UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-5251
Fidelity Concord Street Trust
(Exact name of registrant as specified in charter)
245 Summer St., Boston, MA 02210
(Address of principal executive offices) (Zip code)
William C. Coffey, Secretary
245 Summer St.
Boston, Massachusetts 02210
(Name and address of agent for service)
Registrant's telephone number, including area code:
617-563-7000
Date of fiscal year end: | February 28 |
Date of reporting period: | August 31, 2018 |
Item 1.
Reports to Stockholders
Fidelity® 500 Index Fund Semi-Annual Report August 31, 2018 |
Contents
To view a fund's proxy voting guidelines and proxy voting record for the 12-month period ended June 30, visit http://www.fidelity.com/proxyvotingresults or visit the Securities and Exchange Commission's (SEC) web site at http://www.sec.gov.
You may also call 1-800-544-8544 to request a free copy of the proxy voting guidelines.
Standard & Poor's, S&P and S&P 500 are registered service marks of The McGraw-Hill Companies, Inc. and have been licensed for use by Fidelity Distributors Corporation.
Other third-party marks appearing herein are the property of their respective owners.
All other marks appearing herein are registered or unregistered trademarks or service marks of FMR LLC or an affiliated company. © 2018 FMR LLC. All rights reserved.
This report and the financial statements contained herein are submitted for the general information of the shareholders of the Fund. This report is not authorized for distribution to prospective investors in the Fund unless preceded or accompanied by an effective prospectus.
A fund files its complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. Forms N-Q are available on the SEC’s web site at http://www.sec.gov. A fund's Forms N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information regarding the operation of the SEC's Public Reference Room may be obtained by calling 1-800-SEC-0330.
For a complete list of a fund's portfolio holdings, view the most recent holdings listing, semiannual report, or annual report on Fidelity's web site at http://www.fidelity.com, http://www.institutional.fidelity.com, or http://www.401k.com, as applicable.
NOT FDIC INSURED •MAY LOSE VALUE •NO BANK GUARANTEE
Neither the Fund nor Fidelity Distributors Corporation is a bank.
Note to shareholders:
In July, the Board of Trustees approved a proposal to consolidate the Fund’s share classes into a single share class. The consolidation will take place in November, and the surviving class name will be Fidelity 500 Index. The changes will not impact how the Fund is managed. As part of this initiative, effective August 1, 2018, the Board of Trustees approved a change in the expense contract limiting the total expenses paid by each class, with certain exceptions, to .015% of each class’ average net assets on an annual basis. Also, purchase minimums and eligibility requirements were removed.
Investment Summary (Unaudited)
Top Ten Stocks as of August 31, 2018
% of fund's net assets | |
Apple, Inc. | 4.5 |
Microsoft Corp. | 3.5 |
Amazon.com, Inc. | 3.3 |
Facebook, Inc. Class A | 1.7 |
Berkshire Hathaway, Inc. Class B | 1.6 |
JPMorgan Chase & Co. | 1.6 |
Alphabet, Inc. Class C | 1.5 |
Alphabet, Inc. Class A | 1.5 |
Johnson & Johnson | 1.5 |
Exxon Mobil Corp. | 1.4 |
22.1 |
Top Market Sectors as of August 31, 2018
% of fund's net assets | |
Information Technology | 26.4 |
Health Care | 14.6 |
Financials | 13.8 |
Consumer Discretionary | 12.9 |
Industrials | 9.6 |
Consumer Staples | 6.7 |
Energy | 5.8 |
Utilities | 2.8 |
Real Estate | 2.7 |
Materials | 2.5 |
Schedule of Investments August 31, 2018 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 99.7% | |||
Shares | Value (000s) | ||
CONSUMER DISCRETIONARY - 12.9% | |||
Auto Components - 0.2% | |||
Aptiv PLC | 1,767,316 | $155,541 | |
BorgWarner, Inc. | 1,318,271 | 57,701 | |
The Goodyear Tire & Rubber Co. | 1,600,841 | 36,323 | |
249,565 | |||
Automobiles - 0.4% | |||
Ford Motor Co. | 26,126,356 | 247,678 | |
General Motors Co. | 8,467,132 | 305,240 | |
Harley-Davidson, Inc. | 1,110,956 | 47,349 | |
600,267 | |||
Distributors - 0.1% | |||
Genuine Parts Co. | 979,466 | 97,800 | |
LKQ Corp. (a) | 2,067,299 | 71,363 | |
169,163 | |||
Diversified Consumer Services - 0.0% | |||
H&R Block, Inc. | 1,396,409 | 37,787 | |
Hotels, Restaurants & Leisure - 1.6% | |||
Carnival Corp. | 2,709,827 | 166,627 | |
Chipotle Mexican Grill, Inc. (a) | 163,255 | 77,576 | |
Darden Restaurants, Inc. | 826,291 | 95,883 | |
Hilton Worldwide Holdings, Inc. | 1,864,895 | 144,753 | |
Marriott International, Inc. Class A | 1,981,241 | 250,568 | |
McDonald's Corp. | 5,241,001 | 850,248 | |
MGM Mirage, Inc. | 3,344,857 | 96,967 | |
Norwegian Cruise Line Holdings Ltd. (a) | 1,379,801 | 73,971 | |
Royal Caribbean Cruises Ltd. | 1,130,717 | 138,603 | |
Starbucks Corp. | 9,211,404 | 492,350 | |
Wynn Resorts Ltd. | 565,351 | 83,864 | |
Yum! Brands, Inc. | 2,157,449 | 187,461 | |
2,658,871 | |||
Household Durables - 0.3% | |||
D.R. Horton, Inc. | 2,292,488 | 102,039 | |
Garmin Ltd. | 742,440 | 50,590 | |
Leggett & Platt, Inc. | 876,219 | 39,815 | |
Lennar Corp. Class A | 1,826,292 | 94,365 | |
Mohawk Industries, Inc. (a) | 423,250 | 81,090 | |
Newell Brands, Inc. | 3,242,013 | 70,417 | |
PulteGroup, Inc. | 1,753,392 | 49,007 | |
Whirlpool Corp. | 430,701 | 53,829 | |
541,152 | |||
Internet & Direct Marketing Retail - 4.4% | |||
Amazon.com, Inc. (a) | 2,688,253 | 5,410,674 | |
Expedia, Inc. | 806,776 | 105,284 | |
Netflix, Inc. (a) | 2,901,546 | 1,066,840 | |
The Booking Holdings, Inc. (a) | 321,563 | 627,546 | |
TripAdvisor, Inc. (a)(b) | 715,281 | 38,847 | |
7,249,191 | |||
Leisure Products - 0.1% | |||
Hasbro, Inc. | 758,897 | 75,366 | |
Mattel, Inc. (b) | 2,296,288 | 35,432 | |
110,798 | |||
Media - 2.2% | |||
CBS Corp. Class B | 2,279,361 | 120,852 | |
Charter Communications, Inc. Class A (a)(b) | 1,236,339 | 383,760 | |
Comcast Corp. Class A | 30,652,585 | 1,133,839 | |
Discovery Communications, Inc.: | |||
Class A (a)(b) | 1,041,656 | 28,989 | |
Class C (non-vtg.) (a) | 2,280,130 | 58,463 | |
DISH Network Corp. Class A (a) | 1,528,191 | 54,022 | |
Interpublic Group of Companies, Inc. | 2,573,319 | 60,087 | |
News Corp.: | |||
Class A | 2,558,289 | 33,437 | |
Class B | 812,833 | 11,055 | |
Omnicom Group, Inc. (b) | 1,517,144 | 105,168 | |
The Walt Disney Co. | 9,923,959 | 1,111,682 | |
Twenty-First Century Fox, Inc.: | |||
Class A | 7,035,599 | 319,416 | |
Class B | 2,931,535 | 131,626 | |
Viacom, Inc. Class B (non-vtg.) | 2,356,076 | 68,986 | |
3,621,382 | |||
Multiline Retail - 0.5% | |||
Dollar General Corp. | 1,696,633 | 182,778 | |
Dollar Tree, Inc. (a) | 1,587,137 | 127,780 | |
Kohl's Corp. | 1,122,969 | 88,838 | |
Macy's, Inc. | 2,045,004 | 74,745 | |
Nordstrom, Inc. | 784,038 | 49,277 | |
Target Corp. | 3,558,639 | 311,381 | |
834,799 | |||
Specialty Retail - 2.3% | |||
Advance Auto Parts, Inc. | 494,153 | 81,056 | |
AutoZone, Inc. (a) | 177,967 | 136,479 | |
Best Buy Co., Inc. | 1,637,069 | 130,245 | |
CarMax, Inc. (a)(b) | 1,188,604 | 92,771 | |
Foot Locker, Inc. | 788,417 | 38,869 | |
Gap, Inc. | 1,448,348 | 43,957 | |
Home Depot, Inc. | 7,699,824 | 1,545,894 | |
L Brands, Inc. | 1,619,063 | 42,792 | |
Lowe's Companies, Inc. | 5,486,792 | 596,689 | |
O'Reilly Automotive, Inc. (a) | 546,756 | 183,393 | |
Ross Stores, Inc. | 2,527,349 | 242,069 | |
Tiffany & Co., Inc. | 680,025 | 83,405 | |
TJX Companies, Inc. | 4,185,661 | 460,297 | |
Tractor Supply Co. | 814,676 | 71,920 | |
Ulta Beauty, Inc. (a) | 381,613 | 99,219 | |
3,849,055 | |||
Textiles, Apparel & Luxury Goods - 0.8% | |||
Hanesbrands, Inc. (b) | 2,405,444 | 42,191 | |
Michael Kors Holdings Ltd. (a) | 1,000,518 | 72,658 | |
NIKE, Inc. Class B | 8,561,893 | 703,788 | |
PVH Corp. | 514,356 | 73,635 | |
Ralph Lauren Corp. | 371,614 | 49,354 | |
Tapestry, Inc. | 1,921,165 | 97,384 | |
Under Armour, Inc.: | |||
Class A (sub. vtg.) (a)(b) | 1,241,384 | 25,386 | |
Class C (non-vtg.) (a)(b) | 1,257,215 | 23,849 | |
VF Corp. | 2,185,373 | 201,338 | |
1,289,583 | |||
TOTAL CONSUMER DISCRETIONARY | 21,211,613 | ||
CONSUMER STAPLES - 6.7% | |||
Beverages - 1.7% | |||
Brown-Forman Corp. Class B (non-vtg.) | 1,748,395 | 91,301 | |
Constellation Brands, Inc. Class A (sub. vtg.) | 1,121,469 | 233,490 | |
Molson Coors Brewing Co. Class B | 1,235,153 | 82,434 | |
Monster Beverage Corp. (a) | 2,741,781 | 166,947 | |
PepsiCo, Inc. | 9,464,042 | 1,060,067 | |
The Coca-Cola Co. | 25,563,223 | 1,139,353 | |
2,773,592 | |||
Food & Staples Retailing - 1.5% | |||
Costco Wholesale Corp. | 2,927,638 | 682,520 | |
Kroger Co. | 5,425,664 | 170,908 | |
Sysco Corp. | 3,199,352 | 239,376 | |
Walgreens Boots Alliance, Inc. | 5,692,599 | 390,285 | |
Walmart, Inc. | 9,656,720 | 925,693 | |
2,408,782 | |||
Food Products - 1.1% | |||
Archer Daniels Midland Co. | 3,732,516 | 188,119 | |
Campbell Soup Co. (b) | 1,284,294 | 50,665 | |
ConAgra Foods, Inc. | 2,626,719 | 96,532 | |
General Mills, Inc. | 3,957,499 | 182,085 | |
Hormel Foods Corp. (b) | 1,802,646 | 70,574 | |
Kellogg Co. | 1,666,935 | 119,669 | |
McCormick & Co., Inc. (non-vtg.) | 809,567 | 101,099 | |
Mondelez International, Inc. | 9,845,973 | 420,620 | |
The Hershey Co. | 932,676 | 93,753 | |
The J.M. Smucker Co. | 758,265 | 78,389 | |
The Kraft Heinz Co. | 3,987,566 | 232,355 | |
Tyson Foods, Inc. Class A | 1,986,461 | 124,770 | |
1,758,630 | |||
Household Products - 1.4% | |||
Church & Dwight Co., Inc. | 1,633,367 | 92,416 | |
Clorox Co. | 864,456 | 125,329 | |
Colgate-Palmolive Co. | 5,822,680 | 386,684 | |
Kimberly-Clark Corp. | 2,331,746 | 269,410 | |
Procter & Gamble Co. | 16,784,771 | 1,392,297 | |
2,266,136 | |||
Personal Products - 0.1% | |||
Coty, Inc. Class A | 3,156,164 | 39,010 | |
Estee Lauder Companies, Inc. Class A | 1,495,098 | 209,493 | |
248,503 | |||
Tobacco - 0.9% | |||
Altria Group, Inc. | 12,633,291 | 739,300 | |
Philip Morris International, Inc. | 10,376,004 | 808,187 | |
1,547,487 | |||
TOTAL CONSUMER STAPLES | 11,003,130 | ||
ENERGY - 5.8% | |||
Energy Equipment & Services - 0.7% | |||
Baker Hughes, a GE Co. Class A | 2,779,522 | 91,641 | |
Halliburton Co. | 5,847,078 | 233,240 | |
Helmerich & Payne, Inc. | 726,779 | 47,655 | |
National Oilwell Varco, Inc. | 2,549,976 | 120,027 | |
Schlumberger Ltd. | 9,245,665 | 583,956 | |
TechnipFMC PLC | 2,897,044 | 88,736 | |
1,165,255 | |||
Oil, Gas & Consumable Fuels - 5.1% | |||
Anadarko Petroleum Corp. | 3,438,176 | 221,419 | |
Andeavor | 928,030 | 141,794 | |
Apache Corp. | 2,550,850 | 111,804 | |
Cabot Oil & Gas Corp. | 3,013,651 | 71,815 | |
Chevron Corp. | 12,755,504 | 1,511,017 | |
Cimarex Energy Co. | 636,988 | 53,813 | |
Concho Resources, Inc. (a) | 1,268,795 | 174,015 | |
ConocoPhillips Co. | 7,810,109 | 573,496 | |
Devon Energy Corp. | 3,493,658 | 149,983 | |
EOG Resources, Inc. | 3,863,858 | 456,824 | |
EQT Corp. | 1,683,534 | 85,894 | |
Exxon Mobil Corp. | 28,260,544 | 2,265,648 | |
Hess Corp. | 1,747,809 | 117,697 | |
HollyFrontier Corp. | 1,178,404 | 87,815 | |
Kinder Morgan, Inc. | 12,663,817 | 224,150 | |
Marathon Oil Corp. | 5,695,009 | 122,500 | |
Marathon Petroleum Corp. | 3,083,011 | 253,701 | |
Newfield Exploration Co. (a) | 1,333,157 | 36,369 | |
Noble Energy, Inc. | 3,233,610 | 96,103 | |
Occidental Petroleum Corp. | 5,111,463 | 408,253 | |
ONEOK, Inc. | 2,743,904 | 180,851 | |
Phillips 66 Co. | 2,801,418 | 331,996 | |
Pioneer Natural Resources Co. | 1,137,589 | 198,737 | |
The Williams Companies, Inc. | 7,913,563 | 234,162 | |
Valero Energy Corp. | 2,876,375 | 339,067 | |
8,448,923 | |||
TOTAL ENERGY | 9,614,178 | ||
FINANCIALS - 13.8% | |||
Banks - 6.2% | |||
Bank of America Corp. | 62,941,887 | 1,946,793 | |
BB&T Corp. | 5,204,789 | 268,879 | |
Citigroup, Inc. | 17,020,623 | 1,212,549 | |
Citizens Financial Group, Inc. | 3,235,517 | 133,174 | |
Comerica, Inc. | 1,147,641 | 111,872 | |
Fifth Third Bancorp | 4,575,637 | 134,661 | |
Huntington Bancshares, Inc. | 7,375,724 | 119,560 | |
JPMorgan Chase & Co. | 22,726,647 | 2,604,019 | |
KeyCorp | 7,086,527 | 149,313 | |
M&T Bank Corp. | 969,438 | 171,736 | |
Peoples United Financial, Inc. | 2,322,058 | 42,981 | |
PNC Financial Services Group, Inc. | 3,133,873 | 449,836 | |
Regions Financial Corp. | 7,496,941 | 145,890 | |
SunTrust Banks, Inc. | 3,102,688 | 228,234 | |
SVB Financial Group (a) | 353,597 | 114,123 | |
U.S. Bancorp | 10,415,142 | 563,563 | |
Wells Fargo & Co. | 29,273,482 | 1,711,913 | |
Zions Bancorporation | 1,315,728 | 70,115 | |
10,179,211 | |||
Capital Markets - 2.9% | |||
Affiliated Managers Group, Inc. | 362,549 | 52,965 | |
Ameriprise Financial, Inc. | 965,282 | 137,031 | |
Bank of New York Mellon Corp. | 6,746,191 | 351,814 | |
BlackRock, Inc. Class A | 823,225 | 394,374 | |
Brighthouse Financial, Inc. (a) | 799,476 | 33,186 | |
Cboe Global Markets, Inc. | 750,863 | 75,687 | |
Charles Schwab Corp. | 8,015,084 | 407,086 | |
CME Group, Inc. | 2,272,881 | 397,140 | |
E*TRADE Financial Corp. (a) | 1,761,582 | 103,687 | |
Franklin Resources, Inc. | 2,127,452 | 67,525 | |
Goldman Sachs Group, Inc. | 2,344,754 | 557,606 | |
IntercontinentalExchange, Inc. | 3,866,306 | 294,729 | |
Invesco Ltd. | 2,741,815 | 66,078 | |
Moody's Corp. | 1,114,399 | 198,385 | |
Morgan Stanley | 9,098,599 | 444,285 | |
MSCI, Inc. | 594,229 | 107,116 | |
Northern Trust Corp. | 1,411,690 | 151,700 | |
Raymond James Financial, Inc. | 866,520 | 80,621 | |
S&P Global, Inc. | 1,677,411 | 347,308 | |
State Street Corp. | 2,439,074 | 211,980 | |
T. Rowe Price Group, Inc. | 1,616,246 | 187,307 | |
The NASDAQ OMX Group, Inc. | 780,141 | 74,457 | |
4,742,067 | |||
Consumer Finance - 0.7% | |||
American Express Co. | 4,766,571 | 505,161 | |
Capital One Financial Corp. | 3,246,911 | 321,736 | |
Discover Financial Services | 2,329,397 | 181,972 | |
Synchrony Financial | 4,735,673 | 149,979 | |
1,158,848 | |||
Diversified Financial Services - 1.7% | |||
Berkshire Hathaway, Inc. Class B (a) | 12,847,382 | 2,681,506 | |
Jefferies Financial Group, Inc. | 2,023,813 | 46,993 | |
2,728,499 | |||
Insurance - 2.3% | |||
AFLAC, Inc. | 5,167,511 | 238,946 | |
Allstate Corp. | 2,346,164 | 235,954 | |
American International Group, Inc. | 5,991,971 | 318,593 | |
Aon PLC | 1,632,107 | 237,569 | |
Arthur J. Gallagher & Co. | 1,216,660 | 87,770 | |
Assurant, Inc. | 353,741 | 36,372 | |
Chubb Ltd. | 3,109,195 | 420,488 | |
Cincinnati Financial Corp. | 997,053 | 76,444 | |
Everest Re Group Ltd. | 273,539 | 61,005 | |
Hartford Financial Services Group, Inc. | 2,390,553 | 120,412 | |
Lincoln National Corp. | 1,459,853 | 95,737 | |
Loews Corp. | 1,747,791 | 87,931 | |
Marsh & McLennan Companies, Inc. | 3,386,746 | 286,620 | |
MetLife, Inc. | 6,785,272 | 311,376 | |
Principal Financial Group, Inc. | 1,777,795 | 98,117 | |
Progressive Corp. | 3,887,318 | 262,511 | |
Prudential Financial, Inc. | 2,803,471 | 275,441 | |
The Travelers Companies, Inc. | 1,803,973 | 237,403 | |
Torchmark Corp. | 704,926 | 61,977 | |
Unum Group | 1,476,462 | 54,452 | |
Willis Group Holdings PLC | 880,022 | 129,601 | |
XL Group Ltd. | 1,724,049 | 98,943 | |
3,833,662 | |||
TOTAL FINANCIALS | 22,642,287 | ||
HEALTH CARE - 14.6% | |||
Biotechnology - 2.6% | |||
AbbVie, Inc. | 10,115,716 | 970,906 | |
Alexion Pharmaceuticals, Inc. (a) | 1,485,177 | 181,548 | |
Amgen, Inc. | 4,445,502 | 888,256 | |
Biogen, Inc. (a) | 1,408,464 | 497,878 | |
Celgene Corp. (a) | 4,718,100 | 445,625 | |
Gilead Sciences, Inc. | 8,679,150 | 657,272 | |
Incyte Corp. (a) | 1,174,348 | 86,796 | |
Regeneron Pharmaceuticals, Inc. (a) | 516,264 | 209,990 | |
Vertex Pharmaceuticals, Inc. (a) | 1,700,972 | 313,659 | |
4,251,930 | |||
Health Care Equipment & Supplies - 3.1% | |||
Abbott Laboratories | 11,702,406 | 782,189 | |
Abiomed, Inc. (a) | 282,044 | 114,673 | |
Align Technology, Inc. (a) | 481,495 | 186,093 | |
Baxter International, Inc. | 3,288,384 | 244,557 | |
Becton, Dickinson & Co. | 1,783,555 | 467,060 | |
Boston Scientific Corp. (a) | 9,210,141 | 327,513 | |
Danaher Corp. | 4,103,375 | 424,863 | |
Dentsply Sirona, Inc. | 1,518,140 | 60,604 | |
Edwards Lifesciences Corp. (a) | 1,406,936 | 202,936 | |
Hologic, Inc. (a) | 1,822,331 | 72,456 | |
IDEXX Laboratories, Inc. (a) | 579,804 | 147,293 | |
Intuitive Surgical, Inc. (a) | 756,237 | 423,493 | |
Medtronic PLC | 9,039,310 | 871,480 | |
ResMed, Inc. | 952,767 | 106,148 | |
Stryker Corp. | 2,145,264 | 363,472 | |
The Cooper Companies, Inc. | 327,218 | 83,696 | |
Varian Medical Systems, Inc. (a) | 610,789 | 68,421 | |
Zimmer Biomet Holdings, Inc. | 1,356,820 | 167,744 | |
5,114,691 | |||
Health Care Providers & Services - 3.3% | |||
Aetna, Inc. | 2,183,370 | 437,264 | |
AmerisourceBergen Corp. | 1,085,710 | 97,681 | |
Anthem, Inc. | 1,703,436 | 450,951 | |
Cardinal Health, Inc. | 2,073,800 | 108,232 | |
Centene Corp. (a) | 1,369,556 | 200,613 | |
Cigna Corp. | 1,623,797 | 305,826 | |
CVS Health Corp. | 6,786,041 | 510,582 | |
DaVita HealthCare Partners, Inc. (a) | 931,820 | 64,566 | |
Envision Healthcare Corp. (a) | 808,521 | 36,675 | |
Express Scripts Holding Co. (a) | 3,749,449 | 330,027 | |
HCA Holdings, Inc. | 1,865,239 | 250,147 | |
Henry Schein, Inc. (a)(b) | 1,028,107 | 79,863 | |
Humana, Inc. | 919,016 | 306,271 | |
Laboratory Corp. of America Holdings (a) | 682,845 | 118,043 | |
McKesson Corp. | 1,348,677 | 173,642 | |
Quest Diagnostics, Inc. | 906,568 | 99,704 | |
UnitedHealth Group, Inc. | 6,414,481 | 1,722,032 | |
Universal Health Services, Inc. Class B | 581,713 | 75,716 | |
5,367,835 | |||
Health Care Technology - 0.1% | |||
Cerner Corp. (a) | 2,104,093 | 136,997 | |
Life Sciences Tools & Services - 0.9% | |||
Agilent Technologies, Inc. | 2,135,658 | 144,242 | |
Illumina, Inc. (a) | 981,215 | 348,165 | |
Mettler-Toledo International, Inc. (a) | 169,495 | 99,063 | |
PerkinElmer, Inc. | 738,474 | 68,257 | |
Quintiles Transnational Holdings, Inc. (a) | 1,080,347 | 137,301 | |
Thermo Fisher Scientific, Inc. | 2,685,477 | 642,098 | |
Waters Corp. (a) | 522,936 | 99,086 | |
1,538,212 | |||
Pharmaceuticals - 4.6% | |||
Allergan PLC | 2,263,228 | 433,883 | |
Bristol-Myers Squibb Co. | 10,910,426 | 660,626 | |
Eli Lilly & Co. | 6,375,749 | 673,598 | |
Johnson & Johnson | 17,903,161 | 2,411,377 | |
Merck & Co., Inc. | 17,957,592 | 1,231,711 | |
Mylan NV (a) | 3,440,726 | 134,636 | |
Nektar Therapeutics (a)(b) | 1,075,451 | 71,507 | |
Perrigo Co. PLC | 859,528 | 65,762 | |
Pfizer, Inc. | 39,045,475 | 1,621,168 | |
Zoetis, Inc. Class A | 3,229,764 | 292,617 | |
7,596,885 | |||
TOTAL HEALTH CARE | 24,006,550 | ||
INDUSTRIALS - 9.6% | |||
Aerospace & Defense - 2.6% | |||
Arconic, Inc. | 2,836,126 | 63,472 | |
General Dynamics Corp. | 1,843,887 | 356,608 | |
Harris Corp. | 792,508 | 128,790 | |
Huntington Ingalls Industries, Inc. | 297,035 | 72,616 | |
L3 Technologies, Inc. | 523,843 | 111,956 | |
Lockheed Martin Corp. | 1,658,120 | 531,278 | |
Northrop Grumman Corp. | 1,164,001 | 347,443 | |
Raytheon Co. | 1,917,374 | 382,401 | |
Rockwell Collins, Inc. | 1,096,229 | 149,032 | |
Textron, Inc. | 1,709,035 | 117,975 | |
The Boeing Co. | 3,655,366 | 1,253,023 | |
TransDigm Group, Inc. (b) | 325,469 | 113,914 | |
United Technologies Corp. | 4,966,514 | 654,090 | |
4,282,598 | |||
Air Freight & Logistics - 0.7% | |||
C.H. Robinson Worldwide, Inc. | 929,411 | 89,298 | |
Expeditors International of Washington, Inc. | 1,165,977 | 85,443 | |
FedEx Corp. | 1,640,950 | 400,310 | |
United Parcel Service, Inc. Class B | 4,602,766 | 565,588 | |
1,140,639 | |||
Airlines - 0.5% | |||
Alaska Air Group, Inc. | 822,746 | 55,527 | |
American Airlines Group, Inc. | 2,781,150 | 112,581 | |
Delta Air Lines, Inc. | 4,307,726 | 251,916 | |
Southwest Airlines Co. | 3,560,533 | 218,261 | |
United Continental Holdings, Inc. (a) | 1,573,116 | 137,522 | |
775,807 | |||
Building Products - 0.3% | |||
A.O. Smith Corp. | 968,378 | 56,243 | |
Allegion PLC | 633,844 | 55,284 | |
Fortune Brands Home & Security, Inc. | 974,025 | 51,604 | |
Johnson Controls International PLC | 6,182,346 | 233,507 | |
Masco Corp. | 2,072,504 | 78,693 | |
475,331 | |||
Commercial Services & Supplies - 0.3% | |||
Cintas Corp. | 577,008 | 123,116 | |
Copart, Inc. (a) | 1,348,881 | 86,747 | |
Republic Services, Inc. | 1,488,454 | 109,193 | |
Stericycle, Inc. (a) | 571,221 | 35,239 | |
Waste Management, Inc. | 2,655,207 | 241,358 | |
595,653 | |||
Construction & Engineering - 0.1% | |||
Fluor Corp. | 938,408 | 53,874 | |
Jacobs Engineering Group, Inc. | 804,485 | 58,478 | |
Quanta Services, Inc. (a) | 998,632 | 34,543 | |
146,895 | |||
Electrical Equipment - 0.6% | |||
AMETEK, Inc. | 1,545,773 | 118,963 | |
Eaton Corp. PLC | 2,918,946 | 242,681 | |
Emerson Electric Co. | 4,205,805 | 322,711 | |
Fortive Corp. | 2,047,424 | 171,943 | |
Rockwell Automation, Inc. | 838,238 | 151,688 | |
1,007,986 | |||
Industrial Conglomerates - 1.6% | |||
3M Co. | 3,962,854 | 835,845 | |
General Electric Co. | 57,974,020 | 750,184 | |
Honeywell International, Inc. | 4,985,707 | 793,027 | |
Roper Technologies, Inc. | 688,586 | 205,453 | |
2,584,509 | |||
Machinery - 1.4% | |||
Caterpillar, Inc. | 3,990,974 | 554,147 | |
Cummins, Inc. | 1,033,856 | 146,601 | |
Deere & Co. | 2,164,580 | 311,267 | |
Dover Corp. | 1,032,464 | 88,658 | |
Flowserve Corp. | 873,307 | 45,517 | |
Illinois Tool Works, Inc. | 2,035,097 | 282,634 | |
Ingersoll-Rand PLC | 1,655,149 | 167,650 | |
PACCAR, Inc. | 2,348,322 | 160,672 | |
Parker Hannifin Corp. | 887,492 | 155,844 | |
Pentair PLC | 1,083,549 | 47,113 | |
Snap-On, Inc. | 377,769 | 66,782 | |
Stanley Black & Decker, Inc. | 1,030,007 | 144,747 | |
Xylem, Inc. | 1,200,961 | 91,165 | |
2,262,797 | |||
Professional Services - 0.3% | |||
Equifax, Inc. | 802,886 | 107,563 | |
IHS Markit Ltd. (a) | 2,376,981 | 130,734 | |
Nielsen Holdings PLC | 2,235,110 | 58,113 | |
Robert Half International, Inc. | 824,774 | 64,481 | |
Verisk Analytics, Inc. (a) | 1,036,906 | 123,485 | |
484,376 | |||
Road & Rail - 1.0% | |||
CSX Corp. | 5,842,927 | 433,311 | |
J.B. Hunt Transport Services, Inc. | 571,438 | 69,001 | |
Kansas City Southern | 684,854 | 79,416 | |
Norfolk Southern Corp. | 1,885,949 | 327,853 | |
Union Pacific Corp. | 5,176,936 | 779,750 | |
1,689,331 | |||
Trading Companies & Distributors - 0.2% | |||
Fastenal Co. | 1,920,028 | 112,053 | |
United Rentals, Inc. (a) | 558,004 | 86,976 | |
W.W. Grainger, Inc. | 340,256 | 120,474 | |
319,503 | |||
TOTAL INDUSTRIALS | 15,765,425 | ||
INFORMATION TECHNOLOGY - 26.4% | |||
Communications Equipment - 1.1% | |||
Arista Networks, Inc. (a) | 317,793 | 95,014 | |
Cisco Systems, Inc. | 31,391,407 | 1,499,568 | |
F5 Networks, Inc. (a) | 407,940 | 77,150 | |
Juniper Networks, Inc. | 2,330,565 | 66,258 | |
Motorola Solutions, Inc. | 1,082,238 | 138,916 | |
1,876,906 | |||
Electronic Equipment & Components - 0.4% | |||
Amphenol Corp. Class A | 2,012,065 | 190,301 | |
Corning, Inc. | 5,542,521 | 185,730 | |
FLIR Systems, Inc. | 915,894 | 57,463 | |
IPG Photonics Corp. (a) | 250,883 | 44,025 | |
TE Connectivity Ltd. | 2,337,154 | 214,270 | |
691,789 | |||
Internet Software & Services - 5.0% | |||
Akamai Technologies, Inc. (a) | 1,138,943 | 85,580 | |
Alphabet, Inc.: | |||
Class A (a) | 1,993,509 | 2,455,604 | |
Class C (a) | 2,026,429 | 2,468,576 | |
eBay, Inc. (a) | 6,170,301 | 213,554 | |
Facebook, Inc. Class A (a) | 16,010,527 | 2,813,530 | |
Twitter, Inc. (a) | 4,370,879 | 153,768 | |
VeriSign, Inc. (a) | 640,835 | 101,643 | |
8,292,255 | |||
IT Services - 4.6% | |||
Accenture PLC Class A | 4,292,560 | 725,743 | |
Alliance Data Systems Corp. | 321,718 | 76,755 | |
Automatic Data Processing, Inc. | 2,940,454 | 431,512 | |
Broadridge Financial Solutions, Inc. | 787,109 | 106,370 | |
Cognizant Technology Solutions Corp. Class A | 3,910,835 | 306,727 | |
DXC Technology Co. | 1,900,968 | 173,159 | |
Fidelity National Information Services, Inc. | 2,209,496 | 239,001 | |
Fiserv, Inc. (a) | 2,732,965 | 218,829 | |
FleetCor Technologies, Inc. (a) | 598,327 | 127,886 | |
Gartner, Inc. (a)(b) | 609,022 | 91,207 | |
Global Payments, Inc. | 1,064,951 | 132,672 | |
IBM Corp. | 5,698,456 | 834,710 | |
MasterCard, Inc. Class A | 6,120,067 | 1,319,242 | |
Paychex, Inc. | 2,134,340 | 156,340 | |
PayPal Holdings, Inc. (a) | 7,450,181 | 687,875 | |
The Western Union Co. | 3,075,327 | 58,185 | |
Total System Services, Inc. | 1,107,362 | 107,569 | |
Visa, Inc. Class A | 11,922,520 | 1,751,299 | |
7,545,081 | |||
Semiconductors & Semiconductor Equipment - 3.9% | |||
Advanced Micro Devices, Inc. (a)(b) | 5,499,759 | 138,429 | |
Analog Devices, Inc. | 2,475,712 | 244,724 | |
Applied Materials, Inc. | 6,728,649 | 289,466 | |
Broadcom, Inc. | 2,679,739 | 586,943 | |
Intel Corp. | 31,105,172 | 1,506,423 | |
KLA-Tencor Corp. | 1,040,434 | 120,909 | |
Lam Research Corp. | 1,094,990 | 189,532 | |
Microchip Technology, Inc. (b) | 1,568,856 | 134,969 | |
Micron Technology, Inc. (a) | 7,741,348 | 406,576 | |
NVIDIA Corp. | 4,051,682 | 1,137,226 | |
Qorvo, Inc. (a) | 844,319 | 67,622 | |
Qualcomm, Inc. | 9,896,397 | 679,981 | |
Skyworks Solutions, Inc. | 1,215,336 | 110,960 | |
Texas Instruments, Inc. | 6,534,207 | 734,445 | |
Xilinx, Inc. | 1,691,454 | 131,646 | |
6,479,851 | |||
Software - 6.3% | |||
Activision Blizzard, Inc. | 5,080,989 | 366,339 | |
Adobe Systems, Inc. (a) | 3,287,203 | 866,211 | |
ANSYS, Inc. (a) | 560,808 | 104,299 | |
Autodesk, Inc. (a) | 1,462,537 | 225,743 | |
CA Technologies, Inc. | 2,085,666 | 91,352 | |
Cadence Design Systems, Inc. (a) | 1,881,703 | 88,515 | |
Citrix Systems, Inc. (a) | 859,390 | 97,988 | |
Electronic Arts, Inc. (a) | 2,048,090 | 232,274 | |
Intuit, Inc. | 1,627,071 | 357,093 | |
Microsoft Corp. | 51,284,806 | 5,760,822 | |
Oracle Corp. | 19,891,881 | 966,348 | |
Red Hat, Inc. (a) | 1,185,955 | 175,201 | |
Salesforce.com, Inc. (a) | 4,708,055 | 718,826 | |
Symantec Corp. | 4,148,730 | 83,638 | |
Synopsys, Inc. (a) | 994,640 | 101,593 | |
Take-Two Interactive Software, Inc. (a) | 763,477 | 101,970 | |
10,338,212 | |||
Technology Hardware, Storage & Peripherals - 5.1% | |||
Apple, Inc. | 32,808,199 | 7,468,127 | |
Hewlett Packard Enterprise Co. | 10,192,618 | 168,484 | |
HP, Inc. | 10,956,058 | 270,067 | |
NetApp, Inc. | 1,788,368 | 155,248 | |
Seagate Technology LLC | 1,916,117 | 102,589 | |
Western Digital Corp. | 1,997,420 | 126,317 | |
Xerox Corp. | 1,427,970 | 39,783 | |
8,330,615 | |||
TOTAL INFORMATION TECHNOLOGY | 43,554,709 | ||
MATERIALS - 2.5% | |||
Chemicals - 1.9% | |||
Air Products & Chemicals, Inc. | 1,463,105 | 243,300 | |
Albemarle Corp. U.S. (b) | 739,334 | 70,621 | |
CF Industries Holdings, Inc. | 1,557,661 | 80,920 | |
DowDuPont, Inc. | 15,491,091 | 1,086,390 | |
Eastman Chemical Co. | 952,905 | 92,460 | |
Ecolab, Inc. | 1,733,267 | 260,822 | |
FMC Corp. | 897,871 | 76,723 | |
International Flavors & Fragrances, Inc. | 526,880 | 68,647 | |
LyondellBasell Industries NV Class A | 2,145,967 | 242,022 | |
PPG Industries, Inc. | 1,664,213 | 183,962 | |
Praxair, Inc. | 1,918,169 | 303,435 | |
Sherwin-Williams Co. | 549,482 | 250,333 | |
The Mosaic Co. | 2,341,095 | 73,206 | |
3,032,841 | |||
Construction Materials - 0.1% | |||
Martin Marietta Materials, Inc. | 420,194 | 83,501 | |
Vulcan Materials Co. | 882,327 | 97,762 | |
181,263 | |||
Containers & Packaging - 0.3% | |||
Avery Dennison Corp. | 587,600 | 61,804 | |
Ball Corp. | 2,331,153 | 97,629 | |
International Paper Co. | 2,764,028 | 141,352 | |
Packaging Corp. of America | 629,759 | 69,223 | |
Sealed Air Corp. | 1,075,725 | 43,147 | |
WestRock Co. | 1,711,800 | 94,286 | |
507,441 | |||
Metals & Mining - 0.2% | |||
Freeport-McMoRan, Inc. | 8,993,657 | 126,361 | |
Newmont Mining Corp. | 3,560,983 | 110,497 | |
Nucor Corp. | 2,123,276 | 132,705 | |
369,563 | |||
TOTAL MATERIALS | 4,091,108 | ||
REAL ESTATE - 2.7% | |||
Equity Real Estate Investment Trusts (REITs) - 2.7% | |||
Alexandria Real Estate Equities, Inc. | 687,405 | 88,228 | |
American Tower Corp. | 2,948,049 | 439,613 | |
Apartment Investment & Management Co. Class A | 1,050,301 | 46,003 | |
AvalonBay Communities, Inc. | 922,536 | 169,092 | |
Boston Properties, Inc. | 1,030,368 | 134,412 | |
Crown Castle International Corp. | 2,768,915 | 315,739 | |
Digital Realty Trust, Inc. | 1,374,722 | 170,850 | |
Duke Realty Corp. | 2,383,151 | 67,896 | |
Equinix, Inc. | 530,377 | 231,313 | |
Equity Residential (SBI) | 2,457,803 | 166,516 | |
Essex Property Trust, Inc. | 440,852 | 108,573 | |
Extra Space Storage, Inc. | 841,768 | 77,619 | |
Federal Realty Investment Trust (SBI) | 488,743 | 63,835 | |
HCP, Inc. | 3,135,848 | 84,762 | |
Host Hotels & Resorts, Inc. | 4,948,374 | 106,538 | |
Iron Mountain, Inc. | 1,878,573 | 67,816 | |
Kimco Realty Corp. | 2,836,158 | 48,527 | |
Mid-America Apartment Communities, Inc. | 759,545 | 78,658 | |
Prologis, Inc. | 4,200,531 | 282,192 | |
Public Storage | 1,000,151 | 212,612 | |
Realty Income Corp. | 1,898,262 | 111,181 | |
Regency Centers Corp. | 983,796 | 64,960 | |
SBA Communications Corp. Class A (a) | 768,859 | 119,350 | |
Simon Property Group, Inc. | 2,067,160 | 378,352 | |
SL Green Realty Corp. | 590,218 | 61,619 | |
The Macerich Co. | 724,657 | 42,566 | |
UDR, Inc. | 1,786,212 | 71,395 | |
Ventas, Inc. | 2,378,357 | 142,392 | |
Vornado Realty Trust | 1,155,122 | 88,944 | |
Welltower, Inc. | 2,482,953 | 165,638 | |
Weyerhaeuser Co. | 5,053,015 | 175,390 | |
4,382,581 | |||
Real Estate Management & Development - 0.0% | |||
CBRE Group, Inc. (a) | 2,018,288 | 98,513 | |
TOTAL REAL ESTATE | 4,481,094 | ||
TELECOMMUNICATION SERVICES - 1.9% | |||
Diversified Telecommunication Services - 1.9% | |||
AT&T, Inc. | 48,470,984 | 1,548,163 | |
CenturyLink, Inc. | 6,553,114 | 139,975 | |
Verizon Communications, Inc. | 27,580,122 | 1,499,531 | |
3,187,669 | |||
UTILITIES - 2.8% | |||
Electric Utilities - 1.8% | |||
Alliant Energy Corp. | 1,545,124 | 66,193 | |
American Electric Power Co., Inc. | 3,287,556 | 235,816 | |
Duke Energy Corp. | 4,679,173 | 380,136 | |
Edison International | 2,174,765 | 142,947 | |
Entergy Corp. | 1,206,986 | 100,892 | |
Evergy, Inc. | 1,810,355 | 103,281 | |
Eversource Energy | 2,115,191 | 132,051 | |
Exelon Corp. | 6,443,858 | 281,661 | |
FirstEnergy Corp. | 2,992,333 | 111,853 | |
NextEra Energy, Inc. | 3,146,803 | 535,271 | |
PG&E Corp. | 3,447,121 | 159,188 | |
Pinnacle West Capital Corp. | 747,144 | 58,688 | |
PPL Corp. | 4,666,150 | 138,771 | |
Southern Co. | 6,752,525 | 295,626 | |
Xcel Energy, Inc. | 3,396,585 | 163,206 | |
2,905,580 | |||
Independent Power and Renewable Electricity Producers - 0.1% | |||
NRG Energy, Inc. | 1,996,749 | 70,665 | |
The AES Corp. | 4,414,798 | 59,423 | |
130,088 | |||
Multi-Utilities - 0.9% | |||
Ameren Corp. | 1,626,374 | 102,836 | |
CenterPoint Energy, Inc. | 2,880,051 | 80,037 | |
CMS Energy Corp. | 1,885,840 | 92,859 | |
Consolidated Edison, Inc. | 2,074,102 | 163,709 | |
Dominion Resources, Inc. | 4,355,740 | 308,256 | |
DTE Energy Co. | 1,211,388 | 134,634 | |
NiSource, Inc. | 2,251,894 | 60,959 | |
Public Service Enterprise Group, Inc. | 3,372,288 | 176,539 | |
SCANA Corp. | 952,032 | 36,501 | |
Sempra Energy (b) | 1,763,103 | 204,661 | |
WEC Energy Group, Inc. | 2,106,202 | 142,337 | |
1,503,328 | |||
Water Utilities - 0.0% | |||
American Water Works Co., Inc. | 1,188,458 | 104,026 | |
TOTAL UTILITIES | 4,643,022 | ||
TOTAL COMMON STOCKS | |||
(Cost $87,707,818) | 164,200,785 | ||
Principal Amount (000s) | Value (000s) | ||
U.S. Treasury Obligations - 0.0% | |||
U.S. Treasury Bills, yield at date of purchase 2.07% 1/3/19 (c) | |||
(Cost $14,894) | 15,000 | 14,893 | |
Shares | Value (000s) | ||
Money Market Funds - 0.6% | |||
Fidelity Cash Central Fund, 1.97% (d) | 156,490,483 | $156,522 | |
Fidelity Securities Lending Cash Central Fund 1.98% (d)(e) | 764,457,982 | 764,534 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $921,039) | 921,056 | ||
TOTAL INVESTMENT IN SECURITIES - 100.3% | |||
(Cost $88,643,751) | 165,136,734 | ||
NET OTHER ASSETS (LIABILITIES) - (0.3)% | (464,871) | ||
NET ASSETS - 100% | $164,671,863 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount (000s) | Value (000s) | Unrealized Appreciation/(Depreciation) (000s) | |
Purchased | |||||
Equity Index Contracts | |||||
CME E-mini S&P 500 Index Contracts (United States) | 3,215 | Sept. 2018 | $466,513 | $11,219 | $11,219 |
The notional amount of futures purchased as a percentage of Net Assets is 0.3%
Legend
(a) Non-income producing
(b) Security or a portion of the security is on loan at period end.
(c) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $14,893,000.
(d) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
(e) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
(Amounts in thousands) | |
Fidelity Cash Central Fund | $2,732 |
Fidelity Securities Lending Cash Central Fund | 949 |
Total | $3,681 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations if applicable.
Investment Valuation
The following is a summary of the inputs used, as of August 31, 2018, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
(Amounts in thousands) | ||||
Investments in Securities: | ||||
Equities: | ||||
Consumer Discretionary | $21,211,613 | $21,211,613 | $-- | $-- |
Consumer Staples | 11,003,130 | 11,003,130 | -- | -- |
Energy | 9,614,178 | 9,614,178 | -- | -- |
Financials | 22,642,287 | 22,642,287 | -- | -- |
Health Care | 24,006,550 | 24,006,550 | -- | -- |
Industrials | 15,765,425 | 15,765,425 | -- | -- |
Information Technology | 43,554,709 | 43,554,709 | -- | -- |
Materials | 4,091,108 | 4,091,108 | -- | -- |
Real Estate | 4,481,094 | 4,481,094 | -- | -- |
Telecommunication Services | 3,187,669 | 3,187,669 | -- | -- |
Utilities | 4,643,022 | 4,643,022 | -- | -- |
U.S. Government and Government Agency Obligations | 14,893 | -- | 14,893 | -- |
Money Market Funds | 921,056 | 921,056 | -- | -- |
Total Investments in Securities: | $165,136,734 | $165,121,841 | $14,893 | $-- |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | $11,219 | $11,219 | $-- | $-- |
Total Assets | $11,219 | $11,219 | $-- | $-- |
Total Derivative Instruments: | $11,219 | $11,219 | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of August 31, 2018. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
(Amounts in thousands) | ||
Equity Risk | ||
Futures Contracts(a) | $11,219 | $0 |
Total Equity Risk | 11,219 | 0 |
Total Value of Derivatives | $11,219 | $0 |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in net unrealized appreciation (depreciation).
See accompanying notes which are an integral part of the financial statements.
Financial Statements
Statement of Assets and Liabilities
Amounts in thousands (except per-share amounts) | August 31, 2018 (Unaudited) | |
Assets | ||
Investment in securities, at value (including securities loaned of $750,847) — See accompanying schedule: Unaffiliated issuers (cost $87,722,712) | $164,215,678 | |
Fidelity Central Funds (cost $921,039) | 921,056 | |
Total Investment in Securities (cost $88,643,751) | $165,136,734 | |
Segregated cash with brokers for derivative instruments | 1,946 | |
Cash | 264 | |
Receivable for investments sold | 466,062 | |
Receivable for fund shares sold | 234,358 | |
Dividends receivable | 305,471 | |
Distributions receivable from Fidelity Central Funds | 314 | |
Receivable for daily variation margin on futures contracts | 2 | |
Other receivables | 3,568 | |
Total assets | 166,148,719 | |
Liabilities | ||
Payable for investments purchased | $50,043 | |
Payable for fund shares redeemed | 656,885 | |
Accrued management fee | 2,022 | |
Other payables and accrued expenses | 3,543 | |
Collateral on securities loaned | 764,363 | |
Total liabilities | 1,476,856 | |
Net Assets | $164,671,863 | |
Net Assets consist of: | ||
Paid in capital | $87,310,136 | |
Undistributed net investment income | 544,391 | |
Accumulated undistributed net realized gain (loss) on investments | 313,134 | |
Net unrealized appreciation (depreciation) on investments | 76,504,202 | |
Net Assets | $164,671,863 | |
Investor Class: | ||
Net Asset Value, offering price and redemption price per share ($3,884,526 ÷ 38,203 shares) | $101.68 | |
Premium Class: | ||
Net Asset Value, offering price and redemption price per share ($82,816,711 ÷ 814,327 shares) | $101.70 | |
Institutional Class: | ||
Net Asset Value, offering price and redemption price per share ($36,462,914 ÷ 358,525 shares) | $101.70 | |
Institutional Premium Class: | ||
Net Asset Value, offering price and redemption price per share ($41,507,712 ÷ 408,140 shares) | $101.70 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
Amounts in thousands | Six months ended August 31, 2018 (Unaudited) | |
Investment Income | ||
Dividends | $1,460,826 | |
Interest | 140 | |
Income from Fidelity Central Funds | 3,681 | |
Total income | 1,464,647 | |
Expenses | ||
Management fee | $11,447 | |
Transfer agent fees | 9,786 | |
Independent trustees' fees and expenses | 377 | |
Legal | 29 | |
Commitment fees | 203 | |
Total expenses before reductions | 21,842 | |
Expense reductions | (8) | |
Total expenses after reductions | 21,834 | |
Net investment income (loss) | 1,442,813 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | 685,106 | |
Redemptions in-kind with affiliated entities | 176,347 | |
Fidelity Central Funds | 26 | |
Futures contracts | 39,986 | |
Total net realized gain (loss) | 901,465 | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | 9,756,644 | |
Fidelity Central Funds | (28) | |
Futures contracts | (9,440) | |
Total change in net unrealized appreciation (depreciation) | 9,747,176 | |
Net gain (loss) | 10,648,641 | |
Net increase (decrease) in net assets resulting from operations | $12,091,454 |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
Amounts in thousands | Six months ended August 31, 2018 (Unaudited) | Year ended February 28, 2018 |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net investment income (loss) | $1,442,813 | $2,476,977 |
Net realized gain (loss) | 901,465 | 1,319,749 |
Change in net unrealized appreciation (depreciation) | 9,747,176 | 16,399,139 |
Net increase (decrease) in net assets resulting from operations | 12,091,454 | 20,195,865 |
Distributions to shareholders from net investment income | (1,338,756) | (2,396,654) |
Distributions to shareholders from net realized gain | (136,220) | (218,567) |
Total distributions | (1,474,976) | (2,615,221) |
Share transactions - net increase (decrease) | 6,535,174 | 13,154,359 |
Total increase (decrease) in net assets | 17,151,652 | 30,735,003 |
Net Assets | ||
Beginning of period | 147,520,211 | 116,785,208 |
End of period | $164,671,863 | $147,520,211 |
Other Information | ||
Undistributed net investment income end of period | $544,391 | $440,334 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity 500 Index Fund Investor Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016 A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $95.13 | $82.98 | $68.13 | $74.71 | $66.10 | $53.81 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .88 | 1.66 | 1.54 | 1.45 | 1.44 | 1.19 |
Net realized and unrealized gain (loss) | 6.57 | 12.27 | 15.23 | (6.05) | 8.64 | 12.26 |
Total from investment operations | 7.45 | 13.93 | 16.77 | (4.60) | 10.08 | 13.45 |
Distributions from net investment income | (.82) | (1.62) | (1.52) | (1.52) | (1.31) | (1.16) |
Distributions from net realized gain | (.09) | (.15) | (.40) | (.46) | (.16) | – |
Total distributions | (.90)C | (1.78)D | (1.92) | (1.98) | (1.47) | (1.16) |
Net asset value, end of period | $101.68 | $95.13 | $82.98 | $68.13 | $74.71 | $66.10 |
Total ReturnE,F | 7.92% | 16.99% | 24.88% | (6.26)% | 15.40% | 25.27% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .08%I | .09% | .09% | .10% | .10% | .10% |
Expenses net of fee waivers, if any | .08%I | .09% | .09% | .10% | .10% | .10% |
Expenses net of all reductions | .08%I | .09% | .09% | .10% | .10% | .10% |
Net investment income (loss) | 1.84%I | 1.88% | 2.04% | 2.02% | 2.06% | 1.98% |
Supplemental Data | ||||||
Net assets, end of period (in millions) | $3,885 | $3,887 | $3,823 | $7,635 | $7,315 | $5,751 |
Portfolio turnover rateJ | 3%I,K | 4%K | 5% | 5% | 4% | 4% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $.90 per share is comprised of distributions from net investment income of $.816 and distributions from net realized gain of $.087 per share.
D Total distributions of $1.78 per share is comprised of distributions from net investment income of $1.624 and distributions from net realized gain of $.153 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from brokerage service arrangements or reductions from other expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from brokerage service arrangements or other expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
K Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity 500 Index Fund Premium Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016 A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $95.15 | $82.99 | $68.15 | $74.72 | $66.11 | $53.82 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .91 | 1.71 | 1.58 | 1.48 | 1.48 | 1.22 |
Net realized and unrealized gain (loss) | 6.57 | 12.27 | 15.21 | (6.04) | 8.63 | 12.26 |
Total from investment operations | 7.48 | 13.98 | 16.79 | (4.56) | 10.11 | 13.48 |
Distributions from net investment income | (.84) | (1.67) | (1.55) | (1.55) | (1.34) | (1.19) |
Distributions from net realized gain | (.09) | (.15) | (.40) | (.46) | (.16) | – |
Total distributions | (.93) | (1.82) | (1.95) | (2.01) | (1.50) | (1.19) |
Net asset value, end of period | $101.70 | $95.15 | $82.99 | $68.15 | $74.72 | $66.11 |
Total ReturnC,D | 7.95% | 17.06% | 24.91% | (6.21)% | 15.45% | 25.32% |
Ratios to Average Net AssetsE,F | ||||||
Expenses before reductions | .03%G | .04% | .05% | .07% | .07% | .07% |
Expenses net of fee waivers, if any | .03%G | .04% | .05% | .05% | .05% | .05% |
Expenses net of all reductions | .03%G | .04% | .05% | .05% | .05% | .05% |
Net investment income (loss) | 1.88%G | 1.94% | 2.08% | 2.06% | 2.11% | 2.02% |
Supplemental Data | ||||||
Net assets, end of period (in millions) | $82,817 | $76,947 | $66,051 | $49,215 | $49,784 | $38,736 |
Portfolio turnover rateH | 3%G,I | 4%I | 5% | 5% | 4% | 4% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total returns for periods of less than one year are not annualized.
D Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
E Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
F Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from brokerage service arrangements or reductions from other expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from brokerage service arrangements or other expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
G Annualized
H Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
I Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity 500 Index Fund Institutional Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016 A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $95.16 | $83.00 | $68.15 | $74.73 | $66.11 | $53.82 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .91 | 1.71 | 1.59 | 1.49 | 1.48 | 1.22 |
Net realized and unrealized gain (loss) | 6.56 | 12.28 | 15.22 | (6.05) | 8.64 | 12.26 |
Total from investment operations | 7.47 | 13.99 | 16.81 | (4.56) | 10.12 | 13.48 |
Distributions from net investment income | (.85) | (1.67) | (1.56) | (1.56) | (1.35) | (1.19) |
Distributions from net realized gain | (.09) | (.15) | (.40) | (.46) | (.16) | – |
Total distributions | (.93)C | (1.83)D | (1.96) | (2.02) | (1.50)E | (1.19) |
Net asset value, end of period | $101.70 | $95.16 | $83.00 | $68.15 | $74.73 | $66.11 |
Total ReturnF,G | 7.94% | 17.07% | 24.94% | (6.21)% | 15.47% | 25.33% |
Ratios to Average Net AssetsH,I | ||||||
Expenses before reductions | .03%J | .03% | .04% | .05% | .05% | .05% |
Expenses net of fee waivers, if any | .03%J | .03% | .04% | .04% | .04% | .04% |
Expenses net of all reductions | .03%J | .03% | .04% | .04% | .04% | .04% |
Net investment income (loss) | 1.89%J | 1.94% | 2.09% | 2.07% | 2.12% | 2.03% |
Supplemental Data | ||||||
Net assets, end of period (in millions) | $36,463 | $34,461 | $32,087 | $23,860 | $25,621 | $22,636 |
Portfolio turnover rateK | 3%J,L | 4%L | 5% | 5% | 4% | 4% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $.93 per share is comprised of distributions from net investment income of $.845 and distributions from net realized gain of $.087 per share.
D Total distributions of $1.83 per share is comprised of distributions from net investment income of $1.673 and distributions from net realized gain of $.153 per share.
E Total distributions of $1.50 per share is comprised of distributions from net investment income of $1.347 and distributions from net realized gain of $.157 per share.
F Total returns for periods of less than one year are not annualized.
G Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
H Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
I Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from brokerage service arrangements or reductions from other expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from brokerage service arrangements or other expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
J Annualized
K Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
L Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity 500 Index Fund Institutional Premium Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016 A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $95.15 | $83.00 | $68.15 | $74.73 | $66.11 | $53.83 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .91 | 1.74 | 1.61 | 1.50 | 1.50 | 1.24 |
Net realized and unrealized gain (loss) | 6.58 | 12.25 | 15.21 | (6.05) | 8.64 | 12.24 |
Total from investment operations | 7.49 | 13.99 | 16.82 | (4.55) | 10.14 | 13.48 |
Distributions from net investment income | (.85) | (1.69) | (1.58) | (1.57) | (1.36) | (1.20) |
Distributions from net realized gain | (.09) | (.15) | (.40) | (.46) | (.16) | – |
Total distributions | (.94) | (1.84) | (1.97)C | (2.03) | (1.52) | (1.20) |
Net asset value, end of period | $101.70 | $95.15 | $83.00 | $68.15 | $74.73 | $66.11 |
Total ReturnD,E | 7.96% | 17.08% | 24.97% | (6.19)% | 15.50% | 25.34% |
Ratios to Average Net AssetsF,G | ||||||
Expenses before reductions | .02%H | .02% | .02% | .03% | .03% | .03% |
Expenses net of fee waivers, if any | .02%H | .02% | .02% | .02% | .02% | .02% |
Expenses net of all reductions | .02%H | .02% | .02% | .02% | .02% | .02% |
Net investment income (loss) | 1.90%H | 1.96% | 2.11% | 2.09% | 2.14% | 2.05% |
Supplemental Data | ||||||
Net assets, end of period (in millions) | $41,508 | $32,225 | $14,824 | $6,722 | $6,217 | $3,506 |
Portfolio turnover rateI | 3%H,J | 4%J | 5% | 5% | 4% | 4% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $1.97 per share is comprised of distributions from net investment income of $1.576 and distributions from net realized gain of $.398 per share.
D Total returns for periods of less than one year are not annualized.
E Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
F Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
G Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from brokerage service arrangements or reductions from other expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from brokerage service arrangements or other expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
H Annualized
I Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
J Portfolio turnover rate excludes securities received or delivered in-kind
See accompanying notes which are an integral part of the financial statements.
Notes to Financial Statements (Unaudited)
For the period ended August 31, 2018
(Amounts in thousands except percentages)
1. Organization.
Fidelity 500 Index Fund (the Fund) is a fund of Fidelity Concord Street Trust (the Trust) and is authorized to issue an unlimited number of shares. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Massachusetts business trust. The Fund offers Investor Class, Premium Class, Institutional Class and Institutional Premium Class shares, each of which has equal rights as to assets and voting privileges. Each class has exclusive voting rights with respect to matters that affect that class. The Fund offers conversion privileges between share classes to eligible shareholders.
2. Investments in Fidelity Central Funds.
The Fund invests in Fidelity Central Funds, which are open-end investment companies generally available only to other investment companies and accounts managed by the investment adviser and its affiliates. The Fund's Schedule of Investments lists each of the Fidelity Central Funds held as of period end, if any, as an investment of the Fund, but does not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, the Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.
The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of the investment adviser. Annualized expenses of the Money Market Central Funds as of their most recent shareholder report date are less than .005%.
A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds are available on the SEC website or upon request.
3. Significant Accounting Policies.
The Fund is an investment company and applies the accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services – Investments Companies. The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Subsequent events, if any, through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the Fund:
Investment Valuation. Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee.
The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:
- Level 1 – quoted prices in active markets for identical investments
- Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
- Level 3 – unobservable inputs (including the Fund's own assumptions based on the best information available)
Valuation techniques used to value the Fund's investments by major category are as follows:
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. Utilizing these techniques may result in transfers between Level 1 and Level 2. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. U.S. government and government agency obligations are valued by pricing vendors who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy. Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. The aggregate value of investments by input level as of August 31, 2018, is included at the end of the Fund's Schedule of Investments.
Investment Transactions and Income. For financial reporting purposes, the Fund's investment holdings and NAV include trades executed through the end of the last business day of the period. The NAV per share for processing shareholder transactions is calculated as of the close of business of the New York Stock Exchange (NYSE), normally 4:00 p.m. Eastern time and includes trades executed through the end of the prior business day. Gains and losses on securities sold are determined on the basis of identified cost and include proceeds received from litigation. Dividend income is recorded on the ex-dividend date, except for certain dividends from foreign securities where the ex-dividend date may have passed, which are recorded as soon as the Fund is informed of the ex-dividend date. Non-cash dividends included in dividend income, if any, are recorded at the fair market value of the securities received. Income and capital gain distributions from Fidelity Central Funds, if any, are recorded on the ex-dividend date. Certain distributions received by the Fund represent a return of capital or capital gain. The Fund determines the components of these distributions subsequent to the ex-dividend date, based upon receipt of tax filings or other correspondence relating to the underlying investment. These distributions are recorded as a reduction of cost of investments and/or as a realized gain. Interest income is accrued as earned and includes coupon interest and amortization of premium and accretion of discount on debt securities as applicable.
Class Allocations and Expenses. Investment income, realized and unrealized capital gains and losses, common expenses of the Fund, and certain fund-level expense reductions, if any, are allocated daily on a pro-rata basis to each class based on the relative net assets of each class to the total net assets of the Fund. Each class differs with respect to transfer agent fees incurred. Certain expense reductions may also differ by class. For the reporting period, the allocated portion of income and expenses to each class as a percent of its average net assets may vary due to the timing of recording these transactions in relation to fluctuating net assets of the classes. Expenses directly attributable to a fund are charged to that fund. Expenses attributable to more than one fund are allocated among the respective funds on the basis of relative net assets or other appropriate methods. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.
Deferred Trustee Compensation. Under a Deferred Compensation Plan (the Plan), certain independent Trustees have elected to defer receipt of a portion of their annual compensation. Deferred amounts are invested in a cross-section of Fidelity funds, are marked-to-market and remain in the Fund until distributed in accordance with the Plan. The investment of deferred amounts and the offsetting payable to the Trustees of $3,542 are included in the accompanying Statement of Assets and Liabilities in other receivables and other payables and accrued expenses, respectively.
Income Tax Information and Distributions to Shareholders. Each year, the Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code, including distributing substantially all of its taxable income and realized gains. As a result, no provision for U.S. Federal income taxes is required. The Fund files a U.S. federal tax return, in addition to state and local tax returns as required. The Fund's federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction.
Distributions are declared and recorded on the ex-dividend date. Income and capital gain distributions are declared separately for each class. Income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP.
Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Capital accounts are not adjusted for temporary book-tax differences which will reverse in a subsequent period.
Book-tax differences are primarily due to futures contracts, market discount, redemptions in kind, deferred trustees compensation and losses deferred due to wash sales.
As of period end, the cost and unrealized appreciation (depreciation) in securities, and derivatives if applicable, for federal income tax purposes were as follows:
Gross unrealized appreciation | $79,878,279 |
Gross unrealized depreciation | (4,012,026) |
Net unrealized appreciation (depreciation) | $75,866,253 |
Tax cost | $89,281,700 |
4. Derivative Instruments.
Risk Exposures and the Use of Derivative Instruments. The Fund's investment objective allows the Fund to enter into various types of derivative contracts, including futures contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.
The Fund used derivatives to increase returns and to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.
The Fund's use of derivatives increased or decreased its exposure to the following risk:
Equity Risk | Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment. |
The Fund is also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Fund will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Fund. Counterparty credit risk related to exchange-traded futures contracts may be mitigated by the protection provided by the exchange on which they trade.
Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received and amounts recognized in the Statement of Assets and Liabilities. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.
Futures Contracts. A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a fixed price at a specified future date. The Fund used futures contracts to manage its exposure to the stock market.
Upon entering into a futures contract, a fund is required to deposit either cash or securities (initial margin) with a clearing broker in an amount equal to a certain percentage of the face value of the contract. Futures contracts are marked-to-market daily and subsequent daily payments (variation margin) are made or received by a fund depending on the daily fluctuations in the value of the futures contracts and are recorded as unrealized appreciation or (depreciation). This receivable and/or payable, if any, is included in daily variation margin on futures contracts in the Statement of Assets and Liabilities. Realized gain or (loss) is recorded upon the expiration or closing of a futures contract. The net realized gain (loss) and change in net unrealized appreciation (depreciation) on futures contracts during the period is presented in the Statement of Operations.
Any open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The notional amount at value reflects each contract's exposure to the underlying instrument or index at period end and is representative of volume of activity during the period. Securities deposited to meet initial margin requirements are identified in the Schedule of Investments. Cash deposited to meet initial margin requirements is presented as segregated cash with brokers for derivative instruments in the Statement of Assets and Liabilities.
5. Purchases and Sales of Investments.
Purchases and sales of securities, other than short-term securities and in-kind transactions, aggregated $10,239,318 and $2,354,676, respectively.
Redemptions In-Kind. During the period, 4,681 shares of the Fund held by an unaffiliated entity were redeemed in-kind for investments and cash with a value of $476,075. The net realized gain of $358,360 on investments delivered through the in-kind redemptions is included in the accompanying Statement of Operations. The amount of the redemptions is included in share transactions activity shown in the accompanying Statement of Changes in Net Assets as well as the Notes to Financial Statements. The Fund recognized no gain or loss for federal income tax purposes.
Exchanges In-Kind. Investments and cash received in-kind through subscriptions totaled $44,133 in exchange for 473 shares of the Fund. The amount of in-kind exchanges is included in share transactions in the accompanying Statement of Changes in Net Assets as well as the Notes to Financial Statements. The Fund recognized no gain or loss for federal income tax purposes.
Prior Fiscal Year Redemptions In-Kind. During the prior period, 18,388 shares of the Fund held by unaffiliated entities were redeemed in-kind for investments and cash with a value of $1,534,318. The Fund had a net realized gain of $1,107,402 on investments delivered through in-kind redemptions. The amount of the in-kind redemptions is included in share transactions in the accompanying Notes to Financial Statements. The Fund recognized no gain or loss for federal income tax purposes.
Prior Fiscal Year Exchanges In-Kind. During the prior period, investments and cash received in-kind through subscriptions totaled $605,912 in exchange for 6,640 shares of the Fund. The amount of in-kind exchanges is included in shares transactions in the accompanying Notes to Financials. The Fund recognized no gain or loss for federal income tax purposes.
6. Fees and Other Transactions with Affiliates.
Management Fee and Expense Contract. Fidelity Management & Research Company (the investment adviser) and its affiliates provide the Fund with investment management related services for which the Fund pays a monthly management fee. The management fee is based on an annual rate of .015% of the Fund's average net assets. Under the management contract, the investment adviser pays all other fund-level expenses, except the compensation of the independent Trustees and certain other expenses such as interest expense, including commitment fees.
Effective August 1, 2018, the Board approved an amendment to the expense contract. Under the expense contract, the investment adviser pays class-level expenses as necessary so that the total expenses do not exceed .015% of each class' average net assets on an annual basis with certain exceptions.
Prior to August 1, 2018, the investment adviser paid class-level expenses as necessary so that the total expenses did not exceed .09%, .035%, .030% and .015% for Investor Class, Premium Class, Institutional Class and Institutional Premium Class, respectively.
Sub-Adviser. Geode Capital Management, LLC (Geode), serves as sub-adviser for the Fund. Geode provides discretionary investment advisory services to the Fund and is paid by the investment adviser for providing these services.
Transfer Agent Fees. Fidelity Investments Institutional Operations Company, Inc. (FIIOC), an affiliate of the investment adviser, is the transfer, dividend disbursing and shareholder servicing agent for each class. FIIOC receives transfer agent fees at an annual rate of .075%, .045%, .035% and .015% of class-level average net assets for Investor Class, Premium Class, Institutional Class and Institutional Premium Class, respectively. FIIOC pays for typesetting, printing and mailing of shareholder reports, except proxy statements.
Effective August 1, 2018, under the amended expense contract, Investor Class, Premium Class, Institutional Class and Institutional Premium Class pay no transfer agent fees. Prior to August 1, 2018, Investor Class, Premium Class and Institutional Class paid all or a portion of the transfer agent fees at an annual rate of .075%, .02% and .015% of class-level average net assets, respectively, and Institutional Premium Class did not pay transfer agent fees.
For the period, the total transfer agent fees paid by each applicable class were as follows:
Amount | % of Class-Level Average Net Assets | |
Investor Class | $1,186 | .062 |
Premium Class | 6,458 | .017 |
Institutional Class | 2,142 | .012 |
$9,786 |
Interfund Trades. The Fund may purchase from or sell securities to other Fidelity Funds under procedures adopted by the Board. The procedures have been designed to ensure these interfund trades are executed in accordance with Rule 17a-7 of the 1940 Act. Interfund trades are included within the respective purchases and sales amounts shown in the Purchases and Sales of Investments note.
Redemptions In-Kind. During the period, 2,548 shares of the Fund held by an affiliated entity were redeemed in-kind for investments and cash with a value of $236,624. The net realized gain of $176,347 on investments delivered through in-kind redemptions is included in the accompanying Statement of Operations. The amount of in-kind redemptions is included in share transactions in the accompanying Statement of Changes in Net Assets as well as the Notes to Financial Statements. The Fund recognized no gain or loss for federal income tax purposes.
7. Committed Line of Credit.
The Fund participates with other funds managed by the investment adviser or an affiliate in a $4.25 billion credit facility (the "line of credit") to be utilized for temporary or emergency purposes to fund shareholder redemptions or for other short-term liquidity purposes. The Fund has agreed to pay commitment fees on its pro-rata portion of the line of credit, which amounted to $203 and is reflected in Commitment fees on the Statement of Operations. During the period, the Fund did not borrow on this line of credit.
8. Security Lending.
The Fund lends portfolio securities through a lending agent from time to time in order to earn additional income. On the settlement date of the loan, the Fund receives collateral (in the form of U.S. Treasury obligations, letters of credit and/or cash) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of the loaned securities during the period of the loan. The market value of the loaned securities is determined at the close of business of the Fund and any additional required collateral is delivered to the Fund on the next business day. The Fund or borrower may terminate the loan at any time, and if the borrower defaults on its obligation to return the securities loaned because of insolvency or other reasons, the Fund may apply collateral received from the borrower against the obligation. The Fund may experience delays and costs in recovering the securities loaned. Any cash collateral received is invested in the Fidelity Securities Lending Cash Central Fund. The value of loaned securities and cash collateral at period end are disclosed on the Fund's Statement of Assets and Liabilities. Security lending income represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium payments received for lending certain types of securities. Security lending income is presented in the Statement of Operations as a component of income from Fidelity Central Funds. Total security lending income during the period amounted to $949. During the period, there were no securities loaned to FCM.
9. Expense Reductions.
Through arrangements with the Fund's custodian, credits realized as a result of certain uninvested cash balances were used to reduce the Fund's expenses. During the period, these credits reduced the Fund's miscellaneous expense by $8.
10. Distributions to Shareholders.
Distributions to shareholders of each class were as follows:
Six months ended August 31, 2018 | Year ended February 28, 2018 | |
From net investment income | ||
Investor Class | $32,311 | $71,890 |
Premium Class | 684,386 | 1,329,438 |
Institutional Class | 303,334 | 638,829 |
Institutional Premium Class | 318,725 | 356,497 |
Total | $1,338,756 | $2,396,654 |
From net realized gain | ||
Investor Class | $3,521 | $6,999 |
Premium Class | 70,474 | 122,417 |
Institutional Class | 31,561 | 58,190 |
Institutional Premium Class | 30,664 | 30,961 |
Total | $136,220 | $218,567 |
11. Share Transactions.
Share transactions for each class were as follows and may contain automatic conversions between classes or exchanges between affiliated funds:
Shares | Shares | Dollars | Dollars | |
Six months ended August 31, 2018 | Year ended February 28, 2018 | Six months ended August 31, 2018 | Year ended February 28, 2018 | |
Investor Class | ||||
Shares sold | 7,669 | 27,506 | $735,748 | $2,422,971 |
Reinvestment of distributions | 354 | 837 | 33,089 | 72,968 |
Shares redeemed | (10,683) | (33,550) | (1,027,493) | (2,964,308) |
Net increase (decrease) | (2,660) | (5,207) | $(258,656) | $(468,369) |
Premium Class | ||||
Shares sold | 69,559 | 175,324 | $6,676,719 | $15,578,782 |
Reinvestment of distributions | 7,515 | 15,466 | 702,793 | 1,350,249 |
Shares redeemed | (71,421) | (177,971)(a) | (6,871,805) | (15,733,233)(a) |
Net increase (decrease) | 5,653 | 12,819 | $507,707 | $1,195,798 |
Institutional Class | ||||
Shares sold | 53,683(b) | 127,928(c) | $5,154,646(b) | $11,322,826(c) |
Reinvestment of distributions | 3,490 | 7,812 | 326,314 | 681,273 |
Shares redeemed | (60,800)(d) | (160,189)(a) | (5,812,847)(d) | (14,275,460)(a) |
Net increase (decrease) | (3,627) | (24,449) | $(331,887) | $(2,271,361) |
Institutional Premium Class | ||||
Shares sold | 98,939 | 209,698(c) | $9,490,311 | $19,094,587(c) |
Reinvestment of distributions | 3,684 | 4,399 | 344,974 | 386,209 |
Shares redeemed | (33,147)(d) | (54,039) | (3,217,275)(d) | (4,782,505) |
Net increase (decrease) | 69,476 | 160,058 | $6,618,010 | $14,698,291 |
(a) Amount includes in-kind redemptions (see the Prior Fiscal Year Redemptions In-Kind note for additional details).
(b) Amount includes in-kind exchanges (see the Exchanges In-Kind note for additional details).
(c) Amount includes in-kind exchanges (see the Prior Fiscal Year Exchange In-Kind note for additional details).
(d) Amount includes in-kind redemptions (see the Redemptions In-Kind note for additional details).
12. Other.
The Fund's organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the Fund. In the normal course of business, the Fund may also enter into contracts that provide general indemnifications. The Fund's maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against the Fund. The risk of material loss from such claims is considered remote.
Shareholder Expense Example
As a shareholder of the Fund, you incur two types of costs: (1) transaction costs, and (2) ongoing costs, including management fees and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in the Fund and to compare these costs with the ongoing costs of investing in other mutual funds.
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (March 1, 2018 to August 31, 2018).
Actual Expenses
The first line of the accompanying table for each class of the Fund provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000.00 (for example, an $8,600 account value divided by $1,000.00 = 8.6), then multiply the result by the number in the first line for a class of the Fund under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee, which was eliminated effective August 1, 2018, is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, the Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Hypothetical Example for Comparison Purposes
The second line of the accompanying table for each class of the Fund provides information about hypothetical account values and hypothetical expenses based on a Class' actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Class' actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee, which was eliminated effective August 1, 2018, is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, the Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds.
Annualized Expense Ratio-A | Beginning Account Value March 1, 2018 | Ending Account Value August 31, 2018 | Expenses Paid During Period-B March 1, 2018 to August 31, 2018 | |
Investor Class | .08% | |||
Actual | $1,000.00 | $1,079.20 | $.42** | |
Hypothetical-C | $1,000.00 | $1,024.80 | $.41** | |
Premium Class | .03% | |||
Actual | $1,000.00 | $1,079.50 | $.16 | |
Hypothetical-C | $1,000.00 | $1,025.05 | $.15 | |
Institutional Class | .03% | |||
Actual | $1,000.00 | $1,079.40 | $.16 | |
Hypothetical-C | $1,000.00 | $1,025.05 | $.15 | |
Institutional Premium Class | .02% | |||
Actual | $1,000.00 | $1,079.60 | $.10 | |
Hypothetical-C | $1,000.00 | $1,025.10 | $.10 |
A Annualized expense ratio reflects expenses net of applicable fee waivers.
B Expenses are equal to each Class' annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period).
C 5% return per year before expenses
** If fees and changes to the class level expense contract and/ or expense cap, effective August 1, 2018, had been in effect for the entire current period, the restated annualized expense ratio would have been .02% and the expenses paid in the actual and hypothetical examples above would have been $.10 and $.10, respectively.
Board Approval of Investment Advisory Contracts
Fidelity 500 Index Fund
At its July 2018 meeting, the Board of Trustees, including the Independent Trustees (together, the Board), voted to continue the management contract with Fidelity Management & Research Company (FMR) and the sub-advisory agreement with Geode Capital Management, LLC (Geode) (together, the Advisory Contracts) for the fund for six months through January 31, 2019, in connection with the reunification of the Fidelity Equity High Income Funds Board, which oversees the fund, and the Sector Portfolios Board.
The Board considered that the approval of the fund's Advisory Contracts will not result in any changes in (i) the investment process or strategies employed in the management of the fund's assets; (ii) the fees and expenses paid by shareholders; (iii) the nature, extent or quality of services provided under the fund's Advisory Contracts; or (iv) the day-to-day management of the fund or the persons primarily responsible for such management.
The Board considered that the contractual arrangements for the fund that oblige FMR to pay all "class-level" expenses of each class of the fund to the extent necessary to limit total expenses, with certain exceptions, were being set at 0.015% for all classes.
The Board concluded that the fund's Advisory Contracts are fair and reasonable, and that the fund's Advisory Contracts should be renewed, without modification, through January 31, 2019, with the understanding that the Board will consider the annual renewal for a full one year period in January 2019.
In connection with its consideration of future renewals of the fund's Advisory Contracts, the Board will consider: (i) the nature, extent and quality of services provided to the fund, including shareholder and administrative services and investment performance; (ii) the competitiveness of the management fee and total expenses for the fund; (iii) the costs of the services and profitability, including the revenues earned and the expenses incurred in conducting the business of developing, marketing, distributing, managing, administering, and servicing the fund and its shareholders, to the extent applicable, as well as potential fall-out benefits from Fidelity's non-fund businesses; and (iv) whether there have been economies of scale in respect of the Fidelity funds, whether the Fidelity funds (including the fund) have appropriately benefited from any such economies of scale, and whether there is the potential for realization of any further economies.
Based on its evaluation of all of the conclusions noted above, and after considering all factors it believed relevant, the Board ultimately concluded that the fund's management fee structure is fair and reasonable, and that the continuation of the fund's Advisory Contracts should be approved.
U5I-U5A-SANN-1018
1.925892.107
Fidelity® 500 Index Fund Semi-Annual Report August 31, 2018 |
Contents
To view a fund's proxy voting guidelines and proxy voting record for the 12-month period ended June 30, visit http://www.fidelity.com/proxyvotingresults or visit the Securities and Exchange Commission's (SEC) web site at http://www.sec.gov.
You may also call 1-800-544-8544 to request a free copy of the proxy voting guidelines.
Standard & Poor's, S&P and S&P 500 are registered service marks of The McGraw-Hill Companies, Inc. and have been licensed for use by Fidelity Distributors Corporation.
Other third-party marks appearing herein are the property of their respective owners.
All other marks appearing herein are registered or unregistered trademarks or service marks of FMR LLC or an affiliated company. © 2018 FMR LLC. All rights reserved.
This report and the financial statements contained herein are submitted for the general information of the shareholders of the Fund. This report is not authorized for distribution to prospective investors in the Fund unless preceded or accompanied by an effective prospectus.
A fund files its complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. Forms N-Q are available on the SEC’s web site at http://www.sec.gov. A fund's Forms N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information regarding the operation of the SEC's Public Reference Room may be obtained by calling 1-800-SEC-0330.
For a complete list of a fund's portfolio holdings, view the most recent holdings listing, semiannual report, or annual report on Fidelity's web site at http://www.fidelity.com, http://www.institutional.fidelity.com, or http://www.401k.com, as applicable.
NOT FDIC INSURED •MAY LOSE VALUE •NO BANK GUARANTEE
Neither the Fund nor Fidelity Distributors Corporation is a bank.
Note to shareholders:
In July, the Board of Trustees approved a proposal to consolidate the Fund’s share classes into a single share class. The consolidation will take place in November, and the surviving class name will be Fidelity 500 Index. The changes will not impact how the Fund is managed. As part of this initiative, effective August 1, 2018, the Board of Trustees approved a change in the expense contract limiting the total expenses paid by each class, with certain exceptions, to .015% of each class’ average net assets on an annual basis. Also, purchase minimums and eligibility requirements were removed.
Investment Summary (Unaudited)
Top Ten Stocks as of August 31, 2018
% of fund's net assets | |
Apple, Inc. | 4.5 |
Microsoft Corp. | 3.5 |
Amazon.com, Inc. | 3.3 |
Facebook, Inc. Class A | 1.7 |
Berkshire Hathaway, Inc. Class B | 1.6 |
JPMorgan Chase & Co. | 1.6 |
Alphabet, Inc. Class C | 1.5 |
Alphabet, Inc. Class A | 1.5 |
Johnson & Johnson | 1.5 |
Exxon Mobil Corp. | 1.4 |
22.1 |
Top Market Sectors as of August 31, 2018
% of fund's net assets | |
Information Technology | 26.4 |
Health Care | 14.6 |
Financials | 13.8 |
Consumer Discretionary | 12.9 |
Industrials | 9.6 |
Consumer Staples | 6.7 |
Energy | 5.8 |
Utilities | 2.8 |
Real Estate | 2.7 |
Materials | 2.5 |
Schedule of Investments August 31, 2018 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 99.7% | |||
Shares | Value (000s) | ||
CONSUMER DISCRETIONARY - 12.9% | |||
Auto Components - 0.2% | |||
Aptiv PLC | 1,767,316 | $155,541 | |
BorgWarner, Inc. | 1,318,271 | 57,701 | |
The Goodyear Tire & Rubber Co. | 1,600,841 | 36,323 | |
249,565 | |||
Automobiles - 0.4% | |||
Ford Motor Co. | 26,126,356 | 247,678 | |
General Motors Co. | 8,467,132 | 305,240 | |
Harley-Davidson, Inc. | 1,110,956 | 47,349 | |
600,267 | |||
Distributors - 0.1% | |||
Genuine Parts Co. | 979,466 | 97,800 | |
LKQ Corp. (a) | 2,067,299 | 71,363 | |
169,163 | |||
Diversified Consumer Services - 0.0% | |||
H&R Block, Inc. | 1,396,409 | 37,787 | |
Hotels, Restaurants & Leisure - 1.6% | |||
Carnival Corp. | 2,709,827 | 166,627 | |
Chipotle Mexican Grill, Inc. (a) | 163,255 | 77,576 | |
Darden Restaurants, Inc. | 826,291 | 95,883 | |
Hilton Worldwide Holdings, Inc. | 1,864,895 | 144,753 | |
Marriott International, Inc. Class A | 1,981,241 | 250,568 | |
McDonald's Corp. | 5,241,001 | 850,248 | |
MGM Mirage, Inc. | 3,344,857 | 96,967 | |
Norwegian Cruise Line Holdings Ltd. (a) | 1,379,801 | 73,971 | |
Royal Caribbean Cruises Ltd. | 1,130,717 | 138,603 | |
Starbucks Corp. | 9,211,404 | 492,350 | |
Wynn Resorts Ltd. | 565,351 | 83,864 | |
Yum! Brands, Inc. | 2,157,449 | 187,461 | |
2,658,871 | |||
Household Durables - 0.3% | |||
D.R. Horton, Inc. | 2,292,488 | 102,039 | |
Garmin Ltd. | 742,440 | 50,590 | |
Leggett & Platt, Inc. | 876,219 | 39,815 | |
Lennar Corp. Class A | 1,826,292 | 94,365 | |
Mohawk Industries, Inc. (a) | 423,250 | 81,090 | |
Newell Brands, Inc. | 3,242,013 | 70,417 | |
PulteGroup, Inc. | 1,753,392 | 49,007 | |
Whirlpool Corp. | 430,701 | 53,829 | |
541,152 | |||
Internet & Direct Marketing Retail - 4.4% | |||
Amazon.com, Inc. (a) | 2,688,253 | 5,410,674 | |
Expedia, Inc. | 806,776 | 105,284 | |
Netflix, Inc. (a) | 2,901,546 | 1,066,840 | |
The Booking Holdings, Inc. (a) | 321,563 | 627,546 | |
TripAdvisor, Inc. (a)(b) | 715,281 | 38,847 | |
7,249,191 | |||
Leisure Products - 0.1% | |||
Hasbro, Inc. | 758,897 | 75,366 | |
Mattel, Inc. (b) | 2,296,288 | 35,432 | |
110,798 | |||
Media - 2.2% | |||
CBS Corp. Class B | 2,279,361 | 120,852 | |
Charter Communications, Inc. Class A (a)(b) | 1,236,339 | 383,760 | |
Comcast Corp. Class A | 30,652,585 | 1,133,839 | |
Discovery Communications, Inc.: | |||
Class A (a)(b) | 1,041,656 | 28,989 | |
Class C (non-vtg.) (a) | 2,280,130 | 58,463 | |
DISH Network Corp. Class A (a) | 1,528,191 | 54,022 | |
Interpublic Group of Companies, Inc. | 2,573,319 | 60,087 | |
News Corp.: | |||
Class A | 2,558,289 | 33,437 | |
Class B | 812,833 | 11,055 | |
Omnicom Group, Inc. (b) | 1,517,144 | 105,168 | |
The Walt Disney Co. | 9,923,959 | 1,111,682 | |
Twenty-First Century Fox, Inc.: | |||
Class A | 7,035,599 | 319,416 | |
Class B | 2,931,535 | 131,626 | |
Viacom, Inc. Class B (non-vtg.) | 2,356,076 | 68,986 | |
3,621,382 | |||
Multiline Retail - 0.5% | |||
Dollar General Corp. | 1,696,633 | 182,778 | |
Dollar Tree, Inc. (a) | 1,587,137 | 127,780 | |
Kohl's Corp. | 1,122,969 | 88,838 | |
Macy's, Inc. | 2,045,004 | 74,745 | |
Nordstrom, Inc. | 784,038 | 49,277 | |
Target Corp. | 3,558,639 | 311,381 | |
834,799 | |||
Specialty Retail - 2.3% | |||
Advance Auto Parts, Inc. | 494,153 | 81,056 | |
AutoZone, Inc. (a) | 177,967 | 136,479 | |
Best Buy Co., Inc. | 1,637,069 | 130,245 | |
CarMax, Inc. (a)(b) | 1,188,604 | 92,771 | |
Foot Locker, Inc. | 788,417 | 38,869 | |
Gap, Inc. | 1,448,348 | 43,957 | |
Home Depot, Inc. | 7,699,824 | 1,545,894 | |
L Brands, Inc. | 1,619,063 | 42,792 | |
Lowe's Companies, Inc. | 5,486,792 | 596,689 | |
O'Reilly Automotive, Inc. (a) | 546,756 | 183,393 | |
Ross Stores, Inc. | 2,527,349 | 242,069 | |
Tiffany & Co., Inc. | 680,025 | 83,405 | |
TJX Companies, Inc. | 4,185,661 | 460,297 | |
Tractor Supply Co. | 814,676 | 71,920 | |
Ulta Beauty, Inc. (a) | 381,613 | 99,219 | |
3,849,055 | |||
Textiles, Apparel & Luxury Goods - 0.8% | |||
Hanesbrands, Inc. (b) | 2,405,444 | 42,191 | |
Michael Kors Holdings Ltd. (a) | 1,000,518 | 72,658 | |
NIKE, Inc. Class B | 8,561,893 | 703,788 | |
PVH Corp. | 514,356 | 73,635 | |
Ralph Lauren Corp. | 371,614 | 49,354 | |
Tapestry, Inc. | 1,921,165 | 97,384 | |
Under Armour, Inc.: | |||
Class A (sub. vtg.) (a)(b) | 1,241,384 | 25,386 | |
Class C (non-vtg.) (a)(b) | 1,257,215 | 23,849 | |
VF Corp. | 2,185,373 | 201,338 | |
1,289,583 | |||
TOTAL CONSUMER DISCRETIONARY | 21,211,613 | ||
CONSUMER STAPLES - 6.7% | |||
Beverages - 1.7% | |||
Brown-Forman Corp. Class B (non-vtg.) | 1,748,395 | 91,301 | |
Constellation Brands, Inc. Class A (sub. vtg.) | 1,121,469 | 233,490 | |
Molson Coors Brewing Co. Class B | 1,235,153 | 82,434 | |
Monster Beverage Corp. (a) | 2,741,781 | 166,947 | |
PepsiCo, Inc. | 9,464,042 | 1,060,067 | |
The Coca-Cola Co. | 25,563,223 | 1,139,353 | |
2,773,592 | |||
Food & Staples Retailing - 1.5% | |||
Costco Wholesale Corp. | 2,927,638 | 682,520 | |
Kroger Co. | 5,425,664 | 170,908 | |
Sysco Corp. | 3,199,352 | 239,376 | |
Walgreens Boots Alliance, Inc. | 5,692,599 | 390,285 | |
Walmart, Inc. | 9,656,720 | 925,693 | |
2,408,782 | |||
Food Products - 1.1% | |||
Archer Daniels Midland Co. | 3,732,516 | 188,119 | |
Campbell Soup Co. (b) | 1,284,294 | 50,665 | |
ConAgra Foods, Inc. | 2,626,719 | 96,532 | |
General Mills, Inc. | 3,957,499 | 182,085 | |
Hormel Foods Corp. (b) | 1,802,646 | 70,574 | |
Kellogg Co. | 1,666,935 | 119,669 | |
McCormick & Co., Inc. (non-vtg.) | 809,567 | 101,099 | |
Mondelez International, Inc. | 9,845,973 | 420,620 | |
The Hershey Co. | 932,676 | 93,753 | |
The J.M. Smucker Co. | 758,265 | 78,389 | |
The Kraft Heinz Co. | 3,987,566 | 232,355 | |
Tyson Foods, Inc. Class A | 1,986,461 | 124,770 | |
1,758,630 | |||
Household Products - 1.4% | |||
Church & Dwight Co., Inc. | 1,633,367 | 92,416 | |
Clorox Co. | 864,456 | 125,329 | |
Colgate-Palmolive Co. | 5,822,680 | 386,684 | |
Kimberly-Clark Corp. | 2,331,746 | 269,410 | |
Procter & Gamble Co. | 16,784,771 | 1,392,297 | |
2,266,136 | |||
Personal Products - 0.1% | |||
Coty, Inc. Class A | 3,156,164 | 39,010 | |
Estee Lauder Companies, Inc. Class A | 1,495,098 | 209,493 | |
248,503 | |||
Tobacco - 0.9% | |||
Altria Group, Inc. | 12,633,291 | 739,300 | |
Philip Morris International, Inc. | 10,376,004 | 808,187 | |
1,547,487 | |||
TOTAL CONSUMER STAPLES | 11,003,130 | ||
ENERGY - 5.8% | |||
Energy Equipment & Services - 0.7% | |||
Baker Hughes, a GE Co. Class A | 2,779,522 | 91,641 | |
Halliburton Co. | 5,847,078 | 233,240 | |
Helmerich & Payne, Inc. | 726,779 | 47,655 | |
National Oilwell Varco, Inc. | 2,549,976 | 120,027 | |
Schlumberger Ltd. | 9,245,665 | 583,956 | |
TechnipFMC PLC | 2,897,044 | 88,736 | |
1,165,255 | |||
Oil, Gas & Consumable Fuels - 5.1% | |||
Anadarko Petroleum Corp. | 3,438,176 | 221,419 | |
Andeavor | 928,030 | 141,794 | |
Apache Corp. | 2,550,850 | 111,804 | |
Cabot Oil & Gas Corp. | 3,013,651 | 71,815 | |
Chevron Corp. | 12,755,504 | 1,511,017 | |
Cimarex Energy Co. | 636,988 | 53,813 | |
Concho Resources, Inc. (a) | 1,268,795 | 174,015 | |
ConocoPhillips Co. | 7,810,109 | 573,496 | |
Devon Energy Corp. | 3,493,658 | 149,983 | |
EOG Resources, Inc. | 3,863,858 | 456,824 | |
EQT Corp. | 1,683,534 | 85,894 | |
Exxon Mobil Corp. | 28,260,544 | 2,265,648 | |
Hess Corp. | 1,747,809 | 117,697 | |
HollyFrontier Corp. | 1,178,404 | 87,815 | |
Kinder Morgan, Inc. | 12,663,817 | 224,150 | |
Marathon Oil Corp. | 5,695,009 | 122,500 | |
Marathon Petroleum Corp. | 3,083,011 | 253,701 | |
Newfield Exploration Co. (a) | 1,333,157 | 36,369 | |
Noble Energy, Inc. | 3,233,610 | 96,103 | |
Occidental Petroleum Corp. | 5,111,463 | 408,253 | |
ONEOK, Inc. | 2,743,904 | 180,851 | |
Phillips 66 Co. | 2,801,418 | 331,996 | |
Pioneer Natural Resources Co. | 1,137,589 | 198,737 | |
The Williams Companies, Inc. | 7,913,563 | 234,162 | |
Valero Energy Corp. | 2,876,375 | 339,067 | |
8,448,923 | |||
TOTAL ENERGY | 9,614,178 | ||
FINANCIALS - 13.8% | |||
Banks - 6.2% | |||
Bank of America Corp. | 62,941,887 | 1,946,793 | |
BB&T Corp. | 5,204,789 | 268,879 | |
Citigroup, Inc. | 17,020,623 | 1,212,549 | |
Citizens Financial Group, Inc. | 3,235,517 | 133,174 | |
Comerica, Inc. | 1,147,641 | 111,872 | |
Fifth Third Bancorp | 4,575,637 | 134,661 | |
Huntington Bancshares, Inc. | 7,375,724 | 119,560 | |
JPMorgan Chase & Co. | 22,726,647 | 2,604,019 | |
KeyCorp | 7,086,527 | 149,313 | |
M&T Bank Corp. | 969,438 | 171,736 | |
Peoples United Financial, Inc. | 2,322,058 | 42,981 | |
PNC Financial Services Group, Inc. | 3,133,873 | 449,836 | |
Regions Financial Corp. | 7,496,941 | 145,890 | |
SunTrust Banks, Inc. | 3,102,688 | 228,234 | |
SVB Financial Group (a) | 353,597 | 114,123 | |
U.S. Bancorp | 10,415,142 | 563,563 | |
Wells Fargo & Co. | 29,273,482 | 1,711,913 | |
Zions Bancorporation | 1,315,728 | 70,115 | |
10,179,211 | |||
Capital Markets - 2.9% | |||
Affiliated Managers Group, Inc. | 362,549 | 52,965 | |
Ameriprise Financial, Inc. | 965,282 | 137,031 | |
Bank of New York Mellon Corp. | 6,746,191 | 351,814 | |
BlackRock, Inc. Class A | 823,225 | 394,374 | |
Brighthouse Financial, Inc. (a) | 799,476 | 33,186 | |
Cboe Global Markets, Inc. | 750,863 | 75,687 | |
Charles Schwab Corp. | 8,015,084 | 407,086 | |
CME Group, Inc. | 2,272,881 | 397,140 | |
E*TRADE Financial Corp. (a) | 1,761,582 | 103,687 | |
Franklin Resources, Inc. | 2,127,452 | 67,525 | |
Goldman Sachs Group, Inc. | 2,344,754 | 557,606 | |
IntercontinentalExchange, Inc. | 3,866,306 | 294,729 | |
Invesco Ltd. | 2,741,815 | 66,078 | |
Moody's Corp. | 1,114,399 | 198,385 | |
Morgan Stanley | 9,098,599 | 444,285 | |
MSCI, Inc. | 594,229 | 107,116 | |
Northern Trust Corp. | 1,411,690 | 151,700 | |
Raymond James Financial, Inc. | 866,520 | 80,621 | |
S&P Global, Inc. | 1,677,411 | 347,308 | |
State Street Corp. | 2,439,074 | 211,980 | |
T. Rowe Price Group, Inc. | 1,616,246 | 187,307 | |
The NASDAQ OMX Group, Inc. | 780,141 | 74,457 | |
4,742,067 | |||
Consumer Finance - 0.7% | |||
American Express Co. | 4,766,571 | 505,161 | |
Capital One Financial Corp. | 3,246,911 | 321,736 | |
Discover Financial Services | 2,329,397 | 181,972 | |
Synchrony Financial | 4,735,673 | 149,979 | |
1,158,848 | |||
Diversified Financial Services - 1.7% | |||
Berkshire Hathaway, Inc. Class B (a) | 12,847,382 | 2,681,506 | |
Jefferies Financial Group, Inc. | 2,023,813 | 46,993 | |
2,728,499 | |||
Insurance - 2.3% | |||
AFLAC, Inc. | 5,167,511 | 238,946 | |
Allstate Corp. | 2,346,164 | 235,954 | |
American International Group, Inc. | 5,991,971 | 318,593 | |
Aon PLC | 1,632,107 | 237,569 | |
Arthur J. Gallagher & Co. | 1,216,660 | 87,770 | |
Assurant, Inc. | 353,741 | 36,372 | |
Chubb Ltd. | 3,109,195 | 420,488 | |
Cincinnati Financial Corp. | 997,053 | 76,444 | |
Everest Re Group Ltd. | 273,539 | 61,005 | |
Hartford Financial Services Group, Inc. | 2,390,553 | 120,412 | |
Lincoln National Corp. | 1,459,853 | 95,737 | |
Loews Corp. | 1,747,791 | 87,931 | |
Marsh & McLennan Companies, Inc. | 3,386,746 | 286,620 | |
MetLife, Inc. | 6,785,272 | 311,376 | |
Principal Financial Group, Inc. | 1,777,795 | 98,117 | |
Progressive Corp. | 3,887,318 | 262,511 | |
Prudential Financial, Inc. | 2,803,471 | 275,441 | |
The Travelers Companies, Inc. | 1,803,973 | 237,403 | |
Torchmark Corp. | 704,926 | 61,977 | |
Unum Group | 1,476,462 | 54,452 | |
Willis Group Holdings PLC | 880,022 | 129,601 | |
XL Group Ltd. | 1,724,049 | 98,943 | |
3,833,662 | |||
TOTAL FINANCIALS | 22,642,287 | ||
HEALTH CARE - 14.6% | |||
Biotechnology - 2.6% | |||
AbbVie, Inc. | 10,115,716 | 970,906 | |
Alexion Pharmaceuticals, Inc. (a) | 1,485,177 | 181,548 | |
Amgen, Inc. | 4,445,502 | 888,256 | |
Biogen, Inc. (a) | 1,408,464 | 497,878 | |
Celgene Corp. (a) | 4,718,100 | 445,625 | |
Gilead Sciences, Inc. | 8,679,150 | 657,272 | |
Incyte Corp. (a) | 1,174,348 | 86,796 | |
Regeneron Pharmaceuticals, Inc. (a) | 516,264 | 209,990 | |
Vertex Pharmaceuticals, Inc. (a) | 1,700,972 | 313,659 | |
4,251,930 | |||
Health Care Equipment & Supplies - 3.1% | |||
Abbott Laboratories | 11,702,406 | 782,189 | |
Abiomed, Inc. (a) | 282,044 | 114,673 | |
Align Technology, Inc. (a) | 481,495 | 186,093 | |
Baxter International, Inc. | 3,288,384 | 244,557 | |
Becton, Dickinson & Co. | 1,783,555 | 467,060 | |
Boston Scientific Corp. (a) | 9,210,141 | 327,513 | |
Danaher Corp. | 4,103,375 | 424,863 | |
Dentsply Sirona, Inc. | 1,518,140 | 60,604 | |
Edwards Lifesciences Corp. (a) | 1,406,936 | 202,936 | |
Hologic, Inc. (a) | 1,822,331 | 72,456 | |
IDEXX Laboratories, Inc. (a) | 579,804 | 147,293 | |
Intuitive Surgical, Inc. (a) | 756,237 | 423,493 | |
Medtronic PLC | 9,039,310 | 871,480 | |
ResMed, Inc. | 952,767 | 106,148 | |
Stryker Corp. | 2,145,264 | 363,472 | |
The Cooper Companies, Inc. | 327,218 | 83,696 | |
Varian Medical Systems, Inc. (a) | 610,789 | 68,421 | |
Zimmer Biomet Holdings, Inc. | 1,356,820 | 167,744 | |
5,114,691 | |||
Health Care Providers & Services - 3.3% | |||
Aetna, Inc. | 2,183,370 | 437,264 | |
AmerisourceBergen Corp. | 1,085,710 | 97,681 | |
Anthem, Inc. | 1,703,436 | 450,951 | |
Cardinal Health, Inc. | 2,073,800 | 108,232 | |
Centene Corp. (a) | 1,369,556 | 200,613 | |
Cigna Corp. | 1,623,797 | 305,826 | |
CVS Health Corp. | 6,786,041 | 510,582 | |
DaVita HealthCare Partners, Inc. (a) | 931,820 | 64,566 | |
Envision Healthcare Corp. (a) | 808,521 | 36,675 | |
Express Scripts Holding Co. (a) | 3,749,449 | 330,027 | |
HCA Holdings, Inc. | 1,865,239 | 250,147 | |
Henry Schein, Inc. (a)(b) | 1,028,107 | 79,863 | |
Humana, Inc. | 919,016 | 306,271 | |
Laboratory Corp. of America Holdings (a) | 682,845 | 118,043 | |
McKesson Corp. | 1,348,677 | 173,642 | |
Quest Diagnostics, Inc. | 906,568 | 99,704 | |
UnitedHealth Group, Inc. | 6,414,481 | 1,722,032 | |
Universal Health Services, Inc. Class B | 581,713 | 75,716 | |
5,367,835 | |||
Health Care Technology - 0.1% | |||
Cerner Corp. (a) | 2,104,093 | 136,997 | |
Life Sciences Tools & Services - 0.9% | |||
Agilent Technologies, Inc. | 2,135,658 | 144,242 | |
Illumina, Inc. (a) | 981,215 | 348,165 | |
Mettler-Toledo International, Inc. (a) | 169,495 | 99,063 | |
PerkinElmer, Inc. | 738,474 | 68,257 | |
Quintiles Transnational Holdings, Inc. (a) | 1,080,347 | 137,301 | |
Thermo Fisher Scientific, Inc. | 2,685,477 | 642,098 | |
Waters Corp. (a) | 522,936 | 99,086 | |
1,538,212 | |||
Pharmaceuticals - 4.6% | |||
Allergan PLC | 2,263,228 | 433,883 | |
Bristol-Myers Squibb Co. | 10,910,426 | 660,626 | |
Eli Lilly & Co. | 6,375,749 | 673,598 | |
Johnson & Johnson | 17,903,161 | 2,411,377 | |
Merck & Co., Inc. | 17,957,592 | 1,231,711 | |
Mylan NV (a) | 3,440,726 | 134,636 | |
Nektar Therapeutics (a)(b) | 1,075,451 | 71,507 | |
Perrigo Co. PLC | 859,528 | 65,762 | |
Pfizer, Inc. | 39,045,475 | 1,621,168 | |
Zoetis, Inc. Class A | 3,229,764 | 292,617 | |
7,596,885 | |||
TOTAL HEALTH CARE | 24,006,550 | ||
INDUSTRIALS - 9.6% | |||
Aerospace & Defense - 2.6% | |||
Arconic, Inc. | 2,836,126 | 63,472 | |
General Dynamics Corp. | 1,843,887 | 356,608 | |
Harris Corp. | 792,508 | 128,790 | |
Huntington Ingalls Industries, Inc. | 297,035 | 72,616 | |
L3 Technologies, Inc. | 523,843 | 111,956 | |
Lockheed Martin Corp. | 1,658,120 | 531,278 | |
Northrop Grumman Corp. | 1,164,001 | 347,443 | |
Raytheon Co. | 1,917,374 | 382,401 | |
Rockwell Collins, Inc. | 1,096,229 | 149,032 | |
Textron, Inc. | 1,709,035 | 117,975 | |
The Boeing Co. | 3,655,366 | 1,253,023 | |
TransDigm Group, Inc. (b) | 325,469 | 113,914 | |
United Technologies Corp. | 4,966,514 | 654,090 | |
4,282,598 | |||
Air Freight & Logistics - 0.7% | |||
C.H. Robinson Worldwide, Inc. | 929,411 | 89,298 | |
Expeditors International of Washington, Inc. | 1,165,977 | 85,443 | |
FedEx Corp. | 1,640,950 | 400,310 | |
United Parcel Service, Inc. Class B | 4,602,766 | 565,588 | |
1,140,639 | |||
Airlines - 0.5% | |||
Alaska Air Group, Inc. | 822,746 | 55,527 | |
American Airlines Group, Inc. | 2,781,150 | 112,581 | |
Delta Air Lines, Inc. | 4,307,726 | 251,916 | |
Southwest Airlines Co. | 3,560,533 | 218,261 | |
United Continental Holdings, Inc. (a) | 1,573,116 | 137,522 | |
775,807 | |||
Building Products - 0.3% | |||
A.O. Smith Corp. | 968,378 | 56,243 | |
Allegion PLC | 633,844 | 55,284 | |
Fortune Brands Home & Security, Inc. | 974,025 | 51,604 | |
Johnson Controls International PLC | 6,182,346 | 233,507 | |
Masco Corp. | 2,072,504 | 78,693 | |
475,331 | |||
Commercial Services & Supplies - 0.3% | |||
Cintas Corp. | 577,008 | 123,116 | |
Copart, Inc. (a) | 1,348,881 | 86,747 | |
Republic Services, Inc. | 1,488,454 | 109,193 | |
Stericycle, Inc. (a) | 571,221 | 35,239 | |
Waste Management, Inc. | 2,655,207 | 241,358 | |
595,653 | |||
Construction & Engineering - 0.1% | |||
Fluor Corp. | 938,408 | 53,874 | |
Jacobs Engineering Group, Inc. | 804,485 | 58,478 | |
Quanta Services, Inc. (a) | 998,632 | 34,543 | |
146,895 | |||
Electrical Equipment - 0.6% | |||
AMETEK, Inc. | 1,545,773 | 118,963 | |
Eaton Corp. PLC | 2,918,946 | 242,681 | |
Emerson Electric Co. | 4,205,805 | 322,711 | |
Fortive Corp. | 2,047,424 | 171,943 | |
Rockwell Automation, Inc. | 838,238 | 151,688 | |
1,007,986 | |||
Industrial Conglomerates - 1.6% | |||
3M Co. | 3,962,854 | 835,845 | |
General Electric Co. | 57,974,020 | 750,184 | |
Honeywell International, Inc. | 4,985,707 | 793,027 | |
Roper Technologies, Inc. | 688,586 | 205,453 | |
2,584,509 | |||
Machinery - 1.4% | |||
Caterpillar, Inc. | 3,990,974 | 554,147 | |
Cummins, Inc. | 1,033,856 | 146,601 | |
Deere & Co. | 2,164,580 | 311,267 | |
Dover Corp. | 1,032,464 | 88,658 | |
Flowserve Corp. | 873,307 | 45,517 | |
Illinois Tool Works, Inc. | 2,035,097 | 282,634 | |
Ingersoll-Rand PLC | 1,655,149 | 167,650 | |
PACCAR, Inc. | 2,348,322 | 160,672 | |
Parker Hannifin Corp. | 887,492 | 155,844 | |
Pentair PLC | 1,083,549 | 47,113 | |
Snap-On, Inc. | 377,769 | 66,782 | |
Stanley Black & Decker, Inc. | 1,030,007 | 144,747 | |
Xylem, Inc. | 1,200,961 | 91,165 | |
2,262,797 | |||
Professional Services - 0.3% | |||
Equifax, Inc. | 802,886 | 107,563 | |
IHS Markit Ltd. (a) | 2,376,981 | 130,734 | |
Nielsen Holdings PLC | 2,235,110 | 58,113 | |
Robert Half International, Inc. | 824,774 | 64,481 | |
Verisk Analytics, Inc. (a) | 1,036,906 | 123,485 | |
484,376 | |||
Road & Rail - 1.0% | |||
CSX Corp. | 5,842,927 | 433,311 | |
J.B. Hunt Transport Services, Inc. | 571,438 | 69,001 | |
Kansas City Southern | 684,854 | 79,416 | |
Norfolk Southern Corp. | 1,885,949 | 327,853 | |
Union Pacific Corp. | 5,176,936 | 779,750 | |
1,689,331 | |||
Trading Companies & Distributors - 0.2% | |||
Fastenal Co. | 1,920,028 | 112,053 | |
United Rentals, Inc. (a) | 558,004 | 86,976 | |
W.W. Grainger, Inc. | 340,256 | 120,474 | |
319,503 | |||
TOTAL INDUSTRIALS | 15,765,425 | ||
INFORMATION TECHNOLOGY - 26.4% | |||
Communications Equipment - 1.1% | |||
Arista Networks, Inc. (a) | 317,793 | 95,014 | |
Cisco Systems, Inc. | 31,391,407 | 1,499,568 | |
F5 Networks, Inc. (a) | 407,940 | 77,150 | |
Juniper Networks, Inc. | 2,330,565 | 66,258 | |
Motorola Solutions, Inc. | 1,082,238 | 138,916 | |
1,876,906 | |||
Electronic Equipment & Components - 0.4% | |||
Amphenol Corp. Class A | 2,012,065 | 190,301 | |
Corning, Inc. | 5,542,521 | 185,730 | |
FLIR Systems, Inc. | 915,894 | 57,463 | |
IPG Photonics Corp. (a) | 250,883 | 44,025 | |
TE Connectivity Ltd. | 2,337,154 | 214,270 | |
691,789 | |||
Internet Software & Services - 5.0% | |||
Akamai Technologies, Inc. (a) | 1,138,943 | 85,580 | |
Alphabet, Inc.: | |||
Class A (a) | 1,993,509 | 2,455,604 | |
Class C (a) | 2,026,429 | 2,468,576 | |
eBay, Inc. (a) | 6,170,301 | 213,554 | |
Facebook, Inc. Class A (a) | 16,010,527 | 2,813,530 | |
Twitter, Inc. (a) | 4,370,879 | 153,768 | |
VeriSign, Inc. (a) | 640,835 | 101,643 | |
8,292,255 | |||
IT Services - 4.6% | |||
Accenture PLC Class A | 4,292,560 | 725,743 | |
Alliance Data Systems Corp. | 321,718 | 76,755 | |
Automatic Data Processing, Inc. | 2,940,454 | 431,512 | |
Broadridge Financial Solutions, Inc. | 787,109 | 106,370 | |
Cognizant Technology Solutions Corp. Class A | 3,910,835 | 306,727 | |
DXC Technology Co. | 1,900,968 | 173,159 | |
Fidelity National Information Services, Inc. | 2,209,496 | 239,001 | |
Fiserv, Inc. (a) | 2,732,965 | 218,829 | |
FleetCor Technologies, Inc. (a) | 598,327 | 127,886 | |
Gartner, Inc. (a)(b) | 609,022 | 91,207 | |
Global Payments, Inc. | 1,064,951 | 132,672 | |
IBM Corp. | 5,698,456 | 834,710 | |
MasterCard, Inc. Class A | 6,120,067 | 1,319,242 | |
Paychex, Inc. | 2,134,340 | 156,340 | |
PayPal Holdings, Inc. (a) | 7,450,181 | 687,875 | |
The Western Union Co. | 3,075,327 | 58,185 | |
Total System Services, Inc. | 1,107,362 | 107,569 | |
Visa, Inc. Class A | 11,922,520 | 1,751,299 | |
7,545,081 | |||
Semiconductors & Semiconductor Equipment - 3.9% | |||
Advanced Micro Devices, Inc. (a)(b) | 5,499,759 | 138,429 | |
Analog Devices, Inc. | 2,475,712 | 244,724 | |
Applied Materials, Inc. | 6,728,649 | 289,466 | |
Broadcom, Inc. | 2,679,739 | 586,943 | |
Intel Corp. | 31,105,172 | 1,506,423 | |
KLA-Tencor Corp. | 1,040,434 | 120,909 | |
Lam Research Corp. | 1,094,990 | 189,532 | |
Microchip Technology, Inc. (b) | 1,568,856 | 134,969 | |
Micron Technology, Inc. (a) | 7,741,348 | 406,576 | |
NVIDIA Corp. | 4,051,682 | 1,137,226 | |
Qorvo, Inc. (a) | 844,319 | 67,622 | |
Qualcomm, Inc. | 9,896,397 | 679,981 | |
Skyworks Solutions, Inc. | 1,215,336 | 110,960 | |
Texas Instruments, Inc. | 6,534,207 | 734,445 | |
Xilinx, Inc. | 1,691,454 | 131,646 | |
6,479,851 | |||
Software - 6.3% | |||
Activision Blizzard, Inc. | 5,080,989 | 366,339 | |
Adobe Systems, Inc. (a) | 3,287,203 | 866,211 | |
ANSYS, Inc. (a) | 560,808 | 104,299 | |
Autodesk, Inc. (a) | 1,462,537 | 225,743 | |
CA Technologies, Inc. | 2,085,666 | 91,352 | |
Cadence Design Systems, Inc. (a) | 1,881,703 | 88,515 | |
Citrix Systems, Inc. (a) | 859,390 | 97,988 | |
Electronic Arts, Inc. (a) | 2,048,090 | 232,274 | |
Intuit, Inc. | 1,627,071 | 357,093 | |
Microsoft Corp. | 51,284,806 | 5,760,822 | |
Oracle Corp. | 19,891,881 | 966,348 | |
Red Hat, Inc. (a) | 1,185,955 | 175,201 | |
Salesforce.com, Inc. (a) | 4,708,055 | 718,826 | |
Symantec Corp. | 4,148,730 | 83,638 | |
Synopsys, Inc. (a) | 994,640 | 101,593 | |
Take-Two Interactive Software, Inc. (a) | 763,477 | 101,970 | |
10,338,212 | |||
Technology Hardware, Storage & Peripherals - 5.1% | |||
Apple, Inc. | 32,808,199 | 7,468,127 | |
Hewlett Packard Enterprise Co. | 10,192,618 | 168,484 | |
HP, Inc. | 10,956,058 | 270,067 | |
NetApp, Inc. | 1,788,368 | 155,248 | |
Seagate Technology LLC | 1,916,117 | 102,589 | |
Western Digital Corp. | 1,997,420 | 126,317 | |
Xerox Corp. | 1,427,970 | 39,783 | |
8,330,615 | |||
TOTAL INFORMATION TECHNOLOGY | 43,554,709 | ||
MATERIALS - 2.5% | |||
Chemicals - 1.9% | |||
Air Products & Chemicals, Inc. | 1,463,105 | 243,300 | |
Albemarle Corp. U.S. (b) | 739,334 | 70,621 | |
CF Industries Holdings, Inc. | 1,557,661 | 80,920 | |
DowDuPont, Inc. | 15,491,091 | 1,086,390 | |
Eastman Chemical Co. | 952,905 | 92,460 | |
Ecolab, Inc. | 1,733,267 | 260,822 | |
FMC Corp. | 897,871 | 76,723 | |
International Flavors & Fragrances, Inc. | 526,880 | 68,647 | |
LyondellBasell Industries NV Class A | 2,145,967 | 242,022 | |
PPG Industries, Inc. | 1,664,213 | 183,962 | |
Praxair, Inc. | 1,918,169 | 303,435 | |
Sherwin-Williams Co. | 549,482 | 250,333 | |
The Mosaic Co. | 2,341,095 | 73,206 | |
3,032,841 | |||
Construction Materials - 0.1% | |||
Martin Marietta Materials, Inc. | 420,194 | 83,501 | |
Vulcan Materials Co. | 882,327 | 97,762 | |
181,263 | |||
Containers & Packaging - 0.3% | |||
Avery Dennison Corp. | 587,600 | 61,804 | |
Ball Corp. | 2,331,153 | 97,629 | |
International Paper Co. | 2,764,028 | 141,352 | |
Packaging Corp. of America | 629,759 | 69,223 | |
Sealed Air Corp. | 1,075,725 | 43,147 | |
WestRock Co. | 1,711,800 | 94,286 | |
507,441 | |||
Metals & Mining - 0.2% | |||
Freeport-McMoRan, Inc. | 8,993,657 | 126,361 | |
Newmont Mining Corp. | 3,560,983 | 110,497 | |
Nucor Corp. | 2,123,276 | 132,705 | |
369,563 | |||
TOTAL MATERIALS | 4,091,108 | ||
REAL ESTATE - 2.7% | |||
Equity Real Estate Investment Trusts (REITs) - 2.7% | |||
Alexandria Real Estate Equities, Inc. | 687,405 | 88,228 | |
American Tower Corp. | 2,948,049 | 439,613 | |
Apartment Investment & Management Co. Class A | 1,050,301 | 46,003 | |
AvalonBay Communities, Inc. | 922,536 | 169,092 | |
Boston Properties, Inc. | 1,030,368 | 134,412 | |
Crown Castle International Corp. | 2,768,915 | 315,739 | |
Digital Realty Trust, Inc. | 1,374,722 | 170,850 | |
Duke Realty Corp. | 2,383,151 | 67,896 | |
Equinix, Inc. | 530,377 | 231,313 | |
Equity Residential (SBI) | 2,457,803 | 166,516 | |
Essex Property Trust, Inc. | 440,852 | 108,573 | |
Extra Space Storage, Inc. | 841,768 | 77,619 | |
Federal Realty Investment Trust (SBI) | 488,743 | 63,835 | |
HCP, Inc. | 3,135,848 | 84,762 | |
Host Hotels & Resorts, Inc. | 4,948,374 | 106,538 | |
Iron Mountain, Inc. | 1,878,573 | 67,816 | |
Kimco Realty Corp. | 2,836,158 | 48,527 | |
Mid-America Apartment Communities, Inc. | 759,545 | 78,658 | |
Prologis, Inc. | 4,200,531 | 282,192 | |
Public Storage | 1,000,151 | 212,612 | |
Realty Income Corp. | 1,898,262 | 111,181 | |
Regency Centers Corp. | 983,796 | 64,960 | |
SBA Communications Corp. Class A (a) | 768,859 | 119,350 | |
Simon Property Group, Inc. | 2,067,160 | 378,352 | |
SL Green Realty Corp. | 590,218 | 61,619 | |
The Macerich Co. | 724,657 | 42,566 | |
UDR, Inc. | 1,786,212 | 71,395 | |
Ventas, Inc. | 2,378,357 | 142,392 | |
Vornado Realty Trust | 1,155,122 | 88,944 | |
Welltower, Inc. | 2,482,953 | 165,638 | |
Weyerhaeuser Co. | 5,053,015 | 175,390 | |
4,382,581 | |||
Real Estate Management & Development - 0.0% | |||
CBRE Group, Inc. (a) | 2,018,288 | 98,513 | |
TOTAL REAL ESTATE | 4,481,094 | ||
TELECOMMUNICATION SERVICES - 1.9% | |||
Diversified Telecommunication Services - 1.9% | |||
AT&T, Inc. | 48,470,984 | 1,548,163 | |
CenturyLink, Inc. | 6,553,114 | 139,975 | |
Verizon Communications, Inc. | 27,580,122 | 1,499,531 | |
3,187,669 | |||
UTILITIES - 2.8% | |||
Electric Utilities - 1.8% | |||
Alliant Energy Corp. | 1,545,124 | 66,193 | |
American Electric Power Co., Inc. | 3,287,556 | 235,816 | |
Duke Energy Corp. | 4,679,173 | 380,136 | |
Edison International | 2,174,765 | 142,947 | |
Entergy Corp. | 1,206,986 | 100,892 | |
Evergy, Inc. | 1,810,355 | 103,281 | |
Eversource Energy | 2,115,191 | 132,051 | |
Exelon Corp. | 6,443,858 | 281,661 | |
FirstEnergy Corp. | 2,992,333 | 111,853 | |
NextEra Energy, Inc. | 3,146,803 | 535,271 | |
PG&E Corp. | 3,447,121 | 159,188 | |
Pinnacle West Capital Corp. | 747,144 | 58,688 | |
PPL Corp. | 4,666,150 | 138,771 | |
Southern Co. | 6,752,525 | 295,626 | |
Xcel Energy, Inc. | 3,396,585 | 163,206 | |
2,905,580 | |||
Independent Power and Renewable Electricity Producers - 0.1% | |||
NRG Energy, Inc. | 1,996,749 | 70,665 | |
The AES Corp. | 4,414,798 | 59,423 | |
130,088 | |||
Multi-Utilities - 0.9% | |||
Ameren Corp. | 1,626,374 | 102,836 | |
CenterPoint Energy, Inc. | 2,880,051 | 80,037 | |
CMS Energy Corp. | 1,885,840 | 92,859 | |
Consolidated Edison, Inc. | 2,074,102 | 163,709 | |
Dominion Resources, Inc. | 4,355,740 | 308,256 | |
DTE Energy Co. | 1,211,388 | 134,634 | |
NiSource, Inc. | 2,251,894 | 60,959 | |
Public Service Enterprise Group, Inc. | 3,372,288 | 176,539 | |
SCANA Corp. | 952,032 | 36,501 | |
Sempra Energy (b) | 1,763,103 | 204,661 | |
WEC Energy Group, Inc. | 2,106,202 | 142,337 | |
1,503,328 | |||
Water Utilities - 0.0% | |||
American Water Works Co., Inc. | 1,188,458 | 104,026 | |
TOTAL UTILITIES | 4,643,022 | ||
TOTAL COMMON STOCKS | |||
(Cost $87,707,818) | 164,200,785 | ||
Principal Amount (000s) | Value (000s) | ||
U.S. Treasury Obligations - 0.0% | |||
U.S. Treasury Bills, yield at date of purchase 2.07% 1/3/19 (c) | |||
(Cost $14,894) | 15,000 | 14,893 | |
Shares | Value (000s) | ||
Money Market Funds - 0.6% | |||
Fidelity Cash Central Fund, 1.97% (d) | 156,490,483 | $156,522 | |
Fidelity Securities Lending Cash Central Fund 1.98% (d)(e) | 764,457,982 | 764,534 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $921,039) | 921,056 | ||
TOTAL INVESTMENT IN SECURITIES - 100.3% | |||
(Cost $88,643,751) | 165,136,734 | ||
NET OTHER ASSETS (LIABILITIES) - (0.3)% | (464,871) | ||
NET ASSETS - 100% | $164,671,863 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount (000s) | Value (000s) | Unrealized Appreciation/(Depreciation) (000s) | |
Purchased | |||||
Equity Index Contracts | |||||
CME E-mini S&P 500 Index Contracts (United States) | 3,215 | Sept. 2018 | $466,513 | $11,219 | $11,219 |
The notional amount of futures purchased as a percentage of Net Assets is 0.3%
Legend
(a) Non-income producing
(b) Security or a portion of the security is on loan at period end.
(c) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $14,893,000.
(d) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
(e) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
(Amounts in thousands) | |
Fidelity Cash Central Fund | $2,732 |
Fidelity Securities Lending Cash Central Fund | 949 |
Total | $3,681 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations if applicable.
Investment Valuation
The following is a summary of the inputs used, as of August 31, 2018, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
(Amounts in thousands) | ||||
Investments in Securities: | ||||
Equities: | ||||
Consumer Discretionary | $21,211,613 | $21,211,613 | $-- | $-- |
Consumer Staples | 11,003,130 | 11,003,130 | -- | -- |
Energy | 9,614,178 | 9,614,178 | -- | -- |
Financials | 22,642,287 | 22,642,287 | -- | -- |
Health Care | 24,006,550 | 24,006,550 | -- | -- |
Industrials | 15,765,425 | 15,765,425 | -- | -- |
Information Technology | 43,554,709 | 43,554,709 | -- | -- |
Materials | 4,091,108 | 4,091,108 | -- | -- |
Real Estate | 4,481,094 | 4,481,094 | -- | -- |
Telecommunication Services | 3,187,669 | 3,187,669 | -- | -- |
Utilities | 4,643,022 | 4,643,022 | -- | -- |
U.S. Government and Government Agency Obligations | 14,893 | -- | 14,893 | -- |
Money Market Funds | 921,056 | 921,056 | -- | -- |
Total Investments in Securities: | $165,136,734 | $165,121,841 | $14,893 | $-- |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | $11,219 | $11,219 | $-- | $-- |
Total Assets | $11,219 | $11,219 | $-- | $-- |
Total Derivative Instruments: | $11,219 | $11,219 | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of August 31, 2018. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
(Amounts in thousands) | ||
Equity Risk | ||
Futures Contracts(a) | $11,219 | $0 |
Total Equity Risk | 11,219 | 0 |
Total Value of Derivatives | $11,219 | $0 |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in net unrealized appreciation (depreciation).
See accompanying notes which are an integral part of the financial statements.
Financial Statements
Statement of Assets and Liabilities
Amounts in thousands (except per-share amounts) | August 31, 2018 (Unaudited) | |
Assets | ||
Investment in securities, at value (including securities loaned of $750,847) — See accompanying schedule: Unaffiliated issuers (cost $87,722,712) | $164,215,678 | |
Fidelity Central Funds (cost $921,039) | 921,056 | |
Total Investment in Securities (cost $88,643,751) | $165,136,734 | |
Segregated cash with brokers for derivative instruments | 1,946 | |
Cash | 264 | |
Receivable for investments sold | 466,062 | |
Receivable for fund shares sold | 234,358 | |
Dividends receivable | 305,471 | |
Distributions receivable from Fidelity Central Funds | 314 | |
Receivable for daily variation margin on futures contracts | 2 | |
Other receivables | 3,568 | |
Total assets | 166,148,719 | |
Liabilities | ||
Payable for investments purchased | $50,043 | |
Payable for fund shares redeemed | 656,885 | |
Accrued management fee | 2,022 | |
Other payables and accrued expenses | 3,543 | |
Collateral on securities loaned | 764,363 | |
Total liabilities | 1,476,856 | |
Net Assets | $164,671,863 | |
Net Assets consist of: | ||
Paid in capital | $87,310,136 | |
Undistributed net investment income | 544,391 | |
Accumulated undistributed net realized gain (loss) on investments | 313,134 | |
Net unrealized appreciation (depreciation) on investments | 76,504,202 | |
Net Assets | $164,671,863 | |
Investor Class: | ||
Net Asset Value, offering price and redemption price per share ($3,884,526 ÷ 38,203 shares) | $101.68 | |
Premium Class: | ||
Net Asset Value, offering price and redemption price per share ($82,816,711 ÷ 814,327 shares) | $101.70 | |
Institutional Class: | ||
Net Asset Value, offering price and redemption price per share ($36,462,914 ÷ 358,525 shares) | $101.70 | |
Institutional Premium Class: | ||
Net Asset Value, offering price and redemption price per share ($41,507,712 ÷ 408,140 shares) | $101.70 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
Amounts in thousands | Six months ended August 31, 2018 (Unaudited) | |
Investment Income | ||
Dividends | $1,460,826 | |
Interest | 140 | |
Income from Fidelity Central Funds | 3,681 | |
Total income | 1,464,647 | |
Expenses | ||
Management fee | $11,447 | |
Transfer agent fees | 9,786 | |
Independent trustees' fees and expenses | 377 | |
Legal | 29 | |
Commitment fees | 203 | |
Total expenses before reductions | 21,842 | |
Expense reductions | (8) | |
Total expenses after reductions | 21,834 | |
Net investment income (loss) | 1,442,813 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | 685,106 | |
Redemptions in-kind with affiliated entities | 176,347 | |
Fidelity Central Funds | 26 | |
Futures contracts | 39,986 | |
Total net realized gain (loss) | 901,465 | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | 9,756,644 | |
Fidelity Central Funds | (28) | |
Futures contracts | (9,440) | |
Total change in net unrealized appreciation (depreciation) | 9,747,176 | |
Net gain (loss) | 10,648,641 | |
Net increase (decrease) in net assets resulting from operations | $12,091,454 |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
Amounts in thousands | Six months ended August 31, 2018 (Unaudited) | Year ended February 28, 2018 |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net investment income (loss) | $1,442,813 | $2,476,977 |
Net realized gain (loss) | 901,465 | 1,319,749 |
Change in net unrealized appreciation (depreciation) | 9,747,176 | 16,399,139 |
Net increase (decrease) in net assets resulting from operations | 12,091,454 | 20,195,865 |
Distributions to shareholders from net investment income | (1,338,756) | (2,396,654) |
Distributions to shareholders from net realized gain | (136,220) | (218,567) |
Total distributions | (1,474,976) | (2,615,221) |
Share transactions - net increase (decrease) | 6,535,174 | 13,154,359 |
Total increase (decrease) in net assets | 17,151,652 | 30,735,003 |
Net Assets | ||
Beginning of period | 147,520,211 | 116,785,208 |
End of period | $164,671,863 | $147,520,211 |
Other Information | ||
Undistributed net investment income end of period | $544,391 | $440,334 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity 500 Index Fund Investor Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016 A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $95.13 | $82.98 | $68.13 | $74.71 | $66.10 | $53.81 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .88 | 1.66 | 1.54 | 1.45 | 1.44 | 1.19 |
Net realized and unrealized gain (loss) | 6.57 | 12.27 | 15.23 | (6.05) | 8.64 | 12.26 |
Total from investment operations | 7.45 | 13.93 | 16.77 | (4.60) | 10.08 | 13.45 |
Distributions from net investment income | (.82) | (1.62) | (1.52) | (1.52) | (1.31) | (1.16) |
Distributions from net realized gain | (.09) | (.15) | (.40) | (.46) | (.16) | – |
Total distributions | (.90)C | (1.78)D | (1.92) | (1.98) | (1.47) | (1.16) |
Net asset value, end of period | $101.68 | $95.13 | $82.98 | $68.13 | $74.71 | $66.10 |
Total ReturnE,F | 7.92% | 16.99% | 24.88% | (6.26)% | 15.40% | 25.27% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .08%I | .09% | .09% | .10% | .10% | .10% |
Expenses net of fee waivers, if any | .08%I | .09% | .09% | .10% | .10% | .10% |
Expenses net of all reductions | .08%I | .09% | .09% | .10% | .10% | .10% |
Net investment income (loss) | 1.84%I | 1.88% | 2.04% | 2.02% | 2.06% | 1.98% |
Supplemental Data | ||||||
Net assets, end of period (in millions) | $3,885 | $3,887 | $3,823 | $7,635 | $7,315 | $5,751 |
Portfolio turnover rateJ | 3%I,K | 4%K | 5% | 5% | 4% | 4% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $.90 per share is comprised of distributions from net investment income of $.816 and distributions from net realized gain of $.087 per share.
D Total distributions of $1.78 per share is comprised of distributions from net investment income of $1.624 and distributions from net realized gain of $.153 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from brokerage service arrangements or reductions from other expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from brokerage service arrangements or other expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
K Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity 500 Index Fund Premium Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016 A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $95.15 | $82.99 | $68.15 | $74.72 | $66.11 | $53.82 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .91 | 1.71 | 1.58 | 1.48 | 1.48 | 1.22 |
Net realized and unrealized gain (loss) | 6.57 | 12.27 | 15.21 | (6.04) | 8.63 | 12.26 |
Total from investment operations | 7.48 | 13.98 | 16.79 | (4.56) | 10.11 | 13.48 |
Distributions from net investment income | (.84) | (1.67) | (1.55) | (1.55) | (1.34) | (1.19) |
Distributions from net realized gain | (.09) | (.15) | (.40) | (.46) | (.16) | – |
Total distributions | (.93) | (1.82) | (1.95) | (2.01) | (1.50) | (1.19) |
Net asset value, end of period | $101.70 | $95.15 | $82.99 | $68.15 | $74.72 | $66.11 |
Total ReturnC,D | 7.95% | 17.06% | 24.91% | (6.21)% | 15.45% | 25.32% |
Ratios to Average Net AssetsE,F | ||||||
Expenses before reductions | .03%G | .04% | .05% | .07% | .07% | .07% |
Expenses net of fee waivers, if any | .03%G | .04% | .05% | .05% | .05% | .05% |
Expenses net of all reductions | .03%G | .04% | .05% | .05% | .05% | .05% |
Net investment income (loss) | 1.88%G | 1.94% | 2.08% | 2.06% | 2.11% | 2.02% |
Supplemental Data | ||||||
Net assets, end of period (in millions) | $82,817 | $76,947 | $66,051 | $49,215 | $49,784 | $38,736 |
Portfolio turnover rateH | 3%G,I | 4%I | 5% | 5% | 4% | 4% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total returns for periods of less than one year are not annualized.
D Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
E Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
F Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from brokerage service arrangements or reductions from other expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from brokerage service arrangements or other expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
G Annualized
H Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
I Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity 500 Index Fund Institutional Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016 A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $95.16 | $83.00 | $68.15 | $74.73 | $66.11 | $53.82 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .91 | 1.71 | 1.59 | 1.49 | 1.48 | 1.22 |
Net realized and unrealized gain (loss) | 6.56 | 12.28 | 15.22 | (6.05) | 8.64 | 12.26 |
Total from investment operations | 7.47 | 13.99 | 16.81 | (4.56) | 10.12 | 13.48 |
Distributions from net investment income | (.85) | (1.67) | (1.56) | (1.56) | (1.35) | (1.19) |
Distributions from net realized gain | (.09) | (.15) | (.40) | (.46) | (.16) | – |
Total distributions | (.93)C | (1.83)D | (1.96) | (2.02) | (1.50)E | (1.19) |
Net asset value, end of period | $101.70 | $95.16 | $83.00 | $68.15 | $74.73 | $66.11 |
Total ReturnF,G | 7.94% | 17.07% | 24.94% | (6.21)% | 15.47% | 25.33% |
Ratios to Average Net AssetsH,I | ||||||
Expenses before reductions | .03%J | .03% | .04% | .05% | .05% | .05% |
Expenses net of fee waivers, if any | .03%J | .03% | .04% | .04% | .04% | .04% |
Expenses net of all reductions | .03%J | .03% | .04% | .04% | .04% | .04% |
Net investment income (loss) | 1.89%J | 1.94% | 2.09% | 2.07% | 2.12% | 2.03% |
Supplemental Data | ||||||
Net assets, end of period (in millions) | $36,463 | $34,461 | $32,087 | $23,860 | $25,621 | $22,636 |
Portfolio turnover rateK | 3%J,L | 4%L | 5% | 5% | 4% | 4% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $.93 per share is comprised of distributions from net investment income of $.845 and distributions from net realized gain of $.087 per share.
D Total distributions of $1.83 per share is comprised of distributions from net investment income of $1.673 and distributions from net realized gain of $.153 per share.
E Total distributions of $1.50 per share is comprised of distributions from net investment income of $1.347 and distributions from net realized gain of $.157 per share.
F Total returns for periods of less than one year are not annualized.
G Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
H Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
I Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from brokerage service arrangements or reductions from other expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from brokerage service arrangements or other expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
J Annualized
K Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
L Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity 500 Index Fund Institutional Premium Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016 A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $95.15 | $83.00 | $68.15 | $74.73 | $66.11 | $53.83 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .91 | 1.74 | 1.61 | 1.50 | 1.50 | 1.24 |
Net realized and unrealized gain (loss) | 6.58 | 12.25 | 15.21 | (6.05) | 8.64 | 12.24 |
Total from investment operations | 7.49 | 13.99 | 16.82 | (4.55) | 10.14 | 13.48 |
Distributions from net investment income | (.85) | (1.69) | (1.58) | (1.57) | (1.36) | (1.20) |
Distributions from net realized gain | (.09) | (.15) | (.40) | (.46) | (.16) | – |
Total distributions | (.94) | (1.84) | (1.97)C | (2.03) | (1.52) | (1.20) |
Net asset value, end of period | $101.70 | $95.15 | $83.00 | $68.15 | $74.73 | $66.11 |
Total ReturnD,E | 7.96% | 17.08% | 24.97% | (6.19)% | 15.50% | 25.34% |
Ratios to Average Net AssetsF,G | ||||||
Expenses before reductions | .02%H | .02% | .02% | .03% | .03% | .03% |
Expenses net of fee waivers, if any | .02%H | .02% | .02% | .02% | .02% | .02% |
Expenses net of all reductions | .02%H | .02% | .02% | .02% | .02% | .02% |
Net investment income (loss) | 1.90%H | 1.96% | 2.11% | 2.09% | 2.14% | 2.05% |
Supplemental Data | ||||||
Net assets, end of period (in millions) | $41,508 | $32,225 | $14,824 | $6,722 | $6,217 | $3,506 |
Portfolio turnover rateI | 3%H,J | 4%J | 5% | 5% | 4% | 4% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $1.97 per share is comprised of distributions from net investment income of $1.576 and distributions from net realized gain of $.398 per share.
D Total returns for periods of less than one year are not annualized.
E Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
F Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
G Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from brokerage service arrangements or reductions from other expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from brokerage service arrangements or other expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
H Annualized
I Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
J Portfolio turnover rate excludes securities received or delivered in-kind
See accompanying notes which are an integral part of the financial statements.
Notes to Financial Statements (Unaudited)
For the period ended August 31, 2018
(Amounts in thousands except percentages)
1. Organization.
Fidelity 500 Index Fund (the Fund) is a fund of Fidelity Concord Street Trust (the Trust) and is authorized to issue an unlimited number of shares. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Massachusetts business trust. The Fund offers Investor Class, Premium Class, Institutional Class and Institutional Premium Class shares, each of which has equal rights as to assets and voting privileges. Each class has exclusive voting rights with respect to matters that affect that class. The Fund offers conversion privileges between share classes to eligible shareholders.
2. Investments in Fidelity Central Funds.
The Fund invests in Fidelity Central Funds, which are open-end investment companies generally available only to other investment companies and accounts managed by the investment adviser and its affiliates. The Fund's Schedule of Investments lists each of the Fidelity Central Funds held as of period end, if any, as an investment of the Fund, but does not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, the Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.
The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of the investment adviser. Annualized expenses of the Money Market Central Funds as of their most recent shareholder report date are less than .005%.
A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds are available on the SEC website or upon request.
3. Significant Accounting Policies.
The Fund is an investment company and applies the accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services – Investments Companies. The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Subsequent events, if any, through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the Fund:
Investment Valuation. Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee.
The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:
- Level 1 – quoted prices in active markets for identical investments
- Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
- Level 3 – unobservable inputs (including the Fund's own assumptions based on the best information available)
Valuation techniques used to value the Fund's investments by major category are as follows:
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. Utilizing these techniques may result in transfers between Level 1 and Level 2. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. U.S. government and government agency obligations are valued by pricing vendors who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy. Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. The aggregate value of investments by input level as of August 31, 2018, is included at the end of the Fund's Schedule of Investments.
Investment Transactions and Income. For financial reporting purposes, the Fund's investment holdings and NAV include trades executed through the end of the last business day of the period. The NAV per share for processing shareholder transactions is calculated as of the close of business of the New York Stock Exchange (NYSE), normally 4:00 p.m. Eastern time and includes trades executed through the end of the prior business day. Gains and losses on securities sold are determined on the basis of identified cost and include proceeds received from litigation. Dividend income is recorded on the ex-dividend date, except for certain dividends from foreign securities where the ex-dividend date may have passed, which are recorded as soon as the Fund is informed of the ex-dividend date. Non-cash dividends included in dividend income, if any, are recorded at the fair market value of the securities received. Income and capital gain distributions from Fidelity Central Funds, if any, are recorded on the ex-dividend date. Certain distributions received by the Fund represent a return of capital or capital gain. The Fund determines the components of these distributions subsequent to the ex-dividend date, based upon receipt of tax filings or other correspondence relating to the underlying investment. These distributions are recorded as a reduction of cost of investments and/or as a realized gain. Interest income is accrued as earned and includes coupon interest and amortization of premium and accretion of discount on debt securities as applicable.
Class Allocations and Expenses. Investment income, realized and unrealized capital gains and losses, common expenses of the Fund, and certain fund-level expense reductions, if any, are allocated daily on a pro-rata basis to each class based on the relative net assets of each class to the total net assets of the Fund. Each class differs with respect to transfer agent fees incurred. Certain expense reductions may also differ by class. For the reporting period, the allocated portion of income and expenses to each class as a percent of its average net assets may vary due to the timing of recording these transactions in relation to fluctuating net assets of the classes. Expenses directly attributable to a fund are charged to that fund. Expenses attributable to more than one fund are allocated among the respective funds on the basis of relative net assets or other appropriate methods. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.
Deferred Trustee Compensation. Under a Deferred Compensation Plan (the Plan), certain independent Trustees have elected to defer receipt of a portion of their annual compensation. Deferred amounts are invested in a cross-section of Fidelity funds, are marked-to-market and remain in the Fund until distributed in accordance with the Plan. The investment of deferred amounts and the offsetting payable to the Trustees of $3,542 are included in the accompanying Statement of Assets and Liabilities in other receivables and other payables and accrued expenses, respectively.
Income Tax Information and Distributions to Shareholders. Each year, the Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code, including distributing substantially all of its taxable income and realized gains. As a result, no provision for U.S. Federal income taxes is required. The Fund files a U.S. federal tax return, in addition to state and local tax returns as required. The Fund's federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction.
Distributions are declared and recorded on the ex-dividend date. Income and capital gain distributions are declared separately for each class. Income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP.
Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Capital accounts are not adjusted for temporary book-tax differences which will reverse in a subsequent period.
Book-tax differences are primarily due to futures contracts, market discount, redemptions in kind, deferred trustees compensation and losses deferred due to wash sales.
As of period end, the cost and unrealized appreciation (depreciation) in securities, and derivatives if applicable, for federal income tax purposes were as follows:
Gross unrealized appreciation | $79,878,279 |
Gross unrealized depreciation | (4,012,026) |
Net unrealized appreciation (depreciation) | $75,866,253 |
Tax cost | $89,281,700 |
4. Derivative Instruments.
Risk Exposures and the Use of Derivative Instruments. The Fund's investment objective allows the Fund to enter into various types of derivative contracts, including futures contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.
The Fund used derivatives to increase returns and to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.
The Fund's use of derivatives increased or decreased its exposure to the following risk:
Equity Risk | Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment. |
The Fund is also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Fund will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Fund. Counterparty credit risk related to exchange-traded futures contracts may be mitigated by the protection provided by the exchange on which they trade.
Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received and amounts recognized in the Statement of Assets and Liabilities. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.
Futures Contracts. A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a fixed price at a specified future date. The Fund used futures contracts to manage its exposure to the stock market.
Upon entering into a futures contract, a fund is required to deposit either cash or securities (initial margin) with a clearing broker in an amount equal to a certain percentage of the face value of the contract. Futures contracts are marked-to-market daily and subsequent daily payments (variation margin) are made or received by a fund depending on the daily fluctuations in the value of the futures contracts and are recorded as unrealized appreciation or (depreciation). This receivable and/or payable, if any, is included in daily variation margin on futures contracts in the Statement of Assets and Liabilities. Realized gain or (loss) is recorded upon the expiration or closing of a futures contract. The net realized gain (loss) and change in net unrealized appreciation (depreciation) on futures contracts during the period is presented in the Statement of Operations.
Any open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The notional amount at value reflects each contract's exposure to the underlying instrument or index at period end and is representative of volume of activity during the period. Securities deposited to meet initial margin requirements are identified in the Schedule of Investments. Cash deposited to meet initial margin requirements is presented as segregated cash with brokers for derivative instruments in the Statement of Assets and Liabilities.
5. Purchases and Sales of Investments.
Purchases and sales of securities, other than short-term securities and in-kind transactions, aggregated $10,239,318 and $2,354,676, respectively.
Redemptions In-Kind. During the period, 4,681 shares of the Fund held by an unaffiliated entity were redeemed in-kind for investments and cash with a value of $476,075. The net realized gain of $358,360 on investments delivered through the in-kind redemptions is included in the accompanying Statement of Operations. The amount of the redemptions is included in share transactions activity shown in the accompanying Statement of Changes in Net Assets as well as the Notes to Financial Statements. The Fund recognized no gain or loss for federal income tax purposes.
Exchanges In-Kind. Investments and cash received in-kind through subscriptions totaled $44,133 in exchange for 473 shares of the Fund. The amount of in-kind exchanges is included in share transactions in the accompanying Statement of Changes in Net Assets as well as the Notes to Financial Statements. The Fund recognized no gain or loss for federal income tax purposes.
Prior Fiscal Year Redemptions In-Kind. During the prior period, 18,388 shares of the Fund held by unaffiliated entities were redeemed in-kind for investments and cash with a value of $1,534,318. The Fund had a net realized gain of $1,107,402 on investments delivered through in-kind redemptions. The amount of the in-kind redemptions is included in share transactions in the accompanying Notes to Financial Statements. The Fund recognized no gain or loss for federal income tax purposes.
Prior Fiscal Year Exchanges In-Kind. During the prior period, investments and cash received in-kind through subscriptions totaled $605,912 in exchange for 6,640 shares of the Fund. The amount of in-kind exchanges is included in shares transactions in the accompanying Notes to Financials. The Fund recognized no gain or loss for federal income tax purposes.
6. Fees and Other Transactions with Affiliates.
Management Fee and Expense Contract. Fidelity Management & Research Company (the investment adviser) and its affiliates provide the Fund with investment management related services for which the Fund pays a monthly management fee. The management fee is based on an annual rate of .015% of the Fund's average net assets. Under the management contract, the investment adviser pays all other fund-level expenses, except the compensation of the independent Trustees and certain other expenses such as interest expense, including commitment fees.
Effective August 1, 2018, the Board approved an amendment to the expense contract. Under the expense contract, the investment adviser pays class-level expenses as necessary so that the total expenses do not exceed .015% of each class' average net assets on an annual basis with certain exceptions.
Prior to August 1, 2018, the investment adviser paid class-level expenses as necessary so that the total expenses did not exceed .09%, .035%, .030% and .015% for Investor Class, Premium Class, Institutional Class and Institutional Premium Class, respectively.
Sub-Adviser. Geode Capital Management, LLC (Geode), serves as sub-adviser for the Fund. Geode provides discretionary investment advisory services to the Fund and is paid by the investment adviser for providing these services.
Transfer Agent Fees. Fidelity Investments Institutional Operations Company, Inc. (FIIOC), an affiliate of the investment adviser, is the transfer, dividend disbursing and shareholder servicing agent for each class. FIIOC receives transfer agent fees at an annual rate of .075%, .045%, .035% and .015% of class-level average net assets for Investor Class, Premium Class, Institutional Class and Institutional Premium Class, respectively. FIIOC pays for typesetting, printing and mailing of shareholder reports, except proxy statements.
Effective August 1, 2018, under the amended expense contract, Investor Class, Premium Class, Institutional Class and Institutional Premium Class pay no transfer agent fees. Prior to August 1, 2018, Investor Class, Premium Class and Institutional Class paid all or a portion of the transfer agent fees at an annual rate of .075%, .02% and .015% of class-level average net assets, respectively, and Institutional Premium Class did not pay transfer agent fees.
For the period, the total transfer agent fees paid by each applicable class were as follows:
Amount | % of Class-Level Average Net Assets | |
Investor Class | $1,186 | .062 |
Premium Class | 6,458 | .017 |
Institutional Class | 2,142 | .012 |
$9,786 |
Interfund Trades. The Fund may purchase from or sell securities to other Fidelity Funds under procedures adopted by the Board. The procedures have been designed to ensure these interfund trades are executed in accordance with Rule 17a-7 of the 1940 Act. Interfund trades are included within the respective purchases and sales amounts shown in the Purchases and Sales of Investments note.
Redemptions In-Kind. During the period, 2,548 shares of the Fund held by an affiliated entity were redeemed in-kind for investments and cash with a value of $236,624. The net realized gain of $176,347 on investments delivered through in-kind redemptions is included in the accompanying Statement of Operations. The amount of in-kind redemptions is included in share transactions in the accompanying Statement of Changes in Net Assets as well as the Notes to Financial Statements. The Fund recognized no gain or loss for federal income tax purposes.
7. Committed Line of Credit.
The Fund participates with other funds managed by the investment adviser or an affiliate in a $4.25 billion credit facility (the "line of credit") to be utilized for temporary or emergency purposes to fund shareholder redemptions or for other short-term liquidity purposes. The Fund has agreed to pay commitment fees on its pro-rata portion of the line of credit, which amounted to $203 and is reflected in Commitment fees on the Statement of Operations. During the period, the Fund did not borrow on this line of credit.
8. Security Lending.
The Fund lends portfolio securities through a lending agent from time to time in order to earn additional income. On the settlement date of the loan, the Fund receives collateral (in the form of U.S. Treasury obligations, letters of credit and/or cash) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of the loaned securities during the period of the loan. The market value of the loaned securities is determined at the close of business of the Fund and any additional required collateral is delivered to the Fund on the next business day. The Fund or borrower may terminate the loan at any time, and if the borrower defaults on its obligation to return the securities loaned because of insolvency or other reasons, the Fund may apply collateral received from the borrower against the obligation. The Fund may experience delays and costs in recovering the securities loaned. Any cash collateral received is invested in the Fidelity Securities Lending Cash Central Fund. The value of loaned securities and cash collateral at period end are disclosed on the Fund's Statement of Assets and Liabilities. Security lending income represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium payments received for lending certain types of securities. Security lending income is presented in the Statement of Operations as a component of income from Fidelity Central Funds. Total security lending income during the period amounted to $949. During the period, there were no securities loaned to FCM.
9. Expense Reductions.
Through arrangements with the Fund's custodian, credits realized as a result of certain uninvested cash balances were used to reduce the Fund's expenses. During the period, these credits reduced the Fund's miscellaneous expense by $8.
10. Distributions to Shareholders.
Distributions to shareholders of each class were as follows:
Six months ended August 31, 2018 | Year ended February 28, 2018 | |
From net investment income | ||
Investor Class | $32,311 | $71,890 |
Premium Class | 684,386 | 1,329,438 |
Institutional Class | 303,334 | 638,829 |
Institutional Premium Class | 318,725 | 356,497 |
Total | $1,338,756 | $2,396,654 |
From net realized gain | ||
Investor Class | $3,521 | $6,999 |
Premium Class | 70,474 | 122,417 |
Institutional Class | 31,561 | 58,190 |
Institutional Premium Class | 30,664 | 30,961 |
Total | $136,220 | $218,567 |
11. Share Transactions.
Share transactions for each class were as follows and may contain automatic conversions between classes or exchanges between affiliated funds:
Shares | Shares | Dollars | Dollars | |
Six months ended August 31, 2018 | Year ended February 28, 2018 | Six months ended August 31, 2018 | Year ended February 28, 2018 | |
Investor Class | ||||
Shares sold | 7,669 | 27,506 | $735,748 | $2,422,971 |
Reinvestment of distributions | 354 | 837 | 33,089 | 72,968 |
Shares redeemed | (10,683) | (33,550) | (1,027,493) | (2,964,308) |
Net increase (decrease) | (2,660) | (5,207) | $(258,656) | $(468,369) |
Premium Class | ||||
Shares sold | 69,559 | 175,324 | $6,676,719 | $15,578,782 |
Reinvestment of distributions | 7,515 | 15,466 | 702,793 | 1,350,249 |
Shares redeemed | (71,421) | (177,971)(a) | (6,871,805) | (15,733,233)(a) |
Net increase (decrease) | 5,653 | 12,819 | $507,707 | $1,195,798 |
Institutional Class | ||||
Shares sold | 53,683(b) | 127,928(c) | $5,154,646(b) | $11,322,826(c) |
Reinvestment of distributions | 3,490 | 7,812 | 326,314 | 681,273 |
Shares redeemed | (60,800)(d) | (160,189)(a) | (5,812,847)(d) | (14,275,460)(a) |
Net increase (decrease) | (3,627) | (24,449) | $(331,887) | $(2,271,361) |
Institutional Premium Class | ||||
Shares sold | 98,939 | 209,698(c) | $9,490,311 | $19,094,587(c) |
Reinvestment of distributions | 3,684 | 4,399 | 344,974 | 386,209 |
Shares redeemed | (33,147)(d) | (54,039) | (3,217,275)(d) | (4,782,505) |
Net increase (decrease) | 69,476 | 160,058 | $6,618,010 | $14,698,291 |
(a) Amount includes in-kind redemptions (see the Prior Fiscal Year Redemptions In-Kind note for additional details).
(b) Amount includes in-kind exchanges (see the Exchanges In-Kind note for additional details).
(c) Amount includes in-kind exchanges (see the Prior Fiscal Year Exchange In-Kind note for additional details).
(d) Amount includes in-kind redemptions (see the Redemptions In-Kind note for additional details).
12. Other.
The Fund's organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the Fund. In the normal course of business, the Fund may also enter into contracts that provide general indemnifications. The Fund's maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against the Fund. The risk of material loss from such claims is considered remote.
Shareholder Expense Example
As a shareholder of the Fund, you incur two types of costs: (1) transaction costs, and (2) ongoing costs, including management fees and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in the Fund and to compare these costs with the ongoing costs of investing in other mutual funds.
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (March 1, 2018 to August 31, 2018).
Actual Expenses
The first line of the accompanying table for each class of the Fund provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000.00 (for example, an $8,600 account value divided by $1,000.00 = 8.6), then multiply the result by the number in the first line for a class of the Fund under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee, which was eliminated effective August 1, 2018, is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, the Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Hypothetical Example for Comparison Purposes
The second line of the accompanying table for each class of the Fund provides information about hypothetical account values and hypothetical expenses based on a Class' actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Class' actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee, which was eliminated effective August 1, 2018, is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, the Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds.
Annualized Expense Ratio-A | Beginning Account Value March 1, 2018 | Ending Account Value August 31, 2018 | Expenses Paid During Period-B March 1, 2018 to August 31, 2018 | |
Investor Class | .08% | |||
Actual | $1,000.00 | $1,079.20 | $.42** | |
Hypothetical-C | $1,000.00 | $1,024.80 | $.41** | |
Premium Class | .03% | |||
Actual | $1,000.00 | $1,079.50 | $.16 | |
Hypothetical-C | $1,000.00 | $1,025.05 | $.15 | |
Institutional Class | .03% | |||
Actual | $1,000.00 | $1,079.40 | $.16 | |
Hypothetical-C | $1,000.00 | $1,025.05 | $.15 | |
Institutional Premium Class | .02% | |||
Actual | $1,000.00 | $1,079.60 | $.10 | |
Hypothetical-C | $1,000.00 | $1,025.10 | $.10 |
A Annualized expense ratio reflects expenses net of applicable fee waivers.
B Expenses are equal to each Class' annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period).
C 5% return per year before expenses
** If fees and changes to the class level expense contract and/ or expense cap, effective August 1, 2018, had been in effect for the entire current period, the restated annualized expense ratio would have been .02% and the expenses paid in the actual and hypothetical examples above would have been $.10 and $.10, respectively.
Board Approval of Investment Advisory Contracts
Fidelity 500 Index Fund
At its July 2018 meeting, the Board of Trustees, including the Independent Trustees (together, the Board), voted to continue the management contract with Fidelity Management & Research Company (FMR) and the sub-advisory agreement with Geode Capital Management, LLC (Geode) (together, the Advisory Contracts) for the fund for six months through January 31, 2019, in connection with the reunification of the Fidelity Equity High Income Funds Board, which oversees the fund, and the Sector Portfolios Board.
The Board considered that the approval of the fund's Advisory Contracts will not result in any changes in (i) the investment process or strategies employed in the management of the fund's assets; (ii) the fees and expenses paid by shareholders; (iii) the nature, extent or quality of services provided under the fund's Advisory Contracts; or (iv) the day-to-day management of the fund or the persons primarily responsible for such management.
The Board considered that the contractual arrangements for the fund that oblige FMR to pay all "class-level" expenses of each class of the fund to the extent necessary to limit total expenses, with certain exceptions, were being set at 0.015% for all classes.
The Board concluded that the fund's Advisory Contracts are fair and reasonable, and that the fund's Advisory Contracts should be renewed, without modification, through January 31, 2019, with the understanding that the Board will consider the annual renewal for a full one year period in January 2019.
In connection with its consideration of future renewals of the fund's Advisory Contracts, the Board will consider: (i) the nature, extent and quality of services provided to the fund, including shareholder and administrative services and investment performance; (ii) the competitiveness of the management fee and total expenses for the fund; (iii) the costs of the services and profitability, including the revenues earned and the expenses incurred in conducting the business of developing, marketing, distributing, managing, administering, and servicing the fund and its shareholders, to the extent applicable, as well as potential fall-out benefits from Fidelity's non-fund businesses; and (iv) whether there have been economies of scale in respect of the Fidelity funds, whether the Fidelity funds (including the fund) have appropriately benefited from any such economies of scale, and whether there is the potential for realization of any further economies.
Based on its evaluation of all of the conclusions noted above, and after considering all factors it believed relevant, the Board ultimately concluded that the fund's management fee structure is fair and reasonable, and that the continuation of the fund's Advisory Contracts should be approved.
UEI-SANN-1018
1.536672.121
Fidelity® Total Market Index Fund Semi-Annual Report August 31, 2018 |
Contents
To view a fund's proxy voting guidelines and proxy voting record for the 12-month period ended June 30, visit http://www.fidelity.com/proxyvotingresults or visit the Securities and Exchange Commission's (SEC) web site at http://www.sec.gov.
You may also call 1-800-835-5092 to request a free copy of the proxy voting guidelines.
Standard & Poor's, S&P and S&P 500 are registered service marks of The McGraw-Hill Companies, Inc. and have been licensed for use by Fidelity Distributors Corporation.
Other third-party marks appearing herein are the property of their respective owners.
All other marks appearing herein are registered or unregistered trademarks or service marks of FMR LLC or an affiliated company. © 2018 FMR LLC. All rights reserved.
This report and the financial statements contained herein are submitted for the general information of the shareholders of the Fund. This report is not authorized for distribution to prospective investors in the Fund unless preceded or accompanied by an effective prospectus.
A fund files its complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. Forms N-Q are available on the SEC’s web site at http://www.sec.gov. A fund's Forms N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information regarding the operation of the SEC's Public Reference Room may be obtained by calling 1-800-SEC-0330.
For a complete list of a fund's portfolio holdings, view the most recent holdings listing, semiannual report, or annual report on Fidelity's web site at http://www.fidelity.com, http://www.institutional.fidelity.com, or http://www.401k.com, as applicable.
NOT FDIC INSURED •MAY LOSE VALUE •NO BANK GUARANTEE
Neither the Fund nor Fidelity Distributors Corporation is a bank.
Investment Summary (Unaudited)
Top Ten Stocks as of August 31, 2018
% of fund's net assets | |
Apple, Inc. | 3.7 |
Microsoft Corp. | 2.9 |
Amazon.com, Inc. | 2.7 |
Facebook, Inc. Class A | 1.4 |
Berkshire Hathaway, Inc. Class B | 1.4 |
JPMorgan Chase & Co. | 1.3 |
Alphabet, Inc. Class C | 1.3 |
Alphabet, Inc. Class A | 1.2 |
Johnson & Johnson | 1.2 |
Exxon Mobil Corp. | 1.1 |
18.2 |
Top Market Sectors as of August 31, 2018
% of fund's net assets | |
Information Technology | 25.3 |
Health Care | 14.2 |
Financials | 14.2 |
Consumer Discretionary | 13.1 |
Industrials | 10.3 |
Consumer Staples | 6.0 |
Energy | 5.6 |
Real Estate | 3.6 |
Materials | 2.9 |
Utilities | 2.8 |
Schedule of Investments August 31, 2018 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 99.7% | |||
Shares | Value | ||
CONSUMER DISCRETIONARY - 13.1% | |||
Auto Components - 0.3% | |||
Adient PLC (a) | 181,691 | $7,865,403 | |
American Axle & Manufacturing Holdings, Inc. (b) | 188,109 | 3,331,410 | |
Aptiv PLC | 510,121 | 44,895,749 | |
Autoliv, Inc. (a) | 165,669 | 14,759,451 | |
BorgWarner, Inc. | 386,356 | 16,910,802 | |
CDTi Advanced Materials, Inc. (a)(b) | 8,475 | 3,221 | |
Cooper Tire & Rubber Co. (a) | 104,300 | 3,009,055 | |
Cooper-Standard Holding, Inc. (b) | 32,523 | 4,502,159 | |
Dana Holding Corp. | 270,404 | 5,291,806 | |
Delphi Technologies PLC | 171,828 | 6,053,500 | |
Dorman Products, Inc. (a)(b) | 61,275 | 4,962,050 | |
Fox Factory Holding Corp. (b) | 77,770 | 5,136,709 | |
Gentex Corp. | 532,304 | 12,445,268 | |
Gentherm, Inc. (b) | 78,354 | 3,855,017 | |
Hertz Global Holdings, Inc. (a)(b) | 158,981 | 2,799,655 | |
Horizon Global Corp. (a)(b) | 41,718 | 323,732 | |
LCI Industries | 49,871 | 4,635,509 | |
Lear Corp. | 125,595 | 20,371,509 | |
Modine Manufacturing Co. (b) | 92,466 | 1,558,052 | |
Motorcar Parts of America, Inc. (a)(b) | 32,435 | 860,825 | |
Shiloh Industries, Inc. (b) | 23,634 | 212,233 | |
Standard Motor Products, Inc. | 42,212 | 2,143,103 | |
Stoneridge, Inc. (b) | 60,173 | 1,800,978 | |
Strattec Security Corp. | 4,334 | 148,656 | |
Superior Industries International, Inc. | 39,790 | 863,443 | |
Sypris Solutions, Inc. (b) | 16,848 | 26,957 | |
Tenneco, Inc. | 96,642 | 4,135,311 | |
The Goodyear Tire & Rubber Co. | 462,748 | 10,499,752 | |
Tower International, Inc. | 37,453 | 1,265,911 | |
UQM Technologies, Inc. (a)(b) | 38,648 | 46,378 | |
Veoneer, Inc. (a)(b) | 173,291 | 8,654,153 | |
Visteon Corp. (b) | 57,388 | 6,335,061 | |
VOXX International Corp. (b) | 39,260 | 212,004 | |
Workhorse Group, Inc. (a)(b) | 43,808 | 44,684 | |
199,959,506 | |||
Automobiles - 0.5% | |||
Ford Motor Co. | 7,565,984 | 71,725,528 | |
General Motors Co. | 2,461,659 | 88,742,807 | |
Harley-Davidson, Inc. | 318,145 | 13,559,340 | |
REV Group, Inc. (a) | 55,706 | 947,559 | |
Tesla, Inc. (a)(b) | 259,511 | 78,284,088 | |
Thor Industries, Inc. | 95,137 | 9,079,875 | |
Winnebago Industries, Inc. | 53,916 | 1,992,196 | |
264,331,393 | |||
Distributors - 0.1% | |||
Core-Mark Holding Co., Inc. | 91,667 | 3,278,929 | |
Educational Development Corp. | 5,732 | 68,784 | |
Genuine Parts Co. | 285,754 | 28,532,537 | |
LKQ Corp. (b) | 602,544 | 20,799,819 | |
Pool Corp. | 79,418 | 13,045,201 | |
Weyco Group, Inc. | 6,395 | 226,831 | |
65,952,101 | |||
Diversified Consumer Services - 0.2% | |||
Adtalem Global Education, Inc. (b) | 121,167 | 5,797,841 | |
American Public Education, Inc. (b) | 34,036 | 1,182,751 | |
Ascent Capital Group, Inc. (b) | 16,905 | 34,655 | |
Bridgepoint Education, Inc. (b) | 52,176 | 613,590 | |
Bright Horizons Family Solutions, Inc. (b) | 115,034 | 13,738,511 | |
Cambium Learning Group, Inc. (b) | 26,588 | 355,747 | |
Career Education Corp. (b) | 119,651 | 1,908,433 | |
Carriage Services, Inc. | 24,048 | 547,573 | |
Chegg, Inc. (a)(b) | 166,149 | 5,379,905 | |
Collectors Universe, Inc. | 6,416 | 95,791 | |
Graham Holdings Co. | 8,988 | 5,057,098 | |
Grand Canyon Education, Inc. (b) | 92,016 | 10,962,786 | |
H&R Block, Inc. | 401,847 | 10,873,980 | |
Houghton Mifflin Harcourt Co. (b) | 207,270 | 1,336,892 | |
K12, Inc. (b) | 75,246 | 1,246,074 | |
Laureate Education, Inc. Class A (b) | 118,560 | 1,893,403 | |
Lincoln Educational Services Corp. (b) | 15,671 | 34,476 | |
National American University Holdings, Inc. | 5,378 | 4,733 | |
Regis Corp. (b) | 65,150 | 1,393,559 | |
Service Corp. International | 355,312 | 14,908,892 | |
ServiceMaster Global Holdings, Inc. (b) | 263,570 | 15,885,364 | |
Sotheby's Class A (Ltd. vtg.) (a)(b) | 77,436 | 3,718,477 | |
Strategic Education, Inc. | 40,901 | 5,675,832 | |
Universal Technical Institute, Inc. (b) | 29,419 | 80,020 | |
Weight Watchers International, Inc. (a)(b) | 70,718 | 5,296,778 | |
Xpresspa Group, Inc. (b) | 9,862 | 1,702 | |
108,024,863 | |||
Hotels, Restaurants & Leisure - 1.9% | |||
ARAMARK Holdings Corp. | 479,975 | 19,717,373 | |
Belmond Ltd. Class A (b) | 165,347 | 2,769,562 | |
BFC Financial Corp. Class A | 157,194 | 1,167,951 | |
Biglari Holdings, Inc. (b) | 247 | 236,656 | |
Biglari Holdings, Inc. (b) | 2,475 | 488,936 | |
BJ's Restaurants, Inc. | 35,904 | 2,717,933 | |
Bloomin' Brands, Inc. | 181,456 | 3,502,101 | |
Bojangles', Inc. (a)(b) | 34,765 | 507,569 | |
Boyd Gaming Corp. | 160,056 | 5,829,240 | |
Brinker International, Inc. | 86,305 | 3,821,585 | |
Caesars Entertainment Corp. (a)(b) | 273,134 | 2,785,967 | |
Carnival Corp. | 783,753 | 48,192,972 | |
Carrols Restaurant Group, Inc. (b) | 61,598 | 973,248 | |
Century Casinos, Inc. (b) | 44,390 | 355,120 | |
Chipotle Mexican Grill, Inc. (b) | 47,391 | 22,519,255 | |
Choice Hotels International, Inc. | 75,738 | 5,911,351 | |
Churchill Downs, Inc. | 21,746 | 6,145,420 | |
Chuy's Holdings, Inc. (a)(b) | 33,149 | 959,664 | |
Cracker Barrel Old Country Store, Inc. (a) | 45,340 | 6,759,741 | |
Darden Restaurants, Inc. | 238,981 | 27,731,355 | |
Dave & Buster's Entertainment, Inc. (b) | 73,713 | 4,287,885 | |
Del Frisco's Restaurant Group, Inc. (b) | 76,669 | 724,522 | |
Del Taco Restaurants, Inc. (b) | 75,328 | 973,991 | |
Denny's Corp. (b) | 128,799 | 1,941,001 | |
Dine Brands Global, Inc. (a) | 36,646 | 3,057,009 | |
Domino's Pizza, Inc. | 81,566 | 24,352,345 | |
Dover Downs Gaming & Entertainment, Inc. (a)(b) | 54,619 | 174,781 | |
Dover Motorsports, Inc. | 9,993 | 20,486 | |
Drive Shack, Inc. (b) | 106,917 | 662,885 | |
Dunkin' Brands Group, Inc. (a) | 158,881 | 11,580,836 | |
El Pollo Loco Holdings, Inc. (b) | 42,298 | 503,346 | |
Eldorado Resorts, Inc. (a)(b) | 117,072 | 5,625,310 | |
Empire Resorts, Inc. (b) | 4,022 | 50,074 | |
Extended Stay America, Inc. unit | 367,918 | 7,424,585 | |
Famous Dave's of America, Inc. (a)(b) | 7,623 | 50,693 | |
Fiesta Restaurant Group, Inc. (b) | 50,677 | 1,456,964 | |
Golden Entertainment, Inc. (b) | 33,622 | 975,374 | |
Good Times Restaurants, Inc. (b) | 7,939 | 38,901 | |
Habit Restaurants, Inc. Class A (a)(b) | 36,946 | 611,456 | |
Hilton Grand Vacations, Inc. (b) | 187,085 | 6,110,196 | |
Hilton Worldwide Holdings, Inc. | 535,957 | 41,600,982 | |
Hyatt Hotels Corp. Class A | 92,384 | 7,146,826 | |
ILG, Inc. | 199,231 | 6,799,754 | |
Inspired Entertainment, Inc. (b) | 3,769 | 26,760 | |
International Speedway Corp. Class A | 44,736 | 1,975,094 | |
J. Alexanders Holdings, Inc. (b) | 20,559 | 254,932 | |
Jack in the Box, Inc. | 54,956 | 4,981,212 | |
Jamba, Inc. (a)(b) | 31,127 | 404,028 | |
Kona Grill, Inc. (a)(b) | 8,466 | 21,588 | |
Las Vegas Sands Corp. | 707,662 | 46,295,248 | |
Lindblad Expeditions Holdings (b) | 48,584 | 737,991 | |
Luby's, Inc. (b) | 14,614 | 29,520 | |
Marriott International, Inc. Class A | 573,134 | 72,484,257 | |
Marriott Vacations Worldwide Corp. (a) | 47,812 | 5,689,628 | |
McDonald's Corp. | 1,520,914 | 246,737,878 | |
MGM Mirage, Inc. | 967,766 | 28,055,536 | |
Monarch Casino & Resort, Inc. (b) | 19,895 | 936,060 | |
Nathan's Famous, Inc. | 4,365 | 387,176 | |
Noodles & Co. (b) | 77,002 | 947,125 | |
Norwegian Cruise Line Holdings Ltd. (b) | 397,580 | 21,314,264 | |
Papa John's International, Inc. (a) | 45,834 | 2,113,864 | |
Papa Murphy's Holdings, Inc. (a)(b) | 22,690 | 125,930 | |
Penn National Gaming, Inc. (b) | 158,816 | 5,472,799 | |
Pinnacle Entertainment, Inc. (b) | 102,955 | 3,525,179 | |
Planet Fitness, Inc. (b) | 173,759 | 8,926,000 | |
Playa Hotels & Resorts NV (b) | 140,860 | 1,455,084 | |
PlayAGS, Inc. (a)(b) | 43,230 | 1,385,089 | |
Potbelly Corp. (b) | 40,772 | 552,461 | |
Rave Restaurant Group, Inc. (a)(b) | 9,079 | 11,712 | |
RCI Hospitality Holdings, Inc. | 15,482 | 502,081 | |
Red Lion Hotels Corp. (b) | 39,040 | 532,896 | |
Red Robin Gourmet Burgers, Inc. (a)(b) | 26,573 | 1,097,465 | |
Red Rock Resorts, Inc. | 146,708 | 4,788,549 | |
Royal Caribbean Cruises Ltd. | 330,573 | 40,521,638 | |
Ruth's Hospitality Group, Inc. | 51,983 | 1,601,076 | |
Scientific Games Corp. Class A (b) | 99,063 | 3,001,609 | |
SeaWorld Entertainment, Inc. (b) | 127,392 | 3,735,133 | |
Shake Shack, Inc. Class A (a)(b) | 40,965 | 2,476,334 | |
Six Flags Entertainment Corp. | 148,179 | 10,009,491 | |
Sonic Corp. (a) | 74,649 | 2,676,913 | |
Speedway Motorsports, Inc. | 23,497 | 420,361 | |
Starbucks Corp. | 2,667,937 | 142,601,233 | |
Texas Roadhouse, Inc. Class A | 123,753 | 8,532,769 | |
The Cheesecake Factory, Inc. (a) | 85,660 | 4,554,542 | |
Town Sports International Holdings, Inc. (b) | 41,284 | 377,749 | |
U.S. Foods Holding Corp. (b) | 262,925 | 8,568,726 | |
Vail Resorts, Inc. | 78,002 | 23,248,496 | |
Wendy's Co. | 365,963 | 6,459,247 | |
Wingstop, Inc. | 55,195 | 3,695,305 | |
Wyndham Destinations, Inc. | 185,484 | 8,198,393 | |
Wyndham Hotels & Resorts, Inc. | 196,365 | 11,143,714 | |
Wynn Resorts Ltd. | 163,093 | 24,193,216 | |
Yum! Brands, Inc. | 624,046 | 54,223,357 | |
Zoe's Kitchen, Inc. (a)(b) | 52,844 | 723,963 | |
1,111,993,872 | |||
Household Durables - 0.5% | |||
AV Homes, Inc. (a)(b) | 17,632 | 378,206 | |
Bassett Furniture Industries, Inc. | 18,263 | 426,441 | |
Beazer Homes U.S.A., Inc. (b) | 65,476 | 838,748 | |
Cavco Industries, Inc. (b) | 16,004 | 3,927,382 | |
Century Communities, Inc. (b) | 43,258 | 1,265,297 | |
Comstock Holding Companies, Inc. (a)(b) | 1,496 | 4,189 | |
CSS Industries, Inc. | 16,118 | 223,718 | |
D.R. Horton, Inc. | 659,836 | 29,369,300 | |
Dixie Group, Inc. (b) | 11,105 | 18,879 | |
Emerson Radio Corp. (b) | 23,724 | 34,637 | |
Ethan Allen Interiors, Inc. | 53,577 | 1,192,088 | |
Flexsteel Industries, Inc. | 9,186 | 327,756 | |
Garmin Ltd. | 216,150 | 14,728,461 | |
GoPro, Inc. Class A (a)(b) | 213,647 | 1,369,477 | |
Green Brick Partners, Inc. (b) | 37,398 | 390,809 | |
Hamilton Beach Brands Holding Co. Class A | 20,505 | 474,691 | |
Helen of Troy Ltd. (b) | 53,200 | 6,328,140 | |
Hooker Furniture Corp. | 23,607 | 992,674 | |
Hovnanian Enterprises, Inc. Class A (a)(b) | 177,163 | 276,374 | |
Installed Building Products, Inc. (b) | 45,849 | 2,134,271 | |
iRobot Corp. (a)(b) | 54,125 | 6,143,188 | |
KB Home | 166,267 | 4,131,735 | |
Koss Corp. (b) | 2,669 | 9,715 | |
La-Z-Boy, Inc. | 91,907 | 3,055,908 | |
Leggett & Platt, Inc. (a) | 249,108 | 11,319,468 | |
Lennar Corp.: | |||
Class A | 540,686 | 27,937,246 | |
Class B | 9,673 | 408,007 | |
LGI Homes, Inc. (a)(b) | 35,114 | 2,022,566 | |
Libbey, Inc. | 41,937 | 412,241 | |
Lifetime Brands, Inc. | 14,046 | 163,636 | |
M.D.C. Holdings, Inc. | 99,376 | 3,150,219 | |
M/I Homes, Inc. (b) | 59,108 | 1,531,488 | |
Meritage Homes Corp. (b) | 78,833 | 3,401,644 | |
Mohawk Industries, Inc. (b) | 121,467 | 23,271,863 | |
New Home Co. LLC (b) | 17,775 | 156,065 | |
Newell Brands, Inc. | 935,654 | 20,322,405 | |
Nova LifeStyle, Inc. (a)(b) | 26,136 | 46,522 | |
NVR, Inc. (b) | 6,477 | 17,283,551 | |
PulteGroup, Inc. (a) | 497,686 | 13,910,324 | |
Roku, Inc. Class A (a) | 86,359 | 5,137,497 | |
Skyline Champion Corp. | 15,881 | 459,120 | |
Taylor Morrison Home Corp. (b) | 213,917 | 4,162,825 | |
Tempur Sealy International, Inc. (a)(b) | 87,333 | 4,837,375 | |
Toll Brothers, Inc. | 278,640 | 10,095,127 | |
TopBuild Corp. (b) | 72,015 | 4,485,094 | |
TRI Pointe Homes, Inc. (a)(b) | 285,631 | 4,138,793 | |
Tupperware Brands Corp. | 98,214 | 3,193,919 | |
Turtle Beach Corp. (a)(b) | 12,175 | 278,929 | |
Universal Electronics, Inc. (b) | 28,445 | 1,228,824 | |
Vuzix Corp. (a)(b) | 35,528 | 230,932 | |
Whirlpool Corp. | 124,156 | 15,517,017 | |
William Lyon Homes, Inc. (b) | 53,155 | 1,040,243 | |
Zagg, Inc. (b) | 47,415 | 768,123 | |
258,953,147 | |||
Internet & Direct Marketing Retail - 3.7% | |||
1-800-FLOWERS.com, Inc. Class A (b) | 67,294 | 810,893 | |
Amazon.com, Inc. (b) | 779,436 | 1,568,778,632 | |
Blue Apron Holdings, Inc. Class A (a)(b) | 67,371 | 136,089 | |
Duluth Holdings, Inc. (a)(b) | 29,946 | 866,637 | |
EVINE Live, Inc. (b) | 71,405 | 91,398 | |
Expedia, Inc. | 234,656 | 30,622,608 | |
FTD Companies, Inc. (b) | 25,393 | 90,907 | |
Gaia, Inc. Class A (b) | 16,336 | 285,880 | |
Groupon, Inc. (b) | 761,063 | 3,249,739 | |
Lands' End, Inc. (a)(b) | 31,890 | 819,573 | |
Liberty Expedia Holdings, Inc. (b) | 113,147 | 5,221,734 | |
Liberty Interactive Corp. QVC Group Series A (b) | 866,824 | 18,021,271 | |
Liberty TripAdvisor Holdings, Inc. (b) | 137,066 | 2,172,496 | |
Netflix, Inc. (b) | 841,160 | 309,277,709 | |
NutriSystem, Inc. | 59,492 | 2,201,204 | |
Overstock.com, Inc. (a)(b) | 36,823 | 1,075,232 | |
PetMed Express, Inc. (a) | 38,488 | 1,412,125 | |
Shutterfly, Inc. (a)(b) | 63,827 | 4,958,081 | |
The Booking Holdings, Inc. (b) | 93,202 | 181,888,363 | |
TripAdvisor, Inc. (a)(b) | 205,604 | 11,166,353 | |
U.S. Auto Parts Network, Inc. (b) | 5,048 | 7,370 | |
Wayfair LLC Class A (a)(b) | 83,777 | 11,324,137 | |
2,154,478,431 | |||
Leisure Products - 0.1% | |||
American Outdoor Brands Corp. (b) | 96,497 | 1,353,853 | |
Brunswick Corp. | 170,585 | 11,330,256 | |
Callaway Golf Co. | 178,654 | 4,075,098 | |
Clarus Corp. | 39,765 | 411,568 | |
Escalade, Inc. | 7,022 | 93,393 | |
Hasbro, Inc. | 219,161 | 21,764,879 | |
JAKKS Pacific, Inc. (a)(b) | 36,433 | 92,904 | |
Johnson Outdoors, Inc. Class A | 11,590 | 1,173,835 | |
Malibu Boats, Inc. Class A (b) | 41,559 | 2,003,559 | |
Marine Products Corp. | 11,741 | 230,593 | |
Mattel, Inc. (a) | 665,394 | 10,267,029 | |
MCBC Holdings, Inc. (b) | 29,639 | 817,147 | |
Nautilus, Inc. (b) | 60,465 | 885,812 | |
Polaris Industries, Inc. | 112,876 | 12,241,402 | |
Sturm, Ruger & Co., Inc. (a) | 33,314 | 2,180,401 | |
Summer Infant, Inc. (b) | 32,605 | 62,602 | |
Vista Outdoor, Inc. (b) | 127,654 | 2,357,769 | |
71,342,100 | |||
Media - 2.3% | |||
A.H. Belo Corp. Class A | 22,177 | 97,579 | |
Altice U.S.A., Inc. Class A | 232,750 | 4,170,880 | |
AMC Entertainment Holdings, Inc. Class A | 98,115 | 1,869,091 | |
AMC Networks, Inc. Class A (a)(b) | 89,247 | 5,605,604 | |
Ballantyne of Omaha, Inc. (b) | 17,964 | 78,143 | |
Cable One, Inc. | 8,949 | 7,496,935 | |
CBS Corp. Class B | 680,172 | 36,062,719 | |
Central European Media Enterprises Ltd. Class A (b) | 124,885 | 474,563 | |
Charter Communications, Inc. Class A (a)(b) | 359,235 | 111,506,544 | |
Cinedigm Corp. (b) | 5,614 | 7,018 | |
Cinemark Holdings, Inc. | 208,843 | 7,794,021 | |
Clear Channel Outdoor Holding, Inc. Class A | 77,307 | 351,747 | |
Comcast Corp. Class A | 8,885,843 | 328,687,333 | |
Daily Journal Corp. (a)(b) | 644 | 153,562 | |
Discovery Communications, Inc.: | |||
Class A (a)(b) | 319,936 | 8,903,819 | |
Class C (non-vtg.) (b) | 640,780 | 16,429,599 | |
DISH Network Corp. Class A (b) | 448,226 | 15,844,789 | |
E.W. Scripps Co. Class A | 104,171 | 1,528,189 | |
Emmis Communications Corp. Class A (b) | 1,993 | 10,124 | |
Entercom Communications Corp. Class A | 253,845 | 1,992,683 | |
Entravision Communication Corp. Class A | 112,796 | 592,179 | |
Fluent, Inc. (a)(b) | 74,077 | 177,785 | |
Gannett Co., Inc. | 225,017 | 2,313,175 | |
GCI Liberty, Inc. (b) | 199,273 | 9,780,319 | |
Global Eagle Entertainment, Inc. (a)(b) | 104,573 | 278,164 | |
Gray Television, Inc. (b) | 155,347 | 2,710,805 | |
Harte-Hanks, Inc. (b) | 4,548 | 39,067 | |
Hemisphere Media Group, Inc. (b) | 12,793 | 175,264 | |
Insignia Systems, Inc. (b) | 5,038 | 10,983 | |
Interpublic Group of Companies, Inc. | 744,848 | 17,392,201 | |
John Wiley & Sons, Inc. Class A | 90,167 | 5,820,280 | |
Lee Enterprises, Inc. (b) | 85,702 | 244,251 | |
Liberty Broadband Corp.: | |||
Class A (b) | 36,926 | 2,991,006 | |
Class C (b) | 309,886 | 25,128,656 | |
Liberty Global PLC: | |||
Class A (b) | 411,278 | 11,026,363 | |
Class C (b) | 1,169,608 | 30,281,151 | |
Liberty Latin America Ltd. (b) | 238,567 | 4,683,070 | |
Liberty Latin America Ltd. Class A (a)(b) | 77,452 | 1,526,579 | |
Liberty Media Corp.: | |||
Liberty Braves Class A (b) | 14,273 | 380,804 | |
Liberty Braves Class C (b) | 76,194 | 2,024,475 | |
Liberty Formula One Group Series C (b) | 402,255 | 14,867,345 | |
Liberty Media Class A (b) | 46,551 | 1,628,354 | |
Liberty SiriusXM Series A (b) | 131,422 | 6,142,664 | |
Liberty SiriusXM Series C (b) | 365,783 | 17,206,432 | |
Lions Gate Entertainment Corp.: | |||
Class A (a) | 145,390 | 3,419,573 | |
Class B | 201,823 | 4,530,926 | |
Live Nation Entertainment, Inc. (b) | 261,567 | 12,994,649 | |
LiveXLive Media, Inc. (a)(b) | 25,647 | 130,030 | |
Loral Space & Communications Ltd. (b) | 24,624 | 1,092,074 | |
Marcus Corp. | 38,691 | 1,570,855 | |
Meredith Corp. | 75,392 | 3,893,997 | |
MSG Network, Inc. Class A (a)(b) | 116,814 | 2,838,580 | |
National CineMedia, Inc. | 108,730 | 989,443 | |
New Media Investment Group, Inc. | 138,364 | 2,199,988 | |
News Corp.: | |||
Class A | 825,180 | 10,785,103 | |
Class B | 150,998 | 2,053,573 | |
Nexstar Broadcasting Group, Inc. Class A | 90,705 | 7,437,810 | |
Omnicom Group, Inc. (a) | 439,557 | 30,470,091 | |
Reading International, Inc. Class A (b) | 19,772 | 318,329 | |
RLJ Entertainment, Inc. (b) | 5,726 | 35,788 | |
Saga Communications, Inc. Class A | 3,882 | 147,516 | |
Salem Communications Corp. Class A | 10,842 | 41,742 | |
Scholastic Corp. | 52,798 | 2,219,628 | |
Sinclair Broadcast Group, Inc. Class A | 143,587 | 4,156,844 | |
Sirius XM Holdings, Inc. (a) | 2,832,370 | 20,109,827 | |
Social Reality, Inc. (a)(b) | 7,116 | 30,883 | |
Tegna, Inc. | 404,044 | 4,703,072 | |
The Madison Square Garden Co. (b) | 32,008 | 9,664,496 | |
The McClatchy Co. Class A (a)(b) | 6,072 | 54,648 | |
The New York Times Co. Class A (a) | 260,178 | 6,062,147 | |
The Walt Disney Co. | 2,876,969 | 322,278,067 | |
Townsquare Media, Inc. | 1,285 | 11,475 | |
Tribune Media Co. Class A | 137,277 | 5,064,149 | |
tronc, Inc. (b) | 51,781 | 854,387 | |
Twenty-First Century Fox, Inc.: | |||
Class A | 2,008,293 | 91,176,502 | |
Class B | 878,618 | 39,449,948 | |
Urban One, Inc.: | |||
Class A (a)(b) | 7,797 | 17,933 | |
Class D (non-vtg.) (b) | 32,336 | 71,139 | |
Viacom, Inc. Class B (non-vtg.) | 702,717 | 20,575,554 | |
World Wrestling Entertainment, Inc. Class A | 75,130 | 6,567,113 | |
1,324,504,193 | |||
Multiline Retail - 0.4% | |||
Big Lots, Inc. (a) | 84,039 | 3,617,879 | |
Dillard's, Inc. Class A (a) | 40,152 | 3,155,144 | |
Dollar General Corp. | 490,831 | 52,877,224 | |
Dollar Tree, Inc. (b) | 457,955 | 36,869,957 | |
Fred's, Inc. Class A (a) | 52,965 | 90,570 | |
JC Penney Corp., Inc. (a)(b) | 587,373 | 1,039,650 | |
Kohl's Corp. | 323,306 | 25,576,738 | |
Macy's, Inc. | 591,490 | 21,618,960 | |
Nordstrom, Inc. | 230,007 | 14,455,940 | |
Ollie's Bargain Outlet Holdings, Inc. (a)(b) | 96,514 | 8,406,369 | |
Sears Holdings Corp. (a)(b) | 98,150 | 131,521 | |
Target Corp. | 1,036,338 | 90,679,575 | |
Tuesday Morning Corp. (a)(b) | 61,992 | 189,076 | |
258,708,603 | |||
Specialty Retail - 2.3% | |||
Aaron's, Inc. Class A | 121,761 | 6,053,957 | |
Abercrombie & Fitch Co. Class A | 133,398 | 2,890,735 | |
Advance Auto Parts, Inc. | 143,307 | 23,506,647 | |
America's Car Mart, Inc. (b) | 12,295 | 1,026,018 | |
American Eagle Outfitters, Inc. | 317,713 | 8,247,829 | |
Armstrong Flooring, Inc. (b) | 44,365 | 776,831 | |
Asbury Automotive Group, Inc. (b) | 40,476 | 3,015,462 | |
Ascena Retail Group, Inc. (a)(b) | 349,700 | 1,601,626 | |
At Home Group, Inc. (b) | 49,373 | 1,698,925 | |
AutoNation, Inc. (b) | 112,063 | 5,082,057 | |
AutoZone, Inc. (b) | 51,329 | 39,363,184 | |
Barnes & Noble Education, Inc. (b) | 60,796 | 363,560 | |
Barnes & Noble, Inc. | 136,068 | 714,357 | |
Bed Bath & Beyond, Inc. | 260,771 | 4,678,232 | |
Best Buy Co., Inc. | 474,196 | 37,727,034 | |
Big 5 Sporting Goods Corp. (a) | 30,148 | 171,844 | |
Boot Barn Holdings, Inc. (a)(b) | 56,571 | 1,693,170 | |
Build-A-Bear Workshop, Inc. (b) | 20,831 | 191,645 | |
Burlington Stores, Inc. (b) | 129,732 | 21,818,328 | |
Caleres, Inc. | 81,369 | 3,293,817 | |
Camping World Holdings, Inc. (a) | 60,852 | 1,260,245 | |
CarMax, Inc. (a)(b) | 354,626 | 27,678,559 | |
Cars.com, Inc. (a)(b) | 141,815 | 3,816,242 | |
Chico's FAS, Inc. | 255,796 | 2,332,860 | |
Christopher & Banks Corp. (a)(b) | 57,707 | 56,553 | |
Citi Trends, Inc. | 26,292 | 813,474 | |
Conn's, Inc. (a)(b) | 50,034 | 2,051,394 | |
Destination Maternity Corp. (b) | 22,235 | 111,620 | |
Destination XL Group, Inc. (a)(b) | 51,406 | 141,367 | |
Dick's Sporting Goods, Inc. | 154,889 | 5,799,044 | |
DSW, Inc. Class A | 144,844 | 4,817,511 | |
Express, Inc. (b) | 161,303 | 1,809,820 | |
Five Below, Inc. (b) | 105,680 | 12,308,550 | |
Floor & Decor Holdings, Inc. Class A (a)(b) | 88,718 | 3,261,274 | |
Foot Locker, Inc. | 229,516 | 11,315,139 | |
Francesca's Holdings Corp. (a)(b) | 57,702 | 362,369 | |
GameStop Corp. Class A (a) | 189,516 | 2,514,877 | |
Gap, Inc. | 420,016 | 12,747,486 | |
Genesco, Inc. (a)(b) | 38,400 | 1,952,640 | |
GNC Holdings, Inc. Class A (a)(b) | 120,441 | 373,367 | |
Group 1 Automotive, Inc. | 38,654 | 2,979,837 | |
Guess?, Inc. | 114,124 | 2,796,038 | |
Haverty Furniture Companies, Inc. | 37,183 | 821,744 | |
Hibbett Sports, Inc. (a)(b) | 34,547 | 709,941 | |
Home Depot, Inc. | 2,232,585 | 448,236,090 | |
Kirkland's, Inc. (a)(b) | 21,240 | 193,072 | |
L Brands, Inc. | 477,405 | 12,617,814 | |
Lithia Motors, Inc. Class A (sub. vtg.) (a) | 46,519 | 4,019,242 | |
Lowe's Companies, Inc. | 1,590,615 | 172,979,381 | |
Lumber Liquidators Holdings, Inc. (a)(b) | 49,362 | 860,380 | |
MarineMax, Inc. (b) | 36,815 | 828,338 | |
Michaels Companies, Inc. (b) | 219,067 | 3,721,948 | |
Monro, Inc. (a) | 70,777 | 5,021,628 | |
Murphy U.S.A., Inc. (b) | 58,955 | 4,892,086 | |
New York & Co., Inc. (b) | 45,085 | 205,137 | |
O'Reilly Automotive, Inc. (b) | 158,023 | 53,004,075 | |
Office Depot, Inc. | 1,052,572 | 3,526,116 | |
Party City Holdco, Inc. (a)(b) | 63,433 | 973,697 | |
Penske Automotive Group, Inc. | 71,056 | 3,739,677 | |
Pier 1 Imports, Inc. (a) | 163,568 | 300,965 | |
Rent-A-Center, Inc. (b) | 93,716 | 1,381,374 | |
RH (a)(b) | 36,149 | 5,747,691 | |
Ross Stores, Inc. | 729,785 | 69,898,807 | |
Sally Beauty Holdings, Inc. (a)(b) | 228,422 | 3,517,699 | |
Sears Hometown & Outlet Stores, Inc. (a)(b) | 10,000 | 30,000 | |
Shoe Carnival, Inc. | 21,330 | 948,332 | |
Signet Jewelers Ltd. (a) | 114,755 | 7,367,271 | |
Sleep Number Corp. (a)(b) | 68,724 | 2,315,999 | |
Sonic Automotive, Inc. Class A (sub. vtg.) | 52,893 | 1,137,200 | |
Sportsman's Warehouse Holdings, Inc. (a)(b) | 85,108 | 485,967 | |
Stage Stores, Inc. (a) | 38,699 | 81,268 | |
Stein Mart, Inc. (a)(b) | 40,412 | 94,160 | |
Tailored Brands, Inc. (a) | 94,987 | 2,235,994 | |
The Buckle, Inc. (a) | 65,726 | 1,692,445 | |
The Cato Corp. Class A (sub. vtg.) | 58,832 | 1,261,946 | |
The Children's Place Retail Stores, Inc. | 32,586 | 4,586,480 | |
The Container Store Group, Inc. (b) | 29,760 | 336,288 | |
Tiffany & Co., Inc. | 196,681 | 24,122,925 | |
Tile Shop Holdings, Inc. | 56,926 | 435,484 | |
Tilly's, Inc. | 25,457 | 598,749 | |
TJX Companies, Inc. | 1,214,266 | 133,532,832 | |
Tractor Supply Co. | 236,298 | 20,860,387 | |
Trans World Entertainment Corp. (b) | 2,977 | 2,769 | |
Ulta Beauty, Inc. (b) | 110,358 | 28,693,080 | |
Urban Outfitters, Inc. (b) | 151,625 | 7,047,530 | |
Vitamin Shoppe, Inc. (a)(b) | 45,231 | 578,957 | |
Williams-Sonoma, Inc. (a) | 147,711 | 10,373,744 | |
Winmark Corp. | 3,398 | 506,982 | |
Zumiez, Inc. (b) | 31,066 | 967,706 | |
1,312,706,921 | |||
Textiles, Apparel & Luxury Goods - 0.8% | |||
Carbon Black, Inc. (a) | 27,353 | 692,851 | |
Carter's, Inc. | 90,259 | 9,561,136 | |
Cherokee, Inc. (a)(b) | 20,319 | 17,474 | |
Columbia Sportswear Co. | 57,607 | 5,224,955 | |
Crocs, Inc. (a)(b) | 126,644 | 2,616,465 | |
Culp, Inc. | 13,004 | 329,651 | |
Deckers Outdoor Corp. (b) | 58,429 | 7,118,989 | |
Delta Apparel, Inc. (b) | 4,312 | 79,988 | |
Differential Brands Group, Inc. (a)(b) | 30,760 | 148,263 | |
Emerald Expositions Events, Inc. | 58,843 | 919,128 | |
Fossil Group, Inc. (a)(b) | 83,664 | 1,896,663 | |
G-III Apparel Group Ltd. (b) | 82,934 | 3,771,838 | |
Goosehead Insurance (a) | 19,603 | 608,085 | |
Hanesbrands, Inc. (a) | 689,492 | 12,093,690 | |
Iconix Brand Group, Inc. (a)(b) | 101,691 | 35,592 | |
J.Jill, Inc. (b) | 24,557 | 148,324 | |
Lakeland Industries, Inc. (b) | 6,813 | 89,932 | |
lululemon athletica, Inc. (b) | 183,774 | 28,472,106 | |
Michael Kors Holdings Ltd. (b) | 289,686 | 21,036,997 | |
Movado Group, Inc. | 39,217 | 1,670,644 | |
Newmark Group, Inc. | 231,305 | 2,972,269 | |
NIKE, Inc. Class B | 2,488,009 | 204,514,340 | |
Oxford Industries, Inc. | 34,526 | 3,214,025 | |
Perry Ellis International, Inc. (b) | 21,985 | 605,247 | |
PetIQ, Inc. Class A (a)(b) | 18,886 | 739,576 | |
PVH Corp. | 149,344 | 21,380,087 | |
Ralph Lauren Corp. | 106,824 | 14,187,295 | |
Rocky Brands, Inc. | 10,510 | 316,877 | |
Sequential Brands Group, Inc. (a)(b) | 82,806 | 149,051 | |
Skechers U.S.A., Inc. Class A (sub. vtg.) (b) | 260,590 | 7,682,193 | |
Steven Madden Ltd. | 106,426 | 6,188,672 | |
Stitch Fix, Inc. (a)(b) | 32,567 | 1,321,569 | |
Superior Group of Companies, Inc. | 11,974 | 226,907 | |
Switch, Inc. Class A (a) | 92,904 | 1,073,970 | |
Tapestry, Inc. | 555,983 | 28,182,778 | |
TPG RE Finance Trust, Inc. | 110,110 | 2,273,772 | |
Under Armour, Inc.: | |||
Class A (sub. vtg.) (a)(b) | 376,747 | 7,704,476 | |
Class C (non-vtg.) (a)(b) | 338,744 | 6,425,974 | |
Unifi, Inc. (b) | 32,934 | 1,047,631 | |
Vera Bradley, Inc. (b) | 29,957 | 439,170 | |
VF Corp. | 636,388 | 58,630,426 | |
Vince Holding Corp. (b) | 4,485 | 94,589 | |
Wolverine World Wide, Inc. | 185,482 | 7,267,185 | |
473,170,850 | |||
TOTAL CONSUMER DISCRETIONARY | 7,604,125,980 | ||
CONSUMER STAPLES - 6.0% | |||
Beverages - 1.4% | |||
Boston Beer Co., Inc. Class A (b) | 17,915 | 5,430,932 | |
Brown-Forman Corp.: | |||
Class A | 46,010 | 2,421,966 | |
Class B (non-vtg.) | 576,947 | 30,128,172 | |
Castle Brands, Inc. (a)(b) | 173,742 | 199,803 | |
Celsius Holdings, Inc. (a)(b) | 5,581 | 25,505 | |
Coca-Cola Bottling Co. Consolidated | 9,702 | 1,645,071 | |
Constellation Brands, Inc. Class A (sub. vtg.) | 325,717 | 67,814,279 | |
Craft Brew Alliance, Inc. (b) | 14,306 | 271,099 | |
Keurig Dr. Pepper, Inc. | 339,925 | 7,750,290 | |
MGP Ingredients, Inc. (a) | 24,369 | 1,879,094 | |
Molson Coors Brewing Co. Class B | 355,276 | 23,711,120 | |
Monster Beverage Corp. (b) | 805,932 | 49,073,199 | |
National Beverage Corp. (a) | 22,740 | 2,679,682 | |
New Age Beverages Corp. (a)(b) | 33,316 | 49,308 | |
PepsiCo, Inc. | 2,744,785 | 307,443,368 | |
Primo Water Corp. (b) | 73,505 | 1,470,100 | |
REED'S, Inc. (a)(b) | 1,830 | 6,039 | |
The Coca-Cola Co. | 7,408,942 | 330,216,545 | |
832,215,572 | |||
Food & Staples Retailing - 1.3% | |||
Andersons, Inc. | 52,768 | 2,155,573 | |
Casey's General Stores, Inc. | 72,316 | 8,256,318 | |
Chefs' Warehouse Holdings (a)(b) | 42,131 | 1,238,651 | |
Costco Wholesale Corp. | 847,150 | 197,496,080 | |
Ingles Markets, Inc. Class A | 27,092 | 973,957 | |
Kroger Co. | 1,568,624 | 49,411,656 | |
Natural Grocers by Vitamin Cottage, Inc. (a)(b) | 12,082 | 234,512 | |
Performance Food Group Co. (b) | 173,233 | 5,734,012 | |
PriceSmart, Inc. | 44,258 | 3,843,807 | |
Rite Aid Corp. (a)(b) | 2,073,503 | 2,840,699 | |
Smart & Final Stores, Inc. (b) | 46,551 | 325,857 | |
SpartanNash Co. | 73,184 | 1,562,478 | |
Sprouts Farmers Market LLC (b) | 232,354 | 6,150,410 | |
SUPERVALU, Inc. (b) | 84,298 | 2,721,982 | |
Sysco Corp. | 925,873 | 69,273,818 | |
United Natural Foods, Inc. (b) | 95,946 | 3,407,042 | |
Village Super Market, Inc. Class A | 10,106 | 294,893 | |
Walgreens Boots Alliance, Inc. | 1,654,497 | 113,432,314 | |
Walmart, Inc. | 2,801,224 | 268,525,333 | |
Weis Markets, Inc. (a) | 34,945 | 1,628,088 | |
Welbilt, Inc. (b) | 274,877 | 6,083,028 | |
745,590,508 | |||
Food Products - 1.1% | |||
Alico, Inc. | 4,002 | 129,265 | |
Archer Daniels Midland Co. | 1,082,838 | 54,575,035 | |
B&G Foods, Inc. Class A (a) | 128,366 | 4,101,294 | |
Bunge Ltd. | 273,076 | 17,744,478 | |
Cal-Maine Foods, Inc. | 58,088 | 2,872,452 | |
Calavo Growers, Inc. (a) | 30,246 | 3,201,539 | |
Campbell Soup Co. (a) | 367,725 | 14,506,751 | |
Coffee Holding Co., Inc. (b) | 3,401 | 17,379 | |
ConAgra Foods, Inc. | 753,077 | 27,675,580 | |
Darling International, Inc. (b) | 320,453 | 6,338,560 | |
Dean Foods Co. (a) | 162,447 | 1,237,846 | |
Farmer Brothers Co. (a)(b) | 27,261 | 790,569 | |
Flowers Foods, Inc. | 375,117 | 7,558,608 | |
Fresh Del Monte Produce, Inc. | 75,165 | 2,814,178 | |
Freshpet, Inc. (a)(b) | 50,186 | 1,864,410 | |
General Mills, Inc. | 1,142,077 | 52,546,963 | |
Hormel Foods Corp. (a) | 525,328 | 20,566,591 | |
Hostess Brands, Inc. Class A (a)(b) | 143,616 | 1,688,924 | |
Ingredion, Inc. | 139,347 | 14,083,801 | |
J&J Snack Foods Corp. | 28,653 | 4,169,012 | |
John B. Sanfilippo & Son, Inc. | 17,222 | 1,258,412 | |
Kellogg Co. | 482,493 | 34,638,172 | |
Lamb Weston Holdings, Inc. | 279,395 | 18,887,102 | |
Lancaster Colony Corp. | 37,363 | 5,838,716 | |
Landec Corp. (b) | 37,230 | 500,744 | |
Lifeway Foods, Inc. (b) | 1,962 | 7,063 | |
Limoneira Co. | 27,146 | 837,454 | |
McCormick & Co., Inc. (non-vtg.) (a) | 238,025 | 29,724,562 | |
Mondelez International, Inc. | 2,848,224 | 121,676,129 | |
nLIGHT, Inc. (b) | 16,268 | 501,217 | |
Pilgrim's Pride Corp. (a)(b) | 106,035 | 1,960,587 | |
Pinnacle Foods, Inc. | 228,760 | 15,194,239 | |
Post Holdings, Inc. (a)(b) | 132,122 | 12,850,186 | |
Sanderson Farms, Inc. (a) | 41,809 | 4,421,720 | |
Seaboard Corp. | 559 | 2,059,792 | |
Seneca Foods Corp. Class A (b) | 10,446 | 337,406 | |
The Hain Celestial Group, Inc. (b) | 195,834 | 5,593,019 | |
The Hershey Co. | 267,220 | 26,860,954 | |
The J.M. Smucker Co. (a) | 217,711 | 22,506,963 | |
The Kraft Heinz Co. | 1,157,959 | 67,474,271 | |
The Simply Good Foods Co. (a)(b) | 130,919 | 2,356,542 | |
Tootsie Roll Industries, Inc. (a) | 48,416 | 1,394,381 | |
TreeHouse Foods, Inc. (a)(b) | 111,858 | 5,827,802 | |
Tyson Foods, Inc. Class A | 573,631 | 36,029,763 | |
657,220,431 | |||
Household Products - 1.2% | |||
Central Garden & Pet Co. Class A (non-vtg.) (b) | 103,595 | 3,763,606 | |
Church & Dwight Co., Inc. | 469,221 | 26,548,524 | |
Clorox Co. | 250,024 | 36,248,480 | |
Colgate-Palmolive Co. | 1,690,893 | 112,292,204 | |
Energizer Holdings, Inc. | 112,990 | 7,185,034 | |
Funko, Inc. (a)(b) | 28,105 | 714,429 | |
Kimberly-Clark Corp. | 676,991 | 78,219,540 | |
Oil-Dri Corp. of America | 2,105 | 85,568 | |
Orchids Paper Products Co. (a)(b) | 12,438 | 45,647 | |
Procter & Gamble Co. | 4,860,945 | 403,215,388 | |
Spectrum Brands Holdings, Inc. (a) | 90,795 | 7,885,546 | |
WD-40 Co. (a) | 27,338 | 4,851,128 | |
681,055,094 | |||
Personal Products - 0.2% | |||
Avon Products, Inc. (a)(b) | 847,443 | 1,694,886 | |
Coty, Inc. Class A | 914,076 | 11,297,979 | |
Cyanotech Corp. (b) | 2,300 | 8,280 | |
Edgewell Personal Care Co. (a)(b) | 107,191 | 6,053,076 | |
elf Beauty, Inc. (a)(b) | 38,054 | 528,570 | |
Estee Lauder Companies, Inc. Class A | 432,535 | 60,606,804 | |
Herbalife Nutrition Ltd. (b) | 221,367 | 12,527,159 | |
Inter Parfums, Inc. | 36,672 | 2,394,682 | |
LifeVantage Corp. (b) | 19,206 | 241,227 | |
Mannatech, Inc. | 599 | 11,291 | |
MediFast, Inc. | 21,194 | 4,848,128 | |
Natural Health Trends Corp. (a) | 11,452 | 303,134 | |
Nature's Sunshine Products, Inc. (b) | 6,985 | 62,865 | |
Nu Skin Enterprises, Inc. Class A | 109,672 | 8,729,891 | |
Revlon, Inc. (a)(b) | 25,388 | 552,189 | |
USANA Health Sciences, Inc. (b) | 25,519 | 3,367,232 | |
Veru, Inc. (b) | 11,731 | 23,345 | |
113,250,738 | |||
Tobacco - 0.8% | |||
22nd Century Group, Inc. (a)(b) | 193,301 | 523,846 | |
Alliance One International, Inc. (a)(b) | 16,429 | 290,793 | |
Altria Group, Inc. | 3,658,356 | 214,086,993 | |
Philip Morris International, Inc. (a) | 3,008,825 | 234,357,379 | |
Turning Point Brands, Inc. | 13,210 | 444,649 | |
Universal Corp. | 48,780 | 2,917,044 | |
Vector Group Ltd. (a) | 224,341 | 3,484,016 | |
456,104,720 | |||
TOTAL CONSUMER STAPLES | 3,485,437,063 | ||
ENERGY - 5.6% | |||
Energy Equipment & Services - 0.8% | |||
ACM Research, Inc. (a)(b) | 10,379 | 146,448 | |
Archrock, Inc. | 242,413 | 3,066,524 | |
Aspen Aerogels, Inc. (b) | 9,858 | 47,713 | |
Baker Hughes, a GE Co. Class A (a) | 801,830 | 26,436,335 | |
Basic Energy Services, Inc. (b) | 42,877 | 379,890 | |
Bristow Group, Inc. (a)(b) | 59,922 | 656,745 | |
C&J Energy Services, Inc. (b) | 129,736 | 2,717,969 | |
Carbo Ceramics, Inc. (a)(b) | 36,697 | 317,429 | |
Core Laboratories NV (a) | 87,182 | 9,986,698 | |
Dawson Geophysical Co. | 23,761 | 147,318 | |
Diamond Offshore Drilling, Inc. (a)(b) | 137,256 | 2,391,000 | |
Dril-Quip, Inc. (a)(b) | 70,873 | 3,731,463 | |
ENGlobal Corp. (b) | 5,637 | 5,862 | |
Ensco PLC Class A (a) | 839,272 | 5,740,620 | |
Enservco Corp. (b) | 20,536 | 13,556 | |
Era Group, Inc. (b) | 33,138 | 395,668 | |
Exterran Corp. (b) | 64,985 | 1,779,939 | |
Forum Energy Technologies, Inc. (b) | 145,804 | 1,742,358 | |
Frank's International NV (a) | 132,102 | 1,166,461 | |
FTS International, Inc. (b) | 53,091 | 585,594 | |
Geospace Technologies Corp. (b) | 25,924 | 366,306 | |
Gulf Island Fabrication, Inc. | 22,854 | 215,970 | |
GulfMark Offshore, Inc. (b) | 3,372 | 123,078 | |
Halliburton Co. | 1,685,224 | 67,223,585 | |
Helix Energy Solutions Group, Inc. (b) | 271,820 | 2,544,235 | |
Helmerich & Payne, Inc. | 210,015 | 13,770,684 | |
Hornbeck Offshore Services, Inc. (b) | 51,518 | 227,194 | |
Independence Contract Drilling, Inc. (b) | 45,769 | 200,011 | |
ION Geophysical Corp. (a)(b) | 19,328 | 346,938 | |
Key Energy Services, Inc. (b) | 13,975 | 186,706 | |
Liberty Oilfield Services, Inc. Class A (a) | 24,986 | 490,725 | |
Mammoth Energy Services, Inc. | 21,777 | 598,432 | |
Matrix Service Co. (b) | 47,813 | 999,292 | |
McDermott International, Inc. (a)(b) | 349,179 | 6,753,122 | |
Mitcham Industries, Inc. (b) | 23,287 | 93,148 | |
Nabors Industries Ltd. | 664,054 | 4,097,213 | |
National Oilwell Varco, Inc. | 740,374 | 34,849,404 | |
Natural Gas Services Group, Inc. (b) | 21,602 | 477,404 | |
NCS Multistage Holdings, Inc. (a)(b) | 41,493 | 675,091 | |
Newpark Resources, Inc. (b) | 184,008 | 1,932,084 | |
Noble Corp. (a)(b) | 468,541 | 2,858,100 | |
Oceaneering International, Inc. (a) | 195,230 | 5,519,152 | |
Oil States International, Inc. (b) | 113,918 | 3,856,124 | |
Parker Drilling Co. (a)(b) | 12,021 | 47,363 | |
Patterson-UTI Energy, Inc. | 419,954 | 7,193,812 | |
PHI, Inc. (non-vtg.) (b) | 18,377 | 149,773 | |
Pioneer Energy Services Corp. (b) | 156,417 | 500,534 | |
Profire Energy, Inc. (a)(b) | 41,596 | 118,549 | |
Quintana Energy Services, Inc. (b) | 2,698 | 21,125 | |
Ranger Energy Services, Inc. Class A | 4,519 | 37,734 | |
RigNet, Inc. (b) | 17,672 | 288,054 | |
Rowan Companies PLC (b) | 235,223 | 3,302,531 | |
RPC, Inc. (a) | 112,587 | 1,540,190 | |
Schlumberger Ltd. | 2,683,559 | 169,493,586 | |
SEACOR Holdings, Inc. (b) | 35,706 | 1,837,074 | |
SEACOR Marine Holdings, Inc. (a)(b) | 30,560 | 625,869 | |
Smart Sand, Inc. (a)(b) | 41,295 | 205,649 | |
Solaris Oilfield Infrastructure, Inc. Class A (a)(b) | 42,266 | 727,821 | |
Superior Energy Services, Inc. (b) | 304,963 | 2,744,667 | |
Synthesis Energy Systems, Inc. (a)(b) | 17,261 | 43,153 | |
TechnipFMC PLC | 836,314 | 25,616,298 | |
TETRA Technologies, Inc. (b) | 232,409 | 1,066,757 | |
Tidewater, Inc. (a)(b) | 49,250 | 1,576,000 | |
Transocean Ltd. (United States) (a)(b) | 847,118 | 10,258,599 | |
U.S. Silica Holdings, Inc. (a) | 151,843 | 3,217,553 | |
Unit Corp. (b) | 111,239 | 2,924,473 | |
Weatherford International PLC (a)(b) | 1,940,346 | 4,695,637 | |
448,092,389 | |||
Oil, Gas & Consumable Fuels - 4.8% | |||
Abraxas Petroleum Corp. (b) | 314,017 | 706,538 | |
Adams Resources & Energy, Inc. | 2,090 | 95,931 | |
Aemetis, Inc. (b) | 10,055 | 12,468 | |
Alta Mesa Resources, Inc. Class A (a)(b) | 252,424 | 1,196,490 | |
Amyris, Inc. (b) | 57,217 | 513,236 | |
Anadarko Petroleum Corp. | 994,044 | 64,016,434 | |
Andeavor | 268,435 | 41,014,184 | |
Antero Resources Corp. (a)(b) | 422,093 | 7,812,941 | |
Apache Corp. (a) | 746,316 | 32,711,030 | |
Approach Resources, Inc. (a)(b) | 78,465 | 169,484 | |
Arch Coal, Inc. | 42,349 | 3,755,086 | |
Barnwell Industries, Inc. (b) | 2,847 | 5,552 | |
Bonanza Creek Energy, Inc. (b) | 37,069 | 1,149,139 | |
Cabot Oil & Gas Corp. | 871,957 | 20,778,735 | |
California Resources Corp. (a)(b) | 88,597 | 3,680,319 | |
Callon Petroleum Co. (a)(b) | 420,739 | 4,754,351 | |
Carrizo Oil & Gas, Inc. (b) | 172,025 | 4,166,446 | |
Centennial Resource Development, Inc. Class A (a)(b) | 344,528 | 6,639,055 | |
Cheniere Energy, Inc. (b) | 401,045 | 26,841,942 | |
Chesapeake Energy Corp. (a)(b) | 1,742,599 | 7,719,714 | |
Chevron Corp. | 3,702,458 | 438,593,175 | |
Cimarex Energy Co. | 183,774 | 15,525,228 | |
Clean Energy Fuels Corp. (b) | 297,103 | 817,033 | |
Cloud Peak Energy, Inc. (b) | 152,269 | 359,355 | |
CNX Resources Corp. (b) | 384,888 | 6,135,115 | |
Comstock Resources, Inc. (b) | 24,083 | 233,123 | |
Concho Resources, Inc. (b) | 367,017 | 50,336,382 | |
ConocoPhillips Co. | 2,262,000 | 166,098,660 | |
CONSOL Energy, Inc. (b) | 46,254 | 1,984,297 | |
Contango Oil & Gas Co. (b) | 51,306 | 350,420 | |
Continental Resources, Inc. (a)(b) | 166,423 | 10,975,597 | |
