Vanguard® Small-Cap Growth Index Fund
Schedule of Investments (unaudited)
As of September 30, 2022
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports are available on the SEC’s website at www.sec.gov.
Shares | Market Value ($000) | |||||
Common Stocks (99.8%) | ||||||
Basic Materials (2.1%) | ||||||
Royal Gold Inc. | 963,064 | 90,355 | ||||
* | RBC Bearings Inc. | 424,488 | 88,213 | |||
* | Livent Corp. | 2,629,471 | 80,593 | |||
Hexcel Corp. | 1,234,158 | 63,831 | ||||
Balchem Corp. | 471,170 | 57,285 | ||||
* | MP Materials Corp. | 1,431,658 | 39,084 | |||
NewMarket Corp. | 110,285 | 33,177 | ||||
* | Ingevity Corp. | 530,665 | 32,174 | |||
Quaker Chemical Corp. | 197,148 | 28,464 | ||||
*,1 | Amyris Inc. | 3,063,269 | 8,945 | |||
* | Century Aluminum Co. | 735,233 | 3,882 | |||
526,003 | ||||||
Consumer Discretionary (14.4%) | ||||||
* | Liberty Media Corp.-Liberty Formula One Class C | 2,877,831 | 168,353 | |||
* | Deckers Outdoor Corp. | 389,190 | 121,665 | |||
* | Five Below Inc. | 773,465 | 106,483 | |||
* | Floor & Decor Holdings Inc. Class A | 1,478,054 | 103,848 | |||
Churchill Downs Inc. | 497,713 | 91,654 | ||||
Nexstar Media Group Inc. Class A | 540,569 | 90,194 | ||||
Pool Corp. | 275,880 | 87,788 | ||||
Texas Roadhouse Inc. Class A | 980,748 | 85,580 | ||||
*,1 | DraftKings Inc. Class A | 5,595,128 | 84,710 | |||
Gentex Corp. | 3,449,707 | 82,241 | ||||
Wyndham Hotels & Resorts Inc. | 1,325,119 | 81,296 | ||||
* | RH | 289,760 | 71,301 | |||
* | Planet Fitness Inc. Class A | 1,236,089 | 71,273 | |||
* | SiteOne Landscape Supply Inc. | 660,889 | 68,825 | |||
* | Penn Entertainment Inc. | 2,327,541 | 64,031 | |||
Vail Resorts Inc. | 295,149 | 63,646 | ||||
* | Skechers USA Inc. Class A | 1,978,682 | 62,764 | |||
Choice Hotels International Inc. | 572,973 | 62,752 | ||||
* | IAA Inc. | 1,962,800 | 62,515 | |||
* | Crocs Inc. | 859,443 | 59,009 | |||
Tempur Sealy International Inc. | 2,400,382 | 57,945 | ||||
* | Lyft Inc. Class A | 4,296,268 | 56,582 | |||
* | Hyatt Hotels Corp. Class A | 698,595 | 56,558 | |||
Wingstop Inc. | 439,019 | 55,062 | ||||
Boyd Gaming Corp. | 1,097,614 | 52,301 | ||||
* | Fox Factory Holding Corp. | 620,301 | 49,053 | |||
* | Bright Horizons Family Solutions Inc. | 848,490 | 48,915 | |||
World Wrestling Entertainment Inc. Class A | 635,611 | 44,601 |
Shares | Market Value ($000) | |||||
* | Visteon Corp. | 412,750 | 43,776 | |||
* | Ollie's Bargain Outlet Holdings Inc. | 825,465 | 42,594 | |||
* | Hilton Grand Vacations Inc. | 1,294,201 | 42,566 | |||
* | Skyline Champion Corp. | 793,416 | 41,948 | |||
* | Topgolf Callaway Brands Corp. | 2,034,514 | 39,185 | |||
* | Grand Canyon Education Inc. | 469,291 | 38,599 | |||
* | Chegg Inc. | 1,760,669 | 37,097 | |||
*,1 | Wayfair Inc. Class A | 1,125,248 | 36,627 | |||
* | Duolingo Inc. Class A | 382,259 | 36,403 | |||
LCI Industries | 354,683 | 35,986 | ||||
* | YETI Holdings Inc. | 1,200,421 | 34,236 | |||
* | TripAdvisor Inc. | 1,490,189 | 32,903 | |||
Papa John's International Inc. | 466,419 | 32,654 | ||||
* | Dorman Products Inc. | 392,360 | 32,221 | |||
* | Madison Square Garden Sports Corp. | 231,117 | 31,584 | |||
Columbia Sportswear Co. | 455,792 | 30,675 | ||||
* | Light & Wonder Inc. | 692,542 | 29,696 | |||
* | Peloton Interactive Inc. Class A | 4,279,866 | 29,659 | |||
*,1 | Leslie's Inc. | 2,012,926 | 29,610 | |||
*,1 | Carvana Co. Class A | 1,398,366 | 28,387 | |||
*,1 | QuantumScape Corp. Class A | 3,334,178 | 28,040 | |||
* | SeaWorld Entertainment Inc. | 594,706 | 27,065 | |||
* | Sonos Inc. | 1,865,779 | 25,934 | |||
Red Rock Resorts Inc. Class A | 728,284 | 24,951 | ||||
* | Sabre Corp. | 4,820,088 | 24,823 | |||
* | Shake Shack Inc. Class A | 547,146 | 24,611 | |||
* | Frontdoor Inc. | 1,194,836 | 24,363 | |||
* | Gentherm Inc. | 486,259 | 24,182 | |||
* | Driven Brands Holdings Inc. | 859,728 | 24,055 | |||
Ralph Lauren Corp. Class A | 282,991 | 24,034 | ||||
* | LGI Homes Inc. | 290,008 | 23,598 | |||
Jack in the Box Inc. | 308,737 | 22,868 | ||||
*,1 | Luminar Technologies Inc. Class A | 3,059,403 | 22,288 | |||
*,1 | iRobot Corp. | 379,212 | 21,361 | |||
*,1 | Sweetgreen Inc. Class A | 1,133,624 | 20,972 | |||
* | Dave & Buster's Entertainment Inc. | 610,073 | 18,931 | |||
Levi Strauss & Co. Class A | 1,306,011 | 18,898 | ||||
* | National Vision Holdings Inc. | 578,361 | 18,884 | |||
* | Six Flags Entertainment Corp. | 1,035,506 | 18,328 | |||
* | Madison Square Garden Entertainment Corp. | 401,474 | 17,701 | |||
* | Liberty Media Corp.-Liberty Formula One Class A | 333,343 | 17,507 | |||
* | Allegiant Travel Co. | 226,659 | 16,542 | |||
* | Overstock.com Inc. | 670,199 | 16,319 | |||
* | Coursera Inc. | 1,496,160 | 16,129 | |||
*,1 | Dutch Bros Inc. Class A | 493,003 | 15,357 | |||
Spirit Airlines Inc. | 800,653 | 15,068 | ||||
* | Figs Inc. Class A | 1,746,070 | 14,405 | |||
1 | Camping World Holdings Inc. Class A | 552,389 | 13,987 | |||
Steven Madden Ltd. | 521,209 | 13,901 | ||||
* | elf Beauty Inc. | 365,197 | 13,739 | |||
*,1 | Petco Health & Wellness Co. Inc. Class A | 1,169,560 | 13,052 | |||
* | Revolve Group Inc. Class A | 597,218 | 12,954 | |||
* | Boot Barn Holdings Inc. | 218,530 | 12,775 | |||
* | Cavco Industries Inc. | 61,922 | 12,741 | |||
