Quarterly Holdings Report
for
Fidelity® SAI International Index Fund
July 31, 2024
Offered exclusively to certain clients of the Adviser, or its affiliates, including Strategic Advisers LLC (Strategic Advisers) - not available for sale to the general public. Fidelity® SAI is a product name of Fidelity® funds dedicated to certain programs affiliated with Strategic Advisers.
SV7-NPRT3-0924
1.9867768.108
| Common Stocks - 98.6% | |||
| Shares | Value ($) | ||
| Australia - 7.4% | |||
| Ampol Ltd. | 119,225 | 2,609,562 | |
| ANZ Group Holdings Ltd. | 1,509,896 | 28,683,868 | |
| APA Group unit | 647,816 | 3,350,987 | |
| Aristocrat Leisure Ltd. | 287,040 | 10,177,626 | |
| ASX Ltd. | 97,344 | 4,135,867 | |
| Aurizon Holdings Ltd. | 921,847 | 2,242,572 | |
| BHP Group Ltd. | 2,546,942 | 70,741,177 | |
| BlueScope Steel Ltd. | 222,495 | 3,224,293 | |
| Brambles Ltd. | 699,151 | 7,114,184 | |
| CAR Group Ltd. | 179,834 | 4,098,445 | |
| Cochlear Ltd. | 32,880 | 7,418,362 | |
| Coles Group Ltd. | 672,847 | 7,964,150 | |
| Commonwealth Bank of Australia | 840,500 | 75,570,687 | |
| Computershare Ltd. | 268,794 | 4,860,257 | |
| Dexus unit unit | 539,862 | 2,478,360 | |
| Endeavour Group Ltd. | 763,603 | 2,741,476 | |
| Fortescue Ltd. | 850,385 | 10,493,782 | |
| Glencore PLC | 5,208,392 | 28,900,542 | |
| Goodman Group unit | 858,322 | 19,701,618 | |
| Insurance Australia Group Ltd. | 1,198,919 | 5,801,845 | |
| Macquarie Group Ltd. | 182,808 | 25,081,022 | |
| Medibank Private Ltd. | 1,381,037 | 3,594,454 | |
| Mineral Resources Ltd. | 88,186 | 3,130,286 | |
| Mirvac Group unit | 1,980,122 | 2,771,088 | |
| National Australia Bank Ltd. | 1,557,792 | 39,302,143 | |
| Northern Star Resources Ltd. | 576,985 | 5,312,656 | |
| Orica Ltd. | 243,618 | 2,861,279 | |
| Origin Energy Ltd. | 870,189 | 5,969,440 | |
| Pilbara Minerals Ltd. (a) | 1,434,998 | 2,749,562 | |
| Pro Medicus Ltd. | 28,826 | 2,709,986 | |
| Qantas Airways Ltd. (b) | 400,702 | 1,692,772 | |
| QBE Insurance Group Ltd. | 754,043 | 8,915,364 | |
| Ramsay Health Care Ltd. | 92,369 | 2,807,007 | |
| REA Group Ltd. | 26,565 | 3,554,696 | |
| Reece Ltd. | 113,315 | 2,048,189 | |
| Rio Tinto Ltd. | 186,433 | 14,322,910 | |
| Rio Tinto PLC | 566,135 | 36,817,413 | |
| Santos Ltd. | 1,630,384 | 8,499,040 | |
| Scentre Group unit | 2,609,031 | 5,920,430 | |
| SEEK Ltd. | 178,785 | 2,568,654 | |
| Seven Group Holdings Ltd. | 99,834 | 2,557,923 | |
| Sonic Healthcare Ltd. | 229,324 | 4,156,079 | |
| South32 Ltd. | 2,274,270 | 4,561,494 | |
| Stockland Corp. Ltd. unit | 1,198,398 | 3,604,985 | |
| Suncorp Group Ltd. | 638,706 | 7,438,913 | |
| Telstra Group Ltd. | 2,031,455 | 5,234,172 | |
| The GPT Group | 961,286 | 2,910,571 | |
| The Lottery Corp. Ltd. | 1,115,502 | 3,625,528 | |
| Transurban Group unit | 1,553,185 | 13,214,326 | |
| Treasury Wine Estates Ltd. | 407,213 | 3,288,767 | |
| Vicinity Centres unit | 1,943,442 | 2,681,628 | |
| Washington H. Soul Pattinson & Co. Ltd. | 117,540 | 2,728,718 | |
| Wesfarmers Ltd. | 569,909 | 27,448,765 | |
| Westpac Banking Corp. | 1,743,834 | 33,983,331 | |
| WiseTech Global Ltd. | 83,704 | 5,203,416 | |
| Woodside Energy Group Ltd. | 953,464 | 17,290,896 | |
| Woolworths Group Ltd. | 613,617 | 13,843,982 | |
TOTAL AUSTRALIA | 636,711,545 | ||
| Austria - 0.2% | |||
| Erste Group Bank AG | 168,917 | 8,789,525 | |
| Mondi PLC | 221,636 | 4,332,272 | |
| OMV AG | 73,834 | 3,092,395 | |
| Verbund AG | 34,426 | 2,757,058 | |
| Voestalpine AG | 53,833 | 1,378,450 | |
TOTAL AUSTRIA | 20,349,700 | ||
| Belgium - 0.8% | |||
| Ageas | 80,260 | 3,834,062 | |
| Anheuser-Busch InBev SA NV | 451,439 | 26,803,823 | |
| D'ieteren Group | 10,796 | 2,481,675 | |
| Elia Group SA/NV | 15,039 | 1,560,864 | |
| Groupe Bruxelles Lambert SA | 44,265 | 3,305,500 | |
| KBC Group NV | 125,748 | 9,749,543 | |
| Lotus Bakeries SA | 205 | 2,227,487 | |
| Sofina SA | 7,733 | 1,827,798 | |
| Syensqo SA | 37,211 | 3,291,398 | |
| UCB SA | 63,495 | 10,627,156 | |
| Umicore SA | 105,088 | 1,443,289 | |
| Warehouses de Pauw | 88,427 | 2,400,159 | |
TOTAL BELGIUM | 69,552,754 | ||
| Brazil - 0.0% | |||
| Yara International ASA | 83,116 | 2,369,171 | |
| Burkina Faso - 0.0% | |||
| Endeavour Mining PLC | 92,247 | 2,051,575 | |
| Chile - 0.1% | |||
| Antofagasta PLC | 197,980 | 5,141,166 | |
| China - 0.4% | |||
| BOC Hong Kong (Holdings) Ltd. | 1,854,000 | 5,398,606 | |
| Prosus NV | 711,815 | 24,830,458 | |
| SITC International Holdings Co. Ltd. | 672,000 | 1,496,611 | |
| Wharf Holdings Ltd. | 536,000 | 1,471,576 | |
| Wilmar International Ltd. | 966,200 | 2,298,583 | |
TOTAL CHINA | 35,495,834 | ||
| Denmark - 3.7% | |||
| A.P. Moller - Maersk A/S: | |||
| Series A | 1,496 | 2,429,910 | |
| Series B | 2,273 | 3,760,313 | |
| Carlsberg A/S Series B | 47,964 | 5,791,988 | |
| Coloplast A/S Series B | 63,349 | 8,235,406 | |
| Danske Bank A/S | 346,182 | 10,593,207 | |
| Demant A/S (b) | 49,903 | 1,910,606 | |
| DSV A/S | 85,988 | 15,762,513 | |
| Genmab A/S (b) | 33,198 | 9,377,494 | |
| Novo Nordisk A/S Series B | 1,638,633 | 217,107,240 | |
| Novonesis (NOVOZYMES) B Series B | 187,364 | 11,928,648 | |
| ORSTED A/S (b)(c) | 95,238 | 5,668,370 | |
