099 | 4,390,852 |
Traton SE | 85,476 | 2,264,348 |
Volkswagen AG | 53,732 | 8,445,722 |
Vonovia SE | 1,217,243 | 33,984,791 |
Wacker Chemie AG | 26,037 | 2,847,180 |
Zalando SE * | 380,985 | 8,047,765 |
2,425,482,670 | ||
Hong Kong 1.9% | ||
AAC Technologies Holdings, Inc. | 1,181,324 | 2,936,410 |
AIA Group Ltd. | 20,076,471 | 163,098,247 |
ASMPT Ltd. | 539,287 | 6,609,517 |
Bank of East Asia Ltd. | 1,696,837 | 2,121,913 |
BOC Aviation Ltd. | 360,838 | 2,659,456 |
BOC Hong Kong Holdings Ltd. | 6,271,536 | 16,542,410 |
Brightoil Petroleum Holdings Ltd. *(b) | 2,936,732 | 0 |
Budweiser Brewing Co. APAC Ltd. (a) | 2,936,546 | 4,756,208 |
Cafe de Coral Holdings Ltd. | 563,190 | 597,087 |
Cathay Pacific Airways Ltd. *(a) | 1,728,088 | 1,871,830 |
Champion REIT | 3,386,215 | 687,728 |
China Travel International Investment Hong Kong Ltd. | 4,147,477 | 709,894 |
Chow Tai Fook Jewellery Group Ltd. | 3,059,019 | 4,579,463 |
CK Asset Holdings Ltd. | 3,388,308 | 15,645,736 |
CK Hutchison Holdings Ltd. | 4,628,013 | 23,498,303 |
CK Infrastructure Holdings Ltd. | 1,031,422 | 6,066,956 |
CLP Holdings Ltd. | 2,859,836 | 23,835,620 |
Dah Sing Banking Group Ltd. | 588,956 | 373,138 |
Dah Sing Financial Holdings Ltd. | 236,622 | 493,869 |
DFI Retail Group Holdings Ltd. | 549,202 | 1,158,816 |
ESR Group Ltd. | 4,916,431 | 6,568,806 |
First Pacific Co. Ltd. | 3,851,855 | 1,554,754 |
FIT Hon Teng Ltd. * | 1,956,837 | 257,452 |
Galaxy Entertainment Group Ltd. | 3,762,579 | 20,545,965 |
Guotai Junan International Holdings Ltd. | 5,180,998 | 363,983 |
Hang Lung Group Ltd. | 1,536,004 | 1,787,374 |
Hang Lung Properties Ltd. | 3,144,778 | 3,398,327 |
Hang Seng Bank Ltd. | 1,258,199 | 14,367,846 |
Henderson Land Development Co. Ltd. | 2,279,082 | 6,579,202 |
Hong Kong & China Gas Co. Ltd. | 18,986,637 | 14,696,891 |
Hong Kong Exchanges & Clearing Ltd. | 2,211,669 | 68,592,023 |
Hongkong Land Holdings Ltd. | 1,923,775 | 6,502,360 |
Huabao International Holdings Ltd. (a) | 1,659,171 | 491,682 |
Hutchison Telecommunications Hong Kong Holdings Ltd. | 2,506,006 | 339,307 |
HUTCHMED China Ltd. * | 863,164 | 2,668,170 |
Hysan Development Co. Ltd. | 1,078,340 | 1,765,829 |
Jardine Matheson Holdings Ltd. | 342,432 | 14,351,325 |
Johnson Electric Holdings Ltd. | 615,285 | 839,368 |
Kerry Logistics Network Ltd. | 499,534 | 561,504 |
Kerry Properties Ltd. | 1,046,460 | 1,724,317 |
Lenovo Group Ltd. | 13,117,744 | 14,527,238 |
Link REIT | 4,448,074 | 22,130,145 |
L'Occitane International SA | 705,793 | 2,668,541 |
Man Wah Holdings Ltd. | 2,652,114 | 1,724,308 |
Melco International Development Ltd. * | 1,340,758 | 878,562 |
MGM China Holdings Ltd. * | 1,289,523 | 2,085,296 |
MMG Ltd. * | 4,273,750 | 1,146,392 |
MTR Corp. Ltd. | 2,548,122 | 8,462,494 |
NagaCorp Ltd. * | 2,474,512 | 1,131,560 |
New World Development Co. Ltd. (a) | 2,462,329 | 3,104,331 |
Nexteer Automotive Group Ltd. | 1,427,201 | 659,931 |
NWS Holdings Ltd. (a) | 1,598,272 | 1,878,206 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Orient Overseas International Ltd. | 228,616 | 3,553,874 |
PCCW Ltd. | 7,328,299 | 3,650,670 |
Power Assets Holdings Ltd. | 2,382,952 | 14,336,430 |
PRADA SpA | 894,798 | 6,320,551 |
Samsonite International SA * | 2,452,219 | 8,566,854 |
Sands China Ltd. * | 4,192,083 | 11,940,968 |
Shangri-La Asia Ltd. * | 1,934,249 | 1,257,578 |
Sino Land Co. Ltd. | 5,853,927 | 6,318,425 |
SITC International Holdings Co. Ltd. | 2,245,560 | 3,694,412 |
SJM Holdings Ltd. * | 4,086,645 | 1,247,584 |
Sun Hung Kai Properties Ltd. | 2,530,562 | 25,519,603 |
Super Hi International Holding Ltd. * | 285,273 | 365,118 |
Swire Pacific Ltd., A Shares | 757,068 | 6,276,021 |
Swire Pacific Ltd., B Shares | 1,438,647 | 1,874,387 |
Swire Properties Ltd. | 1,795,918 | 3,707,086 |
Techtronic Industries Co. Ltd. | 2,291,832 | 24,810,030 |
United Energy Group Ltd. (a) | 13,108,466 | 803,707 |
Vitasoy International Holdings Ltd. | 1,402,988 | 1,279,549 |
VTech Holdings Ltd. | 287,893 | 1,664,005 |
WH Group Ltd. | 13,626,302 | 8,215,326 |
Wharf Holdings Ltd. | 1,664,182 | 6,153,953 |
Wharf Real Estate Investment Co. Ltd. | 2,691,908 | 8,991,594 |
Wynn Macau Ltd. * | 2,578,462 | 2,177,043 |
Xinyi Glass Holdings Ltd. | 3,693,573 | 3,774,344 |
Yue Yuen Industrial Holdings Ltd. | 1,274,250 | 1,336,296 |
664,431,498 | ||
Ireland 0.2% | ||
AIB Group PLC | 2,499,534 | 11,593,080 |
Bank of Ireland Group PLC | 1,849,337 | 16,118,154 |
Glanbia PLC | 310,520 | 5,625,131 |
Kerry Group PLC, Class A | 267,547 | 23,492,146 |
Kingspan Group PLC | 263,629 | 23,815,693 |
80,644,204 | ||
Israel 0.5% | ||
Airport City Ltd. * | 126,571 | 2,133,733 |
Amot Investments Ltd. | 379,934 | 1,941,370 |
Azrieli Group Ltd. | 63,300 | 4,586,751 |
Bank Hapoalim BM | 2,336,905 | 22,364,042 |
Bank Leumi Le-Israel BM | 2,659,883 | 22,282,366 |
Bezeq The Israeli Telecommunication Corp. Ltd. | 3,506,979 | 4,735,738 |
Big Shopping Centers Ltd. * | 23,094 | 2,554,074 |
Delek Group Ltd. | 13,371 | 1,802,592 |
Elbit Systems Ltd. | 42,331 | 9,410,576 |
Electra Ltd. | 2,988 | 1,296,730 |
Energix-Renewable Energies Ltd. | 459,130 | 1,721,288 |
Enlight Renewable Energy Ltd. * | 202,025 | 3,491,151 |
Fattal Holdings 1998 Ltd. * | 11,760 | 1,606,809 |
First International Bank Of Israel Ltd. | 88,193 | 3,805,169 |
Gav-Yam Lands Corp. Ltd. | 74,274 | 587,478 |
Harel Insurance Investments & Financial Services Ltd. * | 201,329 | 2,001,114 |
ICL Group Ltd. | 1,267,805 | 6,705,352 |
Israel Corp. Ltd. * | 6,006 | 1,575,490 |
Israel Discount Bank Ltd., A Shares | 2,169,252 | 11,309,067 |
Melisron Ltd. | 41,292 | 3,189,737 |
Mivne Real Estate KD Ltd. | 1,040,683 | 2,792,560 |
Mizrahi Tefahot Bank Ltd. | 240,670 | 9,521,411 |
Nice Ltd. * | 111,252 | 27,308,385 |
Nova Ltd. * | 49,790 | 8,475,843 |
OPC Energy Ltd. * | 146,960 | 1,029,905 |
Phoenix Holdings Ltd. | 284,572 | 3,069,929 |
Shapir Engineering & Industry Ltd. | 265,866 | 1,615,324 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Strauss Group Ltd. * | 83,204 | 1,649,590 |
Teva Pharmaceutical Industries Ltd. * | 1,945,023 | 25,589,828 |
Tower Semiconductor Ltd. * | 192,172 | 6,322,155 |
196,475,557 | ||
Italy 2.3% | ||
A2A SpA | 2,608,698 | 4,742,646 |
Amplifon SpA | 224,195 | 7,494,306 |
Assicurazioni Generali SpA | 2,171,653 | 51,513,207 |
Banca Mediolanum SpA | 389,326 | 4,193,712 |
Banco BPM SpA | 2,380,772 | 13,845,323 |
Buzzi SpA | 147,974 | 5,002,465 |
Davide Campari-Milano NV | 943,254 | 9,566,400 |
DiaSorin SpA | 37,459 | 3,785,277 |
Enel SpA | 13,546,252 | 86,239,377 |
Eni SpA | 3,777,445 | 58,242,454 |
Ferrari NV | 208,168 | 87,832,413 |
FinecoBank Banca Fineco SpA | 1,070,484 | 14,804,667 |
Hera SpA | 1,369,103 | 4,735,115 |
Infrastrutture Wireless Italiane SpA | 620,989 | 6,877,956 |
Interpump Group SpA | 137,173 | 6,510,658 |
Intesa Sanpaolo SpA | 27,179,133 | 86,412,188 |
Italgas SpA | 855,805 | 4,672,223 |
Leonardo SpA | 696,165 | 14,882,532 |
Mediobanca Banca di Credito Finanziario SpA | 1,162,025 | 15,838,033 |
Moncler SpA | 356,354 | 25,706,003 |
Nexi SpA * | 1,438,170 | 10,542,486 |
Pirelli & C SpA | 865,203 | 5,102,725 |
Poste Italiane SpA | 805,688 | 9,451,131 |
Prysmian SpA | 476,758 | 23,758,293 |
Recordati Industria Chimica e Farmaceutica SpA | 169,419 | 9,489,514 |
Reply SpA | 38,650 | 5,361,979 |
Snam SpA | 3,941,886 | 18,432,147 |
Stellantis NV | 3,725,454 | 97,300,286 |
Telecom Italia SpA * | 18,333,867 | 5,517,504 |
Tenaris SA | 812,577 | 14,438,607 |
Terna - Rete Elettrica Nazionale | 2,471,589 | 19,375,026 |
UniCredit SpA | 3,038,159 | 101,624,194 |
UnipolSai Assicurazioni SpA | 746,778 | 2,151,232 |
835,442,079 | ||
Japan 22.4% | ||
ABC-Mart, Inc. | 133,749 | 2,292,597 |
Acom Co. Ltd. | 677,864 | 1,686,168 |
Activia Properties, Inc. | 1,128 | 2,935,498 |
Advance Residence Investment Corp. | 2,332 | 4,767,769 |
Advantest Corp. | 1,282,852 | 59,227,015 |
Aeon Co. Ltd. | 1,240,340 | 29,626,615 |
AEON Financial Service Co. Ltd. | 198,538 | 1,733,079 |
Aeon Mall Co. Ltd. (a) | 205,486 | 2,401,250 |
AEON REIT Investment Corp. | 2,770 | 2,433,721 |
AGC, Inc. | 313,887 | 11,226,279 |
Aica Kogyo Co. Ltd. | 93,537 | 2,222,340 |
Ain Holdings, Inc. | 46,692 | 1,478,096 |
Air Water, Inc. | 316,840 | 4,573,614 |
Aisin Corp. | 301,763 | 11,385,419 |
Ajinomoto Co., Inc. | 896,964 | 32,979,173 |
Alfresa Holdings Corp. | 284,277 | 4,247,915 |
Alps Alpine Co. Ltd. | 343,050 | 2,521,247 |
Amada Co. Ltd. | 546,053 | 6,065,431 |
Amano Corp. | 117,155 | 2,866,450 |
Amvis Holdings, Inc. | 74,923 | 1,249,968 |
ANA Holdings, Inc. * | 272,921 | 5,951,855 |
Anritsu Corp. | 223,480 | 1,921,686 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Aozora Bank Ltd. (a) | 207,014 | 3,801,550 |
Ariake Japan Co. Ltd. | 32,448 | 1,144,688 |
As One Corp. | 40,800 | 1,422,425 |
Asahi Group Holdings Ltd. | 843,568 | 28,930,544 |
Asahi Intecc Co. Ltd. | 341,485 | 7,098,015 |
Asahi Kasei Corp. | 2,146,467 | 14,936,496 |
Asics Corp. | 296,590 | 12,618,996 |
ASKUL Corp. | 70,182 | 986,590 |
Astellas Pharma, Inc. | 3,126,868 | 34,502,723 |
Azbil Corp. | 220,902 | 6,480,796 |
AZ-COM MARUWA Holdings, Inc. | 68,017 | 672,581 |
Bandai Namco Holdings, Inc. | 1,015,681 | 19,632,292 |
BayCurrent Consulting, Inc. | 235,855 | 5,285,346 |
Benefit One, Inc. (a) | 103,163 | 1,494,681 |
Benesse Holdings, Inc. | 124,814 | 2,161,958 |
Bic Camera, Inc. | 252,857 | 2,174,297 |
BIPROGY, Inc. | 111,410 | 3,449,415 |
Bridgestone Corp. | 981,171 | 42,257,154 |
Brother Industries Ltd. | 404,968 | 6,790,053 |
Calbee, Inc. | 124,366 | 2,663,977 |
Canon Marketing Japan, Inc. | 80,687 | 2,401,149 |
Canon, Inc. | 1,635,715 | 47,835,402 |
Capcom Co. Ltd. | 308,791 | 12,438,705 |
Casio Computer Co. Ltd. | 364,980 | 2,942,128 |
Central Japan Railway Co. | 1,582,310 | 39,845,837 |
Chiba Bank Ltd. | 1,042,053 | 8,480,127 |
Chubu Electric Power Co., Inc. | 1,215,458 | 15,157,696 |
Chugai Pharmaceutical Co. Ltd. | 1,135,813 | 45,532,692 |
Chugin Financial Group, Inc. | 292,394 | 2,306,214 |
Chugoku Electric Power Co., Inc. | 526,288 | 3,553,244 |
Coca-Cola Bottlers Japan Holdings, Inc. | 245,240 | 3,248,402 |
COMSYS Holdings Corp. | 189,686 | 4,189,897 |
Concordia Financial Group Ltd. | 1,892,198 | 9,582,990 |
Cosmo Energy Holdings Co. Ltd. | 142,022 | 6,326,322 |
Cosmos Pharmaceutical Corp. | 30,233 | 2,955,227 |
Credit Saison Co. Ltd. | 280,234 | 5,452,271 |
CyberAgent, Inc. | 723,904 | 5,080,919 |
Dai Nippon Printing Co. Ltd. | 435,715 | 12,713,085 |
Daicel Corp. | 433,854 | 4,101,713 |
Daido Steel Co. Ltd. | 291,430 | 3,445,483 |
Daifuku Co. Ltd. | 503,229 | 11,922,563 |
Dai-ichi Life Holdings, Inc. | 1,638,014 | 37,297,733 |
Daiichi Sankyo Co. Ltd. | 3,298,324 | 109,613,574 |
Daiichikosho Co. Ltd. | 135,366 | 1,750,976 |
Daikin Industries Ltd. | 462,033 | 65,367,467 |
Daio Paper Corp. | 146,625 | 1,087,417 |
Daito Trust Construction Co. Ltd. | 112,423 | 13,343,987 |
Daiwa House Industry Co. Ltd. | 1,122,776 | 32,482,262 |
Daiwa House REIT Investment Corp. | 3,783 | 6,177,358 |
Daiwa Office Investment Corp. | 401 | 1,561,990 |
Daiwa Securities Group, Inc. | 2,484,642 | 18,294,084 |
Daiwa Securities Living Investments Corp. | 3,586 | 2,415,105 |
DeNA Co. Ltd. | 151,207 | 1,480,044 |
Denka Co. Ltd. | 148,477 | 2,436,424 |
Denso Corp. | 3,570,712 | 65,702,819 |
Dentsu Group, Inc. | 353,433 | 9,795,150 |
Dentsu Soken, Inc. | 38,607 | 1,382,599 |
Descente Ltd. | 66,949 | 1,507,437 |
DIC Corp. | 144,715 | 2,791,423 |
Disco Corp. | 145,449 | 46,898,969 |
DMG Mori Co. Ltd. | 178,284 | 4,120,294 |
Dowa Holdings Co. Ltd. | 80,666 | 2,818,217 |
East Japan Railway Co. | 628,524 | 37,227,669 |
Ebara Corp. | 158,227 | 13,336,230 |
Eisai Co. Ltd. | 459,360 | 19,194,477 |
Electric Power Development Co. Ltd. | 288,894 | 4,752,168 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
ENEOS Holdings, Inc. | 4,907,128 | 21,189,796 |
EXEO Group, Inc. | 164,826 | 3,466,775 |
Ezaki Glico Co. Ltd. | 87,135 | 2,601,184 |
Fancl Corp. | 116,784 | 1,617,123 |
FANUC Corp. | 1,663,208 | 48,583,854 |
Fast Retailing Co. Ltd. | 268,329 | 77,556,708 |
Food & Life Cos. Ltd. | 179,336 | 3,554,488 |
FP Corp. | 77,752 | 1,427,298 |
Frontier Real Estate Investment Corp. | 820 | 2,353,110 |
Fuji Electric Co. Ltd. | 217,505 | 13,224,397 |
Fuji Kyuko Co. Ltd. | 60,607 | 1,613,676 |
Fuji Media Holdings, Inc. | 82,225 | 984,755 |
Fuji Oil Holdings, Inc. | 80,801 | 1,351,542 |
FUJIFILM Holdings Corp. | 618,388 | 39,345,954 |
Fujikura Ltd. | 459,656 | 5,614,025 |
Fujitsu General Ltd. | 98,480 | 1,272,206 |
Fujitsu Ltd. | 309,612 | 48,374,936 |
Fukuoka Financial Group, Inc. | 280,625 | 7,282,338 |
Furukawa Electric Co. Ltd. | 107,903 | 2,137,225 |
Fuyo General Lease Co. Ltd. | 32,688 | 2,986,627 |
GLP J-Reit | 7,911 | 6,284,612 |
GMO internet group, Inc. | 97,290 | 1,757,356 |
GMO Payment Gateway, Inc. | 70,485 | 4,749,390 |
Goldwin, Inc. | 61,401 | 3,560,085 |
GS Yuasa Corp. | 134,674 | 2,532,955 |
GungHo Online Entertainment, Inc. | 56,004 | 813,100 |
Hachijuni Bank Ltd. | 785,666 | 4,815,203 |
Hakuhodo DY Holdings, Inc. | 406,460 | 3,778,908 |
Hamamatsu Photonics KK | 221,386 | 7,946,052 |
Hankyu Hanshin Holdings, Inc. | 376,456 | 10,858,292 |
Harmonic Drive Systems, Inc. | 82,396 | 2,155,277 |
Haseko Corp. | 451,886 | 5,599,135 |
Heiwa Corp. | 94,069 | 1,299,129 |
Hikari Tsushin, Inc. | 37,863 | 6,848,075 |
Hino Motors Ltd. * | 466,865 | 1,553,409 |
Hirogin Holdings, Inc. | 505,043 | 3,605,522 |
Hirose Electric Co. Ltd. | 54,563 | 5,801,898 |
Hisamitsu Pharmaceutical Co., Inc. | 118,460 | 3,066,173 |
Hitachi Construction Machinery Co. Ltd. | 183,597 | 5,304,159 |
Hitachi Ltd. | 1,547,808 | 130,974,733 |
Honda Motor Co. Ltd. | 8,464,619 | 100,781,393 |
Horiba Ltd. | 67,936 | 6,629,286 |
Hoshizaki Corp. | 195,950 | 6,684,845 |
House Foods Group, Inc. | 123,619 | 2,595,941 |
Hoya Corp. | 600,341 | 78,156,240 |
Hulic Co. Ltd. | 716,669 | 7,148,973 |
Ibiden Co. Ltd. | 187,944 | 8,665,742 |
Idemitsu Kosan Co. Ltd. | 1,973,045 | 12,497,138 |
IHI Corp. | 222,032 | 4,889,540 |
Iida Group Holdings Co. Ltd. | 243,231 | 3,138,910 |
Industrial & Infrastructure Fund Investment Corp. | 3,358 | 2,826,939 |
INFRONEER Holdings, Inc. | 377,846 | 3,876,412 |
Inpex Corp. | 1,631,400 | 21,919,860 |
Internet Initiative Japan, Inc. | 187,530 | 3,480,087 |
Invincible Investment Corp. | 11,401 | 4,684,716 |
Isetan Mitsukoshi Holdings Ltd. | 607,733 | 8,583,868 |
Isuzu Motors Ltd. | 895,693 | 12,758,853 |
Ito En Ltd. | 97,712 | 2,725,647 |
ITOCHU Corp. | 2,310,316 | 100,581,406 |
Itoham Yonekyu Holdings, Inc. | 39,371 | 1,081,144 |
Iwatani Corp. | 87,915 | 4,373,135 |
Iyogin Holdings, Inc. | 449,938 | 3,375,963 |
Izumi Co. Ltd. | 70,028 | 1,622,149 |
J Front Retailing Co. Ltd. | 432,932 | 4,296,923 |
Japan Airlines Co. Ltd. | 253,648 | 4,738,423 |
Japan Airport Terminal Co. Ltd. | 116,603 | 4,591,823 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Japan Aviation Electronics Industry Ltd. | 73,963 | 1,307,584 |
Japan Exchange Group, Inc. | 913,008 | 23,875,949 |
Japan Hotel REIT Investment Corp. | 8,016 | 3,888,298 |
Japan Logistics Fund, Inc. | 1,462 | 2,499,671 |
Japan Metropolitan Fund Invest | 11,687 | 6,894,916 |
Japan Post Bank Co. Ltd. | 2,538,383 | 27,093,384 |
Japan Post Holdings Co. Ltd. | 3,480,403 | 33,636,687 |
Japan Post Insurance Co. Ltd. | 331,536 | 6,118,143 |
Japan Prime Realty Investment Corp. | 1,476 | 3,239,567 |
Japan Real Estate Investment Corp. | 2,339 | 8,438,966 |
Japan Steel Works Ltd. | 107,343 | 1,956,157 |
Japan Tobacco, Inc. | 2,057,427 | 53,501,075 |
JCR Pharmaceuticals Co. Ltd. | 95,932 | 576,861 |
Jeol Ltd. | 71,078 | 3,151,899 |
JFE Holdings, Inc. | 1,031,208 | 16,914,650 |
JGC Holdings Corp. | 366,892 | 3,339,950 |
JMDC, Inc. | 30,544 | 755,896 |
JSR Corp. | 304,515 | 8,183,065 |
JTEKT Corp. | 396,750 | 3,695,260 |
Justsystems Corp. | 60,470 | 1,081,567 |
Kadokawa Corp. | 159,883 | 3,050,884 |
Kagome Co. Ltd. | 135,460 | 3,115,209 |
Kajima Corp. | 744,240 | 13,811,229 |
Kakaku.com, Inc. | 221,343 | 2,539,965 |
Kamigumi Co. Ltd. | 157,794 | 3,696,304 |
Kandenko Co. Ltd. | 174,860 | 1,996,631 |
Kaneka Corp. | 101,839 | 2,448,845 |
Kansai Electric Power Co., Inc. | 1,265,166 | 16,234,057 |
Kansai Paint Co. Ltd. | 323,993 | 4,697,433 |
Kao Corp. | 790,566 | 30,086,617 |
Katitas Co. Ltd. | 83,616 | 1,124,042 |
Kawasaki Heavy Industries Ltd. | 254,797 | 7,035,986 |
Kawasaki Kisen Kaisha Ltd. | 375,237 | 17,933,255 |
KDDI Corp. | 2,713,969 | 82,577,770 |
KDX Realty Investment Corp. | 6,591 | 6,601,128 |
Keihan Holdings Co. Ltd. | 170,865 | 3,954,542 |
Keikyu Corp. | 435,878 | 3,874,762 |
Keio Corp. | 199,941 | 5,614,699 |
Keisei Electric Railway Co. Ltd. | 240,050 | 11,219,014 |
Kewpie Corp. | 181,337 | 3,380,911 |
Keyence Corp. | 340,703 | 159,436,347 |
Kikkoman Corp. | 316,723 | 20,740,310 |
Kinden Corp. | 207,194 | 3,533,525 |
Kintetsu Group Holdings Co. Ltd. | 312,130 | 9,605,604 |
Kirin Holdings Co. Ltd. | 1,290,526 | 17,973,551 |
Kobayashi Pharmaceutical Co. Ltd. | 103,860 | 4,149,681 |
Kobe Bussan Co. Ltd. | 244,868 | 6,593,292 |
Kobe Steel Ltd. | 575,383 | 7,884,750 |
Koei Tecmo Holdings Co. Ltd. | 256,689 | 3,211,399 |
Koito Manufacturing Co. Ltd. | 395,432 | 5,005,318 |
Kokuyo Co. Ltd. | 136,781 | 2,164,077 |
Komatsu Ltd. | 1,597,843 | 46,396,911 |
Konami Group Corp. | 165,020 | 11,113,794 |
Konica Minolta, Inc. * | 786,781 | 2,596,319 |
Kose Corp. | 59,735 | 3,336,970 |
Kotobuki Spirits Co. Ltd. | 161,320 | 2,155,676 |
K's Holdings Corp. | 257,272 | 2,230,309 |
Kubota Corp. | 1,867,758 | 27,379,308 |
Kuraray Co. Ltd. | 586,770 | 5,931,603 |
Kurita Water Industries Ltd. | 190,691 | 7,757,851 |
Kusuri No. Aoki Holdings Co. Ltd. | 82,941 | 1,738,951 |
Kyocera Corp. | 2,096,160 | 30,874,489 |
Kyoto Financial Group, Inc. | 493,788 | 8,629,001 |
Kyowa Kirin Co. Ltd. | 431,648 | 8,569,800 |
Kyudenko Corp. | 68,459 | 2,662,981 |
Kyushu Electric Power Co., Inc. * | 813,380 | 6,649,098 |
Kyushu Financial Group, Inc. | 652,256 | 4,911,422 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Kyushu Railway Co. | 277,942 | 6,393,762 |
LaSalle Logiport REIT | 3,817 | 3,593,341 |
Lasertec Corp. | 133,423 | 35,613,342 |
Lawson, Inc. | 85,161 | 5,835,011 |
Lion Corp. | 431,233 | 3,806,099 |
Lixil Corp. | 449,954 | 5,772,110 |
LY Corp. | 4,541,591 | 12,529,050 |
M3, Inc. | 737,875 | 10,582,272 |
Mabuchi Motor Co. Ltd. | 174,474 | 3,187,091 |
Macnica Holdings, Inc. | 77,040 | 4,250,660 |
Makita Corp. | 425,236 | 11,100,401 |
Mani, Inc. | 106,509 | 1,451,360 |
Marubeni Corp. | 2,662,339 | 43,972,085 |
Marui Group Co. Ltd. | 318,308 | 5,186,036 |
Maruichi Steel Tube Ltd. | 105,227 | 2,755,995 |
Matsui Securities Co. Ltd. | 159,526 | 907,040 |
MatsukiyoCocokara & Co. | 631,749 | 10,472,167 |
Mazda Motor Corp. | 992,997 | 11,663,585 |
McDonald's Holdings Co. Japan Ltd. | 143,800 | 6,696,639 |
Mebuki Financial Group, Inc. | 1,730,022 | 5,407,258 |
Medipal Holdings Corp. | 254,110 | 3,846,370 |
MEIJI Holdings Co. Ltd. | 449,970 | 10,152,660 |
Menicon Co. Ltd. | 89,047 | 1,055,749 |
Mercari, Inc. * | 198,802 | 2,711,661 |
MINEBEA MITSUMI, Inc. | 717,828 | 14,843,841 |
MISUMI Group, Inc. | 480,856 | 7,344,403 |
Mitsubishi Chemical Group Corp. | 2,213,788 | 12,698,183 |
Mitsubishi Corp. | 5,913,762 | 126,635,981 |
Mitsubishi Electric Corp. | 3,388,702 | 53,919,916 |
Mitsubishi Estate Co. Ltd. | 1,923,214 | 29,560,726 |
Mitsubishi Gas Chemical Co., Inc. | 310,113 | 5,055,627 |
Mitsubishi HC Capital, Inc. | 1,391,130 | 9,601,372 |
Mitsubishi Heavy Industries Ltd. | 498,218 | 39,362,784 |
Mitsubishi Logistics Corp. | 106,526 | 3,270,441 |
Mitsubishi Materials Corp. | 213,605 | 3,737,053 |
Mitsubishi Motors Corp. | 1,092,819 | 3,371,843 |
Mitsubishi UFJ Financial Group, Inc. | 20,282,659 | 208,965,459 |
Mitsui & Co. Ltd. | 2,598,644 | 113,776,402 |
Mitsui Chemicals, Inc. | 296,568 | 8,219,176 |
Mitsui Fudosan Co. Ltd. | 1,583,447 | 42,963,709 |
Mitsui Fudosan Logistics Park, Inc. | 878 | 2,490,218 |
Mitsui High-Tec, Inc. | 39,719 | 2,226,249 |
Mitsui Mining & Smelting Co. Ltd. | 95,969 | 2,828,992 |
Mitsui OSK Lines Ltd. | 581,846 | 19,950,783 |
Miura Co. Ltd. | 170,993 | 3,644,469 |
Mizuho Financial Group, Inc. | 4,419,460 | 82,708,007 |
Money Forward, Inc. * | 77,372 | 3,417,044 |
MonotaRO Co. Ltd. | 406,317 | 3,888,883 |
Mori Hills REIT Investment Corp. | 2,647 | 2,318,579 |
Morinaga & Co. Ltd. | 128,642 | 2,311,637 |
Morinaga Milk Industry Co. Ltd. | 127,306 | 2,643,596 |
MS&AD Insurance Group Holdings, Inc. | 786,255 | 38,926,636 |
Murata Manufacturing Co. Ltd. | 2,931,557 | 59,210,909 |
Nabtesco Corp. | 195,486 | 3,244,386 |
Nagase & Co. Ltd. | 182,517 | 3,038,901 |
Nagoya Railroad Co. Ltd. | 339,675 | 4,853,311 |
Nankai Electric Railway Co. Ltd. | 186,599 | 3,646,703 |
NEC Corp. | 446,661 | 30,111,642 |
NEC Networks & System Integration Corp. | 112,850 | 1,846,527 |
NET One Systems Co. Ltd. | 142,604 | 2,477,253 |
Nexon Co. Ltd. | 684,946 | 11,102,285 |
NGK Insulators Ltd. | 440,999 | 5,757,413 |
NH Foods Ltd. | 169,367 | 5,936,389 |
NHK Spring Co. Ltd. | 276,591 | 2,657,432 |
Nichirei Corp. | 179,402 | 4,503,329 |
NIDEC Corp. | 914,709 | 34,719,462 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Nifco, Inc. | 144,135 | 3,473,608 |
Nihon Kohden Corp. | 130,111 | 3,602,459 |
Nihon M&A Center Holdings, Inc. | 450,220 | 3,017,109 |
Nikon Corp. | 528,920 | 5,231,951 |
Nintendo Co. Ltd. | 1,825,897 | 102,475,679 |
Nippon Accommodations Fund, Inc. | 744 | 2,823,492 |
Nippon Building Fund, Inc. | 2,527 | 9,741,959 |
Nippon Electric Glass Co. Ltd. | 136,146 | 3,289,263 |
NIPPON EXPRESS HOLDINGS, Inc. | 117,628 | 6,223,666 |
Nippon Kayaku Co. Ltd. | 291,773 | 2,511,856 |
Nippon Paint Holdings Co. Ltd. | 1,765,919 | 13,102,513 |
Nippon Prologis REIT, Inc. | 4,243 | 7,104,268 |
Nippon Sanso Holdings Corp. | 312,540 | 9,058,586 |
Nippon Shinyaku Co. Ltd. | 88,623 | 2,824,425 |
Nippon Shokubai Co. Ltd. | 56,882 | 2,132,457 |
Nippon Steel Corp. | 1,426,423 | 35,405,635 |
Nippon Telegraph & Telephone Corp. | 49,590,860 | 60,402,310 |
Nippon Yusen KK | 813,862 | 25,948,750 |
Nipro Corp. | 208,602 | 1,726,852 |
Nishi-Nippon Railroad Co. Ltd. | 127,101 | 2,044,893 |
Nissan Chemical Corp. | 227,462 | 9,503,039 |
Nissan Motor Co. Ltd. | 3,361,800 | 13,225,281 |
Nisshin Seifun Group, Inc. | 450,228 | 6,241,886 |
Nissin Foods Holdings Co. Ltd. | 351,771 | 10,287,310 |
Niterra Co. Ltd. | 335,919 | 10,191,810 |
Nitori Holdings Co. Ltd. | 130,633 | 19,184,294 |
Nitto Denko Corp. | 246,566 | 22,651,717 |
Noevir Holdings Co. Ltd. | 28,017 | 977,141 |
NOF Corp. | 115,298 | 5,183,672 |
NOK Corp. | 198,335 | 2,809,978 |
Nomura Holdings, Inc. | 5,274,270 | 29,981,619 |
Nomura Real Estate Holdings, Inc. | 185,361 | 4,610,804 |
Nomura Real Estate Master Fund, Inc. | 7,424 | 7,385,806 |
Nomura Research Institute Ltd. | 745,355 | 20,935,875 |
NS Solutions Corp. | 58,178 | 1,947,430 |
NSK Ltd. | 738,720 | 4,046,746 |
NTT Data Group Corp. | 1,096,141 | 17,829,594 |
Obayashi Corp. | 1,170,351 | 11,334,428 |
OBIC Business Consultants Co. Ltd. | 48,490 | 2,316,453 |
Obic Co. Ltd. | 115,865 | 18,134,146 |
Odakyu Electric Railway Co. Ltd. | 532,190 | 7,484,866 |
Oji Holdings Corp. | 1,524,235 | 5,970,862 |
OKUMA Corp. | 49,375 | 2,326,401 |
Olympus Corp. | 2,107,453 | 30,019,976 |
Omron Corp. | 315,743 | 11,712,468 |
Ono Pharmaceutical Co. Ltd. | 729,072 | 12,119,537 |
Open House Group Co. Ltd. | 123,138 | 3,884,931 |
Oracle Corp. | 56,996 | 4,367,904 |
Orient Corp. | 105,479 | 752,666 |
Oriental Land Co. Ltd. | 1,634,173 | 58,555,955 |
ORIX Corp. | 2,046,508 | 42,893,670 |
Orix JREIT, Inc. | 4,864 | 5,137,960 |
Osaka Gas Co. Ltd. | 686,941 | 13,741,574 |
OSG Corp. | 135,925 | 1,906,692 |
Otsuka Corp. | 177,796 | 7,816,514 |
Otsuka Holdings Co. Ltd. | 838,434 | 34,070,659 |
PALTAC Corp. | 53,247 | 1,489,934 |
Pan Pacific International Holdings Corp. | 696,717 | 16,408,949 |
Panasonic Holdings Corp. | 3,715,589 | 35,264,209 |
Park24 Co. Ltd. * | 223,419 | 2,654,099 |
Penta-Ocean Construction Co. Ltd. | 497,894 | 2,579,788 |
PeptiDream, Inc. * | 154,128 | 1,623,457 |
Persol Holdings Co. Ltd. | 3,064,530 | 4,428,796 |
Pigeon Corp. | 191,249 | 1,949,930 |
Pola Orbis Holdings, Inc. | 131,539 | 1,314,775 |
Rakus Co. Ltd. | 164,118 | 2,585,075 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Rakuten Bank Ltd. * | 145,650 | 2,898,987 |
Rakuten Group, Inc. * | 2,427,887 | 13,301,713 |
Recruit Holdings Co. Ltd. | 2,536,973 | 102,448,485 |
Relo Group, Inc. | 180,126 | 1,450,203 |
Renesas Electronics Corp. | 2,529,628 | 41,484,412 |
Rengo Co. Ltd. | 371,227 | 2,477,575 |
Resona Holdings, Inc. | 3,707,260 | 20,211,961 |
Resonac Holdings Corp. | 308,676 | 7,455,494 |
Resorttrust, Inc. | 111,505 | 1,922,487 |
Ricoh Co. Ltd. | 991,266 | 8,245,648 |
Rinnai Corp. | 182,627 | 4,257,270 |
Rohm Co. Ltd. | 572,104 | 9,718,544 |
Rohto Pharmaceutical Co. Ltd. | 363,010 | 7,375,649 |
Ryohin Keikaku Co. Ltd. | 410,972 | 6,491,199 |
Sanken Electric Co. Ltd. | 32,990 | 1,661,513 |
Sankyo Co. Ltd. | 364,927 | 4,169,340 |
Sankyu, Inc. | 84,422 | 2,984,411 |
Sanrio Co. Ltd. | 97,077 | 5,441,164 |
Santen Pharmaceutical Co. Ltd. | 581,190 | 5,772,292 |
Sanwa Holdings Corp. | 334,626 | 5,933,704 |
Sapporo Holdings Ltd. | 109,637 | 4,828,804 |
Sawai Group Holdings Co. Ltd. | 67,450 | 2,588,580 |
SBI Holdings, Inc. | 420,181 | 11,299,716 |
SCREEN Holdings Co. Ltd. | 137,574 | 17,220,879 |
SCSK Corp. | 221,271 | 4,080,363 |
Secom Co. Ltd. | 331,104 | 24,157,518 |
Sega Sammy Holdings, Inc. | 276,084 | 3,462,348 |
Seibu Holdings, Inc. | 358,941 | 5,189,740 |
Seiko Epson Corp. | 457,446 | 7,399,457 |
Seino Holdings Co. Ltd. | 238,138 | 3,369,922 |
Sekisui Chemical Co. Ltd. | 571,897 | 8,058,601 |
Sekisui House Ltd. | 955,210 | 21,316,238 |
Sekisui House REIT, Inc. | 6,808 | 3,370,567 |
Seven & i Holdings Co. Ltd. | 4,022,730 | 59,936,446 |
Seven Bank Ltd. | 1,177,515 | 2,353,929 |
SG Holdings Co. Ltd. | 729,902 | 9,158,522 |
Sharp Corp. * | 360,535 | 1,964,430 |
SHIFT, Inc. * | 18,658 | 3,438,148 |
Shikoku Electric Power Co., Inc. | 273,520 | 1,990,133 |
Shimadzu Corp. | 468,234 | 12,773,431 |
Shimamura Co. Ltd. | 76,692 | 4,084,399 |
Shimano, Inc. | 132,598 | 18,480,619 |
Shimizu Corp. | 940,035 | 5,456,687 |
Shin-Etsu Chemical Co. Ltd. | 3,332,823 | 142,224,497 |
Shinko Electric Industries Co. Ltd. | 114,719 | 4,152,786 |
Shionogi & Co. Ltd. | 461,569 | 23,079,992 |
Ship Healthcare Holdings, Inc. | 136,696 | 1,986,462 |
Shiseido Co. Ltd. | 692,217 | 18,717,192 |
Shizuoka Financial Group, Inc. | 842,566 | 8,247,205 |
SHO-BOND Holdings Co. Ltd. | 77,745 | 3,330,148 |
Skylark Holdings Co. Ltd. | 380,164 | 5,542,312 |
SMC Corp. | 96,546 | 58,152,081 |
SMS Co. Ltd. | 89,776 | 1,590,439 |
Socionext, Inc. | 341,685 | 8,773,271 |
SoftBank Corp. | 4,799,326 | 63,250,288 |
SoftBank Group Corp. | 1,701,502 | 99,927,859 |
Sohgo Security Services Co. Ltd. | 579,620 | 3,215,464 |
Sojitz Corp. | 396,065 | 10,053,123 |
Sompo Holdings, Inc. | 538,963 | 31,624,060 |
Sony Group Corp. | 2,154,310 | 186,326,872 |
Sotetsu Holdings, Inc. | 132,690 | 2,406,984 |
Square Enix Holdings Co. Ltd. | 134,705 | 5,709,685 |
Stanley Electric Co. Ltd. | 260,690 | 4,462,402 |
Subaru Corp. | 1,045,253 | 23,772,574 |
Sugi Holdings Co. Ltd. | 176,589 | 2,772,071 |
SUMCO Corp. | 586,380 | 9,183,368 |
Sumitomo Bakelite Co. Ltd. | 56,694 | 3,257,623 |
Sumitomo Chemical Co. Ltd. | 2,635,259 | 5,349,046 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Sumitomo Corp. | 1,913,566 | 44,837,816 |
Sumitomo Electric Industries Ltd. | 1,319,555 | 19,576,882 |
Sumitomo Forestry Co. Ltd. | 243,277 | 6,955,183 |
Sumitomo Heavy Industries Ltd. | 196,778 | 5,859,822 |
Sumitomo Metal Mining Co. Ltd. | 411,614 | 10,736,561 |
Sumitomo Mitsui Financial Group, Inc. | 2,232,065 | 124,436,095 |
Sumitomo Mitsui Trust Holdings, Inc. | 1,238,292 | 25,143,111 |
Sumitomo Pharma Co. Ltd. | 282,236 | 701,489 |
Sumitomo Realty & Development Co. Ltd. | 687,015 | 20,371,301 |
Sumitomo Rubber Industries Ltd. | 307,799 | 3,586,567 |
Sundrug Co. Ltd. | 114,540 | 3,576,170 |
Suntory Beverage & Food Ltd. | 218,208 | 7,175,919 |
Suzuken Co. Ltd. | 118,976 | 3,543,763 |
Suzuki Motor Corp. | 787,917 | 34,623,706 |
Sysmex Corp. | 330,575 | 18,597,190 |
T&D Holdings, Inc. | 865,905 | 15,059,469 |
Taiheiyo Cement Corp. | 196,710 | 4,130,818 |
Taisei Corp. | 303,163 | 9,534,230 |
Taisho Pharmaceutical Holdings Co. Ltd. | 77,210 | 4,426,150 |
Taiyo Yuden Co. Ltd. | 212,990 | 4,653,420 |
Takara Bio, Inc. | 85,660 | 581,483 |
Takara Holdings, Inc. | 303,615 | 2,544,832 |
Takashimaya Co. Ltd. | 233,605 | 3,518,044 |
Takeda Pharmaceutical Co. Ltd. | 2,652,155 | 77,737,716 |
TBS Holdings, Inc. | 58,927 | 1,548,473 |
TDK Corp. | 626,595 | 32,596,169 |
TechnoPro Holdings, Inc. | 188,632 | 3,776,547 |
Teijin Ltd. | 318,759 | 2,704,777 |
Terumo Corp. | 1,251,421 | 48,795,971 |
THK Co. Ltd. | 206,395 | 4,542,428 |
TIS, Inc. | 398,705 | 8,990,642 |
Tobu Railway Co. Ltd. | 352,403 | 9,010,799 |
Toda Corp. | 414,357 | 2,564,158 |
Toei Animation Co. Ltd. (a) | 9,562 | 1,181,914 |
Toho Co. Ltd. | 190,658 | 6,193,487 |
Toho Gas Co. Ltd. | 154,804 | 3,106,009 |
Tohoku Electric Power Co., Inc. | 822,640 | 5,578,804 |
Tokai Carbon Co. Ltd. | 338,817 | 2,233,652 |
Tokio Marine Holdings, Inc. | 3,252,435 | 95,093,576 |
Tokyo Century Corp. | 429,750 | 4,487,868 |
Tokyo Electric Power Co. Holdings, Inc. * | 2,711,896 | 14,676,527 |
Tokyo Electron Ltd. | 767,667 | 189,108,588 |
Tokyo Gas Co. Ltd. | 685,243 | 15,012,439 |
Tokyo Ohka Kogyo Co. Ltd. | 190,560 | 5,865,637 |
Tokyo Seimitsu Co. Ltd. | 63,580 | 4,343,593 |
Tokyo Tatemono Co. Ltd. | 343,654 | 4,983,637 |
Tokyu Corp. | 1,044,073 | 12,999,466 |
Tokyu Fudosan Holdings Corp. | 1,046,800 | 6,872,357 |
TOPPAN Holdings, Inc. | 465,209 | 11,074,629 |
Toray Industries, Inc. | 2,632,753 | 12,146,161 |
Toshiba TEC Corp. | 40,856 | 854,408 |
Tosoh Corp. | 480,824 | 6,550,412 |
TOTO Ltd. | 250,868 | 6,786,694 |
Toyo Seikan Group Holdings Ltd. | 249,969 | 4,205,398 |
Toyo Suisan Kaisha Ltd. | 155,800 | 9,062,570 |
Toyo Tire Corp. | 175,590 | 3,179,321 |
Toyoda Gosei Co. Ltd. | 129,366 | 2,663,036 |
Toyota Boshoku Corp. | 107,595 | 1,704,109 |
Toyota Industries Corp. | 278,170 | 27,673,891 |
Toyota Motor Corp. | 20,890,542 | 505,409,585 |
Toyota Tsusho Corp. | 387,775 | 25,064,043 |
Trend Micro, Inc. | 198,150 | 9,831,375 |
TS Tech Co. Ltd. | 161,284 | 2,087,306 |
Tsumura & Co. | 116,794 | 2,153,748 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Tsuruha Holdings, Inc. | 63,609 | 4,802,443 |
UBE Corp. | 172,874 | 2,899,714 |
Ulvac, Inc. | 84,320 | 5,188,663 |
Unicharm Corp. | 674,636 | 22,429,269 |
United Urban Investment Corp. | 4,993 | 4,720,448 |
Ushio, Inc. | 180,531 | 2,390,676 |
USS Co. Ltd. | 354,758 | 6,175,733 |
Welcia Holdings Co. Ltd. | 172,416 | 3,255,479 |
West Japan Railway Co. | 401,604 | 16,719,413 |
Workman Co. Ltd. (a) | 75,996 | 2,056,416 |
Yakult Honsha Co. Ltd. | 452,536 | 9,760,047 |
Yamada Holdings Co. Ltd. | 1,005,490 | 2,894,134 |
Yamaguchi Financial Group, Inc. | 352,645 | 3,578,992 |
Yamaha Corp. | 264,087 | 5,771,555 |
Yamaha Motor Co. Ltd. | 1,589,700 | 14,227,321 |
Yamato Holdings Co. Ltd. | 562,280 | 8,546,716 |
Yamato Kogyo Co. Ltd. | 57,583 | 3,212,521 |
Yamazaki Baking Co. Ltd. | 208,155 | 4,902,428 |
Yaoko Co. Ltd. | 38,495 | 2,214,999 |
Yaskawa Electric Corp. | 448,964 | 18,355,119 |
Yokogawa Electric Corp. | 420,230 | 8,883,595 |
Yokohama Rubber Co. Ltd. | 230,181 | 6,119,397 |
Zenkoku Hosho Co. Ltd. | 85,628 | 3,143,755 |
Zensho Holdings Co. Ltd. | 166,946 | 7,309,395 |
Zeon Corp. | 245,552 | 2,083,591 |
ZOZO, Inc. | 189,243 | 4,291,379 |
7,941,624,275 | ||
Netherlands 4.1% | ||
Aalberts NV | 168,157 | 7,551,803 |
ABN AMRO Bank NV, GDR | 668,726 | 10,746,382 |
Adyen NV * | 51,896 | 81,992,542 |
Aegon Ltd. | 2,964,646 | 17,792,637 |
Akzo Nobel NV | 296,807 | 21,628,921 |
Allfunds Group PLC | 589,676 | 4,186,055 |
ArcelorMittal SA | 863,174 | 22,530,107 |
ASM International NV | 81,252 | 49,564,383 |
ASML Holding NV | 690,248 | 650,221,823 |
ASR Nederland NV | 253,425 | 11,691,020 |
BE Semiconductor Industries NV | 132,257 | 23,922,836 |
CTP NV | 185,382 | 3,005,156 |
DSM-Firmenich AG | 303,624 | 32,528,115 |
EXOR NV | 179,239 | 19,357,562 |
Heineken Holding NV | 229,161 | 17,706,247 |
Heineken NV | 488,009 | 45,110,227 |
IMCD NV | 98,993 | 15,093,956 |
ING Groep NV, Series N | 6,287,135 | 86,338,007 |
InPost SA * | 355,286 | 5,547,944 |
JDE Peet's NV | 209,306 | 4,788,222 |
Koninklijke Ahold Delhaize NV | 1,711,953 | 50,983,292 |
Koninklijke KPN NV | 5,759,117 | 21,083,636 |
Koninklijke Philips NV | 1,365,678 | 27,343,531 |
Koninklijke Vopak NV | 113,727 | 4,231,137 |
NN Group NV | 486,682 | 21,730,120 |
OCI NV | 167,942 | 4,425,332 |
Prosus NV | 2,646,559 | 77,298,679 |
Randstad NV | 191,384 | 10,549,993 |
Signify NV | 218,746 | 5,865,824 |
Universal Music Group NV | 1,308,017 | 39,449,179 |
Wolters Kluwer NV | 429,258 | 67,750,490 |
1,462,015,158 | ||
New Zealand 0.3% | ||
a2 Milk Co. Ltd. * | 1,260,147 | 4,760,017 |
Air New Zealand Ltd. | 2,581,124 | 967,118 |
Auckland International Airport Ltd. | 2,205,797 | 10,885,445 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Contact Energy Ltd. | 1,396,957 | 6,868,347 |
EBOS Group Ltd. | 275,913 | 6,211,296 |
Fisher & Paykel Healthcare Corp. Ltd. | 1,012,521 | 15,113,524 |
Fletcher Building Ltd. | 1,325,039 | 3,309,849 |
Infratil Ltd. | 1,437,677 | 9,030,579 |
Kiwi Property Group Ltd. | 2,695,212 | 1,387,539 |
Mainfreight Ltd. | 140,995 | 5,820,667 |
Mercury NZ Ltd. | 1,187,001 | 4,830,846 |
Meridian Energy Ltd. | 2,186,375 | 7,965,655 |
Ryman Healthcare Ltd. * | 1,048,755 | 2,964,747 |
SKYCITY Entertainment Group Ltd. | 1,389,401 | 1,633,731 |
Spark New Zealand Ltd. | 3,235,164 | 9,993,092 |
91,742,452 | ||
Norway 0.5% | ||
Adevinta ASA * | 478,223 | 5,116,446 |
Aker ASA, A Shares | 41,785 | 2,258,915 |
Aker BP ASA | 533,134 | 12,962,109 |
AutoStore Holdings Ltd. * | 1,245,573 | 1,998,934 |
DNB Bank ASA | 1,787,816 | 35,809,452 |
Equinor ASA | 1,545,920 | 38,162,131 |
Gjensidige Forsikring ASA | 300,472 | 4,751,195 |
Kongsberg Gruppen ASA | 128,697 | 8,214,121 |
Mowi ASA | 769,729 | 14,880,060 |
Norsk Hydro ASA | 2,320,009 | 11,937,947 |
Orkla ASA | 1,326,691 | 9,520,307 |
Salmar ASA | 110,194 | 7,000,933 |
Schibsted ASA, A Shares | 134,881 | 4,028,901 |
Schibsted ASA, B Shares | 167,115 | 4,654,324 |
Telenor ASA | 1,093,007 | 11,982,679 |
TOMRA Systems ASA | 410,987 | 5,478,922 |
Var Energi ASA | 1,165,425 | 3,563,594 |
Yara International ASA | 277,534 | 8,640,821 |
190,961,791 | ||
Poland 0.3% | ||
Allegro.eu SA * | 886,254 | 7,165,992 |
Bank Polska Kasa Opieki SA | 273,362 | 11,858,779 |
Dino Polska SA * | 83,923 | 9,779,337 |
KGHM Polska Miedz SA | 237,961 | 6,432,507 |
LPP SA | 2,050 | 9,222,147 |
ORLEN SA | 1,002,357 | 15,578,647 |
Pepco Group NV * | 261,367 | 1,312,111 |
Powszechna Kasa Oszczednosci Bank Polski SA | 1,485,023 | 20,689,556 |
Powszechny Zaklad Ubezpieczen SA | 981,152 | 12,082,644 |
Santander Bank Polska SA | 61,755 | 8,509,334 |
102,631,054 | ||
Portugal 0.1% | ||
EDP - Energias de Portugal SA | 5,243,984 | 20,877,513 |
EDP Renovaveis SA | 504,614 | 6,877,729 |
Galp Energia SGPS SA | 874,867 | 13,793,967 |
Jeronimo Martins SGPS SA | 481,403 | 11,523,424 |
53,072,633 | ||
Republic of Korea 4.2% | ||
Alteogen, Inc. * | 57,984 | 6,993,264 |
Amorepacific Corp. | 52,176 | 4,686,279 |
AMOREPACIFIC Group | 43,832 | 877,233 |
BGF retail Co. Ltd. | 13,901 | 1,379,034 |
BNK Financial Group, Inc. | 481,785 | 2,713,568 |
Celltrion Pharm, Inc. * | 36,081 | 3,004,944 |
Celltrion, Inc. | 269,803 | 36,410,032 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Cheil Worldwide, Inc. | 116,702 | 1,621,348 |
CJ CheilJedang Corp. | 13,729 | 3,087,891 |
CJ Corp. * | 21,773 | 1,584,413 |
CJ ENM Co. Ltd. * | 17,484 | 1,042,527 |
CJ Logistics Corp. * | 13,653 | 1,275,483 |
CosmoAM&T Co. Ltd. * | 37,092 | 4,933,158 |
Coway Co. Ltd. | 95,606 | 3,891,443 |
Daewoo Engineering & Construction Co. Ltd. * | 342,791 | 1,024,563 |
DB Insurance Co. Ltd. * | 76,431 | 5,670,909 |
DGB Financial Group, Inc. | 268,072 | 1,783,657 |
DL E&C Co. Ltd. | 51,669 | 1,435,681 |
DL Holdings Co. Ltd. * | 20,320 | 726,368 |
Dongsuh Cos., Inc. | 53,883 | 707,730 |
Doosan Bobcat, Inc. | 83,592 | 2,947,315 |
Doosan Enerbility Co. Ltd. * | 722,832 | 8,815,554 |
Ecopro BM Co. Ltd. * | 82,030 | 16,417,088 |
Ecopro Co. Ltd. * | 33,519 | 15,556,280 |
E-MART, Inc. * | 33,231 | 1,846,721 |
F&F Co. Ltd. | 26,596 | 1,446,043 |
Fila Holdings Corp. | 86,667 | 2,499,259 |
Green Cross Corp. | 9,103 | 805,981 |
GS Engineering & Construction Corp. * | 107,274 | 1,284,936 |
GS Holdings Corp. | 93,606 | 3,377,717 |
GS Retail Co. Ltd. | 65,585 | 1,098,337 |
Hana Financial Group, Inc. | 488,907 | 20,781,118 |
Hanjin Kal Corp. | 53,897 | 2,558,043 |
Hankook Tire & Technology Co. Ltd. | 124,382 | 5,062,710 |
Hanmi Pharm Co. Ltd. | 13,167 | 3,302,627 |
Hanmi Science Co. Ltd. | 42,000 | 1,299,489 |
Hanon Systems | 278,200 | 1,289,046 |
Hanwha Aerospace Co. Ltd. | 60,397 | 8,504,384 |
Hanwha Corp. | 86,657 | 1,913,274 |
Hanwha Life Insurance Co. Ltd. * | 586,459 | 1,387,313 |
Hanwha Ocean Co. Ltd. * | 180,942 | 3,206,842 |
Hanwha Solutions Corp. | 177,277 | 3,694,380 |
HD Hyundai Co. Ltd. | 84,457 | 4,484,162 |
HD Hyundai Heavy Industries Co. Ltd. | 32,229 | 2,853,559 |
HD Hyundai Infracore Co. Ltd. | 236,816 | 1,431,638 |
HD Korea Shipbuilding & Offshore Engineering Co. Ltd. | 73,616 | 6,186,265 |
Hite Jinro Co. Ltd. | 53,450 | 801,589 |
HL Mando Co. Ltd. | 56,053 | 1,395,432 |
HLB, Inc. * | 183,646 | 11,239,974 |
HMM Co. Ltd. * | 498,025 | 6,833,071 |
Hotel Shilla Co. Ltd. | 52,821 | 2,384,006 |
HYBE Co. Ltd. | 35,064 | 5,242,747 |
Hyundai Department Store Co. Ltd. | 25,280 | 994,797 |
Hyundai Engineering & Construction Co. Ltd. * | 125,189 | 3,262,285 |
Hyundai Glovis Co. Ltd. * | 35,701 | 5,107,420 |
Hyundai Marine & Fire Insurance Co. Ltd. * | 95,732 | 2,264,613 |
Hyundai Mipo Dockyard Co. Ltd. | 35,668 | 1,684,828 |
Hyundai Mobis Co. Ltd. | 109,382 | 19,919,747 |
Hyundai Motor Co. | 240,391 | 45,222,248 |
Hyundai Steel Co. * | 166,049 | 4,482,924 |
Hyundai Wia Corp. * | 27,195 | 1,227,410 |
Industrial Bank of Korea * | 474,079 | 4,984,309 |
Kakao Corp. | 537,606 | 21,518,774 |
Kakao Games Corp. * | 68,811 | 1,211,789 |
KakaoBank Corp. | 364,835 | 7,794,800 |
Kakaopay Corp. * | 36,040 | 1,192,221 |
Kangwon Land, Inc. * | 180,228 | 2,352,330 |
KB Financial Group, Inc. | 676,493 | 32,259,917 |
KCC Corp. | 6,882 | 1,372,162 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
KEPCO Plant Service & Engineering Co. Ltd. * | 36,557 | 1,021,268 |
Kia Corp. * | 427,954 | 40,012,221 |
Korea Aerospace Industries Ltd. * | 119,961 | 4,621,507 |
Korea Electric Power Corp. | 434,511 | 8,092,425 |
Korea Gas Corp. * | 43,629 | 950,166 |
Korea Investment Holdings Co. Ltd. * | 63,166 | 3,367,968 |
Korea Zinc Co. Ltd. | 19,245 | 6,467,511 |
Korean Air Lines Co. Ltd. | 354,578 | 6,124,432 |
Krafton, Inc. * | 49,040 | 8,359,928 |
KT&G Corp. | 175,925 | 12,286,742 |
Kumho Petrochemical Co. Ltd. * | 28,511 | 3,166,699 |
L&F Co. Ltd. * | 42,140 | 5,370,350 |
LG Chem Ltd. | 82,056 | 27,914,815 |
LG Corp. | 153,108 | 10,773,670 |
LG Display Co. Ltd. | 358,444 | 3,063,302 |
LG Electronics, Inc. | 186,425 | 13,286,071 |
LG Energy Solution Ltd. * | 69,758 | 21,033,221 |
LG H&H Co. Ltd. | 15,959 | 3,823,161 |
LG Innotek Co. Ltd. | 23,857 | 3,619,040 |
LG Uplus Corp. | 359,853 | 2,788,888 |
Lotte Chemical Corp. | 31,251 | 2,872,576 |
Lotte Chilsung Beverage Co. Ltd. | 5,465 | 515,063 |
Lotte Corp. | 44,015 | 998,237 |
Lotte Energy Materials Corp. | 36,981 | 966,461 |
LOTTE Fine Chemical Co. Ltd. | 22,913 | 817,338 |
Lotte Shopping Co. Ltd. | 19,266 | 1,122,741 |
LS Corp. | 29,240 | 1,930,156 |
Meritz Financial Group, Inc. | 172,057 | 10,737,411 |
Mirae Asset Securities Co. Ltd. * | 533,456 | 3,613,527 |
NAVER Corp. | 250,753 | 36,720,363 |
NCSoft Corp. | 27,013 | 3,935,508 |
Netmarble Corp. * | 37,050 | 1,716,720 |
NH Investment & Securities Co. Ltd. * | 244,797 | 2,158,243 |
NongShim Co. Ltd. | 5,421 | 1,416,723 |
OCI Holdings Co. Ltd. | 29,033 | 2,049,491 |
Orion Corp. | 37,105 | 2,588,656 |
Ottogi Corp. | 2,455 | 739,302 |
Pan Ocean Co. Ltd. | 415,707 | 1,518,785 |
Paradise Co. Ltd. | 77,373 | 735,613 |
Pearl Abyss Corp. * | 56,632 | 1,290,764 |
POSCO Future M Co. Ltd. * | 50,969 | 12,133,654 |
POSCO Holdings, Inc. | 130,998 | 42,449,412 |
Posco International Corp. * | 79,293 | 3,340,596 |
S-1 Corp. | 32,548 | 1,420,125 |
Samsung Biologics Co. Ltd. * | 31,230 | 18,152,613 |
Samsung C&T Corp. | 142,534 | 16,773,113 |
Samsung Card Co. Ltd. * | 55,200 | 1,556,594 |
Samsung Electro-Mechanics Co. Ltd. | 100,930 | 10,611,445 |
Samsung Electronics Co. Ltd. | 8,319,848 | 458,603,817 |
Samsung Engineering Co. Ltd. * | 268,285 | 4,956,301 |
Samsung Fire & Marine Insurance Co. Ltd. * | 57,239 | 12,809,569 |
Samsung Heavy Industries Co. Ltd. * | 1,107,618 | 6,571,179 |
Samsung Life Insurance Co. Ltd. | 125,861 | 9,158,855 |
Samsung SDI Co. Ltd. | 91,178 | 25,814,138 |
Samsung SDS Co. Ltd. | 62,345 | 7,491,138 |
Samsung Securities Co. Ltd. | 106,430 | 3,320,942 |
SD Biosensor, Inc. * | 57,168 | 538,794 |
Seegene, Inc. | 44,545 | 832,961 |
Shinhan Financial Group Co. Ltd. | 863,911 | 28,254,224 |
Shinsegae, Inc. | 11,619 | 1,525,234 |
SK Biopharmaceuticals Co. Ltd. * | 48,472 | 3,527,288 |
SK Bioscience Co. Ltd. * | 40,527 | 1,868,698 |
SK Chemicals Co. Ltd. | 16,015 | 816,625 |
SK Hynix, Inc. | 941,623 | 110,454,726 |
SK IE Technology Co. Ltd. * | 43,534 | 2,396,397 |
SK Innovation Co. Ltd. * | 105,627 | 9,288,767 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
SK Networks Co. Ltd. * | 206,777 | 1,017,114 |
SK Square Co. Ltd. * | 166,592 | 8,744,954 |
SK, Inc. | 59,247 | 8,533,775 |
SKC Co. Ltd. * | 31,401 | 1,952,540 |
S-Oil Corp. | 80,773 | 4,634,318 |
Solus Advanced Materials Co. Ltd. | 45,774 | 415,940 |
SSANGYONG C&E Co. Ltd. | 199,362 | 1,045,019 |
Wemade Co. Ltd. * | 28,798 | 1,006,719 |
Woori Financial Group, Inc. | 1,193,013 | 13,349,274 |
Yuhan Corp. | 94,379 | 4,777,069 |
1,498,379,989 | ||
Singapore 1.0% | ||
CapitaLand Ascendas REIT | 6,446,463 | 13,136,478 |
CapitaLand Ascott Trust | 3,818,384 | 2,541,614 |
CapitaLand Integrated Commercial Trust | 8,787,927 | 12,810,008 |
CapitaLand Investment Ltd. | 4,423,420 | 9,145,551 |
City Developments Ltd. | 831,943 | 3,508,193 |
ComfortDelGro Corp. Ltd. | 3,677,437 | 3,692,206 |
DBS Group Holdings Ltd. | 3,162,772 | 78,398,922 |
Frasers Logistics & Commercial Trust | 5,120,754 | 3,922,636 |
Genting Singapore Ltd. | 10,004,990 | 6,771,189 |
Hutchison Port Holdings Trust, Class U | 8,984,224 | 1,185,918 |
Jardine Cycle & Carriage Ltd. | 201,585 | 3,815,513 |
Keppel DC REIT | 2,242,950 | 2,835,799 |
Keppel Ltd. | 2,418,923 | 13,024,693 |
Keppel REIT | 4,485,606 | 2,885,653 |
Mapletree Industrial Trust | 3,401,061 | 5,792,377 |
Mapletree Logistics Trust | 5,959,466 | 6,559,579 |
Mapletree Pan Asia Commercial Trust | 3,911,005 | 3,926,712 |
Netlink NBN Trust | 5,169,294 | 3,229,367 |
Olam Group Ltd. | 2,015,638 | 1,469,080 |
Oversea-Chinese Banking Corp. Ltd. | 6,116,862 | 59,048,690 |
SATS Ltd. * | 1,490,060 | 2,903,434 |
Seatrium Ltd. * | 75,702,593 | 5,067,108 |
Sembcorp Industries Ltd. | 1,578,423 | 5,986,879 |
SIA Engineering Co. Ltd. | 383,339 | 652,868 |
Singapore Airlines Ltd. | 2,390,713 | 11,503,728 |
Singapore Exchange Ltd. | 1,458,341 | 10,249,384 |
Singapore Post Ltd. | 2,396,504 | 704,015 |
Singapore Technologies Engineering Ltd. | 2,684,626 | 7,946,461 |
Singapore Telecommunications Ltd. | 13,070,135 | 22,843,089 |
StarHub Ltd. | 1,008,862 | 855,349 |
Suntec Real Estate Investment Trust | 3,641,457 | 3,141,522 |
United Overseas Bank Ltd. | 2,114,626 | 43,956,416 |
UOL Group Ltd. | 880,190 | 3,855,659 |
Venture Corp. Ltd. | 460,280 | 4,792,444 |
Wilmar International Ltd. | 3,608,675 | 8,910,309 |
371,068,843 | ||
Spain 2.1% | ||
Acciona SA | 39,756 | 4,450,623 |
ACS Actividades de Construccion y Servicios SA | 414,241 | 17,007,404 |
Aena SME SA | 122,640 | 23,245,018 |
Amadeus IT Group SA | 795,237 | 46,797,579 |
Banco Bilbao Vizcaya Argentaria SA | 10,438,565 | 103,765,946 |
Banco de Sabadell SA | 9,068,028 | 11,746,125 |
Banco Santander SA | 27,939,681 | 116,268,446 |
Bankinter SA | 1,192,729 | 7,573,899 |
CaixaBank SA | 6,604,582 | 29,803,619 |
Cellnex Telecom SA * | 980,416 | 35,298,057 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Corp. ACCIONA Energias Renovables SA (a) | 99,777 | 2,062,298 |
Enagas SA | 433,892 | 6,265,963 |
Endesa SA | 551,356 | 9,928,258 |
Ferrovial SE | 905,949 | 33,969,926 |
Grifols SA * | 578,852 | 4,750,655 |
Iberdrola SA | 10,537,670 | 121,103,507 |
Industria de Diseno Textil SA | 1,831,359 | 81,273,856 |
Mapfre SA | 1,750,172 | 3,710,247 |
Merlin Properties Socimi SA | 580,731 | 5,501,977 |
Naturgy Energy Group SA (a) | 239,422 | 5,668,902 |
Redeia Corp. SA | 760,655 | 12,100,203 |
Repsol SA | 2,237,738 | 35,657,603 |
Telefonica SA | 8,735,861 | 35,857,183 |
753,807,294 | ||
Sweden 2.8% | ||
Alfa Laval AB | 539,905 | 20,333,607 |
Assa Abloy AB, B Shares | 1,684,073 | 48,077,078 |
Atlas Copco AB, A Shares | 4,414,934 | 76,693,716 |
Atlas Copco AB, B Shares | 2,688,155 | 40,228,346 |
Axfood AB | 187,504 | 5,244,158 |
Beijer Ref AB | 699,925 | 9,848,714 |
Boliden AB | 478,028 | 12,119,957 |
Castellum AB * | 747,139 | 8,960,657 |
Electrolux AB, B Shares * | 377,119 | 3,229,080 |
Epiroc AB, A Shares | 1,101,174 | 19,980,325 |
Epiroc AB, B Shares | 642,331 | 10,602,625 |
EQT AB | 728,691 | 21,337,950 |
Essity AB, B Shares | 1,060,270 | 24,766,223 |
Evolution AB | 320,259 | 41,517,033 |
Fastighets AB Balder, B Shares * | 1,094,844 | 6,803,461 |
Getinge AB, B Shares | 388,988 | 7,714,010 |
H & M Hennes & Mauritz AB, B Shares | 1,049,396 | 14,244,878 |
Hexagon AB, B Shares | 3,690,238 | 43,277,366 |
Holmen AB, B Shares | 144,577 | 5,809,655 |
Husqvarna AB, B Shares | 601,446 | 4,641,866 |
Industrivarden AB, A Shares | 219,031 | 7,478,524 |
Industrivarden AB, C Shares | 282,301 | 9,611,512 |
Indutrade AB | 462,057 | 12,235,248 |
Investment AB Latour, B Shares | 248,378 | 6,303,395 |
Investor AB, A Shares | 786,074 | 19,508,556 |
Investor AB, B Shares | 2,893,897 | 72,826,714 |
Kinnevik AB, B Shares * | 420,210 | 4,452,887 |
L E Lundbergforetagen AB, B Shares | 127,140 | 6,917,629 |
Lifco AB, B Shares | 397,463 | 10,593,943 |
Nibe Industrier AB, B Shares | 2,538,558 | 14,175,268 |
Saab AB, B Shares | 160,407 | 12,655,898 |
Sagax AB, B Shares | 317,089 | 7,504,757 |
Sagax AB, D Shares | 290,371 | 815,204 |
Sandvik AB | 1,877,297 | 42,254,128 |
Securitas AB, B Shares | 845,139 | 9,094,630 |
Skandinaviska Enskilda Banken AB, A Shares | 2,867,530 | 42,621,720 |
Skandinaviska Enskilda Banken AB, C Shares | 5,327 | 85,150 |
Skanska AB, B Shares | 622,482 | 11,490,180 |
SKF AB, B Shares | 672,226 | 14,669,182 |
SSAB AB, A Shares | 416,410 | 3,259,664 |
SSAB AB, B Shares | 1,240,642 | 9,721,357 |
Svenska Cellulosa AB SCA, B Shares | 1,033,775 | 14,651,253 |
Svenska Handelsbanken AB, A Shares | 2,638,140 | 31,563,499 |
Svenska Handelsbanken AB, B Shares (a) | 67,544 | 1,005,250 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Sweco AB, B Shares | 349,223 | 3,725,963 |
Swedbank AB, A Shares | 1,755,551 | 38,580,742 |
Swedish Orphan Biovitrum AB * | 348,836 | 8,583,143 |
Tele2 AB, B Shares | 957,310 | 8,041,535 |
Telefonaktiebolaget LM Ericsson, A Shares | 3,414 | 18,674 |
Telefonaktiebolaget LM Ericsson, B Shares | 5,152,612 | 28,000,268 |
Telia Co. AB | 4,309,136 | 10,273,680 |
Trelleborg AB, B Shares | 389,295 | 14,149,752 |
Volvo AB, A Shares | 376,310 | 10,502,909 |
Volvo AB, B Shares | 2,634,511 | 72,587,844 |
Volvo Car AB, B Shares * | 1,141,097 | 4,164,101 |
989,554,864 | ||
Switzerland 7.7% | ||
ABB Ltd. | 2,613,597 | 120,862,722 |
Adecco Group AG | 277,060 | 11,147,846 |
Alcon, Inc. | 858,486 | 73,296,210 |
Avolta AG * | 192,452 | 7,559,951 |
Bachem Holding AG | 54,542 | 4,335,858 |
Baloise Holding AG | 78,262 | 12,674,080 |
Banque Cantonale Vaudoise | 49,270 | 5,925,493 |
Barry Callebaut AG | 5,982 | 8,437,504 |
Belimo Holding AG | 15,831 | 7,543,794 |
BKW AG | 31,213 | 4,395,448 |
Chocoladefabriken Lindt & Spruengli AG | 171 | 20,623,701 |
Chocoladefabriken Lindt & Spruengli AG, Participation Certificates | 1,786 | 21,945,966 |
Cie Financiere Richemont SA, Class A | 899,327 | 143,598,179 |
Clariant AG * | 393,696 | 4,891,300 |
DKSH Holding AG | 61,869 | 4,563,502 |
Emmi AG | 3,544 | 3,622,282 |
EMS-Chemie Holding AG | 12,218 | 8,554,196 |
Flughafen Zurich AG | 32,597 | 6,904,026 |
Geberit AG | 57,868 | 33,726,486 |
Georg Fischer AG | 143,193 | 10,651,458 |
Givaudan SA | 13,907 | 58,546,646 |
Helvetia Holding AG | 60,339 | 8,558,675 |
Holcim AG | 910,725 | 74,570,748 |
Julius Baer Group Ltd. | 357,437 | 19,192,120 |
Kuehne & Nagel International AG | 87,976 | 29,733,300 |
Logitech International SA | 274,615 | 24,319,434 |
Lonza Group AG | 130,256 | 68,341,686 |
Nestle SA | 4,676,923 | 487,370,910 |
Novartis AG | 3,613,251 | 367,213,482 |
Partners Group Holding AG | 38,454 | 55,417,780 |
PSP Swiss Property AG | 78,073 | 9,974,689 |
Roche Holding AG | 1,210,202 | 318,785,252 |
Roche Holding AG, Bearer Shares | 52,139 | 14,530,590 |
Sandoz Group AG * | 755,912 | 23,573,157 |
Schindler Holding AG | 32,602 | 8,323,127 |
Schindler Holding AG, Participation Certificates | 71,128 | 18,812,914 |
SGS SA | 252,816 | 24,347,052 |
SIG Group AG | 574,734 | 11,422,230 |
Sika AG | 253,998 | 73,699,948 |
Sonova Holding AG | 88,218 | 27,280,406 |
Straumann Holding AG | 185,733 | 29,445,604 |
Swatch Group AG | 89,829 | 4,126,493 |
Swatch Group AG, Bearer Shares | 50,397 | 11,938,918 |
Swiss Life Holding AG | 51,666 | 37,645,682 |
Swiss Prime Site AG | 132,613 | 12,725,908 |
Swiss Re AG | 503,684 | 60,976,338 |
Swisscom AG | 45,193 | 25,938,950 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Tecan Group AG | 22,050 | 8,634,195 |
Temenos AG | 105,784 | 7,964,885 |
UBS Group AG | 5,259,817 | 150,587,686 |
VAT Group AG | 44,543 | 22,399,228 |
Zurich Insurance Group AG | 250,683 | 133,803,884 |
2,745,461,919 | ||
United Kingdom 12.4% | ||
3i Group PLC | 1,661,890 | 51,882,493 |
abrdn PLC | 3,334,482 | 6,639,059 |
Admiral Group PLC | 550,281 | 18,557,440 |
Airtel Africa PLC | 1,902,999 | 2,283,228 |
Anglo American PLC | 2,112,505 | 45,454,351 |
Antofagasta PLC | 604,816 | 13,905,003 |
Ashtead Group PLC | 761,344 | 54,701,932 |
Associated British Foods PLC | 595,592 | 17,124,650 |
AstraZeneca PLC | 2,584,570 | 326,379,426 |
Auto Trader Group PLC | 1,569,702 | 14,701,343 |
Aviva PLC | 4,767,793 | 26,916,444 |
B&M European Value Retail SA | 1,629,529 | 10,838,173 |
BAE Systems PLC | 5,360,546 | 84,217,826 |
Barclays PLC | 26,202,961 | 54,510,989 |
Barratt Developments PLC | 1,698,204 | 10,021,089 |
Beazley PLC | 1,152,822 | 9,507,870 |
Berkeley Group Holdings PLC | 182,580 | 10,723,222 |
BP PLC | 29,088,515 | 169,516,964 |
British American Tobacco PLC | 3,902,609 | 115,763,405 |
British Land Co. PLC | 1,628,370 | 7,166,068 |
BT Group PLC | 10,993,051 | 14,524,463 |
Bunzl PLC | 588,638 | 23,477,166 |
Burberry Group PLC | 619,036 | 10,062,188 |
Centrica PLC | 9,688,374 | 15,423,308 |
Coca-Cola HBC AG | 342,988 | 10,694,716 |
Compass Group PLC | 3,004,358 | 82,467,878 |
ConvaTec Group PLC | 2,839,285 | 8,842,406 |
CRH PLC | 1,232,453 | 102,488,107 |
Croda International PLC | 242,875 | 14,642,332 |
DCC PLC | 172,427 | 12,249,145 |
Diageo PLC | 3,877,164 | 145,268,894 |
DS Smith PLC | 2,222,116 | 9,053,799 |
Endeavour Mining PLC | 319,507 | 5,153,045 |
Entain PLC | 1,107,106 | 12,785,961 |
Experian PLC | 1,600,236 | 68,519,804 |
Ferguson PLC | 357,967 | 74,645,795 |
Flutter Entertainment PLC * | 308,026 | 66,647,499 |
Fresnillo PLC | 321,110 | 1,849,781 |
Glencore PLC | 21,504,331 | 102,047,951 |
GSK PLC | 7,017,807 | 147,769,470 |
Haleon PLC | 9,993,635 | 41,900,086 |
Halma PLC | 661,119 | 19,251,225 |
Hargreaves Lansdown PLC | 659,825 | 6,079,559 |
Hikma Pharmaceuticals PLC | 281,941 | 7,015,134 |
Hiscox Ltd. | 587,996 | 8,427,091 |
Howden Joinery Group PLC | 915,813 | 9,580,446 |
HSBC Holdings PLC | 34,094,622 | 265,021,539 |
IMI PLC | 445,615 | 9,768,587 |
Imperial Brands PLC | 1,548,600 | 33,389,481 |
Informa PLC | 2,431,427 | 24,918,786 |
InterContinental Hotels Group PLC | 292,743 | 31,031,584 |
Intermediate Capital Group PLC | 483,151 | 11,767,923 |
International Consolidated Airlines Group SA * | 1,949,291 | 3,630,826 |
Intertek Group PLC | 279,877 | 16,363,287 |
ITV PLC | 6,453,931 | 4,566,886 |
J Sainsbury PLC | 3,027,526 | 9,558,855 |
JD Sports Fashion PLC | 4,301,989 | 6,415,884 |
Johnson Matthey PLC | 312,919 | 6,101,672 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Kingfisher PLC | 3,324,964 | 9,862,867 |
Land Securities Group PLC | 1,290,643 | 10,115,584 |
Legal & General Group PLC | 10,348,849 | 31,692,773 |
Lloyds Banking Group PLC | 110,882,786 | 65,319,638 |
London Stock Exchange Group PLC | 788,032 | 88,477,848 |
M&G PLC | 3,796,277 | 10,790,321 |
Melrose Industries PLC | 2,334,185 | 18,749,185 |
Mondi PLC | 754,582 | 13,444,254 |
National Grid PLC | 6,455,290 | 84,718,307 |
NatWest Group PLC | 9,582,726 | 28,982,914 |
Next PLC | 211,622 | 22,255,853 |
NMC Health PLC *(b) | 136,583 | 0 |
Ocado Group PLC * | 1,056,761 | 6,836,139 |
Pearson PLC | 1,245,649 | 15,136,019 |
Persimmon PLC | 553,166 | 9,540,783 |
Phoenix Group Holdings PLC | 1,272,034 | 8,001,853 |
Prudential PLC | 4,868,145 | 47,884,302 |
Reckitt Benckiser Group PLC | 1,248,819 | 78,953,094 |
RELX PLC | 3,325,109 | 145,573,019 |
Renishaw PLC | 59,925 | 3,265,556 |
Rentokil Initial PLC | 4,400,103 | 24,395,387 |
Rightmove PLC | 1,510,911 | 10,829,013 |
Rio Tinto PLC | 1,911,604 | 122,814,472 |
Rolls-Royce Holdings PLC * | 14,618,608 | 68,253,271 |
RS Group PLC | 822,962 | 7,845,020 |
Sage Group PLC | 1,793,237 | 28,229,683 |
Schroders PLC | 1,456,700 | 7,247,154 |
Segro PLC | 2,178,277 | 23,294,251 |
Severn Trent PLC | 462,955 | 14,640,375 |
Shell PLC | 11,552,896 | 359,061,982 |
Smith & Nephew PLC | 1,521,511 | 20,025,833 |
Smiths Group PLC | 613,927 | 12,487,520 |
Smurfit Kappa Group PLC | 452,914 | 19,353,022 |
Spirax-Sarco Engineering PLC | 128,292 | 16,755,718 |
SSE PLC | 1,904,312 | 39,156,015 |
St. James's Place PLC | 943,461 | 6,002,958 |
Standard Chartered PLC | 3,831,222 | 32,353,931 |
Tate & Lyle PLC | 767,671 | 5,831,249 |
Taylor Wimpey PLC | 6,127,521 | 10,684,765 |
Tesco PLC | 12,344,338 | 43,534,542 |
Unilever PLC | 4,389,210 | 214,673,174 |
UNITE Group PLC | 613,004 | 7,444,027 |
United Utilities Group PLC | 1,190,911 | 15,441,041 |
Vodafone Group PLC | 38,032,240 | 33,252,863 |
Weir Group PLC | 451,359 | 10,465,452 |
Whitbread PLC | 343,918 | 14,369,342 |
Wise PLC, Class A * | 1,311,950 | 15,231,362 |
WPP PLC | 1,816,238 | 16,247,570 |
4,393,734,835 | ||
Total Common Stocks (Cost $28,156,603,187) | 35,127,887,302 | |
PREFERRED STOCKS 0.6% OF NET ASSETS | ||
Germany 0.3% | ||
Bayerische Motoren Werke AG | 105,961 | 11,615,639 |
FUCHS SE | 122,752 | 5,231,086 |
Henkel AG & Co. KGaA | 285,254 | 21,472,318 |
Sartorius AG | 42,173 | 15,964,007 |
Sixt SE | 22,968 | 1,548,456 |
Volkswagen AG | 351,272 | 47,645,384 |
103,476,890 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Italy 0.0% | ||
Telecom Italia SpA - RSP * | 10,966,325 | 3,418,944 |
Republic of Korea 0.3% | ||
Amorepacific Corp. | 5,693 | 157,973 |
CJ CheilJedang Corp. | 493 | 50,092 |
Hanwha Corp. | 7,032 | 79,213 |
Hyundai Motor Co. | 36,400 | 4,360,018 |
Hyundai Motor Co. 2nd | 58,449 | 7,053,736 |
LG Chem Ltd. | 13,279 | 2,991,664 |
LG Electronics, Inc. | 37,939 | 1,250,768 |
LG H&H Co. Ltd. | 3,290 | 380,490 |
Mirae Asset Securities Co. Ltd. * | 191,327 | 580,475 |
Samsung Electronics Co. Ltd. | 1,436,495 | 68,610,004 |
Samsung Fire & Marine Insurance Co. Ltd. * | 6,016 | 1,027,816 |
Samsung SDI Co. Ltd. | 2,947 | 507,913 |
87,050,162 | ||
Spain 0.0% | ||
Grifols SA, B Shares * | 434,807 | 2,416,154 |
Total Preferred Stocks (Cost $177,281,260) | 196,362,150 | |
RIGHTS 0.0% OF NET ASSETS | ||
Republic of Korea 0.0% | ||
LG Display Co. Ltd. | ||
expires 03/07/24, strike KRW 9,090.00 *(b) | 119,826 | 117,882 |
Total Rights (Cost $0) | 117,882 | |
WARRANTS 0.0% OF NET ASSETS | ||
Canada 0.0% | ||
Constellation Software, Inc. | ||
expires 03/31/40 *(b) | 31,758 | 162,495 |
Total Warrants (Cost $0) | 162,495 |
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) | 35,291,059 | 35,291,059 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (c)(d) | 31,088,338 | 31,088,338 |
66,379,397 | ||
Total Short-Term Investments (Cost $66,379,397) | 66,379,397 | |
Total Investments in Securities (Cost $28,400,263,844) | 35,390,909,226 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
MSCI EAFE Index, expires 03/15/24 | 1,510 | 172,736,450 | 4,829,133 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $29,431,951. |
(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) |
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 | $30,069,720,969 | $— | $— | $30,069,720,969 |
Hong Kong | 664,431,498 | — | 0 * | 664,431,498 |
United Kingdom | 4,393,734,835 | — | 0 * | 4,393,734,835 |
Preferred Stocks1 | 196,362,150 | — | — | 196,362,150 |
Rights | ||||
Republic of Korea | — | — | 117,882 | 117,882 |
Warrants | ||||
Canada | — | — | 162,495 | 162,495 |
Short-Term Investments1 | 66,379,397 | — | — | 66,379,397 |
Futures Contracts2 | 4,829,133 | — | — | 4,829,133 |
Total | $35,395,457,982 | $— | $280,377 | $35,395,738,359 |
* | Level 3 amount shown includes securities determined to have no value at February 29, 2024. |
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 $28,400,263,844) including securities on loan of $29,431,951 | $35,390,909,226 | |
Cash | 2,746 | |
Foreign currency, at value (cost $32,526,661) | 32,605,493 | |
Deposit with broker for futures contracts | 7,733,689 | |
Receivables: | ||
Fund shares sold | 141,417,826 | |
Dividends | 62,344,703 | |
Foreign tax reclaims | 43,964,881 | |
Variation margin on future contracts | 369,950 | |
Income from securities on loan | + | 43,695 |
Total assets | 35,679,392,209 | |
Liabilities | ||
Collateral held for securities on loan | 31,088,338 | |
Payables: | ||
Investments bought | 143,444,931 | |
Management fees | + | 1,649,790 |
Total liabilities | 176,183,059 | |
Net assets | $35,503,209,150 | |
Net Assets by Source | ||
Capital received from investors | $30,991,229,828 | |
Total distributable earnings | + | 4,511,979,322 |
Net assets | $35,503,209,150 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$35,503,209,150 | 942,500,000 | $37.67 | ||
For the period September 1, 2023 through February 29, 2024; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $27,843,656) | $288,141,409 | |
Income from non-cash dividends - unaffiliated | 17,478,115 | |
Interest received from securities - unaffiliated | 247,320 | |
Securities on loan, net | + | 521,530 |
Total investment income | 306,388,374 | |
Expenses | ||
Management fees | 9,704,245 | |
Professional fees | + | 57,053 1 |
Total expenses | 9,761,298 | |
Expense reduction | – | 57,053 1 |
Net expenses | – | 9,704,245 |
Net investment income | 296,684,129 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated | (239,154,242 ) | |
Net realized gains on futures contracts | 3,825,872 | |
Net realized gains on foreign currency transactions | + | 153,184 |
Net realized losses | (235,175,186 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 2,837,031,164 | |
Net change in unrealized appreciation (depreciation) on futures contracts | 6,859,836 | |
Net change in unrealized appreciation (depreciation) on foreign currency translations | + | (763,725 ) |
Net change in unrealized appreciation (depreciation) | + | 2,843,127,275 |
Net realized and unrealized gains | 2,607,952,089 | |
Increase in net assets resulting from operations | $2,904,636,218 |
1 | Professional fees associated with the filing of foreign withholding tax claims in the European Union are deemed to be non-contingent and non-routine expenses of the fund (see financial notes 2(d) and 4 for additional information). |
OPERATIONS | |||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||
Net investment income | $296,684,129 | $930,888,626 | |
Net realized losses | (235,175,186 ) | (488,539,544 ) | |
Net change in unrealized appreciation (depreciation) | + | 2,843,127,275 | 4,000,677,892 |
Increase in net assets resulting from operations | $2,904,636,218 | $4,443,026,974 | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($646,088,400 ) | ($892,762,840 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 42,500,000 | $1,492,522,350 | 69,200,000 | $2,199,189,931 | |
Shares redeemed | + | — | — | (3,300,000 ) | (117,312,049 ) |
Net transactions in fund shares | 42,500,000 | $1,492,522,350 | 65,900,000 | $2,081,877,882 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 900,000,000 | $31,752,138,982 | 834,100,000 | $26,119,996,966 | |
Total increase | + | 42,500,000 | 3,751,070,168 | 65,900,000 | 5,632,142,016 |
End of period | 942,500,000 | $35,503,209,150 | 900,000,000 | $31,752,138,982 |
9/1/23– 2/29/24* | 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 | $34.02 | $31.67 | $43.21 | $33.20 | $31.15 | $35.86 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 0.31 | 0.96 | 0.93 | 0.72 | 0.64 | 0.82 |
Net realized and unrealized gains (losses) | 0.81 | 2.12 | (11.45 ) | 10.11 | 2.36 | (4.63 ) |
Total from investment operations | 1.12 | 3.08 | (10.52 ) | 10.83 | 3.00 | (3.81 ) |
Less distributions: | ||||||
Distributions from net investment income | (0.86 ) | (0.73 ) | (1.02 ) | (0.82 ) | (0.95 ) | (0.90 ) |
Net asset value at end of period | $34.28 | $34.02 | $31.67 | $43.21 | $33.20 | $31.15 |
Total return | 3.41 %2 | 9.87 % | (24.85 %) | 33.01 % | 9.63 % | (10.57 %) |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.11 %3 | 0.11 % | 0.11 %4 | 0.11 % | 0.11 %5 | 0.12 % |
Net investment income (loss) | 1.89 %3 | 2.95 % | 2.49 % | 1.87 % | 2.07 % | 2.54 % |
Portfolio turnover rate6 | 7 %2 | 15 % | 18 % | 22 % | 17 % | 20 % |
Net assets, end of period (x 1,000,000) | $3,938 | $3,767 | $3,383 | $3,832 | $2,596 | $2,187 |
* | Unaudited. |
1 | Calculated based on the average shares outstanding during the period. |
2 | Not annualized. |
3 | Annualized. |
4 | Ratio includes less than 0.005% of non-routine proxy expenses. |
5 | Effective February 25, 2020, the annual operating expense ratio was reduced to 0.11%. The ratio presented for the period ended August 31, 2020, is a blended ratio. |
6 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.4% OF NET ASSETS | ||
Australia 6.4% | ||
Abacus Group | 906,034 | 660,760 |
Abacus Storage King | 1,011,762 | 820,217 |
Accent Group Ltd. | 658,378 | 865,980 |
Alkane Resources Ltd. * | 839,591 | 262,416 |
Alpha HPA Ltd. * | 1,315,177 | 745,049 |
APM Human Services International Ltd. | 560,025 | 598,043 |
Arafura Rare Earths Ltd. *(a) | 3,437,103 | 346,901 |
ARB Corp. Ltd. | 149,604 | 4,036,864 |
Arena REIT | 661,225 | 1,476,810 |
AUB Group Ltd. | 177,743 | 3,497,584 |
Audinate Group Ltd. * | 139,168 | 2,100,555 |
Aussie Broadband Ltd. * | 354,580 | 1,050,526 |
Austal Ltd. | 627,721 | 837,918 |
Australian Agricultural Co. Ltd. * | 630,616 | 558,451 |
Australian Clinical Labs Ltd. (a) | 262,665 | 408,772 |
Australian Ethical Investment Ltd. | 225,245 | 783,209 |
Australian Finance Group Ltd. (a) | 402,612 | 390,620 |
AVZ Minerals Ltd. *(b) | 641,362 | 0 |
Baby Bunting Group Ltd. | 243,549 | 249,775 |
Bapcor Ltd. | 657,446 | 2,547,172 |
Bega Cheese Ltd. | 576,205 | 1,579,575 |
Bellevue Gold Ltd. * | 2,085,325 | 2,077,525 |
Boss Energy Ltd. * | 652,185 | 2,131,845 |
Bravura Solutions Ltd. * | 816,210 | 659,029 |
Breville Group Ltd. | 275,843 | 4,908,884 |
Brickworks Ltd. | 114,185 | 2,168,092 |
BWP Trust | 927,990 | 2,108,870 |
Calix Ltd. * | 303,549 | 376,535 |
Capricorn Metals Ltd. * | 591,837 | 1,830,530 |
Carnarvon Energy Ltd. * | 3,404,610 | 399,044 |
Cedar Woods Properties Ltd. | 128,751 | 389,000 |
Centuria Capital Group | 1,373,073 | 1,448,404 |
Centuria Industrial REIT | 1,036,668 | 2,268,089 |
Centuria Office REIT | 894,077 | 678,238 |
Cettire Ltd. * | 390,389 | 1,217,627 |
Chalice Mining Ltd. * | 654,628 | 481,675 |
Champion Iron Ltd. | 890,102 | 4,480,231 |
Charter Hall Long Wale REIT | 1,269,164 | 3,082,533 |
Charter Hall Retail REIT | 961,881 | 2,210,941 |
Charter Hall Social Infrastructure REIT | 634,188 | 1,094,322 |
Clinuvel Pharmaceuticals Ltd. | 76,418 | 680,711 |
Codan Ltd. | 233,019 | 1,552,202 |
Collins Foods Ltd. | 205,195 | 1,469,740 |
Cooper Energy Ltd. * | 5,078,111 | 479,459 |
Core Lithium Ltd. *(a) | 4,075,667 | 557,313 |
Coronado Global Resources, Inc. | 1,417,486 | 1,255,275 |
Corporate Travel Management Ltd. | 220,302 | 2,275,112 |
Credit Corp. Group Ltd. | 111,942 | 1,398,779 |
Cromwell Property Group | 2,699,833 | 703,199 |
Data#3 Ltd. | 284,628 | 1,558,672 |
De Grey Mining Ltd. * | 2,870,737 | 2,364,640 |
Dexus Industria REIT | 395,672 | 744,585 |
Dicker Data Ltd. | 100,221 | 821,610 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Eagers Automotive Ltd. | 372,439 | 3,591,628 |
Elders Ltd. | 310,905 | 1,842,257 |
Emeco Holdings Ltd. | 1,072,232 | 464,292 |
EML Payments Ltd. * | 578,108 | 372,671 |
EVT Ltd. | 198,073 | 1,492,244 |
Fineos Corp. Ltd. * | 307,608 | 331,495 |
Firefinch Ltd. *(b) | 2,051,119 | 1 |
FleetPartners Group Ltd. * | 485,517 | 1,103,344 |
G8 Education Ltd. | 1,555,814 | 1,281,532 |
GDI Property Group Partnership | 836,162 | 329,403 |
Genesis Minerals Ltd. * | 1,961,156 | 1,953,821 |
Gold Road Resources Ltd. | 2,061,433 | 1,986,608 |
GQG Partners, Inc. | 1,219,730 | 1,739,358 |
GrainCorp Ltd., Class A | 423,683 | 2,146,356 |
Growthpoint Properties Australia Ltd. | 533,988 | 771,908 |
GUD Holdings Ltd. | 276,913 | 2,109,650 |
GWA Group Ltd. | 480,848 | 839,119 |
Hansen Technologies Ltd. | 323,423 | 1,010,865 |
Healius Ltd. * | 1,305,072 | 943,276 |
HealthCo REIT | 888,046 | 800,878 |
Helia Group Ltd. | 607,546 | 1,633,843 |
HMC Capital Ltd. | 483,312 | 2,206,108 |
HomeCo Daily Needs REIT | 3,329,987 | 2,699,561 |
Hotel Property Investments Ltd. | 378,808 | 725,183 |
HUB24 Ltd. | 109,979 | 2,795,766 |
Imdex Ltd. | 986,564 | 1,361,891 |
Imugene Ltd. * | 13,453,282 | 1,051,213 |
Infomedia Ltd. | 737,818 | 768,689 |
Ingenia Communities Group | 731,422 | 2,305,125 |
Inghams Group Ltd. | 711,251 | 1,685,798 |
Integral Diagnostics Ltd. | 328,538 | 472,780 |
ioneer Ltd. *(a) | 4,054,360 | 343,200 |
IPH Ltd. | 352,939 | 1,454,737 |
IRESS Ltd. * | 348,993 | 1,783,888 |
Johns Lyng Group Ltd. | 362,754 | 1,485,744 |
Judo Capital Holdings Ltd. * | 997,863 | 808,950 |
Jumbo Interactive Ltd. | 98,364 | 1,159,300 |
Karoon Energy Ltd. * | 1,265,045 | 1,593,926 |
Kelsian Group Ltd. | 388,467 | 1,527,820 |
Kogan.com Ltd. * | 138,078 | 712,982 |
Latin Resources Ltd. * | 4,288,108 | 614,285 |
Leo Lithium Ltd. *(b) | 1,797,999 | 591,238 |
Life360, Inc. * | 350,317 | 1,861,369 |
Lifestyle Communities Ltd. | 185,024 | 1,849,344 |
Link Administration Holdings Ltd. | 959,338 | 1,374,281 |
Lovisa Holdings Ltd. | 105,106 | 2,220,187 |
Macquarie Technology Group Ltd. * | 25,094 | 1,269,452 |
Mayne Pharma Group Ltd. * | 171,618 | 759,894 |
McMillan Shakespeare Ltd. | 114,760 | 1,636,499 |
Megaport Ltd. * | 283,973 | 2,675,634 |
Mesoblast Ltd. *(a) | 1,999,034 | 383,993 |
Monadelphous Group Ltd. | 175,204 | 1,612,009 |
Mount Gibson Iron Ltd. * | 1,421,749 | 458,257 |
Myer Holdings Ltd. | 1,616,704 | 857,964 |
MyState Ltd. | 218,847 | 453,157 |
Nanosonics Ltd. * | 449,165 | 798,454 |
National Storage REIT | 2,401,353 | 3,533,830 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Netwealth Group Ltd. | 158,844 | 1,980,709 |
Neuren Pharmaceuticals Ltd. * | 208,419 | 2,627,386 |
nib holdings Ltd. | 934,132 | 4,452,465 |
Nick Scali Ltd. | 87,775 | 837,316 |
Nickel Industries Ltd. | 4,997,332 | 2,294,080 |
Nine Entertainment Co. Holdings Ltd. | 2,626,972 | 2,942,152 |
NRW Holdings Ltd. | 843,625 | 1,636,993 |
Nuix Ltd. * | 354,863 | 489,867 |
OFX Group Ltd. * | 430,651 | 426,236 |
Omni Bridgeway Ltd. * | 490,545 | 536,623 |
oOh!media Ltd. | 822,825 | 988,519 |
Opthea Ltd. * | 1,224,012 | 510,090 |
Paladin Energy Ltd. * | 5,629,828 | 4,545,671 |
Perenti Ltd. * | 1,797,260 | 1,064,960 |
Perseus Mining Ltd. | 2,657,806 | 3,037,257 |
PEXA Group Ltd. * | 260,046 | 2,165,718 |
Pinnacle Investment Management Group Ltd. | 192,987 | 1,409,945 |
PolyNovo Ltd. * | 1,159,911 | 1,722,030 |
PPK Mining Equipment Group Pty. Ltd. *(b) | 78,953 | 1,445 |
Premier Investments Ltd. | 156,974 | 3,085,830 |
PWR Holdings Ltd. | 119,762 | 963,871 |
Ramelius Resources Ltd. | 2,121,042 | 1,995,714 |
Red 5 Ltd. * | 5,939,698 | 1,276,320 |
Regis Healthcare Ltd. | 270,804 | 638,329 |
Regis Resources Ltd. * | 1,333,459 | 1,575,932 |
Reliance Worldwide Corp. Ltd. | 1,518,706 | 5,419,203 |
Resolute Mining Ltd. * | 3,992,647 | 870,937 |
Rural Funds Group | 723,155 | 974,727 |
Sandfire Resources Ltd. * | 874,171 | 4,320,354 |
Sayona Mining Ltd. * | 15,473,691 | 403,028 |
Select Harvests Ltd. * | 240,222 | 689,815 |
Service Stream Ltd. | 1,109,506 | 812,762 |
Seven West Media Ltd. * | 1,829,216 | 250,130 |
SG Fleet Group Ltd. | 219,333 | 404,177 |
Sigma Healthcare Ltd. | 2,485,790 | 1,853,323 |
Silex Systems Ltd. *(a) | 381,106 | 1,240,786 |
Silver Lake Resources Ltd. * | 1,669,229 | 1,173,872 |
SiteMinder Ltd. * | 402,988 | 1,414,367 |
SmartGroup Corp. Ltd. | 166,535 | 1,189,579 |
Southern Cross Media Group Ltd. | 425,062 | 254,637 |
Stanmore Resources Ltd. | 464,669 | 1,007,556 |
Strike Energy Ltd. * | 5,674,578 | 794,426 |
Super Retail Group Ltd. | 314,723 | 3,342,440 |
Superloop Ltd. * | 802,149 | 540,601 |
Syrah Resources Ltd. *(a) | 1,281,927 | 509,183 |
Technology One Ltd. | 542,485 | 5,983,872 |
Telix Pharmaceuticals Ltd. * | 323,859 | 2,623,358 |
Temple & Webster Group Ltd. * | 207,536 | 1,717,593 |
Tietto Minerals Ltd. * | 2,137,713 | 835,183 |
Tyro Payments Ltd. * | 660,013 | 481,340 |
Ventia Services Group Pty. Ltd. | 1,379,548 | 3,404,530 |
Virgin Australia Holdings Pty. Ltd. *(b) | 424,000 | 0 |
Viva Energy Group Ltd. | 2,117,566 | 5,060,392 |
Vulcan Energy Resources Ltd. *(a) | 245,278 | 364,145 |
Vulcan Steel Ltd. | 183,785 | 934,636 |
Waypoint REIT Ltd. | 1,299,314 | 1,988,214 |
Webjet Ltd. * | 740,335 | 3,355,202 |
Weebit Nano Ltd. *(a) | 349,812 | 988,566 |
West African Resources Ltd. * | 2,046,736 | 1,172,805 |
Westgold Resources Ltd. * | 744,143 | 949,716 |
Zip Co. Ltd. *(a) | 1,583,981 | 990,153 |
251,848,031 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Austria 1.0% | ||
Agrana Beteiligungs AG | 18,050 | 260,763 |
AT&S Austria Technologie & Systemtechnik AG (a) | 50,870 | 1,033,820 |
BAWAG Group AG | 155,317 | 8,781,989 |
CA Immobilien Anlagen AG | 65,164 | 2,094,362 |
DO & Co. AG | 13,355 | 2,078,215 |
EVN AG | 70,092 | 1,820,402 |
Flughafen Wien AG | 10,684 | 576,929 |
Immofinanz AG * | 61,171 | 1,390,121 |
Lenzing AG * | 36,715 | 1,150,217 |
Mayr Melnhof Karton AG (a) | 16,590 | 2,118,439 |
Oesterreichische Post AG (a) | 64,121 | 2,078,187 |
Palfinger AG | 26,932 | 698,010 |
Porr AG | 47,378 | 695,223 |
Schoeller-Bleckmann Oilfield Equipment AG | 21,619 | 974,402 |
Strabag SE | 24,863 | 1,173,080 |
UNIQA Insurance Group AG | 208,534 | 1,825,631 |
Vienna Insurance Group AG Wiener Versicherung Gruppe | 74,088 | 2,152,681 |
Wienerberger AG | 205,360 | 7,178,042 |
38,080,513 | ||
Belgium 1.3% | ||
Aedifica SA | 90,982 | 5,183,719 |
AGFA-Gevaert NV * | 259,285 | 289,564 |
Barco NV | 137,366 | 2,440,844 |
Bekaert SA | 64,717 | 3,204,734 |
bpost SA | 195,682 | 734,798 |
Cofinimmo SA * | 65,654 | 4,099,441 |
Colruyt Group NV | 93,511 | 4,490,944 |
Deme Group NV | 13,378 | 1,855,952 |
Euronav NV | 206,277 | 3,648,576 |
Fagron | 110,580 | 2,150,365 |
Gimv NV | 38,347 | 1,836,252 |
KBC Ancora | 67,543 | 3,166,332 |
Kinepolis Group NV | 27,178 | 1,273,483 |
Melexis NV | 39,124 | 3,285,433 |
Montea NV | 31,420 | 2,516,086 |
Ontex Group NV * | 125,193 | 1,002,535 |
Proximus SADP | 267,438 | 2,237,704 |
Retail Estates NV | 24,333 | 1,561,485 |
Shurgard Self Storage Ltd. | 48,458 | 2,080,511 |
Tessenderlo Group SA | 44,220 | 1,179,569 |
Van de Velde NV | 10,879 | 389,677 |
VGP NV | 19,398 | 2,128,543 |
Xior Student Housing NV | 60,488 | 1,665,883 |
52,422,430 | ||
Canada 20.6% | ||
Air Canada * | 336,989 | 4,501,965 |
Alamos Gold, Inc., Class A | 767,651 | 9,061,151 |
Algonquin Power & Utilities Corp. | 1,325,559 | 7,749,978 |
Allied Properties Real Estate Investment Trust | 253,277 | 3,172,615 |
AltaGas Ltd. | 539,632 | 11,573,631 |
ARC Resources Ltd. | 1,174,278 | 20,025,104 |
Aritzia, Inc. * | 172,152 | 4,555,266 |
Atco Ltd., Class I | 146,482 | 4,014,256 |
ATS Corp. * | 153,135 | 5,773,822 |
B2Gold Corp. | 2,528,325 | 6,095,494 |
Ballard Power Systems, Inc. * | 495,479 | 1,570,804 |
Bausch Health Cos., Inc. * | 612,221 | 5,764,045 |
Baytex Energy Corp. | 1,317,161 | 4,204,893 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
BlackBerry Ltd. * | 1,022,957 | 2,865,954 |
Boardwalk Real Estate Investment Trust | 71,686 | 4,018,348 |
Bombardier, Inc., Class B * | 164,676 | 5,968,572 |
Boralex, Inc., Class A | 159,033 | 3,497,589 |
Boyd Group Services, Inc. | 41,499 | 9,745,159 |
Brookfield Infrastructure Corp., Class A | 230,709 | 7,659,399 |
Brookfield Renewable Corp., Class A | 257,526 | 6,117,512 |
BRP, Inc. | 64,664 | 4,270,727 |
CAE, Inc. * | 571,186 | 10,671,179 |
Cameco Corp. | 836,331 | 33,913,227 |
Canada Goose Holdings, Inc. *(a) | 96,952 | 1,321,667 |
Canadian Apartment Properties REIT | 321,692 | 11,291,891 |
Canadian Western Bank | 190,876 | 4,079,696 |
Canfor Corp. * | 111,913 | 1,363,897 |
Capital Power Corp. | 224,981 | 6,361,206 |
Capstone Copper Corp. * | 845,208 | 4,436,820 |
Cargojet, Inc. | 16,408 | 1,339,520 |
Cascades, Inc. | 186,804 | 1,448,872 |
Celestica, Inc. * | 226,371 | 9,626,630 |
Centerra Gold, Inc. | 415,875 | 2,088,037 |
Chartwell Retirement Residences | 464,955 | 4,168,432 |
Choice Properties Real Estate Investment Trust | 488,104 | 4,818,603 |
CI Financial Corp. | 285,400 | 3,560,267 |
Cogeco Communications, Inc. | 17,637 | 776,556 |
Colliers International Group, Inc. | 60,340 | 7,025,839 |
Crescent Point Energy Corp. | 1,014,306 | 7,395,942 |
Cronos Group, Inc. *(a) | 385,980 | 808,186 |
Definity Financial Corp. | 143,663 | 4,860,615 |
Descartes Systems Group, Inc. * | 163,834 | 14,208,570 |
Dream Industrial Real Estate Investment Trust | 485,680 | 4,551,180 |
Dye & Durham Ltd. | 88,917 | 863,374 |
Eldorado Gold Corp. * | 356,141 | 3,704,906 |
Element Fleet Management Corp. | 760,792 | 12,704,640 |
Emera, Inc. | 532,338 | 18,681,969 |
Enerplus Corp. | 400,219 | 7,096,448 |
Enghouse Systems Ltd. | 86,262 | 2,256,479 |
Equinox Gold Corp. * | 504,472 | 2,053,073 |
Finning International, Inc. | 284,303 | 7,457,884 |
First Capital Real Estate Investment Trust | 407,251 | 4,665,964 |
First Majestic Silver Corp. | 548,082 | 2,468,965 |
First National Financial Corp. | 31,704 | 939,889 |
First Quantum Minerals Ltd. | 1,267,871 | 12,011,754 |
FirstService Corp. | 74,362 | 12,244,634 |
GFL Environmental, Inc. | 382,616 | 13,802,780 |
Gibson Energy, Inc. | 274,506 | 4,543,562 |
Gildan Activewear, Inc. | 334,620 | 11,659,337 |
Granite Real Estate Investment Trust | 115,574 | 6,141,054 |
H&R Real Estate Investment Trust | 496,677 | 3,255,398 |
Hudbay Minerals, Inc. | 438,918 | 2,585,582 |
iA Financial Corp., Inc. | 197,033 | 12,225,677 |
IAMGOLD Corp. * | 937,300 | 2,446,302 |
Innergex Renewable Energy, Inc. | 298,108 | 1,857,200 |
Ivanhoe Mines Ltd., Class A * | 1,096,596 | 11,666,517 |
Keyera Corp. | 441,019 | 10,856,803 |
Kinaxis, Inc. * | 53,875 | 5,587,890 |
Kinross Gold Corp. | 2,378,258 | 11,642,742 |
Laurentian Bank of Canada | 84,986 | 1,652,915 |
Lightspeed Commerce, Inc. * | 267,121 | 3,751,727 |
Linamar Corp. | 82,137 | 4,022,221 |
Lithium Americas Argentina Corp. *(a) | 191,692 | 945,493 |
Lithium Americas Corp. *(a) | 187,660 | 1,032,140 |
Lundin Gold, Inc. | 190,263 | 2,217,759 |
Lundin Mining Corp. | 1,318,923 | 10,433,917 |
Maple Leaf Foods, Inc. | 143,390 | 2,441,018 |
MEG Energy Corp. * | 555,628 | 11,900,316 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Methanex Corp. | 129,601 | 5,799,964 |
Mullen Group Ltd. | 160,973 | 1,780,215 |
North West Co., Inc. | 90,555 | 2,691,246 |
Northland Power, Inc. | 492,684 | 8,354,578 |
NorthWest Healthcare Properties Real Estate Investment Trust | 407,221 | 1,194,927 |
Novagold Resources, Inc. * | 465,645 | 1,150,080 |
Nuvei Corp. | 120,694 | 3,197,210 |
OceanaGold Corp. | 1,375,223 | 2,281,308 |
Onex Corp. | 128,341 | 9,563,479 |
Open Text Corp. | 519,281 | 19,981,034 |
Osisko Gold Royalties Ltd. | 356,098 | 5,203,570 |
Pan American Silver Corp. | 699,674 | 8,686,925 |
Paramount Resources Ltd., Class A | 148,182 | 3,252,389 |
Parex Resources, Inc. | 203,220 | 3,281,246 |
Parkland Corp. | 264,397 | 8,462,030 |
PrairieSky Royalty Ltd. | 410,726 | 7,337,259 |
Premium Brands Holdings Corp. | 71,759 | 4,747,252 |
Primaris Real Estate Investment Trust | 186,546 | 1,855,351 |
Primo Water Corp. | 303,140 | 4,925,871 |
Quebecor, Inc., Class B | 99,986 | 2,339,776 |
RB Global, Inc. | 349,669 | 26,396,291 |
RioCan Real Estate Investment Trust | 575,733 | 7,589,565 |
Russel Metals, Inc. | 117,289 | 3,845,498 |
SmartCentres Real Estate Investment Trust | 255,719 | 4,375,890 |
SNC-Lavalin Group, Inc. | 340,814 | 11,525,888 |
SSR Mining, Inc. | 394,377 | 1,692,243 |
Stantec, Inc. | 216,209 | 18,063,777 |
Stelco Holdings, Inc. | 82,597 | 2,457,175 |
Stella-Jones, Inc. | 110,980 | 6,243,060 |
Superior Plus Corp. | 340,325 | 2,396,213 |
TFI International, Inc. | 159,029 | 23,510,521 |
TMX Group Ltd. | 534,542 | 14,030,077 |
Topaz Energy Corp. | 179,039 | 2,645,292 |
Torex Gold Resources, Inc. * | 163,975 | 1,716,699 |
Toromont Industries Ltd. | 156,142 | 14,349,615 |
TransAlta Corp. | 532,075 | 3,652,168 |
Transcontinental, Inc., Class A | 139,645 | 1,476,396 |
Tricon Residential, Inc. | 474,176 | 5,275,420 |
Vermilion Energy, Inc. | 312,881 | 3,478,634 |
West Fraser Timber Co. Ltd. | 149,696 | 12,054,261 |
Westshore Terminals Investment Corp. | 83,940 | 1,573,159 |
Whitecap Resources, Inc. | 575,144 | 3,994,438 |
Winpak Ltd. | 61,298 | 1,820,840 |
WSP Global, Inc. | 227,310 | 36,102,127 |
812,492,402 | ||
Denmark 2.5% | ||
ALK-Abello AS * | 259,836 | 4,847,194 |
Alm Brand AS | 1,650,377 | 3,114,687 |
Ambu AS, Class B * | 352,101 | 6,164,566 |
Bavarian Nordic AS *(a) | 121,795 | 2,761,840 |
Chemometec AS | 30,424 | 2,165,098 |
D/S Norden AS | 42,279 | 1,901,490 |
Dfds AS | 61,977 | 1,873,265 |
FLSmidth & Co. AS (a) | 109,178 | 5,205,066 |
GN Store Nord AS * | 282,033 | 6,598,089 |
ISS AS | 296,251 | 5,332,974 |
Jyske Bank AS | 88,990 | 7,198,471 |
Netcompany Group AS *(a) | 64,490 | 2,763,737 |
NKT AS * | 104,078 | 7,826,663 |
NTG Nordic Transport Group AS, Class A * | 31,254 | 1,270,433 |
Ringkjoebing Landbobank AS | 52,653 | 9,035,008 |
Scandinavian Tobacco Group AS, A Shares | 105,966 | 1,947,548 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Schouw & Co. AS | 23,914 | 2,051,765 |
Spar Nord Bank AS | 150,923 | 2,659,880 |
Sydbank AS | 110,199 | 5,912,860 |
Topdanmark AS | 83,164 | 3,742,700 |
TORM PLC, Class A | 58,773 | 2,013,621 |
Zealand Pharma AS * | 113,140 | 10,906,168 |
97,293,123 | ||
Finland 1.3% | ||
Cargotec OYJ, B Shares | 84,691 | 5,728,025 |
Citycon OYJ | 149,589 | 637,475 |
Finnair OYJ * | 16,783,049 | 559,383 |
F-Secure OYJ | 208,634 | 398,716 |
Huhtamaki OYJ | 179,727 | 7,061,991 |
Kemira OYJ | 223,260 | 4,022,655 |
Kojamo OYJ | 318,388 | 3,531,573 |
Konecranes OYJ | 137,458 | 7,080,511 |
Metsa Board OYJ, B Shares | 329,401 | 2,475,624 |
Nokian Renkaat OYJ | 236,688 | 2,160,730 |
Outokumpu OYJ | 712,177 | 3,154,404 |
QT Group OYJ *(a) | 38,212 | 3,224,561 |
Raisio OYJ, V Shares | 219,756 | 458,971 |
Revenio Group OYJ | 44,698 | 1,254,717 |
Sanoma OYJ | 145,707 | 1,048,551 |
Terveystalo OYJ | 139,829 | 1,098,554 |
TietoEVRY OYJ | 199,436 | 4,653,073 |
Tokmanni Group Corp. | 92,528 | 1,567,022 |
YIT OYJ | 314,592 | 546,740 |
50,663,276 | ||
France 3.5% | ||
Air France-KLM * | 218,932 | 2,470,100 |
Altarea SCA | 7,505 | 548,204 |
Alten SA | 56,376 | 8,278,692 |
Antin Infrastructure Partners SA | 51,576 | 856,171 |
ARGAN SA | 18,975 | 1,581,103 |
Atos SE *(a) | 189,143 | 470,767 |
Believe SA * | 22,045 | 354,023 |
Beneteau SACA | 71,700 | 960,566 |
Boiron SA | 9,845 | 379,274 |
Bonduelle SCA | 25,589 | 274,142 |
Carmila SA | 111,735 | 1,791,947 |
CGG SA * | 1,390,071 | 589,672 |
Cie Plastic Omnium SE | 106,819 | 1,275,004 |
Clariane SE (a) | 139,014 | 298,612 |
Coface SA | 203,824 | 2,924,735 |
Derichebourg SA | 186,784 | 848,939 |
Elior Group SA * | 221,942 | 551,921 |
Elis SA | 333,107 | 7,605,956 |
Equasens | 7,346 | 373,228 |
Eramet SA | 18,600 | 1,256,993 |
Etablissements Maurel et Prom SA | 103,066 | 559,895 |
Euroapi SA * | 91,773 | 382,352 |
Eutelsat Communications SACA *(a) | 266,086 | 989,379 |
Fnac Darty SA | 19,156 | 569,237 |
Forvia SE * | 304,891 | 4,343,633 |
Gaztransport Et Technigaz SA | 67,529 | 10,449,944 |
GL Events SACA | 25,374 | 598,595 |
ICADE (a) | 63,080 | 1,886,763 |
ID Logistics Group SACA * | 4,944 | 1,760,200 |
Imerys SA | 76,165 | 2,410,019 |
Interparfums SA | 36,127 | 2,017,294 |
IPSOS SA | 73,583 | 5,132,016 |
Jacquet Metals SACA | 25,046 | 500,873 |
Lagardere SA | 29,913 | 663,592 |
LISI SA | 26,731 | 685,569 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Manitou BF SA | 22,917 | 548,072 |
Mercialys SA | 173,149 | 1,883,101 |
Mersen SA | 31,436 | 1,194,049 |
Metropole Television SA | 128,721 | 1,755,123 |
Nexans SA | 57,935 | 5,955,966 |
Nexity SA | 81,575 | 936,613 |
OVH Groupe SAS * | 51,927 | 533,832 |
Peugeot Invest | 9,933 | 1,109,297 |
Quadient SA | 65,599 | 1,382,846 |
Rubis SCA | 180,397 | 4,747,670 |
SES SA, Class A | 693,551 | 4,491,901 |
SMCP SA *(a) | 79,912 | 222,678 |
Societe BIC SA | 46,253 | 3,343,520 |
Sopra Steria Group | 27,827 | 7,130,758 |
SPIE SA | 249,267 | 8,302,732 |
Technip Energies NV | 261,780 | 5,702,533 |
Television Francaise 1 SA | 205,911 | 1,886,228 |
Trigano SA | 15,430 | 2,497,958 |
Vallourec SACA * | 316,359 | 4,803,143 |
Valneva SE *(a) | 196,402 | 651,849 |
Verallia SA | 134,236 | 4,968,013 |
Vetoquinol SA | 8,162 | 890,317 |
Vicat SACA | 29,932 | 1,146,639 |
Virbac SACA | 8,516 | 3,059,577 |
Voltalia SA *(a) | 74,096 | 570,903 |
VusionGroup * | 15,305 | 2,378,348 |
X-Fab Silicon Foundries SE * | 103,745 | 809,450 |
139,542,526 | ||
Germany 4.0% | ||
1&1 AG | 88,990 | 1,644,814 |
About You Holding SE * | 90,395 | 408,305 |
Adesso SE | 7,072 | 877,030 |
Adtran Networks SE * | 35,239 | 762,678 |
AIXTRON SE | 206,735 | 5,745,087 |
Aroundtown SA * | 1,319,207 | 2,325,528 |
Atoss Software AG | 7,449 | 1,926,564 |
Aurubis AG | 58,371 | 3,700,276 |
Auto1 Group SE * | 182,939 | 686,551 |
BayWa AG | 26,885 | 832,077 |
Befesa SA | 79,148 | 2,526,676 |
Bertrandt AG | 8,899 | 405,907 |
Bilfinger SE | 55,016 | 2,532,644 |
BRANICKS Group AG (a) | 105,564 | 141,881 |
CANCOM SE | 68,900 | 2,035,492 |
Ceconomy AG * | 372,112 | 804,960 |
CompuGroup Medical SE & Co. KGaA | 45,668 | 1,450,961 |
Dermapharm Holding SE | 33,329 | 1,330,151 |
Deutsche Beteiligungs AG | 27,476 | 752,249 |
Deutsche EuroShop AG | 23,568 | 478,457 |
Deutsche Pfandbriefbank AG (a) | 236,173 | 983,451 |
Deutz AG | 250,492 | 1,557,297 |
Duerr AG | 93,822 | 2,075,263 |
Eckert & Ziegler Strahlen- und Medizintechnik AG | 28,575 | 1,309,256 |
Elmos Semiconductor SE | 17,016 | 1,347,895 |
ElringKlinger AG | 52,603 | 295,437 |
Encavis AG * | 210,742 | 2,518,862 |
Energiekontor AG | 13,218 | 955,498 |
Evotec SE * | 304,664 | 4,497,002 |
flatexDEGIRO AG * | 166,947 | 1,746,638 |
Freenet AG | 229,695 | 6,199,199 |
Gerresheimer AG | 66,817 | 7,837,975 |
GFT Technologies SE | 33,390 | 1,164,928 |
Grand City Properties SA * | 195,521 | 1,822,789 |
Grenke AG (a) | 51,806 | 1,269,802 |
Hamburger Hafen und Logistik AG * | 48,933 | 868,427 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Hensoldt AG | 103,567 | 3,776,930 |
Hornbach Holding AG & Co. KGaA | 17,586 | 1,312,167 |
Hugo Boss AG | 109,291 | 7,436,773 |
Hypoport SE * | 8,433 | 1,756,712 |
Indus Holding AG | 37,150 | 912,583 |
Ionos SE * | 48,442 | 1,119,200 |
Jenoptik AG | 97,560 | 3,084,890 |
K&S AG | 364,557 | 5,089,121 |
Kloeckner & Co. SE | 140,450 | 985,642 |
Kontron AG | 79,657 | 1,837,802 |
Krones AG | 28,047 | 3,469,128 |
KWS Saat SE & Co. KGaA | 20,657 | 1,038,342 |
Lanxess AG | 168,898 | 4,267,750 |
METRO AG | 258,077 | 1,442,472 |
MorphoSys AG *(a) | 67,720 | 4,763,410 |
Nagarro SE *(a) | 17,164 | 1,528,643 |
New Work SE | 5,414 | 367,344 |
Nordex SE * | 267,872 | 3,050,964 |
Norma Group SE | 62,311 | 944,018 |
Patrizia SE | 83,131 | 664,806 |
PNE AG | 82,458 | 1,199,278 |
ProSiebenSat.1 Media SE (a) | 323,437 | 2,123,145 |
Redcare Pharmacy NV * | 15,267 | 2,310,488 |
Salzgitter AG | 73,063 | 1,873,844 |
Secunet Security Networks AG | 2,575 | 420,767 |
SGL Carbon SE *(a) | 99,398 | 651,835 |
Siltronic AG | 39,967 | 3,736,826 |
SMA Solar Technology AG * | 17,039 | 1,015,054 |
Stabilus SE | 47,911 | 3,162,661 |
STRATEC SE | 14,141 | 641,948 |
Stroeer SE & Co. KGaA | 61,355 | 3,435,959 |
Suedzucker AG | 114,585 | 1,621,897 |
Synlab AG | 151,081 | 2,032,210 |
TAG Immobilien AG * | 293,479 | 3,585,573 |
Takkt AG | 64,356 | 947,143 |
TeamViewer SE * | 260,142 | 4,107,271 |
Thyssenkrupp Nucera AG & Co. KGaA *(a) | 55,507 | 909,413 |
United Internet AG | 154,447 | 3,743,821 |
Varta AG *(a) | 40,411 | 658,804 |
Verbio SE | 39,148 | 799,409 |
Vitesco Technologies Group AG, Class A * | 15,660 | 1,262,512 |
Vossloh AG | 16,815 | 744,231 |
Wacker Neuson SE | 46,925 | 844,978 |
Wuestenrot & Wuerttembergische AG | 35,311 | 512,803 |
159,008,574 | ||
Hong Kong 0.6% | ||
Beijing Tong Ren Tang Chinese Medicine Co. Ltd. | 439,699 | 525,136 |
China Animal Healthcare Ltd. *(b) | 192,752 | 0 |
Chow Sang Sang Holdings International Ltd. | 482,381 | 594,596 |
CITIC Telecom International Holdings Ltd. | 2,761,052 | 1,050,983 |
C-Mer Eye Care Holdings Ltd. * | 828,233 | 322,669 |
Cowell e Holdings, Inc. * | 584,883 | 1,368,672 |
Everest Medicines Ltd. * | 202,120 | 623,493 |
Far East Consortium International Ltd. | 2,372,738 | 345,509 |
Fortune Real Estate Investment Trust | 2,673,132 | 1,539,933 |
Frontage Holdings Corp. * | 1,107,837 | 236,318 |
Giordano International Ltd. | 2,246,922 | 579,755 |
HKBN Ltd. | 1,514,390 | 624,806 |
Hong Kong Technology Venture Co. Ltd. * | 1,044,407 | 266,812 |
IGG, Inc. * | 1,611,059 | 755,235 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Jacobio Pharmaceuticals Group Co. Ltd. * | 738,959 | 222,760 |
Jinchuan Group International Resources Co. Ltd. | 9,730,172 | 820,293 |
JS Global Lifestyle Co. Ltd. | 2,291,500 | 418,563 |
K Wah International Holdings Ltd. | 2,430,068 | 645,634 |
Kingkey Financial International Holdings Ltd. *(a)(b) | 6,512,976 | 237,099 |
LK Technology Holdings Ltd. | 715,498 | 313,478 |
Luk Fook Holdings International Ltd. | 661,517 | 1,770,231 |
MH Development NPV *(b) | 459,925 | 0 |
Pacific Basin Shipping Ltd. | 9,108,661 | 2,664,372 |
Powerlong Real Estate Holdings Ltd. *(a) | 2,624,000 | 217,862 |
Prosperity REIT | 2,242,449 | 369,502 |
Realord Group Holdings Ltd. * | 672,416 | 456,935 |
Sa Sa International Holdings Ltd. * | 2,120,720 | 257,343 |
Shun Tak Holdings Ltd. * | 2,485,445 | 263,504 |
Sirnaomics Ltd. *(a) | 137,757 | 224,527 |
SmarTone Telecommunications Holdings Ltd. | 679,225 | 351,377 |
Stella International Holdings Ltd. | 836,500 | 1,145,422 |
Sun Hung Kai & Co. Ltd. | 1,086,818 | 316,517 |
SUNeVision Holdings Ltd. | 1,173,669 | 397,280 |
Sunlight Real Estate Investment Trust | 2,100,202 | 498,975 |
Superb Summit International Group Ltd. *(b) | 1,120,000 | 0 |
Texhong International Group Ltd. * | 560,500 | 273,491 |
Theme International Holdings Ltd. * | 9,907,569 | 506,211 |
United Laboratories International Holdings Ltd. | 1,890,728 | 2,052,829 |
Value Partners Group Ltd. | 1,828,900 | 399,476 |
Vobile Group Ltd. * | 2,928,720 | 673,372 |
VSTECS Holdings Ltd. | 1,296,928 | 679,211 |
25,010,181 | ||
Ireland 0.1% | ||
Dalata Hotel Group PLC | 430,814 | 2,102,587 |
Israel 1.3% | ||
AFI Properties Ltd. * | 10,583 | 486,832 |
Alony Hetz Properties & Investments Ltd. | 291,100 | 2,135,407 |
Ashdod Refinery Ltd. | 19,540 | 521,380 |
Ashtrom Group Ltd. | 74,855 | 1,226,066 |
AudioCodes Ltd. | 48,199 | 657,750 |
Camtek Ltd. * | 52,212 | 4,195,555 |
Cellcom Israel Ltd. * | 167,523 | 738,741 |
Clal Insurance Enterprises Holdings Ltd. * | 133,282 | 2,550,628 |
Danel Adir Yeoshua Ltd. | 9,253 | 924,108 |
Delek Automotive Systems Ltd. | 105,579 | 679,896 |
Delta Galil Ltd. | 18,324 | 864,485 |
Elco Ltd. | 18,718 | 679,730 |
Equital Ltd. * | 34,931 | 1,128,636 |
FIBI Holdings Ltd. | 33,377 | 1,509,235 |
Formula Systems 1985 Ltd. | 17,879 | 1,381,623 |
Fox Wizel Ltd. | 13,993 | 1,169,871 |
G City Ltd. * | 167,202 | 524,788 |
Gilat Satellite Networks Ltd. * | 59,504 | 354,365 |
Hilan Ltd. | 28,346 | 1,626,982 |
IDI Insurance Co. Ltd. | 15,462 | 511,706 |
Isracard Ltd. | 375,286 | 1,468,949 |
Israel Canada T.R Ltd. | 284,249 | 1,110,223 |
Kamada Ltd. * | 75,065 | 478,561 |
Kenon Holdings Ltd. | 42,370 | 1,082,502 |
Matrix IT Ltd. | 61,980 | 1,301,865 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Maytronics Ltd. | 88,787 | 974,479 |
Mega Or Holdings Ltd. | 38,733 | 1,008,993 |
Menora Mivtachim Holdings Ltd. | 41,400 | 1,157,637 |
Migdal Insurance & Financial Holdings Ltd. | 722,839 | 955,461 |
Naphtha Israel Petroleum Corp. Ltd. * | 58,833 | 315,118 |
Oil Refineries Ltd. | 4,665,115 | 1,920,069 |
One Software Technologies Ltd. | 80,791 | 1,109,304 |
Partner Communications Co. Ltd. * | 196,800 | 959,315 |
Paz Oil Co. Ltd. | 18,682 | 1,798,318 |
Perion Network Ltd. * | 82,369 | 1,873,805 |
Rami Levy Chain Stores Hashikma Marketing 2006 Ltd. | 14,540 | 893,993 |
Reit 1 Ltd. | 385,749 | 1,756,154 |
Sapiens International Corp. NV | 59,132 | 1,824,489 |
Sella Capital Real Estate Ltd. | 423,015 | 943,955 |
Shikun & Binui Ltd. * | 592,259 | 1,585,283 |
Shufersal Ltd. * | 508,440 | 3,621,546 |
Summit Real Estate Holdings Ltd. | 79,843 | 1,067,897 |
53,075,700 | ||
Italy 2.9% | ||
ACEA SpA | 82,032 | 1,219,713 |
Alerion Cleanpower SpA | 12,102 | 289,426 |
Anima Holding SpA | 424,611 | 1,915,167 |
Ariston Holding NV (a) | 205,042 | 1,217,046 |
Arnoldo Mondadori Editore SpA | 246,966 | 571,924 |
Azimut Holding SpA | 209,027 | 5,998,788 |
Banca Generali SpA | 105,896 | 3,914,579 |
Banca IFIS SpA | 45,478 | 827,288 |
Banca Monte dei Paschi di Siena SpA * | 1,434,533 | 5,867,998 |
Banca Popolare di Sondrio SpA | 702,482 | 5,256,722 |
BFF Bank SpA | 337,750 | 3,943,705 |
Biesse SpA | 25,028 | 329,342 |
BPER Banca | 2,050,145 | 8,222,002 |
Brembo SpA | 283,291 | 3,504,020 |
Brunello Cucinelli SpA | 65,622 | 7,882,429 |
Carel Industries SpA | 93,427 | 2,163,584 |
Cementir Holding NV | 105,269 | 1,061,705 |
Credito Emiliano SpA | 149,450 | 1,429,670 |
Danieli & C Officine Meccaniche SpA | 22,316 | 746,212 |
De' Longhi SpA | 132,817 | 4,090,498 |
doValue SpA | 114,317 | 256,076 |
El.En. SpA | 102,038 | 936,918 |
Enav SpA | 486,650 | 1,707,330 |
ERG SpA | 106,934 | 2,916,110 |
Fincantieri SpA *(a) | 814,340 | 428,722 |
Gruppo MutuiOnline SpA | 31,025 | 1,143,185 |
GVS SpA * | 128,969 | 892,511 |
Iren SpA | 1,241,317 | 2,447,477 |
Italmobiliare SpA | 27,047 | 856,116 |
Iveco Group NV * | 380,616 | 4,687,237 |
Juventus Football Club SpA *(a) | 177,179 | 498,413 |
Lottomatica Group SpA * | 118,333 | 1,421,401 |
Maire Tecnimont SpA | 316,041 | 1,812,621 |
MARR SpA | 42,567 | 521,443 |
MFE-MediaForEurope NV, Class A | 332,972 | 759,927 |
MFE-MediaForEurope NV, Class B | 108,155 | 341,757 |
Piaggio & C SpA | 328,253 | 1,099,758 |
RAI Way SpA | 186,516 | 968,824 |
Saipem SpA * | 2,037,755 | 3,706,869 |
Salcef Group SpA | 41,797 | 1,026,736 |
Salvatore Ferragamo SpA | 126,415 | 1,648,440 |
Sanlorenzo SpA | 26,341 | 1,177,253 |
Saras SpA | 1,212,951 | 2,294,417 |
Sesa SpA | 14,190 | 1,758,229 |
SOL SpA | 72,130 | 2,279,221 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Tamburi Investment Partners SpA | 190,909 | 1,842,803 |
Technogym SpA | 259,752 | 2,470,787 |
Tinexta SpA | 38,202 | 761,902 |
Tod's SpA *(a) | 16,744 | 780,227 |
Unipol Gruppo SpA | 830,307 | 6,677,779 |
Webuild SpA | 595,750 | 1,263,595 |
Zignago Vetro SpA | 34,868 | 493,540 |
112,329,442 | ||
Japan 18.8% | ||
77 Bank Ltd. | 133,886 | 3,520,020 |
Abalance Corp. (a) | 21,588 | 290,494 |
Adastria Co. Ltd. | 50,839 | 1,158,288 |
ADEKA Corp. | 191,664 | 3,949,300 |
Advance Logistics Investment Corp. | 1,287 | 1,011,233 |
Aeon Delight Co. Ltd. | 33,722 | 770,557 |
Aeon Hokkaido Corp. (a) | 101,943 | 605,514 |
Ai Holdings Corp. | 68,644 | 1,086,049 |
Aichi Corp. | 48,296 | 350,434 |
Aichi Financial Group, Inc. | 90,881 | 1,644,322 |
Aichi Steel Corp. | 21,922 | 522,162 |
Aida Engineering Ltd. | 106,755 | 613,412 |
Aiful Corp. | 563,690 | 1,562,981 |
Aiphone Co. Ltd. | 23,207 | 437,564 |
Aisan Industry Co. Ltd. | 57,547 | 599,808 |
Akita Bank Ltd. | 35,504 | 501,473 |
Alconix Corp. | 51,316 | 492,691 |
Alpen Co. Ltd. | 29,162 | 385,787 |
Altech Corp. | 35,440 | 689,052 |
Anest Iwata Corp. | 62,229 | 567,948 |
Anicom Holdings, Inc. | 156,920 | 612,289 |
AOKI Holdings, Inc. | 71,873 | 536,394 |
Aoyama Trading Co. Ltd. | 86,044 | 935,923 |
Appier Group, Inc. * | 155,980 | 1,953,007 |
Arata Corp. | 48,488 | 1,086,906 |
ARCLANDS Corp. (a) | 99,454 | 1,117,670 |
Arcs Co. Ltd. | 67,231 | 1,390,258 |
ARE Holdings, Inc. | 139,198 | 1,801,473 |
Argo Graphics, Inc. | 28,020 | 804,075 |
Arisawa Manufacturing Co. Ltd. | 51,900 | 399,818 |
Artience Co. Ltd. | 65,275 | 1,240,779 |
Asahi Diamond Industrial Co. Ltd. | 93,731 | 570,515 |
Asahi Yukizai Corp. | 22,321 | 642,025 |
Asanuma Corp. | 23,540 | 691,243 |
ASKA Pharmaceutical Holdings Co. Ltd. | 40,463 | 564,216 |
Atom Corp. * | 223,939 | 1,370,536 |
Autobacs Seven Co. Ltd. | 111,747 | 1,250,593 |
Avant Group Corp. | 40,645 | 371,500 |
Avex, Inc. | 64,784 | 563,998 |
Awa Bank Ltd. | 66,233 | 1,197,920 |
Axial Retailing, Inc. | 26,535 | 707,387 |
Bando Chemical Industries Ltd. | 79,566 | 908,521 |
Bank of Iwate Ltd. | 30,361 | 536,952 |
Bank of Nagoya Ltd. | 29,546 | 1,306,838 |
Bank of Saga Ltd. | 17,800 | 243,684 |
Bank of the Ryukyus Ltd. | 76,556 | 588,223 |
Base Co. Ltd. | 32,306 | 730,646 |
Belc Co. Ltd. | 18,033 | 765,080 |
Bell System24 Holdings, Inc. | 62,234 | 707,705 |
Belluna Co. Ltd. | 92,419 | 382,841 |
BML, Inc. | 35,391 | 664,926 |
Broadleaf Co. Ltd. | 162,866 | 603,933 |
BRONCO BILLY Co. Ltd. | 17,280 | 384,462 |
Bunka Shutter Co. Ltd. | 88,531 | 929,851 |
C Uyemura & Co. Ltd. | 20,877 | 1,651,525 |
Canon Electronics, Inc. | 34,896 | 525,993 |
Carta Holdings, Inc. | 38,347 | 374,067 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Cawachi Ltd. | 23,369 | 432,499 |
Central Glass Co. Ltd. | 43,276 | 828,394 |
Change Holdings, Inc. (a) | 61,650 | 602,619 |
Chilled & Frozen Logistics Holdings Co. Ltd. | 40,952 | 501,537 |
Chiyoda Corp. * | 296,631 | 786,814 |
Chiyoda Integre Co. Ltd. | 21,266 | 371,697 |
Chofu Seisakusho Co. Ltd. | 33,480 | 463,043 |
Chori Co. Ltd. | 22,310 | 474,760 |
Chubu Shiryo Co. Ltd. | 51,298 | 419,172 |
Chubu Steel Plate Co. Ltd. | 45,228 | 743,677 |
Chudenko Corp. | 49,644 | 968,534 |
Chugoku Marine Paints Ltd. | 83,959 | 1,211,675 |
CI Takiron Corp. | 75,000 | 325,717 |
Citizen Watch Co. Ltd. | 394,868 | 2,749,064 |
CKD Corp. | 114,150 | 2,341,421 |
CMK Corp. | 89,671 | 372,056 |
COLOPL, Inc. | 96,565 | 367,111 |
Colowide Co. Ltd. | 133,790 | 2,002,336 |
Comforia Residential REIT, Inc. | 1,322 | 2,532,354 |
Computer Engineering & Consulting Ltd. | 48,316 | 603,668 |
Comture Corp. | 43,674 | 530,204 |
Cosel Co. Ltd. | 39,800 | 409,248 |
CRE Logistics REIT, Inc. | 1,182 | 1,125,376 |
Create Restaurants Holdings, Inc. (a) | 195,822 | 1,372,468 |
Create SD Holdings Co. Ltd. | 41,812 | 919,099 |
CTI Engineering Co. Ltd. | 20,620 | 800,442 |
Curves Holdings Co. Ltd. | 118,670 | 569,286 |
Cybozu, Inc. | 47,192 | 583,003 |
Dai Nippon Toryo Co. Ltd. | 47,540 | 365,277 |
Dai-Dan Co. Ltd. | 50,752 | 629,695 |
Daido Metal Co. Ltd. | 77,465 | 289,840 |
Daiei Kankyo Co. Ltd. | 72,792 | 1,362,753 |
Daihen Corp. | 38,058 | 2,003,722 |
Daiho Corp. | 15,280 | 321,587 |
Daiichi Jitsugyo Co. Ltd. | 51,720 | 687,319 |
Daiki Aluminium Industry Co. Ltd. | 52,504 | 416,749 |
Daikoku Denki Co. Ltd. (a) | 19,920 | 537,029 |
Daikokutenbussan Co. Ltd. | 9,873 | 618,753 |
Daikyonishikawa Corp. | 112,845 | 566,977 |
Dainichiseika Color & Chemicals Manufacturing Co. Ltd. | 23,973 | 433,747 |
Daiseki Co. Ltd. | 85,251 | 2,258,437 |
Daishi Hokuetsu Financial Group, Inc. | 81,721 | 2,353,294 |
Daito Pharmaceutical Co. Ltd. | 26,648 | 370,156 |
Daiwa Industries Ltd. | 50,607 | 481,488 |
Daiwabo Holdings Co. Ltd. | 172,030 | 3,014,289 |
DCM Holdings Co. Ltd. | 169,869 | 1,636,608 |
Demae-Can Co. Ltd. *(a) | 141,160 | 365,939 |
Denyo Co. Ltd. | 26,703 | 415,701 |
Dexerials Corp. | 87,591 | 3,526,581 |
Digital Arts, Inc. | 18,891 | 559,144 |
Digital Garage, Inc. | 61,599 | 1,430,190 |
Dip Corp. | 39,359 | 688,723 |
DKK Co. Ltd. | 17,876 | 252,010 |