* | Stride Inc. | 297,859 | 12,519 | |||
* | ACV Auctions Inc. Class A | 1,689,133 | 12,145 | |||
*,1 | Fisker Inc. Class A | 1,517,143 | 11,454 | |||
Monro Inc. | 236,070 | 10,260 |
Shares | Market Value ($000) | |||||
Inter Parfums Inc. | 128,464 | 9,694 | ||||
*,1 | Mister Car Wash Inc. | 1,115,457 | 9,571 | |||
*,1 | Portillo's Inc. Class A | 400,644 | 7,889 | |||
* | Poshmark Inc. Class A | 433,876 | 6,799 | |||
*,1 | Bed Bath & Beyond Inc. | 1,113,674 | 6,782 | |||
* | 2U Inc. | 1,077,175 | 6,732 | |||
* | Sun Country Airlines Holdings Inc. | 467,934 | 6,369 | |||
*,1 | Corsair Gaming Inc. | 560,720 | 6,364 | |||
* | Vizio Holding Corp. Class A | 683,556 | 5,974 | |||
* | Integral Ad Science Holding Corp. | 798,889 | 5,784 | |||
*,1 | Canoo Inc. | 2,801,804 | 5,253 | |||
* | Sleep Number Corp. | 153,593 | 5,193 | |||
* | EW Scripps Co. Class A | 449,159 | 5,062 | |||
*,1 | ContextLogic Inc. Class A | 6,681,368 | 4,903 | |||
* | Frontier Group Holdings Inc. | 477,790 | 4,635 | |||
*,1 | Vacasa Inc. Class A | 1,498,157 | 4,599 | |||
*,1 | SES AI Corp. | 893,684 | 4,361 | |||
*,1 | Allbirds Inc. Class A | 1,401,580 | 4,261 | |||
* | Stitch Fix Inc. Class A | 1,029,307 | 4,066 | |||
* | Sciplay Corp. Class A | 328,402 | 3,862 | |||
*,1 | Bowlero Corp. | 285,380 | 3,513 | |||
* | Life Time Group Holdings Inc. | 355,825 | 3,469 | |||
*,1 | Dream Finders Homes Inc. Class A | 310,000 | 3,286 | |||
* | Rush Street Interactive Inc. | 843,991 | 3,106 | |||
* | Angi Inc. Class A | 1,011,083 | 2,983 | |||
* | Arhaus Inc. Class A | 311,859 | 2,199 | |||
* | Latham Group Inc. | 599,774 | 2,153 | |||
* | Cardlytics Inc. | 228,658 | 2,149 | |||
1 | Weber Inc. Class A | 155,780 | 1,024 | |||
* | Brilliant Earth Group Inc. Class A | 161,238 | 924 | |||
*,1 | Solo Brands Inc. Class A | 138,831 | 528 | |||
3,667,579 | ||||||
Consumer Staples (3.1%) | ||||||
* | Darling Ingredients Inc. | 2,352,846 | 155,641 | |||
Casey's General Stores Inc. | 546,424 | 110,662 | ||||
* | Celsius Holdings Inc. | 610,499 | 55,360 | |||
* | Boston Beer Co. Inc. Class A | 135,098 | 43,724 | |||
Lamb Weston Holdings Inc. | 526,866 | 40,769 | ||||
* | Simply Good Foods Co. | 1,250,951 | 40,018 | |||
* | BellRing Brands Inc. | 1,897,826 | 39,114 | |||
WD-40 Co. | 199,870 | 35,125 | ||||
* | Freshpet Inc. | 666,093 | 33,365 | |||
Cal-Maine Foods Inc. | 582,387 | 32,375 | ||||
* | Post Holdings Inc. | 394,248 | 32,293 | |||
Coca-Cola Consolidated Inc. | 67,490 | 27,788 | ||||
J & J Snack Foods Corp. | 168,838 | 21,859 | ||||
Lancaster Colony Corp. | 141,215 | 21,222 | ||||
* | Beauty Health Co. | 1,551,483 | 18,292 | |||
Medifast Inc. | 161,523 | 17,503 | ||||
National Beverage Corp. | 342,139 | 13,186 | ||||
*,1 | Beyond Meat Inc. | 840,149 | 11,905 | |||
* | USANA Health Sciences Inc. | 168,889 | 9,466 | |||
Utz Brands Inc. | 504,249 | 7,614 | ||||
* | Sovos Brands Inc. | 516,812 | 7,359 | |||
Tootsie Roll Industries Inc. | 207,152 | 6,894 |
Shares | Market Value ($000) | |||||
*,1 | BRC Inc. Class A | 289,467 | 2,238 | |||
* | Vital Farms Inc. | 178,786 | 2,140 | |||
785,912 | ||||||
Energy (5.2%) | ||||||
Targa Resources Corp. | 3,323,305 | 200,528 | ||||
Texas Pacific Land Corp. | 90,629 | 161,068 | ||||
EQT Corp. | 2,442,175 | 99,519 | ||||
PDC Energy Inc. | 1,412,867 | 81,650 | ||||
Matador Resources Co. | 1,646,299 | 80,537 | ||||
* | Denbury Inc. | 693,215 | 59,797 | |||
ChampionX Corp. | 2,978,811 | 58,295 | ||||
*,1 | ChargePoint Holdings Inc. | 3,709,139 | 54,747 | |||
Magnolia Oil & Gas Corp. Class A | 2,494,491 | 49,416 | ||||
Civitas Resources Inc. | 748,040 | 42,930 | ||||
* | Array Technologies Inc. | 2,094,014 | 34,719 | |||
Cactus Inc. Class A | 888,893 | 34,160 | ||||
SM Energy Co. | 898,749 | 33,802 | ||||
New Fortress Energy Inc. Class A | 760,802 | 33,255 | ||||
* | Callon Petroleum Co. | 905,687 | 31,708 | |||
* | Ameresco Inc. Class A | 471,349 | 31,335 | |||
Alpha Metallurgical Resources Inc. | 216,234 | 29,589 | ||||
* | Liberty Energy Inc. Class A | 2,329,750 | 29,541 | |||
* | Stem Inc. | 2,151,870 | 28,706 | |||
Enviva Inc. | 439,971 | 26,425 | ||||
* | Comstock Resources Inc. | 1,370,025 | 23,688 | |||
* | Shoals Technologies Group Inc. Class A | 908,619 | 19,581 | |||
* | FuelCell Energy Inc. | 5,386,164 | 18,367 | |||
* | Oceaneering International Inc. | 1,470,051 | 11,702 | |||
* | NexTier Oilfield Solutions Inc. | 1,524,502 | 11,281 | |||
* | Dril-Quip Inc. | 503,931 | 9,837 | |||
* | Tellurian Inc. | 3,751,905 | 8,967 | |||
RPC Inc. | 1,275,892 | 8,842 | ||||
1 | Kinetik Holdings Inc. Class A | 237,813 | 7,748 | |||
* | Helix Energy Solutions Group Inc. | 1,054,446 | 4,070 | |||
*,1 | EVgo Inc. | 505,334 | 3,997 | |||
*,1 | OPAL Fuels Inc. | 27,684 | 229 | |||
1,330,036 | ||||||
Financials (5.2%) | ||||||
LPL Financial Holdings Inc. | 555,780 | 121,427 | ||||
Pinnacle Financial Partners Inc. | 1,065,136 | 86,382 | ||||
*,1 | Robinhood Markets Inc. Class A | 8,281,852 | 83,647 | |||
Erie Indemnity Co. Class A | 372,724 | 82,860 | ||||
Kinsale Capital Group Inc. | 319,241 | 81,540 | ||||
Morningstar Inc. | 374,001 | 79,408 | ||||
* | Alleghany Corp. | 93,785 | 78,720 | |||
ServisFirst Bancshares Inc. | 717,297 | 57,384 | ||||
Blue Owl Capital Inc. Class A | 6,172,718 | 56,974 | ||||
*,1 | SoFi Technologies Inc. | 10,822,048 | 52,812 | |||