| Pandora A/S | 41,099 | 6,443,139 | |
| Rockwool International A/S Series B | 4,664 | 2,061,646 | |
| Tryg A/S | 175,454 | 3,842,207 | |
| Vestas Wind Systems A/S (b) | 507,139 | 12,550,192 | |
TOTAL DENMARK | 317,462,879 | ||
| Finland - 1.0% | |||
| Elisa Corp. (A Shares) | 71,305 | 3,319,846 | |
| Fortum Corp. | 226,731 | 3,481,937 | |
| Kesko Oyj | 137,057 | 2,477,110 | |
| Kone OYJ (B Shares) | 170,690 | 8,711,832 | |
| Metso Corp. | 311,765 | 3,164,209 | |
| Neste OYJ | 212,372 | 4,286,268 | |
| Nokia Corp. | 2,676,405 | 10,518,017 | |
| Nordea Bank Abp (Helsinki Stock Exchange) | 1,584,071 | 18,536,381 | |
| Orion Oyj (B Shares) | 54,112 | 2,487,158 | |
| Sampo Oyj (A Shares) | 226,619 | 9,925,608 | |
| Stora Enso Oyj (R Shares) | 292,056 | 3,647,536 | |
| UPM-Kymmene Corp. | 268,011 | 8,855,376 | |
| Wartsila Corp. | 252,273 | 5,202,443 | |
TOTAL FINLAND | 84,613,721 | ||
| France - 9.3% | |||
| Accor SA | 97,203 | 3,741,891 | |
| Aeroports de Paris SA | 17,378 | 2,285,092 | |
| Air Liquide SA | 55,880 | 10,195,784 | |
| Air Liquide SA | 234,000 | 42,695,303 | |
| Airbus Group NV | 298,404 | 45,156,504 | |
| Alstom SA | 173,578 | 3,400,848 | |
| Amundi SA (c) | 30,849 | 2,255,247 | |
| Arkema SA | 30,106 | 2,723,873 | |
| AXA SA | 912,003 | 32,020,277 | |
| bioMerieux SA | 20,814 | 2,200,785 | |
| BNP Paribas SA | 518,493 | 35,523,904 | |
| Bollore SA | 356,860 | 2,224,580 | |
| Bouygues SA | 95,035 | 3,285,081 | |
| Bureau Veritas SA | 159,517 | 5,006,481 | |
| Capgemini SA | 77,996 | 15,484,037 | |
| Carrefour SA | 284,672 | 4,246,521 | |
| Compagnie de St.-Gobain | 228,868 | 19,633,615 | |
| Compagnie Generale des Etablissements Michelin SCA Series B | 340,983 | 13,499,134 | |
| Covivio | 25,324 | 1,308,405 | |
| Credit Agricole SA | 531,084 | 8,059,449 | |
| Danone SA | 323,487 | 21,015,367 | |
| Dassault Aviation SA | 9,917 | 1,997,351 | |
| Dassault Systemes SA | 336,115 | 12,741,707 | |
| Edenred SA | 125,265 | 5,220,725 | |
| Eiffage SA | 36,855 | 3,673,530 | |
| Engie SA | 177,100 | 2,784,042 | |
| Engie SA | 743,324 | 11,685,177 | |
| EssilorLuxottica SA | 148,184 | 33,950,781 | |
| Eurazeo SA | 22,845 | 1,799,907 | |
| Gecina SA | 23,087 | 2,291,208 | |
| Getlink SE | 151,793 | 2,706,480 | |
| Hermes International SCA | 15,902 | 34,815,708 | |
| Ipsen SA | 18,897 | 2,126,933 | |
| Kering SA | 37,377 | 11,479,897 | |
| Klepierre SA | 108,197 | 3,100,707 | |
| L'Oreal SA | 97,550 | 42,185,290 | |
| L'Oreal SA | 23,300 | 10,076,035 | |
| La Francaise des Jeux SAEM (c) | 52,630 | 2,044,822 | |
| Legrand SA | 132,683 | 14,335,991 | |
| LVMH Moet Hennessy Louis Vuitton SE | 138,474 | 97,674,354 | |
| Orange SA | 934,823 | 10,373,985 | |
| Pernod Ricard SA | 102,745 | 13,788,276 | |
| Publicis Groupe SA | 114,895 | 11,994,635 | |
| Remy Cointreau SA | 11,565 | 912,545 | |
| Remy Cointreau SA rights (b)(d) | 11,565 | 25,032 | |
| Renault SA | 96,487 | 4,682,330 | |
| Rexel SA | 112,994 | 2,876,208 | |
| Safran SA | 171,685 | 37,717,937 | |
| Sartorius Stedim Biotech | 14,653 | 2,932,976 | |
| SEB SA | 12,483 | 1,250,325 | |
| Societe Generale Series A | 362,657 | 9,406,229 | |
| Sodexo SA | 44,357 | 4,202,870 | |
| Teleperformance | 27,076 | 3,492,918 | |
| Thales SA | 47,516 | 7,556,785 | |
| TotalEnergies SE | 1,078,695 | 72,775,608 | |
| Unibail-Rodamco-Westfield NV | 59,335 | 4,450,121 | |
| Veolia Environnement SA | 347,591 | 10,919,124 | |
| VINCI SA | 251,660 | 28,718,930 | |
| Vivendi SA | 361,541 | 3,862,694 | |
TOTAL FRANCE | 804,592,351 | ||
| Germany - 8.0% | |||
| adidas AG | 81,322 | 20,356,883 | |
| Allianz SE | 196,723 | 55,410,065 | |
| BASF AG | 448,192 | 20,866,551 | |
| Bayer AG | 493,238 | 14,674,176 | |
| Bayerische Motoren Werke AG (BMW) | 160,645 | 14,899,690 | |
| Bechtle AG | 40,953 | 1,811,858 | |
| Beiersdorf AG | 50,641 | 7,354,995 | |
| Brenntag SE | 65,211 | 4,645,221 | |
| Carl Zeiss Meditec AG | 20,181 | 1,383,620 | |
| Commerzbank AG | 528,938 | 8,638,167 | |
| Continental AG | 55,205 | 3,384,280 | |
| Covestro AG (b)(c) | 94,911 | 5,593,991 | |
| CTS Eventim AG | 31,265 | 2,757,679 | |
| Daimler Truck Holding AG | 268,577 | 10,388,455 | |
| Deutsche Bank AG | 951,477 | 14,865,269 | |
| Deutsche Borse AG | 95,432 | 19,541,471 | |
| Deutsche Lufthansa AG (a) | 300,120 | 1,880,788 | |
| Deutsche Telekom AG | 1,628,035 | 42,585,315 | |
| DHL Group | 497,861 | 22,207,359 | |
| E.ON SE | 1,131,266 | 15,873,213 | |
| Evonik Industries AG | 128,624 | 2,612,150 | |
| Fresenius Medical Care AG & Co. KGaA | 103,121 | 3,979,219 | |
| Fresenius SE & Co. KGaA (b) | 212,171 | 7,621,156 | |
| GEA Group AG | 77,860 | 3,441,341 | |
| Hannover Reuck SE | 30,271 | 7,525,153 | |
| HeidelbergCement AG | 68,532 | 7,155,802 | |
| Henkel AG & Co. KGaA | 52,088 | 4,035,929 | |
| Infineon Technologies AG | 655,704 | 22,777,954 | |
| Knorr-Bremse AG | 36,400 | 2,927,137 | |
| LEG Immobilien AG | 37,186 | 3,254,174 | |
| Mercedes-Benz Group AG (Germany) | 403,028 | 26,641,957 | |
| Merck KGaA | 64,883 | 11,642,414 | |
| MTU Aero Engines AG | 27,038 | 7,657,833 | |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 68,521 | 33,785,862 | |
| Nemetschek SE | 28,974 | 2,770,401 | |