Doshisha Co. Ltd. | 41,182 | 578,920 |
Doutor Nichires Holdings Co. Ltd. | 49,176 | 676,839 |
DTS Corp. | 73,667 | 1,981,090 |
Duskin Co. Ltd. | 75,815 | 1,703,013 |
DyDo Group Holdings, Inc. | 30,508 | 638,004 |
Eagle Industry Co. Ltd. | 52,031 | 613,581 |
Earth Corp. | 28,377 | 801,996 |
EDION Corp. | 154,842 | 1,590,113 |
eGuarantee, Inc. | 59,373 | 783,468 |
Ehime Bank Ltd. | 63,945 | 478,081 |
Eiken Chemical Co. Ltd. | 60,456 | 762,617 |
Eizo Corp. | 36,589 | 1,261,437 |
Elan Corp. | 62,242 | 396,316 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Elecom Co. Ltd. | 81,911 | 876,191 |
Elematec Corp. | 30,490 | 387,262 |
EM Systems Co. Ltd. | 70,541 | 338,401 |
en Japan, Inc. | 51,886 | 873,953 |
Enplas Corp. (a) | 12,888 | 715,569 |
eRex Co. Ltd. (a) | 68,594 | 330,894 |
ES-Con Japan Ltd. * | 74,123 | 497,719 |
ESCON Japan Reit Investment Corp. | 612 | 471,870 |
ESPEC Corp. | 35,941 | 671,177 |
euglena Co. Ltd. * | 171,407 | 705,463 |
Exedy Corp. | 54,267 | 1,091,359 |
FCC Co. Ltd. | 66,292 | 937,664 |
Ferrotec Holdings Corp. | 89,020 | 1,777,783 |
FIDEA Holdings Co. Ltd. | 35,369 | 383,536 |
Financial Partners Group Co. Ltd. | 110,175 | 1,403,780 |
Fixstars Corp. | 39,578 | 509,038 |
France Bed Holdings Co. Ltd. (a) | 60,751 | 544,717 |
Fudo Tetra Corp. | 15,400 | 220,191 |
Fuji Co. Ltd. | 61,658 | 778,604 |
Fuji Corp. | 163,410 | 2,812,482 |
Fuji Seal International, Inc. | 77,659 | 1,051,746 |
Fuji Soft, Inc. | 79,652 | 3,395,335 |
Fujibo Holdings, Inc. | 21,054 | 629,496 |
Fujicco Co. Ltd. | 41,462 | 541,580 |
Fujimi, Inc. | 111,100 | 2,787,335 |
Fujimori Kogyo Co. Ltd. | 29,138 | 755,365 |
Fujio Food Group, Inc. * | 50,801 | 470,097 |
Fujita Kanko, Inc. * | 15,091 | 616,062 |
Fujitec Co. Ltd. (a) | 145,928 | 3,753,744 |
Fujiya Co. Ltd. | 21,376 | 352,196 |
Fukuda Corp. | 9,576 | 341,017 |
Fukui Bank Ltd. | 43,809 | 554,089 |
Fukuoka REIT Corp. | 1,404 | 1,554,372 |
Fukushima Galilei Co. Ltd. | 21,833 | 831,483 |
Fukuyama Transporting Co. Ltd. | 56,835 | 1,547,422 |
FULLCAST Holdings Co. Ltd. | 37,615 | 385,776 |
Funai Soken Holdings, Inc. | 59,106 | 993,591 |
Furukawa Co. Ltd. | 59,886 | 708,213 |
Furuno Electric Co. Ltd. | 47,023 | 712,555 |
Furuya Metal Co. Ltd. | 8,480 | 577,911 |
Fuso Chemical Co. Ltd. | 37,404 | 1,209,563 |
Futaba Industrial Co. Ltd. | 112,605 | 805,020 |
Future Corp. | 64,885 | 729,181 |
Gakken Holdings Co. Ltd. | 55,428 | 362,187 |
Genky DrugStores Co. Ltd. | 15,921 | 711,642 |
Geo Holdings Corp. | 45,793 | 592,644 |
giftee, Inc. * | 38,761 | 358,423 |
Giken Ltd. | 28,159 | 379,668 |
Global One Real Estate Investment Corp. | 1,979 | 1,408,188 |
GLOBERIDE, Inc. | 37,843 | 504,422 |
Glory Ltd. | 91,028 | 1,775,615 |
GMO Financial Holdings, Inc. | 87,600 | 423,748 |
Godo Steel Ltd. | 16,900 | 672,974 |
Goldcrest Co. Ltd. | 29,562 | 451,321 |
Gree, Inc. | 134,185 | 445,580 |
gremz, Inc. | 30,009 | 407,418 |
G-Tekt Corp. | 41,150 | 561,424 |
Gunma Bank Ltd. | 753,513 | 4,066,866 |
Gunze Ltd. | 29,720 | 1,115,964 |
H.U. Group Holdings, Inc. | 101,176 | 1,737,304 |
H2O Retailing Corp. | 156,069 | 1,823,777 |
Hakuto Co. Ltd. | 20,265 | 800,201 |
Halows Co. Ltd. | 16,364 | 505,122 |
Hamakyorex Co. Ltd. | 30,268 | 763,424 |
Hankyu Hanshin REIT, Inc. | 1,304 | 1,184,900 |
Hanwa Co. Ltd. | 71,726 | 2,726,805 |
Happinet Corp. | 30,143 | 637,420 |
Hazama Ando Corp. | 296,947 | 2,450,254 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Health Care & Medical Investment Corp. | 654 | 568,924 |
Heiwa Real Estate Co. Ltd. | 61,143 | 1,601,393 |
Heiwa Real Estate REIT, Inc. | 1,910 | 1,730,447 |
Heiwado Co. Ltd. (a) | 57,547 | 790,901 |
Hibiya Engineering Ltd. | 31,326 | 530,577 |
Hiday Hidaka Corp. | 52,599 | 928,838 |
HI-LEX Corp. | 51,909 | 589,946 |
Hioki EE Corp. | 17,621 | 794,693 |
Hirata Corp. | 16,062 | 871,407 |
HIS Co. Ltd. * | 79,203 | 905,963 |
Hitachi Zosen Corp. | 317,545 | 2,609,610 |
Hochiki Corp. | 28,060 | 414,704 |
Hogy Medical Co. Ltd. | 35,370 | 853,115 |
Hokkaido Electric Power Co., Inc. | 336,024 | 1,540,138 |
Hokkaido Gas Co. Ltd. | 21,632 | 322,738 |
Hokkoku Financial Holdings, Inc. | 38,152 | 1,232,478 |
Hokuetsu Corp. (a) | 257,928 | 2,559,117 |
Hokuhoku Financial Group, Inc. | 238,058 | 2,743,703 |
Hokuriku Electric Power Co. * | 334,212 | 1,617,357 |
Hokuto Corp. | 38,600 | 464,479 |
Honeys Holdings Co. Ltd. | 29,740 | 330,246 |
Hoosiers Holdings Co. Ltd. | 48,480 | 355,656 |
Hoshino Resorts REIT, Inc. | 499 | 1,833,701 |
Hosiden Corp. | 98,762 | 1,282,118 |
Hosokawa Micron Corp. | 21,252 | 673,044 |
Hulic Reit, Inc. (a) | 2,471 | 2,417,013 |
Hyakugo Bank Ltd. | 394,099 | 1,740,492 |
Hyakujushi Bank Ltd. | 49,908 | 937,338 |
Ichibanya Co. Ltd. | 156,365 | 1,288,154 |
Ichigo Office REIT Investment Corp. | 2,227 | 1,166,545 |
Ichigo, Inc. | 367,119 | 956,614 |
Ichikoh Industries Ltd. | 112,617 | 413,839 |
Ichiyoshi Securities Co. Ltd. | 66,524 | 356,910 |
Icom, Inc. | 17,672 | 405,581 |
Idec Corp. | 48,820 | 927,342 |
IDOM, Inc. | 103,599 | 627,118 |
Iino Kaiun Kaisha Ltd. | 158,860 | 1,360,717 |
I'll, Inc. | 34,202 | 882,072 |
Inaba Denki Sangyo Co. Ltd. | 101,209 | 2,390,418 |
Inabata & Co. Ltd. | 73,821 | 1,575,854 |
Inageya Co. Ltd. | 45,967 | 394,038 |
Ines Corp. | 35,631 | 374,950 |
Infocom Corp. | 39,777 | 609,133 |
Infomart Corp. | 397,335 | 1,128,265 |
Insource Co. Ltd. | 78,919 | 464,540 |
Integrated Design & Engineering Holdings Co. Ltd. | 27,023 | 665,329 |
Iriso Electronics Co. Ltd. | 38,650 | 782,451 |
Ishihara Sangyo Kaisha Ltd. | 65,715 | 652,891 |
Istyle, Inc. * | 126,223 | 400,587 |
Itochu Enex Co. Ltd. | 87,209 | 890,910 |
Itochu-Shokuhin Co. Ltd. | 9,440 | 476,825 |
J Trust Co. Ltd. (a) | 185,964 | 519,362 |
JAC Recruitment Co. Ltd. | 105,088 | 538,535 |
Jaccs Co. Ltd. | 47,557 | 1,734,892 |
JAFCO Group Co. Ltd. | 97,652 | 1,173,103 |
Japan Elevator Service Holdings Co. Ltd. | 135,126 | 2,171,297 |
Japan Excellent, Inc. | 2,404 | 1,896,923 |
Japan Lifeline Co. Ltd. | 126,691 | 1,107,181 |
Japan Material Co. Ltd. | 109,829 | 1,866,073 |
Japan Petroleum Exploration Co. Ltd. | 54,519 | 2,218,352 |
Japan Pulp & Paper Co. Ltd. | 20,203 | 693,816 |
Japan Securities Finance Co. Ltd. | 159,120 | 1,729,727 |
Japan Transcity Corp. | 92,389 | 382,099 |
Japan Wool Textile Co. Ltd. | 120,353 | 1,104,060 |
JCU Corp. | 39,322 | 1,125,775 |
JINS Holdings, Inc. | 27,561 | 757,757 |
JM Holdings Co. Ltd. | 26,327 | 458,572 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
J-Oil Mills, Inc. | 33,477 | 437,055 |
Joshin Denki Co. Ltd. | 36,572 | 572,270 |
Joyful Honda Co. Ltd. | 109,604 | 1,528,319 |
JSB Co. Ltd. | 22,104 | 401,851 |
Juroku Financial Group, Inc. | 64,455 | 1,914,228 |
JVCKenwood Corp. | 288,937 | 1,602,310 |
K&O Energy Group, Inc. | 26,940 | 431,630 |
Kaga Electronics Co. Ltd. | 32,513 | 1,442,415 |
Kaken Pharmaceutical Co. Ltd. | 61,084 | 1,449,250 |
Kameda Seika Co. Ltd. | 26,562 | 778,208 |
Kamei Corp. | 41,526 | 525,491 |
Kanamoto Co. Ltd. | 52,259 | 1,001,395 |
Kanematsu Corp. | 158,772 | 2,532,163 |
Kanto Denka Kogyo Co. Ltd. | 85,759 | 520,272 |
Kappa Create Co. Ltd. * | 44,931 | 498,933 |
Katakura Industries Co. Ltd. | 37,950 | 455,897 |
Kato Sangyo Co. Ltd. | 38,090 | 1,233,020 |
Kawada Technologies, Inc. | 7,824 | 470,475 |
KeePer Technical Laboratory Co. Ltd. | 22,047 | 945,692 |
Keihanshin Building Co. Ltd. | 64,395 | 645,370 |
Keiyo Bank Ltd. | 205,458 | 1,029,555 |
Key Coffee, Inc. | 30,667 | 420,245 |
KFC Holdings Japan Ltd. | 27,764 | 785,599 |
KH Neochem Co. Ltd. | 67,964 | 1,022,616 |
Kintetsu Department Store Co. Ltd. | 16,696 | 265,271 |
Kisoji Co. Ltd. | 43,788 | 795,481 |
Kissei Pharmaceutical Co. Ltd. | 60,402 | 1,370,113 |
Ki-Star Real Estate Co. Ltd. | 14,388 | 346,073 |
Kitz Corp. | 148,574 | 1,247,795 |
Kiyo Bank Ltd. | 117,427 | 1,461,659 |
Koa Corp. | 56,747 | 576,683 |
Kohnan Shoji Co. Ltd. | 44,929 | 1,262,287 |
Komatsu Matere Co. Ltd. | 67,052 | 344,511 |
KOMEDA Holdings Co. Ltd. | 60,711 | 1,106,971 |
Komehyo Holdings Co. Ltd. (a) | 21,588 | 523,581 |
Komeri Co. Ltd. | 48,914 | 1,140,575 |
Komori Corp. | 84,368 | 723,782 |
Konishi Co. Ltd. | 89,386 | 869,553 |
Konoike Transport Co. Ltd. | 55,304 | 685,804 |
Kosaido Holdings Co. Ltd. | 164,300 | 754,153 |
Koshidaka Holdings Co. Ltd. | 86,904 | 542,315 |
KPP Group Holdings Co. Ltd. | 88,080 | 380,168 |
Krosaki Harima Corp. | 7,740 | 750,884 |
Kumagai Gumi Co. Ltd. | 64,511 | 1,704,690 |
Kumiai Chemical Industry Co. Ltd. | 180,021 | 992,299 |
Kura Sushi, Inc. | 37,766 | 1,003,006 |
Kurabo Industries Ltd. | 33,199 | 705,371 |
Kureha Corp. | 95,514 | 1,709,641 |
Kurimoto Ltd. | 23,000 | 509,421 |
KYB Corp. | 37,249 | 1,279,213 |
Kyodo Printing Co. Ltd. | 12,700 | 268,137 |
Kyoei Steel Ltd. | 42,124 | 683,632 |
Kyokuto Kaihatsu Kogyo Co. Ltd. | 58,059 | 966,292 |
Kyokuyo Co. Ltd. | 17,722 | 422,122 |
Kyorin Pharmaceutical Co. Ltd. | 70,325 | 836,833 |
Kyoritsu Maintenance Co. Ltd. | 47,075 | 1,989,058 |
LEC, Inc. | 42,516 | 312,755 |
Leopalace21 Corp. * | 435,253 | 1,334,811 |
Life Corp. | 38,981 | 1,002,718 |
Link & Motivation, Inc. | 80,100 | 330,204 |
Lintec Corp. | 89,372 | 1,812,280 |
LITALICO, Inc. | 35,706 | 526,751 |
M&A Capital Partners Co. Ltd. | 24,373 | 433,656 |
Macromill, Inc. | 72,201 | 366,625 |
Maeda Kosen Co. Ltd. | 37,380 | 866,631 |
Makino Milling Machine Co. Ltd. | 37,852 | 1,476,954 |
Management Solutions Co. Ltd. | 30,972 | 623,910 |
Mandom Corp. | 69,839 | 624,337 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Mars Group Holdings Corp. | 22,100 | 454,049 |
Marudai Food Co. Ltd. | 39,329 | 437,252 |
Maruha Nichiro Corp. | 66,223 | 1,308,576 |
MARUKA FURUSATO Corp. | 29,250 | 440,695 |
Marusan Securities Co. Ltd. | 107,449 | 747,340 |
Maruwa Co. Ltd. | 15,441 | 3,517,994 |
Maruzen Showa Unyu Co. Ltd. | 29,049 | 863,687 |
Marvelous, Inc. | 59,112 | 286,733 |
Matsuda Sangyo Co. Ltd. | 24,734 | 387,032 |
Matsuya Co. Ltd. | 75,152 | 486,552 |
Matsuyafoods Holdings Co. Ltd. | 15,662 | 612,165 |
Max Co. Ltd. | 72,987 | 1,553,174 |
Maxell Ltd. | 70,801 | 736,062 |
MCJ Co. Ltd. | 121,209 | 1,103,814 |
MEC Co. Ltd. | 25,398 | 752,590 |
Medley, Inc. * | 41,564 | 1,402,407 |
Megachips Corp. | 28,207 | 786,826 |
Megmilk Snow Brand Co. Ltd. | 79,645 | 1,196,777 |
Meidensha Corp. | 77,631 | 1,375,024 |
Meiko Electronics Co. Ltd. | 36,919 | 1,208,680 |
Meisei Industrial Co. Ltd. | 90,133 | 749,151 |
MEITEC Group Holdings, Inc. | 148,284 | 2,997,978 |
METAWATER Co. Ltd. | 41,062 | 633,749 |
Micronics Japan Co. Ltd. | 62,837 | 3,157,174 |
Mie Kotsu Group Holdings, Inc. | 116,365 | 468,819 |
Milbon Co. Ltd. | 35,700 | 769,242 |
Mimasu Semiconductor Industry Co. Ltd. | 28,928 | 614,626 |
Mirai Corp. | 3,157 | 932,314 |
Mirait One Corp. | 141,503 | 1,764,651 |
Mirarth Holdings, Inc. | 178,366 | 581,563 |
Miroku Jyoho Service Co. Ltd. | 33,673 | 431,965 |
Mitani Sekisan Co. Ltd. | 19,647 | 727,229 |
Mitsuba Corp. | 68,680 | 666,747 |
Mitsubishi Estate Logistics REIT Investment Corp. | 927 | 2,164,672 |
Mitsubishi Logisnext Co. Ltd. | 124,855 | 1,381,438 |
Mitsubishi Pencil Co. Ltd. | 81,767 | 1,297,499 |
Mitsubishi Research Institute, Inc. | 12,064 | 406,244 |
Mitsubishi Shokuhin Co. Ltd. | 30,729 | 1,104,577 |
Mitsuboshi Belting Ltd. | 37,047 | 1,228,959 |
Mitsui DM Sugar Holdings Co. Ltd. | 30,887 | 666,567 |
Mitsui E&S Co. Ltd. | 158,025 | 1,946,937 |
Mitsui-Soko Holdings Co. Ltd. | 41,650 | 1,309,302 |
Mitsuuroko Group Holdings Co. Ltd. | 80,459 | 761,208 |
MIXI, Inc. | 75,800 | 1,250,419 |
Miyazaki Bank Ltd. | 27,692 | 524,903 |
Mizuho Leasing Co. Ltd. | 80,981 | 2,975,850 |
Mizuno Corp. | 36,783 | 1,292,701 |
Mochida Pharmaceutical Co. Ltd. | 44,423 | 970,557 |
Modec, Inc. | 38,290 | 780,280 |
Monex Group, Inc. | 338,143 | 2,087,553 |
Monogatari Corp. | 53,375 | 1,665,406 |
Mori Trust Reit, Inc. | 4,861 | 2,263,725 |
Moriroku Holdings Co. Ltd. | 14,800 | 266,987 |
Morita Holdings Corp. | 75,339 | 797,837 |
MOS Food Services, Inc. | 47,342 | 1,130,805 |
Musashi Seimitsu Industry Co. Ltd. | 86,825 | 968,203 |
Musashino Bank Ltd. | 60,861 | 1,178,834 |
Nachi-Fujikoshi Corp. | 33,418 | 765,843 |
Nafco Co. Ltd. | 35,340 | 595,021 |
Nagaileben Co. Ltd. | 47,378 | 706,222 |
Nagatanien Holdings Co. Ltd. | 21,166 | 313,665 |
Nagawa Co. Ltd. | 18,814 | 927,690 |
Nakanishi, Inc. | 135,852 | 2,174,794 |
Nanto Bank Ltd. | 59,235 | 1,133,091 |
NEC Capital Solutions Ltd. | 15,164 | 387,535 |
Neturen Co. Ltd. | 66,527 | 466,716 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Nextage Co. Ltd. | 73,455 | 1,198,975 |
Nichias Corp. | 106,277 | 2,790,597 |
Nichicon Corp. | 118,580 | 970,539 |
Nichiden Corp. | 23,254 | 404,269 |
Nichiha Corp. | 54,833 | 1,273,099 |
Nichireki Co. Ltd. | 42,669 | 682,214 |
Nihon Parkerizing Co. Ltd. | 175,425 | 1,467,442 |
Nikkiso Co. Ltd. | 106,760 | 893,768 |
Nikkon Holdings Co. Ltd. | 98,510 | 2,024,566 |
Nippn Corp. | 96,792 | 1,537,859 |
Nippon Carbon Co. Ltd. | 18,689 | 651,811 |
Nippon Ceramic Co. Ltd. | 30,328 | 549,134 |
Nippon Chemi-Con Corp. * | 40,048 | 365,240 |
Nippon Denko Co. Ltd. | 176,925 | 354,630 |
Nippon Densetsu Kogyo Co. Ltd. | 66,545 | 899,449 |
Nippon Fine Chemical Co. Ltd. | 26,222 | 457,794 |
Nippon Gas Co. Ltd. | 203,392 | 3,186,706 |
Nippon Kanzai Holdings Co. Ltd. | 34,227 | 588,173 |
Nippon Light Metal Holdings Co. Ltd. | 116,203 | 1,341,610 |
Nippon Paper Industries Co. Ltd. * | 183,719 | 1,400,570 |
Nippon Parking Development Co. Ltd., Class C | 238,756 | 298,305 |
Nippon Pillar Packing Co. Ltd. | 30,716 | 1,128,737 |
NIPPON REIT Investment Corp. | 855 | 1,873,722 |
Nippon Road Co. Ltd. | 33,212 | 448,685 |
Nippon Seiki Co. Ltd. | 91,731 | 946,912 |
Nippon Sheet Glass Co. Ltd. * | 179,019 | 631,536 |
Nippon Signal Company Ltd. | 110,775 | 753,451 |
Nippon Soda Co. Ltd. | 48,952 | 2,008,187 |
Nippon Thompson Co. Ltd. | 124,852 | 544,721 |
Nippon Yakin Kogyo Co. Ltd. (a) | 25,313 | 794,889 |
Nishimatsu Construction Co. Ltd. | 52,412 | 1,590,184 |
Nishimatsuya Chain Co. Ltd. | 82,987 | 1,243,668 |
Nishi-Nippon Financial Holdings, Inc. | 276,600 | 3,494,692 |
Nishio Holdings Co. Ltd. | 30,212 | 784,216 |
Nissan Shatai Co. Ltd. | 129,641 | 833,264 |
Nissei ASB Machine Co. Ltd. | 15,307 | 466,359 |
Nissha Co. Ltd. | 70,843 | 708,099 |
Nisshin Oillio Group Ltd. | 44,363 | 1,547,236 |
Nisshinbo Holdings, Inc. | 254,537 | 2,129,220 |
Nissin Corp. | 20,552 | 389,152 |
Nissui Corp. | 558,176 | 3,552,605 |
Nitta Corp. | 34,895 | 873,133 |
Nittetsu Mining Co. Ltd. | 24,779 | 827,788 |
Nitto Boseki Co. Ltd. | 51,672 | 1,922,984 |
Nitto Kogyo Corp. | 47,763 | 1,464,770 |
Nittoku Co. Ltd. | 29,840 | 378,009 |
Nohmi Bosai Ltd. | 42,425 | 627,574 |
Nojima Corp. | 124,986 | 1,407,105 |
Nomura Co. Ltd. | 149,056 | 848,505 |
Nomura Micro Science Co. Ltd. | 14,242 | 1,817,480 |
Noritake Co. Ltd. | 25,534 | 1,424,527 |
Noritsu Koki Co. Ltd. | 40,337 | 865,115 |
Noritz Corp. | 63,937 | 718,528 |
North Pacific Bank Ltd. | 531,380 | 1,416,587 |
NPR-RIKEN Corp. | 53,668 | 1,079,312 |
NS United Kaiun Kaisha Ltd. | 18,927 | 671,493 |
NSD Co. Ltd. | 128,472 | 2,450,642 |
NTN Corp. | 806,129 | 1,709,530 |
NTT UD REIT Investment Corp. | 2,608 | 2,068,348 |
Obara Group, Inc. | 19,407 | 490,783 |
Ogaki Kyoritsu Bank Ltd. | 75,426 | 1,073,411 |
Ohsho Food Service Corp. | 20,221 | 1,059,215 |
Oiles Corp. | 52,303 | 719,878 |
Oisix ra daichi, Inc. *(a) | 46,632 | 430,272 |
Oita Bank Ltd. | 27,872 | 518,259 |
Okabe Co. Ltd. | 72,249 | 363,490 |
Okamoto Industries, Inc. | 24,468 | 792,059 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Okamura Corp. | 132,637 | 1,939,884 |
Okasan Securities Group, Inc. | 377,510 | 1,967,380 |
Oki Electric Industry Co. Ltd. | 161,069 | 1,152,568 |
Okinawa Cellular Telephone Co. | 41,488 | 999,293 |
Okinawa Electric Power Co., Inc. | 83,308 | 616,169 |
Okinawa Financial Group, Inc. | 38,481 | 667,446 |
Okumura Corp. | 67,165 | 2,284,157 |
One REIT, Inc. | 459 | 780,794 |
Onoken Co. Ltd. | 35,455 | 428,056 |
Onward Holdings Co. Ltd. | 206,122 | 706,492 |
Open Up Group, Inc. | 109,397 | 1,592,678 |
Optex Group Co. Ltd. | 63,788 | 794,846 |
Organo Corp. | 49,891 | 2,556,718 |
Oriental Shiraishi Corp. | 216,836 | 575,158 |
Osaka Organic Chemical Industry Ltd. | 28,899 | 635,249 |
Osaka Soda Co. Ltd. | 43,134 | 3,325,759 |
OSAKA Titanium Technologies Co. Ltd. (a) | 35,592 | 633,270 |
Osaki Electric Co. Ltd. | 72,226 | 319,943 |
Outsourcing, Inc. * | 198,277 | 2,316,345 |
Oyo Corp. | 35,963 | 539,673 |
Pacific Industrial Co. Ltd. | 77,797 | 784,883 |
Pack Corp. | 21,680 | 507,706 |
PAL GROUP Holdings Co. Ltd. | 81,158 | 1,231,441 |
Paramount Bed Holdings Co. Ltd. | 79,072 | 1,318,131 |
Pasona Group, Inc. | 35,497 | 680,199 |
Pharma Foods International Co. Ltd. (a) | 48,032 | 293,641 |
PHC Holdings Corp. | 63,310 | 515,211 |
PIA Corp. * | 12,062 | 251,040 |
Pilot Corp. | 68,983 | 1,836,228 |
Piolax, Inc. | 42,013 | 785,130 |
PKSHA Technology, Inc. * | 30,980 | 1,310,239 |
Premium Group Co. Ltd. | 71,621 | 899,629 |
Press Kogyo Co. Ltd. (a) | 144,343 | 648,082 |
Pressance Corp. | 36,420 | 412,940 |
Prestige International, Inc. | 161,669 | 693,469 |
Prima Meat Packers Ltd. | 56,406 | 854,362 |
Procrea Holdings, Inc. | 53,369 | 673,932 |
Proto Corp. | 40,589 | 360,683 |
Qol Holdings Co. Ltd. | 41,233 | 453,461 |
Raito Kogyo Co. Ltd. | 83,691 | 1,065,778 |
Raiznext Corp. | 84,356 | 1,287,856 |
Raksul, Inc. * | 92,451 | 697,382 |
Raysum Co. Ltd. | 13,720 | 331,839 |
Remixpoint, Inc. (a) | 240,037 | 275,849 |
RENOVA, Inc. * | 84,526 | 631,954 |
Restar Holdings Corp. | 48,328 | 981,607 |
Retail Partners Co. Ltd. | 62,330 | 727,954 |
Rheon Automatic Machinery Co. Ltd. | 38,597 | 371,606 |
Ricoh Leasing Co. Ltd. | 25,606 | 882,789 |
Riken Keiki Co. Ltd. | 33,364 | 1,709,774 |
Riken Technos Corp. | 90,828 | 594,718 |
Riken Vitamin Co. Ltd. | 30,198 | 511,068 |
Ringer Hut Co. Ltd. (a) | 48,475 | 748,485 |
Riso Kagaku Corp. | 43,398 | 953,962 |
Riso Kyoiku Co. Ltd. (a) | 179,419 | 262,529 |
Rock Field Co. Ltd. | 38,915 | 433,169 |
Roland Corp. | 23,954 | 727,406 |
Roland DG Corp. | 22,311 | 746,830 |
Rorze Corp. | 18,732 | 2,633,268 |
Round One Corp. | 346,349 | 1,615,231 |
Royal Holdings Co. Ltd. | 77,920 | 1,268,211 |
RS Technologies Co. Ltd. | 28,180 | 513,065 |
Ryobi Ltd. | 49,862 | 838,196 |
RYODEN Corp. | 25,758 | 451,243 |
Ryosan Co. Ltd. | 44,983 | 1,616,948 |
Ryoyo Electro Corp. | 28,872 | 799,589 |
S Foods, Inc. | 35,506 | 741,339 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Sagami Holdings Corp. | 45,378 | 465,089 |
Saibu Gas Holdings Co. Ltd. | 43,525 | 551,660 |
Saizeriya Co. Ltd. | 48,267 | 1,576,974 |
Sakai Chemical Industry Co. Ltd. | 27,104 | 361,640 |
Sakai Moving Service Co. Ltd. | 34,162 | 593,675 |
Sakata INX Corp. | 91,014 | 878,093 |
Sakata Seed Corp. | 61,574 | 1,493,376 |
Sala Corp. | 102,330 | 542,861 |
SAMTY Co. Ltd. | 52,922 | 873,017 |
Samty Residential Investment Corp. | 809 | 550,792 |
San ju San Financial Group, Inc. | 42,271 | 558,643 |
San-A Co. Ltd. | 34,479 | 1,060,839 |
San-Ai Obbli Co. Ltd. | 101,682 | 1,332,933 |
Sangetsu Corp. | 107,554 | 2,533,092 |
San-In Godo Bank Ltd. | 294,328 | 2,257,557 |
Sankei Real Estate, Inc. | 826 | 467,995 |
Sanki Engineering Co. Ltd. | 96,535 | 1,286,101 |
Sankyo Seiko Co. Ltd. | 56,100 | 290,114 |
Sansan, Inc. * | 151,298 | 1,800,372 |
Sanyo Chemical Industries Ltd. | 19,670 | 558,545 |
Sanyo Denki Co. Ltd. | 16,325 | 729,700 |
Sanyo Electric Railway Co. Ltd. | 32,250 | 458,098 |
Sanyo Special Steel Co. Ltd. | 40,274 | 607,326 |
Sato Holdings Corp. | 43,822 | 656,437 |
SBI Sumishin Net Bank Ltd. | 83,544 | 1,087,908 |
SBS Holdings, Inc. | 32,480 | 519,090 |
Seika Corp. | 19,000 | 398,610 |
Seikagaku Corp. | 79,790 | 401,962 |
Seikitokyu Kogyo Co. Ltd. | 43,964 | 574,848 |
Seiko Group Corp. | 51,700 | 1,203,812 |
Seiren Co. Ltd. | 78,232 | 1,339,149 |
Sekisui Jushi Corp. | 50,414 | 862,296 |
Senko Group Holdings Co. Ltd. | 196,769 | 1,402,770 |
Senshu Electric Co. Ltd. | 23,961 | 613,954 |
Senshu Ikeda Holdings, Inc. | 500,666 | 1,281,186 |
Septeni Holdings Co. Ltd. | 193,000 | 603,488 |
Seria Co. Ltd. | 94,700 | 1,913,994 |
Shibaura Machine Co. Ltd. | 43,876 | 1,075,866 |
Shibaura Mechatronics Corp. | 16,516 | 723,892 |
Shibusawa Warehouse Co. Ltd. | 18,100 | 367,031 |
Shibuya Corp. | 41,353 | 862,039 |
Shiga Bank Ltd. | 90,131 | 2,487,078 |
Shikoku Bank Ltd. | 65,645 | 493,423 |
Shikoku Kasei Holdings Corp. | 59,080 | 749,997 |
Shima Seiki Manufacturing Ltd. | 54,938 | 503,240 |
Shin Nippon Air Technologies Co. Ltd. | 24,661 | 466,132 |
Shin Nippon Biomedical Laboratories Ltd. (a) | 36,264 | 397,361 |
Shindengen Electric Manufacturing Co. Ltd. | 15,017 | 310,534 |
Shin-Etsu Polymer Co. Ltd. | 63,779 | 674,139 |
Shinko Shoji Co. Ltd. | 57,800 | 467,281 |
Shinmaywa Industries Ltd. | 78,703 | 639,952 |
Shinnihon Corp. | 47,087 | 399,234 |
Shinwa Co. Ltd. | 21,619 | 349,122 |
Shizuoka Gas Co. Ltd. | 107,897 | 666,832 |
Shochiku Co. Ltd. (a) | 19,376 | 1,304,291 |
Shoei Co. Ltd. | 91,798 | 1,295,366 |
Shoei Foods Corp. | 24,324 | 760,582 |
Showa Sangyo Co. Ltd. | 50,778 | 1,177,254 |
SIGMAXYZ Holdings, Inc. | 29,200 | 333,224 |
Siix Corp. | 64,747 | 707,731 |
Simplex Holdings, Inc. | 55,104 | 939,938 |
Sinanen Holdings Co. Ltd. | 15,748 | 448,229 |
Sinfonia Technology Co. Ltd. | 44,595 | 796,435 |
Sinko Industries Ltd. | 37,947 | 849,352 |
Sintokogio Ltd. | 96,165 | 744,031 |
SKY Perfect JSAT Holdings, Inc. | 234,268 | 1,391,490 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Snow Peak, Inc. *(a) | 55,535 | 461,957 |
Sodick Co. Ltd. | 89,390 | 444,352 |
Softcreate Holdings Corp. | 27,576 | 359,831 |
Solasto Corp. | 91,403 | 327,334 |
Sosei Group Corp. * | 141,644 | 1,377,923 |
SOSiLA Logistics REIT, Inc. | 1,349 | 1,023,895 |
Sparx Group Co. Ltd. | 38,275 | 485,118 |
S-Pool, Inc. | 112,180 | 242,843 |
SRA Holdings | 14,896 | 394,121 |
SRE Holdings Corp. * | 18,572 | 449,192 |
St. Marc Holdings Co. Ltd. | 25,765 | 381,818 |
Star Asia Investment Corp. | 4,003 | 1,484,376 |
Star Micronics Co. Ltd. | 65,686 | 792,164 |
Starts Corp., Inc. | 54,999 | 1,111,592 |
Starts Proceed Investment Corp. | 467 | 599,702 |
Starzen Co. Ltd. | 28,040 | 528,314 |
Stella Chemifa Corp. | 16,462 | 414,107 |
Strike Co. Ltd. | 28,136 | 1,035,808 |
Sumida Corp. | 58,716 | 476,256 |
Sumitomo Densetsu Co. Ltd. | 24,833 | 510,199 |
Sumitomo Mitsui Construction Co. Ltd. | 281,691 | 814,941 |
Sumitomo Osaka Cement Co. Ltd. | 60,013 | 1,427,449 |
Sumitomo Riko Co. Ltd. | 68,296 | 575,408 |
Sumitomo Seika Chemicals Co. Ltd. | 15,972 | 528,238 |
Sumitomo Warehouse Co. Ltd. | 97,152 | 1,674,050 |
Sun Corp. (a) | 34,600 | 739,761 |
Sun Frontier Fudousan Co. Ltd. | 46,535 | 516,123 |
Suruga Bank Ltd. | 342,211 | 1,847,441 |
SWCC Corp. | 42,149 | 947,627 |
Systena Corp. | 525,514 | 1,011,212 |
T Hasegawa Co. Ltd. | 40,342 | 840,964 |
Tachibana Eletech Co. Ltd. | 31,590 | 669,074 |
Tachi-S Co. Ltd. | 53,522 | 732,365 |
Tadano Ltd. | 222,257 | 1,879,985 |
Taihei Dengyo Kaisha Ltd. | 28,214 | 839,803 |
Taikisha Ltd. | 54,733 | 1,733,376 |
Taiyo Holdings Co. Ltd. | 63,232 | 1,368,823 |
Takamatsu Construction Group Co. Ltd. | 27,501 | 522,201 |
Takara Leben Real Estate Investment Corp. | 1,252 | 798,864 |
Takara Standard Co. Ltd. | 87,848 | 1,081,739 |
Takasago International Corp. | 27,876 | 611,830 |
Takasago Thermal Engineering Co. Ltd. | 111,958 | 3,265,161 |
Takatori Corp. (a) | 9,920 | 313,169 |
Takeuchi Manufacturing Co. Ltd. (a) | 66,133 | 2,324,177 |
Takuma Co. Ltd. | 141,368 | 1,837,113 |
Tama Home Co. Ltd. | 24,657 | 691,095 |
Tamron Co. Ltd. | 23,443 | 1,016,537 |
Tamura Corp. | 143,096 | 527,754 |
Tanseisha Co. Ltd. | 82,431 | 437,297 |
Tatsuta Electric Wire & Cable Co. Ltd. * | 64,640 | 301,455 |
TechMatrix Corp. | 45,613 | 608,905 |
Teikoku Electric Manufacturing Co. Ltd. | 31,083 | 561,351 |
Teikoku Sen-I Co. Ltd. | 42,316 | 622,286 |
Tekken Corp. | 26,528 | 433,183 |
Tenma Corp. | 26,842 | 423,604 |
T-Gaia Corp. | 40,392 | 573,752 |
TKC Corp. | 55,263 | 1,368,006 |
Toa Corp. | 28,267 | 965,086 |
Toagosei Co. Ltd. | 220,506 | 2,271,800 |
TOC Co. Ltd. | 92,389 | 405,556 |
Tocalo Co. Ltd. | 100,268 | 1,154,954 |
Tochigi Bank Ltd. | 186,836 | 423,180 |
Toei Co. Ltd. | 12,930 | 1,774,452 |
Toenec Corp. | 14,510 | 505,092 |
Toho Bank Ltd. | 365,499 | 830,291 |
Toho Holdings Co. Ltd. | 92,299 | 1,950,569 |
Toho Titanium Co. Ltd. (a) | 65,110 | 715,179 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Tokai Corp. | 33,647 | 493,678 |
TOKAI Holdings Corp. | 215,782 | 1,469,111 |
Tokai Rika Co. Ltd. | 96,040 | 1,573,395 |
Tokai Tokyo Financial Holdings, Inc. | 425,969 | 1,687,710 |
Token Corp. | 14,111 | 896,610 |
Tokushu Tokai Paper Co. Ltd. | 13,430 | 350,399 |
Tokuyama Corp. | 138,189 | 2,241,751 |
Tokyo Electron Device Ltd. | 33,473 | 1,612,483 |
Tokyo Kiraboshi Financial Group, Inc. | 48,229 | 1,454,894 |
Tokyo Steel Manufacturing Co. Ltd. | 141,363 | 1,575,422 |
Tokyotokeiba Co. Ltd. | 26,193 | 743,771 |
Tokyu Construction Co. Ltd. | 132,128 | 733,603 |
Tokyu REIT, Inc. | 1,798 | 1,949,725 |
TOMONY Holdings, Inc. | 280,400 | 769,990 |
Tomy Co. Ltd. | 166,012 | 2,958,756 |
Tonami Holdings Co. Ltd. | 12,936 | 377,700 |
Topcon Corp. | 201,909 | 2,396,548 |
Topre Corp. | 82,587 | 1,355,206 |
Topy Industries Ltd. | 31,976 | 653,749 |
Toridoll Holdings Corp. | 82,181 | 2,358,853 |
Torii Pharmaceutical Co. Ltd. | 24,570 | 699,327 |
Torishima Pump Manufacturing Co. Ltd. | 43,432 | 822,675 |
Tosei Corp. | 51,257 | 699,660 |
Tosei REIT Investment Corp. | 605 | 557,423 |
Totech Corp. | 15,420 | 784,033 |
Totetsu Kogyo Co. Ltd. | 53,583 | 1,091,923 |
Towa Corp. | 46,385 | 2,897,707 |
Towa Pharmaceutical Co. Ltd. | 46,551 | 867,447 |
Toyo Construction Co. Ltd. | 132,154 | 1,260,880 |
Toyo Corp. | 35,944 | 367,677 |
Toyo Gosei Co. Ltd. (a) | 13,240 | 879,305 |
Toyo Kanetsu KK | 14,036 | 428,573 |
Toyo Tanso Co. Ltd. | 27,593 | 1,261,015 |
Toyobo Co. Ltd. | 170,938 | 1,268,872 |
TPR Co. Ltd. | 49,241 | 710,305 |
Trancom Co. Ltd. | 11,657 | 489,116 |
Transaction Co. Ltd. | 34,756 | 553,374 |
Transcosmos, Inc. | 45,337 | 920,856 |
TRE Holdings Corp. | 61,796 | 501,651 |
Tri Chemical Laboratories, Inc. | 51,446 | 1,656,776 |
Trusco Nakayama Corp. | 75,384 | 1,170,525 |
TSI Holdings Co. Ltd. | 137,292 | 600,830 |
Tsubaki Nakashima Co. Ltd. | 81,159 | 417,535 |
Tsubakimoto Chain Co. | 62,820 | 2,048,250 |
Tsuburaya Fields Holdings, Inc. (a) | 58,948 | 601,414 |
Tsugami Corp. | 81,857 | 647,549 |
Tsukishima Holdings Co. Ltd. | 67,539 | 641,681 |
Tsurumi Manufacturing Co. Ltd. | 39,445 | 922,413 |
TV Asahi Holdings Corp. | 39,183 | 508,146 |
UACJ Corp. | 54,684 | 1,501,645 |
Uchida Yoko Co. Ltd. | 17,044 | 885,965 |
Union Tool Co. | 17,748 | 453,572 |
Unipres Corp. | 73,929 | 540,378 |
United Arrows Ltd. | 50,920 | 600,480 |
United Super Markets Holdings, Inc. (a) | 108,824 | 726,366 |
Universal Entertainment Corp. | 43,220 | 531,912 |
Usen-Next Holdings Co. Ltd. | 31,308 | 950,724 |
UT Group Co. Ltd. * | 53,698 | 1,259,304 |
V Technology Co. Ltd. | 14,700 | 253,790 |
Valor Holdings Co. Ltd. | 73,822 | 1,193,621 |
Valqua Ltd. | 28,471 | 913,081 |
Vector, Inc. | 45,454 | 371,722 |
Vision, Inc. * | 51,095 | 412,734 |
Vital KSK Holdings, Inc. | 59,828 | 530,845 |
VT Holdings Co. Ltd. | 162,554 | 565,849 |
Wacoal Holdings Corp. | 105,612 | 2,575,558 |
Wacom Co. Ltd. | 258,713 | 1,085,533 |
Wakita & Co. Ltd. | 78,529 | 805,385 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Warabeya Nichiyo Holdings Co. Ltd. | 25,730 | 469,662 |
Weathernews, Inc. | 10,837 | 366,374 |
Wellneo Sugar Co. Ltd. | 25,680 | 403,893 |
West Holdings Corp. | 41,940 | 828,880 |
WingArc1st, Inc. | 36,819 | 735,298 |
World Co. Ltd. | 35,719 | 461,075 |
World Holdings Co. Ltd. | 12,900 | 221,594 |
W-Scope Corp. *(a) | 97,513 | 476,913 |
Yahagi Construction Co. Ltd. | 47,548 | 495,272 |
YAKUODO Holdings Co. Ltd. | 21,387 | 414,394 |
YAMABIKO Corp. | 62,010 | 765,233 |
Yamae Group Holdings Co. Ltd. | 35,124 | 643,248 |
Yamagata Bank Ltd. | 53,267 | 421,737 |
YA-MAN Ltd. (a) | 52,217 | 348,183 |
Yamanashi Chuo Bank Ltd. | 53,785 | 670,920 |
Yamazen Corp. | 121,615 | 1,030,319 |
Yellow Hat Ltd. | 55,246 | 721,258 |
Yodogawa Steel Works Ltd. | 51,840 | 1,546,506 |
Yokogawa Bridge Holdings Corp. | 57,618 | 1,096,386 |
Yokorei Co. Ltd. | 82,387 | 582,935 |
Yokowo Co. Ltd. | 42,396 | 445,856 |
Yondoshi Holdings, Inc. (a) | 37,944 | 481,937 |
Yonex Co. Ltd. | 66,147 | 496,754 |
Yoshinoya Holdings Co. Ltd. | 124,888 | 2,656,801 |
Yuasa Trading Co. Ltd. | 30,398 | 1,019,563 |
Yurtec Corp. | 65,140 | 581,459 |
Zenrin Co. Ltd. | 62,543 | 355,610 |
ZERIA Pharmaceutical Co. Ltd. | 72,306 | 1,024,178 |
ZIGExN Co. Ltd. | 101,560 | 379,993 |
Zojirushi Corp. | 84,490 | 789,747 |
Zuken, Inc. | 25,379 | 784,244 |
738,380,638 | ||
Netherlands 1.4% | ||
Alfen NV *(a) | 43,268 | 2,330,355 |
AMG Critical Materials NV | 59,674 | 1,363,204 |
Aperam SA | 81,450 | 2,489,106 |
Arcadis NV | 139,669 | 8,146,600 |
Basic-Fit NV *(a) | 102,960 | 2,774,313 |
Brunel International NV | 39,370 | 437,120 |
Corbion NV | 113,426 | 2,150,475 |
Eurocommercial Properties NV | 84,542 | 1,812,361 |
Flow Traders Ltd. | 50,982 | 917,480 |
Fugro NV * | 216,612 | 4,781,898 |
Galapagos NV * | 93,345 | 3,322,328 |
Just Eat Takeaway.com NV * | 374,236 | 6,163,790 |
Koninklijke BAM Groep NV | 516,373 | 1,845,135 |
NSI NV | 35,665 | 721,724 |
PostNL NV | 700,545 | 994,242 |
SBM Offshore NV | 302,174 | 4,296,750 |
Sligro Food Group NV | 64,916 | 925,880 |
TKH Group NV | 79,851 | 3,333,728 |
TomTom NV * | 133,743 | 1,074,620 |
Van Lanschot Kempen NV | 74,259 | 2,527,303 |
Vastned Retail NV | 33,082 | 750,004 |
Wereldhave NV | 77,780 | 1,124,507 |
54,282,923 | ||
New Zealand 0.5% | ||
Argosy Property Ltd. | 1,656,433 | 1,120,192 |
Chorus Ltd. | 835,774 | 4,048,103 |
Freightways Group Ltd. | 328,765 | 1,696,542 |
Genesis Energy Ltd. | 1,032,489 | 1,553,739 |
Goodman Property Trust | 2,161,557 | 2,949,921 |
Heartland Group Holdings Ltd. (a) | 1,161,826 | 870,646 |
Oceania Healthcare Ltd. | 1,262,315 | 453,749 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Precinct Properties Group | 2,520,565 | 1,789,038 |
Scales Corp. Ltd. | 214,070 | 410,830 |
SKY Network Television Ltd. | 274,725 | 463,632 |
Stride Property Group | 1,017,221 | 811,862 |
Summerset Group Holdings Ltd. | 443,253 | 2,984,074 |
Vector Ltd. | 492,127 | 1,133,351 |
Vital Healthcare Property Trust | 965,275 | 1,246,759 |
21,532,438 | ||
Norway 2.1% | ||
Aker Carbon Capture ASA * | 660,860 | 505,033 |
Aker Solutions ASA | 501,770 | 1,689,096 |
Atea ASA | 161,454 | 1,894,934 |
Austevoll Seafood ASA | 171,146 | 1,299,833 |
Bakkafrost P | 99,372 | 6,215,877 |
Bonheur ASA | 38,377 | 789,319 |
Borr Drilling Ltd. * | 419,552 | 2,529,365 |
Borregaard ASA | 194,388 | 3,374,521 |
BW Energy Ltd. * | 152,779 | 405,037 |
BW LPG Ltd. | 161,655 | 1,869,840 |
BW Offshore Ltd. | 173,866 | 418,292 |
Crayon Group Holding ASA * | 160,438 | 1,165,528 |
DNO ASA | 1,623,747 | 1,384,113 |
Elkem ASA | 563,434 | 1,119,506 |
Entra ASA | 136,769 | 1,347,141 |
Europris ASA | 310,198 | 2,140,810 |
FLEX LNG Ltd. | 55,063 | 1,383,946 |
Grieg Seafood ASA | 112,073 | 682,002 |
Hafnia Ltd. | 480,898 | 3,543,471 |
Hexagon Composites ASA * | 241,897 | 500,717 |
Hoegh Autoliners ASA | 181,788 | 1,776,846 |
Leroy Seafood Group ASA | 554,586 | 2,453,955 |
MPC Container Ships ASA | 720,084 | 927,004 |
NEL ASA * | 3,189,996 | 1,481,948 |
Nordic Semiconductor ASA * | 367,783 | 3,143,726 |
Protector Forsikring ASA | 131,316 | 2,669,868 |
Scatec ASA | 233,365 | 1,445,424 |
Seadrill Ltd. * | 96,805 | 3,972,939 |
Sparebank 1 Oestlandet | 109,969 | 1,296,896 |
SpareBank 1 SMN | 275,835 | 3,757,867 |
SpareBank 1 SR-Bank ASA | 341,387 | 4,135,584 |
Stolt-Nielsen Ltd. | 42,626 | 1,600,599 |
Storebrand ASA | 789,738 | 7,060,459 |
Subsea 7 SA | 458,220 | 6,698,699 |
TGS ASA (a) | 252,192 | 2,486,408 |
Veidekke ASA | 230,252 | 2,393,921 |
Wallenius Wilhelmsen ASA | 198,705 | 1,908,453 |
Wilh Wilhelmsen Holding ASA, Class A | 24,826 | 868,972 |
84,337,949 | ||
Poland 1.0% | ||
Alior Bank SA * | 178,654 | 4,296,226 |
AmRest Holdings SE * | 141,940 | 889,817 |
Asseco Poland SA | 99,947 | 1,878,439 |
Bank Handlowy w Warszawie SA | 63,975 | 1,764,650 |
Bank Millennium SA * | 1,175,620 | 2,946,494 |
CCC SA * | 86,516 | 1,648,791 |
CD Projekt SA | 125,014 | 3,438,912 |
Cyfrowy Polsat SA * | 270,317 | 794,432 |
Enea SA * | 486,192 | 1,191,737 |
Grupa Azoty SA * | 89,260 | 503,611 |
Grupa Kety SA | 18,819 | 3,326,913 |
Jastrzebska Spolka Weglowa SA * | 100,214 | 1,035,839 |
KRUK SA | 33,640 | 3,546,291 |
mBank SA * | 25,277 | 4,405,204 |
Orange Polska SA | 1,371,735 | 2,809,582 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
PGE Polska Grupa Energetyczna SA * | 1,723,470 | 3,445,298 |
Tauron Polska Energia SA * | 1,837,632 | 1,667,642 |
Warsaw Stock Exchange | 49,331 | 544,782 |
40,134,660 | ||
Portugal 0.4% | ||
Altri SGPS SA (a) | 138,548 | 676,183 |
Banco Comercial Portugues SA, Class R * | 16,699,148 | 4,824,954 |
Corticeira Amorim SGPS SA | 65,966 | 673,876 |
CTT-Correios de Portugal SA | 186,444 | 733,399 |
Greenvolt-Energias Renovaveis SA *(a) | 125,622 | 1,102,489 |
Navigator Co. SA | 469,570 | 1,909,610 |
NOS SGPS SA | 368,169 | 1,281,300 |
REN - Redes Energeticas Nacionais SGPS SA | 751,363 | 1,780,662 |
Semapa-Sociedade de Investimento e Gestao | 29,609 | 442,812 |
Sonae SGPS SA | 1,756,592 | 1,616,713 |
15,041,998 | ||
Republic of Korea 5.5% | ||
ABLBio, Inc. * | 47,039 | 805,414 |
Advanced Nano Products Co. Ltd. * | 14,732 | 1,543,342 |
Advanced Process Systems Corp. * | 24,494 | 383,524 |
AfreecaTV Co. Ltd. | 13,962 | 1,346,291 |
Ahnlab, Inc. | 11,223 | 602,617 |
Amicogen, Inc. * | 98,948 | 411,664 |
Ananti, Inc. * | 84,941 | 401,231 |
Asiana Airlines, Inc. * | 62,452 | 545,916 |
BH Co. Ltd. | 48,203 | 617,922 |
Binggrae Co. Ltd. * | 9,459 | 375,774 |
Bioneer Corp. * | 40,164 | 738,974 |
Boryung | 51,461 | 459,501 |
Bukwang Pharmaceutical Co. Ltd. | 67,944 | 334,209 |
Cafe24 Corp. * | 25,205 | 444,816 |
Caregen Co. Ltd. | 27,060 | 472,473 |
Cellivery Therapeutics, Inc. *(b) | 45,216 | 56,707 |
Chabiotech Co. Ltd. * | 86,242 | 1,083,530 |
Chong Kun Dang Pharmaceutical Corp. | 16,741 | 1,360,301 |
Chunbo Co. Ltd. * | 8,131 | 551,389 |
CJ CGV Co. Ltd. * | 119,549 | 554,831 |
Classys, Inc. | 49,413 | 1,193,022 |
CMG Pharmaceutical Co. Ltd. * | 184,240 | 300,241 |
Com2uSCorp | 18,514 | 592,292 |
Cosmax, Inc. | 14,870 | 1,201,571 |
Cosmochemical Co. Ltd. * | 46,459 | 1,222,881 |
Creative & Innovative System * | 100,681 | 839,260 |
CS Wind Corp. | 37,752 | 1,465,739 |
Daea TI Co. Ltd. * | 84,640 | 198,315 |
Daeduck Electronics Co. Ltd. * | 63,661 | 1,063,726 |
Daejoo Electronic Materials Co. Ltd. * | 18,836 | 1,063,733 |
Daesang Corp. * | 38,354 | 565,978 |
Daewoong Co. Ltd. | 38,741 | 640,059 |
Daewoong Pharmaceutical Co. Ltd. | 9,266 | 797,449 |
Daishin Securities Co. Ltd. * | 57,255 | 706,443 |
Danal Co. Ltd. * | 94,373 | 306,521 |
Daou Technology, Inc. | 45,310 | 738,380 |
Dawonsys Co. Ltd. * | 50,661 | 489,642 |
DB HiTek Co. Ltd. | 65,198 | 2,271,844 |
Dentium Co. Ltd. * | 12,395 | 1,342,264 |
DIO Corp. * | 21,701 | 343,865 |
Dong-A Socio Holdings Co. Ltd. | 5,882 | 481,038 |
Dong-A ST Co. Ltd. | 9,104 | 512,083 |
Dongjin Semichem Co. Ltd. | 57,026 | 1,593,096 |
DongKook Pharmaceutical Co. Ltd. | 44,848 | 556,053 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Dongkuk Steel Mill Co. Ltd. | 61,472 | 595,516 |
Doosan Co. Ltd. * | 11,016 | 752,821 |
Doosan Fuel Cell Co. Ltd. * | 56,146 | 836,962 |
Doosan Tesna, Inc. * | 18,477 | 592,496 |
DoubleUGames Co. Ltd. | 20,560 | 715,647 |
Douzone Bizon Co. Ltd. * | 32,258 | 1,103,448 |
Duk San Neolux Co. Ltd. * | 23,619 | 689,981 |
Ecopro HN Co. Ltd. | 21,126 | 950,321 |
Enchem Co. Ltd. * | 15,126 | 3,186,274 |
ENF Technology Co. Ltd. | 28,870 | 481,311 |
Enplus Co. Ltd. * | 142,589 | 324,455 |
Eo Technics Co. Ltd. * | 15,755 | 2,419,569 |
Eoflow Co. Ltd. * | 46,272 | 178,958 |
ESR Kendall Square REIT Co. Ltd. | 237,049 | 709,402 |
Eubiologics Co. Ltd. * | 57,566 | 518,336 |
Eugene Investment & Securities Co. Ltd. * | 112,411 | 360,465 |
Eugene Technology Co. Ltd. | 26,132 | 738,863 |
Foosung Co. Ltd. * | 99,278 | 621,792 |
GC Cell Corp. | 15,996 | 476,901 |
GemVax & Kael Co. Ltd. * | 65,299 | 600,715 |
GeneOne Life Science, Inc. * | 139,651 | 267,955 |
Genexine, Inc. * | 58,156 | 347,207 |
GOLFZON Co. Ltd. * | 5,956 | 350,669 |
Grand Korea Leisure Co. Ltd. | 37,912 | 356,742 |
Green Cross Holdings Corp. | 55,631 | 689,330 |
HAESUNG DS Co. Ltd. | 21,459 | 743,716 |
Han Kuk Carbon Co. Ltd. | 67,849 | 526,854 |
Hana Micron, Inc. | 68,347 | 1,329,369 |
Hana Tour Service, Inc. * | 21,243 | 1,049,707 |
Hanall Biopharma Co. Ltd. * | 71,451 | 1,867,299 |
Hancom, Inc. | 31,407 | 553,090 |
Handsome Co. Ltd. | 24,654 | 353,999 |
Hanil Cement Co. Ltd. | 32,492 | 296,225 |
Hanjin Transportation Co. Ltd. | 27,325 | 490,438 |
Hankook & Co. Co. Ltd. | 51,357 | 656,425 |
Hanmi Semiconductor Co. Ltd. * | 85,313 | 5,432,970 |
Hansae Co. Ltd. | 25,563 | 391,623 |
Hansol Chemical Co. Ltd. * | 15,485 | 1,980,396 |
Hanssem Co. Ltd. | 14,626 | 531,615 |
Hanwha General Insurance Co. Ltd. * | 150,430 | 542,253 |
Hanwha Investment & Securities Co. Ltd. * | 196,436 | 656,459 |
Hanwha Systems Co. Ltd. | 115,611 | 1,447,308 |
Harim Holdings Co. Ltd. | 82,082 | 477,106 |
HD Hyundai Construction Equipment Co. Ltd. | 22,622 | 913,986 |
HD Hyundai Electric Co. Ltd. | 42,897 | 4,007,500 |
HDC Holdings Co. Ltd. | 72,619 | 441,189 |
HDC Hyundai Development Co-Engineering & Construction, Class E | 88,624 | 1,322,438 |
Helixmith Co. Ltd. * | 63,402 | 199,976 |
HK inno N Corp. | 28,564 | 821,569 |
HL Holdings Corp. * | 13,521 | 351,834 |
HLB Life Science Co. Ltd. * | 160,704 | 1,700,450 |
HLB Therapeutics Co. Ltd. * | 125,274 | 723,458 |
HPSP Co. Ltd. | 62,694 | 2,420,000 |
Hugel, Inc. * | 10,718 | 1,480,204 |
Humasis Co. Ltd. * | 218,468 | 286,128 |
Humedix Co. Ltd. | 12,681 | 268,076 |
Huons Co. Ltd. | 12,474 | 340,515 |
Hyosung Advanced Materials Corp. | 5,979 | 1,497,444 |
Hyosung Chemical Corp. * | 4,257 | 215,791 |
Hyosung Corp. | 16,744 | 751,946 |
Hyosung Heavy Industries Corp. | 12,507 | 1,807,109 |
Hyosung TNC Corp. | 5,926 | 1,290,583 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Hyundai Autoever Corp. * | 12,677 | 1,421,355 |
Hyundai Bioscience Co. Ltd. * | 69,680 | 1,080,574 |
Hyundai Elevator Co. Ltd. * | 43,330 | 1,298,338 |
Hyundai GF Holdings | 1 | 3 |
Hyundai Green Food | 36,057 | 317,354 |
Hyundai Home Shopping Network Corp. | 10,172 | 357,884 |
Hyundai Rotem Co. Ltd. | 138,756 | 3,485,572 |
Il Dong Pharmaceutical Co. Ltd. * | 29,745 | 350,703 |
Ilyang Pharmaceutical Co. Ltd. | 23,679 | 252,510 |
InBody Co. Ltd. | 19,941 | 410,321 |
Innocean Worldwide, Inc. | 41,514 | 682,755 |
Innox Advanced Materials Co. Ltd. | 25,246 | 600,057 |
Intellian Technologies, Inc. * | 14,222 | 585,285 |
INTOPS Co. Ltd. | 22,628 | 492,800 |
iNtRON Biotechnology, Inc. | 48,096 | 246,692 |
IS Dongseo Co. Ltd. | 25,556 | 530,657 |
ISC Co. Ltd. | 23,245 | 1,255,118 |
i-SENS, Inc. | 32,678 | 563,202 |
IsuPetasys Co. Ltd. | 90,746 | 2,081,924 |
JB Financial Group Co. Ltd. | 278,183 | 2,749,240 |
Jeisys Medical, Inc. | 105,912 | 627,550 |
Jeju Air Co. Ltd. * | 59,655 | 498,618 |
JR Global Reit | 236,506 | 731,755 |
Jusung Engineering Co. Ltd. | 66,776 | 1,842,909 |
JW Pharmaceutical Corp. | 29,312 | 724,215 |
JYP Entertainment Corp. * | 52,830 | 2,923,979 |
KC Tech Co. Ltd. | 12,399 | 349,641 |
KCC Glass Corp. | 18,020 | 555,513 |
KEPCO Engineering & Construction Co., Inc. * | 23,775 | 1,265,881 |
KH Vatec Co. Ltd. | 28,591 | 281,702 |
KISWIRE Ltd. * | 23,562 | 401,665 |
KIWOOM Securities Co. Ltd. * | 24,790 | 2,340,119 |
KMW Co. Ltd. * | 55,708 | 594,899 |
Koh Young Technology, Inc. | 117,008 | 1,687,987 |
Kolmar Korea Co. Ltd. | 29,620 | 1,055,474 |
Kolon Industries, Inc. | 37,165 | 1,081,514 |
Komipharm International Co. Ltd. * | 74,208 | 234,059 |
Korea Electric Terminal Co. Ltd. | 13,245 | 631,614 |
Korea Line Corp. * | 261,583 | 403,690 |
Korea Petrochemical Ind Co. Ltd. | 5,767 | 617,150 |
Korea United Pharm, Inc. | 16,289 | 290,526 |
Korean Reinsurance Co. | 233,998 | 1,412,845 |
Kuk-il Paper Manufacturing Co. Ltd. *(b) | 146,037 | 21,934 |
Kum Yang Co. Ltd. * | 57,995 | 4,202,852 |
Kumho Tire Co., Inc. * | 273,792 | 1,297,407 |
Kwang Dong Pharmaceutical Co. Ltd. | 57,964 | 316,025 |
L&C Bio Co. Ltd. | 22,600 | 403,087 |
Lake Materials Co. Ltd. * | 74,517 | 1,166,776 |
LEENO Industrial, Inc. | 17,396 | 2,717,309 |
LegoChem Biosciences, Inc. * | 34,670 | 1,385,134 |
LF Corp. | 33,309 | 327,187 |
LIG Nex1 Co. Ltd. | 20,773 | 2,233,924 |
LOTTE Reit Co. Ltd. | 231,110 | 543,237 |
Lotte Rental Co. Ltd. | 21,158 | 429,007 |
Lotte Tour Development Co. Ltd. * | 66,188 | 449,836 |
Lotte Wellfood Co. Ltd. | 4,915 | 484,266 |
LS Electric Co. Ltd. | 30,180 | 1,452,792 |
Lunit, Inc. * | 31,124 | 1,421,102 |
LX Hausys Ltd. | 12,180 | 374,108 |
LX Holdings Corp. | 77,167 | 401,018 |
LX International Corp. | 42,943 | 885,240 |
LX Semicon Co. Ltd. | 21,195 | 1,196,954 |
Mcnex Co. Ltd. | 22,078 | 421,133 |
Medytox, Inc. | 9,858 | 1,169,694 |
MegaStudyEdu Co. Ltd. | 14,818 | 689,934 |
Mezzion Pharma Co. Ltd. * | 31,058 | 943,449 |
Modetour Network, Inc. | 28,450 | 358,937 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Myoung Shin Industrial Co. Ltd. * | 50,666 | 612,969 |
Namyang Dairy Products Co. Ltd. * | 844 | 368,886 |
Naturecell Co. Ltd. * | 87,521 | 456,797 |
Neowiz | 22,139 | 367,432 |
NEPES Corp. * | 30,785 | 456,828 |
Nexen Tire Corp. * | 74,382 | 519,490 |
Nexon Games Co. Ltd. * | 46,192 | 482,872 |
NEXTIN, Inc. * | 14,297 | 818,137 |
NHN Corp. | 30,486 | 607,843 |
NHN KCP Corp. | 38,575 | 389,632 |
NICE Holdings Co. Ltd. * | 34,714 | 334,731 |
NICE Information Service Co. Ltd. * | 63,086 | 506,924 |
NKMax Co. Ltd. * | 129,876 | 159,175 |
OCI Co. Ltd. | 8,533 | 541,483 |
Orion Holdings Corp. | 43,451 | 466,619 |
Oscotec, Inc. * | 66,501 | 1,106,186 |
Park Systems Corp. | 8,859 | 1,146,294 |
Partron Co. Ltd. | 79,548 | 469,546 |
People & Technology, Inc. * | 35,443 | 1,072,659 |
Peptron, Inc. | 34,323 | 592,842 |
PharmaResearch Co. Ltd. | 11,532 | 813,198 |
Pharmicell Co. Ltd. * | 104,976 | 425,706 |
PI Advanced Materials Co. Ltd. * | 26,831 | 424,146 |
Poongsan Corp. | 35,691 | 1,156,554 |
Posco DX Co. Ltd. * | 102,471 | 4,163,173 |
Rainbow Robotics * | 14,596 | 1,769,146 |
RFHIC Corp. | 31,869 | 401,115 |
S&S Tech Corp. | 30,488 | 1,007,414 |
Sam Chun Dang Pharm Co. Ltd. | 26,467 | 1,423,128 |
Sam-A Aluminum Co. Ltd. | 15,647 | 1,162,127 |
Sambu Engineering & Construction Co. Ltd. * | 383,247 | 695,060 |
Samchully Co. Ltd. * | 4,198 | 317,151 |
Samwha Capacitor Co. Ltd. | 14,526 | 358,896 |
Samyang Foods Co. Ltd. | 7,686 | 986,435 |
Samyang Holdings Corp. | 11,513 | 629,428 |
SeAH Besteel Holdings Corp. | 21,440 | 415,404 |
Sebang Global Battery Co. Ltd. | 15,286 | 913,762 |
Seobu T&D | 58,687 | 330,103 |
Seojin System Co. Ltd. * | 36,850 | 565,923 |
Seoul Semiconductor Co. Ltd. * | 74,433 | 556,179 |
SFA Engineering Corp. | 35,542 | 665,945 |
SFA Semicon Co. Ltd. * | 146,068 | 655,968 |
Shin Poong Pharmaceutical Co. Ltd. * | 67,502 | 608,309 |
Shinhan Alpha REIT Co. Ltd. | 134,961 | 726,697 |
Shinsung E&G Co. Ltd. * | 333,774 | 487,777 |
SIMMTECH Co. Ltd. | 36,249 | 775,831 |
SK Discovery Co. Ltd. | 20,350 | 667,839 |
SK Gas Ltd. | 4,864 | 578,961 |
SK oceanplant Co. Ltd. * | 52,675 | 513,854 |
SK REITs Co. Ltd. | 340,081 | 992,201 |
SK Securities Co. Ltd. | 626,255 | 298,642 |
SL Corp. | 28,806 | 730,101 |
SM Entertainment Co. Ltd. | 22,109 | 1,298,381 |
SNT Motiv Co. Ltd. | 13,389 | 446,937 |
Solid, Inc. | 84,353 | 385,150 |
SOLUM Co. Ltd. * | 69,010 | 1,500,330 |
Songwon Industrial Co. Ltd. | 28,913 | 330,906 |
Soulbrain Co. Ltd. | 7,971 | 1,628,201 |
ST Pharm Co. Ltd. | 17,213 | 822,129 |
STCUBE * | 86,894 | 411,109 |
Studio Dragon Corp. * | 12,935 | 439,067 |
Sung Kwang Bend Co. Ltd. | 32,132 | 278,464 |
Sungeel Hitech Co. Ltd. * | 9,665 | 711,302 |
Sungwoo Hitech Co. Ltd. | 86,706 | 640,072 |
Taekwang Industrial Co. Ltd. * | 1,008 | 594,989 |
Taihan Electric Wire Co. Ltd. * | 71,116 | 500,952 |
TCC Steel * | 32,781 | 1,666,622 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
TES Co. Ltd. | 23,361 | 350,520 |
TK Corp. | 23,884 | 234,248 |
TKG Huchems Co. Ltd. | 41,710 | 628,031 |
Tokai Carbon Korea Co. Ltd. | 8,677 | 617,086 |
Unid Co. Ltd. | 6,730 | 393,207 |
Vaxcell-Bio Therapeutics Co. Ltd. * | 29,489 | 425,194 |
Webzen, Inc. | 28,215 | 353,005 |
WONIK IPS Co. Ltd. * | 67,705 | 1,667,711 |
W-Scope Chungju Plant Co. Ltd. * | 41,467 | 1,402,890 |
Wysiwyg Studios Co. Ltd. * | 176,320 | 364,795 |
YG Entertainment, Inc. | 21,274 | 653,429 |
Youlchon Chemical Co. Ltd. | 24,449 | 761,048 |
Young Poong Corp. * | 942 | 356,540 |
Youngone Corp. * | 58,177 | 1,922,340 |
Youngone Holdings Co. Ltd. | 10,251 | 702,081 |
Yuanta Securities Korea Co. Ltd. * | 147,440 | 297,294 |
Yunsung F&C Co. Ltd. | 6,520 | 448,997 |
218,143,641 | ||
Singapore 0.8% | ||
AEM Holdings Ltd. | 504,955 | 803,662 |
AIMS APAC REIT | 1,192,694 | 1,117,652 |
CapitaLand China Trust | 2,255,860 | 1,241,512 |
Capitaland India Trust | 1,941,397 | 1,458,286 |
CDL Hospitality Trusts | 1,727,661 | 1,239,917 |
Cromwell European Real Estate Investment Trust | 633,355 | 980,101 |
Digital Core REIT Management Pte. Ltd. | 1,397,349 | 810,462 |
Eagle Hospitality Trust *(b) | 940,343 | 1 |
ESR-LOGOS REIT | 12,109,249 | 2,791,810 |
Far East Hospitality Trust | 1,916,234 | 869,331 |
First Real Estate Investment Trust | 2,072,357 | 385,311 |
First Resources Ltd. | 998,878 | 1,054,891 |
Frasers Centrepoint Trust | 2,080,757 | 3,389,006 |
Hour Glass Ltd. | 428,159 | 493,564 |
iFAST Corp. Ltd. | 309,746 | 1,670,131 |
Keppel Infrastructure Trust | 7,738,015 | 2,819,892 |
Keppel Pacific Oak U.S. REIT | 2,201,035 | 275,129 |
Lendlease Global Commercial REIT | 3,579,718 | 1,530,818 |
OUE Real Estate Investment Trust | 4,085,339 | 789,966 |
Paragon REIT | 2,180,445 | 1,337,846 |
Parkway Life Real Estate Investment Trust | 737,165 | 1,929,809 |
Raffles Medical Group Ltd. | 1,820,835 | 1,381,267 |
Riverstone Holdings Ltd. | 1,056,506 | 530,375 |
Sheng Siong Group Ltd. | 1,220,927 | 1,407,435 |
Starhill Global REIT | 2,823,770 | 1,008,039 |
UMS Holdings Ltd. | 828,044 | 886,794 |
32,203,007 | ||
Spain 1.7% | ||
Acerinox SA | 376,613 | 4,130,538 |
Almirall SA | 161,354 | 1,382,906 |
Applus Services SA | 256,270 | 3,161,478 |
Atresmedia Corp. de Medios de Comunicacion SA | 171,589 | 702,261 |
Cia de Distribucion Integral Logista Holdings SA | 120,267 | 3,232,851 |
CIE Automotive SA | 81,978 | 2,184,102 |
Construcciones y Auxiliar de Ferrocarriles SA | 51,109 | 1,811,325 |
Distribuidora Internacional de Alimentacion SA * | 22,862,649 | 316,683 |
Ebro Foods SA | 147,838 | 2,332,551 |
Ence Energia y Celulosa SA | 245,762 | 758,494 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Faes Farma SA | 609,653 | 1,979,209 |
Fluidra SA | 263,184 | 6,140,389 |
Fomento de Construcciones y Contratas SA | 87,306 | 1,254,671 |
Gestamp Automocion SA | 289,451 | 917,762 |
Global Dominion Access SA | 200,241 | 750,834 |
Indra Sistemas SA | 237,509 | 4,541,551 |
Inmobiliaria Colonial Socimi SA | 618,090 | 3,357,709 |
Laboratorios Farmaceuticos Rovi SA | 41,795 | 3,349,169 |
Lar Espana Real Estate Socimi SA | 119,824 | 833,763 |
Let's GOWEX SA *(b) | 5,361 | 0 |
Linea Directa Aseguradora SA Cia de Seguros y Reaseguros | 1,320,324 | 1,308,771 |
Melia Hotels International SA * | 204,408 | 1,457,709 |
Neinor Homes SA | 52,144 | 577,819 |
Pharma Mar SA | 26,353 | 866,944 |
Prosegur Cash SA | 723,765 | 380,646 |
Prosegur Compania de Seguridad SA | 395,727 | 758,834 |
Sacyr SA | 634,752 | 2,082,672 |
Solaria Energia y Medio Ambiente SA * | 155,953 | 1,859,786 |
Tecnicas Reunidas SA * | 86,367 | 731,341 |
Unicaja Banco SA | 2,988,744 | 3,054,768 |
Vidrala SA | 43,923 | 4,510,719 |
Viscofan SA | 75,283 | 4,244,458 |
64,972,713 | ||
Sweden 5.3% | ||
AAK AB | 337,191 | 7,442,841 |
AddLife AB, B Shares | 212,886 | 2,059,434 |
Addnode Group AB | 236,807 | 2,483,081 |
AddTech AB, B Shares | 433,361 | 9,590,737 |
AFRY AB | 190,302 | 2,995,926 |
Alleima AB | 362,271 | 2,384,226 |
Arjo AB, B Shares | 437,582 | 2,072,155 |
Atrium Ljungberg AB, B Shares | 86,105 | 1,596,039 |
Attendo AB * | 209,988 | 752,896 |
Avanza Bank Holding AB | 241,608 | 5,314,351 |
Beijer Alma AB | 87,730 | 1,478,636 |
Betsson AB, Class B | 222,550 | 2,202,390 |
Bilia AB, A Shares | 138,354 | 1,776,983 |
Billerud Aktiebolag | 411,821 | 3,511,092 |
BioArctic AB * | 65,089 | 1,348,649 |
Biotage AB | 105,291 | 1,767,493 |
Boozt AB * | 107,517 | 1,385,077 |
Bravida Holding AB | 386,621 | 3,289,891 |
Bufab AB | 58,771 | 2,250,320 |
Bure Equity AB | 105,353 | 3,378,236 |
Camurus AB *(a) | 39,846 | 1,757,507 |
Catena AB | 63,806 | 2,616,999 |
Cibus Nordic Real Estate AB publ | 105,671 | 1,188,198 |
Clas Ohlson AB, B Shares | 69,193 | 1,180,249 |
Cloetta AB, B Shares | 395,080 | 682,683 |
Corem Property Group AB, B Shares | 1,293,386 | 1,129,960 |
Dios Fastigheter AB | 170,354 | 1,237,223 |
Dometic Group AB | 622,694 | 4,982,780 |
Electrolux Professional AB, B Shares | 444,765 | 2,832,583 |
Elekta AB, B Shares (a) | 662,191 | 4,795,828 |
Embracer Group AB *(a) | 1,713,099 | 3,039,638 |
Fabege AB | 481,883 | 3,941,703 |
Fagerhult Group AB | 125,394 | 745,278 |
Fortnox AB | 966,000 | 6,734,726 |
Granges AB | 205,720 | 2,004,028 |
Hemnet Group AB | 152,510 | 4,663,387 |
Hexatronic Group AB | 344,192 | 1,051,791 |
Hexpol AB | 483,168 | 5,607,998 |
HMS Networks AB | 55,135 | 2,399,896 |
Hufvudstaden AB, A Shares | 204,271 | 2,428,167 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Instalco AB | 467,088 | 1,701,793 |
Intrum AB (a) | 151,578 | 502,601 |
Investment AB Oresund | 58,920 | 654,828 |
INVISIO AB | 65,394 | 1,377,720 |
JM AB | 124,231 | 1,934,159 |
Lagercrantz Group AB, B Shares | 372,066 | 5,400,781 |
Lindab International AB | 134,282 | 2,818,670 |
Loomis AB | 139,291 | 3,766,495 |
Medicover AB, B Shares | 126,090 | 1,746,198 |
MEKO AB | 81,759 | 918,139 |
MIPS AB | 51,880 | 1,588,370 |
Modern Times Group MTG AB, B Shares * | 180,911 | 1,305,153 |
Munters Group AB | 250,075 | 4,574,963 |
Mycronic AB | 134,203 | 4,422,657 |
NCC AB, B Shares | 154,543 | 2,093,939 |
Nolato AB, B Shares | 346,291 | 1,440,390 |
Nordnet AB publ | 332,822 | 6,079,117 |
Norion Bank AB * | 165,454 | 700,355 |
NP3 Fastigheter AB | 55,505 | 1,005,773 |
Nyfosa AB | 354,165 | 2,998,309 |
OX2 AB *(a) | 291,588 | 1,465,344 |
Pandox AB | 172,729 | 2,604,093 |
Peab AB, B Shares | 380,099 | 2,095,651 |
Platzer Fastigheter Holding AB, B Shares | 103,126 | 761,427 |
Ratos AB, B Shares | 380,130 | 1,271,086 |
Resurs Holding AB | 276,288 | 392,506 |
Samhallsbyggnadsbolaget i Norden AB (a) | 2,162,928 | 766,095 |
Scandic Hotels Group AB * | 263,665 | 1,330,626 |
Sdiptech AB, B Shares * | 61,892 | 1,492,952 |
Sectra AB, B Shares | 289,785 | 5,773,324 |
Sinch AB * | 1,191,300 | 2,989,921 |
SkiStar AB | 78,851 | 986,833 |
Stillfront Group AB * | 865,599 | 803,742 |
Storskogen Group AB, B Shares | 2,692,932 | 1,347,579 |
Systemair AB | 123,885 | 973,365 |
Thule Group AB | 186,576 | 5,075,757 |
Troax Group AB | 72,409 | 1,539,508 |
Truecaller AB, B Shares *(a) | 323,977 | 892,957 |
Viaplay Group AB, B Shares *(a) | 2,192,737 | 224,837 |
Vitec Software Group AB, B Shares | 66,883 | 3,671,392 |
Vitrolife AB | 126,235 | 2,203,252 |
Volati AB | 39,074 | 394,235 |
Wallenstam AB, B Shares | 653,175 | 2,899,928 |
Wihlborgs Fastigheter AB | 516,118 | 4,159,889 |
207,247,784 | ||
Switzerland 4.0% | ||
Accelleron Industries AG | 180,807 | 6,118,958 |
Allreal Holding AG | 28,159 | 4,860,789 |
ALSO Holding AG | 5,225 | 1,373,673 |
ams-OSRAM AG * | 1,806,661 | 2,763,696 |
APG SGA SA | 2,121 | 508,240 |
Arbonia AG | 97,774 | 1,350,215 |
Aryzta AG * | 1,795,464 | 3,189,036 |
Autoneum Holding AG * | 7,160 | 1,048,935 |
Basilea Pharmaceutica AG * | 24,416 | 974,644 |
Bell Food Group AG | 3,675 | 1,099,725 |
Bossard Holding AG, Class A | 4,942 | 1,125,286 |
Bucher Industries AG | 12,587 | 5,348,993 |
Burckhardt Compression Holding AG | 6,011 | 3,590,694 |
Bystronic AG | 2,496 | 1,228,796 |
Cembra Money Bank AG | 56,602 | 4,830,663 |
Comet Holding AG | 14,295 | 5,081,296 |
COSMO Pharmaceuticals NV | 16,560 | 1,239,344 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Daetwyler Holding AG | 14,227 | 2,937,333 |
DocMorris AG * | 17,057 | 1,602,938 |
dormakaba Holding AG | 5,920 | 3,085,889 |
EFG International AG | 172,446 | 2,479,321 |
Forbo Holding AG | 1,802 | 2,079,191 |
Galenica AG | 94,236 | 8,128,129 |
Hiag Immobilien Holding AG | 8,440 | 680,529 |
Huber & Suhner AG | 32,952 | 2,402,497 |
Idorsia Ltd. *(a) | 238,962 | 605,716 |
Implenia AG | 28,952 | 1,017,619 |
Inficon Holding AG | 3,727 | 5,798,637 |
Interroll Holding AG | 1,059 | 3,343,388 |
Intershop Holding AG | 2,097 | 1,464,602 |
Investis Holding SA | 5,767 | 615,636 |
Kardex Holding AG | 11,278 | 3,009,857 |
Komax Holding AG | 9,206 | 1,718,774 |
Landis & Gyr Group AG | 41,165 | 3,223,357 |
LEM Holding SA | 901 | 1,729,249 |
Leonteq AG | 20,138 | 654,076 |
Medacta Group SA | 11,791 | 1,695,237 |
Medartis Holding AG * | 8,266 | 681,519 |
Medmix AG | 46,931 | 807,988 |
Meyer Burger Technology AG *(a) | 6,754,991 | 508,609 |
Mobimo Holding AG | 13,700 | 4,029,641 |
Montana Aerospace AG * | 44,030 | 777,044 |
OC Oerlikon Corp. AG | 362,199 | 1,731,711 |
PIERER Mobility AG | 18,351 | 960,742 |
PolyPeptide Group AG * | 28,493 | 520,967 |
Rieter Holding AG | 5,850 | 623,167 |
Schweiter Technologies AG | 1,842 | 922,517 |
Sensirion Holding AG * | 20,048 | 1,520,875 |
SFS Group AG | 33,709 | 4,226,306 |
Siegfried Holding AG | 7,878 | 7,926,759 |
SKAN Group AG | 20,649 | 1,906,494 |
Softwareone Holding AG | 234,179 | 4,388,114 |
St. Galler Kantonalbank AG | 5,485 | 3,111,416 |
Stadler Rail AG | 103,435 | 3,267,914 |
Sulzer AG | 33,661 | 3,952,697 |
Swissquote Group Holding SA | 16,905 | 4,511,584 |
u-blox Holding AG | 13,278 | 1,271,178 |
Valiant Holding AG | 29,803 | 3,472,588 |
Vetropack Holding AG | 23,634 | 960,873 |
Vontobel Holding AG | 53,356 | 3,272,073 |
VP Bank AG, Class A | 4,874 | 533,591 |
VZ Holding AG | 26,285 | 3,313,423 |
Ypsomed Holding AG | 6,460 | 2,674,090 |
Zehnder Group AG | 17,912 | 1,098,459 |
156,977,297 | ||
United Kingdom 12.4% | ||
4imprint Group PLC | 53,446 | 3,853,572 |
888 Holdings PLC * | 808,338 | 884,469 |
AG Barr PLC | 170,702 | 1,124,993 |
AJ Bell PLC | 550,147 | 2,114,170 |
Alphawave IP Group PLC * | 516,794 | 1,124,396 |
AO World PLC * | 617,070 | 724,753 |
Ascential PLC * | 831,754 | 3,139,548 |
Ashmore Group PLC | 884,320 | 2,317,782 |
ASOS PLC *(a) | 126,754 | 604,472 |
Assura PLC | 5,757,202 | 3,028,094 |
Aston Martin Lagonda Global Holdings PLC * | 559,742 | 1,223,503 |
Auction Technology Group PLC * | 170,538 | 1,305,119 |
Babcock International Group PLC | 494,336 | 3,062,770 |
Bakkavor Group PLC | 260,685 | 313,266 |
Balanced Commercial Property Trust Ltd. | 1,011,316 | 997,826 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Balfour Beatty PLC | 1,057,433 | 4,539,814 |
Bank of Georgia Group PLC | 68,329 | 4,070,984 |
Bellway PLC | 233,899 | 7,982,588 |
Big Yellow Group PLC | 361,393 | 4,585,156 |
Bodycote PLC | 366,057 | 2,863,926 |
Bridgepoint Group PLC | 470,357 | 1,539,803 |
Britvic PLC | 481,597 | 5,178,168 |
Bytes Technology Group PLC | 393,066 | 2,771,940 |
C&C Group PLC | 761,061 | 1,380,518 |
Capita PLC * | 3,411,416 | 876,000 |
Capricorn Energy PLC | 192,854 | 282,495 |
Carnival PLC * | 283,460 | 4,014,110 |
Centamin PLC | 2,240,115 | 2,558,771 |
Chemring Group PLC | 554,629 | 2,434,476 |
Clarkson PLC | 48,456 | 2,200,470 |
Close Brothers Group PLC | 326,526 | 1,432,420 |
CLS Holdings PLC | 313,182 | 360,505 |
Coats Group PLC | 3,233,309 | 2,781,183 |
Computacenter PLC | 135,941 | 4,990,238 |
Cranswick PLC | 102,425 | 4,982,974 |
Crest Nicholson Holdings PLC | 488,115 | 1,308,975 |
Currys PLC * | 1,901,735 | 1,587,696 |
Darktrace PLC * | 778,035 | 3,512,522 |
Deliveroo PLC * | 2,199,003 | 3,054,229 |
Derwent London PLC | 216,337 | 5,265,132 |
Diploma PLC | 253,737 | 11,092,538 |
Direct Line Insurance Group PLC * | 2,538,984 | 6,487,610 |
Diversified Energy Co. PLC | 91,992 | 1,088,597 |
Domino's Pizza Group PLC | 821,998 | 3,504,080 |
Dowlais Group PLC | 2,566,659 | 2,946,701 |
Dr Martens PLC | 1,135,554 | 1,366,035 |
Drax Group PLC | 753,935 | 4,441,335 |
Dunelm Group PLC | 220,898 | 3,210,593 |
easyJet PLC | 716,176 | 4,926,431 |
Elementis PLC * | 1,114,913 | 1,994,177 |
Energean PLC | 265,420 | 3,424,579 |
Essentra PLC | 553,442 | 1,166,328 |
FDM Group Holdings PLC | 171,386 | 865,011 |
Ferrexpo PLC * | 572,164 | 521,830 |
Finablr PLC *(b) | 225,475 | 0 |
Firstgroup PLC | 1,285,959 | 2,573,398 |
Frasers Group PLC * | 241,303 | 2,469,361 |
Future PLC | 231,188 | 1,791,203 |
Games Workshop Group PLC | 63,638 | 7,570,921 |
Genuit Group PLC | 454,161 | 2,320,944 |
Genus PLC | 126,569 | 2,869,054 |
Grafton Group PLC | 404,604 | 5,001,859 |
Grainger PLC | 1,406,017 | 4,432,125 |
Great Portland Estates PLC | 410,063 | 1,870,466 |
Greencore Group PLC * | 978,240 | 1,264,648 |
Greggs PLC | 193,305 | 6,592,291 |
Halfords Group PLC | 420,871 | 809,219 |
Hammerson PLC (a) | 7,592,859 | 2,439,565 |
Harbour Energy PLC | 1,238,567 | 3,954,415 |
Hays PLC | 3,046,608 | 3,626,433 |
Helical PLC | 204,934 | 495,132 |
Helios Towers PLC * | 1,520,123 | 1,450,813 |
Hill & Smith PLC | 155,744 | 3,573,732 |
Hilton Food Group PLC | 155,680 | 1,571,481 |
Hochschild Mining PLC * | 633,777 | 743,172 |
Home Reit PLC *(b) | 1,478,309 | 2 |
Ibstock PLC | 727,005 | 1,485,195 |
IG Group Holdings PLC | 696,025 | 6,154,254 |
Inchcape PLC | 723,949 | 6,245,479 |
Indivior PLC * | 239,916 | 5,204,712 |
IntegraFin Holdings PLC | 567,975 | 1,961,396 |
International Distributions Services PLC * | 1,304,414 | 3,996,345 |
Investec PLC | 1,191,306 | 7,430,734 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
IP Group PLC | 1,944,908 | 1,177,211 |
Ithaca Energy PLC | 209,268 | 364,246 |
IWG PLC * | 1,388,518 | 3,263,402 |
J D Wetherspoon PLC * | 179,691 | 1,722,935 |
John Wood Group PLC * | 1,300,456 | 2,424,748 |
JTC PLC | 283,059 | 2,792,833 |
Jupiter Fund Management PLC | 826,499 | 846,839 |
Just Group PLC | 2,035,260 | 2,160,008 |
Kainos Group PLC | 178,481 | 2,490,238 |
Keller Group PLC | 140,788 | 1,540,477 |
Lancashire Holdings Ltd. | 480,977 | 3,960,762 |
Liontrust Asset Management PLC | 120,465 | 975,246 |
LondonMetric Property PLC | 2,036,896 | 4,648,136 |
LXI REIT PLC | 2,948,685 | 3,694,505 |
Man Group PLC | 2,307,223 | 7,106,601 |
Marks & Spencer Group PLC | 3,804,635 | 11,396,411 |
Marshalls PLC | 441,922 | 1,673,674 |
Mitchells & Butlers PLC * | 500,598 | 1,488,094 |
Mitie Group PLC | 2,567,873 | 3,469,111 |
Mobico Group PLC | 1,056,559 | 1,042,466 |
Molten Ventures PLC * | 293,185 | 985,016 |
Moneysupermarket.com Group PLC | 1,016,060 | 3,146,329 |
Moonpig Group PLC * | 543,409 | 1,153,433 |
Morgan Advanced Materials PLC | 555,946 | 1,856,564 |
Morgan Sindall Group PLC | 80,884 | 2,399,269 |
NCC Group PLC | 583,085 | 932,293 |
Network International Holdings PLC * | 867,408 | 4,202,383 |
Ninety One PLC | 652,124 | 1,352,843 |
OSB Group PLC | 761,814 | 4,008,812 |
Oxford Biomedica PLC * | 165,212 | 359,454 |
Oxford Instruments PLC | 104,292 | 2,882,543 |
Oxford Nanopore Technologies PLC * | 1,163,432 | 1,957,339 |
Pagegroup PLC | 609,656 | 3,488,838 |
Paragon Banking Group PLC | 420,108 | 3,422,317 |
Pennon Group PLC | 510,290 | 4,269,926 |
Petershill Partners PLC | 539,392 | 1,183,115 |
Petrofac Ltd. *(a) | 852,777 | 283,488 |
Pets at Home Group PLC | 931,628 | 3,254,915 |
Picton Property Income Ltd. | 1,009,548 | 804,528 |
Playtech PLC * | 593,265 | 3,327,498 |
Plus500 Ltd. | 159,294 | 3,425,482 |
Premier Foods PLC | 1,272,189 | 2,217,554 |
Primary Health Properties PLC | 2,609,031 | 2,948,813 |
PureTech Health PLC * | 487,690 | 1,215,300 |
PZ Cussons PLC | 437,013 | 552,800 |
QinetiQ Group PLC | 989,382 | 4,638,129 |
Quilter PLC | 2,649,972 | 3,233,084 |
Rank Group PLC * | 416,332 | 371,807 |
Rathbones Group PLC | 117,565 | 2,313,988 |
Redde Northgate PLC | 434,063 | 1,899,775 |
Redrow PLC | 518,106 | 4,197,698 |
RHI Magnesita NV | 36,073 | 1,685,592 |
Rotork PLC | 1,663,422 | 6,489,186 |
S4 Capital PLC * | 876,297 | 444,276 |
Safestore Holdings PLC | 410,047 | 3,965,377 |
Savills PLC | 260,833 | 3,043,703 |
Senior PLC | 827,417 | 1,653,693 |
Serco Group PLC | 2,103,158 | 4,982,910 |
Shaftesbury Capital PLC | 2,665,459 | 4,177,502 |
SIG PLC * | 1,312,250 | 514,579 |
Sirius Real Estate Ltd. | 2,221,128 | 2,430,318 |
Softcat PLC | 239,402 | 4,445,568 |
Spectris PLC | 197,051 | 8,736,552 |
Spire Healthcare Group PLC | 547,411 | 1,561,469 |
Spirent Communications PLC | 1,093,560 | 1,445,547 |
SSP Group PLC | 1,529,453 | 4,236,953 |
Supermarket Income Reit PLC | 2,422,136 | 2,319,358 |
Synthomer PLC * | 229,383 | 422,760 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
TBC Bank Group PLC | 98,787 | 3,698,835 |
Telecom Plus PLC | 132,930 | 2,458,350 |
THG PLC *(a) | 1,879,382 | 1,493,435 |
TI Fluid Systems PLC | 613,714 | 1,180,003 |
TP ICAP Group PLC | 1,528,232 | 3,460,316 |
Trainline PLC * | 885,642 | 3,468,427 |
Travis Perkins PLC | 407,532 | 3,800,322 |
Tritax Big Box REIT PLC | 3,687,429 | 6,838,031 |
Trustpilot Group PLC * | 651,360 | 1,576,193 |
TUI AG * | 866,791 | 6,046,907 |
Tullow Oil PLC *(a) | 2,091,480 | 744,477 |
U.K. Commercial Property REIT Ltd. | 1,423,222 | 1,146,794 |
Vanquis Banking Group PLC | 500,117 | 766,739 |
Vesuvius PLC | 416,365 | 2,552,296 |
Victrex PLC | 166,488 | 2,590,368 |
Virgin Money U.K. PLC | 2,226,974 | 4,362,142 |
Vistry Group PLC | 667,639 | 8,876,011 |
Volution Group PLC | 370,844 | 1,899,852 |
Watches of Switzerland Group PLC * | 446,008 | 2,280,407 |
WH Smith PLC | 240,391 | 3,758,461 |
Wickes Group PLC | 497,732 | 1,000,444 |
Workspace Group PLC | 284,711 | 1,756,068 |
XP Power Ltd. | 35,239 | 463,586 |
488,605,103 | ||
Total Common Stocks (Cost $3,746,970,052) | 3,915,728,936 | |
PREFERRED STOCKS 0.1% OF NET ASSETS | ||
Germany 0.0% | ||
Draegerwerk AG & Co. KGaA | 16,634 | 866,724 |
Italy 0.1% | ||
Danieli & C Officine Meccaniche SpA - RSP | 69,738 | 1,724,421 |
Republic of Korea 0.0% | ||
Daishin Securities Co. Ltd. * | 41,684 | 468,303 |
Sweden 0.0% | ||
Corem Property Group AB | 22,523 | 493,016 |
Total Preferred Stocks (Cost $2,921,805) | 3,552,464 | |
RIGHTS 0.0% OF NET ASSETS | ||
Australia 0.0% | ||
Lifestyle Communities Ltd. | ||
expires 03/14/24, strike AUD 16.00 *(b) | 30,431 | 0 |
Republic of Korea 0.0% | ||
Foosung Co. Ltd. | ||
expires 04/11/24, strike KRW 6,870.00 *(b) | 13,576 | 14,987 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Taihan Electric Wire Co. Ltd. | ||
expires 03/12/24, strike KRW 7,460.00 *(b) | 35,647 | 43,903 |
58,890 | ||
Total Rights (Cost $0) | 58,890 | |
WARRANTS 0.0% OF NET ASSETS | ||
Australia 0.0% | ||
PointsBet Holdings Ltd. | ||
expires 07/08/24 *(b) | 19,829 | 3 |
Italy 0.0% | ||
Webuild SpA | ||
expires 08/02/30 *(a)(b) | 41,766 | 88,586 |
Total Warrants (Cost $0) | 88,589 |
SHORT-TERM INVESTMENTS 2.1% OF NET ASSETS | ||
Money Market Funds 2.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (c) | 3,315,328 | 3,315,328 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (c)(d) | 78,927,688 | 78,927,688 |
82,243,016 | ||
Total Short-Term Investments (Cost $82,243,016) | 82,243,016 | |
Total Investments in Securities (Cost $3,832,134,873) | 4,001,671,895 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
MSCI EAFE Index, expires 03/15/24 | 161 | 18,417,595 | 596,156 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $74,761,362. |
(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 |
RSP — | Risparmio (Savings Shares) |
AUD — | Australian Dollar |
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 | $2,834,946,260 | $— | $— | $2,834,946,260 |
Australia | 251,255,347 | — | 592,684 * | 251,848,031 |
Hong Kong | 24,773,082 | — | 237,099 * | 25,010,181 |
Republic of Korea | 218,065,000 | — | 78,641 | 218,143,641 |
Singapore | 32,203,006 | — | 1 | 32,203,007 |
Spain | 64,972,713 | — | 0 * | 64,972,713 |
United Kingdom | 488,605,101 | — | 2 * | 488,605,103 |
Preferred Stocks1 | 3,552,464 | — | — | 3,552,464 |
Rights | ||||
Australia | — | — | 0 * | 0 |
Republic of Korea | — | — | 58,890 | 58,890 |
Warrants | ||||
Australia | — | — | 3 | 3 |
Italy | — | — | 88,586 | 88,586 |
Short-Term Investments1 | 82,243,016 | — | — | 82,243,016 |
Futures Contracts2 | 596,156 | — | — | 596,156 |
Total | $4,001,212,145 | $— | $1,055,906 | $4,002,268,051 |
* | Level 3 amount shown includes securities determined to have no value at February 29, 2024. |
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 $3,832,134,873) including securities on loan of $74,761,362 | $4,001,671,895 | |
Foreign currency, at value (cost $5,158,375) | 5,148,295 | |
Deposit with broker for futures contracts | 868,174 | |
Receivables: | ||
Dividends | 7,030,713 | |
Foreign tax reclaims | 2,852,730 | |
Income from securities on loan | 161,473 | |
Variation margin on future contracts | + | 40,761 |
Total assets | 4,017,774,041 | |
Liabilities | ||
Collateral held for securities on loan | 78,927,688 | |
Payables: | ||
Management fees | 339,608 | |
Foreign capital gains tax | + | 35,128 |
Total liabilities | 79,302,424 | |
Net assets | $3,938,471,617 | |
Net Assets by Source | ||
Capital received from investors | $4,173,866,283 | |
Total distributable loss | + | (235,394,666 ) |
Net assets | $3,938,471,617 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$3,938,471,617 | 114,900,000 | $34.28 | ||
For the period September 1, 2023 through February 29, 2024; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $4,384,848) | $35,722,697 | |
Interest received from securities - unaffiliated | 34,496 | |
Securities on loan, net | + | 1,315,071 |
Total investment income | 37,072,264 | |
Expenses | ||
Management fees | 2,053,034 | |
Professional fees | + | 6,175 1 |
Total expenses | 2,059,209 | |
Expense reduction | – | 6,175 1 |
Net expenses | – | 2,053,034 |
Net investment income | 35,019,230 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated | (43,857,232 ) | |
Net realized gains on futures contracts | 295,978 | |
Net realized gains on foreign currency transactions | + | 156,551 |
Net realized losses | (43,404,703 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated (net of change in foreign capital gains tax of ($8,143)) | 142,254,910 | |
Net change in unrealized appreciation (depreciation) on futures contracts | 836,013 | |
Net change in unrealized appreciation (depreciation) on foreign currency translations | + | (92,675 ) |
Net change in unrealized appreciation (depreciation) | + | 142,998,248 |
Net realized and unrealized gains | 99,593,545 | |
Increase in net assets resulting from operations | $134,612,775 |
1 | Professional fees associated with the filing of foreign withholding tax claims in the European Union are deemed to be non-contingent and non-routine expenses of the fund (see financial notes 2(d) and 4 for additional information). |
OPERATIONS | |||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||
Net investment income | $35,019,230 | $104,717,416 | |
Net realized losses | (43,404,703 ) | (76,160,503 ) | |
Net change in unrealized appreciation (depreciation) | + | 142,998,248 | 296,509,348 |
Increase in net assets resulting from operations | $134,612,775 | $325,066,261 | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($97,746,200 ) | ($78,014,800 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 4,200,000 | $135,067,680 | 8,600,000 | $278,096,357 | |
Shares redeemed | + | — | — | (4,700,000 ) | (141,319,157 ) |
Net transactions in fund shares | 4,200,000 | $135,067,680 | 3,900,000 | $136,777,200 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 110,700,000 | $3,766,537,362 | 106,800,000 | $3,382,708,701 | |
Total increase | + | 4,200,000 | 171,934,255 | 3,900,000 | 383,828,661 |
End of period | 114,900,000 | $3,938,471,617 | 110,700,000 | $3,766,537,362 |
9/1/23– 2/29/24* | 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 | $24.62 | $25.22 | $31.64 | $27.11 | $24.82 | $25.89 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 0.18 | 0.75 | 0.93 | 0.63 | 0.79 | 0.72 |
Net realized and unrealized gains (losses) | 0.88 | (0.62 ) | (6.63 ) | 4.64 | 2.34 | (1.00 ) |
Total from investment operations | 1.06 | 0.13 | (5.70 ) | 5.27 | 3.13 | (0.28 ) |
Less distributions: | ||||||
Distributions from net investment income | (0.82 ) | (0.73 ) | (0.72 ) | (0.74 ) | (0.84 ) | (0.79 ) |
Net asset value at end of period | $24.86 | $24.62 | $25.22 | $31.64 | $27.11 | $24.82 |
Total return | 4.47 %2 | 0.61 % | (18.32 %) | 19.53 % | 12.76 % | (0.97 %) |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.11 %3 | 0.11 %4 | 0.11 %4 | 0.11 % | 0.12 %5 | 0.13 % |
Net investment income (loss) | 1.48 %3 | 3.09 % | 3.33 % | 2.04 % | 3.16 % | 2.85 % |
Portfolio turnover rate6 | 3 %2 | 13 % | 13 % | 15 % | 15 % | 13 % |
Net assets, end of period (x 1,000,000) | $8,368 | $8,463 | $8,557 | $9,505 | $7,196 | $5,804 |
* | Unaudited. |
1 | Calculated based on the average shares outstanding during the period. |
2 | Not annualized. |
3 | Annualized. |
4 | Ratio includes less than 0.005% of non-routine proxy expenses. |
5 | Effective February 25, 2020, the annual operating expense ratio was reduced to 0.11%. The ratio presented for the period ended August 31, 2020, is a blended ratio. |
6 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 97.8% OF NET ASSETS | ||
Brazil 4.6% | ||
Allos SA | 558,252 | 2,774,042 |
Alupar Investimento SA | 97,621 | 585,099 |
Ambev SA | 5,493,823 | 13,909,672 |
Atacadao SA | 657,095 | 1,598,881 |
Auren Energia SA | 498,439 | 1,287,064 |
B3 SA - Brasil Bolsa Balcao | 7,209,024 | 18,615,072 |
Banco Bradesco SA | 1,865,287 | 4,617,558 |
Banco BTG Pactual SA | 1,640,537 | 12,015,163 |
Banco do Brasil SA | 1,063,958 | 12,389,806 |
Banco Santander Brasil SA | 459,258 | 2,643,531 |
BB Seguridade Participacoes SA | 832,416 | 5,585,571 |
BRF SA * | 1,160,750 | 3,527,583 |
Caixa Seguridade Participacoes SA | 582,183 | 1,683,751 |
CCR SA | 1,455,736 | 4,037,322 |
Centrais Eletricas Brasileiras SA | 1,637,124 | 14,332,846 |
Cia de Saneamento Basico do Estado de Sao Paulo SABESP | 427,254 | 6,806,965 |
Cia Energetica de Minas Gerais | 192,698 | 582,517 |
Cia Siderurgica Nacional SA | 768,081 | 2,600,127 |
Cielo SA | 1,530,230 | 1,647,677 |
Companhia Paranaense de Energia | 1,024,459 | 1,892,774 |
Cosan SA | 1,528,105 | 5,228,339 |
CPFL Energia SA | 248,149 | 1,767,481 |
CSN Mineracao SA | 677,995 | 828,279 |
Dexco SA | 440,939 | 722,378 |
Diagnosticos da America SA * | 328,346 | 523,382 |
Embraer SA * | 906,376 | 4,456,495 |
Energisa SA | 305,130 | 3,122,138 |
Eneva SA * | 1,600,572 | 4,132,982 |
Engie Brasil Energia SA | 225,011 | 1,902,924 |
Equatorial Energia SA | 1,099,793 | 7,565,621 |
GPS Participacoes e Empreendimentos SA | 523,880 | 1,888,378 |
Grupo De Moda Soma SA | 579,035 | 815,764 |
Grupo Mateus SA * | 526,823 | 855,657 |
Hapvida Participacoes e Investimentos SA * | 5,929,761 | 4,379,907 |
Hypera SA | 523,122 | 3,461,756 |
Intelbras SA Industria de Telecomunicacao Eletronica Brasileira | 57,193 | 244,028 |
Itau Unibanco Holding SA | 540,789 | 3,190,107 |
JBS SA | 1,689,849 | 7,842,758 |
Klabin SA | 971,663 | 4,413,761 |
Localiza Rent a Car SA | 1,054,125 | 11,244,226 |
Lojas Renner SA | 1,186,132 | 3,771,827 |
M Dias Branco SA | 165,303 | 1,371,356 |
Magazine Luiza SA * | 4,001,435 | 1,715,367 |
Multiplan Empreendimentos Imobiliarios SA | 360,030 | 1,913,677 |
Natura & Co. Holding SA * | 1,209,294 | 3,969,606 |
Neoenergia SA | 291,534 | 1,267,373 |
Petroleo Brasileiro SA | 4,644,029 | 38,526,939 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Porto Seguro SA | 247,177 | 1,420,783 |
PRIO SA | 844,164 | 7,426,244 |
Raia Drogasil SA | 1,417,516 | 7,600,178 |
Rede D'Or Sao Luiz SA | 963,183 | 4,908,334 |
Rumo SA | 1,566,637 | 7,163,715 |
Sao Martinho SA | 197,226 | 1,123,343 |
Sendas Distribuidora SA | 1,684,587 | 4,814,413 |
SLC Agricola SA | 279,684 | 1,106,656 |
Smartfit Escola de Ginastica e Danca SA | 143,911 | 708,455 |
Suzano SA | 898,283 | 10,187,525 |
Telefonica Brasil SA | 550,352 | 6,034,472 |
TIM SA | 990,848 | 3,623,461 |
TOTVS SA | 566,410 | 3,498,561 |
Transmissora Alianca de Energia Eletrica SA | 293,851 | 2,093,592 |
Ultrapar Participacoes SA | 1,051,800 | 6,215,139 |
Usinas Siderurgicas de Minas Gerais SA Usiminas | 307,692 | 668,808 |
Vale SA | 4,729,790 | 63,769,562 |
Vamos Locacao de Caminhoes Maquinas e Equipamentos SA | 433,199 | 761,138 |
Vibra Energia SA | 1,350,622 | 7,029,492 |
WEG SA | 1,868,434 | 13,797,076 |
388,206,474 | ||
Chile 0.5% | ||
Aguas Andinas SA, Class A | 4,345,364 | 1,276,178 |
Banco de Chile | 58,317,287 | 6,754,328 |
Banco de Credito e Inversiones SA | 82,725 | 2,292,653 |
Banco Itau Chile SA | 94,975 | 933,039 |
Banco Santander Chile | 77,628,918 | 3,771,406 |
Cencosud SA | 1,605,575 | 2,880,692 |
Cencosud Shopping SA | 675,413 | 1,103,553 |
Cia Cervecerias Unidas SA | 177,121 | 1,025,894 |
Cia Sud Americana de Vapores SA | 23,336,228 | 1,627,719 |
Colbun SA | 9,903,502 | 1,359,534 |
Empresas CMPC SA | 1,604,710 | 2,845,951 |
Empresas Copec SA | 629,576 | 4,036,516 |
Enel Americas SA | 25,120,396 | 2,558,760 |
Enel Chile SA | 31,226,719 | 1,873,897 |
Falabella SA * | 1,040,710 | 2,636,711 |
Latam Airlines Group SA * | 208,656,768 | 2,621,655 |
Plaza SA * | 422,375 | 624,599 |
Quinenco SA | 312,914 | 1,067,806 |
Sociedad de Inversiones Oro Blanco SA | 21,768,335 | 154,650 |
41,445,541 | ||
China 28.3% | ||
360 Security Technology, Inc., A Shares * | 698,500 | 850,192 |
37 Interactive Entertainment Network Technology Group Co. Ltd., A Shares | 132,900 | 359,306 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
3peak, Inc., A Shares | 10,330 | 158,063 |
3SBio, Inc. | 2,432,101 | 1,606,116 |
Advanced Micro-Fabrication Equipment, Inc. China, A Shares | 53,140 | 1,082,602 |
AECC Aero-Engine Control Co. Ltd., A Shares | 113,300 | 278,169 |
AECC Aviation Power Co. Ltd., A Shares | 207,500 | 990,954 |
Agricultural Bank of China Ltd., A Shares | 8,266,200 | 4,806,964 |
Agricultural Bank of China Ltd., H Shares | 39,156,237 | 16,105,033 |
Aier Eye Hospital Group Co. Ltd., A Shares | 882,644 | 1,794,627 |
Air China Ltd., A Shares * | 867,000 | 900,060 |
Air China Ltd., H Shares * | 1,881,595 | 1,009,439 |
Aisino Corp., Class A | 52,300 | 74,401 |
Akeso, Inc. * | 617,610 | 3,715,695 |
Alibaba Group Holding Ltd. | 21,317,222 | 198,501,109 |
Alibaba Health Information Technology Ltd. * | 7,285,020 | 3,201,061 |
Alibaba Pictures Group Ltd. * | 17,597,665 | 1,011,515 |
A-Living Smart City Services Co. Ltd. | 1,066,939 | 547,861 |
All Winner Technology Co. Ltd., A Shares | 54,900 | 146,979 |
Alpha Group, A Shares * | 162,500 | 170,952 |
Aluminum Corp. of China Ltd., A Shares | 701,200 | 588,773 |
Aluminum Corp. of China Ltd., H Shares | 4,570,122 | 2,288,330 |
Amlogic Shanghai Co. Ltd., A Shares | 40,017 | 310,739 |
An Hui Wenergy Co. Ltd., A Shares | 350,500 | 355,109 |
Angang Steel Co. Ltd., H Shares | 2,914,797 | 524,967 |
Angel Yeast Co. Ltd., A Shares | 93,800 | 438,456 |
Angelalign Technology, Inc. | 57,304 | 481,266 |
Anhui Anke Biotechnology Group Co. Ltd., A Shares | 148,500 | 205,688 |
Anhui Conch Cement Co. Ltd., A Shares | 372,700 | 1,238,325 |
Anhui Conch Cement Co. Ltd., H Shares | 1,424,195 | 3,114,426 |
Anhui Expressway Co. Ltd., H Shares | 818,171 | 909,218 |
Anhui Gujing Distillery Co. Ltd., A Shares | 112,704 | 3,427,616 |
Anhui Jianghuai Automobile Group Corp. Ltd., Class A * | 86,100 | 184,980 |
Anhui Kouzi Distillery Co. Ltd., A Shares | 21,100 | 124,780 |
Anhui Yingjia Distillery Co. Ltd., A Shares | 30,900 | 274,252 |
Anhui Zhongding Sealing Parts Co. Ltd., A Shares | 113,200 | 174,861 |
Anjoy Foods Group Co. Ltd., A Shares | 30,300 | 367,120 |
ANTA Sports Products Ltd. | 1,577,858 | 15,468,603 |
Apeloa Pharmaceutical Co. Ltd., A Shares | 120,600 | 233,994 |
Asymchem Laboratories Tianjin Co. Ltd., A Shares | 21,280 | 300,066 |
Autobio Diagnostics Co. Ltd., A Shares | 26,100 | 240,380 |
Autohome, Inc., ADR | 80,388 | 2,089,284 |
Avary Holding Shenzhen Co. Ltd., A Shares | 76,700 | 224,397 |
AVIC Industry-Finance Holdings Co. Ltd., A Shares | 745,300 | 343,416 |
AviChina Industry & Technology Co. Ltd., H Shares | 3,096,810 | 1,269,768 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Avicopter PLC, A Shares | 57,300 | 289,472 |
BAIC BluePark New Energy Technology Co. Ltd., A Shares * | 180,200 | 148,807 |
BAIC Motor Corp. Ltd., H Shares | 3,013,710 | 900,787 |
Baidu, Inc., A Shares * | 2,803,193 | 35,645,037 |
Bank of Beijing Co. Ltd., A Shares | 2,008,400 | 1,443,879 |
Bank of Changsha Co. Ltd., A Shares | 375,200 | 405,650 |
Bank of Chengdu Co. Ltd., A Shares | 147,900 | 271,568 |
Bank of China Ltd., A Shares | 4,143,800 | 2,570,735 |
Bank of China Ltd., H Shares | 104,088,646 | 40,950,469 |
Bank of Communications Co. Ltd., A Shares | 3,576,400 | 3,112,179 |
Bank of Communications Co. Ltd., H Shares | 9,348,682 | 6,137,879 |
Bank of Guiyang Co. Ltd., A Shares | 410,000 | 313,535 |
Bank of Hangzhou Co. Ltd., A Shares | 566,300 | 870,838 |
Bank of Jiangsu Co. Ltd., A Shares | 1,492,300 | 1,588,556 |
Bank of Nanjing Co. Ltd., A Shares | 996,700 | 1,210,385 |
Bank of Ningbo Co. Ltd., A Shares | 628,560 | 1,943,627 |
Bank of Qingdao Co. Ltd., A Shares | 566,300 | 256,221 |
Bank of Shanghai Co. Ltd., A Shares | 1,546,270 | 1,401,359 |
Bank of Zhengzhou Co. Ltd., A Shares * | 793,987 | 230,309 |
Baoshan Iron & Steel Co. Ltd., A Shares | 1,765,432 | 1,634,285 |
BBMG Corp., A Shares | 1,822,200 | 493,153 |
BeiGene Ltd. * | 795,722 | 10,773,877 |
BeiGene Ltd., Class A * | 5,102 | 93,483 |
Beijing Capital Eco-Environment Protection Group Co. Ltd., A Shares | 703,500 | 274,360 |
Beijing Capital International Airport Co. Ltd., H Shares * | 2,477,400 | 800,611 |
Beijing Dabeinong Technology Group Co. Ltd., A Shares | 399,300 | 291,498 |
Beijing Easpring Material Technology Co. Ltd., A Shares | 49,000 | 236,933 |
Beijing E-Hualu Information Technology Co. Ltd., A Shares * | 73,800 | 265,077 |
Beijing Enlight Media Co. Ltd., A Shares | 270,800 | 341,260 |
Beijing Enterprises Holdings Ltd. | 617,251 | 2,325,887 |
Beijing Enterprises Water Group Ltd. | 5,490,466 | 1,290,422 |
Beijing Jetsen Technology Co. Ltd., A Shares * | 319,000 | 225,794 |
Beijing Jingneng Clean Energy Co. Ltd., H Shares | 2,288,213 | 485,187 |
Beijing Kingsoft Office Software, Inc., A Shares | 39,574 | 1,488,161 |
Beijing New Building Materials PLC, A Shares | 164,100 | 639,751 |
Beijing Orient National Communication Science & Technology Co. Ltd., A Shares * | 157,600 | 183,733 |
Beijing Originwater Technology Co. Ltd., A Shares | 352,077 | 248,718 |
Beijing Roborock Technology Co. Ltd., A Shares | 7,369 | 333,174 |
Beijing Shiji Information Technology Co. Ltd., A Shares | 252,980 | 282,640 |
Beijing Shougang Co. Ltd., A Shares * | 666,700 | 306,273 |
Beijing Shunxin Agriculture Co. Ltd., A Shares * | 70,600 | 182,544 |
Beijing Sinnet Technology Co. Ltd., A Shares * | 130,100 | 169,729 |
Beijing Tiantan Biological Products Corp. Ltd., A Shares | 66,900 | 262,763 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Beijing Tongrentang Co. Ltd., A Shares | 138,600 | 856,001 |
Beijing Ultrapower Software Co. Ltd., A Shares | 204,800 | 308,682 |
Beijing United Information Technology Co. Ltd., A Shares | 71,905 | 210,069 |
Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., A Shares | 45,750 | 467,008 |
Beijing Yanjing Brewery Co. Ltd., A Shares | 313,000 | 380,539 |
Beijing Yuanliu Hongyuan Electronic Technology Co. Ltd., A Shares | 18,400 | 94,461 |
Beijing Zhong Ke San Huan High-Tech Co. Ltd., A Shares | 117,530 | 152,025 |
Beijing-Shanghai High Speed Railway Co. Ltd., A Shares | 1,204,200 | 843,997 |
Bethel Automotive Safety Systems Co. Ltd., A Shares | 39,100 | 342,418 |
Bilibili, Inc., Z Shares * | 293,098 | 2,869,656 |
Bloomage Biotechnology Corp. Ltd., A Shares | 34,275 | 304,112 |
Blue Moon Group Holdings Ltd. | 1,240,359 | 307,365 |
Bluefocus Intelligent Communications Group Co. Ltd., A Shares * | 275,100 | 281,772 |
BOC International China Co. Ltd., A Shares | 46,400 | 70,322 |
BOE Technology Group Co. Ltd., A Shares | 3,326,900 | 1,842,314 |
BOE Technology Group Co. Ltd., B Shares | 1,143,850 | 369,653 |
Bosideng International Holdings Ltd. | 4,587,347 | 2,314,534 |
Bright Dairy & Food Co. Ltd., A Shares | 43,000 | 54,725 |
BTG Hotels Group Co. Ltd., A Shares * | 102,500 | 217,369 |
BYD Co. Ltd., A Shares | 157,900 | 4,190,067 |
BYD Co. Ltd., H Shares | 1,216,363 | 30,033,079 |
BYD Electronic International Co. Ltd. | 966,052 | 3,652,557 |
By-health Co. Ltd., A Shares | 78,200 | 183,419 |
C&D International Investment Group Ltd. | 848,160 | 1,380,232 |
C&S Paper Co. Ltd., A Shares | 151,300 | 195,917 |
Caida Securities Co. Ltd., A Shares | 256,100 | 275,818 |
Caitong Securities Co. Ltd., A Shares | 482,060 | 533,894 |
Cambricon Technologies Corp. Ltd., Class A * | 20,570 | 481,501 |
Canmax Technologies Co. Ltd., A Shares | 73,320 | 232,825 |
CanSino Biologics, Inc., H Shares *(a) | 138,016 | 321,558 |
CECEP Solar Energy Co. Ltd., A Shares | 348,000 | 262,742 |
CECEP Wind-Power Corp., A Shares | 629,920 | 262,275 |
Central China Securities Co. Ltd., A Shares | 685,300 | 364,276 |
CETC Cyberspace Security Technology Co. Ltd., A Shares | 87,900 | 248,015 |
CGN Power Co. Ltd., H Shares | 15,127,026 | 4,598,702 |
Changchun High & New Technology Industry Group, Inc., A Shares | 41,300 | 736,553 |
Changjiang Securities Co. Ltd., A Shares | 522,200 | 398,612 |
Changzhou Xingyu Automotive Lighting Systems Co. Ltd., A Shares | 26,400 | 514,608 |
Chaozhou Three-Circle Group Co. Ltd., A Shares | 176,408 | 620,895 |
Chengdu Xingrong Environment Co. Ltd., A Shares | 283,400 | 238,748 |
Chengxin Lithium Group Co. Ltd., A Shares | 81,300 | 247,220 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Chifeng Jilong Gold Mining Co. Ltd., Class A * | 53,400 | 95,754 |
China Baoan Group Co. Ltd., A Shares | 261,200 | 431,391 |
China Bohai Bank Co. Ltd., Class H * | 4,076,850 | 578,033 |
China Cinda Asset Management Co. Ltd., H Shares | 11,709,736 | 1,121,794 |
China CITIC Bank Corp. Ltd., A Shares | 944,700 | 843,055 |
China CITIC Bank Corp. Ltd., H Shares | 11,714,145 | 6,239,524 |
China CITIC Financial Asset Management Co. Ltd., H Shares * | 18,441,872 | 789,141 |
China Coal Energy Co. Ltd., A Shares | 484,600 | 836,671 |
China Coal Energy Co. Ltd., H Shares | 2,580,368 | 2,785,115 |
China Communications Services Corp. Ltd., H Shares | 3,234,972 | 1,376,004 |
China Conch Venture Holdings Ltd. | 1,856,993 | 1,862,022 |
China Construction Bank Corp., A Shares | 1,008,500 | 979,772 |
China Construction Bank Corp., H Shares | 117,449,632 | 73,210,991 |
China CSSC Holdings Ltd., A Shares | 368,200 | 1,814,108 |
China Eastern Airlines Corp. Ltd., A Shares * | 1,268,400 | 670,706 |
China Eastern Airlines Corp. Ltd., H Shares * | 1,824,860 | 461,530 |
China Energy Engineering Corp. Ltd., A Shares | 3,030,208 | 916,811 |
China Energy Engineering Corp. Ltd., H Shares | 5,978,405 | 549,823 |
China Everbright Bank Co. Ltd., A Shares | 4,053,400 | 1,811,450 |
China Everbright Bank Co. Ltd., H Shares | 4,293,274 | 1,343,567 |
China Everbright Environment Group Ltd. | 4,912,521 | 1,826,006 |
China Everbright Ltd. | 1,168,808 | 641,973 |
China Feihe Ltd. | 5,066,305 | 2,523,834 |
China Film Co. Ltd., A Shares * | 60,300 | 101,515 |
China Galaxy Securities Co. Ltd., A Shares | 165,500 | 279,078 |
China Galaxy Securities Co. Ltd., H Shares | 4,957,834 | 2,609,120 |
China Gas Holdings Ltd. | 3,673,667 | 3,364,525 |
China Great Wall Securities Co. Ltd., A Shares | 279,900 | 307,666 |
China Greatwall Technology Group Co. Ltd., A Shares | 301,900 | 434,922 |
China Green Electricity Investment of Tianjin Co. Ltd., A Shares | 177,500 | 242,407 |
China Hongqiao Group Ltd. | 2,853,069 | 2,219,394 |
China International Capital Corp. Ltd., A Shares | 88,600 | 429,151 |
China International Capital Corp. Ltd., H Shares | 1,830,022 | 2,297,813 |
China International Marine Containers Group Co. Ltd., H Shares | 1,213,845 | 925,641 |
China Jinmao Holdings Group Ltd. | 8,784,311 | 718,112 |
China Jushi Co. Ltd., A Shares | 380,577 | 529,250 |
China Lesso Group Holdings Ltd. | 1,231,591 | 586,787 |
China Life Insurance Co. Ltd., H Shares | 9,337,644 | 11,509,844 |
China Literature Ltd. * | 470,168 | 1,450,357 |
China Longyuan Power Group Corp. Ltd., H Shares | 4,306,592 | 3,047,532 |
China Medical System Holdings Ltd. | 1,652,988 | 2,715,285 |
China Meheco Co. Ltd., A Shares | 150,240 | 236,247 |
China Meidong Auto Holdings Ltd. | 693,046 | 272,658 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
China Mengniu Dairy Co. Ltd. * | 3,825,435 | 9,616,360 |
China Merchants Bank Co. Ltd., A Shares | 1,810,700 | 8,051,744 |
China Merchants Bank Co. Ltd., H Shares | 4,757,321 | 18,564,295 |
China Merchants Energy Shipping Co. Ltd., A Shares | 789,400 | 788,825 |
China Merchants Expressway Network & Technology Holdings Co. Ltd., A Shares | 195,100 | 285,667 |
China Merchants Port Holdings Co. Ltd. | 1,637,207 | 2,030,615 |
China Merchants Securities Co. Ltd., A Shares | 671,480 | 1,314,024 |
China Merchants Securities Co. Ltd., H Shares | 687,572 | 547,156 |
China Merchants Shekou Industrial Zone Holdings Co. Ltd., A Shares | 654,100 | 855,157 |
China Minsheng Banking Corp. Ltd., A Shares | 3,105,400 | 1,741,205 |
China Minsheng Banking Corp. Ltd., H Shares | 7,933,888 | 2,797,048 |
China National Accord Medicines Corp. Ltd., B Shares | 228,748 | 432,146 |
China National Building Material Co. Ltd., H Shares | 5,827,293 | 2,195,804 |
China National Chemical Engineering Co. Ltd., A Shares | 578,100 | 560,027 |
China National Nuclear Power Co. Ltd., A Shares | 1,570,000 | 1,891,343 |
China National Software & Service Co. Ltd., A Shares | 80,470 | 359,841 |
China Northern Rare Earth Group High-Tech Co. Ltd., A Shares | 337,100 | 881,903 |
China Oilfield Services Ltd., A Shares | 158,229 | 320,619 |
China Oilfield Services Ltd., H Shares | 2,232,620 | 1,967,744 |
China Overseas Land & Investment Ltd. | 4,834,705 | 7,188,326 |
China Pacific Insurance Group Co. Ltd., A Shares | 594,500 | 2,113,888 |
China Pacific Insurance Group Co. Ltd., H Shares | 3,231,006 | 6,165,853 |
China Petroleum & Chemical Corp., A Shares | 2,986,800 | 2,590,819 |
China Petroleum & Chemical Corp., H Shares | 31,325,257 | 17,325,562 |
China Power International Development Ltd. | 6,230,474 | 2,522,814 |
China Railway Group Ltd., A Shares | 1,858,700 | 1,638,076 |
China Railway Group Ltd., H Shares | 5,274,387 | 2,573,595 |
China Railway Signal & Communication Corp. Ltd., A Shares | 519,106 | 351,582 |
China Railway Signal & Communication Corp. Ltd., H Shares | 1,869,734 | 678,271 |
China Rare Earth Resources & Technology Co. Ltd., A Shares | 93,300 | 361,145 |
China Reinsurance Group Corp., H Shares | 9,317,309 | 553,412 |
China Resources Beer Holdings Co. Ltd. | 1,989,362 | 8,626,972 |
China Resources Boya Bio-pharmaceutical Group Co. Ltd., A Shares | 58,000 | 231,509 |
China Resources Building Materials Technology Holdings Ltd. | 2,877,087 | 499,801 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
China Resources Double Crane Pharmaceutical Co. Ltd., A Shares | 108,140 | 295,217 |
China Resources Gas Group Ltd. | 1,180,531 | 3,573,802 |
China Resources Land Ltd. | 3,480,546 | 10,714,434 |
China Resources Microelectronics Ltd., A Shares | 93,908 | 558,476 |
China Resources Mixc Lifestyle Services Ltd. | 774,985 | 2,346,100 |
China Resources Pharmaceutical Group Ltd. | 2,187,239 | 1,480,734 |
China Resources Power Holdings Co. Ltd. | 2,360,051 | 5,094,633 |
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., A Shares | 100,500 | 766,870 |
China Ruyi Holdings Ltd. *(a) | 5,803,219 | 1,141,549 |
China Shenhua Energy Co. Ltd., A Shares | 616,170 | 3,300,949 |
China Shenhua Energy Co. Ltd., H Shares | 4,300,411 | 16,616,523 |
China South Publishing & Media Group Co. Ltd., A Shares | 175,200 | 301,513 |
China Southern Airlines Co. Ltd., A Shares * | 1,077,700 | 885,463 |
China Southern Airlines Co. Ltd., H Shares *(a) | 1,572,547 | 584,523 |
China Southern Power Grid Energy Efficiency&Clean Energy Co. Ltd., A Shares | 262,500 | 186,166 |
China State Construction Engineering Corp. Ltd., A Shares | 3,781,400 | 2,807,743 |
China State Construction International Holdings Ltd. | 2,327,904 | 2,595,877 |
China Suntien Green Energy Corp. Ltd., H Shares | 2,947,499 | 1,121,953 |
China Taiping Insurance Holdings Co. Ltd. | 1,959,044 | 1,709,109 |
China Three Gorges Renewables Group Co. Ltd., A Shares | 2,336,900 | 1,498,418 |
China Tourism Group Duty Free Corp. Ltd., A Shares | 162,100 | 1,959,531 |
China Tourism Group Duty Free Corp. Ltd., Class H | 140,987 | 1,384,874 |
China Tower Corp. Ltd., H Shares | 61,117,880 | 7,416,460 |
China Traditional Chinese Medicine Holdings Co. Ltd. | 3,200,270 | 1,765,937 |
China TransInfo Technology Co. Ltd., A Shares * | 156,500 | 226,108 |
China United Network Communications Ltd., A Shares | 2,597,400 | 1,730,338 |
China Vanke Co. Ltd., A Shares | 852,500 | 1,187,898 |
China Vanke Co. Ltd., H Shares | 2,734,333 | 2,116,551 |
China World Trade Center Co. Ltd., A Shares | 118,500 | 314,783 |
China Yangtze Power Co. Ltd., A Shares | 2,144,300 | 7,454,941 |
China Zhenhua Group Science & Technology Co. Ltd., A Shares | 51,400 | 409,188 |
China Zheshang Bank Co. Ltd., A Shares | 1,060,790 | 409,284 |
Chinalin Securities Co. Ltd., A Shares | 124,200 | 223,569 |
Chinese Universe Publishing & Media Group Co. Ltd., A Shares | 121,000 | 258,113 |
Chongqing Brewery Co. Ltd., A Shares | 45,800 | 416,349 |
Chongqing Changan Automobile Co. Ltd., A Shares | 702,264 | 1,452,237 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Chongqing Changan Automobile Co. Ltd., B Shares | 2,000,698 | 1,075,891 |
Chongqing Fuling Zhacai Group Co. Ltd., A Shares | 110,760 | 216,747 |
Chongqing Rural Commercial Bank Co. Ltd., H Shares | 3,838,566 | 1,549,391 |
Chongqing Taiji Industry Group Co. Ltd., Class A * | 12,700 | 66,873 |
Chongqing Zhifei Biological Products Co. Ltd., A Shares | 206,100 | 1,530,036 |
CITIC Ltd. | 6,831,910 | 6,902,770 |
Citic Pacific Special Steel Group Co. Ltd., A Shares | 495,710 | 1,002,393 |
CITIC Securities Co. Ltd., A Shares | 1,047,180 | 3,095,650 |
CITIC Securities Co. Ltd., H Shares | 2,832,368 | 5,253,166 |
CMOC Group Ltd., A Shares | 863,700 | 737,206 |
CMOC Group Ltd., H Shares | 5,216,449 | 3,224,966 |
CNGR Advanced Material Co. Ltd., A Shares | 75,200 | 494,810 |
CNOOC Energy Technology & Services Ltd., A Shares | 722,500 | 332,910 |
CNPC Capital Co. Ltd., A Shares | 385,000 | 331,286 |
Contemporary Amperex Technology Co. Ltd., A Shares | 386,700 | 8,775,451 |
COSCO SHIPPING Development Co. Ltd., A Shares | 1,184,500 | 404,409 |
COSCO SHIPPING Development Co. Ltd., H Shares | 3,976,215 | 416,475 |
COSCO SHIPPING Energy Transportation Co. Ltd., A Shares | 320,100 | 612,189 |
COSCO SHIPPING Energy Transportation Co. Ltd., H Shares | 1,457,482 | 1,379,514 |
COSCO SHIPPING Holdings Co. Ltd., A Shares | 1,208,321 | 1,760,851 |
COSCO SHIPPING Holdings Co. Ltd., H Shares | 3,681,723 | 3,969,158 |
COSCO SHIPPING Ports Ltd. | 2,001,852 | 1,194,136 |
Country Garden Holdings Co. Ltd. *(a) | 15,744,171 | 1,287,077 |
Country Garden Services Holdings Co. Ltd. | 2,570,928 | 1,967,078 |
CRRC Corp. Ltd., A Shares | 2,104,900 | 1,863,816 |
CRRC Corp. Ltd., H Shares | 4,771,871 | 2,462,492 |
CSC Financial Co. Ltd., A Shares | 492,900 | 1,593,917 |
CSC Financial Co. Ltd., H Shares | 1,175,501 | 948,953 |
CSG Holding Co. Ltd., A Shares | 451,346 | 357,055 |
CSG Holding Co. Ltd., B Shares | 802,985 | 247,189 |
CSPC Pharmaceutical Group Ltd. | 10,525,753 | 8,228,286 |
Daan Gene Co. Ltd., A Shares | 140,160 | 171,960 |
Dada Nexus Ltd., ADR *(a) | 100,516 | 211,084 |
Daqin Railway Co. Ltd., A Shares | 1,388,400 | 1,437,488 |
Daqo New Energy Corp., ADR * | 66,262 | 1,410,055 |
Datang International Power Generation Co. Ltd., H Shares | 5,336,885 | 865,758 |
DHC Software Co. Ltd., A Shares | 351,300 | 281,323 |
Dian Diagnostics Group Co. Ltd., A Shares | 69,500 | 185,198 |
Do-Fluoride New Materials Co. Ltd., A Shares | 98,280 | 180,322 |
Dong-E-E-Jiao Co. Ltd., A Shares | 58,500 | 471,637 |
Dongfang Electric Corp. Ltd., A Shares | 268,900 | 610,182 |
Dongfang Electric Corp. Ltd., H Shares | 445,004 | 492,251 |
Dongfeng Motor Group Co. Ltd., H Shares | 3,810,580 | 1,630,575 |
Dongguan Development Holdings Co. Ltd., A Shares | 98,400 | 133,289 |
Dongguan Yiheda Automation Co. Ltd., Class A | 59,500 | 206,694 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Dongxing Securities Co. Ltd., A Shares | 284,900 | 335,700 |
East Buy Holding Ltd. *(a) | 505,970 | 1,564,029 |
East Group Co. Ltd., A Shares | 335,800 | 275,435 |
East Money Information Co. Ltd., A Shares | 1,424,102 | 2,774,975 |
Eastern Air Logistics Co. Ltd., A Shares | 146,200 | 314,913 |
Eastroc Beverage Group Co. Ltd., A Shares | 16,000 | 397,444 |
Ecovacs Robotics Co. Ltd., A Shares | 51,200 | 265,264 |
Empyrean Technology Co. Ltd., Shares A | 14,000 | 176,816 |
ENN Energy Holdings Ltd. | 956,047 | 7,858,372 |
ENN Natural Gas Co. Ltd., A Shares | 247,475 | 643,310 |
Eoptolink Technology, Inc. Ltd., Class A | 63,000 | 525,055 |
Eve Energy Co. Ltd., A Shares | 199,736 | 1,061,988 |
Everbright Securities Co. Ltd., A Shares | 393,200 | 921,710 |
Fangda Carbon New Material Co. Ltd., A Shares * | 347,080 | 237,480 |
Far East Horizon Ltd. | 1,660,359 | 1,334,005 |
FAW Jiefang Group Co. Ltd., A Shares * | 236,400 | 287,410 |
Fiberhome Telecommunication Technologies Co. Ltd., A Shares | 98,800 | 247,369 |
Financial Street Holdings Co. Ltd., A Shares | 686,400 | 326,755 |
First Capital Securities Co. Ltd., A Shares | 425,700 | 338,539 |
Flat Glass Group Co. Ltd., A Shares | 118,000 | 356,690 |
Flat Glass Group Co. Ltd., H Shares | 571,242 | 1,056,558 |
Focus Media Information Technology Co. Ltd., A Shares | 1,361,100 | 1,190,095 |
Foshan Haitian Flavouring & Food Co. Ltd., A Shares | 415,604 | 2,345,298 |
Fosun International Ltd. | 2,940,316 | 1,697,607 |
Founder Securities Co. Ltd., A Shares | 338,200 | 357,668 |
Foxconn Industrial Internet Co. Ltd., A Shares | 1,129,200 | 2,929,079 |
Fujian Funeng Co. Ltd., A Shares | 144,620 | 184,457 |
Fujian Sunner Development Co. Ltd., A Shares | 120,900 | 273,337 |
Full Truck Alliance Co. Ltd., ADR * | 850,413 | 5,612,726 |
Fushun Special Steel Co. Ltd., Class A * | 131,200 | 114,534 |
Fuyao Glass Industry Group Co. Ltd., A Shares | 191,900 | 1,152,958 |
Fuyao Glass Industry Group Co. Ltd., H Shares | 764,806 | 3,834,385 |
GalaxyCore, Inc., Class A | 55,134 | 151,125 |
Gan & Lee Pharmaceuticals Co. Ltd., A Shares * | 19,900 | 118,512 |
Ganfeng Lithium Group Co. Ltd., A Shares | 167,220 | 929,483 |
Ganfeng Lithium Group Co. Ltd., H Shares | 521,199 | 1,730,939 |
G-bits Network Technology Xiamen Co. Ltd., A Shares | 6,200 | 186,372 |
GCL System Integration Technology Co. Ltd., A Shares * | 559,900 | 205,147 |
GCL Technology Holdings Ltd. | 25,973,611 | 3,616,293 |
GD Power Development Co. Ltd., A Shares | 1,645,500 | 1,068,796 |
GDS Holdings Ltd., A shares *(a) | 1,103,727 | 937,536 |
Geely Automobile Holdings Ltd. | 6,677,662 | 7,301,347 |
GEM Co. Ltd., A Shares | 497,700 | 370,240 |
Gemdale Corp., A Shares | 433,800 | 259,488 |
Genscript Biotech Corp. * | 1,213,505 | 2,452,183 |
GF Securities Co. Ltd., A Shares | 620,900 | 1,221,937 |
GF Securities Co. Ltd., H Shares | 1,302,645 | 1,404,343 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Giant Biogene Holding Co. Ltd. * | 518,606 | 2,371,512 |
Giant Network Group Co. Ltd., Class A | 212,900 | 334,482 |
GigaDevice Semiconductor, Inc., A Shares | 64,484 | 655,736 |
Ginlong Technologies Co. Ltd., A Shares | 37,350 | 337,616 |
Glarun Technology Co. Ltd., A Shares | 112,900 | 200,251 |
GoerTek, Inc., A Shares | 321,300 | 742,019 |
Goke Microelectronics Co. Ltd., A Shares | 17,300 | 135,010 |
Goldwind Science & Technology Co. Ltd., A Shares | 375,000 | 397,627 |
Goldwind Science & Technology Co. Ltd., H Shares | 767,770 | 292,248 |
Goneo Group Co. Ltd., A Shares | 16,800 | 237,827 |
GoodWe Technologies Co. Ltd., A Shares | 13,484 | 203,011 |
Gotion High-tech Co. Ltd., A Shares * | 154,200 | 423,527 |
Grandjoy Holdings Group Co. Ltd., A Shares * | 361,372 | 141,936 |
Great Wall Motor Co. Ltd., A Shares | 244,600 | 794,371 |
Great Wall Motor Co. Ltd., H Shares | 2,895,768 | 3,277,195 |
Gree Electric Appliances, Inc. of Zhuhai, Class A | 288,100 | 1,561,404 |
Greentown China Holdings Ltd. (a) | 1,317,725 | 1,058,718 |
GRG Banking Equipment Co. Ltd., A Shares | 247,500 | 396,055 |
Guangdong Baolihua New Energy Stock Co. Ltd., A Shares | 344,300 | 240,357 |
Guangdong Electric Power Development Co. Ltd., B Shares * | 1,411,014 | 367,677 |
Guangdong Golden Dragon Development, Inc., A Shares * | 75,300 | 127,708 |
Guangdong Haid Group Co. Ltd., A Shares | 162,600 | 973,084 |