Western Alliance Bancorp | 754,189 | 49,580 | ||||
*,1 | Credit Acceptance Corp. | 94,724 | 41,489 | |||
* | Silvergate Capital Corp. Class A | 440,949 | 33,225 | |||
* | Trupanion Inc. | 537,684 | 31,955 | |||
Virtu Financial Inc. Class A | 1,436,014 | 29,826 | ||||
Hamilton Lane Inc. Class A | 464,848 | 27,710 | ||||
Houlihan Lokey Inc. Class A | 364,072 | 27,444 | ||||
* | Ryan Specialty Holdings Inc. Class A | 616,291 | 25,034 | |||
* | Focus Financial Partners Inc. Class A | 719,841 | 22,682 |
Shares | Market Value ($000) | |||||
Cohen & Steers Inc. | 357,047 | 22,362 | ||||
* | BRP Group Inc. Class A | 839,208 | 22,113 | |||
PJT Partners Inc. Class A | 319,671 | 21,360 | ||||
*,1 | Upstart Holdings Inc. | 954,131 | 19,836 | |||
StepStone Group Inc. Class A | 765,251 | 18,756 | ||||
*,1 | Marathon Digital Holdings Inc. | 1,627,615 | 17,432 | |||
*,1 | Riot Blockchain Inc. | 2,267,560 | 15,896 | |||
* | Palomar Holdings Inc. | 175,896 | 14,726 | |||
*,1 | Lemonade Inc. | 657,083 | 13,917 | |||
* | Open Lending Corp. Class A | 1,387,565 | 11,156 | |||
TFS Financial Corp. | 822,812 | 10,697 | ||||
Goosehead Insurance Inc. Class A | 271,094 | 9,662 | ||||
* | Triumph Bancorp Inc. | 170,445 | 9,264 | |||
* | Oscar Health Inc. Class A | 1,817,545 | 9,069 | |||
Live Oak Bancshares Inc. | 240,837 | 7,370 | ||||
P10 Inc. Class A | 565,768 | 5,952 | ||||
* | Clearwater Analytics Holdings Inc. Class A | 337,850 | 5,672 | |||
* | LendingTree Inc. | 159,037 | 3,795 | |||
* | AssetMark Financial Holdings Inc. | 164,046 | 3,000 | |||
*,1 | Hagerty Inc. Class A | 151,038 | 1,358 | |||
1,313,492 | ||||||
Health Care (22.0%) | ||||||
Bio-Techne Corp. | 575,235 | 163,367 | ||||
* | Repligen Corp. | 814,116 | 152,329 | |||
* | Neurocrine Biosciences Inc. | 1,402,908 | 149,003 | |||
* | Shockwave Medical Inc. | 500,706 | 139,231 | |||
* | Sarepta Therapeutics Inc. | 1,220,414 | 134,905 | |||
* | Penumbra Inc. | 528,222 | 100,151 | |||
* | Masimo Corp. | 693,749 | 97,930 | |||
Chemed Corp. | 218,654 | 95,456 | ||||
* | Apellis Pharmaceuticals Inc. | 1,370,292 | 93,591 | |||
* | Novocure Ltd. | 1,126,359 | 85,581 | |||
* | HealthEquity Inc. | 1,237,836 | 83,145 | |||
* | Ionis Pharmaceuticals Inc. | 1,874,630 | 82,915 | |||
Bruker Corp. | 1,521,479 | 80,730 | ||||
* | Halozyme Therapeutics Inc. | 2,021,545 | 79,932 | |||
* | Guardant Health Inc. | 1,425,198 | 76,718 | |||
* | Inspire Medical Systems Inc. | 422,420 | 74,925 | |||
* | Exelixis Inc. | 4,722,240 | 74,045 | |||
* | Charles River Laboratories International Inc. | 373,184 | 73,443 | |||
* | Option Care Health Inc. | 2,268,325 | 71,384 | |||
* | LHC Group Inc. | 432,553 | 70,792 | |||
* | Global Blood Therapeutics Inc. | 990,081 | 67,425 | |||
* | Lantheus Holdings Inc. | 958,287 | 67,396 | |||
* | Globus Medical Inc. Class A | 1,130,372 | 67,336 | |||
* | Cytokinetics Inc. | 1,311,715 | 63,553 | |||
Ensign Group Inc. | 770,768 | 61,276 | ||||
* | Intra-Cellular Therapies Inc. | 1,246,946 | 58,020 | |||
* | Blueprint Medicines Corp. | 876,620 | 57,760 | |||
* | Medpace Holdings Inc. | 363,844 | 57,185 | |||
* | Omnicell Inc. | 649,438 | 56,521 | |||
* | Intellia Therapeutics Inc. | 1,004,257 | 56,198 | |||
* | Natera Inc. | 1,280,964 | 56,132 | |||
* | Haemonetics Corp. | 753,113 | 55,753 | |||
* | Teladoc Health Inc. | 2,136,839 | 54,169 | |||
* | Alkermes plc | 2,410,882 | 53,835 | |||
* | PTC Therapeutics Inc. | 1,049,974 | 52,709 | |||
* | iRhythm Technologies Inc. | 418,607 | 52,443 |
Shares | Market Value ($000) | |||||
* | ICU Medical Inc. | 332,964 | 50,144 | |||
* | STAAR Surgical Co. | 705,030 | 49,740 | |||
* | QuidelOrtho Corp. | 687,234 | 49,123 | |||
* | Arrowhead Pharmaceuticals Inc. | 1,476,645 | 48,803 | |||
* | ChemoCentryx Inc. | 941,598 | 48,643 | |||
* | Merit Medical Systems Inc. | 833,330 | 47,091 | |||
* | Beam Therapeutics Inc. | 980,556 | 46,714 | |||
* | Amedisys Inc. | 476,259 | 46,097 | |||
* | Inari Medical Inc. | 626,252 | 45,491 | |||
*,1 | Ginkgo Bioworks Holdings Inc. | 14,512,181 | 45,278 | |||
* | Tandem Diabetes Care Inc. | 941,701 | 45,060 | |||
* | 1Life Healthcare Inc. | 2,584,069 | 44,317 | |||
* | Neogen Corp. | 3,168,708 | 44,267 | |||
* | Integra LifeSciences Holdings Corp. | 1,041,908 | 44,135 | |||
* | Evolent Health Inc. Class A | 1,209,646 | 43,463 | |||
* | Oak Street Health Inc. | 1,771,872 | 43,446 | |||
* | Axonics Inc. | 613,362 | 43,205 | |||
* | Amicus Therapeutics Inc. | 4,112,807 | 42,938 | |||
* | Exact Sciences Corp. | 1,297,371 | 42,152 | |||
* | Maravai LifeSciences Holdings Inc. Class A | 1,639,397 | 41,854 | |||
*,1 | Doximity Inc. Class A | 1,377,307 | 41,622 | |||
* | Ultragenyx Pharmaceutical Inc. | 976,877 | 40,452 | |||
* | R1 RCM Inc. | 2,135,245 | 39,566 | |||
* | Denali Therapeutics Inc. | 1,266,061 | 38,855 | |||
* | Insmed Inc. | 1,759,164 | 37,892 | |||
* | 10X Genomics Inc. Class A | 1,324,246 | 37,715 | |||
* | Progyny Inc. | 1,012,586 | 37,526 | |||
CONMED Corp. | 446,751 | 35,816 | ||||
* | Syneos Health Inc. | 753,009 | 35,504 | |||
* | Glaukos Corp. | 662,988 | 35,297 | |||
* | Corcept Therapeutics Inc. | 1,335,185 | 34,234 | |||
* | Pacira BioSciences Inc. | 638,364 | 33,955 | |||
* | NuVasive Inc. | 763,392 | 33,444 | |||
* | Signify Health Inc. Class A | 1,037,050 | 30,230 | |||
