| Common Stocks - 99.6% |
| | | Shares | Value ($) |
| COMMUNICATION SERVICES - 14.3% | | | |
| Diversified Telecommunication Services - 0.1% | | | |
| Cogent Communications Group, Inc. (a) | | 13,578 | 1,098,596 |
| Consolidated Communications Holdings, Inc. (b) | | 88,670 | 382,168 |
| GCI Liberty, Inc. Class A (Escrow) (c) | | 18,738 | 0 |
| Iridium Communications, Inc. (a) | | 33,218 | 961,661 |
| Liberty Global Ltd.: | | | |
| Class A | | 48,979 | 857,133 |
| Class C (a) | | 63,648 | 1,180,670 |
| Liberty Latin America Ltd. Class C (b) | | 101,166 | 659,602 |
| Nextplat Corp. (a)(b) | | 29,112 | 41,630 |
| Shenandoah Telecommunications Co. | | 10,782 | 201,192 |
| | | | 5,382,652 |
| Entertainment - 1.6% | | | |
| Atlanta Braves Holdings, Inc. | | 17,008 | 665,353 |
| Bilibili, Inc. ADR (a)(b) | | 28,977 | 280,497 |
| Electronic Arts, Inc. | | 59,588 | 8,311,334 |
| Grom Social Enterprises, Inc. (a)(b) | | 95,567 | 75,211 |
| iQIYI, Inc. ADR (b) | | 120,544 | 444,807 |
| Liberty Media Corp. Liberty Formula One: | | | |
| Class A | | 8,556 | 560,846 |
| Class C | | 49,944 | 3,633,925 |
| Liberty Media Corp. Liberty Live: | | | |
| Class C | | 15,395 | 613,029 |
| Series A | | 6,800 | 262,412 |
| NetEase, Inc. ADR | | 30,226 | 3,261,990 |
| Netflix, Inc. (b) | | 100,888 | 60,827,393 |
| Playtika Holding Corp. (a) | | 21,121 | 156,507 |
| Roku, Inc. Class A (a)(b) | | 28,768 | 1,817,562 |
| Take-Two Interactive Software, Inc. (b) | | 37,410 | 5,496,651 |
| Warner Bros Discovery, Inc. (b) | | 551,292 | 4,845,857 |
| Warner Music Group Corp. Class A | | 37,405 | 1,306,557 |
| | | | 92,559,931 |
| Interactive Media & Services - 10.6% | | | |
| Alphabet, Inc.: | | | |
| Class A (b) | | 1,352,479 | 187,264,242 |
| Class C (b) | | 1,308,146 | 182,852,648 |
| Baidu, Inc. sponsored ADR (b) | | 33,135 | 3,357,570 |
| CarGurus, Inc. Class A (b) | | 17,893 | 396,151 |
| FaZe Holdings, Inc. Class A (a)(b) | | 383,852 | 72,893 |
| Hello Group, Inc. ADR | | 55,648 | 366,720 |
| IAC, Inc. (a)(b) | | 13,959 | 792,871 |
| JOYY, Inc. ADR | | 10,110 | 318,465 |
| Kanzhun Ltd. ADR | | 71,261 | 1,115,235 |
| Match Group, Inc. (b) | | 63,455 | 2,286,918 |
| Meta Platforms, Inc. Class A | | 507,182 | 248,585,114 |
| MoneyHero Ltd. (a) | | 41,946 | 90,603 |
| QuinStreet, Inc. (b) | | 36,961 | 540,739 |
| Taboola.com Ltd. (b) | | 128,893 | 561,973 |
| Vimeo, Inc. (b) | | 117,324 | 561,982 |
| Weibo Corp. sponsored ADR (a) | | 25,307 | 230,800 |
| Yandex NV Series A (a)(b)(c) | | 4,600 | 49,496 |
| Ziff Davis, Inc. (b) | | 11,929 | 820,238 |
| Zoominfo Technologies, Inc. (a)(b) | | 97,827 | 1,639,581 |
| | | | 631,904,239 |
| Media - 1.3% | | | |
| Advantage Solutions, Inc. Class A (b) | | 152,840 | 582,320 |
| Charter Communications, Inc. Class A (b) | | 34,643 | 10,182,617 |
| Comcast Corp. Class A | | 919,558 | 39,403,060 |
| comScore, Inc. (a)(b) | | 10,675 | 210,618 |
| Criteo SA sponsored ADR (b) | | 15,379 | 497,511 |
| E.W. Scripps Co. Class A (b) | | 44,277 | 178,436 |
| Fox Corp.: | | | |
| Class A | | 65,151 | 1,940,848 |
| Class B | | 60,411 | 1,654,053 |
| Integral Ad Science Holding Corp. (b) | | 48,571 | 503,196 |
| Liberty Broadband Corp.: | | | |
| Class A (b) | | 5,878 | 353,562 |
| Class C (b) | | 30,462 | 1,833,203 |
| Liberty Media Corp. Liberty SiriusXM | | 52,521 | 1,522,059 |
| Liberty Media Corp. Liberty SiriusXM Class A | | 25,430 | 741,030 |
| Magnite, Inc. (b) | | 27,565 | 331,331 |
| News Corp.: | | | |
| Class A (a) | | 94,502 | 2,540,214 |
| Class B (a) | | 51,448 | 1,440,030 |
| Nexstar Media Group, Inc. Class A | | 9,357 | 1,554,853 |
| Paramount Global Class B (a) | | 144,819 | 1,598,802 |
| Scholastic Corp. | | 11,838 | 466,891 |
| Sirius XM Holdings, Inc. (a) | | 914,975 | 4,044,190 |
| TechTarget, Inc. (b) | | 14,226 | 451,106 |
| The Trade Desk, Inc. (b) | | 97,681 | 8,344,888 |
| | | | 80,374,818 |
| Wireless Telecommunication Services - 0.7% | | | |
| Gogo, Inc. (b) | | 36,609 | 298,729 |
| Millicom International Cellular SA (a)(b) | | 47,417 | 884,327 |
| T-Mobile U.S., Inc. (a) | | 264,664 | 43,219,631 |
| VEON Ltd. sponsored ADR (b) | | 7,567 | 197,120 |
| | | | 44,599,807 |
TOTAL COMMUNICATION SERVICES | | | 854,821,447 |
| CONSUMER DISCRETIONARY - 14.3% | | | |
| Automobile Components - 0.1% | | | |
| Dorman Products, Inc. (b) | | 8,333 | 785,135 |
| Fox Factory Holding Corp. (b) | | 11,741 | 593,977 |
| Garrett Motion, Inc. (b) | | 19,813 | 190,601 |
| Gentex Corp. (a) | | 54,685 | 1,997,643 |
| Gentherm, Inc. (b) | | 10,083 | 573,319 |
| Luminar Technologies, Inc. (a)(b) | | 123,957 | 296,257 |
| Mobileye Global, Inc. (a)(b) | | 17,724 | 451,430 |
| Patrick Industries, Inc. (a) | | 9,540 | 1,144,228 |
| The Goodyear Tire & Rubber Co. (b) | | 47,205 | 560,795 |
| Visteon Corp. (b) | | 6,650 | 752,248 |
| XPEL, Inc. (b) | | 9,085 | 477,689 |
| | | | 7,823,322 |
| Automobiles - 2.6% | | | |
| Cenntro, Inc. (a) | | 87,482 | 123,350 |
| Faraday Future Intelligent Electric, Inc. (a)(b) | | 481,459 | 33,606 |
| Gogoro, Inc. (a)(b) | | 69,884 | 112,513 |
| Li Auto, Inc. ADR (b) | | 49,813 | 2,285,420 |
| Lucid Group, Inc. Class A (a)(b) | | 555,399 | 1,832,817 |
| NWTN, Inc. (a)(b) | | 75,277 | 234,111 |
| Rivian Automotive, Inc. (a)(b) | | 227,594 | 2,576,364 |
| Tesla, Inc. (b) | | 728,965 | 147,163,454 |
| VinFast Auto PTE Ltd. (a) | | 538,303 | 3,213,669 |
| | | | 157,575,304 |
| Broadline Retail - 7.8% | | | |
| Amazon.com, Inc. (b) | | 2,361,224 | 417,369,954 |
| eBay, Inc. | | 130,539 | 6,171,884 |
| Etsy, Inc. (b) | | 19,543 | 1,401,038 |
| Global-e Online Ltd. (a)(b) | | 36,793 | 1,246,179 |
| JD.com, Inc. sponsored ADR | | 112,502 | 2,544,795 |
| MercadoLibre, Inc. (b) | | 11,204 | 17,873,741 |
| Ollie's Bargain Outlet Holdings, Inc. (a)(b) | | 17,136 | 1,373,793 |
| Ozon Holdings PLC ADR (a)(b)(c) | | 22,832 | 301,382 |
| PDD Holdings, Inc. ADR (b) | | 149,810 | 18,657,337 |
| | | | 466,940,103 |
| Distributors - 0.1% | | | |
| LKQ Corp. (a) | | 64,380 | 3,366,430 |
| Pool Corp. | | 8,498 | 3,383,224 |
| | | | 6,749,654 |
| Diversified Consumer Services - 0.1% | | | |
| American Public Education, Inc. (b) | | 23,455 | 245,105 |
| Duolingo, Inc. (b) | | 8,493 | 2,029,827 |
| Grand Canyon Education, Inc. (b) | | 9,649 | 1,300,685 |
| Laureate Education, Inc. Class A | | 38,742 | 519,530 |
| Strategic Education, Inc. | | 7,062 | 782,399 |
| Udemy, Inc. (b) | | 78,170 | 883,321 |
| | | | 5,760,867 |
| Hotels, Restaurants & Leisure - 2.3% | | | |
| Airbnb, Inc. Class A (b) | | 90,634 | 14,272,136 |
| Bloomin' Brands, Inc. (a) | | 31,281 | 850,218 |
| Booking Holdings, Inc. | | 8,197 | 28,434,000 |
| Caesars Entertainment, Inc. (b) | | 46,562 | 2,024,050 |
| Churchill Downs, Inc. | | 19,096 | 2,327,230 |
| Dave & Buster's Entertainment, Inc. (b) | | 16,708 | 1,031,552 |
| Doordash, Inc. (b) | | 83,788 | 10,437,471 |
| Draftkings Holdings, Inc. (b) | | 94,656 | 4,100,498 |
| Expedia, Inc. (b) | | 33,019 | 4,517,660 |
| Golden Entertainment, Inc. | | 11,355 | 420,816 |
| H World Group Ltd. ADR | | 40,649 | 1,486,127 |
| Jack in the Box, Inc. | | 4,985 | 363,905 |
| Krispy Kreme, Inc. (a) | | 56,565 | 731,951 |
| Light & Wonder, Inc. Class A (b) | | 25,440 | 2,556,974 |
| MakeMyTrip Ltd. (a)(b) | | 21,008 | 1,295,984 |
| Marriott International, Inc. Class A | | 73,968 | 18,482,384 |