Guangdong HEC Technology Holding Co. Ltd., A Shares * | 132,500 | 137,736 |
Guangdong Investment Ltd. | 3,706,995 | 2,206,545 |
Guangdong Kinlong Hardware Products Co. Ltd., A Shares | 21,800 | 113,187 |
Guangdong Xinbao Electrical Appliances Holdings Co. Ltd., A Shares | 74,500 | 150,959 |
Guanghui Energy Co. Ltd., A Shares | 624,600 | 649,284 |
Guangshen Railway Co. Ltd., H Shares * | 2,692,645 | 557,184 |
Guangxi Guiguan Electric Power Co. Ltd., A Shares | 345,300 | 276,518 |
Guangxi Liugong Machinery Co. Ltd., A Shares | 420,800 | 447,942 |
Guangzhou Automobile Group Co. Ltd., A Shares | 338,960 | 419,157 |
Guangzhou Automobile Group Co. Ltd., H Shares | 4,052,864 | 1,754,957 |
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., A Shares | 116,400 | 477,862 |
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., H Shares | 250,628 | 653,077 |
Guangzhou Development Group, Inc., Class A | 626,100 | 507,467 |
Guangzhou Great Power Energy & Technology Co. Ltd., Class A | 33,200 | 104,918 |
Guangzhou Haige Communications Group, Inc. Co., A Shares | 271,400 | 435,430 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Guangzhou Kingmed Diagnostics Group Co. Ltd., A Shares | 45,900 | 384,132 |
Guangzhou Shiyuan Electronic Technology Co. Ltd., A Shares | 24,300 | 132,338 |
Guangzhou Tinci Materials Technology Co. Ltd., A Shares | 187,780 | 537,910 |
Guangzhou Wondfo Biotech Co. Ltd., A Shares | 48,200 | 181,087 |
Guangzhou Yuexiu Capital Holdings Group Co. Ltd., A Shares | 280,118 | 239,482 |
Guangzhou Zhujiang Brewery Co. Ltd., A Shares | 214,300 | 230,205 |
Guizhou Panjiang Refined Coal Co. Ltd., A Shares | 257,100 | 218,019 |
Guolian Securities Co. Ltd., A Shares * | 221,900 | 337,843 |
Guosen Securities Co. Ltd., A Shares | 483,900 | 578,914 |
Guosheng Financial Holding, Inc., A Shares * | 194,100 | 272,620 |
Guotai Junan Securities Co. Ltd., A Shares | 625,000 | 1,308,941 |
Guotai Junan Securities Co. Ltd., H Shares | 1,209,945 | 1,392,500 |
Guoyuan Securities Co. Ltd., A Shares | 409,300 | 396,504 |
H World Group Ltd., ADR | 263,862 | 9,646,795 |
Haidilao International Holding Ltd. | 1,895,642 | 3,472,244 |
Haier Smart Home Co. Ltd., A Shares | 547,400 | 1,830,175 |
Haier Smart Home Co. Ltd., H Shares | 2,931,752 | 8,950,142 |
Hainan Airlines Holding Co. Ltd., Class A * | 2,678,400 | 531,572 |
Hainan Airport Infrastructure Co. Ltd., Class A * | 480,500 | 250,078 |
Hainan Drinda New Energy Technology Co. Ltd., A Shares | 13,900 | 132,089 |
Haisco Pharmaceutical Group Co. Ltd., A Shares * | 50,600 | 175,566 |
Haitian International Holdings Ltd. | 755,241 | 1,913,956 |
Haitong Securities Co. Ltd., A Shares | 912,400 | 1,157,397 |
Haitong Securities Co. Ltd., H Shares | 4,517,938 | 2,244,888 |
Hang Zhou Great Star Industrial Co. Ltd., A Shares | 106,000 | 320,269 |
Hangzhou Binjiang Real Estate Group Co. Ltd., A Shares | 279,900 | 293,681 |
Hangzhou Chang Chuan Technology Co. Ltd., A Shares | 59,500 | 239,396 |
Hangzhou First Applied Material Co. Ltd., A Shares | 95,922 | 370,362 |
Hangzhou Lion Microelectronics Co. Ltd., A Shares | 61,656 | 202,632 |
Hangzhou Oxygen Plant Group Co. Ltd., A Shares | 68,200 | 265,029 |
Hangzhou Robam Appliances Co. Ltd., A Shares | 97,000 | 336,560 |
Hangzhou Silan Microelectronics Co. Ltd., A Shares | 132,600 | 384,628 |
Hangzhou Tigermed Consulting Co. Ltd., A Shares | 64,700 | 404,529 |
Hangzhou Tigermed Consulting Co. Ltd., H Shares | 145,764 | 507,366 |
Han's Laser Technology Industry Group Co. Ltd., A Shares | 68,000 | 187,336 |
Hansoh Pharmaceutical Group Co. Ltd. | 1,267,724 | 2,234,645 |
Haohua Chemical Science & Technology Co. Ltd., A Shares | 79,400 | 374,671 |
Harbin Boshi Automation Co. Ltd., A Shares | 97,500 | 191,746 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Hefei Meiya Optoelectronic Technology, Inc., A Shares | 84,110 | 225,181 |
Heilongjiang Agriculture Co. Ltd., A Shares | 183,100 | 315,871 |
Henan Shenhuo Coal & Power Co. Ltd., Class A | 245,300 | 629,145 |
Henan Shuanghui Investment & Development Co. Ltd., A Shares | 317,300 | 1,286,771 |
Hengan International Group Co. Ltd. | 900,512 | 2,783,618 |
Hengdian Group DMEGC Magnetics Co. Ltd., A Shares | 151,500 | 301,728 |
Hengli Petrochemical Co. Ltd., A Shares * | 266,400 | 470,667 |
Hengtong Optic-electric Co. Ltd., A Shares | 235,300 | 399,719 |
Hengyi Petrochemical Co. Ltd., A Shares * | 302,900 | 290,908 |
Hesteel Co. Ltd., A Shares | 960,000 | 290,455 |
Hisense Home Appliances Group Co. Ltd., Class A | 195,800 | 809,532 |
Hisense Home Appliances Group Co. Ltd., Class H | 431,192 | 1,365,926 |
Hisense Visual Technology Co. Ltd., Class A | 114,800 | 412,660 |
Hithink RoyalFlush Information Network Co. Ltd., A Shares | 43,600 | 829,430 |
Hongfa Technology Co. Ltd., A Shares | 56,340 | 194,701 |
Hopson Development Holdings Ltd. * | 1,401,911 | 671,516 |
Hoshine Silicon Industry Co. Ltd., A Shares | 57,100 | 420,013 |
Hoyuan Green Energy Co. Ltd., A Shares | 48,517 | 187,260 |
Hua Hong Semiconductor Ltd. * | 632,733 | 1,357,796 |
Huadian Power International Corp. Ltd., A Shares | 600,152 | 515,588 |
Huadian Power International Corp. Ltd., H Shares | 1,905,672 | 922,555 |
Huadong Medicine Co. Ltd., A Shares | 135,500 | 633,377 |
Huafon Chemical Co. Ltd., A Shares | 383,800 | 363,279 |
Huagong Tech Co. Ltd., A Shares | 84,800 | 373,437 |
Huaibei Mining Holdings Co. Ltd., A Shares | 208,500 | 548,361 |
Hualan Biological Engineering, Inc., A Shares | 171,980 | 470,930 |
Huaneng Lancang River Hydropower, Inc., A Shares | 519,600 | 669,219 |
Huaneng Power International, Inc., A Shares * | 628,400 | 769,229 |
Huaneng Power International, Inc., H Shares * | 5,319,368 | 2,989,630 |
Huatai Securities Co. Ltd., A Shares | 673,900 | 1,359,912 |
Huatai Securities Co. Ltd., H Shares | 1,767,035 | 2,090,071 |
Huaxi Securities Co. Ltd., A Shares | 165,400 | 180,660 |
Huaxia Bank Co. Ltd., A Shares | 1,533,800 | 1,349,612 |
Huaxia Eye Hospital Group Co. Ltd., A Shares | 13,150 | 53,985 |
Huaxin Cement Co. Ltd., A Shares | 128,926 | 242,813 |
Huaxin Cement Co. Ltd., H Shares | 490,679 | 420,557 |
Huayu Automotive Systems Co. Ltd., A Shares | 295,100 | 715,506 |
Hubei Energy Group Co. Ltd., A Shares | 591,600 | 374,407 |
Hubei Jumpcan Pharmaceutical Co. Ltd., A Shares | 36,400 | 186,919 |
Hubei Xingfa Chemicals Group Co. Ltd., A Shares | 108,000 | 276,398 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Huizhou Desay Sv Automotive Co. Ltd., A Shares | 46,700 | 664,990 |
Humanwell Healthcare Group Co. Ltd., A Shares | 151,600 | 462,885 |
Hunan Changyuan Lico Co. Ltd., Class A | 236,184 | 199,955 |
Hunan Gold Corp. Ltd., A Shares | 110,600 | 180,208 |
Hunan Valin Steel Co. Ltd., A Shares | 574,100 | 453,368 |
Hundsun Technologies, Inc., A Shares | 185,694 | 629,353 |
Hwatsing Technology Co. Ltd., Class A | 8,122 | 227,701 |
Hygeia Healthcare Holdings Co. Ltd., Class C | 450,917 | 1,696,238 |
IEIT Systems Co. Ltd., A Shares | 148,728 | 771,790 |
Iflytek Co. Ltd., A Shares | 192,500 | 1,319,534 |
Imeik Technology Development Co. Ltd., A Shares | 15,900 | 721,599 |
Industrial & Commercial Bank of China Ltd., A Shares | 6,708,500 | 4,962,535 |
Industrial & Commercial Bank of China Ltd., H Shares | 99,365,417 | 51,276,860 |
Industrial Bank Co. Ltd., A Shares | 1,803,000 | 4,166,399 |
Industrial Securities Co. Ltd., A Shares | 831,060 | 670,131 |
Ingenic Semiconductor Co. Ltd., A Shares | 35,000 | 318,414 |
Inner Mongolia BaoTou Steel Union Co. Ltd., A Shares * | 3,568,200 | 762,642 |
Inner Mongolia Dian Tou Energy Corp. Ltd., A Shares | 365,600 | 841,790 |
Inner Mongolia ERDOS Resources Co. Ltd., A Shares | 130,100 | 189,771 |
Inner Mongolia ERDOS Resources Co. Ltd., B Shares | 872,720 | 789,812 |
Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., A Shares | 792,900 | 428,074 |
Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd., Class A | 295,200 | 181,088 |
Inner Mongolia Yili Industrial Group Co. Ltd., A Shares | 535,000 | 2,105,028 |
Inner Mongolia Yuan Xing Energy Co. Ltd., A Shares | 326,900 | 274,487 |
Innovent Biologics, Inc. * | 1,805,055 | 9,764,470 |
Intco Medical Technology Co. Ltd., A Shares | 60,450 | 177,526 |
iQIYI, Inc., ADR * | 547,175 | 2,019,076 |
iRay Technology Co. Ltd., A Shares | 7,000 | 240,518 |
JA Solar Technology Co. Ltd., A Shares | 316,736 | 824,232 |
Jafron Biomedical Co. Ltd., A Shares | 68,050 | 189,551 |
Jason Furniture Hangzhou Co. Ltd., A Shares | 75,010 | 390,913 |
JCET Group Co. Ltd., A Shares | 182,000 | 660,785 |
JD Health International, Inc. * | 1,295,223 | 4,930,212 |
JD Logistics, Inc. * | 2,240,125 | 2,223,300 |
JD.com, Inc., A Shares | 2,958,150 | 33,647,974 |
Jiangsu Eastern Shenghong Co. Ltd., A Shares | 388,900 | 566,733 |
Jiangsu Expressway Co. Ltd., A Shares | 295,600 | 494,359 |
Jiangsu Expressway Co. Ltd., H Shares | 1,326,338 | 1,363,813 |
Jiangsu Hengli Hydraulic Co. Ltd., A Shares | 110,784 | 873,480 |
Jiangsu Hengrui Pharmaceuticals Co. Ltd., A Shares | 557,244 | 3,297,718 |
Jiangsu King's Luck Brewery JSC Ltd., A Shares | 118,000 | 879,442 |
Jiangsu Linyang Energy Co. Ltd., A Shares | 188,800 | 161,673 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Jiangsu Nhwa Pharmaceutical Co. Ltd., Class A | 94,700 | 331,208 |
Jiangsu Pacific Quartz Co. Ltd., Class A | 28,400 | 315,050 |
Jiangsu Phoenix Publishing & Media Corp. Ltd., Class A | 153,000 | 221,051 |
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., A Shares | 131,600 | 1,844,710 |
Jiangsu Yangnong Chemical Co. Ltd., A Shares | 44,200 | 335,675 |
Jiangsu Yoke Technology Co. Ltd., A Shares | 41,800 | 292,677 |
Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., A Shares | 93,500 | 464,694 |
Jiangsu Zhongtian Technology Co. Ltd., A Shares | 311,600 | 566,093 |
Jiangxi Copper Co. Ltd., A Shares | 144,400 | 392,602 |
Jiangxi Copper Co. Ltd., H Shares | 1,403,104 | 2,089,745 |
Jiangxi Special Electric Motor Co. Ltd., A Shares * | 161,500 | 234,004 |
Jilin Aodong Pharmaceutical Group Co. Ltd., A Shares | 105,100 | 221,424 |
Jinke Smart Services Group Co. Ltd., H Shares * | 322,927 | 382,787 |
Jinko Solar Co. Ltd., Class A | 371,157 | 454,851 |
Jinxin Fertility Group Ltd. * | 2,217,803 | 688,389 |
JiuGui Liquor Co. Ltd., A Shares | 31,000 | 263,093 |
Jiumaojiu International Holdings Ltd. | 1,213,990 | 843,565 |
Jizhong Energy Resources Co. Ltd., A Shares | 326,700 | 368,630 |
Joincare Pharmaceutical Group Industry Co. Ltd., A Shares | 175,700 | 294,571 |
Joinn Laboratories China Co. Ltd., A Shares | 55,272 | 139,614 |
Joinn Laboratories China Co. Ltd., H Shares | 149,546 | 188,728 |
Jointown Pharmaceutical Group Co. Ltd., A Shares | 435,714 | 492,240 |
Jonjee Hi-Tech Industrial & Commercial Holding Co. Ltd., A Shares * | 78,800 | 276,802 |
JOYY, Inc., ADR | 39,628 | 1,248,282 |
Juneyao Airlines Co. Ltd., A Shares * | 250,400 | 463,250 |
Kanzhun Ltd., ADR | 400,244 | 6,263,819 |
KE Holdings, Inc., ADR | 801,865 | 10,897,345 |
Keda Industrial Group Co. Ltd., Shares A | 180,000 | 300,281 |
Kingboard Holdings Ltd. | 968,950 | 1,903,542 |
Kingboard Laminates Holdings Ltd. | 1,402,439 | 870,613 |
Kingdee International Software Group Co. Ltd. * | 3,219,803 | 3,479,401 |
Kingnet Network Co. Ltd., Class A | 203,600 | 353,215 |
Kingsoft Cloud Holdings Ltd. * | 1,555,818 | 315,981 |
Kingsoft Corp. Ltd. | 1,076,735 | 3,005,143 |
Kuaishou Technology * | 3,294,973 | 18,729,090 |
Kuang-Chi Technologies Co. Ltd., A Shares * | 192,000 | 395,179 |
Kunlun Energy Co. Ltd. | 4,638,855 | 3,964,074 |
Kunlun Tech Co. Ltd., A Shares * | 117,300 | 657,215 |
Kweichow Moutai Co. Ltd., A Shares | 109,700 | 25,806,391 |
Lakala Payment Co. Ltd., A Shares * | 104,500 | 210,008 |
Lao Feng Xiang Co. Ltd., A Shares | 133,558 | 1,277,145 |
Laobaixing Pharmacy Chain JSC, A Shares | 48,230 | 205,163 |
LB Group Co. Ltd., A Shares | 238,500 | 621,634 |
Lee & Man Paper Manufacturing Ltd. | 1,993,447 | 570,371 |
Legend Holdings Corp., H Shares | 695,119 | 580,686 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Lens Technology Co. Ltd., A Shares | 461,700 | 775,347 |
Leo Group Co. Ltd., A shares * | 658,700 | 216,664 |
Lepu Medical Technology Beijing Co. Ltd., A Shares | 180,000 | 376,975 |
Levima Advanced Materials Corp., A Shares | 70,900 | 168,265 |
Leyard Optoelectronic Co. Ltd., A Shares | 480,200 | 353,889 |
Li Auto, Inc., Class A * | 1,346,488 | 30,494,114 |
Li Ning Co. Ltd. | 2,863,834 | 7,140,563 |
Liaoning Port Co. Ltd., A Shares | 1,511,500 | 310,471 |
Lingyi iTech Guangdong Co., A Shares | 660,100 | 502,960 |
Livzon Pharmaceutical Group, Inc., A Shares | 93,300 | 498,403 |
Livzon Pharmaceutical Group, Inc., H Shares | 175,793 | 615,258 |
Longfor Group Holdings Ltd. | 2,407,565 | 3,038,364 |
LONGi Green Energy Technology Co. Ltd., A Shares | 631,548 | 1,861,709 |
Longshine Technology Group Co. Ltd., A Shares | 105,200 | 186,740 |
Loongson Technology Corp. Ltd., Shares A * | 17,112 | 243,193 |
Lufax Holding Ltd., ADR | 226,578 | 706,923 |
Luxi Chemical Group Co. Ltd., A Shares | 165,500 | 228,315 |
Luxshare Precision Industry Co. Ltd., A Shares | 588,317 | 2,251,939 |
Luye Pharma Group Ltd. * | 2,339,744 | 863,716 |
Luzhou Laojiao Co. Ltd., A Shares | 125,400 | 3,058,749 |
Maanshan Iron & Steel Co. Ltd., A Shares | 1,082,300 | 398,056 |
Mango Excellent Media Co. Ltd., A Shares | 164,370 | 565,295 |
Maxscend Microelectronics Co. Ltd., A Shares | 45,248 | 675,086 |
Meihua Holdings Group Co. Ltd., Class A | 293,400 | 439,779 |
Meinian Onehealth Healthcare Holdings Co. Ltd., A Shares * | 353,000 | 273,376 |
Meituan, B Shares * | 6,692,398 | 68,216,503 |
Metallurgical Corp. of China Ltd., A Shares | 1,345,100 | 621,655 |
Metallurgical Corp. of China Ltd., H Shares | 3,815,616 | 770,064 |
Microport Scientific Corp. *(a) | 1,163,975 | 1,141,852 |
Ming Yang Smart Energy Group Ltd., A Shares | 228,700 | 323,756 |
Ming Yuan Cloud Group Holdings Ltd. * | 713,630 | 204,186 |
MINISO Group Holding Ltd., ADR | 111,369 | 2,041,394 |
Minth Group Ltd. | 893,501 | 1,520,212 |
MOG Digitech Holdings Ltd. * | 663,983 | 111,105 |
Montage Technology Co. Ltd., A Shares | 108,000 | 782,429 |
Muyuan Foods Co. Ltd., A Shares | 410,386 | 2,192,257 |
Nanjing Iron & Steel Co. Ltd., A Shares | 551,600 | 325,360 |
Nanjing Securities Co. Ltd., A Shares | 89,300 | 103,364 |
NARI Technology Co. Ltd., A Shares | 747,996 | 2,406,377 |
National Silicon Industry Group Co. Ltd., A Shares * | 169,305 | 362,096 |
NAURA Technology Group Co. Ltd., A Shares | 41,700 | 1,643,982 |
NavInfo Co. Ltd., A Shares * | 279,800 | 285,421 |
NetEase, Inc. | 2,256,442 | 50,784,933 |
New China Life Insurance Co. Ltd., A Shares | 174,000 | 792,089 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
New China Life Insurance Co. Ltd., H Shares | 950,792 | 1,831,436 |
New Hope Liuhe Co. Ltd., A Shares * | 424,100 | 521,498 |
New Oriental Education & Technology Group, Inc. * | 1,894,259 | 17,965,554 |
Newland Digital Technology Co. Ltd., A Shares | 108,600 | 290,745 |
Nine Dragons Paper Holdings Ltd. * | 2,123,094 | 984,420 |
Ninestar Corp., A Shares | 136,400 | 443,545 |
Ningbo Deye Technology Co. Ltd., A Shares | 37,044 | 430,323 |
Ningbo Joyson Electronic Corp., A Shares | 130,600 | 302,155 |
Ningbo Orient Wires & Cables Co. Ltd., A Shares | 65,200 | 350,919 |
Ningbo Ronbay New Energy Technology Co. Ltd., A Shares | 42,068 | 181,286 |
Ningbo Sanxing Medical Electric Co. Ltd., A Shares | 109,200 | 409,808 |
Ningbo Shanshan Co. Ltd., A Shares | 232,900 | 369,783 |
Ningbo Tuopu Group Co. Ltd., A Shares | 91,900 | 748,949 |
Ningbo Zhoushan Port Co. Ltd., A Shares | 752,200 | 369,562 |
Ningxia Baofeng Energy Group Co. Ltd., A Shares | 265,500 | 562,671 |
NIO, Inc., Class A * | 1,515,440 | 8,478,473 |
Nongfu Spring Co. Ltd., H Shares | 2,192,953 | 12,437,042 |
North Industries Group Red Arrow Co. Ltd., A Shares | 74,900 | 133,890 |
Northeast Securities Co. Ltd., A Shares | 200,000 | 199,299 |
Offshore Oil Engineering Co. Ltd., A Shares | 473,000 | 406,352 |
OFILM Group Co. Ltd., A Shares * | 303,500 | 343,716 |
Oppein Home Group, Inc., A Shares | 20,740 | 199,995 |
ORG Technology Co. Ltd., A Shares | 591,400 | 350,477 |
Orient Securities Co. Ltd., A Shares | 776,716 | 949,706 |
Orient Securities Co. Ltd., H Shares | 877,335 | 373,177 |
Oriental Energy Co. Ltd., A Shares * | 156,600 | 218,428 |
Oriental Pearl Group Co. Ltd., A Shares | 135,800 | 139,471 |
Ourpalm Co. Ltd., A shares * | 337,700 | 253,090 |
Ovctek China, Inc., A Shares | 81,180 | 231,983 |
Pacific Securities Co. Ltd., Class A * | 391,000 | 186,132 |
Pangang Group Vanadium Titanium & Resources Co. Ltd., A Shares * | 764,900 | 338,646 |
PDD Holdings, Inc., ADR * | 758,488 | 94,462,096 |
People.cn Co. Ltd., A Shares | 111,800 | 411,807 |
People's Insurance Co. Group of China Ltd., A Shares | 480,600 | 350,182 |
People's Insurance Co. Group of China Ltd., H Shares | 9,696,143 | 3,232,543 |
Perfect World Co. Ltd., A Shares | 85,450 | 138,992 |
PetroChina Co. Ltd., A Shares | 2,225,200 | 2,730,060 |
PetroChina Co. Ltd., H Shares | 26,268,726 | 20,702,795 |
Pharmaron Beijing Co. Ltd., A Shares | 50,400 | 163,331 |
Pharmaron Beijing Co. Ltd., H Shares | 334,103 | 448,953 |
PICC Property & Casualty Co. Ltd., H Shares | 8,467,642 | 11,594,768 |
Ping An Bank Co. Ltd., A Shares | 1,819,100 | 2,673,643 |
Ping An Healthcare & Technology Co. Ltd. *(a) | 760,936 | 1,179,972 |
Ping An Insurance Group Co. of China Ltd., A Shares | 949,400 | 5,652,720 |
Ping An Insurance Group Co. of China Ltd., H Shares | 7,878,511 | 35,322,877 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Pingdingshan Tianan Coal Mining Co. Ltd., A Shares | 258,300 | 497,582 |
Piotech, Inc., Shares A | 9,972 | 295,482 |
Poly Developments & Holdings Group Co. Ltd., A Shares | 1,121,200 | 1,520,298 |
Poly Property Services Co. Ltd., H Shares | 189,544 | 681,543 |
Pop Mart International Group Ltd. | 879,548 | 2,199,769 |
Porton Pharma Solutions Ltd., A Shares | 58,800 | 164,846 |
Postal Savings Bank of China Co. Ltd., A Shares | 2,007,300 | 1,351,154 |
Postal Savings Bank of China Co. Ltd., H Shares | 12,771,357 | 6,737,393 |
Power Construction Corp. of China Ltd., A Shares | 1,572,000 | 1,114,870 |
Pylon Technologies Co. Ltd., A Shares | 13,976 | 164,506 |
Qi An Xin Technology Group, Inc., Class A * | 34,555 | 167,805 |
Qifu Technology, Inc., ADR | 150,641 | 2,327,403 |
Qingdao TGOOD Electric Co. Ltd., A Shares | 113,900 | 313,945 |
Qinghai Salt Lake Industry Co. Ltd., A Shares * | 521,500 | 1,168,901 |
Raytron Technology Co. Ltd., A Shares | 45,400 | 244,540 |
Red Star Macalline Group Corp. Ltd., H Shares | 1,009,588 | 216,650 |
Remegen Co. Ltd., H Shares * | 188,183 | 540,839 |
RLX Technology, Inc., ADR | 994,566 | 1,939,404 |
Rongsheng Petrochemical Co. Ltd., A Shares | 317,800 | 452,535 |
SAIC Motor Corp. Ltd., A Shares | 803,500 | 1,668,278 |
Sailun Group Co. Ltd., A Shares | 309,500 | 618,549 |
Sanan Optoelectronics Co. Ltd., A Shares | 283,000 | 488,605 |
Sangfor Technologies, Inc., A Shares * | 14,100 | 124,068 |
Sany Heavy Equipment International Holdings Co. Ltd. | 999,883 | 776,529 |
Sany Heavy Industry Co. Ltd., A Shares | 807,700 | 1,562,657 |
Satellite Chemical Co. Ltd., A Shares * | 321,962 | 741,314 |
SDIC Capital Co. Ltd., A Shares | 328,400 | 314,487 |
SDIC Power Holdings Co. Ltd., A Shares | 326,900 | 653,777 |
Sealand Securities Co. Ltd., A Shares | 476,200 | 235,283 |
Seazen Group Ltd. * | 3,574,971 | 506,874 |
Seazen Holdings Co. Ltd., A Shares * | 220,700 | 318,863 |
SenseTime Group, Inc., Class B * | 20,063,229 | 2,306,472 |
Seres Group Co. Ltd., Class A * | 60,400 | 770,629 |
SF Holding Co. Ltd., A Shares | 425,300 | 2,263,663 |
SG Micro Corp., A Shares | 44,898 | 440,801 |
Shaanxi Coal Industry Co. Ltd., A Shares | 853,900 | 3,057,579 |
Shaanxi International Trust Co. Ltd., A Shares | 384,200 | 164,766 |
Shan Xi Hua Yang Group New Energy Co. Ltd., A Shares | 378,550 | 531,685 |
Shandong Chenming Paper Holdings Ltd., H Shares * | 1,899,701 | 434,353 |
Shandong Gold Mining Co. Ltd., A Shares | 321,704 | 968,427 |
Shandong Gold Mining Co. Ltd., H Shares | 804,605 | 1,278,521 |
Shandong Himile Mechanical Science & Technology Co. Ltd., A Shares | 68,600 | 313,140 |
Shandong Hi-speed Co. Ltd., A Shares | 244,600 | 278,030 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Shandong Hualu Hengsheng Chemical Co. Ltd., A Shares | 205,360 | 783,790 |
Shandong Humon Smelting Co. Ltd., A Shares * | 213,000 | 282,906 |
Shandong Linglong Tyre Co. Ltd., A Shares | 86,400 | 265,726 |
Shandong Nanshan Aluminum Co. Ltd., A Shares | 1,125,400 | 484,194 |
Shandong Pharmaceutical Glass Co. Ltd., A Shares | 69,900 | 255,628 |
Shandong Sun Paper Industry JSC Ltd., A Shares | 296,900 | 586,362 |
Shandong Weigao Group Medical Polymer Co. Ltd., H Shares | 3,084,957 | 2,005,726 |
Shanghai Aiko Solar Energy Co. Ltd., Class A | 147,960 | 310,695 |
Shanghai Bairun Investment Holding Group Co. Ltd., A Shares | 97,428 | 271,924 |
Shanghai Baosight Software Co. Ltd., A Shares | 339,771 | 2,206,902 |
Shanghai BOCHU Electronic Technology Corp. Ltd., A Shares | 12,371 | 482,942 |
Shanghai Construction Group Co. Ltd., A Shares | 663,000 | 225,440 |
Shanghai Electric Group Co. Ltd., A Shares * | 1,104,100 | 649,718 |
Shanghai Electric Group Co. Ltd., H Shares * | 3,063,793 | 614,418 |
Shanghai Electric Power Co. Ltd., A Shares | 237,200 | 274,886 |
Shanghai Fosun Pharmaceutical Group Co. Ltd., A Shares | 161,200 | 549,918 |
Shanghai Fosun Pharmaceutical Group Co. Ltd., H Shares | 781,777 | 1,414,005 |
Shanghai Fudan Microelectronics Group Co. Ltd., A Shares | 25,080 | 129,242 |
Shanghai Fudan Microelectronics Group Co. Ltd., H Shares | 388,465 | 687,733 |
Shanghai Industrial Holdings Ltd. | 603,535 | 789,418 |
Shanghai International Airport Co. Ltd., A Shares * | 241,400 | 1,178,648 |
Shanghai International Port Group Co. Ltd., A Shares | 1,004,800 | 757,235 |
Shanghai Jinjiang International Hotels Co. Ltd., A Shares | 96,700 | 390,008 |
Shanghai Jinjiang International Hotels Co. Ltd., B Shares | 204,265 | 313,955 |
Shanghai Jinqiao Export Processing Zone Development Co. Ltd., A Shares | 200,900 | 341,281 |
Shanghai Junshi Biosciences Co. Ltd., A Shares * | 76,221 | 332,166 |
Shanghai Junshi Biosciences Co. Ltd., H Shares * | 210,248 | 335,696 |
Shanghai Lingang Holdings Corp. Ltd., A Shares | 174,700 | 259,192 |
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., A Shares | 230,800 | 293,415 |
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., B Shares | 502,630 | 203,063 |
Shanghai M&G Stationery, Inc., A Shares | 44,200 | 218,508 |
Shanghai Mechanical & Electrical Industry Co. Ltd., B shares | 293,501 | 286,457 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Shanghai Moons' Electric Co. Ltd., Class A | 40,800 | 327,351 |
Shanghai Pharmaceuticals Holding Co. Ltd., A Shares | 271,500 | 683,154 |
Shanghai Pharmaceuticals Holding Co. Ltd., H Shares | 1,218,191 | 1,960,608 |
Shanghai Pudong Development Bank Co. Ltd., A Shares | 2,768,000 | 2,746,775 |
Shanghai Putailai New Energy Technology Co. Ltd., A Shares | 201,276 | 524,054 |
Shanghai RAAS Blood Products Co. Ltd., A Shares | 655,900 | 655,422 |
Shanghai Rural Commercial Bank Co. Ltd., A Shares | 463,300 | 414,737 |
Shanghai Tunnel Engineering Co. Ltd., A Shares | 279,100 | 240,161 |
Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd., A Shares | 180,200 | 243,343 |
Shanghai Yuyuan Tourist Mart Group Co. Ltd., A Shares | 418,400 | 383,835 |
Shanghai Zhangjiang High-Tech Park Development Co. Ltd., A Shares | 158,400 | 437,481 |
Shanghai Zhenhua Heavy Industries Co. Ltd., B Shares * | 1,331,420 | 274,273 |
Shanxi Coal International Energy Group Co. Ltd., Class A | 106,900 | 272,841 |
Shanxi Coking Coal Energy Group Co. Ltd., A Shares | 534,800 | 864,706 |
Shanxi Lu'an Environmental Energy Development Co. Ltd., A Shares | 297,700 | 1,067,634 |
Shanxi Meijin Energy Co. Ltd., A Shares * | 247,000 | 235,165 |
Shanxi Securities Co. Ltd., A Shares | 350,500 | 263,656 |
Shanxi Taigang Stainless Steel Co. Ltd., A Shares | 472,500 | 248,538 |
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., A Shares | 106,900 | 3,457,772 |
Shede Spirits Co. Ltd., Class A | 16,500 | 186,177 |
Shenergy Co. Ltd., Class A | 370,000 | 388,730 |
Shenghe Resources Holding Co. Ltd., A Shares | 167,100 | 209,650 |
Shengyi Technology Co. Ltd., A Shares | 219,400 | 522,218 |
Shennan Circuits Co. Ltd., A Shares | 31,700 | 308,850 |
Shenwan Hongyuan Group Co. Ltd., A Shares | 1,646,300 | 1,046,467 |
Shenwan Hongyuan Group Co. Ltd., H Shares | 3,400,291 | 612,407 |
Shenzhen Airport Co. Ltd., A Shares * | 213,000 | 193,334 |
Shenzhen Capchem Technology Co. Ltd., A Shares | 80,640 | 455,284 |
Shenzhen Dynanonic Co. Ltd., A Shares | 22,880 | 136,005 |
Shenzhen Energy Group Co. Ltd., A Shares | 425,900 | 389,533 |
Shenzhen Expressway Corp. Ltd., H Shares | 1,026,247 | 903,183 |
Shenzhen Gas Corp. Ltd., A Shares | 371,000 | 350,134 |
Shenzhen Goodix Technology Co. Ltd., A Shares * | 16,500 | 144,957 |
Shenzhen Hepalink Pharmaceutical Group Co. Ltd., H Shares | 509,444 | 182,855 |
Shenzhen Inovance Technology Co. Ltd., A Shares | 199,100 | 1,746,658 |
Shenzhen International Holdings Ltd. | 1,846,547 | 1,559,074 |
Shenzhen Investment Ltd. | 3,284,081 | 440,462 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Shenzhen Jinjia Group Co. Ltd., A Shares | 197,700 | 132,801 |
Shenzhen Kaifa Technology Co. Ltd., A Shares | 155,600 | 308,382 |
Shenzhen Kangtai Biological Products Co. Ltd., A Shares | 105,180 | 354,286 |
Shenzhen Kedali Industry Co. Ltd., A Shares | 23,100 | 233,781 |
Shenzhen Kingdom Sci-Tech Co. Ltd., A Shares | 92,200 | 164,048 |
Shenzhen Kstar Science & Technology Co. Ltd., Class A | 44,500 | 143,593 |
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., A Shares | 105,300 | 4,226,176 |
Shenzhen MTC Co. Ltd., A Shares | 456,500 | 345,293 |
Shenzhen New Industries Biomedical Engineering Co. Ltd., A Shares | 27,000 | 303,491 |
Shenzhen Overseas Chinese Town Co. Ltd., A Shares * | 780,000 | 332,341 |
Shenzhen Salubris Pharmaceuticals Co. Ltd., A Shares | 92,000 | 372,839 |
Shenzhen SC New Energy Technology Corp., A Shares | 31,000 | 278,582 |
Shenzhen SED Industry Co. Ltd., Class A | 108,000 | 296,334 |
Shenzhen Senior Technology Material Co. Ltd., A Shares | 119,700 | 203,674 |
Shenzhen Sunway Communication Co. Ltd., A Shares | 88,700 | 247,317 |
Shenzhen Transsion Holdings Co. Ltd., A Shares | 69,360 | 1,527,696 |
Shenzhen YUTO Packaging Technology Co. Ltd., A Shares | 67,900 | 254,345 |
Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd., A Shares | 304,100 | 182,327 |
Shenzhou International Group Holdings Ltd. | 951,245 | 7,843,203 |
Shijiazhuang Changshan BeiMing Technology Co. Ltd., A Shares * | 215,100 | 246,886 |
Shijiazhuang Yiling Pharmaceutical Co. Ltd., A Shares | 159,500 | 475,052 |
Shougang Fushan Resources Group Ltd. | 1,987,611 | 827,663 |
Shui On Land Ltd. | 4,692,538 | 425,570 |
Siasun Robot & Automation Co. Ltd., A Shares * | 140,300 | 232,689 |
SICC Co. Ltd., A Shares * | 15,754 | 122,005 |
Sichuan Changhong Electric Co. Ltd., A Shares | 200,500 | 143,030 |
Sichuan Chuantou Energy Co. Ltd., A Shares | 422,100 | 917,399 |
Sichuan Hebang Biotechnology Co. Ltd., A Shares | 817,200 | 279,007 |
Sichuan Kelun Pharmaceutical Co. Ltd., A Shares | 138,500 | 527,647 |
Sichuan New Energy Power Co. Ltd., Shares A * | 139,800 | 221,383 |
Sichuan Road & Bridge Group Co. Ltd., A Shares | 637,960 | 722,495 |
Sichuan Swellfun Co. Ltd., A Shares | 48,700 | 339,435 |
Sichuan Yahua Industrial Group Co. Ltd., A Shares | 100,900 | 160,062 |
Sieyuan Electric Co. Ltd., A Shares | 77,800 | 618,275 |
Sino Biopharmaceutical Ltd. | 12,190,351 | 4,873,774 |
Sinolink Securities Co. Ltd., A Shares | 108,600 | 137,158 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Sinoma International Engineering Co., A Shares | 327,100 | 509,813 |
Sinoma Science & Technology Co. Ltd., A Shares | 158,200 | 343,615 |
Sinomine Resource Group Co. Ltd., A Shares | 62,860 | 327,332 |
Sinopec Engineering Group Co. Ltd., H Shares | 1,904,362 | 1,045,979 |
Sinopec Oilfield Service Corp., H Shares * | 6,414,045 | 385,066 |
Sinopec Shanghai Petrochemical Co. Ltd., A Shares * | 918,700 | 353,187 |
Sinopec Shanghai Petrochemical Co. Ltd., H Shares * | 3,523,344 | 495,054 |
Sinopharm Group Co. Ltd., H Shares | 1,547,605 | 4,339,098 |
Sinotrans Ltd., H Shares | 3,422,013 | 1,459,933 |
Sinotruk Hong Kong Ltd. | 825,985 | 2,183,973 |
Skshu Paint Co. Ltd., A Shares | 47,628 | 255,814 |
Smoore International Holdings Ltd. | 2,194,954 | 1,533,619 |
Songcheng Performance Development Co. Ltd., A Shares | 244,300 | 366,183 |
SooChow Securities Co. Ltd., A Shares | 456,585 | 462,589 |
Southwest Securities Co. Ltd., A Shares | 623,500 | 373,827 |
Spring Airlines Co. Ltd., Class A * | 62,600 | 498,437 |
StarPower Semiconductor Ltd., A Shares | 14,700 | 309,189 |
STO Express Co. Ltd., A Shares * | 130,200 | 143,296 |
Sun Art Retail Group Ltd. | 2,532,565 | 436,716 |
Sunac Services Holdings Ltd. | 856,449 | 218,794 |
Sungrow Power Supply Co. Ltd., A Shares | 124,000 | 1,500,856 |
Sunny Optical Technology Group Co. Ltd. | 815,577 | 5,292,166 |
Sunresin New Materials Co. Ltd., Class A | 58,800 | 410,484 |
Sunwoda Electronic Co. Ltd., A Shares | 174,300 | 343,992 |
Suofeiya Home Collection Co. Ltd., A Shares | 83,300 | 189,716 |
SUPCON Technology Co. Ltd., A Shares | 66,386 | 423,639 |
Suzhou Dongshan Precision Manufacturing Co. Ltd., A Shares | 157,600 | 327,438 |
Suzhou Maxwell Technologies Co. Ltd., A Shares | 26,060 | 439,623 |
Suzhou Nanomicro Technology Co. Ltd., Class A | 47,791 | 147,049 |
Suzhou Novosense Microelectronics Co. Ltd., Class A | 9,567 | 154,009 |
Suzhou TFC Optical Communication Co. Ltd., Class A | 38,900 | 734,242 |
Taiji Computer Corp. Ltd., A Shares | 59,600 | 223,172 |
TAL Education Group, ADR * | 549,996 | 8,101,441 |
Tangshan Jidong Cement Co. Ltd., A Shares | 287,800 | 234,865 |
TangShan Port Group Co. Ltd., A Shares | 602,100 | 364,339 |
TBEA Co. Ltd., A Shares | 445,223 | 920,075 |
TCL Technology Group Corp., A Shares | 1,952,050 | 1,227,270 |
TCL Zhonghuan Renewable Energy Technology Co. Ltd., A Shares | 282,900 | 530,836 |
Tencent Holdings Ltd. | 7,834,284 | 277,394,176 |
Tencent Music Entertainment Group, ADR * | 784,497 | 8,213,684 |
Thunder Software Technology Co. Ltd., A Shares | 40,400 | 340,122 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Tian Di Science & Technology Co. Ltd., A Shares | 299,200 | 284,448 |
Tianfeng Securities Co. Ltd., A Shares * | 269,500 | 116,698 |
Tianjin Chase Sun Pharmaceutical Co. Ltd., A Shares | 302,500 | 166,674 |
Tianma Microelectronics Co. Ltd., A Shares * | 229,000 | 291,127 |
Tianqi Lithium Corp., A Shares | 150,700 | 1,121,688 |
Tianqi Lithium Corp., H Shares | 122,400 | 621,475 |
Tianshui Huatian Technology Co. Ltd., A Shares | 324,700 | 368,626 |
Tingyi Cayman Islands Holding Corp. | 2,424,405 | 2,703,487 |
Titan Wind Energy Suzhou Co. Ltd., A Shares * | 167,900 | 232,792 |
Tongcheng Travel Holdings Ltd. * | 1,543,801 | 3,896,575 |
TongFu Microelectronics Co. Ltd., A Shares | 148,100 | 456,309 |
Tongkun Group Co. Ltd., A Shares * | 224,000 | 422,803 |
Tongling Nonferrous Metals Group Co. Ltd., A Shares | 911,300 | 414,845 |
Tongwei Co. Ltd., A Shares | 427,400 | 1,571,923 |
Topchoice Medical Corp., A Shares * | 30,700 | 280,189 |
Topsec Technologies Group, Inc., A Shares * | 156,800 | 165,173 |
Topsports International Holdings Ltd. | 3,697,960 | 2,512,920 |
Towngas Smart Energy Co. Ltd. | 1,584,242 | 572,681 |
TravelSky Technology Ltd., H Shares | 1,309,140 | 1,568,533 |
Trina Solar Co. Ltd., A Shares | 213,856 | 743,499 |
Trip.com Group Ltd. * | 661,460 | 30,146,246 |
Tsinghua Tongfang Co. Ltd., Class A * | 110,700 | 103,706 |
Tsingtao Brewery Co. Ltd., A Shares | 69,800 | 777,315 |
Tsingtao Brewery Co. Ltd., H Shares | 754,120 | 4,840,401 |
Tuya, Inc., ADR * | 334,386 | 658,740 |
Unigroup Guoxin Microelectronics Co. Ltd., A Shares * | 81,679 | 811,547 |
Uni-President China Holdings Ltd. | 1,554,523 | 933,254 |
Unisplendour Corp. Ltd., A Shares * | 123,700 | 379,414 |
Valiant Co. Ltd., A Shares | 84,400 | 176,642 |
Verisilicon Microelectronics Shanghai Co. Ltd., Class A * | 22,762 | 128,259 |
Vinda International Holdings Ltd. | 349,170 | 1,036,966 |
Vipshop Holdings Ltd., ADR * | 423,168 | 8,145,984 |
Walvax Biotechnology Co. Ltd., A Shares | 162,200 | 414,209 |
Wanda Film Holding Co. Ltd., A Shares * | 244,400 | 405,341 |
Wangsu Science & Technology Co. Ltd., A Shares | 229,600 | 326,623 |
Wanhua Chemical Group Co. Ltd., A Shares | 270,100 | 2,982,055 |
Want Want China Holdings Ltd. | 5,227,328 | 2,884,485 |
Wanxiang Qianchao Co. Ltd., A Shares | 304,900 | 203,542 |
Weibo Corp., ADR | 97,042 | 885,023 |
Weichai Power Co. Ltd., A Shares | 583,400 | 1,366,752 |
Weichai Power Co. Ltd., H Shares | 2,465,115 | 4,849,117 |
Weifu High-Technology Group Co. Ltd., A Shares | 187,500 | 448,891 |
Weihai Guangwei Composites Co. Ltd., A Shares | 73,120 | 277,451 |
Wens Foodstuffs Group Co. Ltd., A Shares | 180,320 | 480,002 |
Western Mining Co. Ltd., A Shares | 218,400 | 504,682 |
Western Securities Co. Ltd., A Shares | 435,000 | 481,170 |
Western Superconducting Technologies Co. Ltd., A Shares | 63,280 | 351,475 |
Will Semiconductor Co. Ltd. Shanghai, A Shares | 78,150 | 1,041,241 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Wingtech Technology Co. Ltd., A Shares * | 110,400 | 584,540 |
Winning Health Technology Group Co. Ltd., A Shares | 212,700 | 209,298 |
Wolong Electric Group Co. Ltd., A Shares | 121,200 | 185,032 |
Wonders Information Co. Ltd., Class A * | 115,200 | 108,241 |
Wuchan Zhongda Group Co. Ltd., A Shares | 338,200 | 215,915 |
Wuhan Guide Infrared Co. Ltd., A Shares | 367,336 | 321,695 |
Wuliangye Yibin Co. Ltd., A Shares | 341,200 | 6,736,158 |
WUS Printed Circuit Kunshan Co. Ltd., A Shares | 179,500 | 657,687 |
WuXi AppTec Co. Ltd., A Shares | 232,351 | 1,756,842 |
WuXi AppTec Co. Ltd., H Shares | 432,497 | 2,690,400 |
Wuxi Autowell Technology Co. Ltd., Class A | 14,848 | 179,921 |
Wuxi Biologics Cayman, Inc. * | 4,478,474 | 10,891,854 |
XCMG Construction Machinery Co. Ltd., A Shares | 1,071,600 | 881,939 |
Xiamen C & D, Inc., A Shares | 328,600 | 474,755 |
Xiamen Faratronic Co. Ltd., A Shares | 22,000 | 318,371 |
Xiamen ITG Group Corp. Ltd., A Shares | 178,800 | 186,611 |
Xiamen Tungsten Co. Ltd., A Shares | 120,800 | 281,326 |
Xiangcai Co. Ltd., A Shares | 336,000 | 346,947 |
Xiaomi Corp., B Shares * | 18,296,560 | 30,896,245 |
Xinhua Winshare Publishing & Media Co. Ltd., H Shares | 534,158 | 486,479 |
Xinjiang Daqo New Energy Co. Ltd., Class A | 72,010 | 291,928 |
Xinjiang Tianshan Cement Co. Ltd., A Shares | 197,300 | 188,394 |
Xinjiang Zhongtai Chemical Co. Ltd., A Shares | 241,900 | 174,914 |
Xinxing Ductile Iron Pipes Co. Ltd., A Shares | 340,400 | 186,611 |
Xinyi Solar Holdings Ltd. | 5,518,166 | 3,355,108 |
XPeng, Inc., A Shares * | 1,392,277 | 6,384,471 |
Xtep International Holdings Ltd. (a) | 1,477,944 | 817,430 |
Xuji Electric Co. Ltd., A Shares | 91,400 | 282,499 |
Yadea Group Holdings Ltd. | 1,315,715 | 2,063,788 |
Yangling Metron New Material, Inc., A Shares | 51,500 | 198,273 |
Yangtze Optical Fibre & Cable Joint Stock Co. Ltd., A Shares | 109,200 | 417,992 |
Yangzhou Yangjie Electronic Technology Co. Ltd., A Shares | 49,900 | 275,289 |
Yangzijiang Financial Holding Ltd. | 3,233,468 | 829,649 |
Yangzijiang Shipbuilding Holdings Ltd. | 3,421,994 | 4,453,733 |
Yankuang Energy Group Co. Ltd., A Shares | 160,200 | 575,410 |
Yankuang Energy Group Co. Ltd., H Shares | 2,773,586 | 6,405,379 |
Yanlord Land Group Ltd. * | 919,335 | 321,350 |
Yantai Changyu Pioneer Wine Co. Ltd., A Shares | 83 | 265 |
Yantai Eddie Precision Machinery Co. Ltd., A Shares | 86,520 | 194,168 |
Yantai Jereh Oilfield Services Group Co. Ltd., A Shares | 102,500 | 429,617 |
Yealink Network Technology Corp. Ltd., A Shares | 104,930 | 427,278 |
Yifan Pharmaceutical Co. Ltd., A Shares * | 124,700 | 214,085 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Yifeng Pharmacy Chain Co. Ltd., A Shares | 95,564 | 522,301 |
Yihai International Holding Ltd. | 637,377 | 895,558 |
Yihai Kerry Arawana Holdings Co. Ltd., A Shares | 187,900 | 843,369 |
Yintai Gold Co. Ltd., A Shares | 275,600 | 572,983 |
Yixintang Pharmaceutical Group Co. Ltd., A Shares | 57,800 | 157,069 |
Yonghui Superstores Co. Ltd., A Shares * | 367,300 | 134,579 |
YongXing Special Materials Technology Co. Ltd., A Shares | 41,860 | 320,635 |
Yonyou Network Technology Co. Ltd., A Shares | 337,540 | 593,544 |
Youngor Fashion Co. Ltd., A Shares | 472,400 | 481,890 |
Youngy Co. Ltd., A Shares | 27,400 | 173,863 |
YTO Express Group Co. Ltd., A Shares | 271,800 | 480,962 |
Yuan Longping High-tech Agriculture Co. Ltd., A Shares * | 116,200 | 224,006 |
Yuexiu Property Co. Ltd. | 2,147,513 | 1,434,638 |
Yum China Holdings, Inc. | 510,184 | 22,287,315 |
Yunda Holding Co. Ltd., A Shares | 137,400 | 137,491 |
Yuneng Technology Co. Ltd., Shares A | 9,288 | 112,006 |
Yunnan Aluminium Co. Ltd., A Shares | 339,400 | 546,413 |
Yunnan Baiyao Group Co. Ltd., A Shares | 155,540 | 1,075,682 |
Yunnan Botanee Bio-Technology Group Co. Ltd., A Shares | 18,000 | 163,781 |
Yunnan Copper Co. Ltd., A Shares | 232,000 | 356,762 |
Yunnan Energy New Material Co. Ltd., A Shares | 76,600 | 487,863 |
Yunnan Tin Co. Ltd., A Shares | 179,200 | 342,222 |
Yunnan Yuntianhua Co. Ltd., A Shares | 195,400 | 494,653 |
Yutong Bus Co. Ltd., A Shares | 88,000 | 228,023 |
Zai Lab Ltd. * | 1,142,530 | 2,486,807 |
Zangge Mining Co. Ltd., A Shares | 112,300 | 456,510 |
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., A Shares | 51,800 | 1,603,192 |
Zhaojin Mining Industry Co. Ltd., H Shares | 1,419,862 | 1,478,116 |
Zhefu Holding Group Co. Ltd., A Shares | 536,900 | 253,351 |
Zhejiang Century Huatong Group Co. Ltd., A Shares * | 624,000 | 423,491 |
Zhejiang China Commodities City Group Co. Ltd., A Shares | 540,100 | 616,165 |
Zhejiang Chint Electrics Co. Ltd., A Shares | 130,800 | 373,598 |
Zhejiang Crystal-Optech Co. Ltd., A Shares | 132,400 | 207,092 |
Zhejiang Dahua Technology Co. Ltd., A Shares | 228,400 | 586,750 |
Zhejiang Daily Digital Culture Group Co. Ltd., Class A | 76,200 | 117,072 |
Zhejiang Dingli Machinery Co. Ltd., A Shares | 34,600 | 283,465 |
Zhejiang Expressway Co. Ltd., H Shares | 2,056,181 | 1,570,606 |
Zhejiang Hailiang Co. Ltd., A Shares | 123,600 | 160,563 |
Zhejiang HangKe Technology, Inc. Co., A Shares | 44,364 | 138,352 |
Zhejiang Hisoar Pharmaceutical Co. Ltd., A Shares | 341,900 | 263,356 |
Zhejiang Huace Film & Television Co. Ltd., A Shares | 223,900 | 170,599 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Zhejiang Huahai Pharmaceutical Co. Ltd., A Shares | 140,250 | 271,147 |
Zhejiang Huayou Cobalt Co. Ltd., A Shares | 159,860 | 614,569 |
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., A Shares | 127,800 | 656,271 |
Zhejiang Jiuzhou Pharmaceutical Co. Ltd., A Shares | 74,200 | 210,595 |
Zhejiang Juhua Co. Ltd., A Shares | 268,700 | 761,135 |
Zhejiang Leapmotor Technology Co. Ltd. * | 658,011 | 2,302,971 |
Zhejiang NHU Co. Ltd., A Shares | 285,468 | 713,150 |
Zhejiang Sanhua Intelligent Controls Co. Ltd., A Shares | 167,020 | 577,654 |
Zhejiang Shuanghuan Driveline Co. Ltd., Class A | 58,100 | 193,767 |
Zhejiang Supor Co. Ltd., A Shares | 46,200 | 354,455 |
Zhejiang Wanfeng Auto Wheel Co. Ltd., A Shares | 394,800 | 392,321 |
Zhejiang Weixing New Building Materials Co. Ltd., A Shares | 155,300 | 339,471 |
Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd., A Shares | 54,100 | 196,345 |
Zhejiang Zheneng Electric Power Co. Ltd., Class A * | 541,100 | 404,027 |
Zhengzhou Coal Mining Machinery Group Co. Ltd., A Shares | 162,400 | 333,354 |
Zheshang Securities Co. Ltd., A Shares | 114,500 | 162,726 |
ZhongAn Online P&C Insurance Co. Ltd., H Shares * | 943,957 | 1,495,129 |
Zhongji Innolight Co. Ltd., A Shares | 65,400 | 1,408,343 |
Zhongjin Gold Corp. Ltd., Class A | 211,700 | 306,154 |
Zhongshan Public Utilities Group Co. Ltd., A Shares | 410,700 | 432,631 |
Zhongsheng Group Holdings Ltd. | 880,986 | 1,615,951 |
Zhongtai Securities Co. Ltd., A Shares | 240,800 | 232,270 |
Zhuhai Huafa Properties Co. Ltd., A Shares | 209,400 | 209,829 |
Zhuzhou CRRC Times Electric Co. Ltd., A Shares | 51,276 | 276,475 |
Zhuzhou CRRC Times Electric Co. Ltd., H Shares | 708,198 | 2,080,594 |
Zhuzhou Hongda Electronics Corp. Ltd., A Shares | 41,900 | 145,613 |
Zhuzhou Kibing Group Co. Ltd., A Shares | 203,000 | 182,849 |
Zijin Mining Group Co. Ltd., A Shares | 1,792,900 | 3,262,193 |
Zijin Mining Group Co. Ltd., H Shares | 7,325,358 | 11,845,881 |
ZJLD Group, Inc. *(a) | 358,400 | 421,173 |
Zoomlion Heavy Industry Science & Technology Co. Ltd., A Shares | 497,600 | 552,486 |
Zoomlion Heavy Industry Science & Technology Co. Ltd., H Shares | 2,362,935 | 1,527,239 |
ZTE Corp., A Shares | 362,200 | 1,501,029 |
ZTE Corp., H Shares | 926,430 | 2,089,816 |
2,365,529,980 | ||
Colombia 0.1% | ||
Bancolombia SA | 373,053 | 3,129,518 |
Bancolombia SA, ADR | 45,059 | 1,465,319 |
Ecopetrol SA | 300,000 | 174,960 |
Ecopetrol SA, ADR (a) | 270,015 | 3,159,175 |
Interconexion Electrica SA ESP | 654,899 | 2,788,650 |
10,717,622 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Czech Republic 0.2% | ||
CEZ AS | 194,801 | 6,672,351 |
Colt CZ Group SE | 14,149 | 372,097 |
Komercni Banka AS | 93,399 | 3,259,024 |
Moneta Money Bank AS | 474,214 | 2,088,655 |
Philip Morris CR AS | 945 | 627,161 |
13,019,288 | ||
Egypt 0.1% | ||
Commercial International Bank - Egypt (CIB), GDR | 6,234,691 | 8,603,874 |
Greece 0.7% | ||
Aegean Airlines SA * | 36,254 | 493,542 |
Alpha Services & Holdings SA * | 2,665,883 | 5,011,047 |
Athens Water Supply & Sewage Co. SA | 55,197 | 329,718 |
Autohellas Tourist & Trading SA | 29,454 | 430,294 |
Ellaktor SA * | 130,845 | 380,180 |
Eurobank Ergasias Services & Holdings SA, A Shares * | 3,286,202 | 6,797,609 |
FF Group *(b) | 50,437 | 0 |
GEK Terna Holding Real Estate Construction SA | 75,622 | 1,165,321 |
Hellenic Telecommunications Organization SA | 219,647 | 3,318,167 |
Helleniq Energy Holdings SA | 93,648 | 852,280 |
Holding Co. ADMIE IPTO SA | 184,657 | 455,605 |
Jumbo SA | 137,666 | 4,028,292 |
LAMDA Development SA * | 123,255 | 901,652 |
Motor Oil Hellas Corinth Refineries SA | 82,018 | 2,343,153 |
Mytilineos SA | 129,767 | 5,055,387 |
National Bank of Greece SA * | 936,951 | 7,344,850 |
OPAP SA | 247,557 | 4,519,370 |
Piraeus Financial Holdings SA * | 844,042 | 3,717,458 |
Piraeus Port Authority SA | 7,169 | 200,543 |
Public Power Corp. SA * | 262,129 | 3,420,976 |
Quest Holdings SA | 39,953 | 242,549 |
Sarantis SA | 44,585 | 442,431 |
Terna Energy SA | 78,372 | 1,407,003 |
Titan Cement International SA | 31,719 | 901,024 |
Viohalco SA | 59,244 | 384,666 |
54,143,117 | ||
Hong Kong 0.0% | ||
China Huishan Dairy Holdings Co. Ltd. *(b) | 3,872,695 | 0 |
Hungary 0.3% | ||
Magyar Telekom Telecommunications PLC | 646,180 | 1,465,302 |
MOL Hungarian Oil & Gas PLC | 545,104 | 4,335,344 |
OTP Bank Nyrt | 292,139 | 14,001,009 |
Richter Gedeon Nyrt | 180,554 | 4,804,851 |
24,606,506 | ||
Iceland 0.1% | ||
Alvotech SA * | 84,711 | 1,330,604 |
Arion Banki Hf. | 1,966,782 | 2,185,313 |
Eimskipafelag Islands Hf. | 169,064 | 471,152 |
Festi Hf. | 301,147 | 431,611 |
Hagar Hf. | 1,501,201 | 825,851 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Icelandair Group Hf. * | 18,580,971 | 157,363 |
Islandsbanki Hf. | 1,731,719 | 1,334,984 |
Kvika banki Hf. | 7,075,479 | 793,847 |
Marel Hf. | 690,581 | 2,379,418 |
Reitir fasteignafelag Hf. | 937,279 | 556,329 |
10,466,472 | ||
India 21.6% | ||
3M India Ltd. | 3,908 | 1,507,167 |
Aarti Industries Ltd. | 269,146 | 2,129,213 |
ABB India Ltd. | 67,295 | 4,419,133 |
ACC Ltd. | 96,461 | 3,058,808 |
Adani Energy Solutions Ltd. * | 447,697 | 5,749,538 |
Adani Enterprises Ltd. | 441,227 | 17,482,788 |
Adani Green Energy Ltd. * | 530,703 | 12,129,211 |
Adani Ports & Special Economic Zone Ltd. | 935,303 | 14,895,363 |
Adani Power Ltd. * | 1,423,834 | 9,443,716 |
Adani Total Gas Ltd. | 351,261 | 4,344,997 |
Adani Wilmar Ltd. * | 214,560 | 987,585 |
Aditya Birla Capital Ltd. * | 575,825 | 1,275,386 |
AIA Engineering Ltd. | 48,655 | 2,139,168 |
Alkem Laboratories Ltd. | 59,473 | 3,677,673 |
Ambuja Cements Ltd. | 910,492 | 6,653,305 |
APL Apollo Tubes Ltd. | 222,157 | 4,146,341 |
Apollo Hospitals Enterprise Ltd. | 122,576 | 9,020,062 |
Ashok Leyland Ltd. | 1,706,827 | 3,497,383 |
Asian Paints Ltd. | 569,659 | 19,387,282 |
Astral Ltd. | 149,540 | 3,731,635 |
AU Small Finance Bank Ltd. | 412,772 | 2,836,816 |
Aurobindo Pharma Ltd. | 331,779 | 4,113,814 |
Avenue Supermarts Ltd. * | 188,525 | 8,910,324 |
Axis Bank Ltd. | 2,849,062 | 36,941,209 |
Bajaj Auto Ltd. | 85,068 | 8,114,605 |
Bajaj Finance Ltd. | 302,484 | 23,695,469 |
Bajaj Finserv Ltd. | 475,665 | 9,143,140 |
Bajaj Holdings & Investment Ltd. | 35,107 | 3,873,969 |
Balkrishna Industries Ltd. | 101,306 | 2,723,302 |
Bandhan Bank Ltd. | 970,968 | 2,290,520 |
Bank of Baroda | 1,274,498 | 4,080,207 |
Bank of India | 992,975 | 1,574,198 |
Bata India Ltd. | 89,515 | 1,521,727 |
Bayer CropScience Ltd. | 18,003 | 1,230,945 |
Berger Paints India Ltd. | 408,316 | 2,987,657 |
Bharat Electronics Ltd. | 4,369,338 | 10,807,908 |
Bharat Forge Ltd. | 314,598 | 4,367,085 |
Bharat Heavy Electricals Ltd. | 1,583,714 | 4,346,242 |
Bharat Petroleum Corp. Ltd. | 1,262,316 | 9,193,005 |
Bharti Airtel Ltd. | 2,881,953 | 39,044,722 |
Bharti Airtel Ltd. - Partly Paid Shares | 182,979 | 1,592,532 |
Biocon Ltd. | 585,733 | 1,953,238 |
Bosch Ltd. | 11,739 | 4,047,795 |
Britannia Industries Ltd. | 149,612 | 8,959,082 |
Canara Bank | 440,031 | 2,995,498 |
Castrol India Ltd. | 655,551 | 1,647,648 |
CG Power & Industrial Solutions Ltd. | 823,405 | 4,401,722 |
Cholamandalam Investment & Finance Co. Ltd. | 505,113 | 6,635,238 |
Cipla Ltd. | 643,928 | 11,496,405 |
Coal India Ltd. | 2,881,311 | 15,175,174 |
Coforge Ltd. | 73,390 | 5,801,055 |
Colgate-Palmolive India Ltd. | 170,666 | 5,200,794 |
Container Corp. of India Ltd. | 349,698 | 4,122,169 |
Coromandel International Ltd. | 156,089 | 2,026,030 |
Cummins India Ltd. | 172,454 | 5,696,002 |
Dabur India Ltd. | 738,958 | 4,796,047 |
Dalmia Bharat Ltd. | 102,148 | 2,494,559 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Deepak Nitrite Ltd. | 91,589 | 2,444,306 |
Divi's Laboratories Ltd. | 160,365 | 6,747,548 |
Dixon Technologies India Ltd. | 45,321 | 3,653,310 |
DLF Ltd. | 768,888 | 8,356,889 |
Dr Lal PathLabs Ltd. | 45,230 | 1,282,829 |
Dr Reddy's Laboratories Ltd. | 152,563 | 11,820,395 |
Eicher Motors Ltd. | 174,776 | 7,993,855 |
Emami Ltd. | 288,737 | 1,622,739 |
Embassy Office Parks REIT | 1,044,425 | 4,708,439 |
Exide Industries Ltd. | 622,194 | 2,403,494 |
Federal Bank Ltd. | 2,116,015 | 3,838,194 |
FSN E-Commerce Ventures Ltd. * | 1,730,004 | 3,273,636 |
GAIL India Ltd. | 3,288,058 | 7,227,155 |
General Insurance Corp. of India | 131,775 | 604,076 |
GlaxoSmithKline Pharmaceuticals Ltd. | 57,236 | 1,500,442 |
Glenmark Pharmaceuticals Ltd. | 186,104 | 2,076,370 |
GMR Airports Infrastructure Ltd. * | 3,192,878 | 3,234,610 |
Godrej Consumer Products Ltd. | 463,211 | 7,026,132 |
Godrej Industries Ltd. * | 104,980 | 1,014,144 |
Godrej Properties Ltd. * | 132,914 | 3,844,053 |
Grasim Industries Ltd. | 477,044 | 12,607,833 |
Gujarat Fluorochemicals Ltd. | 52,334 | 2,336,422 |
Gujarat Gas Ltd. | 264,889 | 1,806,100 |
Havells India Ltd. | 303,577 | 5,606,653 |
HCL Technologies Ltd. | 1,319,347 | 26,474,853 |
HDFC Asset Management Co. Ltd. | 127,703 | 5,780,162 |
HDFC Bank Ltd. | 5,867,224 | 99,305,771 |
HDFC Life Insurance Co. Ltd. | 1,244,235 | 8,733,448 |
Hero MotoCorp Ltd. | 164,500 | 8,781,864 |
Hindalco Industries Ltd. | 1,746,274 | 10,611,432 |
Hindustan Aeronautics Ltd. | 234,227 | 8,712,017 |
Hindustan Petroleum Corp. Ltd. | 763,520 | 4,690,722 |
Hindustan Unilever Ltd. | 1,108,212 | 32,241,446 |
Hindustan Zinc Ltd. | 305,805 | 1,130,224 |
Honeywell Automation India Ltd. | 3,289 | 1,504,577 |
ICICI Bank Ltd. | 1,974,302 | 25,053,721 |
ICICI Lombard General Insurance Co. Ltd. | 309,338 | 6,386,074 |
ICICI Prudential Life Insurance Co. Ltd. | 472,965 | 3,038,304 |
IDBI Bank Ltd. | 692,938 | 722,470 |
IDFC First Bank Ltd. * | 4,190,306 | 4,095,992 |
Indian Bank | 248,842 | 1,576,041 |
Indian Hotels Co. Ltd. | 1,013,639 | 7,172,322 |
Indian Oil Corp. Ltd. | 5,195,322 | 10,372,943 |
Indian Railway Catering & Tourism Corp. Ltd. | 351,113 | 3,927,122 |
Indian Railway Finance Corp. Ltd. | 2,200,788 | 3,895,083 |
Indraprastha Gas Ltd. | 434,569 | 2,232,691 |
Indus Towers Ltd. * | 1,007,036 | 3,070,311 |
Info Edge India Ltd. | 98,188 | 6,237,979 |
Infosys Ltd. | 4,380,045 | 88,423,648 |
InterGlobe Aviation Ltd. * | 164,841 | 6,272,969 |
Ipca Laboratories Ltd. | 179,189 | 2,578,714 |
ITC Ltd. | 3,751,115 | 18,380,933 |
Jindal Steel & Power Ltd. | 489,888 | 4,586,261 |
Jio Financial Services Ltd. * | 3,918,627 | 14,650,619 |
JSW Energy Ltd. | 479,674 | 2,940,537 |
JSW Steel Ltd. | 1,278,201 | 12,333,995 |
Jubilant Foodworks Ltd. | 442,254 | 2,474,324 |
Kansai Nerolac Paints Ltd. | 271,565 | 948,490 |
Kotak Mahindra Bank Ltd. | 118,087 | 2,406,067 |
L&T Finance Holdings Ltd. | 1,011,443 | 2,038,957 |
L&T Technology Services Ltd. | 34,453 | 2,203,293 |
Larsen & Toubro Ltd. | 839,275 | 35,199,623 |
Laurus Labs Ltd. | 506,571 | 2,480,734 |
LIC Housing Finance Ltd. | 364,546 | 2,848,749 |
Linde India Ltd. | 26,685 | 1,732,624 |
LTIMindtree Ltd. | 114,836 | 7,341,485 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Lupin Ltd. | 300,653 | 5,877,901 |
Macrotech Developers Ltd. | 281,823 | 3,960,554 |
Mahindra & Mahindra Financial Services Ltd. | 744,945 | 2,546,152 |
Mahindra & Mahindra Ltd. | 1,179,490 | 27,488,538 |
Mangalore Refinery & Petrochemicals Ltd. | 334,747 | 919,667 |
Mankind Pharma Ltd. * | 42,000 | 1,081,757 |
Marico Ltd. | 657,156 | 4,141,887 |
Maruti Suzuki India Ltd. | 166,135 | 22,617,883 |
Max Financial Services Ltd. * | 296,170 | 3,463,688 |
Max Healthcare Institute Ltd. | 851,298 | 8,145,294 |
Mphasis Ltd. | 105,163 | 3,319,595 |
MRF Ltd. | 3,462 | 6,099,339 |
Muthoot Finance Ltd. | 141,909 | 2,231,334 |
Nestle India Ltd. | 446,120 | 13,968,513 |
NHPC Ltd. | 3,070,782 | 3,264,613 |
Nippon Life India Asset Management Ltd. | 193,890 | 1,205,788 |
NMDC Ltd. | 1,454,840 | 3,963,618 |
NTPC Ltd. | 5,965,385 | 24,144,642 |
Oberoi Realty Ltd. | 156,042 | 2,529,775 |
Oil & Natural Gas Corp. Ltd. | 4,893,843 | 15,617,094 |
Oil India Ltd. | 470,340 | 3,100,289 |
One 97 Communications Ltd. * | 416,557 | 2,026,110 |
Oracle Financial Services Software Ltd. | 32,166 | 2,976,615 |
Page Industries Ltd. | 7,325 | 3,030,980 |
Patanjali Foods Ltd. | 123,300 | 2,286,626 |
PB Fintech Ltd. * | 395,715 | 5,571,377 |
Persistent Systems Ltd. | 63,037 | 6,561,215 |
Petronet LNG Ltd. | 994,573 | 3,280,008 |
PI Industries Ltd. | 104,430 | 4,625,632 |
Pidilite Industries Ltd. | 193,929 | 6,399,104 |
Piramal Enterprises Ltd. | 153,923 | 1,698,112 |
Polycab India Ltd. | 59,436 | 3,404,786 |
Power Finance Corp. Ltd. | 1,834,402 | 8,864,907 |
Power Grid Corp. of India Ltd. | 5,273,613 | 17,989,736 |
Punjab National Bank | 2,717,090 | 3,992,914 |
Rajesh Exports Ltd. * | 180,680 | 672,133 |
RBL Bank Ltd. | 531,167 | 1,666,538 |
REC Ltd. | 1,558,579 | 8,309,226 |
Relaxo Footwears Ltd. | 92,756 | 934,873 |
Reliance Industries Ltd. | 4,201,874 | 148,055,358 |
Samvardhana Motherson International Ltd. | 2,964,102 | 4,261,179 |
SBI Cards & Payment Services Ltd. | 350,563 | 3,042,620 |
SBI Life Insurance Co. Ltd. | 534,424 | 10,006,723 |
Schaeffler India Ltd. | 53,988 | 1,883,545 |
Shree Cement Ltd. | 16,906 | 5,200,155 |
Shriram Finance Ltd. | 349,939 | 10,291,846 |
Siemens Ltd. | 112,493 | 6,348,368 |
Solar Industries India Ltd. | 32,012 | 2,598,390 |
Sona Blw Precision Forgings Ltd. | 462,389 | 3,844,215 |
SRF Ltd. | 180,864 | 5,212,509 |
Star Health & Allied Insurance Co. Ltd. * | 301,053 | 2,038,699 |
State Bank of India | 2,219,791 | 20,027,747 |
Steel Authority of India Ltd. | 1,729,909 | 2,528,635 |
Sun Pharmaceutical Industries Ltd. | 1,376,627 | 26,198,104 |
Sun TV Network Ltd. | 108,559 | 806,243 |
Supreme Industries Ltd. | 82,026 | 4,106,036 |
Syngene International Ltd. | 171,961 | 1,464,286 |
Tata Communications Ltd. | 138,674 | 3,216,473 |
Tata Consultancy Services Ltd. | 1,277,874 | 63,112,138 |
Tata Consumer Products Ltd. | 755,605 | 10,844,771 |
Tata Elxsi Ltd. | 44,093 | 4,153,741 |
Tata Motors Ltd. | 2,322,040 | 26,610,012 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Tata Motors Ltd., A Shares, DVR | 493,556 | 3,763,445 |
Tata Power Co. Ltd. | 2,062,707 | 9,248,022 |
Tata Steel Ltd. | 10,310,060 | 17,513,720 |
Tata Teleservices Maharashtra Ltd. * | 694,905 | 732,902 |
Tech Mahindra Ltd. | 768,150 | 11,801,159 |
Titan Co. Ltd. | 524,750 | 22,937,650 |
Torrent Pharmaceuticals Ltd. | 128,957 | 4,146,500 |
Torrent Power Ltd. | 286,041 | 3,718,322 |
Trent Ltd. | 230,775 | 10,803,942 |
Tube Investments of India Ltd. | 124,711 | 5,247,138 |
TVS Motor Co. Ltd. * | 295,198 | 7,615,969 |
UltraTech Cement Ltd. | 141,900 | 16,929,511 |
Union Bank of India Ltd. | 1,705,647 | 3,009,496 |
United Breweries Ltd. | 91,408 | 1,871,016 |
United Spirits Ltd. | 364,799 | 5,129,283 |
UNO Minda Ltd. | 221,554 | 1,789,186 |
UPL Ltd. | 640,228 | 3,626,733 |
Varun Beverages Ltd. | 581,344 | 9,875,302 |
Vedant Fashions Ltd. | 70,850 | 879,385 |
Vedanta Ltd. | 1,536,428 | 4,966,934 |
Vodafone Idea Ltd. * | 9,911,076 | 1,631,600 |
Voltas Ltd. | 288,032 | 3,852,759 |
Whirlpool of India Ltd. | 48,544 | 735,892 |
Wipro Ltd. | 1,760,736 | 11,012,530 |
Yes Bank Ltd. * | 28,416,669 | 8,379,390 |
Zee Entertainment Enterprises Ltd. * | 988,783 | 1,919,342 |
Zomato Ltd. * | 7,179,891 | 14,326,661 |
Zydus Lifesciences Ltd. | 316,183 | 3,591,730 |
1,804,018,946 | ||
Indonesia 2.2% | ||
Adaro Energy Indonesia Tbk. PT | 16,173,652 | 2,490,629 |
Amman Mineral Internasional PT * | 6,771,600 | 3,662,654 |
Astra Agro Lestari Tbk. PT | 560,902 | 240,030 |
Astra International Tbk. PT | 24,904,141 | 8,280,251 |
Avia Avian Tbk. PT | 23,565,615 | 884,742 |
Bank Central Asia Tbk. PT | 69,224,684 | 43,499,443 |
Bank Mandiri Persero Tbk. PT | 55,637,930 | 24,783,042 |
Bank Negara Indonesia Persero Tbk. PT | 18,278,010 | 6,978,559 |
Bank Rakyat Indonesia Persero Tbk. PT | 88,132,153 | 34,349,948 |
Bank Syariah Indonesia Tbk. PT | 4,940,855 | 776,577 |
Barito Pacific Tbk. PT | 32,461,374 | 2,013,989 |
Bukit Asam Tbk. PT | 5,702,740 | 928,986 |
Bumi Serpong Damai Tbk. PT * | 11,362,178 | 733,860 |
Charoen Pokphand Indonesia Tbk. PT | 9,163,432 | 2,822,209 |
Dayamitra Telekomunikasi PT | 27,941,030 | 1,129,020 |
Elang Mahkota Teknologi Tbk. PT | 37,910,175 | 1,133,807 |
GoTo Gojek Tokopedia Tbk. PT * | 924,405,414 | 4,176,442 |
Gudang Garam Tbk. PT | 611,245 | 790,554 |
Hanjaya Mandala Sampoerna Tbk. PT | 11,399,308 | 627,452 |
Indah Kiat Pulp & Paper Tbk. PT | 3,362,437 | 1,866,832 |
Indocement Tunggal Prakarsa Tbk. PT | 1,937,981 | 1,119,133 |
Indofood CBP Sukses Makmur Tbk. PT | 2,787,708 | 2,048,872 |
Indofood Sukses Makmur Tbk. PT | 5,188,104 | 2,187,158 |
Indosat Tbk. PT | 2,096,179 | 1,523,948 |
Jasa Marga Persero Tbk. PT | 2,829,242 | 976,687 |
Kalbe Farma Tbk. PT | 23,860,602 | 2,262,316 |
Mayora Indah Tbk. PT | 4,427,275 | 693,038 |
Merdeka Copper Gold Tbk. PT * | 17,760,770 | 2,554,206 |
Perusahaan Gas Negara Tbk. PT | 13,824,853 | 958,898 |
Sarana Menara Nusantara Tbk. PT | 25,370,706 | 1,485,272 |
Semen Indonesia Persero Tbk. PT | 4,446,512 | 1,725,977 |
Smartfren Telecom Tbk. PT * | 175,435,136 | 591,668 |
Sumber Alfaria Trijaya Tbk. PT | 23,824,808 | 4,169,152 |
Surya Citra Media Tbk. PT | 17,053,951 | 161,695 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Telkom Indonesia Persero Tbk. PT | 57,172,403 | 14,552,314 |
Tower Bersama Infrastructure Tbk. PT | 5,831,768 | 690,238 |
Trimegah Bangun Persada Tbk. PT | 4,589,300 | 262,830 |
Unilever Indonesia Tbk. PT | 7,546,129 | 1,310,909 |
United Tractors Tbk. PT | 1,766,718 | 2,644,737 |
Vale Indonesia Tbk. PT | 2,620,497 | 675,343 |
XL Axiata Tbk. PT | 5,121,967 | 775,710 |
185,539,127 | ||
Kuwait 0.9% | ||
Agility Public Warehousing Co. KSC * | 2,020,992 | 3,948,046 |
Boubyan Bank KSCP | 1,600,532 | 3,345,172 |
Burgan Bank SAK | 1,373,212 | 923,955 |
Gulf Bank KSCP | 2,422,010 | 2,322,421 |
Humansoft Holding Co. KSC | 129,456 | 1,418,062 |
Kuwait Finance House KSCP | 11,393,515 | 29,997,553 |
Mabanee Co. KPSC | 852,977 | 2,267,951 |
Mobile Telecommunications Co. KSCP | 2,483,441 | 4,060,363 |
National Bank of Kuwait SAKP | 9,530,598 | 30,359,129 |
78,642,652 | ||
Malaysia 1.8% | ||
Alliance Bank Malaysia Bhd. | 1,535,680 | 1,152,043 |
AMMB Holdings Bhd. | 2,882,172 | 2,635,892 |
Astro Malaysia Holdings Bhd. | 2,228,600 | 166,717 |
Axiata Group Bhd. | 5,764,277 | 3,376,818 |
CELCOMDIGI Bhd. | 5,233,214 | 4,797,067 |
CIMB Group Holdings Bhd. | 9,610,052 | 13,082,064 |
Dialog Group Bhd. | 5,497,700 | 2,432,867 |
Fraser & Neave Holdings Bhd. | 203,600 | 1,265,662 |
Gamuda Bhd. | 3,118,631 | 3,476,463 |
Genting Bhd. | 2,540,800 | 2,553,918 |
Genting Malaysia Bhd. | 3,321,020 | 2,008,498 |
Hartalega Holdings Bhd. * | 1,997,700 | 1,056,628 |
Hong Leong Bank Bhd. | 843,307 | 3,504,376 |
Hong Leong Financial Group Bhd. | 335,400 | 1,201,517 |
IHH Healthcare Bhd. | 3,503,400 | 4,540,282 |
IJM Corp. Bhd. | 4,778,136 | 2,154,717 |
IOI Corp. Bhd. | 3,283,492 | 2,753,830 |
Kuala Lumpur Kepong Bhd. | 665,961 | 3,143,510 |
Malayan Banking Bhd. | 9,045,218 | 18,164,772 |
Malaysia Airports Holdings Bhd. | 1,419,384 | 2,536,377 |
Maxis Bhd. | 3,527,424 | 2,765,150 |
MISC Bhd. | 2,299,800 | 3,683,169 |
MR DIY Group M Bhd. | 3,632,700 | 1,194,187 |
Nestle Malaysia Bhd. | 80,171 | 2,110,074 |
Petronas Chemicals Group Bhd. | 3,691,100 | 5,444,674 |
Petronas Dagangan Bhd. | 354,300 | 1,705,239 |
Petronas Gas Bhd. | 975,036 | 3,686,049 |
PPB Group Bhd. | 865,877 | 2,842,770 |
Press Metal Aluminium Holdings Bhd. | 4,432,164 | 4,370,989 |
Public Bank Bhd. | 17,361,070 | 16,097,083 |
QL Resources Bhd. | 1,466,650 | 1,795,646 |
RHB Bank Bhd. | 2,346,162 | 2,768,624 |
Sime Darby Bhd. | 4,713,100 | 2,691,497 |
Sime Darby Plantation Bhd. | 4,780,908 | 4,362,308 |
Telekom Malaysia Bhd. | 1,528,334 | 1,948,461 |
Tenaga Nasional Bhd. | 4,593,274 | 10,898,802 |
Top Glove Corp. Bhd. * | 6,982,400 | 1,184,455 |
YTL Corp. Bhd. | 5,753,436 | 3,237,103 |
148,790,298 | ||
Mexico 3.2% | ||
Alfa SAB de CV, A Shares | 4,592,226 | 3,419,986 |
Alpek SAB de CV | 530,048 | 340,704 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Alsea SAB de CV * | 597,464 | 2,286,723 |
America Movil SAB de CV, Series B | 28,651,377 | 26,793,776 |
Arca Continental SAB de CV | 549,734 | 5,914,315 |
Banco del Bajio SA | 878,589 | 3,265,397 |
Becle SAB de CV | 726,317 | 1,695,513 |
Cemex SAB de CV, Series CPO * | 18,711,957 | 14,286,280 |
Coca-Cola Femsa SAB de CV | 669,097 | 6,522,191 |
Concentradora Fibra Danhos SA de CV | 367,142 | 441,220 |
Corp. Inmobiliaria Vesta SAB de CV | 986,703 | 3,454,458 |
El Puerto de Liverpool SAB de CV, Series C1 | 264,068 | 1,929,314 |
Fibra Uno Administracion SA de CV | 3,605,684 | 6,507,196 |
Fomento Economico Mexicano SAB de CV | 2,254,619 | 28,116,519 |
GCC SAB de CV | 208,045 | 2,193,759 |
Gruma SAB de CV, B Shares | 241,828 | 4,300,944 |
Grupo Aeroportuario del Centro Norte SAB de CV | 343,328 | 2,971,895 |
Grupo Aeroportuario del Pacifico SAB de CV, B Shares | 483,841 | 7,134,929 |
Grupo Aeroportuario del Sureste SAB de CV, B Shares | 250,619 | 7,343,747 |
Grupo Bimbo SAB de CV, Series A | 2,793,056 | 11,668,760 |
Grupo Carso SAB de CV, Series A1 | 577,241 | 4,987,546 |
Grupo Comercial Chedraui SA de CV | 610,673 | 4,683,144 |
Grupo Elektra SAB de CV | 77,668 | 5,409,750 |
Grupo Financiero Banorte SAB de CV, O Shares | 3,592,465 | 37,093,967 |
Grupo Financiero Inbursa SAB de CV, O Shares * | 2,606,134 | 7,896,358 |
Grupo Mexico SAB de CV, Series B | 3,959,248 | 19,194,807 |
Grupo Televisa SAB, Series CPO | 2,998,435 | 1,790,294 |
Industrias Penoles SAB de CV * | 164,162 | 2,054,418 |
Kimberly-Clark de Mexico SAB de CV, A Shares | 1,032,408 | 2,291,484 |
Megacable Holdings SAB de CV, Series CPO | 481,631 | 1,239,459 |
Ollamani SAB * | 149,922 | 252,732 |
Operadora De Sites Mexicanos SAB de CV | 1,704,832 | 1,978,890 |
Orbia Advance Corp. SAB de CV | 1,317,971 | 2,434,152 |
Prologis Property Mexico SA de CV | 748,190 | 3,358,558 |
Promotora y Operadora de Infraestructura SAB de CV | 291,254 | 3,023,041 |
Qualitas Controladora SAB de CV | 213,822 | 2,398,630 |
Regional SAB de CV | 301,491 | 2,809,370 |
Sitios Latinoamerica SAB de CV * | 2,273,678 | 802,012 |
Wal-Mart de Mexico SAB de CV | 6,487,687 | 25,944,666 |
270,230,904 | ||
Philippines 0.8% | ||
ACEN Corp. | 11,648,382 | 861,999 |
Alliance Global Group, Inc. | 4,969,487 | 912,303 |
Ayala Corp. | 405,158 | 4,886,545 |
Ayala Land, Inc. | 9,454,774 | 5,886,633 |
Bank of the Philippine Islands | 2,393,592 | 5,326,663 |
BDO Unibank, Inc. | 2,941,965 | 8,007,127 |
Bloomberry Resorts Corp. * | 4,449,213 | 888,022 |
Converge Information & Communications Technology Solutions, Inc. * | 3,128,687 | 500,902 |
DMCI Holdings, Inc. | 5,528,767 | 1,077,920 |
Emperador, Inc. | 4,231,011 | 1,470,674 |
Globe Telecom, Inc. | 41,984 | 1,284,577 |
GT Capital Holdings, Inc. | 127,412 | 1,593,358 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
International Container Terminal Services, Inc. | 1,348,856 | 6,934,437 |
JG Summit Holdings, Inc. | 3,839,748 | 2,800,492 |
Jollibee Foods Corp. | 535,567 | 2,608,525 |
LT Group, Inc. | 4,191,280 | 708,301 |
Manila Electric Co. | 351,035 | 2,435,358 |
Megaworld Corp. | 14,547,716 | 499,459 |
Metropolitan Bank & Trust Co. | 2,420,670 | 2,669,778 |
Monde Nissin Corp. | 9,475,593 | 1,685,599 |
PLDT, Inc. | 121,711 | 2,842,774 |
Puregold Price Club, Inc. | 378,189 | 185,008 |
San Miguel Corp. | 488,318 | 886,903 |
Semirara Mining & Power Corp. | 1,632,548 | 938,029 |
SM Prime Holdings, Inc. | 13,509,688 | 7,594,168 |
Universal Robina Corp. | 1,169,034 | 2,433,105 |
67,918,659 | ||
Qatar 1.0% | ||
Barwa Real Estate Co. | 2,607,018 | 2,191,012 |
Commercial Bank PSQC | 4,388,604 | 6,094,145 |
Dukhan Bank | 2,230,060 | 2,547,940 |
Ezdan Holding Group QSC * | 2,071,035 | 491,451 |
Industries Qatar QSC | 1,999,767 | 7,085,140 |
Masraf Al Rayan QSC | 7,690,933 | 5,344,153 |
Mesaieed Petrochemical Holding Co. | 5,777,484 | 2,999,024 |
Ooredoo QPSC | 1,111,921 | 3,472,272 |
Qatar Aluminum Manufacturing Co. | 2,705,820 | 944,547 |
Qatar Electricity & Water Co. QSC | 654,837 | 3,113,218 |
Qatar Fuel QSC | 793,388 | 3,259,842 |
Qatar Gas Transport Co. Ltd. | 3,656,732 | 4,017,283 |
Qatar International Islamic Bank QSC | 1,568,156 | 4,914,216 |
Qatar Islamic Bank SAQ | 2,296,544 | 12,709,520 |
Qatar National Bank QPSC | 5,604,049 | 23,441,271 |
Qatar Navigation QSC | 1,007,055 | 3,042,462 |
Vodafone Qatar QSC | 1,935,053 | 919,429 |
86,586,925 | ||
Russia 0.0% | ||
Gazprom PJSC *(b)(c) | 127,160 | 0 |
Sberbank of Russia PJSC *(b)(c) | 107,550 | 0 |
0 | ||
Saudi Arabia 4.9% | ||
Abdullah Al Othaim Markets Co. | 580,958 | 2,066,496 |
ACWA Power Co. | 169,062 | 11,901,013 |
Advanced Petrochemical Co. | 150,701 | 1,537,027 |
Al Rajhi Bank | 2,440,611 | 57,919,201 |
Alinma Bank | 1,234,993 | 14,472,960 |
Almarai Co. JSC | 302,739 | 4,746,568 |
Arab National Bank | 825,386 | 6,129,376 |
Arabian Centres Co. Ltd. | 209,986 | 1,188,146 |
Arabian Drilling Co. | 34,417 | 1,613,340 |
Arabian Internet & Communications Services Co. | 30,613 | 2,994,120 |
Bank AlBilad | 621,274 | 8,183,595 |
Bank Al-Jazira * | 488,016 | 2,532,275 |
Banque Saudi Fransi | 747,716 | 7,596,187 |
BinDawood Holding Co. | 404,090 | 769,326 |
Bupa Arabia for Cooperative Insurance Co. | 93,829 | 5,744,377 |
Catrion Catering Holding Co. | 53,103 | 1,891,732 |
Co. for Cooperative Insurance | 93,485 | 4,038,229 |
Dallah Healthcare Co. | 49,292 | 2,465,717 |
Dar Al Arkan Real Estate Development Co. * | 665,329 | 2,476,600 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Dr Sulaiman Al Habib Medical Services Group Co. | 103,785 | 9,115,745 |
Elm Co. | 32,223 | 9,081,863 |
Emaar Economic City * | 493,743 | 1,072,982 |
Etihad Etisalat Co. | 468,943 | 6,914,793 |
Jarir Marketing Co. | 719,976 | 2,991,021 |
Mobile Telecommunications Co. Saudi Arabia | 522,443 | 2,075,674 |
Mouwasat Medical Services Co. | 118,804 | 3,909,131 |
Nahdi Medical Co. | 47,036 | 1,780,954 |
National Industrialization Co., Class C * | 376,170 | 1,322,006 |
Power & Water Utility Co. for Jubail & Yanbu | 90,050 | 1,822,466 |
Qassim Cement Co. | 57,665 | 914,878 |
Rabigh Refining & Petrochemical Co. * | 585,497 | 1,291,113 |
Riyad Bank | 1,859,843 | 15,423,064 |
SABIC Agri-Nutrients Co. | 294,429 | 9,829,217 |
Sahara International Petrochemical Co. | 430,228 | 3,516,116 |
Saudi Arabian Mining Co. * | 1,523,609 | 20,211,596 |
Saudi Arabian Oil Co. | 3,907,222 | 33,026,408 |
Saudi Aramco Base Oil Co. | 54,960 | 2,462,011 |
Saudi Awwal Bank | 1,205,322 | 13,257,481 |
Saudi Basic Industries Corp. | 1,129,315 | 23,728,774 |
Saudi Cement Co. | 100,833 | 1,255,607 |
Saudi Electricity Co. | 962,466 | 5,132,741 |
Saudi Industrial Investment Group | 449,540 | 2,481,262 |
Saudi Investment Bank | 652,789 | 2,816,342 |
Saudi Kayan Petrochemical Co. * | 923,925 | 2,377,377 |
Saudi National Bank | 3,623,483 | 40,917,928 |
Saudi Research & Media Group * | 40,722 | 2,682,008 |
Saudi Tadawul Group Holding Co. | 60,066 | 3,875,949 |
Saudi Telecom Co. | 2,243,718 | 25,396,856 |
Saudia Dairy & Foodstuff Co. | 20,924 | 2,122,361 |
Savola Group | 337,493 | 4,769,519 |
Seera Group Holding * | 201,281 | 1,792,599 |
Southern Province Cement Co. | 104,356 | 1,111,650 |
United Electronics Co. | 46,936 | 1,195,208 |
Yamama Cement Co. | 130,437 | 1,253,834 |
Yanbu Cement Co. | 99,774 | 838,035 |
Yanbu National Petrochemical Co. | 329,359 | 3,288,935 |
407,321,789 | ||
South Africa 3.1% | ||
Absa Group Ltd. | 969,829 | 8,268,729 |
African Rainbow Minerals Ltd. | 142,756 | 1,256,424 |
Anglo American Platinum Ltd. | 70,414 | 2,704,830 |
Anglogold Ashanti PLC | 536,280 | 10,092,002 |
Aspen Pharmacare Holdings Ltd. | 468,529 | 4,786,707 |
Bid Corp. Ltd. | 421,368 | 9,855,624 |
Bidvest Group Ltd. | 425,319 | 5,180,428 |
Capitec Bank Holdings Ltd. | 107,179 | 11,273,217 |
Clicks Group Ltd. | 306,704 | 4,797,748 |
Discovery Ltd. | 661,512 | 4,686,231 |
Exxaro Resources Ltd. | 324,853 | 3,009,468 |
FirstRand Ltd. | 6,164,233 | 20,815,483 |
Foschini Group Ltd. | 389,716 | 2,124,939 |
Gold Fields Ltd. | 1,119,108 | 14,689,067 |
Growthpoint Properties Ltd. | 3,978,286 | 2,428,395 |
Harmony Gold Mining Co. Ltd. | 682,451 | 4,003,191 |
Impala Platinum Holdings Ltd. | 989,780 | 3,342,305 |
Investec Ltd. | 364,609 | 2,292,520 |
Kumba Iron Ore Ltd. | 70,831 | 1,982,548 |
Life Healthcare Group Holdings Ltd. | 1,808,552 | 1,654,530 |
Mr Price Group Ltd. | 319,961 | 2,845,395 |
MTN Group Ltd. | 2,262,099 | 9,846,108 |
MultiChoice Group * | 398,413 | 2,168,413 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Naspers Ltd., N Shares | 230,761 | 37,953,125 |
Nedbank Group Ltd. | 577,889 | 6,602,853 |
NEPI Rockcastle NV | 679,037 | 4,844,007 |
Northam Platinum Holdings Ltd. | 467,568 | 2,673,245 |
Old Mutual Ltd. | 5,988,390 | 3,727,185 |
OUTsurance Group Ltd. | 1,111,996 | 2,413,684 |
Pepkor Holdings Ltd. | 2,764,082 | 2,690,059 |
Reinet Investments SCA | 168,935 | 4,262,529 |
Remgro Ltd. | 606,711 | 4,600,361 |
Sanlam Ltd. | 2,186,252 | 8,382,033 |
Santam Ltd. | 56,660 | 894,037 |
Sasol Ltd. | 715,835 | 5,400,550 |
Shoprite Holdings Ltd. | 601,062 | 8,090,505 |
Sibanye Stillwater Ltd. | 3,466,213 | 3,590,208 |
Standard Bank Group Ltd. | 1,639,480 | 17,247,924 |
Tiger Brands Ltd. | 199,150 | 2,071,046 |
Vodacom Group Ltd. | 751,554 | 3,683,383 |
Woolworths Holdings Ltd. | 1,146,161 | 3,833,930 |
257,064,966 | ||
Taiwan 18.2% | ||
Accton Technology Corp. | 674,000 | 11,066,483 |
Acer, Inc. | 3,370,086 | 4,813,723 |
Advanced Energy Solution Holding Co. Ltd. | 31,000 | 699,252 |
Advantech Co. Ltd. | 595,911 | 7,352,387 |
Airtac International Group | 172,920 | 6,619,314 |
Alchip Technologies Ltd. | 89,000 | 11,656,622 |
ASE Technology Holding Co. Ltd. | 4,359,120 | 19,168,847 |
Asia Cement Corp. | 2,931,061 | 3,750,816 |
ASMedia Technology, Inc. | 48,445 | 3,609,294 |
ASPEED Technology, Inc. | 37,800 | 3,270,631 |
Asustek Computer, Inc. | 891,621 | 12,834,355 |
AUO Corp. * | 8,681,224 | 4,806,195 |
Capital Securities Corp. | 2,783,644 | 1,475,064 |
Catcher Technology Co. Ltd. | 765,224 | 4,769,108 |
Cathay Financial Holding Co. Ltd. * | 11,541,905 | 16,449,574 |
Chailease Holding Co. Ltd. | 1,771,879 | 9,781,644 |
Chang Hwa Commercial Bank Ltd. | 9,110,022 | 5,130,052 |
Cheng Shin Rubber Industry Co. Ltd. | 2,319,277 | 3,444,852 |
Chicony Electronics Co. Ltd. | 810,984 | 4,810,563 |
China Airlines Ltd. | 3,504,872 | 2,217,607 |
China Development Financial Holding Corp. * | 19,886,308 | 7,895,511 |
China Motor Corp. | 314,600 | 1,249,064 |
China Steel Corp. | 15,631,956 | 12,165,524 |
Chunghwa Telecom Co. Ltd. | 4,796,310 | 18,284,230 |
Compal Electronics, Inc. | 5,196,535 | 6,000,523 |
CTBC Financial Holding Co. Ltd. | 22,932,792 | 21,329,793 |
Delta Electronics, Inc. | 2,687,148 | 25,035,672 |
E Ink Holdings, Inc. | 968,000 | 7,533,431 |
E.Sun Financial Holding Co. Ltd. | 18,812,674 | 15,027,761 |
Eclat Textile Co. Ltd. | 227,510 | 3,886,661 |
eMemory Technology, Inc. | 86,000 | 7,373,100 |
Ennostar, Inc. * | 998,914 | 1,355,713 |
Eternal Materials Co. Ltd. | 1,308,352 | 1,330,724 |
Eva Airways Corp. | 3,360,374 | 3,343,418 |
Evergreen Marine Corp. Taiwan Ltd. | 1,274,088 | 6,670,829 |
Far Eastern International Bank | 3,055,873 | 1,193,946 |
Far Eastern New Century Corp. | 3,874,799 | 3,996,218 |
Far EasTone Telecommunications Co. Ltd. | 2,058,509 | 5,125,189 |
Feng TAY Enterprise Co. Ltd. | 629,694 | 3,296,931 |
First Financial Holding Co. Ltd. | 13,692,454 | 11,739,050 |
Formosa Chemicals & Fibre Corp. | 4,308,008 | 7,795,696 |
Formosa Petrochemical Corp. | 1,836,660 | 4,317,178 |
Formosa Plastics Corp. | 4,628,560 | 10,498,988 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Formosa Sumco Technology Corp. | 32,000 | 158,433 |
Formosa Taffeta Co. Ltd. | 1,394,132 | 1,040,874 |
Foxconn Technology Co. Ltd. | 1,449,355 | 2,278,838 |
Fubon Financial Holding Co. Ltd. | 9,508,712 | 20,455,636 |
Genius Electronic Optical Co. Ltd. | 109,000 | 1,460,368 |
Giant Manufacturing Co. Ltd. | 382,096 | 2,465,954 |
Gigabyte Technology Co. Ltd. | 615,000 | 6,712,381 |
Global Unichip Corp. | 109,000 | 5,482,845 |
Globalwafers Co. Ltd. | 263,451 | 4,650,680 |
Hiwin Technologies Corp. | 379,445 | 2,880,995 |
Hon Hai Precision Industry Co. Ltd. | 14,923,092 | 48,627,105 |
Hotai Motor Co. Ltd. | 403,600 | 8,567,538 |
HTC Corp. * | 989,778 | 1,526,493 |
Hua Nan Financial Holdings Co. Ltd., Class C | 12,984,415 | 9,037,066 |
Innolux Corp. * | 9,707,661 | 4,652,749 |
Inventec Corp. | 3,202,043 | 5,571,501 |
Largan Precision Co. Ltd. | 128,456 | 10,525,350 |
Lite-On Technology Corp., ADR | 2,701,866 | 9,359,665 |
MediaTek, Inc. | 1,859,713 | 67,070,748 |
Mega Financial Holding Co. Ltd. | 14,624,270 | 17,904,720 |
Micro-Star International Co. Ltd. | 876,095 | 5,293,793 |
momo.com, Inc. | 87,188 | 1,226,058 |
Nan Ya Plastics Corp. | 7,153,816 | 13,511,217 |
Nan Ya Printed Circuit Board Corp. | 258,000 | 1,726,285 |
Nanya Technology Corp. | 1,172,000 | 2,495,313 |
Nien Made Enterprise Co. Ltd. | 184,752 | 2,159,663 |
Novatek Microelectronics Corp. | 720,608 | 13,701,115 |
Oneness Biotech Co. Ltd. | 432,478 | 2,414,855 |
Parade Technologies Ltd. | 88,100 | 2,828,944 |
Pegatron Corp. | 2,546,657 | 6,888,409 |
PharmaEssentia Corp. * | 297,000 | 3,086,556 |
Pou Chen Corp. | 3,226,792 | 3,113,531 |
Powerchip Semiconductor Manufacturing Corp. | 3,680,000 | 3,213,211 |
Powertech Technology, Inc. | 857,000 | 4,229,488 |
President Chain Store Corp. | 709,400 | 6,048,286 |
Quanta Computer, Inc. | 3,329,057 | 24,433,832 |
Realtek Semiconductor Corp. | 598,336 | 10,770,597 |
Ruentex Development Co. Ltd. | 2,066,350 | 2,376,242 |
Shanghai Commercial & Savings Bank Ltd. | 4,776,151 | 6,799,437 |
Shin Kong Financial Holding Co. Ltd. * | 16,604,672 | 4,354,790 |
Silergy Corp. | 411,000 | 5,422,009 |
Sino-American Silicon Products, Inc. | 657,000 | 3,855,597 |
SinoPac Financial Holdings Co. Ltd. | 14,592,325 | 9,279,037 |
Synnex Technology International Corp. | 1,773,956 | 4,366,212 |
Taishin Financial Holding Co. Ltd. | 14,955,726 | 8,232,640 |
Taiwan Business Bank | 7,277,954 | 3,223,441 |
Taiwan Cement Corp. | 7,588,872 | 7,706,632 |
Taiwan Cooperative Financial Holding Co. Ltd. | 13,440,408 | 11,033,980 |
Taiwan Fertilizer Co. Ltd. | 816,508 | 1,720,351 |
Taiwan Glass Industry Corp. * | 1,631,311 | 941,851 |
Taiwan High Speed Rail Corp. | 2,652,000 | 2,533,745 |
Taiwan Mobile Co. Ltd. | 2,148,524 | 6,729,112 |
Taiwan Secom Co. Ltd. | 387,000 | 1,450,814 |
Taiwan Semiconductor Manufacturing Co. Ltd. | 30,118,500 | 657,453,139 |
Tatung Co. Ltd. * | 2,778,000 | 4,561,230 |
Teco Electric & Machinery Co. Ltd. | 1,515,000 | 2,358,089 |
Transcend Information, Inc. | 446,000 | 1,128,775 |
U-Ming Marine Transport Corp. | 572,000 | 1,006,128 |
Unimicron Technology Corp. | 1,635,348 | 9,286,606 |
Uni-President Enterprises Corp. | 5,842,676 | 14,177,170 |
United Microelectronics Corp. | 14,726,850 | 22,759,190 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Vanguard International Semiconductor Corp. | 1,099,000 | 2,510,252 |
Voltronic Power Technology Corp. | 85,000 | 4,315,949 |
Walsin Lihwa Corp. | 3,276,814 | 3,835,623 |
Walsin Technology Corp. | 380,000 | 1,346,431 |
Wan Hai Lines Ltd. | 1,157,910 | 1,846,238 |
Win Semiconductors Corp. | 500,000 | 2,404,340 |
Winbond Electronics Corp. | 3,716,879 | 3,286,568 |
Wistron Corp. | 3,592,080 | 13,125,334 |
Wiwynn Corp. | 109,000 | 8,034,610 |
Yageo Corp. | 491,167 | 8,670,532 |
Yang Ming Marine Transport Corp. | 2,189,000 | 3,452,179 |
Yuanta Financial Holding Co. Ltd. | 15,053,473 | 13,072,584 |
Yulon Motor Co. Ltd. | 722,408 | 1,615,788 |
Yulon Nissan Motor Co. Ltd. | 26,000 | 138,598 |
Zhen Ding Technology Holding Ltd. | 775,000 | 2,464,054 |
1,524,617,922 | ||
Thailand 2.1% | ||
Advanced Info Service PCL NVDR | 1,371,700 | 7,687,486 |
Airports of Thailand PCL NVDR | 5,424,800 | 9,604,762 |
Asset World Corp. PCL NVDR | 9,539,800 | 1,026,729 |
B Grimm Power PCL NVDR | 968,000 | 694,995 |
Bangkok Bank PCL NVDR | 841,000 | 3,353,213 |
Bangkok Dusit Medical Services PCL NVDR | 14,140,000 | 11,236,303 |
Bangkok Expressway & Metro PCL NVDR | 10,526,190 | 2,362,633 |
Bangkok Life Assurance PCL NVDR | 720,100 | 359,397 |
Banpu PCL NVDR | 10,648,833 | 1,662,720 |
Berli Jucker PCL NVDR | 1,388,350 | 936,793 |
BTS Group Holdings PCL NVDR | 10,338,200 | 1,484,504 |
Bumrungrad Hospital PCL NVDR | 695,900 | 4,346,343 |
Carabao Group PCL NVDR | 446,100 | 864,463 |
Central Pattana PCL NVDR | 3,676,300 | 6,637,123 |
Central Retail Corp. PCL NVDR | 3,522,200 | 3,412,699 |
Charoen Pokphand Foods PCL NVDR | 5,706,800 | 3,007,348 |
CP ALL PCL NVDR | 7,432,500 | 11,916,039 |
CP Axtra PCL NVDR | 2,098,103 | 1,945,126 |
Delta Electronics Thailand PCL NVDR | 3,492,310 | 6,937,881 |
Digital Telecommunications Infrastructure Fund, Class F | 7,409,600 | 1,652,776 |
Electricity Generating PCL NVDR | 342,600 | 1,122,417 |
Energy Absolute PCL NVDR | 2,214,551 | 2,176,577 |
Global Power Synergy PCL NVDR | 921,368 | 1,310,185 |
Gulf Energy Development PCL NVDR | 3,813,759 | 4,572,470 |
Home Product Center PCL NVDR | 7,518,719 | 2,347,962 |
Indorama Ventures PCL NVDR | 2,385,700 | 1,549,890 |
Intouch Holdings PCL NVDR | 1,087,709 | 2,054,713 |
IRPC PCL NVDR | 15,365,800 | 835,447 |
Kasikornbank PCL NVDR | 2,152,069 | 7,380,580 |
Krung Thai Bank PCL NVDR | 7,637,200 | 3,428,382 |
Krungthai Card PCL NVDR | 1,517,400 | 1,808,695 |
Land & Houses PCL NVDR | 10,915,300 | 2,313,015 |
Minor International PCL NVDR | 4,863,380 | 4,305,376 |
Muangthai Capital PCL NVDR | 932,515 | 1,189,532 |
Osotspa PCL NVDR | 1,808,963 | 1,023,894 |
PTT Exploration & Production PCL NVDR | 1,683,804 | 7,089,207 |
PTT Global Chemical PCL NVDR | 2,466,314 | 2,613,131 |
PTT Oil & Retail Business PCL NVDR | 3,245,000 | 1,637,655 |
PTT PCL NVDR | 18,116,200 | 17,300,428 |
Ratch Group PCL NVDR | 1,560,050 | 1,261,437 |
SCB X PCL NVDR | 2,116,000 | 6,637,390 |
SCG Packaging PCL NVDR | 1,608,100 | 1,255,452 |
Siam Cement PCL NVDR | 870,200 | 6,526,803 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Siam City Cement PCL NVDR | 106,100 | 402,331 |
Srisawad Corp. PCL NVDR | 810,500 | 858,748 |
Thai Life Insurance PCL NVDR | 3,350,000 | 840,652 |
Thai Oil PCL NVDR | 1,387,926 | 2,167,123 |
Thai Union Group PCL NVDR | 3,657,800 | 1,468,627 |
TMBThanachart Bank PCL NVDR | 53,775,518 | 2,758,872 |
True Corp. PCL NVDR * | 13,903,670 | 2,733,051 |
174,099,375 | ||
Turkey 1.3% | ||
AG Anadolu Grubu Holding AS | 138,024 | 1,129,578 |
Ahlatci Dogal Gaz Dagitim Enerji VE Yatirim AS * | 1,208,402 | 518,665 |
Akbank TAS | 3,806,542 | 5,069,740 |
Akcansa Cimento AS | 77,204 | 388,249 |
Aksa Akrilik Kimya Sanayii AS | 155,107 | 528,620 |
Aksa Enerji Uretim AS | 278,989 | 336,541 |
Alarko Holding AS | 176,146 | 748,147 |
Alfa Solar Enerji Sanayi VE Ticaret AS | 134,752 | 457,090 |
Anadolu Efes Biracilik Ve Malt Sanayii AS | 265,693 | 1,325,071 |
Anadolu Isuzu Otomotiv Sanayi Ve Ticaret AS, Class C | 60,396 | 140,932 |
Arcelik AS | 229,509 | 1,242,387 |
Aselsan Elektronik Sanayi Ve Ticaret AS | 1,390,056 | 2,671,494 |
Astor Transformator Enerji Turizm Insaat Ve Petrol Sanayi Ticaret AS | 296,634 | 1,152,530 |
Aygaz AS | 71,715 | 352,605 |
Bera Holding AS | 946,174 | 612,806 |
BIM Birlesik Magazalar AS | 551,678 | 6,860,689 |
Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret AS * | 46,388 | 1,059,414 |
Borusan Yatirim ve Pazarlama AS | 6,670 | 923,488 |
Can2 Termik AS * | 249,942 | 144,667 |
Cimsa Cimento Sanayi VE Ticaret AS | 505,749 | 566,988 |
Coca-Cola Icecek AS | 90,886 | 1,883,527 |
CW Enerji Muhendislik Ticaret VE Sanayi AS * | 25,927 | 256,822 |
Dogan Sirketler Grubu Holding AS | 1,341,552 | 582,261 |
Dogus Otomotiv Servis ve Ticaret AS | 80,774 | 691,449 |
EGE Endustri VE Ticaret AS | 1,579 | 878,269 |
EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS | 224,752 | 386,588 |
Emlak Konut Gayrimenkul Yatirim Ortakligi AS | 2,463,513 | 875,888 |
Enerjisa Enerji AS | 278,427 | 556,502 |
Enka Insaat ve Sanayi AS | 2,172,505 | 2,630,408 |
Eregli Demir ve Celik Fabrikalari TAS * | 2,002,847 | 2,920,254 |
Europen Endustri Insaat Sanayi VE Ticaret AS * | 319,637 | 199,032 |
Europower Enerji VE Otomasyon Teknolojileri Sanayi Ticaret AS * | 57,251 | 319,266 |
Ford Otomotiv Sanayi AS | 82,497 | 2,687,384 |
GEN Ilac VE Saglik Urunleri Sanayi VE Ticaret AS | 141,095 | 324,946 |
Girisim Elektrik Taahhut Ticaret Ve Sanayi AS * | 163,272 | 405,307 |
Gubre Fabrikalari TAS * | 108,811 | 699,156 |
Haci Omer Sabanci Holding AS | 1,583,412 | 4,032,103 |
Hektas Ticaret TAS * | 1,248,519 | 763,834 |
Investco Holding AS * | 53,891 | 652,497 |
Is Gayrimenkul Yatirim Ortakligi AS * | 593,094 | 328,845 |
Is Yatirim Menkul Degerler AS, Class A | 691,169 | 823,122 |
Iskenderun Demir ve Celik AS * | 177,348 | 230,861 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Kaleseramik Canakkale Kalebodur Seramik Sanayi AS * | 93,482 | 236,551 |
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class D | 1,351,597 | 1,162,850 |
Karsan Otomotiv Sanayii Ve Ticaret AS * | 488,453 | 156,456 |
Kayseri Seker Fabrikasi AS | 230,250 | 263,292 |
Kiler Holding AS * | 423,480 | 840,998 |
Kimteks Poliuretan Sanayi VE Ticaret AS | 78,484 | 168,433 |
KOC Holding AS | 1,022,365 | 5,508,109 |
Kontrolmatik Enerji Ve Muhendislik AS | 114,271 | 1,050,482 |
Konya Cimento Sanayii AS * | 1,163 | 368,889 |
Kordsa Teknik Tekstil AS | 70,525 | 216,976 |
Koza Altin Isletmeleri AS | 1,288,296 | 944,978 |
Koza Anadolu Metal Madencilik Isletmeleri AS * | 251,189 | 410,740 |
Margun Enerji Uretim Sanayi VE Ticaret AS | 452,377 | 227,494 |
Mavi Giyim Sanayi Ve Ticaret AS, Class B | 163,713 | 744,108 |
Migros Ticaret AS | 124,687 | 1,969,967 |
MLP Saglik Hizmetleri AS * | 114,786 | 628,718 |
Nuh Cimento Sanayi AS | 75,062 | 791,018 |
ODAS Elektrik Uretim ve Sanayi Ticaret AS * | 1,618,473 | 523,079 |
Otokar Otomotiv Ve Savunma Sanayi AS * | 48,226 | 781,632 |
Oyak Cimento Fabrikalari AS * | 394,457 | 896,443 |
Oyak Yatirim Menkul Degerler AS * | 152,682 | 226,531 |
Pegasus Hava Tasimaciligi AS * | 55,345 | 1,520,138 |
Penta Teknoloji Urunleri Dagitim Ticaret AS * | 273,600 | 181,759 |
Petkim Petrokimya Holding AS * | 1,700,937 | 1,318,482 |
Qua Granite Hayal * | 1,044,424 | 144,521 |
Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS | 486,741 | 529,464 |
Sasa Polyester Sanayi AS * | 1,614,845 | 2,046,245 |
Selcuk Ecza Deposu Ticaret ve Sanayi AS | 198,828 | 383,075 |
Smart Gunes Enerjisi Teknolojileri ArGE Uretim Sanayi ve Ticaret AS * | 206,805 | 430,902 |
Sok Marketler Ticaret AS | 347,326 | 745,389 |
TAV Havalimanlari Holding AS * | 221,574 | 1,238,468 |
Tekfen Holding AS | 234,265 | 352,526 |
Tofas Turk Otomobil Fabrikasi AS | 166,095 | 1,423,151 |
Turk Hava Yollari AO * | 693,987 | 6,263,049 |
Turk Telekomunikasyon AS * | 684,005 | 703,291 |
Turk Traktor ve Ziraat Makineleri AS | 34,414 | 959,014 |
Turkcell Iletisim Hizmetleri AS | 1,446,265 | 3,101,480 |
Turkiye Garanti Bankasi AS | 765,918 | 1,548,040 |
Turkiye Halk Bankasi AS * | 831,880 | 385,833 |
Turkiye Is Bankasi AS, Class C | 9,649,278 | 3,430,745 |
Turkiye Petrol Rafinerileri AS | 1,088,903 | 5,643,367 |
Turkiye Sinai Kalkinma Bankasi AS * | 1,673,575 | 443,860 |
Turkiye Sise ve Cam Fabrikalari AS | 1,856,195 | 3,041,164 |
Turkiye Vakiflar Bankasi TAO, Class D * | 641,122 | 292,224 |
Ulker Biskuvi Sanayi AS * | 230,978 | 785,716 |
Vestel Beyaz Esya Sanayi ve Ticaret AS | 501,535 | 350,852 |
Vestel Elektronik Sanayi ve Ticaret AS * | 187,927 | 499,919 |
Yapi ve Kredi Bankasi AS | 4,000,675 | 2,960,164 |
Yayla Agro Gida Sanayi VE Nakliyat AS | 206,383 | 100,746 |
Ziraat Gayrimenkul Yatirim Ortakligi AS | 1,212,367 | 269,892 |
Zorlu Enerji Elektrik Uretim AS * | 1,181,882 | 213,513 |
108,782,755 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
United Arab Emirates 1.8% | ||
Abu Dhabi Commercial Bank PJSC | 3,704,477 | 8,643,679 |
Abu Dhabi Islamic Bank PJSC | 1,822,178 | 5,576,324 |
Abu Dhabi National Oil Co. for Distribution PJSC | 3,502,570 | 3,337,688 |
Abu Dhabi Ports Co. PJSC * | 1,058,039 | 1,667,904 |
ADNOC Drilling Co. PJSC | 2,049,915 | 2,053,878 |
ADNOC Logistics & Services | 1,920,122 | 2,054,529 |
Air Arabia PJSC | 3,117,609 | 2,427,608 |
AL Seer Marine Supplies & Equipment Co. LLC * | 336,082 | 574,640 |
Aldar Properties PJSC | 4,531,284 | 6,822,402 |
Alpha Dhabi Holding PJSC * | 1,723,486 | 7,564,212 |
Americana Restaurants International PLC | 3,639,188 | 3,398,518 |
Apex Investment Co. PSC * | 695,255 | 357,764 |
Borouge PLC | 3,409,489 | 2,209,313 |
Dana Gas PJSC | 5,644,962 | 971,335 |
Dubai Electricity & Water Authority PJSC | 10,945,448 | 7,181,935 |
Dubai Financial Market PJSC | 2,177,405 | 782,536 |
Dubai Investments PJSC | 2,729,287 | 1,738,825 |
Dubai Islamic Bank PJSC | 3,636,921 | 6,376,915 |
Emaar Development PJSC | 1,133,054 | 2,440,158 |
Emaar Properties PJSC | 8,376,264 | 18,518,137 |
Emirates Central Cooling Systems Corp. | 2,763,500 | 1,233,940 |
Emirates NBD Bank PJSC | 2,245,462 | 11,187,877 |
Emirates Telecommunications Group Co. PJSC | 4,401,113 | 21,688,624 |
Fertiglobe PLC | 1,528,982 | 1,065,696 |
First Abu Dhabi Bank PJSC | 5,530,335 | 20,537,932 |
Ghitha Holding PJSC * | 54,742 | 526,122 |
Multiply Group PJSC * | 5,864,204 | 3,624,314 |
National Marine Dredging Co. * | 271,406 | 2,076,427 |
Pure Health Holding PJSC * | 1,330,759 | 1,391,302 |
Q Holding PJSC * | 2,536,022 | 2,057,596 |
Salik Co. PJSC | 2,450,733 | 2,328,693 |
152,416,823 | ||
Total Common Stocks (Cost $6,598,732,035) | 8,182,770,015 | |
PREFERRED STOCKS 2.0% OF NET ASSETS | ||
Brazil 1.8% | ||
Alpargatas SA * | 301,809 | 617,753 |
Banco Bradesco SA | 6,425,861 | 17,782,615 |
Bradespar SA | 356,106 | 1,519,416 |
Braskem SA, A Shares * | 253,426 | 1,073,145 |
Centrais Eletricas Brasileiras SA, B Shares | 362,783 | 3,498,120 |
Cia Energetica de Minas Gerais | 1,404,891 | 3,384,530 |
Companhia Paranaense de Energia, B Shares | 1,662,282 | 3,419,143 |
CTEEP-Cia de Transmissao de Energia Eletrica Paulista | 285,941 | 1,484,765 |
Gerdau SA | 1,356,710 | 5,870,662 |
Itau Unibanco Holding SA | 6,045,807 | 41,297,876 |
Itausa SA | 6,243,689 | 12,943,153 |
Metalurgica Gerdau SA | 844,221 | 1,717,785 |
Petroleo Brasileiro SA | 6,971,123 | 56,317,285 |
Unipar Carbocloro SA, B Shares | 63,966 | 851,867 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Usinas Siderurgicas de Minas Gerais SA Usiminas, A Shares | 508,932 | 1,133,885 |
152,912,000 | ||
Chile 0.1% | ||
Embotelladora Andina SA, B Shares | 492,650 | 1,242,050 |
Sociedad Quimica y Minera de Chile SA, B Shares | 169,384 | 8,407,762 |
9,649,812 | ||
Colombia 0.1% | ||
Bancolombia SA | 439,592 | 3,591,430 |
Grupo Aval Acciones y Valores SA | 5,854,787 | 717,199 |
4,308,629 | ||
Total Preferred Stocks (Cost $140,142,382) | 166,870,441 |
SHORT-TERM INVESTMENTS 1.0% OF NET ASSETS | ||
Money Market Funds 1.0% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (d) | 82,175,775 | 82,175,775 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (d)(e) | 5,750,407 | 5,750,407 |
87,926,182 | ||
Total Short-Term Investments (Cost $87,926,182) | 87,926,182 | |
Total Investments in Securities (Cost $6,826,800,599) | 8,437,566,638 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
MSCI Emerging Markets Index, expires 03/15/24 | 285 | 14,489,400 | 74,945 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $5,410,636. |
(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 |
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 | $8,128,626,898 | $— | $— | $8,128,626,898 |
Greece | 54,143,117 | — | 0 * | 54,143,117 |
Hong Kong | — | — | 0 * | 0 |
Russia | — | — | 0 * | 0 |
Preferred Stocks1 | 166,870,441 | — | — | 166,870,441 |
Short-Term Investments1 | 87,926,182 | — | — | 87,926,182 |
Futures Contracts2 | 74,945 | — | — | 74,945 |
Total | $8,437,641,583 | $— | $0 | $8,437,641,583 |
* | Level 3 amount shown includes securities determined to have no value at February 29, 2024. |
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 $6,826,800,599) including securities on loan of $5,410,636 | $8,437,566,638 | |
Foreign currency, at value (cost $16,048,052) | 15,920,626 | |
Deposit with broker for futures contracts | 2,387,545 | |
Receivables: | ||
Dividends | 10,407,189 | |
Income from securities on loan | 20,494 | |
Variation margin on future contracts | 2,256 | |
Foreign tax reclaims | + | 1,187 |
Total assets | 8,466,305,935 | |
Liabilities | ||
Collateral held for securities on loan | 5,750,407 | |
Payables: | ||
Foreign capital gains tax | 91,437,697 | |
Management fees | + | 716,222 |
Total liabilities | 97,904,326 | |
Net assets | $8,368,401,609 | |
Net Assets by Source | ||
Capital received from investors | $8,812,936,139 | |
Total distributable loss | + | (444,534,530 ) |
Net assets | $8,368,401,609 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$8,368,401,609 | 336,600,000 | $24.86 | ||
For the period September 1, 2023 through February 29, 2024; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $7,892,283) | $63,745,161 | |
Interest received from securities - unaffiliated | 319,036 | |
Securities on loan, net | + | 414,362 |
Total investment income | 64,478,559 | |
Expenses | ||
Management fees | 4,485,405 | |
Professional fees | + | 11,612 1 |
Total expenses | 4,497,017 | |
Expense reduction by investment adviser | – | 11,612 1 |
Net expenses | – | 4,485,405 |
Net investment income | 59,993,154 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated (net of foreign capital gains tax paid of $6,757,301) | (160,657,688 ) | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 10,995,436 | |
Net realized losses on futures contracts | (1,945,588 ) | |
Net realized losses on foreign currency transactions | + | (745,956 ) |
Net realized losses | (152,353,796 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated (net of change in foreign capital gains tax of ($28,596,672)) | 441,888,958 | |
Net change in unrealized appreciation (depreciation) on futures contracts | 652,248 | |
Net change in unrealized appreciation (depreciation) on foreign currency translations | + | (102,695 ) |
Net change in unrealized appreciation (depreciation) | + | 442,438,511 |
Net realized and unrealized gains | 290,084,715 | |
Increase in net assets resulting from operations | $350,077,869 |
1 | Professional fees associated with the filing of foreign withholding tax claims in the European Union are deemed to be non-contingent and non-routine expenses of the fund (see financial notes 2(d) and 4 for additional information). |
OPERATIONS | |||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||
Net investment income | $59,993,154 | $260,649,787 | |
Net realized losses | (152,353,796 ) | (398,452,732 ) | |
Net change in unrealized appreciation (depreciation) | + | 442,438,511 | 198,696,256 |
Increase in net assets resulting from operations | $350,077,869 | $60,893,311 | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($277,724,480 ) | ($256,923,230 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | — | $— | 12,300,000 | $295,692,868 | |
Shares redeemed | + | (7,100,000 ) | (166,966,824 ) | (7,900,000 ) | (194,051,552 ) |
Net transactions in fund shares | (7,100,000 ) | ($166,966,824 ) | 4,400,000 | $101,641,316 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 343,700,000 | $8,463,015,044 | 339,300,000 | $8,557,403,647 | |
Total increase (decrease) | + | (7,100,000 ) | (94,613,435 ) | 4,400,000 | (94,388,603 ) |
End of period | 336,600,000 | $8,368,401,609 | 343,700,000 | $8,463,015,044 |
SCHWAB STRATEGIC TRUST | |
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 | — % | — % | — % | 0.3 % |
Schwab Monthly Income Fund - Flexible Payout | 1.6 % | — % | — % | — % |
Schwab Monthly Income Fund - Income Payout | 0.8 % | — % | — % | — % |
Schwab Monthly Income Fund - Target Payout | 0.9 % | — % | — % | — % |
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 % | — % | 0.3 % |
Schwab Target 2035 Index Fund | — % | 0.4 % | — % | 0.3 % |
Schwab Target 2040 Index Fund | — % | 0.5 % | — % | 0.5 % |
Schwab Target 2045 Index Fund | — % | 0.4 % | — % | 0.4 % |
Schwab Target 2050 Index Fund | — % | 0.5 % | — % | 0.5 % |
Schwab Target 2055 Index Fund | — % | 0.3 % | — % | 0.4 % |
Schwab Target 2060 Index Fund | — % | 0.4 % | — % | 0.5 % |
Schwab Target 2065 Index Fund | — % | 0.1 % | — % | 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 | $18,040,665 | $18,970,696 | ($3,000,961 ) |
Schwab International Equity ETF | 154,468,553 | 147,175,319 | (102,559,192 ) |
Schwab International Small-Cap Equity ETF | 66,404,034 | 73,021,132 | 20,153,670 |
Schwab Emerging Markets Equity ETF | 8,777,311 | 35,741,219 | (19,904,698 ) |
5. Other Service Providers:
7. Borrowing from Banks:
8. Derivatives:
EQUITY CONTRACTS | TOTAL | |
Asset Derivatives | ||
Schwab International Dividend Equity ETF | ||
Futures Contracts1 | $87,127 | $87,127 |
Schwab International Equity ETF | ||
Futures Contracts1 | 4,829,133 | 4,829,133 |
Schwab International Small-Cap Equity ETF | ||
Futures Contracts1 | 596,156 | 596,156 |
Schwab Emerging Markets Equity ETF | ||
Futures Contracts1 | 74,945 | 74,945 |
1 | Includes cumulative unrealized appreciation of futures contracts as reported in each fund’s Portfolio Holdings. Only current day’s variation margin on futures contracts is reported within the Statement of Assets and Liabilities. |
EQUITY CONTRACTS | TOTAL | |
Net Realized Gains (Losses) | ||
Schwab International Dividend Equity ETF | ||
Futures Contracts1 | ($109,871 ) | ($109,871 ) |
Schwab International Equity ETF | ||
Futures Contracts1 | 3,825,872 | 3,825,872 |
Schwab International Small-Cap Equity ETF | ||
Futures Contracts1 | 295,978 | 295,978 |
Schwab Emerging Markets Equity ETF | ||
Futures Contracts1 | (1,945,588 ) | (1,945,588 ) |
1 | Statement of Operations location: Net realized gains (losses) on futures contracts. |
Net Change in Unrealized Appreciation (Depreciation) | ||
Schwab International Dividend Equity ETF | ||
Futures Contracts1 | $237,779 | $237,779 |
Schwab International Equity ETF | ||
Futures Contracts1 | 6,859,836 | 6,859,836 |
Schwab International Small-Cap Equity ETF | ||
Futures Contracts1 | 836,013 | 836,013 |
Schwab Emerging Markets Equity ETF | ||
Futures Contracts1 | 652,248 | 652,248 |
1 | Statement of Operations location: Net change in unrealized appreciation (depreciation) on futures contracts. |
NOTIONAL AMOUNTS | NUMBER OF CONTRACTS | |
Schwab International Dividend Equity ETF | $5,438,687 | 64 |
Schwab International Equity ETF | 172,910,937 | 1,620 |
Schwab International Small-Cap Equity ETF | 17,071,974 | 160 |
Schwab Emerging Markets Equity ETF | 20,485,266 | 418 |
9. Purchases and Sales of Investment Securities:
PURCHASES OF SECURITIES | SALES OF SECURITIES | |
Schwab International Dividend Equity ETF | $131,550,336 | $141,533,866 |
Schwab International Equity ETF | 811,492,607 | 744,083,347 |
Schwab International Small-Cap Equity ETF | 254,056,361 | 259,788,457 |
Schwab Emerging Markets Equity ETF | 265,530,872 | 648,966,231 |
IN-KIND PURCHASES OF SECURITIES | IN-KIND SALES OF SECURITIES | |
Schwab International Dividend Equity ETF | $19,901,599 | $12,630,830 |
Schwab International Equity ETF | 1,060,369,507 | — |
Schwab International Small-Cap Equity ETF | 81,457,910 | — |
Schwab Emerging Markets Equity ETF | — | 25,639,930 |
11. Federal Income Taxes:
TAX COST | GROSS UNREALIZED APPRECIATION | GROSS UNREALIZED DEPRECIATION | NET UNREALIZED APPRECIATION (DEPRECIATION) | |
Schwab International Dividend Equity ETF | $744,747,454 | $65,769,289 | ($32,200,784 ) | $33,568,505 |
Schwab International Equity ETF | 28,920,440,900 | 8,476,741,131 | (2,001,443,672 ) | 6,475,297,459 |
Schwab International Small-Cap Equity ETF | 3,916,450,096 | 704,681,255 | (618,863,300 ) | 85,817,955 |
Schwab Emerging Markets Equity ETF | 7,190,640,485 | 2,293,134,447 | (1,046,133,349 ) | 1,247,001,098 |
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 |
PRIOR FISCAL YEAR END DISTRIBUTIONS | |
ORDINARY INCOME | |
Schwab International Dividend Equity ETF | $22,397,950 |
Schwab International Equity ETF | 892,762,840 |
Schwab International Small-Cap Equity ETF | 78,014,800 |
Schwab Emerging Markets Equity ETF | 256,923,230 |
12. Subsequent Events:
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.; Co-Chairman of the Board (July 2022 – present) and Director (Apr. 2006 – present), Charles Schwab Bank, SSB; Co-Chairman of the Board (July 2022 – present) and Director (Nov. 2017 – present), Charles Schwab Premier Bank, SSB; Co-Chairman of the Board (July 2022 – present) and 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.; Manager (Sept. 2023 – present), TD Ameritrade Holding LLC; Director (Oct. 2020 – Aug. 2023), 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, 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) | Chief Executive Officer (Jan. 2022 – present), President (Oct. 2023 – present), (Chief Investment Officer (Apr. 2011 – present) and Senior Vice President (Apr. 2011 – Jan. 2022), 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), President (Oct. 2023 – present), Chief Investment Officer (June 2011 – present) and Vice President (June 2011 – Sept. 2023), Schwab Funds, Laudus Trust and Schwab ETFs. |
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; Chief Financial Officer (Mar. 2020 – present), Chief Operating Officer (Oct. 2023 – present), Managing Director (Mar. 2023 – present) and Vice President (Oct. 2013 – Mar. 2023), Charles Schwab Investment Management, Inc. |
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.; Managing Director (May 2022 – present) and Vice President (Apr. 2022 – May 2022), Charles Schwab & Co., Inc. |
Patrick Cassidy 1964 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 2018) | Chief Investment Officer (Oct. 2023 – present) and Vice President (Feb. 2018 – present), Schwab Funds, Laudus Trust and Schwab ETFs; Managing Director (Mar. 2023 – present), Chief Investment Officer (Oct. 2023 – present), and Senior Vice President (Oct. 2012 – Mar. 2023), Charles Schwab Investment Management, Inc. |
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), Senior Vice President (Jan. 2020 – Mar. 2023) and Chief Investment Officer (Jan. 2020 – present) 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) | Chief Legal Officer (Mar. 2022 – present), Managing Director (Mar. 2023 – present) and Vice President (Sept. 2005 – Mar. 2023), Charles Schwab Investment Management, Inc.; Managing Director (May 2022 – present) and Vice President (Aug. 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. |
Index ETF
Printed on recycled paper.
