Vanguard® Small-Cap Index Fund
Schedule of Investments (unaudited)
As of September 30, 2023
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 (99.5%) | ||||||
Basic Materials (3.7%) | ||||||
Reliance Steel & Aluminum Co. | 1,506,855 | 395,143 | ||||
Steel Dynamics Inc. | 2,024,769 | 217,096 | ||||
* | Cleveland-Cliffs Inc. | 13,092,523 | 204,636 | |||
Royal Gold Inc. | 1,690,591 | 179,761 | ||||
* | RBC Bearings Inc. | 747,810 | 175,085 | |||
United States Steel Corp. | 5,163,928 | 167,724 | ||||
Olin Corp. | 3,238,013 | 161,836 | ||||
UFP Industries Inc. | 1,512,646 | 154,895 | ||||
Commercial Metals Co. | 3,005,446 | 148,499 | ||||
Hexcel Corp. | 2,173,999 | 141,614 | ||||
Alcoa Corp. | 4,594,631 | 133,520 | ||||
Timken Co. | 1,645,698 | 120,942 | ||||
Element Solutions Inc. | 5,904,463 | 115,786 | ||||
Valvoline Inc. | 3,568,544 | 115,050 | ||||
Chemours Co. | 3,811,198 | 106,904 | ||||
Huntsman Corp. | 4,349,760 | 106,134 | ||||
Boise Cascade Co. | 1,018,718 | 104,969 | ||||
Mueller Industries Inc. | 1,387,772 | 104,305 | ||||
Balchem Corp. | 829,773 | 102,925 | ||||
Cabot Corp. | 1,439,685 | 99,727 | ||||
Ashland Inc. | 1,186,822 | 96,940 | ||||
* | Livent Corp. | 4,626,060 | 85,166 | |||
Carpenter Technology Corp. | 1,257,273 | 84,501 | ||||
NewMarket Corp. | 185,004 | 84,184 | ||||
Avient Corp. | 2,344,787 | 82,818 | ||||
* | MP Materials Corp. | 3,658,701 | 69,881 | |||
Innospec Inc. | 640,236 | 65,432 | ||||
Sensient Technologies Corp. | 1,087,830 | 63,616 | ||||
Hecla Mining Co. | 15,102,870 | 59,052 | ||||
Scotts Miracle-Gro Co. | 1,084,731 | 56,059 | ||||
Quaker Chemical Corp. | 347,726 | 55,636 | ||||
Materion Corp. | 531,546 | 54,170 | ||||
Worthington Industries Inc. | 836,461 | 51,710 | ||||
Westlake Corp. | 411,193 | 51,263 | ||||
Minerals Technologies Inc. | 838,747 | 45,930 | ||||
Stepan Co. | 547,469 | 41,044 | ||||
Tronox Holdings plc | 3,032,266 | 40,754 | ||||
* | Ingevity Corp. | 840,593 | 40,021 | |||
Compass Minerals International Inc. | 1,057,039 | 29,544 | ||||
Kaiser Aluminum Corp. | 390,792 | 29,411 | ||||
* | Ecovyst Inc. | 2,696,403 | 26,533 |
Shares | Market Value ($000) | |||||
Koppers Holdings Inc. | 509,322 | 20,144 | ||||
Mativ Holdings Inc. | 1,334,874 | 19,035 | ||||
GrafTech International Ltd. | 4,947,285 | 18,948 | ||||
* | Coeur Mining Inc. | 8,163,959 | 18,124 | |||
Schnitzer Steel Industries Inc. Class A | 631,354 | 17,583 | ||||
* | Century Aluminum Co. | 1,305,237 | 9,385 | |||
4,373,435 | ||||||
Consumer Discretionary (15.8%) | ||||||
* | Deckers Outdoor Corp. | 672,566 | 345,759 | |||
* | Liberty Media Corp.-Liberty Formula One Class C | 5,092,709 | 317,276 | |||
* | DraftKings Inc. Class A | 10,149,791 | 298,810 | |||
RB Global Inc. | 4,687,750 | 292,984 | ||||
Williams-Sonoma Inc. | 1,650,896 | 256,549 | ||||
* | BJ's Wholesale Club Holdings Inc. | 3,458,069 | 246,802 | |||
* | Floor & Decor Holdings Inc. Class A | 2,602,616 | 235,537 | |||
Aramark | 6,718,142 | 233,120 | ||||
* | Five Below Inc. | 1,432,625 | 230,509 | |||
Wynn Resorts Ltd. | 2,492,306 | 230,314 | ||||
Hasbro Inc. | 3,392,133 | 224,356 | ||||
Vail Resorts Inc. | 992,135 | 220,145 | ||||
* | American Airlines Group Inc. | 16,808,064 | 215,311 | |||
Service Corp. International | 3,687,448 | 210,701 | ||||
Lithia Motors Inc. Class A | 709,352 | 209,493 | ||||
Lear Corp. | 1,511,829 | 202,887 | ||||
Churchill Downs Inc. | 1,734,088 | 201,224 | ||||
* | Mattel Inc. | 9,114,105 | 200,784 | |||
Toll Brothers Inc. | 2,671,934 | 197,616 | ||||
Gentex Corp. | 6,006,750 | 195,460 | ||||
* | SiteOne Landscape Supply Inc. | 1,159,743 | 189,560 | |||
Bath & Body Works Inc. | 5,596,883 | 189,175 | ||||
Whirlpool Corp. | 1,411,019 | 188,653 | ||||
Tempur Sealy International Inc. | 4,208,765 | 182,408 | ||||
* | Norwegian Cruise Line Holdings Ltd. | 10,949,403 | 180,446 | |||
Pool Corp. | 477,393 | 170,000 | ||||
Murphy USA Inc. | 496,866 | 169,794 | ||||
* | Skechers USA Inc. Class A | 3,457,925 | 169,265 | |||
Tapestry Inc. | 5,853,015 | 168,274 | ||||
* | Light & Wonder Inc. | 2,351,114 | 167,705 | |||
Texas Roadhouse Inc. Class A | 1,717,571 | 165,059 | ||||
New York Times Co. Class A | 3,998,507 | 164,739 | ||||
Dick's Sporting Goods Inc. | 1,502,429 | 163,134 | ||||
H&R Block Inc. | 3,782,633 | 162,880 | ||||
VF Corp. | 9,008,950 | 159,188 | ||||
* | Capri Holdings Ltd. | 2,988,898 | 157,246 | |||
Wyndham Hotels & Resorts Inc. | 2,168,203 | 150,777 | ||||
* | elf Beauty Inc. | 1,331,344 | 146,222 | |||
Polaris Inc. | 1,385,828 | 144,320 | ||||
* | Duolingo Inc. Class A | 864,917 | 143,464 | |||
Interpublic Group of Cos. Inc. | 4,952,514 | 141,939 | ||||
Wingstop Inc. | 771,553 | 138,756 | ||||
* | AutoNation Inc. | 906,812 | 137,291 | |||
* | Wayfair Inc. Class A | 2,206,974 | 133,676 | |||
* | Crocs Inc. | 1,507,173 | 132,978 | |||
U-Haul Holding Co. (XNYS) | 2,500,438 | 130,998 | ||||
Thor Industries Inc. | 1,303,482 | 124,000 | ||||
PVH Corp. | 1,614,089 | 123,494 | ||||
Nexstar Media Group Inc. Class A | 857,788 | 122,981 | ||||
BorgWarner Inc. | 3,024,206 | 122,087 |
Shares | Market Value ($000) | |||||
* | Caesars Entertainment Inc. | 2,631,998 | 121,993 | |||
* | Asbury Automotive Group Inc. | 529,553 | 121,834 | |||
* | Alaska Air Group Inc. | 3,273,553 | 121,383 | |||
* | Bright Horizons Family Solutions Inc. | 1,489,489 | 121,334 | |||
Hyatt Hotels Corp. Class A | 1,122,589 | 119,084 | ||||
Boyd Gaming Corp. | 1,929,849 | 117,393 | ||||
Meritage Homes Corp. | 945,921 | 115,771 | ||||
* | Taylor Morrison Home Corp. Class A | 2,674,536 | 113,962 | |||
* | Coty Inc. Class A | 10,315,769 | 113,164 | |||
1 | TKO Group Holdings Inc. | 1,345,957 | 113,141 | |||
*,1 | GameStop Corp. Class A | 6,667,720 | 109,751 | |||
Ralph Lauren Corp. Class A | 935,389 | 108,589 | ||||
Harley-Davidson Inc. | 3,282,341 | 108,514 | ||||
* | Fox Factory Holding Corp. | 1,090,588 | 108,056 | |||
* | YETI Holdings Inc. | 2,232,441 | 107,648 | |||
* | Planet Fitness Inc. Class A | 2,176,356 | 107,033 | |||
*,1 | Carvana Co. Class A | 2,467,933 | 103,604 | |||
* | Etsy Inc. | 1,583,220 | 102,244 | |||
* | Visteon Corp. | 725,854 | 100,219 | |||
* | RH | 378,740 | 100,124 | |||
* | Ollie's Bargain Outlet Holdings Inc. | 1,290,556 | 99,605 | |||
* | Liberty Media Corp.-Liberty SiriusXM Class A | 3,911,171 | 99,539 | |||
1 | Choice Hotels International Inc. | 777,771 | 95,285 | |||
Wendy's Co. | 4,577,186 | 93,420 | ||||
Academy Sports & Outdoors Inc. | 1,967,786 | 93,017 | ||||
Group 1 Automotive Inc. | 343,520 | 92,307 | ||||
Newell Brands Inc. | 10,130,384 | 91,477 | ||||
* | Grand Canyon Education Inc. | 778,971 | 91,046 | |||
* | Goodyear Tire & Rubber Co. | 7,297,323 | 90,706 | |||
* | Avis Budget Group Inc. | 498,493 | 89,574 | |||
* | Skyline Champion Corp. | 1,397,173 | 89,028 | |||
* | Penn Entertainment Inc. | 3,873,188 | 88,890 | |||
* | Lyft Inc. Class A | 8,263,097 | 87,093 | |||
1 | Penske Automotive Group Inc. | 519,500 | 86,788 | |||
KB Home | 1,866,773 | 86,394 | ||||
Advance Auto Parts Inc. | 1,530,886 | 85,622 | ||||
Leggett & Platt Inc. | 3,257,288 | 82,768 | ||||
Macy's Inc. | 7,041,953 | 81,757 | ||||
* | Hilton Grand Vacations Inc. | 1,982,754 | 80,698 | |||
Marriott Vacations Worldwide Corp. | 797,947 | 80,297 | ||||
Signet Jewelers Ltd. | 1,110,385 | 79,737 | ||||
Madison Square Garden Sports Corp. | 448,544 | 79,078 | ||||
American Eagle Outfitters Inc. | 4,574,383 | 75,981 | ||||
TEGNA Inc. | 5,186,462 | 75,567 | ||||
Gap Inc. | 7,105,977 | 75,537 | ||||
LCI Industries | 619,326 | 72,721 | ||||
* | Helen of Troy Ltd. | 620,326 | 72,305 | |||
* | Tri Pointe Homes Inc. | 2,548,346 | 69,697 | |||
Rush Enterprises Inc. Class A | 1,695,020 | 69,208 | ||||
* | Abercrombie & Fitch Co. Class A | 1,224,503 | 69,025 | |||
Travel + Leisure Co. | 1,808,156 | 66,414 | ||||
Columbia Sportswear Co. | 868,627 | 64,365 | ||||
Kontoor Brands Inc. | 1,445,220 | 63,460 | ||||
MDC Holdings Inc. | 1,535,512 | 63,309 | ||||
* | Frontdoor Inc. | 2,068,591 | 63,278 | |||
Carter's Inc. | 911,350 | 63,020 | ||||
Inter Parfums Inc. | 452,802 | 60,829 | ||||
Steven Madden Ltd. | 1,842,742 | 58,544 |
Shares | Market Value ($000) | |||||
Papa John's International Inc. | 843,086 | 57,515 | ||||
Kohl's Corp. | 2,706,156 | 56,721 | ||||
* | Liberty Media Corp.-Liberty SiriusXM | 2,226,290 | 56,681 | |||
* | Shake Shack Inc. Class A | 965,523 | 56,068 | |||
Bloomin' Brands Inc. | 2,243,479 | 55,167 | ||||
*,1 | QuantumScape Corp. Class A | 8,116,194 | 54,297 | |||
* | ACV Auctions Inc. Class A | 3,480,277 | 52,831 | |||
Graham Holdings Co. Class B | 90,177 | 52,573 | ||||
Red Rock Resorts Inc. Class A | 1,278,512 | 52,419 | ||||
* | Dorman Products Inc. | 689,446 | 52,232 | |||
* | Cinemark Holdings Inc. | 2,818,930 | 51,727 | |||
Laureate Education Inc. | 3,645,439 | 51,401 | ||||
* | LGI Homes Inc. | 515,583 | 51,295 | |||
* | Urban Outfitters Inc. | 1,553,640 | 50,789 | |||
* | Coursera Inc. | 2,699,770 | 50,459 | |||
* | Topgolf Callaway Brands Corp. | 3,583,954 | 49,602 | |||
Dana Inc. | 3,347,212 | 49,104 | ||||
MillerKnoll Inc. | 1,952,245 | 47,732 | ||||
PriceSmart Inc. | 639,983 | 47,634 | ||||
* | Stride Inc. | 1,052,377 | 47,389 | |||
Spirit Airlines Inc. | 2,813,048 | 46,415 | ||||
* | Gentherm Inc. | 850,233 | 46,134 | |||
* | SkyWest Inc. | 1,084,023 | 45,464 | |||
* | Sabre Corp. | 9,795,804 | 43,983 | |||
* | Adtalem Global Education Inc. | 1,017,217 | 43,588 | |||
* | Six Flags Entertainment Corp. | 1,830,010 | 43,024 | |||
Strategic Education Inc. | 567,357 | 42,694 | ||||
* | Sonos Inc. | 3,306,279 | 42,684 | |||
* | OPENLANE Inc. | 2,821,543 | 42,097 | |||
Foot Locker Inc. | 2,421,230 | 42,008 | ||||
* | SeaWorld Entertainment Inc. | 907,178 | 41,957 | |||