CVR Energy, Inc. | 55,713 | 2,119,880 | |
Delek U.S. Holdings, Inc. | 145,396 | 7,924,082 | |
Denbury Resources, Inc. (a)(b) | 776,911 | 4,327,394 | |
Devon Energy Corp. | 1,010,875 | 43,396,864 | |
Diamondback Energy, Inc. (a) | 190,782 | 23,099,885 | |
Dorian Lpg Ltd. (b) | 58,912 | 448,909 | |
Earthstone Energy, Inc. (b) | 37,545 | 314,627 | |
Eclipse Resources Corp. (a)(b) | 169,538 | 242,439 | |
Energen Corp. (b) | 189,530 | 14,698,052 | |
Energy XXI Gulf Coast, Inc. (b) | 77,532 | 701,665 | |
EOG Resources, Inc. | 1,119,898 | 132,405,541 | |
EP Energy Corp. (a)(b) | 91,298 | 159,772 | |
EQT Corp. | 487,292 | 24,861,638 | |
Evolution Petroleum Corp. | 53,534 | 538,017 | |
Extraction Oil & Gas, Inc. (a)(b) | 258,177 | 2,981,944 | |
Exxon Mobil Corp. | 8,197,875 | 657,223,639 | |
Gastar Exploration, Inc. (a)(b) | 285,601 | 22,591 | |
Gevo, Inc. (b) | 391 | 1,505 | |
Goodrich Petroleum Corp. (b) | 2,143 | 29,981 | |
Green Plains, Inc. | 92,023 | 1,633,408 | |
Gulfport Energy Corp. (b) | 315,474 | 3,709,974 | |
Halcon Resources Corp. (a)(b) | 292,167 | 1,338,125 | |
Hallador Energy Co. | 29,822 | 182,212 | |
Hess Corp. | 507,504 | 34,175,319 | |
Highpoint Resources, Inc. (b) | 185,582 | 1,022,557 | |
HollyFrontier Corp. | 340,082 | 25,342,911 | |
Houston American Energy Corp. (a)(b) | 36,485 | 8,209 | |
International Seaways, Inc. (b) | 72,136 | 1,480,231 | |
Isramco, Inc. (b) | 123 | 14,354 | |
Jagged Peak Energy, Inc. (a)(b) | 69,960 | 924,172 | |
Jones Energy, Inc. (a)(b) | 91,542 | 30,209 | |
Kinder Morgan, Inc. | 3,693,070 | 65,367,339 | |
Kosmos Energy Ltd. (b) | 461,148 | 4,168,778 | |
Laredo Petroleum, Inc. (a)(b) | 240,236 | 1,991,556 | |
Lilis Energy, Inc. (b) | 59,171 | 314,790 | |
Lonestar Resources U.S., Inc. (b) | 34,550 | 314,060 | |
Marathon Oil Corp. | 1,650,620 | 35,504,836 | |
Marathon Petroleum Corp. (a) | 894,111 | 73,576,394 | |
Matador Resources Co. (b) | 204,200 | 6,685,508 | |
Midstates Petroleum Co., Inc. (b) | 45,703 | 531,526 | |
Murphy Oil Corp. | 318,754 | 9,827,186 | |
NACCO Industries, Inc. Class A | 7,854 | 276,068 | |
Newfield Exploration Co. (b) | 385,018 | 10,503,291 | |
Nextdecade Corp. (b) | 29,373 | 199,443 | |
Nine Energy Service, Inc. (b) | 17,673 | 529,837 | |
Noble Energy, Inc. | 938,001 | 27,877,390 | |
Northern Oil & Gas, Inc. (a)(b) | 401,909 | 1,386,586 | |
Oasis Petroleum, Inc. (b) | 513,906 | 6,917,175 | |
Occidental Petroleum Corp. | 1,480,195 | 118,223,175 | |
ONEOK, Inc. | 793,898 | 52,325,817 | |
Overseas Shipholding Group, Inc. (b) | 80,103 | 274,753 | |
Pacific Ethanol, Inc. (b) | 51,285 | 94,877 | |
Panhandle Royalty Co. Class A | 32,305 | 602,488 | |
Par Pacific Holdings, Inc. (b) | 53,028 | 1,076,999 | |
Parsley Energy, Inc. Class A (b) | 491,333 | 13,644,317 | |
PBF Energy, Inc. Class A | 226,592 | 11,764,657 | |
PDC Energy, Inc. (b) | 129,015 | 6,797,800 | |
Peabody Energy Corp. | 196,719 | 8,126,462 | |
Penn Virginia Corp. (b) | 26,001 | 2,312,529 | |
Phillips 66 Co. | 811,254 | 96,141,712 | |
Pioneer Natural Resources Co. | 330,465 | 57,732,236 | |
QEP Resources, Inc. (b) | 446,077 | 4,447,388 | |
Ramaco Resources, Inc. (b) | 3,779 | 30,043 | |
Range Resources Corp. (a) | 439,535 | 7,217,165 | |
Renewable Energy Group, Inc. (a)(b) | 62,786 | 1,692,083 | |
Resolute Energy Corp. (a)(b) | 38,744 | 1,277,002 | |
Rex American Resources Corp. (b) | 10,566 | 851,408 | |
Ring Energy, Inc. (b) | 109,353 | 1,290,365 | |
Sanchez Energy Corp. (a)(b) | 123,254 | 324,158 | |
SandRidge Energy, Inc. (b) | 72,603 | 1,151,484 | |
SemGroup Corp. Class A | 145,251 | 3,515,074 | |
SilverBow Resources, Inc. (b) | 10,559 | 325,851 | |
SM Energy Co. | 199,361 | 5,998,772 | |
Southwestern Energy Co. (a)(b) | 981,701 | 5,517,160 | |
SRC Energy, Inc. (a)(b) | 511,242 | 4,759,663 | |
Talos Energy, Inc. (a)(b) | 44,486 | 1,535,657 | |
Targa Resources Corp. | 423,778 | 23,337,454 | |
Tellurian, Inc. (a)(b) | 177,746 | 1,718,804 | |
Tengasco, Inc. (b) | 1,261 | 1,374 | |
The Williams Companies, Inc. | 2,295,420 | 67,921,478 | |
Torchlight Energy Resources, Inc. (a)(b) | 92,571 | 108,308 | |
TransAtlantic Petroleum Ltd. (b) | 18,382 | 31,801 | |
U.S. Energy Corp. (b) | 2,263 | 2,111 | |
Ultra Petroleum Corp. (a)(b) | 342,191 | 448,270 | |
Uranium Energy Corp. (a)(b) | 246,510 | 421,532 | |
VAALCO Energy, Inc. (b) | 93,861 | 227,144 | |
Valero Energy Corp. | 832,451 | 98,129,324 | |
Vertex Energy, Inc. (b) | 17,824 | 22,815 | |
W&T Offshore, Inc. (b) | 182,009 | 1,232,201 | |
Westwater Resources, Inc. (b) | 2,190 | 482 | |
Whiting Petroleum Corp. (b) | 173,178 | 8,816,492 | |
WildHorse Resource Development Corp. (a)(b) | 44,975 | 977,757 | |
World Fuel Services Corp. | 131,814 | 3,694,746 | |
WPX Energy, Inc. (b) | 763,651 | 14,562,825 | |
Zion Oil & Gas, Inc. (a)(b) | 91,553 | 169,373 | |
2,781,354,715 | |||
TOTAL ENERGY | 3,229,447,104 | ||
FINANCIALS - 14.2% | |||
Banks - 6.3% | |||
1st Source Corp. | 36,318 | 2,033,445 | |
Access National Corp. | 21,459 | 582,397 | |
ACNB Corp. | 3,789 | 135,646 | |
Allegiance Bancshares, Inc. (b) | 20,938 | 932,788 | |
American National Bankshares, Inc. | 2,748 | 113,080 | |
Ameris Bancorp | 90,826 | 4,509,511 | |
Ames National Corp. | 2,652 | 80,223 | |
Arrow Financial Corp. | 18,251 | 718,177 | |
Associated Banc-Corp. | 344,650 | 9,391,713 | |
Atlantic Capital Bancshares, Inc. (b) | 43,769 | 798,784 | |
Banc of California, Inc. | 80,001 | 1,612,020 | |
BancFirst Corp. | 35,422 | 2,259,924 | |
Bancorp, Inc., Delaware (b) | 97,581 | 978,737 | |
BancorpSouth Bank | 160,679 | 5,591,629 | |
Bank of America Corp. | 18,232,836 | 563,941,617 | |
Bank of Commerce Holdings | 29,023 | 374,397 | |
Bank of Hawaii Corp. | 99,587 | 8,278,667 | |
Bank of Marin Bancorp | 9,794 | 863,341 | |
Bank of the Ozarks, Inc. | 240,055 | 9,712,625 | |
BankUnited, Inc. | 207,169 | 8,036,086 | |
Banner Corp. | 61,987 | 3,987,624 | |
Bar Harbor Bankshares | 27,763 | 817,620 | |
BB&T Corp. | 1,511,868 | 78,103,101 | |
BCB Bancorp, Inc. | 17,750 | 263,588 | |
Berkshire Hills Bancorp, Inc. | 73,022 | 3,085,180 | |
Blue Hills Bancorp, Inc. | 49,471 | 1,137,833 | |
BOK Financial Corp. (a) | 55,786 | 5,720,854 | |
Boston Private Financial Holdings, Inc. | 170,375 | 2,461,919 | |
Bridge Bancorp, Inc. | 53,457 | 1,870,995 | |
Brookline Bancorp, Inc., Delaware | 166,351 | 3,019,271 | |
Bryn Mawr Bank Corp. | 36,473 | 1,779,882 | |
Byline Bancorp, Inc. (b) | 33,722 | 769,873 | |
C & F Financial Corp. | 2,353 | 146,592 | |
Cadence Bancorp Class A | 130,194 | 3,677,981 | |
Cambridge Bancorp | 6,912 | 618,831 | |
Camden National Corp. | 25,093 | 1,147,754 | |
Capital City Bank Group, Inc. | 8,375 | 205,355 | |
Carolina Financial Corp. | 39,610 | 1,629,952 | |
Cathay General Bancorp | 153,714 | 6,502,102 | |
CB Financial Services, Inc. | 603 | 19,356 | |
CBTX, Inc. | 7,433 | 271,825 | |
Centerstate Banks of Florida, Inc. | 112,474 | 3,443,954 | |
Central Pacific Financial Corp. | 60,455 | 1,712,690 | |
Central Valley Community Bancorp | 4,570 | 98,758 | |
Century Bancorp, Inc. Class A (non-vtg.) | 1,470 | 104,738 | |
Chemical Financial Corp. | 146,142 | 8,347,631 | |
CIT Group, Inc. | 226,547 | 12,287,909 | |
Citigroup, Inc. | 4,939,098 | 351,861,342 | |
Citizens & Northern Corp. | 8,777 | 245,844 | |
Citizens Financial Group, Inc. | 931,050 | 38,322,018 | |
City Holding Co. | 28,334 | 2,297,321 | |
Civista Bancshares, Inc. (a) | 10,636 | 253,988 | |
CNB Financial Corp., Pennsylvania | 22,243 | 685,752 | |
CoBiz, Inc. | 67,032 | 1,545,088 | |
Columbia Banking Systems, Inc. | 148,473 | 6,272,984 | |
Comerica, Inc. | 326,819 | 31,858,316 | |
Commerce Bancshares, Inc. | 203,445 | 14,456,802 | |
Community Bank System, Inc. | 104,083 | 6,883,009 | |
Community Bankers Trust Corp. (b) | 24,176 | 218,793 | |
Community Financial Corp. | 3,879 | 129,171 | |
Community Trust Bancorp, Inc. | 33,336 | 1,646,798 | |
ConnectOne Bancorp, Inc. | 58,487 | 1,441,705 | |
Cullen/Frost Bankers, Inc. | 121,517 | 13,475,020 | |
Customers Bancorp, Inc. (b) | 55,994 | 1,383,052 | |
CVB Financial Corp. | 206,313 | 4,961,828 | |
Eagle Bancorp, Inc. (b) | 65,114 | 3,506,389 | |
East West Bancorp, Inc. | 276,842 | 17,549,014 | |
Enterprise Bancorp, Inc. | 15,551 | 559,369 | |
Enterprise Financial Services Corp. | 42,931 | 2,417,015 | |
Equity Bancshares, Inc. (b) | 26,482 | 1,074,904 | |
Evans Bancorp, Inc. | 6,302 | 299,660 | |
Farmers & Merchants Bancorp, Inc. | 18,588 | 845,568 | |
Farmers National Banc Corp. | 66,489 | 1,053,851 | |
FCB Financial Holdings, Inc. Class A (b) | 85,791 | 4,443,974 | |
Fidelity Southern Corp. | 39,911 | 969,837 | |
Fifth Third Bancorp | 1,317,810 | 38,783,148 | |
Financial Institutions, Inc. | 23,952 | 773,650 | |
First Bancorp, North Carolina | 56,302 | 2,348,919 | |
First Bancorp, Puerto Rico (b) | 339,786 | 2,973,128 | |
First Bancshares, Inc. | 18,277 | 750,271 | |
First Bank Hamilton New Jersey | 19,927 | 284,956 | |
First Busey Corp. | 89,914 | 2,881,744 | |
First Business Finance Services, Inc. | 4,840 | 107,254 | |
First Choice Bancorp (a) | 11,848 | 321,673 | |
First Citizen Bancshares, Inc. | 17,547 | 8,335,000 | |
First Commonwealth Financial Corp. | 293,672 | 4,919,006 | |
First Community Bancshares, Inc. | 16,138 | 541,753 | |
First Community Corp. | 3,993 | 100,424 | |
First Connecticut Bancorp, Inc. | 24,108 | 764,224 | |
First Financial Bancorp, Ohio | 203,721 | 6,396,839 | |
First Financial Bankshares, Inc. (a) | 141,084 | 8,521,474 | |
First Financial Corp., Indiana | 19,844 | 1,020,974 | |
First Financial Northwest, Inc. | 4,251 | 74,222 | |
First Foundation, Inc. (b) | 55,932 | 904,980 | |
First Hawaiian, Inc. | 172,644 | 5,004,950 | |
First Horizon National Corp. | 627,383 | 11,556,395 | |
First Internet Bancorp | 13,171 | 414,228 | |
First Interstate Bancsystem, Inc. | 47,490 | 2,205,911 | |
First Merchants Corp. | 86,573 | 4,165,893 | |
First Mid-Illinois Bancshares, Inc. | 15,730 | 646,346 | |
First Midwest Bancorp, Inc., Delaware | 205,561 | 5,587,148 | |
First Northwest Bancorp (b) | 5,375 | 89,978 | |
First of Long Island Corp. | 41,744 | 910,019 | |
First Republic Bank | 311,307 | 31,625,678 | |
First United Corp. | 8,652 | 174,338 | |
Flushing Financial Corp. | 54,005 | 1,399,810 | |
FNB Corp., Pennsylvania | 709,792 | 9,546,702 | |
Franklin Financial Network, Inc. (b) | 20,997 | 811,534 | |
Fulton Financial Corp. | 371,843 | 6,767,543 | |
German American Bancorp, Inc. | 39,052 | 1,467,965 | |
Glacier Bancorp, Inc. | 160,846 | 7,347,445 | |
Great Southern Bancorp, Inc. | 24,910 | 1,477,163 | |
Great Western Bancorp, Inc. | 113,857 | 4,957,334 | |
Green Bancorp, Inc. | 56,100 | 1,346,400 | |
Guaranty Bancorp | 49,165 | 1,536,406 | |
Guaranty Bancshares, Inc. Texas | 2,629 | 82,682 | |
Hancock Whitney Corp. | 162,816 | 8,393,165 | |
Hanmi Financial Corp. | 61,810 | 1,613,241 | |
HarborOne Bancorp, Inc. (b) | 47,994 | 945,962 | |
Heartland Financial U.S.A., Inc. | 59,340 | 3,607,872 | |
Heritage Commerce Corp. | 73,335 | 1,161,626 | |
Heritage Financial Corp., Washington | 64,195 | 2,330,279 | |
Hilltop Holdings, Inc. | 152,809 | 3,170,787 | |
Home Bancshares, Inc. | 351,965 | 8,239,501 | |
HomeTrust Bancshares, Inc. (b) | 28,372 | 817,114 | |
Hope Bancorp, Inc. | 265,233 | 4,644,230 | |
Horizon Bancorp, Inc. Indiana | 110,052 | 2,248,362 | |
Howard Bancorp, Inc. (b) | 9,598 | 167,485 | |
Huntington Bancshares, Inc. | 2,130,346 | 34,532,909 | |
IBERIABANK Corp. | 109,468 | 9,485,402 | |
Independent Bank Corp. | 42,453 | 1,059,202 | |
Independent Bank Corp., Massachusetts | 57,790 | 5,264,669 | |
Independent Bank Group, Inc. | 38,579 | 2,671,596 | |
International Bancshares Corp. | 113,872 | 5,334,903 | |
Investar Holding Corp. | 8,384 | 230,141 | |
Investors Bancorp, Inc. | 516,646 | 6,613,069 | |
JPMorgan Chase & Co. | 6,584,233 | 754,421,417 | |
KeyCorp | 2,062,964 | 43,466,651 | |
Lakeland Bancorp, Inc. | 83,017 | 1,602,228 | |
Lakeland Financial Corp. | 50,591 | 2,492,619 | |
LegacyTexas Financial Group, Inc. | 83,607 | 3,868,496 | |
Live Oak Bancshares, Inc. (a) | 47,360 | 1,432,640 | |
Luther Burbank Corp. | 30,837 | 351,542 | |
M&T Bank Corp. | 281,584 | 49,882,606 | |
Macatawa Bank Corp. | 24,767 | 308,844 | |
Mackinac Financial Corp. | 1,739 | 28,433 | |
MB Financial, Inc. | 163,929 | 7,943,999 | |
MBT Financial Corp. | 19,637 | 215,025 | |
Mercantile Bank Corp. | 25,655 | 908,444 | |
Merchants Bancorp/IN | 14,909 | 389,274 | |
Metropolitan Bank Holding Corp. (b) | 4,468 | 184,260 | |
Middlefield Banc Corp. | 407 | 20,187 | |
Midland States Bancorp, Inc. | 35,184 | 1,211,385 | |
Midsouth Bancorp, Inc. | 23,289 | 357,486 | |
MidWestOne Financial Group, Inc. | 15,589 | 522,855 | |
MutualFirst Financial, Inc. | 20,181 | 766,878 | |
National Bank Holdings Corp. | 64,357 | 2,583,934 | |
National Bankshares, Inc. | 6,356 | 292,376 | |
National Commerce Corp. (b) | 28,066 | 1,234,904 | |
NBT Bancorp, Inc. | 92,219 | 3,733,025 | |
Nicolet Bankshares, Inc. (b) | 10,757 | 595,508 | |
Northeast Bancorp | 10,393 | 226,567 | |
Northrim Bancorp, Inc. | 7,659 | 341,208 | |
Norwood Financial Corp. (a) | 7,600 | 298,224 | |
OFG Bancorp (a) | 84,264 | 1,365,077 | |
Ohio Valley Banc Corp. | 4,212 | 177,536 | |
Old Line Bancshares, Inc. | 18,401 | 629,314 | |
Old National Bancorp, Indiana | 272,863 | 5,539,119 | |
Old Point Financial Corp. | 1,881 | 50,035 | |
Old Second Bancorp, Inc. | 47,209 | 729,379 | |
Opus Bank | 31,202 | 884,577 | |
Origin Bancorp, Inc. | 11,465 | 464,562 | |
Orrstown Financial Services, Inc. | 6,508 | 169,533 | |
Pacific Mercantile Bancorp (b) | 10,321 | 104,242 | |
Pacific Premier Bancorp, Inc. (b) | 71,645 | 2,833,560 | |
PacWest Bancorp | 249,776 | 12,611,190 | |
Park National Corp. | 28,727 | 3,164,279 | |
Parke Bancorp, Inc. | 2,161 | 49,811 | |
PCSB Financial Corp. | 61,717 | 1,266,433 | |
Peapack-Gladstone Financial Corp. | 31,072 | 1,038,116 | |
Penns Woods Bancorp, Inc. | 3,854 | 174,509 | |
People's Utah Bancorp | 31,031 | 1,121,771 | |
Peoples Bancorp of North Carolina | 4,241 | 129,435 | |
Peoples Bancorp, Inc. | 36,511 | 1,309,284 | |
Peoples Financial Services Corp. | 12,111 | 556,864 | |
Peoples United Financial, Inc. (a) | 659,838 | 12,213,601 | |
Pinnacle Financial Partners, Inc. | 140,084 | 9,042,422 | |
PNC Financial Services Group, Inc. | 909,698 | 130,578,051 | |
Popular, Inc. | 204,979 | 10,318,643 | |
Preferred Bank, Los Angeles | 26,157 | 1,601,070 | |
Premier Financial Bancorp, Inc. | 6,971 | 135,935 | |
Prosperity Bancshares, Inc. | 133,535 | 9,993,759 | |
QCR Holdings, Inc. | 31,102 | 1,352,937 | |
Regions Financial Corp. | 2,158,623 | 42,006,804 | |
Reliant Bancorp, Inc. | 9,372 | 258,199 | |
Renasant Corp. | 91,081 | 4,252,572 | |
Republic Bancorp, Inc., Kentucky Class A | 18,205 | 884,945 | |
Republic First Bancorp, Inc. (b) | 116,122 | 905,752 | |
S&T Bancorp, Inc. | 72,150 | 3,366,519 | |
Sandy Spring Bancorp, Inc. | 64,813 | 2,527,707 | |
Sb One Bancorp | 5,379 | 149,536 | |
Seacoast Banking Corp., Florida (b) | 89,289 | 2,823,318 | |
ServisFirst Bancshares, Inc. | 88,788 | 3,826,763 | |
Shore Bancshares, Inc. | 8,325 | 156,427 | |
Sierra Bancorp | 11,641 | 345,388 | |
Signature Bank | 106,700 | 12,349,458 | |
Simmons First National Corp. Class A | 162,360 | 5,130,576 | |
SmartFinancial, Inc. (b) | 7,194 | 176,829 | |
South State Corp. | 78,685 | 6,487,578 | |
Southern First Bancshares, Inc. (b) | 5,767 | 239,907 | |
Southern National Bancorp of Virginia, Inc. | 38,866 | 682,098 | |
Southside Bancshares, Inc. | 58,795 | 2,093,102 | |
State Bank Financial Corp. | 77,921 | 2,538,666 | |
Sterling Bancorp | 417,699 | 9,544,422 | |
Stock Yards Bancorp, Inc. | 42,120 | 1,630,044 | |
Summit Financial Group, Inc. | 7,690 | 193,788 | |
SunTrust Banks, Inc. | 895,304 | 65,858,562 | |
SVB Financial Group (b) | 101,960 | 32,907,590 | |
Synovus Financial Corp. | 230,632 | 11,545,438 | |
TCF Financial Corp. | 339,227 | 8,599,404 | |
Texas Capital Bancshares, Inc. (b) | 94,840 | 8,431,276 | |
The Bank of Princeton | 8,000 | 263,200 | |
The First Bancorp, Inc. | 17,759 | 519,984 | |
Tompkins Financial Corp. | 24,657 | 2,166,611 | |
TowneBank | 136,261 | 4,442,109 | |
Trico Bancshares | 52,436 | 2,038,712 | |
TriState Capital Holdings, Inc. (b) | 45,938 | 1,366,656 | |
Triumph Bancorp, Inc. (b) | 42,149 | 1,789,225 | |
Trustmark Corp. | 144,879 | 5,140,307 | |
Two River Bancorp | 3,500 | 59,710 | |
U.S. Bancorp | 3,031,284 | 164,022,777 | |
UMB Financial Corp. | 85,559 | 6,437,459 | |
Umpqua Holdings Corp. | 414,883 | 8,878,496 | |
Union Bankshares Corp. | 104,822 | 4,360,595 | |
Union Bankshares, Inc. | 1,824 | 95,760 | |
United Bankshares, Inc., West Virginia (a) | 204,098 | 8,041,461 | |
United Community Bank, Inc. | 153,700 | 4,663,258 | |
United Security Bancshares, California | 5,985 | 66,434 | |
Unity Bancorp, Inc. | 5,913 | 144,277 | |
Univest Corp. of Pennsylvania | 62,745 | 1,788,233 | |
Valley National Bancorp | 559,166 | 6,737,950 | |
Veritex Holdings, Inc. (b) | 31,035 | 950,292 | |
Washington Trust Bancorp, Inc. | 28,271 | 1,696,260 | |
Webster Financial Corp. | 186,178 | 12,172,318 | |
Wells Fargo & Co. | 8,488,979 | 496,435,492 | |
WesBanco, Inc. | 113,831 | 5,617,560 | |
West Bancorp., Inc. | 59,222 | 1,430,211 | |
Westamerica Bancorp. (a) | 55,111 | 3,528,757 | |
Western Alliance Bancorp. (b) | 198,761 | 11,458,572 | |
Wintrust Financial Corp. | 115,693 | 10,244,615 | |
Zions Bancorporation (a) | 371,767 | 19,811,463 | |
3,662,860,890 | |||
Capital Markets - 2.7% | |||
Affiliated Managers Group, Inc. | 105,675 | 15,438,061 | |
Ameriprise Financial, Inc. | 279,840 | 39,726,086 | |
Arlington Asset Investment Corp. (a) | 57,340 | 583,148 | |
Artisan Partners Asset Management, Inc. | 93,464 | 3,098,332 | |
Ashford, Inc. | 1,254 | 114,603 | |
Associated Capital Group, Inc. | 6,083 | 227,504 | |
B. Riley Financial, Inc. | 27,353 | 626,384 | |
Bank of New York Mellon Corp. | 1,955,270 | 101,967,331 | |
BGC Partners, Inc. Class A | 505,535 | 6,278,745 | |
BlackRock, Inc. Class A | 238,101 | 114,064,665 | |
Blucora, Inc. (b) | 88,148 | 3,190,958 | |
Brighthouse Financial, Inc. (b) | 228,459 | 9,483,333 | |
Cboe Global Markets, Inc. | 218,384 | 22,013,107 | |
Charles Schwab Corp. | 2,323,120 | 117,991,265 | |
CME Group, Inc. | 660,444 | 115,399,380 | |
Cohen & Co., Inc. (a) | 688 | 6,680 | |
Cohen & Steers, Inc. | 44,690 | 1,857,763 | |
Cowen Group, Inc. Class A (a)(b) | 62,267 | 946,458 | |
Diamond Hill Investment Group, Inc. | 6,333 | 1,181,674 | |
E*TRADE Financial Corp. (b) | 503,457 | 29,633,479 | |
Eaton Vance Corp. (non-vtg.) | 232,580 | 12,263,943 | |
Evercore, Inc. Class A | 78,707 | 8,354,748 | |
FactSet Research Systems, Inc. | 74,889 | 17,178,788 | |
Federated Investors, Inc. Class B (non-vtg.) | 183,966 | 4,260,653 | |
Franklin Resources, Inc. | 629,432 | 19,978,172 | |
Gain Capital Holdings, Inc. | 33,946 | 250,182 | |
GAMCO Investors, Inc. Class A | 6,919 | 178,856 | |
Goldman Sachs Group, Inc. | 679,048 | 161,484,405 | |
Great Elm Capital Group, Inc. (b) | 8,360 | 25,916 | |
Greenhill & Co., Inc. | 46,751 | 1,285,653 | |
Hamilton Lane, Inc. Class A | 41,047 | 2,002,273 | |
Houlihan Lokey | 64,542 | 3,035,410 | |
Interactive Brokers Group, Inc. | 140,548 | 8,736,464 | |
IntercontinentalExchange, Inc. | 1,120,668 | 85,428,522 | |
INTL FCStone, Inc. (b) | 29,684 | 1,655,180 | |
Invesco Ltd. | 799,281 | 19,262,672 | |
Investment Technology Group, Inc. | 64,820 | 1,418,262 | |
Janus Henderson Group PLC | 347,666 | 9,821,565 | |
Ladenburg Thalmann Financial Services, Inc. | 156,020 | 538,269 | |
Lazard Ltd. Class A | 257,133 | 12,378,383 | |
Legg Mason, Inc. | 170,788 | 5,328,586 | |
LPL Financial | 171,304 | 11,347,177 | |
Manning & Napier, Inc. Class A | 21,800 | 63,220 | |
MarketAxess Holdings, Inc. | 73,407 | 13,934,117 | |
Moelis & Co. Class A | 94,020 | 5,457,861 | |
Moody's Corp. | 324,244 | 57,721,917 | |
Morgan Stanley | 2,628,148 | 128,332,467 | |
Morningstar, Inc. | 38,287 | 5,449,006 | |
MSCI, Inc. | 171,311 | 30,880,521 | |
Northern Trust Corp. | 409,432 | 43,997,563 | |
Oppenheimer Holdings, Inc. Class A (non-vtg.) | 19,317 | 602,690 | |
Piper Jaffray Companies | 27,505 | 2,117,885 | |
PJT Partners, Inc. | 43,421 | 2,514,944 | |
Pzena Investment Management, Inc. | 7,036 | 63,887 | |
Raymond James Financial, Inc. | 249,930 | 23,253,487 | |
S&P Global, Inc. | 485,690 | 100,562,115 | |
Safeguard Scientifics, Inc. (b) | 29,758 | 306,507 | |
SEI Investments Co. | 261,551 | 16,498,637 | |
Silvercrest Asset Management Group Class A | 6,008 | 95,227 | |
State Street Corp. | 709,528 | 61,665,078 | |
Stifel Financial Corp. | 140,452 | 7,847,053 | |
T. Rowe Price Group, Inc. | 466,817 | 54,099,422 | |
TD Ameritrade Holding Corp. | 528,722 | 30,967,248 | |
The NASDAQ OMX Group, Inc. | 225,473 | 21,519,143 | |
TheStreet.com, Inc. (b) | 3,696 | 7,725 | |
U.S. Global Investments, Inc. Class A | 7,637 | 12,372 | |
Virtu Financial, Inc. Class A | 124,113 | 2,705,663 | |
Virtus Investment Partners, Inc. | 12,698 | 1,638,042 | |
Waddell & Reed Financial, Inc. Class A (a) | 156,809 | 3,139,316 | |
Westwood Holdings Group, Inc. | 13,598 | 782,293 | |
WisdomTree Investments, Inc. | 238,661 | 1,961,793 | |
1,588,240,234 | |||
Consumer Finance - 0.8% | |||
Ally Financial, Inc. | 819,334 | 22,023,698 | |
American Express Co. | 1,386,151 | 146,904,283 | |
Asta Funding, Inc. (b) | 4,468 | 16,532 | |
Atlanticus Holdings Corp. (b) | 35,598 | 100,386 | |
Capital One Financial Corp. | 939,357 | 93,080,885 | |
Consumer Portfolio Services, Inc. (b) | 11,930 | 46,050 | |
Credit Acceptance Corp. (a)(b) | 24,306 | 11,100,793 | |
CURO Group Holdings Corp. (b) | 18,059 | 557,301 | |
Discover Financial Services | 677,916 | 52,958,798 | |
Elevate Credit, Inc. (b) | 22,390 | 209,570 | |
Encore Capital Group, Inc. (a)(b) | 60,800 | 2,356,000 | |
Enova International, Inc. (b) | 64,170 | 2,130,444 | |
EZCORP, Inc. (non-vtg.) Class A (a)(b) | 105,107 | 1,166,688 | |
First Cash Financial Services, Inc. | 90,535 | 7,360,496 | |
Green Dot Corp. Class A (b) | 90,601 | 7,761,788 | |
Imperial Holdings, Inc. warrants 4/11/19 (b) | 1,880 | 0 | |
LendingClub Corp. (a)(b) | 748,051 | 2,700,464 | |
Navient Corp. | 516,185 | 7,040,763 | |
Nelnet, Inc. Class A | 39,295 | 2,265,357 | |
Nicholas Financial, Inc. (b) | 5,705 | 67,148 | |
OneMain Holdings, Inc. (b) | 149,135 | 5,473,255 | |
PRA Group, Inc. (a)(b) | 88,617 | 3,238,951 | |
Regional Management Corp. (b) | 15,900 | 529,947 | |
Santander Consumer U.S.A. Holdings, Inc. | 224,182 | 4,837,848 | |
SLM Corp. (b) | 852,196 | 9,987,737 | |
Synchrony Financial | 1,357,490 | 42,991,708 | |
World Acceptance Corp. (b) | 10,919 | 1,295,103 | |
428,201,993 | |||
Diversified Financial Services - 1.4% | |||
Acushnet Holdings Corp. | 81,949 | 2,216,720 | |
Alteryx, Inc. (a)(b) | 48,068 | 2,790,347 | |
AXA Equitable Holdings, Inc. (a) | 268,738 | 6,167,537 | |
Berkshire Hathaway, Inc. Class B (b) | 3,717,453 | 775,906,790 | |
Cannae Holdings, Inc. (b) | 143,529 | 2,790,204 | |
Columbia Financial, Inc. | 137,378 | 2,325,810 | |
ConvergeOne Holdings, Inc. | 64,014 | 585,088 | |
Donnelley Financial Solutions, Inc. (b) | 71,378 | 1,491,086 | |
FB Financial Corp. | 34,670 | 1,524,787 | |
FGL Holdings Class A (a)(b) | 329,409 | 2,869,152 | |
Granite Point Mortgage Trust, Inc. | 74,859 | 1,432,801 | |
Jefferies Financial Group, Inc. | 592,981 | 13,769,019 | |
Marlin Business Services Corp. | 14,103 | 403,346 | |
On Deck Capital, Inc. (b) | 74,269 | 610,491 | |
Rafael Holdings, Inc. (b) | 22,382 | 210,838 | |
RBB Bancorp | 9,470 | 271,316 | |
Sachem Capital Corp. | 200 | 848 | |
Senseonics Holdings, Inc. (a)(b) | 167,851 | 684,832 | |
Victory Capital Holdings, Inc. (b) | 5,281 | 52,176 | |
Voya Financial, Inc. | 317,767 | 15,910,594 | |
832,013,782 | |||
Insurance - 2.6% | |||
AFLAC, Inc. | 1,487,544 | 68,784,035 | |
Alleghany Corp. | 30,712 | 19,403,227 | |
Allstate Corp. | 674,538 | 67,838,287 | |
AMBAC Financial Group, Inc. (b) | 94,134 | 1,989,051 | |
American Equity Investment Life Holding Co. | 169,504 | 6,286,903 | |
American Financial Group, Inc. | 132,219 | 14,723,908 | |
American International Group, Inc. | 1,739,360 | 92,481,771 | |
American National Insurance Co. | 20,619 | 2,646,242 | |
Amerisafe, Inc. | 34,393 | 2,194,273 | |
AmTrust Financial Services, Inc. | 184,814 | 2,687,196 | |
Aon PLC | 475,274 | 69,180,883 | |
Arch Capital Group Ltd. (b) | 784,551 | 23,983,724 | |
Argo Group International Holdings, Ltd. | 67,203 | 4,280,831 | |
Arthur J. Gallagher & Co. | 353,316 | 25,488,216 | |
Aspen Insurance Holdings Ltd. | 121,428 | 4,996,762 | |
Assurant, Inc. | 101,576 | 10,444,044 | |
Assured Guaranty Ltd. | 219,846 | 8,956,526 | |
Athene Holding Ltd. (b) | 241,964 | 12,015,932 | |
Atlas Financial Holdings, Inc. (b) | 9,356 | 95,899 | |
Axis Capital Holdings Ltd. | 162,387 | 9,340,500 | |
Brown & Brown, Inc. | 445,039 | 13,564,789 | |
Chubb Ltd. | 901,422 | 121,908,311 | |
Cincinnati Financial Corp. | 296,401 | 22,725,065 | |
Citizens, Inc. Class A (a)(b) | 65,561 | 550,712 | |
CNA Financial Corp. | 74,168 | 3,330,143 | |
CNO Financial Group, Inc. | 338,474 | 7,314,423 | |
Crawford & Co. Class B | 31,537 | 275,003 | |
Donegal Group, Inc. Class A | 8,008 | 115,716 | |
eHealth, Inc. (b) | 29,798 | 869,804 | |
EMC Insurance Group | 9,582 | 246,066 | |
Employers Holdings, Inc. | 65,170 | 2,988,045 | |
Enstar Group Ltd. (b) | 22,560 | 4,816,560 | |
Erie Indemnity Co. Class A | 43,603 | 5,386,279 | |
Everest Re Group Ltd. | 78,647 | 17,539,854 | |
FBL Financial Group, Inc. Class A | 19,372 | 1,575,912 | |
Fednat Holding Co. | 19,431 | 511,035 | |
First American Financial Corp. | 219,174 | 12,462,234 | |
FNF Group | 535,809 | 21,485,941 | |
Genworth Financial, Inc. Class A (b) | 956,877 | 4,449,478 | |
Global Indemnity Ltd. | 13,709 | 540,546 | |
Greenlight Capital Re, Ltd. (b) | 60,650 | 779,353 | |
Hallmark Financial Services, Inc. (b) | 10,337 | 116,085 | |
Hanover Insurance Group, Inc. | 83,897 | 10,276,544 | |
Hartford Financial Services Group, Inc. | 689,332 | 34,721,653 | |
HCI Group, Inc. | 13,167 | 533,264 | |
Health Insurance Innovations, Inc. (a)(b) | 22,858 | 1,209,188 | |
Heritage Insurance Holdings, Inc. | 60,181 | 881,652 | |
Horace Mann Educators Corp. | 79,807 | 3,695,064 | |
Independence Holding Co. | 16,014 | 564,494 | |
Investors Title Co. | 1,743 | 338,142 | |
James River Group Holdings Ltd. | 60,694 | 2,485,419 | |
Kemper Corp. | 120,550 | 9,806,743 | |
Kingstone Companies, Inc. | 9,045 | 167,785 | |
Kinsale Capital Group, Inc. | 39,379 | 2,393,062 | |
Lincoln National Corp. | 425,807 | 27,924,423 | |
Loews Corp. | 504,188 | 25,365,698 | |
Maiden Holdings Ltd. | 125,108 | 475,410 | |
Markel Corp. (b) | 27,302 | 33,002,658 | |
Marsh & McLennan Companies, Inc. | 978,782 | 82,834,321 | |
MBIA, Inc. (a)(b) | 208,068 | 2,136,858 | |
Mercury General Corp. | 75,263 | 4,056,676 | |
MetLife, Inc. | 1,961,314 | 90,004,699 | |
National General Holdings Corp. | 122,077 | 3,333,923 | |
National Western Life Group, Inc. | 4,567 | 1,488,614 | |
Navigators Group, Inc. | 43,776 | 3,064,320 | |
NI Holdings, Inc. (b) | 13,749 | 232,083 | |
Old Republic International Corp. | 496,118 | 11,003,897 | |
Primerica, Inc. | 84,609 | 10,343,450 | |
Principal Financial Group, Inc. | 513,933 | 28,363,962 | |
ProAssurance Corp. | 109,792 | 5,308,443 | |
Progressive Corp. | 1,119,628 | 75,608,479 | |
Protective Insurance Corp. Class B | 12,738 | 299,343 | |
Prudential Financial, Inc. | 810,829 | 79,663,949 | |
Reinsurance Group of America, Inc. | 124,322 | 17,759,398 | |
RenaissanceRe Holdings Ltd. | 80,100 | 10,650,096 | |
RLI Corp. | 76,037 | 5,852,568 | |
Safety Insurance Group, Inc. | 29,545 | 2,857,002 | |
Selective Insurance Group, Inc. | 116,319 | 7,467,680 | |
State Auto Financial Corp. | 27,464 | 862,095 | |
Stewart Information Services Corp. | 44,220 | 1,980,172 | |
The Travelers Companies, Inc. | 520,356 | 68,478,850 | |
Third Point Reinsurance Ltd. (b) | 151,089 | 2,024,593 | |
Tiptree, Inc. | 33,155 | 215,508 | |
Torchmark Corp. | 199,059 | 17,501,267 | |
Trupanion, Inc. (a)(b) | 42,348 | 1,617,270 | |
United Fire Group, Inc. | 40,895 | 2,025,529 | |
United Insurance Holdings Corp. | 34,862 | 726,175 | |
Universal Insurance Holdings, Inc. | 62,678 | 2,795,439 | |
Unum Group | 430,125 | 15,863,010 | |
W.R. Berkley Corp. | 186,079 | 14,562,543 | |
White Mountains Insurance Group Ltd. | 5,823 | 5,403,453 | |
Willis Group Holdings PLC | 253,154 | 37,281,990 | |
XL Group Ltd. | 494,933 | 28,404,205 | |
1,487,282,623 | |||
Mortgage Real Estate Investment Trusts - 0.2% | |||
AG Mortgage Investment Trust, Inc. | 51,250 | 963,500 | |
AGNC Investment Corp. | 902,240 | 17,160,605 | |
American Capital Mortgage Investment Corp. | 77,847 | 1,525,801 | |
Annaly Capital Management, Inc. | 2,223,022 | 23,608,494 | |
Anworth Mortgage Asset Corp. | 251,516 | 1,227,398 | |
Apollo Commercial Real Estate Finance, Inc. | 198,735 | 3,861,421 | |
Arbor Realty Trust, Inc. (a) | 149,308 | 1,830,516 | |
Ares Commercial Real Estate Corp. | 44,112 | 644,917 | |
Armour Residential REIT, Inc. | 78,889 | 1,855,469 | |
Blackstone Mortgage Trust, Inc. (a) | 218,615 | 7,446,027 | |
Capstead Mortgage Corp. | 189,470 | 1,591,548 | |
Cherry Hill Mortgage Investment Corp. | 12,023 | 223,628 | |
Chimera Investment Corp. | 389,423 | 7,254,950 | |
Dynex Capital, Inc. | 127,368 | 816,429 | |
Ellington Residential Mortgage REIT | 15,540 | 183,683 | |
Exantas Capital Corp. | 55,796 | 661,183 | |
Great Ajax Corp. | 20,136 | 274,655 | |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. (a) | 96,779 | 2,086,555 | |
Hunt Companies Finance Trust I (a) | 6,106 | 21,921 | |
Invesco Mortgage Capital, Inc. | 207,984 | 3,375,580 | |
KKR Real Estate Finance Trust, Inc. | 61,897 | 1,312,216 | |
Ladder Capital Corp. Class A | 204,015 | 3,543,741 | |
MFA Financial, Inc. | 890,541 | 6,821,544 | |
New Residential Investment Corp. | 635,458 | 11,800,455 | |
New York Mortgage Trust, Inc. (a) | 227,021 | 1,452,934 | |
Orchid Island Capital, Inc. (a) | 113,192 | 898,744 | |
Owens Realty Mortgage, Inc. (a) | 54,252 | 895,158 | |
PennyMac Mortgage Investment Trust | 137,871 | 2,754,663 | |
Redwood Trust, Inc. | 147,922 | 2,511,716 | |
Starwood Property Trust, Inc. | 508,786 | 11,208,556 | |
Two Harbors Investment Corp. | 468,829 | 7,323,109 | |
Western Asset Mortgage Capital Corp. | 88,849 | 988,889 | |
ZAIS Financial Corp. | 18,554 | 318,201 | |
128,444,206 | |||
Real Estate Management & Development - 0.0% | |||
The RMR Group, Inc. | 12,871 | 1,215,666 | |
Thrifts & Mortgage Finance - 0.2% | |||
BankFinancial Corp. | 19,300 | 307,835 | |
Beneficial Bancorp, Inc. | 178,014 | 3,133,046 | |
BofI Holding, Inc. (a)(b) | 104,951 | 3,908,375 | |
BSB Bancorp, Inc. (b) | 6,958 | 231,701 | |
Capitol Federal Financial, Inc. | 317,152 | 4,189,578 | |
Charter Financial Corp.�� | 26,857 | 669,008 | |
Coastway Bancorp, Inc. (b) | 4,955 | 137,501 | |
Dime Community Bancshares, Inc. | 65,979 | 1,197,519 | |
Entegra Financial Corp. (b) | 3,030 | 83,325 | |
ESSA Bancorp, Inc. | 4,298 | 69,112 | |
Essent Group Ltd. (b) | 166,676 | 7,227,071 | |
Farmer Mac Class C (non-vtg.) | 19,331 | 1,489,840 | |
First Defiance Financial Corp. | 36,462 | 1,166,419 | |
Flagstar Bancorp, Inc. (b) | 55,871 | 1,846,537 | |
FS Bancorp, Inc. | 3,111 | 181,465 | |
Hingham Institution for Savings | 2,103 | 456,372 | |
Home Bancorp, Inc. | 8,218 | 375,974 | |
HomeStreet, Inc. (b) | 54,010 | 1,590,595 | |
Impac Mortgage Holdings, Inc. (a)(b) | 22,924 | 171,472 | |
Kearny Financial Corp. | 223,951 | 3,068,129 | |
Lendingtree, Inc. (a)(b) | 15,340 | 3,886,389 | |
Malvern Bancorp, Inc. (a)(b) | 6,089 | 149,789 | |
Meridian Bancorp, Inc. Maryland | 112,706 | 2,017,437 | |
Meta Financial Group, Inc. | 16,728 | 1,448,645 | |
MGIC Investment Corp. (b) | 722,209 | 9,186,498 | |
New York Community Bancorp, Inc. (a) | 991,185 | 10,675,062 | |
NMI Holdings, Inc. (b) | 118,639 | 2,562,602 | |
Northfield Bancorp, Inc. | 77,835 | 1,267,154 | |
Northwest Bancshares, Inc. | 218,925 | 3,988,814 | |
OceanFirst Financial Corp. | 74,436 | 2,173,531 | |
Ocwen Financial Corp. (b) | 226,819 | 948,103 | |
Oritani Financial Corp. | 122,108 | 1,978,150 | |
PennyMac Financial Services, Inc. | 43,564 | 921,379 | |
PHH Corp. (b) | 94,843 | 1,029,047 | |
Poage Bankshares, Inc. | 2,365 | 62,318 | |
Provident Financial Holdings, Inc. | 3,066 | 56,414 | |
Provident Financial Services, Inc. | 132,445 | 3,341,587 | |
Radian Group, Inc. | 410,077 | 8,336,865 | |
Riverview Bancorp, Inc. | 10,064 | 99,130 | |
Security National Financial Corp. Class A | 12,342 | 64,796 | |
SI Financial Group, Inc. | 5,231 | 72,449 | |
Southern Missouri Bancorp, Inc. | 5,377 | 215,080 | |
Sterling Bancorp, Inc. | 29,919 | 366,508 | |
Territorial Bancorp, Inc. | 13,244 | 395,731 | |
TFS Financial Corp. | 199,797 | 3,084,866 | |
Timberland Bancorp, Inc. | 5,712 | 202,833 | |
Trustco Bank Corp., New York | 182,946 | 1,692,251 | |
United Community Financial Corp. | 86,143 | 891,580 | |
United Financial Bancorp, Inc. New | 98,895 | 1,757,364 | |
Walker & Dunlop, Inc. | 62,162 | 3,387,829 | |
Washington Federal, Inc. | 184,491 | 6,291,143 | |
Waterstone Financial, Inc. | 43,917 | 742,197 | |
Westfield Financial, Inc. | 33,310 | 354,752 | |
WMI Holdings Corp. (b) | 665,894 | 1,005,500 | |
WSFS Financial Corp. | 63,718 | 3,109,438 | |
109,264,105 | |||
TOTAL FINANCIALS | 8,237,523,499 | ||
HEALTH CARE - 14.2% | |||
Biotechnology - 3.0% | |||
AbbVie, Inc. | 2,937,285 | 281,920,614 | |
Abeona Therapeutics, Inc. (a)(b) | 62,198 | 957,849 | |
ACADIA Pharmaceuticals, Inc. (a)(b) | 184,318 | 2,621,002 | |
Acceleron Pharma, Inc. (b) | 75,443 | 4,075,431 | |
Achaogen, Inc. (a)(b) | 54,118 | 286,284 | |
Achillion Pharmaceuticals, Inc. (b) | 264,408 | 912,208 | |
Acorda Therapeutics, Inc. (b) | 101,836 | 2,932,877 | |
Actinium Pharmaceuticals, Inc. (b) | 38,656 | 24,740 | |
Adamas Pharmaceuticals, Inc. (a)(b) | 38,351 | 883,224 | |
ADMA Biologics, Inc. (b) | 34,956 | 223,369 | |
Aduro Biotech, Inc. (a)(b) | 81,702 | 604,595 | |
Advaxis, Inc. (b) | 48,573 | 70,431 | |
Adverum Biotechnologies, Inc. (b) | 72,964 | 554,526 | |
Aeglea BioTherapeutics, Inc. (a)(b) | 26,323 | 287,710 | |
Aevi Genomic Medicine, Inc. (b) | 41,669 | 52,086 | |
Agenus, Inc. (a)(b) | 138,167 | 305,349 | |
Agios Pharmaceuticals, Inc. (a)(b) | 97,937 | 7,905,475 | |
Aimmune Therapeutics, Inc. (b) | 78,694 | 2,196,350 | |
Akebia Therapeutics, Inc. (b) | 89,194 | 732,283 | |
Albireo Pharma, Inc. (b) | 13,977 | 483,325 | |
Alder Biopharmaceuticals, Inc. (a)(b) | 108,499 | 1,963,832 | |
Aldeyra Therapeutics, Inc. (b) | 22,510 | 190,210 | |
Alexion Pharmaceuticals, Inc. (b) | 431,789 | 52,781,887 | |
Alkermes PLC (a)(b) | 298,449 | 13,382,453 | |
Allena Pharmaceuticals, Inc. (b) | 8,811 | 96,040 | |
Alnylam Pharmaceuticals, Inc. (b) | 164,063 | 20,125,608 | |
Alpine Immune Sciences, Inc. (b) | 12,084 | 81,204 | |
Altimmune, Inc. (a)(b) | 5,138 | 1,644 | |
AMAG Pharmaceuticals, Inc. (a)(b) | 66,217 | 1,615,695 | |
Amgen, Inc. | 1,291,967 | 258,147,926 | |
Amicus Therapeutics, Inc. (a)(b) | 366,758 | 4,943,898 | |
AnaptysBio, Inc. (b) | 27,845 | 2,468,181 | |
Anavex Life Sciences Corp. (a)(b) | 69,965 | 186,807 | |
Apellis Pharmaceuticals, Inc. (b) | 66,063 | 1,278,980 | |
Applied Genetic Technologies Corp. (b) | 14,097 | 62,732 | |
Aptevo Therapeutics, Inc. (b) | 25,681 | 141,759 | |
AquaBounty Technologies, Inc. (b) | 1,372 | 4,061 | |
Aquinox Pharmaceuticals, Inc. (b) | 41,529 | 129,570 | |
Arcus Biosciences, Inc. (a) | 6,872 | 98,957 | |
Ardelyx, Inc. (b) | 110,323 | 474,389 | |
Arena Pharmaceuticals, Inc. (b) | 95,520 | 3,709,997 | |
ArQule, Inc. (b) | 197,124 | 1,306,932 | |
Array BioPharma, Inc. (b) | 398,574 | 6,205,797 | |
Arrowhead Pharmaceuticals, Inc. (a)(b) | 177,530 | 2,620,343 | |
Arsanis, Inc. (b) | 8,493 | 19,449 | |
Asterias Biotherapeutics, Inc. (a)(b) | 24,436 | 37,876 | |
Atara Biotherapeutics, Inc. (a)(b) | 89,519 | 3,665,803 | |
Athersys, Inc. (a)(b) | 261,347 | 538,375 | |
aTyr Pharma, Inc. (b) | 6,529 | 4,713 | |
Audentes Therapeutics, Inc. (b) | 53,376 | 1,942,886 | |
AVEO Pharmaceuticals, Inc. (a)(b) | 164,980 | 493,290 | |
Avid Bioservices, Inc. (b) | 85,182 | 623,532 | |
Bellicum Pharmaceuticals, Inc. (a)(b) | 75,895 | 548,721 | |
Biocept, Inc. (b) | 2,199 | 7,740 | |
BioCryst Pharmaceuticals, Inc. (a)(b) | 198,969 | 1,424,618 | |
Biogen, Inc. (b) | 408,820 | 144,513,782 | |
Biohaven Pharmaceutical Holding Co. Ltd. (a)(b) | 57,394 | 2,172,937 | |
BioMarin Pharmaceutical, Inc. (b) | 340,364 | 34,029,593 | |
Biospecifics Technologies Corp. (b) | 19,816 | 1,062,930 | |
BioTime, Inc. (a)(b) | 346,441 | 952,713 | |
bluebird bio, Inc. (a)(b) | 102,592 | 17,266,234 | |
Blueprint Medicines Corp. (b) | 74,628 | 5,721,729 | |
BrainStorm Cell Therpeutic, Inc. (a)(b) | 15,396 | 60,968 | |
Calithera Biosciences, Inc. (b) | 45,690 | 249,011 | |
Calyxt, Inc. (a)(b) | 10,855 | 183,775 | |
Cancer Genetics, Inc. (a)(b) | 9,725 | 8,805 | |
Capricor Therapeutics, Inc. (a)(b) | 31,524 | 38,144 | |
Cara Therapeutics, Inc. (a)(b) | 69,866 | 1,409,197 | |
CareDx, Inc. (b) | 60,104 | 1,461,128 | |
CASI Pharmaceuticals, Inc. (b) | 84,183 | 585,072 | |
Catalyst Biosciences, Inc. (b) | 23,199 | 253,565 | |
Catalyst Pharmaceutical Partners, Inc. (b) | 206,783 | 696,859 | |
Cel-Sci Corp. (a)(b) | 25,753 | 69,018 | |
Celcuity, Inc. (b) | 1,151 | 28,453 | |
Celgene Corp. (b) | 1,365,300 | 128,952,585 | |
Celldex Therapeutics, Inc. (b) | 215,095 | 107,978 | |
Cellular Biomedicine Group, Inc. (a)(b) | 19,712 | 418,880 | |
Celsion Corp. (b) | 10,668 | 30,404 | |
ChemoCentryx, Inc. (b) | 36,062 | 475,297 | |
Chimerix, Inc. (b) | 63,824 | 254,658 | |
Cidara Therapeutics, Inc. (a)(b) | 11,887 | 50,520 | |
Cleveland Biolabs, Inc. (a)(b) | 1,776 | 3,392 | |
Clovis Oncology, Inc. (b) | 98,725 | 3,529,419 | |
Co.-Diagnostics, Inc. (b) | 7,929 | 25,214 | |
CohBar, Inc. (a)(b) | 86,892 | 455,314 | |
Coherus BioSciences, Inc. (b) | 100,702 | 2,029,145 | |
Conatus Pharmaceuticals, Inc. (a)(b) | 36,543 | 205,006 | |
Concert Pharmaceuticals, Inc. (b) | 25,754 | 406,141 | |
Corbus Pharmaceuticals Holdings, Inc. (a)(b) | 97,055 | 567,772 | |
Corvus Pharmaceuticals, Inc. (b) | 20,017 | 219,386 | |
CTI BioPharma Corp. (b) | 94,910 | 178,431 | |
Cue Biopharma, Inc. (a)(b) | 17,423 | 167,609 | |
Curis, Inc. (b) | 35,800 | 60,860 | |
Cyclacel Pharmaceuticals, Inc. (b) | 960 | 1,469 | |
Cytokinetics, Inc. (b) | 89,621 | 708,006 | |
CytomX Therapeutics, Inc. (b) | 82,255 | 1,849,915 | |
Cytori Therapeutics, Inc. (a)(b) | 1,078 | 563 | |
CytRx Corp. (a)(b) | 40,644 | 45,928 | |
Deciphera Pharmaceuticals, Inc. (a)(b) | 27,445 | 1,015,191 | |
Denali Therapeutics, Inc. (a)(b) | 28,737 | 564,107 | |
Dicerna Pharmaceuticals, Inc. (b) | 41,758 | 661,864 | |
Dyax Corp. rights 12/31/19 (b)(c) | 200,675 | 802,700 | |
Dynavax Technologies Corp. (a)(b) | 101,676 | 1,408,213 | |
Eagle Pharmaceuticals, Inc. (a)(b) | 14,894 | 1,029,622 | |
Edge Therapeutics, Inc. (b) | 50,398 | 44,854 | |
Editas Medicine, Inc. (a)(b) | 75,932 | 2,492,848 | |
Eiger Biopharmaceuticals, Inc. (b) | 19,778 | 255,136 | |
Emergent BioSolutions, Inc. (b) | 74,721 | 4,632,702 | |
Enanta Pharmaceuticals, Inc. (b) | 29,541 | 2,686,163 | |
Epizyme, Inc. (a)(b) | 93,334 | 1,101,341 | |
Esperion Therapeutics, Inc. (a)(b) | 38,782 | 1,919,321 | |
Exact Sciences Corp. (a)(b) | 238,198 | 17,838,648 | |
Exelixis, Inc. (b) | 539,055 | 10,128,843 | |
Fate Therapeutics, Inc. (a)(b) | 88,933 | 1,146,346 | |
Fibrocell Science, Inc. (a)(b) | 2,592 | 5,132 | |
FibroGen, Inc. (b) | 152,796 | 9,343,475 | |
Five Prime Therapeutics, Inc. (b) | 76,988 | 1,077,832 | |
Flexion Therapeutics, Inc. (a)(b) | 70,183 | 1,607,191 | |
Fortress Biotech, Inc. (a)(b) | 43,908 | 86,499 | |
Galectin Therapeutics, Inc. (a)(b) | 56,076 | 362,812 | |
Genocea Biosciences, Inc. (a)(b) | 59,471 | 38,061 | |
Genomic Health, Inc. (b) | 39,004 | 2,385,875 | |
GenVec, Inc. rights (b)(c) | 814 | 0 | |
Geron Corp. (a)(b) | 355,017 | 2,034,247 | |
Gilead Sciences, Inc. | 2,521,527 | 190,955,240 | |
Global Blood Therapeutics, Inc. (a)(b) | 93,955 | 4,599,097 | |
GlycoMimetics, Inc. (a)(b) | 63,039 | 927,934 | |
GTx, Inc. (b) | 20,485 | 490,001 | |
Halozyme Therapeutics, Inc. (a)(b) | 263,841 | 4,857,313 | |
Heat Biologics, Inc. (b) | 27,222 | 56,077 | |
Hemispherx Biopharma, Inc. (b) | 10,898 | 2,997 | |
Heron Therapeutics, Inc. (b) | 138,379 | 5,334,510 | |
Homology Medicines, Inc. (a)(b) | 23,470 | 390,776 | |
iBio, Inc. (a)(b) | 4,036 | 3,349 | |
Idera Pharmaceuticals, Inc. (a)(b) | 39,263 | 410,691 | |
Immune Design Corp. (b) | 68,872 | 261,714 | |
ImmunoCellular Therapeutics Ltd. (b) | 1,048 | 246 | |
ImmunoGen, Inc. (a)(b) | 279,867 | 2,851,845 | |
Immunomedics, Inc. (a)(b) | 306,809 | 8,210,209 | |
Incyte Corp. (b) | 343,065 | 25,355,934 | |
Infinity Pharmaceuticals, Inc. (a)(b) | 82,811 | 187,153 | |
Inovio Pharmaceuticals, Inc. (a)(b) | 153,711 | 808,520 | |
Insmed, Inc. (a)(b) | 145,963 | 2,909,043 | |
Insys Therapeutics, Inc. (a)(b) | 45,156 | 422,209 | |
Intellia Therapeutics, Inc. (a)(b) | 43,137 | 1,334,227 | |
Intercept Pharmaceuticals, Inc. (a)(b) | 39,366 | 4,401,119 | |
Intrexon Corp. (a)(b) | 138,526 | 2,130,530 | |
Invitae Corp. (b) | 122,521 | 1,814,536 | |
Ionis Pharmaceuticals, Inc. (a)(b) | 264,796 | 12,098,529 | |
Iovance Biotherapeutics, Inc. (b) | 176,766 | 3,128,758 | |
Ironwood Pharmaceuticals, Inc. Class A (a)(b) | 274,281 | 5,277,166 | |
IsoRay, Inc. (b) | 57,047 | 29,180 | |
ITUS Corp. (b) | 25,229 | 96,122 | |
Jounce Therapeutics, Inc. (a)(b) | 10,322 | 81,028 | |
Kadmon Holdings, Inc. (b) | 207,825 | 895,726 | |
Kalvista Pharmaceuticals, Inc. (b) | 508 | 8,636 | |
Karyopharm Therapeutics, Inc. (b) | 92,956 | 1,956,724 | |
Keryx Biopharmaceuticals, Inc. (a)(b) | 230,453 | 785,845 | |
Kindred Biosciences, Inc. (b) | 55,110 | 821,139 | |
Krystal Biotech, Inc. | 3,314 | 54,383 | |
Kura Oncology, Inc. (a)(b) | 53,689 | 1,100,625 | |
La Jolla Pharmaceutical Co. (a)(b) | 42,577 | 980,974 | |
Leap Therapeutics, Inc. (b) | 2,828 | 20,842 | |
Lexicon Pharmaceuticals, Inc. (a)(b) | 97,066 | 1,123,054 | |
Ligand Pharmaceuticals, Inc. Class B (a)(b) | 41,449 | 10,763,891 | |
Loxo Oncology, Inc. (a)(b) | 43,871 | 7,413,322 | |
Macrogenics, Inc. (a)(b) | 77,366 | 1,691,994 | |
Madrigal Pharmaceuticals, Inc. (a)(b) | 15,700 | 3,755,597 | |
MannKind Corp. (a)(b) | 225,599 | 248,159 | |
Matinas BioPharma Holdings, Inc. (b) | 91,988 | 42,314 | |
MediciNova, Inc. (a)(b) | 72,252 | 879,307 | |
MEI Pharma, Inc. (b) | 62,189 | 259,950 | |
Menlo Therapeutics, Inc. (b) | 14,423 | 110,769 | |
Merrimack Pharmaceuticals, Inc. (b) | 22,287 | 131,939 | |
MiMedx Group, Inc. (a)(b) | 199,106 | 1,055,262 | |
Minerva Neurosciences, Inc. (b) | 51,124 | 531,690 | |
Miragen Therapeutics, Inc. (b) | 39,491 | 245,239 | |
Mirati Therapeutics, Inc. (a)(b) | 60,609 | 3,427,439 | |
Molecular Templates, Inc. (b) | 11,026 | 63,510 | |
Moleculin Biotech, Inc. (a)(b) | 37,484 | 64,472 | |
Momenta Pharmaceuticals, Inc. (b) | 152,669 | 4,045,729 | |
Myriad Genetics, Inc. (b) | 137,462 | 6,844,233 | |
NanoViricides, Inc. (b) | 32,620 | 13,704 | |
NantKwest, Inc. (a)(b) | 76,001 | 257,643 | |
Natera, Inc. (b) | 66,582 | 1,840,326 | |
Navidea Biopharmaceuticals, Inc. (a)(b) | 148,549 | 26,130 | |
Neuralstem, Inc. (a)(b) | 8,195 | 9,998 | |
Neurocrine Biosciences, Inc. (b) | 173,976 | 21,390,349 | |
NewLink Genetics Corp. (b) | 41,496 | 128,638 | |
Novavax, Inc. (a)(b) | 677,219 | 1,056,462 | |
Ohr Pharmaceutical, Inc. (b) | 32,314 | 6,301 | |
OncoCyte Corp. (a)(b) | 3,324 | 8,476 | |
OncoGenex Pharmaceuticals, Inc. (b) | 96 | 289 | |
OncoMed Pharmaceuticals, Inc. (b) | 27,577 | 63,427 | |
OncoSec Medical, Inc. (a)(b) | 44,952 | 67,428 | |
Ophthotech Corp. (b) | 50,366 | 128,937 | |
Opko Health, Inc. (a)(b) | 712,532 | 4,218,189 | |
Oragenics, Inc. (b) | 998 | 429 | |
Organovo Holdings, Inc. (a)(b) | 337,362 | 435,197 | |
OvaScience, Inc. (b) | 60,110 | 46,525 | |
Palatin Technologies, Inc. (a)(b) | 331,257 | 334,570 | |
PDL BioPharma, Inc. (a)(b) | 309,517 | 749,031 | |
Pfenex, Inc. (b) | 46,697 | 246,560 | |
Polarityte, Inc. (a)(b) | 30,906 | 883,293 | |
Portola Pharmaceuticals, Inc. (a)(b) | 128,424 | 3,833,456 | |
Progenics Pharmaceuticals, Inc. (a)(b) | 161,932 | 1,267,928 | |
Protagonist Therapeutics, Inc. (b) | 52,263 | 503,293 | |
Proteon Therapeutics, Inc. (b) | 5,515 | 12,960 | |
Proteostasis Therapeutics, Inc. (a)(b) | 55,664 | 149,736 | |
Prothena Corp. PLC (a)(b) | 73,253 | 1,114,911 | |
PTC Therapeutics, Inc. (b) | 75,018 | 3,131,251 | |
Puma Biotechnology, Inc. (a)(b) | 65,071 | 2,859,870 | |
Ra Pharmaceuticals, Inc. (b) | 19,587 | 238,961 | |
Radius Health, Inc. (a)(b) | 76,029 | 1,563,917 | |
Recro Pharma, Inc. (b) | 20,797 | 132,685 | |
Regeneron Pharmaceuticals, Inc. (b) | 149,758 | 60,914,067 | |
REGENXBIO, Inc. (b) | 55,760 | 3,928,292 | |
Regulus Therapeutics, Inc. (a)(b) | 85,834 | 19,888 | |
Repligen Corp. (a)(b) | 69,352 | 3,806,038 | |
Retrophin, Inc. (b) | 82,684 | 2,620,256 | |
Rexahn Pharmaceuticals, Inc. (a)(b) | 42,298 | 72,753 | |
Rigel Pharmaceuticals, Inc. (b) | 307,310 | 1,047,927 | |
Riot Blockchain, Inc. (a) | 24,575 | 154,823 | |
Rocket Pharmaceuticals, Inc. (b) | 29,667 | 707,558 | |
Sage Therapeutics, Inc. (b) | 89,840 | 14,757,118 | |
Sangamo Therapeutics, Inc. (a)(b) | 201,742 | 3,681,792 | |
Sarepta Therapeutics, Inc. (a)(b) | 117,669 | 16,243,029 | |
Savara, Inc. (a)(b) | 55,437 | 651,939 | |
Seattle Genetics, Inc. (a)(b) | 204,324 | 15,683,910 | |
Selecta Biosciences, Inc. (a)(b) | 13,681 | 185,514 | |
Sellas Life Sciences Group, Inc. (b) | 425 | 459 | |
Seres Therapeutics, Inc. (a)(b) | 32,924 | 289,073 | |
Sesen Bio, Inc. (b) | 98,188 | 219,941 | |
Sienna Biopharmaceuticals, Inc. (a)(b) | 4,913 | 81,851 | |
Solid Biosciences, Inc. (b) | 19,788 | 844,354 | |
Sophiris Bio, Inc. (a)(b) | 57,410 | 184,286 | |
Sorrento Therapeutics, Inc. (a)(b) | 175,528 | 974,180 | |
Spark Therapeutics, Inc. (a)(b) | 61,662 | 3,798,996 | |
Spectrum Pharmaceuticals, Inc. (b) | 181,664 | 3,911,226 | |
Spring Bank Pharmaceuticals, Inc. (b) | 9,145 | 129,768 | |
Stemline Therapeutics, Inc. (b) | 50,071 | 856,214 | |
Sunesis Pharmaceuticals, Inc. (a)(b) | 29,991 | 65,380 | |
Surface Oncology, Inc. | 10,117 | 98,135 | |
Syndax Pharmaceuticals, Inc. (b) | 33,111 | 256,941 | |
Synergy Pharmaceuticals, Inc. (a)(b) | 423,445 | 825,718 | |
Synlogic, Inc. (b) | 24,107 | 255,052 | |
Synthetic Biologics, Inc. (a)(b) | 2,423 | 6,954 | |
Syros Pharmaceuticals, Inc. (b) | 33,143 | 407,327 | |
T2 Biosystems, Inc. (b) | 79,564 | 519,553 | |
Tapimmune, Inc. (a)(b) | 8,155 | 70,296 | |
Tenax Therapeutics, Inc. (b) | 69 | 371 | |
TESARO, Inc. (a)(b) | 70,613 | 2,291,392 | |
TG Therapeutics, Inc. (a)(b) | 115,447 | 1,466,177 | |
Tocagen, Inc. (a)(b) | 8,584 | 83,694 | |
TONIX Pharmaceuticals Holding (b) | 1,717 | 1,837 | |
TRACON Pharmaceuticals, Inc. (a)(b) | 4,111 | 8,633 | |
Trevena, Inc. (a)(b) | 130,021 | 234,038 | |
Trovagene, Inc. (a)(b) | 2,821 | 2,313 | |
Ultragenyx Pharmaceutical, Inc. (b) | 88,686 | 7,514,365 | |
United Therapeutics Corp. (b) | 85,357 | 10,498,057 | |
UNITY Biotechnology, Inc. (a) | 7,256 | 138,299 | |
Unum Therapeutics, Inc. (a) | 16,295 | 265,771 | |
Vanda Pharmaceuticals, Inc. (b) | 103,474 | 1,999,635 | |
Vaxart, Inc. (a)(b) | 4,190 | 12,780 | |
VBI Vaccines, Inc. (a)(b) | 25,788 | 52,608 | |
Veracyte, Inc. (b) | 50,030 | 632,379 | |
Verastem, Inc. (a)(b) | 140,678 | 1,401,153 | |
Vericel Corp. (b) | 84,118 | 1,026,240 | |
Versartis, Inc. (b) | 37,706 | 67,871 | |
Vertex Pharmaceuticals, Inc. (b) | 491,760 | 90,680,544 | |
Vical, Inc. (b) | 6,566 | 9,127 | |
Viking Therapeutics, Inc. (b) | 90,493 | 1,182,744 | |
VistaGen Therapeutics, Inc. (a)(b) | 22,368 | 32,881 | |
Vital Therapies, Inc. (a)(b) | 55,114 | 443,668 | |
Voyager Therapeutics, Inc. (a)(b) | 39,765 | 864,491 | |
Xbiotech, Inc. (a)(b) | 36,998 | 149,472 | |
Xencor, Inc. (b) | 95,182 | 3,977,656 | |
XOMA Corp. (a)(b) | 11,543 | 216,200 | |
Yield10 Bioscience, Inc. (b) | 693 | 1,109 | |
Zafgen, Inc. (b) | 54,609 | 519,878 | |
ZIOPHARM Oncology, Inc. (a)(b) | 222,939 | 650,982 | |
1,745,699,121 | |||
Health Care Equipment & Supplies - 3.1% | |||
Abbott Laboratories | 3,391,513 | 226,688,729 | |
Abiomed, Inc. (b) | 81,155 | 32,996,000 | |
Accuray, Inc. (a)(b) | 152,465 | 609,860 | |
Akers Biosciences, Inc. (a)(b) | 149,301 | 40,804 | |
Align Technology, Inc. (b) | 139,169 | 53,787,427 | |
Alliqua Biomedical, Inc. (a)(b) | 439 | 1,133 | |
Alphatec Holdings, Inc. (a)(b) | 3,066 | 10,762 | |
Amedica Corp. (a)(b) | 5,751 | 2,552 | |
Angiodynamics, Inc. (b) | 68,576 | 1,537,474 | |
Anika Therapeutics, Inc. (a)(b) | 30,719 | 1,271,459 | |
Antares Pharma, Inc. (a)(b) | 242,616 | 858,861 | |
Apollo Endosurgery, Inc. (b) | 102 | 766 | |
Atricure, Inc. (b) | 70,181 | 2,424,754 | |
Atrion Corp. | 3,083 | 2,019,519 | |
Avanos Medical, Inc. (b) | 92,971 | 6,703,209 | |
Avinger, Inc. (b) | 780 | 1,225 | |
AxoGen, Inc. (a)(b) | 68,956 | 3,023,721 | |
Baxter International, Inc. | 949,654 | 70,625,768 | |
Becton, Dickinson & Co. | 517,034 | 135,395,694 | |
Bellerophon Therapeutics, Inc. (a)(b) | 36,993 | 31,999 | |
BioLase Technology, Inc. (b) | 6,234 | 11,034 | |
BioLife Solutions, Inc. (b) | 16,867 | 404,133 | |
Boston Scientific Corp. (b) | 2,679,060 | 95,267,374 | |
Bovie Medical Corp. (b) | 10,849 | 57,934 | |
Cantel Medical Corp. | 67,194 | 6,517,818 | |
Cardiovascular Systems, Inc. (b) | 69,124 | 2,663,348 | |
CAS Medical Systems, Inc. (b) | 11,651 | 26,098 | |
Cerus Corp. (b) | 269,265 | 2,094,882 | |
Cesca Therapeutics, Inc. (b) | 793 | 342 | |
Chembio Diagnostics, Inc. (b) | 2,391 | 24,986 | |
ConforMis, Inc. (b) | 87,736 | 107,038 | |
CONMED Corp. | 50,457 | 4,058,257 | |
Corindus Vascular Robotics, Inc. (a)(b) | 178,714 | 194,798 | |
Cryolife, Inc. (b) | 65,208 | 2,262,718 | |
CryoPort, Inc. (a)(b) | 52,805 | 749,831 | |
Cutera, Inc. (b) | 27,491 | 934,694 | |
CytoSorbents Corp. (a)(b) | 50,106 | 734,053 | |
Danaher Corp. | 1,192,456 | 123,466,894 | |
Dare Bioscience, Inc. (b) | 17,253 | 18,978 | |
Dentsply Sirona, Inc. | 442,572 | 17,667,474 | |
DexCom, Inc. (a)(b) | 170,666 | 24,640,757 | |
Edwards Lifesciences Corp. (b) | 407,229 | 58,738,711 | |
Ekso Bionics Holdings, Inc. (a)(b) | 113,321 | 303,700 | |
Endologix, Inc. (b) | 150,152 | 345,350 | |
Fonar Corp. (b) | 8,356 | 218,927 | |
Genmark Diagnostics, Inc. (b) | 107,242 | 917,992 | |
Glaukos Corp. (a)(b) | 64,913 | 4,438,102 | |
Globus Medical, Inc. (b) | 145,197 | 7,734,644 | |
Haemonetics Corp. (b) | 99,749 | 11,135,978 | |
Helius Medical Technologies, Inc. (U.S.) (a)(b) | 20,935 | 209,769 | |
Heska Corp. (b) | 12,153 | 1,300,371 | |
Hill-Rom Holdings, Inc. | 131,230 | 12,764,742 | |
Hologic, Inc. (b) | 529,595 | 21,056,697 | |
ICU Medical, Inc. (b) | 29,075 | 8,896,950 | |
IDEXX Laboratories, Inc. (b) | 169,286 | 43,005,415 | |
Inogen, Inc. (b) | 33,875 | 8,973,826 | |
Inspire Medical Systems, Inc. | 18,247 | 1,003,403 | |
Insulet Corp. (b) | 113,854 | 11,871,557 | |
Integer Holdings Corp. (b) | 60,071 | 4,799,673 | |
Integra LifeSciences Holdings Corp. (b) | 136,377 | 8,110,340 | |
IntriCon Corp. (b) | 15,036 | 1,111,160 | |
Intuitive Surgical, Inc. (b) | 219,618 | 122,986,080 | |
Invacare Corp. (a) | 75,980 | 1,154,896 | |
InVivo Therapeutics Holdings Corp. (b) | 1,850 | 3,608 | |
Invuity, Inc. (a)(b) | 23,417 | 108,889 | |
IRadimed Corp. (a)(b) | 6,686 | 183,865 | |
iRhythm Technologies, Inc. (b) | 39,577 | 3,684,223 | |
Iridex Corp. (b) | 4,871 | 44,326 | |
K2M Group Holdings, Inc. (b) | 72,947 | 1,994,371 | |
Kewaunee Scientific Corp. | 1,376 | 43,963 | |
Lantheus Holdings, Inc. (b) | 59,416 | 956,598 | |
LeMaitre Vascular, Inc. | 28,069 | 1,052,868 | |
LivaNova PLC (b) | 84,812 | 10,648,147 | |
Masimo Corp. (b) | 90,391 | 10,656,195 | |
Medtronic PLC | 2,620,554 | 252,647,611 | |
Meridian Bioscience, Inc. | 73,595 | 1,155,442 | |
Merit Medical Systems, Inc. (b) | 108,656 | 6,394,406 | |
Microbot Medical, Inc. (b) | 7,285 | 4,225 | |
Misonix, Inc. (b) | 7,938 | 151,616 | |
Myomo, Inc. (a)(b) | 11,057 | 22,667 | |
Natus Medical, Inc. (b) | 64,682 | 2,412,639 | |
Neogen Corp. (b) | 98,996 | 9,250,186 | |
Nevro Corp. (b) | 56,879 | 3,834,782 | |
NuVasive, Inc. (b) | 100,454 | 7,050,866 | |
Nuvectra Corp. (b) | 21,954 | 512,406 | |
NxStage Medical, Inc. (b) | 140,636 | 3,985,624 | |
OraSure Technologies, Inc. (b) | 129,623 | 2,075,264 | |
Orthofix International NV (b) | 41,359 | 2,215,188 | |
OrthoPediatrics Corp. | 6,541 | 227,758 | |
Penumbra, Inc. (a)(b) | 57,262 | 7,950,829 | |
Precision Therapeutics, Inc. (a)(b) | 19,298 | 21,807 | |
Pulse Biosciences, Inc. (a)(b) | 10,423 | 149,674 | |
Quanterix Corp. (b) | 7,729 | 129,306 | |
Quidel Corp. (b) | 60,517 | 4,652,547 | |
ReShape Lifesciences, Inc. (a)(b) | 873 | 58 | |
ResMed, Inc. | 278,308 | 31,006,294 | |
Retractable Technologies, Inc. (b) | 5,248 | 3,790 | |
Rockwell Medical Technologies, Inc. (a)(b) | 83,284 | 408,924 | |
RTI Biologics, Inc. (b) | 100,701 | 450,637 | |
Seaspine Holdings Corp. (b) | 14,380 | 221,452 | |
Second Sight Medical Products, Inc. (a)(b) | 46,884 | 79,234 | |
Sientra, Inc. (b) | 39,907 | 1,002,464 | |
Staar Surgical Co. (b) | 55,622 | 2,653,169 | |
Steris PLC | 162,639 | 18,609,154 | |
STRATA Skin Sciences, Inc. (b) | 803 | 2,144 | |
Stryker Corp. | 623,601 | 105,656,717 | |
SurModics, Inc. (b) | 23,983 | 1,888,661 | |
Synergetics U.S.A., Inc. (b)(c) | 19,727 | 0 | |
Tactile Systems Technology, Inc. (a)(b) | 30,490 | 2,063,258 | |
Tandem Diabetes Care, Inc. (a)(b) | 108,658 | 4,964,584 | |
Teleflex, Inc. | 87,631 | 21,682,538 | |
The Cooper Companies, Inc. | 95,010 | 24,301,658 | |
TransEnterix, Inc. (a)(b) | 207,703 | 1,204,677 | |
Utah Medical Products, Inc. | 13,511 | 1,227,474 | |
Varex Imaging Corp. (a)(b) | 86,203 | 2,706,774 | |
Varian Medical Systems, Inc. (b) | 180,543 | 20,224,427 | |
Vermillion, Inc. (b) | 12,449 | 7,843 | |
ViewRay, Inc. (a)(b) | 117,177 | 1,181,144 | |
Viveve Medical, Inc. (a)(b) | 45,477 | 143,253 | |
West Pharmaceutical Services, Inc. | 145,035 | 16,976,347 | |
Wright Medical Group NV (a)(b) | 202,730 | 5,875,115 | |
Zimmer Biomet Holdings, Inc. | 393,672 | 48,669,669 | |
Zosano Pharma Corp. (a)(b) | 22,328 | 93,108 | |
1,798,539,903 | |||
Health Care Providers & Services - 3.0% | |||
AAC Holdings, Inc. (a)(b) | 16,668 | 147,678 | |
Acadia Healthcare Co., Inc. (a)(b) | 159,970 | 6,643,554 | |
Aceto Corp. | 47,837 | 158,819 | |
Addus HomeCare Corp. (b) | 24,045 | 1,560,521 | |
Aetna, Inc. | 631,624 | 126,495,338 | |
Amedisys, Inc. (b) | 57,080 | 7,135,571 | |
American Renal Associates Holdings, Inc. (a)(b) | 30,049 | 659,576 | |
AmerisourceBergen Corp. | 315,793 | 28,411,896 | |
AMN Healthcare Services, Inc. (a)(b) | 90,995 | 5,305,009 | |
Anthem, Inc. | 493,566 | 130,661,727 | |
BioScrip, Inc. (a)(b) | 230,699 | 669,027 | |
BioTelemetry, Inc. (b) | 60,094 | 3,713,809 | |
Brookdale Senior Living, Inc. (b) | 360,000 | 3,571,200 | |
Caladrius Biosciences, Inc. (b) | 9,530 | 50,223 | |
Capital Senior Living Corp. (b) | 53,746 | 476,727 | |
Cardinal Health, Inc. | 601,923 | 31,414,361 | |
Catasys, Inc. (b) | 3,161 | 28,702 | |
Centene Corp. (b) | 396,017 | 58,008,570 | |
Chemed Corp. | 30,507 | 9,870,235 | |
Cigna Corp. | 470,957 | 88,700,041 | |
Civitas Solutions, Inc. (b) | 27,734 | 443,744 | |
Community Health Systems, Inc. (a)(b) | 206,000 | 799,280 | |
Corvel Corp. (b) | 18,940 | 1,125,983 | |
Cross Country Healthcare, Inc. (b) | 66,434 | 665,004 | |
CVS Health Corp. | 1,967,521 | 148,036,280 | |
DaVita HealthCare Partners, Inc. (b) | 270,656 | 18,753,754 | |
Diplomat Pharmacy, Inc. (a)(b) | 93,066 | 1,922,744 | |
Envision Healthcare Corp. (b) | 230,716 | 10,465,278 | |
Express Scripts Holding Co. (b) | 1,087,608 | 95,731,256 | |
Five Star Sr Living, Inc. (b) | 70,113 | 69,412 | |
G1 Therapeutics, Inc. (a)(b) | 37,423 | 2,270,828 | |
Genesis HealthCare, Inc. Class A (a)(b) | 72,843 | 128,932 | |
HCA Holdings, Inc. | 541,945 | 72,680,244 | |
HealthEquity, Inc. (b) | 101,976 | 9,607,159 | |
HealthSouth Corp. | 191,103 | 15,592,094 | |
Henry Schein, Inc. (a)(b) | 296,896 | 23,062,881 | |
Humana, Inc. | 265,925 | 88,622,166 | |
Interpace Diagnostics Group, Inc. (b) | 136 | 200 | |
Laboratory Corp. of America Holdings (b) | 197,626 | 34,163,607 | |
LHC Group, Inc. (b) | 58,223 | 5,760,001 | |
LifePoint Hospitals, Inc. (b) | 73,087 | 4,706,803 | |
Magellan Health Services, Inc. (b) | 46,615 | 3,426,203 | |
McKesson Corp. | 390,138 | 50,230,268 | |
MEDNAX, Inc. (b) | 183,817 | 8,703,735 | |
Molina Healthcare, Inc. (a)(b) | 90,979 | 12,555,102 | |
National Healthcare Corp. | 20,690 | 1,594,578 | |
National Research Corp. Class A | 20,553 | 804,650 | |
National Vision Holdings, Inc. | 99,203 | 4,389,733 | |
OptiNose, Inc. | 38,007 | 565,164 | |
Owens & Minor, Inc. (a) | 118,083 | 2,005,049 | |
Patterson Companies, Inc. (a) | 169,627 | 3,825,089 | |
Premier, Inc. (a)(b) | 113,429 | 5,016,965 | |
Providence Service Corp. (b) | 20,443 | 1,372,543 | |
Psychemedics Corp. | 2,724 | 52,655 | |
Quest Diagnostics, Inc. | 264,008 | 29,035,600 | |
Quorum Health Corp. (a)(b) | 61,662 | 280,562 | |
R1 RCM, Inc. (b) | 178,635 | 1,780,991 | |
RadNet, Inc. (b) | 68,592 | 949,999 | |
Select Medical Holdings Corp. (b) | 210,659 | 4,171,048 | |
Sharps Compliance Corp. (b) | 12,687 | 44,785 | |
Surgery Partners, Inc. (a)(b) | 43,549 | 755,575 | |
Tenet Healthcare Corp. (a)(b) | 162,206 | 5,469,586 | |
The Ensign Group, Inc. | 96,070 | 3,753,455 | |
The Joint Corp. (b) | 4,485 | 38,436 | |
Tivity Health, Inc. (a)(b) | 70,816 | 2,436,070 | |
Triple-S Management Corp. (b) | 44,329 | 965,042 | |
U.S. Physical Therapy, Inc. | 24,843 | 3,111,586 | |
UnitedHealth Group, Inc. | 1,860,709 | 499,525,938 | |
Universal Health Services, Inc. Class B | 168,906 | 21,984,805 | |
Wellcare Health Plans, Inc. (b) | 96,042 | 29,059,428 | |
1,736,194,874 | |||
Health Care Technology - 0.2% | |||
Allscripts Healthcare Solutions, Inc. (b) | 329,763 | 4,817,837 | |
athenahealth, Inc. (b) | 77,995 | 12,003,431 | |
Castlight Health, Inc. Class B (a)(b) | 151,493 | 454,479 | |
Cerner Corp. (b) | 605,108 | 39,398,582 | |
Computer Programs & Systems, Inc. (a) | 21,937 | 598,880 | |
Evolent Health, Inc. (a)(b) | 132,217 | 3,371,534 | |
HealthStream, Inc. | 46,897 | 1,488,042 | |
HMS Holdings Corp. (b) | 165,285 | 5,297,384 | |
HTG Molecular Diagnostics (a)(b) | 63,917 | 286,987 | |
iCAD, Inc. (b) | 14,864 | 44,592 | |
Inovalon Holdings, Inc. Class A (a)(b) | 119,481 | 1,314,291 | |
Medidata Solutions, Inc. (a)(b) | 114,952 | 9,768,621 | |
NantHealth, Inc. (a)(b) | 56,729 | 125,938 | |
Omnicell, Inc. (b) | 73,082 | 5,024,388 | |
Quality Systems, Inc. (b) | 91,673 | 2,098,395 | |
Simulations Plus, Inc. | 16,033 | 334,288 | |
Tabula Rasa HealthCare, Inc. (a)(b) | 25,588 | 2,243,300 | |
Teladoc Health, Inc. (a)(b) | 132,579 | 10,281,501 | |
Valeritas Holdings, Inc. (a)(b) | 25,700 | 29,555 | |
Veeva Systems, Inc. Class A (b) | 229,272 | 23,926,826 | |
Vocera Communications, Inc. (b) | 55,152 | 1,828,840 | |
124,737,691 | |||
Life Sciences Tools & Services - 0.9% | |||
Accelerate Diagnostics, Inc. (a)(b) | 48,811 | 1,200,751 | |
Agilent Technologies, Inc. | 623,247 | 42,094,102 | |
Bio-Rad Laboratories, Inc. Class A (b) | 38,796 | 12,620,339 | |
Bio-Techne Corp. | 72,516 | 13,935,400 | |
Bruker Corp. | 204,025 | 7,259,210 | |
Cambrex Corp. (b) | 66,661 | 4,492,951 | |
Charles River Laboratories International, Inc. (b) | 93,768 | 11,581,286 | |
ChromaDex, Inc. (a)(b) | 56,591 | 256,357 | |
Codexis, Inc. (b) | 74,109 | 1,274,675 | |
Enzo Biochem, Inc. (b) | 66,443 | 304,973 | |
Fluidigm Corp. (a)(b) | 46,109 | 365,183 | |
Harvard Bioscience, Inc. (b) | 53,166 | 316,338 | |
Illumina, Inc. (b) | 284,128 | 100,817,138 | |
Luminex Corp. | 75,617 | 2,133,156 | |
Medpace Holdings, Inc. (b) | 50,255 | 3,004,746 | |
Mettler-Toledo International, Inc. (b) | 48,948 | 28,608,148 | |
Nanostring Technologies, Inc. (b) | 49,108 | 794,076 | |
NeoGenomics, Inc. (b) | 145,940 | 2,021,269 | |
Pacific Biosciences of California, Inc. (a)(b) | 198,134 | 988,689 | |
PerkinElmer, Inc. | 212,888 | 19,677,238 | |
PRA Health Sciences, Inc. (b) | 110,524 | 11,671,334 | |
Quintiles Transnational Holdings, Inc. (b) | 311,623 | 39,604,167 | |
Syneos Health, Inc. (b) | 116,220 | 5,793,567 | |
Thermo Fisher Scientific, Inc. | 778,338 | 186,100,616 | |
Waters Corp. (b) | 151,379 | 28,683,293 | |
525,599,002 | |||
Pharmaceuticals - 4.0% | |||
AcelRx Pharmaceuticals, Inc. (a)(b) | 65,025 | 201,578 | |
Acer Therapeutics, Inc. (b) | 9,342 | 299,691 | |
Aclaris Therapeutics, Inc. (a)(b) | 40,572 | 645,906 | |
Adamis Pharmaceuticals Corp. (a)(b) | 48,966 | 139,553 | |
Aerie Pharmaceuticals, Inc. (a)(b) | 78,816 | 4,835,362 | |
Agile Therapeutics, Inc. (b) | 87,068 | 25,511 | |
Akcea Therapeutics, Inc. (a)(b) | 34,733 | 917,299 | |
Akorn, Inc. (b) | 181,300 | 2,844,597 | |
Alimera Sciences, Inc. (a)(b) | 22,049 | 22,931 | |
Allergan PLC | 657,234 | 125,998,330 | |
Amneal Pharmaceuticals, Inc. (a)(b) | 143,636 | 3,317,992 | |
Amphastar Pharmaceuticals, Inc. (b) | 63,932 | 1,213,429 | |
Ampio Pharmaceuticals, Inc. (a)(b) | 168,674 | 106,096 | |
ANI Pharmaceuticals, Inc. (b) | 15,497 | 901,925 | |
ANI Pharmaceuticals, Inc. rights (b)(c) | 21,445 | 0 | |
Apricus Biosciences, Inc. (b) | 41,618 | 13,734 | |
Aradigm Corp. (a)(b) | 17,241 | 23,275 | |
Aratana Therapeutics, Inc. (b) | 80,168 | 424,890 | |
Assembly Biosciences, Inc. (b) | 37,235 | 1,489,400 | |
Assertio Therapeutics, Inc. (a)(b) | 137,271 | 875,789 | |
AstraZeneca PLC rights (b)(c) | 7,692 | 0 | |
Athenex, Inc. (b) | 67,984 | 1,116,977 | |
Axsome Therapeutics, Inc. (a)(b) | 21,511 | 74,213 | |
Bio Path Holdings, Inc. (a)(b) | 16,665 | 22,664 | |
Biodelivery Sciences International, Inc. (b) | 170,623 | 507,603 | |
BioPharmX Corp. (a)(b) | 64,864 | 10,138 | |
Bristol-Myers Squibb Co. | 3,166,410 | 191,726,126 | |
Catalent, Inc. (b) | 281,165 | 11,752,697 | |
Cerecor, Inc. (a)(b) | 17,078 | 82,487 | |
Chiasma, Inc. (b) | 8,745 | 20,551 | |
Clearside Biomedical, Inc. (b) | 59,205 | 403,186 | |
Collegium Pharmaceutical, Inc. (a)(b) | 37,819 | 646,705 | |
ContraVir Pharmaceuticals, Inc. (a)(b) | 18,614 | 13,774 | |
Corcept Therapeutics, Inc. (a)(b) | 180,660 | 2,713,513 | |
Corium International, Inc. (a)(b) | 42,043 | 410,340 | |
CorMedix, Inc. (a)(b) | 48,587 | 30,124 | |
Cumberland Pharmaceuticals, Inc. (b) | 7,158 | 42,304 | |
CymaBay Therapeutics, Inc. (a)(b) | 115,491 | 1,574,142 | |
Dermira, Inc. (a)(b) | 70,654 | 672,626 | |
Dova Pharmaceuticals, Inc. (a)(b) | 24,096 | 613,243 | |
Durect Corp. (b) | 291,543 | 381,921 | |
Egalet Corp. (a)(b) | 12,340 | 4,751 | |
Eli Lilly & Co. | 1,852,484 | 195,714,935 | |
Eloxx Pharmaceuticals, Inc. (a)(b) | 47,990 | 879,177 | |
Endo International PLC (b) | 391,608 | 6,716,077 | |
Endocyte, Inc. (b) | 117,449 | 2,316,094 | |
Evofem Biosciences, Inc. (b) | 1,682 | 6,829 | |
Evolus, Inc. (b) | 20,100 | 514,359 | |
Eyepoint Pharmaceuticals, Inc. (a)(b) | 68,488 | 149,989 | |
Flex Pharma, Inc. (a)(b) | 10,224 | 5,061 | |
Gemphire Therapeutics, Inc. (a)(b) | 13,477 | 18,868 | |
Horizon Pharma PLC (b) | 317,826 | 6,718,842 | |
Imprimis Pharmaceuticals, Inc. (a)(b) | 10,757 | 32,701 | |
InflaRx NV (b) | 8,911 | 299,410 | |
Innoviva, Inc. (a)(b) | 134,795 | 1,957,223 | |
Intersect ENT, Inc. (b) | 61,422 | 1,799,665 | |
Intra-Cellular Therapies, Inc. (b) | 90,774 | 1,991,582 | |
Jazz Pharmaceuticals PLC (b) | 117,285 | 20,046,352 | |
Johnson & Johnson | 5,193,970 | 699,575,819 | |
Kala Pharmaceuticals, Inc. (b) | 12,699 | 171,563 | |
KemPharm, Inc. (a)(b) | 9,786 | 50,887 | |
Lannett Co., Inc. (a)(b) | 55,565 | 297,273 | |
Lipocine, Inc. (a)(b) | 20,645 | 30,761 | |
Mallinckrodt PLC (a)(b) | 161,170 | 5,553,918 | |
Marinus Pharmaceuticals, Inc. (a)(b) | 44,865 | 320,336 | |
Melinta Therapeutics, Inc. (b) | 86,180 | 402,892 | |
Merck & Co., Inc. | 5,212,503 | 357,525,581 | |
Mersana Therapeutics, Inc. (a)(b) | 8,641 | 120,542 | |
Mustang Bio, Inc. (a)(b) | 46,728 | 323,358 | |
Mylan NV (b) | 1,004,926 | 39,322,754 | |
MyoKardia, Inc. (b) | 65,691 | 4,049,850 | |
Nektar Therapeutics (a)(b) | 312,604 | 20,785,040 | |
Neos Therapeutics, Inc. (b) | 42,039 | 241,724 | |
Novan, Inc. (b) | 7,147 | 20,583 | |
Novus Therapeutics, Inc. (b) | 4,578 | 21,746 | |
Ocular Therapeutix, Inc. (b) | 54,730 | 369,428 | |
Odonate Therapeutics, Inc. (a)(b) | 11,840 | 227,210 | |
Omeros Corp. (a)(b) | 96,420 | 2,495,350 | |
Onconova Therapeutics, Inc. (b) | 624 | 268 | |
Otonomy, Inc. (b) | 38,289 | 114,867 | |
Pacira Pharmaceuticals, Inc. (b) | 77,357 | 3,647,383 | |
Pain Therapeutics, Inc. (a)(b) | 4,934 | 5,033 | |
Paratek Pharmaceuticals, Inc. (a)(b) | 50,371 | 516,303 | |
Pernix Therapeutics Holdings, Inc. (a)(b) | 4,109 | 4,438 | |
Perrigo Co. PLC | 254,814 | 19,495,819 | |
Pfizer, Inc. | 11,312,751 | 469,705,422 | |
Phibro Animal Health Corp. Class A | 42,271 | 1,995,191 | |
Plx Pharma PLC/New (b) | 290 | 957 | |
Prestige Brands Holdings, Inc. (a)(b) | 103,367 | 3,979,630 | |
Reata Pharmaceuticals, Inc. (b) | 30,461 | 2,630,612 | |
resTORbio, Inc. (a)(b) | 5,960 | 70,507 | |
Revance Therapeutics, Inc. (b) | 53,023 | 1,452,830 | |
Rhythm Pharmaceuticals, Inc. | 38,788 | 1,221,822 | |
scPharmaceuticals, Inc. (a)(b) | 5,674 | 29,051 | |
SCYNEXIS, Inc. (b) | 57,121 | 77,113 | |
SIGA Technologies, Inc. (b) | 136,087 | 1,119,996 | |
Spero Therapeutics, Inc. (a)(b) | 17,885 | 204,068 | |
Supernus Pharmaceuticals, Inc. (b) | 101,178 | 4,482,185 | |
Teligent, Inc. (a)(b) | 140,525 | 567,721 | |
Tetraphase Pharmaceuticals, Inc. (b) | 88,378 | 312,858 | |
The Medicines Company (a)(b) | 125,813 | 4,983,453 | |
TherapeuticsMD, Inc. (a)(b) | 357,620 | 2,317,378 | |
Theravance Biopharma, Inc. (a)(b) | 78,547 | 2,275,507 | |
Titan Pharmaceuticals, Inc. (a)(b) | 11,285 | 8,294 | |
VIVUS, Inc. (a)(b) | 157,068 | 88,272 | |
WAVE Life Sciences (b) | 28,404 | 1,513,933 | |
Zoetis, Inc. Class A | 935,759 | 84,779,765 | |
Zogenix, Inc. (a)(b) | 80,163 | 3,871,873 | |
Zynerba Pharmaceuticals, Inc. (b) | 23,422 | 188,079 | |
2,339,851,780 | |||
TOTAL HEALTH CARE | 8,270,622,371 | ||
INDUSTRIALS - 10.3% | |||
Aerospace & Defense - 2.4% | |||
AAR Corp. | 61,245 | 2,858,304 | |
Aerojet Rocketdyne Holdings, Inc. (a)(b) | 144,557 | 5,075,396 | |
AeroVironment, Inc. (a)(b) | 42,201 | 3,712,000 | |
Arconic, Inc. | 831,375 | 18,606,173 | |
Arotech Corp. (b) | 32,173 | 107,780 | |
Astronics Corp. (b) | 43,941 | 1,911,873 | |
Astrotech Corp. (b) | 1,741 | 5,972 | |
Axon Enterprise, Inc. (b) | 110,441 | 7,538,703 | |
BWX Technologies, Inc. | 198,337 | 12,162,025 | |
CPI Aerostructures, Inc. (b) | 5,980 | 49,933 | |
Cubic Corp. | 52,237 | 3,954,341 | |
Curtiss-Wright Corp. | 85,994 | 11,518,896 | |
Ducommun, Inc. (b) | 17,547 | 713,987 | |
Engility Holdings, Inc. (b) | 33,913 | 1,177,120 | |
Esterline Technologies Corp. (b) | 49,383 | 4,244,469 | |
General Dynamics Corp. | 534,817 | 103,433,608 | |
Harris Corp. | 230,443 | 37,449,292 | |
HEICO Corp. | 112,063 | 10,161,873 | |
HEICO Corp. Class A | 99,272 | 7,395,764 | |
Hexcel Corp. | 172,525 | 11,407,353 | |
Huntington Ingalls Industries, Inc. | 85,477 | 20,896,562 | |
Innovative Solutions & Support, Inc. (b) | 21,878 | 57,977 | |
KEYW Holding Corp. (a)(b) | 83,554 | 711,045 | |
KLX, Inc. (b) | 99,257 | 7,329,137 | |
Kratos Defense & Security Solutions, Inc. (a)(b) | 188,108 | 2,513,123 | |
L3 Technologies, Inc. | 150,372 | 32,137,504 | |
Lockheed Martin Corp. | 480,522 | 153,964,054 | |
Mercury Systems, Inc. (b) | 94,994 | 5,178,123 | |
Micronet Enertec Technologies, Inc. (b) | 3,018 | 3,803 | |
Moog, Inc. Class A | 63,191 | 4,986,402 | |
National Presto Industries, Inc. (a) | 9,348 | 1,239,545 | |
Northrop Grumman Corp. | 337,543 | 100,753,210 | |
Raytheon Co. | 555,761 | 110,840,974 | |
Rockwell Collins, Inc. | 315,740 | 42,924,853 | |
SIFCO Industries, Inc. (b) | 891 | 4,678 | |
Sparton Corp. (b) | 13,384 | 170,914 | |
Spirit AeroSystems Holdings, Inc. Class A | 218,638 | 18,693,549 | |
Teledyne Technologies, Inc. (b) | 71,647 | 16,998,967 | |
Textron, Inc. | 501,644 | 34,628,485 | |
The Boeing Co. | 1,059,025 | 363,023,180 | |
TransDigm Group, Inc. (a) | 93,780 | 32,823,000 | |
Triumph Group, Inc. | 96,901 | 2,015,541 | |
United Technologies Corp. | 1,436,142 | 189,139,901 | |
Vectrus, Inc. (b) | 21,828 | 716,395 | |
Wesco Aircraft Holdings, Inc. (b) | 115,814 | 1,407,140 | |
1,386,642,924 | |||
Air Freight & Logistics - 0.6% | |||
Air Transport Services Group, Inc. (b) | 93,235 | 1,897,332 | |
Atlas Air Worldwide Holdings, Inc. (b) | 53,392 | 3,251,573 | |
C.H. Robinson Worldwide, Inc. | 268,656 | 25,812,468 | |
Echo Global Logistics, Inc. (b) | 48,848 | 1,621,754 | |
Expeditors International of Washington, Inc. | 336,984 | 24,694,188 | |
FedEx Corp. | 473,704 | 115,560,091 | |
Forward Air Corp. | 54,775 | 3,519,842 | |
Hub Group, Inc. Class A (b) | 68,591 | 3,625,034 | |
Radiant Logistics, Inc. (b) | 54,959 | 239,072 | |
United Parcel Service, Inc. Class B | 1,334,412 | 163,972,547 | |
XPO Logistics, Inc. (b) | 203,064 | 21,626,316 | |
365,820,217 | |||
Airlines - 0.4% | |||
Alaska Air Group, Inc. | 239,265 | 16,147,995 | |
Allegiant Travel Co. | 26,478 | 3,607,628 | |
American Airlines Group, Inc. (a) | 803,180 | 32,512,726 | |
Delta Air Lines, Inc. | 1,245,372 | 72,829,355 | |
Hawaiian Holdings, Inc. | 101,162 | 4,198,223 | |
JetBlue Airways Corp. (b) | 604,815 | 11,539,870 | |
SkyWest, Inc. | 103,271 | 6,743,596 | |
Southwest Airlines Co. | 1,029,855 | 63,130,112 | |
Spirit Airlines, Inc. (a)(b) | 136,282 | 6,476,121 | |
United Continental Holdings, Inc. (b) | 453,940 | 39,683,435 | |
256,869,061 | |||
Building Products - 0.4% | |||
A.O. Smith Corp. | 280,791 | 16,308,341 | |
AAON, Inc. (a) | 75,766 | 3,060,946 | |
Advanced Drain Systems, Inc. Del | 80,409 | 2,520,822 | |
Allegion PLC | 182,670 | 15,932,477 | |
American Woodmark Corp. (b) | 25,723 | 2,185,169 | |
Apogee Enterprises, Inc. | 57,956 | 2,852,594 | |
Armstrong World Industries, Inc. (b) | 101,993 | 7,119,111 | |
Builders FirstSource, Inc. (b) | 211,226 | 3,299,350 | |
Continental Building Products, Inc. (b) | 69,835 | 2,604,846 | |
COVIA Corp. (a)(b) | 69,245 | 784,546 | |
CSW Industrials, Inc. (b) | 30,039 | 1,682,184 | |
Fortune Brands Home & Security, Inc. | 275,918 | 14,618,136 | |
GCP Applied Technologies, Inc. (b) | 158,460 | 3,993,192 | |
Gibraltar Industries, Inc. (b) | 65,294 | 2,964,348 | |
GMS, Inc. (b) | 62,105 | 1,543,309 | |
Griffon Corp. | 59,127 | 1,079,068 | |
Insteel Industries, Inc. | 37,939 | 1,454,961 | |
Jeld-Wen Holding, Inc. (b) | 148,484 | 3,611,131 | |
Johnson Controls International PLC (a) | 1,789,406 | 67,585,865 | |
Lennox International, Inc. | 72,228 | 16,093,121 | |
Masco Corp. | 597,451 | 22,685,214 | |
Masonite International Corp. (b) | 57,874 | 3,874,664 | |
NCI Building Systems, Inc. (b) | 83,177 | 1,405,691 | |
Owens Corning | 214,220 | 12,129,136 | |
Patrick Industries, Inc. (b) | 43,398 | 2,777,472 | |
PGT, Inc. (b) | 102,511 | 2,491,017 | |
Quanex Building Products Corp. | 68,283 | 1,119,841 | |
Simpson Manufacturing Co. Ltd. | 82,104 | 6,303,124 | |
Tecogen, Inc. New (b) | 2,274 | 7,027 | |
Trex Co., Inc. (b) | 113,536 | 9,616,499 | |
Universal Forest Products, Inc. | 122,245 | 4,579,298 | |
USG Corp. (b) | 164,740 | 7,100,294 | |
245,382,794 | |||
Commercial Services & Supplies - 0.6% | |||
ABM Industries, Inc. | 140,028 | 4,441,688 | |
ACCO Brands Corp. | 198,147 | 2,457,023 | |
ADS Waste Holdings, Inc. (b) | 88,843 | 2,370,331 | |
Aqua Metals, Inc. (a)(b) | 55,073 | 133,827 | |
ARC Document Solutions, Inc. (b) | 67,501 | 217,353 | |
Brady Corp. Class A | 100,860 | 4,079,787 | |
Casella Waste Systems, Inc. Class A (b) | 75,879 | 2,153,446 | |
CECO Environmental Corp. | 48,389 | 408,403 | |
Cintas Corp. | 166,096 | 35,439,904 | |
Clean Harbors, Inc. (b) | 97,820 | 6,709,474 | |
Copart, Inc. (b) | 391,866 | 25,200,902 | |
Covanta Holding Corp. | 268,834 | 4,744,920 | |
Deluxe Corp. | 99,293 | 5,880,131 | |
Document Security Systems, Inc. (b) | 4,956 | 6,096 | |
Ennis, Inc. | 45,103 | 983,245 | |
Essendant, Inc. | 81,308 | 1,173,274 | |
Evoqua Water Technologies Corp. (a)(b) | 129,946 | 2,518,353 | |
Fuel Tech, Inc. (b) | 51,934 | 61,282 | |
Healthcare Services Group, Inc. | 146,219 | 6,025,685 | |
Heritage-Crystal Clean, Inc. (b) | 24,833 | 578,609 | |
Herman Miller, Inc. | 110,582 | 4,235,291 | |
HNI Corp. | 80,621 | 3,555,386 | |
Hudson Technologies, Inc. (a)(b) | 56,393 | 105,455 | |
Industrial Services of America, Inc. (b) | 1,620 | 3,750 | |
Interface, Inc. | 108,800 | 2,562,240 | |
Intersections, Inc. (a)(b) | 12,865 | 22,256 | |
KAR Auction Services, Inc. | 260,140 | 16,308,177 | |
Kimball International, Inc. Class B | 67,655 | 1,181,933 | |
Knoll, Inc. | 98,653 | 2,322,292 | |
LSC Communications, Inc. | 75,405 | 922,203 | |
Matthews International Corp. Class A | 64,028 | 3,323,053 | |
McGrath RentCorp. | 45,864 | 2,660,112 | |
Mobile Mini, Inc. | 87,122 | 3,737,534 | |
Msa Safety, Inc. | 64,315 | 6,501,603 | |
Multi-Color Corp. | 29,677 | 1,832,555 | |
NL Industries, Inc. (b) | 9,391 | 74,189 | |
Odyssey Marine Exploration, Inc. (a)(b) | 19,370 | 180,528 | |
Performant Financial Corp. (b) | 31,038 | 75,112 | |
Perma-Fix Environmental Services, Inc. (b) | 6,937 | 32,951 | |
PICO Holdings, Inc. | 40,505 | 484,035 | |
Pitney Bowes, Inc. | 355,612 | 2,581,743 | |
Quad/Graphics, Inc. | 60,578 | 1,379,361 | |
Quest Resource Holding Corp. (b) | 2,977 | 6,401 | |
R.R. Donnelley & Sons Co. | 149,303 | 755,473 | |
Republic Services, Inc. | 436,427 | 32,016,285 | |
Rollins, Inc. | 202,826 | 12,185,786 | |
SP Plus Corp. (b) | 41,799 | 1,625,981 | |
Steelcase, Inc. Class A | 174,208 | 2,543,437 | |
Stericycle, Inc. (b) | 167,390 | 10,326,289 | |
Team, Inc. (a)(b) | 59,115 | 1,377,380 | |
Tetra Tech, Inc. | 110,597 | 7,719,671 | |
The Brink's Co. | 99,071 | 7,440,232 | |
U.S. Ecology, Inc. | 42,920 | 3,122,430 | |
UniFirst Corp. | 31,673 | 5,865,840 | |
Viad Corp. | 42,117 | 2,594,407 | |
Virco Manufacturing Co. | 2,682 | 13,276 | |
VSE Corp. | 14,696 | 566,972 | |
Waste Management, Inc. | 769,545 | 69,951,641 | |
317,776,993 | |||
Construction & Engineering - 0.2% | |||
AECOM (b) | 308,868 | 10,390,320 | |
Aegion Corp. (b) | 60,444 | 1,508,682 | |
Ameresco, Inc. Class A (b) | 38,199 | 548,156 | |
Argan, Inc. | 31,781 | 1,264,884 | |
Comfort Systems U.S.A., Inc. | 69,706 | 4,001,124 | |
Construction Partners, Inc. Class A | 10,594 | 128,717 | |
Dycom Industries, Inc. (a)(b) | 59,430 | 4,986,771 | |
EMCOR Group, Inc. | 114,642 | 9,182,824 | |
Fluor Corp. | 271,131 | 15,565,631 | |
Goldfield Corp. | 41,171 | 195,562 | |
Granite Construction, Inc. | 87,105 | 3,978,956 | |
Great Lakes Dredge & Dock Corp. (b) | 84,939 | 465,041 | |
HC2 Holdings, Inc. (b) | 59,402 | 372,451 | |
Ies Holdings, Inc. (b) | 16,326 | 312,643 | |
Jacobs Engineering Group, Inc. | 231,718 | 16,843,581 | |
KBR, Inc. | 285,164 | 5,982,741 | |
Keane Group, Inc. (b) | 93,529 | 1,148,536 | |
MasTec, Inc. (a)(b) | 122,920 | 5,383,896 | |
MYR Group, Inc. (b) | 33,116 | 1,151,443 | |
Northwest Pipe Co. (b) | 13,547 | 244,659 | |
NV5 Holdings, Inc. (b) | 21,059 | 1,862,669 | |
Orion Group Holdings, Inc. (b) | 40,114 | 345,783 | |
Primoris Services Corp. | 85,135 | 2,133,483 | |
Quanta Services, Inc. (b) | 285,747 | 9,883,989 | |
Sterling Construction Co., Inc. (b) | 41,743 | 607,361 | |
Tutor Perini Corp. (a)(b) | 72,569 | 1,476,779 | |
Valmont Industries, Inc. | 47,070 | 6,608,628 | |
Williams Scotsman Corp. (a)(b) | 94,877 | 1,655,604 | |
108,230,914 | |||
Electrical Equipment - 0.7% | |||
Acuity Brands, Inc. | 78,436 | 11,988,158 | |
Allied Motion Technologies, Inc. | 12,157 | 593,748 | |
American Superconductor Corp. (a)(b) | 28,086 | 171,325 | |
AMETEK, Inc. | 449,417 | 34,587,132 | |
AZZ, Inc. | 51,737 | 2,780,864 | |
Babcock & Wilcox Enterprises, Inc. (a)(b) | 351,396 | 491,954 | |
Broadwind Energy, Inc. (b) | 15,938 | 34,745 | |
Capstone Turbine Corp. (a)(b) | 116,532 | 130,516 | |
Eaton Corp. PLC | 843,603 | 70,137,153 | |
Emerson Electric Co. | 1,217,413 | 93,412,099 | |
Encore Wire Corp. | 41,219 | 2,071,255 | |
Energous Corp. (a)(b) | 37,680 | 483,058 | |
Energy Focus, Inc. (a)(b) | 8,003 | 17,206 | |
EnerSys | 85,554 | 7,100,126 | |
Enphase Energy, Inc. (a)(b) | 145,162 | 709,842 | |
EnSync, Inc. (b) | 32,445 | 11,356 | |
Espey Manufacturing & Electronics Corp. | 2,015 | 53,901 | |
Fortive Corp. | 590,464 | 49,587,167 | |
FuelCell Energy, Inc. (a)(b) | 124,980 | 146,227 | |
Generac Holdings, Inc. (b) | 118,381 | 6,568,962 | |
GrafTech International Ltd. | 92,608 | 1,711,396 | |
Hubbell, Inc. Class B | 106,910 | 13,509,148 | |
Ideal Power, Inc. (a)(b) | 38,104 | 25,160 | |
LSI Industries, Inc. | 41,234 | 213,180 | |
Ocean Power Technologies, Inc. (a)(b) | 1,104 | 818 | |
Orion Energy Systems, Inc. (b) | 20,733 | 19,738 | |
Plug Power, Inc. (a)(b) | 485,070 | 955,588 | |
Powell Industries, Inc. | 13,455 | 526,763 | |
Preformed Line Products Co. | 3,783 | 309,071 | |
Regal Beloit Corp. | 88,822 | 7,434,401 | |
Revolution Lighting Technologies, Inc. (a)(b) | 12,794 | 34,672 | |
Rockwell Automation, Inc. | 240,440 | 43,510,022 | |
Sensata Technologies, Inc. PLC (a)(b) | 332,749 | 17,619,060 | |
Sunrun, Inc. (a)(b) | 135,686 | 1,780,200 | |
Sunworks, Inc. (a)(b) | 12,722 | 8,759 | |
Thermon Group Holdings, Inc. (b) | 61,565 | 1,649,942 | |
TPI Composites, Inc. (b) | 29,824 | 835,967 | |
Ultralife Corp. (b) | 13,410 | 115,997 | |
Vicor Corp. (b) | 36,584 | 2,284,671 | |
Vivint Solar, Inc. (b) | 47,226 | 247,937 | |
373,869,284 | |||
Industrial Conglomerates - 1.3% | |||
3M Co. | 1,148,186 | 242,175,391 | |
Carlisle Companies, Inc. | 118,678 | 15,049,557 | |
General Electric Co. | 16,832,865 | 217,817,273 | |
Honeywell International, Inc. | 1,442,899 | 229,507,515 | |
ITT, Inc. | 172,118 | 10,173,895 | |
Raven Industries, Inc. | 69,340 | 3,356,056 | |
Roper Technologies, Inc. | 199,894 | 59,642,373 | |
777,722,060 | |||
Machinery - 1.8% | |||
Actuant Corp. Class A | 125,422 | 3,693,678 | |
AGCO Corp. | 131,250 | 7,830,375 | |
Alamo Group, Inc. | 17,898 | 1,705,679 | |
Albany International Corp. Class A | 62,689 | 4,836,456 | |
Allison Transmission Holdings, Inc. | 248,055 | 12,318,411 | |
Altra Industrial Motion Corp. (a) | 59,112 | 2,308,324 | |
American Railcar Industries, Inc. | 11,797 | 540,539 | |
Apergy Corp. (a)(b) | 151,299 | 6,841,741 | |
ARC Group Worldwide, Inc. (b) | 1,450 | 2,755 | |
Astec Industries, Inc. | 38,170 | 1,856,971 | |
Barnes Group, Inc. | 99,892 | 6,798,650 | |
Blue Bird Corp. (a)(b) | 19,796 | 454,318 | |
Briggs & Stratton Corp. | 97,049 | 1,956,508 | |
Cactus, Inc. (b) | 76,604 | 2,618,325 | |
Caterpillar, Inc. | 1,154,351 | 160,281,636 | |
Chart Industries, Inc. (a)(b) | 59,494 | 4,494,772 | |
CIRCOR International, Inc. | 43,898 | 1,991,213 | |
Colfax Corp. (b) | 200,004 | 6,984,140 | |
Columbus McKinnon Corp. (NY Shares) | 35,569 | 1,512,750 | |
Commercial Vehicle Group, Inc. (b) | 77,079 | 752,291 | |
Crane Co. | 102,153 | 9,324,526 | |
Cummins, Inc. | 297,973 | 42,252,571 | |
Deere & Co. | 626,898 | 90,147,932 | |
Dmc Global, Inc. | 26,383 | 1,035,533 | |
Donaldson Co., Inc. | 259,438 | 13,127,563 | |
Douglas Dynamics, Inc. | 45,549 | 2,086,144 | |
Dover Corp. | 297,645 | 25,558,776 | |
Eastern Co. | 5,588 | 164,846 | |
Energy Recovery, Inc. (a)(b) | 61,650 | 597,389 | |
EnPro Industries, Inc. | 39,127 | 2,937,264 | |
ESCO Technologies, Inc. | 51,155 | 3,460,636 | |
ExOne Co. (a)(b) | 13,829 | 122,110 | |
Federal Signal Corp. | 119,603 | 3,113,266 | |
Flowserve Corp. | 256,637 | 13,375,920 | |
Franklin Electric Co., Inc. | 78,635 | 3,845,252 | |
FreightCar America, Inc. | 19,411 | 328,240 | |
Gardner Denver Holdings, Inc. (b) | 133,892 | 3,743,620 | |
Gates Industrial Corp. PLC (b) | 113,859 | 2,075,650 | |
Gencor Industries, Inc. (b) | 2,773 | 35,772 | |
Global Brass & Copper Holdings, Inc. | 40,805 | 1,573,033 | |
Gorman-Rupp Co. | 39,337 | 1,442,094 | |
Graco, Inc. | 320,025 | 15,044,375 | |
Graham Corp. | 13,997 | 389,257 | |
Greenbrier Companies, Inc. (a) | 53,689 | 3,113,962 | |
Harsco Corp. (b) | 164,375 | 4,643,594 | |
Hillenbrand, Inc. | 122,624 | 6,272,218 | |
Hurco Companies, Inc. | 7,331 | 314,500 | |
Hyster-Yale Materials Handling Class A | 17,565 | 1,083,761 | |
IDEX Corp. | 156,102 | 23,916,387 | |
Illinois Tool Works, Inc. | 588,618 | 81,747,268 | |
Ingersoll-Rand PLC | 478,155 | 48,432,320 | |
Jason Industries, Inc. (b) | 13,118 | 36,337 | |
John Bean Technologies Corp. | 63,649 | 7,529,677 | |
Kadant, Inc. | 21,551 | 2,177,729 | |
Kennametal, Inc. | 154,088 | 6,292,954 | |
L.B. Foster Co. Class A (b) | 14,781 | 336,268 | |
Lincoln Electric Holdings, Inc. | 119,307 | 11,233,947 | |
Lindsay Corp. | 21,677 | 2,076,006 | |
LiqTech International, Inc. (b) | 29,487 | 37,448 | |
Lydall, Inc. (b) | 35,107 | 1,502,580 | |
Manitex International, Inc. (b) | 22,611 | 239,224 | |
Manitowoc Co., Inc. (b) | 77,458 | 1,796,251 | |
Meritor, Inc. (b) | 165,960 | 3,594,694 | |
Middleby Corp. (a)(b) | 106,607 | 12,957,015 | |
Milacron Holdings Corp. (b) | 108,228 | 2,294,434 | |
Miller Industries, Inc. | 17,053 | 491,126 | |
Mueller Industries, Inc. | 105,921 | 3,386,294 | |
Mueller Water Products, Inc. Class A | 293,253 | 3,392,937 | |
Navistar International Corp. New (b) | 135,078 | 5,885,348 | |
NN, Inc. | 52,533 | 1,050,660 | |
Nordson Corp. | 100,267 | 13,939,118 | |
Omega Flex, Inc. | 9,376 | 832,120 | |
Oshkosh Corp. | 140,191 | 9,849,820 | |
PACCAR, Inc. | 679,547 | 46,494,606 | |
Park-Ohio Holdings Corp. | 14,422 | 597,792 | |
Parker Hannifin Corp. | 253,685 | 44,547,086 | |
Pentair PLC (a) | 305,732 | 13,293,227 | |
ProPetro Holding Corp. (a)(b) | 135,286 | 2,059,053 | |
Proto Labs, Inc. (b) | 50,933 | 7,917,535 | |
RBC Bearings, Inc. (b) | 45,770 | 6,856,804 | |
Rexnord Corp. (b) | 212,340 | 6,164,230 | |
Snap-On, Inc. | 109,115 | 19,289,350 | |
Spartan Motors, Inc. | 58,691 | 848,085 | |
SPX Corp. (b) | 82,686 | 2,810,497 | |
SPX Flow, Inc. (b) | 81,195 | 3,892,488 | |
Standex International Corp. | 25,325 | 2,732,568 | |
Stanley Black & Decker, Inc. | 297,054 | 41,744,999 | |
Sun Hydraulics Corp. | 54,328 | 2,734,872 | |
Tennant Co. | 37,244 | 2,851,028 | |
Terex Corp. | 134,325 | 5,205,094 | |
The L.S. Starrett Co. Class A | 4,836 | 30,950 | |
Timken Co. | 132,173 | 6,430,216 | |
Titan International, Inc. | 99,148 | 741,627 | |
Toro Co. | 202,538 | 12,312,285 | |
TriMas Corp. (b) | 87,891 | 2,698,254 | |
Trinity Industries, Inc. | 282,304 | 10,117,775 | |
Twin Disc, Inc. (b) | 12,776 | 326,427 | |
Wabash National Corp. | 128,198 | 2,338,332 | |
WABCO Holdings, Inc. (b) | 97,717 | 12,027,008 | |
Wabtec Corp. (a) | 164,993 | 17,872,042 | |
Watts Water Technologies, Inc. Class A | 51,551 | 4,250,380 | |
Woodward, Inc. | 106,719 | 8,597,283 | |
Xerium Technologies, Inc. (b) | 24,055 | 323,299 | |
Xylem, Inc. | 346,859 | 26,330,067 | |
1,040,452,557 | |||
Marine - 0.0% | |||
Genco Shipping & Trading Ltd. (b) | 30,037 | 412,408 | |
Kirby Corp. (b) | 104,255 | 9,101,462 | |
Matson, Inc. | 77,859 | 2,908,812 | |
12,422,682 | |||
Professional Services - 0.5% | |||
Acacia Research Corp. (b) | 85,808 | 334,651 | |
Asgn, Inc. (b) | 102,509 | 9,491,308 | |
Barrett Business Services, Inc. | 14,280 | 1,071,428 | |
BG Staffing, Inc. | 15,034 | 366,228 | |
CBIZ, Inc. (b) | 102,613 | 2,452,451 | |
CoStar Group, Inc. (b) | 70,825 | 31,315,982 | |
CRA International, Inc. | 15,589 | 891,067 | |
Dun & Bradstreet Corp. | 69,069 | 9,871,341 | |
Equifax, Inc. | 231,868 | 31,063,356 | |
Exponent, Inc. | 105,908 | 5,544,284 | |
Forrester Research, Inc. | 19,263 | 947,740 | |
Franklin Covey Co. (b) | 21,149 | 541,414 | |
FTI Consulting, Inc. (b) | 72,107 | 5,495,996 | |
GP Strategies Corp. (b) | 24,233 | 461,639 | |
Heidrick & Struggles International, Inc. | 35,167 | 1,554,381 | |
Hudson Global, Inc. (b) | 13,947 | 24,128 | |
Huron Consulting Group, Inc. (b) | 44,292 | 2,192,454 | |
ICF International, Inc. | 39,140 | 3,195,781 | |
IHS Markit Ltd. (b) | 692,751 | 38,101,305 | |
InnerWorkings, Inc. (b) | 93,417 | 730,521 | |
Insperity, Inc. | 75,823 | 9,087,387 | |
Kelly Services, Inc. Class A (non-vtg.) | 58,614 | 1,477,659 | |
Kforce, Inc. | 47,957 | 2,016,592 | |
Korn/Ferry International | 104,534 | 7,017,367 | |
Manpower, Inc. | 124,187 | 11,640,048 | |
Marathon Patent Group, Inc. (a)(b) | 2,210 | 2,166 | |
Mastech Digital, Inc. (b) | 746 | 7,833 | |
MISTRAS Group, Inc. (b) | 29,557 | 674,195 | |
Navigant Consulting, Inc. | 88,402 | 2,111,924 | |
Nielsen Holdings PLC | 643,338 | 16,726,788 | |
RCM Technologies, Inc. | 9,908 | 48,549 | |
Reis, Inc. | 9,166 | 211,276 | |
Resources Connection, Inc. | 51,824 | 857,687 | |
Robert Half International, Inc. | 239,490 | 18,723,328 | |
TransUnion Holding Co., Inc. | 293,200 | 22,077,960 | |
TriNet Group, Inc. (b) | 78,552 | 4,640,067 | |
TrueBlue, Inc. (b) | 75,110 | 2,200,723 | |
Verisk Analytics, Inc. (b) | 297,961 | 35,484,175 | |
Volt Information Sciences, Inc. (b) | 6,248 | 21,868 | |
WageWorks, Inc. (a)(b) | 80,292 | 4,295,622 | |
Willdan Group, Inc. (a)(b) | 10,974 | 344,254 | |
285,314,923 | |||
Road & Rail - 1.0% | |||
AMERCO | 13,656 | 5,119,498 | |
ArcBest Corp. | 51,704 | 2,486,962 | |
Avis Budget Group, Inc. (b) | 136,725 | 4,253,515 | |
Covenant Transport Group, Inc. Class A (b) | 19,818 | 591,964 | |
CSX Corp. | 1,690,565 | 125,372,300 | |
Daseke, Inc. (b) | 99,388 | 893,498 | |
Genesee & Wyoming, Inc. Class A (b) | 114,611 | 10,073,161 | |
Heartland Express, Inc. | 106,928 | 2,186,678 | |
J.B. Hunt Transport Services, Inc. | 163,958 | 19,797,929 | |
Kansas City Southern | 196,910 | 22,833,684 | |
Knight-Swift Transportation Holdings, Inc. Class A | 245,159 | 8,367,277 | |
Landstar System, Inc. | 82,670 | 9,573,186 | |
Marten Transport Ltd. | 73,518 | 1,621,072 | |
Norfolk Southern Corp. | 547,449 | 95,168,534 | |
Old Dominion Freight Lines, Inc. | 133,852 | 20,399,045 | |
P.A.M. Transportation Services, Inc. (b) | 3,193 | 186,056 | |
Patriot Transportation Holding, Inc. (b) | 1,280 | 25,971 | |
Roadrunner Transportation Systems, Inc. (b) | 43,638 | 56,729 | |
Ryder System, Inc. | 101,736 | 7,817,394 | |
Saia, Inc. (b) | 54,211 | 4,296,222 | |
Schneider National, Inc. Class B | 73,442 | 1,986,606 | |
U.S.A. Truck, Inc. (b) | 13,000 | 284,830 | |
Union Pacific Corp. | 1,498,104 | 225,644,424 | |
Universal Logistics Holdings, Inc. | 19,202 | 702,793 | |
Werner Enterprises, Inc. (a) | 93,918 | 3,479,662 | |
YRC Worldwide, Inc. (b) | 47,961 | 458,987 | |
573,677,977 | |||
Trading Companies & Distributors - 0.4% | |||
AeroCentury Corp. (b) | 688 | 11,799 | |
Air Lease Corp. Class A | 196,588 | 9,084,331 | |
Aircastle Ltd. | 114,719 | 2,399,921 | |
Applied Industrial Technologies, Inc. | 73,619 | 5,672,344 | |
Beacon Roofing Supply, Inc. (b) | 133,931 | 4,966,161 | |
BlueLinx Corp. (a)(b) | 15,461 | 555,514 | |
BMC Stock Holdings, Inc. (b) | 114,770 | 2,582,325 | |
CAI International, Inc. (b) | 29,270 | 789,997 | |
DXP Enterprises, Inc. (b) | 35,307 | 1,620,238 | |
EnviroStar, Inc. | 2,922 | 138,065 | |
Fastenal Co. | 550,441 | 32,123,737 | |
GATX Corp. | 72,462 | 6,119,416 | |
General Finance Corp. (b) | 24,408 | 333,169 | |
H&E Equipment Services, Inc. | 57,616 | 2,005,613 | |
HD Supply Holdings, Inc. (b) | 361,647 | 16,487,487 | |
Herc Holdings, Inc. (b) | 53,715 | 2,824,335 | |
Houston Wire & Cable Co. (b) | 17,990 | 147,518 | |
Huttig Building Products, Inc. (a)(b) | 22,831 | 118,265 | |
Kaman Corp. | 55,700 | 3,632,197 | |
Lawson Products, Inc. (b) | 6,300 | 212,310 | |
MRC Global, Inc. (b) | 173,407 | 3,573,918 | |
MSC Industrial Direct Co., Inc. Class A | 88,439 | 7,559,766 | |
Nexeo Solutions, Inc. (b) | 103,751 | 1,038,548 | |
Now, Inc. (a)(b) | 223,998 | 3,850,526 | |
Rush Enterprises, Inc. Class A | 66,284 | 2,847,561 | |
SiteOne Landscape Supply, Inc. (a)(b) | 75,950 | 6,863,602 | |
Systemax, Inc. | 25,488 | 930,312 | |
Titan Machinery, Inc. (b) | 39,035 | 704,972 | |
Transcat, Inc. (b) | 1,764 | 42,953 | |
Triton International Ltd. | 90,645 | 3,424,568 | |
United Rentals, Inc. (b) | 161,067 | 25,105,513 | |
Univar, Inc. (b) | 216,684 | 6,028,149 | |
Veritiv Corp. (b) | 20,555 | 981,501 | |
W.W. Grainger, Inc. | 99,004 | 35,054,346 | |
Watsco, Inc. | 63,561 | 11,122,539 | |
WESCO International, Inc. (b) | 89,453 | 5,470,051 | |
Willis Lease Finance Corp. (b) | 3,680 | 126,150 | |
206,549,717 | |||
Transportation Infrastructure - 0.0% | |||
Macquarie Infrastructure Co. LLC | 155,741 | 7,326,057 | |
TOTAL INDUSTRIALS | 5,958,058,160 | ||
INFORMATION TECHNOLOGY - 25.3% | |||
Communications Equipment - 1.2% | |||
ADTRAN, Inc. | 98,876 | 1,700,667 | |
Aerohive Networks, Inc. (b) | 130,171 | 549,322 | |
Applied Optoelectronics, Inc. (a)(b) | 37,490 | 1,550,586 | |
Arista Networks, Inc. (b) | 92,276 | 27,588,678 | |
Arris International PLC (b) | 342,940 | 8,885,575 | |
Aviat Networks, Inc. (b) | 5,550 | 98,790 | |
Bank Technologies, Inc. | 9,436 | 35,857 | |
Black Box Corp. (a)(b) | 16,753 | 20,941 | |
Blonder Tongue Laboratories, Inc. (a)(b) | 3,352 | 4,525 | |
CalAmp Corp. (b) | 63,415 | 1,490,253 | |
Calix Networks, Inc. (b) | 78,308 | 610,802 | |
Carvana Co. Class A (a)(b) | 64,380 | 4,167,961 | |
Ciena Corp. (b) | 279,723 | 8,833,652 | |
Cisco Systems, Inc. | 9,094,558 | 434,447,036 | |
Clearfield, Inc. (a)(b) | 16,017 | 218,632 | |
CommScope Holding Co., Inc. (b) | 384,070 | 12,171,178 | |
Communications Systems, Inc. | 4,311 | 14,744 | |
Comtech Telecommunications Corp. | 47,745 | 1,711,658 | |
Dasan Zhone Solutions, Inc. (b) | 1,172 | 12,704 | |
Digi International, Inc. (b) | 40,102 | 539,372 | |
EchoStar Holding Corp. Class A (b) | 101,657 | 4,879,536 | |
EMCORE Corp. (b) | 50,451 | 244,687 | |
Extreme Networks, Inc. (b) | 245,320 | 1,538,156 | |
F5 Networks, Inc. (b) | 116,728 | 22,075,599 | |
Finisar Corp. (a)(b) | 225,637 | 4,602,995 | |
Harmonic, Inc. (b) | 151,876 | 827,724 | |
Infinera Corp. (b) | 292,195 | 2,615,145 | |
InterDigital, Inc. | 69,625 | 5,751,025 | |
Juniper Networks, Inc. | 666,051 | 18,935,830 | |
KVH Industries, Inc. (b) | 23,641 | 294,330 | |
Lantronix, Inc. (b) | 71 | 378 | |
Lumentum Holdings, Inc. (a)(b) | 121,030 | 8,217,937 | |
Motorola Solutions, Inc. | 316,034 | 40,566,124 | |
NETGEAR, Inc. (b) | 61,250 | 4,339,563 | |
NetScout Systems, Inc. (a)(b) | 166,854 | 4,171,350 | |
Network-1 Security Solutions, Inc. | 21,477 | 62,283 | |
Oclaro, Inc. (b) | 327,153 | 3,121,040 | |
Optical Cable Corp. (b) | 564 | 2,171 | |
Palo Alto Networks, Inc. (b) | 177,269 | 40,975,729 | |
PC-Tel, Inc. | 11,999 | 52,076 | |
Plantronics, Inc. | 61,152 | 4,110,637 | |
Quantenna Communications, Inc. (b) | 45,324 | 828,069 | |
Resonant, Inc. (a)(b) | 33,716 | 179,032 | |
Sonus Networks, Inc. (b) | 96,218 | 665,829 | |
Tessco Technologies, Inc. | 8,837 | 157,740 | |
Ubiquiti Networks, Inc. (a) | 44,626 | 4,003,398 | |
ViaSat, Inc. (a)(b) | 110,840 | 6,962,969 | |
Viavi Solutions, Inc. (b) | 430,589 | 4,822,597 | |
Westell Technologies, Inc. Class A (b) | 18,994 | 54,513 | |
689,711,395 | |||
Electronic Equipment & Components - 0.9% | |||
ADT, Inc. (a) | 248,071 | 2,220,235 | |
Akoustis Technologies, Inc. (a)(b) | 16,654 | 138,894 | |
Amphenol Corp. Class A | 579,462 | 54,805,516 | |
Anixter International, Inc. (b) | 56,429 | 4,068,531 | |
Applied DNA Sciences, Inc. (a)(b) | 18,968 | 23,141 | |
Arrow Electronics, Inc. (b) | 170,045 | 13,183,589 | |
Avnet, Inc. | 233,063 | 11,280,249 | |
AVX Corp. | 141,087 | 2,983,990 | |
Badger Meter, Inc. | 71,423 | 3,924,694 | |
Bel Fuse, Inc. Class B (non-vtg.) | 13,939 | 399,352 | |
Belden, Inc. (a) | 76,472 | 5,561,044 | |
Benchmark Electronics, Inc. | 106,802 | 2,760,832 | |
Cardtronics PLC (b) | 88,314 | 3,098,938 | |
Casa Systems, Inc. (a)(b) | 32,499 | 477,410 | |
CDW Corp. | 293,645 | 25,711,556 | |
ClearSign Combustion Corp. (a)(b) | 37,840 | 77,572 | |
Cognex Corp. | 334,381 | 17,989,698 | |
Coherent, Inc. (b) | 47,244 | 9,004,706 | |
Control4 Corp. (b) | 35,202 | 1,140,897 | |
Corning, Inc. | 1,602,127 | 53,687,276 | |
CTS Corp. | 68,145 | 2,517,958 | |
CUI Global, Inc. (b) | 26,608 | 60,134 | |
Daktronics, Inc. | 62,775 | 509,105 | |
Dell Technologies, Inc. (b) | 384,908 | 37,016,602 | |
Dolby Laboratories, Inc. Class A | 126,838 | 8,902,759 | |
DPW Holdings, Inc. (a)(b) | 36,717 | 17,995 | |
Echelon Corp. (b) | 3,219 | 27,201 | |
Electro Scientific Industries, Inc. (a)(b) | 77,933 | 1,710,629 | |
eMagin Corp. (a)(b) | 5,084 | 7,372 | |
ePlus, Inc. (b) | 25,477 | 2,640,691 | |
Fabrinet | 71,377 | 3,416,817 | |
FARO Technologies, Inc. (b) | 33,227 | 2,266,081 | |
Fitbit, Inc. (a)(b) | 329,669 | 1,984,607 | |
FLIR Systems, Inc. | 264,525 | 16,596,299 | |
Frequency Electronics, Inc. (b) | 2,550 | 21,165 | |
I. D. Systems Inc. (b) | 6,071 | 39,097 | |
Identiv, Inc. (b) | 13,618 | 82,661 | |
IEC Electronics Corp. (b) | 4,622 | 25,375 | |
II-VI, Inc. (a)(b) | 108,470 | 5,396,383 | |
Insight Enterprises, Inc. (b) | 74,803 | 4,124,637 | |
Intellicheck, Inc. (b) | 545 | 1,183 | |
IPG Photonics Corp. (b) | 71,680 | 12,578,406 | |
Iteris, Inc. (b) | 32,677 | 168,287 | |
Itron, Inc. (b) | 68,955 | 4,578,612 | |
Jabil, Inc. | 329,280 | 9,733,517 | |
KEMET Corp. (b) | 90,175 | 2,330,122 | |
KEY Tronic Corp. (b) | 6,483 | 51,864 | |
Keysight Technologies, Inc. (b) | 362,522 | 23,524,053 | |
Kimball Electronics, Inc. (b) | 32,297 | 639,481 | |
Knowles Corp. (b) | 178,238 | 3,231,455 | |
LightPath Technologies, Inc. Class A (b) | 376 | 805 | |
Littelfuse, Inc. | 48,352 | 10,809,573 | |
LRAD Corp. (b) | 56,581 | 172,006 | |
Luna Innovations, Inc. (b) | 1,444 | 5,372 | |
Maxwell Technologies, Inc. (a)(b) | 69,108 | 246,716 | |
Mesa Laboratories, Inc. | 6,988 | 1,402,841 | |
Methode Electronics, Inc. Class A | 72,142 | 2,860,430 | |
MicroVision, Inc. (a)(b) | 117,860 | 126,110 | |
MTS Systems Corp. | 33,405 | 1,807,211 | |
Napco Security Technolgies, Inc. (b) | 19,961 | 301,411 | |
National Instruments Corp. | 222,128 | 10,606,612 | |
Neonode, Inc. (a)(b) | 33,197 | 10,125 | |
NetList, Inc. (a)(b) | 104,599 | 12,207 | |
Novanta, Inc. (b) | 62,772 | 4,808,335 | |
OSI Systems, Inc. (b) | 33,928 | 2,642,652 | |
Par Technology Corp. (b) | 16,979 | 436,021 | |
Park Electrochemical Corp. | 39,479 | 844,061 | |
PC Connection, Inc. | 26,383 | 1,047,405 | |
PC Mall, Inc. (b) | 13,245 | 301,986 | |
Perceptron, Inc. (b) | 13,154 | 142,326 | |
Plexus Corp. (b) | 72,969 | 4,618,208 | |
RadiSys Corp. (b) | 34,231 | 54,427 | |
Research Frontiers, Inc. (a)(b) | 16,855 | 19,383 | |
RF Industries Ltd. | 10,801 | 127,452 | |
Richardson Electronics Ltd. | 23,707 | 214,074 | |
Rogers Corp. (b) | 37,812 | 5,220,703 | |
Sanmina Corp. (b) | 138,110 | 4,253,788 | |
ScanSource, Inc. (b) | 47,085 | 1,914,005 | |
SYNNEX Corp. | 54,859 | 5,319,677 | |
TE Connectivity Ltd. | 675,804 | 61,957,711 | |
Tech Data Corp. (b) | 69,796 | 5,077,659 | |
Trimble, Inc. (b) | 484,457 | 20,395,640 | |
TTM Technologies, Inc. (a)(b) | 178,081 | 3,330,115 | |
Vishay Intertechnology, Inc. | 264,352 | 6,291,578 | |
Vishay Precision Group, Inc. (b) | 24,989 | 1,082,024 | |
Wayside Technology Group, Inc. | 1,232 | 14,784 | |
Wireless Telecom Group, Inc. (b) | 11,200 | 21,280 | |
Zebra Technologies Corp. Class A (b) | 102,395 | 17,585,317 | |
532,820,698 | |||
Internet Software & Services - 4.7% | |||
2U, Inc. (a)(b) | 111,967 | 10,005,371 | |
Akamai Technologies, Inc. (b) | 326,630 | 24,542,978 | |
Alarm.com Holdings, Inc. (a)(b) | 54,404 | 3,062,401 | |
Alphabet, Inc.: | |||
Class A (b) | 572,930 | 705,735,174 | |
Class C (b) | 592,503 | 721,781,230 | |
Amber Road, Inc. (b) | 55,819 | 487,300 | |
ANGI Homeservices, Inc. Class A (a)(b) | 114,757 | 2,485,637 | |
AppFolio, Inc. (b) | 24,746 | 2,113,308 | |
Apptio, Inc. Class A (b) | 64,694 | 2,510,127 | |
Autoweb, Inc. (b) | 9,434 | 32,642 | |
Benefitfocus, Inc. (a)(b) | 50,661 | 2,234,150 | |
BlackLine, Inc. (b) | 72,946 | 3,848,631 | |
Box, Inc. Class A (b) | 239,503 | 5,882,194 | |
Brightcove, Inc. (b) | 59,246 | 485,817 | |
BroadVision, Inc. (b) | 490 | 882 | |
Carbonite, Inc. (b) | 65,049 | 2,702,786 | |
Care.com, Inc. (b) | 25,585 | 497,117 | |
CarGurus, Inc. Class A (a) | 26,157 | 1,290,063 | |
ChannelAdvisor Corp. (b) | 44,036 | 574,670 | |
Cision Ltd. (b) | 115,349 | 2,088,970 | |
Cloudera, Inc. (b) | 163,925 | 2,460,514 | |
Cornerstone OnDemand, Inc. (b) | 104,237 | 5,895,645 | |
Coupa Software, Inc. (b) | 54,059 | 3,876,571 | |
Determine, Inc. (b) | 552 | 450 | |
DHI Group, Inc. (b) | 141,360 | 303,924 | |
DocuSign, Inc. (a) | 43,593 | 2,721,947 | |
Dropbox, Inc. Class A (a)(b) | 90,419 | 2,427,750 | |
eBay, Inc. (b) | 1,793,865 | 62,085,668 | |
eGain Communications Corp. (b) | 36,778 | 525,925 | |
Endurance International Group Holdings, Inc. (b) | 144,299 | 1,392,485 | |
Envestnet, Inc. (b) | 94,260 | 5,957,232 | |
Etsy, Inc. (b) | 212,798 | 10,361,135 | |
Facebook, Inc. Class A (b) | 4,643,624 | 816,024,046 | |
Five9, Inc. (b) | 103,789 | 4,987,061 | |
Fusion Connect, Inc. (a)(b) | 36,836 | 136,293 | |
GlowPoint, Inc. (b) | 18,770 | 3,322 | |
GoDaddy, Inc. (b) | 320,456 | 26,104,346 | |
Gogo, Inc. (a)(b) | 109,584 | 492,032 | |
GrubHub, Inc. (a)(b) | 172,597 | 24,872,954 | |
GTT Communications, Inc. (a)(b) | 72,527 | 3,122,287 | |
Hortonworks, Inc. (b) | 136,805 | 3,053,488 | |
IAC/InterActiveCorp (b) | 149,632 | 29,507,430 | |
Instructure, Inc. (b) | 66,082 | 2,706,058 | |
Internap Network Services Corp. (b) | 24,920 | 334,426 | |
Inuvo, Inc. (b) | 9,640 | 6,170 | |
iPass, Inc. (a)(b) | 3,366 | 6,732 | |
j2 Global, Inc. | 91,978 | 7,594,623 | |
Leaf Group Ltd. (b) | 21,524 | 237,840 | |
Limelight Networks, Inc. (b) | 254,165 | 1,288,617 | |
Liquidity Services, Inc. (b) | 37,923 | 273,046 | |
LivePerson, Inc. (b) | 121,653 | 3,272,466 | |
LogMeIn, Inc. | 98,288 | 8,447,854 | |
Marchex, Inc. Class B | 28,685 | 82,613 | |
Marin Software, Inc. (a)(b) | 1,425 | 4,774 | |
Match Group, Inc. (a)(b) | 124,151 | 6,213,758 | |
MeetMe, Inc. (b) | 126,880 | 647,088 | |
MINDBODY, Inc. (a)(b) | 64,397 | 2,389,129 | |
MongoDB, Inc. Class A (a) | 49,623 | 3,570,871 | |
New Relic, Inc. (b) | 84,195 | 8,651,878 | |
Nutanix, Inc. Class A (b) | 135,969 | 7,657,774 | |
Okta, Inc. (b) | 141,250 | 8,733,488 | |
Pandora Media, Inc. (a)(b) | 482,271 | 4,456,184 | |
Q2 Holdings, Inc. (b) | 67,613 | 4,212,290 | |
QuinStreet, Inc. (b) | 78,551 | 1,191,619 | |
Qumu Corp. (b) | 6,017 | 14,621 | |
Quotient Technology, Inc. (b) | 150,934 | 2,256,463 | |
Remark Holdings, Inc. (a)(b) | 33,979 | 119,606 | |
SecureWorks Corp. (a)(b) | 18,872 | 251,186 | |
ShotSpotter, Inc. (a)(b) | 8,210 | 468,298 | |
Shutterstock, Inc. | 36,454 | 2,006,428 | |
SPS Commerce, Inc. (b) | 36,537 | 3,590,491 | |
Stamps.com, Inc. (b) | 32,276 | 8,018,972 | |
Support.com, Inc. (b) | 39,218 | 108,242 | |
Synacor, Inc. (b) | 20,037 | 38,571 | |
TechTarget, Inc. (b) | 34,602 | 830,102 | |
Telaria, Inc. (b) | 40,833 | 167,824 | |
The Trade Desk, Inc. (a)(b) | 44,565 | 6,322,882 | |
Travelzoo, Inc. (b) | 5,383 | 66,749 | |
TrueCar, Inc. (a)(b) | 174,422 | 2,243,067 | |
Twilio, Inc. Class A (b) | 148,233 | 11,956,474 | |
Twitter, Inc. (b) | 1,262,666 | 44,420,590 | |
VeriSign, Inc. (b) | 187,785 | 29,784,579 | |
Veritone, Inc. (b) | 20,237 | 211,274 | |
Web.com Group, Inc. (b) | 88,964 | 2,486,544 | |
XO Group, Inc. (b) | 59,336 | 1,783,640 | |
Yelp, Inc. (b) | 147,397 | 6,945,347 | |
Yext, Inc. (a)(b) | 125,704 | 3,125,001 | |
Zillow Group, Inc.: | |||
Class A (b) | 91,547 | 4,403,411 | |
Class C (a)(b) | 229,161 | 11,148,683 | |
2,713,422,296 | |||
IT Services - 4.4% | |||
Accenture PLC Class A | 1,243,715 | 210,274,895 | |
Acxiom Corp. (b) | 148,845 | 6,800,728 | |
Alliance Data Systems Corp. | 93,145 | 22,222,534 | |
Automatic Data Processing, Inc. | 851,797 | 125,001,210 | |
Booz Allen Hamilton Holding Corp. Class A | 279,997 | 14,324,647 | |
Broadridge Financial Solutions, Inc. | 225,825 | 30,517,991 | |
CACI International, Inc. Class A (b) | 49,436 | 9,640,020 | |
Cass Information Systems, Inc. | 18,117 | 1,295,909 | |
Cognizant Technology Solutions Corp. Class A | 1,135,612 | 89,066,049 | |
Computer Task Group, Inc. (b) | 11,646 | 68,013 | |
Conduent, Inc. (b) | 388,026 | 8,994,443 | |
Convergys Corp. | 187,983 | 4,648,820 | |
CoreLogic, Inc. (b) | 158,956 | 8,081,323 | |
CSG Systems International, Inc. | 69,253 | 2,586,600 | |
CSP, Inc. | 3,696 | 48,898 | |
DXC Technology Co. | 548,783 | 49,988,643 | |
Edgewater Technology, Inc. (b) | 2,875 | 13,656 | |
EPAM Systems, Inc. (b) | 99,263 | 14,187,661 | |
Euronet Worldwide, Inc. (b) | 99,267 | 9,708,313 | |
Everi Holdings, Inc. (b) | 133,235 | 1,155,147 | |
EVERTEC, Inc. | 119,642 | 2,877,390 | |
ExlService Holdings, Inc. (b) | 67,145 | 4,302,652 | |
Fidelity National Information Services, Inc. | 643,459 | 69,602,960 | |
First Data Corp. Class A (b) | 1,073,625 | 27,613,635 | |
Fiserv, Inc. (b) | 793,220 | 63,513,125 | |
FleetCor Technologies, Inc. (b) | 171,972 | 36,757,295 | |
Gartner, Inc. (a)(b) | 176,404 | 26,418,263 | |
Genpact Ltd. | 302,672 | 9,273,870 | |
Global Payments, Inc. | 307,486 | 38,306,606 | |
Hackett Group, Inc. | 51,835 | 1,061,062 | |
IBM Corp. | 1,653,732 | 242,238,663 | |
Information Services Group, Inc. (b) | 18,000 | 89,100 | |
Innodata, Inc. (b) | 14,010 | 20,315 | |
Jack Henry & Associates, Inc. | 152,467 | 24,156,871 | |
Leidos Holdings, Inc. | 274,684 | 19,439,387 | |
ManTech International Corp. Class A | 56,813 | 3,767,838 | |
MasterCard, Inc. Class A | 1,774,601 | 382,532,992 | |
Maximus, Inc. | 130,433 | 8,673,795 | |
ModusLink Global Solutions, Inc. (b) | 31,030 | 67,956 | |
MoneyGram International, Inc. (b) | 66,937 | 435,760 | |
NIC, Inc. | 134,488 | 2,259,398 | |
Paychex, Inc. | 615,344 | 45,073,948 | |
PayPal Holdings, Inc. (b) | 2,157,400 | 199,192,742 | |
Perficient, Inc. (b) | 66,954 | 1,923,588 | |
Perspecta, Inc. | 269,702 | 6,273,269 | |
PFSweb, Inc. (b) | 26,075 | 224,506 | |
Presidio, Inc. (a) | 95,619 | 1,445,759 | |
PRG-Schultz International, Inc. (b) | 36,569 | 349,234 | |
Sabre Corp. | 484,272 | 12,644,342 | |
Science Applications International Corp. | 82,023 | 7,400,115 | |
ServiceSource International, Inc. (b) | 116,353 | 371,166 | |
Square, Inc. (b) | 558,892 | 49,540,187 | |
StarTek, Inc. (a)(b) | 15,709 | 95,197 | |
Sykes Enterprises, Inc. (b) | 77,094 | 2,331,323 | |
Syntel, Inc. (b) | 71,654 | 2,919,184 | |
Teradata Corp. (b) | 229,463 | 9,515,831 | |
The Western Union Co. | 887,614 | 16,793,657 | |
Total System Services, Inc. | 319,353 | 31,021,950 | |
Travelport Worldwide Ltd. | 241,707 | 4,488,499 | |
Ttec Holdings, Inc. | 33,151 | 868,556 | |
Unisys Corp. (a)(b) | 94,015 | 1,748,679 | |
Virtusa Corp. (b) | 54,223 | 3,159,032 | |
Visa, Inc. Class A | 3,452,122 | 507,082,201 | |
WEX, Inc. (b) | 76,928 | 14,633,244 | |
WidePoint Corp. (b) | 71,654 | 36,902 | |
Worldpay, Inc. (b) | 573,890 | 55,891,147 | |
2,547,058,691 | |||
Semiconductors & Semiconductor Equipment - 3.7% | |||
Acacia Communications, Inc. (a)(b) | 39,295 | 1,602,057 | |
Adesto Technologies Corp. (a)(b) | 45,484 | 275,178 | |
Advanced Energy Industries, Inc. (b) | 78,974 | 4,705,271 | |
Advanced Micro Devices, Inc. (a)(b) | 1,592,826 | 40,091,430 | |
AEHR Test Systems (b) | 18,931 | 47,895 | |
Alpha & Omega Semiconductor Ltd. (b) | 39,883 | 566,737 | |
Amkor Technology, Inc. (b) | 266,466 | 2,326,248 | |
Amtech Systems, Inc. (b) | 13,719 | 75,317 | |
Analog Devices, Inc. | 713,961 | 70,575,045 | |
Applied Materials, Inc. | 1,942,854 | 83,581,579 | |
Aquantia Corp. (b) | 25,937 | 327,844 | |
Axcelis Technologies, Inc. (b) | 55,214 | 1,115,323 | |
AXT, Inc. (a)(b) | 68,422 | 540,534 | |
Broadcom, Inc. | 777,449 | 170,284,654 | |
Brooks Automation, Inc. | 142,458 | 5,614,270 | |
Cabot Microelectronics Corp. | 49,260 | 5,553,080 | |
Ceva, Inc. (b) | 44,635 | 1,365,831 | |
Cirrus Logic, Inc. (b) | 115,056 | 5,056,711 | |
Cohu, Inc. | 72,404 | 1,910,018 | |
Cree, Inc. (a)(b) | 190,377 | 9,159,037 | |
CVD Equipment Corp. (a)(b) | 24,298 | 156,722 | |
CyberOptics Corp. (b) | 9,251 | 206,297 | |
Cypress Semiconductor Corp. | 702,153 | 12,084,053 | |
Diodes, Inc. (b) | 80,058 | 3,035,799 | |
DSP Group, Inc. (b) | 64,723 | 831,691 | |
Entegris, Inc. | 292,500 | 9,915,750 | |
First Solar, Inc. (b) | 156,704 | 8,161,144 | |
FormFactor, Inc. (b) | 153,604 | 2,373,182 | |
GSI Technology, Inc. (b) | 18,344 | 128,591 | |
Ichor Holdings Ltd. (a)(b) | 54,823 | 1,421,560 | |
Impinj, Inc. (a)(b) | 40,581 | 871,680 | |
Inphi Corp. (a)(b) | 81,649 | 3,026,728 | |
Integrated Device Technology, Inc. (b) | 253,049 | 10,752,052 | |
Intel Corp. | 9,020,847 | 436,879,620 | |
Intermolecular, Inc. (b) | 6,975 | 9,416 | |
Intest Corp. (b) | 2,175 | 19,031 | |
KLA-Tencor Corp. | 301,014 | 34,980,837 | |
Kopin Corp. (a)(b) | 88,411 | 205,114 | |
Kulicke & Soffa Industries, Inc. | 141,853 | 3,658,389 | |
Lam Research Corp. (a) | 315,956 | 54,688,824 | |
Lattice Semiconductor Corp. (b) | 269,339 | 2,205,886 | |
MACOM Technology Solutions Holdings, Inc. (a)(b) | 79,684 | 1,836,716 | |
Marvell Technology Group Ltd. | 1,120,454 | 23,170,989 | |
Maxim Integrated Products, Inc. | 536,291 | 32,429,517 | |
MaxLinear, Inc. Class A (b) | 115,923 | 2,234,995 | |
Microchip Technology, Inc. (a) | 452,919 | 38,964,622 | |
Micron Technology, Inc. (b) | 2,240,035 | 117,646,638 | |
MKS Instruments, Inc. | 107,238 | 9,962,410 | |
Monolithic Power Systems, Inc. | 76,797 | 11,509,566 | |
MoSys, Inc. (a)(b) | 6,042 | 5,075 | |
Nanometrics, Inc. (b) | 47,602 | 2,085,444 | |
NeoPhotonics Corp. (a)(b) | 75,400 | 662,766 | |
NVE Corp. | 8,841 | 1,005,045 | |
NVIDIA Corp. | 1,174,599 | 329,686,447 | |
ON Semiconductor Corp. (b) | 814,755 | 17,386,872 | |
PDF Solutions, Inc. (a)(b) | 47,788 | 416,711 | |
Photronics, Inc. (b) | 134,263 | 1,436,614 | |
Pixelworks, Inc. (b) | 39,177 | 215,865 | |
Power Integrations, Inc. | 60,434 | 4,432,834 | |
Qorvo, Inc. (b) | 246,045 | 19,705,744 | |
Qualcomm, Inc. | 2,868,007 | 197,060,761 | |
QuickLogic Corp. (b) | 142,208 | 155,007 | |
Rambus, Inc. (b) | 201,505 | 2,462,391 | |
Rubicon Technology, Inc. (a)(b) | 2,504 | 22,887 | |
Rudolph Technologies, Inc. (b) | 69,669 | 1,936,798 | |
Semtech Corp. (b) | 131,349 | 7,848,103 | |
Silicon Laboratories, Inc. (b) | 83,053 | 8,139,194 | |
Skyworks Solutions, Inc. | 352,497 | 32,182,976 | |
SMART Global Holdings, Inc. (a)(b) | 13,359 | 440,713 | |
SolarEdge Technologies, Inc. (a)(b) | 72,575 | 3,479,971 | |
SunPower Corp. (a)(b) | 126,150 | 847,728 | |
Synaptics, Inc. (a)(b) | 66,113 | 3,190,613 | |
Teradyne, Inc. | 368,760 | 15,189,224 | |
Texas Instruments, Inc. | 1,891,141 | 212,564,248 | |
Ultra Clean Holdings, Inc. (b) | 73,387 | 1,119,886 | |
Universal Display Corp. | 81,004 | 9,914,890 | |
Veeco Instruments, Inc. (b) | 86,705 | 1,040,460 | |
Versum Materials, Inc. | 215,014 | 8,555,407 | |
Xcerra Corp. (b) | 98,441 | 1,425,426 | |
Xilinx, Inc. | 492,485 | 38,330,108 | |
Xperi Corp. | 106,934 | 1,678,864 | |
2,152,766,950 | |||
Software - 6.2% | |||
8x8, Inc. (b) | 182,283 | 4,137,824 | |
A10 Networks, Inc. (b) | 73,118 | 509,632 | |
ACI Worldwide, Inc. (b) | 221,607 | 6,295,855 | |
Activision Blizzard, Inc. | 1,476,345 | 106,444,475 | |
Adobe Systems, Inc. (b) | 951,220 | 250,655,982 | |
Agilysys, Inc. (b) | 38,149 | 613,054 | |
Altair Engineering, Inc. Class A (b) | 55,360 | 2,312,387 | |
American Software, Inc. Class A | 55,166 | 991,885 | |
ANSYS, Inc. (b) | 160,570 | 29,862,809 | |
Appian Corp. Class A (a)(b) | 28,310 | 988,868 | |
Aspen Technology, Inc. (b) | 138,035 | 15,923,718 | |
Asure Software, Inc. (a)(b) | 21,771 | 327,218 | |
Autodesk, Inc. (b) | 424,479 | 65,518,334 | |
Avaya Holdings Corp. (a)(b) | 205,720 | 4,805,619 | |
Black Knight, Inc. (b) | 277,685 | 14,828,379 | |
Blackbaud, Inc. | 92,635 | 9,686,842 | |
Bottomline Technologies, Inc. (b) | 77,450 | 5,109,377 | |
BSQUARE Corp. (b) | 11,182 | 25,719 | |
CA Technologies, Inc. | 596,078 | 26,108,216 | |
Cadence Design Systems, Inc. (b) | 550,839 | 25,911,467 | |
Cardlytics, Inc. (b) | 6,642 | 135,430 | |
CDK Global, Inc. | 240,055 | 14,960,228 | |
Ceridian HCM Holding, Inc. (a) | 51,932 | 1,999,382 | |
Citrix Systems, Inc. (b) | 244,801 | 27,912,210 | |
CommVault Systems, Inc. (b) | 82,577 | 5,751,488 | |
Datawatch Corp. (b) | 9,730 | 124,058 | |
Digimarc Corp. (a)(b) | 18,523 | 547,355 | |
Digital Turbine, Inc. (a)(b) | 70,030 | 98,042 | |
Ebix, Inc. | 42,676 | 3,399,143 | |
Electronic Arts, Inc. (b) | 590,942 | 67,018,732 | |
Ellie Mae, Inc. (a)(b) | 64,487 | 6,794,995 | |
Everbridge, Inc. (a)(b) | 38,591 | 2,323,564 | |
Evolving Systems, Inc. (b) | 4,973 | 11,314 | |
Fair Isaac Corp. (b) | 56,483 | 13,046,443 | |
FireEye, Inc. (a)(b) | 363,888 | 6,040,541 | |
Forescout Technologies, Inc. (b) | 43,159 | 1,556,745 | |
Fortinet, Inc. (b) | 278,231 | 23,304,629 | |
Glu Mobile, Inc. (b) | 218,018 | 1,678,739 | |
GSE Systems, Inc. (b) | 388 | 1,300 | |
Guidewire Software, Inc. (b) | 152,826 | 15,369,711 | |
HubSpot, Inc. (b) | 68,398 | 9,828,793 | |
Imperva, Inc. (b) | 59,629 | 2,811,507 | |
Inseego Corp. (a)(b) | 63,245 | 197,957 | |
Intuit, Inc. | 471,413 | 103,461,011 | |
Manhattan Associates, Inc. (a)(b) | 127,067 | 7,368,615 | |
Microsoft Corp. | 14,869,167 | 1,670,253,529 | |
MicroStrategy, Inc. Class A (b) | 21,282 | 3,171,018 | |
Mitek Systems, Inc. (b) | 57,485 | 416,766 | |
MobileIron, Inc. (b) | 99,040 | 485,296 | |
Model N, Inc. (b) | 64,636 | 1,098,812 | |
Monotype Imaging Holdings, Inc. | 83,936 | 1,729,082 | |
NetSol Technologies, Inc. (b) | 10,165 | 59,974 | |
Nuance Communications, Inc. (b) | 537,866 | 8,777,973 | |
NXT-ID, Inc. (a)(b) | 33,283 | 56,914 | |
Onespan, Inc. (b) | 63,694 | 1,194,263 | |
Oracle Corp. | 5,764,947 | 280,061,125 | |
Parametric Technology Corp. (b) | 224,773 | 22,463,814 | |
Park City Group, Inc. (a)(b) | 18,083 | 152,801 | |
Paycom Software, Inc. (a)(b) | 94,455 | 14,651,860 | |
Paylocity Holding Corp. (b) | 55,889 | 4,439,822 | |
Pegasystems, Inc. | 69,658 | 4,437,215 | |
Pivotal Software, Inc. (a) | 79,408 | 2,203,572 | |
Pluralsight, Inc. (a) | 49,679 | 1,697,531 | |
Progress Software Corp. | 91,795 | 3,757,169 | |
Proofpoint, Inc. (b) | 99,373 | 11,790,606 | |
PROS Holdings, Inc. (a)(b) | 75,391 | 2,780,420 | |
QAD, Inc.: | |||
Class A | 14,722 | 892,889 | |
Class B | 4,298 | 203,940 | |
Qualys, Inc. (b) | 66,160 | 6,023,868 | |
Rapid7, Inc. (b) | 86,538 | 3,301,425 | |
RealNetworks, Inc. (b) | 28,670 | 91,744 | |
RealPage, Inc. (b) | 136,146 | 8,495,510 | |
Red Hat, Inc. (b) | 340,018 | 50,230,859 | |
Red Violet, Inc. (b) | 9,876 | 76,539 | |
RingCentral, Inc. (b) | 129,020 | 12,018,213 | |
Rosetta Stone, Inc. (b) | 22,826 | 360,651 | |
SailPoint Technologies Holding, Inc. (b) | 124,457 | 3,849,455 | |
Salesforce.com, Inc. (b) | 1,363,125 | 208,121,925 | |
SeaChange International, Inc. (b) | 36,866 | 60,829 | |
SendGrid, Inc. (b) | 25,907 | 939,647 | |
ServiceNow, Inc. (b) | 341,271 | 67,011,974 | |
SITO Mobile Ltd. (a)(b) | 17,979 | 35,778 | |
Smartsheet, Inc. | 37,005 | 1,100,159 | |
Smith Micro Software, Inc. (a)(b) | 10,363 | 25,700 | |
Snap, Inc. Class A (a)(b) | 491,455 | 5,356,860 | |
Sonic Foundry, Inc. (b) | 155 | 268 | |
Splunk, Inc. (b) | 281,082 | 36,020,658 | |
SS&C Technologies Holdings, Inc. | 400,275 | 23,752,319 | |
Symantec Corp. | 1,194,934 | 24,089,869 | |
Synopsys, Inc. (b) | 291,260 | 29,749,296 | |
Tableau Software, Inc. (b) | 133,932 | 14,981,634 | |
Take-Two Interactive Software, Inc. (b) | 219,196 | 29,275,818 | |
TeleNav, Inc. (b) | 46,856 | 262,394 | |
The Rubicon Project, Inc. (b) | 59,339 | 236,169 | |
TiVo Corp. | 242,388 | 3,308,596 | |
Tyler Technologies, Inc. (b) | 68,284 | 16,862,734 | |
Ultimate Software Group, Inc. (a)(b) | 57,044 | 17,664,815 | |
Upland Software, Inc. (b) | 28,805 | 1,072,122 | |
Varonis Systems, Inc. (b) | 39,520 | 2,920,528 | |
Verint Systems, Inc. (b) | 134,744 | 6,541,821 | |
VirnetX Holding Corp. (a)(b) | 93,723 | 313,972 | |
VMware, Inc. Class A (a)(b) | 135,112 | 20,707,265 | |
Workday, Inc. Class A (b) | 281,065 | 43,435,785 | |
Workiva, Inc. (b) | 48,113 | 1,772,964 | |
Zedge, Inc. (b) | 14,921 | 43,719 | |
Zendesk, Inc. (b) | 202,958 | 13,981,777 | |
Zix Corp. (b) | 85,392 | 473,926 | |
Zscaler, Inc. (a)(b) | 33,913 | 1,451,137 | |
Zuora, Inc. (a) | 19,414 | 535,438 | |
Zynga, Inc. (b) | 1,488,044 | 6,190,263 | |
3,586,322,406 | |||
Technology Hardware, Storage & Peripherals - 4.2% | |||
3D Systems Corp. (a)(b) | 215,475 | 4,384,916 | |
Apple, Inc. | 9,514,401 | 2,165,763,044 | |
Astro-Med, Inc. | 5,753 | 127,429 | |
Avid Technology, Inc. (a)(b) | 45,276 | 268,034 | |
CPI Card Group (a)(b) | 4,456 | 14,081 | |
Cray, Inc. (b) | 76,017 | 1,649,569 | |
Diebold Nixdorf, Inc. (a) | 147,998 | 702,991 | |
Eastman Kodak Co. (a)(b) | 71,591 | 232,671 | |
Electronics for Imaging, Inc. (a)(b) | 100,401 | 3,492,951 | |
Everspin Technologies, Inc. (a)(b) | 9,978 | 92,297 | |
Hewlett Packard Enterprise Co. | 2,949,075 | 48,748,210 | |
HP, Inc. | 3,176,408 | 78,298,457 | |
Immersion Corp. (b) | 59,681 | 693,493 | |
Intevac, Inc. (b) | 29,097 | 168,035 | |
NCR Corp. (b) | 227,035 | 6,450,064 | |
NetApp, Inc. | 516,657 | 44,850,994 | |
Pure Storage, Inc. Class A (b) | 227,458 | 6,104,973 | |
Quantum Corp. (b) | 41,835 | 84,507 | |
Seagate Technology LLC | 554,178 | 29,670,690 | |
Transact Technologies, Inc. | 3,411 | 48,095 | |
U.S.A. Technologies, Inc. (b) | 97,355 | 1,582,019 | |
Western Digital Corp. | 577,716 | 36,534,760 | |
Xerox Corp. | 410,942 | 11,448,844 | |
2,441,411,124 | |||
TOTAL INFORMATION TECHNOLOGY | 14,663,513,560 | ||
MATERIALS - 2.9% | |||
Chemicals - 1.9% | |||
A. Schulman, Inc. rights (b)(c) | 54,023 | 103,184 | |
Advanced Emissions Solutions, Inc. (a) | 57,241 | 653,692 | |
AdvanSix, Inc. (b) | 59,098 | 1,999,876 | |
AgroFresh Solutions, Inc. (a)(b) | 44,445 | 295,559 | |
Air Products & Chemicals, Inc. | 426,009 | 70,841,037 | |
Albemarle Corp. U.S. (a) | 212,999 | 20,345,664 | |
American Vanguard Corp. | 48,089 | 1,053,149 | |
Ashland Global Holdings, Inc. | 120,114 | 10,113,599 | |
Axalta Coating Systems Ltd. (b) | 423,345 | 12,912,023 | |
Balchem Corp. | 62,509 | 6,931,623 | |
Cabot Corp. | 119,034 | 7,727,687 | |
Celanese Corp. Class A | 260,448 | 30,428,140 | |
CF Industries Holdings, Inc. | 453,042 | 23,535,532 | |
Chase Corp. | 19,479 | 2,414,422 | |
Core Molding Technologies, Inc. | 10,858 | 99,568 | |
DowDuPont, Inc. | 4,491,856 | 315,013,861 | |
Eastman Chemical Co. | 274,212 | 26,606,790 | |
Ecolab, Inc. | 503,540 | 75,772,699 | |
Ferro Corp. (b) | 172,952 | 3,796,296 | |
Flotek Industries, Inc. (a)(b) | 98,612 | 245,544 | |
FMC Corp. | 261,067 | 22,308,175 | |
FutureFuel Corp. | 41,787 | 619,701 | |
H.B. Fuller Co. | 95,568 | 5,446,420 | |
Hawkins, Inc. | 15,709 | 648,782 | |
Huntsman Corp. | 410,120 | 12,504,559 | |
Ingevity Corp. (b) | 80,091 | 8,089,992 | |
Innophos Holdings, Inc. | 39,088 | 1,708,536 | |
Innospec, Inc. | 48,903 | 3,794,873 | |
International Flavors & Fragrances, Inc. | 152,297 | 19,842,776 | |
Intrepid Potash, Inc. (b) | 199,844 | 679,470 | |
KMG Chemicals, Inc. | 25,301 | 1,960,321 | |
Koppers Holdings, Inc. (b) | 39,973 | 1,417,043 | |
Kraton Performance Polymers, Inc. (b) | 65,484 | 3,079,713 | |
Kronos Worldwide, Inc. | 51,691 | 1,040,540 | |
LSB Industries, Inc. (a)(b) | 28,693 | 250,203 | |
LyondellBasell Industries NV Class A | 621,426 | 70,084,424 | |
Marrone Bio Innovations, Inc. (a)(b) | 33,145 | 69,107 | |
Minerals Technologies, Inc. | 69,103 | 4,640,266 | |
NewMarket Corp. | 18,766 | 7,525,917 | |
Olin Corp. | 322,690 | 9,916,264 | |
OMNOVA Solutions, Inc. (b) | 81,034 | 733,358 | |
Platform Specialty Products Corp. (b) | 401,657 | 5,325,972 | |
PolyOne Corp. | 158,115 | 6,681,940 | |
PPG Industries, Inc. (a) | 480,344 | 53,097,226 | |
PQ Group Holdings, Inc. | 84,801 | 1,509,458 | |
Praxair, Inc. | 557,621 | 88,210,066 | |
Quaker Chemical Corp. | 25,955 | 4,675,534 | |
Rayonier Advanced Materials, Inc. | 104,966 | 2,193,789 | |
RPM International, Inc. | 260,660 | 17,594,550 | |
Senomyx, Inc. (b) | 66,138 | 76,059 | |
Sensient Technologies Corp. | 86,306 | 6,129,452 | |
Sherwin-Williams Co. | 158,842 | 72,365,238 | |
Stepan Co. | 39,421 | 3,516,747 | |
The Chemours Co. LLC | 342,775 | 14,944,990 | |
The Mosaic Co. | 670,129 | 20,954,934 | |
The Scotts Miracle-Gro Co. Class A | 73,152 | 5,465,917 | |
Trecora Resources (b) | 30,461 | 426,454 | |
Tredegar Corp. | 71,882 | 1,577,810 | |
Trinseo SA | 91,255 | 7,040,323 | |
Tronox Ltd. Class A | 190,878 | 3,090,315 | |
Valhi, Inc. | 49,033 | 161,809 | |
Valvoline, Inc. | 376,388 | 8,099,870 | |
Venator Materials PLC | 108,555 | 1,311,344 | |
W.R. Grace & Co. | 125,990 | 8,902,453 | |
Westlake Chemical Corp. | 68,037 | 6,434,259 | |
1,127,036,894 | |||
Construction Materials - 0.1% | |||
Eagle Materials, Inc. | 90,055 | 8,314,778 | |
Forterra, Inc. (a)(b) | 32,917 | 278,478 | |
Foundation Building Materials, Inc. (b) | 21,184 | 292,551 | |
Martin Marietta Materials, Inc. | 122,228 | 24,289,148 | |
nVent Electric PLC | 322,756 | 9,066,216 | |
Summit Materials, Inc. | 222,652 | 4,735,808 | |
U.S. Concrete, Inc. (a)(b) | 33,299 | 1,605,012 | |
United States Lime & Minerals, Inc. | 4,018 | 304,926 | |
Vulcan Materials Co. | 255,252 | 28,281,922 | |
77,168,839 | |||
Containers & Packaging - 0.4% | |||
Aptargroup, Inc. | 123,061 | 12,885,717 | |
Avery Dennison Corp. | 168,996 | 17,774,999 | |
Ball Corp. | 674,885 | 28,264,184 | |
Bemis Co., Inc. | 175,245 | 8,636,074 | |
Berry Global Group, Inc. (b) | 250,616 | 11,961,902 | |
Crown Holdings, Inc. (a)(b) | 255,363 | 10,932,090 | |
Graphic Packaging Holding Co. | 589,083 | 8,376,760 | |
Greif, Inc. Class A | 57,489 | 3,172,243 | |
International Paper Co. | 798,758 | 40,848,484 | |
Myers Industries, Inc. | 56,968 | 1,267,538 | |
Owens-Illinois, Inc. (b) | 328,894 | 5,811,557 | |
Packaging Corp. of America | 184,462 | 20,276,063 | |
Sealed Air Corp. | 304,706 | 12,221,758 | |
Silgan Holdings, Inc. | 162,095 | 4,417,089 | |
Sonoco Products Co. | 192,348 | 10,779,182 | |
UFP Technologies, Inc. (b) | 14,187 | 500,092 | |
WestRock Co. | 494,382 | 27,230,561 | |
225,356,293 | |||
Metals & Mining - 0.4% | |||
AK Steel Holding Corp. (a)(b) | 633,642 | 2,813,370 | |
Alcoa Corp. (b) | 330,923 | 14,782,330 | |
Allegheny Technologies, Inc. (a)(b) | 249,053 | 6,731,903 | |
Ampco-Pittsburgh Corp. (b) | 10,414 | 78,626 | |
Atkore International Group, Inc. (b) | 83,406 | 2,283,656 | |
Carpenter Technology Corp. | 89,534 | 5,342,494 | |
Century Aluminum Co. (a)(b) | 91,405 | 1,153,531 | |
Cleveland-Cliffs, Inc. (b) | 584,517 | 5,874,396 | |
Coeur d'Alene Mines Corp. (b) | 353,050 | 2,005,324 | |
Commercial Metals Co. | 230,409 | 4,976,834 | |
Compass Minerals International, Inc. | 67,713 | 4,235,448 | |
Comstock Mining, Inc. (a)(b) | 11,344 | 1,985 | |
Freeport-McMoRan, Inc. | 2,600,390 | 36,535,480 | |
Friedman Industries | 2,001 | 20,670 | |
General Moly, Inc. (b) | 60,513 | 23,600 | |
Gold Resource Corp. | 109,163 | 563,281 | |
Golden Minerals Co. (a)(b) | 71,014 | 19,444 | |
Haynes International, Inc. | 23,949 | 943,591 | |
Hecla Mining Co. | 977,921 | 2,777,296 | |
Kaiser Aluminum Corp. | 33,314 | 3,650,881 | |
Materion Corp. | 39,771 | 2,537,390 | |
McEwen Mining, Inc. (a) | 511,683 | 1,008,016 | |
Newmont Mining Corp. | 1,038,266 | 32,217,394 | |
Nucor Corp. | 614,951 | 38,434,438 | |
Olympic Steel, Inc. | 12,703 | 279,974 | |
Paramount Gold Nevada Corp. (a)(b) | 7,958 | 8,197 | |
Pershing Gold Corp. (b) | 31,696 | 41,522 | |
Reliance Steel & Aluminum Co. | 138,609 | 12,182,345 | |
Royal Gold, Inc. | 127,141 | 9,695,773 | |
Ryerson Holding Corp. (b) | 30,039 | 312,406 | |
Schnitzer Steel Industries, Inc. Class A | 62,341 | 1,642,685 | |
Solitario Exploration & Royalty Corp. (b) | 18,115 | 6,851 | |
Steel Dynamics, Inc. | 449,332 | 20,547,952 | |
SunCoke Energy, Inc. (b) | 119,717 | 1,336,042 | |
Synalloy Corp. (a) | 9,739 | 223,510 | |
TimkenSteel Corp. (a)(b) | 69,807 | 977,996 | |
U.S. Antimony Corp. (b) | 24,962 | 14,977 | |
U.S. Gold Corp. | 46 | 52 | |
United States Steel Corp. | 343,724 | 10,201,728 | |
Universal Stainless & Alloy Products, Inc. (b) | 13,897 | 420,801 | |
Warrior Metropolitan Coal, Inc. (a) | 86,484 | 2,079,940 | |
Worthington Industries, Inc. | 90,980 | 4,237,848 | |
233,221,977 | |||
Paper & Forest Products - 0.1% | |||
Boise Cascade Co. | 74,391 | 3,250,887 | |
Clearwater Paper Corp. (b) | 35,821 | 1,040,600 | |
Domtar Corp. | 128,751 | 6,553,426 | |
Kapstone Paper & Packaging Corp. | 170,425 | 5,854,099 | |
Louisiana-Pacific Corp. | 275,889 | 8,044,923 | |
Mercer International, Inc. (SBI) | 87,436 | 1,547,617 | |
Neenah, Inc. | 34,858 | 3,180,793 | |
P.H. Glatfelter Co. | 78,096 | 1,501,786 | |
Resolute Forest Products (b) | 168,368 | 2,315,060 | |
Schweitzer-Mauduit International, Inc. | 57,402 | 2,335,687 | |
Verso Corp. (b) | 69,099 | 2,169,018 | |
37,793,896 | |||
TOTAL MATERIALS | 1,700,577,899 | ||
REAL ESTATE - 3.6% | |||
Equity Real Estate Investment Trusts (REITs) - 3.5% | |||
Acadia Realty Trust (SBI) | 161,267 | 4,599,335 | |
Agree Realty Corp. | 70,090 | 4,000,036 | |
Alexander & Baldwin, Inc. | 155,313 | 3,645,196 | |
Alexanders, Inc. | 7,463 | 2,693,621 | |
Alexandria Real Estate Equities, Inc. | 194,551 | 24,970,621 | |
American Assets Trust, Inc. | 89,595 | 3,539,003 | |
American Campus Communities, Inc. | 265,755 | 11,143,107 | |
American Homes 4 Rent Class A | 475,496 | 11,031,507 | |
American Tower Corp. | 852,991 | 127,198,018 | |
Americold Realty Trust | 115,807 | 2,883,594 | |
Apartment Investment & Management Co. Class A | 313,759 | 13,742,644 | |
Apple Hospitality (REIT), Inc. | 411,429 | 7,261,722 | |
Armada Hoffler Properties, Inc. | 88,352 | 1,377,408 | |
Ashford Hospitality Trust, Inc. | 184,946 | 1,200,300 | |
AvalonBay Communities, Inc. | 264,965 | 48,565,435 | |
Bluerock Residential Growth (REIT), Inc. | 90,320 | 893,265 | |
Boston Properties, Inc. | 296,394 | 38,664,597 | |
Braemar Hotels & Resorts, Inc. | 47,533 | 549,006 | |
Brandywine Realty Trust (SBI) | 339,166 | 5,684,422 | |
Brixmor Property Group, Inc. | 590,586 | 10,760,477 | |
BRT Realty Trust | 189,164 | 2,434,541 | |
Camden Property Trust (SBI) | 177,479 | 16,871,154 | |
CareTrust (REIT), Inc. | 143,665 | 2,650,619 | |
CatchMark Timber Trust, Inc. | 100,692 | 1,262,678 | |
CBL & Associates Properties, Inc. (a) | 338,899 | 1,511,490 | |
Cedar Realty Trust, Inc. | 134,023 | 599,083 | |
Chatham Lodging Trust | 76,647 | 1,644,078 | |
Chesapeake Lodging Trust | 114,633 | 3,772,572 | |
CIM Commercial Trust Corp. | 6,057 | 94,489 | |
City Office REIT, Inc. | 67,579 | 872,445 | |
Clipper Realty, Inc. | 6,962 | 84,936 | |
Colony NorthStar, Inc. (a) | 981,801 | 6,018,440 | |
Columbia Property Trust, Inc. | 224,485 | 5,405,599 | |
Community Healthcare Trust, Inc. | 41,798 | 1,296,992 | |
Condor Hospitality Trust, Inc. | 108 | 1,129 | |
CorEnergy Infrastructure Trust, Inc. (a) | 18,244 | 682,873 | |
CorePoint Lodging, Inc. (b) | 70,925 | 1,478,786 | |
CoreSite Realty Corp. | 69,249 | 8,065,431 | |
Corporate Office Properties Trust (SBI) | 217,809 | 6,704,161 | |
Corrections Corp. of America | 221,394 | 5,731,891 | |
Cousins Properties, Inc. | 792,672 | 7,411,483 | |
Crown Castle International Corp. | 801,649 | 91,412,035 | |
CubeSmart | 366,464 | 11,195,475 | |
CyrusOne, Inc. | 193,698 | 12,970,018 | |
DDR Corp. | 292,764 | 4,095,768 | |
DiamondRock Hospitality Co. | 396,647 | 4,743,898 | |
Digital Realty Trust, Inc. | 400,800 | 49,811,424 | |
Douglas Emmett, Inc. | 314,526 | 12,285,386 | |
Duke Realty Corp. | 686,860 | 19,568,641 | |
Easterly Government Properties, Inc. | 107,765 | 2,182,241 | |
EastGroup Properties, Inc. | 63,814 | 6,207,188 | |
Education Realty Trust, Inc. | 147,468 | 6,102,226 | |
Empire State Realty Trust, Inc. | 295,222 | 5,192,955 | |
EPR Properties | 130,186 | 9,136,453 | |
Equinix, Inc. | 153,355 | 66,882,716 | |
Equity Commonwealth (b) | 237,117 | 7,601,971 | |
Equity Lifestyle Properties, Inc. | 174,997 | 16,953,709 | |
Equity Residential (SBI) | 709,071 | 48,039,560 | |
Essex Property Trust, Inc. | 126,754 | 31,216,975 | |
Extra Space Storage, Inc. | 240,925 | 22,215,694 | |
Farmland Partners, Inc. (a) | 105,443 | 744,428 | |
Federal Realty Investment Trust (SBI) | 138,774 | 18,125,272 | |
First Industrial Realty Trust, Inc. | 254,605 | 8,264,478 | |
Forest City Realty Trust, Inc. Class A | 522,472 | 13,140,171 | |
Four Corners Property Trust, Inc. | 120,965 | 3,258,797 | |
Franklin Street Properties Corp. | 202,564 | 1,735,973 | |
Front Yard Residential Corp. Class B | 111,755 | 1,365,646 | |
Gaming & Leisure Properties | 386,459 | 13,831,368 | |
Getty Realty Corp. | 62,136 | 1,808,779 | |
Gladstone Commercial Corp. | 76,606 | 1,525,225 | |
Gladstone Land Corp. (a) | 23,552 | 322,662 | |
Global Medical REIT, Inc. | 12,930 | 123,740 | |
Global Net Lease, Inc. | 130,726 | 2,835,447 | |
Government Properties Income Trust (a) | 190,011 | 3,213,086 | |
Gramercy Property Trust | 292,778 | 8,007,478 | |
HCP, Inc. | 908,266 | 24,550,430 | |
Healthcare Realty Trust, Inc. | 262,572 | 8,129,229 | |
Healthcare Trust of America, Inc. | 387,197 | 11,062,218 | |
Hersha Hospitality Trust | 71,283 | 1,682,279 | |
Highwoods Properties, Inc. (SBI) | 185,987 | 9,250,993 | |
Hospitality Properties Trust (SBI) | 312,543 | 9,060,622 | |
Host Hotels & Resorts, Inc. | 1,420,155 | 30,575,937 | |
Hudson Pacific Properties, Inc. | 313,901 | 10,622,410 | |
Independence Realty Trust, Inc. | 140,119 | 1,447,429 | |
Industrial Logistics Properties Trust | 67,268 | 1,619,141 | |
InfraReit, Inc. | 82,809 | 1,729,880 | |
Investors Real Estate Trust | 202,786 | 1,105,184 | |
Invitation Homes, Inc. | 549,647 | 12,845,250 | |
Iron Mountain, Inc. | 538,602 | 19,443,532 | |
iStar Financial, Inc. (a) | 129,923 | 1,453,838 | |
JBG SMITH Properties | 197,137 | 7,384,752 | |
Jernigan Capital, Inc. | 21,201 | 424,232 | |
Kilroy Realty Corp. | 183,382 | 13,412,559 | |
Kimco Realty Corp. | 819,855 | 14,027,719 | |
Kite Realty Group Trust | 170,320 | 2,977,194 | |
Lamar Advertising Co. Class A | 159,840 | 12,315,672 | |
LaSalle Hotel Properties (SBI) | 206,162 | 7,238,348 | |
Lexington Corporate Properties Trust | 399,211 | 3,728,631 | |
Liberty Property Trust (SBI) | 291,830 | 12,767,563 | |
Life Storage, Inc. | 90,026 | 8,786,538 | |
LTC Properties, Inc. | 76,598 | 3,557,977 | |
Mack-Cali Realty Corp. | 182,244 | 3,980,209 | |
MedEquities Realty Trust, Inc. | 56,982 | 610,277 | |
Medical Properties Trust, Inc. | 763,546 | 11,491,367 | |
Mid-America Apartment Communities, Inc. | 219,168 | 22,697,038 | |
Monmouth Real Estate Investment Corp. Class A | 144,924 | 2,520,228 | |
National Health Investors, Inc. | 85,662 | 6,788,714 | |
National Retail Properties, Inc. | 290,818 | 13,403,802 | |
National Storage Affiliates Trust | 107,421 | 3,046,460 | |
New Senior Investment Group, Inc. | 149,321 | 946,695 | |
NexPoint Residential Trust, Inc. | 32,020 | 1,034,246 | |
NorthStar Realty Europe Corp. | 99,105 | 1,359,721 | |
Omega Healthcare Investors, Inc. (a) | 384,407 | 12,704,651 | |
One Liberty Properties, Inc. | 42,541 | 1,224,755 | |
Outfront Media, Inc. | 278,838 | 5,540,511 | |
Paramount Group, Inc. | 417,609 | 6,631,631 | |
Park Hotels & Resorts, Inc. | 384,706 | 12,868,416 | |
Pebblebrook Hotel Trust (a) | 134,429 | 5,190,304 | |
Pennsylvania Real Estate Investment Trust (SBI) | 137,479 | 1,402,286 | |
Physicians Realty Trust | 357,866 | 6,259,076 | |
Piedmont Office Realty Trust, Inc. Class A | 250,343 | 4,966,805 | |
Potlatch Corp. | 118,272 | 5,712,538 | |
Power (REIT) (b) | 718 | 4,344 | |
Preferred Apartment Communities, Inc. Class A | 81,117 | 1,445,505 | |
Prologis, Inc. | 1,217,790 | 81,811,132 | |
PS Business Parks, Inc. | 42,672 | 5,565,709 | |
Public Storage | 290,191 | 61,688,803 | |
QTS Realty Trust, Inc. Class A | 103,526 | 4,734,244 | |
Ramco-Gershenson Properties Trust (SBI) | 161,970 | 2,261,101 | |
Rayonier, Inc. | 246,837 | 8,597,333 | |
Realty Income Corp. | 540,503 | 31,657,261 | |
Regency Centers Corp. | 280,156 | 18,498,701 | |
Retail Opportunity Investments Corp. | 207,087 | 4,087,897 | |
Retail Properties America, Inc. | 409,657 | 5,214,934 | |
Rexford Industrial Realty, Inc. | 174,524 | 5,672,030 | |
RLJ Lodging Trust | 347,260 | 7,608,467 | |
Ryman Hospitality Properties, Inc. | 99,071 | 8,790,570 | |
Sabra Health Care REIT, Inc. | 356,789 | 8,413,085 | |
Safety Income and Growth, Inc. | 12,370 | 204,105 | |
Saul Centers, Inc. | 23,905 | 1,434,300 | |
SBA Communications Corp. Class A (b) | 220,984 | 34,303,346 | |
Select Income REIT | 130,864 | 2,689,255 | |
Senior Housing Properties Trust (SBI) | 490,704 | 9,377,353 | |
Seritage Growth Properties (a) | 55,673 | 2,866,046 | |
Simon Property Group, Inc. | 597,704 | 109,397,763 | |
SL Green Realty Corp. | 168,216 | 17,561,750 | |
Sotherly Hotels, Inc. | 2,721 | 20,054 | |
Spirit MTA REIT (a) | 83,110 | 890,939 | |
Spirit Realty Capital, Inc. | 780,634 | 6,533,907 | |
Stag Industrial, Inc. | 200,184 | 5,779,312 | |
Store Capital Corp. | 322,243 | 9,283,821 | |
Summit Hotel Properties, Inc. | 229,907 | 3,156,623 | |
Sun Communities, Inc. | 161,888 | 16,703,604 | |
Sunstone Hotel Investors, Inc. | 432,350 | 7,254,833 | |
Tanger Factory Outlet Centers, Inc. (a) | 177,740 | 4,276,424 | |
Taubman Centers, Inc. | 118,985 | 7,687,621 | |
Terreno Realty Corp. | 97,945 | 3,762,067 | |
The GEO Group, Inc. | 235,799 | 5,982,221 | |
The Macerich Co. | 210,709 | 12,377,047 | |
TIER REIT, Inc. | 108,647 | 2,590,144 | |
UDR, Inc. | 504,145 | 20,150,676 | |
UMH Properties, Inc. | 79,886 | 1,274,981 | |
Uniti Group, Inc. (a) | 323,922 | 6,744,056 | |
Universal Health Realty Income Trust (SBI) | 38,916 | 2,967,345 | |
Urban Edge Properties | 212,899 | 4,866,871 | |
Urstadt Biddle Properties, Inc. Class A | 92,798 | 2,111,155 | |
Ventas, Inc. | 689,548 | 41,283,239 | |
VEREIT, Inc. | 1,855,911 | 14,513,224 | |
Vornado Realty Trust | 332,081 | 25,570,237 | |
Washington Prime Group, Inc. | 352,285 | 2,726,686 | |
Washington REIT (SBI) | 155,354 | 4,902,972 | |
Weingarten Realty Investors (SBI) | 250,007 | 7,732,717 | |
Welltower, Inc. | 717,418 | 47,858,955 | |
Weyerhaeuser Co. | 1,456,578 | 50,557,822 | |
Wheeler REIT, Inc. (a) | 6,770 | 37,303 | |
Whitestone REIT Class B | 105,336 | 1,436,783 | |
WP Carey, Inc. | 215,291 | 14,334,075 | |
Xenia Hotels & Resorts, Inc. | 197,955 | 4,802,388 | |
2,040,749,490 | |||
Real Estate Management & Development - 0.1% | |||
Altisource Portfolio Solutions SA (a)(b) | 18,423 | 665,991 | |
Boston Omaha Corp. (a)(b) | 13,217 | 343,113 | |
CBRE Group, Inc. (b) | 576,875 | 28,157,269 | |
Consolidated-Tomoka Land Co. | 8,081 | 507,325 | |
Forestar Group, Inc. (a)(b) | 22,360 | 574,652 | |
FRP Holdings, Inc. (b) | 11,702 | 764,141 | |
HFF, Inc. | 77,093 | 3,500,793 | |
Howard Hughes Corp. (b) | 76,123 | 9,924,156 | |
Jones Lang LaSalle, Inc. | 85,898 | 13,101,163 | |
Kennedy-Wilson Holdings, Inc. | 251,133 | 5,386,803 | |
Marcus & Millichap, Inc. (b) | 26,096 | 950,155 | |
Maui Land & Pineapple, Inc. (b) | 31,310 | 397,637 | |
RE/MAX Holdings, Inc. | 32,840 | 1,617,370 | |
Realogy Holdings Corp. (a) | 250,072 | 5,349,040 | |
Redfin Corp. (a)(b) | 130,022 | 2,575,736 | |
Retail Value, Inc. (b) | 29,276 | 1,045,739 | |
Stratus Properties, Inc. (b) | 12,801 | 389,150 | |
Tejon Ranch Co. (b) | 29,778 | 661,965 | |
The St. Joe Co. (a)(b) | 125,813 | 2,163,984 | |
Transcontinental Realty Investors, Inc. (b) | 20,697 | 628,982 | |
Trinity Place Holdings, Inc. (b) | 7,019 | 42,816 | |
VICI Properties, Inc. | 138,928 | 2,904,984 | |
81,652,964 | |||
TOTAL REAL ESTATE | 2,122,402,454 | ||
TELECOMMUNICATION SERVICES - 1.7% | |||
Diversified Telecommunication Services - 1.6% | |||
Alaska Communication Systems Group, Inc. (b) | 135,810 | 267,546 | |
AT&T, Inc. | 14,049,911 | 448,754,157 | |
Atlantic Tele-Network, Inc. | 20,159 | 1,476,244 | |
Bandwidth, Inc. (b) | 11,272 | 513,552 | |
CenturyLink, Inc. | 1,904,600 | 40,682,256 | |
Cincinnati Bell, Inc. (b) | 118,793 | 1,544,309 | |
Cogent Communications Group, Inc. | 79,491 | 4,348,158 | |
Consolidated Communications Holdings, Inc. (a) | 126,066 | 1,488,839 | |
Frontier Communications Corp. (a) | 161,811 | 841,417 | |
Globalstar, Inc. (a)(b) | 800,187 | 408,015 | |
IDT Corp. Class B | 44,765 | 236,807 | |
Iridium Communications, Inc. (a)(b) | 166,538 | 3,372,395 | |
Ooma, Inc. (b) | 37,459 | 599,344 | |
ORBCOMM, Inc. (b) | 147,877 | 1,595,593 | |
Pareteum Corp. (a)(b) | 88,901 | 245,367 | |
PDVWireless, Inc. (b) | 18,833 | 565,932 | |
Verizon Communications, Inc. | 7,989,834 | 434,407,275 | |
Vonage Holdings Corp. (b) | 424,318 | 6,016,829 | |
WideOpenWest, Inc. (a)(b) | 35,967 | 419,016 | |
Windstream Holdings, Inc. (a)(b) | 76,326 | 359,495 | |
Zayo Group Holdings, Inc. (b) | 360,743 | 12,503,352 | |
960,645,898 | |||
Wireless Telecommunication Services - 0.1% | |||
Airgain, Inc. (a)(b) | 9,732 | 115,811 | |
Boingo Wireless, Inc. (b) | 90,549 | 2,995,361 | |
NII Holdings, Inc. (a)(b) | 192,173 | 1,103,073 | |
Shenandoah Telecommunications Co. | 92,579 | 3,531,889 | |
Spok Holdings, Inc. | 43,148 | 662,322 | |
Sprint Corp. (a)(b) | 1,344,786 | 8,216,642 | |
T-Mobile U.S., Inc. (b) | 569,092 | 37,582,836 | |
Telephone & Data Systems, Inc. | 174,990 | 5,256,700 | |
U.S. Cellular Corp. (b) | 27,310 | 1,167,776 | |
60,632,410 | |||
TOTAL TELECOMMUNICATION SERVICES | 1,021,278,308 | ||
UTILITIES - 2.8% | |||
Electric Utilities - 1.6% | |||
Allete, Inc. | 104,493 | 7,845,334 | |
Alliant Energy Corp. | 441,042 | 18,894,239 | |
American Electric Power Co., Inc. | 941,624 | 67,542,690 | |
Duke Energy Corp. | 1,356,125 | 110,171,595 | |
Edison International | 630,951 | 41,472,409 | |
El Paso Electric Co. | 80,794 | 4,952,672 | |
Entergy Corp. | 343,175 | 28,685,998 | |
Evergy, Inc. | 516,234 | 29,451,150 | |
Eversource Energy | 609,178 | 38,030,983 | |
Exelon Corp. | 1,852,392 | 80,968,054 | |
FirstEnergy Corp. | 868,107 | 32,449,840 | |
Genie Energy Ltd. Class B | 24,074 | 130,240 | |
Hawaiian Electric Industries, Inc. | 219,652 | 7,747,126 | |
IDACORP, Inc. | 102,567 | 10,036,181 | |
MGE Energy, Inc. | 72,899 | 4,771,240 | |
NextEra Energy, Inc. | 906,065 | 154,121,657 | |
OGE Energy Corp. | 377,699 | 13,910,654 | |
Otter Tail Corp. | 81,371 | 3,897,671 | |
PG&E Corp. | 996,068 | 45,998,420 | |
Pinnacle West Capital Corp. | 223,339 | 17,543,278 | |
PNM Resources, Inc. | 156,967 | 6,113,865 | |
Portland General Electric Co. | 174,192 | 8,082,509 | |
PPL Corp. | 1,360,295 | 40,455,173 | |
Southern Co. | 1,956,907 | 85,673,388 | |
Spark Energy, Inc. Class A, (a) | 24,582 | 216,322 | |
Vistra Energy Corp. (b) | 709,045 | 16,690,919 | |
Xcel Energy, Inc. | 983,494 | 47,256,887 | |
923,110,494 | |||
Gas Utilities - 0.2% | |||
Atmos Energy Corp. | 227,360 | 20,969,413 | |
Chesapeake Utilities Corp. | 32,292 | 2,777,112 | |
National Fuel Gas Co. | 165,416 | 9,185,550 | |
New Jersey Resources Corp. | 166,205 | 7,578,948 | |
Northwest Natural Gas Co. | 62,093 | 4,029,836 | |
ONE Gas, Inc. | 101,493 | 7,970,245 | |
RGC Resources, Inc. | 6,537 | 176,041 | |
South Jersey Industries, Inc. (a) | 159,735 | 5,300,007 | |
Southwest Gas Holdings, Inc. | 93,395 | 7,221,301 | |
Spire, Inc. | 102,174 | 7,617,072 | |
UGI Corp. | 328,308 | 17,745,047 | |
90,570,572 | |||
Independent Power and Renewable Electricity Producers - 0.1% | |||
NRG Energy, Inc. | 571,503 | 20,225,491 | |
NRG Yield, Inc.: | |||
Class A | 44,523 | 876,658 | |
Class C | 167,464 | 3,324,160 | |
Ormat Technologies, Inc. | 74,908 | 3,943,906 | |
Pattern Energy Group, Inc. (a) | 171,450 | 3,494,151 | |
Terraform Power, Inc. | 103,630 | 1,158,583 | |
The AES Corp. | 1,264,774 | 17,023,858 | |
50,046,807 | |||
Multi-Utilities - 0.8% | |||
Ameren Corp. | 468,043 | 29,594,359 | |
Avangrid, Inc. | 138,427 | 6,829,988 | |
Avista Corp. | 128,677 | 6,602,417 | |
Black Hills Corp. (a) | 101,787 | 5,990,165 | |
CenterPoint Energy, Inc. | 820,763 | 22,809,004 | |
CMS Energy Corp. | 535,500 | 26,368,020 | |
Consolidated Edison, Inc. | 595,082 | 46,969,822 | |
Dominion Resources, Inc. | 1,260,445 | 89,201,693 | |
DTE Energy Co. | 343,228 | 38,146,360 | |
MDU Resources Group, Inc. | 379,742 | 10,591,004 | |
NiSource, Inc. | 663,795 | 17,968,931 | |
NorthWestern Energy Corp. | 103,581 | 6,210,717 | |
Public Service Enterprise Group, Inc. | 967,507 | 50,648,991 | |
SCANA Corp. | 278,583 | 10,680,872 | |
Sempra Energy (a) | 509,240 | 59,112,579 | |
Unitil Corp. | 58,643 | 2,964,404 | |
Vectren Corp. | 159,198 | 11,334,898 | |
WEC Energy Group, Inc. | 600,251 | 40,564,963 | |
482,589,187 | |||
Water Utilities - 0.1% | |||
American States Water Co. | 72,116 | 4,357,970 | |
American Water Works Co., Inc. | 337,468 | 29,538,574 | |
Aqua America, Inc. | 365,029 | 13,571,778 | |
AquaVenture Holdings Ltd. (b) | 20,099 | 365,400 | |
Artesian Resources Corp. Class A | 60,277 | 2,165,753 | |
Cadiz, Inc. (a)(b) | 46,921 | 450,442 | |
California Water Service Group | 95,596 | 3,933,775 | |
Connecticut Water Service, Inc. | 31,367 | 2,148,953 | |
Middlesex Water Co. | 39,650 | 1,815,970 | |
Pure Cycle Corp. (b) | 17,116 | 192,555 | |
Select Energy Services, Inc. Class A (b) | 113,670 | 1,551,596 | |
SJW Corp. | 29,404 | 1,702,786 | |
York Water Co. | 40,150 | 1,208,515 | |
63,004,067 | |||
TOTAL UTILITIES | 1,609,321,127 | ||
TOTAL COMMON STOCKS | |||
(Cost $34,330,940,945) | 57,902,307,525 | ||
Principal Amount | Value | ||
U.S. Treasury Obligations - 0.0% | |||
U.S. Treasury Bills, yield at date of purchase 2.07% 1/3/19 (d) | |||
(Cost $5,957,592) | 6,000,000 | 5,957,196 | |
Shares | Value | ||
Money Market Funds - 3.7% | |||
Fidelity Cash Central Fund, 1.97% (e) | 307,770,942 | $307,832,496 | |
Fidelity Securities Lending Cash Central Fund 1.98% (e)(f) | 1,825,342,706 | 1,825,525,241 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $2,133,260,068) | 2,133,357,737 | ||
TOTAL INVESTMENT IN SECURITIES - 103.4% | |||
(Cost $36,470,158,605) | 60,041,622,458 | ||
NET OTHER ASSETS (LIABILITIES) - (3.4)% | (2,000,413,049) | ||
NET ASSETS - 100% | $58,041,209,409 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
CME E-mini Russell 2000 Index Contracts (United States) | 147 | Sept. 2018 | $12,793,410 | $565,066 | $565,066 |
CME E-mini S&P 500 Index Contracts (United States) | 599 | Sept. 2018 | 86,917,895 | 4,527,991 | 4,527,991 |
CME E-mini S&P MidCap 400 Index Contracts (United States) | 32 | Sept. 2018 | 6,545,920 | 243,778 | 243,778 |
TOTAL FUTURES CONTRACTS | $5,336,835 |
The notional amount of futures purchased as a percentage of Net Assets is 0.2%
Legend
(a) Security or a portion of the security is on loan at period end.
(b) Non-income producing
(c) Level 3 security
(d) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $5,957,196.
(e) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
(f) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $1,361,208 |
Fidelity Securities Lending Cash Central Fund | 6,954,115 |
Total | $8,315,323 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations if applicable.
Investment Valuation
The following is a summary of the inputs used, as of August 31, 2018, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
Investments in Securities: | ||||
Equities: | ||||
Consumer Discretionary | $7,604,125,980 | $7,604,125,980 | $-- | $-- |
Consumer Staples | 3,485,437,063 | 3,485,437,063 | -- | -- |
Energy | 3,229,447,104 | 3,229,447,104 | -- | -- |
Financials | 8,237,523,499 | 8,237,523,499 | -- | -- |
Health Care | 8,270,622,371 | 8,269,819,671 | -- | 802,700 |
Industrials | 5,958,058,160 | 5,958,058,160 | -- | -- |
Information Technology | 14,663,513,560 | 14,663,513,560 | -- | -- |
Materials | 1,700,577,899 | 1,700,474,715 | -- | 103,184 |
Real Estate | 2,122,402,454 | 2,122,402,454 | -- | -- |
Telecommunication Services | 1,021,278,308 | 1,021,278,308 | -- | -- |
Utilities | 1,609,321,127 | 1,609,321,127 | -- | -- |
U.S. Government and Government Agency Obligations | 5,957,196 | -- | 5,957,196 | -- |
Money Market Funds | 2,133,357,737 | 2,133,357,737 | -- | -- |
Total Investments in Securities: | $60,041,622,458 | $60,034,759,378 | $5,957,196 | $905,884 |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | $5,336,835 | $5,336,835 | $-- | $-- |
Total Assets | $5,336,835 | $5,336,835 | $-- | $-- |
Total Derivative Instruments: | $5,336,835 | $5,336,835 | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of August 31, 2018. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
Equity Risk | ||
Futures Contracts(a) | $5,336,835 | $0 |
Total Equity Risk | 5,336,835 | 0 |
Total Value of Derivatives | $5,336,835 | $0 |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in net unrealized appreciation (depreciation).
See accompanying notes which are an integral part of the financial statements.
Financial Statements
Statement of Assets and Liabilities
August 31, 2018 (Unaudited) | ||
Assets | ||
Investment in securities, at value (including securities loaned of $1,785,418,856) — See accompanying schedule: Unaffiliated issuers (cost $34,336,898,537) | $57,908,264,721 | |
Fidelity Central Funds (cost $2,133,260,068) | 2,133,357,737 | |
Total Investment in Securities (cost $36,470,158,605) | $60,041,622,458 | |
Segregated cash with brokers for derivative instruments | 8,720,656 | |
Cash | 9,438,923 | |
Receivable for fund shares sold | 65,862,664 | |
Dividends receivable | 94,694,052 | |
Distributions receivable from Fidelity Central Funds | 1,334,076 | |
Receivable for daily variation margin on futures contracts | 210,927 | |
Other receivables | 614,840 | |
Total assets | 60,222,498,596 | |
Liabilities | ||
Payable for investments purchased | $49,191,017 | |
Payable for fund shares redeemed | 305,481,434 | |
Accrued management fee | 707,464 | |
Other payables and accrued expenses | 895,166 | |
Collateral on securities loaned | 1,825,014,106 | |
Total liabilities | 2,181,289,187 | |
Net Assets | $58,041,209,409 | |
Net Assets consist of: | ||
Paid in capital | $33,983,028,655 | |
Undistributed net investment income | 490,441,785 | |
Accumulated undistributed net realized gain (loss) on investments | (9,061,719) | |
Net unrealized appreciation (depreciation) on investments | 23,576,800,688 | |
Net Assets | $58,041,209,409 | |
Investor Class: | ||
Net Asset Value, offering price and redemption price per share ($896,095,874 ÷ 10,667,382 shares) | $84.00 | |
Premium Class: | ||
Net Asset Value, offering price and redemption price per share ($30,147,015,917 ÷ 358,832,234 shares) | $84.01 | |
Institutional Class: | ||
Net Asset Value, offering price and redemption price per share ($3,777,134,844 ÷ 44,963,568 shares) | $84.00 | |
Institutional Premium Class: | ||
Net Asset Value, offering price and redemption price per share ($8,884,841,017 ÷ 105,771,661 shares) | $84.00 | |
Class F: | ||
Net Asset Value, offering price and redemption price per share ($14,336,121,757 ÷ 170,618,002 shares) | $84.02 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
Six months ended August 31, 2018 (Unaudited) | ||
Investment Income | ||
Dividends | $490,626,239 | |
Interest | 46,977 | |
Income from Fidelity Central Funds (including $6,954,115 from security lending) | 8,315,323 | |
Total income | 498,988,539 | |
Expenses | ||
Management fee | $4,005,590 | |
Transfer agent fees | 2,802,870 | |
Independent trustees' fees and expenses | 131,478 | |
Legal | 3,348 | |
Interest | 16,268 | |
Commitment fees | 71,142 | |
Total expenses before reductions | 7,030,696 | |
Expense reductions | (6,402) | |
Total expenses after reductions | 7,024,294 | |
Net investment income (loss) | 491,964,245 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | 129,861,925 | |
Fidelity Central Funds | (16,578) | |
Futures contracts | 12,178,931 | |
Total net realized gain (loss) | 142,024,278 | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | 4,071,504,045 | |
Fidelity Central Funds | (13,648) | |
Futures contracts | 1,169,644 | |
Total change in net unrealized appreciation (depreciation) | 4,072,660,041 | |
Net gain (loss) | 4,214,684,319 | |
Net increase (decrease) in net assets resulting from operations | $4,706,648,564 |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
Six months ended August 31, 2018 (Unaudited) | Year ended February 28, 2018 | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net investment income (loss) | $491,964,245 | $830,794,882 |
Net realized gain (loss) | 142,024,278 | 310,972,014 |
Change in net unrealized appreciation (depreciation) | 4,072,660,041 | 5,665,452,634 |
Net increase (decrease) in net assets resulting from operations | 4,706,648,564 | 6,807,219,530 |
Distributions to shareholders from net investment income | (167,025,734) | (778,723,850) |
Distributions to shareholders from net realized gain | (10,522,734) | (315,859,948) |
Total distributions | (177,548,468) | (1,094,583,798) |
Share transactions - net increase (decrease) | 3,339,415,507 | 4,369,390,868 |
Total increase (decrease) in net assets | 7,868,515,603 | 10,082,026,600 |
Net Assets | ||
Beginning of period | 50,172,693,806 | 40,090,667,206 |
End of period | $58,041,209,409 | $50,172,693,806 |
Other Information | ||
Undistributed net investment income end of period | $490,441,785 | $165,503,274 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity Total Market Index Fund Investor Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $77.43 | $68.20 | $55.32 | $61.58 | $54.91 | $44.05 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .71 | 1.30 | 1.20 | 1.13 | 1.10 | .92 |
Net realized and unrealized gain (loss) | 6.12 | 9.65 | 13.20 | (5.97) | 6.51 | 10.74 |
Total from investment operations | 6.83 | 10.95 | 14.40 | (4.84) | 7.61 | 11.66 |
Distributions from net investment income | (.24) | (1.21) | (1.13) | (1.11) | (.94) | (.80) |
Distributions from net realized gain | (.02) | (.51) | (.39) | (.31) | – | – |
Total distributions | (.26) | (1.72) | (1.52) | (1.42) | (.94) | (.80) |
Redemption fees added to paid in capitalB | – | – | –C | –C | –C | –C |
Net asset value, end of period | $84.00 | $77.43 | $68.20 | $55.32 | $61.58 | $54.91 |
Total ReturnD,E | 8.85% | 16.16% | 26.22% | (7.96)% | 13.94% | 26.62% |
Ratios to Average Net AssetsF,G | ||||||
Expenses before reductions | .08%H | .09% | .09% | .10% | .10% | .10% |
Expenses net of fee waivers, if any | .08%H | .09% | .09% | .10% | .10% | .10% |
Expenses net of all reductions | .08%H | .09% | .09% | .10% | .10% | .10% |
Net investment income (loss) | 1.79%H | 1.79% | 1.96% | 1.90% | 1.91% | 1.85% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $896,096 | $794,446 | $736,989 | $1,932,568 | $1,943,259 | $1,694,212 |
Portfolio turnover rateI | 5%H | 2% | 4% | 3% | 2% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Amount represents less than $.005 per share.
D Total returns for periods of less than one year are not annualized.
E Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
F Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
G Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
H Annualized
I Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
See accompanying notes which are an integral part of the financial statements.
Fidelity Total Market Index Fund Premium Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $77.44 | $68.20 | $55.32 | $61.59 | $54.91 | $44.06 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .73 | 1.34 | 1.25 | 1.16 | 1.13 | .94 |
Net realized and unrealized gain (loss) | 6.11 | 9.66 | 13.18 | (5.98) | 6.52 | 10.73 |
Total from investment operations | 6.84 | 11.00 | 14.43 | (4.82) | 7.65 | 11.67 |
Distributions from net investment income | (.25) | (1.25) | (1.16) | (1.14) | (.97) | (.82) |
Distributions from net realized gain | (.02) | (.51) | (.39) | (.31) | – | – |
Total distributions | (.27) | (1.76) | (1.55) | (1.45) | (.97) | (.82) |
Redemption fees added to paid in capitalB | – | – | –C | –C | –C | –C |
Net asset value, end of period | $84.01 | $77.44 | $68.20 | $55.32 | $61.59 | $54.91 |
Total ReturnD,E | 8.87% | 16.23% | 26.28% | (7.92)% | 14.02% | 26.65% |
Ratios to Average Net AssetsF,G | ||||||
Expenses before reductions | .03%H | .04% | .05% | .07% | .07% | .07% |
Expenses net of fee waivers, if any | .03%H | .04% | .05% | .05% | .05% | .06% |
Expenses net of all reductions | .03%H | .04% | .05% | .05% | .05% | .06% |
Net investment income (loss) | 1.83%H | 1.84% | 2.00% | 1.95% | 1.96% | 1.89% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $30,147,016 | $27,441,887 | $23,288,507 | $18,866,595 | $18,860,117 | $14,943,835 |
Portfolio turnover rateI | 5%H | 2% | 4% | 3% | 2% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Amount represents less than $.005 per share.
D Total returns for periods of less than one year are not annualized.
E Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
F Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
G Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
H Annualized
I Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
See accompanying notes which are an integral part of the financial statements.
Fidelity Total Market Index Fund Institutional Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $77.43 | $68.19 | $55.31 | $61.58 | $54.91 | $44.05 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .73 | 1.34 | 1.26 | 1.17 | 1.13 | .94 |
Net realized and unrealized gain (loss) | 6.11 | 9.66 | 13.18 | (5.98) | 6.52 | 10.75 |
Total from investment operations | 6.84 | 11.00 | 14.44 | (4.81) | 7.65 | 11.69 |
Distributions from net investment income | (.25) | (1.25) | (1.16) | (1.15) | (.98) | (.83) |
Distributions from net realized gain | (.02) | (.51) | (.39) | (.31) | – | – |
Total distributions | (.27) | (1.76) | (1.56)C | (1.46) | (.98) | (.83) |
Redemption fees added to paid in capitalB | – | – | –D | –D | –D | –D |
Net asset value, end of period | $84.00 | $77.43 | $68.19 | $55.31 | $61.58 | $54.91 |
Total ReturnE,F | 8.87% | 16.24% | 26.30% | (7.92)% | 14.01% | 26.69% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .03%I | .03% | .05% | .07% | .07% | .07% |
Expenses net of fee waivers, if any | .03%I | .03% | .04% | .04% | .04% | .05% |
Expenses net of all reductions | .03%I | .03% | .04% | .04% | .04% | .05% |
Net investment income (loss) | 1.84%I | 1.85% | 2.01% | 1.96% | 1.97% | 1.90% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $3,777,135 | $3,341,899 | $2,345,441 | $1,199,719 | $1,307,281 | $1,254,047 |
Portfolio turnover rateJ | 5%I | 2% | 4% | 3% | 2% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $1.56 per share is comprised of distributions from net investment income of $1.162 and distributions from net realized gain of $.393 per share.
D Amount represents less than $.005 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
See accompanying notes which are an integral part of the financial statements.
Fidelity Total Market Index Fund Institutional Premium Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $77.42 | $68.19 | $55.31 | $61.58 | $54.90 | $44.05 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .73 | 1.36 | 1.28 | 1.17 | 1.14 | .95 |
Net realized and unrealized gain (loss) | 6.12 | 9.65 | 13.17 | (5.98) | 6.52 | 10.73 |
Total from investment operations | 6.85 | 11.01 | 14.45 | (4.81) | 7.66 | 11.68 |
Distributions from net investment income | (.26) | (1.27) | (1.17) | (1.15) | (.98) | (.83) |
Distributions from net realized gain | (.02) | (.51) | (.39) | (.31) | – | – |
Total distributions | (.27)C | (1.78) | (1.57)D | (1.46) | (.98) | (.83) |
Redemption fees added to paid in capitalB | – | – | –E | –E | –E | –E |
Net asset value, end of period | $84.00 | $77.42 | $68.19 | $55.31 | $61.58 | $54.90 |
Total ReturnF,G | 8.89% | 16.25% | 26.32% | (7.91)% | 14.04% | 26.67% |
Ratios to Average Net AssetsH,I | ||||||
Expenses before reductions | .02%J | .02% | .02% | .05% | .04% | .06% |
Expenses net of fee waivers, if any | .02%J | .02% | .02% | .04% | .04% | .05% |
Expenses net of all reductions | .02%J | .02% | .02% | .04% | .04% | .05% |
Net investment income (loss) | 1.85%J | 1.86% | 2.02% | 1.97% | 1.97% | 1.90% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $8,884,841 | $6,114,864 | $4,684,669 | $800,304 | $1,022,585 | $740,877 |
Portfolio turnover rateK | 5%J | 2% | 4% | 3% | 2% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $.27 per share is comprised of distributions from net investment income of $.257 and distributions from net realized gain of $.016 per share.
D Total distributions of $1.57 per share is comprised of distributions from net investment income of $1.173 and distributions from net realized gain of $.393 per share.
E Amount represents less than $.005 per share.
F Total returns for periods of less than one year are not annualized.
G Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
H Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
I Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
J Annualized
K Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
See accompanying notes which are an integral part of the financial statements.
Fidelity Total Market Index Fund Class F
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $77.45 | $68.21 | $55.32 | $61.59 | $54.92 | $44.06 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .73 | 1.36 | 1.26 | 1.17 | 1.14 | .95 |
Net realized and unrealized gain (loss) | 6.11 | 9.66 | 13.20 | (5.98) | 6.51 | 10.74 |
Total from investment operations | 6.84 | 11.02 | 14.46 | (4.81) | 7.65 | 11.69 |
Distributions from net investment income | (.26) | (1.27) | (1.17) | (1.15) | (.98) | (.83) |
Distributions from net realized gain | (.02) | (.51) | (.39) | (.31) | – | – |
Total distributions | (.27)C | (1.78) | (1.57)D | (1.46) | (.98) | (.83) |
Redemption fees added to paid in capitalB | – | – | –E | –E | –E | –E |
Net asset value, end of period | $84.02 | $77.45 | $68.21 | $55.32 | $61.59 | $54.92 |
Total ReturnF,G | 8.87% | 16.26% | 26.33% | (7.91)% | 14.01% | 26.69% |
Ratios to Average Net AssetsH,I | ||||||
Expenses before reductions | .02%J | .02% | .02% | .04% | .04% | .05% |
Expenses net of fee waivers, if any | .02%J | .02% | .02% | .04% | .04% | .05% |
Expenses net of all reductions | .02%J | .02% | .02% | .04% | .04% | .05% |
Net investment income (loss) | 1.85%J | 1.86% | 2.02% | 1.97% | 1.97% | 1.90% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $14,336,122 | $12,479,597 | $9,035,061 | $6,659,560 | $6,368,808 | $5,088,489 |
Portfolio turnover rateK | 5%J | 2% | 4% | 3% | 2% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $.27 per share is comprised of distributions from net investment income of $.257 and distributions from net realized gain of $.016 per share.
D Total distributions of $1.57 per share is comprised of distributions from net investment income of $1.173 and distributions from net realized gain of $.393 per share.
E Amount represents less than $.005 per share.
F Total returns for periods of less than one year are not annualized.
G Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
H Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
I Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
J Annualized
K Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
See accompanying notes which are an integral part of the financial statements.
Notes to Financial Statements (Unaudited)
For the period ended August 31, 2018
1. Organization.
Fidelity Total Market Index Fund (the Fund) is a fund of Fidelity Concord Street Trust (the Trust) and is authorized to issue an unlimited number of shares. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Massachusetts business trust. The Fund offers Investor Class, Premium Class, Institutional Class, Institutional Premium Class and Class F shares, each of which has equal rights as to assets and voting privileges. Each class has exclusive voting rights with respect to matters that affect that class. The Fund offers conversion privileges between share classes to eligible shareholders. Class F shares of the Fund are only available for purchase by mutual funds for which Fidelity Management & Research Company (FMR) or an affiliate serves as investment manager.
2. Investments in Fidelity Central Funds.
The Fund invests in Fidelity Central Funds, which are open-end investment companies generally available only to other investment companies and accounts managed by the investment adviser and its affiliates. The Fund's Schedule of Investments lists each of the Fidelity Central Funds held as of period end, if any, as an investment of the Fund, but does not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, the Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.
The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of the investment adviser. Annualized expenses of the Money Market Central Funds as of their most recent shareholder report date are less than .005%.
A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds are available on the SEC website or upon request.
3. Significant Accounting Policies.
The Fund is an investment company and applies the accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services – Investments Companies. The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Subsequent events, if any, through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the Fund:
Investment Valuation. Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee.
The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:
- Level 1 – quoted prices in active markets for identical investments
- Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
- Level 3 – unobservable inputs (including the Fund's own assumptions based on the best information available)
Valuation techniques used to value the Fund's investments by major category are as follows:
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. Utilizing these techniques may result in transfers between Level 1 and Level 2. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. U.S. government and government agency obligations are valued by pricing vendors who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy. Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. The aggregate value of investments by input level as of August 31, 2018 is included at the end of the Fund's Schedule of Investments.
Investment Transactions and Income. For financial reporting purposes, the Fund's investment holdings and NAV include trades executed through the end of the last business day of the period. The NAV per share for processing shareholder transactions is calculated as of the close of business of the New York Stock Exchange (NYSE), normally 4:00 p.m. Eastern time and includes trades executed through the end of the prior business day. Gains and losses on securities sold are determined on the basis of identified cost and include proceeds received from litigation. Dividend income is recorded on the ex-dividend date, except for certain dividends from foreign securities where the ex-dividend date may have passed, which are recorded as soon as the Fund is informed of the ex-dividend date. Non-cash dividends included in dividend income, if any, are recorded at the fair market value of the securities received. Income and capital gain distributions from Fidelity Central Funds, if any, are recorded on the ex-dividend date. Certain distributions received by the Fund represent a return of capital or capital gain. The Fund determines the components of these distributions subsequent to the ex-dividend date, based upon receipt of tax filings or other correspondence relating to the underlying investment. These distributions are recorded as a reduction of cost of investments and/or as a realized gain. Interest income is accrued as earned and includes coupon interest and amortization of premium and accretion of discount on debt securities as applicable.
Class Allocations and Expenses. Investment income, realized and unrealized capital gains and losses, common expenses of the Fund, and certain fund-level expense reductions, if any, are allocated daily on a pro-rata basis to each class based on the relative net assets of each class to the total net assets of the Fund. Each class differs with respect to transfer agent fees incurred. Certain expense reductions may also differ by class. For the reporting period, the allocated portion of income and expenses to each class as a percent of its average net assets may vary due to the timing of recording these transactions in relation to fluctuating net assets of the classes. Expenses directly attributable to a fund are charged to that fund. Expenses attributable to more than one fund are allocated among the respective funds on the basis of relative net assets or other appropriate methods. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.
Deferred Trustee Compensation. Under a Deferred Compensation Plan (the Plan), certain independent Trustees have elected to defer receipt of a portion of their annual compensation. Deferred amounts are invested in a cross-section of Fidelity funds, are marked-to-market and remain in the Fund until distributed in accordance with the Plan. The investment of deferred amounts and the offsetting payable to the Trustees of $895,163 are included in the accompanying Statement of Assets and Liabilities in other receivables and other payables and accrued expenses, respectively.
Income Tax Information and Distributions to Shareholders. Each year, the Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code, including distributing substantially all of its taxable income and realized gains. As a result, no provision for U.S. Federal income taxes is required. The Fund files a U.S. federal tax return, in addition to state and local tax returns as required. The Fund's federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction.
Distributions are declared and recorded on the ex-dividend date. Income and capital gain distributions are declared separately for each class. Income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP.
Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Capital accounts are not adjusted for temporary book-tax differences which will reverse in a subsequent period.
Book-tax differences are primarily due to futures contracts, foreign currency transactions, passive foreign investment companies (PFIC), market discount, partnerships, deferred trustees compensation and losses deferred due to wash sales.
As of period end, the cost and unrealized appreciation (depreciation) in securities, and derivatives if applicable, for federal income tax purposes were as follows:
Gross unrealized appreciation | $25,491,640,385 |
Gross unrealized depreciation | (2,107,776,544) |
Net unrealized appreciation (depreciation) | $23,383,863,841 |
Tax cost | $36,663,095,452 |
4. Derivative Instruments.
Risk Exposures and the Use of Derivative Instruments. The Fund's investment objective allows the Fund to enter into various types of derivative contracts, including futures contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.
The Fund used derivatives to increase returns and to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.
The Fund's use of derivatives increased or decreased its exposure to the following risk:
Equity Risk | Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment. |
The Fund is also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Fund will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Fund. Counterparty credit risk related to exchange-traded futures contracts may be mitigated by the protection provided by the exchange on which they trade.
Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received and amounts recognized in the Statement of Assets and Liabilities. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.
Futures Contracts. A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a fixed price at a specified future date. The Fund used futures contracts to manage its exposure to the stock market.
Upon entering into a futures contract, a fund is required to deposit either cash or securities (initial margin) with a clearing broker in an amount equal to a certain percentage of the face value of the contract. Futures contracts are marked-to-market daily and subsequent daily payments (variation margin) are made or received by a fund depending on the daily fluctuations in the value of the futures contracts and are recorded as unrealized appreciation or (depreciation). This receivable and/or payable, if any, is included in daily variation margin on futures contracts in the Statement of Assets and Liabilities. Realized gain or (loss) is recorded upon the expiration or closing of a futures contract. The net realized gain (loss) and change in net unrealized appreciation (depreciation) on futures contracts during the period is presented in the Statement of Operations.
Any open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The notional amount at value reflects each contract's exposure to the underlying instrument or index at period end and is representative of volume of activity during the period. Securities deposited to meet initial margin requirements are identified in the Schedule of Investments. Cash deposited to meet initial margin requirements is presented as segregated cash with brokers for derivative instruments in the Statement of Assets and Liabilities.
5. Purchases and Sales of Investments.
Purchases and sales of securities, other than short-term securities, aggregated $5,281,197,368 and $1,222,963,702, respectively.
6. Fees and Other Transactions with Affiliates.
Management Fee and Expense Contract. Fidelity Management & Research Company (the investment adviser) and its affiliates provide the Fund with investment management related services for which the Fund pays a monthly management fee. The management fee is based on an annual rate of .015% of the Fund's average net assets. Under the management contract, the investment adviser pays all other fund-level expenses, except the compensation of the independent Trustees and certain other expenses such as interest expense, including commitment fees.
Effective August 1, 2018, the Board approved an amendment to the expense contract. Under the expense contract, the investment adviser pays class-level expenses as necessary so that the total expenses do not exceed certain amounts of each class' average net assets on an annual basis with certain exceptions, as noted in the following table:
Investor Class | .015% |
Premium Class | .015% |
Institutional Class | .015% |
Institutional Premium Class | .015% |
Class F | .015% |
Prior to August 1, 2018, the investment adviser paid class-level expenses as necessary so that the total expenses did not exceed certain amounts as noted in the following table:
Investor Class | .09% |
Premium Class | .035% |
Institutional Class | .030% |
Institutional Premium Class | .015% |
Class F | .015% |
Sub-Adviser. Geode Capital Management, LLC (Geode), serves as sub-adviser for the Funds. Geode provides discretionary investment advisory services to the Funds and is paid by the investment adviser for providing these services.
Transfer Agent Fees. Fidelity Investments Institutional Operations Company, Inc. (FIIOC), an affiliate of the investment adviser, is the transfer, dividend disbursing and shareholder servicing agent for each class. FIIOC receives transfer agent fees at an annual rate of .075%, .045%, .035% and .015% of class-level average net assets for Investor Class, Premium Class, Institutional Class and Institutional Premium Class, respectively. FIIOC receives no fees for providing transfer agency services to Class F. FIIOC pays for typesetting, printing and mailing of shareholder reports, except proxy statements.
Effective August 1, 2018, under the amended expense contract, Investor Class, Premium Class, and Institutional Class pay no transfer agent fees. Prior to August 1, 2018, each class paid all or a portion of the transfer agent fees at an annual rate of .075%, .02%, and .015% of class-level average net assets, respectively, and Institutional Premium Class does not pay transfer agent fees. FIIOC receives no fees for providing transfer agency services to Class F.
For the period, the total transfer agent fees paid by each applicable class were as follows:
Amount | % of Class-Level Average Net Assets(a) | |
Investor Class | $250,548 | .062 |
Premium Class | 2,334,574 | .016 |
Institutional Class | 217,748 | .012 |
$2,802,870 |
(a) Annualized
Interfund Lending Program. Pursuant to an Exemptive Order issued by the SEC, the Fund, along with other registered investment companies having management contracts with FMR or other affiliated entities of FMR, may participate in an interfund lending program. This program provides an alternative credit facility allowing the funds to borrow from, or lend money to, other participating affiliated funds. At period end, there were no interfund loans outstanding. The Fund's activity in this program during the period for which loans were outstanding was as follows:
Borrower or Lender | Average Loan Balance | Weighted Average Interest Rate | Interest Expense |
Borrower | $34,077,875 | 2.15% | $16,268 |
Interfund Trades. The Fund may purchase from or sell securities to other Fidelity Funds under procedures adopted by the Board. The procedures have been designed to ensure these interfund trades are executed in accordance with Rule 17a-7 of the 1940 Act. Interfund trades are included within the respective purchases and sales amounts shown in the Purchases and Sales of Investments note.
7. Committed Line of Credit.
The Fund participates with other funds managed by the investment adviser or an affiliate in a $4.25 billion credit facility (the "line of credit") to be utilized for temporary or emergency purposes to fund shareholder redemptions or for other short-term liquidity purposes. The Fund has agreed to pay commitment fees on its pro-rata portion of the line of credit, which amounted to $71,142 and is reflected in Commitment fees on the Statement of Operations. During the period, the Fund did not borrow on this line of credit.
8. Security Lending.
The Fund lends portfolio securities through a lending agent from time to time in order to earn additional income. For equity securities, a lending agent is used and may loan securities to certain qualified borrowers, including Fidelity Capital Markets (FCM), a broker-dealer affiliated with the Fund. On the settlement date of the loan, the Fund receives collateral (in the form of U.S. Treasury obligations, letters of credit and/or cash) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of the loaned securities during the period of the loan. The market value of the loaned securities is determined at the close of business of the Fund and any additional required collateral is delivered to the Fund on the next business day. The Fund or borrower may terminate the loan at any time, and if the borrower defaults on its obligation to return the securities loaned because of insolvency or other reasons, the Fund may apply collateral received from the borrower against the obligation. The Fund may experience delays and costs in recovering the securities loaned. Any cash collateral received is invested in the Fidelity Securities Lending Cash Central Fund. The value of loaned securities and cash collateral at period end are disclosed on the Fund's Statement of Assets and Liabilities. The value of securities loaned to FCM at period end was $8,158,306. Security lending income represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium payments received for lending certain types of securities. Security lending income is presented in the Statement of Operations as a component of income from Fidelity Central Funds and includes $165,990 from securities loaned to FCM.
9. Expense Reductions.
Through arrangements with the Fund's custodian, credits realized as a result of certain uninvested cash balances were used to reduce the Fund's expenses. During the period, these credits reduced the Fund's expenses by $6,402.
10. Distributions to Shareholders.
Distributions to shareholders of each class were as follows:
Six months ended August 31, 2018 | Year ended February 28, 2018 | |
From net investment income | ||
Investor Class | $2,478,522 | $12,586,670 |
Premium Class | 89,860,399 | 435,270,799 |
Institutional Class | 10,965,878 | 44,873,287 |
Institutional Premium Class | 20,946,671 | 94,317,041 |
Class F | 42,774,264 | 191,676,053 |
Total | $167,025,734 | $778,723,850 |
From net realized gain | ||
Investor Class | $164,548 | $5,321,710 |
Premium Class | 5,694,270 | 177,589,449 |
Institutional Class | 692,013 | 18,221,313 |
Institutional Premium Class | 1,305,698 | 37,888,601 |
Class F | 2,666,205 | 76,838,875 |
Total | $10,522,734 | $315,859,948 |
11. Share Transactions.
Share transactions for each class were as follows and may contain automatic conversions between classes or exchanges between affiliated funds:
Shares | Shares | Dollars | Dollars | |
Six months ended August 31, 2018 | Year ended February 28, 2018 | Six months ended August 31, 2018 | Year ended February 28, 2018 | |
Investor Class | ||||
Shares sold | 2,723,117 | 6,491,579 | $215,950,096 | $473,077,417 |
Reinvestment of distributions | 32,797 | 227,908 | 2,485,299 | 16,995,879 |
Shares redeemed | (2,348,254) | (7,266,119) | (185,589,293) | (529,723,284) |
Net increase (decrease) | 407,660 | (546,632) | $32,846,102 | $(39,649,988) |
Premium Class | ||||
Shares sold | 26,131,870 | 59,682,692 | $2,068,764,384 | $4,353,636,860 |
Reinvestment of distributions | 1,130,172 | 7,372,266 | 85,644,406 | 550,334,111 |
Shares redeemed | (22,803,631) | (54,136,097) | (1,811,868,466) | (3,981,489,838) |
Net increase (decrease) | 4,458,411 | 12,918,861 | $342,540,324 | $922,481,133 |
Institutional Class | ||||
Shares sold | 5,818,678 | 17,997,705 | $457,907,605 | $1,330,831,506 |
Reinvestment of distributions | 129,741 | 732,368 | 9,830,506 | 54,656,693 |
Shares redeemed | (4,146,204) | (9,961,881) | (329,560,409) | (724,114,212) |
Net increase (decrease) | 1,802,215 | 8,768,192 | $138,177,702 | $661,373,987 |
Institutional Premium Class | ||||
Shares sold | 41,528,589 | 19,386,022 | $3,272,627,679 | $1,424,547,920 |
Reinvestment of distributions | 293,720 | 1,770,295 | 22,252,243 | 132,205,306 |
Shares redeemed | (15,030,904) | (10,876,497) | (1,189,211,901) | (794,477,913) |
Net increase (decrease) | 26,791,405 | 10,279,820 | $2,105,668,021 | $762,275,313 |
Class F | ||||
Shares sold | 20,340,963 | 36,022,682 | $1,589,711,870 | $2,617,551,668 |
Reinvestment of distributions | 599,637 | 3,591,887 | 45,440,469 | 268,514,928 |
Shares redeemed | (11,463,696) | (10,934,635) | (914,968,981) | (823,156,173) |
Net increase (decrease) | 9,476,904 | 28,679,934 | $720,183,358 | $2,062,910,423 |
12. Other.
The Fund's organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the Fund. In the normal course of business, the Fund may also enter into contracts that provide general indemnifications. The Fund's maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against the Fund. The risk of material loss from such claims is considered remote.
At the end of the period, mutual funds managed by the investment adviser or its affiliates were the owners of record, in the aggregate, of approximately 26% of the total outstanding shares of the Fidelity Total Market Index Fund.
Shareholder Expense Example
As a shareholder of the Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs, including management fees and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in the Fund and to compare these costs with the ongoing costs of investing in other mutual funds.
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (March 1, 2018 to August 31, 2018).
Actual Expenses
The first line of the accompanying table for each class of the Fund provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000.00 (for example, an $8,600 account value divided by $1,000.00 = 8.6), then multiply the result by the number in the first line for a class of the Fund under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee, which was eliminated effective August 1, 2018, is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, the Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Hypothetical Example for Comparison Purposes
The second line of the accompanying table for each class of the Fund provides information about hypothetical account values and hypothetical expenses based on a Class' actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Class' actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee, which was eliminated effective August 1, 2018, is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, the Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds.
Annualized Expense Ratio-A | Beginning Account Value March 1, 2018 | Ending Account Value August 31, 2018 | Expenses Paid During Period-B March 1, 2018 to August 31, 2018 | |
Investor Class | .08% | |||
Actual | $1,000.00 | $1,088.50 | $.42-C | |
Hypothetical-D | $1,000.00 | $1,024.80 | $.41-C | |
Premium Class | .03% | |||
Actual | $1,000.00 | $1,088.70 | $.16 | |
Hypothetical-D | $1,000.00 | $1,025.05 | $.15 | |
Institutional Class | .03% | |||
Actual | $1,000.00 | $1,088.70 | $.16 | |
Hypothetical-D | $1,000.00 | $1,025.05 | $.15 | |
Institutional Premium Class | .02% | |||
Actual | $1,000.00 | $1,088.90 | $.11 | |
Hypothetical-D | $1,000.00 | $1,025.10 | $.10 | |
Class F | .02% | |||
Actual | $1,000.00 | $1,088.70 | $.11 | |
Hypothetical-D | $1,000.00 | $1,025.10 | $.10 |
A Annualized expense ratio reflects expenses net of applicable fee waivers.
B Expenses are equal to each Class' annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period).
C If fees and changes to the class level expense contract and/or expense cap, effective August 1, 2018, had been in effect for the entire period, the restated annualized expense ratio would have been .02% and the expenses paid in the actual and hypothetical examples above would have been $.11 and $.10, respectively.
D 5% return per year before expenses
Board Approval of Investment Advisory Contracts
Fidelity Total Market Index Fund
At its July 2018 meeting, the Board of Trustees, including the Independent Trustees (together, the Board), voted to continue the management contract with Fidelity Management & Research Company (FMR) and the sub-advisory agreement with Geode Capital Management, LLC (Geode) (together, the Advisory Contracts) for the fund for six months through January 31, 2019, in connection with the reunification of the Fidelity Equity High Income Funds Board, which oversees the fund, and the Sector Portfolios Board.
The Board also approved an amendment to the fund's sub-advisory agreement with Geode (the Amended Contract) to decrease the sub-advisory fee rate paid by FMR to Geode, on behalf of the fund, by 1.00 basis point. The Board, assisted by the advice of fund counsel and Independent Trustees' counsel, considered a range of information.
The Board considered that the approval of the fund's Advisory Contracts will not result in any changes in (i) the investment process or strategies employed in the management of the fund's assets; (ii) the fees and expenses paid by shareholders; (iii) the nature, extent or quality of services provided under the fund's Advisory Contracts; or (iv) the day-to-day management of the fund or the persons primarily responsible for such management.
In its review of the proposed sub-advisory fee rate under the Amended Contract, the Board considered that the proposed fee rate is lower by 1.00 basis point than the current sub-advisory fee rate for the fund. The Board noted that FMR, and not the fund, pays the sub-advisory fee out of its management fee. The Board considered that the Amended Contract will not result in any changes to the current management fee rate under the funds' management contracts with FMR. The Board also considered that FMR will retain its obligation to pay fund-level operating expenses for the fund, with certain limited exceptions, under the fund's management contract.
The Board considered that the contractual arrangements for the fund that oblige FMR to pay all "class-level" expenses of each class of the fund to the extent necessary to limit total expenses, with certain exceptions, were being set at 0.015% for all classes.
The Board concluded that the fund's Advisory Contracts are fair and reasonable, and that the fund's Advisory Contracts should be renewed, without modification (except as noted above for the fund's sub-advisory contract with Geode), through January 31, 2019, with the understanding that the Board will consider the annual renewal for a full one year period in January 2019.
In connection with its consideration of future renewals of the fund's Advisory Contracts, the Board will consider: (i) the nature, extent and quality of services provided to the fund, including shareholder and administrative services and investment performance; (ii) the competitiveness of the management fee and total expenses for the fund; (iii) the costs of the services and profitability, including the revenues earned and the expenses incurred in conducting the business of developing, marketing, distributing, managing, administering, and servicing the fund and its shareholders, to the extent applicable, as well as potential fall-out benefits from Fidelity's non-fund businesses; and (iv) whether there have been economies of scale in respect of the Fidelity funds, whether the Fidelity funds (including the fund) have appropriately benefited from any such economies of scale, and whether there is the potential for realization of any further economies. Because the Board was approving an arrangement under which the fees were being reduced, the Board did not consider FMR's or Geode's costs of services, revenues, or profitability to be significant factors in its decision to approve the Amended Contract. In connection with its approval of the Amended Contract, the Board did not consider economies of scale to be a significant factor in its decision to approve the agreement because FMR will continue to contractually limit fund expenses.
Based on its evaluation of all of the conclusions noted above, and after considering all factors it believed relevant, the Board ultimately concluded that the fund's management fee structure is fair and reasonable, and that the Amended Contact and the continuation of the fund's Advisory Contracts should be approved.
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Fidelity® Total Market Index Fund Fidelity® Extended Market Index Fund Fidelity® International Index Fund Semi-Annual Report August 31, 2018 |
Contents
Fidelity® Total Market Index Fund | |
Fidelity® Extended Market Index Fund | |
Fidelity® International Index Fund | |
To view a fund's proxy voting guidelines and proxy voting record for the 12-month period ended June 30, visit http://www.fidelity.com/proxyvotingresults or visit the Securities and Exchange Commission's (SEC) web site at http://www.sec.gov.
You may also call 1-800-544-8544 to request a free copy of the proxy voting guidelines.
The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The prospectus contains a more detailed description of the limited relationship MSCI has with Fidelity and any related funds.
Standard & Poor's, S&P and S&P 500 are registered service marks of The McGraw-Hill Companies, Inc. and have been licensed for use by Fidelity Distributors Corporation.
Other third-party marks appearing herein are the property of their respective owners.
All other marks appearing herein are registered or unregistered trademarks or service marks of FMR LLC or an affiliated company. © 2018 FMR LLC. All rights reserved.
This report and the financial statements contained herein are submitted for the general information of the shareholders of the Funds. This report is not authorized for distribution to prospective investors in the Funds unless preceded or accompanied by an effective prospectus.
A fund files its complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. Forms N-Q are available on the SEC’s web site at http://www.sec.gov. A fund's Forms N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information regarding the operation of the SEC's Public Reference Room may be obtained by calling 1-800-SEC-0330.
For a complete list of a fund's portfolio holdings, view the most recent holdings listing, semiannual report, or annual report on Fidelity's web site at http://www.fidelity.com, http://www.institutional.fidelity.com, or http://www.401k.com, as applicable.
NOT FDIC INSURED •MAY LOSE VALUE •NO BANK GUARANTEE
Neither the Funds nor Fidelity Distributors Corporation is a bank.
Notes to shareholders:
In July, the Board of Trustees approved a proposal to consolidate the Fund’s publicly offered share classes into a single share class. The consolidation will take place in November, and the surviving class name will be Fidelity Total Market Index. The changes will not impact how the Fund is managed. As part of this initiative, effective August 1, 2018, the Board of Trustees approved a change in the expense contract limiting the total expenses paid by each class, with certain exceptions, to .015% of each class’ average net assets on an annual basis. Also, purchase minimums and eligibility requirements were removed.
In July, the Board of Trustees approved a proposal to consolidate the Fund’s share classes into a single share class. The consolidation will take place in November, and the surviving class name will be Fidelity Extended Market Index. The changes will not impact how the Fund is managed. As part of this initiative, effective August 1, 2018, the Board of Trustees approved a change in the expense contract limiting the total expenses paid by each class, with certain exceptions, to .045% of each class’ average net assets on an annual basis. Also, purchase minimums and eligibility requirements were removed.
In July, the Board of Trustees approved a proposal to consolidate the Fund’s share classes into a single share class. The consolidation will take place in November, and the surviving class name will be Fidelity International Index. The changes will not impact how the Fund is managed. As part of this initiative, effective August 1, 2018, the Board of Trustees approved a change in the expense contract limiting the total expenses paid by each class, with certain exceptions, to .045% of each class’ average net assets on an annual basis. Also, purchase minimums and eligibility requirements were removed.