![(CHARLES SCHWAB ASSET MANAGMENT LOGO)](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892426img8f964fd21.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 |
No Action Required – Notice Regarding Shareholder Report Delivery |
Beginning on July 24, 2024, fund shareholder reports will be streamlined to highlight key information deemed important for investors to assess and monitor their fund investments. Other information, including financial statements, will not appear in the streamlined shareholder reports but will available online and delivered free of charge upon request. |
• If you already receive the full shareholder reports, you will receive the streamlined shareholder reports in the same way that you currently receive the full shareholder reports (either in paper or electronically). |
• If you currently receive a notification when a shareholder report is available on a fund’s website, beginning July 24, 2024, you will begin to receive the streamlined shareholder report (in paper). |
2 | |
5 | |
6 | |
8 | |
10 | |
12 | |
14 | |
16 | |
18 | |
20 | |
22 | |
23 | |
48 | |
62 | |
74 | |
82 | |
92 | |
102 | |
121 | |
128 | |
140 | |
141 | |
144 |
Total Returns for the 6 Months Ended February 29, 2024 | |
Schwab U.S. Broad Market ETF (Ticker Symbol: SCHB) | |
Market Price Return1 | 13.79% |
NAV Return1 | 13.85% |
Dow Jones U.S. Broad Stock Market Index | 13.84% |
ETF Category: Morningstar Large Blend2 | 12.93% |
Performance Details | pages 6-7 |
Schwab 1000 Index ETF (Ticker Symbol: SCHK) | |
Market Price Return1 | 14.04% |
NAV Return1 | 14.14% |
Russell 1000® Index3 | 14.03% |
Schwab 1000 Index® | 14.13% |
ETF Category: Morningstar Large Blend2 | 12.93% |
Performance Details | pages 8-9 |
Schwab U.S. Large-Cap ETF (Ticker Symbol: SCHX) | |
Market Price Return1 | 14.13% |
NAV Return1 | 14.26% |
S&P 500® Index4 | 13.93% |
Dow Jones U.S. Large-Cap Total Stock Market Index | 14.24% |
ETF Category: Morningstar Large Blend2 | 12.93% |
Performance Details | pages 10-11 |
Total Returns for the 6 Months Ended February 29, 2024 | |
Schwab U.S. Large-Cap Growth ETF (Ticker Symbol: SCHG) | |
Market Price Return1 | 18.72% |
NAV Return1 | 18.89% |
S&P 500® Index2 | 13.93% |
Dow Jones U.S. Large-Cap Growth Total Stock Market Index | 18.84% |
ETF Category: Morningstar Large Growth3 | 18.14% |
Performance Details | pages 12-13 |
Schwab U.S. Large-Cap Value ETF (Ticker Symbol: SCHV) | |
Market Price Return1 | 9.26% |
NAV Return1 | 9.36% |
S&P 500® Index2 | 13.93% |
Dow Jones U.S. Large-Cap Value Total Stock Market Index | 9.38% |
ETF Category: Morningstar Large Value3 | 9.59% |
Performance Details | pages 14-15 |
Schwab U.S. Mid-Cap ETF (Ticker Symbol: SCHM) | |
Market Price Return1 | 9.63% |
NAV Return1 | 9.71% |
S&P 500® Index2 | 13.93% |
Dow Jones U.S. Mid-Cap Total Stock Market Index | 9.73% |
ETF Category: Morningstar Mid-Cap Blend3 | 10.93% |
Performance Details | pages 16-17 |
Total Returns for the 6 Months Ended February 29, 2024 | |
Schwab U.S. Small-Cap ETF (Ticker Symbol: SCHA) | |
Market Price Return1 | 8.78% |
NAV Return1 | 8.92% |
S&P 500® Index2 | 13.93% |
Dow Jones U.S. Small-Cap Total Stock Market Index | 8.88% |
ETF Category: Morningstar Small Blend3 | 8.62% |
Performance Details | pages 18-19 |
Schwab U.S. Dividend Equity ETF (Ticker Symbol: SCHD) | |
Market Price Return1 | 6.20% |
NAV Return1 | 6.24% 4 |
S&P 500® Index2 | 13.93% |
Dow Jones U.S. Dividend 100TM Index | 6.26% |
ETF Category: Morningstar Large Value3 | 9.59% |
Performance Details | pages 20-21 |
![]() | 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. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | 10 Years |
Fund: Schwab U.S. Broad Market ETF (11/3/09) | ||||
Market Price Return2 | 13.79% | 28.74% | 13.88% | 12.00% |
NAV Return2 | 13.85% | 28.75% | 13.89% | 12.00% |
Dow Jones U.S. Broad Stock Market Index | 13.84% | 28.74% | 13.90% | 12.00% |
ETF Category: Morningstar Large Blend3 | 12.93% | 26.05% | 13.19% | 11.15% |
Fund Expense Ratio4: 0.03% |
Number of Holdings | 2,439 |
Weighted Average Market Cap (millions) | $688,071 |
Price/Earnings Ratio (P/E) | 24.2 |
Price/Book Ratio (P/B) | 4.0 |
Portfolio Turnover Rate | 2% 2,3 |
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892426img86380a996.jpg)
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892426imgb6e58a537.jpg)
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab 1000 Index ETF (10/11/17) | ||||
Market Price Return2 | 14.04% | 29.85% | 14.23% | 12.97% |
NAV Return2 | 14.14% | 29.87% | 14.23% | 12.98% |
Russell 1000® Index3 | 14.03% | 29.81% | 14.43% | 13.16% |
Schwab 1000 Index® | 14.13% | 29.89% | 14.28% | 13.03% |
ETF Category: Morningstar Large Blend4 | 12.93% | 26.05% | 13.19% | N/A |
Fund Expense Ratio5: 0.05% |
Number of Holdings | 994 2 |
Weighted Average Market Cap (millions) | $719,232 |
Price/Earnings Ratio (P/E) | 24.7 |
Price/Book Ratio (P/B) | 4.2 |
Portfolio Turnover Rate | 2% 3,4 |
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892426img56421c6d8.jpg)
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892426imgd5272d019.jpg)
Fund and Inception Date | 6 Months | 1 Year | 5 Years | 10 Years |
Fund: Schwab U.S. Large-Cap ETF (11/3/09) | ||||
Market Price Return2 | 14.13% | 30.39% | 14.49% | 12.47% |
NAV Return2 | 14.26% | 30.49% | 14.52% | 12.48% |
S&P 500® Index3 | 13.93% | 30.45% | 14.76% | 12.70% |
Dow Jones U.S. Large-Cap Total Stock Market Index | 14.24% | 30.47% | 14.54% | 12.51% |
ETF Category: Morningstar Large Blend4 | 12.93% | 26.05% | 13.19% | 11.15% |
Fund Expense Ratio5: 0.03% |
Number of Holdings | 750 |
Weighted Average Market Cap (millions) | $739,970 |
Price/Earnings Ratio (P/E) | 25.0 |
Price/Book Ratio (P/B) | 4.3 |
Portfolio Turnover Rate | 2% 2,3 |
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892426imgdc85225b10.jpg)
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892426img40184cfb11.jpg)
Fund and Inception Date | 6 Months | 1 Year | 5 Years | 10 Years |
Fund: Schwab U.S. Large-Cap Growth ETF (12/11/09) | ||||
Market Price Return2 | 18.72% | 51.66% | 19.33% | 15.65% |
NAV Return2 | 18.89% | 51.69% | 19.35% | 15.67% |
S&P 500® Index3 | 13.93% | 30.45% | 14.76% | 12.70% |
Dow Jones U.S. Large-Cap Growth Total Stock Market Index | 18.84% | 51.70% | 19.39% | 15.71% |
ETF Category: Morningstar Large Growth4 | 18.14% | 40.93% | 14.93% | 12.75% |
Fund Expense Ratio5: 0.04% |
Number of Holdings | 248 |
Weighted Average Market Cap (millions) | $1,238,862 |
Price/Earnings Ratio (P/E) | 34.7 |
Price/Book Ratio (P/B) | 8.6 |
Portfolio Turnover Rate | 3% 2,3 |
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892426img7528a3ba12.jpg)
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892426imga93080ed13.jpg)
Fund and Inception Date | 6 Months | 1 Year | 5 Years | 10 Years |
Fund: Schwab U.S. Large-Cap Value ETF (12/11/09) | ||||
Market Price Return2 | 9.26% | 12.62% | 8.90% | 8.91% |
NAV Return2 | 9.36% | 12.66% | 8.92% | 8.92% |
S&P 500® Index3 | 13.93% | 30.45% | 14.76% | 12.70% |
Dow Jones U.S. Large-Cap Value Total Stock Market Index | 9.38% | 12.69% | 8.95% | 8.97% |
ETF Category: Morningstar Large Value4 | 9.59% | 13.91% | 9.88% | 8.74% |
Fund Expense Ratio5: 0.04% |
Number of Holdings | 503 |
Weighted Average Market Cap (millions) | $165,377 |
Price/Earnings Ratio (P/E) | 18.8 |
Price/Book Ratio (P/B) | 2.7 |
Portfolio Turnover Rate | 4% 2,3 |
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892426img96a683d114.jpg)
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892426img141c988415.jpg)
Fund and Inception Date | 6 Months | 1 Year | 5 Years | 10 Years |
Fund: Schwab U.S. Mid-Cap ETF (1/13/11) | ||||
Market Price Return2 | 9.63% | 13.21% | 8.67% | 8.83% |
NAV Return2 | 9.71% | 13.25% | 8.70% | 8.84% |
S&P 500® Index3 | 13.93% | 30.45% | 14.76% | 12.70% |
Dow Jones U.S. Mid-Cap Total Stock Market Index | 9.73% | 13.23% | 8.71% | 8.86% |
ETF Category: Morningstar Mid-Cap Blend4 | 10.93% | 14.70% | 9.89% | 8.50% |
Fund Expense Ratio5: 0.04% |
Number of Holdings | 497 |
Weighted Average Market Cap (millions) | $11,474 |
Price/Earnings Ratio (P/E) | 18.6 |
Price/Book Ratio (P/B) | 2.5 |
Portfolio Turnover Rate | 12% 2,3 |
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892426img4180ebd316.jpg)
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892426imgb1dfb6fe17.jpg)
Fund and Inception Date | 6 Months | 1 Year | 5 Years | 10 Years |
Fund: Schwab U.S. Small-Cap ETF (11/3/09) | ||||
Market Price Return2 | 8.78% | 10.30% | 7.48% | 7.37% |
NAV Return2 | 8.92% | 10.39% | 7.49% | 7.38% |
S&P 500® Index3 | 13.93% | 30.45% | 14.76% | 12.70% |
Dow Jones U.S. Small-Cap Total Stock Market Index | 8.88% | 10.32% | 7.43% | 7.33% |
ETF Category: Morningstar Small Blend4 | 8.62% | 9.66% | 8.05% | 7.29% |
Fund Expense Ratio5: 0.04% |
Number of Holdings | 1,727 |
Weighted Average Market Cap (millions) | $4,412 |
Price/Earnings Ratio (P/E) | 16.1 |
Price/Book Ratio (P/B) | 2.0 |
Portfolio Turnover Rate | 9% 2,3 |
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892426img27d101ed18.jpg)
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892426img9b5b5b8d19.jpg)
Fund and Inception Date | 6 Months | 1 Year | 5 Years | 10 Years |
Fund: Schwab U.S. Dividend Equity ETF (10/20/11) | ||||
Market Price Return2 | 6.20% | 8.06% | 12.21% | 11.33% |
NAV Return2 | 6.24% 3 | 8.07% | 12.22% | 11.34% |
S&P 500® Index4 | 13.93% | 30.45% | 14.76% | 12.70% |
Dow Jones U.S. Dividend 100TM Index | 6.26% | 8.13% | 12.31% | 11.44% |
ETF Category: Morningstar Large Value5 | 9.59% | 13.91% | 9.88% | 8.74% |
Fund Expense Ratio6: 0.06% |
Number of Holdings | 101 |
Weighted Average Market Cap (millions) | $166,079 |
Price/Earnings Ratio (P/E) | 19.4 |
Price/Book Ratio (P/B) | 3.6 |
Portfolio Turnover Rate | 6% 2,3 |
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892426img168f418020.jpg)
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g892426img8c84ab4e21.jpg)
EXPENSE RATIO (ANNUALIZED) 1 | BEGINNING ACCOUNT VALUE AT 9/1/23 | ENDING ACCOUNT VALUE (NET OF EXPENSES) AT 2/29/24 | EXPENSES PAID DURING PERIOD 9/1/23-2/29/24 2 | |
Schwab U.S. Broad Market ETF | ||||
Actual Return | 0.03% | $1,000.00 | $1,138.50 | $0.16 |
Hypothetical 5% Return | 0.03% | $1,000.00 | $1,024.71 | $0.15 |
Schwab 1000 Index ETF | ||||
Actual Return | 0.05% | $1,000.00 | $1,141.40 | $0.27 |
Hypothetical 5% Return | 0.05% | $1,000.00 | $1,024.61 | $0.25 |
Schwab U.S. Large-Cap ETF | ||||
Actual Return | 0.03% | $1,000.00 | $1,142.60 | $0.16 |
Hypothetical 5% Return | 0.03% | $1,000.00 | $1,024.71 | $0.15 |
Schwab U.S. Large-Cap Growth ETF | ||||
Actual Return | 0.04% | $1,000.00 | $1,188.90 | $0.22 |
Hypothetical 5% Return | 0.04% | $1,000.00 | $1,024.66 | $0.20 |
Schwab U.S. Large-Cap Value ETF | ||||
Actual Return | 0.04% | $1,000.00 | $1,093.60 | $0.21 |
Hypothetical 5% Return | 0.04% | $1,000.00 | $1,024.66 | $0.20 |
Schwab U.S. Mid-Cap ETF | ||||
Actual Return | 0.04% | $1,000.00 | $1,097.10 | $0.21 |
Hypothetical 5% Return | 0.04% | $1,000.00 | $1,024.66 | $0.20 |
Schwab U.S. Small-Cap ETF | ||||
Actual Return | 0.04% | $1,000.00 | $1,089.20 | $0.21 |
Hypothetical 5% Return | 0.04% | $1,000.00 | $1,024.66 | $0.20 |
Schwab U.S. Dividend Equity ETF | ||||
Actual Return | 0.06% | $1,000.00 | $1,062.20 | $0.31 |
Hypothetical 5% Return | 0.06% | $1,000.00 | $1,024.57 | $0.30 |
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 182 days in the period, and divided by 366 days in the fiscal year. |
9/1/23– 2/29/24* | 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 | $52.53 | $46.48 | $54.57 | $41.64 | $35.07 | $35.28 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)2 | 0.41 | 0.77 | 0.71 | 0.67 | 0.74 | 0.72 |
Net realized and unrealized gains (losses) | 6.80 | 6.04 | (8.09 ) | 12.99 | 6.55 | (0.28 ) |
Total from investment operations | 7.21 | 6.81 | (7.38 ) | 13.66 | 7.29 | 0.44 |
Less distributions: | ||||||
Distributions from net investment income | (0.41 ) | (0.76 ) | (0.71 ) | (0.73 ) | (0.72 ) | (0.65 ) |
Net asset value at end of period | $59.33 | $52.53 | $46.48 | $54.57 | $41.64 | $35.07 |
Total return | 13.85 %3 | 14.88 % | (13.64 %) | 33.23 % | 21.24 % | 1.35 % |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.03 %4 | 0.03 %5 | 0.03 %5 | 0.03 % | 0.03 % | 0.03 % |
Net investment income (loss) | 1.55 %4 | 1.62 % | 1.38 % | 1.42 % | 2.02 % | 2.12 % |
Portfolio turnover rate6 | 2 %3 | 4 % | 4 % | 4 % | 4 % | 4 % |
Net assets, end of period (x 1,000,000) | $27,008 | $23,455 | $20,360 | $22,368 | $16,549 | $14,877 |
* | Unaudited. |
1 | Per-Share Data has been retroactively adjusted to reflect a 2-for-1 share split effective after market close on March 10, 2022. |
2 | Calculated based on the average shares outstanding during the period. |
3 | Not annualized. |
4 | Annualized. |
5 | Ratio includes less than 0.005% of non-routine proxy expenses. |
6 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.8% OF NET ASSETS | ||
Automobiles & Components 1.6% | ||
Adient PLC * | 52,657 | 1,787,178 |
American Axle & Manufacturing Holdings, Inc. * | 64,575 | 446,859 |
Aptiv PLC * | 153,517 | 12,203,066 |
Atmus Filtration Technologies, Inc. *(a) | 7,857 | 187,547 |
Autoliv, Inc. | 41,923 | 4,864,326 |
BorgWarner, Inc. | 128,600 | 4,003,318 |
Canoo, Inc. * | 692,111 | 72,810 |
Dana, Inc. | 70,491 | 881,137 |
Dorman Products, Inc. * | 15,018 | 1,414,996 |
Ford Motor Co. | 2,145,254 | 26,686,960 |
Fox Factory Holding Corp. * | 22,785 | 1,152,693 |
Garrett Motion, Inc. * | 81,679 | 785,752 |
General Motors Co. | 746,105 | 30,575,383 |
Gentex Corp. | 127,664 | 4,663,566 |
Gentherm, Inc. * | 18,322 | 1,041,789 |
Goodyear Tire & Rubber Co. * | 155,854 | 1,851,545 |
Harley-Davidson, Inc. | 70,749 | 2,566,066 |
Holley, Inc. * | 29,634 | 127,130 |
LCI Industries | 13,700 | 1,725,926 |
Lear Corp. | 32,059 | 4,403,304 |
Lucid Group, Inc. *(a) | 483,212 | 1,594,600 |
Luminar Technologies, Inc. *(a) | 108,657 | 259,690 |
Mobileye Global, Inc., Class A * | 40,995 | 1,044,143 |
Modine Manufacturing Co. * | 28,860 | 2,589,031 |
Mullen Automotive, Inc. * | 3,007 | 21,410 |
Patrick Industries, Inc. | 11,649 | 1,397,181 |
Phinia, Inc. | 25,050 | 857,211 |
QuantumScape Corp. * | 194,235 | 1,217,853 |
Rivian Automotive, Inc., Class A *(a) | 370,474 | 4,193,766 |
Solid Power, Inc. * | 40,572 | 66,538 |
Standard Motor Products, Inc. | 9,874 | 313,598 |
Stoneridge, Inc. * | 13,876 | 243,801 |
Tesla, Inc. * | 1,509,666 | 304,771,372 |
Thor Industries, Inc. | 28,940 | 3,709,529 |
Visteon Corp. * | 15,115 | 1,709,809 |
Winnebago Industries, Inc. | 16,266 | 1,166,760 |
Workhorse Group, Inc. * | 167,575 | 56,071 |
XPEL, Inc. * | 11,970 | 629,383 |
427,283,097 | ||
Banks 3.4% | ||
1st Source Corp. | 9,405 | 468,181 |
Amerant Bancorp, Inc. | 15,395 | 326,220 |
Ameris Bancorp | 35,428 | 1,641,379 |
Arrow Financial Corp. | 9,645 | 231,287 |
Associated Banc-Corp. | 82,053 | 1,709,984 |
Atlantic Union Bankshares Corp. | 41,661 | 1,385,645 |
Axos Financial, Inc. * | 28,194 | 1,469,471 |
Banc of California, Inc. | 71,126 | 1,040,573 |
BancFirst Corp. | 7,723 | 677,616 |
Bancorp, Inc. * | 30,189 | 1,347,637 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Bank First Corp. | 4,538 | 392,537 |
Bank of America Corp. | 3,757,707 | 129,716,046 |
Bank of Hawaii Corp. | 21,647 | 1,304,881 |
Bank of Marin Bancorp | 7,905 | 131,302 |
Bank OZK | 59,311 | 2,597,822 |
BankUnited, Inc. | 40,730 | 1,092,379 |
Banner Corp. | 18,603 | 815,555 |
Berkshire Hills Bancorp, Inc. | 23,453 | 504,005 |
BOK Financial Corp. | 15,237 | 1,295,297 |
Brookline Bancorp, Inc. | 47,579 | 464,847 |
Byline Bancorp, Inc. | 18,399 | 383,435 |
Cadence Bank | 100,820 | 2,790,698 |
Camden National Corp. | 7,417 | 235,712 |
Capitol Federal Financial, Inc. | 69,078 | 399,962 |
Cathay General Bancorp | 38,896 | 1,518,889 |
Central Pacific Financial Corp. | 14,391 | 268,536 |
Citigroup, Inc. | 1,044,653 | 57,967,795 |
Citizens Financial Group, Inc. | 256,542 | 8,052,853 |
Citizens Financial Services, Inc. | 2,222 | 103,878 |
City Holding Co. | 7,825 | 786,256 |
Columbia Banking System, Inc. | 113,729 | 2,058,495 |
Columbia Financial, Inc. * | 17,719 | 296,439 |
Comerica, Inc. | 71,160 | 3,513,881 |
Commerce Bancshares, Inc. | 64,266 | 3,344,403 |
Community Bank System, Inc. | 29,416 | 1,332,545 |
Community Trust Bancorp, Inc. | 8,318 | 330,724 |
ConnectOne Bancorp, Inc. | 19,901 | 393,841 |
CrossFirst Bankshares, Inc. * | 21,534 | 277,143 |
Cullen/Frost Bankers, Inc. | 34,851 | 3,781,682 |
Customers Bancorp, Inc. * | 15,279 | 829,802 |
CVB Financial Corp. | 71,070 | 1,209,611 |
Dime Community Bancshares, Inc. | 16,735 | 313,614 |
Eagle Bancorp, Inc. | 16,908 | 402,749 |
East West Bancorp, Inc. | 77,765 | 5,665,958 |
Eastern Bankshares, Inc. | 86,943 | 1,123,304 |
Enterprise Financial Services Corp. | 19,997 | 798,280 |
FB Financial Corp. | 18,525 | 660,231 |
Fifth Third Bancorp | 371,150 | 12,745,291 |
Financial Institutions, Inc. | 7,751 | 142,308 |
First BanCorp | 98,202 | 1,667,470 |
First Bancorp/Southern Pines NC | 22,238 | 758,761 |
First Bancshares, Inc. | 15,301 | 379,924 |
First Busey Corp. | 27,356 | 630,829 |
First Citizens BancShares, Inc., Class A | 6,479 | 10,196,715 |
First Commonwealth Financial Corp. | 56,031 | 730,084 |
First Community Bankshares, Inc. | 9,411 | 311,881 |
First Financial Bancorp | 51,031 | 1,107,373 |
First Financial Bankshares, Inc. | 70,691 | 2,187,179 |
First Financial Corp. | 5,687 | 211,727 |
First Foundation, Inc. | 27,810 | 220,533 |
First Hawaiian, Inc. | 69,350 | 1,453,576 |
First Horizon Corp. | 303,628 | 4,281,155 |
First Interstate BancSystem, Inc., Class A | 43,864 | 1,154,500 |
First Merchants Corp. | 32,235 | 1,070,202 |
First Mid Bancshares, Inc. | 12,922 | 391,537 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
First of Long Island Corp. | 10,642 | 118,552 |
Flushing Financial Corp. | 14,575 | 187,143 |
FNB Corp. | 196,217 | 2,617,535 |
Fulton Financial Corp. | 91,486 | 1,408,884 |
German American Bancorp, Inc. | 15,154 | 476,745 |
Glacier Bancorp, Inc. | 60,297 | 2,256,314 |
Great Southern Bancorp, Inc. | 4,752 | 247,769 |
Hancock Whitney Corp. | 46,540 | 2,029,144 |
Hanmi Financial Corp. | 15,416 | 232,936 |
HarborOne Bancorp, Inc. | 22,275 | 226,759 |
HBT Financial, Inc. | 6,770 | 129,036 |
Heartland Financial USA, Inc. | 20,173 | 685,882 |
Heritage Commerce Corp. | 31,229 | 258,888 |
Heritage Financial Corp. | 19,143 | 351,274 |
Hilltop Holdings, Inc. | 24,393 | 753,256 |
Home BancShares, Inc. | 102,077 | 2,394,726 |
HomeStreet, Inc. | 9,861 | 137,561 |
Hope Bancorp, Inc. | 66,208 | 726,302 |
Horizon Bancorp, Inc. | 22,052 | 265,506 |
Huntington Bancshares, Inc. | 785,215 | 10,239,204 |
Independent Bank Corp. | 23,587 | 1,230,534 |
Independent Bank Group, Inc. | 20,129 | 880,241 |
International Bancshares Corp. | 28,218 | 1,464,232 |
JPMorgan Chase & Co. | 1,578,228 | 293,645,102 |
Kearny Financial Corp. | 39,070 | 248,485 |
KeyCorp | 511,685 | 7,301,745 |
Lakeland Bancorp, Inc. | 33,857 | 395,450 |
Lakeland Financial Corp. | 14,249 | 907,661 |
Live Oak Bancshares, Inc. | 18,659 | 741,135 |
Luther Burbank Corp. * | 6,823 | 62,430 |
M&T Bank Corp. | 90,267 | 12,613,911 |
Mercantile Bank Corp. | 7,839 | 288,789 |
Metrocity Bankshares, Inc. | 8,494 | 206,404 |
Midland States Bancorp, Inc. | 11,181 | 272,257 |
National Bank Holdings Corp., Class A | 20,217 | 684,143 |
NBT Bancorp, Inc. | 25,543 | 878,424 |
New York Community Bancorp, Inc. (a) | 393,146 | 1,883,169 |
Nicolet Bankshares, Inc. | 7,252 | 572,400 |
Northfield Bancorp, Inc. | 22,564 | 227,896 |
Northwest Bancshares, Inc. | 69,106 | 791,955 |
OceanFirst Financial Corp. | 32,614 | 495,733 |
OFG Bancorp | 25,200 | 912,744 |
Old National Bancorp | 158,190 | 2,599,062 |
Old Second Bancorp, Inc. | 21,650 | 290,759 |
Origin Bancorp, Inc. | 16,134 | 481,439 |
Pacific Premier Bancorp, Inc. | 52,336 | 1,196,401 |
Park National Corp. | 7,876 | 1,012,145 |
Pathward Financial, Inc. | 15,019 | 763,566 |
Peapack-Gladstone Financial Corp. | 7,818 | 189,430 |
Peoples Bancorp, Inc. | 17,806 | 499,814 |
Pinnacle Financial Partners, Inc. | 41,714 | 3,450,582 |
PNC Financial Services Group, Inc. | 217,723 | 32,048,826 |
Popular, Inc. | 38,800 | 3,246,784 |
Preferred Bank | 6,654 | 478,090 |
Premier Financial Corp. | 18,462 | 357,794 |
Prosperity Bancshares, Inc. | 51,536 | 3,216,362 |
Provident Financial Services, Inc. | 40,220 | 606,518 |
QCR Holdings, Inc. | 9,243 | 526,851 |
Regions Financial Corp. | 505,529 | 9,418,005 |
Renasant Corp. | 30,765 | 972,482 |
Republic Bancorp, Inc., Class A | 4,756 | 234,281 |
S&T Bancorp, Inc. | 20,390 | 635,964 |
Sandy Spring Bancorp, Inc. | 23,854 | 524,311 |
Seacoast Banking Corp. of Florida | 46,161 | 1,114,327 |
ServisFirst Bancshares, Inc. | 26,547 | 1,677,505 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Simmons First National Corp., Class A | 69,690 | 1,338,048 |
Southside Bancshares, Inc. | 16,124 | 462,114 |
SouthState Corp. | 41,041 | 3,449,086 |
Stellar Bancorp, Inc. | 24,969 | 591,765 |
Stock Yards Bancorp, Inc. | 13,817 | 632,957 |
Synovus Financial Corp. | 79,191 | 3,004,506 |
Texas Capital Bancshares, Inc. * | 26,130 | 1,532,524 |
TFS Financial Corp. | 24,953 | 318,151 |
Tompkins Financial Corp. | 6,406 | 308,513 |
Towne Bank | 37,311 | 1,011,501 |
TriCo Bancshares | 18,210 | 608,396 |
Triumph Financial, Inc. * | 11,587 | 869,025 |
Truist Financial Corp. | 728,601 | 25,486,463 |
TrustCo Bank Corp. | 9,776 | 266,787 |
Trustmark Corp. | 33,726 | 905,880 |
U.S. Bancorp | 851,661 | 35,735,696 |
UMB Financial Corp. | 24,067 | 1,964,108 |
United Bankshares, Inc. | 73,328 | 2,543,748 |
United Community Banks, Inc. | 67,779 | 1,762,932 |
Univest Financial Corp. | 15,968 | 319,679 |
Valley National Bancorp | 229,648 | 1,880,817 |
Veritex Holdings, Inc. | 29,212 | 573,432 |
WaFd, Inc. | 35,534 | 967,946 |
Washington Trust Bancorp, Inc. | 8,591 | 221,132 |
Webster Financial Corp. | 94,711 | 4,512,032 |
Wells Fargo & Co. | 1,983,157 | 110,243,698 |
WesBanco, Inc. | 31,865 | 923,448 |
Westamerica BanCorp | 14,520 | 663,709 |
Western Alliance Bancorp | 58,999 | 3,406,012 |
Wintrust Financial Corp. | 32,996 | 3,179,165 |
WSFS Financial Corp. | 33,486 | 1,419,471 |
Zions Bancorp NA | 80,717 | 3,182,671 |
919,369,391 | ||
Capital Goods 6.5% | ||
3D Systems Corp. * | 72,418 | 299,811 |
3M Co. | 301,258 | 27,751,887 |
A O Smith Corp. | 67,888 | 5,627,915 |
AAON, Inc. | 36,855 | 3,095,083 |
AAR Corp. * | 17,502 | 1,168,784 |
Acuity Brands, Inc. | 17,007 | 4,272,839 |
Advanced Drainage Systems, Inc. | 37,590 | 6,136,192 |
AECOM | 75,734 | 6,727,451 |
AeroVironment, Inc. * | 13,900 | 1,762,381 |
AGCO Corp. | 33,595 | 3,685,371 |
Air Lease Corp. | 56,275 | 2,256,627 |
Alamo Group, Inc. | 5,404 | 1,093,175 |
Albany International Corp., Class A | 16,785 | 1,575,608 |
Allegion PLC | 47,762 | 6,107,327 |
Allison Transmission Holdings, Inc. | 47,881 | 3,606,876 |
Ameresco, Inc., Class A * | 18,210 | 381,682 |
American Woodmark Corp. * | 9,321 | 934,337 |
AMETEK, Inc. | 126,094 | 22,719,617 |
API Group Corp. * | 110,028 | 3,856,481 |
Apogee Enterprises, Inc. | 11,633 | 665,524 |
Applied Industrial Technologies, Inc. | 21,056 | 3,998,324 |
Archer Aviation, Inc., Class A *(a) | 106,090 | 512,415 |
Arcosa, Inc. | 26,071 | 2,163,893 |
Argan, Inc. | 7,046 | 330,176 |
Armstrong World Industries, Inc. | 24,198 | 2,918,521 |
Array Technologies, Inc. * | 77,107 | 1,051,739 |
Astec Industries, Inc. | 12,827 | 520,776 |
Atkore, Inc. | 21,029 | 3,562,313 |
Axon Enterprise, Inc. * | 38,648 | 11,879,236 |
AZEK Co., Inc. * | 80,884 | 3,891,329 |
AZZ, Inc. | 13,634 | 992,555 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Babcock & Wilcox Enterprises, Inc. * | 40,024 | 51,231 |
Barnes Group, Inc. | 27,514 | 961,339 |
Beacon Roofing Supply, Inc. * | 34,395 | 2,954,187 |
Blink Charging Co. *(a) | 33,646 | 106,994 |
Bloom Energy Corp., Class A * | 114,435 | 1,003,595 |
Blue Bird Corp. * | 9,488 | 321,074 |
BlueLinx Holdings, Inc. * | 4,759 | 603,679 |
Boeing Co. * | 310,445 | 63,243,855 |
Boise Cascade Co. | 21,664 | 2,944,354 |
Builders FirstSource, Inc. * | 67,618 | 13,197,681 |
BWX Technologies, Inc. | 49,926 | 5,034,039 |
Cadre Holdings, Inc. | 9,951 | 357,539 |
Carlisle Cos., Inc. | 26,458 | 9,260,300 |
Carrier Global Corp. | 457,218 | 25,412,176 |
Caterpillar, Inc. | 278,417 | 92,980,141 |
ChargePoint Holdings, Inc. *(a) | 165,066 | 341,687 |
Chart Industries, Inc. * | 23,436 | 3,348,067 |
CNH Industrial NV | 529,966 | 6,333,094 |
Columbus McKinnon Corp. | 15,367 | 641,880 |
Comfort Systems USA, Inc. | 19,380 | 5,925,047 |
Construction Partners, Inc., Class A * | 22,519 | 1,082,713 |
Core & Main, Inc., Class A * | 91,540 | 4,369,204 |
Crane Co. | 27,065 | 3,290,021 |
CSW Industrials, Inc. | 8,307 | 1,913,850 |
Cummins, Inc. | 77,290 | 20,760,867 |
Curtiss-Wright Corp. | 20,708 | 4,892,679 |
Custom Truck One Source, Inc. * | 35,267 | 226,414 |
Deere & Co. | 146,335 | 53,419,592 |
Desktop Metal, Inc., Class A *(a) | 134,385 | 82,203 |
Distribution Solutions Group, Inc. * | 5,809 | 182,461 |
DNOW, Inc. * | 56,158 | 794,636 |
Donaldson Co., Inc. | 65,687 | 4,704,503 |
Douglas Dynamics, Inc. | 12,002 | 301,250 |
Dover Corp. | 76,596 | 12,667,446 |
Ducommun, Inc. * | 7,304 | 348,547 |
DXP Enterprises, Inc. * | 7,607 | 270,201 |
Dycom Industries, Inc. * | 15,761 | 1,993,609 |
Eaton Corp. PLC | 217,658 | 62,903,162 |
EMCOR Group, Inc. | 25,918 | 8,125,811 |
Emerson Electric Co. | 311,168 | 33,248,301 |
Encore Wire Corp. | 8,824 | 2,126,584 |
Energy Recovery, Inc. * | 31,373 | 490,360 |
Energy Vault Holdings, Inc. * | 32,255 | 54,188 |
Enerpac Tool Group Corp. | 30,576 | 1,030,717 |
EnerSys | 22,127 | 2,033,029 |
Enovix Corp. *(a) | 72,465 | 706,534 |
Enpro, Inc. | 11,223 | 1,748,768 |
Esab Corp. | 30,413 | 3,014,537 |
ESCO Technologies, Inc. | 14,135 | 1,440,215 |
ESS Tech, Inc. *(a) | 122,102 | 106,058 |
Eve Holding, Inc. *(a) | 16,551 | 91,858 |
Fastenal Co. | 313,662 | 22,900,463 |
Federal Signal Corp. | 33,345 | 2,731,289 |
Ferguson PLC | 111,403 | 23,556,164 |
Flowserve Corp. | 71,241 | 3,014,919 |
Fluence Energy, Inc. * | 31,435 | 480,641 |
Fluor Corp. * | 94,346 | 3,471,933 |
Fortive Corp. | 191,870 | 16,333,893 |
Fortune Brands Innovations, Inc. | 68,919 | 5,605,871 |
Franklin Electric Co., Inc. | 21,086 | 2,192,101 |
FTAI Aviation Ltd. | 54,692 | 3,078,613 |
FuelCell Energy, Inc. * | 225,897 | 268,817 |
Gates Industrial Corp. PLC * | 90,719 | 1,335,384 |
GATX Corp. | 19,272 | 2,444,460 |
Generac Holdings, Inc. * | 33,802 | 3,803,063 |
General Dynamics Corp. | 123,834 | 33,837,640 |
General Electric Co. | 594,011 | 93,194,386 |
Gibraltar Industries, Inc. * | 16,161 | 1,251,669 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Global Industrial Co. | 5,698 | 249,857 |
GMS, Inc. * | 22,078 | 1,971,786 |
Gorman-Rupp Co. | 13,196 | 492,607 |
Graco, Inc. | 91,488 | 8,349,195 |
GrafTech International Ltd. | 100,509 | 176,896 |
Granite Construction, Inc. | 23,947 | 1,233,989 |
Great Lakes Dredge & Dock Corp. * | 34,639 | 309,673 |
Greenbrier Cos., Inc. | 17,203 | 890,255 |
Griffon Corp. | 22,904 | 1,635,346 |
H&E Equipment Services, Inc. | 18,544 | 1,047,551 |
Hayward Holdings, Inc. * | 68,242 | 1,009,299 |
HEICO Corp. | 54,977 | 10,632,552 |
Helios Technologies, Inc. | 17,458 | 770,771 |
Herc Holdings, Inc. | 15,261 | 2,421,615 |
Hexcel Corp. | 45,852 | 3,414,140 |
Hillenbrand, Inc. | 37,860 | 1,800,243 |
Hillman Solutions Corp. * | 105,187 | 1,024,521 |
Honeywell International, Inc. | 360,084 | 71,559,493 |
Howmet Aerospace, Inc. | 212,650 | 14,151,857 |
Hubbell, Inc. | 29,132 | 11,089,678 |
Huntington Ingalls Industries, Inc. | 21,675 | 6,320,863 |
Hyliion Holdings Corp. * | 69,758 | 126,960 |
Hyster-Yale Materials Handling, Inc. | 5,890 | 346,803 |
Hyzon Motors, Inc. * | 52,013 | 32,779 |
IDEX Corp. | 41,088 | 9,692,659 |
IES Holdings, Inc. * | 4,674 | 513,766 |
Illinois Tool Works, Inc. | 149,935 | 39,305,460 |
Ingersoll Rand, Inc. | 221,215 | 20,203,566 |
Insteel Industries, Inc. | 11,229 | 408,848 |
ITT, Inc. | 44,684 | 5,636,440 |
Janus International Group, Inc. * | 55,465 | 795,923 |
JELD-WEN Holding, Inc. * | 45,911 | 835,580 |
John Bean Technologies Corp. | 17,272 | 1,752,763 |
Johnson Controls International PLC | 371,545 | 22,021,472 |
Kadant, Inc. | 6,262 | 2,112,173 |
Kaman Corp. | 15,000 | 687,150 |
Kennametal, Inc. | 44,307 | 1,118,309 |
Kratos Defense & Security Solutions, Inc. * | 79,455 | 1,449,259 |
L3Harris Technologies, Inc. | 103,151 | 21,832,941 |
Lennox International, Inc. | 17,352 | 8,176,436 |
Leonardo DRS, Inc. * | 38,451 | 873,222 |
Lincoln Electric Holdings, Inc. | 31,168 | 7,997,709 |
Lindsay Corp. | 5,967 | 711,923 |
Lockheed Martin Corp. | 120,541 | 51,620,478 |
Manitowoc Co., Inc. * | 19,308 | 269,154 |
Markforged Holding Corp. * | 37,260 | 24,964 |
Masco Corp. | 122,217 | 9,381,377 |
Masonite International Corp. * | 11,892 | 1,548,814 |
MasTec, Inc. * | 33,059 | 2,494,632 |
Masterbrand, Inc. * | 69,564 | 1,204,153 |
McGrath RentCorp | 13,208 | 1,644,132 |
MDU Resources Group, Inc. | 109,415 | 2,372,117 |
Mercury Systems, Inc. * | 28,002 | 836,420 |
Microvast Holdings, Inc. *(a) | 157,235 | 135,269 |
Middleby Corp. * | 29,265 | 4,452,962 |
Moog, Inc., Class A | 15,260 | 2,288,237 |
MRC Global, Inc. * | 44,604 | 514,284 |
MSC Industrial Direct Co., Inc., Class A | 25,521 | 2,576,090 |
Mueller Industries, Inc. | 62,320 | 3,202,002 |
Mueller Water Products, Inc., Class A | 85,009 | 1,321,890 |
MYR Group, Inc. * | 8,809 | 1,431,110 |
National Presto Industries, Inc. | 2,567 | 198,506 |
Net Power, Inc. * | 12,897 | 105,368 |
NEXTracker, Inc., Class A * | 66,676 | 3,749,858 |
Nikola Corp. *(a) | 622,053 | 462,932 |
Nordson Corp. | 29,689 | 7,886,883 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Northrop Grumman Corp. | 77,649 | 35,797,742 |
nVent Electric PLC | 89,490 | 6,024,467 |
Omega Flex, Inc. | 1,630 | 113,529 |
Oshkosh Corp. | 35,563 | 3,942,514 |
Otis Worldwide Corp. | 223,720 | 21,320,516 |
Owens Corning | 48,861 | 7,318,401 |
PACCAR, Inc. | 284,821 | 31,583,801 |
Parker-Hannifin Corp. | 70,152 | 37,562,888 |
Pentair PLC | 90,192 | 7,016,036 |
PGT Innovations, Inc. * | 31,385 | 1,310,951 |
Plug Power, Inc. *(a) | 296,131 | 1,045,342 |
Powell Industries, Inc. | 4,846 | 897,673 |
Preformed Line Products Co. | 1,518 | 208,695 |
Primoris Services Corp. | 28,781 | 1,137,137 |
Proto Labs, Inc. * | 14,796 | 539,018 |
Quanex Building Products Corp. | 18,482 | 639,108 |
Quanta Services, Inc. | 78,950 | 19,067,214 |
RBC Bearings, Inc. * | 15,674 | 4,276,337 |
Regal Rexnord Corp. | 36,224 | 6,212,054 |
Resideo Technologies, Inc. * | 81,398 | 1,817,617 |
REV Group, Inc. | 18,662 | 385,184 |
Rocket Lab USA, Inc. *(a) | 143,714 | 658,929 |
Rockwell Automation, Inc. | 62,651 | 17,860,547 |
RTX Corp. | 784,768 | 70,370,147 |
Rush Enterprises, Inc., Class A | 34,636 | 1,686,773 |
Rush Enterprises, Inc., Class B | 6,069 | 306,060 |
Sensata Technologies Holding PLC | 83,146 | 2,861,885 |
SES AI Corp. * | 76,995 | 136,281 |
Shoals Technologies Group, Inc., Class A * | 92,517 | 1,186,993 |
Shyft Group, Inc. | 18,283 | 188,498 |
Simpson Manufacturing Co., Inc. | 23,117 | 4,824,056 |
SiteOne Landscape Supply, Inc. * | 24,400 | 4,110,912 |
Snap-on, Inc. | 28,835 | 7,948,656 |
Southland Holdings, Inc. * | 5,124 | 23,365 |
Spirit AeroSystems Holdings, Inc., Class A * | 62,053 | 1,774,716 |
SPX Technologies, Inc. * | 24,583 | 2,880,882 |
Standex International Corp. | 6,246 | 1,080,558 |
Stanley Black & Decker, Inc. | 83,011 | 7,412,052 |
Stem, Inc. *(a) | 48,519 | 130,031 |
Sterling Infrastructure, Inc. * | 16,514 | 1,761,053 |
SunPower Corp. *(a) | 46,139 | 143,492 |
Sunrun, Inc. * | 118,106 | 1,421,996 |
Symbotic, Inc. *(a) | 14,377 | 566,454 |
Tecnoglass, Inc. | 10,649 | 497,947 |
Tennant Co. | 10,331 | 1,169,366 |
Terex Corp. | 36,659 | 2,102,394 |
Terran Orbital Corp. * | 164,511 | 177,672 |
Textron, Inc. | 107,496 | 9,574,669 |
Thermon Group Holdings, Inc. * | 18,732 | 511,196 |
Timken Co. | 35,698 | 2,998,275 |
Titan International, Inc. * | 28,927 | 369,108 |
Titan Machinery, Inc. * | 10,827 | 273,165 |
Toro Co. | 56,533 | 5,218,561 |
TPI Composites, Inc. *(a) | 32,429 | 90,477 |
Trane Technologies PLC | 124,740 | 35,172,938 |
Transcat, Inc. * | 5,385 | 566,287 |
TransDigm Group, Inc. | 30,217 | 35,587,770 |
Trex Co., Inc. * | 59,249 | 5,436,688 |
Trinity Industries, Inc. | 43,545 | 1,105,172 |
Triumph Group, Inc. * | 46,766 | 650,047 |
Tutor Perini Corp. * | 22,921 | 259,695 |
UFP Industries, Inc. | 33,431 | 3,832,196 |
United Rentals, Inc. | 37,028 | 25,670,402 |
V2X, Inc. * | 5,699 | 219,411 |
Valmont Industries, Inc. | 11,367 | 2,409,008 |
Vertiv Holdings Co. | 192,592 | 13,023,071 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Vicor Corp. * | 12,346 | 459,765 |
Virgin Galactic Holdings, Inc. *(a) | 181,584 | 315,956 |
Wabash National Corp. | 25,617 | 698,832 |
Watsco, Inc. | 18,506 | 7,293,585 |
Watts Water Technologies, Inc., Class A | 14,831 | 3,024,782 |
WESCO International, Inc. | 23,747 | 3,549,939 |
Westinghouse Air Brake Technologies Corp. | 97,344 | 13,753,734 |
WillScot Mobile Mini Holdings Corp. * | 107,174 | 5,117,558 |
Woodward, Inc. | 32,779 | 4,637,901 |
WW Grainger, Inc. | 24,045 | 23,406,846 |
Xometry, Inc., Class A * | 22,455 | 439,220 |
Xylem, Inc. | 131,195 | 16,668,325 |
Zurn Elkay Water Solutions Corp. | 78,104 | 2,479,802 |
1,751,708,108 | ||
Commercial & Professional Services 1.6% | ||
ABM Industries, Inc. | 35,981 | 1,486,375 |
ACCO Brands Corp. | 55,911 | 311,983 |
ACV Auctions, Inc., Class A * | 73,474 | 1,304,163 |
Alight, Inc., Class A * | 200,334 | 1,805,009 |
ASGN, Inc. * | 26,423 | 2,624,332 |
Automatic Data Processing, Inc. | 224,473 | 56,371,904 |
Barrett Business Services, Inc. | 3,337 | 407,081 |
Blacksky Technology, Inc. *(a) | 58,633 | 83,259 |
Booz Allen Hamilton Holding Corp., Class A | 70,894 | 10,471,753 |
Brady Corp., Class A | 24,629 | 1,435,378 |
BrightView Holdings, Inc. * | 18,671 | 162,624 |
Brink's Co. | 24,882 | 2,060,976 |
Broadridge Financial Solutions, Inc. | 64,202 | 13,070,243 |
CACI International, Inc., Class A * | 12,318 | 4,617,402 |
Casella Waste Systems, Inc., Class A * | 30,412 | 2,740,121 |
CBIZ, Inc. * | 26,545 | 2,004,944 |
Cimpress PLC * | 10,262 | 1,005,779 |
Cintas Corp. | 47,251 | 29,702,451 |
Clarivate PLC *(a) | 232,864 | 1,671,964 |
Clean Harbors, Inc. * | 27,317 | 4,974,426 |
Concentrix Corp. | 26,077 | 1,889,279 |
Conduent, Inc. * | 91,184 | 313,673 |
Copart, Inc. * | 477,446 | 25,376,255 |
CoreCivic, Inc. * | 61,836 | 941,762 |
CRA International, Inc. | 3,642 | 482,711 |
CSG Systems International, Inc. | 16,307 | 889,710 |
Dayforce, Inc. * | 84,401 | 5,887,814 |
Deluxe Corp. | 24,325 | 472,148 |
Driven Brands Holdings, Inc. * | 39,604 | 546,139 |
Dun & Bradstreet Holdings, Inc. | 131,291 | 1,383,807 |
Ennis, Inc. | 14,488 | 294,396 |
Enviri Corp. * | 46,455 | 365,136 |
Equifax, Inc. | 66,985 | 18,326,426 |
ExlService Holdings, Inc. * | 90,709 | 2,822,864 |
Exponent, Inc. | 27,584 | 2,231,270 |
First Advantage Corp. | 23,683 | 370,876 |
Forrester Research, Inc. * | 6,590 | 132,920 |
Franklin Covey Co. * | 6,805 | 259,815 |
FTI Consulting, Inc. * | 19,319 | 3,996,715 |
Genpact Ltd. | 88,848 | 3,020,832 |
GEO Group, Inc. * | 70,810 | 868,839 |
Healthcare Services Group, Inc. * | 39,988 | 510,247 |
Heidrick & Struggles International, Inc. | 11,115 | 377,910 |
HireRight Holdings Corp. * | 10,517 | 149,026 |
HNI Corp. | 25,320 | 1,134,589 |
Huron Consulting Group, Inc. * | 10,267 | 1,007,501 |
ICF International, Inc. | 9,205 | 1,425,394 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Insperity, Inc. | 19,421 | 1,976,864 |
Interface, Inc. | 29,987 | 471,396 |
Jacobs Solutions, Inc. | 68,126 | 9,990,678 |
KBR, Inc. | 73,692 | 4,423,731 |
Kelly Services, Inc., Class A | 19,398 | 475,833 |
Kforce, Inc. | 10,785 | 751,067 |
Korn Ferry | 28,254 | 1,798,650 |
LanzaTech Global, Inc. *(a) | 48,099 | 154,879 |
Legalzoom.com, Inc. * | 65,593 | 813,353 |
Leidos Holdings, Inc. | 74,715 | 9,553,060 |
Liquidity Services, Inc. * | 11,807 | 211,700 |
ManpowerGroup, Inc. | 26,420 | 1,906,467 |
Matthews International Corp., Class A | 16,519 | 478,060 |
Maximus, Inc. | 32,861 | 2,749,151 |
MillerKnoll, Inc. | 41,625 | 1,271,644 |
Montrose Environmental Group, Inc. * | 14,529 | 601,210 |
MSA Safety, Inc. | 19,924 | 3,669,005 |
NV5 Global, Inc. * | 6,551 | 666,302 |
OPENLANE, Inc. * | 60,837 | 928,981 |
Parsons Corp. * | 21,867 | 1,762,699 |
Paychex, Inc. | 174,860 | 21,441,333 |
Paycom Software, Inc. | 26,593 | 4,850,297 |
Paycor HCM, Inc. * | 35,068 | 740,636 |
Paylocity Holding Corp. * | 24,073 | 4,058,949 |
Pitney Bowes, Inc. | 93,050 | 374,992 |
Planet Labs PBC * | 110,514 | 242,026 |
RB Global, Inc. | 98,842 | 7,503,096 |
Republic Services, Inc. | 111,374 | 20,448,266 |
Resources Connection, Inc. | 17,417 | 240,877 |
Robert Half, Inc. | 58,300 | 4,687,320 |
Rollins, Inc. | 151,927 | 6,695,423 |
Science Applications International Corp. | 29,071 | 4,068,777 |
SP Plus Corp. * | 10,407 | 535,024 |
SS&C Technologies Holdings, Inc. | 117,846 | 7,513,861 |
Steelcase, Inc., Class A | 51,746 | 710,990 |
Stericycle, Inc. * | 50,402 | 2,741,365 |
Sterling Check Corp. * | 20,870 | 327,033 |
Tetra Tech, Inc. | 28,817 | 5,109,830 |
TransUnion | 105,187 | 8,165,667 |
TriNet Group, Inc. * | 17,093 | 2,188,075 |
TrueBlue, Inc. * | 16,643 | 195,555 |
TTEC Holdings, Inc. | 9,975 | 174,064 |
UniFirst Corp. | 8,119 | 1,369,838 |
Upwork, Inc. * | 66,810 | 875,211 |
Veralto Corp. | 120,172 | 10,385,264 |
Verisk Analytics, Inc. | 79,609 | 19,257,417 |
Verra Mobility Corp. * | 91,689 | 1,982,316 |
Vestis Corp. | 70,520 | 1,322,955 |
Viad Corp. * | 11,119 | 413,960 |
VSE Corp. | 8,098 | 600,062 |
Waste Management, Inc. | 200,182 | 41,167,428 |
438,832,858 | ||
Consumer Discretionary Distribution & Retail 5.6% | ||
1-800-Flowers.com, Inc., Class A * | 17,167 | 178,880 |
Aaron's Co., Inc. | 18,490 | 143,297 |
Abercrombie & Fitch Co., Class A * | 27,442 | 3,505,990 |
Academy Sports & Outdoors, Inc. | 40,056 | 2,992,984 |
Advance Auto Parts, Inc. | 34,136 | 2,305,545 |
Amazon.com, Inc. * | 4,963,243 | 877,302,833 |
American Eagle Outfitters, Inc. | 100,394 | 2,384,357 |
America's Car-Mart, Inc. * | 3,259 | 219,461 |
Arhaus, Inc. * | 22,250 | 294,145 |
Arko Corp. | 41,278 | 269,545 |
Asbury Automotive Group, Inc. * | 11,064 | 2,310,495 |
AutoNation, Inc. * | 14,348 | 2,149,330 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
AutoZone, Inc. * | 9,627 | 28,938,955 |
BARK, Inc. *(a) | 52,345 | 62,814 |
Bath & Body Works, Inc. | 124,247 | 5,678,088 |
Best Buy Co., Inc. | 105,644 | 8,544,487 |
Beyond, Inc. * | 25,200 | 844,956 |
Big Lots, Inc. | 11,842 | 64,184 |
Boot Barn Holdings, Inc. * | 16,368 | 1,514,040 |
Buckle, Inc. | 16,039 | 656,637 |
Burlington Stores, Inc. * | 35,272 | 7,234,287 |
Caleres, Inc. | 19,693 | 760,347 |
Camping World Holdings, Inc., Class A | 23,796 | 635,115 |
CarMax, Inc. * | 85,964 | 6,791,156 |
CarParts.com, Inc. * | 31,234 | 79,647 |
Carvana Co. * | 56,854 | 4,316,924 |
Chewy, Inc., Class A * | 68,441 | 1,207,299 |
Children's Place, Inc. *(a) | 6,911 | 132,968 |
Designer Brands, Inc., Class A | 25,677 | 271,149 |
Dick's Sporting Goods, Inc. | 33,318 | 5,926,939 |
Dillard's, Inc., Class A | 1,761 | 730,340 |
eBay, Inc. | 283,832 | 13,419,577 |
Etsy, Inc. * | 65,885 | 4,723,296 |
Five Below, Inc. * | 30,421 | 6,104,886 |
Floor & Decor Holdings, Inc., Class A * | 57,805 | 7,001,342 |
Foot Locker, Inc. | 47,096 | 1,621,515 |
GameStop Corp., Class A *(a) | 145,990 | 2,083,277 |
Gap, Inc. | 120,282 | 2,278,141 |
Genesco, Inc. * | 6,608 | 210,927 |
Genuine Parts Co. | 76,577 | 11,429,883 |
Group 1 Automotive, Inc. | 7,474 | 2,022,838 |
Groupon, Inc. *(a) | 16,864 | 312,153 |
GrowGeneration Corp. * | 44,818 | 95,911 |
Guess?, Inc. | 17,853 | 453,109 |
Haverty Furniture Cos., Inc. | 8,044 | 275,909 |
Hibbett, Inc. | 7,082 | 580,370 |
Home Depot, Inc. | 545,800 | 207,736,938 |
Kohl's Corp. | 60,243 | 1,678,972 |
Lands' End, Inc. * | 7,423 | 72,226 |
Leslie's, Inc. * | 103,378 | 816,686 |
Lithia Motors, Inc. | 14,863 | 4,444,929 |
LKQ Corp. | 144,868 | 7,575,148 |
Lowe's Cos., Inc. | 314,968 | 75,803,349 |
Macy's, Inc. | 147,715 | 2,576,150 |
MarineMax, Inc. * | 12,158 | 403,646 |
Monro, Inc. | 17,108 | 574,316 |
Murphy USA, Inc. | 10,458 | 4,361,091 |
National Vision Holdings, Inc. * | 42,286 | 989,492 |
Nordstrom, Inc. | 52,368 | 1,098,157 |
ODP Corp. * | 18,452 | 1,042,169 |
Ollie's Bargain Outlet Holdings, Inc. * | 33,466 | 2,682,969 |
O'Reilly Automotive, Inc. * | 32,211 | 35,026,886 |
Penske Automotive Group, Inc. | 10,394 | 1,595,479 |
Petco Health & Wellness Co., Inc. * | 45,044 | 117,114 |
PetMed Express, Inc. | 12,811 | 64,824 |
Pool Corp. | 21,235 | 8,454,078 |
Qurate Retail, Inc. * | 189,549 | 267,264 |
Revolve Group, Inc. * | 22,803 | 500,070 |
RH * | 8,219 | 2,255,294 |
Ross Stores, Inc. | 184,718 | 27,515,593 |
Sally Beauty Holdings, Inc. * | 58,222 | 735,344 |
Savers Value Village, Inc. * | 12,213 | 247,191 |
Shoe Carnival, Inc. | 8,165 | 267,567 |
Signet Jewelers Ltd. | 24,571 | 2,500,345 |
Sleep Number Corp. * | 12,358 | 204,154 |
Sonic Automotive, Inc., Class A | 8,646 | 453,915 |
Sportsman's Warehouse Holdings, Inc. * | 19,118 | 69,016 |
Stitch Fix, Inc., Class A * | 44,805 | 144,720 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
TJX Cos., Inc. | 624,404 | 61,903,413 |
Tractor Supply Co. | 58,945 | 14,990,892 |
Ulta Beauty, Inc. * | 26,923 | 14,768,881 |
Upbound Group, Inc. | 26,302 | 887,955 |
Urban Outfitters, Inc. * | 29,654 | 1,232,124 |
Valvoline, Inc. * | 75,547 | 3,221,324 |
Victoria's Secret & Co. * | 41,958 | 1,198,320 |
Warby Parker, Inc., Class A * | 43,538 | 553,368 |
Wayfair, Inc., Class A * | 51,327 | 3,059,089 |
Williams-Sonoma, Inc. | 34,623 | 8,154,755 |
Winmark Corp. | 1,529 | 580,332 |
Zumiez, Inc. * | 8,189 | 144,290 |
1,524,030,163 | ||
Consumer Durables & Apparel 1.2% | ||
Acushnet Holdings Corp. | 17,078 | 1,100,165 |
AMMO, Inc. * | 44,174 | 105,134 |
Beazer Homes USA, Inc. * | 16,337 | 511,838 |
Brunswick Corp. | 37,035 | 3,236,859 |
Capri Holdings Ltd. * | 62,876 | 2,900,470 |
Carter's, Inc. | 20,204 | 1,635,514 |
Cavco Industries, Inc. * | 4,393 | 1,636,700 |
Century Communities, Inc. | 15,250 | 1,315,922 |
Columbia Sportswear Co. | 19,017 | 1,572,516 |
Crocs, Inc. * | 33,772 | 4,128,627 |
Deckers Outdoor Corp. * | 13,964 | 12,506,019 |
DR Horton, Inc. | 164,486 | 24,580,788 |
Dream Finders Homes, Inc., Class A * | 12,145 | 475,234 |
Ethan Allen Interiors, Inc. | 12,949 | 432,885 |
Figs, Inc., Class A * | 68,321 | 357,319 |
Funko, Inc., Class A * | 18,213 | 128,220 |
Garmin Ltd. | 84,035 | 11,542,207 |
G-III Apparel Group Ltd. * | 21,766 | 724,155 |
GoPro, Inc., Class A * | 68,860 | 161,132 |
Green Brick Partners, Inc. * | 14,683 | 858,956 |
Hanesbrands, Inc. * | 187,281 | 1,011,317 |
Hasbro, Inc. | 70,393 | 3,540,064 |
Helen of Troy Ltd. * | 13,147 | 1,643,375 |
Installed Building Products, Inc. | 12,727 | 3,040,862 |
iRobot Corp. *(a) | 15,135 | 172,690 |
Johnson Outdoors, Inc., Class A | 2,903 | 133,422 |
KB Home | 43,276 | 2,874,825 |
Kontoor Brands, Inc. | 26,747 | 1,581,015 |
Latham Group, Inc. * | 24,629 | 83,492 |
La-Z-Boy, Inc. | 23,145 | 879,279 |
Leggett & Platt, Inc. | 71,812 | 1,466,401 |
Lennar Corp., Class A | 143,133 | 22,688,012 |
Levi Strauss & Co., Class A | 54,782 | 995,389 |
LGI Homes, Inc. * | 11,113 | 1,267,882 |
Lululemon Athletica, Inc. * | 62,903 | 29,381,362 |
M/I Homes, Inc. * | 14,887 | 1,890,500 |
Malibu Boats, Inc., Class A * | 10,896 | 475,501 |
Mattel, Inc. * | 193,356 | 3,809,113 |
MDC Holdings, Inc. | 33,584 | 2,105,717 |
Meritage Homes Corp. | 20,011 | 3,154,934 |
Mohawk Industries, Inc. * | 28,786 | 3,414,595 |
Movado Group, Inc. | 8,138 | 233,642 |
Newell Brands, Inc. | 205,649 | 1,542,367 |
NIKE, Inc., Class B | 667,627 | 69,386,474 |
NVR, Inc. * | 1,736 | 13,237,990 |
Oxford Industries, Inc. | 7,785 | 789,321 |
Peloton Interactive, Inc., Class A * | 184,496 | 833,922 |
Polaris, Inc. | 29,109 | 2,698,695 |
PulteGroup, Inc. | 117,838 | 12,771,282 |
PVH Corp. | 32,710 | 4,470,476 |
Ralph Lauren Corp. | 21,424 | 3,983,150 |
Skechers USA, Inc., Class A * | 73,161 | 4,522,081 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Skyline Champion Corp. * | 28,930 | 2,424,045 |
Smith & Wesson Brands, Inc. | 24,486 | 336,193 |
Snap One Holdings Corp. * | 10,491 | 86,865 |
Solo Brands, Inc., Class A * | 14,659 | 39,579 |
Sonos, Inc. * | 70,531 | 1,337,268 |
Steven Madden Ltd. | 38,797 | 1,661,288 |
Sturm Ruger & Co., Inc. | 9,596 | 415,699 |
Tapestry, Inc. | 125,896 | 5,983,837 |
Taylor Morrison Home Corp. * | 59,175 | 3,349,897 |
Tempur Sealy International, Inc. | 93,860 | 5,112,554 |
Toll Brothers, Inc. | 58,256 | 6,678,468 |
TopBuild Corp. * | 17,476 | 7,031,993 |
Topgolf Callaway Brands Corp. * | 76,144 | 1,084,291 |
Traeger, Inc. * | 32,516 | 72,186 |
Tri Pointe Homes, Inc. * | 53,972 | 1,909,529 |
Tupperware Brands Corp. *(a) | 22,188 | 29,288 |
Under Armour, Inc., Class A * | 199,818 | 1,790,369 |
VF Corp. | 179,191 | 2,927,981 |
Vista Outdoor, Inc. * | 31,623 | 986,638 |
Vizio Holding Corp., Class A * | 56,069 | 617,320 |
Whirlpool Corp. | 29,648 | 3,183,899 |
Wolverine World Wide, Inc. | 43,397 | 441,347 |
Worthington Enterprises, Inc. | 16,400 | 1,018,768 |
YETI Holdings, Inc. * | 47,133 | 1,934,338 |
320,443,447 | ||
Consumer Services 2.3% | ||
2U, Inc. *(a) | 31,624 | 14,250 |
Accel Entertainment, Inc. * | 28,914 | 327,596 |
ADT, Inc. | 115,199 | 836,345 |
Adtalem Global Education, Inc. * | 21,337 | 1,056,181 |
Airbnb, Inc., Class A * | 236,609 | 37,258,819 |
Aramark | 141,325 | 4,286,387 |
Bally's Corp. * | 15,135 | 170,117 |
BJ's Restaurants, Inc. * | 12,634 | 442,443 |
Bloomin' Brands, Inc. | 47,607 | 1,293,958 |
Booking Holdings, Inc. * | 19,020 | 65,977,147 |
Bowlero Corp., Class A (a) | 28,155 | 350,530 |
Boyd Gaming Corp. | 37,993 | 2,512,477 |
Bright Horizons Family Solutions, Inc. * | 31,409 | 3,607,638 |
Brinker International, Inc. * | 23,482 | 1,088,156 |
Caesars Entertainment, Inc. * | 116,699 | 5,072,906 |
Carnival Corp. * | 548,164 | 8,693,881 |
Carriage Services, Inc. | 7,528 | 186,845 |
Cava Group, Inc. * | 8,003 | 467,455 |
Cheesecake Factory, Inc. | 25,451 | 900,456 |
Chegg, Inc. * | 63,356 | 566,403 |
Chipotle Mexican Grill, Inc. * | 14,940 | 40,170,224 |
Choice Hotels International, Inc. | 13,410 | 1,501,115 |
Churchill Downs, Inc. | 36,948 | 4,502,853 |
Chuy's Holdings, Inc. * | 10,259 | 347,062 |
Coursera, Inc. * | 56,377 | 905,978 |
Cracker Barrel Old Country Store, Inc. | 12,008 | 794,089 |
Darden Restaurants, Inc. | 65,657 | 11,208,306 |
Dave & Buster's Entertainment, Inc. * | 17,981 | 1,110,147 |
Denny's Corp. * | 31,913 | 294,557 |
Dine Brands Global, Inc. | 8,159 | 395,793 |
Domino's Pizza, Inc. | 18,938 | 8,490,852 |
DoorDash, Inc., Class A * | 166,191 | 20,702,413 |
DraftKings, Inc., Class A * | 255,285 | 11,058,946 |
Duolingo, Inc. * | 19,204 | 4,589,756 |
Dutch Bros, Inc., Class A * | 33,719 | 982,234 |
El Pollo Loco Holdings, Inc. * | 11,716 | 106,147 |
European Wax Center, Inc., Class A * | 19,358 | 274,496 |
Everi Holdings, Inc. * | 48,279 | 572,589 |
Expedia Group, Inc. * | 72,495 | 9,918,766 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
First Watch Restaurant Group, Inc. * | 12,673 | 317,459 |
Frontdoor, Inc. * | 44,943 | 1,409,412 |
Global Business Travel Group I * | 25,451 | 152,706 |
Golden Entertainment, Inc. | 11,848 | 439,087 |
Graham Holdings Co., Class B | 1,972 | 1,384,995 |
Grand Canyon Education, Inc. * | 16,205 | 2,184,434 |
H&R Block, Inc. | 78,141 | 3,825,002 |
Hilton Grand Vacations, Inc. * | 38,736 | 1,738,472 |
Hilton Worldwide Holdings, Inc. | 140,025 | 28,609,908 |
Hyatt Hotels Corp., Class A | 24,252 | 3,724,865 |
Jack in the Box, Inc. | 11,388 | 831,324 |
Krispy Kreme, Inc. | 45,879 | 593,674 |
Kura Sushi USA, Inc., Class A * | 2,998 | 284,900 |
Las Vegas Sands Corp. | 201,020 | 10,959,610 |
Laureate Education, Inc. | 72,377 | 970,576 |
Life Time Group Holdings, Inc. * | 30,012 | 412,365 |
Light & Wonder, Inc. * | 49,552 | 4,980,472 |
Lindblad Expeditions Holdings, Inc. * | 20,550 | 190,498 |
Marriott International, Inc., Class A | 134,215 | 33,536,302 |
Marriott Vacations Worldwide Corp. | 18,371 | 1,711,993 |
McDonald's Corp. | 395,868 | 115,704,299 |
MGM Resorts International * | 149,308 | 6,462,050 |
Mister Car Wash, Inc. * | 57,927 | 480,215 |
Monarch Casino & Resort, Inc. | 7,088 | 498,641 |
Norwegian Cruise Line Holdings Ltd. * | 231,985 | 4,498,189 |
OneSpaWorld Holdings Ltd. * | 47,074 | 613,845 |
Papa John's International, Inc. | 17,672 | 1,270,440 |
Penn Entertainment, Inc. * | 83,142 | 1,521,499 |
Perdoceo Education Corp. | 35,544 | 633,039 |
Planet Fitness, Inc., Class A * | 46,312 | 2,873,660 |
Playa Hotels & Resorts NV * | 66,733 | 613,276 |
Portillo's, Inc., Class A * | 27,938 | 405,939 |
RCI Hospitality Holdings, Inc. | 4,568 | 257,452 |
Red Rock Resorts, Inc., Class A | 26,233 | 1,521,252 |
Royal Caribbean Cruises Ltd. * | 128,967 | 15,908,079 |
Rush Street Interactive, Inc. * | 28,668 | 167,708 |
Sabre Corp. * | 218,910 | 580,111 |
Service Corp. International | 80,624 | 5,900,871 |
Shake Shack, Inc., Class A * | 20,608 | 2,191,043 |
Six Flags Entertainment Corp. * | 39,769 | 1,007,746 |
Starbucks Corp. | 623,896 | 59,207,730 |
Strategic Education, Inc. | 12,444 | 1,378,671 |
Stride, Inc. * | 22,773 | 1,360,687 |
Sweetgreen, Inc., Class A * | 49,734 | 633,611 |
Target Hospitality Corp. * | 20,564 | 199,060 |
Texas Roadhouse, Inc. | 36,496 | 5,451,408 |
Travel & Leisure Co. | 41,672 | 1,862,322 |
Udemy, Inc. * | 49,835 | 563,135 |
United Parks & Resorts, Inc. * | 18,855 | 968,204 |
Vacasa, Inc., Class A * | 2,559 | 24,183 |
Vail Resorts, Inc. | 20,863 | 4,804,958 |
Wendy's Co. | 91,374 | 1,654,783 |
Wingstop, Inc. | 16,176 | 5,678,585 |
WW International, Inc. * | 47,245 | 147,404 |
Wyndham Hotels & Resorts, Inc. | 45,095 | 3,452,022 |
Wynn Resorts Ltd. | 52,424 | 5,515,005 |
Xponential Fitness, Inc., Class A * | 13,943 | 140,545 |
Yum! Brands, Inc. | 153,440 | 21,239,165 |
628,685,199 | ||
Consumer Staples Distribution & Retail 1.8% | ||
Albertsons Cos., Inc., Class A | 220,463 | 4,470,990 |
Andersons, Inc. | 17,242 | 953,138 |
BJ's Wholesale Club Holdings, Inc. * | 72,846 | 5,320,672 |
Casey's General Stores, Inc. | 20,617 | 6,277,670 |
Chefs' Warehouse, Inc. * | 18,899 | 718,351 |
Costco Wholesale Corp. | 241,575 | 179,705,227 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Dollar General Corp. | 119,679 | 17,390,555 |
Dollar Tree, Inc. * | 114,249 | 16,758,043 |
Grocery Outlet Holding Corp. * | 53,569 | 1,381,545 |
Ingles Markets, Inc., Class A | 7,780 | 599,138 |
Kroger Co. | 360,959 | 17,907,176 |
Performance Food Group Co. * | 84,903 | 6,518,003 |
PriceSmart, Inc. | 13,853 | 1,165,591 |
SpartanNash Co. | 18,806 | 396,242 |
Sprouts Farmers Market, Inc. * | 56,134 | 3,505,007 |
Sysco Corp. | 275,601 | 22,315,413 |
Target Corp. | 251,775 | 38,501,433 |
U.S. Foods Holding Corp. * | 123,234 | 6,259,055 |
United Natural Foods, Inc. * | 31,690 | 494,681 |
Walgreens Boots Alliance, Inc. | 390,242 | 8,296,545 |
Walmart, Inc. | 2,335,040 | 136,856,694 |
Weis Markets, Inc. | 8,555 | 555,562 |
476,346,731 | ||
Energy 3.8% | ||
Antero Midstream Corp. | 183,478 | 2,458,605 |
Antero Resources Corp. * | 153,675 | 3,949,448 |
APA Corp. | 170,471 | 5,078,331 |
Archrock, Inc. | 75,778 | 1,384,464 |
Atlas Energy Solutions, Inc. | 31,256 | 589,488 |
Baker Hughes Co. | 547,552 | 16,202,064 |
Berry Corp. | 35,000 | 246,750 |
Bristow Group, Inc. * | 12,344 | 332,671 |
Cactus, Inc., Class A | 34,875 | 1,600,763 |
California Resources Corp. | 34,953 | 1,823,498 |
Callon Petroleum Co. * | 30,449 | 948,791 |
Centrus Energy Corp., Class A * | 6,909 | 281,818 |
ChampionX Corp. | 107,420 | 3,336,465 |
Cheniere Energy, Inc. | 129,962 | 20,170,102 |
Chesapeake Energy Corp. | 60,923 | 5,043,206 |
Chevron Corp. | 958,163 | 145,650,358 |
Chord Energy Corp. | 23,273 | 3,780,699 |
Civitas Resources, Inc. | 46,265 | 3,177,480 |
Clean Energy Fuels Corp. * | 100,463 | 296,366 |
CNX Resources Corp. * | 89,494 | 1,874,899 |
Comstock Resources, Inc. | 48,010 | 410,486 |
ConocoPhillips | 647,917 | 72,916,579 |
CONSOL Energy, Inc. | 15,854 | 1,360,590 |
Core Laboratories, Inc. | 25,088 | 375,567 |
Coterra Energy, Inc. | 412,842 | 10,643,067 |
Crescent Energy Co., Class A | 50,059 | 559,660 |
CVR Energy, Inc. | 15,406 | 511,171 |
Delek U.S. Holdings, Inc. | 31,717 | 809,101 |
Devon Energy Corp. | 347,916 | 15,329,179 |
Diamond Offshore Drilling, Inc. * | 56,193 | 623,180 |
Diamondback Energy, Inc. | 97,767 | 17,844,433 |
DMC Global, Inc. * | 9,984 | 166,533 |
Dorian LPG Ltd. | 18,348 | 663,280 |
Dril-Quip, Inc. * | 18,642 | 421,309 |
DT Midstream, Inc. | 52,645 | 3,033,931 |
EOG Resources, Inc. | 318,258 | 36,427,811 |
EQT Corp. | 224,778 | 8,350,503 |
Equitrans Midstream Corp. | 235,170 | 2,513,967 |
Excelerate Energy, Inc., Class A | 9,336 | 146,575 |
Expro Group Holdings NV * | 46,550 | 832,780 |
Exxon Mobil Corp. | 2,186,599 | 228,543,327 |
Granite Ridge Resources, Inc. | 24,980 | 153,627 |
Green Plains, Inc. * | 33,184 | 706,819 |
Gulfport Energy Corp. * | 5,259 | 746,725 |
Halliburton Co. | 487,254 | 17,087,998 |
Helix Energy Solutions Group, Inc. * | 78,975 | 710,775 |
Helmerich & Payne, Inc. | 53,584 | 2,057,090 |
Hess Corp. | 150,324 | 21,909,723 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
HF Sinclair Corp. | 84,698 | 4,700,739 |
HighPeak Energy, Inc. (a) | 14,355 | 237,862 |
International Seaways, Inc. | 21,716 | 1,149,428 |
Kinder Morgan, Inc. | 1,050,274 | 18,264,265 |
Kinetik Holdings, Inc. | 12,156 | 429,350 |
Kodiak Gas Services, Inc. | 9,123 | 232,637 |
Kosmos Energy Ltd. * | 248,567 | 1,526,201 |
Liberty Energy, Inc. | 82,136 | 1,756,068 |
Magnolia Oil & Gas Corp., Class A | 102,421 | 2,322,908 |
Marathon Oil Corp. | 322,619 | 7,823,511 |
Marathon Petroleum Corp. | 207,474 | 35,110,825 |
Matador Resources Co. | 60,010 | 3,789,632 |
Murphy Oil Corp. | 80,088 | 3,177,091 |
Nabors Industries Ltd. * | 4,885 | 382,837 |
New Fortress Energy, Inc. | 35,711 | 1,255,242 |
NextDecade Corp. * | 42,037 | 192,950 |
Noble Corp. PLC | 58,722 | 2,455,167 |
Northern Oil & Gas, Inc. | 49,084 | 1,753,771 |
NOV, Inc. | 213,450 | 3,607,305 |
Occidental Petroleum Corp. | 359,788 | 21,806,751 |
Oceaneering International, Inc. * | 56,259 | 1,111,678 |
ONEOK, Inc. | 317,032 | 23,815,444 |
Ovintiv, Inc. | 137,398 | 6,788,835 |
Par Pacific Holdings, Inc. * | 29,588 | 1,068,719 |
Patterson-UTI Energy, Inc. | 173,555 | 2,008,031 |
PBF Energy, Inc., Class A | 59,489 | 2,778,136 |
Peabody Energy Corp. | 62,391 | 1,545,425 |
Permian Resources Corp. | 226,291 | 3,521,088 |
Phillips 66 | 239,566 | 34,140,551 |
Pioneer Natural Resources Co. | 126,983 | 29,865,132 |
ProFrac Holding Corp., Class A * | 6,710 | 54,888 |
ProPetro Holding Corp. * | 41,615 | 307,951 |
Range Resources Corp. | 130,758 | 4,134,568 |
REX American Resources Corp. * | 8,132 | 357,645 |
Riley Exploration Permian, Inc. | 3,462 | 81,876 |
RPC, Inc. | 46,388 | 342,807 |
SandRidge Energy, Inc. | 16,923 | 220,676 |
Schlumberger NV | 778,739 | 37,636,456 |
Select Water Solutions, Inc. | 45,289 | 386,768 |
SilverBow Resources, Inc. * | 6,636 | 188,396 |
Sitio Royalties Corp., Class A | 44,572 | 1,017,133 |
SM Energy Co. | 63,344 | 2,772,567 |
Southwestern Energy Co. * | 594,594 | 4,144,320 |
Talos Energy, Inc. * | 71,364 | 941,291 |
Targa Resources Corp. | 121,241 | 11,910,716 |
TechnipFMC PLC | 239,727 | 5,199,679 |
Tellurian, Inc. * | 409,446 | 325,059 |
TETRA Technologies, Inc. * | 63,736 | 248,570 |
Texas Pacific Land Corp. | 3,427 | 5,398,964 |
Tidewater, Inc. * | 26,088 | 1,826,943 |
Transocean Ltd. * | 396,750 | 1,860,758 |
U.S. Silica Holdings, Inc. * | 41,008 | 471,592 |
Uranium Energy Corp. * | 217,023 | 1,406,309 |
Valaris Ltd. * | 34,485 | 2,174,279 |
Valero Energy Corp. | 186,445 | 26,374,510 |
Vital Energy, Inc. * | 15,048 | 757,366 |
Weatherford International PLC * | 39,117 | 4,013,795 |
Williams Cos., Inc. | 665,109 | 23,904,017 |
World Kinect Corp. | 33,601 | 818,520 |
1,021,978,050 | ||
Equity Real Estate Investment Trusts (REITs) 2.5% | ||
Acadia Realty Trust | 51,760 | 848,346 |
Agree Realty Corp. | 55,359 | 3,041,977 |
Alexander & Baldwin, Inc. | 38,680 | 628,937 |
Alexander's, Inc. | 1,052 | 232,545 |
Alexandria Real Estate Equities, Inc. | 85,546 | 10,670,153 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
American Assets Trust, Inc. | 27,946 | 602,795 |
American Homes 4 Rent, Class A | 174,155 | 6,445,477 |
American Tower Corp. | 254,122 | 50,534,701 |
Americold Realty Trust, Inc. | 145,256 | 3,674,977 |
Apartment Income REIT Corp. | 81,142 | 2,460,225 |
Apartment Investment & Management Co., Class A * | 80,568 | 594,592 |
Apple Hospitality REIT, Inc. | 114,409 | 1,840,841 |
Armada Hoffler Properties, Inc. | 34,840 | 354,671 |
AvalonBay Communities, Inc. | 77,156 | 13,658,927 |
Boston Properties, Inc. | 78,072 | 5,052,820 |
Brandywine Realty Trust | 94,602 | 406,789 |
Brixmor Property Group, Inc. | 162,973 | 3,684,820 |
Broadstone Net Lease, Inc. | 102,130 | 1,522,758 |
Camden Property Trust | 58,021 | 5,481,824 |
CareTrust REIT, Inc. | 66,305 | 1,495,841 |
CBL & Associates Properties, Inc. | 13,310 | 306,929 |
Centerspace | 8,139 | 452,447 |
Chatham Lodging Trust | 25,187 | 256,907 |
City Office REIT, Inc. | 26,880 | 123,110 |
Community Healthcare Trust, Inc. | 13,532 | 367,259 |
COPT Defense Properties | 60,858 | 1,474,589 |
Cousins Properties, Inc. | 82,667 | 1,885,634 |
Crown Castle, Inc. | 237,295 | 26,088,212 |
CubeSmart | 122,379 | 5,336,948 |
DiamondRock Hospitality Co. | 111,491 | 1,048,015 |
Digital Realty Trust, Inc. | 165,065 | 24,233,193 |
Diversified Healthcare Trust | 122,631 | 402,230 |
Douglas Emmett, Inc. | 91,474 | 1,209,286 |
Easterly Government Properties, Inc. | 53,139 | 627,040 |
EastGroup Properties, Inc. | 25,312 | 4,447,065 |
Elme Communities | 47,795 | 615,600 |
Empire State Realty Trust, Inc., Class A | 69,595 | 693,862 |
EPR Properties | 41,056 | 1,686,581 |
Equinix, Inc. | 51,251 | 45,552,914 |
Equity Commonwealth * | 59,486 | 1,120,121 |
Equity LifeStyle Properties, Inc. | 100,717 | 6,780,268 |
Equity Residential | 188,857 | 11,371,080 |
Essential Properties Realty Trust, Inc. | 85,690 | 2,047,134 |
Essex Property Trust, Inc. | 34,942 | 8,085,579 |
Extra Space Storage, Inc. | 114,880 | 16,194,634 |
Federal Realty Investment Trust | 39,591 | 3,992,752 |
First Industrial Realty Trust, Inc. | 71,768 | 3,803,704 |
Four Corners Property Trust, Inc. | 46,899 | 1,134,018 |
Franklin Street Properties Corp., Class C | 53,659 | 127,172 |
Gaming & Leisure Properties, Inc. | 146,155 | 6,647,129 |
Getty Realty Corp. | 28,665 | 755,609 |
Gladstone Commercial Corp. | 22,909 | 283,613 |
Global Medical REIT, Inc. | 34,403 | 307,907 |
Global Net Lease, Inc. | 106,765 | 769,776 |
Healthcare Realty Trust, Inc. | 207,534 | 2,859,819 |
Healthpeak Properties, Inc. | 294,049 | 4,925,321 |
Highwoods Properties, Inc. | 57,752 | 1,412,036 |
Host Hotels & Resorts, Inc. | 380,761 | 7,896,983 |
Hudson Pacific Properties, Inc. | 69,957 | 443,527 |
Independence Realty Trust, Inc. | 122,040 | 1,786,666 |
Industrial Logistics Properties Trust | 32,726 | 125,341 |
Innovative Industrial Properties, Inc. | 15,297 | 1,498,953 |
InvenTrust Properties Corp. | 37,268 | 941,017 |
Invitation Homes, Inc. | 315,661 | 10,754,570 |
Iron Mountain, Inc. | 158,590 | 12,471,518 |
JBG SMITH Properties | 51,542 | 854,566 |
Kilroy Realty Corp. | 57,658 | 2,184,662 |
Kimco Realty Corp. | 361,638 | 7,145,967 |
Kite Realty Group Trust | 118,601 | 2,539,247 |
Lamar Advertising Co., Class A | 47,728 | 5,276,330 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
LTC Properties, Inc. | 22,367 | 703,666 |
LXP Industrial Trust | 159,258 | 1,379,174 |
Macerich Co. | 118,613 | 1,946,439 |
Medical Properties Trust, Inc. (a) | 325,832 | 1,371,753 |
Mid-America Apartment Communities, Inc. | 63,261 | 7,950,643 |
National Health Investors, Inc. | 23,802 | 1,367,901 |
National Storage Affiliates Trust | 41,491 | 1,485,793 |
NETSTREIT Corp. | 34,840 | 585,660 |
NexPoint Diversified Real Estate Trust | 19,265 | 121,947 |
NexPoint Residential Trust, Inc. | 12,409 | 362,467 |
NNN REIT, Inc. | 98,103 | 3,991,811 |
Office Properties Income Trust | 32,122 | 85,766 |
Omega Healthcare Investors, Inc. | 132,214 | 4,114,500 |
One Liberty Properties, Inc. | 10,024 | 202,886 |
Orion Office REIT, Inc. | 36,480 | 128,045 |
Outfront Media, Inc. | 80,527 | 1,157,173 |
Paramount Group, Inc. | 96,311 | 426,658 |
Park Hotels & Resorts, Inc. | 117,432 | 1,949,371 |
Peakstone Realty Trust | 19,530 | 268,928 |
Pebblebrook Hotel Trust | 67,894 | 1,075,441 |
Phillips Edison & Co., Inc. | 63,906 | 2,282,722 |
Physicians Realty Trust | 130,411 | 1,464,516 |
Piedmont Office Realty Trust, Inc., Class A | 68,160 | 427,363 |
Plymouth Industrial REIT, Inc. | 18,341 | 395,615 |
PotlatchDeltic Corp. | 43,178 | 1,952,077 |
Prologis, Inc. | 504,276 | 67,204,863 |
Public Storage | 86,167 | 24,460,226 |
Rayonier, Inc. | 73,314 | 2,524,201 |
Realty Income Corp. | 453,712 | 23,642,932 |
Regency Centers Corp. | 89,518 | 5,545,640 |
Retail Opportunity Investments Corp. | 67,412 | 871,637 |
Rexford Industrial Realty, Inc. | 115,721 | 5,887,885 |
RLJ Lodging Trust | 88,521 | 1,050,744 |
Ryman Hospitality Properties, Inc. | 33,080 | 3,919,318 |
Sabra Health Care REIT, Inc. | 128,943 | 1,789,729 |
Safehold, Inc. | 28,553 | 574,486 |
Saul Centers, Inc. | 7,449 | 269,579 |
SBA Communications Corp. | 59,005 | 12,345,616 |
Service Properties Trust | 91,182 | 620,038 |
Simon Property Group, Inc. | 177,842 | 26,345,514 |
SITE Centers Corp. | 98,392 | 1,336,163 |
SL Green Realty Corp. (a) | 36,191 | 1,754,540 |
STAG Industrial, Inc. | 100,789 | 3,743,304 |
Summit Hotel Properties, Inc. | 58,513 | 375,653 |
Sun Communities, Inc. | 67,707 | 9,056,488 |
Sunstone Hotel Investors, Inc. | 112,265 | 1,256,245 |
Tanger, Inc. | 56,938 | 1,640,384 |
Terreno Realty Corp. | 45,008 | 2,894,014 |
UDR, Inc. | 164,090 | 5,825,195 |
UMH Properties, Inc. | 31,257 | 481,358 |
Uniti Group, Inc. | 136,813 | 801,724 |
Universal Health Realty Income Trust | 6,510 | 252,458 |
Urban Edge Properties | 64,942 | 1,104,663 |
Ventas, Inc. | 220,706 | 9,333,657 |
Veris Residential, Inc. | 43,294 | 632,092 |
VICI Properties, Inc. | 562,882 | 16,847,058 |
Vornado Realty Trust | 86,929 | 2,286,233 |
Welltower, Inc. | 302,067 | 27,838,495 |
Weyerhaeuser Co. | 398,994 | 13,717,414 |
WP Carey, Inc. | 118,193 | 6,657,812 |
Xenia Hotels & Resorts, Inc. | 60,836 | 933,224 |
679,597,753 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Financial Services 7.8% | ||
Affiliated Managers Group, Inc. | 18,587 | 2,905,334 |
Affirm Holdings, Inc. * | 120,384 | 4,516,808 |
AGNC Investment Corp. | 371,679 | 3,553,251 |
Alerus Financial Corp. | 10,076 | 219,758 |
Ally Financial, Inc. | 147,285 | 5,448,072 |
AlTi Global, Inc. * | 12,545 | 73,514 |
A-Mark Precious Metals, Inc. | 9,452 | 242,822 |
American Express Co. | 313,934 | 68,883,398 |
Ameriprise Financial, Inc. | 55,263 | 22,511,936 |
Annaly Capital Management, Inc. | 269,803 | 5,150,539 |
Apollo Commercial Real Estate Finance, Inc. | 69,342 | 777,324 |
Apollo Global Management, Inc. | 238,349 | 26,647,418 |
Arbor Realty Trust, Inc. (a) | 98,388 | 1,318,399 |
ARES Management Corp., Class A | 92,608 | 12,282,599 |
ARMOUR Residential REIT, Inc. (a) | 31,811 | 629,858 |
Artisan Partners Asset Management, Inc., Class A | 37,378 | 1,609,870 |
AssetMark Financial Holdings, Inc. * | 11,100 | 392,385 |
AvidXchange Holdings, Inc. * | 92,958 | 1,235,412 |
B Riley Financial, Inc. (a) | 9,211 | 168,838 |
Bank of New York Mellon Corp. | 418,112 | 23,451,902 |
Berkshire Hathaway, Inc., Class B * | 993,005 | 406,536,247 |
BGC Group, Inc., Class A | 211,936 | 1,472,955 |
BlackRock, Inc. | 76,315 | 61,917,412 |
Blackstone Mortgage Trust, Inc., Class A (a) | 93,432 | 1,903,210 |
Blackstone, Inc. | 387,907 | 49,582,273 |
Block, Inc. * | 301,890 | 23,991,198 |
Blue Owl Capital, Inc. | 220,886 | 3,967,113 |
Bread Financial Holdings, Inc. | 27,681 | 1,059,629 |
Brightsphere Investment Group, Inc. | 16,580 | 375,703 |
BrightSpire Capital, Inc. | 69,703 | 481,648 |
Cannae Holdings, Inc. * | 40,200 | 877,164 |
Cantaloupe, Inc. * | 28,574 | 185,731 |
Capital One Financial Corp. | 207,751 | 28,588,615 |
Carlyle Group, Inc. | 118,365 | 5,427,035 |
Cass Information Systems, Inc. | 6,983 | 337,419 |
Cboe Global Markets, Inc. | 57,941 | 11,124,672 |
Charles Schwab Corp. (b) | 805,640 | 53,800,639 |
Chimera Investment Corp. | 131,656 | 574,020 |
Claros Mortgage Trust, Inc. | 65,959 | 638,483 |
CME Group, Inc. | 196,309 | 43,256,688 |
Cohen & Steers, Inc. | 13,993 | 1,029,185 |
Coinbase Global, Inc., Class A * | 93,092 | 18,949,808 |
Corebridge Financial, Inc. | 130,544 | 3,241,408 |
Credit Acceptance Corp. * | 3,424 | 1,895,526 |
Diamond Hill Investment Group, Inc. | 1,690 | 244,509 |
Discover Financial Services | 136,766 | 16,507,656 |
Donnelley Financial Solutions, Inc. * | 13,883 | 896,286 |
Dynex Capital, Inc. (a) | 29,196 | 360,279 |
Ellington Financial, Inc. | 42,401 | 480,403 |
Enact Holdings, Inc. | 19,803 | 548,939 |
Encore Capital Group, Inc. * | 12,645 | 606,960 |
Enova International, Inc. * | 16,712 | 1,057,034 |
Equitable Holdings, Inc. | 172,422 | 5,903,729 |
Essent Group Ltd. | 57,512 | 3,080,918 |
Euronet Worldwide, Inc. * | 24,127 | 2,640,459 |
Evercore, Inc., Class A | 18,592 | 3,478,191 |
EVERTEC, Inc. | 34,939 | 1,262,346 |
FactSet Research Systems, Inc. | 20,819 | 9,630,453 |
Federal Agricultural Mortgage Corp., Class C | 5,442 | 973,411 |
Federated Hermes, Inc. | 49,150 | 1,731,555 |
Fidelity National Information Services, Inc. | 323,801 | 22,403,791 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
FirstCash Holdings, Inc. | 19,978 | 2,287,481 |
Fiserv, Inc. * | 327,626 | 48,904,733 |
FleetCor Technologies, Inc. * | 39,340 | 10,986,482 |
Flywire Corp. * | 57,240 | 1,625,044 |
Forge Global Holdings, Inc. * | 56,209 | 116,915 |
Franklin BSP Realty Trust, Inc. | 44,259 | 571,384 |
Franklin Resources, Inc. | 154,898 | 4,251,950 |
Global Payments, Inc. | 142,067 | 18,426,090 |
Goldman Sachs Group, Inc. | 178,004 | 69,252,456 |
Granite Point Mortgage Trust, Inc. | 28,594 | 135,536 |
Green Dot Corp., Class A * | 25,338 | 208,025 |
Hamilton Lane, Inc., Class A | 20,095 | 2,307,911 |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 62,089 | 1,562,780 |
Houlihan Lokey, Inc. | 28,494 | 3,666,038 |
Interactive Brokers Group, Inc., Class A | 57,976 | 6,303,151 |
Intercontinental Exchange, Inc. | 312,432 | 43,246,837 |
International Money Express, Inc. * | 17,041 | 335,708 |
Invesco Ltd. | 242,660 | 3,739,391 |
Invesco Mortgage Capital, Inc. | 21,933 | 198,055 |
Jack Henry & Associates, Inc. | 39,729 | 6,903,708 |
Jackson Financial, Inc., Class A | 39,274 | 2,162,034 |
Janus Henderson Group PLC | 72,222 | 2,250,438 |
Jefferies Financial Group, Inc. | 92,456 | 3,866,510 |
KKR & Co., Inc. | 362,253 | 35,594,980 |
KKR Real Estate Finance Trust, Inc. | 30,784 | 300,144 |
Ladder Capital Corp. | 58,279 | 629,996 |
Lazard, Inc., Class A | 62,084 | 2,392,717 |
LendingClub Corp. * | 56,740 | 460,161 |
LendingTree, Inc. * | 5,642 | 223,254 |
LPL Financial Holdings, Inc. | 41,370 | 11,082,609 |
MarketAxess Holdings, Inc. | 20,830 | 4,445,330 |
Marqeta, Inc., Class A * | 240,387 | 1,569,727 |
Mastercard, Inc., Class A | 451,943 | 214,564,459 |
Merchants Bancorp | 13,547 | 580,624 |
MFA Financial, Inc. | 59,352 | 665,929 |
MGIC Investment Corp. | 151,498 | 3,013,295 |
Moelis & Co., Class A | 36,428 | 1,968,569 |
Moneylion, Inc. * | 2,607 | 130,454 |
Moody's Corp. | 85,868 | 32,580,037 |
Morgan Stanley | 689,747 | 59,345,832 |
Morningstar, Inc. | 14,049 | 4,194,891 |
Mr Cooper Group, Inc. * | 36,495 | 2,601,364 |
MSCI, Inc. | 43,095 | 24,175,002 |
Nasdaq, Inc. | 184,212 | 10,352,714 |
Navient Corp. | 46,257 | 752,139 |
NCR Atleos Corp. * | 36,071 | 784,905 |
Nelnet, Inc., Class A | 9,664 | 829,848 |
NerdWallet, Inc., Class A * | 27,400 | 462,238 |
New York Mortgage Trust, Inc. | 52,933 | 381,647 |
NewtekOne, Inc. (a) | 13,937 | 160,833 |
NMI Holdings, Inc., Class A * | 44,351 | 1,334,078 |
Northern Trust Corp. | 112,539 | 9,242,828 |
OneMain Holdings, Inc. | 65,200 | 3,079,396 |
Open Lending Corp., Class A * | 55,119 | 400,164 |
Payoneer Global, Inc. * | 141,255 | 686,499 |
PayPal Holdings, Inc. * | 587,391 | 35,443,173 |
PennyMac Financial Services, Inc. | 15,827 | 1,344,187 |
PennyMac Mortgage Investment Trust | 47,820 | 675,697 |
Piper Sandler Cos. | 7,878 | 1,483,191 |
PJT Partners, Inc., Class A | 11,657 | 1,228,648 |
PRA Group, Inc. * | 20,642 | 527,610 |
PROG Holdings, Inc. * | 25,240 | 779,159 |
Radian Group, Inc. | 85,480 | 2,490,887 |
Raymond James Financial, Inc. | 102,157 | 12,291,530 |
Ready Capital Corp. | 85,485 | 754,833 |
Redwood Trust, Inc. | 64,818 | 397,334 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Remitly Global, Inc. * | 71,755 | 1,479,588 |
Repay Holdings Corp. * | 41,273 | 358,662 |
Rithm Capital Corp. | 261,328 | 2,832,796 |
Robinhood Markets, Inc., Class A * | 284,924 | 4,647,110 |
Rocket Cos., Inc., Class A * | 69,650 | 874,804 |
S&P Global, Inc. | 176,867 | 75,766,285 |
SEI Investments Co. | 54,785 | 3,684,291 |
Shift4 Payments, Inc., Class A * | 31,155 | 2,561,564 |
SLM Corp. | 122,595 | 2,553,654 |
SoFi Technologies, Inc. * | 528,663 | 4,747,394 |
Starwood Property Trust, Inc. | 164,001 | 3,343,980 |
State Street Corp. | 168,689 | 12,437,440 |
StepStone Group, Inc., Class A | 27,466 | 953,894 |
Stifel Financial Corp. | 56,171 | 4,261,132 |
StoneX Group, Inc. * | 14,050 | 973,103 |
Synchrony Financial | 226,247 | 9,344,001 |
T Rowe Price Group, Inc. | 121,523 | 13,774,632 |
Toast, Inc., Class A * | 209,733 | 4,823,859 |
TPG RE Finance Trust, Inc. | 33,508 | 250,640 |
TPG, Inc. | 41,769 | 1,852,455 |
Tradeweb Markets, Inc., Class A | 62,392 | 6,602,321 |
Two Harbors Investment Corp. | 54,810 | 694,443 |
Upstart Holdings, Inc. *(a) | 39,173 | 1,008,705 |
UWM Holdings Corp. | 50,674 | 323,300 |
Victory Capital Holdings, Inc., Class A | 19,814 | 761,452 |
Virtu Financial, Inc., Class A | 48,569 | 876,670 |
Virtus Investment Partners, Inc. | 3,623 | 841,695 |
Visa, Inc., Class A | 869,630 | 245,792,223 |
Voya Financial, Inc. | 57,247 | 3,913,405 |
Walker & Dunlop, Inc. | 18,269 | 1,742,497 |
Waterstone Financial, Inc. | 10,991 | 139,036 |
Western Union Co. | 204,625 | 2,744,021 |
WEX, Inc. * | 23,227 | 5,103,669 |
WisdomTree, Inc. | 63,428 | 511,230 |
World Acceptance Corp. * | 1,641 | 196,526 |
2,117,524,183 | ||
Food, Beverage & Tobacco 2.5% | ||
Altria Group, Inc. | 965,541 | 39,500,282 |
Archer-Daniels-Midland Co. | 290,657 | 15,436,793 |
B&G Foods, Inc. | 38,639 | 446,280 |
Beyond Meat, Inc. *(a) | 21,393 | 228,691 |
Boston Beer Co., Inc., Class A * | 5,290 | 1,630,061 |
BRC, Inc., Class A * | 19,339 | 79,870 |
Brown-Forman Corp., Class B | 130,704 | 7,872,302 |
Bunge Global SA | 78,835 | 7,439,659 |
Calavo Growers, Inc. | 10,424 | 300,837 |
Cal-Maine Foods, Inc. | 22,684 | 1,304,103 |
Campbell Soup Co. | 106,618 | 4,546,192 |
Celsius Holdings, Inc. * | 79,996 | 6,529,274 |
Coca-Cola Co. | 2,123,476 | 127,451,030 |
Coca-Cola Consolidated, Inc. | 2,631 | 2,212,145 |
Conagra Brands, Inc. | 259,880 | 7,297,430 |
Constellation Brands, Inc., Class A | 88,021 | 21,874,979 |
Darling Ingredients, Inc. * | 86,449 | 3,657,657 |
Duckhorn Portfolio, Inc. * | 22,818 | 216,999 |
Flowers Foods, Inc. | 105,657 | 2,368,830 |
Fresh Del Monte Produce, Inc. | 16,349 | 391,232 |
Freshpet, Inc. * | 25,785 | 2,914,479 |
General Mills, Inc. | 317,283 | 20,363,223 |
Hain Celestial Group, Inc. * | 49,748 | 497,480 |
Hershey Co. | 81,859 | 15,382,943 |
Hormel Foods Corp. | 157,976 | 5,579,712 |
Ingredion, Inc. | 35,530 | 4,179,394 |
J & J Snack Foods Corp. | 8,121 | 1,178,195 |
J M Smucker Co. | 58,398 | 7,017,688 |
John B Sanfilippo & Son, Inc. | 4,938 | 505,503 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Kellanova | 142,953 | 7,883,858 |
Keurig Dr Pepper, Inc. | 549,828 | 16,445,356 |
Kraft Heinz Co. | 434,702 | 15,336,287 |
Lamb Weston Holdings, Inc. | 79,078 | 8,082,562 |
Lancaster Colony Corp. | 11,350 | 2,348,542 |
McCormick & Co., Inc. - Non Voting Shares | 137,177 | 9,446,008 |
MGP Ingredients, Inc. | 8,373 | 713,212 |
Mission Produce, Inc. * | 22,084 | 232,986 |
Molson Coors Beverage Co., Class B | 100,551 | 6,276,393 |
Mondelez International, Inc., Class A | 742,944 | 54,286,918 |
Monster Beverage Corp. * | 403,320 | 23,836,212 |
National Beverage Corp. * | 12,907 | 679,424 |
PepsiCo, Inc. | 750,361 | 124,064,688 |
Philip Morris International, Inc. | 846,704 | 76,169,492 |
Pilgrim's Pride Corp. * | 24,468 | 779,061 |
Post Holdings, Inc. * | 28,369 | 2,954,915 |
Seaboard Corp. | 136 | 447,112 |
Simply Good Foods Co. * | 49,303 | 1,749,270 |
Sovos Brands, Inc. * | 33,838 | 771,168 |
Tootsie Roll Industries, Inc. | 10,197 | 331,606 |
TreeHouse Foods, Inc. * | 27,894 | 998,326 |
Turning Point Brands, Inc. | 9,167 | 231,925 |
Tyson Foods, Inc., Class A | 156,115 | 8,467,678 |
Universal Corp. | 13,575 | 651,736 |
Utz Brands, Inc. | 35,573 | 629,286 |
Vector Group Ltd. | 70,592 | 787,807 |
Vita Coco Co., Inc. * | 16,995 | 443,570 |
Vital Farms, Inc. * | 15,820 | 284,285 |
Westrock Coffee Co. *(a) | 18,492 | 187,139 |
WK Kellogg Co. | 35,592 | 521,067 |
674,441,152 | ||
Health Care Equipment & Services 5.1% | ||
23andMe Holding Co., Class A * | 159,813 | 91,093 |
Abbott Laboratories | 947,114 | 112,365,605 |
Acadia Healthcare Co., Inc. * | 50,026 | 4,174,670 |
Accolade, Inc. * | 44,488 | 456,002 |
AdaptHealth Corp. * | 59,073 | 604,317 |
Addus HomeCare Corp. * | 8,691 | 802,005 |
Agiliti, Inc. * | 18,531 | 182,901 |
agilon health, Inc. * | 165,077 | 1,011,922 |
AirSculpt Technologies, Inc. *(a) | 2,323 | 14,658 |
Align Technology, Inc. * | 38,715 | 11,708,190 |
Alignment Healthcare, Inc. * | 60,445 | 362,670 |
Alphatec Holdings, Inc. * | 51,857 | 696,440 |
Amedisys, Inc. * | 17,682 | 1,644,780 |
AMN Healthcare Services, Inc. * | 20,207 | 1,137,048 |
AngioDynamics, Inc. * | 22,396 | 122,954 |
Artivion, Inc. * | 23,505 | 453,646 |
Astrana Health, Inc. * | 21,326 | 960,523 |
AtriCure, Inc. * | 25,766 | 901,037 |
Atrion Corp. | 747 | 274,889 |
Avanos Medical, Inc. * | 25,100 | 466,107 |
Aveanna Healthcare Holdings, Inc. * | 32,928 | 78,039 |
Axogen, Inc. * | 31,419 | 331,785 |
Axonics, Inc. * | 26,980 | 1,833,021 |
Baxter International, Inc. | 276,669 | 11,321,295 |
Becton Dickinson & Co. | 158,131 | 37,247,757 |
Bioventus, Inc., Class A * | 19,789 | 91,623 |
Boston Scientific Corp. * | 798,866 | 52,892,918 |
Brookdale Senior Living, Inc. * | 100,335 | 573,916 |
Butterfly Network, Inc. *(a) | 116,484 | 138,616 |
Cardinal Health, Inc. | 134,960 | 15,112,821 |
Castle Biosciences, Inc. * | 12,968 | 234,202 |
Cencora, Inc. | 91,449 | 21,545,384 |
Centene Corp. * | 291,379 | 22,852,855 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Certara, Inc. * | 58,242 | 983,125 |
Cerus Corp. * | 96,247 | 209,818 |
Chemed Corp. | 8,170 | 5,115,482 |
Cigna Group | 159,828 | 53,724,584 |
Clover Health Investments Corp. * | 195,386 | 168,794 |
Community Health Systems, Inc. * | 65,223 | 181,972 |
Computer Programs & Systems, Inc. * | 8,348 | 73,963 |
CONMED Corp. | 16,585 | 1,332,107 |
Cooper Cos., Inc. | 108,669 | 10,171,418 |
CorVel Corp. * | 4,874 | 1,189,256 |
Cross Country Healthcare, Inc. * | 17,983 | 328,549 |
CVS Health Corp. | 700,561 | 52,100,722 |
DaVita, Inc. * | 29,939 | 3,801,355 |
Definitive Healthcare Corp. * | 35,552 | 338,455 |
DENTSPLY SIRONA, Inc. | 115,370 | 3,770,292 |
Dexcom, Inc. * | 210,344 | 24,204,284 |
DocGo, Inc. * | 45,528 | 185,299 |
Doximity, Inc., Class A * | 64,437 | 1,819,056 |
Edwards Lifesciences Corp. * | 330,433 | 28,043,849 |
Elevance Health, Inc. | 128,294 | 64,307,367 |
Embecta Corp. | 30,717 | 438,639 |
Encompass Health Corp. | 54,046 | 4,021,022 |
Enovis Corp. * | 26,161 | 1,564,689 |
Ensign Group, Inc. | 30,347 | 3,790,947 |
Envista Holdings Corp. * | 94,607 | 1,953,635 |
Evolent Health, Inc., Class A * | 65,148 | 2,209,169 |
Fulgent Genetics, Inc. * | 11,461 | 258,560 |
GE HealthCare Technologies, Inc. | 221,091 | 20,181,186 |
Glaukos Corp. * | 25,962 | 2,299,974 |
Globus Medical, Inc., Class A * | 63,076 | 3,405,473 |
GoodRx Holdings, Inc., Class A * | 41,907 | 326,456 |
Guardant Health, Inc. * | 66,193 | 1,257,667 |
Haemonetics Corp. * | 27,541 | 2,009,942 |
HCA Healthcare, Inc. | 108,148 | 33,709,732 |
Health Catalyst, Inc. * | 31,111 | 258,844 |
HealthEquity, Inc. * | 46,772 | 3,863,835 |
HealthStream, Inc. | 12,202 | 332,871 |
Henry Schein, Inc. * | 71,136 | 5,439,770 |
Hims & Hers Health, Inc. * | 83,854 | 1,093,456 |
Hologic, Inc. * | 134,169 | 9,901,672 |
Humana, Inc. | 67,188 | 23,537,300 |
ICU Medical, Inc. * | 11,056 | 1,207,647 |
IDEXX Laboratories, Inc. * | 45,247 | 26,027,432 |
Inari Medical, Inc. * | 28,113 | 1,296,572 |
Innovage Holding Corp. * | 12,363 | 59,837 |
Inspire Medical Systems, Inc. * | 16,727 | 2,994,802 |
Insulet Corp. * | 37,928 | 6,220,192 |
Integer Holdings Corp. * | 17,751 | 1,957,758 |
Integra LifeSciences Holdings Corp. * | 39,384 | 1,453,663 |
Intuitive Surgical, Inc. * | 192,010 | 74,039,056 |
iRhythm Technologies, Inc. * | 16,632 | 1,973,387 |
Laboratory Corp. of America Holdings | 46,016 | 9,931,633 |
Lantheus Holdings, Inc. * | 37,128 | 2,427,429 |
LeMaitre Vascular, Inc. | 10,916 | 764,120 |
LifeStance Health Group, Inc. * | 50,685 | 423,220 |
LivaNova PLC * | 29,105 | 1,595,245 |
Masimo Corp. * | 23,915 | 3,074,034 |
McKesson Corp. | 72,467 | 37,785,018 |
Medtronic PLC | 726,416 | 60,554,038 |
Merit Medical Systems, Inc. * | 30,983 | 2,360,905 |
ModivCare, Inc. * | 7,060 | 197,962 |
Molina Healthcare, Inc. * | 31,718 | 12,494,037 |
Multiplan Corp. * | 131,821 | 147,640 |
National HealthCare Corp. | 7,164 | 706,800 |
National Research Corp. | 7,892 | 318,205 |
Neogen Corp. * | 106,896 | 1,837,542 |
NeoGenomics, Inc. * | 68,193 | 1,063,811 |
Nevro Corp. * | 19,866 | 289,249 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Novocure Ltd. * | 49,679 | 760,585 |
OmniAb, Inc., Class A *(c) | 3,072 | 0 |
OmniAb, Inc., Class B *(c) | 3,072 | 0 |
Omnicell, Inc. * | 24,590 | 645,242 |
OPKO Health, Inc. *(a) | 225,178 | 225,178 |
Option Care Health, Inc. * | 97,607 | 3,149,778 |
OraSure Technologies, Inc. * | 41,917 | 301,593 |
Orchestra BioMed Holdings, Inc. * | 19,459 | 125,316 |
Orthofix Medical, Inc. * | 18,218 | 237,927 |
OrthoPediatrics Corp. * | 8,785 | 241,236 |
Owens & Minor, Inc. * | 41,458 | 1,008,673 |
Paragon 28, Inc. * | 24,223 | 302,303 |
Patterson Cos., Inc. | 46,938 | 1,271,550 |
Pediatrix Medical Group, Inc. * | 46,208 | 422,803 |
Pennant Group, Inc. * | 16,179 | 301,738 |
Penumbra, Inc. * | 21,244 | 4,990,640 |
PetIQ, Inc. * | 14,931 | 271,894 |
Phreesia, Inc. * | 28,955 | 716,636 |
Premier, Inc., Class A | 64,085 | 1,336,813 |
Privia Health Group, Inc. * | 56,640 | 1,264,205 |
PROCEPT BioRobotics Corp. * | 24,015 | 1,160,885 |
Progyny, Inc. * | 45,226 | 1,651,654 |
Pulmonx Corp. * | 19,274 | 177,706 |
Quest Diagnostics, Inc. | 60,813 | 7,594,936 |
QuidelOrtho Corp. * | 26,695 | 1,217,292 |
R1 RCM, Inc. * | 107,074 | 1,504,390 |
RadNet, Inc. * | 34,696 | 1,313,591 |
ResMed, Inc. | 79,844 | 13,870,500 |
RxSight, Inc. * | 12,108 | 660,734 |
Schrodinger, Inc. * | 28,787 | 732,917 |
Select Medical Holdings Corp. | 57,058 | 1,553,689 |
Semler Scientific, Inc. * | 2,627 | 123,916 |
Senseonics Holdings, Inc. * | 372,638 | 261,629 |
Sharecare, Inc. * | 232,573 | 218,619 |
Shockwave Medical, Inc. * | 19,917 | 5,195,748 |
SI-BONE, Inc. * | 17,402 | 301,925 |
Sight Sciences, Inc. * | 14,158 | 56,915 |
Silk Road Medical, Inc. * | 22,883 | 411,665 |
Simulations Plus, Inc. | 8,579 | 356,028 |
STAAR Surgical Co. * | 26,586 | 830,547 |
STERIS PLC | 53,970 | 12,570,153 |
Stryker Corp. | 184,527 | 64,412,840 |
Surgery Partners, Inc. * | 39,917 | 1,238,624 |
Surmodics, Inc. * | 7,974 | 254,371 |
Tandem Diabetes Care, Inc. * | 38,567 | 1,027,039 |
Teladoc Health, Inc. * | 89,221 | 1,345,453 |
Teleflex, Inc. | 25,343 | 5,646,167 |
Tenet Healthcare Corp. * | 55,494 | 5,160,942 |
TransMedics Group, Inc. * | 17,665 | 1,441,464 |
Treace Medical Concepts, Inc. * | 26,778 | 359,896 |
U.S. Physical Therapy, Inc. | 7,774 | 826,143 |
UFP Technologies, Inc. * | 3,689 | 768,456 |
UnitedHealth Group, Inc. | 504,669 | 249,104,618 |
Universal Health Services, Inc., Class B | 33,212 | 5,548,397 |
Varex Imaging Corp. * | 21,097 | 362,868 |
Veeva Systems, Inc., Class A * | 79,913 | 18,021,181 |
Zimmer Biomet Holdings, Inc. | 114,454 | 14,233,499 |
Zimvie, Inc. * | 17,927 | 303,863 |
1,369,186,879 | ||
Household & Personal Products 1.3% | ||
Beauty Health Co. * | 42,060 | 140,060 |
BellRing Brands, Inc. * | 72,064 | 4,104,045 |
Central Garden & Pet Co. * | 5,310 | 232,950 |
Central Garden & Pet Co., Class A * | 29,205 | 1,100,736 |
Church & Dwight Co., Inc. | 134,340 | 13,450,121 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Clorox Co. | 68,190 | 10,454,209 |
Colgate-Palmolive Co. | 450,127 | 38,944,988 |
Coty, Inc., Class A * | 209,063 | 2,625,831 |
Edgewell Personal Care Co. | 28,066 | 1,071,840 |
elf Beauty, Inc. * | 30,405 | 6,340,355 |
Energizer Holdings, Inc. | 36,821 | 1,051,239 |
Estee Lauder Cos., Inc., Class A | 126,929 | 18,859,111 |
Herbalife Ltd. * | 52,377 | 462,489 |
Inter Parfums, Inc. | 9,951 | 1,460,011 |
Kenvue, Inc. | 941,483 | 17,888,177 |
Kimberly-Clark Corp. | 184,004 | 22,295,765 |
Medifast, Inc. | 5,909 | 236,892 |
Nu Skin Enterprises, Inc., Class A | 28,011 | 350,137 |
Olaplex Holdings, Inc. * | 78,500 | 146,010 |
Procter & Gamble Co. | 1,286,096 | 204,412,098 |
Reynolds Consumer Products, Inc. | 29,120 | 859,040 |
Spectrum Brands Holdings, Inc. | 19,325 | 1,554,116 |
USANA Health Sciences, Inc. * | 5,880 | 283,769 |
WD-40 Co. | 7,177 | 1,926,235 |
350,250,224 | ||
Insurance 2.2% | ||
Aflac, Inc. | 290,726 | 23,473,217 |
Allstate Corp. | 142,830 | 22,784,242 |
Ambac Financial Group, Inc. * | 22,829 | 373,482 |
American Equity Investment Life Holding Co. * | 33,962 | 1,886,250 |
American Financial Group, Inc. | 35,736 | 4,562,415 |
American International Group, Inc. | 382,578 | 27,886,110 |
AMERISAFE, Inc. | 10,310 | 543,956 |
Aon PLC, Class A | 109,463 | 34,589,213 |
Arch Capital Group Ltd. * | 203,666 | 17,839,105 |
Arthur J Gallagher & Co. | 118,096 | 28,807,157 |
Assurant, Inc. | 28,281 | 5,131,588 |
Assured Guaranty Ltd. | 29,825 | 2,731,970 |
Axis Capital Holdings Ltd. | 42,281 | 2,645,522 |
Brighthouse Financial, Inc. * | 35,406 | 1,648,149 |
Brown & Brown, Inc. | 128,403 | 10,812,817 |
BRP Group, Inc., Class A * | 33,881 | 942,569 |
Chubb Ltd. | 222,682 | 56,042,379 |
Cincinnati Financial Corp. | 85,952 | 9,798,528 |
CNA Financial Corp. | 14,418 | 633,671 |
CNO Financial Group, Inc. | 57,806 | 1,542,842 |
Employers Holdings, Inc. | 14,375 | 657,081 |
Enstar Group Ltd. * | 7,196 | 2,215,936 |
Erie Indemnity Co., Class A | 13,505 | 5,494,914 |
Everest Group Ltd. | 23,751 | 8,761,269 |
F&G Annuities & Life, Inc. | 10,066 | 380,294 |
Fidelity National Financial, Inc. | 139,741 | 7,068,100 |
First American Financial Corp. | 55,981 | 3,269,850 |
Genworth Financial, Inc., Class A * | 256,805 | 1,579,351 |
Globe Life, Inc. | 45,935 | 5,830,530 |
Goosehead Insurance, Inc., Class A * | 12,759 | 965,218 |
Hagerty, Inc., Class A * | 20,231 | 173,784 |
Hanover Insurance Group, Inc. | 19,322 | 2,540,263 |
Hartford Financial Services Group, Inc. | 164,094 | 15,726,769 |
Hippo Holdings, Inc. * | 7,900 | 110,995 |
Horace Mann Educators Corp. | 22,580 | 817,170 |
James River Group Holdings Ltd. | 19,728 | 197,083 |
Kemper Corp. | 32,330 | 1,853,479 |
Kinsale Capital Group, Inc. | 12,181 | 6,287,589 |
Lemonade, Inc. *(a) | 34,201 | 555,424 |
Lincoln National Corp. | 92,619 | 2,550,727 |
Loews Corp. | 100,986 | 7,587,078 |
Markel Group, Inc. * | 7,195 | 10,738,394 |
Marsh & McLennan Cos., Inc. | 269,000 | 54,410,630 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
MBIA, Inc. | 27,674 | 180,711 |
Mercury General Corp. | 15,020 | 731,324 |
MetLife, Inc. | 339,173 | 23,653,925 |
National Western Life Group, Inc., Class A | 1,181 | 573,470 |
Old Republic International Corp. | 146,642 | 4,246,752 |
Oscar Health, Inc., Class A * | 84,320 | 1,371,043 |
Palomar Holdings, Inc. * | 13,424 | 1,022,103 |
Primerica, Inc. | 19,042 | 4,670,241 |
Principal Financial Group, Inc. | 120,505 | 9,744,034 |
ProAssurance Corp. | 30,279 | 373,340 |
Progressive Corp. | 318,921 | 60,454,665 |
Prudential Financial, Inc. | 197,278 | 21,501,329 |
Reinsurance Group of America, Inc. | 35,335 | 6,248,995 |
RenaissanceRe Holdings Ltd. | 28,686 | 6,449,187 |
RLI Corp. | 22,045 | 3,228,490 |
Ryan Specialty Holdings, Inc. * | 57,288 | 3,000,746 |
Safety Insurance Group, Inc. | 8,127 | 667,714 |
Selective Insurance Group, Inc. | 34,027 | 3,555,141 |
Selectquote, Inc. * | 66,959 | 129,901 |
SiriusPoint Ltd. * | 46,576 | 571,488 |
Skyward Specialty Insurance Group, Inc. * | 17,427 | 637,654 |
Stewart Information Services Corp. | 14,711 | 926,499 |
Travelers Cos., Inc. | 124,705 | 27,554,817 |
Trupanion, Inc. *(a) | 18,896 | 505,468 |
United Fire Group, Inc. | 12,081 | 281,367 |
Unum Group | 100,870 | 4,988,022 |
W R Berkley Corp. | 111,357 | 9,309,445 |
White Mountains Insurance Group Ltd. | 1,369 | 2,416,887 |
Willis Towers Watson PLC | 56,212 | 15,323,953 |
608,765,821 | ||
Materials 2.6% | ||
AdvanSix, Inc. | 14,865 | 415,923 |
Air Products & Chemicals, Inc. | 121,255 | 28,378,520 |
Albemarle Corp. | 63,908 | 8,809,718 |
Alcoa Corp. | 97,688 | 2,658,090 |
Alpha Metallurgical Resources, Inc. | 6,446 | 2,431,753 |
Amcor PLC | 788,443 | 7,143,294 |
AptarGroup, Inc. | 36,212 | 5,086,337 |
Arcadium Lithium PLC * | 559,713 | 3,072,824 |
Arch Resources, Inc. | 10,030 | 1,657,859 |
Ashland, Inc. | 27,924 | 2,614,803 |
ATI, Inc. * | 69,398 | 3,412,994 |
Avery Dennison Corp. | 43,734 | 9,469,723 |
Avient Corp. | 49,962 | 2,022,462 |
Axalta Coating Systems Ltd. * | 120,704 | 3,950,642 |
Balchem Corp. | 17,377 | 2,731,491 |
Ball Corp. | 171,254 | 10,963,681 |
Berry Global Group, Inc. | 64,841 | 3,774,395 |
Cabot Corp. | 30,266 | 2,571,097 |
Carpenter Technology Corp. | 26,409 | 1,707,342 |
Celanese Corp. | 54,339 | 8,257,898 |
Century Aluminum Co. * | 29,397 | 307,787 |
CF Industries Holdings, Inc. | 104,484 | 8,433,948 |
Chemours Co. | 81,279 | 1,598,758 |
Clearwater Paper Corp. * | 9,505 | 373,451 |
Cleveland-Cliffs, Inc. * | 278,686 | 5,796,669 |
Coeur Mining, Inc. * | 225,950 | 585,210 |
Commercial Metals Co. | 62,785 | 3,390,390 |
Compass Minerals International, Inc. | 18,438 | 420,386 |
Corteva, Inc. | 385,567 | 20,635,546 |
Crown Holdings, Inc. | 65,185 | 4,994,475 |
Danimer Scientific, Inc. *(a) | 47,520 | 63,677 |
Dow, Inc. | 383,694 | 21,440,821 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
DuPont de Nemours, Inc. | 233,810 | 16,177,314 |
Eagle Materials, Inc. | 19,070 | 4,835,198 |
Eastman Chemical Co. | 65,004 | 5,703,451 |
Ecolab, Inc. | 138,802 | 31,208,242 |
Ecovyst, Inc. * | 55,433 | 534,928 |
Element Solutions, Inc. | 121,776 | 2,861,736 |
FMC Corp. | 68,025 | 3,835,930 |
Freeport-McMoRan, Inc. | 780,922 | 29,526,661 |
Ginkgo Bioworks Holdings, Inc. *(a) | 726,069 | 1,103,625 |
Graphic Packaging Holding Co. | 166,833 | 4,329,316 |
Greif, Inc., Class A | 17,421 | 1,122,958 |
Hawkins, Inc. | 9,956 | 699,409 |
Haynes International, Inc. | 6,655 | 395,507 |
HB Fuller Co. | 29,608 | 2,354,724 |
Hecla Mining Co. | 317,931 | 1,125,476 |
Huntsman Corp. | 88,808 | 2,273,485 |
Ingevity Corp. * | 18,372 | 839,233 |
Innospec, Inc. | 13,316 | 1,654,779 |
International Flavors & Fragrances, Inc. | 139,938 | 10,565,319 |
International Paper Co. | 188,702 | 6,672,503 |
Kaiser Aluminum Corp. | 8,783 | 636,943 |
Knife River Corp. * | 30,693 | 2,274,044 |
Koppers Holdings, Inc. | 11,445 | 648,016 |
Kronos Worldwide, Inc. | 13,233 | 120,288 |
Linde PLC | 264,589 | 118,752,835 |
Louisiana-Pacific Corp. | 34,615 | 2,560,472 |
LSB Industries, Inc. * | 37,061 | 272,769 |
LyondellBasell Industries NV, Class A | 139,222 | 13,961,182 |
Martin Marietta Materials, Inc. | 33,835 | 19,546,818 |
Materion Corp. | 11,015 | 1,479,535 |
Mativ Holdings, Inc. | 29,191 | 507,048 |
Mercer International, Inc. | 22,691 | 208,303 |
Metallus, Inc. * | 21,242 | 462,013 |
Minerals Technologies, Inc. | 17,802 | 1,288,153 |
Mosaic Co. | 180,767 | 5,632,700 |
MP Materials Corp. * | 78,776 | 1,198,183 |
Myers Industries, Inc. | 20,717 | 398,388 |
NewMarket Corp. | 3,773 | 2,421,021 |
Newmont Corp. | 629,638 | 19,676,187 |
Nucor Corp. | 134,372 | 25,839,736 |
O-I Glass, Inc. * | 84,785 | 1,434,562 |
Olin Corp. | 68,109 | 3,664,264 |
Orion SA | 30,387 | 684,923 |
Packaging Corp. of America | 48,881 | 8,856,748 |
Pactiv Evergreen, Inc. | 21,432 | 316,122 |
Perimeter Solutions SA * | 82,434 | 501,199 |
Piedmont Lithium, Inc. * | 9,173 | 133,559 |
PPG Industries, Inc. | 128,260 | 18,161,616 |
PureCycle Technologies, Inc. *(a) | 71,047 | 411,362 |
Quaker Chemical Corp. | 7,355 | 1,474,677 |
Radius Recycling, Inc., Class A | 13,910 | 274,862 |
Ranpak Holdings Corp. * | 20,997 | 99,736 |
Reliance, Inc. | 31,383 | 10,080,847 |
Royal Gold, Inc. | 35,539 | 3,647,368 |
RPM International, Inc. | 69,830 | 8,054,890 |
Ryerson Holding Corp. | 15,744 | 497,195 |
Scotts Miracle-Gro Co. | 22,218 | 1,459,723 |
Sealed Air Corp. | 81,486 | 2,841,417 |
Sensient Technologies Corp. | 22,898 | 1,531,418 |
Sherwin-Williams Co. | 128,682 | 42,726,284 |
Silgan Holdings, Inc. | 45,810 | 2,011,517 |
Sonoco Products Co. | 53,018 | 3,005,060 |
Steel Dynamics, Inc. | 82,856 | 11,087,790 |
Stepan Co. | 11,679 | 1,041,767 |
Summit Materials, Inc., Class A * | 64,208 | 2,742,324 |
SunCoke Energy, Inc. | 44,264 | 474,067 |
Sylvamo Corp. | 20,026 | 1,209,771 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
TriMas Corp. | 22,450 | 527,575 |
Trinseo PLC | 10,032 | 45,144 |
Tronox Holdings PLC | 61,254 | 900,434 |
U.S. Lime & Minerals, Inc. | 1,044 | 266,199 |
U.S. Steel Corp. | 122,249 | 5,787,268 |
Vulcan Materials Co. | 72,371 | 19,239,830 |
Warrior Met Coal, Inc. | 27,888 | 1,588,779 |
Westlake Corp. | 17,962 | 2,491,509 |
Westrock Co. | 139,078 | 6,298,843 |
Worthington Steel, Inc. * | 16,379 | 518,559 |
690,965,600 | ||
Media & Entertainment 7.4% | ||
Advantage Solutions, Inc. * | 49,680 | 189,281 |
Alphabet, Inc., Class A * | 3,229,885 | 447,209,877 |
Alphabet, Inc., Class C * | 2,718,360 | 379,972,361 |
Altice USA, Inc., Class A * | 96,993 | 288,069 |
AMC Networks, Inc., Class A * | 15,459 | 200,039 |
Angi, Inc. * | 47,540 | 136,440 |
Atlanta Braves Holdings, Inc., Class C * | 26,623 | 1,041,492 |
Bumble, Inc., Class A * | 54,336 | 622,147 |
Cable One, Inc. | 2,492 | 1,136,352 |
Cardlytics, Inc. * | 24,602 | 203,951 |
Cargurus, Inc. * | 48,733 | 1,078,949 |
Cars.com, Inc. * | 34,527 | 633,225 |
Charter Communications, Inc., Class A * | 54,936 | 16,147,338 |
Cinemark Holdings, Inc. * | 59,384 | 1,033,875 |
Clear Channel Outdoor Holdings, Inc. * | 252,040 | 433,509 |
Comcast Corp., Class A | 2,190,755 | 93,873,852 |
EchoStar Corp., Class A * | 65,620 | 860,278 |
Electronic Arts, Inc. | 133,690 | 18,647,081 |
Endeavor Group Holdings, Inc., Class A | 103,617 | 2,491,989 |
Eventbrite, Inc., Class A * | 46,608 | 261,005 |
EW Scripps Co., Class A * | 30,069 | 121,178 |
Fox Corp., Class A | 203,035 | 6,048,413 |
fuboTV, Inc. * | 162,456 | 336,284 |
Gannett Co., Inc. * | 86,175 | 183,553 |
Getty Images Holdings, Inc. *(a) | 23,935 | 112,973 |
Gray Television, Inc. | 46,406 | 271,011 |
Grindr, Inc. * | 13,571 | 112,368 |
IAC, Inc. * | 37,856 | 2,150,221 |
Integral Ad Science Holding Corp. * | 43,066 | 446,164 |
Interpublic Group of Cos., Inc. | 209,771 | 6,586,809 |
John Wiley & Sons, Inc., Class A | 23,575 | 786,226 |
Liberty Broadband Corp., Class C * | 72,802 | 4,381,224 |
Liberty Media Corp.-Liberty Formula One, Class C * | 126,481 | 9,202,757 |
Liberty Media Corp.-Liberty Live, Class C * | 36,235 | 1,442,878 |
Liberty Media Corp.-Liberty SiriusXM, Class C * | 123,267 | 3,572,278 |
Lions Gate Entertainment Corp., Class A * | 108,309 | 1,051,680 |
Live Nation Entertainment, Inc. * | 76,860 | 7,453,883 |
Madison Square Garden Entertainment Corp. * | 22,948 | 883,268 |
Madison Square Garden Sports Corp. * | 8,869 | 1,669,057 |
Magnite, Inc. * | 65,815 | 791,096 |
Match Group, Inc. * | 151,188 | 5,448,815 |
MediaAlpha, Inc., Class A * | 12,978 | 269,293 |
Meta Platforms, Inc., Class A | 1,211,404 | 593,745,442 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Netflix, Inc. * | 238,823 | 143,991,163 |
New York Times Co., Class A | 90,135 | 3,991,178 |
News Corp., Class A | 271,928 | 7,309,425 |
Nexstar Media Group, Inc. | 17,829 | 2,962,645 |
Nextdoor Holdings, Inc. * | 69,998 | 153,296 |
Omnicom Group, Inc. | 108,167 | 9,560,881 |
Paramount Global, Class B | 276,098 | 3,048,122 |
Pinterest, Inc., Class A * | 320,204 | 11,751,487 |
Playtika Holding Corp. * | 37,134 | 275,163 |
QuinStreet, Inc. * | 26,616 | 389,392 |
ROBLOX Corp., Class A * | 266,114 | 10,617,949 |
Roku, Inc. * | 68,465 | 4,325,619 |
Rumble, Inc. *(a) | 43,928 | 286,850 |
Scholastic Corp. | 15,511 | 611,754 |
Shutterstock, Inc. | 12,916 | 629,784 |
Sinclair, Inc. | 22,207 | 329,774 |
Sirius XM Holdings, Inc. (a) | 374,691 | 1,656,134 |
Skillz, Inc. * | 7,498 | 51,286 |
Snap, Inc., Class A * | 561,321 | 6,185,757 |
Sphere Entertainment Co. * | 14,212 | 615,380 |
Stagwell, Inc. * | 56,342 | 300,866 |
Take-Two Interactive Software, Inc. * | 85,687 | 12,589,991 |
TechTarget, Inc. * | 13,867 | 439,723 |
TEGNA, Inc. | 108,481 | 1,519,819 |
Thryv Holdings, Inc. * | 16,602 | 347,646 |
TKO Group Holdings, Inc. | 32,242 | 2,699,623 |
Trade Desk, Inc., Class A * | 243,042 | 20,763,078 |
TripAdvisor, Inc. * | 57,999 | 1,555,533 |
Vimeo, Inc. * | 83,554 | 400,224 |
Vivid Seats, Inc., Class A * | 26,708 | 160,782 |
Walt Disney Co. | 997,657 | 111,318,568 |
Warner Bros Discovery, Inc. * | 1,218,357 | 10,709,358 |
Warner Music Group Corp., Class A | 75,093 | 2,622,998 |
WideOpenWest, Inc. * | 29,639 | 118,556 |
Yelp, Inc. * | 37,447 | 1,439,463 |
Ziff Davis, Inc. * | 25,314 | 1,740,591 |
ZipRecruiter, Inc., Class A * | 40,332 | 513,023 |
ZoomInfo Technologies, Inc. * | 166,181 | 2,785,194 |
1,994,296,056 | ||
Pharmaceuticals, Biotechnology & Life Sciences 7.3% | ||
10X Genomics, Inc., Class A * | 56,277 | 2,624,759 |
2seventy bio, Inc. * | 51,128 | 265,866 |
4D Molecular Therapeutics, Inc. * | 20,276 | 568,134 |
89bio, Inc. * | 34,785 | 398,984 |
AbbVie, Inc. | 963,153 | 169,563,086 |
Absci Corp. * | 55,100 | 284,316 |
ACADIA Pharmaceuticals, Inc. * | 64,785 | 1,505,603 |
ACELYRIN, Inc. * | 16,753 | 141,563 |
Adaptive Biotechnologies Corp. * | 55,192 | 226,839 |
ADMA Biologics, Inc. * | 116,638 | 625,180 |
Agenus, Inc. * | 164,304 | 110,084 |
Agilent Technologies, Inc. | 159,613 | 21,924,442 |
Agios Pharmaceuticals, Inc. * | 29,668 | 958,870 |
Akero Therapeutics, Inc. * | 30,294 | 817,635 |
Akoya Biosciences, Inc. * | 32,319 | 185,511 |
Alector, Inc. * | 36,897 | 257,172 |
Alkermes PLC * | 89,483 | 2,656,750 |
Allogene Therapeutics, Inc. * | 62,373 | 306,251 |
Allovir, Inc. * | 24,699 | 18,193 |
Alnylam Pharmaceuticals, Inc. * | 68,867 | 10,405,115 |
Alpine Immune Sciences, Inc. * | 23,686 | 834,221 |
ALX Oncology Holdings, Inc. *(a) | 18,685 | 274,109 |
Amgen, Inc. | 292,044 | 79,970,409 |
Amicus Therapeutics, Inc. * | 153,315 | 1,965,498 |
Amneal Pharmaceuticals, Inc. * | 58,427 | 322,517 |
Amphastar Pharmaceuticals, Inc. * | 20,963 | 976,247 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Amylyx Pharmaceuticals, Inc. * | 22,183 | 418,150 |
AnaptysBio, Inc. * | 9,407 | 240,161 |
Anavex Life Sciences Corp. *(a) | 45,964 | 236,255 |
ANI Pharmaceuticals, Inc. * | 8,525 | 576,887 |
Anika Therapeutics, Inc. * | 7,652 | 185,791 |
Apellis Pharmaceuticals, Inc. * | 56,884 | 3,525,101 |
Apogee Therapeutics, Inc. *(a) | 11,193 | 389,740 |
Arcellx, Inc. * | 16,984 | 1,117,887 |
Arcturus Therapeutics Holdings, Inc. * | 12,864 | 498,609 |
Arcus Biosciences, Inc. * | 28,044 | 536,482 |
Arcutis Biotherapeutics, Inc. * | 44,375 | 456,175 |
Ardelyx, Inc. * | 134,173 | 1,250,492 |
Arrowhead Pharmaceuticals, Inc. * | 66,996 | 2,150,572 |
ARS Pharmaceuticals, Inc. * | 29,311 | 245,333 |
Arvinas, Inc. * | 30,297 | 1,393,056 |
Atea Pharmaceuticals, Inc. * | 44,703 | 192,670 |
Avantor, Inc. * | 368,743 | 9,085,828 |
Avid Bioservices, Inc. * | 32,996 | 253,409 |
Avidity Biosciences, Inc. * | 39,860 | 729,438 |
Axsome Therapeutics, Inc. * | 21,792 | 1,773,433 |
Azenta, Inc. * | 32,661 | 2,127,864 |
Beam Therapeutics, Inc. * | 41,798 | 1,650,603 |
BioCryst Pharmaceuticals, Inc. * | 123,677 | 696,302 |
Biogen, Inc. * | 79,179 | 17,181,051 |
Biohaven Ltd. * | 35,202 | 1,694,624 |
BioLife Solutions, Inc. * | 18,485 | 312,396 |
BioMarin Pharmaceutical, Inc. * | 102,092 | 8,808,498 |
Biomea Fusion, Inc. *(a) | 13,645 | 238,787 |
Bio-Rad Laboratories, Inc., Class A * | 11,656 | 3,798,457 |
Bio-Techne Corp. | 85,841 | 6,315,322 |
Bioxcel Therapeutics, Inc. * | 20,964 | 66,666 |
Blueprint Medicines Corp. * | 32,971 | 3,083,448 |
Bridgebio Pharma, Inc. * | 71,170 | 2,430,455 |
Bristol-Myers Squibb Co. | 1,110,241 | 56,344,731 |
Bruker Corp. | 50,923 | 4,406,876 |
C4 Therapeutics, Inc. * | 26,381 | 289,663 |
CareDx, Inc. * | 28,300 | 301,112 |
Cargo Therapeutics, Inc. *(a) | 14,671 | 354,745 |
Caribou Biosciences, Inc. * | 48,496 | 383,603 |
Cassava Sciences, Inc. *(a) | 21,529 | 494,736 |
Catalent, Inc. * | 100,278 | 5,749,941 |
Catalyst Pharmaceuticals, Inc. * | 60,336 | 967,186 |
Celldex Therapeutics, Inc. * | 29,687 | 1,426,757 |
Cerevel Therapeutics Holdings, Inc. * | 48,033 | 1,969,353 |
Charles River Laboratories International, Inc. * | 27,926 | 7,098,510 |
Cogent Biosciences, Inc. * | 41,269 | 288,883 |
Coherus Biosciences, Inc. * | 58,942 | 134,388 |
Collegium Pharmaceutical, Inc. * | 18,753 | 688,423 |
Corcept Therapeutics, Inc. * | 48,914 | 1,149,479 |
Crinetics Pharmaceuticals, Inc. * | 31,083 | 1,272,538 |
CRISPR Therapeutics AG * | 42,654 | 3,592,320 |
CryoPort, Inc. * | 24,882 | 439,665 |
Cullinan Oncology, Inc. * | 13,674 | 252,559 |
Cymabay Therapeutics, Inc. * | 58,004 | 1,867,149 |
Cytek Biosciences, Inc. * | 59,872 | 461,014 |
Cytokinetics, Inc. * | 54,140 | 3,911,074 |
Danaher Corp. | 358,852 | 90,839,795 |
Day One Biopharmaceuticals, Inc. * | 31,259 | 522,963 |
Deciphera Pharmaceuticals, Inc. * | 30,373 | 506,925 |
Denali Therapeutics, Inc. * | 68,479 | 1,354,515 |
Disc Medicine, Inc. * | 6,415 | 440,518 |
Dynavax Technologies Corp. * | 72,274 | 915,712 |
Dyne Therapeutics, Inc. * | 30,366 | 816,845 |
Edgewise Therapeutics, Inc. * | 23,104 | 377,288 |
Editas Medicine, Inc. * | 51,290 | 515,977 |
Elanco Animal Health, Inc. * | 268,008 | 4,258,647 |
Eli Lilly & Co. | 435,202 | 328,003,043 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Emergent BioSolutions, Inc. * | 38,572 | 124,588 |
Enanta Pharmaceuticals, Inc. * | 10,558 | 151,718 |
Enliven Therapeutics, Inc. *(a) | 10,651 | 170,096 |
Entrada Therapeutics, Inc. * | 9,381 | 124,111 |
Erasca, Inc. * | 44,729 | 106,455 |
Exact Sciences Corp. * | 98,017 | 5,638,918 |
Exelixis, Inc. * | 172,561 | 3,779,086 |
Fate Therapeutics, Inc. * | 45,538 | 322,864 |
Fortrea Holdings, Inc. * | 47,771 | 1,793,323 |
Genelux Corp. *(a) | 10,720 | 78,256 |
Generation Bio Co. * | 34,384 | 86,304 |
Geron Corp. * | 254,321 | 508,642 |
Gilead Sciences, Inc. | 678,803 | 48,941,696 |
Gossamer Bio, Inc. * | 163,633 | 230,723 |
Halozyme Therapeutics, Inc. * | 71,622 | 2,851,272 |
Harmony Biosciences Holdings, Inc. * | 19,150 | 614,715 |
Heron Therapeutics, Inc. *(a) | 77,947 | 207,339 |
HilleVax, Inc. * | 15,250 | 276,787 |
Humacyte, Inc. * | 22,535 | 98,027 |
Ideaya Biosciences, Inc. * | 36,041 | 1,611,033 |
IGM Biosciences, Inc. * | 15,207 | 192,064 |
Illumina, Inc. * | 87,439 | 12,226,595 |
ImmunityBio, Inc. *(a) | 76,803 | 363,278 |
Immunovant, Inc. * | 30,077 | 1,063,823 |
Incyte Corp. * | 100,783 | 5,881,696 |
Inhibrx, Inc. * | 16,492 | 604,102 |
Innoviva, Inc. * | 31,036 | 474,230 |
Insmed, Inc. * | 79,458 | 2,202,576 |
Intellia Therapeutics, Inc. * | 48,076 | 1,544,201 |
Intra-Cellular Therapies, Inc. * | 48,721 | 3,387,084 |
Invivyd, Inc. *(a) | 31,342 | 123,174 |
Ionis Pharmaceuticals, Inc. * | 78,327 | 3,541,164 |
Iovance Biotherapeutics, Inc. * | 132,432 | 2,106,993 |
IQVIA Holdings, Inc. * | 99,937 | 24,700,429 |
Ironwood Pharmaceuticals, Inc. * | 71,888 | 677,904 |
iTeos Therapeutics, Inc. * | 13,697 | 146,695 |
Jazz Pharmaceuticals PLC * | 33,896 | 4,030,234 |
Johnson & Johnson | 1,313,552 | 211,981,022 |
Karuna Therapeutics, Inc. * | 19,538 | 6,134,346 |
Keros Therapeutics, Inc. * | 13,429 | 906,457 |
Krystal Biotech, Inc. * | 13,053 | 2,081,562 |
Kura Oncology, Inc. * | 44,875 | 945,965 |
Kymera Therapeutics, Inc. * | 21,391 | 913,396 |
Lexicon Pharmaceuticals, Inc. *(a) | 55,387 | 137,914 |
Ligand Pharmaceuticals, Inc. * | 9,244 | 733,511 |
Lyell Immunopharma, Inc. * | 77,564 | 226,487 |
MacroGenics, Inc. * | 32,841 | 589,168 |
Madrigal Pharmaceuticals, Inc. * | 8,832 | 2,086,118 |
MannKind Corp. * | 140,346 | 576,822 |
Maravai LifeSciences Holdings, Inc., Class A * | 42,464 | 328,247 |
Medpace Holdings, Inc. * | 12,569 | 4,996,429 |
Merck & Co., Inc. | 1,383,153 | 175,867,904 |
Mesa Laboratories, Inc. | 2,759 | 301,255 |
Mettler-Toledo International, Inc. * | 11,837 | 14,763,343 |
MiMedx Group, Inc. * | 61,381 | 500,869 |
Mind Medicine MindMed, Inc. * | 24,315 | 138,960 |
Mineralys Therapeutics, Inc. * | 6,494 | 99,878 |
Mirum Pharmaceuticals, Inc. * | 22,309 | 640,491 |
Moderna, Inc. * | 181,304 | 16,723,481 |
Monte Rosa Therapeutics, Inc. * | 15,781 | 99,894 |
Morphic Holding, Inc. * | 21,926 | 810,166 |
Myriad Genetics, Inc. * | 51,523 | 1,078,376 |
Natera, Inc. * | 61,738 | 5,339,720 |
Nektar Therapeutics * | 119,276 | 84,686 |
Neumora Therapeutics, Inc. *(a) | 14,667 | 258,579 |
Neurocrine Biosciences, Inc. * | 53,953 | 7,035,471 |
Novavax, Inc. *(a) | 36,562 | 180,616 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Nurix Therapeutics, Inc. * | 25,137 | 310,442 |
Nuvalent, Inc., Class A * | 17,175 | 1,444,761 |
Nuvation Bio, Inc. * | 71,459 | 133,628 |
Omeros Corp. *(a) | 33,500 | 150,750 |
OmniAb, Inc. * | 55,026 | 321,352 |
Organogenesis Holdings, Inc. * | 43,688 | 155,966 |
Organon & Co. | 138,048 | 2,403,416 |
Pacific Biosciences of California, Inc. * | 141,165 | 780,642 |
Pacira BioSciences, Inc. * | 25,272 | 751,084 |
Perrigo Co. PLC | 73,964 | 1,942,295 |
Pfizer, Inc. | 3,078,801 | 81,772,955 |
Phathom Pharmaceuticals, Inc. * | 21,085 | 225,609 |
Phibro Animal Health Corp., Class A | 11,051 | 142,889 |