* | Peloton Interactive Inc. Class A | 8,304,447 | 41,937 | |||
Acushnet Holdings Corp. | 771,974 | 40,946 | ||||
* | ODP Corp. | 882,864 | 40,744 | |||
* | Central Garden & Pet Co. Class A | 1,004,132 | 40,256 | |||
* | TripAdvisor Inc. | 2,421,171 | 40,143 | |||
John Wiley & Sons Inc. Class A | 1,067,506 | 39,679 | ||||
* | JetBlue Airways Corp. | 8,593,761 | 39,531 | |||
HNI Corp. | 1,140,471 | 39,495 | ||||
* | Hertz Global Holdings Inc. | 3,209,830 | 39,320 | |||
* | PROG Holdings Inc. | 1,178,895 | 39,151 | |||
Cracker Barrel Old Country Store Inc. | 571,386 | 38,397 | ||||
* | Liberty Media Corp.-Liberty Live Class C | 1,165,661 | 37,418 | |||
1 | Nordstrom Inc. | 2,499,480 | 37,342 | |||
Oxford Industries Inc. | 385,166 | 37,026 | ||||
* | Brinker International Inc. | 1,146,352 | 36,213 | |||
Cheesecake Factory Inc. | 1,190,532 | 36,073 | ||||
Jack in the Box Inc. | 516,509 | 35,670 | ||||
* | Knowles Corp. | 2,351,441 | 34,825 | |||
*,1 | Fisker Inc. Class A | 5,415,394 | 34,767 | |||
* | Liberty Media Corp.-Liberty Formula One Class A | 612,609 | 34,637 | |||
La-Z-Boy Inc. | 1,110,799 | 34,302 | ||||
* | Madison Square Garden Entertainment Corp. Class A | 1,038,981 | 34,193 | |||
* | Under Armour Inc. Class A | 4,989,090 | 34,175 | |||
Upbound Group Inc. | 1,155,483 | 34,029 | ||||
Hanesbrands Inc. | 8,537,876 | 33,810 | ||||
*,1 | PowerSchool Holdings Inc. Class A | 1,469,666 | 33,303 | |||
* | Victoria's Secret & Co. | 1,981,647 | 33,054 |
Shares | Market Value ($000) | |||||
* | Dave & Buster's Entertainment Inc. | 882,020 | 32,697 | |||
* | National Vision Holdings Inc. | 2,017,196 | 32,638 | |||
*,1 | AMC Entertainment Holdings Inc. Class A | 4,067,295 | 32,498 | |||
Phinia Inc. | 1,207,552 | 32,350 | ||||
* | Under Armour Inc. Class C | 5,006,350 | 31,941 | |||
Levi Strauss & Co. Class A | 2,303,440 | 31,281 | ||||
* | Boot Barn Holdings Inc. | 385,137 | 31,269 | |||
Allegiant Travel Co. | 402,781 | 30,958 | ||||
*,1 | Dutch Bros Inc. Class A | 1,322,571 | 30,750 | |||
*,1 | Luminar Technologies Inc. Class A | 6,403,360 | 29,135 | |||
Matthews International Corp. Class A | 743,473 | 28,929 | ||||
* | Cavco Industries Inc. | 106,433 | 28,275 | |||
* | Cars.com Inc. | 1,621,853 | 27,344 | |||
1 | Krispy Kreme Inc. | 2,160,029 | 26,936 | |||
* | Sphere Entertainment Co. | 714,365 | 26,546 | |||
1 | Dillard's Inc. Class A | 80,221 | 26,538 | |||
Buckle Inc. | 777,435 | 25,959 | ||||
* | Lions Gate Entertainment Corp. Class B | 3,275,855 | 25,781 | |||
* | iRobot Corp. | 675,828 | 25,614 | |||
Steelcase Inc. Class A | 2,283,717 | 25,509 | ||||
* | Sweetgreen Inc. Class A | 2,155,705 | 25,330 | |||
* | Chegg Inc. | 2,813,942 | 25,100 | |||
Scholastic Corp. | 653,912 | 24,940 | ||||
* | G-III Apparel Group Ltd. | 995,469 | 24,807 | |||
* | Leslie's Inc. | 4,253,700 | 24,076 | |||
* | Integral Ad Science Holding Corp. | 2,011,700 | 23,919 | |||
Sturm Ruger & Co. Inc. | 455,238 | 23,727 | ||||
* | Vista Outdoor Inc. | 707,677 | 23,438 | |||
* | Sally Beauty Holdings Inc. | 2,768,165 | 23,197 | |||
* | Udemy Inc. | 2,317,648 | 22,018 | |||
Monro Inc. | 766,666 | 21,290 | ||||
Camping World Holdings Inc. Class A | 1,029,900 | 21,020 | ||||
* | American Axle & Manufacturing Holdings Inc. | 2,856,450 | 20,738 | |||
* | Figs Inc. Class A | 3,302,507 | 19,485 | |||
* | Life Time Group Holdings Inc. | 1,259,292 | 19,154 | |||
* | Driven Brands Holdings Inc. | 1,506,031 | 18,961 | |||
Dine Brands Global Inc. | 379,480 | 18,765 | ||||
* | Portillo's Inc. Class A | 1,203,034 | 18,515 | |||
* | Overstock.com Inc. | 1,161,079 | 18,368 | |||
Sonic Automotive Inc. Class A | 360,860 | 17,235 | ||||
1 | Guess? Inc. | 756,289 | 16,366 | |||
1 | Designer Brands Inc. Class A | 1,267,859 | 16,051 | |||
Wolverine World Wide Inc. | 1,940,338 | 15,639 | ||||
* | Corsair Gaming Inc. | 1,056,021 | 15,344 | |||
* | Liberty Media Corp.-Liberty Live Class A | 471,521 | 15,051 | |||
* | Sun Country Airlines Holdings Inc. | 1,007,035 | 14,944 | |||
*,1 | Revolve Group Inc. Class A | 1,050,131 | 14,292 | |||
* | Lions Gate Entertainment Corp. Class A | 1,650,004 | 13,992 | |||
* | Clear Channel Outdoor Holdings Inc. | 8,682,951 | 13,719 | |||
* | BJ's Restaurants Inc. | 575,268 | 13,496 | |||
*,1 | Cava Group Inc. | 437,540 | 13,402 | |||
* | Mister Car Wash Inc. | 2,408,090 | 13,269 | |||
Caleres Inc. | 442,541 | 12,728 | ||||
* | Sciplay Corp. Class A | 545,030 | 12,410 | |||
*,1 | U-Haul Holding Co. | 224,965 | 12,276 | |||
*,1 | Dream Finders Homes Inc. Class A | 548,988 | 12,204 | |||
*,1 | Savers Value Village Inc. | 645,047 | 12,043 | |||
*,1 | Bowlero Corp. Class A | 1,157,686 | 11,137 |
Shares | Market Value ($000) | |||||
* | Central Garden & Pet Co. | 241,735 | 10,670 | |||
* | EW Scripps Co. Class A | 1,770,063 | 9,700 | |||
* | GoPro Inc. Class A | 3,086,021 | 9,690 | |||
* | AMC Networks Inc. Class A | 781,163 | 9,202 | |||
* | Vizio Holding Corp. Class A | 1,694,151 | 9,165 | |||
Sinclair Inc. | 814,595 | 9,140 | ||||
* | Petco Health & Wellness Co. Inc. Class A | 2,065,847 | 8,449 | |||
Smith & Wesson Brands Inc. | 592,628 | 7,651 | ||||
* | Arhaus Inc. Class A | 819,389 | 7,620 | |||
*,1 | SES AI Corp. | 3,158,673 | 7,170 | |||
1 | Cricut Inc. Class A | 751,776 | 6,984 | |||
* | Rush Street Interactive Inc. | 1,508,971 | 6,971 | |||
Interface Inc. Class A | 709,057 | 6,956 | ||||
* | Sleep Number Corp. | 271,050 | 6,665 | |||
* | Frontier Group Holdings Inc. | 1,133,604 | 5,487 | |||
Rush Enterprises Inc. Class B | 109,762 | 4,971 | ||||
* | iHeartMedia Inc. Class A | 1,330,072 | 4,203 | |||
* | Angi Inc. Class A | 1,839,517 | 3,642 | |||
* | ContextLogic Inc. Class A | 4,450 | 20 | |||
* | Hawaiian Holdings Inc. | 200 | 1 | |||
* | Qurate Retail Inc. Class A | 1,374 | 1 | |||
* | 2U Inc. | 304 | 1 | |||
* | Brilliant Earth Group Inc. Class A | 48 | — | |||
* | Vacasa Inc. Class A | 526 | — | |||
18,592,246 | ||||||
Consumer Staples (3.5%) | ||||||
Bunge Ltd. | 3,876,836 | 419,668 | ||||
Casey's General Stores Inc. | 959,879 | 260,626 | ||||
* | Performance Food Group Co. | 4,019,719 | 236,601 | |||
* | US Foods Holding Corp. | 5,718,475 | 227,023 | |||
* | Celsius Holdings Inc. | 1,286,214 | 220,714 | |||
* | Darling Ingredients Inc. | 4,104,989 | 214,280 | |||
Lamb Weston Holdings Inc. | 1,874,052 | 173,275 | ||||
Ingredion Inc. | 1,616,944 | 159,107 | ||||
Molson Coors Beverage Co. Class B | 2,326,695 | 147,955 | ||||
* | BellRing Brands Inc. | 3,382,639 | 139,466 | |||
* | Hostess Brands Inc. Class A | 3,419,474 | 113,903 | |||
* | Sprouts Farmers Market Inc. | 2,625,307 | 112,363 | |||
* | Post Holdings Inc. | 1,260,527 | 108,078 | |||
Flowers Foods Inc. | 4,351,934 | 96,526 | ||||
* | Boston Beer Co. Inc. Class A | 235,535 | 91,748 | |||
* | Simply Good Foods Co. | 2,434,895 | 84,053 | |||
Lancaster Colony Corp. | 496,006 | 81,856 | ||||
* | Freshpet Inc. | 1,240,595 | 81,730 | |||
Coca-Cola Consolidated Inc. | 118,458 | 75,377 | ||||
WD-40 Co. | 349,163 | 70,964 | ||||
Spectrum Brands Holdings Inc. | 872,506 | 68,361 | ||||
* | Grocery Outlet Holding Corp. | 2,288,813 | 66,032 | |||
Energizer Holdings Inc. | 1,840,870 | 58,982 | ||||
* | TreeHouse Foods Inc. | 1,306,834 | 56,952 | |||
Cal-Maine Foods Inc. | 1,024,338 | 49,598 | ||||
J & J Snack Foods Corp. | 298,231 | 48,806 | ||||
Edgewell Personal Care Co. | 1,243,982 | 45,978 | ||||
Andersons Inc. | 826,585 | 42,577 | ||||
Vector Group Ltd. | 3,418,978 | 36,378 | ||||
Reynolds Consumer Products Inc. | 1,348,642 | 34,566 | ||||
* | Herbalife Ltd. | 2,415,719 | 33,796 | |||
Universal Corp. | 601,147 | 28,380 |
Shares | Market Value ($000) | |||||
* | National Beverage Corp. | 599,503 | 28,189 | |||
Nu Skin Enterprises Inc. Class A | 1,283,210 | 27,217 | ||||
* | Sovos Brands Inc. | 1,171,090 | 26,408 | |||
Weis Markets Inc. | 414,563 | 26,117 | ||||
Fresh Del Monte Produce Inc. | 988,805 | 25,551 | ||||
* | Hain Celestial Group Inc. | 2,298,263 | 23,833 | |||
Utz Brands Inc. | 1,667,345 | 22,392 | ||||
Seaboard Corp. | 5,964 | 22,383 | ||||
* | United Natural Foods Inc. | 1,505,147 | 21,283 | |||
Medifast Inc. | 279,733 | 20,938 | ||||
* | Pilgrim's Pride Corp. | 912,306 | 20,828 | |||
1 | B&G Foods Inc. | 1,763,975 | 17,446 | |||
* | USANA Health Sciences Inc. | 297,527 | 17,438 | |||
*,1 | Beyond Meat Inc. | 1,571,143 | 15,114 | |||
* | Beauty Health Co. | 2,218,649 | 13,356 | |||
ACCO Brands Corp. | 2,316,012 | 13,294 | ||||
* | Duckhorn Portfolio Inc. | 1,184,508 | 12,153 | |||
Tootsie Roll Industries Inc. | 363,976 | 10,868 | ||||
* | Olaplex Holdings Inc. | 2,522,575 | 4,919 | |||
*,1 | BRC Inc. Class A | 1,180,557 | 4,238 | |||
* | Vital Farms Inc. | 98 | 1 | |||
4,059,685 | ||||||
Energy (6.4%) | ||||||
Targa Resources Corp. | 5,756,882 | 493,480 | ||||
Ovintiv Inc. | 7,023,138 | 334,091 | ||||
APA Corp. | 7,907,807 | 325,011 | ||||
Chesapeake Energy Corp. | 3,235,259 | 278,976 | ||||
TechnipFMC plc | 10,710,017 | 217,842 | ||||
HF Sinclair Corp. | 3,790,576 | 215,798 | ||||
EQT Corp. | 5,291,914 | 214,746 | ||||
NOV Inc. | 10,135,647 | 211,835 | ||||
Civitas Resources Inc. | 2,413,096 | 195,147 | ||||
Range Resources Corp. | 5,900,953 | 191,250 | ||||
* | Southwestern Energy Co. | 28,343,258 | 182,814 | |||
ChampionX Corp. | 5,059,393 | 180,216 | ||||
* | Antero Resources Corp. | 6,958,325 | 176,602 | |||
Murphy Oil Corp. | 3,818,192 | 173,155 | ||||
* | Weatherford International plc | 1,854,644 | 167,530 | |||
Chord Energy Corp. | 1,015,248 | 164,541 | ||||
Matador Resources Co. | 2,760,110 | 164,171 | ||||
PBF Energy Inc. Class A | 2,862,523 | 153,231 | ||||
* | Transocean Ltd. | 17,758,476 | 145,797 | |||
Texas Pacific Land Corp. | 79,049 | 144,151 | ||||
Noble Corp. plc | 2,822,593 | 142,964 | ||||
Patterson-UTI Energy Inc. | 10,142,764 | 140,376 | ||||