| Puma AG | 52,923 | 2,628,965 | |
| Rational AG | 2,566 | 2,248,025 | |
| Rheinmetall AG | 21,869 | 11,923,800 | |
| RWE AG | 317,851 | 11,864,362 | |
| SAP SE | 524,360 | 110,860,358 | |
| Scout24 AG (c) | 37,669 | 2,984,165 | |
| Siemens AG | 381,626 | 69,874,617 | |
| Siemens Energy AG (b) | 301,012 | 8,766,477 | |
| Siemens Healthineers AG (c) | 141,703 | 7,611,161 | |
| Symrise AG | 66,680 | 8,425,197 | |
| Talanx AG | 32,344 | 2,459,052 | |
| Volkswagen AG | 14,557 | 1,717,567 | |
| Vonovia SE | 368,147 | 11,319,314 | |
| Zalando SE (b)(c) | 112,527 | 2,887,459 | |
TOTAL GERMANY | 692,518,047 | ||
| Hong Kong - 1.6% | |||
| AIA Group Ltd. | 5,642,400 | 37,741,229 | |
| CK Asset Holdings Ltd. | 972,925 | 3,723,412 | |
| CK Infrastructure Holdings Ltd. | 321,000 | 2,142,643 | |
| CLP Holdings Ltd. | 829,000 | 7,114,994 | |
| Futu Holdings Ltd. ADR (b) | 28,099 | 1,778,105 | |
| Hang Seng Bank Ltd. | 383,200 | 4,701,194 | |
| Henderson Land Development Co. Ltd. | 727,021 | 2,042,074 | |
| HKT Trust/HKT Ltd. unit | 1,895,000 | 2,294,515 | |
| Hong Kong & China Gas Co. Ltd. | 5,635,074 | 4,594,408 | |
| Hong Kong Exchanges and Clearing Ltd. | 604,660 | 17,835,682 | |
| Hongkong Land Holdings Ltd. | 552,620 | 1,784,963 | |
| Jardine Matheson Holdings Ltd. | 79,161 | 2,786,467 | |
| Link (REIT) | 1,281,396 | 5,412,374 | |
| MTR Corp. Ltd. | 777,190 | 2,516,739 | |
| Power Assets Holdings Ltd. | 702,500 | 4,477,815 | |
| Prudential PLC | 1,380,511 | 12,458,272 | |
| Sino Land Ltd. | 1,947,661 | 2,014,259 | |
| Sun Hung Kai Properties Ltd. | 727,000 | 6,294,747 | |
| Swire Pacific Ltd. (A Shares) | 212,000 | 1,827,528 | |
| Swire Properties Ltd. | 584,200 | 924,210 | |
| Techtronic Industries Co. Ltd. | 690,500 | 8,846,842 | |
| WH Group Ltd. (c) | 4,174,500 | 2,714,305 | |
| Wharf Real Estate Investment Co. Ltd. | 837,000 | 2,059,062 | |
TOTAL HONG KONG | 138,085,839 | ||
| Ireland - 0.4% | |||
| AerCap Holdings NV | 102,764 | 9,654,678 | |
| AIB Group PLC | 853,600 | 4,896,186 | |
| Bank of Ireland Group PLC | 521,999 | 5,917,678 | |
| Kerry Group PLC Class A | 78,536 | 7,343,619 | |
| Kingspan Group PLC (Ireland) | 78,159 | 7,308,367 | |
TOTAL IRELAND | 35,120,528 | ||
| Israel - 0.6% | |||
| Azrieli Group | 21,327 | 1,309,384 | |
| Bank Hapoalim BM (Reg.) | 637,304 | 5,856,508 | |
| Bank Leumi le-Israel BM | 764,203 | 6,598,134 | |
| Check Point Software Technologies Ltd. (b) | 45,366 | 8,322,393 | |
| Elbit Systems Ltd. (Israel) | 13,419 | 2,398,481 | |
| Global-e Online Ltd. (a)(b) | 50,123 | 1,720,221 | |
| Icl Group Ltd. | 388,364 | 1,630,340 | |
| Israel Discount Bank Ltd. (Class A) | 620,192 | 3,171,175 | |
| Mizrahi Tefahot Bank Ltd. | 77,631 | 2,805,099 | |
| NICE Ltd. (b) | 31,570 | 5,728,764 | |
| Teva Pharmaceutical Industries Ltd. sponsored ADR (b) | 562,502 | 9,804,410 | |
| Wix.com Ltd. (b) | 26,503 | 4,132,480 | |
TOTAL ISRAEL | 53,477,389 | ||
| Italy - 2.5% | |||
| Amplifon SpA | 62,540 | 1,989,907 | |
| Banco BPM SpA | 645,763 | 4,472,813 | |
| Coca-Cola HBC AG | 110,160 | 4,021,900 | |
| Davide Campari Milano NV | 309,163 | 2,790,494 | |
| DiaSorin SpA | 11,232 | 1,227,739 | |
| Enel SpA | 4,095,650 | 29,239,570 | |
| Eni SpA | 1,072,237 | 17,155,579 | |
| Ferrari NV (Italy) | 63,305 | 26,061,903 | |
| FinecoBank SpA | 306,377 | 5,205,751 | |
| Generali | 512,522 | 13,273,419 | |
| Infrastrutture Wireless Italiane SpA (c) | 168,707 | 1,876,955 | |
| Intesa Sanpaolo SpA | 7,342,479 | 29,816,588 | |
| Leonardo SpA | 203,135 | 4,838,741 | |
| Mediobanca SpA | 255,480 | 4,146,016 | |
| Moncler SpA | 110,290 | 6,574,423 | |
| Nexi SpA (b)(c) | 296,007 | 1,818,327 | |
| Poste Italiane SpA (c) | 229,622 | 3,110,083 | |
| Prysmian SpA | 131,966 | 9,074,796 | |
| Recordati SpA | 52,445 | 2,857,796 | |
| Snam SpA | 1,018,221 | 4,865,697 | |
| Telecom Italia SpA (a)(b) | 4,992,904 | 1,224,989 | |
| Terna - Rete Elettrica Nazionale | 717,931 | 5,974,983 | |
| UniCredit SpA | 759,957 | 31,215,009 | |
TOTAL ITALY | 212,833,478 | ||
| Japan - 23.0% | |||
| Advantest Corp. | 384,700 | 17,027,354 | |
| AEON Co. Ltd. | 328,400 | 7,492,971 | |
| AGC, Inc. | 98,130 | 3,512,050 | |
| Aisin Seiki Co. Ltd. | 88,790 | 3,052,425 | |
| Ajinomoto Co., Inc. | 235,700 | 9,707,369 | |
| Ana Holdings, Inc. | 80,500 | 1,539,783 | |
| Asahi Group Holdings | 241,900 | 8,905,114 | |
| Asahi Kasei Corp. | 629,700 | 4,540,933 | |
| Asics Corp. | 343,227 | 5,670,617 | |
| Astellas Pharma, Inc. | 908,700 | 10,539,065 | |
| Bandai Namco Holdings, Inc. | 300,800 | 6,392,231 | |
| Bridgestone Corp. | 286,700 | 11,689,804 | |
| Brother Industries Ltd. | 116,200 | 2,414,676 | |
| Canon, Inc. | 502,200 | 15,719,714 | |
| Capcom Co. Ltd. | 174,000 | 3,719,155 | |
| Central Japan Railway Co. | 388,000 | 9,147,856 | |
| Chiba Bank Ltd. | 265,300 | 2,485,191 | |
| Chubu Electric Power Co., Inc. | 325,360 | 4,102,308 | |
| Chugai Pharmaceutical Co. Ltd. | 337,300 | 14,720,618 | |
| Concordia Financial Group Ltd. | 526,400 | 3,317,644 | |
| Dai Nippon Printing Co. Ltd. | 104,420 | 3,435,231 | |
| Dai-ichi Mutual Life Insurance Co. | 454,400 | 13,854,798 | |
| Daifuku Co. Ltd. | 152,600 | 2,792,140 | |