* | Relay Therapeutics Inc. | 1,322,190 | 29,577 | |||
* | ACADIA Pharmaceuticals Inc. | 1,779,773 | 29,117 | |||
* | Sage Therapeutics Inc. | 740,574 | 29,001 | |||
* | Vir Biotechnology Inc. | 1,459,917 | 28,147 | |||
* | Arvinas Inc. | 624,067 | 27,765 | |||
* | Fate Therapeutics Inc. | 1,208,973 | 27,093 | |||
* | Twist Bioscience Corp. | 743,772 | 26,211 | |||
* | Cerevel Therapeutics Holdings Inc. | 912,824 | 25,796 | |||
* | Mirati Therapeutics Inc. | 368,128 | 25,710 | |||
* | AtriCure Inc. | 646,672 | 25,285 | |||
* | Privia Health Group Inc. | 735,149 | 25,039 | |||
* | Certara Inc. | 1,758,380 | 23,351 | |||
* | Nevro Corp. | 492,832 | 22,966 | |||
* | Xencor Inc. | 875,281 | 22,740 | |||
* | Apollo Medical Holdings Inc. | 579,518 | 22,601 | |||
* | Silk Road Medical Inc. | 490,949 | 22,093 | |||
* | REVOLUTION Medicines Inc. | 1,093,093 | 21,556 | |||
* | Novavax Inc. | 1,148,708 | 20,906 | |||
* | Ironwood Pharmaceuticals Inc. Class A | 1,909,730 | 19,785 | |||
*,1 | Verve Therapeutics Inc. | 571,494 | 19,631 | |||
* | CorVel Corp. | 140,354 | 19,429 | |||
* | Cano Health Inc. | 2,213,559 | 19,192 | |||
*,1 | PROCEPT BioRobotics Corp. | 457,700 | 18,976 | |||
* | AdaptHealth Corp. Class A | 986,041 | 18,518 |
Shares | Market Value ($000) | |||||
*,1 | EQRx Inc. | 3,625,937 | 17,948 | |||
* | Cytek Biosciences Inc. | 1,184,718 | 17,439 | |||
* | Veracyte Inc. | 1,049,531 | 17,422 | |||
* | Harmony Biosciences Holdings Inc. | 390,203 | 17,282 | |||
* | BioCryst Pharmaceuticals Inc. | 1,363,157 | 17,176 | |||
*,1 | Amylyx Pharmaceuticals Inc. | 602,199 | 16,952 | |||
* | Vaxcyte Inc. | 695,982 | 16,704 | |||
* | FibroGen Inc. | 1,237,061 | 16,094 | |||
*,1 | Warby Parker Inc. Class A | 1,193,688 | 15,924 | |||
* | NeoGenomics Inc. | 1,752,301 | 15,087 | |||
* | REGENXBIO Inc. | 570,468 | 15,077 | |||
*,1 | Lyell Immunopharma Inc. | 1,998,646 | 14,650 | |||
* | Alignment Healthcare Inc. | 1,235,608 | 14,630 | |||
* | SpringWorks Therapeutics Inc. | 507,674 | 14,484 | |||
* | Gossamer Bio Inc. | 1,171,665 | 14,037 | |||
* | Surgery Partners Inc. | 593,398 | 13,886 | |||
* | Zentalis Pharmaceuticals Inc. | 626,339 | 13,566 | |||
* | Adaptive Biotechnologies Corp. | 1,885,433 | 13,424 | |||
* | CareDx Inc. | 783,906 | 13,342 | |||
* | Recursion Pharmaceuticals Inc. Class A | 1,210,771 | 12,883 | |||
* | Supernus Pharmaceuticals Inc. | 372,571 | 12,612 | |||
* | Editas Medicine Inc. Class A | 1,007,899 | 12,337 | |||
* | Treace Medical Concepts Inc. | 528,019 | 11,653 | |||
* | Allogene Therapeutics Inc. | 1,053,244 | 11,375 | |||
* | Agios Pharmaceuticals Inc. | 401,860 | 11,365 | |||
* | TG Therapeutics Inc. | 1,917,080 | 11,349 | |||
* | Outset Medical Inc. | 703,886 | 11,213 | |||
* | Innoviva Inc. | 919,805 | 10,679 | |||
* | American Well Corp. Class A | 2,822,687 | 10,133 | |||
* | Ligand Pharmaceuticals Inc. | 117,586 | 10,125 | |||
* | Sotera Health Co. | 1,451,844 | 9,902 | |||
* | Hims & Hers Health Inc. | 1,748,785 | 9,758 | |||
* | Arcus Biosciences Inc. | 369,644 | 9,670 | |||
* | Phreesia Inc. | 363,913 | 9,272 | |||
* | Kymera Therapeutics Inc. | 418,929 | 9,120 | |||
* | Nektar Therapeutics Class A | 2,742,386 | 8,776 | |||
* | Theravance Biopharma Inc. | 838,730 | 8,505 | |||
*,1 | Invitae Corp. | 3,449,898 | 8,487 | |||
*,1 | Sana Biotechnology Inc. | 1,392,372 | 8,354 | |||
*,1 | Butterfly Network Inc. | 1,776,018 | 8,347 | |||
* | Pulmonx Corp. | 490,903 | 8,178 | |||
*,1 | Clover Health Investments Corp. Class A | 4,775,803 | 8,119 | |||
* | Alector Inc. | 853,125 | 8,071 | |||
* | Inogen Inc. | 317,864 | 7,718 | |||
* | HealthStream Inc. | 360,774 | 7,670 | |||
* | Health Catalyst Inc. | 760,807 | 7,380 | |||
*,1 | LifeStance Health Group Inc. | 1,101,027 | 7,289 | |||
* | Agiliti Inc. | 487,293 | 6,973 | |||
*,1 | Erasca Inc. | 893,662 | 6,971 | |||
* | AnaptysBio Inc. | 268,561 | 6,851 | |||
* | PMV Pharmaceuticals Inc. | 567,427 | 6,752 | |||
* | Cullinan Oncology Inc. | 467,994 | 6,000 | |||
* | OPKO Health Inc. | 3,105,631 | 5,870 | |||
*,1 | ImmunityBio Inc. | 1,171,558 | 5,823 | |||
* | Seer Inc. Class A | 728,519 | 5,639 | |||
* | Rocket Pharmaceuticals Inc. | 338,324 | 5,400 | |||
* | GoodRx Holdings Inc. Class A | 1,111,510 | 5,191 | |||
*,1 | 23andMe Holding Co. | 1,806,751 | 5,167 |
Shares | Market Value ($000) | |||||
* | Accolade Inc. | 443,018 | 5,059 | |||
* | Sangamo Therapeutics Inc. | 974,020 | 4,773 | |||
* | Nuvation Bio Inc. | 2,075,720 | 4,650 | |||
* | NanoString Technologies Inc. | 340,163 | 4,344 | |||
* | Instil Bio Inc. | 854,406 | 4,135 | |||
* | Design Therapeutics Inc. | 204,173 | 3,414 | |||
* | Heron Therapeutics Inc. | 759,117 | 3,203 | |||
* | Atea Pharmaceuticals Inc. | 548,241 | 3,119 | |||
* | Pennant Group Inc. | 193,835 | 2,018 | |||
*,1 | SmileDirectClub Inc. Class A | 1,595,440 | 1,444 | |||
*,1 | Innovage Holding Corp. | 148,207 | 871 | |||
*,1 | P3 Health Partners Inc. | 182,325 | 842 | |||
* | Invivyd Inc. | 204,822 | 641 | |||
*,1 | Bright Green Corp. | 144,172 | 156 | |||
5,582,608 | ||||||
Industrials (18.2%) | ||||||
Nordson Corp. | 758,974 | 161,107 | ||||
* | Fair Isaac Corp. | 370,381 | 152,601 | |||
Graco Inc. | 2,479,742 | 148,661 | ||||
* | Paylocity Holding Corp. | 608,292 | 146,951 | |||