| Melco Crown Entertainment Ltd. sponsored ADR (b) | | 69,789 | 539,469 |
| Monarch Casino & Resort, Inc. (a) | | 6,656 | 468,250 |
| Papa John's International, Inc. (a) | | 8,501 | 611,137 |
| Penn Entertainment, Inc. (b) | | 38,432 | 703,306 |
| Playa Hotels & Resorts NV (b) | | 65,046 | 597,773 |
| Red Rock Resorts, Inc. (a) | | 10,016 | 580,828 |
| Sabre Corp. (b) | | 135,424 | 358,874 |
| Sportradar Holding AG (a)(b) | | 62,411 | 606,635 |
| Starbucks Corp. | | 256,056 | 24,299,714 |
| Target Hospitality Corp. (a)(b) | | 22,207 | 214,964 |
| Texas Roadhouse, Inc. Class A | | 17,935 | 2,678,951 |
| TH International Ltd. (a)(b) | | 63,239 | 80,946 |
| The Cheesecake Factory, Inc. (a) | | 14,015 | 495,851 |
| Trip.com Group Ltd. ADR (b) | | 94,362 | 4,196,278 |
| Wendy's Co. (a) | | 59,682 | 1,080,841 |
| Wingstop, Inc. | | 7,086 | 2,487,540 |
| Wynn Resorts Ltd. | | 25,288 | 2,660,298 |
| | | | 135,994,611 |
| Household Durables - 0.1% | | | |
| Cavco Industries, Inc. (b) | | 2,782 | 1,036,490 |
| Helen of Troy Ltd. (b) | | 7,130 | 891,250 |
| LGI Homes, Inc. (b) | | 8,001 | 912,834 |
| Newell Brands, Inc. | | 32,511 | 243,833 |
| Snap One Holdings Corp. (b) | | 20,550 | 170,154 |
| Sonos, Inc. (b) | | 33,070 | 627,007 |
| | | | 3,881,568 |
| Leisure Products - 0.1% | | | |
| BRP, Inc. (a) | | 6,325 | 417,007 |
| Hasbro, Inc. (a) | | 28,837 | 1,450,213 |
| Malibu Boats, Inc. Class A (b) | | 8,101 | 353,528 |
| Mattel, Inc. (b) | | 88,022 | 1,734,033 |
| Peloton Interactive, Inc. Class A (a)(b) | | 108,351 | 489,747 |
| | | | 4,444,528 |
| Specialty Retail - 0.8% | | | |
| Academy Sports & Outdoors, Inc. | | 22,854 | 1,707,651 |
| Five Below, Inc. (a)(b) | | 12,475 | 2,503,483 |
| Monro, Inc. (a) | | 9,901 | 332,377 |
| National Vision Holdings, Inc. (b) | | 110 | 2,574 |
| Newegg Commerce, Inc. (a)(b) | | 235,884 | 230,058 |
| O'Reilly Automotive, Inc. (b) | | 14,734 | 16,022,046 |
| Petco Health & Wellness Co., Inc. (a)(b) | | 86,735 | 225,511 |
| Ross Stores, Inc. | | 81,587 | 12,153,200 |
| Sleep Number Corp. (b) | | 10,634 | 175,674 |
| Stitch Fix, Inc. (b) | | 155,367 | 501,835 |
| The ODP Corp. (b) | | 17,854 | 1,008,394 |
| The RealReal, Inc. (a)(b) | | 216,309 | 382,867 |
| Tractor Supply Co. (a) | | 24,509 | 6,233,129 |
| Ulta Beauty, Inc. (b) | | 11,728 | 6,433,512 |
| Upbound Group, Inc. | | 27,746 | 936,705 |
| Urban Outfitters, Inc. (b) | | 24,859 | 1,032,891 |
| | | | 49,881,907 |
| Textiles, Apparel & Luxury Goods - 0.3% | | | |
| Columbia Sportswear Co. (a) | | 17,144 | 1,417,637 |
| Crocs, Inc. (b) | | 9,814 | 1,199,762 |
| G-III Apparel Group Ltd. (b) | | 23,633 | 786,270 |
| lululemon athletica, Inc. (b) | | 27,075 | 12,646,462 |
| Steven Madden Ltd. (a) | | 23,695 | 1,014,620 |
| | | | 17,064,751 |
TOTAL CONSUMER DISCRETIONARY | | | 856,116,615 |
| CONSUMER STAPLES - 3.9% | | | |
| Beverages - 1.5% | | | |
| Celsius Holdings, Inc. (a)(b) | | 55,944 | 4,566,149 |
| Coca-Cola Bottling Co. Consolidated | | 2,148 | 1,806,038 |
| Coca-Cola European Partners PLC | | 106,602 | 7,316,095 |
| Keurig Dr. Pepper, Inc. | | 324,239 | 9,697,988 |
| MGP Ingredients, Inc. (a) | | 6,868 | 585,016 |
| Monster Beverage Corp. | | 241,988 | 14,301,491 |
| National Beverage Corp. (a)(b) | | 24,899 | 1,310,683 |
| PepsiCo, Inc. | | 310,425 | 51,325,670 |
| | | | 90,909,130 |
| Consumer Staples Distribution & Retail - 1.6% | | | |
| Andersons, Inc. | | 11,355 | 627,704 |
| Casey's General Stores, Inc. (a) | | 9,117 | 2,776,035 |
| Chefs' Warehouse Holdings (b) | | 14,615 | 555,516 |
| Costco Wholesale Corp. | | 100,065 | 74,437,353 |
| Dollar Tree, Inc. (b) | | 51,653 | 7,576,462 |
| Grocery Outlet Holding Corp. (a)(b) | | 27,289 | 703,783 |
| Ingles Markets, Inc. Class A | | 5,475 | 421,630 |
| Maplebear, Inc. (NASDAQ) (a) | | 70,106 | 2,281,249 |
| PriceSmart, Inc. | | 8,766 | 737,571 |
| Sprouts Farmers Market LLC (a)(b) | | 28,088 | 1,753,815 |
| Walgreens Boots Alliance, Inc. | | 198,893 | 4,228,465 |
| | | | 96,099,583 |
| Food Products - 0.7% | | | |
| Beyond Meat, Inc. (a)(b) | | 31,826 | 340,220 |
| Bridgford Foods Corp. (a)(b) | | 2,838 | 29,941 |
| Cal-Maine Foods, Inc. | | 13,773 | 791,810 |
| Freshpet, Inc. (b) | | 7,283 | 823,197 |
| J&J Snack Foods Corp. | | 5,111 | 741,504 |
| Lancaster Colony Corp. | | 6,464 | 1,337,531 |
| Mission Produce, Inc. (a)(b) | | 35,975 | 379,536 |
| Mondelez International, Inc. | | 312,836 | 22,858,927 |
| Pilgrim's Pride Corp. (a)(b) | | 60,800 | 1,935,872 |
| Sovos Brands, Inc. (b) | | 31,978 | 728,779 |
| The Kraft Heinz Co. (a) | | 280,628 | 9,900,556 |
| The Simply Good Foods Co. (b) | | 27,470 | 974,636 |
| | | | 40,842,509 |
| Household Products - 0.1% | | | |
| Central Garden & Pet Co. Class A (non-vtg.) | | 17,213 | 648,758 |
| Reynolds Consumer Products, Inc. (a) | | 53,025 | 1,564,238 |
| WD-40 Co. (a) | | 3,780 | 1,014,514 |
| | | | 3,227,510 |
| Personal Care Products - 0.0% | | | |
| Inter Parfums, Inc. | | 8,801 | 1,291,283 |
| Oddity Tech Ltd. (a) | | 12,861 | 542,477 |
| The Beauty Health Co. (b) | | 61,048 | 203,290 |
| | | | 2,037,050 |
TOTAL CONSUMER STAPLES | | | 233,115,782 |
| ENERGY - 0.6% | | | |
| Energy Equipment & Services - 0.2% | | | |
| Baker Hughes Co. Class A | | 227,140 | 6,721,073 |
| Championx Corp. | | 51,710 | 1,606,113 |
| CSI Compressco LP | | 82,386 | 163,948 |
| Patterson-UTI Energy, Inc. (a) | | 95,127 | 1,100,619 |
| ProFrac Holding Corp. (a)(b) | | 45,619 | 373,163 |
| Smart Sand, Inc. (b) | | 105,584 | 213,280 |
| Weatherford International PLC (b) | | 22,349 | 2,293,231 |
| | | | 12,471,427 |
| Oil, Gas & Consumable Fuels - 0.4% | | | |
| Alliance Resource Partners LP | | 39,157 | 743,983 |
| Amplify Energy Corp. warrants 5/4/22 (b)(c) | | 322 | 0 |
| APA Corp. | | 63,456 | 1,890,354 |
| Chesapeake Energy Corp. (a) | | 30,659 | 2,537,952 |
| Chord Energy Corp. | | 9,084 | 1,475,696 |
| Clean Energy Fuels Corp. (b) | | 96,992 | 286,126 |
| Diamondback Energy, Inc. | | 41,066 | 7,495,366 |
| Golar LNG Ltd. | | 33,468 | 679,066 |
| Green Plains, Inc. (b) | | 19,508 | 415,520 |
| New Fortress Energy, Inc. (a) | | 51,655 | 1,815,673 |
| Plains All American Pipeline LP | | 171,030 | 2,808,313 |
| Plains GP Holdings LP Class A | | 55,766 | 959,175 |
| TORM PLC (a) | | 27,174 | 918,753 |
| Viper Energy, Inc. | | 23,433 | 846,869 |
| | | | 22,872,846 |
TOTAL ENERGY | | | 35,344,273 |
| FINANCIALS - 3.9% | | | |
| Banks - 1.2% | | | |
| Ameris Bancorp | | 20,200 | 935,866 |
| BancFirst Corp. | | 9,564 | 839,145 |
| Bancorp, Inc., Delaware (b) | | 20,820 | 929,405 |
| Bank of Marin Bancorp (a) | | 8,103 | 134,591 |
| Bank OZK (a) | | 30,885 | 1,352,763 |
| Banner Corp. (a) | | 11,747 | 514,988 |
| BCB Bancorp, Inc. | | 30,017 | 314,878 |
| BOK Financial Corp. (a) | | 17,644 | 1,499,916 |
| Broadway Financial Corp. (a)(b) | | 15,601 | 91,032 |
| Business First Bancshares, Inc. (a) | | 8,410 | 188,805 |
| Capitol Federal Financial, Inc. | | 44 | 255 |
| Carver Bancorp, Inc. (a)(b) | | 35,276 | 59,616 |
| Cathay General Bancorp (a) | | 21,437 | 837,115 |
| City Holding Co. (a) | | 5,536 | 556,257 |
| Columbia Banking Systems, Inc. (a) | | 56,627 | 1,024,949 |
| Columbia Financial, Inc. (a)(b) | | 40,327 | 674,671 |
| Commerce Bancshares, Inc. (a) | | 33,173 | 1,726,323 |
| CVB Financial Corp. | | 43,306 | 737,068 |
| Dime Community Bancshares, Inc. | | 17,069 | 319,873 |