| Daiichi Sankyo Co. Ltd. | 928,700 | 37,823,807 | |
| Daikin Industries Ltd. | 132,500 | 19,213,386 | |
| Daito Trust Construction Co. Ltd. | 29,400 | 3,559,087 | |
| Daiwa House Industry Co. Ltd. | 281,600 | 7,974,456 | |
| Daiwa Securities Group, Inc. | 669,500 | 5,527,460 | |
| DENSO Corp. | 949,700 | 15,574,143 | |
| Dentsu Group, Inc. | 101,600 | 2,686,631 | |
| Disco Corp. | 46,200 | 15,449,134 | |
| East Japan Railway Co. | 455,600 | 8,680,732 | |
| Eisai Co. Ltd. | 126,500 | 4,824,199 | |
| ENEOS Holdings, Inc. | 1,446,000 | 7,576,377 | |
| FANUC Corp. | 478,600 | 14,188,947 | |
| Fast Retailing Co. Ltd. | 87,900 | 24,229,539 | |
| Fuji Electric Co. Ltd. | 63,700 | 3,582,927 | |
| FUJIFILM Holdings Corp. | 562,100 | 13,364,453 | |
| Fujitsu Ltd. | 883,900 | 16,051,778 | |
| Hamamatsu Photonics K.K. | 70,400 | 2,043,788 | |
| Hankyu Hanshin Holdings, Inc. | 114,900 | 3,301,923 | |
| Hikari Tsushin, Inc. | 9,000 | 1,694,803 | |
| Hitachi Construction Machinery Co. Ltd. | 54,000 | 1,344,985 | |
| Hitachi Ltd. | 2,327,800 | 50,296,036 | |
| Honda Motor Co. Ltd. | 2,254,000 | 24,083,036 | |
| Hoshizaki Corp. | 54,500 | 1,726,988 | |
| Hoya Corp. | 176,200 | 22,078,003 | |
| Hulic Co. Ltd. | 192,800 | 1,893,830 | |
| Ibiden Co. Ltd. | 56,600 | 2,207,629 | |
| Idemitsu Kosan Co. Ltd. | 453,415 | 2,986,337 | |
| INPEX Corp. | 473,900 | 7,317,725 | |
| Isuzu Motors Ltd. | 292,900 | 3,962,095 | |
| Itochu Corp. | 596,900 | 30,611,096 | |
| Japan Airlines Co. Ltd. | 72,800 | 1,179,570 | |
| Japan Exchange Group, Inc. | 249,100 | 5,848,475 | |
| Japan Post Bank Co. Ltd. | 726,200 | 7,637,449 | |
| Japan Post Holdings Co. Ltd. | 1,046,500 | 11,082,924 | |
| Japan Post Insurance Co. Ltd. | 96,100 | 2,009,821 | |
| Japan Real Estate Investment Corp. | 644 | 2,235,439 | |
| Japan Tobacco, Inc. | 603,200 | 17,749,270 | |
| JFE Holdings, Inc. | 289,200 | 4,236,308 | |
| Kajima Corp. | 212,200 | 4,100,451 | |
| Kansai Electric Power Co., Inc. | 354,200 | 6,062,415 | |
| Kao Corp. | 234,000 | 10,246,786 | |
| Kawasaki Kisen Kaisha Ltd. | 197,200 | 3,030,010 | |
| KDDI Corp. | 751,800 | 22,621,673 | |
| Keisei Electric Railway Co. | 64,900 | 1,941,099 | |
| Keyence Corp. | 97,700 | 42,720,340 | |
| Kikkoman Corp. | 340,700 | 4,263,503 | |
| Kintetsu Group Holdings Co. Ltd. | 90,900 | 2,115,266 | |
| Kirin Holdings Co. Ltd. | 390,200 | 5,516,483 | |
| Kobe Bussan Co. Ltd. | 75,500 | 1,994,787 | |
| Koito Manufacturing Co. Ltd. | 100,400 | 1,504,944 | |
| Komatsu Ltd. | 464,600 | 13,207,451 | |
| Konami Group Corp. | 50,400 | 3,792,077 | |
| Kubota Corp. | 502,300 | 7,221,525 | |
| Kyocera Corp. | 645,100 | 8,125,013 | |
| Kyowa Kirin Co., Ltd. | 135,600 | 2,860,157 | |
| Lasertec Corp. | 40,200 | 7,132,817 | |
| LY Corp. | 1,343,100 | 3,360,322 | |
| M3, Inc. | 221,600 | 2,069,136 | |
| Makita Corp. | 112,420 | 3,705,684 | |
| Marubeni Corp. | 715,400 | 13,463,670 | |
| MatsukiyoCocokara & Co. | 172,300 | 2,818,472 | |
| Mazda Motor Corp. | 285,300 | 2,460,831 | |
| McDonald's Holdings Co. (Japan) Ltd. (a) | 43,200 | 1,790,808 | |
| Meiji Holdings Co. Ltd. | 117,800 | 2,974,965 | |
| Minebea Mitsumi, Inc. | 182,210 | 4,382,939 | |
| Mitsubishi Chemical Group Corp. | 680,800 | 4,020,972 | |
| Mitsubishi Corp. | 1,678,800 | 34,670,668 | |
| Mitsubishi Electric Corp. | 970,400 | 16,168,589 | |
| Mitsubishi Estate Co. Ltd. | 565,200 | 9,633,235 | |
| Mitsubishi HC Capital, Inc. | 404,300 | 2,943,087 | |
| Mitsubishi Heavy Industries Ltd. | 1,609,300 | 19,289,205 | |
| Mitsubishi UFJ Financial Group, Inc. | 5,575,600 | 64,400,147 | |
| Mitsui & Co. Ltd. | 1,292,000 | 29,979,423 | |
| Mitsui Chemicals, Inc. | 85,600 | 2,474,869 | |
| Mitsui Fudosan Co. Ltd. | 1,340,700 | 13,889,465 | |
| Mitsui OSK Lines Ltd. | 172,600 | 5,482,323 | |
| Mizuho Financial Group, Inc. | 1,211,220 | 27,688,664 | |
| MonotaRO Co. Ltd. | 125,800 | 1,778,347 | |
| MS&AD Insurance Group Holdings, Inc. | 646,000 | 15,229,158 | |
| Murata Manufacturing Co. Ltd. | 865,500 | 19,255,627 | |
| NEC Corp. | 123,300 | 10,672,192 | |
| Nexon Co. Ltd. | 168,810 | 3,635,951 | |
| Nidec Corp. | 209,600 | 9,220,452 | |
| Nintendo Co. Ltd. | 521,700 | 28,828,310 | |
| Nippon Building Fund, Inc. | 770 | 2,976,069 | |
| Nippon Express Holdings, Inc. | 36,400 | 1,801,104 | |
| Nippon Paint Holdings Co. Ltd. | 476,100 | 3,044,014 | |
| Nippon Prologis REIT, Inc. | 1,142 | 1,883,703 | |
| Nippon Sanso Holdings Corp. | 86,900 | 2,883,035 | |
| Nippon Steel Corp. | 429,700 | 9,329,818 | |
| Nippon Telegraph & Telephone Corp. | 15,008,700 | 15,994,971 | |
| Nippon Yusen KK | 230,300 | 7,421,165 | |
| Nissan Chemical Corp. | 62,700 | 2,023,075 | |
| Nissan Motor Co. Ltd. | 1,178,000 | 3,739,121 | |
| Nissin Food Holdings Co. Ltd. | 100,700 | 3,006,783 | |
| Nitori Holdings Co. Ltd. | 40,200 | 4,916,279 | |
| Nitto Denko Corp. | 72,100 | 6,260,698 | |
| Nomura Holdings, Inc. | 1,508,700 | 9,302,058 | |
| Nomura Real Estate Holdings, Inc. | 55,200 | 1,562,720 | |
| Nomura Real Estate Master Fund, Inc. | 2,014 | 1,985,700 | |
| Nomura Research Institute Ltd. | 189,520 | 5,908,070 | |
| NTT Data Corp. | 316,700 | 4,932,418 | |
| Obayashi Corp. | 325,900 | 4,278,849 | |