Toro Co. | 1,533,918 | 132,653 | ||||
Advanced Drainage Systems Inc. | 1,041,899 | 129,581 | ||||
* | WillScot Mobile Mini Holdings Corp. | 3,134,290 | 126,406 | |||
Watsco Inc. | 487,072 | 125,402 | ||||
Genpact Ltd. | 2,691,549 | 117,809 | ||||
* | Axon Enterprise Inc. | 990,908 | 114,698 | |||
Lennox International Inc. | 467,752 | 104,154 | ||||
Cognex Corp. | 2,417,028 | 100,186 | ||||
* | Chart Industries Inc. | 537,343 | 99,059 | |||
Jack Henry & Associates Inc. | 534,747 | 97,468 | ||||
A O Smith Corp. | 1,884,753 | 91,561 | ||||
* | Berry Global Group Inc. | 1,834,992 | 85,382 | |||
* | WEX Inc. | 648,014 | 82,259 | |||
MKS Instruments Inc. | 975,414 | 80,608 | ||||
Curtiss-Wright Corp. | 563,314 | 78,391 | ||||
* | TopBuild Corp. | 475,021 | 78,274 | |||
Landstar System Inc. | 534,439 | 77,157 | ||||
* | Saia Inc. | 387,549 | 73,634 | |||
Littelfuse Inc. | 363,280 | 72,180 | ||||
* | Trex Co. Inc. | 1,617,985 | 71,094 | |||
* | ExlService Holdings Inc. | 460,841 | 67,910 | |||
BWX Technologies Inc. | 1,338,502 | 67,420 | ||||
* | AMN Healthcare Services Inc. | 634,907 | 67,275 | |||
Exponent Inc. | 750,122 | 65,763 | ||||
* | ASGN Inc. | 699,777 | 63,239 | |||
* | GXO Logistics Inc. | 1,739,664 | 60,993 | |||
Eagle Materials Inc. | 552,507 | 59,218 | ||||
Insperity Inc. | 530,169 | 54,125 | ||||
Armstrong World Industries Inc. | 680,875 | 53,946 | ||||
* | Euronet Worldwide Inc. | 691,283 | 52,372 | |||
* | Bloom Energy Corp. Class A | 2,587,139 | 51,717 | |||
Maximus Inc. | 888,778 | 51,434 | ||||
* | Affirm Holdings Inc. Class A | 2,658,603 | 49,875 | |||
Simpson Manufacturing Co. Inc. | 633,630 | 49,677 | ||||
Franklin Electric Co. Inc. | 577,565 | 47,193 | ||||
* | Middleby Corp. | 367,085 | 47,049 | |||
* | Aerojet Rocketdyne Holdings Inc. | 1,121,738 | 44,858 | |||
John Bean Technologies Corp. | 467,856 | 40,236 |
Shares | Market Value ($000) | |||||
Badger Meter Inc. | 429,223 | 39,656 | ||||
* | TriNet Group Inc. | 546,492 | 38,921 | |||
Herc Holdings Inc. | 372,854 | 38,732 | ||||
Forward Air Corp. | 393,765 | 35,541 | ||||
* | Verra Mobility Corp. Class A | 2,246,308 | 34,526 | |||
* | ACI Worldwide Inc. | 1,639,713 | 34,270 | |||
Woodward Inc. | 418,995 | 33,629 | ||||
AAON Inc. | 623,577 | 33,598 | ||||
* | Mercury Systems Inc. | 803,363 | 32,617 | |||
* | Shift4 Payments Inc. Class A | 711,550 | 31,742 | |||
* | AeroVironment Inc. | 348,095 | 29,017 | |||
* | Itron Inc. | 661,821 | 27,869 | |||
* | Flywire Corp. | 1,200,327 | 27,560 | |||
Installed Building Products Inc. | 337,142 | 27,305 | ||||
* | AZEK Co. Inc. Class A | 1,561,459 | 25,951 | |||
Comfort Systems USA Inc. | 262,279 | 25,528 | ||||
* | ATI Inc. | 955,678 | 25,431 | |||
* | Air Transport Services Group Inc. | 1,035,826 | 24,953 | |||
Helios Technologies Inc. | 477,151 | 24,144 | ||||
Mueller Water Products Inc. Class A | 2,296,923 | 23,589 | ||||
* | Evo Payments Inc. Class A | 703,158 | 23,415 | |||
* | Marqeta Inc. Class A | 3,278,305 | 23,342 | |||
* | Masonite International Corp. | 326,482 | 23,275 | |||
Lindsay Corp. | 160,973 | 23,064 | ||||
* | Core & Main Inc. Class A | 1,008,301 | 22,929 | |||
* | Dycom Industries Inc. | 205,152 | 19,598 | |||
* | Vicor Corp. | 330,730 | 19,559 | |||
* | Kratos Defense & Security Solutions Inc. | 1,846,733 | 18,763 | |||
* | Enovix Corp. | 864,300 | 15,847 | |||
* | TuSimple Holdings Inc. Class A | 2,057,788 | 15,639 | |||
* | BTRS Holdings Inc. | 1,648,012 | 15,261 | |||
* | Proto Labs Inc. | 403,305 | 14,692 | |||
Tennant Co. | 258,925 | 14,645 | ||||
* | Hillman Solutions Corp. | 1,852,630 | 13,969 | |||
* | Remitly Global Inc. | 1,231,972 | 13,700 | |||
*,1 | Legalzoom.com Inc. | 1,568,904 | 13,446 | |||
*,1 | Nikola Corp. | 3,813,856 | 13,425 | |||
*,1 | Virgin Galactic Holdings Inc. | 2,845,134 | 13,401 | |||
* | Hayward Holdings Inc. | 1,424,514 | 12,635 | |||
* | PureCycle Technologies Inc. | 1,557,955 | 12,573 | |||
*,1 | Aurora Innovation Inc. | 5,310,241 | 11,736 | |||
* | Payoneer Global Inc. | 1,777,616 | 10,755 | |||
* | Gibraltar Industries Inc. | 232,688 | 9,524 | |||
*,1 | Desktop Metal Inc. Class A | 3,470,335 | 8,988 | |||
* | Janus International Group Inc. | 971,229 | 8,663 | |||
* | CryoPort Inc. | 337,686 | 8,226 | |||
Enerpac Tool Group Corp. Class A | 428,517 | 7,640 | ||||
* | FARO Technologies Inc. | 269,819 | 7,404 | |||
* | TaskUS Inc. Class A | 412,117 | 6,635 | |||
* | Forrester Research Inc. | 166,628 | 6,000 | |||
* | Cimpress plc | 229,467 | 5,617 | |||
*,1 | Hyliion Holdings Corp. | 1,782,630 | 5,116 | |||
* | Sterling Check Corp. | 282,215 | 4,978 | |||
*,1 | Velo3D Inc. | 1,150,366 | 4,532 | |||
Gorman-Rupp Co. | 152,732 | 3,633 | ||||
* | CS Disco Inc. | 343,539 | 3,435 | |||
* | Paymentus Holdings Inc. Class A | 228,650 | 2,222 |
Shares | Market Value ($000) | |||||
* | Microvast Holdings Inc. | 1,101,796 | 1,994 | |||
* | Ranpak Holdings Corp. Class A | 324,224 | 1,109 | |||
4,617,540 | ||||||
Real Estate (6.6%) | ||||||
Equity LifeStyle Properties Inc. | 2,456,331 | 154,356 | ||||
American Homes 4 Rent Class A | 4,080,599 | 133,884 | ||||
CubeSmart | 3,292,376 | 131,893 | ||||
Rexford Industrial Realty Inc. | 2,509,511 | 130,495 | ||||
Healthcare Realty Trust Inc. Class A | 5,582,159 | 116,388 | ||||
