Common Stocks - 99.8% |
| | Shares | Value ($) |
BERMUDA - 0.3% | | | |
Energy - 0.2% | | | |
Oil, Gas & Consumable Fuels - 0.2% | | | |
Cool Company Ltd (a) | | 1,348,639 | 13,437,104 |
Industrials - 0.1% | | | |
Marine Transportation - 0.1% | | | |
Himalaya Shipping Ltd | | 411,353 | 2,711,141 |
Himalaya Shipping Ltd (United States) (a) | | 1,333,100 | 8,745,136 |
| | | 11,456,277 |
TOTAL BERMUDA | | | 24,893,381 |
BRAZIL - 0.7% | | | |
Materials - 0.7% | | | |
Metals & Mining - 0.7% | | | |
Wheaton Precious Metals Corp | | 847,300 | 55,955,209 |
CANADA - 3.7% | | | |
Consumer Staples - 0.1% | | | |
Consumer Staples Distribution & Retail - 0.1% | | | |
Alimentation Couche-Tard Inc | | 185,600 | 9,678,900 |
Energy - 1.1% | | | |
Oil, Gas & Consumable Fuels - 1.1% | | | |
Parkland Corp | | 1,567,277 | 36,470,553 |
Teekay Tankers Ltd Class A | | 1,012,623 | 48,281,865 |
| | | 84,752,418 |
Financials - 1.8% | | | |
Capital Markets - 1.8% | | | |
Brookfield Corp Class A (United States) (a) | | 2,477,200 | 131,291,600 |
Materials - 0.7% | | | |
Metals & Mining - 0.7% | | | |
Franco-Nevada Corp (United States) | | 402,500 | 53,395,650 |
TOTAL CANADA | | | 279,118,568 |
FRANCE - 0.3% | | | |
Industrials - 0.3% | | | |
Aerospace & Defense - 0.3% | | | |
Thales SA | | 134,600 | 21,690,812 |
INDIA - 0.8% | | | |
Energy - 0.4% | | | |
Oil, Gas & Consumable Fuels - 0.4% | | | |
Reliance Industries Ltd GDR (b) | | 472,500 | 29,578,500 |
Financials - 0.4% | | | |
Capital Markets - 0.4% | | | |
BSE Ltd | | 506,400 | 26,745,203 |
TOTAL INDIA | | | 56,323,703 |
JAPAN - 0.1% | | | |
Information Technology - 0.1% | | | |
Semiconductors & Semiconductor Equipment - 0.1% | | | |
Renesas Electronics Corp | | 452,000 | 6,056,041 |
KOREA (SOUTH) - 0.3% | | | |
Information Technology - 0.3% | | | |
Technology Hardware, Storage & Peripherals - 0.3% | | | |
Samsung Electronics Co Ltd | | 468,030 | 19,938,105 |
MEXICO - 0.4% | | | |
Energy - 0.4% | | | |
Energy Equipment & Services - 0.4% | | | |
Borr Drilling Ltd (a) | | 1,111,400 | 4,635,464 |
Borr Drilling Ltd (United States) (a) | | 5,297,349 | 22,195,892 |
| | | |
TOTAL MEXICO | | | 26,831,356 |
NETHERLANDS - 0.7% | | | |
Information Technology - 0.7% | | | |
Semiconductors & Semiconductor Equipment - 0.7% | | | |
ASML Holding NV | | 21,700 | 14,662,914 |
ASML Holding NV depository receipt | | 19,300 | 12,980,215 |
BE Semiconductor Industries NV | | 236,300 | 25,174,039 |
| | | |
TOTAL NETHERLANDS | | | 52,817,168 |
NORWAY - 0.6% | | | |
Industrials - 0.6% | | | |
Marine Transportation - 0.6% | | | |
2020 Bulkers Ltd | | 1,271,181 | 15,196,115 |
Stolt-Nielsen Ltd | | 951,600 | 27,076,853 |
| | | |
TOTAL NORWAY | | | 42,272,968 |
SWEDEN - 0.2% | | | |
Consumer Discretionary - 0.2% | | | |
Household Durables - 0.2% | | | |
JM AB (a) | | 1,073,249 | 18,061,161 |