Fidelity® Total Market Index Fund
Investment Summary (Unaudited)
Top Ten Stocks as of August 31, 2018
% of fund's net assets | |
Apple, Inc. | 3.7 |
Microsoft Corp. | 2.9 |
Amazon.com, Inc. | 2.7 |
Facebook, Inc. Class A | 1.4 |
Berkshire Hathaway, Inc. Class B | 1.4 |
JPMorgan Chase & Co. | 1.3 |
Alphabet, Inc. Class C | 1.3 |
Alphabet, Inc. Class A | 1.2 |
Johnson & Johnson | 1.2 |
Exxon Mobil Corp. | 1.1 |
18.2 |
Top Market Sectors as of August 31, 2018
% of fund's net assets | |
Information Technology | 25.3 |
Health Care | 14.2 |
Financials | 14.2 |
Consumer Discretionary | 13.1 |
Industrials | 10.3 |
Consumer Staples | 6.0 |
Energy | 5.6 |
Real Estate | 3.6 |
Materials | 2.9 |
Utilities | 2.8 |
Fidelity® Total Market Index Fund
Schedule of Investments August 31, 2018 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 99.7% | |||
Shares | Value | ||
CONSUMER DISCRETIONARY - 13.1% | |||
Auto Components - 0.3% | |||
Adient PLC (a) | 181,691 | $7,865,403 | |
American Axle & Manufacturing Holdings, Inc. (b) | 188,109 | 3,331,410 | |
Aptiv PLC | 510,121 | 44,895,749 | |
Autoliv, Inc. (a) | 165,669 | 14,759,451 | |
BorgWarner, Inc. | 386,356 | 16,910,802 | |
CDTi Advanced Materials, Inc. (a)(b) | 8,475 | 3,221 | |
Cooper Tire & Rubber Co. (a) | 104,300 | 3,009,055 | |
Cooper-Standard Holding, Inc. (b) | 32,523 | 4,502,159 | |
Dana Holding Corp. | 270,404 | 5,291,806 | |
Delphi Technologies PLC | 171,828 | 6,053,500 | |
Dorman Products, Inc. (a)(b) | 61,275 | 4,962,050 | |
Fox Factory Holding Corp. (b) | 77,770 | 5,136,709 | |
Gentex Corp. | 532,304 | 12,445,268 | |
Gentherm, Inc. (b) | 78,354 | 3,855,017 | |
Hertz Global Holdings, Inc. (a)(b) | 158,981 | 2,799,655 | |
Horizon Global Corp. (a)(b) | 41,718 | 323,732 | |
LCI Industries | 49,871 | 4,635,509 | |
Lear Corp. | 125,595 | 20,371,509 | |
Modine Manufacturing Co. (b) | 92,466 | 1,558,052 | |
Motorcar Parts of America, Inc. (a)(b) | 32,435 | 860,825 | |
Shiloh Industries, Inc. (b) | 23,634 | 212,233 | |
Standard Motor Products, Inc. | 42,212 | 2,143,103 | |
Stoneridge, Inc. (b) | 60,173 | 1,800,978 | |
Strattec Security Corp. | 4,334 | 148,656 | |
Superior Industries International, Inc. | 39,790 | 863,443 | |
Sypris Solutions, Inc. (b) | 16,848 | 26,957 | |
Tenneco, Inc. | 96,642 | 4,135,311 | |
The Goodyear Tire & Rubber Co. | 462,748 | 10,499,752 | |
Tower International, Inc. | 37,453 | 1,265,911 | |
UQM Technologies, Inc. (a)(b) | 38,648 | 46,378 | |
Veoneer, Inc. (a)(b) | 173,291 | 8,654,153 | |
Visteon Corp. (b) | 57,388 | 6,335,061 | |
VOXX International Corp. (b) | 39,260 | 212,004 | |
Workhorse Group, Inc. (a)(b) | 43,808 | 44,684 | |
199,959,506 | |||
Automobiles - 0.5% | |||
Ford Motor Co. | 7,565,984 | 71,725,528 | |
General Motors Co. | 2,461,659 | 88,742,807 | |
Harley-Davidson, Inc. | 318,145 | 13,559,340 | |
REV Group, Inc. (a) | 55,706 | 947,559 | |
Tesla, Inc. (a)(b) | 259,511 | 78,284,088 | |
Thor Industries, Inc. | 95,137 | 9,079,875 | |
Winnebago Industries, Inc. | 53,916 | 1,992,196 | |
264,331,393 | |||
Distributors - 0.1% | |||
Core-Mark Holding Co., Inc. | 91,667 | 3,278,929 | |
Educational Development Corp. | 5,732 | 68,784 | |
Genuine Parts Co. | 285,754 | 28,532,537 | |
LKQ Corp. (b) | 602,544 | 20,799,819 | |
Pool Corp. | 79,418 | 13,045,201 | |
Weyco Group, Inc. | 6,395 | 226,831 | |
65,952,101 | |||
Diversified Consumer Services - 0.2% | |||
Adtalem Global Education, Inc. (b) | 121,167 | 5,797,841 | |
American Public Education, Inc. (b) | 34,036 | 1,182,751 | |
Ascent Capital Group, Inc. (b) | 16,905 | 34,655 | |
Bridgepoint Education, Inc. (b) | 52,176 | 613,590 | |
Bright Horizons Family Solutions, Inc. (b) | 115,034 | 13,738,511 | |
Cambium Learning Group, Inc. (b) | 26,588 | 355,747 | |
Career Education Corp. (b) | 119,651 | 1,908,433 | |
Carriage Services, Inc. | 24,048 | 547,573 | |
Chegg, Inc. (a)(b) | 166,149 | 5,379,905 | |
Collectors Universe, Inc. | 6,416 | 95,791 | |
Graham Holdings Co. | 8,988 | 5,057,098 | |
Grand Canyon Education, Inc. (b) | 92,016 | 10,962,786 | |
H&R Block, Inc. | 401,847 | 10,873,980 | |
Houghton Mifflin Harcourt Co. (b) | 207,270 | 1,336,892 | |
K12, Inc. (b) | 75,246 | 1,246,074 | |
Laureate Education, Inc. Class A (b) | 118,560 | 1,893,403 | |
Lincoln Educational Services Corp. (b) | 15,671 | 34,476 | |
National American University Holdings, Inc. | 5,378 | 4,733 | |
Regis Corp. (b) | 65,150 | 1,393,559 | |
Service Corp. International | 355,312 | 14,908,892 | |
ServiceMaster Global Holdings, Inc. (b) | 263,570 | 15,885,364 | |
Sotheby's Class A (Ltd. vtg.) (a)(b) | 77,436 | 3,718,477 | |
Strategic Education, Inc. | 40,901 | 5,675,832 | |
Universal Technical Institute, Inc. (b) | 29,419 | 80,020 | |
Weight Watchers International, Inc. (a)(b) | 70,718 | 5,296,778 | |
Xpresspa Group, Inc. (b) | 9,862 | 1,702 | |
108,024,863 | |||
Hotels, Restaurants & Leisure - 1.9% | |||
ARAMARK Holdings Corp. | 479,975 | 19,717,373 | |
Belmond Ltd. Class A (b) | 165,347 | 2,769,562 | |
BFC Financial Corp. Class A | 157,194 | 1,167,951 | |
Biglari Holdings, Inc. (b) | 247 | 236,656 | |
Biglari Holdings, Inc. (b) | 2,475 | 488,936 | |
BJ's Restaurants, Inc. | 35,904 | 2,717,933 | |
Bloomin' Brands, Inc. | 181,456 | 3,502,101 | |
Bojangles', Inc. (a)(b) | 34,765 | 507,569 | |
Boyd Gaming Corp. | 160,056 | 5,829,240 | |
Brinker International, Inc. | 86,305 | 3,821,585 | |
Caesars Entertainment Corp. (a)(b) | 273,134 | 2,785,967 | |
Carnival Corp. | 783,753 | 48,192,972 | |
Carrols Restaurant Group, Inc. (b) | 61,598 | 973,248 | |
Century Casinos, Inc. (b) | 44,390 | 355,120 | |
Chipotle Mexican Grill, Inc. (b) | 47,391 | 22,519,255 | |
Choice Hotels International, Inc. | 75,738 | 5,911,351 | |
Churchill Downs, Inc. | 21,746 | 6,145,420 | |
Chuy's Holdings, Inc. (a)(b) | 33,149 | 959,664 | |
Cracker Barrel Old Country Store, Inc. (a) | 45,340 | 6,759,741 | |
Darden Restaurants, Inc. | 238,981 | 27,731,355 | |
Dave & Buster's Entertainment, Inc. (b) | 73,713 | 4,287,885 | |
Del Frisco's Restaurant Group, Inc. (b) | 76,669 | 724,522 | |
Del Taco Restaurants, Inc. (b) | 75,328 | 973,991 | |
Denny's Corp. (b) | 128,799 | 1,941,001 | |
Dine Brands Global, Inc. (a) | 36,646 | 3,057,009 | |
Domino's Pizza, Inc. | 81,566 | 24,352,345 | |
Dover Downs Gaming & Entertainment, Inc. (a)(b) | 54,619 | 174,781 | |
Dover Motorsports, Inc. | 9,993 | 20,486 | |
Drive Shack, Inc. (b) | 106,917 | 662,885 | |
Dunkin' Brands Group, Inc. (a) | 158,881 | 11,580,836 | |
El Pollo Loco Holdings, Inc. (b) | 42,298 | 503,346 | |
Eldorado Resorts, Inc. (a)(b) | 117,072 | 5,625,310 | |
Empire Resorts, Inc. (b) | 4,022 | 50,074 | |
Extended Stay America, Inc. unit | 367,918 | 7,424,585 | |
Famous Dave's of America, Inc. (a)(b) | 7,623 | 50,693 | |
Fiesta Restaurant Group, Inc. (b) | 50,677 | 1,456,964 | |
Golden Entertainment, Inc. (b) | 33,622 | 975,374 | |
Good Times Restaurants, Inc. (b) | 7,939 | 38,901 | |
Habit Restaurants, Inc. Class A (a)(b) | 36,946 | 611,456 | |
Hilton Grand Vacations, Inc. (b) | 187,085 | 6,110,196 | |
Hilton Worldwide Holdings, Inc. | 535,957 | 41,600,982 | |
Hyatt Hotels Corp. Class A | 92,384 | 7,146,826 | |
ILG, Inc. | 199,231 | 6,799,754 | |
Inspired Entertainment, Inc. (b) | 3,769 | 26,760 | |
International Speedway Corp. Class A | 44,736 | 1,975,094 | |
J. Alexanders Holdings, Inc. (b) | 20,559 | 254,932 | |
Jack in the Box, Inc. | 54,956 | 4,981,212 | |
Jamba, Inc. (a)(b) | 31,127 | 404,028 | |
Kona Grill, Inc. (a)(b) | 8,466 | 21,588 | |
Las Vegas Sands Corp. | 707,662 | 46,295,248 | |
Lindblad Expeditions Holdings (b) | 48,584 | 737,991 | |
Luby's, Inc. (b) | 14,614 | 29,520 | |
Marriott International, Inc. Class A | 573,134 | 72,484,257 | |
Marriott Vacations Worldwide Corp. (a) | 47,812 | 5,689,628 | |
McDonald's Corp. | 1,520,914 | 246,737,878 | |
MGM Mirage, Inc. | 967,766 | 28,055,536 | |
Monarch Casino & Resort, Inc. (b) | 19,895 | 936,060 | |
Nathan's Famous, Inc. | 4,365 | 387,176 | |
Noodles & Co. (b) | 77,002 | 947,125 | |
Norwegian Cruise Line Holdings Ltd. (b) | 397,580 | 21,314,264 | |
Papa John's International, Inc. (a) | 45,834 | 2,113,864 | |
Papa Murphy's Holdings, Inc. (a)(b) | 22,690 | 125,930 | |
Penn National Gaming, Inc. (b) | 158,816 | 5,472,799 | |
Pinnacle Entertainment, Inc. (b) | 102,955 | 3,525,179 | |
Planet Fitness, Inc. (b) | 173,759 | 8,926,000 | |
Playa Hotels & Resorts NV (b) | 140,860 | 1,455,084 | |
PlayAGS, Inc. (a)(b) | 43,230 | 1,385,089 | |
Potbelly Corp. (b) | 40,772 | 552,461 | |
Rave Restaurant Group, Inc. (a)(b) | 9,079 | 11,712 | |
RCI Hospitality Holdings, Inc. | 15,482 | 502,081 | |
Red Lion Hotels Corp. (b) | 39,040 | 532,896 | |
Red Robin Gourmet Burgers, Inc. (a)(b) | 26,573 | 1,097,465 | |
Red Rock Resorts, Inc. | 146,708 | 4,788,549 | |
Royal Caribbean Cruises Ltd. | 330,573 | 40,521,638 | |
Ruth's Hospitality Group, Inc. | 51,983 | 1,601,076 | |
Scientific Games Corp. Class A (b) | 99,063 | 3,001,609 | |
SeaWorld Entertainment, Inc. (b) | 127,392 | 3,735,133 | |
Shake Shack, Inc. Class A (a)(b) | 40,965 | 2,476,334 | |
Six Flags Entertainment Corp. | 148,179 | 10,009,491 | |
Sonic Corp. (a) | 74,649 | 2,676,913 | |
Speedway Motorsports, Inc. | 23,497 | 420,361 | |
Starbucks Corp. | 2,667,937 | 142,601,233 | |
Texas Roadhouse, Inc. Class A | 123,753 | 8,532,769 | |
The Cheesecake Factory, Inc. (a) | 85,660 | 4,554,542 | |
Town Sports International Holdings, Inc. (b) | 41,284 | 377,749 | |
U.S. Foods Holding Corp. (b) | 262,925 | 8,568,726 | |
Vail Resorts, Inc. | 78,002 | 23,248,496 | |
Wendy's Co. | 365,963 | 6,459,247 | |
Wingstop, Inc. | 55,195 | 3,695,305 | |
Wyndham Destinations, Inc. | 185,484 | 8,198,393 | |
Wyndham Hotels & Resorts, Inc. | 196,365 | 11,143,714 | |
Wynn Resorts Ltd. | 163,093 | 24,193,216 | |
Yum! Brands, Inc. | 624,046 | 54,223,357 | |
Zoe's Kitchen, Inc. (a)(b) | 52,844 | 723,963 | |
1,111,993,872 | |||
Household Durables - 0.5% | |||
AV Homes, Inc. (a)(b) | 17,632 | 378,206 | |
Bassett Furniture Industries, Inc. | 18,263 | 426,441 | |
Beazer Homes U.S.A., Inc. (b) | 65,476 | 838,748 | |
Cavco Industries, Inc. (b) | 16,004 | 3,927,382 | |
Century Communities, Inc. (b) | 43,258 | 1,265,297 | |
Comstock Holding Companies, Inc. (a)(b) | 1,496 | 4,189 | |
CSS Industries, Inc. | 16,118 | 223,718 | |
D.R. Horton, Inc. | 659,836 | 29,369,300 | |
Dixie Group, Inc. (b) | 11,105 | 18,879 | |
Emerson Radio Corp. (b) | 23,724 | 34,637 | |
Ethan Allen Interiors, Inc. | 53,577 | 1,192,088 | |
Flexsteel Industries, Inc. | 9,186 | 327,756 | |
Garmin Ltd. | 216,150 | 14,728,461 | |
GoPro, Inc. Class A (a)(b) | 213,647 | 1,369,477 | |
Green Brick Partners, Inc. (b) | 37,398 | 390,809 | |
Hamilton Beach Brands Holding Co. Class A | 20,505 | 474,691 | |
Helen of Troy Ltd. (b) | 53,200 | 6,328,140 | |
Hooker Furniture Corp. | 23,607 | 992,674 | |
Hovnanian Enterprises, Inc. Class A (a)(b) | 177,163 | 276,374 | |
Installed Building Products, Inc. (b) | 45,849 | 2,134,271 | |
iRobot Corp. (a)(b) | 54,125 | 6,143,188 | |
KB Home | 166,267 | 4,131,735 | |
Koss Corp. (b) | 2,669 | 9,715 | |
La-Z-Boy, Inc. | 91,907 | 3,055,908 | |
Leggett & Platt, Inc. (a) | 249,108 | 11,319,468 | |
Lennar Corp.: | |||
Class A | 540,686 | 27,937,246 | |
Class B | 9,673 | 408,007 | |
LGI Homes, Inc. (a)(b) | 35,114 | 2,022,566 | |
Libbey, Inc. | 41,937 | 412,241 | |
Lifetime Brands, Inc. | 14,046 | 163,636 | |
M.D.C. Holdings, Inc. | 99,376 | 3,150,219 | |
M/I Homes, Inc. (b) | 59,108 | 1,531,488 | |
Meritage Homes Corp. (b) | 78,833 | 3,401,644 | |
Mohawk Industries, Inc. (b) | 121,467 | 23,271,863 | |
New Home Co. LLC (b) | 17,775 | 156,065 | |
Newell Brands, Inc. | 935,654 | 20,322,405 | |
Nova LifeStyle, Inc. (a)(b) | 26,136 | 46,522 | |
NVR, Inc. (b) | 6,477 | 17,283,551 | |
PulteGroup, Inc. (a) | 497,686 | 13,910,324 | |
Roku, Inc. Class A (a) | 86,359 | 5,137,497 | |
Skyline Champion Corp. | 15,881 | 459,120 | |
Taylor Morrison Home Corp. (b) | 213,917 | 4,162,825 | |
Tempur Sealy International, Inc. (a)(b) | 87,333 | 4,837,375 | |
Toll Brothers, Inc. | 278,640 | 10,095,127 | |
TopBuild Corp. (b) | 72,015 | 4,485,094 | |
TRI Pointe Homes, Inc. (a)(b) | 285,631 | 4,138,793 | |
Tupperware Brands Corp. | 98,214 | 3,193,919 | |
Turtle Beach Corp. (a)(b) | 12,175 | 278,929 | |
Universal Electronics, Inc. (b) | 28,445 | 1,228,824 | |
Vuzix Corp. (a)(b) | 35,528 | 230,932 | |
Whirlpool Corp. | 124,156 | 15,517,017 | |
William Lyon Homes, Inc. (b) | 53,155 | 1,040,243 | |
Zagg, Inc. (b) | 47,415 | 768,123 | |
258,953,147 | |||
Internet & Direct Marketing Retail - 3.7% | |||
1-800-FLOWERS.com, Inc. Class A (b) | 67,294 | 810,893 | |
Amazon.com, Inc. (b) | 779,436 | 1,568,778,632 | |
Blue Apron Holdings, Inc. Class A (a)(b) | 67,371 | 136,089 | |
Duluth Holdings, Inc. (a)(b) | 29,946 | 866,637 | |
EVINE Live, Inc. (b) | 71,405 | 91,398 | |
Expedia, Inc. | 234,656 | 30,622,608 | |
FTD Companies, Inc. (b) | 25,393 | 90,907 | |
Gaia, Inc. Class A (b) | 16,336 | 285,880 | |
Groupon, Inc. (b) | 761,063 | 3,249,739 | |
Lands' End, Inc. (a)(b) | 31,890 | 819,573 | |
Liberty Expedia Holdings, Inc. (b) | 113,147 | 5,221,734 | |
Liberty Interactive Corp. QVC Group Series A (b) | 866,824 | 18,021,271 | |
Liberty TripAdvisor Holdings, Inc. (b) | 137,066 | 2,172,496 | |
Netflix, Inc. (b) | 841,160 | 309,277,709 | |
NutriSystem, Inc. | 59,492 | 2,201,204 | |
Overstock.com, Inc. (a)(b) | 36,823 | 1,075,232 | |
PetMed Express, Inc. (a) | 38,488 | 1,412,125 | |
Shutterfly, Inc. (a)(b) | 63,827 | 4,958,081 | |
The Booking Holdings, Inc. (b) | 93,202 | 181,888,363 | |
TripAdvisor, Inc. (a)(b) | 205,604 | 11,166,353 | |
U.S. Auto Parts Network, Inc. (b) | 5,048 | 7,370 | |
Wayfair LLC Class A (a)(b) | 83,777 | 11,324,137 | |
2,154,478,431 | |||
Leisure Products - 0.1% | |||
American Outdoor Brands Corp. (b) | 96,497 | 1,353,853 | |
Brunswick Corp. | 170,585 | 11,330,256 | |
Callaway Golf Co. | 178,654 | 4,075,098 | |
Clarus Corp. | 39,765 | 411,568 | |
Escalade, Inc. | 7,022 | 93,393 | |
Hasbro, Inc. | 219,161 | 21,764,879 | |
JAKKS Pacific, Inc. (a)(b) | 36,433 | 92,904 | |
Johnson Outdoors, Inc. Class A | 11,590 | 1,173,835 | |
Malibu Boats, Inc. Class A (b) | 41,559 | 2,003,559 | |
Marine Products Corp. | 11,741 | 230,593 | |
Mattel, Inc. (a) | 665,394 | 10,267,029 | |
MCBC Holdings, Inc. (b) | 29,639 | 817,147 | |
Nautilus, Inc. (b) | 60,465 | 885,812 | |
Polaris Industries, Inc. | 112,876 | 12,241,402 | |
Sturm, Ruger & Co., Inc. (a) | 33,314 | 2,180,401 | |
Summer Infant, Inc. (b) | 32,605 | 62,602 | |
Vista Outdoor, Inc. (b) | 127,654 | 2,357,769 | |
71,342,100 | |||
Media - 2.3% | |||
A.H. Belo Corp. Class A | 22,177 | 97,579 | |
Altice U.S.A., Inc. Class A | 232,750 | 4,170,880 | |
AMC Entertainment Holdings, Inc. Class A | 98,115 | 1,869,091 | |
AMC Networks, Inc. Class A (a)(b) | 89,247 | 5,605,604 | |
Ballantyne of Omaha, Inc. (b) | 17,964 | 78,143 | |
Cable One, Inc. | 8,949 | 7,496,935 | |
CBS Corp. Class B | 680,172 | 36,062,719 | |
Central European Media Enterprises Ltd. Class A (b) | 124,885 | 474,563 | |
Charter Communications, Inc. Class A (a)(b) | 359,235 | 111,506,544 | |
Cinedigm Corp. (b) | 5,614 | 7,018 | |
Cinemark Holdings, Inc. | 208,843 | 7,794,021 | |
Clear Channel Outdoor Holding, Inc. Class A | 77,307 | 351,747 | |
Comcast Corp. Class A | 8,885,843 | 328,687,333 | |
Daily Journal Corp. (a)(b) | 644 | 153,562 | |
Discovery Communications, Inc.: | |||
Class A (a)(b) | 319,936 | 8,903,819 | |
Class C (non-vtg.) (b) | 640,780 | 16,429,599 | |
DISH Network Corp. Class A (b) | 448,226 | 15,844,789 | |
E.W. Scripps Co. Class A | 104,171 | 1,528,189 | |
Emmis Communications Corp. Class A (b) | 1,993 | 10,124 | |
Entercom Communications Corp. Class A | 253,845 | 1,992,683 | |
Entravision Communication Corp. Class A | 112,796 | 592,179 | |
Fluent, Inc. (a)(b) | 74,077 | 177,785 | |
Gannett Co., Inc. | 225,017 | 2,313,175 | |
GCI Liberty, Inc. (b) | 199,273 | 9,780,319 | |
Global Eagle Entertainment, Inc. (a)(b) | 104,573 | 278,164 | |
Gray Television, Inc. (b) | 155,347 | 2,710,805 | |
Harte-Hanks, Inc. (b) | 4,548 | 39,067 | |
Hemisphere Media Group, Inc. (b) | 12,793 | 175,264 | |
Insignia Systems, Inc. (b) | 5,038 | 10,983 | |
Interpublic Group of Companies, Inc. | 744,848 | 17,392,201 | |
John Wiley & Sons, Inc. Class A | 90,167 | 5,820,280 | |
Lee Enterprises, Inc. (b) | 85,702 | 244,251 | |
Liberty Broadband Corp.: | |||
Class A (b) | 36,926 | 2,991,006 | |
Class C (b) | 309,886 | 25,128,656 | |
Liberty Global PLC: | |||
Class A (b) | 411,278 | 11,026,363 | |
Class C (b) | 1,169,608 | 30,281,151 | |
Liberty Latin America Ltd. (b) | 238,567 | 4,683,070 | |
Liberty Latin America Ltd. Class A (a)(b) | 77,452 | 1,526,579 | |
Liberty Media Corp.: | |||
Liberty Braves Class A (b) | 14,273 | 380,804 | |
Liberty Braves Class C (b) | 76,194 | 2,024,475 | |
Liberty Formula One Group Series C (b) | 402,255 | 14,867,345 | |
Liberty Media Class A (b) | 46,551 | 1,628,354 | |
Liberty SiriusXM Series A (b) | 131,422 | 6,142,664 | |
Liberty SiriusXM Series C (b) | 365,783 | 17,206,432 | |
Lions Gate Entertainment Corp.: | |||
Class A (a) | 145,390 | 3,419,573 | |
Class B | 201,823 | 4,530,926 | |
Live Nation Entertainment, Inc. (b) | 261,567 | 12,994,649 | |
LiveXLive Media, Inc. (a)(b) | 25,647 | 130,030 | |
Loral Space & Communications Ltd. (b) | 24,624 | 1,092,074 | |
Marcus Corp. | 38,691 | 1,570,855 | |
Meredith Corp. | 75,392 | 3,893,997 | |
MSG Network, Inc. Class A (a)(b) | 116,814 | 2,838,580 | |
National CineMedia, Inc. | 108,730 | 989,443 | |
New Media Investment Group, Inc. | 138,364 | 2,199,988 | |
News Corp.: | |||
Class A | 825,180 | 10,785,103 | |
Class B | 150,998 | 2,053,573 | |
Nexstar Broadcasting Group, Inc. Class A | 90,705 | 7,437,810 | |
Omnicom Group, Inc. (a) | 439,557 | 30,470,091 | |
Reading International, Inc. Class A (b) | 19,772 | 318,329 | |
RLJ Entertainment, Inc. (b) | 5,726 | 35,788 | |
Saga Communications, Inc. Class A | 3,882 | 147,516 | |
Salem Communications Corp. Class A | 10,842 | 41,742 | |
Scholastic Corp. | 52,798 | 2,219,628 | |
Sinclair Broadcast Group, Inc. Class A | 143,587 | 4,156,844 | |
Sirius XM Holdings, Inc. (a) | 2,832,370 | 20,109,827 | |
Social Reality, Inc. (a)(b) | 7,116 | 30,883 | |
Tegna, Inc. | 404,044 | 4,703,072 | |
The Madison Square Garden Co. (b) | 32,008 | 9,664,496 | |
The McClatchy Co. Class A (a)(b) | 6,072 | 54,648 | |
The New York Times Co. Class A (a) | 260,178 | 6,062,147 | |
The Walt Disney Co. | 2,876,969 | 322,278,067 | |
Townsquare Media, Inc. | 1,285 | 11,475 | |
Tribune Media Co. Class A | 137,277 | 5,064,149 | |
tronc, Inc. (b) | 51,781 | 854,387 | |
Twenty-First Century Fox, Inc.: | |||
Class A | 2,008,293 | 91,176,502 | |
Class B | 878,618 | 39,449,948 | |
Urban One, Inc.: | |||
Class A (a)(b) | 7,797 | 17,933 | |
Class D (non-vtg.) (b) | 32,336 | 71,139 | |
Viacom, Inc. Class B (non-vtg.) | 702,717 | 20,575,554 | |
World Wrestling Entertainment, Inc. Class A | 75,130 | 6,567,113 | |
1,324,504,193 | |||
Multiline Retail - 0.4% | |||
Big Lots, Inc. (a) | 84,039 | 3,617,879 | |
Dillard's, Inc. Class A (a) | 40,152 | 3,155,144 | |
Dollar General Corp. | 490,831 | 52,877,224 | |
Dollar Tree, Inc. (b) | 457,955 | 36,869,957 | |
Fred's, Inc. Class A (a) | 52,965 | 90,570 | |
JC Penney Corp., Inc. (a)(b) | 587,373 | 1,039,650 | |
Kohl's Corp. | 323,306 | 25,576,738 | |
Macy's, Inc. | 591,490 | 21,618,960 | |
Nordstrom, Inc. | 230,007 | 14,455,940 | |
Ollie's Bargain Outlet Holdings, Inc. (a)(b) | 96,514 | 8,406,369 | |
Sears Holdings Corp. (a)(b) | 98,150 | 131,521 | |
Target Corp. | 1,036,338 | 90,679,575 | |
Tuesday Morning Corp. (a)(b) | 61,992 | 189,076 | |
258,708,603 | |||
Specialty Retail - 2.3% | |||
Aaron's, Inc. Class A | 121,761 | 6,053,957 | |
Abercrombie & Fitch Co. Class A | 133,398 | 2,890,735 | |
Advance Auto Parts, Inc. | 143,307 | 23,506,647 | |
America's Car Mart, Inc. (b) | 12,295 | 1,026,018 | |
American Eagle Outfitters, Inc. | 317,713 | 8,247,829 | |
Armstrong Flooring, Inc. (b) | 44,365 | 776,831 | |
Asbury Automotive Group, Inc. (b) | 40,476 | 3,015,462 | |
Ascena Retail Group, Inc. (a)(b) | 349,700 | 1,601,626 | |
At Home Group, Inc. (b) | 49,373 | 1,698,925 | |
AutoNation, Inc. (b) | 112,063 | 5,082,057 | |
AutoZone, Inc. (b) | 51,329 | 39,363,184 | |
Barnes & Noble Education, Inc. (b) | 60,796 | 363,560 | |
Barnes & Noble, Inc. | 136,068 | 714,357 | |
Bed Bath & Beyond, Inc. | 260,771 | 4,678,232 | |
Best Buy Co., Inc. | 474,196 | 37,727,034 | |
Big 5 Sporting Goods Corp. (a) | 30,148 | 171,844 | |
Boot Barn Holdings, Inc. (a)(b) | 56,571 | 1,693,170 | |
Build-A-Bear Workshop, Inc. (b) | 20,831 | 191,645 | |
Burlington Stores, Inc. (b) | 129,732 | 21,818,328 | |
Caleres, Inc. | 81,369 | 3,293,817 | |
Camping World Holdings, Inc. (a) | 60,852 | 1,260,245 | |
CarMax, Inc. (a)(b) | 354,626 | 27,678,559 | |
Cars.com, Inc. (a)(b) | 141,815 | 3,816,242 | |
Chico's FAS, Inc. | 255,796 | 2,332,860 | |
Christopher & Banks Corp. (a)(b) | 57,707 | 56,553 | |
Citi Trends, Inc. | 26,292 | 813,474 | |
Conn's, Inc. (a)(b) | 50,034 | 2,051,394 | |
Destination Maternity Corp. (b) | 22,235 | 111,620 | |
Destination XL Group, Inc. (a)(b) | 51,406 | 141,367 | |
Dick's Sporting Goods, Inc. | 154,889 | 5,799,044 | |
DSW, Inc. Class A | 144,844 | 4,817,511 | |
Express, Inc. (b) | 161,303 | 1,809,820 | |
Five Below, Inc. (b) | 105,680 | 12,308,550 | |
Floor & Decor Holdings, Inc. Class A (a)(b) | 88,718 | 3,261,274 | |
Foot Locker, Inc. | 229,516 | 11,315,139 | |
Francesca's Holdings Corp. (a)(b) | 57,702 | 362,369 | |
GameStop Corp. Class A (a) | 189,516 | 2,514,877 | |
Gap, Inc. | 420,016 | 12,747,486 | |
Genesco, Inc. (a)(b) | 38,400 | 1,952,640 | |
GNC Holdings, Inc. Class A (a)(b) | 120,441 | 373,367 | |
Group 1 Automotive, Inc. | 38,654 | 2,979,837 | |
Guess?, Inc. | 114,124 | 2,796,038 | |
Haverty Furniture Companies, Inc. | 37,183 | 821,744 | |
Hibbett Sports, Inc. (a)(b) | 34,547 | 709,941 | |
Home Depot, Inc. | 2,232,585 | 448,236,090 | |
Kirkland's, Inc. (a)(b) | 21,240 | 193,072 | |
L Brands, Inc. | 477,405 | 12,617,814 | |
Lithia Motors, Inc. Class A (sub. vtg.) (a) | 46,519 | 4,019,242 | |
Lowe's Companies, Inc. | 1,590,615 | 172,979,381 | |
Lumber Liquidators Holdings, Inc. (a)(b) | 49,362 | 860,380 | |
MarineMax, Inc. (b) | 36,815 | 828,338 | |
Michaels Companies, Inc. (b) | 219,067 | 3,721,948 | |
Monro, Inc. (a) | 70,777 | 5,021,628 | |
Murphy U.S.A., Inc. (b) | 58,955 | 4,892,086 | |
New York & Co., Inc. (b) | 45,085 | 205,137 | |
O'Reilly Automotive, Inc. (b) | 158,023 | 53,004,075 | |
Office Depot, Inc. | 1,052,572 | 3,526,116 | |
Party City Holdco, Inc. (a)(b) | 63,433 | 973,697 | |
Penske Automotive Group, Inc. | 71,056 | 3,739,677 | |
Pier 1 Imports, Inc. (a) | 163,568 | 300,965 | |
Rent-A-Center, Inc. (b) | 93,716 | 1,381,374 | |
RH (a)(b) | 36,149 | 5,747,691 | |
Ross Stores, Inc. | 729,785 | 69,898,807 | |
Sally Beauty Holdings, Inc. (a)(b) | 228,422 | 3,517,699 | |
Sears Hometown & Outlet Stores, Inc. (a)(b) | 10,000 | 30,000 | |
Shoe Carnival, Inc. | 21,330 | 948,332 | |
Signet Jewelers Ltd. (a) | 114,755 | 7,367,271 | |
Sleep Number Corp. (a)(b) | 68,724 | 2,315,999 | |
Sonic Automotive, Inc. Class A (sub. vtg.) | 52,893 | 1,137,200 | |
Sportsman's Warehouse Holdings, Inc. (a)(b) | 85,108 | 485,967 | |
Stage Stores, Inc. (a) | 38,699 | 81,268 | |
Stein Mart, Inc. (a)(b) | 40,412 | 94,160 | |
Tailored Brands, Inc. (a) | 94,987 | 2,235,994 | |
The Buckle, Inc. (a) | 65,726 | 1,692,445 | |
The Cato Corp. Class A (sub. vtg.) | 58,832 | 1,261,946 | |
The Children's Place Retail Stores, Inc. | 32,586 | 4,586,480 | |
The Container Store Group, Inc. (b) | 29,760 | 336,288 | |
Tiffany & Co., Inc. | 196,681 | 24,122,925 | |
Tile Shop Holdings, Inc. | 56,926 | 435,484 | |
Tilly's, Inc. | 25,457 | 598,749 | |
TJX Companies, Inc. | 1,214,266 | 133,532,832 | |
Tractor Supply Co. | 236,298 | 20,860,387 | |
Trans World Entertainment Corp. (b) | 2,977 | 2,769 | |
Ulta Beauty, Inc. (b) | 110,358 | 28,693,080 | |
Urban Outfitters, Inc. (b) | 151,625 | 7,047,530 | |
Vitamin Shoppe, Inc. (a)(b) | 45,231 | 578,957 | |
Williams-Sonoma, Inc. (a) | 147,711 | 10,373,744 | |
Winmark Corp. | 3,398 | 506,982 | |
Zumiez, Inc. (b) | 31,066 | 967,706 | |
1,312,706,921 | |||
Textiles, Apparel & Luxury Goods - 0.8% | |||
Carbon Black, Inc. (a) | 27,353 | 692,851 | |
Carter's, Inc. | 90,259 | 9,561,136 | |
Cherokee, Inc. (a)(b) | 20,319 | 17,474 | |
Columbia Sportswear Co. | 57,607 | 5,224,955 | |
Crocs, Inc. (a)(b) | 126,644 | 2,616,465 | |
Culp, Inc. | 13,004 | 329,651 | |
Deckers Outdoor Corp. (b) | 58,429 | 7,118,989 | |
Delta Apparel, Inc. (b) | 4,312 | 79,988 | |
Differential Brands Group, Inc. (a)(b) | 30,760 | 148,263 | |
Emerald Expositions Events, Inc. | 58,843 | 919,128 | |
Fossil Group, Inc. (a)(b) | 83,664 | 1,896,663 | |
G-III Apparel Group Ltd. (b) | 82,934 | 3,771,838 | |
Goosehead Insurance (a) | 19,603 | 608,085 | |
Hanesbrands, Inc. (a) | 689,492 | 12,093,690 | |
Iconix Brand Group, Inc. (a)(b) | 101,691 | 35,592 | |
J.Jill, Inc. (b) | 24,557 | 148,324 | |
Lakeland Industries, Inc. (b) | 6,813 | 89,932 | |
lululemon athletica, Inc. (b) | 183,774 | 28,472,106 | |
Michael Kors Holdings Ltd. (b) | 289,686 | 21,036,997 | |
Movado Group, Inc. | 39,217 | 1,670,644 | |
Newmark Group, Inc. | 231,305 | 2,972,269 | |
NIKE, Inc. Class B | 2,488,009 | 204,514,340 | |
Oxford Industries, Inc. | 34,526 | 3,214,025 | |
Perry Ellis International, Inc. (b) | 21,985 | 605,247 | |
PetIQ, Inc. Class A (a)(b) | 18,886 | 739,576 | |
PVH Corp. | 149,344 | 21,380,087 | |
Ralph Lauren Corp. | 106,824 | 14,187,295 | |
Rocky Brands, Inc. | 10,510 | 316,877 | |
Sequential Brands Group, Inc. (a)(b) | 82,806 | 149,051 | |
Skechers U.S.A., Inc. Class A (sub. vtg.) (b) | 260,590 | 7,682,193 | |
Steven Madden Ltd. | 106,426 | 6,188,672 | |
Stitch Fix, Inc. (a)(b) | 32,567 | 1,321,569 | |
Superior Group of Companies, Inc. | 11,974 | 226,907 | |
Switch, Inc. Class A (a) | 92,904 | 1,073,970 | |
Tapestry, Inc. | 555,983 | 28,182,778 | |
TPG RE Finance Trust, Inc. | 110,110 | 2,273,772 | |
Under Armour, Inc.: | |||
Class A (sub. vtg.) (a)(b) | 376,747 | 7,704,476 | |
Class C (non-vtg.) (a)(b) | 338,744 | 6,425,974 | |
Unifi, Inc. (b) | 32,934 | 1,047,631 | |
Vera Bradley, Inc. (b) | 29,957 | 439,170 | |
VF Corp. | 636,388 | 58,630,426 | |
Vince Holding Corp. (b) | 4,485 | 94,589 | |
Wolverine World Wide, Inc. | 185,482 | 7,267,185 | |
473,170,850 | |||
TOTAL CONSUMER DISCRETIONARY | 7,604,125,980 | ||
CONSUMER STAPLES - 6.0% | |||
Beverages - 1.4% | |||
Boston Beer Co., Inc. Class A (b) | 17,915 | 5,430,932 | |
Brown-Forman Corp.: | |||
Class A | 46,010 | 2,421,966 | |
Class B (non-vtg.) | 576,947 | 30,128,172 | |
Castle Brands, Inc. (a)(b) | 173,742 | 199,803 | |
Celsius Holdings, Inc. (a)(b) | 5,581 | 25,505 | |
Coca-Cola Bottling Co. Consolidated | 9,702 | 1,645,071 | |
Constellation Brands, Inc. Class A (sub. vtg.) | 325,717 | 67,814,279 | |
Craft Brew Alliance, Inc. (b) | 14,306 | 271,099 | |
Keurig Dr. Pepper, Inc. | 339,925 | 7,750,290 | |
MGP Ingredients, Inc. (a) | 24,369 | 1,879,094 | |
Molson Coors Brewing Co. Class B | 355,276 | 23,711,120 | |
Monster Beverage Corp. (b) | 805,932 | 49,073,199 | |
National Beverage Corp. (a) | 22,740 | 2,679,682 | |
New Age Beverages Corp. (a)(b) | 33,316 | 49,308 | |
PepsiCo, Inc. | 2,744,785 | 307,443,368 | |
Primo Water Corp. (b) | 73,505 | 1,470,100 | |
REED'S, Inc. (a)(b) | 1,830 | 6,039 | |
The Coca-Cola Co. | 7,408,942 | 330,216,545 | |
832,215,572 | |||
Food & Staples Retailing - 1.3% | |||
Andersons, Inc. | 52,768 | 2,155,573 | |
Casey's General Stores, Inc. | 72,316 | 8,256,318 | |
Chefs' Warehouse Holdings (a)(b) | 42,131 | 1,238,651 | |
Costco Wholesale Corp. | 847,150 | 197,496,080 | |
Ingles Markets, Inc. Class A | 27,092 | 973,957 | |
Kroger Co. | 1,568,624 | 49,411,656 | |
Natural Grocers by Vitamin Cottage, Inc. (a)(b) | 12,082 | 234,512 | |
Performance Food Group Co. (b) | 173,233 | 5,734,012 | |
PriceSmart, Inc. | 44,258 | 3,843,807 | |
Rite Aid Corp. (a)(b) | 2,073,503 | 2,840,699 | |
Smart & Final Stores, Inc. (b) | 46,551 | 325,857 | |
SpartanNash Co. | 73,184 | 1,562,478 | |
Sprouts Farmers Market LLC (b) | 232,354 | 6,150,410 | |
SUPERVALU, Inc. (b) | 84,298 | 2,721,982 | |
Sysco Corp. | 925,873 | 69,273,818 | |
United Natural Foods, Inc. (b) | 95,946 | 3,407,042 | |
Village Super Market, Inc. Class A | 10,106 | 294,893 | |
Walgreens Boots Alliance, Inc. | 1,654,497 | 113,432,314 | |
Walmart, Inc. | 2,801,224 | 268,525,333 | |
Weis Markets, Inc. (a) | 34,945 | 1,628,088 | |
Welbilt, Inc. (b) | 274,877 | 6,083,028 | |
745,590,508 | |||
Food Products - 1.1% | |||
Alico, Inc. | 4,002 | 129,265 | |
Archer Daniels Midland Co. | 1,082,838 | 54,575,035 | |
B&G Foods, Inc. Class A (a) | 128,366 | 4,101,294 | |
Bunge Ltd. | 273,076 | 17,744,478 | |
Cal-Maine Foods, Inc. | 58,088 | 2,872,452 | |
Calavo Growers, Inc. (a) | 30,246 | 3,201,539 | |
Campbell Soup Co. (a) | 367,725 | 14,506,751 | |
Coffee Holding Co., Inc. (b) | 3,401 | 17,379 | |
ConAgra Foods, Inc. | 753,077 | 27,675,580 | |
Darling International, Inc. (b) | 320,453 | 6,338,560 | |
Dean Foods Co. (a) | 162,447 | 1,237,846 | |
Farmer Brothers Co. (a)(b) | 27,261 | 790,569 | |
Flowers Foods, Inc. | 375,117 | 7,558,608 | |
Fresh Del Monte Produce, Inc. | 75,165 | 2,814,178 | |
Freshpet, Inc. (a)(b) | 50,186 | 1,864,410 | |
General Mills, Inc. | 1,142,077 | 52,546,963 | |
Hormel Foods Corp. (a) | 525,328 | 20,566,591 | |
Hostess Brands, Inc. Class A (a)(b) | 143,616 | 1,688,924 | |
Ingredion, Inc. | 139,347 | 14,083,801 | |
J&J Snack Foods Corp. | 28,653 | 4,169,012 | |
John B. Sanfilippo & Son, Inc. | 17,222 | 1,258,412 | |
Kellogg Co. | 482,493 | 34,638,172 | |
Lamb Weston Holdings, Inc. | 279,395 | 18,887,102 | |
Lancaster Colony Corp. | 37,363 | 5,838,716 | |
Landec Corp. (b) | 37,230 | 500,744 | |
Lifeway Foods, Inc. (b) | 1,962 | 7,063 | |
Limoneira Co. | 27,146 | 837,454 | |
McCormick & Co., Inc. (non-vtg.) (a) | 238,025 | 29,724,562 | |
Mondelez International, Inc. | 2,848,224 | 121,676,129 | |
nLIGHT, Inc. (b) | 16,268 | 501,217 | |
Pilgrim's Pride Corp. (a)(b) | 106,035 | 1,960,587 | |
Pinnacle Foods, Inc. | 228,760 | 15,194,239 | |
Post Holdings, Inc. (a)(b) | 132,122 | 12,850,186 | |
Sanderson Farms, Inc. (a) | 41,809 | 4,421,720 | |
Seaboard Corp. | 559 | 2,059,792 | |
Seneca Foods Corp. Class A (b) | 10,446 | 337,406 | |
The Hain Celestial Group, Inc. (b) | 195,834 | 5,593,019 | |
The Hershey Co. | 267,220 | 26,860,954 | |
The J.M. Smucker Co. (a) | 217,711 | 22,506,963 | |
The Kraft Heinz Co. | 1,157,959 | 67,474,271 | |
The Simply Good Foods Co. (a)(b) | 130,919 | 2,356,542 | |
Tootsie Roll Industries, Inc. (a) | 48,416 | 1,394,381 | |
TreeHouse Foods, Inc. (a)(b) | 111,858 | 5,827,802 | |
Tyson Foods, Inc. Class A | 573,631 | 36,029,763 | |
657,220,431 | |||
Household Products - 1.2% | |||
Central Garden & Pet Co. Class A (non-vtg.) (b) | 103,595 | 3,763,606 | |
Church & Dwight Co., Inc. | 469,221 | 26,548,524 | |
Clorox Co. | 250,024 | 36,248,480 | |
Colgate-Palmolive Co. | 1,690,893 | 112,292,204 | |
Energizer Holdings, Inc. | 112,990 | 7,185,034 | |
Funko, Inc. (a)(b) | 28,105 | 714,429 | |
Kimberly-Clark Corp. | 676,991 | 78,219,540 | |
Oil-Dri Corp. of America | 2,105 | 85,568 | |
Orchids Paper Products Co. (a)(b) | 12,438 | 45,647 | |
Procter & Gamble Co. | 4,860,945 | 403,215,388 | |
Spectrum Brands Holdings, Inc. (a) | 90,795 | 7,885,546 | |
WD-40 Co. (a) | 27,338 | 4,851,128 | |
681,055,094 | |||
Personal Products - 0.2% | |||
Avon Products, Inc. (a)(b) | 847,443 | 1,694,886 | |
Coty, Inc. Class A | 914,076 | 11,297,979 | |
Cyanotech Corp. (b) | 2,300 | 8,280 | |
Edgewell Personal Care Co. (a)(b) | 107,191 | 6,053,076 | |
elf Beauty, Inc. (a)(b) | 38,054 | 528,570 | |
Estee Lauder Companies, Inc. Class A | 432,535 | 60,606,804 | |
Herbalife Nutrition Ltd. (b) | 221,367 | 12,527,159 | |
Inter Parfums, Inc. | 36,672 | 2,394,682 | |
LifeVantage Corp. (b) | 19,206 | 241,227 | |
Mannatech, Inc. | 599 | 11,291 | |
MediFast, Inc. | 21,194 | 4,848,128 | |
Natural Health Trends Corp. (a) | 11,452 | 303,134 | |
Nature's Sunshine Products, Inc. (b) | 6,985 | 62,865 | |
Nu Skin Enterprises, Inc. Class A | 109,672 | 8,729,891 | |
Revlon, Inc. (a)(b) | 25,388 | 552,189 | |
USANA Health Sciences, Inc. (b) | 25,519 | 3,367,232 | |
Veru, Inc. (b) | 11,731 | 23,345 | |
113,250,738 | |||
Tobacco - 0.8% | |||
22nd Century Group, Inc. (a)(b) | 193,301 | 523,846 | |
Alliance One International, Inc. (a)(b) | 16,429 | 290,793 | |
Altria Group, Inc. | 3,658,356 | 214,086,993 | |
Philip Morris International, Inc. (a) | 3,008,825 | 234,357,379 | |
Turning Point Brands, Inc. | 13,210 | 444,649 | |
Universal Corp. | 48,780 | 2,917,044 | |
Vector Group Ltd. (a) | 224,341 | 3,484,016 | |
456,104,720 | |||
TOTAL CONSUMER STAPLES | 3,485,437,063 | ||
ENERGY - 5.6% | |||
Energy Equipment & Services - 0.8% | |||
ACM Research, Inc. (a)(b) | 10,379 | 146,448 | |
Archrock, Inc. | 242,413 | 3,066,524 | |
Aspen Aerogels, Inc. (b) | 9,858 | 47,713 | |
Baker Hughes, a GE Co. Class A (a) | 801,830 | 26,436,335 | |
Basic Energy Services, Inc. (b) | 42,877 | 379,890 | |
Bristow Group, Inc. (a)(b) | 59,922 | 656,745 | |
C&J Energy Services, Inc. (b) | 129,736 | 2,717,969 | |
Carbo Ceramics, Inc. (a)(b) | 36,697 | 317,429 | |
Core Laboratories NV (a) | 87,182 | 9,986,698 | |
Dawson Geophysical Co. | 23,761 | 147,318 | |
Diamond Offshore Drilling, Inc. (a)(b) | 137,256 | 2,391,000 | |
Dril-Quip, Inc. (a)(b) | 70,873 | 3,731,463 | |
ENGlobal Corp. (b) | 5,637 | 5,862 | |
Ensco PLC Class A (a) | 839,272 | 5,740,620 | |
Enservco Corp. (b) | 20,536 | 13,556 | |
Era Group, Inc. (b) | 33,138 | 395,668 | |
Exterran Corp. (b) | 64,985 | 1,779,939 | |
Forum Energy Technologies, Inc. (b) | 145,804 | 1,742,358 | |
Frank's International NV (a) | 132,102 | 1,166,461 | |
FTS International, Inc. (b) | 53,091 | 585,594 | |
Geospace Technologies Corp. (b) | 25,924 | 366,306 | |
Gulf Island Fabrication, Inc. | 22,854 | 215,970 | |
GulfMark Offshore, Inc. (b) | 3,372 | 123,078 | |
Halliburton Co. | 1,685,224 | 67,223,585 | |
Helix Energy Solutions Group, Inc. (b) | 271,820 | 2,544,235 | |
Helmerich & Payne, Inc. | 210,015 | 13,770,684 | |
Hornbeck Offshore Services, Inc. (b) | 51,518 | 227,194 | |
Independence Contract Drilling, Inc. (b) | 45,769 | 200,011 | |
ION Geophysical Corp. (a)(b) | 19,328 | 346,938 | |
Key Energy Services, Inc. (b) | 13,975 | 186,706 | |
Liberty Oilfield Services, Inc. Class A (a) | 24,986 | 490,725 | |
Mammoth Energy Services, Inc. | 21,777 | 598,432 | |
Matrix Service Co. (b) | 47,813 | 999,292 | |
McDermott International, Inc. (a)(b) | 349,179 | 6,753,122 | |
Mitcham Industries, Inc. (b) | 23,287 | 93,148 | |
Nabors Industries Ltd. | 664,054 | 4,097,213 | |
National Oilwell Varco, Inc. | 740,374 | 34,849,404 | |
Natural Gas Services Group, Inc. (b) | 21,602 | 477,404 | |
NCS Multistage Holdings, Inc. (a)(b) | 41,493 | 675,091 | |
Newpark Resources, Inc. (b) | 184,008 | 1,932,084 | |
Noble Corp. (a)(b) | 468,541 | 2,858,100 | |
Oceaneering International, Inc. (a) | 195,230 | 5,519,152 | |
Oil States International, Inc. (b) | 113,918 | 3,856,124 | |
Parker Drilling Co. (a)(b) | 12,021 | 47,363 | |
Patterson-UTI Energy, Inc. | 419,954 | 7,193,812 | |
PHI, Inc. (non-vtg.) (b) | 18,377 | 149,773 | |
Pioneer Energy Services Corp. (b) | 156,417 | 500,534 | |
Profire Energy, Inc. (a)(b) | 41,596 | 118,549 | |
Quintana Energy Services, Inc. (b) | 2,698 | 21,125 | |
Ranger Energy Services, Inc. Class A | 4,519 | 37,734 | |
RigNet, Inc. (b) | 17,672 | 288,054 | |
Rowan Companies PLC (b) | 235,223 | 3,302,531 | |
RPC, Inc. (a) | 112,587 | 1,540,190 | |
Schlumberger Ltd. | 2,683,559 | 169,493,586 | |
SEACOR Holdings, Inc. (b) | 35,706 | 1,837,074 | |
SEACOR Marine Holdings, Inc. (a)(b) | 30,560 | 625,869 | |
Smart Sand, Inc. (a)(b) | 41,295 | 205,649 | |
Solaris Oilfield Infrastructure, Inc. Class A (a)(b) | 42,266 | 727,821 | |
Superior Energy Services, Inc. (b) | 304,963 | 2,744,667 | |
Synthesis Energy Systems, Inc. (a)(b) | 17,261 | 43,153 | |
TechnipFMC PLC | 836,314 | 25,616,298 | |
TETRA Technologies, Inc. (b) | 232,409 | 1,066,757 | |
Tidewater, Inc. (a)(b) | 49,250 | 1,576,000 | |
Transocean Ltd. (United States) (a)(b) | 847,118 | 10,258,599 | |
U.S. Silica Holdings, Inc. (a) | 151,843 | 3,217,553 | |
Unit Corp. (b) | 111,239 | 2,924,473 | |
Weatherford International PLC (a)(b) | 1,940,346 | 4,695,637 | |
448,092,389 | |||
Oil, Gas & Consumable Fuels - 4.8% | |||
Abraxas Petroleum Corp. (b) | 314,017 | 706,538 | |
Adams Resources & Energy, Inc. | 2,090 | 95,931 | |
Aemetis, Inc. (b) | 10,055 | 12,468 | |
Alta Mesa Resources, Inc. Class A (a)(b) | 252,424 | 1,196,490 | |
Amyris, Inc. (b) | 57,217 | 513,236 | |
Anadarko Petroleum Corp. | 994,044 | 64,016,434 | |
Andeavor | 268,435 | 41,014,184 | |
Antero Resources Corp. (a)(b) | 422,093 | 7,812,941 | |
Apache Corp. (a) | 746,316 | 32,711,030 | |
Approach Resources, Inc. (a)(b) | 78,465 | 169,484 | |
Arch Coal, Inc. | 42,349 | 3,755,086 | |
Barnwell Industries, Inc. (b) | 2,847 | 5,552 | |
Bonanza Creek Energy, Inc. (b) | 37,069 | 1,149,139 | |
Cabot Oil & Gas Corp. | 871,957 | 20,778,735 | |
California Resources Corp. (a)(b) | 88,597 | 3,680,319 | |
Callon Petroleum Co. (a)(b) | 420,739 | 4,754,351 | |
Carrizo Oil & Gas, Inc. (b) | 172,025 | 4,166,446 | |
Centennial Resource Development, Inc. Class A (a)(b) | 344,528 | 6,639,055 | |
Cheniere Energy, Inc. (b) | 401,045 | 26,841,942 | |
Chesapeake Energy Corp. (a)(b) | 1,742,599 | 7,719,714 | |
Chevron Corp. | 3,702,458 | 438,593,175 | |
Cimarex Energy Co. | 183,774 | 15,525,228 | |
Clean Energy Fuels Corp. (b) | 297,103 | 817,033 | |
Cloud Peak Energy, Inc. (b) | 152,269 | 359,355 | |
CNX Resources Corp. (b) | 384,888 | 6,135,115 | |
Comstock Resources, Inc. (b) | 24,083 | 233,123 | |
Concho Resources, Inc. (b) | 367,017 | 50,336,382 | |
ConocoPhillips Co. | 2,262,000 | 166,098,660 | |
CONSOL Energy, Inc. (b) | 46,254 | 1,984,297 | |
Contango Oil & Gas Co. (b) | 51,306 | 350,420 | |
Continental Resources, Inc. (a)(b) | 166,423 | 10,975,597 | |
CVR Energy, Inc. | 55,713 | 2,119,880 | |
Delek U.S. Holdings, Inc. | 145,396 | 7,924,082 | |
Denbury Resources, Inc. (a)(b) | 776,911 | 4,327,394 | |
Devon Energy Corp. | 1,010,875 | 43,396,864 | |
Diamondback Energy, Inc. (a) | 190,782 | 23,099,885 | |
Dorian Lpg Ltd. (b) | 58,912 | 448,909 | |
Earthstone Energy, Inc. (b) | 37,545 | 314,627 | |
Eclipse Resources Corp. (a)(b) | 169,538 | 242,439 | |
Energen Corp. (b) | 189,530 | 14,698,052 | |
Energy XXI Gulf Coast, Inc. (b) | 77,532 | 701,665 | |
EOG Resources, Inc. | 1,119,898 | 132,405,541 | |
EP Energy Corp. (a)(b) | 91,298 | 159,772 | |
EQT Corp. | 487,292 | 24,861,638 | |
Evolution Petroleum Corp. | 53,534 | 538,017 | |
Extraction Oil & Gas, Inc. (a)(b) | 258,177 | 2,981,944 | |
Exxon Mobil Corp. | 8,197,875 | 657,223,639 | |
Gastar Exploration, Inc. (a)(b) | 285,601 | 22,591 | |
Gevo, Inc. (b) | 391 | 1,505 | |
Goodrich Petroleum Corp. (b) | 2,143 | 29,981 | |
Green Plains, Inc. | 92,023 | 1,633,408 | |
Gulfport Energy Corp. (b) | 315,474 | 3,709,974 | |
Halcon Resources Corp. (a)(b) | 292,167 | 1,338,125 | |
Hallador Energy Co. | 29,822 | 182,212 | |
Hess Corp. | 507,504 | 34,175,319 | |
Highpoint Resources, Inc. (b) | 185,582 | 1,022,557 | |
HollyFrontier Corp. | 340,082 | 25,342,911 | |
Houston American Energy Corp. (a)(b) | 36,485 | 8,209 | |
International Seaways, Inc. (b) | 72,136 | 1,480,231 | |
Isramco, Inc. (b) | 123 | 14,354 | |
Jagged Peak Energy, Inc. (a)(b) | 69,960 | 924,172 | |
Jones Energy, Inc. (a)(b) | 91,542 | 30,209 | |
Kinder Morgan, Inc. | 3,693,070 | 65,367,339 | |
Kosmos Energy Ltd. (b) | 461,148 | 4,168,778 | |
Laredo Petroleum, Inc. (a)(b) | 240,236 | 1,991,556 | |
Lilis Energy, Inc. (b) | 59,171 | 314,790 | |
Lonestar Resources U.S., Inc. (b) | 34,550 | 314,060 | |
Marathon Oil Corp. | 1,650,620 | 35,504,836 | |
Marathon Petroleum Corp. (a) | 894,111 | 73,576,394 | |
Matador Resources Co. (b) | 204,200 | 6,685,508 | |
Midstates Petroleum Co., Inc. (b) | 45,703 | 531,526 | |
Murphy Oil Corp. | 318,754 | 9,827,186 | |
NACCO Industries, Inc. Class A | 7,854 | 276,068 | |
Newfield Exploration Co. (b) | 385,018 | 10,503,291 | |
Nextdecade Corp. (b) | 29,373 | 199,443 | |
Nine Energy Service, Inc. (b) | 17,673 | 529,837 | |
Noble Energy, Inc. | 938,001 | 27,877,390 | |
Northern Oil & Gas, Inc. (a)(b) | 401,909 | 1,386,586 | |
Oasis Petroleum, Inc. (b) | 513,906 | 6,917,175 | |
Occidental Petroleum Corp. | 1,480,195 | 118,223,175 | |
ONEOK, Inc. | 793,898 | 52,325,817 | |
Overseas Shipholding Group, Inc. (b) | 80,103 | 274,753 | |
Pacific Ethanol, Inc. (b) | 51,285 | 94,877 | |
Panhandle Royalty Co. Class A | 32,305 | 602,488 | |
Par Pacific Holdings, Inc. (b) | 53,028 | 1,076,999 | |
Parsley Energy, Inc. Class A (b) | 491,333 | 13,644,317 | |
PBF Energy, Inc. Class A | 226,592 | 11,764,657 | |
PDC Energy, Inc. (b) | 129,015 | 6,797,800 | |
Peabody Energy Corp. | 196,719 | 8,126,462 | |
Penn Virginia Corp. (b) | 26,001 | 2,312,529 | |
Phillips 66 Co. | 811,254 | 96,141,712 | |
Pioneer Natural Resources Co. | 330,465 | 57,732,236 | |
QEP Resources, Inc. (b) | 446,077 | 4,447,388 | |
Ramaco Resources, Inc. (b) | 3,779 | 30,043 | |
Range Resources Corp. (a) | 439,535 | 7,217,165 | |
Renewable Energy Group, Inc. (a)(b) | 62,786 | 1,692,083 | |
Resolute Energy Corp. (a)(b) | 38,744 | 1,277,002 | |
Rex American Resources Corp. (b) | 10,566 | 851,408 | |
Ring Energy, Inc. (b) | 109,353 | 1,290,365 | |
Sanchez Energy Corp. (a)(b) | 123,254 | 324,158 | |
SandRidge Energy, Inc. (b) | 72,603 | 1,151,484 | |
SemGroup Corp. Class A | 145,251 | 3,515,074 | |
SilverBow Resources, Inc. (b) | 10,559 | 325,851 | |
SM Energy Co. | 199,361 | 5,998,772 | |
Southwestern Energy Co. (a)(b) | 981,701 | 5,517,160 | |
SRC Energy, Inc. (a)(b) | 511,242 | 4,759,663 | |
Talos Energy, Inc. (a)(b) | 44,486 | 1,535,657 | |
Targa Resources Corp. | 423,778 | 23,337,454 | |
Tellurian, Inc. (a)(b) | 177,746 | 1,718,804 | |
Tengasco, Inc. (b) | 1,261 | 1,374 | |
The Williams Companies, Inc. | 2,295,420 | 67,921,478 | |
Torchlight Energy Resources, Inc. (a)(b) | 92,571 | 108,308 | |
TransAtlantic Petroleum Ltd. (b) | 18,382 | 31,801 | |
U.S. Energy Corp. (b) | 2,263 | 2,111 | |
Ultra Petroleum Corp. (a)(b) | 342,191 | 448,270 | |
Uranium Energy Corp. (a)(b) | 246,510 | 421,532 | |
VAALCO Energy, Inc. (b) | 93,861 | 227,144 | |
Valero Energy Corp. | 832,451 | 98,129,324 | |
Vertex Energy, Inc. (b) | 17,824 | 22,815 | |
W&T Offshore, Inc. (b) | 182,009 | 1,232,201 | |
Westwater Resources, Inc. (b) | 2,190 | 482 | |
Whiting Petroleum Corp. (b) | 173,178 | 8,816,492 | |
WildHorse Resource Development Corp. (a)(b) | 44,975 | 977,757 | |
World Fuel Services Corp. | 131,814 | 3,694,746 | |
WPX Energy, Inc. (b) | 763,651 | 14,562,825 | |
Zion Oil & Gas, Inc. (a)(b) | 91,553 | 169,373 | |
2,781,354,715 | |||
TOTAL ENERGY | 3,229,447,104 | ||
FINANCIALS - 14.2% | |||
Banks - 6.3% | |||
1st Source Corp. | 36,318 | 2,033,445 | |
Access National Corp. | 21,459 | 582,397 | |
ACNB Corp. | 3,789 | 135,646 | |
Allegiance Bancshares, Inc. (b) | 20,938 | 932,788 | |
American National Bankshares, Inc. | 2,748 | 113,080 | |
Ameris Bancorp | 90,826 | 4,509,511 | |
Ames National Corp. | 2,652 | 80,223 | |
Arrow Financial Corp. | 18,251 | 718,177 | |
Associated Banc-Corp. | 344,650 | 9,391,713 | |
Atlantic Capital Bancshares, Inc. (b) | 43,769 | 798,784 | |
Banc of California, Inc. | 80,001 | 1,612,020 | |
BancFirst Corp. | 35,422 | 2,259,924 | |
Bancorp, Inc., Delaware (b) | 97,581 | 978,737 | |
BancorpSouth Bank | 160,679 | 5,591,629 | |
Bank of America Corp. | 18,232,836 | 563,941,617 | |
Bank of Commerce Holdings | 29,023 | 374,397 | |
Bank of Hawaii Corp. | 99,587 | 8,278,667 | |
Bank of Marin Bancorp | 9,794 | 863,341 | |
Bank of the Ozarks, Inc. | 240,055 | 9,712,625 | |
BankUnited, Inc. | 207,169 | 8,036,086 | |
Banner Corp. | 61,987 | 3,987,624 | |
Bar Harbor Bankshares | 27,763 | 817,620 | |
BB&T Corp. | 1,511,868 | 78,103,101 | |
BCB Bancorp, Inc. | 17,750 | 263,588 | |
Berkshire Hills Bancorp, Inc. | 73,022 | 3,085,180 | |
Blue Hills Bancorp, Inc. | 49,471 | 1,137,833 | |
BOK Financial Corp. (a) | 55,786 | 5,720,854 | |
Boston Private Financial Holdings, Inc. | 170,375 | 2,461,919 | |
Bridge Bancorp, Inc. | 53,457 | 1,870,995 | |
Brookline Bancorp, Inc., Delaware | 166,351 | 3,019,271 | |
Bryn Mawr Bank Corp. | 36,473 | 1,779,882 | |
Byline Bancorp, Inc. (b) | 33,722 | 769,873 | |
C & F Financial Corp. | 2,353 | 146,592 | |
Cadence Bancorp Class A | 130,194 | 3,677,981 | |
Cambridge Bancorp | 6,912 | 618,831 | |
Camden National Corp. | 25,093 | 1,147,754 | |
Capital City Bank Group, Inc. | 8,375 | 205,355 | |
Carolina Financial Corp. | 39,610 | 1,629,952 | |
Cathay General Bancorp | 153,714 | 6,502,102 | |
CB Financial Services, Inc. | 603 | 19,356 | |
CBTX, Inc. | 7,433 | 271,825 | |
Centerstate Banks of Florida, Inc. | 112,474 | 3,443,954 | |
Central Pacific Financial Corp. | 60,455 | 1,712,690 | |
Central Valley Community Bancorp | 4,570 | 98,758 | |
Century Bancorp, Inc. Class A (non-vtg.) | 1,470 | 104,738 | |
Chemical Financial Corp. | 146,142 | 8,347,631 | |
CIT Group, Inc. | 226,547 | 12,287,909 | |
Citigroup, Inc. | 4,939,098 | 351,861,342 | |
Citizens & Northern Corp. | 8,777 | 245,844 | |
Citizens Financial Group, Inc. | 931,050 | 38,322,018 | |
City Holding Co. | 28,334 | 2,297,321 | |
Civista Bancshares, Inc. (a) | 10,636 | 253,988 | |
CNB Financial Corp., Pennsylvania | 22,243 | 685,752 | |
CoBiz, Inc. | 67,032 | 1,545,088 | |
Columbia Banking Systems, Inc. | 148,473 | 6,272,984 | |
Comerica, Inc. | 326,819 | 31,858,316 | |
Commerce Bancshares, Inc. | 203,445 | 14,456,802 | |
Community Bank System, Inc. | 104,083 | 6,883,009 | |
Community Bankers Trust Corp. (b) | 24,176 | 218,793 | |
Community Financial Corp. | 3,879 | 129,171 | |
Community Trust Bancorp, Inc. | 33,336 | 1,646,798 | |
ConnectOne Bancorp, Inc. | 58,487 | 1,441,705 | |
Cullen/Frost Bankers, Inc. | 121,517 | 13,475,020 | |
Customers Bancorp, Inc. (b) | 55,994 | 1,383,052 | |
CVB Financial Corp. | 206,313 | 4,961,828 | |
Eagle Bancorp, Inc. (b) | 65,114 | 3,506,389 | |
East West Bancorp, Inc. | 276,842 | 17,549,014 | |
Enterprise Bancorp, Inc. | 15,551 | 559,369 | |
Enterprise Financial Services Corp. | 42,931 | 2,417,015 | |
Equity Bancshares, Inc. (b) | 26,482 | 1,074,904 | |
Evans Bancorp, Inc. | 6,302 | 299,660 | |
Farmers & Merchants Bancorp, Inc. | 18,588 | 845,568 | |
Farmers National Banc Corp. | 66,489 | 1,053,851 | |
FCB Financial Holdings, Inc. Class A (b) | 85,791 | 4,443,974 | |
Fidelity Southern Corp. | 39,911 | 969,837 | |
Fifth Third Bancorp | 1,317,810 | 38,783,148 | |
Financial Institutions, Inc. | 23,952 | 773,650 | |
First Bancorp, North Carolina | 56,302 | 2,348,919 | |
First Bancorp, Puerto Rico (b) | 339,786 | 2,973,128 | |
First Bancshares, Inc. | 18,277 | 750,271 | |
First Bank Hamilton New Jersey | 19,927 | 284,956 | |
First Busey Corp. | 89,914 | 2,881,744 | |
First Business Finance Services, Inc. | 4,840 | 107,254 | |
First Choice Bancorp (a) | 11,848 | 321,673 | |
First Citizen Bancshares, Inc. | 17,547 | 8,335,000 | |
First Commonwealth Financial Corp. | 293,672 | 4,919,006 | |
First Community Bancshares, Inc. | 16,138 | 541,753 | |
First Community Corp. | 3,993 | 100,424 | |
First Connecticut Bancorp, Inc. | 24,108 | 764,224 | |
First Financial Bancorp, Ohio | 203,721 | 6,396,839 | |
First Financial Bankshares, Inc. (a) | 141,084 | 8,521,474 | |
First Financial Corp., Indiana | 19,844 | 1,020,974 | |
First Financial Northwest, Inc. | 4,251 | 74,222 | |
First Foundation, Inc. (b) | 55,932 | 904,980 | |
First Hawaiian, Inc. | 172,644 | 5,004,950 | |
First Horizon National Corp. | 627,383 | 11,556,395 | |
First Internet Bancorp | 13,171 | 414,228 | |
First Interstate Bancsystem, Inc. | 47,490 | 2,205,911 | |
First Merchants Corp. | 86,573 | 4,165,893 | |
First Mid-Illinois Bancshares, Inc. | 15,730 | 646,346 | |
First Midwest Bancorp, Inc., Delaware | 205,561 | 5,587,148 | |
First Northwest Bancorp (b) | 5,375 | 89,978 | |
First of Long Island Corp. | 41,744 | 910,019 | |
First Republic Bank | 311,307 | 31,625,678 | |
First United Corp. | 8,652 | 174,338 | |
Flushing Financial Corp. | 54,005 | 1,399,810 | |
FNB Corp., Pennsylvania | 709,792 | 9,546,702 | |
Franklin Financial Network, Inc. (b) | 20,997 | 811,534 | |
Fulton Financial Corp. | 371,843 | 6,767,543 | |
German American Bancorp, Inc. | 39,052 | 1,467,965 | |
Glacier Bancorp, Inc. | 160,846 | 7,347,445 | |
Great Southern Bancorp, Inc. | 24,910 | 1,477,163 | |
Great Western Bancorp, Inc. | 113,857 | 4,957,334 | |
Green Bancorp, Inc. | 56,100 | 1,346,400 | |
Guaranty Bancorp | 49,165 | 1,536,406 | |
Guaranty Bancshares, Inc. Texas | 2,629 | 82,682 | |
Hancock Whitney Corp. | 162,816 | 8,393,165 | |
Hanmi Financial Corp. | 61,810 | 1,613,241 | |
HarborOne Bancorp, Inc. (b) | 47,994 | 945,962 | |
Heartland Financial U.S.A., Inc. | 59,340 | 3,607,872 | |
Heritage Commerce Corp. | 73,335 | 1,161,626 | |
Heritage Financial Corp., Washington | 64,195 | 2,330,279 | |
Hilltop Holdings, Inc. | 152,809 | 3,170,787 | |
Home Bancshares, Inc. | 351,965 | 8,239,501 | |
HomeTrust Bancshares, Inc. (b) | 28,372 | 817,114 | |
Hope Bancorp, Inc. | 265,233 | 4,644,230 | |
Horizon Bancorp, Inc. Indiana | 110,052 | 2,248,362 | |
Howard Bancorp, Inc. (b) | 9,598 | 167,485 | |
Huntington Bancshares, Inc. | 2,130,346 | 34,532,909 | |
IBERIABANK Corp. | 109,468 | 9,485,402 | |
Independent Bank Corp. | 42,453 | 1,059,202 | |
Independent Bank Corp., Massachusetts | 57,790 | 5,264,669 | |
Independent Bank Group, Inc. | 38,579 | 2,671,596 | |
International Bancshares Corp. | 113,872 | 5,334,903 | |
Investar Holding Corp. | 8,384 | 230,141 | |
Investors Bancorp, Inc. | 516,646 | 6,613,069 | |
JPMorgan Chase & Co. | 6,584,233 | 754,421,417 | |
KeyCorp | 2,062,964 | 43,466,651 | |
Lakeland Bancorp, Inc. | 83,017 | 1,602,228 | |
Lakeland Financial Corp. | 50,591 | 2,492,619 | |
LegacyTexas Financial Group, Inc. | 83,607 | 3,868,496 | |
Live Oak Bancshares, Inc. (a) | 47,360 | 1,432,640 | |
Luther Burbank Corp. | 30,837 | 351,542 | |
M&T Bank Corp. | 281,584 | 49,882,606 | |
Macatawa Bank Corp. | 24,767 | 308,844 | |
Mackinac Financial Corp. | 1,739 | 28,433 | |
MB Financial, Inc. | 163,929 | 7,943,999 | |
MBT Financial Corp. | 19,637 | 215,025 | |
Mercantile Bank Corp. | 25,655 | 908,444 | |
Merchants Bancorp/IN | 14,909 | 389,274 | |
Metropolitan Bank Holding Corp. (b) | 4,468 | 184,260 | |
Middlefield Banc Corp. | 407 | 20,187 | |
Midland States Bancorp, Inc. | 35,184 | 1,211,385 | |
Midsouth Bancorp, Inc. | 23,289 | 357,486 | |
MidWestOne Financial Group, Inc. | 15,589 | 522,855 | |
MutualFirst Financial, Inc. | 20,181 | 766,878 | |
National Bank Holdings Corp. | 64,357 | 2,583,934 | |
National Bankshares, Inc. | 6,356 | 292,376 | |
National Commerce Corp. (b) | 28,066 | 1,234,904 | |
NBT Bancorp, Inc. | 92,219 | 3,733,025 | |
Nicolet Bankshares, Inc. (b) | 10,757 | 595,508 | |
Northeast Bancorp | 10,393 | 226,567 | |
Northrim Bancorp, Inc. | 7,659 | 341,208 | |
Norwood Financial Corp. (a) | 7,600 | 298,224 | |
OFG Bancorp (a) | 84,264 | 1,365,077 | |
Ohio Valley Banc Corp. | 4,212 | 177,536 | |
Old Line Bancshares, Inc. | 18,401 | 629,314 | |
Old National Bancorp, Indiana | 272,863 | 5,539,119 | |
Old Point Financial Corp. | 1,881 | 50,035 | |
Old Second Bancorp, Inc. | 47,209 | 729,379 | |
Opus Bank | 31,202 | 884,577 | |
Origin Bancorp, Inc. | 11,465 | 464,562 | |
Orrstown Financial Services, Inc. | 6,508 | 169,533 | |
Pacific Mercantile Bancorp (b) | 10,321 | 104,242 | |
Pacific Premier Bancorp, Inc. (b) | 71,645 | 2,833,560 | |
PacWest Bancorp | 249,776 | 12,611,190 | |
Park National Corp. | 28,727 | 3,164,279 | |
Parke Bancorp, Inc. | 2,161 | 49,811 | |
PCSB Financial Corp. | 61,717 | 1,266,433 | |
Peapack-Gladstone Financial Corp. | 31,072 | 1,038,116 | |
Penns Woods Bancorp, Inc. | 3,854 | 174,509 | |
People's Utah Bancorp | 31,031 | 1,121,771 | |
Peoples Bancorp of North Carolina | 4,241 | 129,435 | |
Peoples Bancorp, Inc. | 36,511 | 1,309,284 | |
Peoples Financial Services Corp. | 12,111 | 556,864 | |
Peoples United Financial, Inc. (a) | 659,838 | 12,213,601 | |
Pinnacle Financial Partners, Inc. | 140,084 | 9,042,422 | |
PNC Financial Services Group, Inc. | 909,698 | 130,578,051 | |
Popular, Inc. | 204,979 | 10,318,643 | |
Preferred Bank, Los Angeles | 26,157 | 1,601,070 | |
Premier Financial Bancorp, Inc. | 6,971 | 135,935 | |
Prosperity Bancshares, Inc. | 133,535 | 9,993,759 | |
QCR Holdings, Inc. | 31,102 | 1,352,937 | |
Regions Financial Corp. | 2,158,623 | 42,006,804 | |
Reliant Bancorp, Inc. | 9,372 | 258,199 | |
Renasant Corp. | 91,081 | 4,252,572 | |
Republic Bancorp, Inc., Kentucky Class A | 18,205 | 884,945 | |
Republic First Bancorp, Inc. (b) | 116,122 | 905,752 | |
S&T Bancorp, Inc. | 72,150 | 3,366,519 | |
Sandy Spring Bancorp, Inc. | 64,813 | 2,527,707 | |
Sb One Bancorp | 5,379 | 149,536 | |
Seacoast Banking Corp., Florida (b) | 89,289 | 2,823,318 | |
ServisFirst Bancshares, Inc. | 88,788 | 3,826,763 | |
Shore Bancshares, Inc. | 8,325 | 156,427 | |
Sierra Bancorp | 11,641 | 345,388 | |
Signature Bank | 106,700 | 12,349,458 | |
Simmons First National Corp. Class A | 162,360 | 5,130,576 | |
SmartFinancial, Inc. (b) | 7,194 | 176,829 | |
South State Corp. | 78,685 | 6,487,578 | |
Southern First Bancshares, Inc. (b) | 5,767 | 239,907 | |
Southern National Bancorp of Virginia, Inc. | 38,866 | 682,098 | |
Southside Bancshares, Inc. | 58,795 | 2,093,102 | |
State Bank Financial Corp. | 77,921 | 2,538,666 | |
Sterling Bancorp | 417,699 | 9,544,422 | |
Stock Yards Bancorp, Inc. | 42,120 | 1,630,044 | |
Summit Financial Group, Inc. | 7,690 | 193,788 | |
SunTrust Banks, Inc. | 895,304 | 65,858,562 | |
SVB Financial Group (b) | 101,960 | 32,907,590 | |
Synovus Financial Corp. | 230,632 | 11,545,438 | |
TCF Financial Corp. | 339,227 | 8,599,404 | |
Texas Capital Bancshares, Inc. (b) | 94,840 | 8,431,276 | |
The Bank of Princeton | 8,000 | 263,200 | |
The First Bancorp, Inc. | 17,759 | 519,984 | |
Tompkins Financial Corp. | 24,657 | 2,166,611 | |
TowneBank | 136,261 | 4,442,109 | |
Trico Bancshares | 52,436 | 2,038,712 | |
TriState Capital Holdings, Inc. (b) | 45,938 | 1,366,656 | |
Triumph Bancorp, Inc. (b) | 42,149 | 1,789,225 | |
Trustmark Corp. | 144,879 | 5,140,307 | |
Two River Bancorp | 3,500 | 59,710 | |
U.S. Bancorp | 3,031,284 | 164,022,777 | |
UMB Financial Corp. | 85,559 | 6,437,459 | |
Umpqua Holdings Corp. | 414,883 | 8,878,496 | |
Union Bankshares Corp. | 104,822 | 4,360,595 | |
Union Bankshares, Inc. | 1,824 | 95,760 | |
United Bankshares, Inc., West Virginia (a) | 204,098 | 8,041,461 | |
United Community Bank, Inc. | 153,700 | 4,663,258 | |
United Security Bancshares, California | 5,985 | 66,434 | |
Unity Bancorp, Inc. | 5,913 | 144,277 | |
Univest Corp. of Pennsylvania | 62,745 | 1,788,233 | |
Valley National Bancorp | 559,166 | 6,737,950 | |
Veritex Holdings, Inc. (b) | 31,035 | 950,292 | |
Washington Trust Bancorp, Inc. | 28,271 | 1,696,260 | |
Webster Financial Corp. | 186,178 | 12,172,318 | |
Wells Fargo & Co. | 8,488,979 | 496,435,492 | |
WesBanco, Inc. | 113,831 | 5,617,560 | |
West Bancorp., Inc. | 59,222 | 1,430,211 | |
Westamerica Bancorp. (a) | 55,111 | 3,528,757 | |
Western Alliance Bancorp. (b) | 198,761 | 11,458,572 | |
Wintrust Financial Corp. | 115,693 | 10,244,615 | |
Zions Bancorporation (a) | 371,767 | 19,811,463 | |
3,662,860,890 | |||
Capital Markets - 2.7% | |||
Affiliated Managers Group, Inc. | 105,675 | 15,438,061 | |
Ameriprise Financial, Inc. | 279,840 | 39,726,086 | |
Arlington Asset Investment Corp. (a) | 57,340 | 583,148 | |
Artisan Partners Asset Management, Inc. | 93,464 | 3,098,332 | |
Ashford, Inc. | 1,254 | 114,603 | |
Associated Capital Group, Inc. | 6,083 | 227,504 | |
B. Riley Financial, Inc. | 27,353 | 626,384 | |
Bank of New York Mellon Corp. | 1,955,270 | 101,967,331 | |
BGC Partners, Inc. Class A | 505,535 | 6,278,745 | |
BlackRock, Inc. Class A | 238,101 | 114,064,665 | |
Blucora, Inc. (b) | 88,148 | 3,190,958 | |
Brighthouse Financial, Inc. (b) | 228,459 | 9,483,333 | |
Cboe Global Markets, Inc. | 218,384 | 22,013,107 | |
Charles Schwab Corp. | 2,323,120 | 117,991,265 | |
CME Group, Inc. | 660,444 | 115,399,380 | |
Cohen & Co., Inc. (a) | 688 | 6,680 | |
Cohen & Steers, Inc. | 44,690 | 1,857,763 | |
Cowen Group, Inc. Class A (a)(b) | 62,267 | 946,458 | |
Diamond Hill Investment Group, Inc. | 6,333 | 1,181,674 | |
E*TRADE Financial Corp. (b) | 503,457 | 29,633,479 | |
Eaton Vance Corp. (non-vtg.) | 232,580 | 12,263,943 | |
Evercore, Inc. Class A | 78,707 | 8,354,748 | |
FactSet Research Systems, Inc. | 74,889 | 17,178,788 | |
Federated Investors, Inc. Class B (non-vtg.) | 183,966 | 4,260,653 | |
Franklin Resources, Inc. | 629,432 | 19,978,172 | |
Gain Capital Holdings, Inc. | 33,946 | 250,182 | |
GAMCO Investors, Inc. Class A | 6,919 | 178,856 | |
Goldman Sachs Group, Inc. | 679,048 | 161,484,405 | |
Great Elm Capital Group, Inc. (b) | 8,360 | 25,916 | |
Greenhill & Co., Inc. | 46,751 | 1,285,653 | |
Hamilton Lane, Inc. Class A | 41,047 | 2,002,273 | |
Houlihan Lokey | 64,542 | 3,035,410 | |
Interactive Brokers Group, Inc. | 140,548 | 8,736,464 | |
IntercontinentalExchange, Inc. | 1,120,668 | 85,428,522 | |
INTL FCStone, Inc. (b) | 29,684 | 1,655,180 | |
Invesco Ltd. | 799,281 | 19,262,672 | |
Investment Technology Group, Inc. | 64,820 | 1,418,262 | |
Janus Henderson Group PLC | 347,666 | 9,821,565 | |
Ladenburg Thalmann Financial Services, Inc. | 156,020 | 538,269 | |
Lazard Ltd. Class A | 257,133 | 12,378,383 | |
Legg Mason, Inc. | 170,788 | 5,328,586 | |
LPL Financial | 171,304 | 11,347,177 | |
Manning & Napier, Inc. Class A | 21,800 | 63,220 | |
MarketAxess Holdings, Inc. | 73,407 | 13,934,117 | |
Moelis & Co. Class A | 94,020 | 5,457,861 | |
Moody's Corp. | 324,244 | 57,721,917 | |
Morgan Stanley | 2,628,148 | 128,332,467 | |
Morningstar, Inc. | 38,287 | 5,449,006 | |
MSCI, Inc. | 171,311 | 30,880,521 | |
Northern Trust Corp. | 409,432 | 43,997,563 | |
Oppenheimer Holdings, Inc. Class A (non-vtg.) | 19,317 | 602,690 | |
Piper Jaffray Companies | 27,505 | 2,117,885 | |
PJT Partners, Inc. | 43,421 | 2,514,944 | |
Pzena Investment Management, Inc. | 7,036 | 63,887 | |
Raymond James Financial, Inc. | 249,930 | 23,253,487 | |
S&P Global, Inc. | 485,690 | 100,562,115 | |
Safeguard Scientifics, Inc. (b) | 29,758 | 306,507 | |
SEI Investments Co. | 261,551 | 16,498,637 | |
Silvercrest Asset Management Group Class A | 6,008 | 95,227 | |
State Street Corp. | 709,528 | 61,665,078 | |
Stifel Financial Corp. | 140,452 | 7,847,053 | |
T. Rowe Price Group, Inc. | 466,817 | 54,099,422 | |
TD Ameritrade Holding Corp. | 528,722 | 30,967,248 | |
The NASDAQ OMX Group, Inc. | 225,473 | 21,519,143 | |
TheStreet.com, Inc. (b) | 3,696 | 7,725 | |
U.S. Global Investments, Inc. Class A | 7,637 | 12,372 | |
Virtu Financial, Inc. Class A | 124,113 | 2,705,663 | |
Virtus Investment Partners, Inc. | 12,698 | 1,638,042 | |
Waddell & Reed Financial, Inc. Class A (a) | 156,809 | 3,139,316 | |
Westwood Holdings Group, Inc. | 13,598 | 782,293 | |
WisdomTree Investments, Inc. | 238,661 | 1,961,793 | |
1,588,240,234 | |||
Consumer Finance - 0.8% | |||
Ally Financial, Inc. | 819,334 | 22,023,698 | |
American Express Co. | 1,386,151 | 146,904,283 | |
Asta Funding, Inc. (b) | 4,468 | 16,532 | |
Atlanticus Holdings Corp. (b) | 35,598 | 100,386 | |
Capital One Financial Corp. | 939,357 | 93,080,885 | |
Consumer Portfolio Services, Inc. (b) | 11,930 | 46,050 | |
Credit Acceptance Corp. (a)(b) | 24,306 | 11,100,793 | |
CURO Group Holdings Corp. (b) | 18,059 | 557,301 | |
Discover Financial Services | 677,916 | 52,958,798 | |
Elevate Credit, Inc. (b) | 22,390 | 209,570 | |
Encore Capital Group, Inc. (a)(b) | 60,800 | 2,356,000 | |
Enova International, Inc. (b) | 64,170 | 2,130,444 | |
EZCORP, Inc. (non-vtg.) Class A (a)(b) | 105,107 | 1,166,688 | |
First Cash Financial Services, Inc. | 90,535 | 7,360,496 | |
Green Dot Corp. Class A (b) | 90,601 | 7,761,788 | |
Imperial Holdings, Inc. warrants 4/11/19 (b) | 1,880 | 0 | |
LendingClub Corp. (a)(b) | 748,051 | 2,700,464 | |
Navient Corp. | 516,185 | 7,040,763 | |
Nelnet, Inc. Class A | 39,295 | 2,265,357 | |
Nicholas Financial, Inc. (b) | 5,705 | 67,148 | |
OneMain Holdings, Inc. (b) | 149,135 | 5,473,255 | |
PRA Group, Inc. (a)(b) | 88,617 | 3,238,951 | |
Regional Management Corp. (b) | 15,900 | 529,947 | |
Santander Consumer U.S.A. Holdings, Inc. | 224,182 | 4,837,848 | |
SLM Corp. (b) | 852,196 | 9,987,737 | |
Synchrony Financial | 1,357,490 | 42,991,708 | |
World Acceptance Corp. (b) | 10,919 | 1,295,103 | |
428,201,993 | |||
Diversified Financial Services - 1.4% | |||
Acushnet Holdings Corp. | 81,949 | 2,216,720 | |
Alteryx, Inc. (a)(b) | 48,068 | 2,790,347 | |
AXA Equitable Holdings, Inc. (a) | 268,738 | 6,167,537 | |
Berkshire Hathaway, Inc. Class B (b) | 3,717,453 | 775,906,790 | |
Cannae Holdings, Inc. (b) | 143,529 | 2,790,204 | |
Columbia Financial, Inc. | 137,378 | 2,325,810 | |
ConvergeOne Holdings, Inc. | 64,014 | 585,088 | |
Donnelley Financial Solutions, Inc. (b) | 71,378 | 1,491,086 | |
FB Financial Corp. | 34,670 | 1,524,787 | |
FGL Holdings Class A (a)(b) | 329,409 | 2,869,152 | |
Granite Point Mortgage Trust, Inc. | 74,859 | 1,432,801 | |
Jefferies Financial Group, Inc. | 592,981 | 13,769,019 | |
Marlin Business Services Corp. | 14,103 | 403,346 | |
On Deck Capital, Inc. (b) | 74,269 | 610,491 | |
Rafael Holdings, Inc. (b) | 22,382 | 210,838 | |
RBB Bancorp | 9,470 | 271,316 | |
Sachem Capital Corp. | 200 | 848 | |
Senseonics Holdings, Inc. (a)(b) | 167,851 | 684,832 | |
Victory Capital Holdings, Inc. (b) | 5,281 | 52,176 | |
Voya Financial, Inc. | 317,767 | 15,910,594 | |
832,013,782 | |||
Insurance - 2.6% | |||
AFLAC, Inc. | 1,487,544 | 68,784,035 | |
Alleghany Corp. | 30,712 | 19,403,227 | |
Allstate Corp. | 674,538 | 67,838,287 | |
AMBAC Financial Group, Inc. (b) | 94,134 | 1,989,051 | |
American Equity Investment Life Holding Co. | 169,504 | 6,286,903 | |
American Financial Group, Inc. | 132,219 | 14,723,908 | |
American International Group, Inc. | 1,739,360 | 92,481,771 | |
American National Insurance Co. | 20,619 | 2,646,242 | |
Amerisafe, Inc. | 34,393 | 2,194,273 | |
AmTrust Financial Services, Inc. | 184,814 | 2,687,196 | |
Aon PLC | 475,274 | 69,180,883 | |
Arch Capital Group Ltd. (b) | 784,551 | 23,983,724 | |
Argo Group International Holdings, Ltd. | 67,203 | 4,280,831 | |
Arthur J. Gallagher & Co. | 353,316 | 25,488,216 | |
Aspen Insurance Holdings Ltd. | 121,428 | 4,996,762 | |
Assurant, Inc. | 101,576 | 10,444,044 | |
Assured Guaranty Ltd. | 219,846 | 8,956,526 | |
Athene Holding Ltd. (b) | 241,964 | 12,015,932 | |
Atlas Financial Holdings, Inc. (b) | 9,356 | 95,899 | |
Axis Capital Holdings Ltd. | 162,387 | 9,340,500 | |
Brown & Brown, Inc. | 445,039 | 13,564,789 | |
Chubb Ltd. | 901,422 | 121,908,311 | |
Cincinnati Financial Corp. | 296,401 | 22,725,065 | |
Citizens, Inc. Class A (a)(b) | 65,561 | 550,712 | |
CNA Financial Corp. | 74,168 | 3,330,143 | |
CNO Financial Group, Inc. | 338,474 | 7,314,423 | |
Crawford & Co. Class B | 31,537 | 275,003 | |
Donegal Group, Inc. Class A | 8,008 | 115,716 | |
eHealth, Inc. (b) | 29,798 | 869,804 | |
EMC Insurance Group | 9,582 | 246,066 | |
Employers Holdings, Inc. | 65,170 | 2,988,045 | |
Enstar Group Ltd. (b) | 22,560 | 4,816,560 | |
Erie Indemnity Co. Class A | 43,603 | 5,386,279 | |
Everest Re Group Ltd. | 78,647 | 17,539,854 | |
FBL Financial Group, Inc. Class A | 19,372 | 1,575,912 | |
Fednat Holding Co. | 19,431 | 511,035 | |
First American Financial Corp. | 219,174 | 12,462,234 | |
FNF Group | 535,809 | 21,485,941 | |
Genworth Financial, Inc. Class A (b) | 956,877 | 4,449,478 | |
Global Indemnity Ltd. | 13,709 | 540,546 | |
Greenlight Capital Re, Ltd. (b) | 60,650 | 779,353 | |
Hallmark Financial Services, Inc. (b) | 10,337 | 116,085 | |
Hanover Insurance Group, Inc. | 83,897 | 10,276,544 | |
Hartford Financial Services Group, Inc. | 689,332 | 34,721,653 | |
HCI Group, Inc. | 13,167 | 533,264 | |
Health Insurance Innovations, Inc. (a)(b) | 22,858 | 1,209,188 | |
Heritage Insurance Holdings, Inc. | 60,181 | 881,652 | |
Horace Mann Educators Corp. | 79,807 | 3,695,064 | |
Independence Holding Co. | 16,014 | 564,494 | |
Investors Title Co. | 1,743 | 338,142 | |
James River Group Holdings Ltd. | 60,694 | 2,485,419 | |
Kemper Corp. | 120,550 | 9,806,743 | |
Kingstone Companies, Inc. | 9,045 | 167,785 | |
Kinsale Capital Group, Inc. | 39,379 | 2,393,062 | |
Lincoln National Corp. | 425,807 | 27,924,423 | |
Loews Corp. | 504,188 | 25,365,698 | |
Maiden Holdings Ltd. | 125,108 | 475,410 | |
Markel Corp. (b) | 27,302 | 33,002,658 | |
Marsh & McLennan Companies, Inc. | 978,782 | 82,834,321 | |
MBIA, Inc. (a)(b) | 208,068 | 2,136,858 | |
Mercury General Corp. | 75,263 | 4,056,676 | |
MetLife, Inc. | 1,961,314 | 90,004,699 | |
National General Holdings Corp. | 122,077 | 3,333,923 | |
National Western Life Group, Inc. | 4,567 | 1,488,614 | |
Navigators Group, Inc. | 43,776 | 3,064,320 | |
NI Holdings, Inc. (b) | 13,749 | 232,083 | |
Old Republic International Corp. | 496,118 | 11,003,897 | |
Primerica, Inc. | 84,609 | 10,343,450 | |
Principal Financial Group, Inc. | 513,933 | 28,363,962 | |
ProAssurance Corp. | 109,792 | 5,308,443 | |
Progressive Corp. | 1,119,628 | 75,608,479 | |
Protective Insurance Corp. Class B | 12,738 | 299,343 | |
Prudential Financial, Inc. | 810,829 | 79,663,949 | |
Reinsurance Group of America, Inc. | 124,322 | 17,759,398 | |
RenaissanceRe Holdings Ltd. | 80,100 | 10,650,096 | |
RLI Corp. | 76,037 | 5,852,568 | |
Safety Insurance Group, Inc. | 29,545 | 2,857,002 | |
Selective Insurance Group, Inc. | 116,319 | 7,467,680 | |
State Auto Financial Corp. | 27,464 | 862,095 | |
Stewart Information Services Corp. | 44,220 | 1,980,172 | |
The Travelers Companies, Inc. | 520,356 | 68,478,850 | |
Third Point Reinsurance Ltd. (b) | 151,089 | 2,024,593 | |
Tiptree, Inc. | 33,155 | 215,508 | |
Torchmark Corp. | 199,059 | 17,501,267 | |
Trupanion, Inc. (a)(b) | 42,348 | 1,617,270 | |
United Fire Group, Inc. | 40,895 | 2,025,529 | |
United Insurance Holdings Corp. | 34,862 | 726,175 | |
Universal Insurance Holdings, Inc. | 62,678 | 2,795,439 | |
Unum Group | 430,125 | 15,863,010 | |
W.R. Berkley Corp. | 186,079 | 14,562,543 | |
White Mountains Insurance Group Ltd. | 5,823 | 5,403,453 | |
Willis Group Holdings PLC | 253,154 | 37,281,990 | |
XL Group Ltd. | 494,933 | 28,404,205 | |
1,487,282,623 | |||
Mortgage Real Estate Investment Trusts - 0.2% | |||
AG Mortgage Investment Trust, Inc. | 51,250 | 963,500 | |
AGNC Investment Corp. | 902,240 | 17,160,605 | |
American Capital Mortgage Investment Corp. | 77,847 | 1,525,801 | |
Annaly Capital Management, Inc. | 2,223,022 | 23,608,494 | |
Anworth Mortgage Asset Corp. | 251,516 | 1,227,398 | |
Apollo Commercial Real Estate Finance, Inc. | 198,735 | 3,861,421 | |
Arbor Realty Trust, Inc. (a) | 149,308 | 1,830,516 | |
Ares Commercial Real Estate Corp. | 44,112 | 644,917 | |
Armour Residential REIT, Inc. | 78,889 | 1,855,469 | |
Blackstone Mortgage Trust, Inc. (a) | 218,615 | 7,446,027 | |
Capstead Mortgage Corp. | 189,470 | 1,591,548 | |
Cherry Hill Mortgage Investment Corp. | 12,023 | 223,628 | |
Chimera Investment Corp. | 389,423 | 7,254,950 | |
Dynex Capital, Inc. | 127,368 | 816,429 | |
Ellington Residential Mortgage REIT | 15,540 | 183,683 | |
Exantas Capital Corp. | 55,796 | 661,183 | |
Great Ajax Corp. | 20,136 | 274,655 | |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. (a) | 96,779 | 2,086,555 | |
Hunt Companies Finance Trust I (a) | 6,106 | 21,921 | |
Invesco Mortgage Capital, Inc. | 207,984 | 3,375,580 | |
KKR Real Estate Finance Trust, Inc. | 61,897 | 1,312,216 | |
Ladder Capital Corp. Class A | 204,015 | 3,543,741 | |
MFA Financial, Inc. | 890,541 | 6,821,544 | |
New Residential Investment Corp. | 635,458 | 11,800,455 | |
New York Mortgage Trust, Inc. (a) | 227,021 | 1,452,934 | |
Orchid Island Capital, Inc. (a) | 113,192 | 898,744 | |
Owens Realty Mortgage, Inc. (a) | 54,252 | 895,158 | |
PennyMac Mortgage Investment Trust | 137,871 | 2,754,663 | |
Redwood Trust, Inc. | 147,922 | 2,511,716 | |
Starwood Property Trust, Inc. | 508,786 | 11,208,556 | |
Two Harbors Investment Corp. | 468,829 | 7,323,109 | |
Western Asset Mortgage Capital Corp. | 88,849 | 988,889 | |
ZAIS Financial Corp. | 18,554 | 318,201 | |
128,444,206 | |||
Real Estate Management & Development - 0.0% | |||
The RMR Group, Inc. | 12,871 | 1,215,666 | |
Thrifts & Mortgage Finance - 0.2% | |||
BankFinancial Corp. | 19,300 | 307,835 | |
Beneficial Bancorp, Inc. | 178,014 | 3,133,046 | |
BofI Holding, Inc. (a)(b) | 104,951 | 3,908,375 | |
BSB Bancorp, Inc. (b) | 6,958 | 231,701 | |
Capitol Federal Financial, Inc. | 317,152 | 4,189,578 | |
Charter Financial Corp. | 26,857 | 669,008 | |
Coastway Bancorp, Inc. (b) | 4,955 | 137,501 | |
Dime Community Bancshares, Inc. | 65,979 | 1,197,519 | |
Entegra Financial Corp. (b) | 3,030 | 83,325 | |
ESSA Bancorp, Inc. | 4,298 | 69,112 | |
Essent Group Ltd. (b) | 166,676 | 7,227,071 | |
Farmer Mac Class C (non-vtg.) | 19,331 | 1,489,840 | |
First Defiance Financial Corp. | 36,462 | 1,166,419 | |
Flagstar Bancorp, Inc. (b) | 55,871 | 1,846,537 | |
FS Bancorp, Inc. | 3,111 | 181,465 | |
Hingham Institution for Savings | 2,103 | 456,372 | |
Home Bancorp, Inc. | 8,218 | 375,974 | |
HomeStreet, Inc. (b) | 54,010 | 1,590,595 | |
Impac Mortgage Holdings, Inc. (a)(b) | 22,924 | 171,472 | |
Kearny Financial Corp. | 223,951 | 3,068,129 | |
Lendingtree, Inc. (a)(b) | 15,340 | 3,886,389 | |
Malvern Bancorp, Inc. (a)(b) | 6,089 | 149,789 | |
Meridian Bancorp, Inc. Maryland | 112,706 | 2,017,437 | |
Meta Financial Group, Inc. | 16,728 | 1,448,645 | |
MGIC Investment Corp. (b) | 722,209 | 9,186,498 | |
New York Community Bancorp, Inc. (a) | 991,185 | 10,675,062 | |
NMI Holdings, Inc. (b) | 118,639 | 2,562,602 | |
Northfield Bancorp, Inc. | 77,835 | 1,267,154 | |
Northwest Bancshares, Inc. | 218,925 | 3,988,814 | |
OceanFirst Financial Corp. | 74,436 | 2,173,531 | |
Ocwen Financial Corp. (b) | 226,819 | 948,103 | |
Oritani Financial Corp. | 122,108 | 1,978,150 | |
PennyMac Financial Services, Inc. | 43,564 | 921,379 | |
PHH Corp. (b) | 94,843 | 1,029,047 | |
Poage Bankshares, Inc. | 2,365 | 62,318 | |
Provident Financial Holdings, Inc. | 3,066 | 56,414 | |
Provident Financial Services, Inc. | 132,445 | 3,341,587 | |
Radian Group, Inc. | 410,077 | 8,336,865 | |
Riverview Bancorp, Inc. | 10,064 | 99,130 | |
Security National Financial Corp. Class A | 12,342 | 64,796 | |
SI Financial Group, Inc. | 5,231 | 72,449 | |
Southern Missouri Bancorp, Inc. | 5,377 | 215,080 | |
Sterling Bancorp, Inc. | 29,919 | 366,508 | |
Territorial Bancorp, Inc. | 13,244 | 395,731 | |
TFS Financial Corp. | 199,797 | 3,084,866 | |
Timberland Bancorp, Inc. | 5,712 | 202,833 | |
Trustco Bank Corp., New York | 182,946 | 1,692,251 | |
United Community Financial Corp. | 86,143 | 891,580 | |
United Financial Bancorp, Inc. New | 98,895 | 1,757,364 | |
Walker & Dunlop, Inc. | 62,162 | 3,387,829 | |
Washington Federal, Inc. | 184,491 | 6,291,143 | |
Waterstone Financial, Inc. | 43,917 | 742,197 | |
Westfield Financial, Inc. | 33,310 | 354,752 | |
WMI Holdings Corp. (b) | 665,894 | 1,005,500 | |
WSFS Financial Corp. | 63,718 | 3,109,438 | |
109,264,105 | |||
TOTAL FINANCIALS | 8,237,523,499 | ||
HEALTH CARE - 14.2% | |||
Biotechnology - 3.0% | |||
AbbVie, Inc. | 2,937,285 | 281,920,614 | |
Abeona Therapeutics, Inc. (a)(b) | 62,198 | 957,849 | |
ACADIA Pharmaceuticals, Inc. (a)(b) | 184,318 | 2,621,002 | |
Acceleron Pharma, Inc. (b) | 75,443 | 4,075,431 | |
Achaogen, Inc. (a)(b) | 54,118 | 286,284 | |
Achillion Pharmaceuticals, Inc. (b) | 264,408 | 912,208 | |
Acorda Therapeutics, Inc. (b) | 101,836 | 2,932,877 | |
Actinium Pharmaceuticals, Inc. (b) | 38,656 | 24,740 | |
Adamas Pharmaceuticals, Inc. (a)(b) | 38,351 | 883,224 | |
ADMA Biologics, Inc. (b) | 34,956 | 223,369 | |
Aduro Biotech, Inc. (a)(b) | 81,702 | 604,595 | |
Advaxis, Inc. (b) | 48,573 | 70,431 | |
Adverum Biotechnologies, Inc. (b) | 72,964 | 554,526 | |
Aeglea BioTherapeutics, Inc. (a)(b) | 26,323 | 287,710 | |
Aevi Genomic Medicine, Inc. (b) | 41,669 | 52,086 | |
Agenus, Inc. (a)(b) | 138,167 | 305,349 | |
Agios Pharmaceuticals, Inc. (a)(b) | 97,937 | 7,905,475 | |
Aimmune Therapeutics, Inc. (b) | 78,694 | 2,196,350 | |
Akebia Therapeutics, Inc. (b) | 89,194 | 732,283 | |
Albireo Pharma, Inc. (b) | 13,977 | 483,325 | |
Alder Biopharmaceuticals, Inc. (a)(b) | 108,499 | 1,963,832 | |
Aldeyra Therapeutics, Inc. (b) | 22,510 | 190,210 | |
Alexion Pharmaceuticals, Inc. (b) | 431,789 | 52,781,887 | |
Alkermes PLC (a)(b) | 298,449 | 13,382,453 | |
Allena Pharmaceuticals, Inc. (b) | 8,811 | 96,040 | |
Alnylam Pharmaceuticals, Inc. (b) | 164,063 | 20,125,608 | |
Alpine Immune Sciences, Inc. (b) | 12,084 | 81,204 | |
Altimmune, Inc. (a)(b) | 5,138 | 1,644 | |
AMAG Pharmaceuticals, Inc. (a)(b) | 66,217 | 1,615,695 | |
Amgen, Inc. | 1,291,967 | 258,147,926 | |
Amicus Therapeutics, Inc. (a)(b) | 366,758 | 4,943,898 | |
AnaptysBio, Inc. (b) | 27,845 | 2,468,181 | |
Anavex Life Sciences Corp. (a)(b) | 69,965 | 186,807 | |
Apellis Pharmaceuticals, Inc. (b) | 66,063 | 1,278,980 | |
Applied Genetic Technologies Corp. (b) | 14,097 | 62,732 | |
Aptevo Therapeutics, Inc. (b) | 25,681 | 141,759 | |
AquaBounty Technologies, Inc. (b) | 1,372 | 4,061 | |
Aquinox Pharmaceuticals, Inc. (b) | 41,529 | 129,570 | |
Arcus Biosciences, Inc. (a) | 6,872 | 98,957 | |
Ardelyx, Inc. (b) | 110,323 | 474,389 | |
Arena Pharmaceuticals, Inc. (b) | 95,520 | 3,709,997 | |
ArQule, Inc. (b) | 197,124 | 1,306,932 | |
Array BioPharma, Inc. (b) | 398,574 | 6,205,797 | |
Arrowhead Pharmaceuticals, Inc. (a)(b) | 177,530 | 2,620,343 | |
Arsanis, Inc. (b) | 8,493 | 19,449 | |
Asterias Biotherapeutics, Inc. (a)(b) | 24,436 | 37,876 | |
Atara Biotherapeutics, Inc. (a)(b) | 89,519 | 3,665,803 | |
Athersys, Inc. (a)(b) | 261,347 | 538,375 | |
aTyr Pharma, Inc. (b) | 6,529 | 4,713 | |
Audentes Therapeutics, Inc. (b) | 53,376 | 1,942,886 | |
AVEO Pharmaceuticals, Inc. (a)(b) | 164,980 | 493,290 | |
Avid Bioservices, Inc. (b) | 85,182 | 623,532 | |
Bellicum Pharmaceuticals, Inc. (a)(b) | 75,895 | 548,721 | |
Biocept, Inc. (b) | 2,199 | 7,740 | |
BioCryst Pharmaceuticals, Inc. (a)(b) | 198,969 | 1,424,618 | |
Biogen, Inc. (b) | 408,820 | 144,513,782 | |
Biohaven Pharmaceutical Holding Co. Ltd. (a)(b) | 57,394 | 2,172,937 | |
BioMarin Pharmaceutical, Inc. (b) | 340,364 | 34,029,593 | |
Biospecifics Technologies Corp. (b) | 19,816 | 1,062,930 | |
BioTime, Inc. (a)(b) | 346,441 | 952,713 | |
bluebird bio, Inc. (a)(b) | 102,592 | 17,266,234 | |
Blueprint Medicines Corp. (b) | 74,628 | 5,721,729 | |
BrainStorm Cell Therpeutic, Inc. (a)(b) | 15,396 | 60,968 | |
Calithera Biosciences, Inc. (b) | 45,690 | 249,011 | |
Calyxt, Inc. (a)(b) | 10,855 | 183,775 | |
Cancer Genetics, Inc. (a)(b) | 9,725 | 8,805 | |
Capricor Therapeutics, Inc. (a)(b) | 31,524 | 38,144 | |
Cara Therapeutics, Inc. (a)(b) | 69,866 | 1,409,197 | |
CareDx, Inc. (b) | 60,104 | 1,461,128 | |
CASI Pharmaceuticals, Inc. (b) | 84,183 | 585,072 | |
Catalyst Biosciences, Inc. (b) | 23,199 | 253,565 | |
Catalyst Pharmaceutical Partners, Inc. (b) | 206,783 | 696,859 | |
Cel-Sci Corp. (a)(b) | 25,753 | 69,018 | |
Celcuity, Inc. (b) | 1,151 | 28,453 | |
Celgene Corp. (b) | 1,365,300 | 128,952,585 | |
Celldex Therapeutics, Inc. (b) | 215,095 | 107,978 | |
Cellular Biomedicine Group, Inc. (a)(b) | 19,712 | 418,880 | |
Celsion Corp. (b) | 10,668 | 30,404 | |
ChemoCentryx, Inc. (b) | 36,062 | 475,297 | |
Chimerix, Inc. (b) | 63,824 | 254,658 | |
Cidara Therapeutics, Inc. (a)(b) | 11,887 | 50,520 | |
Cleveland Biolabs, Inc. (a)(b) | 1,776 | 3,392 | |
Clovis Oncology, Inc. (b) | 98,725 | 3,529,419 | |
Co.-Diagnostics, Inc. (b) | 7,929 | 25,214 | |
CohBar, Inc. (a)(b) | 86,892 | 455,314 | |
Coherus BioSciences, Inc. (b) | 100,702 | 2,029,145 | |
Conatus Pharmaceuticals, Inc. (a)(b) | 36,543 | 205,006 | |
Concert Pharmaceuticals, Inc. (b) | 25,754 | 406,141 | |
Corbus Pharmaceuticals Holdings, Inc. (a)(b) | 97,055 | 567,772 | |
Corvus Pharmaceuticals, Inc. (b) | 20,017 | 219,386 | |
CTI BioPharma Corp. (b) | 94,910 | 178,431 | |
Cue Biopharma, Inc. (a)(b) | 17,423 | 167,609 | |
Curis, Inc. (b) | 35,800 | 60,860 | |
Cyclacel Pharmaceuticals, Inc. (b) | 960 | 1,469 | |
Cytokinetics, Inc. (b) | 89,621 | 708,006 | |
CytomX Therapeutics, Inc. (b) | 82,255 | 1,849,915 | |
Cytori Therapeutics, Inc. (a)(b) | 1,078 | 563 | |
CytRx Corp. (a)(b) | 40,644 | 45,928 | |
Deciphera Pharmaceuticals, Inc. (a)(b) | 27,445 | 1,015,191 | |
Denali Therapeutics, Inc. (a)(b) | 28,737 | 564,107 | |
Dicerna Pharmaceuticals, Inc. (b) | 41,758 | 661,864 | |
Dyax Corp. rights 12/31/19 (b)(c) | 200,675 | 802,700 | |
Dynavax Technologies Corp. (a)(b) | 101,676 | 1,408,213 | |
Eagle Pharmaceuticals, Inc. (a)(b) | 14,894 | 1,029,622 | |
Edge Therapeutics, Inc. (b) | 50,398 | 44,854 | |
Editas Medicine, Inc. (a)(b) | 75,932 | 2,492,848 | |
Eiger Biopharmaceuticals, Inc. (b) | 19,778 | 255,136 | |
Emergent BioSolutions, Inc. (b) | 74,721 | 4,632,702 | |
Enanta Pharmaceuticals, Inc. (b) | 29,541 | 2,686,163 | |
Epizyme, Inc. (a)(b) | 93,334 | 1,101,341 | |
Esperion Therapeutics, Inc. (a)(b) | 38,782 | 1,919,321 | |
Exact Sciences Corp. (a)(b) | 238,198 | 17,838,648 | |
Exelixis, Inc. (b) | 539,055 | 10,128,843 | |
Fate Therapeutics, Inc. (a)(b) | 88,933 | 1,146,346 | |
Fibrocell Science, Inc. (a)(b) | 2,592 | 5,132 | |
FibroGen, Inc. (b) | 152,796 | 9,343,475 | |
Five Prime Therapeutics, Inc. (b) | 76,988 | 1,077,832 | |
Flexion Therapeutics, Inc. (a)(b) | 70,183 | 1,607,191 | |
Fortress Biotech, Inc. (a)(b) | 43,908 | 86,499 | |
Galectin Therapeutics, Inc. (a)(b) | 56,076 | 362,812 | |
Genocea Biosciences, Inc. (a)(b) | 59,471 | 38,061 | |
Genomic Health, Inc. (b) | 39,004 | 2,385,875 | |
GenVec, Inc. rights (b)(c) | 814 | 0 | |
Geron Corp. (a)(b) | 355,017 | 2,034,247 | |
Gilead Sciences, Inc. | 2,521,527 | 190,955,240 | |
Global Blood Therapeutics, Inc. (a)(b) | 93,955 | 4,599,097 | |
GlycoMimetics, Inc. (a)(b) | 63,039 | 927,934 | |
GTx, Inc. (b) | 20,485 | 490,001 | |
Halozyme Therapeutics, Inc. (a)(b) | 263,841 | 4,857,313 | |
Heat Biologics, Inc. (b) | 27,222 | 56,077 | |
Hemispherx Biopharma, Inc. (b) | 10,898 | 2,997 | |
Heron Therapeutics, Inc. (b) | 138,379 | 5,334,510 | |
Homology Medicines, Inc. (a)(b) | 23,470 | 390,776 | |
iBio, Inc. (a)(b) | 4,036 | 3,349 | |
Idera Pharmaceuticals, Inc. (a)(b) | 39,263 | 410,691 | |
Immune Design Corp. (b) | 68,872 | 261,714 | |
ImmunoCellular Therapeutics Ltd. (b) | 1,048 | 246 | |
ImmunoGen, Inc. (a)(b) | 279,867 | 2,851,845 | |
Immunomedics, Inc. (a)(b) | 306,809 | 8,210,209 | |
Incyte Corp. (b) | 343,065 | 25,355,934 | |
Infinity Pharmaceuticals, Inc. (a)(b) | 82,811 | 187,153 | |
Inovio Pharmaceuticals, Inc. (a)(b) | 153,711 | 808,520 | |
Insmed, Inc. (a)(b) | 145,963 | 2,909,043 | |
Insys Therapeutics, Inc. (a)(b) | 45,156 | 422,209 | |
Intellia Therapeutics, Inc. (a)(b) | 43,137 | 1,334,227 | |
Intercept Pharmaceuticals, Inc. (a)(b) | 39,366 | 4,401,119 | |
Intrexon Corp. (a)(b) | 138,526 | 2,130,530 | |
Invitae Corp. (b) | 122,521 | 1,814,536 | |
Ionis Pharmaceuticals, Inc. (a)(b) | 264,796 | 12,098,529 | |
Iovance Biotherapeutics, Inc. (b) | 176,766 | 3,128,758 | |
Ironwood Pharmaceuticals, Inc. Class A (a)(b) | 274,281 | 5,277,166 | |
IsoRay, Inc. (b) | 57,047 | 29,180 | |
ITUS Corp. (b) | 25,229 | 96,122 | |
Jounce Therapeutics, Inc. (a)(b) | 10,322 | 81,028 | |
Kadmon Holdings, Inc. (b) | 207,825 | 895,726 | |
Kalvista Pharmaceuticals, Inc. (b) | 508 | 8,636 | |
Karyopharm Therapeutics, Inc. (b) | 92,956 | 1,956,724 | |
Keryx Biopharmaceuticals, Inc. (a)(b) | 230,453 | 785,845 | |
Kindred Biosciences, Inc. (b) | 55,110 | 821,139 | |
Krystal Biotech, Inc. | 3,314 | 54,383 | |
Kura Oncology, Inc. (a)(b) | 53,689 | 1,100,625 | |
La Jolla Pharmaceutical Co. (a)(b) | 42,577 | 980,974 | |
Leap Therapeutics, Inc. (b) | 2,828 | 20,842 | |
Lexicon Pharmaceuticals, Inc. (a)(b) | 97,066 | 1,123,054 | |
Ligand Pharmaceuticals, Inc. Class B (a)(b) | 41,449 | 10,763,891 | |
Loxo Oncology, Inc. (a)(b) | 43,871 | 7,413,322 | |
Macrogenics, Inc. (a)(b) | 77,366 | 1,691,994 | |
Madrigal Pharmaceuticals, Inc. (a)(b) | 15,700 | 3,755,597 | |
MannKind Corp. (a)(b) | 225,599 | 248,159 | |
Matinas BioPharma Holdings, Inc. (b) | 91,988 | 42,314 | |
MediciNova, Inc. (a)(b) | 72,252 | 879,307 | |
MEI Pharma, Inc. (b) | 62,189 | 259,950 | |
Menlo Therapeutics, Inc. (b) | 14,423 | 110,769 | |
Merrimack Pharmaceuticals, Inc. (b) | 22,287 | 131,939 | |
MiMedx Group, Inc. (a)(b) | 199,106 | 1,055,262 | |
Minerva Neurosciences, Inc. (b) | 51,124 | 531,690 | |
Miragen Therapeutics, Inc. (b) | 39,491 | 245,239 | |
Mirati Therapeutics, Inc. (a)(b) | 60,609 | 3,427,439 | |
Molecular Templates, Inc. (b) | 11,026 | 63,510 | |
Moleculin Biotech, Inc. (a)(b) | 37,484 | 64,472 | |
Momenta Pharmaceuticals, Inc. (b) | 152,669 | 4,045,729 | |
Myriad Genetics, Inc. (b) | 137,462 | 6,844,233 | |
NanoViricides, Inc. (b) | 32,620 | 13,704 | |
NantKwest, Inc. (a)(b) | 76,001 | 257,643 | |
Natera, Inc. (b) | 66,582 | 1,840,326 | |
Navidea Biopharmaceuticals, Inc. (a)(b) | 148,549 | 26,130 | |
Neuralstem, Inc. (a)(b) | 8,195 | 9,998 | |
Neurocrine Biosciences, Inc. (b) | 173,976 | 21,390,349 | |
NewLink Genetics Corp. (b) | 41,496 | 128,638 | |
Novavax, Inc. (a)(b) | 677,219 | 1,056,462 | |
Ohr Pharmaceutical, Inc. (b) | 32,314 | 6,301 | |
OncoCyte Corp. (a)(b) | 3,324 | 8,476 | |
OncoGenex Pharmaceuticals, Inc. (b) | 96 | 289 | |
OncoMed Pharmaceuticals, Inc. (b) | 27,577 | 63,427 | |
OncoSec Medical, Inc. (a)(b) | 44,952 | 67,428 | |
Ophthotech Corp. (b) | 50,366 | 128,937 | |
Opko Health, Inc. (a)(b) | 712,532 | 4,218,189 | |
Oragenics, Inc. (b) | 998 | 429 | |
Organovo Holdings, Inc. (a)(b) | 337,362 | 435,197 | |
OvaScience, Inc. (b) | 60,110 | 46,525 | |
Palatin Technologies, Inc. (a)(b) | 331,257 | 334,570 | |
PDL BioPharma, Inc. (a)(b) | 309,517 | 749,031 | |
Pfenex, Inc. (b) | 46,697 | 246,560 | |
Polarityte, Inc. (a)(b) | 30,906 | 883,293 | |
Portola Pharmaceuticals, Inc. (a)(b) | 128,424 | 3,833,456 | |
Progenics Pharmaceuticals, Inc. (a)(b) | 161,932 | 1,267,928 | |
Protagonist Therapeutics, Inc. (b) | 52,263 | 503,293 | |
Proteon Therapeutics, Inc. (b) | 5,515 | 12,960 | |
Proteostasis Therapeutics, Inc. (a)(b) | 55,664 | 149,736 | |
Prothena Corp. PLC (a)(b) | 73,253 | 1,114,911 | |
PTC Therapeutics, Inc. (b) | 75,018 | 3,131,251 | |
Puma Biotechnology, Inc. (a)(b) | 65,071 | 2,859,870 | |
Ra Pharmaceuticals, Inc. (b) | 19,587 | 238,961 | |
Radius Health, Inc. (a)(b) | 76,029 | 1,563,917 | |
Recro Pharma, Inc. (b) | 20,797 | 132,685 | |
Regeneron Pharmaceuticals, Inc. (b) | 149,758 | 60,914,067 | |
REGENXBIO, Inc. (b) | 55,760 | 3,928,292 | |
Regulus Therapeutics, Inc. (a)(b) | 85,834 | 19,888 | |
Repligen Corp. (a)(b) | 69,352 | 3,806,038 | |
Retrophin, Inc. (b) | 82,684 | 2,620,256 | |
Rexahn Pharmaceuticals, Inc. (a)(b) | 42,298 | 72,753 | |
Rigel Pharmaceuticals, Inc. (b) | 307,310 | 1,047,927 | |
Riot Blockchain, Inc. (a) | 24,575 | 154,823 | |
Rocket Pharmaceuticals, Inc. (b) | 29,667 | 707,558 | |
Sage Therapeutics, Inc. (b) | 89,840 | 14,757,118 | |
Sangamo Therapeutics, Inc. (a)(b) | 201,742 | 3,681,792 | |
Sarepta Therapeutics, Inc. (a)(b) | 117,669 | 16,243,029 | |
Savara, Inc. (a)(b) | 55,437 | 651,939 | |
Seattle Genetics, Inc. (a)(b) | 204,324 | 15,683,910 | |
Selecta Biosciences, Inc. (a)(b) | 13,681 | 185,514 | |
Sellas Life Sciences Group, Inc. (b) | 425 | 459 | |
Seres Therapeutics, Inc. (a)(b) | 32,924 | 289,073 | |
Sesen Bio, Inc. (b) | 98,188 | 219,941 | |
Sienna Biopharmaceuticals, Inc. (a)(b) | 4,913 | 81,851 | |
Solid Biosciences, Inc. (b) | 19,788 | 844,354 | |
Sophiris Bio, Inc. (a)(b) | 57,410 | 184,286 | |
Sorrento Therapeutics, Inc. (a)(b) | 175,528 | 974,180 | |
Spark Therapeutics, Inc. (a)(b) | 61,662 | 3,798,996 | |
Spectrum Pharmaceuticals, Inc. (b) | 181,664 | 3,911,226 | |
Spring Bank Pharmaceuticals, Inc. (b) | 9,145 | 129,768 | |
Stemline Therapeutics, Inc. (b) | 50,071 | 856,214 | |
Sunesis Pharmaceuticals, Inc. (a)(b) | 29,991 | 65,380 | |
Surface Oncology, Inc. | 10,117 | 98,135 | |
Syndax Pharmaceuticals, Inc. (b) | 33,111 | 256,941 | |
Synergy Pharmaceuticals, Inc. (a)(b) | 423,445 | 825,718 | |
Synlogic, Inc. (b) | 24,107 | 255,052 | |
Synthetic Biologics, Inc. (a)(b) | 2,423 | 6,954 | |
Syros Pharmaceuticals, Inc. (b) | 33,143 | 407,327 | |
T2 Biosystems, Inc. (b) | 79,564 | 519,553 | |
Tapimmune, Inc. (a)(b) | 8,155 | 70,296 | |
Tenax Therapeutics, Inc. (b) | 69 | 371 | |
TESARO, Inc. (a)(b) | 70,613 | 2,291,392 | |
TG Therapeutics, Inc. (a)(b) | 115,447 | 1,466,177 | |
Tocagen, Inc. (a)(b) | 8,584 | 83,694 | |
TONIX Pharmaceuticals Holding (b) | 1,717 | 1,837 | |
TRACON Pharmaceuticals, Inc. (a)(b) | 4,111 | 8,633 | |
Trevena, Inc. (a)(b) | 130,021 | 234,038 | |
Trovagene, Inc. (a)(b) | 2,821 | 2,313 | |
Ultragenyx Pharmaceutical, Inc. (b) | 88,686 | 7,514,365 | |
United Therapeutics Corp. (b) | 85,357 | 10,498,057 | |
UNITY Biotechnology, Inc. (a) | 7,256 | 138,299 | |
Unum Therapeutics, Inc. (a) | 16,295 | 265,771 | |
Vanda Pharmaceuticals, Inc. (b) | 103,474 | 1,999,635 | |
Vaxart, Inc. (a)(b) | 4,190 | 12,780 | |
VBI Vaccines, Inc. (a)(b) | 25,788 | 52,608 | |
Veracyte, Inc. (b) | 50,030 | 632,379 | |
Verastem, Inc. (a)(b) | 140,678 | 1,401,153 | |
Vericel Corp. (b) | 84,118 | 1,026,240 | |
Versartis, Inc. (b) | 37,706 | 67,871 | |
Vertex Pharmaceuticals, Inc. (b) | 491,760 | 90,680,544 | |
Vical, Inc. (b) | 6,566 | 9,127 | |
Viking Therapeutics, Inc. (b) | 90,493 | 1,182,744 | |
VistaGen Therapeutics, Inc. (a)(b) | 22,368 | 32,881 | |
Vital Therapies, Inc. (a)(b) | 55,114 | 443,668 | |
Voyager Therapeutics, Inc. (a)(b) | 39,765 | 864,491 | |
Xbiotech, Inc. (a)(b) | 36,998 | 149,472 | |
Xencor, Inc. (b) | 95,182 | 3,977,656 | |
XOMA Corp. (a)(b) | 11,543 | 216,200 | |
Yield10 Bioscience, Inc. (b) | 693 | 1,109 | |
Zafgen, Inc. (b) | 54,609 | 519,878 | |
ZIOPHARM Oncology, Inc. (a)(b) | 222,939 | 650,982 | |
1,745,699,121 | |||
Health Care Equipment & Supplies - 3.1% | |||
Abbott Laboratories | 3,391,513 | 226,688,729 | |
Abiomed, Inc. (b) | 81,155 | 32,996,000 | |
Accuray, Inc. (a)(b) | 152,465 | 609,860 | |
Akers Biosciences, Inc. (a)(b) | 149,301 | 40,804 | |
Align Technology, Inc. (b) | 139,169 | 53,787,427 | |
Alliqua Biomedical, Inc. (a)(b) | 439 | 1,133 | |
Alphatec Holdings, Inc. (a)(b) | 3,066 | 10,762 | |
Amedica Corp. (a)(b) | 5,751 | 2,552 | |
Angiodynamics, Inc. (b) | 68,576 | 1,537,474 | |
Anika Therapeutics, Inc. (a)(b) | 30,719 | 1,271,459 | |
Antares Pharma, Inc. (a)(b) | 242,616 | 858,861 | |
Apollo Endosurgery, Inc. (b) | 102 | 766 | |
Atricure, Inc. (b) | 70,181 | 2,424,754 | |
Atrion Corp. | 3,083 | 2,019,519 | |
Avanos Medical, Inc. (b) | 92,971 | 6,703,209 | |
Avinger, Inc. (b) | 780 | 1,225 | |
AxoGen, Inc. (a)(b) | 68,956 | 3,023,721 | |
Baxter International, Inc. | 949,654 | 70,625,768 | |
Becton, Dickinson & Co. | 517,034 | 135,395,694 | |
Bellerophon Therapeutics, Inc. (a)(b) | 36,993 | 31,999 | |
BioLase Technology, Inc. (b) | 6,234 | 11,034 | |
BioLife Solutions, Inc. (b) | 16,867 | 404,133 | |
Boston Scientific Corp. (b) | 2,679,060 | 95,267,374 | |
Bovie Medical Corp. (b) | 10,849 | 57,934 | |
Cantel Medical Corp. | 67,194 | 6,517,818 | |
Cardiovascular Systems, Inc. (b) | 69,124 | 2,663,348 | |
CAS Medical Systems, Inc. (b) | 11,651 | 26,098 | |
Cerus Corp. (b) | 269,265 | 2,094,882 | |
Cesca Therapeutics, Inc. (b) | 793 | 342 | |
Chembio Diagnostics, Inc. (b) | 2,391 | 24,986 | |
ConforMis, Inc. (b) | 87,736 | 107,038 | |
CONMED Corp. | 50,457 | 4,058,257 | |
Corindus Vascular Robotics, Inc. (a)(b) | 178,714 | 194,798 | |
Cryolife, Inc. (b) | 65,208 | 2,262,718 | |
CryoPort, Inc. (a)(b) | 52,805 | 749,831 | |
Cutera, Inc. (b) | 27,491 | 934,694 | |
CytoSorbents Corp. (a)(b) | 50,106 | 734,053 | |
Danaher Corp. | 1,192,456 | 123,466,894 | |
Dare Bioscience, Inc. (b) | 17,253 | 18,978 | |
Dentsply Sirona, Inc. | 442,572 | 17,667,474 | |
DexCom, Inc. (a)(b) | 170,666 | 24,640,757 | |
Edwards Lifesciences Corp. (b) | 407,229 | 58,738,711 | |
Ekso Bionics Holdings, Inc. (a)(b) | 113,321 | 303,700 | |
Endologix, Inc. (b) | 150,152 | 345,350 | |
Fonar Corp. (b) | 8,356 | 218,927 | |
Genmark Diagnostics, Inc. (b) | 107,242 | 917,992 | |
Glaukos Corp. (a)(b) | 64,913 | 4,438,102 | |
Globus Medical, Inc. (b) | 145,197 | 7,734,644 | |
Haemonetics Corp. (b) | 99,749 | 11,135,978 | |
Helius Medical Technologies, Inc. (U.S.) (a)(b) | 20,935 | 209,769 | |
Heska Corp. (b) | 12,153 | 1,300,371 | |
Hill-Rom Holdings, Inc. | 131,230 | 12,764,742 | |
Hologic, Inc. (b) | 529,595 | 21,056,697 | |
ICU Medical, Inc. (b) | 29,075 | 8,896,950 | |
IDEXX Laboratories, Inc. (b) | 169,286 | 43,005,415 | |
Inogen, Inc. (b) | 33,875 | 8,973,826 | |
Inspire Medical Systems, Inc. | 18,247 | 1,003,403 | |
Insulet Corp. (b) | 113,854 | 11,871,557 | |
Integer Holdings Corp. (b) | 60,071 | 4,799,673 | |
Integra LifeSciences Holdings Corp. (b) | 136,377 | 8,110,340 | |
IntriCon Corp. (b) | 15,036 | 1,111,160 | |
Intuitive Surgical, Inc. (b) | 219,618 | 122,986,080 | |
Invacare Corp. (a) | 75,980 | 1,154,896 | |
InVivo Therapeutics Holdings Corp. (b) | 1,850 | 3,608 | |
Invuity, Inc. (a)(b) | 23,417 | 108,889 | |
IRadimed Corp. (a)(b) | 6,686 | 183,865 | |
iRhythm Technologies, Inc. (b) | 39,577 | 3,684,223 | |
Iridex Corp. (b) | 4,871 | 44,326 | |
K2M Group Holdings, Inc. (b) | 72,947 | 1,994,371 | |
Kewaunee Scientific Corp. | 1,376 | 43,963 | |
Lantheus Holdings, Inc. (b) | 59,416 | 956,598 | |
LeMaitre Vascular, Inc. | 28,069 | 1,052,868 | |
LivaNova PLC (b) | 84,812 | 10,648,147 | |
Masimo Corp. (b) | 90,391 | 10,656,195 | |
Medtronic PLC | 2,620,554 | 252,647,611 | |
Meridian Bioscience, Inc. | 73,595 | 1,155,442 | |
Merit Medical Systems, Inc. (b) | 108,656 | 6,394,406 | |
Microbot Medical, Inc. (b) | 7,285 | 4,225 | |
Misonix, Inc. (b) | 7,938 | 151,616 | |
Myomo, Inc. (a)(b) | 11,057 | 22,667 | |
Natus Medical, Inc. (b) | 64,682 | 2,412,639 | |
Neogen Corp. (b) | 98,996 | 9,250,186 | |
Nevro Corp. (b) | 56,879 | 3,834,782 | |
NuVasive, Inc. (b) | 100,454 | 7,050,866 | |
Nuvectra Corp. (b) | 21,954 | 512,406 | |
NxStage Medical, Inc. (b) | 140,636 | 3,985,624 | |
OraSure Technologies, Inc. (b) | 129,623 | 2,075,264 | |
Orthofix International NV (b) | 41,359 | 2,215,188 | |
OrthoPediatrics Corp. | 6,541 | 227,758 | |
Penumbra, Inc. (a)(b) | 57,262 | 7,950,829 | |
Precision Therapeutics, Inc. (a)(b) | 19,298 | 21,807 | |
Pulse Biosciences, Inc. (a)(b) | 10,423 | 149,674 | |
Quanterix Corp. (b) | 7,729 | 129,306 | |
Quidel Corp. (b) | 60,517 | 4,652,547 | |
ReShape Lifesciences, Inc. (a)(b) | 873 | 58 | |
ResMed, Inc. | 278,308 | 31,006,294 | |
Retractable Technologies, Inc. (b) | 5,248 | 3,790 | |
Rockwell Medical Technologies, Inc. (a)(b) | 83,284 | 408,924 | |
RTI Biologics, Inc. (b) | 100,701 | 450,637 | |
Seaspine Holdings Corp. (b) | 14,380 | 221,452 | |
Second Sight Medical Products, Inc. (a)(b) | 46,884 | 79,234 | |
Sientra, Inc. (b) | 39,907 | 1,002,464 | |
Staar Surgical Co. (b) | 55,622 | 2,653,169 | |
Steris PLC | 162,639 | 18,609,154 | |
STRATA Skin Sciences, Inc. (b) | 803 | 2,144 | |
Stryker Corp. | 623,601 | 105,656,717 | |
SurModics, Inc. (b) | 23,983 | 1,888,661 | |
Synergetics U.S.A., Inc. (b)(c) | 19,727 | 0 | |
Tactile Systems Technology, Inc. (a)(b) | 30,490 | 2,063,258 | |
Tandem Diabetes Care, Inc. (a)(b) | 108,658 | 4,964,584 | |
Teleflex, Inc. | 87,631 | 21,682,538 | |
The Cooper Companies, Inc. | 95,010 | 24,301,658 | |
TransEnterix, Inc. (a)(b) | 207,703 | 1,204,677 | |
Utah Medical Products, Inc. | 13,511 | 1,227,474 | |
Varex Imaging Corp. (a)(b) | 86,203 | 2,706,774 | |
Varian Medical Systems, Inc. (b) | 180,543 | 20,224,427 | |
Vermillion, Inc. (b) | 12,449 | 7,843 | |
ViewRay, Inc. (a)(b) | 117,177 | 1,181,144 | |
Viveve Medical, Inc. (a)(b) | 45,477 | 143,253 | |
West Pharmaceutical Services, Inc. | 145,035 | 16,976,347 | |
Wright Medical Group NV (a)(b) | 202,730 | 5,875,115 | |
Zimmer Biomet Holdings, Inc. | 393,672 | 48,669,669 | |
Zosano Pharma Corp. (a)(b) | 22,328 | 93,108 | |
1,798,539,903 | |||
Health Care Providers & Services - 3.0% | |||
AAC Holdings, Inc. (a)(b) | 16,668 | 147,678 | |
Acadia Healthcare Co., Inc. (a)(b) | 159,970 | 6,643,554 | |
Aceto Corp. | 47,837 | 158,819 | |
Addus HomeCare Corp. (b) | 24,045 | 1,560,521 | |
Aetna, Inc. | 631,624 | 126,495,338 | |
Amedisys, Inc. (b) | 57,080 | 7,135,571 | |
American Renal Associates Holdings, Inc. (a)(b) | 30,049 | 659,576 | |
AmerisourceBergen Corp. | 315,793 | 28,411,896 | |
AMN Healthcare Services, Inc. (a)(b) | 90,995 | 5,305,009 | |
Anthem, Inc. | 493,566 | 130,661,727 | |
BioScrip, Inc. (a)(b) | 230,699 | 669,027 | |
BioTelemetry, Inc. (b) | 60,094 | 3,713,809 | |
Brookdale Senior Living, Inc. (b) | 360,000 | 3,571,200 | |
Caladrius Biosciences, Inc. (b) | 9,530 | 50,223 | |
Capital Senior Living Corp. (b) | 53,746 | 476,727 | |
Cardinal Health, Inc. | 601,923 | 31,414,361 | |
Catasys, Inc. (b) | 3,161 | 28,702 | |
Centene Corp. (b) | 396,017 | 58,008,570 | |
Chemed Corp. | 30,507 | 9,870,235 | |
Cigna Corp. | 470,957 | 88,700,041 | |
Civitas Solutions, Inc. (b) | 27,734 | 443,744 | |
Community Health Systems, Inc. (a)(b) | 206,000 | 799,280 | |
Corvel Corp. (b) | 18,940 | 1,125,983 | |
Cross Country Healthcare, Inc. (b) | 66,434 | 665,004 | |
CVS Health Corp. | 1,967,521 | 148,036,280 | |
DaVita HealthCare Partners, Inc. (b) | 270,656 | 18,753,754 | |
Diplomat Pharmacy, Inc. (a)(b) | 93,066 | 1,922,744 | |
Envision Healthcare Corp. (b) | 230,716 | 10,465,278 | |
Express Scripts Holding Co. (b) | 1,087,608 | 95,731,256 | |
Five Star Sr Living, Inc. (b) | 70,113 | 69,412 | |
G1 Therapeutics, Inc. (a)(b) | 37,423 | 2,270,828 | |
Genesis HealthCare, Inc. Class A (a)(b) | 72,843 | 128,932 | |
HCA Holdings, Inc. | 541,945 | 72,680,244 | |
HealthEquity, Inc. (b) | 101,976 | 9,607,159 | |
HealthSouth Corp. | 191,103 | 15,592,094 | |
Henry Schein, Inc. (a)(b) | 296,896 | 23,062,881 | |
Humana, Inc. | 265,925 | 88,622,166 | |
Interpace Diagnostics Group, Inc. (b) | 136 | 200 | |
Laboratory Corp. of America Holdings (b) | 197,626 | 34,163,607 | |
LHC Group, Inc. (b) | 58,223 | 5,760,001 | |
LifePoint Hospitals, Inc. (b) | 73,087 | 4,706,803 | |
Magellan Health Services, Inc. (b) | 46,615 | 3,426,203 | |
McKesson Corp. | 390,138 | 50,230,268 | |
MEDNAX, Inc. (b) | 183,817 | 8,703,735 | |
Molina Healthcare, Inc. (a)(b) | 90,979 | 12,555,102 | |
National Healthcare Corp. | 20,690 | 1,594,578 | |
National Research Corp. Class A | 20,553 | 804,650 | |
National Vision Holdings, Inc. | 99,203 | 4,389,733 | |
OptiNose, Inc. | 38,007 | 565,164 | |
Owens & Minor, Inc. (a) | 118,083 | 2,005,049 | |
Patterson Companies, Inc. (a) | 169,627 | 3,825,089 | |
Premier, Inc. (a)(b) | 113,429 | 5,016,965 | |
Providence Service Corp. (b) | 20,443 | 1,372,543 | |
Psychemedics Corp. | 2,724 | 52,655 | |
Quest Diagnostics, Inc. | 264,008 | 29,035,600 | |
Quorum Health Corp. (a)(b) | 61,662 | 280,562 | |
R1 RCM, Inc. (b) | 178,635 | 1,780,991 | |
RadNet, Inc. (b) | 68,592 | 949,999 | |
Select Medical Holdings Corp. (b) | 210,659 | 4,171,048 | |
Sharps Compliance Corp. (b) | 12,687 | 44,785 | |
Surgery Partners, Inc. (a)(b) | 43,549 | 755,575 | |
Tenet Healthcare Corp. (a)(b) | 162,206 | 5,469,586 | |
The Ensign Group, Inc. | 96,070 | 3,753,455 | |
The Joint Corp. (b) | 4,485 | 38,436 | |
Tivity Health, Inc. (a)(b) | 70,816 | 2,436,070 | |
Triple-S Management Corp. (b) | 44,329 | 965,042 | |
U.S. Physical Therapy, Inc. | 24,843 | 3,111,586 | |
UnitedHealth Group, Inc. | 1,860,709 | 499,525,938 | |
Universal Health Services, Inc. Class B | 168,906 | 21,984,805 | |
Wellcare Health Plans, Inc. (b) | 96,042 | 29,059,428 | |
1,736,194,874 | |||
Health Care Technology - 0.2% | |||
Allscripts Healthcare Solutions, Inc. (b) | 329,763 | 4,817,837 | |
athenahealth, Inc. (b) | 77,995 | 12,003,431 | |
Castlight Health, Inc. Class B (a)(b) | 151,493 | 454,479 | |
Cerner Corp. (b) | 605,108 | 39,398,582 | |
Computer Programs & Systems, Inc. (a) | 21,937 | 598,880 | |
Evolent Health, Inc. (a)(b) | 132,217 | 3,371,534 | |
HealthStream, Inc. | 46,897 | 1,488,042 | |
HMS Holdings Corp. (b) | 165,285 | 5,297,384 | |
HTG Molecular Diagnostics (a)(b) | 63,917 | 286,987 | |
iCAD, Inc. (b) | 14,864 | 44,592 | |
Inovalon Holdings, Inc. Class A (a)(b) | 119,481 | 1,314,291 | |
Medidata Solutions, Inc. (a)(b) | 114,952 | 9,768,621 | |
NantHealth, Inc. (a)(b) | 56,729 | 125,938 | |
Omnicell, Inc. (b) | 73,082 | 5,024,388 | |
Quality Systems, Inc. (b) | 91,673 | 2,098,395 | |
Simulations Plus, Inc. | 16,033 | 334,288 | |
Tabula Rasa HealthCare, Inc. (a)(b) | 25,588 | 2,243,300 | |
Teladoc Health, Inc. (a)(b) | 132,579 | 10,281,501 | |
Valeritas Holdings, Inc. (a)(b) | 25,700 | 29,555 | |
Veeva Systems, Inc. Class A (b) | 229,272 | 23,926,826 | |
Vocera Communications, Inc. (b) | 55,152 | 1,828,840 | |
124,737,691 | |||
Life Sciences Tools & Services - 0.9% | |||
Accelerate Diagnostics, Inc. (a)(b) | 48,811 | 1,200,751 | |
Agilent Technologies, Inc. | 623,247 | 42,094,102 | |
Bio-Rad Laboratories, Inc. Class A (b) | 38,796 | 12,620,339 | |
Bio-Techne Corp. | 72,516 | 13,935,400 | |
Bruker Corp. | 204,025 | 7,259,210 | |
Cambrex Corp. (b) | 66,661 | 4,492,951 | |
Charles River Laboratories International, Inc. (b) | 93,768 | 11,581,286 | |
ChromaDex, Inc. (a)(b) | 56,591 | 256,357 | |
Codexis, Inc. (b) | 74,109 | 1,274,675 | |
Enzo Biochem, Inc. (b) | 66,443 | 304,973 | |
Fluidigm Corp. (a)(b) | 46,109 | 365,183 | |
Harvard Bioscience, Inc. (b) | 53,166 | 316,338 | |
Illumina, Inc. (b) | 284,128 | 100,817,138 | |
Luminex Corp. | 75,617 | 2,133,156 | |
Medpace Holdings, Inc. (b) | 50,255 | 3,004,746 | |
Mettler-Toledo International, Inc. (b) | 48,948 | 28,608,148 | |
Nanostring Technologies, Inc. (b) | 49,108 | 794,076 | |
NeoGenomics, Inc. (b) | 145,940 | 2,021,269 | |
Pacific Biosciences of California, Inc. (a)(b) | 198,134 | 988,689 | |
PerkinElmer, Inc. | 212,888 | 19,677,238 | |
PRA Health Sciences, Inc. (b) | 110,524 | 11,671,334 | |
Quintiles Transnational Holdings, Inc. (b) | 311,623 | 39,604,167 | |
Syneos Health, Inc. (b) | 116,220 | 5,793,567 | |
Thermo Fisher Scientific, Inc. | 778,338 | 186,100,616 | |
Waters Corp. (b) | 151,379 | 28,683,293 | |
525,599,002 | |||
Pharmaceuticals - 4.0% | |||
AcelRx Pharmaceuticals, Inc. (a)(b) | 65,025 | 201,578 | |
Acer Therapeutics, Inc. (b) | 9,342 | 299,691 | |
Aclaris Therapeutics, Inc. (a)(b) | 40,572 | 645,906 | |
Adamis Pharmaceuticals Corp. (a)(b) | 48,966 | 139,553 | |
Aerie Pharmaceuticals, Inc. (a)(b) | 78,816 | 4,835,362 | |
Agile Therapeutics, Inc. (b) | 87,068 | 25,511 | |
Akcea Therapeutics, Inc. (a)(b) | 34,733 | 917,299 | |
Akorn, Inc. (b) | 181,300 | 2,844,597 | |
Alimera Sciences, Inc. (a)(b) | 22,049 | 22,931 | |
Allergan PLC | 657,234 | 125,998,330 | |
Amneal Pharmaceuticals, Inc. (a)(b) | 143,636 | 3,317,992 | |
Amphastar Pharmaceuticals, Inc. (b) | 63,932 | 1,213,429 | |
Ampio Pharmaceuticals, Inc. (a)(b) | 168,674 | 106,096 | |
ANI Pharmaceuticals, Inc. (b) | 15,497 | 901,925 | |
ANI Pharmaceuticals, Inc. rights (b)(c) | 21,445 | 0 | |
Apricus Biosciences, Inc. (b) | 41,618 | 13,734 | |
Aradigm Corp. (a)(b) | 17,241 | 23,275 | |
Aratana Therapeutics, Inc. (b) | 80,168 | 424,890 | |
Assembly Biosciences, Inc. (b) | 37,235 | 1,489,400 | |
Assertio Therapeutics, Inc. (a)(b) | 137,271 | 875,789 | |
AstraZeneca PLC rights (b)(c) | 7,692 | 0 | |
Athenex, Inc. (b) | 67,984 | 1,116,977 | |
Axsome Therapeutics, Inc. (a)(b) | 21,511 | 74,213 | |
Bio Path Holdings, Inc. (a)(b) | 16,665 | 22,664 | |
Biodelivery Sciences International, Inc. (b) | 170,623 | 507,603 | |
BioPharmX Corp. (a)(b) | 64,864 | 10,138 | |
Bristol-Myers Squibb Co. | 3,166,410 | 191,726,126 | |
Catalent, Inc. (b) | 281,165 | 11,752,697 | |
Cerecor, Inc. (a)(b) | 17,078 | 82,487 | |
Chiasma, Inc. (b) | 8,745 | 20,551 | |
Clearside Biomedical, Inc. (b) | 59,205 | 403,186 | |
Collegium Pharmaceutical, Inc. (a)(b) | 37,819 | 646,705 | |
ContraVir Pharmaceuticals, Inc. (a)(b) | 18,614 | 13,774 | |
Corcept Therapeutics, Inc. (a)(b) | 180,660 | 2,713,513 | |
Corium International, Inc. (a)(b) | 42,043 | 410,340 | |
CorMedix, Inc. (a)(b) | 48,587 | 30,124 | |
Cumberland Pharmaceuticals, Inc. (b) | 7,158 | 42,304 | |
CymaBay Therapeutics, Inc. (a)(b) | 115,491 | 1,574,142 | |
Dermira, Inc. (a)(b) | 70,654 | 672,626 | |
Dova Pharmaceuticals, Inc. (a)(b) | 24,096 | 613,243 | |
Durect Corp. (b) | 291,543 | 381,921 | |
Egalet Corp. (a)(b) | 12,340 | 4,751 | |
Eli Lilly & Co. | 1,852,484 | 195,714,935 | |
Eloxx Pharmaceuticals, Inc. (a)(b) | 47,990 | 879,177 | |
Endo International PLC (b) | 391,608 | 6,716,077 | |
Endocyte, Inc. (b) | 117,449 | 2,316,094 | |
Evofem Biosciences, Inc. (b) | 1,682 | 6,829 | |
Evolus, Inc. (b) | 20,100 | 514,359 | |
Eyepoint Pharmaceuticals, Inc. (a)(b) | 68,488 | 149,989 | |
Flex Pharma, Inc. (a)(b) | 10,224 | 5,061 | |
Gemphire Therapeutics, Inc. (a)(b) | 13,477 | 18,868 | |
Horizon Pharma PLC (b) | 317,826 | 6,718,842 | |
Imprimis Pharmaceuticals, Inc. (a)(b) | 10,757 | 32,701 | |
InflaRx NV (b) | 8,911 | 299,410 | |
Innoviva, Inc. (a)(b) | 134,795 | 1,957,223 | |
Intersect ENT, Inc. (b) | 61,422 | 1,799,665 | |
Intra-Cellular Therapies, Inc. (b) | 90,774 | 1,991,582 | |
Jazz Pharmaceuticals PLC (b) | 117,285 | 20,046,352 | |
Johnson & Johnson | 5,193,970 | 699,575,819 | |
Kala Pharmaceuticals, Inc. (b) | 12,699 | 171,563 | |
KemPharm, Inc. (a)(b) | 9,786 | 50,887 | |
Lannett Co., Inc. (a)(b) | 55,565 | 297,273 | |
Lipocine, Inc. (a)(b) | 20,645 | 30,761 | |
Mallinckrodt PLC (a)(b) | 161,170 | 5,553,918 | |
Marinus Pharmaceuticals, Inc. (a)(b) | 44,865 | 320,336 | |
Melinta Therapeutics, Inc. (b) | 86,180 | 402,892 | |
Merck & Co., Inc. | 5,212,503 | 357,525,581 | |
Mersana Therapeutics, Inc. (a)(b) | 8,641 | 120,542 | |
Mustang Bio, Inc. (a)(b) | 46,728 | 323,358 | |
Mylan NV (b) | 1,004,926 | 39,322,754 | |
MyoKardia, Inc. (b) | 65,691 | 4,049,850 | |
Nektar Therapeutics (a)(b) | 312,604 | 20,785,040 | |
Neos Therapeutics, Inc. (b) | 42,039 | 241,724 | |
Novan, Inc. (b) | 7,147 | 20,583 | |
Novus Therapeutics, Inc. (b) | 4,578 | 21,746 | |
Ocular Therapeutix, Inc. (b) | 54,730 | 369,428 | |
Odonate Therapeutics, Inc. (a)(b) | 11,840 | 227,210 | |
Omeros Corp. (a)(b) | 96,420 | 2,495,350 | |
Onconova Therapeutics, Inc. (b) | 624 | 268 | |
Otonomy, Inc. (b) | 38,289 | 114,867 | |
Pacira Pharmaceuticals, Inc. (b) | 77,357 | 3,647,383 | |
Pain Therapeutics, Inc. (a)(b) | 4,934 | 5,033 | |
Paratek Pharmaceuticals, Inc. (a)(b) | 50,371 | 516,303 | |
Pernix Therapeutics Holdings, Inc. (a)(b) | 4,109 | 4,438 | |
Perrigo Co. PLC | 254,814 | 19,495,819 | |
Pfizer, Inc. | 11,312,751 | 469,705,422 | |
Phibro Animal Health Corp. Class A | 42,271 | 1,995,191 | |
Plx Pharma PLC/New (b) | 290 | 957 | |
Prestige Brands Holdings, Inc. (a)(b) | 103,367 | 3,979,630 | |
Reata Pharmaceuticals, Inc. (b) | 30,461 | 2,630,612 | |
resTORbio, Inc. (a)(b) | 5,960 | 70,507 | |
Revance Therapeutics, Inc. (b) | 53,023 | 1,452,830 | |
Rhythm Pharmaceuticals, Inc. | 38,788 | 1,221,822 | |
scPharmaceuticals, Inc. (a)(b) | 5,674 | 29,051 | |
SCYNEXIS, Inc. (b) | 57,121 | 77,113 | |
SIGA Technologies, Inc. (b) | 136,087 | 1,119,996 | |
Spero Therapeutics, Inc. (a)(b) | 17,885 | 204,068 | |
Supernus Pharmaceuticals, Inc. (b) | 101,178 | 4,482,185 | |
Teligent, Inc. (a)(b) | 140,525 | 567,721 | |
Tetraphase Pharmaceuticals, Inc. (b) | 88,378 | 312,858 | |
The Medicines Company (a)(b) | 125,813 | 4,983,453 | |
TherapeuticsMD, Inc. (a)(b) | 357,620 | 2,317,378 | |
Theravance Biopharma, Inc. (a)(b) | 78,547 | 2,275,507 | |
Titan Pharmaceuticals, Inc. (a)(b) | 11,285 | 8,294 | |
VIVUS, Inc. (a)(b) | 157,068 | 88,272 | |
WAVE Life Sciences (b) | 28,404 | 1,513,933 | |
Zoetis, Inc. Class A | 935,759 | 84,779,765 | |
Zogenix, Inc. (a)(b) | 80,163 | 3,871,873 | |
Zynerba Pharmaceuticals, Inc. (b) | 23,422 | 188,079 | |
2,339,851,780 | |||
TOTAL HEALTH CARE | 8,270,622,371 | ||
INDUSTRIALS - 10.3% | |||
Aerospace & Defense - 2.4% | |||
AAR Corp. | 61,245 | 2,858,304 | |
Aerojet Rocketdyne Holdings, Inc. (a)(b) | 144,557 | 5,075,396 | |
AeroVironment, Inc. (a)(b) | 42,201 | 3,712,000 | |
Arconic, Inc. | 831,375 | 18,606,173 | |
Arotech Corp. (b) | 32,173 | 107,780 | |
Astronics Corp. (b) | 43,941 | 1,911,873 | |
Astrotech Corp. (b) | 1,741 | 5,972 | |
Axon Enterprise, Inc. (b) | 110,441 | 7,538,703 | |
BWX Technologies, Inc. | 198,337 | 12,162,025 | |
CPI Aerostructures, Inc. (b) | 5,980 | 49,933 | |
Cubic Corp. | 52,237 | 3,954,341 | |
Curtiss-Wright Corp. | 85,994 | 11,518,896 | |
Ducommun, Inc. (b) | 17,547 | 713,987 | |
Engility Holdings, Inc. (b) | 33,913 | 1,177,120 | |
Esterline Technologies Corp. (b) | 49,383 | 4,244,469 | |
General Dynamics Corp. | 534,817 | 103,433,608 | |
Harris Corp. | 230,443 | 37,449,292 | |
HEICO Corp. | 112,063 | 10,161,873 | |
HEICO Corp. Class A | 99,272 | 7,395,764 | |
Hexcel Corp. | 172,525 | 11,407,353 | |
Huntington Ingalls Industries, Inc. | 85,477 | 20,896,562 | |
Innovative Solutions & Support, Inc. (b) | 21,878 | 57,977 | |
KEYW Holding Corp. (a)(b) | 83,554 | 711,045 | |
KLX, Inc. (b) | 99,257 | 7,329,137 | |
Kratos Defense & Security Solutions, Inc. (a)(b) | 188,108 | 2,513,123 | |
L3 Technologies, Inc. | 150,372 | 32,137,504 | |
Lockheed Martin Corp. | 480,522 | 153,964,054 | |
Mercury Systems, Inc. (b) | 94,994 | 5,178,123 | |
Micronet Enertec Technologies, Inc. (b) | 3,018 | 3,803 | |
Moog, Inc. Class A | 63,191 | 4,986,402 | |
National Presto Industries, Inc. (a) | 9,348 | 1,239,545 | |
Northrop Grumman Corp. | 337,543 | 100,753,210 | |
Raytheon Co. | 555,761 | 110,840,974 | |
Rockwell Collins, Inc.�� | 315,740 | 42,924,853 | |
SIFCO Industries, Inc. (b) | 891 | 4,678 | |
Sparton Corp. (b) | 13,384 | 170,914 | |
Spirit AeroSystems Holdings, Inc. Class A | 218,638 | 18,693,549 | |
Teledyne Technologies, Inc. (b) | 71,647 | 16,998,967 | |
Textron, Inc. | 501,644 | 34,628,485 | |
The Boeing Co. | 1,059,025 | 363,023,180 | |
TransDigm Group, Inc. (a) | 93,780 | 32,823,000 | |
Triumph Group, Inc. | 96,901 | 2,015,541 | |
United Technologies Corp. | 1,436,142 | 189,139,901 | |
Vectrus, Inc. (b) | 21,828 | 716,395 | |
Wesco Aircraft Holdings, Inc. (b) | 115,814 | 1,407,140 | |
1,386,642,924 | |||
Air Freight & Logistics - 0.6% | |||
Air Transport Services Group, Inc. (b) | 93,235 | 1,897,332 | |
Atlas Air Worldwide Holdings, Inc. (b) | 53,392 | 3,251,573 | |
C.H. Robinson Worldwide, Inc. | 268,656 | 25,812,468 | |
Echo Global Logistics, Inc. (b) | 48,848 | 1,621,754 | |
Expeditors International of Washington, Inc. | 336,984 | 24,694,188 | |
FedEx Corp. | 473,704 | 115,560,091 | |
Forward Air Corp. | 54,775 | 3,519,842 | |
Hub Group, Inc. Class A (b) | 68,591 | 3,625,034 | |
Radiant Logistics, Inc. (b) | 54,959 | 239,072 | |
United Parcel Service, Inc. Class B | 1,334,412 | 163,972,547 | |
XPO Logistics, Inc. (b) | 203,064 | 21,626,316 | |
365,820,217 | |||
Airlines - 0.4% | |||
Alaska Air Group, Inc. | 239,265 | 16,147,995 | |
Allegiant Travel Co. | 26,478 | 3,607,628 | |
American Airlines Group, Inc. (a) | 803,180 | 32,512,726 | |
Delta Air Lines, Inc. | 1,245,372 | 72,829,355 | |
Hawaiian Holdings, Inc. | 101,162 | 4,198,223 | |
JetBlue Airways Corp. (b) | 604,815 | 11,539,870 | |
SkyWest, Inc. | 103,271 | 6,743,596 | |
Southwest Airlines Co. | 1,029,855 | 63,130,112 | |
Spirit Airlines, Inc. (a)(b) | 136,282 | 6,476,121 | |
United Continental Holdings, Inc. (b) | 453,940 | 39,683,435 | |
256,869,061 | |||
Building Products - 0.4% | |||
A.O. Smith Corp. | 280,791 | 16,308,341 | |
AAON, Inc. (a) | 75,766 | 3,060,946 | |
Advanced Drain Systems, Inc. Del | 80,409 | 2,520,822 | |
Allegion PLC | 182,670 | 15,932,477 | |
American Woodmark Corp. (b) | 25,723 | 2,185,169 | |
Apogee Enterprises, Inc. | 57,956 | 2,852,594 | |
Armstrong World Industries, Inc. (b) | 101,993 | 7,119,111 | |
Builders FirstSource, Inc. (b) | 211,226 | 3,299,350 | |
Continental Building Products, Inc. (b) | 69,835 | 2,604,846 | |
COVIA Corp. (a)(b) | 69,245 | 784,546 | |
CSW Industrials, Inc. (b) | 30,039 | 1,682,184 | |
Fortune Brands Home & Security, Inc. | 275,918 | 14,618,136 | |
GCP Applied Technologies, Inc. (b) | 158,460 | 3,993,192 | |
Gibraltar Industries, Inc. (b) | 65,294 | 2,964,348 | |
GMS, Inc. (b) | 62,105 | 1,543,309 | |
Griffon Corp. | 59,127 | 1,079,068 | |
Insteel Industries, Inc. | 37,939 | 1,454,961 | |
Jeld-Wen Holding, Inc. (b) | 148,484 | 3,611,131 | |
Johnson Controls International PLC (a) | 1,789,406 | 67,585,865 | |
Lennox International, Inc. | 72,228 | 16,093,121 | |
Masco Corp. | 597,451 | 22,685,214 | |
Masonite International Corp. (b) | 57,874 | 3,874,664 | |
NCI Building Systems, Inc. (b) | 83,177 | 1,405,691 | |
Owens Corning | 214,220 | 12,129,136 | |
Patrick Industries, Inc. (b) | 43,398 | 2,777,472 | |
PGT, Inc. (b) | 102,511 | 2,491,017 | |
Quanex Building Products Corp. | 68,283 | 1,119,841 | |
Simpson Manufacturing Co. Ltd. | 82,104 | 6,303,124 | |
Tecogen, Inc. New (b) | 2,274 | 7,027 | |
Trex Co., Inc. (b) | 113,536 | 9,616,499 | |
Universal Forest Products, Inc. | 122,245 | 4,579,298 | |
USG Corp. (b) | 164,740 | 7,100,294 | |
245,382,794 | |||
Commercial Services & Supplies - 0.6% | |||
ABM Industries, Inc. | 140,028 | 4,441,688 | |
ACCO Brands Corp. | 198,147 | 2,457,023 | |
ADS Waste Holdings, Inc. (b) | 88,843 | 2,370,331 | |
Aqua Metals, Inc. (a)(b) | 55,073 | 133,827 | |
ARC Document Solutions, Inc. (b) | 67,501 | 217,353 | |
Brady Corp. Class A | 100,860 | 4,079,787 | |
Casella Waste Systems, Inc. Class A (b) | 75,879 | 2,153,446 | |
CECO Environmental Corp. | 48,389 | 408,403 | |
Cintas Corp. | 166,096 | 35,439,904 | |
Clean Harbors, Inc. (b) | 97,820 | 6,709,474 | |
Copart, Inc. (b) | 391,866 | 25,200,902 | |
Covanta Holding Corp. | 268,834 | 4,744,920 | |
Deluxe Corp. | 99,293 | 5,880,131 | |
Document Security Systems, Inc. (b) | 4,956 | 6,096 | |
Ennis, Inc. | 45,103 | 983,245 | |
Essendant, Inc. | 81,308 | 1,173,274 | |
Evoqua Water Technologies Corp. (a)(b) | 129,946 | 2,518,353 | |
Fuel Tech, Inc. (b) | 51,934 | 61,282 | |
Healthcare Services Group, Inc. | 146,219 | 6,025,685 | |
Heritage-Crystal Clean, Inc. (b) | 24,833 | 578,609 | |
Herman Miller, Inc. | 110,582 | 4,235,291 | |
HNI Corp. | 80,621 | 3,555,386 | |
Hudson Technologies, Inc. (a)(b) | 56,393 | 105,455 | |
Industrial Services of America, Inc. (b) | 1,620 | 3,750 | |
Interface, Inc. | 108,800 | 2,562,240 | |
Intersections, Inc. (a)(b) | 12,865 | 22,256 | |
KAR Auction Services, Inc. | 260,140 | 16,308,177 | |
Kimball International, Inc. Class B | 67,655 | 1,181,933 | |
Knoll, Inc. | 98,653 | 2,322,292 | |
LSC Communications, Inc. | 75,405 | 922,203 | |
Matthews International Corp. Class A | 64,028 | 3,323,053 | |
McGrath RentCorp. | 45,864 | 2,660,112 | |
Mobile Mini, Inc. | 87,122 | 3,737,534 | |
Msa Safety, Inc. | 64,315 | 6,501,603 | |
Multi-Color Corp. | 29,677 | 1,832,555 | |
NL Industries, Inc. (b) | 9,391 | 74,189 | |
Odyssey Marine Exploration, Inc. (a)(b) | 19,370 | 180,528 | |
Performant Financial Corp. (b) | 31,038 | 75,112 | |
Perma-Fix Environmental Services, Inc. (b) | 6,937 | 32,951 | |
PICO Holdings, Inc. | 40,505 | 484,035 | |
Pitney Bowes, Inc. | 355,612 | 2,581,743 | |
Quad/Graphics, Inc. | 60,578 | 1,379,361 | |
Quest Resource Holding Corp. (b) | 2,977 | 6,401 | |
R.R. Donnelley & Sons Co. | 149,303 | 755,473 | |
Republic Services, Inc. | 436,427 | 32,016,285 | |
Rollins, Inc. | 202,826 | 12,185,786 | |
SP Plus Corp. (b) | 41,799 | 1,625,981 | |
Steelcase, Inc. Class A | 174,208 | 2,543,437 | |
Stericycle, Inc. (b) | 167,390 | 10,326,289 | |
Team, Inc. (a)(b) | 59,115 | 1,377,380 | |
Tetra Tech, Inc. | 110,597 | 7,719,671 | |
The Brink's Co. | 99,071 | 7,440,232 | |
U.S. Ecology, Inc. | 42,920 | 3,122,430 | |
UniFirst Corp. | 31,673 | 5,865,840 | |
Viad Corp. | 42,117 | 2,594,407 | |
Virco Manufacturing Co. | 2,682 | 13,276 | |
VSE Corp. | 14,696 | 566,972 | |
Waste Management, Inc. | 769,545 | 69,951,641 | |
317,776,993 | |||
Construction & Engineering - 0.2% | |||
AECOM (b) | 308,868 | 10,390,320 | |
Aegion Corp. (b) | 60,444 | 1,508,682 | |
Ameresco, Inc. Class A (b) | 38,199 | 548,156 | |
Argan, Inc. | 31,781 | 1,264,884 | |
Comfort Systems U.S.A., Inc. | 69,706 | 4,001,124 | |
Construction Partners, Inc. Class A | 10,594 | 128,717 | |
Dycom Industries, Inc. (a)(b) | 59,430 | 4,986,771 | |
EMCOR Group, Inc. | 114,642 | 9,182,824 | |
Fluor Corp. | 271,131 | 15,565,631 | |
Goldfield Corp. | 41,171 | 195,562 | |
Granite Construction, Inc. | 87,105 | 3,978,956 | |
Great Lakes Dredge & Dock Corp. (b) | 84,939 | 465,041 | |
HC2 Holdings, Inc. (b) | 59,402 | 372,451 | |
Ies Holdings, Inc. (b) | 16,326 | 312,643 | |
Jacobs Engineering Group, Inc. | 231,718 | 16,843,581 | |
KBR, Inc. | 285,164 | 5,982,741 | |
Keane Group, Inc. (b) | 93,529 | 1,148,536 | |
MasTec, Inc. (a)(b) | 122,920 | 5,383,896 | |
MYR Group, Inc. (b) | 33,116 | 1,151,443 | |
Northwest Pipe Co. (b) | 13,547 | 244,659 | |
NV5 Holdings, Inc. (b) | 21,059 | 1,862,669 | |
Orion Group Holdings, Inc. (b) | 40,114 | 345,783 | |
Primoris Services Corp. | 85,135 | 2,133,483 | |
Quanta Services, Inc. (b) | 285,747 | 9,883,989 | |
Sterling Construction Co., Inc. (b) | 41,743 | 607,361 | |
Tutor Perini Corp. (a)(b) | 72,569 | 1,476,779 | |
Valmont Industries, Inc. | 47,070 | 6,608,628 | |
Williams Scotsman Corp. (a)(b) | 94,877 | 1,655,604 | |
108,230,914 | |||
Electrical Equipment - 0.7% | |||
Acuity Brands, Inc. | 78,436 | 11,988,158 | |
Allied Motion Technologies, Inc. | 12,157 | 593,748 | |
American Superconductor Corp. (a)(b) | 28,086 | 171,325 | |
AMETEK, Inc. | 449,417 | 34,587,132 | |
AZZ, Inc. | 51,737 | 2,780,864 | |
Babcock & Wilcox Enterprises, Inc. (a)(b) | 351,396 | 491,954 | |
Broadwind Energy, Inc. (b) | 15,938 | 34,745 | |
Capstone Turbine Corp. (a)(b) | 116,532 | 130,516 | |
Eaton Corp. PLC | 843,603 | 70,137,153 | |
Emerson Electric Co. | 1,217,413 | 93,412,099 | |
Encore Wire Corp. | 41,219 | 2,071,255 | |
Energous Corp. (a)(b) | 37,680 | 483,058 | |
Energy Focus, Inc. (a)(b) | 8,003 | 17,206 | |
EnerSys | 85,554 | 7,100,126 | |
Enphase Energy, Inc. (a)(b) | 145,162 | 709,842 | |
EnSync, Inc. (b) | 32,445 | 11,356 | |
Espey Manufacturing & Electronics Corp. | 2,015 | 53,901 | |
Fortive Corp. | 590,464 | 49,587,167 | |
FuelCell Energy, Inc. (a)(b) | 124,980 | 146,227 | |
Generac Holdings, Inc. (b) | 118,381 | 6,568,962 | |
GrafTech International Ltd. | 92,608 | 1,711,396 | |
Hubbell, Inc. Class B | 106,910 | 13,509,148 | |
Ideal Power, Inc. (a)(b) | 38,104 | 25,160 | |
LSI Industries, Inc. | 41,234 | 213,180 | |
Ocean Power Technologies, Inc. (a)(b) | 1,104 | 818 | |
Orion Energy Systems, Inc. (b) | 20,733 | 19,738 | |
Plug Power, Inc. (a)(b) | 485,070 | 955,588 | |
Powell Industries, Inc. | 13,455 | 526,763 | |
Preformed Line Products Co. | 3,783 | 309,071 | |
Regal Beloit Corp. | 88,822 | 7,434,401 | |
Revolution Lighting Technologies, Inc. (a)(b) | 12,794 | 34,672 | |
Rockwell Automation, Inc. | 240,440 | 43,510,022 | |
Sensata Technologies, Inc. PLC (a)(b) | 332,749 | 17,619,060 | |
Sunrun, Inc. (a)(b) | 135,686 | 1,780,200 | |
Sunworks, Inc. (a)(b) | 12,722 | 8,759 | |
Thermon Group Holdings, Inc. (b) | 61,565 | 1,649,942 | |
TPI Composites, Inc. (b) | 29,824 | 835,967 | |
Ultralife Corp. (b) | 13,410 | 115,997 | |
Vicor Corp. (b) | 36,584 | 2,284,671 | |
Vivint Solar, Inc. (b) | 47,226 | 247,937 | |
373,869,284 | |||
Industrial Conglomerates - 1.3% | |||
3M Co. | 1,148,186 | 242,175,391 | |
Carlisle Companies, Inc. | 118,678 | 15,049,557 | |
General Electric Co. | 16,832,865 | 217,817,273 | |
Honeywell International, Inc. | 1,442,899 | 229,507,515 | |
ITT, Inc. | 172,118 | 10,173,895 | |
Raven Industries, Inc. | 69,340 | 3,356,056 | |
Roper Technologies, Inc. | 199,894 | 59,642,373 | |
777,722,060 | |||
Machinery - 1.8% | |||
Actuant Corp. Class A | 125,422 | 3,693,678 | |
AGCO Corp. | 131,250 | 7,830,375 | |
Alamo Group, Inc. | 17,898 | 1,705,679 | |
Albany International Corp. Class A | 62,689 | 4,836,456 | |
Allison Transmission Holdings, Inc. | 248,055 | 12,318,411 | |
Altra Industrial Motion Corp. (a) | 59,112 | 2,308,324 | |
American Railcar Industries, Inc. | 11,797 | 540,539 | |
Apergy Corp. (a)(b) | 151,299 | 6,841,741 | |
ARC Group Worldwide, Inc. (b) | 1,450 | 2,755 | |
Astec Industries, Inc. | 38,170 | 1,856,971 | |
Barnes Group, Inc. | 99,892 | 6,798,650 | |
Blue Bird Corp. (a)(b) | 19,796 | 454,318 | |
Briggs & Stratton Corp. | 97,049 | 1,956,508 | |
Cactus, Inc. (b) | 76,604 | 2,618,325 | |
Caterpillar, Inc. | 1,154,351 | 160,281,636 | |
Chart Industries, Inc. (a)(b) | 59,494 | 4,494,772 | |
CIRCOR International, Inc. | 43,898 | 1,991,213 | |
Colfax Corp. (b) | 200,004 | 6,984,140 | |
Columbus McKinnon Corp. (NY Shares) | 35,569 | 1,512,750 | |
Commercial Vehicle Group, Inc. (b) | 77,079 | 752,291 | |
Crane Co. | 102,153 | 9,324,526 | |
Cummins, Inc. | 297,973 | 42,252,571 | |
Deere & Co. | 626,898 | 90,147,932 | |
Dmc Global, Inc. | 26,383 | 1,035,533 | |
Donaldson Co., Inc. | 259,438 | 13,127,563 | |
Douglas Dynamics, Inc. | 45,549 | 2,086,144 | |
Dover Corp. | 297,645 | 25,558,776 | |
Eastern Co. | 5,588 | 164,846 | |
Energy Recovery, Inc. (a)(b) | 61,650 | 597,389 | |
EnPro Industries, Inc. | 39,127 | 2,937,264 | |
ESCO Technologies, Inc. | 51,155 | 3,460,636 | |
ExOne Co. (a)(b) | 13,829 | 122,110 | |
Federal Signal Corp. | 119,603 | 3,113,266 | |
Flowserve Corp. | 256,637 | 13,375,920 | |
Franklin Electric Co., Inc. | 78,635 | 3,845,252 | |
FreightCar America, Inc. | 19,411 | 328,240 | |
Gardner Denver Holdings, Inc. (b) | 133,892 | 3,743,620 | |
Gates Industrial Corp. PLC (b) | 113,859 | 2,075,650 | |
Gencor Industries, Inc. (b) | 2,773 | 35,772 | |
Global Brass & Copper Holdings, Inc. | 40,805 | 1,573,033 | |
Gorman-Rupp Co. | 39,337 | 1,442,094 | |
Graco, Inc. | 320,025 | 15,044,375 | |
Graham Corp. | 13,997 | 389,257 | |
Greenbrier Companies, Inc. (a) | 53,689 | 3,113,962 | |
Harsco Corp. (b) | 164,375 | 4,643,594 | |
Hillenbrand, Inc. | 122,624 | 6,272,218 | |
Hurco Companies, Inc. | 7,331 | 314,500 | |
Hyster-Yale Materials Handling Class A | 17,565 | 1,083,761 | |
IDEX Corp. | 156,102 | 23,916,387 | |
Illinois Tool Works, Inc. | 588,618 | 81,747,268 | |
Ingersoll-Rand PLC | 478,155 | 48,432,320 | |
Jason Industries, Inc. (b) | 13,118 | 36,337 | |
John Bean Technologies Corp. | 63,649 | 7,529,677 | |
Kadant, Inc. | 21,551 | 2,177,729 | |
Kennametal, Inc. | 154,088 | 6,292,954 | |
L.B. Foster Co. Class A (b) | 14,781 | 336,268 | |
Lincoln Electric Holdings, Inc. | 119,307 | 11,233,947 | |
Lindsay Corp. | 21,677 | 2,076,006 | |
LiqTech International, Inc. (b) | 29,487 | 37,448 | |
Lydall, Inc. (b) | 35,107 | 1,502,580 | |
Manitex International, Inc. (b) | 22,611 | 239,224 | |
Manitowoc Co., Inc. (b) | 77,458 | 1,796,251 | |
Meritor, Inc. (b) | 165,960 | 3,594,694 | |
Middleby Corp. (a)(b) | 106,607 | 12,957,015 | |
Milacron Holdings Corp. (b) | 108,228 | 2,294,434 | |
Miller Industries, Inc. | 17,053 | 491,126 | |
Mueller Industries, Inc. | 105,921 | 3,386,294 | |
Mueller Water Products, Inc. Class A | 293,253 | 3,392,937 | |
Navistar International Corp. New (b) | 135,078 | 5,885,348 | |
NN, Inc. | 52,533 | 1,050,660 | |
Nordson Corp. | 100,267 | 13,939,118 | |
Omega Flex, Inc. | 9,376 | 832,120 | |
Oshkosh Corp. | 140,191 | 9,849,820 | |
PACCAR, Inc. | 679,547 | 46,494,606 | |
Park-Ohio Holdings Corp. | 14,422 | 597,792 | |
Parker Hannifin Corp. | 253,685 | 44,547,086 | |
Pentair PLC (a) | 305,732 | 13,293,227 | |
ProPetro Holding Corp. (a)(b) | 135,286 | 2,059,053 | |
Proto Labs, Inc. (b) | 50,933 | 7,917,535 | |
RBC Bearings, Inc. (b) | 45,770 | 6,856,804 | |
Rexnord Corp. (b) | 212,340 | 6,164,230 | |
Snap-On, Inc. | 109,115 | 19,289,350 | |
Spartan Motors, Inc. | 58,691 | 848,085 | |
SPX Corp. (b) | 82,686 | 2,810,497 | |
SPX Flow, Inc. (b) | 81,195 | 3,892,488 | |
Standex International Corp. | 25,325 | 2,732,568 | |
Stanley Black & Decker, Inc. | 297,054 | 41,744,999 | |
Sun Hydraulics Corp. | 54,328 | 2,734,872 | |
Tennant Co. | 37,244 | 2,851,028 | |
Terex Corp. | 134,325 | 5,205,094 | |
The L.S. Starrett Co. Class A | 4,836 | 30,950 | |
Timken Co. | 132,173 | 6,430,216 | |
Titan International, Inc. | 99,148 | 741,627 | |
Toro Co. | 202,538 | 12,312,285 | |
TriMas Corp. (b) | 87,891 | 2,698,254 | |
Trinity Industries, Inc. | 282,304 | 10,117,775 | |
Twin Disc, Inc. (b) | 12,776 | 326,427 | |
Wabash National Corp. | 128,198 | 2,338,332 | |
WABCO Holdings, Inc. (b) | 97,717 | 12,027,008 | |
Wabtec Corp. (a) | 164,993 | 17,872,042 | |
Watts Water Technologies, Inc. Class A | 51,551 | 4,250,380 | |
Woodward, Inc. | 106,719 | 8,597,283 | |
Xerium Technologies, Inc. (b) | 24,055 | 323,299 | |
Xylem, Inc. | 346,859 | 26,330,067 | |
1,040,452,557 | |||
Marine - 0.0% | |||
Genco Shipping & Trading Ltd. (b) | 30,037 | 412,408 | |
Kirby Corp. (b) | 104,255 | 9,101,462 | |
Matson, Inc. | 77,859 | 2,908,812 | |
12,422,682 | |||
Professional Services - 0.5% | |||
Acacia Research Corp. (b) | 85,808 | 334,651 | |
Asgn, Inc. (b) | 102,509 | 9,491,308 | |
Barrett Business Services, Inc. | 14,280 | 1,071,428 | |
BG Staffing, Inc. | 15,034 | 366,228 | |
CBIZ, Inc. (b) | 102,613 | 2,452,451 | |
CoStar Group, Inc. (b) | 70,825 | 31,315,982 | |
CRA International, Inc. | 15,589 | 891,067 | |
Dun & Bradstreet Corp. | 69,069 | 9,871,341 | |
Equifax, Inc. | 231,868 | 31,063,356 | |
Exponent, Inc. | 105,908 | 5,544,284 | |
Forrester Research, Inc. | 19,263 | 947,740 | |
Franklin Covey Co. (b) | 21,149 | 541,414 | |
FTI Consulting, Inc. (b) | 72,107 | 5,495,996 | |
GP Strategies Corp. (b) | 24,233 | 461,639 | |
Heidrick & Struggles International, Inc. | 35,167 | 1,554,381 | |
Hudson Global, Inc. (b) | 13,947 | 24,128 | |
Huron Consulting Group, Inc. (b) | 44,292 | 2,192,454 | |
ICF International, Inc. | 39,140 | 3,195,781 | |
IHS Markit Ltd. (b) | 692,751 | 38,101,305 | |
InnerWorkings, Inc. (b) | 93,417 | 730,521 | |
Insperity, Inc. | 75,823 | 9,087,387 | |
Kelly Services, Inc. Class A (non-vtg.) | 58,614 | 1,477,659 | |
Kforce, Inc. | 47,957 | 2,016,592 | |
Korn/Ferry International | 104,534 | 7,017,367 | |
Manpower, Inc. | 124,187 | 11,640,048 | |
Marathon Patent Group, Inc. (a)(b) | 2,210 | 2,166 | |
Mastech Digital, Inc. (b) | 746 | 7,833 | |
MISTRAS Group, Inc. (b) | 29,557 | 674,195 | |
Navigant Consulting, Inc. | 88,402 | 2,111,924 | |
Nielsen Holdings PLC | 643,338 | 16,726,788 | |
RCM Technologies, Inc. | 9,908 | 48,549 | |
Reis, Inc. | 9,166 | 211,276 | |
Resources Connection, Inc. | 51,824 | 857,687 | |
Robert Half International, Inc. | 239,490 | 18,723,328 | |
TransUnion Holding Co., Inc. | 293,200 | 22,077,960 | |
TriNet Group, Inc. (b) | 78,552 | 4,640,067 | |
TrueBlue, Inc. (b) | 75,110 | 2,200,723 | |
Verisk Analytics, Inc. (b) | 297,961 | 35,484,175 | |
Volt Information Sciences, Inc. (b) | 6,248 | 21,868 | |
WageWorks, Inc. (a)(b) | 80,292 | 4,295,622 | |
Willdan Group, Inc. (a)(b) | 10,974 | 344,254 | |
285,314,923 | |||
Road & Rail - 1.0% | |||
AMERCO | 13,656 | 5,119,498 | |
ArcBest Corp. | 51,704 | 2,486,962 | |
Avis Budget Group, Inc. (b) | 136,725 | 4,253,515 | |
Covenant Transport Group, Inc. Class A (b) | 19,818 | 591,964 | |
CSX Corp. | 1,690,565 | 125,372,300 | |
Daseke, Inc. (b) | 99,388 | 893,498 | |
Genesee & Wyoming, Inc. Class A (b) | 114,611 | 10,073,161 | |
Heartland Express, Inc. | 106,928 | 2,186,678 | |
J.B. Hunt Transport Services, Inc. | 163,958 | 19,797,929 | |
Kansas City Southern | 196,910 | 22,833,684 | |
Knight-Swift Transportation Holdings, Inc. Class A | 245,159 | 8,367,277 | |
Landstar System, Inc. | 82,670 | 9,573,186 | |
Marten Transport Ltd. | 73,518 | 1,621,072 | |
Norfolk Southern Corp. | 547,449 | 95,168,534 | |
Old Dominion Freight Lines, Inc. | 133,852 | 20,399,045 | |
P.A.M. Transportation Services, Inc. (b) | 3,193 | 186,056 | |
Patriot Transportation Holding, Inc. (b) | 1,280 | 25,971 | |
Roadrunner Transportation Systems, Inc. (b) | 43,638 | 56,729 | |
Ryder System, Inc. | 101,736 | 7,817,394 | |
Saia, Inc. (b) | 54,211 | 4,296,222 | |
Schneider National, Inc. Class B | 73,442 | 1,986,606 | |
U.S.A. Truck, Inc. (b) | 13,000 | 284,830 | |
Union Pacific Corp. | 1,498,104 | 225,644,424 | |
Universal Logistics Holdings, Inc. | 19,202 | 702,793 | |
Werner Enterprises, Inc. (a) | 93,918 | 3,479,662 | |
YRC Worldwide, Inc. (b) | 47,961 | 458,987 | |
573,677,977 | |||
Trading Companies & Distributors - 0.4% | |||
AeroCentury Corp. (b) | 688 | 11,799 | |
Air Lease Corp. Class A | 196,588 | 9,084,331 | |
Aircastle Ltd. | 114,719 | 2,399,921 | |
Applied Industrial Technologies, Inc. | 73,619 | 5,672,344 | |
Beacon Roofing Supply, Inc. (b) | 133,931 | 4,966,161 | |
BlueLinx Corp. (a)(b) | 15,461 | 555,514 | |
BMC Stock Holdings, Inc. (b) | 114,770 | 2,582,325 | |
CAI International, Inc. (b) | 29,270 | 789,997 | |
DXP Enterprises, Inc. (b) | 35,307 | 1,620,238 | |
EnviroStar, Inc. | 2,922 | 138,065 | |
Fastenal Co. | 550,441 | 32,123,737 | |
GATX Corp. | 72,462 | 6,119,416 | |
General Finance Corp. (b) | 24,408 | 333,169 | |
H&E Equipment Services, Inc. | 57,616 | 2,005,613 | |
HD Supply Holdings, Inc. (b) | 361,647 | 16,487,487 | |
Herc Holdings, Inc. (b) | 53,715 | 2,824,335 | |
Houston Wire & Cable Co. (b) | 17,990 | 147,518 | |
Huttig Building Products, Inc. (a)(b) | 22,831 | 118,265 | |
Kaman Corp. | 55,700 | 3,632,197 | |
Lawson Products, Inc. (b) | 6,300 | 212,310 | |
MRC Global, Inc. (b) | 173,407 | 3,573,918 | |
MSC Industrial Direct Co., Inc. Class A | 88,439 | 7,559,766 | |
Nexeo Solutions, Inc. (b) | 103,751 | 1,038,548 | |
Now, Inc. (a)(b) | 223,998 | 3,850,526 | |
Rush Enterprises, Inc. Class A | 66,284 | 2,847,561 | |
SiteOne Landscape Supply, Inc. (a)(b) | 75,950 | 6,863,602 | |
Systemax, Inc. | 25,488 | 930,312 | |
Titan Machinery, Inc. (b) | 39,035 | 704,972 | |
Transcat, Inc. (b) | 1,764 | 42,953 | |
Triton International Ltd. | 90,645 | 3,424,568 | |
United Rentals, Inc. (b) | 161,067 | 25,105,513 | |
Univar, Inc. (b) | 216,684 | 6,028,149 | |
Veritiv Corp. (b) | 20,555 | 981,501 | |
W.W. Grainger, Inc. | 99,004 | 35,054,346 | |
Watsco, Inc. | 63,561 | 11,122,539 | |
WESCO International, Inc. (b) | 89,453 | 5,470,051 | |
Willis Lease Finance Corp. (b) | 3,680 | 126,150 | |
206,549,717 | |||
Transportation Infrastructure - 0.0% | |||
Macquarie Infrastructure Co. LLC | 155,741 | 7,326,057 | |
TOTAL INDUSTRIALS | 5,958,058,160 | ||
INFORMATION TECHNOLOGY - 25.3% | |||
Communications Equipment - 1.2% | |||
ADTRAN, Inc. | 98,876 | 1,700,667 | |
Aerohive Networks, Inc. (b) | 130,171 | 549,322 | |
Applied Optoelectronics, Inc. (a)(b) | 37,490 | 1,550,586 | |
Arista Networks, Inc. (b) | 92,276 | 27,588,678 | |
Arris International PLC (b) | 342,940 | 8,885,575 | |
Aviat Networks, Inc. (b) | 5,550 | 98,790 | |
Bank Technologies, Inc. | 9,436 | 35,857 | |
Black Box Corp. (a)(b) | 16,753 | 20,941 | |
Blonder Tongue Laboratories, Inc. (a)(b) | 3,352 | 4,525 | |
CalAmp Corp. (b) | 63,415 | 1,490,253 | |
Calix Networks, Inc. (b) | 78,308 | 610,802 | |
Carvana Co. Class A (a)(b) | 64,380 | 4,167,961 | |
Ciena Corp. (b) | 279,723 | 8,833,652 | |
Cisco Systems, Inc. | 9,094,558 | 434,447,036 | |
Clearfield, Inc. (a)(b) | 16,017 | 218,632 | |
CommScope Holding Co., Inc. (b) | 384,070 | 12,171,178 | |
Communications Systems, Inc. | 4,311 | 14,744 | |
Comtech Telecommunications Corp. | 47,745 | 1,711,658 | |
Dasan Zhone Solutions, Inc. (b) | 1,172 | 12,704 | |
Digi International, Inc. (b) | 40,102 | 539,372 | |
EchoStar Holding Corp. Class A (b) | 101,657 | 4,879,536 | |
EMCORE Corp. (b) | 50,451 | 244,687 | |
Extreme Networks, Inc. (b) | 245,320 | 1,538,156 | |
F5 Networks, Inc. (b) | 116,728 | 22,075,599 | |
Finisar Corp. (a)(b) | 225,637 | 4,602,995 | |
Harmonic, Inc. (b) | 151,876 | 827,724 | |
Infinera Corp. (b) | 292,195 | 2,615,145 | |
InterDigital, Inc. | 69,625 | 5,751,025 | |
Juniper Networks, Inc. | 666,051 | 18,935,830 | |
KVH Industries, Inc. (b) | 23,641 | 294,330 | |
Lantronix, Inc. (b) | 71 | 378 | |
Lumentum Holdings, Inc. (a)(b) | 121,030 | 8,217,937 | |
Motorola Solutions, Inc. | 316,034 | 40,566,124 | |
NETGEAR, Inc. (b) | 61,250 | 4,339,563 | |
NetScout Systems, Inc. (a)(b) | 166,854 | 4,171,350 | |
Network-1 Security Solutions, Inc. | 21,477 | 62,283 | |
Oclaro, Inc. (b) | 327,153 | 3,121,040 | |
Optical Cable Corp. (b) | 564 | 2,171 | |
Palo Alto Networks, Inc. (b) | 177,269 | 40,975,729 | |
PC-Tel, Inc. | 11,999 | 52,076 | |
Plantronics, Inc. | 61,152 | 4,110,637 | |
Quantenna Communications, Inc. (b) | 45,324 | 828,069 | |
Resonant, Inc. (a)(b) | 33,716 | 179,032 | |
Sonus Networks, Inc. (b) | 96,218 | 665,829 | |
Tessco Technologies, Inc. | 8,837 | 157,740 | |
Ubiquiti Networks, Inc. (a) | 44,626 | 4,003,398 | |
ViaSat, Inc. (a)(b) | 110,840 | 6,962,969 | |
Viavi Solutions, Inc. (b) | 430,589 | 4,822,597 | |
Westell Technologies, Inc. Class A (b) | 18,994 | 54,513 | |
689,711,395 | |||
Electronic Equipment & Components - 0.9% | |||
ADT, Inc. (a) | 248,071 | 2,220,235 | |
Akoustis Technologies, Inc. (a)(b) | 16,654 | 138,894 | |
Amphenol Corp. Class A | 579,462 | 54,805,516 | |
Anixter International, Inc. (b) | 56,429 | 4,068,531 | |
Applied DNA Sciences, Inc. (a)(b) | 18,968 | 23,141 | |
Arrow Electronics, Inc. (b) | 170,045 | 13,183,589 | |
Avnet, Inc. | 233,063 | 11,280,249 | |
AVX Corp. | 141,087 | 2,983,990 | |
Badger Meter, Inc. | 71,423 | 3,924,694 | |
Bel Fuse, Inc. Class B (non-vtg.) | 13,939 | 399,352 | |
Belden, Inc. (a) | 76,472 | 5,561,044 | |
Benchmark Electronics, Inc. | 106,802 | 2,760,832 | |
Cardtronics PLC (b) | 88,314 | 3,098,938 | |
Casa Systems, Inc. (a)(b) | 32,499 | 477,410 | |
CDW Corp. | 293,645 | 25,711,556 | |
ClearSign Combustion Corp. (a)(b) | 37,840 | 77,572 | |
Cognex Corp. | 334,381 | 17,989,698 | |
Coherent, Inc. (b) | 47,244 | 9,004,706 | |
Control4 Corp. (b) | 35,202 | 1,140,897 | |
Corning, Inc. | 1,602,127 | 53,687,276 | |
CTS Corp. | 68,145 | 2,517,958 | |
CUI Global, Inc. (b) | 26,608 | 60,134 | |
Daktronics, Inc. | 62,775 | 509,105 | |
Dell Technologies, Inc. (b) | 384,908 | 37,016,602 | |
Dolby Laboratories, Inc. Class A | 126,838 | 8,902,759 | |
DPW Holdings, Inc. (a)(b) | 36,717 | 17,995 | |
Echelon Corp. (b) | 3,219 | 27,201 | |
Electro Scientific Industries, Inc. (a)(b) | 77,933 | 1,710,629 | |
eMagin Corp. (a)(b) | 5,084 | 7,372 | |
ePlus, Inc. (b) | 25,477 | 2,640,691 | |
Fabrinet | 71,377 | 3,416,817 | |
FARO Technologies, Inc. (b) | 33,227 | 2,266,081 | |
Fitbit, Inc. (a)(b) | 329,669 | 1,984,607 | |
FLIR Systems, Inc. | 264,525 | 16,596,299 | |
Frequency Electronics, Inc. (b) | 2,550 | 21,165 | |
I. D. Systems Inc. (b) | 6,071 | 39,097 | |
Identiv, Inc. (b) | 13,618 | 82,661 | |
IEC Electronics Corp. (b) | 4,622 | 25,375 | |
II-VI, Inc. (a)(b) | 108,470 | 5,396,383 | |
Insight Enterprises, Inc. (b) | 74,803 | 4,124,637 | |
Intellicheck, Inc. (b) | 545 | 1,183 | |
IPG Photonics Corp. (b) | 71,680 | 12,578,406 | |
Iteris, Inc. (b) | 32,677 | 168,287 | |
Itron, Inc. (b) | 68,955 | 4,578,612 | |
Jabil, Inc. | 329,280 | 9,733,517 | |
KEMET Corp. (b) | 90,175 | 2,330,122 | |
KEY Tronic Corp. (b) | 6,483 | 51,864 | |
Keysight Technologies, Inc. (b) | 362,522 | 23,524,053 | |
Kimball Electronics, Inc. (b) | 32,297 | 639,481 | |
Knowles Corp. (b) | 178,238 | 3,231,455 | |
LightPath Technologies, Inc. Class A (b) | 376 | 805 | |
Littelfuse, Inc. | 48,352 | 10,809,573 | |
LRAD Corp. (b) | 56,581 | 172,006 | |
Luna Innovations, Inc. (b) | 1,444 | 5,372 | |
Maxwell Technologies, Inc. (a)(b) | 69,108 | 246,716 | |
Mesa Laboratories, Inc. | 6,988 | 1,402,841 | |
Methode Electronics, Inc. Class A | 72,142 | 2,860,430 | |
MicroVision, Inc. (a)(b) | 117,860 | 126,110 | |
MTS Systems Corp. | 33,405 | 1,807,211 | |
Napco Security Technolgies, Inc. (b) | 19,961 | 301,411 | |
National Instruments Corp. | 222,128 | 10,606,612 | |
Neonode, Inc. (a)(b) | 33,197 | 10,125 | |
NetList, Inc. (a)(b) | 104,599 | 12,207 | |
Novanta, Inc. (b) | 62,772 | 4,808,335 | |
OSI Systems, Inc. (b) | 33,928 | 2,642,652 | |
Par Technology Corp. (b) | 16,979 | 436,021 | |
Park Electrochemical Corp. | 39,479 | 844,061 | |
PC Connection, Inc. | 26,383 | 1,047,405 | |
PC Mall, Inc. (b) | 13,245 | 301,986 | |
Perceptron, Inc. (b) | 13,154 | 142,326 | |
Plexus Corp. (b) | 72,969 | 4,618,208 | |
RadiSys Corp. (b) | 34,231 | 54,427 | |
Research Frontiers, Inc. (a)(b) | 16,855 | 19,383 | |
RF Industries Ltd. | 10,801 | 127,452 | |
Richardson Electronics Ltd. | 23,707 | 214,074 | |
Rogers Corp. (b) | 37,812 | 5,220,703 | |
Sanmina Corp. (b) | 138,110 | 4,253,788 | |
ScanSource, Inc. (b) | 47,085 | 1,914,005 | |
SYNNEX Corp. | 54,859 | 5,319,677 | |
TE Connectivity Ltd. | 675,804 | 61,957,711 | |
Tech Data Corp. (b) | 69,796 | 5,077,659 | |
Trimble, Inc. (b) | 484,457 | 20,395,640 | |
TTM Technologies, Inc. (a)(b) | 178,081 | 3,330,115 | |
Vishay Intertechnology, Inc. | 264,352 | 6,291,578 | |
Vishay Precision Group, Inc. (b) | 24,989 | 1,082,024 | |
Wayside Technology Group, Inc. | 1,232 | 14,784 | |
Wireless Telecom Group, Inc. (b) | 11,200 | 21,280 | |
Zebra Technologies Corp. Class A (b) | 102,395 | 17,585,317 | |
532,820,698 | |||
Internet Software & Services - 4.7% | |||
2U, Inc. (a)(b) | 111,967 | 10,005,371 | |
Akamai Technologies, Inc. (b) | 326,630 | 24,542,978 | |
Alarm.com Holdings, Inc. (a)(b) | 54,404 | 3,062,401 | |
Alphabet, Inc.: | |||
Class A (b) | 572,930 | 705,735,174 | |
Class C (b) | 592,503 | 721,781,230 | |
Amber Road, Inc. (b) | 55,819 | 487,300 | |
ANGI Homeservices, Inc. Class A (a)(b) | 114,757 | 2,485,637 | |
AppFolio, Inc. (b) | 24,746 | 2,113,308 | |
Apptio, Inc. Class A (b) | 64,694 | 2,510,127 | |
Autoweb, Inc. (b) | 9,434 | 32,642 | |
Benefitfocus, Inc. (a)(b) | 50,661 | 2,234,150 | |
BlackLine, Inc. (b) | 72,946 | 3,848,631 | |
Box, Inc. Class A (b) | 239,503 | 5,882,194 | |
Brightcove, Inc. (b) | 59,246 | 485,817 | |
BroadVision, Inc. (b) | 490 | 882 | |
Carbonite, Inc. (b) | 65,049 | 2,702,786 | |
Care.com, Inc. (b) | 25,585 | 497,117 | |
CarGurus, Inc. Class A (a) | 26,157 | 1,290,063 | |
ChannelAdvisor Corp. (b) | 44,036 | 574,670 | |
Cision Ltd. (b) | 115,349 | 2,088,970 | |
Cloudera, Inc. (b) | 163,925 | 2,460,514 | |
Cornerstone OnDemand, Inc. (b) | 104,237 | 5,895,645 | |
Coupa Software, Inc. (b) | 54,059 | 3,876,571 | |
Determine, Inc. (b) | 552 | 450 | |
DHI Group, Inc. (b) | 141,360 | 303,924 | |
DocuSign, Inc. (a) | 43,593 | 2,721,947 | |
Dropbox, Inc. Class A (a)(b) | 90,419 | 2,427,750 | |
eBay, Inc. (b) | 1,793,865 | 62,085,668 | |
eGain Communications Corp. (b) | 36,778 | 525,925 | |
Endurance International Group Holdings, Inc. (b) | 144,299 | 1,392,485 | |
Envestnet, Inc. (b) | 94,260 | 5,957,232 | |
Etsy, Inc. (b) | 212,798 | 10,361,135 | |
Facebook, Inc. Class A (b) | 4,643,624 | 816,024,046 | |
Five9, Inc. (b) | 103,789 | 4,987,061 | |
Fusion Connect, Inc. (a)(b) | 36,836 | 136,293 | |
GlowPoint, Inc. (b) | 18,770 | 3,322 | |
GoDaddy, Inc. (b) | 320,456 | 26,104,346 | |
Gogo, Inc. (a)(b) | 109,584 | 492,032 | |
GrubHub, Inc. (a)(b) | 172,597 | 24,872,954 | |
GTT Communications, Inc. (a)(b) | 72,527 | 3,122,287 | |
Hortonworks, Inc. (b) | 136,805 | 3,053,488 | |
IAC/InterActiveCorp (b) | 149,632 | 29,507,430 | |
Instructure, Inc. (b) | 66,082 | 2,706,058 | |
Internap Network Services Corp. (b) | 24,920 | 334,426 | |
Inuvo, Inc. (b) | 9,640 | 6,170 | |
iPass, Inc. (a)(b) | 3,366 | 6,732 | |
j2 Global, Inc. | 91,978 | 7,594,623 | |
Leaf Group Ltd. (b) | 21,524 | 237,840 | |
Limelight Networks, Inc. (b) | 254,165 | 1,288,617 | |
Liquidity Services, Inc. (b) | 37,923 | 273,046 | |
LivePerson, Inc. (b) | 121,653 | 3,272,466 | |
LogMeIn, Inc. | 98,288 | 8,447,854 | |
Marchex, Inc. Class B | 28,685 | 82,613 | |
Marin Software, Inc. (a)(b) | 1,425 | 4,774 | |
Match Group, Inc. (a)(b) | 124,151 | 6,213,758 | |
MeetMe, Inc. (b) | 126,880 | 647,088 | |
MINDBODY, Inc. (a)(b) | 64,397 | 2,389,129 | |
MongoDB, Inc. Class A (a) | 49,623 | 3,570,871 | |
New Relic, Inc. (b) | 84,195 | 8,651,878 | |
Nutanix, Inc. Class A (b) | 135,969 | 7,657,774 | |
Okta, Inc. (b) | 141,250 | 8,733,488 | |
Pandora Media, Inc. (a)(b) | 482,271 | 4,456,184 | |
Q2 Holdings, Inc. (b) | 67,613 | 4,212,290 | |
QuinStreet, Inc. (b) | 78,551 | 1,191,619 | |
Qumu Corp. (b) | 6,017 | 14,621 | |
Quotient Technology, Inc. (b) | 150,934 | 2,256,463 | |
Remark Holdings, Inc. (a)(b) | 33,979 | 119,606 | |
SecureWorks Corp. (a)(b) | 18,872 | 251,186 | |
ShotSpotter, Inc. (a)(b) | 8,210 | 468,298 | |
Shutterstock, Inc. | 36,454 | 2,006,428 | |
SPS Commerce, Inc. (b) | 36,537 | 3,590,491 | |
Stamps.com, Inc. (b) | 32,276 | 8,018,972 | |
Support.com, Inc. (b) | 39,218 | 108,242 | |
Synacor, Inc. (b) | 20,037 | 38,571 | |
TechTarget, Inc. (b) | 34,602 | 830,102 | |
Telaria, Inc. (b) | 40,833 | 167,824 | |
The Trade Desk, Inc. (a)(b) | 44,565 | 6,322,882 | |
Travelzoo, Inc. (b) | 5,383 | 66,749 | |
TrueCar, Inc. (a)(b) | 174,422 | 2,243,067 | |
Twilio, Inc. Class A (b) | 148,233 | 11,956,474 | |
Twitter, Inc. (b) | 1,262,666 | 44,420,590 | |
VeriSign, Inc. (b) | 187,785 | 29,784,579 | |
Veritone, Inc. (b) | 20,237 | 211,274 | |
Web.com Group, Inc. (b) | 88,964 | 2,486,544 | |
XO Group, Inc. (b) | 59,336 | 1,783,640 | |
Yelp, Inc. (b) | 147,397 | 6,945,347 | |
Yext, Inc. (a)(b) | 125,704 | 3,125,001 | |
Zillow Group, Inc.: | |||
Class A (b) | 91,547 | 4,403,411 | |
Class C (a)(b) | 229,161 | 11,148,683 | |
2,713,422,296 | |||
IT Services - 4.4% | |||
Accenture PLC Class A | 1,243,715 | 210,274,895 | |
Acxiom Corp. (b) | 148,845 | 6,800,728 | |
Alliance Data Systems Corp. | 93,145 | 22,222,534 | |
Automatic Data Processing, Inc. | 851,797 | 125,001,210 | |
Booz Allen Hamilton Holding Corp. Class A | 279,997 | 14,324,647 | |
Broadridge Financial Solutions, Inc. | 225,825 | 30,517,991 | |
CACI International, Inc. Class A (b) | 49,436 | 9,640,020 | |
Cass Information Systems, Inc. | 18,117 | 1,295,909 | |
Cognizant Technology Solutions Corp. Class A | 1,135,612 | 89,066,049 | |
Computer Task Group, Inc. (b) | 11,646 | 68,013 | |
Conduent, Inc. (b) | 388,026 | 8,994,443 | |
Convergys Corp. | 187,983 | 4,648,820 | |
CoreLogic, Inc. (b) | 158,956 | 8,081,323 | |
CSG Systems International, Inc. | 69,253 | 2,586,600 | |
CSP, Inc. | 3,696 | 48,898 | |
DXC Technology Co. | 548,783 | 49,988,643 | |
Edgewater Technology, Inc. (b) | 2,875 | 13,656 | |
EPAM Systems, Inc. (b) | 99,263 | 14,187,661 | |
Euronet Worldwide, Inc. (b) | 99,267 | 9,708,313 | |
Everi Holdings, Inc. (b) | 133,235 | 1,155,147 | |
EVERTEC, Inc. | 119,642 | 2,877,390 | |
ExlService Holdings, Inc. (b) | 67,145 | 4,302,652 | |
Fidelity National Information Services, Inc. | 643,459 | 69,602,960 | |
First Data Corp. Class A (b) | 1,073,625 | 27,613,635 | |
Fiserv, Inc. (b) | 793,220 | 63,513,125 | |
FleetCor Technologies, Inc. (b) | 171,972 | 36,757,295 | |
Gartner, Inc. (a)(b) | 176,404 | 26,418,263 | |
Genpact Ltd. | 302,672 | 9,273,870 | |
Global Payments, Inc. | 307,486 | 38,306,606 | |
Hackett Group, Inc. | 51,835 | 1,061,062 | |
IBM Corp. | 1,653,732 | 242,238,663 | |
Information Services Group, Inc. (b) | 18,000 | 89,100 | |
Innodata, Inc. (b) | 14,010 | 20,315 | |
Jack Henry & Associates, Inc. | 152,467 | 24,156,871 | |
Leidos Holdings, Inc. | 274,684 | 19,439,387 | |
ManTech International Corp. Class A | 56,813 | 3,767,838 | |
MasterCard, Inc. Class A | 1,774,601 | 382,532,992 | |
Maximus, Inc. | 130,433 | 8,673,795 | |
ModusLink Global Solutions, Inc. (b) | 31,030 | 67,956 | |
MoneyGram International, Inc. (b) | 66,937 | 435,760 | |
NIC, Inc. | 134,488 | 2,259,398 | |
Paychex, Inc. | 615,344 | 45,073,948 | |
PayPal Holdings, Inc. (b) | 2,157,400 | 199,192,742 | |
Perficient, Inc. (b) | 66,954 | 1,923,588 | |
Perspecta, Inc. | 269,702 | 6,273,269 | |
PFSweb, Inc. (b) | 26,075 | 224,506 | |
Presidio, Inc. (a) | 95,619 | 1,445,759 | |
PRG-Schultz International, Inc. (b) | 36,569 | 349,234 | |
Sabre Corp. | 484,272 | 12,644,342 | |
Science Applications International Corp. | 82,023 | 7,400,115 | |
ServiceSource International, Inc. (b) | 116,353 | 371,166 | |
Square, Inc. (b) | 558,892 | 49,540,187 | |
StarTek, Inc. (a)(b) | 15,709 | 95,197 | |
Sykes Enterprises, Inc. (b) | 77,094 | 2,331,323 | |
Syntel, Inc. (b) | 71,654 | 2,919,184 | |
Teradata Corp. (b) | 229,463 | 9,515,831 | |
The Western Union Co. | 887,614 | 16,793,657 | |
Total System Services, Inc. | 319,353 | 31,021,950 | |
Travelport Worldwide Ltd. | 241,707 | 4,488,499 | |
Ttec Holdings, Inc. | 33,151 | 868,556 | |
Unisys Corp. (a)(b) | 94,015 | 1,748,679 | |
Virtusa Corp. (b) | 54,223 | 3,159,032 | |
Visa, Inc. Class A | 3,452,122 | 507,082,201 | |
WEX, Inc. (b) | 76,928 | 14,633,244 | |
WidePoint Corp. (b) | 71,654 | 36,902 | |
Worldpay, Inc. (b) | 573,890 | 55,891,147 | |
2,547,058,691 | |||
Semiconductors & Semiconductor Equipment - 3.7% | |||
Acacia Communications, Inc. (a)(b) | 39,295 | 1,602,057 | |
Adesto Technologies Corp. (a)(b) | 45,484 | 275,178 | |
Advanced Energy Industries, Inc. (b) | 78,974 | 4,705,271 | |
Advanced Micro Devices, Inc. (a)(b) | 1,592,826 | 40,091,430 | |
AEHR Test Systems (b) | 18,931 | 47,895 | |
Alpha & Omega Semiconductor Ltd. (b) | 39,883 | 566,737 | |
Amkor Technology, Inc. (b) | 266,466 | 2,326,248 | |
Amtech Systems, Inc. (b) | 13,719 | 75,317 | |
Analog Devices, Inc. | 713,961 | 70,575,045 | |
Applied Materials, Inc. | 1,942,854 | 83,581,579 | |
Aquantia Corp. (b) | 25,937 | 327,844 | |
Axcelis Technologies, Inc. (b) | 55,214 | 1,115,323 | |
AXT, Inc. (a)(b) | 68,422 | 540,534 | |
Broadcom, Inc. | 777,449 | 170,284,654 | |
Brooks Automation, Inc. | 142,458 | 5,614,270 | |
Cabot Microelectronics Corp. | 49,260 | 5,553,080 | |
Ceva, Inc. (b) | 44,635 | 1,365,831 | |
Cirrus Logic, Inc. (b) | 115,056 | 5,056,711 | |
Cohu, Inc. | 72,404 | 1,910,018 | |
Cree, Inc. (a)(b) | 190,377 | 9,159,037 | |
CVD Equipment Corp. (a)(b) | 24,298 | 156,722 | |
CyberOptics Corp. (b) | 9,251 | 206,297 | |
Cypress Semiconductor Corp. | 702,153 | 12,084,053 | |
Diodes, Inc. (b) | 80,058 | 3,035,799 | |
DSP Group, Inc. (b) | 64,723 | 831,691 | |
Entegris, Inc. | 292,500 | 9,915,750 | |
First Solar, Inc. (b) | 156,704 | 8,161,144 | |
FormFactor, Inc. (b) | 153,604 | 2,373,182 | |
GSI Technology, Inc. (b) | 18,344 | 128,591 | |
Ichor Holdings Ltd. (a)(b) | 54,823 | 1,421,560 | |
Impinj, Inc. (a)(b) | 40,581 | 871,680 | |
Inphi Corp. (a)(b) | 81,649 | 3,026,728 | |
Integrated Device Technology, Inc. (b) | 253,049 | 10,752,052 | |
Intel Corp. | 9,020,847 | 436,879,620 | |
Intermolecular, Inc. (b) | 6,975 | 9,416 | |
Intest Corp. (b) | 2,175 | 19,031 | |
KLA-Tencor Corp. | 301,014 | 34,980,837 | |
Kopin Corp. (a)(b) | 88,411 | 205,114 | |
Kulicke & Soffa Industries, Inc. | 141,853 | 3,658,389 | |
Lam Research Corp. (a) | 315,956 | 54,688,824 | |
Lattice Semiconductor Corp. (b) | 269,339 | 2,205,886 | |
MACOM Technology Solutions Holdings, Inc. (a)(b) | 79,684 | 1,836,716 | |
Marvell Technology Group Ltd. | 1,120,454 | 23,170,989 | |
Maxim Integrated Products, Inc. | 536,291 | 32,429,517 | |
MaxLinear, Inc. Class A (b) | 115,923 | 2,234,995 | |
Microchip Technology, Inc. (a) | 452,919 | 38,964,622 | |
Micron Technology, Inc. (b) | 2,240,035 | 117,646,638 | |
MKS Instruments, Inc. | 107,238 | 9,962,410 | |
Monolithic Power Systems, Inc. | 76,797 | 11,509,566 | |
MoSys, Inc. (a)(b) | 6,042 | 5,075 | |
Nanometrics, Inc. (b) | 47,602 | 2,085,444 | |
NeoPhotonics Corp. (a)(b) | 75,400 | 662,766 | |
NVE Corp. | 8,841 | 1,005,045 | |
NVIDIA Corp. | 1,174,599 | 329,686,447 | |
ON Semiconductor Corp. (b) | 814,755 | 17,386,872 | |
PDF Solutions, Inc. (a)(b) | 47,788 | 416,711 | |
Photronics, Inc. (b) | 134,263 | 1,436,614 | |
Pixelworks, Inc. (b) | 39,177 | 215,865 | |
Power Integrations, Inc. | 60,434 | 4,432,834 | |
Qorvo, Inc. (b) | 246,045 | 19,705,744 | |
Qualcomm, Inc. | 2,868,007 | 197,060,761 | |
QuickLogic Corp. (b) | 142,208 | 155,007 | |
Rambus, Inc. (b) | 201,505 | 2,462,391 | |
Rubicon Technology, Inc. (a)(b) | 2,504 | 22,887 | |
Rudolph Technologies, Inc. (b) | 69,669 | 1,936,798 | |
Semtech Corp. (b) | 131,349 | 7,848,103 | |
Silicon Laboratories, Inc. (b) | 83,053 | 8,139,194 | |
Skyworks Solutions, Inc. | 352,497 | 32,182,976 | |
SMART Global Holdings, Inc. (a)(b) | 13,359 | 440,713 | |
SolarEdge Technologies, Inc. (a)(b) | 72,575 | 3,479,971 | |
SunPower Corp. (a)(b) | 126,150 | 847,728 | |
Synaptics, Inc. (a)(b) | 66,113 | 3,190,613 | |
Teradyne, Inc. | 368,760 | 15,189,224 | |
Texas Instruments, Inc. | 1,891,141 | 212,564,248 | |
Ultra Clean Holdings, Inc. (b) | 73,387 | 1,119,886 | |
Universal Display Corp. | 81,004 | 9,914,890 | |
Veeco Instruments, Inc. (b) | 86,705 | 1,040,460 | |
Versum Materials, Inc. | 215,014 | 8,555,407 | |
Xcerra Corp. (b) | 98,441 | 1,425,426 | |
Xilinx, Inc. | 492,485 | 38,330,108 | |
Xperi Corp. | 106,934 | 1,678,864 | |
2,152,766,950 | |||
Software - 6.2% | |||
8x8, Inc. (b) | 182,283 | 4,137,824 | |
A10 Networks, Inc. (b) | 73,118 | 509,632 | |
ACI Worldwide, Inc. (b) | 221,607 | 6,295,855 | |
Activision Blizzard, Inc. | 1,476,345 | 106,444,475 | |
Adobe Systems, Inc. (b) | 951,220 | 250,655,982 | |
Agilysys, Inc. (b) | 38,149 | 613,054 | |
Altair Engineering, Inc. Class A (b) | 55,360 | 2,312,387 | |
American Software, Inc. Class A | 55,166 | 991,885 | |
ANSYS, Inc. (b) | 160,570 | 29,862,809 | |
Appian Corp. Class A (a)(b) | 28,310 | 988,868 | |
Aspen Technology, Inc. (b) | 138,035 | 15,923,718 | |
Asure Software, Inc. (a)(b) | 21,771 | 327,218 | |
Autodesk, Inc. (b) | 424,479 | 65,518,334 | |
Avaya Holdings Corp. (a)(b) | 205,720 | 4,805,619 | |
Black Knight, Inc. (b) | 277,685 | 14,828,379 | |
Blackbaud, Inc. | 92,635 | 9,686,842 | |
Bottomline Technologies, Inc. (b) | 77,450 | 5,109,377 | |
BSQUARE Corp. (b) | 11,182 | 25,719 | |
CA Technologies, Inc. | 596,078 | 26,108,216 | |
Cadence Design Systems, Inc. (b) | 550,839 | 25,911,467 | |
Cardlytics, Inc. (b) | 6,642 | 135,430 | |
CDK Global, Inc. | 240,055 | 14,960,228 | |
Ceridian HCM Holding, Inc. (a) | 51,932 | 1,999,382 | |
Citrix Systems, Inc. (b) | 244,801 | 27,912,210 | |
CommVault Systems, Inc. (b) | 82,577 | 5,751,488 | |
Datawatch Corp. (b) | 9,730 | 124,058 | |
Digimarc Corp. (a)(b) | 18,523 | 547,355 | |
Digital Turbine, Inc. (a)(b) | 70,030 | 98,042 | |
Ebix, Inc. | 42,676 | 3,399,143 | |
Electronic Arts, Inc. (b) | 590,942 | 67,018,732 | |
Ellie Mae, Inc. (a)(b) | 64,487 | 6,794,995 | |
Everbridge, Inc. (a)(b) | 38,591 | 2,323,564 | |
Evolving Systems, Inc. (b) | 4,973 | 11,314 | |
Fair Isaac Corp. (b) | 56,483 | 13,046,443 | |
FireEye, Inc. (a)(b) | 363,888 | 6,040,541 | |
Forescout Technologies, Inc. (b) | 43,159 | 1,556,745 | |
Fortinet, Inc. (b) | 278,231 | 23,304,629 | |
Glu Mobile, Inc. (b) | 218,018 | 1,678,739 | |
GSE Systems, Inc. (b) | 388 | 1,300 | |
Guidewire Software, Inc. (b) | 152,826 | 15,369,711 | |
HubSpot, Inc. (b) | 68,398 | 9,828,793 | |
Imperva, Inc. (b) | 59,629 | 2,811,507 | |
Inseego Corp. (a)(b) | 63,245 | 197,957 | |
Intuit, Inc. | 471,413 | 103,461,011 | |
Manhattan Associates, Inc. (a)(b) | 127,067 | 7,368,615 | |
Microsoft Corp. | 14,869,167 | 1,670,253,529 | |
MicroStrategy, Inc. Class A (b) | 21,282 | 3,171,018 | |
Mitek Systems, Inc. (b) | 57,485 | 416,766 | |
MobileIron, Inc. (b) | 99,040 | 485,296 | |
Model N, Inc. (b) | 64,636 | 1,098,812 | |
Monotype Imaging Holdings, Inc. | 83,936 | 1,729,082 | |
NetSol Technologies, Inc. (b) | 10,165 | 59,974 | |
Nuance Communications, Inc. (b) | 537,866 | 8,777,973 | |
NXT-ID, Inc. (a)(b) | 33,283 | 56,914 | |
Onespan, Inc. (b) | 63,694 | 1,194,263 | |
Oracle Corp. | 5,764,947 | 280,061,125 | |
Parametric Technology Corp. (b) | 224,773 | 22,463,814 | |
Park City Group, Inc. (a)(b) | 18,083 | 152,801 | |
Paycom Software, Inc. (a)(b) | 94,455 | 14,651,860 | |
Paylocity Holding Corp. (b) | 55,889 | 4,439,822 | |
Pegasystems, Inc. | 69,658 | 4,437,215 | |
Pivotal Software, Inc. (a) | 79,408 | 2,203,572 | |
Pluralsight, Inc. (a) | 49,679 | 1,697,531 | |
Progress Software Corp. | 91,795 | 3,757,169 | |
Proofpoint, Inc. (b) | 99,373 | 11,790,606 | |
PROS Holdings, Inc. (a)(b) | 75,391 | 2,780,420 | |
QAD, Inc.: | |||
Class A | 14,722 | 892,889 | |
Class B | 4,298 | 203,940 | |
Qualys, Inc. (b) | 66,160 | 6,023,868 | |
Rapid7, Inc. (b) | 86,538 | 3,301,425 | |
RealNetworks, Inc. (b) | 28,670 | 91,744 | |
RealPage, Inc. (b) | 136,146 | 8,495,510 | |
Red Hat, Inc. (b) | 340,018 | 50,230,859 | |
Red Violet, Inc. (b) | 9,876 | 76,539 | |
RingCentral, Inc. (b) | 129,020 | 12,018,213 | |
Rosetta Stone, Inc. (b) | 22,826 | 360,651 | |
SailPoint Technologies Holding, Inc. (b) | 124,457 | 3,849,455 | |
Salesforce.com, Inc. (b) | 1,363,125 | 208,121,925 | |
SeaChange International, Inc. (b) | 36,866 | 60,829 | |
SendGrid, Inc. (b) | 25,907 | 939,647 | |
ServiceNow, Inc. (b) | 341,271 | 67,011,974 | |
SITO Mobile Ltd. (a)(b) | 17,979 | 35,778 | |
Smartsheet, Inc. | 37,005 | 1,100,159 | |
Smith Micro Software, Inc. (a)(b) | 10,363 | 25,700 | |
Snap, Inc. Class A (a)(b) | 491,455 | 5,356,860 | |
Sonic Foundry, Inc. (b) | 155 | 268 | |
Splunk, Inc. (b) | 281,082 | 36,020,658 | |
SS&C Technologies Holdings, Inc. | 400,275 | 23,752,319 | |
Symantec Corp. | 1,194,934 | 24,089,869 | |
Synopsys, Inc. (b) | 291,260 | 29,749,296 | |
Tableau Software, Inc. (b) | 133,932 | 14,981,634 | |
Take-Two Interactive Software, Inc. (b) | 219,196 | 29,275,818 | |
TeleNav, Inc. (b) | 46,856 | 262,394 | |
The Rubicon Project, Inc. (b) | 59,339 | 236,169 | |
TiVo Corp. | 242,388 | 3,308,596 | |
Tyler Technologies, Inc. (b) | 68,284 | 16,862,734 | |
Ultimate Software Group, Inc. (a)(b) | 57,044 | 17,664,815 | |
Upland Software, Inc. (b) | 28,805 | 1,072,122 | |
Varonis Systems, Inc. (b) | 39,520 | 2,920,528 | |
Verint Systems, Inc. (b) | 134,744 | 6,541,821 | |
VirnetX Holding Corp. (a)(b) | 93,723 | 313,972 | |
VMware, Inc. Class A (a)(b) | 135,112 | 20,707,265 | |
Workday, Inc. Class A (b) | 281,065 | 43,435,785 | |
Workiva, Inc. (b) | 48,113 | 1,772,964 | |
Zedge, Inc. (b) | 14,921 | 43,719 | |
Zendesk, Inc. (b) | 202,958 | 13,981,777 | |
Zix Corp. (b) | 85,392 | 473,926 | |
Zscaler, Inc. (a)(b) | 33,913 | 1,451,137 | |
Zuora, Inc. (a) | 19,414 | 535,438 | |
Zynga, Inc. (b) | 1,488,044 | 6,190,263 | |
3,586,322,406 | |||
Technology Hardware, Storage & Peripherals - 4.2% | |||
3D Systems Corp. (a)(b) | 215,475 | 4,384,916 | |
Apple, Inc. | 9,514,401 | 2,165,763,044 | |
Astro-Med, Inc. | 5,753 | 127,429 | |
Avid Technology, Inc. (a)(b) | 45,276 | 268,034 | |
CPI Card Group (a)(b) | 4,456 | 14,081 | |
Cray, Inc. (b) | 76,017 | 1,649,569 | |
Diebold Nixdorf, Inc. (a) | 147,998 | 702,991 | |
Eastman Kodak Co. (a)(b) | 71,591 | 232,671 | |
Electronics for Imaging, Inc. (a)(b) | 100,401 | 3,492,951 | |
Everspin Technologies, Inc. (a)(b) | 9,978 | 92,297 | |
Hewlett Packard Enterprise Co. | 2,949,075 | 48,748,210 | |
HP, Inc. | 3,176,408 | 78,298,457 | |
Immersion Corp. (b) | 59,681 | 693,493 | |
Intevac, Inc. (b) | 29,097 | 168,035 | |
NCR Corp. (b) | 227,035 | 6,450,064 | |
NetApp, Inc. | 516,657 | 44,850,994 | |
Pure Storage, Inc. Class A (b) | 227,458 | 6,104,973 | |
Quantum Corp. (b) | 41,835 | 84,507 | |
Seagate Technology LLC | 554,178 | 29,670,690 | |
Transact Technologies, Inc. | 3,411 | 48,095 | |
U.S.A. Technologies, Inc. (b) | 97,355 | 1,582,019 | |
Western Digital Corp. | 577,716 | 36,534,760 | |
Xerox Corp. | 410,942 | 11,448,844 | |
2,441,411,124 | |||
TOTAL INFORMATION TECHNOLOGY | 14,663,513,560 | ||
MATERIALS - 2.9% | |||
Chemicals - 1.9% | |||
A. Schulman, Inc. rights (b)(c) | 54,023 | 103,184 | |
Advanced Emissions Solutions, Inc. (a) | 57,241 | 653,692 | |
AdvanSix, Inc. (b) | 59,098 | 1,999,876 | |
AgroFresh Solutions, Inc. (a)(b) | 44,445 | 295,559 | |
Air Products & Chemicals, Inc. | 426,009 | 70,841,037 | |
Albemarle Corp. U.S. (a) | 212,999 | 20,345,664 | |
American Vanguard Corp. | 48,089 | 1,053,149 | |
Ashland Global Holdings, Inc. | 120,114 | 10,113,599 | |
Axalta Coating Systems Ltd. (b) | 423,345 | 12,912,023 | |
Balchem Corp. | 62,509 | 6,931,623 | |
Cabot Corp. | 119,034 | 7,727,687 | |
Celanese Corp. Class A | 260,448 | 30,428,140 | |
CF Industries Holdings, Inc. | 453,042 | 23,535,532 | |
Chase Corp. | 19,479 | 2,414,422 | |
Core Molding Technologies, Inc. | 10,858 | 99,568 | |
DowDuPont, Inc. | 4,491,856 | 315,013,861 | |
Eastman Chemical Co. | 274,212 | 26,606,790 | |
Ecolab, Inc. | 503,540 | 75,772,699 | |
Ferro Corp. (b) | 172,952 | 3,796,296 | |
Flotek Industries, Inc. (a)(b) | 98,612 | 245,544 | |
FMC Corp. | 261,067 | 22,308,175 | |
FutureFuel Corp. | 41,787 | 619,701 | |
H.B. Fuller Co. | 95,568 | 5,446,420 | |
Hawkins, Inc. | 15,709 | 648,782 | |
Huntsman Corp. | 410,120 | 12,504,559 | |
Ingevity Corp. (b) | 80,091 | 8,089,992 | |
Innophos Holdings, Inc. | 39,088 | 1,708,536 | |
Innospec, Inc. | 48,903 | 3,794,873 | |
International Flavors & Fragrances, Inc. | 152,297 | 19,842,776 | |
Intrepid Potash, Inc. (b) | 199,844 | 679,470 | |
KMG Chemicals, Inc. | 25,301 | 1,960,321 | |
Koppers Holdings, Inc. (b) | 39,973 | 1,417,043 | |
Kraton Performance Polymers, Inc. (b) | 65,484 | 3,079,713 | |
Kronos Worldwide, Inc. | 51,691 | 1,040,540 | |
LSB Industries, Inc. (a)(b) | 28,693 | 250,203 | |
LyondellBasell Industries NV Class A | 621,426 | 70,084,424 | |
Marrone Bio Innovations, Inc. (a)(b) | 33,145 | 69,107 | |
Minerals Technologies, Inc. | 69,103 | 4,640,266 | |
NewMarket Corp. | 18,766 | 7,525,917 | |
Olin Corp. | 322,690 | 9,916,264 | |
OMNOVA Solutions, Inc. (b) | 81,034 | 733,358 | |
Platform Specialty Products Corp. (b) | 401,657 | 5,325,972 | |
PolyOne Corp. | 158,115 | 6,681,940 | |
PPG Industries, Inc. (a) | 480,344 | 53,097,226 | |
PQ Group Holdings, Inc. | 84,801 | 1,509,458 | |
Praxair, Inc. | 557,621 | 88,210,066 | |
Quaker Chemical Corp. | 25,955 | 4,675,534 | |
Rayonier Advanced Materials, Inc. | 104,966 | 2,193,789 | |
RPM International, Inc. | 260,660 | 17,594,550 | |
Senomyx, Inc. (b) | 66,138 | 76,059 | |
Sensient Technologies Corp. | 86,306 | 6,129,452 | |
Sherwin-Williams Co. | 158,842 | 72,365,238 | |
Stepan Co. | 39,421 | 3,516,747 | |
The Chemours Co. LLC | 342,775 | 14,944,990 | |
The Mosaic Co. | 670,129 | 20,954,934 | |
The Scotts Miracle-Gro Co. Class A | 73,152 | 5,465,917 | |
Trecora Resources (b) | 30,461 | 426,454 | |
Tredegar Corp. | 71,882 | 1,577,810 | |
Trinseo SA | 91,255 | 7,040,323 | |
Tronox Ltd. Class A | 190,878 | 3,090,315 | |
Valhi, Inc. | 49,033 | 161,809 | |
Valvoline, Inc. | 376,388 | 8,099,870 | |
Venator Materials PLC | 108,555 | 1,311,344 | |
W.R. Grace & Co. | 125,990 | 8,902,453 | |
Westlake Chemical Corp. | 68,037 | 6,434,259 | |
1,127,036,894 | |||
Construction Materials - 0.1% | |||
Eagle Materials, Inc. | 90,055 | 8,314,778 | |
Forterra, Inc. (a)(b) | 32,917 | 278,478 | |
Foundation Building Materials, Inc. (b) | 21,184 | 292,551 | |
Martin Marietta Materials, Inc. | 122,228 | 24,289,148 | |
nVent Electric PLC | 322,756 | 9,066,216 | |
Summit Materials, Inc. | 222,652 | 4,735,808 | |
U.S. Concrete, Inc. (a)(b) | 33,299 | 1,605,012 | |
United States Lime & Minerals, Inc. | 4,018 | 304,926 | |
Vulcan Materials Co. | 255,252 | 28,281,922 | |
77,168,839 | |||
Containers & Packaging - 0.4% | |||
Aptargroup, Inc. | 123,061 | 12,885,717 | |
Avery Dennison Corp. | 168,996 | 17,774,999 | |
Ball Corp. | 674,885 | 28,264,184 | |
Bemis Co., Inc. | 175,245 | 8,636,074 | |
Berry Global Group, Inc. (b) | 250,616 | 11,961,902 | |
Crown Holdings, Inc. (a)(b) | 255,363 | 10,932,090 | |
Graphic Packaging Holding Co. | 589,083 | 8,376,760 | |
Greif, Inc. Class A | 57,489 | 3,172,243 | |
International Paper Co. | 798,758 | 40,848,484 | |
Myers Industries, Inc. | 56,968 | 1,267,538 | |
Owens-Illinois, Inc. (b) | 328,894 | 5,811,557 | |
Packaging Corp. of America | 184,462 | 20,276,063 | |
Sealed Air Corp. | 304,706 | 12,221,758 | |
Silgan Holdings, Inc. | 162,095 | 4,417,089 | |
Sonoco Products Co. | 192,348 | 10,779,182 | |
UFP Technologies, Inc. (b) | 14,187 | 500,092 | |
WestRock Co. | 494,382 | 27,230,561 | |
225,356,293 | |||
Metals & Mining - 0.4% | |||
AK Steel Holding Corp. (a)(b) | 633,642 | 2,813,370 | |
Alcoa Corp. (b) | 330,923 | 14,782,330 | |
Allegheny Technologies, Inc. (a)(b) | 249,053 | 6,731,903 | |
Ampco-Pittsburgh Corp. (b) | 10,414 | 78,626 | |
Atkore International Group, Inc. (b) | 83,406 | 2,283,656 | |
Carpenter Technology Corp. | 89,534 | 5,342,494 | |
Century Aluminum Co. (a)(b) | 91,405 | 1,153,531 | |
Cleveland-Cliffs, Inc. (b) | 584,517 | 5,874,396 | |
Coeur d'Alene Mines Corp. (b) | 353,050 | 2,005,324 | |
Commercial Metals Co. | 230,409 | 4,976,834 | |
Compass Minerals International, Inc. | 67,713 | 4,235,448 | |
Comstock Mining, Inc. (a)(b) | 11,344 | 1,985 | |
Freeport-McMoRan, Inc. | 2,600,390 | 36,535,480 | |
Friedman Industries | 2,001 | 20,670 | |
General Moly, Inc. (b) | 60,513 | 23,600 | |
Gold Resource Corp. | 109,163 | 563,281 | |
Golden Minerals Co. (a)(b) | 71,014 | 19,444 | |
Haynes International, Inc. | 23,949 | 943,591 | |
Hecla Mining Co. | 977,921 | 2,777,296 | |
Kaiser Aluminum Corp. | 33,314 | 3,650,881 | |
Materion Corp. | 39,771 | 2,537,390 | |
McEwen Mining, Inc. (a) | 511,683 | 1,008,016 | |
Newmont Mining Corp. | 1,038,266 | 32,217,394 | |
Nucor Corp. | 614,951 | 38,434,438 | |
Olympic Steel, Inc. | 12,703 | 279,974 | |
Paramount Gold Nevada Corp. (a)(b) | 7,958 | 8,197 | |
Pershing Gold Corp. (b) | 31,696 | 41,522 | |
Reliance Steel & Aluminum Co. | 138,609 | 12,182,345 | |
Royal Gold, Inc. | 127,141 | 9,695,773 | |
Ryerson Holding Corp. (b) | 30,039 | 312,406 | |
Schnitzer Steel Industries, Inc. Class A | 62,341 | 1,642,685 | |
Solitario Exploration & Royalty Corp. (b) | 18,115 | 6,851 | |
Steel Dynamics, Inc. | 449,332 | 20,547,952 | |
SunCoke Energy, Inc. (b) | 119,717 | 1,336,042 | |
Synalloy Corp. (a) | 9,739 | 223,510 | |
TimkenSteel Corp. (a)(b) | 69,807 | 977,996 | |
U.S. Antimony Corp. (b) | 24,962 | 14,977 | |
U.S. Gold Corp. | 46 | 52 | |
United States Steel Corp. | 343,724 | 10,201,728 | |
Universal Stainless & Alloy Products, Inc. (b) | 13,897 | 420,801 | |
Warrior Metropolitan Coal, Inc. (a) | 86,484 | 2,079,940 | |
Worthington Industries, Inc. | 90,980 | 4,237,848 | |
233,221,977 | |||
Paper & Forest Products - 0.1% | |||
Boise Cascade Co. | 74,391 | 3,250,887 | |
Clearwater Paper Corp. (b) | 35,821 | 1,040,600 | |
Domtar Corp. | 128,751 | 6,553,426 | |
Kapstone Paper & Packaging Corp. | 170,425 | 5,854,099 | |
Louisiana-Pacific Corp. | 275,889 | 8,044,923 | |
Mercer International, Inc. (SBI) | 87,436 | 1,547,617 | |
Neenah, Inc. | 34,858 | 3,180,793 | |
P.H. Glatfelter Co. | 78,096 | 1,501,786 | |
Resolute Forest Products (b) | 168,368 | 2,315,060 | |
Schweitzer-Mauduit International, Inc. | 57,402 | 2,335,687 | |
Verso Corp. (b) | 69,099 | 2,169,018 | |
37,793,896 | |||
TOTAL MATERIALS | 1,700,577,899 | ||
REAL ESTATE - 3.6% | |||
Equity Real Estate Investment Trusts (REITs) - 3.5% | |||
Acadia Realty Trust (SBI) | 161,267 | 4,599,335 | |
Agree Realty Corp. | 70,090 | 4,000,036 | |
Alexander & Baldwin, Inc. | 155,313 | 3,645,196 | |
Alexanders, Inc. | 7,463 | 2,693,621 | |
Alexandria Real Estate Equities, Inc. | 194,551 | 24,970,621 | |
American Assets Trust, Inc. | 89,595 | 3,539,003 | |
American Campus Communities, Inc. | 265,755 | 11,143,107 | |
American Homes 4 Rent Class A | 475,496 | 11,031,507 | |
American Tower Corp. | 852,991 | 127,198,018 | |
Americold Realty Trust | 115,807 | 2,883,594 | |
Apartment Investment & Management Co. Class A | 313,759 | 13,742,644 | |
Apple Hospitality (REIT), Inc. | 411,429 | 7,261,722 | |
Armada Hoffler Properties, Inc. | 88,352 | 1,377,408 | |
Ashford Hospitality Trust, Inc. | 184,946 | 1,200,300 | |
AvalonBay Communities, Inc. | 264,965 | 48,565,435 | |
Bluerock Residential Growth (REIT), Inc. | 90,320 | 893,265 | |
Boston Properties, Inc. | 296,394 | 38,664,597 | |
Braemar Hotels & Resorts, Inc. | 47,533 | 549,006 | |
Brandywine Realty Trust (SBI) | 339,166 | 5,684,422 | |
Brixmor Property Group, Inc. | 590,586 | 10,760,477 | |
BRT Realty Trust | 189,164 | 2,434,541 | |
Camden Property Trust (SBI) | 177,479 | 16,871,154 | |
CareTrust (REIT), Inc. | 143,665 | 2,650,619 | |
CatchMark Timber Trust, Inc. | 100,692 | 1,262,678 | |
CBL & Associates Properties, Inc. (a) | 338,899 | 1,511,490 | |
Cedar Realty Trust, Inc. | 134,023 | 599,083 | |
Chatham Lodging Trust | 76,647 | 1,644,078 | |
Chesapeake Lodging Trust | 114,633 | 3,772,572 | |
CIM Commercial Trust Corp. | 6,057 | 94,489 | |
City Office REIT, Inc. | 67,579 | 872,445 | |
Clipper Realty, Inc. | 6,962 | 84,936 | |
Colony NorthStar, Inc. (a) | 981,801 | 6,018,440 | |
Columbia Property Trust, Inc. | 224,485 | 5,405,599 | |
Community Healthcare Trust, Inc. | 41,798 | 1,296,992 | |
Condor Hospitality Trust, Inc. | 108 | 1,129 | |
CorEnergy Infrastructure Trust, Inc. (a) | 18,244 | 682,873 | |
CorePoint Lodging, Inc. (b) | 70,925 | 1,478,786 | |
CoreSite Realty Corp. | 69,249 | 8,065,431 | |
Corporate Office Properties Trust (SBI) | 217,809 | 6,704,161 | |
Corrections Corp. of America | 221,394 | 5,731,891 | |
Cousins Properties, Inc. | 792,672 | 7,411,483 | |
Crown Castle International Corp. | 801,649 | 91,412,035 | |
CubeSmart | 366,464 | 11,195,475 | |
CyrusOne, Inc. | 193,698 | 12,970,018 | |
DDR Corp. | 292,764 | 4,095,768 | |
DiamondRock Hospitality Co. | 396,647 | 4,743,898 | |
Digital Realty Trust, Inc. | 400,800 | 49,811,424 | |
Douglas Emmett, Inc. | 314,526 | 12,285,386 | |
Duke Realty Corp. | 686,860 | 19,568,641 | |
Easterly Government Properties, Inc. | 107,765 | 2,182,241 | |
EastGroup Properties, Inc. | 63,814 | 6,207,188 | |
Education Realty Trust, Inc. | 147,468 | 6,102,226 | |
Empire State Realty Trust, Inc. | 295,222 | 5,192,955 | |
EPR Properties | 130,186 | 9,136,453 | |
Equinix, Inc. | 153,355 | 66,882,716 | |
Equity Commonwealth (b) | 237,117 | 7,601,971 | |
Equity Lifestyle Properties, Inc. | 174,997 | 16,953,709 | |
Equity Residential (SBI) | 709,071 | 48,039,560 | |
Essex Property Trust, Inc. | 126,754 | 31,216,975 | |
Extra Space Storage, Inc. | 240,925 | 22,215,694 | |
Farmland Partners, Inc. (a) | 105,443 | 744,428 | |
Federal Realty Investment Trust (SBI) | 138,774 | 18,125,272 | |
First Industrial Realty Trust, Inc. | 254,605 | 8,264,478 | |
Forest City Realty Trust, Inc. Class A | 522,472 | 13,140,171 | |
Four Corners Property Trust, Inc. | 120,965 | 3,258,797 | |
Franklin Street Properties Corp. | 202,564 | 1,735,973 | |
Front Yard Residential Corp. Class B | 111,755 | 1,365,646 | |
Gaming & Leisure Properties | 386,459 | 13,831,368 | |
Getty Realty Corp. | 62,136 | 1,808,779 | |
Gladstone Commercial Corp. | 76,606 | 1,525,225 | |
Gladstone Land Corp. (a) | 23,552 | 322,662 | |
Global Medical REIT, Inc. | 12,930 | 123,740 | |
Global Net Lease, Inc. | 130,726 | 2,835,447 | |
Government Properties Income Trust (a) | 190,011 | 3,213,086 | |
Gramercy Property Trust | 292,778 | 8,007,478 | |
HCP, Inc. | 908,266 | 24,550,430 | |
Healthcare Realty Trust, Inc. | 262,572 | 8,129,229 | |
Healthcare Trust of America, Inc. | 387,197 | 11,062,218 | |
Hersha Hospitality Trust | 71,283 | 1,682,279 | |
Highwoods Properties, Inc. (SBI) | 185,987 | 9,250,993 | |
Hospitality Properties Trust (SBI) | 312,543 | 9,060,622 | |
Host Hotels & Resorts, Inc. | 1,420,155 | 30,575,937 | |
Hudson Pacific Properties, Inc. | 313,901 | 10,622,410 | |
Independence Realty Trust, Inc. | 140,119 | 1,447,429 | |
Industrial Logistics Properties Trust | 67,268 | 1,619,141 | |
InfraReit, Inc. | 82,809 | 1,729,880 | |
Investors Real Estate Trust | 202,786 | 1,105,184 | |
Invitation Homes, Inc. | 549,647 | 12,845,250 | |
Iron Mountain, Inc. | 538,602 | 19,443,532 | |
iStar Financial, Inc. (a) | 129,923 | 1,453,838 | |
JBG SMITH Properties | 197,137 | 7,384,752 | |
Jernigan Capital, Inc. | 21,201 | 424,232 | |
Kilroy Realty Corp. | 183,382 | 13,412,559 | |
Kimco Realty Corp. | 819,855 | 14,027,719 | |
Kite Realty Group Trust | 170,320 | 2,977,194 | |
Lamar Advertising Co. Class A | 159,840 | 12,315,672 | |
LaSalle Hotel Properties (SBI) | 206,162 | 7,238,348 | |
Lexington Corporate Properties Trust | 399,211 | 3,728,631 | |
Liberty Property Trust (SBI) | 291,830 | 12,767,563 | |
Life Storage, Inc. | 90,026 | 8,786,538 | |
LTC Properties, Inc. | 76,598 | 3,557,977 | |
Mack-Cali Realty Corp. | 182,244 | 3,980,209 | |
MedEquities Realty Trust, Inc. | 56,982 | 610,277 | |
Medical Properties Trust, Inc. | 763,546 | 11,491,367 | |
Mid-America Apartment Communities, Inc. | 219,168 | 22,697,038 | |
Monmouth Real Estate Investment Corp. Class A | 144,924 | 2,520,228 | |
National Health Investors, Inc. | 85,662 | 6,788,714 | |
National Retail Properties, Inc. | 290,818 | 13,403,802 | |
National Storage Affiliates Trust | 107,421 | 3,046,460 | |
New Senior Investment Group, Inc. | 149,321 | 946,695 | |
NexPoint Residential Trust, Inc. | 32,020 | 1,034,246 | |
NorthStar Realty Europe Corp. | 99,105 | 1,359,721 | |
Omega Healthcare Investors, Inc. (a) | 384,407 | 12,704,651 | |
One Liberty Properties, Inc. | 42,541 | 1,224,755 | |
Outfront Media, Inc. | 278,838 | 5,540,511 | |
Paramount Group, Inc. | 417,609 | 6,631,631 | |
Park Hotels & Resorts, Inc. | 384,706 | 12,868,416 | |
Pebblebrook Hotel Trust (a) | 134,429 | 5,190,304 | |
Pennsylvania Real Estate Investment Trust (SBI) | 137,479 | 1,402,286 | |
Physicians Realty Trust | 357,866 | 6,259,076 | |
Piedmont Office Realty Trust, Inc. Class A | 250,343 | 4,966,805 | |
Potlatch Corp. | 118,272 | 5,712,538 | |
Power (REIT) (b) | 718 | 4,344 | |
Preferred Apartment Communities, Inc. Class A | 81,117 | 1,445,505 | |
Prologis, Inc. | 1,217,790 | 81,811,132 | |
PS Business Parks, Inc. | 42,672 | 5,565,709 | |
Public Storage | 290,191 | 61,688,803 | |
QTS Realty Trust, Inc. Class A | 103,526 | 4,734,244 | |
Ramco-Gershenson Properties Trust (SBI) | 161,970 | 2,261,101 | |
Rayonier, Inc. | 246,837 | 8,597,333 | |
Realty Income Corp. | 540,503 | 31,657,261 | |
Regency Centers Corp. | 280,156 | 18,498,701 | |
Retail Opportunity Investments Corp. | 207,087 | 4,087,897 | |
Retail Properties America, Inc. | 409,657 | 5,214,934 | |
Rexford Industrial Realty, Inc. | 174,524 | 5,672,030 | |
RLJ Lodging Trust | 347,260 | 7,608,467 | |
Ryman Hospitality Properties, Inc. | 99,071 | 8,790,570 | |
Sabra Health Care REIT, Inc. | 356,789 | 8,413,085 | |
Safety Income and Growth, Inc. | 12,370 | 204,105 | |
Saul Centers, Inc. | 23,905 | 1,434,300 | |
SBA Communications Corp. Class A (b) | 220,984 | 34,303,346 | |
Select Income REIT | 130,864 | 2,689,255 | |
Senior Housing Properties Trust (SBI) | 490,704 | 9,377,353 | |
Seritage Growth Properties (a) | 55,673 | 2,866,046 | |
Simon Property Group, Inc. | 597,704 | 109,397,763 | |
SL Green Realty Corp. | 168,216 | 17,561,750 | |
Sotherly Hotels, Inc. | 2,721 | 20,054 | |
Spirit MTA REIT (a) | 83,110 | 890,939 | |
Spirit Realty Capital, Inc. | 780,634 | 6,533,907 | |
Stag Industrial, Inc. | 200,184 | 5,779,312 | |
Store Capital Corp. | 322,243 | 9,283,821 | |
Summit Hotel Properties, Inc. | 229,907 | 3,156,623 | |
Sun Communities, Inc. | 161,888 | 16,703,604 | |
Sunstone Hotel Investors, Inc. | 432,350 | 7,254,833 | |
Tanger Factory Outlet Centers, Inc. (a) | 177,740 | 4,276,424 | |
Taubman Centers, Inc. | 118,985 | 7,687,621 | |
Terreno Realty Corp. | 97,945 | 3,762,067 | |
The GEO Group, Inc. | 235,799 | 5,982,221 | |
The Macerich Co. | 210,709 | 12,377,047 | |
TIER REIT, Inc. | 108,647 | 2,590,144 | |
UDR, Inc. | 504,145 | 20,150,676 | |
UMH Properties, Inc. | 79,886 | 1,274,981 | |
Uniti Group, Inc. (a) | 323,922 | 6,744,056 | |
Universal Health Realty Income Trust (SBI) | 38,916 | 2,967,345 | |
Urban Edge Properties | 212,899 | 4,866,871 | |
Urstadt Biddle Properties, Inc. Class A | 92,798 | 2,111,155 | |
Ventas, Inc. | 689,548 | 41,283,239 | |
VEREIT, Inc. | 1,855,911 | 14,513,224 | |
Vornado Realty Trust | 332,081 | 25,570,237 | |
Washington Prime Group, Inc. | 352,285 | 2,726,686 | |
Washington REIT (SBI) | 155,354 | 4,902,972 | |
Weingarten Realty Investors (SBI) | 250,007 | 7,732,717 | |
Welltower, Inc. | 717,418 | 47,858,955 | |
Weyerhaeuser Co. | 1,456,578 | 50,557,822 | |
Wheeler REIT, Inc. (a) | 6,770 | 37,303 | |
Whitestone REIT Class B | 105,336 | 1,436,783 | |
WP Carey, Inc. | 215,291 | 14,334,075 | |
Xenia Hotels & Resorts, Inc. | 197,955 | 4,802,388 | |
2,040,749,490 | |||
Real Estate Management & Development - 0.1% | |||
Altisource Portfolio Solutions SA (a)(b) | 18,423 | 665,991 | |
Boston Omaha Corp. (a)(b) | 13,217 | 343,113 | |
CBRE Group, Inc. (b) | 576,875 | 28,157,269 | |
Consolidated-Tomoka Land Co. | 8,081 | 507,325 | |
Forestar Group, Inc. (a)(b) | 22,360 | 574,652 | |
FRP Holdings, Inc. (b) | 11,702 | 764,141 | |
HFF, Inc. | 77,093 | 3,500,793 | |
Howard Hughes Corp. (b) | 76,123 | 9,924,156 | |
Jones Lang LaSalle, Inc. | 85,898 | 13,101,163 | |
Kennedy-Wilson Holdings, Inc. | 251,133 | 5,386,803 | |
Marcus & Millichap, Inc. (b) | 26,096 | 950,155 | |
Maui Land & Pineapple, Inc. (b) | 31,310 | 397,637 | |
RE/MAX Holdings, Inc. | 32,840 | 1,617,370 | |
Realogy Holdings Corp. (a) | 250,072 | 5,349,040 | |
Redfin Corp. (a)(b) | 130,022 | 2,575,736 | |
Retail Value, Inc. (b) | 29,276 | 1,045,739 | |
Stratus Properties, Inc. (b) | 12,801 | 389,150 | |
Tejon Ranch Co. (b) | 29,778 | 661,965 | |
The St. Joe Co. (a)(b) | 125,813 | 2,163,984 | |
Transcontinental Realty Investors, Inc. (b) | 20,697 | 628,982 | |
Trinity Place Holdings, Inc. (b) | 7,019 | 42,816 | |
VICI Properties, Inc. | 138,928 | 2,904,984 | |
81,652,964 | |||
TOTAL REAL ESTATE | 2,122,402,454 | ||
TELECOMMUNICATION SERVICES - 1.7% | |||
Diversified Telecommunication Services - 1.6% | |||
Alaska Communication Systems Group, Inc. (b) | 135,810 | 267,546 | |
AT&T, Inc. | 14,049,911 | 448,754,157 | |
Atlantic Tele-Network, Inc. | 20,159 | 1,476,244 | |
Bandwidth, Inc. (b) | 11,272 | 513,552 | |
CenturyLink, Inc. | 1,904,600 | 40,682,256 | |
Cincinnati Bell, Inc. (b) | 118,793 | 1,544,309 | |
Cogent Communications Group, Inc. | 79,491 | 4,348,158 | |
Consolidated Communications Holdings, Inc. (a) | 126,066 | 1,488,839 | |
Frontier Communications Corp. (a) | 161,811 | 841,417 | |
Globalstar, Inc. (a)(b) | 800,187 | 408,015 | |
IDT Corp. Class B | 44,765 | 236,807 | |
Iridium Communications, Inc. (a)(b) | 166,538 | 3,372,395 | |
Ooma, Inc. (b) | 37,459 | 599,344 | |
ORBCOMM, Inc. (b) | 147,877 | 1,595,593 | |
Pareteum Corp. (a)(b) | 88,901 | 245,367 | |
PDVWireless, Inc. (b) | 18,833 | 565,932 | |
Verizon Communications, Inc. | 7,989,834 | 434,407,275 | |
Vonage Holdings Corp. (b) | 424,318 | 6,016,829 | |
WideOpenWest, Inc. (a)(b) | 35,967 | 419,016 | |
Windstream Holdings, Inc. (a)(b) | 76,326 | 359,495 | |
Zayo Group Holdings, Inc. (b) | 360,743 | 12,503,352 | |
960,645,898 | |||
Wireless Telecommunication Services - 0.1% | |||
Airgain, Inc. (a)(b) | 9,732 | 115,811 | |
Boingo Wireless, Inc. (b) | 90,549 | 2,995,361 | |
NII Holdings, Inc. (a)(b) | 192,173 | 1,103,073 | |
Shenandoah Telecommunications Co. | 92,579 | 3,531,889 | |
Spok Holdings, Inc. | 43,148 | 662,322 | |
Sprint Corp. (a)(b) | 1,344,786 | 8,216,642 | |
T-Mobile U.S., Inc. (b) | 569,092 | 37,582,836 | |
Telephone & Data Systems, Inc. | 174,990 | 5,256,700 | |
U.S. Cellular Corp. (b) | 27,310 | 1,167,776 | |
60,632,410 | |||
TOTAL TELECOMMUNICATION SERVICES | 1,021,278,308 | ||
UTILITIES - 2.8% | |||
Electric Utilities - 1.6% | |||
Allete, Inc. | 104,493 | 7,845,334 | |
Alliant Energy Corp. | 441,042 | 18,894,239 | |
American Electric Power Co., Inc. | 941,624 | 67,542,690 | |
Duke Energy Corp. | 1,356,125 | 110,171,595 | |
Edison International | 630,951 | 41,472,409 | |
El Paso Electric Co. | 80,794 | 4,952,672 | |
Entergy Corp. | 343,175 | 28,685,998 | |
Evergy, Inc. | 516,234 | 29,451,150 | |
Eversource Energy | 609,178 | 38,030,983 | |
Exelon Corp. | 1,852,392 | 80,968,054 | |
FirstEnergy Corp. | 868,107 | 32,449,840 | |
Genie Energy Ltd. Class B | 24,074 | 130,240 | |
Hawaiian Electric Industries, Inc. | 219,652 | 7,747,126 | |
IDACORP, Inc. | 102,567 | 10,036,181 | |
MGE Energy, Inc. | 72,899 | 4,771,240 | |
NextEra Energy, Inc. | 906,065 | 154,121,657 | |
OGE Energy Corp. | 377,699 | 13,910,654 | |
Otter Tail Corp. | 81,371 | 3,897,671 | |
PG&E Corp. | 996,068 | 45,998,420 | |
Pinnacle West Capital Corp. | 223,339 | 17,543,278 | |
PNM Resources, Inc. | 156,967 | 6,113,865 | |
Portland General Electric Co. | 174,192 | 8,082,509 | |
PPL Corp. | 1,360,295 | 40,455,173 | |
Southern Co. | 1,956,907 | 85,673,388 | |
Spark Energy, Inc. Class A, (a) | 24,582 | 216,322 | |
Vistra Energy Corp. (b) | 709,045 | 16,690,919 | |
Xcel Energy, Inc. | 983,494 | 47,256,887 | |
923,110,494 | |||
Gas Utilities - 0.2% | |||
Atmos Energy Corp. | 227,360 | 20,969,413 | |
Chesapeake Utilities Corp. | 32,292 | 2,777,112 | |
National Fuel Gas Co. | 165,416 | 9,185,550 | |
New Jersey Resources Corp. | 166,205 | 7,578,948 | |
Northwest Natural Gas Co. | 62,093 | 4,029,836 | |
ONE Gas, Inc. | 101,493 | 7,970,245 | |
RGC Resources, Inc. | 6,537 | 176,041 | |
South Jersey Industries, Inc. (a) | 159,735 | 5,300,007 | |
Southwest Gas Holdings, Inc. | 93,395 | 7,221,301 | |
Spire, Inc. | 102,174 | 7,617,072 | |
UGI Corp. | 328,308 | 17,745,047 | |
90,570,572 | |||
Independent Power and Renewable Electricity Producers - 0.1% | |||
NRG Energy, Inc. | 571,503 | 20,225,491 | |
NRG Yield, Inc.: | |||
Class A | 44,523 | 876,658 | |
Class C | 167,464 | 3,324,160 | |
Ormat Technologies, Inc. | 74,908 | 3,943,906 | |
Pattern Energy Group, Inc. (a) | 171,450 | 3,494,151 | |
Terraform Power, Inc. | 103,630 | 1,158,583 | |
The AES Corp. | 1,264,774 | 17,023,858 | |
50,046,807 | |||
Multi-Utilities - 0.8% | |||
Ameren Corp. | 468,043 | 29,594,359 | |
Avangrid, Inc. | 138,427 | 6,829,988 | |
Avista Corp. | 128,677 | 6,602,417 | |
Black Hills Corp. (a) | 101,787 | 5,990,165 | |
CenterPoint Energy, Inc. | 820,763 | 22,809,004 | |
CMS Energy Corp. | 535,500 | 26,368,020 | |
Consolidated Edison, Inc. | 595,082 | 46,969,822 | |
Dominion Resources, Inc. | 1,260,445 | 89,201,693 | |
DTE Energy Co. | 343,228 | 38,146,360 | |
MDU Resources Group, Inc. | 379,742 | 10,591,004 | |
NiSource, Inc. | 663,795 | 17,968,931 | |
NorthWestern Energy Corp. | 103,581 | 6,210,717 | |
Public Service Enterprise Group, Inc. | 967,507 | 50,648,991 | |
SCANA Corp. | 278,583 | 10,680,872 | |
Sempra Energy (a) | 509,240 | 59,112,579 | |
Unitil Corp. | 58,643 | 2,964,404 | |
Vectren Corp. | 159,198 | 11,334,898 | |
WEC Energy Group, Inc. | 600,251 | 40,564,963 | |
482,589,187 | |||
Water Utilities - 0.1% | |||
American States Water Co. | 72,116 | 4,357,970 | |
American Water Works Co., Inc. | 337,468 | 29,538,574 | |
Aqua America, Inc. | 365,029 | 13,571,778 | |
AquaVenture Holdings Ltd. (b) | 20,099 | 365,400 | |
Artesian Resources Corp. Class A | 60,277 | 2,165,753 | |
Cadiz, Inc. (a)(b) | 46,921 | 450,442 | |
California Water Service Group | 95,596 | 3,933,775 | |
Connecticut Water Service, Inc. | 31,367 | 2,148,953 | |
Middlesex Water Co. | 39,650 | 1,815,970 | |
Pure Cycle Corp. (b) | 17,116 | 192,555 | |
Select Energy Services, Inc. Class A (b) | 113,670 | 1,551,596 | |
SJW Corp. | 29,404 | 1,702,786 | |
York Water Co. | 40,150 | 1,208,515 | |
63,004,067 | |||
TOTAL UTILITIES | 1,609,321,127 | ||
TOTAL COMMON STOCKS | |||
(Cost $34,330,940,945) | 57,902,307,525 | ||
Principal Amount | Value | ||
U.S. Treasury Obligations - 0.0% | |||
U.S. Treasury Bills, yield at date of purchase 2.07% 1/3/19 (d) | |||
(Cost $5,957,592) | 6,000,000 | 5,957,196 | |
Shares | Value | ||
Money Market Funds - 3.7% | |||
Fidelity Cash Central Fund, 1.97% (e) | 307,770,942 | $307,832,496 | |
Fidelity Securities Lending Cash Central Fund 1.98% (e)(f) | 1,825,342,706 | 1,825,525,241 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $2,133,260,068) | 2,133,357,737 | ||
TOTAL INVESTMENT IN SECURITIES - 103.4% | |||
(Cost $36,470,158,605) | 60,041,622,458 | ||
NET OTHER ASSETS (LIABILITIES) - (3.4)% | (2,000,413,049) | ||
NET ASSETS - 100% | $58,041,209,409 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
CME E-mini Russell 2000 Index Contracts (United States) | 147 | Sept. 2018 | $12,793,410 | $565,066 | $565,066 |
CME E-mini S&P 500 Index Contracts (United States) | 599 | Sept. 2018 | 86,917,895 | 4,527,991 | 4,527,991 |
CME E-mini S&P MidCap 400 Index Contracts (United States) | 32 | Sept. 2018 | 6,545,920 | 243,778 | 243,778 |
TOTAL FUTURES CONTRACTS | $5,336,835 |
The notional amount of futures purchased as a percentage of Net Assets is 0.2%
Legend
(a) Security or a portion of the security is on loan at period end.