Americold Realty Trust Inc. | 3,951,541 | 97,208 | ||||
Host Hotels & Resorts Inc. | 5,244,201 | 83,278 | ||||
Spirit Realty Capital Inc. | 2,000,614 | 72,342 | ||||
Ryman Hospitality Properties Inc. | 768,328 | 56,541 | ||||
Terreno Realty Corp. | 1,053,139 | 55,806 | ||||
Kite Realty Group Trust | 3,216,040 | 55,380 | ||||
Independence Realty Trust Inc. | 3,259,025 | 54,523 | ||||
National Storage Affiliates Trust | 1,278,224 | 53,149 | ||||
Lamar Advertising Co. Class A | 639,244 | 52,731 | ||||
Essential Properties Realty Trust Inc. | 2,073,482 | 40,329 | ||||
Hannon Armstrong Sustainable Infrastructure Capital Inc. | 1,284,739 | 38,452 | ||||
STAG Industrial Inc. | 1,314,737 | 37,378 | ||||
Innovative Industrial Properties Inc. | 410,812 | 36,357 | ||||
Kilroy Realty Corp. | 856,850 | 36,082 | ||||
Uniti Group Inc. | 3,478,955 | 24,179 | ||||
RLJ Lodging Trust | 2,386,190 | 24,148 | ||||
Phillips Edison & Co. Inc. | 855,667 | 24,001 | ||||
* | Opendoor Technologies Inc. | 6,916,034 | 21,509 | |||
St. Joe Co. | 561,468 | 17,984 | ||||
Paramount Group Inc. | 2,808,869 | 17,499 | ||||
Broadstone Net Lease Inc. | 1,074,451 | 16,686 | ||||
* | Howard Hughes Corp. | 257,109 | 14,241 | |||
CareTrust REIT Inc. | 711,316 | 12,882 | ||||
Marcus & Millichap Inc. | 380,879 | 12,485 | ||||
1 | eXp World Holdings Inc. | 1,113,329 | 12,480 | |||
* | Redfin Corp. | 1,510,742 | 8,823 | |||
Universal Health Realty Income Trust | 182,919 | 7,904 | ||||
Safehold Inc. | 273,543 | 7,238 | ||||
*,1 | WeWork Inc. | 2,076,050 | 5,502 | |||
Alexander's Inc. | 15,145 | 3,165 | ||||
*,1 | Offerpad Solutions Inc. | 338,441 | 410 | |||
1,667,708 | ||||||
Technology (19.5%) | ||||||
Entegris Inc. | 2,185,328 | 181,426 | ||||
* | Wolfspeed Inc. | 1,720,568 | 177,838 | |||
* | PTC Inc. | 1,550,802 | 162,214 | |||
* | Manhattan Associates Inc. | 920,098 | 122,401 | |||
* | Ceridian HCM Holding Inc. | 2,133,930 | 119,244 | |||
* | Avalara Inc. | 1,295,098 | 118,890 | |||
* | Pure Storage Inc. Class A | 4,125,480 | 112,914 | |||
* | Dynatrace Inc. | 2,951,539 | 102,743 | |||
* | Aspen Technology Inc. | 424,201 | 101,045 | |||
* | Lattice Semiconductor Corp. | 2,014,602 | 99,139 | |||
* | Five9 Inc. | 1,028,721 | 77,134 | |||
* | Elastic NV | 1,073,782 | 77,033 | |||
* | Guidewire Software Inc. | 1,230,304 | 75,762 | |||
National Instruments Corp. | 1,941,532 | 73,273 | ||||
* | Qualys Inc. | 506,582 | 70,612 |
Shares | Market Value ($000) | |||||
* | Zendesk Inc. | 905,872 | 68,937 | |||
* | Nutanix Inc. Class A | 3,292,674 | 68,586 | |||
* | Rogers Corp. | 276,037 | 66,768 | |||
Switch Inc. Class A | 1,954,464 | 65,846 | ||||
* | SPS Commerce Inc. | 528,501 | 65,656 | |||
* | Coupa Software Inc. | 1,109,579 | 65,243 | |||
* | Smartsheet Inc. Class A | 1,805,465 | 62,036 | |||
* | Silicon Laboratories Inc. | 476,992 | 58,880 | |||
Dolby Laboratories Inc. Class A | 903,646 | 58,873 | ||||
Universal Display Corp. | 623,751 | 58,851 | ||||
* | Novanta Inc. | 496,898 | 57,466 | |||
* | Tenable Holdings Inc. | 1,637,041 | 56,969 | |||
* | Coherent Corp. | 1,609,006 | 56,074 | |||
Power Integrations Inc. | 839,187 | 53,977 | ||||
* | Fabrinet | 534,924 | 51,058 | |||
* | RingCentral Inc. Class A | 1,253,764 | 50,100 | |||
* | Workiva Inc. Class A | 639,438 | 49,748 | |||
* | Procore Technologies Inc. | 1,003,056 | 49,631 | |||
* | Box Inc. Class A | 2,006,649 | 48,942 | |||
* | Alteryx Inc. Class A | 847,284 | 47,312 | |||
* | Blackline Inc. | 787,822 | 47,191 | |||
* | Onto Innovation Inc. | 729,239 | 46,708 | |||
* | Alarm.com Holdings Inc. | 693,699 | 44,993 | |||
Vertiv Holdings Co. Class A | 4,427,893 | 43,039 | ||||
* | Varonis Systems Inc. Class B | 1,611,291 | 42,731 | |||
* | New Relic Inc. | 740,149 | 42,470 | |||
Advanced Energy Industries Inc. | 547,819 | 42,407 | ||||
* | Dropbox Inc. Class A | 1,993,226 | 41,300 | |||
* | Diodes Inc. | 633,514 | 41,121 | |||
* | IPG Photonics Corp. | 478,505 | 40,362 | |||
* | MACOM Technology Solutions Holdings Inc. | 769,988 | 39,878 | |||
* | Confluent Inc. Class A | 1,656,610 | 39,378 | |||
* | nCino Inc. | 1,131,551 | 38,597 | |||
* | Gitlab Inc. Class A | 741,627 | 37,986 | |||
* | Envestnet Inc. | 810,465 | 35,985 | |||
* | Toast Inc. Class A | 2,137,743 | 35,743 | |||
* | SentinelOne Inc. Class A | 1,392,065 | 35,581 | |||
* | Rapid7 Inc. | 817,651 | 35,077 | |||
* | MaxLinear Inc. Class A | 1,033,792 | 33,722 | |||
* | Sprout Social Inc. Class A | 549,914 | 33,369 | |||
* | Yelp Inc. Class A | 978,914 | 33,195 | |||
* | CommVault Systems Inc. | 624,188 | 33,107 | |||
* | Perficient Inc. | 507,356 | 32,988 | |||
* | Altair Engineering Inc. Class A | 727,111 | 32,153 | |||
* | Ambarella Inc. | 531,053 | 29,835 | |||
*,1 | MicroStrategy Inc. Class A | 136,897 | 29,058 | |||
* | FormFactor Inc. | 1,130,935 | 28,330 | |||
* | Ping Identity Holding Corp. | 1,007,900 | 28,292 | |||
* | Appfolio Inc. Class A | 266,224 | 27,879 | |||
* | Semtech Corp. | 930,780 | 27,374 | |||
* | Bumble Inc. Class A | 1,235,080 | 26,542 | |||
* | DoubleVerify Holdings Inc. | 962,049 | 26,312 | |||
*,1 | Freshworks Inc. Class A | 2,027,005 | 26,290 | |||
* | Clear Secure Inc. Class A | 1,149,948 | 26,288 | |||
*,1 | Xometry Inc. Class A | 457,790 | 25,998 | |||
*,1 | DigitalOcean Holdings Inc. | 711,705 | 25,742 | |||