TAIWAN - 1.4% | | | |
Information Technology - 1.4% | | | |
Semiconductors & Semiconductor Equipment - 1.4% | | | |
Taiwan Semiconductor Manufacturing Co Ltd ADR | | 539,800 | 102,853,492 |
UNITED KINGDOM - 1.7% | | | |
Consumer Discretionary - 0.5% | | | |
Household Durables - 0.5% | | | |
Vistry Group PLC (c) | | 3,420,200 | 40,110,559 |
Consumer Staples - 0.9% | | | |
Tobacco - 0.9% | | | |
British American Tobacco PLC | | 1,945,368 | 68,027,787 |
Industrials - 0.3% | | | |
Aerospace & Defense - 0.3% | | | |
BAE Systems PLC | | 1,184,600 | 19,092,565 |
TOTAL UNITED KINGDOM | | | 127,230,911 |
UNITED STATES - 88.3% | | | |
Communication Services - 10.9% | | | |
Diversified Telecommunication Services - 0.0% | | | |
Verizon Communications Inc | | 183,300 | 7,722,429 |
Interactive Media & Services - 8.2% | | | |
Alphabet Inc Class A | | 1,568,300 | 268,351,813 |
Meta Platforms Inc Class A | | 598,900 | 339,923,662 |
| | | 608,275,475 |
Media - 1.8% | | | |
Comcast Corp Class A | | 3,004,692 | 131,214,900 |
Wireless Telecommunication Services - 0.9% | | | |
T-Mobile US Inc | | 294,300 | 65,675,988 |
Consumer Discretionary - 2.4% | | | |
Distributors - 0.6% | | | |
A-Mark Precious Metals Inc (a) | | 1,061,800 | 41,250,930 |
Diversified Consumer Services - 0.4% | | | |
Service Corp International/US | | 339,200 | 27,695,680 |
Hotels, Restaurants & Leisure - 0.7% | | | |
Hilton Worldwide Holdings Inc | | 70,700 | 16,603,895 |
Starbucks Corp | | 800 | 78,160 |
Vail Resorts Inc (a) | | 225,100 | 37,296,819 |
| | | 53,978,874 |
Household Durables - 0.7% | | | |
DR Horton Inc | | 97,700 | 16,511,300 |
Lennar Corp Class A | | 119,000 | 20,265,700 |
PulteGroup Inc | | 133,300 | 17,266,349 |
| | | 54,043,349 |
TOTAL CONSUMER DISCRETIONARY | | | 176,968,833 |
| | | |
Consumer Staples - 2.5% | | | |
Consumer Staples Distribution & Retail - 0.5% | | | |
Albertsons Cos Inc | | 1,383,100 | 25,034,110 |
Dollar General Corp | | 119,800 | 9,588,792 |
| | | 34,622,902 |
Food Products - 0.1% | | | |
JM Smucker Co | | 81,500 | 9,251,065 |
Tobacco - 1.9% | | | |
Altria Group Inc | | 379,014 | 20,641,102 |
Philip Morris International Inc | | 903,500 | 119,894,450 |
| | | 140,535,552 |
TOTAL CONSUMER STAPLES | | | 184,409,519 |
| | | |
Energy - 7.4% | | | |
Energy Equipment & Services - 0.7% | | | |
Noble Corp PLC | | 586,326 | 18,750,705 |
Tidewater Inc (a)(c) | | 601,000 | 36,102,070 |
| | | 54,852,775 |
Oil, Gas & Consumable Fuels - 6.7% | | | |
CONSOL Energy Inc (a) | | 92,810 | 10,294,485 |
DHT Holdings Inc | | 2,240,100 | 23,117,832 |
Energy Transfer LP | | 7,869,300 | 129,686,064 |
Enterprise Products Partners LP | | 3,091,500 | 88,602,390 |
Exxon Mobil Corp | | 1,452,697 | 169,645,956 |
Marathon Petroleum Corp | | 119,300 | 17,354,571 |
MPLX LP | | 806,100 | 35,806,962 |
Sitio Royalties Corp Class A | | 1,117,700 | 24,913,533 |