(b) Non-income producing
(c) Level 3 security
(d) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $5,957,196.
(e) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
(f) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $1,361,208 |
Fidelity Securities Lending Cash Central Fund | 6,954,115 |
Total | $8,315,323 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations if applicable.
Investment Valuation
The following is a summary of the inputs used, as of August 31, 2018, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
Investments in Securities: | ||||
Equities: | ||||
Consumer Discretionary | $7,604,125,980 | $7,604,125,980 | $-- | $-- |
Consumer Staples | 3,485,437,063 | 3,485,437,063 | -- | -- |
Energy | 3,229,447,104 | 3,229,447,104 | -- | -- |
Financials | 8,237,523,499 | 8,237,523,499 | -- | -- |
Health Care | 8,270,622,371 | 8,269,819,671 | -- | 802,700 |
Industrials | 5,958,058,160 | 5,958,058,160 | -- | -- |
Information Technology | 14,663,513,560 | 14,663,513,560 | -- | -- |
Materials | 1,700,577,899 | 1,700,474,715 | -- | 103,184 |
Real Estate | 2,122,402,454 | 2,122,402,454 | -- | -- |
Telecommunication Services | 1,021,278,308 | 1,021,278,308 | -- | -- |
Utilities | 1,609,321,127 | 1,609,321,127 | -- | -- |
U.S. Government and Government Agency Obligations | 5,957,196 | -- | 5,957,196 | -- |
Money Market Funds | 2,133,357,737 | 2,133,357,737 | -- | -- |
Total Investments in Securities: | $60,041,622,458 | $60,034,759,378 | $5,957,196 | $905,884 |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | $5,336,835 | $5,336,835 | $-- | $-- |
Total Assets | $5,336,835 | $5,336,835 | $-- | $-- |
Total Derivative Instruments: | $5,336,835 | $5,336,835 | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of August 31, 2018. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
Equity Risk | ||
Futures Contracts(a) | $5,336,835 | $0 |
Total Equity Risk | 5,336,835 | 0 |
Total Value of Derivatives | $5,336,835 | $0 |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in net unrealized appreciation (depreciation).
See accompanying notes which are an integral part of the financial statements.
Fidelity® Total Market Index Fund
Financial Statements
Statement of Assets and Liabilities
August 31, 2018 (Unaudited) | ||
Assets | ||
Investment in securities, at value (including securities loaned of $1,785,418,856) — See accompanying schedule: Unaffiliated issuers (cost $34,336,898,537) | $57,908,264,721 | |
Fidelity Central Funds (cost $2,133,260,068) | 2,133,357,737 | |
Total Investment in Securities (cost $36,470,158,605) | $60,041,622,458 | |
Segregated cash with brokers for derivative instruments | 8,720,656 | |
Cash | 9,438,923 | |
Receivable for fund shares sold | 65,862,664 | |
Dividends receivable | 94,694,052 | |
Distributions receivable from Fidelity Central Funds | 1,334,076 | |
Receivable for daily variation margin on futures contracts | 210,927 | |
Other receivables | 614,840 | |
Total assets | 60,222,498,596 | |
Liabilities | ||
Payable for investments purchased | $49,191,017 | |
Payable for fund shares redeemed | 305,481,434 | |
Accrued management fee | 707,464 | |
Other payables and accrued expenses | 895,166 | |
Collateral on securities loaned | 1,825,014,106 | |
Total liabilities | 2,181,289,187 | |
Net Assets | $58,041,209,409 | |
Net Assets consist of: | ||
Paid in capital | $33,983,028,655 | |
Undistributed net investment income | 490,441,785 | |
Accumulated undistributed net realized gain (loss) on investments | (9,061,719) | |
Net unrealized appreciation (depreciation) on investments | 23,576,800,688 | |
Net Assets | $58,041,209,409 | |
Investor Class: | ||
Net Asset Value, offering price and redemption price per share ($896,095,874 ÷ 10,667,382 shares) | $84.00 | |
Premium Class: | ||
Net Asset Value, offering price and redemption price per share ($30,147,015,917 ÷ 358,832,234 shares) | $84.01 | |
Institutional Class: | ||
Net Asset Value, offering price and redemption price per share ($3,777,134,844 ÷ 44,963,568 shares) | $84.00 | |
Institutional Premium Class: | ||
Net Asset Value, offering price and redemption price per share ($8,884,841,017 ÷ 105,771,661 shares) | $84.00 | |
Class F: | ||
Net Asset Value, offering price and redemption price per share ($14,336,121,757 ÷ 170,618,002 shares) | $84.02 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
Six months ended August 31, 2018 (Unaudited) | ||
Investment Income | ||
Dividends | $490,626,239 | |
Interest | 46,977 | |
Income from Fidelity Central Funds (including $6,954,115 from security lending) | 8,315,323 | |
Total income | 498,988,539 | |
Expenses | ||
Management fee | $4,005,590 | |
Transfer agent fees | 2,802,870 | |
Independent trustees' fees and expenses | 131,478 | |
Legal | 3,348 | |
Interest | 16,268 | |
Commitment fees | 71,142 | |
Total expenses before reductions | 7,030,696 | |
Expense reductions | (6,402) | |
Total expenses after reductions | 7,024,294 | |
Net investment income (loss) | 491,964,245 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | 129,861,925 | |
Fidelity Central Funds | (16,578) | |
Futures contracts | 12,178,931 | |
Total net realized gain (loss) | 142,024,278 | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | 4,071,504,045 | |
Fidelity Central Funds | (13,648) | |
Futures contracts | 1,169,644 | |
Total change in net unrealized appreciation (depreciation) | 4,072,660,041 | |
Net gain (loss) | 4,214,684,319 | |
Net increase (decrease) in net assets resulting from operations | $4,706,648,564 |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
Six months ended August 31, 2018 (Unaudited) | Year ended February 28, 2018 | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net investment income (loss) | $491,964,245 | $830,794,882 |
Net realized gain (loss) | 142,024,278 | 310,972,014 |
Change in net unrealized appreciation (depreciation) | 4,072,660,041 | 5,665,452,634 |
Net increase (decrease) in net assets resulting from operations | 4,706,648,564 | 6,807,219,530 |
Distributions to shareholders from net investment income | (167,025,734) | (778,723,850) |
Distributions to shareholders from net realized gain | (10,522,734) | (315,859,948) |
Total distributions | (177,548,468) | (1,094,583,798) |
Share transactions - net increase (decrease) | 3,339,415,507 | 4,369,390,868 |
Total increase (decrease) in net assets | 7,868,515,603 | 10,082,026,600 |
Net Assets | ||
Beginning of period | 50,172,693,806 | 40,090,667,206 |
End of period | $58,041,209,409 | $50,172,693,806 |
Other Information | ||
Undistributed net investment income end of period | $490,441,785 | $165,503,274 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity Total Market Index Fund Investor Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $77.43 | $68.20 | $55.32 | $61.58 | $54.91 | $44.05 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .71 | 1.30 | 1.20 | 1.13 | 1.10 | .92 |
Net realized and unrealized gain (loss) | 6.12 | 9.65 | 13.20 | (5.97) | 6.51 | 10.74 |
Total from investment operations | 6.83 | 10.95 | 14.40 | (4.84) | 7.61 | 11.66 |
Distributions from net investment income | (.24) | (1.21) | (1.13) | (1.11) | (.94) | (.80) |
Distributions from net realized gain | (.02) | (.51) | (.39) | (.31) | – | – |
Total distributions | (.26) | (1.72) | (1.52) | (1.42) | (.94) | (.80) |
Redemption fees added to paid in capitalB | – | – | –C | –C | –C | –C |
Net asset value, end of period | $84.00 | $77.43 | $68.20 | $55.32 | $61.58 | $54.91 |
Total ReturnD,E | 8.85% | 16.16% | 26.22% | (7.96)% | 13.94% | 26.62% |
Ratios to Average Net AssetsF,G | ||||||
Expenses before reductions | .08%H | .09% | .09% | .10% | .10% | .10% |
Expenses net of fee waivers, if any | .08%H | .09% | .09% | .10% | .10% | .10% |
Expenses net of all reductions | .08%H | .09% | .09% | .10% | .10% | .10% |
Net investment income (loss) | 1.79%H | 1.79% | 1.96% | 1.90% | 1.91% | 1.85% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $896,096 | $794,446 | $736,989 | $1,932,568 | $1,943,259 | $1,694,212 |
Portfolio turnover rateI | 5%H | 2% | 4% | 3% | 2% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Amount represents less than $.005 per share.
D Total returns for periods of less than one year are not annualized.
E Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
F Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
G Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
H Annualized
I Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
See accompanying notes which are an integral part of the financial statements.
Fidelity Total Market Index Fund Premium Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $77.44 | $68.20 | $55.32 | $61.59 | $54.91 | $44.06 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .73 | 1.34 | 1.25 | 1.16 | 1.13 | .94 |
Net realized and unrealized gain (loss) | 6.11 | 9.66 | 13.18 | (5.98) | 6.52 | 10.73 |
Total from investment operations | 6.84 | 11.00 | 14.43 | (4.82) | 7.65 | 11.67 |
Distributions from net investment income | (.25) | (1.25) | (1.16) | (1.14) | (.97) | (.82) |
Distributions from net realized gain | (.02) | (.51) | (.39) | (.31) | – | – |
Total distributions | (.27) | (1.76) | (1.55) | (1.45) | (.97) | (.82) |
Redemption fees added to paid in capitalB | – | – | –C | –C | –C | –C |
Net asset value, end of period | $84.01 | $77.44 | $68.20 | $55.32 | $61.59 | $54.91 |
Total ReturnD,E | 8.87% | 16.23% | 26.28% | (7.92)% | 14.02% | 26.65% |
Ratios to Average Net AssetsF,G | ||||||
Expenses before reductions | .03%H | .04% | .05% | .07% | .07% | .07% |
Expenses net of fee waivers, if any | .03%H | .04% | .05% | .05% | .05% | .06% |
Expenses net of all reductions | .03%H | .04% | .05% | .05% | .05% | .06% |
Net investment income (loss) | 1.83%H | 1.84% | 2.00% | 1.95% | 1.96% | 1.89% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $30,147,016 | $27,441,887 | $23,288,507 | $18,866,595 | $18,860,117 | $14,943,835 |
Portfolio turnover rateI | 5%H | 2% | 4% | 3% | 2% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Amount represents less than $.005 per share.
D Total returns for periods of less than one year are not annualized.
E Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
F Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
G Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
H Annualized
I Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
See accompanying notes which are an integral part of the financial statements.
Fidelity Total Market Index Fund Institutional Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $77.43 | $68.19 | $55.31 | $61.58 | $54.91 | $44.05 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .73 | 1.34 | 1.26 | 1.17 | 1.13 | .94 |
Net realized and unrealized gain (loss) | 6.11 | 9.66 | 13.18 | (5.98) | 6.52 | 10.75 |
Total from investment operations | 6.84 | 11.00 | 14.44 | (4.81) | 7.65 | 11.69 |
Distributions from net investment income | (.25) | (1.25) | (1.16) | (1.15) | (.98) | (.83) |
Distributions from net realized gain | (.02) | (.51) | (.39) | (.31) | – | – |
Total distributions | (.27) | (1.76) | (1.56)C | (1.46) | (.98) | (.83) |
Redemption fees added to paid in capitalB | – | – | –D | –D | –D | –D |
Net asset value, end of period | $84.00 | $77.43 | $68.19 | $55.31 | $61.58 | $54.91 |
Total ReturnE,F | 8.87% | 16.24% | 26.30% | (7.92)% | 14.01% | 26.69% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .03%I | .03% | .05% | .07% | .07% | .07% |
Expenses net of fee waivers, if any | .03%I | .03% | .04% | .04% | .04% | .05% |
Expenses net of all reductions | .03%I | .03% | .04% | .04% | .04% | .05% |
Net investment income (loss) | 1.84%I | 1.85% | 2.01% | 1.96% | 1.97% | 1.90% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $3,777,135 | $3,341,899 | $2,345,441 | $1,199,719 | $1,307,281 | $1,254,047 |
Portfolio turnover rateJ | 5%I | 2% | 4% | 3% | 2% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $1.56 per share is comprised of distributions from net investment income of $1.162 and distributions from net realized gain of $.393 per share.
D Amount represents less than $.005 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
See accompanying notes which are an integral part of the financial statements.
Fidelity Total Market Index Fund Institutional Premium Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $77.42 | $68.19 | $55.31 | $61.58 | $54.90 | $44.05 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .73 | 1.36 | 1.28 | 1.17 | 1.14 | .95 |
Net realized and unrealized gain (loss) | 6.12 | 9.65 | 13.17 | (5.98) | 6.52 | 10.73 |
Total from investment operations | 6.85 | 11.01 | 14.45 | (4.81) | 7.66 | 11.68 |
Distributions from net investment income | (.26) | (1.27) | (1.17) | (1.15) | (.98) | (.83) |
Distributions from net realized gain | (.02) | (.51) | (.39) | (.31) | – | – |
Total distributions | (.27)C | (1.78) | (1.57)D | (1.46) | (.98) | (.83) |
Redemption fees added to paid in capitalB | – | – | –E | –E | –E | –E |
Net asset value, end of period | $84.00 | $77.42 | $68.19 | $55.31 | $61.58 | $54.90 |
Total ReturnF,G | 8.89% | 16.25% | 26.32% | (7.91)% | 14.04% | 26.67% |
Ratios to Average Net AssetsH,I | ||||||
Expenses before reductions | .02%J | .02% | .02% | .05% | .04% | .06% |
Expenses net of fee waivers, if any | .02%J | .02% | .02% | .04% | .04% | .05% |
Expenses net of all reductions | .02%J | .02% | .02% | .04% | .04% | .05% |
Net investment income (loss) | 1.85%J | 1.86% | 2.02% | 1.97% | 1.97% | 1.90% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $8,884,841 | $6,114,864 | $4,684,669 | $800,304 | $1,022,585 | $740,877 |
Portfolio turnover rateK | 5%J | 2% | 4% | 3% | 2% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $.27 per share is comprised of distributions from net investment income of $.257 and distributions from net realized gain of $.016 per share.
D Total distributions of $1.57 per share is comprised of distributions from net investment income of $1.173 and distributions from net realized gain of $.393 per share.
E Amount represents less than $.005 per share.
F Total returns for periods of less than one year are not annualized.
G Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
H Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
I Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
J Annualized
K Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
See accompanying notes which are an integral part of the financial statements.
Fidelity Total Market Index Fund Class F
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $77.45 | $68.21 | $55.32 | $61.59 | $54.92 | $44.06 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .73 | 1.36 | 1.26 | 1.17 | 1.14 | .95 |
Net realized and unrealized gain (loss) | 6.11 | 9.66 | 13.20 | (5.98) | 6.51 | 10.74 |
Total from investment operations | 6.84 | 11.02 | 14.46 | (4.81) | 7.65 | 11.69 |
Distributions from net investment income | (.26) | (1.27) | (1.17) | (1.15) | (.98) | (.83) |
Distributions from net realized gain | (.02) | (.51) | (.39) | (.31) | – | – |
Total distributions | (.27)C | (1.78) | (1.57)D | (1.46) | (.98) | (.83) |
Redemption fees added to paid in capitalB | – | – | –E | –E | –E | –E |
Net asset value, end of period | $84.02 | $77.45 | $68.21 | $55.32 | $61.59 | $54.92 |
Total ReturnF,G | 8.87% | 16.26% | 26.33% | (7.91)% | 14.01% | 26.69% |
Ratios to Average Net AssetsH,I | ||||||
Expenses before reductions | .02%J | .02% | .02% | .04% | .04% | .05% |
Expenses net of fee waivers, if any | .02%J | .02% | .02% | .04% | .04% | .05% |
Expenses net of all reductions | .02%J | .02% | .02% | .04% | .04% | .05% |
Net investment income (loss) | 1.85%J | 1.86% | 2.02% | 1.97% | 1.97% | 1.90% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $14,336,122 | $12,479,597 | $9,035,061 | $6,659,560 | $6,368,808 | $5,088,489 |
Portfolio turnover rateK | 5%J | 2% | 4% | 3% | 2% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $.27 per share is comprised of distributions from net investment income of $.257 and distributions from net realized gain of $.016 per share.
D Total distributions of $1.57 per share is comprised of distributions from net investment income of $1.173 and distributions from net realized gain of $.393 per share.
E Amount represents less than $.005 per share.
F Total returns for periods of less than one year are not annualized.
G Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
H Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
I Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
J Annualized
K Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
See accompanying notes which are an integral part of the financial statements.
Fidelity® Extended Market Index Fund
Investment Summary (Unaudited)
Top Ten Stocks as of August 31, 2018
% of fund's net assets | |
Tesla, Inc. | 0.8 |
ServiceNow, Inc. | 0.7 |
Worldpay, Inc. | 0.6 |
Square, Inc. | 0.5 |
Las Vegas Sands Corp. | 0.5 |
Workday, Inc. Class A | 0.4 |
Palo Alto Networks, Inc. | 0.4 |
T-Mobile U.S., Inc. | 0.4 |
Dell Technologies, Inc. | 0.4 |
Splunk, Inc. | 0.4 |
5.1 |
Top Market Sectors as of August 31, 2018
% of fund's net assets | |
Information Technology | 19.8 |
Financials | 16.3 |
Consumer Discretionary | 14.1 |
Industrials | 13.5 |
Health Care | 12.7 |
Real Estate | 8.0 |
Materials | 5.0 |
Energy | 4.3 |
Consumer Staples | 2.8 |
Utilities | 2.5 |
Fidelity® Extended Market Index Fund
Schedule of Investments August 31, 2018 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 99.9% | |||
Shares | Value | ||
CONSUMER DISCRETIONARY - 14.1% | |||
Auto Components - 1.2% | |||
Adient PLC (a) | 415,157 | $17,972,147 | |
American Axle & Manufacturing Holdings, Inc. (a)(b) | 446,529 | 7,908,029 | |
Autoliv, Inc. (a) | 389,696 | 34,718,017 | |
CDTi Advanced Materials, Inc. (a)(b) | 23,121 | 8,786 | |
Cooper Tire & Rubber Co. | 226,038 | 6,521,196 | |
Cooper-Standard Holding, Inc. (b) | 73,338 | 10,152,179 | |
Dana Holding Corp. | 655,624 | 12,830,562 | |
Delphi Technologies PLC | 395,514 | 13,933,958 | |
Dorman Products, Inc. (a)(b) | 134,628 | 10,902,175 | |
Fox Factory Holding Corp. (b) | 169,599 | 11,202,014 | |
Gentex Corp. | 1,224,509 | 28,629,020 | |
Gentherm, Inc. (a)(b) | 166,226 | 8,178,319 | |
Hertz Global Holdings, Inc. (a)(b) | 373,428 | 6,576,067 | |
Horizon Global Corp. (a)(b) | 104,364 | 809,865 | |
LCI Industries | 113,240 | 10,525,658 | |
Lear Corp. | 294,282 | 47,732,540 | |
Modine Manufacturing Co. (b) | 227,805 | 3,838,514 | |
Motorcar Parts of America, Inc. (a)(b) | 88,120 | 2,338,705 | |
Shiloh Industries, Inc. (b) | 59,119 | 530,889 | |
Standard Motor Products, Inc. | 95,988 | 4,873,311 | |
Stoneridge, Inc. (b) | 121,984 | 3,650,981 | |
Strattec Security Corp. | 16,077 | 551,441 | |
Superior Industries International, Inc. | 101,962 | 2,212,575 | |
Sypris Solutions, Inc. (b) | 33,367 | 53,387 | |
Tenneco, Inc. | 229,232 | 9,808,837 | |
Tower International, Inc. | 96,360 | 3,256,968 | |
Unique Fabricating, Inc. (a) | 9,426 | 75,408 | |
UQM Technologies, Inc. (a)(b) | 135,330 | 162,396 | |
Veoneer, Inc. (a)(b) | 390,087 | 19,480,945 | |
Visteon Corp. (a)(b) | 131,112 | 14,473,454 | |
VOXX International Corp. (b) | 81,933 | 442,438 | |
Workhorse Group, Inc. (a)(b) | 96,155 | 98,078 | |
294,448,859 | |||
Automobiles - 0.9% | |||
REV Group, Inc. (a) | 127,715 | 2,172,432 | |
Tesla, Inc. (a)(b) | 600,021 | 181,002,265 | |
Thor Industries, Inc. | 220,657 | 21,059,504 | |
Winnebago Industries, Inc. | 130,656 | 4,827,739 | |
209,061,940 | |||
Distributors - 0.2% | |||
Core-Mark Holding Co., Inc. | 210,476 | 7,528,727 | |
Educational Development Corp. | 32,392 | 388,704 | |
Pool Corp. | 182,120 | 29,915,031 | |
Weyco Group, Inc. | 33,001 | 1,170,545 | |
39,003,007 | |||
Diversified Consumer Services - 0.9% | |||
Adtalem Global Education, Inc. (b) | 269,943 | 12,916,773 | |
American Public Education, Inc. (b) | 73,999 | 2,571,465 | |
Ascent Capital Group, Inc. (b) | 46,583 | 95,495 | |
Aspen Group, Inc. (b) | 4,559 | 35,013 | |
Bridgepoint Education, Inc. (b) | 125,853 | 1,480,031 | |
Bright Horizons Family Solutions, Inc. (b) | 262,457 | 31,345,240 | |
Cambium Learning Group, Inc. (b) | 62,373 | 834,551 | |
Career Education Corp. (b) | 294,392 | 4,695,552 | |
Carriage Services, Inc. | 68,174 | 1,552,322 | |
Chegg, Inc. (a)(b) | 373,057 | 12,079,586 | |
Collectors Universe, Inc. | 36,664 | 547,394 | |
Graham Holdings Co. | 20,070 | 11,292,386 | |
Grand Canyon Education, Inc. (b) | 212,371 | 25,301,881 | |
Houghton Mifflin Harcourt Co. (b) | 454,966 | 2,934,531 | |
K12, Inc. (b) | 174,512 | 2,889,919 | |
Laureate Education, Inc. Class A (b) | 239,109 | 3,818,571 | |
Lincoln Educational Services Corp. (b) | 82,611 | 181,744 | |
National American University Holdings, Inc. | 22,806 | 20,069 | |
Regis Corp. (a)(b) | 157,058 | 3,359,471 | |
Service Corp. International | 816,351 | 34,254,088 | |
ServiceMaster Global Holdings, Inc. (b) | 607,007 | 36,584,312 | |
Sotheby's Class A (Ltd. vtg.) (a)(b) | 164,729 | 7,910,287 | |
Strategic Education, Inc. | 93,644 | 12,994,978 | |
Universal Technical Institute, Inc. (b) | 85,915 | 233,689 | |
Weight Watchers International, Inc. (a)(b) | 164,897 | 12,350,785 | |
Xpresspa Group, Inc. (a)(b) | 92,290 | 15,929 | |
222,296,062 | |||
Hotels, Restaurants & Leisure - 3.3% | |||
ARAMARK Holdings Corp. | 1,097,334 | 45,078,481 | |
Ark Restaurants Corp. | 8,300 | 185,090 | |
Belmond Ltd. Class A (b) | 377,445 | 6,322,204 | |
BFC Financial Corp. Class A | 322,999 | 2,399,883 | |
Biglari Holdings, Inc. (b) | 449 | 430,196 | |
Biglari Holdings, Inc. (a)(b) | 4,931 | 974,119 | |
BJ's Restaurants, Inc. | 79,787 | 6,039,876 | |
Bloomin' Brands, Inc. | 408,528 | 7,884,590 | |
Bojangles', Inc. (a)(b) | 81,225 | 1,185,885 | |
Boyd Gaming Corp. | 365,028 | 13,294,320 | |
Brinker International, Inc. | 194,122 | 8,595,722 | |
Caesars Entertainment Corp. (a)(b) | 619,589 | 6,319,808 | |
Carrols Restaurant Group, Inc. (b) | 164,134 | 2,593,317 | |
Century Casinos, Inc. (b) | 117,212 | 937,696 | |
Chanticleer Holdings, Inc. (a)(b) | 9,043 | 23,060 | |
Choice Hotels International, Inc. | 161,267 | 12,586,889 | |
Churchill Downs, Inc. | 50,810 | 14,358,906 | |
Chuy's Holdings, Inc. (a)(b) | 80,703 | 2,336,352 | |
Cracker Barrel Old Country Store, Inc. (a) | 107,050 | 15,960,085 | |
Dave & Buster's Entertainment, Inc. (a)(b) | 178,667 | 10,393,059 | |
Del Frisco's Restaurant Group, Inc. (b) | 141,158 | 1,333,943 | |
Del Taco Restaurants, Inc. (b) | 165,354 | 2,138,027 | |
Denny's Corp. (b) | 300,088 | 4,522,326 | |
Dine Brands Global, Inc. (a) | 81,512 | 6,799,731 | |
Diversified Restaurant Holdings, Inc. (b) | 53,847 | 64,078 | |
Domino's Pizza, Inc. | 188,801 | 56,368,427 | |
Dover Downs Gaming & Entertainment, Inc. (a)(b) | 99,329 | 317,853 | |
Dover Motorsports, Inc. | 22,265 | 45,643 | |
Drive Shack, Inc. (a)(b) | 273,459 | 1,695,446 | |
Dunkin' Brands Group, Inc. (a) | 366,649 | 26,725,046 | |
El Pollo Loco Holdings, Inc. (a)(b) | 95,555 | 1,137,105 | |
Eldorado Resorts, Inc. (a)(b) | 270,640 | 13,004,252 | |
Empire Resorts, Inc. (b) | 9,190 | 114,416 | |
Extended Stay America, Inc. unit | 858,074 | 17,315,933 | |
Famous Dave's of America, Inc. (a)(b) | 20,722 | 137,801 | |
Fiesta Restaurant Group, Inc. (a)(b) | 124,405 | 3,576,644 | |
Flanigans Enterprises, Inc. | 1,099 | 30,663 | |
Full House Resorts, Inc. (b) | 33,775 | 103,014 | |
Gaming Partners International Corp. | 1,555 | 13,529 | |
Golden Entertainment, Inc. (a)(b) | 76,111 | 2,207,980 | |
Good Times Restaurants, Inc. (a)(b) | 40,245 | 197,201 | |
Habit Restaurants, Inc. Class A (a)(b) | 104,122 | 1,723,219 | |
Hilton Grand Vacations, Inc. (b) | 429,083 | 14,013,851 | |
Hyatt Hotels Corp. Class A | 205,010 | 15,859,574 | |
ILG, Inc. | 468,826 | 16,001,031 | |
Inspired Entertainment, Inc. (a)(b) | 65,633 | 465,994 | |
International Speedway Corp. Class A | 109,682 | 4,842,460 | |
J. Alexanders Holdings, Inc. (b) | 57,936 | 718,406 | |
Jack in the Box, Inc. | 125,955 | 11,416,561 | |
Jamba, Inc. (a)(b) | 72,308 | 938,558 | |
Kona Grill, Inc. (a)(b) | 42,354 | 108,003 | |
Las Vegas Sands Corp. | 1,620,450 | 106,009,839 | |
Lindblad Expeditions Holdings (b) | 124,865 | 1,896,699 | |
Luby's, Inc. (b) | 53,936 | 108,951 | |
Marriott Vacations Worldwide Corp. (a) | 106,632 | 12,689,208 | |
Monarch Casino & Resort, Inc. (b) | 51,970 | 2,445,189 | |
Nathan's Famous, Inc. | 14,061 | 1,247,211 | |
Noodles & Co. (a)(b) | 179,808 | 2,211,638 | |
Papa John's International, Inc. (a) | 104,923 | 4,839,049 | |
Papa Murphy's Holdings, Inc. (a)(b) | 42,478 | 235,753 | |
Peak Resorts, Inc. | 18,552 | 94,615 | |
Penn National Gaming, Inc. (a)(b) | 374,892 | 12,918,778 | |
Pinnacle Entertainment, Inc. (b) | 245,051 | 8,390,546 | |
Planet Fitness, Inc. (b) | 391,065 | 20,089,009 | |
Playa Hotels & Resorts NV (b) | 307,268 | 3,174,078 | |
PlayAGS, Inc. (a)(b) | 100,762 | 3,228,414 | |
Potbelly Corp. (a)(b) | 109,327 | 1,481,381 | |
Rave Restaurant Group, Inc. (a)(b) | 27,004 | 34,835 | |
RCI Hospitality Holdings, Inc. | 40,076 | 1,299,665 | |
Red Lion Hotels Corp. (b) | 142,774 | 1,948,865 | |
Red Robin Gourmet Burgers, Inc. (a)(b) | 58,123 | 2,400,480 | |
Red Rock Resorts, Inc. | 313,105 | 10,219,747 | |
Ruth's Hospitality Group, Inc. | 138,050 | 4,251,940 | |
Scientific Games Corp. Class A (a)(b) | 240,593 | 7,289,968 | |
SeaWorld Entertainment, Inc. (a)(b) | 301,930 | 8,852,588 | |
Shake Shack, Inc. Class A (a)(b) | 91,352 | 5,522,228 | |
Six Flags Entertainment Corp. (a) | 343,574 | 23,208,424 | |
Sonic Corp. (a) | 167,298 | 5,999,306 | |
Speedway Motorsports, Inc. | 52,361 | 936,738 | |
Texas Roadhouse, Inc. Class A | 291,972 | 20,131,469 | |
The Cheesecake Factory, Inc. (a) | 191,688 | 10,192,051 | |
The ONE Group Hospitality, Inc. (b) | 64 | 202 | |
Town Sports International Holdings, Inc. (a)(b) | 117,611 | 1,076,141 | |
U.S. Foods Holding Corp. (b) | 610,625 | 19,900,269 | |
Vail Resorts, Inc. | 180,033 | 53,658,836 | |
Wendy's Co. | 793,027 | 13,996,927 | |
Wingstop, Inc. | 134,876 | 9,029,948 | |
Wyndham Destinations, Inc. | 438,771 | 19,393,678 | |
Wyndham Hotels & Resorts, Inc. | 448,589 | 25,457,426 | |
Zoe's Kitchen, Inc. (a)(b) | 84,372 | 1,155,896 | |
788,854,238 | |||
Household Durables - 1.0% | |||
AV Homes, Inc. (a)(b) | 48,545 | 1,041,290 | |
Bassett Furniture Industries, Inc. | 44,549 | 1,040,219 | |
Beazer Homes U.S.A., Inc. (b) | 161,535 | 2,069,263 | |
Cavco Industries, Inc. (b) | 38,753 | 9,509,986 | |
Century Communities, Inc. (b) | 107,446 | 3,142,796 | |
Comstock Holding Companies, Inc. (a)(b) | 5,255 | 14,714 | |
CSS Industries, Inc. | 38,366 | 532,520 | |
Dixie Group, Inc. (b) | 52,063 | 88,507 | |
Emerson Radio Corp. (b) | 23,944 | 34,958 | |
Ethan Allen Interiors, Inc. | 120,058 | 2,671,291 | |
Flexsteel Industries, Inc. | 27,568 | 983,626 | |
GoPro, Inc. Class A (a)(b) | 488,399 | 3,130,638 | |
Green Brick Partners, Inc. (b) | 126,138 | 1,318,142 | |
Hamilton Beach Brands Holding Co. Class A | 31,310 | 724,827 | |
Helen of Troy Ltd. (b) | 118,161 | 14,055,251 | |
Hooker Furniture Corp. | 53,135 | 2,234,327 | |
Hovnanian Enterprises, Inc. Class A (a)(b) | 570,695 | 890,284 | |
Installed Building Products, Inc. (a)(b) | 93,224 | 4,339,577 | |
iRobot Corp. (a)(b) | 123,457 | 14,012,370 | |
KB Home | 384,332 | 9,550,650 | |
Koss Corp. (b) | 1,363 | 4,961 | |
La-Z-Boy, Inc. | 210,116 | 6,986,357 | |
LGI Homes, Inc. (a)(b) | 82,020 | 4,724,352 | |
Libbey, Inc. | 99,416 | 977,259 | |
Lifetime Brands, Inc. | 49,035 | 571,258 | |
Live Ventures, Inc. (a)(b) | 13,437 | 139,207 | |
M.D.C. Holdings, Inc. | 197,575 | 6,263,128 | |
M/I Homes, Inc. (b) | 126,733 | 3,283,652 | |
Meritage Homes Corp. (b) | 168,966 | 7,290,883 | |
New Home Co. LLC (a)(b) | 56,015 | 491,812 | |
Nova LifeStyle, Inc. (a)(b) | 94,559 | 168,315 | |
NVR, Inc. (b) | 15,014 | 40,064,108 | |
Roku, Inc. Class A (a) | 197,461 | 11,746,955 | |
Skyline Champion Corp. (a) | 37,140 | 1,073,717 | |
Taylor Morrison Home Corp. (b) | 490,101 | 9,537,365 | |
Tempur Sealy International, Inc. (a)(b) | 205,288 | 11,370,902 | |
Toll Brothers, Inc. | 620,900 | 22,495,207 | |
TopBuild Corp. (b) | 158,127 | 9,848,150 | |
TRI Pointe Homes, Inc. (a)(b) | 696,854 | 10,097,414 | |
Tupperware Brands Corp. | 232,323 | 7,555,144 | |
Turtle Beach Corp. (a)(b) | 30,978 | 709,706 | |
Universal Electronics, Inc. (b) | 64,631 | 2,792,059 | |
Vuzix Corp. (a)(b) | 105,859 | 688,084 | |
William Lyon Homes, Inc. (b) | 130,949 | 2,562,672 | |
Zagg, Inc. (b) | 126,039 | 2,041,832 | |
234,869,735 | |||
Internet & Direct Marketing Retail - 0.5% | |||
1-800-FLOWERS.com, Inc. Class A (b) | 149,584 | 1,802,487 | |
Blue Apron Holdings, Inc. Class A (a)(b) | 167,209 | 337,762 | |
CafePress, Inc. (b) | 18,525 | 23,527 | |
Duluth Holdings, Inc. (a)(b) | 50,523 | 1,462,136 | |
EVINE Live, Inc. (b) | 202,505 | 259,206 | |
FTD Companies, Inc. (b) | 72,589 | 259,869 | |
Gaia, Inc. Class A (b) | 63,495 | 1,111,163 | |
Groupon, Inc. (a)(b) | 1,799,969 | 7,685,868 | |
Lands' End, Inc. (a)(b) | 79,744 | 2,049,421 | |
Liberty Expedia Holdings, Inc. (b) | 243,141 | 11,220,957 | |
Liberty Interactive Corp. QVC Group Series A (b) | 1,997,862 | 41,535,551 | |
Liberty TripAdvisor Holdings, Inc. (a)(b) | 321,787 | 5,100,324 | |
NutriSystem, Inc. (a) | 131,713 | 4,873,381 | |
Overstock.com, Inc. (a)(b) | 91,080 | 2,659,536 | |
PetMed Express, Inc. (a) | 90,589 | 3,323,710 | |
Shutterfly, Inc. (a)(b) | 146,417 | 11,373,673 | |
U.S. Auto Parts Network, Inc. (b) | 61,593 | 89,926 | |
Wayfair LLC Class A (a)(b) | 193,361 | 26,136,606 | |
121,305,103 | |||
Leisure Products - 0.4% | |||
American Outdoor Brands Corp. (a)(b) | 234,376 | 3,288,295 | |
Brunswick Corp. | 392,116 | 26,044,345 | |
Callaway Golf Co. | 434,031 | 9,900,247 | |
Clarus Corp. | 96,677 | 1,000,607 | |
Escalade, Inc. | 32,990 | 438,767 | |
JAKKS Pacific, Inc. (a)(b) | 84,913 | 216,528 | |
Johnson Outdoors, Inc. Class A | 26,035 | 2,636,825 | |
Malibu Boats, Inc. Class A (b) | 91,698 | 4,420,761 | |
Marine Products Corp. | 24,746 | 486,011 | |
MCBC Holdings, Inc. (b) | 80,733 | 2,225,809 | |
Nautilus, Inc. (b) | 139,378 | 2,041,888 | |
Polaris Industries, Inc. | 261,830 | 28,395,464 | |
Sturm, Ruger & Co., Inc. (a) | 79,114 | 5,178,011 | |
Summer Infant, Inc. (b) | 36,722 | 70,506 | |
Vista Outdoor, Inc. (a)(b) | 255,466 | 4,718,457 | |
91,062,521 | |||
Media - 2.6% | |||
A.H. Belo Corp. Class A | 69,528 | 305,923 | |
Alliance MMA, Inc. (a)(b) | 30,530 | 9,159 | |
Altice U.S.A., Inc. Class A | 533,044 | 9,552,148 | |
AMC Entertainment Holdings, Inc. Class A | 228,936 | 4,361,231 | |
AMC Networks, Inc. Class A (a)(b) | 204,624 | 12,852,433 | |
Ballantyne of Omaha, Inc. (b) | 46,879 | 203,924 | |
Beasley Broadcast Group, Inc. Class A | 15,847 | 119,645 | |
Cable One, Inc. (a) | 20,703 | 17,343,731 | |
Central European Media Enterprises Ltd. Class A (a)(b) | 429,345 | 1,631,511 | |
Cinedigm Corp. (a)(b) | 23,291 | 29,114 | |
Cinemark Holdings, Inc. | 473,165 | 17,658,518 | |
Clear Channel Outdoor Holding, Inc. Class A | 150,322 | 683,965 | |
Daily Journal Corp. (a)(b) | 4,233 | 1,009,359 | |
E.W. Scripps Co. Class A | 255,555 | 3,748,992 | |
Emmis Communications Corp. Class A (b) | 24,302 | 123,454 | |
Entercom Communications Corp. Class A (a) | 620,104 | 4,867,816 | |
Entravision Communication Corp. Class A | 275,793 | 1,447,913 | |
Fluent, Inc. (a)(b) | 178,990 | 429,576 | |
Gannett Co., Inc. | 504,935 | 5,190,732 | |
GCI Liberty, Inc. (b) | 452,051 | 22,186,663 | |
Global Eagle Entertainment, Inc. (a)(b) | 266,502 | 708,895 | |
Gray Television, Inc. (b) | 346,794 | 6,051,555 | |
Harte-Hanks, Inc. (b) | 20,159 | 173,166 | |
Hemisphere Media Group, Inc. (b) | 92,913 | 1,272,908 | |
Insignia Systems, Inc. (b) | 22,471 | 48,987 | |
John Wiley & Sons, Inc. Class A | 208,990 | 13,490,305 | |
Lee Enterprises, Inc. (a)(b) | 220,079 | 627,225 | |
Liberty Broadband Corp.: | |||
Class A (a)(b) | 155,935 | 12,630,735 | |
Class C (b) | 639,047 | 51,820,321 | |
Liberty Global PLC: | |||
Class A (b) | 968,528 | 25,966,236 | |
Class C (a)(b) | 2,677,538 | 69,321,459 | |
Liberty Latin America Ltd. (a)(b) | 539,966 | 10,599,533 | |
Liberty Latin America Ltd. Class A (a)(b) | 192,335 | 3,790,923 | |
Liberty Media Corp.: | |||
Liberty Braves Class A (b) | 50,029 | 1,334,774 | |
Liberty Braves Class C (a)(b) | 148,739 | 3,951,995 | |
Liberty Formula One Group Series C (b) | 885,276 | 32,719,801 | |
Liberty Media Class A (a)(b) | 133,732 | 4,677,945 | |
Liberty SiriusXM Series A (b) | 436,353 | 20,395,139 | |
Liberty SiriusXM Series C (b) | 684,888 | 32,217,132 | |
Lions Gate Entertainment Corp.: | |||
Class A (a) | 266,609 | 6,270,644 | |
Class B (a) | 524,665 | 11,778,729 | |
Live Nation Entertainment, Inc. (a)(b) | 610,005 | 30,305,048 | |
LiveXLive Media, Inc. (a)(b) | 104,452 | 529,572 | |
Loral Space & Communications Ltd. (a)(b) | 54,083 | 2,398,581 | |
Marcus Corp. | 88,925 | 3,610,355 | |
Meredith Corp. | 177,041 | 9,144,168 | |
MSG Network, Inc. Class A (a)(b) | 281,615 | 6,843,245 | |
National CineMedia, Inc. | 271,241 | 2,468,293 | |
New Media Investment Group, Inc. | 282,428 | 4,490,605 | |
Nexstar Broadcasting Group, Inc. Class A (a) | 201,548 | 16,526,936 | |
NTN Communications, Inc. (a)(b) | 20,786 | 103,564 | |
Reading International, Inc. Class A (b) | 94,967 | 1,528,969 | |
RLJ Entertainment, Inc. (b) | 84,322 | 527,013 | |
Saga Communications, Inc. Class A | 17,067 | 648,546 | |
Salem Communications Corp. Class A | 38,194 | 147,047 | |
Scholastic Corp. | 121,503 | 5,107,986 | |
Sinclair Broadcast Group, Inc. Class A | 338,987 | 9,813,674 | |
Sirius XM Holdings, Inc. (a) | 6,382,464 | 45,315,494 | |
Social Reality, Inc. (a)(b) | 34,667 | 150,455 | |
SPAR Group, Inc. (a)(b) | 143,038 | 145,899 | |
Tegna, Inc. | 974,297 | 11,340,817 | |
The Madison Square Garden Co. (b) | 73,987 | 22,339,635 | |
The McClatchy Co. Class A (a)(b) | 20,452 | 184,068 | |
The New York Times Co. Class A (a) | 574,286 | 13,380,864 | |
Townsquare Media, Inc. | 39,720 | 354,700 | |
Tribune Media Co. Class A | 317,294 | 11,704,976 | |
tronc, Inc. (b) | 114,154 | 1,883,541 | |
Urban One, Inc. Class D (non-vtg.) (b) | 112,382 | 247,240 | |
World Wrestling Entertainment, Inc. Class A (a) | 177,463 | 15,512,041 | |
630,357,546 | |||
Multiline Retail - 0.2% | |||
Big Lots, Inc. (a) | 188,705 | 8,123,750 | |
Dillard's, Inc. Class A (a) | 88,484 | 6,953,073 | |
Fred's, Inc. Class A (a) | 145,522 | 248,843 | |
JC Penney Corp., Inc. (a)(b) | 1,391,260 | 2,462,530 | |
Ollie's Bargain Outlet Holdings, Inc. (a)(b) | 220,892 | 19,239,693 | |
Sears Holdings Corp. (a)(b) | 137,613 | 184,401 | |
Tuesday Morning Corp. (a)(b) | 191,458 | 583,947 | |
37,796,237 | |||
Specialty Retail - 1.9% | |||
Aaron's, Inc. Class A | 277,390 | 13,791,831 | |
Abercrombie & Fitch Co. Class A | 305,387 | 6,617,736 | |
America's Car Mart, Inc. (b) | 32,267 | 2,692,681 | |
American Eagle Outfitters, Inc. | 748,803 | 19,438,926 | |
Appliance Recycling Centers of America, Inc. (b) | 2,912 | 3,116 | |
Armstrong Flooring, Inc. (b) | 107,523 | 1,882,728 | |
Asbury Automotive Group, Inc. (b) | 79,754 | 5,941,673 | |
Ascena Retail Group, Inc. (a)(b) | 760,695 | 3,483,983 | |
At Home Group, Inc. (a)(b) | 114,088 | 3,925,768 | |
AutoNation, Inc. (a)(b) | 260,707 | 11,823,062 | |
Barnes & Noble Education, Inc. (b) | 167,418 | 1,001,160 | |
Barnes & Noble, Inc. (a) | 282,172 | 1,481,403 | |
Bed Bath & Beyond, Inc. | 623,918 | 11,193,089 | |
Big 5 Sporting Goods Corp. (a) | 96,400 | 549,480 | |
Blink Charging Co. (a) | 48,416 | 154,447 | |
Boot Barn Holdings, Inc. (a)(b) | 120,662 | 3,611,414 | |
Build-A-Bear Workshop, Inc. (b) | 60,976 | 560,979 | |
Burlington Stores, Inc. (b) | 301,209 | 50,657,330 | |
Caleres, Inc. | 201,174 | 8,143,524 | |
Camping World Holdings, Inc. (a) | 137,047 | 2,838,243 | |
Cars.com, Inc. (a)(b) | 323,274 | 8,699,303 | |
Chico's FAS, Inc. | 569,523 | 5,194,050 | |
Christopher & Banks Corp. (a)(b) | 139,716 | 136,922 | |
Citi Trends, Inc. | 68,267 | 2,112,181 | |
Conn's, Inc. (a)(b) | 121,175 | 4,968,175 | |
Destination Maternity Corp. (a)(b) | 70,933 | 356,084 | |
Destination XL Group, Inc. (a)(b) | 161,954 | 445,374 | |
DGSE Companies, Inc. (a)(b) | 6,800 | 4,552 | |
Dick's Sporting Goods, Inc. (a) | 344,167 | 12,885,612 | |
DSW, Inc. Class A (a) | 318,244 | 10,584,795 | |
Express, Inc. (a)(b) | 350,263 | 3,929,951 | |
Five Below, Inc. (a)(b) | 247,751 | 28,855,559 | |
Floor & Decor Holdings, Inc. Class A (a)(b) | 200,563 | 7,372,696 | |
Francesca's Holdings Corp. (a)(b) | 161,057 | 1,011,438 | |
GameStop Corp. Class A (a) | 446,525 | 5,925,387 | |
Genesco, Inc. (a)(b) | 87,079 | 4,427,967 | |
GNC Holdings, Inc. Class A (a)(b) | 305,807 | 948,002 | |
Group 1 Automotive, Inc. | 90,525 | 6,978,572 | |
Guess?, Inc. | 267,769 | 6,560,341 | |
Haverty Furniture Companies, Inc. | 83,237 | 1,839,538 | |
Hibbett Sports, Inc. (a)(b) | 85,321 | 1,753,347 | |
InfoSonics Corp. (b) | 1,646 | 6,090 | |
Kirkland's, Inc. (a)(b) | 63,574 | 577,888 | |
Lithia Motors, Inc. Class A (sub. vtg.) (a) | 107,785 | 9,312,624 | |
Lumber Liquidators Holdings, Inc. (a)(b) | 123,416 | 2,151,141 | |
MarineMax, Inc. (b) | 98,126 | 2,207,835 | |
Michaels Companies, Inc. (a)(b) | 488,557 | 8,300,583 | |
Monro, Inc. (a) | 147,644 | 10,475,342 | |
Murphy U.S.A., Inc. (a)(b) | 136,733 | 11,346,104 | |
New York & Co., Inc. (a)(b) | 121,608 | 553,316 | |
Office Depot, Inc. | 2,271,839 | 7,610,661 | |
Party City Holdco, Inc. (a)(b) | 120,567 | 1,850,703 | |
Penske Automotive Group, Inc. (a) | 160,272 | 8,435,115 | |
Pier 1 Imports, Inc. (a) | 329,915 | 607,044 | |
Rent-A-Center, Inc. (a)(b) | 242,006 | 3,567,168 | |
RH (a)(b) | 85,455 | 13,587,345 | |
Sally Beauty Holdings, Inc. (a)(b) | 544,765 | 8,389,381 | |
Sears Hometown & Outlet Stores, Inc. (a)(b) | 47,413 | 142,239 | |
Shoe Carnival, Inc. | 48,930 | 2,175,428 | |
Signet Jewelers Ltd. (a) | 263,848 | 16,939,042 | |
Sleep Number Corp. (a)(b) | 167,458 | 5,643,335 | |
Sonic Automotive, Inc. Class A (sub. vtg.) | 106,428 | 2,288,202 | |
Sportsman's Warehouse Holdings, Inc. (a)(b) | 164,128 | 937,171 | |
Stage Stores, Inc. (a) | 125,887 | 264,363 | |
Stein Mart, Inc. (a)(b) | 118,280 | 275,592 | |
Tailored Brands, Inc. (a) | 217,999 | 5,131,696 | |
Tandy Leather Factory, Inc. (b) | 3,017 | 22,778 | |
The Buckle, Inc. (a) | 131,998 | 3,398,949 | |
The Cato Corp. Class A (sub. vtg.) | 109,621 | 2,351,370 | |
The Children's Place Retail Stores, Inc. | 73,993 | 10,414,515 | |
The Container Store Group, Inc. (b) | 73,884 | 834,889 | |
Tile Shop Holdings, Inc. | 171,080 | 1,308,762 | |
Tilly's, Inc. | 62,718 | 1,475,127 | |
Trans World Entertainment Corp. (b) | 28,580 | 26,582 | |
Urban Outfitters, Inc. (b) | 353,862 | 16,447,506 | |
Vitamin Shoppe, Inc. (a)(b) | 108,281 | 1,385,997 | |
Williams-Sonoma, Inc. (a) | 344,633 | 24,203,576 | |
Winmark Corp. | 8,866 | 1,322,807 | |
Zumiez, Inc. (b) | 82,415 | 2,567,227 | |
453,317,912 | |||
Textiles, Apparel & Luxury Goods - 1.0% | |||
Carbon Black, Inc. (a) | 40,598 | 1,028,347 | |
Carter's, Inc. | 209,977 | 22,242,864 | |
Charles & Colvard Ltd. (a)(b) | 44,254 | 45,582 | |
Cherokee, Inc. (a)(b) | 50,362 | 43,311 | |
Columbia Sportswear Co. | 140,596 | 12,752,057 | |
Crocs, Inc. (a)(b) | 310,259 | 6,409,951 | |
Crown Crafts, Inc. | 2,186 | 12,788 | |
Culp, Inc. | 43,649 | 1,106,502 | |
Deckers Outdoor Corp. (b) | 136,070 | 16,578,769 | |
Delta Apparel, Inc. (b) | 25,017 | 464,065 | |
Differential Brands Group, Inc. (a)(b) | 60,189 | 290,111 | |
Emerald Expositions Events, Inc. | 111,911 | 1,748,050 | |
Forward Industries, Inc. (NY Shares) (a)(b) | 18,474 | 28,450 | |
Fossil Group, Inc. (a)(b) | 195,270 | 4,426,771 | |
G-III Apparel Group Ltd. (a)(b) | 188,127 | 8,556,016 | |
Goosehead Insurance (a) | 44,880 | 1,392,178 | |
Iconix Brand Group, Inc. (a)(b) | 269,342 | 94,270 | |
J.Jill, Inc. (a)(b) | 69,488 | 419,708 | |
Lakeland Industries, Inc. (b) | 24,080 | 317,856 | |
lululemon athletica, Inc. (b) | 426,554 | 66,086,011 | |
Movado Group, Inc. | 70,492 | 3,002,959 | |
Naked Brand Group, Inc. (a)(b) | 6,834 | 27,883 | |
Newmark Group, Inc. | 559,816 | 7,193,636 | |
Oxford Industries, Inc. | 76,738 | 7,143,540 | |
Perry Ellis International, Inc. (b) | 59,963 | 1,650,781 | |
PetIQ, Inc. Class A (a)(b) | 29,036 | 1,137,050 | |
Rocky Brands, Inc. | 31,092 | 937,424 | |
Sequential Brands Group, Inc. (a)(b) | 181,557 | 326,803 | |
Skechers U.S.A., Inc. Class A (sub. vtg.) (a)(b) | 610,234 | 17,989,698 | |
Steven Madden Ltd. | 237,240 | 13,795,506 | |
Stitch Fix, Inc. (a)(b) | 64,803 | 2,629,706 | |
Superior Group of Companies, Inc. | 29,984 | 568,197 | |
Switch, Inc. Class A (a) | 171,537 | 1,982,968 | |
TPG RE Finance Trust, Inc. | 197,654 | 4,081,555 | |
Unifi, Inc. (b) | 78,142 | 2,485,697 | |
Vera Bradley, Inc. (b) | 94,414 | 1,384,109 | |
Vince Holding Corp. (a)(b) | 13,170 | 277,755 | |
Wolverine World Wide, Inc. | 426,756 | 16,720,300 | |
227,379,224 | |||
TOTAL CONSUMER DISCRETIONARY | 3,349,752,384 | ||
CONSUMER STAPLES - 2.8% | |||
Beverages - 0.2% | |||
Boston Beer Co., Inc. Class A (b) | 39,145 | 11,866,807 | |
Castle Brands, Inc. (a)(b) | 349,780 | 402,247 | |
Celsius Holdings, Inc. (a)(b) | 62,275 | 284,597 | |
Coca-Cola Bottling Co. Consolidated | 21,283 | 3,608,745 | |
Craft Brew Alliance, Inc. (b) | 47,928 | 908,236 | |
Keurig Dr. Pepper, Inc. | 800,642 | 18,254,638 | |
MGP Ingredients, Inc. (a) | 56,066 | 4,323,249 | |
National Beverage Corp. (a) | 52,602 | 6,198,620 | |
New Age Beverages Corp. (a)(b) | 90,017 | 133,225 | |
Primo Water Corp. (b) | 153,485 | 3,069,700 | |
REED'S, Inc. (a)(b) | 70,567 | 232,871 | |
49,282,935 | |||
Food & Staples Retailing - 0.5% | |||
Andersons, Inc. | 119,001 | 4,861,191 | |
Casey's General Stores, Inc. (a) | 168,046 | 19,185,812 | |
Chefs' Warehouse Holdings (a)(b) | 95,703 | 2,813,668 | |
Ingles Markets, Inc. Class A | 61,881 | 2,224,622 | |
Natural Grocers by Vitamin Cottage, Inc. (a)(b) | 42,028 | 815,763 | |
Performance Food Group Co. (b) | 382,166 | 12,649,695 | |
PriceSmart, Inc. (a) | 102,329 | 8,887,274 | |
Rite Aid Corp. (a)(b) | 4,796,382 | 6,571,043 | |
Smart & Final Stores, Inc. (a)(b) | 129,757 | 908,299 | |
SpartanNash Co. | 163,229 | 3,484,939 | |
Sprouts Farmers Market LLC (b) | 554,974 | 14,690,162 | |
SUPERVALU, Inc. (b) | 175,843 | 5,677,970 | |
United Natural Foods, Inc. (a)(b) | 221,922 | 7,880,450 | |
Village Super Market, Inc. Class A | 35,891 | 1,047,299 | |
Weis Markets, Inc. | 74,984 | 3,493,505 | |
Welbilt, Inc. (a)(b) | 624,906 | 13,829,170 | |
109,020,862 | |||
Food Products - 1.4% | |||
Alico, Inc. | 12,431 | 401,521 | |
Arcadia Biosciences, Inc. (b) | 2,224 | 15,234 | |
B&G Foods, Inc. Class A (a) | 295,011 | 9,425,601 | |
Bunge Ltd. | 629,194 | 40,885,026 | |
Cal-Maine Foods, Inc. | 132,202 | 6,537,389 | |
Calavo Growers, Inc. (a) | 70,040 | 7,413,734 | |
Coffee Holding Co., Inc. (b) | 18,589 | 94,990 | |
Darling International, Inc. (b) | 744,036 | 14,717,032 | |
Dean Foods Co. (a) | 403,110 | 3,071,698 | |
Farmer Brothers Co. (a)(b) | 50,454 | 1,463,166 | |
Flowers Foods, Inc. | 837,902 | 16,883,725 | |
Fresh Del Monte Produce, Inc. | 150,807 | 5,646,214 | |
Freshpet, Inc. (a)(b) | 111,119 | 4,128,071 | |
Hostess Brands, Inc. Class A (a)(b) | 352,939 | 4,150,563 | |
Ingredion, Inc. | 323,089 | 32,654,605 | |
J&J Snack Foods Corp. | 66,998 | 9,748,209 | |
John B. Sanfilippo & Son, Inc. | 40,025 | 2,924,627 | |
Lamb Weston Holdings, Inc. | 650,730 | 43,989,348 | |
Lancaster Colony Corp. | 90,080 | 14,076,802 | |
Landec Corp. (b) | 118,257 | 1,590,557 | |
Lifeway Foods, Inc. (b) | 26,937 | 96,973 | |
Limoneira Co. | 63,181 | 1,949,134 | |
nLIGHT, Inc. (b) | 27,693 | 853,221 | |
Pilgrim's Pride Corp. (a)(b) | 240,755 | 4,451,560 | |
Pinnacle Foods, Inc. | 522,687 | 34,716,871 | |
Post Holdings, Inc. (a)(b) | 298,955 | 29,076,363 | |
RiceBran Technologies (a)(b) | 31,606 | 103,036 | |
Rocky Mountain Chocolate Factory, Inc. | 2,945 | 30,039 | |
S&W Seed Co. (a)(b) | 43,975 | 140,720 | |
Sanderson Farms, Inc. (a) | 90,912 | 9,614,853 | |
Seaboard Corp. | 1,246 | 4,591,236 | |
Seneca Foods Corp. Class A (b) | 29,562 | 954,853 | |
The Hain Celestial Group, Inc. (a)(b) | 465,870 | 13,305,247 | |
The Simply Good Foods Co. (a)(b) | 239,761 | 4,315,698 | |
Tootsie Roll Industries, Inc. (a) | 90,278 | 2,600,006 | |
TreeHouse Foods, Inc. (a)(b) | 253,310 | 13,197,451 | |
339,815,373 | |||
Household Products - 0.2% | |||
Central Garden & Pet Co. Class A (non-vtg.) (b) | 231,435 | 8,408,034 | |
Energizer Holdings, Inc. | 265,351 | 16,873,670 | |
Funko, Inc. (a)(b) | 53,219 | 1,352,827 | |
Ocean Bio-Chem, Inc. | 25,804 | 106,571 | |
Oil-Dri Corp. of America | 22,258 | 904,788 | |
Orchids Paper Products Co. (a)(b) | 39,941 | 146,583 | |
Spectrum Brands Holdings, Inc. (a) | 212,444 | 18,450,761 | |
WD-40 Co. (a) | 61,978 | 10,997,996 | |
57,241,230 | |||
Personal Products - 0.4% | |||
Avon Products, Inc. (a)(b) | 1,977,598 | 3,955,196 | |
CCA Industries, Inc. (b) | 3,026 | 8,624 | |
Cyanotech Corp. (b) | 3,737 | 13,453 | |
Edgewell Personal Care Co. (a)(b) | 240,900 | 13,603,623 | |
elf Beauty, Inc. (a)(b) | 100,515 | 1,396,153 | |
Herbalife Nutrition Ltd. (b) | 514,818 | 29,133,551 | |
Inter Parfums, Inc. | 78,674 | 5,137,412 | |
LifeVantage Corp. (a)(b) | 57,355 | 720,379 | |
Mannatech, Inc. | 4,435 | 83,600 | |
MediFast, Inc. | 47,085 | 10,770,694 | |
MYOS Corp. (a)(b) | 833 | 1,100 | |
Natural Alternatives International, Inc. (b) | 19,731 | 187,445 | |
Natural Health Trends Corp. (a) | 30,320 | 802,570 | |
Nature's Sunshine Products, Inc. (b) | 31,350 | 282,150 | |
Nu Skin Enterprises, Inc. Class A | 248,893 | 19,811,883 | |
Reliv International, Inc. (b) | 1,499 | 7,345 | |
Revlon, Inc. (a)(b) | 47,986 | 1,043,696 | |
United-Guardian, Inc. | 5,904 | 108,338 | |
USANA Health Sciences, Inc. (b) | 52,016 | 6,863,511 | |
Veru, Inc. (a)(b) | 71,284 | 141,855 | |
94,072,578 | |||
Tobacco - 0.1% | |||
22nd Century Group, Inc. (a)(b) | 460,359 | 1,247,573 | |
Alliance One International, Inc. (a)(b) | 38,644 | 683,999 | |
Turning Point Brands, Inc. (a) | 33,366 | 1,123,100 | |
Universal Corp. | 113,060 | 6,760,988 | |
Vector Group Ltd. (a) | 473,473 | 7,353,036 | |
17,168,696 | |||
TOTAL CONSUMER STAPLES | 666,601,674 | ||
ENERGY - 4.3% | |||
Energy Equipment & Services - 1.1% | |||
ACM Research, Inc. (a)(b) | 36,968 | 521,618 | |
Archrock, Inc. | 593,191 | 7,503,866 | |
Aspen Aerogels, Inc. (b) | 83,435 | 403,825 | |
Basic Energy Services, Inc. (b) | 98,791 | 875,288 | |
Bristow Group, Inc. (a)(b) | 139,892 | 1,533,216 | |
C&J Energy Services, Inc. (b) | 291,885 | 6,114,991 | |
Carbo Ceramics, Inc. (a)(b) | 108,759 | 940,765 | |
Core Laboratories NV (a) | 194,832 | 22,318,006 | |
Dawson Geophysical Co. (a) | 86,896 | 538,755 | |
Diamond Offshore Drilling, Inc. (a)(b) | 281,291 | 4,900,089 | |
Dril-Quip, Inc. (a)(b) | 170,524 | 8,978,089 | |
EcoStim Energy Solutions, Inc. (b) | 45,009 | 18,773 | |
ENGlobal Corp. (b) | 48,611 | 50,555 | |
Ensco PLC Class A (a) | 1,938,236 | 13,257,534 | |
Enservco Corp. (a)(b) | 76,307 | 50,370 | |
Era Group, Inc. (b) | 74,312 | 887,285 | |
Exterran Corp. (b) | 142,998 | 3,916,715 | |
Forum Energy Technologies, Inc. (b) | 346,649 | 4,142,456 | |
Frank's International NV (a) | 279,786 | 2,470,510 | |
FTS International, Inc. (b) | 109,598 | 1,208,866 | |
Geospace Technologies Corp. (a)(b) | 61,378 | 867,271 | |
Gulf Island Fabrication, Inc. | 50,167 | 474,078 | |
GulfMark Offshore, Inc. (a)(b) | 15,982 | 583,343 | |
Helix Energy Solutions Group, Inc. (b) | 626,995 | 5,868,673 | |
Hornbeck Offshore Services, Inc. (b) | 145,542 | 641,840 | |
Independence Contract Drilling, Inc. (b) | 124,870 | 545,682 | |
ION Geophysical Corp. (a)(b) | 42,726 | 766,932 | |
Key Energy Services, Inc. (b) | 46,431 | 620,318 | |
Liberty Oilfield Services, Inc. Class A (a) | 46,862 | 920,370 | |
Mammoth Energy Services, Inc. | 44,896 | 1,233,742 | |
Matrix Service Co. (b) | 122,152 | 2,552,977 | |
McDermott International, Inc. (a)(b) | 798,344 | 15,439,973 | |
Mitcham Industries, Inc. (b) | 40,167 | 160,668 | |
Nabors Industries Ltd. | 1,575,166 | 9,718,774 | |
Natural Gas Services Group, Inc. (b) | 51,774 | 1,144,205 | |
NCS Multistage Holdings, Inc. (a)(b) | 46,570 | 757,694 | |
Newpark Resources, Inc. (a)(b) | 395,660 | 4,154,430 | |
Noble Corp. (a)(b) | 1,104,992 | 6,740,451 | |
Oceaneering International, Inc. (a) | 453,391 | 12,817,364 | |
Oil States International, Inc. (b) | 276,237 | 9,350,622 | |
Parker Drilling Co. (a)(b) | 37,424 | 147,451 | |
Patterson-UTI Energy, Inc. | 992,917 | 17,008,668 | |
PHI, Inc. (non-vtg.) (b) | 45,577 | 371,453 | |
Pioneer Energy Services Corp. (b) | 357,373 | 1,143,594 | |
Profire Energy, Inc. (a)(b) | 143,347 | 408,539 | |
Quintana Energy Services, Inc. (a)(b) | 65,953 | 516,412 | |
Ranger Energy Services, Inc. Class A | 20,663 | 172,536 | |
RigNet, Inc. (b) | 51,505 | 839,532 | |
Rowan Companies PLC (a)(b) | 497,230 | 6,981,109 | |
RPC, Inc. (a) | 275,755 | 3,772,328 | |
SAExploration Holdings, Inc.: | |||
warrants 7/27/21 (b)(c) | 42 | 0 | |
warrants 7/27/21 (b)(c) | 42 | 0 | |
SEACOR Holdings, Inc. (b) | 78,739 | 4,051,122 | |
SEACOR Marine Holdings, Inc. (a)(b) | 69,485 | 1,423,053 | |
Smart Sand, Inc. (a)(b) | 100,045 | 498,224 | |
Solaris Oilfield Infrastructure, Inc. Class A (a)(b) | 89,140 | 1,534,991 | |
Superior Energy Services, Inc. (a)(b) | 704,690 | 6,342,210 | |
Synthesis Energy Systems, Inc. (a)(b) | 30,310 | 75,775 | |
TETRA Technologies, Inc. (b) | 568,895 | 2,611,228 | |
Tidewater, Inc. (a)(b) | 106,388 | 3,404,416 | |
Transocean Ltd. (United States) (a)(b) | 1,934,998 | 23,432,826 | |
U.S. Silica Holdings, Inc. (a) | 352,315 | 7,465,555 | |
Unit Corp. (b) | 250,344 | 6,581,544 | |
Weatherford International PLC (a)(b) | 4,437,915 | 10,739,754 | |
255,513,299 | |||
Oil, Gas & Consumable Fuels - 3.2% | |||
Abraxas Petroleum Corp. (b) | 751,149 | 1,690,085 | |
Adams Resources & Energy, Inc. | 9,725 | 446,378 | |
Aemetis, Inc. (b) | 43,473 | 53,907 | |
Alta Mesa Resources, Inc. Class A (a)(b) | 522,555 | 2,476,911 | |
Amyris, Inc. (b) | 131,911 | 1,183,242 | |
Antero Resources Corp. (a)(b) | 957,852 | 17,729,841 | |
Approach Resources, Inc. (a)(b) | 207,929 | 449,127 | |
Arch Coal, Inc. | 92,704 | 8,220,064 | |
Barnwell Industries, Inc. (b) | 11,088 | 21,622 | |
Bonanza Creek Energy, Inc. (b) | 94,040 | 2,915,240 | |
California Resources Corp. (a)(b) | 194,938 | 8,097,725 | |
Callon Petroleum Co. (a)(b) | 1,004,425 | 11,350,003 | |
Carrizo Oil & Gas, Inc. (b) | 388,505 | 9,409,591 | |
Centennial Resource Development, Inc. Class A (a)(b) | 780,268 | 15,035,764 | |
Centrus Energy Corp. Class A (a)(b) | 21,753 | 49,597 | |
Cheniere Energy, Inc. (b) | 925,356 | 61,934,077 | |
Chesapeake Energy Corp. (a)(b) | 4,038,948 | 17,892,540 | |
Clean Energy Fuels Corp. (b) | 599,821 | 1,649,508 | |
Cloud Peak Energy, Inc. (b) | 343,710 | 811,156 | |
CNX Resources Corp. (b) | 869,470 | 13,859,352 | |
Comstock Resources, Inc. (b) | 58,734 | 568,545 | |
CONSOL Energy, Inc. (b) | 110,230 | 4,728,867 | |
Contango Oil & Gas Co. (a)(b) | 110,727 | 756,265 | |
Continental Resources, Inc. (a)(b) | 383,933 | 25,320,381 | |
CVR Energy, Inc. | 130,096 | 4,950,153 | |
Delek U.S. Holdings, Inc. | 336,903 | 18,361,214 | |
Denbury Resources, Inc. (a)(b) | 1,782,250 | 9,927,133 | |
Diamondback Energy, Inc. (a) | 440,444 | 53,328,960 | |
Dorian Lpg Ltd. (b) | 132,893 | 1,012,645 | |
Earthstone Energy, Inc. (b) | 106,067 | 888,841 | |
Eclipse Resources Corp. (a)(b) | 466,049 | 666,450 | |
Energen Corp. (b) | 435,946 | 33,807,612 | |
Energy XXI Gulf Coast, Inc. (b) | 160,349 | 1,451,158 | |
EP Energy Corp. (a)(b) | 190,722 | 333,764 | |
Evolution Petroleum Corp. | 129,483 | 1,301,304 | |
Extraction Oil & Gas, Inc. (a)(b) | 573,298 | 6,621,592 | |
Gastar Exploration, Inc. (a)(b) | 751,204 | 59,420 | |
Gevo, Inc. (a)(b) | 20,550 | 79,118 | |
Goodrich Petroleum Corp. (a)(b) | 27,152 | 379,856 | |
Green Plains, Inc. | 176,797 | 3,138,147 | |
Gulfport Energy Corp. (a)(b) | 691,671 | 8,134,051 | |
Halcon Resources Corp. (a)(b) | 695,628 | 3,185,976 | |
Hallador Energy Co. | 76,925 | 470,012 | |
Highpoint Resources, Inc. (b) | 434,873 | 2,396,150 | |
Houston American Energy Corp. (a)(b) | 96,963 | 21,817 | |
International Seaways, Inc. (a)(b) | 131,702 | 2,702,525 | |
Isramco, Inc. (b) | 3,432 | 400,514 | |
Jagged Peak Energy, Inc. (a)(b) | 149,435 | 1,974,036 | |
Jones Energy, Inc. (b) | 295,544 | 97,530 | |
Kosmos Energy Ltd. (a)(b) | 1,089,883 | 9,852,542 | |
Laredo Petroleum, Inc. (a)(b) | 570,943 | 4,733,117 | |
Lilis Energy, Inc. (a)(b) | 175,925 | 935,921 | |
Lonestar Resources U.S., Inc. (a)(b) | 94,981 | 863,377 | |
Matador Resources Co. (a)(b) | 463,546 | 15,176,496 | |
Mexco Energy Corp. (b) | 2,080 | 10,504 | |
Midstates Petroleum Co., Inc. (b) | 108,910 | 1,266,623 | |
Murphy Oil Corp. | 723,796 | 22,314,631 | |
NACCO Industries, Inc. Class A | 20,158 | 708,554 | |
Nextdecade Corp. (a)(b) | 57,546 | 390,737 | |
Nine Energy Service, Inc. (b) | 40,660 | 1,218,987 | |
Northern Oil & Gas, Inc. (a)(b) | 940,917 | 3,246,164 | |
Oasis Petroleum, Inc. (a)(b) | 1,181,945 | 15,908,980 | |
Overseas Shipholding Group, Inc. (b) | 199,656 | 684,820 | |
Pacific Ethanol, Inc. (b) | 154,515 | 285,853 | |
Panhandle Royalty Co. Class A | 84,554 | 1,576,932 | |
Par Pacific Holdings, Inc. (a)(b) | 118,042 | 2,397,433 | |
Parsley Energy, Inc. Class A (b) | 1,147,417 | 31,863,770 | |
PBF Energy, Inc. Class A | 528,151 | 27,421,600 | |
PDC Energy, Inc. (b) | 293,262 | 15,451,975 | |
Peabody Energy Corp. | 451,615 | 18,656,216 | |
Pedevco Corp. (a)(b) | 6,070 | 14,386 | |
Penn Virginia Corp. (b) | 62,543 | 5,562,574 | |
PrimeEnergy Corp. (b) | 4,446 | 329,004 | |
QEP Resources, Inc. (b) | 1,061,472 | 10,582,876 | |
Ramaco Resources, Inc. (b) | 23,222 | 184,615 | |
Range Resources Corp. (a) | 1,007,119 | 16,536,894 | |
Renewable Energy Group, Inc. (a)(b) | 150,758 | 4,062,928 | |
Resolute Energy Corp. (a)(b) | 89,891 | 2,962,807 | |
Rex American Resources Corp. (b) | 25,663 | 2,067,925 | |
Ring Energy, Inc. (b) | 246,884 | 2,913,231 | |
Sanchez Energy Corp. (a)(b) | 332,605 | 874,751 | |
SandRidge Energy, Inc. (b) | 160,445 | 2,544,658 | |
SemGroup Corp. Class A (a) | 314,015 | 7,599,163 | |
SilverBow Resources, Inc. (b) | 24,454 | 754,650 | |
SM Energy Co. | 457,563 | 13,768,071 | |
Southwestern Energy Co. (a)(b) | 2,283,668 | 12,834,214 | |
SRC Energy, Inc. (a)(b) | 1,100,977 | 10,250,096 | |
Talos Energy, Inc. (a)(b) | 90,661 | 3,129,618 | |
Targa Resources Corp. | 983,076 | 54,137,995 | |
Tellurian, Inc. (a)(b) | 413,703 | 4,000,508 | |
Tengasco, Inc. (a)(b) | 71,660 | 78,109 | |
Torchlight Energy Resources, Inc. (a)(b) | 215,751 | 252,429 | |
TransAtlantic Petroleum Ltd. (b) | 78,088 | 135,092 | |
U.S. Energy Corp. (b) | 16,279 | 15,188 | |
Ultra Petroleum Corp. (a)(b) | 838,228 | 1,098,079 | |
Uranium Energy Corp. (a)(b) | 628,474 | 1,074,691 | |
VAALCO Energy, Inc. (b) | 270,263 | 654,036 | |
Vertex Energy, Inc. (a)(b) | 53,517 | 68,502 | |
W&T Offshore, Inc. (a)(b) | 415,454 | 2,812,624 | |
Westwater Resources, Inc. (a)(b) | 149,006 | 32,826 | |
Whiting Petroleum Corp. (b) | 403,892 | 20,562,142 | |
WildHorse Resource Development Corp. (a)(b) | 103,071 | 2,240,764 | |
World Fuel Services Corp. | 306,077 | 8,579,338 | |
WPX Energy, Inc. (b) | 1,766,471 | 33,686,602 | |
Yuma Energy, Inc. (a)(b) | 5,206 | 1,426 | |
Zion Oil & Gas, Inc. (a)(b) | 251,977 | 466,157 | |
764,173,967 | |||
TOTAL ENERGY | 1,019,687,266 | ||
FINANCIALS - 16.3% | |||
Banks - 6.9% | |||
1st Constitution Bancorp | 41,322 | 873,960 | |
1st Source Corp. | 81,005 | 4,535,470 | |
Access National Corp. | 64,833 | 1,759,568 | |
ACNB Corp. | 16,821 | 602,192 | |
Allegiance Bancshares, Inc. (b) | 66,951 | 2,982,667 | |
American National Bankshares, Inc. | 27,639 | 1,137,345 | |
American River Bankshares | 8,078 | 122,139 | |
Ameris Bancorp | 190,625 | 9,464,531 | |
AmeriServ Financial, Inc. | 14,455 | 65,770 | |
Ames National Corp. | 26,775 | 809,944 | |
Anchor Bancorp (b) | 7,890 | 226,049 | |
Arrow Financial Corp. | 58,535 | 2,303,352 | |
Associated Banc-Corp. | 750,374 | 20,447,692 | |
Atlantic Capital Bancshares, Inc. (b) | 115,417 | 2,106,360 | |
Auburn National Bancorp., Inc. (a) | 3,468 | 160,915 | |
Banc of California, Inc. | 183,876 | 3,705,101 | |
BancFirst Corp. | 82,079 | 5,236,640 | |
Bancorp, Inc., Delaware (b) | 249,200 | 2,499,476 | |
BancorpSouth Bank | 379,712 | 13,213,978 | |
Bank of Commerce Holdings | 96,497 | 1,244,811 | |
Bank of Hawaii Corp. | 186,091 | 15,469,745 | |
Bank of Marin Bancorp | 25,314 | 2,231,429 | |
Bank of South Carolina Corp. | 11,084 | 224,451 | |
Bank of the Ozarks, Inc. | 538,836 | 21,801,305 | |
BankUnited, Inc. | 467,041 | 18,116,520 | |
Bankwell Financial Group, Inc. | 40,214 | 1,266,741 | |
Banner Corp. | 145,508 | 9,360,530 | |
Bar Harbor Bankshares | 71,268 | 2,098,843 | |
BayCom Corp. | 26,266 | 688,169 | |
BCB Bancorp, Inc. | 54,338 | 806,919 | |
Berkshire Hills Bancorp, Inc. | 168,406 | 7,115,154 | |
Blue Hills Bancorp, Inc. | 127,338 | 2,928,774 | |
BOK Financial Corp. (a) | 111,501 | 11,434,428 | |
Boston Private Financial Holdings, Inc. | 388,534 | 5,614,316 | |
Bridge Bancorp, Inc. | 81,088 | 2,838,080 | |
Bridgewater Bancshares, Inc. (b) | 45,165 | 580,822 | |
Brookline Bancorp, Inc., Delaware | 361,471 | 6,560,699 | |
Bryn Mawr Bank Corp. | 89,371 | 4,361,305 | |
Byline Bancorp, Inc. (b) | 76,972 | 1,757,271 | |
C & F Financial Corp. | 11,195 | 697,449 | |
Cadence Bancorp Class A | 276,062 | 7,798,752 | |
Cambridge Bancorp | 17,006 | 1,522,547 | |
Camden National Corp. | 71,787 | 3,283,537 | |
Capital City Bank Group, Inc. | 61,468 | 1,507,195 | |
Capstar Financial Holdings, Inc. | 25,642 | 447,966 | |
Carolina Financial Corp. | 91,528 | 3,766,377 | |
Cathay General Bancorp | 339,787 | 14,372,990 | |
CB Financial Services, Inc. (a) | 33,968 | 1,090,373 | |
CBTX, Inc. | 16,626 | 608,013 | |
Centerstate Banks of Florida, Inc. | 278,067 | 8,514,412 | |
Central Pacific Financial Corp. | 134,564 | 3,812,198 | |
Central Valley Community Bancorp | 60,316 | 1,303,429 | |
Century Bancorp, Inc. Class A (non-vtg.) | 8,217 | 585,461 | |
Chemical Financial Corp. | 319,915 | 18,273,545 | |
Chemung Financial Corp. | 14,522 | 609,924 | |
CIT Group, Inc. | 525,384 | 28,496,828 | |
Citizens & Northern Corp. | 48,431 | 1,356,552 | |
Citizens First Corp. | 14,486 | 378,809 | |
Citizens Holding Co. | 12,415 | 287,407 | |
City Holding Co. | 74,480 | 6,038,838 | |
Civista Bancshares, Inc. (a) | 42,413 | 1,012,822 | |
CNB Financial Corp., Pennsylvania | 60,038 | 1,850,972 | |
CoBiz, Inc. | 216,423 | 4,988,550 | |
Codorus Valley Bancorp, Inc. | 34,290 | 1,072,934 | |
Colony Bankcorp, Inc. | 4,434 | 78,038 | |
Columbia Banking Systems, Inc. | 336,238 | 14,206,056 | |
Commerce Bancshares, Inc. | 422,734 | 30,039,478 | |
Community Bank System, Inc. (a) | 225,113 | 14,886,723 | |
Community Bankers Trust Corp. (b) | 168,702 | 1,526,753 | |
Community Financial Corp. | 16,416 | 546,653 | |
Community Trust Bancorp, Inc. | 82,616 | 4,081,230 | |
ConnectOne Bancorp, Inc. | 132,927 | 3,276,651 | |
County Bancorp, Inc. | 24,663 | 616,082 | |
Cullen/Frost Bankers, Inc. | 255,893 | 28,375,975 | |
Customers Bancorp, Inc. (b) | 131,371 | 3,244,864 | |
CVB Financial Corp. | 471,007 | 11,327,718 | |
DNB Financial Corp. | 4,859 | 166,421 | |
Eagle Bancorp, Inc. (b) | 144,638 | 7,788,756 | |
East West Bancorp, Inc. | 642,243 | 40,711,784 | |
Enterprise Bancorp, Inc. | 36,527 | 1,313,876 | |
Enterprise Financial Services Corp. | 103,876 | 5,848,219 | |
Equity Bancshares, Inc. (b) | 64,821 | 2,631,084 | |
Esquire Financial Holdings, Inc. (a)(b) | 7,939 | 206,414 | |
Evans Bancorp, Inc. | 16,919 | 804,498 | |
Farmers & Merchants Bancorp, Inc. (a) | 29,003 | 1,319,346 | |
Farmers National Banc Corp. | 107,921 | 1,710,548 | |
FCB Financial Holdings, Inc. Class A (b) | 213,886 | 11,079,295 | |
Fidelity Southern Corp. | 96,099 | 2,335,206 | |
Financial Institutions, Inc. | 66,751 | 2,156,057 | |
First Bancorp, North Carolina | 134,516 | 5,612,008 | |
First Bancorp, Puerto Rico (b) | 821,139 | 7,184,966 | |
First Bancshares, Inc. | 48,628 | 1,996,179 | |
First Bank Hamilton New Jersey | 68,067 | 973,358 | |
First Busey Corp. | 198,698 | 6,368,271 | |
First Business Finance Services, Inc. | 36,856 | 816,729 | |
First Choice Bancorp (a) | 26,121 | 709,185 | |
First Citizen Bancshares, Inc. | 39,289 | 18,662,668 | |
First Commonwealth Financial Corp. | 444,756 | 7,449,663 | |
First Community Bancshares, Inc. | 64,497 | 2,165,164 | |
First Community Corp. (a) | 49,271 | 1,239,166 | |
First Connecticut Bancorp, Inc. | 62,668 | 1,986,576 | |
First Financial Bancorp, Ohio | 444,152 | 13,946,373 | |
First Financial Bankshares, Inc. (a) | 303,995 | 18,361,298 | |
First Financial Corp., Indiana | 55,531 | 2,857,070 | |
First Financial Northwest, Inc. | 38,007 | 663,602 | |
First Foundation, Inc. (b) | 137,798 | 2,229,572 | |
First Hawaiian, Inc. | 403,144 | 11,687,145 | |
First Horizon National Corp. | 1,454,904 | 26,799,332 | |
First Internet Bancorp | 42,622 | 1,340,462 | |
First Interstate Bancsystem, Inc. | 104,698 | 4,863,222 | |
First Merchants Corp. | 197,615 | 9,509,234 | |
First Mid-Illinois Bancshares, Inc. | 51,627 | 2,121,353 | |
First Midwest Bancorp, Inc., Delaware | 462,514 | 12,571,131 | |
First Northwest Bancorp (b) | 28,933 | 484,338 | |
First of Long Island Corp. | 106,229 | 2,315,792 | |
First Republic Bank | 721,744 | 73,321,973 | |
First United Corp. | 27,604 | 556,221 | |
Flushing Financial Corp. | 126,268 | 3,272,867 | |
FNB Corp., Pennsylvania | 1,466,878 | 19,729,509 | |
Franklin Financial Network, Inc. (a)(b) | 54,781 | 2,117,286 | |
Fulton Financial Corp. | 779,979 | 14,195,618 | |
German American Bancorp, Inc. | 95,319 | 3,583,041 | |
Glacier Bancorp, Inc. | 352,249 | 16,090,734 | |
Glen Burnie Bancorp | 18,315 | 221,612 | |
Great Southern Bancorp, Inc. | 57,496 | 3,409,513 | |
Great Western Bancorp, Inc. (a) | 260,236 | 11,330,675 | |
Green Bancorp, Inc. | 126,947 | 3,046,728 | |
Guaranty Bancorp | 110,960 | 3,467,500 | |
Guaranty Bancshares, Inc. Texas | 6,765 | 212,759 | |
Hancock Whitney Corp. | 388,458 | 20,025,010 | |
Hanmi Financial Corp. | 147,184 | 3,841,502 | |
HarborOne Bancorp, Inc. (b) | 136,954 | 2,699,363 | |
Hawthorn Bancshares, Inc. | 49,185 | 1,089,448 | |
Heartland Financial U.S.A., Inc. | 130,065 | 7,907,952 | |
Heritage Commerce Corp. | 172,265 | 2,728,678 | |
Heritage Financial Corp., Washington (a) | 131,818 | 4,784,993 | |
Hilltop Holdings, Inc. | 338,017 | 7,013,853 | |
Home Bancshares, Inc. | 705,416 | 16,513,789 | |
HomeTrust Bancshares, Inc. (b) | 80,547 | 2,319,754 | |
Hope Bancorp, Inc. | 564,668 | 9,887,337 | |
Horizon Bancorp, Inc. Indiana | 200,748 | 4,101,282 | |
Howard Bancorp, Inc. (a)(b) | 36,401 | 635,197 | |
IBERIABANK Corp. | 253,284 | 21,947,059 | |
Independent Bank Corp. | 95,135 | 2,373,618 | |
Independent Bank Corp., Massachusetts | 127,226 | 11,590,289 | |
Independent Bank Group, Inc. | 87,192 | 6,038,046 | |
International Bancshares Corp. | 247,235 | 11,582,960 | |
Investar Holding Corp. | 28,595 | 784,933 | |
Investors Bancorp, Inc. | 1,113,616 | 14,254,285 | |
Lakeland Bancorp, Inc. (a) | 197,458 | 3,810,939 | |
Lakeland Financial Corp. | 116,671 | 5,748,380 | |
Landmark Bancorp, Inc. | 38 | 1,110 | |
LCNB Corp. | 59,345 | 1,103,817 | |
LegacyTexas Financial Group, Inc. (a) | 202,262 | 9,358,663 | |
Limestone Bancorp, Inc. (b) | 9,708 | 145,620 | |
Live Oak Bancshares, Inc. (a) | 115,461 | 3,492,695 | |
Luther Burbank Corp. | 63,696 | 726,134 | |
Macatawa Bank Corp. | 89,652 | 1,117,960 | |
Mackinac Financial Corp. | 17,916 | 292,927 | |
MB Financial, Inc. | 377,720 | 18,304,311 | |
MBT Financial Corp. | 67,956 | 744,118 | |
Mercantile Bank Corp. | 82,951 | 2,937,295 | |
Merchants Bancorp/IN | 42,920 | 1,120,641 | |
Metropolitan Bank Holding Corp. (b) | 17,103 | 705,328 | |
Mid Penn Bancorp, Inc. (a) | 27,731 | 844,409 | |
Middlefield Banc Corp. | 13,083 | 648,917 | |
Midland States Bancorp, Inc. | 78,477 | 2,701,963 | |
Midsouth Bancorp, Inc. | 58,151 | 892,618 | |
MidWestOne Financial Group, Inc. | 41,377 | 1,387,785 | |
MutualFirst Financial, Inc. | 16,173 | 614,574 | |
National Bank Holdings Corp. | 123,170 | 4,945,276 | |
National Bankshares, Inc. (a) | 27,074 | 1,245,404 | |
National Commerce Corp. (b) | 69,014 | 3,036,616 | |
NBT Bancorp, Inc. | 208,964 | 8,458,863 | |
Nicolet Bankshares, Inc. (b) | 29,160 | 1,614,298 | |
Northeast Bancorp | 46,227 | 1,007,749 | |
Northrim Bancorp, Inc. | 32,146 | 1,432,104 | |
Norwood Financial Corp. (a) | 25,663 | 1,007,016 | |
OFG Bancorp (a) | 203,042 | 3,289,280 | |
Ohio Valley Banc Corp. | 14,225 | 599,584 | |
Old Line Bancshares, Inc. | 52,434 | 1,793,243 | |
Old National Bancorp, Indiana | 594,313 | 12,064,554 | |
Old Point Financial Corp. | 8,443 | 224,584 | |
Old Second Bancorp, Inc. | 130,873 | 2,021,988 | |
OP Bancorp (a)(b) | 7,707 | 93,255 | |
Opus Bank | 81,168 | 2,301,113 | |
Origin Bancorp, Inc. | 20,678 | 837,873 | |
Orrstown Financial Services, Inc. | 28,330 | 737,997 | |
Pacific Mercantile Bancorp (b) | 74,732 | 754,793 | |
Pacific Premier Bancorp, Inc. (b) | 169,013 | 6,684,464 | |
PacWest Bancorp | 549,323 | 27,735,318 | |
Park National Corp. | 59,712 | 6,577,277 | |
Parke Bancorp, Inc. | 32,075 | 739,329 | |
Patriot National Bancorp, Inc. | 1,376 | 26,970 | |
PCSB Financial Corp. | 72,208 | 1,481,708 | |
Peapack-Gladstone Financial Corp. | 73,677 | 2,461,549 | |
Penns Woods Bancorp, Inc. | 18,583 | 841,438 | |
People's Utah Bancorp | 70,336 | 2,542,646 | |
Peoples Bancorp of North Carolina | 30,748 | 938,429 | |
Peoples Bancorp, Inc. | 89,194 | 3,198,497 | |
Peoples Financial Services Corp. | 27,751 | 1,275,991 | |
Pinnacle Financial Partners, Inc. | 333,513 | 21,528,264 | |
Popular, Inc. | 455,109 | 22,910,187 | |
Preferred Bank, Los Angeles (a) | 60,046 | 3,675,416 | |
Premier Financial Bancorp, Inc. | 39,763 | 775,379 | |
Prosperity Bancshares, Inc. | 314,411 | 23,530,519 | |
QCR Holdings, Inc. | 61,560 | 2,677,860 | |
Reliant Bancorp, Inc. (a) | 23,125 | 637,094 | |
Renasant Corp. | 191,243 | 8,929,136 | |
Republic Bancorp, Inc., Kentucky Class A | 37,884 | 1,841,541 | |
Republic First Bancorp, Inc. (a)(b) | 234,182 | 1,826,620 | |
S&T Bancorp, Inc. | 159,587 | 7,446,329 | |
Sandy Spring Bancorp, Inc. | 154,506 | 6,025,734 | |
SB Financial Group, Inc. | 8,937 | 179,634 | |
Sb One Bancorp | 28,331 | 787,602 | |
Seacoast Banking Corp., Florida (b) | 205,048 | 6,483,618 | |
Select Bancorp, Inc. New (b) | 96 | 1,230 | |
ServisFirst Bancshares, Inc. | 205,055 | 8,837,871 | |
Shore Bancshares, Inc. | 41,535 | 780,443 | |
Sierra Bancorp | 44,717 | 1,326,753 | |
Signature Bank | 238,397 | 27,592,069 | |
Simmons First National Corp. Class A | 354,645 | 11,206,782 | |
SmartFinancial, Inc. (b) | 30,919 | 759,989 | |
South State Corp. | 166,489 | 13,727,018 | |
Southern First Bancshares, Inc. (b) | 40,709 | 1,693,494 | |
Southern National Bancorp of Virginia, Inc. | 83,109 | 1,458,563 | |
Southside Bancshares, Inc. | 132,461 | 4,715,612 | |
Spirit of Texas Bancshares, Inc. (b) | 1,830 | 39,473 | |
State Bank Financial Corp. | 176,884 | 5,762,881 | |
Sterling Bancorp | 1,007,293 | 23,016,645 | |
Stock Yards Bancorp, Inc. | 112,644 | 4,359,323 | |
Summit Financial Group, Inc. | 28,203 | 710,716 | |
Synovus Financial Corp. | 526,811 | 26,372,159 | |
TCF Financial Corp. | 738,532 | 18,721,786 | |
Texas Capital Bancshares, Inc. (b) | 219,345 | 19,499,771 | |
The Bank of Princeton (a) | 25,818 | 849,412 | |
The First Bancorp, Inc. | 39,635 | 1,160,513 | |
Tompkins Financial Corp. | 55,799 | 4,903,058 | |
TowneBank | 295,598 | 9,636,495 | |
Trico Bancshares | 122,757 | 4,772,792 | |
TriState Capital Holdings, Inc. (b) | 111,590 | 3,319,803 | |
Triumph Bancorp, Inc. (b) | 104,153 | 4,421,295 | |
Trustmark Corp. | 304,379 | 10,799,367 | |
Two River Bancorp | 42,472 | 724,572 | |
UMB Financial Corp. | 202,353 | 15,225,040 | |
Umpqua Holdings Corp. | 991,855 | 21,225,697 | |
Union Bankshares Corp. | 248,597 | 10,341,635 | |
Union Bankshares, Inc. (a) | 25,753 | 1,352,033 | |
United Bancorp, Inc. | 40,892 | 541,819 | |
United Bankshares, Inc., West Virginia (a) | 469,143 | 18,484,234 | |
United Community Bank, Inc. | 326,619 | 9,909,620 | |
United Security Bancshares, Inc. | 8,386 | 93,504 | |
United Security Bancshares, California | 20,942 | 232,456 | |
Unity Bancorp, Inc. | 56,085 | 1,368,474 | |
Univest Corp. of Pennsylvania | 135,714 | 3,867,849 | |
Valley National Bancorp (a) | 1,177,250 | 14,185,863 | |
Veritex Holdings, Inc. (b) | 76,461 | 2,341,236 | |
Village Bank & Trust Financial Corp. (a)(b) | 8,718 | 294,233 | |
Washington Trust Bancorp, Inc. | 68,221 | 4,093,260 | |
Webster Financial Corp. (a) | 409,675 | 26,784,552 | |
WesBanco, Inc. | 250,914 | 12,382,606 | |
West Bancorp., Inc. | 61,749 | 1,491,238 | |
Westamerica Bancorp. (a) | 119,221 | 7,633,721 | |
Western Alliance Bancorp. (b) | 431,591 | 24,881,221 | |
Wintrust Financial Corp. | 243,506 | 21,562,456 | |
1,641,685,282 | |||
Capital Markets - 2.1% | |||
Arlington Asset Investment Corp. (a) | 118,586 | 1,206,020 | |
Artisan Partners Asset Management, Inc. | 224,170 | 7,431,236 | |
Ashford, Inc. (a) | 4,403 | 402,390 | |
Associated Capital Group, Inc. (a) | 20,279 | 758,435 | |
B. Riley Financial, Inc. | 76,339 | 1,748,163 | |
BGC Partners, Inc. Class A | 1,183,700 | 14,701,554 | |
Blucora, Inc. (b) | 208,857 | 7,560,623 | |
Cohen & Co., Inc. (a) | 1,650 | 16,022 | |
Cohen & Steers, Inc. (a) | 96,440 | 4,009,011 | |
Cowen Group, Inc. Class A (a)(b) | 132,552 | 2,014,790 | |
Diamond Hill Investment Group, Inc. | 14,496 | 2,704,809 | |
Eaton Vance Corp. (non-vtg.) | 521,796 | 27,514,303 | |
Evercore, Inc. Class A | 178,939 | 18,994,375 | |
FactSet Research Systems, Inc. | 171,927 | 39,438,335 | |
Federated Investors, Inc. Class B (non-vtg.) (a) | 423,700 | 9,812,892 | |
Gain Capital Holdings, Inc. | 113,781 | 838,566 | |
GAMCO Investors, Inc. Class A | 17,575 | 454,314 | |
Great Elm Capital Group, Inc. (b) | 109,690 | 340,039 | |
Greenhill & Co., Inc. | 109,667 | 3,015,843 | |
Hamilton Lane, Inc. Class A | 78,549 | 3,831,620 | |
Hennessy Advisors, Inc. (a) | 9,179 | 133,096 | |
Houlihan Lokey | 147,627 | 6,942,898 | |
iFresh, Inc. (a)(b) | 19,708 | 67,401 | |
Interactive Brokers Group, Inc. | 335,337 | 20,844,548 | |
INTL FCStone, Inc. (b) | 69,826 | 3,893,498 | |
Investment Technology Group, Inc. | 149,268 | 3,265,984 | |
Janus Henderson Group PLC (a) | 810,033 | 22,883,432 | |
Ladenburg Thalmann Financial Services, Inc. | 394,947 | 1,362,567 | |
Lazard Ltd. Class A | 579,675 | 27,905,555 | |
Legg Mason, Inc. | 373,124 | 11,641,469 | |
LPL Financial (a) | 395,983 | 26,229,914 | |
Manning & Napier, Inc. Class A | 53,255 | 154,440 | |
MarketAxess Holdings, Inc. | 167,397 | 31,775,299 | |
Medley Management, Inc. (a) | 32,101 | 168,530 | |
Moelis & Co. Class A | 193,809 | 11,250,612 | |
Morningstar, Inc. | 83,254 | 11,848,709 | |
National Holdings Corp. (b) | 3,418 | 11,109 | |
National Holdings Corp. warrants 1/18/22 (b) | 3,483 | 1,777 | |
Oppenheimer Holdings, Inc. Class A (non-vtg.) | 42,860 | 1,337,232 | |
Piper Jaffray Companies | 62,939 | 4,846,303 | |
PJT Partners, Inc. | 82,338 | 4,769,017 | |
Pzena Investment Management, Inc. | 56,939 | 517,006 | |
Safeguard Scientifics, Inc. (b) | 89,756 | 924,487 | |
SEI Investments Co. | 580,821 | 36,638,189 | |
Siebert Financial Corp. (a)(b) | 13,009 | 205,542 | |
Silvercrest Asset Management Group Class A | 17,563 | 278,374 | |
Stifel Financial Corp. | 324,377 | 18,122,943 | |
TD Ameritrade Holding Corp. | 1,213,022 | 71,046,699 | |
TheStreet.com, Inc. (b) | 83,675 | 174,881 | |
U.S. Global Investments, Inc. Class A (a) | 35,952 | 58,242 | |
Value Line, Inc. | 12,911 | 315,158 | |
Virtu Financial, Inc. Class A | 282,024 | 6,148,123 | |
Virtus Investment Partners, Inc. | 31,299 | 4,037,571 | |
Waddell & Reed Financial, Inc. Class A (a) | 361,200 | 7,231,224 | |
Westwood Holdings Group, Inc. | 46,301 | 2,663,697 | |
WisdomTree Investments, Inc. | 506,112 | 4,160,241 | |
490,649,107 | |||
Consumer Finance - 0.9% | |||
Ally Financial, Inc. | 1,901,935 | 51,124,013 | |
Asta Funding, Inc. (b) | 34,340 | 127,058 | |
Atlanticus Holdings Corp. (b) | 32,978 | 92,998 | |
Consumer Portfolio Services, Inc. (b) | 85,827 | 331,292 | |
Credit Acceptance Corp. (a)(b) | 57,193 | 26,120,615 | |
CURO Group Holdings Corp. (a)(b) | 42,226 | 1,303,094 | |
Elevate Credit, Inc. (b) | 76,316 | 714,318 | |
Encore Capital Group, Inc. (a)(b) | 113,833 | 4,411,029 | |
Enova International, Inc. (b) | 150,887 | 5,009,448 | |
EZCORP, Inc. (non-vtg.) Class A (a)(b) | 232,313 | 2,578,674 | |
First Cash Financial Services, Inc. | 202,051 | 16,426,746 | |
Green Dot Corp. Class A (b) | 210,618 | 18,043,644 | |
Imperial Holdings, Inc. warrants 4/11/19 (b) | 3,852 | 0 | |
LendingClub Corp. (a)(b) | 1,691,777 | 6,107,315 | |
Navient Corp. | 1,180,310 | 16,099,428 | |
Nelnet, Inc. Class A | 87,891 | 5,066,916 | |
Nicholas Financial, Inc. (b) | 72,274 | 850,665 | |
OneMain Holdings, Inc. (b) | 319,383 | 11,721,356 | |
PRA Group, Inc. (a)(b) | 207,395 | 7,580,287 | |
Regional Management Corp. (b) | 41,860 | 1,395,194 | |
Santander Consumer U.S.A. Holdings, Inc. | 509,138 | 10,987,198 | |
SLM Corp. (b) | 1,947,276 | 22,822,075 | |
World Acceptance Corp. (a)(b) | 27,296 | 3,237,579 | |
212,150,942 | |||
Diversified Financial Services - 0.4% | |||
A-Mark Precious Metals, Inc. | 15,255 | 203,349 | |
Acushnet Holdings Corp. | 183,086 | 4,952,476 | |
Alteryx, Inc. (a)(b) | 109,341 | 6,347,245 | |
AXA Equitable Holdings, Inc. (a) | 588,869 | 13,514,544 | |
Cannae Holdings, Inc. (b) | 299,169 | 5,815,845 | |
Columbia Financial, Inc. (a) | 229,910 | 3,892,376 | |
ConvergeOne Holdings, Inc. | 125,764 | 1,149,483 | |
Donnelley Financial Solutions, Inc. (b) | 154,248 | 3,222,241 | |
FB Financial Corp. | 77,781 | 3,420,808 | |
FGL Holdings Class A (a)(b) | 678,487 | 5,909,622 | |
Granite Point Mortgage Trust, Inc. | 201,912 | 3,864,596 | |
Marlin Business Services Corp. | 35,707 | 1,021,220 | |
On Deck Capital, Inc. (b) | 189,402 | 1,556,884 | |
Rafael Holdings, Inc. (b) | 43,941 | 413,924 | |
RBB Bancorp | 37,471 | 1,073,544 | |
Senseonics Holdings, Inc. (a)(b) | 390,673 | 1,593,946 | |
Victory Capital Holdings, Inc. (b) | 65,168 | 643,860 | |
Voya Financial, Inc. | 743,643 | 37,234,205 | |
95,830,168 | |||
Insurance - 3.6% | |||
1347 Property Insurance Holdings, Inc. (b) | 6,863 | 47,355 | |
Alleghany Corp. | 67,982 | 42,949,668 | |
AMBAC Financial Group, Inc. (b) | 196,852 | 4,159,483 | |
American Equity Investment Life Holding Co. | 401,573 | 14,894,343 | |
American Financial Group, Inc. | 304,286 | 33,885,289 | |
American National Insurance Co. | 40,865 | 5,244,614 | |
Amerisafe, Inc. | 86,713 | 5,532,289 | |
AmTrust Financial Services, Inc. (a) | 416,972 | 6,062,773 | |
Arch Capital Group Ltd. (b) | 1,816,867 | 55,541,624 | |
Argo Group International Holdings, Ltd. | 152,408 | 9,708,390 | |
Aspen Insurance Holdings Ltd. | 264,828 | 10,897,672 | |
Assured Guaranty Ltd. | 502,010 | 20,451,887 | |
Athene Holding Ltd. (b) | 563,806 | 27,998,606 | |
Atlas Financial Holdings, Inc. (b) | 41,883 | 429,301 | |
Axis Capital Holdings Ltd. | 370,482 | 21,310,125 | |
Blue Capital Reinsurance Holdings Ltd. | 23,495 | 237,300 | |
Brown & Brown, Inc. | 1,020,481 | 31,104,261 | |
Citizens, Inc. Class A (a)(b) | 181,405 | 1,523,802 | |
CNA Financial Corp. | 128,322 | 5,761,658 | |
CNO Financial Group, Inc. | 743,708 | 16,071,530 | |
Conifer Holdings, Inc. (b) | 13,147 | 80,854 | |
Crawford & Co. Class B | 85,249 | 743,371 | |
Donegal Group, Inc. Class A | 117,281 | 1,694,710 | |
eHealth, Inc. (b) | 76,766 | 2,240,800 | |
EMC Insurance Group | 31,595 | 811,360 | |
Employers Holdings, Inc. | 147,126 | 6,745,727 | |
Enstar Group Ltd. (b) | 51,989 | 11,099,652 | |
Erie Indemnity Co. Class A | 85,465 | 10,557,491 | |
FBL Financial Group, Inc. Class A | 44,226 | 3,597,785 | |
Fednat Holding Co. | 49,542 | 1,302,955 | |
First American Financial Corp. | 496,471 | 28,229,341 | |
FNF Group | 1,224,770 | 49,113,277 | |
Genworth Financial, Inc. Class A (b) | 2,226,324 | 10,352,407 | |
Global Indemnity Ltd. | 36,933 | 1,456,268 | |
Greenlight Capital Re, Ltd. (a)(b) | 126,769 | 1,628,982 | |
Hallmark Financial Services, Inc. (b) | 48,662 | 546,474 | |
Hanover Insurance Group, Inc. | 188,741 | 23,118,885 | |
HCI Group, Inc. | 35,392 | 1,433,376 | |
Health Insurance Innovations, Inc. (a)(b) | 55,710 | 2,947,059 | |
Heritage Insurance Holdings, Inc. | 104,451 | 1,530,207 | |
Horace Mann Educators Corp. | 186,342 | 8,627,635 | |
Independence Holding Co. (a) | 86,216 | 3,039,114 | |
Investors Title Co. | 5,700 | 1,105,800 | |
James River Group Holdings Ltd. | 133,863 | 5,481,690 | |
Kemper Corp. | 276,237 | 22,471,880 | |
Kingstone Companies, Inc. | 38,480 | 713,804 | |
Kinsale Capital Group, Inc. | 89,995 | 5,468,996 | |
Maiden Holdings Ltd. | 310,745 | 1,180,831 | |
Markel Corp. (b) | 61,956 | 74,892,413 | |
MBIA, Inc. (a)(b) | 409,386 | 4,204,394 | |
Mercury General Corp. | 166,147 | 8,955,323 | |
National General Holdings Corp. | 275,563 | 7,525,626 | |
National Western Life Group, Inc. | 10,543 | 3,436,491 | |
Navigators Group, Inc. | 102,238 | 7,156,660 | |
NI Holdings, Inc. (b) | 44,844 | 756,967 | |
Old Republic International Corp. | 1,111,127 | 24,644,797 | |
Primerica, Inc. | 195,571 | 23,908,555 | |
ProAssurance Corp. | 241,937 | 11,697,654 | |
Protective Insurance Corp. Class B | 41,959 | 986,037 | |
Reinsurance Group of America, Inc. | 284,201 | 40,598,113 | |
RenaissanceRe Holdings Ltd. | 178,743 | 23,765,669 | |
RLI Corp. | 173,289 | 13,338,054 | |
Safety Insurance Group, Inc. | 68,539 | 6,627,721 | |
Selective Insurance Group, Inc. | 263,903 | 16,942,573 | |
State Auto Financial Corp. | 70,543 | 2,214,345 | |
Stewart Information Services Corp. | 105,775 | 4,736,605 | |
Third Point Reinsurance Ltd. (b) | 377,614 | 5,060,028 | |
Tiptree, Inc. | 126,062 | 819,403 | |
Trupanion, Inc. (a)(b) | 95,617 | 3,651,613 | |
United Fire Group, Inc. | 96,136 | 4,761,616 | |
United Insurance Holdings Corp. | 88,954 | 1,852,912 | |
Universal Insurance Holdings, Inc. | 146,714 | 6,543,444 | |
W.R. Berkley Corp. | 422,643 | 33,076,041 | |
White Mountains Insurance Group Ltd. | 13,115 | 12,170,064 | |
865,455,819 | |||
Mortgage Real Estate Investment Trusts - 1.3% | |||
AG Mortgage Investment Trust, Inc. | 126,006 | 2,368,913 | |
AGNC Investment Corp. | 2,106,830 | 40,071,907 | |
American Capital Mortgage Investment Corp. | 216,830 | 4,249,868 | |
Annaly Capital Management, Inc. | 5,117,305 | 54,345,779 | |
Anworth Mortgage Asset Corp. | 512,999 | 2,503,435 | |
Apollo Commercial Real Estate Finance, Inc. | 489,115 | 9,503,504 | |
Arbor Realty Trust, Inc. (a) | 279,601 | 3,427,908 | |
Ares Commercial Real Estate Corp. | 137,967 | 2,017,078 | |
Armour Residential REIT, Inc. | 197,044 | 4,634,475 | |
Blackstone Mortgage Trust, Inc. (a) | 510,491 | 17,387,323 | |
Capstead Mortgage Corp. | 445,345 | 3,740,898 | |
Cherry Hill Mortgage Investment Corp. | 99,628 | 1,853,081 | |
Chimera Investment Corp. | 831,896 | 15,498,222 | |
Dynex Capital, Inc. | 297,409 | 1,906,392 | |
Ellington Residential Mortgage REIT | 39,894 | 471,547 | |
Exantas Capital Corp. | 143,640 | 1,702,134 | |
Great Ajax Corp. | 65,572 | 894,402 | |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. (a) | 241,543 | 5,207,667 | |
Hunt Companies Finance Trust I (a) | 76,218 | 273,623 | |
Invesco Mortgage Capital, Inc. | 513,234 | 8,329,788 | |
KKR Real Estate Finance Trust, Inc. (a) | 140,227 | 2,972,812 | |
Ladder Capital Corp. Class A | 446,979 | 7,764,025 | |
MFA Financial, Inc. | 2,003,665 | 15,348,074 | |
New Residential Investment Corp. | 1,477,565 | 27,438,382 | |
New York Mortgage Trust, Inc. (a) | 611,164 | 3,911,450 | |
Orchid Island Capital, Inc. (a) | 253,296 | 2,011,170 | |
Owens Realty Mortgage, Inc. (a) | 36,988 | 610,302 | |
PennyMac Mortgage Investment Trust | 273,176 | 5,458,056 | |
Redwood Trust, Inc. | 357,375 | 6,068,228 | |
Starwood Property Trust, Inc. | 1,150,852 | 25,353,270 | |
Two Harbors Investment Corp. | 1,104,179 | 17,247,276 | |
Western Asset Mortgage Capital Corp. | 187,651 | 2,088,556 | |
ZAIS Financial Corp. | 76,880 | 1,318,492 | |
297,978,037 | |||
Real Estate Management & Development - 0.0% | |||
The RMR Group, Inc. | 33,296 | 3,144,807 | |
Thrifts & Mortgage Finance - 1.1% | |||
BankFinancial Corp. | 74,436 | 1,187,254 | |
Beneficial Bancorp, Inc. | 350,460 | 6,168,096 | |
BofI Holding, Inc. (a)(b) | 242,587 | 9,033,940 | |
BSB Bancorp, Inc. (a)(b) | 29,275 | 974,858 | |
Capitol Federal Financial, Inc. | 645,033 | 8,520,886 | |
Charter Financial Corp. | 64,185 | 1,598,848 | |
Citizens Community Bancorp, Inc. | 15,344 | 216,350 | |
Coastway Bancorp, Inc. (b) | 8,700 | 241,425 | |
Dime Community Bancshares, Inc. | 149,800 | 2,718,870 | |
Elmira Savings Bank | 190 | 3,829 | |
Entegra Financial Corp. (b) | 76,530 | 2,104,575 | |
ESSA Bancorp, Inc. | 31,879 | 512,614 | |
Essent Group Ltd. (b) | 369,106 | 16,004,436 | |
Farmer Mac Class C (non-vtg.) | 44,824 | 3,454,586 | |
First Capital, Inc. | 12,741 | 509,640 | |
First Defiance Financial Corp. | 99,544 | 3,184,413 | |
Flagstar Bancorp, Inc. (b) | 129,103 | 4,266,854 | |
FS Bancorp, Inc. (a) | 14,770 | 861,534 | |
Greene County Bancorp, Inc. (a) | 1,994 | 69,690 | |
Hamilton Bancorp, Inc. (b) | 68 | 972 | |
Hingham Institution for Savings | 8,302 | 1,801,617 | |
HMN Financial, Inc. (b) | 3,799 | 78,639 | |
Home Bancorp, Inc. | 30,230 | 1,383,023 | |
Home Federal Bancorp, Inc. | 30 | 1,043 | |
HomeStreet, Inc. (b) | 119,715 | 3,525,607 | |
HopFed Bancorp, Inc. | 17,764 | 301,988 | |
Impac Mortgage Holdings, Inc. (a)(b) | 64,633 | 483,455 | |
Kearny Financial Corp. | 490,203 | 6,715,781 | |
Lendingtree, Inc. (a)(b) | 34,798 | 8,816,073 | |
Malvern Bancorp, Inc. (a)(b) | 62,881 | 1,546,873 | |
Meridian Bancorp, Inc. Maryland | 244,400 | 4,374,760 | |
Meta Financial Group, Inc. | 39,712 | 3,439,059 | |
MGIC Investment Corp. (b) | 1,661,841 | 21,138,618 | |
New York Community Bancorp, Inc. (a) | 2,167,553 | 23,344,546 | |
NMI Holdings, Inc. (b) | 265,572 | 5,736,355 | |
Northfield Bancorp, Inc. | 216,694 | 3,527,778 | |
Northwest Bancshares, Inc. (a) | 464,486 | 8,462,935 | |
OceanFirst Financial Corp. (a) | 180,565 | 5,272,498 | |
Ocwen Financial Corp. (b) | 477,081 | 1,994,199 | |
Oritani Financial Corp. | 186,116 | 3,015,079 | |
PB Bancorp, Inc. | 6,939 | 81,880 | |
PennyMac Financial Services, Inc. | 101,167 | 2,139,682 | |
PHH Corp. (b) | 162,986 | 1,768,398 | |
Poage Bankshares, Inc. | 8,102 | 213,488 | |
Provident Bancorp, Inc. (b) | 82,600 | 2,337,580 | |
Provident Financial Holdings, Inc. | 21,391 | 393,594 | |
Provident Financial Services, Inc. | 275,627 | 6,954,069 | |
Prudential Bancorp, Inc. | 80,795 | 1,485,012 | |
Radian Group, Inc. | 959,394 | 19,504,480 | |
Riverview Bancorp, Inc. | 143,960 | 1,418,006 | |
Security National Financial Corp. Class A | 39,889 | 209,417 | |
SI Financial Group, Inc. | 22,747 | 315,046 | |
Southern Missouri Bancorp, Inc. | 20,102 | 804,080 | |
Sterling Bancorp, Inc. | 111,108 | 1,361,073 | |
Territorial Bancorp, Inc. | 30,075 | 898,641 | |
TFS Financial Corp. | 274,017 | 4,230,822 | |
Timberland Bancorp, Inc. | 26,555 | 942,968 | |
Trustco Bank Corp., New York | 431,279 | 3,989,331 | |
United Community Bancorp, Inc. | 20,670 | 552,923 | |
United Community Financial Corp. | 246,363 | 2,549,857 | |
United Financial Bancorp, Inc. New | 234,466 | 4,166,461 | |
Walker & Dunlop, Inc. | 129,457 | 7,055,407 | |
Washington Federal, Inc. (a) | 375,596 | 12,807,824 | |
Waterstone Financial, Inc. | 131,102 | 2,215,624 | |
Westfield Financial, Inc. | 124,040 | 1,321,026 | |
WMI Holdings Corp. (a)(b) | 1,391,949 | 2,101,843 | |
WSFS Financial Corp. | 144,979 | 7,074,975 | |
255,487,103 | |||
TOTAL FINANCIALS | 3,862,381,265 | ||
HEALTH CARE - 12.7% | |||
Biotechnology - 5.0% | |||
Abeona Therapeutics, Inc. (a)(b) | 138,708 | 2,136,103 | |
ACADIA Pharmaceuticals, Inc. (a)(b) | 449,938 | 6,398,118 | |
Acceleron Pharma, Inc. (a)(b) | 170,677 | 9,219,972 | |
Achaogen, Inc. (a)(b) | 152,648 | 807,508 | |
Achillion Pharmaceuticals, Inc. (b) | 646,500 | 2,230,425 | |
Acorda Therapeutics, Inc. (b) | 209,696 | 6,039,245 | |
Actinium Pharmaceuticals, Inc. (a)(b) | 386,446 | 247,325 | |
Adamas Pharmaceuticals, Inc. (a)(b) | 96,033 | 2,211,640 | |
ADMA Biologics, Inc. (a)(b) | 105,827 | 676,235 | |
Aduro Biotech, Inc. (a)(b) | 168,694 | 1,248,336 | |
Advaxis, Inc. (b) | 192,048 | 278,470 | |
Adverum Biotechnologies, Inc. (b) | 186,902 | 1,420,455 | |
Aeglea BioTherapeutics, Inc. (b) | 60,822 | 664,784 | |
Aevi Genomic Medicine, Inc. (b) | 123,543 | 154,429 | |
Agenus, Inc. (a)(b) | 337,105 | 745,002 | |
Agios Pharmaceuticals, Inc. (a)(b) | 220,940 | 17,834,277 | |
Aimmune Therapeutics, Inc. (a)(b) | 176,727 | 4,932,451 | |
Akebia Therapeutics, Inc. (b) | 242,511 | 1,991,015 | |
Albireo Pharma, Inc. (a)(b) | 32,576 | 1,126,478 | |
Alder Biopharmaceuticals, Inc. (a)(b) | 263,439 | 4,768,246 | |
Aldeyra Therapeutics, Inc. (b) | 73,438 | 620,551 | |
Alkermes PLC (a)(b) | 690,938 | 30,981,660 | |
Allena Pharmaceuticals, Inc. (b) | 20,941 | 228,257 | |
Alnylam Pharmaceuticals, Inc. (b) | 373,747 | 45,847,544 | |
Alpine Immune Sciences, Inc. (b) | 17,610 | 118,339 | |
Altimmune, Inc. (a)(b) | 24,357 | 7,794 | |
AMAG Pharmaceuticals, Inc. (a)(b) | 149,565 | 3,649,386 | |
Amicus Therapeutics, Inc. (a)(b) | 840,227 | 11,326,260 | |
AmpliPhi Biosciences Corp. (a)(b) | 71,558 | 70,599 | |
AnaptysBio, Inc. (a)(b) | 65,853 | 5,837,210 | |
Anavex Life Sciences Corp. (a)(b) | 184,561 | 492,778 | |
Apellis Pharmaceuticals, Inc. (a)(b) | 158,023 | 3,059,325 | |
Applied Genetic Technologies Corp. (b) | 46,793 | 208,229 | |
Aptevo Therapeutics, Inc. (b) | 61,583 | 339,938 | |
AquaBounty Technologies, Inc. (b) | 3,886 | 11,503 | |
Aquinox Pharmaceuticals, Inc. (b) | 101,486 | 316,636 | |
ARCA Biopharma, Inc. (b) | 47,776 | 29,430 | |
Arcus Biosciences, Inc. (a) | 57,927 | 834,149 | |
Ardelyx, Inc. (b) | 222,415 | 956,385 | |
Arena Pharmaceuticals, Inc. (b) | 218,740 | 8,495,862 | |
ArQule, Inc. (b) | 437,492 | 2,900,572 | |
Array BioPharma, Inc. (a)(b) | 937,303 | 14,593,808 | |
Arrowhead Pharmaceuticals, Inc. (a)(b) | 396,371 | 5,850,436 | |
Arsanis, Inc. (b) | 19,229 | 44,034 | |
Asterias Biotherapeutics, Inc. (a)(b) | 100,621 | 155,963 | |
Atara Biotherapeutics, Inc. (a)(b) | 196,240 | 8,036,028 | |
Athersys, Inc. (a)(b) | 600,575 | 1,237,185 | |
aTyr Pharma, Inc. (a)(b) | 92,415 | 66,714 | |
Audentes Therapeutics, Inc. (b) | 122,722 | 4,467,081 | |
AVEO Pharmaceuticals, Inc. (a)(b) | 432,567 | 1,293,375 | |
Avid Bioservices, Inc. (a)(b) | 225,155 | 1,648,135 | |
Bellicum Pharmaceuticals, Inc. (a)(b) | 198,381 | 1,434,295 | |
Biocept, Inc. (b) | 5,126 | 18,044 | |
BioCryst Pharmaceuticals, Inc. (a)(b) | 482,017 | 3,451,242 | |
Biohaven Pharmaceutical Holding Co. Ltd. (a)(b) | 122,164 | 4,625,129 | |
BioMarin Pharmaceutical, Inc. (b) | 793,133 | 79,297,437 | |
Biospecifics Technologies Corp. (b) | 19,687 | 1,056,011 | |
BioTime, Inc. (a)(b) | 561,266 | 1,543,482 | |
bluebird bio, Inc. (a)(b) | 238,471 | 40,134,669 | |
Blueprint Medicines Corp. (a)(b) | 174,790 | 13,401,149 | |
BrainStorm Cell Therpeutic, Inc. (a)(b) | 59,499 | 235,616 | |
Calithera Biosciences, Inc. (b) | 113,033 | 616,030 | |
Calyxt, Inc. (a)(b) | 37,842 | 640,665 | |
Cancer Genetics, Inc. (a)(b) | 66,933 | 60,601 | |
Capricor Therapeutics, Inc. (a)(b) | 73,472 | 88,901 | |
Cara Therapeutics, Inc. (a)(b) | 152,691 | 3,079,777 | |
CareDx, Inc. (b) | 141,215 | 3,432,937 | |
CASI Pharmaceuticals, Inc. (a)(b) | 205,257 | 1,426,536 | |
Catabasis Pharmaceuticals, Inc. (b) | 285,082 | 202,408 | |
Catalyst Biosciences, Inc. (a)(b) | 55,172 | 603,030 | |
Catalyst Pharmaceutical Partners, Inc. (b) | 396,208 | 1,335,221 | |
Cel-Sci Corp. (a)(b) | 58,284 | 156,201 | |
Celcuity, Inc. (b) | 11,425 | 282,426 | |
Celldex Therapeutics, Inc. (b) | 554,944 | 278,582 | |
Cellectar Biosciences, Inc. (a)(b) | 7,104 | 21,383 | |
Cellular Biomedicine Group, Inc. (a)(b) | 45,744 | 972,060 | |
Celsion Corp. (a)(b) | 28,275 | 80,584 | |
ChemoCentryx, Inc. (b) | 94,481 | 1,245,260 | |
Chimerix, Inc. (b) | 178,291 | 711,381 | |
Cidara Therapeutics, Inc. (a)(b) | 38,035 | 161,649 | |
Cleveland Biolabs, Inc. (a)(b) | 9,814 | 18,745 | |
Clovis Oncology, Inc. (a)(b) | 234,766 | 8,392,885 | |
Co.-Diagnostics, Inc. (a)(b) | 39,607 | 125,950 | |
CohBar, Inc. (a)(b) | 98,160 | 514,358 | |
Coherus BioSciences, Inc. (a)(b) | 233,520 | 4,705,428 | |
Conatus Pharmaceuticals, Inc. (a)(b) | 120,590 | 676,510 | |
Concert Pharmaceuticals, Inc. (b) | 67,764 | 1,068,638 | |
ContraFect Corp. (a)(b) | 293,502 | 645,704 | |
Corbus Pharmaceuticals Holdings, Inc. (a)(b) | 207,882 | 1,216,110 | |
Corvus Pharmaceuticals, Inc. (a)(b) | 43,398 | 475,642 | |
CTI BioPharma Corp. (a)(b) | 232,172 | 436,483 | |
Cue Biopharma, Inc. (a)(b) | 42,006 | 404,098 | |
Curis, Inc. (a)(b) | 112,824 | 191,801 | |
Cyclacel Pharmaceuticals, Inc. (a)(b) | 17,418 | 26,650 | |
Cytokinetics, Inc. (b) | 220,477 | 1,741,768 | |
CytomX Therapeutics, Inc. (b) | 196,032 | 4,408,760 | |
Cytori Therapeutics, Inc. (a)(b) | 15,265 | 7,968 | |
CytRx Corp. (a)(b) | 103,666 | 117,143 | |
Deciphera Pharmaceuticals, Inc. (a)(b) | 63,419 | 2,345,869 | |
Denali Therapeutics, Inc. (a)(b) | 74,724 | 1,466,832 | |
Dicerna Pharmaceuticals, Inc. (a)(b) | 107,979 | 1,711,467 | |
Dyax Corp. rights 12/31/19 (b)(d) | 559,523 | 2,238,092 | |
Dynavax Technologies Corp. (a)(b) | 248,617 | 3,443,345 | |
Eagle Pharmaceuticals, Inc. (a)(b) | 39,285 | 2,715,772 | |
Edge Therapeutics, Inc. (a)(b) | 89,666 | 79,803 | |
Editas Medicine, Inc. (a)(b) | 174,862 | 5,740,719 | |
Eiger Biopharmaceuticals, Inc. (b) | 52,179 | 673,109 | |
Emergent BioSolutions, Inc. (b) | 166,223 | 10,305,826 | |
Enanta Pharmaceuticals, Inc. (b) | 64,885 | 5,899,993 | |
Epizyme, Inc. (a)(b) | 226,118 | 2,668,192 | |
Esperion Therapeutics, Inc. (a)(b) | 90,914 | 4,499,334 | |
Evelo Biosciences, Inc. (a) | 35,269 | 475,073 | |
Exact Sciences Corp. (a)(b) | 546,870 | 40,955,094 | |
Exelixis, Inc. (b) | 1,258,987 | 23,656,366 | |
Fate Therapeutics, Inc. (a)(b) | 189,571 | 2,443,570 | |
Fibrocell Science, Inc. (a)(b) | 8,213 | 16,262 | |
FibroGen, Inc. (b) | 347,043 | 21,221,679 | |
Five Prime Therapeutics, Inc. (b) | 153,119 | 2,143,666 | |
Flexion Therapeutics, Inc. (a)(b) | 163,082 | 3,734,578 | |
Fortress Biotech, Inc. (a)(b) | 157,432 | 310,141 | |
Galectin Therapeutics, Inc. (a)(b) | 127,369 | 824,077 | |
Genocea Biosciences, Inc. (a)(b) | 154,944 | 99,164 | |
Genomic Health, Inc. (b) | 91,036 | 5,568,672 | |
GenVec, Inc. rights (b)(d) | 14,247 | 0 | |
Geron Corp. (a)(b) | 820,267 | 4,700,130 | |
Global Blood Therapeutics, Inc. (a)(b) | 219,712 | 10,754,902 | |
GlycoMimetics, Inc. (a)(b) | 156,095 | 2,297,718 | |
GTx, Inc. (a)(b) | 47,337 | 1,132,301 | |
Halozyme Therapeutics, Inc. (a)(b) | 607,669 | 11,187,186 | |
Heat Biologics, Inc. (a)(b) | 93,985 | 193,609 | |
Hemispherx Biopharma, Inc. (b) | 62,748 | 17,256 | |
Heron Therapeutics, Inc. (a)(b) | 305,511 | 11,777,449 | |
Histogenics Corp. (b) | 265 | 774 | |
Homology Medicines, Inc. (a)(b) | 54,605 | 909,173 | |
iBio, Inc. (a)(b) | 29,669 | 24,622 | |
Idera Pharmaceuticals, Inc. (a)(b) | 101,043 | 1,056,910 | |
Immucell Corp. (b) | 6,616 | 46,114 | |
Immune Design Corp. (b) | 134,903 | 512,631 | |
ImmunoCellular Therapeutics Ltd. (a)(b) | 6,221 | 1,462 | |
ImmunoGen, Inc. (a)(b) | 646,693 | 6,589,802 | |
Immunomedics, Inc. (a)(b) | 716,398 | 19,170,810 | |
Infinity Pharmaceuticals, Inc. (a)(b) | 232,096 | 524,537 | |
Inovio Pharmaceuticals, Inc. (a)(b) | 363,067 | 1,909,732 | |
Insmed, Inc. (a)(b) | 348,393 | 6,943,472 | |
Insys Therapeutics, Inc. (a)(b) | 115,834 | 1,083,048 | |
Intellia Therapeutics, Inc. (a)(b) | 92,693 | 2,866,994 | |
Intercept Pharmaceuticals, Inc. (a)(b) | 93,873 | 10,495,001 | |
Intrexon Corp. (a)(b) | 304,593 | 4,684,640 | |
Invitae Corp. (b) | 272,475 | 4,035,355 | |
Ionis Pharmaceuticals, Inc. (a)(b) | 613,176 | 28,016,011 | |
Iovance Biotherapeutics, Inc. (a)(b) | 379,967 | 6,725,416 | |
Ironwood Pharmaceuticals, Inc. Class A (a)(b) | 630,148 | 12,124,048 | |
IsoRay, Inc. (a)(b) | 208,785 | 106,794 | |
ITUS Corp. (a)(b) | 61,216 | 233,233 | |
Jounce Therapeutics, Inc. (a)(b) | 33,980 | 266,743 | |
Kadmon Holdings, Inc. (a)(b) | 480,225 | 2,069,770 | |
Kalvista Pharmaceuticals, Inc. (b) | 32,020 | 544,340 | |
Karyopharm Therapeutics, Inc. (b) | 238,564 | 5,021,772 | |
Keryx Biopharmaceuticals, Inc. (a)(b) | 458,907 | 1,564,873 | |
Kindred Biosciences, Inc. (b) | 131,750 | 1,963,075 | |
Krystal Biotech, Inc. (a) | 32,537 | 533,932 | |
Kura Oncology, Inc. (a)(b) | 131,794 | 2,701,777 | |
La Jolla Pharmaceutical Co. (a)(b) | 94,167 | 2,169,608 | |
Leap Therapeutics, Inc. (b) | 26,958 | 198,680 | |
Lexicon Pharmaceuticals, Inc. (a)(b) | 224,291 | 2,595,047 | |
Ligand Pharmaceuticals, Inc.: | |||
Class B (a)(b) | 94,939 | 24,654,709 | |
General CVR (b) | 26,087 | 261 | |
Glucagon CVR | 26,087 | 1,696 | |
rights (b) | 26,087 | 170 | |
TR Beta CVR (b) | 26,087 | 1,826 | |
Loxo Oncology, Inc. (a)(b) | 97,178 | 16,421,138 | |
Macrogenics, Inc. (a)(b) | 172,681 | 3,776,533 | |
Madrigal Pharmaceuticals, Inc. (a)(b) | 36,749 | 8,790,728 | |
MannKind Corp. (a)(b) | 637,070 | 700,777 | |
Matinas BioPharma Holdings, Inc. (a)(b) | 308,906 | 142,097 | |
MediciNova, Inc. (a)(b) | 166,326 | 2,024,187 | |
MEI Pharma, Inc. (a)(b) | 153,139 | 640,121 | |
Menlo Therapeutics, Inc. (b) | 35,234 | 270,597 | |
Merrimack Pharmaceuticals, Inc. (a)(b) | 57,524 | 340,542 | |
MiMedx Group, Inc. (a)(b) | 445,924 | 2,363,397 | |
Minerva Neurosciences, Inc. (b) | 136,049 | 1,414,910 | |
Miragen Therapeutics, Inc. (a)(b) | 80,669 | 500,954 | |
Mirati Therapeutics, Inc. (a)(b) | 143,058 | 8,089,930 | |
Molecular Templates, Inc. (b) | 22,628 | 130,337 | |
Moleculin Biotech, Inc. (a)(b) | 87,362 | 150,263 | |
Momenta Pharmaceuticals, Inc. (b) | 353,619 | 9,370,904 | |
Myriad Genetics, Inc. (b) | 312,663 | 15,567,491 | |
NanoViricides, Inc. (b) | 140,703 | 59,109 | |
NantKwest, Inc. (a)(b) | 114,076 | 386,718 | |
Natera, Inc. (b) | 156,470 | 4,324,831 | |
Navidea Biopharmaceuticals, Inc. (a)(b) | 561,053 | 98,689 | |
Neuralstem, Inc. (a)(b) | 66,443 | 81,060 | |
Neurocrine Biosciences, Inc. (b) | 400,230 | 49,208,279 | |
NewLink Genetics Corp. (b) | 118,072 | 366,023 | |
Novavax, Inc. (a)(b) | 1,702,293 | 2,655,577 | |
Ohr Pharmaceutical, Inc. (a)(b) | 231,472 | 45,137 | |
OncoCyte Corp. (a)(b) | 11,421 | 29,124 | |
OncoGenex Pharmaceuticals, Inc. (b) | 799 | 2,405 | |
OncoMed Pharmaceuticals, Inc. (b) | 78,284 | 180,053 | |
OncoSec Medical, Inc. (a)(b) | 149,613 | 224,420 | |
OpGen, Inc. (b) | 1,613 | 3,097 | |
Ophthotech Corp. (b) | 121,119 | 310,065 | |
Opiant Pharmaceuticals, Inc. (a)(b) | 3,155 | 69,189 | |
Opko Health, Inc. (a)(b) | 1,616,468 | 9,569,491 | |
Oragenics, Inc. (b) | 7,849 | 3,375 | |
Organovo Holdings, Inc. (a)(b) | 464,074 | 598,655 | |
OvaScience, Inc. (b) | 151,945 | 117,605 | |
Ovid Therapeutics, Inc. (b) | 16,440 | 109,655 | |
Palatin Technologies, Inc. (a)(b) | 709,453 | 716,548 | |
PDL BioPharma, Inc. (a)(b) | 684,620 | 1,656,780 | |
Pfenex, Inc. (b) | 111,342 | 587,886 | |
Polarityte, Inc. (a)(b) | 71,416 | 2,041,069 | |
Portola Pharmaceuticals, Inc. (a)(b) | 293,563 | 8,762,856 | |
Progenics Pharmaceuticals, Inc. (a)(b) | 361,673 | 2,831,900 | |
Protagonist Therapeutics, Inc. (b) | 53,121 | 511,555 | |
Proteon Therapeutics, Inc. (b) | 23,825 | 55,989 | |
Proteostasis Therapeutics, Inc. (a)(b) | 107,211 | 288,398 | |
Prothena Corp. PLC (a)(b) | 192,123 | 2,924,112 | |
PTC Therapeutics, Inc. (a)(b) | 172,704 | 7,208,665 | |
Puma Biotechnology, Inc. (a)(b) | 134,984 | 5,932,547 | |
Ra Pharmaceuticals, Inc. (a)(b) | 57,597 | 702,683 | |
Radius Health, Inc. (a)(b) | 179,153 | 3,685,177 | |
Recro Pharma, Inc. (b) | 58,289 | 371,884 | |
REGENXBIO, Inc. (a)(b) | 129,968 | 9,156,246 | |
Regulus Therapeutics, Inc. (a)(b) | 361,993 | 83,874 | |
Repligen Corp. (a)(b) | 167,201 | 9,175,991 | |
Retrophin, Inc. (a)(b) | 186,923 | 5,923,590 | |
Rexahn Pharmaceuticals, Inc. (a)(b) | 101,860 | 175,199 | |
Rigel Pharmaceuticals, Inc. (a)(b) | 708,488 | 2,415,944 | |
Riot Blockchain, Inc. (a) | 57,276 | 360,839 | |
Rocket Pharmaceuticals, Inc. (a)(b) | 49,868 | 1,189,352 | |
RXi Pharmaceuticals Corp. (a)(b) | 9,023 | 13,986 | |
Sage Therapeutics, Inc. (a)(b) | 207,325 | 34,055,205 | |
Sangamo Therapeutics, Inc. (a)(b) | 457,613 | 8,351,437 | |
Sarepta Therapeutics, Inc. (a)(b) | 274,157 | 37,844,632 | |
Savara, Inc. (a)(b) | 124,425 | 1,463,238 | |
Seattle Genetics, Inc. (a)(b) | 473,081 | 36,313,698 | |
Selecta Biosciences, Inc. (a)(b) | 39,918 | 541,288 | |
Sellas Life Sciences Group, Inc. (b) | 1,077 | 1,163 | |
Seres Therapeutics, Inc. (a)(b) | 90,896 | 798,067 | |
Sesen Bio, Inc. (a)(b) | 280,517 | 628,358 | |
Sienna Biopharmaceuticals, Inc. (a)(b) | 20,545 | 342,280 | |
Soleno Therapeutics, Inc. (b) | 28,496 | 59,842 | |
Solid Biosciences, Inc. (b) | 36,076 | 1,539,363 | |
Soligenix, Inc. (b) | 19,921 | 31,674 | |
Sophiris Bio, Inc. (a)(b) | 132,978 | 426,859 | |
Sorrento Therapeutics, Inc. (a)(b) | 409,610 | 2,273,336 | |
Spark Therapeutics, Inc. (a)(b) | 139,714 | 8,607,780 | |
Spectrum Pharmaceuticals, Inc. (a)(b) | 417,957 | 8,998,614 | |
Spring Bank Pharmaceuticals, Inc. (a)(b) | 54,942 | 779,627 | |
Stemline Therapeutics, Inc. (b) | 120,107 | 2,053,830 | |
Sunesis Pharmaceuticals, Inc. (a)(b) | 108,923 | 237,452 | |
Surface Oncology, Inc. | 45,281 | 439,226 | |
Syndax Pharmaceuticals, Inc. (a)(b) | 83,036 | 644,359 | |
Synergy Pharmaceuticals, Inc. (a)(b) | 1,146,147 | 2,234,987 | |
Synlogic, Inc. (b) | 56,306 | 595,717 | |
Synthetic Biologics, Inc. (a)(b) | 14,928 | 42,843 | |
Syros Pharmaceuticals, Inc. (a)(b) | 91,940 | 1,129,943 | |
T2 Biosystems, Inc. (a)(b) | 160,347 | 1,047,066 | |
Tapimmune, Inc. (a)(b) | 30,101 | 259,471 | |
Tenax Therapeutics, Inc. (a)(b) | 1,474 | 7,915 | |
TESARO, Inc. (a)(b) | 169,250 | 5,492,163 | |
TG Therapeutics, Inc. (a)(b) | 289,019 | 3,670,541 | |
Tocagen, Inc. (a)(b) | 41,610 | 405,698 | |
TONIX Pharmaceuticals Holding (a)(b) | 36,311 | 38,853 | |
TRACON Pharmaceuticals, Inc. (a)(b) | 24,172 | 50,761 | |
Trevena, Inc. (a)(b) | 209,516 | 377,129 | |
Trovagene, Inc. (a)(b) | 94,868 | 77,792 | |
Ultragenyx Pharmaceutical, Inc. (b) | 210,309 | 17,819,482 | |
United Therapeutics Corp. (b) | 193,566 | 23,806,682 | |
UNITY Biotechnology, Inc. (a) | 35,335 | 673,485 | |
Unum Therapeutics, Inc. (a) | 43,783 | 714,101 | |
Vanda Pharmaceuticals, Inc. (a)(b) | 237,727 | 4,594,074 | |
Vaxart, Inc. (a)(b) | 10,186 | 31,067 | |
VBI Vaccines, Inc. (a)(b) | 125,821 | 256,675 | |
Veracyte, Inc. (b) | 136,189 | 1,721,429 | |
Verastem, Inc. (a)(b) | 304,264 | 3,030,469 | |
Vericel Corp. (a)(b) | 198,807 | 2,425,445 | |
Versartis, Inc. (b) | 105,167 | 189,301 | |
Vical, Inc. (b) | 103,172 | 143,409 | |
Viking Therapeutics, Inc. (a)(b) | 200,886 | 2,625,580 | |
VistaGen Therapeutics, Inc. (a)(b) | 112,246 | 165,002 | |
Vital Therapies, Inc. (a)(b) | 157,838 | 1,270,596 | |
Voyager Therapeutics, Inc. (a)(b) | 89,973 | 1,956,013 | |
vTv Therapeutics, Inc. Class A (a)(b) | 24,729 | 26,955 | |
Xbiotech, Inc. (a)(b) | 78,189 | 315,884 | |
Xencor, Inc. (b) | 212,727 | 8,889,861 | |
XOMA Corp. (a)(b) | 33,247 | 622,716 | |
Yield10 Bioscience, Inc. (a)(b) | 52,777 | 84,443 | |
Zafgen, Inc. (b) | 145,426 | 1,384,456 | |
ZIOPHARM Oncology, Inc. (a)(b) | 608,600 | 1,777,112 | |
1,186,566,108 | |||
Health Care Equipment & Supplies - 3.1% | |||
Accuray, Inc. (a)(b) | 379,197 | 1,516,788 | |
Aethlon Medical, Inc. (a)(b) | 20,423 | 19,812 | |
Akers Biosciences, Inc. (a)(b) | 303,422 | 82,925 | |
Allied Healthcare Products, Inc. (b) | 2,431 | 5,810 | |
Alliqua Biomedical, Inc. (a)(b) | 6,256 | 16,140 | |
Alphatec Holdings, Inc. (a)(b) | 43,263 | 151,853 | |
Amedica Corp. (a)(b) | 3,678 | 1,632 | |
Angiodynamics, Inc. (b) | 179,016 | 4,013,539 | |
Anika Therapeutics, Inc. (a)(b) | 69,668 | 2,883,559 | |
Antares Pharma, Inc. (a)(b) | 640,521 | 2,267,444 | |
Apollo Endosurgery, Inc. (b) | 58,883 | 442,211 | |
Atossa Genetics, Inc. (a)(b) | 13,690 | 29,297 | |
Atricure, Inc. (a)(b) | 145,962 | 5,042,987 | |
Atrion Corp. | 7,171 | 4,697,364 | |
Avanos Medical, Inc. (b) | 210,060 | 15,145,326 | |
Avinger, Inc. (a)(b) | 1,594 | 2,503 | |
AxoGen, Inc. (a)(b) | 146,805 | 6,437,399 | |
Bellerophon Therapeutics, Inc. (a)(b) | 107,908 | 93,340 | |
BioLase Technology, Inc. (a)(b) | 27,940 | 49,454 | |
BioLife Solutions, Inc. (b) | 43,637 | 1,045,543 | |
Bovie Medical Corp. (b) | 91,156 | 486,773 | |
Cantel Medical Corp. | 159,351 | 15,457,047 | |
Cardiovascular Systems, Inc. (b) | 152,396 | 5,871,818 | |
CAS Medical Systems, Inc. (b) | 18,121 | 40,591 | |
Cerus Corp. (b) | 605,964 | 4,714,400 | |
Cesca Therapeutics, Inc. (b) | 11,978 | 5,163 | |
Chembio Diagnostics, Inc. (b) | 40,753 | 425,869 | |
Chf Solutions, Inc. (b) | 66 | 81 | |
ConforMis, Inc. (b) | 154,155 | 188,069 | |
CONMED Corp. | 110,337 | 8,874,405 | |
Corindus Vascular Robotics, Inc. (a)(b) | 389,590 | 424,653 | |
Cryolife, Inc. (b) | 148,998 | 5,170,231 | |
CryoPort, Inc. (a)(b) | 134,188 | 1,905,470 | |
Cutera, Inc. (b) | 60,216 | 2,047,344 | |
CytoSorbents Corp. (a)(b) | 116,213 | 1,702,520 | |
Dare Bioscience, Inc. (a)(b) | 40,212 | 44,233 | |
DexCom, Inc. (a)(b) | 394,667 | 56,982,021 | |
Dynatronics Corp. (b) | 3,361 | 9,747 | |
Ekso Bionics Holdings, Inc. (a)(b) | 222,191 | 595,472 | |
Electromed, Inc. (b) | 18,140 | 84,532 | |
Endologix, Inc. (b) | 360,376 | 828,865 | |
Fonar Corp. (b) | 28,130 | 737,006 | |
Genmark Diagnostics, Inc. (a)(b) | 249,750 | 2,137,860 | |
Glaukos Corp. (a)(b) | 141,736 | 9,690,490 | |
Globus Medical, Inc. (b) | 328,482 | 17,498,236 | |
Haemonetics Corp. (b) | 231,876 | 25,886,637 | |
Helius Medical Technologies, Inc. (U.S.) (a)(b) | 53,227 | 533,335 | |
Heska Corp. (a)(b) | 29,651 | 3,172,657 | |
Hill-Rom Holdings, Inc. | 298,179 | 29,003,871 | |
ICU Medical, Inc. (b) | 67,431 | 20,633,886 | |
Inogen, Inc. (b) | 78,078 | 20,683,643 | |
Inspire Medical Systems, Inc. (a) | 37,822 | 2,079,832 | |
Insulet Corp. (a)(b) | 262,554 | 27,376,506 | |
Integer Holdings Corp. (b) | 129,758 | 10,367,664 | |
Integra LifeSciences Holdings Corp. (a)(b) | 317,530 | 18,883,509 | |
IntriCon Corp. (a)(b) | 31,823 | 2,351,720 | |
Invacare Corp. (a) | 149,686 | 2,275,227 | |
InVivo Therapeutics Holdings Corp. (b) | 4,799 | 9,358 | |
Invuity, Inc. (a)(b) | 46,008 | 213,937 | |
IRadimed Corp. (a)(b) | 21,182 | 582,505 | |
iRhythm Technologies, Inc. (b) | 87,777 | 8,171,161 | |
Iridex Corp. (b) | 27,462 | 249,904 | |
K2M Group Holdings, Inc. (b) | 182,975 | 5,002,537 | |
Kewaunee Scientific Corp. | 5,153 | 164,638 | |
Lantheus Holdings, Inc. (b) | 142,650 | 2,296,665 | |
LeMaitre Vascular, Inc. | 71,030 | 2,664,335 | |
LivaNova PLC (b) | 193,977 | 24,353,812 | |
Masimo Corp. (b) | 211,353 | 24,916,405 | |
Meridian Bioscience, Inc. | 197,861 | 3,106,418 | |
Merit Medical Systems, Inc. (b) | 239,902 | 14,118,233 | |
Microbot Medical, Inc. (b) | 28,379 | 16,460 | |
Milestone Scientific, Inc. (a)(b) | 44,568 | 32,980 | |
Misonix, Inc. (b) | 18,022 | 344,220 | |
Myomo, Inc. (a)(b) | 36,622 | 75,075 | |
Natus Medical, Inc. (b) | 147,875 | 5,515,738 | |
Neogen Corp. (b) | 235,570 | 22,011,661 | |
NeuroMetrix, Inc. (b) | 805 | 1,038 | |
Nevro Corp. (a)(b) | 127,234 | 8,578,116 | |
NuVasive, Inc. (a)(b) | 234,091 | 16,430,847 | |
Nuvectra Corp. (b) | 50,524 | 1,179,230 | |
NxStage Medical, Inc. (b) | 302,519 | 8,573,388 | |
OraSure Technologies, Inc. (b) | 268,651 | 4,301,103 | |
Orthofix International NV (b) | 90,532 | 4,848,894 | |
OrthoPediatrics Corp. (a) | 19,771 | 688,426 | |
PAVmed, Inc. (b) | 69,158 | 89,905 | |
Penumbra, Inc. (a)(b) | 134,854 | 18,724,478 | |
Precision Therapeutics, Inc. (a)(b) | 27,222 | 30,761 | |
Presbia PLC (a)(b) | 14,622 | 26,173 | |
Pulse Biosciences, Inc. (a)(b) | 23,281 | 334,315 | |
Quanterix Corp. (a)(b) | 34,253 | 573,053 | |
Quidel Corp. (b) | 145,364 | 11,175,584 | |
ReShape Lifesciences, Inc. (a)(b) | 876 | 58 | |
Restoration Robotics, Inc. (b) | 9,924 | 24,314 | |
Retractable Technologies, Inc. (b) | 35,837 | 25,878 | |
Rockwell Medical Technologies, Inc. (a)(b) | 199,001 | 977,095 | |
RTI Biologics, Inc. (b) | 246,244 | 1,101,942 | |
Seaspine Holdings Corp. (b) | 40,548 | 624,439 | |
Second Sight Medical Products, Inc. (a)(b) | 109,272 | 184,670 | |
Sientra, Inc. (a)(b) | 101,623 | 2,552,770 | |
Staar Surgical Co. (a)(b) | 122,144 | 5,826,269 | |
Steris PLC | 378,638 | 43,323,760 | |
STRATA Skin Sciences, Inc. (b) | 1,407 | 3,757 | |
SurModics, Inc. (b) | 60,522 | 4,766,108 | |
Synergetics U.S.A., Inc. (b)(d) | 76,412 | 1 | |
Tactile Systems Technology, Inc. (a)(b) | 65,831 | 4,454,784 | |
Tandem Diabetes Care, Inc. (a)(b) | 253,265 | 11,571,678 | |
Teleflex, Inc. | 203,401 | 50,327,509 | |
TransEnterix, Inc. (a)(b) | 517,481 | 3,001,390 | |
Utah Medical Products, Inc. | 15,403 | 1,399,363 | |
Varex Imaging Corp. (a)(b) | 165,871 | 5,208,349 | |
Vermillion, Inc. (b) | 167,591 | 105,582 | |
ViewRay, Inc. (a)(b) | 244,937 | 2,468,965 | |
Viveve Medical, Inc. (a)(b) | 129,860 | 409,059 | |
VolitionRx Ltd. (a)(b) | 99,018 | 230,712 | |
West Pharmaceutical Services, Inc. (a) | 330,227 | 38,653,070 | |
Wright Medical Group NV (a)(b) | 480,241 | 13,917,384 | |
Zosano Pharma Corp. (a)(b) | 52,039 | 217,003 | |
723,893,571 | |||
Health Care Providers & Services - 1.7% | |||
AAC Holdings, Inc. (a)(b) | 48,170 | 426,786 | |
Acadia Healthcare Co., Inc. (a)(b) | 364,188 | 15,124,728 | |
Aceto Corp. | 133,469 | 443,117 | |
Addus HomeCare Corp. (b) | 43,926 | 2,850,797 | |
Amedisys, Inc. (b) | 128,880 | 16,111,289 | |
American Renal Associates Holdings, Inc. (a)(b) | 55,930 | 1,227,664 | |
American Shared Hospital Services (b) | 113 | 350 | |
AMN Healthcare Services, Inc. (a)(b) | 215,714 | 12,576,126 | |
BioScrip, Inc. (a)(b) | 568,746 | 1,649,363 | |
BioTelemetry, Inc. (a)(b) | 142,312 | 8,794,882 | |
Brookdale Senior Living, Inc. (a)(b) | 842,845 | 8,361,022 | |
Caladrius Biosciences, Inc. (b) | 36,321 | 191,412 | |
Capital Senior Living Corp. (a)(b) | 129,657 | 1,150,058 | |
Chemed Corp. | 70,108 | 22,682,742 | |
Civitas Solutions, Inc. (b) | 70,980 | 1,135,680 | |
Community Health Systems, Inc. (a)(b) | 556,599 | 2,159,604 | |
Corvel Corp. (b) | 43,392 | 2,579,654 | |
Cross Country Healthcare, Inc. (b) | 154,629 | 1,547,836 | |
Digirad Corp. | 51,239 | 84,544 | |
Diplomat Pharmacy, Inc. (a)(b) | 215,891 | 4,460,308 | |
Diversicare Healthcare Services, Inc. | 13,500 | 82,350 | |
Five Star Sr Living, Inc. (b) | 197,129 | 195,158 | |
G1 Therapeutics, Inc. (a)(b) | 86,910 | 5,273,699 | |
Genesis HealthCare, Inc. Class A (a)(b) | 198,253 | 350,908 | |
HealthEquity, Inc. (b) | 235,578 | 22,193,803 | |
HealthSouth Corp. | 439,860 | 35,888,177 | |
InfuSystems Holdings, Inc. (b) | 45,777 | 153,353 | |
Interpace Diagnostics Group, Inc. (a)(b) | 83,117 | 122,182 | |
LHC Group, Inc. (b) | 130,886 | 12,948,552 | |
LifePoint Hospitals, Inc. (b) | 171,434 | 11,040,350 | |
Magellan Health Services, Inc. (b) | 111,867 | 8,222,225 | |
MEDNAX, Inc. (b) | 421,834 | 19,973,840 | |
Molina Healthcare, Inc. (a)(b) | 211,434 | 29,177,892 | |
National Healthcare Corp. | 52,171 | 4,020,819 | |
National Research Corp. Class A | 46,695 | 1,828,109 | |
National Vision Holdings, Inc. | 214,779 | 9,503,971 | |
OptiNose, Inc. (a) | 58,775 | 873,984 | |
Owens & Minor, Inc. (a) | 269,909 | 4,583,055 | |
Patterson Companies, Inc. (a) | 371,202 | 8,370,605 | |
Premier, Inc. (a)(b) | 242,451 | 10,723,608 | |
Providence Service Corp. (b) | 53,519 | 3,593,266 | |
Psychemedics Corp. | 24,117 | 466,182 | |
Quorum Health Corp. (a)(b) | 120,872 | 549,968 | |
R1 RCM, Inc. (a)(b) | 373,806 | 3,726,846 | |
RadNet, Inc. (b) | 136,201 | 1,886,384 | |
Select Medical Holdings Corp. (b) | 486,521 | 9,633,116 | |
Sharps Compliance Corp. (b) | 38,210 | 134,881 | |
SunLink Health Systems, Inc. (b) | 10,027 | 13,938 | |
Surgery Partners, Inc. (a)(b) | 84,310 | 1,462,779 | |
Tenet Healthcare Corp. (a)(b) | 362,611 | 12,227,243 | |
The Ensign Group, Inc. | 216,921 | 8,475,103 | |
The Joint Corp. (b) | 45,109 | 386,584 | |
Tivity Health, Inc. (a)(b) | 149,336 | 5,137,158 | |
Triple-S Management Corp. (a)(b) | 103,498 | 2,253,151 | |
U.S. Physical Therapy, Inc. | 56,937 | 7,131,359 | |
Wellcare Health Plans, Inc. (b) | 220,155 | 66,612,298 | |
412,774,858 | |||
Health Care Technology - 0.8% | |||
Allscripts Healthcare Solutions, Inc. (b) | 785,792 | 11,480,421 | |
Arrhythmia Research Technology, Inc. (b) | 9,729 | 32,884 | |
athenahealth, Inc. (b) | 180,475 | 27,775,103 | |
Castlight Health, Inc. Class B (a)(b) | 308,628 | 925,884 | |
Computer Programs & Systems, Inc. (a) | 48,337 | 1,319,600 | |
Evolent Health, Inc. (a)(b) | 283,107 | 7,219,229 | |
HealthStream, Inc. | 113,005 | 3,585,649 | |
HMS Holdings Corp. (b) | 364,920 | 11,695,686 | |
HTG Molecular Diagnostics (a)(b) | 123,246 | 553,375 | |
iCAD, Inc. (b) | 50,180 | 150,540 | |
Inovalon Holdings, Inc. Class A (a)(b) | 283,107 | 3,114,177 | |
Medical Transcription Billing Corp. (a)(b) | 30,125 | 130,441 | |
Medidata Solutions, Inc. (a)(b) | 266,895 | 22,680,737 | |
NantHealth, Inc. (a)(b) | 148,762 | 330,252 | |
Omnicell, Inc. (a)(b) | 176,931 | 12,164,006 | |
Quality Systems, Inc. (b) | 219,383 | 5,021,677 | |
Simulations Plus, Inc. | 50,674 | 1,056,553 | |
Streamline Health Solutions, Inc. (a)(b) | 73,168 | 83,412 | |
Tabula Rasa HealthCare, Inc. (a)(b) | 63,065 | 5,528,909 | |
Teladoc Health, Inc. (a)(b) | 309,586 | 24,008,394 | |
Valeritas Holdings, Inc. (a)(b) | 51,874 | 59,655 | |
Veeva Systems, Inc. Class A (b) | 530,893 | 55,403,993 | |
Vocera Communications, Inc. (b) | 140,717 | 4,666,176 | |
198,986,753 | |||
Life Sciences Tools & Services - 0.8% | |||
Accelerate Diagnostics, Inc. (a)(b) | 120,184 | 2,956,526 | |
Bio-Rad Laboratories, Inc. Class A (b) | 90,627 | 29,480,963 | |
Bio-Techne Corp. | 167,086 | 32,108,917 | |
Bioanalytical Systems, Inc. (b) | 4,600 | 7,498 | |
Bruker Corp. | 450,858 | 16,041,528 | |
Cambrex Corp. (a)(b) | 145,686 | 9,819,236 | |
Champions Oncology, Inc. (b) | 7,203 | 63,530 | |
Charles River Laboratories International, Inc. (b) | 212,544 | 26,251,309 | |
ChromaDex, Inc. (a)(b) | 108,460 | 491,324 | |
Codexis, Inc. (b) | 191,908 | 3,300,818 | |
Enzo Biochem, Inc. (b) | 180,734 | 829,569 | |
Fluidigm Corp. (a)(b) | 123,668 | 979,451 | |
Harvard Bioscience, Inc. (b) | 139,202 | 828,252 | |
Luminex Corp. | 186,159 | 5,251,545 | |
Medpace Holdings, Inc. (b) | 116,128 | 6,943,293 | |
Nanostring Technologies, Inc. (b) | 101,239 | 1,637,035 | |
NeoGenomics, Inc. (a)(b) | 326,680 | 4,524,518 | |
Pacific Biosciences of California, Inc. (a)(b) | 493,526 | 2,462,695 | |
PRA Health Sciences, Inc. (b) | 257,613 | 27,203,933 | |
Syneos Health, Inc. (a)(b) | 270,892 | 13,503,966 | |
184,685,906 | |||
Pharmaceuticals - 1.3% | |||
AcelRx Pharmaceuticals, Inc. (a)(b) | 222,277 | 689,059 | |
Acer Therapeutics, Inc. (b) | 21,687 | 695,719 | |
Aclaris Therapeutics, Inc. (a)(b) | 115,378 | 1,836,818 | |
Adamis Pharmaceuticals Corp. (a)(b) | 179,132 | 510,526 | |
Aerie Pharmaceuticals, Inc. (a)(b) | 177,945 | 10,916,926 | |
Agile Therapeutics, Inc. (b) | 72,395 | 21,212 | |
Akcea Therapeutics, Inc. (a)(b) | 70,325 | 1,857,283 | |
Akorn, Inc. (b) | 427,893 | 6,713,641 | |
Alimera Sciences, Inc. (a)(b) | 100,515 | 104,536 | |
Amneal Pharmaceuticals, Inc. (a)(b) | 339,032 | 7,831,639 | |
Amphastar Pharmaceuticals, Inc. (a)(b) | 155,639 | 2,954,028 | |
Ampio Pharmaceuticals, Inc. (a)(b) | 354,669 | 223,087 | |
ANI Pharmaceuticals, Inc. (b) | 42,271 | 2,460,172 | |
ANI Pharmaceuticals, Inc. rights (b)(d) | 58,183 | 1 | |
Apricus Biosciences, Inc. (a)(b) | 96,999 | 32,010 | |
Aradigm Corp. (a)(b) | 44,920 | 60,642 | |
Aratana Therapeutics, Inc. (b) | 165,481 | 877,049 | |
Assembly Biosciences, Inc. (a)(b) | 92,144 | 3,685,760 | |
Assertio Therapeutics, Inc. (a)(b) | 274,416 | 1,750,774 | |
AstraZeneca PLC rights (b)(d) | 21,542 | 0 | |
Athenex, Inc. (a)(b) | 180,306 | 2,962,428 | |
Axsome Therapeutics, Inc. (a)(b) | 59,924 | 206,738 | |
Bio Path Holdings, Inc. (a)(b) | 33,967 | 46,195 | |
Biodelivery Sciences International, Inc. (a)(b) | 261,066 | 776,671 | |
BioPharmX Corp. (a)(b) | 595,565 | 93,087 | |
Catalent, Inc. (b) | 639,360 | 26,725,248 | |
Cerecor, Inc. (a)(b) | 45,108 | 217,872 | |
Chiasma, Inc. (b) | 29,500 | 69,325 | |
Clearside Biomedical, Inc. (b) | 125,760 | 856,426 | |
Collegium Pharmaceutical, Inc. (a)(b) | 99,164 | 1,695,704 | |
ContraVir Pharmaceuticals, Inc. (a)(b) | 43,383 | 32,103 | |
Corcept Therapeutics, Inc. (a)(b) | 431,601 | 6,482,647 | |
Corium International, Inc. (a)(b) | 122,886 | 1,199,367 | |
CorMedix, Inc. (a)(b) | 425,319 | 263,698 | |
Cumberland Pharmaceuticals, Inc. (b) | 33,008 | 195,077 | |
CymaBay Therapeutics, Inc. (a)(b) | 260,632 | 3,552,414 | |
Dermira, Inc. (a)(b) | 163,855 | 1,559,900 | |
Dova Pharmaceuticals, Inc. (a)(b) | 57,540 | 1,464,393 | |
Durect Corp. (b) | 703,630 | 921,755 | |
Egalet Corp. (a)(b) | 230,195 | 88,625 | |
Eloxx Pharmaceuticals, Inc. (a)(b) | 93,892 | 1,720,101 | |
Endo International PLC (b) | 900,074 | 15,436,269 | |
Endocyte, Inc. (b) | 273,323 | 5,389,930 | |
Evofem Biosciences, Inc. (b) | 3,187 | 12,939 | |
Evoke Pharma, Inc. (a)(b) | 15,570 | 44,997 | |
Evolus, Inc. (b) | 43,831 | 1,121,635 | |
Eyepoint Pharmaceuticals, Inc. (a)(b) | 196,453 | 430,232 | |
Flex Pharma, Inc. (a)(b) | 42,326 | 20,951 | |
Gemphire Therapeutics, Inc. (a)(b) | 33,731 | 47,223 | |
Horizon Pharma PLC (b) | 747,740 | 15,807,224 | |
Imprimis Pharmaceuticals, Inc. (a)(b) | 47,104 | 143,196 | |
InflaRx NV (a)(b) | 28,184 | 946,982 | |
Innoviva, Inc. (a)(b) | 327,079 | 4,749,187 | |
Intersect ENT, Inc. (b) | 129,388 | 3,791,068 | |
Intra-Cellular Therapies, Inc. (b) | 218,946 | 4,803,675 | |
Jaguar Health, Inc. (a)(b) | 29,375 | 24,734 | |
Jazz Pharmaceuticals PLC (b) | 267,395 | 45,703,153 | |
Kala Pharmaceuticals, Inc. (a)(b) | 25,715 | 347,410 | |
KemPharm, Inc. (a)(b) | 53,243 | 276,864 | |
Lannett Co., Inc. (a)(b) | 130,324 | 697,233 | |
Lipocine, Inc. (a)(b) | 72,418 | 107,903 | |
Mallinckrodt PLC (a)(b) | 372,862 | 12,848,825 | |
Marinus Pharmaceuticals, Inc. (a)(b) | 114,286 | 816,002 | |
Melinta Therapeutics, Inc. (b) | 179,307 | 838,260 | |
Mersana Therapeutics, Inc. (a)(b) | 31,503 | 439,467 | |
Mustang Bio, Inc. (b) | 52,643 | 364,290 | |
MyoKardia, Inc. (b) | 148,087 | 9,129,564 | |
Neos Therapeutics, Inc. (a)(b) | 95,876 | 551,287 | |
NovaBay Pharmaceuticals, Inc. (a)(b) | 5,586 | 9,776 | |
Novan, Inc. (b) | 35,527 | 102,318 | |
Novus Therapeutics, Inc. (b) | 3,160 | 15,010 | |
Ocular Therapeutix, Inc. (b) | 142,737 | 963,475 | |
Odonate Therapeutics, Inc. (a)(b) | 38,719 | 743,018 | |
Omeros Corp. (a)(b) | 201,030 | 5,202,656 | |
Onconova Therapeutics, Inc. (b) | 3,415 | 1,468 | |
Otonomy, Inc. (b) | 109,470 | 328,410 | |
Pacira Pharmaceuticals, Inc. (b) | 182,422 | 8,601,197 | |
Pain Therapeutics, Inc. (a)(b) | 20,330 | 20,737 | |
Paratek Pharmaceuticals, Inc. (a)(b) | 122,183 | 1,252,376 | |
Pernix Therapeutics Holdings, Inc. (a)(b) | 30,326 | 32,752 | |
Phibro Animal Health Corp. Class A | 89,995 | 4,247,764 | |
Plx Pharma PLC/New (b) | 4,346 | 14,342 | |
Prestige Brands Holdings, Inc. (a)(b) | 238,898 | 9,197,573 | |
Pulmatrix, Inc. (a)(b) | 138,518 | 60,948 | |
Reata Pharmaceuticals, Inc. (a)(b) | 67,270 | 5,809,437 | |
resTORbio, Inc. (a)(b) | 41,417 | 489,963 | |
Revance Therapeutics, Inc. (a)(b) | 123,370 | 3,380,338 | |
Rhythm Pharmaceuticals, Inc. (a) | 90,279 | 2,843,789 | |
Ritter Pharmaceuticals, Inc. (a)(b) | 2,906 | 5,812 | |
scPharmaceuticals, Inc. (a)(b) | 23,358 | 119,593 | |
SCYNEXIS, Inc. (a)(b) | 332,373 | 448,704 | |
SenesTech, Inc. (a)(b) | 90,916 | 80,006 | |
SIGA Technologies, Inc. (b) | 204,746 | 1,685,060 | |
Sonoma Pharmaceuticals, Inc. (a)(b) | 12,933 | 24,573 | |
Spero Therapeutics, Inc. (a)(b) | 43,453 | 495,799 | |
Supernus Pharmaceuticals, Inc. (a)(b) | 229,316 | 10,158,699 | |
Teligent, Inc. (a)(b) | 185,177 | 748,115 | |
Tetraphase Pharmaceuticals, Inc. (b) | 221,113 | 782,740 | |
The Medicines Company (a)(b) | 291,976 | 11,565,169 | |
TherapeuticsMD, Inc. (a)(b) | 865,760 | 5,610,125 | |
Theravance Biopharma, Inc. (a)(b) | 184,923 | 5,357,219 | |
Titan Pharmaceuticals, Inc. (a)(b) | 66,917 | 49,184 | |
VIVUS, Inc. (a)(b) | 373,562 | 209,942 | |
WAVE Life Sciences (b) | 70,815 | 3,774,440 | |
Zogenix, Inc. (a)(b) | 186,848 | 9,024,758 | |
Zynerba Pharmaceuticals, Inc. (a)(b) | 68,717 | 551,798 | |
313,250,239 | |||
TOTAL HEALTH CARE | 3,020,157,435 | ||
INDUSTRIALS - 13.5% | |||
Aerospace & Defense - 1.4% | |||
AAR Corp. | 150,817 | 7,038,629 | |
Aerojet Rocketdyne Holdings, Inc. (a)(b) | 342,876 | 12,038,376 | |
AeroVironment, Inc. (a)(b) | 95,552 | 8,404,754 | |
Air Industries Group, Inc. (b) | 213 | 300 | |
Arotech Corp. (b) | 105,511 | 353,462 | |
Astronics Corp. (a)(b) | 95,985 | 4,176,307 | |
Astrotech Corp. (b) | 7,755 | 26,600 | |
Axon Enterprise, Inc. (a)(b) | 256,298 | 17,494,901 | |
BWX Technologies, Inc. | 444,333 | 27,246,500 | |
CPI Aerostructures, Inc. (b) | 19,646 | 164,044 | |
Cubic Corp. | 111,576 | 8,446,303 | |
Curtiss-Wright Corp. | 197,139 | 26,406,769 | |
Ducommun, Inc. (b) | 48,231 | 1,962,519 | |
Engility Holdings, Inc. (b) | 82,978 | 2,880,166 | |
Esterline Technologies Corp. (b) | 117,886 | 10,132,302 | |
HEICO Corp. (a) | 179,139 | 16,244,325 | |
HEICO Corp. Class A | 321,106 | 23,922,397 | |
Hexcel Corp. | 397,682 | 26,294,734 | |
Innovative Solutions & Support, Inc. (b) | 33,630 | 89,120 | |
KEYW Holding Corp. (a)(b) | 210,109 | 1,788,028 | |
KLX, Inc. (b) | 226,126 | 16,697,144 | |
Kratos Defense & Security Solutions, Inc. (a)(b) | 376,764 | 5,033,567 | |
Mercury Systems, Inc. (a)(b) | 219,105 | 11,943,414 | |
Micronet Enertec Technologies, Inc. (a)(b) | 8,412 | 10,599 | |
Moog, Inc. Class A | 144,636 | 11,413,227 | |
National Presto Industries, Inc. (a) | 24,207 | 3,209,848 | |
SIFCO Industries, Inc. (b) | 8,781 | 46,100 | |
Sparton Corp. (b) | 46,545 | 594,380 | |
Spirit AeroSystems Holdings, Inc. Class A (a) | 475,747 | 40,676,369 | |
Teledyne Technologies, Inc. (b) | 161,135 | 38,230,890 | |
Triumph Group, Inc. | 230,348 | 4,791,238 | |
Vectrus, Inc. (b) | 51,098 | 1,677,036 | |
Wesco Aircraft Holdings, Inc. (b) | 279,582 | 3,396,921 | |
332,831,269 | |||
Air Freight & Logistics - 0.4% | |||
Air T, Inc. (b) | 1,092 | 36,582 | |
Air Transport Services Group, Inc. (b) | 202,618 | 4,123,276 | |
Atlas Air Worldwide Holdings, Inc. (a)(b) | 115,252 | 7,018,847 | |
Echo Global Logistics, Inc. (a)(b) | 118,834 | 3,945,289 | |
Forward Air Corp. | 132,956 | 8,543,753 | |
Hub Group, Inc. Class A (b) | 148,040 | 7,823,914 | |
Radiant Logistics, Inc. (b) | 141,423 | 615,190 | |
XPO Logistics, Inc. (a)(b) | 470,225 | 50,078,963 | |
82,185,814 | |||
Airlines - 0.3% | |||
Allegiant Travel Co. | 56,258 | 7,665,153 | |
Hawaiian Holdings, Inc. | 228,263 | 9,472,915 | |
JetBlue Airways Corp. (b) | 1,406,654 | 26,838,958 | |
SkyWest, Inc. | 234,779 | 15,331,069 | |
Spirit Airlines, Inc. (a)(b) | 304,904 | 14,489,038 | |
73,797,133 | |||
Building Products - 1.0% | |||
AAON, Inc. (a) | 183,755 | 7,423,702 | |
Advanced Drain Systems, Inc. Del | 183,567 | 5,754,825 | |
American Woodmark Corp. (b) | 64,659 | 5,492,782 | |
Apogee Enterprises, Inc. | 127,498 | 6,275,452 | |
Armstrong World Industries, Inc. (b) | 231,153 | 16,134,479 | |
Builders FirstSource, Inc. (b) | 513,348 | 8,018,496 | |
Continental Building Products, Inc. (b) | 171,095 | 6,381,844 | |
COVIA Corp. (a)(b) | 145,251 | 1,645,694 | |
CSW Industrials, Inc. (b) | 71,463 | 4,001,928 | |
GCP Applied Technologies, Inc. (b) | 325,797 | 8,210,084 | |
Gibraltar Industries, Inc. (a)(b) | 143,948 | 6,535,239 | |
GMS, Inc. (b) | 139,287 | 3,461,282 | |
Griffon Corp. | 149,237 | 2,723,575 | |
Insteel Industries, Inc. | 82,597 | 3,167,595 | |
Jeld-Wen Holding, Inc. (b) | 312,499 | 7,599,976 | |
Lennox International, Inc. | 163,382 | 36,403,143 | |
Masonite International Corp. (b) | 124,268 | 8,319,743 | |
NCI Building Systems, Inc. (b) | 190,470 | 3,218,943 | |
Owens Corning | 490,051 | 27,746,688 | |
Patrick Industries, Inc. (a)(b) | 104,231 | 6,670,784 | |
PGT, Inc. (b) | 227,232 | 5,521,738 | |
Quanex Building Products Corp. | 159,882 | 2,622,065 | |
Simpson Manufacturing Co. Ltd. | 182,466 | 14,007,915 | |
Tecogen, Inc. New (b) | 6,044 | 18,676 | |
Trex Co., Inc. (b) | 263,354 | 22,306,084 | |
Universal Forest Products, Inc. | 278,628 | 10,437,405 | |
USG Corp. (b) | 388,641 | 16,750,427 | |
246,850,564 | |||
Commercial Services & Supplies - 1.4% | |||
ABM Industries, Inc. (a) | 296,021 | 9,389,786 | |
ACCO Brands Corp. | 486,655 | 6,034,522 | |
Acme United Corp. | 1,332 | 29,197 | |
ADS Waste Holdings, Inc. (b) | 187,157 | 4,993,349 | |
Amrep Corp. (b) | 2,694 | 19,774 | |
Aqua Metals, Inc. (a)(b) | 158,730 | 385,714 | |
ARC Document Solutions, Inc. (b) | 173,429 | 558,441 | |
Avalon Holdings Corp. Class A (a)(b) | 10,366 | 46,440 | |
Brady Corp. Class A | 222,213 | 8,988,516 | |
Casella Waste Systems, Inc. Class A (b) | 174,856 | 4,962,413 | |
CECO Environmental Corp. | 124,603 | 1,051,649 | |
Cemtrex, Inc. (a)(b) | 34,404 | 56,767 | |
Clean Harbors, Inc. (b) | 232,665 | 15,958,492 | |
Command Security Corp. (b) | 4,050 | 7,979 | |
CompX International, Inc. Class A | 715 | 9,653 | |
Covanta Holding Corp. | 590,028 | 10,413,994 | |
Deluxe Corp. | 214,935 | 12,728,451 | |
Document Security Systems, Inc. (a)(b) | 20,066 | 24,681 | |
Ecology & Environment, Inc. Class A | 5,529 | 73,812 | |
Ennis, Inc. | 121,086 | 2,639,675 | |
Essendant, Inc. | 171,402 | 2,473,331 | |
Evoqua Water Technologies Corp. (a)(b) | 264,893 | 5,133,626 | |
Fuel Tech, Inc. (a)(b) | 71,206 | 84,023 | |
Healthcare Services Group, Inc. (a) | 331,117 | 13,645,332 | |
Heritage-Crystal Clean, Inc. (a)(b) | 67,703 | 1,577,480 | |
Herman Miller, Inc. | 272,699 | 10,444,372 | |
HNI Corp. | 193,943 | 8,552,886 | |
Hudson Technologies, Inc. (a)(b) | 164,908 | 308,378 | |
Industrial Services of America, Inc. (b) | 12,605 | 29,181 | |
Interface, Inc. | 264,579 | 6,230,835 | |
Intersections, Inc. (a)(b) | 42,033 | 72,717 | |
KAR Auction Services, Inc. | 607,125 | 38,060,666 | |
Kimball International, Inc. Class B | 169,255 | 2,956,885 | |
Knoll, Inc. | 218,560 | 5,144,902 | |
LSC Communications, Inc. | 151,031 | 1,847,109 | |
Matthews International Corp. Class A | 143,825 | 7,464,518 | |
McGrath RentCorp. | 108,351 | 6,284,358 | |
Mobile Mini, Inc. | 199,585 | 8,562,197 | |
Msa Safety, Inc. (a) | 151,396 | 15,304,622 | |
Multi-Color Corp. (a) | 64,185 | 3,963,424 | |
NL Industries, Inc. (b) | 19,002 | 150,116 | |
Odyssey Marine Exploration, Inc. (a)(b) | 33,165 | 309,098 | |
Performant Financial Corp. (b) | 99,740 | 241,371 | |
Perma-Fix Environmental Services, Inc. (b) | 23,883 | 113,444 | |
PICO Holdings, Inc. | 104,771 | 1,252,013 | |
Pitney Bowes, Inc. | 832,522 | 6,044,110 | |
Quad/Graphics, Inc. | 144,761 | 3,296,208 | |
Quest Resource Holding Corp. (a)(b) | 35,687 | 76,727 | |
R.R. Donnelley & Sons Co. | 308,204 | 1,559,512 | |
Rollins, Inc. | 432,079 | 25,959,306 | |
SP Plus Corp. (b) | 100,820 | 3,921,898 | |
Steelcase, Inc. Class A | 387,642 | 5,659,573 | |
Team, Inc. (a)(b) | 132,793 | 3,094,077 | |
Tetra Tech, Inc. | 253,668 | 17,706,026 | |
The Brink's Co. (a) | 229,375 | 17,226,063 | |
U.S. Ecology, Inc. | 98,121 | 7,138,303 | |
UniFirst Corp. | 69,611 | 12,891,957 | |
Viad Corp. | 92,732 | 5,712,291 | |
Virco Manufacturing Co. | 16,793 | 83,125 | |
VSE Corp. | 36,497 | 1,408,054 | |
330,357,419 | |||
Construction & Engineering - 0.7% | |||
AECOM (a)(b) | 717,359 | 24,131,957 | |
Aegion Corp. (b) | 147,211 | 3,674,387 | |
Ameresco, Inc. Class A (b) | 85,179 | 1,222,319 | |
Argan, Inc. | 63,539 | 2,528,852 | |
Comfort Systems U.S.A., Inc. | 166,788 | 9,573,631 | |
Construction Partners, Inc. Class A | 55,852 | 678,602 | |
Dycom Industries, Inc. (a)(b) | 139,800 | 11,730,618 | |
EMCOR Group, Inc. | 265,570 | 21,272,157 | |
FTE Networks, Inc. (b) | 13,620 | 177,060 | |
Goldfield Corp. | 99,734 | 473,737 | |
Granite Construction, Inc. | 202,094 | 9,231,654 | |
Great Lakes Dredge & Dock Corp. (b) | 252,829 | 1,384,239 | |
HC2 Holdings, Inc. (a)(b) | 168,360 | 1,055,617 | |
Ies Holdings, Inc. (a)(b) | 35,821 | 685,972 | |
Infrastructure and Energy Alternatives, Inc. (a)(b) | 45,210 | 479,226 | |
KBR, Inc. | 634,690 | 13,315,796 | |
Keane Group, Inc. (a)(b) | 267,222 | 3,281,486 | |
MasTec, Inc. (a)(b) | 286,469 | 12,547,342 | |
MYR Group, Inc. (b) | 75,779 | 2,634,836 | |
Northwest Pipe Co. (b) | 41,263 | 745,210 | |
NV5 Holdings, Inc. (b) | 40,978 | 3,624,504 | |
Orion Group Holdings, Inc. (b) | 116,448 | 1,003,782 | |
Primoris Services Corp. | 186,344 | 4,669,781 | |
Sterling Construction Co., Inc. (a)(b) | 117,122 | 1,704,125 | |
Tutor Perini Corp. (a)(b) | 173,590 | 3,532,557 | |
Valmont Industries, Inc. | 101,193 | 14,207,497 | |
Williams Scotsman Corp. (a)(b) | 171,810 | 2,998,085 | |
152,565,029 | |||
Electrical Equipment - 0.8% | |||
Acuity Brands, Inc. (a) | 182,690 | 27,922,340 | |
Allied Motion Technologies, Inc. | 31,220 | 1,524,785 | |
American Electric Technologies, Inc. (a)(b) | 11,386 | 11,184 | |
American Superconductor Corp. (a)(b) | 78,969 | 481,711 | |
AZZ, Inc. | 117,435 | 6,312,131 | |
Babcock & Wilcox Enterprises, Inc. (a)(b) | 770,769 | 1,079,077 | |
Broadwind Energy, Inc. (b) | 60,375 | 131,618 | |
Capstone Turbine Corp. (a)(b) | 247,286 | 276,960 | |
Encore Wire Corp. | 93,673 | 4,707,068 | |
Energous Corp. (a)(b) | 87,914 | 1,127,057 | |
Energy Focus, Inc. (a)(b) | 30,849 | 66,325 | |
EnerSys | 189,355 | 15,714,571 | |
Enphase Energy, Inc. (a)(b) | 338,229 | 1,653,940 | |
EnSync, Inc. (a)(b) | 114,418 | 40,046 | |
Espey Manufacturing & Electronics Corp. | 5,259 | 140,678 | |
FuelCell Energy, Inc. (a)(b) | 378,895 | 443,307 | |
Generac Holdings, Inc. (b) | 275,839 | 15,306,306 | |
GrafTech International Ltd. | 174,214 | 3,219,475 | |
Hubbell, Inc. Class B | 243,288 | 30,741,872 | |
Ideal Power, Inc. (a)(b) | 17,678 | 11,673 | |
LSI Industries, Inc. | 117,225 | 606,053 | |
Ocean Power Technologies, Inc. (a)(b) | 70,903 | 52,546 | |
Orion Energy Systems, Inc. (a)(b) | 82,082 | 78,142 | |
Plug Power, Inc. (a)(b) | 1,028,508 | 2,026,161 | |
Polar Power, Inc. (a)(b) | 7,179 | 44,510 | |
Powell Industries, Inc. | 38,329 | 1,500,580 | |
Preformed Line Products Co. | 11,698 | 955,727 | |
Real Goods Solar, Inc. (a)(b) | 42,561 | 18,416 | |
Regal Beloit Corp. | 199,139 | 16,667,934 | |
Revolution Lighting Technologies, Inc. (a)(b) | 37,668 | 102,080 | |
Sensata Technologies, Inc. PLC (a)(b) | 761,598 | 40,326,614 | |
Sunrun, Inc. (a)(b) | 300,000 | 3,936,000 | |
Sunworks, Inc. (a)(b) | 46,670 | 32,132 | |
Thermon Group Holdings, Inc. (b) | 146,456 | 3,925,021 | |
TPI Composites, Inc. (a)(b) | 61,940 | 1,736,178 | |
Ultralife Corp. (b) | 42,785 | 370,090 | |
Vicor Corp. (b) | 73,865 | 4,612,869 | |
Vivint Solar, Inc. (b) | 109,703 | 575,941 | |
188,479,118 | |||
Industrial Conglomerates - 0.3% | |||
Carlisle Companies, Inc. | 271,961 | 34,487,374 | |
ITT, Inc. | 389,867 | 23,045,038 | |
Raven Industries, Inc. | 161,392 | 7,811,373 | |
65,343,785 | |||
Machinery - 3.7% | |||
Actuant Corp. Class A (a) | 272,518 | 8,025,655 | |
AGCO Corp. | 293,590 | 17,515,579 | |
Alamo Group, Inc. | 42,473 | 4,047,677 | |
Albany International Corp. Class A | 131,871 | 10,173,848 | |
Allison Transmission Holdings, Inc. (a) | 580,531 | 28,829,169 | |
Altra Industrial Motion Corp. (a) | 131,716 | 5,143,510 | |
American Railcar Industries, Inc. | 33,825 | 1,549,862 | |
Apergy Corp. (a)(b) | 342,574 | 15,491,196 | |
ARC Group Worldwide, Inc. (a)(b) | 25,348 | 48,161 | |
Art's-Way Manufacturing Co., Inc. (b) | 9,649 | 26,535 | |
Astec Industries, Inc. (a) | 86,385 | 4,202,630 | |
Barnes Group, Inc. | 215,817 | 14,688,505 | |
Blue Bird Corp. (a)(b) | 51,001 | 1,170,473 | |
Briggs & Stratton Corp. | 191,742 | 3,865,519 | |
Cactus, Inc. (a)(b) | 162,606 | 5,557,873 | |
Chart Industries, Inc. (a)(b) | 138,723 | 10,480,523 | |
Chicago Rivet & Machine Co. | 758 | 24,104 | |
CIRCOR International, Inc. (a) | 87,402 | 3,964,555 | |
Colfax Corp. (b) | 445,645 | 15,561,923 | |
Columbus McKinnon Corp. (NY Shares) | 91,393 | 3,886,944 | |
Commercial Vehicle Group, Inc. (b) | 120,218 | 1,173,328 | |
Crane Co. | 226,459 | 20,671,178 | |
Dmc Global, Inc. | 62,393 | 2,448,925 | |
Donaldson Co., Inc. (a) | 584,176 | 29,559,306 | |
Douglas Dynamics, Inc. | 101,803 | 4,662,577 | |
Eastern Co. | 26,978 | 795,851 | |
Energy Recovery, Inc. (a)(b) | 151,895 | 1,471,863 | |
EnPro Industries, Inc. | 95,943 | 7,202,441 | |
ESCO Technologies, Inc. | 116,292 | 7,867,154 | |
ExOne Co. (a)(b) | 40,244 | 355,355 | |
Federal Signal Corp. | 270,118 | 7,031,172 | |
Franklin Electric Co., Inc. | 174,001 | 8,508,649 | |
FreightCar America, Inc. | 53,070 | 897,414 | |
Gardner Denver Holdings, Inc. (b) | 317,773 | 8,884,933 | |
Gates Industrial Corp. PLC (a)(b) | 202,163 | 3,685,431 | |
Gencor Industries, Inc. (b) | 29,953 | 386,394 | |
Global Brass & Copper Holdings, Inc. | 99,231 | 3,825,355 | |
Gorman-Rupp Co. | 90,966 | 3,334,814 | |
Graco, Inc. | 752,909 | 35,394,252 | |
Graham Corp. | 38,537 | 1,071,714 | |
Greenbrier Companies, Inc. (a) | 124,371 | 7,213,518 | |
Harsco Corp. (b) | 362,470 | 10,239,778 | |
Hillenbrand, Inc. | 279,066 | 14,274,226 | |
Hurco Companies, Inc. | 24,468 | 1,049,677 | |
Hyster-Yale Materials Handling Class A | 42,446 | 2,618,918 | |
IDEX Corp. | 341,726 | 52,355,840 | |
Jason Industries, Inc. (b) | 34,467 | 95,474 | |
John Bean Technologies Corp. (a) | 142,963 | 16,912,523 | |
Kadant, Inc. | 51,037 | 5,157,289 | |
Kennametal, Inc. | 366,952 | 14,986,320 | |
L.B. Foster Co. Class A (b) | 41,840 | 951,860 | |
Lincoln Electric Holdings, Inc. | 275,072 | 25,900,780 | |
Lindsay Corp. (a) | 52,222 | 5,001,301 | |
LiqTech International, Inc. (b) | 162,497 | 206,371 | |
Lydall, Inc. (b) | 77,344 | 3,310,323 | |
Manitex International, Inc. (a)(b) | 80,512 | 851,817 | |
Manitowoc Co., Inc. (a)(b) | 162,770 | 3,774,636 | |
Meritor, Inc. (b) | 392,749 | 8,506,943 | |
MFRI, Inc. (b) | 13,179 | 121,906 | |
Middleby Corp. (a)(b) | 247,844 | 30,122,960 | |
Milacron Holdings Corp. (b) | 239,741 | 5,082,509 | |
Miller Industries, Inc. | 42,627 | 1,227,658 | |
Mueller Industries, Inc. | 260,390 | 8,324,668 | |
Mueller Water Products, Inc. Class A | 715,346 | 8,276,553 | |
Navistar International Corp. New (b) | 290,705 | 12,666,017 | |
NN, Inc. | 123,434 | 2,468,680 | |
Nordson Corp. (a) | 228,027 | 31,700,314 | |
Omega Flex, Inc. (a) | 24,574 | 2,180,943 | |
Oshkosh Corp. | 326,290 | 22,925,135 | |
Park-Ohio Holdings Corp. | 36,562 | 1,515,495 | |
ProPetro Holding Corp. (a)(b) | 310,888 | 4,731,715 | |
Proto Labs, Inc. (b) | 112,204 | 17,442,112 | |
RBC Bearings, Inc. (b) | 110,539 | 16,559,848 | |
Rexnord Corp. (b) | 470,453 | 13,657,251 | |
Spartan Motors, Inc. | 152,982 | 2,210,590 | |
SPX Corp. (b) | 190,432 | 6,472,784 | |
SPX Flow, Inc. (b) | 196,513 | 9,420,833 | |
Standex International Corp. | 58,479 | 6,309,884 | |
Sun Hydraulics Corp. | 127,963 | 6,441,657 | |
Taylor Devices, Inc. (b) | 3,749 | 43,301 | |
Tennant Co. | 82,228 | 6,294,553 | |
Terex Corp. | 319,269 | 12,371,674 | |
The L.S. Starrett Co. Class A | 20,155 | 128,992 | |
Timken Co. | 301,245 | 14,655,569 | |
Titan International, Inc. | 212,617 | 1,590,375 | |
Toro Co. | 475,739 | 28,920,174 | |
TriMas Corp. (b) | 203,826 | 6,257,458 | |
Trinity Industries, Inc. (a) | 662,816 | 23,755,325 | |
Twin Disc, Inc. (b) | 34,774 | 888,476 | |
Wabash National Corp. (a) | 267,734 | 4,883,468 | |
WABCO Holdings, Inc. (a)(b) | 222,607 | 27,398,470 | |
Wabtec Corp. (a) | 380,495 | 41,215,218 | |
Watts Water Technologies, Inc. Class A | 124,035 | 10,226,686 | |
Woodward, Inc. | 247,249 | 19,918,379 | |
WSI Industries, Inc. (a) | 5,563 | 29,484 | |
Xerium Technologies, Inc. (b) | 46,836 | 629,476 | |
885,956,531 | |||
Marine - 0.1% | |||
Genco Shipping & Trading Ltd. (b) | 60,925 | 836,500 | |
Kirby Corp. (b) | 239,568 | 20,914,286 | |
Matson, Inc. | 188,914 | 7,057,827 | |
28,808,613 | |||
Professional Services - 1.4% | |||
Acacia Research Corp. (b) | 241,785 | 942,962 | |
Asgn, Inc. (b) | 220,581 | 20,423,595 | |
Barrett Business Services, Inc. | 33,579 | 2,519,432 | |
BG Staffing, Inc. | 38,107 | 928,287 | |
CBIZ, Inc. (b) | 253,569�� | 6,060,299 | |
CoStar Group, Inc. (b) | 162,765 | 71,968,172 | |
CRA International, Inc. | 36,289 | 2,074,279 | |
DLH Holdings Corp. (b) | 2,257 | 11,872 | |
Dun & Bradstreet Corp. | 164,254 | 23,475,182 | |
Exponent, Inc. | 237,793 | 12,448,464 | |
Forrester Research, Inc. | 47,157 | 2,320,124 | |
Franklin Covey Co. (b) | 53,514 | 1,369,958 | |
FTI Consulting, Inc. (b) | 167,838 | 12,792,612 | |
GEE Group, Inc. (a)(b) | 3,724 | 9,244 | |
GP Strategies Corp. (b) | 68,728 | 1,309,268 | |
Heidrick & Struggles International, Inc. | 88,851 | 3,927,214 | |
Hudson Global, Inc. (b) | 73,252 | 126,726 | |
Huron Consulting Group, Inc. (b) | 101,374 | 5,018,013 | |
ICF International, Inc. | 85,852 | 7,009,816 | |
InnerWorkings, Inc. (a)(b) | 215,796 | 1,687,525 | |
Insperity, Inc. | 167,032 | 20,018,785 | |
Kelly Services, Inc. Class A (non-vtg.) | 140,647 | 3,545,711 | |
Kforce, Inc. | 105,978 | 4,456,375 | |
Korn/Ferry International | 250,018 | 16,783,708 | |
Lightbridge Corp. (b) | 12,635 | 12,761 | |
Manpower, Inc. | 290,898 | 27,265,870 | |
Marathon Patent Group, Inc. (a)(b) | 53,847 | 52,770 | |
Mastech Digital, Inc. (b) | 6,164 | 64,722 | |
MISTRAS Group, Inc. (b) | 78,589 | 1,792,615 | |
Navigant Consulting, Inc. | 204,111 | 4,876,212 | |
RCM Technologies, Inc. | 26,331 | 129,022 | |
Reis, Inc. | 35,639 | 821,479 | |
Resources Connection, Inc. | 145,001 | 2,399,767 | |
Spherix, Inc. (a)(b) | 4,712 | 5,042 | |
TransUnion Holding Co., Inc. | 671,873 | 50,592,037 | |
TriNet Group, Inc. (b) | 185,050 | 10,930,904 | |
TrueBlue, Inc. (b) | 189,785 | 5,560,701 | |
Volt Information Sciences, Inc. (b) | 56,277 | 196,970 | |
WageWorks, Inc. (a)(b) | 176,617 | 9,449,010 | |
Willdan Group, Inc. (a)(b) | 35,062 | 1,099,895 | |
336,477,400 | |||
Road & Rail - 0.8% | |||
AMERCO | 30,806 | 11,548,861 | |
ArcBest Corp. | 114,714 | 5,517,743 | |
Avis Budget Group, Inc. (a)(b) | 318,689 | 9,914,415 | |
Covenant Transport Group, Inc. Class A (b) | 58,436 | 1,745,483 | |
Daseke, Inc. (b) | 220,743 | 1,984,480 | |
Genesee & Wyoming, Inc. Class A (a)(b) | 266,691 | 23,439,472 | |
Heartland Express, Inc. | 222,126 | 4,542,477 | |
Knight-Swift Transportation Holdings, Inc. Class A | 568,984 | 19,419,424 | |
Landstar System, Inc. | 188,634 | 21,843,817 | |
Marten Transport Ltd. | 173,130 | 3,817,517 | |
Old Dominion Freight Lines, Inc. | 302,534 | 46,106,182 | |
P.A.M. Transportation Services, Inc. (b) | 11,803 | 687,761 | |
Patriot Transportation Holding, Inc. (b) | 5,715 | 115,957 | |
Roadrunner Transportation Systems, Inc. (b) | 117,512 | 152,766 | |
Ryder System, Inc. | 237,204 | 18,226,755 | |
Saia, Inc. (a)(b) | 117,517 | 9,313,222 | |
Schneider National, Inc. Class B | 141,992 | 3,840,884 | |
U.S.A. Truck, Inc. (b) | 31,070 | 680,744 | |
Universal Logistics Holdings, Inc. | 41,673 | 1,525,232 | |
Werner Enterprises, Inc. (a) | 197,464 | 7,316,041 | |
YRC Worldwide, Inc. (b) | 140,714 | 1,346,633 | |
193,085,866 | |||
Trading Companies & Distributors - 1.1% | |||
AeroCentury Corp. (b) | 726 | 12,451 | |
Air Lease Corp. Class A | 428,310 | 19,792,205 | |
Aircastle Ltd. | 243,533 | 5,094,710 | |
Applied Industrial Technologies, Inc. | 173,408 | 13,361,086 | |
Beacon Roofing Supply, Inc. (b) | 304,866 | 11,304,431 | |
BlueLinx Corp. (a)(b) | 36,029 | 1,294,522 | |
BMC Stock Holdings, Inc. (b) | 279,470 | 6,288,075 | |
CAI International, Inc. (b) | 68,566 | 1,850,596 | |
DXP Enterprises, Inc. (b) | 73,586 | 3,376,862 | |
EnviroStar, Inc. | 8,263 | 390,427 | |
GATX Corp. (a) | 170,888 | 14,431,492 | |
General Finance Corp. (a)(b) | 73,463 | 1,002,770 | |
H&E Equipment Services, Inc. | 139,217 | 4,846,144 | |
HD Supply Holdings, Inc. (b) | 818,402 | 37,310,947 | |
Herc Holdings, Inc. (b) | 128,723 | 6,768,255 | |
Houston Wire & Cable Co. (b) | 67,850 | 556,370 | |
Huttig Building Products, Inc. (a)(b) | 72,927 | 377,762 | |
Kaman Corp. | 120,759 | 7,874,694 | |
Lawson Products, Inc. (b) | 22,824 | 769,169 | |
MRC Global, Inc. (b) | 399,617 | 8,236,106 | |
MSC Industrial Direct Co., Inc. Class A | 204,243 | 17,458,692 | |
Nexeo Solutions, Inc. (b) | 262,963 | 2,632,260 | |
Now, Inc. (a)(b) | 479,255 | 8,238,393 | |
Rush Enterprises, Inc. Class A | 160,994 | 6,916,302 | |
SiteOne Landscape Supply, Inc. (a)(b) | 179,538 | 16,224,849 | |
Systemax, Inc. | 65,078 | 2,375,347 | |
Titan Machinery, Inc. (a)(b) | 84,437 | 1,524,932 | |
Transcat, Inc. (b) | 24,318 | 592,143 | |
Triton International Ltd. | 212,280 | 8,019,938 | |
Univar, Inc. (b) | 515,593 | 14,343,797 | |
Veritiv Corp. (b) | 50,713 | 2,421,546 | |
Watsco, Inc. | 142,847 | 24,996,797 | |
WESCO International, Inc. (b) | 211,539 | 12,935,610 | |
Willis Lease Finance Corp. (b) | 18,966 | 650,154 | |
264,269,834 | |||
Transportation Infrastructure - 0.1% | |||
Macquarie Infrastructure Co. LLC (a) | 352,615 | 16,587,010 | |
TOTAL INDUSTRIALS | 3,197,595,385 | ||
INFORMATION TECHNOLOGY - 19.8% | |||
Communications Equipment - 1.4% | |||
ADTRAN, Inc. | 225,381 | 3,876,553 | |
Aerohive Networks, Inc. (a)(b) | 131,104 | 553,259 | |
Applied Optoelectronics, Inc. (a)(b) | 86,263 | 3,567,838 | |
Arris International PLC (a)(b) | 777,688 | 20,149,896 | |
Aviat Networks, Inc. (b) | 17,942 | 319,368 | |
Bank Technologies, Inc. | 68,107 | 258,807 | |
Black Box Corp. (a)(b) | 74,340 | 92,925 | |
CalAmp Corp. (a)(b) | 167,160 | 3,928,260 | |
Calix Networks, Inc. (b) | 181,547 | 1,416,067 | |
Carvana Co. Class A (a)(b) | 145,347 | 9,409,765 | |
Ciena Corp. (a)(b) | 637,257 | 20,124,576 | |
Clearfield, Inc. (a)(b) | 45,080 | 615,342 | |
ClearOne, Inc. | 17,220 | 37,023 | |
CommScope Holding Co., Inc. (b) | 855,104 | 27,098,246 | |
Communications Systems, Inc. | 9,122 | 31,197 | |
Comtech Telecommunications Corp. | 109,119 | 3,911,916 | |
Dasan Zhone Solutions, Inc. (a)(b) | 16,585 | 179,781 | |
Digi International, Inc. (b) | 122,486 | 1,647,437 | |
EchoStar Holding Corp. Class A (b) | 221,176 | 10,616,448 | |
EMCORE Corp. (b) | 116,856 | 566,752 | |
Extreme Networks, Inc. (b) | 540,268 | 3,387,480 | |
Finisar Corp. (a)(b) | 512,990 | 10,464,996 | |
Harmonic, Inc. (b) | 393,058 | 2,142,166 | |
Infinera Corp. (b) | 695,007 | 6,220,313 | |
InterDigital, Inc. | 155,724 | 12,862,802 | |
KVH Industries, Inc. (b) | 53,392 | 664,730 | |
Lantronix, Inc. (b) | 2,938 | 15,630 | |
Lumentum Holdings, Inc. (a)(b) | 282,405 | 19,175,300 | |
NETGEAR, Inc. (b) | 143,427 | 10,161,803 | |
NetScout Systems, Inc. (a)(b) | 359,842 | 8,996,050 | |
Network-1 Security Solutions, Inc. | 44,887 | 130,172 | |
Oclaro, Inc. (b) | 778,648 | 7,428,302 | |
Optical Cable Corp. (a)(b) | 11,253 | 43,324 | |
Palo Alto Networks, Inc. (b) | 409,900 | 94,748,385 | |
PC-Tel, Inc. | 65,156 | 282,777 | |
Plantronics, Inc. | 149,855 | 10,073,253 | |
Quantenna Communications, Inc. (b) | 99,259 | 1,813,462 | |
Resonant, Inc. (a)(b) | 88,838 | 471,730 | |
Sonus Networks, Inc. (b) | 229,931 | 1,591,123 | |
Technical Communications Corp. (b) | 2,782 | 13,632 | |
Tessco Technologies, Inc. | 21,957 | 391,932 | |
Ubiquiti Networks, Inc. | 95,899 | 8,603,099 | |
ViaSat, Inc. (a)(b) | 244,675 | 15,370,484 | |
Viavi Solutions, Inc. (b) | 1,014,663 | 11,364,226 | |
Westell Technologies, Inc. Class A (b) | 36,810 | 105,645 | |
xG Technology, Inc. (a)(b) | 3,373 | 1,385 | |
334,925,657 | |||
Electronic Equipment & Components - 3.2% | |||
ADDvantage Technologies Group, Inc. (b) | 11,707 | 16,858 | |
ADT, Inc. (a) | 500,555 | 4,479,967 | |
Akoustis Technologies, Inc. (a)(b) | 44,905 | 374,508 | |
Anixter International, Inc. (b) | 132,690 | 9,566,949 | |
Applied DNA Sciences, Inc. (a)(b) | 83,467 | 101,830 | |
Arrow Electronics, Inc. (b) | 396,273 | 30,723,046 | |
Avnet, Inc. | 521,353 | 25,233,485 | |
AVX Corp. | 228,995 | 4,843,244 | |
Badger Meter, Inc. | 132,432 | 7,277,138 | |
Bel Fuse, Inc. Class B (non-vtg.) | 43,341 | 1,241,720 | |
Belden, Inc. (a) | 182,012 | 13,235,913 | |
Benchmark Electronics, Inc. | 221,538 | 5,726,757 | |
Cardtronics PLC (b) | 203,855 | 7,153,272 | |
Casa Systems, Inc. (a)(b) | 37,182 | 546,204 | |
CDW Corp. | 674,246 | 59,036,980 | |
ClearSign Combustion Corp. (a)(b) | 88,193 | 180,796 | |
Cognex Corp. | 773,857 | 41,633,507 | |
Coherent, Inc. (a)(b) | 111,237 | 21,201,772 | |
Control4 Corp. (b) | 94,138 | 3,051,013 | |
CTS Corp. | 147,892 | 5,464,609 | |
CUI Global, Inc. (b) | 85,811 | 193,933 | |
Daktronics, Inc. | 187,333 | 1,519,271 | |
Data I/O Corp. (b) | 25,384 | 136,566 | |
Dell Technologies, Inc. (a)(b) | 890,312 | 85,621,305 | |
Digital Ally, Inc. (a)(b) | 14,722 | 38,277 | |
Dolby Laboratories, Inc. Class A | 281,007 | 19,723,881 | |
DPW Holdings, Inc. (a)(b) | 240,068 | 117,657 | |
Dynasil Corp. of America (b) | 9,233 | 12,557 | |
Echelon Corp. (b) | 10,643 | 89,933 | |
Electro Scientific Industries, Inc. (a)(b) | 159,386 | 3,498,523 | |
eMagin Corp. (a)(b) | 59,414 | 86,150 | |
ePlus, Inc. (b) | 63,782 | 6,611,004 | |
Fabrinet (a) | 166,602 | 7,975,238 | |
FARO Technologies, Inc. (b) | 75,680 | 5,161,376 | |
Fitbit, Inc. (a)(b) | 799,425 | 4,812,539 | |
Frequency Electronics, Inc. (b) | 18,014 | 149,516 | |
I. D. Systems Inc. (b) | 42,210 | 271,832 | |
Identiv, Inc. (b) | 44,096 | 267,663 | |
IEC Electronics Corp. (b) | 24,204 | 132,880 | |
II-VI, Inc. (a)(b) | 248,183 | 12,347,104 | |
Image Sensing Systems, Inc. (b) | 9,582 | 57,971 | |
Insight Enterprises, Inc. (b) | 157,850 | 8,703,849 | |
Intellicheck, Inc. (a)(b) | 10,517 | 22,822 | |
Iteris, Inc. (a)(b) | 122,630 | 631,545 | |
Itron, Inc. (b) | 157,894 | 10,484,162 | |
Jabil, Inc. | 758,876 | 22,432,375 | |
KEMET Corp. (b) | 218,232 | 5,639,115 | |
KEY Tronic Corp. (b) | 23,421 | 187,368 | |
Keysight Technologies, Inc. (b) | 835,288 | 54,201,838 | |
Kimball Electronics, Inc. (b) | 120,583 | 2,387,543 | |
Knowles Corp. (a)(b) | 409,668 | 7,427,281 | |
LGL Group, Inc. (b) | 5,167 | 39,373 | |
LightPath Technologies, Inc. Class A (a)(b) | 75,176 | 160,877 | |
Littelfuse, Inc. | 111,321 | 24,886,923 | |
LRAD Corp. (b) | 75,779 | 230,368 | |
Luna Innovations, Inc. (b) | 134,554 | 500,541 | |
Maxwell Technologies, Inc. (a)(b) | 187,957 | 671,006 | |
Mesa Laboratories, Inc. | 15,731 | 3,157,998 | |
Methode Electronics, Inc. Class A | 165,031 | 6,543,479 | |
MicroVision, Inc. (a)(b) | 416,568 | 445,728 | |
MTS Systems Corp. | 80,740 | 4,368,034 | |
Napco Security Technolgies, Inc. (b) | 54,451 | 822,210 | |
National Instruments Corp. | 487,285 | 23,267,859 | |
Neonode, Inc. (a)(b) | 119,716 | 36,513 | |
NetList, Inc. (a)(b) | 137,887 | 16,091 | |
Novanta, Inc. (b) | 143,360 | 10,981,376 | |
OSI Systems, Inc. (b) | 79,055 | 6,157,594 | |
Par Technology Corp. (a)(b) | 45,628 | 1,171,727 | |
Park Electrochemical Corp. | 94,387 | 2,017,994 | |
PC Connection, Inc. | 70,156 | 2,785,193 | |
PC Mall, Inc. (b) | 39,971 | 911,339 | |
Perceptron, Inc. (b) | 32,730 | 354,139 | |
Plexus Corp. (b) | 152,708 | 9,664,889 | |
RadiSys Corp. (b) | 138,192 | 219,725 | |
Research Frontiers, Inc. (a)(b) | 70,642 | 81,238 | |
RF Industries Ltd. (a) | 34,355 | 405,389 | |
Richardson Electronics Ltd. | 36,172 | 326,633 | |
Rogers Corp. (b) | 83,497 | 11,528,431 | |
Sanmina Corp. (b) | 310,952 | 9,577,322 | |
ScanSource, Inc. (b) | 115,525 | 4,696,091 | |
Sigmatron International, Inc. (b) | 11,250 | 79,538 | |
Superconductor Technologies, Inc. (a)(b) | 2,752 | 6,522 | |
SYNNEX Corp. | 129,311 | 12,539,288 | |
Tech Data Corp. (b) | 155,831 | 11,336,705 | |
Trimble, Inc. (b) | 1,112,266 | 46,826,399 | |
TTM Technologies, Inc. (a)(b) | 410,024 | 7,667,449 | |
Vishay Intertechnology, Inc. | 588,359 | 14,002,944 | |
Vishay Precision Group, Inc. (b) | 55,852 | 2,418,392 | |
Wayside Technology Group, Inc. | 13,193 | 158,316 | |
Wireless Telecom Group, Inc. (b) | 34,803 | 66,126 | |
Zebra Technologies Corp. Class A (b) | 238,033 | 40,879,787 | |
764,040,188 | |||
Internet Software & Services - 3.0% | |||
2U, Inc. (a)(b) | 254,227 | 22,717,725 | |
Alarm.com Holdings, Inc. (a)(b) | 113,106 | 6,366,737 | |
Amber Road, Inc. (b) | 72,188 | 630,201 | |
ANGI Homeservices, Inc. Class A (a)(b) | 234,164 | 5,071,992 | |
AppFolio, Inc. (b) | 53,537 | 4,572,060 | |
Apptio, Inc. Class A (b) | 140,710 | 5,459,548 | |
Autoweb, Inc. (b) | 46,143 | 159,655 | |
Benefitfocus, Inc. (a)(b) | 107,573 | 4,743,969 | |
BlackLine, Inc. (a)(b) | 176,458 | 9,309,924 | |
Box, Inc. Class A (a)(b) | 572,401 | 14,058,169 | |
Bridgeline Digital, Inc. (b) | 952 | 1,104 | |
Brightcove, Inc. (b) | 142,686 | 1,170,025 | |
BroadVision, Inc. (b) | 7,279 | 13,102 | |
Carbonite, Inc. (b) | 142,269 | 5,911,277 | |
Care.com, Inc. (b) | 69,638 | 1,353,066 | |
CarGurus, Inc. Class A (a) | 48,282 | 2,381,268 | |
ChannelAdvisor Corp. (b) | 110,549 | 1,442,664 | |
Cision Ltd. (a)(b) | 260,243 | 4,713,001 | |
Cloudera, Inc. (a)(b) | 388,032 | 5,824,360 | |
Cornerstone OnDemand, Inc. (b) | 240,452 | 13,599,965 | |
Coupa Software, Inc. (b) | 124,257 | 8,910,469 | |
Determine, Inc. (b) | 71,459 | 58,239 | |
DHI Group, Inc. (b) | 204,008 | 438,617 | |
DocuSign, Inc. (a) | 92,453 | 5,772,765 | |
Dropbox, Inc. Class A (a)(b) | 207,090 | 5,560,367 | |
DropCar, Inc. (a)(b) | 9,790 | 7,049 | |
eGain Communications Corp. (b) | 73,616 | 1,052,709 | |
Endurance International Group Holdings, Inc. (b) | 358,723 | 3,461,677 | |
Envestnet, Inc. (a)(b) | 202,403 | 12,791,870 | |
Etsy, Inc. (b) | 482,738 | 23,504,513 | |
Five9, Inc. (a)(b) | 246,048 | 11,822,606 | |
Fusion Connect, Inc. (a)(b) | 100,564 | 372,087 | |
GlowPoint, Inc. (a)(b) | 315,981 | 55,929 | |
GoDaddy, Inc. (b) | 740,510 | 60,321,945 | |
Gogo, Inc. (a)(b) | 264,954 | 1,189,643 | |
GrubHub, Inc. (a)(b) | 402,893 | 58,060,910 | |
GTT Communications, Inc. (a)(b) | 152,095 | 6,547,690 | |
Hortonworks, Inc. (b) | 296,071 | 6,608,305 | |
IAC/InterActiveCorp (b) | 348,213 | 68,667,604 | |
Instructure, Inc. (a)(b) | 130,588 | 5,347,579 | |
Internap Network Services Corp. (a)(b) | 59,742 | 801,738 | |
Inuvo, Inc. (b) | 95,405 | 61,059 | |
iPass, Inc. (a)(b) | 40,453 | 80,906 | |
Issuer Direct Corp. | 35,231 | 484,426 | |
Izea Worldwide, Inc. (a)(b) | 24,439 | 42,279 | |
j2 Global, Inc. (a) | 218,104 | 18,008,847 | |
Leaf Group Ltd. (b) | 63,831 | 705,333 | |
Limelight Networks, Inc. (b) | 525,907 | 2,666,348 | |
Liquidity Services, Inc. (b) | 94,355 | 679,356 | |
LivePerson, Inc. (b) | 257,488 | 6,926,427 | |
LogMeIn, Inc. | 231,236 | 19,874,734 | |
Marchex, Inc. Class B | 110,863 | 319,285 | |
Marin Software, Inc. (a)(b) | 10,816 | 36,234 | |
Match Group, Inc. (a)(b) | 280,019 | 14,014,951 | |
MeetMe, Inc. (a)(b) | 338,782 | 1,727,788 | |
MINDBODY, Inc. (a)(b) | 132,963 | 4,932,927 | |
MongoDB, Inc. Class A (a) | 107,602 | 7,743,040 | |
Net Element International, Inc. (a)(b) | 15,603 | 96,271 | |
New Relic, Inc. (a)(b) | 190,821 | 19,608,766 | |
Nutanix, Inc. Class A (b) | 318,414 | 17,933,076 | |
Okta, Inc. (b) | 333,092 | 20,595,078 | |
Pandora Media, Inc. (a)(b) | 1,136,304 | 10,499,449 | |
Professional Diversity Network, Inc. (a)(b) | 5,685 | 17,908 | |
Q2 Holdings, Inc. (a)(b) | 156,722 | 9,763,781 | |
QuinStreet, Inc. (b) | 165,257 | 2,506,949 | |
Qumu Corp. (b) | 82,505 | 200,487 | |
Quotient Technology, Inc. (a)(b) | 339,215 | 5,071,264 | |
Remark Holdings, Inc. (a)(b) | 88,573 | 311,777 | |
SecureWorks Corp. (a)(b) | 51,274 | 682,457 | |
SharpSpring, Inc. (b) | 4,489 | 63,699 | |
ShotSpotter, Inc. (a)(b) | 14,937 | 852,006 | |
Shutterstock, Inc. | 83,363 | 4,588,300 | |
SPS Commerce, Inc. (b) | 78,580 | 7,722,057 | |
Stamps.com, Inc. (b) | 74,421 | 18,489,897 | |
Support.com, Inc. (b) | 54,868 | 151,436 | |
Synacor, Inc. (a)(b) | 119,442 | 229,926 | |
TechTarget, Inc. (a)(b) | 91,845 | 2,203,362 | |
Telaria, Inc. (a)(b) | 115,090 | 473,020 | |
The Trade Desk, Inc. (a)(b) | 101,590 | 14,413,589 | |
Travelzoo, Inc. (b) | 31,997 | 396,763 | |
TrueCar, Inc. (a)(b) | 349,710 | 4,497,271 | |
Twilio, Inc. Class A (b) | 343,255 | 27,686,948 | |
Veritone, Inc. (a)(b) | 39,592 | 413,340 | |
Web.com Group, Inc. (b) | 225,073 | 6,290,790 | |
XO Group, Inc. (b) | 111,521 | 3,352,321 | |
Yelp, Inc. (a)(b) | 341,931 | 16,111,789 | |
Yext, Inc. (a)(b) | 297,956 | 7,407,186 | |
Zillow Group, Inc.: | |||
Class A (a)(b) | 244,868 | 11,778,151 | |
Class C (a)(b) | 530,658 | 25,816,512 | |
709,383,689 | |||
IT Services - 3.5% | |||
Acxiom Corp. (b) | 346,135 | 15,814,908 | |
ALJ Regional Holdings, Inc. (b) | 9,675 | 18,770 | |
Booz Allen Hamilton Holding Corp. Class A | 648,080 | 33,155,773 | |
CACI International, Inc. Class A (b) | 109,985 | 21,447,075 | |
Cass Information Systems, Inc. | 45,228 | 3,235,159 | |
Computer Task Group, Inc. (b) | 43,271 | 252,703 | |
Conduent, Inc. (b) | 878,350 | 20,360,153 | |
Convergys Corp. | 412,704 | 10,206,170 | |
CoreLogic, Inc. (b) | 367,288 | 18,672,922 | |
CSG Systems International, Inc. | 156,134 | 5,831,605 | |
CSP, Inc. | 3,489 | 46,159 | |
Edgewater Technology, Inc. (b) | 28,053 | 133,252 | |
EPAM Systems, Inc. (b) | 225,925 | 32,291,460 | |
Euronet Worldwide, Inc. (a)(b) | 229,811 | 22,475,516 | |
Everi Holdings, Inc. (b) | 309,065 | 2,679,594 | |
EVERTEC, Inc. | 269,766 | 6,487,872 | |
ExlService Holdings, Inc. (b) | 152,820 | 9,792,706 | |
First Data Corp. Class A (b) | 2,480,931 | 63,809,545 | |
Genpact Ltd. | 671,734 | 20,581,930 | |
Hackett Group, Inc. | 120,894 | 2,474,700 | |
Information Services Group, Inc. (b) | 106,909 | 529,200 | |
Innodata, Inc. (b) | 57,046 | 82,717 | |
Jack Henry & Associates, Inc. | 346,707 | 54,932,257 | |
Leidos Holdings, Inc. | 636,428 | 45,040,010 | |
ManTech International Corp. Class A | 121,604 | 8,064,777 | |
Maximus, Inc. | 291,106 | 19,358,549 | |
ModusLink Global Solutions, Inc. (b) | 124,462 | 272,572 | |
MoneyGram International, Inc. (b) | 141,146 | 918,860 | |
NIC, Inc. | 297,143 | 4,992,002 | |
Perficient, Inc. (b) | 163,968 | 4,710,801 | |
Perspecta, Inc. | 635,230 | 14,775,450 | |
PFSweb, Inc. (a)(b) | 68,404 | 588,958 | |
Presidio, Inc. (a) | 145,431 | 2,198,917 | |
PRG-Schultz International, Inc. (b) | 113,057 | 1,079,694 | |
Sabre Corp. | 1,123,171 | 29,325,995 | |
Science Applications International Corp. | 188,930 | 17,045,265 | |
ServiceSource International, Inc. (b) | 310,800 | 991,452 | |
Square, Inc. (a)(b) | 1,293,876 | 114,689,169 | |
StarTek, Inc. (a)(b) | 45,478 | 275,597 | |
Sykes Enterprises, Inc. (b) | 179,064 | 5,414,895 | |
Syntel, Inc. (b) | 172,317 | 7,020,195 | |
Teradata Corp. (a)(b) | 535,927 | 22,224,893 | |
Travelport Worldwide Ltd. | 573,717 | 10,653,925 | |
Ttec Holdings, Inc. | 70,995 | 1,860,069 | |
Unisys Corp. (a)(b) | 229,721 | 4,272,811 | |
Virtusa Corp. (b) | 125,755 | 7,326,486 | |
WEX, Inc. (b) | 177,390 | 33,743,126 | |
WidePoint Corp. (b) | 264,173 | 136,049 | |
Worldpay, Inc. (b) | 1,327,578 | 129,292,821 | |
831,585,484 | |||
Semiconductors & Semiconductor Equipment - 2.7% | |||
Acacia Communications, Inc. (a)(b) | 88,878 | 3,623,556 | |
Adesto Technologies Corp. (a)(b) | 106,207 | 642,552 | |
Advanced Energy Industries, Inc. (b) | 174,471 | 10,394,982 | |
AEHR Test Systems (b) | 77,697 | 196,573 | |
Alpha & Omega Semiconductor Ltd. (b) | 93,791 | 1,332,770 | |
Amkor Technology, Inc. (b) | 564,220 | 4,925,641 | |
Amtech Systems, Inc. (a)(b) | 53,049 | 291,239 | |
Aquantia Corp. (a)(b) | 37,349 | 472,091 | |
Atomera, Inc. (a)(b) | 35,732 | 192,595 | |
Axcelis Technologies, Inc. (b) | 141,353 | 2,855,331 | |
AXT, Inc. (a)(b) | 163,305 | 1,290,110 | |
Brooks Automation, Inc. | 321,681 | 12,677,448 | |
Cabot Microelectronics Corp. | 117,276 | 13,220,523 | |
Ceva, Inc. (b) | 101,466 | 3,104,860 | |
Cirrus Logic, Inc. (a)(b) | 270,017 | 11,867,247 | |
Cohu, Inc. | 136,900 | 3,611,422 | |
Cree, Inc. (a)(b) | 447,743 | 21,540,916 | |
CVD Equipment Corp. (a)(b) | 12,659 | 81,651 | |
CyberOptics Corp. (a)(b) | 31,816 | 709,497 | |
Cypress Semiconductor Corp. | 1,589,845 | 27,361,232 | |
Diodes, Inc. (b) | 171,896 | 6,518,296 | |
DSP Group, Inc. (b) | 98,205 | 1,261,934 | |
Entegris, Inc. | 631,248 | 21,399,307 | |
First Solar, Inc. (b) | 364,124 | 18,963,578 | |
FormFactor, Inc. (b) | 329,088 | 5,084,410 | |
GSI Technology, Inc. (b) | 64,516 | 452,257 | |
Ichor Holdings Ltd. (a)(b) | 108,787 | 2,820,847 | |
Impinj, Inc. (a)(b) | 86,502 | 1,858,063 | |
Inphi Corp. (a)(b) | 199,644 | 7,400,803 | |
Integrated Device Technology, Inc. (a)(b) | 572,192 | 24,312,438 | |
Intermolecular, Inc. (b) | 44,940 | 60,669 | |
Intest Corp. (b) | 33,374 | 292,023 | |
Kopin Corp. (a)(b) | 260,464 | 604,276 | |
Kulicke & Soffa Industries, Inc. | 312,955 | 8,071,109 | |
Lattice Semiconductor Corp. (b) | 587,755 | 4,813,713 | |
MACOM Technology Solutions Holdings, Inc. (a)(b) | 181,099 | 4,174,332 | |
Marvell Technology Group Ltd. | 2,597,123 | 53,708,504 | |
Maxim Integrated Products, Inc. | 1,245,719 | 75,328,628 | |
MaxLinear, Inc. Class A (a)(b) | 287,596 | 5,544,851 | |
MKS Instruments, Inc. | 244,160 | 22,682,464 | |
Monolithic Power Systems, Inc. | 172,955 | 25,920,766 | |
MoSys, Inc. (a)(b) | 16,268 | 13,665 | |
Nanometrics, Inc. (b) | 108,990 | 4,774,852 | |
NeoPhotonics Corp. (a)(b) | 159,367 | 1,400,836 | |
NVE Corp. | 22,079 | 2,509,941 | |
ON Semiconductor Corp. (b) | 1,908,857 | 40,735,008 | |
PDF Solutions, Inc. (a)(b) | 122,998 | 1,072,543 | |
Photronics, Inc. (b) | 319,010 | 3,413,407 | |
Pixelworks, Inc. (b) | 137,421 | 757,190 | |
Power Integrations, Inc. | 131,006 | 9,609,290 | |
QuickLogic Corp. (a)(b) | 362,578 | 395,210 | |
Rambus, Inc. (b) | 490,859 | 5,998,297 | |
Rubicon Technology, Inc. (a)(b) | 8,459 | 77,315 | |
Rudolph Technologies, Inc. (b) | 142,377 | 3,958,081 | |
Semtech Corp. (b) | 297,415 | 17,770,546 | |
Silicon Laboratories, Inc. (a)(b) | 195,953 | 19,203,394 | |
SMART Global Holdings, Inc. (a)(b) | 24,552 | 809,970 | |
SolarEdge Technologies, Inc. (a)(b) | 169,300 | 8,117,935 | |
SunPower Corp. (a)(b) | 277,488 | 1,864,719 | |
Synaptics, Inc. (a)(b) | 152,567 | 7,362,883 | |
Teradyne, Inc. | 852,655 | 35,120,859 | |
Ultra Clean Holdings, Inc. (b) | 175,068 | 2,671,538 | |
Universal Display Corp. (a) | 187,284 | 22,923,562 | |
Veeco Instruments, Inc. (b) | 224,720 | 2,696,640 | |
Versum Materials, Inc. | 493,451 | 19,634,415 | |
Xcerra Corp. (b) | 245,849 | 3,559,894 | |
Xperi Corp. | 215,562 | 3,384,323 | |
631,501,817 | |||
Software - 5.7% | |||
8x8, Inc. (b) | 425,789 | 9,665,410 | |
A10 Networks, Inc. (b) | 222,356 | 1,549,821 | |
ACI Worldwide, Inc. (a)(b) | 532,148 | 15,118,325 | |
Agilysys, Inc. (b) | 71,034 | 1,141,516 | |
Altair Engineering, Inc. Class A (b) | 114,885 | 4,798,746 | |
American Software, Inc. Class A | 136,738 | 2,458,549 | |
Appian Corp. Class A (a)(b) | 70,144 | 2,450,130 | |
Aspen Technology, Inc. (b) | 316,092 | 36,464,373 | |
Asure Software, Inc. (a)(b) | 56,901 | 855,222 | |
Avaya Holdings Corp. (a)(b) | 467,440 | 10,919,398 | |
Aware, Inc. (b) | 24,042 | 85,349 | |
Black Knight, Inc. (b) | 626,017 | 33,429,308 | |
Blackbaud, Inc. | 216,943 | 22,685,730 | |
Bottomline Technologies, Inc. (b) | 158,373 | 10,447,867 | |
BSQUARE Corp. (b) | 35,232 | 81,034 | |
Cardlytics, Inc. (a)(b) | 33,762 | 688,407 | |
CDK Global, Inc. | 549,282 | 34,231,254 | |
Ceridian HCM Holding, Inc. (a) | 96,980 | 3,733,730 | |
CommVault Systems, Inc. (b) | 193,014 | 13,443,425 | |
Datawatch Corp. (b) | 54,004 | 688,551 | |
Digimarc Corp. (a)(b) | 51,774 | 1,529,922 | |
Digital Turbine, Inc. (a)(b) | 234,348 | 328,087 | |
Ebix, Inc. | 101,347 | 8,072,289 | |
Ellie Mae, Inc. (a)(b) | 153,926 | 16,219,183 | |
Everbridge, Inc. (a)(b) | 80,489 | 4,846,243 | |
Evolving Systems, Inc. (b) | 27,005 | 61,436 | |
Fair Isaac Corp. (b) | 132,117 | 30,516,385 | |
Finjan Holdings, Inc. (b) | 50,868 | 223,311 | |
FireEye, Inc. (a)(b) | 807,674 | 13,407,388 | |
Forescout Technologies, Inc. (b) | 99,448 | 3,587,089 | |
Fortinet, Inc. (b) | 644,919 | 54,018,415 | |
Globalscape, Inc. | 28,877 | 114,064 | |
Glu Mobile, Inc. (b) | 487,546 | 3,754,104 | |
GSE Systems, Inc. (b) | 32,533 | 108,986 | |
Guidewire Software, Inc. (a)(b) | 356,649 | 35,868,190 | |
HubSpot, Inc. (a)(b) | 160,052 | 22,999,472 | |
Imperva, Inc. (b) | 148,674 | 7,009,979 | |
Inseego Corp. (a)(b) | 191,007 | 597,852 | |
Majesco (b) | 51,570 | 368,726 | |
MAM Software Group, Inc. (b) | 1,166 | 9,375 | |
Manhattan Associates, Inc. (a)(b) | 297,348 | 17,243,211 | |
MicroStrategy, Inc. Class A (b) | 44,348 | 6,607,852 | |
Mitek Systems, Inc. (a)(b) | 151,799 | 1,100,543 | |
MobileIron, Inc. (b) | 254,713 | 1,248,094 | |
Model N, Inc. (b) | 118,318 | 2,011,406 | |
Monotype Imaging Holdings, Inc. | 194,093 | 3,998,316 | |
NetSol Technologies, Inc. (b) | 36,495 | 215,321 | |
Nuance Communications, Inc. (b) | 1,215,134 | 19,830,987 | |
NXT-ID, Inc. (a)(b) | 86,540 | 147,983 | |
Onespan, Inc. (b) | 140,203 | 2,628,806 | |
Parametric Technology Corp. (b) | 512,569 | 51,226,146 | |
Park City Group, Inc. (a)(b) | 64,528 | 545,262 | |
Paycom Software, Inc. (a)(b) | 216,789 | 33,628,310 | |
Paylocity Holding Corp. (a)(b) | 122,902 | 9,763,335 | |
Pegasystems, Inc. | 168,031 | 10,703,575 | |
Pivotal Software, Inc. (a) | 176,475 | 4,897,181 | |
Pluralsight, Inc. (a) | 95,559 | 3,265,251 | |
Progress Software Corp. | 207,752 | 8,503,289 | |
Proofpoint, Inc. (b) | 225,679 | 26,776,813 | |
PROS Holdings, Inc. (a)(b) | 151,649 | 5,592,815 | |
QAD, Inc.: | |||
Class A | 29,880 | 1,812,222 | |
Class B | 23,915 | 1,134,767 | |
Qualys, Inc. (b) | 147,719 | 13,449,815 | |
Rapid7, Inc. (b) | 182,961 | 6,979,962 | |
RealNetworks, Inc. (b) | 88,984 | 284,749 | |
RealPage, Inc. (b) | 320,648 | 20,008,435 | |
Red Violet, Inc. (a)(b) | 23,864 | 184,946 | |
RingCentral, Inc. (a)(b) | 298,721 | 27,825,861 | |
Rosetta Stone, Inc. (b) | 75,204 | 1,188,223 | |
RumbleON, Inc. Class B | 7,424 | 63,624 | |
SailPoint Technologies Holding, Inc. (b) | 288,199 | 8,913,995 | |
SeaChange International, Inc. (b) | 123,967 | 204,546 | |
SendGrid, Inc. (b) | 54,973 | 1,993,871 | |
ServiceNow, Inc. (b) | 787,878 | 154,707,724 | |
ShiftPixy, Inc. (a)(b) | 15,135 | 50,551 | |
SITO Mobile Ltd. (a)(b) | 74,241 | 147,740 | |
Smartsheet, Inc. (a) | 62,648 | 1,862,525 | |
Smith Micro Software, Inc. (a)(b) | 65,744 | 163,045 | |
Snap, Inc. Class A (a)(b) | 1,137,231 | 12,395,818 | |
Sonic Foundry, Inc. (a)(b) | 55,955 | 96,802 | |
Splunk, Inc. (b) | 647,285 | 82,949,573 | |
SS&C Technologies Holdings, Inc. | 892,623 | 52,968,249 | |
Tableau Software, Inc. (a)(b) | 303,365 | 33,934,409 | |
TeleNav, Inc. (b) | 138,127 | 773,511 | |
The Rubicon Project, Inc. (b) | 185,651 | 738,891 | |
TiVo Corp. | 566,150 | 7,727,948 | |
Tyler Technologies, Inc. (a)(b) | 158,771 | 39,208,498 | |
Ultimate Software Group, Inc. (a)(b) | 129,249 | 40,024,538 | |
Upland Software, Inc. (b) | 48,426 | 1,802,416 | |
Varonis Systems, Inc. (b) | 89,746 | 6,632,229 | |
Verint Systems, Inc. (b) | 288,088 | 13,986,672 | |
VirnetX Holding Corp. (a)(b) | 224,849 | 753,244 | |
VMware, Inc. Class A (a)(b) | 309,688 | 47,462,783 | |
Workday, Inc. Class A (a)(b) | 652,657 | 100,861,613 | |
Workiva, Inc. (a)(b) | 120,722 | 4,448,606 | |
Zedge, Inc. (b) | 22,584 | 66,171 | |
Zendesk, Inc. (b) | 465,206 | 32,048,041 | |
Zix Corp. (b) | 274,741 | 1,524,813 | |
Zscaler, Inc. (a)(b) | 64,761 | 2,771,123 | |
Zuora, Inc. (a) | 52,810 | 1,456,500 | |
Zynga, Inc. (b) | 3,489,348 | 14,515,688 | |
1,358,635,874 | |||
Technology Hardware, Storage & Peripherals - 0.3% | |||
3D Systems Corp. (a)(b) | 503,689 | 10,250,071 | |
Astro-Med, Inc. | 70,231 | 1,555,617 | |
Avid Technology, Inc. (a)(b) | 150,202 | 889,196 | |
CPI Card Group (a)(b) | 14,163 | 44,755 | |
Cray, Inc. (b) | 177,191 | 3,845,045 | |
Diebold Nixdorf, Inc. (a) | 339,412 | 1,612,207 | |
Eastman Kodak Co. (a)(b) | 178,692 | 580,749 | |
Electronics for Imaging, Inc. (a)(b) | 196,301 | 6,829,312 | |
Everspin Technologies, Inc. (a)(b) | 33,541 | 310,254 | |
Immersion Corp. (b) | 136,771 | 1,589,279 | |
Intevac, Inc. (b) | 81,125 | 468,497 | |
NCR Corp. (a)(b) | 523,702 | 14,878,374 | |
Pure Storage, Inc. Class A (a)(b) | 536,371 | 14,396,198 | |
Qualstar Corp. (a)(b) | 11,767 | 95,901 | |
Quantum Corp. (a)(b) | 140,061 | 282,923 | |
Transact Technologies, Inc. | 27,805 | 392,051 | |
U.S.A. Technologies, Inc. (b) | 239,730 | 3,895,613 | |
61,916,042 | |||
TOTAL INFORMATION TECHNOLOGY | 4,691,988,751 | ||
MATERIALS - 5.0% | |||
Chemicals - 2.4% | |||
A. Schulman, Inc. rights (b)(d) | 134,313 | 256,538 | |
Advanced Emissions Solutions, Inc. (a) | 92,967 | 1,061,683 | |
AdvanSix, Inc. (b) | 140,165 | 4,743,184 | |
AgroFresh Solutions, Inc. (a)(b) | 114,965 | 764,517 | |
American Vanguard Corp. | 117,647 | 2,576,469 | |
Ashland Global Holdings, Inc. | 278,165 | 23,421,493 | |
Axalta Coating Systems Ltd. (b) | 983,977 | 30,011,299 | |
Balchem Corp. (a) | 143,906 | 15,957,736 | |
Cabot Corp. | 277,404 | 18,009,068 | |
Celanese Corp. Class A | 606,549 | 70,863,120 | |
Chase Corp. | 32,571 | 4,037,175 | |
Core Molding Technologies, Inc. | 29,730 | 272,624 | |
Ferro Corp. (b) | 376,167 | 8,256,866 | |
Flotek Industries, Inc. (a)(b) | 264,681 | 659,056 | |
FutureFuel Corp. | 102,472 | 1,519,660 | |
H.B. Fuller Co. | 224,309 | 12,783,370 | |
Hawkins, Inc. | 43,033 | 1,777,263 | |
Huntsman Corp. | 937,897 | 28,596,480 | |
Ingevity Corp. (b) | 188,967 | 19,087,557 | |
Innophos Holdings, Inc. | 91,648 | 4,005,934 | |
Innospec, Inc. | 114,722 | 8,902,427 | |
Intrepid Potash, Inc. (b) | 450,889 | 1,533,023 | |
KMG Chemicals, Inc. | 53,527 | 4,147,272 | |
Koppers Holdings, Inc. (b) | 95,695 | 3,392,388 | |
Kraton Performance Polymers, Inc. (b) | 141,371 | 6,648,678 | |
Kronos Worldwide, Inc. | 98,226 | 1,977,289 | |
Loop Industries, Inc. (a)(b) | 1,840 | 18,179 | |
LSB Industries, Inc. (a)(b) | 90,767 | 791,488 | |
MagneGas Corp. (b) | 481 | 96 | |
Marrone Bio Innovations, Inc. (a)(b) | 133,190 | 277,701 | |
Minerals Technologies, Inc. | 158,189 | 10,622,391 | |
NewMarket Corp. (a) | 42,029 | 16,855,310 | |
Northern Technologies International Corp. | 5,699 | 204,024 | |
Olin Corp. | 747,477 | 22,969,968 | |
OMNOVA Solutions, Inc. (b) | 197,283 | 1,785,411 | |
Platform Specialty Products Corp. (b) | 968,588 | 12,843,477 | |
PolyOne Corp. | 361,186 | 15,263,720 | |
PQ Group Holdings, Inc. (a) | 141,606 | 2,520,587 | |
Quaker Chemical Corp. | 60,655 | 10,926,392 | |
Rayonier Advanced Materials, Inc. | 237,501 | 4,963,771 | |
RPM International, Inc. | 598,621 | 40,406,918 | |
Senomyx, Inc. (a)(b) | 173,392 | 199,401 | |
Sensient Technologies Corp. (a) | 189,772 | 13,477,607 | |
Stepan Co. | 90,484 | 8,072,078 | |
The Chemours Co. LLC | 792,438 | 34,550,297 | |
The Scotts Miracle-Gro Co. Class A | 173,383 | 12,955,178 | |
Trecora Resources (b) | 73,260 | 1,025,640 | |
Tredegar Corp. | 118,547 | 2,602,107 | |
Trinseo SA | 194,714 | 15,022,185 | |
Tronox Ltd. Class A | 426,311 | 6,901,975 | |
Valhi, Inc. | 96,973 | 320,011 | |
Valvoline, Inc. | 872,050 | 18,766,516 | |
Venator Materials PLC | 214,416 | 2,590,145 | |
W.R. Grace & Co. | 299,273 | 21,146,630 | |
Westlake Chemical Corp. | 160,857 | 15,212,246 | |
568,553,618 | |||
Construction Materials - 0.2% | |||
Eagle Materials, Inc. | 211,268 | 19,506,374 | |
Forterra, Inc. (a)(b) | 86,988 | 735,918 | |
Foundation Building Materials, Inc. (b) | 59,843 | 826,432 | |
nVent Electric PLC | 727,207 | 20,427,245 | |
Summit Materials, Inc. (a) | 496,820 | 10,567,361 | |
Tecnoglass, Inc. (a) | 22,511 | 210,928 | |
U.S. Concrete, Inc. (a)(b) | 74,738 | 3,602,372 | |
United States Lime & Minerals, Inc. | 10,066 | 763,909 | |
56,640,539 | |||
Containers & Packaging - 0.8% | |||
Aptargroup, Inc. | 278,266 | 29,137,233 | |
Bemis Co., Inc. | 405,500 | 19,983,040 | |
Berry Global Group, Inc. (b) | 583,510 | 27,850,932 | |
Crown Holdings, Inc. (a)(b) | 599,711 | 25,673,628 | |
Graphic Packaging Holding Co. | 1,373,376 | 19,529,407 | |
Greif, Inc.: | |||
Class A | 127,041 | 7,010,122 | |
Class B | 6,373 | 362,305 | |
Myers Industries, Inc. | 125,306 | 2,788,059 | |
Owens-Illinois, Inc. (b) | 726,460 | 12,836,548 | |
Silgan Holdings, Inc. | 332,687 | 9,065,721 | |
Sonoco Products Co. | 444,581 | 24,914,319 | |
UFP Technologies, Inc. (b) | 22,187 | 782,092 | |
179,933,406 | |||
Metals & Mining - 1.2% | |||
AK Steel Holding Corp. (a)(b) | 1,414,277 | 6,279,390 | |
Alcoa Corp. (b) | 776,561 | 34,688,980 | |
Allegheny Technologies, Inc. (a)(b) | 557,008 | 15,055,926 | |
Ampco-Pittsburgh Corp. (b) | 38,813 | 293,038 | |
Atkore International Group, Inc. (b) | 182,585 | 4,999,177 | |
Carpenter Technology Corp. | 209,937 | 12,526,941 | |
Century Aluminum Co. (a)(b) | 227,020 | 2,864,992 | |
Cleveland-Cliffs, Inc. (a)(b) | 1,327,574 | 13,342,119 | |
Coeur d'Alene Mines Corp. (a)(b) | 857,086 | 4,868,248 | |
Commercial Metals Co. (a) | 528,765 | 11,421,324 | |
Compass Minerals International, Inc. (a) | 154,492 | 9,663,475 | |
Comstock Mining, Inc. (a)(b) | 43,965 | 7,694 | |
Friedman Industries | 25,968 | 268,249 | |
General Moly, Inc. (b) | 199,078 | 77,640 | |
Gold Resource Corp. | 254,210 | 1,311,724 | |
Golden Minerals Co. (a)(b) | 162,066 | 44,374 | |
Haynes International, Inc. | 54,352 | 2,141,469 | |
Hecla Mining Co. (a) | 2,145,563 | 6,093,399 | |
Kaiser Aluminum Corp. | 75,360 | 8,258,702 | |
Materion Corp. | 88,833 | 5,667,545 | |
McEwen Mining, Inc. (a) | 1,170,839 | 2,306,553 | |
Olympic Steel, Inc. | 41,185 | 907,717 | |
Paramount Gold Nevada Corp. (a)(b) | 22,322 | 22,992 | |
Pershing Gold Corp. (a)(b) | 67,767 | 88,775 | |
Reliance Steel & Aluminum Co. | 322,506 | 28,345,052 | |
Royal Gold, Inc. | 293,926 | 22,414,797 | |
Ryerson Holding Corp. (b) | 75,567 | 785,897 | |
Schnitzer Steel Industries, Inc. Class A (a) | 129,052 | 3,400,520 | |
Solitario Exploration & Royalty Corp. (b) | 56,754 | 21,464 | |
Steel Dynamics, Inc. | 1,049,972 | 48,015,220 | |
SunCoke Energy, Inc. (b) | 290,025 | 3,236,679 | |
Synalloy Corp. (a) | 36,188 | 830,515 | |
TimkenSteel Corp. (a)(b) | 177,269 | 2,483,539 | |
U.S. Antimony Corp. (b) | 112,677 | 67,606 | |
U.S. Gold Corp. | 271 | 309 | |
United States Steel Corp. | 784,075 | 23,271,346 | |
Universal Stainless & Alloy Products, Inc. (b) | 38,127 | 1,154,486 | |
Warrior Metropolitan Coal, Inc. (a) | 193,102 | 4,644,103 | |
Worthington Industries, Inc. | 195,706 | 9,115,985 | |
290,987,961 | |||
Paper & Forest Products - 0.4% | |||
Boise Cascade Co. | 180,079 | 7,869,452 | |
Clearwater Paper Corp. (b) | 73,623 | 2,138,748 | |
Domtar Corp. | 285,301 | 14,521,821 | |
Kapstone Paper & Packaging Corp. | 390,949 | 13,429,098 | |
Louisiana-Pacific Corp. | 649,846 | 18,949,509 | |
Mercer International, Inc. (SBI) | 214,087 | 3,789,340 | |
Neenah, Inc. | 79,790 | 7,280,838 | |
P.H. Glatfelter Co. | 192,702 | 3,705,659 | |
Resolute Forest Products (b) | 407,572 | 5,604,115 | |
Schweitzer-Mauduit International, Inc. | 137,070 | 5,577,378 | |
Verso Corp. (b) | 152,411 | 4,784,181 | |
87,650,139 | |||
TOTAL MATERIALS | 1,183,765,663 | ||
REAL ESTATE - 8.0% | |||
Equity Real Estate Investment Trusts (REITs) - 7.5% | |||
Acadia Realty Trust (SBI) | 372,096 | 10,612,178 | |
Agree Realty Corp. | 142,365 | 8,124,771 | |
Alexander & Baldwin, Inc. | 312,016 | 7,323,016 | |
Alexanders, Inc. | 17,139 | 6,185,979 | |
American Assets Trust, Inc. | 196,857 | 7,775,852 | |
American Campus Communities, Inc. | 607,152 | 25,457,883 | |
American Homes 4 Rent Class A | 1,135,265 | 26,338,148 | |
Americold Realty Trust | 210,074 | 5,230,843 | |
Apple Hospitality (REIT), Inc. | 977,818 | 17,258,488 | |
Armada Hoffler Properties, Inc. | 218,174 | 3,401,333 | |
Ashford Hospitality Trust, Inc. | 421,427 | 2,735,061 | |
Bluerock Residential Growth (REIT), Inc. (a) | 97,765 | 966,896 | |
Braemar Hotels & Resorts, Inc. | 138,266 | 1,596,972 | |
Brandywine Realty Trust (SBI) | 796,532 | 13,349,876 | |
Brixmor Property Group, Inc. | 1,346,958 | 24,541,575 | |
BRT Realty Trust | 35,820 | 461,003 | |
Camden Property Trust (SBI) | 409,530 | 38,929,922 | |
CareTrust (REIT), Inc. | 361,368 | 6,667,240 | |
CatchMark Timber Trust, Inc. | 220,765 | 2,768,393 | |
CBL & Associates Properties, Inc. (a) | 772,823 | 3,446,791 | |
Cedar Realty Trust, Inc. | 348,746 | 1,558,895 | |
Chatham Lodging Trust | 215,213 | 4,616,319 | |
Chesapeake Lodging Trust | 269,215 | 8,859,866 | |
CIM Commercial Trust Corp. | 62,574 | 976,154 | |
City Office REIT, Inc. | 163,548 | 2,111,405 | |
Clipper Realty, Inc. | 58,110 | 708,942 | |
Colony NorthStar, Inc. (a) | 2,210,417 | 13,549,856 | |
Columbia Property Trust, Inc. | 544,617 | 13,114,377 | |
Community Healthcare Trust, Inc. | 84,297 | 2,615,736 | |
Condor Hospitality Trust, Inc. | 248 | 2,592 | |
CorEnergy Infrastructure Trust, Inc. (a) | 53,602 | 2,006,323 | |
CorePoint Lodging, Inc. (b) | 181,624 | 3,786,860 | |
CoreSite Realty Corp. | 161,703 | 18,833,548 | |
Corporate Office Properties Trust (SBI) | 466,030 | 14,344,403 | |
Corrections Corp. of America | 534,554 | 13,839,603 | |
Cousins Properties, Inc. | 1,862,664 | 17,415,908 | |
CubeSmart | 813,933 | 24,865,653 | |
CyrusOne, Inc. | 441,382 | 29,554,939 | |
DDR Corp. | 679,563 | 9,507,086 | |
DiamondRock Hospitality Co. | 898,155 | 10,741,934 | |
Douglas Emmett, Inc. | 698,986 | 27,302,393 | |
Easterly Government Properties, Inc. | 267,657 | 5,420,054 | |
EastGroup Properties, Inc. | 155,987 | 15,172,855 | |
Education Realty Trust, Inc. | 357,229 | 14,782,136 | |
Empire State Realty Trust, Inc. | 606,613 | 10,670,323 | |
EPR Properties | 289,117 | 20,290,231 | |
Equity Commonwealth (b) | 541,840 | 17,371,390 | |
Equity Lifestyle Properties, Inc. | 394,869 | 38,254,909 | |
Farmland Partners, Inc. (a) | 178,574 | 1,260,732 | |
First Industrial Realty Trust, Inc. | 546,807 | 17,749,355 | |
Forest City Realty Trust, Inc. Class A | 1,196,795 | 30,099,394 | |
Four Corners Property Trust, Inc. | 309,736 | 8,344,288 | |
Franklin Street Properties Corp. | 492,298 | 4,218,994 | |
Front Yard Residential Corp. Class B | 237,862 | 2,906,674 | |
Gaming & Leisure Properties | 888,259 | 31,790,790 | |
Getty Realty Corp. | 153,683 | 4,473,712 | |
Gladstone Commercial Corp. | 160,908 | 3,203,678 | |
Gladstone Land Corp. (a) | 65,467 | 896,898 | |
Global Medical REIT, Inc. (a) | 86,806 | 830,733 | |
Global Net Lease, Inc. | 340,989 | 7,396,051 | |
Global Self Storage, Inc. | 69,168 | 293,272 | |
Government Properties Income Trust (a) | 440,563 | 7,449,920 | |
Gramercy Property Trust | 698,536 | 19,104,960 | |
Healthcare Realty Trust, Inc. | 565,897 | 17,520,171 | |
Healthcare Trust of America, Inc. | 919,938 | 26,282,629 | |
Hersha Hospitality Trust | 176,585 | 4,167,406 | |
Highwoods Properties, Inc. (SBI) | 456,089 | 22,685,867 | |
Hospitality Properties Trust (SBI) | 739,283 | 21,431,814 | |
Hudson Pacific Properties, Inc. | 699,512 | 23,671,486 | |
Independence Realty Trust, Inc. | 384,410 | 3,970,955 | |
Industrial Logistics Properties Trust | 93,306 | 2,245,875 | |
InfraReit, Inc. | 177,881 | 3,715,934 | |
Investors Real Estate Trust | 557,381 | 3,037,726 | |
Invitation Homes, Inc. | 1,269,933 | 29,678,334 | |
iStar Financial, Inc. (a) | 328,567 | 3,676,665 | |
JBG SMITH Properties | 424,286 | 15,893,754 | |
Jernigan Capital, Inc. | 77,285 | 1,546,473 | |
Kilroy Realty Corp. | 439,609 | 32,153,002 | |
Kite Realty Group Trust | 372,502 | 6,511,335 | |
Lamar Advertising Co. Class A | 372,834 | 28,726,860 | |
LaSalle Hotel Properties (SBI) | 491,874 | 17,269,696 | |
Lexington Corporate Properties Trust | 974,247 | 9,099,467 | |
Liberty Property Trust (SBI) | 652,680 | 28,554,750 | |
Life Storage, Inc. | 204,530 | 19,962,128 | |
LTC Properties, Inc. | 182,502 | 8,477,218 | |
Mack-Cali Realty Corp. | 421,592 | 9,207,569 | |
MedEquities Realty Trust, Inc. | 140,497 | 1,504,723 | |
Medical Properties Trust, Inc. | 1,634,802 | 24,603,770 | |
Monmouth Real Estate Investment Corp. Class A | 359,421 | 6,250,331 | |
National Health Investors, Inc. | 188,801 | 14,962,479 | |
National Retail Properties, Inc. | 682,478 | 31,455,411 | |
National Storage Affiliates Trust | 250,833 | 7,113,624 | |
New Senior Investment Group, Inc. | 361,016 | 2,288,841 | |
NexPoint Residential Trust, Inc. | 105,661 | 3,412,850 | |
NorthStar Realty Europe Corp. | 259,554 | 3,561,081 | |
Omega Healthcare Investors, Inc. (a) | 884,743 | 29,240,756 | |
One Liberty Properties, Inc. | 71,120 | 2,047,545 | |
Outfront Media, Inc. | 628,891 | 12,496,064 | |
Paramount Group, Inc. | 931,818 | 14,797,270 | |
Park Hotels & Resorts, Inc. | 894,644 | 29,925,842 | |
Pebblebrook Hotel Trust (a) | 304,800 | 11,768,328 | |
Pennsylvania Real Estate Investment Trust (SBI) | 306,593 | 3,127,249 | |
Physicians Realty Trust | 840,176 | 14,694,678 | |
Piedmont Office Realty Trust, Inc. Class A | 585,487 | 11,616,062 | |
Plymouth Industrial REIT, Inc. | 2,621 | 42,277 | |
Potlatch Corp. | 270,196 | 13,050,467 | |
Power (REIT) (b) | 1,204 | 7,284 | |
Preferred Apartment Communities, Inc. Class A | 177,055 | 3,155,120 | |
PS Business Parks, Inc. | 91,900 | 11,986,517 | |
QTS Realty Trust, Inc. Class A | 230,116 | 10,523,205 | |
Ramco-Gershenson Properties Trust (SBI) | 365,581 | 5,103,511 | |
Rayonier, Inc. | 572,166 | 19,928,542 | |
Regional Health Properties, Inc. (b) | 39,804 | 5,175 | |
Retail Opportunity Investments Corp. | 508,249 | 10,032,835 | |
Retail Properties America, Inc. | 988,866 | 12,588,264 | |
Rexford Industrial Realty, Inc. | 406,788 | 13,220,610 | |
RLJ Lodging Trust | 784,724 | 17,193,303 | |
Ryman Hospitality Properties, Inc. | 228,284 | 20,255,639 | |
Sabra Health Care REIT, Inc. | 799,559 | 18,853,601 | |
Safety Income and Growth, Inc. | 45,219 | 746,114 | |
Saul Centers, Inc. | 57,521 | 3,451,260 | |
Select Income REIT | 303,418 | 6,235,240 | |
Senior Housing Properties Trust (SBI) | 1,081,837 | 20,673,905 | |
Seritage Growth Properties (a) | 117,633 | 6,055,747 | |
Sotherly Hotels, Inc. | 41,362 | 304,838 | |
Spirit MTA REIT (a) | 195,715 | 2,098,065 | |
Spirit Realty Capital, Inc. | 1,871,385 | 15,663,492 | |
Stag Industrial, Inc. | 466,598 | 13,470,684 | |
Store Capital Corp. | 755,979 | 21,779,755 | |
Summit Hotel Properties, Inc. | 480,511 | 6,597,416 | |
Sun Communities, Inc. | 355,413 | 36,671,513 | |
Sunstone Hotel Investors, Inc. | 997,120 | 16,731,674 | |
Tanger Factory Outlet Centers, Inc. (a) | 427,343 | 10,281,873 | |
Taubman Centers, Inc. | 273,065 | 17,642,730 | |
Terreno Realty Corp. | 242,580 | 9,317,498 | |
The GEO Group, Inc. | 547,300 | 13,885,001 | |
TIER REIT, Inc. | 226,769 | 5,406,173 | |
UMH Properties, Inc. | 171,977 | 2,744,753 | |
Uniti Group, Inc. (a) | 732,806 | 15,257,021 | |
Universal Health Realty Income Trust (SBI) | 64,392 | 4,909,890 | |
Urban Edge Properties | 491,167 | 11,228,078 | |
Urstadt Biddle Properties, Inc. Class A | 143,066 | 3,254,752 | |
VEREIT, Inc. | 4,256,407 | 33,285,103 | |
Washington Prime Group, Inc. | 852,809 | 6,600,742 | |
Washington REIT (SBI) | 354,011 | 11,172,587 | |
Weingarten Realty Investors (SBI) | 543,638 | 16,814,723 | |
Wheeler REIT, Inc. (a) | 33,737 | 185,891 | |
Whitestone REIT Class B | 177,576 | 2,422,137 | |
WP Carey, Inc. | 480,202 | 31,971,849 | |
Xenia Hotels & Resorts, Inc. | 486,556 | 11,803,849 | |
1,774,431,082 | |||
Real Estate Management & Development - 0.5% | |||
Altisource Asset Management Corp. (a)(b) | 2,426 | 150,533 | |
Altisource Portfolio Solutions SA (a)(b) | 52,112 | 1,883,849 | |
American Realty Investments, Inc. (a)(b) | 1,984 | 33,530 | |
Boston Omaha Corp. (b) | 14,617 | 379,457 | |
Consolidated-Tomoka Land Co. | 23,748 | 1,490,899 | |
Forestar Group, Inc. (a)(b) | 47,373 | 1,217,486 | |
FRP Holdings, Inc. (a)(b) | 40,472 | 2,642,822 | |
Griffin Industrial Realty, Inc. | 7,815 | 313,382 | |
HFF, Inc. | 169,808 | 7,710,981 | |
Howard Hughes Corp. (b) | 171,471 | 22,354,674 | |
InterGroup Corp. (b) | 829 | 23,046 | |
J.W. Mays, Inc. (b) | 15 | 552 | |
Jones Lang LaSalle, Inc. | 201,104 | 30,672,382 | |
Kennedy-Wilson Holdings, Inc. | 565,207 | 12,123,690 | |
Marcus & Millichap, Inc. (b) | 69,555 | 2,532,498 | |
Maui Land & Pineapple, Inc. (a)(b) | 29,867 | 379,311 | |
RE/MAX Holdings, Inc. | 80,431 | 3,961,227 | |
Realogy Holdings Corp. (a) | 573,287 | 12,262,609 | |
Redfin Corp. (a)(b) | 301,086 | 5,964,514 | |
Retail Value, Inc. (b) | 67,956 | 2,427,388 | |
Stratus Properties, Inc. (b) | 12,564 | 381,946 | |
Tejon Ranch Co. (b) | 78,871 | 1,753,302 | |
The St. Joe Co. (a)(b) | 299,484 | 5,151,125 | |
Transcontinental Realty Investors, Inc. (b) | 1,482 | 45,038 | |
Trinity Place Holdings, Inc. (b) | 36,266 | 221,223 | |
VICI Properties, Inc. | 307,534 | 6,430,536 | |
122,508,000 | |||
TOTAL REAL ESTATE | 1,896,939,082 | ||
TELECOMMUNICATION SERVICES - 0.9% | |||
Diversified Telecommunication Services - 0.3% | |||
Alaska Communication Systems Group, Inc. (b) | 193,163 | 380,531 | |
Atlantic Tele-Network, Inc. | 48,210 | 3,530,418 | |
Bandwidth, Inc. (b) | 21,076 | 960,223 | |
Cincinnati Bell, Inc. (a)(b) | 249,327 | 3,241,251 | |
Cogent Communications Group, Inc. | 191,000 | 10,447,700 | |
Consolidated Communications Holdings, Inc. (a) | 281,112 | 3,319,933 | |
Frontier Communications Corp. (a) | 338,667 | 1,761,068 | |
Globalstar, Inc. (a)(b) | 1,855,563 | 946,152 | |
IDT Corp. Class B | 87,883 | 464,901 | |
Iridium Communications, Inc. (a)(b) | 370,667 | 7,506,007 | |
Ooma, Inc. (a)(b) | 84,984 | 1,359,744 | |
ORBCOMM, Inc. (a)(b) | 350,299 | 3,779,726 | |
Pareteum Corp. (a)(b) | 235,335 | 649,525 | |
PDVWireless, Inc. (a)(b) | 45,082 | 1,354,714 | |
Vonage Holdings Corp. (b) | 968,785 | 13,737,371 | |
WideOpenWest, Inc. (a)(b) | 109,124 | 1,271,295 | |
Windstream Holdings, Inc. (a)(b) | 177,891 | 837,867 | |
Zayo Group Holdings, Inc. (b) | 831,613 | 28,823,707 | |
84,372,133 | |||
Wireless Telecommunication Services - 0.6% | |||
Airgain, Inc. (a)(b) | 23,662 | 281,578 | |
Boingo Wireless, Inc. (b) | 185,532 | 6,137,399 | |
NII Holdings, Inc. (a)(b) | 448,686 | 2,575,458 | |
Shenandoah Telecommunications Co. | 213,485 | 8,144,453 | |
Spok Holdings, Inc. | 116,484 | 1,788,029 | |
Sprint Corp. (a)(b) | 3,031,680 | 18,523,565 | |
T-Mobile U.S., Inc. (b) | 1,310,242 | 86,528,382 | |
Telephone & Data Systems, Inc. | 415,942 | 12,494,898 | |
U.S. Cellular Corp. (b) | 72,809 | 3,113,313 | |
139,587,075 | |||
TOTAL TELECOMMUNICATION SERVICES | 223,959,208 | ||
UTILITIES - 2.5% | |||
Electric Utilities - 0.8% | |||
Allete, Inc. | 232,015 | 17,419,686 | |
El Paso Electric Co. | 185,600 | 11,377,280 | |
Genie Energy Ltd. Class B | 64,409 | 348,453 | |
Hawaiian Electric Industries, Inc. | 486,223 | 17,149,085 | |
IDACORP, Inc. | 225,642 | 22,079,070 | |
MGE Energy, Inc. | 163,374 | 10,692,828 | |
OGE Energy Corp. | 874,119 | 32,193,803 | |
Otter Tail Corp. | 182,270 | 8,730,733 | |
PNM Resources, Inc. | 364,146 | 14,183,487 | |
Portland General Electric Co. (a) | 398,302 | 18,481,213 | |
Spark Energy, Inc. Class A, (a) | 72,291 | 636,161 | |
Vistra Energy Corp. (a)(b) | 1,649,766 | 38,835,492 | |
192,127,291 | |||
Gas Utilities - 0.9% | |||
Atmos Energy Corp. | 489,909 | 45,184,307 | |
Chesapeake Utilities Corp. | 75,906 | 6,527,916 | |
National Fuel Gas Co. (a) | 382,293 | 21,228,730 | |
New Jersey Resources Corp. | 387,559 | 17,672,690 | |
Northwest Natural Gas Co. | 133,892 | 8,689,591 | |
ONE Gas, Inc. (a) | 235,681 | 18,508,029 | |
RGC Resources, Inc. | 49,903 | 1,343,888 | |
South Jersey Industries, Inc. (a) | 390,004 | 12,940,333 | |
Southwest Gas Holdings, Inc. | 217,009 | 16,779,136 | |
Spire, Inc. | 224,778 | 16,757,200 | |
UGI Corp. | 763,437 | 41,263,770 | |
206,895,590 | |||
Independent Power and Renewable Electricity Producers - 0.1% | |||
NRG Yield, Inc.: | |||
Class A | 157,222 | 3,095,701 | |
Class C | 315,291 | 6,258,526 | |
Ormat Technologies, Inc. | 164,658 | 8,669,244 | |
Pattern Energy Group, Inc. (a) | 392,135 | 7,991,711 | |
Terraform Power, Inc. | 261,899 | 2,928,031 | |
28,943,213 | |||
Multi-Utilities - 0.4% | |||
Avangrid, Inc. | 251,188 | 12,393,616 | |
Avista Corp. | 290,526 | 14,906,889 | |
Black Hills Corp. (a) | 238,151 | 14,015,186 | |
MDU Resources Group, Inc. | 870,570 | 24,280,197 | |
NorthWestern Energy Corp. | 218,961 | 13,128,902 | |
Unitil Corp. | 67,222 | 3,398,072 | |
Vectren Corp. | 366,890 | 26,122,568 | |
108,245,430 | |||
Water Utilities - 0.3% | |||
American States Water Co. | 166,324 | 10,050,959 | |
Aqua America, Inc. | 801,730 | 29,808,321 | |
AquaVenture Holdings Ltd. (a)(b) | 59,399 | 1,079,874 | |
Artesian Resources Corp. Class A | 37,388 | 1,343,351 | |
Cadiz, Inc. (a)(b) | 98,444 | 945,062 | |
California Water Service Group | 224,474 | 9,237,105 | |
Connecticut Water Service, Inc. | 58,641 | 4,017,495 | |
Middlesex Water Co. | 73,108 | 3,348,346 | |
Pure Cycle Corp. (b) | 68,372 | 769,185 | |
Select Energy Services, Inc. Class A (b) | 262,669 | 3,585,432 | |
SJW Corp. | 75,793 | 4,389,173 | |
York Water Co. | 56,219 | 1,692,192 | |
70,266,495 | |||
TOTAL UTILITIES | 606,478,019 | ||
TOTAL COMMON STOCKS | |||
(Cost $15,861,077,429) | 23,719,306,132 | ||
Principal Amount | Value | ||
U.S. Treasury Obligations - 0.0% | |||
U.S. Treasury Bills, yield at date of purchase 2.07% 1/3/19 (e) | |||
(Cost $4,964,660) | 5,000,000 | 4,964,330 | |
Shares | Value | ||
Money Market Funds - 16.5% | |||
Fidelity Cash Central Fund, 1.97% (f) | 107,959,445 | $107,981,037 | |
Fidelity Securities Lending Cash Central Fund 1.98% (f)(g) | 3,803,419,382 | 3,803,799,724 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $3,911,786,459) | 3,911,780,761 | ||
TOTAL INVESTMENT IN SECURITIES - 116.4% | |||
(Cost $19,777,828,548) | 27,636,051,223 | ||
NET OTHER ASSETS (LIABILITIES) - (16.4)% | (3,892,793,524) | ||
NET ASSETS - 100% | $23,743,257,699 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
CME E-mini Russell 2000 Index Contracts (United States) | 231 | Sept. 2018 | $20,103,930 | $926,979 | $926,979 |
CME E-mini S&P MidCap 400 Index Contracts (United States) | 65 | Sept. 2018 | 13,296,400 | 533,751 | 533,751 |
TOTAL FUTURES CONTRACTS | $1,460,730 |
The notional amount of futures purchased as a percentage of Net Assets is 0.1%
Legend
(a) Security or a portion of the security is on loan at period end.