* | Q2 Holdings Inc. | 798,305 | 25,705 | |||
* | PagerDuty Inc. | 1,094,779 | 25,257 |
Shares | Market Value ($000) | |||||
* | KnowBe4 Inc. Class A | 1,168,379 | 24,314 | |||
Azenta Inc. | 550,871 | 23,610 | ||||
* | Upwork Inc. | 1,722,560 | 23,461 | |||
* | Appian Corp. Class A | 570,420 | 23,290 | |||
* | Paycor HCM Inc. | 772,579 | 22,837 | |||
* | Asana Inc. Class A | 998,565 | 22,198 | |||
* | Jamf Holding Corp. | 973,338 | 21,569 | |||
* | JFrog Ltd. | 946,560 | 20,928 | |||
* | Cargurus Inc. Class A | 1,430,382 | 20,269 | |||
* | Digital Turbine Inc. | 1,377,133 | 19,844 | |||
* | Schrodinger Inc. | 773,044 | 19,311 | |||
Pegasystems Inc. | 600,796 | 19,310 | ||||
* | E2open Parent Holdings Inc. | 3,097,312 | 18,801 | |||
* | Everbridge Inc. | 582,569 | 17,990 | |||
*,1 | Braze Inc. Class A | 503,398 | 17,533 | |||
* | SiTime Corp. | 218,557 | 17,207 | |||
Shutterstock Inc. | 342,784 | 17,197 | ||||
* | Blackbaud Inc. | 388,840 | 17,132 | |||
* | LiveRamp Holdings Inc. | 935,220 | 16,984 | |||
* | HashiCorp Inc. Class A | 492,445 | 15,852 | |||
* | Planet Labs PBC | 2,730,172 | 14,825 | |||
* | PROS Holdings Inc. | 597,915 | 14,768 | |||
* | Fastly Inc. Class A | 1,610,032 | 14,748 | |||
* | 3D Systems Corp. | 1,814,794 | 14,482 | |||
* | Veeco Instruments Inc. | 716,395 | 13,124 | |||
* | Zuora Inc. Class A | 1,777,098 | 13,115 | |||
* | Duck Creek Technologies Inc. | 1,069,085 | 12,669 | |||
* | Consensus Cloud Solutions Inc. | 261,623 | 12,375 | |||
* | Magnite Inc. | 1,851,809 | 12,166 | |||
* | Thoughtworks Holding Inc. | 1,139,874 | 11,957 | |||
* | BigCommerce Holdings Inc. | 806,993 | 11,943 | |||
*,1 | Credo Technology Group Holding Ltd. | 1,070,042 | 11,770 | |||
*,1 | Zeta Global Holdings Corp. Class A | 1,758,684 | 11,625 | |||
* | Sprinklr Inc. Class A | 1,217,098 | 11,222 | |||
* | Allegro MicroSystems Inc. | 492,474 | 10,761 | |||
* | Momentive Global Inc. | 1,840,400 | 10,693 | |||
*,1 | IonQ Inc. | 2,044,667 | 10,366 | |||
* | Sumo Logic Inc. | 1,357,336 | 10,180 | |||
* | PubMatic Inc. Class A | 594,360 | 9,884 | |||
* | LivePerson Inc. | 1,044,913 | 9,843 | |||
* | CEVA Inc. | 324,951 | 8,523 | |||
* | Alkami Technology Inc. | 532,931 | 8,021 | |||
* | Squarespace Inc. Class A | 368,412 | 7,869 | |||
* | Vimeo Inc. | 1,956,535 | 7,826 | |||
* | EngageSmart Inc. | 359,691 | 7,442 | |||
* | Qualtrics International Inc. Class A | 715,296 | 7,282 | |||
* | Yext Inc. | 1,627,366 | 7,258 | |||
*,1 | Samsara Inc. Class A | 598,141 | 7,220 | |||
* | Eventbrite Inc. Class A | 1,179,519 | 7,171 | |||
* | Definitive Healthcare Corp. Class A | 441,350 | 6,859 | |||
* | ForgeRock Inc. Class A | 471,130 | 6,846 | |||
*,1 | Blend Labs Inc. Class A | 3,091,243 | 6,832 | |||
*,1 | Matterport Inc. | 1,661,090 | 6,296 | |||
* | Telos Corp. | 692,365 | 6,155 | |||
* | nLight Inc. | 626,920 | 5,924 | |||
* | Olo Inc. Class A | 713,378 | 5,636 | |||
* | Amplitude Inc. Class A | 340,364 | 5,265 | |||
* | EverCommerce Inc. | 427,037 | 4,668 |
Shares | Market Value ($000) | |||||
*,1 | SEMrush Holdings Inc. Class A | 412,076 | 4,619 | |||
*,1 | NerdWallet Inc. Class A | 492,405 | 4,368 | |||
* | N-able Inc. | 461,445 | 4,259 | |||
* | Intapp Inc. | 227,623 | 4,250 | |||
* | MeridianLink Inc. | 236,503 | 3,850 | |||
*,1 | Aeva Technologies Inc. | 1,912,750 | 3,577 | |||
* | AvePoint Inc. | 881,443 | 3,535 | |||
* | Bandwidth Inc. Class A | 290,281 | 3,454 | |||
Ebix Inc. | 180,894 | 3,432 | ||||
* | Vertex Inc. Class A | 248,125 | 3,392 | |||
* | MediaAlpha Inc. Class A | 342,828 | 3,000 | |||
* | ON24 Inc. | 277,419 | 2,441 | |||
* | Enfusion Inc. Class A | 195,786 | 2,416 | |||
* | Nextdoor Holdings Inc. | 786,410 | 2,194 | |||
*,1 | Skillz Inc. Class A | 2,052,382 | 2,093 | |||
* | SmartRent Inc. Class A | 868,449 | 1,971 | |||
* | SecureWorks Corp. Class A | 122,719 | 988 | |||
* | WM Technology Inc. | 514,348 | 828 | |||
*,1 | BuzzFeed Inc. | 253,073 | 395 | |||
4,960,912 | ||||||
Telecommunications (1.7%) | ||||||
* | Ciena Corp. | 2,196,270 | 88,795 | |||
Cable One Inc. | 86,285 | 73,605 | ||||
* | Lumentum Holdings Inc. | 949,330 | 65,095 | |||
* | Calix Inc. | 861,170 | 52,652 | |||
* | Viasat Inc. | 1,108,049 | 33,496 | |||
Cogent Communications Holdings Inc. | 633,583 | 33,048 | ||||
ADTRAN Holdings Inc. | 966,950 | 18,933 | ||||
* | Globalstar Inc. | 10,563,045 | 16,795 | |||
* | Infinera Corp. | 2,703,715 | 13,086 | |||
* | WideOpenWest Inc. | 771,768 | 9,470 | |||
ATN International Inc. | 163,183 | 6,294 | ||||
* | 8x8 Inc. | 1,667,707 | 5,754 | |||
* | Gogo Inc. | 470,845 | 5,707 | |||
422,730 | ||||||
Utilities (1.8%) | ||||||
* | Clean Harbors Inc. | 754,124 | 82,939 | |||
* | Sunrun Inc. | 2,956,588 | 81,572 | |||
* | Evoqua Water Technologies Corp. | 1,782,816 | 58,958 | |||
* | Casella Waste Systems Inc. Class A | 743,965 | 56,831 | |||
Ormat Technologies Inc. | 615,558 | 53,061 | ||||
Clearway Energy Inc. Class C | 1,205,810 | 38,405 | ||||
*,1 | Sunnova Energy International Inc. | 1,429,005 | 31,552 | |||
* | Archaea Energy Inc. Class A | 1,183,577 | 21,316 | |||
California Water Service Group | 398,453 | 20,995 | ||||
Clearway Energy Inc. Class A | 506,636 | 14,743 | ||||
*,1 | NuScale Power Corp. | 109,401 | 1,278 | |||
461,650 | ||||||
Total Common Stocks (Cost $26,308,894) | 25,336,170 |