DT Midstream Inc. | 2,494,373 | 132,002 | ||||
* | Denbury Inc. | 1,244,503 | 121,974 | |||
SM Energy Co. | 3,054,508 | 121,111 | ||||
*,1 | Plug Power Inc. | 15,496,906 | 117,777 | |||
Magnolia Oil & Gas Corp. Class A | 4,595,364 | 105,280 | ||||
Antero Midstream Corp. | 8,643,260 | 103,546 | ||||
California Resources Corp. | 1,774,692 | 99,401 | ||||
Equitrans Midstream Corp. | 10,594,245 | 99,268 | ||||
Permian Resources Corp. Class A | 7,040,728 | 98,289 | ||||
Helmerich & Payne Inc. | 2,303,676 | 97,123 | ||||
Arcosa Inc. | 1,255,216 | 90,250 | ||||
* | CNX Resources Corp. | 3,946,853 | 89,120 | |||
Cactus Inc. Class A | 1,663,517 | 83,525 |
Shares | Market Value ($000) | |||||
* | Array Technologies Inc. | 3,693,784 | 81,965 | |||
* | Shoals Technologies Group Inc. Class A | 4,374,290 | 79,831 | |||
1 | New Fortress Energy Inc. | 2,375,276 | 77,862 | |||
Alpha Metallurgical Resources Inc. | 299,416 | 77,767 | ||||
Arch Resources Inc. | 443,203 | 75,637 | ||||
Peabody Energy Corp. | 2,905,854 | 75,523 | ||||
Liberty Energy Inc. Class A | 3,947,685 | 73,111 | ||||
Warrior Met Coal Inc. | 1,339,348 | 68,414 | ||||
* | Oceaneering International Inc. | 2,594,479 | 66,730 | |||
* | Callon Petroleum Co. | 1,579,547 | 61,792 | |||
1 | Sitio Royalties Corp. Class A | 2,103,843 | 50,934 | |||
Archrock Inc. | 3,830,975 | 48,270 | ||||
* | NEXTracker Inc. Class A | 1,197,858 | 48,106 | |||
Delek US Holdings Inc. | 1,586,866 | 45,083 | ||||
* | Tidewater Inc. | 610,735 | 43,405 | |||
Northern Oil & Gas Inc. | 1,018,963 | 40,993 | ||||
*,1 | ChargePoint Holdings Inc. | 8,198,233 | 40,745 | |||
World Kinect Corp. | 1,475,674 | 33,099 | ||||
* | NOW Inc. | 2,754,096 | 32,691 | |||
* | Ameresco Inc. Class A | 834,504 | 32,178 | |||
Core Laboratories Inc. | 1,199,051 | 28,789 | ||||
Comstock Resources Inc. | 2,503,535 | 27,614 | ||||
CVR Energy Inc. | 774,726 | 26,364 | ||||
* | ProPetro Holding Corp. | 2,462,235 | 26,174 | |||
1 | Crescent Energy Co. Class A | 2,010,372 | 25,411 | |||
* | Dril-Quip Inc. | 877,878 | 24,730 | |||
*,1 | Fluence Energy Inc. Class A | 1,065,434 | 24,494 | |||
RPC Inc. | 2,501,439 | 22,363 | ||||
* | MRC Global Inc. | 2,050,038 | 21,013 | |||
* | Helix Energy Solutions Group Inc. | 1,840,169 | 20,555 | |||
*,1 | Stem Inc. | 3,801,786 | 16,120 | |||
1 | Kinetik Holdings Inc. Class A | 467,244 | 15,769 | |||
*,1 | FuelCell Energy Inc. | 11,561,997 | 14,799 | |||
*,1 | SunPower Corp. | 2,249,929 | 13,882 | |||
Vitesse Energy Inc. | 554,573 | 12,694 | ||||
1 | HighPeak Energy Inc. | 658,513 | 11,116 | |||
1 | Atlas Energy Solutions Inc. Class A | 447,050 | 9,938 | |||
*,1 | EVgo Inc. Class A | 2,522,919 | 8,527 | |||
*,1 | Tellurian Inc. | 7,098,611 | 8,234 | |||
* | ProFrac Holding Corp. Class A | 614,086 | 6,681 | |||
1 | Enviva Inc. | 764,666 | 5,712 | |||
* | OPAL Fuels Inc. Class A | 457,430 | 3,751 | |||
7,501,256 | ||||||
Financials (13.5%) | ||||||
First Citizens BancShares Inc. Class A | 260,774 | 359,894 | ||||
RenaissanceRe Holdings Ltd. | 1,317,234 | 260,707 | ||||
Reinsurance Group of America Inc. | 1,704,017 | 247,406 | ||||
Kinsale Capital Group Inc. | 566,315 | 234,528 | ||||
Unum Group | 4,278,848 | 210,476 | ||||
American Financial Group Inc. | 1,856,457 | 207,311 | ||||
Brown & Brown Inc. | 2,919,101 | 203,870 | ||||
New York Community Bancorp Inc. | 17,661,428 | 200,281 | ||||
Assurant Inc. | 1,364,677 | 195,940 | ||||
Erie Indemnity Co. Class A | 653,760 | 192,068 | ||||
East West Bancorp Inc. | 3,641,293 | 191,933 | ||||
Ally Financial Inc. | 6,985,791 | 186,381 | ||||
SEI Investments Co. | 3,063,671 | 184,525 | ||||
Carlyle Group Inc. | 6,021,065 | 181,595 |
Shares | Market Value ($000) | |||||
Voya Financial Inc. | 2,722,183 | 180,889 | ||||
Webster Financial Corp. | 4,459,044 | 179,744 | ||||
Primerica Inc. | 920,444 | 178,575 | ||||
Old Republic International Corp. | 6,591,164 | 177,566 | ||||
* | SoFi Technologies Inc. | 20,784,935 | 166,072 | |||
Invesco Ltd. | 11,265,056 | 163,569 | ||||
Selective Insurance Group Inc. | 1,558,946 | 160,836 | ||||
First Horizon Corp. | 14,379,014 | 158,457 | ||||
* | Robinhood Markets Inc. Class A | 16,146,954 | 158,402 | |||
Stifel Financial Corp. | 2,553,048 | 156,859 | ||||
Morningstar Inc. | 658,588 | 154,268 | ||||
1 | Blue Owl Capital Inc. Class A | 11,698,826 | 151,617 | |||
RLI Corp. | 1,109,557 | 150,778 | ||||
1 | Starwood Property Trust Inc. | 7,647,340 | 147,976 | |||
1 | AGNC Investment Corp. | 15,594,292 | 147,210 | |||
Jefferies Financial Group Inc. | 3,978,846 | 145,745 | ||||
First American Financial Corp. | 2,520,717 | 142,395 | ||||
Houlihan Lokey Inc. Class A | 1,323,362 | 141,758 | ||||
Comerica Inc. | 3,391,616 | 140,922 | ||||
Commerce Bancshares Inc. | 2,888,555 | 138,593 | ||||
Cullen/Frost Bankers Inc. | 1,485,308 | 135,475 | ||||
Zions Bancorp NA | 3,813,075 | 133,038 | ||||
SouthState Corp. | 1,956,443 | 131,786 | ||||
Equitable Holdings Inc. | 4,469,041 | 126,876 | ||||
Globe Life Inc. | 1,158,658 | 125,981 | ||||
Pinnacle Financial Partners Inc. | 1,877,122 | 125,842 | ||||
Prosperity Bancshares Inc. | 2,291,569 | 125,074 | ||||
Essent Group Ltd. | 2,615,188 | 123,672 | ||||
* | Ryan Specialty Holdings Inc. Class A | 2,547,643 | 123,306 | |||
Western Alliance Bancorp | 2,677,446 | 123,082 | ||||
MGIC Investment Corp. | 7,263,599 | 121,229 | ||||
Evercore Inc. Class A | 877,443 | 120,982 | ||||
OneMain Holdings Inc. | 3,015,275 | 120,882 | ||||
Annaly Capital Management Inc. | 6,356,705 | 119,570 | ||||
Wintrust Financial Corp. | 1,575,390 | 118,942 | ||||
Affiliated Managers Group Inc. | 901,603 | 117,515 | ||||
Popular Inc. | 1,856,121 | 116,954 | ||||
Rithm Capital Corp. | 12,432,926 | 115,502 | ||||
Axis Capital Holdings Ltd. | 1,974,464 | 111,300 | ||||
Old National Bancorp | 7,530,256 | 109,490 | ||||
Columbia Banking System Inc. | 5,369,558 | 109,002 | ||||
Lincoln National Corp. | 4,368,181 | 107,850 | ||||
Home BancShares Inc. | 4,953,396 | 103,724 | ||||
MarketAxess Holdings Inc. | 484,788 | 103,570 | ||||
American Equity Investment Life Holding Co. | 1,914,246 | 102,680 | ||||
Bank OZK | 2,766,523 | 102,555 | ||||
Radian Group Inc. | 4,050,470 | 101,707 | ||||
Cadence Bank | 4,701,369 | 99,763 | ||||
FNB Corp. | 9,234,065 | 99,636 | ||||
Synovus Financial Corp. | 3,574,464 | 99,370 | ||||
United Bankshares Inc. | 3,473,825 | 95,843 | ||||
Valley National Bancorp | 11,108,828 | 95,092 | ||||
White Mountains Insurance Group Ltd. | 62,645 | 93,697 | ||||
FirstCash Holdings Inc. | 928,563 | 93,209 | ||||
Hanover Insurance Group Inc. | 828,799 | 91,980 | ||||
1 | Blackstone Mortgage Trust Inc. Class A | 4,213,999 | 91,654 | |||
Janus Henderson Group plc | 3,410,312 | 88,054 | ||||
First Financial Bankshares Inc. | 3,491,721 | 87,712 |
Shares | Market Value ($000) | |||||
Assured Guaranty Ltd. | 1,433,583 | 86,760 | ||||
Lazard Ltd. Class A | 2,757,504 | 85,510 | ||||
* | Mr Cooper Group Inc. | 1,548,418 | 82,933 | |||
* | Brighthouse Financial Inc. | 1,686,894 | 82,557 | |||
Glacier Bancorp Inc. | 2,854,877 | 81,364 | ||||
Jackson Financial Inc. Class A | 2,108,290 | 80,579 | ||||
* | Enstar Group Ltd. | 330,126 | 79,890 | |||
SLM Corp. | 5,818,361 | 79,246 | ||||
Hancock Whitney Corp. | 2,106,506 | 77,920 | ||||
Moelis & Co. Class A | 1,713,535 | 77,332 | ||||
Hamilton Lane Inc. Class A | 844,224 | 76,352 | ||||
*,1 | Credit Acceptance Corp. | 165,002 | 75,921 | |||
United Community Banks Inc. | 2,907,948 | 73,891 | ||||
Federated Hermes Inc. Class B | 2,158,723 | 73,116 | ||||
* | Texas Capital Bancshares Inc. | 1,235,647 | 72,780 | |||
* | Genworth Financial Inc. Class A | 11,921,673 | 69,861 | |||
Artisan Partners Asset Management Inc. Class A | 1,762,768 | 65,963 | ||||
Kemper Corp. | 1,566,800 | 65,853 | ||||
ServisFirst Bancshares Inc. | 1,261,194 | 65,796 | ||||
CNO Financial Group Inc. | 2,764,261 | 65,596 | ||||
Ameris Bancorp | 1,691,841 | 64,950 | ||||
Associated Banc-Corp | 3,691,694 | 63,165 | ||||
Piper Sandler Cos. | 434,211 | 63,095 | ||||
International Bancshares Corp. | 1,437,982 | 62,322 | ||||
UMB Financial Corp. | 999,465 | 62,017 | ||||
First Bancorp | 4,591,264 | 61,798 | ||||
Cathay General Bancorp | 1,775,147 | 61,704 | ||||
Walker & Dunlop Inc. | 815,875 | 60,571 | ||||
First Hawaiian Inc. | 3,286,210 | 59,316 | ||||
Community Bank System Inc. | 1,378,573 | 58,190 | ||||
1 | Arbor Realty Trust Inc. | 3,821,671 | 58,013 | |||
WSFS Financial Corp. | 1,572,708 | 57,404 | ||||
CVB Financial Corp. | 3,409,548 | 56,496 | ||||
Atlantic Union Bankshares Corp. | 1,931,976 | 55,602 | ||||
First Interstate BancSystem Inc. Class A | 2,164,121 | 53,973 | ||||
Pacific Premier Bancorp Inc. | 2,471,814 | 53,787 | ||||
Independent Bank Corp. | 1,080,130 | 53,024 | ||||
*,1 | Upstart Holdings Inc. | 1,837,095 | 52,431 | |||
Simmons First National Corp. Class A | 3,090,009 | 52,406 | ||||
* | Axos Financial Inc. | 1,366,867 | 51,750 | |||
Eastern Bankshares Inc. | 4,089,603 | 51,284 | ||||
Fulton Financial Corp. | 4,225,719 | 51,173 | ||||
Bank of Hawaii Corp. | 1,023,595 | 50,862 | ||||
BGC Group Inc. Class A | 9,529,318 | 50,315 | ||||
BOK Financial Corp. | 598,572 | 47,874 | ||||
TPG Inc. Class A | 1,583,221 | 47,687 | ||||
First Financial Bancorp | 2,329,065 | 45,650 | ||||
PJT Partners Inc. Class A | 561,176 | 44,580 | ||||
* | Clearwater Analytics Holdings Inc. Class A | 2,268,089 | 43,865 | |||
BankUnited Inc. | 1,917,964 | 43,538 | ||||
StepStone Group Inc. Class A | 1,376,760 | 43,478 | ||||
First Merchants Corp. | 1,539,590 | 42,831 | ||||
PennyMac Financial Services Inc. | 642,823 | 42,812 | ||||
Washington Federal Inc. | 1,668,671 | 42,751 | ||||
*,1 | Riot Platforms Inc. | 4,538,229 | 42,342 | |||
BancFirst Corp. | 465,395 | 40,364 | ||||