| East West Bancorp, Inc. | | 31,018 | 2,259,971 |
| Eastern Bankshares, Inc. (a) | | 52,919 | 683,713 |
| Enterprise Bancorp, Inc. | | 10,269 | 278,290 |
| Enterprise Financial Services Corp. | | 13,232 | 528,221 |
| Fifth Third Bancorp | | 159,849 | 5,489,215 |
| First Bancorp, North Carolina | | 18,462 | 629,923 |
| First Busey Corp. | | 18,927 | 436,457 |
| First Citizens Bancshares, Inc. | | 3,119 | 4,908,713 |
| First Financial Bancorp, Ohio (a) | | 27,811 | 603,499 |
| First Financial Bankshares, Inc. (a) | | 36,721 | 1,136,148 |
| First Hawaiian, Inc. (a) | | 37,382 | 783,527 |
| First Internet Bancorp | | 22,317 | 695,621 |
| First Interstate Bancsystem, Inc. (a) | | 30,372 | 799,391 |
| First Merchants Corp. | | 17,224 | 571,837 |
| Flushing Financial Corp. | | 13,936 | 178,938 |
| Fulton Financial Corp. | | 50,307 | 774,728 |
| German American Bancorp, Inc. | | 15,244 | 479,576 |
| Hancock Whitney Corp. | | 23,756 | 1,035,762 |
| Hanmi Financial Corp. | | 18,411 | 278,190 |
| Hope Bancorp, Inc. | | 56,353 | 618,192 |
| Horizon Bancorp, Inc. Indiana | | 21,658 | 260,762 |
| Huntington Bancshares, Inc. | | 339,894 | 4,432,218 |
| Independent Bank Corp. | | 12,169 | 634,857 |
| Independent Bank Group, Inc. | | 18,058 | 789,676 |
| Inter & Co., Inc. Class A (b) | | 70,012 | 395,568 |
| International Bancshares Corp. | | 17,655 | 916,118 |
| Investar Holding Corp. | | 18,955 | 302,332 |
| Kearny Financial Corp. | | 27,899 | 177,438 |
| Lakeland Financial Corp. (a) | | 8,679 | 552,852 |
| NBT Bancorp, Inc. | | 12,205 | 419,730 |
| Northwest Bancshares, Inc. | | 44,823 | 513,672 |
| OceanFirst Financial Corp. | | 29,377 | 446,530 |
| Old National Bancorp, Indiana (a) | | 78,981 | 1,297,658 |
| Pacific Premier Bancorp, Inc. (a) | | 31,389 | 717,553 |
| Pathward Financial, Inc. | | 17,228 | 875,872 |
| Pinnacle Financial Partners, Inc. (a) | | 20,059 | 1,659,280 |
| Popular, Inc. (a) | | 19,204 | 1,606,991 |
| Premier Financial Corp. | | 17,518 | 339,499 |
| Republic Bancorp, Inc., Kentucky Class A | | 11,645 | 573,633 |
| Seacoast Banking Corp., Florida | | 25,038 | 604,417 |
| Simmons First National Corp. Class A | | 33,215 | 637,728 |
| Stock Yards Bancorp, Inc. (a) | | 10,052 | 460,482 |
| Texas Capital Bancshares, Inc. (b) | | 14,109 | 827,493 |
| TFS Financial Corp. (a) | | 84,783 | 1,080,983 |
| TowneBank | | 21,256 | 576,250 |
| Trico Bancshares | | 12,147 | 405,831 |
| Trustmark Corp. (a) | | 20,785 | 558,285 |
| UMB Financial Corp. | | 12,923 | 1,054,646 |
| United Bankshares, Inc., West Virginia | | 35,309 | 1,224,869 |
| United Community Bank, Inc. | | 25,844 | 672,202 |
| Valley National Bancorp | | 133,121 | 1,090,261 |
| Veritex Holdings, Inc. (a) | | 27,887 | 547,422 |
| WaFd, Inc. (a) | | 21,274 | 579,504 |
| Washington Trust Bancorp, Inc. | | 11,938 | 307,284 |
| WesBanco, Inc. | | 20,534 | 595,075 |
| Westamerica Bancorp. | | 9,589 | 438,313 |
| Wintrust Financial Corp. | | 15,305 | 1,474,637 |
| WSFS Financial Corp. | | 18,623 | 789,429 |
| Zions Bancorporation NA (a) | | 38,024 | 1,499,286 |
| | | | 68,244,064 |
| Capital Markets - 1.3% | | | |
| B. Riley Financial, Inc. (a) | | 16,699 | 306,093 |
| BGC Group, Inc. Class A (a) | | 66,661 | 463,294 |
| Carlyle Group LP (a) | | 73,942 | 3,390,241 |
| CME Group, Inc. (a) | | 81,683 | 17,998,849 |
| Coinbase Global, Inc. (b) | | 42,379 | 8,626,669 |
| CONX Corp. Class A (b) | | 24,333 | 259,390 |
| Freedom Holding Corp. (a)(b) | | 20,203 | 1,546,136 |
| Futu Holdings Ltd. ADR (b) | | 19,427 | 1,039,733 |
| Greenpro Capital Corp. (a)(b) | | 69,436 | 113,181 |
| Hamilton Lane, Inc. Class A | | 14,715 | 1,690,018 |
| Interactive Brokers Group, Inc. (a) | | 23,595 | 2,565,248 |
| LPL Financial | | 18,014 | 4,825,770 |
| MarketAxess Holdings, Inc. (a) | | 9,036 | 1,928,373 |
| Morningstar, Inc. (a) | | 10,358 | 3,092,795 |
| NASDAQ, Inc. | | 131,024 | 7,363,549 |
| Northern Trust Corp. (a) | | 48,673 | 3,997,513 |
| Robinhood Markets, Inc. (a)(b) | | 198,882 | 3,243,765 |
| SEI Investments Co. | | 33,641 | 2,262,357 |
| StepStone Group, Inc. Class A (a) | | 28,377 | 985,533 |
| T. Rowe Price Group, Inc. (a) | | 52,920 | 5,998,482 |
| TPG, Inc. (a) | | 29,516 | 1,309,035 |
| Tradeweb Markets, Inc. Class A (a) | | 27,201 | 2,878,410 |
| Up Fintech Holdings Ltd. ADR (a)(b) | | 63,147 | 253,851 |
| Victory Capital Holdings, Inc. | | 21,533 | 827,513 |
| Virtu Financial, Inc. Class A | | 31,387 | 566,535 |
| XP, Inc. Class A | | 112,516 | 2,659,878 |
| | | | 80,192,211 |
| Consumer Finance - 0.2% | | | |
| Credit Acceptance Corp. (a)(b) | | 3,191 | 1,766,538 |
| Encore Capital Group, Inc. (a)(b) | | 7,039 | 337,872 |
| FirstCash Holdings, Inc. | | 11,889 | 1,361,291 |
| Kaspi.KZ JSC ADR | | 42,559 | 4,425,710 |
| LendingTree, Inc. (b) | | 17,360 | 686,935 |
| Navient Corp. (a) | | 35,343 | 574,677 |
| Qifu Technology, Inc. ADR | | 35,361 | 546,327 |
| SLM Corp. | | 65,642 | 1,367,323 |
| SoFi Technologies, Inc. (a)(b) | | 220,405 | 1,979,237 |
| Upstart Holdings, Inc. (a)(b) | | 22,095 | 568,946 |
| | | | 13,614,856 |
| Financial Services - 0.6% | | | |
| A-Mark Precious Metals, Inc. (a) | | 5,396 | 138,623 |
| Affirm Holdings, Inc. (a)(b) | | 54,368 | 2,039,887 |
| Atlantic Coastal Acquisition Corp. Class A (b)(c) | | 27,127 | 283,477 |
| AvidXchange Holdings, Inc. (b) | | 70,368 | 935,191 |
| Enact Holdings, Inc. (a) | | 43,219 | 1,198,031 |
| Euronet Worldwide, Inc. (a)(b) | | 13,280 | 1,453,363 |
| Flywire Corp. (b) | | 21,069 | 598,149 |
| Focus Impact BH3 Acquisition Co. (b) | | 15,701 | 164,232 |
| Jack Henry & Associates, Inc. (a) | | 17,469 | 3,035,588 |
| LM Funding America, Inc. (a)(b) | | 146,897 | 84,319 |
| Marblegate Acquisition Corp. (b) | | 17,168 | 179,577 |
| Merchants Bancorp (a) | | 17,490 | 749,621 |
| Mr. Cooper Group, Inc. (b) | | 19,783 | 1,410,132 |
| NMI Holdings, Inc. (b) | | 20,188 | 607,255 |
| Nuvei Corp. (d) | | 13,382 | 353,820 |
| Payoneer Global, Inc. (b) | | 117,822 | 572,615 |
| PayPal Holdings, Inc. (b) | | 259,342 | 15,648,696 |
| PepperLime Health Acquisition Corp. Class A (b) | | 54,228 | 589,458 |
| Remitly Global, Inc. (b) | | 55,222 | 1,138,678 |
| RMG Acquisition Corp. III Class A (b) | | 782 | 7,820 |
| Screaming Eagle Acquisition Corp. (b) | | 23,833 | 254,060 |
| StoneBridge Acquisition Corp. (a)(b) | | 17,314 | 195,648 |
| StoneCo Ltd. Class A (b) | | 112,494 | 1,936,022 |
| Vector Acquisition Corp. II Class A (b) | | 67,891 | 724,397 |
| | | | 34,298,659 |
| Insurance - 0.6% | | | |
| Arch Capital Group Ltd. (b) | | 87,635 | 7,675,950 |
| Brighthouse Financial, Inc. (b) | | 19,742 | 918,990 |
| BRP Group, Inc. (b) | | 21,478 | 597,518 |
| Cincinnati Financial Corp. | | 37,545 | 4,280,130 |
| Enstar Group Ltd. (b) | | 4,385 | 1,350,317 |
| Erie Indemnity Co. Class A | | 11,220 | 4,565,194 |
| Goosehead Insurance (b) | | 14,830 | 1,121,890 |
| James River Group Holdings Ltd. | | 10,825 | 108,142 |
| Oxbridge Re Holdings Ltd. (a)(b) | | 84,924 | 79,829 |
| Palomar Holdings, Inc. (b) | | 5,123 | 390,065 |
| Principal Financial Group, Inc. (a) | | 58,195 | 4,705,648 |
| Safety Insurance Group, Inc. (a) | | 5,215 | 428,464 |
| Selective Insurance Group, Inc. | | 15,710 | 1,641,381 |
| Trupanion, Inc. (a)(b) | | 9,744 | 260,652 |
| Willis Towers Watson PLC | | 25,174 | 6,862,684 |
| | | | 34,986,854 |
| Mortgage Real Estate Investment Trusts - 0.0% | | | |