Pliant Therapeutics, Inc. * | 32,289 | 512,426 |
Poseida Therapeutics, Inc. * | 27,737 | 109,839 |
Precigen, Inc. * | 100,270 | 154,416 |
Prelude Therapeutics, Inc. * | 9,131 | 39,263 |
Prestige Consumer Healthcare, Inc. * | 26,931 | 1,873,859 |
Prime Medicine, Inc. * | 21,433 | 184,967 |
Protagonist Therapeutics, Inc. * | 34,629 | 1,052,029 |
Prothena Corp. PLC * | 22,035 | 607,946 |
PTC Therapeutics, Inc. * | 40,372 | 1,138,087 |
Quanterix Corp. * | 19,748 | 473,162 |
RAPT Therapeutics, Inc. * | 18,585 | 159,273 |
Recursion Pharmaceuticals, Inc., Class A * | 85,680 | 1,153,253 |
Regeneron Pharmaceuticals, Inc. * | 58,415 | 56,434,147 |
REGENXBIO, Inc. * | 21,762 | 379,529 |
Relay Therapeutics, Inc. * | 47,685 | 477,804 |
Repligen Corp. * | 28,111 | 5,453,253 |
Replimune Group, Inc. * | 29,091 | 249,601 |
Revance Therapeutics, Inc. * | 46,335 | 330,832 |
REVOLUTION Medicines, Inc. * | 68,655 | 2,023,949 |
Revvity, Inc. | 67,696 | 7,418,805 |
Rhythm Pharmaceuticals, Inc. * | 28,581 | 1,240,987 |
Rocket Pharmaceuticals, Inc. * | 38,589 | 1,130,658 |
Roivant Sciences Ltd. * | 175,732 | 2,010,374 |
Royalty Pharma PLC, Class A | 210,206 | 6,377,650 |
Sage Therapeutics, Inc. * | 28,339 | 608,722 |
Sana Biotechnology, Inc. * | 51,321 | 515,263 |
Sangamo Therapeutics, Inc. * | 123,364 | 143,102 |
Sarepta Therapeutics, Inc. * | 50,599 | 6,471,612 |
Scholar Rock Holding Corp. * | 27,506 | 426,343 |
Scilex Holding Co. *(c) | 38,288 | 81,552 |
SIGA Technologies, Inc. | 21,142 | 110,150 |
Sotera Health Co. * | 68,023 | 1,021,025 |
SpringWorks Therapeutics, Inc. * | 34,102 | 1,679,865 |
Stoke Therapeutics, Inc. * | 15,257 | 118,089 |
Summit Therapeutics, Inc. *(a) | 77,236 | 350,651 |
Supernus Pharmaceuticals, Inc. * | 30,246 | 898,306 |
Syndax Pharmaceuticals, Inc. * | 42,259 | 990,551 |
Tango Therapeutics, Inc. * | 28,456 | 316,715 |
Tarsus Pharmaceuticals, Inc. * | 16,348 | 624,821 |
TG Therapeutics, Inc. * | 77,169 | 1,328,850 |
Theravance Biopharma, Inc. * | 15,464 | 146,444 |
Thermo Fisher Scientific, Inc. | 210,858 | 120,227,014 |
Third Harmonic Bio, Inc. * | 6,349 | 64,379 |
Travere Therapeutics, Inc. * | 35,287 | 266,770 |
Twist Bioscience Corp. * | 30,959 | 1,216,379 |
Tyra Biosciences, Inc. *(a) | 6,026 | 120,460 |
Ultragenyx Pharmaceutical, Inc. * | 46,744 | 2,417,600 |
uniQure NV * | 24,022 | 138,127 |
United Therapeutics Corp. * | 25,314 | 5,711,851 |
Vanda Pharmaceuticals, Inc. * | 28,272 | 126,376 |
Vaxcyte, Inc. * | 53,204 | 3,927,519 |
Vera Therapeutics, Inc. * | 23,743 | 1,117,820 |
Veracyte, Inc. * | 39,843 | 938,303 |
Vericel Corp. * | 26,068 | 1,190,786 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Vertex Pharmaceuticals, Inc. * | 140,574 | 59,145,105 |
Verve Therapeutics, Inc. * | 21,852 | 372,577 |
Viatris, Inc. | 651,090 | 8,053,983 |
Viking Therapeutics, Inc. * | 54,973 | 4,235,670 |
Vir Biotechnology, Inc. * | 51,271 | 576,286 |
Viridian Therapeutics, Inc. * | 29,521 | 552,338 |
Waters Corp. * | 32,099 | 10,830,845 |
West Pharmaceutical Services, Inc. | 40,381 | 14,470,935 |
Xencor, Inc. * | 32,669 | 749,754 |
Y-mAbs Therapeutics, Inc. * | 17,125 | 285,987 |
Zentalis Pharmaceuticals, Inc. * | 32,403 | 483,129 |
Zoetis, Inc. | 250,237 | 49,629,504 |
Zura Bio Ltd. * | 6,798 | 25,017 |
1,966,016,030 | ||
Real Estate Management & Development 0.2% | ||
Anywhere Real Estate, Inc. * | 62,008 | 388,790 |
CBRE Group, Inc., Class A * | 166,087 | 15,261,734 |
Compass, Inc., Class A * | 180,275 | 712,086 |
CoStar Group, Inc. * | 222,629 | 19,375,402 |
Cushman & Wakefield PLC * | 89,904 | 898,141 |
DigitalBridge Group, Inc. | 80,315 | 1,475,386 |
eXp World Holdings, Inc. | 39,789 | 521,236 |
Forestar Group, Inc. * | 11,887 | 400,830 |
FRP Holdings, Inc. * | 3,539 | 213,048 |
Howard Hughes Holdings, Inc. * | 17,250 | 1,317,900 |
Jones Lang LaSalle, Inc. * | 25,783 | 4,904,958 |
Kennedy-Wilson Holdings, Inc. | 64,797 | 568,918 |
Marcus & Millichap, Inc. | 13,513 | 495,792 |
Newmark Group, Inc., Class A | 69,404 | 748,869 |
Offerpad Solutions, Inc. *(a) | 532 | 4,490 |
Opendoor Technologies, Inc. * | 321,246 | 989,438 |
Redfin Corp. * | 61,676 | 438,208 |
RMR Group, Inc., Class A | 7,974 | 195,124 |
Seritage Growth Properties, Class A * | 24,233 | 228,517 |
St. Joe Co. | 20,003 | 1,077,561 |
Star Holdings * | 7,729 | 95,453 |
Tejon Ranch Co. * | 14,071 | 234,001 |
Zillow Group, Inc., Class C * | 113,725 | 6,385,659 |
56,931,541 | ||
Semiconductors & Semiconductor Equipment 8.8% | ||
ACM Research, Inc., Class A * | 29,762 | 920,241 |
Advanced Micro Devices, Inc. * | 881,783 | 169,769,681 |
Aehr Test Systems * | 14,052 | 228,626 |
Allegro MicroSystems, Inc. * | 38,704 | 1,218,789 |
Alpha & Omega Semiconductor Ltd. * | 11,749 | 257,303 |
Ambarella, Inc. * | 20,618 | 1,151,515 |
Amkor Technology, Inc. | 55,355 | 1,717,112 |
Analog Devices, Inc. | 271,991 | 52,173,314 |
Applied Materials, Inc. | 456,597 | 92,059,087 |
Axcelis Technologies, Inc. * | 17,612 | 1,984,344 |
Broadcom, Inc. | 239,438 | 311,386,725 |
CEVA, Inc. * | 12,404 | 280,827 |
Cirrus Logic, Inc. * | 29,917 | 2,746,979 |
Cohu, Inc. * | 25,788 | 828,568 |
Credo Technology Group Holding Ltd. * | 68,836 | 1,482,727 |
Diodes, Inc. * | 24,607 | 1,672,784 |
Enphase Energy, Inc. * | 74,548 | 9,468,341 |
Entegris, Inc. | 81,349 | 10,930,052 |
First Solar, Inc. * | 58,685 | 9,031,035 |
FormFactor, Inc. * | 42,016 | 1,807,948 |
Ichor Holdings Ltd. * | 15,366 | 657,665 |
Impinj, Inc. * | 13,408 | 1,464,422 |
indie Semiconductor, Inc., Class A * | 68,038 | 421,155 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Intel Corp. | 2,298,852 | 98,965,579 |
KLA Corp. | 74,107 | 50,563,206 |
Kulicke & Soffa Industries, Inc. | 30,655 | 1,459,791 |
Lam Research Corp. | 71,919 | 67,478,002 |
Lattice Semiconductor Corp. * | 76,562 | 5,865,415 |
MACOM Technology Solutions Holdings, Inc. * | 29,374 | 2,594,605 |
Marvell Technology, Inc. | 471,080 | 33,757,593 |
MaxLinear, Inc. * | 40,602 | 789,303 |
Microchip Technology, Inc. | 295,165 | 24,835,183 |
Micron Technology, Inc. | 599,379 | 54,309,731 |
MKS Instruments, Inc. | 34,126 | 4,189,308 |
Monolithic Power Systems, Inc. | 26,045 | 18,753,442 |
Navitas Semiconductor Corp. * | 66,050 | 405,547 |
NVIDIA Corp. | 1,348,062 | 1,066,478,809 |
NXP Semiconductors NV | 140,877 | 35,181,213 |
ON Semiconductor Corp. * | 234,965 | 18,543,438 |
Onto Innovation, Inc. * | 26,399 | 4,861,640 |
PDF Solutions, Inc. * | 16,040 | 545,200 |
Photronics, Inc. * | 34,398 | 990,318 |
Power Integrations, Inc. | 31,083 | 2,221,191 |
Qorvo, Inc. * | 53,118 | 6,084,667 |
QUALCOMM, Inc. | 607,439 | 95,847,800 |
Rambus, Inc. * | 59,022 | 3,496,463 |
Rigetti Computing, Inc. *(a) | 54,307 | 102,097 |
Semtech Corp. * | 34,148 | 723,938 |
Silicon Laboratories, Inc. * | 17,169 | 2,361,424 |
SiTime Corp. * | 10,076 | 932,030 |
SkyWater Technology, Inc. * | 19,557 | 226,079 |
Skyworks Solutions, Inc. | 87,665 | 9,197,812 |
SMART Global Holdings, Inc. * | 27,804 | 591,391 |
SolarEdge Technologies, Inc. * | 30,610 | 2,056,074 |
Synaptics, Inc. * | 21,254 | 2,127,525 |
Teradyne, Inc. | 83,607 | 8,660,849 |
Texas Instruments, Inc. | 495,434 | 82,900,971 |
Ultra Clean Holdings, Inc. * | 23,748 | 1,025,914 |
Universal Display Corp. | 23,685 | 4,131,138 |
Veeco Instruments, Inc. * | 31,436 | 1,138,297 |
Wolfspeed, Inc. * | 68,231 | 1,775,371 |
2,389,827,594 | ||
Software & Services 12.4% | ||
8x8, Inc. * | 62,527 | 176,951 |
A10 Networks, Inc. | 35,220 | 468,778 |
Accenture PLC, Class A | 342,421 | 128,332,542 |
ACI Worldwide, Inc. * | 58,257 | 1,917,238 |
Adeia, Inc. | 56,357 | 639,088 |
Adobe, Inc. * | 248,534 | 139,248,630 |
Agilysys, Inc. * | 10,717 | 833,783 |
Akamai Technologies, Inc. * | 82,743 | 9,177,854 |
Alarm.com Holdings, Inc. * | 27,336 | 2,069,062 |
Alkami Technology, Inc. * | 19,655 | 490,392 |
Altair Engineering, Inc., Class A * | 30,461 | 2,591,622 |
Alteryx, Inc., Class A * | 34,538 | 1,659,206 |
Amplitude, Inc., Class A * | 35,479 | 420,781 |
ANSYS, Inc. * | 47,160 | 15,759,457 |
Appfolio, Inc., Class A * | 10,868 | 2,631,034 |
Appian Corp., Class A * | 23,064 | 803,780 |
Applied Digital Corp. *(a) | 32,724 | 135,805 |
AppLovin Corp., Class A * | 70,255 | 4,195,629 |
Asana, Inc., Class A * | 43,056 | 848,203 |
Aspen Technology, Inc. * | 15,159 | 2,939,179 |
Atlassian Corp., Class A * | 84,525 | 17,532,175 |
Aurora Innovation, Inc. * | 450,250 | 1,143,635 |
Autodesk, Inc. * | 116,495 | 30,075,514 |
AvePoint, Inc. * | 47,177 | 377,416 |
Bentley Systems, Inc., Class B | 124,395 | 6,390,171 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
BigCommerce Holdings, Inc. * | 19,064 | 147,746 |
Bill Holdings, Inc. * | 53,699 | 3,400,758 |
Blackbaud, Inc. * | 22,855 | 1,581,109 |
BlackLine, Inc. * | 27,608 | 1,566,202 |
Blend Labs, Inc., Class A *(a) | 88,678 | 218,148 |
Box, Inc., Class A * | 77,829 | 2,007,210 |
Braze, Inc., Class A * | 28,021 | 1,594,395 |
C3.ai, Inc., Class A *(a) | 51,496 | 1,903,807 |
Cadence Design Systems, Inc. * | 148,382 | 45,164,513 |
CCC Intelligent Solutions Holdings, Inc. * | 137,693 | 1,612,385 |
Cerence, Inc. * | 21,939 | 326,891 |
Cipher Mining, Inc. *(a) | 26,863 | 79,514 |
Cleanspark, Inc. * | 84,214 | 1,408,058 |
Clear Secure, Inc., Class A | 44,674 | 859,975 |
Clearwater Analytics Holdings, Inc., Class A * | 69,089 | 1,189,713 |
Cloudflare, Inc., Class A * | 161,439 | 15,908,199 |
Cognizant Technology Solutions Corp., Class A | 272,959 | 21,569,220 |
CommVault Systems, Inc. * | 23,592 | 2,257,990 |
Confluent, Inc., Class A * | 120,916 | 4,095,425 |
Consensus Cloud Solutions, Inc. * | 9,424 | 150,030 |
Couchbase, Inc. * | 18,837 | 528,943 |
Crowdstrike Holdings, Inc., Class A * | 123,370 | 39,990,385 |
CS Disco, Inc. * | 11,111 | 73,999 |
Datadog, Inc., Class A * | 164,572 | 21,634,635 |
Digimarc Corp. * | 7,514 | 263,441 |
Digital Turbine, Inc. * | 50,025 | 158,579 |
DigitalOcean Holdings, Inc. * | 29,870 | 1,132,670 |
DocuSign, Inc. * | 110,249 | 5,872,964 |
Dolby Laboratories, Inc., Class A | 32,257 | 2,612,817 |
Domo, Inc., Class B * | 17,125 | 197,109 |
DoubleVerify Holdings, Inc. * | 74,997 | 2,316,657 |
Dropbox, Inc., Class A * | 139,623 | 3,343,971 |
DXC Technology Co. * | 105,992 | 2,316,985 |
Dynatrace, Inc. * | 129,079 | 6,395,864 |
E2open Parent Holdings, Inc. * | 93,042 | 393,568 |
Elastic NV * | 44,066 | 5,896,471 |
Enfusion, Inc., Class A * | 22,999 | 199,401 |
Envestnet, Inc. * | 26,822 | 1,382,138 |
EPAM Systems, Inc. * | 31,450 | 9,573,380 |
Everbridge, Inc. * | 21,873 | 618,350 |
EverCommerce, Inc. * | 15,524 | 151,980 |
Expensify, Inc., Class A * | 50,138 | 104,287 |
Fair Isaac Corp. * | 13,452 | 17,082,829 |
Fastly, Inc., Class A * | 66,769 | 949,455 |
Five9, Inc. * | 38,965 | 2,376,865 |
Fortinet, Inc. * | 347,713 | 24,030,445 |
Freshworks, Inc., Class A * | 92,981 | 1,900,532 |
Gartner, Inc. * | 42,567 | 19,817,493 |
Gen Digital, Inc. | 304,646 | 6,546,843 |
Gitlab, Inc., Class A * | 47,481 | 3,424,330 |
GoDaddy, Inc., Class A * | 76,316 | 8,711,471 |
Grid Dynamics Holdings, Inc. * | 29,865 | 402,879 |
Guidewire Software, Inc. * | 45,152 | 5,388,440 |
Hackett Group, Inc. | 12,836 | 317,306 |
HashiCorp, Inc., Class A * | 62,905 | 1,639,933 |
HubSpot, Inc. * | 27,509 | 17,022,844 |
Informatica, Inc., Class A * | 21,028 | 685,092 |
Instructure Holdings, Inc. * | 9,131 | 209,283 |
Intapp, Inc. * | 16,350 | 641,411 |
InterDigital, Inc. | 14,479 | 1,549,543 |
International Business Machines Corp. | 498,349 | 92,209,515 |
Intuit, Inc. | 153,011 | 101,429,462 |
Jamf Holding Corp. * | 30,725 | 552,743 |
Kaltura, Inc. * | 37,581 | 49,983 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Klaviyo, Inc., Class A *(a) | 16,957 | 449,361 |
Kyndryl Holdings, Inc. * | 123,966 | 2,723,533 |
LivePerson, Inc. * | 50,163 | 63,707 |
LiveRamp Holdings, Inc. * | 34,910 | 1,221,152 |
Manhattan Associates, Inc. * | 33,515 | 8,490,355 |
Marathon Digital Holdings, Inc. * | 123,173 | 3,190,181 |
Matterport, Inc. * | 60,192 | 127,607 |
MeridianLink, Inc. * | 10,730 | 203,441 |
Microsoft Corp. | 4,056,334 | 1,677,861,996 |
MicroStrategy, Inc., Class A * | 6,799 | 6,954,289 |
Model N, Inc. * | 18,725 | 459,886 |
MongoDB, Inc. * | 38,898 | 17,409,967 |
N-able, Inc. * | 37,931 | 510,931 |
nCino, Inc. * | 33,060 | 986,510 |
NCR Voyix Corp. * | 72,303 | 1,056,347 |
NextNav, Inc. *(a) | 18,590 | 79,565 |
Nutanix, Inc., Class A * | 132,802 | 8,387,774 |
Okta, Inc. * | 86,021 | 9,230,053 |
Olo, Inc., Class A * | 60,136 | 349,992 |
ON24, Inc. | 22,903 | 160,779 |
OneSpan, Inc. * | 20,092 | 193,084 |
Oracle Corp. | 867,601 | 96,893,680 |
PagerDuty, Inc. * | 51,653 | 1,247,936 |
Palantir Technologies, Inc., Class A * | 1,049,622 | 26,324,520 |
Palo Alto Networks, Inc. * | 169,750 | 52,715,862 |
Pegasystems, Inc. | 22,519 | 1,464,636 |
Perficient, Inc. * | 19,212 | 1,246,282 |
PowerSchool Holdings, Inc., Class A * | 30,904 | 645,585 |
Procore Technologies, Inc. * | 48,031 | 3,747,859 |
Progress Software Corp. | 23,388 | 1,247,984 |
PROS Holdings, Inc. * | 22,353 | 799,120 |
PTC, Inc. * | 65,168 | 11,926,396 |
Q2 Holdings, Inc. * | 31,771 | 1,468,773 |
Qualys, Inc. * | 19,901 | 3,420,186 |
Rackspace Technology, Inc. * | 35,955 | 75,865 |
Rapid7, Inc. * | 33,139 | 1,941,283 |
RingCentral, Inc., Class A * | 46,364 | 1,549,485 |
Riot Platforms, Inc. * | 114,123 | 1,611,417 |
Roper Technologies, Inc. | 58,270 | 31,741,417 |
Salesforce, Inc. * | 531,035 | 163,994,229 |
Samsara, Inc., Class A * | 88,957 | 3,073,464 |
SEMrush Holdings, Inc., Class A * | 16,903 | 210,949 |
SentinelOne, Inc., Class A * | 133,293 | 3,754,864 |
ServiceNow, Inc. * | 111,881 | 86,298,291 |
Smartsheet, Inc., Class A * | 74,939 | 3,163,175 |
Snowflake, Inc., Class A * | 180,193 | 33,926,738 |
SolarWinds Corp. * | 26,264 | 313,592 |
SoundHound AI, Inc., Class A *(a) | 124,924 | 926,936 |
Splunk, Inc. * | 84,472 | 13,196,216 |
Sprinklr, Inc., Class A * | 56,773 | 739,752 |
Sprout Social, Inc., Class A * | 25,877 | 1,599,716 |
SPS Commerce, Inc. * | 19,805 | 3,667,094 |
Squarespace, Inc., Class A * | 27,672 | 920,924 |
Synopsys, Inc. * | 82,985 | 47,610,984 |
Telos Corp. * | 25,208 | 92,513 |
Tenable Holdings, Inc. * | 62,600 | 3,014,816 |
Teradata Corp. * | 54,640 | 2,055,557 |
Thoughtworks Holding, Inc. * | 58,964 | 183,968 |
Tucows, Inc., Class A * | 4,729 | 89,378 |
Twilio, Inc., Class A * | 98,346 | 5,860,438 |
Tyler Technologies, Inc. * | 23,125 | 10,108,862 |
UiPath, Inc., Class A * | 223,990 | 5,319,762 |
Unisys Corp. * | 34,745 | 180,327 |
Unity Software, Inc. * | 131,263 | 3,848,631 |
Varonis Systems, Inc. * | 59,898 | 3,042,818 |
Verint Systems, Inc. * | 34,467 | 1,089,502 |
VeriSign, Inc. * | 48,657 | 9,502,226 |
Vertex, Inc., Class A * | 27,131 | 911,059 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Weave Communications, Inc. * | 15,709 | 196,834 |
Workday, Inc., Class A * | 112,971 | 33,288,035 |
Workiva, Inc. * | 26,545 | 2,286,055 |
Xperi, Inc. * | 22,415 | 245,668 |
Yext, Inc. * | 56,107 | 332,153 |
Zeta Global Holdings Corp., Class A * | 86,493 | 908,176 |
Zoom Video Communications, Inc., Class A * | 139,637 | 9,876,525 |
Zscaler, Inc. * | 48,251 | 11,675,294 |
Zuora, Inc., Class A * | 68,723 | 555,282 |
3,338,236,103 | ||
Technology Hardware & Equipment 7.2% | ||
908 Devices, Inc. * | 19,540 | 143,619 |
ADTRAN Holdings, Inc. | 37,890 | 215,594 |
Advanced Energy Industries, Inc. | 20,347 | 2,059,116 |
Amphenol Corp., Class A | 326,004 | 35,612,677 |
Apple, Inc. | 7,978,994 | 1,442,203,165 |
Arista Networks, Inc. * | 137,260 | 38,095,140 |
Arlo Technologies, Inc. * | 51,276 | 533,783 |
Arrow Electronics, Inc. * | 29,834 | 3,505,495 |
Avnet, Inc. | 49,218 | 2,293,067 |
Badger Meter, Inc. | 15,897 | 2,522,695 |
Bel Fuse, Inc., Class B | 6,025 | 313,119 |
Belden, Inc. | 23,196 | 1,975,835 |
Benchmark Electronics, Inc. | 19,474 | 598,047 |
Calix, Inc. * | 31,231 | 1,089,025 |
CDW Corp. | 73,148 | 18,009,769 |
Ciena Corp. * | 81,452 | 4,641,135 |
Cisco Systems, Inc. | 2,209,930 | 106,894,314 |
Clearfield, Inc. * | 6,807 | 205,367 |
Cognex Corp. | 95,572 | 3,770,315 |
Coherent Corp. * | 73,583 | 4,376,717 |
CommScope Holding Co., Inc. * | 85,289 | 99,362 |
Comtech Telecommunications Corp. * | 16,670 | 112,689 |
Corning, Inc. | 418,459 | 13,491,118 |
Corsair Gaming, Inc. * | 21,670 | 280,627 |
Crane NXT Co. | 25,917 | 1,514,071 |
CTS Corp. | 17,135 | 763,536 |
Dell Technologies, Inc., Class C | 138,950 | 13,153,007 |
Diebold Nixdorf, Inc. * | 20,622 | 679,701 |
Digi International, Inc. * | 19,972 | 590,372 |
ePlus, Inc. * | 14,387 | 1,185,345 |
Evolv Technologies Holdings, Inc. * | 41,212 | 196,581 |
Extreme Networks, Inc. * | 69,798 | 882,247 |
F5, Inc. * | 32,572 | 6,098,130 |
Fabrinet * | 19,702 | 4,247,160 |
FARO Technologies, Inc. * | 10,083 | 225,758 |
Harmonic, Inc. * | 61,184 | 803,346 |
Hewlett Packard Enterprise Co. | 698,238 | 10,634,165 |
HP, Inc. | 476,008 | 13,485,307 |
Infinera Corp. * | 112,070 | 562,591 |
Insight Enterprises, Inc. * | 15,814 | 2,973,032 |
IonQ, Inc. *(a) | 92,432 | 957,596 |
IPG Photonics Corp. * | 15,696 | 1,355,350 |
Itron, Inc. * | 24,777 | 2,296,332 |
Jabil, Inc. | 69,783 | 10,055,032 |
Juniper Networks, Inc. | 174,155 | 6,448,960 |
Keysight Technologies, Inc. * | 97,218 | 15,000,737 |
Kimball Electronics, Inc. * | 13,923 | 313,407 |
Knowles Corp. * | 51,668 | 844,255 |
Lightwave Logic, Inc. *(a) | 61,132 | 257,366 |
Littelfuse, Inc. | 13,484 | 3,212,428 |
Lumentum Holdings, Inc. * | 37,064 | 1,796,492 |
Methode Electronics, Inc. | 19,645 | 418,439 |
MicroVision, Inc. *(a) | 97,005 | 228,932 |
Mirion Technologies, Inc. * | 99,343 | 971,575 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Motorola Solutions, Inc. | 90,769 | 29,989,170 |
Napco Security Technologies, Inc. | 15,545 | 699,991 |
NetApp, Inc. | 114,192 | 10,176,791 |
NETGEAR, Inc. * | 16,308 | 244,457 |
NetScout Systems, Inc. * | 41,527 | 899,060 |
nLight, Inc. * | 24,099 | 318,830 |
Novanta, Inc. * | 19,331 | 3,343,103 |
OSI Systems, Inc. * | 8,239 | 1,080,792 |
Ouster, Inc. * | 15,590 | 84,654 |
PAR Technology Corp. * | 15,132 | 663,084 |
PC Connection, Inc. | 5,785 | 384,008 |
Plexus Corp. * | 14,822 | 1,399,197 |
Pure Storage, Inc., Class A * | 161,459 | 8,500,816 |
Ribbon Communications, Inc. * | 49,287 | 147,368 |
Rogers Corp. * | 9,141 | 1,024,432 |
Sanmina Corp. * | 31,438 | 1,986,882 |
ScanSource, Inc. * | 12,894 | 557,408 |
Seagate Technology Holdings PLC | 105,278 | 9,796,118 |
SmartRent, Inc. * | 102,837 | 298,227 |
Super Micro Computer, Inc. * | 25,232 | 21,853,940 |
TD SYNNEX Corp. | 31,396 | 3,262,044 |
TE Connectivity Ltd. | 169,654 | 24,355,528 |
Teledyne Technologies, Inc. * | 25,726 | 10,991,948 |
Trimble, Inc. * | 134,905 | 8,254,837 |
TTM Technologies, Inc. * | 57,173 | 849,019 |
Ubiquiti, Inc. | 2,172 | 254,515 |
Viasat, Inc. * | 41,787 | 817,772 |
Viavi Solutions, Inc. * | 121,624 | 1,161,509 |
Vishay Intertechnology, Inc. | 68,306 | 1,485,656 |
Vontier Corp. | 84,965 | 3,653,495 |
Western Digital Corp. * | 177,530 | 10,557,709 |
Xerox Holdings Corp. | 62,717 | 1,169,672 |
Zebra Technologies Corp., Class A * | 28,286 | 7,905,371 |
1,953,360,443 | ||
Telecommunication Services 0.8% | ||
Anterix, Inc. * | 10,845 | 430,547 |
AT&T, Inc. | 3,896,154 | 65,961,887 |
ATN International, Inc. | 5,570 | 186,818 |
Bandwidth, Inc., Class A * | 12,559 | 257,962 |
Cogent Communications Holdings, Inc. | 23,216 | 1,878,407 |
Consolidated Communications Holdings, Inc. * | 40,953 | 176,507 |
Frontier Communications Parent, Inc. * | 121,514 | 2,877,452 |
GCI Liberty, Inc. *(c) | 47,809 | 0 |
Globalstar, Inc. * | 404,970 | 631,753 |
Gogo, Inc. * | 36,684 | 299,341 |
IDT Corp., Class B * | 11,326 | 421,441 |
Iridium Communications, Inc. | 68,334 | 1,978,269 |
Liberty Global Ltd., Class C * | 200,142 | 3,712,634 |
Liberty Latin America Ltd., Class C * | 83,903 | 547,048 |
Lumen Technologies, Inc. * | 597,610 | 968,128 |
Shenandoah Telecommunications Co. | 27,884 | 520,315 |
Telephone & Data Systems, Inc. | 54,908 | 840,092 |
T-Mobile U.S., Inc. | 277,143 | 45,257,452 |
U.S. Cellular Corp. * | 7,821 | 272,875 |
Verizon Communications, Inc. | 2,291,797 | 91,717,716 |
218,936,644 | ||
Transportation 1.8% | ||
Air Transport Services Group, Inc. * | 30,391 | 366,819 |
Alaska Air Group, Inc. * | 72,198 | 2,699,483 |
Allegiant Travel Co. | 8,571 | 623,797 |
American Airlines Group, Inc. * | 356,626 | 5,591,896 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
ArcBest Corp. | 12,952 | 1,850,323 |
Avis Budget Group, Inc. | 10,677 | 1,153,543 |
CH Robinson Worldwide, Inc. | 63,216 | 4,683,041 |
CSX Corp. | 1,076,908 | 40,857,890 |
Daseke, Inc. * | 23,778 | 196,169 |
Delta Air Lines, Inc. | 352,696 | 14,908,460 |
Expeditors International of Washington, Inc. | 78,960 | 9,443,616 |
FedEx Corp. | 126,243 | 31,430,720 |
Forward Air Corp. | 13,922 | 516,924 |
Frontier Group Holdings, Inc. * | 20,492 | 142,214 |
GXO Logistics, Inc. * | 64,609 | 3,344,162 |
Hawaiian Holdings, Inc. * | 22,556 | 318,265 |
Heartland Express, Inc. | 25,961 | 331,782 |
Hertz Global Holdings, Inc. * | 72,476 | 568,937 |
Hub Group, Inc., Class A * | 34,990 | 1,488,125 |
JB Hunt Transport Services, Inc. | 44,674 | 9,216,693 |
JetBlue Airways Corp. * | 180,284 | 1,168,240 |
Joby Aviation, Inc. * | 200,588 | 1,127,305 |
Kirby Corp. * | 32,614 | 2,860,900 |
Knight-Swift Transportation Holdings, Inc. | 87,223 | 4,914,144 |
Landstar System, Inc. | 19,586 | 3,725,257 |
Lyft, Inc., Class A * | 192,008 | 3,049,087 |
Marten Transport Ltd. | 31,847 | 600,316 |
Matson, Inc. | 19,497 | 2,165,142 |
Norfolk Southern Corp. | 123,600 | 31,317,768 |
Old Dominion Freight Line, Inc. | 48,864 | 21,621,343 |
RXO, Inc. * | 64,198 | 1,381,541 |
Ryder System, Inc. | 23,749 | 2,709,761 |
Saia, Inc. * | 14,343 | 8,252,962 |
Schneider National, Inc., Class B | 19,539 | 460,143 |
SkyWest, Inc. * | 21,755 | 1,397,106 |
Southwest Airlines Co. | 324,502 | 11,120,684 |
Spirit Airlines, Inc. (a) | 59,606 | 384,459 |
Sun Country Airlines Holdings, Inc. * | 22,109 | 331,635 |
Uber Technologies, Inc. * | 1,123,443 | 89,313,718 |
U-Haul Holding Co. * | 5,151 | 331,621 |
U-Haul Holding Co., Non Voting Shares | 53,307 | 3,388,726 |
Union Pacific Corp. | 332,593 | 84,375,518 |
United Airlines Holdings, Inc. * | 178,321 | 8,111,822 |
United Parcel Service, Inc., Class B | 394,746 | 58,525,042 |
Universal Logistics Holdings, Inc. | 3,740 | 126,524 |
Werner Enterprises, Inc. | 34,953 | 1,403,013 |
XPO, Inc. * | 62,707 | 7,544,906 |
481,441,542 | ||
Utilities 2.1% | ||
AES Corp. | 365,189 | 5,550,873 |
ALLETE, Inc. | 30,843 | 1,746,948 |
Alliant Energy Corp. | 138,952 | 6,634,958 |
Altus Power, Inc. * | 40,014 | 272,495 |
Ameren Corp. | 144,649 | 10,297,562 |
American Electric Power Co., Inc. | 286,618 | 24,416,988 |
American States Water Co. | 20,113 | 1,436,269 |
American Water Works Co., Inc. | 106,774 | 12,656,990 |
Atmos Energy Corp. | 80,445 | 9,083,045 |
Avangrid, Inc. | 38,128 | 1,186,925 |
Avista Corp. | 41,559 | 1,379,759 |
Black Hills Corp. | 36,168 | 1,881,821 |
California Water Service Group | 30,681 | 1,407,951 |
CenterPoint Energy, Inc. | 343,543 | 9,447,433 |
Chesapeake Utilities Corp. | 11,729 | 1,196,710 |
Clearway Energy, Inc., Class C | 62,895 | 1,371,111 |
CMS Energy Corp. | 160,138 | 9,187,117 |
Consolidated Edison, Inc. | 188,144 | 16,408,038 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Constellation Energy Corp. | 174,393 | 29,376,501 |
Dominion Energy, Inc. | 458,017 | 21,906,953 |
DTE Energy Co. | 112,302 | 12,167,922 |
Duke Energy Corp. | 420,987 | 38,659,236 |
Edison International | 208,504 | 14,182,442 |
Entergy Corp. | 115,220 | 11,702,895 |
Essential Utilities, Inc. | 138,140 | 4,804,509 |
Evergy, Inc. | 124,696 | 6,177,440 |
Eversource Energy | 190,532 | 11,184,228 |
Exelon Corp. | 542,944 | 19,459,113 |
FirstEnergy Corp. | 282,820 | 10,354,040 |
Hawaiian Electric Industries, Inc. | 59,270 | 721,909 |
IDACORP, Inc. | 27,529 | 2,425,580 |
MGE Energy, Inc. | 19,696 | 1,244,590 |
Middlesex Water Co. | 9,494 | 483,150 |
Montauk Renewables, Inc. * | 32,724 | 185,872 |
National Fuel Gas Co. | 49,802 | 2,427,350 |
New Jersey Resources Corp. | 54,930 | 2,285,637 |
NextEra Energy, Inc. | 1,119,759 | 61,799,499 |
NiSource, Inc. | 226,866 | 5,912,128 |
Northwest Natural Holding Co. | 19,757 | 725,872 |
Northwestern Energy Group, Inc. | 32,483 | 1,556,585 |
NRG Energy, Inc. | 122,508 | 6,777,143 |
OGE Energy Corp. | 108,605 | 3,574,191 |
ONE Gas, Inc. | 30,189 | 1,799,264 |
Ormat Technologies, Inc. | 30,840 | 2,009,226 |
Otter Tail Corp. | 22,357 | 2,022,414 |
PG&E Corp. | 1,161,238 | 19,381,062 |
Pinnacle West Capital Corp. | 62,074 | 4,241,517 |
PNM Resources, Inc. | 46,518 | 1,698,372 |
Portland General Electric Co. | 55,478 | 2,228,551 |
PPL Corp. | 401,287 | 10,581,938 |
Public Service Enterprise Group, Inc. | 271,115 | 16,917,576 |
Sempra | 342,319 | 24,167,722 |
SJW Group | 16,960 | 933,818 |
Southern Co. | 596,899 | 40,141,458 |
Southwest Gas Holdings, Inc. | 32,537 | 2,217,397 |
Spire, Inc. | 28,704 | 1,702,721 |
Sunnova Energy International, Inc. * | 62,715 | 456,565 |
UGI Corp. | 113,607 | 2,781,099 |
Unitil Corp. | 8,367 | 426,382 |
Vistra Corp. | 182,202 | 9,937,297 |
WEC Energy Group, Inc. | 173,149 | 13,590,465 |
Xcel Energy, Inc. | 300,481 | 15,832,344 |
York Water Co. | 7,252 | 256,721 |
558,981,687 | ||
Total Common Stocks (Cost $15,386,383,906) | 26,957,436,296 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
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% (d) | 12,735,736 | 12,735,736 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (d)(e) | 35,236,224 | 35,236,224 |
47,971,960 | ||
Total Short-Term Investments (Cost $47,971,960) | 47,971,960 | |
Total Investments in Securities (Cost $15,434,355,866) | 27,005,408,256 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
S&P 500 Index, e-mini, expires 03/15/24 | 191 | 48,740,813 | 934,020 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $34,274,527. |
(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 8/31/23 | PURCHASES | SALES | REALIZED GAINS (LOSSES) | NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) | VALUE AT 2/29/24 | BALANCE OF SHARES HELD AT 2/29/24 | DIVIDENDS RECEIVED |
COMMON STOCKS 0.2% OF NET ASSETS | ||||||||
Financial Services 0.2% | ||||||||
Charles Schwab Corp. | $46,580,980 | $1,747,400 | ($582,810 ) | ($14,281 ) | $6,069,350 | $53,800,639 | 805,640 | $398,085 |
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 | $23,403,296,743 | $— | $— | $23,403,296,743 |
Health Care Equipment & Services | 1,369,186,879 | — | 0 * | 1,369,186,879 |
Pharmaceuticals, Biotechnology & Life Sciences | 1,965,934,478 | — | 81,552 | 1,966,016,030 |
Telecommunication Services | 218,936,644 | — | 0 * | 218,936,644 |
Short-Term Investments1 | 47,971,960 | — | — | 47,971,960 |
Futures Contracts2 | 934,020 | — | — | 934,020 |
Total | $27,006,260,724 | $— | $81,552 | $27,006,342,276 |
* | Level 3 amount shown includes securities determined to have no value at February 29, 2024. |
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 $36,850,284) | $53,800,639 | |
Investments in securities, at value - unaffiliated (cost $15,397,505,582) including securities on loan of $34,274,527 | 26,951,607,617 | |
Deposit with broker for futures contracts | 3,292,800 | |
Receivables: | ||
Dividends | 35,081,066 | |
Investments sold | 645,330 | |
Variation margin on future contracts | 212,943 | |
Income from securities on loan | 155,588 | |
Foreign tax reclaims | + | 10,434 |
Total assets | 27,044,806,417 | |
Liabilities | ||
Collateral held for securities on loan | 35,236,224 | |
Payables: | ||
Management fees | 628,030 | |
Investments bought | + | 596,280 |
Total liabilities | 36,460,534 | |
Net assets | $27,008,345,883 | |
Net Assets by Source | ||
Capital received from investors | $15,913,299,806 | |
Total distributable earnings | + | 11,095,046,077 |
Net assets | $27,008,345,883 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$27,008,345,883 | 455,250,000 | $59.33 | ||
For the period September 1, 2023 through February 29, 2024; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $66,866) | $187,288,288 | |
Dividends received from securities - affiliated | 398,085 | |
Interest received from securities - unaffiliated | 77,835 | |
Securities on loan, net | + | 904,328 |
Total investment income | 188,668,536 | |
Expenses | ||
Management fees | 3,592,214 | |
Total expenses | – | 3,592,214 |
Net investment income | 185,076,322 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - affiliated | (131,264 ) | |
Net realized losses on sales of securities - unaffiliated | (58,183,757 ) | |
Net realized gains on sales of in-kind redemptions - affiliated | 116,983 | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 69,174,144 | |
Net realized gains on futures contracts | + | 3,358,845 |
Net realized gains | 14,334,951 | |
Net change in unrealized appreciation (depreciation) on securities - affiliated | 6,069,350 | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 3,062,439,066 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 758,044 |
Net change in unrealized appreciation (depreciation) | + | 3,069,266,460 |
Net realized and unrealized gains | 3,083,601,411 | |
Increase in net assets resulting from operations | $3,268,677,733 |
OPERATIONS | |||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||
Net investment income | $185,076,322 | $344,248,322 | |
Net realized gains | 14,334,951 | 411,030,993 | |
Net change in unrealized appreciation (depreciation) | + | 3,069,266,460 | 2,265,097,115 |
Increase in net assets resulting from operations | $3,268,677,733 | $3,020,376,430 | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($185,868,810 ) | ($337,594,345 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 10,800,000 | $583,285,729 | 35,500,000 | $1,616,821,269 | |
Shares redeemed | + | (2,100,000 ) | (113,057,131 ) | (26,950,000 ) | (1,204,382,336 ) |
Net transactions in fund shares | 8,700,000 | $470,228,598 | 8,550,000 | $412,438,933 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 446,550,000 | $23,455,308,362 | 438,000,000 | $20,360,087,344 | |
Total increase | + | 8,700,000 | 3,553,037,521 | 8,550,000 | 3,095,221,018 |
End of period | 455,250,000 | $27,008,345,883 | 446,550,000 | $23,455,308,362 |
9/1/23– 2/29/24* | 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 | $43.47 | $38.30 | $44.81 | $34.50 | $28.80 | $28.62 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 0.33 | 0.63 | 0.57 | 0.56 | 0.61 | 0.57 |
Net realized and unrealized gains (losses) | 5.77 | 5.15 | (6.51 ) | 10.32 | 5.67 | 0.10 |
Total from investment operations | 6.10 | 5.78 | (5.94 ) | 10.88 | 6.28 | 0.67 |
Less distributions: | ||||||
Distributions from net investment income | (0.34 ) | (0.61 ) | (0.57 ) | (0.57 ) | (0.58 ) | (0.49 ) |
Net asset value at end of period | $49.23 | $43.47 | $38.30 | $44.81 | $34.50 | $28.80 |
Total return | 14.14 %2 | 15.31 % | (13.36 %) | 31.95 % | 22.25 % | 2.42 % |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.05 %3 | 0.05 % | 0.05 %4 | 0.05 % | 0.05 % | 0.05 % |
Net investment income (loss) | 1.52 %3 | 1.61 % | 1.36 % | 1.43 % | 2.03 % | 2.06 % |
Portfolio turnover rate5 | 2 %2 | 4 % | 4 % | 5 % | 5 % | 5 % |
Net assets, end of period (x 1,000,000) | $3,375 | $2,939 | $2,235 | $2,090 | $1,145 | $838 |
* | Unaudited. |
1 | Calculated based on the average shares outstanding during the period. |
2 | Not annualized. |
3 | Annualized. |
4 | Ratio includes less than 0.005% of non-routine proxy expenses. |
5 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.9% OF NET ASSETS | ||
Automobiles & Components 1.6% | ||
Aptiv PLC * | 20,193 | 1,605,142 |
Autoliv, Inc. | 5,414 | 628,186 |
BorgWarner, Inc. | 16,681 | 519,280 |
Ford Motor Co. | 279,559 | 3,477,714 |
Fox Factory Holding Corp. * | 2,967 | 150,101 |
General Motors Co. | 97,460 | 3,993,911 |
Gentex Corp. | 16,778 | 612,900 |
Harley-Davidson, Inc. | 9,052 | 328,316 |
Lear Corp. | 4,166 | 572,200 |
Lucid Group, Inc. *(a) | 62,917 | 207,626 |
Rivian Automotive, Inc., Class A * | 48,176 | 545,352 |
Tesla, Inc. * | 197,288 | 39,828,501 |
Thor Industries, Inc. | 3,768 | 482,982 |
52,952,211 | ||
Banks 3.2% | ||
Bank of America Corp. | 490,993 | 16,949,078 |
Bank OZK | 7,635 | 334,413 |
BOK Financial Corp. | 1,999 | 169,935 |
Citigroup, Inc. | 136,453 | 7,571,777 |
Citizens Financial Group, Inc. | 33,319 | 1,045,883 |
Columbia Banking System, Inc. | 14,727 | 266,559 |
Comerica, Inc. | 9,595 | 473,801 |
Commerce Bancshares, Inc. | 8,444 | 439,426 |
Cullen/Frost Bankers, Inc. | 4,565 | 495,348 |
East West Bancorp, Inc. | 10,258 | 747,398 |
Fifth Third Bancorp | 48,593 | 1,668,684 |
First Citizens BancShares, Inc., Class A | 871 | 1,370,788 |
First Horizon Corp. | 39,594 | 558,275 |
Home BancShares, Inc. | 13,484 | 316,335 |
Huntington Bancshares, Inc. | 104,198 | 1,358,742 |
JPMorgan Chase & Co. | 206,193 | 38,364,270 |
KeyCorp | 66,444 | 948,156 |
M&T Bank Corp. | 11,841 | 1,654,661 |
New York Community Bancorp, Inc. | 51,318 | 245,813 |
Old National Bancorp | 21,012 | 345,227 |
Pinnacle Financial Partners, Inc. | 5,538 | 458,103 |
PNC Financial Services Group, Inc. | 28,420 | 4,183,424 |
Popular, Inc. | 5,249 | 439,236 |
Prosperity Bancshares, Inc. | 6,730 | 420,019 |
Regions Financial Corp. | 66,447 | 1,237,908 |
SouthState Corp. | 5,488 | 461,212 |
Synovus Financial Corp. | 10,378 | 393,741 |
Truist Financial Corp. | 95,223 | 3,330,901 |
U.S. Bancorp | 110,827 | 4,650,301 |
Valley National Bancorp | 31,409 | 257,240 |
Webster Financial Corp. | 12,206 | 581,494 |
Wells Fargo & Co. | 258,859 | 14,389,972 |
Western Alliance Bancorp | 7,875 | 454,624 |
Wintrust Financial Corp. | 4,331 | 417,292 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Zions Bancorp NA | 10,970 | 432,547 |
107,432,583 | ||
Capital Goods 6.3% | ||
3M Co. | 39,399 | 3,629,436 |
A O Smith Corp. | 8,709 | 721,976 |
AAON, Inc. | 4,899 | 411,418 |
Acuity Brands, Inc. | 2,230 | 560,265 |
Advanced Drainage Systems, Inc. | 4,912 | 801,835 |
AECOM | 9,903 | 879,683 |
AGCO Corp. | 4,411 | 483,887 |
Air Lease Corp. | 7,305 | 292,931 |
Allegion PLC | 6,285 | 803,663 |
Allison Transmission Holdings, Inc. | 6,342 | 477,743 |
AMETEK, Inc. | 16,464 | 2,966,484 |
API Group Corp. * | 14,548 | 509,907 |
Applied Industrial Technologies, Inc. | 2,750 | 522,197 |
Atkore, Inc. | 2,756 | 466,866 |
Axon Enterprise, Inc. * | 5,062 | 1,555,907 |
AZEK Co., Inc. * | 10,714 | 515,451 |
Beacon Roofing Supply, Inc. * | 4,516 | 387,879 |
Boeing Co. * | 40,544 | 8,259,624 |
Boise Cascade Co. | 2,884 | 391,964 |
Builders FirstSource, Inc. * | 8,785 | 1,714,656 |
BWX Technologies, Inc. | 6,647 | 670,217 |
Carlisle Cos., Inc. | 3,479 | 1,217,650 |
Carrier Global Corp. | 59,766 | 3,321,794 |
Caterpillar, Inc. | 36,429 | 12,165,829 |
Chart Industries, Inc. * | 2,970 | 424,294 |
Comfort Systems USA, Inc. | 2,576 | 787,560 |
Core & Main, Inc., Class A * | 12,010 | 573,237 |
Crane Co. | 3,523 | 428,256 |
Cummins, Inc. | 10,091 | 2,710,544 |
Curtiss-Wright Corp. | 2,755 | 650,924 |
Deere & Co. | 19,172 | 6,998,739 |
Donaldson Co., Inc. | 8,630 | 618,081 |
Dover Corp. | 9,958 | 1,646,854 |
Eaton Corp. PLC | 28,486 | 8,232,454 |
EMCOR Group, Inc. | 3,407 | 1,068,163 |
Emerson Electric Co. | 40,669 | 4,345,483 |
Esab Corp. | 4,009 | 397,372 |
Fastenal Co. | 40,775 | 2,976,983 |
Ferguson PLC | 14,586 | 3,084,210 |
Flowserve Corp. | 9,340 | 395,269 |
Fluor Corp. * | 12,128 | 446,310 |
Fortive Corp. | 25,149 | 2,140,934 |
Fortune Brands Innovations, Inc. | 9,091 | 739,462 |
Franklin Electric Co., Inc. | 2,841 | 295,350 |
Generac Holdings, Inc. * | 4,438 | 499,319 |
General Dynamics Corp. | 16,213 | 4,430,202 |
General Electric Co. | 77,584 | 12,172,154 |
Graco, Inc. | 11,995 | 1,094,664 |
HEICO Corp. | 7,104 | 1,373,914 |
Hexcel Corp. | 5,975 | 444,899 |
Honeywell International, Inc. | 46,995 | 9,339,316 |
Howmet Aerospace, Inc. | 27,811 | 1,850,822 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Hubbell, Inc. | 3,844 | 1,463,295 |
Huntington Ingalls Industries, Inc. | 2,842 | 828,784 |
IDEX Corp. | 5,430 | 1,280,937 |
Illinois Tool Works, Inc. | 19,515 | 5,115,857 |
Ingersoll Rand, Inc. | 28,878 | 2,637,428 |
ITT, Inc. | 5,818 | 733,883 |
Johnson Controls International PLC | 48,463 | 2,872,402 |
L3Harris Technologies, Inc. | 13,591 | 2,876,671 |
Lennox International, Inc. | 2,329 | 1,097,448 |
Leonardo DRS, Inc. * | 5,033 | 114,299 |
Lincoln Electric Holdings, Inc. | 4,120 | 1,057,192 |
Lockheed Martin Corp. | 15,760 | 6,749,062 |
Masco Corp. | 16,027 | 1,230,233 |
MasTec, Inc. * | 4,219 | 318,366 |
Middleby Corp. * | 3,915 | 595,706 |
MSC Industrial Direct Co., Inc., Class A | 3,357 | 338,856 |
Mueller Industries, Inc. | 8,209 | 421,778 |
Nordson Corp. | 3,940 | 1,046,661 |
Northrop Grumman Corp. | 10,147 | 4,677,970 |
nVent Electric PLC | 11,851 | 797,809 |
Oshkosh Corp. | 4,635 | 513,836 |
Otis Worldwide Corp. | 29,162 | 2,779,139 |
Owens Corning | 6,321 | 946,759 |
PACCAR, Inc. | 37,355 | 4,142,296 |
Parker-Hannifin Corp. | 9,190 | 4,920,785 |
Pentair PLC | 11,915 | 926,868 |
Plug Power, Inc. *(a) | 38,677 | 136,530 |
Quanta Services, Inc. | 10,434 | 2,519,915 |
RBC Bearings, Inc. * | 2,102 | 573,489 |
Regal Rexnord Corp. | 4,701 | 806,174 |
Rockwell Automation, Inc. | 8,199 | 2,337,371 |
RTX Corp. | 102,547 | 9,195,389 |
Sensata Technologies Holding PLC | 10,880 | 374,490 |
Simpson Manufacturing Co., Inc. | 3,023 | 630,840 |
SiteOne Landscape Supply, Inc. * | 3,231 | 544,359 |
Snap-on, Inc. | 3,825 | 1,054,399 |
Stanley Black & Decker, Inc. | 10,923 | 975,315 |
Textron, Inc. | 14,024 | 1,249,118 |
Timken Co. | 4,677 | 392,821 |
Toro Co. | 7,423 | 685,217 |
Trane Technologies PLC | 16,370 | 4,615,849 |
TransDigm Group, Inc. | 3,978 | 4,685,050 |
Trex Co., Inc. * | 7,802 | 715,912 |
UFP Industries, Inc. | 4,379 | 501,965 |
United Rentals, Inc. | 4,860 | 3,369,292 |
Valmont Industries, Inc. | 1,502 | 318,319 |
Vertiv Holdings Co. | 25,125 | 1,698,952 |
Watsco, Inc. | 2,443 | 962,835 |
Watts Water Technologies, Inc., Class A | 1,938 | 395,255 |
WESCO International, Inc. | 3,123 | 466,857 |
Westinghouse Air Brake Technologies Corp. | 12,816 | 1,810,773 |
WillScot Mobile Mini Holdings Corp. * | 13,625 | 650,594 |
Woodward, Inc. | 4,314 | 610,388 |
WW Grainger, Inc. | 3,162 | 3,078,081 |
Xylem, Inc. | 17,204 | 2,185,768 |
Zurn Elkay Water Solutions Corp. | 10,087 | 320,262 |
212,240,930 | ||
Commercial & Professional Services 1.5% | ||
Automatic Data Processing, Inc. | 29,358 | 7,372,675 |
Booz Allen Hamilton Holding Corp., Class A | 9,330 | 1,378,134 |
Broadridge Financial Solutions, Inc. | 8,438 | 1,717,808 |
CACI International, Inc., Class A * | 1,576 | 590,764 |
Casella Waste Systems, Inc., Class A * | 4,150 | 373,915 |
Cintas Corp. | 6,210 | 3,903,668 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Clarivate PLC * | 30,873 | 221,668 |
Clean Harbors, Inc. * | 3,575 | 651,008 |
Copart, Inc. * | 62,107 | 3,300,987 |
Dayforce, Inc. * | 11,080 | 772,941 |
Dun & Bradstreet Holdings, Inc. | 17,128 | 180,529 |
Equifax, Inc. | 8,774 | 2,400,479 |
ExlService Holdings, Inc. * | 11,836 | 368,336 |
Exponent, Inc. | 3,567 | 288,535 |
FTI Consulting, Inc. * | 2,542 | 525,889 |
Genpact Ltd. | 12,177 | 414,018 |
Jacobs Solutions, Inc. | 9,045 | 1,326,449 |
KBR, Inc. | 9,637 | 578,509 |
Leidos Holdings, Inc. | 9,815 | 1,254,946 |
Maximus, Inc. | 4,386 | 366,933 |
MSA Safety, Inc. | 2,709 | 498,862 |
Parsons Corp. * | 2,899 | 233,688 |
Paychex, Inc. | 22,969 | 2,816,459 |
Paycom Software, Inc. | 3,511 | 640,371 |
Paylocity Holding Corp. * | 3,051 | 514,429 |
RB Global, Inc. | 13,087 | 993,434 |
Republic Services, Inc. | 14,594 | 2,679,458 |
Robert Half, Inc. | 7,639 | 614,176 |
Rollins, Inc. | 19,878 | 876,023 |
Science Applications International Corp. | 3,818 | 534,367 |
SS&C Technologies Holdings, Inc. | 15,477 | 986,814 |
Tetra Tech, Inc. | 3,857 | 683,923 |
TransUnion | 13,820 | 1,072,847 |
TriNet Group, Inc. * | 2,232 | 285,718 |
Veralto Corp. | 15,528 | 1,341,930 |
Verisk Analytics, Inc. | 10,395 | 2,514,550 |
Vestis Corp. | 9,089 | 170,510 |
Waste Management, Inc. | 26,142 | 5,376,102 |
50,821,852 | ||
Consumer Discretionary Distribution & Retail 5.7% | ||
Amazon.com, Inc. * | 648,716 | 114,667,040 |
Asbury Automotive Group, Inc. * | 1,472 | 307,398 |
AutoNation, Inc. * | 1,926 | 288,515 |
AutoZone, Inc. * | 1,292 | 3,883,778 |
Bath & Body Works, Inc. | 16,280 | 743,996 |
Best Buy Co., Inc. | 13,913 | 1,125,283 |
Burlington Stores, Inc. * | 4,637 | 951,049 |
CarMax, Inc. * | 11,280 | 891,120 |
Carvana Co. * | 7,308 | 554,896 |
Dick's Sporting Goods, Inc. | 4,368 | 777,023 |
Dillard's, Inc., Class A | 279 | 115,710 |
eBay, Inc. | 36,919 | 1,745,530 |
Etsy, Inc. * | 8,526 | 611,229 |
Five Below, Inc. * | 3,980 | 798,706 |
Floor & Decor Holdings, Inc., Class A * | 7,551 | 914,577 |
GameStop Corp., Class A *(a) | 19,441 | 277,423 |
Genuine Parts Co. | 10,059 | 1,501,406 |
Home Depot, Inc. | 71,319 | 27,144,725 |
Lithia Motors, Inc. | 1,959 | 585,859 |
LKQ Corp. | 19,000 | 993,510 |
Lowe's Cos., Inc. | 41,157 | 9,905,255 |
Murphy USA, Inc. | 1,381 | 575,891 |
Ollie's Bargain Outlet Holdings, Inc. * | 4,358 | 349,381 |
O'Reilly Automotive, Inc. * | 4,226 | 4,595,437 |
Penske Automotive Group, Inc. | 1,386 | 212,751 |
Pool Corp. | 2,769 | 1,102,394 |
RH * | 1,142 | 313,365 |
Ross Stores, Inc. | 24,209 | 3,606,173 |
TJX Cos., Inc. | 81,558 | 8,085,660 |
Tractor Supply Co. | 7,713 | 1,961,570 |
Ulta Beauty, Inc. * | 3,551 | 1,947,937 |
Valvoline, Inc. * | 9,962 | 424,780 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Wayfair, Inc., Class A * | 6,855 | 408,558 |
Williams-Sonoma, Inc. | 4,625 | 1,089,326 |
193,457,251 | ||
Consumer Durables & Apparel 1.1% | ||
Brunswick Corp. | 5,031 | 439,709 |
Capri Holdings Ltd. * | 8,230 | 379,650 |
Columbia Sportswear Co. | 2,473 | 204,492 |
Crocs, Inc. * | 4,305 | 526,286 |
Deckers Outdoor Corp. * | 1,859 | 1,664,902 |
DR Horton, Inc. | 21,456 | 3,206,385 |
Garmin Ltd. | 10,978 | 1,507,828 |
Hasbro, Inc. | 9,290 | 467,194 |
KB Home | 5,425 | 360,383 |
Lennar Corp., Class A | 17,865 | 2,831,781 |
Lululemon Athletica, Inc. * | 8,230 | 3,844,151 |
Mattel, Inc. * | 25,420 | 500,774 |
Meritage Homes Corp. | 2,630 | 414,646 |
Mohawk Industries, Inc. * | 3,719 | 441,148 |
Newell Brands, Inc. | 26,446 | 198,345 |
NIKE, Inc., Class B | 87,432 | 9,086,808 |
NVR, Inc. * | 233 | 1,776,758 |
Polaris, Inc. | 3,802 | 352,483 |
PulteGroup, Inc. | 15,319 | 1,660,273 |
PVH Corp. | 4,302 | 587,954 |
Ralph Lauren Corp. | 2,862 | 532,103 |
SharkNinja, Inc. | 3,378 | 182,412 |
Skechers USA, Inc., Class A * | 9,485 | 586,268 |
Tapestry, Inc. | 16,586 | 788,333 |
Taylor Morrison Home Corp. * | 7,611 | 430,859 |
Tempur Sealy International, Inc. | 12,285 | 669,164 |
Toll Brothers, Inc. | 7,758 | 889,377 |
TopBuild Corp. * | 2,314 | 931,107 |
VF Corp. | 23,461 | 383,353 |
Whirlpool Corp. | 3,891 | 417,854 |
YETI Holdings, Inc. * | 6,425 | 263,682 |
36,526,462 | ||
Consumer Services 2.3% | ||
ADT, Inc. | 17,471 | 126,839 |
Airbnb, Inc., Class A * | 31,067 | 4,892,121 |
Aramark | 18,718 | 567,717 |
Booking Holdings, Inc. * | 2,523 | 8,751,858 |
Boyd Gaming Corp. | 5,022 | 332,105 |
Bright Horizons Family Solutions, Inc. * | 4,183 | 480,459 |
Caesars Entertainment, Inc. * | 15,651 | 680,349 |
Carnival Corp. * | 71,463 | 1,133,403 |
Chipotle Mexican Grill, Inc. * | 1,974 | 5,307,632 |
Choice Hotels International, Inc. | 1,784 | 199,701 |
Churchill Downs, Inc. | 4,826 | 588,145 |
Darden Restaurants, Inc. | 8,592 | 1,466,740 |
Domino's Pizza, Inc. | 2,546 | 1,141,499 |
DoorDash, Inc., Class A * | 21,651 | 2,697,065 |
DraftKings, Inc., Class A * | 33,467 | 1,449,790 |
Duolingo, Inc. * | 2,567 | 613,513 |
Expedia Group, Inc. * | 9,508 | 1,300,885 |
H&R Block, Inc. | 10,233 | 500,905 |
Hilton Grand Vacations, Inc. * | 4,989 | 223,906 |
Hilton Worldwide Holdings, Inc. | 18,306 | 3,740,282 |
Hyatt Hotels Corp., Class A | 3,137 | 481,812 |
Las Vegas Sands Corp. | 26,255 | 1,431,423 |
Light & Wonder, Inc. * | 6,489 | 652,209 |
Marriott International, Inc., Class A | 17,637 | 4,406,957 |
McDonald's Corp. | 51,741 | 15,122,860 |
MGM Resorts International * | 19,456 | 842,056 |
Norwegian Cruise Line Holdings Ltd. * | 30,221 | 585,985 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Planet Fitness, Inc., Class A * | 6,064 | 376,271 |
Royal Caribbean Cruises Ltd. * | 16,826 | 2,075,487 |
Service Corp. International | 10,486 | 767,470 |
Starbucks Corp. | 81,574 | 7,741,373 |
Texas Roadhouse, Inc. | 4,757 | 710,553 |
Vail Resorts, Inc. | 2,747 | 632,662 |
Wingstop, Inc. | 2,099 | 736,854 |
Wyndham Hotels & Resorts, Inc. | 5,970 | 457,004 |
Wynn Resorts Ltd. | 6,937 | 729,772 |
Yum! Brands, Inc. | 19,958 | 2,762,586 |
76,708,248 | ||
Consumer Staples Distribution & Retail 1.8% | ||
Albertsons Cos., Inc., Class A | 28,869 | 585,463 |
BJ's Wholesale Club Holdings, Inc. * | 9,639 | 704,033 |
Casey's General Stores, Inc. | 2,675 | 814,511 |
Costco Wholesale Corp. | 31,581 | 23,492,790 |
Dollar General Corp. | 15,659 | 2,275,409 |
Dollar Tree, Inc. * | 14,962 | 2,194,626 |
Kroger Co. | 47,187 | 2,340,947 |
Performance Food Group Co. * | 11,098 | 851,994 |
Sysco Corp. | 35,996 | 2,914,596 |
Target Corp. | 32,921 | 5,034,279 |
U.S. Foods Holding Corp. * | 16,205 | 823,052 |
Walgreens Boots Alliance, Inc. | 51,055 | 1,085,429 |
Walmart, Inc. | 305,232 | 17,889,648 |
61,006,777 | ||
Energy 3.8% | ||
Antero Midstream Corp. | 24,135 | 323,409 |
Antero Resources Corp. * | 20,234 | 520,014 |
APA Corp. | 21,688 | 646,086 |
Baker Hughes Co. | 71,604 | 2,118,762 |
ChampionX Corp. | 14,268 | 443,164 |
Cheniere Energy, Inc. | 16,965 | 2,632,968 |
Chesapeake Energy Corp. | 7,980 | 660,584 |
Chevron Corp. | 125,290 | 19,045,333 |
Chord Energy Corp. | 2,948 | 478,903 |
Civitas Resources, Inc. | 6,155 | 422,725 |
ConocoPhillips | 84,698 | 9,531,913 |
Coterra Energy, Inc. | 54,270 | 1,399,081 |
Devon Energy Corp. | 45,774 | 2,016,802 |
Diamondback Energy, Inc. | 12,763 | 2,329,503 |
DT Midstream, Inc. | 6,891 | 397,128 |
EOG Resources, Inc. | 41,531 | 4,753,638 |
EQT Corp. | 29,288 | 1,088,049 |
Exxon Mobil Corp. | 285,681 | 29,859,378 |
Halliburton Co. | 63,811 | 2,237,852 |
Hess Corp. | 19,771 | 2,881,623 |
HF Sinclair Corp. | 11,082 | 615,051 |
Kinder Morgan, Inc. | 137,751 | 2,395,490 |
Magnolia Oil & Gas Corp., Class A | 13,322 | 302,143 |
Marathon Oil Corp. | 41,742 | 1,012,243 |
Marathon Petroleum Corp. | 27,160 | 4,596,287 |
Matador Resources Co. | 7,857 | 496,170 |
Murphy Oil Corp. | 10,338 | 410,108 |
New Fortress Energy, Inc. | 4,660 | 163,799 |
Noble Corp. PLC | 7,849 | 328,167 |
NOV, Inc. | 27,968 | 472,659 |
Occidental Petroleum Corp. | 47,165 | 2,858,671 |
ONEOK, Inc. | 41,462 | 3,114,625 |
Ovintiv, Inc. | 17,968 | 887,799 |
Patterson-UTI Energy, Inc. | 22,327 | 258,323 |
PBF Energy, Inc., Class A | 7,811 | 364,774 |
Permian Resources Corp. | 29,621 | 460,903 |
Phillips 66 | 31,465 | 4,484,077 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Pioneer Natural Resources Co. | 16,616 | 3,907,917 |
Range Resources Corp. | 17,236 | 545,002 |
Schlumberger NV | 102,027 | 4,930,965 |
SM Energy Co. | 8,476 | 370,995 |
Southwestern Energy Co. * | 78,439 | 546,720 |
Targa Resources Corp. | 16,024 | 1,574,198 |
TechnipFMC PLC | 31,343 | 679,830 |
Texas Pacific Land Corp. | 455 | 716,816 |
Transocean Ltd. * | 53,557 | 251,182 |
Valaris Ltd. * | 4,592 | 289,526 |
Valero Energy Corp. | 24,262 | 3,432,103 |
Weatherford International PLC * | 5,220 | 535,624 |
Williams Cos., Inc. | 86,575 | 3,111,505 |
127,900,587 | ||
Equity Real Estate Investment Trusts (REITs) 2.4% | ||
Agree Realty Corp. | 7,172 | 394,101 |
Alexandria Real Estate Equities, Inc. | 11,151 | 1,390,864 |
American Homes 4 Rent, Class A | 22,917 | 848,158 |
American Tower Corp. | 33,255 | 6,613,089 |
Americold Realty Trust, Inc. | 18,945 | 479,309 |
Apartment Income REIT Corp. | 10,591 | 321,119 |
AvalonBay Communities, Inc. | 10,141 | 1,795,261 |
Boston Properties, Inc. | 10,396 | 672,829 |
Brixmor Property Group, Inc. | 21,366 | 483,085 |
Camden Property Trust | 7,621 | 720,032 |
Crown Castle, Inc. | 31,007 | 3,408,910 |
CubeSmart | 16,274 | 709,709 |
Digital Realty Trust, Inc. | 21,697 | 3,185,337 |
EastGroup Properties, Inc. | 3,347 | 588,034 |
Equinix, Inc. | 6,730 | 5,981,759 |
Equity LifeStyle Properties, Inc. | 13,226 | 890,374 |
Equity Residential | 24,618 | 1,482,250 |
Essex Property Trust, Inc. | 4,589 | 1,061,895 |
Extra Space Storage, Inc. | 15,096 | 2,128,083 |
Federal Realty Investment Trust | 5,246 | 529,059 |
First Industrial Realty Trust, Inc. | 9,389 | 497,617 |
Gaming & Leisure Properties, Inc. | 19,113 | 869,259 |
Healthcare Realty Trust, Inc. | 27,121 | 373,727 |
Healthpeak Properties, Inc. | 50,537 | 846,495 |
Host Hotels & Resorts, Inc. | 50,095 | 1,038,970 |
Invitation Homes, Inc. | 41,171 | 1,402,696 |
Iron Mountain, Inc. | 20,901 | 1,643,655 |
Kilroy Realty Corp. | 7,514 | 284,706 |
Kimco Realty Corp. | 47,379 | 936,209 |
Kite Realty Group Trust | 15,491 | 331,662 |
Lamar Advertising Co., Class A | 6,352 | 702,214 |
Medical Properties Trust, Inc. (a) | 42,757 | 180,007 |
Mid-America Apartment Communities, Inc. | 8,357 | 1,050,308 |
NET Lease Office Properties | 1,060 | 25,853 |
NNN REIT, Inc. | 13,307 | 541,462 |
Omega Healthcare Investors, Inc. | 17,352 | 539,994 |
Prologis, Inc. | 65,868 | 8,778,228 |
Public Storage | 11,337 | 3,218,234 |
Rayonier, Inc. | 9,659 | 332,559 |
Realty Income Corp. | 59,191 | 3,084,443 |
Regency Centers Corp. | 11,740 | 727,293 |
Rexford Industrial Realty, Inc. | 14,997 | 763,047 |
Ryman Hospitality Properties, Inc. | 4,210 | 498,801 |
SBA Communications Corp. | 7,736 | 1,618,603 |
Simon Property Group, Inc. | 23,284 | 3,449,292 |
STAG Industrial, Inc. | 13,146 | 488,242 |
Sun Communities, Inc. | 8,885 | 1,188,458 |
Terreno Realty Corp. | 5,945 | 382,264 |
UDR, Inc. | 21,459 | 761,795 |
Ventas, Inc. | 28,748 | 1,215,753 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
VICI Properties, Inc. | 73,632 | 2,203,806 |
Vornado Realty Trust | 11,153 | 293,324 |
Welltower, Inc. | 39,518 | 3,641,979 |
Weyerhaeuser Co. | 52,183 | 1,794,052 |
WP Carey, Inc. | 15,549 | 875,875 |
80,264,139 | ||
Financial Services 7.9% | ||
Affiliated Managers Group, Inc. | 2,408 | 376,394 |
Affirm Holdings, Inc. * | 15,686 | 588,539 |
AGNC Investment Corp. | 47,787 | 456,844 |
Ally Financial, Inc. | 19,285 | 713,352 |
American Express Co. | 41,105 | 9,019,259 |
Ameriprise Financial, Inc. | 7,233 | 2,946,435 |
Annaly Capital Management, Inc. | 36,067 | 688,519 |
Apollo Global Management, Inc. | 31,134 | 3,480,781 |
ARES Management Corp., Class A | 12,021 | 1,594,345 |
Bank of New York Mellon Corp. | 54,743 | 3,070,535 |
Berkshire Hathaway, Inc., Class B * | 129,795 | 53,138,073 |
BlackRock, Inc. | 9,999 | 8,112,589 |
Blackstone, Inc. | 50,812 | 6,494,790 |
Block, Inc. * | 39,418 | 3,132,548 |
Blue Owl Capital, Inc. | 28,718 | 515,775 |
Capital One Financial Corp. | 27,186 | 3,741,065 |
Carlyle Group, Inc. | 15,492 | 710,308 |
Cboe Global Markets, Inc. | 7,526 | 1,444,992 |
Charles Schwab Corp. (b) | 105,270 | 7,029,931 |
CME Group, Inc. | 25,714 | 5,666,080 |
Coinbase Global, Inc., Class A * | 12,185 | 2,480,379 |
Corebridge Financial, Inc. | 17,078 | 424,047 |
Credit Acceptance Corp. * | 483 | 267,389 |
Discover Financial Services | 17,895 | 2,159,926 |
Enact Holdings, Inc. | 2,545 | 70,547 |
Equitable Holdings, Inc. | 22,622 | 774,577 |
Essent Group Ltd. | 7,661 | 410,400 |
Evercore, Inc., Class A | 2,528 | 472,938 |
FactSet Research Systems, Inc. | 2,735 | 1,265,156 |
Fidelity National Information Services, Inc. | 42,330 | 2,928,813 |
Fiserv, Inc. * | 42,806 | 6,389,652 |
FleetCor Technologies, Inc. * | 5,210 | 1,454,997 |
Franklin Resources, Inc. | 20,160 | 553,392 |
Global Payments, Inc. | 18,570 | 2,408,529 |
Goldman Sachs Group, Inc. | 23,322 | 9,073,424 |
Houlihan Lokey, Inc. | 3,745 | 481,832 |
Interactive Brokers Group, Inc., Class A | 7,623 | 828,773 |
Intercontinental Exchange, Inc. | 40,817 | 5,649,889 |
Invesco Ltd. | 31,768 | 489,545 |
Jack Henry & Associates, Inc. | 5,256 | 913,335 |
Janus Henderson Group PLC | 9,628 | 300,008 |
Jefferies Financial Group, Inc. | 11,936 | 499,163 |
KKR & Co., Inc. | 47,405 | 4,658,015 |
LPL Financial Holdings, Inc. | 5,477 | 1,467,234 |
MarketAxess Holdings, Inc. | 2,743 | 585,384 |
Mastercard, Inc., Class A | 59,060 | 28,039,326 |
MGIC Investment Corp. | 19,476 | 387,378 |
Moody's Corp. | 11,219 | 4,256,713 |
Morgan Stanley | 90,135 | 7,755,215 |
Morningstar, Inc. | 1,871 | 558,662 |
MSCI, Inc. | 5,637 | 3,162,188 |
Nasdaq, Inc. | 24,485 | 1,376,057 |
Northern Trust Corp. | 14,797 | 1,215,278 |
OneMain Holdings, Inc. | 8,634 | 407,784 |
PayPal Holdings, Inc. * | 76,967 | 4,644,189 |
Raymond James Financial, Inc. | 13,403 | 1,612,649 |
Remitly Global, Inc. * | 9,383 | 193,477 |
Rithm Capital Corp. | 36,058 | 390,869 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Robinhood Markets, Inc., Class A * | 36,767 | 599,670 |
S&P Global, Inc. | 23,167 | 9,924,279 |
SEI Investments Co. | 7,230 | 486,217 |
SoFi Technologies, Inc. * | 69,116 | 620,662 |
Starwood Property Trust, Inc. | 21,039 | 428,985 |
State Street Corp. | 21,964 | 1,619,406 |
Stifel Financial Corp. | 7,353 | 557,799 |
Synchrony Financial | 29,605 | 1,222,686 |
T Rowe Price Group, Inc. | 16,033 | 1,817,341 |
Toast, Inc., Class A * | 26,662 | 613,226 |
Tradeweb Markets, Inc., Class A | 8,177 | 865,290 |
Visa, Inc., Class A | 113,738 | 32,146,908 |
Voya Financial, Inc. | 7,507 | 513,178 |
Western Union Co. | 25,293 | 339,179 |
WEX, Inc. * | 3,026 | 664,903 |
266,348,012 | ||
Food, Beverage & Tobacco 2.5% | ||
Altria Group, Inc. | 126,211 | 5,163,292 |
Archer-Daniels-Midland Co. | 37,956 | 2,015,843 |
Brown-Forman Corp., Class B | 13,031 | 784,857 |
Bunge Global SA | 10,515 | 992,301 |
Campbell Soup Co. | 13,950 | 594,828 |
Celsius Holdings, Inc. * | 10,473 | 854,806 |
Coca-Cola Co. | 277,418 | 16,650,628 |
Coca-Cola Consolidated, Inc. | 347 | 291,758 |
Conagra Brands, Inc. | 33,974 | 953,990 |
Constellation Brands, Inc., Class A | 11,533 | 2,866,181 |
Darling Ingredients, Inc. * | 11,393 | 482,038 |
Flowers Foods, Inc. | 13,757 | 308,432 |
General Mills, Inc. | 41,596 | 2,669,631 |
Hershey Co. | 10,791 | 2,027,845 |
Hormel Foods Corp. | 20,602 | 727,663 |
Ingredion, Inc. | 4,705 | 553,449 |
J M Smucker Co. | 7,541 | 906,202 |
Kellanova | 18,934 | 1,044,210 |
Keurig Dr Pepper, Inc. | 71,708 | 2,144,786 |
Kraft Heinz Co. | 56,683 | 1,999,776 |
Lamb Weston Holdings, Inc. | 10,414 | 1,064,415 |
Lancaster Colony Corp. | 1,515 | 313,484 |
McCormick & Co., Inc. - Non Voting Shares | 17,929 | 1,234,591 |
Molson Coors Beverage Co., Class B | 13,384 | 835,429 |
Mondelez International, Inc., Class A | 96,986 | 7,086,767 |
Monster Beverage Corp. * | 52,749 | 3,117,466 |
National Beverage Corp. * | 1,604 | 84,435 |
PepsiCo, Inc. | 98,034 | 16,208,942 |
Philip Morris International, Inc. | 110,797 | 9,967,298 |
Pilgrim's Pride Corp. * | 3,196 | 101,761 |
Post Holdings, Inc. * | 3,589 | 373,830 |
Tyson Foods, Inc., Class A | 20,316 | 1,101,940 |
WK Kellogg Co. | 4,668 | 68,339 |
85,591,213 | ||
Health Care Equipment & Services 5.0% | ||
Abbott Laboratories | 123,752 | 14,681,937 |
Acadia Healthcare Co., Inc. * | 6,528 | 544,762 |
agilon health, Inc. * | 21,554 | 132,126 |
Align Technology, Inc. * | 5,126 | 1,550,205 |
Baxter International, Inc. | 36,184 | 1,480,649 |
Becton Dickinson & Co. | 20,705 | 4,877,063 |
Boston Scientific Corp. * | 104,390 | 6,911,662 |
Cardinal Health, Inc. | 17,553 | 1,965,585 |
Cencora, Inc. | 11,912 | 2,806,467 |
Centene Corp. * | 38,024 | 2,982,222 |
Chemed Corp. | 1,102 | 689,995 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Cigna Group | 20,879 | 7,018,267 |
Cooper Cos., Inc. | 14,146 | 1,324,066 |
CVS Health Corp. | 91,514 | 6,805,896 |
DaVita, Inc. * | 3,799 | 482,359 |
DENTSPLY SIRONA, Inc. | 15,000 | 490,200 |
Dexcom, Inc. * | 27,507 | 3,165,230 |
Edwards Lifesciences Corp. * | 43,249 | 3,670,543 |
Elevance Health, Inc. | 16,784 | 8,412,980 |
Encompass Health Corp. | 7,196 | 535,382 |
Ensign Group, Inc. | 4,051 | 506,051 |
Envista Holdings Corp. * | 12,900 | 266,385 |
GE HealthCare Technologies, Inc. | 28,907 | 2,638,631 |
Globus Medical, Inc., Class A * | 8,195 | 442,448 |
Haemonetics Corp. * | 3,643 | 265,866 |
HCA Healthcare, Inc. | 14,155 | 4,412,113 |
HealthEquity, Inc. * | 6,129 | 506,317 |
Henry Schein, Inc. * | 9,348 | 714,842 |
Hologic, Inc. * | 17,576 | 1,297,109 |
Humana, Inc. | 8,833 | 3,094,377 |
IDEXX Laboratories, Inc. * | 5,939 | 3,416,291 |
Inspire Medical Systems, Inc. * | 2,154 | 385,652 |
Insulet Corp. * | 5,069 | 831,316 |
Intuitive Surgical, Inc. * | 25,100 | 9,678,560 |
Laboratory Corp. of America Holdings | 6,096 | 1,315,700 |
Lantheus Holdings, Inc. * | 4,847 | 316,897 |
Masimo Corp. * | 3,266 | 419,812 |
McKesson Corp. | 9,523 | 4,965,387 |
Medtronic PLC | 94,965 | 7,916,282 |
Molina Healthcare, Inc. * | 4,154 | 1,636,302 |
Neogen Corp. * | 13,841 | 237,927 |
Option Care Health, Inc. * | 12,770 | 412,088 |
Penumbra, Inc. * | 2,758 | 647,909 |
Quest Diagnostics, Inc. | 8,096 | 1,011,109 |
QuidelOrtho Corp. * | 3,435 | 156,636 |
R1 RCM, Inc. * | 13,764 | 193,384 |
ResMed, Inc. | 10,472 | 1,819,196 |
Shockwave Medical, Inc. * | 2,676 | 698,088 |
STERIS PLC | 7,062 | 1,644,810 |
Stryker Corp. | 24,140 | 8,426,550 |
Surgery Partners, Inc. * | 5,250 | 162,908 |
Teleflex, Inc. | 3,367 | 750,134 |
Tenet Healthcare Corp. * | 7,283 | 677,319 |
UnitedHealth Group, Inc. | 65,967 | 32,561,311 |
Universal Health Services, Inc., Class B | 4,379 | 731,556 |
Veeva Systems, Inc., Class A * | 10,473 | 2,361,766 |
Zimmer Biomet Holdings, Inc. | 14,996 | 1,864,903 |
169,911,528 | ||
Household & Personal Products 1.3% | ||
BellRing Brands, Inc. * | 9,551 | 543,929 |
Church & Dwight Co., Inc. | 17,619 | 1,764,014 |
Clorox Co. | 8,832 | 1,354,034 |
Colgate-Palmolive Co. | 58,725 | 5,080,887 |
Coty, Inc., Class A * | 26,494 | 332,765 |
elf Beauty, Inc. * | 3,991 | 832,243 |
Estee Lauder Cos., Inc., Class A | 16,664 | 2,475,937 |
Inter Parfums, Inc. | 1,301 | 190,883 |
Kenvue, Inc. | 122,633 | 2,330,027 |
Kimberly-Clark Corp. | 24,121 | 2,922,742 |
Procter & Gamble Co. | 168,119 | 26,720,834 |
Reynolds Consumer Products, Inc. | 3,883 | 114,548 |
44,662,843 | ||
Insurance 2.2% | ||
Aflac, Inc. | 38,055 | 3,072,561 |
Allstate Corp. | 18,629 | 2,971,698 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
American Financial Group, Inc. | 4,683 | 597,879 |
American International Group, Inc. | 49,961 | 3,641,657 |
Aon PLC, Class A | 14,298 | 4,518,025 |
Arch Capital Group Ltd. * | 26,656 | 2,334,799 |
Arthur J Gallagher & Co. | 15,422 | 3,761,888 |
Assurant, Inc. | 3,787 | 687,151 |
Axis Capital Holdings Ltd. | 5,509 | 344,698 |
Brown & Brown, Inc. | 16,906 | 1,423,654 |
Chubb Ltd. | 29,100 | 7,323,597 |
Cincinnati Financial Corp. | 11,214 | 1,278,396 |
CNA Financial Corp. | 1,888 | 82,978 |
Erie Indemnity Co., Class A | 1,809 | 736,046 |
Everest Group Ltd. | 3,084 | 1,137,626 |
Fidelity National Financial, Inc. | 18,441 | 932,746 |
First American Financial Corp. | 7,373 | 430,657 |
Globe Life, Inc. | 6,127 | 777,700 |
Hartford Financial Services Group, Inc. | 21,485 | 2,059,122 |
Kinsale Capital Group, Inc. | 1,561 | 805,757 |
Lincoln National Corp. | 12,496 | 344,140 |
Loews Corp. | 13,148 | 987,809 |
Markel Group, Inc. * | 972 | 1,450,691 |
Marsh & McLennan Cos., Inc. | 35,224 | 7,124,759 |
MetLife, Inc. | 44,227 | 3,084,391 |
Old Republic International Corp. | 18,791 | 544,187 |
Primerica, Inc. | 2,553 | 626,149 |
Principal Financial Group, Inc. | 15,743 | 1,272,979 |
Progressive Corp. | 41,735 | 7,911,287 |
Prudential Financial, Inc. | 25,811 | 2,813,141 |
Reinsurance Group of America, Inc. | 4,731 | 836,677 |
RenaissanceRe Holdings Ltd. | 3,752 | 843,525 |
RLI Corp. | 2,880 | 421,776 |
Ryan Specialty Holdings, Inc. * | 7,399 | 387,560 |
Selective Insurance Group, Inc. | 4,290 | 448,219 |
Travelers Cos., Inc. | 16,290 | 3,599,438 |
Unum Group | 13,141 | 649,822 |
W R Berkley Corp. | 14,533 | 1,214,959 |
Willis Towers Watson PLC | 7,353 | 2,004,501 |
75,484,645 | ||
Materials 2.5% | ||
Air Products & Chemicals, Inc. | 15,850 | 3,709,534 |
Albemarle Corp. | 8,309 | 1,145,396 |
Alcoa Corp. | 12,673 | 344,832 |
Amcor PLC | 103,558 | 938,236 |
AptarGroup, Inc. | 4,687 | 658,336 |
Ashland, Inc. | 3,628 | 339,726 |
ATI, Inc. * | 9,140 | 449,505 |
Avery Dennison Corp. | 5,772 | 1,249,811 |
Axalta Coating Systems Ltd. * | 15,739 | 515,137 |
Balchem Corp. | 2,306 | 362,480 |
Ball Corp. | 22,701 | 1,453,318 |
Berry Global Group, Inc. | 8,430 | 490,710 |
Celanese Corp. | 7,164 | 1,088,713 |
CF Industries Holdings, Inc. | 13,682 | 1,104,411 |
Chemours Co. | 10,598 | 208,463 |
Cleveland-Cliffs, Inc. * | 35,706 | 742,685 |
Commercial Metals Co. | 8,297 | 448,038 |
Corteva, Inc. | 50,337 | 2,694,036 |
Crown Holdings, Inc. | 8,627 | 661,001 |
Dow, Inc. | 50,057 | 2,797,185 |
DuPont de Nemours, Inc. | 30,603 | 2,117,422 |
Eagle Materials, Inc. | 2,560 | 649,088 |
Eastman Chemical Co. | 8,456 | 741,929 |
Ecolab, Inc. | 18,072 | 4,063,309 |
Element Solutions, Inc. | 15,921 | 374,144 |
FMC Corp. | 8,904 | 502,097 |
Freeport-McMoRan, Inc. | 102,074 | 3,859,418 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Graphic Packaging Holding Co. | 21,955 | 569,732 |
Huntsman Corp. | 12,199 | 312,294 |
International Flavors & Fragrances, Inc. | 18,186 | 1,373,043 |
International Paper Co. | 24,811 | 877,317 |
Linde PLC | 34,595 | 15,526,928 |
Louisiana-Pacific Corp. | 4,709 | 348,325 |
LyondellBasell Industries NV, Class A | 18,262 | 1,831,313 |
Martin Marietta Materials, Inc. | 4,412 | 2,548,857 |
Mosaic Co. | 23,304 | 726,153 |
NewMarket Corp. | 505 | 324,043 |
Newmont Corp. | 82,291 | 2,571,594 |
Nucor Corp. | 17,514 | 3,367,942 |
Olin Corp. | 8,599 | 462,626 |
Packaging Corp. of America | 6,399 | 1,159,435 |
PPG Industries, Inc. | 16,787 | 2,377,039 |
Reliance, Inc. | 4,115 | 1,321,820 |
Royal Gold, Inc. | 4,799 | 492,521 |
RPM International, Inc. | 9,297 | 1,072,409 |
Sealed Air Corp. | 10,331 | 360,242 |
Sherwin-Williams Co. | 16,781 | 5,571,795 |
Silgan Holdings, Inc. | 5,939 | 260,782 |
Sonoco Products Co. | 6,967 | 394,890 |
Steel Dynamics, Inc. | 10,848 | 1,451,679 |
Summit Materials, Inc., Class A * | 8,535 | 364,530 |
U.S. Steel Corp. | 15,933 | 754,268 |
Vulcan Materials Co. | 9,547 | 2,538,070 |
Westlake Corp. | 2,374 | 329,298 |
Westrock Co. | 18,146 | 821,832 |
83,819,737 | ||
Media & Entertainment 7.6% | ||
Alphabet, Inc., Class A * | 422,203 | 58,458,227 |
Alphabet, Inc., Class C * | 355,311 | 49,665,372 |
Charter Communications, Inc., Class A * | 7,165 | 2,106,009 |
Comcast Corp., Class A | 286,225 | 12,264,741 |
Electronic Arts, Inc. | 17,419 | 2,429,602 |
Endeavor Group Holdings, Inc., Class A | 13,585 | 326,719 |
Fox Corp., Class A | 26,461 | 788,273 |
IAC, Inc. * | 4,828 | 274,230 |
Interpublic Group of Cos., Inc. | 27,525 | 864,285 |
Liberty Broadband Corp., Class C * | 8,253 | 496,666 |
Liberty Media Corp.-Liberty Formula One, Class C * | 14,860 | 1,081,214 |
Liberty Media Corp.-Liberty SiriusXM, Class C * | 10,730 | 310,955 |
Live Nation Entertainment, Inc. * | 10,030 | 972,709 |
Match Group, Inc. * | 19,343 | 697,122 |
Meta Platforms, Inc., Class A | 158,349 | 77,611,595 |
Netflix, Inc. * | 31,267 | 18,851,500 |
New York Times Co., Class A | 11,770 | 521,176 |
News Corp., Class A | 27,074 | 727,749 |
Nexstar Media Group, Inc. | 2,343 | 389,336 |
Omnicom Group, Inc. | 14,302 | 1,264,154 |
Paramount Global, Class B | 34,140 | 376,906 |
Pinterest, Inc., Class A * | 41,713 | 1,530,867 |
ROBLOX Corp., Class A * | 35,087 | 1,399,971 |
Roku, Inc. * | 8,965 | 566,409 |
Sirius XM Holdings, Inc. (a) | 45,914 | 202,940 |
Snap, Inc., Class A * | 73,300 | 807,766 |
Take-Two Interactive Software, Inc. * | 11,384 | 1,672,651 |
TKO Group Holdings, Inc. | 4,273 | 357,778 |
Trade Desk, Inc., Class A * | 31,772 | 2,714,282 |
Walt Disney Co. | 130,461 | 14,556,838 |
Warner Bros Discovery, Inc. * | 158,368 | 1,392,055 |
Warner Music Group Corp., Class A | 9,688 | 338,402 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
ZoomInfo Technologies, Inc. * | 21,600 | 362,016 |
256,380,515 | ||
Pharmaceuticals, Biotechnology & Life Sciences 7.1% | ||
10X Genomics, Inc., Class A * | 7,580 | 353,531 |
AbbVie, Inc. | 125,976 | 22,178,075 |
ACADIA Pharmaceuticals, Inc. * | 8,383 | 194,821 |
Agilent Technologies, Inc. | 20,937 | 2,875,906 |
Alkermes PLC * | 11,694 | 347,195 |
Alnylam Pharmaceuticals, Inc. * | 8,978 | 1,356,486 |
Amgen, Inc. | 38,225 | 10,467,152 |
Apellis Pharmaceuticals, Inc. * | 7,406 | 458,950 |
Avantor, Inc. * | 48,133 | 1,185,997 |
Biogen, Inc. * | 10,367 | 2,249,535 |
BioMarin Pharmaceutical, Inc. * | 13,401 | 1,156,238 |
Bio-Rad Laboratories, Inc., Class A * | 1,478 | 481,651 |
Bio-Techne Corp. | 11,214 | 825,014 |
Bridgebio Pharma, Inc. * | 9,163 | 312,916 |
Bristol-Myers Squibb Co. | 145,130 | 7,365,348 |
Bruker Corp. | 6,623 | 573,154 |
Catalent, Inc. * | 12,862 | 737,507 |
Charles River Laboratories International, Inc. * | 3,711 | 943,299 |
Danaher Corp. | 46,878 | 11,866,697 |
Elanco Animal Health, Inc. * | 35,920 | 570,769 |
Eli Lilly & Co. | 56,903 | 42,886,653 |
Exact Sciences Corp. * | 12,866 | 740,181 |
Exelixis, Inc. * | 22,297 | 488,304 |
Gilead Sciences, Inc. | 88,969 | 6,414,665 |
Halozyme Therapeutics, Inc. * | 9,357 | 372,502 |
Illumina, Inc. * | 11,337 | 1,585,253 |
Incyte Corp. * | 13,272 | 774,554 |
Intra-Cellular Therapies, Inc. * | 6,602 | 458,971 |
Ionis Pharmaceuticals, Inc. * | 10,142 | 458,520 |
IQVIA Holdings, Inc. * | 13,066 | 3,229,393 |
Jazz Pharmaceuticals PLC * | 4,445 | 528,511 |
Johnson & Johnson | 171,685 | 27,706,525 |
Karuna Therapeutics, Inc. * | 2,599 | 816,008 |
Medpace Holdings, Inc. * | 1,690 | 671,809 |
Merck & Co., Inc. | 180,782 | 22,986,431 |
Mettler-Toledo International, Inc. * | 1,556 | 1,940,674 |
Moderna, Inc. * | 23,709 | 2,186,918 |
Mural Oncology PLC * | 1,163 | 6,152 |
Natera, Inc. * | 8,052 | 696,417 |
Neurocrine Biosciences, Inc. * | 6,979 | 910,062 |
Organon & Co. | 18,063 | 314,477 |
Perrigo Co. PLC | 9,625 | 252,753 |
Pfizer, Inc. | 402,475 | 10,689,736 |
Regeneron Pharmaceuticals, Inc. * | 7,663 | 7,403,148 |
Repligen Corp. * | 3,760 | 729,402 |
Revvity, Inc. | 8,787 | 962,967 |
Roivant Sciences Ltd. * | 22,760 | 260,374 |
Royalty Pharma PLC, Class A | 27,471 | 833,470 |
Sarepta Therapeutics, Inc. * | 6,804 | 870,232 |
Sotera Health Co. * | 8,872 | 133,169 |
Thermo Fisher Scientific, Inc. | 27,552 | 15,709,599 |
United Therapeutics Corp. * | 3,413 | 770,109 |
Vaxcyte, Inc. * | 6,973 | 514,747 |
Vertex Pharmaceuticals, Inc. * | 18,389 | 7,736,988 |
Viatris, Inc. | 85,707 | 1,060,196 |
Waters Corp. * | 4,200 | 1,417,164 |
West Pharmaceutical Services, Inc. | 5,310 | 1,902,892 |
Zoetis, Inc. | 32,810 | 6,507,207 |
240,427,374 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Real Estate Management & Development 0.2% | ||
CBRE Group, Inc., Class A * | 21,893 | 2,011,748 |
CoStar Group, Inc. * | 29,115 | 2,533,879 |
Jones Lang LaSalle, Inc. * | 3,397 | 646,245 |
Zillow Group, Inc., Class C * | 11,375 | 638,706 |
5,830,578 | ||
Semiconductors & Semiconductor Equipment 9.2% | ||
Advanced Micro Devices, Inc. * | 115,184 | 22,176,375 |
Allegro MicroSystems, Inc. * | 5,034 | 158,521 |
Amkor Technology, Inc. | 7,778 | 241,274 |
Analog Devices, Inc. | 35,567 | 6,822,462 |
Applied Materials, Inc. | 59,649 | 12,026,431 |
Axcelis Technologies, Inc. * | 2,419 | 272,549 |
Broadcom, Inc. | 31,343 | 40,761,258 |
Cirrus Logic, Inc. * | 3,967 | 364,250 |
Enphase Energy, Inc. * | 9,675 | 1,228,822 |
Entegris, Inc. | 10,794 | 1,450,282 |
First Solar, Inc. * | 7,678 | 1,181,567 |
GLOBALFOUNDRIES, Inc. *(a) | 6,087 | 332,776 |
Intel Corp. | 300,656 | 12,943,241 |
KLA Corp. | 9,706 | 6,622,404 |
Lam Research Corp. | 9,433 | 8,850,512 |
Lattice Semiconductor Corp. * | 9,858 | 755,221 |
MACOM Technology Solutions Holdings, Inc. * | 3,946 | 348,550 |
Marvell Technology, Inc. | 61,651 | 4,417,911 |
Microchip Technology, Inc. | 38,584 | 3,246,458 |
Micron Technology, Inc. | 78,289 | 7,093,766 |
MKS Instruments, Inc. | 4,413 | 541,740 |
Monolithic Power Systems, Inc. | 3,440 | 2,476,938 |
NVIDIA Corp. | 176,217 | 139,408,793 |
NXP Semiconductors NV | 18,361 | 4,585,293 |
ON Semiconductor Corp. * | 30,710 | 2,423,633 |
Onto Innovation, Inc. * | 3,556 | 654,873 |
Power Integrations, Inc. | 4,087 | 292,057 |
Qorvo, Inc. * | 6,933 | 794,175 |
QUALCOMM, Inc. | 79,435 | 12,534,049 |
Rambus, Inc. * | 7,641 | 452,653 |
Skyworks Solutions, Inc. | 11,440 | 1,200,285 |
SolarEdge Technologies, Inc. * | 4,003 | 268,881 |
Teradyne, Inc. | 10,892 | 1,128,302 |
Texas Instruments, Inc. | 64,794 | 10,841,980 |
Universal Display Corp. | 3,077 | 536,690 |
Wolfspeed, Inc. * | 9,191 | 239,150 |
309,674,122 | ||
Software & Services 12.6% | ||
Accenture PLC, Class A | 44,814 | 16,795,391 |
Adobe, Inc. * | 32,518 | 18,219,185 |
Akamai Technologies, Inc. * | 10,791 | 1,196,938 |
Amdocs Ltd. | 8,575 | 782,040 |
ANSYS, Inc. * | 6,225 | 2,080,208 |
AppLovin Corp., Class A * | 9,240 | 551,813 |
Aspen Technology, Inc. * | 2,046 | 396,699 |
Atlassian Corp., Class A * | 11,029 | 2,287,635 |
Autodesk, Inc. * | 15,271 | 3,942,514 |
Bentley Systems, Inc., Class B | 16,363 | 840,567 |
Bill Holdings, Inc. * | 6,910 | 437,610 |
Cadence Design Systems, Inc. * | 19,406 | 5,906,798 |
CCC Intelligent Solutions Holdings, Inc. * | 17,963 | 210,347 |
Cloudflare, Inc., Class A * | 21,062 | 2,075,449 |
Cognizant Technology Solutions Corp., Class A | 35,779 | 2,827,257 |
Confluent, Inc., Class A * | 15,634 | 529,524 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Crowdstrike Holdings, Inc., Class A * | 16,167 | 5,240,533 |
Datadog, Inc., Class A * | 21,519 | 2,828,888 |
DocuSign, Inc. * | 14,500 | 772,415 |
Dolby Laboratories, Inc., Class A | 4,264 | 345,384 |
DoubleVerify Holdings, Inc. * | 10,148 | 313,472 |
Dropbox, Inc., Class A * | 18,259 | 437,303 |
Dynatrace, Inc. * | 17,069 | 845,769 |
Elastic NV * | 5,903 | 789,880 |
EPAM Systems, Inc. * | 4,129 | 1,256,868 |
Fair Isaac Corp. * | 1,773 | 2,251,550 |
Five9, Inc. * | 5,246 | 320,006 |
Fortinet, Inc. * | 45,352 | 3,134,277 |
Gartner, Inc. * | 5,542 | 2,580,134 |
Gen Digital, Inc. | 40,461 | 869,507 |
Gitlab, Inc., Class A * | 6,155 | 443,899 |
GoDaddy, Inc., Class A * | 10,003 | 1,141,842 |
Guidewire Software, Inc. * | 5,992 | 715,085 |
HubSpot, Inc. * | 3,624 | 2,242,567 |
Informatica, Inc., Class A * | 2,822 | 91,941 |
International Business Machines Corp. | 65,170 | 12,058,405 |
Intuit, Inc. | 20,036 | 13,281,664 |
Manhattan Associates, Inc. * | 4,365 | 1,105,785 |
Microsoft Corp. | 530,217 | 219,318,961 |
MongoDB, Inc. * | 5,139 | 2,300,114 |
Nutanix, Inc., Class A * | 17,312 | 1,093,426 |
Okta, Inc. * | 11,089 | 1,189,850 |
Oracle Corp. | 113,380 | 12,662,278 |
Palantir Technologies, Inc., Class A * | 136,982 | 3,435,509 |
Palo Alto Networks, Inc. * | 22,174 | 6,886,136 |
Procore Technologies, Inc. * | 6,260 | 488,468 |
PTC, Inc. * | 8,448 | 1,546,068 |
Qualys, Inc. * | 2,651 | 455,601 |
Roper Technologies, Inc. | 7,668 | 4,176,990 |
Salesforce, Inc. * | 69,445 | 21,446,005 |
Samsara, Inc., Class A * | 11,604 | 400,918 |
ServiceNow, Inc. * | 14,667 | 11,313,244 |
Smartsheet, Inc., Class A * | 9,528 | 402,177 |
Snowflake, Inc., Class A * | 23,544 | 4,432,864 |
Splunk, Inc. * | 11,030 | 1,723,107 |
SPS Commerce, Inc. * | 2,667 | 493,822 |
Synopsys, Inc. * | 10,881 | 6,242,756 |
Tenable Holdings, Inc. * | 8,256 | 397,609 |
Teradata Corp. * | 6,976 | 262,437 |
Twilio, Inc., Class A * | 13,070 | 778,841 |
Tyler Technologies, Inc. * | 2,995 | 1,309,234 |
UiPath, Inc., Class A * | 29,102 | 691,172 |
Unity Software, Inc. * | 17,080 | 500,786 |
VeriSign, Inc. * | 6,349 | 1,239,896 |
Workday, Inc., Class A * | 14,803 | 4,361,852 |
Workiva, Inc. * | 3,486 | 300,214 |
Zoom Video Communications, Inc., Class A * | 18,092 | 1,279,647 |
Zscaler, Inc. * | 6,368 | 1,540,865 |
424,817,996 | ||
Technology Hardware & Equipment 7.4% | ||
Advanced Energy Industries, Inc. | 2,699 | 273,139 |
Amphenol Corp., Class A | 42,700 | 4,664,548 |
Apple, Inc. | 1,042,944 | 188,512,128 |
Arista Networks, Inc. * | 17,996 | 4,994,610 |
Arrow Electronics, Inc. * | 3,875 | 455,312 |
Avnet, Inc. | 6,556 | 305,444 |
Badger Meter, Inc. | 2,146 | 340,549 |
CDW Corp. | 9,604 | 2,364,601 |
Ciena Corp. * | 10,538 | 600,455 |
Cisco Systems, Inc. | 288,939 | 13,975,979 |
Cognex Corp. | 12,459 | 491,508 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Coherent Corp. * | 9,552 | 568,153 |
Corning, Inc. | 54,571 | 1,759,369 |
Dell Technologies, Inc., Class C | 18,183 | 1,721,203 |
F5, Inc. * | 4,308 | 806,544 |
Fabrinet * | 2,647 | 570,614 |
Hewlett Packard Enterprise Co. | 91,517 | 1,393,804 |
HP, Inc. | 61,961 | 1,755,355 |
Insight Enterprises, Inc. * | 1,964 | 369,232 |
IPG Photonics Corp. * | 2,056 | 177,536 |
Jabil, Inc. | 9,117 | 1,313,669 |
Juniper Networks, Inc. | 22,808 | 844,580 |
Keysight Technologies, Inc. * | 12,676 | 1,955,907 |
Littelfuse, Inc. | 1,768 | 421,208 |
Motorola Solutions, Inc. | 11,871 | 3,922,060 |
NetApp, Inc. | 14,920 | 1,329,670 |
Novanta, Inc. * | 2,543 | 439,786 |
Pure Storage, Inc., Class A * | 21,099 | 1,110,862 |
Seagate Technology Holdings PLC | 13,953 | 1,298,327 |
Super Micro Computer, Inc. * | 3,346 | 2,898,037 |
TD SYNNEX Corp. | 4,114 | 427,445 |
TE Connectivity Ltd. | 22,163 | 3,181,720 |
Teledyne Technologies, Inc. * | 3,405 | 1,454,854 |
Trimble, Inc. * | 17,716 | 1,084,042 |
Ubiquiti, Inc. | 295 | 34,568 |
Vontier Corp. | 11,201 | 481,643 |
Western Digital Corp. * | 23,139 | 1,376,076 |
Zebra Technologies Corp., Class A * | 3,724 | 1,040,784 |
250,715,321 | ||
Telecommunication Services 0.8% | ||
AT&T, Inc. | 509,784 | 8,630,643 |
GCI Liberty, Inc. *(c) | 3,916 | 0 |
Iridium Communications, Inc. | 8,644 | 250,244 |
Liberty Global Ltd., Class C * | 13,682 | 253,801 |
T-Mobile U.S., Inc. | 36,297 | 5,927,300 |
Verizon Communications, Inc. | 300,027 | 12,007,081 |
27,069,069 | ||
Transportation 1.8% | ||
Alaska Air Group, Inc. * | 9,045 | 338,193 |
American Airlines Group, Inc. * | 46,918 | 735,674 |
Avis Budget Group, Inc. | 1,315 | 142,073 |
CH Robinson Worldwide, Inc. | 8,300 | 614,864 |
CSX Corp. | 141,035 | 5,350,868 |
Delta Air Lines, Inc. | 45,843 | 1,937,784 |
Expeditors International of Washington, Inc. | 10,337 | 1,236,305 |
FedEx Corp. | 16,460 | 4,098,046 |
GXO Logistics, Inc. * | 8,483 | 439,080 |
Hertz Global Holdings, Inc. * | 9,453 | 74,206 |
JB Hunt Transport Services, Inc. | 5,861 | 1,209,183 |
Joby Aviation, Inc. * | 25,920 | 145,670 |
Kirby Corp. * | 4,231 | 371,143 |
Knight-Swift Transportation Holdings, Inc. | 11,428 | 643,854 |
Landstar System, Inc. | 2,620 | 498,324 |
Lyft, Inc., Class A * | 24,729 | 392,697 |
Norfolk Southern Corp. | 16,186 | 4,101,209 |
Old Dominion Freight Line, Inc. | 6,416 | 2,838,952 |
Ryder System, Inc. | 3,107 | 354,509 |
Saia, Inc. * | 1,921 | 1,105,343 |
Southwest Airlines Co. | 42,682 | 1,462,712 |
Uber Technologies, Inc. * | 146,923 | 11,680,378 |
U-Haul Holding Co., Non Voting Shares | 7,004 | 445,244 |
Union Pacific Corp. | 43,525 | 11,041,857 |
United Airlines Holdings, Inc. * | 23,509 | 1,069,424 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
United Parcel Service, Inc., Class B | 51,603 | 7,650,661 |
XPO, Inc. * | 8,266 | 994,565 |
60,972,818 | ||
Utilities 2.1% | ||
AES Corp. | 47,985 | 729,372 |
Alliant Energy Corp. | 18,212 | 869,623 |
Ameren Corp. | 18,764 | 1,335,809 |
American Electric Power Co., Inc. | 37,394 | 3,185,595 |
American Water Works Co., Inc. | 13,885 | 1,645,928 |
Atmos Energy Corp. | 10,660 | 1,203,621 |
Avangrid, Inc. | 5,437 | 169,254 |
CenterPoint Energy, Inc. | 45,253 | 1,244,457 |
CMS Energy Corp. | 20,796 | 1,193,066 |
Consolidated Edison, Inc. | 24,620 | 2,147,110 |
Constellation Energy Corp. | 22,810 | 3,842,344 |
Dominion Energy, Inc. | 59,916 | 2,865,782 |
DTE Energy Co. | 14,759 | 1,599,138 |
Duke Energy Corp. | 54,924 | 5,043,671 |
Edison International | 27,420 | 1,865,108 |
Entergy Corp. | 15,099 | 1,533,605 |
Essential Utilities, Inc. | 17,805 | 619,258 |
Evergy, Inc. | 16,274 | 806,214 |
Eversource Energy | 24,986 | 1,466,678 |
Exelon Corp. | 70,972 | 2,543,636 |
FirstEnergy Corp. | 36,982 | 1,353,911 |
IDACORP, Inc. | 3,742 | 329,708 |
National Fuel Gas Co. | 6,499 | 316,761 |
NextEra Energy, Inc. | 146,278 | 8,073,083 |
NiSource, Inc. | 29,544 | 769,917 |
NRG Energy, Inc. | 16,068 | 888,882 |
OGE Energy Corp. | 14,194 | 467,124 |
Ormat Technologies, Inc. | 3,919 | 255,323 |
PG&E Corp. | 151,788 | 2,533,342 |
Pinnacle West Capital Corp. | 8,213 | 561,194 |
Portland General Electric Co. | 7,282 | 292,518 |
PPL Corp. | 52,853 | 1,393,734 |
Public Service Enterprise Group, Inc. | 35,572 | 2,219,693 |
Sempra | 44,846 | 3,166,128 |
Southern Co. | 77,784 | 5,230,974 |
Southwest Gas Holdings, Inc. | 4,251 | 289,706 |
UGI Corp. | 14,825 | 362,916 |
Vistra Corp. | 23,877 | 1,302,252 |
WEC Energy Group, Inc. | 22,590 | 1,773,089 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Xcel Energy, Inc. | 39,373 | 2,074,563 |
69,564,087 | ||
Total Common Stocks (Cost $2,393,881,514) | 3,370,580,898 |
SHORT-TERM INVESTMENTS 0.0% OF NET ASSETS | ||
Money Market Funds 0.0% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (d) | 130,781 | 130,781 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (d)(e) | 1,175,299 | 1,175,299 |
1,306,080 | ||
Total Short-Term Investments (Cost $1,306,080) | 1,306,080 | |
Total Investments in Securities (Cost $2,395,187,594) | 3,371,886,978 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
S&P 500 Index, e-mini, expires 03/15/24 | 16 | 4,083,000 | 58,858 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $1,150,064. |
(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 8/31/23 | PURCHASES | SALES | REALIZED GAINS (LOSSES) | NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) | VALUE AT 2/29/24 | BALANCE OF SHARES HELD AT 2/29/24 | DIVIDENDS RECEIVED |
COMMON STOCKS 0.2% OF NET ASSETS | ||||||||
Financial Services 0.2% | ||||||||
Charles Schwab Corp. | $6,150,772 | $595,667 | ($518,142 ) | $137,322 | $664,312 | $7,029,931 | 105,270 | $53,300 |
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 | $3,343,511,829 | $— | $— | $3,343,511,829 |
Telecommunication Services | 27,069,069 | — | 0 * | 27,069,069 |
Short-Term Investments1 | 1,306,080 | — | — | 1,306,080 |
Futures Contracts2 | 58,858 | — | — | 58,858 |
Total | $3,371,945,836 | $— | $0 | $3,371,945,836 |
* | Level 3 amount shown includes securities determined to have no value at February 29, 2024. |
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 $6,185,150) | $7,029,931 | |
Investments in securities, at value - unaffiliated (cost $2,389,002,444) including securities on loan of $1,150,064 | 3,364,857,047 | |
Deposit with broker for futures contracts | 165,200 | |
Receivables: | ||
Investments sold | 7,131,446 | |
Dividends | 4,540,305 | |
Variation margin on future contracts | 16,321 | |
Income from securities on loan | 8,722 | |
Foreign tax reclaims | + | 1,420 |
Total assets | 3,383,750,392 | |
Liabilities | ||
Collateral held for securities on loan | 1,175,299 | |
Payables: | ||
Fund shares redeemed | 7,343,634 | |
Investments bought | 251,193 | |
Management fees | + | 134,627 |
Total liabilities | 8,904,753 | |
Net assets | $3,374,845,639 | |
Net Assets by Source | ||
Capital received from investors | $2,369,632,511 | |
Total distributable earnings | + | 1,005,213,128 |
Net assets | $3,374,845,639 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$3,374,845,639 | 68,550,000 | $49.23 | ||
For the period September 1, 2023 through February 29, 2024; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $8,357) | $23,788,580 | |
Dividends received from securities - affiliated | 53,300 | |
Interest received from securities - unaffiliated | 9,476 | |
Securities on loan, net | + | 46,361 |
Total investment income | 23,897,717 | |
Expenses | ||
Management fees | 763,933 | |
Total expenses | – | 763,933 |
Net investment income | 23,133,784 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - affiliated | (34,138 ) | |
Net realized losses on sales of securities - unaffiliated | (16,194,572 ) | |
Net realized gains on sales of in-kind redemptions - affiliated | 171,460 | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 115,470,152 | |
Net realized gains on futures contracts | + | 429,181 |
Net realized gains | 99,842,083 | |
Net change in unrealized appreciation (depreciation) on securities - affiliated | 664,312 | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 305,344,586 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 34,631 |
Net change in unrealized appreciation (depreciation) | + | 306,043,529 |
Net realized and unrealized gains | 405,885,612 | |
Increase in net assets resulting from operations | $429,019,396 |
OPERATIONS | |||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||
Net investment income | $23,133,784 | $40,701,031 | |
Net realized gains (losses) | 99,842,083 | (24,392,793 ) | |
Net change in unrealized appreciation (depreciation) | + | 306,043,529 | 373,277,157 |
Increase in net assets resulting from operations | $429,019,396 | $389,585,395 | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($23,367,850 ) | ($38,671,065 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 5,450,000 | $246,803,561 | 10,750,000 | $411,186,678 | |
Shares redeemed | + | (4,500,000 ) | (216,518,662 ) | (1,500,000 ) | (58,078,437 ) |
Net transactions in fund shares | 950,000 | $30,284,899 | 9,250,000 | $353,108,241 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 67,600,000 | $2,938,909,194 | 58,350,000 | $2,234,886,623 | |
Total increase | + | 950,000 | 435,936,445 | 9,250,000 | 704,022,571 |
End of period | 68,550,000 | $3,374,845,639 | 67,600,000 | $2,938,909,194 |
9/1/23– 2/29/24* | 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 | $53.26 | $46.83 | $54.73 | $42.14 | $35.00 | $34.77 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)2 | 0.42 | 0.78 | 0.72 | 0.69 | 0.76 | 0.74 |
Net realized and unrealized gains (losses) | 7.12 | 6.42 | (7.90 ) | 12.63 | 7.10 | 0.16 |
Total from investment operations | 7.54 | 7.20 | (7.18 ) | 13.32 | 7.86 | 0.90 |
Less distributions: | ||||||
Distributions from net investment income | (0.42 ) | (0.77 ) | (0.72 ) | (0.73 ) | (0.72 ) | (0.67 ) |
Net asset value at end of period | $60.38 | $53.26 | $46.83 | $54.73 | $42.14 | $35.00 |
Total return | 14.26 %3 | 15.61 % | (13.22 %) | 32.05 % | 22.92 % | 2.70 % |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.03 %4 | 0.03 %5 | 0.03 %5 | 0.03 % | 0.03 % | 0.03 % |
Net investment income (loss) | 1.55 %4 | 1.63 % | 1.39 % | 1.45 % | 2.06 % | 2.19 % |
Portfolio turnover rate6 | 2 %3 | 4 % | 4 % | 4 % | 5 % | 4 % |
Net assets, end of period (x 1,000,000) | $38,816 | $34,018 | $28,911 | $33,035 | $23,253 | $17,786 |
* | Unaudited. |
1 | Per-Share Data has been retroactively adjusted to reflect a 2-for-1 share split effective after market close on March 10, 2022. |
2 | Calculated based on the average shares outstanding during the period. |
3 | Not annualized. |
4 | Annualized. |
5 | Ratio includes less than 0.005% of non-routine proxy expenses. |
6 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.8% OF NET ASSETS | ||
Automobiles & Components 1.6% | ||
Aptiv PLC * | 238,615 | 18,967,506 |
Autoliv, Inc. | 63,453 | 7,362,452 |
BorgWarner, Inc. | 198,240 | 6,171,211 |
Ford Motor Co. | 3,313,496 | 41,219,890 |
General Motors Co. | 1,159,038 | 47,497,377 |
Gentex Corp. | 195,433 | 7,139,168 |
Lear Corp. | 49,427 | 6,788,798 |
Lucid Group, Inc. *(a) | 740,715 | 2,444,360 |
Rivian Automotive, Inc., Class A *(a) | 569,294 | 6,444,408 |
Tesla, Inc. * | 2,333,878 | 471,163,291 |
615,198,461 | ||
Banks 3.1% | ||
Bank of America Corp. | 5,811,557 | 200,614,948 |
BOK Financial Corp. | 24,347 | 2,069,738 |
Citigroup, Inc. | 1,614,239 | 89,574,122 |
Citizens Financial Group, Inc. | 393,654 | 12,356,799 |
Comerica, Inc. | 110,797 | 5,471,156 |
Commerce Bancshares, Inc. | 99,915 | 5,199,577 |
Cullen/Frost Bankers, Inc. | 54,188 | 5,879,940 |
East West Bancorp, Inc. | 119,001 | 8,670,413 |
Fifth Third Bancorp | 574,242 | 19,719,470 |
First Citizens BancShares, Inc., Class A | 10,207 | 16,063,879 |
First Horizon Corp. | 467,486 | 6,591,553 |
Huntington Bancshares, Inc. | 1,221,516 | 15,928,569 |
JPMorgan Chase & Co. | 2,439,699 | 453,930,396 |
KeyCorp | 792,349 | 11,306,820 |
M&T Bank Corp. | 140,842 | 19,681,261 |
New York Community Bancorp, Inc. (a) | 605,208 | 2,898,946 |
PNC Financial Services Group, Inc. | 336,451 | 49,525,587 |
Regions Financial Corp. | 784,302 | 14,611,546 |
Truist Financial Corp. | 1,123,074 | 39,285,128 |
U.S. Bancorp | 1,315,125 | 55,182,645 |
Webster Financial Corp. | 146,682 | 6,987,930 |
Wells Fargo & Co. | 3,064,588 | 170,360,447 |
Western Alliance Bancorp | 91,968 | 5,309,313 |
Zions Bancorp NA | 123,658 | 4,875,835 |
1,222,096,018 | ||
Capital Goods 6.1% | ||
3M Co. | 465,186 | 42,852,934 |
A O Smith Corp. | 103,146 | 8,550,803 |
Acuity Brands, Inc. | 25,864 | 6,498,071 |
Advanced Drainage Systems, Inc. | 58,292 | 9,515,586 |
AECOM | 116,301 | 10,331,018 |
AGCO Corp. | 52,161 | 5,722,062 |
Allegion PLC | 74,029 | 9,466,088 |
AMETEK, Inc. | 194,562 | 35,056,181 |
Axon Enterprise, Inc. * | 59,180 | 18,190,157 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Boeing Co. * | 480,321 | 97,850,994 |
Builders FirstSource, Inc. * | 103,875 | 20,274,323 |
Carlisle Cos., Inc. | 41,026 | 14,359,100 |
Carrier Global Corp. | 709,430 | 39,430,119 |
Caterpillar, Inc. | 430,745 | 143,851,600 |
CNH Industrial NV | 816,544 | 9,757,701 |
Cummins, Inc. | 119,595 | 32,124,413 |
Curtiss-Wright Corp. | 32,093 | 7,582,613 |
Deere & Co. | 226,064 | 82,524,663 |
Donaldson Co., Inc. | 102,301 | 7,326,798 |
Dover Corp. | 118,023 | 19,518,644 |
Eaton Corp. PLC | 336,867 | 97,354,563 |
EMCOR Group, Inc. | 39,753 | 12,463,361 |
Emerson Electric Co. | 480,915 | 51,385,768 |
Fastenal Co. | 481,252 | 35,136,209 |
Ferguson PLC | 172,341 | 36,441,504 |
Fortive Corp. | 297,694 | 25,342,690 |
Fortune Brands Innovations, Inc. | 106,514 | 8,663,849 |
Generac Holdings, Inc. * | 52,497 | 5,906,437 |
General Dynamics Corp. | 190,901 | 52,163,698 |
General Electric Co. | 918,809 | 144,151,944 |
Graco, Inc. | 141,732 | 12,934,462 |
HEICO Corp. | 85,000 | 16,439,000 |
Honeywell International, Inc. | 556,786 | 110,650,082 |
Howmet Aerospace, Inc. | 331,676 | 22,073,038 |
Hubbell, Inc. | 45,543 | 17,336,854 |
Huntington Ingalls Industries, Inc. | 33,570 | 9,789,683 |
IDEX Corp. | 64,378 | 15,186,770 |
Illinois Tool Works, Inc. | 230,950 | 60,543,542 |
Ingersoll Rand, Inc. | 342,783 | 31,306,371 |
ITT, Inc. | 68,811 | 8,679,820 |
Johnson Controls International PLC | 575,093 | 34,085,762 |
L3Harris Technologies, Inc. | 159,733 | 33,809,087 |
Lennox International, Inc. | 26,836 | 12,645,392 |
Lincoln Electric Holdings, Inc. | 48,482 | 12,440,481 |
Lockheed Martin Corp. | 186,400 | 79,823,936 |
Masco Corp. | 190,445 | 14,618,558 |
Middleby Corp. * | 45,258 | 6,886,457 |
Nordson Corp. | 45,821 | 12,172,349 |
Northrop Grumman Corp. | 119,699 | 55,183,633 |
nVent Electric PLC | 139,831 | 9,413,423 |
Otis Worldwide Corp. | 346,561 | 33,027,263 |
Owens Corning | 74,833 | 11,208,487 |
PACCAR, Inc. | 441,978 | 49,010,940 |
Parker-Hannifin Corp. | 108,345 | 58,013,330 |
Pentair PLC | 138,917 | 10,806,353 |
Plug Power, Inc. *(a) | 457,259 | 1,614,124 |
Quanta Services, Inc. | 122,512 | 29,587,873 |
Regal Rexnord Corp. | 56,077 | 9,616,645 |
Rockwell Automation, Inc. | 96,611 | 27,541,864 |
RTX Corp. | 1,212,711 | 108,743,795 |
Sensata Technologies Holding PLC | 129,139 | 4,444,964 |
Snap-on, Inc. | 44,566 | 12,285,064 |
Stanley Black & Decker, Inc. | 129,347 | 11,549,394 |
Textron, Inc. | 165,822 | 14,769,766 |
Toro Co. | 87,734 | 8,098,726 |
Trane Technologies PLC | 192,939 | 54,403,010 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
TransDigm Group, Inc. | 46,851 | 55,178,297 |
Trex Co., Inc. * | 92,073 | 8,448,618 |
United Rentals, Inc. | 57,137 | 39,611,368 |
Vertiv Holdings Co. | 297,652 | 20,127,228 |
Watsco, Inc. | 28,532 | 11,245,032 |
WESCO International, Inc. | 37,610 | 5,622,319 |
Westinghouse Air Brake Technologies Corp. | 151,249 | 21,369,971 |
WillScot Mobile Mini Holdings Corp. * | 161,817 | 7,726,762 |
Woodward, Inc. | 51,285 | 7,256,315 |
WW Grainger, Inc. | 37,535 | 36,538,821 |
Xylem, Inc. | 204,513 | 25,983,377 |
2,349,642,297 | ||
Commercial & Professional Services 1.4% | ||
Automatic Data Processing, Inc. | 347,200 | 87,192,336 |
Booz Allen Hamilton Holding Corp., Class A | 110,076 | 16,259,326 |
Broadridge Financial Solutions, Inc. | 99,718 | 20,300,590 |
CACI International, Inc., Class A * | 18,603 | 6,973,335 |
Cintas Corp. | 73,297 | 46,075,227 |
Clean Harbors, Inc. * | 42,206 | 7,685,713 |
Copart, Inc. * | 738,661 | 39,259,832 |
Dayforce, Inc. * | 131,226 | 9,154,326 |
Equifax, Inc. | 104,135 | 28,490,295 |
Genpact Ltd. | 143,072 | 4,864,448 |
Jacobs Solutions, Inc. | 106,897 | 15,676,445 |
KBR, Inc. | 113,070 | 6,787,592 |
Leidos Holdings, Inc. | 115,983 | 14,829,586 |
Paychex, Inc. | 270,525 | 33,171,775 |
Paycom Software, Inc. | 41,668 | 7,599,826 |
Paylocity Holding Corp. * | 36,878 | 6,218,000 |
RB Global, Inc. | 153,367 | 11,642,089 |
Republic Services, Inc. | 173,201 | 31,799,704 |
Robert Half, Inc. | 90,352 | 7,264,301 |
Rollins, Inc. | 235,161 | 10,363,545 |
SS&C Technologies Holdings, Inc. | 182,495 | 11,635,881 |
Tetra Tech, Inc. | 44,987 | 7,977,095 |
TransUnion | 162,731 | 12,632,808 |
Veralto Corp. | 186,033 | 16,076,972 |
Verisk Analytics, Inc. | 122,348 | 29,595,981 |
Waste Management, Inc. | 309,208 | 63,588,625 |
553,115,653 | ||
Consumer Discretionary Distribution & Retail 5.8% | ||
Amazon.com, Inc. * | 7,673,994 | 1,356,455,179 |
AutoZone, Inc. * | 14,872 | 44,705,529 |
Bath & Body Works, Inc. | 192,459 | 8,795,376 |
Best Buy Co., Inc. | 163,912 | 13,257,203 |
Burlington Stores, Inc. * | 54,944 | 11,269,014 |
CarMax, Inc. * | 132,827 | 10,493,333 |
Dick's Sporting Goods, Inc. | 52,359 | 9,314,143 |
eBay, Inc. | 437,050 | 20,663,724 |
Etsy, Inc. * | 101,129 | 7,249,938 |
Five Below, Inc. * | 46,818 | 9,395,436 |
Floor & Decor Holdings, Inc., Class A * | 89,672 | 10,861,073 |
GameStop Corp., Class A *(a) | 224,805 | 3,207,967 |
Genuine Parts Co. | 118,632 | 17,707,012 |
Home Depot, Inc. | 844,029 | 321,245,878 |
Lithia Motors, Inc. | 23,467 | 7,018,041 |
LKQ Corp. | 224,883 | 11,759,132 |
Lowe's Cos., Inc. | 487,040 | 117,215,917 |
O'Reilly Automotive, Inc. * | 50,133 | 54,515,627 |
Penske Automotive Group, Inc. | 16,746 | 2,570,511 |
Pool Corp. | 32,748 | 13,037,634 |
RH * | 13,264 | 3,639,642 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Ross Stores, Inc. | 285,803 | 42,573,215 |
TJX Cos., Inc. | 965,852 | 95,754,567 |
Tractor Supply Co. | 91,464 | 23,261,125 |
Ulta Beauty, Inc. * | 41,484 | 22,756,463 |
Wayfair, Inc., Class A * | 78,273 | 4,665,071 |
Williams-Sonoma, Inc. | 54,036 | 12,727,099 |
2,256,114,849 | ||
Consumer Durables & Apparel 0.9% | ||
Deckers Outdoor Corp. * | 21,761 | 19,488,934 |
DR Horton, Inc. | 255,071 | 38,117,810 |
Garmin Ltd. | 128,952 | 17,711,557 |
Hasbro, Inc. | 110,025 | 5,533,157 |
Lennar Corp., Class A | 220,552 | 34,959,698 |
Lululemon Athletica, Inc. * | 97,421 | 45,504,375 |
Mohawk Industries, Inc. * | 44,684 | 5,300,416 |
NIKE, Inc., Class B | 1,031,874 | 107,242,665 |
NVR, Inc. * | 2,734 | 20,848,308 |
Polaris, Inc. | 44,847 | 4,157,765 |
PulteGroup, Inc. | 181,276 | 19,646,693 |
Tapestry, Inc. | 195,816 | 9,307,135 |
Tempur Sealy International, Inc. | 144,986 | 7,897,387 |
Toll Brothers, Inc. | 91,665 | 10,508,476 |
TopBuild Corp. * | 26,992 | 10,861,041 |
VF Corp. | 279,659 | 4,569,628 |
Whirlpool Corp. | 45,967 | 4,936,396 |
366,591,441 | ||
Consumer Services 2.2% | ||
ADT, Inc. | 179,144 | 1,300,585 |
Airbnb, Inc., Class A * | 367,363 | 57,848,652 |
Aramark | 221,613 | 6,721,522 |
Booking Holdings, Inc. * | 29,512 | 102,372,111 |
Caesars Entertainment, Inc. * | 182,027 | 7,912,714 |
Carnival Corp. * | 845,816 | 13,414,642 |
Chipotle Mexican Grill, Inc. * | 23,337 | 62,747,826 |
Churchill Downs, Inc. | 57,629 | 7,023,246 |
Darden Restaurants, Inc. | 102,094 | 17,428,467 |
Domino's Pizza, Inc. | 29,326 | 13,148,312 |
DoorDash, Inc., Class A * | 256,026 | 31,893,159 |
DraftKings, Inc., Class A * | 395,208 | 17,120,411 |
Expedia Group, Inc. * | 112,315 | 15,366,938 |
Hilton Worldwide Holdings, Inc. | 216,989 | 44,335,192 |
Las Vegas Sands Corp. | 310,920 | 16,951,358 |
Marriott International, Inc., Class A | 208,501 | 52,098,145 |
McDonald's Corp. | 611,845 | 178,830,057 |
MGM Resorts International * | 230,211 | 9,963,532 |
Norwegian Cruise Line Holdings Ltd. * | 360,330 | 6,986,799 |
Royal Caribbean Cruises Ltd. * | 199,175 | 24,568,236 |
Service Corp. International | 124,393 | 9,104,324 |
Starbucks Corp. | 964,581 | 91,538,737 |
Vail Resorts, Inc. | 32,375 | 7,456,286 |
Wyndham Hotels & Resorts, Inc. | 70,177 | 5,372,049 |
Wynn Resorts Ltd. | 80,201 | 8,437,145 |
Yum! Brands, Inc. | 236,450 | 32,729,409 |
842,669,854 | ||
Consumer Staples Distribution & Retail 1.9% | ||
Albertsons Cos., Inc., Class A | 341,235 | 6,920,246 |
BJ's Wholesale Club Holdings, Inc. * | 112,561 | 8,221,455 |
Casey's General Stores, Inc. | 31,799 | 9,682,478 |
Costco Wholesale Corp. | 373,614 | 277,927,718 |
Dollar General Corp. | 184,772 | 26,849,219 |
Dollar Tree, Inc. * | 176,151 | 25,837,829 |
Kroger Co. | 557,644 | 27,664,719 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Performance Food Group Co. * | 132,730 | 10,189,682 |
Sysco Corp. | 424,763 | 34,393,060 |
Target Corp. | 389,952 | 59,631,460 |
U.S. Foods Holding Corp. * | 191,404 | 9,721,409 |
Walgreens Boots Alliance, Inc. | 603,461 | 12,829,581 |
Walmart, Inc. | 3,612,677 | 211,738,999 |
721,607,855 | ||
Energy 3.7% | ||
Antero Resources Corp. * | 237,704 | 6,108,993 |
APA Corp. | 257,185 | 7,661,541 |
Baker Hughes Co. | 846,759 | 25,055,599 |
Cheniere Energy, Inc. | 200,628 | 31,137,466 |
Chesapeake Energy Corp. | 94,084 | 7,788,274 |
Chevron Corp. | 1,481,547 | 225,209,959 |
ConocoPhillips | 1,001,486 | 112,707,234 |
Coterra Energy, Inc. | 635,661 | 16,387,341 |
Devon Energy Corp. | 541,238 | 23,846,946 |
Diamondback Energy, Inc. | 151,032 | 27,566,361 |
EOG Resources, Inc. | 492,942 | 56,422,141 |
EQT Corp. | 346,617 | 12,876,822 |
Exxon Mobil Corp. | 3,380,331 | 353,312,196 |
Halliburton Co. | 754,491 | 26,459,999 |
Hess Corp. | 233,047 | 33,966,600 |
HF Sinclair Corp. | 134,831 | 7,483,120 |
Kinder Morgan, Inc. | 1,635,077 | 28,433,989 |
Marathon Oil Corp. | 494,242 | 11,985,368 |
Marathon Petroleum Corp. | 320,732 | 54,277,476 |
New Fortress Energy, Inc. | 54,284 | 1,908,083 |
NOV, Inc. | 337,866 | 5,709,935 |
Occidental Petroleum Corp. | 557,433 | 33,786,014 |
ONEOK, Inc. | 493,027 | 37,036,188 |
Ovintiv, Inc. | 212,524 | 10,500,811 |
Phillips 66 | 371,603 | 52,957,144 |
Pioneer Natural Resources Co. | 196,544 | 46,225,183 |
Range Resources Corp. | 202,161 | 6,392,331 |
Schlumberger NV | 1,206,663 | 58,318,023 |
Targa Resources Corp. | 188,323 | 18,500,852 |
TechnipFMC PLC | 363,935 | 7,893,750 |
Texas Pacific Land Corp. | 5,335 | 8,404,866 |
Valero Energy Corp. | 287,887 | 40,724,495 |
Williams Cos., Inc. | 1,025,557 | 36,858,519 |
1,433,903,619 | ||
Equity Real Estate Investment Trusts (REITs) 2.3% | ||
Alexandria Real Estate Equities, Inc. | 131,357 | 16,384,159 |
American Homes 4 Rent, Class A | 270,461 | 10,009,762 |
American Tower Corp. | 393,441 | 78,239,677 |
Americold Realty Trust, Inc. | 224,852 | 5,688,756 |
Apartment Income REIT Corp. | 126,630 | 3,839,422 |
AvalonBay Communities, Inc. | 119,554 | 21,164,645 |
Boston Properties, Inc. | 122,595 | 7,934,348 |
Camden Property Trust | 89,588 | 8,464,274 |
Crown Castle, Inc. | 366,539 | 40,297,298 |
CubeSmart | 188,273 | 8,210,586 |
Digital Realty Trust, Inc. | 255,303 | 37,481,033 |
EastGroup Properties, Inc. | 39,267 | 6,898,819 |
Equinix, Inc. | 79,316 | 70,497,647 |
Equity LifeStyle Properties, Inc. | 156,575 | 10,540,629 |
Equity Residential | 290,266 | 17,476,916 |
Essex Property Trust, Inc. | 54,600 | 12,634,440 |
Extra Space Storage, Inc. | 178,983 | 25,231,233 |
Federal Realty Investment Trust | 61,656 | 6,218,008 |
Gaming & Leisure Properties, Inc. | 226,116 | 10,283,756 |
Healthcare Realty Trust, Inc. | 323,346 | 4,455,708 |
Healthpeak Properties, Inc. | 597,652 | 10,010,671 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Host Hotels & Resorts, Inc. | 597,462 | 12,391,362 |
Invitation Homes, Inc. | 485,820 | 16,551,887 |
Iron Mountain, Inc. | 246,554 | 19,389,007 |
Kimco Realty Corp. | 560,337 | 11,072,259 |
Lamar Advertising Co., Class A | 74,097 | 8,191,423 |
Mid-America Apartment Communities, Inc. | 98,588 | 12,390,540 |
NNN REIT, Inc. | 156,344 | 6,361,637 |
Omega Healthcare Investors, Inc. | 205,239 | 6,387,038 |
Prologis, Inc. | 779,370 | 103,866,640 |
Public Storage | 133,701 | 37,953,703 |
Realty Income Corp. | 701,214 | 36,540,262 |
Regency Centers Corp. | 138,734 | 8,594,571 |
Rexford Industrial Realty, Inc. | 178,382 | 9,076,076 |
SBA Communications Corp. | 91,106 | 19,062,108 |
Simon Property Group, Inc. | 275,546 | 40,819,384 |
Sun Communities, Inc. | 105,249 | 14,078,106 |
UDR, Inc. | 254,367 | 9,030,028 |
Ventas, Inc. | 341,121 | 14,426,007 |
VICI Properties, Inc. | 872,745 | 26,121,258 |
Welltower, Inc. | 467,483 | 43,083,233 |
Weyerhaeuser Co. | 613,066 | 21,077,209 |
WP Carey, Inc. | 184,700 | 10,404,151 |
898,829,676 | ||
Financial Services 7.9% | ||
AGNC Investment Corp. (a) | 567,588 | 5,426,141 |
Ally Financial, Inc. | 230,848 | 8,539,068 |
American Express Co. | 485,616 | 106,553,863 |
Ameriprise Financial, Inc. | 85,695 | 34,908,715 |
Annaly Capital Management, Inc. | 426,624 | 8,144,252 |
Apollo Global Management, Inc. | 369,171 | 41,273,318 |
ARES Management Corp., Class A | 142,268 | 18,869,005 |
Bank of New York Mellon Corp. | 650,681 | 36,496,697 |
Berkshire Hathaway, Inc., Class B * | 1,535,402 | 628,593,579 |
BlackRock, Inc. | 117,963 | 95,708,100 |
Blackstone, Inc. | 599,785 | 76,664,519 |
Block, Inc. * | 468,826 | 37,257,602 |
Capital One Financial Corp. | 320,762 | 44,140,059 |
Carlyle Group, Inc. | 184,274 | 8,448,963 |
Cboe Global Markets, Inc. | 88,994 | 17,086,848 |
Charles Schwab Corp. (b) | 1,246,818 | 83,262,506 |
CME Group, Inc. | 304,004 | 66,987,281 |
Coinbase Global, Inc., Class A * | 143,912 | 29,294,727 |
Corebridge Financial, Inc. | 202,041 | 5,016,678 |
Credit Acceptance Corp. * | 5,462 | 3,023,763 |
Discover Financial Services | 211,384 | 25,514,049 |
Equitable Holdings, Inc. | 267,889 | 9,172,519 |
FactSet Research Systems, Inc. | 31,972 | 14,789,608 |
Fidelity National Information Services, Inc. | 499,433 | 34,555,769 |
Fiserv, Inc. * | 506,294 | 75,574,505 |
FleetCor Technologies, Inc. * | 60,890 | 17,004,750 |
Franklin Resources, Inc. | 242,236 | 6,649,378 |
Global Payments, Inc. | 219,701 | 28,495,220 |
Goldman Sachs Group, Inc. | 275,520 | 107,191,056 |
Interactive Brokers Group, Inc., Class A | 91,137 | 9,908,415 |
Intercontinental Exchange, Inc. | 482,811 | 66,830,699 |
Invesco Ltd. | 374,268 | 5,767,470 |
Jack Henry & Associates, Inc. | 61,624 | 10,708,402 |
Jefferies Financial Group, Inc. | 141,487 | 5,916,986 |
KKR & Co., Inc. | 560,714 | 55,095,758 |
LPL Financial Holdings, Inc. | 63,672 | 17,057,092 |
MarketAxess Holdings, Inc. | 32,289 | 6,890,795 |
Mastercard, Inc., Class A | 698,848 | 331,785,076 |
Moody's Corp. | 132,874 | 50,415,053 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Morgan Stanley | 1,065,965 | 91,715,629 |
Morningstar, Inc. | 22,477 | 6,711,407 |
MSCI, Inc. | 66,691 | 37,411,650 |
Nasdaq, Inc. | 286,941 | 16,126,084 |
Northern Trust Corp. | 173,699 | 14,265,899 |
PayPal Holdings, Inc. * | 910,906 | 54,964,068 |
Raymond James Financial, Inc. | 158,549 | 19,076,616 |
Robinhood Markets, Inc., Class A * | 435,226 | 7,098,536 |
S&P Global, Inc. | 273,591 | 117,200,913 |
SEI Investments Co. | 86,042 | 5,786,324 |
SoFi Technologies, Inc. *(a) | 815,116 | 7,319,742 |
Starwood Property Trust, Inc. | 247,794 | 5,052,520 |
State Street Corp. | 259,917 | 19,163,680 |
Synchrony Financial | 347,700 | 14,360,010 |
T Rowe Price Group, Inc. | 187,891 | 21,297,445 |
Toast, Inc., Class A * | 315,848 | 7,264,504 |
Tradeweb Markets, Inc., Class A | 97,785 | 10,347,609 |
Visa, Inc., Class A | 1,345,209 | 380,209,872 |
Voya Financial, Inc. | 88,924 | 6,078,845 |
WEX, Inc. * | 36,024 | 7,915,554 |
3,084,385,191 | ||
Food, Beverage & Tobacco 2.6% | ||
Altria Group, Inc. | 1,492,783 | 61,069,753 |
Archer-Daniels-Midland Co. | 449,232 | 23,858,711 |
Brown-Forman Corp., Class B | 203,954 | 12,284,149 |
Bunge Global SA | 122,278 | 11,539,375 |
Campbell Soup Co. | 164,808 | 7,027,413 |
Celsius Holdings, Inc. * | 123,885 | 10,111,494 |
Coca-Cola Co. | 3,284,350 | 197,126,687 |
Conagra Brands, Inc. | 401,819 | 11,283,078 |
Constellation Brands, Inc., Class A | 136,579 | 33,942,613 |
Darling Ingredients, Inc. * | 136,036 | 5,755,683 |
General Mills, Inc. | 490,484 | 31,479,263 |
Hershey Co. | 126,644 | 23,798,940 |
Hormel Foods Corp. | 243,460 | 8,599,007 |
J M Smucker Co. | 89,233 | 10,723,130 |
Kellanova | 224,453 | 12,378,583 |
Keurig Dr Pepper, Inc. | 851,158 | 25,458,136 |
Kraft Heinz Co. | 672,391 | 23,721,954 |
Lamb Weston Holdings, Inc. | 123,443 | 12,617,109 |
McCormick & Co., Inc. - Non Voting Shares | 211,581 | 14,569,468 |
Molson Coors Beverage Co., Class B | 154,795 | 9,662,304 |
Mondelez International, Inc., Class A | 1,147,327 | 83,835,184 |
Monster Beverage Corp. * | 623,624 | 36,856,178 |
PepsiCo, Inc. | 1,160,556 | 191,886,329 |
Philip Morris International, Inc. | 1,310,786 | 117,918,309 |
Post Holdings, Inc. * | 43,256 | 4,505,545 |
Tyson Foods, Inc., Class A | 241,789 | 13,114,635 |
995,123,030 | ||
Health Care Equipment & Services 5.0% | ||
Abbott Laboratories | 1,464,551 | 173,754,331 |
agilon health, Inc. * | 254,700 | 1,561,311 |
Align Technology, Inc. * | 60,301 | 18,236,228 |
Baxter International, Inc. | 426,615 | 17,457,086 |
Becton Dickinson & Co. | 244,983 | 57,705,746 |
Boston Scientific Corp. * | 1,235,708 | 81,816,227 |
Cardinal Health, Inc. | 207,296 | 23,213,006 |
Cencora, Inc. | 140,995 | 33,218,422 |
Centene Corp. * | 449,643 | 35,265,500 |
Chemed Corp. | 12,862 | 8,053,284 |
Cigna Group | 246,918 | 82,999,017 |
Cooper Cos., Inc. | 167,964 | 15,721,430 |
CVS Health Corp. | 1,083,296 | 80,564,724 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
DaVita, Inc. * | 46,369 | 5,887,472 |
DENTSPLY SIRONA, Inc. | 178,529 | 5,834,328 |
Dexcom, Inc. * | 325,379 | 37,441,362 |
Edwards Lifesciences Corp. * | 511,853 | 43,440,964 |