(b) Non-income producing
(c) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $0 or 0.0% of net assets.
(d) Level 3 security
(e) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $4,834,265.
(f) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
(g) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $648,100 |
Fidelity Securities Lending Cash Central Fund | 17,104,970 |
Total | $17,753,070 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations if applicable.
Investment Valuation
The following is a summary of the inputs used, as of August 31, 2018, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
Investments in Securities: | ||||
Equities: | ||||
Consumer Discretionary | $3,349,752,384 | $3,349,752,384 | $-- | $-- |
Consumer Staples | 666,601,674 | 666,601,674 | -- | -- |
Energy | 1,019,687,266 | 1,019,687,266 | -- | -- |
Financials | 3,862,381,265 | 3,862,381,265 | -- | -- |
Health Care | 3,020,157,435 | 3,017,919,341 | -- | 2,238,094 |
Industrials | 3,197,595,385 | 3,197,595,385 | -- | -- |
Information Technology | 4,691,988,751 | 4,691,988,751 | -- | -- |
Materials | 1,183,765,663 | 1,183,509,125 | -- | 256,538 |
Real Estate | 1,896,939,082 | 1,896,939,082 | -- | -- |
Telecommunication Services | 223,959,208 | 223,959,208 | -- | -- |
Utilities | 606,478,019 | 606,478,019 | -- | -- |
U.S. Government and Government Agency Obligations | 4,964,330 | -- | 4,964,330 | -- |
Money Market Funds | 3,911,780,761 | 3,911,780,761 | -- | -- |
Total Investments in Securities: | $27,636,051,223 | $27,628,592,261 | $4,964,330 | $2,494,632 |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | $1,460,730 | $1,460,730 | $-- | $-- |
Total Assets | $1,460,730 | $1,460,730 | $-- | $-- |
Total Derivative Instruments: | $1,460,730 | $1,460,730 | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of August 31, 2018. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
Equity Risk | ||
Futures Contracts(a) | $1,460,730 | $0 |
Total Equity Risk | 1,460,730 | 0 |
Total Value of Derivatives | $1,460,730 | $0 |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in net unrealized appreciation (depreciation).
See accompanying notes which are an integral part of the financial statements.
Fidelity® Extended Market Index Fund
Financial Statements
Statement of Assets and Liabilities
August 31, 2018 (Unaudited) | ||
Assets | ||
Investment in securities, at value (including securities loaned of $3,718,613,875) — See accompanying schedule: Unaffiliated issuers (cost $15,866,042,089) | $23,724,270,462 | |
Fidelity Central Funds (cost $3,911,786,459) | 3,911,780,761 | |
Total Investment in Securities (cost $19,777,828,548) | $27,636,051,223 | |
Receivable for fund shares sold | 27,135,728 | |
Dividends receivable | 16,220,131 | |
Distributions receivable from Fidelity Central Funds | 2,491,973 | |
Receivable for daily variation margin on futures contracts | 369,589 | |
Other receivables | 521,688 | |
Total assets | 27,682,790,332 | |
Liabilities | ||
Payable to custodian bank | $1,002,169 | |
Payable for investments purchased | 25,258,948 | |
Payable for fund shares redeemed | 107,781,491 | |
Accrued management fee | 874,191 | |
Other payables and accrued expenses | 487,606 | |
Collateral on securities loaned | 3,804,128,228 | |
Total liabilities | 3,939,532,633 | |
Net Assets | $23,743,257,699 | |
Net Assets consist of: | ||
Paid in capital | $14,755,154,514 | |
Undistributed net investment income | 176,619,382 | |
Accumulated undistributed net realized gain (loss) on investments | 951,800,398 | |
Net unrealized appreciation (depreciation) on investments | 7,859,683,405 | |
Net Assets | $23,743,257,699 | |
Investor Class: | ||
Net Asset Value, offering price and redemption price per share ($678,899,018 ÷ 9,716,114 shares) | $69.87 | |
Premium Class: | ||
Net Asset Value, offering price and redemption price per share ($20,176,007,521 ÷ 288,727,041 shares) | $69.88 | |
Institutional Premium Class: | ||
Net Asset Value, offering price and redemption price per share ($2,888,351,160 ÷ 41,343,882 shares) | $69.86 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
Six months ended August 31, 2018 (Unaudited) | ||
Investment Income | ||
Dividends | $166,578,276 | |
Interest | 36,888 | |
Income from Fidelity Central Funds (including $17,104,970 from security lending) | 17,753,070 | |
Total income | 184,368,234 | |
Expenses | ||
Management fee | $5,064,112 | |
Transfer agent fees | 2,085,138 | |
Independent trustees' fees and expenses | 55,951 | |
Commitment fees | 30,258 | |
Total expenses before reductions | 7,235,459 | |
Expense reductions | (9,943) | |
Total expenses after reductions | 7,225,516 | |
Net investment income (loss) | 177,142,718 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | 1,005,864,804 | |
Fidelity Central Funds | (45,448) | |
Futures contracts | 7,002,750 | |
Total net realized gain (loss) | 1,012,822,106 | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | 1,638,883,596 | |
Fidelity Central Funds | (5,698) | |
Futures contracts | 2,859,263 | |
Total change in net unrealized appreciation (depreciation) | 1,641,737,161 | |
Net gain (loss) | 2,654,559,267 | |
Net increase (decrease) in net assets resulting from operations | $2,831,701,985 |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
Six months ended August 31, 2018 (Unaudited) | Year ended February 28, 2018 | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net investment income (loss) | $177,142,718 | $273,456,537 |
Net realized gain (loss) | 1,012,822,106 | 745,065,670 |
Change in net unrealized appreciation (depreciation) | 1,641,737,161 | 1,344,378,810 |
Net increase (decrease) in net assets resulting from operations | 2,831,701,985 | 2,362,901,017 |
Distributions to shareholders from net investment income | (19,801,270) | (264,767,116) |
Distributions to shareholders from net realized gain | – | (891,671,964) |
Total distributions | (19,801,270) | (1,156,439,080) |
Share transactions - net increase (decrease) | (327,974,128) | 795,717,146 |
Total increase (decrease) in net assets | 2,483,926,587 | 2,002,179,083 |
Net Assets | ||
Beginning of period | 21,259,331,112 | 19,257,152,029 |
End of period | $23,743,257,699 | $21,259,331,112 |
Other Information | ||
Undistributed net investment income end of period | $176,619,382 | $19,277,934 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity Extended Market Index Fund Investor Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $61.69 | $58.10 | $46.00 | $57.40 | $55.29 | $43.12 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .51 | .79 | .77 | .75 | .74 | .67 |
Net realized and unrealized gain (loss) | 7.72 | 6.25 | 14.00 | (8.99) | 3.62 | 13.09 |
Total from investment operations | 8.23 | 7.04 | 14.77 | (8.24) | 4.36 | 13.76 |
Distributions from net investment income | (.05) | (.77) | (.74) | (.71) | (.70) | (.54) |
Distributions from net realized gain | – | (2.67) | (1.93) | (2.45) | (1.55) | (1.06) |
Total distributions | (.05) | (3.45)C | (2.67) | (3.16) | (2.25) | (1.60) |
Redemption fees added to paid in capitalB | – | – | –D | –D | –D | .01 |
Net asset value, end of period | $69.87 | $61.69 | $58.10 | $46.00 | $57.40 | $55.29 |
Total ReturnE,F | 13.35% | 12.29% | 32.50% | (14.86)% | 8.23% | 32.38% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .09%I | .10% | .10% | .10% | .10% | .10% |
Expenses net of fee waivers, if any | .09%I | .10% | .10% | .10% | .10% | .10% |
Expenses net of all reductions | .09%I | .10% | .10% | .10% | .10% | .10% |
Net investment income (loss) | 1.55%I | 1.32% | 1.47% | 1.39% | 1.36% | 1.35% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $678,899 | $688,756 | $815,223 | $1,392,793 | $1,992,558 | $1,803,152 |
Portfolio turnover rateJ | 11%I,K | 11% | 12% | 12%K | 7% | 14% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $3.45 per share is comprised of distributions from net investment income of $.774 and distributions from net realized gain of $2.674 per share.
D Amount represents less than $.005 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
K Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity Extended Market Index Fund Premium Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $61.70 | $58.11 | $46.00 | $57.40 | $55.30 | $43.12 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .51 | .81 | .80 | .77 | .76 | .68 |
Net realized and unrealized gain (loss) | 7.73 | 6.25 | 13.99 | (8.99) | 3.61 | 13.11 |
Total from investment operations | 8.24 | 7.06 | 14.79 | (8.22) | 4.37 | 13.79 |
Distributions from net investment income | (.06) | (.79) | (.75) | (.73) | (.72) | (.56) |
Distributions from net realized gain | – | (2.67) | (1.93) | (2.45) | (1.55) | (1.06) |
Total distributions | (.06) | (3.47)C | (2.68) | (3.18) | (2.27) | (1.62) |
Redemption fees added to paid in capitalB | – | – | –D | –D | –D | .01 |
Net asset value, end of period | $69.88 | $61.70 | $58.11 | $46.00 | $57.40 | $55.30 |
Total ReturnE,F | 13.36% | 12.32% | 32.56% | (14.83)% | 8.24% | 32.44% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .07%I | .07% | .07% | .07% | .07% | .07% |
Expenses net of fee waivers, if any | .07%I | .07% | .07% | .07% | .07% | .07% |
Expenses net of all reductions | .07%I | .07% | .07% | .07% | .07% | .07% |
Net investment income (loss) | 1.57%I | 1.35% | 1.49% | 1.42% | 1.39% | 1.38% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $20,176,008 | $17,585,375 | $16,222,551 | $11,837,818 | $13,356,931 | $12,280,754 |
Portfolio turnover rateJ | 11%I,K | 11% | 12% | 12%K | 7% | 14% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $3.47 per share is comprised of distributions from net investment income of $.793 and distributions from net realized gain of $2.674 per share.
D Amount represents less than $.005 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
K Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity Extended Market Index Fund Institutional Premium Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $61.68 | $58.09 | $45.99 | $57.39 | $55.28 | $43.11 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .52 | .83 | .81 | .76 | .76 | .72 |
Net realized and unrealized gain (loss) | 7.72 | 6.24 | 13.98 | (8.98) | 3.63 | 13.06 |
Total from investment operations | 8.24 | 7.07 | 14.79 | (8.22) | 4.39 | 13.78 |
Distributions from net investment income | (.06) | (.81) | (.76) | (.73) | (.72) | (.56) |
Distributions from net realized gain | – | (2.67) | (1.93) | (2.45) | (1.55) | (1.06) |
Total distributions | (.06) | (3.48) | (2.69) | (3.18) | (2.28)C | (1.62) |
Redemption fees added to paid in capitalB | – | – | –D | –D | –D | .01 |
Net asset value, end of period | $69.86 | $61.68 | $58.09 | $45.99 | $57.39 | $55.28 |
Total ReturnE,F | 13.37% | 12.35% | 32.58% | (14.83)% | 8.27% | 32.44% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .05%I | .05% | .05% | .07% | .07% | .07% |
Expenses net of fee waivers, if any | .05%I | .05% | .05% | .06% | .06% | .06% |
Expenses net of all reductions | .05%I | .05% | .05% | .06% | .06% | .06% |
Net investment income (loss) | 1.59%I | 1.37% | 1.52% | 1.43% | 1.40% | 1.39% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $2,888,351 | $2,985,201 | $2,219,377 | $1,109,249 | $754,325 | $95,747 |
Portfolio turnover rateJ | 11%I,K | 11% | 12% | 12%K | 7% | 14% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $2.28. per share is comprised of distributions from net investment income of $.722 and distributions from net realized gain of $1.553 per share.
D Amount represents less than $.005 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
K Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity® International Index Fund
Investment Summary (Unaudited)
Top Ten Stocks as of August 31, 2018
% of fund's net assets | |
Nestle SA (Reg. S) (Switzerland, Food Products) | 1.8 |
Novartis AG (Switzerland, Pharmaceuticals) | 1.2 |
HSBC Holdings PLC (United Kingdom) (United Kingdom, Banks) | 1.2 |
Roche Holding AG (participation certificate) (Switzerland, Pharmaceuticals) | 1.2 |
Total SA (France, Oil, Gas & Consumable Fuels) | 1.0 |
Royal Dutch Shell PLC Class A (United Kingdom) (United Kingdom, Oil, Gas & Consumable Fuels) | 1.0 |
Toyota Motor Corp. (Japan, Automobiles) | 1.0 |
BP PLC (United Kingdom, Oil, Gas & Consumable Fuels) | 1.0 |
Royal Dutch Shell PLC Class B (United Kingdom) (United Kingdom, Oil, Gas & Consumable Fuels) | 0.9 |
SAP SE (Germany, Software) | 0.8 |
11.1 |
Top Market Sectors as of August 31, 2018
% of fund's net assets | |
Financials | 19.1 |
Industrials | 13.5 |
Consumer Discretionary | 12.0 |
Consumer Staples | 11.3 |
Health Care | 11.2 |
Materials | 7.8 |
Information Technology | 7.0 |
Energy | 6.1 |
Telecommunication Services | 3.7 |
Real Estate | 3.6 |
Geographic Diversification (% of fund's net assets)
As of August 31, 2018 | ||
Japan | 23.8% | |
United Kingdom | 15.7% | |
France | 10.2% | |
Germany | 9.4% | |
Switzerland | 8.2% | |
Australia | 6.7% | |
Netherlands | 4.5% | |
Spain | 2.9% | |
Sweden | 2.6% | |
Other* | 16.0% |
* Includes Short-Term investments and Net Other Assets (Liabilities).
Percentages are based on country or territory of incorporation and include the effect of foreign currency contracts, futures contracts, options and swaps, as applicable. Foreign currency contracts and other assets and liabilities are included within the United States of America, as applicable.
Fidelity® International Index Fund
Schedule of Investments August 31, 2018 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 97.9% | |||
Shares | Value | ||
Australia - 6.7% | |||
AGL Energy Ltd. | 1,018,115 | $15,209,357 | |
Alumina Ltd. | 3,800,444 | 7,868,561 | |
Amcor Ltd. | 1,796,238 | 18,465,812 | |
AMP Ltd. | 4,551,496 | 10,928,715 | |
APA Group unit | 1,835,900 | 13,198,285 | |
Aristocrat Leisure Ltd. | 890,934 | 20,233,157 | |
ASX Ltd. | 300,769 | 14,625,312 | |
Aurizon Holdings Ltd. | 3,095,069 | 9,345,189 | |
Australia & New Zealand Banking Group Ltd. | 4,521,667 | 95,893,479 | |
Bank of Queensland Ltd. | 616,785 | 5,094,743 | |
Bendigo & Adelaide Bank Ltd. | 755,910 | 6,298,281 | |
BHP Billiton Ltd. | 4,992,196 | 119,924,437 | |
BlueScope Steel Ltd. | 861,181 | 10,716,673 | |
Boral Ltd. | 1,830,136 | 9,209,793 | |
Brambles Ltd. | 2,469,098 | 19,472,129 | |
Caltex Australia Ltd. | 406,245 | 8,822,816 | |
Challenger Ltd. | 849,993 | 6,617,779 | |
Cimic Group Ltd. | 150,508 | 5,332,106 | |
Coca-Cola Amatil Ltd. | 792,074 | 5,346,873 | |
Cochlear Ltd. | 89,468 | 13,880,585 | |
Commonwealth Bank of Australia | 2,735,082 | 140,075,682 | |
Computershare Ltd. | 719,014 | 9,934,802 | |
Crown Ltd. | 591,377 | 6,037,001 | |
CSL Ltd. | 703,122 | 114,899,387 | |
DEXUS Property Group unit | 1,574,437 | 12,133,569 | |
Dominos Pizza Enterprises Ltd. | 96,331 | 3,746,552 | |
Flight Centre Travel Group Ltd. (a) | 86,432 | 3,629,983 | |
Fortescue Metals Group Ltd. | 2,404,772 | 6,638,556 | |
Goodman Group unit | 2,517,547 | 19,365,551 | |
Harvey Norman Holdings Ltd. (a) | 877,187 | 2,270,195 | |
Healthscope Ltd. | 2,705,933 | 4,260,197 | |
Incitec Pivot Ltd. | 2,590,532 | 7,300,347 | |
Insurance Australia Group Ltd. | 3,686,785 | 20,461,318 | |
Lendlease Group unit | 906,979 | 13,360,037 | |
Macquarie Group Ltd. | 502,510 | 46,746,324 | |
Medibank Private Ltd. | 4,291,983 | 9,379,940 | |
Mirvac Group unit | 5,728,036 | 10,006,461 | |
National Australia Bank Ltd. | 4,231,743 | 86,538,467 | |
Newcrest Mining Ltd. | 1,190,194 | 16,590,675 | |
Orica Ltd. | 584,928 | 7,396,678 | |
Origin Energy Ltd. (b) | 2,725,281 | 15,575,676 | |
QBE Insurance Group Ltd. | 2,110,795 | 16,707,130 | |
Ramsay Health Care Ltd. | 220,651 | 8,835,468 | |
realestate.com.au Ltd. | 81,828 | 5,360,827 | |
Rio Tinto Ltd. | 641,240 | 33,532,226 | |
Santos Ltd. (b) | 2,751,755 | 13,412,445 | |
Scentre Group unit | 8,279,689 | 24,463,823 | |
SEEK Ltd. | 514,636 | 8,287,369 | |
Sonic Healthcare Ltd. | 625,796 | 11,782,481 | |
South32 Ltd. | 8,029,027 | 20,086,795 | |
SP AusNet | 2,825,766 | 3,341,724 | |
Stockland Corp. Ltd. unit | 3,767,179 | 11,184,969 | |
Suncorp Group Ltd. | 2,017,185 | 22,462,890 | |
Sydney Airport unit | 1,722,626 | 8,928,834 | |
Tabcorp Holdings Ltd. | 2,976,151 | 10,269,864 | |
Telstra Corp. Ltd. | 6,468,497 | 14,415,628 | |
The GPT Group unit | 2,797,418 | 10,397,200 | |
TPG Telecom Ltd. | 585,083 | 3,634,124 | |
Transurban Group unit | 3,443,635 | 29,856,088 | |
Treasury Wine Estates Ltd. | 1,116,551 | 15,628,345 | |
Vicinity Centers unit | 5,079,917 | 10,115,908 | |
Wesfarmers Ltd. | 1,761,886 | 65,167,591 | |
Westpac Banking Corp. | 5,320,411 | 109,270,215 | |
Woodside Petroleum Ltd. | 1,454,836 | 38,561,655 | |
Woolworths Group Ltd. | 2,040,276 | 41,509,150 | |
TOTAL AUSTRALIA | 1,510,044,229 | ||
Austria - 0.2% | |||
Andritz AG | 112,920 | 6,684,666 | |
Erste Group Bank AG | 466,645 | 18,562,626 | |
OMV AG | 228,867 | 12,121,946 | |
Raiffeisen International Bank-Holding AG | 230,092 | 6,543,443 | |
Voestalpine AG | 179,181 | 8,036,515 | |
TOTAL AUSTRIA | 51,949,196 | ||
Bailiwick of Jersey - 1.2% | |||
Experian PLC | 1,426,924 | 35,518,764 | |
Ferguson PLC | 364,883 | 29,239,379 | |
Glencore Xstrata PLC | 17,936,617 | 72,912,689 | |
Randgold Resources Ltd. | 147,084 | 9,598,860 | |
Shire PLC | 1,420,435 | 83,082,615 | |
WPP PLC | 1,965,433 | 32,596,042 | |
TOTAL BAILIWICK OF JERSEY | 262,948,349 | ||
Belgium - 1.0% | |||
Ageas | 290,427 | 15,028,504 | |
Anheuser-Busch InBev SA NV | 1,184,174 | 110,415,922 | |
Colruyt NV | 92,962 | 5,524,769 | |
Groupe Bruxelles Lambert SA | 125,144 | 13,131,585 | |
KBC Groep NV | 390,399 | 27,733,125 | |
Proximus | 234,652 | 5,405,228 | |
Solvay SA Class A | 115,035 | 15,308,856 | |
Telenet Group Holding NV | 82,098 | 4,488,406 | |
UCB SA | 196,267 | 17,942,861 | |
Umicore SA | 326,571 | 18,210,393 | |
TOTAL BELGIUM | 233,189,649 | ||
Bermuda - 0.3% | |||
Cheung Kong Infrastructure Holdings Ltd. | 1,024,450 | 7,492,076 | |
Dairy Farm International Holdings Ltd. | 520,734 | 4,827,204 | |
Hongkong Land Holdings Ltd. | 1,826,200 | 12,637,304 | |
Jardine Matheson Holdings Ltd. | 342,900 | 21,643,848 | |
Jardine Strategic Holdings Ltd. | 344,900 | 12,519,870 | |
Kerry Properties Ltd. | 1,001,181 | 3,794,889 | |
Li & Fung Ltd. | 9,085,246 | 2,581,315 | |
NWS Holdings Ltd. | 2,425,104 | 4,319,535 | |
Shangri-La Asia Ltd. | 1,983,380 | 3,057,671 | |
Yue Yuen Industrial (Holdings) Ltd. | 1,136,500 | 3,149,403 | |
TOTAL BERMUDA | 76,023,115 | ||
Cayman Islands - 0.7% | |||
ASM Pacific Technology Ltd. | 468,829 | 4,945,888 | |
Cheung Kong Property Holdings Ltd. | 4,022,925 | 28,677,516 | |
CK Hutchison Holdings Ltd. | 4,196,425 | 48,360,139 | |
Melco Crown Entertainment Ltd. sponsored ADR | 384,406 | 9,179,615 | |
MGM China Holdings Ltd. | 1,472,400 | 2,776,432 | |
Minth Group Ltd. | 1,152,000 | 4,718,815 | |
Sands China Ltd. | 3,777,200 | 18,431,822 | |
WH Group Ltd. (c) | 13,630,000 | 10,280,567 | |
Wharf Real Estate Investment Co. Ltd. | 1,872,585 | 12,418,289 | |
Wynn Macau Ltd. | 2,411,600 | 6,713,612 | |
TOTAL CAYMAN ISLANDS | 146,502,695 | ||
Denmark - 1.7% | |||
A.P. Moller - Maersk A/S: | |||
Series A | 5,826 | 8,386,748 | |
Series B | 10,187 | 15,787,727 | |
Carlsberg A/S Series B | 165,856 | 20,247,128 | |
Christian Hansen Holding A/S | 153,762 | 15,610,355 | |
Coloplast A/S Series B | 184,194 | 19,715,200 | |
Danske Bank A/S | 1,113,982 | 32,774,890 | |
DONG Energy A/S (c) | 293,255 | 18,539,057 | |
DSV de Sammensluttede Vognmaend A/S | 294,294 | 27,577,174 | |
Genmab A/S (b) | 95,477 | 16,516,917 | |
H Lundbeck A/S | 107,855 | 6,328,013 | |
ISS Holdings A/S | 260,339 | 9,088,475 | |
Novo Nordisk A/S Series B | 2,823,887 | 139,009,171 | |
Novozymes A/S Series B | 340,577 | 18,666,984 | |
Pandora A/S | 173,834 | 10,385,866 | |
Tryg A/S | 187,575 | 4,608,909 | |
Vestas Wind Systems A/S | 303,678 | 21,160,335 | |
William Demant Holding A/S (b) | 160,902 | 6,544,113 | |
TOTAL DENMARK | 390,947,062 | ||
Finland - 1.1% | |||
Elisa Corp. (A Shares) | 221,679 | 9,482,017 | |
Fortum Corp. | 688,715 | 17,427,485 | |
Kone Oyj (B Shares) | 526,675 | 28,433,331 | |
Metso Corp. | 164,586 | 5,779,057 | |
Neste Oyj | 199,006 | 17,278,517 | |
Nokia Corp. | 8,751,233 | 48,843,435 | |
Nokian Tyres PLC | 180,841 | 7,462,343 | |
Orion Oyj (B Shares) | 162,584 | 5,976,743 | |
Sampo Oyj (A Shares) | 688,963 | 35,243,387 | |
Stora Enso Oyj (R Shares) | 854,879 | 15,911,543 | |
UPM-Kymmene Corp. | 829,933 | 31,983,045 | |
Wartsila Corp. | 689,568 | 14,559,568 | |
TOTAL FINLAND | 238,380,471 | ||
France - 10.0% | |||
Accor SA | 292,060 | 14,611,273 | |
Aeroports de Paris | 46,207 | 10,153,063 | |
Air Liquide SA | 345,711 | 43,539,319 | |
Alstom SA | 241,665 | 10,659,481 | |
Amundi SA (c) | 93,933 | 6,770,933 | |
Arkema SA | 107,007 | 13,402,084 | |
Atos Origin SA | 147,980 | 17,726,435 | |
AXA SA | 3,016,163 | 76,009,699 | |
BIC SA | 39,700 | 3,675,022 | |
bioMerieux SA | 64,931 | 5,705,407 | |
BNP Paribas SA | 1,746,779 | 102,554,679 | |
Bollore SA | 1,361,283 | 6,516,371 | |
Bouygues SA | 339,464 | 14,985,069 | |
Bureau Veritas SA | 412,086 | 10,590,200 | |
Capgemini SA | 249,143 | 32,028,096 | |
Carrefour SA | 925,089 | 16,504,261 | |
Casino Guichard Perrachon SA (a) | 86,581 | 2,744,625 | |
CNP Assurances | 268,565 | 6,194,211 | |
Compagnie de St. Gobain | 773,733 | 33,362,479 | |
Credit Agricole SA | 1,772,989 | 24,258,997 | |
Danone SA | 956,997 | 75,363,419 | |
Dassault Aviation SA | 3,902 | 7,260,382 | |
Dassault Systemes SA | 202,434 | 32,802,547 | |
Edenred SA | 366,110 | 13,951,509 | |
EDF SA (b) | 200,740 | 3,287,756 | |
EDF SA | 716,383 | 11,733,052 | |
Eiffage SA | 124,192 | 13,977,353 | |
ENGIE | 2,837,257 | 41,594,961 | |
Essilor International SA | 323,463 | 46,669,638 | |
Eurazeo SA | 72,628 | 5,513,413 | |
Eutelsat Communications | 272,542 | 6,453,604 | |
Faurecia SA | 118,728 | 7,273,798 | |
Fonciere des Regions | 58,341 | 6,098,124 | |
Gecina SA | 71,260 | 12,233,555 | |
Groupe Eurotunnel SA | 728,586 | 9,175,912 | |
Hermes International SCA | 49,235 | 32,015,165 | |
ICADE | 51,343 | 5,009,076 | |
Iliad SA | 41,147 | 5,315,842 | |
Imerys SA | 55,256 | 3,970,167 | |
Ingenico SA | 92,704 | 6,514,477 | |
Ipsen SA | 58,714 | 10,437,521 | |
JCDecaux SA | 116,837 | 3,848,854 | |
Kering SA | 117,763 | 63,972,513 | |
Klepierre SA | 318,510 | 11,424,054 | |
L'Oreal SA (b) | 201,944 | 48,451,823 | |
L'Oreal SA | 190,920 | 45,806,868 | |
Legrand SA | 414,394 | 31,217,409 | |
LVMH Moet Hennessy - Louis Vuitton SA | 432,335 | 151,555,637 | |
Michelin CGDE Series B | 264,976 | 31,362,211 | |
Natixis SA | 1,463,302 | 9,766,535 | |
Orange SA | 3,099,698 | 50,182,945 | |
Pernod Ricard SA | 329,900 | 52,078,674 | |
Peugeot Citroen SA | 914,421 | 25,155,516 | |
Publicis Groupe SA | 322,760 | 20,717,795 | |
Remy Cointreau SA | 35,192 | 4,930,488 | |
Remy Cointreau SA rights (b) | 35,785 | 68,537 | |
Renault SA | 298,759 | 25,731,411 | |
Rexel SA | 470,786 | 7,404,599 | |
Safran SA | 518,482 | 67,585,283 | |
Sanofi SA | 1,747,401 | 150,055,215 | |
Schneider Electric SA | 848,686 | 68,968,402 | |
SCOR SE | 253,119 | 10,232,391 | |
SEB SA | 35,195 | 6,560,927 | |
Societe Generale Series A | 1,192,759 | 48,840,282 | |
Sodexo SA | 55,922 | 5,823,856 | |
Sodexo SA (b) | 84,696 | 8,820,452 | |
SR Teleperformance SA | 89,633 | 17,218,869 | |
Suez Environnement SA | 578,829 | 8,368,213 | |
Thales SA | 165,439 | 23,303,243 | |
Total SA | 3,719,055 | 233,213,942 | |
Ubisoft Entertainment SA (b) | 121,581 | 13,076,656 | |
Unibail-Rodamco SE & WFD Unibail-Rodamco NV unit | 214,822 | 45,133,189 | |
Valeo SA | 373,548 | 16,957,933 | |
Veolia Environnement SA | 834,174 | 17,583,737 | |
VINCI SA | 787,697 | 75,268,076 | |
Vivendi SA | 1,615,835 | 41,919,224 | |
Wendel SA | 43,222 | 6,401,684 | |
TOTAL FRANCE | 2,257,650,418 | ||
Germany - 8.9% | |||
adidas AG | 292,657 | 73,001,877 | |
Allianz SE | 684,160 | 145,823,122 | |
Axel Springer Verlag AG | 75,028 | 5,451,756 | |
BASF AG | 1,427,574 | 131,915,747 | |
Bayer AG | 1,449,321 | 135,257,001 | |
Bayerische Motoren Werke AG (BMW) | 514,753 | 49,837,437 | |
Beiersdorf AG | 156,604 | 18,232,343 | |
Brenntag AG | 240,090 | 14,474,871 | |
Commerzbank AG (b) | 1,555,266 | 14,703,965 | |
Continental AG | 170,946 | 31,361,161 | |
Covestro AG (c) | 299,022 | 25,469,449 | |
Daimler AG (Germany) | 1,413,204 | 91,368,974 | |
Delivery Hero AG (b)(c) | 142,467 | 7,848,392 | |
Deutsche Bank AG | 3,051,156 | 34,360,888 | |
Deutsche Borse AG | 299,962 | 41,394,442 | |
Deutsche Lufthansa AG | 367,465 | 9,592,772 | |
Deutsche Post AG | 1,534,245 | 55,796,335 | |
Deutsche Telekom AG | 5,178,890 | 83,518,109 | |
Deutsche Wohnen AG (Bearer) | 559,640 | 28,283,677 | |
Drillisch AG | 83,292 | 4,215,300 | |
E.ON AG | 3,419,662 | 36,507,011 | |
Evonik Industries AG | 254,209 | 9,474,797 | |
Fraport AG Frankfurt Airport Services Worldwide | 64,769 | 5,821,987 | |
Fresenius Medical Care AG & Co. KGaA | 335,075 | 33,913,194 | |
Fresenius SE & Co. KGaA | 646,647 | 49,374,173 | |
GEA Group AG | 269,767 | 10,248,812 | |
Hannover Reuck SE | 93,661 | 12,861,222 | |
HeidelbergCement Finance AG | 231,825 | 18,454,252 | |
Henkel AG & Co. KGaA | 162,049 | 18,085,659 | |
Hochtief AG | 29,971 | 4,863,480 | |
Hugo Boss AG | 99,023 | 7,910,236 | |
Infineon Technologies AG | 1,766,200 | 44,912,893 | |
innogy SE (c) | 211,703 | 9,192,919 | |
K&S AG (a) | 296,298 | 6,739,267 | |
KION Group AG | 110,827 | 7,566,748 | |
Lanxess AG | 135,296 | 10,628,794 | |
Linde AG | 288,674 | 65,742,372 | |
MAN SE | 54,978 | 5,976,342 | |
Merck KGaA | 201,301 | 21,141,569 | |
Metro Wholesale & Food Specialist AG (a) | 282,095 | 4,405,729 | |
MTU Aero Engines Holdings AG | 80,736 | 17,702,634 | |
Muenchener Rueckversicherungs AG | 232,373 | 50,115,269 | |
OSRAM Licht AG | 154,179 | 6,922,299 | |
ProSiebenSat.1 Media AG | 363,212 | 9,548,230 | |
Puma AG | 12,855 | 7,042,920 | |
RWE AG | 807,044 | 20,468,563 | |
SAP SE | 1,527,448 | 183,366,882 | |
Schaeffler AG | 255,064 | 3,463,967 | |
Siemens AG | 1,188,879 | 154,321,155 | |
Siemens Healthineers AG (b)(c) | 233,579 | 10,615,971 | |
Symrise AG | 191,219 | 17,858,697 | |
Telefonica Deutschland Holding AG | 1,155,448 | 4,805,470 | |
Thyssenkrupp AG | 676,260 | 15,628,729 | |
TUI AG | 265,267 | 4,891,129 | |
TUI AG (GB) | 418,882 | 7,722,307 | |
Uniper SE | 313,483 | 9,577,200 | |
United Internet AG | 190,486 | 10,020,552 | |
Volkswagen AG | 50,273 | 8,093,753 | |
Vonovia SE | 757,102 | 38,834,444 | |
Wirecard AG | 182,447 | 40,512,626 | |
Zalando SE (b) | 173,523 | 9,128,210 | |
TOTAL GERMANY | 2,016,370,081 | ||
Hong Kong - 2.5% | |||
AIA Group Ltd. | 18,769,000 | 161,893,461 | |
Bank of East Asia Ltd. | 1,963,829 | 7,268,576 | |
BOC Hong Kong (Holdings) Ltd. | 5,753,066 | 28,073,569 | |
CLP Holdings Ltd. | 2,552,157 | 29,996,685 | |
Galaxy Entertainment Group Ltd. | 3,691,000 | 27,322,453 | |
Hang Lung Group Ltd. | 1,370,000 | 3,840,102 | |
Hang Lung Properties Ltd. | 3,116,423 | 6,154,427 | |
Hang Seng Bank Ltd. | 1,189,001 | 32,236,906 | |
Henderson Land Development Co. Ltd. | 2,051,347 | 10,846,428 | |
Hong Kong & China Gas Co. Ltd. | 14,351,122 | 29,566,921 | |
Hong Kong Exchanges and Clearing Ltd. | 1,830,690 | 52,107,169 | |
Hysan Development Co. Ltd. | 971,677 | 4,982,959 | |
Link (REIT) | 3,357,808 | 33,455,083 | |
MTR Corp. Ltd. | 2,341,827 | 12,069,043 | |
New World Development Co. Ltd. | 9,527,803 | 12,721,946 | |
PCCW Ltd. | 6,626,863 | 3,520,818 | |
Power Assets Holdings Ltd. | 2,152,176 | 15,095,052 | |
Sino Land Ltd. | 5,132,470 | 8,697,162 | |
SJM Holdings Ltd. | 3,042,000 | 3,441,689 | |
Sun Hung Kai Properties Ltd. | 2,477,176 | 36,769,040 | |
Swire Pacific Ltd. (A Shares) | 775,384 | 8,767,680 | |
Swire Properties Ltd. | 1,815,400 | 7,135,543 | |
Techtronic Industries Co. Ltd. | 2,144,500 | 13,114,955 | |
Wharf Holdings Ltd. | 1,901,585 | 5,427,043 | |
Wheelock and Co. Ltd. | 1,274,000 | 7,994,203 | |
TOTAL HONG KONG | 562,498,913 | ||
Ireland - 0.6% | |||
AIB Group PLC | 1,262,538 | 7,098,838 | |
Bank Ireland Group PLC | 1,509,134 | 12,332,160 | |
CRH PLC | 1,305,850 | 43,320,544 | |
DCC PLC (United Kingdom) | 138,728 | 12,508,840 | |
James Hardie Industries PLC CDI | 687,643 | 10,465,317 | |
Kerry Group PLC Class A | 246,622 | 28,125,682 | |
Paddy Power Betfair PLC (Ireland) | 131,584 | 11,989,786 | |
Ryanair Holdings PLC (b) | 239,301 | 3,954,512 | |
Smurfit Kappa Group PLC | 350,282 | 14,303,830 | |
TOTAL IRELAND | 144,099,509 | ||
Isle of Man - 0.1% | |||
Gaming VC Holdings SA | 852,824 | 12,184,193 | |
Genting Singapore Ltd. | 9,366,359 | 7,301,741 | |
TOTAL ISLE OF MAN | 19,485,934 | ||
Israel - 0.6% | |||
Azrieli Group | 64,823 | 3,367,919 | |
Bank Hapoalim BM (Reg.) | 1,661,139 | 12,450,479 | |
Bank Leumi le-Israel BM | 2,249,678 | 15,120,582 | |
Bezeq The Israel Telecommunication Corp. Ltd. | 3,242,153 | 3,876,194 | |
Check Point Software Technologies Ltd. (a)(b) | 199,689 | 23,201,865 | |
Elbit Systems Ltd. (Israel) | 36,777 | 4,745,814 | |
Frutarom Industries Ltd. | 60,292 | 6,154,634 | |
Israel Chemicals Ltd. | 1,086,243 | 6,348,721 | |
Mizrahi Tefahot Bank Ltd. | 218,204 | 3,939,778 | |
NICE Systems Ltd. (b) | 86,819 | 9,999,237 | |
NICE Systems Ltd. sponsored ADR (a)(b) | 8,313 | 960,900 | |
Teva Pharmaceutical Industries Ltd. sponsored ADR (a) | 1,503,332 | 34,441,336 | |
TOTAL ISRAEL | 124,607,459 | ||
Italy - 1.8% | |||
Assicurazioni Generali SpA | 1,824,875 | 30,385,918 | |
Atlantia SpA | 767,858 | 15,998,677 | |
Davide Campari-Milano SpA | 900,976 | 7,974,285 | |
Enel SpA | 12,640,123 | 62,492,011 | |
Eni SpA | 3,954,747 | 73,388,307 | |
Intesa Sanpaolo SpA | 23,127,505 | 57,096,087 | |
Leonardo SpA | 630,035 | 7,057,172 | |
Luxottica Group SpA | 264,062 | 17,507,849 | |
Mediobanca SpA | 965,176 | 8,980,550 | |
Moncler SpA | 278,304 | 12,585,692 | |
Pirelli & C. S.p.A. (c) | 626,386 | 5,044,464 | |
Poste Italiane SpA (c) | 810,493 | 6,239,251 | |
Prysmian SpA | 373,174 | 9,624,853 | |
Recordati SpA | 163,185 | 5,714,711 | |
Snam Rete Gas SpA | 3,531,448 | 14,494,518 | |
Telecom Italia SpA (b) | 17,764,461 | 11,312,776 | |
Terna SpA | 2,195,479 | 11,534,069 | |
UniCredit SpA | 3,119,493 | 45,022,911 | |
TOTAL ITALY | 402,454,101 | ||
Japan - 23.8% | |||
ABC-MART, Inc. | 51,300 | 2,797,930 | |
ACOM Co. Ltd. | 620,500 | 2,535,388 | |
AEON Co. Ltd. | 946,500 | 20,499,975 | |
AEON Financial Service Co. Ltd. | 175,200 | 3,587,256 | |
AEON MALL Co. Ltd. | 159,740 | 2,672,637 | |
Agc, Inc. | 291,035 | 11,656,068 | |
Air Water, Inc. | 231,600 | 4,152,166 | |
Aisin Seiki Co. Ltd. | 250,900 | 11,606,750 | |
Ajinomoto Co., Inc. | 711,266 | 12,073,150 | |
Alfresa Holdings Corp. | 291,700 | 7,316,784 | |
All Nippon Airways Ltd. | 180,500 | 6,252,763 | |
Alps Electric Co. Ltd. | 291,500 | 8,762,578 | |
Amada Holdings Co. Ltd. | 531,600 | 5,683,924 | |
Aozora Bank Ltd. | 182,500 | 6,446,877 | |
Asahi Group Holdings | 563,703 | 25,463,283 | |
Asahi Kasei Corp. | 1,962,827 | 28,794,960 | |
Asics Corp. | 246,200 | 3,682,696 | |
Astellas Pharma, Inc. | 2,925,400 | 49,596,106 | |
Bandai Namco Holdings, Inc. | 311,350 | 12,077,387 | |
Bank of Kyoto Ltd. | 82,300 | 4,155,369 | |
Benesse Holdings, Inc. | 110,800 | 3,465,305 | |
Bridgestone Corp. | 946,979 | 34,884,214 | |
Brother Industries Ltd. | 345,800 | 7,102,111 | |
Calbee, Inc. | 124,300 | 3,954,644 | |
Canon, Inc. | 1,555,044 | 49,896,109 | |
Casio Computer Co. Ltd. | 303,400 | 4,874,170 | |
Central Japan Railway Co. | 224,100 | 45,007,574 | |
Chiba Bank Ltd. | 940,274 | 6,177,662 | |
Chubu Electric Power Co., Inc. | 942,364 | 13,701,638 | |
Chugai Pharmaceutical Co. Ltd. | 347,325 | 20,131,158 | |
Chugoku Electric Power Co., Inc. | 431,600 | 5,391,601 | |
Coca-Cola West Co. Ltd. | 206,900 | 5,865,674 | |
Concordia Financial Group Ltd. | 1,688,484 | 8,099,739 | |
Credit Saison Co. Ltd. | 247,052 | 4,091,222 | |
CyberAgent, Inc. | 158,000 | 8,987,130 | |
CYBERDYNE, Inc. (a)(b) | 174,100 | 1,371,051 | |
Dai Nippon Printing Co. Ltd. | 380,121 | 8,528,860 | |
Dai-ichi Mutual Life Insurance Co. | 1,675,800 | 31,929,337 | |
Daicel Chemical Industries Ltd. | 404,700 | 4,578,417 | |
Daifuku Co. Ltd. | 157,100 | 8,158,285 | |
Daiichi Sankyo Kabushiki Kaisha | 881,570 | 34,418,600 | |
Daikin Industries Ltd. | 387,194 | 49,335,718 | |
Dainippon Sumitomo Pharma Co. Ltd. | 248,400 | 5,287,247 | |
Daito Trust Construction Co. Ltd. | 113,263 | 16,972,630 | |
Daiwa House Industry Co. Ltd. | 880,184 | 26,846,761 | |
Daiwa House REIT Investment Corp. | 2,682 | 6,218,011 | |
Daiwa Securities Group, Inc. | 2,510,085 | 15,054,636 | |
DeNA Co. Ltd. | 161,500 | 2,793,655 | |
DENSO Corp. | 678,838 | 32,716,925 | |
Dentsu, Inc. | 336,100 | 15,699,388 | |
Disco Corp. | 44,500 | 7,962,020 | |
Don Quijote Holdings Co. Ltd. | 185,200 | 9,000,810 | |
East Japan Railway Co. | 479,600 | 43,401,836 | |
Eisai Co. Ltd. | 391,778 | 35,471,935 | |
Electric Power Development Co. Ltd. | 228,380 | 6,045,051 | |
FamilyMart Co. Ltd. (a) | 98,500 | 8,590,271 | |
Fanuc Corp. | 301,272 | 59,074,838 | |
Fast Retailing Co. Ltd. | 90,700 | 42,292,926 | |
Fuji Electric Co. Ltd. | 926,153 | 7,460,237 | |
Fujifilm Holdings Corp. | 600,305 | 25,387,753 | |
Fujitsu Ltd. | 3,062,075 | 22,408,183 | |
Fukuoka Financial Group, Inc. | 1,139,300 | 6,388,119 | |
Hakuhodo DY Holdings, Inc. | 360,200 | 6,078,436 | |
Hamamatsu Photonics K.K. | 219,600 | 8,834,596 | |
Hankyu Hanshin Holdings, Inc. | 355,500 | 12,686,144 | |
Hikari Tsushin, Inc. | 33,300 | 6,296,760 | |
Hino Motors Ltd. | 401,200 | 4,224,678 | |
Hirose Electric Co. Ltd. | 49,677 | 5,910,629 | |
Hisamitsu Pharmaceutical Co., Inc. | 88,400 | 6,460,337 | |
Hitachi Chemical Co. Ltd. | 160,100 | 3,360,212 | |
Hitachi Construction Machinery Co. Ltd. | 168,500 | 5,034,830 | |
Hitachi High-Technologies Corp. | 106,400 | 4,179,966 | |
Hitachi Ltd. | 7,512,271 | 49,051,864 | |
Hitachi Metals Ltd. | 331,600 | 3,832,008 | |
Honda Motor Co. Ltd. | 2,534,360 | 75,075,869 | |
Hoshizaki Corp. | 85,000 | 8,063,181 | |
Hoya Corp. | 592,816 | 34,664,077 | |
Hulic Co. Ltd. | 460,900 | 4,363,845 | |
Idemitsu Kosan Co. Ltd. | 209,500 | 10,577,761 | |
IHI Corp. | 227,118 | 7,931,040 | |
Iida Group Holdings Co. Ltd. | 230,000 | 4,247,682 | |
INPEX Corp. | 1,587,700 | 17,361,673 | |
Isetan Mitsukoshi Holdings Ltd. | 523,687 | 5,919,817 | |
Isuzu Motors Ltd. | 854,300 | 12,355,864 | |
Itochu Corp. | 2,197,086 | 38,430,714 | |
J. Front Retailing Co. Ltd. | 360,100 | 5,120,673 | |
Japan Airlines Co. Ltd. | 181,500 | 6,542,233 | |
Japan Airport Terminal Co. Ltd. | 73,300 | 3,282,040 | |
Japan Exchange Group, Inc. | 792,100 | 13,958,526 | |
Japan Post Bank Co. Ltd. | 628,800 | 7,345,715 | |
Japan Post Holdings Co. Ltd. | 2,448,600 | 29,089,659 | |
Japan Prime Realty Investment Corp. | 1,298 | 4,696,211 | |
Japan Real Estate Investment Corp. | 2,050 | 10,904,059 | |
Japan Retail Fund Investment Corp. | 4,067 | 7,357,277 | |
Japan Tobacco, Inc. | 1,709,700 | 44,962,140 | |
JFE Holdings, Inc. | 764,475 | 16,729,556 | |
JGC Corp. | 322,617 | 6,498,217 | |
JSR Corp. | 297,116 | 5,767,971 | |
JTEKT Corp. | 317,600 | 4,450,573 | |
JX Holdings, Inc. | 5,060,200 | 35,632,261 | |
Kajima Corp. | 1,400,317 | 10,082,383 | |
Kakaku.com, Inc. | 214,000 | 3,956,044 | |
Kamigumi Co. Ltd. | 166,731 | 3,385,340 | |
Kaneka Corp. | 381,559 | 3,485,576 | |
Kansai Electric Power Co., Inc. | 1,094,136 | 15,681,861 | |
Kansai Paint Co. Ltd. | 276,500 | 5,467,289 | |
Kao Corp. | 769,350 | 59,721,391 | |
Kawasaki Heavy Industries Ltd. | 220,594 | 6,035,512 | |
KDDI Corp. | 2,754,900 | 72,839,112 | |
Keihan Electric Railway Co., Ltd. | 149,400 | 5,486,023 | |
Keihin Electric Express Railway Co. Ltd. | 344,930 | 5,966,659 | |
Keio Corp. | 159,182 | 7,893,914 | |
Keisei Electric Railway Co. | 200,800 | 6,740,923 | |
Keyence Corp. | 151,224 | 85,595,152 | |
Kikkoman Corp. | 227,149 | 11,387,093 | |
Kintetsu Group Holdings Co. Ltd.�� | 265,910 | 10,434,413 | |
Kirin Holdings Co. Ltd. | 1,278,456 | 31,613,337 | |
Kobayashi Pharmaceutical Co. Ltd. | 76,600 | 5,501,467 | |
Kobe Steel Ltd. | 479,500 | 4,013,455 | |
Koito Manufacturing Co. Ltd. | 162,000 | 10,016,560 | |
Komatsu Ltd. | 1,435,045 | 40,687,391 | |
Konami Holdings Corp. | 144,800 | 6,066,457 | |
Konica Minolta, Inc. | 703,600 | 7,162,016 | |
Kose Corp. | 47,300 | 8,726,937 | |
Kubota Corp. | 1,535,564 | 23,998,802 | |
Kuraray Co. Ltd. | 495,086 | 7,182,780 | |
Kurita Water Industries Ltd. | 152,400 | 4,526,325 | |
Kyocera Corp. | 498,904 | 31,476,168 | |
Kyowa Hakko Kirin Co., Ltd. | 400,789 | 7,106,060 | |
Kyushu Electric Power Co., Inc. | 589,270 | 6,608,140 | |
Kyushu Railway Co. | 247,500 | 7,439,924 | |
Lawson, Inc. | 78,316 | 4,595,629 | |
LINE Corp. (b) | 112,500 | 5,133,199 | |
Lion Corp. | 349,100 | 7,355,261 | |
LIXIL Group Corp. | 416,059 | 8,159,415 | |
M3, Inc. | 327,400 | 14,423,751 | |
Mabuchi Motor Co. Ltd. | 75,742 | 3,139,159 | |
Makita Corp. | 347,800 | 15,776,366 | |
Marubeni Corp. | 2,426,344 | 19,906,896 | |
Marui Group Co. Ltd. | 309,349 | 6,835,135 | |
Maruichi Steel Tube Ltd. | 86,200 | 2,641,625 | |
Mazda Motor Corp. | 885,900 | 10,273,442 | |
McDonald's Holdings Co. (Japan) Ltd. | 103,300 | 4,536,981 | |
Mebuki Financial Group, Inc. | 1,273,610 | 4,516,266 | |
Medipal Holdings Corp. | 268,200 | 5,409,380 | |
Meiji Holdings Co. Ltd. | 189,858 | 12,610,494 | |
Minebea Mitsumi, Inc. | 598,800 | 11,241,984 | |
Misumi Group, Inc. | 441,600 | 11,382,795 | |
Mitsubishi Chemical Holdings Corp. | 1,986,475 | 17,806,940 | |
Mitsubishi Corp. | 2,101,102 | 59,963,950 | |
Mitsubishi Electric Corp. | 2,836,606 | 38,292,699 | |
Mitsubishi Estate Co. Ltd. | 1,837,723 | 30,507,426 | |
Mitsubishi Gas Chemical Co., Inc. | 252,733 | 5,258,921 | |
Mitsubishi Heavy Industries Ltd. | 471,125 | 17,494,931 | |
Mitsubishi Materials Corp. | 162,393 | 4,391,963 | |
Mitsubishi Motors Corp. of Japan | 1,036,400 | 7,387,533 | |
Mitsubishi Tanabe Pharma Corp. | 392,300 | 6,542,453 | |
Mitsubishi UFJ Financial Group, Inc. | 18,364,830 | 111,009,612 | |
Mitsubishi UFJ Lease & Finance Co. Ltd. | 623,400 | 3,506,660 | |
Mitsui & Co. Ltd. | 2,573,323 | 42,904,157 | |
Mitsui Chemicals, Inc. | 285,436 | 7,383,161 | |
Mitsui Fudosan Co. Ltd. | 1,386,977 | 31,762,784 | |
Mitsui OSK Lines Ltd. | 176,928 | 4,757,995 | |
Mizuho Financial Group, Inc. | 37,503,200 | 65,867,232 | |
MS&AD Insurance Group Holdings, Inc. | 738,484 | 22,697,533 | |
Murata Manufacturing Co. Ltd. | 280,054 | 48,356,007 | |
Nabtesco Corp. | 173,800 | 4,531,533 | |
Nagoya Railroad Co. Ltd. | 281,200 | 6,415,642 | |
NEC Corp. | 405,354 | 11,200,043 | |
New Hampshire Foods Ltd. | 140,770 | 5,137,453 | |
Nexon Co. Ltd. (b) | 691,100 | 8,670,627 | |
NGK Insulators Ltd. | 406,309 | 6,618,840 | |
NGK Spark Plug Co. Ltd. | 247,300 | 7,033,282 | |
Nidec Corp. | 347,584 | 50,381,067 | |
Nikon Corp. | 501,038 | 9,591,466 | |
Nintendo Co. Ltd. | 176,096 | 63,385,791 | |
Nippon Building Fund, Inc. | 2,091 | 12,176,015 | |
Nippon Electric Glass Co. Ltd. | 131,800 | 4,234,776 | |
Nippon Express Co. Ltd. | 117,154 | 7,338,600 | |
Nippon Paint Holdings Co. Ltd. | 228,600 | 9,032,076 | |
Nippon Prologis REIT, Inc. | 2,768 | 5,393,502 | |
Nippon Steel & Sumitomo Metal Corp. | 1,182,963 | 23,800,862 | |
Nippon Telegraph & Telephone Corp. | 1,075,200 | 47,836,716 | |
Nippon Yusen KK | 235,857 | 4,449,251 | |
Nissan Chemical Corp. | 198,000 | 9,444,694 | |
Nissan Motor Co. Ltd. | 3,609,448 | 33,784,771 | |
Nisshin Seifun Group, Inc. | 307,923 | 6,160,677 | |
Nissin Food Holdings Co. Ltd. | 98,623 | 6,293,197 | |
Nitori Holdings Co. Ltd. | 124,300 | 18,872,658 | |
Nitto Denko Corp. | 255,994 | 19,878,645 | |
NKSJ Holdings, Inc. | 517,303 | 22,086,990 | |
NOK Corp. | 122,600 | 2,341,438 | |
Nomura Holdings, Inc. | 5,382,047 | 24,655,821 | |
Nomura Real Estate Holdings, Inc. | 193,300 | 4,190,979 | |
Nomura Real Estate Master Fund, Inc. | 6,067 | 8,452,629 | |
Nomura Research Institute Ltd. | 176,355 | 8,777,276 | |
NSK Ltd. | 558,576 | 6,339,342 | |
NTT Data Corp. | 976,900 | 12,555,244 | |
NTT DOCOMO, Inc. | 2,058,300 | 53,342,328 | |
Obayashi Corp. | 1,012,104 | 9,482,497 | |
OBIC Co. Ltd. | 100,100 | 9,405,490 | |
Odakyu Electric Railway Co. Ltd. | 459,300 | 9,933,380 | |
Oji Holdings Corp. | 1,346,352 | 9,221,257 | |
Olympus Corp. | 451,929 | 18,404,993 | |
OMRON Corp. | 299,260 | 13,399,501 | |
Ono Pharmaceutical Co. Ltd. | 591,100 | 15,534,263 | |
Oracle Corp. Japan | 59,200 | 4,971,074 | |
Oriental Land Co. Ltd. | 310,924 | 33,314,285 | |
ORIX Corp. | 2,058,780 | 33,111,690 | |
Osaka Gas Co. Ltd. | 585,105 | 10,929,578 | |
Otsuka Corp. | 162,400 | 5,882,999 | |
Otsuka Holdings Co. Ltd. | 607,000 | 28,467,978 | |
Panasonic Corp. | 3,430,273 | 40,863,250 | |
Park24 Co. Ltd. | 180,000 | 5,281,253 | |
Pola Orbis Holdings, Inc. | 142,600 | 5,030,978 | |
Rakuten, Inc. | 1,342,600 | 10,269,784 | |
Recruit Holdings Co. Ltd. | 1,713,400 | 52,230,095 | |
Renesas Electronics Corp. (b) | 1,300,800 | 9,834,146 | |
Resona Holdings, Inc. | 3,245,100 | 18,396,980 | |
Ricoh Co. Ltd. | 1,043,670 | 10,942,989 | |
Rinnai Corp. | 51,800 | 3,855,513 | |
ROHM Co. Ltd. | 147,144 | 13,282,822 | |
Ryohin Keikaku Co. Ltd. | 37,200 | 11,048,510 | |
Sankyo Co. Ltd. (Gunma) | 69,500 | 2,661,529 | |
Santen Pharmaceutical Co. Ltd. | 571,400 | 8,804,219 | |
SBI Holdings, Inc. Japan | 350,360 | 9,664,777 | |
Secom Co. Ltd. | 326,467 | 26,870,135 | |
Sega Sammy Holdings, Inc. | 267,000 | 4,306,219 | |
Seibu Holdings, Inc. | 344,200 | 6,204,955 | |
Seiko Epson Corp. | 432,900 | 7,406,560 | |
Sekisui Chemical Co. Ltd. | 579,293 | 10,072,847 | |
Sekisui House Ltd. | 964,967 | 15,749,866 | |
Seven & i Holdings Co. Ltd. | 1,171,100 | 47,693,524 | |
Seven Bank Ltd. | 931,700 | 2,901,343 | |
SG Holdings Co. Ltd. | 149,400 | 3,534,989 | |
Sharp Corp. (a) | 271,100 | 6,424,321 | |
Shimadzu Corp. | 346,100 | 10,263,698 | |
Shimamura Co. Ltd. | 34,300 | 3,170,381 | |
SHIMANO, Inc. | 115,200 | 17,770,930 | |
SHIMIZU Corp. | 863,016 | 7,549,739 | |
Shin-Etsu Chemical Co. Ltd. | 568,162 | 53,308,333 | |
Shinsei Bank Ltd. | 255,200 | 3,918,380 | |
Shionogi & Co. Ltd. | 433,691 | 25,199,434 | |
Shiseido Co. Ltd. | 590,650 | 41,591,626 | |
Shizuoka Bank Ltd. | 701,674 | 6,201,457 | |
Showa Denko K.K. | 209,400 | 9,969,634 | |
Showa Shell Sekiyu K.K. | 291,700 | 5,883,356 | |
SMC Corp. | 88,971 | 29,603,617 | |
SoftBank Corp. | 1,283,030 | 118,792,336 | |
Sohgo Security Services Co., Ltd. | 109,900 | 4,836,747 | |
Sony Corp. | 1,971,085 | 112,081,102 | |
Sony Financial Holdings, Inc. | 270,000 | 5,382,504 | |
Stanley Electric Co. Ltd. | 204,825 | 7,088,040 | |
Start Today Co. Ltd. | 316,300 | 10,902,970 | |
Subaru Corp. | 956,800 | 28,425,855 | |
Sumco Corp. | 362,900 | 6,480,007 | |
Sumitomo Chemical Co. Ltd. | 2,317,334 | 13,160,271 | |
Sumitomo Corp. | 1,749,942 | 28,404,468 | |
Sumitomo Electric Industries Ltd. | 1,169,606 | 18,505,691 | |
Sumitomo Heavy Industries Ltd. | 172,564 | 5,614,426 | |
Sumitomo Metal Mining Co. Ltd. | 362,232 | 11,703,833 | |
Sumitomo Mitsui Financial Group, Inc. | 2,088,800 | 82,117,955 | |
Sumitomo Mitsui Trust Holdings, Inc. | 516,772 | 20,735,420 | |
Sumitomo Realty & Development Co. Ltd. | 554,000 | 19,196,292 | |
Sumitomo Rubber Industries Ltd. | 268,800 | 3,986,881 | |
Sundrug Co. Ltd. | 115,000 | 4,129,691 | |
Suntory Beverage & Food Ltd. | 217,200 | 8,904,203 | |
Suzuken Co. Ltd. | 111,616 | 5,072,998 | |
Suzuki Motor Corp. | 534,200 | 34,760,742 | |
Sysmex Corp. | 260,000 | 22,557,826 | |
T&D Holdings, Inc. | 866,500 | 13,175,698 | |
Taiheiyo Cement Corp. | 186,400 | 5,636,792 | |
Taisei Corp. | 330,718 | 14,793,164 | |
Taisho Pharmaceutical Holdings Co. Ltd. | 56,157 | 6,085,233 | |
Taiyo Nippon Sanso Corp. | 199,700 | 2,940,412 | |
Takashimaya Co. Ltd. | 221,000 | 3,568,302 | |
Takeda Pharmaceutical Co. Ltd. | 1,111,542 | 46,308,175 | |
TDK Corp. | 201,825 | 22,687,375 | |
Teijin Ltd. | 274,768 | 5,442,934 | |
Temp Holdings Co., Ltd. | 276,600 | 6,186,221 | |
Terumo Corp. | 472,424 | 26,063,893 | |
THK Co. Ltd. | 185,900 | 4,979,195 | |
Tobu Railway Co. Ltd. | 298,559 | 8,329,879 | |
Toho Co. Ltd. | 177,154 | 5,436,911 | |
Toho Gas Co. Ltd. | 115,100 | 3,858,766 | |
Tohoku Electric Power Co., Inc. | 668,390 | 8,385,705 | |
Tokio Marine Holdings, Inc. | 1,046,500 | 49,325,178 | |
Tokyo Century Corp. | 66,100 | 3,652,723 | |
Tokyo Electric Power Co., Inc. (b) | 2,251,118 | 10,413,776 | |
Tokyo Electron Ltd. | 244,018 | 41,544,028 | |
Tokyo Gas Co. Ltd. | 604,279 | 14,319,743 | |
Tokyo Tatemono Co. Ltd. | 301,400 | 3,694,598 | |
Tokyu Corp. | 777,777 | 12,824,115 | |
Tokyu Fudosan Holdings Corp. | 789,600 | 5,379,599 | |
Toppan Printing Co. Ltd. | 763,013 | 5,953,850 | |
Toray Industries, Inc. | 2,152,083 | 16,107,640 | |
Toshiba Corp. (b) | 10,133,880 | 30,280,336 | |
Tosoh Corp. | 404,100 | 6,350,091 | |
Toto Ltd. | 219,492 | 9,284,604 | |
Toyo Seikan Group Holdings Ltd. | 235,400 | 4,457,579 | |
Toyo Suisan Kaisha Ltd. | 138,200 | 5,093,412 | |
Toyoda Gosei Co. Ltd. | 101,500 | 2,532,247 | |
Toyota Industries Corp. | 228,486 | 12,934,722 | |
Toyota Motor Corp. | 3,550,163 | 221,007,098 | |
Toyota Tsusho Corp. | 329,300 | 11,232,535 | |
Trend Micro, Inc. | 185,600 | 11,692,917 | |
Tsuruha Holdings, Inc. | 56,900 | 6,498,614 | |
Unicharm Corp. | 626,040 | 20,464,200 | |
United Urban Investment Corp. | 4,501 | 7,101,299 | |
USS Co. Ltd. | 341,500 | 6,439,047 | |
West Japan Railway Co. | 255,400 | 17,138,533 | |
Yahoo! Japan Corp. (a) | 2,205,200 | 7,581,553 | |
Yakult Honsha Co. Ltd. | 172,866 | 12,290,896 | |
Yamada Denki Co. Ltd. (a) | 981,350 | 4,866,563 | |
Yamaguchi Financial Group, Inc. | 307,900 | 3,386,318 | |
Yamaha Corp. | 215,143 | 10,281,787 | |
Yamaha Motor Co. Ltd. | 435,900 | 11,051,483 | |
Yamato Holdings Co. Ltd. | 479,532 | 14,259,506 | |
Yamazaki Baking Co. Ltd. | 186,500 | 3,628,953 | |
Yaskawa Electric Corp. | 373,400 | 12,535,163 | |
Yokogawa Electric Corp. | 356,000 | 7,301,989 | |
Yokohama Rubber Co. Ltd. | 185,200 | 3,892,017 | |
TOTAL JAPAN | 5,369,973,861 | ||
Luxembourg - 0.3% | |||
ArcelorMittal SA (Netherlands) | 1,032,639 | 31,092,611 | |
Eurofins Scientific SA | 17,822 | 10,062,102 | |
Millicom International Cellular SA (depository receipt) | 103,188 | 5,940,688 | |
RTL Group SA (a) | 59,611 | 4,469,898 | |
SES SA (France) (depositary receipt) | 566,970 | 11,372,148 | |
Tenaris SA | 733,352 | 12,306,224 | |
TOTAL LUXEMBOURG | 75,243,671 | ||
Malta - 0.0% | |||
BGP Holdings PLC (b)(d) | 5,796,476 | 67 | |
Mauritius - 0.0% | |||
Golden Agri-Resources Ltd. | 10,166,480 | 2,110,995 | |
Multi-National - 0.1% | |||
HK Electric Investments & HK Electric Investments Ltd. unit (c) | 4,096,000 | 4,138,402 | |
HKT Trust/HKT Ltd. unit | 5,878,760 | 7,594,920 | |
TOTAL MULTI-NATIONAL | 11,733,322 | ||
Netherlands - 4.5% | |||
ABN AMRO Group NV GDR | 655,788 | 17,758,934 | |
AEGON NV | 2,770,723 | 16,614,459 | |
AEGON NV rights (b) | 2,770,723 | 450,256 | |
AerCap Holdings NV (b) | 194,275 | 11,067,847 | |
Airbus Group NV | 904,869 | 111,697,704 | |
Akzo Nobel NV | 392,766 | 36,709,321 | |
ASML Holding NV (Netherlands) | 637,076 | 130,266,238 | |
CNH Industrial NV | 1,587,564 | 18,980,479 | |
EXOR NV | 167,915 | 10,910,913 | |
Ferrari NV | 190,211 | 24,882,742 | |
Fiat Chrysler Automobiles NV | 1,675,603 | 28,318,562 | |
Heineken Holding NV | 179,526 | 17,108,393 | |
Heineken NV (Bearer) | 402,621 | 39,789,526 | |
ING Groep NV (Certificaten Van Aandelen) | 6,047,549 | 82,148,601 | |
Koninklijke Ahold Delhaize NV | 1,937,617 | 47,140,904 | |
Koninklijke DSM NV | 284,499 | 29,846,388 | |
Koninklijke KPN NV | 5,218,601 | 13,331,263 | |
Koninklijke Philips Electronics NV | 1,462,170 | 65,332,907 | |
NN Group NV | 478,381 | 20,506,518 | |
NN Group NV rights (b) | 478,381 | 366,485 | |
NXP Semiconductors NV (b) | 534,077 | 49,743,932 | |
QIAGEN NV (Germany) (b) | 354,447 | 13,721,002 | |
Randstad NV | 185,190 | 11,599,203 | |
RELX NV | 1,500,478 | 33,274,535 | |
STMicroelectronics NV (France) | 1,062,507 | 21,922,265 | |
Unilever NV (Certificaten Van Aandelen) (Bearer) | 2,398,306 | 137,905,911 | |
Vopak NV | 110,330 | 5,686,110 | |
Wolters Kluwer NV | 451,115 | 28,590,293 | |
TOTAL NETHERLANDS | 1,025,671,691 | ||
New Zealand - 0.2% | |||
Auckland International Airport Ltd. | 1,501,994 | 7,100,124 | |
Fisher & Paykel Healthcare Corp. | 891,681 | 9,669,054 | |
Fletcher Building Ltd. | 1,327,275 | 5,584,876 | |
Meridian Energy Ltd. | 1,978,503 | 4,241,087 | |
Ryman Healthcare Group Ltd. | 617,252 | 5,753,989 | |
Spark New Zealand Ltd. | 2,835,533 | 7,485,195 | |
The a2 Milk Co. Ltd. (b) | 1,128,480 | 9,422,122 | |
TOTAL NEW ZEALAND | 49,256,447 | ||
Norway - 0.7% | |||
Aker Bp ASA | 166,486 | 5,896,191 | |
DNB ASA | 1,519,572 | 30,948,993 | |
Equinor ASA | 1,817,206 | 46,610,305 | |
Gjensidige Forsikring ASA | 307,965 | 5,152,244 | |
Marine Harvest ASA (a) | 647,844 | 13,994,138 | |
Norsk Hydro ASA | 2,096,595 | 11,577,818 | |
Orkla ASA | 1,269,408 | 10,444,501 | |
Schibsted ASA (B Shares) | 153,007 | 4,980,940 | |
Telenor ASA | 1,167,836 | 22,016,643 | |
Yara International ASA | 274,866 | 12,651,607 | |
TOTAL NORWAY | 164,273,380 | ||
Papua New Guinea - 0.1% | |||
Oil Search Ltd. ADR | 2,128,448 | 13,710,066 | |
Portugal - 0.2% | |||
Banco Espirito Santo SA (Reg.) (b)(d) | 2,598,658 | 30 | |
Energias de Portugal SA | 3,977,892 | 15,537,343 | |
Galp Energia SGPS SA Class B | 777,391 | 15,764,170 | |
Jeronimo Martins SGPS SA | 394,357 | 5,907,262 | |
TOTAL PORTUGAL | 37,208,805 | ||
Singapore - 1.2% | |||
Ascendas Real Estate Investment Trust | 3,859,883 | 7,705,424 | |
CapitaCommercial Trust (REIT) | 4,069,353 | 5,247,718 | |
CapitaLand Ltd. | 3,990,037 | 9,971,095 | |
CapitaMall Trust | 3,869,300 | 6,032,787 | |
City Developments Ltd. | 636,100 | 4,300,760 | |
ComfortDelgro Corp. Ltd. | 3,337,784 | 5,568,850 | |
DBS Group Holdings Ltd. | 2,790,108 | 50,718,148 | |
Jardine Cycle & Carriage Ltd. | 153,830 | 3,635,747 | |
Keppel Corp. Ltd. | 2,264,600 | 10,773,989 | |
Oversea-Chinese Banking Corp. Ltd. | 4,889,186 | 40,251,941 | |
Sembcorp Industries Ltd. | 1,541,630 | 3,066,300 | |
Singapore Airlines Ltd. | 839,925 | 5,997,060 | |
Singapore Airport Terminal Service Ltd. | 1,033,900 | 3,819,076 | |
Singapore Exchange Ltd. | 1,248,200 | 6,738,670 | |
Singapore Press Holdings Ltd. | 2,481,321 | 5,061,891 | |
Singapore Technologies Engineering Ltd. | 2,433,261 | 5,921,163 | |
Singapore Telecommunications Ltd. | 12,688,927 | 29,860,649 | |
Suntec (REIT) | 3,289,900 | 4,482,251 | |
United Overseas Bank Ltd. | 2,078,760 | 40,983,021 | |
UOL Group Ltd. | 779,450 | 3,924,083 | |
Venture Corp. Ltd. | 426,200 | 5,623,461 | |
Wilmar International Ltd. | 2,983,200 | 6,955,113 | |
Yangzijiang Shipbuilding Holdings Ltd. | 3,733,600 | 2,910,606 | |
TOTAL SINGAPORE | 269,549,803 | ||
South Africa - 0.0% | |||
Old Mutual Ltd. | 2 | 4 | |
Spain - 2.9% | |||
ACS Actividades de Construccion y Servicios SA | 400,592 | 16,683,740 | |
Aena Sme SA | 104,676 | 18,529,157 | |
Amadeus IT Holding SA Class A | 682,049 | 63,271,735 | |
Banco Bilbao Vizcaya Argentaria SA | 10,363,315 | 64,393,058 | |
Banco de Sabadell SA | 8,739,010 | 13,410,111 | |
Banco Santander SA (Spain) | 25,080,086 | 124,628,624 | |
Bankia SA | 1,914,700 | 7,194,194 | |
Bankinter SA | 1,051,229 | 9,351,721 | |
CaixaBank SA | 5,580,747 | 24,876,728 | |
Enagas SA | 353,096 | 9,816,056 | |
Endesa SA | 493,719 | 11,054,797 | |
Ferrovial SA | 753,464 | 16,289,115 | |
Gas Natural SDG SA | 543,553 | 14,593,391 | |
Grifols SA | 463,599 | 13,630,644 | |
Iberdrola SA | 9,263,004 | 69,049,549 | |
Inditex SA | 1,695,194 | 51,226,399 | |
International Consolidated Airlines Group SA | 220,985 | 1,985,375 | |
International Consolidated Airlines Group SA CDI | 728,283 | 6,522,413 | |
MAPFRE SA (Reg.) | 1,668,741 | 4,918,020 | |
Red Electrica Corporacion SA | 672,606 | 14,098,853 | |
Repsol SA | 2,117,169 | 40,708,553 | |
Siemens Gamesa Renewable Energy SA (a)(b) | 373,329 | 5,570,607 | |
Telefonica SA | 7,261,847 | 58,753,237 | |
TOTAL SPAIN | 660,556,077 | ||
Sweden - 2.6% | |||
Alfa Laval AB | 454,778 | 12,188,547 | |
ASSA ABLOY AB (B Shares) | 1,556,611 | 31,743,403 | |
Atlas Copco AB: | |||
(A Shares) | 1,041,605 | 29,692,944 | |
(B Shares) | 605,032 | 15,997,194 | |
Boliden AB | 426,010 | 11,152,009 | |
Electrolux AB (B Shares) | 371,280 | 8,282,108 | |
Epiroc AB: | |||
Class A (b) | 1,047,105 | 10,877,348 | |
Class B (b) | 598,810 | 5,726,743 | |
Essity AB Class B | 943,534 | 24,452,038 | |
H&M Hennes & Mauritz AB (B Shares) (a) | 1,365,322 | 18,413,332 | |
Hexagon AB (B Shares) | 402,211 | 23,890,370 | |
Husqvarna AB (B Shares) | 654,106 | 5,199,861 | |
ICA Gruppen AB (a) | 125,192 | 3,812,510 | |
Industrivarden AB (C Shares) | 259,916 | 5,552,078 | |
Investor AB (B Shares) | 707,380 | 31,922,464 | |
Kinnevik AB (B Shares) | 364,350 | 11,968,173 | |
Lundbergfoeretagen AB | 118,237 | 3,971,767 | |
Lundin Petroleum AB | 291,548 | 10,128,297 | |
Nordea Bank AB | 4,718,542 | 50,976,960 | |
Sandvik AB | 1,753,065 | 30,680,530 | |
Securitas AB (B Shares) | 486,076 | 8,647,706 | |
Skandinaviska Enskilda Banken AB (A Shares) | 2,529,956 | 27,000,509 | |
Skanska AB (B Shares) (a) | 529,950 | 9,949,800 | |
SKF AB (B Shares) | 588,712 | 11,313,771 | |
Svenska Handelsbanken AB (A Shares) | 2,372,720 | 28,770,759 | |
Swedbank AB (A Shares) | 1,406,406 | 32,725,893 | |
Swedish Match Co. AB | 280,484 | 14,994,683 | |
Tele2 AB (B Shares) | 563,120 | 6,945,751 | |
Telefonaktiebolaget LM Ericsson (B Shares) | 4,774,594 | 40,287,098 | |
TeliaSonera AB | 4,383,593 | 19,441,839 | |
Volvo AB (B Shares) | 2,432,647 | 41,895,639 | |
TOTAL SWEDEN | 588,602,124 | ||
Switzerland - 8.2% | |||
ABB Ltd. (Reg.) | 2,863,585 | 67,442,169 | |
Adecco SA (Reg.) | 252,639 | 15,477,641 | |
Baloise Holdings AG | 75,863 | 11,662,200 | |
Barry Callebaut AG | 3,418 | 6,093,685 | |
Clariant AG (Reg.) | 308,319 | 7,704,396 | |
Coca-Cola HBC AG | 314,682 | 10,762,235 | |
Compagnie Financiere Richemont SA Series A | 811,263 | 71,635,363 | |
Credit Suisse Group AG | 3,971,564 | 59,472,461 | |
Dufry AG (a) | 50,287 | 6,220,698 | |
Ems-Chemie Holding AG | 12,803 | 8,084,020 | |
Galenica AG | 70,757 | 13,041,773 | |
Geberit AG (Reg.) | 57,613 | 26,201,507 | |
Givaudan SA | 14,354 | 34,920,539 | |
Julius Baer Group Ltd. | 348,728 | 18,503,994 | |
Kuehne & Nagel International AG | 84,219 | 13,598,425 | |
Lafargeholcim Ltd. (Reg.) | 754,338 | 36,734,334 | |
Lindt & Spruengli AG | 158 | 13,921,279 | |
Lindt & Spruengli AG (participation certificate) | 1,660 | 12,356,874 | |
Lonza Group AG | 115,727 | 37,240,393 | |
Nestle SA (Reg. S) | 4,837,015 | 405,473,152 | |
Novartis AG | 3,372,079 | 279,755,046 | |
Pargesa Holding SA | 59,620 | 4,844,029 | |
Partners Group Holding AG | 27,036 | 21,227,130 | |
Roche Holding AG (participation certificate) | 1,091,857 | 270,729,947 | |
Schindler Holding AG: | |||
(participation certificate) | 63,476 | 15,141,244 | |
(Reg.) | 31,258 | 7,223,928 | |
SGS SA (Reg.) | 8,324 | 21,925,377 | |
Sika AG | 201,360 | 29,853,425 | |
Sonova Holding AG Class B | 86,217 | 16,358,325 | |
Straumann Holding AG | 16,046 | 12,788,790 | |
Swatch Group AG (Bearer) | 47,974 | 20,471,546 | |
Swatch Group AG (Bearer) (Reg.) | 86,494 | 7,009,650 | |
Swiss Life Holding AG | 53,319 | 19,319,714 | |
Swiss Prime Site AG | 111,140 | 10,245,405 | |
Swiss Re Ltd. | 488,580 | 43,935,654 | |
Swisscom AG | 40,209 | 17,958,706 | |
Temenos Group AG | 94,092 | 16,988,496 | |
UBS Group AG | 5,989,410 | 93,525,634 | |
Zurich Insurance Group AG | 235,161 | 71,621,901 | |
TOTAL SWITZERLAND | 1,857,471,085 | ||
United Kingdom - 15.7% | |||
3i Group PLC | 1,508,754 | 17,533,800 | |
Admiral Group PLC | 311,624 | 8,403,303 | |
Anglo American PLC (United Kingdom) | 1,637,886 | 32,734,910 | |
Antofagasta PLC | 608,974 | 6,360,247 | |
Ashtead Group PLC | 766,346 | 23,467,161 | |
Associated British Foods PLC | 552,384 | 16,392,404 | |
AstraZeneca PLC (United Kingdom) | 1,968,597 | 148,577,522 | |
Auto Trader Group PLC (c) | 1,469,113 | 8,553,700 | |
Aviva PLC | 6,227,326 | 39,178,684 | |
Babcock International Group PLC | 390,594 | 3,612,555 | |
BAE Systems PLC | 4,962,104 | 39,046,707 | |
Barclays PLC | 26,587,348 | 60,904,208 | |
Barratt Developments PLC | 1,576,660 | 11,078,810 | |
Berkeley Group Holdings PLC | 197,858 | 9,344,769 | |
BHP Billiton PLC | 3,283,494 | 70,248,913 | |
BP PLC | 31,007,356 | 220,808,476 | |
British American Tobacco PLC (United Kingdom) | 3,564,778 | 172,382,985 | |
British Land Co. PLC | 1,440,736 | 11,872,005 | |
BT Group PLC | 13,106,030 | 36,999,797 | |
Bunzl PLC | 521,631 | 16,216,919 | |
Burberry Group PLC | 648,965 | 18,812,601 | |
Carnival PLC | 282,290 | 16,978,334 | |
Centrica PLC | 8,739,933 | 16,237,160 | |
Coca-Cola European Partners PLC | 339,048 | 14,457,007 | |
Compass Group PLC | 2,461,020 | 52,915,925 | |
ConvaTec Group PLC (c) | 2,121,596 | 5,866,909 | |
Croda International PLC | 204,102 | 13,495,010 | |
Diageo PLC | 3,824,295 | 133,752,870 | |
Direct Line Insurance Group PLC | 2,142,767 | 9,192,370 | |
easyJet PLC | 245,633 | 4,856,376 | |
Fresnillo PLC | 339,706 | 3,951,375 | |
G4S PLC (United Kingdom) | 2,395,971 | 7,747,004 | |
GlaxoSmithKline PLC | 7,707,576 | 156,100,659 | |
Hammerson PLC | 1,225,430 | 7,484,407 | |
Hargreaves Lansdown PLC | 444,076 | 12,665,891 | |
HSBC Holdings PLC (United Kingdom) | 31,162,764 | 271,239,630 | |
Imperial Tobacco Group PLC | 1,482,214 | 52,729,153 | |
Informa PLC | 1,942,127 | 19,196,245 | |
InterContinental Hotel Group PLC | 281,674 | 17,364,131 | |
Intertek Group PLC | 250,349 | 16,663,165 | |
Investec PLC | 1,042,308 | 6,842,984 | |
ITV PLC | 5,636,808 | 11,740,045 | |
J Sainsbury PLC | 2,731,330 | 11,480,028 | |
John Wood Group PLC | 1,055,176 | 9,830,325 | |
Johnson Matthey PLC | 300,606 | 13,624,634 | |
Kingfisher PLC | 3,333,862 | 11,851,849 | |
Land Securities Group PLC | 1,152,565 | 13,694,736 | |
Legal & General Group PLC | 9,258,304 | 30,523,447 | |
Lloyds Banking Group PLC | 112,075,994 | 86,334,456 | |
London Stock Exchange Group PLC | 486,762 | 29,180,335 | |
Marks & Spencer Group PLC | 2,532,712 | 9,903,140 | |
Mediclinic International PLC | 564,336 | 3,607,684 | |
Meggitt PLC | 1,199,655 | 8,370,585 | |
Melrose Industries PLC | 7,541,998 | 21,794,768 | |
Merlin Entertainments PLC (c) | 1,100,948 | 5,308,218 | |
Micro Focus International PLC | 678,697 | 11,522,149 | |
Mondi PLC | 569,851 | 15,846,902 | |
National Grid PLC | 5,220,262 | 54,819,250 | |
Next PLC | 222,605 | 15,872,794 | |
NMC Health PLC | 161,089 | 8,195,032 | |
Pearson PLC | 1,213,018 | 14,425,343 | |
Persimmon PLC | 483,120 | 15,238,875 | |
Prudential PLC | 4,027,894 | 90,566,008 | |
Reckitt Benckiser Group PLC | 1,040,225 | 88,608,663 | |
RELX PLC | 1,638,045 | 36,314,303 | |
Rio Tinto PLC | 1,860,189 | 88,344,855 | |
Rolls-Royce Holdings PLC | 2,601,468 | 33,895,366 | |
Royal Bank of Scotland Group PLC | 7,477,563 | 23,440,361 | |
Royal Dutch Shell PLC: | |||
Class A (United Kingdom) | 7,146,871 | 232,515,478 | |
Class B (United Kingdom) | 5,819,649 | 192,641,514 | |
Royal Mail PLC | 1,404,508 | 8,157,517 | |
RSA Insurance Group PLC | 1,594,337 | 13,055,034 | |
Sage Group PLC | 1,682,985 | 12,991,068 | |
Schroders PLC | 192,028 | 7,655,357 | |
Scottish & Southern Energy PLC | 1,576,952 | 25,626,858 | |
Segro PLC | 1,571,834 | 13,412,827 | |
Severn Trent PLC | 368,304 | 9,554,529 | |
SKY PLC | 1,602,864 | 32,012,099 | |
Smith & Nephew PLC | 1,360,991 | 24,018,696 | |
Smiths Group PLC | 615,292 | 12,854,860 | |
St. James's Place Capital PLC | 824,134 | 12,089,495 | |
Standard Chartered PLC (United Kingdom) | 4,364,036 | 35,479,778 | |
Standard Life PLC | 4,159,589 | 17,089,464 | |
Taylor Wimpey PLC | 5,101,192 | 11,067,593 | |
Tesco PLC | 15,205,777 | 48,592,043 | |
The Weir Group PLC | 375,793 | 9,132,505 | |
Travis Perkins PLC | 390,652 | 5,826,831 | |
Unilever PLC | 1,906,347 | 108,632,747 | |
United Utilities Group PLC | 1,062,282 | 10,213,282 | |
Vodafone Group PLC | 41,368,957 | 88,150,630 | |
Vodafone Group PLC sponsored ADR | 8,775 | 189,628 | |
Whitbread PLC | 284,843 | 16,972,325 | |
WM Morrison Supermarkets PLC | 3,479,897 | 11,876,557 | |
TOTAL UNITED KINGDOM | 3,536,409,947 | ||
TOTAL COMMON STOCKS | |||
(Cost $20,762,896,327) | 22,098,922,526 | ||
Nonconvertible Preferred Stocks - 0.7% | |||
France - 0.2% | |||
Air Liquide SA (b) | 320,692 | 40,388,392 | |
Germany - 0.5% | |||
Bayerische Motoren Werke AG (BMW) (non-vtg.) | 85,445 | 7,165,776 | |
Fuchs Petrolub AG | 108,845 | 6,373,946 | |
Henkel AG & Co. KGaA | 276,331 | 35,266,595 | |
Porsche Automobil Holding SE (Germany) | 237,616 | 15,033,809 | |
Sartorius AG (non-vtg.) | 55,543 | 10,083,348 | |
Volkswagen AG | 288,591 | 47,178,866 | |
TOTAL GERMANY | 121,102,340 | ||
Italy - 0.0% | |||
Telecom Italia SpA (Risparmio Shares) | 9,316,805 | 5,179,055 | |
TOTAL NONCONVERTIBLE PREFERRED STOCKS | |||
(Cost $143,939,839) | 166,669,787 | ||
Principal Amount | Value | ||
Government Obligations - 0.1% | |||
United States of America - 0.1% | |||
U.S. Treasury Bills, yield at date of purchase 1.9% to 2% 9/20/18 to 11/8/18 (e) | |||
(Cost $29,919,131) | 30,000,000 | 29,922,295 | |
Shares | Value | ||
Money Market Funds - 1.6% | |||
Fidelity Cash Central Fund, 1.97% (f) | 204,050,890 | 204,091,701 | |
Fidelity Securities Lending Cash Central Fund 1.98% (f)(g) | 150,936,663 | 150,951,757 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $355,059,667) | 355,043,458 | ||
TOTAL INVESTMENT IN SECURITIES - 100.3% | |||
(Cost $21,291,814,964) | 22,650,558,066 | ||
NET OTHER ASSETS (LIABILITIES) - (0.3)% | (65,949,534) | ||
NET ASSETS - 100% | $22,584,608,532 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
ICE E-mini MSCI EAFE Index Contracts (United States) | 4,132 | Sept. 2018 | $404,688,080 | $(8,347,935) | $(8,347,935) |
The notional amount of futures purchased as a percentage of Net Assets is 1.8%
Categorizations in the Schedule of Investments are based on country or territory of incorporation.
Legend
(a) Security or a portion of the security is on loan at period end.
(b) Non-income producing
(c) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $123,868,232 or 0.5% of net assets.
(d) Level 3 security
(e) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $16,651,009.
(f) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
(g) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $1,944,773 |
Fidelity Securities Lending Cash Central Fund | 1,939,407 |
Total | $3,884,180 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations if applicable.
Investment Valuation
The following is a summary of the inputs used, as of August 31, 2018, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
Investments in Securities: | ||||
Equities: | ||||
Consumer Discretionary | $2,733,123,354 | $1,859,469,486 | $873,653,868 | $-- |
Consumer Staples | 2,514,374,485 | 1,233,246,773 | 1,281,127,712 | -- |
Energy | 1,312,746,638 | 347,872,697 | 964,873,941 | -- |
Financials | 4,372,852,461 | 2,494,545,050 | 1,878,307,314 | 97 |
Health Care | 2,487,331,260 | 905,595,006 | 1,581,736,254 | -- |
Industrials | 3,211,736,883 | 2,303,826,945 | 907,909,938 | -- |
Information Technology | 1,561,187,597 | 920,107,510 | 641,080,087 | -- |
Materials | 1,779,969,094 | 1,300,508,098 | 479,460,996 | -- |
Real Estate | 771,991,222 | 771,991,222 | -- | -- |
Telecommunication Services | 812,342,944 | 177,283,695 | 635,059,249 | -- |
Utilities | 707,936,375 | 539,644,721 | 168,291,654 | -- |
Government Obligations | 29,922,295 | -- | 29,922,295 | -- |
Money Market Funds | 355,043,458 | 355,043,458 | -- | -- |
Total Investments in Securities: | $22,650,558,066 | $13,209,134,661 | $9,441,423,308 | $97 |
Derivative Instruments: | ||||
Liabilities | ||||
Futures Contracts | $(8,347,935) | $(8,347,935) | $-- | $-- |
Total Liabilities | $(8,347,935) | $(8,347,935) | $-- | $-- |
Total Derivative Instruments: | $(8,347,935) | $(8,347,935) | $-- | $-- |
The following is a summary of transfers between Level 1 and Level 2 for the period ended August 31, 2018. Transfers are assumed to have occurred at the beginning of the period, and are primarily attributable to the valuation techniques used for foreign equity securities, as discussed in the accompanying Notes to Financial Statements:
Transfers | Total |
Level 1 to Level 2 | $0 |
Level 2 to Level 1 | $11,974,779,136 |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of August 31, 2018. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
Equity Risk | ||
Futures Contracts(a) | $0 | $(8,347,935) |
Total Equity Risk | 0 | (8,347,935) |
Total Value of Derivatives | $0 | $(8,347,935) |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in net unrealized appreciation (depreciation).
See accompanying notes which are an integral part of the financial statements.
Fidelity® International Index Fund
Financial Statements
Statement of Assets and Liabilities
August 31, 2018 (Unaudited) | ||
Assets | ||
Investment in securities, at value (including securities loaned of $143,810,265) — See accompanying schedule: Unaffiliated issuers (cost $20,936,755,297) | $22,295,514,608 | |
Fidelity Central Funds (cost $355,059,667) | 355,043,458 | |
Total Investment in Securities (cost $21,291,814,964) | $22,650,558,066 | |
Foreign currency held at value (cost $9,389,568) | 9,374,129 | |
Receivable for investments sold | 21,154,910 | |
Receivable for fund shares sold | 86,695,821 | |
Dividends receivable | 119,882,506 | |
Interest receivable | 755 | |
Distributions receivable from Fidelity Central Funds | 429,863 | |
Other receivables | 502,818 | |
Total assets | 22,888,598,868 | |
Liabilities | ||
Payable for investments purchased | $120,830,384 | |
Payable for fund shares redeemed | 28,284,039 | |
Accrued management fee | 846,574 | |
Payable for daily variation margin on futures contracts | 2,572,691 | |
Other payables and accrued expenses | 502,574 | |
Collateral on securities loaned | 150,954,074 | |
Total liabilities | 303,990,336 | |
Net Assets | $22,584,608,532 | |
Net Assets consist of: | ||
Paid in capital | $21,009,193,241 | |
Undistributed net investment income | 455,329,330 | |
Accumulated undistributed net realized gain (loss) on investments and foreign currency transactions | (230,860,283) | |
Net unrealized appreciation (depreciation) on investments and assets and liabilities in foreign currencies | 1,350,946,244 | |
Net Assets | $22,584,608,532 | |
Investor Class: | ||
Net Asset Value, offering price and redemption price per share ($649,477,647 ÷ 15,403,731 shares) | $42.16 | |
Premium Class: | ||
Net Asset Value, offering price and redemption price per share ($11,358,808,943 ÷ 269,322,526 shares) | $42.18 | |
Institutional Class: | ||
Net Asset Value, offering price and redemption price per share ($3,330,609,833 ÷ 78,957,972 shares) | $42.18 | |
Institutional Premium Class: | ||
Net Asset Value, offering price and redemption price per share ($7,245,712,109 ÷ 171,777,693 shares) | $42.18 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
Six months ended August 31, 2018 (Unaudited) | ||
Investment Income | ||
Dividends | $518,850,327 | |
Interest | 225,469 | |
Income from Fidelity Central Funds (including $1,939,407 from security lending) | 3,884,180 | |
Income before foreign taxes withheld | 522,959,976 | |
Less foreign taxes withheld | (55,167,825) | |
Total income | 467,792,151 | |
Expenses | ||
Management fee | $5,099,480 | |
Transfer agent fees | 1,114,902 | |
Independent trustees' fees and expenses | 57,085 | |
Legal | 2,471 | |
Commitment fees | 31,511 | |
Total expenses before reductions | 6,305,449 | |
Expense reductions | (783) | |
Total expenses after reductions | 6,304,666 | |
Net investment income (loss) | 461,487,485 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | 227,111,721 | |
Fidelity Central Funds | (3,995) | |
Forward foreign currency contracts | 4,928,548 | |
Foreign currency transactions | (7,394,307) | |
Futures contracts | (16,738,216) | |
Total net realized gain (loss) | 207,903,751 | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | (1,122,922,263) | |
Fidelity Central Funds | (2,046) | |
Forward foreign currency contracts | (5,074,299) | |
Assets and liabilities in foreign currencies | (1,956,512) | |
Futures contracts | 8,590,640 | |
Total change in net unrealized appreciation (depreciation) | (1,121,364,480) | |
Net gain (loss) | (913,460,729) | |
Net increase (decrease) in net assets resulting from operations | $(451,973,244) |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
Six months ended August 31, 2018 (Unaudited) | Year ended February 28, 2018 | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net investment income (loss) | $461,487,485 | $535,604,110 |
Net realized gain (loss) | 207,903,751 | 446,692,138 |
Change in net unrealized appreciation (depreciation) | (1,121,364,480) | 2,377,357,685 |
Net increase (decrease) in net assets resulting from operations | (451,973,244) | 3,359,653,933 |
Distributions to shareholders from net investment income | (22,602,542) | (492,684,873) |
Distributions to shareholders from net realized gain | – | (29,746,994) |
Total distributions | (22,602,542) | (522,431,867) |
Share transactions - net increase (decrease) | 1,024,759,630 | 2,878,191,351 |
Total increase (decrease) in net assets | 550,183,844 | 5,715,413,417 |
Net Assets | ||
Beginning of period | 22,034,424,688 | 16,319,011,271 |
End of period | $22,584,608,532 | $22,034,424,688 |
Other Information | ||
Undistributed net investment income end of period | $455,329,330 | $16,444,387 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity International Index Fund Investor Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $43.08 | $36.88 | $32.81 | $39.75 | $41.19 | $35.31 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .85 | 1.08 | 1.06 | 1.11 | 1.13 | 1.35C |
Net realized and unrealized gain (loss) | (1.74) | 6.15 | 4.05 | (7.10) | (1.31) | 5.53 |
Total from investment operations | (.89) | 7.23 | 5.11 | (5.99) | (.18) | 6.88 |
Distributions from net investment income | (.03) | (.97) | (1.01) | (.95) | (1.26) | (.96) |
Distributions from net realized gain | – | (.06) | (.03) | – | – | (.04) |
Total distributions | (.03) | (1.03) | (1.04) | (.95) | (1.26) | (1.00) |
Redemption fees added to paid in capitalB | – | – | –D | –D | –D | –D |
Net asset value, end of period | $42.16 | $43.08 | $36.88 | $32.81 | $39.75 | $41.19 |
Total ReturnE,F | (2.07)% | 19.65% | 15.72% | (15.24)% | (.29)% | 19.66% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .14%I | .17% | .19% | .20% | .20% | .20% |
Expenses net of fee waivers, if any | .14%I | .17% | .19% | .20% | .20% | .20% |
Expenses net of all reductions | .14%I | .17% | .19% | .20% | .20% | .20% |
Net investment income (loss) | 3.98%I | 2.60% | 2.97% | 2.92% | 2.83% | 3.52%C |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $649,478 | $692,388 | $740,317 | $2,652,101 | $2,972,698 | $2,640,165 |
Portfolio turnover rateJ | 4%I,K | 2%K | 2% | 1%K | 1% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Net investment income per share reflects a large, non-recurring dividend which amounted to $.27 per share. Excluding this non-recurring dividend, the ratio of net investment income (loss) to average net assets would have been 2.82%.
D Amount represents less than $.005 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
K Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity International Index Fund Premium Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $43.08 | $36.88 | $32.82 | $39.76 | $41.20 | $35.31 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .87 | 1.12 | 1.10 | 1.14 | 1.17 | 1.38C |
Net realized and unrealized gain (loss) | (1.73) | 6.15 | 4.03 | (7.10) | (1.32) | 5.54 |
Total from investment operations | (.86) | 7.27 | 5.13 | (5.96) | (.15) | 6.92 |
Distributions from net investment income | (.04) | (1.01) | (1.04) | (.98) | (1.29) | (.99) |
Distributions from net realized gain | – | (.06) | (.03) | – | – | (.04) |
Total distributions | (.04) | (1.07) | (1.07) | (.98) | (1.29) | (1.03) |
Redemption fees added to paid in capitalB | – | – | –D | –D | –D | –D |
Net asset value, end of period | $42.18 | $43.08 | $36.88 | $32.82 | $39.76 | $41.20 |
Total ReturnE,F | (1.99)% | 19.77% | 15.80% | (15.17)% | (.21)% | 19.79% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .06%I | .07% | .11% | .17% | .17% | .17% |
Expenses net of fee waivers, if any | .06%I | .07% | .09% | .12% | .12% | .12% |
Expenses net of all reductions | .06%I | .07% | .09% | .12% | .12% | .12% |
Net investment income (loss) | 4.07%I | 2.70% | 3.07% | 3.00% | 2.91% | 3.60%C |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $11,358,809 | $11,462,486 | $8,719,903 | $7,677,907 | $8,304,964 | $7,201,814 |
Portfolio turnover rateJ | 4%I,K | 2%K | 2% | 1%K | 1% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Net investment income per share reflects a large, non-recurring dividend which amounted to $.27 per share. Excluding this non-recurring dividend, the ratio of net investment income (loss) to average net assets would have been 2.90%.
D Amount represents less than $.005 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
K Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity International Index Fund Institutional Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $43.09 | $36.89 | $32.82 | $39.76 | $41.20 | $35.31 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .87 | 1.13 | 1.11 | 1.16 | 1.18 | 1.40C |
Net realized and unrealized gain (loss) | (1.74) | 6.15 | 4.04 | (7.10) | (1.31) | 5.54 |
Total from investment operations | (.87) | 7.28 | 5.15 | (5.94) | (.13) | 6.94 |
Distributions from net investment income | (.04) | (1.02) | (1.05) | (1.00) | (1.31) | (1.01) |
Distributions from net realized gain | – | (.06) | (.03) | – | – | (.04) |
Total distributions | (.04) | (1.08) | (1.08) | (1.00) | (1.31) | (1.05) |
Redemption fees added to paid in capitalB | – | – | –D | –D | –D | –D |
Net asset value, end of period | $42.18 | $43.09 | $36.89 | $32.82 | $39.76 | $41.20 |
Total ReturnE,F | (2.01)% | 19.78% | 15.87% | (15.13)% | (.16)% | 19.85% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .05%I | .05% | .07% | .10% | .10% | .10% |
Expenses net of fee waivers, if any | .05%I | .05% | .06% | .07% | .07% | .07% |
Expenses net of all reductions | .05%I | .05% | .06% | .07% | .07% | .07% |
Net investment income (loss) | 4.08%I | 2.72% | 3.10% | 3.05% | 2.96% | 3.65%C |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $3,330,610 | $3,065,012 | $2,097,193 | $1,539,389 | $1,994,854 | $1,595,562 |
Portfolio turnover rateJ | 4%I,K | 2%K | 2% | 1%K | 1% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Net investment income per share reflects a large, non-recurring dividend which amounted to $.27 per share. Excluding this non-recurring dividend, the ratio of net investment income (loss) to average net assets would have been 2.95%.
D Amount represents less than $.005 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
K Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity International Index Fund Institutional Premium Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $43.09 | $36.88 | $32.82 | $39.76 | $41.20 | $35.31 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .87 | 1.13 | 1.11 | 1.16 | 1.19 | 1.41C |
Net realized and unrealized gain (loss) | (1.74) | 6.16 | 4.04 | (7.10) | (1.32) | 5.53 |
Total from investment operations | (.87) | 7.29 | 5.15 | (5.94) | (.13) | 6.94 |
Distributions from net investment income | (.04) | (1.02) | (1.06) | (1.00) | (1.31) | (1.01) |
Distributions from net realized gain | – | (.06) | (.03) | – | – | (.04) |
Total distributions | (.04) | (1.08) | (1.09) | (1.00) | (1.31) | (1.05) |
Redemption fees added to paid in capitalB | – | – | –D | –D | –D | –D |
Net asset value, end of period | $42.18 | $43.09 | $36.88 | $32.82 | $39.76 | $41.20 |
Total ReturnE,F | (2.01)% | 19.82% | 15.85% | (15.12)% | (.15)% | 19.86% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .05%I | .05% | .06% | .08% | .08% | .08% |
Expenses net of fee waivers, if any | .05%I | .05% | .05% | .06% | .06% | .06% |
Expenses net of all reductions | .05%I | .05% | .05% | .06% | .06% | .06% |
Net investment income (loss) | 4.08%I | 2.72% | 3.11% | 3.06% | 2.97% | 3.66%C |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $7,245,712 | $6,814,539 | $4,761,598 | $1,734,082 | $1,797,254 | $1,651,834 |
Portfolio turnover rateJ | 4%I,K | 2%K | 2% | 1%K | 1% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Net investment income per share reflects a large, non-recurring dividend which amounted to $.27 per share. Excluding this non-recurring dividend, the ratio of net investment income (loss) to average net assets would have been 2.96%.
D Amount represents less than $.005 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
K Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Notes to Financial Statements (Unaudited)
For the period ended August 31, 2018
1. Organization.
Fidelity Total Market Index Fund, Fidelity Extended Market Index Fund and Fidelity International Index Fund (the Funds) are funds of Fidelity Concord Street Trust (the Trust). Each Fund is authorized to issue an unlimited number of shares. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Massachusetts business trust. Fidelity Total Market Index Fund offers Investor Class, Premium Class, Institutional Class, Institutional Premium Class and Class F shares. Fidelity Extended Market Index Fund offers Investor Class, Premium Class and Institutional Premium Class shares. Fidelity International Index Fund offers Investor Class, Premium Class, Institutional Class and Institutional Premium Class shares, each of which has equal rights as to assets and voting privileges. Each class has exclusive voting rights with respect to matters that affect that class. Each Fund offers conversion privileges between share classes within each Fund to eligible shareholders. Class F shares of the Fund are only available for purchase by mutual funds for which Fidelity Management & Research Company (FMR) or an affiliate serves as investment manager.
2. Investments in Fidelity Central Funds.
The Funds invest in Fidelity Central Funds, which are open-end investment companies generally available only to other investment companies and accounts managed by the investment adviser and its affiliates. The Funds' Schedules of Investments list each of the Fidelity Central Funds held as of period end, if any, as an investment of each Fund, but do not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, each Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.
The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of the investment adviser. Annualized expenses of the Money Market Central Funds as of their most recent shareholder report date are less than .005%.
A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds are available on the SEC website or upon request.
3. Significant Accounting Policies.
Each Fund is an investment company and applies the accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services – Investments Companies. The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Subsequent events, if any, through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the Funds:
Investment Valuation. Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of each Fund's investments to the Fair Value Committee (the Committee) established by each Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, each Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees each Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing each Fund's investments and ratifies the fair value determinations of the Committee.
Each Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:
- Level 1 – quoted prices in active markets for identical investments
- Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
- Level 3 – unobservable inputs (including the Fund's own assumptions based on the best information available)
Valuation techniques used to value each Fund's investments by major category are as follows:
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. Utilizing these techniques may result in transfers between Level 1 and Level 2. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. U.S. government and government agency obligations are valued by pricing vendors who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy. Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. The aggregate value of investments by input level as of August 31, 2018, including information on transfers between Levels 1 and 2, is included at the end of each applicable Fund's Schedule of Investments.
Foreign Currency. Foreign-denominated assets, including investment securities, and liabilities are translated into U.S. dollars at the exchange rates at period end. Purchases and sales of investment securities, income and dividends received and expenses denominated in foreign currencies are translated into U.S. dollars at the exchange rate in effect on the transaction date.
The effects of exchange rate fluctuations on investments are included with the net realized and unrealized gain (loss) on investment securities. Other foreign currency transactions resulting in realized and unrealized gain (loss) are disclosed separately.
Realized gains and losses on foreign currency transactions arise from the disposition of foreign currency, realized changes in the value of foreign currency between the trade and settlement dates on security transactions, and the difference between the amounts of dividends, interest and foreign withholding taxes recorded on transaction date and the U.S. dollar equivalent of the amounts actually received or paid. Unrealized gains and losses on assets and liabilities in foreign currencies arise from changes in the value of foreign currency, and from assets and liabilities denominated in foreign currencies, other than investments, which are held at period end.
Investment Transactions and Income. For financial reporting purposes, the Funds' investment holdings and NAV include trades executed through the end of the last business day of the period. The NAV per share for processing shareholder transactions is calculated as of the close of business of the New York Stock Exchange (NYSE), normally 4:00 p.m. Eastern time and includes trades executed through the end of the prior business day. Gains and losses on securities sold are determined on the basis of identified cost and for certain Funds include proceeds received from litigation. Dividend income is recorded on the ex-dividend date, except for certain dividends from foreign securities where the ex-dividend date may have passed, which are recorded as soon as the Funds are informed of the ex-dividend date. Non-cash dividends included in dividend income, if any, are recorded at the fair market value of the securities received. Income and capital gain distributions from Fidelity Central Funds, if any, are recorded on the ex-dividend date. Certain distributions received by the Funds represent a return of capital or capital gain. The Funds determine the components of these distributions subsequent to the ex-dividend date, based upon receipt of tax filings or other correspondence relating to the underlying investment. These distributions are recorded as a reduction of cost of investments and/or as a realized gain. Interest income is accrued as earned and includes coupon interest and amortization of premium and accretion of discount on debt securities as applicable. Investment income is recorded net of foreign taxes withheld where recovery of such taxes is uncertain.
Class Allocations and Expenses. Investment income, realized and unrealized capital gains and losses, common expenses of each Fund, and certain fund-level expense reductions, if any, are allocated daily on a pro-rata basis to each class based on the relative net assets of each class to the total net assets of each Fund. Each class differs with respect to transfer agent fees incurred. Certain expense reductions may also differ by class. For the reporting period, the allocated portion of income and expenses to each class as a percent of its average net assets may vary due to the timing of recording these transactions in relation to fluctuating net assets of the classes. Expenses directly attributable to a fund are charged to that fund. Expenses attributable to more than one fund are allocated among the respective funds on the basis of relative net assets or other appropriate methods. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.
Deferred Trustee Compensation. Under a Deferred Compensation Plan (the Plan) for Fidelity Total Market Index Fund, Fidelity Extended Market Index Fund and Fidelity International Index Fund, certain independent Trustees have elected to defer receipt of a portion of their annual compensation. Deferred amounts are invested in a cross-section of Fidelity funds, are marked-to-market and remain in the Fund until distributed in accordance with the Plan. The investment of deferred amounts and the offsetting payable to the Trustees of $895,163 for Fidelity Total Market Index Fund, $487,612 for Fidelity Extended Market Index Fund and $502,818 for Fidelity International Index Fund, are included in the accompanying Statement of Assets and Liabilities in other receivables and other payables and accrued expenses, respectively.
Income Tax Information and Distributions to Shareholders. Each year, each Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code, including distributing substantially all of its taxable income and realized gains. As a result, no provision for U.S. Federal income taxes is required. Each Fund files a U.S. federal tax return, in addition to state and local tax returns as required. Each Fund's federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction. Foreign taxes are provided for based on each Fund's understanding of the tax rules and rates that exist in the foreign markets in which it invests.
Distributions are declared and recorded on the ex-dividend date. Income and capital gain distributions are declared separately for each class. Income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP.
Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Capital accounts are not adjusted for temporary book-tax differences which will reverse in a subsequent period.
Book-tax differences are primarily due to futures contracts, foreign currency transactions, passive foreign investment companies (PFIC), market discount, redemptions in kind, partnerships, deferred trustees compensation, capital loss carryforwards, expiring capital loss carryforwards, certain deemed distributions and losses deferred due to wash sales and excise tax regulations.
As of period end, the cost and unrealized appreciation (depreciation) in securities, and derivatives if applicable, for federal income tax purposes were as follows for each Fund:
Tax cost | Gross unrealized appreciation | Gross unrealized depreciation | Net unrealized appreciation (depreciation) | |
Fidelity Total Market Index | $36,663,095,452 | $25,491,640,385 | $(2,107,776,544) | $23,383,863,841 |
Fidelity Extended Market Index | 19,835,974,770 | 9,700,839,543 | (1,899,302,360) | 7,801,537,183 |
Fidelity International Index | 21,398,240,910 | 4,402,598,588 | (3,158,629,367) | 1,243,969,221 |
Capital loss carryforwards are only available to offset future capital gains of the Funds to the extent provided by regulations and may be limited. Under the Regulated Investment Company Modernization Act of 2010 (the Act), the Funds are permitted to carry forward capital losses incurred in taxable years beginning after December 22, 2010 for an unlimited period and such capital losses are required to be used prior to any losses that expire. The capital loss carryforward information presented below, including any applicable limitation, is estimated as of prior fiscal period end and is subject to adjustment.
Fiscal year of expiration | ||
2019 | Total with expiration | |
Fidelity International Index | $(49,793,394) | $(49,793,394) |
No expiration | ||||
Short-term | Long-term | Total no expiration | Total capital loss carryforward | |
Fidelity International Index | $(–) | $(288,964,540) | $(288,964,540) | $(338,757,934) |
Fidelity Extended Market Index intends to elect to defer to the next fiscal year $3,369,398 of capital losses recognized during the period November 1, 2017 to February 28, 2018.
Restricted Securities. The Funds may invest in securities that are subject to legal or contractual restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are registered. Disposal of these securities may involve time-consuming negotiations and expense, and prompt sale at an acceptable price may be difficult. Information regarding restricted securities is included at the end of each applicable Fund's Schedule of Investments.
4. Derivative Instruments.
Risk Exposures and the Use of Derivative Instruments. The Funds' investment objective allows the Funds to enter into various types of derivative contracts, including futures contracts and forward foreign currency contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.
The Funds used derivatives to increase returns and to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Funds may not achieve their objectives.
The Funds' use of derivatives increased or decreased their exposure to the following risks:
Equity Risk | Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment. |
Foreign Exchange Risk | Foreign exchange rate risk relates to fluctuations in the value of an asset or liability due to changes in currency exchange rates. |
The Funds are also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Funds will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Funds. Counterparty credit risk related to exchange-traded futures contracts may be mitigated by the protection provided by the exchange on which they trade.
Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received and amounts recognized in the Statement of Assets and Liabilities. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.
Net Realized Gain (Loss) and Change in Net Unrealized Appreciation (Depreciation) on Derivatives. The table below, which reflects the impacts of derivatives on the financial performance of the Funds, summarizes the net realized gain (loss) and change in net unrealized appreciation (depreciation) for derivatives during the period as presented in the Statement of Operations.
Primary Risk Exposure / Derivative Type | Net Realized Gain (Loss) | Change in Net Unrealized Appreciation (Depreciation) |
Fidelity Total Market Index | ||
Equity Risk | ||
Futures Contracts | $12,178,931 | $1,169,644 |
Total Equity Risk | 12,178,931 | 1,169,644 |
Totals | $12,178,931 | $1,169,644 |
Fidelity Extended Market Index | ||
Equity Risk | ||
Futures Contracts | $7,002,750 | $2,859,263 |
Total Equity Risk | 7,002,750 | 2,859,263 |
Totals | $7,002,750 | $2,859,263 |
Fidelity International Index | ||
Equity Risk | ||
Futures Contracts | $(16,738,216) | $8,590,640 |
Total Equity Risk | (16,738,216) | 8,590,640 |
Foreign Exchange Risk | ||
Forward Foreign Currency Contracts | $4,928,548 | $(5,074,299) |
Total Foreign Exchange Risk | 4,928,548 | (5,074,299) |
Totals | $(11,809,668) | $3,516,341 |
A summary of the value of derivatives by primary risk exposure as of period end, if any, is included at the end of the Schedule of Investments.
Forward Foreign Currency Contracts. Forward foreign currency contracts represent obligations to purchase or sell foreign currency on a specified future date at a price fixed at the time the contracts are entered into. Fidelity International Index used forward foreign currency contracts to facilitate transactions in foreign-denominated securities and to manage exposure to certain foreign currencies.
Forward foreign currency contracts are valued daily and fluctuations in exchange rates on open contracts are recorded as unrealized appreciation or (depreciation) and reflected in the Statement of Assets and Liabilities. When the contract is closed, Fidelity International Index realizes a gain or loss equal to the difference between the closing value and the value at the time it was opened. The net realized gain (loss) and change in net unrealized appreciation (depreciation) on forward foreign currency contracts during the period is presented in the Statement of Operations.
Any open forward foreign currency contracts at period end are presented in the Schedule of Investments under the caption "Forward Foreign Currency Contracts." The contract amount and unrealized appreciation (depreciation) reflects each contract's exposure to the underlying currency at period end.
Futures Contracts. A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a fixed price at a specified future date. The Funds used futures contracts to manage their exposure to the stock market.
Upon entering into a futures contract, a fund is required to deposit either cash or securities (initial margin) with a clearing broker in an amount equal to a certain percentage of the face value of the contract. Futures contracts are marked-to-market daily and subsequent daily payments (variation margin) are made or received by a fund depending on the daily fluctuations in the value of the futures contracts and are recorded as unrealized appreciation or (depreciation). This receivable and/or payable, if any, is included in daily variation margin on futures contracts in the Statement of Assets and Liabilities. Realized gain or (loss) is recorded upon the expiration or closing of a futures contract. The net realized gain (loss) and change in net unrealized appreciation (depreciation) on futures contracts during the period is presented in the Statement of Operations.
Any open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The notional amount at value reflects each contract's exposure to the underlying instrument or index at period end and is representative of volume of activity during the period. Securities deposited to meet initial margin requirements are identified in the Schedule of Investments. Cash deposited to meet initial margin requirements is presented as segregated cash with brokers for derivative instruments in the Statement of Assets and Liabilities.
5. Purchases and Sales of Investments.
Purchases and sales of securities, other than short-term securities and in-kind transactions, are noted in the table below.
Purchases ($) | Sales ($) | |
Fidelity Total Market Index | 5,281,197,368 | 1,222,963,702 |
Fidelity Extended Market Index | 1,975,320,321 | 1,233,997,705 |
Fidelity International Index | 2,245,645,365 | 395,870,657 |
Redemption In-Kind. Securities delivered in-kind through redemptions are noted in the table below. Realized gain (loss) on securities delivered in-kind through redemptions is included in each applicable Fund's accompanying Statement of Operations as realized gain or loss on investment securities and is not taxable to the Fund.
Value of securities | ||
Delivered | Realized gain (loss) | |
Fidelity Extended Market Index | $441,023,062 | $292,072,729 |
Fidelity International Index | $423,571,757 | $173,776,605 |
Prior Fiscal Year Exchanges In-Kind. During the prior period, investments and cash received in-kind through subscriptions totaled $172,362,566 in exchange for 4,418,420 shares of Fidelity International Index. The amount of in-kind exchanges is included in share transactions in the accompanying Notes to Financial Statements. The Fund recognized no gain or loss for federal income tax purposes.
6. Fees and Other Transactions with Affiliates.
Management Fee and Expense Contract. Fidelity Management & Research Company (the investment adviser) and its affiliates provide the Funds with investment management related services for which the Funds pay a monthly management fee. The management fee is based on an annual rate of .015% for Fidelity Total Market Index Fund and .045% for Fidelity Extended Market Index Fund and Fidelity International Index Fund's average net assets. Under the management contract, the investment adviser pays all other fund-level expenses, except the compensation of the independent Trustees and certain other expenses such as interest expense, including commitment fees.
Effective August 1, 2018, the Board approved an amendment to the expense contract. Under the expense contract, the investment adviser pays class-level expenses as necessary so that the total expenses do not exceed certain amounts of each class' average net assets on an annual basis with certain exceptions, as noted in the following table:
Investor Class | Premium Class | Institutional Class | Institutional Premium Class | Class F | |
Fidelity Total Market Index Fund | .015% | .015% | .015% | .015% | .015% |
Fidelity Extended Market Index Fund | .045% | .045% | n/a | .045% | n/a |
Fidelity International Index Fund | .045% | .045% | .045% | .045% | n/a |
Prior to August 1, 2018, the investment adviser paid class-level expenses as necessary so that the total expenses did not exceed certain amounts as noted in the following table:
Investor Class | Premium Class | Institutional Class | Institutional Premium Class | Class F | |
Fidelity Total Market Index Fund | .09% | .035% | .030% | .015% | .015% |
Fidelity Extended Market Index Fund | .10% | .07% | n/a | .045% | n/a |
Fidelity International Index Fund | .16% | .06% | .05% | .045% | n/a |
Sub-Adviser. Geode Capital Management, LLC (Geode), serves as sub-adviser for the Funds. Geode provides discretionary investment advisory services to the Funds and is paid by the investment adviser for providing these services.
Transfer Agent Fees. Fidelity Investments Institutional Operations Company, Inc. (FIIOC), an affiliate of the investment adviser, is the transfer, dividend disbursing and shareholder servicing agent for each class of the Funds. FIIOC receives transfer agent fees at annual rates based on class-level average net assets noted in the table below. FIIOC receives no fees for providing transfer agency services to Class F. FIIOC pays for typesetting, printing and mailing of shareholder reports, except proxy statements.
Effective August 1, 2018, under the amended expense contract, each class pays no transfer agent fees. Prior to August 1, 2018, each class paid all or a portion of the transfer agent fees at an annual rate based on class-level average net assets as noted in the following table:
Received by FIIOC | Paid by Class Prior to August 1, 2018 | |
Fidelity Total Market Index | ||
Investor Class | .075% | .075% |
Premium Class | .045% | .02% |
Institutional Class | .035% | .015% |
Institutional Premium Class | .015% | .00% |
Fidelity Extended Market Index | ||
Investor Class | .075% | .055% |
Premium Class | .045% | .025% |
Institutional Premium Class | .015% | .00% |
Fidelity International Index | ||
Investor Class | .21% | .115% |
Premium Class | .11% | .015% |
Institutional Class | .035% | .005% |
Institutional Premium Class | .015% | .00% |
For the period, the total transfer agent fees paid by each applicable class were as follows:
Amount | % of Class-Level Average Net Assets(a) | |
Fidelity Total Market Index | ||
Investor Class | $250,548 | .062 |
Premium Class | 2,334,574 | .016 |
Institutional Class | 217,748 | .012 |
Institutional Premium Class | – | – |
$2,802,870 | ||
Fidelity Extended Market Index | ||
Investor Class | $147,090 | .046 |
Premium Class | 1,938,048 | .021 |
Institutional Premium Class | – | – |
$2,085,138 | ||
Fidelity International Index | ||
Investor Class | $325,982 | .096 |
Premium Class | 721,499 | .013 |
Institutional Class | 67,421 | .004 |
Institutional Premium Class | – | – |
$1,114,902 |
(a) Annualized
Interfund Lending Program. Pursuant to an Exemptive Order issued by the SEC, the Funds, along with other registered investment companies having management contracts with Fidelity Management & Research Company (FMR) or other affiliated entities of FMR, may participate in an interfund lending program. This program provides an alternative credit facility allowing the funds to borrow from, or lend money to, other participating affiliated funds. At period end, Fidelity Total Market Index had no interfund loans outstanding. Each applicable fund's activity in this program during the period for which loans were outstanding was as follows:
Borrower or Lender | Average Loan Balance | Weighted Average Interest Rate | Interest Expense | |
Fidelity Total Market Index | Borrower | $34,077,875 | 2.15% | $16,268 |
Interfund Trades. The Funds may purchase from or sell securities to other Fidelity Funds under procedures adopted by the Board. The procedures have been designed to ensure these interfund trades are executed in accordance with Rule 17a-7 of the 1940 Act. Interfund trades are included within the respective purchases and sales amounts shown in the Purchases and Sales of Investments note.
Other. During the period, the investment adviser reimbursed the Fidelity International Index Fund for certain losses in the amount of $4,018.
Prior Fiscal Year Redemption In-Kind. During the prior period, 14,197,390 shares of Fidelity International Index Fund held by an affiliated entity were redeemed in-kind for investments and cash with a value of $621,987,635. The Fund had a net realized gain of $320,859,246 on investments delivered through in-kind redemptions. The amount of the in-kind redemptions is included in share transactions in the Notes to Financial Statements. The Fund recognized no gain or loss for federal income tax purposes.
7. Committed Line of Credit.
Certain Funds participate with other funds managed by the investment adviser or an affiliate in a $4.25 billion credit facility (the "line of credit") to be utilized for temporary or emergency purposes to fund shareholder redemptions or for other short-term liquidity purposes. The participating funds have agreed to pay commitment fees on their pro-rata portion of the line of credit, which are reflected in Commitment fees on the Statement of Operations, and are as follows:
Fidelity Total Market Index | $71,142 |
Fidelity Extended Market Index | 30,258 |
Fidelity International Index | 31,511 |
During the period, the Funds did not borrow on this line of credit.
8. Security Lending.
Certain Funds lend portfolio securities through a lending agent from time to time in order to earn additional income. For equity securities, a lending agent is used and may loan securities to certain qualified borrowers, including Fidelity Capital Markets (FCM), a broker-dealer affiliated with the Funds. On the settlement date of the loan, each applicable Fund receives collateral (in the form of U.S. Treasury obligations, letters of credit and/or cash) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of the loaned securities during the period of the loan. The market value of the loaned securities is determined at the close of business of the Funds and any additional required collateral is delivered to the Funds on the next business day. The Funds or borrower may terminate the loan at any time, and if the borrower defaults on its obligation to return the securities loaned because of insolvency or other reasons, the Funds may apply collateral received from the borrower against the obligation. The Funds may experience delays and costs in recovering the securities loaned. Any cash collateral received is invested in the Fidelity Securities Lending Cash Central Fund. The value of loaned securities and cash collateral at period end are disclosed on each applicable Fund's Statement of Assets and Liabilities. At period end, there were no security loans outstanding with FCM. Security lending income represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium payments received for lending certain types of securities. Security lending income is presented on each applicable Fund's Statement of Operations as a component of income from Fidelity Central Funds. FCM security lending activity was as follows:
Security Lending Income From Securities Loaned to FCM | Value of Securities Loaned to FCM at Period End | |
Fidelity Total Market Index | $165,990 | $8,158,306 |
Fidelity Extended Market Index | $531,991 | $18,949,108 |
Fidelity International Index | $48 | $– |
9. Expense Reductions.
Through arrangements with each applicable Fund's custodian, credits realized as a result of certain uninvested cash balances were used to reduce each applicable Fund's expenses as noted in the table below.
Management fee reduction | |
Fidelity Total Market Index | $6,402 |
Fidelity Extended Market Index | 9,943 |
Fidelity International Index | 783 |
10. Distributions to Shareholders.
Distributions to shareholders of each class were as follows:
Six months ended August 31, 2018 | Year ended February 28, 2018 | |
Fidelity Total Market Index | ||
From net investment income | ||
Investor Class | $2,478,522 | $12,586,670 |
Premium Class | 89,860,399 | 435,270,799 |
Institutional Class | 10,965,878 | 44,873,287 |
Institutional Premium Class | 20,946,671 | 94,317,041 |
Class F | 42,774,264 | 191,676,053 |
Total | $167,025,734 | $778,723,850 |
From net realized gain | ||
Investor Class | $164,548 | $5,321,710 |
Premium Class | 5,694,270 | 177,589,449 |
Institutional Class | 692,013 | 18,221,313 |
Institutional Premium Class | 1,305,698 | 37,888,601 |
Class F | 2,666,205 | 76,838,875 |
Total | $10,522,734 | $315,859,948 |
Fidelity Extended Market Index | ||
From net investment income | ||
Investor Class | $503,933 | $9,206,140 |
Premium Class | 16,357,102 | 220,109,370 |
Institutional Premium Class | 2,940,235 | 35,451,606 |
Total | $19,801,270 | $264,767,116 |
From net realized gain | ||
Investor Class | $– | $32,438,665 |
Premium Class | – | 743,291,615 |
Institutional Premium Class | – | 115,941,684 |
Total | $– | $891,671,964 |
Fidelity International Index | ||
From net investment income | ||
Investor Class | $493,861 | $15,703,123 |
Premium Class | 11,498,487 | 258,467,735 |
Institutional Class | 3,239,034 | 65,473,787 |
Institutional Premium Class | 7,371,160 | 153,040,228 |
Total | $22,602,542 | $492,684,873 |
From net realized gain | ||
Investor Class | $– | $986,439 |
Premium Class | – | 15,621,751 |
Institutional Class | – | 3,939,343 |
Institutional Premium Class | – | 9,199,461 |
Total | $ - | $29,746,994 |
11. Share Transactions.
Share transactions for each class were as follows and may contain automatic conversions between classes or exchanges between affiliated funds:
Shares | Shares | Dollars | Dollars | |
Six months ended August 31, 2018 | Year ended February 28, 2018 | Six months ended August 31, 2018 | Year ended February 28, 2018 | |
Fidelity Total Market Index | ||||
Investor Class | ||||
Shares sold | 2,723,117 | 6,491,579 | $215,950,096 | $473,077,417 |
Reinvestment of distributions | 32,797 | 227,908 | 2,485,299 | 16,995,879 |
Shares redeemed | (2,348,254) | (7,266,119) | (185,589,293) | (529,723,284) |
Net increase (decrease) | 407,660 | (546,632) | $32,846,102 | $(39,649,988) |
Premium Class | ||||
Shares sold | 26,131,870 | 59,682,692 | $2,068,764,384 | $4,353,636,860 |
Reinvestment of distributions | 1,130,172 | 7,372,266 | 85,644,406 | 550,334,111 |
Shares redeemed | (22,803,631) | (54,136,097) | (1,811,868,466) | (3,981,489,838) |
Net increase (decrease) | 4,458,411 | 12,918,861 | $342,540,324 | $922,481,133 |
Institutional Class | ||||
Shares sold | 5,818,678 | 17,997,705 | $457,907,605 | $1,330,831,506 |
Reinvestment of distributions | 129,741 | 732,368 | 9,830,506 | 54,656,693 |
Shares redeemed | (4,146,204) | (9,961,881) | (329,560,409) | (724,114,212) |
Net increase (decrease) | 1,802,215 | 8,768,192 | $138,177,702 | $661,373,987 |
Institutional Premium Class | ||||
Shares sold | 41,528,589 | 19,386,022 | $3,272,627,679 | $1,424,547,920 |
Reinvestment of distributions | 293,720 | 1,770,295 | 22,252,243 | 132,205,306 |
Shares redeemed | (15,030,904) | (10,876,497) | (1,189,211,901) | (794,477,913) |
Net increase (decrease) | 26,791,405 | 10,279,820 | $2,105,668,021 | $762,275,313 |
Class F | ||||
Shares sold | 20,340,963 | 36,022,682 | $1,589,711,870 | $2,617,551,668 |
Reinvestment of distributions | 599,637 | 3,591,887 | 45,440,469 | 268,514,928 |
Shares redeemed | (11,463,696) | (10,934,635) | (914,968,981) | (823,156,173) |
Net increase (decrease) | 9,476,904 | 28,679,934 | $720,183,358 | $2,062,910,423 |
Fidelity Extended Market Index | ||||
Investor Class | ||||
Shares sold | 1,373,116 | 3,991,694 | $90,082,194 | $239,037,979 |
Reinvestment of distributions | 7,831 | 675,931 | 488,757 | 40,774,046 |
Shares redeemed | (2,828,947) | (7,533,841) | (181,683,394) | (452,172,226) |
Net increase (decrease) | (1,448,000) | (2,866,216) | $(91,112,443) | $(172,360,201) |
Premium Class | ||||
Shares sold | 28,969,680 | 63,342,564 | $1,894,979,803 | $3,816,914,744 |
Reinvestment of distributions | 249,891 | 15,232,360 | 15,595,685 | 921,328,809 |
Shares redeemed | (25,524,578) | (72,724,257) | (1,674,802,147) | (4,378,600,164) |
Net increase (decrease) | 3,694,993 | 5,850,667 | $235,773,341 | $359,643,389 |
Institutional Premium Class | ||||
Shares sold | 4,003,539 | 17,002,258 | $261,902,230 | $1,011,348,990 |
Reinvestment of distributions | 47,126 | 2,498,579 | 2,940,213 | 151,393,120 |
Shares redeemed | (11,106,133)(a) | (9,306,004) | (737,477,469)(a) | (554,308,152) |
Net increase (decrease) | (7,055,468) | 10,194,833 | $(472,635,026) | $608,433,958 |
Fidelity International Index | ||||
Investor Class | ||||
Shares sold | 2,315,466 | 9,622,744 | $99,195,737 | $397,671,186 |
Reinvestment of distributions | 10,462 | 369,295 | 453,026 | 15,632,929 |
Shares redeemed | (2,995,572) | (13,994,223) | (128,128,436) | (573,236,825) |
Net increase (decrease) | (669,644) | (4,002,184) | $(28,479,673) | $(159,932,710) |
Premium Class | ||||
Shares sold | 32,905,277 | 82,469,511 | $1,408,529,530 | $3,438,872,823 |
Reinvestment of distributions | 243,147 | 5,894,175 | 10,528,255 | 249,347,695 |
Shares redeemed | (29,883,554) | (58,740,308) | (1,278,027,623) | (2,455,289,015) |
Net increase (decrease) | 3,264,870 | 29,623,378 | $141,030,162 | $1,232,931,503 |
Institutional Class | ||||
Shares sold | 17,212,177 | 40,718,664 | $736,693,769 | $1,697,292,859 |
Reinvestment of distributions | 69,194 | 1,587,399 | 2,996,108 | 67,153,832 |
Shares redeemed | (9,455,846) | (28,030,811) | (404,254,288) | (1,191,741,771) |
Net increase (decrease) | 7,825,525 | 14,275,252 | $335,435,589 | $572,704,920 |
Institutional Premium Class | ||||
Shares sold | 40,779,080 | 81,804,104(b) | $1,735,731,588 | $3,495,868,171(b) |
Reinvestment of distributions | 169,572 | 3,827,749 | 7,342,489 | 161,918,344 |
Shares redeemed | (27,327,845)(a) | (56,573,887)(c) | (1,166,300,525)(a) | (2,425,298,877)(c) |
Net increase (decrease) | 13,620,807 | 29,057,966 | $576,773,552 | $1,232,487,638 |
(a) Amount includes in-kind redemptions (see the Redemptions In-Kind note for additional details).
(b) Amount includes in-kind exchanges (see the Prior Fiscal Year Exchanges In-Kind note for additional details).
(c) Amount includes in-kind redemptions (see the Prior Fiscal Year Redemptions In-Kind note for additional details).
12. Other.
The Funds' organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the Funds. In the normal course of business, the Funds may also enter into contracts that provide general indemnifications. The Funds' maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against the Funds. The risk of material loss from such claims is considered remote.
At the end of the period, mutual funds managed by the investment adviser or its affiliates were the owners of record, in the aggregate, of approximately 26% of the total outstanding shares of the Fidelity Total Market Index Fund.
Shareholder Expense Example
As a shareholder of a Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs, including management fees and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in the Funds and to compare these costs with the ongoing costs of investing in other mutual funds.
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (March 1, 2018 to August 31, 2018).
Actual Expenses
The first line of the accompanying table for each class of each Fund provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000.00 (for example, an $8,600 account value divided by $1,000.00 = 8.6), then multiply the result by the number in the first line for a class of the Fund under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee, which was eliminated effective August 1, 2018, is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, each Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in each Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Hypothetical Example for Comparison Purposes
The second line of the accompanying table for each class of each Fund provides information about hypothetical account values and hypothetical expenses based on a Class' actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not a Class' actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee, which was eliminated effective August 1, 2018, is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, each Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in each Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds.
Annualized Expense Ratio-A | Beginning Account Value March 1, 2018 | Ending Account Value August 31, 2018 | Expenses Paid During Period-B March 1, 2018 to August 31, 2018 | |
Fidelity Total Market Index | ||||
Investor Class | .08% | |||
Actual | $1,000.00 | $1,088.50 | $.42* | |
Hypothetical-C | $1,000.00 | $1,024.80 | $.41* | |
Premium Class | .03% | |||
Actual | $1,000.00 | $1,088.70 | $.16 | |
Hypothetical-C | $1,000.00 | $1,025.05 | $.15 | |
Institutional Class | .03% | |||
Actual | $1,000.00 | $1,088.70 | $.16 | |
Hypothetical-C | $1,000.00 | $1,025.05 | $.15 | |
Institutional Premium Class | .02% | |||
Actual | $1,000.00 | $1,088.90 | $.11 | |
Hypothetical-C | $1,000.00 | $1,025.10 | $.10 | |
Class F | .02% | |||
Actual | $1,000.00 | $1,088.70 | $.11 | |
Hypothetical-C | $1,000.00 | $1,025.10 | $.10 | |
Fidelity Extended Market Index | ||||
Investor Class | .09% | |||
Actual | $1,000.00 | $1,133.50 | $.48* | |
Hypothetical-C | $1,000.00 | $1,024.75 | $.46* | |
Premium Class | .07% | |||
Actual | $1,000.00 | $1,133.60 | $.38 | |
Hypothetical-C | $1,000.00 | $1,024.85 | $.36 | |
Institutional Premium Class | .05% | |||
Actual | $1,000.00 | $1,133.70 | $.27 | |
Hypothetical-C | $1,000.00 | $1,024.95 | $.26 | |
Fidelity International Index | ||||
Investor Class | .14% | |||
Actual | $1,000.00 | $979.30 | $.70* | |
Hypothetical-C | $1,000.00 | $1,024.50 | $.71* | |
Premium Class | .06% | |||
Actual | $1,000.00 | $980.10 | $.30 | |
Hypothetical-C | $1,000.00 | $1,024.90 | $.31 | |
Institutional Class | .05% | |||
Actual | $1,000.00 | $979.90 | $.25 | |
Hypothetical-C | $1,000.00 | $1,024.95 | $.26 | |
Institutional Premium Class | .05% | |||
Actual | $1,000.00 | $979.90 | $.25 | |
Hypothetical-C | $1,000.00 | $1,024.95 | $.26 |
A Annualized expense ratio reflects expenses net of applicable fee waivers.
B Expenses are equal to each Class' annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/ 365 (to reflect the one-half year period).
C 5% return per year before expenses
* If fees and changes to the class level expense contract and/or expense cap, effective August 1, 2018 had been in effect for the entire current period, the restated annualized expense ratio and the expenses paid in the actual and hypothetical examples above would have been as shown in the table below:
Annualized Expense Ratio(a) | Expenses Paid | |
Fidelity Total Market Index | ||
Investor Class | .02% | |
Actual | $.11 | |
Hypothetical(b) | $.10 | |
Fidelity Extended Market Index | ||
Investor Class | .05% | |
Actual | $.27 | |
Hypothetical(b) | $.26 | |
Fidelity International Index | ||
Investor Class | .05% | |
Actual | $.25 | |
Hypothetical(b) | $.26 |
(a) Annualized expense ratio reflects expenses net of applicable fee waivers.
(b) 5% return per year before expenses
Board Approval of Investment Advisory Contracts
Fidelity Extended Market Index Fund
Fidelity International Index Fund
Fidelity Total Market Index Fund
At its July 2018 meeting, the Board of Trustees, including the Independent Trustees (together, the Board), voted to continue the management contracts with Fidelity Management & Research Company (FMR) and the sub-advisory agreements with Geode Capital Management, LLC (Geode) (together, the Advisory Contracts) for the funds for six months through January 31, 2019, in connection with the reunification of the Fidelity Equity High Income Funds Board, which oversees the funds, and the Sector Portfolios Board.
The Board also approved an amendment to the sub-advisory agreements with Geode for Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund (the Amended Contracts) to decrease the sub-advisory fee rate paid by FMR to Geode, on behalf of each fund, by 2.00 basis points and 1.00 basis point, respectively. The Board, assisted by the advice of fund counsel and Independent Trustees' counsel, considered a range of information.
The Board considered that the approval of the funds' Advisory Contracts will not result in any changes in (i) the investment process or strategies employed in the management of the funds' assets; (ii) the fees and expenses paid by shareholders; (iii) the nature, extent or quality of services provided under the funds' Advisory Contracts; or (iv) the day-to-day management of each fund or the persons primarily responsible for such management.
In its review of the proposed sub-advisory fee rate under the Amended Contracts, the Board considered that the proposed fee rate is lower by 2.00 basis points and 1.00 basis point for Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund, respectively, than the current sub-advisory fee rate for each fund. The Board noted that FMR, and not the funds, pays the sub-advisory fee out of its management fee. The Board considered that the Amended Contracts will not result in any changes to the current management fee rate under the funds' management contracts with FMR. The Board also considered that FMR will retain its obligation to pay fund-level operating expenses for Fidelity Extended Market Index fund and Fidelity Total Index Fund, with certain limited exceptions, under the funds' management contracts.
The Board considered that the contractual arrangements for each fund that oblige FMR to pay all "class-level" expenses of each class of the fund to the extent necessary to limit total expenses, with certain exceptions, were being set at 0.015% for all classes for Fidelity Total Market Index Fund and 0.045% for all classes of Fidelity Extended Market Index Fund and Fidelity International Index Fund.
The Board concluded that the funds' Advisory Contracts are fair and reasonable, and that the funds' Advisory Contracts should be renewed, without modification (except as noted above for Fidelity Extended Market Index Fund's and Fidelity Total Market Index Fund's sub-advisory contracts with Geode), through January 31, 2019, with the understanding that the Board will consider the annual renewal for a full one year period in January 2019.
In connection with its consideration of future renewals of the funds' Advisory Contracts, the Board will consider: (i) the nature, extent and quality of services provided to the funds, including shareholder and administrative services and investment performance; (ii) the competitiveness of the management fee and total expenses for each fund; (iii) the costs of the services and profitability, including the revenues earned and the expenses incurred in conducting the business of developing, marketing, distributing, managing, administering, and servicing each fund and its shareholders, to the extent applicable, as well as potential fall-out benefits from Fidelity's non-fund businesses; and (iv) whether there have been economies of scale in respect of the Fidelity funds, whether the Fidelity funds (including the funds) have appropriately benefited from any such economies of scale, and whether there is the potential for realization of any further economies. Because the Board was approving an arrangement under which the fees were being reduced, the Board did not consider FMR's or Geode's costs of services, revenues, or profitability to be significant factors in its decision to approve the Amended Contracts. In connection with its approval of the Amended Contracts, the Board did not consider economies of scale to be a significant factor in its decision to approve the agreement because FMR will continue to contractually limit fund expenses.
Based on its evaluation of all of the conclusions noted above, and after considering all factors it believed relevant, the Board ultimately concluded that the funds' management fee structures are fair and reasonable, and that the Amended Contacts for Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund and the continuation of the funds' Advisory Contracts should be approved.
SIF-SANN-1018
1.707985.120
Fidelity® Total Market Index Fund Fidelity® Extended Market Index Fund Fidelity® International Index Fund Semi-Annual Report August 31, 2018 |
Contents
Fidelity® Total Market Index Fund | |
Fidelity® Extended Market Index Fund | |
Fidelity® International Index Fund | |
To view a fund's proxy voting guidelines and proxy voting record for the 12-month period ended June 30, visit http://www.fidelity.com/proxyvotingresults or visit the Securities and Exchange Commission's (SEC) web site at http://www.sec.gov.
You may also call 1-800-544-8544 to request a free copy of the proxy voting guidelines.
The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The prospectus contains a more detailed description of the limited relationship MSCI has with Fidelity and any related funds.
Standard & Poor's, S&P and S&P 500 are registered service marks of The McGraw-Hill Companies, Inc. and have been licensed for use by Fidelity Distributors Corporation.
Other third-party marks appearing herein are the property of their respective owners.
All other marks appearing herein are registered or unregistered trademarks or service marks of FMR LLC or an affiliated company. © 2018 FMR LLC. All rights reserved.
This report and the financial statements contained herein are submitted for the general information of the shareholders of the Funds. This report is not authorized for distribution to prospective investors in the Funds unless preceded or accompanied by an effective prospectus.
A fund files its complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. Forms N-Q are available on the SEC’s web site at http://www.sec.gov. A fund's Forms N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information regarding the operation of the SEC's Public Reference Room may be obtained by calling 1-800-SEC-0330.
For a complete list of a fund's portfolio holdings, view the most recent holdings listing, semiannual report, or annual report on Fidelity's web site at http://www.fidelity.com, http://www.institutional.fidelity.com, or http://www.401k.com, as applicable.
NOT FDIC INSURED •MAY LOSE VALUE •NO BANK GUARANTEE
Neither the Funds nor Fidelity Distributors Corporation is a bank.
Notes to shareholders:
In July, the Board of Trustees approved a proposal to consolidate the Fund’s publicly offered share classes into a single share class. The consolidation will take place in November, and the surviving class name will be Fidelity Total Market Index. The changes will not impact how the Fund is managed. As part of this initiative, effective August 1, 2018, the Board of Trustees approved a change in the expense contract limiting the total expenses paid by each class, with certain exceptions, to .015% of each class’ average net assets on an annual basis. Also, purchase minimums and eligibility requirements were removed.
In July, the Board of Trustees approved a proposal to consolidate the Fund’s share classes into a single share class. The consolidation will take place in November, and the surviving class name will be Fidelity Extended Market Index. The changes will not impact how the Fund is managed. As part of this initiative, effective August 1, 2018, the Board of Trustees approved a change in the expense contract limiting the total expenses paid by each class, with certain exceptions, to .045% of each class’ average net assets on an annual basis. Also, purchase minimums and eligibility requirements were removed.
In July, the Board of Trustees approved a proposal to consolidate the Fund’s share classes into a single share class. The consolidation will take place in November, and the surviving class name will be Fidelity International Index. The changes will not impact how the Fund is managed. As part of this initiative, effective August 1, 2018, the Board of Trustees approved a change in the expense contract limiting the total expenses paid by each class, with certain exceptions, to .045% of each class’ average net assets on an annual basis. Also, purchase minimums and eligibility requirements were removed.