| | | 499,421,793 |
TOTAL ENERGY | | | 554,274,568 |
| | | |
Financials - 10.5% | | | |
Banks - 1.0% | | | |
Wells Fargo & Co | | 1,211,993 | 78,682,585 |
Capital Markets - 2.2% | | | |
Ares Capital Corp (a) | | 2,371,427 | 50,131,967 |
Blue Owl Capital Inc Class A (a) | | 3,142,300 | 70,261,828 |
KKR & Co Inc Class A | | 292,000 | 40,366,080 |
| | | 160,759,875 |
Financial Services - 5.3% | | | |
Apollo Global Management Inc | | 1,059,300 | 151,755,318 |
Global Payments Inc | | 393,600 | 40,820,256 |
Mastercard Inc Class A | | 145,900 | 72,890,181 |
Visa Inc Class A | | 450,693 | 130,633,366 |
| | | 396,099,121 |
Insurance - 2.0% | | | |
Arthur J Gallagher & Co | | 125,400 | 35,262,480 |
Chubb Ltd | | 179,800 | 50,782,712 |
Fidelity National Financial Inc | | 294,900 | 17,744,133 |
Marsh & McLennan Cos Inc | | 92,100 | 20,099,904 |
The Travelers Companies, Inc. | | 94,600 | 23,265,924 |
| | | 147,155,153 |
TOTAL FINANCIALS | | | 782,696,734 |
| | | |
Health Care - 7.3% | | | |
Biotechnology - 0.4% | | | |
Gilead Sciences Inc | | 338,200 | 30,038,924 |
Health Care Providers & Services - 3.5% | | | |
Cigna Group/The | | 337,800 | 106,342,818 |
Elevance Health Inc | | 108,500 | 44,024,960 |
Humana Inc | | 94,099 | 24,261,545 |
UnitedHealth Group Inc | | 153,506 | 86,654,137 |
| | | 261,283,460 |
Life Sciences Tools & Services - 0.2% | | | |
Bruker Corp | | 323,500 | 18,313,335 |
Pharmaceuticals - 3.2% | | | |
Eli Lilly & Co | | 98,800 | 81,978,312 |
Merck & Co Inc | | 556,500 | 56,941,080 |
Royalty Pharma PLC Class A | | 3,603,400 | 97,291,800 |
| | | 236,211,192 |
TOTAL HEALTH CARE | | | 545,846,911 |
| | | |
Industrials - 14.0% | | | |
Aerospace & Defense - 3.0% | | | |
Boeing Co (c) | | 817,300 | 122,031,063 |
GE Aerospace | | 257,950 | 44,310,651 |
General Dynamics Corp | | 132,600 | 38,667,486 |
Howmet Aerospace Inc | | 164,500 | 16,403,940 |
| | | 221,413,140 |
Commercial Services & Supplies - 0.6% | | | |
Brink's Co/The | | 450,500 | 46,306,895 |
Construction & Engineering - 2.5% | | | |
Comfort Systems USA Inc | | 110,300 | 43,131,712 |
EMCOR Group Inc | | 295,800 | 131,947,506 |
Quanta Services Inc | | 32,400 | 9,772,812 |
| | | 184,852,030 |
Electrical Equipment - 2.7% | | | |
GE Vernova Inc | | 407,187 | 122,832,030 |
Vertiv Holdings Co Class A | | 689,600 | 75,366,384 |
| | | 198,198,414 |
Machinery - 3.5% | | | |
Allison Transmission Holdings Inc | | 1,894,602 | 202,457,170 |
Westinghouse Air Brake Technologies Corp | | 297,700 | 55,961,646 |
| | | 258,418,816 |
Professional Services - 1.6% | | | |
Genpact Ltd | | 520,800 | 19,878,936 |
Paycom Software Inc | | 229,800 | 48,035,094 |
SS&C Technologies Holdings Inc | | 742,900 | 51,950,997 |
| | | 119,865,027 |
Trading Companies & Distributors - 0.1% | | | |
Watsco Inc | | 31,000 | 14,663,310 |
TOTAL INDUSTRIALS | | | 1,043,717,632 |
