Russell Investments 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

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Report for the Calendar Year or Quarter Ended: 03-31-2020

Check here if Amendment	Amendment Number:
This Amendment (Check only one.):	is a restatement.
	adds new holdings entries.

Institutional Investment Manager Filing this Report:
Name:	Russell Investments Group, Ltd.
Address:	1301 Second Avenue
	18th Floor
	Seattle, WA  98101
Form 13F File Number:	028-17598

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name:	Mark E. Swanson
Title:	Global Head of Fund Services
Phone:	206-505-2086
Signature, Place, and Date of Signing:
/s/ Mark E. Swanson		Seattle,  WA	05-06-2020
[Signature]		[City, State]	[Date]

Report Type (Check only one.):
X	13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
��	13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
	13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

Form 13F Summary Page
	Report Summary:
	Number of Other Included Managers:	53
	Form 13F Information Table Entry Total:	12,606
	Form 13F Information Table Value Total:	38,596,456
		(thousands)

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
	No.	Form 13F File Number	Name
	1	028-06538	AEW Capital Management, L.P.
	2	028-05990	Acadian Asset Management LLC
	3	028-05049	Advent Capital Management, LLC
	4	028-10005	Arrowstreet Capital, Limited Partnership
	5	028-06437	Atlantic Investment Management, Inc.
	6	028-05615	Axiom International Investors LLC
	7	028-04825	Baillie Gifford & Co
	8	028-00060	Barings LLC
	9	028-01006	Barrow, Hanley, Mewhinney & Strauss, LLC
	10	028-15566	BlackRock Asset Management North Asia Limited
	11	028-12524	BlueBay Asset Management LLP
	12	028-12484	Boston Partners Global Investors, Inc.
	13	028-02204	Brandywine Global Investment Management, LLC
	14	028-11166	Calamos Advisors LLC
	15	028-07760	Cardinal Capital Management, LLC
	16	028-12126	ClariVest Asset Management LLC
	17	028-02405	Cohen & Steers Capital Management, Inc.
	18	028-05268	DePrince, Race & Zollo, Inc.
	19	028-14036	Fiera Capital Corporation
	20	028-17876	GQG Partners LLC
	21	028-17007	Hosking Partners LLP
	22	028-13410	IMPAX ASSET MANAGEMENT LIMITED
	23	028-04211	Intech Investment Management LLC
	24	028-17109	Intermede Investment Partners Limited
	25	028-12634	Investec Asset Management Limited
	26	028-16230	Jackson Square Partners, LLC
	27	028-03059	Jacobs Levy Equity Management, Inc.
	28	028-18251	Janus Capital International Limited
	29	028-14858	Keywise Capital Management (HK) Limited
	30	028-15794	Kopernik Global Investors LLC
	31	028-19504	Levin Easterly Partners LLC
	32	028-17488	Maple-Brown Abbott Limited
	33	028-13243	Mar Vista Investment Partners, LLC
	34	028-03719	McKinley Capital Management, LLC
	35	028-04383	Merian Global Investors (UK) Limited
	36	028-11866	Morgan Stanley Investment Management Inc.
	37	028-11867	Morgan Stanley Investment Management Limited
	38	028-11946	Numeric Investors LLC
	39	028-14498	Nuveen Asset Management, LLC
	40	028-05050	Oaktree Capital Management, L.P.
	41	028-15017	Old Mutual Customised Solutions
	42	028-10527	Perkins Investment Management, LLC
	43	028-11073	Polaris Capital Management, LLC
	44	028-03791	Pzena Investment Management, LLC
	45	028-04760	RREEF America L.L.C.
	46	028-19400	RWC Asset Advisors (US) LLC
	47	028-16205	Resolution Capital Limited
	48	028-16203	RiverPark Capital Management LLC
	49	028-01096	Russell Investments Trust Company
	50	028-14100	Sanders Capital, LLC
	51	028-16279	Somerset Capital Management LLP
	52	028-04557	Wellington Management Company LLP
	53	028-06426	Westwood Management Corp.