| AGNC Investment Corp. (a) | | 135,444 | 1,294,845 |
| New York Mortgage Trust, Inc. (a) | | 59,824 | 431,331 |
| | | | 1,726,176 |
TOTAL FINANCIALS | | | 233,062,820 |
| HEALTH CARE - 7.1% | | | |
| Biotechnology - 4.0% | | | |
| 89Bio, Inc. (b) | | 38,853 | 445,644 |
| ACADIA Pharmaceuticals, Inc. (b) | | 61,179 | 1,421,800 |
| Acelyrin, Inc. | | 39,267 | 331,806 |
| Agios Pharmaceuticals, Inc. (a)(b) | | 24,280 | 784,730 |
| Aileron Therapeutics, Inc. (a)(b) | | 39,901 | 191,924 |
| Akero Therapeutics, Inc. (b) | | 12,072 | 325,823 |
| Alkermes PLC (b) | | 43,610 | 1,294,781 |
| Allakos, Inc. (b) | | 146,360 | 216,613 |
| Alnylam Pharmaceuticals, Inc. (a)(b) | | 27,242 | 4,115,994 |
| Ambrx Biopharma, Inc. | | 28,767 | 803,750 |
| Amgen, Inc. (a) | | 120,927 | 33,113,440 |
| Amicus Therapeutics, Inc. (b) | | 70,934 | 909,374 |
| Apellis Pharmaceuticals, Inc. (a)(b) | | 29,552 | 1,831,337 |
| Applied Genetic Technologies Corp. (b)(c) | | 14,225 | 0 |
| Aptorum Group Ltd. (a)(b) | | 36,938 | 61,317 |
| Arcellx, Inc. (b) | | 15,340 | 1,009,679 |
| Arcturus Therapeutics Holdings, Inc. (a)(b) | | 15,128 | 586,361 |
| Argenx SE ADR (b) | | 7,101 | 2,698,451 |
| Arrowhead Pharmaceuticals, Inc. (b) | | 25,894 | 831,197 |
| Ascendis Pharma A/S sponsored ADR (b) | | 14,081 | 2,080,609 |
| Aurinia Pharmaceuticals, Inc. (a)(b) | | 40,431 | 231,265 |
| Beam Therapeutics, Inc. (a)(b) | | 32,649 | 1,289,309 |
| BeiGene Ltd. ADR (a)(b) | | 11,042 | 1,829,107 |
| Biogen, Inc. (b) | | 33,792 | 7,332,526 |
| BioMarin Pharmaceutical, Inc. (b) | | 44,096 | 3,804,603 |
| BioNTech SE ADR (b) | | 19,670 | 1,749,843 |
| Blueprint Medicines Corp. (b) | | 17,421 | 1,629,212 |
| BridgeBio Pharma, Inc. (b) | | 59,152 | 2,020,041 |
| Carisma Therapeutics, Inc. rights (b)(c) | | 449,253 | 4 |
| Catalyst Pharmaceutical Partners, Inc. (b) | | 19,933 | 319,526 |
| Celldex Therapeutics, Inc. (b) | | 18,790 | 903,047 |
| Cerevel Therapeutics Holdings (b) | | 41,715 | 1,710,315 |
| CG Oncology, Inc. (a) | | 12,609 | 563,748 |
| Clementia Pharmaceuticals, Inc. rights (b)(c) | | 20,215 | 0 |
| CRISPR Therapeutics AG (a)(b) | | 20,207 | 1,701,834 |
| CureVac NV (a)(b) | | 73,036 | 249,783 |
| Cyclerion Therapeutics, Inc. (a)(b) | | 13,812 | 43,508 |
| Cytokinetics, Inc. (a)(b) | | 32,690 | 2,361,526 |
| Day One Biopharmaceuticals, Inc. (a)(b) | | 46,406 | 776,372 |
| Denali Therapeutics, Inc. (b) | | 34,759 | 687,533 |
| Design Therapeutics, Inc. (b) | | 53,895 | 149,828 |
| Dynavax Technologies Corp. (a)(b) | | 38,162 | 483,513 |
| Editas Medicine, Inc. (b) | | 67,957 | 683,647 |
| Entrada Therapeutics, Inc. (a)(b) | | 23,211 | 307,082 |
| Exact Sciences Corp. (a)(b) | | 43,061 | 2,477,299 |
| Exelixis, Inc. (a)(b) | | 82,237 | 1,800,990 |
| Forte Biosciences, Inc. (a)(b) | | 123,547 | 84,358 |
| Galectin Therapeutics, Inc. (a)(b) | | 74,394 | 145,440 |
| Genmab A/S ADR (b) | | 15,911 | 441,848 |
| Geron Corp. (b) | | 305,907 | 611,814 |
| Gilead Sciences, Inc. | | 284,177 | 20,489,162 |
| Grifols SA ADR (b) | | 43,047 | 323,283 |
| Halozyme Therapeutics, Inc. (b) | | 35,139 | 1,398,884 |
| HilleVax, Inc. (b) | | 24,302 | 441,081 |
| Immatics NV (a)(b) | | 40,758 | 509,883 |
| Immunocore Holdings PLC ADR (b) | | 6,575 | 441,972 |
| Immunovant, Inc. (b) | | 38,253 | 1,353,009 |
| Incyte Corp. (b) | | 52,417 | 3,059,056 |
| Inhibrx, Inc. (b) | | 19,097 | 699,523 |
| Inmune Bio, Inc. (a)(b) | | 37,741 | 437,796 |
| Insmed, Inc. (b) | | 41,978 | 1,163,630 |
| Intellia Therapeutics, Inc. (b) | | 27,363 | 878,900 |
| Ionis Pharmaceuticals, Inc. (b) | | 37,338 | 1,688,051 |
| Iovance Biotherapeutics, Inc. (a)(b) | | 99,119 | 1,576,983 |
| Ironwood Pharmaceuticals, Inc. Class A (b) | | 51,689 | 487,427 |
| Karuna Therapeutics, Inc. (b) | | 7,829 | 2,458,071 |
| Keros Therapeutics, Inc. (b) | | 12,425 | 838,688 |
| Kinnate Biopharma, Inc. (b) | | 50,593 | 124,965 |
| Krystal Biotech, Inc. (b) | | 10,582 | 1,687,512 |
| Kura Oncology, Inc. (b) | | 52,550 | 1,107,754 |
| Kymera Therapeutics, Inc. (b) | | 24,740 | 1,056,398 |
| Legend Biotech Corp. ADR (a)(b) | | 19,930 | 1,298,639 |
| Lyell Immunopharma, Inc. (a)(b) | | 199,676 | 583,054 |
| Macrogenics, Inc. (b) | | 60,107 | 1,078,320 |
| Madrigal Pharmaceuticals, Inc. (a)(b) | | 6,478 | 1,530,104 |
| MannKind Corp. (b) | | 109,234 | 448,952 |
| Merus BV (a)(b) | | 23,167 | 1,123,136 |
| Mirati Therapeutics, Inc. rights (b)(c) | | 1,147 | 0 |
| Moderna, Inc. (b) | | 88,660 | 8,177,998 |
| Monte Rosa Therapeutics, Inc. (b) | | 37,298 | 236,096 |
| Moonlake Immunotherapeutics (a)(b) | | 18,432 | 889,160 |
| Morphic Holding, Inc. (b) | | 16,535 | 610,968 |
| Mural Oncology PLC | | 4,363 | 23,080 |
| Myriad Genetics, Inc. (b) | | 26,432 | 553,222 |
| Natera, Inc. (b) | | 25,840 | 2,234,902 |
| Neurocrine Biosciences, Inc. (b) | | 23,299 | 3,038,190 |
| Nurix Therapeutics, Inc. (b) | | 52,415 | 647,325 |
| Nuvalent, Inc. Class A (a)(b) | | 14,626 | 1,230,339 |
| Omniab, Inc. (b)(c) | | 2,320 | 11,275 |
| Omniab, Inc. (b)(c) | | 2,320 | 10,649 |
| Organogenesis Holdings, Inc. Class A (b) | | 88,010 | 314,196 |
| Prime Medicine, Inc. (a)(b) | | 41,393 | 357,222 |
| ProKidney Corp. (a)(b) | | 81,798 | 133,331 |
| Prothena Corp. PLC (b) | | 14,933 | 412,001 |
| PTC Therapeutics, Inc. (b) | | 19,543 | 550,917 |
| RAPT Therapeutics, Inc. (b) | | 21,955 | 188,154 |
| Recursion Pharmaceuticals, Inc. (a)(b) | | 67,069 | 902,749 |
| Regeneron Pharmaceuticals, Inc. (b) | | 24,580 | 23,746,492 |
| REGENXBIO, Inc. (b) | | 30,542 | 532,652 |
| Relay Therapeutics, Inc. (a)(b) | | 57,336 | 574,507 |
| Repligen Corp. (b) | | 11,603 | 2,250,866 |
| Replimune Group, Inc. (b) | | 37,661 | 323,131 |
| Revolution Medicines, Inc. (b) | | 35,754 | 1,054,028 |
| Rhythm Pharmaceuticals, Inc. (b) | | 20,297 | 881,296 |
| Rocket Pharmaceuticals, Inc. (b) | | 28,864 | 845,715 |
| Roivant Sciences Ltd. (b) | | 194,809 | 2,228,615 |
| Sage Therapeutics, Inc. (b) | | 21,811 | 468,500 |
| Sana Biotechnology, Inc. (a)(b) | | 91,507 | 918,730 |
| Sarepta Therapeutics, Inc. (b) | | 22,710 | 2,904,609 |
| Savara, Inc. (b) | | 308,663 | 1,558,748 |
| SpringWorks Therapeutics, Inc. (b) | | 25,568 | 1,259,480 |
| Summit Therapeutics, Inc. (a)(b) | | 240,812 | 1,093,286 |
| Tango Therapeutics, Inc. (b) | | 52,418 | 583,412 |
| TG Therapeutics, Inc. (b) | | 65,390 | 1,126,016 |
| Tiziana Life Sciences Ltd. (a)(b) | | 159,605 | 78,047 |
| Tobira Therapeutics, Inc. rights (b)(c) | | 1,750 | 0 |
| Twist Bioscience Corp. (a)(b) | | 27,483 | 1,079,807 |
| Tyra Biosciences, Inc. (a)(b) | | 20,547 | 410,735 |
| Ultragenyx Pharmaceutical, Inc. (b) | | 23,990 | 1,240,763 |
| United Therapeutics Corp. (b) | | 10,636 | 2,399,907 |
| Vaxart, Inc. (a)(b) | | 317,105 | 386,868 |
| Vaxcyte, Inc. (b) | | 24,741 | 1,826,381 |
| Vera Therapeutics, Inc. (b) | | 27,671 | 1,302,751 |
| Veracyte, Inc. (b) | | 18,857 | 444,082 |
| Vertex Pharmaceuticals, Inc. (b) | | 58,117 | 24,452,147 |
| Verve Therapeutics, Inc. (a)(b) | | 31,784 | 541,917 |
| Xencor, Inc. (b) | | 24,590 | 564,341 |
| Xenon Pharmaceuticals, Inc. (b) | | 19,488 | 919,834 |
| Zai Lab Ltd. ADR (a)(b) | | 19,620 | 411,628 |
| Zentalis Pharmaceuticals, Inc. (a)(b) | | 18,778 | 279,980 |
| | | | 236,938,829 |
| Health Care Equipment & Supplies - 1.7% | | | |
| Abiomed, Inc. (b)(c) | | 10,350 | 28,773 |