Coupon | Shares | Market Value ($000) | ||||
Temporary Cash Investments (2.7%) | ||||||
Money Market Fund (2.7%) | ||||||
2,3 | Vanguard Market Liquidity Fund (Cost $683,904) | 2.828% | 6,841,946 | 683,989 | ||
Total Investments (102.5%) (Cost $26,992,798) | 26,020,159 | |||||
Other Assets and Liabilities—Net (-2.5%) | (625,268) | |||||
Net Assets (100%) | 25,394,891 |
Cost is in $000. | |
* | Non-income-producing security. |
1 | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $579,173,000. |
2 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
3 | Collateral of $634,750,000 was received for securities on loan. |
REIT—Real Estate Investment Trust. |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts | ||||
($000) | ||||
Expiration | Number of Long (Short) Contracts | Notional Amount | Value and Unrealized Appreciation (Depreciation) | |
Long Futures Contracts | ||||
E-mini Russell 2000 Index | December 2022 | 253 | 21,123 | (1,815) |
Over-the-Counter Total Return Swaps | ||||||
Reference Entity | Termination Date | Counterparty | Notional Amount ($000) | Floating Interest Rate Received (Paid)1 (%) | Value and Unrealized Appreciation ($000) | Value and Unrealized (Depreciation) ($000) |
ACI Worldwide Inc. | 8/31/23 | BANA | 830 | (2.981) | — | (100) |
Elastic NV | 8/31/23 | BANA | 3,356 | (2.581) | — | (494) |
Fisker Inc. | 1/31/23 | GSI | 7,320 | (2.998) | — | (1,287) |
Middleby Corp. | 8/31/23 | BANA | 4,027 | (2.581) | — | (446) |
Novocure Ltd. | 8/31/23 | BANA | 14,783 | (2.581) | — | (1,137) |
Wolfspeed Inc. | 8/31/23 | BANA | 11,347 | (2.581) | — | (1,034) |
— | (4,498) |
1 | Based on USD Overnight Bank Funding Rate as of the most recent payment date. Floating interest payment received/paid monthly. |
BANA—Bank of America, N.A. | |
GSI—Goldman Sachs International. |
A. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been materially affected by events occurring before the fund's pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the valuation designee to represent fair value and subject to oversight by the board of trustees.
Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value.
B. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures contracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the underlying index while maintaining a cash balance for liquidity. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. Fluctuations in the value of the contracts are recorded as an asset (liability).
C. Swap Contracts: The fund has entered into equity swap contracts to earn the total return on selected reference stocks in the fund’s target index. Under the terms of the swaps, the fund receives the total return on the referenced stock (i.e., receiving the increase or paying the decrease in value of the selected reference stock and receiving the equivalent of any dividends in respect of the selected referenced stock) over a specified period of time, applied to a notional amount that represents the value of a designated number of shares of the selected reference stock at the beginning of the equity swap contract. The fund also pays a floating rate that is based on short-term interest rates, applied to the notional amount. At the same time, the fund generally invests an amount approximating the notional amount of the swap in high-quality temporary cash investments.
A risk associated with all types of swaps is the possibility that a counterparty may default on its obligation to pay net amounts due to the fund. The fund’s maximum amount subject to counterparty risk is the unrealized appreciation on the swap contract. The fund mitigates its counterparty risk by entering into swaps only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. In the event of a counterparty’s default (including bankruptcy), the fund may terminate any swap contracts with that counterparty, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The swap contracts contain provisions whereby a counterparty may terminate open contracts if the fund's net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily
to the value of the swap contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.
Swaps are valued daily based on market quotations received from independent pricing services or recognized dealers and the change in value is recorded as an asset (liability) and as unrealized appreciation (depreciation) until periodic payments are made or the termination of the swap, at which time realized gain (loss) is recorded.
D. Various inputs may be used to determine the value of the fund’s investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.
The following table summarizes the market value of the fund's investments and derivatives as of September 30, 2022, based on the inputs used to value them:
Level 1 ($000) | Level 2 ($000) | Level 3 ($000) | Total ($000) | |
Investments | ||||
Assets | ||||
Common Stocks | 25,336,170 | — | — | 25,336,170 |
Temporary Cash Investments | 683,989 | — | — | 683,989 |
Total | 26,020,159 | — | — | 26,020,159 |
Derivative Financial Instruments | ||||
Liabilities | ||||
Futures Contracts1 | 1,815 | — | — | 1,815 |
Swap Contracts | — | 4,498 | — | 4,498 |
Total | 1,815 | 4,498 | — | 6,313 |
1 | Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments. |