| OBIC Co. Ltd. | 32,500 | 4,946,430 | |
| Olympus Corp. | 579,700 | 10,007,995 | |
| OMRON Corp. | 88,100 | 3,267,970 | |
| Ono Pharmaceutical Co. Ltd. | 187,500 | 2,766,063 | |
| Oracle Corp. Japan | 19,300 | 1,575,642 | |
| Oriental Land Co. Ltd. | 547,900 | 15,686,119 | |
| ORIX Corp. | 579,500 | 14,017,903 | |
| Osaka Gas Co. Ltd. | 185,430 | 4,197,052 | |
| Otsuka Corp. | 114,400 | 2,543,750 | |
| Otsuka Holdings Co. Ltd. | 210,100 | 10,708,441 | |
| Pan Pacific International Holdings Ltd. | 191,300 | 5,032,631 | |
| Panasonic Holdings Corp. | 1,171,100 | 9,592,698 | |
| Rakuten Group, Inc. (b) | 753,300 | 4,419,369 | |
| Recruit Holdings Co. Ltd. | 745,600 | 42,755,158 | |
| Renesas Electronics Corp. | 751,500 | 12,943,740 | |
| Resona Holdings, Inc. | 1,058,120 | 7,587,716 | |
| Ricoh Co. Ltd. | 275,000 | 2,560,061 | |
| ROHM Co. Ltd. | 165,600 | 2,265,041 | |
| SBI Holdings, Inc. Japan | 136,400 | 3,590,169 | |
| Screen Holdings Co. Ltd. | 40,800 | 3,457,383 | |
| SCSK Corp. | 78,200 | 1,541,762 | |
| Secom Co. Ltd. | 105,400 | 6,730,080 | |
| Seiko Epson Corp. | 144,800 | 2,506,549 | |
| Sekisui Chemical Co. Ltd. | 191,500 | 2,906,280 | |
| Sekisui House Ltd. | 299,600 | 7,506,882 | |
| Seven & i Holdings Co. Ltd. | 1,124,100 | 13,460,826 | |
| SG Holdings Co. Ltd. | 160,700 | 1,634,301 | |
| Shimadzu Corp. | 119,000 | 3,541,284 | |
| SHIMANO, Inc. | 38,300 | 6,833,944 | |
| Shin-Etsu Chemical Co. Ltd. | 904,600 | 40,191,999 | |
| Shionogi & Co. Ltd. | 126,500 | 5,564,619 | |
| Shiseido Co. Ltd. | 200,900 | 6,278,414 | |
| Shizuoka Financial Group | 219,600 | 2,193,429 | |
| SMC Corp. | 28,800 | 14,013,088 | |
| SoftBank Corp. | 1,433,600 | 18,700,966 | |
| SoftBank Group Corp. | 516,700 | 31,576,791 | |
| Sompo Holdings, Inc. | 447,500 | 10,203,858 | |
| Sony Group Corp. | 627,000 | 55,689,287 | |
| Subaru Corp. | 302,800 | 5,821,784 | |
| Sumco Corp. | 175,800 | 2,890,221 | |
| Sumitomo Corp. | 521,900 | 12,967,931 | |
| Sumitomo Electric Industries Ltd. | 358,400 | 5,421,545 | |
| Sumitomo Metal Mining Co. Ltd. | 124,130 | 3,785,232 | |
| Sumitomo Mitsui Financial Group, Inc. | 628,400 | 45,378,604 | |
| Sumitomo Mitsui Trust Holdings, Inc. | 328,800 | 8,311,027 | |
| Sumitomo Realty & Development Co. Ltd. | 143,500 | 4,743,069 | |
| Suntory Beverage & Food Ltd. | 69,800 | 2,526,322 | |
| Suzuki Motor Corp. | 789,000 | 9,067,333 | |
| Sysmex Corp. | 252,800 | 4,138,657 | |
| T&D Holdings, Inc. | 245,700 | 4,605,830 | |
| Taisei Corp. | 83,500 | 3,546,358 | |
| Takeda Pharmaceutical Co. Ltd. | 794,803 | 22,313,529 | |
| TDK Corp. | 195,200 | 13,617,606 | |
| Terumo Corp. | 673,700 | 12,078,339 | |
| TIS, Inc. | 106,600 | 2,298,441 | |
| Toho Co. Ltd. | 56,070 | 2,013,600 | |
| Tokio Marine Holdings, Inc. | 943,600 | 37,020,393 | |
| Tokyo Electric Power Co., Inc. (b) | 767,500 | 3,844,224 | |
| Tokyo Electron Ltd. | 236,800 | 49,549,807 | |
| Tokyo Gas Co. Ltd. | 181,200 | 3,970,024 | |
| Tokyu Corp. | 250,800 | 3,038,539 | |
| Toppan Holdings, Inc. | 115,500 | 3,267,051 | |
| Toray Industries, Inc. | 695,900 | 3,618,024 | |
| Toto Ltd. | 71,000 | 1,954,999 | |
| Toyota Industries Corp. | 73,670 | 6,309,443 | |
| Toyota Motor Corp. | 5,325,150 | 102,300,174 | |
| Toyota Tsusho Corp. | 319,920 | 6,396,167 | |
| Trend Micro, Inc. | 67,200 | 3,221,063 | |
| Unicharm Corp. | 202,800 | 6,793,925 | |
| West Japan Railway Co. | 220,200 | 4,335,086 | |
| Yakult Honsha Co. Ltd. | 128,900 | 2,655,355 | |
| Yamaha Motor Co. Ltd. | 448,500 | 4,176,425 | |
| Yamato Holdings Co. Ltd. | 126,700 | 1,538,783 | |
| Yaskawa Electric Corp. | 120,500 | 4,193,860 | |
| Yokogawa Electric Corp. | 114,600 | 2,900,784 | |
| Zensho Holdings Co. Ltd. | 48,400 | 1,973,090 | |
| ZOZO, Inc. | 67,800 | 1,984,841 | |
TOTAL JAPAN | 1,987,170,766 | ||
| Jordan - 0.0% | |||
| Hikma Pharmaceuticals PLC | 83,322 | 2,039,462 | |
| Korea (South) - 0.0% | |||
| Delivery Hero AG (a)(b)(c) | 96,283 | 2,142,123 | |
| Luxembourg - 0.1% | |||
| ArcelorMittal SA (Netherlands) | 235,572 | 5,338,607 | |
| Eurofins Scientific SA | 67,788 | 4,023,258 | |
TOTAL LUXEMBOURG | 9,361,865 | ||
| Macau - 0.1% | |||
| Galaxy Entertainment Group Ltd. | 1,096,000 | 4,608,254 | |
| Sands China Ltd. (b) | 1,216,000 | 2,281,697 | |
TOTAL MACAU | 6,889,951 | ||
| Netherlands - 4.5% | |||
| ABN AMRO Bank NV GDR (Bearer) (c) | 216,538 | 3,776,522 | |
| Adyen BV (b)(c) | 10,910 | 13,345,541 | |
| AEGON NV | 681,391 | 4,409,455 | |
| Akzo Nobel NV | 85,533 | 5,288,698 | |
| Argenx SE (b) | 29,840 | 15,256,785 | |
| ASM International NV (Netherlands) | 23,573 | 16,164,327 | |
| ASML Holding NV (Netherlands) | 200,640 | 184,679,816 | |
| ASR Nederland NV | 79,256 | 3,977,378 | |
| BE Semiconductor Industries NV | 38,699 | 4,990,239 | |
| Euronext NV (c) | 40,244 | 4,072,305 | |
| EXOR NV | 49,913 | 5,110,135 | |
| Heineken Holding NV | 65,023 | 4,792,275 | |
| Heineken NV (Bearer) | 144,593 | 12,834,963 | |
| IMCD NV | 28,560 | 4,110,905 | |
| ING Groep NV (Certificaten Van Aandelen) | 1,658,249 | 30,098,793 | |
| JDE Peet's BV | 60,916 | 1,336,986 | |
| Koninklijke Ahold Delhaize NV | 473,941 | 15,268,106 | |
| Koninklijke KPN NV | 1,978,565 | 7,795,913 | |