| Align Technology, Inc. (b) | | 17,408 | 5,264,527 |
| Alphatec Holdings, Inc. (b) | | 59,598 | 800,401 |
| Angiodynamics, Inc. (b) | | 42,068 | 230,953 |
| Atricure, Inc. (b) | | 13,440 | 469,997 |
| Atrion Corp. | | 655 | 241,033 |
| Axonics, Inc. (b) | | 13,738 | 933,360 |
| Bioventus, Inc. (b) | | 61,138 | 283,069 |
| Cerus Corp. (b) | | 172,864 | 376,844 |
| Cue Health, Inc. (a)(b) | | 214,873 | 68,759 |
| Dentsply Sirona, Inc. | | 53,396 | 1,744,981 |
| DexCom, Inc. (b) | | 87,116 | 10,024,438 |
| Embecta Corp. | | 20,934 | 298,938 |
| Establishment Labs Holdings, Inc. (a)(b) | | 8,997 | 410,983 |
| GE Healthcare Holding LLC | | 102,906 | 9,393,260 |
| Hologic, Inc. (b) | | 58,597 | 4,324,459 |
| ICU Medical, Inc. (b) | | 5,724 | 625,233 |
| IDEXX Laboratories, Inc. (b) | | 18,230 | 10,486,443 |
| Inari Medical, Inc. (b) | | 14,774 | 681,377 |
| InMode Ltd. (b) | | 20,409 | 448,998 |
| Insulet Corp. (b) | | 16,402 | 2,689,928 |
| Integra LifeSciences Holdings Corp. (a)(b) | | 21,989 | 811,614 |
| Intuitive Surgical, Inc. (b) | | 81,349 | 31,368,174 |
| iRhythm Technologies, Inc. (b) | | 6,992 | 829,601 |
| Lantheus Holdings, Inc. (b) | | 15,255 | 997,372 |
| LivaNova PLC (b) | | 15,144 | 830,043 |
| Masimo Corp. (a)(b) | | 7,677 | 986,802 |
| Merit Medical Systems, Inc. (b) | | 14,302 | 1,089,812 |
| Neogen Corp. (b) | | 30,644 | 526,770 |
| Novocure Ltd. (b) | | 24,961 | 382,153 |
| Omnicell, Inc. (b) | | 7,385 | 193,782 |
| OrthoPediatrics Corp. (b) | | 11,589 | 318,234 |
| PROCEPT BioRobotics Corp. (b) | | 17,396 | 840,923 |
| QuidelOrtho Corp. (b) | | 16,339 | 745,058 |
| Shockwave Medical, Inc. (a)(b) | | 7,846 | 2,046,786 |
| Silk Road Medical, Inc. (b) | | 22,916 | 412,259 |
| Staar Surgical Co. (b) | | 8,799 | 274,881 |
| Tandem Diabetes Care, Inc. (b) | | 22,892 | 609,614 |
| The Cooper Companies, Inc. | | 45,504 | 4,259,174 |
| TransMedics Group, Inc. (b) | | 7,852 | 640,723 |
| | | | 97,990,529 |
| Health Care Providers & Services - 0.4% | | | |
| 23andMe Holding Co. Class A (a)(b) | | 601,752 | 342,999 |
| Acadia Healthcare Co., Inc. (b) | | 23,115 | 1,928,947 |
| Accolade, Inc. (b) | | 35,223 | 361,036 |
| AdaptHealth Corp. (b) | | 47,953 | 490,559 |
| Addus HomeCare Corp. (b) | | 5,916 | 545,928 |
| AirSculpt Technologies, Inc. (a)(b) | | 31,153 | 196,575 |
| Amedisys, Inc. (b) | | 8,439 | 784,996 |
| Astrana Health, Inc. (b) | | 17,359 | 781,849 |
| Aveanna Healthcare Holdings, Inc. (b) | | 81,769 | 193,793 |
| BrightSpring Health Services, Inc. | | 39,085 | 351,374 |
| Clover Health Investments Corp. (a)(b) | | 448,077 | 387,094 |
| Corvel Corp. (b) | | 4,971 | 1,212,924 |
| Fulgent Genetics, Inc. (b) | | 13,241 | 298,717 |
| Guardant Health, Inc. (b) | | 29,764 | 565,516 |
| HealthEquity, Inc. (b) | | 20,240 | 1,672,026 |
| Henry Schein, Inc. (b) | | 31,087 | 2,377,223 |
| LifeStance Health Group, Inc. (a)(b) | | 109,159 | 911,478 |
| National Research Corp. Class A | | 8,353 | 336,793 |
| NeoGenomics, Inc. (b) | | 37,936 | 591,802 |
| Nutex Health, Inc. (a)(b) | | 531,546 | 60,065 |
| Opko Health, Inc. (a)(b) | | 344,134 | 344,134 |
| Option Care Health, Inc. (b) | | 35,275 | 1,138,324 |
| P3 Health Partners, Inc. Class A (b) | | 116,020 | 120,661 |
| Patterson Companies, Inc. (a) | | 27,545 | 746,194 |
| Premier, Inc. (a) | | 32,964 | 687,629 |
| Privia Health Group, Inc. (b) | | 32,906 | 734,462 |
| Progyny, Inc. (b) | | 24,012 | 876,918 |
| R1 RCM, Inc. (a)(b) | | 93,198 | 1,309,432 |
| RadNet, Inc. (b) | | 21,433 | 811,453 |
| Surgery Partners, Inc. (b) | | 21,805 | 676,609 |
| The Ensign Group, Inc. (a) | | 15,007 | 1,874,674 |
| | | | 23,712,184 |
| Health Care Technology - 0.0% | | | |
| Certara, Inc. (a)(b) | | 43,647 | 736,761 |
| Schrodinger, Inc. (a)(b) | | 21,815 | 555,410 |
| Simulations Plus, Inc. (a) | | 9,555 | 396,533 |
| SOPHiA GENETICS SA (a)(b) | | 31,400 | 151,348 |
| | | | 1,840,052 |
| Life Sciences Tools & Services - 0.4% | | | |
| 10X Genomics, Inc. (a)(b) | | 15,304 | 713,779 |
| AbCellera Biologics, Inc. (a)(b) | | 89,528 | 452,116 |
| Adaptive Biotechnologies Corp. (b) | | 71,688 | 294,638 |
| Azenta, Inc. (a)(b) | | 14,076 | 917,051 |
| Bio-Techne Corp. | | 34,166 | 2,513,593 |
| Bruker Corp. | | 36,588 | 3,166,326 |
| Cytek Biosciences, Inc. (b) | | 53,357 | 410,849 |
| Fortrea Holdings, Inc. | | 20,330 | 763,188 |
| ICON PLC (a)(b) | | 18,080 | 5,796,810 |
| Illumina, Inc. (b) | | 36,287 | 5,074,011 |
| Maravai LifeSciences Holdings, Inc. (b) | | 35,672 | 275,745 |
| Medpace Holdings, Inc. (b) | | 8,498 | 3,378,125 |
| OmniAb, Inc. (b) | | 61,580 | 359,627 |
| Pacific Biosciences of California, Inc. (a)(b) | | 77,217 | 427,010 |
| Sotera Health Co. (a)(b) | | 106,065 | 1,592,036 |
| | | | 26,134,904 |
| Pharmaceuticals - 0.6% | | | |
| Aclaris Therapeutics, Inc. (b) | | 185,019 | 220,173 |
| Amphastar Pharmaceuticals, Inc. (b) | | 16,747 | 779,908 |
| Amylyx Pharmaceuticals, Inc. (b) | | 28,624 | 539,562 |
| AstraZeneca PLC sponsored ADR | | 136,262 | 8,742,570 |
| Atea Pharmaceuticals, Inc. (b) | | 109,199 | 470,648 |
| Avadel Pharmaceuticals PLC sponsored ADR (b) | | 49,655 | 634,591 |
| Axsome Therapeutics, Inc. (a)(b) | | 12,879 | 1,048,093 |
| Cassava Sciences, Inc. (a)(b) | | 17,596 | 404,356 |
| CinCor Pharma, Inc. rights (b)(c) | | 12,042 | 0 |
| Clearmind Medicine, Inc. (a)(b) | | 16,202 | 24,789 |
| Corcept Therapeutics, Inc. (a)(b) | | 30,967 | 727,725 |
| Dova Pharmaceuticals, Inc. rights (b)(c) | | 7,729 | 0 |
| Eyepoint Pharmaceuticals, Inc. (a)(b) | | 27,382 | 745,064 |
| GH Research PLC (a)(b) | | 36,159 | 321,092 |
| Harmony Biosciences Holdings, Inc. (a)(b) | | 17,833 | 572,439 |
| Indivior PLC (b) | | 31,946 | 684,603 |
| Innoviva, Inc. (b) | | 28,319 | 432,714 |
| Intra-Cellular Therapies, Inc. (b) | | 25,011 | 1,738,765 |
| Jazz Pharmaceuticals PLC (b) | | 15,411 | 1,832,368 |
| Ligand Pharmaceuticals, Inc.: | | | |
| Class B (b) | | 6,489 | 514,902 |
| General CVR (b) | | 1,530 | 8 |
| Glucagon CVR (b) | | 1,530 | 5 |
| rights (b) | | 1,530 | 4 |
| TR Beta CVR (b) | | 1,530 | 207 |
| Neumora Therapeutics, Inc. (a) | | 42,686 | 752,554 |
| Pacira Biosciences, Inc. (b) | | 15,149 | 450,228 |
| Revance Therapeutics, Inc. (a)(b) | | 47,588 | 339,778 |
| Royalty Pharma PLC | | 101,296 | 3,073,321 |
| Sanofi SA sponsored ADR | | 66,599 | 3,186,762 |
| Satsuma Pharmaceuticals, Inc. rights (b)(c) | | 218,164 | 2 |
| Scilex Holding Co. (a)(b)(i) | | 101,881 | 231,270 |
| Scilex Holding Co. (b) | | 45,036 | 97,120 |
| SIGA Technologies, Inc. (a) | | 82,307 | 428,819 |
| Supernus Pharmaceuticals, Inc. (b) | | 19,146 | 568,636 |
| Tilray Brands, Inc. Class 2 (a)(b) | | 292,400 | 505,852 |
| Ventyx Biosciences, Inc. (b) | | 64,957 | 459,896 |
| Verona Pharma PLC ADR (b) | | 25,272 | 435,184 |
| Viatris, Inc. (a) | | 289,918 | 3,586,286 |
| WAVE Life Sciences (b) | | 108,196 | 520,423 |
| | | | 35,070,717 |
TOTAL HEALTH CARE | | | 421,687,215 |
| INDUSTRIALS - 4.3% | | | |
| Aerospace & Defense - 0.2% | | | |
| AeroVironment, Inc. (b) | | 7,448 | 944,332 |
| Axon Enterprise, Inc. (b) | | 16,237 | 4,990,767 |
| Elbit Systems Ltd. (a) | | 10,775 | 2,406,489 |
| Kratos Defense & Security Solutions, Inc. (b) | | 39,257 | 716,048 |
| Leonardo DRS, Inc. (b) | | 59,160 | 1,343,524 |
| Lilium NV (a)(b) | | 385,807 | 369,950 |
| Mercury Systems, Inc. (b) | | 18,291 | 546,352 |