Fidelity® Total Market Index Fund
Investment Summary (Unaudited)
Top Ten Stocks as of August 31, 2018
% of fund's net assets | |
Apple, Inc. | 3.7 |
Microsoft Corp. | 2.9 |
Amazon.com, Inc. | 2.7 |
Facebook, Inc. Class A | 1.4 |
Berkshire Hathaway, Inc. Class B | 1.4 |
JPMorgan Chase & Co. | 1.3 |
Alphabet, Inc. Class C | 1.3 |
Alphabet, Inc. Class A | 1.2 |
Johnson & Johnson | 1.2 |
Exxon Mobil Corp. | 1.1 |
18.2 |
Top Market Sectors as of August 31, 2018
% of fund's net assets | |
Information Technology | 25.3 |
Health Care | 14.2 |
Financials | 14.2 |
Consumer Discretionary | 13.1 |
Industrials | 10.3 |
Consumer Staples | 6.0 |
Energy | 5.6 |
Real Estate | 3.6 |
Materials | 2.9 |
Utilities | 2.8 |
Fidelity® Total Market Index Fund
Schedule of Investments August 31, 2018 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 99.7% | |||
Shares | Value | ||
CONSUMER DISCRETIONARY - 13.1% | |||
Auto Components - 0.3% | |||
Adient PLC (a) | 181,691 | $7,865,403 | |
American Axle & Manufacturing Holdings, Inc. (b) | 188,109 | 3,331,410 | |
Aptiv PLC | 510,121 | 44,895,749 | |
Autoliv, Inc. (a) | 165,669 | 14,759,451 | |
BorgWarner, Inc. | 386,356 | 16,910,802 | |
CDTi Advanced Materials, Inc. (a)(b) | 8,475 | 3,221 | |
Cooper Tire & Rubber Co. (a) | 104,300 | 3,009,055 | |
Cooper-Standard Holding, Inc. (b) | 32,523 | 4,502,159 | |
Dana Holding Corp. | 270,404 | 5,291,806 | |
Delphi Technologies PLC | 171,828 | 6,053,500 | |
Dorman Products, Inc. (a)(b) | 61,275 | 4,962,050 | |
Fox Factory Holding Corp. (b) | 77,770 | 5,136,709 | |
Gentex Corp. | 532,304 | 12,445,268 | |
Gentherm, Inc. (b) | 78,354 | 3,855,017 | |
Hertz Global Holdings, Inc. (a)(b) | 158,981 | 2,799,655 | |
Horizon Global Corp. (a)(b) | 41,718 | 323,732 | |
LCI Industries | 49,871 | 4,635,509 | |
Lear Corp. | 125,595 | 20,371,509 | |
Modine Manufacturing Co. (b) | 92,466 | 1,558,052 | |
Motorcar Parts of America, Inc. (a)(b) | 32,435 | 860,825 | |
Shiloh Industries, Inc. (b) | 23,634 | 212,233 | |
Standard Motor Products, Inc. | 42,212 | 2,143,103 | |
Stoneridge, Inc. (b) | 60,173 | 1,800,978 | |
Strattec Security Corp. | 4,334 | 148,656 | |
Superior Industries International, Inc. | 39,790 | 863,443 | |
Sypris Solutions, Inc. (b) | 16,848 | 26,957 | |
Tenneco, Inc. | 96,642 | 4,135,311 | |
The Goodyear Tire & Rubber Co. | 462,748 | 10,499,752 | |
Tower International, Inc. | 37,453 | 1,265,911 | |
UQM Technologies, Inc. (a)(b) | 38,648 | 46,378 | |
Veoneer, Inc. (a)(b) | 173,291 | 8,654,153 | |
Visteon Corp. (b) | 57,388 | 6,335,061 | |
VOXX International Corp. (b) | 39,260 | 212,004 | |
Workhorse Group, Inc. (a)(b) | 43,808 | 44,684 | |
199,959,506 | |||
Automobiles - 0.5% | |||
Ford Motor Co. | 7,565,984 | 71,725,528 | |
General Motors Co. | 2,461,659 | 88,742,807 | |
Harley-Davidson, Inc. | 318,145 | 13,559,340 | |
REV Group, Inc. (a) | 55,706 | 947,559 | |
Tesla, Inc. (a)(b) | 259,511 | 78,284,088 | |
Thor Industries, Inc. | 95,137 | 9,079,875 | |
Winnebago Industries, Inc. | 53,916 | 1,992,196 | |
264,331,393 | |||
Distributors - 0.1% | |||
Core-Mark Holding Co., Inc. | 91,667 | 3,278,929 | |
Educational Development Corp. | 5,732 | 68,784 | |
Genuine Parts Co. | 285,754 | 28,532,537 | |
LKQ Corp. (b) | 602,544 | 20,799,819 | |
Pool Corp. | 79,418 | 13,045,201 | |
Weyco Group, Inc. | 6,395 | 226,831 | |
65,952,101 | |||
Diversified Consumer Services - 0.2% | |||
Adtalem Global Education, Inc. (b) | 121,167 | 5,797,841 | |
American Public Education, Inc. (b) | 34,036 | 1,182,751 | |
Ascent Capital Group, Inc. (b) | 16,905 | 34,655 | |
Bridgepoint Education, Inc. (b) | 52,176 | 613,590 | |
Bright Horizons Family Solutions, Inc. (b) | 115,034 | 13,738,511 | |
Cambium Learning Group, Inc. (b) | 26,588 | 355,747 | |
Career Education Corp. (b) | 119,651 | 1,908,433 | |
Carriage Services, Inc. | 24,048 | 547,573 | |
Chegg, Inc. (a)(b) | 166,149 | 5,379,905 | |
Collectors Universe, Inc. | 6,416 | 95,791 | |
Graham Holdings Co. | 8,988 | 5,057,098 | |
Grand Canyon Education, Inc. (b) | 92,016 | 10,962,786 | |
H&R Block, Inc. | 401,847 | 10,873,980 | |
Houghton Mifflin Harcourt Co. (b) | 207,270 | 1,336,892 | |
K12, Inc. (b) | 75,246 | 1,246,074 | |
Laureate Education, Inc. Class A (b) | 118,560 | 1,893,403 | |
Lincoln Educational Services Corp. (b) | 15,671 | 34,476 | |
National American University Holdings, Inc. | 5,378 | 4,733 | |
Regis Corp. (b) | 65,150 | 1,393,559 | |
Service Corp. International | 355,312 | 14,908,892 | |
ServiceMaster Global Holdings, Inc. (b) | 263,570 | 15,885,364 | |
Sotheby's Class A (Ltd. vtg.) (a)(b) | 77,436 | 3,718,477 | |
Strategic Education, Inc. | 40,901 | 5,675,832 | |
Universal Technical Institute, Inc. (b) | 29,419 | 80,020 | |
Weight Watchers International, Inc. (a)(b) | 70,718 | 5,296,778 | |
Xpresspa Group, Inc. (b) | 9,862 | 1,702 | |
108,024,863 | |||
Hotels, Restaurants & Leisure - 1.9% | |||
ARAMARK Holdings Corp. | 479,975 | 19,717,373 | |
Belmond Ltd. Class A (b) | 165,347 | 2,769,562 | |
BFC Financial Corp. Class A | 157,194 | 1,167,951 | |
Biglari Holdings, Inc. (b) | 247 | 236,656 | |
Biglari Holdings, Inc. (b) | 2,475 | 488,936 | |
BJ's Restaurants, Inc. | 35,904 | 2,717,933 | |
Bloomin' Brands, Inc. | 181,456 | 3,502,101 | |
Bojangles', Inc. (a)(b) | 34,765 | 507,569 | |
Boyd Gaming Corp. | 160,056 | 5,829,240 | |
Brinker International, Inc. | 86,305 | 3,821,585 | |
Caesars Entertainment Corp. (a)(b) | 273,134 | 2,785,967 | |
Carnival Corp. | 783,753 | 48,192,972 | |
Carrols Restaurant Group, Inc. (b) | 61,598 | 973,248 | |
Century Casinos, Inc. (b) | 44,390 | 355,120 | |
Chipotle Mexican Grill, Inc. (b) | 47,391 | 22,519,255 | |
Choice Hotels International, Inc. | 75,738 | 5,911,351 | |
Churchill Downs, Inc. | 21,746 | 6,145,420 | |
Chuy's Holdings, Inc. (a)(b) | 33,149 | 959,664 | |
Cracker Barrel Old Country Store, Inc. (a) | 45,340 | 6,759,741 | |
Darden Restaurants, Inc. | 238,981 | 27,731,355 | |
Dave & Buster's Entertainment, Inc. (b) | 73,713 | 4,287,885 | |
Del Frisco's Restaurant Group, Inc. (b) | 76,669 | 724,522 | |
Del Taco Restaurants, Inc. (b) | 75,328 | 973,991 | |
Denny's Corp. (b) | 128,799 | 1,941,001 | |
Dine Brands Global, Inc. (a) | 36,646 | 3,057,009 | |
Domino's Pizza, Inc. | 81,566 | 24,352,345 | |
Dover Downs Gaming & Entertainment, Inc. (a)(b) | 54,619 | 174,781 | |
Dover Motorsports, Inc. | 9,993 | 20,486 | |
Drive Shack, Inc. (b) | 106,917 | 662,885 | |
Dunkin' Brands Group, Inc. (a) | 158,881 | 11,580,836 | |
El Pollo Loco Holdings, Inc. (b) | 42,298 | 503,346 | |
Eldorado Resorts, Inc. (a)(b) | 117,072 | 5,625,310 | |
Empire Resorts, Inc. (b) | 4,022 | 50,074 | |
Extended Stay America, Inc. unit | 367,918 | 7,424,585 | |
Famous Dave's of America, Inc. (a)(b) | 7,623 | 50,693 | |
Fiesta Restaurant Group, Inc. (b) | 50,677 | 1,456,964 | |
Golden Entertainment, Inc. (b) | 33,622 | 975,374 | |
Good Times Restaurants, Inc. (b) | 7,939 | 38,901 | |
Habit Restaurants, Inc. Class A (a)(b) | 36,946 | 611,456 | |
Hilton Grand Vacations, Inc. (b) | 187,085 | 6,110,196 | |
Hilton Worldwide Holdings, Inc. | 535,957 | 41,600,982 | |
Hyatt Hotels Corp. Class A | 92,384 | 7,146,826 | |
ILG, Inc. | 199,231 | 6,799,754 | |
Inspired Entertainment, Inc. (b) | 3,769 | 26,760 | |
International Speedway Corp. Class A | 44,736 | 1,975,094 | |
J. Alexanders Holdings, Inc. (b) | 20,559 | 254,932 | |
Jack in the Box, Inc. | 54,956 | 4,981,212 | |
Jamba, Inc. (a)(b) | 31,127 | 404,028 | |
Kona Grill, Inc. (a)(b) | 8,466 | 21,588 | |
Las Vegas Sands Corp. | 707,662 | 46,295,248 | |
Lindblad Expeditions Holdings (b) | 48,584 | 737,991 | |
Luby's, Inc. (b) | 14,614 | 29,520 | |
Marriott International, Inc. Class A | 573,134 | 72,484,257 | |
Marriott Vacations Worldwide Corp. (a) | 47,812 | 5,689,628 | |
McDonald's Corp. | 1,520,914 | 246,737,878 | |
MGM Mirage, Inc. | 967,766 | 28,055,536 | |
Monarch Casino & Resort, Inc. (b) | 19,895 | 936,060 | |
Nathan's Famous, Inc. | 4,365 | 387,176 | |
Noodles & Co. (b) | 77,002 | 947,125 | |
Norwegian Cruise Line Holdings Ltd. (b) | 397,580 | 21,314,264 | |
Papa John's International, Inc. (a) | 45,834 | 2,113,864 | |
Papa Murphy's Holdings, Inc. (a)(b) | 22,690 | 125,930 | |
Penn National Gaming, Inc. (b) | 158,816 | 5,472,799 | |
Pinnacle Entertainment, Inc. (b) | 102,955 | 3,525,179 | |
Planet Fitness, Inc. (b) | 173,759 | 8,926,000 | |
Playa Hotels & Resorts NV (b) | 140,860 | 1,455,084 | |
PlayAGS, Inc. (a)(b) | 43,230 | 1,385,089 | |
Potbelly Corp. (b) | 40,772 | 552,461 | |
Rave Restaurant Group, Inc. (a)(b) | 9,079 | 11,712 | |
RCI Hospitality Holdings, Inc. | 15,482 | 502,081 | |
Red Lion Hotels Corp. (b) | 39,040 | 532,896 | |
Red Robin Gourmet Burgers, Inc. (a)(b) | 26,573 | 1,097,465 | |
Red Rock Resorts, Inc. | 146,708 | 4,788,549 | |
Royal Caribbean Cruises Ltd. | 330,573 | 40,521,638 | |
Ruth's Hospitality Group, Inc. | 51,983 | 1,601,076 | |
Scientific Games Corp. Class A (b) | 99,063 | 3,001,609 | |
SeaWorld Entertainment, Inc. (b) | 127,392 | 3,735,133 | |
Shake Shack, Inc. Class A (a)(b) | 40,965 | 2,476,334 | |
Six Flags Entertainment Corp. | 148,179 | 10,009,491 | |
Sonic Corp. (a) | 74,649 | 2,676,913 | |
Speedway Motorsports, Inc. | 23,497 | 420,361 | |
Starbucks Corp. | 2,667,937 | 142,601,233 | |
Texas Roadhouse, Inc. Class A | 123,753 | 8,532,769 | |
The Cheesecake Factory, Inc. (a) | 85,660 | 4,554,542 | |
Town Sports International Holdings, Inc. (b) | 41,284 | 377,749 | |
U.S. Foods Holding Corp. (b) | 262,925 | 8,568,726 | |
Vail Resorts, Inc. | 78,002 | 23,248,496 | |
Wendy's Co. | 365,963 | 6,459,247 | |
Wingstop, Inc. | 55,195 | 3,695,305 | |
Wyndham Destinations, Inc. | 185,484 | 8,198,393 | |
Wyndham Hotels & Resorts, Inc. | 196,365 | 11,143,714 | |
Wynn Resorts Ltd. | 163,093 | 24,193,216 | |
Yum! Brands, Inc. | 624,046 | 54,223,357 | |
Zoe's Kitchen, Inc. (a)(b) | 52,844 | 723,963 | |
1,111,993,872 | |||
Household Durables - 0.5% | |||
AV Homes, Inc. (a)(b) | 17,632 | 378,206 | |
Bassett Furniture Industries, Inc. | 18,263 | 426,441 | |
Beazer Homes U.S.A., Inc. (b) | 65,476 | 838,748 | |
Cavco Industries, Inc. (b) | 16,004 | 3,927,382 | |
Century Communities, Inc. (b) | 43,258 | 1,265,297 | |
Comstock Holding Companies, Inc. (a)(b) | 1,496 | 4,189 | |
CSS Industries, Inc. | 16,118 | 223,718 | |
D.R. Horton, Inc. | 659,836 | 29,369,300 | |
Dixie Group, Inc. (b) | 11,105 | 18,879 | |
Emerson Radio Corp. (b) | 23,724 | 34,637 | |
Ethan Allen Interiors, Inc. | 53,577 | 1,192,088 | |
Flexsteel Industries, Inc. | 9,186 | 327,756 | |
Garmin Ltd. | 216,150 | 14,728,461 | |
GoPro, Inc. Class A (a)(b) | 213,647 | 1,369,477 | |
Green Brick Partners, Inc. (b) | 37,398 | 390,809 | |
Hamilton Beach Brands Holding Co. Class A | 20,505 | 474,691 | |
Helen of Troy Ltd. (b) | 53,200 | 6,328,140 | |
Hooker Furniture Corp. | 23,607 | 992,674 | |
Hovnanian Enterprises, Inc. Class A (a)(b) | 177,163 | 276,374 | |
Installed Building Products, Inc. (b) | 45,849 | 2,134,271 | |
iRobot Corp. (a)(b) | 54,125 | 6,143,188 | |
KB Home | 166,267 | 4,131,735 | |
Koss Corp. (b) | 2,669 | 9,715 | |
La-Z-Boy, Inc. | 91,907 | 3,055,908 | |
Leggett & Platt, Inc. (a) | 249,108 | 11,319,468 | |
Lennar Corp.: | |||
Class A | 540,686 | 27,937,246 | |
Class B | 9,673 | 408,007 | |
LGI Homes, Inc. (a)(b) | 35,114 | 2,022,566 | |
Libbey, Inc. | 41,937 | 412,241 | |
Lifetime Brands, Inc. | 14,046 | 163,636 | |
M.D.C. Holdings, Inc. | 99,376 | 3,150,219 | |
M/I Homes, Inc. (b) | 59,108 | 1,531,488 | |
Meritage Homes Corp. (b) | 78,833 | 3,401,644 | |
Mohawk Industries, Inc. (b) | 121,467 | 23,271,863 | |
New Home Co. LLC (b) | 17,775 | 156,065 | |
Newell Brands, Inc. | 935,654 | 20,322,405 | |
Nova LifeStyle, Inc. (a)(b) | 26,136 | 46,522 | |
NVR, Inc. (b) | 6,477 | 17,283,551 | |
PulteGroup, Inc. (a) | 497,686 | 13,910,324 | |
Roku, Inc. Class A (a) | 86,359 | 5,137,497 | |
Skyline Champion Corp. | 15,881 | 459,120 | |
Taylor Morrison Home Corp. (b) | 213,917 | 4,162,825 | |
Tempur Sealy International, Inc. (a)(b) | 87,333 | 4,837,375 | |
Toll Brothers, Inc. | 278,640 | 10,095,127 | |
TopBuild Corp. (b) | 72,015 | 4,485,094 | |
TRI Pointe Homes, Inc. (a)(b) | 285,631 | 4,138,793 | |
Tupperware Brands Corp. | 98,214 | 3,193,919 | |
Turtle Beach Corp. (a)(b) | 12,175 | 278,929 | |
Universal Electronics, Inc. (b) | 28,445 | 1,228,824 | |
Vuzix Corp. (a)(b) | 35,528 | 230,932 | |
Whirlpool Corp. | 124,156 | 15,517,017 | |
William Lyon Homes, Inc. (b) | 53,155 | 1,040,243 | |
Zagg, Inc. (b) | 47,415 | 768,123 | |
258,953,147 | |||
Internet & Direct Marketing Retail - 3.7% | |||
1-800-FLOWERS.com, Inc. Class A (b) | 67,294 | 810,893 | |
Amazon.com, Inc. (b) | 779,436 | 1,568,778,632 | |
Blue Apron Holdings, Inc. Class A (a)(b) | 67,371 | 136,089 | |
Duluth Holdings, Inc. (a)(b) | 29,946 | 866,637 | |
EVINE Live, Inc. (b) | 71,405 | 91,398 | |
Expedia, Inc. | 234,656 | 30,622,608 | |
FTD Companies, Inc. (b) | 25,393 | 90,907 | |
Gaia, Inc. Class A (b) | 16,336 | 285,880 | |
Groupon, Inc. (b) | 761,063 | 3,249,739 | |
Lands' End, Inc. (a)(b) | 31,890 | 819,573 | |
Liberty Expedia Holdings, Inc. (b) | 113,147 | 5,221,734 | |
Liberty Interactive Corp. QVC Group Series A (b) | 866,824 | 18,021,271 | |
Liberty TripAdvisor Holdings, Inc. (b) | 137,066 | 2,172,496 | |
Netflix, Inc. (b) | 841,160 | 309,277,709 | |
NutriSystem, Inc. | 59,492 | 2,201,204 | |
Overstock.com, Inc. (a)(b) | 36,823 | 1,075,232 | |
PetMed Express, Inc. (a) | 38,488 | 1,412,125 | |
Shutterfly, Inc. (a)(b) | 63,827 | 4,958,081 | |
The Booking Holdings, Inc. (b) | 93,202 | 181,888,363 | |
TripAdvisor, Inc. (a)(b) | 205,604 | 11,166,353 | |
U.S. Auto Parts Network, Inc. (b) | 5,048 | 7,370 | |
Wayfair LLC Class A (a)(b) | 83,777 | 11,324,137 | |
2,154,478,431 | |||
Leisure Products - 0.1% | |||
American Outdoor Brands Corp. (b) | 96,497 | 1,353,853 | |
Brunswick Corp. | 170,585 | 11,330,256 | |
Callaway Golf Co. | 178,654 | 4,075,098 | |
Clarus Corp. | 39,765 | 411,568 | |
Escalade, Inc. | 7,022 | 93,393 | |
Hasbro, Inc. | 219,161 | 21,764,879 | |
JAKKS Pacific, Inc. (a)(b) | 36,433 | 92,904 | |
Johnson Outdoors, Inc. Class A | 11,590 | 1,173,835 | |
Malibu Boats, Inc. Class A (b) | 41,559 | 2,003,559 | |
Marine Products Corp. | 11,741 | 230,593 | |
Mattel, Inc. (a) | 665,394 | 10,267,029 | |
MCBC Holdings, Inc. (b) | 29,639 | 817,147 | |
Nautilus, Inc. (b) | 60,465 | 885,812 | |
Polaris Industries, Inc. | 112,876 | 12,241,402 | |
Sturm, Ruger & Co., Inc. (a) | 33,314 | 2,180,401 | |
Summer Infant, Inc. (b) | 32,605 | 62,602 | |
Vista Outdoor, Inc. (b) | 127,654 | 2,357,769 | |
71,342,100 | |||
Media - 2.3% | |||
A.H. Belo Corp. Class A | 22,177 | 97,579 | |
Altice U.S.A., Inc. Class A | 232,750 | 4,170,880 | |
AMC Entertainment Holdings, Inc. Class A | 98,115 | 1,869,091 | |
AMC Networks, Inc. Class A (a)(b) | 89,247 | 5,605,604 | |
Ballantyne of Omaha, Inc. (b) | 17,964 | 78,143 | |
Cable One, Inc. | 8,949 | 7,496,935 | |
CBS Corp. Class B | 680,172 | 36,062,719 | |
Central European Media Enterprises Ltd. Class A (b) | 124,885 | 474,563 | |
Charter Communications, Inc. Class A (a)(b) | 359,235 | 111,506,544 | |
Cinedigm Corp. (b) | 5,614 | 7,018 | |
Cinemark Holdings, Inc. | 208,843 | 7,794,021 | |
Clear Channel Outdoor Holding, Inc. Class A | 77,307 | 351,747 | |
Comcast Corp. Class A | 8,885,843 | 328,687,333 | |
Daily Journal Corp. (a)(b) | 644 | 153,562 | |
Discovery Communications, Inc.: | |||
Class A (a)(b) | 319,936 | 8,903,819 | |
Class C (non-vtg.) (b) | 640,780 | 16,429,599 | |
DISH Network Corp. Class A (b) | 448,226 | 15,844,789 | |
E.W. Scripps Co. Class A | 104,171 | 1,528,189 | |
Emmis Communications Corp. Class A (b) | 1,993 | 10,124 | |
Entercom Communications Corp. Class A | 253,845 | 1,992,683 | |
Entravision Communication Corp. Class A | 112,796 | 592,179 | |
Fluent, Inc. (a)(b) | 74,077 | 177,785 | |
Gannett Co., Inc. | 225,017 | 2,313,175 | |
GCI Liberty, Inc. (b) | 199,273 | 9,780,319 | |
Global Eagle Entertainment, Inc. (a)(b) | 104,573 | 278,164 | |
Gray Television, Inc. (b) | 155,347 | 2,710,805 | |
Harte-Hanks, Inc. (b) | 4,548 | 39,067 | |
Hemisphere Media Group, Inc. (b) | 12,793 | 175,264 | |
Insignia Systems, Inc. (b) | 5,038 | 10,983 | |
Interpublic Group of Companies, Inc. | 744,848 | 17,392,201 | |
John Wiley & Sons, Inc. Class A | 90,167 | 5,820,280 | |
Lee Enterprises, Inc. (b) | 85,702 | 244,251 | |
Liberty Broadband Corp.: | |||
Class A (b) | 36,926 | 2,991,006 | |
Class C (b) | 309,886 | 25,128,656 | |
Liberty Global PLC: | |||
Class A (b) | 411,278 | 11,026,363 | |
Class C (b) | 1,169,608 | 30,281,151 | |
Liberty Latin America Ltd. (b) | 238,567 | 4,683,070 | |
Liberty Latin America Ltd. Class A (a)(b) | 77,452 | 1,526,579 | |
Liberty Media Corp.: | |||
Liberty Braves Class A (b) | 14,273 | 380,804 | |
Liberty Braves Class C (b) | 76,194 | 2,024,475 | |
Liberty Formula One Group Series C (b) | 402,255 | 14,867,345 | |
Liberty Media Class A (b) | 46,551 | 1,628,354 | |
Liberty SiriusXM Series A (b) | 131,422 | 6,142,664 | |
Liberty SiriusXM Series C (b) | 365,783 | 17,206,432 | |
Lions Gate Entertainment Corp.: | |||
Class A (a) | 145,390 | 3,419,573 | |
Class B | 201,823 | 4,530,926 | |
Live Nation Entertainment, Inc. (b) | 261,567 | 12,994,649 | |
LiveXLive Media, Inc. (a)(b) | 25,647 | 130,030 | |
Loral Space & Communications Ltd. (b) | 24,624 | 1,092,074 | |
Marcus Corp. | 38,691 | 1,570,855 | |
Meredith Corp. | 75,392 | 3,893,997 | |
MSG Network, Inc. Class A (a)(b) | 116,814 | 2,838,580 | |
National CineMedia, Inc. | 108,730 | 989,443 | |
New Media Investment Group, Inc. | 138,364 | 2,199,988 | |
News Corp.: | |||
Class A | 825,180 | 10,785,103 | |
Class B | 150,998 | 2,053,573 | |
Nexstar Broadcasting Group, Inc. Class A | 90,705 | 7,437,810 | |
Omnicom Group, Inc. (a) | 439,557 | 30,470,091 | |
Reading International, Inc. Class A (b) | 19,772 | 318,329 | |
RLJ Entertainment, Inc. (b) | 5,726 | 35,788 | |
Saga Communications, Inc. Class A | 3,882 | 147,516 | |
Salem Communications Corp. Class A | 10,842 | 41,742 | |
Scholastic Corp. | 52,798 | 2,219,628 | |
Sinclair Broadcast Group, Inc. Class A | 143,587 | 4,156,844 | |
Sirius XM Holdings, Inc. (a) | 2,832,370 | 20,109,827 | |
Social Reality, Inc. (a)(b) | 7,116 | 30,883 | |
Tegna, Inc. | 404,044 | 4,703,072 | |
The Madison Square Garden Co. (b) | 32,008 | 9,664,496 | |
The McClatchy Co. Class A (a)(b) | 6,072 | 54,648 | |
The New York Times Co. Class A (a) | 260,178 | 6,062,147 | |
The Walt Disney Co. | 2,876,969 | 322,278,067 | |
Townsquare Media, Inc. | 1,285 | 11,475 | |
Tribune Media Co. Class A | 137,277 | 5,064,149 | |
tronc, Inc. (b) | 51,781 | 854,387 | |
Twenty-First Century Fox, Inc.: | |||
Class A | 2,008,293 | 91,176,502 | |
Class B | 878,618 | 39,449,948 | |
Urban One, Inc.: | |||
Class A (a)(b) | 7,797 | 17,933 | |
Class D (non-vtg.) (b) | 32,336 | 71,139 | |
Viacom, Inc. Class B (non-vtg.) | 702,717 | 20,575,554 | |
World Wrestling Entertainment, Inc. Class A | 75,130 | 6,567,113 | |
1,324,504,193 | |||
Multiline Retail - 0.4% | |||
Big Lots, Inc. (a) | 84,039 | 3,617,879 | |
Dillard's, Inc. Class A (a) | 40,152 | 3,155,144 | |
Dollar General Corp. | 490,831 | 52,877,224 | |
Dollar Tree, Inc. (b) | 457,955 | 36,869,957 | |
Fred's, Inc. Class A (a) | 52,965 | 90,570 | |
JC Penney Corp., Inc. (a)(b) | 587,373 | 1,039,650 | |
Kohl's Corp. | 323,306 | 25,576,738 | |
Macy's, Inc. | 591,490 | 21,618,960 | |
Nordstrom, Inc. | 230,007 | 14,455,940 | |
Ollie's Bargain Outlet Holdings, Inc. (a)(b) | 96,514 | 8,406,369 | |
Sears Holdings Corp. (a)(b) | 98,150 | 131,521 | |
Target Corp. | 1,036,338 | 90,679,575 | |
Tuesday Morning Corp. (a)(b) | 61,992 | 189,076 | |
258,708,603 | |||
Specialty Retail - 2.3% | |||
Aaron's, Inc. Class A | 121,761 | 6,053,957 | |
Abercrombie & Fitch Co. Class A | 133,398 | 2,890,735 | |
Advance Auto Parts, Inc. | 143,307 | 23,506,647 | |
America's Car Mart, Inc. (b) | 12,295 | 1,026,018 | |
American Eagle Outfitters, Inc. | 317,713 | 8,247,829 | |
Armstrong Flooring, Inc. (b) | 44,365 | 776,831 | |
Asbury Automotive Group, Inc. (b) | 40,476 | 3,015,462 | |
Ascena Retail Group, Inc. (a)(b) | 349,700 | 1,601,626 | |
At Home Group, Inc. (b) | 49,373 | 1,698,925 | |
AutoNation, Inc. (b) | 112,063 | 5,082,057 | |
AutoZone, Inc. (b) | 51,329 | 39,363,184 | |
Barnes & Noble Education, Inc. (b) | 60,796 | 363,560 | |
Barnes & Noble, Inc. | 136,068 | 714,357 | |
Bed Bath & Beyond, Inc. | 260,771 | 4,678,232 | |
Best Buy Co., Inc. | 474,196 | 37,727,034 | |
Big 5 Sporting Goods Corp. (a) | 30,148 | 171,844 | |
Boot Barn Holdings, Inc. (a)(b) | 56,571 | 1,693,170 | |
Build-A-Bear Workshop, Inc. (b) | 20,831 | 191,645 | |
Burlington Stores, Inc. (b) | 129,732 | 21,818,328 | |
Caleres, Inc. | 81,369 | 3,293,817 | |
Camping World Holdings, Inc. (a) | 60,852 | 1,260,245 | |
CarMax, Inc. (a)(b) | 354,626 | 27,678,559 | |
Cars.com, Inc. (a)(b) | 141,815 | 3,816,242 | |
Chico's FAS, Inc. | 255,796 | 2,332,860 | |
Christopher & Banks Corp. (a)(b) | 57,707 | 56,553 | |
Citi Trends, Inc. | 26,292 | 813,474 | |
Conn's, Inc. (a)(b) | 50,034 | 2,051,394 | |
Destination Maternity Corp. (b) | 22,235 | 111,620 | |
Destination XL Group, Inc. (a)(b) | 51,406 | 141,367 | |
Dick's Sporting Goods, Inc. | 154,889 | 5,799,044 | |
DSW, Inc. Class A | 144,844 | 4,817,511 | |
Express, Inc. (b) | 161,303 | 1,809,820 | |
Five Below, Inc. (b) | 105,680 | 12,308,550 | |
Floor & Decor Holdings, Inc. Class A (a)(b) | 88,718 | 3,261,274 | |
Foot Locker, Inc. | 229,516 | 11,315,139 | |
Francesca's Holdings Corp. (a)(b) | 57,702 | 362,369 | |
GameStop Corp. Class A (a) | 189,516 | 2,514,877 | |
Gap, Inc. | 420,016 | 12,747,486 | |
Genesco, Inc. (a)(b) | 38,400 | 1,952,640 | |
GNC Holdings, Inc. Class A (a)(b) | 120,441 | 373,367 | |
Group 1 Automotive, Inc. | 38,654 | 2,979,837 | |
Guess?, Inc. | 114,124 | 2,796,038 | |
Haverty Furniture Companies, Inc. | 37,183 | 821,744 | |
Hibbett Sports, Inc. (a)(b) | 34,547 | 709,941 | |
Home Depot, Inc. | 2,232,585 | 448,236,090 | |
Kirkland's, Inc. (a)(b) | 21,240 | 193,072 | |
L Brands, Inc. | 477,405 | 12,617,814 | |
Lithia Motors, Inc. Class A (sub. vtg.) (a) | 46,519 | 4,019,242 | |
Lowe's Companies, Inc. | 1,590,615 | 172,979,381 | |
Lumber Liquidators Holdings, Inc. (a)(b) | 49,362 | 860,380 | |
MarineMax, Inc. (b) | 36,815 | 828,338 | |
Michaels Companies, Inc. (b) | 219,067 | 3,721,948 | |
Monro, Inc. (a) | 70,777 | 5,021,628 | |
Murphy U.S.A., Inc. (b) | 58,955 | 4,892,086 | |
New York & Co., Inc. (b) | 45,085 | 205,137 | |
O'Reilly Automotive, Inc. (b) | 158,023 | 53,004,075 | |
Office Depot, Inc. | 1,052,572 | 3,526,116 | |
Party City Holdco, Inc. (a)(b) | 63,433 | 973,697 | |
Penske Automotive Group, Inc. | 71,056 | 3,739,677 | |
Pier 1 Imports, Inc. (a) | 163,568 | 300,965 | |
Rent-A-Center, Inc. (b) | 93,716 | 1,381,374 | |
RH (a)(b) | 36,149 | 5,747,691 | |
Ross Stores, Inc. | 729,785 | 69,898,807 | |
Sally Beauty Holdings, Inc. (a)(b) | 228,422 | 3,517,699 | |
Sears Hometown & Outlet Stores, Inc. (a)(b) | 10,000 | 30,000 | |
Shoe Carnival, Inc. | 21,330 | 948,332 | |
Signet Jewelers Ltd. (a) | 114,755 | 7,367,271 | |
Sleep Number Corp. (a)(b) | 68,724 | 2,315,999 | |
Sonic Automotive, Inc. Class A (sub. vtg.) | 52,893 | 1,137,200 | |
Sportsman's Warehouse Holdings, Inc. (a)(b) | 85,108 | 485,967 | |
Stage Stores, Inc. (a) | 38,699 | 81,268 | |
Stein Mart, Inc. (a)(b) | 40,412 | 94,160 | |
Tailored Brands, Inc. (a) | 94,987 | 2,235,994 | |
The Buckle, Inc. (a) | 65,726 | 1,692,445 | |
The Cato Corp. Class A (sub. vtg.) | 58,832 | 1,261,946 | |
The Children's Place Retail Stores, Inc. | 32,586 | 4,586,480 | |
The Container Store Group, Inc. (b) | 29,760 | 336,288 | |
Tiffany & Co., Inc. | 196,681 | 24,122,925 | |
Tile Shop Holdings, Inc. | 56,926 | 435,484 | |
Tilly's, Inc. | 25,457 | 598,749 | |
TJX Companies, Inc. | 1,214,266 | 133,532,832 | |
Tractor Supply Co. | 236,298 | 20,860,387 | |
Trans World Entertainment Corp. (b) | 2,977 | 2,769 | |
Ulta Beauty, Inc. (b) | 110,358 | 28,693,080 | |
Urban Outfitters, Inc. (b) | 151,625 | 7,047,530 | |
Vitamin Shoppe, Inc. (a)(b) | 45,231 | 578,957 | |
Williams-Sonoma, Inc. (a) | 147,711 | 10,373,744 | |
Winmark Corp. | 3,398 | 506,982 | |
Zumiez, Inc. (b) | 31,066 | 967,706 | |
1,312,706,921 | |||
Textiles, Apparel & Luxury Goods - 0.8% | |||
Carbon Black, Inc. (a) | 27,353 | 692,851 | |
Carter's, Inc. | 90,259 | 9,561,136 | |
Cherokee, Inc. (a)(b) | 20,319 | 17,474 | |
Columbia Sportswear Co. | 57,607 | 5,224,955 | |
Crocs, Inc. (a)(b) | 126,644 | 2,616,465 | |
Culp, Inc. | 13,004 | 329,651 | |
Deckers Outdoor Corp. (b) | 58,429 | 7,118,989 | |
Delta Apparel, Inc. (b) | 4,312 | 79,988 | |
Differential Brands Group, Inc. (a)(b) | 30,760 | 148,263 | |
Emerald Expositions Events, Inc. | 58,843 | 919,128 | |
Fossil Group, Inc. (a)(b) | 83,664 | 1,896,663 | |
G-III Apparel Group Ltd. (b) | 82,934 | 3,771,838 | |
Goosehead Insurance (a) | 19,603 | 608,085 | |
Hanesbrands, Inc. (a) | 689,492 | 12,093,690 | |
Iconix Brand Group, Inc. (a)(b) | 101,691 | 35,592 | |
J.Jill, Inc. (b) | 24,557 | 148,324 | |
Lakeland Industries, Inc. (b) | 6,813 | 89,932 | |
lululemon athletica, Inc. (b) | 183,774 | 28,472,106 | |
Michael Kors Holdings Ltd. (b) | 289,686 | 21,036,997 | |
Movado Group, Inc. | 39,217 | 1,670,644 | |
Newmark Group, Inc. | 231,305 | 2,972,269 | |
NIKE, Inc. Class B | 2,488,009 | 204,514,340 | |
Oxford Industries, Inc. | 34,526 | 3,214,025 | |
Perry Ellis International, Inc. (b) | 21,985 | 605,247 | |
PetIQ, Inc. Class A (a)(b) | 18,886 | 739,576 | |
PVH Corp. | 149,344 | 21,380,087 | |
Ralph Lauren Corp. | 106,824 | 14,187,295 | |
Rocky Brands, Inc. | 10,510 | 316,877 | |
Sequential Brands Group, Inc. (a)(b) | 82,806 | 149,051 | |
Skechers U.S.A., Inc. Class A (sub. vtg.) (b) | 260,590 | 7,682,193 | |
Steven Madden Ltd. | 106,426 | 6,188,672 | |
Stitch Fix, Inc. (a)(b) | 32,567 | 1,321,569 | |
Superior Group of Companies, Inc. | 11,974 | 226,907 | |
Switch, Inc. Class A (a) | 92,904 | 1,073,970 | |
Tapestry, Inc. | 555,983 | 28,182,778 | |
TPG RE Finance Trust, Inc. | 110,110 | 2,273,772 | |
Under Armour, Inc.: | |||
Class A (sub. vtg.) (a)(b) | 376,747 | 7,704,476 | |
Class C (non-vtg.) (a)(b) | 338,744 | 6,425,974 | |
Unifi, Inc. (b) | 32,934 | 1,047,631 | |
Vera Bradley, Inc. (b) | 29,957 | 439,170 | |
VF Corp. | 636,388 | 58,630,426 | |
Vince Holding Corp. (b) | 4,485 | 94,589 | |
Wolverine World Wide, Inc. | 185,482 | 7,267,185 | |
473,170,850 | |||
TOTAL CONSUMER DISCRETIONARY | 7,604,125,980 | ||
CONSUMER STAPLES - 6.0% | |||
Beverages - 1.4% | |||
Boston Beer Co., Inc. Class A (b) | 17,915 | 5,430,932 | |
Brown-Forman Corp.: | |||
Class A | 46,010 | 2,421,966 | |
Class B (non-vtg.) | 576,947 | 30,128,172 | |
Castle Brands, Inc. (a)(b) | 173,742 | 199,803 | |
Celsius Holdings, Inc. (a)(b) | 5,581 | 25,505 | |
Coca-Cola Bottling Co. Consolidated | 9,702 | 1,645,071 | |
Constellation Brands, Inc. Class A (sub. vtg.) | 325,717 | 67,814,279 | |
Craft Brew Alliance, Inc. (b) | 14,306 | 271,099 | |
Keurig Dr. Pepper, Inc. | 339,925 | 7,750,290 | |
MGP Ingredients, Inc. (a) | 24,369 | 1,879,094 | |
Molson Coors Brewing Co. Class B | 355,276 | 23,711,120 | |
Monster Beverage Corp. (b) | 805,932 | 49,073,199 | |
National Beverage Corp. (a) | 22,740 | 2,679,682 | |
New Age Beverages Corp. (a)(b) | 33,316 | 49,308 | |
PepsiCo, Inc. | 2,744,785 | 307,443,368 | |
Primo Water Corp. (b) | 73,505 | 1,470,100 | |
REED'S, Inc. (a)(b) | 1,830 | 6,039 | |
The Coca-Cola Co. | 7,408,942 | 330,216,545 | |
832,215,572 | |||
Food & Staples Retailing - 1.3% | |||
Andersons, Inc. | 52,768 | 2,155,573 | |
Casey's General Stores, Inc. | 72,316 | 8,256,318 | |
Chefs' Warehouse Holdings (a)(b) | 42,131 | 1,238,651 | |
Costco Wholesale Corp. | 847,150 | 197,496,080 | |
Ingles Markets, Inc. Class A | 27,092 | 973,957 | |
Kroger Co. | 1,568,624 | 49,411,656 | |
Natural Grocers by Vitamin Cottage, Inc. (a)(b) | 12,082 | 234,512 | |
Performance Food Group Co. (b) | 173,233 | 5,734,012 | |
PriceSmart, Inc. | 44,258 | 3,843,807 | |
Rite Aid Corp. (a)(b) | 2,073,503 | 2,840,699 | |
Smart & Final Stores, Inc. (b) | 46,551 | 325,857 | |
SpartanNash Co. | 73,184 | 1,562,478 | |
Sprouts Farmers Market LLC (b) | 232,354 | 6,150,410 | |
SUPERVALU, Inc. (b) | 84,298 | 2,721,982 | |
Sysco Corp. | 925,873 | 69,273,818 | |
United Natural Foods, Inc. (b) | 95,946 | 3,407,042 | |
Village Super Market, Inc. Class A | 10,106 | 294,893 | |
Walgreens Boots Alliance, Inc. | 1,654,497 | 113,432,314 | |
Walmart, Inc. | 2,801,224 | 268,525,333 | |
Weis Markets, Inc. (a) | 34,945 | 1,628,088 | |
Welbilt, Inc. (b) | 274,877 | 6,083,028 | |
745,590,508 | |||
Food Products - 1.1% | |||
Alico, Inc. | 4,002 | 129,265 | |
Archer Daniels Midland Co. | 1,082,838 | 54,575,035 | |
B&G Foods, Inc. Class A (a) | 128,366 | 4,101,294 | |
Bunge Ltd. | 273,076 | 17,744,478 | |
Cal-Maine Foods, Inc. | 58,088 | 2,872,452 | |
Calavo Growers, Inc. (a) | 30,246 | 3,201,539 | |
Campbell Soup Co. (a) | 367,725 | 14,506,751 | |
Coffee Holding Co., Inc. (b) | 3,401 | 17,379 | |
ConAgra Foods, Inc. | 753,077 | 27,675,580 | |
Darling International, Inc. (b) | 320,453 | 6,338,560 | |
Dean Foods Co. (a) | 162,447 | 1,237,846 | |
Farmer Brothers Co. (a)(b) | 27,261 | 790,569 | |
Flowers Foods, Inc. | 375,117 | 7,558,608 | |
Fresh Del Monte Produce, Inc. | 75,165 | 2,814,178 | |
Freshpet, Inc. (a)(b) | 50,186 | 1,864,410 | |
General Mills, Inc. | 1,142,077 | 52,546,963 | |
Hormel Foods Corp. (a) | 525,328 | 20,566,591 | |
Hostess Brands, Inc. Class A (a)(b) | 143,616 | 1,688,924 | |
Ingredion, Inc. | 139,347 | 14,083,801 | |
J&J Snack Foods Corp. | 28,653 | 4,169,012 | |
John B. Sanfilippo & Son, Inc. | 17,222 | 1,258,412 | |
Kellogg Co. | 482,493 | 34,638,172 | |
Lamb Weston Holdings, Inc. | 279,395 | 18,887,102 | |
Lancaster Colony Corp. | 37,363 | 5,838,716 | |
Landec Corp. (b) | 37,230 | 500,744 | |
Lifeway Foods, Inc. (b) | 1,962 | 7,063 | |
Limoneira Co. | 27,146 | 837,454 | |
McCormick & Co., Inc. (non-vtg.) (a) | 238,025 | 29,724,562 | |
Mondelez International, Inc. | 2,848,224 | 121,676,129 | |
nLIGHT, Inc. (b) | 16,268 | 501,217 | |
Pilgrim's Pride Corp. (a)(b) | 106,035 | 1,960,587 | |
Pinnacle Foods, Inc. | 228,760 | 15,194,239 | |
Post Holdings, Inc. (a)(b) | 132,122 | 12,850,186 | |
Sanderson Farms, Inc. (a) | 41,809 | 4,421,720 | |
Seaboard Corp. | 559 | 2,059,792 | |
Seneca Foods Corp. Class A (b) | 10,446 | 337,406 | |
The Hain Celestial Group, Inc. (b) | 195,834 | 5,593,019 | |
The Hershey Co. | 267,220 | 26,860,954 | |
The J.M. Smucker Co. (a) | 217,711 | 22,506,963 | |
The Kraft Heinz Co. | 1,157,959 | 67,474,271 | |
The Simply Good Foods Co. (a)(b) | 130,919 | 2,356,542 | |
Tootsie Roll Industries, Inc. (a) | 48,416 | 1,394,381 | |
TreeHouse Foods, Inc. (a)(b) | 111,858 | 5,827,802 | |
Tyson Foods, Inc. Class A | 573,631 | 36,029,763 | |
657,220,431 | |||
Household Products - 1.2% | |||
Central Garden & Pet Co. Class A (non-vtg.) (b) | 103,595 | 3,763,606 | |
Church & Dwight Co., Inc. | 469,221 | 26,548,524 | |
Clorox Co. | 250,024 | 36,248,480 | |
Colgate-Palmolive Co. | 1,690,893 | 112,292,204 | |
Energizer Holdings, Inc. | 112,990 | 7,185,034 | |
Funko, Inc. (a)(b) | 28,105 | 714,429 | |
Kimberly-Clark Corp. | 676,991 | 78,219,540 | |
Oil-Dri Corp. of America | 2,105 | 85,568 | |
Orchids Paper Products Co. (a)(b) | 12,438 | 45,647 | |
Procter & Gamble Co. | 4,860,945 | 403,215,388 | |
Spectrum Brands Holdings, Inc. (a) | 90,795 | 7,885,546 | |
WD-40 Co. (a) | 27,338 | 4,851,128 | |
681,055,094 | |||
Personal Products - 0.2% | |||
Avon Products, Inc. (a)(b) | 847,443 | 1,694,886 | |
Coty, Inc. Class A | 914,076 | 11,297,979 | |
Cyanotech Corp. (b) | 2,300 | 8,280 | |
Edgewell Personal Care Co. (a)(b) | 107,191 | 6,053,076 | |
elf Beauty, Inc. (a)(b) | 38,054 | 528,570 | |
Estee Lauder Companies, Inc. Class A | 432,535 | 60,606,804 | |
Herbalife Nutrition Ltd. (b) | 221,367 | 12,527,159 | |
Inter Parfums, Inc. | 36,672 | 2,394,682 | |
LifeVantage Corp. (b) | 19,206 | 241,227 | |
Mannatech, Inc. | 599 | 11,291 | |
MediFast, Inc. | 21,194 | 4,848,128 | |
Natural Health Trends Corp. (a) | 11,452 | 303,134 | |
Nature's Sunshine Products, Inc. (b) | 6,985 | 62,865 | |
Nu Skin Enterprises, Inc. Class A | 109,672 | 8,729,891 | |
Revlon, Inc. (a)(b) | 25,388 | 552,189 | |
USANA Health Sciences, Inc. (b) | 25,519 | 3,367,232 | |
Veru, Inc. (b) | 11,731 | 23,345 | |
113,250,738 | |||
Tobacco - 0.8% | |||
22nd Century Group, Inc. (a)(b) | 193,301 | 523,846 | |
Alliance One International, Inc. (a)(b) | 16,429 | 290,793 | |
Altria Group, Inc. | 3,658,356 | 214,086,993 | |
Philip Morris International, Inc. (a) | 3,008,825 | 234,357,379 | |
Turning Point Brands, Inc. | 13,210 | 444,649 | |
Universal Corp. | 48,780 | 2,917,044 | |
Vector Group Ltd. (a) | 224,341 | 3,484,016 | |
456,104,720 | |||
TOTAL CONSUMER STAPLES | 3,485,437,063 | ||
ENERGY - 5.6% | |||
Energy Equipment & Services - 0.8% | |||
ACM Research, Inc. (a)(b) | 10,379 | 146,448 | |
Archrock, Inc. | 242,413 | 3,066,524 | |
Aspen Aerogels, Inc. (b) | 9,858 | 47,713 | |
Baker Hughes, a GE Co. Class A (a) | 801,830 | 26,436,335 | |
Basic Energy Services, Inc. (b) | 42,877 | 379,890 | |
Bristow Group, Inc. (a)(b) | 59,922 | 656,745 | |
C&J Energy Services, Inc. (b) | 129,736 | 2,717,969 | |
Carbo Ceramics, Inc. (a)(b) | 36,697 | 317,429 | |
Core Laboratories NV (a) | 87,182 | 9,986,698 | |
Dawson Geophysical Co. | 23,761 | 147,318 | |
Diamond Offshore Drilling, Inc. (a)(b) | 137,256 | 2,391,000 | |
Dril-Quip, Inc. (a)(b) | 70,873 | 3,731,463 | |
ENGlobal Corp. (b) | 5,637 | 5,862 | |
Ensco PLC Class A (a) | 839,272 | 5,740,620 | |
Enservco Corp. (b) | 20,536 | 13,556 | |
Era Group, Inc. (b) | 33,138 | 395,668 | |
Exterran Corp. (b) | 64,985 | 1,779,939 | |
Forum Energy Technologies, Inc. (b) | 145,804 | 1,742,358 | |
Frank's International NV (a) | 132,102 | 1,166,461 | |
FTS International, Inc. (b) | 53,091 | 585,594 | |
Geospace Technologies Corp. (b) | 25,924 | 366,306 | |
Gulf Island Fabrication, Inc. | 22,854 | 215,970 | |
GulfMark Offshore, Inc. (b) | 3,372 | 123,078 | |
Halliburton Co. | 1,685,224 | 67,223,585 | |
Helix Energy Solutions Group, Inc. (b) | 271,820 | 2,544,235 | |
Helmerich & Payne, Inc. | 210,015 | 13,770,684 | |
Hornbeck Offshore Services, Inc. (b) | 51,518 | 227,194 | |
Independence Contract Drilling, Inc. (b) | 45,769 | 200,011 | |
ION Geophysical Corp. (a)(b) | 19,328 | 346,938 | |
Key Energy Services, Inc. (b) | 13,975 | 186,706 | |
Liberty Oilfield Services, Inc. Class A (a) | 24,986 | 490,725 | |
Mammoth Energy Services, Inc. | 21,777 | 598,432 | |
Matrix Service Co. (b) | 47,813 | 999,292 | |
McDermott International, Inc. (a)(b) | 349,179 | 6,753,122 | |
Mitcham Industries, Inc. (b) | 23,287 | 93,148 | |
Nabors Industries Ltd. | 664,054 | 4,097,213 | |
National Oilwell Varco, Inc. | 740,374 | 34,849,404 | |
Natural Gas Services Group, Inc. (b) | 21,602 | 477,404 | |
NCS Multistage Holdings, Inc. (a)(b) | 41,493 | 675,091 | |
Newpark Resources, Inc. (b) | 184,008 | 1,932,084 | |
Noble Corp. (a)(b) | 468,541 | 2,858,100 | |
Oceaneering International, Inc. (a) | 195,230 | 5,519,152 | |
Oil States International, Inc. (b) | 113,918 | 3,856,124 | |
Parker Drilling Co. (a)(b) | 12,021 | 47,363 | |
Patterson-UTI Energy, Inc. | 419,954 | 7,193,812 | |
PHI, Inc. (non-vtg.) (b) | 18,377 | 149,773 | |
Pioneer Energy Services Corp. (b) | 156,417 | 500,534 | |
Profire Energy, Inc. (a)(b) | 41,596 | 118,549 | |
Quintana Energy Services, Inc. (b) | 2,698 | 21,125 | |
Ranger Energy Services, Inc. Class A | 4,519 | 37,734 | |
RigNet, Inc. (b) | 17,672 | 288,054 | |
Rowan Companies PLC (b) | 235,223 | 3,302,531 | |
RPC, Inc. (a) | 112,587 | 1,540,190 | |
Schlumberger Ltd. | 2,683,559 | 169,493,586 | |
SEACOR Holdings, Inc. (b) | 35,706 | 1,837,074 | |
SEACOR Marine Holdings, Inc. (a)(b) | 30,560 | 625,869 | |
Smart Sand, Inc. (a)(b) | 41,295 | 205,649 | |
Solaris Oilfield Infrastructure, Inc. Class A (a)(b) | 42,266 | 727,821 | |
Superior Energy Services, Inc. (b) | 304,963 | 2,744,667 | |
Synthesis Energy Systems, Inc. (a)(b) | 17,261 | 43,153 | |
TechnipFMC PLC | 836,314 | 25,616,298 | |
TETRA Technologies, Inc. (b) | 232,409 | 1,066,757 | |
Tidewater, Inc. (a)(b) | 49,250 | 1,576,000 | |
Transocean Ltd. (United States) (a)(b) | 847,118 | 10,258,599 | |
U.S. Silica Holdings, Inc. (a) | 151,843 | 3,217,553 | |
Unit Corp. (b) | 111,239 | 2,924,473 | |
Weatherford International PLC (a)(b) | 1,940,346 | 4,695,637 | |
448,092,389 | |||
Oil, Gas & Consumable Fuels - 4.8% | |||
Abraxas Petroleum Corp. (b) | 314,017 | 706,538 | |
Adams Resources & Energy, Inc. | 2,090 | 95,931 | |
Aemetis, Inc. (b) | 10,055 | 12,468 | |
Alta Mesa Resources, Inc. Class A (a)(b) | 252,424 | 1,196,490 | |
Amyris, Inc. (b) | 57,217 | 513,236 | |
Anadarko Petroleum Corp. | 994,044 | 64,016,434 | |
Andeavor | 268,435 | 41,014,184 | |
Antero Resources Corp. (a)(b) | 422,093 | 7,812,941 | |
Apache Corp. (a) | 746,316 | 32,711,030 | |
Approach Resources, Inc. (a)(b) | 78,465 | 169,484 | |
Arch Coal, Inc. | 42,349 | 3,755,086 | |
Barnwell Industries, Inc. (b) | 2,847 | 5,552 | |
Bonanza Creek Energy, Inc. (b) | 37,069 | 1,149,139 | |
Cabot Oil & Gas Corp. | 871,957 | 20,778,735 | |
California Resources Corp. (a)(b) | 88,597 | 3,680,319 | |
Callon Petroleum Co. (a)(b) | 420,739 | 4,754,351 | |
Carrizo Oil & Gas, Inc. (b) | 172,025 | 4,166,446 | |
Centennial Resource Development, Inc. Class A (a)(b) | 344,528 | 6,639,055 | |
Cheniere Energy, Inc. (b) | 401,045 | 26,841,942 | |
Chesapeake Energy Corp. (a)(b) | 1,742,599 | 7,719,714 | |
Chevron Corp. | 3,702,458 | 438,593,175 | |
Cimarex Energy Co. | 183,774 | 15,525,228 | |
Clean Energy Fuels Corp. (b) | 297,103 | 817,033 | |
Cloud Peak Energy, Inc. (b) | 152,269 | 359,355 | |
CNX Resources Corp. (b) | 384,888 | 6,135,115 | |
Comstock Resources, Inc. (b) | 24,083 | 233,123 | |
Concho Resources, Inc. (b) | 367,017 | 50,336,382 | |
ConocoPhillips Co. | 2,262,000 | 166,098,660 | |
CONSOL Energy, Inc. (b) | 46,254 | 1,984,297 | |
Contango Oil & Gas Co. (b) | 51,306 | 350,420 | |
Continental Resources, Inc. (a)(b) | 166,423 | 10,975,597 | |
CVR Energy, Inc. | 55,713 | 2,119,880 | |
Delek U.S. Holdings, Inc. | 145,396 | 7,924,082 | |
Denbury Resources, Inc. (a)(b) | 776,911 | 4,327,394 | |
Devon Energy Corp. | 1,010,875 | 43,396,864 | |
Diamondback Energy, Inc. (a) | 190,782 | 23,099,885 | |
Dorian Lpg Ltd. (b) | 58,912 | 448,909 | |
Earthstone Energy, Inc. (b) | 37,545 | 314,627 | |
Eclipse Resources Corp. (a)(b) | 169,538 | 242,439 | |
Energen Corp. (b) | 189,530 | 14,698,052 | |
Energy XXI Gulf Coast, Inc. (b) | 77,532 | 701,665 | |
EOG Resources, Inc. | 1,119,898 | 132,405,541 | |
EP Energy Corp. (a)(b) | 91,298 | 159,772 | |
EQT Corp. | 487,292 | 24,861,638 | |
Evolution Petroleum Corp. | 53,534 | 538,017 | |
Extraction Oil & Gas, Inc. (a)(b) | 258,177 | 2,981,944 | |
Exxon Mobil Corp. | 8,197,875 | 657,223,639 | |
Gastar Exploration, Inc. (a)(b) | 285,601 | 22,591 | |
Gevo, Inc. (b) | 391 | 1,505 | |
Goodrich Petroleum Corp. (b) | 2,143 | 29,981 | |
Green Plains, Inc. | 92,023 | 1,633,408 | |
Gulfport Energy Corp. (b) | 315,474 | 3,709,974 | |
Halcon Resources Corp. (a)(b) | 292,167 | 1,338,125 | |
Hallador Energy Co. | 29,822 | 182,212 | |
Hess Corp. | 507,504 | 34,175,319 | |
Highpoint Resources, Inc. (b) | 185,582 | 1,022,557 | |
HollyFrontier Corp. | 340,082 | 25,342,911 | |
Houston American Energy Corp. (a)(b) | 36,485 | 8,209 | |
International Seaways, Inc. (b) | 72,136 | 1,480,231 | |
Isramco, Inc. (b) | 123 | 14,354 | |
Jagged Peak Energy, Inc. (a)(b) | 69,960 | 924,172 | |
Jones Energy, Inc. (a)(b) | 91,542 | 30,209 | |
Kinder Morgan, Inc. | 3,693,070 | 65,367,339 | |
Kosmos Energy Ltd. (b) | 461,148 | 4,168,778 | |
Laredo Petroleum, Inc. (a)(b) | 240,236 | 1,991,556 | |
Lilis Energy, Inc. (b) | 59,171 | 314,790 | |
Lonestar Resources U.S., Inc. (b) | 34,550 | 314,060 | |
Marathon Oil Corp. | 1,650,620 | 35,504,836 | |
Marathon Petroleum Corp. (a) | 894,111 | 73,576,394 | |
Matador Resources Co. (b) | 204,200 | 6,685,508 | |
Midstates Petroleum Co., Inc. (b) | 45,703 | 531,526 | |
Murphy Oil Corp. | 318,754 | 9,827,186 | |
NACCO Industries, Inc. Class A | 7,854 | 276,068 | |
Newfield Exploration Co. (b) | 385,018 | 10,503,291 | |
Nextdecade Corp. (b) | 29,373 | 199,443 | |
Nine Energy Service, Inc. (b) | 17,673 | 529,837 | |
Noble Energy, Inc. | 938,001 | 27,877,390 | |
Northern Oil & Gas, Inc. (a)(b) | 401,909 | 1,386,586 | |
Oasis Petroleum, Inc. (b) | 513,906 | 6,917,175 | |
Occidental Petroleum Corp. | 1,480,195 | 118,223,175 | |
ONEOK, Inc. | 793,898 | 52,325,817 | |
Overseas Shipholding Group, Inc. (b) | 80,103 | 274,753 | |
Pacific Ethanol, Inc. (b) | 51,285 | 94,877 | |
Panhandle Royalty Co. Class A | 32,305 | 602,488 | |
Par Pacific Holdings, Inc. (b) | 53,028 | 1,076,999 | |
Parsley Energy, Inc. Class A (b) | 491,333 | 13,644,317 | |
PBF Energy, Inc. Class A | 226,592 | 11,764,657 | |
PDC Energy, Inc. (b) | 129,015 | 6,797,800 | |
Peabody Energy Corp. | 196,719 | 8,126,462 | |
Penn Virginia Corp. (b) | 26,001 | 2,312,529 | |
Phillips 66 Co. | 811,254 | 96,141,712 | |
Pioneer Natural Resources Co. | 330,465 | 57,732,236 | |
QEP Resources, Inc. (b) | 446,077 | 4,447,388 | |
Ramaco Resources, Inc. (b) | 3,779 | 30,043 | |
Range Resources Corp. (a) | 439,535 | 7,217,165 | |
Renewable Energy Group, Inc. (a)(b) | 62,786 | 1,692,083 | |
Resolute Energy Corp. (a)(b) | 38,744 | 1,277,002 | |
Rex American Resources Corp. (b) | 10,566 | 851,408 | |
Ring Energy, Inc. (b) | 109,353 | 1,290,365 | |
Sanchez Energy Corp. (a)(b) | 123,254 | 324,158 | |
SandRidge Energy, Inc. (b) | 72,603 | 1,151,484 | |
SemGroup Corp. Class A | 145,251 | 3,515,074 | |
SilverBow Resources, Inc. (b) | 10,559 | 325,851 | |
SM Energy Co. | 199,361 | 5,998,772 | |
Southwestern Energy Co. (a)(b) | 981,701 | 5,517,160 | |
SRC Energy, Inc. (a)(b) | 511,242 | 4,759,663 | |
Talos Energy, Inc. (a)(b) | 44,486 | 1,535,657 | |
Targa Resources Corp. | 423,778 | 23,337,454 | |
Tellurian, Inc. (a)(b) | 177,746 | 1,718,804 | |
Tengasco, Inc. (b) | 1,261 | 1,374 | |
The Williams Companies, Inc. | 2,295,420 | 67,921,478 | |
Torchlight Energy Resources, Inc. (a)(b) | 92,571 | 108,308 | |
TransAtlantic Petroleum Ltd. (b) | 18,382 | 31,801 | |
U.S. Energy Corp. (b) | 2,263 | 2,111 | |
Ultra Petroleum Corp. (a)(b) | 342,191 | 448,270 | |
Uranium Energy Corp. (a)(b) | 246,510 | 421,532 | |
VAALCO Energy, Inc. (b) | 93,861 | 227,144 | |
Valero Energy Corp. | 832,451 | 98,129,324 | |
Vertex Energy, Inc. (b) | 17,824 | 22,815 | |
W&T Offshore, Inc. (b) | 182,009 | 1,232,201 | |
Westwater Resources, Inc. (b) | 2,190 | 482 | |
Whiting Petroleum Corp. (b) | 173,178 | 8,816,492 | |
WildHorse Resource Development Corp. (a)(b) | 44,975 | 977,757 | |
World Fuel Services Corp. | 131,814 | 3,694,746 | |
WPX Energy, Inc. (b) | 763,651 | 14,562,825 | |
Zion Oil & Gas, Inc. (a)(b) | 91,553 | 169,373 | |
2,781,354,715 | |||
TOTAL ENERGY | 3,229,447,104 | ||
FINANCIALS - 14.2% | |||
Banks - 6.3% | |||
1st Source Corp. | 36,318 | 2,033,445 | |
Access National Corp. | 21,459 | 582,397 | |
ACNB Corp. | 3,789 | 135,646 | |
Allegiance Bancshares, Inc. (b) | 20,938 | 932,788 | |
American National Bankshares, Inc. | 2,748 | 113,080 | |
Ameris Bancorp | 90,826 | 4,509,511 | |
Ames National Corp. | 2,652 | 80,223 | |
Arrow Financial Corp. | 18,251 | 718,177 | |
Associated Banc-Corp. | 344,650 | 9,391,713 | |
Atlantic Capital Bancshares, Inc. (b) | 43,769 | 798,784 | |
Banc of California, Inc. | 80,001 | 1,612,020 | |
BancFirst Corp. | 35,422 | 2,259,924 | |
Bancorp, Inc., Delaware (b) | 97,581 | 978,737 | |
BancorpSouth Bank | 160,679 | 5,591,629 | |
Bank of America Corp. | 18,232,836 | 563,941,617 | |
Bank of Commerce Holdings | 29,023 | 374,397 | |
Bank of Hawaii Corp. | 99,587 | 8,278,667 | |
Bank of Marin Bancorp | 9,794 | 863,341 | |
Bank of the Ozarks, Inc. | 240,055 | 9,712,625 | |
BankUnited, Inc. | 207,169 | 8,036,086 | |
Banner Corp. | 61,987 | 3,987,624 | |
Bar Harbor Bankshares | 27,763 | 817,620 | |
BB&T Corp. | 1,511,868 | 78,103,101 | |
BCB Bancorp, Inc. | 17,750 | 263,588 | |
Berkshire Hills Bancorp, Inc. | 73,022 | 3,085,180 | |
Blue Hills Bancorp, Inc. | 49,471 | 1,137,833 | |
BOK Financial Corp. (a) | 55,786 | 5,720,854 | |
Boston Private Financial Holdings, Inc. | 170,375 | 2,461,919 | |
Bridge Bancorp, Inc. | 53,457 | 1,870,995 | |
Brookline Bancorp, Inc., Delaware | 166,351 | 3,019,271 | |
Bryn Mawr Bank Corp. | 36,473 | 1,779,882 | |
Byline Bancorp, Inc. (b) | 33,722 | 769,873 | |
C & F Financial Corp. | 2,353 | 146,592 | |
Cadence Bancorp Class A | 130,194 | 3,677,981 | |
Cambridge Bancorp | 6,912 | 618,831 | |
Camden National Corp. | 25,093 | 1,147,754 | |
Capital City Bank Group, Inc. | 8,375 | 205,355 | |
Carolina Financial Corp. | 39,610 | 1,629,952 | |
Cathay General Bancorp | 153,714 | 6,502,102 | |
CB Financial Services, Inc. | 603 | 19,356 | |
CBTX, Inc. | 7,433 | 271,825 | |
Centerstate Banks of Florida, Inc. | 112,474 | 3,443,954 | |
Central Pacific Financial Corp. | 60,455 | 1,712,690 | |
Central Valley Community Bancorp | 4,570 | 98,758 | |
Century Bancorp, Inc. Class A (non-vtg.) | 1,470 | 104,738 | |
Chemical Financial Corp. | 146,142 | 8,347,631 | |
CIT Group, Inc. | 226,547 | 12,287,909 | |
Citigroup, Inc. | 4,939,098 | 351,861,342 | |
Citizens & Northern Corp. | 8,777 | 245,844 | |
Citizens Financial Group, Inc. | 931,050 | 38,322,018 | |
City Holding Co. | 28,334 | 2,297,321 | |
Civista Bancshares, Inc. (a) | 10,636 | 253,988 | |
CNB Financial Corp., Pennsylvania | 22,243 | 685,752 | |
CoBiz, Inc. | 67,032 | 1,545,088 | |
Columbia Banking Systems, Inc. | 148,473 | 6,272,984 | |
Comerica, Inc. | 326,819 | 31,858,316 | |
Commerce Bancshares, Inc. | 203,445 | 14,456,802 | |
Community Bank System, Inc. | 104,083 | 6,883,009 | |
Community Bankers Trust Corp. (b) | 24,176 | 218,793 | |
Community Financial Corp. | 3,879 | 129,171 | |
Community Trust Bancorp, Inc. | 33,336 | 1,646,798 | |
ConnectOne Bancorp, Inc. | 58,487 | 1,441,705 | |
Cullen/Frost Bankers, Inc. | 121,517 | 13,475,020 | |
Customers Bancorp, Inc. (b) | 55,994 | 1,383,052 | |
CVB Financial Corp. | 206,313 | 4,961,828 | |
Eagle Bancorp, Inc. (b) | 65,114 | 3,506,389 | |
East West Bancorp, Inc. | 276,842 | 17,549,014 | |
Enterprise Bancorp, Inc. | 15,551 | 559,369 | |
Enterprise Financial Services Corp. | 42,931 | 2,417,015 | |
Equity Bancshares, Inc. (b) | 26,482 | 1,074,904 | |
Evans Bancorp, Inc. | 6,302 | 299,660 | |
Farmers & Merchants Bancorp, Inc. | 18,588 | 845,568 | |
Farmers National Banc Corp. | 66,489 | 1,053,851 | |
FCB Financial Holdings, Inc. Class A (b) | 85,791 | 4,443,974 | |
Fidelity Southern Corp. | 39,911 | 969,837 | |
Fifth Third Bancorp | 1,317,810 | 38,783,148 | |
Financial Institutions, Inc. | 23,952 | 773,650 | |
First Bancorp, North Carolina | 56,302 | 2,348,919 | |
First Bancorp, Puerto Rico (b) | 339,786 | 2,973,128 | |
First Bancshares, Inc. | 18,277 | 750,271 | |
First Bank Hamilton New Jersey | 19,927 | 284,956 | |
First Busey Corp. | 89,914 | 2,881,744 | |
First Business Finance Services, Inc. | 4,840 | 107,254 | |
First Choice Bancorp (a) | 11,848 | 321,673 | |
First Citizen Bancshares, Inc. | 17,547 | 8,335,000 | |
First Commonwealth Financial Corp. | 293,672 | 4,919,006 | |
First Community Bancshares, Inc. | 16,138 | 541,753 | |
First Community Corp. | 3,993 | 100,424 | |
First Connecticut Bancorp, Inc. | 24,108 | 764,224 | |
First Financial Bancorp, Ohio | 203,721 | 6,396,839 | |
First Financial Bankshares, Inc. (a) | 141,084 | 8,521,474 | |
First Financial Corp., Indiana | 19,844 | 1,020,974 | |
First Financial Northwest, Inc. | 4,251 | 74,222 | |
First Foundation, Inc. (b) | 55,932 | 904,980 | |
First Hawaiian, Inc. | 172,644 | 5,004,950 | |
First Horizon National Corp. | 627,383 | 11,556,395 | |
First Internet Bancorp | 13,171 | 414,228 | |
First Interstate Bancsystem, Inc. | 47,490 | 2,205,911 | |
First Merchants Corp. | 86,573 | 4,165,893 | |
First Mid-Illinois Bancshares, Inc. | 15,730 | 646,346 | |
First Midwest Bancorp, Inc., Delaware | 205,561 | 5,587,148 | |
First Northwest Bancorp (b) | 5,375 | 89,978 | |
First of Long Island Corp. | 41,744 | 910,019 | |
First Republic Bank | 311,307 | 31,625,678 | |
First United Corp. | 8,652 | 174,338 | |
Flushing Financial Corp. | 54,005 | 1,399,810 | |
FNB Corp., Pennsylvania | 709,792 | 9,546,702 | |
Franklin Financial Network, Inc. (b) | 20,997 | 811,534 | |
Fulton Financial Corp. | 371,843 | 6,767,543 | |
German American Bancorp, Inc. | 39,052 | 1,467,965 | |
Glacier Bancorp, Inc. | 160,846 | 7,347,445 | |
Great Southern Bancorp, Inc. | 24,910 | 1,477,163 | |
Great Western Bancorp, Inc. | 113,857 | 4,957,334 | |
Green Bancorp, Inc. | 56,100 | 1,346,400 | |
Guaranty Bancorp | 49,165 | 1,536,406 | |
Guaranty Bancshares, Inc. Texas | 2,629 | 82,682 | |
Hancock Whitney Corp. | 162,816 | 8,393,165 | |
Hanmi Financial Corp. | 61,810 | 1,613,241 | |
HarborOne Bancorp, Inc. (b) | 47,994 | 945,962 | |
Heartland Financial U.S.A., Inc. | 59,340 | 3,607,872 | |
Heritage Commerce Corp. | 73,335 | 1,161,626 | |
Heritage Financial Corp., Washington | 64,195 | 2,330,279 | |
Hilltop Holdings, Inc. | 152,809 | 3,170,787 | |
Home Bancshares, Inc. | 351,965 | 8,239,501 | |
HomeTrust Bancshares, Inc. (b) | 28,372 | 817,114 | |
Hope Bancorp, Inc. | 265,233 | 4,644,230 | |
Horizon Bancorp, Inc. Indiana | 110,052 | 2,248,362 | |
Howard Bancorp, Inc. (b) | 9,598 | 167,485 | |
Huntington Bancshares, Inc. | 2,130,346 | 34,532,909 | |
IBERIABANK Corp. | 109,468 | 9,485,402 | |
Independent Bank Corp. | 42,453 | 1,059,202 | |
Independent Bank Corp., Massachusetts | 57,790 | 5,264,669 | |
Independent Bank Group, Inc. | 38,579 | 2,671,596 | |
International Bancshares Corp. | 113,872 | 5,334,903 | |
Investar Holding Corp. | 8,384 | 230,141 | |
Investors Bancorp, Inc. | 516,646 | 6,613,069 | |
JPMorgan Chase & Co. | 6,584,233 | 754,421,417 | |
KeyCorp | 2,062,964 | 43,466,651 | |
Lakeland Bancorp, Inc. | 83,017 | 1,602,228 | |
Lakeland Financial Corp. | 50,591 | 2,492,619 | |
LegacyTexas Financial Group, Inc. | 83,607 | 3,868,496 | |
Live Oak Bancshares, Inc. (a) | 47,360 | 1,432,640 | |
Luther Burbank Corp. | 30,837 | 351,542 | |
M&T Bank Corp. | 281,584 | 49,882,606 | |
Macatawa Bank Corp. | 24,767 | 308,844 | |
Mackinac Financial Corp. | 1,739 | 28,433 | |
MB Financial, Inc. | 163,929 | 7,943,999 | |
MBT Financial Corp. | 19,637 | 215,025 | |
Mercantile Bank Corp. | 25,655 | 908,444 | |
Merchants Bancorp/IN | 14,909 | 389,274 | |
Metropolitan Bank Holding Corp. (b) | 4,468 | 184,260 | |
Middlefield Banc Corp. | 407 | 20,187 | |
Midland States Bancorp, Inc. | 35,184 | 1,211,385 | |
Midsouth Bancorp, Inc. | 23,289 | 357,486 | |
MidWestOne Financial Group, Inc. | 15,589 | 522,855 | |
MutualFirst Financial, Inc. | 20,181 | 766,878 | |
National Bank Holdings Corp. | 64,357 | 2,583,934 | |
National Bankshares, Inc. | 6,356 | 292,376 | |
National Commerce Corp. (b) | 28,066 | 1,234,904 | |
NBT Bancorp, Inc. | 92,219 | 3,733,025 | |
Nicolet Bankshares, Inc. (b) | 10,757 | 595,508 | |
Northeast Bancorp | 10,393 | 226,567 | |
Northrim Bancorp, Inc. | 7,659 | 341,208 | |
Norwood Financial Corp. (a) | 7,600 | 298,224 | |
OFG Bancorp (a) | 84,264 | 1,365,077 | |
Ohio Valley Banc Corp. | 4,212 | 177,536 | |
Old Line Bancshares, Inc. | 18,401 | 629,314 | |
Old National Bancorp, Indiana | 272,863 | 5,539,119 | |
Old Point Financial Corp. | 1,881 | 50,035 | |
Old Second Bancorp, Inc. | 47,209 | 729,379 | |
Opus Bank | 31,202 | 884,577 | |
Origin Bancorp, Inc. | 11,465 | 464,562 | |
Orrstown Financial Services, Inc. | 6,508 | 169,533 | |
Pacific Mercantile Bancorp (b) | 10,321 | 104,242 | |
Pacific Premier Bancorp, Inc. (b) | 71,645 | 2,833,560 | |
PacWest Bancorp | 249,776 | 12,611,190 | |
Park National Corp. | 28,727 | 3,164,279 | |
Parke Bancorp, Inc. | 2,161 | 49,811 | |
PCSB Financial Corp. | 61,717 | 1,266,433 | |
Peapack-Gladstone Financial Corp. | 31,072 | 1,038,116 | |
Penns Woods Bancorp, Inc. | 3,854 | 174,509 | |
People's Utah Bancorp | 31,031 | 1,121,771 | |
Peoples Bancorp of North Carolina | 4,241 | 129,435 | |
Peoples Bancorp, Inc. | 36,511 | 1,309,284 | |
Peoples Financial Services Corp. | 12,111 | 556,864 | |
Peoples United Financial, Inc. (a) | 659,838 | 12,213,601 | |
Pinnacle Financial Partners, Inc. | 140,084 | 9,042,422 | |
PNC Financial Services Group, Inc. | 909,698 | 130,578,051 | |
Popular, Inc. | 204,979 | 10,318,643 | |
Preferred Bank, Los Angeles | 26,157 | 1,601,070 | |
Premier Financial Bancorp, Inc. | 6,971 | 135,935 | |
Prosperity Bancshares, Inc. | 133,535 | 9,993,759 | |
QCR Holdings, Inc. | 31,102 | 1,352,937 | |
Regions Financial Corp. | 2,158,623 | 42,006,804 | |
Reliant Bancorp, Inc. | 9,372 | 258,199 | |
Renasant Corp. | 91,081 | 4,252,572 | |
Republic Bancorp, Inc., Kentucky Class A | 18,205 | 884,945 | |
Republic First Bancorp, Inc. (b) | 116,122 | 905,752 | |
S&T Bancorp, Inc. | 72,150 | 3,366,519 | |
Sandy Spring Bancorp, Inc. | 64,813 | 2,527,707 | |
Sb One Bancorp | 5,379 | 149,536 | |
Seacoast Banking Corp., Florida (b) | 89,289 | 2,823,318 | |
ServisFirst Bancshares, Inc. | 88,788 | 3,826,763 | |
Shore Bancshares, Inc. | 8,325 | 156,427 | |
Sierra Bancorp | 11,641 | 345,388 | |
Signature Bank | 106,700 | 12,349,458 | |
Simmons First National Corp. Class A | 162,360 | 5,130,576 | |
SmartFinancial, Inc. (b) | 7,194 | 176,829 | |
South State Corp. | 78,685 | 6,487,578 | |
Southern First Bancshares, Inc. (b) | 5,767 | 239,907 | |
Southern National Bancorp of Virginia, Inc. | 38,866 | 682,098 | |
Southside Bancshares, Inc. | 58,795 | 2,093,102 | |
State Bank Financial Corp. | 77,921 | 2,538,666 | |
Sterling Bancorp | 417,699 | 9,544,422 | |
Stock Yards Bancorp, Inc. | 42,120 | 1,630,044 | |
Summit Financial Group, Inc. | 7,690 | 193,788 | |
SunTrust Banks, Inc. | 895,304 | 65,858,562 | |
SVB Financial Group (b) | 101,960 | 32,907,590 | |
Synovus Financial Corp. | 230,632 | 11,545,438 | |
TCF Financial Corp. | 339,227 | 8,599,404 | |
Texas Capital Bancshares, Inc. (b) | 94,840 | 8,431,276 | |
The Bank of Princeton | 8,000 | 263,200 | |
The First Bancorp, Inc. | 17,759 | 519,984 | |
Tompkins Financial Corp. | 24,657 | 2,166,611 | |
TowneBank | 136,261 | 4,442,109 | |
Trico Bancshares | 52,436 | 2,038,712 | |
TriState Capital Holdings, Inc. (b) | 45,938 | 1,366,656 | |
Triumph Bancorp, Inc. (b) | 42,149 | 1,789,225 | |
Trustmark Corp. | 144,879 | 5,140,307 | |
Two River Bancorp | 3,500 | 59,710 | |
U.S. Bancorp | 3,031,284 | 164,022,777 | |
UMB Financial Corp. | 85,559 | 6,437,459 | |
Umpqua Holdings Corp. | 414,883 | 8,878,496 | |
Union Bankshares Corp. | 104,822 | 4,360,595 | |
Union Bankshares, Inc. | 1,824 | 95,760 | |
United Bankshares, Inc., West Virginia (a) | 204,098 | 8,041,461 | |
United Community Bank, Inc. | 153,700 | 4,663,258 | |
United Security Bancshares, California | 5,985 | 66,434 | |
Unity Bancorp, Inc. | 5,913 | 144,277 | |
Univest Corp. of Pennsylvania | 62,745 | 1,788,233 | |
Valley National Bancorp | 559,166 | 6,737,950 | |
Veritex Holdings, Inc. (b) | 31,035 | 950,292 | |
Washington Trust Bancorp, Inc. | 28,271 | 1,696,260 | |
Webster Financial Corp. | 186,178 | 12,172,318 | |
Wells Fargo & Co. | 8,488,979 | 496,435,492 | |
WesBanco, Inc. | 113,831 | 5,617,560 | |
West Bancorp., Inc. | 59,222 | 1,430,211 | |
Westamerica Bancorp. (a) | 55,111 | 3,528,757 | |
Western Alliance Bancorp. (b) | 198,761 | 11,458,572 | |
Wintrust Financial Corp. | 115,693 | 10,244,615 | |
Zions Bancorporation (a) | 371,767 | 19,811,463 | |
3,662,860,890 | |||
Capital Markets - 2.7% | |||
Affiliated Managers Group, Inc. | 105,675 | 15,438,061 | |
Ameriprise Financial, Inc. | 279,840 | 39,726,086 | |
Arlington Asset Investment Corp. (a) | 57,340 | 583,148 | |
Artisan Partners Asset Management, Inc. | 93,464 | 3,098,332 | |
Ashford, Inc. | 1,254 | 114,603 | |
Associated Capital Group, Inc. | 6,083 | 227,504 | |
B. Riley Financial, Inc. | 27,353 | 626,384 | |
Bank of New York Mellon Corp. | 1,955,270 | 101,967,331 | |
BGC Partners, Inc. Class A | 505,535 | 6,278,745 | |
BlackRock, Inc. Class A | 238,101 | 114,064,665 | |
Blucora, Inc. (b) | 88,148 | 3,190,958 | |
Brighthouse Financial, Inc. (b) | 228,459 | 9,483,333 | |
Cboe Global Markets, Inc. | 218,384 | 22,013,107 | |
Charles Schwab Corp. | 2,323,120 | 117,991,265 | |
CME Group, Inc. | 660,444 | 115,399,380 | |
Cohen & Co., Inc. (a) | 688 | 6,680 | |
Cohen & Steers, Inc. | 44,690 | 1,857,763 | |
Cowen Group, Inc. Class A (a)(b) | 62,267 | 946,458 | |
Diamond Hill Investment Group, Inc. | 6,333 | 1,181,674 | |
E*TRADE Financial Corp. (b) | 503,457 | 29,633,479 | |
Eaton Vance Corp. (non-vtg.) | 232,580 | 12,263,943 | |
Evercore, Inc. Class A | 78,707 | 8,354,748 | |
FactSet Research Systems, Inc. | 74,889 | 17,178,788 | |
Federated Investors, Inc. Class B (non-vtg.) | 183,966 | 4,260,653 | |
Franklin Resources, Inc. | 629,432 | 19,978,172 | |
Gain Capital Holdings, Inc. | 33,946 | 250,182 | |
GAMCO Investors, Inc. Class A | 6,919 | 178,856 | |
Goldman Sachs Group, Inc. | 679,048 | 161,484,405 | |
Great Elm Capital Group, Inc. (b) | 8,360 | 25,916 | |
Greenhill & Co., Inc. | 46,751 | 1,285,653 | |
Hamilton Lane, Inc. Class A | 41,047 | 2,002,273 | |
Houlihan Lokey | 64,542 | 3,035,410 | |
Interactive Brokers Group, Inc. | 140,548 | 8,736,464 | |
IntercontinentalExchange, Inc. | 1,120,668 | 85,428,522 | |
INTL FCStone, Inc. (b) | 29,684 | 1,655,180 | |
Invesco Ltd. | 799,281 | 19,262,672 | |
Investment Technology Group, Inc. | 64,820 | 1,418,262 | |
Janus Henderson Group PLC | 347,666 | 9,821,565 | |
Ladenburg Thalmann Financial Services, Inc. | 156,020 | 538,269 | |
Lazard Ltd. Class A | 257,133 | 12,378,383 | |
Legg Mason, Inc. | 170,788 | 5,328,586 | |
LPL Financial | 171,304 | 11,347,177 | |
Manning & Napier, Inc. Class A | 21,800 | 63,220 | |
MarketAxess Holdings, Inc. | 73,407 | 13,934,117 | |
Moelis & Co. Class A | 94,020 | 5,457,861 | |
Moody's Corp. | 324,244 | 57,721,917 | |
Morgan Stanley | 2,628,148 | 128,332,467 | |
Morningstar, Inc. | 38,287 | 5,449,006 | |
MSCI, Inc. | 171,311 | 30,880,521 | |
Northern Trust Corp. | 409,432 | 43,997,563 | |
Oppenheimer Holdings, Inc. Class A (non-vtg.) | 19,317 | 602,690 | |
Piper Jaffray Companies | 27,505 | 2,117,885 | |
PJT Partners, Inc. | 43,421 | 2,514,944 | |
Pzena Investment Management, Inc. | 7,036 | 63,887 | |
Raymond James Financial, Inc. | 249,930 | 23,253,487 | |
S&P Global, Inc. | 485,690 | 100,562,115 | |
Safeguard Scientifics, Inc. (b) | 29,758 | 306,507 | |
SEI Investments Co. | 261,551 | 16,498,637 | |
Silvercrest Asset Management Group Class A | 6,008 | 95,227 | |
State Street Corp. | 709,528 | 61,665,078 | |
Stifel Financial Corp. | 140,452 | 7,847,053 | |
T. Rowe Price Group, Inc. | 466,817 | 54,099,422 | |
TD Ameritrade Holding Corp. | 528,722 | 30,967,248 | |
The NASDAQ OMX Group, Inc. | 225,473 | 21,519,143 | |
TheStreet.com, Inc. (b) | 3,696 | 7,725 | |
U.S. Global Investments, Inc. Class A | 7,637 | 12,372 | |
Virtu Financial, Inc. Class A | 124,113 | 2,705,663 | |
Virtus Investment Partners, Inc. | 12,698 | 1,638,042 | |
Waddell & Reed Financial, Inc. Class A (a) | 156,809 | 3,139,316 | |
Westwood Holdings Group, Inc. | 13,598 | 782,293 | |
WisdomTree Investments, Inc. | 238,661 | 1,961,793 | |
1,588,240,234 | |||
Consumer Finance - 0.8% | |||
Ally Financial, Inc. | 819,334 | 22,023,698 | |
American Express Co. | 1,386,151 | 146,904,283 | |
Asta Funding, Inc. (b) | 4,468 | 16,532 | |
Atlanticus Holdings Corp. (b) | 35,598 | 100,386 | |
Capital One Financial Corp. | 939,357 | 93,080,885 | |
Consumer Portfolio Services, Inc. (b) | 11,930 | 46,050 | |
Credit Acceptance Corp. (a)(b) | 24,306 | 11,100,793 | |
CURO Group Holdings Corp. (b) | 18,059 | 557,301 | |
Discover Financial Services | 677,916 | 52,958,798 | |
Elevate Credit, Inc. (b) | 22,390 | 209,570 | |
Encore Capital Group, Inc. (a)(b) | 60,800 | 2,356,000 | |
Enova International, Inc. (b) | 64,170 | 2,130,444 | |
EZCORP, Inc. (non-vtg.) Class A (a)(b) | 105,107 | 1,166,688 | |
First Cash Financial Services, Inc. | 90,535 | 7,360,496 | |
Green Dot Corp. Class A (b) | 90,601 | 7,761,788 | |
Imperial Holdings, Inc. warrants 4/11/19 (b) | 1,880 | 0 | |
LendingClub Corp. (a)(b) | 748,051 | 2,700,464 | |
Navient Corp. | 516,185 | 7,040,763 | |
Nelnet, Inc. Class A | 39,295 | 2,265,357 | |
Nicholas Financial, Inc. (b) | 5,705 | 67,148 | |
OneMain Holdings, Inc. (b) | 149,135 | 5,473,255 | |
PRA Group, Inc. (a)(b) | 88,617 | 3,238,951 | |
Regional Management Corp. (b) | 15,900 | 529,947 | |
Santander Consumer U.S.A. Holdings, Inc. | 224,182 | 4,837,848 | |
SLM Corp. (b) | 852,196 | 9,987,737 | |
Synchrony Financial | 1,357,490 | 42,991,708 | |
World Acceptance Corp. (b) | 10,919 | 1,295,103 | |
428,201,993 | |||
Diversified Financial Services - 1.4% | |||
Acushnet Holdings Corp. | 81,949 | 2,216,720 | |
Alteryx, Inc. (a)(b) | 48,068 | 2,790,347 | |
AXA Equitable Holdings, Inc. (a) | 268,738 | 6,167,537 | |
Berkshire Hathaway, Inc. Class B (b) | 3,717,453 | 775,906,790 | |
Cannae Holdings, Inc. (b) | 143,529 | 2,790,204 | |
Columbia Financial, Inc. | 137,378 | 2,325,810 | |
ConvergeOne Holdings, Inc. | 64,014 | 585,088 | |
Donnelley Financial Solutions, Inc. (b) | 71,378 | 1,491,086 | |
FB Financial Corp. | 34,670 | 1,524,787 | |
FGL Holdings Class A (a)(b) | 329,409 | 2,869,152 | |
Granite Point Mortgage Trust, Inc. | 74,859 | 1,432,801 | |
Jefferies Financial Group, Inc. | 592,981 | 13,769,019 | |
Marlin Business Services Corp. | 14,103 | 403,346 | |
On Deck Capital, Inc. (b) | 74,269 | 610,491 | |
Rafael Holdings, Inc. (b) | 22,382 | 210,838 | |
RBB Bancorp | 9,470 | 271,316 | |
Sachem Capital Corp. | 200 | 848 | |
Senseonics Holdings, Inc. (a)(b) | 167,851 | 684,832 | |
Victory Capital Holdings, Inc. (b) | 5,281 | 52,176 | |
Voya Financial, Inc. | 317,767 | 15,910,594 | |
832,013,782 | |||
Insurance - 2.6% | |||
AFLAC, Inc. | 1,487,544 | 68,784,035 | |
Alleghany Corp. | 30,712 | 19,403,227 | |
Allstate Corp. | 674,538 | 67,838,287 | |
AMBAC Financial Group, Inc. (b) | 94,134 | 1,989,051 | |
American Equity Investment Life Holding Co. | 169,504 | 6,286,903 | |
American Financial Group, Inc. | 132,219 | 14,723,908 | |
American International Group, Inc. | 1,739,360 | 92,481,771 | |
American National Insurance Co. | 20,619 | 2,646,242 | |
Amerisafe, Inc. | 34,393 | 2,194,273 | |
AmTrust Financial Services, Inc. | 184,814 | 2,687,196 | |
Aon PLC | 475,274 | 69,180,883 | |
Arch Capital Group Ltd. (b) | 784,551 | 23,983,724 | |
Argo Group International Holdings, Ltd. | 67,203 | 4,280,831 | |
Arthur J. Gallagher & Co. | 353,316 | 25,488,216 | |
Aspen Insurance Holdings Ltd. | 121,428 | 4,996,762 | |
Assurant, Inc. | 101,576 | 10,444,044 | |
Assured Guaranty Ltd. | 219,846 | 8,956,526 | |
Athene Holding Ltd. (b) | 241,964 | 12,015,932 | |
Atlas Financial Holdings, Inc. (b) | 9,356 | 95,899 | |
Axis Capital Holdings Ltd. | 162,387 | 9,340,500 | |
Brown & Brown, Inc. | 445,039 | 13,564,789 | |
Chubb Ltd. | 901,422 | 121,908,311 | |
Cincinnati Financial Corp. | 296,401 | 22,725,065 | |
Citizens, Inc. Class A (a)(b) | 65,561 | 550,712 | |
CNA Financial Corp. | 74,168 | 3,330,143 | |
CNO Financial Group, Inc. | 338,474 | 7,314,423 | |
Crawford & Co. Class B | 31,537 | 275,003 | |
Donegal Group, Inc. Class A | 8,008 | 115,716 | |
eHealth, Inc. (b) | 29,798 | 869,804 | |
EMC Insurance Group | 9,582 | 246,066 | |
Employers Holdings, Inc. | 65,170 | 2,988,045 | |
Enstar Group Ltd. (b) | 22,560 | 4,816,560 | |
Erie Indemnity Co. Class A | 43,603 | 5,386,279 | |
Everest Re Group Ltd. | 78,647 | 17,539,854 | |
FBL Financial Group, Inc. Class A | 19,372 | 1,575,912 | |
Fednat Holding Co. | 19,431 | 511,035 | |
First American Financial Corp. | 219,174 | 12,462,234 | |
FNF Group | 535,809 | 21,485,941 | |
Genworth Financial, Inc. Class A (b) | 956,877 | 4,449,478 | |
Global Indemnity Ltd. | 13,709 | 540,546 | |
Greenlight Capital Re, Ltd. (b) | 60,650 | 779,353 | |
Hallmark Financial Services, Inc. (b) | 10,337 | 116,085 | |
Hanover Insurance Group, Inc. | 83,897 | 10,276,544 | |
Hartford Financial Services Group, Inc. | 689,332 | 34,721,653 | |
HCI Group, Inc. | 13,167 | 533,264 | |
Health Insurance Innovations, Inc. (a)(b) | 22,858 | 1,209,188 | |
Heritage Insurance Holdings, Inc. | 60,181 | 881,652 | |
Horace Mann Educators Corp. | 79,807 | 3,695,064 | |
Independence Holding Co. | 16,014 | 564,494 | |
Investors Title Co. | 1,743 | 338,142 | |
James River Group Holdings Ltd. | 60,694 | 2,485,419 | |
Kemper Corp. | 120,550 | 9,806,743 | |
Kingstone Companies, Inc. | 9,045 | 167,785 | |
Kinsale Capital Group, Inc. | 39,379 | 2,393,062 | |
Lincoln National Corp. | 425,807 | 27,924,423 | |
Loews Corp. | 504,188 | 25,365,698 | |
Maiden Holdings Ltd. | 125,108 | 475,410 | |
Markel Corp. (b) | 27,302 | 33,002,658 | |
Marsh & McLennan Companies, Inc. | 978,782 | 82,834,321 | |
MBIA, Inc. (a)(b) | 208,068 | 2,136,858 | |
Mercury General Corp. | 75,263 | 4,056,676 | |
MetLife, Inc. | 1,961,314 | 90,004,699 | |
National General Holdings Corp. | 122,077 | 3,333,923 | |
National Western Life Group, Inc. | 4,567 | 1,488,614 | |
Navigators Group, Inc. | 43,776 | 3,064,320 | |
NI Holdings, Inc. (b) | 13,749 | 232,083 | |
Old Republic International Corp. | 496,118 | 11,003,897 | |
Primerica, Inc. | 84,609 | 10,343,450 | |
Principal Financial Group, Inc. | 513,933 | 28,363,962 | |
ProAssurance Corp. | 109,792 | 5,308,443 | |
Progressive Corp. | 1,119,628 | 75,608,479 | |
Protective Insurance Corp. Class B | 12,738 | 299,343 | |
Prudential Financial, Inc. | 810,829 | 79,663,949 | |
Reinsurance Group of America, Inc. | 124,322 | 17,759,398 | |
RenaissanceRe Holdings Ltd. | 80,100 | 10,650,096 | |
RLI Corp. | 76,037 | 5,852,568 | |
Safety Insurance Group, Inc. | 29,545 | 2,857,002 | |
Selective Insurance Group, Inc. | 116,319 | 7,467,680 | |
State Auto Financial Corp. | 27,464 | 862,095 | |
Stewart Information Services Corp. | 44,220 | 1,980,172 | |
The Travelers Companies, Inc. | 520,356 | 68,478,850 | |
Third Point Reinsurance Ltd. (b) | 151,089 | 2,024,593 | |
Tiptree, Inc. | 33,155 | 215,508 | |
Torchmark Corp. | 199,059 | 17,501,267 | |
Trupanion, Inc. (a)(b) | 42,348 | 1,617,270 | |
United Fire Group, Inc. | 40,895 | 2,025,529 | |
United Insurance Holdings Corp. | 34,862 | 726,175 | |
Universal Insurance Holdings, Inc. | 62,678 | 2,795,439 | |
Unum Group | 430,125 | 15,863,010 | |
W.R. Berkley Corp. | 186,079 | 14,562,543 | |
White Mountains Insurance Group Ltd. | 5,823 | 5,403,453 | |
Willis Group Holdings PLC | 253,154 | 37,281,990 | |
XL Group Ltd. | 494,933 | 28,404,205 | |
1,487,282,623 | |||
Mortgage Real Estate Investment Trusts - 0.2% | |||
AG Mortgage Investment Trust, Inc. | 51,250 | 963,500 | |
AGNC Investment Corp. | 902,240 | 17,160,605 | |
American Capital Mortgage Investment Corp. | 77,847 | 1,525,801 | |
Annaly Capital Management, Inc. | 2,223,022 | 23,608,494 | |
Anworth Mortgage Asset Corp. | 251,516 | 1,227,398 | |
Apollo Commercial Real Estate Finance, Inc. | 198,735 | 3,861,421 | |
Arbor Realty Trust, Inc. (a) | 149,308 | 1,830,516 | |
Ares Commercial Real Estate Corp. | 44,112 | 644,917 | |
Armour Residential REIT, Inc. | 78,889 | 1,855,469 | |
Blackstone Mortgage Trust, Inc. (a) | 218,615 | 7,446,027 | |
Capstead Mortgage Corp. | 189,470 | 1,591,548 | |
Cherry Hill Mortgage Investment Corp. | 12,023 | 223,628 | |
Chimera Investment Corp. | 389,423 | 7,254,950 | |
Dynex Capital, Inc. | 127,368 | 816,429 | |
Ellington Residential Mortgage REIT | 15,540 | 183,683 | |
Exantas Capital Corp. | 55,796 | 661,183 | |
Great Ajax Corp. | 20,136 | 274,655 | |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. (a) | 96,779 | 2,086,555 | |
Hunt Companies Finance Trust I (a) | 6,106 | 21,921 | |
Invesco Mortgage Capital, Inc. | 207,984 | 3,375,580 | |
KKR Real Estate Finance Trust, Inc. | 61,897 | 1,312,216 | |
Ladder Capital Corp. Class A | 204,015 | 3,543,741 | |
MFA Financial, Inc. | 890,541 | 6,821,544 | |
New Residential Investment Corp. | 635,458 | 11,800,455 | |
New York Mortgage Trust, Inc. (a) | 227,021 | 1,452,934 | |
Orchid Island Capital, Inc. (a) | 113,192 | 898,744 | |
Owens Realty Mortgage, Inc. (a) | 54,252 | 895,158 | |
PennyMac Mortgage Investment Trust | 137,871 | 2,754,663 | |
Redwood Trust, Inc. | 147,922 | 2,511,716 | |
Starwood Property Trust, Inc. | 508,786 | 11,208,556 | |
Two Harbors Investment Corp. | 468,829 | 7,323,109 | |
Western Asset Mortgage Capital Corp. | 88,849 | 988,889 | |
ZAIS Financial Corp. | 18,554 | 318,201 | |
128,444,206 | |||
Real Estate Management & Development - 0.0% | |||
The RMR Group, Inc. | 12,871 | 1,215,666 | |
Thrifts & Mortgage Finance - 0.2% | |||
BankFinancial Corp. | 19,300 | 307,835 | |
Beneficial Bancorp, Inc. | 178,014 | 3,133,046 | |
BofI Holding, Inc. (a)(b) | 104,951 | 3,908,375 | |
BSB Bancorp, Inc. (b) | 6,958 | 231,701 | |
Capitol Federal Financial, Inc. | 317,152 | 4,189,578 | |
Charter Financial Corp. | 26,857 | 669,008 | |
Coastway Bancorp, Inc. (b) | 4,955 | 137,501 | |
Dime Community Bancshares, Inc. | 65,979 | 1,197,519 | |
Entegra Financial Corp. (b) | 3,030 | 83,325 | |
ESSA Bancorp, Inc. | 4,298 | 69,112 | |
Essent Group Ltd. (b) | 166,676 | 7,227,071 | |
Farmer Mac Class C (non-vtg.) | 19,331 | 1,489,840 | |
First Defiance Financial Corp. | 36,462 | 1,166,419 | |
Flagstar Bancorp, Inc. (b) | 55,871 | 1,846,537 | |
FS Bancorp, Inc. | 3,111 | 181,465 | |
Hingham Institution for Savings | 2,103 | 456,372 | |
Home Bancorp, Inc. | 8,218 | 375,974 | |
HomeStreet, Inc. (b) | 54,010 | 1,590,595 | |
Impac Mortgage Holdings, Inc. (a)(b) | 22,924 | 171,472 | |
Kearny Financial Corp. | 223,951 | 3,068,129 | |
Lendingtree, Inc. (a)(b) | 15,340 | 3,886,389 | |
Malvern Bancorp, Inc. (a)(b) | 6,089 | 149,789 | |
Meridian Bancorp, Inc. Maryland | 112,706 | 2,017,437 | |
Meta Financial Group, Inc. | 16,728 | 1,448,645 | |
MGIC Investment Corp. (b) | 722,209 | 9,186,498 | |
New York Community Bancorp, Inc. (a) | 991,185 | 10,675,062 | |
NMI Holdings, Inc. (b) | 118,639 | 2,562,602 | |
Northfield Bancorp, Inc. | 77,835 | 1,267,154 | |
Northwest Bancshares, Inc. | 218,925 | 3,988,814 | |
OceanFirst Financial Corp. | 74,436 | 2,173,531 | |
Ocwen Financial Corp. (b) | 226,819 | 948,103 | |
Oritani Financial Corp. | 122,108 | 1,978,150 | |
PennyMac Financial Services, Inc. | 43,564 | 921,379 | |
PHH Corp. (b) | 94,843 | 1,029,047 | |
Poage Bankshares, Inc. | 2,365 | 62,318 | |
Provident Financial Holdings, Inc. | 3,066 | 56,414 | |
Provident Financial Services, Inc. | 132,445 | 3,341,587 | |
Radian Group, Inc. | 410,077 | 8,336,865 | |
Riverview Bancorp, Inc. | 10,064 | 99,130 | |
Security National Financial Corp. Class A | 12,342 | 64,796 | |
SI Financial Group, Inc. | 5,231 | 72,449 | |
Southern Missouri Bancorp, Inc. | 5,377 | 215,080 | |
Sterling Bancorp, Inc. | 29,919 | 366,508 | |
Territorial Bancorp, Inc. | 13,244 | 395,731 | |
TFS Financial Corp. | 199,797 | 3,084,866 | |
Timberland Bancorp, Inc. | 5,712 | 202,833 | |
Trustco Bank Corp., New York | 182,946 | 1,692,251 | |
United Community Financial Corp. | 86,143 | 891,580 | |
United Financial Bancorp, Inc. New | 98,895 | 1,757,364 | |
Walker & Dunlop, Inc. | 62,162 | 3,387,829 | |
Washington Federal, Inc. | 184,491 | 6,291,143 | |
Waterstone Financial, Inc. | 43,917 | 742,197 | |
Westfield Financial, Inc. | 33,310 | 354,752 | |
WMI Holdings Corp. (b) | 665,894 | 1,005,500 | |
WSFS Financial Corp. | 63,718 | 3,109,438 | |
109,264,105 | |||
TOTAL FINANCIALS | 8,237,523,499 | ||
HEALTH CARE - 14.2% | |||
Biotechnology - 3.0% | |||
AbbVie, Inc. | 2,937,285 | 281,920,614 | |
Abeona Therapeutics, Inc. (a)(b) | 62,198 | 957,849 | |
ACADIA Pharmaceuticals, Inc. (a)(b) | 184,318 | 2,621,002 | |
Acceleron Pharma, Inc. (b) | 75,443 | 4,075,431 | |
Achaogen, Inc. (a)(b) | 54,118 | 286,284 | |
Achillion Pharmaceuticals, Inc. (b) | 264,408 | 912,208 | |
Acorda Therapeutics, Inc. (b) | 101,836 | 2,932,877 | |
Actinium Pharmaceuticals, Inc. (b) | 38,656 | 24,740 | |
Adamas Pharmaceuticals, Inc. (a)(b) | 38,351 | 883,224 | |
ADMA Biologics, Inc. (b) | 34,956 | 223,369 | |
Aduro Biotech, Inc. (a)(b) | 81,702 | 604,595 | |
Advaxis, Inc. (b) | 48,573 | 70,431 | |
Adverum Biotechnologies, Inc. (b) | 72,964 | 554,526 | |
Aeglea BioTherapeutics, Inc. (a)(b) | 26,323 | 287,710 | |
Aevi Genomic Medicine, Inc. (b) | 41,669 | 52,086 | |
Agenus, Inc. (a)(b) | 138,167 | 305,349 | |
Agios Pharmaceuticals, Inc. (a)(b) | 97,937 | 7,905,475 | |
Aimmune Therapeutics, Inc. (b) | 78,694 | 2,196,350 | |
Akebia Therapeutics, Inc. (b) | 89,194 | 732,283 | |
Albireo Pharma, Inc. (b) | 13,977 | 483,325 | |
Alder Biopharmaceuticals, Inc. (a)(b) | 108,499 | 1,963,832 | |
Aldeyra Therapeutics, Inc. (b) | 22,510 | 190,210 | |
Alexion Pharmaceuticals, Inc. (b) | 431,789 | 52,781,887 | |
Alkermes PLC (a)(b) | 298,449 | 13,382,453 | |
Allena Pharmaceuticals, Inc. (b) | 8,811 | 96,040 | |
Alnylam Pharmaceuticals, Inc. (b) | 164,063 | 20,125,608 | |
Alpine Immune Sciences, Inc. (b) | 12,084 | 81,204 | |
Altimmune, Inc. (a)(b) | 5,138 | 1,644 | |
AMAG Pharmaceuticals, Inc. (a)(b) | 66,217 | 1,615,695 | |
Amgen, Inc. | 1,291,967 | 258,147,926 | |
Amicus Therapeutics, Inc. (a)(b) | 366,758 | 4,943,898 | |
AnaptysBio, Inc. (b) | 27,845 | 2,468,181 | |
Anavex Life Sciences Corp. (a)(b) | 69,965 | 186,807 | |
Apellis Pharmaceuticals, Inc. (b) | 66,063 | 1,278,980 | |
Applied Genetic Technologies Corp. (b) | 14,097 | 62,732 | |
Aptevo Therapeutics, Inc. (b) | 25,681 | 141,759 | |
AquaBounty Technologies, Inc. (b) | 1,372 | 4,061 | |
Aquinox Pharmaceuticals, Inc. (b) | 41,529 | 129,570 | |
Arcus Biosciences, Inc. (a) | 6,872 | 98,957 | |
Ardelyx, Inc. (b) | 110,323 | 474,389 | |
Arena Pharmaceuticals, Inc. (b) | 95,520 | 3,709,997 | |
ArQule, Inc. (b) | 197,124 | 1,306,932 | |
Array BioPharma, Inc. (b) | 398,574 | 6,205,797 | |
Arrowhead Pharmaceuticals, Inc. (a)(b) | 177,530 | 2,620,343 | |
Arsanis, Inc. (b) | 8,493 | 19,449 | |
Asterias Biotherapeutics, Inc. (a)(b) | 24,436 | 37,876 | |
Atara Biotherapeutics, Inc. (a)(b) | 89,519 | 3,665,803 | |
Athersys, Inc. (a)(b) | 261,347 | 538,375 | |
aTyr Pharma, Inc. (b) | 6,529 | 4,713 | |
Audentes Therapeutics, Inc. (b) | 53,376 | 1,942,886 | |
AVEO Pharmaceuticals, Inc. (a)(b) | 164,980 | 493,290 | |
Avid Bioservices, Inc. (b) | 85,182 | 623,532 | |
Bellicum Pharmaceuticals, Inc. (a)(b) | 75,895 | 548,721 | |
Biocept, Inc. (b) | 2,199 | 7,740 | |
BioCryst Pharmaceuticals, Inc. (a)(b) | 198,969 | 1,424,618 | |
Biogen, Inc. (b) | 408,820 | 144,513,782 | |
Biohaven Pharmaceutical Holding Co. Ltd. (a)(b) | 57,394 | 2,172,937 | |
BioMarin Pharmaceutical, Inc. (b) | 340,364 | 34,029,593 | |
Biospecifics Technologies Corp. (b) | 19,816 | 1,062,930 | |
BioTime, Inc. (a)(b) | 346,441 | 952,713 | |
bluebird bio, Inc. (a)(b) | 102,592 | 17,266,234 | |
Blueprint Medicines Corp. (b) | 74,628 | 5,721,729 | |
BrainStorm Cell Therpeutic, Inc. (a)(b) | 15,396 | 60,968 | |
Calithera Biosciences, Inc. (b) | 45,690 | 249,011 | |
Calyxt, Inc. (a)(b) | 10,855 | 183,775 | |
Cancer Genetics, Inc. (a)(b) | 9,725 | 8,805 | |
Capricor Therapeutics, Inc. (a)(b) | 31,524 | 38,144 | |
Cara Therapeutics, Inc. (a)(b) | 69,866 | 1,409,197 | |
CareDx, Inc. (b) | 60,104 | 1,461,128 | |
CASI Pharmaceuticals, Inc. (b) | 84,183 | 585,072 | |
Catalyst Biosciences, Inc. (b) | 23,199 | 253,565 | |
Catalyst Pharmaceutical Partners, Inc. (b) | 206,783 | 696,859 | |
Cel-Sci Corp. (a)(b) | 25,753 | 69,018 | |
Celcuity, Inc. (b) | 1,151 | 28,453 | |
Celgene Corp. (b) | 1,365,300 | 128,952,585 | |
Celldex Therapeutics, Inc. (b) | 215,095 | 107,978 | |
Cellular Biomedicine Group, Inc. (a)(b) | 19,712 | 418,880 | |
Celsion Corp. (b) | 10,668 | 30,404 | |
ChemoCentryx, Inc. (b) | 36,062 | 475,297 | |
Chimerix, Inc. (b) | 63,824 | 254,658 | |
Cidara Therapeutics, Inc. (a)(b) | 11,887 | 50,520 | |
Cleveland Biolabs, Inc. (a)(b) | 1,776 | 3,392 | |
Clovis Oncology, Inc. (b) | 98,725 | 3,529,419 | |
Co.-Diagnostics, Inc. (b) | 7,929 | 25,214 | |
CohBar, Inc. (a)(b) | 86,892 | 455,314 | |
Coherus BioSciences, Inc. (b) | 100,702 | 2,029,145 | |
Conatus Pharmaceuticals, Inc. (a)(b) | 36,543 | 205,006 | |
Concert Pharmaceuticals, Inc. (b) | 25,754 | 406,141 | |
Corbus Pharmaceuticals Holdings, Inc. (a)(b) | 97,055 | 567,772 | |
Corvus Pharmaceuticals, Inc. (b) | 20,017 | 219,386 | |
CTI BioPharma Corp. (b) | 94,910 | 178,431 | |
Cue Biopharma, Inc. (a)(b) | 17,423 | 167,609 | |
Curis, Inc. (b) | 35,800 | 60,860 | |
Cyclacel Pharmaceuticals, Inc. (b) | 960 | 1,469 | |
Cytokinetics, Inc. (b) | 89,621 | 708,006 | |
CytomX Therapeutics, Inc. (b) | 82,255 | 1,849,915 | |
Cytori Therapeutics, Inc. (a)(b) | 1,078 | 563 | |
CytRx Corp. (a)(b) | 40,644 | 45,928 | |
Deciphera Pharmaceuticals, Inc. (a)(b) | 27,445 | 1,015,191 | |
Denali Therapeutics, Inc. (a)(b) | 28,737 | 564,107 | |
Dicerna Pharmaceuticals, Inc. (b) | 41,758 | 661,864 | |
Dyax Corp. rights 12/31/19 (b)(c) | 200,675 | 802,700 | |
Dynavax Technologies Corp. (a)(b) | 101,676 | 1,408,213 | |
Eagle Pharmaceuticals, Inc. (a)(b) | 14,894 | 1,029,622 | |
Edge Therapeutics, Inc. (b) | 50,398 | 44,854 | |
Editas Medicine, Inc. (a)(b) | 75,932 | 2,492,848 | |
Eiger Biopharmaceuticals, Inc. (b) | 19,778 | 255,136 | |
Emergent BioSolutions, Inc. (b) | 74,721 | 4,632,702 | |
Enanta Pharmaceuticals, Inc. (b) | 29,541 | 2,686,163 | |
Epizyme, Inc. (a)(b) | 93,334 | 1,101,341 | |
Esperion Therapeutics, Inc. (a)(b) | 38,782 | 1,919,321 | |
Exact Sciences Corp. (a)(b) | 238,198 | 17,838,648 | |
Exelixis, Inc. (b) | 539,055 | 10,128,843 | |
Fate Therapeutics, Inc. (a)(b) | 88,933 | 1,146,346 | |
Fibrocell Science, Inc. (a)(b) | 2,592 | 5,132 | |
FibroGen, Inc. (b) | 152,796 | 9,343,475 | |
Five Prime Therapeutics, Inc. (b) | 76,988 | 1,077,832 | |
Flexion Therapeutics, Inc. (a)(b) | 70,183 | 1,607,191 | |
Fortress Biotech, Inc. (a)(b) | 43,908 | 86,499 | |
Galectin Therapeutics, Inc. (a)(b) | 56,076 | 362,812 | |
Genocea Biosciences, Inc. (a)(b) | 59,471 | 38,061 | |
Genomic Health, Inc. (b) | 39,004 | 2,385,875 | |
GenVec, Inc. rights (b)(c) | 814 | 0 | |
Geron Corp. (a)(b) | 355,017 | 2,034,247 | |
Gilead Sciences, Inc. | 2,521,527 | 190,955,240 | |
Global Blood Therapeutics, Inc. (a)(b) | 93,955 | 4,599,097 | |
GlycoMimetics, Inc. (a)(b) | 63,039 | 927,934 | |
GTx, Inc. (b) | 20,485 | 490,001 | |
Halozyme Therapeutics, Inc. (a)(b) | 263,841 | 4,857,313 | |
Heat Biologics, Inc. (b) | 27,222 | 56,077 | |
Hemispherx Biopharma, Inc. (b) | 10,898 | 2,997 | |
Heron Therapeutics, Inc. (b) | 138,379 | 5,334,510 | |
Homology Medicines, Inc. (a)(b) | 23,470 | 390,776 | |
iBio, Inc. (a)(b) | 4,036 | 3,349 | |
Idera Pharmaceuticals, Inc. (a)(b) | 39,263 | 410,691 | |
Immune Design Corp. (b) | 68,872 | 261,714 | |
ImmunoCellular Therapeutics Ltd. (b) | 1,048 | 246 | |
ImmunoGen, Inc. (a)(b) | 279,867 | 2,851,845 | |
Immunomedics, Inc. (a)(b) | 306,809 | 8,210,209 | |
Incyte Corp. (b) | 343,065 | 25,355,934 | |
Infinity Pharmaceuticals, Inc. (a)(b) | 82,811 | 187,153 | |
Inovio Pharmaceuticals, Inc. (a)(b) | 153,711 | 808,520 | |
Insmed, Inc. (a)(b) | 145,963 | 2,909,043 | |
Insys Therapeutics, Inc. (a)(b) | 45,156 | 422,209 | |
Intellia Therapeutics, Inc. (a)(b) | 43,137 | 1,334,227 | |
Intercept Pharmaceuticals, Inc. (a)(b) | 39,366 | 4,401,119 | |
Intrexon Corp. (a)(b) | 138,526 | 2,130,530 | |
Invitae Corp. (b) | 122,521 | 1,814,536 | |
Ionis Pharmaceuticals, Inc. (a)(b) | 264,796 | 12,098,529 | |
Iovance Biotherapeutics, Inc. (b) | 176,766 | 3,128,758 | |
Ironwood Pharmaceuticals, Inc. Class A (a)(b) | 274,281 | 5,277,166 | |
IsoRay, Inc. (b) | 57,047 | 29,180 | |
ITUS Corp. (b) | 25,229 | 96,122 | |
Jounce Therapeutics, Inc. (a)(b) | 10,322 | 81,028 | |
Kadmon Holdings, Inc. (b) | 207,825 | 895,726 | |
Kalvista Pharmaceuticals, Inc. (b) | 508 | 8,636 | |
Karyopharm Therapeutics, Inc. (b) | 92,956 | 1,956,724 | |
Keryx Biopharmaceuticals, Inc. (a)(b) | 230,453 | 785,845 | |
Kindred Biosciences, Inc. (b) | 55,110 | 821,139 | |
Krystal Biotech, Inc. | 3,314 | 54,383 | |
Kura Oncology, Inc. (a)(b) | 53,689 | 1,100,625 | |
La Jolla Pharmaceutical Co. (a)(b) | 42,577 | 980,974 | |
Leap Therapeutics, Inc. (b) | 2,828 | 20,842 | |
Lexicon Pharmaceuticals, Inc. (a)(b) | 97,066 | 1,123,054 | |
Ligand Pharmaceuticals, Inc. Class B (a)(b) | 41,449 | 10,763,891 | |
Loxo Oncology, Inc. (a)(b) | 43,871 | 7,413,322 | |
Macrogenics, Inc. (a)(b) | 77,366 | 1,691,994 | |
Madrigal Pharmaceuticals, Inc. (a)(b) | 15,700 | 3,755,597 | |
MannKind Corp. (a)(b) | 225,599 | 248,159 | |
Matinas BioPharma Holdings, Inc. (b) | 91,988 | 42,314 | |
MediciNova, Inc. (a)(b) | 72,252 | 879,307 | |
MEI Pharma, Inc. (b) | 62,189 | 259,950 | |
Menlo Therapeutics, Inc. (b) | 14,423 | 110,769 | |
Merrimack Pharmaceuticals, Inc. (b) | 22,287 | 131,939 | |
MiMedx Group, Inc. (a)(b) | 199,106 | 1,055,262 | |
Minerva Neurosciences, Inc. (b) | 51,124 | 531,690 | |
Miragen Therapeutics, Inc. (b) | 39,491 | 245,239 | |
Mirati Therapeutics, Inc. (a)(b) | 60,609 | 3,427,439 | |
Molecular Templates, Inc. (b) | 11,026 | 63,510 | |
Moleculin Biotech, Inc. (a)(b) | 37,484 | 64,472 | |
Momenta Pharmaceuticals, Inc. (b) | 152,669 | 4,045,729 | |
Myriad Genetics, Inc. (b) | 137,462 | 6,844,233 | |
NanoViricides, Inc. (b) | 32,620 | 13,704 | |
NantKwest, Inc. (a)(b) | 76,001 | 257,643 | |
Natera, Inc. (b) | 66,582 | 1,840,326 | |
Navidea Biopharmaceuticals, Inc. (a)(b) | 148,549 | 26,130 | |
Neuralstem, Inc. (a)(b) | 8,195 | 9,998 | |
Neurocrine Biosciences, Inc. (b) | 173,976 | 21,390,349 | |
NewLink Genetics Corp. (b) | 41,496 | 128,638 | |
Novavax, Inc. (a)(b) | 677,219 | 1,056,462 | |
Ohr Pharmaceutical, Inc. (b) | 32,314 | 6,301 | |
OncoCyte Corp. (a)(b) | 3,324 | 8,476 | |
OncoGenex Pharmaceuticals, Inc. (b) | 96 | 289 | |
OncoMed Pharmaceuticals, Inc. (b) | 27,577 | 63,427 | |
OncoSec Medical, Inc. (a)(b) | 44,952 | 67,428 | |
Ophthotech Corp. (b) | 50,366 | 128,937 | |
Opko Health, Inc. (a)(b) | 712,532 | 4,218,189 | |
Oragenics, Inc. (b) | 998 | 429 | |
Organovo Holdings, Inc. (a)(b) | 337,362 | 435,197 | |
OvaScience, Inc. (b) | 60,110 | 46,525 | |
Palatin Technologies, Inc. (a)(b) | 331,257 | 334,570 | |
PDL BioPharma, Inc. (a)(b) | 309,517 | 749,031 | |
Pfenex, Inc. (b) | 46,697 | 246,560 | |
Polarityte, Inc. (a)(b) | 30,906 | 883,293 | |
Portola Pharmaceuticals, Inc. (a)(b) | 128,424 | 3,833,456 | |
Progenics Pharmaceuticals, Inc. (a)(b) | 161,932 | 1,267,928 | |
Protagonist Therapeutics, Inc. (b) | 52,263 | 503,293 | |
Proteon Therapeutics, Inc. (b) | 5,515 | 12,960 | |
Proteostasis Therapeutics, Inc. (a)(b) | 55,664 | 149,736 | |
Prothena Corp. PLC (a)(b) | 73,253 | 1,114,911 | |
PTC Therapeutics, Inc. (b) | 75,018 | 3,131,251 | |
Puma Biotechnology, Inc. (a)(b) | 65,071 | 2,859,870 | |
Ra Pharmaceuticals, Inc. (b) | 19,587 | 238,961 | |
Radius Health, Inc. (a)(b) | 76,029 | 1,563,917 | |
Recro Pharma, Inc. (b) | 20,797 | 132,685 | |
Regeneron Pharmaceuticals, Inc. (b) | 149,758 | 60,914,067 | |
REGENXBIO, Inc. (b) | 55,760 | 3,928,292 | |
Regulus Therapeutics, Inc. (a)(b) | 85,834 | 19,888 | |
Repligen Corp. (a)(b) | 69,352 | 3,806,038 | |
Retrophin, Inc. (b) | 82,684 | 2,620,256 | |
Rexahn Pharmaceuticals, Inc. (a)(b) | 42,298 | 72,753 | |
Rigel Pharmaceuticals, Inc. (b) | 307,310 | 1,047,927 | |
Riot Blockchain, Inc. (a) | 24,575 | 154,823 | |
Rocket Pharmaceuticals, Inc. (b) | 29,667 | 707,558 | |
Sage Therapeutics, Inc. (b) | 89,840 | 14,757,118 | |
Sangamo Therapeutics, Inc. (a)(b) | 201,742 | 3,681,792 | |
Sarepta Therapeutics, Inc. (a)(b) | 117,669 | 16,243,029 | |
Savara, Inc. (a)(b) | 55,437 | 651,939 | |
Seattle Genetics, Inc. (a)(b) | 204,324 | 15,683,910 | |
Selecta Biosciences, Inc. (a)(b) | 13,681 | 185,514 | |
Sellas Life Sciences Group, Inc. (b) | 425 | 459 | |
Seres Therapeutics, Inc. (a)(b) | 32,924 | 289,073 | |
Sesen Bio, Inc. (b) | 98,188 | 219,941 | |
Sienna Biopharmaceuticals, Inc. (a)(b) | 4,913 | 81,851 | |
Solid Biosciences, Inc. (b) | 19,788 | 844,354 | |
Sophiris Bio, Inc. (a)(b) | 57,410 | 184,286 | |
Sorrento Therapeutics, Inc. (a)(b) | 175,528 | 974,180 | |
Spark Therapeutics, Inc. (a)(b) | 61,662 | 3,798,996 | |
Spectrum Pharmaceuticals, Inc. (b) | 181,664 | 3,911,226 | |
Spring Bank Pharmaceuticals, Inc. (b) | 9,145 | 129,768 | |
Stemline Therapeutics, Inc. (b) | 50,071 | 856,214 | |
Sunesis Pharmaceuticals, Inc. (a)(b) | 29,991 | 65,380 | |
Surface Oncology, Inc. | 10,117 | 98,135 | |
Syndax Pharmaceuticals, Inc. (b) | 33,111 | 256,941 | |
Synergy Pharmaceuticals, Inc. (a)(b) | 423,445 | 825,718 | |
Synlogic, Inc. (b) | 24,107 | 255,052 | |
Synthetic Biologics, Inc. (a)(b) | 2,423 | 6,954 | |
Syros Pharmaceuticals, Inc. (b) | 33,143 | 407,327 | |
T2 Biosystems, Inc. (b) | 79,564 | 519,553 | |
Tapimmune, Inc. (a)(b) | 8,155 | 70,296 | |
Tenax Therapeutics, Inc. (b) | 69 | 371 | |
TESARO, Inc. (a)(b) | 70,613 | 2,291,392 | |
TG Therapeutics, Inc. (a)(b) | 115,447 | 1,466,177 | |
Tocagen, Inc. (a)(b) | 8,584 | 83,694 | |
TONIX Pharmaceuticals Holding (b) | 1,717 | 1,837 | |
TRACON Pharmaceuticals, Inc. (a)(b) | 4,111 | 8,633 | |
Trevena, Inc. (a)(b) | 130,021 | 234,038 | |
Trovagene, Inc. (a)(b) | 2,821 | 2,313 | |
Ultragenyx Pharmaceutical, Inc. (b) | 88,686 | 7,514,365 | |
United Therapeutics Corp. (b) | 85,357 | 10,498,057 | |
UNITY Biotechnology, Inc. (a) | 7,256 | 138,299 | |
Unum Therapeutics, Inc. (a) | 16,295 | 265,771 | |
Vanda Pharmaceuticals, Inc. (b) | 103,474 | 1,999,635 | |
Vaxart, Inc. (a)(b) | 4,190 | 12,780 | |
VBI Vaccines, Inc. (a)(b) | 25,788 | 52,608 | |
Veracyte, Inc. (b) | 50,030 | 632,379 | |
Verastem, Inc. (a)(b) | 140,678 | 1,401,153 | |
Vericel Corp. (b) | 84,118 | 1,026,240 | |
Versartis, Inc. (b) | 37,706 | 67,871 | |
Vertex Pharmaceuticals, Inc. (b) | 491,760 | 90,680,544 | |
Vical, Inc. (b) | 6,566 | 9,127 | |
Viking Therapeutics, Inc. (b) | 90,493 | 1,182,744 | |
VistaGen Therapeutics, Inc. (a)(b) | 22,368 | 32,881 | |
Vital Therapies, Inc. (a)(b) | 55,114 | 443,668 | |
Voyager Therapeutics, Inc. (a)(b) | 39,765 | 864,491 | |
Xbiotech, Inc. (a)(b) | 36,998 | 149,472 | |
Xencor, Inc. (b) | 95,182 | 3,977,656 | |
XOMA Corp. (a)(b) | 11,543 | 216,200 | |
Yield10 Bioscience, Inc. (b) | 693 | 1,109 | |
Zafgen, Inc. (b) | 54,609 | 519,878 | |
ZIOPHARM Oncology, Inc. (a)(b) | 222,939 | 650,982 | |
1,745,699,121 | |||
Health Care Equipment & Supplies - 3.1% | |||
Abbott Laboratories | 3,391,513 | 226,688,729 | |
Abiomed, Inc. (b) | 81,155 | 32,996,000 | |
Accuray, Inc. (a)(b) | 152,465 | 609,860 | |
Akers Biosciences, Inc. (a)(b) | 149,301 | 40,804 | |
Align Technology, Inc. (b) | 139,169 | 53,787,427 | |
Alliqua Biomedical, Inc. (a)(b) | 439 | 1,133 | |
Alphatec Holdings, Inc. (a)(b) | 3,066 | 10,762 | |
Amedica Corp. (a)(b) | 5,751 | 2,552 | |
Angiodynamics, Inc. (b) | 68,576 | 1,537,474 | |
Anika Therapeutics, Inc. (a)(b) | 30,719 | 1,271,459 | |
Antares Pharma, Inc. (a)(b) | 242,616 | 858,861 | |
Apollo Endosurgery, Inc. (b) | 102 | 766 | |
Atricure, Inc. (b) | 70,181 | 2,424,754 | |
Atrion Corp. | 3,083 | 2,019,519 | |
Avanos Medical, Inc. (b) | 92,971 | 6,703,209 | |
Avinger, Inc. (b) | 780 | 1,225 | |
AxoGen, Inc. (a)(b) | 68,956 | 3,023,721 | |
Baxter International, Inc. | 949,654 | 70,625,768 | |
Becton, Dickinson & Co. | 517,034 | 135,395,694 | |
Bellerophon Therapeutics, Inc. (a)(b) | 36,993 | 31,999 | |
BioLase Technology, Inc. (b) | 6,234 | 11,034 | |
BioLife Solutions, Inc. (b) | 16,867 | 404,133 | |
Boston Scientific Corp. (b) | 2,679,060 | 95,267,374 | |
Bovie Medical Corp. (b) | 10,849 | 57,934 | |
Cantel Medical Corp. | 67,194 | 6,517,818 | |
Cardiovascular Systems, Inc. (b) | 69,124 | 2,663,348 | |
CAS Medical Systems, Inc. (b) | 11,651 | 26,098 | |
Cerus Corp. (b) | 269,265 | 2,094,882 | |
Cesca Therapeutics, Inc. (b) | 793 | 342 | |
Chembio Diagnostics, Inc. (b) | 2,391 | 24,986 | |
ConforMis, Inc. (b) | 87,736 | 107,038 | |
CONMED Corp. | 50,457 | 4,058,257 | |
Corindus Vascular Robotics, Inc. (a)(b) | 178,714 | 194,798 | |
Cryolife, Inc. (b) | 65,208 | 2,262,718 | |
CryoPort, Inc. (a)(b) | 52,805 | 749,831 | |
Cutera, Inc. (b) | 27,491 | 934,694 | |
CytoSorbents Corp. (a)(b) | 50,106 | 734,053 | |
Danaher Corp. | 1,192,456 | 123,466,894 | |
Dare Bioscience, Inc. (b) | 17,253 | 18,978 | |
Dentsply Sirona, Inc. | 442,572 | 17,667,474 | |
DexCom, Inc. (a)(b) | 170,666 | 24,640,757 | |
Edwards Lifesciences Corp. (b) | 407,229 | 58,738,711 | |
Ekso Bionics Holdings, Inc. (a)(b) | 113,321 | 303,700 | |
Endologix, Inc. (b) | 150,152 | 345,350 | |
Fonar Corp. (b) | 8,356 | 218,927 | |
Genmark Diagnostics, Inc. (b) | 107,242 | 917,992 | |
Glaukos Corp. (a)(b) | 64,913 | 4,438,102 | |
Globus Medical, Inc. (b) | 145,197 | 7,734,644 | |
Haemonetics Corp. (b) | 99,749 | 11,135,978 | |
Helius Medical Technologies, Inc. (U.S.) (a)(b) | 20,935 | 209,769 | |
Heska Corp. (b) | 12,153 | 1,300,371 | |
Hill-Rom Holdings, Inc. | 131,230 | 12,764,742 | |
Hologic, Inc. (b) | 529,595 | 21,056,697 | |
ICU Medical, Inc. (b) | 29,075 | 8,896,950 | |
IDEXX Laboratories, Inc. (b) | 169,286 | 43,005,415 | |
Inogen, Inc. (b) | 33,875 | 8,973,826 | |
Inspire Medical Systems, Inc. | 18,247 | 1,003,403 | |
Insulet Corp. (b) | 113,854 | 11,871,557 | |
Integer Holdings Corp. (b) | 60,071 | 4,799,673 | |
Integra LifeSciences Holdings Corp. (b) | 136,377 | 8,110,340 | |
IntriCon Corp. (b) | 15,036 | 1,111,160 | |
Intuitive Surgical, Inc. (b) | 219,618 | 122,986,080 | |
Invacare Corp. (a) | 75,980 | 1,154,896 | |
InVivo Therapeutics Holdings Corp. (b) | 1,850 | 3,608 | |
Invuity, Inc. (a)(b) | 23,417 | 108,889 | |
IRadimed Corp. (a)(b) | 6,686 | 183,865 | |
iRhythm Technologies, Inc. (b) | 39,577 | 3,684,223 | |
Iridex Corp. (b) | 4,871 | 44,326 | |
K2M Group Holdings, Inc. (b) | 72,947 | 1,994,371 | |
Kewaunee Scientific Corp. | 1,376 | 43,963 | |
Lantheus Holdings, Inc. (b) | 59,416 | 956,598 | |
LeMaitre Vascular, Inc. | 28,069 | 1,052,868 | |
LivaNova PLC (b) | 84,812 | 10,648,147 | |
Masimo Corp. (b) | 90,391 | 10,656,195 | |
Medtronic PLC | 2,620,554 | 252,647,611 | |
Meridian Bioscience, Inc. | 73,595 | 1,155,442 | |
Merit Medical Systems, Inc. (b) | 108,656 | 6,394,406 | |
Microbot Medical, Inc. (b) | 7,285 | 4,225 | |
Misonix, Inc. (b) | 7,938 | 151,616 | |
Myomo, Inc. (a)(b) | 11,057 | 22,667 | |
Natus Medical, Inc. (b) | 64,682 | 2,412,639 | |
Neogen Corp. (b) | 98,996 | 9,250,186 | |
Nevro Corp. (b) | 56,879 | 3,834,782 | |
NuVasive, Inc. (b) | 100,454 | 7,050,866 | |
Nuvectra Corp. (b) | 21,954 | 512,406 | |
NxStage Medical, Inc. (b) | 140,636 | 3,985,624 | |
OraSure Technologies, Inc. (b) | 129,623 | 2,075,264 | |
Orthofix International NV (b) | 41,359 | 2,215,188 | |
OrthoPediatrics Corp. | 6,541 | 227,758 | |
Penumbra, Inc. (a)(b) | 57,262 | 7,950,829 | |
Precision Therapeutics, Inc. (a)(b) | 19,298 | 21,807 | |
Pulse Biosciences, Inc. (a)(b) | 10,423 | 149,674 | |
Quanterix Corp. (b) | 7,729 | 129,306 | |
Quidel Corp. (b) | 60,517 | 4,652,547 | |
ReShape Lifesciences, Inc. (a)(b) | 873 | 58 | |
ResMed, Inc. | 278,308 | 31,006,294 | |
Retractable Technologies, Inc. (b) | 5,248 | 3,790 | |
Rockwell Medical Technologies, Inc. (a)(b) | 83,284 | 408,924 | |
RTI Biologics, Inc. (b) | 100,701 | 450,637 | |
Seaspine Holdings Corp. (b) | 14,380 | 221,452 | |
Second Sight Medical Products, Inc. (a)(b) | 46,884 | 79,234 | |
Sientra, Inc. (b) | 39,907 | 1,002,464 | |
Staar Surgical Co. (b) | 55,622 | 2,653,169 | |
Steris PLC | 162,639 | 18,609,154 | |
STRATA Skin Sciences, Inc. (b) | 803 | 2,144 | |
Stryker Corp. | 623,601 | 105,656,717 | |
SurModics, Inc. (b) | 23,983 | 1,888,661 | |
Synergetics U.S.A., Inc. (b)(c) | 19,727 | 0 | |
Tactile Systems Technology, Inc. (a)(b) | 30,490 | 2,063,258 | |
Tandem Diabetes Care, Inc. (a)(b) | 108,658 | 4,964,584 | |
Teleflex, Inc. | 87,631 | 21,682,538 | |
The Cooper Companies, Inc. | 95,010 | 24,301,658 | |
TransEnterix, Inc. (a)(b) | 207,703 | 1,204,677 | |
Utah Medical Products, Inc. | 13,511 | 1,227,474 | |
Varex Imaging Corp. (a)(b) | 86,203 | 2,706,774 | |
Varian Medical Systems, Inc. (b) | 180,543 | 20,224,427 | |
Vermillion, Inc. (b) | 12,449 | 7,843 | |
ViewRay, Inc. (a)(b) | 117,177 | 1,181,144 | |
Viveve Medical, Inc. (a)(b) | 45,477 | 143,253 | |
West Pharmaceutical Services, Inc. | 145,035 | 16,976,347 | |
Wright Medical Group NV (a)(b) | 202,730 | 5,875,115 | |
Zimmer Biomet Holdings, Inc. | 393,672 | 48,669,669 | |
Zosano Pharma Corp. (a)(b) | 22,328 | 93,108 | |
1,798,539,903 | |||
Health Care Providers & Services - 3.0% | |||
AAC Holdings, Inc. (a)(b) | 16,668 | 147,678 | |
Acadia Healthcare Co., Inc. (a)(b) | 159,970 | 6,643,554 | |
Aceto Corp. | 47,837 | 158,819 | |
Addus HomeCare Corp. (b) | 24,045 | 1,560,521 | |
Aetna, Inc. | 631,624 | 126,495,338 | |
Amedisys, Inc. (b) | 57,080 | 7,135,571 | |
American Renal Associates Holdings, Inc. (a)(b) | 30,049 | 659,576 | |
AmerisourceBergen Corp. | 315,793 | 28,411,896 | |
AMN Healthcare Services, Inc. (a)(b) | 90,995 | 5,305,009 | |
Anthem, Inc. | 493,566 | 130,661,727 | |
BioScrip, Inc. (a)(b) | 230,699 | 669,027 | |
BioTelemetry, Inc. (b) | 60,094 | 3,713,809 | |
Brookdale Senior Living, Inc. (b) | 360,000 | 3,571,200 | |
Caladrius Biosciences, Inc. (b) | 9,530 | 50,223 | |
Capital Senior Living Corp. (b) | 53,746 | 476,727 | |
Cardinal Health, Inc. | 601,923 | 31,414,361 | |
Catasys, Inc. (b) | 3,161 | 28,702 | |
Centene Corp. (b) | 396,017 | 58,008,570 | |
Chemed Corp. | 30,507 | 9,870,235 | |
Cigna Corp. | 470,957 | 88,700,041 | |
Civitas Solutions, Inc. (b) | 27,734 | 443,744 | |
Community Health Systems, Inc. (a)(b) | 206,000 | 799,280 | |
Corvel Corp. (b) | 18,940 | 1,125,983 | |
Cross Country Healthcare, Inc. (b) | 66,434 | 665,004 | |
CVS Health Corp. | 1,967,521 | 148,036,280 | |
DaVita HealthCare Partners, Inc. (b) | 270,656 | 18,753,754 | |
Diplomat Pharmacy, Inc. (a)(b) | 93,066 | 1,922,744 | |
Envision Healthcare Corp. (b) | 230,716 | 10,465,278 | |
Express Scripts Holding Co. (b) | 1,087,608 | 95,731,256 | |
Five Star Sr Living, Inc. (b) | 70,113 | 69,412 | |
G1 Therapeutics, Inc. (a)(b) | 37,423 | 2,270,828 | |
Genesis HealthCare, Inc. Class A (a)(b) | 72,843 | 128,932 | |
HCA Holdings, Inc. | 541,945 | 72,680,244 | |
HealthEquity, Inc. (b) | 101,976 | 9,607,159 | |
HealthSouth Corp. | 191,103 | 15,592,094 | |
Henry Schein, Inc. (a)(b) | 296,896 | 23,062,881 | |
Humana, Inc. | 265,925 | 88,622,166 | |
Interpace Diagnostics Group, Inc. (b) | 136 | 200 | |
Laboratory Corp. of America Holdings (b) | 197,626 | 34,163,607 | |
LHC Group, Inc. (b) | 58,223 | 5,760,001 | |
LifePoint Hospitals, Inc. (b) | 73,087 | 4,706,803 | |
Magellan Health Services, Inc. (b) | 46,615 | 3,426,203 | |
McKesson Corp. | 390,138 | 50,230,268 | |
MEDNAX, Inc. (b) | 183,817 | 8,703,735 | |
Molina Healthcare, Inc. (a)(b) | 90,979 | 12,555,102 | |
National Healthcare Corp. | 20,690 | 1,594,578 | |
National Research Corp. Class A | 20,553 | 804,650 | |
National Vision Holdings, Inc. | 99,203 | 4,389,733 | |
OptiNose, Inc. | 38,007 | 565,164 | |
Owens & Minor, Inc. (a) | 118,083 | 2,005,049 | |
Patterson Companies, Inc. (a) | 169,627 | 3,825,089 | |
Premier, Inc. (a)(b) | 113,429 | 5,016,965 | |
Providence Service Corp. (b) | 20,443 | 1,372,543 | |
Psychemedics Corp. | 2,724 | 52,655 | |
Quest Diagnostics, Inc. | 264,008 | 29,035,600 | |
Quorum Health Corp. (a)(b) | 61,662 | 280,562 | |
R1 RCM, Inc. (b) | 178,635 | 1,780,991 | |
RadNet, Inc. (b) | 68,592 | 949,999 | |
Select Medical Holdings Corp. (b) | 210,659 | 4,171,048 | |
Sharps Compliance Corp. (b) | 12,687 | 44,785 | |
Surgery Partners, Inc. (a)(b) | 43,549 | 755,575 | |
Tenet Healthcare Corp. (a)(b) | 162,206 | 5,469,586 | |
The Ensign Group, Inc. | 96,070 | 3,753,455 | |
The Joint Corp. (b) | 4,485 | 38,436 | |
Tivity Health, Inc. (a)(b) | 70,816 | 2,436,070 | |
Triple-S Management Corp. (b) | 44,329 | 965,042 | |
U.S. Physical Therapy, Inc. | 24,843 | 3,111,586 | |
UnitedHealth Group, Inc. | 1,860,709 | 499,525,938 | |
Universal Health Services, Inc. Class B | 168,906 | 21,984,805 | |
Wellcare Health Plans, Inc. (b) | 96,042 | 29,059,428 | |
1,736,194,874 | |||
Health Care Technology - 0.2% | |||
Allscripts Healthcare Solutions, Inc. (b) | 329,763 | 4,817,837 | |
athenahealth, Inc. (b) | 77,995 | 12,003,431 | |
Castlight Health, Inc. Class B (a)(b) | 151,493 | 454,479 | |
Cerner Corp. (b) | 605,108 | 39,398,582 | |
Computer Programs & Systems, Inc. (a) | 21,937 | 598,880 | |
Evolent Health, Inc. (a)(b) | 132,217 | 3,371,534 | |
HealthStream, Inc. | 46,897 | 1,488,042 | |
HMS Holdings Corp. (b) | 165,285 | 5,297,384 | |
HTG Molecular Diagnostics (a)(b) | 63,917 | 286,987 | |
iCAD, Inc. (b) | 14,864 | 44,592 | |
Inovalon Holdings, Inc. Class A (a)(b) | 119,481 | 1,314,291 | |
Medidata Solutions, Inc. (a)(b) | 114,952 | 9,768,621 | |
NantHealth, Inc. (a)(b) | 56,729 | 125,938 | |
Omnicell, Inc. (b) | 73,082 | 5,024,388 | |
Quality Systems, Inc. (b) | 91,673 | 2,098,395 | |
Simulations Plus, Inc. | 16,033 | 334,288 | |
Tabula Rasa HealthCare, Inc. (a)(b) | 25,588 | 2,243,300 | |
Teladoc Health, Inc. (a)(b) | 132,579 | 10,281,501 | |
Valeritas Holdings, Inc. (a)(b) | 25,700 | 29,555 | |
Veeva Systems, Inc. Class A (b) | 229,272 | 23,926,826 | |
Vocera Communications, Inc. (b) | 55,152 | 1,828,840 | |
124,737,691 | |||
Life Sciences Tools & Services - 0.9% | |||
Accelerate Diagnostics, Inc. (a)(b) | 48,811 | 1,200,751 | |
Agilent Technologies, Inc. | 623,247 | 42,094,102 | |
Bio-Rad Laboratories, Inc. Class A (b) | 38,796 | 12,620,339 | |
Bio-Techne Corp. | 72,516 | 13,935,400 | |
Bruker Corp. | 204,025 | 7,259,210 | |
Cambrex Corp. (b) | 66,661 | 4,492,951 | |
Charles River Laboratories International, Inc. (b) | 93,768 | 11,581,286 | |
ChromaDex, Inc. (a)(b) | 56,591 | 256,357 | |
Codexis, Inc. (b) | 74,109 | 1,274,675 | |
Enzo Biochem, Inc. (b) | 66,443 | 304,973 | |
Fluidigm Corp. (a)(b) | 46,109 | 365,183 | |
Harvard Bioscience, Inc. (b) | 53,166 | 316,338 | |
Illumina, Inc. (b) | 284,128 | 100,817,138 | |
Luminex Corp. | 75,617 | 2,133,156 | |
Medpace Holdings, Inc. (b) | 50,255 | 3,004,746 | |
Mettler-Toledo International, Inc. (b) | 48,948 | 28,608,148 | |
Nanostring Technologies, Inc. (b) | 49,108 | 794,076 | |
NeoGenomics, Inc. (b) | 145,940 | 2,021,269 | |
Pacific Biosciences of California, Inc. (a)(b) | 198,134 | 988,689 | |
PerkinElmer, Inc. | 212,888 | 19,677,238 | |
PRA Health Sciences, Inc. (b) | 110,524 | 11,671,334 | |
Quintiles Transnational Holdings, Inc. (b) | 311,623 | 39,604,167 | |
Syneos Health, Inc. (b) | 116,220 | 5,793,567 | |
Thermo Fisher Scientific, Inc. | 778,338 | 186,100,616 | |
Waters Corp. (b) | 151,379 | 28,683,293 | |
525,599,002 | |||
Pharmaceuticals - 4.0% | |||
AcelRx Pharmaceuticals, Inc. (a)(b) | 65,025 | 201,578 | |
Acer Therapeutics, Inc. (b) | 9,342 | 299,691 | |
Aclaris Therapeutics, Inc. (a)(b) | 40,572 | 645,906 | |
Adamis Pharmaceuticals Corp. (a)(b) | 48,966 | 139,553 | |
Aerie Pharmaceuticals, Inc. (a)(b) | 78,816 | 4,835,362 | |
Agile Therapeutics, Inc. (b) | 87,068 | 25,511 | |
Akcea Therapeutics, Inc. (a)(b) | 34,733 | 917,299 | |
Akorn, Inc. (b) | 181,300 | 2,844,597 | |
Alimera Sciences, Inc. (a)(b) | 22,049 | 22,931 | |
Allergan PLC | 657,234 | 125,998,330 | |
Amneal Pharmaceuticals, Inc. (a)(b) | 143,636 | 3,317,992 | |
Amphastar Pharmaceuticals, Inc. (b) | 63,932 | 1,213,429 | |
Ampio Pharmaceuticals, Inc. (a)(b) | 168,674 | 106,096 | |
ANI Pharmaceuticals, Inc. (b) | 15,497 | 901,925 | |
ANI Pharmaceuticals, Inc. rights (b)(c) | 21,445 | 0 | |
Apricus Biosciences, Inc. (b) | 41,618 | 13,734 | |
Aradigm Corp. (a)(b) | 17,241 | 23,275 | |
Aratana Therapeutics, Inc. (b) | 80,168 | 424,890 | |
Assembly Biosciences, Inc. (b) | 37,235 | 1,489,400 | |
Assertio Therapeutics, Inc. (a)(b) | 137,271 | 875,789 | |
AstraZeneca PLC rights (b)(c) | 7,692 | 0 | |
Athenex, Inc. (b) | 67,984 | 1,116,977 | |
Axsome Therapeutics, Inc. (a)(b) | 21,511 | 74,213 | |
Bio Path Holdings, Inc. (a)(b) | 16,665 | 22,664 | |
Biodelivery Sciences International, Inc. (b) | 170,623 | 507,603 | |
BioPharmX Corp. (a)(b) | 64,864 | 10,138 | |
Bristol-Myers Squibb Co. | 3,166,410 | 191,726,126 | |
Catalent, Inc. (b) | 281,165 | 11,752,697 | |
Cerecor, Inc. (a)(b) | 17,078 | 82,487 | |
Chiasma, Inc. (b) | 8,745 | 20,551 | |
Clearside Biomedical, Inc. (b) | 59,205 | 403,186 | |
Collegium Pharmaceutical, Inc. (a)(b) | 37,819 | 646,705 | |
ContraVir Pharmaceuticals, Inc. (a)(b) | 18,614 | 13,774 | |
Corcept Therapeutics, Inc. (a)(b) | 180,660 | 2,713,513 | |
Corium International, Inc. (a)(b) | 42,043 | 410,340 | |
CorMedix, Inc. (a)(b) | 48,587 | 30,124 | |
Cumberland Pharmaceuticals, Inc. (b) | 7,158 | 42,304 | |
CymaBay Therapeutics, Inc. (a)(b) | 115,491 | 1,574,142 | |
Dermira, Inc. (a)(b) | 70,654 | 672,626 | |
Dova Pharmaceuticals, Inc. (a)(b) | 24,096 | 613,243 | |
Durect Corp. (b) | 291,543 | 381,921 | |
Egalet Corp. (a)(b) | 12,340 | 4,751 | |
Eli Lilly & Co. | 1,852,484 | 195,714,935 | |
Eloxx Pharmaceuticals, Inc. (a)(b) | 47,990 | 879,177 | |
Endo International PLC (b) | 391,608 | 6,716,077 | |
Endocyte, Inc. (b) | 117,449 | 2,316,094 | |
Evofem Biosciences, Inc. (b) | 1,682 | 6,829 | |
Evolus, Inc. (b) | 20,100 | 514,359 | |
Eyepoint Pharmaceuticals, Inc. (a)(b) | 68,488 | 149,989 | |
Flex Pharma, Inc. (a)(b) | 10,224 | 5,061 | |
Gemphire Therapeutics, Inc. (a)(b) | 13,477 | 18,868 | |
Horizon Pharma PLC (b) | 317,826 | 6,718,842 | |
Imprimis Pharmaceuticals, Inc. (a)(b) | 10,757 | 32,701 | |
InflaRx NV (b) | 8,911 | 299,410 | |
Innoviva, Inc. (a)(b) | 134,795 | 1,957,223 | |
Intersect ENT, Inc. (b) | 61,422 | 1,799,665 | |
Intra-Cellular Therapies, Inc. (b) | 90,774 | 1,991,582 | |
Jazz Pharmaceuticals PLC (b) | 117,285 | 20,046,352 | |
Johnson & Johnson | 5,193,970 | 699,575,819 | |
Kala Pharmaceuticals, Inc. (b) | 12,699 | 171,563 | |
KemPharm, Inc. (a)(b) | 9,786 | 50,887 | |
Lannett Co., Inc. (a)(b) | 55,565 | 297,273 | |
Lipocine, Inc. (a)(b) | 20,645 | 30,761 | |
Mallinckrodt PLC (a)(b) | 161,170 | 5,553,918 | |
Marinus Pharmaceuticals, Inc. (a)(b) | 44,865 | 320,336 | |
Melinta Therapeutics, Inc. (b) | 86,180 | 402,892 | |
Merck & Co., Inc. | 5,212,503 | 357,525,581 | |
Mersana Therapeutics, Inc. (a)(b) | 8,641 | 120,542 | |
Mustang Bio, Inc. (a)(b) | 46,728 | 323,358 | |
Mylan NV (b) | 1,004,926 | 39,322,754 | |
MyoKardia, Inc. (b) | 65,691 | 4,049,850 | |
Nektar Therapeutics (a)(b) | 312,604 | 20,785,040 | |
Neos Therapeutics, Inc. (b) | 42,039 | 241,724 | |
Novan, Inc. (b) | 7,147 | 20,583 | |
Novus Therapeutics, Inc. (b) | 4,578 | 21,746 | |
Ocular Therapeutix, Inc. (b) | 54,730 | 369,428 | |
Odonate Therapeutics, Inc. (a)(b) | 11,840 | 227,210 | |
Omeros Corp. (a)(b) | 96,420 | 2,495,350 | |
Onconova Therapeutics, Inc. (b) | 624 | 268 | |
Otonomy, Inc. (b) | 38,289 | 114,867 | |
Pacira Pharmaceuticals, Inc. (b) | 77,357 | 3,647,383 | |
Pain Therapeutics, Inc. (a)(b) | 4,934 | 5,033 | |
Paratek Pharmaceuticals, Inc. (a)(b) | 50,371 | 516,303 | |
Pernix Therapeutics Holdings, Inc. (a)(b) | 4,109 | 4,438 | |
Perrigo Co. PLC | 254,814 | 19,495,819 | |
Pfizer, Inc. | 11,312,751 | 469,705,422 | |
Phibro Animal Health Corp. Class A | 42,271 | 1,995,191 | |
Plx Pharma PLC/New (b) | 290 | 957 | |
Prestige Brands Holdings, Inc. (a)(b) | 103,367 | 3,979,630 | |
Reata Pharmaceuticals, Inc. (b) | 30,461 | 2,630,612 | |
resTORbio, Inc. (a)(b) | 5,960 | 70,507 | |
Revance Therapeutics, Inc. (b) | 53,023 | 1,452,830 | |
Rhythm Pharmaceuticals, Inc. | 38,788 | 1,221,822 | |
scPharmaceuticals, Inc. (a)(b) | 5,674 | 29,051 | |
SCYNEXIS, Inc. (b) | 57,121 | 77,113 | |
SIGA Technologies, Inc. (b) | 136,087 | 1,119,996 | |
Spero Therapeutics, Inc. (a)(b) | 17,885 | 204,068 | |
Supernus Pharmaceuticals, Inc. (b) | 101,178 | 4,482,185 | |
Teligent, Inc. (a)(b) | 140,525 | 567,721 | |
Tetraphase Pharmaceuticals, Inc. (b) | 88,378 | 312,858 | |
The Medicines Company (a)(b) | 125,813 | 4,983,453 | |
TherapeuticsMD, Inc. (a)(b) | 357,620 | 2,317,378 | |
Theravance Biopharma, Inc. (a)(b) | 78,547 | 2,275,507 | |
Titan Pharmaceuticals, Inc. (a)(b) | 11,285 | 8,294 | |
VIVUS, Inc. (a)(b) | 157,068 | 88,272 | |
WAVE Life Sciences (b) | 28,404 | 1,513,933 | |
Zoetis, Inc. Class A | 935,759 | 84,779,765 | |
Zogenix, Inc. (a)(b) | 80,163 | 3,871,873 | |
Zynerba Pharmaceuticals, Inc. (b) | 23,422 | 188,079 | |
2,339,851,780 | |||
TOTAL HEALTH CARE | 8,270,622,371 | ||
INDUSTRIALS - 10.3% | |||
Aerospace & Defense - 2.4% | |||
AAR Corp. | 61,245 | 2,858,304 | |
Aerojet Rocketdyne Holdings, Inc. (a)(b) | 144,557 | 5,075,396 | |
AeroVironment, Inc. (a)(b) | 42,201 | 3,712,000 | |
Arconic, Inc. | 831,375 | 18,606,173 | |
Arotech Corp. (b) | 32,173 | 107,780 | |
Astronics Corp. (b) | 43,941 | 1,911,873 | |
Astrotech Corp. (b) | 1,741 | 5,972 | |
Axon Enterprise, Inc. (b) | 110,441 | 7,538,703 | |
BWX Technologies, Inc. | 198,337 | 12,162,025 | |
CPI Aerostructures, Inc. (b) | 5,980 | 49,933 | |
Cubic Corp. | 52,237 | 3,954,341 | |
Curtiss-Wright Corp. | 85,994 | 11,518,896 | |
Ducommun, Inc. (b) | 17,547 | 713,987 | |
Engility Holdings, Inc. (b) | 33,913 | 1,177,120 | |
Esterline Technologies Corp. (b) | 49,383 | 4,244,469 | |
General Dynamics Corp. | 534,817 | 103,433,608 | |
Harris Corp. | 230,443 | 37,449,292 | |
HEICO Corp. | 112,063 | 10,161,873 | |
HEICO Corp. Class A | 99,272 | 7,395,764 | |
Hexcel Corp. | 172,525 | 11,407,353 | |
Huntington Ingalls Industries, Inc. | 85,477 | 20,896,562 | |
Innovative Solutions & Support, Inc. (b) | 21,878 | 57,977 | |
KEYW Holding Corp. (a)(b) | 83,554 | 711,045 | |
KLX, Inc. (b) | 99,257 | 7,329,137 | |
Kratos Defense & Security Solutions, Inc. (a)(b) | 188,108 | 2,513,123 | |
L3 Technologies, Inc. | 150,372 | 32,137,504 | |
Lockheed Martin Corp. | 480,522 | 153,964,054 | |
Mercury Systems, Inc. (b) | 94,994 | 5,178,123 | |
Micronet Enertec Technologies, Inc. (b) | 3,018 | 3,803 | |
Moog, Inc. Class A | 63,191 | 4,986,402 | |
National Presto Industries, Inc. (a) | 9,348 | 1,239,545 | |
Northrop Grumman Corp. | 337,543 | 100,753,210 | |
Raytheon Co. | 555,761 | 110,840,974 | |
Rockwell Collins, Inc. | 315,740 | 42,924,853 | |
SIFCO Industries, Inc. (b) | 891 | 4,678 | |
Sparton Corp. (b) | 13,384 | 170,914 | |
Spirit AeroSystems Holdings, Inc. Class A | 218,638 | 18,693,549 | |
Teledyne Technologies, Inc. (b) | 71,647 | 16,998,967 | |
Textron, Inc. | 501,644 | 34,628,485 | |
The Boeing Co. | 1,059,025 | 363,023,180 | |
TransDigm Group, Inc. (a) | 93,780 | 32,823,000 | |
Triumph Group, Inc. | 96,901 | 2,015,541 | |
United Technologies Corp. | 1,436,142 | 189,139,901 | |
Vectrus, Inc. (b) | 21,828 | 716,395 | |
Wesco Aircraft Holdings, Inc. (b) | 115,814 | 1,407,140 | |
1,386,642,924 | |||
Air Freight & Logistics - 0.6% | |||
Air Transport Services Group, Inc. (b) | 93,235 | 1,897,332 | |
Atlas Air Worldwide Holdings, Inc. (b) | 53,392 | 3,251,573 | |
C.H. Robinson Worldwide, Inc. | 268,656 | 25,812,468 | |
Echo Global Logistics, Inc. (b) | 48,848 | 1,621,754 | |
Expeditors International of Washington, Inc. | 336,984 | 24,694,188 | |
FedEx Corp. | 473,704 | 115,560,091 | |
Forward Air Corp. | 54,775 | 3,519,842 | |
Hub Group, Inc. Class A (b) | 68,591 | 3,625,034 | |
Radiant Logistics, Inc. (b) | 54,959 | 239,072 | |
United Parcel Service, Inc. Class B | 1,334,412 | 163,972,547 | |
XPO Logistics, Inc. (b) | 203,064 | 21,626,316 | |
365,820,217 | |||
Airlines - 0.4% | |||
Alaska Air Group, Inc. | 239,265 | 16,147,995 | |
Allegiant Travel Co. | 26,478 | 3,607,628 | |
American Airlines Group, Inc. (a) | 803,180 | 32,512,726 | |
Delta Air Lines, Inc. | 1,245,372 | 72,829,355 | |
Hawaiian Holdings, Inc. | 101,162 | 4,198,223 | |
JetBlue Airways Corp. (b) | 604,815 | 11,539,870 | |
SkyWest, Inc. | 103,271 | 6,743,596 | |
Southwest Airlines Co. | 1,029,855 | 63,130,112 | |
Spirit Airlines, Inc. (a)(b) | 136,282 | 6,476,121 | |
United Continental Holdings, Inc. (b) | 453,940 | 39,683,435 | |
256,869,061 | |||
Building Products - 0.4% | |||
A.O. Smith Corp. | 280,791 | 16,308,341 | |
AAON, Inc. (a) | 75,766 | 3,060,946 | |
Advanced Drain Systems, Inc. Del | 80,409 | 2,520,822 | |
Allegion PLC | 182,670 | 15,932,477 | |
American Woodmark Corp. (b) | 25,723 | 2,185,169 | |
Apogee Enterprises, Inc. | 57,956 | 2,852,594 | |
Armstrong World Industries, Inc. (b) | 101,993 | 7,119,111 | |
Builders FirstSource, Inc. (b) | 211,226 | 3,299,350 | |
Continental Building Products, Inc. (b) | 69,835 | 2,604,846 | |
COVIA Corp. (a)(b) | 69,245 | 784,546 | |
CSW Industrials, Inc. (b) | 30,039 | 1,682,184 | |
Fortune Brands Home & Security, Inc. | 275,918 | 14,618,136 | |
GCP Applied Technologies, Inc. (b) | 158,460 | 3,993,192 | |
Gibraltar Industries, Inc. (b) | 65,294 | 2,964,348 | |
GMS, Inc. (b) | 62,105 | 1,543,309 | |
Griffon Corp. | 59,127 | 1,079,068 | |
Insteel Industries, Inc. | 37,939 | 1,454,961 | |
Jeld-Wen Holding, Inc. (b) | 148,484 | 3,611,131 | |
Johnson Controls International PLC (a) | 1,789,406 | 67,585,865 | |
Lennox International, Inc. | 72,228 | 16,093,121 | |
Masco Corp. | 597,451 | 22,685,214 | |
Masonite International Corp. (b) | 57,874 | 3,874,664 | |
NCI Building Systems, Inc. (b) | 83,177 | 1,405,691 | |
Owens Corning | 214,220 | 12,129,136 | |
Patrick Industries, Inc. (b) | 43,398 | 2,777,472 | |
PGT, Inc. (b) | 102,511 | 2,491,017 | |
Quanex Building Products Corp. | 68,283 | 1,119,841 | |
Simpson Manufacturing Co. Ltd. | 82,104 | 6,303,124 | |
Tecogen, Inc. New (b) | 2,274 | 7,027 | |
Trex Co., Inc. (b) | 113,536 | 9,616,499 | |
Universal Forest Products, Inc. | 122,245 | 4,579,298 | |
USG Corp. (b) | 164,740 | 7,100,294 | |
245,382,794 | |||
Commercial Services & Supplies - 0.6% | |||
ABM Industries, Inc. | 140,028 | 4,441,688 | |
ACCO Brands Corp. | 198,147 | 2,457,023 | |
ADS Waste Holdings, Inc. (b) | 88,843 | 2,370,331 | |
Aqua Metals, Inc. (a)(b) | 55,073 | 133,827 | |
ARC Document Solutions, Inc. (b) | 67,501 | 217,353 | |
Brady Corp. Class A | 100,860 | 4,079,787 | |
Casella Waste Systems, Inc. Class A (b) | 75,879 | 2,153,446 | |
CECO Environmental Corp. | 48,389 | 408,403 | |
Cintas Corp. | 166,096 | 35,439,904 | |
Clean Harbors, Inc. (b) | 97,820 | 6,709,474 | |
Copart, Inc. (b) | 391,866 | 25,200,902 | |
Covanta Holding Corp. | 268,834 | 4,744,920 | |
Deluxe Corp. | 99,293 | 5,880,131 | |
Document Security Systems, Inc. (b) | 4,956 | 6,096 | |
Ennis, Inc. | 45,103 | 983,245 | |
Essendant, Inc. | 81,308 | 1,173,274 | |
Evoqua Water Technologies Corp. (a)(b) | 129,946 | 2,518,353 | |
Fuel Tech, Inc. (b) | 51,934 | 61,282 | |
Healthcare Services Group, Inc. | 146,219 | 6,025,685 | |
Heritage-Crystal Clean, Inc. (b) | 24,833 | 578,609 | |
Herman Miller, Inc. | 110,582 | 4,235,291 | |
HNI Corp. | 80,621 | 3,555,386 | |
Hudson Technologies, Inc. (a)(b) | 56,393 | 105,455 | |
Industrial Services of America, Inc. (b) | 1,620 | 3,750 | |
Interface, Inc. | 108,800 | 2,562,240 | |
Intersections, Inc. (a)(b) | 12,865 | 22,256 | |
KAR Auction Services, Inc. | 260,140 | 16,308,177 | |
Kimball International, Inc. Class B | 67,655 | 1,181,933 | |
Knoll, Inc. | 98,653 | 2,322,292 | |
LSC Communications, Inc. | 75,405 | 922,203 | |
Matthews International Corp. Class A | 64,028 | 3,323,053 | |
McGrath RentCorp. | 45,864 | 2,660,112 | |
Mobile Mini, Inc. | 87,122 | 3,737,534 | |
Msa Safety, Inc. | 64,315 | 6,501,603 | |
Multi-Color Corp. | 29,677 | 1,832,555 | |
NL Industries, Inc. (b) | 9,391 | 74,189 | |
Odyssey Marine Exploration, Inc. (a)(b) | 19,370 | 180,528 | |
Performant Financial Corp. (b) | 31,038 | 75,112 | |
Perma-Fix Environmental Services, Inc. (b) | 6,937 | 32,951 | |
PICO Holdings, Inc. | 40,505 | 484,035 | |
Pitney Bowes, Inc. | 355,612 | 2,581,743 | |
Quad/Graphics, Inc. | 60,578 | 1,379,361 | |
Quest Resource Holding Corp. (b) | 2,977 | 6,401 | |
R.R. Donnelley & Sons Co. | 149,303 | 755,473 | |
Republic Services, Inc. | 436,427 | 32,016,285 | |
Rollins, Inc. | 202,826 | 12,185,786 | |
SP Plus Corp. (b) | 41,799 | 1,625,981 | |
Steelcase, Inc. Class A | 174,208 | 2,543,437 | |
Stericycle, Inc. (b) | 167,390 | 10,326,289 | |
Team, Inc. (a)(b) | 59,115 | 1,377,380 | |
Tetra Tech, Inc. | 110,597 | 7,719,671 | |
The Brink's Co. | 99,071 | 7,440,232 | |
U.S. Ecology, Inc. | 42,920 | 3,122,430 | |
UniFirst Corp. | 31,673 | 5,865,840 | |
Viad Corp. | 42,117 | 2,594,407 | |
Virco Manufacturing Co. | 2,682 | 13,276 | |
VSE Corp. | 14,696 | 566,972 | |
Waste Management, Inc. | 769,545 | 69,951,641 | |
317,776,993 | |||
Construction & Engineering - 0.2% | |||
AECOM (b) | 308,868 | 10,390,320 | |
Aegion Corp. (b) | 60,444 | 1,508,682 | |
Ameresco, Inc. Class A (b) | 38,199 | 548,156 | |
Argan, Inc. | 31,781 | 1,264,884 | |
Comfort Systems U.S.A., Inc. | 69,706 | 4,001,124 | |
Construction Partners, Inc. Class A | 10,594 | 128,717 | |
Dycom Industries, Inc. (a)(b) | 59,430 | 4,986,771 | |
EMCOR Group, Inc. | 114,642 | 9,182,824 | |
Fluor Corp. | 271,131 | 15,565,631 | |
Goldfield Corp. | 41,171 | 195,562 | |
Granite Construction, Inc. | 87,105 | 3,978,956 | |
Great Lakes Dredge & Dock Corp. (b) | 84,939 | 465,041 | |
HC2 Holdings, Inc. (b) | 59,402 | 372,451 | |
Ies Holdings, Inc. (b) | 16,326 | 312,643 | |
Jacobs Engineering Group, Inc. | 231,718 | 16,843,581 | |
KBR, Inc. | 285,164 | 5,982,741 | |
Keane Group, Inc. (b) | 93,529 | 1,148,536 | |
MasTec, Inc. (a)(b) | 122,920 | 5,383,896 | |
MYR Group, Inc. (b) | 33,116 | 1,151,443 | |
Northwest Pipe Co. (b) | 13,547 | 244,659 | |
NV5 Holdings, Inc. (b) | 21,059 | 1,862,669 | |
Orion Group Holdings, Inc. (b) | 40,114 | 345,783 | |
Primoris Services Corp. | 85,135 | 2,133,483 | |
Quanta Services, Inc. (b) | 285,747 | 9,883,989 | |
Sterling Construction Co., Inc. (b) | 41,743 | 607,361 | |
Tutor Perini Corp. (a)(b) | 72,569 | 1,476,779 | |
Valmont Industries, Inc. | 47,070 | 6,608,628 | |
Williams Scotsman Corp. (a)(b) | 94,877 | 1,655,604 | |
108,230,914 | |||
Electrical Equipment - 0.7% | |||
Acuity Brands, Inc. | 78,436 | 11,988,158 | |
Allied Motion Technologies, Inc. | 12,157 | 593,748 | |
American Superconductor Corp. (a)(b) | 28,086 | 171,325 | |
AMETEK, Inc. | 449,417 | 34,587,132 | |
AZZ, Inc. | 51,737 | 2,780,864 | |
Babcock & Wilcox Enterprises, Inc. (a)(b) | 351,396 | 491,954 | |
Broadwind Energy, Inc. (b) | 15,938 | 34,745 | |
Capstone Turbine Corp. (a)(b) | 116,532 | 130,516 | |
Eaton Corp. PLC | 843,603 | 70,137,153 | |
Emerson Electric Co. | 1,217,413 | 93,412,099 | |
Encore Wire Corp. | 41,219 | 2,071,255 | |
Energous Corp. (a)(b) | 37,680 | 483,058 | |
Energy Focus, Inc. (a)(b) | 8,003 | 17,206 | |
EnerSys | 85,554 | 7,100,126 | |
Enphase Energy, Inc. (a)(b) | 145,162 | 709,842 | |
EnSync, Inc. (b) | 32,445 | 11,356 | |
Espey Manufacturing & Electronics Corp. | 2,015 | 53,901 | |
Fortive Corp. | 590,464 | 49,587,167 | |
FuelCell Energy, Inc. (a)(b) | 124,980 | 146,227 | |
Generac Holdings, Inc. (b) | 118,381 | 6,568,962 | |
GrafTech International Ltd. | 92,608 | 1,711,396 | |
Hubbell, Inc. Class B | 106,910 | 13,509,148 | |
Ideal Power, Inc. (a)(b) | 38,104 | 25,160 | |
LSI Industries, Inc. | 41,234 | 213,180 | |
Ocean Power Technologies, Inc. (a)(b) | 1,104 | 818 | |
Orion Energy Systems, Inc. (b) | 20,733 | 19,738 | |
Plug Power, Inc. (a)(b) | 485,070 | 955,588 | |
Powell Industries, Inc. | 13,455 | 526,763 | |
Preformed Line Products Co. | 3,783 | 309,071 | |
Regal Beloit Corp. | 88,822 | 7,434,401 | |
Revolution Lighting Technologies, Inc. (a)(b) | 12,794 | 34,672 | |
Rockwell Automation, Inc. | 240,440 | 43,510,022 | |
Sensata Technologies, Inc. PLC (a)(b) | 332,749 | 17,619,060 | |
Sunrun, Inc. (a)(b) | 135,686 | 1,780,200 | |
Sunworks, Inc. (a)(b) | 12,722 | 8,759 | |
Thermon Group Holdings, Inc. (b) | 61,565 | 1,649,942 | |
TPI Composites, Inc. (b) | 29,824 | 835,967 | |
Ultralife Corp. (b) | 13,410 | 115,997 | |
Vicor Corp. (b) | 36,584 | 2,284,671 | |
Vivint Solar, Inc. (b) | 47,226 | 247,937 | |
373,869,284 | |||
Industrial Conglomerates - 1.3% | |||
3M Co. | 1,148,186 | 242,175,391 | |
Carlisle Companies, Inc. | 118,678 | 15,049,557 | |
General Electric Co. | 16,832,865 | 217,817,273 | |
Honeywell International, Inc. | 1,442,899 | 229,507,515 | |
ITT, Inc. | 172,118 | 10,173,895 | |
Raven Industries, Inc. | 69,340 | 3,356,056 | |
Roper Technologies, Inc. | 199,894 | 59,642,373 | |
777,722,060 | |||
Machinery - 1.8% | |||
Actuant Corp. Class A | 125,422 | 3,693,678 | |
AGCO Corp. | 131,250 | 7,830,375 | |
Alamo Group, Inc. | 17,898 | 1,705,679 | |
Albany International Corp. Class A | 62,689 | 4,836,456 | |
Allison Transmission Holdings, Inc. | 248,055 | 12,318,411 | |
Altra Industrial Motion Corp. (a) | 59,112 | 2,308,324 | |
American Railcar Industries, Inc. | 11,797 | 540,539 | |
Apergy Corp. (a)(b) | 151,299 | 6,841,741 | |
ARC Group Worldwide, Inc. (b) | 1,450 | 2,755 | |
Astec Industries, Inc. | 38,170 | 1,856,971 | |
Barnes Group, Inc. | 99,892 | 6,798,650 | |
Blue Bird Corp. (a)(b) | 19,796 | 454,318 | |
Briggs & Stratton Corp. | 97,049 | 1,956,508 | |
Cactus, Inc. (b) | 76,604 | 2,618,325 | |
Caterpillar, Inc. | 1,154,351 | 160,281,636 | |
Chart Industries, Inc. (a)(b) | 59,494 | 4,494,772 | |
CIRCOR International, Inc. | 43,898 | 1,991,213 | |
Colfax Corp. (b) | 200,004 | 6,984,140 | |
Columbus McKinnon Corp. (NY Shares) | 35,569 | 1,512,750 | |
Commercial Vehicle Group, Inc. (b) | 77,079 | 752,291 | |
Crane Co. | 102,153 | 9,324,526 | |
Cummins, Inc. | 297,973 | 42,252,571 | |
Deere & Co. | 626,898 | 90,147,932 | |
Dmc Global, Inc. | 26,383 | 1,035,533 | |
Donaldson Co., Inc. | 259,438 | 13,127,563 | |
Douglas Dynamics, Inc. | 45,549 | 2,086,144 | |
Dover Corp. | 297,645 | 25,558,776 | |
Eastern Co. | 5,588 | 164,846 | |
Energy Recovery, Inc. (a)(b) | 61,650 | 597,389 | |
EnPro Industries, Inc. | 39,127 | 2,937,264 | |
ESCO Technologies, Inc. | 51,155 | 3,460,636 | |
ExOne Co. (a)(b) | 13,829 | 122,110 | |
Federal Signal Corp. | 119,603 | 3,113,266 | |
Flowserve Corp. | 256,637 | 13,375,920 | |
Franklin Electric Co., Inc. | 78,635 | 3,845,252 | |
FreightCar America, Inc. | 19,411 | 328,240 | |
Gardner Denver Holdings, Inc. (b) | 133,892 | 3,743,620 | |
Gates Industrial Corp. PLC (b) | 113,859 | 2,075,650 | |
Gencor Industries, Inc. (b) | 2,773 | 35,772 | |
Global Brass & Copper Holdings, Inc. | 40,805 | 1,573,033 | |
Gorman-Rupp Co. | 39,337 | 1,442,094 | |
Graco, Inc. | 320,025 | 15,044,375 | |
Graham Corp. | 13,997 | 389,257 | |
Greenbrier Companies, Inc. (a) | 53,689 | 3,113,962 | |
Harsco Corp. (b) | 164,375 | 4,643,594 | |
Hillenbrand, Inc. | 122,624 | 6,272,218 | |
Hurco Companies, Inc. | 7,331 | 314,500 | |
Hyster-Yale Materials Handling Class A | 17,565 | 1,083,761 | |
IDEX Corp. | 156,102 | 23,916,387 | |
Illinois Tool Works, Inc. | 588,618 | 81,747,268 | |
Ingersoll-Rand PLC | 478,155 | 48,432,320 | |
Jason Industries, Inc. (b) | 13,118 | 36,337 | |
John Bean Technologies Corp. | 63,649 | 7,529,677 | |
Kadant, Inc. | 21,551 | 2,177,729 | |
Kennametal, Inc. | 154,088 | 6,292,954 | |
L.B. Foster Co. Class A (b) | 14,781 | 336,268 | |
Lincoln Electric Holdings, Inc. | 119,307 | 11,233,947 | |
Lindsay Corp. | 21,677 | 2,076,006 | |
LiqTech International, Inc. (b) | 29,487 | 37,448 | |
Lydall, Inc. (b) | 35,107 | 1,502,580 | |
Manitex International, Inc. (b) | 22,611 | 239,224 | |
Manitowoc Co., Inc. (b) | 77,458 | 1,796,251 | |
Meritor, Inc. (b) | 165,960 | 3,594,694 | |
Middleby Corp. (a)(b) | 106,607 | 12,957,015 | |
Milacron Holdings Corp. (b) | 108,228 | 2,294,434 | |
Miller Industries, Inc. | 17,053 | 491,126 | |
Mueller Industries, Inc. | 105,921 | 3,386,294 | |
Mueller Water Products, Inc. Class A | 293,253 | 3,392,937 | |
Navistar International Corp. New (b) | 135,078 | 5,885,348 | |
NN, Inc. | 52,533 | 1,050,660 | |
Nordson Corp. | 100,267 | 13,939,118 | |
Omega Flex, Inc. | 9,376 | 832,120 | |
Oshkosh Corp. | 140,191 | 9,849,820 | |
PACCAR, Inc. | 679,547 | 46,494,606 | |
Park-Ohio Holdings Corp. | 14,422 | 597,792 | |
Parker Hannifin Corp. | 253,685 | 44,547,086 | |
Pentair PLC (a) | 305,732 | 13,293,227 | |
ProPetro Holding Corp. (a)(b) | 135,286 | 2,059,053 | |
Proto Labs, Inc. (b) | 50,933 | 7,917,535 | |
RBC Bearings, Inc. (b) | 45,770 | 6,856,804 | |
Rexnord Corp. (b) | 212,340 | 6,164,230 | |
Snap-On, Inc. | 109,115 | 19,289,350 | |
Spartan Motors, Inc. | 58,691 | 848,085 | |
SPX Corp. (b) | 82,686 | 2,810,497 | |
SPX Flow, Inc. (b) | 81,195 | 3,892,488 | |
Standex International Corp. | 25,325 | 2,732,568 | |
Stanley Black & Decker, Inc. | 297,054 | 41,744,999 | |
Sun Hydraulics Corp. | 54,328 | 2,734,872 | |
Tennant Co. | 37,244 | 2,851,028 | |
Terex Corp. | 134,325 | 5,205,094 | |
The L.S. Starrett Co. Class A | 4,836 | 30,950 | |
Timken Co. | 132,173 | 6,430,216 | |
Titan International, Inc. | 99,148 | 741,627 | |
Toro Co. | 202,538 | 12,312,285 | |
TriMas Corp. (b) | 87,891 | 2,698,254 | |
Trinity Industries, Inc. | 282,304 | 10,117,775 | |
Twin Disc, Inc. (b) | 12,776 | 326,427 | |
Wabash National Corp. | 128,198 | 2,338,332 | |
WABCO Holdings, Inc. (b) | 97,717 | 12,027,008 | |
Wabtec Corp. (a) | 164,993 | 17,872,042 | |
Watts Water Technologies, Inc. Class A | 51,551 | 4,250,380 | |
Woodward, Inc. | 106,719 | 8,597,283 | |
Xerium Technologies, Inc. (b) | 24,055 | 323,299 | |
Xylem, Inc. | 346,859 | 26,330,067 | |
1,040,452,557 | |||
Marine - 0.0% | |||
Genco Shipping & Trading Ltd. (b) | 30,037 | 412,408 | |
Kirby Corp. (b) | 104,255 | 9,101,462 | |
Matson, Inc. | 77,859 | 2,908,812 | |
12,422,682 | |||
Professional Services - 0.5% | |||
Acacia Research Corp. (b) | 85,808 | 334,651 | |
Asgn, Inc. (b) | 102,509 | 9,491,308 | |
Barrett Business Services, Inc. | 14,280 | 1,071,428 | |
BG Staffing, Inc. | 15,034 | 366,228 | |
CBIZ, Inc. (b) | 102,613 | 2,452,451 | |
CoStar Group, Inc. (b) | 70,825 | 31,315,982 | |
CRA International, Inc. | 15,589 | 891,067 | |
Dun & Bradstreet Corp. | 69,069 | 9,871,341 | |
Equifax, Inc. | 231,868 | 31,063,356 | |
Exponent, Inc. | 105,908 | 5,544,284 | |
Forrester Research, Inc. | 19,263 | 947,740 | |
Franklin Covey Co. (b) | 21,149 | 541,414 | |
FTI Consulting, Inc. (b) | 72,107 | 5,495,996 | |
GP Strategies Corp. (b) | 24,233 | 461,639 | |
Heidrick & Struggles International, Inc. | 35,167 | 1,554,381 | |
Hudson Global, Inc. (b) | 13,947 | 24,128 | |
Huron Consulting Group, Inc. (b) | 44,292 | 2,192,454 | |
ICF International, Inc. | 39,140 | 3,195,781 | |
IHS Markit Ltd. (b) | 692,751 | 38,101,305 | |
InnerWorkings, Inc. (b) | 93,417 | 730,521 | |
Insperity, Inc. | 75,823 | 9,087,387 | |
Kelly Services, Inc. Class A (non-vtg.) | 58,614 | 1,477,659 | |
Kforce, Inc. | 47,957 | 2,016,592 | |
Korn/Ferry International | 104,534 | 7,017,367 | |
Manpower, Inc. | 124,187 | 11,640,048 | |
Marathon Patent Group, Inc. (a)(b) | 2,210 | 2,166 | |
Mastech Digital, Inc. (b) | 746 | 7,833 | |
MISTRAS Group, Inc. (b) | 29,557 | 674,195 | |
Navigant Consulting, Inc. | 88,402 | 2,111,924 | |
Nielsen Holdings PLC | 643,338 | 16,726,788 | |
RCM Technologies, Inc. | 9,908 | 48,549 | |
Reis, Inc. | 9,166 | 211,276 | |
Resources Connection, Inc. | 51,824 | 857,687 | |
Robert Half International, Inc. | 239,490 | 18,723,328 | |
TransUnion Holding Co., Inc. | 293,200 | 22,077,960 | |
TriNet Group, Inc. (b) | 78,552 | 4,640,067 | |
TrueBlue, Inc. (b) | 75,110 | 2,200,723 | |
Verisk Analytics, Inc. (b) | 297,961 | 35,484,175 | |
Volt Information Sciences, Inc. (b) | 6,248 | 21,868 | |
WageWorks, Inc. (a)(b) | 80,292 | 4,295,622 | |
Willdan Group, Inc. (a)(b) | 10,974 | 344,254 | |
285,314,923 | |||
Road & Rail - 1.0% | |||
AMERCO | 13,656 | 5,119,498 | |
ArcBest Corp. | 51,704 | 2,486,962 | |
Avis Budget Group, Inc. (b) | 136,725 | 4,253,515 | |
Covenant Transport Group, Inc. Class A (b) | 19,818 | 591,964 | |
CSX Corp. | 1,690,565 | 125,372,300 | |
Daseke, Inc. (b) | 99,388 | 893,498 | |
Genesee & Wyoming, Inc. Class A (b) | 114,611 | 10,073,161 | |
Heartland Express, Inc. | 106,928 | 2,186,678 | |
J.B. Hunt Transport Services, Inc. | 163,958 | 19,797,929 | |
Kansas City Southern | 196,910 | 22,833,684 | |
Knight-Swift Transportation Holdings, Inc. Class A | 245,159 | 8,367,277 | |
Landstar System, Inc. | 82,670 | 9,573,186 | |
Marten Transport Ltd. | 73,518 | 1,621,072 | |
Norfolk Southern Corp. | 547,449 | 95,168,534 | |
Old Dominion Freight Lines, Inc. | 133,852 | 20,399,045 | |
P.A.M. Transportation Services, Inc. (b) | 3,193 | 186,056 | |
Patriot Transportation Holding, Inc. (b) | 1,280 | 25,971 | |
Roadrunner Transportation Systems, Inc. (b) | 43,638 | 56,729 | |
Ryder System, Inc. | 101,736 | 7,817,394 | |
Saia, Inc. (b) | 54,211 | 4,296,222 | |
Schneider National, Inc. Class B | 73,442 | 1,986,606 | |
U.S.A. Truck, Inc. (b) | 13,000 | 284,830 | |
Union Pacific Corp. | 1,498,104 | 225,644,424 | |
Universal Logistics Holdings, Inc. | 19,202 | 702,793 | |
Werner Enterprises, Inc. (a) | 93,918 | 3,479,662 | |
YRC Worldwide, Inc. (b) | 47,961 | 458,987 | |
573,677,977 | |||
Trading Companies & Distributors - 0.4% | |||
AeroCentury Corp. (b) | 688 | 11,799 | |
Air Lease Corp. Class A | 196,588 | 9,084,331 | |
Aircastle Ltd. | 114,719 | 2,399,921 | |
Applied Industrial Technologies, Inc. | 73,619 | 5,672,344 | |
Beacon Roofing Supply, Inc. (b) | 133,931 | 4,966,161 | |
BlueLinx Corp. (a)(b) | 15,461 | 555,514 | |
BMC Stock Holdings, Inc. (b) | 114,770 | 2,582,325 | |
CAI International, Inc. (b) | 29,270 | 789,997 | |
DXP Enterprises, Inc. (b) | 35,307 | 1,620,238 | |
EnviroStar, Inc. | 2,922 | 138,065 | |
Fastenal Co. | 550,441 | 32,123,737 | |
GATX Corp. | 72,462 | 6,119,416 | |
General Finance Corp. (b) | 24,408 | 333,169 | |
H&E Equipment Services, Inc. | 57,616 | 2,005,613 | |
HD Supply Holdings, Inc. (b) | 361,647 | 16,487,487 | |
Herc Holdings, Inc. (b) | 53,715 | 2,824,335 | |
Houston Wire & Cable Co. (b) | 17,990 | 147,518 | |
Huttig Building Products, Inc. (a)(b) | 22,831 | 118,265 | |
Kaman Corp. | 55,700 | 3,632,197 | |
Lawson Products, Inc. (b) | 6,300 | 212,310 | |
MRC Global, Inc. (b) | 173,407 | 3,573,918 | |
MSC Industrial Direct Co., Inc. Class A | 88,439 | 7,559,766 | |
Nexeo Solutions, Inc. (b) | 103,751 | 1,038,548 | |
Now, Inc. (a)(b) | 223,998 | 3,850,526 | |
Rush Enterprises, Inc. Class A | 66,284 | 2,847,561 | |
SiteOne Landscape Supply, Inc. (a)(b) | 75,950 | 6,863,602 | |
Systemax, Inc. | 25,488 | 930,312 | |
Titan Machinery, Inc. (b) | 39,035 | 704,972 | |
Transcat, Inc. (b) | 1,764 | 42,953 | |
Triton International Ltd. | 90,645 | 3,424,568 | |
United Rentals, Inc. (b) | 161,067 | 25,105,513 | |
Univar, Inc. (b) | 216,684 | 6,028,149 | |
Veritiv Corp. (b) | 20,555 | 981,501 | |
W.W. Grainger, Inc. | 99,004 | 35,054,346 | |
Watsco, Inc. | 63,561 | 11,122,539 | |
WESCO International, Inc. (b) | 89,453 | 5,470,051 | |
Willis Lease Finance Corp. (b) | 3,680 | 126,150 | |
206,549,717 | |||
Transportation Infrastructure - 0.0% | |||
Macquarie Infrastructure Co. LLC | 155,741 | 7,326,057 | |
TOTAL INDUSTRIALS | 5,958,058,160 | ||
INFORMATION TECHNOLOGY - 25.3% | |||
Communications Equipment - 1.2% | |||
ADTRAN, Inc. | 98,876 | 1,700,667 | |
Aerohive Networks, Inc. (b) | 130,171 | 549,322 | |
Applied Optoelectronics, Inc. (a)(b) | 37,490 | 1,550,586 | |
Arista Networks, Inc. (b) | 92,276 | 27,588,678 | |
Arris International PLC (b) | 342,940 | 8,885,575 | |
Aviat Networks, Inc. (b) | 5,550 | 98,790 | |
Bank Technologies, Inc. | 9,436 | 35,857 | |
Black Box Corp. (a)(b) | 16,753 | 20,941 | |
Blonder Tongue Laboratories, Inc. (a)(b) | 3,352 | 4,525 | |
CalAmp Corp. (b) | 63,415 | 1,490,253 | |
Calix Networks, Inc. (b) | 78,308 | 610,802 | |
Carvana Co. Class A (a)(b) | 64,380 | 4,167,961 | |
Ciena Corp. (b) | 279,723 | 8,833,652 | |
Cisco Systems, Inc. | 9,094,558 | 434,447,036 | |
Clearfield, Inc. (a)(b) | 16,017 | 218,632 | |
CommScope Holding Co., Inc. (b) | 384,070 | 12,171,178 | |
Communications Systems, Inc. | 4,311 | 14,744 | |
Comtech Telecommunications Corp. | 47,745 | 1,711,658 | |
Dasan Zhone Solutions, Inc. (b) | 1,172 | 12,704 | |
Digi International, Inc. (b) | 40,102 | 539,372 | |
EchoStar Holding Corp. Class A (b) | 101,657 | 4,879,536 | |
EMCORE Corp. (b) | 50,451 | 244,687 | |
Extreme Networks, Inc. (b) | 245,320 | 1,538,156 | |
F5 Networks, Inc. (b) | 116,728 | 22,075,599 | |
Finisar Corp. (a)(b) | 225,637 | 4,602,995 | |
Harmonic, Inc. (b) | 151,876 | 827,724 | |
Infinera Corp. (b) | 292,195 | 2,615,145 | |
InterDigital, Inc. | 69,625 | 5,751,025 | |
Juniper Networks, Inc. | 666,051 | 18,935,830 | |
KVH Industries, Inc. (b) | 23,641 | 294,330 | |
Lantronix, Inc. (b) | 71 | 378 | |
Lumentum Holdings, Inc. (a)(b) | 121,030 | 8,217,937 | |
Motorola Solutions, Inc. | 316,034 | 40,566,124 | |
NETGEAR, Inc. (b) | 61,250 | 4,339,563 | |
NetScout Systems, Inc. (a)(b) | 166,854 | 4,171,350 | |
Network-1 Security Solutions, Inc. | 21,477 | 62,283 | |
Oclaro, Inc. (b) | 327,153 | 3,121,040 | |
Optical Cable Corp. (b) | 564 | 2,171 | |
Palo Alto Networks, Inc. (b) | 177,269 | 40,975,729 | |
PC-Tel, Inc. | 11,999 | 52,076 | |
Plantronics, Inc. | 61,152 | 4,110,637 | |
Quantenna Communications, Inc. (b) | 45,324 | 828,069 | |
Resonant, Inc. (a)(b) | 33,716 | 179,032 | |
Sonus Networks, Inc. (b) | 96,218 | 665,829 | |
Tessco Technologies, Inc. | 8,837 | 157,740 | |
Ubiquiti Networks, Inc. (a) | 44,626 | 4,003,398 | |
ViaSat, Inc. (a)(b) | 110,840 | 6,962,969 | |
Viavi Solutions, Inc. (b) | 430,589 | 4,822,597 | |
Westell Technologies, Inc. Class A (b) | 18,994 | 54,513 | |
689,711,395 | |||
Electronic Equipment & Components - 0.9% | |||
ADT, Inc. (a) | 248,071 | 2,220,235 | |
Akoustis Technologies, Inc. (a)(b) | 16,654 | 138,894 | |
Amphenol Corp. Class A | 579,462 | 54,805,516 | |
Anixter International, Inc. (b) | 56,429 | 4,068,531 | |
Applied DNA Sciences, Inc. (a)(b) | 18,968 | 23,141 | |
Arrow Electronics, Inc. (b) | 170,045 | 13,183,589 | |
Avnet, Inc. | 233,063 | 11,280,249 | |
AVX Corp. | 141,087 | 2,983,990 | |
Badger Meter, Inc. | 71,423 | 3,924,694 | |
Bel Fuse, Inc. Class B (non-vtg.) | 13,939 | 399,352 | |
Belden, Inc. (a) | 76,472 | 5,561,044 | |
Benchmark Electronics, Inc. | 106,802 | 2,760,832 | |
Cardtronics PLC (b) | 88,314 | 3,098,938 | |
Casa Systems, Inc. (a)(b) | 32,499 | 477,410 | |
CDW Corp. | 293,645 | 25,711,556 | |
ClearSign Combustion Corp. (a)(b) | 37,840 | 77,572 | |
Cognex Corp. | 334,381 | 17,989,698 | |
Coherent, Inc. (b) | 47,244 | 9,004,706 | |
Control4 Corp. (b) | 35,202 | 1,140,897 | |
Corning, Inc. | 1,602,127 | 53,687,276 | |
CTS Corp. | 68,145 | 2,517,958 | |
CUI Global, Inc. (b) | 26,608 | 60,134 | |
Daktronics, Inc. | 62,775 | 509,105 | |
Dell Technologies, Inc. (b) | 384,908 | 37,016,602 | |
Dolby Laboratories, Inc. Class A | 126,838 | 8,902,759 | |
DPW Holdings, Inc. (a)(b) | 36,717 | 17,995 | |
Echelon Corp. (b) | 3,219 | 27,201 | |
Electro Scientific Industries, Inc. (a)(b) | 77,933 | 1,710,629 | |
eMagin Corp. (a)(b) | 5,084 | 7,372 | |
ePlus, Inc. (b) | 25,477 | 2,640,691 | |
Fabrinet | 71,377 | 3,416,817 | |
FARO Technologies, Inc. (b) | 33,227 | 2,266,081 | |
Fitbit, Inc. (a)(b) | 329,669 | 1,984,607 | |
FLIR Systems, Inc. | 264,525 | 16,596,299 | |
Frequency Electronics, Inc. (b) | 2,550 | 21,165 | |
I. D. Systems Inc. (b) | 6,071 | 39,097 | |
Identiv, Inc. (b) | 13,618 | 82,661 | |
IEC Electronics Corp. (b) | 4,622 | 25,375 | |
II-VI, Inc. (a)(b) | 108,470 | 5,396,383 | |
Insight Enterprises, Inc. (b) | 74,803 | 4,124,637 | |
Intellicheck, Inc. (b) | 545 | 1,183 | |
IPG Photonics Corp. (b) | 71,680 | 12,578,406 | |
Iteris, Inc. (b) | 32,677 | 168,287 | |
Itron, Inc. (b) | 68,955 | 4,578,612 | |
Jabil, Inc. | 329,280 | 9,733,517 | |
KEMET Corp. (b) | 90,175 | 2,330,122 | |
KEY Tronic Corp. (b) | 6,483 | 51,864 | |
Keysight Technologies, Inc. (b) | 362,522 | 23,524,053 | |
Kimball Electronics, Inc. (b) | 32,297 | 639,481 | |
Knowles Corp. (b) | 178,238 | 3,231,455 | |
LightPath Technologies, Inc. Class A (b) | 376 | 805 | |
Littelfuse, Inc. | 48,352 | 10,809,573 | |
LRAD Corp. (b) | 56,581 | 172,006 | |
Luna Innovations, Inc. (b) | 1,444 | 5,372 | |
Maxwell Technologies, Inc. (a)(b) | 69,108 | 246,716 | |
Mesa Laboratories, Inc. | 6,988 | 1,402,841 | |
Methode Electronics, Inc. Class A | 72,142 | 2,860,430 | |
MicroVision, Inc. (a)(b) | 117,860 | 126,110 | |
MTS Systems Corp. | 33,405 | 1,807,211 | |
Napco Security Technolgies, Inc. (b) | 19,961 | 301,411 | |
National Instruments Corp. | 222,128 | 10,606,612 | |
Neonode, Inc. (a)(b) | 33,197 | 10,125 | |
NetList, Inc. (a)(b) | 104,599 | 12,207 | |
Novanta, Inc. (b) | 62,772 | 4,808,335 | |
OSI Systems, Inc. (b) | 33,928 | 2,642,652 | |
Par Technology Corp. (b) | 16,979 | 436,021 | |
Park Electrochemical Corp. | 39,479 | 844,061 | |
PC Connection, Inc. | 26,383 | 1,047,405 | |
PC Mall, Inc. (b) | 13,245 | 301,986 | |
Perceptron, Inc. (b) | 13,154 | 142,326 | |
Plexus Corp. (b) | 72,969 | 4,618,208 | |
RadiSys Corp. (b) | 34,231 | 54,427 | |
Research Frontiers, Inc. (a)(b) | 16,855 | 19,383 | |
RF Industries Ltd. | 10,801 | 127,452 | |
Richardson Electronics Ltd. | 23,707 | 214,074 | |
Rogers Corp. (b) | 37,812 | 5,220,703 | |
Sanmina Corp. (b) | 138,110 | 4,253,788 | |
ScanSource, Inc. (b) | 47,085 | 1,914,005 | |
SYNNEX Corp. | 54,859 | 5,319,677 | |
TE Connectivity Ltd. | 675,804 | 61,957,711 | |
Tech Data Corp. (b) | 69,796 | 5,077,659 | |
Trimble, Inc. (b) | 484,457 | 20,395,640 | |
TTM Technologies, Inc. (a)(b) | 178,081 | 3,330,115 | |
Vishay Intertechnology, Inc. | 264,352 | 6,291,578 | |
Vishay Precision Group, Inc. (b) | 24,989 | 1,082,024 | |
Wayside Technology Group, Inc. | 1,232 | 14,784 | |
Wireless Telecom Group, Inc. (b) | 11,200 | 21,280 | |
Zebra Technologies Corp. Class A (b) | 102,395 | 17,585,317 | |
532,820,698 | |||
Internet Software & Services - 4.7% | |||
2U, Inc. (a)(b) | 111,967 | 10,005,371 | |
Akamai Technologies, Inc. (b) | 326,630 | 24,542,978 | |
Alarm.com Holdings, Inc. (a)(b) | 54,404 | 3,062,401 | |
Alphabet, Inc.: | |||
Class A (b) | 572,930 | 705,735,174 | |
Class C (b) | 592,503 | 721,781,230 | |
Amber Road, Inc. (b) | 55,819 | 487,300 | |
ANGI Homeservices, Inc. Class A (a)(b) | 114,757 | 2,485,637 | |
AppFolio, Inc. (b) | 24,746 | 2,113,308 | |
Apptio, Inc. Class A (b) | 64,694 | 2,510,127 | |
Autoweb, Inc. (b) | 9,434 | 32,642 | |
Benefitfocus, Inc. (a)(b) | 50,661 | 2,234,150 | |
BlackLine, Inc. (b) | 72,946 | 3,848,631 | |
Box, Inc. Class A (b) | 239,503 | 5,882,194 | |
Brightcove, Inc. (b) | 59,246 | 485,817 | |
BroadVision, Inc. (b) | 490 | 882 | |
Carbonite, Inc. (b) | 65,049 | 2,702,786 | |
Care.com, Inc. (b) | 25,585 | 497,117 | |
CarGurus, Inc. Class A (a) | 26,157 | 1,290,063 | |
ChannelAdvisor Corp. (b) | 44,036 | 574,670 | |
Cision Ltd. (b) | 115,349 | 2,088,970 | |
Cloudera, Inc. (b) | 163,925 | 2,460,514 | |
Cornerstone OnDemand, Inc. (b) | 104,237 | 5,895,645 | |
Coupa Software, Inc. (b) | 54,059 | 3,876,571 | |
Determine, Inc. (b) | 552 | 450 | |
DHI Group, Inc. (b) | 141,360 | 303,924 | |
DocuSign, Inc. (a) | 43,593 | 2,721,947 | |
Dropbox, Inc. Class A (a)(b) | 90,419 | 2,427,750 | |
eBay, Inc. (b) | 1,793,865 | 62,085,668 | |
eGain Communications Corp. (b) | 36,778 | 525,925 | |
Endurance International Group Holdings, Inc. (b) | 144,299 | 1,392,485 | |
Envestnet, Inc. (b) | 94,260 | 5,957,232 | |
Etsy, Inc. (b) | 212,798 | 10,361,135 | |
Facebook, Inc. Class A (b) | 4,643,624 | 816,024,046 | |
Five9, Inc. (b) | 103,789 | 4,987,061 | |
Fusion Connect, Inc. (a)(b) | 36,836 | 136,293 | |
GlowPoint, Inc. (b) | 18,770 | 3,322 | |
GoDaddy, Inc. (b) | 320,456 | 26,104,346 | |
Gogo, Inc. (a)(b) | 109,584 | 492,032 | |
GrubHub, Inc. (a)(b) | 172,597 | 24,872,954 | |
GTT Communications, Inc. (a)(b) | 72,527 | 3,122,287 | |
Hortonworks, Inc. (b) | 136,805 | 3,053,488 | |
IAC/InterActiveCorp (b) | 149,632 | 29,507,430 | |
Instructure, Inc. (b) | 66,082 | 2,706,058 | |
Internap Network Services Corp. (b) | 24,920 | 334,426 | |
Inuvo, Inc. (b) | 9,640 | 6,170 | |
iPass, Inc. (a)(b) | 3,366 | 6,732 | |
j2 Global, Inc. | 91,978 | 7,594,623 | |
Leaf Group Ltd. (b) | 21,524 | 237,840 | |
Limelight Networks, Inc. (b) | 254,165 | 1,288,617 | |
Liquidity Services, Inc. (b) | 37,923 | 273,046 | |
LivePerson, Inc. (b) | 121,653 | 3,272,466 | |
LogMeIn, Inc. | 98,288 | 8,447,854 | |
Marchex, Inc. Class B | 28,685 | 82,613 | |
Marin Software, Inc. (a)(b) | 1,425 | 4,774 | |
Match Group, Inc. (a)(b) | 124,151 | 6,213,758 | |
MeetMe, Inc. (b) | 126,880 | 647,088 | |
MINDBODY, Inc. (a)(b) | 64,397 | 2,389,129 | |
MongoDB, Inc. Class A (a) | 49,623 | 3,570,871 | |
New Relic, Inc. (b) | 84,195 | 8,651,878 | |
Nutanix, Inc. Class A (b) | 135,969 | 7,657,774 | |
Okta, Inc. (b) | 141,250 | 8,733,488 | |
Pandora Media, Inc. (a)(b) | 482,271 | 4,456,184 | |
Q2 Holdings, Inc. (b) | 67,613 | 4,212,290 | |
QuinStreet, Inc. (b) | 78,551 | 1,191,619 | |
Qumu Corp. (b) | 6,017 | 14,621 | |
Quotient Technology, Inc. (b) | 150,934 | 2,256,463 | |
Remark Holdings, Inc. (a)(b) | 33,979 | 119,606 | |
SecureWorks Corp. (a)(b) | 18,872 | 251,186 | |
ShotSpotter, Inc. (a)(b) | 8,210 | 468,298 | |
Shutterstock, Inc. | 36,454 | 2,006,428 | |
SPS Commerce, Inc. (b) | 36,537 | 3,590,491 | |
Stamps.com, Inc. (b) | 32,276 | 8,018,972 | |
Support.com, Inc. (b) | 39,218 | 108,242 | |
Synacor, Inc. (b) | 20,037 | 38,571 | |
TechTarget, Inc. (b) | 34,602 | 830,102 | |
Telaria, Inc. (b) | 40,833 | 167,824 | |
The Trade Desk, Inc. (a)(b) | 44,565 | 6,322,882 | |
Travelzoo, Inc. (b) | 5,383 | 66,749 | |
TrueCar, Inc. (a)(b) | 174,422 | 2,243,067 | |
Twilio, Inc. Class A (b) | 148,233 | 11,956,474 | |
Twitter, Inc. (b) | 1,262,666 | 44,420,590 | |
VeriSign, Inc. (b) | 187,785 | 29,784,579 | |
Veritone, Inc. (b) | 20,237 | 211,274 | |
Web.com Group, Inc. (b) | 88,964 | 2,486,544 | |
XO Group, Inc. (b) | 59,336 | 1,783,640 | |
Yelp, Inc. (b) | 147,397 | 6,945,347 | |
Yext, Inc. (a)(b) | 125,704 | 3,125,001 | |
Zillow Group, Inc.: | |||
Class A (b) | 91,547 | 4,403,411 | |
Class C (a)(b) | 229,161 | 11,148,683 | |
2,713,422,296 | |||
IT Services - 4.4% | |||
Accenture PLC Class A | 1,243,715 | 210,274,895 | |
Acxiom Corp. (b) | 148,845 | 6,800,728 | |
Alliance Data Systems Corp. | 93,145 | 22,222,534 | |
Automatic Data Processing, Inc. | 851,797 | 125,001,210 | |
Booz Allen Hamilton Holding Corp. Class A | 279,997 | 14,324,647 | |
Broadridge Financial Solutions, Inc. | 225,825 | 30,517,991 | |
CACI International, Inc. Class A (b) | 49,436 | 9,640,020 | |
Cass Information Systems, Inc. | 18,117 | 1,295,909 | |
Cognizant Technology Solutions Corp. Class A | 1,135,612 | 89,066,049 | |
Computer Task Group, Inc. (b) | 11,646 | 68,013 | |
Conduent, Inc. (b) | 388,026 | 8,994,443 | |
Convergys Corp. | 187,983 | 4,648,820 | |
CoreLogic, Inc. (b) | 158,956 | 8,081,323 | |
CSG Systems International, Inc. | 69,253 | 2,586,600 | |
CSP, Inc. | 3,696 | 48,898 | |
DXC Technology Co. | 548,783 | 49,988,643 | |
Edgewater Technology, Inc. (b) | 2,875 | 13,656 | |
EPAM Systems, Inc. (b) | 99,263 | 14,187,661 | |
Euronet Worldwide, Inc. (b) | 99,267 | 9,708,313 | |
Everi Holdings, Inc. (b) | 133,235 | 1,155,147 | |
EVERTEC, Inc. | 119,642 | 2,877,390 | |
ExlService Holdings, Inc. (b) | 67,145 | 4,302,652 | |
Fidelity National Information Services, Inc. | 643,459 | 69,602,960 | |
First Data Corp. Class A (b) | 1,073,625 | 27,613,635 | |
Fiserv, Inc. (b) | 793,220 | 63,513,125 | |
FleetCor Technologies, Inc. (b) | 171,972 | 36,757,295 | |
Gartner, Inc. (a)(b) | 176,404 | 26,418,263 | |
Genpact Ltd. | 302,672 | 9,273,870 | |
Global Payments, Inc. | 307,486 | 38,306,606 | |
Hackett Group, Inc. | 51,835 | 1,061,062 | |
IBM Corp. | 1,653,732 | 242,238,663 | |
Information Services Group, Inc. (b) | 18,000 | 89,100 | |
Innodata, Inc. (b) | 14,010 | 20,315 | |
Jack Henry & Associates, Inc. | 152,467 | 24,156,871 | |
Leidos Holdings, Inc. | 274,684 | 19,439,387 | |
ManTech International Corp. Class A | 56,813 | 3,767,838 | |
MasterCard, Inc. Class A | 1,774,601 | 382,532,992 | |
Maximus, Inc. | 130,433 | 8,673,795 | |
ModusLink Global Solutions, Inc. (b) | 31,030 | 67,956 | |
MoneyGram International, Inc. (b) | 66,937 | 435,760 | |
NIC, Inc. | 134,488 | 2,259,398 | |
Paychex, Inc. | 615,344 | 45,073,948 | |
PayPal Holdings, Inc. (b) | 2,157,400 | 199,192,742 | |
Perficient, Inc. (b) | 66,954 | 1,923,588 | |
Perspecta, Inc. | 269,702 | 6,273,269 | |
PFSweb, Inc. (b) | 26,075 | 224,506 | |
Presidio, Inc. (a) | 95,619 | 1,445,759 | |
PRG-Schultz International, Inc. (b) | 36,569 | 349,234 | |
Sabre Corp. | 484,272 | 12,644,342 | |
Science Applications International Corp. | 82,023 | 7,400,115 | |
ServiceSource International, Inc. (b) | 116,353 | 371,166 | |
Square, Inc. (b) | 558,892 | 49,540,187 | |
StarTek, Inc. (a)(b) | 15,709 | 95,197 | |
Sykes Enterprises, Inc. (b) | 77,094 | 2,331,323 | |
Syntel, Inc. (b) | 71,654 | 2,919,184 | |
Teradata Corp. (b) | 229,463 | 9,515,831 | |
The Western Union Co. | 887,614 | 16,793,657 | |
Total System Services, Inc. | 319,353 | 31,021,950 | |
Travelport Worldwide Ltd. | 241,707 | 4,488,499 | |
Ttec Holdings, Inc. | 33,151 | 868,556 | |
Unisys Corp. (a)(b) | 94,015 | 1,748,679 | |
Virtusa Corp. (b) | 54,223 | 3,159,032 | |
Visa, Inc. Class A | 3,452,122 | 507,082,201 | |
WEX, Inc. (b) | 76,928 | 14,633,244 | |
WidePoint Corp. (b) | 71,654 | 36,902 | |
Worldpay, Inc. (b) | 573,890 | 55,891,147 | |
2,547,058,691 | |||
Semiconductors & Semiconductor Equipment - 3.7% | |||
Acacia Communications, Inc. (a)(b) | 39,295 | 1,602,057 | |
Adesto Technologies Corp. (a)(b) | 45,484 | 275,178 | |
Advanced Energy Industries, Inc. (b) | 78,974 | 4,705,271 | |
Advanced Micro Devices, Inc. (a)(b) | 1,592,826 | 40,091,430 | |
AEHR Test Systems (b) | 18,931 | 47,895 | |
Alpha & Omega Semiconductor Ltd. (b) | 39,883 | 566,737 | |
Amkor Technology, Inc. (b) | 266,466 | 2,326,248 | |
Amtech Systems, Inc. (b) | 13,719 | 75,317 | |
Analog Devices, Inc. | 713,961 | 70,575,045 | |
Applied Materials, Inc. | 1,942,854 | 83,581,579 | |
Aquantia Corp. (b) | 25,937 | 327,844 | |
Axcelis Technologies, Inc. (b) | 55,214 | 1,115,323 | |
AXT, Inc. (a)(b) | 68,422 | 540,534 | |
Broadcom, Inc. | 777,449 | 170,284,654 | |
Brooks Automation, Inc. | 142,458 | 5,614,270 | |
Cabot Microelectronics Corp. | 49,260 | 5,553,080 | |
Ceva, Inc. (b) | 44,635 | 1,365,831 | |
Cirrus Logic, Inc. (b) | 115,056 | 5,056,711 | |
Cohu, Inc. | 72,404 | 1,910,018 | |
Cree, Inc. (a)(b) | 190,377 | 9,159,037 | |
CVD Equipment Corp. (a)(b) | 24,298 | 156,722 | |
CyberOptics Corp. (b) | 9,251 | 206,297 | |
Cypress Semiconductor Corp. | 702,153 | 12,084,053 | |
Diodes, Inc. (b) | 80,058 | 3,035,799 | |
DSP Group, Inc. (b) | 64,723 | 831,691 | |
Entegris, Inc. | 292,500 | 9,915,750 | |
First Solar, Inc. (b) | 156,704 | 8,161,144 | |
FormFactor, Inc. (b) | 153,604 | 2,373,182 | |
GSI Technology, Inc. (b) | 18,344 | 128,591 | |
Ichor Holdings Ltd. (a)(b) | 54,823 | 1,421,560 | |
Impinj, Inc. (a)(b) | 40,581 | 871,680 | |
Inphi Corp. (a)(b) | 81,649 | 3,026,728 | |
Integrated Device Technology, Inc. (b) | 253,049 | 10,752,052 | |
Intel Corp. | 9,020,847 | 436,879,620 | |
Intermolecular, Inc. (b) | 6,975 | 9,416 | |
Intest Corp. (b) | 2,175 | 19,031 | |
KLA-Tencor Corp. | 301,014 | 34,980,837 | |
Kopin Corp. (a)(b) | 88,411 | 205,114 | |
Kulicke & Soffa Industries, Inc. | 141,853 | 3,658,389 | |
Lam Research Corp. (a) | 315,956 | 54,688,824 | |
Lattice Semiconductor Corp. (b) | 269,339 | 2,205,886 | |
MACOM Technology Solutions Holdings, Inc. (a)(b) | 79,684 | 1,836,716 | |
Marvell Technology Group Ltd. | 1,120,454 | 23,170,989 | |
Maxim Integrated Products, Inc. | 536,291 | 32,429,517 | |
MaxLinear, Inc. Class A (b) | 115,923 | 2,234,995 | |
Microchip Technology, Inc. (a) | 452,919 | 38,964,622 | |
Micron Technology, Inc. (b) | 2,240,035 | 117,646,638 | |
MKS Instruments, Inc. | 107,238 | 9,962,410 | |
Monolithic Power Systems, Inc. | 76,797 | 11,509,566 | |
MoSys, Inc. (a)(b) | 6,042 | 5,075 | |
Nanometrics, Inc. (b) | 47,602 | 2,085,444 | |
NeoPhotonics Corp. (a)(b) | 75,400 | 662,766 | |
NVE Corp. | 8,841 | 1,005,045 | |
NVIDIA Corp. | 1,174,599 | 329,686,447 | |
ON Semiconductor Corp. (b) | 814,755 | 17,386,872 | |
PDF Solutions, Inc. (a)(b) | 47,788 | 416,711 | |
Photronics, Inc. (b) | 134,263 | 1,436,614 | |
Pixelworks, Inc. (b) | 39,177 | 215,865 | |
Power Integrations, Inc. | 60,434 | 4,432,834 | |
Qorvo, Inc. (b) | 246,045 | 19,705,744 | |
Qualcomm, Inc. | 2,868,007 | 197,060,761 | |
QuickLogic Corp. (b) | 142,208 | 155,007 | |
Rambus, Inc. (b) | 201,505 | 2,462,391 | |
Rubicon Technology, Inc. (a)(b) | 2,504 | 22,887 | |
Rudolph Technologies, Inc. (b) | 69,669 | 1,936,798 | |
Semtech Corp. (b) | 131,349 | 7,848,103 | |
Silicon Laboratories, Inc. (b) | 83,053 | 8,139,194 | |
Skyworks Solutions, Inc. | 352,497 | 32,182,976 | |
SMART Global Holdings, Inc. (a)(b) | 13,359 | 440,713 | |
SolarEdge Technologies, Inc. (a)(b) | 72,575 | 3,479,971 | |
SunPower Corp. (a)(b) | 126,150 | 847,728 | |
Synaptics, Inc. (a)(b) | 66,113 | 3,190,613 | |
Teradyne, Inc. | 368,760 | 15,189,224 | |
Texas Instruments, Inc. | 1,891,141 | 212,564,248 | |
Ultra Clean Holdings, Inc. (b) | 73,387 | 1,119,886 | |
Universal Display Corp. | 81,004 | 9,914,890 | |
Veeco Instruments, Inc. (b) | 86,705 | 1,040,460 | |
Versum Materials, Inc. | 215,014 | 8,555,407 | |
Xcerra Corp. (b) | 98,441 | 1,425,426 | |
Xilinx, Inc. | 492,485 | 38,330,108 | |
Xperi Corp. | 106,934 | 1,678,864 | |
2,152,766,950 | |||
Software - 6.2% | |||
8x8, Inc. (b) | 182,283 | 4,137,824 | |
A10 Networks, Inc. (b) | 73,118 | 509,632 | |
ACI Worldwide, Inc. (b) | 221,607 | 6,295,855 | |
Activision Blizzard, Inc. | 1,476,345 | 106,444,475 | |
Adobe Systems, Inc. (b) | 951,220 | 250,655,982 | |
Agilysys, Inc. (b) | 38,149 | 613,054 | |
Altair Engineering, Inc. Class A (b) | 55,360 | 2,312,387 | |
American Software, Inc. Class A | 55,166 | 991,885 | |
ANSYS, Inc. (b) | 160,570 | 29,862,809 | |
Appian Corp. Class A (a)(b) | 28,310 | 988,868 | |
Aspen Technology, Inc. (b) | 138,035 | 15,923,718 | |
Asure Software, Inc. (a)(b) | 21,771 | 327,218 | |
Autodesk, Inc. (b) | 424,479 | 65,518,334 | |
Avaya Holdings Corp. (a)(b) | 205,720 | 4,805,619 | |
Black Knight, Inc. (b) | 277,685 | 14,828,379 | |
Blackbaud, Inc. | 92,635 | 9,686,842 | |
Bottomline Technologies, Inc. (b) | 77,450 | 5,109,377 | |
BSQUARE Corp. (b) | 11,182 | 25,719 | |
CA Technologies, Inc. | 596,078 | 26,108,216 | |
Cadence Design Systems, Inc. (b) | 550,839 | 25,911,467 | |
Cardlytics, Inc. (b) | 6,642 | 135,430 | |
CDK Global, Inc. | 240,055 | 14,960,228 | |
Ceridian HCM Holding, Inc. (a) | 51,932 | 1,999,382 | |
Citrix Systems, Inc. (b) | 244,801 | 27,912,210 | |
CommVault Systems, Inc. (b) | 82,577 | 5,751,488 | |
Datawatch Corp. (b) | 9,730 | 124,058 | |
Digimarc Corp. (a)(b) | 18,523 | 547,355 | |
Digital Turbine, Inc. (a)(b) | 70,030 | 98,042 | |
Ebix, Inc. | 42,676 | 3,399,143 | |
Electronic Arts, Inc. (b) | 590,942 | 67,018,732 | |
Ellie Mae, Inc. (a)(b) | 64,487 | 6,794,995 | |
Everbridge, Inc. (a)(b) | 38,591 | 2,323,564 | |
Evolving Systems, Inc. (b) | 4,973 | 11,314 | |
Fair Isaac Corp. (b) | 56,483 | 13,046,443 | |
FireEye, Inc. (a)(b) | 363,888 | 6,040,541 | |
Forescout Technologies, Inc. (b) | 43,159 | 1,556,745 | |
Fortinet, Inc. (b) | 278,231 | 23,304,629 | |
Glu Mobile, Inc. (b) | 218,018 | 1,678,739 | |
GSE Systems, Inc. (b) | 388 | 1,300 | |
Guidewire Software, Inc. (b) | 152,826 | 15,369,711 | |
HubSpot, Inc. (b) | 68,398 | 9,828,793 | |
Imperva, Inc. (b) | 59,629 | 2,811,507 | |
Inseego Corp. (a)(b) | 63,245 | 197,957 | |
Intuit, Inc. | 471,413 | 103,461,011 | |
Manhattan Associates, Inc. (a)(b) | 127,067 | 7,368,615 | |
Microsoft Corp. | 14,869,167 | 1,670,253,529 | |
MicroStrategy, Inc. Class A (b) | 21,282 | 3,171,018 | |
Mitek Systems, Inc. (b) | 57,485 | 416,766 | |
MobileIron, Inc. (b) | 99,040 | 485,296 | |
Model N, Inc. (b) | 64,636 | 1,098,812 | |
Monotype Imaging Holdings, Inc. | 83,936 | 1,729,082 | |
NetSol Technologies, Inc. (b) | 10,165 | 59,974 | |
Nuance Communications, Inc. (b) | 537,866 | 8,777,973 | |
NXT-ID, Inc. (a)(b) | 33,283 | 56,914 | |
Onespan, Inc. (b) | 63,694 | 1,194,263 | |
Oracle Corp. | 5,764,947 | 280,061,125 | |
Parametric Technology Corp. (b) | 224,773 | 22,463,814 | |
Park City Group, Inc. (a)(b) | 18,083 | 152,801 | |
Paycom Software, Inc. (a)(b) | 94,455 | 14,651,860 | |
Paylocity Holding Corp. (b) | 55,889 | 4,439,822 | |
Pegasystems, Inc. | 69,658 | 4,437,215 | |
Pivotal Software, Inc. (a) | 79,408 | 2,203,572 | |
Pluralsight, Inc. (a) | 49,679 | 1,697,531 | |
Progress Software Corp. | 91,795 | 3,757,169 | |
Proofpoint, Inc. (b) | 99,373 | 11,790,606 | |
PROS Holdings, Inc. (a)(b) | 75,391 | 2,780,420 | |
QAD, Inc.: | |||
Class A | 14,722 | 892,889 | |
Class B | 4,298 | 203,940 | |
Qualys, Inc. (b) | 66,160 | 6,023,868 | |
Rapid7, Inc. (b) | 86,538 | 3,301,425 | |
RealNetworks, Inc. (b) | 28,670 | 91,744 | |
RealPage, Inc. (b) | 136,146 | 8,495,510 | |
Red Hat, Inc. (b) | 340,018 | 50,230,859 | |
Red Violet, Inc. (b) | 9,876 | 76,539 | |
RingCentral, Inc. (b) | 129,020 | 12,018,213 | |
Rosetta Stone, Inc. (b) | 22,826 | 360,651 | |
SailPoint Technologies Holding, Inc. (b) | 124,457 | 3,849,455 | |
Salesforce.com, Inc. (b) | 1,363,125 | 208,121,925 | |
SeaChange International, Inc. (b) | 36,866 | 60,829 | |
SendGrid, Inc. (b) | 25,907 | 939,647 | |
ServiceNow, Inc. (b) | 341,271 | 67,011,974 | |
SITO Mobile Ltd. (a)(b) | 17,979 | 35,778 | |
Smartsheet, Inc. | 37,005 | 1,100,159 | |
Smith Micro Software, Inc. (a)(b) | 10,363 | 25,700 | |
Snap, Inc. Class A (a)(b) | 491,455 | 5,356,860 | |
Sonic Foundry, Inc. (b) | 155 | 268 | |
Splunk, Inc. (b) | 281,082 | 36,020,658 | |
SS&C Technologies Holdings, Inc. | 400,275 | 23,752,319 | |
Symantec Corp. | 1,194,934 | 24,089,869 | |
Synopsys, Inc. (b) | 291,260 | 29,749,296 | |
Tableau Software, Inc. (b) | 133,932 | 14,981,634 | |
Take-Two Interactive Software, Inc. (b) | 219,196 | 29,275,818 | |
TeleNav, Inc. (b) | 46,856 | 262,394 | |
The Rubicon Project, Inc. (b) | 59,339 | 236,169 | |
TiVo Corp. | 242,388 | 3,308,596 | |
Tyler Technologies, Inc. (b) | 68,284 | 16,862,734 | |
Ultimate Software Group, Inc. (a)(b) | 57,044 | 17,664,815 | |
Upland Software, Inc. (b) | 28,805 | 1,072,122 | |
Varonis Systems, Inc. (b) | 39,520 | 2,920,528 | |
Verint Systems, Inc. (b) | 134,744 | 6,541,821 | |
VirnetX Holding Corp. (a)(b) | 93,723 | 313,972 | |
VMware, Inc. Class A (a)(b) | 135,112 | 20,707,265 | |
Workday, Inc. Class A (b) | 281,065 | 43,435,785 | |
Workiva, Inc. (b) | 48,113 | 1,772,964 | |
Zedge, Inc. (b) | 14,921 | 43,719 | |
Zendesk, Inc. (b) | 202,958 | 13,981,777 | |
Zix Corp. (b) | 85,392 | 473,926 | |
Zscaler, Inc. (a)(b) | 33,913 | 1,451,137 | |
Zuora, Inc. (a) | 19,414 | 535,438 | |
Zynga, Inc. (b) | 1,488,044 | 6,190,263 | |
3,586,322,406 | |||
Technology Hardware, Storage & Peripherals - 4.2% | |||
3D Systems Corp. (a)(b) | 215,475 | 4,384,916 | |
Apple, Inc. | 9,514,401 | 2,165,763,044 | |
Astro-Med, Inc. | 5,753 | 127,429 | |
Avid Technology, Inc. (a)(b) | 45,276 | 268,034 | |
CPI Card Group (a)(b) | 4,456 | 14,081 | |
Cray, Inc. (b) | 76,017 | 1,649,569 | |
Diebold Nixdorf, Inc. (a) | 147,998 | 702,991 | |
Eastman Kodak Co. (a)(b) | 71,591 | 232,671 | |
Electronics for Imaging, Inc. (a)(b) | 100,401 | 3,492,951 | |
Everspin Technologies, Inc. (a)(b) | 9,978 | 92,297 | |
Hewlett Packard Enterprise Co. | 2,949,075 | 48,748,210 | |
HP, Inc. | 3,176,408 | 78,298,457 | |
Immersion Corp. (b) | 59,681 | 693,493 | |
Intevac, Inc. (b) | 29,097 | 168,035 | |
NCR Corp. (b) | 227,035 | 6,450,064 | |
NetApp, Inc. | 516,657 | 44,850,994 | |
Pure Storage, Inc. Class A (b) | 227,458 | 6,104,973 | |
Quantum Corp. (b) | 41,835 | 84,507 | |
Seagate Technology LLC | 554,178 | 29,670,690 | |
Transact Technologies, Inc. | 3,411 | 48,095 | |
U.S.A. Technologies, Inc. (b) | 97,355 | 1,582,019 | |
Western Digital Corp. | 577,716 | 36,534,760 | |
Xerox Corp. | 410,942 | 11,448,844 | |
2,441,411,124 | |||
TOTAL INFORMATION TECHNOLOGY | 14,663,513,560 | ||
MATERIALS - 2.9% | |||
Chemicals - 1.9% | |||
A. Schulman, Inc. rights (b)(c) | 54,023 | 103,184 | |
Advanced Emissions Solutions, Inc. (a) | 57,241 | 653,692 | |
AdvanSix, Inc. (b) | 59,098 | 1,999,876 | |
AgroFresh Solutions, Inc. (a)(b) | 44,445 | 295,559 | |
Air Products & Chemicals, Inc. | 426,009 | 70,841,037 | |
Albemarle Corp. U.S. (a) | 212,999 | 20,345,664 | |
American Vanguard Corp. | 48,089 | 1,053,149 | |
Ashland Global Holdings, Inc. | 120,114 | 10,113,599 | |
Axalta Coating Systems Ltd. (b) | 423,345 | 12,912,023 | |
Balchem Corp. | 62,509 | 6,931,623 | |
Cabot Corp. | 119,034 | 7,727,687 | |
Celanese Corp. Class A | 260,448 | 30,428,140 | |
CF Industries Holdings, Inc. | 453,042 | 23,535,532 | |
Chase Corp. | 19,479 | 2,414,422 | |
Core Molding Technologies, Inc. | 10,858 | 99,568 | |
DowDuPont, Inc. | 4,491,856 | 315,013,861 | |
Eastman Chemical Co. | 274,212 | 26,606,790 | |
Ecolab, Inc. | 503,540 | 75,772,699 | |
Ferro Corp. (b) | 172,952 | 3,796,296 | |
Flotek Industries, Inc. (a)(b) | 98,612 | 245,544 | |
FMC Corp. | 261,067 | 22,308,175 | |
FutureFuel Corp. | 41,787 | 619,701 | |
H.B. Fuller Co. | 95,568 | 5,446,420 | |
Hawkins, Inc. | 15,709 | 648,782 | |
Huntsman Corp. | 410,120 | 12,504,559 | |
Ingevity Corp. (b) | 80,091 | 8,089,992 | |
Innophos Holdings, Inc. | 39,088 | 1,708,536 | |
Innospec, Inc. | 48,903 | 3,794,873 | |
International Flavors & Fragrances, Inc. | 152,297 | 19,842,776 | |
Intrepid Potash, Inc. (b) | 199,844 | 679,470 | |
KMG Chemicals, Inc. | 25,301 | 1,960,321 | |
Koppers Holdings, Inc. (b) | 39,973 | 1,417,043 | |
Kraton Performance Polymers, Inc. (b) | 65,484 | 3,079,713 | |
Kronos Worldwide, Inc. | 51,691 | 1,040,540 | |
LSB Industries, Inc. (a)(b) | 28,693 | 250,203 | |
LyondellBasell Industries NV Class A | 621,426 | 70,084,424 | |
Marrone Bio Innovations, Inc. (a)(b) | 33,145 | 69,107 | |
Minerals Technologies, Inc. | 69,103 | 4,640,266 | |
NewMarket Corp. | 18,766 | 7,525,917 | |
Olin Corp. | 322,690 | 9,916,264 | |
OMNOVA Solutions, Inc. (b) | 81,034 | 733,358 | |
Platform Specialty Products Corp. (b) | 401,657 | 5,325,972 | |
PolyOne Corp. | 158,115 | 6,681,940 | |
PPG Industries, Inc. (a) | 480,344 | 53,097,226 | |
PQ Group Holdings, Inc. | 84,801 | 1,509,458 | |
Praxair, Inc. | 557,621 | 88,210,066 | |
Quaker Chemical Corp. | 25,955 | 4,675,534 | |
Rayonier Advanced Materials, Inc. | 104,966 | 2,193,789 | |
RPM International, Inc. | 260,660 | 17,594,550 | |
Senomyx, Inc. (b) | 66,138 | 76,059 | |
Sensient Technologies Corp. | 86,306 | 6,129,452 | |
Sherwin-Williams Co. | 158,842 | 72,365,238 | |
Stepan Co. | 39,421 | 3,516,747 | |
The Chemours Co. LLC | 342,775 | 14,944,990 | |
The Mosaic Co. | 670,129 | 20,954,934 | |
The Scotts Miracle-Gro Co. Class A | 73,152 | 5,465,917 | |
Trecora Resources (b) | 30,461 | 426,454 | |
Tredegar Corp. | 71,882 | 1,577,810 | |
Trinseo SA | 91,255 | 7,040,323 | |
Tronox Ltd. Class A | 190,878 | 3,090,315 | |
Valhi, Inc. | 49,033 | 161,809 | |
Valvoline, Inc. | 376,388 | 8,099,870 | |
Venator Materials PLC | 108,555 | 1,311,344 | |
W.R. Grace & Co. | 125,990 | 8,902,453 | |
Westlake Chemical Corp. | 68,037 | 6,434,259 | |
1,127,036,894 | |||
Construction Materials - 0.1% | |||
Eagle Materials, Inc. | 90,055 | 8,314,778 | |
Forterra, Inc. (a)(b) | 32,917 | 278,478 | |
Foundation Building Materials, Inc. (b) | 21,184 | 292,551 | |
Martin Marietta Materials, Inc. | 122,228 | 24,289,148 | |
nVent Electric PLC | 322,756 | 9,066,216 | |
Summit Materials, Inc. | 222,652 | 4,735,808 | |
U.S. Concrete, Inc. (a)(b) | 33,299 | 1,605,012 | |
United States Lime & Minerals, Inc. | 4,018 | 304,926 | |
Vulcan Materials Co. | 255,252 | 28,281,922 | |
77,168,839 | |||
Containers & Packaging - 0.4% | |||
Aptargroup, Inc. | 123,061 | 12,885,717 | |
Avery Dennison Corp. | 168,996 | 17,774,999 | |
Ball Corp. | 674,885 | 28,264,184 | |
Bemis Co., Inc. | 175,245 | 8,636,074 | |
Berry Global Group, Inc. (b) | 250,616 | 11,961,902 | |
Crown Holdings, Inc. (a)(b) | 255,363 | 10,932,090 | |
Graphic Packaging Holding Co. | 589,083 | 8,376,760 | |
Greif, Inc. Class A | 57,489 | 3,172,243 | |
International Paper Co. | 798,758 | 40,848,484 | |
Myers Industries, Inc. | 56,968 | 1,267,538 | |
Owens-Illinois, Inc. (b) | 328,894 | 5,811,557 | |
Packaging Corp. of America | 184,462 | 20,276,063 | |
Sealed Air Corp. | 304,706 | 12,221,758 | |
Silgan Holdings, Inc. | 162,095 | 4,417,089 | |
Sonoco Products Co. | 192,348 | 10,779,182 | |
UFP Technologies, Inc. (b) | 14,187 | 500,092 | |
WestRock Co. | 494,382 | 27,230,561 | |
225,356,293 | |||
Metals & Mining - 0.4% | |||
AK Steel Holding Corp. (a)(b) | 633,642 | 2,813,370 | |
Alcoa Corp. (b) | 330,923 | 14,782,330 | |
Allegheny Technologies, Inc. (a)(b) | 249,053 | 6,731,903 | |
Ampco-Pittsburgh Corp. (b) | 10,414 | 78,626 | |
Atkore International Group, Inc. (b) | 83,406 | 2,283,656 | |
Carpenter Technology Corp. | 89,534 | 5,342,494 | |
Century Aluminum Co. (a)(b) | 91,405 | 1,153,531 | |
Cleveland-Cliffs, Inc. (b) | 584,517 | 5,874,396 | |
Coeur d'Alene Mines Corp. (b) | 353,050 | 2,005,324 | |
Commercial Metals Co. | 230,409 | 4,976,834 | |
Compass Minerals International, Inc. | 67,713 | 4,235,448 | |
Comstock Mining, Inc. (a)(b) | 11,344 | 1,985 | |
Freeport-McMoRan, Inc. | 2,600,390 | 36,535,480 | |
Friedman Industries | 2,001 | 20,670 | |
General Moly, Inc. (b) | 60,513 | 23,600 | |
Gold Resource Corp. | 109,163 | 563,281 | |
Golden Minerals Co. (a)(b) | 71,014 | 19,444 | |
Haynes International, Inc. | 23,949 | 943,591 | |
Hecla Mining Co. | 977,921 | 2,777,296 | |
Kaiser Aluminum Corp. | 33,314 | 3,650,881 | |
Materion Corp. | 39,771 | 2,537,390 | |
McEwen Mining, Inc. (a) | 511,683 | 1,008,016 | |
Newmont Mining Corp. | 1,038,266 | 32,217,394 | |
Nucor Corp. | 614,951 | 38,434,438 | |
Olympic Steel, Inc. | 12,703 | 279,974 | |
Paramount Gold Nevada Corp. (a)(b) | 7,958 | 8,197 | |
Pershing Gold Corp. (b) | 31,696 | 41,522 | |
Reliance Steel & Aluminum Co. | 138,609 | 12,182,345 | |
Royal Gold, Inc. | 127,141 | 9,695,773 | |
Ryerson Holding Corp. (b) | 30,039 | 312,406 | |
Schnitzer Steel Industries, Inc. Class A | 62,341 | 1,642,685 | |
Solitario Exploration & Royalty Corp. (b) | 18,115 | 6,851 | |
Steel Dynamics, Inc. | 449,332 | 20,547,952 | |
SunCoke Energy, Inc. (b) | 119,717 | 1,336,042 | |
Synalloy Corp. (a) | 9,739 | 223,510 | |
TimkenSteel Corp. (a)(b) | 69,807 | 977,996 | |
U.S. Antimony Corp. (b) | 24,962 | 14,977 | |
U.S. Gold Corp. | 46 | 52 | |
United States Steel Corp. | 343,724 | 10,201,728 | |
Universal Stainless & Alloy Products, Inc. (b) | 13,897 | 420,801 | |
Warrior Metropolitan Coal, Inc. (a) | 86,484 | 2,079,940 | |
Worthington Industries, Inc. | 90,980 | 4,237,848 | |
233,221,977 | |||
Paper & Forest Products - 0.1% | |||
Boise Cascade Co. | 74,391 | 3,250,887 | |
Clearwater Paper Corp. (b) | 35,821 | 1,040,600 | |
Domtar Corp. | 128,751 | 6,553,426 | |
Kapstone Paper & Packaging Corp. | 170,425 | 5,854,099 | |
Louisiana-Pacific Corp. | 275,889 | 8,044,923 | |
Mercer International, Inc. (SBI) | 87,436 | 1,547,617 | |
Neenah, Inc. | 34,858 | 3,180,793 | |
P.H. Glatfelter Co. | 78,096 | 1,501,786 | |
Resolute Forest Products (b) | 168,368 | 2,315,060 | |
Schweitzer-Mauduit International, Inc. | 57,402 | 2,335,687 | |
Verso Corp. (b) | 69,099 | 2,169,018 | |
37,793,896 | |||
TOTAL MATERIALS | 1,700,577,899 | ||
REAL ESTATE - 3.6% | |||
Equity Real Estate Investment Trusts (REITs) - 3.5% | |||
Acadia Realty Trust (SBI) | 161,267 | 4,599,335 | |
Agree Realty Corp. | 70,090 | 4,000,036 | |
Alexander & Baldwin, Inc. | 155,313 | 3,645,196 | |
Alexanders, Inc. | 7,463 | 2,693,621 | |
Alexandria Real Estate Equities, Inc. | 194,551 | 24,970,621 | |
American Assets Trust, Inc. | 89,595 | 3,539,003 | |
American Campus Communities, Inc. | 265,755 | 11,143,107 | |
American Homes 4 Rent Class A | 475,496 | 11,031,507 | |
American Tower Corp. | 852,991 | 127,198,018 | |
Americold Realty Trust | 115,807 | 2,883,594 | |
Apartment Investment & Management Co. Class A | 313,759 | 13,742,644 | |
Apple Hospitality (REIT), Inc. | 411,429 | 7,261,722 | |
Armada Hoffler Properties, Inc. | 88,352 | 1,377,408 | |
Ashford Hospitality Trust, Inc. | 184,946 | 1,200,300 | |
AvalonBay Communities, Inc. | 264,965 | 48,565,435 | |
Bluerock Residential Growth (REIT), Inc. | 90,320 | 893,265 | |
Boston Properties, Inc. | 296,394 | 38,664,597 | |
Braemar Hotels & Resorts, Inc. | 47,533 | 549,006 | |
Brandywine Realty Trust (SBI) | 339,166 | 5,684,422 | |
Brixmor Property Group, Inc. | 590,586 | 10,760,477 | |
BRT Realty Trust | 189,164 | 2,434,541 | |
Camden Property Trust (SBI) | 177,479 | 16,871,154 | |
CareTrust (REIT), Inc. | 143,665 | 2,650,619 | |
CatchMark Timber Trust, Inc. | 100,692 | 1,262,678 | |
CBL & Associates Properties, Inc. (a) | 338,899 | 1,511,490 | |
Cedar Realty Trust, Inc. | 134,023 | 599,083 | |
Chatham Lodging Trust | 76,647 | 1,644,078 | |
Chesapeake Lodging Trust | 114,633 | 3,772,572 | |
CIM Commercial Trust Corp. | 6,057 | 94,489 | |
City Office REIT, Inc. | 67,579 | 872,445 | |
Clipper Realty, Inc. | 6,962 | 84,936 | |
Colony NorthStar, Inc. (a) | 981,801 | 6,018,440 | |
Columbia Property Trust, Inc. | 224,485 | 5,405,599 | |
Community Healthcare Trust, Inc. | 41,798 | 1,296,992 | |
Condor Hospitality Trust, Inc. | 108 | 1,129 | |
CorEnergy Infrastructure Trust, Inc. (a) | 18,244 | 682,873 | |
CorePoint Lodging, Inc. (b) | 70,925 | 1,478,786 | |
CoreSite Realty Corp. | 69,249 | 8,065,431 | |
Corporate Office Properties Trust (SBI) | 217,809 | 6,704,161 | |
Corrections Corp. of America | 221,394 | 5,731,891 | |
Cousins Properties, Inc. | 792,672 | 7,411,483 | |
Crown Castle International Corp. | 801,649 | 91,412,035 | |
CubeSmart | 366,464 | 11,195,475 | |
CyrusOne, Inc. | 193,698 | 12,970,018 | |
DDR Corp. | 292,764 | 4,095,768 | |
DiamondRock Hospitality Co. | 396,647 | 4,743,898 | |
Digital Realty Trust, Inc. | 400,800 | 49,811,424 | |
Douglas Emmett, Inc. | 314,526 | 12,285,386 | |
Duke Realty Corp. | 686,860 | 19,568,641 | |
Easterly Government Properties, Inc. | 107,765 | 2,182,241 | |
EastGroup Properties, Inc. | 63,814 | 6,207,188 | |
Education Realty Trust, Inc. | 147,468 | 6,102,226 | |
Empire State Realty Trust, Inc. | 295,222 | 5,192,955 | |
EPR Properties | 130,186 | 9,136,453 | |
Equinix, Inc. | 153,355 | 66,882,716 | |
Equity Commonwealth (b) | 237,117 | 7,601,971 | |
Equity Lifestyle Properties, Inc. | 174,997 | 16,953,709 | |
Equity Residential (SBI) | 709,071 | 48,039,560 | |
Essex Property Trust, Inc. | 126,754 | 31,216,975 | |
Extra Space Storage, Inc. | 240,925 | 22,215,694 | |
Farmland Partners, Inc. (a) | 105,443 | 744,428 | |
Federal Realty Investment Trust (SBI) | 138,774 | 18,125,272 | |
First Industrial Realty Trust, Inc. | 254,605 | 8,264,478 | |
Forest City Realty Trust, Inc. Class A | 522,472 | 13,140,171 | |
Four Corners Property Trust, Inc. | 120,965 | 3,258,797 | |
Franklin Street Properties Corp. | 202,564 | 1,735,973 | |
Front Yard Residential Corp. Class B | 111,755 | 1,365,646 | |
Gaming & Leisure Properties | 386,459 | 13,831,368 | |
Getty Realty Corp. | 62,136 | 1,808,779 | |
Gladstone Commercial Corp. | 76,606 | 1,525,225 | |
Gladstone Land Corp. (a) | 23,552 | 322,662 | |
Global Medical REIT, Inc. | 12,930 | 123,740 | |
Global Net Lease, Inc. | 130,726 | 2,835,447 | |
Government Properties Income Trust (a) | 190,011 | 3,213,086 | |
Gramercy Property Trust | 292,778 | 8,007,478 | |
HCP, Inc. | 908,266 | 24,550,430 | |
Healthcare Realty Trust, Inc. | 262,572 | 8,129,229 | |
Healthcare Trust of America, Inc. | 387,197 | 11,062,218 | |
Hersha Hospitality Trust | 71,283 | 1,682,279 | |
Highwoods Properties, Inc. (SBI) | 185,987 | 9,250,993 | |
Hospitality Properties Trust (SBI) | 312,543 | 9,060,622 | |
Host Hotels & Resorts, Inc. | 1,420,155 | 30,575,937 | |
Hudson Pacific Properties, Inc. | 313,901 | 10,622,410 | |
Independence Realty Trust, Inc. | 140,119 | 1,447,429 | |
Industrial Logistics Properties Trust | 67,268 | 1,619,141 | |
InfraReit, Inc. | 82,809 | 1,729,880 | |
Investors Real Estate Trust | 202,786 | 1,105,184 | |
Invitation Homes, Inc. | 549,647 | 12,845,250 | |
Iron Mountain, Inc. | 538,602 | 19,443,532 | |
iStar Financial, Inc. (a) | 129,923 | 1,453,838 | |
JBG SMITH Properties | 197,137 | 7,384,752 | |
Jernigan Capital, Inc. | 21,201 | 424,232 | |
Kilroy Realty Corp. | 183,382 | 13,412,559 | |
Kimco Realty Corp. | 819,855 | 14,027,719 | |
Kite Realty Group Trust | 170,320 | 2,977,194 | |
Lamar Advertising Co. Class A | 159,840 | 12,315,672 | |
LaSalle Hotel Properties (SBI) | 206,162 | 7,238,348 | |
Lexington Corporate Properties Trust | 399,211 | 3,728,631 | |
Liberty Property Trust (SBI) | 291,830 | 12,767,563 | |
Life Storage, Inc. | 90,026 | 8,786,538 | |
LTC Properties, Inc. | 76,598 | 3,557,977 | |
Mack-Cali Realty Corp. | 182,244 | 3,980,209 | |
MedEquities Realty Trust, Inc. | 56,982 | 610,277 | |
Medical Properties Trust, Inc. | 763,546 | 11,491,367 | |
Mid-America Apartment Communities, Inc. | 219,168 | 22,697,038 | |
Monmouth Real Estate Investment Corp. Class A | 144,924 | 2,520,228 | |
National Health Investors, Inc. | 85,662 | 6,788,714 | |
National Retail Properties, Inc. | 290,818 | 13,403,802 | |
National Storage Affiliates Trust | 107,421 | 3,046,460 | |
New Senior Investment Group, Inc. | 149,321 | 946,695 | |
NexPoint Residential Trust, Inc. | 32,020 | 1,034,246 | |
NorthStar Realty Europe Corp. | 99,105 | 1,359,721 | |
Omega Healthcare Investors, Inc. (a) | 384,407 | 12,704,651 | |
One Liberty Properties, Inc. | 42,541 | 1,224,755 | |
Outfront Media, Inc. | 278,838 | 5,540,511 | |
Paramount Group, Inc. | 417,609 | 6,631,631 | |
Park Hotels & Resorts, Inc. | 384,706 | 12,868,416 | |
Pebblebrook Hotel Trust (a) | 134,429 | 5,190,304 | |
Pennsylvania Real Estate Investment Trust (SBI) | 137,479 | 1,402,286 | |
Physicians Realty Trust | 357,866 | 6,259,076 | |
Piedmont Office Realty Trust, Inc. Class A | 250,343 | 4,966,805 | |
Potlatch Corp. | 118,272 | 5,712,538 | |
Power (REIT) (b) | 718 | 4,344 | |
Preferred Apartment Communities, Inc. Class A | 81,117 | 1,445,505 | |
Prologis, Inc. | 1,217,790 | 81,811,132 | |
PS Business Parks, Inc. | 42,672 | 5,565,709 | |
Public Storage | 290,191 | 61,688,803 | |
QTS Realty Trust, Inc. Class A | 103,526 | 4,734,244 | |
Ramco-Gershenson Properties Trust (SBI) | 161,970 | 2,261,101 | |
Rayonier, Inc. | 246,837 | 8,597,333 | |
Realty Income Corp. | 540,503 | 31,657,261 | |
Regency Centers Corp. | 280,156 | 18,498,701 | |
Retail Opportunity Investments Corp. | 207,087 | 4,087,897 | |
Retail Properties America, Inc. | 409,657 | 5,214,934 | |
Rexford Industrial Realty, Inc. | 174,524 | 5,672,030 | |
RLJ Lodging Trust | 347,260 | 7,608,467 | |
Ryman Hospitality Properties, Inc. | 99,071 | 8,790,570 | |
Sabra Health Care REIT, Inc. | 356,789 | 8,413,085 | |
Safety Income and Growth, Inc. | 12,370 | 204,105 | |
Saul Centers, Inc. | 23,905 | 1,434,300 | |
SBA Communications Corp. Class A (b) | 220,984 | 34,303,346 | |
Select Income REIT | 130,864 | 2,689,255 | |
Senior Housing Properties Trust (SBI) | 490,704 | 9,377,353 | |
Seritage Growth Properties (a) | 55,673 | 2,866,046 | |
Simon Property Group, Inc. | 597,704 | 109,397,763 | |
SL Green Realty Corp. | 168,216 | 17,561,750 | |
Sotherly Hotels, Inc. | 2,721 | 20,054 | |
Spirit MTA REIT (a) | 83,110 | 890,939 | |
Spirit Realty Capital, Inc. | 780,634 | 6,533,907 | |
Stag Industrial, Inc. | 200,184 | 5,779,312 | |
Store Capital Corp. | 322,243 | 9,283,821 | |
Summit Hotel Properties, Inc. | 229,907 | 3,156,623 | |
Sun Communities, Inc. | 161,888 | 16,703,604 | |
Sunstone Hotel Investors, Inc. | 432,350 | 7,254,833 | |
Tanger Factory Outlet Centers, Inc. (a) | 177,740 | 4,276,424 | |
Taubman Centers, Inc. | 118,985 | 7,687,621 | |
Terreno Realty Corp. | 97,945 | 3,762,067 | |
The GEO Group, Inc. | 235,799 | 5,982,221 | |
The Macerich Co. | 210,709 | 12,377,047 | |
TIER REIT, Inc. | 108,647 | 2,590,144 | |
UDR, Inc. | 504,145 | 20,150,676 | |
UMH Properties, Inc. | 79,886 | 1,274,981 | |
Uniti Group, Inc. (a) | 323,922 | 6,744,056 | |
Universal Health Realty Income Trust (SBI) | 38,916 | 2,967,345 | |
Urban Edge Properties | 212,899 | 4,866,871 | |
Urstadt Biddle Properties, Inc. Class A | 92,798 | 2,111,155 | |
Ventas, Inc. | 689,548 | 41,283,239 | |
VEREIT, Inc. | 1,855,911 | 14,513,224 | |
Vornado Realty Trust | 332,081 | 25,570,237 | |
Washington Prime Group, Inc. | 352,285 | 2,726,686 | |
Washington REIT (SBI) | 155,354 | 4,902,972 | |
Weingarten Realty Investors (SBI) | 250,007 | 7,732,717 | |
Welltower, Inc. | 717,418 | 47,858,955 | |
Weyerhaeuser Co. | 1,456,578 | 50,557,822 | |
Wheeler REIT, Inc. (a) | 6,770 | 37,303 | |
Whitestone REIT Class B | 105,336 | 1,436,783 | |
WP Carey, Inc. | 215,291 | 14,334,075 | |
Xenia Hotels & Resorts, Inc. | 197,955 | 4,802,388 | |
2,040,749,490 | |||
Real Estate Management & Development - 0.1% | |||
Altisource Portfolio Solutions SA (a)(b) | 18,423 | 665,991 | |
Boston Omaha Corp. (a)(b) | 13,217 | 343,113 | |
CBRE Group, Inc. (b) | 576,875 | 28,157,269 | |
Consolidated-Tomoka Land Co. | 8,081 | 507,325 | |
Forestar Group, Inc. (a)(b) | 22,360 | 574,652 | |
FRP Holdings, Inc. (b) | 11,702 | 764,141 | |
HFF, Inc. | 77,093 | 3,500,793 | |
Howard Hughes Corp. (b) | 76,123 | 9,924,156 | |
Jones Lang LaSalle, Inc. | 85,898 | 13,101,163 | |
Kennedy-Wilson Holdings, Inc. | 251,133 | 5,386,803 | |
Marcus & Millichap, Inc. (b) | 26,096 | 950,155 | |
Maui Land & Pineapple, Inc. (b) | 31,310 | 397,637 | |
RE/MAX Holdings, Inc. | 32,840 | 1,617,370 | |
Realogy Holdings Corp. (a) | 250,072 | 5,349,040 | |
Redfin Corp. (a)(b) | 130,022 | 2,575,736 | |
Retail Value, Inc. (b) | 29,276 | 1,045,739 | |
Stratus Properties, Inc. (b) | 12,801 | 389,150 | |
Tejon Ranch Co. (b) | 29,778 | 661,965 | |
The St. Joe Co. (a)(b) | 125,813 | 2,163,984 | |
Transcontinental Realty Investors, Inc. (b) | 20,697 | 628,982 | |
Trinity Place Holdings, Inc. (b) | 7,019 | 42,816 | |
VICI Properties, Inc. | 138,928 | 2,904,984 | |
81,652,964 | |||
TOTAL REAL ESTATE | 2,122,402,454 | ||
TELECOMMUNICATION SERVICES - 1.7% | |||
Diversified Telecommunication Services - 1.6% | |||
Alaska Communication Systems Group, Inc. (b) | 135,810 | 267,546 | |
AT&T, Inc. | 14,049,911 | 448,754,157 | |
Atlantic Tele-Network, Inc. | 20,159 | 1,476,244 | |
Bandwidth, Inc. (b) | 11,272 | 513,552 | |
CenturyLink, Inc. | 1,904,600 | 40,682,256 | |
Cincinnati Bell, Inc. (b) | 118,793 | 1,544,309 | |
Cogent Communications Group, Inc. | 79,491 | 4,348,158 | |
Consolidated Communications Holdings, Inc. (a) | 126,066 | 1,488,839 | |
Frontier Communications Corp. (a) | 161,811 | 841,417 | |
Globalstar, Inc. (a)(b) | 800,187 | 408,015 | |
IDT Corp. Class B | 44,765 | 236,807 | |
Iridium Communications, Inc. (a)(b) | 166,538 | 3,372,395 | |
Ooma, Inc. (b) | 37,459 | 599,344 | |
ORBCOMM, Inc. (b) | 147,877 | 1,595,593 | |
Pareteum Corp. (a)(b) | 88,901 | 245,367 | |
PDVWireless, Inc. (b) | 18,833 | 565,932 | |
Verizon Communications, Inc. | 7,989,834 | 434,407,275 | |
Vonage Holdings Corp. (b) | 424,318 | 6,016,829 | |
WideOpenWest, Inc. (a)(b) | 35,967 | 419,016 | |
Windstream Holdings, Inc. (a)(b) | 76,326 | 359,495 | |
Zayo Group Holdings, Inc. (b) | 360,743 | 12,503,352 | |
960,645,898 | |||
Wireless Telecommunication Services - 0.1% | |||
Airgain, Inc. (a)(b) | 9,732 | 115,811 | |
Boingo Wireless, Inc. (b) | 90,549 | 2,995,361 | |
NII Holdings, Inc. (a)(b) | 192,173 | 1,103,073 | |
Shenandoah Telecommunications Co. | 92,579 | 3,531,889 | |
Spok Holdings, Inc. | 43,148 | 662,322 | |
Sprint Corp. (a)(b) | 1,344,786 | 8,216,642 | |
T-Mobile U.S., Inc. (b) | 569,092 | 37,582,836 | |
Telephone & Data Systems, Inc. | 174,990 | 5,256,700 | |
U.S. Cellular Corp. (b) | 27,310 | 1,167,776 | |
60,632,410 | |||
TOTAL TELECOMMUNICATION SERVICES | 1,021,278,308 | ||
UTILITIES - 2.8% | |||
Electric Utilities - 1.6% | |||
Allete, Inc. | 104,493 | 7,845,334 | |
Alliant Energy Corp. | 441,042 | 18,894,239 | |
American Electric Power Co., Inc. | 941,624 | 67,542,690 | |
Duke Energy Corp. | 1,356,125 | 110,171,595 | |
Edison International | 630,951 | 41,472,409 | |
El Paso Electric Co. | 80,794 | 4,952,672 | |
Entergy Corp. | 343,175 | 28,685,998 | |
Evergy, Inc. | 516,234 | 29,451,150 | |
Eversource Energy | 609,178 | 38,030,983 | |
Exelon Corp. | 1,852,392 | 80,968,054 | |
FirstEnergy Corp. | 868,107 | 32,449,840 | |
Genie Energy Ltd. Class B | 24,074 | 130,240 | |
Hawaiian Electric Industries, Inc. | 219,652 | 7,747,126 | |
IDACORP, Inc. | 102,567 | 10,036,181 | |
MGE Energy, Inc. | 72,899 | 4,771,240 | |
NextEra Energy, Inc. | 906,065 | 154,121,657 | |
OGE Energy Corp. | 377,699 | 13,910,654 | |
Otter Tail Corp. | 81,371 | 3,897,671 | |
PG&E Corp. | 996,068 | 45,998,420 | |
Pinnacle West Capital Corp. | 223,339 | 17,543,278 | |
PNM Resources, Inc. | 156,967 | 6,113,865 | |
Portland General Electric Co. | 174,192 | 8,082,509 | |
PPL Corp. | 1,360,295 | 40,455,173 | |
Southern Co. | 1,956,907 | 85,673,388 | |
Spark Energy, Inc. Class A, (a) | 24,582 | 216,322 | |
Vistra Energy Corp. (b) | 709,045 | 16,690,919 | |
Xcel Energy, Inc. | 983,494 | 47,256,887 | |
923,110,494 | |||
Gas Utilities - 0.2% | |||
Atmos Energy Corp. | 227,360 | 20,969,413 | |
Chesapeake Utilities Corp. | 32,292 | 2,777,112 | |
National Fuel Gas Co. | 165,416 | 9,185,550 | |
New Jersey Resources Corp. | 166,205 | 7,578,948 | |
Northwest Natural Gas Co. | 62,093 | 4,029,836 | |
ONE Gas, Inc. | 101,493 | 7,970,245 | |
RGC Resources, Inc. | 6,537 | 176,041 | |
South Jersey Industries, Inc. (a) | 159,735 | 5,300,007 | |
Southwest Gas Holdings, Inc. | 93,395 | 7,221,301 | |
Spire, Inc. | 102,174 | 7,617,072 | |
UGI Corp. | 328,308 | 17,745,047 | |
90,570,572 | |||
Independent Power and Renewable Electricity Producers - 0.1% | |||
NRG Energy, Inc. | 571,503 | 20,225,491 | |
NRG Yield, Inc.: | |||
Class A | 44,523 | 876,658 | |
Class C | 167,464 | 3,324,160 | |
Ormat Technologies, Inc. | 74,908 | 3,943,906 | |
Pattern Energy Group, Inc. (a) | 171,450 | 3,494,151 | |
Terraform Power, Inc. | 103,630 | 1,158,583 | |
The AES Corp. | 1,264,774 | 17,023,858 | |
50,046,807 | |||
Multi-Utilities - 0.8% | |||
Ameren Corp. | 468,043 | 29,594,359 | |
Avangrid, Inc. | 138,427 | 6,829,988 | |
Avista Corp. | 128,677 | 6,602,417 | |
Black Hills Corp. (a) | 101,787 | 5,990,165 | |
CenterPoint Energy, Inc. | 820,763 | 22,809,004 | |
CMS Energy Corp. | 535,500 | 26,368,020 | |
Consolidated Edison, Inc. | 595,082 | 46,969,822 | |
Dominion Resources, Inc. | 1,260,445 | 89,201,693 | |
DTE Energy Co. | 343,228 | 38,146,360 | |
MDU Resources Group, Inc. | 379,742 | 10,591,004 | |
NiSource, Inc. | 663,795 | 17,968,931 | |
NorthWestern Energy Corp. | 103,581 | 6,210,717 | |
Public Service Enterprise Group, Inc. | 967,507 | 50,648,991 | |
SCANA Corp. | 278,583 | 10,680,872 | |
Sempra Energy (a) | 509,240 | 59,112,579 | |
Unitil Corp. | 58,643 | 2,964,404 | |
Vectren Corp. | 159,198 | 11,334,898 | |
WEC Energy Group, Inc. | 600,251 | 40,564,963 | |
482,589,187 | |||
Water Utilities - 0.1% | |||
American States Water Co. | 72,116 | 4,357,970 | |
American Water Works Co., Inc. | 337,468 | 29,538,574 | |
Aqua America, Inc. | 365,029 | 13,571,778 | |
AquaVenture Holdings Ltd. (b) | 20,099 | 365,400 | |
Artesian Resources Corp. Class A | 60,277 | 2,165,753 | |
Cadiz, Inc. (a)(b) | 46,921 | 450,442 | |
California Water Service Group | 95,596 | 3,933,775 | |
Connecticut Water Service, Inc. | 31,367 | 2,148,953 | |
Middlesex Water Co. | 39,650 | 1,815,970 | |
Pure Cycle Corp. (b) | 17,116 | 192,555 | |
Select Energy Services, Inc. Class A (b) | 113,670 | 1,551,596 | |
SJW Corp. | 29,404 | 1,702,786 | |
York Water Co. | 40,150 | 1,208,515 | |
63,004,067 | |||
TOTAL UTILITIES | 1,609,321,127 | ||
TOTAL COMMON STOCKS | |||
(Cost $34,330,940,945) | 57,902,307,525 | ||
Principal Amount | Value | ||
U.S. Treasury Obligations - 0.0% | |||
U.S. Treasury Bills, yield at date of purchase 2.07% 1/3/19 (d) | |||
(Cost $5,957,592) | 6,000,000 | 5,957,196 | |
Shares | Value | ||
Money Market Funds - 3.7% | |||
Fidelity Cash Central Fund, 1.97% (e) | 307,770,942 | $307,832,496 | |
Fidelity Securities Lending Cash Central Fund 1.98% (e)(f) | 1,825,342,706 | 1,825,525,241 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $2,133,260,068) | 2,133,357,737 | ||
TOTAL INVESTMENT IN SECURITIES - 103.4% | |||
(Cost $36,470,158,605) | 60,041,622,458 | ||
NET OTHER ASSETS (LIABILITIES) - (3.4)% | (2,000,413,049) | ||
NET ASSETS - 100% | $58,041,209,409 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
CME E-mini Russell 2000 Index Contracts (United States) | 147 | Sept. 2018 | $12,793,410 | $565,066 | $565,066 |
CME E-mini S&P 500 Index Contracts (United States) | 599 | Sept. 2018 | 86,917,895 | 4,527,991 | 4,527,991 |
CME E-mini S&P MidCap 400 Index Contracts (United States) | 32 | Sept. 2018 | 6,545,920 | 243,778 | 243,778 |
TOTAL FUTURES CONTRACTS | $5,336,835 |
The notional amount of futures purchased as a percentage of Net Assets is 0.2%
Legend
(a) Security or a portion of the security is on loan at period end.
(b) Non-income producing
(c) Level 3 security
(d) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $5,957,196.
(e) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
(f) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $1,361,208 |
Fidelity Securities Lending Cash Central Fund | 6,954,115 |
Total | $8,315,323 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations if applicable.