| Koninklijke Philips Electronics NV | 403,656 | 11,338,571 | |
| NN Group NV | 140,110 | 7,026,722 | |
| OCI NV | 52,810 | 1,271,668 | |
| Randstad NV | 54,329 | 2,643,538 | |
| Universal Music Group NV | 412,989 | 9,839,253 | |
| Wolters Kluwer NV | 124,783 | 20,945,697 | |
TOTAL NETHERLANDS | 390,374,591 | ||
| New Zealand - 0.3% | |||
| Auckland International Airport Ltd. | 666,109 | 2,965,332 | |
| Fisher & Paykel Healthcare Corp. | 295,724 | 5,693,604 | |
| Mercury Nz Ltd. | 354,313 | 1,450,781 | |
| Meridian Energy Ltd. | 650,926 | 2,518,091 | |
| Spark New Zealand Ltd. | 905,699 | 2,327,632 | |
| Xero Ltd. (b) | 72,667 | 6,566,394 | |
TOTAL NEW ZEALAND | 21,521,834 | ||
| Norway - 0.6% | |||
| Aker BP ASA | 158,569 | 3,849,919 | |
| DNB Bank ASA | 426,089 | 8,806,396 | |
| Equinor ASA | 452,464 | 11,981,335 | |
| Gjensidige Forsikring ASA | 100,466 | 1,699,817 | |
| Kongsberg Gruppen ASA | 44,149 | 4,434,889 | |
| Mowi ASA | 233,695 | 3,945,394 | |
| Norsk Hydro ASA | 666,344 | 3,696,114 | |
| Orkla ASA | 351,873 | 2,970,277 | |
| Salmar ASA | 33,109 | 1,905,711 | |
| Telenor ASA | 315,822 | 3,763,025 | |
TOTAL NORWAY | 47,052,877 | ||
| Poland - 0.0% | |||
| InPost SA (b) | 100,391 | 1,736,198 | |
| Portugal - 0.2% | |||
| Energias de Portugal SA | 1,592,544 | 6,549,417 | |
| Galp Energia SGPS SA | 233,502 | 4,916,425 | |
| Jeronimo Martins SGPS SA | 142,800 | 2,495,907 | |
TOTAL PORTUGAL | 13,961,749 | ||
| Singapore - 1.5% | |||
| CapitaLand Ascendas REIT | 1,878,789 | 3,823,076 | |
| CapitaLand Integrated Commercial Trust | 2,708,527 | 4,214,660 | |
| CapitaLand Investment Ltd. | 1,309,065 | 2,644,180 | |
| DBS Group Holdings Ltd. | 1,000,605 | 27,389,943 | |
| Genting Singapore Ltd. | 3,029,600 | 1,926,506 | |
| Grab Holdings Ltd. (b) | 1,055,630 | 3,483,579 | |
| Keppel Ltd. | 731,100 | 3,631,708 | |
| Oversea-Chinese Banking Corp. Ltd. | 1,700,464 | 18,891,217 | |
| Sea Ltd. ADR Class A (b) | 183,900 | 12,082,230 | |
| Sembcorp Industries Ltd. | 455,900 | 1,626,874 | |
| Singapore Airlines Ltd. (a) | 748,790 | 3,904,441 | |
| Singapore Exchange Ltd. | 431,500 | 3,179,678 | |
| Singapore Technologies Engineering Ltd. | 785,400 | 2,597,043 | |
| Singapore Telecommunications Ltd. | 4,148,900 | 9,559,820 | |
| STMicroelectronics NV (France) | 339,974 | 11,258,868 | |
| United Overseas Bank Ltd. | 634,972 | 15,367,206 | |
TOTAL SINGAPORE | 125,581,029 | ||
| South Africa - 0.2% | |||
| Anglo American PLC (United Kingdom) | 638,064 | 19,343,752 | |
| Spain - 2.6% | |||
| Acciona SA | 12,866 | 1,663,945 | |
| ACS Actividades de Construccion y Servicios SA | 111,589 | 4,982,855 | |
| Aena SME SA (c) | 38,112 | 7,222,299 | |
| Amadeus IT Holding SA Class A | 226,783 | 14,907,777 | |
| Banco Bilbao Vizcaya Argentaria SA | 2,934,067 | 30,752,593 | |
| Banco de Sabadell SA | 2,739,414 | 5,787,155 | |
| Banco Santander SA (Spain) | 7,959,955 | 38,400,023 | |
| CaixaBank SA | 1,891,020 | 11,028,885 | |
| Cellnex Telecom SA (c) | 249,539 | 8,703,106 | |
| EDP Renovaveis SA | 158,365 | 2,457,740 | |
| Endesa SA | 165,681 | 3,209,618 | |
| Grifols SA (a)(b) | 150,141 | 1,510,833 | |
| Iberdrola SA | 2,987,946 | 39,465,393 | |
| Industria de Diseno Textil SA | 549,073 | 26,678,840 | |
| Redeia Corp. SA | 213,484 | 3,782,175 | |
| Repsol SA | 614,426 | 8,763,515 | |
| Telefonica SA (a) | 2,331,655 | 10,560,625 | |
TOTAL SPAIN | 219,877,377 | ||
| Sweden - 3.1% | |||
| Alfa Laval AB | 145,291 | 6,417,159 | |
| ASSA ABLOY AB (B Shares) | 503,410 | 15,331,003 | |
| Atlas Copco AB: | |||
| (A Shares) | 1,360,404 | 24,212,006 | |
| (B Shares) | 770,887 | 12,060,856 | |
| Beijer Ref AB (B Shares) | 181,087 | 2,874,612 | |
| Boliden AB | 137,394 | 4,190,124 | |
| Epiroc AB: | |||
| (A Shares) | 331,586 | 6,189,181 | |
| (B Shares) | 195,181 | 3,278,775 | |
| EQT AB | 187,599 | 6,076,840 | |
| Essity AB (B Shares) | 306,236 | 8,615,854 | |
| Evolution AB (c) | 92,358 | 8,946,652 | |
| Fastighets AB Balder (b) | 332,697 | 2,448,659 | |
| Getinge AB (B Shares) | 114,820 | 2,239,747 | |
| H&M Hennes & Mauritz AB (B Shares) | 288,217 | 4,474,291 | |
| Hexagon AB (B Shares) | 1,043,190 | 10,624,312 | |
| Holmen AB (B Shares) | 38,373 | 1,507,802 | |
| Husqvarna AB (B Shares) | 176,029 | 1,189,394 | |
| Industrivarden AB: | |||
| (A Shares) | 62,997 | 2,158,882 | |
| (C Shares) | 77,650 | 2,631,306 | |
| Indutrade AB | 137,195 | 4,027,762 | |
| Investment AB Latour (B Shares) | 74,284 | 2,180,131 | |
| Investor AB (B Shares) | 869,370 | 24,662,403 | |
| L E Lundbergforetagen AB (B Shares) | 37,994 | 1,919,355 | |
| Lifco AB (B Shares) | 117,034 | 3,470,847 | |
| Nibe Industrier AB (B Shares) (a) | 760,629 | 3,338,921 | |
| Saab AB (B Shares) | 160,821 | 3,713,523 | |
| Sagax AB | 110,376 | 2,725,079 | |
| Sandvik AB | 535,542 | 10,963,522 | |
| Securitas AB (B Shares) | 246,689 | 2,651,356 | |
| Skandinaviska Enskilda Banken AB (A Shares) | 796,666 | 12,274,483 | |
| Skanska AB (B Shares) | 170,766 | 3,334,252 | |
| SKF AB (B Shares) | 171,051 | 3,177,697 | |
| Svenska Cellulosa AB SCA (B Shares) | 304,568 | 4,140,842 | |
| Svenska Handelsbanken AB (A Shares) | 732,236 | 7,391,096 | |
| Swedbank AB (A Shares) | 426,134 | 9,072,438 | |