Elevance Health, Inc. | 198,467 | 99,481,584 |
Encompass Health Corp. | 84,186 | 6,263,438 |
GE HealthCare Technologies, Inc. | 341,957 | 31,213,835 |
HCA Healthcare, Inc. | 167,358 | 52,165,489 |
Henry Schein, Inc. * | 110,990 | 8,487,405 |
Hologic, Inc. * | 207,916 | 15,344,201 |
Humana, Inc. | 103,942 | 36,412,961 |
IDEXX Laboratories, Inc. * | 70,034 | 40,285,658 |
Insulet Corp. * | 59,023 | 9,679,772 |
Intuitive Surgical, Inc. * | 296,948 | 114,503,149 |
Laboratory Corp. of America Holdings | 71,444 | 15,419,759 |
Masimo Corp. * | 38,413 | 4,937,607 |
McKesson Corp. | 112,423 | 58,618,476 |
Medtronic PLC | 1,123,107 | 93,622,200 |
Molina Healthcare, Inc. * | 49,533 | 19,511,544 |
Penumbra, Inc. * | 33,039 | 7,761,522 |
Quest Diagnostics, Inc. | 94,624 | 11,817,591 |
R1 RCM, Inc. * | 162,785 | 2,287,129 |
ResMed, Inc. | 124,342 | 21,600,692 |
Shockwave Medical, Inc. * | 30,982 | 8,082,274 |
STERIS PLC | 83,898 | 19,540,683 |
Stryker Corp. | 285,293 | 99,587,227 |
Teleflex, Inc. | 39,550 | 8,811,344 |
UnitedHealth Group, Inc. | 780,637 | 385,322,423 |
Universal Health Services, Inc., Class B | 51,916 | 8,673,087 |
Veeva Systems, Inc., Class A * | 123,319 | 27,809,668 |
Zimmer Biomet Holdings, Inc. | 176,996 | 22,011,223 |
1,951,422,379 | ||
Household & Personal Products 1.3% | ||
Church & Dwight Co., Inc. | 207,417 | 20,766,590 |
Clorox Co. | 104,703 | 16,052,017 |
Colgate-Palmolive Co. | 695,596 | 60,182,966 |
Coty, Inc., Class A * | 315,275 | 3,959,854 |
Estee Lauder Cos., Inc., Class A | 195,767 | 29,087,061 |
Kenvue, Inc. | 1,459,408 | 27,728,752 |
Kimberly-Clark Corp. | 285,783 | 34,628,326 |
Procter & Gamble Co. | 1,988,975 | 316,127,686 |
Reynolds Consumer Products, Inc. | 45,827 | 1,351,897 |
509,885,149 | ||
Insurance 2.2% | ||
Aflac, Inc. | 449,244 | 36,271,961 |
Allstate Corp. | 220,783 | 35,219,304 |
American Financial Group, Inc. | 55,355 | 7,067,173 |
American International Group, Inc. | 592,877 | 43,214,805 |
Aon PLC, Class A | 169,107 | 53,436,121 |
Arch Capital Group Ltd. * | 314,772 | 27,570,879 |
Arthur J Gallagher & Co. | 182,116 | 44,423,556 |
Assurant, Inc. | 43,874 | 7,960,937 |
Brown & Brown, Inc. | 199,115 | 16,767,474 |
Chubb Ltd. | 344,124 | 86,605,687 |
Cincinnati Financial Corp. | 133,159 | 15,180,126 |
CNA Financial Corp. | 23,537 | 1,034,451 |
Erie Indemnity Co., Class A | 21,035 | 8,558,721 |
Everest Group Ltd. | 36,869 | 13,600,237 |
Fidelity National Financial, Inc. | 218,377 | 11,045,509 |
Globe Life, Inc. | 72,182 | 9,162,061 |
Hartford Financial Services Group, Inc. | 253,262 | 24,272,630 |
Kinsale Capital Group, Inc. | 18,795 | 9,701,603 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Loews Corp. | 155,071 | 11,650,484 |
Markel Group, Inc. * | 11,387 | 16,994,870 |
Marsh & McLennan Cos., Inc. | 416,237 | 84,192,258 |
MetLife, Inc. | 526,039 | 36,685,960 |
Old Republic International Corp. | 222,712 | 6,449,739 |
Principal Financial Group, Inc. | 184,748 | 14,938,723 |
Progressive Corp. | 493,519 | 93,551,462 |
Prudential Financial, Inc. | 305,121 | 33,255,138 |
Reinsurance Group of America, Inc. | 56,139 | 9,928,182 |
RenaissanceRe Holdings Ltd. | 44,211 | 9,939,517 |
Travelers Cos., Inc. | 192,919 | 42,627,382 |
Unum Group | 154,757 | 7,652,734 |
W R Berkley Corp. | 172,449 | 14,416,736 |
Willis Towers Watson PLC | 87,013 | 23,720,614 |
857,097,034 | ||
Materials 2.4% | ||
Air Products & Chemicals, Inc. | 187,594 | 43,904,500 |
Albemarle Corp. | 99,414 | 13,704,220 |
Alcoa Corp. | 150,202 | 4,086,996 |
Amcor PLC | 1,223,073 | 11,081,041 |
AptarGroup, Inc. | 55,073 | 7,735,554 |
Avery Dennison Corp. | 68,333 | 14,796,145 |
Axalta Coating Systems Ltd. * | 187,263 | 6,129,118 |
Ball Corp. | 267,175 | 17,104,544 |
Berry Global Group, Inc. | 100,885 | 5,872,516 |
Celanese Corp. | 85,250 | 12,955,443 |
CF Industries Holdings, Inc. | 161,985 | 13,075,429 |
Cleveland-Cliffs, Inc. * | 423,083 | 8,800,126 |
Corteva, Inc. | 593,273 | 31,751,971 |
Crown Holdings, Inc. | 100,937 | 7,733,793 |
Dow, Inc. | 590,947 | 33,022,118 |
DuPont de Nemours, Inc. | 362,282 | 25,066,292 |
Eastman Chemical Co. | 99,937 | 8,768,472 |
Ecolab, Inc. | 213,848 | 48,081,584 |
FMC Corp. | 105,252 | 5,935,160 |
Freeport-McMoRan, Inc. | 1,212,899 | 45,859,711 |
International Flavors & Fragrances, Inc. | 215,624 | 16,279,612 |
International Paper Co. | 293,659 | 10,383,782 |
Linde PLC | 409,345 | 183,722,223 |
LyondellBasell Industries NV, Class A | 216,301 | 21,690,664 |
Martin Marietta Materials, Inc. | 51,988 | 30,033,988 |
Mosaic Co. | 275,678 | 8,590,126 |
Newmont Corp. | 973,461 | 30,420,656 |
Nucor Corp. | 207,067 | 39,818,984 |
Packaging Corp. of America | 75,980 | 13,766,816 |
PPG Industries, Inc. | 199,276 | 28,217,482 |
Reliance, Inc. | 48,559 | 15,598,122 |
Royal Gold, Inc. | 55,331 | 5,678,621 |
RPM International, Inc. | 108,584 | 12,525,164 |
Sealed Air Corp. | 121,159 | 4,224,814 |
Sherwin-Williams Co. | 199,109 | 66,110,161 |
Sonoco Products Co. | 81,637 | 4,627,185 |
Steel Dynamics, Inc. | 128,363 | 17,177,537 |
Vulcan Materials Co. | 112,580 | 29,929,393 |
Westlake Corp. | 26,967 | 3,740,593 |
Westrock Co. | 216,813 | 9,819,461 |
917,820,117 | ||
Media & Entertainment 7.8% | ||
Alphabet, Inc., Class A * | 4,993,916 | 691,457,609 |
Alphabet, Inc., Class C * | 4,203,134 | 587,514,070 |
Charter Communications, Inc., Class A * | 84,789 | 24,922,031 |
Comcast Corp., Class A | 3,388,661 | 145,204,124 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Electronic Arts, Inc. | 206,286 | 28,772,771 |
Fox Corp., Class A | 314,633 | 9,372,917 |
Interpublic Group of Cos., Inc. | 322,687 | 10,132,372 |
Liberty Broadband Corp., Class C * | 110,929 | 6,675,707 |
Liberty Media Corp.-Liberty Formula One, Class C * | 193,950 | 14,111,802 |
Liberty Media Corp.-Liberty SiriusXM, Class C * | 189,080 | 5,479,538 |
Live Nation Entertainment, Inc. * | 119,584 | 11,597,256 |
Match Group, Inc. * | 228,905 | 8,249,736 |
Meta Platforms, Inc., Class A | 1,873,132 | 918,078,187 |
Netflix, Inc. * | 369,589 | 222,832,600 |
News Corp., Class A | 423,819 | 11,392,255 |
Omnicom Group, Inc. | 166,334 | 14,702,262 |
Paramount Global, Class B | 424,315 | 4,684,438 |
Pinterest, Inc., Class A * | 495,174 | 18,172,886 |
ROBLOX Corp., Class A * | 410,662 | 16,385,414 |
Roku, Inc. * | 106,583 | 6,733,914 |
Sirius XM Holdings, Inc. (a) | 546,034 | 2,413,470 |
Snap, Inc., Class A * | 867,090 | 9,555,332 |
Take-Two Interactive Software, Inc. * | 133,764 | 19,653,945 |
Trade Desk, Inc., Class A * | 376,660 | 32,178,064 |
Walt Disney Co. | 1,544,193 | 172,301,055 |
Warner Bros Discovery, Inc. * | 1,866,693 | 16,408,231 |
ZoomInfo Technologies, Inc. * | 253,556 | 4,249,599 |
3,013,231,585 | ||
Pharmaceuticals, Biotechnology & Life Sciences 7.2% | ||
AbbVie, Inc. | 1,490,013 | 262,316,789 |
Agilent Technologies, Inc. | 246,275 | 33,828,334 |
Alnylam Pharmaceuticals, Inc. * | 106,257 | 16,054,370 |
Amgen, Inc. | 451,659 | 123,677,784 |
Avantor, Inc. * | 567,565 | 13,984,802 |
Biogen, Inc. * | 122,199 | 26,515,961 |
BioMarin Pharmaceutical, Inc. * | 158,553 | 13,679,953 |
Bio-Rad Laboratories, Inc., Class A * | 18,036 | 5,877,572 |
Bio-Techne Corp. | 132,594 | 9,754,941 |
Bristol-Myers Squibb Co. | 1,717,052 | 87,140,389 |
Bruker Corp. | 78,262 | 6,772,793 |
Catalent, Inc. * | 152,171 | 8,725,485 |
Charles River Laboratories International, Inc. * | 43,269 | 10,998,547 |
Danaher Corp. | 555,207 | 140,545,100 |
Elanco Animal Health, Inc. * | 421,894 | 6,703,896 |
Eli Lilly & Co. | 672,963 | 507,198,754 |
Exact Sciences Corp. * | 152,539 | 8,775,569 |
Gilead Sciences, Inc. | 1,051,049 | 75,780,633 |
Illumina, Inc. * | 134,420 | 18,795,949 |
Incyte Corp. * | 156,671 | 9,143,320 |
IQVIA Holdings, Inc. * | 154,364 | 38,152,606 |
Jazz Pharmaceuticals PLC * | 52,783 | 6,275,899 |
Johnson & Johnson | 2,031,564 | 327,853,798 |
Karuna Therapeutics, Inc. * | 30,368 | 9,534,641 |
Medpace Holdings, Inc. * | 20,062 | 7,975,046 |
Merck & Co., Inc. | 2,138,370 | 271,893,745 |
Mettler-Toledo International, Inc. * | 18,399 | 22,947,601 |
Moderna, Inc. * | 280,063 | 25,833,011 |
Neurocrine Biosciences, Inc. * | 82,671 | 10,780,298 |
Organon & Co. | 214,525 | 3,734,880 |
Pfizer, Inc. | 4,767,361 | 126,621,108 |
Regeneron Pharmaceuticals, Inc. * | 90,524 | 87,454,331 |
Repligen Corp. * | 44,299 | 8,593,563 |
Revvity, Inc. | 104,589 | 11,461,908 |
Roivant Sciences Ltd. * | 284,762 | 3,257,677 |
Royalty Pharma PLC, Class A | 324,231 | 9,837,168 |
Sarepta Therapeutics, Inc. * | 78,653 | 10,059,719 |
Thermo Fisher Scientific, Inc. | 326,112 | 185,942,540 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
United Therapeutics Corp. * | 39,552 | 8,924,513 |
Vertex Pharmaceuticals, Inc. * | 217,486 | 91,505,060 |
Viatris, Inc. | 1,009,425 | 12,486,587 |
Waters Corp. * | 49,834 | 16,814,988 |
West Pharmaceutical Services, Inc. | 62,475 | 22,388,541 |
Zoetis, Inc. | 387,020 | 76,757,677 |
2,783,357,846 | ||
Real Estate Management & Development 0.2% | ||
CBRE Group, Inc., Class A * | 256,838 | 23,600,844 |
CoStar Group, Inc. * | 343,957 | 29,934,578 |
Jones Lang LaSalle, Inc. * | 39,997 | 7,609,029 |
Zillow Group, Inc., Class C * | 177,979 | 9,993,521 |
71,137,972 | ||
Semiconductors & Semiconductor Equipment 9.3% | ||
Advanced Micro Devices, Inc. * | 1,363,517 | 262,517,928 |
Analog Devices, Inc. | 420,470 | 80,654,555 |
Applied Materials, Inc. | 706,460 | 142,436,465 |
Broadcom, Inc. | 370,570 | 481,922,579 |
Enphase Energy, Inc. * | 115,773 | 14,704,329 |
Entegris, Inc. | 126,307 | 16,970,609 |
First Solar, Inc. * | 90,621 | 13,945,666 |
Intel Corp. | 3,556,241 | 153,096,175 |
KLA Corp. | 114,803 | 78,330,087 |
Lam Research Corp. | 111,259 | 104,388,757 |
Lattice Semiconductor Corp. * | 116,988 | 8,962,451 |
Marvell Technology, Inc. | 729,104 | 52,247,593 |
Microchip Technology, Inc. | 456,631 | 38,420,932 |
Micron Technology, Inc. | 926,191 | 83,922,166 |
Monolithic Power Systems, Inc. | 40,335 | 29,042,813 |
NVIDIA Corp. | 2,084,300 | 1,648,931,416 |
NXP Semiconductors NV | 217,795 | 54,389,945 |
ON Semiconductor Corp. * | 364,581 | 28,772,732 |
Qorvo, Inc. * | 82,440 | 9,443,502 |
QUALCOMM, Inc. | 939,199 | 148,196,210 |
Skyworks Solutions, Inc. | 133,975 | 14,056,657 |
SolarEdge Technologies, Inc. * | 47,516 | 3,191,650 |
Teradyne, Inc. | 129,201 | 13,383,932 |
Texas Instruments, Inc. | 766,778 | 128,304,963 |
Universal Display Corp. | 36,843 | 6,426,156 |
Wolfspeed, Inc. * | 104,190 | 2,711,024 |
3,619,371,292 | ||
Software & Services 12.7% | ||
Accenture PLC, Class A | 529,821 | 198,566,314 |
Adobe, Inc. * | 384,388 | 215,364,909 |
Akamai Technologies, Inc. * | 127,060 | 14,093,495 |
ANSYS, Inc. * | 73,468 | 24,550,802 |
AppLovin Corp., Class A * | 109,214 | 6,522,260 |
Aspen Technology, Inc. * | 23,573 | 4,570,569 |
Atlassian Corp., Class A * | 131,244 | 27,222,631 |
Autodesk, Inc. * | 180,699 | 46,651,061 |
Bentley Systems, Inc., Class B | 193,298 | 9,929,718 |
Bill Holdings, Inc. * | 83,352 | 5,278,682 |
Cadence Design Systems, Inc. * | 229,750 | 69,931,305 |
Cloudflare, Inc., Class A * | 249,184 | 24,554,591 |
Cognizant Technology Solutions Corp., Class A | 423,651 | 33,476,902 |
Crowdstrike Holdings, Inc., Class A * | 191,126 | 61,953,493 |
Datadog, Inc., Class A * | 255,960 | 33,648,502 |
DocuSign, Inc. * | 171,227 | 9,121,262 |
Dynatrace, Inc. * | 201,351 | 9,976,942 |
Elastic NV * | 69,032 | 9,237,172 |
EPAM Systems, Inc. * | 48,947 | 14,899,467 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Fair Isaac Corp. * | 21,006 | 26,675,730 |
Five9, Inc. * | 62,044 | 3,784,684 |
Fortinet, Inc. * | 536,789 | 37,097,488 |
Gartner, Inc. * | 65,601 | 30,541,202 |
Gen Digital, Inc. | 479,741 | 10,309,634 |
GoDaddy, Inc., Class A * | 118,520 | 13,529,058 |
Guidewire Software, Inc. * | 68,585 | 8,184,934 |
HubSpot, Inc. * | 42,399 | 26,236,925 |
International Business Machines Corp. | 770,746 | 142,611,132 |
Intuit, Inc. | 236,530 | 156,793,372 |
Manhattan Associates, Inc. * | 51,598 | 13,071,321 |
Microsoft Corp. | 6,271,789 | 2,594,262,802 |
MongoDB, Inc. * | 60,162 | 26,927,308 |
Okta, Inc. * | 133,196 | 14,291,931 |
Oracle Corp. | 1,340,780 | 149,738,310 |
Palantir Technologies, Inc., Class A * | 1,620,217 | 40,635,042 |
Palo Alto Networks, Inc. * | 262,234 | 81,436,769 |
Procore Technologies, Inc. * | 74,902 | 5,844,603 |
PTC, Inc. * | 100,932 | 18,471,565 |
Roper Technologies, Inc. | 90,141 | 49,102,507 |
Salesforce, Inc. * | 821,245 | 253,616,881 |
ServiceNow, Inc. * | 173,102 | 133,520,497 |
Snowflake, Inc., Class A * | 278,589 | 52,452,737 |
Splunk, Inc. * | 130,540 | 20,392,959 |
Synopsys, Inc. * | 128,396 | 73,664,637 |
Twilio, Inc., Class A * | 153,933 | 9,172,868 |
Tyler Technologies, Inc. * | 35,739 | 15,622,946 |
UiPath, Inc., Class A * | 342,493 | 8,134,209 |
Unity Software, Inc. * | 202,317 | 5,931,934 |
VeriSign, Inc. * | 74,739 | 14,595,779 |
Workday, Inc., Class A * | 174,952 | 51,551,356 |
Zoom Video Communications, Inc., Class A * | 214,286 | 15,156,449 |
Zscaler, Inc. * | 74,454 | 18,015,634 |
4,940,925,280 | ||
Technology Hardware & Equipment 7.5% | ||
Amphenol Corp., Class A | 505,006 | 55,166,855 |
Apple, Inc. | 12,336,659 | 2,229,851,114 |
Arista Networks, Inc. * | 212,784 | 59,056,071 |
Arrow Electronics, Inc. * | 46,375 | 5,449,063 |
CDW Corp. | 113,319 | 27,900,271 |
Ciena Corp. * | 124,754 | 7,108,483 |
Cisco Systems, Inc. | 3,416,180 | 165,240,627 |
Cognex Corp. | 145,048 | 5,722,144 |
Corning, Inc. | 650,284 | 20,965,156 |
Dell Technologies, Inc., Class C | 215,139 | 20,365,058 |
F5, Inc. * | 50,633 | 9,479,510 |
Hewlett Packard Enterprise Co. | 1,085,676 | 16,534,845 |
HP, Inc. | 732,844 | 20,761,471 |
Jabil, Inc. | 107,735 | 15,523,536 |
Juniper Networks, Inc. | 269,358 | 9,974,327 |
Keysight Technologies, Inc. * | 150,136 | 23,165,985 |
Motorola Solutions, Inc. | 140,412 | 46,390,721 |
NetApp, Inc. | 176,439 | 15,724,244 |
Pure Storage, Inc., Class A * | 249,063 | 13,113,167 |
Seagate Technology Holdings PLC | 164,703 | 15,325,614 |
Super Micro Computer, Inc. * | 39,028 | 33,802,931 |
TD SYNNEX Corp. | 48,724 | 5,062,424 |
TE Connectivity Ltd. | 261,671 | 37,565,489 |
Teledyne Technologies, Inc. * | 40,033 | 17,104,900 |
Trimble, Inc. * | 208,168 | 12,737,800 |
Ubiquiti, Inc. | 3,680 | 431,222 |
Western Digital Corp. * | 273,718 | 16,278,009 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Zebra Technologies Corp., Class A * | 43,590 | 12,182,533 |
2,917,983,570 | ||
Telecommunication Services 0.8% | ||
AT&T, Inc. | 6,028,967 | 102,070,411 |
GCI Liberty, Inc. *(c) | 75,055 | 0 |
Liberty Global Ltd., Class C * | 299,762 | 5,560,585 |
T-Mobile U.S., Inc. | 429,313 | 70,106,813 |
Verizon Communications, Inc. | 3,547,941 | 141,988,599 |
319,726,408 | ||
Transportation 1.8% | ||
Alaska Air Group, Inc. * | 108,470 | 4,055,693 |
American Airlines Group, Inc. * | 552,063 | 8,656,348 |
Avis Budget Group, Inc. | 15,493 | 1,673,864 |
CH Robinson Worldwide, Inc. | 97,690 | 7,236,875 |
CSX Corp. | 1,668,226 | 63,292,494 |
Delta Air Lines, Inc. | 543,316 | 22,965,967 |
Expeditors International of Washington, Inc. | 122,449 | 14,644,900 |
FedEx Corp. | 195,487 | 48,670,398 |
Hertz Global Holdings, Inc. * | 108,730 | 853,531 |
JB Hunt Transport Services, Inc. | 68,800 | 14,194,128 |
Knight-Swift Transportation Holdings, Inc. | 135,664 | 7,643,310 |
Norfolk Southern Corp. | 191,324 | 48,477,675 |
Old Dominion Freight Line, Inc. | 75,537 | 33,423,612 |
Saia, Inc. * | 22,547 | 12,973,544 |
Southwest Airlines Co. | 503,486 | 17,254,465 |
Uber Technologies, Inc. * | 1,737,692 | 138,146,514 |
U-Haul Holding Co. * | 8,245 | 530,813 |
U-Haul Holding Co., Non Voting Shares | 83,815 | 5,328,120 |
Union Pacific Corp. | 514,456 | 130,512,343 |
United Airlines Holdings, Inc. * | 275,490 | 12,532,040 |
United Parcel Service, Inc., Class B | 610,549 | 90,519,995 |
XPO, Inc. * | 97,591 | 11,742,149 |
695,328,778 | ||
Utilities 2.1% | ||
AES Corp. | 565,783 | 8,599,902 |
Alliant Energy Corp. | 215,355 | 10,283,201 |
Ameren Corp. | 222,248 | 15,821,835 |
American Electric Power Co., Inc. | 443,509 | 37,782,532 |
American Water Works Co., Inc. | 164,716 | 19,525,435 |
Atmos Energy Corp. | 124,932 | 14,106,072 |
Avangrid, Inc. | 58,486 | 1,820,669 |
CenterPoint Energy, Inc. | 533,494 | 14,671,085 |
CMS Energy Corp. | 245,400 | 14,078,598 |
Consolidated Edison, Inc. | 291,127 | 25,389,186 |
Constellation Energy Corp. | 270,206 | 45,516,201 |
Dominion Energy, Inc. | 704,905 | 33,715,606 |
DTE Energy Co. | 174,247 | 18,879,662 |
Duke Energy Corp. | 650,743 | 59,757,730 |
Edison International | 323,130 | 21,979,303 |
Entergy Corp. | 179,709 | 18,253,043 |
Essential Utilities, Inc. | 213,614 | 7,429,495 |
Evergy, Inc. | 195,896 | 9,704,688 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Eversource Energy | 294,127 | 17,265,255 |
Exelon Corp. | 838,341 | 30,046,141 |
FirstEnergy Corp. | 438,741 | 16,062,308 |
NextEra Energy, Inc. | 1,730,299 | 95,495,202 |
NiSource, Inc. | 348,935 | 9,093,246 |
NRG Energy, Inc. | 190,149 | 10,519,043 |
OGE Energy Corp. | 170,364 | 5,606,679 |
PG&E Corp. | 1,795,928 | 29,974,038 |
Pinnacle West Capital Corp. | 94,825 | 6,479,392 |
PPL Corp. | 622,116 | 16,405,199 |
Public Service Enterprise Group, Inc. | 421,179 | 26,281,570 |
Sempra | 532,214 | 37,574,308 |
Southern Co. | 920,624 | 61,911,964 |
UGI Corp. | 176,965 | 4,332,103 |
Vistra Corp. | 282,703 | 15,418,622 |
WEC Energy Group, Inc. | 266,547 | 20,921,274 |
Xcel Energy, Inc. | 464,925 | 24,496,898 |
805,197,485 | ||
Total Common Stocks (Cost $23,484,440,595) | 38,741,762,839 |
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) | 21,275,045 | 21,275,045 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (d)(e) | 17,887,260 | 17,887,260 |
39,162,305 | ||
Total Short-Term Investments (Cost $39,162,305) | 39,162,305 | |
Total Investments in Securities (Cost $23,523,602,900) | 38,780,925,144 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
S&P 500 Index, e-mini, expires 03/15/24 | 285 | 72,728,438 | 2,029,010 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $17,320,905. |
(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 8/31/23 | PURCHASES | SALES | REALIZED GAINS (LOSSES) | NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) | VALUE AT 2/29/24 | BALANCE OF SHARES HELD AT 2/29/24 | DIVIDENDS RECEIVED |
COMMON STOCKS 0.2% OF NET ASSETS | ||||||||
Financial Services 0.2% | ||||||||
Charles Schwab Corp. | $73,278,214 | $3,548,030 | ($3,140,536 ) | $769,782 | $8,807,016 | $83,262,506 | 1,246,818 | $627,936 |
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 | $38,422,036,431 | $— | $— | $38,422,036,431 |
Telecommunication Services | 319,726,408 | — | 0 * | 319,726,408 |
Short-Term Investments1 | 39,162,305 | — | — | 39,162,305 |
Futures Contracts2 | 2,029,010 | — | — | 2,029,010 |
Total | $38,782,954,154 | $— | $0 | $38,782,954,154 |
* | Level 3 amount shown includes securities determined to have no value at February 29, 2024. |
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 $61,569,073) | $83,262,506 | |
Investments in securities, at value - unaffiliated (cost $23,462,033,827) including securities on loan of $17,320,905 | 38,697,662,638 | |
Deposit with broker for futures contracts | 5,096,000 | |
Receivables: | ||
Dividends | 52,088,846 | |
Investments sold | 47,138,633 | |
Variation margin on future contracts | 320,073 | |
Income from securities on loan | 106,526 | |
Foreign tax reclaims | + | 16,212 |
Total assets | 38,885,691,434 | |
Liabilities | ||
Collateral held for securities on loan | 17,887,260 | |
Payables: | ||
Fund shares redeemed | 48,301,490 | |
Investments bought | 2,285,388 | |
Management fees | + | 911,825 |
Total liabilities | 69,385,963 | |
Net assets | $38,816,305,471 | |
Net Assets by Source | ||
Capital received from investors | $23,953,457,738 | |
Total distributable earnings | + | 14,862,847,733 |
Net assets | $38,816,305,471 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$38,816,305,471 | 642,900,000 | $60.38 | ||
For the period September 1, 2023 through February 29, 2024; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $91,209) | $272,509,247 | |
Dividends received from securities - affiliated | 627,936 | |
Interest received from securities - unaffiliated | 118,746 | |
Securities on loan, net | + | 549,547 |
Total investment income | 273,805,476 | |
Expenses | ||
Management fees | 5,240,276 | |
Total expenses | – | 5,240,276 |
Net investment income | 268,565,200 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - affiliated | (347,518 ) | |
Net realized losses on sales of securities - unaffiliated | (164,686,743 ) | |
Net realized gains on sales of in-kind redemptions - affiliated | 1,117,300 | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 650,938,431 | |
Net realized gains on futures contracts | + | 3,331,439 |
Net realized gains | 490,352,909 | |
Net change in unrealized appreciation (depreciation) on securities - affiliated | 8,807,016 | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 4,137,560,514 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 1,748,636 |
Net change in unrealized appreciation (depreciation) | + | 4,148,116,166 |
Net realized and unrealized gains | 4,638,469,075 | |
Increase in net assets resulting from operations | $4,907,034,275 |
OPERATIONS | |||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||
Net investment income | $268,565,200 | $502,256,555 | |
Net realized gains | 490,352,909 | 542,132,297 | |
Net change in unrealized appreciation (depreciation) | + | 4,148,116,166 | 3,639,409,676 |
Increase in net assets resulting from operations | $4,907,034,275 | $4,683,798,528 | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($268,312,890 ) | ($491,587,390 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 23,550,000 | $1,259,890,493 | 60,200,000 | $2,775,351,355 | |
Shares redeemed | + | (19,350,000 ) | (1,100,106,610 ) | (38,800,000 ) | (1,860,648,362 ) |
Net transactions in fund shares | 4,200,000 | $159,783,883 | 21,400,000 | $914,702,993 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 638,700,000 | $34,017,800,203 | 617,300,000 | $28,910,886,072 | |
Total increase | + | 4,200,000 | 4,798,505,268 | 21,400,000 | 5,106,914,131 |
End of period | 642,900,000 | $38,816,305,471 | 638,700,000 | $34,017,800,203 |
9/1/23– 2/29/24* | 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 | $76.83 | $62.09 | $78.35 | $60.08 | $42.01 | $40.85 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)2 | 0.22 | 0.35 | 0.29 | 0.37 | 0.35 | 0.48 |
Net realized and unrealized gains (losses) | 14.25 | 14.73 | (16.20 ) | 18.21 | 18.09 | 1.14 |
Total from investment operations | 14.47 | 15.08 | (15.91 ) | 18.58 | 18.44 | 1.62 |
Less distributions: | ||||||
Distributions from net investment income | (0.21 ) | (0.34 ) | (0.35 ) | (0.31 ) | (0.37 ) | (0.46 ) |
Net asset value at end of period | $91.09 | $76.83 | $62.09 | $78.35 | $60.08 | $42.01 |
Total return | 18.89 %3 | 24.41 % | (20.37 %) | 31.06 % | 44.22 % | 4.09 % |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.04 %4 | 0.04 %5 | 0.04 %5 | 0.04 % | 0.04 % | 0.04 % |
Net investment income (loss) | 0.56 %4 | 0.54 % | 0.41 % | 0.55 % | 0.74 % | 1.21 % |
Portfolio turnover rate6 | 3 %3 | 9 % | 6 % | 12 % | 7 % | 14 % |
Net assets, end of period (x 1,000,000) | $26,115 | $19,818 | $14,493 | $16,563 | $12,785 | $8,108 |
* | Unaudited. |
1 | Per-Share Data has been retroactively adjusted to reflect a 2-for-1 share split effective after market close on March 10, 2022. |
2 | Calculated based on the average shares outstanding during the period. |
3 | Not annualized. |
4 | Annualized. |
5 | Ratio includes less than 0.005% of non-routine proxy expenses. |
6 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.9% OF NET ASSETS | ||
Automobiles & Components 2.3% | ||
Rivian Automotive, Inc., Class A *(a) | 710,450 | 8,042,294 |
Tesla, Inc. * | 2,939,181 | 593,361,860 |
601,404,154 | ||
Banks 0.1% | ||
First Citizens BancShares, Inc., Class A | 12,588 | 19,811,120 |
Capital Goods 2.5% | ||
Axon Enterprise, Inc. * | 75,234 | 23,124,674 |
Builders FirstSource, Inc. * | 130,429 | 25,457,132 |
Carlisle Cos., Inc. | 50,999 | 17,849,650 |
Deere & Co. | 285,508 | 104,224,695 |
EMCOR Group, Inc. | 49,036 | 15,373,767 |
Generac Holdings, Inc. * | 66,172 | 7,445,012 |
General Electric Co. | 1,155,701 | 181,317,930 |
Huntington Ingalls Industries, Inc. | 41,286 | 12,039,823 |
L3Harris Technologies, Inc. | 202,010 | 42,757,437 |
Nordson Corp. | 56,054 | 14,890,745 |
Plug Power, Inc. *(a) | 577,103 | 2,037,173 |
TransDigm Group, Inc. | 58,586 | 68,999,076 |
Trex Co., Inc. * | 116,188 | 10,661,411 |
United Rentals, Inc. | 72,122 | 50,000,019 |
Vertiv Holdings Co. | 372,929 | 25,217,459 |
WESCO International, Inc. | 46,471 | 6,946,950 |
WillScot Mobile Mini Holdings Corp. * | 199,944 | 9,547,326 |
WW Grainger, Inc. | 47,458 | 46,198,465 |
664,088,744 | ||
Commercial & Professional Services 0.6% | ||
CACI International, Inc., Class A * | 23,984 | 8,990,402 |
Cintas Corp. | 91,368 | 57,434,839 |
Clean Harbors, Inc. * | 53,401 | 9,724,322 |
Copart, Inc. * | 951,432 | 50,568,611 |
Dayforce, Inc. * | 165,422 | 11,539,839 |
Paycom Software, Inc. | 52,136 | 9,509,085 |
Paylocity Holding Corp. * | 45,223 | 7,625,050 |
Tetra Tech, Inc. | 56,901 | 10,089,685 |
165,481,833 | ||
Consumer Discretionary Distribution & Retail 7.4% | ||
Amazon.com, Inc. * | 9,651,780 | 1,706,048,633 |
AutoZone, Inc. * | 18,774 | 56,435,020 |
Etsy, Inc. * | 143,724 | 10,303,574 |
Five Below, Inc. * | 58,105 | 11,660,511 |
Floor & Decor Holdings, Inc., Class A * | 115,810 | 14,026,907 |
Lithia Motors, Inc. | 28,107 | 8,405,679 |
O'Reilly Automotive, Inc. * | 63,009 | 68,517,247 |
Pool Corp. | 42,191 | 16,797,081 |
RH * | 15,853 | 4,350,063 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Ulta Beauty, Inc. * | 53,191 | 29,178,455 |
Wayfair, Inc., Class A * | 95,834 | 5,711,706 |
1,931,434,876 | ||
Consumer Durables & Apparel 0.7% | ||
Deckers Outdoor Corp. * | 27,491 | 24,620,665 |
DR Horton, Inc. | 319,940 | 47,811,833 |
Lululemon Athletica, Inc. * | 122,909 | 57,409,565 |
NVR, Inc. * | 3,386 | 25,820,180 |
TopBuild Corp. * | 33,411 | 13,443,918 |
169,106,161 | ||
Consumer Services 2.0% | ||
Airbnb, Inc., Class A * | 461,116 | 72,611,937 |
Booking Holdings, Inc. * | 37,216 | 129,095,977 |
Caesars Entertainment, Inc. * | 228,492 | 9,932,547 |
Chipotle Mexican Grill, Inc. * | 29,335 | 78,875,068 |
Churchill Downs, Inc. | 70,033 | 8,534,922 |
Domino's Pizza, Inc. | 37,047 | 16,610,022 |
DoorDash, Inc., Class A * | 322,439 | 40,166,226 |
DraftKings, Inc., Class A * | 494,347 | 21,415,112 |
Expedia Group, Inc. * | 140,560 | 19,231,419 |
Hilton Worldwide Holdings, Inc. | 274,162 | 56,016,780 |
Marriott International, Inc., Class A | 262,448 | 65,577,882 |
518,067,892 | ||
Consumer Staples Distribution & Retail 1.4% | ||
Casey's General Stores, Inc. | 39,402 | 11,997,515 |
Costco Wholesale Corp. | 471,445 | 350,703,221 |
Performance Food Group Co. * | 158,934 | 12,201,363 |
374,902,099 | ||
Energy 1.3% | ||
Baker Hughes Co. | 1,075,459 | 31,822,832 |
Cheniere Energy, Inc. | 254,715 | 39,531,768 |
Coterra Energy, Inc. | 792,739 | 20,436,811 |
Diamondback Energy, Inc. | 192,741 | 35,179,087 |
EOG Resources, Inc. | 619,427 | 70,899,614 |
EQT Corp. | 433,323 | 16,097,950 |
Halliburton Co. | 962,397 | 33,751,263 |
Hess Corp. | 295,368 | 43,049,886 |
New Fortress Energy, Inc. | 63,559 | 2,234,099 |
NOV, Inc. | 418,174 | 7,067,141 |
Range Resources Corp. | 250,279 | 7,913,822 |
Targa Resources Corp. | 235,880 | 23,172,851 |
TechnipFMC PLC | 449,953 | 9,759,481 |
Texas Pacific Land Corp. | 6,470 | 10,192,967 |
351,109,572 | ||
Equity Real Estate Investment Trusts (REITs) 0.5% | ||
Equinix, Inc. | 99,935 | 88,824,226 |
Rexford Industrial Realty, Inc. | 228,177 | 11,609,646 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
SBA Communications Corp. | 115,451 | 24,155,813 |
124,589,685 | ||
Financial Services 6.3% | ||
BlackRock, Inc. | 148,885 | 120,796,356 |
Block, Inc. * | 585,483 | 46,528,334 |
Coinbase Global, Inc., Class A * | 181,642 | 36,975,045 |
Credit Acceptance Corp. * | 6,423 | 3,555,773 |
FactSet Research Systems, Inc. | 40,408 | 18,691,933 |
Fiserv, Inc. * | 634,356 | 94,690,320 |
FleetCor Technologies, Inc. * | 77,458 | 21,631,696 |
Interactive Brokers Group, Inc., Class A | 111,416 | 12,113,147 |
LPL Financial Holdings, Inc. | 80,468 | 21,556,572 |
MarketAxess Holdings, Inc. | 39,537 | 8,437,591 |
Mastercard, Inc., Class A | 881,929 | 418,704,612 |
Moody's Corp. | 167,561 | 63,575,995 |
MSCI, Inc. | 84,537 | 47,422,721 |
PayPal Holdings, Inc. * | 1,140,621 | 68,825,071 |
Robinhood Markets, Inc., Class A * | 554,864 | 9,049,832 |
S&P Global, Inc. | 344,948 | 147,768,824 |
Toast, Inc., Class A * | 392,954 | 9,037,942 |
Tradeweb Markets, Inc., Class A | 121,541 | 12,861,469 |
Visa, Inc., Class A | 1,696,309 | 479,444,776 |
WEX, Inc. * | 43,764 | 9,616,264 |
1,651,284,273 | ||
Food, Beverage & Tobacco 0.4% | ||
Celsius Holdings, Inc. * | 156,771 | 12,795,649 |
Constellation Brands, Inc., Class A | 170,830 | 42,454,672 |
Monster Beverage Corp. * | 788,825 | 46,619,557 |
101,869,878 | ||
Health Care Equipment & Services 5.2% | ||
agilon health, Inc. * | 311,035 | 1,906,645 |
Align Technology, Inc. * | 75,977 | 22,976,964 |
Centene Corp. * | 568,797 | 44,610,749 |
Chemed Corp. | 15,487 | 9,696,875 |
Cigna Group | 311,067 | 104,562,061 |
Cooper Cos., Inc. | 209,848 | 19,641,773 |
Dexcom, Inc. * | 410,595 | 47,247,167 |
Edwards Lifesciences Corp. * | 649,390 | 55,113,729 |
Elevance Health, Inc. | 249,530 | 125,076,913 |
Humana, Inc. | 131,059 | 45,912,589 |
IDEXX Laboratories, Inc. * | 88,215 | 50,743,914 |
Insulet Corp. * | 73,716 | 12,089,424 |
Intuitive Surgical, Inc. * | 374,389 | 144,364,398 |
Masimo Corp. * | 47,349 | 6,086,240 |
McKesson Corp. | 141,808 | 73,940,109 |
Molina Healthcare, Inc. * | 61,415 | 24,191,983 |
Penumbra, Inc. * | 40,755 | 9,574,165 |
R1 RCM, Inc. * | 193,900 | 2,724,295 |
ResMed, Inc. | 155,754 | 27,057,585 |
Shockwave Medical, Inc. * | 38,610 | 10,072,191 |
Teleflex, Inc. | 49,392 | 11,004,044 |
UnitedHealth Group, Inc. | 983,607 | 485,508,415 |
Veeva Systems, Inc., Class A * | 154,442 | 34,828,215 |
1,368,930,443 | ||
Insurance 0.7% | ||
Everest Group Ltd. | 45,906 | 16,933,805 |
Kinsale Capital Group, Inc. | 23,089 | 11,918,080 |
Markel Group, Inc. * | 13,889 | 20,729,055 |
Progressive Corp. | 622,296 | 117,962,430 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
RenaissanceRe Holdings Ltd. | 55,470 | 12,470,765 |
180,014,135 | ||
Materials 1.8% | ||
Albemarle Corp. | 124,972 | 17,227,390 |
Cleveland-Cliffs, Inc. * | 536,953 | 11,168,622 |
Corteva, Inc. | 741,078 | 39,662,495 |
Linde PLC | 516,295 | 231,723,522 |
Martin Marietta Materials, Inc. | 65,601 | 37,898,354 |
Sherwin-Williams Co. | 250,565 | 83,195,097 |
Vulcan Materials Co. | 143,426 | 38,129,802 |
Westlake Corp. | 36,180 | 5,018,528 |
464,023,810 | ||
Media & Entertainment 12.5% | ||
Alphabet, Inc., Class A * | 6,272,045 | 868,427,351 |
Alphabet, Inc., Class C * | 5,275,921 | 737,468,237 |
Charter Communications, Inc., Class A * | 106,963 | 31,439,635 |
Liberty Broadband Corp., Class C * | 137,998 | 8,304,720 |
Live Nation Entertainment, Inc. * | 153,621 | 14,898,165 |
Meta Platforms, Inc., Class A | 2,361,725 | 1,157,552,274 |
Netflix, Inc. * | 465,555 | 280,692,421 |
Pinterest, Inc., Class A * | 662,078 | 24,298,263 |
ROBLOX Corp., Class A * | 517,229 | 20,637,437 |
Roku, Inc. * | 131,419 | 8,303,052 |
Snap, Inc., Class A * | 1,125,948 | 12,407,947 |
Take-Two Interactive Software, Inc. * | 173,897 | 25,550,686 |
Trade Desk, Inc., Class A * | 475,578 | 40,628,628 |
Warner Bros Discovery, Inc. * | 2,337,934 | 20,550,440 |
ZoomInfo Technologies, Inc. * | 345,645 | 5,793,010 |
3,256,952,266 | ||
Pharmaceuticals, Biotechnology & Life Sciences 6.8% | ||
Alnylam Pharmaceuticals, Inc. * | 132,959 | 20,088,775 |
Avantor, Inc. * | 719,165 | 17,720,226 |
BioMarin Pharmaceutical, Inc. * | 199,497 | 17,212,601 |
Bio-Rad Laboratories, Inc., Class A * | 22,116 | 7,207,162 |
Bio-Techne Corp. | 167,526 | 12,324,888 |
Catalent, Inc. * | 191,826 | 10,999,303 |
Charles River Laboratories International, Inc. * | 54,039 | 13,736,173 |
Danaher Corp. | 700,485 | 177,320,773 |
Eli Lilly & Co. | 848,008 | 639,126,669 |
Exact Sciences Corp. * | 192,858 | 11,095,121 |
Illumina, Inc. * | 168,985 | 23,629,172 |
Incyte Corp. * | 195,867 | 11,430,798 |
IQVIA Holdings, Inc. * | 193,074 | 47,720,170 |
Jazz Pharmaceuticals PLC * | 65,716 | 7,813,632 |
Karuna Therapeutics, Inc. * | 37,979 | 11,924,267 |
Medpace Holdings, Inc. * | 24,733 | 9,831,862 |
Mettler-Toledo International, Inc. * | 23,210 | 28,947,976 |
Moderna, Inc. * | 350,702 | 32,348,752 |
Neurocrine Biosciences, Inc. * | 104,839 | 13,671,006 |
Regeneron Pharmaceuticals, Inc. * | 114,167 | 110,295,597 |
Repligen Corp. * | 54,910 | 10,651,991 |
Revvity, Inc. | 132,779 | 14,551,251 |
Roivant Sciences Ltd. * | 344,874 | 3,945,359 |
Sarepta Therapeutics, Inc. * | 99,263 | 12,695,738 |
Thermo Fisher Scientific, Inc. | 410,564 | 234,095,381 |
Vertex Pharmaceuticals, Inc. * | 274,320 | 115,417,397 |
Waters Corp. * | 62,095 | 20,952,095 |
West Pharmaceutical Services, Inc. | 78,472 | 28,121,226 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Zoetis, Inc. | 488,202 | 96,825,103 |
1,761,700,464 | ||
Real Estate Management & Development 0.1% | ||
CoStar Group, Inc. * | 433,783 | 37,752,135 |
Semiconductors & Semiconductor Equipment 13.1% | ||
Advanced Micro Devices, Inc. * | 1,716,964 | 330,567,079 |
Broadcom, Inc. | 466,982 | 607,305,421 |
Enphase Energy, Inc. * | 144,347 | 18,333,512 |
First Solar, Inc. * | 116,485 | 17,925,877 |
KLA Corp. | 145,206 | 99,074,054 |
Lam Research Corp. | 140,854 | 132,156,265 |
Marvell Technology, Inc. | 918,228 | 65,800,218 |
Monolithic Power Systems, Inc. | 50,938 | 36,677,398 |
NVIDIA Corp. | 2,622,266 | 2,074,527,078 |
Qorvo, Inc. * | 107,183 | 12,277,813 |
SolarEdge Technologies, Inc. * | 60,156 | 4,040,679 |
Universal Display Corp. | 46,763 | 8,156,402 |
3,406,841,796 | ||
Software & Services 21.9% | ||
Accenture PLC, Class A | 669,726 | 250,999,910 |
Adobe, Inc. * | 484,390 | 271,394,029 |
ANSYS, Inc. * | 92,830 | 31,021,001 |
AppLovin Corp., Class A * | 141,709 | 8,462,862 |
Atlassian Corp., Class A * | 164,095 | 34,036,585 |
Autodesk, Inc. * | 227,120 | 58,635,570 |
Bill Holdings, Inc. * | 102,104 | 6,466,246 |
Cadence Design Systems, Inc. * | 291,709 | 88,790,385 |
Cloudflare, Inc., Class A * | 316,315 | 31,169,680 |
Crowdstrike Holdings, Inc., Class A * | 239,874 | 77,755,157 |
Datadog, Inc., Class A * | 320,309 | 42,107,821 |
DocuSign, Inc. * | 216,248 | 11,519,531 |
Dynatrace, Inc. * | 252,689 | 12,520,740 |
Elastic NV * | 84,314 | 11,282,056 |
EPAM Systems, Inc. * | 61,427 | 18,698,379 |
Fair Isaac Corp. * | 26,283 | 33,377,045 |
Five9, Inc. * | 75,567 | 4,609,587 |
Fortinet, Inc. * | 698,906 | 48,301,394 |
Gartner, Inc. * | 83,266 | 38,765,319 |
GoDaddy, Inc., Class A * | 148,338 | 16,932,783 |
HubSpot, Inc. * | 53,062 | 32,835,296 |
Intuit, Inc. | 298,829 | 198,090,756 |
Microsoft Corp. | 7,894,016 | 3,265,280,778 |
MongoDB, Inc. * | 75,716 | 33,888,967 |
Okta, Inc. * | 165,234 | 17,729,608 |
Palantir Technologies, Inc., Class A * | 2,044,950 | 51,287,346 |
Palo Alto Networks, Inc. * | 330,201 | 102,543,921 |
Procore Technologies, Inc. * | 92,607 | 7,226,124 |
PTC, Inc. * | 125,021 | 22,880,093 |
Roper Technologies, Inc. | 113,479 | 61,815,416 |
Salesforce, Inc. * | 1,035,511 | 319,786,507 |
ServiceNow, Inc. * | 218,176 | 168,287,876 |
Snowflake, Inc., Class A * | 349,352 | 65,775,995 |
Splunk, Inc. * | 164,303 | 25,667,415 |
Synopsys, Inc. * | 161,552 | 92,687,229 |
Twilio, Inc., Class A * | 191,153 | 11,390,807 |
Tyler Technologies, Inc. * | 44,319 | 19,373,608 |
UiPath, Inc., Class A * | 432,784 | 10,278,620 |
Unity Software, Inc. * | 251,970 | 7,387,760 |
Workday, Inc., Class A * | 219,458 | 64,665,494 |
Zoom Video Communications, Inc., Class A * | 269,213 | 19,041,436 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Zscaler, Inc. * | 93,460 | 22,614,516 |
5,717,381,648 | ||
Technology Hardware & Equipment 11.5% | ||
Apple, Inc. | 15,526,214 | 2,806,363,181 |
Arista Networks, Inc. * | 269,069 | 74,677,410 |
Dell Technologies, Inc., Class C | 277,509 | 26,269,002 |
Pure Storage, Inc., Class A * | 342,320 | 18,023,148 |
Super Micro Computer, Inc. * | 49,351 | 42,743,888 |
Teledyne Technologies, Inc. * | 50,471 | 21,564,744 |
Ubiquiti, Inc. | 2,820 | 330,448 |
Zebra Technologies Corp., Class A * | 54,967 | 15,362,177 |
3,005,333,998 | ||
Telecommunication Services 0.3% | ||
T-Mobile U.S., Inc. | 541,427 | 88,415,029 |
Transportation 0.3% | ||
JB Hunt Transport Services, Inc. | 86,614 | 17,869,334 |
Old Dominion Freight Line, Inc. | 96,060 | 42,504,629 |
Saia, Inc. * | 28,690 | 16,508,226 |
76,882,189 | ||
Utilities 0.2% | ||
Constellation Energy Corp. | 341,126 | 57,462,675 |
Total Common Stocks (Cost $14,688,834,585) | 26,094,840,875 |
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) | 24,637,095 | 24,637,095 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (b)(c) | 8,780,925 | 8,780,925 |
33,418,020 | ||
Total Short-Term Investments (Cost $33,418,020) | 33,418,020 | |
Total Investments in Securities (Cost $14,722,252,605) | 26,128,258,895 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
Russell 1000 Growth Index, e-mini, expires 03/15/24 | 78 | 13,048,230 | 142,553 |
S&P 500 Index, e-mini, expires 03/15/24 | 15 | 3,827,813 | 174,121 |
316,674 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $8,536,647. |
(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 | $26,094,840,875 | $— | $— | $26,094,840,875 |
Short-Term Investments1 | 33,418,020 | — | — | 33,418,020 |
Futures Contracts2 | 316,674 | — | — | 316,674 |
Total | $26,128,575,569 | $— | $— | $26,128,575,569 |
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 $14,722,252,605) including securities on loan of $8,536,647 | $26,128,258,895 | |
Deposit with broker for futures contracts | 1,672,999 | |
Receivables: | ||
Fund shares sold | 72,491,210 | |
Dividends | 11,900,185 | |
Variation margin on future contracts | 107,543 | |
Income from securities on loan | + | 10,331 |
Total assets | 26,214,441,163 | |
Liabilities | ||
Collateral held for securities on loan | 8,780,925 | |
Payables: | ||
Investments bought | 89,922,867 | |
Management fees | + | 800,528 |
Total liabilities | 99,504,320 | |
Net assets | $26,114,936,843 | |
Net Assets by Source | ||
Capital received from investors | $15,357,115,378 | |
Total distributable earnings | + | 10,757,821,465 |
Net assets | $26,114,936,843 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$26,114,936,843 | 286,700,000 | $91.09 | ||
For the period September 1, 2023 through February 29, 2024; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated | $63,973,031 | |
Interest received from securities - unaffiliated | 59,752 | |
Securities on loan, net | + | 31,530 |
Total investment income | 64,064,313 | |
Expenses | ||
Management fees | 4,300,755 | |
Total expenses | – | 4,300,755 |
Net investment income | 59,763,558 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated | (47,033,984 ) | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 179,612,679 | |
Net realized gains on futures contracts | + | 3,781,481 |
Net realized gains | 136,360,176 | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 3,825,031,941 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | (326,112 ) |
Net change in unrealized appreciation (depreciation) | + | 3,824,705,829 |
Net realized and unrealized gains | 3,961,066,005 | |
Increase in net assets resulting from operations | $4,020,829,563 |
OPERATIONS | |||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||
Net investment income | $59,763,558 | $86,324,761 | |
Net realized gains | 136,360,176 | 50,808,515 | |
Net change in unrealized appreciation (depreciation) | + | 3,824,705,829 | 3,739,789,205 |
Increase in net assets resulting from operations | $4,020,829,563 | $3,876,922,481 | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($56,578,305 ) | ($83,274,425 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 32,850,000 | $2,655,170,675 | 37,550,000 | $2,378,593,012 | |
Shares redeemed | + | (4,100,000 ) | (322,645,021 ) | (13,000,000 ) | (846,955,037 ) |
Net transactions in fund shares | 28,750,000 | $2,332,525,654 | 24,550,000 | $1,531,637,975 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 257,950,000 | $19,818,159,931 | 233,400,000 | $14,492,873,900 | |
Total increase | + | 28,750,000 | 6,296,776,912 | 24,550,000 | 5,325,286,031 |
End of period | 286,700,000 | $26,114,936,843 | 257,950,000 | $19,818,159,931 |
9/1/23– 2/29/24* | 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 | $67.61 | $64.47 | $70.68 | $53.91 | $55.14 | $56.37 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 0.87 | 1.69 | 1.51 | 1.39 | 1.93 | 1.84 |
Net realized and unrealized gains (losses) | 5.37 | 3.11 | (6.24 ) | 17.05 | (1.36 ) | (1.48 ) |
Total from investment operations | 6.24 | 4.80 | (4.73 ) | 18.44 | 0.57 | 0.36 |
Less distributions: | ||||||
Distributions from net investment income | (0.90 ) | (1.66 ) | (1.48 ) | (1.67 ) | (1.80 ) | (1.59 ) |
Net asset value at end of period | $72.95 | $67.61 | $64.47 | $70.68 | $53.91 | $55.14 |
Total return | 9.36 %2 | 7.60 % | (6.78 %) | 34.95 % | 1.21 % | 0.70 % |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.04 %3 | 0.04 %4 | 0.04 %4 | 0.04 % | 0.04 % | 0.04 % |
Net investment income (loss) | 2.61 %3 | 2.57 % | 2.19 % | 2.22 % | 3.59 % | 3.38 % |
Portfolio turnover rate5 | 4 %2 | 7 % | 8 % | 23 % | 19 % | 7 % |
Net assets, end of period (x 1,000,000) | $10,625 | $9,824 | $9,497 | $9,927 | $6,847 | $5,977 |
* | Unaudited. |
1 | Calculated based on the average shares outstanding during the period. |
2 | Not annualized. |
3 | Annualized. |
4 | Ratio includes less than 0.005% of non-routine proxy expenses. |
5 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.7% OF NET ASSETS | ||
Automobiles & Components 0.8% | ||
Aptiv PLC * | 139,967 | 11,125,977 |
Autoliv, Inc. | 37,662 | 4,369,922 |
BorgWarner, Inc. | 116,643 | 3,631,096 |
Ford Motor Co. | 1,952,533 | 24,289,510 |
General Motors Co. | 679,209 | 27,833,985 |
Gentex Corp. | 115,220 | 4,208,987 |
Lear Corp. | 29,135 | 4,001,692 |
Lucid Group, Inc. *(a) | 439,986 | 1,451,954 |
80,913,123 | ||
Banks 6.7% | ||
Bank of America Corp. | 3,417,146 | 117,959,880 |
BOK Financial Corp. | 13,422 | 1,141,004 |
Citigroup, Inc. | 950,296 | 52,731,925 |
Citizens Financial Group, Inc. | 230,877 | 7,247,229 |
Comerica, Inc. | 65,250 | 3,222,045 |
Commerce Bancshares, Inc. | 58,710 | 3,055,268 |
Cullen/Frost Bankers, Inc. | 31,796 | 3,450,184 |
East West Bancorp, Inc. | 70,058 | 5,104,426 |
Fifth Third Bancorp | 338,659 | 11,629,550 |
First Horizon Corp. | 276,984 | 3,905,474 |
Huntington Bancshares, Inc. | 719,930 | 9,387,887 |
JPMorgan Chase & Co. | 1,434,898 | 266,977,122 |
KeyCorp | 464,682 | 6,631,012 |
M&T Bank Corp. | 82,516 | 11,530,786 |
New York Community Bancorp, Inc. (a) | 357,920 | 1,714,437 |
PNC Financial Services Group, Inc. | 197,728 | 29,105,561 |
Regions Financial Corp. | 462,420 | 8,614,885 |
Truist Financial Corp. | 661,595 | 23,142,593 |
U.S. Bancorp | 772,334 | 32,407,135 |
Webster Financial Corp. | 85,826 | 4,088,751 |
Wells Fargo & Co. | 1,802,499 | 100,200,919 |
Western Alliance Bancorp | 54,301 | 3,134,797 |
Zions Bancorp NA | 72,918 | 2,875,157 |
709,258,027 | ||
Capital Goods 10.1% | ||
3M Co. | 273,955 | 25,236,735 |
A O Smith Corp. | 61,395 | 5,089,646 |
Acuity Brands, Inc. | 15,353 | 3,857,288 |
Advanced Drainage Systems, Inc. | 34,262 | 5,592,929 |
AECOM | 68,960 | 6,125,717 |
AGCO Corp. | 30,992 | 3,399,822 |
Allegion PLC | 43,697 | 5,587,535 |
AMETEK, Inc. | 114,627 | 20,653,493 |
Boeing Co. * | 282,330 | 57,516,268 |
Carrier Global Corp. | 416,543 | 23,151,460 |
Caterpillar, Inc. | 253,243 | 84,573,032 |
CNH Industrial NV | 482,648 | 5,767,644 |
Cummins, Inc. | 70,421 | 18,915,785 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Curtiss-Wright Corp. | 18,995 | 4,487,949 |
Donaldson Co., Inc. | 60,088 | 4,303,503 |
Dover Corp. | 69,292 | 11,459,511 |
Eaton Corp. PLC | 198,094 | 57,249,166 |
Emerson Electric Co. | 282,747 | 30,211,517 |
Fastenal Co. | 283,634 | 20,708,118 |
Ferguson PLC | 101,211 | 21,401,066 |
Fortive Corp. | 174,203 | 14,829,901 |
Fortune Brands Innovations, Inc. | 62,717 | 5,101,401 |
General Dynamics Corp. | 112,481 | 30,735,433 |
Graco, Inc. | 83,908 | 7,657,444 |
HEICO Corp. | 50,056 | 9,680,830 |
Honeywell International, Inc. | 327,239 | 65,032,206 |
Howmet Aerospace, Inc. | 193,897 | 12,903,845 |
Hubbell, Inc. | 26,565 | 10,112,499 |
IDEX Corp. | 37,466 | 8,838,229 |
Illinois Tool Works, Inc. | 135,903 | 35,626,971 |
Ingersoll Rand, Inc. | 200,998 | 18,357,147 |
ITT, Inc. | 40,568 | 5,117,248 |
Johnson Controls International PLC | 337,734 | 20,017,494 |
Lennox International, Inc. | 15,937 | 7,509,674 |
Lincoln Electric Holdings, Inc. | 28,316 | 7,265,886 |
Lockheed Martin Corp. | 109,624 | 46,945,382 |
Masco Corp. | 111,558 | 8,563,192 |
Middleby Corp. * | 26,752 | 4,070,584 |
Northrop Grumman Corp. | 70,359 | 32,436,906 |
nVent Electric PLC | 82,295 | 5,540,099 |
Otis Worldwide Corp. | 203,342 | 19,378,493 |
Owens Corning | 44,273 | 6,631,210 |
PACCAR, Inc. | 259,455 | 28,770,965 |
Parker-Hannifin Corp. | 63,805 | 34,164,387 |
Pentair PLC | 82,349 | 6,405,929 |
Quanta Services, Inc. | 72,066 | 17,404,660 |
Regal Rexnord Corp. | 32,721 | 5,611,324 |
Rockwell Automation, Inc. | 56,962 | 16,238,727 |
RTX Corp. | 713,699 | 63,997,389 |
Sensata Technologies Holding PLC | 75,513 | 2,599,157 |
Snap-on, Inc. | 26,245 | 7,234,697 |
Stanley Black & Decker, Inc. | 76,030 | 6,788,719 |
Textron, Inc. | 97,463 | 8,681,029 |
Toro Co. | 51,394 | 4,744,180 |
Trane Technologies PLC | 113,406 | 31,977,090 |
Watsco, Inc. | 16,785 | 6,615,304 |
Westinghouse Air Brake Technologies Corp. | 88,696 | 12,531,858 |
Woodward, Inc. | 29,967 | 4,240,031 |
Xylem, Inc. | 119,768 | 15,216,524 |
1,070,862,228 | ||
Commercial & Professional Services 2.3% | ||
Automatic Data Processing, Inc. | 204,051 | 51,243,328 |
Booz Allen Hamilton Holding Corp., Class A | 64,537 | 9,532,760 |
Broadridge Financial Solutions, Inc. | 58,446 | 11,898,437 |
Equifax, Inc. | 61,193 | 16,741,793 |
Genpact Ltd. | 82,456 | 2,803,504 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Jacobs Solutions, Inc. | 62,447 | 9,157,853 |
KBR, Inc. | 67,439 | 4,048,363 |
Leidos Holdings, Inc. | 68,078 | 8,704,453 |
Paychex, Inc. | 159,615 | 19,571,991 |
RB Global, Inc. | 90,287 | 6,853,686 |
Republic Services, Inc. | 101,627 | 18,658,717 |
Robert Half, Inc. | 53,112 | 4,270,205 |
Rollins, Inc. | 139,566 | 6,150,674 |
SS&C Technologies Holdings, Inc. | 106,782 | 6,808,420 |
TransUnion | 96,286 | 7,474,682 |
Veralto Corp. | 109,058 | 9,424,792 |
Verisk Analytics, Inc. | 71,907 | 17,394,303 |
Waste Management, Inc. | 181,958 | 37,419,663 |
248,157,624 | ||
Consumer Discretionary Distribution & Retail 4.0% | ||
Bath & Body Works, Inc. | 112,628 | 5,147,100 |
Best Buy Co., Inc. | 96,398 | 7,796,670 |
Burlington Stores, Inc. * | 32,220 | 6,608,322 |
CarMax, Inc. * | 78,604 | 6,209,716 |
Dick's Sporting Goods, Inc. | 30,412 | 5,409,991 |
eBay, Inc. | 258,259 | 12,210,486 |
GameStop Corp., Class A *(a) | 132,950 | 1,897,196 |
Genuine Parts Co. | 69,595 | 10,387,750 |
Home Depot, Inc. | 496,374 | 188,924,908 |
LKQ Corp. | 132,942 | 6,951,537 |
Lowe's Cos., Inc. | 286,466 | 68,943,772 |
Penske Automotive Group, Inc. | 9,587 | 1,471,604 |
Ross Stores, Inc. | 168,237 | 25,060,584 |
TJX Cos., Inc. | 568,018 | 56,313,304 |
Tractor Supply Co. | 53,630 | 13,639,182 |
Williams-Sonoma, Inc. | 31,785 | 7,486,321 |
424,458,443 | ||
Consumer Durables & Apparel 1.3% | ||
Garmin Ltd. | 75,854 | 10,418,547 |
Hasbro, Inc. | 64,341 | 3,235,709 |
Lennar Corp., Class A | 130,360 | 20,663,364 |
Mohawk Industries, Inc. * | 26,134 | 3,100,015 |
NIKE, Inc., Class B | 607,568 | 63,144,542 |
Polaris, Inc. | 26,523 | 2,458,947 |
PulteGroup, Inc. | 106,991 | 11,595,685 |
Tapestry, Inc. | 114,227 | 5,429,209 |
Tempur Sealy International, Inc. | 85,134 | 4,637,249 |
Toll Brothers, Inc. | 53,409 | 6,122,808 |
VF Corp. | 163,344 | 2,669,041 |
Whirlpool Corp. | 27,118 | 2,912,202 |
136,387,318 | ||
Consumer Services 2.4% | ||
ADT, Inc. | 112,992 | 820,322 |
Aramark | 128,851 | 3,908,051 |
Carnival Corp. * | 499,150 | 7,916,519 |
Darden Restaurants, Inc. | 59,577 | 10,170,390 |
Las Vegas Sands Corp. | 182,965 | 9,975,252 |
McDonald's Corp. | 360,033 | 105,230,445 |
MGM Resorts International * | 135,993 | 5,885,777 |
Norwegian Cruise Line Holdings Ltd. * | 210,775 | 4,086,927 |
Royal Caribbean Cruises Ltd. * | 117,152 | 14,450,699 |
Service Corp. International | 73,471 | 5,377,343 |
Starbucks Corp. | 566,828 | 53,791,977 |
Vail Resorts, Inc. | 19,046 | 4,386,484 |
Wyndham Hotels & Resorts, Inc. | 41,683 | 3,190,834 |
Wynn Resorts Ltd. | 47,857 | 5,034,556 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Yum! Brands, Inc. | 138,907 | 19,227,507 |
253,453,083 | ||
Consumer Staples Distribution & Retail 2.3% | ||
Albertsons Cos., Inc., Class A | 199,659 | 4,049,084 |
BJ's Wholesale Club Holdings, Inc. * | 66,519 | 4,858,548 |
Dollar General Corp. | 108,981 | 15,836,029 |
Dollar Tree, Inc. * | 103,576 | 15,192,528 |
Kroger Co. | 328,744 | 16,308,990 |
Sysco Corp. | 250,293 | 20,266,224 |
Target Corp. | 229,254 | 35,057,522 |
U.S. Foods Holding Corp. * | 112,563 | 5,717,075 |
Walgreens Boots Alliance, Inc. | 354,410 | 7,534,756 |
Walmart, Inc. | 2,124,051 | 124,490,629 |
249,311,385 | ||
Energy 6.4% | ||
Antero Resources Corp. * | 140,893 | 3,620,950 |
APA Corp. | 151,977 | 4,527,395 |
Chesapeake Energy Corp. | 55,671 | 4,608,445 |
Chevron Corp. | 871,349 | 132,453,762 |
ConocoPhillips | 589,386 | 66,329,501 |
Devon Energy Corp. | 317,972 | 14,009,846 |
Exxon Mobil Corp. | 1,988,125 | 207,798,825 |
HF Sinclair Corp. | 78,132 | 4,336,326 |
Kinder Morgan, Inc. | 961,206 | 16,715,372 |
Marathon Oil Corp. | 290,425 | 7,042,806 |
Marathon Petroleum Corp. | 188,379 | 31,879,378 |
Occidental Petroleum Corp. | 327,874 | 19,872,443 |
ONEOK, Inc. | 289,224 | 21,726,507 |
Ovintiv, Inc. | 125,956 | 6,223,486 |
Phillips 66 | 218,304 | 31,110,503 |
Pioneer Natural Resources Co. | 115,757 | 27,224,889 |
Schlumberger NV | 708,461 | 34,239,920 |
Valero Energy Corp. | 168,996 | 23,906,174 |
Williams Cos., Inc. | 603,772 | 21,699,566 |
679,326,094 | ||
Equity Real Estate Investment Trusts (REITs) 4.4% | ||
Alexandria Real Estate Equities, Inc. | 77,778 | 9,701,250 |
American Homes 4 Rent, Class A | 157,548 | 5,830,851 |
American Tower Corp. | 231,491 | 46,034,300 |
Americold Realty Trust, Inc. | 131,662 | 3,331,049 |
Apartment Income REIT Corp. | 73,382 | 2,224,942 |
AvalonBay Communities, Inc. | 70,561 | 12,491,414 |
Boston Properties, Inc. | 71,577 | 4,632,463 |
Camden Property Trust | 53,139 | 5,020,573 |
Crown Castle, Inc. | 215,364 | 23,677,118 |
CubeSmart | 111,837 | 4,877,212 |
Digital Realty Trust, Inc. | 150,284 | 22,063,194 |
EastGroup Properties, Inc. | 22,954 | 4,032,788 |
Equity LifeStyle Properties, Inc. | 92,514 | 6,228,042 |
Equity Residential | 171,715 | 10,338,960 |
Essex Property Trust, Inc. | 31,839 | 7,367,545 |
Extra Space Storage, Inc. | 104,945 | 14,794,097 |
Federal Realty Investment Trust | 36,448 | 3,675,781 |
Gaming & Leisure Properties, Inc. | 132,292 | 6,016,640 |
Healthcare Realty Trust, Inc. | 188,172 | 2,593,010 |
Healthpeak Properties, Inc. | 351,344 | 5,885,012 |
Host Hotels & Resorts, Inc. | 350,664 | 7,272,771 |
Invitation Homes, Inc. | 284,957 | 9,708,485 |
Iron Mountain, Inc. | 145,344 | 11,429,852 |
Kimco Realty Corp. | 329,198 | 6,504,953 |
Lamar Advertising Co., Class A | 43,590 | 4,818,875 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Mid-America Apartment Communities, Inc. | 57,856 | 7,271,342 |
NNN REIT, Inc. | 90,913 | 3,699,250 |
Omega Healthcare Investors, Inc. | 121,847 | 3,791,879 |
Prologis, Inc. | 458,691 | 61,129,750 |
Public Storage | 78,553 | 22,298,840 |
Realty Income Corp. | 413,028 | 21,522,889 |
Regency Centers Corp. | 81,219 | 5,031,517 |
Simon Property Group, Inc. | 161,980 | 23,995,717 |
Sun Communities, Inc. | 61,702 | 8,253,260 |
UDR, Inc. | 150,864 | 5,355,672 |
Ventas, Inc. | 199,349 | 8,430,469 |
VICI Properties, Inc. | 512,829 | 15,348,972 |
Welltower, Inc. | 275,015 | 25,345,382 |
Weyerhaeuser Co. | 361,688 | 12,434,833 |
WP Carey, Inc. | 108,633 | 6,119,297 |
470,580,246 | ||
Financial Services 9.8% | ||
AGNC Investment Corp. (a) | 331,809 | 3,172,094 |
Ally Financial, Inc. | 134,696 | 4,982,405 |
American Express Co. | 285,777 | 62,705,189 |
Ameriprise Financial, Inc. | 50,259 | 20,473,506 |
Annaly Capital Management, Inc. | 247,611 | 4,726,894 |
Apollo Global Management, Inc. | 216,884 | 24,247,631 |
ARES Management Corp., Class A | 84,053 | 11,147,949 |
Bank of New York Mellon Corp. | 381,983 | 21,425,427 |
Berkshire Hathaway, Inc., Class B * | 903,038 | 369,703,757 |
Blackstone, Inc. | 352,829 | 45,098,603 |
Capital One Financial Corp. | 189,172 | 26,031,959 |
Carlyle Group, Inc. | 107,293 | 4,919,384 |
Cboe Global Markets, Inc. | 52,349 | 10,051,008 |
Charles Schwab Corp. (b) | 736,066 | 49,154,487 |
CME Group, Inc. | 178,564 | 39,346,577 |
Corebridge Financial, Inc. | 118,998 | 2,954,720 |
Discover Financial Services | 124,141 | 14,983,819 |
Equitable Holdings, Inc. | 157,308 | 5,386,226 |
Fidelity National Information Services, Inc. | 294,474 | 20,374,656 |
Franklin Resources, Inc. | 139,492 | 3,829,055 |
Global Payments, Inc. | 129,232 | 16,761,390 |
Goldman Sachs Group, Inc. | 161,896 | 62,985,639 |
Intercontinental Exchange, Inc. | 284,279 | 39,349,899 |
Invesco Ltd. | 222,989 | 3,436,261 |
Jack Henry & Associates, Inc. | 36,216 | 6,293,254 |
Jefferies Financial Group, Inc. | 84,077 | 3,516,100 |
KKR & Co., Inc. | 329,598 | 32,386,300 |
Morgan Stanley | 627,412 | 53,982,530 |
Morningstar, Inc. | 13,044 | 3,894,808 |
Nasdaq, Inc. | 168,558 | 9,472,960 |
Northern Trust Corp. | 102,626 | 8,428,673 |
Raymond James Financial, Inc. | 93,103 | 11,202,153 |
SEI Investments Co. | 49,894 | 3,355,372 |
SoFi Technologies, Inc. *(a) | 476,851 | 4,282,122 |
Starwood Property Trust, Inc. | 146,802 | 2,993,293 |
State Street Corp. | 153,080 | 11,286,588 |
Synchrony Financial | 206,091 | 8,511,558 |
T Rowe Price Group, Inc. | 110,982 | 12,579,810 |
Voya Financial, Inc. | 52,064 | 3,559,095 |
1,042,993,151 | ||
Food, Beverage & Tobacco 5.1% | ||
Altria Group, Inc. | 878,482 | 35,938,699 |
Archer-Daniels-Midland Co. | 264,528 | 14,049,082 |
Brown-Forman Corp., Class B | 119,390 | 7,190,860 |
Bunge Global SA | 72,105 | 6,804,549 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Campbell Soup Co. | 97,674 | 4,164,819 |
Coca-Cola Co. | 1,931,272 | 115,914,945 |
Conagra Brands, Inc. | 237,268 | 6,662,485 |
Darling Ingredients, Inc. * | 79,330 | 3,356,452 |
General Mills, Inc. | 288,242 | 18,499,372 |
Hershey Co. | 74,495 | 13,999,100 |
Hormel Foods Corp. | 144,332 | 5,097,806 |
J M Smucker Co. | 52,544 | 6,314,212 |
Kellanova | 130,752 | 7,210,973 |
Keurig Dr Pepper, Inc. | 499,101 | 14,928,111 |
Kraft Heinz Co. | 396,174 | 13,977,019 |
Lamb Weston Holdings, Inc. | 71,780 | 7,336,634 |
McCormick & Co., Inc. - Non Voting Shares | 124,489 | 8,572,313 |
Molson Coors Beverage Co., Class B | 92,000 | 5,742,640 |
Mondelez International, Inc., Class A | 675,669 | 49,371,134 |
PepsiCo, Inc. | 682,387 | 112,825,867 |
Philip Morris International, Inc. | 770,527 | 69,316,609 |
Post Holdings, Inc. * | 25,076 | 2,611,916 |
Tyson Foods, Inc., Class A | 141,271 | 7,662,539 |
537,548,136 | ||
Health Care Equipment & Services 4.8% | ||
Abbott Laboratories | 861,330 | 102,188,191 |
Baxter International, Inc. | 251,426 | 10,288,352 |
Becton Dickinson & Co. | 143,913 | 33,898,707 |
Boston Scientific Corp. * | 726,749 | 48,118,051 |
Cardinal Health, Inc. | 122,393 | 13,705,568 |
Cencora, Inc. | 82,879 | 19,526,293 |
CVS Health Corp. | 637,184 | 47,387,374 |
DaVita, Inc. * | 26,864 | 3,410,922 |
DENTSPLY SIRONA, Inc. | 105,741 | 3,455,616 |
Encompass Health Corp. | 50,071 | 3,725,282 |
GE HealthCare Technologies, Inc. | 201,139 | 18,359,968 |
HCA Healthcare, Inc. | 98,350 | 30,655,695 |
Henry Schein, Inc. * | 64,688 | 4,946,691 |
Hologic, Inc. * | 121,562 | 8,971,276 |
Laboratory Corp. of America Holdings | 42,132 | 9,093,350 |
Medtronic PLC | 660,533 | 55,062,031 |
Quest Diagnostics, Inc. | 55,971 | 6,990,218 |
STERIS PLC | 49,140 | 11,445,198 |
Stryker Corp. | 167,889 | 58,605,013 |
Universal Health Services, Inc., Class B | 30,143 | 5,035,690 |
Zimmer Biomet Holdings, Inc. | 103,562 | 12,878,970 |
507,748,456 | ||
Household & Personal Products 2.8% | ||
Church & Dwight Co., Inc. | 122,493 | 12,263,999 |
Clorox Co. | 61,708 | 9,460,453 |
Colgate-Palmolive Co. | 408,600 | 35,352,072 |
Coty, Inc., Class A * | 185,423 | 2,328,913 |
Estee Lauder Cos., Inc., Class A | 115,275 | 17,127,560 |
Kenvue, Inc. | 853,988 | 16,225,772 |
Kimberly-Clark Corp. | 167,926 | 20,347,593 |
Procter & Gamble Co. | 1,169,802 | 185,928,330 |
Reynolds Consumer Products, Inc. | 27,101 | 799,480 |
299,834,172 | ||
Insurance 3.9% | ||
Aflac, Inc. | 263,887 | 21,306,236 |
Allstate Corp. | 130,006 | 20,738,557 |
American Financial Group, Inc. | 32,774 | 4,184,256 |
American International Group, Inc. | 348,356 | 25,391,669 |
Aon PLC, Class A | 99,286 | 31,373,383 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Arch Capital Group Ltd. * | 185,410 | 16,240,062 |
Arthur J Gallagher & Co. | 107,252 | 26,161,980 |
Assurant, Inc. | 26,080 | 4,732,216 |
Brown & Brown, Inc. | 116,941 | 9,847,602 |
Chubb Ltd. | 202,577 | 50,982,554 |
Cincinnati Financial Corp. | 77,703 | 8,858,142 |
CNA Financial Corp. | 13,497 | 593,193 |
Erie Indemnity Co., Class A | 12,363 | 5,030,257 |
Fidelity National Financial, Inc. | 127,839 | 6,466,097 |
Globe Life, Inc. | 42,867 | 5,441,108 |
Hartford Financial Services Group, Inc. | 149,477 | 14,325,876 |
Loews Corp. | 91,013 | 6,837,807 |
Marsh & McLennan Cos., Inc. | 244,673 | 49,490,008 |
MetLife, Inc. | 308,793 | 21,535,224 |
Old Republic International Corp. | 130,032 | 3,765,727 |
Principal Financial Group, Inc. | 109,148 | 8,825,707 |
Prudential Financial, Inc. | 179,220 | 19,533,188 |
Reinsurance Group of America, Inc. | 32,608 | 5,766,725 |
Travelers Cos., Inc. | 113,362 | 25,048,467 |
Unum Group | 90,919 | 4,495,944 |
W R Berkley Corp. | 100,946 | 8,439,086 |
Willis Towers Watson PLC | 51,306 | 13,986,529 |
419,397,600 | ||
Materials 3.0% | ||
Air Products & Chemicals, Inc. | 110,201 | 25,791,442 |
Alcoa Corp. | 88,401 | 2,405,391 |
Amcor PLC | 717,214 | 6,497,959 |
AptarGroup, Inc. | 32,650 | 4,586,019 |
Avery Dennison Corp. | 39,993 | 8,659,684 |
Axalta Coating Systems Ltd. * | 109,266 | 3,576,276 |
Ball Corp. | 156,813 | 10,039,168 |
Berry Global Group, Inc. | 58,506 | 3,405,634 |
Celanese Corp. | 49,656 | 7,546,222 |
CF Industries Holdings, Inc. | 95,176 | 7,682,607 |
Crown Holdings, Inc. | 59,889 | 4,588,695 |
Dow, Inc. | 348,383 | 19,467,642 |
DuPont de Nemours, Inc. | 213,711 | 14,786,664 |
Eastman Chemical Co. | 58,717 | 5,151,830 |
Ecolab, Inc. | 126,026 | 28,335,686 |
FMC Corp. | 61,618 | 3,474,639 |
Freeport-McMoRan, Inc. | 711,728 | 26,910,436 |
International Flavors & Fragrances, Inc. | 127,006 | 9,588,953 |
International Paper Co. | 171,463 | 6,062,932 |
LyondellBasell Industries NV, Class A | 127,311 | 12,766,747 |
Mosaic Co. | 161,647 | 5,036,921 |
Newmont Corp. | 571,970 | 17,874,063 |
Nucor Corp. | 121,935 | 23,448,100 |
Packaging Corp. of America | 44,623 | 8,085,241 |
PPG Industries, Inc. | 117,088 | 16,579,661 |
Reliance, Inc. | 28,619 | 9,192,995 |
Royal Gold, Inc. | 32,807 | 3,366,982 |
RPM International, Inc. | 63,973 | 7,379,286 |
Sealed Air Corp. | 71,347 | 2,487,870 |
Sonoco Products Co. | 48,256 | 2,735,150 |
Steel Dynamics, Inc. | 75,665 | 10,125,490 |
Westrock Co. | 126,988 | 5,751,287 |
323,387,672 | ||
Media & Entertainment 2.4% | ||
Comcast Corp., Class A | 1,993,052 | 85,402,278 |
Electronic Arts, Inc. | 121,521 | 16,949,749 |
Fox Corp., Class A | 183,255 | 5,459,167 |
Interpublic Group of Cos., Inc. | 190,867 | 5,993,224 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Liberty Media Corp.-Liberty Formula One, Class C * | 113,944 | 8,290,565 |
Liberty Media Corp.-Liberty SiriusXM, Class C * | 110,149 | 3,192,118 |
Match Group, Inc. * | 134,370 | 4,842,695 |
News Corp., Class A | 249,007 | 6,693,308 |
Omnicom Group, Inc. | 98,480 | 8,704,647 |
Paramount Global, Class B | 245,096 | 2,705,860 |
Sirius XM Holdings, Inc. (a) | 323,857 | 1,431,448 |
Walt Disney Co. | 908,197 | 101,336,621 |
251,001,680 | ||
Pharmaceuticals, Biotechnology & Life Sciences 7.7% | ||
AbbVie, Inc. | 876,316 | 154,275,432 |
Agilent Technologies, Inc. | 145,150 | 19,937,804 |
Amgen, Inc. | 265,630 | 72,737,463 |
Biogen, Inc. * | 71,974 | 15,617,638 |
Bristol-Myers Squibb Co. | 1,010,370 | 51,276,278 |
Bruker Corp. | 46,267 | 4,003,946 |
Elanco Animal Health, Inc. * | 244,579 | 3,886,360 |
Gilead Sciences, Inc. | 618,101 | 44,565,082 |
Johnson & Johnson | 1,194,789 | 192,815,049 |
Merck & Co., Inc. | 1,257,728 | 159,920,115 |
Organon & Co. | 125,851 | 2,191,066 |
Pfizer, Inc. | 2,802,434 | 74,432,647 |
Royalty Pharma PLC, Class A | 190,253 | 5,772,276 |
United Therapeutics Corp. * | 23,243 | 5,244,551 |
Viatris, Inc. | 595,185 | 7,362,438 |
814,038,145 | ||
Real Estate Management & Development 0.2% | ||
CBRE Group, Inc., Class A * | 151,324 | 13,905,162 |
Jones Lang LaSalle, Inc. * | 23,647 | 4,498,605 |
Zillow Group, Inc., Class C * | 104,652 | 5,876,210 |
24,279,977 | ||
Semiconductors & Semiconductor Equipment 5.1% | ||
Analog Devices, Inc. | 247,531 | 47,481,396 |
Applied Materials, Inc. | 415,217 | 83,716,052 |
Entegris, Inc. | 74,435 | 10,001,087 |
Intel Corp. | 2,092,505 | 90,082,340 |
Lattice Semiconductor Corp. * | 68,266 | 5,229,858 |
Microchip Technology, Inc. | 268,527 | 22,593,862 |
Micron Technology, Inc. | 544,744 | 49,359,254 |
NXP Semiconductors NV | 128,000 | 31,965,440 |
ON Semiconductor Corp. * | 213,919 | 16,882,487 |
QUALCOMM, Inc. | 552,438 | 87,169,192 |
Skyworks Solutions, Inc. | 79,339 | 8,324,248 |
Teradyne, Inc. | 75,893 | 7,861,756 |
Texas Instruments, Inc. | 450,799 | 75,432,197 |
Wolfspeed, Inc. * | 61,655 | 1,604,263 |
537,703,432 | ||
Software & Services 2.2% | ||
Akamai Technologies, Inc. * | 74,858 | 8,303,249 |
Aspen Technology, Inc. * | 13,920 | 2,698,949 |
Bentley Systems, Inc., Class B | 114,514 | 5,882,584 |
Cognizant Technology Solutions Corp., Class A | 248,668 | 19,649,745 |
Gen Digital, Inc. | 281,202 | 6,043,031 |
Guidewire Software, Inc. * | 40,714 | 4,858,809 |
International Business Machines Corp. | 453,230 | 83,861,147 |
Manhattan Associates, Inc. * | 30,635 | 7,760,765 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Oracle Corp. | 788,611 | 88,072,076 |
VeriSign, Inc. * | 43,988 | 8,590,417 |
235,720,772 | ||
Technology Hardware & Equipment 2.9% | ||
Amphenol Corp., Class A | 296,848 | 32,427,675 |
Arrow Electronics, Inc. * | 26,870 | 3,157,225 |
CDW Corp. | 66,547 | 16,384,537 |
Ciena Corp. * | 72,926 | 4,155,323 |
Cisco Systems, Inc. | 2,010,374 | 97,241,790 |
Cognex Corp. | 85,057 | 3,355,499 |
Corning, Inc. | 381,612 | 12,303,171 |
F5, Inc. * | 29,550 | 5,532,351 |
Hewlett Packard Enterprise Co. | 635,939 | 9,685,351 |
HP, Inc. | 432,348 | 12,248,419 |
Jabil, Inc. | 63,660 | 9,172,769 |
Juniper Networks, Inc. | 158,941 | 5,885,585 |
Keysight Technologies, Inc. * | 88,227 | 13,613,426 |
Motorola Solutions, Inc. | 82,425 | 27,232,396 |
NetApp, Inc. | 103,881 | 9,257,875 |
Seagate Technology Holdings PLC | 96,306 | 8,961,273 |
TD SYNNEX Corp. | 28,572 | 2,968,631 |
TE Connectivity Ltd. | 154,254 | 22,144,704 |
Trimble, Inc. * | 123,287 | 7,543,932 |
Western Digital Corp. * | 161,138 | 9,582,877 |
312,854,809 | ||
Telecommunication Services 1.4% | ||
AT&T, Inc. | 3,549,164 | 60,087,347 |
GCI Liberty, Inc. *(c) | 32 | 0 |
Liberty Global Ltd., Class C * | 175,904 | 3,263,019 |
Verizon Communications, Inc. | 2,086,598 | 83,505,652 |
146,856,018 | ||
Transportation 3.5% | ||
Alaska Air Group, Inc. * | 63,333 | 2,368,021 |
American Airlines Group, Inc. * | 325,424 | 5,102,648 |
Avis Budget Group, Inc. | 9,142 | 987,702 |
CH Robinson Worldwide, Inc. | 57,677 | 4,272,712 |
CSX Corp. | 981,168 | 37,225,514 |
Delta Air Lines, Inc. | 319,548 | 13,507,294 |
Expeditors International of Washington, Inc. | 72,197 | 8,634,761 |
FedEx Corp. | 114,735 | 28,565,573 |
Hertz Global Holdings, Inc. * | 66,348 | 520,832 |
Knight-Swift Transportation Holdings, Inc. | 79,726 | 4,491,763 |
Norfolk Southern Corp. | 112,312 | 28,457,615 |
Southwest Airlines Co. | 296,287 | 10,153,755 |
Uber Technologies, Inc. * | 1,021,391 | 81,200,584 |
U-Haul Holding Co. * | 5,274 | 339,540 |
U-Haul Holding Co., Non Voting Shares | 49,159 | 3,125,038 |
Union Pacific Corp. | 302,601 | 76,766,848 |
United Airlines Holdings, Inc. * | 162,469 | 7,390,715 |
United Parcel Service, Inc., Class B | 359,070 | 53,235,718 |
XPO, Inc. * | 57,675 | 6,939,456 |
373,286,089 | ||
Utilities 4.2% | ||
AES Corp. | 331,998 | 5,046,370 |
Alliant Energy Corp. | 126,487 | 6,039,754 |
Ameren Corp. | 130,336 | 9,278,620 |
American Electric Power Co., Inc. | 261,246 | 22,255,547 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
American Water Works Co., Inc. | 96,428 | 11,430,575 |
Atmos Energy Corp. | 73,700 | 8,321,467 |
Avangrid, Inc. | 34,627 | 1,077,939 |
CenterPoint Energy, Inc. | 312,725 | 8,599,937 |
CMS Energy Corp. | 145,013 | 8,319,396 |
Consolidated Edison, Inc. | 171,078 | 14,919,712 |
Dominion Energy, Inc. | 415,600 | 19,878,148 |
DTE Energy Co. | 102,570 | 11,113,459 |
Duke Energy Corp. | 382,249 | 35,101,926 |
Edison International | 190,543 | 12,960,735 |
Entergy Corp. | 104,753 | 10,639,762 |
Essential Utilities, Inc. | 124,770 | 4,339,501 |
Evergy, Inc. | 114,115 | 5,653,257 |
Eversource Energy | 173,110 | 10,161,557 |
Exelon Corp. | 494,576 | 17,725,604 |
FirstEnergy Corp. | 256,988 | 9,408,331 |
NextEra Energy, Inc. | 1,018,490 | 56,210,463 |
NiSource, Inc. | 205,628 | 5,358,666 |
NRG Energy, Inc. | 112,730 | 6,236,224 |
OGE Energy Corp. | 99,076 | 3,260,591 |
PG&E Corp. | 1,057,778 | 17,654,315 |
Pinnacle West Capital Corp. | 56,437 | 3,856,340 |
PPL Corp. | 365,095 | 9,627,555 |
Public Service Enterprise Group, Inc. | 247,608 | 15,450,739 |
Sempra | 312,158 | 22,038,355 |
Southern Co. | 541,402 | 36,409,284 |
UGI Corp. | 103,402 | 2,531,281 |
Vistra Corp. | 167,359 | 9,127,760 |
WEC Energy Group, Inc. | 156,462 | 12,280,702 |
Xcel Energy, Inc. | 274,271 | 14,451,339 |
446,765,211 | ||
Total Common Stocks (Cost $8,322,405,389) | 10,596,122,891 |
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% (d) | 4,500,475 | 4,500,475 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (d)(e) | 11,446,979 | 11,446,979 |
15,947,454 | ||
Total Short-Term Investments (Cost $15,947,454) | 15,947,454 | |
Total Investments in Securities (Cost $8,338,352,843) | 10,612,070,345 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
Russell 1000 Value Index, e-mini, expires 03/15/24 | 308 | 25,982,880 | 514,136 |
S&P 500 Index, e-mini, expires 03/15/24 | 10 | 2,551,875 | 205,777 |
719,913 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $11,125,852. |
(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 8/31/23 | PURCHASES | SALES | REALIZED GAINS (LOSSES) | NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) | VALUE AT 2/29/24 | BALANCE OF SHARES HELD AT 2/29/24 | DIVIDENDS RECEIVED |
COMMON STOCKS 0.5% OF NET ASSETS | ||||||||
Financial Services 0.5% | ||||||||
Charles Schwab Corp. | $43,197,363 | $2,276,580 | ($2,010,734 ) | $286,692 | $5,404,586 | $49,154,487 | 736,066 | $372,404 |
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 | $10,449,266,873 | $— | $— | $10,449,266,873 |
Telecommunication Services | 146,856,018 | — | 0 * | 146,856,018 |
Short-Term Investments1 | 15,947,454 | — | — | 15,947,454 |
Futures Contracts2 | 719,913 | — | — | 719,913 |
Total | $10,612,790,258 | $— | $0 | $10,612,790,258 |
* | Level 3 amount shown includes securities determined to have no value at February 29, 2024. |
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 $37,838,218) | $49,154,487 | |
Investments in securities, at value - unaffiliated (cost $8,300,514,625) including securities on loan of $11,125,852 | 10,562,915,858 | |
Deposit with broker for futures contracts | 1,480,800 | |
Receivables: | ||
Investments sold | 39,596,256 | |
Dividends | 25,208,530 | |
Variation margin on future contracts | 97,630 | |
Income from securities on loan | 56,587 | |
Foreign tax reclaims | + | 17,108 |
Total assets | 10,678,527,256 | |
Liabilities | ||
Collateral held for securities on loan | 11,446,979 | |
Payables: | ||
Fund shares redeemed | 39,997,007 | |
Investments bought | 1,342,577 | |
Management fees | + | 335,766 |
Total liabilities | 53,122,329 | |
Net assets | $10,625,404,927 | |
Net Assets by Source | ||
Capital received from investors | $8,810,752,566 | |
Total distributable earnings | + | 1,814,652,361 |
Net assets | $10,625,404,927 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$10,625,404,927 | 145,650,000 | $72.95 | ||
For the period September 1, 2023 through February 29, 2024; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $53,850) | $129,047,343 | |
Dividends received from securities - affiliated | 372,404 | |
Interest received from securities - unaffiliated | 41,612 | |
Securities on loan, net | + | 304,314 |
Total investment income | 129,765,673 | |
Expenses | ||
Management fees | 1,972,731 | |
Total expenses | – | 1,972,731 |
Net investment income | 127,792,942 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - affiliated | (197,032 ) | |
Net realized losses on sales of securities - unaffiliated | (32,160,756 ) | |
Net realized gains on sales of in-kind redemptions - affiliated | 483,724 | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 119,143,695 | |
Net realized gains on futures contracts | + | 264,484 |
Net realized gains | 87,534,115 | |
Net change in unrealized appreciation (depreciation) on securities - affiliated | 5,404,586 | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 706,986,573 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 674,806 |
Net change in unrealized appreciation (depreciation) | + | 713,065,965 |
Net realized and unrealized gains | 800,600,080 | |
Increase in net assets resulting from operations | $928,393,022 |
OPERATIONS | |||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||
Net investment income | $127,792,942 | $250,248,746 | |
Net realized gains | 87,534,115 | 309,793,152 | |
Net change in unrealized appreciation (depreciation) | + | 713,065,965 | 144,453,042 |
Increase in net assets resulting from operations | $928,393,022 | $704,494,940 | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($131,876,640 ) | ($245,578,070 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 5,200,000 | $346,857,339 | 14,500,000 | $936,764,004 | |
Shares redeemed | + | (4,850,000 ) | (342,363,481 ) | (16,500,000 ) | (1,068,302,839 ) |
Net transactions in fund shares | 350,000 | $4,493,858 | (2,000,000 ) | ($131,538,835 ) | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 145,300,000 | $9,824,394,687 | 147,300,000 | $9,497,016,652 | |
Total increase (decrease) | + | 350,000 | 801,010,240 | (2,000,000 ) | 327,378,035 |
End of period | 145,650,000 | $10,625,404,927 | 145,300,000 | $9,824,394,687 |
9/1/23– 2/29/24* | 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 | $71.72 | $67.29 | $80.01 | $57.45 | $55.72 | $58.44 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 0.59 | 1.16 | 1.05 | 0.93 | 0.87 | 0.84 |
Net realized and unrealized gains (losses) | 6.30 | 4.43 | (12.66 ) | 22.43 | 1.76 | (2.76 ) |
Total from investment operations | 6.89 | 5.59 | (11.61 ) | 23.36 | 2.63 | (1.92 ) |
Less distributions: | ||||||
Distributions from net investment income | (0.60 ) | (1.16 ) | (1.11 ) | (0.80 ) | (0.90 ) | (0.80 ) |
Net asset value at end of period | $78.01 | $71.72 | $67.29 | $80.01 | $57.45 | $55.72 |
Total return | 9.71 %2 | 8.45 % | (14.62 %) | 40.98 % | 4.90 % | (3.24 %) |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.04 %3 | 0.04 %4 | 0.04 %4 | 0.04 % | 0.04 % | 0.04 %5 |
Net investment income (loss) | 1.69 %3 | 1.71 % | 1.43 % | 1.31 % | 1.61 % | 1.52 % |
Portfolio turnover rate6 | 12 %2 | 18 % | 16 % | 23 % | 19 % | 19 % |
Net assets, end of period (x 1,000,000) | $11,174 | $9,976 | $9,195 | $9,986 | $6,678 | $6,255 |
* | Unaudited. |
1 | Calculated based on the average shares outstanding during the period. |
2 | Not annualized. |
3 | Annualized. |
4 | Ratio includes less than 0.005% of non-routine proxy expenses. |
5 | Effective March 11, 2019, the annual operating expense ratio was reduced. The ratio presented for the period ended August 31, 2019, is a blended ratio. |
6 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.9% OF NET ASSETS | ||
Automobiles & Components 1.1% | ||
Autoliv, Inc. | 204,411 | 23,717,808 |
BorgWarner, Inc. | 642,673 | 20,006,411 |
Gentex Corp. | 636,290 | 23,243,674 |
Harley-Davidson, Inc. | 345,727 | 12,539,518 |
Lear Corp. | 158,899 | 21,824,778 |
Thor Industries, Inc. | 145,419 | 18,639,807 |
119,971,996 | ||
Banks 3.0% | ||
Bank OZK | 287,167 | 12,577,915 |
BOK Financial Corp. | 75,465 | 6,415,280 |
Comerica, Inc. | 359,737 | 17,763,813 |
Commerce Bancshares, Inc. | 323,973 | 16,859,555 |
Cullen/Frost Bankers, Inc. | 174,826 | 18,970,369 |
East West Bancorp, Inc. | 384,388 | 28,006,510 |
First Financial Bankshares, Inc. | 351,174 | 10,865,324 |
First Horizon Corp. | 1,523,503 | 21,481,392 |
Glacier Bancorp, Inc. | 302,837 | 11,332,161 |
KeyCorp | 2,557,496 | 36,495,468 |
New York Community Bancorp, Inc. (a) | 1,970,274 | 9,437,612 |
Pinnacle Financial Partners, Inc. | 209,511 | 17,330,750 |
Popular, Inc. | 196,672 | 16,457,513 |
Prosperity Bancshares, Inc. | 255,783 | 15,963,417 |
SouthState Corp. | 207,393 | 17,429,308 |
Synovus Financial Corp. | 398,741 | 15,128,233 |
TFS Financial Corp. | 138,667 | 1,768,004 |
Valley National Bancorp | 1,166,848 | 9,556,485 |
Webster Financial Corp. | 470,066 | 22,393,944 |
Western Alliance Bancorp | 298,679 | 17,242,739 |
Zions Bancorp NA | 404,201 | 15,937,645 |
339,413,437 | ||
Capital Goods 14.9% | ||
A O Smith Corp. | 335,045 | 27,775,231 |
AAON, Inc. | 184,286 | 15,476,338 |
Acuity Brands, Inc. | 84,404 | 21,205,661 |
Advanced Drainage Systems, Inc. | 187,024 | 30,529,798 |
AECOM | 378,649 | 33,635,391 |
AGCO Corp. | 169,551 | 18,599,745 |
Air Lease Corp. | 281,968 | 11,306,917 |
Allegion PLC | 239,581 | 30,635,223 |
API Group Corp. * | 559,315 | 19,603,991 |
Applied Industrial Technologies, Inc. | 105,890 | 20,107,452 |
Atkore, Inc. | 103,181 | 17,478,861 |
Axon Enterprise, Inc. * | 192,324 | 59,114,628 |
BWX Technologies, Inc. | 249,535 | 25,160,614 |
Carlisle Cos., Inc. | 132,808 | 46,482,800 |
Chart Industries, Inc. * | 114,669 | 16,381,613 |
Comfort Systems USA, Inc. | 97,488 | 29,805,006 |
Core & Main, Inc., Class A * | 458,198 | 21,869,791 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Crane Co. | 133,133 | 16,183,648 |
Curtiss-Wright Corp. | 104,317 | 24,646,978 |
Donaldson Co., Inc. | 329,498 | 23,598,647 |
EMCOR Group, Inc. | 128,302 | 40,225,243 |
Flowserve Corp. | 357,860 | 15,144,635 |
Fortune Brands Innovations, Inc. | 344,264 | 28,002,434 |
Generac Holdings, Inc. * | 167,604 | 18,857,126 |
Graco, Inc. | 460,981 | 42,069,126 |
Hexcel Corp. | 229,578 | 17,094,378 |
Hubbell, Inc. | 146,432 | 55,742,269 |
Huntington Ingalls Industries, Inc. | 108,333 | 31,592,069 |
IDEX Corp. | 206,491 | 48,711,227 |
ITT, Inc. | 224,151 | 28,274,407 |
Lennox International, Inc. | 87,358 | 41,163,963 |
Leonardo DRS, Inc. * | 192,609 | 4,374,150 |
Lincoln Electric Holdings, Inc. | 156,229 | 40,088,361 |
Masco Corp. | 613,059 | 47,058,409 |
MasTec, Inc. * | 164,977 | 12,449,164 |
MDU Resources Group, Inc. | 556,207 | 12,058,568 |
Middleby Corp. * | 146,390 | 22,274,702 |
Nordson Corp. | 147,929 | 39,297,339 |
nVent Electric PLC | 453,095 | 30,502,355 |
Oshkosh Corp. | 178,642 | 19,804,252 |
Owens Corning | 242,400 | 36,306,672 |
Pentair PLC | 450,852 | 35,071,777 |
Plug Power, Inc. *(a) | 1,483,837 | 5,237,945 |
RBC Bearings, Inc. * | 79,386 | 21,658,882 |
Regal Rexnord Corp. | 181,017 | 31,042,605 |
Sensata Technologies Holding PLC | 413,162 | 14,221,036 |
Simpson Manufacturing Co., Inc. | 116,616 | 24,335,427 |
SiteOne Landscape Supply, Inc. * | 122,993 | 20,721,861 |
Snap-on, Inc. | 144,158 | 39,738,594 |
Textron, Inc. | 534,716 | 47,627,154 |
Timken Co. | 177,189 | 14,882,104 |
Toro Co. | 283,224 | 26,144,407 |
Trex Co., Inc. * | 296,558 | 27,212,162 |
UFP Industries, Inc. | 168,630 | 19,330,057 |
Valmont Industries, Inc. | 56,948 | 12,068,990 |
Vertiv Holdings Co. | 958,037 | 64,782,462 |
Watsco, Inc. | 92,511 | 36,460,435 |
WESCO International, Inc. | 119,744 | 17,900,531 |
WillScot Mobile Mini Holdings Corp. * | 523,111 | 24,978,550 |
Woodward, Inc. | 164,859 | 23,325,900 |
Zurn Elkay Water Solutions Corp. | 387,270 | 12,295,823 |
1,659,725,884 | ||
Commercial & Professional Services 4.4% | ||
ASGN, Inc. * | 129,118 | 12,824,000 |
Booz Allen Hamilton Holding Corp., Class A | 355,991 | 52,583,431 |
CACI International, Inc., Class A * | 60,761 | 22,776,261 |
Clarivate PLC * | 1,175,301 | 8,438,661 |
Clean Harbors, Inc. * | 137,551 | 25,048,037 |
Concentrix Corp. | 129,430 | 9,377,203 |
Dayforce, Inc. * | 425,429 | 29,677,927 |
Dun & Bradstreet Holdings, Inc. | 634,971 | 6,692,594 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
ExlService Holdings, Inc. * | 451,007 | 14,035,338 |
FTI Consulting, Inc. * | 96,864 | 20,039,224 |
Genpact Ltd. | 455,611 | 15,490,774 |
KBR, Inc. | 368,091 | 22,096,503 |
Leidos Holdings, Inc. | 375,476 | 48,008,361 |
ManpowerGroup, Inc. | 133,049 | 9,600,816 |
Maximus, Inc. | 165,817 | 13,872,250 |
MSA Safety, Inc. | 100,864 | 18,574,106 |
Parsons Corp. * | 112,022 | 9,030,093 |
Paylocity Holding Corp. * | 118,057 | 19,905,591 |
RB Global, Inc. | 498,112 | 37,811,682 |
Robert Half, Inc. | 288,894 | 23,227,078 |
Science Applications International Corp. | 144,393 | 20,209,244 |
Stericycle, Inc. * | 252,535 | 13,735,379 |
Tetra Tech, Inc. | 145,256 | 25,756,794 |
TriNet Group, Inc. * | 85,290 | 10,917,973 |
489,729,320 | ||
Consumer Discretionary Distribution & Retail 4.1% | ||
Advance Auto Parts, Inc. | 162,585 | 10,980,991 |
AutoNation, Inc. * | 70,636 | 10,581,273 |
Bath & Body Works, Inc. | 620,770 | 28,369,189 |
Burlington Stores, Inc. * | 177,047 | 36,312,340 |
Dick's Sporting Goods, Inc. | 167,607 | 29,815,609 |
Etsy, Inc. * | 326,610 | 23,414,671 |
Five Below, Inc. * | 152,036 | 30,510,584 |
Floor & Decor Holdings, Inc., Class A * | 291,161 | 35,265,420 |
GameStop Corp., Class A *(a) | 731,859 | 10,443,628 |
Gap, Inc. | 586,502 | 11,108,348 |
Lithia Motors, Inc. | 75,059 | 22,447,145 |
LKQ Corp. | 730,134 | 38,178,707 |
Murphy USA, Inc. | 52,804 | 22,019,796 |
Ollie's Bargain Outlet Holdings, Inc. * | 168,629 | 13,518,987 |
Penske Automotive Group, Inc. | 53,137 | 8,156,530 |
Pool Corp. | 105,628 | 42,052,619 |
RH * | 42,186 | 11,575,838 |
Valvoline, Inc. * | 378,781 | 16,151,222 |
Wayfair, Inc., Class A * | 251,979 | 15,017,948 |
Williams-Sonoma, Inc. | 175,199 | 41,264,620 |
457,185,465 | ||
Consumer Durables & Apparel 4.0% | ||
Brunswick Corp. | 187,549 | 16,391,783 |
Capri Holdings Ltd. * | 317,110 | 14,628,284 |
Columbia Sportswear Co. | 94,459 | 7,810,815 |
Crocs, Inc. * | 165,317 | 20,210,003 |
Deckers Outdoor Corp. * | 70,238 | 62,904,450 |
Hasbro, Inc. | 355,944 | 17,900,424 |
Leggett & Platt, Inc. | 364,605 | 7,445,234 |
Mattel, Inc. * | 962,924 | 18,969,603 |
Meritage Homes Corp. | 100,340 | 15,819,604 |
Mohawk Industries, Inc. * | 144,340 | 17,121,611 |
Newell Brands, Inc. | 1,038,043 | 7,785,323 |
Polaris, Inc. | 145,013 | 13,444,155 |
PVH Corp. | 164,803 | 22,523,626 |
Ralph Lauren Corp. | 108,477 | 20,168,044 |
Skechers USA, Inc., Class A * | 365,046 | 22,563,493 |
Tapestry, Inc. | 625,182 | 29,714,900 |
Tempur Sealy International, Inc. | 470,211 | 25,612,393 |
Toll Brothers, Inc. | 293,434 | 33,639,274 |
TopBuild Corp. * | 86,737 | 34,901,234 |
VF Corp. | 901,690 | 14,733,615 |
Whirlpool Corp. | 149,715 | 16,077,894 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
YETI Holdings, Inc. * | 236,856 | 9,720,570 |
450,086,332 | ||
Consumer Services 4.2% | ||
ADT, Inc. | 611,303 | 4,438,060 |
Aramark | 712,128 | 21,598,842 |
Boyd Gaming Corp. | 189,869 | 12,556,037 |
Bright Horizons Family Solutions, Inc. * | 158,181 | 18,168,670 |
Caesars Entertainment, Inc. * | 588,493 | 25,581,791 |
Cava Group, Inc. * | 40,681 | 2,376,177 |
Choice Hotels International, Inc. | 68,185 | 7,632,629 |
Churchill Downs, Inc. | 185,139 | 22,562,890 |
DraftKings, Inc., Class A * | 1,272,987 | 55,145,797 |
H&R Block, Inc. | 392,676 | 19,221,490 |
Hyatt Hotels Corp., Class A | 120,779 | 18,550,447 |
Light & Wonder, Inc. * | 245,903 | 24,715,710 |
Marriott Vacations Worldwide Corp. | 90,177 | 8,403,595 |
MGM Resorts International * | 745,339 | 32,258,272 |
Norwegian Cruise Line Holdings Ltd. * | 1,160,126 | 22,494,843 |
Planet Fitness, Inc., Class A * | 233,203 | 14,470,246 |
Service Corp. International | 403,436 | 29,527,481 |
Texas Roadhouse, Inc. | 182,423 | 27,248,523 |
Vail Resorts, Inc. | 103,887 | 23,926,215 |
Wendy's Co. | 455,118 | 8,242,187 |
Wingstop, Inc. | 80,230 | 28,164,741 |
Wyndham Hotels & Resorts, Inc. | 226,486 | 17,337,503 |
Wynn Resorts Ltd. | 261,848 | 27,546,410 |
472,168,556 | ||
Consumer Staples Distribution & Retail 1.3% | ||
Albertsons Cos., Inc., Class A | 1,101,042 | 22,329,132 |
BJ's Wholesale Club Holdings, Inc. * | 365,058 | 26,663,836 |
Casey's General Stores, Inc. | 101,828 | 31,005,608 |
Performance Food Group Co. * | 424,618 | 32,597,924 |
U.S. Foods Holding Corp. * | 616,924 | 31,333,570 |
143,930,070 | ||
Energy 4.4% | ||
Antero Midstream Corp. | 930,302 | 12,466,047 |
Antero Resources Corp. * | 770,540 | 19,802,878 |
APA Corp. | 836,584 | 24,921,837 |
ChampionX Corp. | 531,792 | 16,517,460 |
Chesapeake Energy Corp. | 304,168 | 25,179,027 |
Chord Energy Corp. | 112,597 | 18,291,383 |
Civitas Resources, Inc. | 233,003 | 16,002,646 |
EQT Corp. | 1,122,069 | 41,684,863 |
HF Sinclair Corp. | 427,097 | 23,703,884 |
Marathon Oil Corp. | 1,596,514 | 38,715,464 |
Matador Resources Co. | 302,443 | 19,099,275 |
Murphy Oil Corp. | 400,528 | 15,888,946 |
New Fortress Energy, Inc. | 178,909 | 6,288,651 |
Noble Corp. PLC | 295,894 | 12,371,328 |
NOV, Inc. | 1,076,213 | 18,188,000 |
Ovintiv, Inc. | 692,383 | 34,210,644 |
PBF Energy, Inc., Class A | 297,174 | 13,878,026 |
Range Resources Corp. | 658,334 | 20,816,521 |
Southwestern Energy Co. * | 3,005,195 | 20,946,209 |
TechnipFMC PLC | 1,189,669 | 25,803,921 |
Texas Pacific Land Corp. | 16,984 | 26,756,933 |
Transocean Ltd. * | 1,938,684 | 9,092,428 |
Valaris Ltd. * | 171,615 | 10,820,326 |
Weatherford International PLC * | 196,774 | 20,190,980 |
491,637,677 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Equity Real Estate Investment Trusts (REITs) 6.0% | ||
Agree Realty Corp. | 274,770 | 15,098,612 |
American Homes 4 Rent, Class A | 867,479 | 32,105,398 |
Americold Realty Trust, Inc. | 726,898 | 18,390,519 |
Apartment Income REIT Corp. | 402,098 | 12,191,611 |
Boston Properties, Inc. | 393,818 | 25,487,901 |
Brixmor Property Group, Inc. | 819,880 | 18,537,487 |
Camden Property Trust | 291,211 | 27,513,615 |
CubeSmart | 613,313 | 26,746,580 |
EastGroup Properties, Inc. | 126,432 | 22,212,838 |
Equity LifeStyle Properties, Inc. | 509,201 | 34,279,411 |
Federal Realty Investment Trust | 200,668 | 20,237,368 |
First Industrial Realty Trust, Inc. | 361,370 | 19,152,610 |
Gaming & Leisure Properties, Inc. | 729,496 | 33,177,478 |
Healthcare Realty Trust, Inc. | 1,037,923 | 14,302,579 |
Healthpeak Properties, Inc. | 1,931,963 | 32,360,380 |
Host Hotels & Resorts, Inc. | 1,926,851 | 39,962,890 |
Kilroy Realty Corp. | 291,388 | 11,040,691 |
Kimco Realty Corp. | 1,814,596 | 35,856,417 |
Lamar Advertising Co., Class A | 238,882 | 26,408,405 |
Medical Properties Trust, Inc. (a) | 1,630,018 | 6,862,376 |
NNN REIT, Inc. | 498,699 | 20,292,062 |
Omega Healthcare Investors, Inc. | 669,691 | 20,840,784 |
Rayonier, Inc. | 372,560 | 12,827,241 |
Regency Centers Corp. | 448,064 | 27,757,565 |
Rexford Industrial Realty, Inc. | 575,758 | 29,294,567 |
STAG Industrial, Inc. | 495,784 | 18,413,418 |
UDR, Inc. | 825,385 | 29,301,167 |
Vornado Realty Trust | 437,519 | 11,506,750 |
WP Carey, Inc. | 596,612 | 33,607,154 |
675,765,874 | ||
Financial Services 6.8% | ||
Affiliated Managers Group, Inc. | 92,383 | 14,440,387 |
AGNC Investment Corp. | 1,831,968 | 17,513,614 |
Ally Financial, Inc. | 740,617 | 27,395,423 |
Annaly Capital Management, Inc. | 1,366,231 | 26,081,350 |
Blackstone Mortgage Trust, Inc., Class A (a) | 471,372 | 9,601,848 |
Blue Owl Capital, Inc. | 1,107,642 | 19,893,250 |
Carlyle Group, Inc. | 590,494 | 27,074,150 |
Cboe Global Markets, Inc. | 288,183 | 55,331,136 |
Corebridge Financial, Inc. | 654,708 | 16,256,400 |
Credit Acceptance Corp. * | 17,120 | 9,477,632 |
Equitable Holdings, Inc. | 867,824 | 29,714,294 |
Essent Group Ltd. | 291,009 | 15,589,352 |
Euronet Worldwide, Inc. * | 119,782 | 13,108,942 |
FactSet Research Systems, Inc. | 103,730 | 47,983,423 |
Interactive Brokers Group, Inc., Class A | 292,240 | 31,772,333 |
Invesco Ltd. | 1,226,631 | 18,902,384 |
Jack Henry & Associates, Inc. | 198,635 | 34,516,804 |
Janus Henderson Group PLC | 360,842 | 11,243,837 |
Jefferies Financial Group, Inc. | 459,494 | 19,216,039 |
Lazard, Inc., Class A | 308,062 | 11,872,709 |
MarketAxess Holdings, Inc. | 103,317 | 22,048,881 |
MGIC Investment Corp. | 757,626 | 15,069,181 |
Morningstar, Inc. | 71,054 | 21,216,014 |
OneMain Holdings, Inc. | 327,284 | 15,457,623 |
Rithm Capital Corp. | 1,318,618 | 14,293,819 |
Robinhood Markets, Inc., Class A * | 1,410,469 | 23,004,749 |
SEI Investments Co. | 272,819 | 18,347,078 |
SoFi Technologies, Inc. * | 2,616,081 | 23,492,407 |
Starwood Property Trust, Inc. | 810,853 | 16,533,293 |
Stifel Financial Corp. | 278,496 | 21,126,707 |
Toast, Inc., Class A * | 1,021,688 | 23,498,824 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Tradeweb Markets, Inc., Class A | 313,125 | 33,134,887 |
Voya Financial, Inc. | 285,184 | 19,495,178 |
Western Union Co. | 995,919 | 13,355,274 |
WEX, Inc. * | 116,678 | 25,637,657 |
762,696,879 | ||
Food, Beverage & Tobacco 2.7% | ||
Boston Beer Co., Inc., Class A * | 25,643 | 7,901,634 |
Bunge Global SA | 396,423 | 37,410,438 |
Campbell Soup Co. | 535,837 | 22,848,090 |
Celsius Holdings, Inc. * | 404,426 | 33,009,250 |
Coca-Cola Consolidated, Inc. | 12,819 | 10,778,215 |
Darling Ingredients, Inc. * | 435,009 | 18,405,231 |
Flowers Foods, Inc. | 525,133 | 11,773,482 |
Ingredion, Inc. | 177,812 | 20,916,025 |
J M Smucker Co. | 289,522 | 34,791,859 |
Lamb Weston Holdings, Inc. | 395,808 | 40,455,536 |
Lancaster Colony Corp. | 55,655 | 11,516,133 |
Molson Coors Beverage Co., Class B | 505,046 | 31,524,971 |
Pilgrim's Pride Corp. * | 110,855 | 3,529,623 |
Post Holdings, Inc. * | 138,850 | 14,462,616 |
Seaboard Corp. | 661 | 2,173,097 |
301,496,200 | ||
Health Care Equipment & Services 3.6% | ||
Acadia Healthcare Co., Inc. * | 251,774 | 21,010,540 |
agilon health, Inc. * | 823,427 | 5,047,608 |
Chemed Corp. | 41,077 | 25,719,542 |
DaVita, Inc. * | 146,841 | 18,644,402 |
DENTSPLY SIRONA, Inc. | 577,590 | 18,875,641 |
Encompass Health Corp. | 273,753 | 20,367,223 |
Ensign Group, Inc. | 154,238 | 19,267,411 |
Envista Holdings Corp. * | 468,539 | 9,675,330 |
Guardant Health, Inc. * | 322,355 | 6,124,745 |
HealthEquity, Inc. * | 233,563 | 19,294,639 |
Henry Schein, Inc. * | 356,184 | 27,237,391 |
Inspire Medical Systems, Inc. * | 80,656 | 14,440,650 |
Lantheus Holdings, Inc. * | 186,887 | 12,218,672 |
Masimo Corp. * | 121,189 | 15,577,634 |
Option Care Health, Inc. * | 484,215 | 15,625,618 |
Penumbra, Inc. * | 105,260 | 24,727,679 |
QuidelOrtho Corp. * | 135,155 | 6,163,068 |
R1 RCM, Inc. * | 535,970 | 7,530,379 |
Shockwave Medical, Inc. * | 100,652 | 26,257,087 |
Teladoc Health, Inc. * | 451,185 | 6,803,870 |
Teleflex, Inc. | 128,380 | 28,601,780 |
Tenet Healthcare Corp. * | 277,430 | 25,800,990 |
Universal Health Services, Inc., Class B | 166,397 | 27,798,283 |
402,810,182 | ||
Household & Personal Products 0.4% | ||
Coty, Inc., Class A * | 1,019,703 | 12,807,470 |
elf Beauty, Inc. * | 150,548 | 31,393,774 |
Reynolds Consumer Products, Inc. | 150,078 | 4,427,301 |
48,628,545 | ||
Insurance 4.7% | ||
American Financial Group, Inc. | 178,232 | 22,754,879 |
Assurant, Inc. | 143,442 | 26,027,551 |
Axis Capital Holdings Ltd. | 211,693 | 13,245,631 |
CNA Financial Corp. | 74,533 | 3,275,725 |
Erie Indemnity Co., Class A | 68,127 | 27,719,514 |
Everest Group Ltd. | 118,518 | 43,718,920 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
F&G Annuities & Life, Inc. | 47,525 | 1,795,495 |
Fidelity National Financial, Inc. | 705,624 | 35,690,462 |
First American Financial Corp. | 281,771 | 16,458,244 |
Globe Life, Inc. | 233,667 | 29,659,352 |
Hanover Insurance Group, Inc. | 97,580 | 12,828,843 |
Kinsale Capital Group, Inc. | 60,101 | 31,022,934 |
Lincoln National Corp. | 462,885 | 12,747,853 |
Loews Corp. | 499,312 | 37,513,311 |
Old Republic International Corp. | 712,227 | 20,626,094 |
Primerica, Inc. | 95,551 | 23,434,838 |
Reinsurance Group of America, Inc. | 179,855 | 31,807,357 |
RenaissanceRe Holdings Ltd. | 143,167 | 32,186,805 |
RLI Corp. | 109,609 | 16,052,238 |
Selective Insurance Group, Inc. | 165,346 | 17,275,350 |
Unum Group | 500,761 | 24,762,631 |
W R Berkley Corp. | 556,373 | 46,512,783 |
527,116,810 | ||
Materials 6.6% | ||
Alcoa Corp. | 487,304 | 13,259,542 |
AptarGroup, Inc. | 179,410 | 25,199,929 |
Ashland, Inc. | 139,932 | 13,103,232 |
ATI, Inc. * | 348,179 | 17,123,443 |
Avery Dennison Corp. | 219,900 | 47,614,947 |
Axalta Coating Systems Ltd. * | 600,274 | 19,646,968 |
Berry Global Group, Inc. | 321,995 | 18,743,329 |
Celanese Corp. | 273,511 | 41,565,467 |
Cleveland-Cliffs, Inc. * | 1,378,711 | 28,677,189 |
Commercial Metals Co. | 319,140 | 17,233,560 |
Crown Holdings, Inc. | 329,052 | 25,211,964 |
Eagle Materials, Inc. | 95,306 | 24,164,836 |
Eastman Chemical Co. | 323,493 | 28,383,276 |
FMC Corp. | 340,395 | 19,194,874 |
Graphic Packaging Holding Co. | 834,905 | 21,665,785 |
Huntsman Corp. | 450,608 | 11,535,565 |
International Paper Co. | 945,305 | 33,425,985 |
MP Materials Corp. * | 391,711 | 5,957,924 |
Olin Corp. | 334,889 | 18,017,028 |
Packaging Corp. of America | 244,768 | 44,349,514 |
Reliance, Inc. | 156,915 | 50,404,236 |
Royal Gold, Inc. | 179,086 | 18,379,596 |
RPM International, Inc. | 351,499 | 40,545,410 |
Sealed Air Corp. | 393,824 | 13,732,643 |
Sonoco Products Co. | 267,445 | 15,158,783 |
Steel Dynamics, Inc. | 415,308 | 55,576,516 |
U.S. Steel Corp. | 608,739 | 28,817,704 |
Westlake Corp. | 87,577 | 12,147,806 |
Westrock Co. | 699,344 | 31,673,290 |
740,510,341 | ||
Media & Entertainment 3.0% | ||
Cable One, Inc. | 12,365 | 5,638,440 |
Endeavor Group Holdings, Inc., Class A | 508,765 | 12,235,798 |
IAC, Inc. * | 190,380 | 10,813,584 |
Interpublic Group of Cos., Inc. | 1,044,807 | 32,806,940 |
Liberty Media Corp.-Liberty Formula One, Class C * | 627,549 | 45,660,465 |
Liberty Media Corp.-Liberty SiriusXM, Class C * | 611,371 | 17,717,532 |
Match Group, Inc. * | 741,362 | 26,718,686 |
New York Times Co., Class A | 446,626 | 19,776,599 |
News Corp., Class A | 1,364,834 | 36,686,738 |
Nexstar Media Group, Inc. | 88,033 | 14,628,444 |
Paramount Global, Class B | 1,362,218 | 15,038,887 |
Pinterest, Inc., Class A * | 1,600,808 | 58,749,654 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Roku, Inc. * | 341,673 | 21,586,900 |
ZoomInfo Technologies, Inc. * | 809,429 | 13,566,030 |
331,624,697 | ||
Pharmaceuticals, Biotechnology & Life Sciences 5.9% | ||
10X Genomics, Inc., Class A * | 284,649 | 13,276,029 |
Alkermes PLC * | 454,751 | 13,501,557 |
Apellis Pharmaceuticals, Inc. * | 278,115 | 17,234,787 |
BioMarin Pharmaceutical, Inc. * | 514,387 | 44,381,310 |
Bio-Rad Laboratories, Inc., Class A * | 57,138 | 18,620,131 |
Bio-Techne Corp. | 431,350 | 31,734,419 |
Bruker Corp. | 253,232 | 21,914,697 |
Catalent, Inc. * | 491,687 | 28,193,333 |
Charles River Laboratories International, Inc. * | 139,925 | 35,567,536 |
CRISPR Therapeutics AG * | 216,970 | 18,273,213 |
Elanco Animal Health, Inc. * | 1,344,467 | 21,363,581 |
Exact Sciences Corp. * | 493,234 | 28,375,752 |
Exelixis, Inc. * | 849,595 | 18,606,130 |
Halozyme Therapeutics, Inc. * | 360,810 | 14,363,846 |
Intra-Cellular Therapies, Inc. * | 244,429 | 16,992,704 |
Ionis Pharmaceuticals, Inc. * | 391,512 | 17,700,258 |
Jazz Pharmaceuticals PLC * | 172,011 | 20,452,108 |
Karuna Therapeutics, Inc. * | 97,754 | 30,691,823 |
Medpace Holdings, Inc. * | 63,663 | 25,307,316 |
Natera, Inc. * | 308,063 | 26,644,369 |
Neurocrine Biosciences, Inc. * | 268,387 | 34,997,665 |
Organon & Co. | 697,687 | 12,146,731 |
Perrigo Co. PLC | 369,780 | 9,710,423 |
Repligen Corp. * | 141,617 | 27,472,282 |
Roivant Sciences Ltd. * | 899,702 | 10,292,591 |
Sarepta Therapeutics, Inc. * | 255,365 | 32,661,183 |
Sotera Health Co. * | 318,310 | 4,777,833 |
United Therapeutics Corp. * | 128,001 | 28,882,146 |
Viatris, Inc. | 3,276,235 | 40,527,027 |
664,662,780 | ||
Real Estate Management & Development 0.5% | ||
Jones Lang LaSalle, Inc. * | 129,847 | 24,702,093 |
Zillow Group, Inc., Class C * | 573,103 | 32,179,734 |
56,881,827 | ||
Semiconductors & Semiconductor Equipment 2.4% | ||
Allegro MicroSystems, Inc. * | 194,237 | 6,116,523 |
Amkor Technology, Inc. | 282,264 | 8,755,829 |
Axcelis Technologies, Inc. * | 89,180 | 10,047,911 |
Entegris, Inc. | 409,948 | 55,080,613 |
Lattice Semiconductor Corp. * | 376,469 | 28,841,290 |
MKS Instruments, Inc. | 171,530 | 21,057,023 |
Onto Innovation, Inc. * | 133,859 | 24,651,474 |
Power Integrations, Inc. | 155,267 | 11,095,380 |
Qorvo, Inc. * | 265,732 | 30,439,601 |
Rambus, Inc. * | 293,268 | 17,373,196 |
Silicon Laboratories, Inc. * | 86,595 | 11,910,276 |
SolarEdge Technologies, Inc. * | 155,253 | 10,428,344 |
Universal Display Corp. | 119,069 | 20,768,015 |
Wolfspeed, Inc. * | 343,299 | 8,932,640 |
265,498,115 | ||
Software & Services 6.4% | ||
AppLovin Corp., Class A * | 354,150 | 21,149,838 |
Aspen Technology, Inc. * | 76,508 | 14,834,136 |
Bentley Systems, Inc., Class B | 628,220 | 32,271,661 |
Bill Holdings, Inc. * | 265,053 | 16,785,807 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
CCC Intelligent Solutions Holdings, Inc. * | 674,118 | 7,893,922 |
Confluent, Inc., Class A * | 598,711 | 20,278,342 |
DocuSign, Inc. * | 554,240 | 29,524,365 |
Dolby Laboratories, Inc., Class A | 162,760 | 13,183,560 |
DoubleVerify Holdings, Inc. * | 380,865 | 11,764,920 |
Dropbox, Inc., Class A * | 698,322 | 16,724,812 |
DXC Technology Co. * | 529,749 | 11,580,313 |
Dynatrace, Inc. * | 650,727 | 32,243,523 |
Elastic NV * | 220,931 | 29,562,777 |
Five9, Inc. * | 198,514 | 12,109,354 |
GoDaddy, Inc., Class A * | 384,603 | 43,902,432 |
Guidewire Software, Inc. * | 223,451 | 26,666,642 |
Informatica, Inc., Class A * | 107,554 | 3,504,109 |
Manhattan Associates, Inc. * | 168,135 | 42,593,640 |
Nutanix, Inc., Class A * | 664,186 | 41,949,988 |
Okta, Inc. * | 427,679 | 45,889,957 |
Procore Technologies, Inc. * | 242,914 | 18,954,579 |
PTC, Inc. * | 324,426 | 59,373,202 |
Qualys, Inc. * | 100,406 | 17,255,775 |
Smartsheet, Inc., Class A * | 368,895 | 15,571,058 |
SPS Commerce, Inc. * | 100,081 | 18,530,998 |
Twilio, Inc., Class A * | 493,973 | 29,435,851 |
Tyler Technologies, Inc. * | 114,893 | 50,224,326 |
UiPath, Inc., Class A * | 1,109,551 | 26,351,836 |
710,111,723 | ||
Technology Hardware & Equipment 4.1% | ||
Arrow Electronics, Inc. * | 147,814 | 17,368,145 |
Ciena Corp. * | 403,273 | 22,978,496 |
Cognex Corp. | 469,772 | 18,532,505 |
Coherent Corp. * | 359,792 | 21,400,428 |
Dell Technologies, Inc., Class C | 694,301 | 65,722,533 |
F5, Inc. * | 162,989 | 30,514,801 |
IPG Photonics Corp. * | 80,725 | 6,970,604 |
Jabil, Inc. | 349,357 | 50,338,850 |
Juniper Networks, Inc. | 870,127 | 32,220,803 |
Littelfuse, Inc. | 67,939 | 16,185,787 |
NetApp, Inc. | 570,108 | 50,808,025 |
Novanta, Inc. * | 97,768 | 16,907,998 |
Pure Storage, Inc., Class A * | 799,813 | 42,110,154 |
TD SYNNEX Corp. | 157,089 | 16,321,547 |
Ubiquiti, Inc. | 11,339 | 1,328,704 |
Western Digital Corp. * | 885,373 | 52,653,132 |
462,362,512 | ||
Telecommunication Services 0.4% | ||
Frontier Communications Parent, Inc. * | 604,328 | 14,310,487 |
GCI Liberty, Inc. *(b) | 1,240 | 0 |
Iridium Communications, Inc. | 336,812 | 9,750,707 |
Liberty Global Ltd., Class C * | 971,713 | 18,025,276 |
42,086,470 | ||
Transportation 2.3% | ||
Alaska Air Group, Inc. * | 348,914 | 13,045,894 |
American Airlines Group, Inc. * | 1,782,546 | 27,950,321 |
Avis Budget Group, Inc. | 50,712 | 5,478,924 |
CH Robinson Worldwide, Inc. | 318,168 | 23,569,885 |
GXO Logistics, Inc. * | 324,610 | 16,801,814 |
Hertz Global Holdings, Inc. * | 362,397 | 2,844,816 |
Joby Aviation, Inc. *(a) | 1,009,037 | 5,670,788 |
Knight-Swift Transportation Holdings, Inc. | 440,033 | 24,791,459 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Landstar System, Inc. | 98,076 | 18,654,055 |
Lyft, Inc., Class A * | 944,687 | 15,001,630 |
Saia, Inc. * | 72,509 | 41,721,679 |
U-Haul Holding Co. * | 26,178 | 1,685,340 |
U-Haul Holding Co., Non Voting Shares | 269,714 | 17,145,719 |
XPO, Inc. * | 316,583 | 38,091,267 |
252,453,591 | ||
Utilities 2.7% | ||
AES Corp. | 1,826,422 | 27,761,614 |
Alliant Energy Corp. | 696,364 | 33,251,381 |
Black Hills Corp. | 185,916 | 9,673,209 |
Essential Utilities, Inc. | 686,280 | 23,868,818 |
IDACORP, Inc. | 138,373 | 12,192,045 |
National Fuel Gas Co. | 250,665 | 12,217,412 |
NiSource, Inc. | 1,127,157 | 29,373,711 |
NRG Energy, Inc. | 616,271 | 34,092,112 |
OGE Energy Corp. | 547,089 | 18,004,699 |
Pinnacle West Capital Corp. | 309,341 | 21,137,271 |
Portland General Electric Co. | 275,957 | 11,085,193 |
UGI Corp. | 572,441 | 14,013,356 |
Vistra Corp. | 917,175 | 50,022,725 |
296,693,546 | ||
Total Common Stocks (Cost $8,908,268,363) | 11,165,248,829 |
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) | 5,469,656 | 5,469,656 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (c)(d) | 35,464,715 | 35,464,715 |
40,934,371 | ||
Total Short-Term Investments (Cost $40,934,371) | 40,934,371 | |
Total Investments in Securities (Cost $8,949,202,734) | 11,206,183,200 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
S&P 400 Mid-Cap Index, e-mini, expires 03/15/24 | 32 | 9,256,320 | 141,420 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $34,954,545. |
(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 | $11,123,162,359 | $— | $— | $11,123,162,359 |
Telecommunication Services | 42,086,470 | — | 0 * | 42,086,470 |
Short-Term Investments1 | 40,934,371 | — | — | 40,934,371 |
Futures Contracts2 | 141,420 | — | — | 141,420 |
Total | $11,206,324,620 | $— | $0 | $11,206,324,620 |
* | Level 3 amount shown includes securities determined to have no value at February 29, 2024. |
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 $8,949,202,734) including securities on loan of $34,954,545 | $11,206,183,200 | |
Deposit with broker for futures contracts | 739,900 | |
Receivables: | ||
Dividends | 11,029,692 | |
Variation margin on future contracts | 87,515 | |
Foreign tax reclaims | 52,563 | |
Income from securities on loan | + | 50,983 |
Total assets | 11,218,143,853 | |
Liabilities | ||
Collateral held for securities on loan | 35,464,715 | |
Payables: | ||
Investments bought | 8,052,737 | |
Management fees | + | 344,436 |
Total liabilities | 43,861,888 | |
Net assets | $11,174,281,965 | |
Net Assets by Source | ||
Capital received from investors | $9,925,836,310 | |
Total distributable earnings | + | 1,248,445,655 |
Net assets | $11,174,281,965 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$11,174,281,965 | 143,250,000 | $78.01 | ||
For the period September 1, 2023 through February 29, 2024; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $102,074) | $85,576,968 | |
Interest received from securities - unaffiliated | 51,065 | |
Securities on loan, net | + | 410,739 |
Total investment income | 86,038,772 | |
Expenses | ||
Management fees | 2,003,095 | |
Total expenses | – | 2,003,095 |
Net investment income | 84,035,677 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated | (324,600,902 ) | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 327,484,357 | |
Net realized losses on futures contracts | + | (17,461 ) |
Net realized gains | 2,865,994 | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 915,185,885 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 129,920 |
Net change in unrealized appreciation (depreciation) | + | 915,315,805 |
Net realized and unrealized gains | 918,181,799 | |
Increase in net assets resulting from operations | $1,002,217,476 |
OPERATIONS | |||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||
Net investment income | $84,035,677 | $161,888,151 | |
Net realized gains | 2,865,994 | 69,595,556 | |
Net change in unrealized appreciation (depreciation) | + | 915,315,805 | 538,611,469 |
Increase in net assets resulting from operations | $1,002,217,476 | $770,095,176 | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($84,750,530 ) | ($160,033,135 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 13,450,000 | $932,104,441 | 16,200,000 | $1,096,153,217 | |
Shares redeemed | + | (9,300,000 ) | (651,244,495 ) | (13,750,000 ) | (925,533,718 ) |
Net transactions in fund shares | 4,150,000 | $280,859,946 | 2,450,000 | $170,619,499 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 139,100,000 | $9,975,955,073 | 136,650,000 | $9,195,273,533 | |
Total increase | + | 4,150,000 | 1,198,326,892 | 2,450,000 | 780,681,540 |
End of period | 143,250,000 | $11,174,281,965 | 139,100,000 | $9,975,955,073 |
9/1/23– 2/29/24* | 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 | $44.22 | $42.08 | $51.85 | $35.62 | $34.60 | $39.12 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)2 | 0.36 | 0.65 | 0.56 | 0.55 | 0.51 | 0.52 |
Net realized and unrealized gains (losses) | 3.54 | 2.11 | (9.72 ) | 16.19 | 1.01 | (4.53 ) |
Total from investment operations | 3.90 | 2.76 | (9.16 ) | 16.74 | 1.52 | (4.01 ) |
Less distributions: | ||||||
Distributions from net investment income | (0.39 ) | (0.62 ) | (0.61 ) | (0.51 ) | (0.50 ) | (0.51 ) |
Net asset value at end of period | $47.73 | $44.22 | $42.08 | $51.85 | $35.62 | $34.60 |