Virtu Financial Inc. Class A | 2,303,772 | 39,786 | ||||
Cohen & Steers Inc. | 633,458 | 39,711 |
Shares | Market Value ($000) | |||||
* | Goosehead Insurance Inc. Class A | 523,800 | 39,039 | |||
Towne Bank | 1,683,950 | 38,613 | ||||
* | BRP Group Inc. Class A | 1,644,199 | 38,195 | |||
Navient Corp. | 2,195,170 | 37,801 | ||||
Banner Corp. | 882,144 | 37,385 | ||||
Apollo Commercial Real Estate Finance Inc. | 3,645,397 | 36,928 | ||||
NBT Bancorp Inc. | 1,148,996 | 36,412 | ||||
OFG Bancorp | 1,210,672 | 36,151 | ||||
*,1 | Marathon Digital Holdings Inc. | 4,252,290 | 36,144 | |||
Renasant Corp. | 1,369,790 | 35,875 | ||||
Independent Bank Group Inc. | 905,241 | 35,802 | ||||
Virtus Investment Partners Inc. | 177,058 | 35,764 | ||||
WesBanco Inc. | 1,448,385 | 35,370 | ||||
Park National Corp. | 373,386 | 35,292 | ||||
Claros Mortgage Trust Inc. | 3,035,297 | 33,631 | ||||
Northwest Bancshares Inc. | 3,264,584 | 33,397 | ||||
Hilltop Holdings Inc. | 1,170,441 | 33,194 | ||||
City Holding Co. | 366,238 | 33,090 | ||||
Two Harbors Investment Corp. | 2,481,690 | 32,858 | ||||
Chimera Investment Corp. | 5,850,884 | 31,946 | ||||
* | Cannae Holdings Inc. | 1,696,251 | 31,618 | |||
Horace Mann Educators Corp. | 1,049,070 | 30,822 | ||||
Trustmark Corp. | 1,411,740 | 30,677 | ||||
First Commonwealth Financial Corp. | 2,498,881 | 30,511 | ||||
Ladder Capital Corp. Class A | 2,934,319 | 30,106 | ||||
Westamerica Bancorp | 684,523 | 29,606 | ||||
Compass Diversified Holdings | 1,569,844 | 29,466 | ||||
National Bank Holdings Corp. Class A | 968,913 | 28,835 | ||||
Provident Financial Services Inc. | 1,845,093 | 28,211 | ||||
Franklin BSP Realty Trust Inc. | 2,111,723 | 27,959 | ||||
PennyMac Mortgage Investment Trust | 2,228,511 | 27,633 | ||||
Nelnet Inc. Class A | 308,028 | 27,513 | ||||
* | Encore Capital Group Inc. | 573,074 | 27,370 | |||
Argo Group International Holdings Ltd. | 904,111 | 26,979 | ||||
*,1 | Trupanion Inc. | 956,408 | 26,971 | |||
Employers Holdings Inc. | 669,439 | 26,744 | ||||
Hope Bancorp Inc. | 2,928,502 | 25,917 | ||||
S&T Bancorp Inc. | 933,186 | 25,271 | ||||
ProAssurance Corp. | 1,337,362 | 25,263 | ||||
MFA Financial Inc. | 2,617,851 | 25,157 | ||||
1 | ARMOUR Residential REIT Inc. | 5,863,865 | 24,921 | |||
Safety Insurance Group Inc. | 360,948 | 24,613 | ||||
Safehold Inc. | 1,369,021 | 24,369 | ||||
PacWest Bancorp | 3,044,852 | 24,085 | ||||
* | SiriusPoint Ltd. | 2,323,857 | 23,634 | |||
WisdomTree Inc. | 3,282,016 | 22,974 | ||||
* | Avantax Inc. | 897,058 | 22,947 | |||
Enact Holdings Inc. | 821,939 | 22,381 | ||||
Berkshire Hills Bancorp Inc. | 1,073,947 | 21,533 | ||||
* | Oscar Health Inc. Class A | 3,838,174 | 21,379 | |||
National Western Life Group Inc. Class A | 48,494 | 21,216 | ||||
Redwood Trust Inc. | 2,934,245 | 20,921 | ||||
BrightSpire Capital Inc. Class A | 3,339,011 | 20,902 | ||||
Mercury General Corp. | 711,124 | 19,933 | ||||
Brookline Bancorp Inc. | 2,163,557 | 19,710 | ||||
* | Triumph Financial Inc. | 284,046 | 18,403 | |||
* | PRA Group Inc. | 957,547 | 18,394 | |||
* | Open Lending Corp. | 2,480,272 | 18,156 |
Shares | Market Value ($000) | |||||
TFS Financial Corp. | 1,440,354 | 17,025 | ||||
* | LendingClub Corp. | 2,652,135 | 16,178 | |||
Capitol Federal Financial Inc. | 3,323,244 | 15,852 | ||||
Eagle Bancorp Inc. | 729,751 | 15,653 | ||||
Victory Capital Holdings Inc. Class A | 464,537 | 15,488 | ||||
* | Palomar Holdings Inc. | 301,913 | 15,322 | |||
KKR Real Estate Finance Trust Inc. | 1,242,584 | 14,749 | ||||
*,1 | Lemonade Inc. | 1,253,071 | 14,561 | |||
Tompkins Financial Corp. | 295,219 | 14,463 | ||||
* | AssetMark Financial Holdings Inc. | 572,268 | 14,352 | |||
Heartland Financial USA Inc. | 465,559 | 13,701 | ||||
* | Ambac Financial Group Inc. | 1,105,341 | 13,330 | |||
P10 Inc. Class A | 1,125,940 | 13,117 | ||||
Live Oak Bancshares Inc. | 427,323 | 12,371 | ||||
United Fire Group Inc. | 616,446 | 12,175 | ||||
1 | UWM Holdings Corp. Class A | 2,272,219 | 11,020 | |||
TPG RE Finance Trust Inc. | 1,597,336 | 10,750 | ||||
* | Columbia Financial Inc. | 676,732 | 10,631 | |||
Kearny Financial Corp. | 1,527,740 | 10,587 | ||||
* | World Acceptance Corp. | 80,143 | 10,183 | |||
GCM Grosvenor Inc. Class A | 1,021,170 | 7,924 | ||||
F&G Annuities & Life Inc. | 241,694 | 6,782 | ||||
Invesco Mortgage Capital Inc. | 572,514 | 5,731 | ||||
*,1 | Net Power Inc. | 345,954 | 5,224 | |||
Northfield Bancorp Inc. | 520,265 | 4,916 | ||||
* | Hagerty Inc. Class A | 542,698 | 4,434 | |||
* | loanDepot Inc. Class A | 1,510,506 | 2,598 | |||
Associated Capital Group Inc. Class A | 35,033 | 1,279 | ||||
Central Pacific Financial Corp. | 108 | 2 | ||||
15,881,264 | ||||||
Health Care (10.7%) | ||||||
* | Exact Sciences Corp. | 4,649,776 | 317,208 | |||
* | Neurocrine Biosciences Inc. | 2,513,383 | 282,756 | |||
Bio-Techne Corp. | 4,070,888 | 277,105 | ||||
* | Sarepta Therapeutics Inc. | 2,280,803 | 276,479 | |||
* | United Therapeutics Corp. | 1,207,924 | 272,834 | |||
* | Penumbra Inc. | 939,708 | 227,325 | |||
* | Repligen Corp. | 1,363,307 | 216,779 | |||
Chemed Corp. | 388,018 | 201,653 | ||||
* | Catalent Inc. | 4,407,817 | 200,688 | |||
* | Jazz Pharmaceuticals plc | 1,543,748 | 199,823 | |||
Universal Health Services Inc. Class B | 1,519,264 | 191,017 | ||||
* | Shockwave Medical Inc. | 945,874 | 188,324 | |||
DENTSPLY SIRONA Inc. | 5,448,974 | 186,137 | ||||
* | Exelixis Inc. | 8,194,652 | 179,053 | |||
* | Tenet Healthcare Corp. | 2,613,085 | 172,176 | |||
Encompass Health Corp. | 2,450,370 | 164,567 | ||||
* | HealthEquity Inc. | 2,199,882 | 160,701 | |||
* | Ionis Pharmaceuticals Inc. | 3,505,052 | 158,989 | |||
* | Acadia Healthcare Co. Inc. | 2,253,802 | 158,465 | |||
Bruker Corp. | 2,456,604 | 153,046 | ||||
* | Globus Medical Inc. Class A | 3,020,213 | 149,954 | |||
* | Inspire Medical Systems Inc. | 755,076 | 149,837 | |||
* | Option Care Health Inc. | 4,629,645 | 149,769 | |||
* | Medpace Holdings Inc. | 589,899 | 142,832 | |||
* | Elanco Animal Health Inc. | 12,682,978 | 142,557 | |||
* | Karuna Therapeutics Inc. | 824,248 | 139,372 | |||
* | agilon health Inc. | 7,827,618 | 139,018 |
Shares | Market Value ($000) | |||||
* | Halozyme Therapeutics Inc. | 3,395,741 | 129,717 | |||
* | Charles River Laboratories International Inc. | 659,788 | 129,305 | |||
Ensign Group Inc. | 1,374,131 | 127,698 | ||||
* | Natera Inc. | 2,802,385 | 124,006 | |||
* | Lantheus Holdings Inc. | 1,761,299 | 122,375 | |||
* | DaVita Inc. | 1,292,327 | 122,164 | |||
* | Alkermes plc | 4,287,314 | 120,088 | |||
* | Envista Holdings Corp. | 4,216,550 | 117,557 | |||
* | Haemonetics Corp. | 1,305,144 | 116,915 | |||
* | Intra-Cellular Therapies Inc. | 2,226,124 | 115,959 | |||
Organon & Co. | 6,578,080 | 114,195 | ||||
* | Masimo Corp. | 1,291,419 | 113,232 | |||
Perrigo Co. plc | 3,485,723 | 111,369 | ||||
* | Vaxcyte Inc. | 2,174,049 | 110,833 | |||
* | Merit Medical Systems Inc. | 1,483,367 | 102,382 | |||
* | ImmunoGen Inc. | 6,407,257 | 101,683 | |||
* | 10X Genomics Inc. Class A | 2,394,323 | 98,766 | |||
* | Apellis Pharmaceuticals Inc. | 2,575,857 | 97,986 | |||
* | Insmed Inc. | 3,790,491 | 95,710 | |||
* | QuidelOrtho Corp. | 1,289,353 | 94,174 | |||
* | Neogen Corp. | 5,010,665 | 92,898 | |||
* | Amicus Therapeutics Inc. | 7,392,339 | 89,891 | |||
* | Glaukos Corp. | 1,189,575 | 89,516 | |||
* | Guardant Health Inc. | 2,878,285 | 85,312 | |||
CONMED Corp. | 791,168 | 79,789 | ||||
* | Amedisys Inc. | 839,958 | 78,452 | |||
* | Blueprint Medicines Corp. | 1,561,913 | 78,439 | |||
* | Azenta Inc. | 1,548,390 | 77,714 | |||
* | Inari Medical Inc. | 1,181,004 | 77,238 | |||
* | Bridgebio Pharma Inc. | 2,927,190 | 77,190 | |||
* | Evolent Health Inc. Class A | 2,768,935 | 75,398 | |||
* | Teladoc Health Inc. | 4,034,486 | 75,001 | |||
* | R1 RCM Inc. | 4,853,094 | 73,136 | |||
* | Prestige Consumer Healthcare Inc. | 1,275,662 | 72,955 | |||
* | Axonics Inc. | 1,299,025 | 72,901 | |||
* | Cytokinetics Inc. | 2,472,175 | 72,830 | |||
* | Krystal Biotech Inc. | 612,529 | 71,053 | |||
* | Progyny Inc. | 2,087,652 | 71,022 | |||
* | iRhythm Technologies Inc. | 747,953 | 70,502 | |||
* | Arrowhead Pharmaceuticals Inc. | 2,621,715 | 70,445 | |||
* | ICU Medical Inc. | 590,321 | 70,254 | |||
* | REVOLUTION Medicines Inc. | 2,529,246 | 70,010 | |||
* | Mirati Therapeutics Inc. | 1,572,217 | 68,486 | |||
* | Intellia Therapeutics Inc. | 2,165,039 | 68,459 | |||
* | Integra LifeSciences Holdings Corp. | 1,781,340 | 68,029 | |||
*,1 | Axsome Therapeutics Inc. | 971,778 | 67,918 | |||
* | Integer Holdings Corp. | 857,401 | 67,246 | |||
*,1 | Ginkgo Bioworks Holdings Inc. Class A | 37,097,317 | 67,146 | |||
* | Enovis Corp. | 1,263,703 | 66,635 | |||
Select Medical Holdings Corp. | 2,618,665 | 66,174 | ||||
Premier Inc. Class A | 3,068,041 | 65,963 | ||||
* | ACADIA Pharmaceuticals Inc. | 3,161,150 | 65,878 | |||
Patterson Cos. Inc. | 2,207,996 | 65,445 | ||||
* | Fortrea Holdings Inc. | 2,286,157 | 65,361 | |||
* | Immunovant Inc. | 1,650,131 | 63,349 | |||
* | Ultragenyx Pharmaceutical Inc. | 1,749,036 | 62,353 | |||
* | Doximity Inc. Class A | 2,909,077 | 61,731 | |||
* | Madrigal Pharmaceuticals Inc. | 406,010 | 59,294 |
Shares | Market Value ($000) | |||||
* | Privia Health Group Inc. | 2,569,203 | 59,092 | |||
*,1 | Corcept Therapeutics Inc. | 2,111,963 | 57,540 | |||
* | Denali Therapeutics Inc. | 2,654,651 | 54,765 | |||
* | Omnicell Inc. | 1,164,595 | 52,453 | |||
* | Surgery Partners Inc. | 1,792,295 | 52,425 | |||
* | AtriCure Inc. | 1,158,949 | 50,762 | |||
* | STAAR Surgical Co. | 1,249,470 | 50,204 | |||
* | Pacific Biosciences of California Inc. | 5,810,528 | 48,518 | |||
* | CorVel Corp. | 242,586 | 47,705 | |||