| Swedish Orphan Biovitrum AB (b) | 97,761 | 2,554,208 | |
| Tele2 AB (B Shares) | 269,256 | 2,770,703 | |
| Telefonaktiebolaget LM Ericsson (B Shares) | 1,392,027 | 9,571,385 | |
| Telia Co. AB | 1,184,164 | 3,442,183 | |
| Trelleborg AB (B Shares) | 108,046 | 4,013,437 | |
| Volvo AB: | |||
| (A Shares) | 100,613 | 2,613,691 | |
| (B Shares) | 797,639 | 20,355,838 | |
| Volvo Car AB (b) | 373,844 | 1,058,780 | |
TOTAL SWEDEN | 270,891,387 | ||
| Switzerland - 6.2% | |||
| ABB Ltd. (Reg.) | 803,415 | 44,594,861 | |
| Adecco SA (Reg.) | 84,442 | 2,882,236 | |
| Avolta AG | 45,836 | 1,729,458 | |
| Bachem Holding AG (B Shares) (a) | 16,933 | 1,524,983 | |
| Baloise Holdings AG | 22,964 | 4,120,570 | |
| Banque Cantonale Vaudoise | 15,042 | 1,600,596 | |
| Barry Callebaut AG | 1,791 | 2,887,229 | |
| BKW AG | 10,756 | 1,945,945 | |
| Chocoladefabriken Lindt & Spruengli AG | 488 | 6,121,196 | |
| Chocoladefabriken Lindt & Spruengli AG | 54 | 6,681,173 | |
| Clariant AG (Reg.) | 108,236 | 1,611,671 | |
| Compagnie Financiere Richemont SA Series A | 269,899 | 41,168,065 | |
| DSM-Firmenich AG | 93,369 | 11,928,787 | |
| Ems-Chemie Holding AG | 3,526 | 2,946,535 | |
| Geberit AG (Reg.) | 16,779 | 10,712,562 | |
| Givaudan SA | 4,637 | 22,753,129 | |
| Helvetia Holding AG (Reg.) | 18,607 | 2,781,246 | |
| Julius Baer Group Ltd. | 103,456 | 5,661,904 | |
| Kuehne & Nagel International AG | 24,245 | 7,526,930 | |
| Logitech International SA (Reg.) | 78,176 | 7,052,094 | |
| Lonza Group AG | 37,391 | 25,022,470 | |
| Novartis AG | 989,734 | 110,481,876 | |
| Partners Group Holding AG | 11,399 | 15,382,644 | |
| Sandoz Group AG | 205,532 | 8,914,592 | |
| Schindler Holding AG: | |||
| (participation certificate) | 20,668 | 5,533,443 | |
| (Reg.) | 11,581 | 3,041,208 | |
| SGS SA (Reg.) | 75,283 | 8,242,320 | |
| Sig Group AG | 153,576 | 3,228,114 | |
| Sika AG | 76,561 | 23,271,404 | |
| Sonova Holding AG | 25,447 | 7,807,322 | |
| Straumann Holding AG | 56,050 | 7,227,746 | |
| Swatch Group AG (Bearer) | 14,274 | 2,939,801 | |
| Swatch Group AG (Bearer) (Reg.) | 27,521 | 1,116,203 | |
| Swiss Life Holding AG | 14,820 | 11,376,492 | |
| Swiss Prime Site AG | 38,919 | 3,904,093 | |
| Swisscom AG | 13,008 | 7,973,004 | |
| Temenos AG | 32,074 | 2,225,356 | |
| UBS Group AG | 1,651,511 | 50,161,530 | |
| VAT Group AG (c) | 13,555 | 6,799,506 | |
| Zurich Insurance Group Ltd. | 73,501 | 40,462,185 | |
TOTAL SWITZERLAND | 533,342,479 | ||
| United Arab Emirates - 0.0% | |||
| NMC Health PLC (b)(e) | 55,366 | 1 | |
| United Kingdom - 11.0% | |||
| 3i Group PLC | 488,795 | 19,664,580 | |
| Admiral Group PLC | 130,621 | 4,624,512 | |
| Ashtead Group PLC | 219,549 | 15,811,153 | |
| Associated British Foods PLC | 169,874 | 5,420,229 | |
| AstraZeneca PLC (United Kingdom) | 778,428 | 123,669,544 | |
| Auto Trader Group PLC (c) | 452,538 | 4,740,273 | |
| Aviva PLC | 1,358,254 | 8,734,009 | |
| BAE Systems PLC | 1,519,502 | 25,342,427 | |
| Barclays PLC | 7,544,404 | 22,560,080 | |
| Barratt Developments PLC | 488,974 | 3,310,210 | |
| Berkeley Group Holdings PLC | 53,152 | 3,469,890 | |
| British American Tobacco PLC (United Kingdom) | 1,008,861 | 35,795,430 | |
| BT Group PLC | 3,247,340 | 5,879,949 | |
| Bunzl PLC | 169,739 | 7,109,216 | |
| Burberry Group PLC | 179,422 | 1,795,623 | |
| Centrica PLC | 2,692,349 | 4,587,753 | |
| CK Hutchison Holdings Ltd. | 1,343,500 | 7,018,593 | |
| Coca-Cola Europacific Partners PLC | 103,646 | 7,645,965 | |
| Compass Group PLC | 855,030 | 26,330,664 | |
| Croda International PLC | 66,575 | 3,459,366 | |
| DCC PLC (United Kingdom) | 49,583 | 3,416,540 | |
| Diageo PLC | 1,117,496 | 34,770,870 | |
| Entain PLC | 320,424 | 2,352,069 | |
| Flutter Entertainment PLC (b) | 89,094 | 17,609,724 | |
| Halma PLC | 190,663 | 6,524,744 | |
| Hargreaves Lansdown PLC | 178,584 | 2,536,844 | |
| HSBC Holdings PLC (United Kingdom) | 9,480,589 | 86,217,448 | |
| Imperial Brands PLC | 412,404 | 11,366,616 | |
| Informa PLC | 682,878 | 7,630,479 | |
| InterContinental Hotel Group PLC | 81,861 | 8,247,142 | |
| Intertek Group PLC | 81,025 | 5,260,165 | |
| J Sainsbury PLC | 834,619 | 2,954,889 | |
| JD Sports Fashion PLC | 1,299,246 | 2,198,043 | |
| Kingfisher PLC | 937,696 | 3,333,633 | |
| Land Securities Group PLC | 355,192 | 2,901,802 | |
| Legal & General Group PLC | 3,001,104 | 8,939,146 | |
| Lloyds Banking Group PLC | 31,796,443 | 24,290,897 | |
| London Stock Exchange Group PLC | 228,716 | 27,840,623 | |
| M&G PLC | 1,131,949 | 3,089,341 | |
| Melrose Industries PLC | 658,308 | 4,982,943 | |
| National Grid PLC | 2,414,329 | 30,633,440 | |
| NatWest Group PLC | 3,284,449 | 15,583,030 | |
| Next PLC | 60,674 | 7,077,671 | |
| Pearson PLC | 306,768 | 4,162,222 | |
| Persimmon PLC | 160,398 | 3,275,481 | |
| Phoenix Group Holdings PLC | 351,772 | 2,473,646 | |
| Reckitt Benckiser Group PLC | 354,815 | 19,086,793 | |
| RELX PLC (London Stock Exchange) | 942,891 | 44,502,111 | |
| Rentokil Initial PLC | 1,267,694 | 7,740,738 | |
| Rolls-Royce Holdings PLC (b) | 4,225,550 | 24,466,792 | |
| Sage Group PLC | 504,459 | 7,042,789 | |
| Schroders PLC | 404,675 | 2,043,463 | |