Investment Valuation
The following is a summary of the inputs used, as of August 31, 2018, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
Investments in Securities: | ||||
Equities: | ||||
Consumer Discretionary | $7,604,125,980 | $7,604,125,980 | $-- | $-- |
Consumer Staples | 3,485,437,063 | 3,485,437,063 | -- | -- |
Energy | 3,229,447,104 | 3,229,447,104 | -- | -- |
Financials | 8,237,523,499 | 8,237,523,499 | -- | -- |
Health Care | 8,270,622,371 | 8,269,819,671 | -- | 802,700 |
Industrials | 5,958,058,160 | 5,958,058,160 | -- | -- |
Information Technology | 14,663,513,560 | 14,663,513,560 | -- | -- |
Materials | 1,700,577,899 | 1,700,474,715 | -- | 103,184 |
Real Estate | 2,122,402,454 | 2,122,402,454 | -- | -- |
Telecommunication Services | 1,021,278,308 | 1,021,278,308 | -- | -- |
Utilities | 1,609,321,127 | 1,609,321,127 | -- | -- |
U.S. Government and Government Agency Obligations | 5,957,196 | -- | 5,957,196 | -- |
Money Market Funds | 2,133,357,737 | 2,133,357,737 | -- | -- |
Total Investments in Securities: | $60,041,622,458 | $60,034,759,378 | $5,957,196 | $905,884 |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | $5,336,835 | $5,336,835 | $-- | $-- |
Total Assets | $5,336,835 | $5,336,835 | $-- | $-- |
Total Derivative Instruments: | $5,336,835 | $5,336,835 | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of August 31, 2018. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
Equity Risk | ||
Futures Contracts(a) | $5,336,835 | $0 |
Total Equity Risk | 5,336,835 | 0 |
Total Value of Derivatives | $5,336,835 | $0 |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in net unrealized appreciation (depreciation).
See accompanying notes which are an integral part of the financial statements.
Fidelity® Total Market Index Fund
Financial Statements
Statement of Assets and Liabilities
August 31, 2018 (Unaudited) | ||
Assets | ||
Investment in securities, at value (including securities loaned of $1,785,418,856) — See accompanying schedule: Unaffiliated issuers (cost $34,336,898,537) | $57,908,264,721 | |
Fidelity Central Funds (cost $2,133,260,068) | 2,133,357,737 | |
Total Investment in Securities (cost $36,470,158,605) | $60,041,622,458 | |
Segregated cash with brokers for derivative instruments | 8,720,656 | |
Cash | 9,438,923 | |
Receivable for fund shares sold | 65,862,664 | |
Dividends receivable | 94,694,052 | |
Distributions receivable from Fidelity Central Funds | 1,334,076 | |
Receivable for daily variation margin on futures contracts | 210,927 | |
Other receivables | 614,840 | |
Total assets | 60,222,498,596 | |
Liabilities | ||
Payable for investments purchased | $49,191,017 | |
Payable for fund shares redeemed | 305,481,434 | |
Accrued management fee | 707,464 | |
Other payables and accrued expenses | 895,166 | |
Collateral on securities loaned | 1,825,014,106 | |
Total liabilities | 2,181,289,187 | |
Net Assets | $58,041,209,409 | |
Net Assets consist of: | ||
Paid in capital | $33,983,028,655 | |
Undistributed net investment income | 490,441,785 | |
Accumulated undistributed net realized gain (loss) on investments | (9,061,719) | |
Net unrealized appreciation (depreciation) on investments | 23,576,800,688 | |
Net Assets | $58,041,209,409 | |
Investor Class: | ||
Net Asset Value, offering price and redemption price per share ($896,095,874 ÷ 10,667,382 shares) | $84.00 | |
Premium Class: | ||
Net Asset Value, offering price and redemption price per share ($30,147,015,917 ÷ 358,832,234 shares) | $84.01 | |
Institutional Class: | ||
Net Asset Value, offering price and redemption price per share ($3,777,134,844 ÷ 44,963,568 shares) | $84.00 | |
Institutional Premium Class: | ||
Net Asset Value, offering price and redemption price per share ($8,884,841,017 ÷ 105,771,661 shares) | $84.00 | |
Class F: | ||
Net Asset Value, offering price and redemption price per share ($14,336,121,757 ÷ 170,618,002 shares) | $84.02 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
Six months ended August 31, 2018 (Unaudited) | ||
Investment Income | ||
Dividends | $490,626,239 | |
Interest | 46,977 | |
Income from Fidelity Central Funds (including $6,954,115 from security lending) | 8,315,323 | |
Total income | 498,988,539 | |
Expenses | ||
Management fee | $4,005,590 | |
Transfer agent fees | 2,802,870 | |
Independent trustees' fees and expenses | 131,478 | |
Legal | 3,348 | |
Interest | 16,268 | |
Commitment fees | 71,142 | |
Total expenses before reductions | 7,030,696 | |
Expense reductions | (6,402) | |
Total expenses after reductions | 7,024,294 | |
Net investment income (loss) | 491,964,245 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | 129,861,925 | |
Fidelity Central Funds | (16,578) | |
Futures contracts | 12,178,931 | |
Total net realized gain (loss) | 142,024,278 | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | 4,071,504,045 | |
Fidelity Central Funds | (13,648) | |
Futures contracts | 1,169,644 | |
Total change in net unrealized appreciation (depreciation) | 4,072,660,041 | |
Net gain (loss) | 4,214,684,319 | |
Net increase (decrease) in net assets resulting from operations | $4,706,648,564 |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
Six months ended August 31, 2018 (Unaudited) | Year ended February 28, 2018 | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net investment income (loss) | $491,964,245 | $830,794,882 |
Net realized gain (loss) | 142,024,278 | 310,972,014 |
Change in net unrealized appreciation (depreciation) | 4,072,660,041 | 5,665,452,634 |
Net increase (decrease) in net assets resulting from operations | 4,706,648,564 | 6,807,219,530 |
Distributions to shareholders from net investment income | (167,025,734) | (778,723,850) |
Distributions to shareholders from net realized gain | (10,522,734) | (315,859,948) |
Total distributions | (177,548,468) | (1,094,583,798) |
Share transactions - net increase (decrease) | 3,339,415,507 | 4,369,390,868 |
Total increase (decrease) in net assets | 7,868,515,603 | 10,082,026,600 |
Net Assets | ||
Beginning of period | 50,172,693,806 | 40,090,667,206 |
End of period | $58,041,209,409 | $50,172,693,806 |
Other Information | ||
Undistributed net investment income end of period | $490,441,785 | $165,503,274 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity Total Market Index Fund Investor Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $77.43 | $68.20 | $55.32 | $61.58 | $54.91 | $44.05 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .71 | 1.30 | 1.20 | 1.13 | 1.10 | .92 |
Net realized and unrealized gain (loss) | 6.12 | 9.65 | 13.20 | (5.97) | 6.51 | 10.74 |
Total from investment operations | 6.83 | 10.95 | 14.40 | (4.84) | 7.61 | 11.66 |
Distributions from net investment income | (.24) | (1.21) | (1.13) | (1.11) | (.94) | (.80) |
Distributions from net realized gain | (.02) | (.51) | (.39) | (.31) | – | – |
Total distributions | (.26) | (1.72) | (1.52) | (1.42) | (.94) | (.80) |
Redemption fees added to paid in capitalB | – | – | –C | –C | –C | –C |
Net asset value, end of period | $84.00 | $77.43 | $68.20 | $55.32 | $61.58 | $54.91 |
Total ReturnD,E | 8.85% | 16.16% | 26.22% | (7.96)% | 13.94% | 26.62% |
Ratios to Average Net AssetsF,G | ||||||
Expenses before reductions | .08%H | .09% | .09% | .10% | .10% | .10% |
Expenses net of fee waivers, if any | .08%H | .09% | .09% | .10% | .10% | .10% |
Expenses net of all reductions | .08%H | .09% | .09% | .10% | .10% | .10% |
Net investment income (loss) | 1.79%H | 1.79% | 1.96% | 1.90% | 1.91% | 1.85% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $896,096 | $794,446 | $736,989 | $1,932,568 | $1,943,259 | $1,694,212 |
Portfolio turnover rateI | 5%H | 2% | 4% | 3% | 2% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Amount represents less than $.005 per share.
D Total returns for periods of less than one year are not annualized.
E Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
F Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
G Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
H Annualized
I Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
See accompanying notes which are an integral part of the financial statements.
Fidelity Total Market Index Fund Premium Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $77.44 | $68.20 | $55.32 | $61.59 | $54.91 | $44.06 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .73 | 1.34 | 1.25 | 1.16 | 1.13 | .94 |
Net realized and unrealized gain (loss) | 6.11 | 9.66 | 13.18 | (5.98) | 6.52 | 10.73 |
Total from investment operations | 6.84 | 11.00 | 14.43 | (4.82) | 7.65 | 11.67 |
Distributions from net investment income | (.25) | (1.25) | (1.16) | (1.14) | (.97) | (.82) |
Distributions from net realized gain | (.02) | (.51) | (.39) | (.31) | – | – |
Total distributions | (.27) | (1.76) | (1.55) | (1.45) | (.97) | (.82) |
Redemption fees added to paid in capitalB | – | – | –C | –C | –C | –C |
Net asset value, end of period | $84.01 | $77.44 | $68.20 | $55.32 | $61.59 | $54.91 |
Total ReturnD,E | 8.87% | 16.23% | 26.28% | (7.92)% | 14.02% | 26.65% |
Ratios to Average Net AssetsF,G | ||||||
Expenses before reductions | .03%H | .04% | .05% | .07% | .07% | .07% |
Expenses net of fee waivers, if any | .03%H | .04% | .05% | .05% | .05% | .06% |
Expenses net of all reductions | .03%H | .04% | .05% | .05% | .05% | .06% |
Net investment income (loss) | 1.83%H | 1.84% | 2.00% | 1.95% | 1.96% | 1.89% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $30,147,016 | $27,441,887 | $23,288,507 | $18,866,595 | $18,860,117 | $14,943,835 |
Portfolio turnover rateI | 5%H | 2% | 4% | 3% | 2% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Amount represents less than $.005 per share.
D Total returns for periods of less than one year are not annualized.
E Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
F Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
G Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
H Annualized
I Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
See accompanying notes which are an integral part of the financial statements.
Fidelity Total Market Index Fund Institutional Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $77.43 | $68.19 | $55.31 | $61.58 | $54.91 | $44.05 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .73 | 1.34 | 1.26 | 1.17 | 1.13 | .94 |
Net realized and unrealized gain (loss) | 6.11 | 9.66 | 13.18 | (5.98) | 6.52 | 10.75 |
Total from investment operations | 6.84 | 11.00 | 14.44 | (4.81) | 7.65 | 11.69 |
Distributions from net investment income | (.25) | (1.25) | (1.16) | (1.15) | (.98) | (.83) |
Distributions from net realized gain | (.02) | (.51) | (.39) | (.31) | – | – |
Total distributions | (.27) | (1.76) | (1.56)C | (1.46) | (.98) | (.83) |
Redemption fees added to paid in capitalB | – | – | –D | –D | –D | –D |
Net asset value, end of period | $84.00 | $77.43 | $68.19 | $55.31 | $61.58 | $54.91 |
Total ReturnE,F | 8.87% | 16.24% | 26.30% | (7.92)% | 14.01% | 26.69% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .03%I | .03% | .05% | .07% | .07% | .07% |
Expenses net of fee waivers, if any | .03%I | .03% | .04% | .04% | .04% | .05% |
Expenses net of all reductions | .03%I | .03% | .04% | .04% | .04% | .05% |
Net investment income (loss) | 1.84%I | 1.85% | 2.01% | 1.96% | 1.97% | 1.90% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $3,777,135 | $3,341,899 | $2,345,441 | $1,199,719 | $1,307,281 | $1,254,047 |
Portfolio turnover rateJ | 5%I | 2% | 4% | 3% | 2% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $1.56 per share is comprised of distributions from net investment income of $1.162 and distributions from net realized gain of $.393 per share.
D Amount represents less than $.005 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
See accompanying notes which are an integral part of the financial statements.
Fidelity Total Market Index Fund Institutional Premium Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $77.42 | $68.19 | $55.31 | $61.58 | $54.90 | $44.05 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .73 | 1.36 | 1.28 | 1.17 | 1.14 | .95 |
Net realized and unrealized gain (loss) | 6.12 | 9.65 | 13.17 | (5.98) | 6.52 | 10.73 |
Total from investment operations | 6.85 | 11.01 | 14.45 | (4.81) | 7.66 | 11.68 |
Distributions from net investment income | (.26) | (1.27) | (1.17) | (1.15) | (.98) | (.83) |
Distributions from net realized gain | (.02) | (.51) | (.39) | (.31) | – | – |
Total distributions | (.27)C | (1.78) | (1.57)D | (1.46) | (.98) | (.83) |
Redemption fees added to paid in capitalB | – | – | –E | –E | –E | –E |
Net asset value, end of period | $84.00 | $77.42 | $68.19 | $55.31 | $61.58 | $54.90 |
Total ReturnF,G | 8.89% | 16.25% | 26.32% | (7.91)% | 14.04% | 26.67% |
Ratios to Average Net AssetsH,I | ||||||
Expenses before reductions | .02%J | .02% | .02% | .05% | .04% | .06% |
Expenses net of fee waivers, if any | .02%J | .02% | .02% | .04% | .04% | .05% |
Expenses net of all reductions | .02%J | .02% | .02% | .04% | .04% | .05% |
Net investment income (loss) | 1.85%J | 1.86% | 2.02% | 1.97% | 1.97% | 1.90% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $8,884,841 | $6,114,864 | $4,684,669 | $800,304 | $1,022,585 | $740,877 |
Portfolio turnover rateK | 5%J | 2% | 4% | 3% | 2% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $.27 per share is comprised of distributions from net investment income of $.257 and distributions from net realized gain of $.016 per share.
D Total distributions of $1.57 per share is comprised of distributions from net investment income of $1.173 and distributions from net realized gain of $.393 per share.
E Amount represents less than $.005 per share.
F Total returns for periods of less than one year are not annualized.
G Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
H Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
I Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
J Annualized
K Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
See accompanying notes which are an integral part of the financial statements.
Fidelity Total Market Index Fund Class F
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $77.45 | $68.21 | $55.32 | $61.59 | $54.92 | $44.06 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .73 | 1.36 | 1.26 | 1.17 | 1.14 | .95 |
Net realized and unrealized gain (loss) | 6.11 | 9.66 | 13.20 | (5.98) | 6.51 | 10.74 |
Total from investment operations | 6.84 | 11.02 | 14.46 | (4.81) | 7.65 | 11.69 |
Distributions from net investment income | (.26) | (1.27) | (1.17) | (1.15) | (.98) | (.83) |
Distributions from net realized gain | (.02) | (.51) | (.39) | (.31) | – | – |
Total distributions | (.27)C | (1.78) | (1.57)D | (1.46) | (.98) | (.83) |
Redemption fees added to paid in capitalB | – | – | –E | –E | –E | –E |
Net asset value, end of period | $84.02 | $77.45 | $68.21 | $55.32 | $61.59 | $54.92 |
Total ReturnF,G | 8.87% | 16.26% | 26.33% | (7.91)% | 14.01% | 26.69% |
Ratios to Average Net AssetsH,I | ||||||
Expenses before reductions | .02%J | .02% | .02% | .04% | .04% | .05% |
Expenses net of fee waivers, if any | .02%J | .02% | .02% | .04% | .04% | .05% |
Expenses net of all reductions | .02%J | .02% | .02% | .04% | .04% | .05% |
Net investment income (loss) | 1.85%J | 1.86% | 2.02% | 1.97% | 1.97% | 1.90% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $14,336,122 | $12,479,597 | $9,035,061 | $6,659,560 | $6,368,808 | $5,088,489 |
Portfolio turnover rateK | 5%J | 2% | 4% | 3% | 2% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $.27 per share is comprised of distributions from net investment income of $.257 and distributions from net realized gain of $.016 per share.
D Total distributions of $1.57 per share is comprised of distributions from net investment income of $1.173 and distributions from net realized gain of $.393 per share.
E Amount represents less than $.005 per share.
F Total returns for periods of less than one year are not annualized.
G Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
H Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
I Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
J Annualized
K Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
See accompanying notes which are an integral part of the financial statements.
Fidelity® Extended Market Index Fund
Investment Summary (Unaudited)
Top Ten Stocks as of August 31, 2018
% of fund's net assets | |
Tesla, Inc. | 0.8 |
ServiceNow, Inc. | 0.7 |
Worldpay, Inc.�� | 0.6 |
Square, Inc. | 0.5 |
Las Vegas Sands Corp. | 0.5 |
Workday, Inc. Class A | 0.4 |
Palo Alto Networks, Inc. | 0.4 |
T-Mobile U.S., Inc. | 0.4 |
Dell Technologies, Inc. | 0.4 |
Splunk, Inc. | 0.4 |
5.1 |
Top Market Sectors as of August 31, 2018
% of fund's net assets | |
Information Technology | 19.8 |
Financials | 16.3 |
Consumer Discretionary | 14.1 |
Industrials | 13.5 |
Health Care | 12.7 |
Real Estate | 8.0 |
Materials | 5.0 |
Energy | 4.3 |
Consumer Staples | 2.8 |
Utilities | 2.5 |
Fidelity® Extended Market Index Fund
Schedule of Investments August 31, 2018 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 99.9% | |||
Shares | Value | ||
CONSUMER DISCRETIONARY - 14.1% | |||
Auto Components - 1.2% | |||
Adient PLC (a) | 415,157 | $17,972,147 | |
American Axle & Manufacturing Holdings, Inc. (a)(b) | 446,529 | 7,908,029 | |
Autoliv, Inc. (a) | 389,696 | 34,718,017 | |
CDTi Advanced Materials, Inc. (a)(b) | 23,121 | 8,786 | |
Cooper Tire & Rubber Co. | 226,038 | 6,521,196 | |
Cooper-Standard Holding, Inc. (b) | 73,338 | 10,152,179 | |
Dana Holding Corp. | 655,624 | 12,830,562 | |
Delphi Technologies PLC | 395,514 | 13,933,958 | |
Dorman Products, Inc. (a)(b) | 134,628 | 10,902,175 | |
Fox Factory Holding Corp. (b) | 169,599 | 11,202,014 | |
Gentex Corp. | 1,224,509 | 28,629,020 | |
Gentherm, Inc. (a)(b) | 166,226 | 8,178,319 | |
Hertz Global Holdings, Inc. (a)(b) | 373,428 | 6,576,067 | |
Horizon Global Corp. (a)(b) | 104,364 | 809,865 | |
LCI Industries | 113,240 | 10,525,658 | |
Lear Corp. | 294,282 | 47,732,540 | |
Modine Manufacturing Co. (b) | 227,805 | 3,838,514 | |
Motorcar Parts of America, Inc. (a)(b) | 88,120 | 2,338,705 | |
Shiloh Industries, Inc. (b) | 59,119 | 530,889 | |
Standard Motor Products, Inc. | 95,988 | 4,873,311 | |
Stoneridge, Inc. (b) | 121,984 | 3,650,981 | |
Strattec Security Corp. | 16,077 | 551,441 | |
Superior Industries International, Inc. | 101,962 | 2,212,575 | |
Sypris Solutions, Inc. (b) | 33,367 | 53,387 | |
Tenneco, Inc. | 229,232 | 9,808,837 | |
Tower International, Inc. | 96,360 | 3,256,968 | |
Unique Fabricating, Inc. (a) | 9,426 | 75,408 | |
UQM Technologies, Inc. (a)(b) | 135,330 | 162,396 | |
Veoneer, Inc. (a)(b) | 390,087 | 19,480,945 | |
Visteon Corp. (a)(b) | 131,112 | 14,473,454 | |
VOXX International Corp. (b) | 81,933 | 442,438 | |
Workhorse Group, Inc. (a)(b) | 96,155 | 98,078 | |
294,448,859 | |||
Automobiles - 0.9% | |||
REV Group, Inc. (a) | 127,715 | 2,172,432 | |
Tesla, Inc. (a)(b) | 600,021 | 181,002,265 | |
Thor Industries, Inc. | 220,657 | 21,059,504 | |
Winnebago Industries, Inc. | 130,656 | 4,827,739 | |
209,061,940 | |||
Distributors - 0.2% | |||
Core-Mark Holding Co., Inc. | 210,476 | 7,528,727 | |
Educational Development Corp. | 32,392 | 388,704 | |
Pool Corp. | 182,120 | 29,915,031 | |
Weyco Group, Inc. | 33,001 | 1,170,545 | |
39,003,007 | |||
Diversified Consumer Services - 0.9% | |||
Adtalem Global Education, Inc. (b) | 269,943 | 12,916,773 | |
American Public Education, Inc. (b) | 73,999 | 2,571,465 | |
Ascent Capital Group, Inc. (b) | 46,583 | 95,495 | |
Aspen Group, Inc. (b) | 4,559 | 35,013 | |
Bridgepoint Education, Inc. (b) | 125,853 | 1,480,031 | |
Bright Horizons Family Solutions, Inc. (b) | 262,457 | 31,345,240 | |
Cambium Learning Group, Inc. (b) | 62,373 | 834,551 | |
Career Education Corp. (b) | 294,392 | 4,695,552 | |
Carriage Services, Inc. | 68,174 | 1,552,322 | |
Chegg, Inc. (a)(b) | 373,057 | 12,079,586 | |
Collectors Universe, Inc. | 36,664 | 547,394 | |
Graham Holdings Co. | 20,070 | 11,292,386 | |
Grand Canyon Education, Inc. (b) | 212,371 | 25,301,881 | |
Houghton Mifflin Harcourt Co. (b) | 454,966 | 2,934,531 | |
K12, Inc. (b) | 174,512 | 2,889,919 | |
Laureate Education, Inc. Class A (b) | 239,109 | 3,818,571 | |
Lincoln Educational Services Corp. (b) | 82,611 | 181,744 | |
National American University Holdings, Inc. | 22,806 | 20,069 | |
Regis Corp. (a)(b) | 157,058 | 3,359,471 | |
Service Corp. International | 816,351 | 34,254,088 | |
ServiceMaster Global Holdings, Inc. (b) | 607,007 | 36,584,312 | |
Sotheby's Class A (Ltd. vtg.) (a)(b) | 164,729 | 7,910,287 | |
Strategic Education, Inc. | 93,644 | 12,994,978 | |
Universal Technical Institute, Inc. (b) | 85,915 | 233,689 | |
Weight Watchers International, Inc. (a)(b) | 164,897 | 12,350,785 | |
Xpresspa Group, Inc. (a)(b) | 92,290 | 15,929 | |
222,296,062 | |||
Hotels, Restaurants & Leisure - 3.3% | |||
ARAMARK Holdings Corp. | 1,097,334 | 45,078,481 | |
Ark Restaurants Corp. | 8,300 | 185,090 | |
Belmond Ltd. Class A (b) | 377,445 | 6,322,204 | |
BFC Financial Corp. Class A | 322,999 | 2,399,883 | |
Biglari Holdings, Inc. (b) | 449 | 430,196 | |
Biglari Holdings, Inc. (a)(b) | 4,931 | 974,119 | |
BJ's Restaurants, Inc. | 79,787 | 6,039,876 | |
Bloomin' Brands, Inc. | 408,528 | 7,884,590 | |
Bojangles', Inc. (a)(b) | 81,225 | 1,185,885 | |
Boyd Gaming Corp. | 365,028 | 13,294,320 | |
Brinker International, Inc. | 194,122 | 8,595,722 | |
Caesars Entertainment Corp. (a)(b) | 619,589 | 6,319,808 | |
Carrols Restaurant Group, Inc. (b) | 164,134 | 2,593,317 | |
Century Casinos, Inc. (b) | 117,212 | 937,696 | |
Chanticleer Holdings, Inc. (a)(b) | 9,043 | 23,060 | |
Choice Hotels International, Inc. | 161,267 | 12,586,889 | |
Churchill Downs, Inc. | 50,810 | 14,358,906 | |
Chuy's Holdings, Inc. (a)(b) | 80,703 | 2,336,352 | |
Cracker Barrel Old Country Store, Inc. (a) | 107,050 | 15,960,085 | |
Dave & Buster's Entertainment, Inc. (a)(b) | 178,667 | 10,393,059 | |
Del Frisco's Restaurant Group, Inc. (b) | 141,158 | 1,333,943 | |
Del Taco Restaurants, Inc. (b) | 165,354 | 2,138,027 | |
Denny's Corp. (b) | 300,088 | 4,522,326 | |
Dine Brands Global, Inc. (a) | 81,512 | 6,799,731 | |
Diversified Restaurant Holdings, Inc. (b) | 53,847 | 64,078 | |
Domino's Pizza, Inc. | 188,801 | 56,368,427 | |
Dover Downs Gaming & Entertainment, Inc. (a)(b) | 99,329 | 317,853 | |
Dover Motorsports, Inc. | 22,265 | 45,643 | |
Drive Shack, Inc. (a)(b) | 273,459 | 1,695,446 | |
Dunkin' Brands Group, Inc. (a) | 366,649 | 26,725,046 | |
El Pollo Loco Holdings, Inc. (a)(b) | 95,555 | 1,137,105 | |
Eldorado Resorts, Inc. (a)(b) | 270,640 | 13,004,252 | |
Empire Resorts, Inc. (b) | 9,190 | 114,416 | |
Extended Stay America, Inc. unit | 858,074 | 17,315,933 | |
Famous Dave's of America, Inc. (a)(b) | 20,722 | 137,801 | |
Fiesta Restaurant Group, Inc. (a)(b) | 124,405 | 3,576,644 | |
Flanigans Enterprises, Inc. | 1,099 | 30,663 | |
Full House Resorts, Inc. (b) | 33,775 | 103,014 | |
Gaming Partners International Corp. | 1,555 | 13,529 | |
Golden Entertainment, Inc. (a)(b) | 76,111 | 2,207,980 | |
Good Times Restaurants, Inc. (a)(b) | 40,245 | 197,201 | |
Habit Restaurants, Inc. Class A (a)(b) | 104,122 | 1,723,219 | |
Hilton Grand Vacations, Inc. (b) | 429,083 | 14,013,851 | |
Hyatt Hotels Corp. Class A | 205,010 | 15,859,574 | |
ILG, Inc. | 468,826 | 16,001,031 | |
Inspired Entertainment, Inc. (a)(b) | 65,633 | 465,994 | |
International Speedway Corp. Class A | 109,682 | 4,842,460 | |
J. Alexanders Holdings, Inc. (b) | 57,936 | 718,406 | |
Jack in the Box, Inc. | 125,955 | 11,416,561 | |
Jamba, Inc. (a)(b) | 72,308 | 938,558 | |
Kona Grill, Inc. (a)(b) | 42,354 | 108,003 | |
Las Vegas Sands Corp. | 1,620,450 | 106,009,839 | |
Lindblad Expeditions Holdings (b) | 124,865 | 1,896,699 | |
Luby's, Inc. (b) | 53,936 | 108,951 | |
Marriott Vacations Worldwide Corp. (a) | 106,632 | 12,689,208 | |
Monarch Casino & Resort, Inc. (b) | 51,970 | 2,445,189 | |
Nathan's Famous, Inc. | 14,061 | 1,247,211 | |
Noodles & Co. (a)(b) | 179,808 | 2,211,638 | |
Papa John's International, Inc. (a) | 104,923 | 4,839,049 | |
Papa Murphy's Holdings, Inc. (a)(b) | 42,478 | 235,753 | |
Peak Resorts, Inc. | 18,552 | 94,615 | |
Penn National Gaming, Inc. (a)(b) | 374,892 | 12,918,778 | |
Pinnacle Entertainment, Inc. (b) | 245,051 | 8,390,546 | |
Planet Fitness, Inc. (b) | 391,065 | 20,089,009 | |
Playa Hotels & Resorts NV (b) | 307,268 | 3,174,078 | |
PlayAGS, Inc. (a)(b) | 100,762 | 3,228,414 | |
Potbelly Corp. (a)(b) | 109,327 | 1,481,381 | |
Rave Restaurant Group, Inc. (a)(b) | 27,004 | 34,835 | |
RCI Hospitality Holdings, Inc. | 40,076 | 1,299,665 | |
Red Lion Hotels Corp. (b) | 142,774 | 1,948,865 | |
Red Robin Gourmet Burgers, Inc. (a)(b) | 58,123 | 2,400,480 | |
Red Rock Resorts, Inc. | 313,105 | 10,219,747 | |
Ruth's Hospitality Group, Inc. | 138,050 | 4,251,940 | |
Scientific Games Corp. Class A (a)(b) | 240,593 | 7,289,968 | |
SeaWorld Entertainment, Inc. (a)(b) | 301,930 | 8,852,588 | |
Shake Shack, Inc. Class A (a)(b) | 91,352 | 5,522,228 | |
Six Flags Entertainment Corp. (a) | 343,574 | 23,208,424 | |
Sonic Corp. (a) | 167,298 | 5,999,306 | |
Speedway Motorsports, Inc. | 52,361 | 936,738 | |
Texas Roadhouse, Inc. Class A | 291,972 | 20,131,469 | |
The Cheesecake Factory, Inc. (a) | 191,688 | 10,192,051 | |
The ONE Group Hospitality, Inc. (b) | 64 | 202 | |
Town Sports International Holdings, Inc. (a)(b) | 117,611 | 1,076,141 | |
U.S. Foods Holding Corp. (b) | 610,625 | 19,900,269 | |
Vail Resorts, Inc. | 180,033 | 53,658,836 | |
Wendy's Co. | 793,027 | 13,996,927 | |
Wingstop, Inc. | 134,876 | 9,029,948 | |
Wyndham Destinations, Inc. | 438,771 | 19,393,678 | |
Wyndham Hotels & Resorts, Inc. | 448,589 | 25,457,426 | |
Zoe's Kitchen, Inc. (a)(b) | 84,372 | 1,155,896 | |
788,854,238 | |||
Household Durables - 1.0% | |||
AV Homes, Inc. (a)(b) | 48,545 | 1,041,290 | |
Bassett Furniture Industries, Inc. | 44,549 | 1,040,219 | |
Beazer Homes U.S.A., Inc. (b) | 161,535 | 2,069,263 | |
Cavco Industries, Inc. (b) | 38,753 | 9,509,986 | |
Century Communities, Inc. (b) | 107,446 | 3,142,796 | |
Comstock Holding Companies, Inc. (a)(b) | 5,255 | 14,714 | |
CSS Industries, Inc. | 38,366 | 532,520 | |
Dixie Group, Inc. (b) | 52,063 | 88,507 | |
Emerson Radio Corp. (b) | 23,944 | 34,958 | |
Ethan Allen Interiors, Inc. | 120,058 | 2,671,291 | |
Flexsteel Industries, Inc. | 27,568 | 983,626 | |
GoPro, Inc. Class A (a)(b) | 488,399 | 3,130,638 | |
Green Brick Partners, Inc. (b) | 126,138 | 1,318,142 | |
Hamilton Beach Brands Holding Co. Class A | 31,310 | 724,827 | |
Helen of Troy Ltd. (b) | 118,161 | 14,055,251 | |
Hooker Furniture Corp. | 53,135 | 2,234,327 | |
Hovnanian Enterprises, Inc. Class A (a)(b) | 570,695 | 890,284 | |
Installed Building Products, Inc. (a)(b) | 93,224 | 4,339,577 | |
iRobot Corp. (a)(b) | 123,457 | 14,012,370 | |
KB Home | 384,332 | 9,550,650 | |
Koss Corp. (b) | 1,363 | 4,961 | |
La-Z-Boy, Inc. | 210,116 | 6,986,357 | |
LGI Homes, Inc. (a)(b) | 82,020 | 4,724,352 | |
Libbey, Inc. | 99,416 | 977,259 | |
Lifetime Brands, Inc. | 49,035 | 571,258 | |
Live Ventures, Inc. (a)(b) | 13,437 | 139,207 | |
M.D.C. Holdings, Inc. | 197,575 | 6,263,128 | |
M/I Homes, Inc. (b) | 126,733 | 3,283,652 | |
Meritage Homes Corp. (b) | 168,966 | 7,290,883 | |
New Home Co. LLC (a)(b) | 56,015 | 491,812 | |
Nova LifeStyle, Inc. (a)(b) | 94,559 | 168,315 | |
NVR, Inc. (b) | 15,014 | 40,064,108 | |
Roku, Inc. Class A (a) | 197,461 | 11,746,955 | |
Skyline Champion Corp. (a) | 37,140 | 1,073,717 | |
Taylor Morrison Home Corp. (b) | 490,101 | 9,537,365 | |
Tempur Sealy International, Inc. (a)(b) | 205,288 | 11,370,902 | |
Toll Brothers, Inc. | 620,900 | 22,495,207 | |
TopBuild Corp. (b) | 158,127 | 9,848,150 | |
TRI Pointe Homes, Inc. (a)(b) | 696,854 | 10,097,414 | |
Tupperware Brands Corp. | 232,323 | 7,555,144 | |
Turtle Beach Corp. (a)(b) | 30,978 | 709,706 | |
Universal Electronics, Inc. (b) | 64,631 | 2,792,059 | |
Vuzix Corp. (a)(b) | 105,859 | 688,084 | |
William Lyon Homes, Inc. (b) | 130,949 | 2,562,672 | |
Zagg, Inc. (b) | 126,039 | 2,041,832 | |
234,869,735 | |||
Internet & Direct Marketing Retail - 0.5% | |||
1-800-FLOWERS.com, Inc. Class A (b) | 149,584 | 1,802,487 | |
Blue Apron Holdings, Inc. Class A (a)(b) | 167,209 | 337,762 | |
CafePress, Inc. (b) | 18,525 | 23,527 | |
Duluth Holdings, Inc. (a)(b) | 50,523 | 1,462,136 | |
EVINE Live, Inc. (b) | 202,505 | 259,206 | |
FTD Companies, Inc. (b) | 72,589 | 259,869 | |
Gaia, Inc. Class A (b) | 63,495 | 1,111,163 | |
Groupon, Inc. (a)(b) | 1,799,969 | 7,685,868 | |
Lands' End, Inc. (a)(b) | 79,744 | 2,049,421 | |
Liberty Expedia Holdings, Inc. (b) | 243,141 | 11,220,957 | |
Liberty Interactive Corp. QVC Group Series A (b) | 1,997,862 | 41,535,551 | |
Liberty TripAdvisor Holdings, Inc. (a)(b) | 321,787 | 5,100,324 | |
NutriSystem, Inc. (a) | 131,713 | 4,873,381 | |
Overstock.com, Inc. (a)(b) | 91,080 | 2,659,536 | |
PetMed Express, Inc. (a) | 90,589 | 3,323,710 | |
Shutterfly, Inc. (a)(b) | 146,417 | 11,373,673 | |
U.S. Auto Parts Network, Inc. (b) | 61,593 | 89,926 | |
Wayfair LLC Class A (a)(b) | 193,361 | 26,136,606 | |
121,305,103 | |||
Leisure Products - 0.4% | |||
American Outdoor Brands Corp. (a)(b) | 234,376 | 3,288,295 | |
Brunswick Corp. | 392,116 | 26,044,345 | |
Callaway Golf Co. | 434,031 | 9,900,247 | |
Clarus Corp. | 96,677 | 1,000,607 | |
Escalade, Inc. | 32,990 | 438,767 | |
JAKKS Pacific, Inc. (a)(b) | 84,913 | 216,528 | |
Johnson Outdoors, Inc. Class A | 26,035 | 2,636,825 | |
Malibu Boats, Inc. Class A (b) | 91,698 | 4,420,761 | |
Marine Products Corp. | 24,746 | 486,011 | |
MCBC Holdings, Inc. (b) | 80,733 | 2,225,809 | |
Nautilus, Inc. (b) | 139,378 | 2,041,888 | |
Polaris Industries, Inc. | 261,830 | 28,395,464 | |
Sturm, Ruger & Co., Inc. (a) | 79,114 | 5,178,011 | |
Summer Infant, Inc. (b) | 36,722 | 70,506 | |
Vista Outdoor, Inc. (a)(b) | 255,466 | 4,718,457 | |
91,062,521 | |||
Media - 2.6% | |||
A.H. Belo Corp. Class A | 69,528 | 305,923 | |
Alliance MMA, Inc. (a)(b) | 30,530 | 9,159 | |
Altice U.S.A., Inc. Class A | 533,044 | 9,552,148 | |
AMC Entertainment Holdings, Inc. Class A | 228,936 | 4,361,231 | |
AMC Networks, Inc. Class A (a)(b) | 204,624 | 12,852,433 | |
Ballantyne of Omaha, Inc. (b) | 46,879 | 203,924 | |
Beasley Broadcast Group, Inc. Class A | 15,847 | 119,645 | |
Cable One, Inc. (a) | 20,703 | 17,343,731 | |
Central European Media Enterprises Ltd. Class A (a)(b) | 429,345 | 1,631,511 | |
Cinedigm Corp. (a)(b) | 23,291 | 29,114 | |
Cinemark Holdings, Inc. | 473,165 | 17,658,518 | |
Clear Channel Outdoor Holding, Inc. Class A | 150,322 | 683,965 | |
Daily Journal Corp. (a)(b) | 4,233 | 1,009,359 | |
E.W. Scripps Co. Class A | 255,555 | 3,748,992 | |
Emmis Communications Corp. Class A (b) | 24,302 | 123,454 | |
Entercom Communications Corp. Class A (a) | 620,104 | 4,867,816 | |
Entravision Communication Corp. Class A | 275,793 | 1,447,913 | |
Fluent, Inc. (a)(b) | 178,990 | 429,576 | |
Gannett Co., Inc. | 504,935 | 5,190,732 | |
GCI Liberty, Inc. (b) | 452,051 | 22,186,663 | |
Global Eagle Entertainment, Inc. (a)(b) | 266,502 | 708,895 | |
Gray Television, Inc. (b) | 346,794 | 6,051,555 | |
Harte-Hanks, Inc. (b) | 20,159 | 173,166 | |
Hemisphere Media Group, Inc. (b) | 92,913 | 1,272,908 | |
Insignia Systems, Inc. (b) | 22,471 | 48,987 | |
John Wiley & Sons, Inc. Class A | 208,990 | 13,490,305 | |
Lee Enterprises, Inc. (a)(b) | 220,079 | 627,225 | |
Liberty Broadband Corp.: | |||
Class A (a)(b) | 155,935 | 12,630,735 | |
Class C (b) | 639,047 | 51,820,321 | |
Liberty Global PLC: | |||
Class A (b) | 968,528 | 25,966,236 | |
Class C (a)(b) | 2,677,538 | 69,321,459 | |
Liberty Latin America Ltd. (a)(b) | 539,966 | 10,599,533 | |
Liberty Latin America Ltd. Class A (a)(b) | 192,335 | 3,790,923 | |
Liberty Media Corp.: | |||
Liberty Braves Class A (b) | 50,029 | 1,334,774 | |
Liberty Braves Class C (a)(b) | 148,739 | 3,951,995 | |
Liberty Formula One Group Series C (b) | 885,276 | 32,719,801 | |
Liberty Media Class A (a)(b) | 133,732 | 4,677,945 | |
Liberty SiriusXM Series A (b) | 436,353 | 20,395,139 | |
Liberty SiriusXM Series C (b) | 684,888 | 32,217,132 | |
Lions Gate Entertainment Corp.: | |||
Class A (a) | 266,609 | 6,270,644 | |
Class B (a) | 524,665 | 11,778,729 | |
Live Nation Entertainment, Inc. (a)(b) | 610,005 | 30,305,048 | |
LiveXLive Media, Inc. (a)(b) | 104,452 | 529,572 | |
Loral Space & Communications Ltd. (a)(b) | 54,083 | 2,398,581 | |
Marcus Corp. | 88,925 | 3,610,355 | |
Meredith Corp. | 177,041 | 9,144,168 | |
MSG Network, Inc. Class A (a)(b) | 281,615 | 6,843,245 | |
National CineMedia, Inc. | 271,241 | 2,468,293 | |
New Media Investment Group, Inc. | 282,428 | 4,490,605 | |
Nexstar Broadcasting Group, Inc. Class A (a) | 201,548 | 16,526,936 | |
NTN Communications, Inc. (a)(b) | 20,786 | 103,564 | |
Reading International, Inc. Class A (b) | 94,967 | 1,528,969 | |
RLJ Entertainment, Inc. (b) | 84,322 | 527,013 | |
Saga Communications, Inc. Class A | 17,067 | 648,546 | |
Salem Communications Corp. Class A | 38,194 | 147,047 | |
Scholastic Corp. | 121,503 | 5,107,986 | |
Sinclair Broadcast Group, Inc. Class A | 338,987 | 9,813,674 | |
Sirius XM Holdings, Inc. (a) | 6,382,464 | 45,315,494 | |
Social Reality, Inc. (a)(b) | 34,667 | 150,455 | |
SPAR Group, Inc. (a)(b) | 143,038 | 145,899 | |
Tegna, Inc. | 974,297 | 11,340,817 | |
The Madison Square Garden Co. (b) | 73,987 | 22,339,635 | |
The McClatchy Co. Class A (a)(b) | 20,452 | 184,068 | |
The New York Times Co. Class A (a) | 574,286 | 13,380,864 | |
Townsquare Media, Inc. | 39,720 | 354,700 | |
Tribune Media Co. Class A | 317,294 | 11,704,976 | |
tronc, Inc. (b) | 114,154 | 1,883,541 | |
Urban One, Inc. Class D (non-vtg.) (b) | 112,382 | 247,240 | |
World Wrestling Entertainment, Inc. Class A (a) | 177,463 | 15,512,041 | |
630,357,546 | |||
Multiline Retail - 0.2% | |||
Big Lots, Inc. (a) | 188,705 | 8,123,750 | |
Dillard's, Inc. Class A (a) | 88,484 | 6,953,073 | |
Fred's, Inc. Class A (a) | 145,522 | 248,843 | |
JC Penney Corp., Inc. (a)(b) | 1,391,260 | 2,462,530 | |
Ollie's Bargain Outlet Holdings, Inc. (a)(b) | 220,892 | 19,239,693 | |
Sears Holdings Corp. (a)(b) | 137,613 | 184,401 | |
Tuesday Morning Corp. (a)(b) | 191,458 | 583,947 | |
37,796,237 | |||
Specialty Retail - 1.9% | |||
Aaron's, Inc. Class A | 277,390 | 13,791,831 | |
Abercrombie & Fitch Co. Class A | 305,387 | 6,617,736 | |
America's Car Mart, Inc. (b) | 32,267 | 2,692,681 | |
American Eagle Outfitters, Inc. | 748,803 | 19,438,926 | |
Appliance Recycling Centers of America, Inc. (b) | 2,912 | 3,116 | |
Armstrong Flooring, Inc. (b) | 107,523 | 1,882,728 | |
Asbury Automotive Group, Inc. (b) | 79,754 | 5,941,673 | |
Ascena Retail Group, Inc. (a)(b) | 760,695 | 3,483,983 | |
At Home Group, Inc. (a)(b) | 114,088 | 3,925,768 | |
AutoNation, Inc. (a)(b) | 260,707 | 11,823,062 | |
Barnes & Noble Education, Inc. (b) | 167,418 | 1,001,160 | |
Barnes & Noble, Inc. (a) | 282,172 | 1,481,403 | |
Bed Bath & Beyond, Inc. | 623,918 | 11,193,089 | |
Big 5 Sporting Goods Corp. (a) | 96,400 | 549,480 | |
Blink Charging Co. (a) | 48,416 | 154,447 | |
Boot Barn Holdings, Inc. (a)(b) | 120,662 | 3,611,414 | |
Build-A-Bear Workshop, Inc. (b) | 60,976 | 560,979 | |
Burlington Stores, Inc. (b) | 301,209 | 50,657,330 | |
Caleres, Inc. | 201,174 | 8,143,524 | |
Camping World Holdings, Inc. (a) | 137,047 | 2,838,243 | |
Cars.com, Inc. (a)(b) | 323,274 | 8,699,303 | |
Chico's FAS, Inc. | 569,523 | 5,194,050 | |
Christopher & Banks Corp. (a)(b) | 139,716 | 136,922 | |
Citi Trends, Inc. | 68,267 | 2,112,181 | |
Conn's, Inc. (a)(b) | 121,175 | 4,968,175 | |
Destination Maternity Corp. (a)(b) | 70,933 | 356,084 | |
Destination XL Group, Inc. (a)(b) | 161,954 | 445,374 | |
DGSE Companies, Inc. (a)(b) | 6,800 | 4,552 | |
Dick's Sporting Goods, Inc. (a) | 344,167 | 12,885,612 | |
DSW, Inc. Class A (a) | 318,244 | 10,584,795 | |
Express, Inc. (a)(b) | 350,263 | 3,929,951 | |
Five Below, Inc. (a)(b) | 247,751 | 28,855,559 | |
Floor & Decor Holdings, Inc. Class A (a)(b) | 200,563 | 7,372,696 | |
Francesca's Holdings Corp. (a)(b) | 161,057 | 1,011,438 | |
GameStop Corp. Class A (a) | 446,525 | 5,925,387 | |
Genesco, Inc. (a)(b) | 87,079 | 4,427,967 | |
GNC Holdings, Inc. Class A (a)(b) | 305,807 | 948,002 | |
Group 1 Automotive, Inc. | 90,525 | 6,978,572 | |
Guess?, Inc. | 267,769 | 6,560,341 | |
Haverty Furniture Companies, Inc. | 83,237 | 1,839,538 | |
Hibbett Sports, Inc. (a)(b) | 85,321 | 1,753,347 | |
InfoSonics Corp. (b) | 1,646 | 6,090 | |
Kirkland's, Inc. (a)(b) | 63,574 | 577,888 | |
Lithia Motors, Inc. Class A (sub. vtg.) (a) | 107,785 | 9,312,624 | |
Lumber Liquidators Holdings, Inc. (a)(b) | 123,416 | 2,151,141 | |
MarineMax, Inc. (b) | 98,126 | 2,207,835 | |
Michaels Companies, Inc. (a)(b) | 488,557 | 8,300,583 | |
Monro, Inc. (a) | 147,644 | 10,475,342 | |
Murphy U.S.A., Inc. (a)(b) | 136,733 | 11,346,104 | |
New York & Co., Inc. (a)(b) | 121,608 | 553,316 | |
Office Depot, Inc. | 2,271,839 | 7,610,661 | |
Party City Holdco, Inc. (a)(b) | 120,567 | 1,850,703 | |
Penske Automotive Group, Inc. (a) | 160,272 | 8,435,115 | |
Pier 1 Imports, Inc. (a) | 329,915 | 607,044 | |
Rent-A-Center, Inc. (a)(b) | 242,006 | 3,567,168 | |
RH (a)(b) | 85,455 | 13,587,345 | |
Sally Beauty Holdings, Inc. (a)(b) | 544,765 | 8,389,381 | |
Sears Hometown & Outlet Stores, Inc. (a)(b) | 47,413 | 142,239 | |
Shoe Carnival, Inc. | 48,930 | 2,175,428 | |
Signet Jewelers Ltd. (a) | 263,848 | 16,939,042 | |
Sleep Number Corp. (a)(b) | 167,458 | 5,643,335 | |
Sonic Automotive, Inc. Class A (sub. vtg.) | 106,428 | 2,288,202 | |
Sportsman's Warehouse Holdings, Inc. (a)(b) | 164,128 | 937,171 | |
Stage Stores, Inc. (a) | 125,887 | 264,363 | |
Stein Mart, Inc. (a)(b) | 118,280 | 275,592 | |
Tailored Brands, Inc. (a) | 217,999 | 5,131,696 | |
Tandy Leather Factory, Inc. (b) | 3,017 | 22,778 | |
The Buckle, Inc. (a) | 131,998 | 3,398,949 | |
The Cato Corp. Class A (sub. vtg.) | 109,621 | 2,351,370 | |
The Children's Place Retail Stores, Inc. | 73,993 | 10,414,515 | |
The Container Store Group, Inc. (b) | 73,884 | 834,889 | |
Tile Shop Holdings, Inc. | 171,080 | 1,308,762 | |
Tilly's, Inc. | 62,718 | 1,475,127 | |
Trans World Entertainment Corp. (b) | 28,580 | 26,582 | |
Urban Outfitters, Inc. (b) | 353,862 | 16,447,506 | |
Vitamin Shoppe, Inc. (a)(b) | 108,281 | 1,385,997 | |
Williams-Sonoma, Inc. (a) | 344,633 | 24,203,576 | |
Winmark Corp. | 8,866 | 1,322,807 | |
Zumiez, Inc. (b) | 82,415 | 2,567,227 | |
453,317,912 | |||
Textiles, Apparel & Luxury Goods - 1.0% | |||
Carbon Black, Inc. (a) | 40,598 | 1,028,347 | |
Carter's, Inc. | 209,977 | 22,242,864 | |
Charles & Colvard Ltd. (a)(b) | 44,254 | 45,582 | |
Cherokee, Inc. (a)(b) | 50,362 | 43,311 | |
Columbia Sportswear Co. | 140,596 | 12,752,057 | |
Crocs, Inc. (a)(b) | 310,259 | 6,409,951 | |
Crown Crafts, Inc. | 2,186 | 12,788 | |
Culp, Inc. | 43,649 | 1,106,502 | |
Deckers Outdoor Corp. (b) | 136,070 | 16,578,769 | |
Delta Apparel, Inc. (b) | 25,017 | 464,065 | |
Differential Brands Group, Inc. (a)(b) | 60,189 | 290,111 | |
Emerald Expositions Events, Inc. | 111,911 | 1,748,050 | |
Forward Industries, Inc. (NY Shares) (a)(b) | 18,474 | 28,450 | |
Fossil Group, Inc. (a)(b) | 195,270 | 4,426,771 | |
G-III Apparel Group Ltd. (a)(b) | 188,127 | 8,556,016 | |
Goosehead Insurance (a) | 44,880 | 1,392,178 | |
Iconix Brand Group, Inc. (a)(b) | 269,342 | 94,270 | |
J.Jill, Inc. (a)(b) | 69,488 | 419,708 | |
Lakeland Industries, Inc. (b) | 24,080 | 317,856 | |
lululemon athletica, Inc. (b) | 426,554 | 66,086,011 | |
Movado Group, Inc. | 70,492 | 3,002,959 | |
Naked Brand Group, Inc. (a)(b) | 6,834 | 27,883 | |
Newmark Group, Inc. | 559,816 | 7,193,636 | |
Oxford Industries, Inc. | 76,738 | 7,143,540 | |
Perry Ellis International, Inc. (b) | 59,963 | 1,650,781 | |
PetIQ, Inc. Class A (a)(b) | 29,036 | 1,137,050 | |
Rocky Brands, Inc. | 31,092 | 937,424 | |
Sequential Brands Group, Inc. (a)(b) | 181,557 | 326,803 | |
Skechers U.S.A., Inc. Class A (sub. vtg.) (a)(b) | 610,234 | 17,989,698 | |
Steven Madden Ltd. | 237,240 | 13,795,506 | |
Stitch Fix, Inc. (a)(b) | 64,803 | 2,629,706 | |
Superior Group of Companies, Inc. | 29,984 | 568,197 | |
Switch, Inc. Class A (a) | 171,537 | 1,982,968 | |
TPG RE Finance Trust, Inc. | 197,654 | 4,081,555 | |
Unifi, Inc. (b) | 78,142 | 2,485,697 | |
Vera Bradley, Inc. (b) | 94,414 | 1,384,109 | |
Vince Holding Corp. (a)(b) | 13,170 | 277,755 | |
Wolverine World Wide, Inc. | 426,756 | 16,720,300 | |
227,379,224 | |||
TOTAL CONSUMER DISCRETIONARY | 3,349,752,384 | ||
CONSUMER STAPLES - 2.8% | |||
Beverages - 0.2% | |||
Boston Beer Co., Inc. Class A (b) | 39,145 | 11,866,807 | |
Castle Brands, Inc. (a)(b) | 349,780 | 402,247 | |
Celsius Holdings, Inc. (a)(b) | 62,275 | 284,597 | |
Coca-Cola Bottling Co. Consolidated | 21,283 | 3,608,745 | |
Craft Brew Alliance, Inc. (b) | 47,928 | 908,236 | |
Keurig Dr. Pepper, Inc. | 800,642 | 18,254,638 | |
MGP Ingredients, Inc. (a) | 56,066 | 4,323,249 | |
National Beverage Corp. (a) | 52,602 | 6,198,620 | |
New Age Beverages Corp. (a)(b) | 90,017 | 133,225 | |
Primo Water Corp. (b) | 153,485 | 3,069,700 | |
REED'S, Inc. (a)(b) | 70,567 | 232,871 | |
49,282,935 | |||
Food & Staples Retailing - 0.5% | |||
Andersons, Inc. | 119,001 | 4,861,191 | |
Casey's General Stores, Inc. (a) | 168,046 | 19,185,812 | |
Chefs' Warehouse Holdings (a)(b) | 95,703 | 2,813,668 | |
Ingles Markets, Inc. Class A | 61,881 | 2,224,622 | |
Natural Grocers by Vitamin Cottage, Inc. (a)(b) | 42,028 | 815,763 | |
Performance Food Group Co. (b) | 382,166 | 12,649,695 | |
PriceSmart, Inc. (a) | 102,329 | 8,887,274 | |
Rite Aid Corp. (a)(b) | 4,796,382 | 6,571,043 | |
Smart & Final Stores, Inc. (a)(b) | 129,757 | 908,299 | |
SpartanNash Co. | 163,229 | 3,484,939 | |
Sprouts Farmers Market LLC (b) | 554,974 | 14,690,162 | |
SUPERVALU, Inc. (b) | 175,843 | 5,677,970 | |
United Natural Foods, Inc. (a)(b) | 221,922 | 7,880,450 | |
Village Super Market, Inc. Class A | 35,891 | 1,047,299 | |
Weis Markets, Inc. | 74,984 | 3,493,505 | |
Welbilt, Inc. (a)(b) | 624,906 | 13,829,170 | |
109,020,862 | |||
Food Products - 1.4% | |||
Alico, Inc. | 12,431 | 401,521 | |
Arcadia Biosciences, Inc. (b) | 2,224 | 15,234 | |
B&G Foods, Inc. Class A (a) | 295,011 | 9,425,601 | |
Bunge Ltd. | 629,194 | 40,885,026 | |
Cal-Maine Foods, Inc. | 132,202 | 6,537,389 | |
Calavo Growers, Inc. (a) | 70,040 | 7,413,734 | |
Coffee Holding Co., Inc. (b) | 18,589 | 94,990 | |
Darling International, Inc. (b) | 744,036 | 14,717,032 | |
Dean Foods Co. (a) | 403,110 | 3,071,698 | |
Farmer Brothers Co. (a)(b) | 50,454 | 1,463,166 | |
Flowers Foods, Inc. | 837,902 | 16,883,725 | |
Fresh Del Monte Produce, Inc. | 150,807 | 5,646,214 | |
Freshpet, Inc. (a)(b) | 111,119 | 4,128,071 | |
Hostess Brands, Inc. Class A (a)(b) | 352,939 | 4,150,563 | |
Ingredion, Inc. | 323,089 | 32,654,605 | |
J&J Snack Foods Corp. | 66,998 | 9,748,209 | |
John B. Sanfilippo & Son, Inc. | 40,025 | 2,924,627 | |
Lamb Weston Holdings, Inc. | 650,730 | 43,989,348 | |
Lancaster Colony Corp. | 90,080 | 14,076,802 | |
Landec Corp. (b) | 118,257 | 1,590,557 | |
Lifeway Foods, Inc. (b) | 26,937 | 96,973 | |
Limoneira Co. | 63,181 | 1,949,134 | |
nLIGHT, Inc. (b) | 27,693 | 853,221 | |
Pilgrim's Pride Corp. (a)(b) | 240,755 | 4,451,560 | |
Pinnacle Foods, Inc. | 522,687 | 34,716,871 | |
Post Holdings, Inc. (a)(b) | 298,955 | 29,076,363 | |
RiceBran Technologies (a)(b) | 31,606 | 103,036 | |
Rocky Mountain Chocolate Factory, Inc. | 2,945 | 30,039 | |
S&W Seed Co. (a)(b) | 43,975 | 140,720 | |
Sanderson Farms, Inc. (a) | 90,912 | 9,614,853 | |
Seaboard Corp. | 1,246 | 4,591,236 | |
Seneca Foods Corp. Class A (b) | 29,562 | 954,853 | |
The Hain Celestial Group, Inc. (a)(b) | 465,870 | 13,305,247 | |
The Simply Good Foods Co. (a)(b) | 239,761 | 4,315,698 | |
Tootsie Roll Industries, Inc. (a) | 90,278 | 2,600,006 | |
TreeHouse Foods, Inc. (a)(b) | 253,310 | 13,197,451 | |
339,815,373 | |||
Household Products - 0.2% | |||
Central Garden & Pet Co. Class A (non-vtg.) (b) | 231,435 | 8,408,034 | |
Energizer Holdings, Inc. | 265,351 | 16,873,670 | |
Funko, Inc. (a)(b) | 53,219 | 1,352,827 | |
Ocean Bio-Chem, Inc. | 25,804 | 106,571 | |
Oil-Dri Corp. of America | 22,258 | 904,788 | |
Orchids Paper Products Co. (a)(b) | 39,941 | 146,583 | |
Spectrum Brands Holdings, Inc. (a) | 212,444 | 18,450,761 | |
WD-40 Co. (a) | 61,978 | 10,997,996 | |
57,241,230 | |||
Personal Products - 0.4% | |||
Avon Products, Inc. (a)(b) | 1,977,598 | 3,955,196 | |
CCA Industries, Inc. (b) | 3,026 | 8,624 | |
Cyanotech Corp. (b) | 3,737 | 13,453 | |
Edgewell Personal Care Co. (a)(b) | 240,900 | 13,603,623 | |
elf Beauty, Inc. (a)(b) | 100,515 | 1,396,153 | |
Herbalife Nutrition Ltd. (b) | 514,818 | 29,133,551 | |
Inter Parfums, Inc. | 78,674 | 5,137,412 | |
LifeVantage Corp. (a)(b) | 57,355 | 720,379 | |
Mannatech, Inc. | 4,435 | 83,600 | |
MediFast, Inc. | 47,085 | 10,770,694 | |
MYOS Corp. (a)(b) | 833 | 1,100 | |
Natural Alternatives International, Inc. (b) | 19,731 | 187,445 | |
Natural Health Trends Corp. (a) | 30,320 | 802,570 | |
Nature's Sunshine Products, Inc. (b) | 31,350 | 282,150 | |
Nu Skin Enterprises, Inc. Class A | 248,893 | 19,811,883 | |
Reliv International, Inc. (b) | 1,499 | 7,345 | |
Revlon, Inc. (a)(b) | 47,986 | 1,043,696 | |
United-Guardian, Inc. | 5,904 | 108,338 | |
USANA Health Sciences, Inc. (b) | 52,016 | 6,863,511 | |
Veru, Inc. (a)(b) | 71,284 | 141,855 | |
94,072,578 | |||
Tobacco - 0.1% | |||
22nd Century Group, Inc. (a)(b) | 460,359 | 1,247,573 | |
Alliance One International, Inc. (a)(b) | 38,644 | 683,999 | |
Turning Point Brands, Inc. (a) | 33,366 | 1,123,100 | |
Universal Corp. | 113,060 | 6,760,988 | |
Vector Group Ltd. (a) | 473,473 | 7,353,036 | |
17,168,696 | |||
TOTAL CONSUMER STAPLES | 666,601,674 | ||
ENERGY - 4.3% | |||
Energy Equipment & Services - 1.1% | |||
ACM Research, Inc. (a)(b) | 36,968 | 521,618 | |
Archrock, Inc. | 593,191 | 7,503,866 | |
Aspen Aerogels, Inc. (b) | 83,435 | 403,825 | |
Basic Energy Services, Inc. (b) | 98,791 | 875,288 | |
Bristow Group, Inc. (a)(b) | 139,892 | 1,533,216 | |
C&J Energy Services, Inc. (b) | 291,885 | 6,114,991 | |
Carbo Ceramics, Inc. (a)(b) | 108,759 | 940,765 | |
Core Laboratories NV (a) | 194,832 | 22,318,006 | |
Dawson Geophysical Co. (a) | 86,896 | 538,755 | |
Diamond Offshore Drilling, Inc. (a)(b) | 281,291 | 4,900,089 | |
Dril-Quip, Inc. (a)(b) | 170,524 | 8,978,089 | |
EcoStim Energy Solutions, Inc. (b) | 45,009 | 18,773 | |
ENGlobal Corp. (b) | 48,611 | 50,555 | |
Ensco PLC Class A (a) | 1,938,236 | 13,257,534 | |
Enservco Corp. (a)(b) | 76,307 | 50,370 | |
Era Group, Inc. (b) | 74,312 | 887,285 | |
Exterran Corp. (b) | 142,998 | 3,916,715 | |
Forum Energy Technologies, Inc. (b) | 346,649 | 4,142,456 | |
Frank's International NV (a) | 279,786 | 2,470,510 | |
FTS International, Inc. (b) | 109,598 | 1,208,866 | |
Geospace Technologies Corp. (a)(b) | 61,378 | 867,271 | |
Gulf Island Fabrication, Inc. | 50,167 | 474,078 | |
GulfMark Offshore, Inc. (a)(b) | 15,982 | 583,343 | |
Helix Energy Solutions Group, Inc. (b) | 626,995 | 5,868,673 | |
Hornbeck Offshore Services, Inc. (b) | 145,542 | 641,840 | |
Independence Contract Drilling, Inc. (b) | 124,870 | 545,682 | |
ION Geophysical Corp. (a)(b) | 42,726 | 766,932 | |
Key Energy Services, Inc. (b) | 46,431 | 620,318 | |
Liberty Oilfield Services, Inc. Class A (a) | 46,862 | 920,370 | |
Mammoth Energy Services, Inc. | 44,896 | 1,233,742 | |
Matrix Service Co. (b) | 122,152 | 2,552,977 | |
McDermott International, Inc. (a)(b) | 798,344 | 15,439,973 | |
Mitcham Industries, Inc. (b) | 40,167 | 160,668 | |
Nabors Industries Ltd. | 1,575,166 | 9,718,774 | |
Natural Gas Services Group, Inc. (b) | 51,774 | 1,144,205 | |
NCS Multistage Holdings, Inc. (a)(b) | 46,570 | 757,694 | |
Newpark Resources, Inc. (a)(b) | 395,660 | 4,154,430 | |
Noble Corp. (a)(b) | 1,104,992 | 6,740,451 | |
Oceaneering International, Inc. (a) | 453,391 | 12,817,364 | |
Oil States International, Inc. (b) | 276,237 | 9,350,622 | |
Parker Drilling Co. (a)(b) | 37,424 | 147,451 | |
Patterson-UTI Energy, Inc. | 992,917 | 17,008,668 | |
PHI, Inc. (non-vtg.) (b) | 45,577 | 371,453 | |
Pioneer Energy Services Corp. (b) | 357,373 | 1,143,594 | |
Profire Energy, Inc. (a)(b) | 143,347 | 408,539 | |
Quintana Energy Services, Inc. (a)(b) | 65,953 | 516,412 | |
Ranger Energy Services, Inc. Class A | 20,663 | 172,536 | |
RigNet, Inc. (b) | 51,505 | 839,532 | |
Rowan Companies PLC (a)(b) | 497,230 | 6,981,109 | |
RPC, Inc. (a) | 275,755 | 3,772,328 | |
SAExploration Holdings, Inc.: | |||
warrants 7/27/21 (b)(c) | 42 | 0 | |
warrants 7/27/21 (b)(c) | 42 | 0 | |
SEACOR Holdings, Inc. (b) | 78,739 | 4,051,122 | |
SEACOR Marine Holdings, Inc. (a)(b) | 69,485 | 1,423,053 | |
Smart Sand, Inc. (a)(b) | 100,045 | 498,224 | |
Solaris Oilfield Infrastructure, Inc. Class A (a)(b) | 89,140 | 1,534,991 | |
Superior Energy Services, Inc. (a)(b) | 704,690 | 6,342,210 | |
Synthesis Energy Systems, Inc. (a)(b) | 30,310 | 75,775 | |
TETRA Technologies, Inc. (b) | 568,895 | 2,611,228 | |
Tidewater, Inc. (a)(b) | 106,388 | 3,404,416 | |
Transocean Ltd. (United States) (a)(b) | 1,934,998 | 23,432,826 | |
U.S. Silica Holdings, Inc. (a) | 352,315 | 7,465,555 | |
Unit Corp. (b) | 250,344 | 6,581,544 | |
Weatherford International PLC (a)(b) | 4,437,915 | 10,739,754 | |
255,513,299 | |||
Oil, Gas & Consumable Fuels - 3.2% | |||
Abraxas Petroleum Corp. (b) | 751,149 | 1,690,085 | |
Adams Resources & Energy, Inc. | 9,725 | 446,378 | |
Aemetis, Inc. (b) | 43,473 | 53,907 | |
Alta Mesa Resources, Inc. Class A (a)(b) | 522,555 | 2,476,911 | |
Amyris, Inc. (b) | 131,911 | 1,183,242 | |
Antero Resources Corp. (a)(b) | 957,852 | 17,729,841 | |
Approach Resources, Inc. (a)(b) | 207,929 | 449,127 | |
Arch Coal, Inc. | 92,704 | 8,220,064 | |
Barnwell Industries, Inc. (b) | 11,088 | 21,622 | |
Bonanza Creek Energy, Inc. (b) | 94,040 | 2,915,240 | |
California Resources Corp. (a)(b) | 194,938 | 8,097,725 | |
Callon Petroleum Co. (a)(b) | 1,004,425 | 11,350,003 | |
Carrizo Oil & Gas, Inc. (b) | 388,505 | 9,409,591 | |
Centennial Resource Development, Inc. Class A (a)(b) | 780,268 | 15,035,764 | |
Centrus Energy Corp. Class A (a)(b) | 21,753 | 49,597 | |
Cheniere Energy, Inc. (b) | 925,356 | 61,934,077 | |
Chesapeake Energy Corp. (a)(b) | 4,038,948 | 17,892,540 | |
Clean Energy Fuels Corp. (b) | 599,821 | 1,649,508 | |
Cloud Peak Energy, Inc. (b) | 343,710 | 811,156 | |
CNX Resources Corp. (b) | 869,470 | 13,859,352 | |
Comstock Resources, Inc. (b) | 58,734 | 568,545 | |
CONSOL Energy, Inc. (b) | 110,230 | 4,728,867 | |
Contango Oil & Gas Co. (a)(b) | 110,727 | 756,265 | |
Continental Resources, Inc. (a)(b) | 383,933 | 25,320,381 | |
CVR Energy, Inc. | 130,096 | 4,950,153 | |
Delek U.S. Holdings, Inc. | 336,903 | 18,361,214 | |
Denbury Resources, Inc. (a)(b) | 1,782,250 | 9,927,133 | |
Diamondback Energy, Inc. (a) | 440,444 | 53,328,960 | |
Dorian Lpg Ltd. (b) | 132,893 | 1,012,645 | |
Earthstone Energy, Inc. (b) | 106,067 | 888,841 | |
Eclipse Resources Corp. (a)(b) | 466,049 | 666,450 | |
Energen Corp. (b) | 435,946 | 33,807,612 | |
Energy XXI Gulf Coast, Inc. (b) | 160,349 | 1,451,158 | |
EP Energy Corp. (a)(b) | 190,722 | 333,764 | |
Evolution Petroleum Corp. | 129,483 | 1,301,304 | |
Extraction Oil & Gas, Inc. (a)(b) | 573,298 | 6,621,592 | |
Gastar Exploration, Inc. (a)(b) | 751,204 | 59,420 | |
Gevo, Inc. (a)(b) | 20,550 | 79,118 | |
Goodrich Petroleum Corp. (a)(b) | 27,152 | 379,856 | |
Green Plains, Inc. | 176,797 | 3,138,147 | |
Gulfport Energy Corp. (a)(b) | 691,671 | 8,134,051 | |
Halcon Resources Corp. (a)(b) | 695,628 | 3,185,976 | |
Hallador Energy Co. | 76,925 | 470,012 | |
Highpoint Resources, Inc. (b) | 434,873 | 2,396,150 | |
Houston American Energy Corp. (a)(b) | 96,963 | 21,817 | |
International Seaways, Inc. (a)(b) | 131,702 | 2,702,525 | |
Isramco, Inc. (b) | 3,432 | 400,514 | |
Jagged Peak Energy, Inc. (a)(b) | 149,435 | 1,974,036 | |
Jones Energy, Inc. (b) | 295,544 | 97,530 | |
Kosmos Energy Ltd. (a)(b) | 1,089,883 | 9,852,542 | |
Laredo Petroleum, Inc. (a)(b) | 570,943 | 4,733,117 | |
Lilis Energy, Inc. (a)(b) | 175,925 | 935,921 | |
Lonestar Resources U.S., Inc. (a)(b) | 94,981 | 863,377 | |
Matador Resources Co. (a)(b) | 463,546 | 15,176,496 | |
Mexco Energy Corp. (b) | 2,080 | 10,504 | |
Midstates Petroleum Co., Inc. (b) | 108,910 | 1,266,623 | |
Murphy Oil Corp. | 723,796 | 22,314,631 | |
NACCO Industries, Inc. Class A | 20,158 | 708,554 | |
Nextdecade Corp. (a)(b) | 57,546 | 390,737 | |
Nine Energy Service, Inc. (b) | 40,660 | 1,218,987 | |
Northern Oil & Gas, Inc. (a)(b) | 940,917 | 3,246,164 | |
Oasis Petroleum, Inc. (a)(b) | 1,181,945 | 15,908,980 | |
Overseas Shipholding Group, Inc. (b) | 199,656 | 684,820 | |
Pacific Ethanol, Inc. (b) | 154,515 | 285,853 | |
Panhandle Royalty Co. Class A | 84,554 | 1,576,932 | |
Par Pacific Holdings, Inc. (a)(b) | 118,042 | 2,397,433 | |
Parsley Energy, Inc. Class A (b) | 1,147,417 | 31,863,770 | |
PBF Energy, Inc. Class A | 528,151 | 27,421,600 | |
PDC Energy, Inc. (b) | 293,262 | 15,451,975 | |
Peabody Energy Corp. | 451,615 | 18,656,216 | |
Pedevco Corp. (a)(b) | 6,070 | 14,386 | |
Penn Virginia Corp. (b) | 62,543 | 5,562,574 | |
PrimeEnergy Corp. (b) | 4,446 | 329,004 | |
QEP Resources, Inc. (b) | 1,061,472 | 10,582,876 | |
Ramaco Resources, Inc. (b) | 23,222 | 184,615 | |
Range Resources Corp. (a) | 1,007,119 | 16,536,894 | |
Renewable Energy Group, Inc. (a)(b) | 150,758 | 4,062,928 | |
Resolute Energy Corp. (a)(b) | 89,891 | 2,962,807 | |
Rex American Resources Corp. (b) | 25,663 | 2,067,925 | |
Ring Energy, Inc. (b) | 246,884 | 2,913,231 | |
Sanchez Energy Corp. (a)(b) | 332,605 | 874,751 | |
SandRidge Energy, Inc. (b) | 160,445 | 2,544,658 | |
SemGroup Corp. Class A (a) | 314,015 | 7,599,163 | |
SilverBow Resources, Inc. (b) | 24,454 | 754,650 | |
SM Energy Co. | 457,563 | 13,768,071 | |
Southwestern Energy Co. (a)(b) | 2,283,668 | 12,834,214 | |
SRC Energy, Inc. (a)(b) | 1,100,977 | 10,250,096 | |
Talos Energy, Inc. (a)(b) | 90,661 | 3,129,618 | |
Targa Resources Corp. | 983,076 | 54,137,995 | |
Tellurian, Inc. (a)(b) | 413,703 | 4,000,508 | |
Tengasco, Inc. (a)(b) | 71,660 | 78,109 | |
Torchlight Energy Resources, Inc. (a)(b) | 215,751 | 252,429 | |
TransAtlantic Petroleum Ltd. (b) | 78,088 | 135,092 | |
U.S. Energy Corp. (b) | 16,279 | 15,188 | |
Ultra Petroleum Corp. (a)(b) | 838,228 | 1,098,079 | |
Uranium Energy Corp. (a)(b) | 628,474 | 1,074,691 | |
VAALCO Energy, Inc. (b) | 270,263 | 654,036 | |
Vertex Energy, Inc. (a)(b) | 53,517 | 68,502 | |
W&T Offshore, Inc. (a)(b) | 415,454 | 2,812,624 | |
Westwater Resources, Inc. (a)(b) | 149,006 | 32,826 | |
Whiting Petroleum Corp. (b) | 403,892 | 20,562,142 | |
WildHorse Resource Development Corp. (a)(b) | 103,071 | 2,240,764 | |
World Fuel Services Corp. | 306,077 | 8,579,338 | |
WPX Energy, Inc. (b) | 1,766,471 | 33,686,602 | |
Yuma Energy, Inc. (a)(b) | 5,206 | 1,426 | |
Zion Oil & Gas, Inc. (a)(b) | 251,977 | 466,157 | |
764,173,967 | |||
TOTAL ENERGY | 1,019,687,266 | ||
FINANCIALS - 16.3% | |||
Banks - 6.9% | |||
1st Constitution Bancorp | 41,322 | 873,960 | |
1st Source Corp. | 81,005 | 4,535,470 | |
Access National Corp. | 64,833 | 1,759,568 | |
ACNB Corp. | 16,821 | 602,192 | |
Allegiance Bancshares, Inc. (b) | 66,951 | 2,982,667 | |
American National Bankshares, Inc. | 27,639 | 1,137,345 | |
American River Bankshares | 8,078 | 122,139 | |
Ameris Bancorp | 190,625 | 9,464,531 | |
AmeriServ Financial, Inc. | 14,455 | 65,770 | |
Ames National Corp. | 26,775 | 809,944 | |
Anchor Bancorp (b) | 7,890 | 226,049 | |
Arrow Financial Corp. | 58,535 | 2,303,352 | |
Associated Banc-Corp. | 750,374 | 20,447,692 | |
Atlantic Capital Bancshares, Inc. (b) | 115,417 | 2,106,360 | |
Auburn National Bancorp., Inc. (a) | 3,468 | 160,915 | |
Banc of California, Inc. | 183,876 | 3,705,101 | |
BancFirst Corp. | 82,079 | 5,236,640 | |
Bancorp, Inc., Delaware (b) | 249,200 | 2,499,476 | |
BancorpSouth Bank | 379,712 | 13,213,978 | |
Bank of Commerce Holdings | 96,497 | 1,244,811 | |
Bank of Hawaii Corp. | 186,091 | 15,469,745 | |
Bank of Marin Bancorp | 25,314 | 2,231,429 | |
Bank of South Carolina Corp. | 11,084 | 224,451 | |
Bank of the Ozarks, Inc. | 538,836 | 21,801,305 | |
BankUnited, Inc. | 467,041 | 18,116,520 | |
Bankwell Financial Group, Inc. | 40,214 | 1,266,741 | |
Banner Corp. | 145,508 | 9,360,530 | |
Bar Harbor Bankshares | 71,268 | 2,098,843 | |
BayCom Corp. | 26,266 | 688,169 | |
BCB Bancorp, Inc. | 54,338 | 806,919 | |
Berkshire Hills Bancorp, Inc. | 168,406 | 7,115,154 | |
Blue Hills Bancorp, Inc. | 127,338 | 2,928,774 | |
BOK Financial Corp. (a) | 111,501 | 11,434,428 | |
Boston Private Financial Holdings, Inc. | 388,534 | 5,614,316 | |
Bridge Bancorp, Inc. | 81,088 | 2,838,080 | |
Bridgewater Bancshares, Inc. (b) | 45,165 | 580,822 | |
Brookline Bancorp, Inc., Delaware | 361,471 | 6,560,699 | |
Bryn Mawr Bank Corp. | 89,371 | 4,361,305 | |
Byline Bancorp, Inc. (b) | 76,972 | 1,757,271 | |
C & F Financial Corp. | 11,195 | 697,449 | |
Cadence Bancorp Class A | 276,062 | 7,798,752 | |
Cambridge Bancorp | 17,006 | 1,522,547 | |
Camden National Corp. | 71,787 | 3,283,537 | |
Capital City Bank Group, Inc. | 61,468 | 1,507,195 | |
Capstar Financial Holdings, Inc. | 25,642 | 447,966 | |
Carolina Financial Corp. | 91,528 | 3,766,377 | |
Cathay General Bancorp | 339,787 | 14,372,990 | |
CB Financial Services, Inc. (a) | 33,968 | 1,090,373 | |
CBTX, Inc. | 16,626 | 608,013 | |
Centerstate Banks of Florida, Inc. | 278,067 | 8,514,412 | |
Central Pacific Financial Corp. | 134,564 | 3,812,198 | |
Central Valley Community Bancorp | 60,316 | 1,303,429 | |
Century Bancorp, Inc. Class A (non-vtg.) | 8,217 | 585,461 | |
Chemical Financial Corp. | 319,915 | 18,273,545 | |
Chemung Financial Corp. | 14,522 | 609,924 | |
CIT Group, Inc. | 525,384 | 28,496,828 | |
Citizens & Northern Corp. | 48,431 | 1,356,552 | |
Citizens First Corp. | 14,486 | 378,809 | |
Citizens Holding Co. | 12,415 | 287,407 | |
City Holding Co. | 74,480 | 6,038,838 | |
Civista Bancshares, Inc. (a) | 42,413 | 1,012,822 | |
CNB Financial Corp., Pennsylvania | 60,038 | 1,850,972 | |
CoBiz, Inc. | 216,423 | 4,988,550 | |
Codorus Valley Bancorp, Inc. | 34,290 | 1,072,934 | |
Colony Bankcorp, Inc. | 4,434 | 78,038 | |
Columbia Banking Systems, Inc. | 336,238 | 14,206,056 | |
Commerce Bancshares, Inc. | 422,734 | 30,039,478 | |
Community Bank System, Inc. (a) | 225,113 | 14,886,723 | |
Community Bankers Trust Corp. (b) | 168,702 | 1,526,753 | |
Community Financial Corp. | 16,416 | 546,653 | |
Community Trust Bancorp, Inc. | 82,616 | 4,081,230 | |
ConnectOne Bancorp, Inc. | 132,927 | 3,276,651 | |
County Bancorp, Inc. | 24,663 | 616,082 | |
Cullen/Frost Bankers, Inc. | 255,893 | 28,375,975 | |
Customers Bancorp, Inc. (b) | 131,371 | 3,244,864 | |
CVB Financial Corp. | 471,007 | 11,327,718 | |
DNB Financial Corp. | 4,859 | 166,421 | |
Eagle Bancorp, Inc. (b) | 144,638 | 7,788,756 | |
East West Bancorp, Inc. | 642,243 | 40,711,784 | |
Enterprise Bancorp, Inc. | 36,527 | 1,313,876 | |
Enterprise Financial Services Corp. | 103,876 | 5,848,219 | |
Equity Bancshares, Inc. (b) | 64,821 | 2,631,084 | |
Esquire Financial Holdings, Inc. (a)(b) | 7,939 | 206,414 | |
Evans Bancorp, Inc. | 16,919 | 804,498 | |
Farmers & Merchants Bancorp, Inc. (a) | 29,003 | 1,319,346 | |
Farmers National Banc Corp. | 107,921 | 1,710,548 | |
FCB Financial Holdings, Inc. Class A (b) | 213,886 | 11,079,295 | |
Fidelity Southern Corp. | 96,099 | 2,335,206 | |
Financial Institutions, Inc. | 66,751 | 2,156,057 | |
First Bancorp, North Carolina | 134,516 | 5,612,008 | |
First Bancorp, Puerto Rico (b) | 821,139 | 7,184,966 | |
First Bancshares, Inc. | 48,628 | 1,996,179 | |
First Bank Hamilton New Jersey | 68,067 | 973,358 | |
First Busey Corp. | 198,698 | 6,368,271 | |
First Business Finance Services, Inc. | 36,856 | 816,729 | |
First Choice Bancorp (a) | 26,121 | 709,185 | |
First Citizen Bancshares, Inc. | 39,289 | 18,662,668 | |
First Commonwealth Financial Corp. | 444,756 | 7,449,663 | |
First Community Bancshares, Inc. | 64,497 | 2,165,164 | |
First Community Corp. (a) | 49,271 | 1,239,166 | |
First Connecticut Bancorp, Inc. | 62,668 | 1,986,576 | |
First Financial Bancorp, Ohio | 444,152 | 13,946,373 | |
First Financial Bankshares, Inc. (a) | 303,995 | 18,361,298 | |
First Financial Corp., Indiana | 55,531 | 2,857,070 | |
First Financial Northwest, Inc. | 38,007 | 663,602 | |
First Foundation, Inc. (b) | 137,798 | 2,229,572 | |
First Hawaiian, Inc. | 403,144 | 11,687,145 | |
First Horizon National Corp. | 1,454,904 | 26,799,332 | |
First Internet Bancorp | 42,622 | 1,340,462 | |
First Interstate Bancsystem, Inc. | 104,698 | 4,863,222 | |
First Merchants Corp. | 197,615 | 9,509,234 | |
First Mid-Illinois Bancshares, Inc. | 51,627 | 2,121,353 | |
First Midwest Bancorp, Inc., Delaware | 462,514 | 12,571,131 | |
First Northwest Bancorp (b) | 28,933 | 484,338 | |
First of Long Island Corp. | 106,229 | 2,315,792 | |
First Republic Bank | 721,744 | 73,321,973 | |
First United Corp. | 27,604 | 556,221 | |
Flushing Financial Corp. | 126,268 | 3,272,867 | |
FNB Corp., Pennsylvania | 1,466,878 | 19,729,509 | |
Franklin Financial Network, Inc. (a)(b) | 54,781 | 2,117,286 | |
Fulton Financial Corp. | 779,979 | 14,195,618 | |
German American Bancorp, Inc. | 95,319 | 3,583,041 | |
Glacier Bancorp, Inc. | 352,249 | 16,090,734 | |
Glen Burnie Bancorp | 18,315 | 221,612 | |
Great Southern Bancorp, Inc. | 57,496 | 3,409,513 | |
Great Western Bancorp, Inc. (a) | 260,236 | 11,330,675 | |
Green Bancorp, Inc. | 126,947 | 3,046,728 | |
Guaranty Bancorp | 110,960 | 3,467,500 | |
Guaranty Bancshares, Inc. Texas | 6,765 | 212,759 | |
Hancock Whitney Corp. | 388,458 | 20,025,010 | |
Hanmi Financial Corp. | 147,184 | 3,841,502 | |
HarborOne Bancorp, Inc. (b) | 136,954 | 2,699,363 | |
Hawthorn Bancshares, Inc. | 49,185 | 1,089,448 | |
Heartland Financial U.S.A., Inc. | 130,065 | 7,907,952 | |
Heritage Commerce Corp. | 172,265 | 2,728,678 | |
Heritage Financial Corp., Washington (a) | 131,818 | 4,784,993 | |
Hilltop Holdings, Inc. | 338,017 | 7,013,853 | |
Home Bancshares, Inc. | 705,416 | 16,513,789 | |
HomeTrust Bancshares, Inc. (b) | 80,547 | 2,319,754 | |
Hope Bancorp, Inc. | 564,668 | 9,887,337 | |
Horizon Bancorp, Inc. Indiana | 200,748 | 4,101,282 | |
Howard Bancorp, Inc. (a)(b) | 36,401 | 635,197 | |
IBERIABANK Corp. | 253,284 | 21,947,059 | |
Independent Bank Corp. | 95,135 | 2,373,618 | |
Independent Bank Corp., Massachusetts | 127,226 | 11,590,289 | |
Independent Bank Group, Inc. | 87,192 | 6,038,046 | |
International Bancshares Corp. | 247,235 | 11,582,960 | |
Investar Holding Corp. | 28,595 | 784,933 | |
Investors Bancorp, Inc. | 1,113,616 | 14,254,285 | |
Lakeland Bancorp, Inc. (a) | 197,458 | 3,810,939 | |
Lakeland Financial Corp. | 116,671 | 5,748,380 | |
Landmark Bancorp, Inc. | 38 | 1,110 | |
LCNB Corp. | 59,345 | 1,103,817 | |
LegacyTexas Financial Group, Inc. (a) | 202,262 | 9,358,663 | |
Limestone Bancorp, Inc. (b) | 9,708 | 145,620 | |
Live Oak Bancshares, Inc. (a) | 115,461 | 3,492,695 | |
Luther Burbank Corp. | 63,696 | 726,134 | |
Macatawa Bank Corp. | 89,652 | 1,117,960 | |
Mackinac Financial Corp. | 17,916 | 292,927 | |
MB Financial, Inc. | 377,720 | 18,304,311 | |
MBT Financial Corp. | 67,956 | 744,118 | |
Mercantile Bank Corp. | 82,951 | 2,937,295 | |
Merchants Bancorp/IN | 42,920 | 1,120,641 | |
Metropolitan Bank Holding Corp. (b) | 17,103 | 705,328 | |
Mid Penn Bancorp, Inc. (a) | 27,731 | 844,409 | |
Middlefield Banc Corp. | 13,083 | 648,917 | |
Midland States Bancorp, Inc. | 78,477 | 2,701,963 | |
Midsouth Bancorp, Inc. | 58,151 | 892,618 | |
MidWestOne Financial Group, Inc. | 41,377 | 1,387,785 | |
MutualFirst Financial, Inc. | 16,173 | 614,574 | |
National Bank Holdings Corp. | 123,170 | 4,945,276 | |
National Bankshares, Inc. (a) | 27,074 | 1,245,404 | |
National Commerce Corp. (b) | 69,014 | 3,036,616 | |
NBT Bancorp, Inc. | 208,964 | 8,458,863 | |
Nicolet Bankshares, Inc. (b) | 29,160 | 1,614,298 | |
Northeast Bancorp | 46,227 | 1,007,749 | |
Northrim Bancorp, Inc. | 32,146 | 1,432,104 | |
Norwood Financial Corp. (a) | 25,663 | 1,007,016 | |
OFG Bancorp (a) | 203,042 | 3,289,280 | |
Ohio Valley Banc Corp. | 14,225 | 599,584 | |
Old Line Bancshares, Inc. | 52,434 | 1,793,243 | |
Old National Bancorp, Indiana | 594,313 | 12,064,554 | |
Old Point Financial Corp. | 8,443 | 224,584 | |
Old Second Bancorp, Inc. | 130,873 | 2,021,988 | |
OP Bancorp (a)(b) | 7,707 | 93,255 | |
Opus Bank | 81,168 | 2,301,113 | |
Origin Bancorp, Inc. | 20,678 | 837,873 | |
Orrstown Financial Services, Inc. | 28,330 | 737,997 | |
Pacific Mercantile Bancorp (b) | 74,732 | 754,793 | |
Pacific Premier Bancorp, Inc. (b) | 169,013 | 6,684,464 | |
PacWest Bancorp | 549,323 | 27,735,318 | |
Park National Corp. | 59,712 | 6,577,277 | |
Parke Bancorp, Inc. | 32,075 | 739,329 | |
Patriot National Bancorp, Inc. | 1,376 | 26,970 | |
PCSB Financial Corp. | 72,208 | 1,481,708 | |
Peapack-Gladstone Financial Corp. | 73,677 | 2,461,549 | |
Penns Woods Bancorp, Inc. | 18,583 | 841,438 | |
People's Utah Bancorp | 70,336 | 2,542,646 | |
Peoples Bancorp of North Carolina | 30,748 | 938,429 | |
Peoples Bancorp, Inc. | 89,194 | 3,198,497 | |
Peoples Financial Services Corp. | 27,751 | 1,275,991 | |
Pinnacle Financial Partners, Inc. | 333,513 | 21,528,264 | |
Popular, Inc. | 455,109 | 22,910,187 | |
Preferred Bank, Los Angeles (a) | 60,046 | 3,675,416 | |
Premier Financial Bancorp, Inc. | 39,763 | 775,379 | |
Prosperity Bancshares, Inc. | 314,411 | 23,530,519 | |
QCR Holdings, Inc. | 61,560 | 2,677,860 | |
Reliant Bancorp, Inc. (a) | 23,125 | 637,094 | |
Renasant Corp. | 191,243 | 8,929,136 | |
Republic Bancorp, Inc., Kentucky Class A | 37,884 | 1,841,541 | |
Republic First Bancorp, Inc. (a)(b) | 234,182 | 1,826,620 | |
S&T Bancorp, Inc. | 159,587 | 7,446,329 | |
Sandy Spring Bancorp, Inc. | 154,506 | 6,025,734 | |
SB Financial Group, Inc. | 8,937 | 179,634 | |
Sb One Bancorp | 28,331 | 787,602 | |
Seacoast Banking Corp., Florida (b) | 205,048 | 6,483,618 | |
Select Bancorp, Inc. New (b) | 96 | 1,230 | |
ServisFirst Bancshares, Inc. | 205,055 | 8,837,871 | |
Shore Bancshares, Inc. | 41,535 | 780,443 | |
Sierra Bancorp | 44,717 | 1,326,753 | |
Signature Bank | 238,397 | 27,592,069 | |
Simmons First National Corp. Class A | 354,645 | 11,206,782 | |
SmartFinancial, Inc. (b) | 30,919 | 759,989 | |
South State Corp. | 166,489 | 13,727,018 | |
Southern First Bancshares, Inc. (b) | 40,709 | 1,693,494 | |
Southern National Bancorp of Virginia, Inc. | 83,109 | 1,458,563 | |
Southside Bancshares, Inc. | 132,461 | 4,715,612 | |
Spirit of Texas Bancshares, Inc. (b) | 1,830 | 39,473 | |
State Bank Financial Corp. | 176,884 | 5,762,881 | |
Sterling Bancorp | 1,007,293 | 23,016,645 | |
Stock Yards Bancorp, Inc. | 112,644 | 4,359,323 | |
Summit Financial Group, Inc. | 28,203 | 710,716 | |
Synovus Financial Corp. | 526,811 | 26,372,159 | |
TCF Financial Corp. | 738,532 | 18,721,786 | |
Texas Capital Bancshares, Inc. (b) | 219,345 | 19,499,771 | |
The Bank of Princeton (a) | 25,818 | 849,412 | |
The First Bancorp, Inc. | 39,635 | 1,160,513 | |
Tompkins Financial Corp. | 55,799 | 4,903,058 | |
TowneBank | 295,598 | 9,636,495 | |
Trico Bancshares | 122,757 | 4,772,792 | |
TriState Capital Holdings, Inc. (b) | 111,590 | 3,319,803 | |
Triumph Bancorp, Inc. (b) | 104,153 | 4,421,295 | |
Trustmark Corp. | 304,379 | 10,799,367 | |
Two River Bancorp | 42,472 | 724,572 | |
UMB Financial Corp. | 202,353 | 15,225,040 | |
Umpqua Holdings Corp. | 991,855 | 21,225,697 | |
Union Bankshares Corp. | 248,597 | 10,341,635 | |
Union Bankshares, Inc. (a) | 25,753 | 1,352,033 | |
United Bancorp, Inc. | 40,892 | 541,819 | |
United Bankshares, Inc., West Virginia (a) | 469,143 | 18,484,234 | |
United Community Bank, Inc. | 326,619 | 9,909,620 | |
United Security Bancshares, Inc. | 8,386 | 93,504 | |
United Security Bancshares, California | 20,942 | 232,456 | |
Unity Bancorp, Inc. | 56,085 | 1,368,474 | |
Univest Corp. of Pennsylvania | 135,714 | 3,867,849 | |
Valley National Bancorp (a) | 1,177,250 | 14,185,863 | |
Veritex Holdings, Inc. (b) | 76,461 | 2,341,236 | |
Village Bank & Trust Financial Corp. (a)(b) | 8,718 | 294,233 | |
Washington Trust Bancorp, Inc. | 68,221 | 4,093,260 | |
Webster Financial Corp. (a) | 409,675 | 26,784,552 | |
WesBanco, Inc. | 250,914 | 12,382,606 | |
West Bancorp., Inc. | 61,749 | 1,491,238 | |
Westamerica Bancorp. (a) | 119,221 | 7,633,721 | |
Western Alliance Bancorp. (b) | 431,591 | 24,881,221 | |
Wintrust Financial Corp. | 243,506 | 21,562,456 | |
1,641,685,282 | |||
Capital Markets - 2.1% | |||
Arlington Asset Investment Corp. (a) | 118,586 | 1,206,020 | |
Artisan Partners Asset Management, Inc. | 224,170 | 7,431,236 | |
Ashford, Inc. (a) | 4,403 | 402,390 | |
Associated Capital Group, Inc. (a) | 20,279 | 758,435 | |
B. Riley Financial, Inc. | 76,339 | 1,748,163 | |
BGC Partners, Inc. Class A | 1,183,700 | 14,701,554 | |
Blucora, Inc. (b) | 208,857 | 7,560,623 | |
Cohen & Co., Inc. (a) | 1,650 | 16,022 | |
Cohen & Steers, Inc. (a) | 96,440 | 4,009,011 | |
Cowen Group, Inc. Class A (a)(b) | 132,552 | 2,014,790 | |
Diamond Hill Investment Group, Inc. | 14,496 | 2,704,809 | |
Eaton Vance Corp. (non-vtg.) | 521,796 | 27,514,303 | |
Evercore, Inc. Class A | 178,939 | 18,994,375 | |
FactSet Research Systems, Inc. | 171,927 | 39,438,335 | |
Federated Investors, Inc. Class B (non-vtg.) (a) | 423,700 | 9,812,892 | |
Gain Capital Holdings, Inc. | 113,781 | 838,566 | |
GAMCO Investors, Inc. Class A | 17,575 | 454,314 | |
Great Elm Capital Group, Inc. (b) | 109,690 | 340,039 | |
Greenhill & Co., Inc. | 109,667 | 3,015,843 | |
Hamilton Lane, Inc. Class A | 78,549 | 3,831,620 | |
Hennessy Advisors, Inc. (a) | 9,179 | 133,096 | |
Houlihan Lokey | 147,627 | 6,942,898 | |
iFresh, Inc. (a)(b) | 19,708 | 67,401 | |
Interactive Brokers Group, Inc. | 335,337 | 20,844,548 | |
INTL FCStone, Inc. (b) | 69,826 | 3,893,498 | |
Investment Technology Group, Inc. | 149,268 | 3,265,984 | |
Janus Henderson Group PLC (a) | 810,033 | 22,883,432 | |
Ladenburg Thalmann Financial Services, Inc. | 394,947 | 1,362,567 | |
Lazard Ltd. Class A | 579,675 | 27,905,555 | |
Legg Mason, Inc. | 373,124 | 11,641,469 | |
LPL Financial (a) | 395,983 | 26,229,914 | |
Manning & Napier, Inc. Class A | 53,255 | 154,440 | |
MarketAxess Holdings, Inc. | 167,397 | 31,775,299 | |
Medley Management, Inc. (a) | 32,101 | 168,530 | |
Moelis & Co. Class A | 193,809 | 11,250,612 | |
Morningstar, Inc. | 83,254 | 11,848,709 | |
National Holdings Corp. (b) | 3,418 | 11,109 | |
National Holdings Corp. warrants 1/18/22 (b) | 3,483 | 1,777 | |
Oppenheimer Holdings, Inc. Class A (non-vtg.) | 42,860 | 1,337,232 | |
Piper Jaffray Companies | 62,939 | 4,846,303 | |
PJT Partners, Inc. | 82,338 | 4,769,017 | |
Pzena Investment Management, Inc. | 56,939 | 517,006 | |
Safeguard Scientifics, Inc. (b) | 89,756 | 924,487 | |
SEI Investments Co. | 580,821 | 36,638,189 | |
Siebert Financial Corp. (a)(b) | 13,009 | 205,542 | |
Silvercrest Asset Management Group Class A | 17,563 | 278,374 | |
Stifel Financial Corp. | 324,377 | 18,122,943 | |
TD Ameritrade Holding Corp. | 1,213,022 | 71,046,699 | |
TheStreet.com, Inc. (b) | 83,675 | 174,881 | |
U.S. Global Investments, Inc. Class A (a) | 35,952 | 58,242 | |
Value Line, Inc. | 12,911 | 315,158 | |
Virtu Financial, Inc. Class A | 282,024 | 6,148,123 | |
Virtus Investment Partners, Inc. | 31,299 | 4,037,571 | |
Waddell & Reed Financial, Inc. Class A (a) | 361,200 | 7,231,224 | |
Westwood Holdings Group, Inc. | 46,301 | 2,663,697 | |
WisdomTree Investments, Inc. | 506,112 | 4,160,241 | |
490,649,107 | |||
Consumer Finance - 0.9% | |||
Ally Financial, Inc. | 1,901,935 | 51,124,013 | |
Asta Funding, Inc. (b) | 34,340 | 127,058 | |
Atlanticus Holdings Corp. (b) | 32,978 | 92,998 | |
Consumer Portfolio Services, Inc. (b) | 85,827 | 331,292 | |
Credit Acceptance Corp. (a)(b) | 57,193 | 26,120,615 | |
CURO Group Holdings Corp. (a)(b) | 42,226 | 1,303,094 | |
Elevate Credit, Inc. (b) | 76,316 | 714,318 | |
Encore Capital Group, Inc. (a)(b) | 113,833 | 4,411,029 | |
Enova International, Inc. (b) | 150,887 | 5,009,448 | |
EZCORP, Inc. (non-vtg.) Class A (a)(b) | 232,313 | 2,578,674 | |
First Cash Financial Services, Inc. | 202,051 | 16,426,746 | |
Green Dot Corp. Class A (b) | 210,618 | 18,043,644 | |
Imperial Holdings, Inc. warrants 4/11/19 (b) | 3,852 | 0 | |
LendingClub Corp. (a)(b) | 1,691,777 | 6,107,315 | |
Navient Corp. | 1,180,310 | 16,099,428 | |
Nelnet, Inc. Class A | 87,891 | 5,066,916 | |
Nicholas Financial, Inc. (b) | 72,274 | 850,665 | |
OneMain Holdings, Inc. (b) | 319,383 | 11,721,356 | |
PRA Group, Inc. (a)(b) | 207,395 | 7,580,287 | |
Regional Management Corp. (b) | 41,860 | 1,395,194 | |
Santander Consumer U.S.A. Holdings, Inc. | 509,138 | 10,987,198 | |
SLM Corp. (b) | 1,947,276 | 22,822,075 | |
World Acceptance Corp. (a)(b) | 27,296 | 3,237,579 | |
212,150,942 | |||
Diversified Financial Services - 0.4% | |||
A-Mark Precious Metals, Inc. | 15,255 | 203,349 | |
Acushnet Holdings Corp. | 183,086 | 4,952,476 | |
Alteryx, Inc. (a)(b) | 109,341 | 6,347,245 | |
AXA Equitable Holdings, Inc. (a) | 588,869 | 13,514,544 | |
Cannae Holdings, Inc. (b) | 299,169 | 5,815,845 | |
Columbia Financial, Inc. (a) | 229,910 | 3,892,376 | |
ConvergeOne Holdings, Inc. | 125,764 | 1,149,483 | |
Donnelley Financial Solutions, Inc. (b) | 154,248 | 3,222,241 | |
FB Financial Corp. | 77,781 | 3,420,808 | |
FGL Holdings Class A (a)(b) | 678,487 | 5,909,622 | |
Granite Point Mortgage Trust, Inc. | 201,912 | 3,864,596 | |
Marlin Business Services Corp. | 35,707 | 1,021,220 | |
On Deck Capital, Inc. (b) | 189,402 | 1,556,884 | |
Rafael Holdings, Inc. (b) | 43,941 | 413,924 | |
RBB Bancorp | 37,471 | 1,073,544 | |
Senseonics Holdings, Inc. (a)(b) | 390,673 | 1,593,946 | |
Victory Capital Holdings, Inc. (b) | 65,168 | 643,860 | |
Voya Financial, Inc. | 743,643 | 37,234,205 | |
95,830,168 | |||
Insurance - 3.6% | |||
1347 Property Insurance Holdings, Inc. (b) | 6,863 | 47,355 | |
Alleghany Corp. | 67,982 | 42,949,668 | |
AMBAC Financial Group, Inc. (b) | 196,852 | 4,159,483 | |
American Equity Investment Life Holding Co. | 401,573 | 14,894,343 | |
American Financial Group, Inc. | 304,286 | 33,885,289 | |
American National Insurance Co. | 40,865 | 5,244,614 | |
Amerisafe, Inc. | 86,713 | 5,532,289 | |
AmTrust Financial Services, Inc. (a) | 416,972 | 6,062,773 | |
Arch Capital Group Ltd. (b) | 1,816,867 | 55,541,624 | |
Argo Group International Holdings, Ltd. | 152,408 | 9,708,390 | |
Aspen Insurance Holdings Ltd. | 264,828 | 10,897,672 | |
Assured Guaranty Ltd. | 502,010 | 20,451,887 | |
Athene Holding Ltd. (b) | 563,806 | 27,998,606 | |
Atlas Financial Holdings, Inc. (b) | 41,883 | 429,301 | |
Axis Capital Holdings Ltd. | 370,482 | 21,310,125 | |
Blue Capital Reinsurance Holdings Ltd. | 23,495 | 237,300 | |
Brown & Brown, Inc. | 1,020,481 | 31,104,261 | |
Citizens, Inc. Class A (a)(b) | 181,405 | 1,523,802 | |
CNA Financial Corp. | 128,322 | 5,761,658 | |
CNO Financial Group, Inc. | 743,708 | 16,071,530 | |
Conifer Holdings, Inc. (b) | 13,147 | 80,854 | |
Crawford & Co. Class B | 85,249 | 743,371 | |
Donegal Group, Inc. Class A | 117,281 | 1,694,710 | |
eHealth, Inc. (b) | 76,766 | 2,240,800 | |
EMC Insurance Group | 31,595 | 811,360 | |
Employers Holdings, Inc. | 147,126 | 6,745,727 | |
Enstar Group Ltd. (b) | 51,989 | 11,099,652 | |
Erie Indemnity Co. Class A | 85,465 | 10,557,491 | |
FBL Financial Group, Inc. Class A | 44,226 | 3,597,785 | |
Fednat Holding Co. | 49,542 | 1,302,955 | |
First American Financial Corp. | 496,471 | 28,229,341 | |
FNF Group | 1,224,770 | 49,113,277 | |
Genworth Financial, Inc. Class A (b) | 2,226,324 | 10,352,407 | |
Global Indemnity Ltd. | 36,933 | 1,456,268 | |
Greenlight Capital Re, Ltd. (a)(b) | 126,769 | 1,628,982 | |
Hallmark Financial Services, Inc. (b) | 48,662 | 546,474 | |
Hanover Insurance Group, Inc. | 188,741 | 23,118,885 | |
HCI Group, Inc. | 35,392 | 1,433,376 | |
Health Insurance Innovations, Inc. (a)(b) | 55,710 | 2,947,059 | |
Heritage Insurance Holdings, Inc. | 104,451 | 1,530,207 | |
Horace Mann Educators Corp. | 186,342 | 8,627,635 | |
Independence Holding Co. (a) | 86,216 | 3,039,114 | |
Investors Title Co. | 5,700 | 1,105,800 | |
James River Group Holdings Ltd. | 133,863 | 5,481,690 | |
Kemper Corp. | 276,237 | 22,471,880 | |
Kingstone Companies, Inc. | 38,480 | 713,804 | |
Kinsale Capital Group, Inc. | 89,995 | 5,468,996 | |
Maiden Holdings Ltd. | 310,745 | 1,180,831 | |
Markel Corp. (b) | 61,956 | 74,892,413 | |
MBIA, Inc. (a)(b) | 409,386 | 4,204,394 | |
Mercury General Corp. | 166,147 | 8,955,323 | |
National General Holdings Corp. | 275,563 | 7,525,626 | |
National Western Life Group, Inc. | 10,543 | 3,436,491 | |
Navigators Group, Inc. | 102,238 | 7,156,660 | |
NI Holdings, Inc. (b) | 44,844 | 756,967 | |
Old Republic International Corp. | 1,111,127 | 24,644,797 | |
Primerica, Inc. | 195,571 | 23,908,555 | |
ProAssurance Corp. | 241,937 | 11,697,654 | |
Protective Insurance Corp. Class B | 41,959 | 986,037 | |
Reinsurance Group of America, Inc. | 284,201 | 40,598,113 | |
RenaissanceRe Holdings Ltd. | 178,743 | 23,765,669 | |
RLI Corp. | 173,289 | 13,338,054 | |
Safety Insurance Group, Inc. | 68,539 | 6,627,721 | |
Selective Insurance Group, Inc. | 263,903 | 16,942,573 | |
State Auto Financial Corp. | 70,543 | 2,214,345 | |
Stewart Information Services Corp. | 105,775 | 4,736,605 | |
Third Point Reinsurance Ltd. (b) | 377,614 | 5,060,028 | |
Tiptree, Inc. | 126,062 | 819,403 | |
Trupanion, Inc. (a)(b) | 95,617 | 3,651,613 | |
United Fire Group, Inc. | 96,136 | 4,761,616 | |
United Insurance Holdings Corp. | 88,954 | 1,852,912 | |
Universal Insurance Holdings, Inc. | 146,714 | 6,543,444 | |
W.R. Berkley Corp. | 422,643 | 33,076,041 | |
White Mountains Insurance Group Ltd. | 13,115 | 12,170,064 | |
865,455,819 | |||
Mortgage Real Estate Investment Trusts - 1.3% | |||
AG Mortgage Investment Trust, Inc. | 126,006 | 2,368,913 | |
AGNC Investment Corp. | 2,106,830 | 40,071,907 | |
American Capital Mortgage Investment Corp. | 216,830 | 4,249,868 | |
Annaly Capital Management, Inc. | 5,117,305 | 54,345,779 | |
Anworth Mortgage Asset Corp. | 512,999 | 2,503,435 | |
Apollo Commercial Real Estate Finance, Inc. | 489,115 | 9,503,504 | |
Arbor Realty Trust, Inc. (a) | 279,601 | 3,427,908 | |
Ares Commercial Real Estate Corp. | 137,967 | 2,017,078 | |
Armour Residential REIT, Inc. | 197,044 | 4,634,475 | |
Blackstone Mortgage Trust, Inc. (a) | 510,491 | 17,387,323 | |
Capstead Mortgage Corp. | 445,345 | 3,740,898 | |
Cherry Hill Mortgage Investment Corp. | 99,628 | 1,853,081 | |
Chimera Investment Corp. | 831,896 | 15,498,222 | |
Dynex Capital, Inc. | 297,409 | 1,906,392 | |
Ellington Residential Mortgage REIT | 39,894 | 471,547 | |
Exantas Capital Corp. | 143,640 | 1,702,134 | |
Great Ajax Corp. | 65,572 | 894,402 | |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. (a) | 241,543 | 5,207,667 | |
Hunt Companies Finance Trust I (a) | 76,218 | 273,623 | |
Invesco Mortgage Capital, Inc. | 513,234 | 8,329,788 | |
KKR Real Estate Finance Trust, Inc. (a) | 140,227 | 2,972,812 | |
Ladder Capital Corp. Class A | 446,979 | 7,764,025 | |
MFA Financial, Inc. | 2,003,665 | 15,348,074 | |
New Residential Investment Corp. | 1,477,565 | 27,438,382 | |
New York Mortgage Trust, Inc. (a) | 611,164 | 3,911,450 | |
Orchid Island Capital, Inc. (a) | 253,296 | 2,011,170 | |
Owens Realty Mortgage, Inc. (a) | 36,988 | 610,302 | |
PennyMac Mortgage Investment Trust | 273,176 | 5,458,056 | |
Redwood Trust, Inc. | 357,375 | 6,068,228 | |
Starwood Property Trust, Inc. | 1,150,852 | 25,353,270 | |
Two Harbors Investment Corp. | 1,104,179 | 17,247,276 | |
Western Asset Mortgage Capital Corp. | 187,651 | 2,088,556 | |
ZAIS Financial Corp. | 76,880 | 1,318,492 | |
297,978,037 | |||
Real Estate Management & Development - 0.0% | |||
The RMR Group, Inc. | 33,296 | 3,144,807 | |
Thrifts & Mortgage Finance - 1.1% | |||
BankFinancial Corp. | 74,436 | 1,187,254 | |
Beneficial Bancorp, Inc. | 350,460 | 6,168,096 | |
BofI Holding, Inc. (a)(b) | 242,587 | 9,033,940 | |
BSB Bancorp, Inc. (a)(b) | 29,275 | 974,858 | |
Capitol Federal Financial, Inc. | 645,033 | 8,520,886 | |
Charter Financial Corp. | 64,185 | 1,598,848 | |
Citizens Community Bancorp, Inc. | 15,344 | 216,350 | |
Coastway Bancorp, Inc. (b) | 8,700 | 241,425 | |
Dime Community Bancshares, Inc. | 149,800 | 2,718,870 | |
Elmira Savings Bank | 190 | 3,829 | |
Entegra Financial Corp. (b) | 76,530 | 2,104,575 | |
ESSA Bancorp, Inc. | 31,879 | 512,614 | |
Essent Group Ltd. (b) | 369,106 | 16,004,436 | |
Farmer Mac Class C (non-vtg.) | 44,824 | 3,454,586 | |
First Capital, Inc. | 12,741 | 509,640 | |
First Defiance Financial Corp. | 99,544 | 3,184,413 | |
Flagstar Bancorp, Inc. (b) | 129,103 | 4,266,854 | |
FS Bancorp, Inc. (a) | 14,770 | 861,534 | |
Greene County Bancorp, Inc. (a) | 1,994 | 69,690 | |
Hamilton Bancorp, Inc. (b) | 68 | 972 | |
Hingham Institution for Savings | 8,302 | 1,801,617 | |
HMN Financial, Inc. (b) | 3,799 | 78,639 | |
Home Bancorp, Inc. | 30,230 | 1,383,023 | |
Home Federal Bancorp, Inc. | 30 | 1,043 | |
HomeStreet, Inc. (b) | 119,715 | 3,525,607 | |
HopFed Bancorp, Inc. | 17,764 | 301,988 | |
Impac Mortgage Holdings, Inc. (a)(b) | 64,633 | 483,455 | |
Kearny Financial Corp. | 490,203 | 6,715,781 | |
Lendingtree, Inc. (a)(b) | 34,798 | 8,816,073 | |
Malvern Bancorp, Inc. (a)(b) | 62,881 | 1,546,873 | |
Meridian Bancorp, Inc. Maryland | 244,400 | 4,374,760 | |
Meta Financial Group, Inc. | 39,712 | 3,439,059 | |
MGIC Investment Corp. (b) | 1,661,841 | 21,138,618 | |
New York Community Bancorp, Inc. (a) | 2,167,553 | 23,344,546 | |
NMI Holdings, Inc. (b) | 265,572 | 5,736,355 | |
Northfield Bancorp, Inc. | 216,694 | 3,527,778 | |
Northwest Bancshares, Inc. (a) | 464,486 | 8,462,935 | |
OceanFirst Financial Corp. (a) | 180,565 | 5,272,498 | |
Ocwen Financial Corp. (b) | 477,081 | 1,994,199 | |
Oritani Financial Corp. | 186,116 | 3,015,079 | |
PB Bancorp, Inc. | 6,939 | 81,880 | |
PennyMac Financial Services, Inc. | 101,167 | 2,139,682 | |
PHH Corp. (b) | 162,986 | 1,768,398 | |
Poage Bankshares, Inc. | 8,102 | 213,488 | |
Provident Bancorp, Inc. (b) | 82,600 | 2,337,580 | |
Provident Financial Holdings, Inc. | 21,391 | 393,594 | |
Provident Financial Services, Inc. | 275,627 | 6,954,069 | |
Prudential Bancorp, Inc. | 80,795 | 1,485,012 | |
Radian Group, Inc. | 959,394 | 19,504,480 | |
Riverview Bancorp, Inc. | 143,960 | 1,418,006 | |
Security National Financial Corp. Class A | 39,889 | 209,417 | |
SI Financial Group, Inc. | 22,747 | 315,046 | |
Southern Missouri Bancorp, Inc. | 20,102 | 804,080 | |
Sterling Bancorp, Inc. | 111,108 | 1,361,073 | |
Territorial Bancorp, Inc. | 30,075 | 898,641 | |
TFS Financial Corp. | 274,017 | 4,230,822 | |
Timberland Bancorp, Inc. | 26,555 | 942,968 | |
Trustco Bank Corp., New York | 431,279 | 3,989,331 | |
United Community Bancorp, Inc. | 20,670 | 552,923 | |
United Community Financial Corp. | 246,363 | 2,549,857 | |
United Financial Bancorp, Inc. New | 234,466 | 4,166,461 | |
Walker & Dunlop, Inc. | 129,457 | 7,055,407 | |
Washington Federal, Inc. (a) | 375,596 | 12,807,824 | |
Waterstone Financial, Inc. | 131,102 | 2,215,624 | |
Westfield Financial, Inc. | 124,040 | 1,321,026 | |
WMI Holdings Corp. (a)(b) | 1,391,949 | 2,101,843 | |
WSFS Financial Corp. | 144,979 | 7,074,975 | |
255,487,103 | |||
TOTAL FINANCIALS | 3,862,381,265 | ||
HEALTH CARE - 12.7% | |||
Biotechnology - 5.0% | |||
Abeona Therapeutics, Inc. (a)(b) | 138,708 | 2,136,103 | |
ACADIA Pharmaceuticals, Inc. (a)(b) | 449,938 | 6,398,118 | |
Acceleron Pharma, Inc. (a)(b) | 170,677 | 9,219,972 | |
Achaogen, Inc. (a)(b) | 152,648 | 807,508 | |
Achillion Pharmaceuticals, Inc. (b) | 646,500 | 2,230,425 | |
Acorda Therapeutics, Inc. (b) | 209,696 | 6,039,245 | |
Actinium Pharmaceuticals, Inc. (a)(b) | 386,446 | 247,325 | |
Adamas Pharmaceuticals, Inc. (a)(b) | 96,033 | 2,211,640 | |
ADMA Biologics, Inc. (a)(b) | 105,827 | 676,235 | |
Aduro Biotech, Inc. (a)(b) | 168,694 | 1,248,336 | |
Advaxis, Inc. (b) | 192,048 | 278,470 | |
Adverum Biotechnologies, Inc. (b) | 186,902 | 1,420,455 | |
Aeglea BioTherapeutics, Inc. (b) | 60,822 | 664,784 | |
Aevi Genomic Medicine, Inc. (b) | 123,543 | 154,429 | |
Agenus, Inc. (a)(b) | 337,105 | 745,002 | |
Agios Pharmaceuticals, Inc. (a)(b) | 220,940 | 17,834,277 | |
Aimmune Therapeutics, Inc. (a)(b) | 176,727 | 4,932,451 | |
Akebia Therapeutics, Inc. (b) | 242,511 | 1,991,015 | |
Albireo Pharma, Inc. (a)(b) | 32,576 | 1,126,478 | |
Alder Biopharmaceuticals, Inc. (a)(b) | 263,439 | 4,768,246 | |
Aldeyra Therapeutics, Inc. (b) | 73,438 | 620,551 | |
Alkermes PLC (a)(b) | 690,938 | 30,981,660 | |
Allena Pharmaceuticals, Inc. (b) | 20,941 | 228,257 | |
Alnylam Pharmaceuticals, Inc. (b) | 373,747 | 45,847,544 | |
Alpine Immune Sciences, Inc. (b) | 17,610 | 118,339 | |
Altimmune, Inc. (a)(b) | 24,357 | 7,794 | |
AMAG Pharmaceuticals, Inc. (a)(b) | 149,565 | 3,649,386 | |
Amicus Therapeutics, Inc. (a)(b) | 840,227 | 11,326,260 | |
AmpliPhi Biosciences Corp. (a)(b) | 71,558 | 70,599 | |
AnaptysBio, Inc. (a)(b) | 65,853 | 5,837,210 | |
Anavex Life Sciences Corp. (a)(b) | 184,561 | 492,778 | |
Apellis Pharmaceuticals, Inc. (a)(b) | 158,023 | 3,059,325 | |
Applied Genetic Technologies Corp. (b) | 46,793 | 208,229 | |
Aptevo Therapeutics, Inc. (b) | 61,583 | 339,938 | |
AquaBounty Technologies, Inc. (b) | 3,886 | 11,503 | |
Aquinox Pharmaceuticals, Inc. (b) | 101,486 | 316,636 | |
ARCA Biopharma, Inc. (b) | 47,776 | 29,430 | |
Arcus Biosciences, Inc. (a) | 57,927 | 834,149 | |
Ardelyx, Inc. (b) | 222,415 | 956,385 | |
Arena Pharmaceuticals, Inc. (b) | 218,740 | 8,495,862 | |
ArQule, Inc. (b) | 437,492 | 2,900,572 | |
Array BioPharma, Inc. (a)(b) | 937,303 | 14,593,808 | |
Arrowhead Pharmaceuticals, Inc. (a)(b) | 396,371 | 5,850,436 | |
Arsanis, Inc. (b) | 19,229 | 44,034 | |
Asterias Biotherapeutics, Inc. (a)(b) | 100,621 | 155,963 | |
Atara Biotherapeutics, Inc. (a)(b) | 196,240 | 8,036,028 | |
Athersys, Inc. (a)(b) | 600,575 | 1,237,185 | |
aTyr Pharma, Inc. (a)(b) | 92,415 | 66,714 | |
Audentes Therapeutics, Inc. (b) | 122,722 | 4,467,081 | |
AVEO Pharmaceuticals, Inc. (a)(b) | 432,567 | 1,293,375 | |
Avid Bioservices, Inc. (a)(b) | 225,155 | 1,648,135 | |
Bellicum Pharmaceuticals, Inc. (a)(b) | 198,381 | 1,434,295 | |
Biocept, Inc. (b) | 5,126 | 18,044 | |
BioCryst Pharmaceuticals, Inc. (a)(b) | 482,017 | 3,451,242 | |
Biohaven Pharmaceutical Holding Co. Ltd. (a)(b) | 122,164 | 4,625,129 | |
BioMarin Pharmaceutical, Inc. (b) | 793,133 | 79,297,437 | |
Biospecifics Technologies Corp. (b) | 19,687 | 1,056,011 | |
BioTime, Inc. (a)(b) | 561,266 | 1,543,482 | |
bluebird bio, Inc. (a)(b) | 238,471 | 40,134,669 | |
Blueprint Medicines Corp. (a)(b) | 174,790 | 13,401,149 | |
BrainStorm Cell Therpeutic, Inc. (a)(b) | 59,499 | 235,616 | |
Calithera Biosciences, Inc. (b) | 113,033 | 616,030 | |
Calyxt, Inc. (a)(b) | 37,842 | 640,665 | |
Cancer Genetics, Inc. (a)(b) | 66,933 | 60,601 | |
Capricor Therapeutics, Inc. (a)(b) | 73,472 | 88,901 | |
Cara Therapeutics, Inc. (a)(b) | 152,691 | 3,079,777 | |
CareDx, Inc. (b) | 141,215 | 3,432,937 | |
CASI Pharmaceuticals, Inc. (a)(b) | 205,257 | 1,426,536 | |
Catabasis Pharmaceuticals, Inc. (b) | 285,082 | 202,408 | |
Catalyst Biosciences, Inc. (a)(b) | 55,172 | 603,030 | |
Catalyst Pharmaceutical Partners, Inc. (b) | 396,208 | 1,335,221 | |
Cel-Sci Corp. (a)(b) | 58,284 | 156,201 | |
Celcuity, Inc. (b) | 11,425 | 282,426 | |
Celldex Therapeutics, Inc. (b) | 554,944 | 278,582 | |
Cellectar Biosciences, Inc. (a)(b) | 7,104 | 21,383 | |
Cellular Biomedicine Group, Inc. (a)(b) | 45,744 | 972,060 | |
Celsion Corp. (a)(b) | 28,275 | 80,584 | |
ChemoCentryx, Inc. (b) | 94,481 | 1,245,260 | |
Chimerix, Inc. (b) | 178,291 | 711,381 | |
Cidara Therapeutics, Inc. (a)(b) | 38,035 | 161,649 | |
Cleveland Biolabs, Inc. (a)(b) | 9,814 | 18,745 | |
Clovis Oncology, Inc. (a)(b) | 234,766 | 8,392,885 | |
Co.-Diagnostics, Inc. (a)(b) | 39,607 | 125,950 | |
CohBar, Inc. (a)(b) | 98,160 | 514,358 | |
Coherus BioSciences, Inc. (a)(b) | 233,520 | 4,705,428 | |
Conatus Pharmaceuticals, Inc. (a)(b) | 120,590 | 676,510 | |
Concert Pharmaceuticals, Inc. (b) | 67,764 | 1,068,638 | |
ContraFect Corp. (a)(b) | 293,502 | 645,704 | |
Corbus Pharmaceuticals Holdings, Inc. (a)(b) | 207,882 | 1,216,110 | |
Corvus Pharmaceuticals, Inc. (a)(b) | 43,398 | 475,642 | |
CTI BioPharma Corp. (a)(b) | 232,172 | 436,483 | |
Cue Biopharma, Inc. (a)(b) | 42,006 | 404,098 | |
Curis, Inc. (a)(b) | 112,824 | 191,801 | |
Cyclacel Pharmaceuticals, Inc. (a)(b) | 17,418 | 26,650 | |
Cytokinetics, Inc. (b) | 220,477 | 1,741,768 | |
CytomX Therapeutics, Inc. (b) | 196,032 | 4,408,760 | |
Cytori Therapeutics, Inc. (a)(b) | 15,265 | 7,968 | |
CytRx Corp. (a)(b) | 103,666 | 117,143 | |
Deciphera Pharmaceuticals, Inc. (a)(b) | 63,419 | 2,345,869 | |
Denali Therapeutics, Inc. (a)(b) | 74,724 | 1,466,832 | |
Dicerna Pharmaceuticals, Inc. (a)(b) | 107,979 | 1,711,467 | |
Dyax Corp. rights 12/31/19 (b)(d) | 559,523 | 2,238,092 | |
Dynavax Technologies Corp. (a)(b) | 248,617 | 3,443,345 | |
Eagle Pharmaceuticals, Inc. (a)(b) | 39,285 | 2,715,772 | |
Edge Therapeutics, Inc. (a)(b) | 89,666 | 79,803 | |
Editas Medicine, Inc. (a)(b) | 174,862 | 5,740,719 | |
Eiger Biopharmaceuticals, Inc. (b) | 52,179 | 673,109 | |
Emergent BioSolutions, Inc. (b) | 166,223 | 10,305,826 | |
Enanta Pharmaceuticals, Inc. (b) | 64,885 | 5,899,993 | |
Epizyme, Inc. (a)(b) | 226,118 | 2,668,192 | |
Esperion Therapeutics, Inc. (a)(b) | 90,914 | 4,499,334 | |
Evelo Biosciences, Inc. (a) | 35,269 | 475,073 | |
Exact Sciences Corp. (a)(b) | 546,870 | 40,955,094 | |
Exelixis, Inc. (b) | 1,258,987 | 23,656,366 | |
Fate Therapeutics, Inc. (a)(b) | 189,571 | 2,443,570 | |
Fibrocell Science, Inc. (a)(b) | 8,213 | 16,262 | |
FibroGen, Inc. (b) | 347,043 | 21,221,679 | |
Five Prime Therapeutics, Inc. (b) | 153,119 | 2,143,666 | |
Flexion Therapeutics, Inc. (a)(b) | 163,082 | 3,734,578 | |
Fortress Biotech, Inc. (a)(b) | 157,432 | 310,141 | |
Galectin Therapeutics, Inc. (a)(b) | 127,369 | 824,077 | |
Genocea Biosciences, Inc. (a)(b) | 154,944 | 99,164 | |
Genomic Health, Inc. (b) | 91,036 | 5,568,672 | |
GenVec, Inc. rights (b)(d) | 14,247 | 0 | |
Geron Corp. (a)(b) | 820,267 | 4,700,130 | |
Global Blood Therapeutics, Inc. (a)(b) | 219,712 | 10,754,902 | |
GlycoMimetics, Inc. (a)(b) | 156,095 | 2,297,718 | |
GTx, Inc. (a)(b) | 47,337 | 1,132,301 | |
Halozyme Therapeutics, Inc. (a)(b) | 607,669 | 11,187,186 | |
Heat Biologics, Inc. (a)(b) | 93,985 | 193,609 | |
Hemispherx Biopharma, Inc. (b) | 62,748 | 17,256 | |
Heron Therapeutics, Inc. (a)(b) | 305,511 | 11,777,449 | |
Histogenics Corp. (b) | 265 | 774 | |
Homology Medicines, Inc. (a)(b) | 54,605 | 909,173 | |
iBio, Inc. (a)(b) | 29,669 | 24,622 | |
Idera Pharmaceuticals, Inc. (a)(b) | 101,043 | 1,056,910 | |
Immucell Corp. (b) | 6,616 | 46,114 | |
Immune Design Corp. (b) | 134,903 | 512,631 | |
ImmunoCellular Therapeutics Ltd. (a)(b) | 6,221 | 1,462 | |
ImmunoGen, Inc. (a)(b) | 646,693 | 6,589,802 | |
Immunomedics, Inc. (a)(b) | 716,398 | 19,170,810 | |
Infinity Pharmaceuticals, Inc. (a)(b) | 232,096 | 524,537 | |
Inovio Pharmaceuticals, Inc. (a)(b) | 363,067 | 1,909,732 | |
Insmed, Inc. (a)(b) | 348,393 | 6,943,472 | |
Insys Therapeutics, Inc. (a)(b) | 115,834 | 1,083,048 | |
Intellia Therapeutics, Inc. (a)(b) | 92,693 | 2,866,994 | |
Intercept Pharmaceuticals, Inc. (a)(b) | 93,873 | 10,495,001 | |
Intrexon Corp. (a)(b) | 304,593 | 4,684,640 | |
Invitae Corp. (b) | 272,475 | 4,035,355 | |
Ionis Pharmaceuticals, Inc. (a)(b) | 613,176 | 28,016,011 | |
Iovance Biotherapeutics, Inc. (a)(b) | 379,967 | 6,725,416 | |
Ironwood Pharmaceuticals, Inc. Class A (a)(b) | 630,148 | 12,124,048 | |
IsoRay, Inc. (a)(b) | 208,785 | 106,794 | |
ITUS Corp. (a)(b) | 61,216 | 233,233 | |
Jounce Therapeutics, Inc. (a)(b) | 33,980 | 266,743 | |
Kadmon Holdings, Inc. (a)(b) | 480,225 | 2,069,770 | |
Kalvista Pharmaceuticals, Inc. (b) | 32,020 | 544,340 | |
Karyopharm Therapeutics, Inc. (b) | 238,564 | 5,021,772 | |
Keryx Biopharmaceuticals, Inc. (a)(b) | 458,907 | 1,564,873 | |
Kindred Biosciences, Inc. (b) | 131,750 | 1,963,075 | |
Krystal Biotech, Inc. (a) | 32,537 | 533,932 | |
Kura Oncology, Inc. (a)(b) | 131,794 | 2,701,777 | |
La Jolla Pharmaceutical Co. (a)(b) | 94,167 | 2,169,608 | |
Leap Therapeutics, Inc. (b) | 26,958 | 198,680 | |
Lexicon Pharmaceuticals, Inc. (a)(b) | 224,291 | 2,595,047 | |
Ligand Pharmaceuticals, Inc.: | |||
Class B (a)(b) | 94,939 | 24,654,709 | |
General CVR (b) | 26,087 | 261 | |
Glucagon CVR | 26,087 | 1,696 | |
rights (b) | 26,087 | 170 | |
TR Beta CVR (b) | 26,087 | 1,826 | |
Loxo Oncology, Inc. (a)(b) | 97,178 | 16,421,138 | |
Macrogenics, Inc. (a)(b) | 172,681 | 3,776,533 | |
Madrigal Pharmaceuticals, Inc. (a)(b) | 36,749 | 8,790,728 | |
MannKind Corp. (a)(b) | 637,070 | 700,777 | |
Matinas BioPharma Holdings, Inc. (a)(b) | 308,906 | 142,097 | |
MediciNova, Inc. (a)(b) | 166,326 | 2,024,187 | |
MEI Pharma, Inc. (a)(b) | 153,139 | 640,121 | |
Menlo Therapeutics, Inc. (b) | 35,234 | 270,597 | |
Merrimack Pharmaceuticals, Inc. (a)(b) | 57,524 | 340,542 | |
MiMedx Group, Inc. (a)(b) | 445,924 | 2,363,397 | |
Minerva Neurosciences, Inc. (b) | 136,049 | 1,414,910 | |
Miragen Therapeutics, Inc. (a)(b) | 80,669 | 500,954 | |
Mirati Therapeutics, Inc. (a)(b) | 143,058 | 8,089,930 | |
Molecular Templates, Inc. (b) | 22,628 | 130,337 | |
Moleculin Biotech, Inc. (a)(b) | 87,362 | 150,263 | |
Momenta Pharmaceuticals, Inc. (b) | 353,619 | 9,370,904 | |
Myriad Genetics, Inc. (b) | 312,663 | 15,567,491 | |
NanoViricides, Inc. (b) | 140,703 | 59,109 | |
NantKwest, Inc. (a)(b) | 114,076 | 386,718 | |
Natera, Inc. (b) | 156,470 | 4,324,831 | |
Navidea Biopharmaceuticals, Inc. (a)(b) | 561,053 | 98,689 | |
Neuralstem, Inc. (a)(b) | 66,443 | 81,060 | |
Neurocrine Biosciences, Inc. (b) | 400,230 | 49,208,279 | |
NewLink Genetics Corp. (b) | 118,072 | 366,023 | |
Novavax, Inc. (a)(b) | 1,702,293 | 2,655,577 | |
Ohr Pharmaceutical, Inc. (a)(b) | 231,472 | 45,137 | |
OncoCyte Corp. (a)(b) | 11,421 | 29,124 | |
OncoGenex Pharmaceuticals, Inc. (b) | 799 | 2,405 | |
OncoMed Pharmaceuticals, Inc. (b) | 78,284 | 180,053 | |
OncoSec Medical, Inc. (a)(b) | 149,613 | 224,420 | |
OpGen, Inc. (b) | 1,613 | 3,097 | |
Ophthotech Corp. (b) | 121,119 | 310,065 | |
Opiant Pharmaceuticals, Inc. (a)(b) | 3,155 | 69,189 | |
Opko Health, Inc. (a)(b) | 1,616,468 | 9,569,491 | |
Oragenics, Inc. (b) | 7,849 | 3,375 | |
Organovo Holdings, Inc. (a)(b) | 464,074 | 598,655 | |
OvaScience, Inc. (b) | 151,945 | 117,605 | |
Ovid Therapeutics, Inc. (b) | 16,440 | 109,655 | |
Palatin Technologies, Inc. (a)(b) | 709,453 | 716,548 | |
PDL BioPharma, Inc. (a)(b) | 684,620 | 1,656,780 | |
Pfenex, Inc. (b) | 111,342 | 587,886 | |
Polarityte, Inc. (a)(b) | 71,416 | 2,041,069 | |
Portola Pharmaceuticals, Inc. (a)(b) | 293,563 | 8,762,856 | |
Progenics Pharmaceuticals, Inc. (a)(b) | 361,673 | 2,831,900 | |
Protagonist Therapeutics, Inc. (b) | 53,121 | 511,555 | |
Proteon Therapeutics, Inc. (b) | 23,825 | 55,989 | |
Proteostasis Therapeutics, Inc. (a)(b) | 107,211 | 288,398 | |
Prothena Corp. PLC (a)(b) | 192,123 | 2,924,112 | |
PTC Therapeutics, Inc. (a)(b) | 172,704 | 7,208,665 | |
Puma Biotechnology, Inc. (a)(b) | 134,984 | 5,932,547 | |
Ra Pharmaceuticals, Inc. (a)(b) | 57,597 | 702,683 | |
Radius Health, Inc. (a)(b) | 179,153 | 3,685,177 | |
Recro Pharma, Inc. (b) | 58,289 | 371,884 | |
REGENXBIO, Inc. (a)(b) | 129,968 | 9,156,246 | |
Regulus Therapeutics, Inc. (a)(b) | 361,993 | 83,874 | |
Repligen Corp. (a)(b) | 167,201 | 9,175,991 | |
Retrophin, Inc. (a)(b) | 186,923 | 5,923,590 | |
Rexahn Pharmaceuticals, Inc. (a)(b) | 101,860 | 175,199 | |
Rigel Pharmaceuticals, Inc. (a)(b) | 708,488 | 2,415,944 | |
Riot Blockchain, Inc. (a) | 57,276 | 360,839 | |
Rocket Pharmaceuticals, Inc. (a)(b) | 49,868 | 1,189,352 | |
RXi Pharmaceuticals Corp. (a)(b) | 9,023 | 13,986 | |
Sage Therapeutics, Inc. (a)(b) | 207,325 | 34,055,205 | |
Sangamo Therapeutics, Inc. (a)(b) | 457,613 | 8,351,437 | |
Sarepta Therapeutics, Inc. (a)(b) | 274,157 | 37,844,632 | |
Savara, Inc. (a)(b) | 124,425 | 1,463,238 | |
Seattle Genetics, Inc. (a)(b) | 473,081 | 36,313,698 | |
Selecta Biosciences, Inc. (a)(b) | 39,918 | 541,288 | |
Sellas Life Sciences Group, Inc. (b) | 1,077 | 1,163 | |
Seres Therapeutics, Inc. (a)(b) | 90,896 | 798,067 | |
Sesen Bio, Inc. (a)(b) | 280,517 | 628,358 | |
Sienna Biopharmaceuticals, Inc. (a)(b) | 20,545 | 342,280 | |
Soleno Therapeutics, Inc. (b) | 28,496 | 59,842 | |
Solid Biosciences, Inc. (b) | 36,076 | 1,539,363 | |
Soligenix, Inc. (b) | 19,921 | 31,674 | |
Sophiris Bio, Inc. (a)(b) | 132,978 | 426,859 | |
Sorrento Therapeutics, Inc. (a)(b) | 409,610 | 2,273,336 | |
Spark Therapeutics, Inc. (a)(b) | 139,714 | 8,607,780 | |
Spectrum Pharmaceuticals, Inc. (a)(b) | 417,957 | 8,998,614 | |
Spring Bank Pharmaceuticals, Inc. (a)(b) | 54,942 | 779,627 | |
Stemline Therapeutics, Inc. (b) | 120,107 | 2,053,830 | |
Sunesis Pharmaceuticals, Inc. (a)(b) | 108,923 | 237,452 | |
Surface Oncology, Inc. | 45,281 | 439,226 | |
Syndax Pharmaceuticals, Inc. (a)(b) | 83,036 | 644,359 | |
Synergy Pharmaceuticals, Inc. (a)(b) | 1,146,147 | 2,234,987 | |
Synlogic, Inc. (b) | 56,306 | 595,717 | |
Synthetic Biologics, Inc. (a)(b) | 14,928 | 42,843 | |
Syros Pharmaceuticals, Inc. (a)(b) | 91,940 | 1,129,943 | |
T2 Biosystems, Inc. (a)(b) | 160,347 | 1,047,066 | |
Tapimmune, Inc. (a)(b) | 30,101 | 259,471 | |
Tenax Therapeutics, Inc. (a)(b) | 1,474 | 7,915 | |
TESARO, Inc. (a)(b) | 169,250 | 5,492,163 | |
TG Therapeutics, Inc. (a)(b) | 289,019 | 3,670,541 | |
Tocagen, Inc. (a)(b) | 41,610 | 405,698 | |
TONIX Pharmaceuticals Holding (a)(b) | 36,311 | 38,853 | |
TRACON Pharmaceuticals, Inc. (a)(b) | 24,172 | 50,761 | |
Trevena, Inc. (a)(b) | 209,516 | 377,129 | |
Trovagene, Inc. (a)(b) | 94,868 | 77,792 | |
Ultragenyx Pharmaceutical, Inc. (b) | 210,309 | 17,819,482 | |
United Therapeutics Corp. (b) | 193,566 | 23,806,682 | |
UNITY Biotechnology, Inc. (a) | 35,335 | 673,485 | |
Unum Therapeutics, Inc. (a) | 43,783 | 714,101 | |
Vanda Pharmaceuticals, Inc. (a)(b) | 237,727 | 4,594,074 | |
Vaxart, Inc. (a)(b) | 10,186 | 31,067 | |
VBI Vaccines, Inc. (a)(b) | 125,821 | 256,675 | |
Veracyte, Inc. (b) | 136,189 | 1,721,429 | |
Verastem, Inc. (a)(b) | 304,264 | 3,030,469 | |
Vericel Corp. (a)(b) | 198,807 | 2,425,445 | |
Versartis, Inc. (b) | 105,167 | 189,301 | |
Vical, Inc. (b) | 103,172 | 143,409 | |
Viking Therapeutics, Inc. (a)(b) | 200,886 | 2,625,580 | |
VistaGen Therapeutics, Inc. (a)(b) | 112,246 | 165,002 | |
Vital Therapies, Inc. (a)(b) | 157,838 | 1,270,596 | |
Voyager Therapeutics, Inc. (a)(b) | 89,973 | 1,956,013 | |
vTv Therapeutics, Inc. Class A (a)(b) | 24,729 | 26,955 | |
Xbiotech, Inc. (a)(b) | 78,189 | 315,884 | |
Xencor, Inc. (b) | 212,727 | 8,889,861 | |
XOMA Corp. (a)(b) | 33,247 | 622,716 | |
Yield10 Bioscience, Inc. (a)(b) | 52,777 | 84,443 | |
Zafgen, Inc. (b) | 145,426 | 1,384,456 | |
ZIOPHARM Oncology, Inc. (a)(b) | 608,600 | 1,777,112 | |
1,186,566,108 | |||
Health Care Equipment & Supplies - 3.1% | |||
Accuray, Inc. (a)(b) | 379,197 | 1,516,788 | |
Aethlon Medical, Inc. (a)(b) | 20,423 | 19,812 | |
Akers Biosciences, Inc. (a)(b) | 303,422 | 82,925 | |
Allied Healthcare Products, Inc. (b) | 2,431 | 5,810 | |
Alliqua Biomedical, Inc. (a)(b) | 6,256 | 16,140 | |
Alphatec Holdings, Inc. (a)(b) | 43,263 | 151,853 | |
Amedica Corp. (a)(b) | 3,678 | 1,632 | |
Angiodynamics, Inc. (b) | 179,016 | 4,013,539 | |
Anika Therapeutics, Inc. (a)(b) | 69,668 | 2,883,559 | |
Antares Pharma, Inc. (a)(b) | 640,521 | 2,267,444 | |
Apollo Endosurgery, Inc. (b) | 58,883 | 442,211 | |
Atossa Genetics, Inc. (a)(b) | 13,690 | 29,297 | |
Atricure, Inc. (a)(b) | 145,962 | 5,042,987 | |
Atrion Corp. | 7,171 | 4,697,364 | |
Avanos Medical, Inc. (b) | 210,060 | 15,145,326 | |
Avinger, Inc. (a)(b) | 1,594 | 2,503 | |
AxoGen, Inc. (a)(b) | 146,805 | 6,437,399 | |
Bellerophon Therapeutics, Inc. (a)(b) | 107,908 | 93,340 | |
BioLase Technology, Inc. (a)(b) | 27,940 | 49,454 | |
BioLife Solutions, Inc. (b) | 43,637 | 1,045,543 | |
Bovie Medical Corp. (b) | 91,156 | 486,773 | |
Cantel Medical Corp. | 159,351 | 15,457,047 | |
Cardiovascular Systems, Inc. (b) | 152,396 | 5,871,818 | |
CAS Medical Systems, Inc. (b) | 18,121 | 40,591 | |
Cerus Corp. (b) | 605,964 | 4,714,400 | |
Cesca Therapeutics, Inc. (b) | 11,978 | 5,163 | |
Chembio Diagnostics, Inc. (b) | 40,753 | 425,869 | |
Chf Solutions, Inc. (b) | 66 | 81 | |
ConforMis, Inc. (b) | 154,155 | 188,069 | |
CONMED Corp. | 110,337 | 8,874,405 | |
Corindus Vascular Robotics, Inc. (a)(b) | 389,590 | 424,653 | |
Cryolife, Inc. (b) | 148,998 | 5,170,231 | |
CryoPort, Inc. (a)(b) | 134,188 | 1,905,470 | |
Cutera, Inc. (b) | 60,216 | 2,047,344 | |
CytoSorbents Corp. (a)(b) | 116,213 | 1,702,520 | |
Dare Bioscience, Inc. (a)(b) | 40,212 | 44,233 | |
DexCom, Inc. (a)(b) | 394,667 | 56,982,021 | |
Dynatronics Corp. (b) | 3,361 | 9,747 | |
Ekso Bionics Holdings, Inc. (a)(b) | 222,191 | 595,472 | |
Electromed, Inc. (b) | 18,140 | 84,532 | |
Endologix, Inc. (b) | 360,376 | 828,865 | |
Fonar Corp. (b) | 28,130 | 737,006 | |
Genmark Diagnostics, Inc. (a)(b) | 249,750 | 2,137,860 | |
Glaukos Corp. (a)(b) | 141,736 | 9,690,490 | |
Globus Medical, Inc. (b) | 328,482 | 17,498,236 | |
Haemonetics Corp. (b) | 231,876 | 25,886,637 | |
Helius Medical Technologies, Inc. (U.S.) (a)(b) | 53,227 | 533,335 | |
Heska Corp. (a)(b) | 29,651 | 3,172,657 | |
Hill-Rom Holdings, Inc. | 298,179 | 29,003,871 | |
ICU Medical, Inc. (b) | 67,431 | 20,633,886 | |
Inogen, Inc. (b) | 78,078 | 20,683,643 | |
Inspire Medical Systems, Inc. (a) | 37,822 | 2,079,832 | |
Insulet Corp. (a)(b) | 262,554 | 27,376,506 | |
Integer Holdings Corp. (b) | 129,758 | 10,367,664 | |
Integra LifeSciences Holdings Corp. (a)(b) | 317,530 | 18,883,509 | |
IntriCon Corp. (a)(b) | 31,823 | 2,351,720 | |
Invacare Corp. (a) | 149,686 | 2,275,227 | |
InVivo Therapeutics Holdings Corp. (b) | 4,799 | 9,358 | |
Invuity, Inc. (a)(b) | 46,008 | 213,937 | |
IRadimed Corp. (a)(b) | 21,182 | 582,505 | |
iRhythm Technologies, Inc. (b) | 87,777 | 8,171,161 | |
Iridex Corp. (b) | 27,462 | 249,904 | |
K2M Group Holdings, Inc. (b) | 182,975 | 5,002,537 | |
Kewaunee Scientific Corp. | 5,153 | 164,638 | |
Lantheus Holdings, Inc. (b) | 142,650 | 2,296,665 | |
LeMaitre Vascular, Inc. | 71,030 | 2,664,335 | |
LivaNova PLC (b) | 193,977 | 24,353,812 | |
Masimo Corp. (b) | 211,353 | 24,916,405 | |
Meridian Bioscience, Inc. | 197,861 | 3,106,418 | |
Merit Medical Systems, Inc. (b) | 239,902 | 14,118,233 | |
Microbot Medical, Inc. (b) | 28,379 | 16,460 | |
Milestone Scientific, Inc. (a)(b) | 44,568 | 32,980 | |
Misonix, Inc. (b) | 18,022 | 344,220 | |
Myomo, Inc. (a)(b) | 36,622 | 75,075 | |
Natus Medical, Inc. (b) | 147,875 | 5,515,738 | |
Neogen Corp. (b) | 235,570 | 22,011,661 | |
NeuroMetrix, Inc. (b) | 805 | 1,038 | |
Nevro Corp. (a)(b) | 127,234 | 8,578,116 | |
NuVasive, Inc. (a)(b) | 234,091 | 16,430,847 | |
Nuvectra Corp. (b) | 50,524 | 1,179,230 | |
NxStage Medical, Inc. (b) | 302,519 | 8,573,388 | |
OraSure Technologies, Inc. (b) | 268,651 | 4,301,103 | |
Orthofix International NV (b) | 90,532 | 4,848,894 | |
OrthoPediatrics Corp. (a) | 19,771 | 688,426 | |
PAVmed, Inc. (b) | 69,158 | 89,905 | |
Penumbra, Inc. (a)(b) | 134,854 | 18,724,478 | |
Precision Therapeutics, Inc. (a)(b) | 27,222 | 30,761 | |
Presbia PLC (a)(b) | 14,622 | 26,173 | |
Pulse Biosciences, Inc. (a)(b) | 23,281 | 334,315 | |
Quanterix Corp. (a)(b) | 34,253 | 573,053 | |
Quidel Corp. (b) | 145,364 | 11,175,584 | |
ReShape Lifesciences, Inc. (a)(b) | 876 | 58 | |
Restoration Robotics, Inc. (b) | 9,924 | 24,314 | |
Retractable Technologies, Inc. (b) | 35,837 | 25,878 | |
Rockwell Medical Technologies, Inc. (a)(b) | 199,001 | 977,095 | |
RTI Biologics, Inc. (b) | 246,244 | 1,101,942 | |
Seaspine Holdings Corp. (b) | 40,548 | 624,439 | |
Second Sight Medical Products, Inc. (a)(b) | 109,272 | 184,670 | |
Sientra, Inc. (a)(b) | 101,623 | 2,552,770 | |
Staar Surgical Co. (a)(b) | 122,144 | 5,826,269 | |
Steris PLC | 378,638 | 43,323,760 | |
STRATA Skin Sciences, Inc. (b) | 1,407 | 3,757 | |
SurModics, Inc. (b) | 60,522 | 4,766,108 | |
Synergetics U.S.A., Inc. (b)(d) | 76,412 | 1 | |
Tactile Systems Technology, Inc. (a)(b) | 65,831 | 4,454,784 | |
Tandem Diabetes Care, Inc. (a)(b) | 253,265 | 11,571,678 | |
Teleflex, Inc. | 203,401 | 50,327,509 | |
TransEnterix, Inc. (a)(b) | 517,481 | 3,001,390 | |
Utah Medical Products, Inc. | 15,403 | 1,399,363 | |
Varex Imaging Corp. (a)(b) | 165,871 | 5,208,349 | |
Vermillion, Inc. (b) | 167,591 | 105,582 | |
ViewRay, Inc. (a)(b) | 244,937 | 2,468,965 | |
Viveve Medical, Inc. (a)(b) | 129,860 | 409,059 | |
VolitionRx Ltd. (a)(b) | 99,018 | 230,712 | |
West Pharmaceutical Services, Inc. (a) | 330,227 | 38,653,070 | |
Wright Medical Group NV (a)(b) | 480,241 | 13,917,384 | |
Zosano Pharma Corp. (a)(b) | 52,039 | 217,003 | |
723,893,571 | |||
Health Care Providers & Services - 1.7% | |||
AAC Holdings, Inc. (a)(b) | 48,170 | 426,786 | |
Acadia Healthcare Co., Inc. (a)(b) | 364,188 | 15,124,728 | |
Aceto Corp. | 133,469 | 443,117 | |
Addus HomeCare Corp. (b) | 43,926 | 2,850,797 | |
Amedisys, Inc. (b) | 128,880 | 16,111,289 | |
American Renal Associates Holdings, Inc. (a)(b) | 55,930 | 1,227,664 | |
American Shared Hospital Services (b) | 113 | 350 | |
AMN Healthcare Services, Inc. (a)(b) | 215,714 | 12,576,126 | |
BioScrip, Inc. (a)(b) | 568,746 | 1,649,363 | |
BioTelemetry, Inc. (a)(b) | 142,312 | 8,794,882 | |
Brookdale Senior Living, Inc. (a)(b) | 842,845 | 8,361,022 | |
Caladrius Biosciences, Inc. (b) | 36,321 | 191,412 | |
Capital Senior Living Corp. (a)(b) | 129,657 | 1,150,058 | |
Chemed Corp. | 70,108 | 22,682,742 | |
Civitas Solutions, Inc. (b) | 70,980 | 1,135,680 | |
Community Health Systems, Inc. (a)(b) | 556,599 | 2,159,604 | |
Corvel Corp. (b) | 43,392 | 2,579,654 | |
Cross Country Healthcare, Inc. (b) | 154,629 | 1,547,836 | |
Digirad Corp. | 51,239 | 84,544 | |
Diplomat Pharmacy, Inc. (a)(b) | 215,891 | 4,460,308 | |
Diversicare Healthcare Services, Inc. | 13,500 | 82,350 | |
Five Star Sr Living, Inc. (b) | 197,129 | 195,158 | |
G1 Therapeutics, Inc. (a)(b) | 86,910 | 5,273,699 | |
Genesis HealthCare, Inc. Class A (a)(b) | 198,253 | 350,908 | |
HealthEquity, Inc. (b) | 235,578 | 22,193,803 | |
HealthSouth Corp. | 439,860 | 35,888,177 | |
InfuSystems Holdings, Inc. (b) | 45,777 | 153,353 | |
Interpace Diagnostics Group, Inc. (a)(b) | 83,117 | 122,182 | |
LHC Group, Inc. (b) | 130,886 | 12,948,552 | |
LifePoint Hospitals, Inc. (b) | 171,434 | 11,040,350 | |
Magellan Health Services, Inc. (b) | 111,867 | 8,222,225 | |
MEDNAX, Inc. (b) | 421,834 | 19,973,840 | |
Molina Healthcare, Inc. (a)(b) | 211,434 | 29,177,892 | |
National Healthcare Corp. | 52,171 | 4,020,819 | |
National Research Corp. Class A | 46,695 | 1,828,109 | |
National Vision Holdings, Inc. | 214,779 | 9,503,971 | |
OptiNose, Inc. (a) | 58,775 | 873,984 | |
Owens & Minor, Inc. (a) | 269,909 | 4,583,055 | |
Patterson Companies, Inc. (a) | 371,202 | 8,370,605 | |
Premier, Inc. (a)(b) | 242,451 | 10,723,608 | |
Providence Service Corp. (b) | 53,519 | 3,593,266 | |
Psychemedics Corp. | 24,117 | 466,182 | |
Quorum Health Corp. (a)(b) | 120,872 | 549,968 | |
R1 RCM, Inc. (a)(b) | 373,806 | 3,726,846 | |
RadNet, Inc. (b) | 136,201 | 1,886,384 | |
Select Medical Holdings Corp. (b) | 486,521 | 9,633,116 | |
Sharps Compliance Corp. (b) | 38,210 | 134,881 | |
SunLink Health Systems, Inc. (b) | 10,027 | 13,938 | |
Surgery Partners, Inc. (a)(b) | 84,310 | 1,462,779 | |
Tenet Healthcare Corp. (a)(b) | 362,611 | 12,227,243 | |
The Ensign Group, Inc. | 216,921 | 8,475,103 | |
The Joint Corp. (b) | 45,109 | 386,584 | |
Tivity Health, Inc. (a)(b) | 149,336 | 5,137,158 | |
Triple-S Management Corp. (a)(b) | 103,498 | 2,253,151 | |
U.S. Physical Therapy, Inc. | 56,937 | 7,131,359 | |
Wellcare Health Plans, Inc. (b) | 220,155 | 66,612,298 | |
412,774,858 | |||
Health Care Technology - 0.8% | |||
Allscripts Healthcare Solutions, Inc. (b) | 785,792 | 11,480,421 | |
Arrhythmia Research Technology, Inc. (b) | 9,729 | 32,884 | |
athenahealth, Inc. (b) | 180,475 | 27,775,103 | |
Castlight Health, Inc. Class B (a)(b) | 308,628 | 925,884 | |
Computer Programs & Systems, Inc. (a) | 48,337 | 1,319,600 | |
Evolent Health, Inc. (a)(b) | 283,107 | 7,219,229 | |
HealthStream, Inc. | 113,005 | 3,585,649 | |
HMS Holdings Corp. (b) | 364,920 | 11,695,686 | |
HTG Molecular Diagnostics (a)(b) | 123,246 | 553,375 | |
iCAD, Inc. (b) | 50,180 | 150,540 | |
Inovalon Holdings, Inc. Class A (a)(b) | 283,107 | 3,114,177 | |
Medical Transcription Billing Corp. (a)(b) | 30,125 | 130,441 | |
Medidata Solutions, Inc. (a)(b) | 266,895 | 22,680,737 | |
NantHealth, Inc. (a)(b) | 148,762 | 330,252 | |
Omnicell, Inc. (a)(b) | 176,931 | 12,164,006 | |
Quality Systems, Inc. (b) | 219,383 | 5,021,677 | |
Simulations Plus, Inc. | 50,674 | 1,056,553 | |
Streamline Health Solutions, Inc. (a)(b) | 73,168 | 83,412 | |
Tabula Rasa HealthCare, Inc. (a)(b) | 63,065 | 5,528,909 | |
Teladoc Health, Inc. (a)(b) | 309,586 | 24,008,394 | |
Valeritas Holdings, Inc. (a)(b) | 51,874 | 59,655 | |
Veeva Systems, Inc. Class A (b) | 530,893 | 55,403,993 | |
Vocera Communications, Inc. (b) | 140,717 | 4,666,176 | |
198,986,753 | |||
Life Sciences Tools & Services - 0.8% | |||
Accelerate Diagnostics, Inc. (a)(b) | 120,184 | 2,956,526 | |
Bio-Rad Laboratories, Inc. Class A (b) | 90,627 | 29,480,963 | |
Bio-Techne Corp. | 167,086 | 32,108,917 | |
Bioanalytical Systems, Inc. (b) | 4,600 | 7,498 | |
Bruker Corp. | 450,858 | 16,041,528 | |
Cambrex Corp. (a)(b) | 145,686 | 9,819,236 | |
Champions Oncology, Inc. (b) | 7,203 | 63,530 | |
Charles River Laboratories International, Inc. (b) | 212,544 | 26,251,309 | |
ChromaDex, Inc. (a)(b) | 108,460 | 491,324 | |
Codexis, Inc. (b) | 191,908 | 3,300,818 | |
Enzo Biochem, Inc. (b) | 180,734 | 829,569 | |
Fluidigm Corp. (a)(b) | 123,668 | 979,451 | |
Harvard Bioscience, Inc. (b) | 139,202 | 828,252 | |
Luminex Corp. | 186,159 | 5,251,545 | |
Medpace Holdings, Inc. (b) | 116,128 | 6,943,293 | |
Nanostring Technologies, Inc. (b) | 101,239 | 1,637,035 | |
NeoGenomics, Inc. (a)(b) | 326,680 | 4,524,518 | |
Pacific Biosciences of California, Inc. (a)(b) | 493,526 | 2,462,695 | |
PRA Health Sciences, Inc. (b) | 257,613 | 27,203,933 | |
Syneos Health, Inc. (a)(b) | 270,892 | 13,503,966 | |
184,685,906 | |||
Pharmaceuticals - 1.3% | |||
AcelRx Pharmaceuticals, Inc. (a)(b) | 222,277 | 689,059 | |
Acer Therapeutics, Inc. (b) | 21,687 | 695,719 | |
Aclaris Therapeutics, Inc. (a)(b) | 115,378 | 1,836,818 | |
Adamis Pharmaceuticals Corp. (a)(b) | 179,132 | 510,526 | |
Aerie Pharmaceuticals, Inc. (a)(b) | 177,945 | 10,916,926 | |
Agile Therapeutics, Inc. (b) | 72,395 | 21,212 | |
Akcea Therapeutics, Inc. (a)(b) | 70,325 | 1,857,283 | |
Akorn, Inc. (b) | 427,893 | 6,713,641 | |
Alimera Sciences, Inc. (a)(b) | 100,515 | 104,536 | |
Amneal Pharmaceuticals, Inc. (a)(b) | 339,032 | 7,831,639 | |
Amphastar Pharmaceuticals, Inc. (a)(b) | 155,639 | 2,954,028 | |
Ampio Pharmaceuticals, Inc. (a)(b) | 354,669 | 223,087 | |
ANI Pharmaceuticals, Inc. (b) | 42,271 | 2,460,172 | |
ANI Pharmaceuticals, Inc. rights (b)(d) | 58,183 | 1 | |
Apricus Biosciences, Inc. (a)(b) | 96,999 | 32,010 | |
Aradigm Corp. (a)(b) | 44,920 | 60,642 | |
Aratana Therapeutics, Inc. (b) | 165,481 | 877,049 | |
Assembly Biosciences, Inc. (a)(b) | 92,144 | 3,685,760 | |
Assertio Therapeutics, Inc. (a)(b) | 274,416 | 1,750,774 | |
AstraZeneca PLC rights (b)(d) | 21,542 | 0 | |
Athenex, Inc. (a)(b) | 180,306 | 2,962,428 | |
Axsome Therapeutics, Inc. (a)(b) | 59,924 | 206,738 | |
Bio Path Holdings, Inc. (a)(b) | 33,967 | 46,195 | |
Biodelivery Sciences International, Inc. (a)(b) | 261,066 | 776,671 | |
BioPharmX Corp. (a)(b) | 595,565 | 93,087 | |
Catalent, Inc. (b) | 639,360 | 26,725,248 | |
Cerecor, Inc. (a)(b) | 45,108 | 217,872 | |
Chiasma, Inc. (b) | 29,500 | 69,325 | |
Clearside Biomedical, Inc. (b) | 125,760 | 856,426 | |
Collegium Pharmaceutical, Inc. (a)(b) | 99,164 | 1,695,704 | |
ContraVir Pharmaceuticals, Inc. (a)(b) | 43,383 | 32,103 | |
Corcept Therapeutics, Inc. (a)(b) | 431,601 | 6,482,647 | |
Corium International, Inc. (a)(b) | 122,886 | 1,199,367 | |
CorMedix, Inc. (a)(b) | 425,319 | 263,698 | |
Cumberland Pharmaceuticals, Inc. (b) | 33,008 | 195,077 | |
CymaBay Therapeutics, Inc. (a)(b) | 260,632 | 3,552,414 | |
Dermira, Inc. (a)(b) | 163,855 | 1,559,900 | |
Dova Pharmaceuticals, Inc. (a)(b) | 57,540 | 1,464,393 | |
Durect Corp. (b) | 703,630 | 921,755 | |
Egalet Corp. (a)(b) | 230,195 | 88,625 | |
Eloxx Pharmaceuticals, Inc. (a)(b) | 93,892 | 1,720,101 | |
Endo International PLC (b) | 900,074 | 15,436,269 | |
Endocyte, Inc. (b) | 273,323 | 5,389,930 | |
Evofem Biosciences, Inc. (b) | 3,187 | 12,939 | |
Evoke Pharma, Inc. (a)(b) | 15,570 | 44,997 | |
Evolus, Inc. (b) | 43,831 | 1,121,635 | |
Eyepoint Pharmaceuticals, Inc. (a)(b) | 196,453 | 430,232 | |
Flex Pharma, Inc. (a)(b) | 42,326 | 20,951 | |
Gemphire Therapeutics, Inc. (a)(b) | 33,731 | 47,223 | |
Horizon Pharma PLC (b) | 747,740 | 15,807,224 | |
Imprimis Pharmaceuticals, Inc. (a)(b) | 47,104 | 143,196 | |
InflaRx NV (a)(b) | 28,184 | 946,982 | |
Innoviva, Inc. (a)(b) | 327,079 | 4,749,187 | |
Intersect ENT, Inc. (b) | 129,388 | 3,791,068 | |
Intra-Cellular Therapies, Inc. (b) | 218,946 | 4,803,675 | |
Jaguar Health, Inc. (a)(b) | 29,375 | 24,734 | |
Jazz Pharmaceuticals PLC (b) | 267,395 | 45,703,153 | |
Kala Pharmaceuticals, Inc. (a)(b) | 25,715 | 347,410 | |
KemPharm, Inc. (a)(b) | 53,243 | 276,864 | |
Lannett Co., Inc. (a)(b) | 130,324 | 697,233 | |
Lipocine, Inc. (a)(b) | 72,418 | 107,903 | |
Mallinckrodt PLC (a)(b) | 372,862 | 12,848,825 | |
Marinus Pharmaceuticals, Inc. (a)(b) | 114,286 | 816,002 | |
Melinta Therapeutics, Inc. (b) | 179,307 | 838,260 | |
Mersana Therapeutics, Inc. (a)(b) | 31,503 | 439,467 | |
Mustang Bio, Inc. (b) | 52,643 | 364,290 | |
MyoKardia, Inc. (b) | 148,087 | 9,129,564 | |
Neos Therapeutics, Inc. (a)(b) | 95,876 | 551,287 | |
NovaBay Pharmaceuticals, Inc. (a)(b) | 5,586 | 9,776 | |
Novan, Inc. (b) | 35,527 | 102,318 | |
Novus Therapeutics, Inc. (b) | 3,160 | 15,010 | |
Ocular Therapeutix, Inc. (b) | 142,737 | 963,475 | |
Odonate Therapeutics, Inc. (a)(b) | 38,719 | 743,018 | |
Omeros Corp. (a)(b) | 201,030 | 5,202,656 | |
Onconova Therapeutics, Inc. (b) | 3,415 | 1,468 | |
Otonomy, Inc. (b) | 109,470 | 328,410 | |
Pacira Pharmaceuticals, Inc. (b) | 182,422 | 8,601,197 | |
Pain Therapeutics, Inc. (a)(b) | 20,330 | 20,737 | |
Paratek Pharmaceuticals, Inc. (a)(b) | 122,183 | 1,252,376 | |
Pernix Therapeutics Holdings, Inc. (a)(b) | 30,326 | 32,752 | |
Phibro Animal Health Corp. Class A | 89,995 | 4,247,764 | |
Plx Pharma PLC/New (b) | 4,346 | 14,342 | |
Prestige Brands Holdings, Inc. (a)(b) | 238,898 | 9,197,573 | |
Pulmatrix, Inc. (a)(b) | 138,518 | 60,948 | |
Reata Pharmaceuticals, Inc. (a)(b) | 67,270 | 5,809,437 | |
resTORbio, Inc. (a)(b) | 41,417 | 489,963 | |
Revance Therapeutics, Inc. (a)(b) | 123,370 | 3,380,338 | |
Rhythm Pharmaceuticals, Inc. (a) | 90,279 | 2,843,789 | |
Ritter Pharmaceuticals, Inc. (a)(b) | 2,906 | 5,812 | |
scPharmaceuticals, Inc. (a)(b) | 23,358 | 119,593 | |
SCYNEXIS, Inc. (a)(b) | 332,373 | 448,704 | |
SenesTech, Inc. (a)(b) | 90,916 | 80,006 | |
SIGA Technologies, Inc. (b) | 204,746 | 1,685,060 | |
Sonoma Pharmaceuticals, Inc. (a)(b) | 12,933 | 24,573 | |
Spero Therapeutics, Inc. (a)(b) | 43,453 | 495,799 | |
Supernus Pharmaceuticals, Inc. (a)(b) | 229,316 | 10,158,699 | |
Teligent, Inc. (a)(b) | 185,177 | 748,115 | |
Tetraphase Pharmaceuticals, Inc. (b) | 221,113 | 782,740 | |
The Medicines Company (a)(b) | 291,976 | 11,565,169 | |
TherapeuticsMD, Inc. (a)(b) | 865,760 | 5,610,125 | |
Theravance Biopharma, Inc. (a)(b) | 184,923 | 5,357,219 | |
Titan Pharmaceuticals, Inc. (a)(b) | 66,917 | 49,184 | |
VIVUS, Inc. (a)(b) | 373,562 | 209,942 | |
WAVE Life Sciences (b) | 70,815 | 3,774,440 | |
Zogenix, Inc. (a)(b) | 186,848 | 9,024,758 | |
Zynerba Pharmaceuticals, Inc. (a)(b) | 68,717 | 551,798 | |
313,250,239 | |||
TOTAL HEALTH CARE | 3,020,157,435 | ||
INDUSTRIALS - 13.5% | |||
Aerospace & Defense - 1.4% | |||
AAR Corp. | 150,817 | 7,038,629 | |
Aerojet Rocketdyne Holdings, Inc. (a)(b) | 342,876 | 12,038,376 | |
AeroVironment, Inc. (a)(b) | 95,552 | 8,404,754 | |
Air Industries Group, Inc. (b) | 213 | 300 | |
Arotech Corp. (b) | 105,511 | 353,462 | |
Astronics Corp. (a)(b) | 95,985 | 4,176,307 | |
Astrotech Corp. (b) | 7,755 | 26,600 | |
Axon Enterprise, Inc. (a)(b) | 256,298 | 17,494,901 | |
BWX Technologies, Inc. | 444,333 | 27,246,500 | |
CPI Aerostructures, Inc. (b) | 19,646 | 164,044 | |
Cubic Corp. | 111,576 | 8,446,303 | |
Curtiss-Wright Corp. | 197,139 | 26,406,769 | |
Ducommun, Inc. (b) | 48,231 | 1,962,519 | |
Engility Holdings, Inc. (b) | 82,978 | 2,880,166 | |
Esterline Technologies Corp. (b) | 117,886 | 10,132,302 | |
HEICO Corp. (a) | 179,139 | 16,244,325 | |
HEICO Corp. Class A | 321,106 | 23,922,397 | |
Hexcel Corp. | 397,682 | 26,294,734 | |
Innovative Solutions & Support, Inc. (b) | 33,630 | 89,120 | |
KEYW Holding Corp. (a)(b) | 210,109 | 1,788,028 | |
KLX, Inc. (b) | 226,126 | 16,697,144 | |
Kratos Defense & Security Solutions, Inc. (a)(b) | 376,764 | 5,033,567 | |
Mercury Systems, Inc. (a)(b) | 219,105 | 11,943,414 | |
Micronet Enertec Technologies, Inc. (a)(b) | 8,412 | 10,599 | |
Moog, Inc. Class A | 144,636 | 11,413,227 | |
National Presto Industries, Inc. (a) | 24,207 | 3,209,848 | |
SIFCO Industries, Inc. (b) | 8,781 | 46,100 | |
Sparton Corp. (b) | 46,545 | 594,380 | |
Spirit AeroSystems Holdings, Inc. Class A (a) | 475,747 | 40,676,369 | |
Teledyne Technologies, Inc. (b) | 161,135 | 38,230,890 | |
Triumph Group, Inc. | 230,348 | 4,791,238 | |
Vectrus, Inc. (b) | 51,098 | 1,677,036 | |
Wesco Aircraft Holdings, Inc. (b) | 279,582 | 3,396,921 | |
332,831,269 | |||
Air Freight & Logistics - 0.4% | |||
Air T, Inc. (b) | 1,092 | 36,582 | |
Air Transport Services Group, Inc. (b) | 202,618 | 4,123,276 | |
Atlas Air Worldwide Holdings, Inc. (a)(b) | 115,252 | 7,018,847 | |
Echo Global Logistics, Inc. (a)(b) | 118,834 | 3,945,289 | |
Forward Air Corp. | 132,956 | 8,543,753 | |
Hub Group, Inc. Class A (b) | 148,040 | 7,823,914 | |
Radiant Logistics, Inc. (b) | 141,423 | 615,190 | |
XPO Logistics, Inc. (a)(b) | 470,225 | 50,078,963 | |
82,185,814 | |||
Airlines - 0.3% | |||
Allegiant Travel Co. | 56,258 | 7,665,153 | |
Hawaiian Holdings, Inc. | 228,263 | 9,472,915 | |
JetBlue Airways Corp. (b) | 1,406,654 | 26,838,958 | |
SkyWest, Inc. | 234,779 | 15,331,069 | |
Spirit Airlines, Inc. (a)(b) | 304,904 | 14,489,038 | |
73,797,133 | |||
Building Products - 1.0% | |||
AAON, Inc. (a) | 183,755 | 7,423,702 | |
Advanced Drain Systems, Inc. Del | 183,567 | 5,754,825 | |
American Woodmark Corp. (b) | 64,659 | 5,492,782 | |
Apogee Enterprises, Inc. | 127,498 | 6,275,452 | |
Armstrong World Industries, Inc. (b) | 231,153 | 16,134,479 | |
Builders FirstSource, Inc. (b) | 513,348 | 8,018,496 | |
Continental Building Products, Inc. (b) | 171,095 | 6,381,844 | |
COVIA Corp. (a)(b) | 145,251 | 1,645,694 | |
CSW Industrials, Inc. (b) | 71,463 | 4,001,928 | |
GCP Applied Technologies, Inc. (b) | 325,797 | 8,210,084 | |
Gibraltar Industries, Inc. (a)(b) | 143,948 | 6,535,239 | |
GMS, Inc. (b) | 139,287 | 3,461,282 | |
Griffon Corp. | 149,237 | 2,723,575 | |
Insteel Industries, Inc. | 82,597 | 3,167,595 | |
Jeld-Wen Holding, Inc. (b) | 312,499 | 7,599,976 | |
Lennox International, Inc. | 163,382 | 36,403,143 | |
Masonite International Corp. (b) | 124,268 | 8,319,743 | |
NCI Building Systems, Inc. (b) | 190,470 | 3,218,943 | |
Owens Corning | 490,051 | 27,746,688 | |
Patrick Industries, Inc. (a)(b) | 104,231 | 6,670,784 | |
PGT, Inc. (b) | 227,232 | 5,521,738 | |
Quanex Building Products Corp. | 159,882 | 2,622,065 | |
Simpson Manufacturing Co. Ltd. | 182,466 | 14,007,915 | |
Tecogen, Inc. New (b) | 6,044 | 18,676 | |
Trex Co., Inc. (b) | 263,354 | 22,306,084 | |
Universal Forest Products, Inc. | 278,628 | 10,437,405 | |
USG Corp. (b) | 388,641 | 16,750,427 | |
246,850,564 | |||
Commercial Services & Supplies - 1.4% | |||
ABM Industries, Inc. (a) | 296,021 | 9,389,786 | |
ACCO Brands Corp. | 486,655 | 6,034,522 | |
Acme United Corp. | 1,332 | 29,197 | |
ADS Waste Holdings, Inc. (b) | 187,157 | 4,993,349 | |
Amrep Corp. (b) | 2,694 | 19,774 | |
Aqua Metals, Inc. (a)(b) | 158,730 | 385,714 | |
ARC Document Solutions, Inc. (b) | 173,429 | 558,441 | |
Avalon Holdings Corp. Class A (a)(b) | 10,366 | 46,440 | |
Brady Corp. Class A | 222,213 | 8,988,516 | |
Casella Waste Systems, Inc. Class A (b) | 174,856 | 4,962,413 | |
CECO Environmental Corp. | 124,603 | 1,051,649 | |
Cemtrex, Inc. (a)(b) | 34,404 | 56,767 | |
Clean Harbors, Inc. (b) | 232,665 | 15,958,492 | |
Command Security Corp. (b) | 4,050 | 7,979 | |
CompX International, Inc. Class A | 715 | 9,653 | |
Covanta Holding Corp. | 590,028 | 10,413,994 | |
Deluxe Corp. | 214,935 | 12,728,451 | |
Document Security Systems, Inc. (a)(b) | 20,066 | 24,681 | |
Ecology & Environment, Inc. Class A | 5,529 | 73,812 | |
Ennis, Inc. | 121,086 | 2,639,675 | |
Essendant, Inc. | 171,402 | 2,473,331 | |
Evoqua Water Technologies Corp. (a)(b) | 264,893 | 5,133,626 | |
Fuel Tech, Inc. (a)(b) | 71,206 | 84,023 | |
Healthcare Services Group, Inc. (a) | 331,117 | 13,645,332 | |
Heritage-Crystal Clean, Inc. (a)(b) | 67,703 | 1,577,480 | |
Herman Miller, Inc. | 272,699 | 10,444,372 | |
HNI Corp. | 193,943 | 8,552,886 | |
Hudson Technologies, Inc. (a)(b) | 164,908 | 308,378 | |
Industrial Services of America, Inc. (b) | 12,605 | 29,181 | |
Interface, Inc. | 264,579 | 6,230,835 | |
Intersections, Inc. (a)(b) | 42,033 | 72,717 | |
KAR Auction Services, Inc. | 607,125 | 38,060,666 | |
Kimball International, Inc. Class B | 169,255 | 2,956,885 | |
Knoll, Inc. | 218,560 | 5,144,902 | |
LSC Communications, Inc. | 151,031 | 1,847,109 | |
Matthews International Corp. Class A | 143,825 | 7,464,518 | |
McGrath RentCorp. | 108,351 | 6,284,358 | |
Mobile Mini, Inc. | 199,585 | 8,562,197 | |
Msa Safety, Inc. (a) | 151,396 | 15,304,622 | |
Multi-Color Corp. (a) | 64,185 | 3,963,424 | |
NL Industries, Inc. (b) | 19,002 | 150,116 | |
Odyssey Marine Exploration, Inc. (a)(b) | 33,165 | 309,098 | |
Performant Financial Corp. (b) | 99,740 | 241,371 | |
Perma-Fix Environmental Services, Inc. (b) | 23,883 | 113,444 | |
PICO Holdings, Inc. | 104,771 | 1,252,013 | |
Pitney Bowes, Inc. | 832,522 | 6,044,110 | |
Quad/Graphics, Inc. | 144,761 | 3,296,208 | |
Quest Resource Holding Corp. (a)(b) | 35,687 | 76,727 | |
R.R. Donnelley & Sons Co. | 308,204 | 1,559,512 | |
Rollins, Inc. | 432,079 | 25,959,306 | |
SP Plus Corp. (b) | 100,820 | 3,921,898 | |
Steelcase, Inc. Class A | 387,642 | 5,659,573 | |
Team, Inc. (a)(b) | 132,793 | 3,094,077 | |
Tetra Tech, Inc. | 253,668 | 17,706,026 | |
The Brink's Co. (a) | 229,375 | 17,226,063 | |
U.S. Ecology, Inc. | 98,121 | 7,138,303 | |
UniFirst Corp. | 69,611 | 12,891,957 | |
Viad Corp. | 92,732 | 5,712,291 | |
Virco Manufacturing Co. | 16,793 | 83,125 | |
VSE Corp. | 36,497 | 1,408,054 | |
330,357,419 | |||
Construction & Engineering - 0.7% | |||
AECOM (a)(b) | 717,359 | 24,131,957 | |
Aegion Corp. (b) | 147,211 | 3,674,387 | |
Ameresco, Inc. Class A (b) | 85,179 | 1,222,319 | |
Argan, Inc. | 63,539 | 2,528,852 | |
Comfort Systems U.S.A., Inc. | 166,788 | 9,573,631 | |
Construction Partners, Inc. Class A | 55,852 | 678,602 | |
Dycom Industries, Inc. (a)(b) | 139,800 | 11,730,618 | |
EMCOR Group, Inc. | 265,570 | 21,272,157 | |
FTE Networks, Inc. (b) | 13,620 | 177,060 | |
Goldfield Corp. | 99,734 | 473,737 | |
Granite Construction, Inc. | 202,094 | 9,231,654 | |
Great Lakes Dredge & Dock Corp. (b) | 252,829 | 1,384,239 | |
HC2 Holdings, Inc. (a)(b) | 168,360 | 1,055,617 | |
Ies Holdings, Inc. (a)(b) | 35,821 | 685,972 | |
Infrastructure and Energy Alternatives, Inc. (a)(b) | 45,210 | 479,226 | |
KBR, Inc. | 634,690 | 13,315,796 | |
Keane Group, Inc. (a)(b) | 267,222 | 3,281,486 | |
MasTec, Inc. (a)(b) | 286,469 | 12,547,342 | |
MYR Group, Inc. (b) | 75,779 | 2,634,836 | |
Northwest Pipe Co. (b) | 41,263 | 745,210 | |
NV5 Holdings, Inc. (b) | 40,978 | 3,624,504 | |
Orion Group Holdings, Inc. (b) | 116,448 | 1,003,782 | |
Primoris Services Corp. | 186,344 | 4,669,781 | |
Sterling Construction Co., Inc. (a)(b) | 117,122 | 1,704,125 | |
Tutor Perini Corp. (a)(b) | 173,590 | 3,532,557 | |
Valmont Industries, Inc. | 101,193 | 14,207,497 | |
Williams Scotsman Corp. (a)(b) | 171,810 | 2,998,085 | |
152,565,029 | |||
Electrical Equipment - 0.8% | |||
Acuity Brands, Inc. (a) | 182,690 | 27,922,340 | |
Allied Motion Technologies, Inc. | 31,220 | 1,524,785 | |
American Electric Technologies, Inc. (a)(b) | 11,386 | 11,184 | |
American Superconductor Corp. (a)(b) | 78,969 | 481,711 | |
AZZ, Inc. | 117,435 | 6,312,131 | |
Babcock & Wilcox Enterprises, Inc. (a)(b) | 770,769 | 1,079,077 | |
Broadwind Energy, Inc. (b) | 60,375 | 131,618 | |
Capstone Turbine Corp. (a)(b) | 247,286 | 276,960 | |
Encore Wire Corp. | 93,673 | 4,707,068 | |
Energous Corp. (a)(b) | 87,914 | 1,127,057 | |
Energy Focus, Inc. (a)(b) | 30,849 | 66,325 | |
EnerSys | 189,355 | 15,714,571 | |
Enphase Energy, Inc. (a)(b) | 338,229 | 1,653,940 | |
EnSync, Inc. (a)(b) | 114,418 | 40,046 | |
Espey Manufacturing & Electronics Corp. | 5,259 | 140,678 | |
FuelCell Energy, Inc. (a)(b) | 378,895 | 443,307 | |
Generac Holdings, Inc. (b) | 275,839 | 15,306,306 | |
GrafTech International Ltd. | 174,214 | 3,219,475 | |
Hubbell, Inc. Class B | 243,288 | 30,741,872 | |
Ideal Power, Inc. (a)(b) | 17,678 | 11,673 | |
LSI Industries, Inc. | 117,225 | 606,053 | |
Ocean Power Technologies, Inc. (a)(b) | 70,903 | 52,546 | |
Orion Energy Systems, Inc. (a)(b) | 82,082 | 78,142 | |
Plug Power, Inc. (a)(b) | 1,028,508 | 2,026,161 | |
Polar Power, Inc. (a)(b) | 7,179 | 44,510 | |
Powell Industries, Inc. | 38,329 | 1,500,580 | |
Preformed Line Products Co. | 11,698 | 955,727 | |
Real Goods Solar, Inc. (a)(b) | 42,561 | 18,416 | |
Regal Beloit Corp. | 199,139 | 16,667,934 | |
Revolution Lighting Technologies, Inc. (a)(b) | 37,668 | 102,080 | |
Sensata Technologies, Inc. PLC (a)(b) | 761,598 | 40,326,614 | |
Sunrun, Inc. (a)(b) | 300,000 | 3,936,000 | |
Sunworks, Inc. (a)(b) | 46,670 | 32,132 | |
Thermon Group Holdings, Inc. (b) | 146,456 | 3,925,021 | |
TPI Composites, Inc. (a)(b) | 61,940 | 1,736,178 | |
Ultralife Corp. (b) | 42,785 | 370,090 | |
Vicor Corp. (b) | 73,865 | 4,612,869 | |
Vivint Solar, Inc. (b) | 109,703 | 575,941 | |
188,479,118 | |||
Industrial Conglomerates - 0.3% | |||
Carlisle Companies, Inc. | 271,961 | 34,487,374 | |
ITT, Inc. | 389,867 | 23,045,038 | |
Raven Industries, Inc. | 161,392 | 7,811,373 | |
65,343,785 | |||
Machinery - 3.7% | |||
Actuant Corp. Class A (a) | 272,518 | 8,025,655 | |
AGCO Corp. | 293,590 | 17,515,579 | |
Alamo Group, Inc. | 42,473 | 4,047,677 | |
Albany International Corp. Class A | 131,871 | 10,173,848 | |
Allison Transmission Holdings, Inc. (a) | 580,531 | 28,829,169 | |
Altra Industrial Motion Corp. (a) | 131,716 | 5,143,510 | |
American Railcar Industries, Inc. | 33,825 | 1,549,862 | |
Apergy Corp. (a)(b) | 342,574 | 15,491,196 | |
ARC Group Worldwide, Inc. (a)(b) | 25,348 | 48,161 | |
Art's-Way Manufacturing Co., Inc. (b) | 9,649 | 26,535 | |
Astec Industries, Inc. (a) | 86,385 | 4,202,630 | |
Barnes Group, Inc. | 215,817 | 14,688,505 | |
Blue Bird Corp. (a)(b) | 51,001 | 1,170,473 | |
Briggs & Stratton Corp. | 191,742 | 3,865,519 | |
Cactus, Inc. (a)(b) | 162,606 | 5,557,873 | |
Chart Industries, Inc. (a)(b) | 138,723 | 10,480,523 | |
Chicago Rivet & Machine Co. | 758 | 24,104 | |
CIRCOR International, Inc. (a) | 87,402 | 3,964,555 | |
Colfax Corp. (b) | 445,645 | 15,561,923 | |
Columbus McKinnon Corp. (NY Shares) | 91,393 | 3,886,944 | |
Commercial Vehicle Group, Inc. (b) | 120,218 | 1,173,328 | |
Crane Co. | 226,459 | 20,671,178 | |
Dmc Global, Inc. | 62,393 | 2,448,925 | |
Donaldson Co., Inc. (a) | 584,176 | 29,559,306 | |
Douglas Dynamics, Inc. | 101,803 | 4,662,577 | |
Eastern Co. | 26,978 | 795,851 | |
Energy Recovery, Inc. (a)(b) | 151,895 | 1,471,863 | |
EnPro Industries, Inc. | 95,943 | 7,202,441 | |
ESCO Technologies, Inc. | 116,292 | 7,867,154 | |
ExOne Co. (a)(b) | 40,244 | 355,355 | |
Federal Signal Corp. | 270,118 | 7,031,172 | |
Franklin Electric Co., Inc. | 174,001 | 8,508,649 | |
FreightCar America, Inc. | 53,070 | 897,414 | |
Gardner Denver Holdings, Inc. (b) | 317,773 | 8,884,933 | |
Gates Industrial Corp. PLC (a)(b) | 202,163 | 3,685,431 | |
Gencor Industries, Inc. (b) | 29,953 | 386,394 | |
Global Brass & Copper Holdings, Inc. | 99,231 | 3,825,355 | |
Gorman-Rupp Co. | 90,966 | 3,334,814 | |
Graco, Inc. | 752,909 | 35,394,252 | |
Graham Corp. | 38,537 | 1,071,714 | |
Greenbrier Companies, Inc. (a) | 124,371 | 7,213,518 | |
Harsco Corp. (b) | 362,470 | 10,239,778 | |
Hillenbrand, Inc. | 279,066 | 14,274,226 | |
Hurco Companies, Inc. | 24,468 | 1,049,677 | |
Hyster-Yale Materials Handling Class A | 42,446 | 2,618,918 | |
IDEX Corp. | 341,726 | 52,355,840 | |
Jason Industries, Inc. (b) | 34,467 | 95,474 | |
John Bean Technologies Corp. (a) | 142,963 | 16,912,523 | |
Kadant, Inc. | 51,037 | 5,157,289 | |
Kennametal, Inc. | 366,952 | 14,986,320 | |
L.B. Foster Co. Class A (b) | 41,840 | 951,860 | |
Lincoln Electric Holdings, Inc. | 275,072 | 25,900,780 | |
Lindsay Corp. (a) | 52,222 | 5,001,301 | |
LiqTech International, Inc. (b) | 162,497 | 206,371 | |
Lydall, Inc. (b) | 77,344 | 3,310,323 | |
Manitex International, Inc. (a)(b) | 80,512 | 851,817 | |
Manitowoc Co., Inc. (a)(b) | 162,770 | 3,774,636 | |
Meritor, Inc. (b) | 392,749 | 8,506,943 | |
MFRI, Inc. (b) | 13,179 | 121,906 | |
Middleby Corp. (a)(b) | 247,844 | 30,122,960 | |
Milacron Holdings Corp. (b) | 239,741 | 5,082,509 | |
Miller Industries, Inc. | 42,627 | 1,227,658 | |
Mueller Industries, Inc. | 260,390 | 8,324,668 | |
Mueller Water Products, Inc. Class A | 715,346 | 8,276,553 | |
Navistar International Corp. New (b) | 290,705 | 12,666,017 | |
NN, Inc. | 123,434 | 2,468,680 | |
Nordson Corp. (a) | 228,027 | 31,700,314 | |
Omega Flex, Inc. (a) | 24,574 | 2,180,943 | |
Oshkosh Corp. | 326,290 | 22,925,135 | |
Park-Ohio Holdings Corp. | 36,562 | 1,515,495 | |
ProPetro Holding Corp. (a)(b) | 310,888 | 4,731,715 | |
Proto Labs, Inc. (b) | 112,204 | 17,442,112 | |
RBC Bearings, Inc. (b) | 110,539 | 16,559,848 | |
Rexnord Corp. (b) | 470,453 | 13,657,251 | |
Spartan Motors, Inc. | 152,982 | 2,210,590 | |
SPX Corp. (b) | 190,432 | 6,472,784 | |
SPX Flow, Inc. (b) | 196,513 | 9,420,833 | |
Standex International Corp. | 58,479 | 6,309,884 | |
Sun Hydraulics Corp. | 127,963 | 6,441,657 | |
Taylor Devices, Inc. (b) | 3,749 | 43,301 | |
Tennant Co. | 82,228 | 6,294,553 | |
Terex Corp. | 319,269 | 12,371,674 | |
The L.S. Starrett Co. Class A | 20,155 | 128,992 | |
Timken Co. | 301,245 | 14,655,569 | |
Titan International, Inc. | 212,617 | 1,590,375 | |
Toro Co. | 475,739 | 28,920,174 | |
TriMas Corp. (b) | 203,826 | 6,257,458 | |
Trinity Industries, Inc. (a) | 662,816 | 23,755,325 | |
Twin Disc, Inc. (b) | 34,774 | 888,476 | |
Wabash National Corp. (a) | 267,734 | 4,883,468 | |
WABCO Holdings, Inc. (a)(b) | 222,607 | 27,398,470 | |
Wabtec Corp. (a) | 380,495 | 41,215,218 | |
Watts Water Technologies, Inc. Class A | 124,035 | 10,226,686 | |
Woodward, Inc. | 247,249 | 19,918,379 | |
WSI Industries, Inc. (a) | 5,563 | 29,484 | |
Xerium Technologies, Inc. (b) | 46,836 | 629,476 | |
885,956,531 | |||
Marine - 0.1% | |||
Genco Shipping & Trading Ltd. (b) | 60,925 | 836,500 | |
Kirby Corp. (b) | 239,568 | 20,914,286 | |
Matson, Inc. | 188,914 | 7,057,827 | |
28,808,613 | |||
Professional Services - 1.4% | |||
Acacia Research Corp. (b) | 241,785 | 942,962 | |
Asgn, Inc. (b) | 220,581 | 20,423,595 | |
Barrett Business Services, Inc. | 33,579 | 2,519,432 | |
BG Staffing, Inc. | 38,107 | 928,287 | |
CBIZ, Inc. (b) | 253,569 | 6,060,299 | |
CoStar Group, Inc. (b) | 162,765 | 71,968,172 | |
CRA International, Inc. | 36,289 | 2,074,279 | |
DLH Holdings Corp. (b) | 2,257 | 11,872 | |
Dun & Bradstreet Corp. | 164,254 | 23,475,182 | |
Exponent, Inc. | 237,793 | 12,448,464 | |
Forrester Research, Inc. | 47,157 | 2,320,124 | |
Franklin Covey Co. (b) | 53,514 | 1,369,958 | |
FTI Consulting, Inc. (b) | 167,838 | 12,792,612 | |
GEE Group, Inc. (a)(b) | 3,724 | 9,244 | |
GP Strategies Corp. (b) | 68,728 | 1,309,268 | |
Heidrick & Struggles International, Inc. | 88,851 | 3,927,214 | |
Hudson Global, Inc. (b) | 73,252 | 126,726 | |
Huron Consulting Group, Inc. (b) | 101,374 | 5,018,013 | |
ICF International, Inc. | 85,852 | 7,009,816 | |
InnerWorkings, Inc. (a)(b) | 215,796 | 1,687,525 | |
Insperity, Inc. | 167,032 | 20,018,785 | |
Kelly Services, Inc. Class A (non-vtg.) | 140,647 | 3,545,711 | |
Kforce, Inc. | 105,978 | 4,456,375 | |
Korn/Ferry International | 250,018 | 16,783,708 | |
Lightbridge Corp. (b) | 12,635 | 12,761 | |
Manpower, Inc. | 290,898 | 27,265,870 | |
Marathon Patent Group, Inc. (a)(b) | 53,847 | 52,770 | |
Mastech Digital, Inc. (b) | 6,164 | 64,722 | |
MISTRAS Group, Inc. (b) | 78,589 | 1,792,615 | |
Navigant Consulting, Inc. | 204,111 | 4,876,212 | |
RCM Technologies, Inc. | 26,331 | 129,022 | |
Reis, Inc. | 35,639 | 821,479 | |
Resources Connection, Inc. | 145,001 | 2,399,767 | |
Spherix, Inc. (a)(b) | 4,712 | 5,042 | |
TransUnion Holding Co., Inc. | 671,873 | 50,592,037 | |
TriNet Group, Inc. (b) | 185,050 | 10,930,904 | |
TrueBlue, Inc. (b) | 189,785 | 5,560,701 | |
Volt Information Sciences, Inc. (b) | 56,277 | 196,970 | |
WageWorks, Inc. (a)(b) | 176,617 | 9,449,010 | |
Willdan Group, Inc. (a)(b) | 35,062 | 1,099,895 | |
336,477,400 | |||
Road & Rail - 0.8% | |||
AMERCO | 30,806 | 11,548,861 | |
ArcBest Corp. | 114,714 | 5,517,743 | |
Avis Budget Group, Inc. (a)(b) | 318,689 | 9,914,415 | |
Covenant Transport Group, Inc. Class A (b) | 58,436 | 1,745,483 | |
Daseke, Inc. (b) | 220,743 | 1,984,480 | |
Genesee & Wyoming, Inc. Class A (a)(b) | 266,691 | 23,439,472 | |
Heartland Express, Inc. | 222,126 | 4,542,477 | |
Knight-Swift Transportation Holdings, Inc. Class A | 568,984 | 19,419,424 | |
Landstar System, Inc. | 188,634 | 21,843,817 | |
Marten Transport Ltd. | 173,130 | 3,817,517 | |
Old Dominion Freight Lines, Inc. | 302,534 | 46,106,182 | |
P.A.M. Transportation Services, Inc. (b) | 11,803 | 687,761 | |
Patriot Transportation Holding, Inc. (b) | 5,715 | 115,957 | |
Roadrunner Transportation Systems, Inc. (b) | 117,512 | 152,766 | |
Ryder System, Inc. | 237,204 | 18,226,755 | |
Saia, Inc. (a)(b) | 117,517 | 9,313,222 | |
Schneider National, Inc. Class B | 141,992 | 3,840,884 | |
U.S.A. Truck, Inc. (b) | 31,070 | 680,744 | |
Universal Logistics Holdings, Inc. | 41,673 | 1,525,232 | |
Werner Enterprises, Inc. (a) | 197,464 | 7,316,041 | |
YRC Worldwide, Inc. (b) | 140,714 | 1,346,633 | |
193,085,866 | |||
Trading Companies & Distributors - 1.1% | |||
AeroCentury Corp. (b) | 726 | 12,451 | |
Air Lease Corp. Class A | 428,310 | 19,792,205 | |
Aircastle Ltd. | 243,533 | 5,094,710 | |
Applied Industrial Technologies, Inc. | 173,408 | 13,361,086 | |
Beacon Roofing Supply, Inc. (b) | 304,866 | 11,304,431 | |
BlueLinx Corp. (a)(b) | 36,029 | 1,294,522 | |
BMC Stock Holdings, Inc. (b) | 279,470 | 6,288,075 | |
CAI International, Inc. (b) | 68,566 | 1,850,596 | |
DXP Enterprises, Inc. (b) | 73,586 | 3,376,862 | |
EnviroStar, Inc. | 8,263 | 390,427 | |
GATX Corp. (a) | 170,888 | 14,431,492 | |
General Finance Corp. (a)(b) | 73,463 | 1,002,770 | |
H&E Equipment Services, Inc. | 139,217 | 4,846,144 | |
HD Supply Holdings, Inc. (b) | 818,402 | 37,310,947 | |
Herc Holdings, Inc. (b) | 128,723 | 6,768,255 | |
Houston Wire & Cable Co. (b) | 67,850 | 556,370 | |
Huttig Building Products, Inc. (a)(b) | 72,927 | 377,762 | |
Kaman Corp. | 120,759 | 7,874,694 | |
Lawson Products, Inc. (b) | 22,824 | 769,169 | |
MRC Global, Inc. (b) | 399,617 | 8,236,106 | |
MSC Industrial Direct Co., Inc. Class A | 204,243 | 17,458,692 | |
Nexeo Solutions, Inc. (b) | 262,963 | 2,632,260 | |
Now, Inc. (a)(b) | 479,255 | 8,238,393 | |
Rush Enterprises, Inc. Class A | 160,994 | 6,916,302 | |
SiteOne Landscape Supply, Inc. (a)(b) | 179,538 | 16,224,849 | |
Systemax, Inc. | 65,078 | 2,375,347 | |
Titan Machinery, Inc. (a)(b) | 84,437 | 1,524,932 | |
Transcat, Inc. (b) | 24,318 | 592,143 | |
Triton International Ltd. | 212,280 | 8,019,938 | |
Univar, Inc. (b) | 515,593 | 14,343,797 | |
Veritiv Corp. (b) | 50,713 | 2,421,546 | |
Watsco, Inc. | 142,847 | 24,996,797 | |
WESCO International, Inc. (b) | 211,539 | 12,935,610 | |
Willis Lease Finance Corp. (b) | 18,966 | 650,154 | |
264,269,834 | |||
Transportation Infrastructure - 0.1% | |||
Macquarie Infrastructure Co. LLC (a) | 352,615 | 16,587,010 | |
TOTAL INDUSTRIALS | 3,197,595,385 | ||
INFORMATION TECHNOLOGY - 19.8% | |||
Communications Equipment - 1.4% | |||
ADTRAN, Inc. | 225,381 | 3,876,553 | |
Aerohive Networks, Inc. (a)(b) | 131,104 | 553,259 | |
Applied Optoelectronics, Inc. (a)(b) | 86,263 | 3,567,838 | |
Arris International PLC (a)(b) | 777,688 | 20,149,896 | |
Aviat Networks, Inc. (b) | 17,942 | 319,368 | |
Bank Technologies, Inc. | 68,107 | 258,807 | |
Black Box Corp. (a)(b) | 74,340 | 92,925 | |
CalAmp Corp. (a)(b) | 167,160 | 3,928,260 | |
Calix Networks, Inc. (b) | 181,547 | 1,416,067 | |
Carvana Co. Class A (a)(b) | 145,347 | 9,409,765 | |
Ciena Corp. (a)(b) | 637,257 | 20,124,576 | |
Clearfield, Inc. (a)(b) | 45,080 | 615,342 | |
ClearOne, Inc. | 17,220 | 37,023 | |
CommScope Holding Co., Inc. (b) | 855,104 | 27,098,246 | |
Communications Systems, Inc. | 9,122 | 31,197 | |
Comtech Telecommunications Corp. | 109,119 | 3,911,916 | |
Dasan Zhone Solutions, Inc. (a)(b) | 16,585 | 179,781 | |
Digi International, Inc. (b) | 122,486 | 1,647,437 | |
EchoStar Holding Corp. Class A (b) | 221,176 | 10,616,448 | |
EMCORE Corp. (b) | 116,856 | 566,752 | |
Extreme Networks, Inc. (b) | 540,268 | 3,387,480 | |
Finisar Corp. (a)(b) | 512,990 | 10,464,996 | |
Harmonic, Inc. (b) | 393,058 | 2,142,166 | |
Infinera Corp. (b) | 695,007 | 6,220,313 | |
InterDigital, Inc. | 155,724 | 12,862,802 | |
KVH Industries, Inc. (b) | 53,392 | 664,730 | |
Lantronix, Inc. (b) | 2,938 | 15,630 | |
Lumentum Holdings, Inc. (a)(b) | 282,405 | 19,175,300 | |
NETGEAR, Inc. (b) | 143,427 | 10,161,803 | |
NetScout Systems, Inc. (a)(b) | 359,842 | 8,996,050 | |
Network-1 Security Solutions, Inc. | 44,887 | 130,172 | |
Oclaro, Inc. (b) | 778,648 | 7,428,302 | |
Optical Cable Corp. (a)(b) | 11,253 | 43,324 | |
Palo Alto Networks, Inc. (b) | 409,900 | 94,748,385 | |
PC-Tel, Inc. | 65,156 | 282,777 | |
Plantronics, Inc. | 149,855 | 10,073,253 | |
Quantenna Communications, Inc. (b) | 99,259 | 1,813,462 | |
Resonant, Inc. (a)(b) | 88,838 | 471,730 | |
Sonus Networks, Inc. (b) | 229,931 | 1,591,123 | |
Technical Communications Corp. (b) | 2,782 | 13,632 | |
Tessco Technologies, Inc. | 21,957 | 391,932 | |
Ubiquiti Networks, Inc. | 95,899 | 8,603,099 | |
ViaSat, Inc. (a)(b) | 244,675 | 15,370,484 | |
Viavi Solutions, Inc. (b) | 1,014,663 | 11,364,226 | |
Westell Technologies, Inc. Class A (b) | 36,810 | 105,645 | |
xG Technology, Inc. (a)(b) | 3,373 | 1,385 | |
334,925,657 | |||
Electronic Equipment & Components - 3.2% | |||
ADDvantage Technologies Group, Inc. (b) | 11,707 | 16,858 | |
ADT, Inc. (a) | 500,555 | 4,479,967 | |
Akoustis Technologies, Inc. (a)(b) | 44,905 | 374,508 | |
Anixter International, Inc. (b) | 132,690 | 9,566,949 | |
Applied DNA Sciences, Inc. (a)(b) | 83,467 | 101,830 | |
Arrow Electronics, Inc. (b) | 396,273 | 30,723,046 | |
Avnet, Inc. | 521,353 | 25,233,485 | |
AVX Corp. | 228,995 | 4,843,244 | |
Badger Meter, Inc. | 132,432 | 7,277,138 | |
Bel Fuse, Inc. Class B (non-vtg.) | 43,341 | 1,241,720 | |
Belden, Inc. (a) | 182,012 | 13,235,913 | |
Benchmark Electronics, Inc. | 221,538 | 5,726,757 | |
Cardtronics PLC (b) | 203,855 | 7,153,272 | |
Casa Systems, Inc. (a)(b) | 37,182 | 546,204 | |
CDW Corp. | 674,246 | 59,036,980 | |
ClearSign Combustion Corp. (a)(b) | 88,193 | 180,796 | |
Cognex Corp. | 773,857 | 41,633,507 | |
Coherent, Inc. (a)(b) | 111,237 | 21,201,772 | |
Control4 Corp. (b) | 94,138 | 3,051,013 | |
CTS Corp. | 147,892 | 5,464,609 | |
CUI Global, Inc. (b) | 85,811 | 193,933 | |
Daktronics, Inc. | 187,333 | 1,519,271 | |
Data I/O Corp. (b) | 25,384 | 136,566 | |
Dell Technologies, Inc. (a)(b) | 890,312 | 85,621,305 | |
Digital Ally, Inc. (a)(b) | 14,722 | 38,277 | |
Dolby Laboratories, Inc. Class A | 281,007 | 19,723,881 | |
DPW Holdings, Inc. (a)(b) | 240,068 | 117,657 | |
Dynasil Corp. of America (b) | 9,233 | 12,557 | |
Echelon Corp. (b) | 10,643 | 89,933 | |
Electro Scientific Industries, Inc. (a)(b) | 159,386 | 3,498,523 | |
eMagin Corp. (a)(b) | 59,414 | 86,150 | |
ePlus, Inc. (b) | 63,782 | 6,611,004 | |
Fabrinet (a) | 166,602 | 7,975,238 | |
FARO Technologies, Inc. (b) | 75,680 | 5,161,376 | |
Fitbit, Inc. (a)(b) | 799,425 | 4,812,539 | |
Frequency Electronics, Inc. (b) | 18,014 | 149,516 | |
I. D. Systems Inc. (b) | 42,210 | 271,832 | |
Identiv, Inc. (b) | 44,096 | 267,663 | |
IEC Electronics Corp. (b) | 24,204 | 132,880 | |
II-VI, Inc. (a)(b) | 248,183 | 12,347,104 | |
Image Sensing Systems, Inc. (b) | 9,582 | 57,971 | |
Insight Enterprises, Inc. (b) | 157,850 | 8,703,849 | |
Intellicheck, Inc. (a)(b) | 10,517 | 22,822 | |
Iteris, Inc. (a)(b) | 122,630 | 631,545 | |
Itron, Inc. (b) | 157,894 | 10,484,162 | |
Jabil, Inc. | 758,876 | 22,432,375 | |
KEMET Corp. (b) | 218,232 | 5,639,115 | |
KEY Tronic Corp. (b) | 23,421 | 187,368 | |
Keysight Technologies, Inc. (b) | 835,288 | 54,201,838 | |
Kimball Electronics, Inc. (b) | 120,583 | 2,387,543 | |
Knowles Corp. (a)(b) | 409,668 | 7,427,281 | |
LGL Group, Inc. (b) | 5,167 | 39,373 | |
LightPath Technologies, Inc. Class A (a)(b) | 75,176 | 160,877 | |
Littelfuse, Inc. | 111,321 | 24,886,923 | |
LRAD Corp. (b) | 75,779 | 230,368 | |
Luna Innovations, Inc. (b) | 134,554 | 500,541 | |
Maxwell Technologies, Inc. (a)(b) | 187,957 | 671,006 | |
Mesa Laboratories, Inc. | 15,731 | 3,157,998 | |
Methode Electronics, Inc. Class A | 165,031 | 6,543,479 | |
MicroVision, Inc. (a)(b) | 416,568 | 445,728 | |
MTS Systems Corp. | 80,740 | 4,368,034 | |
Napco Security Technolgies, Inc. (b) | 54,451 | 822,210 | |
National Instruments Corp. | 487,285 | 23,267,859 | |
Neonode, Inc. (a)(b) | 119,716 | 36,513 | |
NetList, Inc. (a)(b) | 137,887 | 16,091 | |
Novanta, Inc. (b) | 143,360 | 10,981,376 | |
OSI Systems, Inc. (b) | 79,055 | 6,157,594 | |
Par Technology Corp. (a)(b) | 45,628 | 1,171,727 | |
Park Electrochemical Corp. | 94,387 | 2,017,994 | |
PC Connection, Inc. | 70,156 | 2,785,193 | |
PC Mall, Inc. (b) | 39,971 | 911,339 | |
Perceptron, Inc. (b) | 32,730 | 354,139 | |
Plexus Corp. (b) | 152,708 | 9,664,889 | |
RadiSys Corp. (b) | 138,192 | 219,725 | |
Research Frontiers, Inc. (a)(b) | 70,642 | 81,238 | |
RF Industries Ltd. (a) | 34,355 | 405,389 | |
Richardson Electronics Ltd. | 36,172 | 326,633 | |
Rogers Corp. (b) | 83,497 | 11,528,431 | |
Sanmina Corp. (b) | 310,952 | 9,577,322 | |
ScanSource, Inc. (b) | 115,525 | 4,696,091 | |
Sigmatron International, Inc. (b) | 11,250 | 79,538 | |
Superconductor Technologies, Inc. (a)(b) | 2,752 | 6,522 | |
SYNNEX Corp. | 129,311 | 12,539,288 | |
Tech Data Corp. (b) | 155,831 | 11,336,705 | |
Trimble, Inc. (b) | 1,112,266 | 46,826,399 | |
TTM Technologies, Inc. (a)(b) | 410,024 | 7,667,449 | |
Vishay Intertechnology, Inc. | 588,359 | 14,002,944 | |
Vishay Precision Group, Inc. (b) | 55,852 | 2,418,392 | |
Wayside Technology Group, Inc. | 13,193 | 158,316 | |
Wireless Telecom Group, Inc. (b) | 34,803 | 66,126 | |
Zebra Technologies Corp. Class A (b) | 238,033 | 40,879,787 | |
764,040,188 | |||
Internet Software & Services - 3.0% | |||
2U, Inc. (a)(b) | 254,227 | 22,717,725 | |
Alarm.com Holdings, Inc. (a)(b) | 113,106 | 6,366,737 | |
Amber Road, Inc. (b) | 72,188 | 630,201 | |
ANGI Homeservices, Inc. Class A (a)(b) | 234,164 | 5,071,992 | |
AppFolio, Inc. (b) | 53,537 | 4,572,060 | |
Apptio, Inc. Class A (b) | 140,710 | 5,459,548 | |
Autoweb, Inc. (b) | 46,143 | 159,655 | |
Benefitfocus, Inc. (a)(b) | 107,573 | 4,743,969 | |
BlackLine, Inc. (a)(b) | 176,458 | 9,309,924 | |
Box, Inc. Class A (a)(b) | 572,401 | 14,058,169 | |
Bridgeline Digital, Inc. (b) | 952 | 1,104 | |
Brightcove, Inc. (b) | 142,686 | 1,170,025 | |
BroadVision, Inc. (b) | 7,279 | 13,102 | |
Carbonite, Inc. (b) | 142,269 | 5,911,277 | |
Care.com, Inc. (b) | 69,638 | 1,353,066 | |
CarGurus, Inc. Class A (a) | 48,282 | 2,381,268 | |
ChannelAdvisor Corp. (b) | 110,549 | 1,442,664 | |
Cision Ltd. (a)(b) | 260,243 | 4,713,001 | |
Cloudera, Inc. (a)(b) | 388,032 | 5,824,360 | |
Cornerstone OnDemand, Inc. (b) | 240,452 | 13,599,965 | |
Coupa Software, Inc. (b) | 124,257 | 8,910,469 | |
Determine, Inc. (b) | 71,459 | 58,239 | |
DHI Group, Inc. (b) | 204,008 | 438,617 | |
DocuSign, Inc. (a) | 92,453 | 5,772,765 | |
Dropbox, Inc. Class A (a)(b) | 207,090 | 5,560,367 | |
DropCar, Inc. (a)(b) | 9,790 | 7,049 | |
eGain Communications Corp. (b) | 73,616 | 1,052,709 | |
Endurance International Group Holdings, Inc. (b) | 358,723 | 3,461,677 | |
Envestnet, Inc. (a)(b) | 202,403 | 12,791,870 | |
Etsy, Inc. (b) | 482,738 | 23,504,513 | |
Five9, Inc. (a)(b) | 246,048 | 11,822,606 | |
Fusion Connect, Inc. (a)(b) | 100,564 | 372,087 | |
GlowPoint, Inc. (a)(b) | 315,981 | 55,929 | |
GoDaddy, Inc. (b) | 740,510 | 60,321,945 | |
Gogo, Inc. (a)(b) | 264,954 | 1,189,643 | |
GrubHub, Inc. (a)(b) | 402,893 | 58,060,910 | |
GTT Communications, Inc. (a)(b) | 152,095 | 6,547,690 | |
Hortonworks, Inc. (b) | 296,071 | 6,608,305 | |
IAC/InterActiveCorp (b) | 348,213 | 68,667,604 | |
Instructure, Inc. (a)(b) | 130,588 | 5,347,579 | |
Internap Network Services Corp. (a)(b) | 59,742 | 801,738 | |
Inuvo, Inc. (b) | 95,405 | 61,059 | |
iPass, Inc. (a)(b) | 40,453 | 80,906 | |
Issuer Direct Corp. | 35,231 | 484,426 | |
Izea Worldwide, Inc. (a)(b) | 24,439 | 42,279 | |
j2 Global, Inc. (a) | 218,104 | 18,008,847 | |
Leaf Group Ltd. (b) | 63,831 | 705,333 | |
Limelight Networks, Inc. (b) | 525,907 | 2,666,348 | |
Liquidity Services, Inc. (b) | 94,355 | 679,356 | |
LivePerson, Inc. (b) | 257,488 | 6,926,427 | |
LogMeIn, Inc. | 231,236 | 19,874,734 | |
Marchex, Inc. Class B | 110,863 | 319,285 | |
Marin Software, Inc. (a)(b) | 10,816 | 36,234 | |
Match Group, Inc. (a)(b) | 280,019 | 14,014,951 | |
MeetMe, Inc. (a)(b) | 338,782 | 1,727,788 | |
MINDBODY, Inc. (a)(b) | 132,963 | 4,932,927 | |
MongoDB, Inc. Class A (a) | 107,602 | 7,743,040 | |
Net Element International, Inc. (a)(b) | 15,603 | 96,271 | |
New Relic, Inc. (a)(b) | 190,821 | 19,608,766 | |
Nutanix, Inc. Class A (b) | 318,414 | 17,933,076 | |
Okta, Inc. (b) | 333,092 | 20,595,078 | |
Pandora Media, Inc. (a)(b) | 1,136,304 | 10,499,449 | |
Professional Diversity Network, Inc. (a)(b) | 5,685 | 17,908 | |
Q2 Holdings, Inc. (a)(b) | 156,722 | 9,763,781 | |
QuinStreet, Inc. (b) | 165,257 | 2,506,949 | |
Qumu Corp. (b) | 82,505 | 200,487 | |
Quotient Technology, Inc. (a)(b) | 339,215 | 5,071,264 | |
Remark Holdings, Inc. (a)(b) | 88,573 | 311,777 | |
SecureWorks Corp. (a)(b) | 51,274 | 682,457 | |
SharpSpring, Inc. (b) | 4,489 | 63,699 | |
ShotSpotter, Inc. (a)(b) | 14,937 | 852,006 | |
Shutterstock, Inc. | 83,363 | 4,588,300 | |
SPS Commerce, Inc. (b) | 78,580 | 7,722,057 | |
Stamps.com, Inc. (b) | 74,421 | 18,489,897 | |
Support.com, Inc. (b) | 54,868 | 151,436 | |
Synacor, Inc. (a)(b) | 119,442 | 229,926 | |
TechTarget, Inc. (a)(b) | 91,845 | 2,203,362 | |
Telaria, Inc. (a)(b) | 115,090 | 473,020 | |
The Trade Desk, Inc. (a)(b) | 101,590 | 14,413,589 | |
Travelzoo, Inc. (b) | 31,997 | 396,763 | |
TrueCar, Inc. (a)(b) | 349,710 | 4,497,271 | |
Twilio, Inc. Class A (b) | 343,255 | 27,686,948 | |
Veritone, Inc. (a)(b) | 39,592 | 413,340 | |
Web.com Group, Inc. (b) | 225,073 | 6,290,790 | |
XO Group, Inc. (b) | 111,521 | 3,352,321 | |
Yelp, Inc. (a)(b) | 341,931 | 16,111,789 | |
Yext, Inc. (a)(b) | 297,956 | 7,407,186 | |
Zillow Group, Inc.: | |||
Class A (a)(b) | 244,868 | 11,778,151 | |
Class C (a)(b) | 530,658 | 25,816,512 | |
709,383,689 | |||
IT Services - 3.5% | |||
Acxiom Corp. (b) | 346,135 | 15,814,908 | |
ALJ Regional Holdings, Inc. (b) | 9,675 | 18,770 | |
Booz Allen Hamilton Holding Corp. Class A | 648,080 | 33,155,773 | |
CACI International, Inc. Class A (b) | 109,985 | 21,447,075 | |
Cass Information Systems, Inc. | 45,228 | 3,235,159 | |
Computer Task Group, Inc. (b) | 43,271 | 252,703 | |
Conduent, Inc. (b) | 878,350 | 20,360,153 | |
Convergys Corp. | 412,704 | 10,206,170 | |
CoreLogic, Inc. (b) | 367,288 | 18,672,922 | |
CSG Systems International, Inc. | 156,134 | 5,831,605 | |
CSP, Inc. | 3,489 | 46,159 | |
Edgewater Technology, Inc. (b) | 28,053 | 133,252 | |
EPAM Systems, Inc. (b) | 225,925 | 32,291,460 | |
Euronet Worldwide, Inc. (a)(b) | 229,811 | 22,475,516 | |
Everi Holdings, Inc. (b) | 309,065 | 2,679,594 | |
EVERTEC, Inc. | 269,766 | 6,487,872 | |
ExlService Holdings, Inc. (b) | 152,820 | 9,792,706 | |
First Data Corp. Class A (b) | 2,480,931 | 63,809,545 | |
Genpact Ltd. | 671,734 | 20,581,930 | |
Hackett Group, Inc. | 120,894 | 2,474,700 | |
Information Services Group, Inc. (b) | 106,909 | 529,200 | |
Innodata, Inc. (b) | 57,046 | 82,717 | |
Jack Henry & Associates, Inc. | 346,707 | 54,932,257 | |
Leidos Holdings, Inc. | 636,428 | 45,040,010 | |
ManTech International Corp. Class A | 121,604 | 8,064,777 | |
Maximus, Inc. | 291,106 | 19,358,549 | |
ModusLink Global Solutions, Inc. (b) | 124,462 | 272,572 | |
MoneyGram International, Inc. (b) | 141,146 | 918,860 | |
NIC, Inc. | 297,143 | 4,992,002 | |
Perficient, Inc. (b) | 163,968 | 4,710,801 | |
Perspecta, Inc. | 635,230 | 14,775,450 | |
PFSweb, Inc. (a)(b) | 68,404 | 588,958 | |
Presidio, Inc. (a) | 145,431 | 2,198,917 | |
PRG-Schultz International, Inc. (b) | 113,057 | 1,079,694 | |
Sabre Corp. | 1,123,171 | 29,325,995 | |
Science Applications International Corp. | 188,930 | 17,045,265 | |
ServiceSource International, Inc. (b) | 310,800 | 991,452 | |
Square, Inc. (a)(b) | 1,293,876 | 114,689,169 | |
StarTek, Inc. (a)(b) | 45,478 | 275,597 | |
Sykes Enterprises, Inc. (b) | 179,064 | 5,414,895 | |
Syntel, Inc. (b) | 172,317 | 7,020,195 | |
Teradata Corp. (a)(b) | 535,927 | 22,224,893 | |
Travelport Worldwide Ltd. | 573,717 | 10,653,925 | |
Ttec Holdings, Inc. | 70,995 | 1,860,069 | |
Unisys Corp. (a)(b) | 229,721 | 4,272,811 | |
Virtusa Corp. (b) | 125,755 | 7,326,486 | |
WEX, Inc. (b) | 177,390 | 33,743,126 | |
WidePoint Corp. (b) | 264,173 | 136,049 | |
Worldpay, Inc. (b) | 1,327,578 | 129,292,821 | |
831,585,484 | |||
Semiconductors & Semiconductor Equipment - 2.7% | |||
Acacia Communications, Inc. (a)(b) | 88,878 | 3,623,556 | |
Adesto Technologies Corp. (a)(b) | 106,207 | 642,552 | |
Advanced Energy Industries, Inc. (b) | 174,471 | 10,394,982 | |
AEHR Test Systems (b) | 77,697 | 196,573 | |
Alpha & Omega Semiconductor Ltd. (b) | 93,791 | 1,332,770 | |
Amkor Technology, Inc. (b) | 564,220 | 4,925,641 | |
Amtech Systems, Inc. (a)(b) | 53,049 | 291,239 | |
Aquantia Corp. (a)(b) | 37,349 | 472,091 | |
Atomera, Inc. (a)(b) | 35,732 | 192,595 | |
Axcelis Technologies, Inc. (b) | 141,353 | 2,855,331 | |
AXT, Inc. (a)(b) | 163,305 | 1,290,110 | |
Brooks Automation, Inc. | 321,681 | 12,677,448 | |
Cabot Microelectronics Corp. | 117,276 | 13,220,523 | |
Ceva, Inc. (b) | 101,466 | 3,104,860 | |
Cirrus Logic, Inc. (a)(b) | 270,017 | 11,867,247 | |
Cohu, Inc. | 136,900 | 3,611,422 | |
Cree, Inc. (a)(b) | 447,743 | 21,540,916 | |
CVD Equipment Corp. (a)(b) | 12,659 | 81,651 | |
CyberOptics Corp. (a)(b) | 31,816 | 709,497 | |
Cypress Semiconductor Corp. | 1,589,845 | 27,361,232 | |
Diodes, Inc. (b) | 171,896 | 6,518,296 | |
DSP Group, Inc. (b) | 98,205 | 1,261,934 | |
Entegris, Inc. | 631,248 | 21,399,307 | |
First Solar, Inc. (b) | 364,124 | 18,963,578 | |
FormFactor, Inc. (b) | 329,088 | 5,084,410 | |
GSI Technology, Inc. (b) | 64,516 | 452,257 | |
Ichor Holdings Ltd. (a)(b) | 108,787 | 2,820,847 | |
Impinj, Inc. (a)(b) | 86,502 | 1,858,063 | |
Inphi Corp. (a)(b) | 199,644 | 7,400,803 | |
Integrated Device Technology, Inc. (a)(b) | 572,192 | 24,312,438 | |
Intermolecular, Inc. (b) | 44,940 | 60,669 | |
Intest Corp. (b) | 33,374 | 292,023 | |
Kopin Corp. (a)(b) | 260,464 | 604,276 | |
Kulicke & Soffa Industries, Inc. | 312,955 | 8,071,109 | |
Lattice Semiconductor Corp. (b) | 587,755 | 4,813,713 | |
MACOM Technology Solutions Holdings, Inc. (a)(b) | 181,099 | 4,174,332 | |
Marvell Technology Group Ltd. | 2,597,123 | 53,708,504 | |
Maxim Integrated Products, Inc. | 1,245,719 | 75,328,628 | |
MaxLinear, Inc. Class A (a)(b) | 287,596 | 5,544,851 | |
MKS Instruments, Inc. | 244,160 | 22,682,464 | |
Monolithic Power Systems, Inc. | 172,955 | 25,920,766 | |
MoSys, Inc. (a)(b) | 16,268 | 13,665 | |
Nanometrics, Inc. (b) | 108,990 | 4,774,852 | |
NeoPhotonics Corp. (a)(b) | 159,367 | 1,400,836 | |
NVE Corp. | 22,079 | 2,509,941 | |
ON Semiconductor Corp. (b) | 1,908,857 | 40,735,008 | |
PDF Solutions, Inc. (a)(b) | 122,998 | 1,072,543 | |
Photronics, Inc. (b) | 319,010 | 3,413,407 | |
Pixelworks, Inc. (b) | 137,421 | 757,190 | |
Power Integrations, Inc. | 131,006 | 9,609,290 | |
QuickLogic Corp. (a)(b) | 362,578 | 395,210 | |
Rambus, Inc. (b) | 490,859 | 5,998,297 | |
Rubicon Technology, Inc. (a)(b) | 8,459 | 77,315 | |
Rudolph Technologies, Inc. (b) | 142,377 | 3,958,081 | |
Semtech Corp. (b) | 297,415 | 17,770,546 | |
Silicon Laboratories, Inc. (a)(b) | 195,953 | 19,203,394 | |
SMART Global Holdings, Inc. (a)(b) | 24,552 | 809,970 | |
SolarEdge Technologies, Inc. (a)(b) | 169,300 | 8,117,935 | |
SunPower Corp. (a)(b) | 277,488 | 1,864,719 | |
Synaptics, Inc. (a)(b) | 152,567 | 7,362,883 | |
Teradyne, Inc. | 852,655 | 35,120,859 | |
Ultra Clean Holdings, Inc. (b) | 175,068 | 2,671,538 | |
Universal Display Corp. (a) | 187,284 | 22,923,562 | |
Veeco Instruments, Inc. (b) | 224,720 | 2,696,640 | |
Versum Materials, Inc. | 493,451 | 19,634,415 | |
Xcerra Corp. (b) | 245,849 | 3,559,894 | |
Xperi Corp. | 215,562 | 3,384,323 | |
631,501,817 | |||
Software - 5.7% | |||
8x8, Inc. (b) | 425,789 | 9,665,410 | |
A10 Networks, Inc. (b) | 222,356 | 1,549,821 | |
ACI Worldwide, Inc. (a)(b) | 532,148 | 15,118,325 | |
Agilysys, Inc. (b) | 71,034 | 1,141,516 | |
Altair Engineering, Inc. Class A (b) | 114,885 | 4,798,746 | |
American Software, Inc. Class A | 136,738 | 2,458,549 | |
Appian Corp. Class A (a)(b) | 70,144 | 2,450,130 | |
Aspen Technology, Inc. (b) | 316,092 | 36,464,373 | |
Asure Software, Inc. (a)(b) | 56,901 | 855,222 | |
Avaya Holdings Corp. (a)(b) | 467,440 | 10,919,398 | |
Aware, Inc. (b) | 24,042 | 85,349 | |
Black Knight, Inc. (b) | 626,017 | 33,429,308 | |
Blackbaud, Inc. | 216,943 | 22,685,730 | |
Bottomline Technologies, Inc. (b) | 158,373 | 10,447,867 | |
BSQUARE Corp. (b) | 35,232 | 81,034 | |
Cardlytics, Inc. (a)(b) | 33,762 | 688,407 | |
CDK Global, Inc. | 549,282 | 34,231,254 | |
Ceridian HCM Holding, Inc. (a) | 96,980 | 3,733,730 | |
CommVault Systems, Inc. (b) | 193,014 | 13,443,425 | |
Datawatch Corp. (b) | 54,004 | 688,551 | |
Digimarc Corp. (a)(b) | 51,774 | 1,529,922 | |
Digital Turbine, Inc. (a)(b) | 234,348 | 328,087 | |
Ebix, Inc. | 101,347 | 8,072,289 | |
Ellie Mae, Inc. (a)(b) | 153,926 | 16,219,183 | |
Everbridge, Inc. (a)(b) | 80,489 | 4,846,243 | |
Evolving Systems, Inc. (b) | 27,005 | 61,436 | |
Fair Isaac Corp. (b) | 132,117 | 30,516,385 | |
Finjan Holdings, Inc. (b) | 50,868 | 223,311 | |
FireEye, Inc. (a)(b) | 807,674 | 13,407,388 | |
Forescout Technologies, Inc. (b) | 99,448 | 3,587,089 | |
Fortinet, Inc. (b) | 644,919 | 54,018,415 | |
Globalscape, Inc. | 28,877 | 114,064 | |
Glu Mobile, Inc. (b) | 487,546 | 3,754,104 | |
GSE Systems, Inc. (b) | 32,533 | 108,986 | |
Guidewire Software, Inc. (a)(b) | 356,649 | 35,868,190 | |
HubSpot, Inc. (a)(b) | 160,052 | 22,999,472 | |
Imperva, Inc. (b) | 148,674 | 7,009,979 | |
Inseego Corp. (a)(b) | 191,007 | 597,852 | |
Majesco (b) | 51,570 | 368,726 | |
MAM Software Group, Inc. (b) | 1,166 | 9,375 | |
Manhattan Associates, Inc. (a)(b) | 297,348 | 17,243,211 | |
MicroStrategy, Inc. Class A (b) | 44,348 | 6,607,852 | |
Mitek Systems, Inc. (a)(b) | 151,799 | 1,100,543 | |
MobileIron, Inc. (b) | 254,713 | 1,248,094 | |
Model N, Inc. (b) | 118,318 | 2,011,406 | |
Monotype Imaging Holdings, Inc. | 194,093 | 3,998,316 | |
NetSol Technologies, Inc. (b) | 36,495 | 215,321 | |
Nuance Communications, Inc. (b) | 1,215,134 | 19,830,987 | |
NXT-ID, Inc. (a)(b) | 86,540 | 147,983 | |
Onespan, Inc. (b) | 140,203 | 2,628,806 | |
Parametric Technology Corp. (b) | 512,569 | 51,226,146 | |
Park City Group, Inc. (a)(b) | 64,528 | 545,262 | |
Paycom Software, Inc. (a)(b) | 216,789 | 33,628,310 | |
Paylocity Holding Corp. (a)(b) | 122,902 | 9,763,335 | |
Pegasystems, Inc. | 168,031 | 10,703,575 | |
Pivotal Software, Inc. (a) | 176,475 | 4,897,181 | |
Pluralsight, Inc. (a) | 95,559 | 3,265,251 | |
Progress Software Corp. | 207,752 | 8,503,289 | |
Proofpoint, Inc. (b) | 225,679 | 26,776,813 | |
PROS Holdings, Inc. (a)(b) | 151,649 | 5,592,815 | |
QAD, Inc.: | |||
Class A | 29,880 | 1,812,222 | |
Class B | 23,915 | 1,134,767 | |
Qualys, Inc. (b) | 147,719 | 13,449,815 | |
Rapid7, Inc. (b) | 182,961 | 6,979,962 | |
RealNetworks, Inc. (b) | 88,984 | 284,749 | |
RealPage, Inc. (b) | 320,648 | 20,008,435 | |
Red Violet, Inc. (a)(b) | 23,864 | 184,946 | |
RingCentral, Inc. (a)(b) | 298,721 | 27,825,861 | |
Rosetta Stone, Inc. (b) | 75,204 | 1,188,223 | |
RumbleON, Inc. Class B | 7,424 | 63,624 | |
SailPoint Technologies Holding, Inc. (b) | 288,199 | 8,913,995 | |
SeaChange International, Inc. (b) | 123,967 | 204,546 | |
SendGrid, Inc. (b) | 54,973 | 1,993,871 | |
ServiceNow, Inc. (b) | 787,878 | 154,707,724 | |
ShiftPixy, Inc. (a)(b) | 15,135 | 50,551 | |
SITO Mobile Ltd. (a)(b) | 74,241 | 147,740 | |
Smartsheet, Inc. (a) | 62,648 | 1,862,525 | |
Smith Micro Software, Inc. (a)(b) | 65,744 | 163,045 | |
Snap, Inc. Class A (a)(b) | 1,137,231 | 12,395,818 | |
Sonic Foundry, Inc. (a)(b) | 55,955 | 96,802 | |
Splunk, Inc. (b) | 647,285 | 82,949,573 | |
SS&C Technologies Holdings, Inc. | 892,623 | 52,968,249 | |
Tableau Software, Inc. (a)(b) | 303,365 | 33,934,409 | |
TeleNav, Inc. (b) | 138,127 | 773,511 | |
The Rubicon Project, Inc. (b) | 185,651 | 738,891 | |
TiVo Corp. | 566,150 | 7,727,948 | |
Tyler Technologies, Inc. (a)(b) | 158,771 | 39,208,498 | |
Ultimate Software Group, Inc. (a)(b) | 129,249 | 40,024,538 | |
Upland Software, Inc. (b) | 48,426 | 1,802,416 | |
Varonis Systems, Inc. (b) | 89,746 | 6,632,229 | |
Verint Systems, Inc. (b) | 288,088 | 13,986,672 | |
VirnetX Holding Corp. (a)(b) | 224,849 | 753,244 | |
VMware, Inc. Class A (a)(b) | 309,688 | 47,462,783 | |
Workday, Inc. Class A (a)(b) | 652,657 | 100,861,613 | |
Workiva, Inc. (a)(b) | 120,722 | 4,448,606 | |
Zedge, Inc. (b) | 22,584 | 66,171 | |
Zendesk, Inc. (b) | 465,206 | 32,048,041 | |
Zix Corp. (b) | 274,741 | 1,524,813 | |
Zscaler, Inc. (a)(b) | 64,761 | 2,771,123 | |
Zuora, Inc. (a) | 52,810 | 1,456,500 | |
Zynga, Inc. (b) | 3,489,348 | 14,515,688 | |
1,358,635,874 | |||
Technology Hardware, Storage & Peripherals - 0.3% | |||
3D Systems Corp. (a)(b) | 503,689 | 10,250,071 | |
Astro-Med, Inc. | 70,231 | 1,555,617 | |
Avid Technology, Inc. (a)(b) | 150,202 | 889,196 | |
CPI Card Group (a)(b) | 14,163 | 44,755 | |
Cray, Inc. (b) | 177,191 | 3,845,045 | |
Diebold Nixdorf, Inc. (a) | 339,412 | 1,612,207 | |
Eastman Kodak Co. (a)(b) | 178,692 | 580,749 | |
Electronics for Imaging, Inc. (a)(b) | 196,301 | 6,829,312 | |
Everspin Technologies, Inc. (a)(b) | 33,541 | 310,254 | |
Immersion Corp. (b) | 136,771 | 1,589,279 | |
Intevac, Inc. (b) | 81,125 | 468,497 | |
NCR Corp. (a)(b) | 523,702 | 14,878,374 | |
Pure Storage, Inc. Class A (a)(b) | 536,371 | 14,396,198 | |
Qualstar Corp. (a)(b) | 11,767 | 95,901 | |
Quantum Corp. (a)(b) | 140,061 | 282,923 | |
Transact Technologies, Inc. | 27,805 | 392,051 | |
U.S.A. Technologies, Inc. (b) | 239,730 | 3,895,613 | |
61,916,042 | |||
TOTAL INFORMATION TECHNOLOGY | 4,691,988,751 | ||
MATERIALS - 5.0% | |||
Chemicals - 2.4% | |||
A. Schulman, Inc. rights (b)(d) | 134,313 | 256,538 | |
Advanced Emissions Solutions, Inc. (a) | 92,967 | 1,061,683 | |
AdvanSix, Inc. (b) | 140,165 | 4,743,184 | |
AgroFresh Solutions, Inc. (a)(b) | 114,965 | 764,517 | |
American Vanguard Corp. | 117,647 | 2,576,469 | |
Ashland Global Holdings, Inc. | 278,165 | 23,421,493 | |
Axalta Coating Systems Ltd. (b) | 983,977 | 30,011,299 | |
Balchem Corp. (a) | 143,906 | 15,957,736 | |
Cabot Corp. | 277,404 | 18,009,068 | |
Celanese Corp. Class A | 606,549 | 70,863,120 | |
Chase Corp. | 32,571 | 4,037,175 | |
Core Molding Technologies, Inc. | 29,730 | 272,624 | |
Ferro Corp. (b) | 376,167 | 8,256,866 | |
Flotek Industries, Inc. (a)(b) | 264,681 | 659,056 | |
FutureFuel Corp. | 102,472 | 1,519,660 | |
H.B. Fuller Co. | 224,309 | 12,783,370 | |
Hawkins, Inc. | 43,033 | 1,777,263 | |
Huntsman Corp. | 937,897 | 28,596,480 | |
Ingevity Corp. (b) | 188,967 | 19,087,557 | |
Innophos Holdings, Inc. | 91,648 | 4,005,934 | |
Innospec, Inc. | 114,722 | 8,902,427 | |
Intrepid Potash, Inc. (b) | 450,889 | 1,533,023 | |
KMG Chemicals, Inc. | 53,527 | 4,147,272 | |
Koppers Holdings, Inc. (b) | 95,695 | 3,392,388 | |
Kraton Performance Polymers, Inc. (b) | 141,371 | 6,648,678 | |
Kronos Worldwide, Inc. | 98,226 | 1,977,289 | |
Loop Industries, Inc. (a)(b) | 1,840 | 18,179 | |
LSB Industries, Inc. (a)(b) | 90,767 | 791,488 | |
MagneGas Corp. (b) | 481 | 96 | |
Marrone Bio Innovations, Inc. (a)(b) | 133,190 | 277,701 | |
Minerals Technologies, Inc. | 158,189 | 10,622,391 | |
NewMarket Corp. (a) | 42,029 | 16,855,310 | |
Northern Technologies International Corp. | 5,699 | 204,024 | |
Olin Corp. | 747,477 | 22,969,968 | |
OMNOVA Solutions, Inc. (b) | 197,283 | 1,785,411 | |
Platform Specialty Products Corp. (b) | 968,588 | 12,843,477 | |
PolyOne Corp. | 361,186 | 15,263,720 | |
PQ Group Holdings, Inc. (a) | 141,606 | 2,520,587 | |
Quaker Chemical Corp. | 60,655 | 10,926,392 | |
Rayonier Advanced Materials, Inc. | 237,501 | 4,963,771 | |
RPM International, Inc. | 598,621 | 40,406,918 | |
Senomyx, Inc. (a)(b) | 173,392 | 199,401 | |
Sensient Technologies Corp. (a) | 189,772 | 13,477,607 | |
Stepan Co. | 90,484 | 8,072,078 | |
The Chemours Co. LLC | 792,438 | 34,550,297 | |
The Scotts Miracle-Gro Co. Class A | 173,383 | 12,955,178 | |
Trecora Resources (b) | 73,260 | 1,025,640 | |
Tredegar Corp. | 118,547 | 2,602,107 | |
Trinseo SA | 194,714 | 15,022,185 | |
Tronox Ltd. Class A | 426,311 | 6,901,975 | |
Valhi, Inc. | 96,973 | 320,011 | |
Valvoline, Inc. | 872,050 | 18,766,516 | |
Venator Materials PLC | 214,416 | 2,590,145 | |
W.R. Grace & Co. | 299,273 | 21,146,630 | |
Westlake Chemical Corp. | 160,857 | 15,212,246 | |
568,553,618 | |||
Construction Materials - 0.2% | |||
Eagle Materials, Inc. | 211,268 | 19,506,374 | |
Forterra, Inc. (a)(b) | 86,988 | 735,918 | |
Foundation Building Materials, Inc. (b) | 59,843 | 826,432 | |
nVent Electric PLC | 727,207 | 20,427,245 | |
Summit Materials, Inc. (a) | 496,820 | 10,567,361 | |
Tecnoglass, Inc. (a) | 22,511 | 210,928 | |
U.S. Concrete, Inc. (a)(b) | 74,738 | 3,602,372 | |
United States Lime & Minerals, Inc. | 10,066 | 763,909 | |
56,640,539 | |||
Containers & Packaging - 0.8% | |||
Aptargroup, Inc. | 278,266 | 29,137,233 | |
Bemis Co., Inc. | 405,500 | 19,983,040 | |
Berry Global Group, Inc. (b) | 583,510 | 27,850,932 | |
Crown Holdings, Inc. (a)(b) | 599,711 | 25,673,628 | |
Graphic Packaging Holding Co. | 1,373,376 | 19,529,407 | |
Greif, Inc.: | |||
Class A | 127,041 | 7,010,122 | |
Class B | 6,373 | 362,305 | |
Myers Industries, Inc. | 125,306 | 2,788,059 | |
Owens-Illinois, Inc. (b) | 726,460 | 12,836,548 | |
Silgan Holdings, Inc. | 332,687 | 9,065,721 | |
Sonoco Products Co. | 444,581 | 24,914,319 | |
UFP Technologies, Inc. (b) | 22,187 | 782,092 | |
179,933,406 | |||
Metals & Mining - 1.2% | |||
AK Steel Holding Corp. (a)(b) | 1,414,277 | 6,279,390 | |
Alcoa Corp. (b) | 776,561 | 34,688,980 | |
Allegheny Technologies, Inc. (a)(b) | 557,008 | 15,055,926 | |
Ampco-Pittsburgh Corp. (b) | 38,813 | 293,038 | |
Atkore International Group, Inc. (b) | 182,585 | 4,999,177 | |
Carpenter Technology Corp. | 209,937 | 12,526,941 | |
Century Aluminum Co. (a)(b) | 227,020 | 2,864,992 | |
Cleveland-Cliffs, Inc. (a)(b) | 1,327,574 | 13,342,119 | |
Coeur d'Alene Mines Corp. (a)(b) | 857,086 | 4,868,248 | |
Commercial Metals Co. (a) | 528,765 | 11,421,324 | |
Compass Minerals International, Inc. (a) | 154,492 | 9,663,475 | |
Comstock Mining, Inc. (a)(b) | 43,965 | 7,694 | |
Friedman Industries | 25,968 | 268,249 | |
General Moly, Inc. (b) | 199,078 | 77,640 | |
Gold Resource Corp. | 254,210 | 1,311,724 | |
Golden Minerals Co. (a)(b) | 162,066 | 44,374 | |
Haynes International, Inc. | 54,352 | 2,141,469 | |
Hecla Mining Co. (a) | 2,145,563 | 6,093,399 | |
Kaiser Aluminum Corp. | 75,360 | 8,258,702 | |
Materion Corp. | 88,833 | 5,667,545 | |
McEwen Mining, Inc. (a) | 1,170,839 | 2,306,553 | |
Olympic Steel, Inc. | 41,185 | 907,717 | |
Paramount Gold Nevada Corp. (a)(b) | 22,322 | 22,992 | |
Pershing Gold Corp. (a)(b) | 67,767 | 88,775 | |
Reliance Steel & Aluminum Co. | 322,506 | 28,345,052 | |
Royal Gold, Inc. | 293,926 | 22,414,797 | |
Ryerson Holding Corp. (b) | 75,567 | 785,897 | |
Schnitzer Steel Industries, Inc. Class A (a) | 129,052 | 3,400,520 | |
Solitario Exploration & Royalty Corp. (b) | 56,754 | 21,464 | |
Steel Dynamics, Inc. | 1,049,972 | 48,015,220 | |
SunCoke Energy, Inc. (b) | 290,025 | 3,236,679 | |
Synalloy Corp. (a) | 36,188 | 830,515 | |
TimkenSteel Corp. (a)(b) | 177,269 | 2,483,539 | |
U.S. Antimony Corp. (b) | 112,677 | 67,606 | |
U.S. Gold Corp. | 271 | 309 | |
United States Steel Corp. | 784,075 | 23,271,346 | |
Universal Stainless & Alloy Products, Inc. (b) | 38,127 | 1,154,486 | |
Warrior Metropolitan Coal, Inc. (a) | 193,102 | 4,644,103 | |
Worthington Industries, Inc. | 195,706 | 9,115,985 | |
290,987,961 | |||
Paper & Forest Products - 0.4% | |||
Boise Cascade Co. | 180,079 | 7,869,452 | |
Clearwater Paper Corp. (b) | 73,623 | 2,138,748 | |
Domtar Corp. | 285,301 | 14,521,821 | |
Kapstone Paper & Packaging Corp. | 390,949 | 13,429,098 | |
Louisiana-Pacific Corp. | 649,846 | 18,949,509 | |
Mercer International, Inc. (SBI) | 214,087 | 3,789,340 | |
Neenah, Inc. | 79,790 | 7,280,838 | |
P.H. Glatfelter Co. | 192,702 | 3,705,659 | |
Resolute Forest Products (b) | 407,572 | 5,604,115 | |
Schweitzer-Mauduit International, Inc. | 137,070 | 5,577,378 | |
Verso Corp. (b) | 152,411 | 4,784,181 | |
87,650,139 | |||
TOTAL MATERIALS | 1,183,765,663 | ||
REAL ESTATE - 8.0% | |||
Equity Real Estate Investment Trusts (REITs) - 7.5% | |||
Acadia Realty Trust (SBI) | 372,096 | 10,612,178 | |
Agree Realty Corp. | 142,365 | 8,124,771 | |
Alexander & Baldwin, Inc. | 312,016 | 7,323,016 | |
Alexanders, Inc. | 17,139 | 6,185,979 | |
American Assets Trust, Inc. | 196,857 | 7,775,852 | |
American Campus Communities, Inc. | 607,152 | 25,457,883 | |
American Homes 4 Rent Class A | 1,135,265 | 26,338,148 | |
Americold Realty Trust | 210,074 | 5,230,843 | |
Apple Hospitality (REIT), Inc. | 977,818 | 17,258,488 | |
Armada Hoffler Properties, Inc. | 218,174 | 3,401,333 | |
Ashford Hospitality Trust, Inc. | 421,427 | 2,735,061 | |
Bluerock Residential Growth (REIT), Inc. (a) | 97,765 | 966,896 | |
Braemar Hotels & Resorts, Inc. | 138,266 | 1,596,972 | |
Brandywine Realty Trust (SBI) | 796,532 | 13,349,876 | |
Brixmor Property Group, Inc. | 1,346,958 | 24,541,575 | |
BRT Realty Trust | 35,820 | 461,003 | |
Camden Property Trust (SBI) | 409,530 | 38,929,922 | |
CareTrust (REIT), Inc. | 361,368 | 6,667,240 | |
CatchMark Timber Trust, Inc. | 220,765 | 2,768,393 | |
CBL & Associates Properties, Inc. (a) | 772,823 | 3,446,791 | |
Cedar Realty Trust, Inc. | 348,746 | 1,558,895 | |
Chatham Lodging Trust | 215,213 | 4,616,319 | |
Chesapeake Lodging Trust | 269,215 | 8,859,866 | |
CIM Commercial Trust Corp. | 62,574 | 976,154 | |
City Office REIT, Inc. | 163,548 | 2,111,405 | |
Clipper Realty, Inc. | 58,110 | 708,942 | |
Colony NorthStar, Inc. (a) | 2,210,417 | 13,549,856 | |
Columbia Property Trust, Inc. | 544,617 | 13,114,377 | |
Community Healthcare Trust, Inc. | 84,297 | 2,615,736 | |
Condor Hospitality Trust, Inc. | 248 | 2,592 | |
CorEnergy Infrastructure Trust, Inc. (a) | 53,602 | 2,006,323 | |
CorePoint Lodging, Inc. (b) | 181,624 | 3,786,860 | |
CoreSite Realty Corp. | 161,703 | 18,833,548 | |
Corporate Office Properties Trust (SBI) | 466,030 | 14,344,403 | |
Corrections Corp. of America | 534,554 | 13,839,603 | |
Cousins Properties, Inc. | 1,862,664 | 17,415,908 | |
CubeSmart | 813,933 | 24,865,653 | |
CyrusOne, Inc. | 441,382 | 29,554,939 | |
DDR Corp. | 679,563 | 9,507,086 | |
DiamondRock Hospitality Co. | 898,155 | 10,741,934 | |
Douglas Emmett, Inc. | 698,986 | 27,302,393 | |
Easterly Government Properties, Inc. | 267,657 | 5,420,054 | |
EastGroup Properties, Inc. | 155,987 | 15,172,855 | |
Education Realty Trust, Inc. | 357,229 | 14,782,136 | |
Empire State Realty Trust, Inc. | 606,613 | 10,670,323 | |
EPR Properties | 289,117 | 20,290,231 | |
Equity Commonwealth (b) | 541,840 | 17,371,390 | |
Equity Lifestyle Properties, Inc. | 394,869 | 38,254,909 | |
Farmland Partners, Inc. (a) | 178,574 | 1,260,732 | |
First Industrial Realty Trust, Inc. | 546,807 | 17,749,355 | |
Forest City Realty Trust, Inc. Class A | 1,196,795 | 30,099,394 | |
Four Corners Property Trust, Inc. | 309,736 | 8,344,288 | |
Franklin Street Properties Corp. | 492,298 | 4,218,994 | |
Front Yard Residential Corp. Class B | 237,862 | 2,906,674 | |
Gaming & Leisure Properties | 888,259 | 31,790,790 | |
Getty Realty Corp. | 153,683 | 4,473,712 | |
Gladstone Commercial Corp. | 160,908 | 3,203,678 | |
Gladstone Land Corp. (a) | 65,467 | 896,898 | |
Global Medical REIT, Inc. (a) | 86,806 | 830,733 | |
Global Net Lease, Inc. | 340,989 | 7,396,051 | |
Global Self Storage, Inc. | 69,168 | 293,272 | |
Government Properties Income Trust (a) | 440,563 | 7,449,920 | |
Gramercy Property Trust | 698,536 | 19,104,960 | |
Healthcare Realty Trust, Inc. | 565,897 | 17,520,171 | |
Healthcare Trust of America, Inc. | 919,938 | 26,282,629 | |
Hersha Hospitality Trust | 176,585 | 4,167,406 | |
Highwoods Properties, Inc. (SBI) | 456,089 | 22,685,867 | |
Hospitality Properties Trust (SBI) | 739,283 | 21,431,814 | |
Hudson Pacific Properties, Inc. | 699,512 | 23,671,486 | |
Independence Realty Trust, Inc. | 384,410 | 3,970,955 | |
Industrial Logistics Properties Trust | 93,306 | 2,245,875 | |
InfraReit, Inc. | 177,881 | 3,715,934 | |
Investors Real Estate Trust | 557,381 | 3,037,726 | |
Invitation Homes, Inc. | 1,269,933 | 29,678,334 | |
iStar Financial, Inc. (a) | 328,567 | 3,676,665 | |
JBG SMITH Properties | 424,286 | 15,893,754 | |
Jernigan Capital, Inc. | 77,285 | 1,546,473 | |
Kilroy Realty Corp. | 439,609 | 32,153,002 | |
Kite Realty Group Trust | 372,502 | 6,511,335 | |
Lamar Advertising Co. Class A | 372,834 | 28,726,860 | |
LaSalle Hotel Properties (SBI) | 491,874 | 17,269,696 | |
Lexington Corporate Properties Trust | 974,247 | 9,099,467 | |
Liberty Property Trust (SBI) | 652,680 | 28,554,750 | |
Life Storage, Inc. | 204,530 | 19,962,128 | |
LTC Properties, Inc. | 182,502 | 8,477,218 | |
Mack-Cali Realty Corp. | 421,592 | 9,207,569 | |
MedEquities Realty Trust, Inc. | 140,497 | 1,504,723 | |
Medical Properties Trust, Inc. | 1,634,802 | 24,603,770 | |
Monmouth Real Estate Investment Corp. Class A | 359,421 | 6,250,331 | |
National Health Investors, Inc. | 188,801 | 14,962,479 | |
National Retail Properties, Inc. | 682,478 | 31,455,411 | |
National Storage Affiliates Trust | 250,833 | 7,113,624 | |
New Senior Investment Group, Inc. | 361,016 | 2,288,841 | |
NexPoint Residential Trust, Inc. | 105,661 | 3,412,850 | |
NorthStar Realty Europe Corp. | 259,554 | 3,561,081 | |
Omega Healthcare Investors, Inc. (a) | 884,743 | 29,240,756 | |
One Liberty Properties, Inc. | 71,120 | 2,047,545 | |
Outfront Media, Inc. | 628,891 | 12,496,064 | |
Paramount Group, Inc. | 931,818 | 14,797,270 | |
Park Hotels & Resorts, Inc. | 894,644 | 29,925,842 | |
Pebblebrook Hotel Trust (a) | 304,800 | 11,768,328 | |
Pennsylvania Real Estate Investment Trust (SBI) | 306,593 | 3,127,249 | |
Physicians Realty Trust | 840,176 | 14,694,678 | |
Piedmont Office Realty Trust, Inc. Class A | 585,487 | 11,616,062 | |
Plymouth Industrial REIT, Inc. | 2,621 | 42,277 | |
Potlatch Corp. | 270,196 | 13,050,467 | |
Power (REIT) (b) | 1,204 | 7,284 | |
Preferred Apartment Communities, Inc. Class A | 177,055 | 3,155,120 | |
PS Business Parks, Inc. | 91,900 | 11,986,517 | |
QTS Realty Trust, Inc. Class A | 230,116 | 10,523,205 | |
Ramco-Gershenson Properties Trust (SBI) | 365,581 | 5,103,511 | |
Rayonier, Inc. | 572,166 | 19,928,542 | |
Regional Health Properties, Inc. (b) | 39,804 | 5,175 | |
Retail Opportunity Investments Corp. | 508,249 | 10,032,835 | |
Retail Properties America, Inc. | 988,866 | 12,588,264 | |
Rexford Industrial Realty, Inc. | 406,788 | 13,220,610 | |
RLJ Lodging Trust | 784,724 | 17,193,303 | |
Ryman Hospitality Properties, Inc. | 228,284 | 20,255,639 | |
Sabra Health Care REIT, Inc. | 799,559 | 18,853,601 | |
Safety Income and Growth, Inc. | 45,219 | 746,114 | |
Saul Centers, Inc. | 57,521 | 3,451,260 | |
Select Income REIT | 303,418 | 6,235,240 | |
Senior Housing Properties Trust (SBI) | 1,081,837 | 20,673,905 | |
Seritage Growth Properties (a) | 117,633 | 6,055,747 | |
Sotherly Hotels, Inc. | 41,362 | 304,838 | |
Spirit MTA REIT (a) | 195,715 | 2,098,065 | |
Spirit Realty Capital, Inc. | 1,871,385 | 15,663,492 | |
Stag Industrial, Inc. | 466,598 | 13,470,684 | |
Store Capital Corp. | 755,979 | 21,779,755 | |
Summit Hotel Properties, Inc. | 480,511 | 6,597,416 | |
Sun Communities, Inc. | 355,413 | 36,671,513 | |
Sunstone Hotel Investors, Inc. | 997,120 | 16,731,674 | |
Tanger Factory Outlet Centers, Inc. (a) | 427,343 | 10,281,873 | |
Taubman Centers, Inc. | 273,065 | 17,642,730 | |
Terreno Realty Corp. | 242,580 | 9,317,498 | |
The GEO Group, Inc. | 547,300 | 13,885,001 | |
TIER REIT, Inc. | 226,769 | 5,406,173 | |
UMH Properties, Inc. | 171,977 | 2,744,753 | |
Uniti Group, Inc. (a) | 732,806 | 15,257,021 | |
Universal Health Realty Income Trust (SBI) | 64,392 | 4,909,890 | |
Urban Edge Properties | 491,167 | 11,228,078 | |
Urstadt Biddle Properties, Inc. Class A | 143,066 | 3,254,752 | |
VEREIT, Inc. | 4,256,407 | 33,285,103 | |
Washington Prime Group, Inc. | 852,809 | 6,600,742 | |
Washington REIT (SBI) | 354,011 | 11,172,587 | |
Weingarten Realty Investors (SBI) | 543,638 | 16,814,723 | |
Wheeler REIT, Inc. (a) | 33,737 | 185,891 | |
Whitestone REIT Class B | 177,576 | 2,422,137 | |
WP Carey, Inc. | 480,202 | 31,971,849 | |
Xenia Hotels & Resorts, Inc. | 486,556 | 11,803,849 | |
1,774,431,082 | |||
Real Estate Management & Development - 0.5% | |||
Altisource Asset Management Corp. (a)(b) | 2,426 | 150,533 | |
Altisource Portfolio Solutions SA (a)(b) | 52,112 | 1,883,849 | |
American Realty Investments, Inc. (a)(b) | 1,984 | 33,530 | |
Boston Omaha Corp. (b) | 14,617 | 379,457 | |
Consolidated-Tomoka Land Co. | 23,748 | 1,490,899 | |
Forestar Group, Inc. (a)(b) | 47,373 | 1,217,486 | |
FRP Holdings, Inc. (a)(b) | 40,472 | 2,642,822 | |
Griffin Industrial Realty, Inc. | 7,815 | 313,382 | |
HFF, Inc. | 169,808 | 7,710,981 | |
Howard Hughes Corp. (b) | 171,471 | 22,354,674 | |
InterGroup Corp. (b) | 829 | 23,046 | |
J.W. Mays, Inc. (b) | 15 | 552 | |
Jones Lang LaSalle, Inc. | 201,104 | 30,672,382 | |
Kennedy-Wilson Holdings, Inc. | 565,207 | 12,123,690 | |
Marcus & Millichap, Inc. (b) | 69,555 | 2,532,498 | |
Maui Land & Pineapple, Inc. (a)(b) | 29,867 | 379,311 | |
RE/MAX Holdings, Inc. | 80,431 | 3,961,227 | |
Realogy Holdings Corp. (a) | 573,287 | 12,262,609 | |
Redfin Corp. (a)(b) | 301,086 | 5,964,514 | |
Retail Value, Inc. (b) | 67,956 | 2,427,388 | |
Stratus Properties, Inc. (b) | 12,564 | 381,946 | |
Tejon Ranch Co. (b) | 78,871 | 1,753,302 | |
The St. Joe Co. (a)(b) | 299,484 | 5,151,125 | |
Transcontinental Realty Investors, Inc. (b) | 1,482 | 45,038 | |
Trinity Place Holdings, Inc. (b) | 36,266 | 221,223 | |
VICI Properties, Inc. | 307,534 | 6,430,536 | |
122,508,000 | |||
TOTAL REAL ESTATE | 1,896,939,082 | ||
TELECOMMUNICATION SERVICES - 0.9% | |||
Diversified Telecommunication Services - 0.3% | |||
Alaska Communication Systems Group, Inc. (b) | 193,163 | 380,531 | |
Atlantic Tele-Network, Inc. | 48,210 | 3,530,418 | |
Bandwidth, Inc. (b) | 21,076 | 960,223 | |
Cincinnati Bell, Inc. (a)(b) | 249,327 | 3,241,251 | |
Cogent Communications Group, Inc. | 191,000 | 10,447,700 | |
Consolidated Communications Holdings, Inc. (a) | 281,112 | 3,319,933 | |
Frontier Communications Corp. (a) | 338,667 | 1,761,068 | |
Globalstar, Inc. (a)(b) | 1,855,563 | 946,152 | |
IDT Corp. Class B | 87,883 | 464,901 | |
Iridium Communications, Inc. (a)(b) | 370,667 | 7,506,007 | |
Ooma, Inc. (a)(b) | 84,984 | 1,359,744 | |
ORBCOMM, Inc. (a)(b) | 350,299 | 3,779,726 | |
Pareteum Corp. (a)(b) | 235,335 | 649,525 | |
PDVWireless, Inc. (a)(b) | 45,082 | 1,354,714 | |
Vonage Holdings Corp. (b) | 968,785 | 13,737,371 | |
WideOpenWest, Inc. (a)(b) | 109,124 | 1,271,295 | |
Windstream Holdings, Inc. (a)(b) | 177,891 | 837,867 | |
Zayo Group Holdings, Inc. (b) | 831,613 | 28,823,707 | |
84,372,133 | |||
Wireless Telecommunication Services - 0.6% | |||
Airgain, Inc. (a)(b) | 23,662 | 281,578 | |
Boingo Wireless, Inc. (b) | 185,532 | 6,137,399 | |
NII Holdings, Inc. (a)(b) | 448,686 | 2,575,458 | |
Shenandoah Telecommunications Co. | 213,485 | 8,144,453 | |
Spok Holdings, Inc. | 116,484 | 1,788,029 | |
Sprint Corp. (a)(b) | 3,031,680 | 18,523,565 | |
T-Mobile U.S., Inc. (b) | 1,310,242 | 86,528,382 | |
Telephone & Data Systems, Inc. | 415,942 | 12,494,898 | |
U.S. Cellular Corp. (b) | 72,809 | 3,113,313 | |
139,587,075 | |||
TOTAL TELECOMMUNICATION SERVICES | 223,959,208 | ||
UTILITIES - 2.5% | |||
Electric Utilities - 0.8% | |||
Allete, Inc. | 232,015 | 17,419,686 | |
El Paso Electric Co. | 185,600 | 11,377,280 | |
Genie Energy Ltd. Class B | 64,409 | 348,453 | |
Hawaiian Electric Industries, Inc. | 486,223 | 17,149,085 | |
IDACORP, Inc. | 225,642 | 22,079,070 | |
MGE Energy, Inc. | 163,374 | 10,692,828 | |
OGE Energy Corp. | 874,119 | 32,193,803 | |
Otter Tail Corp. | 182,270 | 8,730,733 | |
PNM Resources, Inc. | 364,146 | 14,183,487 | |
Portland General Electric Co. (a) | 398,302 | 18,481,213 | |
Spark Energy, Inc. Class A, (a) | 72,291 | 636,161 | |
Vistra Energy Corp. (a)(b) | 1,649,766 | 38,835,492 | |
192,127,291 | |||
Gas Utilities - 0.9% | |||
Atmos Energy Corp. | 489,909 | 45,184,307 | |
Chesapeake Utilities Corp. | 75,906 | 6,527,916 | |
National Fuel Gas Co. (a) | 382,293 | 21,228,730 | |
New Jersey Resources Corp. | 387,559 | 17,672,690 | |
Northwest Natural Gas Co. | 133,892 | 8,689,591 | |
ONE Gas, Inc. (a) | 235,681 | 18,508,029 | |
RGC Resources, Inc. | 49,903 | 1,343,888 | |
South Jersey Industries, Inc. (a) | 390,004 | 12,940,333 | |
Southwest Gas Holdings, Inc. | 217,009 | 16,779,136 | |
Spire, Inc. | 224,778 | 16,757,200 | |
UGI Corp. | 763,437 | 41,263,770 | |
206,895,590 | |||
Independent Power and Renewable Electricity Producers - 0.1% | |||
NRG Yield, Inc.: | |||
Class A | 157,222 | 3,095,701 | |
Class C | 315,291 | 6,258,526 | |
Ormat Technologies, Inc. | 164,658 | 8,669,244 | |
Pattern Energy Group, Inc. (a) | 392,135 | 7,991,711 | |
Terraform Power, Inc. | 261,899 | 2,928,031 | |
28,943,213 | |||
Multi-Utilities - 0.4% | |||
Avangrid, Inc. | 251,188 | 12,393,616 | |
Avista Corp. | 290,526 | 14,906,889 | |
Black Hills Corp. (a) | 238,151 | 14,015,186 | |
MDU Resources Group, Inc. | 870,570 | 24,280,197 | |
NorthWestern Energy Corp. | 218,961 | 13,128,902 | |
Unitil Corp. | 67,222 | 3,398,072 | |
Vectren Corp. | 366,890 | 26,122,568 | |
108,245,430 | |||
Water Utilities - 0.3% | |||
American States Water Co. | 166,324 | 10,050,959 | |
Aqua America, Inc. | 801,730 | 29,808,321 | |
AquaVenture Holdings Ltd. (a)(b) | 59,399 | 1,079,874 | |
Artesian Resources Corp. Class A | 37,388 | 1,343,351 | |
Cadiz, Inc. (a)(b) | 98,444 | 945,062 | |
California Water Service Group | 224,474 | 9,237,105 | |
Connecticut Water Service, Inc. | 58,641 | 4,017,495 | |
Middlesex Water Co. | 73,108 | 3,348,346 | |
Pure Cycle Corp. (b) | 68,372 | 769,185 | |
Select Energy Services, Inc. Class A (b) | 262,669 | 3,585,432 | |
SJW Corp. | 75,793 | 4,389,173 | |
York Water Co. | 56,219 | 1,692,192 | |
70,266,495 | |||
TOTAL UTILITIES | 606,478,019 | ||
TOTAL COMMON STOCKS | |||
(Cost $15,861,077,429) | 23,719,306,132 | ||
Principal Amount | Value | ||
U.S. Treasury Obligations - 0.0% | |||
U.S. Treasury Bills, yield at date of purchase 2.07% 1/3/19 (e) | |||
(Cost $4,964,660) | 5,000,000 | 4,964,330 | |
Shares | Value | ||
Money Market Funds - 16.5% | |||
Fidelity Cash Central Fund, 1.97% (f) | 107,959,445 | $107,981,037 | |
Fidelity Securities Lending Cash Central Fund 1.98% (f)(g) | 3,803,419,382 | 3,803,799,724 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $3,911,786,459) | 3,911,780,761 | ||
TOTAL INVESTMENT IN SECURITIES - 116.4% | |||
(Cost $19,777,828,548) | 27,636,051,223 | ||
NET OTHER ASSETS (LIABILITIES) - (16.4)% | (3,892,793,524) | ||
NET ASSETS - 100% | $23,743,257,699 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
CME E-mini Russell 2000 Index Contracts (United States) | 231 | Sept. 2018 | $20,103,930 | $926,979 | $926,979 |
CME E-mini S&P MidCap 400 Index Contracts (United States) | 65 | Sept. 2018 | 13,296,400 | 533,751 | 533,751 |
TOTAL FUTURES CONTRACTS | $1,460,730 |
The notional amount of futures purchased as a percentage of Net Assets is 0.1%
Legend
(a) Security or a portion of the security is on loan at period end.