| Rocket Lab U.S.A., Inc. Class A (a)(b) | | 150,644 | 690,703 |
| Woodward, Inc. (a) | | 15,307 | 2,165,787 |
| | | | 14,173,952 |
| Air Freight & Logistics - 0.1% | | | |
| Air Transport Services Group, Inc. (b) | | 19,788 | 238,841 |
| C.H. Robinson Worldwide, Inc. (a) | | 29,188 | 2,162,247 |
| Forward Air Corp. | | 8,423 | 312,746 |
| Hub Group, Inc. Class A (a) | | 19,532 | 830,696 |
| | | | 3,544,530 |
| Building Products - 0.1% | | | |
| AAON, Inc. | | 21,597 | 1,813,716 |
| CSW Industrials, Inc. | | 3,444 | 793,463 |
| Gibraltar Industries, Inc. (b) | | 9,905 | 767,142 |
| UFP Industries, Inc. | | 16,174 | 1,854,026 |
| | | | 5,228,347 |
| Commercial Services & Supplies - 0.5% | | | |
| ACV Auctions, Inc. Class A (b) | | 28,591 | 507,490 |
| Casella Waste Systems, Inc. Class A (b) | | 13,391 | 1,206,529 |
| Cimpress PLC (b) | | 4,798 | 470,252 |
| Cintas Corp. | | 23,447 | 14,739,019 |
| Copart, Inc. | | 221,094 | 11,751,146 |
| Fuel Tech, Inc. (a)(b) | | 238,682 | 260,163 |
| Matthews International Corp. Class A | | 12,260 | 354,804 |
| Millerknoll, Inc. | | 25,920 | 791,856 |
| Stericycle, Inc. (b) | | 1,820 | 98,990 |
| Tetra Tech, Inc. (a) | | 12,444 | 2,206,570 |
| | | | 32,386,819 |
| Construction & Engineering - 0.1% | | | |
| Construction Partners, Inc. Class A (b) | | 15,635 | 751,731 |
| MYR Group, Inc. (b) | | 5,484 | 890,931 |
| Willscot Mobile Mini Holdings (b) | | 49,507 | 2,363,959 |
| | | | 4,006,621 |
| Electrical Equipment - 0.1% | | | |
| Array Technologies, Inc. (b) | | 44,192 | 602,779 |
| Ballard Power Systems, Inc. (a)(b) | | 143,614 | 450,948 |
| Encore Wire Corp. | | 5,269 | 1,269,829 |
| Enovix Corp. (a)(b) | | 52,178 | 508,736 |
| Fluence Energy, Inc. (a)(b) | | 29,781 | 455,351 |
| Nextracker, Inc. Class A | | 31,146 | 1,751,651 |
| Plug Power, Inc. (a)(b) | | 155,346 | 548,371 |
| Shoals Technologies Group, Inc. (b) | | 38,704 | 496,572 |
| SunPower Corp. (a)(b) | | 47,636 | 148,148 |
| Sunrun, Inc. (a)(b) | | 60,342 | 726,518 |
| Vicor Corp. (b) | | 8,496 | 316,391 |
| | | | 7,275,294 |
| Ground Transportation - 0.8% | | | |
| ArcBest Corp. (a) | | 7,161 | 1,023,020 |
| Avis Budget Group, Inc. (a) | | 8,244 | 890,682 |
| CSX Corp. (a) | | 476,393 | 18,074,350 |
| Grab Holdings Ltd. (b) | | 889,184 | 2,729,795 |
| Heartland Express, Inc. (a) | | 30,692 | 392,244 |
| Hertz Global Holdings, Inc. (a)(b) | | 73,775 | 579,134 |
| J.B. Hunt Transport Services, Inc. | | 23,630 | 4,875,105 |
| Landstar System, Inc. (a) | | 7,908 | 1,504,102 |
| Lyft, Inc. (b) | | 79,307 | 1,259,395 |
| Marten Transport Ltd. | | 29,798 | 561,692 |
| Old Dominion Freight Lines, Inc. | | 25,615 | 11,334,125 |
| Saia, Inc. (a)(b) | | 6,123 | 3,523,174 |
| Universal Logistics Holdings, Inc. (a) | | 13,233 | 447,672 |
| Werner Enterprises, Inc. | | 17,707 | 710,759 |
| | | | 47,905,249 |
| Industrial Conglomerates - 0.5% | | | |
| Honeywell International, Inc. (a) | | 152,947 | 30,395,157 |
| Icahn Enterprises LP | | 95,530 | 1,911,555 |
| | | | 32,306,712 |
| Machinery - 0.5% | | | |
| Astec Industries, Inc. (a) | | 8,721 | 354,073 |
| Columbus McKinnon Corp. (NY Shares) | | 12,841 | 536,369 |
| Franklin Electric Co., Inc. | | 12,531 | 1,302,723 |
| Hillman Solutions Corp. Class A (b) | | 63,699 | 620,428 |
| Kornit Digital Ltd. (a)(b) | | 14,342 | 258,013 |
| Lincoln Electric Holdings, Inc. (a) | | 13,495 | 3,462,817 |
| Microvast Holdings, Inc. (a)(b) | | 192,720 | 165,797 |
| Middleby Corp. (a)(b) | | 12,303 | 1,872,024 |
| Nikola Corp. (a)(b) | | 441,547 | 328,599 |
| NN, Inc. (a)(b) | | 54,376 | 254,480 |
| Nordson Corp. | | 13,314 | 3,536,864 |
| Omega Flex, Inc. (a) | | 3,132 | 218,144 |
| PACCAR, Inc. | | 120,693 | 13,383,647 |
| Stratasys Ltd. (a)(b) | | 25,171 | 310,862 |
| Symbotic, Inc. (a)(b) | | 23,445 | 923,733 |
| | | | 27,528,573 |
| Marine Transportation - 0.0% | | | |
| Golden Ocean Group Ltd. (a) | | 48,077 | 618,754 |
| Passenger Airlines - 0.2% | | | |
| Allegiant Travel Co. | | 5,734 | 417,321 |
| American Airlines Group, Inc. (b) | | 160,598 | 2,518,177 |
| Ryanair Holdings PLC sponsored ADR | | 24,215 | 3,347,724 |
| Sun Country Airlines Holdings, Inc. (b) | | 23,597 | 353,955 |
| United Airlines Holdings, Inc. (b) | | 72,804 | 3,311,854 |
| | | | 9,949,031 |
| Professional Services - 1.0% | | | |
| Automatic Data Processing, Inc. | | 93,256 | 23,419,379 |
| Concentrix Corp. (a) | | 12,913 | 935,547 |
| Conduent, Inc. (b) | | 124,264 | 427,468 |
| CSG Systems International, Inc. (a) | | 10,861 | 592,576 |
| ExlService Holdings, Inc. (b) | | 43,766 | 1,361,998 |
| Exponent, Inc. (a) | | 13,570 | 1,097,677 |
| First Advantage Corp. (a) | | 32,156 | 503,563 |
| Forrester Research, Inc. (b) | | 13,997 | 282,319 |
| Headhunter Group PLC ADR (b)(c) | | 12,021 | 32,719 |
| Huron Consulting Group, Inc. (b) | | 6,895 | 676,606 |
| ICF International, Inc. | | 5,851 | 906,027 |
| Kelly Services, Inc. Class A (non-vtg.) (a) | | 23,281 | 571,083 |
| Kforce, Inc. (a) | | 7,584 | 528,150 |
| LegalZoom.com, Inc. (b) | | 41,067 | 509,231 |
| NV5 Global, Inc. (b) | | 5,068 | 515,466 |
| Paychex, Inc. (a) | | 82,655 | 10,135,156 |
| Paycor HCM, Inc. (a)(b) | | 36,893 | 779,180 |
| Paylocity Holding Corp. (b) | | 13,509 | 2,277,752 |
| SS&C Technologies Holdings, Inc. (a) | | 60,050 | 3,828,788 |
| Ttec Holdings, Inc. | | 18,243 | 318,340 |
| Upwork, Inc. (b) | | 46,155 | 604,631 |
| Verisk Analytics, Inc. | | 33,976 | 8,218,794 |
| Verra Mobility Corp. (b) | | 47,723 | 1,031,771 |
| | | | 59,554,221 |
| Trading Companies & Distributors - 0.2% | | | |
| Beacon Roofing Supply, Inc. (b) | | 17,432 | 1,497,234 |
| Fastenal Co. | | 133,198 | 9,724,786 |
| FTAI Aviation Ltd. (a) | | 27,997 | 1,575,951 |
| H&E Equipment Services, Inc. (a) | | 13,704 | 774,139 |
| McGrath RentCorp. | | 7,463 | 928,994 |
| Rush Enterprises, Inc. Class A | | 19,304 | 940,105 |
| | | | 15,441,209 |
TOTAL INDUSTRIALS | | | 259,919,312 |
| INFORMATION TECHNOLOGY - 48.4% | | | |
| Communications Equipment - 0.9% | | | |
| ADTRAN Holdings, Inc. | | 46,554 | 264,892 |
| Applied Optoelectronics, Inc. (a)(b) | | 34,904 | 557,766 |
| Cisco Systems, Inc. | | 928,752 | 44,923,734 |
| Extreme Networks, Inc. (b) | | 42,437 | 536,404 |
| F5, Inc. (b) | | 13,723 | 2,569,220 |
| Harmonic, Inc. (b) | | 42,931 | 563,684 |
| Lumentum Holdings, Inc. (a)(b) | | 17,866 | 865,965 |
| NetScout Systems, Inc. (b) | | 23,175 | 501,739 |
| ViaSat, Inc. (a)(b) | | 29,864 | 584,438 |
| Viavi Solutions, Inc. (b) | | 63,135 | 602,939 |
| | | | 51,970,781 |
| Electronic Equipment, Instruments & Components - 0.6% | | | |
| Advanced Energy Industries, Inc. (a) | | 10,219 | 1,034,163 |
| Avnet, Inc. (a) | | 25,014 | 1,165,402 |
| CDW Corp. | | 31,387 | 7,727,793 |
| Cognex Corp. (a) | | 36,556 | 1,442,134 |
| ePlus, Inc. (b) | | 8,889 | 732,365 |
| Evolv Technologies Holdings, Inc. (b) | | 99,355 | 473,923 |
| Flex Ltd. (b) | | 109,851 | 3,092,306 |
| Innoviz Technologies Ltd. (a)(b) | | 187,123 | 297,526 |
| Insight Enterprises, Inc. (b) | | 9,377 | 1,762,876 |
| IPG Photonics Corp. (b) | | 12,441 | 1,074,280 |
| Itron, Inc. (b) | | 11,315 | 1,048,674 |
| Lightwave Logic, Inc. (a)(b) | | 81,059 | 341,258 |
| Littelfuse, Inc. (a) | | 6,223 | 1,482,568 |
| MicroVision, Inc. (a)(b) | | 130,593 | 308,199 |
| Movella Holdings, Inc. (a)(b) | | 94,529 | 34,182 |