| Segro PLC | 638,468 | 7,516,727 | |
| Severn Trent PLC | 135,888 | 4,491,301 | |
| Smith & Nephew PLC | 439,209 | 6,330,244 | |
| Smiths Group PLC | 173,949 | 3,993,856 | |
| Spirax-Sarco Engineering PLC | 36,943 | 4,302,782 | |
| SSE PLC | 550,790 | 13,315,220 | |
| Standard Chartered PLC (United Kingdom) | 1,107,994 | 10,945,080 | |
| Taylor Wimpey PLC | 1,775,054 | 3,636,241 | |
| Tesco PLC | 3,534,903 | 15,074,498 | |
| Unilever PLC | 1,258,233 | 77,324,345 | |
| United Utilities Group PLC | 344,496 | 4,578,227 | |
| Vodafone Group PLC | 11,556,688 | 10,814,173 | |
| Whitbread PLC | 92,453 | 3,458,621 | |
| Wise PLC (b) | 308,400 | 2,840,662 | |
| WPP PLC | 540,999 | 5,218,522 | |
TOTAL UNITED KINGDOM | 945,362,099 | ||
| United States of America - 9.2% | |||
| Alcon, Inc. (Switzerland) | 250,930 | 23,836,563 | |
| BP PLC | 8,447,973 | 49,936,917 | |
| CSL Ltd. | 242,674 | 49,151,530 | |
| CyberArk Software Ltd. (b) | 21,208 | 5,437,307 | |
| Experian PLC | 461,275 | 21,774,669 | |
| Ferrovial SE | 262,047 | 10,419,477 | |
| GSK PLC | 2,081,195 | 40,414,281 | |
| Haleon PLC | 3,440,836 | 15,433,536 | |
| Holcim AG | 261,703 | 24,456,252 | |
| James Hardie Industries PLC CDI (b) | 218,739 | 7,820,236 | |
| Monday.com Ltd. (b) | 18,424 | 4,234,019 | |
| Nestle SA (Reg. S) | 1,340,766 | 135,809,746 | |
| QIAGEN NV (Germany) | 111,023 | 4,959,984 | |
| Roche Holding AG: | |||
| (Bearer) | 16,189 | 5,713,873 | |
| (participation certificate) | 352,663 | 114,178,036 | |
| Sanofi SA | 571,624 | 58,930,167 | |
| Schneider Electric SA | 273,303 | 65,875,660 | |
| Shell PLC (London) | 3,215,507 | 117,249,876 | |
| Stellantis NV (Italy) | 1,112,341 | 18,543,814 | |
| Swiss Re Ltd. | 151,425 | 18,709,247 | |
| Tenaris SA | 237,068 | 3,761,519 | |
TOTAL UNITED STATES OF AMERICA | 796,646,709 | ||
| TOTAL COMMON STOCKS (Cost $6,722,008,198) | 8,503,672,226 | ||
| Nonconvertible Preferred Stocks - 0.4% | |||
| Shares | Value ($) | ||
| Germany - 0.4% | |||
| Bayerische Motoren Werke AG (BMW) (non-vtg.) | 29,065 | 2,496,002 | |
| Dr. Ing. h.c. F. Porsche AG Series F (c) | 57,197 | 4,306,975 | |
| Henkel AG & Co. KGaA | 85,121 | 7,286,866 | |
| Porsche Automobil Holding SE (Germany) | 76,760 | 3,431,132 | |
| Sartorius AG (non-vtg.) | 13,153 | 3,739,491 | |
| Volkswagen AG | 103,843 | 11,589,198 | |
| TOTAL NONCONVERTIBLE PREFERRED STOCKS (Cost $36,332,788) | 32,849,664 | ||
| Government Obligations - 0.1% | |||
Principal Amount (f) | Value ($) | ||
| United States of America - 0.1% | |||
U.S. Treasury Bills, yield at date of purchase 5.31% 8/22/24 (g) (Cost $6,883,886) | 6,905,000 | 6,883,752 | |
| Money Market Funds - 0.8% | |||
| Shares | Value ($) | ||
| Fidelity Cash Central Fund 5.39% (h) | 46,331,105 | 46,340,371 | |
| Fidelity Securities Lending Cash Central Fund 5.39% (h)(i) | 27,950,707 | 27,953,502 | |
| TOTAL MONEY MARKET FUNDS (Cost $74,293,873) | 74,293,873 | ||
| TOTAL INVESTMENT IN SECURITIES - 99.9% (Cost $6,839,518,745) | 8,617,699,515 |
NET OTHER ASSETS (LIABILITIES) - 0.1% | 6,379,719 |
| NET ASSETS - 100.0% | 8,624,079,234 |
| Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount ($) | Value ($) | Unrealized Appreciation/ (Depreciation) ($) | |
| Purchased | |||||
| Equity Index Contracts | |||||
| ICE MSCI EAFE Index Contracts (United States) | 732 | Sep 2024 | 87,463,020 | 2,100,308 | 2,100,308 |
| The notional amount of futures purchased as a percentage of Net Assets is 1.0% | |||||
Legend
| (a) | Security or a portion of the security is on loan at period end. |
| (b) | Non-income producing |
| (c) | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $102,620,187 or 1.2% of net assets. |
| (d) | Security or a portion of the security purchased on a delayed delivery or when-issued basis. |
| (e) | Level 3 security |
| (f) | Amount is stated in United States dollars unless otherwise noted. |
| (g) | Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $2,798,362. |
| (h) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request. |
| (i) | Investment made with cash collateral received from securities on loan. |
Affiliated Central Funds
Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.
| Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) | % ownership, end of period |
| Fidelity Cash Central Fund 5.39% | 38,217,789 | 2,412,878,451 | 2,404,756,112 | 5,158,875 | 243 | - | 46,340,371 | 0.1% |
| Fidelity Securities Lending Cash Central Fund 5.39% | 21,059,609 | 123,332,308 | 116,438,415 | 139,659 | - | - | 27,953,502 | 0.1% |
| Total | 59,277,398 | 2,536,210,759 | 2,521,194,527 | 5,298,534 | 243 | - | 74,293,873 | |
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.
Investment Valuation
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 1 - Unadjusted quoted prices in active markets for identical investments
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)
Valuation techniques used to value investments by major category are as follows:
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. Government 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.
Derivative Instruments
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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