* | Certara Inc. | 3,088,811 | 44,911 | |||
* | Novocure Ltd. | 2,738,541 | 44,227 | |||
* | Beam Therapeutics Inc. | 1,837,331 | 44,188 | |||
* | PTC Therapeutics Inc. | 1,941,858 | 43,517 | |||
* | Veracyte Inc. | 1,875,337 | 41,876 | |||
* | NeoGenomics Inc. | 3,288,476 | 40,448 | |||
* | NextGen Healthcare Inc. | 1,641,571 | 38,954 | |||
* | Sotera Health Co. | 2,550,605 | 38,208 | |||
* | Supernus Pharmaceuticals Inc. | 1,337,269 | 36,869 | |||
* | PROCEPT BioRobotics Corp. | 1,089,723 | 35,754 | |||
* | Agios Pharmaceuticals Inc. | 1,437,965 | 35,590 | |||
* | Cerevel Therapeutics Holdings Inc. | 1,617,997 | 35,321 | |||
* | Pacira BioSciences Inc. | 1,137,101 | 34,886 | |||
* | Tandem Diabetes Care Inc. | 1,671,530 | 34,718 | |||
* | Apollo Medical Holdings Inc. | 1,113,875 | 34,363 | |||
* | Ironwood Pharmaceuticals Inc. Class A | 3,422,624 | 32,960 | |||
*,1 | Recursion Pharmaceuticals Inc. Class A | 4,192,240 | 32,071 | |||
* | Myriad Genetics Inc. | 1,998,057 | 32,049 | |||
* | Xencor Inc. | 1,564,416 | 31,523 | |||
* | Owens & Minor Inc. | 1,867,445 | 30,178 | |||
* | SpringWorks Therapeutics Inc. | 1,285,710 | 29,726 | |||
* | TG Therapeutics Inc. | 3,490,149 | 29,178 | |||
* | Twist Bioscience Corp. | 1,400,547 | 28,375 | |||
* | Warby Parker Inc. Class A | 2,126,455 | 27,984 | |||
* | Harmony Biosciences Holdings Inc. | 847,634 | 27,777 | |||
* | Pediatrix Medical Group Inc. | 2,156,129 | 27,404 | |||
* | Zentalis Pharmaceuticals Inc. | 1,360,256 | 27,287 | |||
* | Maravai LifeSciences Holdings Inc. Class A | 2,710,903 | 27,109 | |||
* | Sage Therapeutics Inc. | 1,307,457 | 26,907 | |||
* | Iovance Biotherapeutics Inc. | 5,727,877 | 26,062 | |||
* | Ligand Pharmaceuticals Inc. | 423,523 | 25,378 | |||
* | Amylyx Pharmaceuticals Inc. | 1,384,506 | 25,350 | |||
* | Relay Therapeutics Inc. | 2,980,266 | 25,064 | |||
* | Avanos Medical Inc. | 1,203,914 | 24,343 | |||
* | Vir Biotechnology Inc. | 2,586,281 | 24,233 | |||
* | Arvinas Inc. | 1,167,731 | 22,934 | |||
* | Hims & Hers Health Inc. | 3,643,587 | 22,918 | |||
Embecta Corp. | 1,471,934 | 22,153 | ||||
National HealthCare Corp. | 334,514 | 21,402 | ||||
* | EQRx Inc. | 9,389,706 | 20,845 | |||
Healthcare Services Group Inc. | 1,905,783 | 19,877 | ||||
* | Innoviva Inc. | 1,504,842 | 19,548 | |||
* | Varex Imaging Corp. | 1,037,726 | 19,499 | |||
* | Brookdale Senior Living Inc. | 4,592,984 | 19,015 | |||
* | Adaptive Biotechnologies Corp. | 3,343,928 | 18,224 | |||
* | AdaptHealth Corp. Class A | 1,922,695 | 17,497 | |||
*,1 | BioCryst Pharmaceuticals Inc. | 2,433,639 | 17,230 | |||
* | Nevro Corp. | 881,372 | 16,940 | |||
* | Multiplan Corp. | 10,009,492 | 16,816 |
Shares | Market Value ($000) | |||||
* | Alignment Healthcare Inc. | 2,419,730 | 16,793 | |||
* | Nuvalent Inc. Class A | 364,374 | 16,750 | |||
* | REGENXBIO Inc. | 1,016,282 | 16,728 | |||
*,1 | Novavax Inc. | 2,303,596 | 16,678 | |||
* | Editas Medicine Inc. | 2,096,856 | 16,355 | |||
* | Verve Therapeutics Inc. | 1,227,539 | 16,277 | |||
* | Rocket Pharmaceuticals Inc. | 775,660 | 15,893 | |||
* | OPKO Health Inc. | 9,928,314 | 15,885 | |||
* | Amneal Pharmaceuticals Inc. | 3,564,608 | 15,043 | |||
* | Kymera Therapeutics Inc. | 1,067,492 | 14,838 | |||
* | Treace Medical Concepts Inc. | 1,106,598 | 14,508 | |||
* | Cytek Biosciences Inc. | 2,626,891 | 14,500 | |||
* | Enhabit Inc. | 1,286,911 | 14,478 | |||
* | Silk Road Medical Inc. | 947,547 | 14,204 | |||
* | Health Catalyst Inc. | 1,390,040 | 14,067 | |||
* | Outset Medical Inc. | 1,278,973 | 13,915 | |||
HealthStream Inc. | 630,578 | 13,608 | ||||
* | Kiniksa Pharmaceuticals Ltd. Class A | 769,316 | 13,363 | |||
* | LifeStance Health Group Inc. | 1,941,862 | 13,341 | |||
* | Phreesia Inc. | 654,677 | 12,229 | |||
* | Arcus Biosciences Inc. | 623,105 | 11,185 | |||
* | GoodRx Holdings Inc. Class A | 1,944,443 | 10,947 | |||
*,1 | Prime Medicine Inc. | 1,124,615 | 10,729 | |||
*,1 | Sana Biotechnology Inc. | 2,529,314 | 9,788 | |||
*,1 | Day One Biopharmaceuticals Inc. | 781,108 | 9,584 | |||
*,1 | Clover Health Investments Corp. Class A | 8,667,842 | 9,361 | |||
* | Accolade Inc. | 876,574 | 9,274 | |||
* | ACELYRIN Inc. | 873,937 | 8,888 | |||
*,1 | Theravance Biopharma Inc. | 949,627 | 8,195 | |||
* | Allogene Therapeutics Inc. | 2,583,128 | 8,189 | |||
* | AnaptysBio Inc. | 443,207 | 7,960 | |||
* | 23andMe Holding Co. Class A | 7,440,908 | 7,275 | |||
Phibro Animal Health Corp. Class A | 522,478 | 6,672 | ||||
*,1 | Lyell Immunopharma Inc. | 4,513,483 | 6,635 | |||
*,1 | ImmunityBio Inc. | 3,515,581 | 5,941 | |||
* | Agiliti Inc. | 867,264 | 5,629 | |||
* | Alector Inc. | 807,716 | 5,234 | |||
* | CareDx Inc. | 658,832 | 4,612 | |||
*,1 | ProKidney Corp. Class A | 870,082 | 3,985 | |||
* | American Well Corp. Class A | 2,910,672 | 3,405 | |||
* | Innovage Holding Corp. | 519,061 | 3,109 | |||
* | Fate Therapeutics Inc. | 1,076,291 | 2,282 | |||
*,1 | Butterfly Network Inc. | 1,736,482 | 2,049 | |||
* | Erasca Inc. | 970,416 | 1,912 | |||
* | FibroGen Inc. | 1,198,752 | 1,034 | |||
*,1 | P3 Health Partners Inc. | 663,275 | 975 | |||
* | Cano Health Inc. | 2,933,965 | 744 | |||
*,1 | Neumora Therapeutics Inc. | 14,030 | 198 | |||
* | Emergent BioSolutions Inc. | 180 | 1 | |||
* | Cullinan Oncology Inc. | 108 | 1 | |||
*,1,2 | Synergy Pharmaceuticals LLC | 2,001,166 | — | |||
*,2 | OmniAb Inc. 12.5 Earnout | 156,690 | — | |||
*,2 | OmniAb Inc. 15 Earnout | 156,690 | — | |||
12,564,387 | ||||||
Industrials (21.6%) | ||||||
IDEX Corp. | 1,945,509 | 404,705 | ||||
* | Builders FirstSource Inc. | 3,217,668 | 400,568 | |||
Booz Allen Hamilton Holding Corp. Class A | 3,374,021 | 368,679 |
Shares | Market Value ($000) | |||||
* | Axon Enterprise Inc. | 1,827,876 | 363,729 | |||
Carlisle Cos. Inc. | 1,284,717 | 333,076 | ||||
Watsco Inc. | 863,032 | 325,984 | ||||
Graco Inc. | 4,348,896 | 316,948 | ||||
Owens Corning | 2,311,390 | 315,297 | ||||
RPM International Inc. | 3,321,709 | 314,931 | ||||
Lennox International Inc. | 822,499 | 307,977 | ||||
AECOM | 3,570,174 | 296,467 | ||||
Nordson Corp. | 1,320,490 | 294,694 | ||||
Pentair plc | 4,248,821 | 275,111 | ||||
* | Saia Inc. | 682,843 | 272,215 | |||
Lincoln Electric Holdings Inc. | 1,477,304 | 268,559 | ||||
* | Fair Isaac Corp. | 303,746 | 263,813 | |||
EMCOR Group Inc. | 1,212,880 | 255,178 | ||||
Regal Rexnord Corp. | 1,706,739 | 243,859 | ||||
Westrock Co. | 6,596,781 | 236,165 | ||||
Allegion plc | 2,259,022 | 235,390 | ||||
Howmet Aerospace Inc. | 5,038,020 | 233,008 | ||||
nVent Electric plc | 4,266,008 | 226,056 | ||||
Toro Co. | 2,674,194 | 222,226 | ||||
Advanced Drainage Systems Inc. | 1,924,057 | 219,015 | ||||
Hubbell Inc. Class B | 690,009 | 216,256 | ||||
A O Smith Corp. | 3,206,172 | 212,024 | ||||
* | XPO Inc. | 2,835,158 | 211,673 | |||
AptarGroup Inc. | 1,689,026 | 211,196 | ||||
Huntington Ingalls Industries Inc. | 1,026,070 | 209,913 | ||||
Tetra Tech Inc. | 1,370,448 | 208,349 | ||||
* | WEX Inc. | 1,105,411 | 207,917 | |||
ITT Inc. | 2,112,676 | 206,852 | ||||
* | TopBuild Corp. | 817,265 | 205,624 | |||
Fortune Brands Innovations Inc. | 3,265,544 | 202,986 | ||||
* | WillScot Mobile Mini Holdings Corp. | 4,824,275 | 200,642 | |||
Knight-Swift Transportation Holdings Inc. Class A | 3,943,603 | 197,772 | ||||
* | Paylocity Holding Corp. | 1,079,476 | 196,141 | |||
AGCO Corp. | 1,637,994 | 193,742 | ||||
Curtiss-Wright Corp. | 985,784 | 192,849 | ||||
Woodward Inc. | 1,545,162 | 192,002 | ||||
Robert Half Inc. | 2,618,060 | 191,851 | ||||
WESCO International Inc. | 1,322,675 | 190,227 | ||||
Cognex Corp. | 4,434,588 | 188,204 | ||||
Donaldson Co. Inc. | 3,119,975 | 186,075 | ||||
* | Chart Industries Inc. | 1,100,042 | 186,039 | |||
* | GXO Logistics Inc. | 3,060,518 | 179,499 | |||
Berry Global Group Inc. | 2,887,232 | 178,749 | ||||
* | Middleby Corp. | 1,379,544 | 176,582 | |||
BWX Technologies Inc. | 2,353,945 | 176,499 | ||||
Graphic Packaging Holding Co. | 7,905,852 | 176,142 | ||||
* | Generac Holdings Inc. | 1,602,009 | 174,555 | |||
* | Trex Co. Inc. | 2,794,218 | 172,208 | |||
Genpact Ltd. | 4,666,527 | 168,928 | ||||
Simpson Manufacturing Co. Inc. | 1,098,089 | 164,505 | ||||
Landstar System Inc. | 925,019 | 163,673 | ||||
Oshkosh Corp. | 1,680,538 | 160,374 | ||||
Littelfuse Inc. | 640,656 | 158,447 | ||||
Comfort Systems USA Inc. | 920,575 | 156,875 | ||||
* | FTI Consulting Inc. | 875,717 | 156,237 | |||
Applied Industrial Technologies Inc. | 994,865 | 153,816 | ||||
* | Axalta Coating Systems Ltd. | 5,704,982 | 153,464 |
Shares | Market Value ($000) | |||||
Eagle Materials Inc. | 911,650 | 151,808 | ||||
MSA Safety Inc. | 960,912 | 151,488 | ||||
MKS Instruments Inc. | 1,718,315 | 148,703 | ||||
Sensata Technologies Holding plc | 3,922,924 | 148,365 | ||||
* | Atkore Inc. | 972,595 | 145,101 | |||
Brunswick Corp. | 1,797,310 | 141,988 | ||||
Jack Henry & Associates Inc. | 938,598 | 141,860 | ||||
Sonoco Products Co. | 2,521,216 | 137,028 | ||||
Acuity Brands Inc. | 802,824 | 136,729 | ||||
* | ATI Inc. | 3,309,293 | 136,177 | |||
Allison Transmission Holdings Inc. | 2,303,328 | 136,035 | ||||
* | Fluor Corp. | 3,690,196 | 135,430 | |||
Flowserve Corp. | 3,376,697 | 134,291 | ||||
Western Union Co. | 9,638,650 | 127,037 | ||||
* | Kirby Corp. | 1,530,921 | 126,760 | |||
* | API Group Corp. | 4,854,565 | 125,879 | |||
Valmont Industries Inc. | 513,885 | 123,440 | ||||
Vontier Corp. | 3,981,112 | 123,096 | ||||
Sealed Air Corp. | 3,717,244 | 122,149 | ||||
Watts Water Technologies Inc. Class A | 704,773 | 121,799 | ||||
MSC Industrial Direct Co. Inc. Class A | 1,219,438 | 119,688 | ||||
* | Mohawk Industries Inc. | 1,393,431 | 119,570 | |||
Ryder System Inc. | 1,113,074 | 119,043 | ||||