| Napco Security Technologies, Inc. (a) | | 6,294 | 283,419 |
| Nayax Ltd. (a)(b) | | 7,500 | 197,325 |
| Novanta, Inc. (b) | | 9,444 | 1,633,245 |
| OSI Systems, Inc. (b) | | 5,529 | 725,294 |
| PC Connection, Inc. (a) | | 8,385 | 556,596 |
| Plexus Corp. (b) | | 8,180 | 772,192 |
| Sanmina Corp. (b) | | 16,757 | 1,059,042 |
| Spectaire Holdings, Inc. Class A (a)(b) | | 18,860 | 25,838 |
| Trimble, Inc. (b) | | 55,106 | 3,371,936 |
| TTM Technologies, Inc. (b) | | 36,004 | 534,659 |
| Zebra Technologies Corp. Class A (b) | | 11,778 | 3,291,715 |
| | | | 34,468,910 |
| IT Services - 0.6% | | | |
| Akamai Technologies, Inc. (b) | | 36,522 | 4,051,020 |
| Amdocs Ltd. | | 29,456 | 2,686,387 |
| Cognizant Technology Solutions Corp. Class A | | 118,164 | 9,337,319 |
| Grid Dynamics Holdings, Inc. (b) | | 35,897 | 484,251 |
| Kingsoft Cloud Holdings Ltd. ADR (a)(b) | | 82,373 | 236,411 |
| MongoDB, Inc. Class A (b) | | 15,997 | 7,159,937 |
| Okta, Inc. (b) | | 33,508 | 3,595,408 |
| Taoping, Inc. (a)(b) | | 29,342 | 38,145 |
| Thoughtworks Holding, Inc. (b) | | 90,367 | 281,945 |
| VeriSign, Inc. (b) | | 24,579 | 4,800,033 |
| Wix.com Ltd. (b) | | 15,088 | 2,115,036 |
| | | | 34,785,892 |
| Semiconductors & Semiconductor Equipment - 17.4% | | | |
| Advanced Micro Devices, Inc. (b) | | 362,129 | 69,720,696 |
| AEHR Test Systems (a)(b) | | 8,583 | 139,645 |
| Allegro MicroSystems LLC (a)(b) | | 40,438 | 1,273,393 |
| Ambarella, Inc. (b) | | 9,691 | 541,242 |
| Amkor Technology, Inc. (a) | | 63,420 | 1,967,288 |
| Analog Devices, Inc. | | 114,888 | 22,037,816 |
| Applied Materials, Inc. | | 192,355 | 38,782,615 |
| Arm Holdings Ltd. ADR (a) | | 21,712 | 3,062,260 |
| ASML Holding NV (depository receipt) | | 19,110 | 18,186,605 |
| Axcelis Technologies, Inc. (b) | | 9,173 | 1,033,522 |
| Broadcom, Inc. | | 106,726 | 138,796,096 |
| Camtek Ltd. (a)(b) | | 14,148 | 1,126,039 |
| Canadian Solar, Inc. (a)(b) | | 17,067 | 359,943 |
| CEVA, Inc. (b) | | 10,586 | 239,667 |
| Cirrus Logic, Inc. (b) | | 12,292 | 1,128,651 |
| Cohu, Inc. (b) | | 13,742 | 441,530 |
| Credo Technology Group Holding Ltd. (b) | | 46,249 | 996,203 |
| Diodes, Inc. (b) | | 12,287 | 835,270 |
| Enphase Energy, Inc. (b) | | 30,376 | 3,858,056 |
| Entegris, Inc. (a) | | 34,172 | 4,591,350 |
| First Solar, Inc. (b) | | 24,919 | 3,834,785 |
| FormFactor, Inc. (b) | | 22,900 | 985,387 |
| GlobalFoundries, Inc. (a)(b) | | 122,017 | 6,670,669 |
| Impinj, Inc. (a)(b) | | 8,507 | 929,135 |
| indie Semiconductor, Inc. (a)(b) | | 62,926 | 389,512 |
| Intel Corp. | | 935,094 | 40,255,797 |
| KLA Corp. | | 31,504 | 21,495,179 |
| Kulicke & Soffa Industries, Inc. (a) | | 17,034 | 811,159 |
| Lam Research Corp. | | 30,553 | 28,666,352 |
| Lattice Semiconductor Corp. (b) | | 34,639 | 2,653,694 |
| MACOM Technology Solutions Holdings, Inc. (b) | | 18,200 | 1,607,606 |
| Marvell Technology, Inc. | | 195,006 | 13,974,130 |
| Maxeon Solar Technologies Ltd. (a)(b) | | 36,139 | 144,917 |
| MaxLinear, Inc. Class A (b) | | 16,698 | 324,609 |
| Microchip Technology, Inc. | | 125,190 | 10,533,487 |
| Micron Technology, Inc. | | 248,987 | 22,560,712 |
| MKS Instruments, Inc. (a) | | 13,654 | 1,676,165 |
| Monolithic Power Systems, Inc. | | 10,631 | 7,654,745 |
| Navitas Semiconductor Corp. (b) | | 59,457 | 365,066 |
| Nova Ltd. (a)(b) | | 8,231 | 1,427,667 |
| NVIDIA Corp. | | 563,658 | 445,921,117 |
| NXP Semiconductors NV | | 58,578 | 14,628,684 |
| ON Semiconductor Corp. (b) | | 93,966 | 7,415,797 |
| PDF Solutions, Inc. (b) | | 5,458 | 185,517 |
| Photronics, Inc. (b) | | 23,517 | 677,054 |
| Power Integrations, Inc. (a) | | 15,504 | 1,107,916 |
| Qorvo, Inc. (b) | | 22,251 | 2,548,852 |
| Qualcomm, Inc. (a) | | 250,186 | 39,476,849 |
| Rambus, Inc. (b) | | 28,816 | 1,707,060 |
| Rigetti Computing, Inc. Class A (a)(b) | | 158,543 | 298,061 |
| Semtech Corp. (b) | | 17,417 | 369,240 |
| Silicon Laboratories, Inc. (b) | | 9,274 | 1,275,546 |
| Silicon Motion Tech Corp. sponsored ADR | | 9,895 | 700,467 |
| SiTime Corp. (b) | | 4,999 | 462,408 |
| Skyworks Solutions, Inc. | | 38,258 | 4,014,029 |
| SMART Global Holdings, Inc. (a)(b) | | 20,230 | 430,292 |
| SolarEdge Technologies, Inc. (a)(b) | | 12,073 | 810,943 |
| Synaptics, Inc. (b) | | 6,664 | 667,066 |
| Teradyne, Inc. (a) | | 35,092 | 3,635,180 |
| Texas Instruments, Inc. | | 206,009 | 34,471,486 |
| Tower Semiconductor Ltd. (b) | | 20,252 | 665,886 |
| Ultra Clean Holdings, Inc. (b) | | 17,218 | 743,818 |
| Universal Display Corp. (a) | | 11,429 | 1,993,446 |
| | | | 1,040,285,374 |
| Software - 17.7% | | | |
| ACI Worldwide, Inc. (b) | | 31,394 | 1,033,177 |
| Adeia, Inc. (a) | | 32,571 | 369,355 |
| Adobe, Inc. (b) | | 104,338 | 58,458,495 |
| Agilysys, Inc. (b) | | 2,981 | 231,922 |
| Alarm.com Holdings, Inc. (b) | | 13,482 | 1,020,453 |
| Altair Engineering, Inc. Class A (b) | | 13,391 | 1,139,306 |
| Amplitude, Inc. (b) | | 36,802 | 436,472 |
| ANSYS, Inc. (b) | | 19,816 | 6,621,913 |
| AppFolio, Inc. (b) | | 4,879 | 1,181,157 |
| Appian Corp. Class A (b) | | 16,015 | 558,123 |
| AppLovin Corp. (a)(b) | | 65,861 | 3,933,219 |
| Aspen Technology, Inc. (b) | | 13,920 | 2,698,949 |
| Atlassian Corp. PLC (b) | | 33,184 | 6,883,025 |
| Aurora Innovation, Inc. (a)(b) | | 337,659 | 857,654 |
| Autodesk, Inc. (b) | | 49,662 | 12,821,239 |
| AvePoint, Inc. (b) | | 71,459 | 571,672 |
| Bentley Systems, Inc. Class B | | 57,866 | 2,972,576 |
| Blackbaud, Inc. (b) | | 13,733 | 950,049 |
| BlackLine, Inc. (b) | | 15,381 | 872,564 |
| Braze, Inc. (b) | | 17,616 | 1,002,350 |
| Cadence Design Systems, Inc. (b) | | 61,358 | 18,676,148 |
| CCC Intelligent Solutions Holdings, Inc. Class A (a)(b) | | 140,442 | 1,644,576 |
| Check Point Software Technologies Ltd. (b) | | 28,280 | 4,536,678 |
| Cipher Mining, Inc. (b) | | 117,551 | 347,951 |
| Cognyte Software Ltd. (b) | | 95,339 | 707,415 |
| CommVault Systems, Inc. (b) | | 12,786 | 1,223,748 |
| Confluent, Inc. (a)(b) | | 39,248 | 1,329,330 |
| Crowdstrike Holdings, Inc. (b) | | 49,215 | 15,953,042 |
| CyberArk Software Ltd. (b) | | 9,905 | 2,612,543 |
| Datadog, Inc. Class A (a)(b) | | 65,664 | 8,632,189 |
| Descartes Systems Group, Inc. (a)(b) | | 21,738 | 1,884,032 |
| Digital Turbine, Inc. (b) | | 39,786 | 126,122 |
| DocuSign, Inc. (b) | | 43,923 | 2,339,778 |
| Dropbox, Inc. Class A (b) | | 67,733 | 1,622,205 |
| Everbridge, Inc. (b) | | 15,690 | 443,556 |
| EverCommerce, Inc. (b) | | 60,824 | 595,467 |
| Five9, Inc. (b) | | 12,636 | 770,796 |
| Fortinet, Inc. (b) | | 180,395 | 12,467,098 |
| Freshworks, Inc. (b) | | 42,004 | 858,562 |
| Gen Digital, Inc. (a) | | 132,359 | 2,844,395 |
| GitLab, Inc. (b) | | 20,443 | 1,474,349 |
| HashiCorp, Inc. (b) | | 20,066 | 523,121 |
| Intapp, Inc. (b) | | 18,514 | 726,304 |
| InterDigital, Inc. (a) | | 8,352 | 893,831 |
| Intuit, Inc. | | 63,398 | 42,025,900 |
| Jamf Holding Corp. (a)(b) | | 7,625 | 137,174 |
| JFrog Ltd. (a)(b) | | 30,754 | 1,377,472 |
| Magic Software Enterprises Ltd. | | 24,037 | 268,493 |
| Manhattan Associates, Inc. (b) | | 15,013 | 3,803,243 |
| Marathon Digital Holdings, Inc. (a)(b) | | 69,867 | 1,809,555 |
| Matterport, Inc. (b) | | 165,485 | 350,828 |
| Microsoft Corp. | | 1,698,239 | 702,459,584 |
| MicroStrategy, Inc. Class A (a)(b) | | 3,213 | 3,286,385 |
| MMTEC, Inc. (a)(b) | | 99,390 | 129,207 |
| Monday.com Ltd. (b) | | 9,915 | 2,211,144 |