| | | |
Information Technology - 23.8% | | | |
Electronic Equipment, Instruments & Components - 0.0% | | | |
Vontier Corp | | 6,702 | 248,510 |
Semiconductors & Semiconductor Equipment - 15.3% | | | |
Amkor Technology Inc | | 964,400 | 24,543,980 |
Broadcom Inc | | 1,157,700 | 196,542,729 |
Entegris Inc | | 75,800 | 7,937,018 |
Marvell Technology Inc | | 1,702,705 | 136,403,698 |
Micron Technology Inc | | 1,034,600 | 103,097,890 |
NVIDIA Corp | | 3,941,300 | 523,246,988 |
QUALCOMM Inc | | 650,000 | 105,800,500 |
Teradyne Inc | | 376,300 | 39,966,823 |
| | | 1,137,539,626 |
Software - 7.7% | | | |
Intuit Inc | | 40,500 | 24,717,150 |
Microsoft Corp | | 1,139,200 | 462,913,920 |
Oracle Corp | | 438,700 | 73,631,408 |
Salesforce Inc | | 54,700 | 15,937,939 |
| | | 577,200,417 |
Technology Hardware, Storage & Peripherals - 0.8% | | | |
Apple Inc | | 103,672 | 23,420,542 |
Dell Technologies Inc Class C | | 277,300 | 34,282,599 |
| | | 57,703,141 |
TOTAL INFORMATION TECHNOLOGY | | | 1,772,691,694 |
| | | |
Materials - 0.9% | | | |
Metals & Mining - 0.9% | | | |
Arch Resources Inc Class A | | 249,209 | 36,573,913 |
Freeport-McMoRan Inc | | 157,900 | 7,108,658 |
Newmont Corp | | 326,900 | 14,854,336 |
Royal Gold Inc | | 92,400 | 13,495,944 |
| | | 72,032,851 |
Real Estate - 1.8% | | | |
Diversified REITs - 0.2% | | | |
WP Carey Inc | | 317,600 | 17,696,672 |
Health Care REITs - 0.3% | | | |
Ventas Inc | | 384,300 | 25,167,807 |
Industrial REITs - 0.1% | | | |
Rexford Industrial Realty Inc | | 140,700 | 6,034,623 |
Real Estate Management & Development - 0.6% | | | |
St Joe Co/The | | 851,800 | 44,038,060 |
Retail REITs - 0.3% | | | |
NNN REIT Inc | | 395,600 | 17,184,864 |
Realty Income Corp | | 110,300 | 6,548,511 |
| | | 23,733,375 |
Specialized REITs - 0.3% | | | |
Four Corners Property Trust Inc | | 682,300 | 18,804,188 |
TOTAL REAL ESTATE | | | 135,474,725 |
| | | |
Utilities - 6.8% | | | |
Electric Utilities - 4.9% | | | |
Constellation Energy Corp | | 109,576 | 28,814,105 |
Edison International | | 920,200 | 75,824,480 |
Exelon Corp | | 2,500,030 | 98,251,179 |
FirstEnergy Corp | | 1,782,600 | 74,566,158 |
NextEra Energy Inc | | 803,000 | 63,637,750 |
PG&E Corp | | 364,300 | 7,366,146 |
Southern Co/The | | 168,100 | 15,302,143 |
| | | 363,761,961 |
Independent Power and Renewable Electricity Producers - 1.8% | | | |
AES Corp/The | | 1,043,700 | 17,210,613 |
Vistra Corp | | 943,450 | 117,893,512 |
| | | 135,104,125 |
Multi-Utilities - 0.1% | | | |
CenterPoint Energy Inc | | 407,300 | 12,027,569 |
TOTAL UTILITIES | | | 510,893,655 |
| | | |
TOTAL UNITED STATES | | | 6,591,895,914 |
ZAMBIA - 0.3% | | | |
Materials - 0.3% | | | |
Metals & Mining - 0.3% | | | |
First Quantum Minerals Ltd (c) | | 1,939,200 | 25,055,631 |
TOTAL COMMON STOCKS (Cost $5,478,228,172) | | | 7,450,994,420 |
| | | |