Total return | 8.92 %3 | 6.69 % | (17.78 %) | 47.33 % | 4.53 % | (10.26 %) |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.04 %4 | 0.04 %5 | 0.04 %5 | 0.04 % | 0.04 % | 0.04 %6 |
Net investment income (loss) | 1.66 %4 | 1.55 % | 1.20 % | 1.18 % | 1.50 % | 1.49 % |
Portfolio turnover rate7 | 9 %3 | 9 % | 15 % | 15 % | 12 % | 11 % |
Net assets, end of period (x 1,000,000) | $16,497 | $14,481 | $13,539 | $16,622 | $10,044 | $8,100 |
* | Unaudited. |
1 | Per-Share Data has been retroactively adjusted to reflect a 2-for-1 share split effective after market close on March 10, 2022. |
2 | Calculated based on the average shares outstanding during the period. |
3 | Not annualized. |
4 | Annualized. |
5 | Ratio includes less than 0.005% of non-routine proxy expenses. |
6 | Effective March 11, 2019, the annual operating expense ratio was reduced. The ratio presented for the period ended August 31, 2019, is a blended ratio. |
7 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.8% OF NET ASSETS | ||
Automobiles & Components 1.5% | ||
Adient PLC * | 441,196 | 14,974,192 |
American Axle & Manufacturing Holdings, Inc. * | 546,322 | 3,780,548 |
Atmus Filtration Technologies, Inc. *(a) | 65,594 | 1,565,729 |
Canoo, Inc. * | 2,765,927 | 290,976 |
Dana, Inc. | 605,211 | 7,565,138 |
Dorman Products, Inc. * | 133,288 | 12,558,395 |
Faraday Future Intelligent Electric, Inc. * | 81,913 | 5,718 |
Fisker, Inc. *(a) | 895,927 | 652,414 |
Fox Factory Holding Corp. * | 198,652 | 10,049,805 |
Garrett Motion, Inc. * | 659,139 | 6,340,917 |
Gentherm, Inc. * | 155,040 | 8,815,574 |
Goodyear Tire & Rubber Co. * | 1,337,597 | 15,890,652 |
Harley-Davidson, Inc. | 596,085 | 21,620,003 |
Holley, Inc. * | 236,677 | 1,015,344 |
LCI Industries | 119,465 | 15,050,201 |
Luminar Technologies, Inc. *(a) | 1,272,447 | 3,041,148 |
Mobileye Global, Inc., Class A * | 357,509 | 9,105,754 |
Modine Manufacturing Co. * | 246,077 | 22,075,568 |
Mullen Automotive, Inc. *(a) | 15,543 | 110,666 |
Patrick Industries, Inc. | 98,195 | 11,777,508 |
Phinia, Inc. | 218,652 | 7,482,271 |
QuantumScape Corp. * | 1,640,438 | 10,285,546 |
Solid Power, Inc. *(a) | 573,970 | 941,311 |
Standard Motor Products, Inc. | 88,941 | 2,824,766 |
Stoneridge, Inc. * | 128,378 | 2,255,601 |
Thor Industries, Inc. | 250,764 | 32,142,930 |
Visteon Corp. * | 130,872 | 14,804,241 |
Winnebago Industries, Inc. | 141,251 | 10,131,934 |
Workhorse Group, Inc. * | 1,000,788 | 334,864 |
XPEL, Inc. * | 100,513 | 5,284,974 |
252,774,688 | ||
Banks 6.8% | ||
1st Source Corp. | 79,218 | 3,943,472 |
Amerant Bancorp, Inc. | 125,481 | 2,658,942 |
Ameris Bancorp | 304,876 | 14,124,905 |
Arrow Financial Corp. | 80,889 | 1,939,718 |
Associated Banc-Corp. | 697,693 | 14,539,922 |
Atlantic Union Bankshares Corp. | 352,564 | 11,726,279 |
Axos Financial, Inc. * | 242,346 | 12,631,074 |
Banc of California, Inc. | 613,496 | 8,975,446 |
BancFirst Corp. | 68,286 | 5,991,414 |
Bancorp, Inc. * | 253,258 | 11,305,437 |
Bank First Corp. | 39,499 | 3,416,663 |
Bank of Hawaii Corp. | 186,910 | 11,266,935 |
Bank of Marin Bancorp | 66,205 | 1,099,665 |
Bank OZK | 495,612 | 21,707,806 |
BankUnited, Inc. | 350,715 | 9,406,176 |
Banner Corp. | 161,720 | 7,089,805 |
Berkshire Hills Bancorp, Inc. | 201,498 | 4,330,192 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Brookline Bancorp, Inc. | 421,636 | 4,119,384 |
Byline Bancorp, Inc. | 134,279 | 2,798,374 |
Cadence Bank | 859,914 | 23,802,420 |
Camden National Corp. | 68,559 | 2,178,805 |
Capitol Federal Financial, Inc. | 589,805 | 3,414,971 |
Cathay General Bancorp | 342,445 | 13,372,477 |
Central Pacific Financial Corp. | 125,514 | 2,342,091 |
Citizens Financial Services, Inc. | 20,095 | 939,441 |
City Holding Co. | 69,803 | 7,013,805 |
Columbia Banking System, Inc. | 983,457 | 17,800,572 |
Columbia Financial, Inc. * | 132,492 | 2,216,591 |
Community Bank System, Inc. | 251,445 | 11,390,458 |
Community Trust Bancorp, Inc. | 71,800 | 2,854,768 |
ConnectOne Bancorp, Inc. | 170,012 | 3,364,537 |
CrossFirst Bankshares, Inc. * | 199,221 | 2,563,974 |
Customers Bancorp, Inc. * | 133,007 | 7,223,610 |
CVB Financial Corp. | 623,098 | 10,605,128 |
Dime Community Bancshares, Inc. | 164,144 | 3,076,059 |
Eagle Bancorp, Inc. | 139,453 | 3,321,770 |
Eastern Bankshares, Inc. | 738,306 | 9,538,914 |
Enterprise Financial Services Corp. | 176,482 | 7,045,161 |
FB Financial Corp. | 165,778 | 5,908,328 |
Financial Institutions, Inc. | 73,090 | 1,341,932 |
First BanCorp | 809,520 | 13,745,650 |
First Bancorp/Southern Pines NC | 193,721 | 6,609,761 |
First Bancshares, Inc. | 129,001 | 3,203,095 |
First Busey Corp. | 245,891 | 5,670,246 |
First Commonwealth Financial Corp. | 477,839 | 6,226,242 |
First Community Bankshares, Inc. | 76,953 | 2,550,222 |
First Financial Bancorp | 447,304 | 9,706,497 |
First Financial Bankshares, Inc. | 605,510 | 18,734,479 |
First Financial Corp. | 50,025 | 1,862,431 |
First Foundation, Inc. | 237,253 | 1,881,416 |
First Hawaiian, Inc. | 598,854 | 12,551,980 |
First Interstate BancSystem, Inc., Class A | 390,727 | 10,283,935 |
First Merchants Corp. | 278,788 | 9,255,762 |
First Mid Bancshares, Inc. | 103,061 | 3,122,748 |
First of Long Island Corp. | 99,860 | 1,112,440 |
Flushing Financial Corp. | 135,309 | 1,737,368 |
FNB Corp. | 1,690,084 | 22,545,721 |
Fulton Financial Corp. | 771,236 | 11,877,034 |
German American Bancorp, Inc. | 140,077 | 4,406,822 |
Glacier Bancorp, Inc. | 522,280 | 19,543,718 |
Great Southern Bancorp, Inc. | 40,763 | 2,125,383 |
Hancock Whitney Corp. | 406,024 | 17,702,646 |
Hanmi Financial Corp. | 142,173 | 2,148,234 |
HarborOne Bancorp, Inc. | 188,631 | 1,920,264 |
HBT Financial, Inc. | 60,381 | 1,150,862 |
Heartland Financial USA, Inc. | 183,595 | 6,242,230 |
Heritage Commerce Corp. | 284,242 | 2,356,366 |
Heritage Financial Corp. | 162,972 | 2,990,536 |
Hilltop Holdings, Inc. | 217,851 | 6,727,239 |
Home BancShares, Inc. | 884,252 | 20,744,552 |
HomeStreet, Inc. | 84,557 | 1,179,570 |
Hope Bancorp, Inc. | 567,548 | 6,226,002 |
Horizon Bancorp, Inc. | 182,515 | 2,197,481 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Independent Bank Corp. | 207,052 | 10,801,903 |
Independent Bank Group, Inc. | 169,412 | 7,408,387 |
International Bancshares Corp. | 250,355 | 12,990,921 |
Kearny Financial Corp. | 301,401 | 1,916,910 |
Lakeland Bancorp, Inc. | 303,119 | 3,540,430 |
Lakeland Financial Corp. | 119,947 | 7,640,624 |
Live Oak Bancshares, Inc. | 155,617 | 6,181,107 |
Luther Burbank Corp. * | 52,884 | 483,889 |
Mercantile Bank Corp. | 68,376 | 2,518,972 |
Metrocity Bankshares, Inc. | 83,294 | 2,024,044 |
Midland States Bancorp, Inc. | 101,086 | 2,461,444 |
National Bank Holdings Corp., Class A | 178,281 | 6,033,029 |
NBT Bancorp, Inc. | 222,479 | 7,651,053 |
Nicolet Bankshares, Inc. | 60,646 | 4,786,789 |
Northfield Bancorp, Inc. | 183,858 | 1,856,966 |
Northwest Bancshares, Inc. | 598,748 | 6,861,652 |
OceanFirst Financial Corp. | 277,243 | 4,214,094 |
OFG Bancorp | 222,133 | 8,045,657 |
Old National Bancorp | 1,378,116 | 22,642,446 |
Old Second Bancorp, Inc. | 187,303 | 2,515,479 |
Origin Bancorp, Inc. | 137,683 | 4,108,461 |
Pacific Premier Bancorp, Inc. | 450,757 | 10,304,305 |
Park National Corp. | 67,534 | 8,678,794 |
Pathward Financial, Inc. | 123,910 | 6,299,584 |
Peapack-Gladstone Financial Corp. | 73,930 | 1,791,324 |
Peoples Bancorp, Inc. | 158,473 | 4,448,337 |
Pinnacle Financial Partners, Inc. | 361,165 | 29,875,569 |
Popular, Inc. | 339,223 | 28,386,181 |
Preferred Bank | 58,847 | 4,228,157 |
Premier Financial Corp. | 166,742 | 3,231,460 |
Prosperity Bancshares, Inc. | 441,008 | 27,523,309 |
Provident Financial Services, Inc. | 357,263 | 5,387,526 |
QCR Holdings, Inc. | 79,318 | 4,521,126 |
Renasant Corp. | 264,352 | 8,356,167 |
Republic Bancorp, Inc., Class A | 40,950 | 2,017,197 |
S&T Bancorp, Inc. | 180,635 | 5,634,006 |
Sandy Spring Bancorp, Inc. | 211,709 | 4,653,364 |
Seacoast Banking Corp. of Florida | 400,127 | 9,659,066 |
ServisFirst Bancshares, Inc. | 231,071 | 14,601,376 |
Simmons First National Corp., Class A | 587,971 | 11,289,043 |
Southside Bancshares, Inc. | 135,144 | 3,873,227 |
SouthState Corp. | 357,580 | 30,051,023 |
Stellar Bancorp, Inc. | 222,211 | 5,266,401 |
Stock Yards Bancorp, Inc. | 127,553 | 5,843,203 |
Synovus Financial Corp. | 688,127 | 26,107,538 |
Texas Capital Bancshares, Inc. * | 226,544 | 13,286,806 |
TFS Financial Corp. | 237,822 | 3,032,231 |
Tompkins Financial Corp. | 57,928 | 2,789,812 |
Towne Bank | 323,727 | 8,776,239 |
TriCo Bancshares | 157,418 | 5,259,335 |
Triumph Financial, Inc. * | 101,834 | 7,637,550 |
TrustCo Bank Corp. | 88,160 | 2,405,886 |
Trustmark Corp. | 288,063 | 7,737,372 |
UMB Financial Corp. | 205,764 | 16,792,400 |
United Bankshares, Inc. | 635,566 | 22,047,785 |
United Community Banks, Inc. | 560,611 | 14,581,492 |
Univest Financial Corp. | 136,744 | 2,737,615 |
Valley National Bancorp | 2,011,185 | 16,471,605 |
Veritex Holdings, Inc. | 256,304 | 5,031,248 |
WaFd, Inc. | 304,719 | 8,300,546 |
Washington Trust Bancorp, Inc. | 79,108 | 2,036,240 |
WesBanco, Inc. | 279,901 | 8,111,531 |
Westamerica BanCorp | 125,849 | 5,752,558 |
Wintrust Financial Corp. | 287,975 | 27,746,391 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
WSFS Financial Corp. | 286,587 | 12,148,423 |
1,116,120,958 | ||
Capital Goods 12.2% | ||
374Water, Inc. *(a) | 227,174 | 302,141 |
3D Systems Corp. * | 623,109 | 2,579,671 |
AAON, Inc. | 317,450 | 26,659,451 |
AAR Corp. * | 157,412 | 10,511,973 |
AeroVironment, Inc. * | 123,418 | 15,648,168 |
Air Lease Corp. | 486,661 | 19,515,106 |
Alamo Group, Inc. | 48,552 | 9,821,584 |
Albany International Corp., Class A | 147,180 | 13,815,787 |
Allison Transmission Holdings, Inc. | 421,110 | 31,722,216 |
Ameresco, Inc., Class A * | 149,813 | 3,140,080 |
American Woodmark Corp. * | 77,325 | 7,751,058 |
Amprius Technologies, Inc. *(a) | 80,218 | 260,709 |
API Group Corp. * | 965,443 | 33,838,777 |
Apogee Enterprises, Inc. | 104,220 | 5,962,426 |
Applied Industrial Technologies, Inc. | 182,237 | 34,604,984 |
Archer Aviation, Inc., Class A *(a) | 868,717 | 4,195,903 |
Arcosa, Inc. | 229,749 | 19,069,167 |
Argan, Inc. | 58,783 | 2,754,571 |
Armstrong World Industries, Inc. | 208,152 | 25,105,213 |
Array Technologies, Inc. * | 668,625 | 9,120,045 |
Astec Industries, Inc. | 106,038 | 4,305,143 |
Atkore, Inc. | 177,740 | 30,109,156 |
AZEK Co., Inc. * | 702,670 | 33,805,454 |
AZZ, Inc. | 118,062 | 8,594,914 |
Babcock & Wilcox Enterprises, Inc. * | 273,317 | 349,846 |
Barnes Group, Inc. | 238,978 | 8,349,891 |
Beacon Roofing Supply, Inc. * | 296,936 | 25,503,833 |
Blink Charging Co. *(a) | 265,426 | 844,055 |
Bloom Energy Corp., Class A *(a) | 989,531 | 8,678,187 |
Blue Bird Corp. * | 80,796 | 2,734,137 |
BlueLinx Holdings, Inc. * | 41,584 | 5,274,930 |
Boise Cascade Co. | 186,065 | 25,288,094 |
BWX Technologies, Inc. | 430,737 | 43,431,212 |
Cadre Holdings, Inc. | 83,904 | 3,014,671 |
ChargePoint Holdings, Inc. *(a) | 1,411,045 | 2,920,863 |
Chart Industries, Inc. * | 197,510 | 28,216,279 |
Columbus McKinnon Corp. | 135,706 | 5,668,440 |
Comfort Systems USA, Inc. | 168,124 | 51,400,551 |
Construction Partners, Inc., Class A * | 205,167 | 9,864,429 |
Core & Main, Inc., Class A * | 791,208 | 37,764,358 |
Crane Co. | 229,743 | 27,927,559 |
CSW Industrials, Inc. | 73,144 | 16,851,646 |
Custom Truck One Source, Inc. * | 286,134 | 1,836,980 |
Desktop Metal, Inc., Class A *(a) | 1,153,151 | 705,382 |
Distribution Solutions Group, Inc. * | 49,992 | 1,570,249 |
DNOW, Inc. * | 503,260 | 7,121,129 |
Douglas Dynamics, Inc. | 106,715 | 2,678,547 |
Ducommun, Inc. * | 64,630 | 3,084,144 |
DXP Enterprises, Inc. * | 61,478 | 2,183,699 |
Dycom Industries, Inc. * | 138,076 | 17,465,233 |
Encore Wire Corp. | 74,378 | 17,925,098 |
Energy Recovery, Inc. * | 262,928 | 4,109,565 |
Energy Vault Holdings, Inc. *(a) | 369,173 | 620,211 |
Enerpac Tool Group Corp. | 254,541 | 8,580,577 |
EnerSys | 190,188 | 17,474,473 |
Enovix Corp. *(a) | 652,137 | 6,358,336 |
Enpro, Inc. | 98,546 | 15,355,438 |
Esab Corp. | 266,636 | 26,428,960 |
ESCO Technologies, Inc. | 121,608 | 12,390,639 |
ESS Tech, Inc. *(a) | 403,593 | 350,561 |
Eve Holding, Inc. *(a) | 148,694 | 825,252 |
Federal Signal Corp. | 286,339 | 23,454,028 |
Flowserve Corp. | 617,707 | 26,141,360 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Fluence Energy, Inc. * | 270,179 | 4,131,037 |
Fluor Corp. * | 801,435 | 29,492,808 |
Franklin Electric Co., Inc. | 187,062 | 19,446,966 |
FTAI Aviation Ltd. | 471,069 | 26,516,474 |
FTC Solar, Inc. * | 302,551 | 154,906 |
FuelCell Energy, Inc. * | 2,116,372 | 2,518,483 |
Gates Industrial Corp. PLC * | 785,534 | 11,563,060 |
GATX Corp. | 167,342 | 21,225,659 |
Gibraltar Industries, Inc. * | 142,883 | 11,066,288 |
Global Industrial Co. | 60,094 | 2,635,122 |
GMS, Inc. * | 191,037 | 17,061,514 |
Gorman-Rupp Co. | 114,118 | 4,260,025 |
GrafTech International Ltd. | 889,319 | 1,565,201 |
Granite Construction, Inc. | 206,409 | 10,636,256 |
Great Lakes Dredge & Dock Corp. * | 309,769 | 2,769,335 |
Greenbrier Cos., Inc. | 145,799 | 7,545,098 |
Griffon Corp. | 192,416 | 13,738,502 |
H&E Equipment Services, Inc. | 150,749 | 8,515,811 |
Hayward Holdings, Inc. * | 593,869 | 8,783,323 |
Helios Technologies, Inc. | 155,411 | 6,861,396 |
Herc Holdings, Inc. | 133,135 | 21,125,862 |
Hexcel Corp. | 395,383 | 29,440,218 |
Hillenbrand, Inc. | 329,651 | 15,674,905 |
Hillman Solutions Corp. * | 918,386 | 8,945,080 |
Hyliion Holdings Corp. * | 614,564 | 1,118,506 |
Hyster-Yale Materials Handling, Inc. | 51,369 | 3,024,607 |
Hyzon Motors, Inc. *(a) | 402,786 | 253,836 |
IES Holdings, Inc. * | 39,282 | 4,317,877 |
Insteel Industries, Inc. | 90,846 | 3,307,703 |
Janus International Group, Inc. * | 430,476 | 6,177,331 |
JELD-WEN Holding, Inc. * | 401,292 | 7,303,514 |
John Bean Technologies Corp. | 150,042 | 15,226,262 |
Kadant, Inc. | 55,184 | 18,613,563 |
Kaman Corp. | 132,512 | 6,070,375 |
Kennametal, Inc. | 375,019 | 9,465,480 |
Kratos Defense & Security Solutions, Inc. * | 684,240 | 12,480,538 |
Leonardo DRS, Inc. * | 332,778 | 7,557,388 |
Lindsay Corp. | 51,746 | 6,173,815 |
Manitowoc Co., Inc. * | 163,135 | 2,274,102 |
Markforged Holding Corp. * | 533,566 | 357,489 |
Masonite International Corp. * | 103,098 | 13,427,484 |
MasTec, Inc. * | 284,876 | 21,496,743 |
Masterbrand, Inc. * | 598,523 | 10,360,433 |
McGrath RentCorp | 115,402 | 14,365,241 |
MDU Resources Group, Inc. | 958,934 | 20,789,689 |
Mercury Systems, Inc. * | 244,213 | 7,294,642 |
Microvast Holdings, Inc. *(a) | 1,035,307 | 890,675 |
Moog, Inc., Class A | 135,244 | 20,279,838 |
MRC Global, Inc. * | 398,340 | 4,592,860 |
MSC Industrial Direct Co., Inc., Class A | 218,074 | 22,012,390 |
Mueller Industries, Inc. | 534,467 | 27,460,914 |
Mueller Water Products, Inc., Class A | 735,997 | 11,444,753 |
MYR Group, Inc. * | 78,835 | 12,807,534 |
National Presto Industries, Inc. | 24,383 | 1,885,537 |
Net Power, Inc. *(a) | 113,105 | 924,068 |
NEXTracker, Inc., Class A * | 575,625 | 32,373,150 |
Nikola Corp. *(a) | 4,336,473 | 3,227,203 |
Omega Flex, Inc. | 15,450 | 1,076,093 |
Oshkosh Corp. | 308,165 | 34,163,172 |
PGT Innovations, Inc. * | 269,038 | 11,237,717 |
Powell Industries, Inc. | 43,152 | 7,993,476 |
Preformed Line Products Co. | 13,620 | 1,872,478 |
Primoris Services Corp. | 251,102 | 9,921,040 |
Proto Labs, Inc. * | 120,677 | 4,396,263 |
Quanex Building Products Corp. | 156,317 | 5,405,442 |
RBC Bearings, Inc. * | 136,791 | 37,320,689 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Resideo Technologies, Inc. * | 687,936 | 15,361,611 |
REV Group, Inc. | 180,832 | 3,732,372 |
Rocket Lab USA, Inc. *(a) | 1,230,159 | 5,640,279 |
Rush Enterprises, Inc., Class A | 289,382 | 14,092,903 |
Rush Enterprises, Inc., Class B | 42,377 | 2,137,072 |
SES AI Corp. * | 681,710 | 1,206,627 |
Shoals Technologies Group, Inc., Class A * | 797,652 | 10,233,875 |
Shyft Group, Inc. | 149,614 | 1,542,520 |
Simpson Manufacturing Co., Inc. | 200,673 | 41,876,442 |
SiteOne Landscape Supply, Inc. * | 212,495 | 35,801,158 |
Southland Holdings, Inc. * | 42,210 | 192,478 |
Spirit AeroSystems Holdings, Inc., Class A * | 539,383 | 15,426,354 |
SPX Technologies, Inc. * | 215,043 | 25,200,889 |
Standex International Corp. | 55,790 | 9,651,670 |
Stem, Inc. *(a) | 692,640 | 1,856,275 |
Sterling Infrastructure, Inc. * | 145,357 | 15,500,870 |
SunPower Corp. *(a) | 400,183 | 1,244,569 |
Sunrun, Inc. * | 1,018,993 | 12,268,676 |
Symbotic, Inc. *(a) | 123,822 | 4,878,587 |
Tecnoglass, Inc. | 95,341 | 4,458,145 |
Tennant Co. | 88,190 | 9,982,226 |
Terex Corp. | 317,200 | 18,191,420 |
Terran Orbital Corp. * | 688,876 | 743,986 |
Thermon Group Holdings, Inc. * | 160,051 | 4,367,792 |
Tigo Energy, Inc. *(a) | 29,363 | 39,640 |
Timken Co. | 305,263 | 25,639,039 |
Titan International, Inc. * | 238,287 | 3,040,542 |
Titan Machinery, Inc. * | 97,079 | 2,449,303 |
TPI Composites, Inc. *(a) | 198,857 | 554,811 |
Transcat, Inc. * | 41,839 | 4,399,789 |
Trinity Industries, Inc. | 385,190 | 9,776,122 |
Triumph Group, Inc. * | 363,486 | 5,052,455 |
Tutor Perini Corp. * | 198,053 | 2,243,941 |
UFP Industries, Inc. | 291,215 | 33,381,975 |
V2X, Inc. * | 53,408 | 2,056,208 |
Valmont Industries, Inc. | 98,242 | 20,820,427 |
Velo3D, Inc. * | 428,633 | 117,060 |
Vicor Corp. * | 106,539 | 3,967,512 |
Virgin Galactic Holdings, Inc. *(a) | 1,667,438 | 2,901,342 |
Wabash National Corp. | 216,071 | 5,894,417 |
Watts Water Technologies, Inc., Class A | 128,774 | 26,263,457 |
Xometry, Inc., Class A * | 193,630 | 3,787,403 |
Zurn Elkay Water Solutions Corp. | 667,954 | 21,207,540 |
2,011,533,557 | ||
Commercial & Professional Services 4.2% | ||
ABM Industries, Inc. | 308,785 | 12,755,908 |
ACCO Brands Corp. | 441,768 | 2,465,065 |
ACV Auctions, Inc., Class A * | 641,918 | 11,394,045 |
Alight, Inc., Class A * | 1,721,626 | 15,511,850 |
ASGN, Inc. * | 222,437 | 22,092,443 |
Barrett Business Services, Inc. | 30,918 | 3,771,687 |
Blacksky Technology, Inc. *(a) | 386,244 | 548,467 |
Brady Corp., Class A | 211,132 | 12,304,773 |
BrightView Holdings, Inc. * | 177,159 | 1,543,055 |
Brink's Co. | 211,850 | 17,547,536 |
Casella Waste Systems, Inc., Class A * | 268,165 | 24,161,667 |
CBIZ, Inc. * | 234,720 | 17,728,402 |
Cimpress PLC * | 84,267 | 8,259,009 |
Clarivate PLC *(a) | 2,029,184 | 14,569,541 |
Concentrix Corp. | 222,339 | 16,108,461 |
Conduent, Inc. * | 797,794 | 2,744,411 |
CoreCivic, Inc. * | 535,349 | 8,153,365 |
CRA International, Inc. | 33,060 | 4,381,772 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
CSG Systems International, Inc. | 133,040 | 7,258,662 |
Deluxe Corp. | 206,614 | 4,010,378 |
Driven Brands Holdings, Inc. * | 283,017 | 3,902,804 |
Dun & Bradstreet Holdings, Inc. | 1,092,616 | 11,516,173 |
Ennis, Inc. | 120,903 | 2,456,749 |
Enviri Corp. * | 371,759 | 2,922,026 |
ExlService Holdings, Inc. * | 775,593 | 24,136,454 |
Exponent, Inc. | 238,746 | 19,312,164 |
First Advantage Corp. | 241,400 | 3,780,324 |
FiscalNote Holdings, Inc. * | 323,393 | 533,598 |
Forrester Research, Inc. * | 53,387 | 1,076,816 |
Franklin Covey Co. * | 52,680 | 2,011,322 |
FTI Consulting, Inc. * | 166,987 | 34,546,271 |
GEO Group, Inc. * | 571,517 | 7,012,514 |
Healthcare Services Group, Inc. * | 345,294 | 4,405,951 |
Heidrick & Struggles International, Inc. | 95,446 | 3,245,164 |
HireRight Holdings Corp. * | 54,902 | 777,961 |
HNI Corp. | 218,917 | 9,809,671 |
Huron Consulting Group, Inc. * | 88,370 | 8,671,748 |
ICF International, Inc. | 81,639 | 12,641,799 |
Insperity, Inc. | 166,492 | 16,947,221 |
Interface, Inc. | 276,024 | 4,339,097 |
Kelly Services, Inc., Class A | 149,037 | 3,655,878 |
Kforce, Inc. | 89,111 | 6,205,690 |
Korn Ferry | 248,331 | 15,808,752 |
LanzaTech Global, Inc. *(a) | 373,693 | 1,203,291 |
Legalzoom.com, Inc. * | 554,610 | 6,877,164 |
Liquidity Services, Inc. * | 104,006 | 1,864,828 |
ManpowerGroup, Inc. | 229,856 | 16,586,409 |
Matthews International Corp., Class A | 143,714 | 4,159,083 |
Maximus, Inc. | 286,276 | 23,949,850 |
MillerKnoll, Inc. | 346,659 | 10,590,432 |
Montrose Environmental Group, Inc. * | 131,487 | 5,440,932 |
MSA Safety, Inc. | 173,863 | 32,016,871 |
NV5 Global, Inc. * | 59,833 | 6,085,614 |
OPENLANE, Inc. * | 510,968 | 7,802,481 |
Parsons Corp. * | 192,817 | 15,542,978 |
Paycor HCM, Inc. * | 300,033 | 6,336,697 |
Pitney Bowes, Inc. | 731,303 | 2,947,151 |
Planet Labs PBC * | 918,418 | 2,011,335 |
Resources Connection, Inc. | 149,214 | 2,063,630 |
Science Applications International Corp. | 249,359 | 34,900,286 |
SP Plus Corp. * | 91,913 | 4,725,247 |
Steelcase, Inc., Class A | 442,758 | 6,083,495 |
Stericycle, Inc. * | 435,553 | 23,689,728 |
Sterling Check Corp. * | 139,151 | 2,180,496 |
TriNet Group, Inc. * | 147,263 | 18,851,137 |
TrueBlue, Inc. * | 143,573 | 1,686,983 |
TTEC Holdings, Inc. | 87,769 | 1,531,569 |
UniFirst Corp. | 70,880 | 11,958,874 |
Upwork, Inc. * | 590,629 | 7,737,240 |
Verra Mobility Corp. * | 781,981 | 16,906,429 |
Vestis Corp. | 614,590 | 11,529,708 |
Viad Corp. * | 99,445 | 3,702,337 |
VSE Corp. | 63,227 | 4,685,121 |
702,674,040 | ||
Consumer Discretionary Distribution & Retail 3.4% | ||
1-800-Flowers.com, Inc., Class A * | 136,791 | 1,425,362 |
Aaron's Co., Inc. | 141,272 | 1,094,858 |
Abercrombie & Fitch Co., Class A * | 237,306 | 30,318,215 |
Academy Sports & Outdoors, Inc. | 350,282 | 26,173,071 |
Advance Auto Parts, Inc. | 279,967 | 18,908,971 |
American Eagle Outfitters, Inc. | 874,114 | 20,760,208 |
America's Car-Mart, Inc. * | 26,948 | 1,814,678 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Arhaus, Inc. * | 190,764 | 2,521,900 |
Arko Corp. | 336,995 | 2,200,577 |
Asbury Automotive Group, Inc. * | 96,708 | 20,195,532 |
AutoNation, Inc. * | 121,804 | 18,246,239 |
BARK, Inc. *(a) | 478,256 | 573,907 |
Beyond, Inc. * | 214,509 | 7,192,487 |
Big Lots, Inc. (a) | 126,514 | 685,706 |
Boot Barn Holdings, Inc. * | 142,880 | 13,216,400 |
Buckle, Inc. | 141,030 | 5,773,768 |
Caleres, Inc. | 156,193 | 6,030,612 |
Camping World Holdings, Inc., Class A | 198,159 | 5,288,864 |
CarParts.com, Inc. * | 243,372 | 620,599 |
Carvana Co. * | 482,953 | 36,670,621 |
Chewy, Inc., Class A * | 566,282 | 9,989,214 |
Children's Place, Inc. *(a) | 57,677 | 1,109,705 |
Designer Brands, Inc., Class A | 205,670 | 2,171,875 |
Dillard's, Inc., Class A | 16,194 | 6,716,138 |
Foot Locker, Inc. | 384,509 | 13,238,645 |
Gap, Inc. | 1,009,691 | 19,123,548 |
Genesco, Inc. * | 50,349 | 1,607,140 |
Group 1 Automotive, Inc. | 64,932 | 17,573,846 |
Groupon, Inc. *(a) | 98,163 | 1,816,997 |
GrowGeneration Corp. * | 278,923 | 596,895 |
Guess?, Inc. | 127,192 | 3,228,133 |
Haverty Furniture Cos., Inc. | 64,153 | 2,200,448 |
Hibbett, Inc. | 58,012 | 4,754,083 |
Kohl's Corp. | 522,000 | 14,548,140 |
Lands' End, Inc. * | 53,074 | 516,410 |
Leslie's, Inc. * | 870,676 | 6,878,340 |
Macy's, Inc. | 1,286,797 | 22,441,740 |
MarineMax, Inc. * | 92,878 | 3,083,550 |
Monro, Inc. | 148,861 | 4,997,264 |
Murphy USA, Inc. | 91,191 | 38,027,559 |
National Vision Holdings, Inc. * | 368,886 | 8,631,932 |
Nordstrom, Inc. | 456,756 | 9,578,173 |
ODP Corp. * | 157,341 | 8,886,620 |
Ollie's Bargain Outlet Holdings, Inc. * | 290,805 | 23,313,837 |
Petco Health & Wellness Co., Inc. * | 394,820 | 1,026,532 |
PetMed Express, Inc. | 102,971 | 521,033 |
Qurate Retail, Inc. * | 1,615,753 | 2,278,212 |
Revolve Group, Inc. * | 185,517 | 4,068,388 |
Sally Beauty Holdings, Inc. * | 508,487 | 6,422,191 |
Savers Value Village, Inc. * | 104,441 | 2,113,886 |
Shoe Carnival, Inc. | 84,660 | 2,774,308 |
Signet Jewelers Ltd. | 210,945 | 21,465,763 |
Sleep Number Corp. * | 98,699 | 1,630,507 |
Sonic Automotive, Inc., Class A | 69,672 | 3,657,780 |
Sportsman's Warehouse Holdings, Inc. * | 164,039 | 592,181 |
Stitch Fix, Inc., Class A * | 430,080 | 1,389,158 |
Torrid Holdings, Inc. *(a) | 39,191 | 197,131 |
Upbound Group, Inc. | 208,489 | 7,038,589 |
Urban Outfitters, Inc. * | 265,686 | 11,039,253 |
Valvoline, Inc. * | 652,705 | 27,831,341 |
Victoria's Secret & Co. * | 363,587 | 10,384,045 |
Warby Parker, Inc., Class A * | 356,056 | 4,525,472 |
Winmark Corp. | 13,500 | 5,123,925 |
Zumiez, Inc. * | 75,644 | 1,332,847 |
560,155,349 | ||
Consumer Durables & Apparel 4.4% | ||
Acushnet Holdings Corp. | 141,984 | 9,146,609 |
AMMO, Inc. * | 405,705 | 965,578 |
Beazer Homes USA, Inc. * | 139,653 | 4,375,328 |
Brunswick Corp. | 323,392 | 28,264,461 |
Capri Holdings Ltd. * | 546,339 | 25,202,618 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Carter's, Inc. | 173,341 | 14,031,954 |
Cavco Industries, Inc. * | 36,400 | 13,561,548 |
Century Communities, Inc. | 133,232 | 11,496,589 |
Columbia Sportswear Co. | 162,433 | 13,431,585 |
Crocs, Inc. * | 284,900 | 34,829,025 |
Dream Finders Homes, Inc., Class A * | 106,425 | 4,164,410 |
Ethan Allen Interiors, Inc. | 106,418 | 3,557,554 |
Figs, Inc., Class A * | 571,473 | 2,988,804 |
Funko, Inc., Class A * | 165,223 | 1,163,170 |
G-III Apparel Group Ltd. * | 191,939 | 6,385,811 |
GoPro, Inc., Class A * | 585,652 | 1,370,426 |
Green Brick Partners, Inc. * | 120,077 | 7,024,504 |
Hanesbrands, Inc. * | 1,649,501 | 8,907,305 |
Helen of Troy Ltd. * | 111,778 | 13,972,250 |
Installed Building Products, Inc. | 111,100 | 26,545,123 |
iRobot Corp. *(a) | 131,405 | 1,499,331 |
Johnson Outdoors, Inc., Class A | 30,675 | 1,409,823 |
KB Home | 360,778 | 23,966,483 |
Kontoor Brands, Inc. | 235,511 | 13,921,055 |
Latham Group, Inc. * | 207,524 | 703,506 |
La-Z-Boy, Inc. | 203,645 | 7,736,474 |
Leggett & Platt, Inc. | 628,330 | 12,830,499 |
Levi Strauss & Co., Class A | 470,199 | 8,543,516 |
LGI Homes, Inc. * | 96,499 | 11,009,571 |
M/I Homes, Inc. * | 130,897 | 16,622,610 |
Malibu Boats, Inc., Class A * | 95,496 | 4,167,445 |
Mattel, Inc. * | 1,664,194 | 32,784,622 |
MDC Holdings, Inc. | 280,989 | 17,618,010 |
Meritage Homes Corp. | 172,792 | 27,242,387 |
Movado Group, Inc. | 72,639 | 2,085,466 |
Newell Brands, Inc. | 1,788,443 | 13,413,322 |
Oxford Industries, Inc. | 69,334 | 7,029,774 |
Peloton Interactive, Inc., Class A * | 1,603,932 | 7,249,773 |
Purple Innovation, Inc. | 254,129 | 472,680 |
PVH Corp. | 284,565 | 38,891,499 |
Ralph Lauren Corp. | 186,847 | 34,738,594 |
Skechers USA, Inc., Class A * | 629,169 | 38,888,936 |
Skyline Champion Corp. * | 251,571 | 21,079,134 |
Smith & Wesson Brands, Inc. | 214,758 | 2,948,627 |
Snap One Holdings Corp. * | 83,233 | 689,169 |
Solo Brands, Inc., Class A * | 138,900 | 375,030 |
Sonos, Inc. * | 604,400 | 11,459,424 |
Steven Madden Ltd. | 330,070 | 14,133,597 |
Sturm Ruger & Co., Inc. | 83,761 | 3,628,526 |
Taylor Morrison Home Corp. * | 505,669 | 28,625,922 |
Topgolf Callaway Brands Corp. * | 665,744 | 9,480,195 |
Traeger, Inc. * | 320,508 | 711,528 |
Tri Pointe Homes, Inc. * | 456,441 | 16,148,883 |
Tupperware Brands Corp. *(a) | 211,908 | 279,719 |
Under Armour, Inc., Class A * | 1,769,985 | 15,859,066 |
Vista Outdoor, Inc. * | 273,036 | 8,518,723 |
Vizio Holding Corp., Class A * | 476,531 | 5,246,606 |
Wolverine World Wide, Inc. | 370,377 | 3,766,734 |
Worthington Enterprises, Inc. | 143,203 | 8,895,770 |
YETI Holdings, Inc. * | 408,632 | 16,770,257 |
722,826,938 | ||
Consumer Services 4.4% | ||
2U, Inc. *(a) | 389,025 | 175,295 |
Accel Entertainment, Inc. * | 259,466 | 2,939,750 |
Adtalem Global Education, Inc. * | 187,778 | 9,295,011 |
Bally's Corp. * | 136,388 | 1,533,001 |
BJ's Restaurants, Inc. * | 109,526 | 3,835,600 |
Bloomin' Brands, Inc. | 409,003 | 11,116,702 |
Bowlero Corp., Class A (a) | 177,911 | 2,214,992 |
Boyd Gaming Corp. | 327,597 | 21,663,990 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Bright Horizons Family Solutions, Inc. * | 272,151 | 31,259,264 |
Brinker International, Inc. * | 208,309 | 9,653,039 |
Carriage Services, Inc. | 63,780 | 1,583,020 |
Cava Group, Inc. * | 69,928 | 4,084,494 |
Cheesecake Factory, Inc. | 220,785 | 7,811,373 |
Chegg, Inc. * | 546,184 | 4,882,885 |
Choice Hotels International, Inc. | 116,843 | 13,079,405 |
Chuy's Holdings, Inc. * | 80,706 | 2,730,284 |
Coursera, Inc. * | 497,782 | 7,999,357 |
Cracker Barrel Old Country Store, Inc. | 104,332 | 6,899,475 |
Dave & Buster's Entertainment, Inc. * | 161,244 | 9,955,205 |
Denny's Corp. * | 248,234 | 2,291,200 |
Dine Brands Global, Inc. | 73,816 | 3,580,814 |
Duolingo, Inc. * | 168,295 | 40,222,505 |
Dutch Bros, Inc., Class A * | 290,350 | 8,457,895 |
El Pollo Loco Holdings, Inc. * | 125,397 | 1,136,097 |
European Wax Center, Inc., Class A * | 163,968 | 2,325,066 |
Everi Holdings, Inc. * | 401,538 | 4,762,241 |
First Watch Restaurant Group, Inc. * | 111,077 | 2,782,479 |
Frontdoor, Inc. * | 374,832 | 11,754,731 |
Global Business Travel Group I * | 215,907 | 1,295,442 |
Golden Entertainment, Inc. | 100,354 | 3,719,119 |
Graham Holdings Co., Class B | 16,798 | 11,797,739 |
Grand Canyon Education, Inc. * | 138,841 | 18,715,767 |
H&R Block, Inc. | 676,917 | 33,135,087 |
Hilton Grand Vacations, Inc. * | 335,192 | 15,043,417 |
Hyatt Hotels Corp., Class A | 208,087 | 31,960,082 |
Jack in the Box, Inc. | 94,883 | 6,926,459 |
Krispy Kreme, Inc. | 397,742 | 5,146,781 |
Kura Sushi USA, Inc., Class A * | 26,417 | 2,510,407 |
Laureate Education, Inc. | 636,419 | 8,534,379 |
Life Time Group Holdings, Inc. * | 275,259 | 3,782,059 |
Light & Wonder, Inc. * | 424,020 | 42,618,250 |
Lindblad Expeditions Holdings, Inc. * | 172,082 | 1,595,200 |
Marriott Vacations Worldwide Corp. | 155,545 | 14,495,239 |
Mister Car Wash, Inc. * | 427,340 | 3,542,649 |
Monarch Casino & Resort, Inc. | 62,407 | 4,390,332 |
OneSpaWorld Holdings Ltd. * | 414,783 | 5,408,770 |
Papa John's International, Inc. | 153,956 | 11,067,897 |
Penn Entertainment, Inc. * | 715,846 | 13,099,982 |
Perdoceo Education Corp. | 310,824 | 5,535,775 |
Planet Fitness, Inc., Class A * | 401,910 | 24,938,515 |
Playa Hotels & Resorts NV * | 505,341 | 4,644,084 |
Portillo's, Inc., Class A * | 228,145 | 3,314,947 |
RCI Hospitality Holdings, Inc. | 40,088 | 2,259,360 |
Red Rock Resorts, Inc., Class A | 229,787 | 13,325,348 |
Rush Street Interactive, Inc. * | 314,727 | 1,841,153 |
Sabre Corp. * | 1,776,767 | 4,708,433 |
Shake Shack, Inc., Class A * | 176,151 | 18,728,374 |
Six Flags Entertainment Corp. * | 337,550 | 8,553,517 |
Strategic Education, Inc. | 103,292 | 11,443,721 |
Stride, Inc. * | 187,108 | 11,179,703 |
Sweetgreen, Inc., Class A * | 431,117 | 5,492,431 |
Target Hospitality Corp. * | 131,992 | 1,277,683 |
Texas Roadhouse, Inc. | 314,405 | 46,962,675 |
Travel & Leisure Co. | 340,926 | 15,235,983 |
Udemy, Inc. * | 409,765 | 4,630,344 |
United Parks & Resorts, Inc. * | 168,910 | 8,673,528 |
Vacasa, Inc., Class A * | 31,064 | 293,555 |
Wendy's Co. | 785,672 | 14,228,520 |
Wingstop, Inc. | 138,478 | 48,612,702 |
WW International, Inc. * | 369,752 | 1,153,626 |
Xponential Fitness, Inc., Class A * | 111,559 | 1,124,515 |
726,968,719 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Consumer Staples Distribution & Retail 0.5% | ||
Andersons, Inc. | 149,710 | 8,275,969 |
Chefs' Warehouse, Inc. * | 166,301 | 6,321,101 |
Grocery Outlet Holding Corp. * | 466,496 | 12,030,932 |
Ingles Markets, Inc., Class A | 68,141 | 5,247,538 |
PriceSmart, Inc. | 118,015 | 9,929,782 |
SpartanNash Co. | 161,279 | 3,398,148 |
Sprouts Farmers Market, Inc. * | 478,009 | 29,846,882 |
United Natural Foods, Inc. * | 278,749 | 4,351,272 |
Weis Markets, Inc. | 77,770 | 5,050,384 |
84,452,008 | ||
Energy 4.9% | ||
Antero Midstream Corp. | 1,604,729 | 21,503,369 |
Archrock, Inc. | 647,452 | 11,828,948 |
Atlas Energy Solutions, Inc. | 247,686 | 4,671,358 |
Berry Corp. | 313,319 | 2,208,899 |
Bristow Group, Inc. * | 111,555 | 3,006,407 |
Cactus, Inc., Class A | 307,847 | 14,130,177 |
California Resources Corp. | 303,780 | 15,848,203 |
Callon Petroleum Co. * | 262,137 | 8,168,189 |
Centrus Energy Corp., Class A * | 59,922 | 2,444,218 |
ChampionX Corp. | 915,962 | 28,449,780 |
Chord Energy Corp. | 194,303 | 31,564,522 |
Civitas Resources, Inc. | 401,603 | 27,582,094 |
Clean Energy Fuels Corp. * | 823,962 | 2,430,688 |
CNX Resources Corp. * | 748,583 | 15,682,814 |
Comstock Resources, Inc. | 436,311 | 3,730,459 |
CONSOL Energy, Inc. | 131,466 | 11,282,412 |
Core Laboratories, Inc. | 221,572 | 3,316,933 |
Crescent Energy Co., Class A | 386,303 | 4,318,868 |
CVR Energy, Inc. | 138,131 | 4,583,187 |
Delek U.S. Holdings, Inc. | 278,644 | 7,108,208 |
Diamond Offshore Drilling, Inc. * | 482,322 | 5,348,951 |
DMC Global, Inc. * | 93,771 | 1,564,100 |
Dorian LPG Ltd. | 160,008 | 5,784,289 |
Dril-Quip, Inc. * | 159,305 | 3,600,293 |
DT Midstream, Inc. | 456,135 | 26,287,060 |
Enviva, Inc. * | 149,114 | 59,601 |
Equitrans Midstream Corp. | 2,041,164 | 21,820,043 |
Excelerate Energy, Inc., Class A | 84,739 | 1,330,402 |
Expro Group Holdings NV * | 405,170 | 7,248,491 |
Granite Ridge Resources, Inc. | 118,875 | 731,081 |
Green Plains, Inc. * | 303,442 | 6,463,315 |
Gulfport Energy Corp. * | 46,544 | 6,608,783 |
Helix Energy Solutions Group, Inc. * | 668,467 | 6,016,203 |
Helmerich & Payne, Inc. | 468,879 | 18,000,265 |
HighPeak Energy, Inc. (a) | 83,699 | 1,386,892 |
International Seaways, Inc. | 176,783 | 9,357,124 |
Kinetik Holdings, Inc. | 104,476 | 3,690,092 |
Kodiak Gas Services, Inc. | 75,373 | 1,922,012 |
Kosmos Energy Ltd. * | 2,169,110 | 13,318,335 |
Liberty Energy, Inc. | 722,745 | 15,452,288 |
Magnolia Oil & Gas Corp., Class A | 873,211 | 19,804,425 |
Matador Resources Co. | 521,396 | 32,926,157 |
Murphy Oil Corp. | 689,939 | 27,369,880 |
Nabors Industries Ltd. * | 41,752 | 3,272,104 |
NextDecade Corp. * | 348,512 | 1,599,670 |
Noble Corp. PLC | 510,129 | 21,328,493 |
Northern Oil & Gas, Inc. | 430,268 | 15,373,476 |
Oceaneering International, Inc. * | 472,788 | 9,342,291 |
Par Pacific Holdings, Inc. * | 262,490 | 9,481,139 |
Patterson-UTI Energy, Inc. | 1,512,056 | 17,494,488 |
PBF Energy, Inc., Class A | 512,227 | 23,921,001 |
Peabody Energy Corp. | 518,787 | 12,850,354 |
Permian Resources Corp. | 1,956,609 | 30,444,836 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
ProFrac Holding Corp., Class A * | 96,139 | 786,417 |
ProPetro Holding Corp. * | 398,513 | 2,948,996 |
REX American Resources Corp. * | 72,556 | 3,191,013 |
Riley Exploration Permian, Inc. | 18,603 | 439,961 |
RPC, Inc. | 405,016 | 2,993,068 |
SandRidge Energy, Inc. | 146,527 | 1,910,712 |
Select Water Solutions, Inc. | 376,750 | 3,217,445 |
SilverBow Resources, Inc. * | 71,596 | 2,032,610 |
Sitio Royalties Corp., Class A | 383,933 | 8,761,351 |
SM Energy Co. | 547,206 | 23,951,207 |
Southwestern Energy Co. * | 5,188,211 | 36,161,831 |
Talos Energy, Inc. * | 618,453 | 8,157,395 |
Tellurian, Inc. * | 2,983,456 | 2,368,566 |
TETRA Technologies, Inc. * | 544,098 | 2,121,982 |
Tidewater, Inc. * | 228,428 | 15,996,813 |
Transocean Ltd. * | 3,348,755 | 15,705,661 |
U.S. Silica Holdings, Inc. * | 360,067 | 4,140,771 |
Uranium Energy Corp. * | 1,817,147 | 11,775,113 |
Valaris Ltd. * | 295,014 | 18,600,633 |
Vital Energy, Inc. * | 115,938 | 5,835,160 |
Weatherford International PLC * | 339,709 | 34,857,541 |
World Kinect Corp. | 284,004 | 6,918,337 |
817,930,250 | ||
Equity Real Estate Investment Trusts (REITs) 5.2% | ||
Acadia Realty Trust | 448,230 | 7,346,490 |
Agree Realty Corp. | 472,617 | 25,970,304 |
Alexander & Baldwin, Inc. | 341,278 | 5,549,180 |
Alexander's, Inc. | 10,024 | 2,215,805 |
American Assets Trust, Inc. | 230,118 | 4,963,645 |
Apartment Investment & Management Co., Class A * | 634,574 | 4,683,156 |
Apple Hospitality REIT, Inc. | 1,004,020 | 16,154,682 |
Armada Hoffler Properties, Inc. | 315,101 | 3,207,728 |
Brandywine Realty Trust | 801,431 | 3,446,153 |
Brixmor Property Group, Inc. | 1,416,305 | 32,022,656 |
Broadstone Net Lease, Inc. | 879,083 | 13,107,128 |
CareTrust REIT, Inc. | 561,301 | 12,662,951 |
CBL & Associates Properties, Inc. | 115,979 | 2,674,476 |
Centerspace | 70,706 | 3,930,547 |
Chatham Lodging Trust | 226,802 | 2,313,380 |
City Office REIT, Inc. | 188,076 | 861,388 |
Community Healthcare Trust, Inc. | 120,521 | 3,270,940 |
COPT Defense Properties | 528,172 | 12,797,608 |
Cousins Properties, Inc. | 715,993 | 16,331,800 |
DiamondRock Hospitality Co. | 986,422 | 9,272,367 |
Diversified Healthcare Trust | 1,006,377 | 3,300,917 |
Douglas Emmett, Inc. | 782,521 | 10,344,928 |
Easterly Government Properties, Inc. | 448,351 | 5,290,542 |
Elme Communities | 413,555 | 5,326,588 |
Empire Resorts, Inc. *(a)(b) | 17,021 | 41,796 |
Empire State Realty Trust, Inc., Class A | 612,784 | 6,109,457 |
EPR Properties | 355,395 | 14,599,627 |
Equity Commonwealth * | 503,630 | 9,483,353 |
Essential Properties Realty Trust, Inc. | 735,554 | 17,572,385 |
First Industrial Realty Trust, Inc. | 621,988 | 32,965,364 |
Four Corners Property Trust, Inc. | 426,535 | 10,313,616 |
Franklin Street Properties Corp., Class C | 437,829 | 1,037,655 |
Getty Realty Corp. | 225,129 | 5,934,400 |
Gladstone Commercial Corp. | 185,536 | 2,296,936 |
Global Medical REIT, Inc. | 286,612 | 2,565,177 |
Global Net Lease, Inc. | 925,191 | 6,670,627 |
Highwoods Properties, Inc. | 496,437 | 12,137,885 |
Hudson Pacific Properties, Inc. | 593,072 | 3,760,076 |
Independence Realty Trust, Inc. | 1,058,803 | 15,500,876 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Industrial Logistics Properties Trust | 275,516 | 1,055,226 |
Innovative Industrial Properties, Inc. | 131,779 | 12,913,024 |
InvenTrust Properties Corp. | 318,081 | 8,031,545 |
JBG SMITH Properties | 409,719 | 6,793,141 |
Kilroy Realty Corp. | 502,672 | 19,046,242 |
Kite Realty Group Trust | 1,033,424 | 22,125,608 |
LTC Properties, Inc. | 195,412 | 6,147,662 |
LXP Industrial Trust | 1,373,381 | 11,893,479 |
Macerich Co. | 1,014,884 | 16,654,246 |
Medical Properties Trust, Inc. (a) | 2,816,815 | 11,858,791 |
National Health Investors, Inc. | 203,686 | 11,705,834 |
National Storage Affiliates Trust | 364,385 | 13,048,627 |
NETSTREIT Corp. | 322,116 | 5,414,770 |
NexPoint Diversified Real Estate Trust (a) | 153,513 | 971,737 |
NexPoint Residential Trust, Inc. | 106,361 | 3,106,805 |
Office Properties Income Trust | 225,668 | 602,534 |
One Liberty Properties, Inc. | 74,491 | 1,507,698 |
Orion Office REIT, Inc. | 262,032 | 919,732 |
Outfront Media, Inc. | 683,994 | 9,828,994 |
Paramount Group, Inc. | 769,524 | 3,408,991 |
Park Hotels & Resorts, Inc. | 989,279 | 16,422,031 |
Peakstone Realty Trust (a) | 167,638 | 2,308,375 |
Pebblebrook Hotel Trust | 567,157 | 8,983,767 |
Phillips Edison & Co., Inc. | 562,599 | 20,096,036 |
Piedmont Office Realty Trust, Inc., Class A | 587,864 | 3,685,907 |
Plymouth Industrial REIT, Inc. | 173,982 | 3,752,792 |
PotlatchDeltic Corp. | 373,322 | 16,877,888 |
Rayonier, Inc. | 642,665 | 22,126,956 |
Retail Opportunity Investments Corp. | 594,145 | 7,682,295 |
RLJ Lodging Trust | 731,859 | 8,687,166 |
Ryman Hospitality Properties, Inc. | 280,800 | 33,269,184 |
Sabra Health Care REIT, Inc. | 1,090,318 | 15,133,614 |
Safehold, Inc. | 209,081 | 4,206,710 |
Saul Centers, Inc. | 59,900 | 2,167,781 |
Service Properties Trust | 782,807 | 5,323,088 |
SITE Centers Corp. | 845,982 | 11,488,436 |
SL Green Realty Corp. (a) | 302,609 | 14,670,484 |
STAG Industrial, Inc. | 855,508 | 31,773,567 |
Summit Hotel Properties, Inc. | 512,375 | 3,289,448 |
Sunstone Hotel Investors, Inc. | 970,063 | 10,855,005 |
Tanger, Inc. | 496,578 | 14,306,412 |
Terreno Realty Corp. | 394,897 | 25,391,877 |
UMH Properties, Inc. | 293,904 | 4,526,122 |
Uniti Group, Inc. | 1,129,026 | 6,616,092 |
Universal Health Realty Income Trust | 58,902 | 2,284,220 |
Urban Edge Properties | 553,633 | 9,417,297 |
Veris Residential, Inc. | 378,847 | 5,531,166 |
Vornado Realty Trust | 751,551 | 19,765,791 |
Xenia Hotels & Resorts, Inc. | 498,073 | 7,640,440 |
853,349,222 | ||
Financial Services 6.4% | ||
Affiliated Managers Group, Inc. | 158,890 | 24,836,096 |
Affirm Holdings, Inc. * | 1,037,631 | 38,931,915 |
Alerus Financial Corp. | 82,440 | 1,798,016 |
AlTi Global, Inc. *(a) | 128,041 | 750,320 |
A-Mark Precious Metals, Inc. | 82,261 | 2,113,285 |
Apollo Commercial Real Estate Finance, Inc. | 614,182 | 6,884,980 |
Arbor Realty Trust, Inc. (a) | 889,284 | 11,916,406 |
ARMOUR Residential REIT, Inc. (a) | 230,230 | 4,558,554 |
Artisan Partners Asset Management, Inc., Class A | 323,198 | 13,920,138 |
AssetMark Financial Holdings, Inc. * | 105,915 | 3,744,095 |
AvidXchange Holdings, Inc. * | 800,095 | 10,633,263 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
B Riley Financial, Inc. (a) | 78,510 | 1,439,088 |
BGC Group, Inc., Class A | 1,823,283 | 12,671,817 |
Blackstone Mortgage Trust, Inc., Class A (a) | 812,589 | 16,552,438 |
Blue Owl Capital, Inc. | 1,908,793 | 34,281,922 |
Bread Financial Holdings, Inc. | 231,240 | 8,851,867 |
Brightsphere Investment Group, Inc. | 154,041 | 3,490,569 |
BrightSpire Capital, Inc. | 617,469 | 4,266,711 |
Cannae Holdings, Inc. * | 309,706 | 6,757,785 |
Cantaloupe, Inc. * | 257,536 | 1,673,984 |
Cass Information Systems, Inc. | 56,518 | 2,730,950 |
Chimera Investment Corp. | 1,057,814 | 4,612,069 |
Claros Mortgage Trust, Inc. | 569,116 | 5,509,043 |
Cohen & Steers, Inc. | 120,381 | 8,854,023 |
Diamond Hill Investment Group, Inc. | 13,792 | 1,995,427 |
Donnelley Financial Solutions, Inc. * | 115,746 | 7,472,562 |
Dynex Capital, Inc. (a) | 266,588 | 3,289,696 |
Ellington Financial, Inc. | 367,349 | 4,162,064 |
Enact Holdings, Inc. | 143,918 | 3,989,407 |
Encore Capital Group, Inc. * | 111,074 | 5,331,552 |
Enova International, Inc. * | 141,158 | 8,928,244 |
Essent Group Ltd. | 501,928 | 26,888,283 |
Euronet Worldwide, Inc. * | 205,800 | 22,522,752 |
Evercore, Inc., Class A | 162,884 | 30,472,339 |
EVERTEC, Inc. | 310,080 | 11,203,190 |
Federal Agricultural Mortgage Corp., Class C | 47,891 | 8,566,263 |
Federated Hermes, Inc. | 406,581 | 14,323,849 |
FirstCash Holdings, Inc. | 174,319 | 19,959,525 |
Flywire Corp. * | 501,669 | 14,242,383 |
Forge Global Holdings, Inc. * | 545,400 | 1,134,432 |
Franklin BSP Realty Trust, Inc. | 383,418 | 4,949,926 |
Granite Point Mortgage Trust, Inc. | 237,894 | 1,127,618 |
Green Dot Corp., Class A * | 209,733 | 1,721,908 |
Hamilton Lane, Inc., Class A | 172,405 | 19,800,714 |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 523,877 | 13,185,984 |
Houlihan Lokey, Inc. | 242,639 | 31,217,934 |
International Money Express, Inc. * | 164,872 | 3,247,978 |
Invesco Mortgage Capital, Inc. | 228,651 | 2,064,719 |
Jackson Financial, Inc., Class A | 332,708 | 18,315,575 |
Janus Henderson Group PLC | 623,930 | 19,441,659 |
KKR Real Estate Finance Trust, Inc. | 270,690 | 2,639,228 |
Ladder Capital Corp. | 534,556 | 5,778,550 |
Lazard, Inc., Class A | 530,996 | 20,464,586 |
LendingClub Corp. * | 518,712 | 4,206,754 |
LendingTree, Inc. * | 51,623 | 2,042,722 |
Marqeta, Inc., Class A * | 2,003,806 | 13,084,853 |
Merchants Bancorp | 122,705 | 5,259,136 |
MFA Financial, Inc. | 482,737 | 5,416,309 |
MGIC Investment Corp. | 1,303,230 | 25,921,245 |
Moelis & Co., Class A | 313,958 | 16,966,290 |
Moneylion, Inc. * | 24,447 | 1,223,328 |
Mr Cooper Group, Inc. * | 310,454 | 22,129,161 |
Navient Corp. | 396,996 | 6,455,155 |
NCR Atleos Corp. * | 316,120 | 6,878,771 |
Nelnet, Inc., Class A | 84,141 | 7,225,188 |
NerdWallet, Inc., Class A * | 180,331 | 3,042,184 |
New York Mortgage Trust, Inc. | 425,157 | 3,065,382 |
NewtekOne, Inc. (a) | 108,844 | 1,256,060 |
NMI Holdings, Inc., Class A * | 380,521 | 11,446,072 |
OneMain Holdings, Inc. | 563,747 | 26,625,771 |
Open Lending Corp., Class A * | 461,741 | 3,352,240 |
Payoneer Global, Inc. * | 1,219,919 | 5,928,806 |
PennyMac Financial Services, Inc. | 135,875 | 11,539,864 |
PennyMac Mortgage Investment Trust | 410,510 | 5,800,506 |
Piper Sandler Cos. | 70,976 | 13,362,652 |
PJT Partners, Inc., Class A | 104,832 | 11,049,293 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
PRA Group, Inc. * | 183,420 | 4,688,215 |
PROG Holdings, Inc. * | 209,299 | 6,461,060 |
Radian Group, Inc. | 719,798 | 20,974,914 |
Ready Capital Corp. | 744,872 | 6,577,220 |
Redwood Trust, Inc. | 558,095 | 3,421,122 |
Remitly Global, Inc. * | 637,112 | 13,137,249 |
Repay Holdings Corp. * | 351,321 | 3,052,979 |
Rithm Capital Corp. | 2,276,307 | 24,675,168 |
Rocket Cos., Inc., Class A * | 593,633 | 7,456,030 |
Shift4 Payments, Inc., Class A * | 267,359 | 21,982,257 |
SLM Corp. | 1,064,641 | 22,176,472 |
StepStone Group, Inc., Class A | 243,466 | 8,455,574 |
Stifel Financial Corp. | 480,418 | 36,444,509 |
StoneX Group, Inc. * | 126,305 | 8,747,884 |
TPG RE Finance Trust, Inc. | 282,968 | 2,116,601 |
TPG, Inc. | 359,666 | 15,951,187 |
Two Harbors Investment Corp. | 453,024 | 5,739,814 |
Upstart Holdings, Inc. *(a) | 345,586 | 8,898,840 |
UWM Holdings Corp. (a) | 435,801 | 2,780,410 |
Victory Capital Holdings, Inc., Class A | 173,939 | 6,684,476 |
Virtu Financial, Inc., Class A | 423,979 | 7,652,821 |
Virtus Investment Partners, Inc. | 31,930 | 7,417,978 |
Walker & Dunlop, Inc. | 157,194 | 14,993,164 |
Waterstone Financial, Inc. | 91,126 | 1,152,744 |
Western Union Co. | 1,712,315 | 22,962,144 |
WisdomTree, Inc. | 519,937 | 4,190,692 |
World Acceptance Corp. * | 16,113 | 1,929,693 |
1,064,216,640 | ||
Food, Beverage & Tobacco 1.6% | ||
B&G Foods, Inc. | 368,995 | 4,261,892 |
Benson Hill, Inc. * | 499,129 | 123,534 |
Beyond Meat, Inc. *(a) | 303,096 | 3,240,096 |
Boston Beer Co., Inc., Class A * | 44,199 | 13,619,480 |
BRC, Inc., Class A *(a) | 200,782 | 829,230 |
Calavo Growers, Inc. | 82,492 | 2,380,719 |
Cal-Maine Foods, Inc. | 190,937 | 10,976,968 |
Coca-Cola Consolidated, Inc. | 22,030 | 18,522,824 |
Duckhorn Portfolio, Inc. * | 198,221 | 1,885,082 |
Flowers Foods, Inc. | 905,643 | 20,304,516 |
Fresh Del Monte Produce, Inc. | 160,107 | 3,831,361 |
Freshpet, Inc. * | 226,899 | 25,646,394 |
Hain Celestial Group, Inc. * | 423,634 | 4,236,340 |
Ingredion, Inc. | 307,078 | 36,121,585 |
J & J Snack Foods Corp. | 72,354 | 10,497,118 |
John B Sanfilippo & Son, Inc. | 42,561 | 4,356,970 |
Lancaster Colony Corp. | 95,977 | 19,859,561 |
MGP Ingredients, Inc. | 73,629 | 6,271,718 |
Mission Produce, Inc. * | 197,375 | 2,082,306 |
National Beverage Corp. * | 109,580 | 5,768,291 |
Pilgrim's Pride Corp. * | 190,568 | 6,067,685 |
Seaboard Corp. | 1,139 | 3,744,565 |
Simply Good Foods Co. * | 427,100 | 15,153,508 |
Sovos Brands, Inc. * | 295,047 | 6,724,121 |
Tootsie Roll Industries, Inc. | 80,992 | 2,633,860 |
TreeHouse Foods, Inc. * | 235,898 | 8,442,789 |
Turning Point Brands, Inc. | 84,862 | 2,147,009 |
Universal Corp. | 114,839 | 5,513,420 |
Utz Brands, Inc. | 318,383 | 5,632,195 |
Vector Group Ltd. | 622,978 | 6,952,435 |
Vita Coco Co., Inc. * | 144,705 | 3,776,801 |
Vital Farms, Inc. * | 129,992 | 2,335,956 |
Westrock Coffee Co. *(a) | 142,121 | 1,438,265 |
WK Kellogg Co. | 308,903 | 4,522,340 |
269,900,934 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Health Care Equipment & Services 5.6% | ||
23andMe Holding Co., Class A * | 1,489,621 | 849,084 |
Acadia Healthcare Co., Inc. * | 434,372 | 36,248,343 |
Accolade, Inc. * | 329,162 | 3,373,911 |
AdaptHealth Corp. * | 381,340 | 3,901,108 |
Addus HomeCare Corp. * | 76,304 | 7,041,333 |
Agiliti, Inc. * | 163,143 | 1,610,221 |
AirSculpt Technologies, Inc. *(a) | 57,702 | 364,100 |
Alignment Healthcare, Inc. * | 456,645 | 2,739,870 |
Alphatec Holdings, Inc. * | 454,599 | 6,105,265 |
Amedisys, Inc. * | 153,922 | 14,317,824 |
American Well Corp., Class A * | 1,209,786 | 1,306,569 |
AMN Healthcare Services, Inc. * | 177,732 | 10,000,980 |
AngioDynamics, Inc. * | 193,746 | 1,063,666 |
Artivion, Inc. * | 181,650 | 3,505,845 |
Astrana Health, Inc. * | 194,778 | 8,772,801 |
AtriCure, Inc. * | 222,959 | 7,796,876 |
Atrion Corp. | 6,275 | 2,309,137 |
Avanos Medical, Inc. * | 218,070 | 4,049,560 |
Aveanna Healthcare Holdings, Inc. * | 223,776 | 530,349 |
Axogen, Inc. * | 204,759 | 2,162,255 |
Axonics, Inc. * | 238,949 | 16,234,195 |
Bioventus, Inc., Class A * | 149,265 | 691,097 |
Brookdale Senior Living, Inc. * | 880,790 | 5,038,119 |
Butterfly Network, Inc. *(a) | 714,888 | 850,717 |
Castle Biosciences, Inc. * | 128,648 | 2,323,383 |
Certara, Inc. * | 505,041 | 8,525,092 |
Cerus Corp. * | 861,623 | 1,878,338 |
Clover Health Investments Corp. * | 1,573,666 | 1,359,490 |
Community Health Systems, Inc. * | 593,054 | 1,654,621 |
Computer Programs & Systems, Inc. * | 68,720 | 608,859 |
CONMED Corp. | 144,983 | 11,645,035 |
CorVel Corp. * | 42,675 | 10,412,700 |
Cross Country Healthcare, Inc. * | 153,471 | 2,803,915 |
Definitive Healthcare Corp. * | 229,492 | 2,184,764 |
DocGo, Inc. * | 406,235 | 1,653,376 |
Doximity, Inc., Class A * | 555,860 | 15,691,928 |
Embecta Corp. | 267,803 | 3,824,227 |
Enovis Corp. * | 234,131 | 14,003,375 |
Ensign Group, Inc. | 265,957 | 33,223,348 |
Envista Holdings Corp. * | 807,870 | 16,682,516 |
Evolent Health, Inc., Class A * | 540,938 | 18,343,208 |
Fulgent Genetics, Inc. * | 94,655 | 2,135,417 |
Glaukos Corp. * | 229,077 | 20,293,931 |
Globus Medical, Inc., Class A * | 542,277 | 29,277,535 |
GoodRx Holdings, Inc., Class A * | 375,374 | 2,924,163 |
Guardant Health, Inc. * | 555,814 | 10,560,466 |
Haemonetics Corp. * | 239,070 | 17,447,329 |
Health Catalyst, Inc. * | 267,279 | 2,223,761 |
HealthEquity, Inc. * | 403,400 | 33,324,874 |
HealthStream, Inc. | 112,632 | 3,072,601 |
Hims & Hers Health, Inc. * | 691,735 | 9,020,224 |
ICU Medical, Inc. * | 95,730 | 10,456,588 |
Inari Medical, Inc. * | 240,790 | 11,105,235 |
Innovage Holding Corp. * | 77,980 | 377,423 |
Inspire Medical Systems, Inc. * | 138,749 | 24,841,621 |
Integer Holdings Corp. * | 156,912 | 17,305,825 |
Integra LifeSciences Holdings Corp. * | 319,464 | 11,791,416 |
iRhythm Technologies, Inc. * | 144,007 | 17,086,431 |
Lantheus Holdings, Inc. * | 322,762 | 21,102,180 |
LeMaitre Vascular, Inc. | 93,754 | 6,562,780 |
LifeStance Health Group, Inc. *(a) | 423,187 | 3,533,611 |
LivaNova PLC * | 254,203 | 13,932,866 |
Merit Medical Systems, Inc. * | 271,498 | 20,688,148 |
ModivCare, Inc. * | 57,306 | 1,606,860 |
Multiplan Corp. * | 1,275,721 | 1,428,808 |
National HealthCare Corp. | 63,824 | 6,296,876 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
National Research Corp. | 67,394 | 2,717,326 |
Neogen Corp. * | 928,729 | 15,964,852 |
NeoGenomics, Inc. * | 601,524 | 9,383,774 |
Nevro Corp. * | 168,495 | 2,453,287 |
Novocure Ltd. * | 457,512 | 7,004,509 |
OmniAb, Inc., Class A *(b) | 25,234 | 0 |
OmniAb, Inc., Class B *(b) | 25,234 | 0 |
Omnicell, Inc. * | 213,557 | 5,603,736 |
OPKO Health, Inc. *(a) | 2,107,798 | 2,107,798 |
Option Care Health, Inc. * | 832,784 | 26,873,940 |
OraSure Technologies, Inc. * | 341,992 | 2,460,632 |
Orchestra BioMed Holdings, Inc. * | 120,669 | 777,108 |
Orthofix Medical, Inc. * | 171,523 | 2,240,090 |
OrthoPediatrics Corp. * | 72,765 | 1,998,127 |
Outset Medical, Inc. * | 232,072 | 731,027 |
Owens & Minor, Inc. * | 360,994 | 8,782,984 |
Paragon 28, Inc. * | 173,231 | 2,161,923 |
Patterson Cos., Inc. | 401,815 | 10,885,168 |
Pediatrix Medical Group, Inc. * | 393,378 | 3,599,409 |
Pennant Group, Inc. * | 142,863 | 2,664,395 |
PetIQ, Inc. * | 119,604 | 2,177,989 |
Phreesia, Inc. * | 245,700 | 6,081,075 |
Premier, Inc., Class A | 562,369 | 11,731,017 |
Privia Health Group, Inc. * | 483,880 | 10,800,202 |
PROCEPT BioRobotics Corp. * | 206,255 | 9,970,367 |
Progyny, Inc. * | 391,444 | 14,295,535 |
Pulmonx Corp. * | 182,074 | 1,678,722 |
QuidelOrtho Corp. * | 233,531 | 10,649,014 |
RadNet, Inc. * | 284,941 | 10,787,866 |
RxSight, Inc. * | 106,473 | 5,810,232 |
Schrodinger, Inc. * | 257,681 | 6,560,558 |
Select Medical Holdings Corp. | 493,487 | 13,437,651 |
Semler Scientific, Inc. * | 23,961 | 1,130,240 |
Senseonics Holdings, Inc. *(a) | 2,489,913 | 1,748,168 |
Sharecare, Inc. * | 1,389,513 | 1,306,142 |
SI-BONE, Inc. * | 174,544 | 3,028,338 |
Sight Sciences, Inc. * | 143,420 | 576,548 |
Silk Road Medical, Inc. * | 181,209 | 3,259,950 |
Simulations Plus, Inc. | 76,040 | 3,155,660 |
STAAR Surgical Co. * | 230,992 | 7,216,190 |
Surgery Partners, Inc. * | 345,469 | 10,719,903 |
Surmodics, Inc. * | 65,776 | 2,098,254 |
Tandem Diabetes Care, Inc. * | 304,910 | 8,119,753 |
Teladoc Health, Inc. * | 777,873 | 11,730,325 |
Tenet Healthcare Corp. * | 478,163 | 44,469,159 |
TransMedics Group, Inc. * | 153,850 | 12,554,160 |
Treace Medical Concepts, Inc. * | 201,877 | 2,713,227 |
U.S. Physical Therapy, Inc. | 70,789 | 7,522,747 |
UFP Technologies, Inc. * | 33,067 | 6,888,187 |
Varex Imaging Corp. * | 192,101 | 3,304,137 |
Zimvie, Inc. * | 123,196 | 2,088,172 |
932,097,942 | ||
Household & Personal Products 1.1% | ||
Beauty Health Co. * | 384,101 | 1,279,056 |
BellRing Brands, Inc. * | 619,155 | 35,260,877 |
Central Garden & Pet Co. * | 44,337 | 1,945,064 |
Central Garden & Pet Co., Class A * | 251,231 | 9,468,897 |
Edgewell Personal Care Co. | 238,485 | 9,107,742 |
elf Beauty, Inc. * | 259,812 | 54,178,597 |
Energizer Holdings, Inc. | 312,046 | 8,908,913 |
Herbalife Ltd. * | 464,895 | 4,105,023 |
Inter Parfums, Inc. | 84,486 | 12,395,786 |
Medifast, Inc. | 50,648 | 2,030,478 |
Nu Skin Enterprises, Inc., Class A | 231,919 | 2,898,988 |
Olaplex Holdings, Inc. * | 549,718 | 1,022,476 |
Spectrum Brands Holdings, Inc. | 168,427 | 13,544,899 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
USANA Health Sciences, Inc. * | 51,982 | 2,508,651 |
WD-40 Co. | 63,897 | 17,149,316 |
175,804,763 | ||
Insurance 2.9% | ||
Ambac Financial Group, Inc. * | 211,036 | 3,452,549 |
American Equity Investment Life Holding Co. * | 293,552 | 16,303,878 |
AMERISAFE, Inc. | 90,680 | 4,784,277 |
Assured Guaranty Ltd. | 255,656 | 23,418,090 |
Axis Capital Holdings Ltd. | 365,196 | 22,850,314 |
Brighthouse Financial, Inc. * | 301,351 | 14,027,889 |
BRP Group, Inc., Class A * | 303,975 | 8,456,584 |
CNO Financial Group, Inc. | 526,822 | 14,060,879 |
Employers Holdings, Inc. | 121,204 | 5,540,235 |
Enstar Group Ltd. * | 62,692 | 19,305,374 |
F&G Annuities & Life, Inc. | 83,376 | 3,149,945 |
First American Financial Corp. | 485,008 | 28,329,317 |
Genworth Financial, Inc., Class A * | 2,126,718 | 13,079,316 |
Goosehead Insurance, Inc., Class A * | 115,533 | 8,740,071 |
Hagerty, Inc., Class A *(a) | 109,976 | 944,694 |
Hanover Insurance Group, Inc. | 168,375 | 22,136,261 |
Hippo Holdings, Inc. * | 73,495 | 1,032,605 |
Horace Mann Educators Corp. | 192,186 | 6,955,211 |
James River Group Holdings Ltd. | 175,131 | 1,749,559 |
Kemper Corp. | 283,635 | 16,260,795 |
Lemonade, Inc. *(a) | 292,079 | 4,743,363 |
Lincoln National Corp. | 798,951 | 22,003,111 |
MBIA, Inc. | 207,794 | 1,356,895 |
Mercury General Corp. | 125,518 | 6,111,471 |
National Western Life Group, Inc., Class A | 10,558 | 5,126,754 |
Oscar Health, Inc., Class A * | 674,546 | 10,968,118 |
Palomar Holdings, Inc. * | 116,145 | 8,843,280 |
Primerica, Inc. | 164,987 | 40,464,712 |
ProAssurance Corp. | 237,257 | 2,925,379 |
RLI Corp. | 188,821 | 27,652,835 |
Ryan Specialty Holdings, Inc. * | 478,495 | 25,063,568 |
Safety Insurance Group, Inc. | 69,676 | 5,724,580 |
Selective Insurance Group, Inc. | 285,039 | 29,780,875 |
Selectquote, Inc. * | 649,459 | 1,259,950 |
SiriusPoint Ltd. * | 424,069 | 5,203,327 |
Skyward Specialty Insurance Group, Inc. * | 151,720 | 5,551,435 |
Stewart Information Services Corp. | 128,876 | 8,116,610 |
Trupanion, Inc. *(a) | 168,586 | 4,509,676 |
United Fire Group, Inc. | 98,506 | 2,294,205 |
White Mountains Insurance Group Ltd. | 11,878 | 20,969,896 |
473,247,883 | ||
Materials 5.1% | ||
AdvanSix, Inc. | 126,622 | 3,542,884 |
Alpha Metallurgical Resources, Inc. | 55,562 | 20,960,764 |
Arcadium Lithium PLC * | 4,835,570 | 26,547,279 |
Arch Resources, Inc. | 86,365 | 14,275,271 |
Ashland, Inc. | 241,265 | 22,592,055 |
ATI, Inc. * | 599,757 | 29,496,049 |
Avient Corp. | 429,441 | 17,383,772 |
Balchem Corp. | 151,650 | 23,837,863 |
Cabot Corp. | 259,865 | 22,075,532 |
Carpenter Technology Corp. | 232,257 | 15,015,415 |
Century Aluminum Co. * | 241,132 | 2,524,652 |
Chemours Co. | 697,901 | 13,727,713 |
Clearwater Paper Corp. * | 77,677 | 3,051,929 |
Coeur Mining, Inc. * | 1,796,469 | 4,652,855 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Commercial Metals Co. | 549,521 | 29,674,134 |
Compass Minerals International, Inc. | 157,318 | 3,586,850 |
Danimer Scientific, Inc. *(a) | 409,380 | 548,569 |
Eagle Materials, Inc. | 164,282 | 41,653,701 |
Ecovyst, Inc. * | 478,979 | 4,622,147 |
Element Solutions, Inc. | 1,045,919 | 24,579,096 |
Ginkgo Bioworks Holdings, Inc. *(a) | 6,309,664 | 9,590,689 |
Graphic Packaging Holding Co. | 1,441,444 | 37,405,472 |
Greif, Inc., Class A | 144,489 | 9,313,761 |
Hawkins, Inc. | 89,534 | 6,289,763 |
Haynes International, Inc. | 59,314 | 3,525,031 |
HB Fuller Co. | 254,470 | 20,237,999 |
Hecla Mining Co. | 2,657,728 | 9,408,357 |
Huntsman Corp. | 779,098 | 19,944,909 |
Ingevity Corp. * | 158,577 | 7,243,797 |
Innospec, Inc. | 117,150 | 14,558,230 |
Kaiser Aluminum Corp. | 75,795 | 5,496,653 |
Knife River Corp. * | 266,558 | 19,749,282 |
Koppers Holdings, Inc. | 98,720 | 5,589,526 |
Kronos Worldwide, Inc. | 98,401 | 894,465 |
Louisiana-Pacific Corp. | 301,983 | 22,337,683 |
LSB Industries, Inc. * | 249,661 | 1,837,505 |
Materion Corp. | 97,025 | 13,032,398 |
Mativ Holdings, Inc. | 254,419 | 4,419,258 |
Mercer International, Inc. | 205,191 | 1,883,653 |
Metallus, Inc. * | 179,748 | 3,909,519 |
Minerals Technologies, Inc. | 153,081 | 11,076,941 |
MP Materials Corp. * | 676,562 | 10,290,508 |
Myers Industries, Inc. | 175,346 | 3,371,904 |
NewMarket Corp. | 32,511 | 20,861,333 |
O-I Glass, Inc. * | 729,240 | 12,338,741 |
Olin Corp. | 576,051 | 30,991,544 |
Orion SA | 274,078 | 6,177,718 |
Pactiv Evergreen, Inc. | 182,446 | 2,691,079 |
Perimeter Solutions SA * | 685,160 | 4,165,773 |
Piedmont Lithium, Inc. * | 84,006 | 1,223,127 |
PureCycle Technologies, Inc. *(a) | 649,956 | 3,763,245 |
Quaker Chemical Corp. | 65,088 | 13,050,144 |
Radius Recycling, Inc., Class A | 119,642 | 2,364,126 |
Ranpak Holdings Corp. * | 192,638 | 915,031 |
Ryerson Holding Corp. | 136,194 | 4,301,007 |
Scotts Miracle-Gro Co. | 195,314 | 12,832,130 |
Sensient Technologies Corp. | 199,449 | 13,339,149 |
Silgan Holdings, Inc. | 380,081 | 16,689,357 |
Stepan Co. | 99,799 | 8,902,071 |
Summit Materials, Inc., Class A * | 562,353 | 24,018,097 |
SunCoke Energy, Inc. | 397,062 | 4,252,534 |
Sylvamo Corp. | 166,561 | 10,061,950 |
TriMas Corp. | 195,553 | 4,595,496 |
Trinseo PLC | 161,973 | 728,879 |
Tronox Holdings PLC | 547,917 | 8,054,380 |
U.S. Lime & Minerals, Inc. | 9,671 | 2,465,912 |
U.S. Steel Corp. | 1,049,905 | 49,702,503 |
Valhi, Inc. | 14,015 | 191,024 |
Warrior Met Coal, Inc. | 245,330 | 13,976,450 |
Worthington Steel, Inc. * | 142,989 | 4,527,032 |
842,935,665 | ||
Media & Entertainment 2.4% | ||
Advantage Solutions, Inc. * | 457,517 | 1,743,140 |
Altice USA, Inc., Class A * | 1,074,477 | 3,191,197 |
AMC Networks, Inc., Class A * | 141,961 | 1,836,975 |
Angi, Inc. * | 404,646 | 1,161,334 |
Atlanta Braves Holdings, Inc., Class C * | 235,654 | 9,218,784 |
Bumble, Inc., Class A * | 468,555 | 5,364,955 |
Cable One, Inc. | 21,417 | 9,766,152 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Cardlytics, Inc. * | 185,113 | 1,534,587 |
Cargurus, Inc. * | 404,734 | 8,960,811 |
Cars.com, Inc. * | 287,920 | 5,280,453 |
Cinemark Holdings, Inc. * | 501,443 | 8,730,123 |
Clear Channel Outdoor Holdings, Inc. * | 1,646,101 | 2,831,294 |
EchoStar Corp., Class A * | 566,414 | 7,425,688 |
Endeavor Group Holdings, Inc., Class A | 875,493 | 21,055,607 |
Eventbrite, Inc., Class A * | 397,476 | 2,225,866 |
EW Scripps Co., Class A * | 274,238 | 1,105,179 |
fuboTV, Inc. * | 1,385,775 | 2,868,554 |
Gannett Co., Inc. * | 696,147 | 1,482,793 |
Getty Images Holdings, Inc. *(a) | 184,963 | 873,025 |
Gray Television, Inc. | 379,193 | 2,214,487 |
Grindr, Inc. *(a) | 88,541 | 733,119 |
IAC, Inc. * | 327,965 | 18,628,412 |
iHeartMedia, Inc., Class A * | 475,567 | 1,317,321 |
Integral Ad Science Holding Corp. * | 309,926 | 3,210,833 |
John Wiley & Sons, Inc., Class A | 204,157 | 6,808,636 |
Liberty Media Corp.-Liberty Live, Class C * | 310,800 | 12,376,056 |
Lions Gate Entertainment Corp., Class A * | 876,002 | 8,505,979 |
Madison Square Garden Entertainment Corp. * | 192,609 | 7,413,520 |
Madison Square Garden Sports Corp. * | 78,398 | 14,753,720 |
Magnite, Inc. * | 571,484 | 6,869,238 |
MediaAlpha, Inc., Class A * | 97,492 | 2,022,959 |
New York Times Co., Class A | 770,835 | 34,132,574 |
Nexstar Media Group, Inc. | 151,490 | 25,173,093 |
Nextdoor Holdings, Inc. * | 738,108 | 1,616,456 |
Playtika Holding Corp. * | 334,535 | 2,478,904 |
QuinStreet, Inc. * | 245,515 | 3,591,884 |
Rumble, Inc. *(a) | 370,457 | 2,419,084 |
Scholastic Corp. | 127,729 | 5,037,632 |
Shutterstock, Inc. | 112,736 | 5,497,007 |
Sinclair, Inc. | 173,494 | 2,576,386 |
Skillz, Inc. *(a) | 58,217 | 398,204 |
Sphere Entertainment Co. * | 125,664 | 5,441,251 |
Stagwell, Inc. * | 507,940 | 2,712,400 |
System1, Inc. *(a) | 133,358 | 222,708 |
TechTarget, Inc. * | 121,032 | 3,837,925 |
TEGNA, Inc. | 927,688 | 12,996,909 |
Thryv Holdings, Inc. * | 144,802 | 3,032,154 |
TKO Group Holdings, Inc. | 282,413 | 23,646,440 |
TripAdvisor, Inc. * | 508,626 | 13,641,349 |
Vimeo, Inc. * | 753,797 | 3,610,688 |
Vivid Seats, Inc., Class A * | 246,729 | 1,485,309 |
Warner Music Group Corp., Class A | 651,455 | 22,755,323 |
WideOpenWest, Inc. * | 220,910 | 883,640 |
Yelp, Inc. * | 322,169 | 12,384,176 |
Ziff Davis, Inc. * | 216,516 | 14,887,640 |
ZipRecruiter, Inc., Class A * | 357,544 | 4,547,960 |
390,517,893 | ||
Pharmaceuticals, Biotechnology & Life Sciences 8.7% | ||
10X Genomics, Inc., Class A * | 489,783 | 22,843,479 |
2seventy bio, Inc. * | 239,931 | 1,247,641 |
4D Molecular Therapeutics, Inc. * | 173,434 | 4,859,621 |
89bio, Inc. * | 295,833 | 3,393,205 |
Absci Corp. *(a) | 295,794 | 1,526,297 |
ACADIA Pharmaceuticals, Inc. * | 564,107 | 13,109,847 |
ACELYRIN, Inc. * | 145,604 | 1,230,354 |
Aclaris Therapeutics, Inc. * | 258,412 | 307,510 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Acrivon Therapeutics, Inc. * | 46,774 | 227,322 |
Adaptive Biotechnologies Corp. * | 512,874 | 2,107,912 |
ADMA Biologics, Inc. * | 989,542 | 5,303,945 |
Agenus, Inc. * | 1,597,344 | 1,070,220 |
Agios Pharmaceuticals, Inc. * | 263,526 | 8,517,160 |
Akero Therapeutics, Inc. * | 262,769 | 7,092,135 |
Akoya Biosciences, Inc. * | 116,380 | 668,021 |
Alector, Inc. * | 288,901 | 2,013,640 |
Alkermes PLC * | 785,150 | 23,311,104 |
Allogene Therapeutics, Inc. * | 531,205 | 2,608,217 |
Allovir, Inc. * | 284,965 | 209,905 |
Alpine Immune Sciences, Inc. * | 184,793 | 6,508,409 |
ALX Oncology Holdings, Inc. *(a) | 120,718 | 1,770,933 |
Amicus Therapeutics, Inc. * | 1,230,873 | 15,779,792 |
Amneal Pharmaceuticals, Inc. * | 496,107 | 2,738,511 |
Amphastar Pharmaceuticals, Inc. * | 176,400 | 8,214,948 |
Amylyx Pharmaceuticals, Inc. * | 188,713 | 3,557,240 |
AnaptysBio, Inc. * | 87,445 | 2,232,471 |
Anavex Life Sciences Corp. *(a) | 386,344 | 1,985,808 |
ANI Pharmaceuticals, Inc. * | 70,720 | 4,785,622 |
Anika Therapeutics, Inc. * | 68,645 | 1,666,701 |
Apellis Pharmaceuticals, Inc. * | 479,331 | 29,704,142 |
Apogee Therapeutics, Inc. *(a) | 90,169 | 3,139,685 |
Arcellx, Inc. * | 149,687 | 9,852,398 |
Arcturus Therapeutics Holdings, Inc. * | 114,864 | 4,452,129 |
Arcus Biosciences, Inc. * | 255,509 | 4,887,887 |
Arcutis Biotherapeutics, Inc. * | 400,206 | 4,114,118 |
Ardelyx, Inc. * | 1,096,224 | 10,216,808 |
Arrowhead Pharmaceuticals, Inc. * | 580,044 | 18,619,412 |
ARS Pharmaceuticals, Inc. * | 236,161 | 1,976,668 |
Arvinas, Inc. * | 259,378 | 11,926,200 |
Atara Biotherapeutics, Inc. * | 483,513 | 376,173 |
Atea Pharmaceuticals, Inc. * | 359,380 | 1,548,928 |
Avid Bioservices, Inc. * | 292,423 | 2,245,809 |
Avidity Biosciences, Inc. * | 313,704 | 5,740,783 |
Axsome Therapeutics, Inc. * | 182,420 | 14,845,340 |
Azenta, Inc. * | 283,252 | 18,453,868 |
Beam Therapeutics, Inc. * | 330,461 | 13,049,905 |
BioCryst Pharmaceuticals, Inc. * | 961,799 | 5,414,928 |
Biohaven Ltd. * | 306,808 | 14,769,737 |
BioLife Solutions, Inc. * | 163,217 | 2,758,367 |
Biomea Fusion, Inc. *(a) | 111,258 | 1,947,015 |
Bioxcel Therapeutics, Inc. *(a) | 97,977 | 311,567 |
Blueprint Medicines Corp. * | 285,973 | 26,744,195 |
Bridgebio Pharma, Inc. * | 605,039 | 20,662,082 |
C4 Therapeutics, Inc. *(a) | 218,904 | 2,403,566 |
Cara Therapeutics, Inc. * | 166,824 | 141,834 |
CareDx, Inc. * | 259,084 | 2,756,654 |
Cargo Therapeutics, Inc. *(a) | 87,399 | 2,113,308 |
Caribou Biosciences, Inc. * | 386,470 | 3,056,978 |
Cassava Sciences, Inc. *(a) | 187,151 | 4,300,730 |
Catalyst Pharmaceuticals, Inc. * | 523,266 | 8,387,954 |
Celldex Therapeutics, Inc. * | 256,639 | 12,334,070 |
Century Therapeutics, Inc. * | 98,301 | 360,765 |
Cerevel Therapeutics Holdings, Inc. * | 416,303 | 17,068,423 |
Cogent Biosciences, Inc. * | 356,346 | 2,494,422 |
Coherus Biosciences, Inc. * | 457,693 | 1,043,540 |
Collegium Pharmaceutical, Inc. * | 153,179 | 5,623,201 |
Corcept Therapeutics, Inc. * | 424,119 | 9,966,797 |
Crinetics Pharmaceuticals, Inc. * | 274,048 | 11,219,525 |
CRISPR Therapeutics AG * | 373,424 | 31,449,769 |
CryoPort, Inc. * | 228,134 | 4,031,128 |
Cullinan Oncology, Inc. * | 157,190 | 2,903,299 |
Cymabay Therapeutics, Inc. * | 506,809 | 16,314,182 |
Cytek Biosciences, Inc. * | 463,809 | 3,571,329 |
Cytokinetics, Inc. * | 461,932 | 33,369,968 |
Day One Biopharmaceuticals, Inc. * | 264,579 | 4,426,407 |
Deciphera Pharmaceuticals, Inc. * | 266,839 | 4,453,543 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Denali Therapeutics, Inc. * | 584,998 | 11,571,260 |
Design Therapeutics, Inc. * | 104,015 | 289,162 |
Disc Medicine, Inc. * | 58,749 | 4,034,294 |
Dynavax Technologies Corp. * | 606,126 | 7,679,616 |
Dyne Therapeutics, Inc. * | 263,638 | 7,091,862 |
Eagle Pharmaceuticals, Inc. * | 50,155 | 293,908 |
Edgewise Therapeutics, Inc. * | 197,472 | 3,224,718 |
Editas Medicine, Inc. * | 381,198 | 3,834,852 |
Emergent BioSolutions, Inc. *(a) | 241,259 | 779,267 |
Enanta Pharmaceuticals, Inc. * | 95,063 | 1,366,055 |
Enliven Therapeutics, Inc. *(a) | 87,984 | 1,405,105 |
Entrada Therapeutics, Inc. *(a) | 91,368 | 1,208,799 |
Erasca, Inc. * | 396,236 | 943,042 |
Exelixis, Inc. * | 1,465,277 | 32,089,566 |
Fate Therapeutics, Inc. * | 399,826 | 2,834,766 |
Fortrea Holdings, Inc. * | 418,185 | 15,698,665 |
Genelux Corp. *(a) | 89,559 | 653,781 |
Generation Bio Co. * | 226,651 | 568,894 |
Geron Corp. * | 2,240,752 | 4,481,504 |
Gossamer Bio, Inc. * | 929,257 | 1,310,252 |
Halozyme Therapeutics, Inc. * | 621,797 | 24,753,739 |
Harmony Biosciences Holdings, Inc. * | 153,782 | 4,936,402 |
Heron Therapeutics, Inc. *(a) | 652,158 | 1,734,740 |
HilleVax, Inc. * | 122,726 | 2,227,477 |
Humacyte, Inc. *(a) | 286,770 | 1,247,450 |
Ideaya Biosciences, Inc. * | 303,459 | 13,564,617 |
IGM Biosciences, Inc. *(a) | 71,505 | 903,108 |
ImmunityBio, Inc. *(a) | 722,083 | 3,415,453 |
Immunovant, Inc. * | 266,290 | 9,418,677 |
Inhibrx, Inc. * | 124,120 | 4,546,516 |
Innoviva, Inc. * | 265,000 | 4,049,200 |
Insmed, Inc. * | 673,583 | 18,671,721 |
Intellia Therapeutics, Inc. * | 422,460 | 13,569,415 |
Intra-Cellular Therapies, Inc. * | 421,769 | 29,321,381 |
Invivyd, Inc. *(a) | 256,694 | 1,008,807 |
Ionis Pharmaceuticals, Inc. * | 676,077 | 30,565,441 |
Iovance Biotherapeutics, Inc. * | 1,140,371 | 18,143,303 |
Ironwood Pharmaceuticals, Inc. * | 645,951 | 6,091,318 |
iTeos Therapeutics, Inc. * | 124,812 | 1,336,737 |
Keros Therapeutics, Inc. * | 108,802 | 7,344,135 |
Kodiak Sciences, Inc. * | 155,941 | 937,205 |
Krystal Biotech, Inc. * | 115,535 | 18,424,366 |
Kura Oncology, Inc. * | 350,402 | 7,386,474 |
Kymera Therapeutics, Inc. * | 188,419 | 8,045,491 |
Lexicon Pharmaceuticals, Inc. *(a) | 568,474 | 1,415,500 |
Ligand Pharmaceuticals, Inc. * | 77,192 | 6,125,185 |
Lyell Immunopharma, Inc. * | 750,482 | 2,191,407 |
MacroGenics, Inc. * | 290,897 | 5,218,692 |
Madrigal Pharmaceuticals, Inc. * | 73,501 | 17,360,936 |
MannKind Corp. * | 1,270,811 | 5,223,033 |
Maravai LifeSciences Holdings, Inc., Class A * | 521,133 | 4,028,358 |
Mesa Laboratories, Inc. | 24,473 | 2,672,207 |
MiMedx Group, Inc. * | 551,883 | 4,503,365 |
Mind Medicine MindMed, Inc. * | 154,063 | 880,470 |
Mineralys Therapeutics, Inc. * | 66,190 | 1,018,002 |
Mirum Pharmaceuticals, Inc. * | 174,863 | 5,020,317 |
Monte Rosa Therapeutics, Inc. * | 151,200 | 957,096 |
Morphic Holding, Inc. * | 191,125 | 7,062,069 |
Myriad Genetics, Inc. * | 415,639 | 8,699,324 |
Natera, Inc. * | 531,866 | 46,001,090 |
Nektar Therapeutics * | 904,086 | 641,901 |
Neumora Therapeutics, Inc. *(a) | 72,316 | 1,274,931 |
NGM Biopharmaceuticals, Inc. * | 184,783 | 280,870 |
Novavax, Inc. *(a) | 557,888 | 2,755,967 |
Nurix Therapeutics, Inc. * | 212,894 | 2,629,241 |
Nuvalent, Inc., Class A * | 150,069 | 12,623,804 |
Nuvation Bio, Inc. * | 672,711 | 1,257,970 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Omeros Corp. *(a) | 299,759 | 1,348,916 |
OmniAb, Inc. * | 444,645 | 2,596,727 |
Organogenesis Holdings, Inc. * | 346,011 | 1,235,259 |
Pacific Biosciences of California, Inc. * | 1,165,073 | 6,442,854 |
Pacira BioSciences, Inc. * | 218,578 | 6,496,138 |
Perrigo Co. PLC | 637,579 | 16,742,825 |
Phathom Pharmaceuticals, Inc. * | 160,623 | 1,718,666 |
Phibro Animal Health Corp., Class A | 93,225 | 1,205,399 |
Pliant Therapeutics, Inc. * | 242,979 | 3,856,077 |
PMV Pharmaceuticals, Inc. * | 175,520 | 324,712 |
Poseida Therapeutics, Inc. * | 316,713 | 1,254,183 |
Precigen, Inc. * | 609,222 | 938,202 |
Prelude Therapeutics, Inc. * | 77,017 | 331,173 |
Prestige Consumer Healthcare, Inc. * | 233,327 | 16,234,893 |
Prime Medicine, Inc. *(a) | 169,841 | 1,465,728 |
ProKidney Corp. *(a) | 138,286 | 225,406 |
Protagonist Therapeutics, Inc. * | 271,993 | 8,263,147 |
Prothena Corp. PLC * | 184,379 | 5,087,017 |
PTC Therapeutics, Inc. * | 355,837 | 10,031,045 |
Quanterix Corp. * | 162,932 | 3,903,851 |
RAPT Therapeutics, Inc. * | 136,014 | 1,165,640 |
Recursion Pharmaceuticals, Inc., Class A *(a) | 742,079 | 9,988,383 |
REGENXBIO, Inc. * | 188,930 | 3,294,939 |
Relay Therapeutics, Inc. * | 426,935 | 4,277,889 |
Replimune Group, Inc. * | 242,335 | 2,079,234 |
Revance Therapeutics, Inc. * | 418,378 | 2,987,219 |
REVOLUTION Medicines, Inc. * | 608,319 | 17,933,244 |
Rhythm Pharmaceuticals, Inc. * | 236,888 | 10,285,677 |
Rocket Pharmaceuticals, Inc. * | 323,705 | 9,484,557 |
Sage Therapeutics, Inc. * | 245,634 | 5,276,218 |
Sana Biotechnology, Inc. * | 457,683 | 4,595,137 |
Sangamo Therapeutics, Inc. * | 692,688 | 803,518 |
Scholar Rock Holding Corp. * | 223,153 | 3,458,872 |
Scilex Holding Co. *(a)(b) | 280,273 | 596,970 |
Seer, Inc. * | 183,244 | 333,504 |
Seres Therapeutics, Inc. *(a) | 465,665 | 530,858 |
SIGA Technologies, Inc. | 187,602 | 977,406 |
Sotera Health Co. * | 536,382 | 8,051,094 |
SpringWorks Therapeutics, Inc. * | 294,920 | 14,527,759 |
Stoke Therapeutics, Inc. * | 125,688 | 972,825 |
Summit Therapeutics, Inc. *(a) | 591,906 | 2,687,253 |
Supernus Pharmaceuticals, Inc. * | 257,297 | 7,641,721 |
Syndax Pharmaceuticals, Inc. * | 361,072 | 8,463,528 |
Tango Therapeutics, Inc. * | 227,410 | 2,531,073 |
Tarsus Pharmaceuticals, Inc. * | 125,214 | 4,785,679 |
TG Therapeutics, Inc. * | 669,185 | 11,523,366 |
Theravance Biopharma, Inc. *(a) | 162,791 | 1,541,631 |
Third Harmonic Bio, Inc. *(a) | 74,340 | 753,808 |
Travere Therapeutics, Inc. * | 325,890 | 2,463,728 |
Twist Bioscience Corp. * | 270,571 | 10,630,735 |
Tyra Biosciences, Inc. *(a) | 70,660 | 1,412,493 |
Ultragenyx Pharmaceutical, Inc. * | 386,350 | 19,982,022 |
uniQure NV * | 210,876 | 1,212,537 |
Vanda Pharmaceuticals, Inc. * | 276,560 | 1,236,223 |
Vaxcyte, Inc. * | 459,788 | 33,941,550 |
Ventyx Biosciences, Inc. *(a) | 219,866 | 1,556,651 |
Vera Therapeutics, Inc. *(a) | 205,886 | 9,693,113 |
Veracyte, Inc. * | 342,611 | 8,068,489 |
Vericel Corp. * | 223,975 | 10,231,178 |
Verve Therapeutics, Inc. * | 221,583 | 3,777,990 |
Viking Therapeutics, Inc. * | 471,105 | 36,298,640 |
Vir Biotechnology, Inc. * | 408,327 | 4,589,596 |
Viridian Therapeutics, Inc. * | 259,028 | 4,846,414 |
Xencor, Inc. * | 286,597 | 6,577,401 |
Y-mAbs Therapeutics, Inc. * | 135,252 | 2,258,708 |
Zentalis Pharmaceuticals, Inc. * | 266,578 | 3,974,678 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Zura Bio Ltd. *(a) | 130,899 | 481,708 |
1,429,766,856 | ||
Real Estate Management & Development 0.6% | ||
Anywhere Real Estate, Inc. * | 515,336 | 3,231,157 |
Compass, Inc., Class A * | 1,543,826 | 6,098,113 |
Cushman & Wakefield PLC * | 791,500 | 7,907,085 |
DigitalBridge Group, Inc. | 676,728 | 12,431,493 |
eXp World Holdings, Inc. (a) | 362,063 | 4,743,025 |
Forestar Group, Inc. * | 83,893 | 2,828,872 |
FRP Holdings, Inc. * | 31,187 | 1,877,457 |
Howard Hughes Holdings, Inc. * | 152,790 | 11,673,156 |
Kennedy-Wilson Holdings, Inc. | 557,527 | 4,895,087 |
Marcus & Millichap, Inc. | 111,116 | 4,076,846 |
Newmark Group, Inc., Class A | 560,763 | 6,050,633 |
Offerpad Solutions, Inc. *(a) | 43,853 | 370,119 |
Opendoor Technologies, Inc. * | 2,725,569 | 8,394,753 |
RE/MAX Holdings, Inc., Class A | 91,672 | 781,962 |
Redfin Corp. * | 542,342 | 3,853,340 |
RMR Group, Inc., Class A | 69,448 | 1,699,393 |
Seritage Growth Properties, Class A * | 177,510 | 1,673,919 |
St. Joe Co. | 167,804 | 9,039,601 |
Star Holdings * | 54,890 | 677,892 |
Tejon Ranch Co. * | 115,865 | 1,926,835 |
94,230,738 | ||
Semiconductors & Semiconductor Equipment 2.6% | ||
ACM Research, Inc., Class A * | 220,054 | 6,804,070 |
Aehr Test Systems * | 124,693 | 2,028,755 |
Allegro MicroSystems, Inc. * | 334,703 | 10,539,797 |
Alpha & Omega Semiconductor Ltd. * | 104,408 | 2,286,535 |
Ambarella, Inc. * | 176,693 | 9,868,304 |
Amkor Technology, Inc. | 487,020 | 15,107,360 |
Axcelis Technologies, Inc. * | 153,903 | 17,340,251 |
CEVA, Inc. * | 109,840 | 2,486,778 |
Cirrus Logic, Inc. * | 253,980 | 23,320,444 |
Cohu, Inc. * | 224,554 | 7,214,920 |
Credo Technology Group Holding Ltd. * | 591,201 | 12,734,470 |
Diodes, Inc. * | 215,682 | 14,662,062 |
FormFactor, Inc. * | 366,193 | 15,757,285 |
Ichor Holdings Ltd. * | 138,339 | 5,920,909 |
Impinj, Inc. * | 106,970 | 11,683,263 |
indie Semiconductor, Inc., Class A * | 608,901 | 3,769,097 |
Kulicke & Soffa Industries, Inc. | 266,526 | 12,691,968 |
MACOM Technology Solutions Holdings, Inc. * | 254,749 | 22,501,979 |
MaxLinear, Inc. * | 347,997 | 6,765,062 |
MKS Instruments, Inc. | 296,127 | 36,352,551 |
Navitas Semiconductor Corp. * | 585,314 | 3,593,828 |
Onto Innovation, Inc. * | 231,113 | 42,561,770 |
PDF Solutions, Inc. * | 144,299 | 4,904,723 |
Photronics, Inc. * | 294,281 | 8,472,350 |
Power Integrations, Inc. | 268,109 | 19,159,069 |
Rambus, Inc. * | 505,329 | 29,935,690 |
Rigetti Computing, Inc. *(a) | 476,546 | 895,907 |
Semtech Corp. * | 302,153 | 6,405,644 |
Silicon Laboratories, Inc. * | 149,861 | 20,611,882 |
SiTime Corp. * | 81,490 | 7,537,825 |
SkyWater Technology, Inc. * | 87,655 | 1,013,292 |
SMART Global Holdings, Inc. * | 242,982 | 5,168,227 |
Synaptics, Inc. * | 184,124 | 18,430,812 |
Ultra Clean Holdings, Inc. * | 210,648 | 9,099,994 |
Veeco Instruments, Inc. * | 265,630 | 9,618,462 |
427,245,335 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Software & Services 7.5% | ||
8x8, Inc. * | 577,747 | 1,635,024 |
A10 Networks, Inc. | 325,054 | 4,326,469 |
ACI Worldwide, Inc. * | 512,081 | 16,852,586 |
Adeia, Inc. | 505,515 | 5,732,540 |
Agilysys, Inc. * | 95,168 | 7,404,070 |
Alarm.com Holdings, Inc. * | 234,924 | 17,781,398 |
Alkami Technology, Inc. * | 187,552 | 4,679,422 |
Altair Engineering, Inc., Class A * | 257,558 | 21,913,035 |
Alteryx, Inc., Class A * | 300,791 | 14,450,000 |
Amplitude, Inc., Class A * | 337,324 | 4,000,663 |
Appfolio, Inc., Class A * | 95,754 | 23,181,086 |
Appian Corp., Class A * | 195,834 | 6,824,815 |
Applied Digital Corp. *(a) | 293,729 | 1,218,975 |
Asana, Inc., Class A * | 376,856 | 7,424,063 |
Aurora Innovation, Inc. * | 3,720,546 | 9,450,187 |
AvePoint, Inc. * | 438,629 | 3,509,032 |
BigCommerce Holdings, Inc. * | 314,820 | 2,439,855 |
Blackbaud, Inc. * | 202,222 | 13,989,718 |
BlackLine, Inc. * | 240,041 | 13,617,526 |
Blend Labs, Inc., Class A *(a) | 766,056 | 1,884,498 |
Box, Inc., Class A * | 677,152 | 17,463,750 |
Braze, Inc., Class A * | 234,044 | 13,317,104 |
C3.ai, Inc., Class A *(a) | 442,900 | 16,374,013 |
CCC Intelligent Solutions Holdings, Inc. * | 1,165,696 | 13,650,300 |
Cerence, Inc. * | 188,231 | 2,804,642 |
Cipher Mining, Inc. *(a) | 196,771 | 582,442 |
Cleanspark, Inc. * | 719,000 | 12,021,680 |
Clear Secure, Inc., Class A | 397,899 | 7,659,556 |
Clearwater Analytics Holdings, Inc., Class A * | 597,554 | 10,289,880 |
CommVault Systems, Inc. * | 206,416 | 19,756,075 |
Confluent, Inc., Class A * | 1,032,759 | 34,979,547 |
Consensus Cloud Solutions, Inc. * | 82,370 | 1,311,330 |
Couchbase, Inc. * | 139,833 | 3,926,511 |
CS Disco, Inc. * | 111,565 | 743,023 |
Digimarc Corp. * | 67,139 | 2,353,893 |
Digital Turbine, Inc. * | 422,076 | 1,337,981 |
DigitalOcean Holdings, Inc. * | 239,592 | 9,085,329 |
Dolby Laboratories, Inc., Class A | 280,492 | 22,719,852 |
Domo, Inc., Class B * | 150,614 | 1,733,567 |
DoubleVerify Holdings, Inc. * | 656,372 | 20,275,331 |
Dropbox, Inc., Class A * | 1,203,932 | 28,834,171 |
DXC Technology Co. * | 910,284 | 19,898,808 |
E2open Parent Holdings, Inc. * | 805,956 | 3,409,194 |
Enfusion, Inc., Class A * | 169,339 | 1,468,169 |
Envestnet, Inc. * | 234,759 | 12,097,131 |
Everbridge, Inc. * | 193,583 | 5,472,591 |
EverCommerce, Inc. * | 96,113 | 940,946 |
Expensify, Inc., Class A * | 192,136 | 399,643 |
Fastly, Inc., Class A * | 567,358 | 8,067,831 |
Freshworks, Inc., Class A * | 789,388 | 16,135,091 |
Gitlab, Inc., Class A * | 406,504 | 29,317,068 |
Grid Dynamics Holdings, Inc. * | 259,096 | 3,495,205 |
Hackett Group, Inc. | 118,214 | 2,922,250 |
HashiCorp, Inc., Class A * | 515,644 | 13,442,839 |
Informatica, Inc., Class A * | 187,191 | 6,098,683 |
Instructure Holdings, Inc. * | 86,821 | 1,989,937 |
Intapp, Inc. * | 146,624 | 5,752,060 |
InterDigital, Inc. | 120,968 | 12,945,995 |
Jamf Holding Corp. * | 243,439 | 4,379,468 |
Kaltura, Inc. *(a) | 347,550 | 462,242 |
Klaviyo, Inc., Class A *(a) | 111,342 | 2,950,563 |
Kyndryl Holdings, Inc. * | 1,081,249 | 23,755,041 |
LivePerson, Inc. * | 349,312 | 443,626 |
LiveRamp Holdings, Inc. * | 308,875 | 10,804,447 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Marathon Digital Holdings, Inc. * | 1,048,945 | 27,167,675 |
Matterport, Inc. * | 1,108,608 | 2,350,249 |
MeridianLink, Inc. * | 95,539 | 1,811,419 |
MicroStrategy, Inc., Class A * | 59,086 | 60,435,524 |
Model N, Inc. * | 164,361 | 4,036,706 |
N-able, Inc. * | 329,560 | 4,439,173 |
nCino, Inc. * | 287,722 | 8,585,624 |
NCR Voyix Corp. * | 632,089 | 9,234,820 |
NextNav, Inc. *(a) | 196,741 | 842,051 |
Nutanix, Inc., Class A * | 1,145,497 | 72,349,591 |
Olo, Inc., Class A * | 518,731 | 3,019,014 |
ON24, Inc. | 178,436 | 1,252,621 |
OneSpan, Inc. * | 157,695 | 1,515,449 |
PagerDuty, Inc. * | 437,413 | 10,567,898 |
Pegasystems, Inc. | 200,890 | 13,065,886 |
Perficient, Inc. * | 163,199 | 10,586,719 |
PowerSchool Holdings, Inc., Class A * | 270,702 | 5,654,965 |
Progress Software Corp. | 204,732 | 10,924,500 |
PROS Holdings, Inc. * | 200,183 | 7,156,542 |
Q2 Holdings, Inc. * | 276,370 | 12,776,585 |
Qualys, Inc. * | 173,199 | 29,765,980 |
Rackspace Technology, Inc. * | 322,171 | 679,781 |
Rapid7, Inc. * | 288,818 | 16,918,958 |
RingCentral, Inc., Class A * | 394,891 | 13,197,257 |
Riot Platforms, Inc. * | 971,036 | 13,711,028 |
Rubicon Technologies, Inc. * | 93,744 | 66,558 |
Samsara, Inc., Class A * | 768,305 | 26,544,938 |
SEMrush Holdings, Inc., Class A *(a) | 138,439 | 1,727,719 |
SentinelOne, Inc., Class A * | 1,139,056 | 32,087,208 |
Smartsheet, Inc., Class A * | 635,102 | 26,807,655 |
SolarWinds Corp. * | 242,803 | 2,899,068 |
SoundHound AI, Inc., Class A *(a) | 959,546 | 7,119,831 |
Sprinklr, Inc., Class A * | 499,402 | 6,507,208 |
Sprout Social, Inc., Class A * | 229,891 | 14,211,862 |
SPS Commerce, Inc. * | 172,656 | 31,968,985 |
Squarespace, Inc., Class A * | 241,673 | 8,042,877 |
Telos Corp. * | 248,270 | 911,151 |
Tenable Holdings, Inc. * | 550,630 | 26,518,341 |
Teradata Corp. * | 459,916 | 17,302,040 |
Thoughtworks Holding, Inc. * | 429,377 | 1,339,656 |
Tucows, Inc., Class A *(a) | 46,485 | 878,567 |
Unisys Corp. * | 319,008 | 1,655,652 |
Varonis Systems, Inc. * | 513,320 | 26,076,656 |
Verint Systems, Inc. * | 302,932 | 9,575,681 |
Vertex, Inc., Class A * | 211,711 | 7,109,255 |
Weave Communications, Inc. * | 141,711 | 1,775,639 |
Workiva, Inc. * | 224,056 | 19,295,703 |
Xperi, Inc. * | 206,439 | 2,262,571 |
Yext, Inc. * | 486,162 | 2,878,079 |
Zeta Global Holdings Corp., Class A * | 714,497 | 7,502,219 |
Zuora, Inc., Class A * | 619,669 | 5,006,926 |
1,240,301,827 | ||
Technology Hardware & Equipment 3.5% | ||
908 Devices, Inc. * | 115,580 | 849,513 |
ADTRAN Holdings, Inc. | 330,308 | 1,879,453 |
Advanced Energy Industries, Inc. | 175,360 | 17,746,432 |
Aeva Technologies, Inc. * | 412,494 | 416,619 |
Arlo Technologies, Inc. * | 447,331 | 4,656,716 |
Avnet, Inc. | 425,445 | 19,821,483 |
Badger Meter, Inc. | 137,921 | 21,886,683 |
Bel Fuse, Inc., Class A | 7,974 | 474,453 |
Bel Fuse, Inc., Class B | 46,501 | 2,416,657 |
Belden, Inc. | 196,154 | 16,708,398 |
Benchmark Electronics, Inc. | 168,865 | 5,185,844 |
Calix, Inc. * | 276,688 | 9,648,111 |
Clearfield, Inc. * | 61,626 | 1,859,256 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Coherent Corp. * | 619,826 | 36,867,250 |
CommScope Holding Co., Inc. * | 988,009 | 1,151,030 |
Comtech Telecommunications Corp. * | 129,633 | 876,319 |
Corsair Gaming, Inc. * | 202,210 | 2,618,620 |
Crane NXT Co. | 227,610 | 13,296,976 |
CTS Corp. | 146,127 | 6,511,419 |
Diebold Nixdorf, Inc. * | 177,853 | 5,862,035 |
Digi International, Inc. * | 170,478 | 5,039,330 |
ePlus, Inc. * | 126,780 | 10,445,404 |
Evolv Technologies Holdings, Inc. * | 365,620 | 1,744,007 |
Extreme Networks, Inc. * | 613,049 | 7,748,939 |
Fabrinet * | 171,143 | 36,893,297 |
FARO Technologies, Inc. * | 87,478 | 1,958,632 |
Harmonic, Inc. * | 527,697 | 6,928,662 |
Infinera Corp. * | 946,123 | 4,749,537 |
Insight Enterprises, Inc. * | 130,145 | 24,467,260 |
IonQ, Inc. *(a) | 807,836 | 8,369,181 |
IPG Photonics Corp. * | 139,456 | 12,042,026 |
Itron, Inc. * | 214,179 | 19,850,110 |
Kimball Electronics, Inc. * | 118,791 | 2,673,985 |
Knowles Corp. * | 422,383 | 6,901,738 |
Lightwave Logic, Inc. *(a) | 543,206 | 2,286,897 |
Littelfuse, Inc. | 116,984 | 27,870,268 |
Lumentum Holdings, Inc. * | 315,303 | 15,282,736 |
Methode Electronics, Inc. | 167,818 | 3,574,523 |
MicroVision, Inc. *(a) | 887,750 | 2,095,090 |
Mirion Technologies, Inc. * | 853,225 | 8,344,540 |
Napco Security Technologies, Inc. | 137,158 | 6,176,225 |
NETGEAR, Inc. * | 141,745 | 2,124,758 |
NetScout Systems, Inc. * | 332,712 | 7,203,215 |
nLight, Inc. * | 221,821 | 2,934,692 |
Novanta, Inc. * | 168,500 | 29,140,390 |
OSI Systems, Inc. * | 73,694 | 9,667,179 |
Ouster, Inc. *(a) | 166,028 | 901,532 |
PAR Technology Corp. * | 131,374 | 5,756,809 |
PC Connection, Inc. | 53,736 | 3,566,996 |
Plexus Corp. * | 129,730 | 12,246,512 |
Presto Automation, Inc. *(a) | 121,211 | 37,975 |
Ribbon Communications, Inc. * | 405,256 | 1,211,715 |
Rogers Corp. * | 78,780 | 8,828,875 |
Sanmina Corp. * | 269,533 | 17,034,486 |
ScanSource, Inc. * | 118,026 | 5,102,264 |
SmartRent, Inc. * | 854,464 | 2,477,946 |
TTM Technologies, Inc. * | 478,830 | 7,110,625 |
Viasat, Inc. * | 350,919 | 6,867,485 |
Viavi Solutions, Inc. * | 1,045,972 | 9,989,033 |
Vishay Intertechnology, Inc. | 594,578 | 12,932,071 |
Vontier Corp. | 725,529 | 31,197,747 |
Xerox Holdings Corp. | 532,311 | 9,927,600 |
572,435,559 | ||
Telecommunication Services 0.6% | ||
Anterix, Inc. * | 88,502 | 3,513,529 |
ATN International, Inc. | 49,123 | 1,647,585 |
Bandwidth, Inc., Class A * | 105,618 | 2,169,394 |
Charge Enterprises, Inc. * | 596,932 | 8,775 |
Cogent Communications Holdings, Inc. | 203,671 | 16,479,021 |
Consolidated Communications Holdings, Inc. * | 359,421 | 1,549,104 |
Frontier Communications Parent, Inc. * | 1,041,467 | 24,661,939 |
Globalstar, Inc. * | 3,429,964 | 5,350,744 |
Gogo, Inc. * | 287,113 | 2,342,842 |
IDT Corp., Class B * | 93,389 | 3,475,005 |
Iridium Communications, Inc. | 582,667 | 16,868,210 |
Liberty Latin America Ltd., Class C * | 766,446 | 4,997,228 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Lumen Technologies, Inc. * | 4,769,453 | 7,726,514 |
Shenandoah Telecommunications Co. | 237,199 | 4,426,133 |
Telephone & Data Systems, Inc. | 464,988 | 7,114,316 |
U.S. Cellular Corp. * | 65,666 | 2,291,087 |
104,621,426 | ||
Transportation 1.7% | ||
Air Transport Services Group, Inc. * | 238,500 | 2,878,695 |
Allegiant Travel Co. | 70,699 | 5,145,473 |
ArcBest Corp. | 111,362 | 15,909,175 |
Daseke, Inc. * | 199,652 | 1,647,129 |
Forward Air Corp. | 121,838 | 4,523,845 |
Frontier Group Holdings, Inc. * | 191,993 | 1,332,431 |
GXO Logistics, Inc. * | 560,634 | 29,018,416 |
Hawaiian Holdings, Inc. * | 245,041 | 3,457,529 |
Heartland Express, Inc. | 213,747 | 2,731,687 |
Hub Group, Inc., Class A * | 293,933 | 12,500,970 |
JetBlue Airways Corp. * | 1,566,306 | 10,149,663 |
Joby Aviation, Inc. *(a) | 1,730,655 | 9,726,281 |
Kirby Corp. * | 277,743 | 24,363,616 |
Landstar System, Inc. | 169,361 | 32,212,462 |
Lyft, Inc., Class A * | 1,625,796 | 25,817,640 |
Marten Transport Ltd. | 273,136 | 5,148,614 |
Matson, Inc. | 164,097 | 18,222,972 |
RXO, Inc. * | 548,942 | 11,813,232 |
Ryder System, Inc. | 208,912 | 23,836,859 |
Schneider National, Inc., Class B | 175,134 | 4,124,406 |
SkyWest, Inc. * | 192,984 | 12,393,432 |
Spirit Airlines, Inc. (a) | 508,266 | 3,278,316 |
Sun Country Airlines Holdings, Inc. * | 182,837 | 2,742,555 |
Universal Logistics Holdings, Inc. | 30,373 | 1,027,519 |
Werner Enterprises, Inc. | 297,550 | 11,943,657 |
275,946,574 | ||
Utilities 2.0% | ||
ALLETE, Inc. | 270,595 | 15,326,501 |
Altus Power, Inc. * | 281,745 | 1,918,684 |
American States Water Co. | 173,542 | 12,392,634 |
Avista Corp. | 363,012 | 12,051,998 |
Black Hills Corp. | 319,648 | 16,631,285 |
California Water Service Group | 270,984 | 12,435,456 |
Chesapeake Utilities Corp. | 102,294 | 10,437,057 |
Clearway Energy, Inc., Class C | 537,441 | 11,716,214 |
Hawaiian Electric Industries, Inc. | 517,396 | 6,301,883 |
IDACORP, Inc. | 238,564 | 21,019,874 |
MGE Energy, Inc. | 169,697 | 10,723,153 |
Middlesex Water Co. | 83,894 | 4,269,366 |
Montauk Renewables, Inc. * | 306,073 | 1,738,495 |
National Fuel Gas Co. | 432,771 | 21,093,259 |
New Jersey Resources Corp. | 459,971 | 19,139,393 |
Northwest Natural Holding Co. | 173,103 | 6,359,804 |
Northwestern Energy Group, Inc. | 287,525 | 13,778,198 |
ONE Gas, Inc. | 261,236 | 15,569,666 |
Ormat Technologies, Inc. | 252,679 | 16,462,037 |
Otter Tail Corp. | 196,470 | 17,772,676 |
PNM Resources, Inc. | 404,314 | 14,761,504 |
Portland General Electric Co. | 476,577 | 19,144,098 |
SJW Group | 136,756 | 7,529,785 |
Southwest Gas Holdings, Inc. | 282,371 | 19,243,584 |
Spire, Inc. | 248,169 | 14,721,385 |
Sunnova Energy International, Inc. * | 499,323 | 3,635,071 |
Unitil Corp. | 76,333 | 3,889,930 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
York Water Co. | 66,172 | 2,342,489 |
332,405,479 | ||
Total Common Stocks (Cost $14,917,454,401) | 16,474,461,243 |
SHORT-TERM INVESTMENTS 1.6% OF NET ASSETS | ||
Money Market Funds 1.6% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (c) | 15,386,226 | 15,386,226 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 5.28% (c)(d) | 246,477,472 | 246,477,472 |
261,863,698 | ||
Total Short-Term Investments (Cost $261,863,698) | 261,863,698 | |
Total Investments in Securities (Cost $15,179,318,099) | 16,736,324,941 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
Russell 2000 Index, e-mini, expires 03/15/24 | 213 | 21,910,245 | 86,575 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $239,191,312. |
(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 | $13,259,247,223 | $— | $— | $13,259,247,223 |
Equity Real Estate Investment Trusts (REITs) | 853,307,426 | — | 41,796 | 853,349,222 |
Health Care Equipment & Services | 932,097,942 | — | 0 * | 932,097,942 |
Pharmaceuticals, Biotechnology & Life Sciences | 1,429,169,886 | — | 596,970 | 1,429,766,856 |
Short-Term Investments1 | 261,863,698 | — | — | 261,863,698 |
Futures Contracts2 | 86,575 | — | — | 86,575 |
Total | $16,735,772,750 | $— | $638,766 | $16,736,411,516 |
* | Level 3 amount shown includes securities determined to have no value at February 29, 2024. |
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 $15,179,318,099) including securities on loan of $239,191,312 | $16,736,324,941 | |
Deposit with broker for futures contracts | 1,852,500 | |
Receivables: | ||
Investments sold | 16,131,501 | |
Dividends | 13,728,050 | |
Income from securities on loan | 879,734 | |
Variation margin on future contracts | + | 170,104 |
Total assets | 16,769,086,830 | |
Liabilities | ||
Collateral held for securities on loan | 246,477,472 | |
Payables: | ||
Investments bought | 24,663,213 | |
Management fees | + | 503,439 |
Total liabilities | 271,644,124 | |
Net assets | $16,497,442,706 | |
Net Assets by Source | ||
Capital received from investors | $16,068,728,720 | |
Total distributable earnings | + | 428,713,986 |
Net assets | $16,497,442,706 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$16,497,442,706 | 345,650,000 | $47.73 | ||
For the period September 1, 2023 through February 29, 2024; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $73,954) | $116,578,314 | |
Interest received from securities - unaffiliated | 70,803 | |
Securities on loan, net | + | 5,430,673 |
Total investment income | 122,079,790 | |
Expenses | ||
Management fees | 2,893,611 | |
Total expenses | – | 2,893,611 |
Net investment income | 119,186,179 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated | (568,324,201 ) | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 675,988,795 | |
Net realized losses on futures contracts | + | (1,065,775 ) |
Net realized gains | 106,598,819 | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 1,112,612,358 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | (143,184 ) |
Net change in unrealized appreciation (depreciation) | + | 1,112,469,174 |
Net realized and unrealized gains | 1,219,067,993 | |
Increase in net assets resulting from operations | $1,338,254,172 |
OPERATIONS | |||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||
Net investment income | $119,186,179 | $213,947,990 | |
Net realized gains | 106,598,819 | 428,404,944 | |
Net change in unrealized appreciation (depreciation) | + | 1,112,469,174 | 218,241,988 |
Increase in net assets resulting from operations | $1,338,254,172 | $860,594,922 | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($127,981,205 ) | ($203,432,945 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 52,250,000 | $2,267,243,477 | 53,700,000 | $2,230,857,833 | |
Shares redeemed | + | (34,050,000 ) | (1,461,046,870 ) | (47,950,000 ) | (1,945,638,825 ) |
Net transactions in fund shares | 18,200,000 | $806,196,607 | 5,750,000 | $285,219,008 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 327,450,000 | $14,480,973,132 | 321,700,000 | $13,538,592,147 | |
Total increase | + | 18,200,000 | 2,016,469,574 | 5,750,000 | 942,380,985 |
End of period | 345,650,000 | $16,497,442,706 | 327,450,000 | $14,480,973,132 |
9/1/23– 2/29/24* | 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 | $74.54 | $72.38 | $77.66 | $57.31 | $53.30 | $52.71 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 1.38 | 2.74 | 2.53 | 2.27 | 1.87 | 1.66 |
Net realized and unrealized gains (losses) | 3.15 | 2.02 | (5.38 ) | 20.27 | 3.98 | 0.48 |
Total from investment operations | 4.53 | 4.76 | (2.85 ) | 22.54 | 5.85 | 2.14 |
Less distributions: | ||||||
Distributions from net investment income | (1.40 ) | (2.60 ) | (2.43 ) | (2.19 ) | (1.84 ) | (1.55 ) |
Net asset value at end of period | $77.67 | $74.54 | $72.38 | $77.66 | $57.31 | $53.30 |
Total return | 6.22 %2 | 6.75 % | (3.74 %) | 40.15 % | 11.46 % | 4.18 % |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.06 %3 | 0.06 %4 | 0.06 %4 | 0.06 % | 0.06 % | 0.06 %5 |
Net investment income (loss) | 3.79 %3 | 3.74 % | 3.31 % | 3.27 % | 3.48 % | 3.23 % |
Portfolio turnover rate6 | 6 %2 | 28 % | 14 % | 46 % | 43 % | 24 % |
Net assets, end of period (x 1,000,000) | $53,498 | $49,611 | $37,095 | $27,955 | $12,694 | $9,821 |
* | Unaudited. |
1 | Calculated based on the average shares outstanding during the period. |
2 | Not annualized. |
3 | Annualized. |
4 | Ratio includes less than 0.005% of non-routine proxy expenses. |
5 | Effective March 11, 2019, the annual operating expense ratio was reduced. The ratio presented for the period ended August 31, 2019, is a blended ratio. |
6 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.7% OF NET ASSETS | ||
Automobiles & Components 1.5% | ||
Ford Motor Co. | 62,688,660 | 779,846,930 |
Banks 6.2% | ||
1st Source Corp. | 272,661 | 13,573,065 |
Bank of Hawaii Corp. | 631,540 | 38,069,231 |
Bank OZK | 1,677,771 | 73,486,370 |
Banner Corp. | 545,190 | 23,901,130 |
Cathay General Bancorp | 1,154,771 | 45,093,807 |
Central Pacific Financial Corp. | 427,870 | 7,984,054 |
City Holding Co. | 238,177 | 23,932,025 |
Comerica, Inc. | 2,102,627 | 103,827,721 |
CVB Financial Corp. | 2,106,035 | 35,844,716 |
Fifth Third Bancorp | 10,857,276 | 372,838,858 |
First Commonwealth Financial Corp. | 1,631,265 | 21,255,383 |
Hanmi Financial Corp. | 482,373 | 7,288,656 |
Heritage Financial Corp. | 554,550 | 10,175,992 |
Huntington Bancshares, Inc. | 23,087,534 | 301,061,443 |
International Bancshares Corp. | 851,910 | 44,205,610 |
KeyCorp | 14,924,679 | 212,975,169 |
M&T Bank Corp. | 2,645,298 | 369,653,942 |
Northwest Bancshares, Inc. | 2,025,782 | 23,215,462 |
OFG Bancorp | 749,937 | 27,162,718 |
Premier Financial Corp. | 565,357 | 10,956,619 |
Regions Financial Corp. | 14,963,109 | 278,762,721 |
S&T Bancorp, Inc. | 610,104 | 19,029,144 |
Synovus Financial Corp. | 2,330,515 | 88,419,739 |
U.S. Bancorp | 24,826,956 | 1,041,739,074 |
Zions Bancorp NA | 2,361,742 | 93,123,487 |
3,287,576,136 | ||
Capital Goods 8.7% | ||
3M Co. | 8,801,909 | 810,831,857 |
Fastenal Co. | 9,110,321 | 665,144,536 |
Illinois Tool Works, Inc. | 4,387,861 | 1,150,277,761 |
Lockheed Martin Corp. | 3,573,907 | 1,530,489,934 |
MSC Industrial Direct Co., Inc., Class A | 755,960 | 76,306,603 |
Snap-on, Inc. | 843,797 | 232,601,081 |
Watsco, Inc. | 535,050 | 210,873,906 |
4,676,525,678 | ||
Commercial & Professional Services 4.6% | ||
Automatic Data Processing, Inc. | 6,569,426 | 1,649,779,951 |
Ennis, Inc. | 408,986 | 8,310,596 |
Kforce, Inc. | 302,052 | 21,034,901 |
Paychex, Inc. | 5,116,754 | 627,416,375 |
Robert Half, Inc. | 1,708,684 | 137,378,194 |
2,443,920,017 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Consumer Discretionary Distribution & Retail 5.6% | ||
Advance Auto Parts, Inc. | 948,656 | 64,072,226 |
Best Buy Co., Inc. | 3,097,215 | 250,502,749 |
Buckle, Inc. | 473,861 | 19,399,870 |
Guess?, Inc. | 430,834 | 10,934,567 |
Home Depot, Inc. | 6,351,418 | 2,417,413,205 |
Williams-Sonoma, Inc. | 1,024,062 | 241,197,323 |
3,003,519,940 | ||
Consumer Durables & Apparel 0.5% | ||
Carter's, Inc. | 594,168 | 48,097,900 |
Ethan Allen Interiors, Inc. | 368,032 | 12,303,310 |
Leggett & Platt, Inc. | 2,122,555 | 43,342,573 |
MDC Holdings, Inc. | 952,126 | 59,698,300 |
Sturm Ruger & Co., Inc. | 280,401 | 12,146,971 |
Whirlpool Corp. | 874,649 | 93,928,556 |
269,517,610 | ||
Consumer Services 1.0% | ||
Cracker Barrel Old Country Store, Inc. | 353,530 | 23,378,939 |
Darden Restaurants, Inc. | 1,927,396 | 329,025,771 |
H&R Block, Inc. | 2,425,836 | 118,744,672 |
Wendy's Co. | 2,709,783 | 49,074,170 |
520,223,552 | ||
Energy 9.3% | ||
Chevron Corp. | 13,726,760 | 2,086,604,788 |
Coterra Energy, Inc. | 12,078,136 | 311,374,346 |
EOG Resources, Inc. | 9,284,571 | 1,062,711,997 |
ONEOK, Inc. | 9,287,943 | 697,710,278 |
Valero Energy Corp. | 5,630,957 | 796,555,177 |
4,954,956,586 | ||
Financial Services 8.1% | ||
Artisan Partners Asset Management, Inc., Class A | 1,090,424 | 46,964,562 |
BlackRock, Inc. | 2,237,896 | 1,815,694,541 |
Blackstone, Inc. | 11,317,480 | 1,446,600,294 |
Cohen & Steers, Inc. | 407,967 | 30,005,973 |
Federal Agricultural Mortgage Corp., Class C | 148,588 | 26,577,935 |
Janus Henderson Group PLC | 2,112,679 | 65,831,078 |
Lazard, Inc., Class A | 1,800,714 | 69,399,517 |
Northern Trust Corp. | 3,300,824 | 271,096,675 |
Radian Group, Inc. | 2,506,818 | 73,048,676 |
T Rowe Price Group, Inc. | 3,576,541 | 405,400,922 |
Western Union Co. | 5,972,287 | 80,088,369 |
4,330,708,542 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Food, Beverage & Tobacco 10.5% | ||
Altria Group, Inc. | 28,297,465 | 1,157,649,293 |
Coca-Cola Co. | 33,924,409 | 2,036,143,028 |
Kellanova | 4,203,406 | 231,817,841 |
PepsiCo, Inc. | 11,817,521 | 1,953,908,922 |
Tyson Foods, Inc., Class A | 4,553,300 | 246,970,992 |
5,626,490,076 | ||
Household & Personal Products 1.2% | ||
Kimberly-Clark Corp. | 5,392,600 | 653,421,342 |
Insurance 2.1% | ||
Allstate Corp. | 4,170,980 | 665,354,730 |
Fidelity National Financial, Inc. | 4,123,306 | 208,556,817 |
First American Financial Corp. | 1,642,270 | 95,924,991 |
Stewart Information Services Corp. | 435,167 | 27,406,818 |
Unum Group | 2,932,210 | 144,997,784 |
1,142,241,140 | ||
Materials 3.2% | ||
Amcor PLC | 23,464,601 | 212,589,285 |
Huntsman Corp. | 2,641,741 | 67,628,570 |
International Paper Co. | 5,517,272 | 195,090,738 |
LyondellBasell Industries NV, Class A | 4,083,948 | 409,538,305 |
Newmont Corp. | 18,376,247 | 574,257,719 |
Packaging Corp. of America | 1,433,756 | 259,782,250 |
1,718,886,867 | ||
Media & Entertainment 0.5% | ||
Interpublic Group of Cos., Inc. | 6,138,850 | 192,759,890 |
Paramount Global, Class B | 7,683,859 | 84,829,803 |
277,589,693 | ||
Pharmaceuticals, Biotechnology & Life Sciences 16.4% | ||
AbbVie, Inc. | 14,262,948 | 2,510,991,995 |
Amgen, Inc. | 7,409,663 | 2,028,988,019 |
Merck & Co., Inc. | 19,533,450 | 2,483,678,168 |
Pfizer, Inc. | 65,672,166 | 1,744,252,729 |
8,767,910,911 | ||
Semiconductors & Semiconductor Equipment 9.1% | ||
Broadcom, Inc. | 2,099,650 | 2,730,573,828 |
Texas Instruments, Inc. | 12,894,375 | 2,157,615,769 |
4,888,189,597 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Technology Hardware & Equipment 3.7% | ||
Cisco Systems, Inc. | 41,111,728 | 1,988,574,283 |
Telecommunication Services 3.9% | ||
Verizon Communications, Inc. | 52,315,107 | 2,093,650,582 |
Transportation 3.2% | ||
United Parcel Service, Inc., Class B | 11,533,167 | 1,709,907,340 |
Utilities 0.4% | ||
Clearway Energy, Inc., Class A | 547,613 | 11,094,640 |
NRG Energy, Inc. | 3,655,772 | 202,237,307 |
213,331,947 | ||
Total Common Stocks (Cost $48,687,574,010) | 53,346,988,769 |
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% (a) | 30,857,930 | 30,857,930 |
Total Short-Term Investments (Cost $30,857,930) | 30,857,930 | |
Total Investments in Securities (Cost $48,718,431,940) | 53,377,846,699 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
DJIA CBOT, e-mini, expires 03/15/24 | 604 | 117,909,860 | 722,845 |
S&P 400 Mid-Cap Index, e-mini, expires 03/15/24 | 102 | 29,504,520 | 350,471 |
1,073,316 |
(a) | The rate shown is the annualized 7-day yield. |
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 | $53,346,988,769 | $— | $— | $53,346,988,769 |
Short-Term Investments1 | 30,857,930 | — | — | 30,857,930 |
Futures Contracts2 | 1,073,316 | — | — | 1,073,316 |
Total | $53,378,920,015 | $— | $— | $53,378,920,015 |
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 $48,718,431,940) | $53,377,846,699 | |
Deposit with broker for futures contracts | 9,712,000 | |
Receivables: | ||
Dividends | 176,163,771 | |
Fund shares sold | 50,461,344 | |
Variation margin on future contracts | + | 403,432 |
Total assets | 53,614,587,246 | |
Liabilities | ||
Payables: | ||
Investments bought | 114,431,432 | |
Management fees | + | 2,515,714 |
Total liabilities | 116,947,146 | |
Net assets | $53,497,640,100 | |
Net Assets by Source | ||
Capital received from investors | $50,803,131,203 | |
Total distributable earnings | + | 2,694,508,897 |
Net assets | $53,497,640,100 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$53,497,640,100 | 688,800,000 | $77.67 | ||
For the period September 1, 2023 through February 29, 2024; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $32,787) | $948,704,690 | |
Interest received from securities - unaffiliated | 241,239 | |
Securities on loan, net | + | 20,930 |
Total investment income | 948,966,859 | |
Expenses | ||
Management fees | 14,858,470 | |
Total expenses | – | 14,858,470 |
Net investment income | 934,108,389 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated | (236,892,642 ) | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 350,295,525 | |
Net realized gains on futures contracts | + | 7,521,480 |
Net realized gains | 120,924,363 | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 2,071,277,460 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 1,917,675 |
Net change in unrealized appreciation (depreciation) | + | 2,073,195,135 |
Net realized and unrealized gains | 2,194,119,498 | |
Increase in net assets resulting from operations | $3,128,227,887 |
OPERATIONS | |||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||
Net investment income | $934,108,389 | $1,670,280,849 | |
Net realized gains (losses) | 120,924,363 | (821,924,036 ) | |
Net change in unrealized appreciation (depreciation) | + | 2,073,195,135 | 1,886,026,597 |
Increase in net assets resulting from operations | $3,128,227,887 | $2,734,383,410 | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($939,877,990 ) | ($1,545,094,465 ) |
TRANSACTIONS IN FUND SHARES | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 45,750,000 | $3,371,079,023 | 183,450,000 | $13,551,421,768 | |
Shares redeemed | + | (22,550,000 ) | (1,672,293,230 ) | (30,350,000 ) | (2,224,717,829 ) |
Net transactions in fund shares | 23,200,000 | $1,698,785,793 | 153,100,000 | $11,326,703,939 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/23-2/29/24 | 9/1/22-8/31/23 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 665,600,000 | $49,610,504,410 | 512,500,000 | $37,094,511,526 | |
Total increase | + | 23,200,000 | 3,887,135,690 | 153,100,000 | 12,515,992,884 |
End of period | 688,800,000 | $53,497,640,100 | 665,600,000 | $49,610,504,410 |
SCHWAB STRATEGIC TRUST | |
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:
securities, and distributions from portfolio securities and underlying funds are recorded on the date they are effective (the
ex-dividend date), although the funds record certain foreign security dividends on the date the ex-dividend date is confirmed. Any
distributions from underlying funds are recorded in accordance with the character of the distributions as designated by the
underlying funds.