* | MasTec Inc. | 1,623,729 | 116,860 | |||
Maximus Inc. | 1,564,226 | 116,816 | ||||
* | ExlService Holdings Inc. | 4,052,276 | 113,626 | |||
Exponent Inc. | 1,308,802 | 112,033 | ||||
*,1 | Affirm Holdings Inc. Class A | 5,190,422 | 110,400 | |||
Crane Co. | 1,241,913 | 110,332 | ||||
* | AZEK Co. Inc. Class A | 3,651,985 | 108,610 | |||
Badger Meter Inc. | 754,532 | 108,555 | ||||
Air Lease Corp. Class A | 2,714,704 | 106,986 | ||||
* | Beacon Roofing Supply Inc. | 1,380,192 | 106,509 | |||
Belden Inc. | 1,088,438 | 105,089 | ||||
Esab Corp. | 1,473,157 | 103,445 | ||||
MDU Resources Group Inc. | 5,240,683 | 102,613 | ||||
AAON Inc. | 1,785,378 | 101,534 | ||||
EnerSys | 1,056,247 | 99,995 | ||||
Zurn Elkay Water Solutions Corp. | 3,561,444 | 99,792 | ||||
GATX Corp. | 911,065 | 99,151 | ||||
* | ASGN Inc. | 1,183,662 | 96,682 | |||
* | Euronet Worldwide Inc. | 1,214,264 | 96,388 | |||
* | Summit Materials Inc. Class A | 3,060,390 | 95,301 | |||
HB Fuller Co. | 1,386,456 | 95,125 | ||||
Terex Corp. | 1,647,832 | 94,948 | ||||
Federal Signal Corp. | 1,569,819 | 93,765 | ||||
ManpowerGroup Inc. | 1,276,116 | 93,565 | ||||
Louisiana-Pacific Corp. | 1,670,323 | 92,319 | ||||
* | Flywire Corp. | 2,883,481 | 91,954 | |||
Silgan Holdings Inc. | 2,122,687 | 91,509 | ||||
Insperity Inc. | 932,707 | 91,032 | ||||
* | SPX Technologies Inc. | 1,114,946 | 90,757 | |||
Franklin Electric Co. Inc. | 1,012,332 | 90,330 | ||||
*,1 | TriNet Group Inc. | 760,066 | 88,532 | |||
John Bean Technologies Corp. | 819,629 | 86,176 | ||||
Moog Inc. Class A | 739,355 | 83,518 | ||||
* | AMN Healthcare Services Inc. | 977,801 | 83,289 | |||
Armstrong World Industries Inc. | 1,151,334 | 82,896 |
Shares | Market Value ($000) | |||||
Brink's Co. | 1,135,421 | 82,477 | ||||
Herc Holdings Inc. | 691,800 | 82,283 | ||||
Otter Tail Corp. | 1,073,471 | 81,498 | ||||
* | Shift4 Payments Inc. Class A | 1,453,519 | 80,481 | |||
Installed Building Products Inc. | 621,577 | 77,629 | ||||
* | Verra Mobility Corp. Class A | 4,148,804 | 77,583 | |||
FTAI Aviation Ltd. | 2,180,305 | 77,510 | ||||
* | Core & Main Inc. Class A | 2,670,649 | 77,048 | |||
Matson Inc. | 862,851 | 76,552 | ||||
* | Remitly Global Inc. | 3,031,561 | 76,456 | |||
Hillenbrand Inc. | 1,800,220 | 76,167 | ||||
* | AeroVironment Inc. | 676,816 | 75,485 | |||
Encore Wire Corp. | 411,024 | 74,995 | ||||
* | Marqeta Inc. Class A | 12,252,958 | 73,273 | |||
* | Itron Inc. | 1,170,313 | 70,898 | |||
ESCO Technologies Inc. | 663,811 | 69,328 | ||||
Albany International Corp. Class A | 803,391 | 69,317 | ||||
Crane NXT Co. | 1,242,786 | 69,062 | ||||
ABM Industries Inc. | 1,703,127 | 68,142 | ||||
*,1 | Bloom Energy Corp. Class A | 5,122,748 | 67,928 | |||
* | GMS Inc. | 1,049,718 | 67,150 | |||
* | O-I Glass Inc. | 3,991,708 | 66,781 | |||
Korn Ferry | 1,379,753 | 65,455 | ||||
EnPro Industries Inc. | 538,213 | 65,226 | ||||
* | Knife River Corp. | 1,310,713 | 64,002 | |||
* | Dycom Industries Inc. | 717,452 | 63,853 | |||
* | Alight Inc. Class A | 8,976,053 | 63,640 | |||
UniFirst Corp. | 388,912 | 63,397 | ||||
McGrath RentCorp | 630,460 | 63,197 | ||||
* | ACI Worldwide Inc. | 2,796,139 | 63,081 | |||
EVERTEC Inc. | 1,664,384 | 61,882 | ||||
Brady Corp. Class A | 1,123,097 | 61,680 | ||||
* | Hub Group Inc. Class A | 768,499 | 60,358 | |||
ArcBest Corp. | 587,784 | 59,748 | ||||
* | RXO Inc. | 3,012,616 | 59,439 | |||
*,1 | Joby Aviation Inc. | 8,934,106 | 57,625 | |||
Werner Enterprises Inc. | 1,469,298 | 57,229 | ||||
* | Resideo Technologies Inc. | 3,612,747 | 57,081 | |||
ADT Inc. | 8,928,152 | 53,569 | ||||
* | Masonite International Corp. | 566,837 | 52,841 | |||
* | Mercury Systems Inc. | 1,424,083 | 52,819 | |||
Trinity Industries Inc. | 2,108,645 | 51,346 | ||||
Mueller Water Products Inc. Class A | 4,031,560 | 51,120 | ||||
Kennametal Inc. | 2,053,637 | 51,095 | ||||
* | Huron Consulting Group Inc. | 490,083 | 51,047 | |||
* | AAR Corp. | 856,366 | 50,979 | |||
* | Kratos Defense & Security Solutions Inc. | 3,299,592 | 49,560 | |||
Griffon Corp. | 1,195,965 | 47,444 | ||||
Helios Technologies Inc. | 851,310 | 47,231 | ||||
* | Hayward Holdings Inc. | 3,295,842 | 46,471 | |||
* | OSI Systems Inc. | 388,022 | 45,802 | |||
Forward Air Corp. | 662,314 | 45,527 | ||||
Standex International Corp. | 305,466 | 44,503 | ||||
Bread Financial Holdings Inc. | 1,294,382 | 44,268 | ||||
* | Spirit AeroSystems Holdings Inc. Class A | 2,714,310 | 43,809 | |||
* | Gates Industrial Corp. plc | 3,743,668 | 43,464 | |||
1 | Granite Construction Inc. | 1,132,217 | 43,047 | |||
Primoris Services Corp. | 1,306,060 | 42,747 |
Shares | Market Value ($000) | |||||
*,1 | Aurora Innovation Inc. Class A | 18,054,188 | 42,427 | |||
Barnes Group Inc. | 1,239,780 | 42,115 | ||||
Greif Inc. Class A | 623,940 | 41,685 | ||||
*,1 | Enovix Corp. | 3,303,094 | 41,454 | |||
* | Hillman Solutions Corp. | 5,021,720 | 41,429 | |||
* | Payoneer Global Inc. | 6,483,450 | 39,679 | |||
Enerpac Tool Group Corp. Class A | 1,446,869 | 38,241 | ||||
* | AvidXchange Holdings Inc. | 3,910,996 | 37,076 | |||
* | Air Transport Services Group Inc. | 1,733,956 | 36,188 | |||
* | Mirion Technologies Inc. Class A | 4,778,326 | 35,694 | |||
Tennant Co. | 477,363 | 35,396 | ||||
H&E Equipment Services Inc. | 797,887 | 34,461 | ||||
* | Vicor Corp. | 584,579 | 34,426 | |||
* | Legalzoom.com Inc. | 3,123,321 | 34,169 | |||
Lindsay Corp. | 284,078 | 33,430 | ||||
* | CoreCivic Inc. | 2,772,137 | 31,187 | |||
Greenbrier Cos. Inc. | 753,608 | 30,144 | ||||
*,1 | Rocket Lab USA Inc. | 6,828,057 | 29,907 | |||
Kforce Inc. | 490,996 | 29,293 | ||||
* | Cimpress plc | 406,309 | 28,446 | |||
AZZ Inc. | 610,400 | 27,822 | ||||
* | JELD-WEN Holding Inc. | 2,078,717 | 27,772 | |||
Astec Industries Inc. | 584,002 | 27,512 | ||||
Schneider National Inc. Class B | 964,845 | 26,717 | ||||
Apogee Enterprises Inc. | 567,054 | 26,697 | ||||
* | Gibraltar Industries Inc. | 390,760 | 26,380 | |||
TriMas Corp. | 1,064,045 | 26,346 | ||||
Wabash National Corp. | 1,207,165 | 25,495 | ||||
International Seaways Inc. | 565,105 | 25,430 | ||||
* | Janus International Group Inc. | 2,262,735 | 24,211 | |||
Quanex Building Products Corp. | 846,439 | 23,844 | ||||
* | Thermon Group Holdings Inc. | 865,349 | 23,771 | |||
* | Leonardo DRS Inc. | 1,346,595 | 22,488 | |||
Deluxe Corp. | 1,120,356 | 21,164 | ||||
*,1 | PureCycle Technologies Inc. | 3,369,773 | 18,904 | |||
Gorman-Rupp Co. | 571,940 | 18,817 | ||||
* | ZipRecruiter Inc. Class A | 1,509,907 | 18,104 | |||
First Advantage Corp. | 1,305,266 | 18,000 | ||||
* | Proto Labs Inc. | 670,295 | 17,696 | |||
Heartland Express Inc. | 1,116,508 | 16,402 | ||||
* | Green Dot Corp. Class A | 1,142,875 | 15,920 | |||
* | American Woodmark Corp. | 210,361 | 15,905 | |||
* | Conduent Inc. | 4,474,491 | 15,571 | |||
*,1 | Nikola Corp. | 9,897,092 | 15,538 | |||
*,1 | Virgin Galactic Holdings Inc. | 8,015,104 | 14,427 | |||
Kaman Corp. | 724,889 | 14,244 | ||||
Kelly Services Inc. Class A | 782,345 | 14,231 | ||||
Pitney Bowes Inc. | 4,295,567 | 12,973 | ||||
TTEC Holdings Inc. | 487,186 | 12,774 | ||||
REV Group Inc. | 764,148 | 12,226 | ||||
* | Sterling Check Corp. | 865,960 | 10,928 | |||
Hyster-Yale Materials Handling Inc. | 240,878 | 10,738 | ||||
*,1 | Symbotic Inc. Class A | 311,599 | 10,417 | |||
National Presto Industries Inc. | 136,358 | 9,881 | ||||
*,1 | Atmus Filtration Technologies Inc. | 438,767 | 9,148 | |||
* | Forrester Research Inc. | 296,139 | 8,558 | |||
*,1 | Desktop Metal Inc. Class A | 5,809,327 | 8,482 | |||
* | BrightView Holdings Inc. | 1,079,517 | 8,366 |
Shares | Market Value ($000) | |||||
* | CryoPort Inc. | 596,345 | 8,176 | |||
* | Triumph Group Inc. | 985,305 | 7,547 | |||
Pactiv Evergreen Inc. | 916,417 | 7,450 | ||||
*,1 | Paymentus Holdings Inc. Class A | 412,512 | 6,848 | |||
* | Advantage Solutions Inc. | 2,073,449 | 5,889 | |||
* | TaskUS Inc. Class A | 560,098 | 5,814 | |||
* | TrueBlue Inc. | 378,351 | 5,550 | |||
Kronos Worldwide Inc. | 590,884 | 4,579 | ||||
*,1 | Microvast Holdings Inc. | 2,185,500 | 4,131 | |||
Greif Inc. Class B | 52,587 | 3,500 | ||||
*,1 | MSP Recovery Inc. | 1,646,290 | 354 | |||
* | FARO Technologies Inc. | 70 | 1 | |||
* | Hyliion Holdings Corp. | 506 | 1 | |||
* | TuSimple Holdings Inc. Class A | 566 | 1 | |||
* | Global Business Travel Group I | 200 | 1 | |||
*,2 | GCI Liberty Inc. | 12,511 | — | |||
25,450,646 | ||||||
Real Estate (7.0%) | ||||||
Gaming & Leisure Properties Inc. | 6,419,572 | 292,411 | ||||
Kimco Realty Corp. | 15,952,229 | 280,600 | ||||
Equity LifeStyle Properties Inc. | 4,313,964 | 274,843 | ||||
American Homes 4 Rent Class A | 7,903,713 | 266,276 | ||||
Rexford Industrial Realty Inc. | 4,883,170 | 240,984 | ||||
CubeSmart | 5,785,307 | 220,594 | ||||
Americold Realty Trust Inc. | 6,954,355 | 211,482 | ||||
Omega Healthcare Investors Inc. | 6,301,566 | 208,960 | ||||
EastGroup Properties Inc. | 1,168,284 | 194,554 | ||||
Federal Realty Investment Trust | 2,097,744 | 190,118 | ||||
Lamar Advertising Co. Class A | 2,252,949 | 188,054 | ||||
* | Jones Lang LaSalle Inc. | 1,227,483 | 173,296 | |||
NNN REIT Inc. | 4,692,809 | 165,844 | ||||
First Industrial Realty Trust Inc. | 3,402,960 | 161,947 | ||||
Brixmor Property Group Inc. | 7,734,400 | 160,721 | ||||
STAG Industrial Inc. | 4,623,098 | 159,543 | ||||
Healthcare Realty Trust Inc. Class A | 9,803,262 | 149,696 | ||||
Host Hotels & Resorts Inc. | 9,156,405 | 147,143 | ||||
Regency Centers Corp. | 2,375,171 | 141,180 | ||||
Agree Realty Corp. | 2,477,080 | 136,834 | ||||
Terreno Realty Corp. | 2,159,625 | 122,667 | ||||
Spirit Realty Capital Inc. | 3,637,179 | 121,955 | ||||
Ryman Hospitality Properties Inc. | 1,459,402 | 121,539 | ||||
Kite Realty Group Trust | 5,646,413 | 120,946 | ||||