| nCino, Inc. (a)(b) | | 24,047 | 717,562 |
| Nextnav, Inc. (a)(b) | | 92,144 | 394,376 |
| NICE Ltd. sponsored ADR (b) | | 11,373 | 2,788,091 |
| Nutanix, Inc. Class A (a)(b) | | 49,766 | 3,143,221 |
| Open Text Corp. (a) | | 66,336 | 2,553,273 |
| Pagaya Technologies Ltd. Class A (a)(b) | | 298,119 | 441,216 |
| Palo Alto Networks, Inc. (b) | | 67,346 | 20,914,300 |
| Pegasystems, Inc. | | 24,919 | 1,620,732 |
| Progress Software Corp. (a) | | 13,442 | 717,265 |
| PTC, Inc. (b) | | 27,873 | 5,101,038 |
| Qualys, Inc. (b) | | 8,978 | 1,542,959 |
| Radware Ltd. (b) | | 15,996 | 284,089 |
| Rapid7, Inc. (b) | | 17,536 | 1,027,259 |
| Riot Platforms, Inc. (a)(b) | | 57,665 | 814,230 |
| Roper Technologies, Inc. | | 24,417 | 13,300,672 |
| Sapiens International Corp. NV | | 18,420 | 566,783 |
| Semantix, Inc. (a)(b) | | 22,812 | 15,124 |
| Smith Micro Software, Inc. (a)(b) | | 145,380 | 55,361 |
| Splunk, Inc. (b) | | 38,424 | 6,002,597 |
| Sprout Social, Inc. (a)(b) | | 14,817 | 915,987 |
| SPS Commerce, Inc. (b) | | 9,513 | 1,761,427 |
| Synopsys, Inc. (b) | | 33,937 | 19,470,675 |
| Telos Corp. (a)(b) | | 66,064 | 242,455 |
| Tenable Holdings, Inc. (b) | | 27,204 | 1,310,145 |
| Varonis Systems, Inc. (b) | | 31,924 | 1,621,739 |
| Verint Systems, Inc. (b) | | 17,812 | 563,037 |
| Workday, Inc. Class A (b) | | 45,990 | 13,551,413 |
| Zoom Video Communications, Inc. Class A (b) | | 58,484 | 4,136,573 |
| Zscaler, Inc. (a)(b) | | 31,528 | 7,628,830 |
| | | | 1,058,908,320 |
| Technology Hardware, Storage & Peripherals - 11.2% | | | |
| Apple, Inc. | | 3,553,868 | 642,361,641 |
| Corsair Gaming, Inc. (b) | | 31,118 | 402,978 |
| Logitech International SA (a) | | 38,567 | 3,386,954 |
| Nano Dimension Ltd. ADR (a)(b) | | 115,083 | 327,987 |
| NetApp, Inc. | | 50,026 | 4,458,317 |
| Seagate Technology Holdings PLC (a) | | 50,105 | 4,662,270 |
| Super Micro Computer, Inc. (b) | | 12,888 | 11,162,555 |
| Western Digital Corp. (b) | | 67,439 | 4,010,597 |
| Xerox Holdings Corp. | | 40,168 | 749,133 |
| | | | 671,522,432 |
TOTAL INFORMATION TECHNOLOGY | | | 2,891,941,709 |
| MATERIALS - 1.1% | | | |
| Chemicals - 0.9% | | | |
| Alto Ingredients, Inc. (a)(b) | | 78,499 | 172,698 |
| Balchem Corp. | | 8,719 | 1,370,540 |
| Innospec, Inc. | | 7,457 | 926,681 |
| Linde PLC | | 111,497 | 50,042,084 |
| Methanex Corp. (a) | | 20,159 | 903,930 |
| PureCycle Technologies, Inc. (a)(b) | | 77,088 | 446,340 |
| | | | 53,862,273 |
| Containers & Packaging - 0.0% | | | |
| Pactiv Evergreen, Inc. | | 67,867 | 1,001,038 |
| TriMas Corp. | | 15,141 | 355,814 |
| | | | 1,356,852 |
| Metals & Mining - 0.2% | | | |
| Ferroglobe PLC (a) | | 60,590 | 275,685 |
| Kaiser Aluminum Corp. | | 5,904 | 428,158 |
| Radius Recycling, Inc. Class A | | 11,556 | 228,347 |
| Royal Gold, Inc. (a) | | 14,514 | 1,489,572 |
| Sigma Lithium Corp. (a)(b) | | 34,530 | 491,017 |
| SSR Mining, Inc. (a) | | 45,569 | 195,947 |
| Steel Dynamics, Inc. | | 41,108 | 5,501,073 |
| | | | 8,609,799 |
TOTAL MATERIALS | | | 63,828,924 |
| REAL ESTATE - 0.9% | | | |
| Equity Real Estate Investment Trusts (REITs) - 0.6% | | | |
| Diversified Healthcare Trust (SBI) | | 113,829 | 373,359 |
| Equinix, Inc. | | 20,771 | 18,461,680 |
| Gaming & Leisure Properties | | 56,048 | 2,549,063 |
| Host Hotels & Resorts, Inc. | | 161,232 | 3,343,952 |
| Lamar Advertising Co. Class A | | 21,440 | 2,370,192 |
| Office Properties Income Trust | | 43,476 | 116,081 |
| Phillips Edison & Co., Inc. (a) | | 31,795 | 1,135,717 |
| Potlatch Corp. | | 15,749 | 712,012 |
| Regency Centers Corp. | | 40,936 | 2,535,985 |
| Retail Opportunity Investments Corp. | | 38,146 | 493,228 |
| Sabra Health Care REIT, Inc. | | 65,115 | 903,796 |
| SBA Communications Corp. Class A | | 24,808 | 5,190,578 |
| Service Properties Trust | | 52,084 | 354,171 |
| Uniti Group, Inc. | | 87,784 | 514,414 |
| | | | 39,054,228 |
| Real Estate Management & Development - 0.3% | | | |
| Colliers International Group, Inc. (a) | | 10,624 | 1,234,828 |
| Comstock Holding Companies, Inc. (b) | | 133,234 | 623,535 |
| CoStar Group, Inc. (b) | | 90,832 | 7,905,109 |
| eXp World Holdings, Inc. (a) | | 39,082 | 511,974 |
| FirstService Corp. | | 10,721 | 1,768,215 |
| Opendoor Technologies, Inc. (a)(b) | | 183,832 | 566,203 |
| Redfin Corp. (b) | | 30,325 | 215,459 |
| Zillow Group, Inc.: | | | |
| Class A (a)(b) | | 17,157 | 927,507 |
| Class C (b) | | 40,291 | 2,262,340 |
| | | | 16,015,170 |
TOTAL REAL ESTATE | | | 55,069,398 |
| UTILITIES - 0.8% | | | |
| Electric Utilities - 0.8% | | | |
| Alliant Energy Corp. | | 55,347 | 2,642,819 |
| American Electric Power Co., Inc. (a) | | 117,534 | 10,012,721 |
| Constellation Energy Corp. | | 74,671 | 12,578,330 |
| Evergy, Inc. | | 52,351 | 2,593,469 |
| Exelon Corp. | | 222,508 | 7,974,687 |
| MGE Energy, Inc. | | 10,416 | 658,187 |
| Otter Tail Corp. (a) | | 11,630 | 1,052,050 |
| Xcel Energy, Inc. | | 121,682 | 6,411,425 |
| | | | 43,923,688 |
| Independent Power and Renewable Electricity Producers - 0.0% | | | |
| Atlantica Sustainable Infrastructure PLC (a) | | 27,709 | 497,654 |
| Enlight Renewable Energy Ltd. | | 32,707 | 558,963 |
| Montauk Renewables, Inc. (a)(b) | | 59,487 | 337,886 |
| ReNew Energy Global PLC (a)(b) | | 87,619 | 569,524 |
| | | | 1,964,027 |
| Multi-Utilities - 0.0% | | | |
| NorthWestern Energy Corp. | | 14,474 | 693,594 |
| Water Utilities - 0.0% | | | |
| Middlesex Water Co. (a) | | 6,350 | 323,152 |
TOTAL UTILITIES | | | 46,904,461 |
| TOTAL COMMON STOCKS (Cost $3,252,793,522) | | | 5,951,811,956 |
| | | | |
Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.
Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.
Amounts in the dividend income column for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium payments received for lending certain types of securities.
Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.
The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:
Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. U.S. Treasury Obligations are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy.
Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.
Risk Exposures and the Use of Derivative Instruments: The Fund's investment objectives allow the Fund to enter into various types of derivative contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.
The Fund used derivatives to increase returns, to gain exposure to certain types of assets and/or to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.
The Fund's use of derivatives increased or decreased its exposure to the following risk(s):
Equity Risk - Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.
Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.
Futures Contracts: A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a specified price at a specified future date.
The Fund used futures contracts to manage its exposure to the stock market.
Open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The underlying face amount at value reflects each contract's exposure to the underlying instrument or index at period end. Any securities and/or cash deposited to meet initial margin requirements are identified in the Schedule of Investments.
For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.
The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.
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