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 | 0.1 % | 0.0 %* | — % |
Schwab Target 2020 Index Fund | 0.2 % | 0.0 %* | — % |
Schwab Target 2025 Index Fund | 0.4 % | 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 | 1.1 % | 0.3 % | — % |
Schwab Target 2045 Index Fund | 0.7 % | 0.2 % | — % |
Schwab Target 2050 Index Fund | 1.0 % | 0.3 % | — % |
Schwab Target 2055 Index Fund | 0.7 % | 0.2 % | — % |
Schwab Target 2060 Index Fund | 0.8 % | 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 | 0.1 % | 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 | $36,426,324 | $50,106,974 | ($28,766,998 ) |
Schwab 1000 Index ETF | 18,134,497 | 13,863,243 | (7,798,065 ) |
Schwab U.S. Large-Cap ETF | 158,119,848 | 175,738,837 | (151,965,250 ) |
Schwab U.S. Large-Cap Growth ETF | 277,702,089 | 277,226,689 | (42,386,310 ) |
Schwab U.S. Large-Cap Value ETF | 213,231,539 | 237,407,072 | (11,933,681 ) |
Schwab U.S. Mid-Cap ETF | 79,009,256 | 219,135,648 | (135,176,234 ) |
Schwab U.S. Small-Cap ETF | 258,739,494 | 383,381,536 | (99,884,378 ) |
Schwab U.S. Dividend Equity ETF | 60,547,089 | 104,063,861 | (20,820,116 ) |
5. Other Service Providers:
6. Board of Trustees:
7. Borrowing from Banks:
8. Derivatives:
EQUITY CONTRACTS | TOTAL | |
Asset Derivatives | ||
Schwab U.S. Broad Market ETF | ||
Futures Contracts1 | $934,020 | $934,020 |
Schwab 1000 Index ETF | ||
Futures Contracts1 | 58,858 | 58,858 |
Schwab U.S. Large-Cap ETF | ||
Futures Contracts1 | 2,029,010 | 2,029,010 |
Schwab U.S. Large-Cap Growth ETF | ||
Futures Contracts1 | 316,674 | 316,674 |
Schwab U.S. Large-Cap Value ETF | ||
Futures Contracts1 | 719,913 | 719,913 |
Schwab U.S. Mid-Cap ETF | ||
Futures Contracts1 | 141,420 | 141,420 |
Schwab U.S. Small-Cap ETF | ||
Futures Contracts1 | 86,575 | 86,575 |
Schwab U.S. Dividend Equity ETF | ||
Futures Contracts1 | 1,073,316 | 1,073,316 |
1 | Includes cumulative unrealized appreciation of futures contracts as reported in each fund’s Portfolio Holdings. Only current day’s variation margin on futures contracts is reported within the Statement of Assets and Liabilities. |
EQUITY CONTRACTS | TOTAL | |
Net Realized Gains (Losses) | ||
Schwab U.S. Broad Market ETF | ||
Futures Contracts1 | $3,358,845 | $3,358,845 |
Schwab 1000 Index ETF | ||
Futures Contracts1 | 429,181 | 429,181 |
Schwab U.S. Large-Cap ETF | ||
Futures Contracts1 | 3,331,439 | 3,331,439 |
Schwab U.S. Large-Cap Growth ETF | ||
Futures Contracts1 | 3,781,481 | 3,781,481 |
Schwab U.S. Large-Cap Value ETF | ||
Futures Contracts1 | 264,484 | 264,484 |
Schwab U.S. Mid-Cap ETF | ||
Futures Contracts1 | (17,461 ) | (17,461 ) |
Schwab U.S. Small-Cap ETF | ||
Futures Contracts1 | (1,065,775 ) | (1,065,775 ) |
Schwab U.S. Dividend Equity ETF | ||
Futures Contracts1 | 7,521,480 | 7,521,480 |
1 | Statement of Operations location: Net realized gains (losses) on futures contracts. |
Net Change in Unrealized Appreciation (Depreciation) | ||
Schwab U.S. Broad Market ETF | ||
Futures Contracts1 | $758,044 | $758,044 |
Schwab 1000 Index ETF | ||
Futures Contracts1 | 34,631 | 34,631 |
Schwab U.S. Large-Cap ETF | ||
Futures Contracts1 | 1,748,636 | 1,748,636 |
Schwab U.S. Large-Cap Growth ETF | ||
Futures Contracts1 | (326,112 ) | (326,112 ) |
Schwab U.S. Large-Cap Value ETF | ||
Futures Contracts1 | 674,806 | 674,806 |
Schwab U.S. Mid-Cap ETF | ||
Futures Contracts1 | 129,920 | 129,920 |
Schwab U.S. Small-Cap ETF | ||
Futures Contracts1 | (143,184 ) | (143,184 ) |
Schwab U.S. Dividend Equity ETF | ||
Futures Contracts1 | 1,917,675 | 1,917,675 |
1 | Statement of Operations location: Net change in unrealized appreciation (depreciation) on futures contracts. |
NOTIONAL AMOUNTS | NUMBER OF CONTRACTS | |
Schwab U.S. Broad Market ETF | $34,825,811 | 150 |
Schwab 1000 Index ETF | 4,332,338 | 19 |
Schwab U.S. Large-Cap ETF | 51,633,139 | 222 |
Schwab U.S. Large-Cap Growth ETF | 16,715,908 | 104 |
Schwab U.S. Large-Cap Value ETF | 20,334,155 | 223 |
Schwab U.S. Mid-Cap ETF | 14,745,154 | 57 |
Schwab U.S. Small-Cap ETF | 28,318,933 | 299 |
Schwab U.S. Dividend Equity ETF | 128,090,799 | 661 |
9. Purchases and Sales of Investment Securities:
PURCHASES OF SECURITIES | SALES OF SECURITIES | |
Schwab U.S. Broad Market ETF | $537,790,341 | $406,102,260 |
Schwab 1000 Index ETF | 90,195,722 | 74,932,818 |
Schwab U.S. Large-Cap ETF | 867,203,649 | 719,629,262 |
Schwab U.S. Large-Cap Growth ETF | 816,374,393 | 705,747,088 |
Schwab U.S. Large-Cap Value ETF | 458,543,129 | 417,413,683 |
Schwab U.S. Mid-Cap ETF | 1,289,857,648 | 1,225,556,801 |
Schwab U.S. Small-Cap ETF | 1,503,369,189 | 1,305,490,694 |
Schwab U.S. Dividend Equity ETF | 3,212,987,294 | 3,215,472,514 |
IN-KIND PURCHASES OF SECURITIES | IN-KIND SALES OF SECURITIES | |
Schwab U.S. Broad Market ETF | $562,460,042 | $109,050,480 |
Schwab 1000 Index ETF | 238,651,063 | 209,464,324 |
Schwab U.S. Large-Cap ETF | 1,204,245,377 | 1,048,971,317 |
Schwab U.S. Large-Cap Growth ETF | 2,578,905,277 | 269,992,688 |
Schwab U.S. Large-Cap Value ETF | 326,578,658 | 321,931,099 |
Schwab U.S. Mid-Cap ETF | 920,638,289 | 643,703,051 |
Schwab U.S. Small-Cap ETF | 2,207,675,691 | 1,424,057,312 |
Schwab U.S. Dividend Equity ETF | 3,082,132,673 | 1,388,708,649 |
11. Federal Income Taxes:
TAX COST | GROSS UNREALIZED APPRECIATION | GROSS UNREALIZED DEPRECIATION | NET UNREALIZED APPRECIATION (DEPRECIATION) | |
Schwab U.S. Broad Market ETF | $15,644,202,715 | $12,300,445,499 | ($938,305,938 ) | $11,362,139,561 |
Schwab 1000 Index ETF | 2,418,492,488 | 1,054,594,439 | (101,141,091 ) | 953,453,348 |
Schwab U.S. Large-Cap ETF | 23,815,421,075 | 16,005,192,495 | (1,037,659,416 ) | 14,967,533,079 |
Schwab U.S. Large-Cap Growth ETF | 14,771,271,168 | 11,778,101,802 | (420,797,401 ) | 11,357,304,401 |
Schwab U.S. Large-Cap Value ETF | 8,427,017,552 | 2,620,754,359 | (434,981,653 ) | 2,185,772,706 |
Schwab U.S. Mid-Cap ETF | 9,056,594,999 | 2,827,141,781 | (677,412,160 ) | 2,149,729,621 |
Schwab U.S. Small-Cap ETF | 15,532,355,768 | 3,610,525,101 | (2,406,469,353 ) | 1,204,055,748 |
Schwab U.S. Dividend Equity ETF | 49,125,228,258 | 7,155,016,646 | (2,901,324,889 ) | 4,253,691,757 |
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 |
PRIOR FISCAL YEAR END DISTRIBUTIONS | |
ORDINARY INCOME | |
Schwab U.S. Broad Market ETF | $337,594,345 |
Schwab 1000 Index ETF | 38,671,065 |
Schwab U.S. Large-Cap ETF | 491,587,390 |
Schwab U.S. Large-Cap Growth ETF | 83,274,425 |
Schwab U.S. Large-Cap Value ETF | 245,578,070 |
Schwab U.S. Mid-Cap ETF | 160,033,135 |
Schwab U.S. Small-Cap ETF | 203,432,945 |
Schwab U.S. Dividend Equity ETF | 1,545,094,465 |
12. Subsequent Events:
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.; Co-Chairman of the Board (July 2022 – present) and Director (Apr. 2006 – present), Charles Schwab Bank, SSB; Co-Chairman of the Board (July 2022 – present) and Director (Nov. 2017 – present), Charles Schwab Premier Bank, SSB; Co-Chairman of the Board (July 2022 – present) and 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.; Manager (Sept. 2023 – present), TD Ameritrade Holding LLC; Director (Oct. 2020 – Aug. 2023), 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, 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) | Chief Executive Officer (Jan. 2022 – present), President (Oct. 2023 – present), (Chief Investment Officer (Apr. 2011 – present) and Senior Vice President (Apr. 2011 – Jan. 2022), 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), President (Oct. 2023 – present), Chief Investment Officer (June 2011 – present) and Vice President (June 2011 – Sept. 2023), Schwab Funds, Laudus Trust and Schwab ETFs. |
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; Chief Financial Officer (Mar. 2020 – present), Chief Operating Officer (Oct. 2023 – present), Managing Director (Mar. 2023 – present) and Vice President (Oct. 2013 – Mar. 2023), Charles Schwab Investment Management, Inc. |
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.; Managing Director (May 2022 – present) and Vice President (Apr. 2022 – May 2022), Charles Schwab & Co., Inc. |
Patrick Cassidy 1964 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 2018) | Chief Investment Officer (Oct. 2023 – present) and Vice President (Feb. 2018 – present), Schwab Funds, Laudus Trust and Schwab ETFs; Managing Director (Mar. 2023 – present), Chief Investment Officer (Oct. 2023 – present), and Senior Vice President (Oct. 2012 – Mar. 2023), Charles Schwab Investment Management, Inc. |
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), Senior Vice President (Jan. 2020 – Mar. 2023) and Chief Investment Officer (Jan. 2020 – present) 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) | Chief Legal Officer (Mar. 2022 – present), Managing Director (Mar. 2023 – present) and Vice President (Sept. 2005 – Mar. 2023), Charles Schwab Investment Management, Inc.; Managing Director (May 2022 – present) and Vice President (Aug. 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. |
Index ETF
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Total Returns for the 6 Months Ended February 29, 2024 | |
Schwab High Yield Bond ETF (Ticker Symbol: SCYB) | |
Market Price Return1 | 5.81% |
NAV Return1 | 5.73% |
Bloomberg US Aggregate Bond Index2 | 2.35% |
ICE BofA US Cash Pay High Yield Constrained Index | 6.11% |
ETF Category: Morningstar High Yield Bond3 | 5.69% |
Performance Details | pages 4-5 |
![]() | Matthew Hastings, CFA, Managing Director and Head of 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 Charles Schwab & Co.’s management training program and worked as a clerk on the options trading floor of the Pacific Coast Stock Exchange. |
Fund and Inception Date | 6 Months | Since Inception* |
Fund: Schwab High Yield Bond ETF (7/11/23) | ||
Market Price Return2 | 5.81% | 7.97% |
NAV Return2 | 5.73% | 7.89% |
Bloomberg US Aggregate Bond Index3 | 2.35% | 2.61% |
ICE BofA US Cash Pay High Yield Constrained Index | 6.11% | 8.40% |
ETF Category: Morningstar High Yield Bond4 | 5.69% | N/A |
Fund Expense Ratio5: 0.03% |
![](https://capedge.com/proxy/N-CSRS/0001193125-24-127496/g680386img5e39f2285.jpg)
Weighted Average Maturity3 | 4.4 Yrs |
Weighted Average Duration3 | 3.4 Yrs |
EXPENSE RATIO (ANNUALIZED) 1 | BEGINNING ACCOUNT VALUE AT 9/1/23 | ENDING ACCOUNT VALUE (NET OF EXPENSES) AT 2/29/24 | EXPENSES PAID DURING PERIOD 9/1/23-2/29/24 2 | |
Schwab High Yield Bond ETF | ||||
Actual Return | 0.04% | $1,000.00 | $1,057.30 | $0.20 |
Hypothetical 5% Return | 0.04% | $1,000.00 | $1,024.66 | $0.20 |
1 | Based on the most recent six-month expense ratio. Effective September 25, 2023, the advisory fee of the Schwab High Yield Bond ETF, was reduced to 0.03%. If the fund expense changes had been in place throughout the entire most recent fiscal half-year the expenses paid during the period under the actual return and hypothetical 5% return example would have been $0.15 and $0.15, respectively (see financial note 4 for additional information). |
2 | Expenses for the fund are equal to its annualized expense ratio, multiplied by the average account value over the period, multiplied by 182 days in the period, and divided by 366 days in the fiscal year. |
9/1/23– 2/29/24* | 7/11/231– 8/31/23 | |||||
Per-Share Data | ||||||
Net asset value at beginning of period | $51.02 | $50.00 | ||||
Income (loss) from investment operations: | ||||||
Net investment income (loss)2 | 2.04 | 0.56 | ||||
Net realized and unrealized gains (losses) | 0.80 | 0.46 | ||||
Total from investment operations | 2.84 | 1.02 | ||||
Less distributions: | ||||||
Distributions from net investment income | (2.01 ) | — | ||||
Net asset value at end of period | $51.85 | $51.02 | ||||
Total return | 5.73 %3 | 2.04 %3 | ||||
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.04 %4,5 | 0.10 %5 | ||||
Net investment income (loss) | 8.15 %5 | 7.88 %5 | ||||
Portfolio turnover rate6 | 10 %3 | 1 %3 | ||||
Net assets, end of period (x 1,000) | $116,665 | $45,918 |
* | Unaudited. |
1 | Commencement of operations. |
2 | Calculated based on the average shares outstanding during the period. |
3 | Not annualized. |
4 | Effective September 23, 2023, the annual operating expense ratio was reduced to 0.03%. The ratio presented for the period ended February 29, 2024, is a blended ratio. |
5 | Annualized. |
6 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
CORPORATES 97.8% OF NET ASSETS | ||
Financial Institutions 10.8% | ||
Banking 0.9% | ||
Ally Financial, Inc. | ||
5.75%, 11/20/25 (a) | 115,000 | 114,467 |
6.70%, 02/14/33 (a) | 55,000 | 54,234 |
Intesa Sanpaolo SpA | ||
5.71%, 01/15/26 (b) | 220,000 | 218,075 |
4.20%, 06/01/32 (a)(b) | 200,000 | 164,185 |
Popular, Inc. | ||
7.25%, 03/13/28 (a) | 40,000 | 40,597 |
Synchrony Financial | ||
7.25%, 02/02/33 (a) | 95,000 | 92,419 |
Texas Capital Bancshares, Inc. | ||
4.00%, 05/06/31 (a)(c) | 55,000 | 47,029 |
UniCredit SpA | ||
5.46%, 06/30/35 (a)(b) | 275,000 | 254,343 |
Valley National Bancorp | ||
3.00%, 06/15/31 (a)(c) | 60,000 | 46,646 |
Western Alliance Bancorp | ||
3.00%, 06/15/31 (a)(c) | 45,000 | 39,578 |
1,071,573 | ||
Brokerage/Asset Managers/Exchanges 1.2% | ||
AG TTMT Escrow Issuer LLC | ||
8.63%, 09/30/27 (a)(b) | 110,000 | 113,335 |
Aretec Group, Inc. | ||
7.50%, 04/01/29 (a)(b) | 25,000 | 22,992 |
10.00%, 08/15/30 (a)(b) | 75,000 | 81,750 |
Brightsphere Investment Group, Inc. | ||
4.80%, 07/27/26 | 55,000 | 52,438 |
Coinbase Global, Inc. | ||
3.38%, 10/01/28 (a)(b) | 125,000 | 105,741 |
3.63%, 10/01/31 (a)(b) | 80,000 | 62,711 |
Compass Group Diversified Holdings LLC | ||
5.25%, 04/15/29 (a)(b) | 115,000 | 108,188 |
HAT Holdings I LLC/HAT Holdings II LLC | ||
3.38%, 06/15/26 (a)(b) | 150,000 | 140,467 |
3.75%, 09/15/30 (b) | 25,000 | 20,598 |
Hightower Holding LLC | ||
6.75%, 04/15/29 (a)(b) | 10,000 | 9,403 |
Hunt Cos., Inc. | ||
5.25%, 04/15/29 (a)(b) | 55,000 | 50,392 |
Jane Street Group/JSG Finance, Inc. | ||
4.50%, 11/15/29 (a)(b) | 50,000 | 46,058 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Jefferies Finance LLC/JFIN Co.-Issuer Corp. | ||
5.00%, 08/15/28 (a)(b) | 200,000 | 180,142 |
NFP Corp. | ||
6.88%, 08/15/28 (a)(b) | 140,000 | 142,302 |
7.50%, 10/01/30 (a)(b) | 135,000 | 142,183 |
StoneX Group, Inc. | ||
8.63%, 06/15/25 (a)(b) | 40,000 | 40,284 |
7.88%, 03/01/31 (a)(b) | 50,000 | 50,675 |
1,369,659 | ||
Finance Companies 3.4% | ||
Bread Financial Holdings, Inc. | ||
9.75%, 03/15/29 (a)(b) | 145,000 | 148,500 |
Castlelake Aviation Finance DAC | ||
5.00%, 04/15/27 (a)(b) | 50,000 | 47,501 |
Cobra AcquisitionCo LLC | ||
6.38%, 11/01/29 (a)(b) | 15,000 | 12,327 |
Curo Group Holdings Corp. | ||
7.50%, 08/01/28 (a)(b)(d)(e) | 77,000 | 17,311 |
Enova International, Inc. | ||
8.50%, 09/15/25 (a)(b) | 15,000 | 14,869 |
11.25%, 12/15/28 (a)(b) | 50,000 | 52,408 |
Finance of America Funding LLC | ||
7.88%, 11/15/25 (a)(b) | 25,000 | 19,881 |
FirstCash, Inc. | ||
5.63%, 01/01/30 (a)(b) | 75,000 | 71,138 |
Fortress Transportation & Infrastructure Investors LLC | ||
6.50%, 10/01/25 (a)(b) | 85,000 | 85,124 |
5.50%, 05/01/28 (a)(b) | 170,000 | 163,007 |
Freedom Mortgage Corp. | ||
7.63%, 05/01/26 (a)(b) | 90,000 | 89,402 |
6.63%, 01/15/27 (a)(b) | 75,000 | 71,560 |
12.00%, 10/01/28 (a)(b) | 100,000 | 108,469 |
12.25%, 10/01/30 (a)(b) | 50,000 | 55,076 |
GGAM Finance Ltd. | ||
8.00%, 06/15/28 (a)(b) | 110,000 | 113,888 |
goeasy Ltd. | ||
4.38%, 05/01/26 (a)(b) | 40,000 | 38,302 |
9.25%, 12/01/28 (a)(b) | 50,000 | 53,100 |
LD Holdings Group LLC | ||
6.50%, 11/01/25 (a)(b) | 55,000 | 50,958 |
6.13%, 04/01/28 (a)(b) | 50,000 | 40,871 |
LFS Topco LLC | ||
5.88%, 10/15/26 (a)(b) | 40,000 | 37,014 |
Macquarie Airfinance Holdings Ltd. | ||
8.38%, 05/01/28 (a)(b) | 60,000 | 62,898 |
Midcap Financial Issuer Trust | ||
6.50%, 05/01/28 (a)(b) | 200,000 | 183,502 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Nationstar Mortgage Holdings, Inc. | ||
5.00%, 02/01/26 (a)(b) | 55,000 | 53,496 |
6.00%, 01/15/27 (a)(b) | 40,000 | 39,363 |
5.50%, 08/15/28 (a)(b) | 50,000 | 47,268 |
5.13%, 12/15/30 (a)(b) | 50,000 | 44,693 |
5.75%, 11/15/31 (a)(b) | 60,000 | 55,022 |
7.13%, 02/01/32 (a)(b) | 75,000 | 73,826 |
Navient Corp. | ||
6.75%, 06/25/25 | 70,000 | 70,477 |
6.75%, 06/15/26 | 25,000 | 25,125 |
5.00%, 03/15/27 (a) | 65,000 | 61,699 |
5.50%, 03/15/29 (a) | 105,000 | 95,156 |
11.50%, 03/15/31 (a) | 75,000 | 82,134 |
5.63%, 08/01/33 | 85,000 | 69,335 |
OneMain Finance Corp. | ||
6.88%, 03/15/25 | 75,000 | 75,811 |
7.13%, 03/15/26 | 110,000 | 111,872 |
3.88%, 09/15/28 (a) | 105,000 | 91,864 |
9.00%, 01/15/29 (a) | 205,000 | 215,500 |
7.88%, 03/15/30 (a) | 75,000 | 76,338 |
4.00%, 09/15/30 (a) | 150,000 | 126,560 |
Oxford Finance LLC/Oxford Finance Co.-Issuer II, Inc. | ||
6.38%, 02/01/27 (a)(b) | 95,000 | 89,431 |
PennyMac Financial Services, Inc. | ||
5.38%, 10/15/25 (a)(b) | 100,000 | 98,506 |
4.25%, 02/15/29 (a)(b) | 80,000 | 72,219 |
5.75%, 09/15/31 (a)(b) | 90,000 | 82,833 |
PROG Holdings, Inc. | ||
6.00%, 11/15/29 (a)(b) | 40,000 | 36,806 |
Rocket Mortgage LLC/Rocket Mortgage Co.-Issuer, Inc. | ||
2.88%, 10/15/26 (a)(b) | 125,000 | 115,141 |
3.63%, 03/01/29 (a)(b) | 50,000 | 44,399 |
3.88%, 03/01/31 (a)(b) | 175,000 | 150,386 |
4.00%, 10/15/33 (a)(b) | 55,000 | 45,708 |
SLM Corp. | ||
3.13%, 11/02/26 (a) | 84,000 | 77,257 |
United Wholesale Mortgage LLC | ||
5.50%, 11/15/25 (a)(b) | 100,000 | 98,383 |
5.50%, 04/15/29 (a)(b) | 80,000 | 74,777 |
3,938,491 | ||
Financial Other 1.1% | ||
Burford Capital Global Finance LLC | ||
6.88%, 04/15/30 (a)(b) | 200,000 | 192,070 |
Credit Acceptance Corp. | ||
6.63%, 03/15/26 (a) | 25,000 | 24,926 |
9.25%, 12/15/28 (a)(b) | 55,000 | 58,251 |
Five Point Operating Co. LP/Five Point Capital Corp. | ||
10.50%, 01/15/28 (a)(b) | 45,989 | 47,086 |
Greystar Real Estate Partners LLC | ||
7.75%, 09/01/30 (a)(b) | 50,000 | 51,924 |
Howard Hughes Corp. | ||
5.38%, 08/01/28 (a)(b) | 75,000 | 70,839 |
4.38%, 02/01/31 (a)(b) | 80,000 | 68,261 |
Icahn Enterprises LP/Icahn Enterprises Finance Corp. | ||
6.25%, 05/15/26 (a) | 125,000 | 121,922 |
5.25%, 05/15/27 (a) | 145,000 | 133,383 |
9.75%, 01/15/29 (a)(b) | 145,000 | 151,706 |
4.38%, 02/01/29 (a) | 51,000 | 43,095 |
Jefferson Capital Holdings LLC | ||
6.00%, 08/15/26 (a)(b) | 50,000 | 48,048 |
Kennedy-Wilson, Inc. | ||
4.75%, 02/01/30 (a) | 150,000 | 118,841 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
PHH Mortgage Corp. | ||
7.88%, 03/15/26 (a)(b) | 27,000 | 24,958 |
PRA Group, Inc. | ||
8.38%, 02/01/28 (a)(b) | 40,000 | 39,125 |
5.00%, 10/01/29 (a)(b) | 75,000 | 62,893 |
1,257,328 | ||
Insurance 2.3% | ||
Acrisure LLC/Acrisure Finance, Inc. | ||
10.13%, 08/01/26 (a)(b) | 45,000 | 46,830 |
8.25%, 02/01/29 (a)(b) | 125,000 | 123,596 |
6.00%, 08/01/29 (a)(b) | 35,000 | 31,539 |
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer | ||
4.25%, 10/15/27 (a)(b) | 75,000 | 69,310 |
6.75%, 10/15/27 (a)(b) | 175,000 | 170,175 |
6.75%, 04/15/28 (a)(b) | 135,000 | 134,197 |
7.00%, 01/15/31 (a)(b) | 150,000 | 149,519 |
AmWINS Group, Inc. | ||
6.38%, 02/15/29 (a)(b) | 100,000 | 100,128 |
4.88%, 06/30/29 (a)(b) | 50,000 | 46,173 |
Ardonagh Group Finance Ltd. | ||
8.88%, 02/15/32 (a)(b) | 200,000 | 195,724 |
AssuredPartners, Inc. | ||
5.63%, 01/15/29 (a)(b) | 5,000 | 4,605 |
7.50%, 02/15/32 (a)(b) | 100,000 | 98,336 |
BroadStreet Partners, Inc. | ||
5.88%, 04/15/29 (a)(b) | 75,000 | 69,627 |
Genworth Holdings, Inc. | ||
6.50%, 06/15/34 | 25,000 | 23,391 |
Global Atlantic Fin Co. | ||
4.70%, 10/15/51 (a)(b)(c) | 67,000 | 59,199 |
GTCR AP Finance, Inc. | ||
8.00%, 05/15/27 (a)(b) | 100,000 | 100,231 |
Howden U.K. Refinance PLC/Howden U.K. Refinance 2 PLC/Howden U.S. Refinance LLC | ||
8.13%, 02/15/32 (a)(b) | 200,000 | 201,375 |
HUB International Ltd. | ||
5.63%, 12/01/29 (a)(b) | 35,000 | 32,525 |
7.25%, 06/15/30 (a)(b) | 300,000 | 306,230 |
7.38%, 01/31/32 (a)(b) | 175,000 | 175,664 |
Jones Deslauriers Insurance Management, Inc. | ||
8.50%, 03/15/30 (a)(b) | 95,000 | 98,903 |
10.50%, 12/15/30 (a)(b) | 10,000 | 10,457 |
Liberty Mutual Group, Inc. | ||
7.80%, 03/15/37 (b) | 75,000 | 76,532 |
4.30%, 02/01/61 (a)(b) | 90,000 | 57,434 |
Molina Healthcare, Inc. | ||
4.38%, 06/15/28 (a)(b) | 105,000 | 97,912 |
3.88%, 11/15/30 (a)(b) | 50,000 | 43,906 |
3.88%, 05/15/32 (a)(b) | 59,000 | 50,786 |
Ryan Specialty LLC | ||
4.38%, 02/01/30 (a)(b) | 35,000 | 32,551 |
USI, Inc. | ||
7.50%, 01/15/32 (a)(b) | 50,000 | 49,875 |
2,656,730 | ||
REITs 1.9% | ||
Apollo Commercial Real Estate Finance, Inc. | ||
4.63%, 06/15/29 (a)(b) | 40,000 | 33,135 |
Blackstone Mortgage Trust, Inc. | ||
3.75%, 01/15/27 (a)(b) | 30,000 | 26,302 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Brandywine Operating Partnership LP | ||
3.95%, 11/15/27 (a) | 105,000 | 92,418 |
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC | ||
5.75%, 05/15/26 (a)(b) | 95,000 | 91,716 |
4.50%, 04/01/27 (a)(b) | 60,000 | 52,816 |
CTR Partnership LP/CareTrust Capital Corp. | ||
3.88%, 06/30/28 (a)(b) | 25,000 | 22,634 |
Diversified Healthcare Trust | ||
9.75%, 06/15/25 (a) | 75,000 | 74,742 |
4.75%, 02/15/28 (a) | 37,000 | 29,489 |
4.38%, 03/01/31 (a) | 40,000 | 30,442 |
Global Net Lease, Inc./Global Net Lease Operating Partnership LP | ||
3.75%, 12/15/27 (a)(b) | 45,000 | 38,050 |
Hudson Pacific Properties LP | ||
5.95%, 02/15/28 (a) | 50,000 | 44,933 |
4.65%, 04/01/29 (a) | 90,000 | 75,070 |
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp. | ||
4.25%, 02/01/27 (a)(b) | 90,000 | 82,923 |
4.75%, 06/15/29 (a)(b) | 90,000 | 80,883 |
MPT Operating Partnership LP/MPT Finance Corp. | ||
5.25%, 08/01/26 (a) | 80,000 | 71,338 |
5.00%, 10/15/27 (a) | 80,000 | 65,555 |
4.63%, 08/01/29 (a) | 65,000 | 48,498 |
3.50%, 03/15/31 (a) | 165,000 | 110,622 |
Necessity Retail REIT, Inc./American Finance Operating Partner LP | ||
4.50%, 09/30/28 (a)(b) | 50,000 | 42,163 |
Office Properties Income Trust | ||
4.50%, 02/01/25 (a) | 66,000 | 53,546 |
2.40%, 02/01/27 (a) | 80,000 | 41,354 |
Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co-Issuer | ||
7.50%, 06/01/25 (a)(b) | 100,000 | 100,401 |
5.88%, 10/01/28 (a)(b) | 50,000 | 48,646 |
4.88%, 05/15/29 (a)(b) | 55,000 | 50,584 |
RHP Hotel Properties LP/RHP Finance Corp. | ||
7.25%, 07/15/28 (a)(b) | 15,000 | 15,376 |
4.50%, 02/15/29 (a)(b) | 75,000 | 69,780 |
Rithm Capital Corp. | ||
6.25%, 10/15/25 (a)(b) | 45,000 | 44,459 |
RLJ Lodging Trust LP | ||
3.75%, 07/01/26 (a)(b) | 75,000 | 70,774 |
Service Properties Trust | ||
4.50%, 03/15/25 (a) | 50,000 | 48,905 |
7.50%, 09/15/25 (a) | 100,000 | 101,383 |
5.25%, 02/15/26 (a) | 80,000 | 77,782 |
5.50%, 12/15/27 (a) | 50,000 | 47,128 |
3.95%, 01/15/28 (a) | 55,000 | 46,574 |
4.95%, 10/01/29 (a) | 40,000 | 32,953 |
8.63%, 11/15/31 (a)(b) | 160,000 | 169,121 |
Starwood Property Trust, Inc. | ||
3.63%, 07/15/26 (a)(b) | 65,000 | 60,691 |
4.38%, 01/15/27 (a)(b) | 25,000 | 23,470 |
Vornado Realty LP | ||
3.40%, 06/01/31 (a) | 50,000 | 38,837 |
XHR LP | ||
4.88%, 06/01/29 (a)(b) | 50,000 | 46,223 |
2,301,716 | ||
12,595,497 | ||
Industrial 83.7% | ||
Basic Industry 5.6% | ||
Alliance Resource Operating Partners LP/Alliance Resource Finance Corp. | ||
7.50%, 05/01/25 (a)(b) | 65,000 | 65,209 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Arsenal AIC Parent LLC | ||
8.00%, 10/01/30 (a)(b) | 125,000 | 131,094 |
11.50%, 10/01/31 (a)(b) | 50,000 | 55,063 |
Ashland, Inc. | ||
6.88%, 05/15/43 (a) | 35,000 | 36,174 |
ASP Unifrax Holdings, Inc. | ||
5.25%, 09/30/28 (a)(b) | 75,000 | 47,664 |
7.50%, 09/30/29 (a)(b) | 36,000 | 19,692 |
ATI, Inc. | ||
4.88%, 10/01/29 (a) | 60,000 | 55,337 |
7.25%, 08/15/30 (a) | 30,000 | 30,869 |
5.13%, 10/01/31 (a) | 40,000 | 36,657 |
Avient Corp. | ||
5.75%, 05/15/25 (a)(b) | 17,000 | 16,917 |
7.13%, 08/01/30 (a)(b) | 175,000 | 179,050 |
Axalta Coating Systems LLC/Axalta Coating Systems Dutch Holding B BV | ||
4.75%, 06/15/27 (a)(b) | 150,000 | 144,986 |
Baffinland Iron Mines Corp./Baffinland Iron Mines LP | ||
8.75%, 07/15/26 (a)(b) | 75,000 | 67,228 |
Big River Steel LLC/BRS Finance Corp. | ||
6.63%, 01/31/29 (a)(b) | 65,000 | 65,457 |
Calderys Financing LLC | ||
11.25%, 06/01/28 (a)(b) | 65,000 | 69,670 |
Carpenter Technology Corp. | ||
6.38%, 07/15/28 (a) | 65,000 | 64,787 |
Cascades, Inc./Cascades USA, Inc. | ||
5.38%, 01/15/28 (a)(b) | 50,000 | 48,391 |
Century Aluminum Co. | ||
7.50%, 04/01/28 (a)(b) | 15,000 | 14,434 |
Cerdia Finanz GmbH | ||
10.50%, 02/15/27 (a)(b) | 200,000 | 206,003 |
Chemours Co. | ||
5.38%, 05/15/27 (a) | 20,000 | 18,292 |
5.75%, 11/15/28 (a)(b) | 50,000 | 43,906 |
4.63%, 11/15/29 (a)(b) | 91,000 | 74,942 |
Cleveland-Cliffs, Inc. | ||
5.88%, 06/01/27 (a) | 65,000 | 64,383 |
4.63%, 03/01/29 (a)(b) | 15,000 | 13,788 |
6.75%, 04/15/30 (a)(b) | 115,000 | 114,302 |
Coeur Mining, Inc. | ||
5.13%, 02/15/29 (a)(b) | 15,000 | 13,829 |
Commercial Metals Co. | ||
4.13%, 01/15/30 (a) | 115,000 | 105,510 |
Compass Minerals International, Inc. | ||
6.75%, 12/01/27 (a)(b) | 50,000 | 48,821 |
Consolidated Energy Finance SA | ||
12.00%, 02/15/31 (a)(b) | 150,000 | 153,500 |
Constellium SE | ||
5.88%, 02/15/26 (a)(b) | 250,000 | 248,223 |
CVR Partners LP/CVR Nitrogen Finance Corp. | ||
6.13%, 06/15/28 (a)(b) | 40,000 | 37,857 |
Domtar Corp. | ||
6.75%, 10/01/28 (a)(b) | 40,000 | 37,008 |
Eldorado Gold Corp. | ||
6.25%, 09/01/29 (a)(b) | 75,000 | 70,331 |
Element Solutions, Inc. | ||
3.88%, 09/01/28 (a)(b) | 40,000 | 36,295 |
FMG Resources August 2006 Pty. Ltd. | ||
4.50%, 09/15/27 (a)(b) | 45,000 | 43,128 |
5.88%, 04/15/30 (a)(b) | 15,000 | 14,697 |
4.38%, 04/01/31 (a)(b) | 160,000 | 143,546 |
6.13%, 04/15/32 (a)(b) | 135,000 | 133,542 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Glatfelter Corp. | ||
4.75%, 11/15/29 (a)(b) | 37,000 | 31,173 |
GPD Cos., Inc. | ||
10.13%, 04/01/26 (a)(b) | 50,000 | 46,039 |
GrafTech Finance, Inc. | ||
4.63%, 12/15/28 (a)(b) | 75,000 | 49,401 |
Graphic Packaging International LLC | ||
3.50%, 03/15/28 (b) | 10,000 | 9,156 |
3.50%, 03/01/29 (a)(b) | 125,000 | 111,578 |
3.75%, 02/01/30 (a)(b) | 15,000 | 13,364 |
HB Fuller Co. | ||
4.25%, 10/15/28 (a) | 30,000 | 27,815 |
Hecla Mining Co. | ||
7.25%, 02/15/28 (a) | 25,000 | 24,967 |
Hudbay Minerals, Inc. | ||
6.13%, 04/01/29 (a)(b) | 100,000 | 98,230 |
IAMGOLD Corp. | ||
5.75%, 10/15/28 (a)(b) | 30,000 | 26,810 |
Illuminate Buyer LLC/Illuminate Holdings IV, Inc. | ||
9.00%, 07/01/28 (a)(b) | 50,000 | 49,251 |
Infrabuild Australia Pty. Ltd. | ||
14.50%, 11/15/28 (a)(b) | 28,000 | 28,363 |
Innophos Holdings, Inc. | ||
9.38%, 02/15/28 (a)(b) | 22,000 | 18,396 |
JW Aluminum Continuous Cast Co. | ||
10.25%, 06/01/26 (a)(b) | 25,000 | 25,473 |
Kaiser Aluminum Corp. | ||
4.63%, 03/01/28 (a)(b) | 105,000 | 96,973 |
LSB Industries, Inc. | ||
6.25%, 10/15/28 (a)(b) | 60,000 | 56,954 |
LSF11 A5 HoldCo LLC | ||
6.63%, 10/15/29 (a)(b) | 20,000 | 17,396 |
Mercer International, Inc. | ||
5.13%, 02/01/29 (a) | 100,000 | 86,290 |
Methanex Corp. | ||
5.13%, 10/15/27 (a) | 125,000 | 120,280 |
5.25%, 12/15/29 (a) | 100,000 | 95,175 |
5.65%, 12/01/44 (a) | 20,000 | 17,001 |
Mineral Resources Ltd. | ||
8.13%, 05/01/27 (a)(b) | 20,000 | 20,198 |
9.25%, 10/01/28 (a)(b) | 135,000 | 141,750 |
8.50%, 05/01/30 (a)(b) | 75,000 | 77,117 |
Minerals Technologies, Inc. | ||
5.00%, 07/01/28 (a)(b) | 130,000 | 123,460 |
New Gold, Inc. | ||
7.50%, 07/15/27 (a)(b) | 40,000 | 39,655 |
Novelis Corp. | ||
3.25%, 11/15/26 (a)(b) | 80,000 | 74,287 |
4.75%, 01/30/30 (a)(b) | 150,000 | 137,124 |
3.88%, 08/15/31 (a)(b) | 80,000 | 67,798 |
Nufarm Australia Ltd./Nufarm Americas, Inc. | ||
5.00%, 01/27/30 (a)(b) | 50,000 | 45,917 |
Olin Corp. | ||
5.13%, 09/15/27 (a) | 25,000 | 24,274 |
5.63%, 08/01/29 (a) | 85,000 | 83,244 |
Olympus Water U.S. Holding Corp. | ||
9.75%, 11/15/28 (a)(b) | 200,000 | 212,759 |
Perenti Finance Pty. Ltd. | ||
6.50%, 10/07/25 (a)(b) | 200,000 | 197,750 |
Polar U.S. Borrower LLC/Schenectady International Group, Inc. | ||
6.75%, 05/15/26 (a)(b) | 23,000 | 5,318 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Rain Carbon, Inc. | ||
12.25%, 09/01/29 (a)(b) | 50,000 | 50,069 |
Rayonier AM Products, Inc. | ||
7.63%, 01/15/26 (a)(b) | 55,000 | 49,151 |
SCIH Salt Holdings, Inc. | ||
4.88%, 05/01/28 (a)(b) | 90,000 | 82,351 |
6.63%, 05/01/29 (a)(b) | 50,000 | 45,521 |
SCIL IV LLC/SCIL USA Holdings LLC | ||
5.38%, 11/01/26 (a)(b) | 200,000 | 194,067 |
SK Invictus Intermediate II SARL | ||
5.00%, 10/30/29 (a)(b) | 55,000 | 46,752 |
SNF Group SACA | ||
3.13%, 03/15/27 (a)(b) | 200,000 | 185,692 |
SunCoke Energy, Inc. | ||
4.88%, 06/30/29 (a)(b) | 50,000 | 44,949 |
Taseko Mines Ltd. | ||
7.00%, 02/15/26 (a)(b) | 75,000 | 73,931 |
TMS International Corp. | ||
6.25%, 04/15/29 (a)(b) | 15,000 | 13,067 |
Trinseo Materials Operating SCA/Trinseo Materials Finance, Inc. | ||
5.13%, 04/01/29 (a)(b) | 35,000 | 13,332 |
Tronox, Inc. | ||
4.63%, 03/15/29 (a)(b) | 100,000 | 88,648 |
U.S. Steel Corp. | ||
6.88%, 03/01/29 (a) | 75,000 | 75,948 |
Verde Purchaser LLC | ||
10.50%, 11/30/30 (a)(b) | 75,000 | 78,469 |
Vibrantz Technologies, Inc. | ||
9.00%, 02/15/30 (a)(b) | 55,000 | 50,679 |
Windsor Holdings III LLC | ||
8.50%, 06/15/30 (a)(b) | 75,000 | 77,694 |
WR Grace Holdings LLC | ||
4.88%, 06/15/27 (a)(b) | 50,000 | 47,562 |
5.63%, 08/15/29 (a)(b) | 115,000 | 100,974 |
7.38%, 03/01/31 (a)(b) | 75,000 | 76,126 |
6,466,300 | ||
Capital Goods 10.4% | ||
ACProducts Holdings, Inc. | ||
6.38%, 05/15/29 (a)(b) | 38,000 | 29,120 |
Advanced Drainage Systems, Inc. | ||
6.38%, 06/15/30 (a)(b) | 50,000 | 50,050 |
Alta Equipment Group, Inc. | ||
5.63%, 04/15/26 (a)(b) | 45,000 | 43,642 |
American Builders & Contractors Supply Co., Inc. | ||
4.00%, 01/15/28 (a)(b) | 65,000 | 60,785 |
AmeriTex HoldCo Intermediate LLC | ||
10.25%, 10/15/28 (a)(b) | 25,000 | 26,219 |
Amsted Industries, Inc. | ||
5.63%, 07/01/27 (a)(b) | 40,000 | 39,256 |
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC | ||
4.00%, 09/01/29 (a)(b) | 200,000 | 162,661 |
Ardagh Packaging Finance PLC/Ardagh Holdings USA, Inc. | ||
5.25%, 04/30/25 (a)(b) | 280,000 | 277,293 |
4.13%, 08/15/26 (a)(b) | 329,000 | 303,920 |
Atkore, Inc. | ||
4.25%, 06/01/31 (a)(b) | 50,000 | 43,972 |
ATS Corp. | ||
4.13%, 12/15/28 (a)(b) | 40,000 | 36,543 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Ball Corp. | ||
6.88%, 03/15/28 (a) | 65,000 | 66,635 |
6.00%, 06/15/29 (a) | 100,000 | 100,610 |
2.88%, 08/15/30 (a) | 270,000 | 228,842 |
Beacon Roofing Supply, Inc. | ||
4.13%, 05/15/29 (a)(b) | 25,000 | 22,505 |
6.50%, 08/01/30 (a)(b) | 110,000 | 110,684 |
Berry Global, Inc. | ||
5.63%, 07/15/27 (a)(b) | 95,000 | 93,764 |
BlueLinx Holdings, Inc. | ||
6.00%, 11/15/29 (a)(b) | 15,000 | 14,325 |
Bombardier, Inc. | ||
7.13%, 06/15/26 (a)(b) | 65,000 | 65,589 |
7.88%, 04/15/27 (a)(b) | 200,000 | 200,380 |
6.00%, 02/15/28 (a)(b) | 110,000 | 106,894 |
7.50%, 02/01/29 (a)(b) | 70,000 | 71,058 |
8.75%, 11/15/30 (a)(b) | 100,000 | 104,876 |
Builders FirstSource, Inc. | ||
4.25%, 02/01/32 (a)(b) | 275,000 | 241,904 |
BWX Technologies, Inc. | ||
4.13%, 04/15/29 (a)(b) | 40,000 | 37,159 |
Camelot Return Merger Sub, Inc. | ||
8.75%, 08/01/28 (a)(b) | 55,000 | 56,491 |
Chart Industries, Inc. | ||
7.50%, 01/01/30 (a)(b) | 130,000 | 134,259 |
9.50%, 01/01/31 (a)(b) | 50,000 | 53,758 |
Clean Harbors, Inc. | ||
4.88%, 07/15/27 (a)(b) | 95,000 | 91,761 |
6.38%, 02/01/31 (a)(b) | 45,000 | 44,768 |
Clydesdale Acquisition Holdings, Inc. | ||
8.75%, 04/15/30 (a)(b) | 105,000 | 100,053 |
Cornerstone Building Brands, Inc. | ||
6.13%, 01/15/29 (a)(b) | 35,000 | 31,580 |
Covanta Holding Corp. | ||
4.88%, 12/01/29 (a)(b) | 90,000 | 78,743 |
CP Atlas Buyer, Inc. | ||
7.00%, 12/01/28 (a)(b) | 50,000 | 44,746 |
Crown Americas LLC/Crown Americas Capital Corp. V | ||
4.25%, 09/30/26 (a) | 85,000 | 81,667 |
Crown Americas LLC/Crown Americas Capital Corp. VI | ||
4.75%, 02/01/26 (a) | 75,000 | 73,457 |
Crown Cork & Seal Co., Inc. | ||
7.38%, 12/15/26 | 34,000 | 35,829 |
Eco Material Technologies, Inc. | ||
7.88%, 01/31/27 (a)(b) | 60,000 | 59,928 |
EMRLD Borrower LP/Emerald Co.-Issuer, Inc. | ||
6.63%, 12/15/30 (a)(b) | 205,000 | 205,974 |
EnerSys | ||
6.63%, 01/15/32 (a)(b) | 75,000 | 75,404 |
Enpro, Inc. | ||
5.75%, 10/15/26 (a) | 25,000 | 24,668 |
Enviri Corp. | ||
5.75%, 07/31/27 (a)(b) | 50,000 | 46,768 |
EquipmentShare.com, Inc. | ||
9.00%, 05/15/28 (a)(b) | 80,000 | 82,078 |
Foundation Building Materials, Inc. | ||
6.00%, 03/01/29 (a)(b) | 25,000 | 21,841 |
FXI Holdings, Inc. | ||
12.25%, 11/15/26 (a)(b) | 190,000 | 186,674 |
Gates Global LLC/Gates Corp. | ||
6.25%, 01/15/26 (a)(b) | 65,000 | 64,830 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
GFL Environmental, Inc. | ||
4.25%, 06/01/25 (a)(b) | 85,000 | 83,580 |
3.75%, 08/01/25 (a)(b) | 50,000 | 48,592 |
5.13%, 12/15/26 (a)(b) | 120,000 | 117,499 |
4.00%, 08/01/28 (a)(b) | 125,000 | 114,718 |
4.75%, 06/15/29 (a)(b) | 105,000 | 98,405 |
6.75%, 01/15/31 (a)(b) | 150,000 | 153,617 |
Graham Packaging Co., Inc. | ||
7.13%, 08/15/28 (a)(b) | 35,000 | 31,055 |
Griffon Corp. | ||
5.75%, 03/01/28 (a) | 70,000 | 67,795 |
GYP Holdings III Corp. | ||
4.63%, 05/01/29 (a)(b) | 35,000 | 32,656 |
H&E Equipment Services, Inc. | ||
3.88%, 12/15/28 (a)(b) | 120,000 | 108,398 |
Herc Holdings, Inc. | ||
5.50%, 07/15/27 (a)(b) | 75,000 | 73,489 |
Intelligent Packaging Ltd. Finco, Inc./Intelligent Packaging Ltd. Co.-Issuer LLC | ||
6.00%, 09/15/28 (a)(b) | 100,000 | 93,227 |
JELD-WEN, Inc. | ||
4.63%, 12/15/25 (a)(b) | 65,000 | 63,429 |
Knife River Corp. | ||
7.75%, 05/01/31 (a)(b) | 35,000 | 36,278 |
LABL, Inc. | ||
6.75%, 07/15/26 (a)(b) | 50,000 | 48,533 |
10.50%, 07/15/27 (a)(b) | 50,000 | 48,600 |
5.88%, 11/01/28 (a)(b) | 53,000 | 47,573 |
9.50%, 11/01/28 (a)(b) | 75,000 | 75,112 |
8.25%, 11/01/29 (a)(b) | 40,000 | 33,875 |
LBM Acquisition LLC | ||
6.25%, 01/15/29 (a)(b) | 75,000 | 67,648 |
Madison IAQ LLC | ||
4.13%, 06/30/28 (a)(b) | 80,000 | 72,956 |
5.88%, 06/30/29 (a)(b) | 107,000 | 95,634 |
Masonite International Corp. | ||
5.38%, 02/01/28 (a)(b) | 40,000 | 39,891 |
3.50%, 02/15/30 (a)(b) | 100,000 | 88,365 |
Mauser Packaging Solutions Holding Co. | ||
7.88%, 08/15/26 (a)(b) | 250,000 | 253,485 |
9.25%, 04/15/27 (a)(b) | 150,000 | 146,042 |
Maxim Crane Works Holdings Capital LLC | ||
11.50%, 09/01/28 (a)(b) | 25,000 | 26,021 |
MIWD Holdco II LLC/MIWD Finance Corp. | ||
5.50%, 02/01/30 (a)(b) | 55,000 | 50,264 |
Moog, Inc. | ||
4.25%, 12/15/27 (a)(b) | 45,000 | 42,160 |
Mueller Water Products, Inc. | ||
4.00%, 06/15/29 (a)(b) | 25,000 | 22,757 |
NESCO Holdings II, Inc. | ||
5.50%, 04/15/29 (a)(b) | 80,000 | 74,729 |
New Enterprise Stone & Lime Co., Inc. | ||
5.25%, 07/15/28 (a)(b) | 40,000 | 38,152 |
OI European Group BV | ||
4.75%, 02/15/30 (a)(b) | 55,000 | 50,685 |
Oscar AcquisitionCo LLC/Oscar Finance, Inc. | ||
9.50%, 04/15/30 (a)(b) | 75,000 | 73,023 |
OT Merger Corp. | ||
7.88%, 10/15/29 (a)(b) | 27,000 | 17,579 |
Owens-Brockway Glass Container, Inc. | ||
6.63%, 05/13/27 (a)(b) | 75,000 | 74,891 |
7.25%, 05/15/31 (a)(b) | 75,000 | 76,105 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Pactiv Evergreen Group Issuer, Inc./Pactiv Evergreen Group Issuer LLC | ||
4.00%, 10/15/27 (a)(b) | 125,000 | 116,574 |
Park River Holdings, Inc. | ||
5.63%, 02/01/29 (a)(b) | 12,000 | 10,108 |
6.75%, 08/01/29 (a)(b) | 20,000 | 17,146 |
Patrick Industries, Inc. | ||
4.75%, 05/01/29 (a)(b) | 30,000 | 27,490 |
PECF USS Intermediate Holding III Corp. | ||
8.00%, 11/15/29 (a)(b) | 45,000 | 19,691 |
PGT Innovations, Inc. | ||
4.38%, 10/01/29 (a)(b) | 35,000 | 35,268 |
Resideo Funding, Inc. | ||
4.00%, 09/01/29 (a)(b) | 25,000 | 22,158 |
Ritchie Bros Holdings, Inc. | ||
6.75%, 03/15/28 (a)(b) | 38,000 | 38,939 |
7.75%, 03/15/31 (a)(b) | 130,000 | 136,825 |
Roller Bearing Co. of America, Inc. | ||
4.38%, 10/15/29 (a)(b) | 45,000 | 41,053 |
Rolls-Royce PLC | ||
3.63%, 10/14/25 (a)(b) | 200,000 | 193,324 |
Sealed Air Corp. | ||
4.00%, 12/01/27 (a)(b) | 120,000 | 111,738 |
Sealed Air Corp./Sealed Air Corp. U.S. | ||
6.13%, 02/01/28 (a)(b) | 60,000 | 59,866 |
7.25%, 02/15/31 (a)(b) | 80,000 | 82,691 |
Silgan Holdings, Inc. | ||
4.13%, 02/01/28 (a) | 25,000 | 23,366 |
Smyrna Ready Mix Concrete LLC | ||
6.00%, 11/01/28 (a)(b) | 95,000 | 92,247 |
8.88%, 11/15/31 (a)(b) | 110,000 | 116,685 |
Specialty Building Products Holdings LLC/SBP Finance Corp. | ||
6.38%, 09/30/26 (a)(b) | 35,000 | 34,263 |
Spirit AeroSystems, Inc. | ||
9.38%, 11/30/29 (a)(b) | 170,000 | 184,043 |
9.75%, 11/15/30 (a)(b) | 150,000 | 160,891 |
SPX FLOW, Inc. | ||
8.75%, 04/01/30 (a)(b) | 45,000 | 44,154 |
SRS Distribution, Inc. | ||
4.63%, 07/01/28 (a)(b) | 75,000 | 70,038 |
6.00%, 12/01/29 (a)(b) | 65,000 | 60,572 |
Standard Industries, Inc. | ||
5.00%, 02/15/27 (a)(b) | 130,000 | 125,316 |
4.75%, 01/15/28 (a)(b) | 60,000 | 56,678 |
4.38%, 07/15/30 (a)(b) | 185,000 | 165,115 |
3.38%, 01/15/31 (a)(b) | 150,000 | 124,446 |
Stericycle, Inc. | ||
3.88%, 01/15/29 (a)(b) | 55,000 | 49,553 |
Summit Materials LLC/Summit Materials Finance Corp. | ||
5.25%, 01/15/29 (a)(b) | 115,000 | 111,436 |
Terex Corp. | ||
5.00%, 05/15/29 (a)(b) | 60,000 | 56,084 |
Titan Acquisition Ltd./Titan Co.-Borrower LLC | ||
7.75%, 04/15/26 (a)(b) | 40,000 | 40,032 |
Titan International, Inc. | ||
7.00%, 04/30/28 (a) | 65,000 | 64,589 |
TK Elevator U.S. Newco, Inc. | ||
5.25%, 07/15/27 (a)(b) | 225,000 | 216,450 |
TransDigm, Inc. | ||
7.50%, 03/15/27 (a) | 87,000 | 86,991 |
5.50%, 11/15/27 (a) | 260,000 | 251,312 |
6.75%, 08/15/28 (a)(b) | 136,000 | 137,796 |
4.63%, 01/15/29 (a) | 85,000 | 78,020 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
6.38%, 03/01/29 (a)(b) | 175,000 | 176,010 |
4.88%, 05/01/29 (a) | 125,000 | 114,945 |
6.88%, 12/15/30 (a)(b) | 125,000 | 126,614 |
7.13%, 12/01/31 (a)(b) | 130,000 | 133,519 |
6.63%, 03/01/32 (a)(b) | 175,000 | 176,312 |
Trident TPI Holdings, Inc. | ||
12.75%, 12/31/28 (a)(b) | 50,000 | 53,393 |
Triumph Group, Inc. | ||
7.75%, 08/15/25 (a) | 25,000 | 24,963 |
9.00%, 03/15/28 (a)(b) | 115,000 | 120,357 |
Trivium Packaging Finance BV | ||
8.50%, 08/15/27 (a)(b) | 200,000 | 195,163 |
United Rentals North America, Inc. | ||
5.50%, 05/15/27 (a) | 45,000 | 44,748 |
3.88%, 11/15/27 (a) | 125,000 | 117,836 |
4.88%, 01/15/28 (a) | 50,000 | 48,316 |
5.25%, 01/15/30 (a) | 70,000 | 67,840 |
4.00%, 07/15/30 (a) | 50,000 | 45,306 |
3.88%, 02/15/31 (a) | 175,000 | 154,816 |
3.75%, 01/15/32 (a) | 80,000 | 69,309 |
Vertiv Group Corp. | ||
4.13%, 11/15/28 (a)(b) | 90,000 | 83,124 |
Waste Pro USA, Inc. | ||
5.50%, 02/15/26 (a)(b) | 25,000 | 24,527 |
WESCO Distribution, Inc. | ||
7.13%, 06/15/25 (a)(b) | 65,000 | 65,444 |
7.25%, 06/15/28 (a)(b) | 180,000 | 184,112 |
White Cap Buyer LLC | ||
6.88%, 10/15/28 (a)(b) | 25,000 | 24,398 |
12,134,781 | ||
Communications 14.6% | ||
Advantage Sales & Marketing, Inc. | ||
6.50%, 11/15/28 (a)(b) | 45,000 | 41,923 |
Allen Media LLC/Allen Media Co.-Issuer, Inc. | ||
10.50%, 02/15/28 (a)(b) | 60,000 | 30,094 |
Altice Financing SA | ||
5.00%, 01/15/28 (a)(b) | 200,000 | 177,150 |
5.75%, 08/15/29 (a)(b) | 200,000 | 172,469 |
Altice France SA | ||
8.13%, 02/01/27 (a)(b) | 530,000 | 487,581 |
5.50%, 01/15/28 (a)(b) | 225,000 | 183,832 |
5.50%, 10/15/29 (a)(b) | 215,000 | 163,057 |
AMC Networks, Inc. | ||
4.75%, 08/01/25 (a) | 50,000 | 47,730 |
4.25%, 02/15/29 (a) | 95,000 | 61,581 |
Beasley Mezzanine Holdings LLC | ||
8.63%, 02/01/26 (a)(b) | 15,000 | 9,446 |
Block Communications, Inc. | ||
4.88%, 03/01/28 (a)(b) | 15,000 | 13,284 |
Cable One, Inc. | ||
4.00%, 11/15/30 (a)(b) | 65,000 | 49,172 |
Cablevision Lightpath LLC | ||
3.88%, 09/15/27 (a)(b) | 200,000 | 181,502 |
CCO Holdings LLC/CCO Holdings Capital Corp. | ||
5.50%, 05/01/26 (a)(b) | 50,000 | 49,170 |
5.13%, 05/01/27 (a)(b) | 305,000 | 288,643 |
5.00%, 02/01/28 (a)(b) | 100,000 | 92,374 |
5.38%, 06/01/29 (a)(b) | 100,000 | 90,536 |
6.38%, 09/01/29 (a)(b) | 125,000 | 117,528 |
4.75%, 03/01/30 (a)(b) | 360,000 | 306,583 |
4.50%, 08/15/30 (a)(b) | 175,000 | 145,322 |
4.25%, 02/01/31 (a)(b) | 350,000 | 281,833 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
4.75%, 02/01/32 (a)(b) | 105,000 | 84,829 |
4.50%, 05/01/32 (a) | 290,000 | 229,383 |
4.50%, 06/01/33 (a)(b) | 375,000 | 288,860 |
4.25%, 01/15/34 (a)(b) | 110,000 | 82,351 |
Cimpress PLC | ||
7.00%, 06/15/26 (a) | 150,000 | 149,443 |
Clear Channel International BV | ||
6.63%, 08/01/25 (a)(b) | 275,000 | 275,245 |
Clear Channel Outdoor Holdings, Inc. | ||
5.13%, 08/15/27 (a)(b) | 85,000 | 79,572 |
7.75%, 04/15/28 (a)(b) | 75,000 | 64,921 |
9.00%, 09/15/28 (a)(b) | 155,000 | 161,773 |
7.50%, 06/01/29 (a)(b) | 80,000 | 66,285 |
CMG Media Corp. | ||
8.88%, 12/15/27 (a)(b) | 80,000 | 53,549 |
Cogent Communications Group, Inc. | ||
3.50%, 05/01/26 (a)(b) | 25,000 | 23,718 |
7.00%, 06/15/27 (a)(b) | 30,000 | 29,984 |
Connect Finco SARL/Connect U.S. Finco LLC | ||
6.75%, 10/01/26 (a)(b) | 250,000 | 245,477 |
Consolidated Communications, Inc. | ||
6.50%, 10/01/28 (a)(b) | 160,000 | 137,600 |
CSC Holdings LLC | ||
5.38%, 02/01/28 (a)(b) | 255,000 | 222,530 |
11.25%, 05/15/28 (a)(b) | 330,000 | 340,811 |
11.75%, 01/31/29 (a)(b) | 450,000 | 470,676 |
5.75%, 01/15/30 (a)(b) | 375,000 | 220,875 |
4.63%, 12/01/30 (a)(b) | 200,000 | 111,420 |
Cumulus Media New Holdings, Inc. | ||
6.75%, 07/01/26 (a)(b) | 32,000 | 19,836 |
Deluxe Corp. | ||
8.00%, 06/01/29 (a)(b) | 50,000 | 43,692 |
Directv Financing LLC | ||
8.88%, 02/01/30 (a)(b) | 150,000 | 151,159 |
Directv Financing LLC/Directv Financing Co.-Obligor, Inc. | ||
5.88%, 08/15/27 (a)(b) | 250,000 | 236,142 |
DISH DBS Corp. | ||
7.75%, 07/01/26 | 165,000 | 105,354 |
5.25%, 12/01/26 (a)(b) | 206,000 | 164,929 |
7.38%, 07/01/28 (a) | 60,000 | 29,333 |
5.75%, 12/01/28 (a)(b) | 345,000 | 239,559 |
5.13%, 06/01/29 | 110,000 | 47,025 |
DISH Network Corp. | ||
11.75%, 11/15/27 (a)(b) | 235,000 | 245,294 |
Embarq Corp. | ||
8.00%, 06/01/36 | 112,000 | 63,557 |
Frontier Communications Holdings LLC | ||
5.88%, 10/15/27 (a)(b) | 102,000 | 98,665 |
5.00%, 05/01/28 (a)(b) | 140,000 | 129,711 |
6.75%, 05/01/29 (a)(b) | 109,000 | 97,989 |
5.88%, 11/01/29 (a) | 95,000 | 81,468 |
8.75%, 05/15/30 (a)(b) | 125,000 | 127,624 |
8.63%, 03/15/31 (a)(b) | 120,000 | 121,691 |
Frontier Florida LLC | ||
6.86%, 02/01/28 | 35,000 | 33,710 |
Gannett Holdings LLC | ||
6.00%, 11/01/26 (a)(b) | 55,000 | 49,754 |
GCI LLC | ||
4.75%, 10/15/28 (a)(b) | 25,000 | 22,453 |
Getty Images, Inc. | ||
9.75%, 03/01/27 (a)(b) | 25,000 | 24,952 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Gray Television, Inc. | ||
5.88%, 07/15/26 (a)(b) | 80,000 | 76,000 |
4.75%, 10/15/30 (a)(b) | 130,000 | 83,901 |
5.38%, 11/15/31 (a)(b) | 105,000 | 68,040 |
Hughes Satellite Systems Corp. | ||
5.25%, 08/01/26 | 60,000 | 51,321 |
6.63%, 08/01/26 | 55,000 | 36,300 |
iHeartCommunications, Inc. | ||
6.38%, 05/01/26 (a) | 80,000 | 68,200 |
8.38%, 05/01/27 (a) | 73,000 | 43,887 |
5.25%, 08/15/27 (a)(b) | 80,000 | 59,395 |
4.75%, 01/15/28 (a)(b) | 40,000 | 28,841 |
Iliad Holding SASU | ||
6.50%, 10/15/26 (a)(b) | 200,000 | 197,879 |
INNOVATE Corp. | ||
8.50%, 02/01/26 (a)(b) | 32,000 | 24,000 |
Intelsat Jackson Holdings SA | ||
6.50%, 03/15/30 (a)(b) | 350,000 | 326,509 |
Lamar Media Corp. | ||
3.75%, 02/15/28 (a) | 68,000 | 63,131 |
3.63%, 01/15/31 (a) | 155,000 | 133,957 |
LCPR Senior Secured Financing DAC | ||
6.75%, 10/15/27 (a)(b) | 250,000 | 236,532 |
Level 3 Financing, Inc. | ||
4.63%, 09/15/27 (a)(b) | 115,000 | 71,300 |
4.25%, 07/01/28 (a)(b) | 90,000 | 43,200 |
3.75%, 07/15/29 (a)(b) | 50,000 | 21,000 |
10.50%, 05/15/30 (a)(b) | 70,000 | 72,100 |
Liberty Interactive LLC | ||
8.50%, 07/15/29 | 17,000 | 11,233 |
8.25%, 02/01/30 | 30,000 | 19,609 |
Lions Gate Capital Holdings LLC | ||
5.50%, 04/15/29 (a)(b) | 65,000 | 49,194 |
Lumen Technologies, Inc. | ||
4.00%, 02/15/27 (a)(b) | 62,000 | 37,574 |
4.50%, 01/15/29 (a)(b) | 170,000 | 53,711 |
7.60%, 09/15/39 | 72,000 | 24,364 |
McGraw-Hill Education, Inc. | ||
5.75%, 08/01/28 (a)(b) | 105,000 | 97,647 |
8.00%, 08/01/29 (a)(b) | 77,000 | 70,333 |
Midcontinent Communications/Midcontinent Finance Corp. | ||
5.38%, 08/15/27 (a)(b) | 25,000 | 23,711 |
Millennium Escrow Corp. | ||
6.63%, 08/01/26 (a)(b) | 71,000 | 42,439 |
News Corp. | ||
3.88%, 05/15/29 (a)(b) | 50,000 | 45,232 |
5.13%, 02/15/32 (a)(b) | 50,000 | 46,627 |
Nexstar Media, Inc. | ||
5.63%, 07/15/27 (a)(b) | 265,000 | 251,421 |
4.75%, 11/01/28 (a)(b) | 75,000 | 66,684 |
Northwest Fiber LLC/Northwest Fiber Finance Sub, Inc. | ||
6.00%, 02/15/28 (a)(b) | 15,000 | 14,414 |
10.75%, 06/01/28 (a)(b) | 65,000 | 66,887 |
Outfront Media Capital LLC/Outfront Media Capital Corp. | ||
5.00%, 08/15/27 (a)(b) | 35,000 | 33,698 |
4.25%, 01/15/29 (a)(b) | 15,000 | 13,486 |
4.63%, 03/15/30 (a)(b) | 65,000 | 57,751 |
7.38%, 02/15/31 (a)(b) | 75,000 | 78,325 |
Paramount Global | ||
6.25%, 02/28/57 (a)(c) | 85,000 | 70,113 |
6.38%, 03/30/62 (a)(c) | 85,000 | 73,817 |
Qwest Corp. | ||
7.25%, 09/15/25 | 60,000 | 58,100 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Radiate Holdco LLC/Radiate Finance, Inc. | ||
4.50%, 09/15/26 (a)(b) | 55,000 | 43,370 |
6.50%, 09/15/28 (a)(b) | 107,000 | 51,614 |
ROBLOX Corp. | ||
3.88%, 05/01/30 (a)(b) | 77,000 | 67,496 |
Rogers Communications, Inc. | ||
5.25%, 03/15/82 (a)(b)(c) | 100,000 | 95,600 |
RR Donnelley & Sons Co. | ||
9.75%, 07/31/28 (a)(b) | 25,000 | 25,587 |
SBA Communications Corp. | ||
3.88%, 02/15/27 (a) | 135,000 | 127,512 |
3.13%, 02/01/29 (a) | 140,000 | 123,996 |
Scripps Escrow II, Inc. | ||
3.88%, 01/15/29 (a)(b) | 165,000 | 130,679 |
Sinclair Television Group, Inc. | ||
5.50%, 03/01/30 (a)(b) | 85,000 | 61,755 |
4.13%, 12/01/30 (a)(b) | 75,000 | 54,872 |
Sirius XM Radio, Inc. | ||
3.13%, 09/01/26 (a)(b) | 94,000 | 87,742 |
5.00%, 08/01/27 (a)(b) | 105,000 | 100,152 |
4.00%, 07/15/28 (a)(b) | 345,000 | 311,168 |
5.50%, 07/01/29 (a)(b) | 45,000 | 42,598 |
4.13%, 07/01/30 (a)(b) | 88,000 | 75,796 |
3.88%, 09/01/31 (a)(b) | 135,000 | 111,724 |
Spanish Broadcasting System, Inc. | ||
9.75%, 03/01/26 (a)(b) | 27,000 | 14,770 |
Stagwell Global LLC | ||
5.63%, 08/15/29 (a)(b) | 105,000 | 93,849 |
Sunrise FinCo I BV | ||
4.88%, 07/15/31 (a)(b) | 200,000 | 177,216 |
TEGNA, Inc. | ||
4.75%, 03/15/26 (a)(b) | 20,000 | 19,346 |
4.63%, 03/15/28 (a) | 65,000 | 58,601 |
5.00%, 09/15/29 (a) | 100,000 | 88,102 |
Telecom Italia Capital SA | ||
6.38%, 11/15/33 | 180,000 | 172,911 |
6.00%, 09/30/34 | 95,000 | 88,240 |
7.20%, 07/18/36 | 115,000 | 114,413 |
Telesat Canada/Telesat LLC | ||
5.63%, 12/06/26 (a)(b) | 37,000 | 21,378 |
4.88%, 06/01/27 (a)(b) | 37,000 | 20,847 |
6.50%, 10/15/27 (a)(b) | 36,000 | 16,020 |
Townsquare Media, Inc. | ||
6.88%, 02/01/26 (a)(b) | 20,000 | 19,311 |
U.S. Cellular Corp. | ||
6.70%, 12/15/33 | 75,000 | 73,875 |
Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC | ||
6.00%, 01/15/30 (a)(b) | 100,000 | 73,116 |
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC | ||
10.50%, 02/15/28 (a)(b) | 195,000 | 202,046 |
4.75%, 04/15/28 (a)(b) | 60,000 | 52,202 |
6.50%, 02/15/29 (a)(b) | 80,000 | 61,677 |
Univision Communications, Inc. | ||
6.63%, 06/01/27 (a)(b) | 200,000 | 194,028 |
8.00%, 08/15/28 (a)(b) | 130,000 | 130,806 |
4.50%, 05/01/29 (a)(b) | 95,000 | 83,391 |
7.38%, 06/30/30 (a)(b) | 50,000 | 48,340 |
Urban One, Inc. | ||
7.38%, 02/01/28 (a)(b) | 65,000 | 55,825 |
Viasat, Inc. | ||
5.63%, 09/15/25 (a)(b) | 50,000 | 48,577 |
5.63%, 04/15/27 (a)(b) | 65,000 | 61,086 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
6.50%, 07/15/28 (a)(b) | 35,000 | 25,967 |
7.50%, 05/30/31 (a)(b) | 62,000 | 43,633 |
Videotron Ltd. | ||
5.13%, 04/15/27 (a)(b) | 100,000 | 98,074 |
Virgin Media Secured Finance PLC | ||
5.50%, 05/15/29 (a)(b) | 290,000 | 272,040 |
Vmed O2 U.K. Financing I PLC | ||
4.25%, 01/31/31 (a)(b) | 200,000 | 169,815 |
4.75%, 07/15/31 (a)(b) | 225,000 | 194,804 |
Vodafone Group PLC | ||
7.00%, 04/04/79 (a)(c) | 175,000 | 179,560 |
3.25%, 06/04/81 (a)(c) | 75,000 | 69,728 |
4.13%, 06/04/81 (a)(c) | 100,000 | 85,633 |
5.13%, 06/04/81 (a)(c) | 140,000 | 104,003 |
Windstream Escrow LLC/Windstream Escrow Finance Corp. | ||
7.75%, 08/15/28 (a)(b) | 110,000 | 102,817 |
WMG Acquisition Corp. | ||
3.75%, 12/01/29 (a)(b) | 75,000 | 66,481 |
3.88%, 07/15/30 (a)(b) | 100,000 | 88,328 |
Zayo Group Holdings, Inc. | ||
4.00%, 03/01/27 (a)(b) | 118,000 | 98,373 |
6.13%, 03/01/28 (a)(b) | 86,000 | 65,453 |
Ziggo Bond Co. BV | ||
6.00%, 01/15/27 (a)(b) | 265,000 | 259,149 |
Ziggo BV | ||
4.88%, 01/15/30 (a)(b) | 200,000 | 178,359 |
17,079,723 | ||
Consumer Cyclical 18.7% | ||
1011778 BC ULC/New Red Finance, Inc. | ||
3.88%, 01/15/28 (a)(b) | 245,000 | 228,775 |
4.38%, 01/15/28 (a)(b) | 50,000 | 46,978 |
3.50%, 02/15/29 (a)(b) | 50,000 | 45,125 |
4.00%, 10/15/30 (a)(b) | 255,000 | 224,205 |
99 Escrow Issuer, Inc. | ||
7.50%, 01/15/26 (a)(b)(d)(e) | 35,000 | 11,754 |
Academy Ltd. | ||
6.00%, 11/15/27 (a)(b) | 25,000 | 24,771 |
Adams Homes, Inc. | ||
9.25%, 10/15/28 (a)(b) | 20,000 | 20,477 |
Adient Global Holdings Ltd. | ||
7.00%, 04/15/28 (a)(b) | 89,000 | 90,831 |
8.25%, 04/15/31 (a)(b) | 65,000 | 68,490 |
ADT Security Corp. | ||
4.13%, 08/01/29 (a)(b) | 150,000 | 135,709 |
4.88%, 07/15/32 (b) | 15,000 | 13,513 |
Advance Auto Parts, Inc. | ||
5.90%, 03/09/26 | 75,000 | 74,864 |
3.90%, 04/15/30 (a) | 75,000 | 67,032 |
Affinity Interactive | ||
6.88%, 12/15/27 (a)(b) | 70,000 | 64,632 |
Allied Universal Holdco LLC | ||
7.88%, 02/15/31 (a)(b) | 100,000 | 99,433 |
Allied Universal Holdco LLC/Allied Universal Finance Corp. | ||
6.63%, 07/15/26 (a)(b) | 124,000 | 123,726 |
9.75%, 07/15/27 (a)(b) | 75,000 | 74,821 |
Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 SARL | ||
4.63%, 06/01/28 (a)(b) | 275,000 | 244,849 |
Allison Transmission, Inc. | ||
5.88%, 06/01/29 (a)(b) | 50,000 | 49,295 |
3.75%, 01/30/31 (a)(b) | 75,000 | 64,870 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
AMC Entertainment Holdings, Inc. | ||
7.50%, 02/15/29 (a)(b) | 105,000 | 72,689 |
American Axle & Manufacturing, Inc. | ||
6.50%, 04/01/27 (a) | 100,000 | 98,854 |
5.00%, 10/01/29 (a) | 85,000 | 73,784 |
ANGI Group LLC | ||
3.88%, 08/15/28 (a)(b) | 50,000 | 43,016 |
Anywhere Real Estate Group LLC/Anywhere Co.-Issuer Corp. | ||
7.00%, 04/15/30 (a)(b) | 70,000 | 63,524 |
APX Group, Inc. | ||
5.75%, 07/15/29 (a)(b) | 80,000 | 76,162 |
Arches Buyer, Inc. | ||
4.25%, 06/01/28 (a)(b) | 65,000 | 55,601 |
6.13%, 12/01/28 (a)(b) | 65,000 | 55,132 |
Arko Corp. | ||
5.13%, 11/15/29 (a)(b) | 60,000 | 52,082 |
Asbury Automotive Group, Inc. | ||
4.63%, 11/15/29 (a)(b) | 120,000 | 109,411 |
5.00%, 02/15/32 (a)(b) | 136,000 | 120,887 |
ASGN, Inc. | ||
4.63%, 05/15/28 (a)(b) | 75,000 | 70,020 |
Ashton Woods USA LLC/Ashton Woods Finance Co. | ||
4.63%, 08/01/29 (a)(b) | 85,000 | 77,289 |
Aston Martin Capital Holdings Ltd. | ||
10.50%, 11/30/25 (a)(b) | 200,000 | 202,968 |
At Home Group, Inc. | ||
4.88%, 07/15/28 (a)(b) | 15,000 | 6,525 |
Bath & Body Works, Inc. | ||
7.50%, 06/15/29 (a) | 65,000 | 67,168 |
6.63%, 10/01/30 (a)(b) | 25,000 | 25,164 |
6.95%, 03/01/33 | 80,000 | 77,950 |
6.88%, 11/01/35 | 100,000 | 100,144 |
BCPE Empire Holdings, Inc. | ||
7.63%, 05/01/27 (a)(b) | 50,000 | 47,962 |
Beazer Homes USA, Inc. | ||
7.25%, 10/15/29 (a) | 90,000 | 90,347 |
Benteler International AG | ||
10.50%, 05/15/28 (a)(b) | 200,000 | 214,967 |
Bloomin' Brands, Inc./OSI Restaurant Partners LLC | ||
5.13%, 04/15/29 (a)(b) | 30,000 | 27,786 |
Boyd Gaming Corp. | ||
4.75%, 12/01/27 (a) | 15,000 | 14,437 |
4.75%, 06/15/31 (a)(b) | 95,000 | 86,388 |
Boyne USA, Inc. | ||
4.75%, 05/15/29 (a)(b) | 25,000 | 23,004 |
Brinker International, Inc. | ||
8.25%, 07/15/30 (a)(b) | 40,000 | 41,956 |
Brink's Co. | ||
5.50%, 07/15/25 (a)(b) | 25,000 | 24,884 |
4.63%, 10/15/27 (a)(b) | 40,000 | 37,840 |
Brookfield Residential Properties, Inc./Brookfield Residential U.S. LLC | ||
5.00%, 06/15/29 (a)(b) | 65,000 | 58,233 |
4.88%, 02/15/30 (a)(b) | 75,000 | 66,695 |
Caesars Entertainment, Inc. | ||
8.13%, 07/01/27 (a)(b) | 150,000 | 154,118 |
4.63%, 10/15/29 (a)(b) | 140,000 | 127,907 |
7.00%, 02/15/30 (a)(b) | 230,000 | 235,807 |
6.50%, 02/15/32 (a)(b) | 225,000 | 226,824 |
Carnival Corp. | ||
7.63%, 03/01/26 (a)(b) | 80,000 | 81,099 |
5.75%, 03/01/27 (a)(b) | 470,000 | 464,501 |
4.00%, 08/01/28 (a)(b) | 115,000 | 106,167 |
6.00%, 05/01/29 (a)(b) | 140,000 | 136,897 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
7.00%, 08/15/29 (a)(b) | 80,000 | 83,042 |
10.50%, 06/01/30 (a)(b) | 130,000 | 141,939 |
Carnival Holdings Bermuda Ltd. | ||
10.38%, 05/01/28 (a)(b) | 25,000 | 27,291 |
Carriage Services, Inc. | ||
4.25%, 05/15/29 (a)(b) | 25,000 | 21,760 |
Carrols Restaurant Group, Inc. | ||
5.88%, 07/01/29 (a)(b) | 40,000 | 40,852 |
Cars.com, Inc. | ||
6.38%, 11/01/28 (a)(b) | 45,000 | 43,373 |
CCM Merger, Inc. | ||
6.38%, 05/01/26 (a)(b) | 10,000 | 9,872 |
CEC Entertainment LLC | ||
6.75%, 05/01/26 (a)(b) | 75,000 | 74,315 |
Cedar Fair LP | ||
5.25%, 07/15/29 (a) | 105,000 | 99,247 |
Cedar Fair LP/Canada's Wonderland Co./Magnum Management Corp./Millennium Op | ||
5.50%, 05/01/25 (a)(b) | 75,000 | 74,812 |
5.38%, 04/15/27 (a) | 70,000 | 69,306 |
Century Communities, Inc. | ||
6.75%, 06/01/27 (a) | 130,000 | 130,321 |
3.88%, 08/15/29 (a)(b) | 60,000 | 53,009 |
Churchill Downs, Inc. | ||
5.50%, 04/01/27 (a)(b) | 74,000 | 72,736 |
4.75%, 01/15/28 (a)(b) | 35,000 | 33,137 |
5.75%, 04/01/30 (a)(b) | 130,000 | 124,993 |
6.75%, 05/01/31 (a)(b) | 85,000 | 85,157 |
Cinemark USA, Inc. | ||
5.88%, 03/15/26 (a)(b) | 25,000 | 24,647 |
5.25%, 07/15/28 (a)(b) | 35,000 | 32,734 |
Clarios Global LP | ||
6.75%, 05/15/25 (a)(b) | 220,000 | 220,038 |
Clarios Global LP/Clarios U.S. Finance Co. | ||
6.25%, 05/15/26 (a)(b) | 115,000 | 114,786 |
8.50%, 05/15/27 (a)(b) | 90,000 | 90,635 |
6.75%, 05/15/28 (a)(b) | 25,000 | 25,324 |
ClubCorp Holdings, Inc. | ||
8.50%, 09/15/25 (a)(b) | 25,000 | 22,613 |
CoreCivic, Inc. | ||
8.25%, 04/15/26 (a) | 25,000 | 25,568 |
Crocs, Inc. | ||
4.25%, 03/15/29 (a)(b) | 35,000 | 31,446 |
4.13%, 08/15/31 (a)(b) | 45,000 | 38,335 |
Cushman & Wakefield U.S. Borrower LLC | ||
6.75%, 05/15/28 (a)(b) | 45,000 | 44,368 |
8.88%, 09/01/31 (a)(b) | 25,000 | 26,049 |
Dana, Inc. | ||
4.25%, 09/01/30 (a) | 105,000 | 90,667 |
Dave & Buster's, Inc. | ||
7.63%, 11/01/25 (a)(b) | 90,000 | 90,294 |
Dealer Tire LLC/DT Issuer LLC | ||
8.00%, 02/01/28 (a)(b) | 50,000 | 49,799 |
Dornoch Debt Merger Sub, Inc. | ||
6.63%, 10/15/29 (a)(b) | 50,000 | 44,943 |
Dream Finders Homes, Inc. | ||
8.25%, 08/15/28 (a)(b) | 30,000 | 31,201 |
eG Global Finance PLC | ||
12.00%, 11/30/28 (a)(b) | 200,000 | 211,400 |
Empire Communities Corp. | ||
7.00%, 12/15/25 (a)(b) | 70,000 | 69,262 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Evergreen Acqco 1 LP/TVI, Inc. | ||
9.75%, 04/26/28 (a)(b) | 20,000 | 21,118 |
Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc. | ||
4.63%, 01/15/29 (a)(b) | 175,000 | 158,986 |
6.75%, 01/15/30 (a)(b) | 75,000 | 66,315 |
Foot Locker, Inc. | ||
4.00%, 10/01/29 (a)(b) | 60,000 | 50,843 |
Forestar Group, Inc. | ||
3.85%, 05/15/26 (a)(b) | 15,000 | 14,268 |
5.00%, 03/01/28 (a)(b) | 25,000 | 23,662 |
Full House Resorts, Inc. | ||
8.25%, 02/15/28 (a)(b) | 55,000 | 51,621 |
Gap, Inc. | ||
3.63%, 10/01/29 (a)(b) | 75,000 | 63,439 |
3.88%, 10/01/31 (a)(b) | 75,000 | 60,587 |
Garda World Security Corp. | ||
4.63%, 02/15/27 (a)(b) | 172,000 | 164,464 |
6.00%, 06/01/29 (a)(b) | 35,000 | 30,667 |
G-III Apparel Group Ltd. | ||
7.88%, 08/15/25 (a)(b) | 30,000 | 30,255 |
Go Daddy Operating Co. LLC/GD Finance Co., Inc. | ||
5.25%, 12/01/27 (a)(b) | 75,000 | 72,636 |
3.50%, 03/01/29 (a)(b) | 50,000 | 44,564 |
Golden Entertainment, Inc. | ||
7.63%, 04/15/26 (a)(b) | 30,000 | 29,886 |
Goodyear Tire & Rubber Co. | ||
5.00%, 05/31/26 (a) | 70,000 | 68,240 |
4.88%, 03/15/27 (a) | 120,000 | 115,287 |
5.00%, 07/15/29 (a) | 160,000 | 147,450 |
5.25%, 04/30/31 (a) | 45,000 | 40,803 |
5.25%, 07/15/31 (a) | 55,000 | 49,690 |
GPS Hospitality Holding Co. LLC/GPS Finco, Inc. | ||
7.00%, 08/15/28 (a)(b) | 20,000 | 16,279 |
Group 1 Automotive, Inc. | ||
4.00%, 08/15/28 (a)(b) | 40,000 | 36,549 |
GrubHub Holdings, Inc. | ||
5.50%, 07/01/27 (a)(b) | 47,000 | 41,021 |
Guitar Center, Inc. | ||
8.50%, 01/15/26 (a)(b) | 50,000 | 43,823 |
Hanesbrands, Inc. | ||
4.88%, 05/15/26 (a)(b) | 30,000 | 28,985 |
9.00%, 02/15/31 (a)(b) | 45,000 | 45,146 |
Hilton Domestic Operating Co., Inc. | ||
5.75%, 05/01/28 (a)(b) | 45,000 | 44,913 |
3.75%, 05/01/29 (a)(b) | 55,000 | 50,000 |
3.63%, 02/15/32 (a)(b) | 285,000 | 243,714 |
Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, Inc. | ||
5.00%, 06/01/29 (a)(b) | 90,000 | 83,465 |
4.88%, 07/01/31 (a)(b) | 125,000 | 110,417 |
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp. | ||
4.88%, 04/01/27 (a) | 130,000 | 126,953 |
International Game Technology PLC | ||
4.13%, 04/15/26 (a)(b) | 250,000 | 241,490 |
IRB Holding Corp. | ||
7.00%, 06/15/25 (a)(b) | 60,000 | 60,128 |
Jacobs Entertainment, Inc. | ||
6.75%, 02/15/29 (a)(b) | 50,000 | 47,712 |
Jaguar Land Rover Automotive PLC | ||
7.75%, 10/15/25 (a)(b) | 225,000 | 227,155 |
JB Poindexter & Co., Inc. | ||
7.13%, 04/15/26 (a)(b) | 45,000 | 45,202 |
8.75%, 12/15/31 (a)(b) | 100,000 | 102,569 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
KB Home | ||
7.25%, 07/15/30 (a) | 50,000 | 51,434 |
4.00%, 06/15/31 (a) | 65,000 | 56,508 |
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC | ||
4.75%, 06/01/27 (a)(b) | 110,000 | 107,299 |
Kohl's Corp. | ||
4.63%, 05/01/31 (a)(f) | 95,000 | 74,926 |
Kontoor Brands, Inc. | ||
4.13%, 11/15/29 (a)(b) | 35,000 | 31,334 |
LCM Investments Holdings II LLC | ||
4.88%, 05/01/29 (a)(b) | 65,000 | 58,435 |
8.25%, 08/01/31 (a)(b) | 205,000 | 209,405 |
Legends Hospitality Holding Co. LLC/Legends Hospitality Co.-Issuer, Inc. | ||
5.00%, 02/01/26 (a)(b) | 50,000 | 49,733 |
Levi Strauss & Co. | ||
3.50%, 03/01/31 (a)(b) | 30,000 | 26,024 |
LGI Homes, Inc. | ||
8.75%, 12/15/28 (a)(b) | 85,000 | 89,144 |
4.00%, 07/15/29 (a)(b) | 15,000 | 12,883 |
Life Time, Inc. | ||
5.75%, 01/15/26 (a)(b) | 85,000 | 84,371 |
8.00%, 04/15/26 (a)(b) | 60,000 | 60,602 |
Light & Wonder International, Inc. | ||
7.00%, 05/15/28 (a)(b) | 75,000 | 75,401 |
7.50%, 09/01/31 (a)(b) | 65,000 | 67,766 |
Lindblad Expeditions Holdings, Inc. | ||
9.00%, 05/15/28 (a)(b) | 60,000 | 63,355 |
Lithia Motors, Inc. | ||
4.63%, 12/15/27 (a)(b) | 25,000 | 23,842 |
3.88%, 06/01/29 (a)(b) | 65,000 | 58,072 |
4.38%, 01/15/31 (a)(b) | 55,000 | 48,844 |
Live Nation Entertainment, Inc. | ||
6.50%, 05/15/27 (a)(b) | 115,000 | 116,084 |
4.75%, 10/15/27 (a)(b) | 165,000 | 158,118 |
LSF9 Atlantis Holdings LLC/Victra Finance Corp. | ||
7.75%, 02/15/26 (a)(b) | 70,000 | 69,407 |
M/I Homes, Inc. | ||
4.95%, 02/01/28 (a) | 28,000 | 26,685 |
3.95%, 02/15/30 (a) | 10,000 | 8,934 |
Macy's Retail Holdings LLC | ||
5.88%, 04/01/29 (a)(b) | 150,000 | 144,605 |
4.50%, 12/15/34 (a) | 110,000 | 90,734 |
Marriott Ownership Resorts, Inc. | ||
4.75%, 01/15/28 (a) | 40,000 | 37,210 |
4.50%, 06/15/29 (a)(b) | 55,000 | 49,938 |
Match Group Holdings II LLC | ||
5.00%, 12/15/27 (a)(b) | 30,000 | 28,640 |
5.63%, 02/15/29 (a)(b) | 70,000 | 67,272 |
4.13%, 08/01/30 (a)(b) | 112,000 | 99,032 |
Mattamy Group Corp. | ||
4.63%, 03/01/30 (a)(b) | 75,000 | 67,400 |
Matthews International Corp. | ||
5.25%, 12/01/25 (a)(b) | 15,000 | 14,758 |
Mavis Tire Express Services Topco Corp. | ||
6.50%, 05/15/29 (a)(b) | 35,000 | 32,854 |
MGM Resorts International | ||
6.75%, 05/01/25 (a) | 152,000 | 152,309 |
5.50%, 04/15/27 (a) | 100,000 | 98,034 |
4.75%, 10/15/28 (a) | 125,000 | 117,436 |
Michaels Cos., Inc. | ||
5.25%, 05/01/28 (a)(b) | 75,000 | 58,324 |
7.88%, 05/01/29 (a)(b) | 100,000 | 64,699 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp. | ||
4.88%, 05/01/29 (a)(b) | 60,000 | 55,070 |
Mohegan Tribal Gaming Authority | ||
8.00%, 02/01/26 (a)(b) | 120,000 | 113,251 |
Motion Bondco DAC | ||
6.63%, 11/15/27 (a)(b) | 200,000 | 192,874 |
Murphy Oil USA, Inc. | ||
3.75%, 02/15/31 (a)(b) | 75,000 | 64,070 |
NCL Corp. Ltd. | ||
5.88%, 03/15/26 (a)(b) | 160,000 | 156,400 |
5.88%, 02/15/27 (a)(b) | 90,000 | 89,014 |
8.38%, 02/01/28 (a)(b) | 85,000 | 89,291 |
8.13%, 01/15/29 (a)(b) | 50,000 | 52,644 |
7.75%, 02/15/29 (a)(b) | 40,000 | 41,034 |
NCL Finance Ltd. | ||
6.13%, 03/15/28 (a)(b) | 25,000 | 24,401 |
Newmark Group, Inc. | ||
7.50%, 01/12/29 (a)(b) | 75,000 | 76,324 |
NMG Holding Co., Inc./Neiman Marcus Group LLC | ||
7.13%, 04/01/26 (a)(b) | 60,000 | 58,905 |
Nordstrom, Inc. | ||
4.00%, 03/15/27 (a) | 20,000 | 18,769 |
6.95%, 03/15/28 | 50,000 | 50,633 |
4.38%, 04/01/30 (a) | 90,000 | 79,623 |
4.25%, 08/01/31 (a) | 40,000 | 33,705 |
5.00%, 01/15/44 (a) | 85,000 | 60,825 |
Parkland Corp. | ||
4.50%, 10/01/29 (a)(b) | 95,000 | 86,897 |
4.63%, 05/01/30 (a)(b) | 50,000 | 45,721 |
Penn Entertainment, Inc. | ||
5.63%, 01/15/27 (a)(b) | 25,000 | 23,922 |
4.13%, 07/01/29 (a)(b) | 45,000 | 37,837 |
Penske Automotive Group, Inc. | ||
3.50%, 09/01/25 (a) | 20,000 | 19,422 |
3.75%, 06/15/29 (a)(b) | 40,000 | 35,467 |
PetSmart, Inc./PetSmart Finance Corp. | ||
4.75%, 02/15/28 (a)(b) | 260,000 | 244,022 |
PM General Purchaser LLC | ||
9.50%, 10/01/28 (a)(b) | 55,000 | 55,607 |
Premier Entertainment Sub LLC/Premier Entertainment Finance Corp. | ||
5.63%, 09/01/29 (a)(b) | 80,000 | 57,683 |
5.88%, 09/01/31 (a)(b) | 70,000 | 49,668 |
Prime Security Services Borrower LLC/Prime Finance, Inc. | ||
5.75%, 04/15/26 (b) | 115,000 | 114,227 |
3.38%, 08/31/27 (a)(b) | 85,000 | 77,907 |
6.25%, 01/15/28 (a)(b) | 105,000 | 103,676 |
QVC, Inc. | ||
4.75%, 02/15/27 (a) | 107,000 | 96,543 |
4.38%, 09/01/28 (a) | 34,000 | 27,924 |
5.95%, 03/15/43 | 42,000 | 28,945 |
Raising Cane's Restaurants LLC | ||
9.38%, 05/01/29 (a)(b) | 50,000 | 53,323 |
Rakuten Group, Inc. | ||
11.25%, 02/15/27 (b) | 200,000 | 212,986 |
Raptor Acquisition Corp./Raptor Co.-Issuer LLC | ||
4.88%, 11/01/26 (a)(b) | 50,000 | 48,170 |
Real Hero Merger Sub 2, Inc. | ||
6.25%, 02/01/29 (a)(b) | 60,000 | 52,257 |
Realogy Group LLC/Realogy Co.-Issuer Corp. | ||
5.75%, 01/15/29 (a)(b) | 47,000 | 35,015 |
5.25%, 04/15/30 (a)(b) | 35,000 | 24,556 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Royal Caribbean Cruises Ltd. | ||
5.50%, 08/31/26 (a)(b) | 75,000 | 74,214 |
5.38%, 07/15/27 (a)(b) | 220,000 | 216,002 |
11.63%, 08/15/27 (a)(b) | 100,000 | 108,241 |
3.70%, 03/15/28 (a) | 40,000 | 36,951 |
5.50%, 04/01/28 (a)(b) | 145,000 | 142,832 |
7.25%, 01/15/30 (a)(b) | 105,000 | 109,249 |
6.25%, 03/15/32 (a)(b)(g) | 100,000 | 100,330 |
Sally Holdings LLC/Sally Capital, Inc. | ||
5.63%, 12/01/25 (a) | 90,000 | 90,039 |
Scientific Games Holdings LP/Scientific Games U.S. FinCo, Inc. | ||
6.63%, 03/01/30 (a)(b) | 40,000 | 37,526 |
SeaWorld Parks & Entertainment, Inc. | ||
5.25%, 08/15/29 (a)(b) | 50,000 | 46,666 |
Service Corp. International | ||
5.13%, 06/01/29 (a) | 175,000 | 171,203 |
3.38%, 08/15/30 (a) | 60,000 | 51,556 |
4.00%, 05/15/31 (a) | 100,000 | 87,961 |
Shea Homes LP/Shea Homes Funding Corp. | ||
4.75%, 02/15/28 (a) | 19,000 | 18,143 |
4.75%, 04/01/29 (a) | 45,000 | 42,313 |
Signal Parent, Inc. | ||
6.13%, 04/01/29 (a)(b) | 25,000 | 19,532 |
Six Flags Entertainment Corp. | ||
5.50%, 04/15/27 (a)(b) | 50,000 | 48,977 |
7.25%, 05/15/31 (a)(b) | 124,000 | 124,883 |
Sonic Automotive, Inc. | ||
4.63%, 11/15/29 (a)(b) | 65,000 | 57,431 |
4.88%, 11/15/31 (a)(b) | 50,000 | 43,016 |
Sotheby's | ||
7.38%, 10/15/27 (a)(b) | 212,000 | 203,910 |
Staples, Inc. | ||
7.50%, 04/15/26 (a)(b) | 192,000 | 184,784 |
10.75%, 04/15/27 (a)(b) | 92,000 | 84,289 |
Station Casinos LLC | ||
4.50%, 02/15/28 (a)(b) | 55,000 | 51,324 |
4.63%, 12/01/31 (a)(b) | 45,000 | 40,048 |
StoneMor, Inc. | ||
8.50%, 05/15/29 (a)(b) | 38,000 | 27,612 |
Taylor Morrison Communities, Inc. | ||
5.75%, 01/15/28 (a)(b) | 35,000 | 34,331 |
5.13%, 08/01/30 (a)(b) | 65,000 | 61,418 |
Tenneco, Inc. | ||
8.00%, 11/17/28 (a)(b) | 155,000 | 141,393 |
TKC Holdings, Inc. | ||
10.50%, 05/15/29 (a)(b) | 105,000 | 95,434 |
Travel & Leisure Co. | ||
6.60%, 10/01/25 (a)(f) | 50,000 | 50,600 |
4.50%, 12/01/29 (a)(b) | 125,000 | 114,572 |
Tri Pointe Homes, Inc. | ||
5.70%, 06/15/28 (a) | 50,000 | 49,218 |
TriNet Group, Inc. | ||
3.50%, 03/01/29 (a)(b) | 50,000 | 44,324 |
TripAdvisor, Inc. | ||
7.00%, 07/15/25 (a)(b) | 80,000 | 80,145 |
Uber Technologies, Inc. | ||
7.50%, 09/15/27 (a)(b) | 85,000 | 87,023 |
6.25%, 01/15/28 (a)(b) | 55,000 | 55,120 |
4.50%, 08/15/29 (a)(b) | 125,000 | 117,275 |
Under Armour, Inc. | ||
3.25%, 06/15/26 (a) | 50,000 | 47,127 |
Upbound Group, Inc. | ||
6.38%, 02/15/29 (a)(b) | 25,000 | 23,948 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Vail Resorts, Inc. | ||
6.25%, 05/15/25 (a)(b) | 50,000 | 50,212 |
Valvoline, Inc. | ||
3.63%, 06/15/31 (a)(b) | 85,000 | 71,919 |
Victoria's Secret & Co. | ||
4.63%, 07/15/29 (a)(b) | 60,000 | 50,683 |
Viking Cruises Ltd. | ||
5.88%, 09/15/27 (a)(b) | 75,000 | 73,374 |
7.00%, 02/15/29 (a)(b) | 40,000 | 40,020 |
9.13%, 07/15/31 (a)(b) | 60,000 | 64,996 |
VOC Escrow Ltd. | ||
5.00%, 02/15/28 (a)(b) | 140,000 | 134,577 |
VT Topco, Inc. | ||
8.50%, 08/15/30 (a)(b) | 35,000 | 36,540 |
Walgreens Boots Alliance, Inc. | ||
3.45%, 06/01/26 (a) | 125,000 | 119,273 |
3.20%, 04/15/30 (a) | 100,000 | 86,412 |
4.10%, 04/15/50 (a) | 175,000 | 127,653 |
Wand NewCo 3, Inc. | ||
7.63%, 01/30/32 (a)(b) | 210,000 | 215,952 |
WASH Multifamily Acquisition, Inc. | ||
5.75%, 04/15/26 (a)(b) | 28,000 | 27,183 |
William Carter Co. | ||
5.63%, 03/15/27 (a)(b) | 50,000 | 49,104 |
Wolverine World Wide, Inc. | ||
4.00%, 08/15/29 (a)(b) | 50,000 | 40,109 |
WW International, Inc. | ||
4.50%, 04/15/29 (a)(b) | 43,000 | 19,968 |
Wyndham Hotels & Resorts, Inc. | ||
4.38%, 08/15/28 (a)(b) | 25,000 | 23,265 |
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp. | ||
5.25%, 05/15/27 (a)(b) | 63,000 | 61,715 |
Wynn Resorts Finance LLC/Wynn Resorts Capital Corp. | ||
5.13%, 10/01/29 (a)(b) | 65,000 | 61,361 |
7.13%, 02/15/31 (a)(b) | 150,000 | 154,996 |
Yum! Brands, Inc. | ||
4.75%, 01/15/30 (a)(b) | 125,000 | 118,697 |
4.63%, 01/31/32 (a) | 300,000 | 275,671 |
ZF North America Capital, Inc. | ||
4.75%, 04/29/25 (b) | 150,000 | 147,862 |
6.88%, 04/14/28 (a)(b) | 150,000 | 153,267 |
ZipRecruiter, Inc. | ||
5.00%, 01/15/30 (a)(b) | 45,000 | 39,669 |
21,865,809 | ||
Consumer Non-Cyclical 11.3% | ||
Acadia Healthcare Co., Inc. | ||
5.50%, 07/01/28 (a)(b) | 45,000 | 43,546 |
ACCO Brands Corp. | ||
4.25%, 03/15/29 (a)(b) | 65,000 | 57,700 |
Acushnet Co. | ||
7.38%, 10/15/28 (a)(b) | 25,000 | 25,800 |
AdaptHealth LLC | ||
4.63%, 08/01/29 (a)(b) | 50,000 | 41,673 |
5.13%, 03/01/30 (a)(b) | 40,000 | 33,490 |
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC | ||
7.50%, 03/15/26 (a)(b) | 148,000 | 150,778 |
4.63%, 01/15/27 (a)(b) | 215,000 | 207,489 |
5.88%, 02/15/28 (a)(b) | 140,000 | 138,073 |
3.50%, 03/15/29 (a)(b) | 170,000 | 151,629 |
Amer Sports Co. | ||
6.75%, 02/16/31 (a)(b) | 100,000 | 99,595 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
AMN Healthcare, Inc. | ||
4.63%, 10/01/27 (a)(b) | 100,000 | 94,225 |
4.00%, 04/15/29 (a)(b) | 10,000 | 8,786 |
Aramark Services, Inc. | ||
5.00%, 04/01/25 (a)(b) | 230,000 | 228,728 |
5.00%, 02/01/28 (a)(b) | 5,000 | 4,797 |
Avantor Funding, Inc. | ||
4.63%, 07/15/28 (a)(b) | 136,000 | 128,532 |
B&G Foods, Inc. | ||
5.25%, 04/01/25 (a) | 70,000 | 69,822 |
5.25%, 09/15/27 (a) | 40,000 | 37,238 |
8.00%, 09/15/28 (a)(b) | 90,000 | 93,808 |
Bausch & Lomb Corp. | ||
8.38%, 10/01/28 (a)(b) | 130,000 | 136,013 |
Bausch Health Americas, Inc. | ||
9.25%, 04/01/26 (a)(b) | 110,000 | 103,537 |
8.50%, 01/31/27 (a)(b) | 77,000 | 43,905 |
Bausch Health Cos., Inc. | ||
5.50%, 11/01/25 (a)(b) | 175,000 | 163,022 |
9.00%, 12/15/25 (a)(b) | 85,000 | 80,948 |
5.75%, 08/15/27 (a)(b) | 70,000 | 42,268 |
4.88%, 06/01/28 (a)(b) | 125,000 | 71,367 |
11.00%, 09/30/28 (b) | 135,000 | 91,125 |
5.00%, 02/15/29 (a)(b) | 145,000 | 64,051 |
7.25%, 05/30/29 (a)(b) | 30,000 | 13,746 |
14.00%, 10/15/30 (a)(b) | 100,000 | 59,309 |
5.25%, 02/15/31 (a)(b) | 76,000 | 32,870 |
BellRing Brands, Inc. | ||
7.00%, 03/15/30 (a)(b) | 30,000 | 30,644 |
C&S Group Enterprises LLC | ||
5.00%, 12/15/28 (a)(b) | 25,000 | 19,834 |
Cano Health LLC | ||
6.25%, 10/01/28 (a)(b)(e)(h) | 26,000 | 390 |
Catalent Pharma Solutions, Inc. | ||
5.00%, 07/15/27 (a)(b) | 50,000 | 49,276 |
3.13%, 02/15/29 (a)(b) | 25,000 | 24,165 |
3.50%, 04/01/30 (a)(b) | 75,000 | 72,297 |
CD&R Smokey Buyer, Inc. | ||
6.75%, 07/15/25 (a)(b) | 65,000 | 64,790 |
Central Garden & Pet Co. | ||
4.13%, 10/15/30 (a) | 90,000 | 80,036 |
Charles River Laboratories International, Inc. | ||
4.00%, 03/15/31 (a)(b) | 73,000 | 64,439 |
Chobani LLC/Chobani Finance Corp., Inc. | ||
7.63%, 07/01/29 (a)(b) | 130,000 | 130,837 |
CHS/Community Health Systems, Inc. | ||
8.00%, 03/15/26 (a)(b) | 264,000 | 261,617 |
5.63%, 03/15/27 (a)(b) | 245,000 | 224,446 |
6.88%, 04/01/28 (a)(b) | 100,000 | 64,680 |
6.88%, 04/15/29 (a)(b) | 85,000 | 54,341 |
6.13%, 04/01/30 (a)(b) | 91,000 | 57,029 |
5.25%, 05/15/30 (a)(b) | 152,000 | 121,426 |
4.75%, 02/15/31 (a)(b) | 60,000 | 45,713 |
10.88%, 01/15/32 (a)(b) | 165,000 | 168,226 |
Coty, Inc. | ||
5.00%, 04/15/26 (a)(b) | 50,000 | 49,047 |
6.50%, 04/15/26 (a)(b) | 50,000 | 49,992 |
Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International U.S. LLC | ||
4.75%, 01/15/29 (a)(b) | 100,000 | 93,719 |
6.63%, 07/15/30 (a)(b) | 25,000 | 25,425 |
Darling Ingredients, Inc. | ||
5.25%, 04/15/27 (a)(b) | 70,000 | 68,735 |
6.00%, 06/15/30 (a)(b) | 95,000 | 93,679 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
DaVita, Inc. | ||
4.63%, 06/01/30 (a)(b) | 195,000 | 171,715 |
3.75%, 02/15/31 (a)(b) | 200,000 | 164,356 |
Edgewell Personal Care Co. | ||
5.50%, 06/01/28 (a)(b) | 25,000 | 24,430 |
4.13%, 04/01/29 (a)(b) | 35,000 | 31,927 |
Elanco Animal Health, Inc. | ||
6.65%, 08/28/28 (a)(f) | 90,000 | 90,896 |
Embecta Corp. | ||
5.00%, 02/15/30 (a)(b) | 85,000 | 67,846 |
Emergent BioSolutions, Inc. | ||
3.88%, 08/15/28 (a)(b) | 40,000 | 16,255 |
Encompass Health Corp. | ||
4.50%, 02/01/28 (a) | 105,000 | 99,453 |
4.75%, 02/01/30 (a) | 80,000 | 74,272 |
4.63%, 04/01/31 (a) | 35,000 | 31,703 |
Energizer Holdings, Inc. | ||
6.50%, 12/31/27 (a)(b) | 55,000 | 54,578 |
4.75%, 06/15/28 (a)(b) | 50,000 | 45,769 |
4.38%, 03/31/29 (a)(b) | 75,000 | 66,528 |
Fortrea Holdings, Inc. | ||
7.50%, 07/01/30 (a)(b) | 52,000 | 53,235 |
Global Medical Response, Inc. | ||
6.50%, 10/01/25 (a)(b) | 45,000 | 39,540 |
Grifols SA | ||
4.75%, 10/15/28 (a)(b) | 200,000 | 166,780 |
Heartland Dental LLC/Heartland Dental Finance Corp. | ||
10.50%, 04/30/28 (a)(b) | 35,000 | 36,794 |
Herbalife Nutrition Ltd./HLF Financing, Inc. | ||
7.88%, 09/01/25 (a)(b) | 60,000 | 58,265 |
H-Food Holdings LLC/Hearthside Finance Co., Inc. | ||
8.50%, 06/01/26 (a)(b) | 44,000 | 1,980 |
HLF Financing SARL LLC/Herbalife International, Inc. | ||
4.88%, 06/01/29 (a)(b) | 58,000 | 41,547 |
Hologic, Inc. | ||
4.63%, 02/01/28 (a)(b) | 50,000 | 47,957 |
3.25%, 02/15/29 (a)(b) | 60,000 | 53,556 |
Ingles Markets, Inc. | ||
4.00%, 06/15/31 (a)(b) | 75,000 | 65,063 |
IQVIA, Inc. | ||
5.00%, 10/15/26 (a)(b) | 200,000 | 195,719 |
Jazz Securities DAC | ||
4.38%, 01/15/29 (a)(b) | 200,000 | 184,450 |
Kedrion SpA | ||
6.50%, 09/01/29 (a)(b) | 200,000 | 180,235 |
KeHE Distributors LLC/KeHE Finance Corp./NextWave Distribution, Inc. | ||
9.00%, 02/15/29 (a)(b) | 75,000 | 75,314 |
Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc. | ||
5.00%, 12/31/26 (a)(b) | 40,000 | 38,483 |
7.00%, 12/31/27 (a)(b) | 55,000 | 53,120 |
Lamb Weston Holdings, Inc. | ||
4.13%, 01/31/30 (a)(b) | 175,000 | 158,727 |
Legacy LifePoint Health LLC | ||
4.38%, 02/15/27 (a)(b) | 55,000 | 51,081 |
LifePoint Health, Inc. | ||
5.38%, 01/15/29 (a)(b) | 125,000 | 99,815 |
9.88%, 08/15/30 (a)(b) | 50,000 | 51,937 |
11.00%, 10/15/30 (a)(b) | 75,000 | 79,429 |
MajorDrive Holdings IV LLC | ||
6.38%, 06/01/29 (a)(b) | 40,000 | 34,540 |
Mallinckrodt International Finance SA/Mallinckrodt CB LLC | ||
14.75%, 11/14/28 (a)(b) | 75,000 | 81,481 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Medline Borrower LP | ||
3.88%, 04/01/29 (a)(b) | 455,000 | 408,362 |
5.25%, 10/01/29 (a)(b) | 200,000 | 185,186 |
ModivCare Escrow Issuer, Inc. | ||
5.00%, 10/01/29 (a)(b) | 55,000 | 40,623 |
ModivCare, Inc. | ||
5.88%, 11/15/25 (a)(b) | 20,000 | 19,544 |
MPH Acquisition Holdings LLC | ||
5.50%, 09/01/28 (a)(b) | 95,000 | 82,993 |
5.75%, 11/01/28 (a)(b) | 90,000 | 71,893 |
Neogen Food Safety Corp. | ||
8.63%, 07/20/30 (a)(b) | 60,000 | 63,668 |
Newell Brands, Inc. | ||
5.20%, 04/01/26 (a) | 220,000 | 213,862 |
6.38%, 09/15/27 (a) | 100,000 | 97,183 |
6.63%, 09/15/29 (a) | 85,000 | 81,523 |
6.50%, 04/01/46 (a)(f) | 111,000 | 88,675 |
Option Care Health, Inc. | ||
4.38%, 10/31/29 (a)(b) | 35,000 | 31,988 |
Organon & Co./Organon Foreign Debt Co.-Issuer BV | ||
4.13%, 04/30/28 (a)(b) | 200,000 | 183,219 |
5.13%, 04/30/31 (a)(b) | 200,000 | 171,562 |
Owens & Minor, Inc. | ||
6.63%, 04/01/30 (a)(b) | 115,000 | 111,237 |
P&L Development LLC/PLD Finance Corp. | ||
7.75%, 11/15/25 (a)(b) | 34,000 | 27,431 |
Pediatrix Medical Group, Inc. | ||
5.38%, 02/15/30 (a)(b) | 30,000 | 27,000 |
Performance Food Group, Inc. | ||
6.88%, 05/01/25 (a)(b) | 10,000 | 10,039 |
5.50%, 10/15/27 (a)(b) | 80,000 | 78,437 |
4.25%, 08/01/29 (a)(b) | 120,000 | 109,023 |
Perrigo Finance Unlimited Co. | ||
4.65%, 06/15/30 (a) | 200,000 | 179,236 |
Pilgrim's Pride Corp. | ||
4.25%, 04/15/31 (a) | 72,000 | 64,413 |
3.50%, 03/01/32 (a) | 125,000 | 104,544 |
6.25%, 07/01/33 (a) | 105,000 | 106,255 |
6.88%, 05/15/34 (a) | 40,000 | 42,175 |
Post Holdings, Inc. | ||
5.63%, 01/15/28 (a)(b) | 150,000 | 147,390 |
5.50%, 12/15/29 (a)(b) | 65,000 | 62,244 |
4.63%, 04/15/30 (a)(b) | 135,000 | 122,935 |
4.50%, 09/15/31 (a)(b) | 140,000 | 124,739 |
Prestige Brands, Inc. | ||
3.75%, 04/01/31 (a)(b) | 50,000 | 43,240 |
Prime Healthcare Services, Inc. | ||
7.25%, 11/01/25 (a)(b) | 40,000 | 39,943 |
Primo Water Holdings, Inc. | ||
4.38%, 04/30/29 (a)(b) | 40,000 | 36,322 |
RegionalCare Hospital Partners Holdings, Inc./LifePoint Health, Inc. | ||
9.75%, 12/01/26 (a)(b) | 96,000 | 96,071 |
Safeway, Inc. | ||
7.25%, 02/01/31 | 35,000 | 37,168 |
Scotts Miracle-Gro Co. | ||
4.50%, 10/15/29 (a) | 45,000 | 39,983 |
4.00%, 04/01/31 (a) | 30,000 | 25,476 |
4.38%, 02/01/32 (a) | 40,000 | 33,488 |
Select Medical Corp. | ||
6.25%, 08/15/26 (a)(b) | 175,000 | 174,719 |
Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed | ||
4.63%, 03/01/29 (a)(b) | 45,000 | 39,479 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Spectrum Brands, Inc. | ||
5.50%, 07/15/30 (a)(b) | 20,000 | 19,588 |
3.88%, 03/15/31 (a)(b) | 60,000 | 57,038 |
Star Parent, Inc. | ||
9.00%, 10/01/30 (a)(b) | 65,000 | 68,680 |
Surgery Center Holdings, Inc. | ||
10.00%, 04/15/27 (a)(b) | 25,000 | 25,232 |
SWF Escrow Issuer Corp. | ||
6.50%, 10/01/29 (a)(b) | 45,000 | 31,706 |
Teleflex, Inc. | ||
4.63%, 11/15/27 (a) | 15,000 | 14,339 |
4.25%, 06/01/28 (a)(b) | 135,000 | 126,178 |
Tempur Sealy International, Inc. | ||
3.88%, 10/15/31 (a)(b) | 90,000 | 74,951 |
Tenet Healthcare Corp. | ||
4.88%, 01/01/26 (a) | 215,000 | 214,912 |
6.25%, 02/01/27 (a) | 255,000 | 254,606 |
5.13%, 11/01/27 (a) | 135,000 | 132,313 |
4.63%, 06/15/28 (a) | 53,000 | 50,499 |
6.13%, 10/01/28 (a) | 165,000 | 163,270 |
4.25%, 06/01/29 (a) | 80,000 | 73,647 |
4.38%, 01/15/30 (a) | 175,000 | 160,448 |
6.13%, 06/15/30 (a) | 125,000 | 123,951 |
6.75%, 05/15/31 (a)(b) | 50,000 | 50,500 |
6.88%, 11/15/31 | 45,000 | 46,097 |
Thor Industries, Inc. | ||
4.00%, 10/15/29 (a)(b) | 40,000 | 35,450 |
Toledo Hospital | ||
4.98%, 11/15/45 (a) | 35,000 | 24,226 |
6.02%, 11/15/48 | 50,000 | 40,563 |
TreeHouse Foods, Inc. | ||
4.00%, 09/01/28 (a) | 25,000 | 22,089 |
Triton Water Holdings, Inc. | ||
6.25%, 04/01/29 (a)(b) | 50,000 | 43,695 |
U.S. Acute Care Solutions LLC | ||
6.38%, 03/01/26 (a)(b) | 80,000 | 72,508 |
U.S. Foods, Inc. | ||
6.88%, 09/15/28 (a)(b) | 25,000 | 25,469 |
4.75%, 02/15/29 (a)(b) | 100,000 | 93,973 |
4.63%, 06/01/30 (a)(b) | 45,000 | 41,275 |
7.25%, 01/15/32 (a)(b) | 50,000 | 51,682 |
United Natural Foods, Inc. | ||
6.75%, 10/15/28 (a)(b) | 35,000 | 29,186 |
Vector Group Ltd. | ||
5.75%, 02/01/29 (a)(b) | 80,000 | 73,374 |
Vista Outdoor, Inc. | ||
4.50%, 03/15/29 (a)(b) | 65,000 | 64,248 |
Winnebago Industries, Inc. | ||
6.25%, 07/15/28 (a)(b) | 65,000 | 64,185 |
13,214,575 | ||
Energy 12.0% | ||
Aethon United BR LP/Aethon United Finance Corp. | ||
8.25%, 02/15/26 (a)(b) | 75,000 | 75,379 |
AmeriGas Partners LP/AmeriGas Finance Corp. | ||
5.50%, 05/20/25 (a) | 25,000 | 24,564 |
5.75%, 05/20/27 (a) | 125,000 | 118,293 |
9.38%, 06/01/28 (a)(b) | 45,000 | 45,711 |
Antero Midstream Partners LP/Antero Midstream Finance Corp. | ||
5.75%, 03/01/27 (a)(b) | 10,000 | 9,792 |
5.75%, 01/15/28 (a)(b) | 70,000 | 68,686 |
5.38%, 06/15/29 (a)(b) | 215,000 | 204,702 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Antero Resources Corp. | ||
7.63%, 02/01/29 (a)(b) | 25,000 | 25,770 |
5.38%, 03/01/30 (a)(b) | 50,000 | 47,698 |
Archrock Partners LP/Archrock Partners Finance Corp. | ||
6.88%, 04/01/27 (a)(b) | 50,000 | 49,795 |
6.25%, 04/01/28 (a)(b) | 39,000 | 38,059 |
Ascent Resources Utica Holdings LLC/ARU Finance Corp. | ||
7.00%, 11/01/26 (a)(b) | 125,000 | 125,013 |
8.25%, 12/31/28 (a)(b) | 70,000 | 71,133 |
Baytex Energy Corp. | ||
8.75%, 04/01/27 (a)(b) | 50,000 | 51,908 |
8.50%, 04/30/30 (a)(b) | 95,000 | 98,859 |
Blue Racer Midstream LLC/Blue Racer Finance Corp. | ||
7.63%, 12/15/25 (a)(b) | 95,000 | 95,907 |
Borr IHC Ltd./Borr Finance LLC | ||
10.38%, 11/15/30 (a)(b) | 200,000 | 207,755 |
Bristow Group, Inc. | ||
6.88%, 03/01/28 (a)(b) | 45,000 | 44,104 |
Buckeye Partners LP | ||
4.13%, 03/01/25 (a)(b) | 15,000 | 14,681 |
3.95%, 12/01/26 (a) | 75,000 | 70,995 |
4.50%, 03/01/28 (a)(b) | 15,000 | 13,959 |
5.85%, 11/15/43 (a) | 82,000 | 67,618 |
California Resources Corp. | ||
7.13%, 02/01/26 (a)(b) | 65,000 | 65,398 |
Callon Petroleum Co. | ||
8.00%, 08/01/28 (a)(b) | 100,000 | 104,516 |
7.50%, 06/15/30 (a)(b) | 25,000 | 26,357 |
Calumet Specialty Products Partners LP/Calumet Finance Corp. | ||
11.00%, 04/15/25 (a)(b) | 25,000 | 25,209 |
8.13%, 01/15/27 (a)(b) | 30,000 | 29,725 |
9.75%, 07/15/28 (a)(b) | 25,000 | 24,794 |
Cheniere Energy Partners LP | ||
5.95%, 06/30/33 (a) | 50,000 | 50,391 |
Chesapeake Energy Corp. | ||
5.88%, 02/01/29 (a)(b) | 25,000 | 24,751 |
6.75%, 04/15/29 (a)(b) | 135,000 | 135,641 |
Chord Energy Corp. | ||
6.38%, 06/01/26 (a)(b) | 25,000 | 25,051 |
CITGO Petroleum Corp. | ||
6.38%, 06/15/26 (a)(b) | 145,000 | 146,026 |
8.38%, 01/15/29 (a)(b) | 180,000 | 189,184 |
Civitas Resources, Inc. | ||
5.00%, 10/15/26 (a)(b) | 50,000 | 48,490 |
8.38%, 07/01/28 (a)(b) | 149,000 | 156,103 |
8.63%, 11/01/30 (a)(b) | 75,000 | 80,317 |
8.75%, 07/01/31 (a)(b) | 103,000 | 109,666 |
CNX Midstream Partners LP | ||
4.75%, 04/15/30 (a)(b) | 35,000 | 30,663 |
CNX Resources Corp. | ||
6.00%, 01/15/29 (a)(b) | 50,000 | 48,101 |
7.38%, 01/15/31 (a)(b) | 100,000 | 100,914 |
Comstock Resources, Inc. | ||
6.75%, 03/01/29 (a)(b) | 110,000 | 101,614 |
5.88%, 01/15/30 (a)(b) | 65,000 | 56,916 |
CQP Holdco LP/BIP-V Chinook Holdco LLC | ||
5.50%, 06/15/31 (a)(b) | 250,000 | 233,148 |
Crescent Energy Finance LLC | ||
7.25%, 05/01/26 (a)(b) | 40,000 | 39,888 |
9.25%, 02/15/28 (a)(b) | 137,000 | 143,503 |
CrownRock LP/CrownRock Finance, Inc. | ||
5.63%, 10/15/25 (a)(b) | 113,000 | 112,545 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
CSI Compressco LP/CSI Compressco Finance, Inc. | ||
7.50%, 04/01/25 (a)(b) | 50,000 | 50,088 |
CVR Energy, Inc. | ||
5.75%, 02/15/28 (a)(b) | 50,000 | 46,452 |
Delek Logistics Partners LP/Delek Logistics Finance Corp. | ||
7.13%, 06/01/28 (a)(b) | 50,000 | 47,919 |
Diamond Foreign Asset Co./Diamond Finance LLC | ||
8.50%, 10/01/30 (a)(b) | 40,000 | 40,990 |
DT Midstream, Inc. | ||
4.13%, 06/15/29 (a)(b) | 110,000 | 100,616 |
4.38%, 06/15/31 (a)(b) | 5,000 | 4,505 |
Encino Acquisition Partners Holdings LLC | ||
8.50%, 05/01/28 (a)(b) | 94,000 | 93,944 |
Endeavor Energy Resources LP/EER Finance, Inc. | ||
5.75%, 01/30/28 (a)(b) | 60,000 | 60,532 |
Enerflex Ltd. | ||
9.00%, 10/15/27 (a)(b) | 55,000 | 55,424 |
Energy Transfer LP | ||
8.00%, 05/15/54 (a)(c) | 85,000 | 88,388 |
EnLink Midstream LLC | ||
5.38%, 06/01/29 (a) | 15,000 | 14,552 |
6.50%, 09/01/30 (a)(b) | 120,000 | 123,107 |
EnLink Midstream Partners LP | ||
4.15%, 06/01/25 (a) | 25,000 | 24,393 |
5.60%, 04/01/44 (a) | 20,000 | 18,141 |
5.05%, 04/01/45 (a) | 40,000 | 34,051 |
5.45%, 06/01/47 (a) | 95,000 | 83,676 |
EQM Midstream Partners LP | ||
4.13%, 12/01/26 (a) | 25,000 | 23,987 |
7.50%, 06/01/27 (a)(b) | 140,000 | 143,338 |
6.50%, 07/01/27 (a)(b) | 90,000 | 90,971 |
5.50%, 07/15/28 (a) | 75,000 | 73,627 |
4.50%, 01/15/29 (a)(b) | 45,000 | 42,221 |
7.50%, 06/01/30 (a)(b) | 35,000 | 37,237 |
4.75%, 01/15/31 (a)(b) | 115,000 | 107,044 |
6.50%, 07/15/48 (a) | 45,000 | 45,712 |
Ferrellgas LP/Ferrellgas Finance Corp. | ||
5.88%, 04/01/29 (a)(b) | 140,000 | 133,043 |
FTAI Infra Escrow Holdings LLC | ||
10.50%, 06/01/27 (a)(b) | 50,000 | 51,857 |
Genesis Energy LP/Genesis Energy Finance Corp. | ||
6.25%, 05/15/26 (a) | 100,000 | 99,164 |
8.00%, 01/15/27 (a) | 85,000 | 85,670 |
7.75%, 02/01/28 (a) | 30,000 | 30,027 |
8.25%, 01/15/29 (a) | 125,000 | 127,185 |
Global Marine, Inc. | ||
7.00%, 06/01/28 | 30,000 | 26,320 |
Global Partners LP/GLP Finance Corp. | ||
6.88%, 01/15/29 (a) | 30,000 | 29,594 |
8.25%, 01/15/32 (a)(b) | 60,000 | 61,580 |
Greenfire Resources Ltd. | ||
12.00%, 10/01/28 (a)(b) | 50,000 | 52,476 |
Gulfport Energy Corp. | ||
8.00%, 05/17/26 (a)(b) | 90,000 | 91,659 |
Harbour Energy PLC | ||
5.50%, 10/15/26 (a)(b) | 200,000 | 195,165 |
Harvest Midstream I LP | ||
7.50%, 09/01/28 (a)(b) | 135,000 | 136,217 |
Helix Energy Solutions Group, Inc. | ||
9.75%, 03/01/29 (a)(b) | 30,000 | 31,731 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Hess Midstream Operations LP | ||
5.63%, 02/15/26 (a)(b) | 60,000 | 59,207 |
4.25%, 02/15/30 (a)(b) | 85,000 | 77,477 |
5.50%, 10/15/30 (a)(b) | 30,000 | 28,858 |
Hilcorp Energy I LP/Hilcorp Finance Co. | ||
6.00%, 02/01/31 (a)(b) | 160,000 | 154,892 |
6.25%, 04/15/32 (a)(b) | 35,000 | 33,890 |
8.38%, 11/01/33 (a)(b) | 75,000 | 80,621 |
Howard Midstream Energy Partners LLC | ||
6.75%, 01/15/27 (a)(b) | 25,000 | 24,927 |
8.88%, 07/15/28 (a)(b) | 35,000 | 36,916 |
ITT Holdings LLC | ||
6.50%, 08/01/29 (a)(b) | 95,000 | 84,414 |
Kinetik Holdings LP | ||
6.63%, 12/15/28 (a)(b) | 125,000 | 126,629 |
5.88%, 06/15/30 (a)(b) | 95,000 | 92,638 |
Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp. | ||
6.00%, 08/01/26 (a)(b) | 35,000 | 34,353 |
Martin Midstream Partners LP/Martin Midstream Finance Corp. | ||
11.50%, 02/15/28 (a)(b) | 25,000 | 26,277 |
Matador Resources Co. | ||
5.88%, 09/15/26 (a) | 65,000 | 64,410 |
MEG Energy Corp. | ||
5.88%, 02/01/29 (a)(b) | 115,000 | 112,216 |
Moss Creek Resources Holdings, Inc. | ||
7.50%, 01/15/26 (a)(b) | 50,000 | 49,749 |
10.50%, 05/15/27 (a)(b) | 50,000 | 51,276 |
Murphy Oil Corp. | ||
5.88%, 12/01/27 (a) | 40,000 | 39,753 |
6.38%, 07/15/28 (a) | 100,000 | 100,219 |
5.88%, 12/01/42 (a)(f) | 30,000 | 26,446 |
Nabors Industries Ltd. | ||
7.25%, 01/15/26 (a)(b) | 50,000 | 49,289 |
Nabors Industries, Inc. | ||
7.38%, 05/15/27 (a)(b) | 75,000 | 74,795 |
9.13%, 01/31/30 (a)(b) | 80,000 | 82,061 |
New Fortress Energy, Inc. | ||
6.75%, 09/15/25 (a)(b) | 155,000 | 154,343 |
6.50%, 09/30/26 (a)(b) | 175,000 | 169,157 |
NGL Energy Operating LLC/NGL Energy Finance Corp. | ||
8.13%, 02/15/29 (a)(b) | 75,000 | 75,771 |
8.38%, 02/15/32 (a)(b) | 75,000 | 76,244 |
NGL Energy Partners LP/NGL Energy Finance Corp. | ||
7.50%, 04/15/26 (a) | 20,000 | 20,032 |
Nine Energy Service, Inc. | ||
13.00%, 02/01/28 (a) | 30,000 | 25,030 |
Noble Finance II LLC | ||
8.00%, 04/15/30 (a)(b) | 25,000 | 25,722 |
Northern Oil & Gas, Inc. | ||
8.13%, 03/01/28 (a)(b) | 100,000 | 101,347 |
Northriver Midstream Finance LP | ||
5.63%, 02/15/26 (a)(b) | 25,000 | 24,531 |
NuStar Logistics LP | ||
5.75%, 10/01/25 (a) | 80,000 | 79,339 |
6.00%, 06/01/26 (a) | 35,000 | 34,629 |
5.63%, 04/28/27 (a) | 85,000 | 84,203 |
6.38%, 10/01/30 (a) | 50,000 | 50,188 |
Oceaneering International, Inc. | ||
6.00%, 02/01/28 (a) | 25,000 | 24,605 |
PBF Holding Co. LLC/PBF Finance Corp. | ||
6.00%, 02/15/28 (a) | 58,000 | 56,458 |
7.88%, 09/15/30 (a)(b) | 40,000 | 41,019 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
PDC Energy, Inc. | ||
5.75%, 05/15/26 (a) | 50,000 | 49,961 |
Permian Resources Operating LLC | ||
6.88%, 04/01/27 (a)(b) | 80,000 | 79,849 |
8.00%, 04/15/27 (a)(b) | 90,000 | 92,896 |
5.88%, 07/01/29 (a)(b) | 50,000 | 48,903 |
7.00%, 01/15/32 (a)(b) | 135,000 | 138,699 |
Petrofac Ltd. | ||
9.75%, 11/15/26 (a)(b) | 50,000 | 24,565 |
Prairie Acquiror LP | ||
9.00%, 08/01/29 (a)(b)(g) | 100,000 | 100,823 |
Precision Drilling Corp. | ||
6.88%, 01/15/29 (a)(b) | 40,000 | 39,545 |
Range Resources Corp. | ||
8.25%, 01/15/29 (a) | 100,000 | 104,406 |
4.75%, 02/15/30 (a)(b) | 50,000 | 46,500 |
Rockcliff Energy II LLC | ||
5.50%, 10/15/29 (a)(b) | 75,000 | 69,163 |
Rockies Express Pipeline LLC | ||
3.60%, 05/15/25 (a)(b) | 34,000 | 32,993 |
4.95%, 07/15/29 (a)(b) | 70,000 | 65,525 |
4.80%, 05/15/30 (a)(b) | 35,000 | 32,451 |
6.88%, 04/15/40 (b) | 50,000 | 49,276 |
Seadrill Finance Ltd. | ||
8.38%, 08/01/30 (a)(b) | 200,000 | 205,678 |
Sitio Royalties Operating Partnership LP/Sitio Finance Corp. | ||
7.88%, 11/01/28 (a)(b) | 50,000 | 51,153 |
SM Energy Co. | ||
6.63%, 01/15/27 (a) | 25,000 | 24,920 |
6.50%, 07/15/28 (a) | 105,000 | 105,216 |
Solaris Midstream Holdings LLC | ||
7.63%, 04/01/26 (a)(b) | 55,000 | 55,017 |
Southwestern Energy Co. | ||
5.38%, 03/15/30 (a) | 25,000 | 23,919 |
4.75%, 02/01/32 (a) | 220,000 | 199,994 |
Strathcona Resources Ltd. | ||
6.88%, 08/01/26 (a)(b) | 70,000 | 69,625 |
Suburban Propane Partners LP/Suburban Energy Finance Corp. | ||
5.00%, 06/01/31 (a)(b) | 70,000 | 62,950 |
Summit Midstream Holdings LLC/Summit Midstream Finance Corp. | ||
9.00%, 10/15/26 (a)(b)(f) | 75,000 | 74,277 |
Sunoco LP/Sunoco Finance Corp. | ||
5.88%, 03/15/28 (a) | 30,000 | 29,705 |
4.50%, 05/15/29 (a) | 155,000 | 143,323 |
4.50%, 04/30/30 (a) | 65,000 | 59,203 |
Superior Plus LP/Superior General Partner, Inc. | ||
4.50%, 03/15/29 (a)(b) | 65,000 | 58,898 |
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp. | ||
6.00%, 03/01/27 (a)(b) | 30,000 | 29,635 |
5.50%, 01/15/28 (a)(b) | 80,000 | 76,093 |
7.38%, 02/15/29 (a)(b) | 100,000 | 99,853 |
6.00%, 12/31/30 (a)(b) | 75,000 | 69,817 |
6.00%, 09/01/31 (a)(b) | 70,000 | 64,179 |
Talos Production, Inc. | ||
9.00%, 02/01/29 (a)(b) | 25,000 | 25,571 |
9.38%, 02/01/31 (a)(b) | 75,000 | 77,547 |
Teine Energy Ltd. | ||
6.88%, 04/15/29 (a)(b) | 50,000 | 47,500 |
Transocean Poseidon Ltd. | ||
6.88%, 02/01/27 (a)(b) | 50,625 | 50,485 |
Transocean Titan Financing Ltd. | ||
8.38%, 02/01/28 (a)(b) | 45,000 | 46,218 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Transocean, Inc. | ||
7.50%, 01/15/26 (a)(b) | 100,000 | 98,939 |
11.50%, 01/30/27 (a)(b) | 50,000 | 52,038 |
8.00%, 02/01/27 (a)(b) | 22,000 | 21,494 |
8.75%, 02/15/30 (a)(b) | 81,000 | 83,233 |
7.50%, 04/15/31 | 55,000 | 46,974 |
6.80%, 03/15/38 | 75,000 | 58,890 |
USA Compression Partners LP/USA Compression Finance Corp. | ||
6.88%, 04/01/26 (a) | 55,000 | 54,964 |
6.88%, 09/01/27 (a) | 60,000 | 59,746 |
Valaris Ltd. | ||
8.38%, 04/30/30 (a)(b) | 90,000 | 92,361 |
Venture Global Calcasieu Pass LLC | ||
3.88%, 08/15/29 (a)(b) | 150,000 | 134,777 |
6.25%, 01/15/30 (a)(b) | 115,000 | 114,903 |
4.13%, 08/15/31 (a)(b) | 65,000 | 57,098 |
3.88%, 11/01/33 (a)(b) | 140,000 | 117,531 |
Venture Global LNG, Inc. | ||
8.13%, 06/01/28 (a)(b) | 195,000 | 198,259 |
9.50%, 02/01/29 (a)(b) | 275,000 | 293,381 |
8.38%, 06/01/31 (a)(b) | 230,000 | 232,812 |
9.88%, 02/01/32 (a)(b) | 165,000 | 173,828 |
Vermilion Energy, Inc. | ||
6.88%, 05/01/30 (a)(b) | 75,000 | 72,357 |
Viper Energy, Inc. | ||
7.38%, 11/01/31 (a)(b) | 100,000 | 103,055 |
Vital Energy, Inc. | ||
7.75%, 07/31/29 (a)(b) | 65,000 | 64,706 |
9.75%, 10/15/30 (a) | 50,000 | 53,600 |
W&T Offshore, Inc. | ||
11.75%, 02/01/26 (a)(b) | 25,000 | 25,742 |
Weatherford International Ltd. | ||
8.63%, 04/30/30 (a)(b) | 155,000 | 160,821 |
13,933,666 | ||
Industrial Other 1.5% | ||
Adtalem Global Education, Inc. | ||
5.50%, 03/01/28 (a)(b) | 70,000 | 66,705 |
AECOM | ||
5.13%, 03/15/27 (a) | 115,000 | 112,777 |
Albion Financing 2 SARL | ||
8.75%, 04/15/27 (a)(b) | 200,000 | 200,983 |
APi Group DE, Inc. | ||
4.13%, 07/15/29 (a)(b) | 65,000 | 58,552 |
Aptim Corp. | ||
7.75%, 06/15/25 (a)(b) | 25,000 | 24,020 |
Artera Services LLC | ||
8.50%, 02/15/31 (a)(b) | 50,000 | 51,112 |
Brand Industrial Services, Inc. | ||
10.38%, 08/01/30 (a)(b) | 150,000 | 159,701 |
Brundage-Bone Concrete Pumping Holdings, Inc. | ||
6.00%, 02/01/26 (a)(b) | 75,000 | 74,075 |
Dycom Industries, Inc. | ||
4.50%, 04/15/29 (a)(b) | 100,000 | 92,135 |
Fluor Corp. | ||
4.25%, 09/15/28 (a) | 90,000 | 85,169 |
Global Infrastructure Solutions, Inc. | ||
7.50%, 04/15/32 (a)(b) | 52,000 | 49,981 |
Grand Canyon University | ||
4.13%, 10/01/24 | 105,000 | 102,018 |
Great Lakes Dredge & Dock Corp. | ||
5.25%, 06/01/29 (a)(b) | 60,000 | 52,483 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Hillenbrand, Inc. | ||
5.00%, 09/15/26 (a) | 50,000 | 48,965 |
3.75%, 03/01/31 (a) | 10,000 | 8,536 |
Installed Building Products, Inc. | ||
5.75%, 02/01/28 (a)(b) | 40,000 | 39,352 |
KBR, Inc. | ||
4.75%, 09/30/28 (a)(b) | 25,000 | 23,052 |
Pike Corp. | ||
5.50%, 09/01/28 (a)(b) | 50,000 | 47,486 |
8.63%, 01/31/31 (a)(b) | 50,000 | 52,865 |
Steelcase, Inc. | ||
5.13%, 01/18/29 (a) | 35,000 | 32,991 |
TopBuild Corp. | ||
4.13%, 02/15/32 (a)(b) | 90,000 | 78,928 |
Vericast Corp. | ||
11.00%, 09/15/26 (a)(b) | 180,000 | 189,490 |
12.50%, 12/15/27 (a)(b) | 25,000 | 28,375 |
Williams Scotsman, Inc. | ||
4.63%, 08/15/28 (a)(b) | 100,000 | 94,005 |
1,773,756 | ||
Technology 7.3% | ||
ACI Worldwide, Inc. | ||
5.75%, 08/15/26 (a)(b) | 40,000 | 39,304 |
Alteryx, Inc. | ||
8.75%, 03/15/28 (a)(b) | 50,000 | 50,745 |
Amkor Technology, Inc. | ||
6.63%, 09/15/27 (a)(b) | 85,000 | 85,526 |
ams-OSRAM AG | ||
12.25%, 03/30/29 (a)(b) | 150,000 | 152,344 |
AthenaHealth Group, Inc. | ||
6.50%, 02/15/30 (a)(b) | 250,000 | 224,065 |
Block, Inc. | ||
2.75%, 06/01/26 (a) | 75,000 | 70,045 |
3.50%, 06/01/31 (a) | 90,000 | 76,861 |
Boxer Parent Co., Inc. | ||
7.13%, 10/02/25 (a)(b) | 60,000 | 60,101 |
Camelot Finance SA | ||
4.50%, 11/01/26 (a)(b) | 40,000 | 38,251 |
Capstone Borrower, Inc. | ||
8.00%, 06/15/30 (a)(b) | 35,000 | 36,208 |
Castle U.S. Holding Corp. | ||
9.50%, 02/15/28 (a)(b) | 23,000 | 11,497 |
Central Parent LLC/CDK Global II LLC/CDK Financing Co., Inc. | ||
8.00%, 06/15/29 (a)(b) | 55,000 | 56,422 |
Central Parent, Inc./CDK Global, Inc. | ||
7.25%, 06/15/29 (a)(b) | 85,000 | 85,660 |
Clarivate Science Holdings Corp. | ||
3.88%, 07/01/28 (a)(b) | 50,000 | 45,694 |
4.88%, 07/01/29 (a)(b) | 83,000 | 75,374 |
Cloud Software Group, Inc. | ||
6.50%, 03/31/29 (a)(b) | 335,000 | 312,181 |
9.00%, 09/30/29 (a)(b) | 385,000 | 359,782 |
Coherent Corp. | ||
5.00%, 12/15/29 (a)(b) | 92,000 | 85,877 |
CommScope Technologies LLC | ||
6.00%, 06/15/25 (a)(b) | 190,000 | 155,036 |
5.00%, 03/15/27 (a)(b) | 25,000 | 8,974 |
CommScope, Inc. | ||
6.00%, 03/01/26 (a)(b) | 120,000 | 108,143 |
8.25%, 03/01/27 (a)(b) | 25,000 | 10,973 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
7.13%, 07/01/28 (a)(b) | 25,000 | 10,026 |
4.75%, 09/01/29 (a)(b) | 170,000 | 116,624 |
Conduent Business Services LLC/Conduent State & Local Solutions, Inc. | ||
6.00%, 11/01/29 (a)(b) | 45,000 | 41,338 |
Consensus Cloud Solutions, Inc. | ||
6.50%, 10/15/28 (a)(b) | 60,000 | 53,433 |
CoreLogic, Inc. | ||
4.50%, 05/01/28 (a)(b) | 65,000 | 57,635 |
Crane NXT Co. | ||
4.20%, 03/15/48 (a) | 50,000 | 36,216 |
Crowdstrike Holdings, Inc. | ||
3.00%, 02/15/29 (a) | 50,000 | 44,167 |
Dun & Bradstreet Corp. | ||
5.00%, 12/15/29 (a)(b) | 90,000 | 82,885 |
Elastic NV | ||
4.13%, 07/15/29 (a)(b) | 100,000 | 89,904 |
Entegris, Inc. | ||
4.38%, 04/15/28 (a)(b) | 90,000 | 84,185 |
4.75%, 04/15/29 (a)(b) | 125,000 | 117,988 |
3.63%, 05/01/29 (a)(b) | 40,000 | 35,437 |
5.95%, 06/15/30 (a)(b) | 70,000 | 68,690 |
Everi Holdings, Inc. | ||
5.00%, 07/15/29 (a)(b) | 35,000 | 34,726 |
Fair Isaac Corp. | ||
4.00%, 06/15/28 (a)(b) | 115,000 | 106,942 |
Gen Digital, Inc. | ||
5.00%, 04/15/25 (a)(b) | 118,000 | 116,933 |
6.75%, 09/30/27 (a)(b) | 130,000 | 130,786 |
GoTo Group, Inc. | ||
5.50%, 05/01/28 (a)(b) | 61,600 | 43,605 |
GTCR W-2 Merger Sub LLC | ||
7.50%, 01/15/31 (a)(b) | 200,000 | 208,764 |
HealthEquity, Inc. | ||
4.50%, 10/01/29 (a)(b) | 65,000 | 59,824 |
Imola Merger Corp. | ||
4.75%, 05/15/29 (a)(b) | 205,000 | 190,147 |
Iron Mountain Information Management Services, Inc. | ||
5.00%, 07/15/32 (a)(b) | 145,000 | 129,796 |
Iron Mountain, Inc. | ||
4.88%, 09/15/27 (a)(b) | 110,000 | 105,619 |
7.00%, 02/15/29 (a)(b) | 140,000 | 142,249 |
5.25%, 07/15/30 (a)(b) | 190,000 | 177,971 |
5.63%, 07/15/32 (a)(b) | 115,000 | 107,012 |
Likewize Corp. | ||
9.75%, 10/15/25 (a)(b) | 75,000 | 76,373 |
McAfee Corp. | ||
7.38%, 02/15/30 (a)(b) | 155,000 | 136,981 |
Mobius Merger Sub, Inc. | ||
9.00%, 06/01/30 (a)(b) | 50,000 | 49,039 |
NCR Atleos Corp. | ||
9.50%, 04/01/29 (a)(b) | 115,000 | 121,756 |
NCR Voyix Corp. | ||
5.13%, 04/15/29 (a)(b) | 155,000 | 143,908 |
5.25%, 10/01/30 (a)(b) | 80,000 | 72,358 |
Neptune Bidco U.S., Inc. | ||
9.29%, 04/15/29 (a)(b) | 235,000 | 221,387 |
Newfold Digital Holdings Group, Inc. | ||
11.75%, 10/15/28 (a)(b) | 65,000 | 70,656 |
6.00%, 02/15/29 (a)(b) | 25,000 | 19,599 |
ON Semiconductor Corp. | ||
3.88%, 09/01/28 (a)(b) | 50,000 | 45,769 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Open Text Corp. | ||
3.88%, 02/15/28 (a)(b) | 80,000 | 73,592 |
3.88%, 12/01/29 (a)(b) | 60,000 | 53,085 |
Open Text Holdings, Inc. | ||
4.13%, 02/15/30 (a)(b) | 185,000 | 163,534 |
Paysafe Finance PLC/Paysafe Holdings U.S. Corp. | ||
4.00%, 06/15/29 (a)(b) | 45,000 | 40,341 |
Pitney Bowes, Inc. | ||
6.88%, 03/15/27 (a)(b) | 85,000 | 76,378 |
Presidio Holdings, Inc. | ||
4.88%, 02/01/27 (a)(b) | 100,000 | 96,197 |
8.25%, 02/01/28 (a)(b) | 50,000 | 49,342 |
PTC, Inc. | ||
4.00%, 02/15/28 (a)(b) | 55,000 | 51,369 |
Rackspace Technology Global, Inc. | ||
3.50%, 02/15/28 (a)(b) | 44,000 | 17,768 |
5.38%, 12/01/28 (a)(b) | 25,000 | 7,309 |
RingCentral, Inc. | ||
8.50%, 08/15/30 (a)(b) | 35,000 | 36,214 |
Rocket Software, Inc. | ||
6.50%, 02/15/29 (a)(b) | 50,000 | 42,375 |
Sabre GLBL, Inc. | ||
8.63%, 06/01/27 (a)(b) | 77,000 | 67,872 |
11.25%, 12/15/27 (a)(b) | 45,000 | 42,328 |
Science Applications International Corp. | ||
4.88%, 04/01/28 (a)(b) | 50,000 | 47,395 |
Seagate HDD Cayman | ||
8.25%, 12/15/29 (a)(b) | 100,000 | 107,235 |
4.13%, 01/15/31 (a) | 115,000 | 101,116 |
9.63%, 12/01/32 (a)(b) | 115,000 | 130,065 |
Sensata Technologies BV | ||
5.00%, 10/01/25 (b) | 70,000 | 69,409 |
4.00%, 04/15/29 (a)(b) | 120,000 | 108,944 |
Sensata Technologies, Inc. | ||
3.75%, 02/15/31 (a)(b) | 135,000 | 115,568 |
Shift4 Payments LLC/Shift4 Payments Finance Sub, Inc. | ||
4.63%, 11/01/26 (a)(b) | 100,000 | 96,046 |
SS&C Technologies, Inc. | ||
5.50%, 09/30/27 (a)(b) | 195,000 | 190,075 |
Synaptics, Inc. | ||
4.00%, 06/15/29 (a)(b) | 35,000 | 31,387 |
TTM Technologies, Inc. | ||
4.00%, 03/01/29 (a)(b) | 35,000 | 31,199 |
Twilio, Inc. | ||
3.88%, 03/15/31 (a) | 105,000 | 91,455 |
UKG, Inc. | ||
6.88%, 02/01/31 (a)(b) | 200,000 | 202,223 |
Unisys Corp. | ||
6.88%, 11/01/27 (a)(b) | 42,000 | 37,787 |
Veritas U.S., Inc./Veritas Bermuda Ltd. | ||
7.50%, 09/01/25 (a)(b) | 140,000 | 128,551 |
Verscend Escrow Corp. | ||
9.75%, 08/15/26 (a)(b) | 100,000 | 100,255 |
Viavi Solutions, Inc. | ||
3.75%, 10/01/29 (a)(b) | 30,000 | 26,119 |
West Technology Group LLC | ||
8.50%, 04/10/27 (a)(b) | 40,000 | 34,750 |
Western Digital Corp. | ||
4.75%, 02/15/26 (a) | 225,000 | 220,114 |
Xerox Corp. | ||
4.80%, 03/01/35 | 25,000 | 18,995 |
6.75%, 12/15/39 | 55,000 | 47,095 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Xerox Holdings Corp. | ||
5.00%, 08/15/25 (a)(b) | 100,000 | 98,445 |
Ziff Davis, Inc. | ||
4.63%, 10/15/30 (a)(b) | 50,000 | 44,883 |
ZoomInfo Technologies LLC/ZoomInfo Finance Corp. | ||
3.88%, 02/01/29 (a)(b) | 60,000 | 53,806 |
8,450,412 | ||
Transportation 2.3% | ||
Air Canada | ||
3.88%, 08/15/26 (a)(b) | 70,000 | 66,376 |
Allegiant Travel Co. | ||
7.25%, 08/15/27 (a)(b) | 85,000 | 82,845 |
American Airlines Group, Inc. | ||
3.75%, 03/01/25 (b) | 70,000 | 68,448 |
American Airlines, Inc. | ||
7.25%, 02/15/28 (a)(b) | 65,000 | 65,600 |
8.50%, 05/15/29 (a)(b) | 200,000 | 210,377 |
American Airlines, Inc./AAdvantage Loyalty IP Ltd. | ||
5.50%, 04/20/26 (b) | 228,750 | 226,893 |
5.75%, 04/20/29 (b) | 225,000 | 220,248 |
Avis Budget Car Rental LLC/Avis Budget Finance, Inc. | ||
5.75%, 07/15/27 (a)(b) | 25,000 | 23,846 |
4.75%, 04/01/28 (a)(b) | 85,000 | 77,103 |
5.38%, 03/01/29 (a)(b) | 25,000 | 22,789 |
8.00%, 02/15/31 (a)(b) | 45,000 | 43,496 |
Cargo Aircraft Management, Inc. | ||
4.75%, 02/01/28 (a)(b) | 100,000 | 88,567 |
Delta Air Lines, Inc. | ||
7.38%, 01/15/26 (a) | 40,000 | 41,293 |
3.75%, 10/28/29 (a) | 100,000 | 91,008 |
First Student Bidco, Inc./First Transit Parent, Inc. | ||
4.00%, 07/31/29 (a)(b) | 60,000 | 52,283 |
GN Bondco LLC | ||
9.50%, 10/15/31 (a)(b) | 64,000 | 63,467 |
Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd. | ||
5.75%, 01/20/26 (a)(b) | 115,000 | 108,674 |
Hertz Corp. | ||
4.63%, 12/01/26 (a)(b) | 25,000 | 22,156 |
5.00%, 12/01/29 (a)(b) | 125,000 | 95,902 |
Rand Parent LLC | ||
8.50%, 02/15/30 (a)(b) | 100,000 | 97,257 |
RXO, Inc. | ||
7.50%, 11/15/27 (a)(b) | 50,000 | 51,678 |
Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd. | ||
8.00%, 09/20/25 (a)(b) | 100,000 | 72,413 |
Stena International SA | ||
7.25%, 01/15/31 (a)(b) | 200,000 | 199,038 |
United Airlines, Inc. | ||
4.38%, 04/15/26 (a)(b) | 140,000 | 134,896 |
4.63%, 04/15/29 (a)(b) | 200,000 | 184,677 |
VistaJet Malta Finance PLC/Vista Management Holding, Inc. | ||
7.88%, 05/01/27 (a)(b) | 62,000 | 52,577 |
9.50%, 06/01/28 (a)(b) | 90,000 | 75,958 |
Watco Cos. LLC/Watco Finance Corp. | ||
6.50%, 06/15/27 (a)(b) | 25,000 | 24,328 |
XPO CNW, Inc. | ||
6.70%, 05/01/34 | 25,000 | 25,897 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
XPO, Inc. | ||
7.13%, 06/01/31 (a)(b) | 35,000 | 35,784 |
7.13%, 02/01/32 (a)(b) | 100,000 | 101,749 |
2,727,623 | ||
97,646,645 | ||
Utility 3.3% | ||
Electric 3.3% | ||
Algonquin Power & Utilities Corp. | ||
4.75%, 01/18/82 (a)(c) | 80,000 | 69,309 |
Atlantica Sustainable Infrastructure PLC | ||
4.13%, 06/15/28 (a)(b) | 200,000 | 182,914 |
Calpine Corp. | ||
4.50%, 02/15/28 (a)(b) | 155,000 | 146,153 |
5.13%, 03/15/28 (a)(b) | 185,000 | 176,105 |
4.63%, 02/01/29 (a)(b) | 65,000 | 59,889 |
5.00%, 02/01/31 (a)(b) | 83,000 | 74,290 |
3.75%, 03/01/31 (a)(b) | 75,000 | 64,366 |
Clearway Energy Operating LLC | ||
3.75%, 02/15/31 (a)(b) | 180,000 | 151,984 |
DPL, Inc. | ||
4.13%, 07/01/25 (a) | 56,000 | 54,515 |
Edison International | ||
8.13%, 06/15/53 (a)(c) | 45,000 | 46,296 |
Electricite de France SA | ||
9.13%, 03/15/33 (b)(i) | 200,000 | 222,412 |
Emera, Inc. | ||
6.75%, 06/15/76 (a)(c) | 115,000 | 113,119 |
FirstEnergy Corp. | ||
4.15%, 07/15/27 (a)(f) | 155,000 | 147,376 |
2.65%, 03/01/30 (a) | 130,000 | 111,264 |
7.38%, 11/15/31 | 45,000 | 52,279 |
5.10%, 07/15/47 (a) | 105,000 | 90,578 |
Leeward Renewable Energy Operations LLC | ||
4.25%, 07/01/29 (a)(b) | 55,000 | 47,425 |
NextEra Energy Operating Partners LP | ||
3.88%, 10/15/26 (a)(b) | 80,000 | 74,792 |
4.50%, 09/15/27 (a)(b) | 85,000 | 79,396 |
7.25%, 01/15/29 (a)(b) | 60,000 | 61,040 |
NOVA Chemicals Corp. | ||
5.00%, 05/01/25 (a)(b) | 87,000 | 85,066 |
5.25%, 06/01/27 (a)(b) | 82,000 | 76,077 |
4.25%, 05/15/29 (a)(b) | 125,000 | 103,552 |
9.00%, 02/15/30 (a)(b) | 25,000 | 25,111 |
NRG Energy, Inc. | ||
5.25%, 06/15/29 (a)(b) | 40,000 | 37,949 |
3.88%, 02/15/32 (a)(b) | 210,000 | 175,690 |
Pattern Energy Operations LP/Pattern Energy Operations, Inc. | ||
4.50%, 08/15/28 (a)(b) | 70,000 | 64,286 |
PG&E Corp. | ||
5.25%, 07/01/30 (a) | 110,000 | 103,520 |
Sunnova Energy Corp. | ||
5.88%, 09/01/26 (a)(b) | 65,000 | 52,905 |
11.75%, 10/01/28 (a)(b) | 35,000 | 29,489 |
SECURITY RATE, MATURITY DATE | FACE AMOUNT ($) | VALUE ($) |
Talen Energy Supply LLC | ||
8.63%, 06/01/30 (a)(b) | 125,000 | 131,993 |
Terraform Global Operating LP | ||
6.13%, 03/01/26 (a)(b) | 45,000 | 44,380 |
TerraForm Power Operating LLC | ||
5.00%, 01/31/28 (a)(b) | 50,000 | 47,302 |
4.75%, 01/15/30 (a)(b) | 105,000 | 95,064 |
Topaz Solar Farms LLC | ||
5.75%, 09/30/39 (b) | 47,994 | 47,841 |
TransAlta Corp. | ||
6.50%, 03/15/40 | 50,000 | 49,611 |
Vistra Operations Co. LLC | ||
5.63%, 02/15/27 (a)(b) | 200,000 | 195,106 |
5.00%, 07/31/27 (a)(b) | 190,000 | 182,330 |
4.38%, 05/01/29 (a)(b) | 125,000 | 114,157 |
7.75%, 10/15/31 (a)(b) | 110,000 | 113,878 |
3,800,809 | ||
Total Corporates (Cost $112,656,904) | 114,042,951 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
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% (j) | 1,429,594 | 1,429,594 |
Total Short-Term Investments (Cost $1,429,594) | 1,429,594 | |
Total Investments in Securities (Cost $114,086,498) | 115,472,545 |
(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 $93,370,977 or 80.0% 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) | Subsequent to the end of the reporting period, the issuer filed for bankruptcy. |
(e) | The security is in default and not making full payments of interest when due. |
(f) | 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. |
(g) | Security or a portion of the security purchased on a delayed-delivery or when-issued basis. |
(h) | During the reporting period, the issuer filed for bankruptcy. |
(i) | Perpetual security has no stated maturity date. Maturity date represents next call date. |
(j) | 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 | $— | $114,042,951 | $— | $114,042,951 |
Short-Term Investments1 | 1,429,594 | — | — | 1,429,594 |
Total | $1,429,594 | $114,042,951 | $— | $115,472,545 |
1 | As categorized in the Portfolio Holdings. |
Assets | ||
Investments in securities, at value - unaffiliated (cost $114,086,498) | $115,472,545 | |
Cash | 146,454 | |
Receivables: | ||
Interest | 1,905,487 | |
Investments sold | 1,064,938 | |
Dividends | + | 4,053 |
Total assets | 118,593,477 | |
Liabilities | ||
Payables: | ||
Investments bought | 1,725,440 | |
Investments bought - delayed-delivery | 200,330 | |
Management fees | + | 2,610 |
Total liabilities | 1,928,380 | |
Net assets | $116,665,097 | |
Net Assets by Source | ||
Capital received from investors | $114,355,173 | |
Total distributable earnings | + | 2,309,924 |
Net assets | $116,665,097 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$116,665,097 | 2,250,000 | $51.85 | ||
For the period September 1, 2023 through February 29, 2024; unaudited | ||
Investment Income | ||
Interest received from securities - unaffiliated | $2,981,936 | |
Dividends received from securities - unaffiliated | + | 17,194 |
Total investment income | 2,999,130 | |
Expenses | ||
Management fees | 13,232 | |
Total expenses | – | 13,232 |
Net investment income | 2,985,898 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized gains on sales of securities - unaffiliated | 93,111 | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | + | 1,203,561 |
Net realized and unrealized gains | 1,296,672 | |
Increase in net assets resulting from operations | $4,282,570 |
OPERATIONS | |||
9/1/23-2/29/24 | 7/11/23*-8/31/23 | ||
Net investment income | $2,985,898 | $463,067 | |
Net realized gains (losses) | 93,111 | (16,014 ) | |
Net change in unrealized appreciation (depreciation) | + | 1,203,561 | 182,486 |
Increase in net assets resulting from operations | $4,282,570 | $629,539 | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($2,602,185 ) | $— |
TRANSACTIONS IN FUND SHARES | |||||
9/1/23-2/29/24 | 7/11/23*-8/31/23 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 1,350,000 | $69,066,959 | 900,000 | $45,288,214 | |
Net transactions in fund shares | 1,350,000 | $69,066,959 | 900,000 | $45,288,214 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
9/1/23-2/29/24 | 7/11/23*-8/31/23 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 900,000 | $45,917,753 | — | $— | |
Total increase | + | 1,350,000 | 70,747,344 | 900,000 | 45,917,753 |
End of period | 2,250,000 | $116,665,097 | 900,000 | $45,917,753 |
* | Commencement of operations. |
SCHWAB STRATEGIC TRUST | |
Schwab High Yield Bond ETF | Schwab U.S. TIPS ETF |
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 Municipal Bond 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:
6. Board of Trustees:
7. Borrowing from Banks:
8. Purchases and Sales/Maturities of Investment Securities:
PURCHASES OF SECURITIES | SALES/MATURITIES OF SECURITIES |
$8,197,954 | $7,511,185 |
9. In-Kind Transactions:
IN-KIND PURCHASES OF SECURITIES | IN-KIND SALES OF SECURITIES |
$67,485,203 | $— |
10. Federal Income Taxes:
TAX COST | GROSS UNREALIZED APPRECIATION | GROSS UNREALIZED DEPRECIATION | NET UNREALIZED APPRECIATION (DEPRECIATION) | |
$114,086,498 | $2,135,181 | ($749,134 ) | $1,386,047 | |
accordingly, tax basis balances have not been determined as of February 29, 2024. There were no distributions paid during the period ended August 31, 2023.
11. Subsequent Events:
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.; Co-Chairman of the Board (July 2022 – present) and Director (Apr. 2006 – present), Charles Schwab Bank, SSB; Co-Chairman of the Board (July 2022 – present) and Director (Nov. 2017 – present), Charles Schwab Premier Bank, SSB; Co-Chairman of the Board (July 2022 – present) and 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.; Manager (Sept. 2023 – present), TD Ameritrade Holding LLC; Director (Oct. 2020 – Aug. 2023), 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, 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) | Chief Executive Officer (Jan. 2022 – present), President (Oct. 2023 – present), (Chief Investment Officer (Apr. 2011 – present) and Senior Vice President (Apr. 2011 – Jan. 2022), 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), President (Oct. 2023 – present), Chief Investment Officer (June 2011 – present) and Vice President (June 2011 – Sept. 2023), Schwab Funds, Laudus Trust and Schwab ETFs. |
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; Chief Financial Officer (Mar. 2020 – present), Chief Operating Officer (Oct. 2023 – present), Managing Director (Mar. 2023 – present) and Vice President (Oct. 2013 – Mar. 2023), Charles Schwab Investment Management, Inc. |
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.; Managing Director (May 2022 – present) and Vice President (Apr. 2022 – May 2022), Charles Schwab & Co., Inc. |
Patrick Cassidy 1964 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 2018) | Chief Investment Officer (Oct. 2023 – present) and Vice President (Feb. 2018 – present), Schwab Funds, Laudus Trust and Schwab ETFs; Managing Director (Mar. 2023 – present), Chief Investment Officer (Oct. 2023 – present), and Senior Vice President (Oct. 2012 – Mar. 2023), Charles Schwab Investment Management, Inc. |
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), Senior Vice President (Jan. 2020 – Mar. 2023) and Chief Investment Officer (Jan. 2020 – present) 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) | Chief Legal Officer (Mar. 2022 – present), Managing Director (Mar. 2023 – present) and Vice President (Sept. 2005 – Mar. 2023), Charles Schwab Investment Management, Inc.; Managing Director (May 2022 – present) and Vice President (Aug. 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. |
Index ETF
Printed on recycled paper.
Item 2: Code of Ethics.
Not applicable to this semi-annual report.
Item 3: Audit Committee Financial Expert.
Not applicable to this semi-annual report.
Item 4: Principal Accountant Fees and Services.
Not applicable to this semi-annual report.
Item 5: Audit Committee of Listed Registrants.
Not applicable to this semi-annual report.
Item 6: Schedule of Investments.
The schedules of investments are included as part of the report to shareholders filed under Item 1 of this Form.
Item 7: Financial Statements and Financial Highlights for Open-End Management Investment Companies.
The financial statements and financial highlights are included as part of the report to shareholders filed under Item 1 of this Form.
Item 8: Changes in and Disagreements with Accountants for Open-End Management Investment Companies.
Not applicable.
Item 9: Proxy Disclosures for Open-End Management Investment Companies.
Not applicable.
Item 10: Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.
The remuneration paid to directors, officers and others are included as part of the report to shareholders filed under Item 1 of this Form.
Item 11: Statement Regarding Basis for Approval of Investment Advisory Contract.
Not applicable.
Item 12: Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable.
Item 13: Portfolio Managers of Closed-End Management Investment Companies.
Not applicable.
Item 14: Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable.
Item 15: Submission of Matters to a Vote of Security Holders.
Not applicable.
Item 16: 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 Principal Executive Officer, Omar Aguilar and Registrant’s Principal 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 17: Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
Not applicable.
Item 18: Recovery of Erroneously Awarded Compensation.
(a) Not applicable.
(b) Not applicable.
Item 19: Exhibits.
(a) | (1) | Code of ethics – not applicable to this semi-annual report. | ||
(2) | Not applicable. | |||
(3) | Separate certifications for Registrant’s principal executive officer and principal financial officer, as required by Rule 30a-2(a) under the Investment Company Act of 1940, as amended (the “1940 Act”), are attached. |
(b) |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the 1940 Act, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) Schwab Strategic Trust – Schwab U.S. Equity ETFs, Schwab International Equity ETFs and Schwab High Yield Bond ETF
By: | /s/ Omar Aguilar | |
Omar Aguilar Principal Executive Officer | ||
Date: | April 16, 2024 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the 1940 Act, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: | /s/ Omar Aguilar | |
Omar Aguilar Principal Executive Officer | ||
Date: | April 16, 2024 |
By: | /s/ Dana Smith | |
Dana Smith Principal Financial Officer | ||
Date: | April 16, 2024 |