Apartment Income REIT Corp. Class A | 3,840,873 | 117,915 | ||||
Rayonier Inc. | 3,816,740 | 108,624 | ||||
Boston Properties Inc. | 1,816,867 | 108,067 | ||||
Phillips Edison & Co. Inc. | 3,021,731 | 101,349 | ||||
1 | Vornado Realty Trust | 4,414,691 | 100,125 | |||
Kilroy Realty Corp. | 3,016,812 | 95,361 | ||||
PotlatchDeltic Corp. | 2,056,933 | 93,364 | ||||
Essential Properties Realty Trust Inc. | 4,014,979 | 86,844 | ||||
1 | Medical Properties Trust Inc. | 15,404,408 | 83,954 | |||
Sabra Health Care REIT Inc. | 5,952,242 | 82,974 | ||||
Independence Realty Trust Inc. | 5,786,071 | 81,410 | ||||
Apple Hospitality REIT Inc. | 5,300,195 | 81,305 | ||||
EPR Properties | 1,938,580 | 80,529 | ||||
Cousins Properties Inc. | 3,908,058 | 79,607 | ||||
Physicians Realty Trust | 6,139,611 | 74,842 | ||||
DigitalBridge Group Inc. | 4,183,423 | 73,545 |
Shares | Market Value ($000) | |||||
COPT Defense Properties | 2,897,215 | 69,041 | ||||
Broadstone Net Lease Inc. | 4,821,634 | 68,949 | ||||
LXP Industrial Trust | 7,534,233 | 67,055 | ||||
National Storage Affiliates Trust | 2,067,802 | 65,632 | ||||
Park Hotels & Resorts Inc. | 5,277,162 | 65,015 | ||||
* | Howard Hughes Holdings Inc. | 838,786 | 62,179 | |||
1 | SL Green Realty Corp. | 1,658,121 | 61,848 | |||
Macerich Co. | 5,543,161 | 60,476 | ||||
1 | Hannon Armstrong Sustainable Infrastructure Capital Inc. | 2,761,989 | 58,554 | |||
Tanger Factory Outlet Centers Inc. | 2,573,339 | 58,157 | ||||
SITE Centers Corp. | 4,581,537 | 56,490 | ||||
Highwoods Properties Inc. | 2,721,928 | 56,099 | ||||
Innovative Industrial Properties Inc. | 722,106 | 54,635 | ||||
National Health Investors Inc. | 1,062,247 | 54,557 | ||||
St. Joe Co. | 977,283 | 53,096 | ||||
CareTrust REIT Inc. | 2,562,605 | 52,533 | ||||
Douglas Emmett Inc. | 4,080,851 | 52,072 | ||||
Sunstone Hotel Investors Inc. | 5,338,331 | 49,913 | ||||
Equity Commonwealth | 2,685,680 | 49,336 | ||||
Global Net Lease Inc. | 5,013,862 | 48,183 | ||||
Urban Edge Properties | 2,880,323 | 43,954 | ||||
Pebblebrook Hotel Trust | 3,106,527 | 42,218 | ||||
DiamondRock Hospitality Co. | 5,134,681 | 41,231 | ||||
Kennedy-Wilson Holdings Inc. | 2,695,580 | 39,733 | ||||
InvenTrust Properties Corp. | 1,654,325 | 39,389 | ||||
Outfront Media Inc. | 3,830,405 | 38,687 | ||||
JBG SMITH Properties | 2,656,899 | 38,419 | ||||
Retail Opportunity Investments Corp. | 3,086,805 | 38,215 | ||||
RLJ Lodging Trust | 3,858,271 | 37,772 | ||||
* | Opendoor Technologies Inc. | 13,545,512 | 35,760 | |||
Acadia Realty Trust | 2,448,033 | 35,129 | ||||
LTC Properties Inc. | 1,063,597 | 34,173 | ||||
* | Cushman & Wakefield plc | 4,395,745 | 33,496 | |||
Veris Residential Inc. | 2,010,092 | 33,166 | ||||
Service Properties Trust | 4,270,232 | 32,838 | ||||
Xenia Hotels & Resorts Inc. | 2,768,293 | 32,610 | ||||
Getty Realty Corp. | 1,167,466 | 32,374 | ||||
1 | eXp World Holdings Inc. | 1,972,513 | 32,034 | |||
Alexander & Baldwin Inc. | 1,865,497 | 31,210 | ||||
Elme Communities | 2,255,909 | 30,771 | ||||
Uniti Group Inc. | 6,131,055 | 28,939 | ||||
Empire State Realty Trust Inc. Class A | 3,290,127 | 26,453 | ||||
* | GEO Group Inc. | 3,077,037 | 25,170 | |||
* | Compass Inc. Class A | 8,380,133 | 24,302 | |||
Hudson Pacific Properties Inc. | 3,620,009 | 24,073 | ||||
RPT Realty | 2,228,705 | 23,535 | ||||
* | Apartment Investment & Management Co. Class A | 3,417,763 | 23,241 | |||
Centerspace | 383,971 | 23,138 | ||||
American Assets Trust Inc. | 1,169,869 | 22,754 | ||||
Newmark Group Inc. Class A | 3,522,882 | 22,652 | ||||
Paramount Group Inc. | 4,744,274 | 21,919 | ||||
Brandywine Realty Trust | 4,420,310 | 20,068 | ||||
* | Redfin Corp. | 2,781,188 | 19,580 | |||
Piedmont Office Realty Trust Inc. Class A | 3,177,047 | 17,855 | ||||
Marcus & Millichap Inc. | 592,729 | 17,391 | ||||
* | Anywhere Real Estate Inc. | 2,692,676 | 17,314 | |||
Universal Health Realty Income Trust | 319,583 | 12,921 | ||||
* | Forestar Group Inc. | 448,662 | 12,087 |
Shares | Market Value ($000) | |||||
Saul Centers Inc. | 338,341 | 11,933 | ||||
Alexander's Inc. | 59,033 | 10,758 | ||||
RMR Group Inc. Class A | 380,971 | 9,341 | ||||
Summit Hotel Properties Inc. | 1,312,582 | 7,613 | ||||
Bridge Investment Group Holdings Inc. Class A | 771,685 | 7,099 | ||||
Office Properties Income Trust | 196 | 1 | ||||
*,2 | Spirit MTA REIT | 529,410 | — | |||
*,1 | WeWork Inc. Class A | 54 | — | |||
8,219,138 | ||||||
Technology (12.9%) | ||||||
* | PTC Inc. | 3,045,297 | 431,458 | |||
Jabil Inc. | 3,199,485 | 405,983 | ||||
Entegris Inc. | 3,862,743 | 362,750 | ||||
Vertiv Holdings Co. Class A | 8,813,700 | 327,870 | ||||
* | Super Micro Computer Inc. | 1,148,187 | 314,856 | |||
* | Manhattan Associates Inc. | 1,586,783 | 313,644 | |||
* | Lattice Semiconductor Corp. | 3,546,877 | 304,783 | |||
* | Dynatrace Inc. | 6,037,986 | 282,155 | |||
* | Pure Storage Inc. Class A | 7,518,212 | 267,799 | |||
* | Ceridian HCM Holding Inc. | 3,804,826 | 258,157 | |||
* | F5 Inc. | 1,525,985 | 245,897 | |||
* | Nutanix Inc. Class A | 6,067,404 | 211,631 | |||
KBR Inc. | 3,471,681 | 204,621 | ||||
National Instruments Corp. | 3,416,660 | 203,701 | ||||
* | AppLovin Corp. Class A | 4,983,544 | 199,142 | |||
* | Guidewire Software Inc. | 2,095,961 | 188,637 | |||
* | CACI International Inc. Class A | 586,657 | 184,169 | |||
Universal Display Corp. | 1,157,309 | 181,686 | ||||
* | Arrow Electronics Inc. | 1,432,083 | 179,354 | |||
* | Dropbox Inc. Class A | 6,522,907 | 177,619 | |||
* | Elastic NV | 2,005,277 | 162,909 | |||
Leidos Holdings Inc. | 1,766,969 | 162,844 | ||||
* | Onto Innovation Inc. | 1,262,542 | 160,999 | |||
* | SPS Commerce Inc. | 943,210 | 160,921 | |||
* | UiPath Inc. Class A | 9,240,523 | 158,105 | |||
* | Rambus Inc. | 2,808,096 | 156,664 | |||
* | Fabrinet | 931,375 | 155,186 | |||
* | Aspen Technology Inc. | 745,610 | 152,298 | |||
Science Applications International Corp. | 1,381,224 | 145,774 | ||||
* | Procore Technologies Inc. | 2,198,739 | 143,622 | |||
* | Axcelis Technologies Inc. | 844,173 | 137,642 | |||
* | Confluent Inc. Class A | 4,636,039 | 137,273 | |||
* | Qualys Inc. | 897,547 | 136,921 | |||
* | Tenable Holdings Inc. | 2,976,142 | 133,331 | |||
* | Insight Enterprises Inc. | 915,224 | 133,165 | |||
* | Novanta Inc. | 921,699 | 132,209 | |||
* | Smartsheet Inc. Class A | 3,266,850 | 132,177 | |||
* | Coherent Corp. | 3,871,096 | 126,353 | |||
* | New Relic Inc. | 1,445,736 | 123,784 | |||
* | Workiva Inc. Class A | 1,217,981 | 123,430 | |||
* | Wolfspeed Inc. | 3,223,624 | 122,820 | |||
Dolby Laboratories Inc. Class A | 1,532,252 | 121,446 | ||||
TD SYNNEX Corp. | 1,206,239 | 120,455 | ||||
* | Five9 Inc. | 1,858,573 | 119,506 | |||
* | Teradata Corp. | 2,570,498 | 115,724 | |||
Avnet Inc. | 2,354,169 | 113,447 | ||||
Power Integrations Inc. | 1,476,684 | 112,686 | ||||
* | MACOM Technology Solutions Holdings Inc. | 1,369,810 | 111,749 |
Shares | Market Value ($000) | |||||
* | DXC Technology Co. | 5,278,598 | 109,953 | |||
* | Cirrus Logic Inc. | 1,407,521 | 104,100 | |||
Advanced Energy Industries Inc. | 969,137 | 99,937 | ||||
* | IAC Inc. | 1,957,606 | 98,644 | |||
* | SentinelOne Inc. Class A | 5,831,937 | 98,326 | |||
* | Blackbaud Inc. | 1,385,788 | 97,449 | |||
* | Gitlab Inc. Class A | 2,109,063 | 95,372 | |||
* | Toast Inc. Class A | 5,023,105 | 94,083 | |||
* | Freshworks Inc. Class A | 4,685,438 | 93,334 | |||
* | NCR Corp. | 3,444,515 | 92,899 | |||
* | Samsara Inc. Class A | 3,680,242 | 92,779 | |||
Concentrix Corp. | 1,139,032 | 91,248 | ||||
* | Silicon Laboratories Inc. | 778,900 | 90,267 | |||
* | Kyndryl Holdings Inc. | 5,890,398 | 88,945 | |||
* | Synaptics Inc. | 992,922 | 88,807 | |||
* | Diodes Inc. | 1,122,935 | 88,532 | |||
* | Appfolio Inc. Class A | 484,693 | 88,520 | |||
* | Altair Engineering Inc. Class A | 1,391,577 | 87,057 | |||
*,1 | MicroStrategy Inc. Class A | 265,133 | 87,038 | |||
* | Box Inc. Class A | 3,540,473 | 85,715 | |||
* | DoubleVerify Holdings Inc. | 3,015,958 | 84,296 | |||
* | Varonis Systems Inc. Class B | 2,681,180 | 81,883 | |||
Vishay Intertechnology Inc. | 3,267,055 | 80,762 | ||||
* | BlackLine Inc. | 1,412,760 | 78,366 | |||
* | CommVault Systems Inc. | 1,129,116 | 76,340 | |||
* | ZoomInfo Technologies Inc. Class A | 4,650,611 | 76,270 | |||
* | Sanmina Corp. | 1,399,430 | 75,961 | |||
* | Alarm.com Holdings Inc. | 1,220,406 | 74,616 | |||
* | IPG Photonics Corp. | 731,614 | 74,288 | |||
Dun & Bradstreet Holdings Inc. | 7,350,559 | 73,432 | ||||
* | Ziff Davis Inc. | 1,136,824 | 72,404 | |||
* | Yelp Inc. Class A | 1,680,302 | 69,884 | |||
* | FormFactor Inc. | 1,999,240 | 69,853 | |||
* | Rapid7 Inc. | 1,490,972 | 68,257 | |||
*,1 | C3.ai Inc. Class A | 2,652,252 | 67,685 | |||
* | Plexus Corp. | 707,573 | 65,790 | |||
* | CCC Intelligent Solutions Holdings Inc. | 4,883,701 | 65,197 | |||
Amkor Technology Inc. | 2,847,515 | 64,354 | ||||
* | Rogers Corp. | 479,412 | 63,028 | |||
*,1 | IonQ Inc. | 4,174,523 | 62,117 | |||
* | RingCentral Inc. Class A | 2,073,462 | 61,437 | |||
* | Sprout Social Inc. Class A | 1,185,197 | 59,118 | |||
* | Parsons Corp. | 1,080,388 | 58,719 | |||
Progress Software Corp. | 1,116,523 | 58,707 | ||||
* | Alteryx Inc. Class A | 1,545,409 | 58,246 | |||
* | Braze Inc. Class A | 1,233,189 | 57,627 | |||
* | Fastly Inc. Class A | 2,995,095 | 57,416 | |||
* | Envestnet Inc. | 1,263,918 | 55,650 | |||
* | Allegro MicroSystems Inc. | 1,734,313 | 55,394 | |||
* | nCino Inc. | 1,735,156 | 55,178 | |||
* | HashiCorp Inc. Class A | 2,328,129 | 53,151 | |||
* | Perficient Inc. | 896,792 | 51,888 | |||
* | Ambarella Inc. | 969,247 | 51,399 | |||
* | JFrog Ltd. | 2,005,289 | 50,854 | |||
* | NetScout Systems Inc. | 1,765,934 | 49,481 | |||
* | SiTime Corp. | 429,301 | 49,048 | |||
* | Appian Corp. Class A | 1,072,473 | 48,916 | |||
* | PagerDuty Inc. | 2,138,414 | 48,093 |
Shares | Market Value ($000) | |||||
* | LiveRamp Holdings Inc. | 1,620,292 | 46,729 | |||
Pegasystems Inc. | 1,072,765 | 46,569 | ||||
* | Q2 Holdings Inc. | 1,430,833 | 46,173 | |||
* | Schrodinger Inc. | 1,616,406 | 45,696 | |||
* | Credo Technology Group Holding Ltd. | 2,899,606 | 44,219 | |||
Xerox Holdings Corp. | 2,793,682 | 43,833 | ||||
* | Semtech Corp. | 1,648,708 | 42,454 | |||
* | Cargurus Inc. Class A | 2,387,760 | 41,834 | |||
* | MaxLinear Inc. Class A | 1,879,770 | 41,825 | |||
Clear Secure Inc. Class A | 2,179,374 | 41,495 | ||||
* | Squarespace Inc. Class A | 1,378,667 | 39,940 | |||
CSG Systems International Inc. | 777,677 | 39,755 | ||||
* | Veeco Instruments Inc. | 1,380,531 | 38,807 | |||
* | Asana Inc. Class A | 2,024,306 | 37,065 | |||
* | PROS Holdings Inc. | 1,068,095 | 36,977 | |||
* | Bumble Inc. Class A | 2,464,532 | 36,771 | |||
* | Paycor HCM Inc. | 1,593,976 | 36,391 | |||
* | Verint Systems Inc. | 1,568,772 | 36,066 | |||
* | DigitalOcean Holdings Inc. | 1,483,382 | 35,646 | |||
* | Upwork Inc. | 3,118,102 | 35,422 | |||
* | Veradigm Inc. | 2,677,835 | 35,187 | |||
* | Sprinklr Inc. Class A | 2,400,424 | 33,222 | |||
* | TTM Technologies Inc. | 2,534,700 | 32,647 | |||
* | Jamf Holding Corp. | 1,771,668 | 31,288 | |||
* | Impinj Inc. | 551,938 | 30,373 | |||
* | Zeta Global Holdings Corp. Class A | 3,514,640 | 29,347 | |||
Adeia Inc. | 2,604,845 | 27,820 | ||||
* | Zuora Inc. Class A | 3,316,837 | 27,331 | |||
* | Vertex Inc. Class A | 1,137,274 | 26,271 | |||
* | Magnite Inc. | 3,341,936 | 25,198 | |||
Shutterstock Inc. | 648,656 | 24,681 | ||||
* | AvePoint Inc. | 3,571,531 | 24,001 | |||
* | Everbridge Inc. | 1,046,957 | 23,473 | |||
* | E2open Parent Holdings Inc. | 5,062,150 | 22,982 | |||
* | N-able Inc. | 1,640,774 | 21,166 | |||
Benchmark Electronics Inc. | 870,380 | 21,115 | ||||
Methode Electronics Inc. | 911,125 | 20,819 | ||||
* | Intapp Inc. | 604,322 | 20,257 | |||
* | Cerence Inc. | 984,198 | 20,048 | |||
* | Eventbrite Inc. Class A | 2,014,196 | 19,860 | |||
* | Informatica Inc. Class A | 939,824 | 19,802 | |||
* | Amplitude Inc. Class A | 1,693,330 | 19,592 | |||
* | ScanSource Inc. | 638,166 | 19,343 | |||
* | EngageSmart Inc. | 1,074,650 | 19,333 | |||
*,1 | Xometry Inc. Class A | 1,047,024 | 17,778 | |||
* | Alkami Technology Inc. | 968,166 | 17,640 | |||
*,1 | Klaviyo Inc. Class A | 493,132 | 17,013 | |||
*,1 | Getty Images Holdings Inc. | 2,549,184 | 16,544 | |||
* | BigCommerce Holdings Inc. | 1,638,825 | 16,175 | |||
* | Yext Inc. | 2,548,557 | 16,132 | |||
* | Olo Inc. Class A | 2,644,289 | 16,024 | |||
* | 3D Systems Corp. | 3,257,073 | 15,992 | |||
* | Digital Turbine Inc. | 2,452,756 | 14,839 | |||
* | PubMatic Inc. Class A | 1,095,554 | 13,256 | |||
* | Vimeo Inc. | 3,639,810 | 12,885 | |||
* | Planet Labs PBC | 4,910,068 | 12,766 | |||
* | Couchbase Inc. | 715,237 | 12,273 | |||
* | SolarWinds Corp. | 1,269,474 | 11,984 |
Shares | Market Value ($000) | |||||
* | nLight Inc. | 1,133,088 | 11,784 | |||
* | Consensus Cloud Solutions Inc. | 454,241 | 11,438 | |||
* | CEVA Inc. | 576,768 | 11,184 | |||
*,1 | SmartRent Inc. Class A | 4,114,622 | 10,739 | |||
* | Thoughtworks Holding Inc. | 2,448,207 | 9,989 | |||
* | Definitive Healthcare Corp. Class A | 1,164,008 | 9,300 | |||
* | NerdWallet Inc. Class A | 945,333 | 8,404 | |||
*,1 | Rumble Inc. | 1,588,977 | 8,104 | |||
* | SEMrush Holdings Inc. Class A | 917,618 | 7,800 | |||
* | Matterport Inc. | 3,293,702 | 7,147 | |||
* | MeridianLink Inc. | 418,245 | 7,135 | |||
* | Enfusion Inc. Class A | 757,116 | 6,791 | |||
* | Nextdoor Holdings Inc. | 3,639,168 | 6,623 | |||
Ebix Inc. | 634,932 | 6,273 | ||||
* | EverCommerce Inc. | 482,922 | 4,844 | |||
*,1 | MediaAlpha Inc. Class A | 479,912 | 3,964 | |||
* | Rackspace Technology Inc. | 705,759 | 1,659 | |||
* | SecureWorks Corp. Class A | 184,311 | 1,145 | |||
*,1 | Maplebear Inc. | 6,951 | 206 | |||
* | LivePerson Inc. | 304 | 1 | |||
* | Expensify Inc. Class A | 136 | — | |||
15,112,116 | ||||||
Telecommunications (1.3%) | ||||||
Juniper Networks Inc. | 8,268,589 | 229,784 | ||||
* | Ciena Corp. | 3,847,200 | 181,819 | |||
Iridium Communications Inc. | 2,897,321 | 131,799 | ||||
* | Roku Inc. Class A | 1,596,909 | 112,726 | |||
* | Frontier Communications Parent Inc. | 6,326,629 | 99,012 | |||
* | Lumentum Holdings Inc. | 1,631,052 | 73,691 | |||
Cable One Inc. | 115,787 | 71,283 | ||||
Cogent Communications Holdings Inc. | 1,132,563 | 70,106 | ||||
* | Calix Inc. | 1,451,393 | 66,532 | |||
1 | InterDigital Inc. | 680,187 | 54,578 | |||
* | Viasat Inc. | 2,875,782 | 53,087 | |||
* | Viavi Solutions Inc. | 5,706,377 | 52,156 | |||
Telephone & Data Systems Inc. | 2,442,148 | 44,716 | ||||
* | Extreme Networks Inc. | 1,592,220 | 38,548 | |||
* | DISH Network Corp. Class A | 6,449,601 | 37,795 | |||
* | Lumen Technologies Inc. | 25,890,892 | 36,765 | |||
Shenandoah Telecommunications Co. | 1,226,517 | 25,278 | ||||
*,1 | Globalstar Inc. | 18,493,874 | 24,227 | |||
*,1 | Infinera Corp. | 4,954,517 | 20,710 | |||
* | Altice USA Inc. Class A | 5,556,291 | 18,169 | |||
* | CommScope Holding Co. Inc. | 5,171,283 | 17,375 | |||
* | EchoStar Corp. Class A | 882,370 | 14,780 | |||
* | United States Cellular Corp. | 335,596 | 14,420 | |||
ADTRAN Holdings Inc. | 1,717,847 | 14,138 | ||||
* | Xperi Inc. | 1,059,486 | 10,446 | |||
* | WideOpenWest Inc. | 1,289,771 | 9,867 | |||
* | Gogo Inc. | 826,387 | 9,859 | |||
*,1 | fuboTV Inc. | 3,569,600 | 9,531 | |||
ATN International Inc. | 280,569 | 8,855 | ||||
* | 8x8 Inc. | 434 | 1 | |||
* | NETGEAR Inc. | 114 | 1 | |||
1,552,054 | ||||||
Utilities (3.1%) | ||||||
Atmos Energy Corp. | 3,819,783 | 404,630 |
Shares | Market Value ($000) | |||||
NRG Energy Inc. | 5,897,017 | 227,153 | ||||
Pinnacle West Capital Corp. | 2,915,158 | 214,789 | ||||
Essential Utilities Inc. | 6,126,326 | 210,317 | ||||
* | Clean Harbors Inc. | 1,254,242 | 209,910 | |||
OGE Energy Corp. | 5,153,489 | 171,766 | ||||
Vistra Corp. | 4,729,097 | 156,911 | ||||
UGI Corp. | 5,393,452 | 124,049 | ||||
National Fuel Gas Co. | 2,363,158 | 122,672 | ||||
IDACORP Inc. | 1,302,325 | 121,963 | ||||
* | Casella Waste Systems Inc. Class A | 1,466,747 | 111,913 | |||
* | Stericycle Inc. | 2,382,041 | 106,501 | |||
Southwest Gas Holdings Inc. | 1,744,346 | 105,376 | ||||
Portland General Electric Co. | 2,601,435 | 105,306 | ||||
New Jersey Resources Corp. | 2,510,494 | 102,001 | ||||
PNM Resources Inc. | 2,208,567 | 98,524 | ||||
ONE Gas Inc. | 1,427,073 | 97,441 | ||||
Ormat Technologies Inc. | 1,318,701 | 92,204 | ||||
Black Hills Corp. | 1,727,267 | 87,382 | ||||
ALLETE Inc. | 1,477,498 | 78,012 | ||||
American States Water Co. | 952,094 | 74,911 | ||||
Northwestern Energy Group Inc. | 1,545,365 | 74,270 | ||||
Spire Inc. | 1,286,434 | 72,786 | ||||
California Water Service Group | 1,486,261 | 70,315 | ||||
* | Sunrun Inc. | 5,311,805 | 66,716 | |||
MGE Energy Inc. | 931,218 | 63,798 | ||||
Avista Corp. | 1,970,230 | 63,776 | ||||
Clearway Energy Inc. Class C | 2,113,550 | 44,723 | ||||
1 | Hawaiian Electric Industries Inc. | 2,827,314 | 34,804 | |||
Northwest Natural Holding Co. | 901,603 | 34,405 | ||||
*,1 | Sunnova Energy International Inc. | 2,669,226 | 27,947 | |||
Clearway Energy Inc. Class A | 901,343 | 17,955 | ||||
* | Enviri Corp. | 2,048,621 | 14,791 | |||
Excelerate Energy Inc. Class A | 472,155 | 8,045 | ||||
*,1 | NuScale Power Corp. Class A | 1,434,862 | 7,031 | |||
3,625,093 | ||||||
Total Common Stocks (Cost $98,992,630) | 116,931,320 | |||||
Coupon | ||||||
Temporary Cash Investments (1.8%) | ||||||
Money Market Fund (1.8%) | ||||||
3,4 | Vanguard Market Liquidity Fund (Cost $2,114,510) | 5.391% | 21,161,629 | 2,115,951 | ||
Total Investments (101.3%) (Cost $101,107,140) | 119,047,271 | |||||
Other Assets and Liabilities—Net (-1.3%) | (1,479,731) | |||||
Net Assets (100%) | 117,567,540 |
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 $1,459,204,000. |
2 | Security value determined using significant unobservable inputs. |
3 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
4 | Collateral of $1,571,287,000 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 2023 | 2,616 | 235,257 | (6,455) |
E-mini S&P 500 Index | December 2023 | 49 | 10,597 | (455) |
E-mini S&P Mid-Cap 400 Index | December 2023 | 1,416 | 356,889 | (8,888) |
(15,798) |
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) |
Arbor Realty Trust Inc. | 1/31/24 | GSI | 8,015 | (5.331) | — | (438) |
Invesco Ltd. | 8/30/24 | BANA | 4,458 | (5.881) | — | (356) |
Ollie's Bargain Outlet Holdings Inc. | 1/31/24 | GSI | 23,391 | (5.331) | — | (275) |
OneMain Holdings Inc. | 1/31/24 | GSI | 2,175 | (5.831) | — | (54) |
OneMain Holdings Inc. | 1/31/24 | GSI | 1,436 | (5.831) | — | (36) |
— | (1,159) |
1 | Based on USD Overnight Bank Funding Rate as of the most recent reset 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 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 or indexes 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, 2023, based on the inputs used to value them:
Level 1 ($000) | Level 2 ($000) | Level 3 ($000) | Total ($000) | |
Investments | ||||
Assets | ||||
Common Stocks | 116,931,320 | — | — | 116,931,320 |
Temporary Cash Investments | 2,115,951 | — | — | 2,115,951 |
Total | 119,047,271 | — | — | 119,047,271 |
Derivative Financial Instruments | ||||
Liabilities | ||||
Futures Contracts1 | 15,798 | — | — | 15,798 |
Swap Contracts | — | 1,159 | — | 1,159 |
Total | 15,798 | 1,159 | — | 16,957 |
1 | Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments. |