(b) Non-income producing
(c) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $0 or 0.0% of net assets.
(d) Level 3 security
(e) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $4,834,265.
(f) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
(g) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $648,100 |
Fidelity Securities Lending Cash Central Fund | 17,104,970 |
Total | $17,753,070 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations if applicable.
Investment Valuation
The following is a summary of the inputs used, as of August 31, 2018, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
Investments in Securities: | ||||
Equities: | ||||
Consumer Discretionary | $3,349,752,384 | $3,349,752,384 | $-- | $-- |
Consumer Staples | 666,601,674 | 666,601,674 | -- | -- |
Energy | 1,019,687,266 | 1,019,687,266 | -- | -- |
Financials | 3,862,381,265 | 3,862,381,265 | -- | -- |
Health Care | 3,020,157,435 | 3,017,919,341 | -- | 2,238,094 |
Industrials | 3,197,595,385 | 3,197,595,385 | -- | -- |
Information Technology | 4,691,988,751 | 4,691,988,751 | -- | -- |
Materials | 1,183,765,663 | 1,183,509,125 | -- | 256,538 |
Real Estate | 1,896,939,082 | 1,896,939,082 | -- | -- |
Telecommunication Services | 223,959,208 | 223,959,208 | -- | -- |
Utilities | 606,478,019 | 606,478,019 | -- | -- |
U.S. Government and Government Agency Obligations | 4,964,330 | -- | 4,964,330 | -- |
Money Market Funds | 3,911,780,761 | 3,911,780,761 | -- | -- |
Total Investments in Securities: | $27,636,051,223 | $27,628,592,261 | $4,964,330 | $2,494,632 |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | $1,460,730 | $1,460,730 | $-- | $-- |
Total Assets | $1,460,730 | $1,460,730 | $-- | $-- |
Total Derivative Instruments: | $1,460,730 | $1,460,730 | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of August 31, 2018. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
Equity Risk | ||
Futures Contracts(a) | $1,460,730 | $0 |
Total Equity Risk | 1,460,730 | 0 |
Total Value of Derivatives | $1,460,730 | $0 |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in net unrealized appreciation (depreciation).
See accompanying notes which are an integral part of the financial statements.
Fidelity® Extended Market Index Fund
Financial Statements
Statement of Assets and Liabilities
August 31, 2018 (Unaudited) | ||
Assets | ||
Investment in securities, at value (including securities loaned of $3,718,613,875) — See accompanying schedule: Unaffiliated issuers (cost $15,866,042,089) | $23,724,270,462 | |
Fidelity Central Funds (cost $3,911,786,459) | 3,911,780,761 | |
Total Investment in Securities (cost $19,777,828,548) | $27,636,051,223 | |
Receivable for fund shares sold | 27,135,728 | |
Dividends receivable | 16,220,131 | |
Distributions receivable from Fidelity Central Funds | 2,491,973 | |
Receivable for daily variation margin on futures contracts | 369,589 | |
Other receivables | 521,688 | |
Total assets | 27,682,790,332 | |
Liabilities | ||
Payable to custodian bank | $1,002,169 | |
Payable for investments purchased | 25,258,948 | |
Payable for fund shares redeemed | 107,781,491 | |
Accrued management fee | 874,191 | |
Other payables and accrued expenses | 487,606 | |
Collateral on securities loaned | 3,804,128,228 | |
Total liabilities | 3,939,532,633 | |
Net Assets | $23,743,257,699 | |
Net Assets consist of: | ||
Paid in capital | $14,755,154,514 | |
Undistributed net investment income | 176,619,382 | |
Accumulated undistributed net realized gain (loss) on investments | 951,800,398 | |
Net unrealized appreciation (depreciation) on investments | 7,859,683,405 | |
Net Assets | $23,743,257,699 | |
Investor Class: | ||
Net Asset Value, offering price and redemption price per share ($678,899,018 ÷ 9,716,114 shares) | $69.87 | |
Premium Class: | ||
Net Asset Value, offering price and redemption price per share ($20,176,007,521 ÷ 288,727,041 shares) | $69.88 | |
Institutional Premium Class: | ||
Net Asset Value, offering price and redemption price per share ($2,888,351,160 ÷ 41,343,882 shares) | $69.86 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
Six months ended August 31, 2018 (Unaudited) | ||
Investment Income | ||
Dividends | $166,578,276 | |
Interest | 36,888 | |
Income from Fidelity Central Funds (including $17,104,970 from security lending) | 17,753,070 | |
Total income | 184,368,234 | |
Expenses | ||
Management fee | $5,064,112 | |
Transfer agent fees | 2,085,138 | |
Independent trustees' fees and expenses | 55,951 | |
Commitment fees | 30,258 | |
Total expenses before reductions | 7,235,459 | |
Expense reductions | (9,943) | |
Total expenses after reductions | 7,225,516 | |
Net investment income (loss) | 177,142,718 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | 1,005,864,804 | |
Fidelity Central Funds | (45,448) | |
Futures contracts | 7,002,750 | |
Total net realized gain (loss) | 1,012,822,106 | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | 1,638,883,596 | |
Fidelity Central Funds | (5,698) | |
Futures contracts | 2,859,263 | |
Total change in net unrealized appreciation (depreciation) | 1,641,737,161 | |
Net gain (loss) | 2,654,559,267 | |
Net increase (decrease) in net assets resulting from operations | $2,831,701,985 |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
Six months ended August 31, 2018 (Unaudited) | Year ended February 28, 2018 | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net investment income (loss) | $177,142,718 | $273,456,537 |
Net realized gain (loss) | 1,012,822,106 | 745,065,670 |
Change in net unrealized appreciation (depreciation) | 1,641,737,161 | 1,344,378,810 |
Net increase (decrease) in net assets resulting from operations | 2,831,701,985 | 2,362,901,017 |
Distributions to shareholders from net investment income | (19,801,270) | (264,767,116) |
Distributions to shareholders from net realized gain | – | (891,671,964) |
Total distributions | (19,801,270) | (1,156,439,080) |
Share transactions - net increase (decrease) | (327,974,128) | 795,717,146 |
Total increase (decrease) in net assets | 2,483,926,587 | 2,002,179,083 |
Net Assets | ||
Beginning of period | 21,259,331,112 | 19,257,152,029 |
End of period | $23,743,257,699 | $21,259,331,112 |
Other Information | ||
Undistributed net investment income end of period | $176,619,382 | $19,277,934 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity Extended Market Index Fund Investor Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $61.69 | $58.10 | $46.00 | $57.40 | $55.29 | $43.12 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .51 | .79 | .77 | .75 | .74 | .67 |
Net realized and unrealized gain (loss) | 7.72 | 6.25 | 14.00 | (8.99) | 3.62 | 13.09 |
Total from investment operations | 8.23 | 7.04 | 14.77 | (8.24) | 4.36 | 13.76 |
Distributions from net investment income | (.05) | (.77) | (.74) | (.71) | (.70) | (.54) |
Distributions from net realized gain | – | (2.67) | (1.93) | (2.45) | (1.55) | (1.06) |
Total distributions | (.05) | (3.45)C | (2.67) | (3.16) | (2.25) | (1.60) |
Redemption fees added to paid in capitalB | – | – | –D | –D | –D | .01 |
Net asset value, end of period | $69.87 | $61.69 | $58.10 | $46.00 | $57.40 | $55.29 |
Total ReturnE,F | 13.35% | 12.29% | 32.50% | (14.86)% | 8.23% | 32.38% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .09%I | .10% | .10% | .10% | .10% | .10% |
Expenses net of fee waivers, if any | .09%I | .10% | .10% | .10% | .10% | .10% |
Expenses net of all reductions | .09%I | .10% | .10% | .10% | .10% | .10% |
Net investment income (loss) | 1.55%I | 1.32% | 1.47% | 1.39% | 1.36% | 1.35% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $678,899 | $688,756 | $815,223 | $1,392,793 | $1,992,558 | $1,803,152 |
Portfolio turnover rateJ | 11%I,K | 11% | 12% | 12%K | 7% | 14% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $3.45 per share is comprised of distributions from net investment income of $.774 and distributions from net realized gain of $2.674 per share.
D Amount represents less than $.005 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
K Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity Extended Market Index Fund Premium Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $61.70 | $58.11 | $46.00 | $57.40 | $55.30 | $43.12 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .51 | .81 | .80 | .77 | .76 | .68 |
Net realized and unrealized gain (loss) | 7.73 | 6.25 | 13.99 | (8.99) | 3.61 | 13.11 |
Total from investment operations | 8.24 | 7.06 | 14.79 | (8.22) | 4.37 | 13.79 |
Distributions from net investment income | (.06) | (.79) | (.75) | (.73) | (.72) | (.56) |
Distributions from net realized gain | – | (2.67) | (1.93) | (2.45) | (1.55) | (1.06) |
Total distributions | (.06) | (3.47)C | (2.68) | (3.18) | (2.27) | (1.62) |
Redemption fees added to paid in capitalB | – | – | –D | –D | –D | .01 |
Net asset value, end of period | $69.88 | $61.70 | $58.11 | $46.00 | $57.40 | $55.30 |
Total ReturnE,F | 13.36% | 12.32% | 32.56% | (14.83)% | 8.24% | 32.44% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .07%I | .07% | .07% | .07% | .07% | .07% |
Expenses net of fee waivers, if any | .07%I | .07% | .07% | .07% | .07% | .07% |
Expenses net of all reductions | .07%I | .07% | .07% | .07% | .07% | .07% |
Net investment income (loss) | 1.57%I | 1.35% | 1.49% | 1.42% | 1.39% | 1.38% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $20,176,008 | $17,585,375 | $16,222,551 | $11,837,818 | $13,356,931 | $12,280,754 |
Portfolio turnover rateJ | 11%I,K | 11% | 12% | 12%K | 7% | 14% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $3.47 per share is comprised of distributions from net investment income of $.793 and distributions from net realized gain of $2.674 per share.
D Amount represents less than $.005 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
K Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity Extended Market Index Fund Institutional Premium Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $61.68 | $58.09 | $45.99 | $57.39 | $55.28 | $43.11 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .52 | .83 | .81 | .76 | .76 | .72 |
Net realized and unrealized gain (loss) | 7.72 | 6.24 | 13.98 | (8.98) | 3.63 | 13.06 |
Total from investment operations | 8.24 | 7.07 | 14.79 | (8.22) | 4.39 | 13.78 |
Distributions from net investment income | (.06) | (.81) | (.76) | (.73) | (.72) | (.56) |
Distributions from net realized gain | – | (2.67) | (1.93) | (2.45) | (1.55) | (1.06) |
Total distributions | (.06) | (3.48) | (2.69) | (3.18) | (2.28)C | (1.62) |
Redemption fees added to paid in capitalB | – | – | –D | –D | –D | .01 |
Net asset value, end of period | $69.86 | $61.68 | $58.09 | $45.99 | $57.39 | $55.28 |
Total ReturnE,F | 13.37% | 12.35% | 32.58% | (14.83)% | 8.27% | 32.44% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .05%I | .05% | .05% | .07% | .07% | .07% |
Expenses net of fee waivers, if any | .05%I | .05% | .05% | .06% | .06% | .06% |
Expenses net of all reductions | .05%I | .05% | .05% | .06% | .06% | .06% |
Net investment income (loss) | 1.59%I | 1.37% | 1.52% | 1.43% | 1.40% | 1.39% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $2,888,351 | $2,985,201 | $2,219,377 | $1,109,249 | $754,325 | $95,747 |
Portfolio turnover rateJ | 11%I,K | 11% | 12% | 12%K | 7% | 14% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $2.28. per share is comprised of distributions from net investment income of $.722 and distributions from net realized gain of $1.553 per share.
D Amount represents less than $.005 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
K Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity® International Index Fund
Investment Summary (Unaudited)
Top Ten Stocks as of August 31, 2018
% of fund's net assets | |
Nestle SA (Reg. S) (Switzerland, Food Products) | 1.8 |
Novartis AG (Switzerland, Pharmaceuticals) | 1.2 |
HSBC Holdings PLC (United Kingdom) (United Kingdom, Banks) | 1.2 |
Roche Holding AG (participation certificate) (Switzerland, Pharmaceuticals) | 1.2 |
Total SA (France, Oil, Gas & Consumable Fuels) | 1.0 |
Royal Dutch Shell PLC Class A (United Kingdom) (United Kingdom, Oil, Gas & Consumable Fuels) | 1.0 |
Toyota Motor Corp. (Japan, Automobiles) | 1.0 |
BP PLC (United Kingdom, Oil, Gas & Consumable Fuels) | 1.0 |
Royal Dutch Shell PLC Class B (United Kingdom) (United Kingdom, Oil, Gas & Consumable Fuels) | 0.9 |
SAP SE (Germany, Software) | 0.8 |
11.1 |
Top Market Sectors as of August 31, 2018
% of fund's net assets | |
Financials | 19.1 |
Industrials | 13.5 |
Consumer Discretionary | 12.0 |
Consumer Staples | 11.3 |
Health Care | 11.2 |
Materials | 7.8 |
Information Technology | 7.0 |
Energy | 6.1 |
Telecommunication Services | 3.7 |
Real Estate | 3.6 |
Geographic Diversification (% of fund's net assets)
As of August 31, 2018 | ||
Japan | 23.8% | |
United Kingdom | 15.7% | |
France | 10.2% | |
Germany | 9.4% | |
Switzerland | 8.2% | |
Australia | 6.7% | |
Netherlands | 4.5% | |
Spain | 2.9% | |
Sweden | 2.6% | |
Other* | 16.0% |
* Includes Short-Term investments and Net Other Assets (Liabilities).
Percentages are based on country or territory of incorporation and include the effect of foreign currency contracts, futures contracts, options and swaps, as applicable. Foreign currency contracts and other assets and liabilities are included within the United States of America, as applicable.
Fidelity® International Index Fund
Schedule of Investments August 31, 2018 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 97.9% | |||
Shares | Value | ||
Australia - 6.7% | |||
AGL Energy Ltd. | 1,018,115 | $15,209,357 | |
Alumina Ltd. | 3,800,444 | 7,868,561 | |
Amcor Ltd. | 1,796,238 | 18,465,812 | |
AMP Ltd. | 4,551,496 | 10,928,715 | |
APA Group unit | 1,835,900 | 13,198,285 | |
Aristocrat Leisure Ltd. | 890,934 | 20,233,157 | |
ASX Ltd. | 300,769 | 14,625,312 | |
Aurizon Holdings Ltd. | 3,095,069 | 9,345,189 | |
Australia & New Zealand Banking Group Ltd. | 4,521,667 | 95,893,479 | |
Bank of Queensland Ltd. | 616,785 | 5,094,743 | |
Bendigo & Adelaide Bank Ltd. | 755,910 | 6,298,281 | |
BHP Billiton Ltd. | 4,992,196 | 119,924,437 | |
BlueScope Steel Ltd. | 861,181 | 10,716,673 | |
Boral Ltd. | 1,830,136 | 9,209,793 | |
Brambles Ltd. | 2,469,098 | 19,472,129 | |
Caltex Australia Ltd. | 406,245 | 8,822,816 | |
Challenger Ltd. | 849,993 | 6,617,779 | |
Cimic Group Ltd. | 150,508 | 5,332,106 | |
Coca-Cola Amatil Ltd. | 792,074 | 5,346,873 | |
Cochlear Ltd. | 89,468 | 13,880,585 | |
Commonwealth Bank of Australia | 2,735,082 | 140,075,682 | |
Computershare Ltd. | 719,014 | 9,934,802 | |
Crown Ltd. | 591,377 | 6,037,001 | |
CSL Ltd. | 703,122 | 114,899,387 | |
DEXUS Property Group unit | 1,574,437 | 12,133,569 | |
Dominos Pizza Enterprises Ltd. | 96,331 | 3,746,552 | |
Flight Centre Travel Group Ltd. (a) | 86,432 | 3,629,983 | |
Fortescue Metals Group Ltd. | 2,404,772 | 6,638,556 | |
Goodman Group unit | 2,517,547 | 19,365,551 | |
Harvey Norman Holdings Ltd. (a) | 877,187 | 2,270,195 | |
Healthscope Ltd. | 2,705,933 | 4,260,197 | |
Incitec Pivot Ltd. | 2,590,532 | 7,300,347 | |
Insurance Australia Group Ltd. | 3,686,785 | 20,461,318 | |
Lendlease Group unit | 906,979 | 13,360,037 | |
Macquarie Group Ltd. | 502,510 | 46,746,324 | |
Medibank Private Ltd. | 4,291,983 | 9,379,940 | |
Mirvac Group unit | 5,728,036 | 10,006,461 | |
National Australia Bank Ltd. | 4,231,743 | 86,538,467 | |
Newcrest Mining Ltd. | 1,190,194 | 16,590,675 | |
Orica Ltd. | 584,928 | 7,396,678 | |
Origin Energy Ltd. (b) | 2,725,281 | 15,575,676 | |
QBE Insurance Group Ltd. | 2,110,795 | 16,707,130 | |
Ramsay Health Care Ltd. | 220,651 | 8,835,468 | |
realestate.com.au Ltd. | 81,828 | 5,360,827 | |
Rio Tinto Ltd. | 641,240 | 33,532,226 | |
Santos Ltd. (b) | 2,751,755 | 13,412,445 | |
Scentre Group unit | 8,279,689 | 24,463,823 | |
SEEK Ltd. | 514,636 | 8,287,369 | |
Sonic Healthcare Ltd. | 625,796 | 11,782,481 | |
South32 Ltd. | 8,029,027 | 20,086,795 | |
SP AusNet | 2,825,766 | 3,341,724 | |
Stockland Corp. Ltd. unit | 3,767,179 | 11,184,969 | |
Suncorp Group Ltd. | 2,017,185 | 22,462,890 | |
Sydney Airport unit | 1,722,626 | 8,928,834 | |
Tabcorp Holdings Ltd. | 2,976,151 | 10,269,864 | |
Telstra Corp. Ltd. | 6,468,497 | 14,415,628 | |
The GPT Group unit | 2,797,418 | 10,397,200 | |
TPG Telecom Ltd. | 585,083 | 3,634,124 | |
Transurban Group unit | 3,443,635 | 29,856,088 | |
Treasury Wine Estates Ltd. | 1,116,551 | 15,628,345 | |
Vicinity Centers unit | 5,079,917 | 10,115,908 | |
Wesfarmers Ltd. | 1,761,886 | 65,167,591 | |
Westpac Banking Corp. | 5,320,411 | 109,270,215 | |
Woodside Petroleum Ltd. | 1,454,836 | 38,561,655 | |
Woolworths Group Ltd. | 2,040,276 | 41,509,150 | |
TOTAL AUSTRALIA | 1,510,044,229 | ||
Austria - 0.2% | |||
Andritz AG | 112,920 | 6,684,666 | |
Erste Group Bank AG | 466,645 | 18,562,626 | |
OMV AG | 228,867 | 12,121,946 | |
Raiffeisen International Bank-Holding AG | 230,092 | 6,543,443 | |
Voestalpine AG | 179,181 | 8,036,515 | |
TOTAL AUSTRIA | 51,949,196 | ||
Bailiwick of Jersey - 1.2% | |||
Experian PLC | 1,426,924 | 35,518,764 | |
Ferguson PLC | 364,883 | 29,239,379 | |
Glencore Xstrata PLC | 17,936,617 | 72,912,689 | |
Randgold Resources Ltd. | 147,084 | 9,598,860 | |
Shire PLC | 1,420,435 | 83,082,615 | |
WPP PLC | 1,965,433 | 32,596,042 | |
TOTAL BAILIWICK OF JERSEY | 262,948,349 | ||
Belgium - 1.0% | |||
Ageas | 290,427 | 15,028,504 | |
Anheuser-Busch InBev SA NV | 1,184,174 | 110,415,922 | |
Colruyt NV | 92,962 | 5,524,769 | |
Groupe Bruxelles Lambert SA | 125,144 | 13,131,585 | |
KBC Groep NV | 390,399 | 27,733,125 | |
Proximus | 234,652 | 5,405,228 | |
Solvay SA Class A | 115,035 | 15,308,856 | |
Telenet Group Holding NV | 82,098 | 4,488,406 | |
UCB SA | 196,267 | 17,942,861 | |
Umicore SA | 326,571 | 18,210,393 | |
TOTAL BELGIUM | 233,189,649 | ||
Bermuda - 0.3% | |||
Cheung Kong Infrastructure Holdings Ltd. | 1,024,450 | 7,492,076 | |
Dairy Farm International Holdings Ltd. | 520,734 | 4,827,204 | |
Hongkong Land Holdings Ltd. | 1,826,200 | 12,637,304 | |
Jardine Matheson Holdings Ltd. | 342,900 | 21,643,848 | |
Jardine Strategic Holdings Ltd. | 344,900 | 12,519,870 | |
Kerry Properties Ltd. | 1,001,181 | 3,794,889 | |
Li & Fung Ltd. | 9,085,246 | 2,581,315 | |
NWS Holdings Ltd. | 2,425,104 | 4,319,535 | |
Shangri-La Asia Ltd. | 1,983,380 | 3,057,671 | |
Yue Yuen Industrial (Holdings) Ltd. | 1,136,500 | 3,149,403 | |
TOTAL BERMUDA | 76,023,115 | ||
Cayman Islands - 0.7% | |||
ASM Pacific Technology Ltd. | 468,829 | 4,945,888 | |
Cheung Kong Property Holdings Ltd. | 4,022,925 | 28,677,516 | |
CK Hutchison Holdings Ltd. | 4,196,425 | 48,360,139 | |
Melco Crown Entertainment Ltd. sponsored ADR | 384,406 | 9,179,615 | |
MGM China Holdings Ltd. | 1,472,400 | 2,776,432 | |
Minth Group Ltd. | 1,152,000 | 4,718,815 | |
Sands China Ltd. | 3,777,200 | 18,431,822 | |
WH Group Ltd. (c) | 13,630,000 | 10,280,567 | |
Wharf Real Estate Investment Co. Ltd. | 1,872,585 | 12,418,289 | |
Wynn Macau Ltd. | 2,411,600 | 6,713,612 | |
TOTAL CAYMAN ISLANDS | 146,502,695 | ||
Denmark - 1.7% | |||
A.P. Moller - Maersk A/S: | |||
Series A | 5,826 | 8,386,748 | |
Series B | 10,187 | 15,787,727 | |
Carlsberg A/S Series B | 165,856 | 20,247,128 | |
Christian Hansen Holding A/S | 153,762 | 15,610,355 | |
Coloplast A/S Series B | 184,194 | 19,715,200 | |
Danske Bank A/S | 1,113,982 | 32,774,890 | |
DONG Energy A/S (c) | 293,255 | 18,539,057 | |
DSV de Sammensluttede Vognmaend A/S | 294,294 | 27,577,174 | |
Genmab A/S (b) | 95,477 | 16,516,917 | |
H Lundbeck A/S | 107,855 | 6,328,013 | |
ISS Holdings A/S | 260,339 | 9,088,475 | |
Novo Nordisk A/S Series B | 2,823,887 | 139,009,171 | |
Novozymes A/S Series B | 340,577 | 18,666,984 | |
Pandora A/S | 173,834 | 10,385,866 | |
Tryg A/S | 187,575 | 4,608,909 | |
Vestas Wind Systems A/S | 303,678 | 21,160,335 | |
William Demant Holding A/S (b) | 160,902 | 6,544,113 | |
TOTAL DENMARK | 390,947,062 | ||
Finland - 1.1% | |||
Elisa Corp. (A Shares) | 221,679 | 9,482,017 | |
Fortum Corp. | 688,715 | 17,427,485 | |
Kone Oyj (B Shares) | 526,675 | 28,433,331 | |
Metso Corp. | 164,586 | 5,779,057 | |
Neste Oyj | 199,006 | 17,278,517 | |
Nokia Corp. | 8,751,233 | 48,843,435 | |
Nokian Tyres PLC | 180,841 | 7,462,343 | |
Orion Oyj (B Shares) | 162,584 | 5,976,743 | |
Sampo Oyj (A Shares) | 688,963 | 35,243,387 | |
Stora Enso Oyj (R Shares) | 854,879 | 15,911,543 | |
UPM-Kymmene Corp. | 829,933 | 31,983,045 | |
Wartsila Corp. | 689,568 | 14,559,568 | |
TOTAL FINLAND | 238,380,471 | ||
France - 10.0% | |||
Accor SA | 292,060 | 14,611,273 | |
Aeroports de Paris | 46,207 | 10,153,063 | |
Air Liquide SA | 345,711 | 43,539,319 | |
Alstom SA | 241,665 | 10,659,481 | |
Amundi SA (c) | 93,933 | 6,770,933 | |
Arkema SA | 107,007 | 13,402,084 | |
Atos Origin SA | 147,980 | 17,726,435 | |
AXA SA | 3,016,163 | 76,009,699 | |
BIC SA | 39,700 | 3,675,022 | |
bioMerieux SA | 64,931 | 5,705,407 | |
BNP Paribas SA | 1,746,779 | 102,554,679 | |
Bollore SA | 1,361,283 | 6,516,371 | |
Bouygues SA | 339,464 | 14,985,069 | |
Bureau Veritas SA | 412,086 | 10,590,200 | |
Capgemini SA | 249,143 | 32,028,096 | |
Carrefour SA | 925,089 | 16,504,261 | |
Casino Guichard Perrachon SA (a) | 86,581 | 2,744,625 | |
CNP Assurances | 268,565 | 6,194,211 | |
Compagnie de St. Gobain | 773,733 | 33,362,479 | |
Credit Agricole SA | 1,772,989 | 24,258,997 | |
Danone SA | 956,997 | 75,363,419 | |
Dassault Aviation SA | 3,902 | 7,260,382 | |
Dassault Systemes SA | 202,434 | 32,802,547 | |
Edenred SA | 366,110 | 13,951,509 | |
EDF SA (b) | 200,740 | 3,287,756 | |
EDF SA | 716,383 | 11,733,052 | |
Eiffage SA | 124,192 | 13,977,353 | |
ENGIE | 2,837,257 | 41,594,961 | |
Essilor International SA | 323,463 | 46,669,638 | |
Eurazeo SA | 72,628 | 5,513,413 | |
Eutelsat Communications | 272,542 | 6,453,604 | |
Faurecia SA | 118,728 | 7,273,798 | |
Fonciere des Regions | 58,341 | 6,098,124 | |
Gecina SA | 71,260 | 12,233,555 | |
Groupe Eurotunnel SA | 728,586 | 9,175,912 | |
Hermes International SCA | 49,235 | 32,015,165 | |
ICADE | 51,343 | 5,009,076 | |
Iliad SA | 41,147 | 5,315,842 | |
Imerys SA | 55,256 | 3,970,167 | |
Ingenico SA | 92,704 | 6,514,477 | |
Ipsen SA | 58,714 | 10,437,521 | |
JCDecaux SA | 116,837 | 3,848,854 | |
Kering SA | 117,763 | 63,972,513 | |
Klepierre SA | 318,510 | 11,424,054 | |
L'Oreal SA (b) | 201,944 | 48,451,823 | |
L'Oreal SA | 190,920 | 45,806,868 | |
Legrand SA | 414,394 | 31,217,409 | |
LVMH Moet Hennessy - Louis Vuitton SA | 432,335 | 151,555,637 | |
Michelin CGDE Series B | 264,976 | 31,362,211 | |
Natixis SA | 1,463,302 | 9,766,535 | |
Orange SA | 3,099,698 | 50,182,945 | |
Pernod Ricard SA | 329,900 | 52,078,674 | |
Peugeot Citroen SA | 914,421 | 25,155,516 | |
Publicis Groupe SA | 322,760 | 20,717,795 | |
Remy Cointreau SA | 35,192 | 4,930,488 | |
Remy Cointreau SA rights (b) | 35,785 | 68,537 | |
Renault SA | 298,759 | 25,731,411 | |
Rexel SA | 470,786 | 7,404,599 | |
Safran SA | 518,482 | 67,585,283 | |
Sanofi SA | 1,747,401 | 150,055,215 | |
Schneider Electric SA | 848,686 | 68,968,402 | |
SCOR SE | 253,119 | 10,232,391 | |
SEB SA | 35,195 | 6,560,927 | |
Societe Generale Series A | 1,192,759 | 48,840,282 | |
Sodexo SA | 55,922 | 5,823,856 | |
Sodexo SA (b) | 84,696 | 8,820,452 | |
SR Teleperformance SA | 89,633 | 17,218,869 | |
Suez Environnement SA | 578,829 | 8,368,213 | |
Thales SA | 165,439 | 23,303,243 | |
Total SA | 3,719,055 | 233,213,942 | |
Ubisoft Entertainment SA (b) | 121,581 | 13,076,656 | |
Unibail-Rodamco SE & WFD Unibail-Rodamco NV unit | 214,822 | 45,133,189 | |
Valeo SA | 373,548 | 16,957,933 | |
Veolia Environnement SA | 834,174 | 17,583,737 | |
VINCI SA | 787,697 | 75,268,076 | |
Vivendi SA | 1,615,835 | 41,919,224 | |
Wendel SA | 43,222 | 6,401,684 | |
TOTAL FRANCE | 2,257,650,418 | ||
Germany - 8.9% | |||
adidas AG | 292,657 | 73,001,877 | |
Allianz SE | 684,160 | 145,823,122 | |
Axel Springer Verlag AG | 75,028 | 5,451,756 | |
BASF AG | 1,427,574 | 131,915,747 | |
Bayer AG | 1,449,321 | 135,257,001 | |
Bayerische Motoren Werke AG (BMW) | 514,753 | 49,837,437 | |
Beiersdorf AG | 156,604 | 18,232,343 | |
Brenntag AG | 240,090 | 14,474,871 | |
Commerzbank AG (b) | 1,555,266 | 14,703,965 | |
Continental AG | 170,946 | 31,361,161 | |
Covestro AG (c) | 299,022 | 25,469,449 | |
Daimler AG (Germany) | 1,413,204 | 91,368,974 | |
Delivery Hero AG (b)(c) | 142,467 | 7,848,392 | |
Deutsche Bank AG | 3,051,156 | 34,360,888 | |
Deutsche Borse AG | 299,962 | 41,394,442 | |
Deutsche Lufthansa AG | 367,465 | 9,592,772 | |
Deutsche Post AG | 1,534,245 | 55,796,335 | |
Deutsche Telekom AG | 5,178,890 | 83,518,109 | |
Deutsche Wohnen AG (Bearer) | 559,640 | 28,283,677 | |
Drillisch AG | 83,292 | 4,215,300 | |
E.ON AG | 3,419,662 | 36,507,011 | |
Evonik Industries AG | 254,209 | 9,474,797 | |
Fraport AG Frankfurt Airport Services Worldwide | 64,769 | 5,821,987 | |
Fresenius Medical Care AG & Co. KGaA | 335,075 | 33,913,194 | |
Fresenius SE & Co. KGaA | 646,647 | 49,374,173 | |
GEA Group AG | 269,767 | 10,248,812 | |
Hannover Reuck SE | 93,661 | 12,861,222 | |
HeidelbergCement Finance AG | 231,825 | 18,454,252 | |
Henkel AG & Co. KGaA | 162,049 | 18,085,659 | |
Hochtief AG | 29,971 | 4,863,480 | |
Hugo Boss AG | 99,023 | 7,910,236 | |
Infineon Technologies AG | 1,766,200 | 44,912,893 | |
innogy SE (c) | 211,703 | 9,192,919 | |
K&S AG (a) | 296,298 | 6,739,267 | |
KION Group AG | 110,827 | 7,566,748 | |
Lanxess AG | 135,296 | 10,628,794 | |
Linde AG | 288,674 | 65,742,372 | |
MAN SE | 54,978 | 5,976,342 | |
Merck KGaA | 201,301 | 21,141,569 | |
Metro Wholesale & Food Specialist AG (a) | 282,095 | 4,405,729 | |
MTU Aero Engines Holdings AG | 80,736 | 17,702,634 | |
Muenchener Rueckversicherungs AG | 232,373 | 50,115,269 | |
OSRAM Licht AG | 154,179 | 6,922,299 | |
ProSiebenSat.1 Media AG | 363,212 | 9,548,230 | |
Puma AG | 12,855 | 7,042,920 | |
RWE AG | 807,044 | 20,468,563 | |
SAP SE | 1,527,448 | 183,366,882 | |
Schaeffler AG | 255,064 | 3,463,967 | |
Siemens AG | 1,188,879 | 154,321,155 | |
Siemens Healthineers AG (b)(c) | 233,579 | 10,615,971 | |
Symrise AG | 191,219 | 17,858,697 | |
Telefonica Deutschland Holding AG | 1,155,448 | 4,805,470 | |
Thyssenkrupp AG | 676,260 | 15,628,729 | |
TUI AG | 265,267 | 4,891,129 | |
TUI AG (GB) | 418,882 | 7,722,307 | |
Uniper SE | 313,483 | 9,577,200 | |
United Internet AG | 190,486 | 10,020,552 | |
Volkswagen AG | 50,273 | 8,093,753 | |
Vonovia SE | 757,102 | 38,834,444 | |
Wirecard AG | 182,447 | 40,512,626 | |
Zalando SE (b) | 173,523 | 9,128,210 | |
TOTAL GERMANY | 2,016,370,081 | ||
Hong Kong - 2.5% | |||
AIA Group Ltd. | 18,769,000 | 161,893,461 | |
Bank of East Asia Ltd. | 1,963,829 | 7,268,576 | |
BOC Hong Kong (Holdings) Ltd. | 5,753,066 | 28,073,569 | |
CLP Holdings Ltd. | 2,552,157 | 29,996,685 | |
Galaxy Entertainment Group Ltd. | 3,691,000 | 27,322,453 | |
Hang Lung Group Ltd. | 1,370,000 | 3,840,102 | |
Hang Lung Properties Ltd. | 3,116,423 | 6,154,427 | |
Hang Seng Bank Ltd. | 1,189,001 | 32,236,906 | |
Henderson Land Development Co. Ltd. | 2,051,347 | 10,846,428 | |
Hong Kong & China Gas Co. Ltd. | 14,351,122 | 29,566,921 | |
Hong Kong Exchanges and Clearing Ltd. | 1,830,690 | 52,107,169 | |
Hysan Development Co. Ltd. | 971,677 | 4,982,959 | |
Link (REIT) | 3,357,808 | 33,455,083 | |
MTR Corp. Ltd. | 2,341,827 | 12,069,043 | |
New World Development Co. Ltd. | 9,527,803 | 12,721,946 | |
PCCW Ltd. | 6,626,863 | 3,520,818 | |
Power Assets Holdings Ltd. | 2,152,176 | 15,095,052 | |
Sino Land Ltd. | 5,132,470 | 8,697,162 | |
SJM Holdings Ltd. | 3,042,000 | 3,441,689 | |
Sun Hung Kai Properties Ltd. | 2,477,176 | 36,769,040 | |
Swire Pacific Ltd. (A Shares) | 775,384 | 8,767,680 | |
Swire Properties Ltd. | 1,815,400 | 7,135,543 | |
Techtronic Industries Co. Ltd. | 2,144,500 | 13,114,955 | |
Wharf Holdings Ltd. | 1,901,585 | 5,427,043 | |
Wheelock and Co. Ltd. | 1,274,000 | 7,994,203 | |
TOTAL HONG KONG | 562,498,913 | ||
Ireland - 0.6% | |||
AIB Group PLC | 1,262,538 | 7,098,838 | |
Bank Ireland Group PLC | 1,509,134 | 12,332,160 | |
CRH PLC | 1,305,850 | 43,320,544 | |
DCC PLC (United Kingdom) | 138,728 | 12,508,840 | |
James Hardie Industries PLC CDI | 687,643 | 10,465,317 | |
Kerry Group PLC Class A | 246,622 | 28,125,682 | |
Paddy Power Betfair PLC (Ireland) | 131,584 | 11,989,786 | |
Ryanair Holdings PLC (b) | 239,301 | 3,954,512 | |
Smurfit Kappa Group PLC | 350,282 | 14,303,830 | |
TOTAL IRELAND | 144,099,509 | ||
Isle of Man - 0.1% | |||
Gaming VC Holdings SA | 852,824 | 12,184,193 | |
Genting Singapore Ltd. | 9,366,359 | 7,301,741 | |
TOTAL ISLE OF MAN | 19,485,934 | ||
Israel - 0.6% | |||
Azrieli Group | 64,823 | 3,367,919 | |
Bank Hapoalim BM (Reg.) | 1,661,139 | 12,450,479 | |
Bank Leumi le-Israel BM | 2,249,678 | 15,120,582 | |
Bezeq The Israel Telecommunication Corp. Ltd. | 3,242,153 | 3,876,194 | |
Check Point Software Technologies Ltd. (a)(b) | 199,689 | 23,201,865 | |
Elbit Systems Ltd. (Israel) | 36,777 | 4,745,814 | |
Frutarom Industries Ltd. | 60,292 | 6,154,634 | |
Israel Chemicals Ltd. | 1,086,243 | 6,348,721 | |
Mizrahi Tefahot Bank Ltd. | 218,204 | 3,939,778 | |
NICE Systems Ltd. (b) | 86,819 | 9,999,237 | |
NICE Systems Ltd. sponsored ADR (a)(b) | 8,313 | 960,900 | |
Teva Pharmaceutical Industries Ltd. sponsored ADR (a) | 1,503,332 | 34,441,336 | |
TOTAL ISRAEL | 124,607,459 | ||
Italy - 1.8% | |||
Assicurazioni Generali SpA | 1,824,875 | 30,385,918 | |
Atlantia SpA | 767,858 | 15,998,677 | |
Davide Campari-Milano SpA | 900,976 | 7,974,285 | |
Enel SpA | 12,640,123 | 62,492,011 | |
Eni SpA | 3,954,747 | 73,388,307 | |
Intesa Sanpaolo SpA | 23,127,505 | 57,096,087 | |
Leonardo SpA | 630,035 | 7,057,172 | |
Luxottica Group SpA | 264,062 | 17,507,849 | |
Mediobanca SpA | 965,176 | 8,980,550 | |
Moncler SpA | 278,304 | 12,585,692 | |
Pirelli & C. S.p.A. (c) | 626,386 | 5,044,464 | |
Poste Italiane SpA (c) | 810,493 | 6,239,251 | |
Prysmian SpA | 373,174 | 9,624,853 | |
Recordati SpA | 163,185 | 5,714,711 | |
Snam Rete Gas SpA | 3,531,448 | 14,494,518 | |
Telecom Italia SpA (b) | 17,764,461 | 11,312,776 | |
Terna SpA | 2,195,479 | 11,534,069 | |
UniCredit SpA | 3,119,493 | 45,022,911 | |
TOTAL ITALY | 402,454,101 | ||
Japan - 23.8% | |||
ABC-MART, Inc. | 51,300 | 2,797,930 | |
ACOM Co. Ltd. | 620,500 | 2,535,388 | |
AEON Co. Ltd. | 946,500 | 20,499,975 | |
AEON Financial Service Co. Ltd. | 175,200 | 3,587,256 | |
AEON MALL Co. Ltd. | 159,740 | 2,672,637 | |
Agc, Inc. | 291,035 | 11,656,068 | |
Air Water, Inc. | 231,600 | 4,152,166 | |
Aisin Seiki Co. Ltd. | 250,900 | 11,606,750 | |
Ajinomoto Co., Inc. | 711,266 | 12,073,150 | |
Alfresa Holdings Corp. | 291,700 | 7,316,784 | |
All Nippon Airways Ltd. | 180,500 | 6,252,763 | |
Alps Electric Co. Ltd. | 291,500 | 8,762,578 | |
Amada Holdings Co. Ltd. | 531,600 | 5,683,924 | |
Aozora Bank Ltd. | 182,500 | 6,446,877 | |
Asahi Group Holdings | 563,703 | 25,463,283 | |
Asahi Kasei Corp. | 1,962,827 | 28,794,960 | |
Asics Corp. | 246,200 | 3,682,696 | |
Astellas Pharma, Inc. | 2,925,400 | 49,596,106 | |
Bandai Namco Holdings, Inc. | 311,350 | 12,077,387 | |
Bank of Kyoto Ltd. | 82,300 | 4,155,369 | |
Benesse Holdings, Inc. | 110,800 | 3,465,305 | |
Bridgestone Corp. | 946,979 | 34,884,214 | |
Brother Industries Ltd. | 345,800 | 7,102,111 | |
Calbee, Inc. | 124,300 | 3,954,644 | |
Canon, Inc. | 1,555,044 | 49,896,109 | |
Casio Computer Co. Ltd. | 303,400 | 4,874,170 | |
Central Japan Railway Co. | 224,100 | 45,007,574 | |
Chiba Bank Ltd. | 940,274 | 6,177,662 | |
Chubu Electric Power Co., Inc. | 942,364 | 13,701,638 | |
Chugai Pharmaceutical Co. Ltd. | 347,325 | 20,131,158 | |
Chugoku Electric Power Co., Inc. | 431,600 | 5,391,601 | |
Coca-Cola West Co. Ltd. | 206,900 | 5,865,674 | |
Concordia Financial Group Ltd. | 1,688,484 | 8,099,739 | |
Credit Saison Co. Ltd. | 247,052 | 4,091,222 | |
CyberAgent, Inc. | 158,000 | 8,987,130 | |
CYBERDYNE, Inc. (a)(b) | 174,100 | 1,371,051 | |
Dai Nippon Printing Co. Ltd. | 380,121 | 8,528,860 | |
Dai-ichi Mutual Life Insurance Co. | 1,675,800 | 31,929,337 | |
Daicel Chemical Industries Ltd. | 404,700 | 4,578,417 | |
Daifuku Co. Ltd. | 157,100 | 8,158,285 | |
Daiichi Sankyo Kabushiki Kaisha | 881,570 | 34,418,600 | |
Daikin Industries Ltd. | 387,194 | 49,335,718 | |
Dainippon Sumitomo Pharma Co. Ltd. | 248,400 | 5,287,247 | |
Daito Trust Construction Co. Ltd. | 113,263 | 16,972,630 | |
Daiwa House Industry Co. Ltd. | 880,184 | 26,846,761 | |
Daiwa House REIT Investment Corp. | 2,682 | 6,218,011 | |
Daiwa Securities Group, Inc. | 2,510,085 | 15,054,636 | |
DeNA Co. Ltd. | 161,500 | 2,793,655 | |
DENSO Corp. | 678,838 | 32,716,925 | |
Dentsu, Inc. | 336,100 | 15,699,388 | |
Disco Corp. | 44,500 | 7,962,020 | |
Don Quijote Holdings Co. Ltd. | 185,200 | 9,000,810 | |
East Japan Railway Co. | 479,600 | 43,401,836 | |
Eisai Co. Ltd. | 391,778 | 35,471,935 | |
Electric Power Development Co. Ltd. | 228,380 | 6,045,051 | |
FamilyMart Co. Ltd. (a) | 98,500 | 8,590,271 | |
Fanuc Corp. | 301,272 | 59,074,838 | |
Fast Retailing Co. Ltd. | 90,700 | 42,292,926 | |
Fuji Electric Co. Ltd. | 926,153 | 7,460,237 | |
Fujifilm Holdings Corp. | 600,305 | 25,387,753 | |
Fujitsu Ltd. | 3,062,075 | 22,408,183 | |
Fukuoka Financial Group, Inc. | 1,139,300 | 6,388,119 | |
Hakuhodo DY Holdings, Inc. | 360,200 | 6,078,436 | |
Hamamatsu Photonics K.K. | 219,600 | 8,834,596 | |
Hankyu Hanshin Holdings, Inc. | 355,500 | 12,686,144 | |
Hikari Tsushin, Inc. | 33,300 | 6,296,760 | |
Hino Motors Ltd. | 401,200 | 4,224,678 | |
Hirose Electric Co. Ltd. | 49,677 | 5,910,629 | |
Hisamitsu Pharmaceutical Co., Inc. | 88,400 | 6,460,337 | |
Hitachi Chemical Co. Ltd. | 160,100 | 3,360,212 | |
Hitachi Construction Machinery Co. Ltd. | 168,500 | 5,034,830 | |
Hitachi High-Technologies Corp. | 106,400 | 4,179,966 | |
Hitachi Ltd. | 7,512,271 | 49,051,864 | |
Hitachi Metals Ltd. | 331,600 | 3,832,008 | |
Honda Motor Co. Ltd. | 2,534,360 | 75,075,869 | |
Hoshizaki Corp. | 85,000 | 8,063,181 | |
Hoya Corp. | 592,816 | 34,664,077 | |
Hulic Co. Ltd. | 460,900 | 4,363,845 | |
Idemitsu Kosan Co. Ltd. | 209,500 | 10,577,761 | |
IHI Corp. | 227,118 | 7,931,040 | |
Iida Group Holdings Co. Ltd. | 230,000 | 4,247,682 | |
INPEX Corp. | 1,587,700 | 17,361,673 | |
Isetan Mitsukoshi Holdings Ltd. | 523,687 | 5,919,817 | |
Isuzu Motors Ltd. | 854,300 | 12,355,864 | |
Itochu Corp. | 2,197,086 | 38,430,714 | |
J. Front Retailing Co. Ltd. | 360,100 | 5,120,673 | |
Japan Airlines Co. Ltd. | 181,500 | 6,542,233 | |
Japan Airport Terminal Co. Ltd. | 73,300 | 3,282,040 | |
Japan Exchange Group, Inc. | 792,100 | 13,958,526 | |
Japan Post Bank Co. Ltd. | 628,800 | 7,345,715 | |
Japan Post Holdings Co. Ltd. | 2,448,600 | 29,089,659 | |
Japan Prime Realty Investment Corp. | 1,298 | 4,696,211 | |
Japan Real Estate Investment Corp. | 2,050 | 10,904,059 | |
Japan Retail Fund Investment Corp. | 4,067 | 7,357,277 | |
Japan Tobacco, Inc. | 1,709,700 | 44,962,140 | |
JFE Holdings, Inc. | 764,475 | 16,729,556 | |
JGC Corp. | 322,617 | 6,498,217 | |
JSR Corp. | 297,116 | 5,767,971 | |
JTEKT Corp. | 317,600 | 4,450,573 | |
JX Holdings, Inc. | 5,060,200 | 35,632,261 | |
Kajima Corp. | 1,400,317 | 10,082,383 | |
Kakaku.com, Inc. | 214,000 | 3,956,044 | |
Kamigumi Co. Ltd. | 166,731 | 3,385,340 | |
Kaneka Corp. | 381,559 | 3,485,576 | |
Kansai Electric Power Co., Inc. | 1,094,136 | 15,681,861 | |
Kansai Paint Co. Ltd. | 276,500 | 5,467,289 | |
Kao Corp. | 769,350 | 59,721,391 | |
Kawasaki Heavy Industries Ltd. | 220,594 | 6,035,512 | |
KDDI Corp. | 2,754,900 | 72,839,112 | |
Keihan Electric Railway Co., Ltd. | 149,400 | 5,486,023 | |
Keihin Electric Express Railway Co. Ltd. | 344,930 | 5,966,659 | |
Keio Corp. | 159,182 | 7,893,914 | |
Keisei Electric Railway Co. | 200,800 | 6,740,923 | |
Keyence Corp. | 151,224 | 85,595,152 | |
Kikkoman Corp. | 227,149 | 11,387,093 | |
Kintetsu Group Holdings Co. Ltd. | 265,910 | 10,434,413 | |
Kirin Holdings Co. Ltd. | 1,278,456 | 31,613,337 | |
Kobayashi Pharmaceutical Co. Ltd. | 76,600 | 5,501,467 | |
Kobe Steel Ltd. | 479,500 | 4,013,455 | |
Koito Manufacturing Co. Ltd. | 162,000 | 10,016,560 | |
Komatsu Ltd. | 1,435,045 | 40,687,391 | |
Konami Holdings Corp. | 144,800 | 6,066,457 | |
Konica Minolta, Inc. | 703,600 | 7,162,016 | |
Kose Corp. | 47,300 | 8,726,937 | |
Kubota Corp. | 1,535,564 | 23,998,802 | |
Kuraray Co. Ltd. | 495,086 | 7,182,780 | |
Kurita Water Industries Ltd. | 152,400 | 4,526,325 | |
Kyocera Corp. | 498,904 | 31,476,168 | |
Kyowa Hakko Kirin Co., Ltd. | 400,789 | 7,106,060 | |
Kyushu Electric Power Co., Inc. | 589,270 | 6,608,140 | |
Kyushu Railway Co. | 247,500 | 7,439,924 | |
Lawson, Inc. | 78,316 | 4,595,629 | |
LINE Corp. (b) | 112,500 | 5,133,199 | |
Lion Corp. | 349,100 | 7,355,261 | |
LIXIL Group Corp. | 416,059 | 8,159,415 | |
M3, Inc. | 327,400 | 14,423,751 | |
Mabuchi Motor Co. Ltd. | 75,742 | 3,139,159 | |
Makita Corp. | 347,800 | 15,776,366 | |
Marubeni Corp. | 2,426,344 | 19,906,896 | |
Marui Group Co. Ltd. | 309,349 | 6,835,135 | |
Maruichi Steel Tube Ltd. | 86,200 | 2,641,625 | |
Mazda Motor Corp. | 885,900 | 10,273,442 | |
McDonald's Holdings Co. (Japan) Ltd. | 103,300 | 4,536,981 | |
Mebuki Financial Group, Inc. | 1,273,610 | 4,516,266 | |
Medipal Holdings Corp. | 268,200 | 5,409,380 | |
Meiji Holdings Co. Ltd. | 189,858 | 12,610,494 | |
Minebea Mitsumi, Inc. | 598,800 | 11,241,984 | |
Misumi Group, Inc. | 441,600 | 11,382,795 | |
Mitsubishi Chemical Holdings Corp. | 1,986,475 | 17,806,940 | |
Mitsubishi Corp. | 2,101,102 | 59,963,950 | |
Mitsubishi Electric Corp. | 2,836,606 | 38,292,699 | |
Mitsubishi Estate Co. Ltd. | 1,837,723 | 30,507,426 | |
Mitsubishi Gas Chemical Co., Inc. | 252,733 | 5,258,921 | |
Mitsubishi Heavy Industries Ltd. | 471,125 | 17,494,931 | |
Mitsubishi Materials Corp. | 162,393 | 4,391,963 | |
Mitsubishi Motors Corp. of Japan | 1,036,400 | 7,387,533 | |
Mitsubishi Tanabe Pharma Corp. | 392,300 | 6,542,453 | |
Mitsubishi UFJ Financial Group, Inc. | 18,364,830 | 111,009,612 | |
Mitsubishi UFJ Lease & Finance Co. Ltd. | 623,400 | 3,506,660 | |
Mitsui & Co. Ltd. | 2,573,323 | 42,904,157 | |
Mitsui Chemicals, Inc. | 285,436 | 7,383,161 | |
Mitsui Fudosan Co. Ltd. | 1,386,977 | 31,762,784 | |
Mitsui OSK Lines Ltd. | 176,928 | 4,757,995 | |
Mizuho Financial Group, Inc. | 37,503,200 | 65,867,232 | |
MS&AD Insurance Group Holdings, Inc. | 738,484 | 22,697,533 | |
Murata Manufacturing Co. Ltd. | 280,054 | 48,356,007 | |
Nabtesco Corp. | 173,800 | 4,531,533 | |
Nagoya Railroad Co. Ltd. | 281,200 | 6,415,642 | |
NEC Corp. | 405,354 | 11,200,043 | |
New Hampshire Foods Ltd. | 140,770 | 5,137,453 | |
Nexon Co. Ltd. (b) | 691,100 | 8,670,627 | |
NGK Insulators Ltd. | 406,309 | 6,618,840 | |
NGK Spark Plug Co. Ltd. | 247,300 | 7,033,282 | |
Nidec Corp. | 347,584 | 50,381,067 | |
Nikon Corp. | 501,038 | 9,591,466 | |
Nintendo Co. Ltd. | 176,096 | 63,385,791 | |
Nippon Building Fund, Inc. | 2,091 | 12,176,015 | |
Nippon Electric Glass Co. Ltd. | 131,800 | 4,234,776 | |
Nippon Express Co. Ltd. | 117,154 | 7,338,600 | |
Nippon Paint Holdings Co. Ltd. | 228,600 | 9,032,076 | |
Nippon Prologis REIT, Inc. | 2,768 | 5,393,502 | |
Nippon Steel & Sumitomo Metal Corp. | 1,182,963 | 23,800,862 | |
Nippon Telegraph & Telephone Corp. | 1,075,200 | 47,836,716 | |
Nippon Yusen KK | 235,857 | 4,449,251 | |
Nissan Chemical Corp. | 198,000 | 9,444,694 | |
Nissan Motor Co. Ltd. | 3,609,448 | 33,784,771 | |
Nisshin Seifun Group, Inc. | 307,923 | 6,160,677 | |
Nissin Food Holdings Co. Ltd. | 98,623 | 6,293,197 | |
Nitori Holdings Co. Ltd. | 124,300 | 18,872,658 | |
Nitto Denko Corp. | 255,994 | 19,878,645 | |
NKSJ Holdings, Inc. | 517,303 | 22,086,990 | |
NOK Corp. | 122,600 | 2,341,438 | |
Nomura Holdings, Inc. | 5,382,047 | 24,655,821 | |
Nomura Real Estate Holdings, Inc. | 193,300 | 4,190,979 | |
Nomura Real Estate Master Fund, Inc. | 6,067 | 8,452,629 | |
Nomura Research Institute Ltd. | 176,355 | 8,777,276 | |
NSK Ltd. | 558,576 | 6,339,342 | |
NTT Data Corp. | 976,900 | 12,555,244 | |
NTT DOCOMO, Inc. | 2,058,300 | 53,342,328 | |
Obayashi Corp. | 1,012,104 | 9,482,497 | |
OBIC Co. Ltd. | 100,100 | 9,405,490 | |
Odakyu Electric Railway Co. Ltd. | 459,300 | 9,933,380 | |
Oji Holdings Corp. | 1,346,352 | 9,221,257 | |
Olympus Corp. | 451,929 | 18,404,993 | |
OMRON Corp. | 299,260 | 13,399,501 | |
Ono Pharmaceutical Co. Ltd. | 591,100 | 15,534,263 | |
Oracle Corp. Japan | 59,200 | 4,971,074 | |
Oriental Land Co. Ltd. | 310,924 | 33,314,285 | |
ORIX Corp. | 2,058,780 | 33,111,690 | |
Osaka Gas Co. Ltd. | 585,105 | 10,929,578 | |
Otsuka Corp. | 162,400 | 5,882,999 | |
Otsuka Holdings Co. Ltd. | 607,000 | 28,467,978 | |
Panasonic Corp. | 3,430,273 | 40,863,250 | |
Park24 Co. Ltd. | 180,000 | 5,281,253 | |
Pola Orbis Holdings, Inc. | 142,600 | 5,030,978 | |
Rakuten, Inc. | 1,342,600 | 10,269,784 | |
Recruit Holdings Co. Ltd. | 1,713,400 | 52,230,095 | |
Renesas Electronics Corp. (b) | 1,300,800 | 9,834,146 | |
Resona Holdings, Inc. | 3,245,100 | 18,396,980 | |
Ricoh Co. Ltd. | 1,043,670 | 10,942,989 | |
Rinnai Corp. | 51,800 | 3,855,513 | |
ROHM Co. Ltd. | 147,144 | 13,282,822 | |
Ryohin Keikaku Co. Ltd. | 37,200 | 11,048,510 | |
Sankyo Co. Ltd. (Gunma) | 69,500 | 2,661,529 | |
Santen Pharmaceutical Co. Ltd. | 571,400 | 8,804,219 | |
SBI Holdings, Inc. Japan | 350,360 | 9,664,777 | |
Secom Co. Ltd. | 326,467 | 26,870,135 | |
Sega Sammy Holdings, Inc. | 267,000 | 4,306,219 | |
Seibu Holdings, Inc. | 344,200 | 6,204,955 | |
Seiko Epson Corp. | 432,900 | 7,406,560 | |
Sekisui Chemical Co. Ltd. | 579,293 | 10,072,847 | |
Sekisui House Ltd. | 964,967 | 15,749,866 | |
Seven & i Holdings Co. Ltd. | 1,171,100 | 47,693,524 | |
Seven Bank Ltd. | 931,700 | 2,901,343 | |
SG Holdings Co. Ltd. | 149,400 | 3,534,989 | |
Sharp Corp. (a) | 271,100 | 6,424,321 | |
Shimadzu Corp. | 346,100 | 10,263,698 | |
Shimamura Co. Ltd. | 34,300 | 3,170,381 | |
SHIMANO, Inc. | 115,200 | 17,770,930 | |
SHIMIZU Corp. | 863,016 | 7,549,739 | |
Shin-Etsu Chemical Co. Ltd. | 568,162 | 53,308,333 | |
Shinsei Bank Ltd. | 255,200 | 3,918,380 | |
Shionogi & Co. Ltd. | 433,691 | 25,199,434 | |
Shiseido Co. Ltd. | 590,650 | 41,591,626 | |
Shizuoka Bank Ltd. | 701,674 | 6,201,457 | |
Showa Denko K.K. | 209,400 | 9,969,634 | |
Showa Shell Sekiyu K.K. | 291,700 | 5,883,356 | |
SMC Corp. | 88,971 | 29,603,617 | |
SoftBank Corp. | 1,283,030 | 118,792,336 | |
Sohgo Security Services Co., Ltd. | 109,900 | 4,836,747 | |
Sony Corp. | 1,971,085 | 112,081,102 | |
Sony Financial Holdings, Inc. | 270,000 | 5,382,504 | |
Stanley Electric Co. Ltd. | 204,825 | 7,088,040 | |
Start Today Co. Ltd. | 316,300 | 10,902,970 | |
Subaru Corp. | 956,800 | 28,425,855 | |
Sumco Corp. | 362,900 | 6,480,007 | |
Sumitomo Chemical Co. Ltd. | 2,317,334 | 13,160,271 | |
Sumitomo Corp. | 1,749,942 | 28,404,468 | |
Sumitomo Electric Industries Ltd. | 1,169,606 | 18,505,691 | |
Sumitomo Heavy Industries Ltd. | 172,564 | 5,614,426 | |
Sumitomo Metal Mining Co. Ltd. | 362,232 | 11,703,833 | |
Sumitomo Mitsui Financial Group, Inc. | 2,088,800 | 82,117,955 | |
Sumitomo Mitsui Trust Holdings, Inc. | 516,772 | 20,735,420 | |
Sumitomo Realty & Development Co. Ltd. | 554,000 | 19,196,292 | |
Sumitomo Rubber Industries Ltd. | 268,800 | 3,986,881 | |
Sundrug Co. Ltd. | 115,000 | 4,129,691 | |
Suntory Beverage & Food Ltd. | 217,200 | 8,904,203 | |
Suzuken Co. Ltd. | 111,616 | 5,072,998 | |
Suzuki Motor Corp. | 534,200 | 34,760,742 | |
Sysmex Corp. | 260,000 | 22,557,826 | |
T&D Holdings, Inc. | 866,500 | 13,175,698 | |
Taiheiyo Cement Corp. | 186,400 | 5,636,792 | |
Taisei Corp. | 330,718 | 14,793,164 | |
Taisho Pharmaceutical Holdings Co. Ltd. | 56,157 | 6,085,233 | |
Taiyo Nippon Sanso Corp. | 199,700 | 2,940,412 | |
Takashimaya Co. Ltd. | 221,000 | 3,568,302 | |
Takeda Pharmaceutical Co. Ltd. | 1,111,542 | 46,308,175 | |
TDK Corp. | 201,825 | 22,687,375 | |
Teijin Ltd. | 274,768 | 5,442,934 | |
Temp Holdings Co., Ltd. | 276,600 | 6,186,221 | |
Terumo Corp. | 472,424 | 26,063,893 | |
THK Co. Ltd. | 185,900 | 4,979,195 | |
Tobu Railway Co. Ltd. | 298,559 | 8,329,879 | |
Toho Co. Ltd. | 177,154 | 5,436,911 | |
Toho Gas Co. Ltd. | 115,100 | 3,858,766 | |
Tohoku Electric Power Co., Inc. | 668,390 | 8,385,705 | |
Tokio Marine Holdings, Inc. | 1,046,500 | 49,325,178 | |
Tokyo Century Corp. | 66,100 | 3,652,723 | |
Tokyo Electric Power Co., Inc. (b) | 2,251,118 | 10,413,776 | |
Tokyo Electron Ltd. | 244,018 | 41,544,028 | |
Tokyo Gas Co. Ltd. | 604,279 | 14,319,743 | |
Tokyo Tatemono Co. Ltd. | 301,400 | 3,694,598 | |
Tokyu Corp. | 777,777 | 12,824,115 | |
Tokyu Fudosan Holdings Corp. | 789,600 | 5,379,599 | |
Toppan Printing Co. Ltd. | 763,013 | 5,953,850 | |
Toray Industries, Inc. | 2,152,083 | 16,107,640 | |
Toshiba Corp. (b) | 10,133,880 | 30,280,336 | |
Tosoh Corp. | 404,100 | 6,350,091 | |
Toto Ltd. | 219,492 | 9,284,604 | |
Toyo Seikan Group Holdings Ltd. | 235,400 | 4,457,579 | |
Toyo Suisan Kaisha Ltd. | 138,200 | 5,093,412 | |
Toyoda Gosei Co. Ltd. | 101,500 | 2,532,247 | |
Toyota Industries Corp. | 228,486 | 12,934,722 | |
Toyota Motor Corp. | 3,550,163 | 221,007,098 | |
Toyota Tsusho Corp. | 329,300 | 11,232,535 | |
Trend Micro, Inc. | 185,600 | 11,692,917 | |
Tsuruha Holdings, Inc. | 56,900 | 6,498,614 | |
Unicharm Corp. | 626,040 | 20,464,200 | |
United Urban Investment Corp. | 4,501 | 7,101,299 | |
USS Co. Ltd. | 341,500 | 6,439,047 | |
West Japan Railway Co. | 255,400 | 17,138,533 | |
Yahoo! Japan Corp. (a) | 2,205,200 | 7,581,553 | |
Yakult Honsha Co. Ltd. | 172,866 | 12,290,896 | |
Yamada Denki Co. Ltd. (a) | 981,350 | 4,866,563 | |
Yamaguchi Financial Group, Inc. | 307,900 | 3,386,318 | |
Yamaha Corp. | 215,143 | 10,281,787 | |
Yamaha Motor Co. Ltd. | 435,900 | 11,051,483 | |
Yamato Holdings Co. Ltd. | 479,532 | 14,259,506 | |
Yamazaki Baking Co. Ltd. | 186,500 | 3,628,953 | |
Yaskawa Electric Corp. | 373,400 | 12,535,163 | |
Yokogawa Electric Corp. | 356,000 | 7,301,989 | |
Yokohama Rubber Co. Ltd. | 185,200 | 3,892,017 | |
TOTAL JAPAN | 5,369,973,861 | ||
Luxembourg - 0.3% | |||
ArcelorMittal SA (Netherlands) | 1,032,639 | 31,092,611 | |
Eurofins Scientific SA | 17,822 | 10,062,102 | |
Millicom International Cellular SA (depository receipt) | 103,188 | 5,940,688 | |
RTL Group SA (a) | 59,611 | 4,469,898 | |
SES SA (France) (depositary receipt) | 566,970 | 11,372,148 | |
Tenaris SA | 733,352 | 12,306,224 | |
TOTAL LUXEMBOURG | 75,243,671 | ||
Malta - 0.0% | |||
BGP Holdings PLC (b)(d) | 5,796,476 | 67 | |
Mauritius - 0.0% | |||
Golden Agri-Resources Ltd. | 10,166,480 | 2,110,995 | |
Multi-National - 0.1% | |||
HK Electric Investments & HK Electric Investments Ltd. unit (c) | 4,096,000 | 4,138,402 | |
HKT Trust/HKT Ltd. unit | 5,878,760 | 7,594,920 | |
TOTAL MULTI-NATIONAL | 11,733,322 | ||
Netherlands - 4.5% | |||
ABN AMRO Group NV GDR | 655,788 | 17,758,934 | |
AEGON NV | 2,770,723 | 16,614,459 | |
AEGON NV rights (b) | 2,770,723 | 450,256 | |
AerCap Holdings NV (b) | 194,275 | 11,067,847 | |
Airbus Group NV | 904,869 | 111,697,704 | |
Akzo Nobel NV | 392,766 | 36,709,321 | |
ASML Holding NV (Netherlands) | 637,076 | 130,266,238 | |
CNH Industrial NV | 1,587,564 | 18,980,479 | |
EXOR NV | 167,915 | 10,910,913 | |
Ferrari NV | 190,211 | 24,882,742 | |
Fiat Chrysler Automobiles NV | 1,675,603 | 28,318,562 | |
Heineken Holding NV | 179,526 | 17,108,393 | |
Heineken NV (Bearer) | 402,621 | 39,789,526 | |
ING Groep NV (Certificaten Van Aandelen) | 6,047,549 | 82,148,601 | |
Koninklijke Ahold Delhaize NV | 1,937,617 | 47,140,904 | |
Koninklijke DSM NV | 284,499 | 29,846,388 | |
Koninklijke KPN NV | 5,218,601 | 13,331,263 | |
Koninklijke Philips Electronics NV | 1,462,170 | 65,332,907 | |
NN Group NV | 478,381 | 20,506,518 | |
NN Group NV rights (b) | 478,381 | 366,485 | |
NXP Semiconductors NV (b) | 534,077 | 49,743,932 | |
QIAGEN NV (Germany) (b) | 354,447 | 13,721,002 | |
Randstad NV | 185,190 | 11,599,203 | |
RELX NV | 1,500,478 | 33,274,535 | |
STMicroelectronics NV (France) | 1,062,507 | 21,922,265 | |
Unilever NV (Certificaten Van Aandelen) (Bearer) | 2,398,306 | 137,905,911 | |
Vopak NV | 110,330 | 5,686,110 | |
Wolters Kluwer NV | 451,115 | 28,590,293 | |
TOTAL NETHERLANDS | 1,025,671,691 | ||
New Zealand - 0.2% | |||
Auckland International Airport Ltd. | 1,501,994 | 7,100,124 | |
Fisher & Paykel Healthcare Corp. | 891,681 | 9,669,054 | |
Fletcher Building Ltd. | 1,327,275 | 5,584,876 | |
Meridian Energy Ltd. | 1,978,503 | 4,241,087 | |
Ryman Healthcare Group Ltd. | 617,252 | 5,753,989 | |
Spark New Zealand Ltd. | 2,835,533 | 7,485,195 | |
The a2 Milk Co. Ltd. (b) | 1,128,480 | 9,422,122 | |
TOTAL NEW ZEALAND | 49,256,447 | ||
Norway - 0.7% | |||
Aker Bp ASA | 166,486 | 5,896,191 | |
DNB ASA | 1,519,572 | 30,948,993 | |
Equinor ASA | 1,817,206 | 46,610,305 | |
Gjensidige Forsikring ASA | 307,965 | 5,152,244 | |
Marine Harvest ASA (a) | 647,844 | 13,994,138 | |
Norsk Hydro ASA | 2,096,595 | 11,577,818 | |
Orkla ASA | 1,269,408 | 10,444,501 | |
Schibsted ASA (B Shares) | 153,007 | 4,980,940 | |
Telenor ASA | 1,167,836 | 22,016,643 | |
Yara International ASA | 274,866 | 12,651,607 | |
TOTAL NORWAY | 164,273,380 | ||
Papua New Guinea - 0.1% | |||
Oil Search Ltd. ADR | 2,128,448 | 13,710,066 | |
Portugal - 0.2% | |||
Banco Espirito Santo SA (Reg.) (b)(d) | 2,598,658 | 30 | |
Energias de Portugal SA | 3,977,892 | 15,537,343 | |
Galp Energia SGPS SA Class B | 777,391 | 15,764,170 | |
Jeronimo Martins SGPS SA | 394,357 | 5,907,262 | |
TOTAL PORTUGAL | 37,208,805 | ||
Singapore - 1.2% | |||
Ascendas Real Estate Investment Trust | 3,859,883 | 7,705,424 | |
CapitaCommercial Trust (REIT) | 4,069,353 | 5,247,718 | |
CapitaLand Ltd. | 3,990,037 | 9,971,095 | |
CapitaMall Trust | 3,869,300 | 6,032,787 | |
City Developments Ltd. | 636,100 | 4,300,760 | |
ComfortDelgro Corp. Ltd. | 3,337,784 | 5,568,850 | |
DBS Group Holdings Ltd. | 2,790,108 | 50,718,148 | |
Jardine Cycle & Carriage Ltd. | 153,830 | 3,635,747 | |
Keppel Corp. Ltd. | 2,264,600 | 10,773,989 | |
Oversea-Chinese Banking Corp. Ltd. | 4,889,186 | 40,251,941 | |
Sembcorp Industries Ltd. | 1,541,630 | 3,066,300 | |
Singapore Airlines Ltd. | 839,925 | 5,997,060 | |
Singapore Airport Terminal Service Ltd. | 1,033,900 | 3,819,076 | |
Singapore Exchange Ltd. | 1,248,200 | 6,738,670 | |
Singapore Press Holdings Ltd. | 2,481,321 | 5,061,891 | |
Singapore Technologies Engineering Ltd. | 2,433,261 | 5,921,163 | |
Singapore Telecommunications Ltd. | 12,688,927 | 29,860,649 | |
Suntec (REIT) | 3,289,900 | 4,482,251 | |
United Overseas Bank Ltd. | 2,078,760 | 40,983,021 | |
UOL Group Ltd. | 779,450 | 3,924,083 | |
Venture Corp. Ltd. | 426,200 | 5,623,461 | |
Wilmar International Ltd. | 2,983,200 | 6,955,113 | |
Yangzijiang Shipbuilding Holdings Ltd. | 3,733,600 | 2,910,606 | |
TOTAL SINGAPORE | 269,549,803 | ||
South Africa - 0.0% | |||
Old Mutual Ltd. | 2 | 4 | |
Spain - 2.9% | |||
ACS Actividades de Construccion y Servicios SA | 400,592 | 16,683,740 | |
Aena Sme SA | 104,676 | 18,529,157 | |
Amadeus IT Holding SA Class A | 682,049 | 63,271,735 | |
Banco Bilbao Vizcaya Argentaria SA | 10,363,315 | 64,393,058 | |
Banco de Sabadell SA | 8,739,010 | 13,410,111 | |
Banco Santander SA (Spain) | 25,080,086 | 124,628,624 | |
Bankia SA | 1,914,700 | 7,194,194 | |
Bankinter SA | 1,051,229 | 9,351,721 | |
CaixaBank SA | 5,580,747 | 24,876,728 | |
Enagas SA | 353,096 | 9,816,056 | |
Endesa SA | 493,719 | 11,054,797 | |
Ferrovial SA | 753,464 | 16,289,115 | |
Gas Natural SDG SA | 543,553 | 14,593,391 | |
Grifols SA | 463,599 | 13,630,644 | |
Iberdrola SA | 9,263,004 | 69,049,549 | |
Inditex SA | 1,695,194 | 51,226,399 | |
International Consolidated Airlines Group SA | 220,985 | 1,985,375 | |
International Consolidated Airlines Group SA CDI | 728,283 | 6,522,413 | |
MAPFRE SA (Reg.) | 1,668,741 | 4,918,020 | |
Red Electrica Corporacion SA | 672,606 | 14,098,853 | |
Repsol SA | 2,117,169 | 40,708,553 | |
Siemens Gamesa Renewable Energy SA (a)(b) | 373,329 | 5,570,607 | |
Telefonica SA | 7,261,847 | 58,753,237 | |
TOTAL SPAIN | 660,556,077 | ||
Sweden - 2.6% | |||
Alfa Laval AB | 454,778 | 12,188,547 | |
ASSA ABLOY AB (B Shares) | 1,556,611 | 31,743,403 | |
Atlas Copco AB: | |||
(A Shares) | 1,041,605 | 29,692,944 | |
(B Shares) | 605,032 | 15,997,194 | |
Boliden AB | 426,010 | 11,152,009 | |
Electrolux AB (B Shares) | 371,280 | 8,282,108 | |
Epiroc AB: | |||
Class A (b) | 1,047,105 | 10,877,348 | |
Class B (b) | 598,810 | 5,726,743 | |
Essity AB Class B | 943,534 | 24,452,038 | |
H&M Hennes & Mauritz AB (B Shares) (a) | 1,365,322 | 18,413,332 | |
Hexagon AB (B Shares) | 402,211 | 23,890,370 | |
Husqvarna AB (B Shares) | 654,106 | 5,199,861 | |
ICA Gruppen AB (a) | 125,192 | 3,812,510 | |
Industrivarden AB (C Shares) | 259,916 | 5,552,078 | |
Investor AB (B Shares) | 707,380 | 31,922,464 | |
Kinnevik AB (B Shares) | 364,350 | 11,968,173 | |
Lundbergfoeretagen AB | 118,237 | 3,971,767 | |
Lundin Petroleum AB | 291,548 | 10,128,297 | |
Nordea Bank AB | 4,718,542 | 50,976,960 | |
Sandvik AB | 1,753,065 | 30,680,530 | |
Securitas AB (B Shares) | 486,076 | 8,647,706 | |
Skandinaviska Enskilda Banken AB (A Shares) | 2,529,956 | 27,000,509 | |
Skanska AB (B Shares) (a) | 529,950 | 9,949,800 | |
SKF AB (B Shares) | 588,712 | 11,313,771 | |
Svenska Handelsbanken AB (A Shares) | 2,372,720 | 28,770,759 | |
Swedbank AB (A Shares) | 1,406,406 | 32,725,893 | |
Swedish Match Co. AB | 280,484 | 14,994,683 | |
Tele2 AB (B Shares) | 563,120 | 6,945,751 | |
Telefonaktiebolaget LM Ericsson (B Shares) | 4,774,594 | 40,287,098 | |
TeliaSonera AB | 4,383,593 | 19,441,839 | |
Volvo AB (B Shares) | 2,432,647 | 41,895,639 | |
TOTAL SWEDEN | 588,602,124 | ||
Switzerland - 8.2% | |||
ABB Ltd. (Reg.) | 2,863,585 | 67,442,169 | |
Adecco SA (Reg.) | 252,639 | 15,477,641 | |
Baloise Holdings AG | 75,863 | 11,662,200 | |
Barry Callebaut AG | 3,418 | 6,093,685 | |
Clariant AG (Reg.) | 308,319 | 7,704,396 | |
Coca-Cola HBC AG | 314,682 | 10,762,235 | |
Compagnie Financiere Richemont SA Series A | 811,263 | 71,635,363 | |
Credit Suisse Group AG | 3,971,564 | 59,472,461 | |
Dufry AG (a) | 50,287 | 6,220,698 | |
Ems-Chemie Holding AG | 12,803 | 8,084,020 | |
Galenica AG | 70,757 | 13,041,773 | |
Geberit AG (Reg.) | 57,613 | 26,201,507 | |
Givaudan SA | 14,354 | 34,920,539 | |
Julius Baer Group Ltd. | 348,728 | 18,503,994 | |
Kuehne & Nagel International AG | 84,219 | 13,598,425 | |
Lafargeholcim Ltd. (Reg.) | 754,338 | 36,734,334 | |
Lindt & Spruengli AG | 158 | 13,921,279 | |
Lindt & Spruengli AG (participation certificate) | 1,660 | 12,356,874 | |
Lonza Group AG | 115,727 | 37,240,393 | |
Nestle SA (Reg. S) | 4,837,015 | 405,473,152 | |
Novartis AG | 3,372,079 | 279,755,046 | |
Pargesa Holding SA | 59,620 | 4,844,029 | |
Partners Group Holding AG | 27,036 | 21,227,130 | |
Roche Holding AG (participation certificate) | 1,091,857 | 270,729,947 | |
Schindler Holding AG: | |||
(participation certificate) | 63,476 | 15,141,244 | |
(Reg.) | 31,258 | 7,223,928 | |
SGS SA (Reg.) | 8,324 | 21,925,377 | |
Sika AG | 201,360 | 29,853,425 | |
Sonova Holding AG Class B | 86,217 | 16,358,325 | |
Straumann Holding AG | 16,046 | 12,788,790 | |
Swatch Group AG (Bearer) | 47,974 | 20,471,546 | |
Swatch Group AG (Bearer) (Reg.) | 86,494 | 7,009,650 | |
Swiss Life Holding AG | 53,319 | 19,319,714 | |
Swiss Prime Site AG | 111,140 | 10,245,405 | |
Swiss Re Ltd. | 488,580 | 43,935,654 | |
Swisscom AG | 40,209 | 17,958,706 | |
Temenos Group AG | 94,092 | 16,988,496 | |
UBS Group AG | 5,989,410 | 93,525,634 | |
Zurich Insurance Group AG | 235,161 | 71,621,901 | |
TOTAL SWITZERLAND | 1,857,471,085 | ||
United Kingdom - 15.7% | |||
3i Group PLC | 1,508,754 | 17,533,800 | |
Admiral Group PLC | 311,624 | 8,403,303 | |
Anglo American PLC (United Kingdom) | 1,637,886 | 32,734,910 | |
Antofagasta PLC | 608,974 | 6,360,247 | |
Ashtead Group PLC | 766,346 | 23,467,161 | |
Associated British Foods PLC | 552,384 | 16,392,404 | |
AstraZeneca PLC (United Kingdom) | 1,968,597 | 148,577,522 | |
Auto Trader Group PLC (c) | 1,469,113 | 8,553,700 | |
Aviva PLC | 6,227,326 | 39,178,684 | |
Babcock International Group PLC | 390,594 | 3,612,555 | |
BAE Systems PLC | 4,962,104 | 39,046,707 | |
Barclays PLC | 26,587,348 | 60,904,208 | |
Barratt Developments PLC | 1,576,660 | 11,078,810 | |
Berkeley Group Holdings PLC | 197,858 | 9,344,769 | |
BHP Billiton PLC | 3,283,494 | 70,248,913 | |
BP PLC | 31,007,356 | 220,808,476 | |
British American Tobacco PLC (United Kingdom) | 3,564,778 | 172,382,985 | |
British Land Co. PLC | 1,440,736 | 11,872,005 | |
BT Group PLC | 13,106,030 | 36,999,797 | |
Bunzl PLC | 521,631 | 16,216,919 | |
Burberry Group PLC | 648,965 | 18,812,601 | |
Carnival PLC | 282,290 | 16,978,334 | |
Centrica PLC | 8,739,933 | 16,237,160 | |
Coca-Cola European Partners PLC | 339,048 | 14,457,007 | |
Compass Group PLC | 2,461,020 | 52,915,925 | |
ConvaTec Group PLC (c) | 2,121,596 | 5,866,909 | |
Croda International PLC | 204,102 | 13,495,010 | |
Diageo PLC | 3,824,295 | 133,752,870 | |
Direct Line Insurance Group PLC | 2,142,767 | 9,192,370 | |
easyJet PLC | 245,633 | 4,856,376 | |
Fresnillo PLC | 339,706 | 3,951,375 | |
G4S PLC (United Kingdom) | 2,395,971 | 7,747,004 | |
GlaxoSmithKline PLC | 7,707,576 | 156,100,659 | |
Hammerson PLC | 1,225,430 | 7,484,407 | |
Hargreaves Lansdown PLC | 444,076 | 12,665,891 | |
HSBC Holdings PLC (United Kingdom) | 31,162,764 | 271,239,630 | |
Imperial Tobacco Group PLC | 1,482,214 | 52,729,153 | |
Informa PLC | 1,942,127 | 19,196,245 | |
InterContinental Hotel Group PLC | 281,674 | 17,364,131 | |
Intertek Group PLC | 250,349 | 16,663,165 | |
Investec PLC | 1,042,308 | 6,842,984 | |
ITV PLC | 5,636,808 | 11,740,045 | |
J Sainsbury PLC | 2,731,330 | 11,480,028 | |
John Wood Group PLC | 1,055,176 | 9,830,325 | |
Johnson Matthey PLC | 300,606 | 13,624,634 | |
Kingfisher PLC | 3,333,862 | 11,851,849 | |
Land Securities Group PLC | 1,152,565 | 13,694,736 | |
Legal & General Group PLC | 9,258,304 | 30,523,447 | |
Lloyds Banking Group PLC | 112,075,994 | 86,334,456 | |
London Stock Exchange Group PLC | 486,762 | 29,180,335 | |
Marks & Spencer Group PLC | 2,532,712 | 9,903,140 | |
Mediclinic International PLC | 564,336 | 3,607,684 | |
Meggitt PLC | 1,199,655 | 8,370,585 | |
Melrose Industries PLC | 7,541,998 | 21,794,768 | |
Merlin Entertainments PLC (c) | 1,100,948 | 5,308,218 | |
Micro Focus International PLC | 678,697 | 11,522,149 | |
Mondi PLC | 569,851 | 15,846,902 | |
National Grid PLC | 5,220,262 | 54,819,250 | |
Next PLC | 222,605 | 15,872,794 | |
NMC Health PLC | 161,089 | 8,195,032 | |
Pearson PLC | 1,213,018 | 14,425,343 | |
Persimmon PLC | 483,120 | 15,238,875 | |
Prudential PLC | 4,027,894 | 90,566,008 | |
Reckitt Benckiser Group PLC | 1,040,225 | 88,608,663 | |
RELX PLC | 1,638,045 | 36,314,303 | |
Rio Tinto PLC | 1,860,189 | 88,344,855 | |
Rolls-Royce Holdings PLC | 2,601,468 | 33,895,366 | |
Royal Bank of Scotland Group PLC | 7,477,563 | 23,440,361 | |
Royal Dutch Shell PLC: | |||
Class A (United Kingdom) | 7,146,871 | 232,515,478 | |
Class B (United Kingdom) | 5,819,649 | 192,641,514 | |
Royal Mail PLC | 1,404,508 | 8,157,517 | |
RSA Insurance Group PLC | 1,594,337 | 13,055,034 | |
Sage Group PLC | 1,682,985 | 12,991,068 | |
Schroders PLC | 192,028 | 7,655,357 | |
Scottish & Southern Energy PLC | 1,576,952 | 25,626,858 | |
Segro PLC | 1,571,834 | 13,412,827 | |
Severn Trent PLC | 368,304 | 9,554,529 | |
SKY PLC | 1,602,864 | 32,012,099 | |
Smith & Nephew PLC | 1,360,991 | 24,018,696 | |
Smiths Group PLC | 615,292 | 12,854,860 | |
St. James's Place Capital PLC | 824,134 | 12,089,495 | |
Standard Chartered PLC (United Kingdom) | 4,364,036 | 35,479,778 | |
Standard Life PLC | 4,159,589 | 17,089,464 | |
Taylor Wimpey PLC | 5,101,192 | 11,067,593 | |
Tesco PLC | 15,205,777 | 48,592,043 | |
The Weir Group PLC | 375,793 | 9,132,505 | |
Travis Perkins PLC | 390,652 | 5,826,831 | |
Unilever PLC | 1,906,347 | 108,632,747 | |
United Utilities Group PLC | 1,062,282 | 10,213,282 | |
Vodafone Group PLC | 41,368,957 | 88,150,630 | |
Vodafone Group PLC sponsored ADR | 8,775 | 189,628 | |
Whitbread PLC | 284,843 | 16,972,325 | |
WM Morrison Supermarkets PLC | 3,479,897 | 11,876,557 | |
TOTAL UNITED KINGDOM | 3,536,409,947 | ||
TOTAL COMMON STOCKS | |||
(Cost $20,762,896,327) | 22,098,922,526 | ||
Nonconvertible Preferred Stocks - 0.7% | |||
France - 0.2% | |||
Air Liquide SA (b) | 320,692 | 40,388,392 | |
Germany - 0.5% | |||
Bayerische Motoren Werke AG (BMW) (non-vtg.) | 85,445 | 7,165,776 | |
Fuchs Petrolub AG | 108,845 | 6,373,946 | |
Henkel AG & Co. KGaA | 276,331 | 35,266,595 | |
Porsche Automobil Holding SE (Germany) | 237,616 | 15,033,809 | |
Sartorius AG (non-vtg.) | 55,543 | 10,083,348 | |
Volkswagen AG | 288,591 | 47,178,866 | |
TOTAL GERMANY | 121,102,340 | ||
Italy - 0.0% | |||
Telecom Italia SpA (Risparmio Shares) | 9,316,805 | 5,179,055 | |
TOTAL NONCONVERTIBLE PREFERRED STOCKS | |||
(Cost $143,939,839) | 166,669,787 | ||
Principal Amount | Value | ||
Government Obligations - 0.1% | |||
United States of America - 0.1% | |||
U.S. Treasury Bills, yield at date of purchase 1.9% to 2% 9/20/18 to 11/8/18 (e) | |||
(Cost $29,919,131) | 30,000,000 | 29,922,295 | |
Shares | Value | ||
Money Market Funds - 1.6% | |||
Fidelity Cash Central Fund, 1.97% (f) | 204,050,890 | 204,091,701 | |
Fidelity Securities Lending Cash Central Fund 1.98% (f)(g) | 150,936,663 | 150,951,757 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $355,059,667) | 355,043,458 | ||
TOTAL INVESTMENT IN SECURITIES - 100.3% | |||
(Cost $21,291,814,964) | 22,650,558,066 | ||
NET OTHER ASSETS (LIABILITIES) - (0.3)% | (65,949,534) | ||
NET ASSETS - 100% | $22,584,608,532 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
ICE E-mini MSCI EAFE Index Contracts (United States) | 4,132 | Sept. 2018 | $404,688,080 | $(8,347,935) | $(8,347,935) |
The notional amount of futures purchased as a percentage of Net Assets is 1.8%
Categorizations in the Schedule of Investments are based on country or territory of incorporation.
Legend
(a) Security or a portion of the security is on loan at period end.
(b) Non-income producing
(c) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $123,868,232 or 0.5% of net assets.
(d) Level 3 security
(e) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $16,651,009.
(f) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
(g) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $1,944,773 |
Fidelity Securities Lending Cash Central Fund | 1,939,407 |
Total | $3,884,180 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations if applicable.
Investment Valuation
The following is a summary of the inputs used, as of August 31, 2018, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
Investments in Securities: | ||||
Equities: | ||||
Consumer Discretionary | $2,733,123,354 | $1,859,469,486 | $873,653,868 | $-- |
Consumer Staples | 2,514,374,485 | 1,233,246,773 | 1,281,127,712 | -- |
Energy | 1,312,746,638 | 347,872,697 | 964,873,941 | -- |
Financials | 4,372,852,461 | 2,494,545,050 | 1,878,307,314 | 97 |
Health Care | 2,487,331,260 | 905,595,006 | 1,581,736,254 | -- |
Industrials | 3,211,736,883 | 2,303,826,945 | 907,909,938 | -- |
Information Technology | 1,561,187,597 | 920,107,510 | 641,080,087 | -- |
Materials | 1,779,969,094 | 1,300,508,098 | 479,460,996 | -- |
Real Estate | 771,991,222 | 771,991,222 | -- | -- |
Telecommunication Services | 812,342,944 | 177,283,695 | 635,059,249 | -- |
Utilities | 707,936,375 | 539,644,721 | 168,291,654 | -- |
Government Obligations | 29,922,295 | -- | 29,922,295 | -- |
Money Market Funds | 355,043,458 | 355,043,458 | -- | -- |
Total Investments in Securities: | $22,650,558,066 | $13,209,134,661 | $9,441,423,308 | $97 |
Derivative Instruments: | ||||
Liabilities | ||||
Futures Contracts | $(8,347,935) | $(8,347,935) | $-- | $-- |
Total Liabilities | $(8,347,935) | $(8,347,935) | $-- | $-- |
Total Derivative Instruments: | $(8,347,935) | $(8,347,935) | $-- | $-- |
The following is a summary of transfers between Level 1 and Level 2 for the period ended August 31, 2018. Transfers are assumed to have occurred at the beginning of the period, and are primarily attributable to the valuation techniques used for foreign equity securities, as discussed in the accompanying Notes to Financial Statements:
Transfers | Total |
Level 1 to Level 2 | $0 |
Level 2 to Level 1 | $11,974,779,136 |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of August 31, 2018. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
Equity Risk | ||
Futures Contracts(a) | $0 | $(8,347,935) |
Total Equity Risk | 0 | (8,347,935) |
Total Value of Derivatives | $0 | $(8,347,935) |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in net unrealized appreciation (depreciation).
See accompanying notes which are an integral part of the financial statements.
Fidelity® International Index Fund
Financial Statements
Statement of Assets and Liabilities
August 31, 2018 (Unaudited) | ||
Assets | ||
Investment in securities, at value (including securities loaned of $143,810,265) — See accompanying schedule: Unaffiliated issuers (cost $20,936,755,297) | $22,295,514,608 | |
Fidelity Central Funds (cost $355,059,667) | 355,043,458 | |
Total Investment in Securities (cost $21,291,814,964) | $22,650,558,066 | |
Foreign currency held at value (cost $9,389,568) | 9,374,129 | |
Receivable for investments sold | 21,154,910 | |
Receivable for fund shares sold | 86,695,821 | |
Dividends receivable | 119,882,506 | |
Interest receivable | 755 | |
Distributions receivable from Fidelity Central Funds | 429,863 | |
Other receivables | 502,818 | |
Total assets | 22,888,598,868 | |
Liabilities | ||
Payable for investments purchased | $120,830,384 | |
Payable for fund shares redeemed | 28,284,039 | |
Accrued management fee | 846,574 | |
Payable for daily variation margin on futures contracts | 2,572,691 | |
Other payables and accrued expenses | 502,574 | |
Collateral on securities loaned | 150,954,074 | |
Total liabilities | 303,990,336 | |
Net Assets | $22,584,608,532 | |
Net Assets consist of: | ||
Paid in capital | $21,009,193,241 | |
Undistributed net investment income | 455,329,330 | |
Accumulated undistributed net realized gain (loss) on investments and foreign currency transactions | (230,860,283) | |
Net unrealized appreciation (depreciation) on investments and assets and liabilities in foreign currencies | 1,350,946,244 | |
Net Assets | $22,584,608,532 | |
Investor Class: | ||
Net Asset Value, offering price and redemption price per share ($649,477,647 ÷ 15,403,731 shares) | $42.16 | |
Premium Class: | ||
Net Asset Value, offering price and redemption price per share ($11,358,808,943 ÷ 269,322,526 shares) | $42.18 | |
Institutional Class: | ||
Net Asset Value, offering price and redemption price per share ($3,330,609,833 ÷ 78,957,972 shares) | $42.18 | |
Institutional Premium Class: | ||
Net Asset Value, offering price and redemption price per share ($7,245,712,109 ÷ 171,777,693 shares) | $42.18 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
Six months ended August 31, 2018 (Unaudited) | ||
Investment Income | ||
Dividends | $518,850,327 | |
Interest | 225,469 | |
Income from Fidelity Central Funds (including $1,939,407 from security lending) | 3,884,180 | |
Income before foreign taxes withheld | 522,959,976 | |
Less foreign taxes withheld | (55,167,825) | |
Total income | 467,792,151 | |
Expenses | ||
Management fee | $5,099,480 | |
Transfer agent fees | 1,114,902 | |
Independent trustees' fees and expenses | 57,085 | |
Legal | 2,471 | |
Commitment fees | 31,511 | |
Total expenses before reductions | 6,305,449 | |
Expense reductions | (783) | |
Total expenses after reductions | 6,304,666 | |
Net investment income (loss) | 461,487,485 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | 227,111,721 | |
Fidelity Central Funds | (3,995) | |
Forward foreign currency contracts | 4,928,548 | |
Foreign currency transactions | (7,394,307) | |
Futures contracts | (16,738,216) | |
Total net realized gain (loss) | 207,903,751 | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | (1,122,922,263) | |
Fidelity Central Funds | (2,046) | |
Forward foreign currency contracts | (5,074,299) | |
Assets and liabilities in foreign currencies | (1,956,512) | |
Futures contracts | 8,590,640 | |
Total change in net unrealized appreciation (depreciation) | (1,121,364,480) | |
Net gain (loss) | (913,460,729) | |
Net increase (decrease) in net assets resulting from operations | $(451,973,244) |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
Six months ended August 31, 2018 (Unaudited) | Year ended February 28, 2018 | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net investment income (loss) | $461,487,485 | $535,604,110 |
Net realized gain (loss) | 207,903,751 | 446,692,138 |
Change in net unrealized appreciation (depreciation) | (1,121,364,480) | 2,377,357,685 |
Net increase (decrease) in net assets resulting from operations | (451,973,244) | 3,359,653,933 |
Distributions to shareholders from net investment income | (22,602,542) | (492,684,873) |
Distributions to shareholders from net realized gain | – | (29,746,994) |
Total distributions | (22,602,542) | (522,431,867) |
Share transactions - net increase (decrease) | 1,024,759,630 | 2,878,191,351 |
Total increase (decrease) in net assets | 550,183,844 | 5,715,413,417 |
Net Assets | ||
Beginning of period | 22,034,424,688 | 16,319,011,271 |
End of period | $22,584,608,532 | $22,034,424,688 |
Other Information | ||
Undistributed net investment income end of period | $455,329,330 | $16,444,387 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity International Index Fund Investor Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $43.08 | $36.88 | $32.81 | $39.75 | $41.19 | $35.31 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .85 | 1.08 | 1.06 | 1.11 | 1.13 | 1.35C |
Net realized and unrealized gain (loss) | (1.74) | 6.15 | 4.05 | (7.10) | (1.31) | 5.53 |
Total from investment operations | (.89) | 7.23 | 5.11 | (5.99) | (.18) | 6.88 |
Distributions from net investment income | (.03) | (.97) | (1.01) | (.95) | (1.26) | (.96) |
Distributions from net realized gain | – | (.06) | (.03) | – | – | (.04) |
Total distributions | (.03) | (1.03) | (1.04) | (.95) | (1.26) | (1.00) |
Redemption fees added to paid in capitalB | – | – | –D | –D | –D | –D |
Net asset value, end of period | $42.16 | $43.08 | $36.88 | $32.81 | $39.75 | $41.19 |
Total ReturnE,F | (2.07)% | 19.65% | 15.72% | (15.24)% | (.29)% | 19.66% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .14%I | .17% | .19% | .20% | .20% | .20% |
Expenses net of fee waivers, if any | .14%I | .17% | .19% | .20% | .20% | .20% |
Expenses net of all reductions | .14%I | .17% | .19% | .20% | .20% | .20% |
Net investment income (loss) | 3.98%I | 2.60% | 2.97% | 2.92% | 2.83% | 3.52%C |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $649,478 | $692,388 | $740,317 | $2,652,101 | $2,972,698 | $2,640,165 |
Portfolio turnover rateJ | 4%I,K | 2%K | 2% | 1%K | 1% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Net investment income per share reflects a large, non-recurring dividend which amounted to $.27 per share. Excluding this non-recurring dividend, the ratio of net investment income (loss) to average net assets would have been 2.82%.
D Amount represents less than $.005 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
K Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity International Index Fund Premium Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $43.08 | $36.88 | $32.82 | $39.76 | $41.20 | $35.31 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .87 | 1.12 | 1.10 | 1.14 | 1.17 | 1.38C |
Net realized and unrealized gain (loss) | (1.73) | 6.15 | 4.03 | (7.10) | (1.32) | 5.54 |
Total from investment operations | (.86) | 7.27 | 5.13 | (5.96) | (.15) | 6.92 |
Distributions from net investment income | (.04) | (1.01) | (1.04) | (.98) | (1.29) | (.99) |
Distributions from net realized gain | – | (.06) | (.03) | – | – | (.04) |
Total distributions | (.04) | (1.07) | (1.07) | (.98) | (1.29) | (1.03) |
Redemption fees added to paid in capitalB | – | – | –D | –D | –D | –D |
Net asset value, end of period | $42.18 | $43.08 | $36.88 | $32.82 | $39.76 | $41.20 |
Total ReturnE,F | (1.99)% | 19.77% | 15.80% | (15.17)% | (.21)% | 19.79% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .06%I | .07% | .11% | .17% | .17% | .17% |
Expenses net of fee waivers, if any | .06%I | .07% | .09% | .12% | .12% | .12% |
Expenses net of all reductions | .06%I | .07% | .09% | .12% | .12% | .12% |
Net investment income (loss) | 4.07%I | 2.70% | 3.07% | 3.00% | 2.91% | 3.60%C |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $11,358,809 | $11,462,486 | $8,719,903 | $7,677,907 | $8,304,964 | $7,201,814 |
Portfolio turnover rateJ | 4%I,K | 2%K | 2% | 1%K | 1% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Net investment income per share reflects a large, non-recurring dividend which amounted to $.27 per share. Excluding this non-recurring dividend, the ratio of net investment income (loss) to average net assets would have been 2.90%.
D Amount represents less than $.005 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
K Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity International Index Fund Institutional Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $43.09 | $36.89 | $32.82 | $39.76 | $41.20 | $35.31 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .87 | 1.13 | 1.11 | 1.16 | 1.18 | 1.40C |
Net realized and unrealized gain (loss) | (1.74) | 6.15 | 4.04 | (7.10) | (1.31) | 5.54 |
Total from investment operations | (.87) | 7.28 | 5.15 | (5.94) | (.13) | 6.94 |
Distributions from net investment income | (.04) | (1.02) | (1.05) | (1.00) | (1.31) | (1.01) |
Distributions from net realized gain | – | (.06) | (.03) | – | – | (.04) |
Total distributions | (.04) | (1.08) | (1.08) | (1.00) | (1.31) | (1.05) |
Redemption fees added to paid in capitalB | – | – | –D | –D | –D | –D |
Net asset value, end of period | $42.18 | $43.09 | $36.89 | $32.82 | $39.76 | $41.20 |
Total ReturnE,F | (2.01)% | 19.78% | 15.87% | (15.13)% | (.16)% | 19.85% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .05%I | .05% | .07% | .10% | .10% | .10% |
Expenses net of fee waivers, if any | .05%I | .05% | .06% | .07% | .07% | .07% |
Expenses net of all reductions | .05%I | .05% | .06% | .07% | .07% | .07% |
Net investment income (loss) | 4.08%I | 2.72% | 3.10% | 3.05% | 2.96% | 3.65%C |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $3,330,610 | $3,065,012 | $2,097,193 | $1,539,389 | $1,994,854 | $1,595,562 |
Portfolio turnover rateJ | 4%I,K | 2%K | 2% | 1%K | 1% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Net investment income per share reflects a large, non-recurring dividend which amounted to $.27 per share. Excluding this non-recurring dividend, the ratio of net investment income (loss) to average net assets would have been 2.95%.
D Amount represents less than $.005 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
K Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity International Index Fund Institutional Premium Class
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2018 | 2018 | 2017 | 2016A | 2015 | 2014 | |
Selected Per–Share Data | ||||||
Net asset value, beginning of period | $43.09 | $36.88 | $32.82 | $39.76 | $41.20 | $35.31 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .87 | 1.13 | 1.11 | 1.16 | 1.19 | 1.41C |
Net realized and unrealized gain (loss) | (1.74) | 6.16 | 4.04 | (7.10) | (1.32) | 5.53 |
Total from investment operations | (.87) | 7.29 | 5.15 | (5.94) | (.13) | 6.94 |
Distributions from net investment income | (.04) | (1.02) | (1.06) | (1.00) | (1.31) | (1.01) |
Distributions from net realized gain | – | (.06) | (.03) | – | – | (.04) |
Total distributions | (.04) | (1.08) | (1.09) | (1.00) | (1.31) | (1.05) |
Redemption fees added to paid in capitalB | – | – | –D | –D | –D | –D |
Net asset value, end of period | $42.18 | $43.09 | $36.88 | $32.82 | $39.76 | $41.20 |
Total ReturnE,F | (2.01)% | 19.82% | 15.85% | (15.12)% | (.15)% | 19.86% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .05%I | .05% | .06% | .08% | .08% | .08% |
Expenses net of fee waivers, if any | .05%I | .05% | .05% | .06% | .06% | .06% |
Expenses net of all reductions | .05%I | .05% | .05% | .06% | .06% | .06% |
Net investment income (loss) | 4.08%I | 2.72% | 3.11% | 3.06% | 2.97% | 3.66%C |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $7,245,712 | $6,814,539 | $4,761,598 | $1,734,082 | $1,797,254 | $1,651,834 |
Portfolio turnover rateJ | 4%I,K | 2%K | 2% | 1%K | 1% | 2% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Net investment income per share reflects a large, non-recurring dividend which amounted to $.27 per share. Excluding this non-recurring dividend, the ratio of net investment income (loss) to average net assets would have been 2.96%.
D Amount represents less than $.005 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the class during periods when reimbursements or reductions occur. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the class.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
K Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Notes to Financial Statements (Unaudited)
For the period ended August 31, 2018
1. Organization.
Fidelity Total Market Index Fund, Fidelity Extended Market Index Fund and Fidelity International Index Fund (the Funds) are funds of Fidelity Concord Street Trust (the Trust). Each Fund is authorized to issue an unlimited number of shares. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Massachusetts business trust. Fidelity Total Market Index Fund offers Investor Class, Premium Class, Institutional Class, Institutional Premium Class and Class F shares. Fidelity Extended Market Index Fund offers Investor Class, Premium Class and Institutional Premium Class shares. Fidelity International Index Fund offers Investor Class, Premium Class, Institutional Class and Institutional Premium Class shares, each of which has equal rights as to assets and voting privileges. Each class has exclusive voting rights with respect to matters that affect that class. Each Fund offers conversion privileges between share classes within each Fund to eligible shareholders. Class F shares of the Fund are only available for purchase by mutual funds for which Fidelity Management & Research Company (FMR) or an affiliate serves as investment manager.
2. Investments in Fidelity Central Funds.
The Funds invest in Fidelity Central Funds, which are open-end investment companies generally available only to other investment companies and accounts managed by the investment adviser and its affiliates. The Funds' Schedules of Investments list each of the Fidelity Central Funds held as of period end, if any, as an investment of each Fund, but do not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, each Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.
The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of the investment adviser. Annualized expenses of the Money Market Central Funds as of their most recent shareholder report date are less than .005%.
A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds are available on the SEC website or upon request.
3. Significant Accounting Policies.
Each Fund is an investment company and applies the accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services – Investments Companies. The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Subsequent events, if any, through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the Funds:
Investment Valuation. Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of each Fund's investments to the Fair Value Committee (the Committee) established by each Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, each Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees each Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing each Fund's investments and ratifies the fair value determinations of the Committee.
Each Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:
- Level 1 – quoted prices in active markets for identical investments
- Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
- Level 3 – unobservable inputs (including the Fund's own assumptions based on the best information available)
Valuation techniques used to value each Fund's investments by major category are as follows:
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. Utilizing these techniques may result in transfers between Level 1 and Level 2. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. U.S. government and government agency obligations are valued by pricing vendors who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy. Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. The aggregate value of investments by input level as of August 31, 2018, including information on transfers between Levels 1 and 2, is included at the end of each applicable Fund's Schedule of Investments.
Foreign Currency. Foreign-denominated assets, including investment securities, and liabilities are translated into U.S. dollars at the exchange rates at period end. Purchases and sales of investment securities, income and dividends received and expenses denominated in foreign currencies are translated into U.S. dollars at the exchange rate in effect on the transaction date.
The effects of exchange rate fluctuations on investments are included with the net realized and unrealized gain (loss) on investment securities. Other foreign currency transactions resulting in realized and unrealized gain (loss) are disclosed separately.
Realized gains and losses on foreign currency transactions arise from the disposition of foreign currency, realized changes in the value of foreign currency between the trade and settlement dates on security transactions, and the difference between the amounts of dividends, interest and foreign withholding taxes recorded on transaction date and the U.S. dollar equivalent of the amounts actually received or paid. Unrealized gains and losses on assets and liabilities in foreign currencies arise from changes in the value of foreign currency, and from assets and liabilities denominated in foreign currencies, other than investments, which are held at period end.
Investment Transactions and Income. For financial reporting purposes, the Funds' investment holdings and NAV include trades executed through the end of the last business day of the period. The NAV per share for processing shareholder transactions is calculated as of the close of business of the New York Stock Exchange (NYSE), normally 4:00 p.m. Eastern time and includes trades executed through the end of the prior business day. Gains and losses on securities sold are determined on the basis of identified cost and for certain Funds include proceeds received from litigation. Dividend income is recorded on the ex-dividend date, except for certain dividends from foreign securities where the ex-dividend date may have passed, which are recorded as soon as the Funds are informed of the ex-dividend date. Non-cash dividends included in dividend income, if any, are recorded at the fair market value of the securities received. Income and capital gain distributions from Fidelity Central Funds, if any, are recorded on the ex-dividend date. Certain distributions received by the Funds represent a return of capital or capital gain. The Funds determine the components of these distributions subsequent to the ex-dividend date, based upon receipt of tax filings or other correspondence relating to the underlying investment. These distributions are recorded as a reduction of cost of investments and/or as a realized gain. Interest income is accrued as earned and includes coupon interest and amortization of premium and accretion of discount on debt securities as applicable. Investment income is recorded net of foreign taxes withheld where recovery of such taxes is uncertain.
Class Allocations and Expenses. Investment income, realized and unrealized capital gains and losses, common expenses of each Fund, and certain fund-level expense reductions, if any, are allocated daily on a pro-rata basis to each class based on the relative net assets of each class to the total net assets of each Fund. Each class differs with respect to transfer agent fees incurred. Certain expense reductions may also differ by class. For the reporting period, the allocated portion of income and expenses to each class as a percent of its average net assets may vary due to the timing of recording these transactions in relation to fluctuating net assets of the classes. Expenses directly attributable to a fund are charged to that fund. Expenses attributable to more than one fund are allocated among the respective funds on the basis of relative net assets or other appropriate methods. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.
Deferred Trustee Compensation. Under a Deferred Compensation Plan (the Plan) for Fidelity Total Market Index Fund, Fidelity Extended Market Index Fund and Fidelity International Index Fund, certain independent Trustees have elected to defer receipt of a portion of their annual compensation. Deferred amounts are invested in a cross-section of Fidelity funds, are marked-to-market and remain in the Fund until distributed in accordance with the Plan. The investment of deferred amounts and the offsetting payable to the Trustees of $895,163 for Fidelity Total Market Index Fund, $487,612 for Fidelity Extended Market Index Fund and $502,818 for Fidelity International Index Fund, are included in the accompanying Statement of Assets and Liabilities in other receivables and other payables and accrued expenses, respectively.
Income Tax Information and Distributions to Shareholders. Each year, each Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code, including distributing substantially all of its taxable income and realized gains. As a result, no provision for U.S. Federal income taxes is required. Each Fund files a U.S. federal tax return, in addition to state and local tax returns as required. Each Fund's federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction. Foreign taxes are provided for based on each Fund's understanding of the tax rules and rates that exist in the foreign markets in which it invests.
Distributions are declared and recorded on the ex-dividend date. Income and capital gain distributions are declared separately for each class. Income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP.
Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Capital accounts are not adjusted for temporary book-tax differences which will reverse in a subsequent period.
Book-tax differences are primarily due to futures contracts, foreign currency transactions, passive foreign investment companies (PFIC), market discount, redemptions in kind, partnerships, deferred trustees compensation, capital loss carryforwards, expiring capital loss carryforwards, certain deemed distributions and losses deferred due to wash sales and excise tax regulations.
As of period end, the cost and unrealized appreciation (depreciation) in securities, and derivatives if applicable, for federal income tax purposes were as follows for each Fund:
Tax cost | Gross unrealized appreciation | Gross unrealized depreciation | Net unrealized appreciation (depreciation) | |
Fidelity Total Market Index | $36,663,095,452 | $25,491,640,385 | $(2,107,776,544) | $23,383,863,841 |
Fidelity Extended Market Index | 19,835,974,770 | 9,700,839,543 | (1,899,302,360) | 7,801,537,183 |
Fidelity International Index | 21,398,240,910 | 4,402,598,588 | (3,158,629,367) | 1,243,969,221 |
Capital loss carryforwards are only available to offset future capital gains of the Funds to the extent provided by regulations and may be limited. Under the Regulated Investment Company Modernization Act of 2010 (the Act), the Funds are permitted to carry forward capital losses incurred in taxable years beginning after December 22, 2010 for an unlimited period and such capital losses are required to be used prior to any losses that expire. The capital loss carryforward information presented below, including any applicable limitation, is estimated as of prior fiscal period end and is subject to adjustment.
Fiscal year of expiration | ||
2019 | Total with expiration | |
Fidelity International Index | $(49,793,394) | $(49,793,394) |
No expiration | ||||
Short-term | Long-term | Total no expiration | Total capital loss carryforward | |
Fidelity International Index | $(–) | $(288,964,540) | $(288,964,540) | $(338,757,934) |
Fidelity Extended Market Index intends to elect to defer to the next fiscal year $3,369,398 of capital losses recognized during the period November 1, 2017 to February 28, 2018.
Restricted Securities. The Funds may invest in securities that are subject to legal or contractual restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are registered. Disposal of these securities may involve time-consuming negotiations and expense, and prompt sale at an acceptable price may be difficult. Information regarding restricted securities is included at the end of each applicable Fund's Schedule of Investments.
4. Derivative Instruments.
Risk Exposures and the Use of Derivative Instruments. The Funds' investment objective allows the Funds to enter into various types of derivative contracts, including futures contracts and forward foreign currency contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.
The Funds used derivatives to increase returns and to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Funds may not achieve their objectives.
The Funds' use of derivatives increased or decreased their exposure to the following risks:
Equity Risk | Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment. |
Foreign Exchange Risk | Foreign exchange rate risk relates to fluctuations in the value of an asset or liability due to changes in currency exchange rates. |
The Funds are also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Funds will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Funds. Counterparty credit risk related to exchange-traded futures contracts may be mitigated by the protection provided by the exchange on which they trade.
Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received and amounts recognized in the Statement of Assets and Liabilities. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.
Net Realized Gain (Loss) and Change in Net Unrealized Appreciation (Depreciation) on Derivatives. The table below, which reflects the impacts of derivatives on the financial performance of the Funds, summarizes the net realized gain (loss) and change in net unrealized appreciation (depreciation) for derivatives during the period as presented in the Statement of Operations.
Primary Risk Exposure / Derivative Type | Net Realized Gain (Loss) | Change in Net Unrealized Appreciation (Depreciation) |
Fidelity Total Market Index | ||
Equity Risk | ||
Futures Contracts | $12,178,931 | $1,169,644 |
Total Equity Risk | 12,178,931 | 1,169,644 |
Totals | $12,178,931 | $1,169,644 |
Fidelity Extended Market Index | ||
Equity Risk | ||
Futures Contracts | $7,002,750 | $2,859,263 |
Total Equity Risk | 7,002,750 | 2,859,263 |
Totals | $7,002,750 | $2,859,263 |
Fidelity International Index | ||
Equity Risk | ||
Futures Contracts | $(16,738,216) | $8,590,640 |
Total Equity Risk | (16,738,216) | 8,590,640 |
Foreign Exchange Risk | ||
Forward Foreign Currency Contracts | $4,928,548 | $(5,074,299) |
Total Foreign Exchange Risk | 4,928,548 | (5,074,299) |
Totals | $(11,809,668) | $3,516,341 |
A summary of the value of derivatives by primary risk exposure as of period end, if any, is included at the end of the Schedule of Investments.
Forward Foreign Currency Contracts. Forward foreign currency contracts represent obligations to purchase or sell foreign currency on a specified future date at a price fixed at the time the contracts are entered into. Fidelity International Index used forward foreign currency contracts to facilitate transactions in foreign-denominated securities and to manage exposure to certain foreign currencies.
Forward foreign currency contracts are valued daily and fluctuations in exchange rates on open contracts are recorded as unrealized appreciation or (depreciation) and reflected in the Statement of Assets and Liabilities. When the contract is closed, Fidelity International Index realizes a gain or loss equal to the difference between the closing value and the value at the time it was opened. The net realized gain (loss) and change in net unrealized appreciation (depreciation) on forward foreign currency contracts during the period is presented in the Statement of Operations.
Any open forward foreign currency contracts at period end are presented in the Schedule of Investments under the caption "Forward Foreign Currency Contracts." The contract amount and unrealized appreciation (depreciation) reflects each contract's exposure to the underlying currency at period end.
Futures Contracts. A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a fixed price at a specified future date. The Funds used futures contracts to manage their exposure to the stock market.
Upon entering into a futures contract, a fund is required to deposit either cash or securities (initial margin) with a clearing broker in an amount equal to a certain percentage of the face value of the contract. Futures contracts are marked-to-market daily and subsequent daily payments (variation margin) are made or received by a fund depending on the daily fluctuations in the value of the futures contracts and are recorded as unrealized appreciation or (depreciation). This receivable and/or payable, if any, is included in daily variation margin on futures contracts in the Statement of Assets and Liabilities. Realized gain or (loss) is recorded upon the expiration or closing of a futures contract. The net realized gain (loss) and change in net unrealized appreciation (depreciation) on futures contracts during the period is presented in the Statement of Operations.
Any open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The notional amount at value reflects each contract's exposure to the underlying instrument or index at period end and is representative of volume of activity during the period. Securities deposited to meet initial margin requirements are identified in the Schedule of Investments. Cash deposited to meet initial margin requirements is presented as segregated cash with brokers for derivative instruments in the Statement of Assets and Liabilities.
5. Purchases and Sales of Investments.
Purchases and sales of securities, other than short-term securities and in-kind transactions, are noted in the table below.
Purchases ($) | Sales ($) | |
Fidelity Total Market Index | 5,281,197,368 | 1,222,963,702 |
Fidelity Extended Market Index | 1,975,320,321 | 1,233,997,705 |
Fidelity International Index | 2,245,645,365 | 395,870,657 |
Redemption In-Kind. Securities delivered in-kind through redemptions are noted in the table below. Realized gain (loss) on securities delivered in-kind through redemptions is included in each applicable Fund's accompanying Statement of Operations as realized gain or loss on investment securities and is not taxable to the Fund.
Value of securities | ||
Delivered | Realized gain (loss) | |
Fidelity Extended Market Index | $441,023,062 | $292,072,729 |
Fidelity International Index | $423,571,757 | $173,776,605 |
Prior Fiscal Year Exchanges In-Kind. During the prior period, investments and cash received in-kind through subscriptions totaled $172,362,566 in exchange for 4,418,420 shares of Fidelity International Index. The amount of in-kind exchanges is included in share transactions in the accompanying Notes to Financial Statements. The Fund recognized no gain or loss for federal income tax purposes.
6. Fees and Other Transactions with Affiliates.
Management Fee and Expense Contract. Fidelity Management & Research Company (the investment adviser) and its affiliates provide the Funds with investment management related services for which the Funds pay a monthly management fee. The management fee is based on an annual rate of .015% for Fidelity Total Market Index Fund and .045% for Fidelity Extended Market Index Fund and Fidelity International Index Fund's average net assets. Under the management contract, the investment adviser pays all other fund-level expenses, except the compensation of the independent Trustees and certain other expenses such as interest expense, including commitment fees.
Effective August 1, 2018, the Board approved an amendment to the expense contract. Under the expense contract, the investment adviser pays class-level expenses as necessary so that the total expenses do not exceed certain amounts of each class' average net assets on an annual basis with certain exceptions, as noted in the following table:
Investor Class | Premium Class | Institutional Class | Institutional Premium Class | Class F | |
Fidelity Total Market Index Fund | .015% | .015% | .015% | .015% | .015% |
Fidelity Extended Market Index Fund | .045% | .045% | n/a | .045% | n/a |
Fidelity International Index Fund | .045% | .045% | .045% | .045% | n/a |
Prior to August 1, 2018, the investment adviser paid class-level expenses as necessary so that the total expenses did not exceed certain amounts as noted in the following table:
Investor Class | Premium Class | Institutional Class | Institutional Premium Class | Class F | |
Fidelity Total Market Index Fund | .09% | .035% | .030% | .015% | .015% |
Fidelity Extended Market Index Fund | .10% | .07% | n/a | .045% | n/a |
Fidelity International Index Fund | .16% | .06% | .05% | .045% | n/a |
Sub-Adviser. Geode Capital Management, LLC (Geode), serves as sub-adviser for the Funds. Geode provides discretionary investment advisory services to the Funds and is paid by the investment adviser for providing these services.
Transfer Agent Fees. Fidelity Investments Institutional Operations Company, Inc. (FIIOC), an affiliate of the investment adviser, is the transfer, dividend disbursing and shareholder servicing agent for each class of the Funds. FIIOC receives transfer agent fees at annual rates based on class-level average net assets noted in the table below. FIIOC receives no fees for providing transfer agency services to Class F. FIIOC pays for typesetting, printing and mailing of shareholder reports, except proxy statements.
Effective August 1, 2018, under the amended expense contract, each class pays no transfer agent fees. Prior to August 1, 2018, each class paid all or a portion of the transfer agent fees at an annual rate based on class-level average net assets as noted in the following table:
Received by FIIOC | Paid by Class Prior to August 1, 2018 | |
Fidelity Total Market Index | ||
Investor Class | .075% | .075% |
Premium Class | .045% | .02% |
Institutional Class | .035% | .015% |
Institutional Premium Class | .015% | .00% |
Fidelity Extended Market Index | ||
Investor Class | .075% | .055% |
Premium Class | .045% | .025% |
Institutional Premium Class | .015% | .00% |
Fidelity International Index | ||
Investor Class | .21% | .115% |
Premium Class | .11% | .015% |
Institutional Class | .035% | .005% |
Institutional Premium Class | .015% | .00% |
For the period, the total transfer agent fees paid by each applicable class were as follows:
Amount | % of Class-Level Average Net Assets(a) | |
Fidelity Total Market Index | ||
Investor Class | $250,548 | .062 |
Premium Class | 2,334,574 | .016 |
Institutional Class | 217,748 | .012 |
Institutional Premium Class | – | – |
$2,802,870 | ||
Fidelity Extended Market Index | ||
Investor Class | $147,090 | .046 |
Premium Class | 1,938,048 | .021 |
Institutional Premium Class | – | – |
$2,085,138 | ||
Fidelity International Index | ||
Investor Class | $325,982 | .096 |
Premium Class | 721,499 | .013 |
Institutional Class | 67,421 | .004 |
Institutional Premium Class | – | – |
$1,114,902 |
(a) Annualized
Interfund Lending Program. Pursuant to an Exemptive Order issued by the SEC, the Funds, along with other registered investment companies having management contracts with Fidelity Management & Research Company (FMR) or other affiliated entities of FMR, may participate in an interfund lending program. This program provides an alternative credit facility allowing the funds to borrow from, or lend money to, other participating affiliated funds. At period end, Fidelity Total Market Index had no interfund loans outstanding. Each applicable fund's activity in this program during the period for which loans were outstanding was as follows:
Borrower or Lender | Average Loan Balance | Weighted Average Interest Rate | Interest Expense | |
Fidelity Total Market Index | Borrower | $34,077,875 | 2.15% | $16,268 |
Interfund Trades. The Funds may purchase from or sell securities to other Fidelity Funds under procedures adopted by the Board. The procedures have been designed to ensure these interfund trades are executed in accordance with Rule 17a-7 of the 1940 Act. Interfund trades are included within the respective purchases and sales amounts shown in the Purchases and Sales of Investments note.
Other. During the period, the investment adviser reimbursed the Fidelity International Index Fund for certain losses in the amount of $4,018.
Prior Fiscal Year Redemption In-Kind. During the prior period, 14,197,390 shares of Fidelity International Index Fund held by an affiliated entity were redeemed in-kind for investments and cash with a value of $621,987,635. The Fund had a net realized gain of $320,859,246 on investments delivered through in-kind redemptions. The amount of the in-kind redemptions is included in share transactions in the Notes to Financial Statements. The Fund recognized no gain or loss for federal income tax purposes.
7. Committed Line of Credit.
Certain Funds participate with other funds managed by the investment adviser or an affiliate in a $4.25 billion credit facility (the "line of credit") to be utilized for temporary or emergency purposes to fund shareholder redemptions or for other short-term liquidity purposes. The participating funds have agreed to pay commitment fees on their pro-rata portion of the line of credit, which are reflected in Commitment fees on the Statement of Operations, and are as follows:
Fidelity Total Market Index | $71,142 |
Fidelity Extended Market Index | 30,258 |
Fidelity International Index | 31,511 |
During the period, the Funds did not borrow on this line of credit.
8. Security Lending.
Certain Funds lend portfolio securities through a lending agent from time to time in order to earn additional income. For equity securities, a lending agent is used and may loan securities to certain qualified borrowers, including Fidelity Capital Markets (FCM), a broker-dealer affiliated with the Funds. On the settlement date of the loan, each applicable Fund receives collateral (in the form of U.S. Treasury obligations, letters of credit and/or cash) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of the loaned securities during the period of the loan. The market value of the loaned securities is determined at the close of business of the Funds and any additional required collateral is delivered to the Funds on the next business day. The Funds or borrower may terminate the loan at any time, and if the borrower defaults on its obligation to return the securities loaned because of insolvency or other reasons, the Funds may apply collateral received from the borrower against the obligation. The Funds may experience delays and costs in recovering the securities loaned. Any cash collateral received is invested in the Fidelity Securities Lending Cash Central Fund. The value of loaned securities and cash collateral at period end are disclosed on each applicable Fund's Statement of Assets and Liabilities. At period end, there were no security loans outstanding with FCM. Security lending income represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium payments received for lending certain types of securities. Security lending income is presented on each applicable Fund's Statement of Operations as a component of income from Fidelity Central Funds. FCM security lending activity was as follows:
Security Lending Income From Securities Loaned to FCM | Value of Securities Loaned to FCM at Period End | |
Fidelity Total Market Index | $165,990 | $8,158,306 |
Fidelity Extended Market Index | $531,991 | $18,949,108 |
Fidelity International Index | $48 | $– |
9. Expense Reductions.
Through arrangements with each applicable Fund's custodian, credits realized as a result of certain uninvested cash balances were used to reduce each applicable Fund's expenses as noted in the table below.
Management fee reduction | |
Fidelity Total Market Index | $6,402 |
Fidelity Extended Market Index | 9,943 |
Fidelity International Index | 783 |
10. Distributions to Shareholders.
Distributions to shareholders of each class were as follows:
Six months ended August 31, 2018 | Year ended February 28, 2018 | |
Fidelity Total Market Index | ||
From net investment income | ||
Investor Class | $2,478,522 | $12,586,670 |
Premium Class | 89,860,399 | 435,270,799 |
Institutional Class | 10,965,878 | 44,873,287 |
Institutional Premium Class | 20,946,671 | 94,317,041 |
Class F | 42,774,264 | 191,676,053 |
Total | $167,025,734 | $778,723,850 |
From net realized gain | ||
Investor Class | $164,548 | $5,321,710 |
Premium Class | 5,694,270 | 177,589,449 |
Institutional Class | 692,013 | 18,221,313 |
Institutional Premium Class | 1,305,698 | 37,888,601 |
Class F | 2,666,205 | 76,838,875 |
Total | $10,522,734 | $315,859,948 |
Fidelity Extended Market Index | ||
From net investment income | ||
Investor Class | $503,933 | $9,206,140 |
Premium Class | 16,357,102 | 220,109,370 |
Institutional Premium Class | 2,940,235 | 35,451,606 |
Total | $19,801,270 | $264,767,116 |
From net realized gain | ||
Investor Class | $– | $32,438,665 |
Premium Class | – | 743,291,615 |
Institutional Premium Class | – | 115,941,684 |
Total | $– | $891,671,964 |
Fidelity International Index | ||
From net investment income | ||
Investor Class | $493,861 | $15,703,123 |
Premium Class | 11,498,487 | 258,467,735 |
Institutional Class | 3,239,034 | 65,473,787 |
Institutional Premium Class | 7,371,160 | 153,040,228 |
Total | $22,602,542 | $492,684,873 |
From net realized gain | ||
Investor Class | $– | $986,439 |
Premium Class | – | 15,621,751 |
Institutional Class | – | 3,939,343 |
Institutional Premium Class | – | 9,199,461 |
Total | $ - | $29,746,994 |
11. Share Transactions.
Share transactions for each class were as follows and may contain automatic conversions between classes or exchanges between affiliated funds:
Shares | Shares | Dollars | Dollars | |
Six months ended August 31, 2018 | Year ended February 28, 2018 | Six months ended August 31, 2018 | Year ended February 28, 2018 | |
Fidelity Total Market Index | ||||
Investor Class | ||||
Shares sold | 2,723,117 | 6,491,579 | $215,950,096 | $473,077,417 |
Reinvestment of distributions | 32,797 | 227,908 | 2,485,299 | 16,995,879 |
Shares redeemed | (2,348,254) | (7,266,119) | (185,589,293) | (529,723,284) |
Net increase (decrease) | 407,660 | (546,632) | $32,846,102 | $(39,649,988) |
Premium Class | ||||
Shares sold | 26,131,870 | 59,682,692 | $2,068,764,384 | $4,353,636,860 |
Reinvestment of distributions | 1,130,172 | 7,372,266 | 85,644,406 | 550,334,111 |
Shares redeemed | (22,803,631) | (54,136,097) | (1,811,868,466) | (3,981,489,838) |
Net increase (decrease) | 4,458,411 | 12,918,861 | $342,540,324 | $922,481,133 |
Institutional Class | ||||
Shares sold | 5,818,678 | 17,997,705 | $457,907,605 | $1,330,831,506 |
Reinvestment of distributions | 129,741 | 732,368 | 9,830,506 | 54,656,693 |
Shares redeemed | (4,146,204) | (9,961,881) | (329,560,409) | (724,114,212) |
Net increase (decrease) | 1,802,215 | 8,768,192 | $138,177,702 | $661,373,987 |
Institutional Premium Class | ||||
Shares sold | 41,528,589 | 19,386,022 | $3,272,627,679 | $1,424,547,920 |
Reinvestment of distributions | 293,720 | 1,770,295 | 22,252,243 | 132,205,306 |
Shares redeemed | (15,030,904) | (10,876,497) | (1,189,211,901) | (794,477,913) |
Net increase (decrease) | 26,791,405 | 10,279,820 | $2,105,668,021 | $762,275,313 |
Class F | ||||
Shares sold | 20,340,963 | 36,022,682 | $1,589,711,870 | $2,617,551,668 |
Reinvestment of distributions | 599,637 | 3,591,887 | 45,440,469 | 268,514,928 |
Shares redeemed | (11,463,696) | (10,934,635) | (914,968,981) | (823,156,173) |
Net increase (decrease) | 9,476,904 | 28,679,934 | $720,183,358 | $2,062,910,423 |
Fidelity Extended Market Index | ||||
Investor Class | ||||
Shares sold | 1,373,116 | 3,991,694 | $90,082,194 | $239,037,979 |
Reinvestment of distributions | 7,831 | 675,931 | 488,757 | 40,774,046 |
Shares redeemed | (2,828,947) | (7,533,841) | (181,683,394) | (452,172,226) |
Net increase (decrease) | (1,448,000) | (2,866,216) | $(91,112,443) | $(172,360,201) |
Premium Class | ||||
Shares sold | 28,969,680 | 63,342,564 | $1,894,979,803 | $3,816,914,744 |
Reinvestment of distributions | 249,891 | 15,232,360 | 15,595,685 | 921,328,809 |
Shares redeemed | (25,524,578) | (72,724,257) | (1,674,802,147) | (4,378,600,164) |
Net increase (decrease) | 3,694,993 | 5,850,667 | $235,773,341 | $359,643,389 |
Institutional Premium Class | ||||
Shares sold | 4,003,539 | 17,002,258 | $261,902,230 | $1,011,348,990 |
Reinvestment of distributions | 47,126 | 2,498,579 | 2,940,213 | 151,393,120 |
Shares redeemed | (11,106,133)(a) | (9,306,004) | (737,477,469)(a) | (554,308,152) |
Net increase (decrease) | (7,055,468) | 10,194,833 | $(472,635,026) | $608,433,958 |
Fidelity International Index | ||||
Investor Class | ||||
Shares sold | 2,315,466 | 9,622,744 | $99,195,737 | $397,671,186 |
Reinvestment of distributions | 10,462 | 369,295 | 453,026 | 15,632,929 |
Shares redeemed | (2,995,572) | (13,994,223) | (128,128,436) | (573,236,825) |
Net increase (decrease) | (669,644) | (4,002,184) | $(28,479,673) | $(159,932,710) |
Premium Class | ||||
Shares sold | 32,905,277 | 82,469,511 | $1,408,529,530 | $3,438,872,823 |
Reinvestment of distributions | 243,147 | 5,894,175 | 10,528,255 | 249,347,695 |
Shares redeemed | (29,883,554) | (58,740,308) | (1,278,027,623) | (2,455,289,015) |
Net increase (decrease) | 3,264,870 | 29,623,378 | $141,030,162 | $1,232,931,503 |
Institutional Class | ||||
Shares sold | 17,212,177 | 40,718,664 | $736,693,769 | $1,697,292,859 |
Reinvestment of distributions | 69,194 | 1,587,399 | 2,996,108 | 67,153,832 |
Shares redeemed | (9,455,846) | (28,030,811) | (404,254,288) | (1,191,741,771) |
Net increase (decrease) | 7,825,525 | 14,275,252 | $335,435,589 | $572,704,920 |
Institutional Premium Class | ||||
Shares sold | 40,779,080 | 81,804,104(b) | $1,735,731,588 | $3,495,868,171(b) |
Reinvestment of distributions | 169,572 | 3,827,749 | 7,342,489 | 161,918,344 |
Shares redeemed | (27,327,845)(a) | (56,573,887)(c) | (1,166,300,525)(a) | (2,425,298,877)(c) |
Net increase (decrease) | 13,620,807 | 29,057,966 | $576,773,552 | $1,232,487,638 |
(a) Amount includes in-kind redemptions (see the Redemptions In-Kind note for additional details).
(b) Amount includes in-kind exchanges (see the Prior Fiscal Year Exchanges In-Kind note for additional details).
(c) Amount includes in-kind redemptions (see the Prior Fiscal Year Redemptions In-Kind note for additional details).
12. Other.
The Funds' organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the Funds. In the normal course of business, the Funds may also enter into contracts that provide general indemnifications. The Funds' maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against the Funds. The risk of material loss from such claims is considered remote.
At the end of the period, mutual funds managed by the investment adviser or its affiliates were the owners of record, in the aggregate, of approximately 26% of the total outstanding shares of the Fidelity Total Market Index Fund.
Shareholder Expense Example
As a shareholder of a Fund, you incur two types of costs: (1) transaction costs and (2) ongoing costs, including management fees and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in the Funds and to compare these costs with the ongoing costs of investing in other mutual funds.
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (March 1, 2018 to August 31, 2018).
Actual Expenses
The first line of the accompanying table for each class of each Fund provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000.00 (for example, an $8,600 account value divided by $1,000.00 = 8.6), then multiply the result by the number in the first line for a class of the Fund under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee, which was eliminated effective August 1, 2018, is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, each Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in each Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Hypothetical Example for Comparison Purposes
The second line of the accompanying table for each class of each Fund provides information about hypothetical account values and hypothetical expenses based on a Class' actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not a Class' actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. A small balance maintenance fee of $12.00 that is charged once a year may apply for certain accounts with a value of less than $2,000. This fee, which was eliminated effective August 1, 2018, is not included in the table below. If it was, the estimate of expenses you paid during the period would be higher, and your ending account value lower, by this amount. In addition, each Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in each Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds.
Annualized Expense Ratio-A | Beginning Account Value March 1, 2018 | Ending Account Value August 31, 2018 | Expenses Paid During Period-B March 1, 2018 to August 31, 2018 | |
Fidelity Total Market Index | ||||
Investor Class | .08% | |||
Actual | $1,000.00 | $1,088.50 | $.42* | |
Hypothetical-C | $1,000.00 | $1,024.80 | $.41* | |
Premium Class | .03% | |||
Actual | $1,000.00 | $1,088.70 | $.16 | |
Hypothetical-C | $1,000.00 | $1,025.05 | $.15 | |
Institutional Class | .03% | |||
Actual | $1,000.00 | $1,088.70 | $.16 | |
Hypothetical-C | $1,000.00 | $1,025.05 | $.15 | |
Institutional Premium Class | .02% | |||
Actual | $1,000.00 | $1,088.90 | $.11 | |
Hypothetical-C | $1,000.00 | $1,025.10 | $.10 | |
Class F | .02% | |||
Actual | $1,000.00 | $1,088.70 | $.11 | |
Hypothetical-C | $1,000.00 | $1,025.10 | $.10 | |
Fidelity Extended Market Index | ||||
Investor Class | .09% | |||
Actual | $1,000.00 | $1,133.50 | $.48* | |
Hypothetical-C | $1,000.00 | $1,024.75 | $.46* | |
Premium Class | .07% | |||
Actual | $1,000.00 | $1,133.60 | $.38 | |
Hypothetical-C | $1,000.00 | $1,024.85 | $.36 | |
Institutional Premium Class | .05% | |||
Actual | $1,000.00 | $1,133.70 | $.27 | |
Hypothetical-C | $1,000.00 | $1,024.95 | $.26 | |
Fidelity International Index | ||||
Investor Class | .14% | |||
Actual | $1,000.00 | $979.30 | $.70* | |
Hypothetical-C | $1,000.00 | $1,024.50 | $.71* | |
Premium Class | .06% | |||
Actual | $1,000.00 | $980.10 | $.30 | |
Hypothetical-C | $1,000.00 | $1,024.90 | $.31 | |
Institutional Class | .05% | |||
Actual | $1,000.00 | $979.90 | $.25 | |
Hypothetical-C | $1,000.00 | $1,024.95 | $.26 | |
Institutional Premium Class | .05% | |||
Actual | $1,000.00 | $979.90 | $.25 | |
Hypothetical-C | $1,000.00 | $1,024.95 | $.26 |
A Annualized expense ratio reflects expenses net of applicable fee waivers.
B Expenses are equal to each Class' annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/ 365 (to reflect the one-half year period).
C 5% return per year before expenses
* If fees and changes to the class level expense contract and/or expense cap, effective August 1, 2018 had been in effect for the entire current period, the restated annualized expense ratio and the expenses paid in the actual and hypothetical examples above would have been as shown in the table below:
Annualized Expense Ratio(a) | Expenses Paid | |
Fidelity Total Market Index | ||
Investor Class | .02% | |
Actual | $.11 | |
Hypothetical(b) | $.10 | |
Fidelity Extended Market Index | ||
Investor Class | .05% | |
Actual | $.27 | |
Hypothetical(b) | $.26 | |
Fidelity International Index | ||
Investor Class | .05% | |
Actual | $.25 | |
Hypothetical(b) | $.26 |
(a) Annualized expense ratio reflects expenses net of applicable fee waivers.
(b) 5% return per year before expenses
Board Approval of Investment Advisory Contracts
Fidelity Extended Market Index Fund
Fidelity International Index Fund
Fidelity Total Market Index Fund
At its July 2018 meeting, the Board of Trustees, including the Independent Trustees (together, the Board), voted to continue the management contracts with Fidelity Management & Research Company (FMR) and the sub-advisory agreements with Geode Capital Management, LLC (Geode) (together, the Advisory Contracts) for the funds for six months through January 31, 2019, in connection with the reunification of the Fidelity Equity High Income Funds Board, which oversees the funds, and the Sector Portfolios Board.
The Board also approved an amendment to the sub-advisory agreements with Geode for Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund (the Amended Contracts) to decrease the sub-advisory fee rate paid by FMR to Geode, on behalf of each fund, by 2.00 basis points and 1.00 basis point, respectively. The Board, assisted by the advice of fund counsel and Independent Trustees' counsel, considered a range of information.
The Board considered that the approval of the funds' Advisory Contracts will not result in any changes in (i) the investment process or strategies employed in the management of the funds' assets; (ii) the fees and expenses paid by shareholders; (iii) the nature, extent or quality of services provided under the funds' Advisory Contracts; or (iv) the day-to-day management of each fund or the persons primarily responsible for such management.
In its review of the proposed sub-advisory fee rate under the Amended Contracts, the Board considered that the proposed fee rate is lower by 2.00 basis points and 1.00 basis point for Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund, respectively, than the current sub-advisory fee rate for each fund. The Board noted that FMR, and not the funds, pays the sub-advisory fee out of its management fee. The Board considered that the Amended Contracts will not result in any changes to the current management fee rate under the funds' management contracts with FMR. The Board also considered that FMR will retain its obligation to pay fund-level operating expenses for Fidelity Extended Market Index fund and Fidelity Total Index Fund, with certain limited exceptions, under the funds' management contracts.
The Board considered that the contractual arrangements for each fund that oblige FMR to pay all "class-level" expenses of each class of the fund to the extent necessary to limit total expenses, with certain exceptions, were being set at 0.015% for all classes for Fidelity Total Market Index Fund and 0.045% for all classes of Fidelity Extended Market Index Fund and Fidelity International Index Fund.
The Board concluded that the funds' Advisory Contracts are fair and reasonable, and that the funds' Advisory Contracts should be renewed, without modification (except as noted above for Fidelity Extended Market Index Fund's and Fidelity Total Market Index Fund's sub-advisory contracts with Geode), through January 31, 2019, with the understanding that the Board will consider the annual renewal for a full one year period in January 2019.
In connection with its consideration of future renewals of the funds' Advisory Contracts, the Board will consider: (i) the nature, extent and quality of services provided to the funds, including shareholder and administrative services and investment performance; (ii) the competitiveness of the management fee and total expenses for each fund; (iii) the costs of the services and profitability, including the revenues earned and the expenses incurred in conducting the business of developing, marketing, distributing, managing, administering, and servicing each fund and its shareholders, to the extent applicable, as well as potential fall-out benefits from Fidelity's non-fund businesses; and (iv) whether there have been economies of scale in respect of the Fidelity funds, whether the Fidelity funds (including the funds) have appropriately benefited from any such economies of scale, and whether there is the potential for realization of any further economies. Because the Board was approving an arrangement under which the fees were being reduced, the Board did not consider FMR's or Geode's costs of services, revenues, or profitability to be significant factors in its decision to approve the Amended Contracts. In connection with its approval of the Amended Contracts, the Board did not consider economies of scale to be a significant factor in its decision to approve the agreement because FMR will continue to contractually limit fund expenses.
Based on its evaluation of all of the conclusions noted above, and after considering all factors it believed relevant, the Board ultimately concluded that the funds' management fee structures are fair and reasonable, and that the Amended Contacts for Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund and the continuation of the funds' Advisory Contracts should be approved.
SIF-I-SANN-1018
1.929382.106
Fidelity Flex℠ Funds Fidelity Flex℠ 500 Index Fund Semi-Annual Report August 31, 2018 |
Contents
To view a fund's proxy voting guidelines and proxy voting record for the 12-month period ended June 30, visit http://www.fidelity.com/proxyvotingresults or visit the Securities and Exchange Commission's (SEC) web site at http://www.sec.gov.
You may also call 1-800-835-5092 to request a free copy of the proxy voting guidelines.
Standard & Poor's, S&P and S&P 500 are registered service marks of The McGraw-Hill Companies, Inc. and have been licensed for use by Fidelity Distributors Corporation.
Other third-party marks appearing herein are the property of their respective owners.
All other marks appearing herein are registered or unregistered trademarks or service marks of FMR LLC or an affiliated company. © 2018 FMR LLC. All rights reserved.
This report and the financial statements contained herein are submitted for the general information of the shareholders of the Fund. This report is not authorized for distribution to prospective investors in the Fund unless preceded or accompanied by an effective prospectus.
A fund files its complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. Forms N-Q are available on the SEC’s web site at http://www.sec.gov. A fund's Forms N-Q may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information regarding the operation of the SEC's Public Reference Room may be obtained by calling 1-800-SEC-0330.
For a complete list of a fund's portfolio holdings, view the most recent holdings listing, semiannual report, or annual report on Fidelity's web site at http://www.fidelity.com, http://www.institutional.fidelity.com, or http://www.401k.com, as applicable.
NOT FDIC INSURED •MAY LOSE VALUE •NO BANK GUARANTEE
Neither the Fund nor Fidelity Distributors Corporation is a bank.
Investment Summary (Unaudited)
Top Ten Stocks as of August 31, 2018
% of fund's net assets | |
Apple, Inc. | 4.5 |
Microsoft Corp. | 3.5 |
Amazon.com, Inc. | 3.3 |
Facebook, Inc. Class A | 1.7 |
Berkshire Hathaway, Inc. Class B | 1.6 |
JPMorgan Chase & Co. | 1.6 |
Alphabet, Inc. Class C | 1.5 |
Alphabet, Inc. Class A | 1.5 |
Johnson & Johnson | 1.5 |
Exxon Mobil Corp. | 1.4 |
22.1 |
Top Market Sectors as of August 31, 2018
% of fund's net assets | |
Information Technology | 26.4 |
Health Care | 14.5 |
Financials | 13.7 |
Consumer Discretionary | 12.9 |
Industrials | 9.6 |
Consumer Staples | 6.7 |
Energy | 5.8 |
Utilities | 2.8 |
Real Estate | 2.7 |
Materials | 2.5 |
Asset Allocation (% of fund's net assets)
As of August 31, 2018 * | ||
Stocks and Equity Futures | 100.0% |
* Foreign investments - 3.4%
Schedule of Investments August 31, 2018 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 99.5% | |||
Shares | Value | ||
CONSUMER DISCRETIONARY - 12.9% | |||
Auto Components - 0.2% | |||
Aptiv PLC | 5,242 | $461,348 | |
BorgWarner, Inc. | 3,910 | 171,141 | |
The Goodyear Tire & Rubber Co. | 4,748 | 107,732 | |
740,221 | |||
Automobiles - 0.4% | |||
Ford Motor Co. | 77,492 | 734,624 | |
General Motors Co. | 25,114 | 905,360 | |
Harley-Davidson, Inc. | 3,295 | 140,433 | |
1,780,417 | |||
Distributors - 0.1% | |||
Genuine Parts Co. | 2,905 | 290,064 | |
LKQ Corp. (a) | 6,132 | 211,677 | |
501,741 | |||
Diversified Consumer Services - 0.0% | |||
H&R Block, Inc. | 4,142 | 112,083 | |
Hotels, Restaurants & Leisure - 1.6% | |||
Carnival Corp. | 8,037 | 494,195 | |
Chipotle Mexican Grill, Inc. (a) | 484 | 229,987 | |
Darden Restaurants, Inc. | 2,451 | 284,414 | |
Hilton Worldwide Holdings, Inc. | 5,531 | 429,316 | |
Marriott International, Inc. Class A | 5,919 | 748,576 | |
McDonald's Corp. | 15,582 | 2,527,868 | |
MGM Mirage, Inc. | 9,921 | 287,610 | |
Norwegian Cruise Line Holdings Ltd. (a) | 4,093 | 219,426 | |
Royal Caribbean Cruises Ltd. | 3,354 | 411,133 | |
Starbucks Corp. | 27,413 | 1,465,225 | |
Wynn Resorts Ltd. | 1,677 | 248,766 | |
Yum! Brands, Inc. | 6,399 | 556,009 | |
7,902,525 | |||
Household Durables - 0.3% | |||
D.R. Horton, Inc. | 6,800 | 302,668 | |
Garmin Ltd. | 2,202 | 150,044 | |
Leggett & Platt, Inc. | 2,599 | 118,099 | |
Lennar Corp. Class A | 5,417 | 279,896 | |
Mohawk Industries, Inc. (a) | 1,255 | 240,445 | |
Newell Brands, Inc. | 9,616 | 208,860 | |
PulteGroup, Inc. | 5,201 | 145,368 | |
Whirlpool Corp. | 1,277 | 159,599 | |
1,604,979 | |||
Internet & Direct Marketing Retail - 4.4% | |||
Amazon.com, Inc. (a) | 7,988 | 16,077,527 | |
Expedia, Inc. | 2,393 | 312,287 | |
Netflix, Inc. (a) | 8,627 | 3,171,975 | |
The Booking Holdings, Inc. (a) | 957 | 1,867,633 | |
TripAdvisor, Inc. (a) | 2,122 | 115,246 | |
21,544,668 | |||
Leisure Products - 0.1% | |||
Hasbro, Inc. | 2,251 | 223,547 | |
Mattel, Inc. (b) | 6,811 | 105,094 | |
328,641 | |||
Media - 2.2% | |||
CBS Corp. Class B | 6,761 | 358,468 | |
Charter Communications, Inc. Class A (a)(b) | 3,667 | 1,138,237 | |
Comcast Corp. Class A | 91,157 | 3,371,897 | |
Discovery Communications, Inc.: | |||
Class A (a)(b) | 3,077 | 85,633 | |
Class C (non-vtg.) (a) | 6,777 | 173,762 | |
DISH Network Corp. Class A (a) | 4,533 | 160,242 | |
Interpublic Group of Companies, Inc. | 7,633 | 178,231 | |
News Corp.: | |||
Class A | 7,598 | 99,306 | |
Class B | 2,401 | 32,654 | |
Omnicom Group, Inc. | 4,500 | 311,940 | |
The Walt Disney Co. | 29,528 | 3,307,727 | |
Twenty-First Century Fox, Inc.: | |||
Class A | 20,867 | 947,362 | |
Class B | 8,696 | 390,450 | |
Viacom, Inc. Class B (non-vtg.) | 6,988 | 204,609 | |
10,760,518 | |||
Multiline Retail - 0.5% | |||
Dollar General Corp. | 5,032 | 542,097 | |
Dollar Tree, Inc. (a) | 4,708 | 379,041 | |
Kohl's Corp. | 3,331 | 263,515 | |
Macy's, Inc. | 6,066 | 221,712 | |
Nordstrom, Inc. | 2,326 | 146,189 | |
Target Corp. | 10,555 | 923,563 | |
2,476,117 | |||
Specialty Retail - 2.3% | |||
Advance Auto Parts, Inc. | 1,466 | 240,468 | |
AutoZone, Inc. (a) | 528 | 404,913 | |
Best Buy Co., Inc. | 4,856 | 386,343 | |
CarMax, Inc. (a) | 3,525 | 275,126 | |
Foot Locker, Inc. | 2,338 | 115,263 | |
Gap, Inc. | 4,296 | 130,384 | |
Home Depot, Inc. | 22,891 | 4,595,826 | |
L Brands, Inc. | 4,802 | 126,917 | |
Lowe's Companies, Inc. | 16,326 | 1,775,453 | |
O'Reilly Automotive, Inc. (a) | 1,622 | 544,051 | |
Ross Stores, Inc. | 7,565 | 724,576 | |
Tiffany & Co., Inc. | 2,017 | 247,385 | |
TJX Companies, Inc. | 12,468 | 1,371,106 | |
Tractor Supply Co. | 2,416 | 213,284 | |
Ulta Beauty, Inc. (a) | 1,132 | 294,320 | |
11,445,415 | |||
Textiles, Apparel & Luxury Goods - 0.8% | |||
Hanesbrands, Inc. | 7,135 | 125,148 | |
Michael Kors Holdings Ltd. (a) | 2,968 | 215,536 | |
NIKE, Inc. Class B | 25,478 | 2,094,292 | |
PVH Corp. | 1,526 | 218,462 | |
Ralph Lauren Corp. | 1,102 | 146,357 | |
Tapestry, Inc. | 5,698 | 288,832 | |
Under Armour, Inc.: | |||
Class A (sub. vtg.) (a) | 3,695 | 75,563 | |
Class C (non-vtg.) (a)(b) | 3,714 | 70,455 | |
VF Corp. | 6,482 | 597,187 | |
3,831,832 | |||
TOTAL CONSUMER DISCRETIONARY | 63,029,157 | ||
CONSUMER STAPLES - 6.7% | |||
Beverages - 1.7% | |||
Brown-Forman Corp. Class B (non-vtg.) | 5,186 | 270,813 | |
Constellation Brands, Inc. Class A (sub. vtg.) | 3,326 | 692,473 | |
Molson Coors Brewing Co. Class B | 3,664 | 244,535 | |
Monster Beverage Corp. (a) | 8,132 | 495,157 | |
PepsiCo, Inc. | 28,144 | 3,152,409 | |
The Coca-Cola Co. | 75,966 | 3,385,805 | |
8,241,192 | |||
Food & Staples Retailing - 1.5% | |||
Costco Wholesale Corp. | 8,710 | 2,030,562 | |
Kroger Co. | 16,093 | 506,930 | |
Sysco Corp. | 9,489 | 709,967 | |
Walgreens Boots Alliance, Inc. | 16,957 | 1,162,572 | |
Walmart, Inc. | 28,697 | 2,750,894 | |
7,160,925 | |||
Food Products - 1.1% | |||
Archer Daniels Midland Co. | 11,071 | 557,978 | |
Campbell Soup Co. | 3,809 | 150,265 | |
ConAgra Foods, Inc. | 7,791 | 286,319 | |
General Mills, Inc. | 11,738 | 540,065 | |
Hormel Foods Corp. (b) | 5,347 | 209,335 | |
Kellogg Co. | 4,944 | 354,930 | |
McCormick & Co., Inc. (non-vtg.) | 2,401 | 299,837 | |
Mondelez International, Inc. | 29,341 | 1,253,448 | |
The Hershey Co. | 2,766 | 278,038 | |
The J.M. Smucker Co. | 2,249 | 232,502 | |
The Kraft Heinz Co. | 11,905 | 693,704 | |
Tyson Foods, Inc. Class A | 5,892 | 370,077 | |
5,226,498 | |||
Household Products - 1.4% | |||
Church & Dwight Co., Inc. | 4,845 | 274,130 | |
Clorox Co. | 2,564 | 371,729 | |
Colgate-Palmolive Co. | 17,349 | 1,152,147 | |
Kimberly-Clark Corp. | 6,957 | 803,812 | |
Procter & Gamble Co. | 49,850 | 4,135,058 | |
6,736,876 | |||
Personal Products - 0.1% | |||
Coty, Inc. Class A | 9,361 | 115,702 | |
Estee Lauder Companies, Inc. Class A | 4,435 | 621,432 | |
737,134 | |||
Tobacco - 0.9% | |||
Altria Group, Inc. | 37,533 | 2,196,431 | |
Philip Morris International, Inc. | 30,830 | 2,401,349 | |
4,597,780 | |||
TOTAL CONSUMER STAPLES | 32,700,405 | ||
ENERGY - 5.8% | |||
Energy Equipment & Services - 0.7% | |||
Baker Hughes, a GE Co. Class A | 8,244 | 271,805 | |
Halliburton Co. | 17,445 | 695,881 | |
Helmerich & Payne, Inc. | 2,156 | 141,369 | |
National Oilwell Varco, Inc. | 7,563 | 355,990 | |
Schlumberger Ltd. | 27,487 | 1,736,079 | |
TechnipFMC PLC | 8,593 | 263,204 | |
3,464,328 | |||
Oil, Gas & Consumable Fuels - 5.1% | |||
Anadarko Petroleum Corp. | 10,198 | 656,751 | |
Andeavor | 2,753 | 420,631 | |
Apache Corp. | 7,566 | 331,618 | |
Cabot Oil & Gas Corp. | 8,939 | 213,016 | |
Chevron Corp. | 37,910 | 4,490,819 | |
Cimarex Energy Co. | 1,889 | 159,583 | |
Concho Resources, Inc. (a) | 3,763 | 516,095 | |
ConocoPhillips Co. | 23,260 | 1,707,982 | |
Devon Energy Corp. | 10,362 | 444,841 | |
EOG Resources, Inc. | 11,513 | 1,361,182 | |
EQT Corp. | 4,993 | 254,743 | |
Exxon Mobil Corp. | 83,975 | 6,732,276 | |
Hess Corp. | 5,184 | 349,091 | |
HollyFrontier Corp. | 3,495 | 260,447 | |
Kinder Morgan, Inc. | 37,561 | 664,830 | |
Marathon Oil Corp. | 16,892 | 363,347 | |
Marathon Petroleum Corp. | 9,144 | 752,460 | |
Newfield Exploration Co. (a) | 3,954 | 107,865 | |
Noble Energy, Inc. | 9,591 | 285,045 | |
Occidental Petroleum Corp. | 15,221 | 1,215,701 | |
ONEOK, Inc. | 8,139 | 536,441 | |
Phillips 66 Co. | 8,342 | 988,610 | |
Pioneer Natural Resources Co. | 3,374 | 589,438 | |
The Williams Companies, Inc. | 23,472 | 694,536 | |
Valero Energy Corp. | 8,565 | 1,009,642 | |
25,106,990 | |||
TOTAL ENERGY | 28,571,318 | ||
FINANCIALS - 13.7% | |||
Banks - 6.2% | |||
Bank of America Corp. | 187,044 | 5,785,271 | |
BB&T Corp. | 15,438 | 797,527 | |
Citigroup, Inc. | 50,596 | 3,604,459 | |
Citizens Financial Group, Inc. | 9,597 | 395,013 | |
Comerica, Inc. | 3,404 | 331,822 | |
Fifth Third Bancorp | 13,572 | 399,424 | |
Huntington Bancshares, Inc. | 22,663 | 367,367 | |
JPMorgan Chase & Co. | 67,516 | 7,735,983 | |
KeyCorp | 21,019 | 442,870 | |
M&T Bank Corp. | 2,875 | 509,306 | |
Peoples United Financial, Inc. | 6,887 | 127,478 | |
PNC Financial Services Group, Inc. | 9,339 | 1,340,520 | |
Regions Financial Corp. | 22,236 | 432,713 | |
SunTrust Banks, Inc. | 9,203 | 676,973 | |
SVB Financial Group (a) | 1,049 | 338,565 | |
U.S. Bancorp | 31,000 | 1,677,410 | |
Wells Fargo & Co. | 86,983 | 5,086,766 | |
Zions Bancorporation | 3,903 | 207,991 | |
30,257,458 | |||
Capital Markets - 2.9% | |||
Affiliated Managers Group, Inc. | 1,075 | 157,047 | |
Ameriprise Financial, Inc. | 2,863 | 406,431 | |
Bank of New York Mellon Corp. | 20,009 | 1,043,469 | |
BlackRock, Inc. Class A | 2,442 | 1,169,865 | |
Brighthouse Financial, Inc. (a) | 2,371 | 98,420 | |
Cboe Global Markets, Inc. | 2,227 | 224,482 | |
Charles Schwab Corp. | 23,773 | 1,207,431 | |
CME Group, Inc. | 6,741 | 1,177,855 | |
E*TRADE Financial Corp. (a) | 5,225 | 307,544 | |
Franklin Resources, Inc. | 6,310 | 200,279 | |
Goldman Sachs Group, Inc. | 6,992 | 1,662,768 | |
IntercontinentalExchange, Inc. | 11,468 | 874,206 | |
Invesco Ltd. | 8,132 | 195,981 | |
Moody's Corp. | 3,305 | 588,356 | |
Morgan Stanley | 27,158 | 1,326,125 | |
MSCI, Inc. | 1,763 | 317,798 | |
Northern Trust Corp. | 4,187 | 449,935 | |
Raymond James Financial, Inc. | 2,570 | 239,113 | |
S&P Global, Inc. | 4,975 | 1,030,074 | |
State Street Corp. | 7,234 | 628,707 | |
T. Rowe Price Group, Inc. | 4,794 | 555,577 | |
The NASDAQ OMX Group, Inc. | 2,314 | 220,848 | |
14,082,311 | |||
Consumer Finance - 0.7% | |||
American Express Co. | 14,138 | 1,498,345 | |
Capital One Financial Corp. | 9,695 | 960,678 | |
Discover Financial Services | 7,017 | 548,168 | |
Synchrony Financial | 14,046 | 444,837 | |
3,452,028 | |||
Diversified Financial Services - 1.6% | |||
Berkshire Hathaway, Inc. Class B (a) | 38,162 | 7,965,173 | |
Jefferies Financial Group, Inc. | 6,003 | 139,390 | |
8,104,563 | |||
Insurance - 2.3% | |||
AFLAC, Inc. | 15,327 | 708,720 | |
Allstate Corp. | 6,959 | 699,867 | |
American International Group, Inc. | 17,772 | 944,937 | |
Aon PLC | 4,841 | 704,656 | |
Arthur J. Gallagher & Co. | 3,609 | 260,353 | |
Assurant, Inc. | 1,049 | 107,858 | |
Chubb Ltd. | 9,222 | 1,247,183 | |
Cincinnati Financial Corp. | 2,957 | 226,713 | |
Everest Re Group Ltd. | 811 | 180,869 | |
Hartford Financial Services Group, Inc. | 7,090 | 357,123 | |
Lincoln National Corp. | 4,330 | 283,961 | |
Loews Corp. | 5,184 | 260,807 | |
Marsh & McLennan Companies, Inc. | 10,045 | 850,108 | |
MetLife, Inc. | 20,125 | 923,536 | |
Principal Financial Group, Inc. | 5,273 | 291,017 | |
Progressive Corp. | 11,530 | 778,621 | |
Prudential Financial, Inc. | 8,407 | 825,988 | |
The Travelers Companies, Inc. | 5,351 | 704,192 | |
Torchmark Corp. | 2,091 | 183,841 | |
Unum Group | 4,379 | 161,498 | |
Willis Group Holdings PLC | 2,610 | 384,375 | |
XL Group Ltd. | 5,114 | 293,492 | |
11,379,715 | |||
TOTAL FINANCIALS | 67,276,075 | ||
HEALTH CARE - 14.5% | |||
Biotechnology - 2.6% | |||
AbbVie, Inc. | 30,072 | 2,886,311 | |
Alexion Pharmaceuticals, Inc. (a) | 4,405 | 538,467 | |
Amgen, Inc. | 13,227 | 2,642,887 | |
Biogen, Inc. (a) | 4,178 | 1,476,881 | |
Celgene Corp. (a) | 13,994 | 1,321,733 | |
Gilead Sciences, Inc. | 25,823 | 1,955,576 | |
Incyte Corp. (a) | 3,483 | 257,429 | |
Regeneron Pharmaceuticals, Inc. (a) | 1,531 | 622,734 | |
Vertex Pharmaceuticals, Inc. (a) | 5,045 | 930,298 | |
12,632,316 | |||
Health Care Equipment & Supplies - 3.1% | |||
Abbott Laboratories | 34,812 | 2,326,834 | |
Abiomed, Inc. (a) | 837 | 340,307 | |
Align Technology, Inc. (a) | 1,428 | 551,908 | |
Baxter International, Inc. | 9,838 | 731,652 | |
Becton, Dickinson & Co. | 5,314 | 1,391,577 | |
Boston Scientific Corp. (a) | 27,318 | 971,428 | |
Danaher Corp. | 12,171 | 1,260,185 | |
Dentsply Sirona, Inc. | 4,503 | 179,760 | |
Edwards Lifesciences Corp. (a) | 4,173 | 601,914 | |
Hologic, Inc. (a) | 5,405 | 214,903 | |
IDEXX Laboratories, Inc. (a) | 1,720 | 436,949 | |
Intuitive Surgical, Inc. (a) | 2,253 | 1,261,680 | |
Medtronic PLC | 26,879 | 2,591,404 | |
ResMed, Inc. | 2,826 | 314,845 | |
Stryker Corp. | 6,363 | 1,078,083 | |
The Cooper Companies, Inc. | 971 | 248,362 | |
Varian Medical Systems, Inc. (a) | 1,812 | 202,980 | |
Zimmer Biomet Holdings, Inc. | 4,024 | 497,487 | |
15,202,258 | |||
Health Care Providers & Services - 3.2% | |||
Aetna, Inc. | 6,510 | 1,303,758 | |
AmerisourceBergen Corp. | 3,220 | 289,703 | |
Anthem, Inc. | 5,074 | 1,343,240 | |
Cardinal Health, Inc. | 6,151 | 321,021 | |
Centene Corp. (a) | 4,062 | 595,002 | |
Cigna Corp. | 4,816 | 907,045 | |
CVS Health Corp. | 20,200 | 1,519,848 | |
DaVita HealthCare Partners, Inc. (a) | 2,764 | 191,518 | |
Envision Healthcare Corp. (a) | 2,398 | 108,773 | |
Express Scripts Holding Co. (a) | 11,121 | 978,870 | |
HCA Holdings, Inc. | 5,532 | 741,897 | |
Henry Schein, Inc. (a) | 3,049 | 236,846 | |
Humana, Inc. | 2,726 | 908,467 | |
Laboratory Corp. of America Holdings (a) | 2,025 | 350,062 | |
McKesson Corp. | 4,000 | 515,000 | |
Quest Diagnostics, Inc. | 2,689 | 295,736 | |
UnitedHealth Group, Inc. | 19,068 | 5,118,995 | |
Universal Health Services, Inc. Class B | 1,725 | 224,526 | |
15,950,307 | |||
Health Care Technology - 0.1% | |||
Cerner Corp. (a) | 6,241 | 406,352 | |
Life Sciences Tools & Services - 0.9% | |||
Agilent Technologies, Inc. | 6,334 | 427,798 | |
Illumina, Inc. (a) | 2,910 | 1,032,555 | |
Mettler-Toledo International, Inc. (a) | 503 | 293,983 | |
PerkinElmer, Inc. | 2,190 | 202,422 | |
Quintiles Transnational Holdings, Inc. (a) | 3,204 | 407,196 | |
Thermo Fisher Scientific, Inc. | 7,965 | 1,904,432 | |
Waters Corp. (a) | 1,551 | 293,883 | |
4,562,269 | |||
Pharmaceuticals - 4.6% | |||
Allergan PLC | 6,713 | 1,286,949 | |
Bristol-Myers Squibb Co. | 32,456 | 1,965,211 | |
Eli Lilly & Co. | 18,973 | 2,004,497 | |
Johnson & Johnson | 53,208 | 7,166,586 | |
Merck & Co., Inc. | 53,391 | 3,662,089 | |
Mylan NV (a) | 10,205 | 399,322 | |
Nektar Therapeutics (a)(b) | 3,190 | 212,103 | |
Perrigo Co. PLC | 2,549 | 195,024 | |
Pfizer, Inc. | 116,063 | 4,818,936 | |
Zoetis, Inc. Class A | 9,580 | 867,948 | |
22,578,665 | |||
TOTAL HEALTH CARE | 71,332,167 | ||
INDUSTRIALS - 9.6% | |||
Aerospace & Defense - 2.6% | |||
Arconic, Inc. | 8,412 | 188,261 | |
General Dynamics Corp. | 5,469 | 1,057,705 | |
Harris Corp. | 2,351 | 382,061 | |
Huntington Ingalls Industries, Inc. | 881 | 215,378 | |
L3 Technologies, Inc. | 1,554 | 332,121 | |
Lockheed Martin Corp. | 4,918 | 1,575,776 | |
Northrop Grumman Corp. | 3,452 | 1,030,387 | |
Raytheon Co. | 5,731 | 1,142,991 | |
Rockwell Collins, Inc. | 3,251 | 441,973 | |
Textron, Inc. | 5,069 | 349,913 | |
The Boeing Co. | 10,868 | 3,725,442 | |
TransDigm Group, Inc. | 965 | 337,750 | |
United Technologies Corp. | 14,731 | 1,940,073 | |
12,719,831 | |||
Air Freight & Logistics - 0.7% | |||
C.H. Robinson Worldwide, Inc. | 2,757 | 264,893 | |
Expeditors International of Washington, Inc. | 3,458 | 253,402 | |
FedEx Corp. | 4,901 | 1,195,599 | |
United Parcel Service, Inc. Class B | 13,688 | 1,681,981 | |
3,395,875 | |||
Airlines - 0.5% | |||
Alaska Air Group, Inc. | 2,440 | 164,676 | |
American Airlines Group, Inc. | 8,249 | 333,920 | |
Delta Air Lines, Inc. | 12,777 | 747,199 | |
Southwest Airlines Co. | 10,561 | 647,389 | |
United Continental Holdings, Inc. (a) | 4,666 | 407,902 | |
2,301,086 | |||
Building Products - 0.3% | |||
A.O. Smith Corp. | 2,872 | 166,806 | |
Allegion PLC | 1,880 | 163,974 | |
Fortune Brands Home & Security, Inc. | 2,889 | 153,059 | |
Johnson Controls International PLC | 18,467 | 697,499 | |
Masco Corp. | 6,147 | 233,402 | |
1,414,740 | |||
Commercial Services & Supplies - 0.3% | |||
Cintas Corp. | 1,711 | 365,076 | |
Copart, Inc. (a) | 4,001 | 257,304 | |
Republic Services, Inc. | 4,415 | 323,884 | |
Stericycle, Inc. (a) | 1,694 | 104,503 | |
Waste Management, Inc. | 7,875 | 715,838 | |
1,766,605 | |||
Construction & Engineering - 0.1% | |||
Fluor Corp. | 2,783 | 159,772 | |
Jacobs Engineering Group, Inc. | 2,386 | 173,438 | |
Quanta Services, Inc. (a) | 2,962 | 102,456 | |
435,666 | |||
Electrical Equipment - 0.6% | |||
AMETEK, Inc. | 4,585 | 352,862 | |
Eaton Corp. PLC | 8,658 | 719,826 | |
Emerson Electric Co. | 12,475 | 957,207 | |
Fortive Corp. | 6,073 | 510,011 | |
Rockwell Automation, Inc. | 2,486 | 449,867 | |
2,989,773 | |||
Industrial Conglomerates - 1.6% | |||
3M Co. | 11,790 | 2,486,747 | |
General Electric Co. | 172,361 | 2,230,351 | |
Honeywell International, Inc. | 14,833 | 2,359,337 | |
Roper Technologies, Inc. | 2,068 | 617,029 | |
7,693,464 | |||
Machinery - 1.4% | |||
Caterpillar, Inc. | 11,885 | 1,650,232 | |
Cummins, Inc. | 3,066 | 434,759 | |
Deere & Co. | 6,455 | 928,229 | |
Dover Corp. | 3,062 | 262,934 | |
Flowserve Corp. | 2,590 | 134,991 | |
Illinois Tool Works, Inc. | 6,077 | 843,974 | |
Ingersoll-Rand PLC | 4,909 | 497,233 | |
PACCAR, Inc. | 6,965 | 476,545 | |
Parker Hannifin Corp. | 2,632 | 462,179 | |
Pentair PLC | 3,214 | 139,745 | |
Snap-On, Inc. | 1,120 | 197,994 | |
Stanley Black & Decker, Inc. | 3,055 | 429,319 | |
Xylem, Inc. | 3,562 | 270,391 | |
6,728,525 | |||
Professional Services - 0.3% | |||
Equifax, Inc. | 2,381 | 318,983 | |
IHS Markit Ltd. (a) | 7,050 | 387,750 | |
Nielsen Holdings PLC | 6,629 | 172,354 | |
Robert Half International, Inc. | 2,446 | 191,228 | |
Verisk Analytics, Inc. (a) | 3,076 | 366,321 | |
1,436,636 | |||
Road & Rail - 1.0% | |||
CSX Corp. | 17,330 | 1,285,193 | |
J.B. Hunt Transport Services, Inc. | 1,695 | 204,671 | |
Kansas City Southern | 2,031 | 235,515 | |
Norfolk Southern Corp. | 5,594 | 972,461 | |
Union Pacific Corp. | 15,405 | 2,320,301 | |
5,018,141 | |||
Trading Companies & Distributors - 0.2% | |||
Fastenal Co. | 5,695 | 332,360 | |
United Rentals, Inc. (a) | 1,655 | 257,965 | |
W.W. Grainger, Inc. | 1,009 | 357,257 | |
947,582 | |||
TOTAL INDUSTRIALS | 46,847,924 | ||
INFORMATION TECHNOLOGY - 26.4% | |||
Communications Equipment - 1.1% | |||
Arista Networks, Inc. (a) | 943 | 281,938 | |
Cisco Systems, Inc. | 93,349 | 4,459,282 | |
F5 Networks, Inc. (a) | 1,210 | 228,835 | |
Juniper Networks, Inc. | 6,913 | 196,537 | |
Motorola Solutions, Inc. | 3,210 | 412,036 | |
5,578,628 | |||
Electronic Equipment & Components - 0.4% | |||
Amphenol Corp. Class A | 5,968 | 564,453 | |
Corning, Inc. | 16,439 | 550,871 | |
FLIR Systems, Inc. | 2,717 | 170,465 | |
IPG Photonics Corp. (a) | 744 | 130,557 | |
TE Connectivity Ltd. | 6,932 | 635,526 | |
2,051,872 | |||
Internet Software & Services - 5.0% | |||
Akamai Technologies, Inc. (a) | 3,378 | 253,823 | |
Alphabet, Inc.: | |||
Class A (a) | 5,913 | 7,283,633 | |
Class C (a) | 6,032 | 7,348,122 | |
eBay, Inc. (a) | 18,301 | 633,398 | |
Facebook, Inc. Class A (a) | 47,580 | 8,361,233 | |
Twitter, Inc. (a) | 12,964 | 456,074 | |
VeriSign, Inc. (a) | 1,901 | 301,518 | |
24,637,801 | |||
IT Services - 4.6% | |||
Accenture PLC Class A | 12,763 | 2,157,840 | |
Alliance Data Systems Corp. | 954 | 227,605 | |
Automatic Data Processing, Inc. | 8,754 | 1,284,650 | |
Broadridge Financial Solutions, Inc. | 2,335 | 315,552 | |
Cognizant Technology Solutions Corp. Class A | 11,657 | 914,259 | |
DXC Technology Co. | 5,638 | 513,565 | |
Fidelity National Information Services, Inc. | 6,607 | 714,679 | |
Fiserv, Inc. (a) | 8,106 | 649,047 | |
FleetCor Technologies, Inc. (a) | 1,775 | 379,389 | |
Gartner, Inc. (a) | 1,806 | 270,467 | |
Global Payments, Inc. | 3,159 | 393,548 | |
IBM Corp. | 16,939 | 2,481,225 | |
MasterCard, Inc. Class A | 18,185 | 3,919,959 | |
Paychex, Inc. | 6,331 | 463,746 | |
PayPal Holdings, Inc. (a) | 22,160 | 2,046,033 | |
The Western Union Co. | 9,122 | 172,588 | |
Total System Services, Inc. | 3,284 | 319,008 | |
Visa, Inc. Class A | 35,418 | 5,202,550 | |
22,425,710 | |||
Semiconductors & Semiconductor Equipment - 3.9% | |||
Advanced Micro Devices, Inc. (a)(b) | 16,313 | 410,598 | |
Analog Devices, Inc. | 7,343 | 725,856 | |
Applied Materials, Inc. | 19,957 | 858,550 | |
Broadcom, Inc. | 7,971 | 1,745,888 | |
Intel Corp. | 92,458 | 4,477,741 | |
KLA-Tencor Corp. | 3,086 | 358,624 | |
Lam Research Corp. | 3,248 | 562,196 | |
Microchip Technology, Inc. (b) | 4,653 | 400,298 | |
Micron Technology, Inc. (a) | 22,961 | 1,205,912 | |
NVIDIA Corp. | 12,049 | 3,381,913 | |
Qorvo, Inc. (a) | 2,504 | 200,545 | |
Qualcomm, Inc. | 29,433 | 2,022,341 | |
Skyworks Solutions, Inc. | 3,605 | 329,137 | |
Texas Instruments, Inc. | 19,448 | 2,185,955 | |
Xilinx, Inc. | 5,017 | 390,473 | |
19,256,027 | |||
Software - 6.3% | |||
Activision Blizzard, Inc. | 15,137 | 1,091,378 | |
Adobe Systems, Inc. (a) | 9,779 | 2,576,864 | |
ANSYS, Inc. (a) | 1,663 | 309,285 | |
Autodesk, Inc. (a) | 4,368 | 674,201 | |
CA Technologies, Inc. | 6,186 | 270,947 | |
Cadence Design Systems, Inc. (a) | 5,581 | 262,530 | |
Citrix Systems, Inc. (a) | 2,549 | 290,637 | |
Electronic Arts, Inc. (a) | 6,075 | 688,966 | |
Intuit, Inc. | 4,849 | 1,064,210 | |
Microsoft Corp. | 152,372 | 17,115,947 | |
Oracle Corp. | 59,130 | 2,872,535 | |
Red Hat, Inc. (a) | 3,518 | 519,714 | |
Salesforce.com, Inc. (a) | 14,018 | 2,140,268 | |
Symantec Corp. | 12,305 | 248,069 | |
Synopsys, Inc. (a) | 2,950 | 301,313 | |
Take-Two Interactive Software, Inc. (a) | 2,265 | 302,513 | |
30,729,377 | |||
Technology Hardware, Storage & Peripherals - 5.1% | |||
Apple, Inc. | 97,492 | 22,192,092 | |
Hewlett Packard Enterprise Co. | 30,232 | 499,735 | |
HP, Inc. | 32,496 | 801,026 | |
NetApp, Inc. | 5,304 | 460,440 | |
Seagate Technology LLC | 5,683 | 304,268 | |
Western Digital Corp. | 5,924 | 374,634 | |
Xerox Corp. | 4,235 | 117,987 | |
24,750,182 | |||
TOTAL INFORMATION TECHNOLOGY | 129,429,597 | ||
MATERIALS - 2.5% | |||
Chemicals - 1.9% | |||
Air Products & Chemicals, Inc. | 4,340 | 721,699 | |
Albemarle Corp. U.S. | 2,193 | 209,475 | |
CF Industries Holdings, Inc. | 4,620 | 240,009 | |
DowDuPont, Inc. | 46,083 | 3,231,801 | |
Eastman Chemical Co. | 2,826 | 274,207 | |
Ecolab, Inc. | 5,141 | 773,618 | |
FMC Corp. | 2,663 | 227,553 | |
International Flavors & Fragrances, Inc. | 1,563 | 203,643 | |
LyondellBasell Industries NV Class A | 6,365 | 717,845 | |
PPG Industries, Inc. | 5,008 | 553,584 | |
Praxair, Inc. | 5,689 | 899,943 | |
Sherwin-Williams Co. | 1,630 | 742,595 | |
The Mosaic Co. | 6,944 | 217,139 | |
9,013,111 | |||
Construction Materials - 0.1% | |||
Martin Marietta Materials, Inc. | 1,246 | 247,605 | |
Vulcan Materials Co. | 2,617 | 289,964 | |
537,569 | |||
Containers & Packaging - 0.3% | |||
Avery Dennison Corp. | 1,743 | 183,329 | |
Ball Corp. | 6,914 | 289,558 | |
International Paper Co. | 8,198 | 419,246 | |
Packaging Corp. of America | 1,868 | 205,331 | |
Sealed Air Corp. | 3,191 | 127,991 | |
WestRock Co. | 5,077 | 279,641 | |
1,505,096 | |||
Metals & Mining - 0.2% | |||
Freeport-McMoRan, Inc. | 26,676 | 374,798 | |
Newmont Mining Corp. | 10,562 | 327,739 | |
Nucor Corp. | 6,298 | 393,625 | |
1,096,162 | |||
TOTAL MATERIALS | 12,151,938 | ||
REAL ESTATE - 2.7% | |||
Equity Real Estate Investment Trusts (REITs) - 2.6% | |||
Alexandria Real Estate Equities, Inc. | 2,039 | 261,706 | |
American Tower Corp. | 8,744 | 1,303,905 | |
Apartment Investment & Management Co. Class A | 3,115 | 136,437 | |
AvalonBay Communities, Inc. | 2,787 | 510,829 | |
Boston Properties, Inc. | 3,056 | 398,655 | |
Crown Castle International Corp. | 8,213 | 936,528 | |
Digital Realty Trust, Inc. | 4,078 | 506,814 | |
Duke Realty Corp. | 7,069 | 201,396 | |
Equinix, Inc. | 1,573 | 686,032 | |
Equity Residential (SBI) | 7,399 | 501,282 | |
Essex Property Trust, Inc. | 1,308 | 322,134 | |
Extra Space Storage, Inc. | 2,497 | 230,248 | |
Federal Realty Investment Trust (SBI) | 1,450 | 189,385 | |
HCP, Inc. | 9,301 | 251,406 | |
Host Hotels & Resorts, Inc. | 14,677 | 315,996 | |
Iron Mountain, Inc. | 5,572 | 201,149 | |
Kimco Realty Corp. | 8,412 | 143,929 | |
Mid-America Apartment Communities, Inc. | 2,253 | 233,321 | |
Prologis, Inc. | 12,459 | 836,996 | |
Public Storage | 2,967 | 630,725 | |
Realty Income Corp. | 5,793 | 339,296 | |
Regency Centers Corp. | 2,918 | 192,676 | |
SBA Communications Corp. Class A (a) | 2,280 | 353,924 | |
Simon Property Group, Inc. | 6,131 | 1,122,157 | |
SL Green Realty Corp. | 1,751 | 182,804 | |
The Macerich Co. | 2,149 | 126,232 | |
UDR, Inc. | 5,298 | 211,761 | |
Ventas, Inc. | 7,054 | 422,323 | |
Vornado Realty Trust | 3,426 | 263,802 | |
Welltower, Inc. (b) | 7,365 | 491,319 | |
Weyerhaeuser Co. | 14,987 | 520,199 | |
13,025,366 | |||
Real Estate Management & Development - 0.1% | |||
CBRE Group, Inc. (a) | 5,986 | 292,177 | |
TOTAL REAL ESTATE | 13,317,543 | ||
TELECOMMUNICATION SERVICES - 1.9% | |||
Diversified Telecommunication Services - 1.9% | |||
AT&T, Inc. | 144,067 | 4,601,500 | |
CenturyLink, Inc. | 19,437 | 415,174 | |
Verizon Communications, Inc. | 81,967 | 4,456,546 | |
9,473,220 | |||
UTILITIES - 2.8% | |||
Electric Utilities - 1.7% | |||
Alliant Energy Corp. | 4,583 | 196,336 | |
American Electric Power Co., Inc. | 9,751 | 699,439 | |
Duke Energy Corp. | 13,879 | 1,127,530 | |
Edison International | 6,450 | 423,959 | |
Entergy Corp. | 3,580 | 299,252 | |
Evergy, Inc. | 5,370 | 306,359 | |
Eversource Energy | 6,274 | 391,686 | |
Exelon Corp. | 19,113 | 835,429 | |
FirstEnergy Corp. | 8,875 | 331,748 | |
NextEra Energy, Inc. | 9,334 | 1,587,713 | |
PG&E Corp. | 10,224 | 472,144 | |
Pinnacle West Capital Corp. | 2,216 | 174,067 | |
PPL Corp. | 13,840 | 411,602 | |
Southern Co. | 20,028 | 876,826 | |
Xcel Energy, Inc. | 10,358 | 497,702 | |
8,631,792 | |||
Independent Power and Renewable Electricity Producers - 0.1% | |||
NRG Energy, Inc. | 5,922 | 209,580 | |
The AES Corp. | 13,094 | 176,245 | |
385,825 | |||
Multi-Utilities - 0.9% | |||
Ameren Corp. | 4,824 | 305,022 | |
CenterPoint Energy, Inc. | 8,542 | 237,382 | |
CMS Energy Corp. | 5,594 | 275,449 | |
Consolidated Edison, Inc. | 6,152 | 485,577 | |
Dominion Resources, Inc. | 12,919 | 914,278 | |
DTE Energy Co. | 3,681 | 409,106 | |
NiSource, Inc. | 6,679 | 180,801 | |
Public Service Enterprise Group, Inc. | 10,002 | 523,605 | |
SCANA Corp. | 2,824 | 108,272 | |
Sempra Energy (b) | 5,229 | 606,982 | |
WEC Energy Group, Inc. | 6,247 | 422,172 | |
4,468,646 | |||
Water Utilities - 0.1% | |||
American Water Works Co., Inc. | 3,525 | 308,543 | |
TOTAL UTILITIES | 13,794,806 | ||
TOTAL COMMON STOCKS | |||
(Cost $448,214,434) | 487,924,150 | ||
Principal Amount | Value | ||
U.S. Treasury Obligations - 0.1% | |||
U.S. Treasury Bills, yield at date of purchase 2% 11/8/18 (c) | |||
(Cost $189,290) | 190,000 | 189,300 | |
Shares | Value | ||
Money Market Funds - 1.4% | |||
Fidelity Cash Central Fund, 1.97% (d) | 3,202,894 | $3,203,535 | |
Fidelity Securities Lending Cash Central Fund 1.98% (d)(e) | 3,654,729 | 3,655,095 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $6,858,630) | 6,858,630 | ||
TOTAL INVESTMENT IN SECURITIES - 101.0% | |||
(Cost $455,262,354) | 494,972,080 | ||
NET OTHER ASSETS (LIABILITIES) - (1.0)% | (4,700,358) | ||
NET ASSETS - 100% | $490,271,722 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
CME E-mini S&P 500 Index Contracts (United States) | 16 | Sept. 2018 | $2,321,680 | $47,777 | $47,777 |
The notional amount of futures purchased as a percentage of Net Assets is 0.5%
Legend
(a) Non-income producing
(b) Security or a portion of the security is on loan at period end.
(c) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $171,366.
(d) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
(e) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $26,072 |
Fidelity Securities Lending Cash Central Fund | 921 |
Total | $26,993 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations if applicable.
Investment Valuation
The following is a summary of the inputs used, as of August 31, 2018, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
Investments in Securities: | ||||
Equities: | ||||
Consumer Discretionary | $63,029,157 | $63,029,157 | $-- | $-- |
Consumer Staples | 32,700,405 | 32,700,405 | -- | -- |
Energy | 28,571,318 | 28,571,318 | -- | -- |
Financials | 67,276,075 | 67,276,075 | -- | -- |
Health Care | 71,332,167 | 71,332,167 | -- | -- |
Industrials | 46,847,924 | 46,847,924 | -- | -- |
Information Technology | 129,429,597 | 129,429,597 | -- | -- |
Materials | 12,151,938 | 12,151,938 | -- | -- |
Real Estate | 13,317,543 | 13,317,543 | -- | -- |
Telecommunication Services | 9,473,220 | 9,473,220 | -- | -- |
Utilities | 13,794,806 | 13,794,806 | -- | -- |
U.S. Government and Government Agency Obligations | 189,300 | -- | 189,300 | -- |
Money Market Funds | 6,858,630 | 6,858,630 | -- | -- |
Total Investments in Securities: | $494,972,080 | $494,782,780 | $189,300 | $-- |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | $47,777 | $47,777 | $-- | $-- |
Total Assets | $47,777 | $47,777 | $-- | $-- |
Total Derivative Instruments: | $47,777 | $47,777 | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of August 31, 2018. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
Equity Risk | ||
Futures Contracts(a) | $47,777 | $0 |
Total Equity Risk | 47,777 | 0 |
Total Value of Derivatives | $47,777 | $0 |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in net unrealized appreciation (depreciation).
See accompanying notes which are an integral part of the financial statements.
Financial Statements
Statement of Assets and Liabilities
August 31, 2018 (Unaudited) | ||
Assets | ||
Investment in securities, at value (including securities loaned of $3,593,171) — See accompanying schedule: Unaffiliated issuers (cost $448,403,724) | $488,113,450 | |
Fidelity Central Funds (cost $6,858,630) | 6,858,630 | |
Total Investment in Securities (cost $455,262,354) | $494,972,080 | |
Cash | 91,950 | |
Receivable for fund shares sold | 1,179,611 | |
Dividends receivable | 895,416 | |
Distributions receivable from Fidelity Central Funds | 4,249 | |
Receivable for daily variation margin on futures contracts | 80 | |
Other receivables | 44 | |
Total assets | 497,143,430 | |
Liabilities | ||
Payable for investments purchased | $2,889,875 | |
Payable for fund shares redeemed | 326,663 | |
Collateral on securities loaned | 3,655,170 | |
Total liabilities | 6,871,708 | |
Net Assets | $490,271,722 | |
Net Assets consist of: | ||
Paid in capital | $448,800,838 | |
Undistributed net investment income | 1,731,491 | |
Accumulated undistributed net realized gain (loss) on investments | (18,110) | |
Net unrealized appreciation (depreciation) on investments | 39,757,503 | |
Net Assets, for 39,498,329 shares outstanding | $490,271,722 | |
Net Asset Value, offering price and redemption price per share ($490,271,722 ÷ 39,498,329 shares) | $12.41 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
Six months ended August 31, 2018 (Unaudited) | ||
Investment Income | ||
Dividends | $3,353,729 | |
Interest | 1,262 | |
Income from Fidelity Central Funds | 26,993 | |
Total income | 3,381,984 | |
Expenses | ||
Independent trustees' fees and expenses | $612 | |
Commitment fees | 229 | |
Total expenses | 841 | |
Net investment income (loss) | 3,381,143 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | (294,980) | |
Fidelity Central Funds | (61) | |
Futures contracts | 310,023 | |
Total net realized gain (loss) | 14,982 | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | 38,623,857 | |
Futures contracts | 42,820 | |
Total change in net unrealized appreciation (depreciation) | 38,666,677 | |
Net gain (loss) | 38,681,659 | |
Net increase (decrease) in net assets resulting from operations | $42,062,802 |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
Six months ended August 31, 2018 (Unaudited) | For the period March 9, 2017 (commencement of operations) to February 28, 2018 | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net investment income (loss) | $3,381,143 | $155,188 |
Net realized gain (loss) | 14,982 | 11,162 |
Change in net unrealized appreciation (depreciation) | 38,666,677 | 1,090,826 |
Net increase (decrease) in net assets resulting from operations | 42,062,802 | 1,257,176 |
Distributions to shareholders from net investment income | (1,715,316) | (89,524) |
Distributions to shareholders from net realized gain | (32,744) | (11,510) |
Total distributions | (1,748,060) | (101,034) |
Share transactions | ||
Proceeds from sales of shares | 480,048,778 | 28,120,249 |
Reinvestment of distributions | 292,112 | 101,034 |
Cost of shares redeemed | (56,765,545) | (2,995,790) |
Net increase (decrease) in net assets resulting from share transactions | 423,575,345 | 25,225,493 |
Total increase (decrease) in net assets | 463,890,087 | 26,381,635 |
Net Assets | ||
Beginning of period | 26,381,635 | – |
End of period | $490,271,722 | $26,381,635 |
Other Information | ||
Undistributed net investment income end of period | $1,731,491 | $65,664 |
Shares | ||
Sold | 41,990,682 | 2,535,924 |
Issued in reinvestment of distributions | 25,507 | 9,003 |
Redeemed | (4,795,496) | (267,291) |
Net increase (decrease) | 37,220,693 | 2,277,636 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity Flex 500 Index Fund
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |
2018 | 2018 A | |
Selected Per–Share Data | ||
Net asset value, beginning of period | $11.58 | $10.00 |
Income from Investment Operations | ||
Net investment income (loss)B | .12 | .22 |
Net realized and unrealized gain (loss) | .79 | 1.47 |
Total from investment operations | .91 | 1.69 |
Distributions from net investment income | (.07) | (.10) |
Distributions from net realized gain | (.01) | (.01) |
Total distributions | (.08) | (.11) |
Net asset value, end of period | $12.41 | $11.58 |
Total ReturnC,D | 7.96% | 16.91% |
Ratios to Average Net AssetsE,F | ||
Expenses before reductionsG,H | -% | -% |
Expenses net of fee waivers, if anyG,H | -% | -% |
Expenses net of all reductionsG,H | -% | -% |
Net investment income (loss)G | 1.98% | 2.04% |
Supplemental Data | ||
Net assets, end of period (000 omitted) | $490,272 | $26,382 |
Portfolio turnover rateG,I | 6%J | 10% |
A For the period March 9, 2017 (commencement of operations) to February 28, 2018.
B Calculated based on average shares outstanding during the period.
C Total returns for periods of less than one year are not annualized.
D Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
E Fees and expenses of any underlying Fidelity Central Funds are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of the expenses of any underlying Fidelity Central Funds.
F Expense ratios reflect operating expenses of the Fund. Expenses before reductions do not reflect amounts reimbursed by the investment adviser or reductions from expense offset arrangements and do not represent the amount paid by the Fund during periods when reimbursements or reductions occur. Expense ratios before reductions for start-up periods may not be representative of longer term operating periods. Expenses net of fee waivers reflect expenses after reimbursement by the investment adviser but prior to reductions from expense offset arrangements. Expenses net of all reductions represent the net expenses paid by the Fund.
G Annualized
H Amount represents less than .005%.
I Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
J Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Notes to Financial Statements (Unaudited)
For the period ended August 31, 2018
1. Organization.
Fidelity Flex 500 Index Fund (the Fund) is a fund of Fidelity Concord Street Trust (the Trust) and is authorized to issue an unlimited number of shares. Share transactions on the Statement of Changes in Net Assets may contain exchanges between affiliated funds. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Massachusetts business trust. The Fund is available only to certain fee-based accounts offered by Fidelity.
2. Investments in Fidelity Central Funds.
The Fund invests in Fidelity Central Funds, which are open-end investment companies generally available only to other investment companies and accounts managed by the investment adviser and its affiliates. The Fund's Schedule of Investments lists each of the Fidelity Central Funds held as of period end, if any, as an investment of the Fund, but does not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, the Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.
The Money Market Central Funds seek preservation of capital and current income and are managed by Fidelity Investments Money Management, Inc. (FIMM), an affiliate of the investment adviser. Annualized expenses of the Money Market Central Funds as of their most recent shareholder report date are less than .005%.
A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds are available on the SEC website or upon request.
3. Significant Accounting Policies.
The Fund is an investment company and applies the accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services – Investments Companies. The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Subsequent events, if any, through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the Fund:
Investment Valuation. Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee.
The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:
- Level 1 – quoted prices in active markets for identical investments
- Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
- Level 3 – unobservable inputs (including the Fund's own assumptions based on the best information available)
Valuation techniques used to value the Fund's investments by major category are as follows:
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. Utilizing these techniques may result in transfers between Level 1 and Level 2. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. U.S. government and government agency obligations are valued by pricing vendors who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy. Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. The aggregate value of investments by input level as of August 31, 2018 is included at the end of the Fund's Schedule of Investments.
Investment Transactions and Income. For financial reporting purposes, the Fund's investment holdings and NAV include trades executed through the end of the last business day of the period. The NAV per share for processing shareholder transactions is calculated as of the close of business of the New York Stock Exchange (NYSE), normally 4:00 p.m. Eastern time and includes trades executed through the end of the prior business day. Gains and losses on securities sold are determined on the basis of identified cost. Dividend income is recorded on the ex-dividend date, except for certain dividends from foreign securities where the ex-dividend date may have passed, which are recorded as soon as the Fund is informed of the ex-dividend date. Non-cash dividends included in dividend income, if any, are recorded at the fair market value of the securities received. Income and capital gain distributions from Fidelity Central Funds, if any, are recorded on the ex-dividend date. Certain distributions received by the Fund represent a return of capital or capital gain. The Fund determines the components of these distributions subsequent to the ex-dividend date, based upon receipt of tax filings or other correspondence relating to the underlying investment. These distributions are recorded as a reduction of cost of investments and/or as a realized gain. Interest income is accrued as earned and includes coupon interest and amortization of premium and accretion of discount on debt securities as applicable.
Expenses. Expenses directly attributable to a fund are charged to that fund. Expenses attributable to more than one fund are allocated among the respective funds on the basis of relative net assets or other appropriate methods. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.
Income Tax Information and Distributions to Shareholders. Each year, the Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code, including distributing substantially all of its taxable income and realized gains. As a result, no provision for U.S. Federal income taxes is required. The Fund files a U.S. federal tax return, in addition to state and local tax returns as required. The Fund's federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction.
Distributions are declared and recorded on the ex-dividend date. Income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP.
Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Capital accounts are not adjusted for temporary book-tax differences which will reverse in a subsequent period.
Book-tax differences are primarily due to futures contracts and losses deferred due to wash sales.
As of period end, the cost and unrealized appreciation (depreciation) in securities, and derivatives if applicable, for federal income tax purposes were as follows:
Gross unrealized appreciation | $47,662,709 |
Gross unrealized depreciation | (8,313,564) |
Net unrealized appreciation (depreciation) | $39,349,145 |
Tax cost | $455,670,712 |
4. Derivative Instruments.
Risk Exposures and the Use of Derivative Instruments. The Fund's investment objective allows the Fund to enter into various types of derivative contracts, including futures contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.
The Fund used derivatives to increase returns and to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.
The Fund's use of derivatives increased or decreased its exposure to the following risk:
Equity Risk | Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment. |
The Fund is also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Fund will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Fund. Counterparty credit risk related to exchange-traded futures contracts may be mitigated by the protection provided by the exchange on which they trade.
Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received and amounts recognized in the Statement of Assets and Liabilities. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.
Futures Contracts. A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a fixed price at a specified future date. The Fund used futures contracts to manage its exposure to the stock market.
Upon entering into a futures contract, a fund is required to deposit either cash or securities (initial margin) with a clearing broker in an amount equal to a certain percentage of the face value of the contract. Futures contracts are marked-to-market daily and subsequent daily payments (variation margin) are made or received by a fund depending on the daily fluctuations in the value of the futures contracts and are recorded as unrealized appreciation or (depreciation). This receivable and/or payable, if any, is included in daily variation margin on futures contracts in the Statement of Assets and Liabilities. Realized gain or (loss) is recorded upon the expiration or closing of a futures contract. The net realized gain (loss) and change in net unrealized appreciation (depreciation) on futures contracts during the period is presented in the Statement of Operations.
Any open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The notional amount at value reflects each contract's exposure to the underlying instrument or index at period end and is representative of volume of activity during the period. Securities deposited to meet initial margin requirements are identified in the Schedule of Investments.
5. Purchases and Sales of Investments.
Purchases and sales of securities, other than short-term securities and in-kind transactions, aggregated $199,550,185 and $9,122,729, respectively.
6. Fees and Other Transactions with Affiliates.
Management Fee. Fidelity Management & Research Company (the investment adviser) and its affiliates provide the Fund with investment management related services and the Fund does not pay any fees for these services. Under the management contract, the investment adviser or an affiliate pays all other expenses of the Fund, excluding fees and expenses of the independent Trustees, and certain miscellaneous expenses such as proxy and shareholder meeting expenses.
Sub-Adviser. Geode Capital Management, LLC (Geode), serves as sub-adviser for the Fund. Geode provides discretionary investment advisory services to the Fund and is paid by the investment adviser for providing these services.
Interfund Trades. The Fund may purchase from or sell securities to other Fidelity Funds under procedures adopted by the Board. The procedures have been designed to ensure these interfund trades are executed in accordance with Rule 17a-7 of the 1940 Act. Interfund trades are included within the respective purchases and sales amounts shown in the Purchases and Sales of Investments note.
Exchanges In-Kind. During the period, an affiliated entity completed an exchange in-kind with the Fund. The affiliated entity delivered investments and cash valued at $236,623,797 in exchange for 20,903,162 shares of the Fund. The amount of in-kind exchanges is included in share transactions in the accompanying Statement of Changes in Net Assets. The Fund recognized no gain or loss for federal income tax purposes.
7. Committed Line of Credit.
The Fund participates with other funds managed by the investment adviser or an affiliate in a $4.25 billion credit facility (the "line of credit") to be utilized for temporary or emergency purposes to fund shareholder redemptions or for other short-term liquidity purposes. The Fund has agreed to pay commitment fees on its pro-rata portion of the line of credit, which amounted to $229 and is reflected in Commitment fees on the Statement of Operations. During the period, the Fund did not borrow on this line of credit.
8. Security Lending.
The Fund lends portfolio securities through a lending agent from time to time in order to earn additional income. For equity securities, a lending agent is used and may loan securities to certain qualified borrowers, including Fidelity Capital Markets (FCM), a broker-dealer affiliated with the Fund. On the settlement date of the loan, the Fund receives collateral (in the form of U.S. Treasury obligations, letters of credit and/or cash) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of the loaned securities during the period of the loan. The market value of the loaned securities is determined at the close of business of the Fund and any additional required collateral is delivered to the Fund on the next business day. The Fund or borrower may terminate the loan at any time, and if the borrower defaults on its obligation to return the securities loaned because of insolvency or other reasons, the Fund may apply collateral received from the borrower against the obligation. The Fund may experience delays and costs in recovering the securities loaned. Any cash collateral received is invested in the Fidelity Securities Lending Cash Central Fund. The value of loaned securities and cash collateral at period end are disclosed on the Fund's Statement of Assets and Liabilities. Security lending income represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium payments received for lending certain types of securities. Security lending income is presented in the Statement of Operations as a component of income from Fidelity Central Funds. Total security lending income during the period amounted to $921. During the period, there were no securities loaned to FCM.
9. Other.
The Fund's organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the Fund. In the normal course of business, the Fund may also enter into contracts that provide general indemnifications. The Fund's maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against the Fund. The risk of material loss from such claims is considered remote.
Shareholder Expense Example
As a shareholder of the Fund, you incur two types of costs: (1) transaction costs, and (2) ongoing costs, including other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in the Fund and to compare these costs with the ongoing costs of investing in other mutual funds.
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (March 1, 2018 to August 31, 2018).
Actual Expenses
The first line of the accompanying table provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000.00 (for example, an $8,600 account value divided by $1,000.00 = 8.6), then multiply the result by the number in the first line under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. In addition, the Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Hypothetical Example for Comparison Purposes
The second line of the accompanying table provides information about hypothetical account values and hypothetical expenses based on the Fund's actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund's actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. In addition, the Fund, as a shareholder in the underlying Fidelity Central Funds, will indirectly bear its pro-rata share of the fees and expenses incurred by the underlying Fidelity Central Funds. These fees and expenses are not included in the Fund's annualized expense ratio used to calculate the expense estimate in the table below.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds.
Annualized Expense Ratio-A | Beginning Account Value March 1, 2018 | Ending Account Value August 31, 2018 | Expenses Paid During Period-B March 1, 2018 to August 31, 2018 | |
Actual | - %-C | $1,000.00 | $1,079.60 | $--D |
Hypothetical-E | $1,000.00 | $1,025.21 | $--D |
A Annualized expense ratio reflects expenses net of applicable fee waivers.
B Expenses are equal to the Fund's annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/365 (to reflect the one-half year period).
C Amount represents less than .005%.
D Amount represents less than $.005.
E 5% return per year before expenses
Board Approval of Investment Advisory Contracts
Fidelity Flex 500 Index Fund
At its July 2018 meeting, the Board of Trustees, including the Independent Trustees (together, the Board), voted to continue the management contract with Fidelity Management & Research Company (FMR) and the sub-advisory agreement with Geode Capital Management, LLC (Geode) (together, the Advisory Contracts) for the fund for six months through January 31, 2019, in connection with the reunification of the Fidelity Equity High Income Funds Board, which oversees the fund, and the Sector Portfolios Board.
The Board considered that the approval of the fund's Advisory Contracts will not result in any changes in (i) the investment process or strategies employed in the management of the fund's assets; (ii) the fees and expenses paid by shareholders; (iii) the nature, extent or quality of services provided under the fund's Advisory Contracts; or (iv) the day-to-day management of the fund or the persons primarily responsible for such management.
The Board concluded that the fund's Advisory Contracts are fair and reasonable, and that the fund's Advisory Contracts should be renewed, without modification, through January 31, 2019, with the understanding that the Board will consider the annual renewal for a full one year period in January 2019.
In connection with its consideration of future renewals of the fund's Advisory Contracts, the Board will consider: (i) the nature, extent and quality of services provided to the fund, including shareholder and administrative services and investment performance; (ii) the competitiveness of the management fee and total expenses for the fund; (iii) the costs of the services and profitability, including the revenues earned and the expenses incurred in conducting the business of developing, marketing, distributing, managing, administering, and servicing the fund and its shareholders, to the extent applicable, as well as potential fall-out benefits from Fidelity's non-fund businesses; and (iv) whether there have been economies of scale in respect of the Fidelity funds, whether the Fidelity funds (including the fund) have appropriately benefited from any such economies of scale, and whether there is the potential for realization of any further economies.
Based on its evaluation of all of the conclusions noted above, and after considering all factors it believed relevant, the Board ultimately concluded that the fund's management fee structure is fair and reasonable, and that the continuation of the fund's Advisory Contracts should be approved.
Corporate Headquarters
245 Summer St.
Boston, MA 02210
www.fidelity.com
Z5I-SANN-1018
1.9881570.101
Item 2.
Code of Ethics
Not applicable.
Item 3.
Audit Committee Financial Expert
Not applicable.
Item 4.
Principal Accountant Fees and Services
Not applicable.
Item 5.
Audit Committee of Listed Registrants
Not applicable.
Item 6.
Investments
(a)
Not applicable.
(b)
Not applicable
Item 7.
Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies
Not applicable.
Item 8.
Portfolio Managers of Closed-End Management Investment Companies
Not applicable.
Item 9.
Purchase of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers
Not applicable.
Item 10.
Submission of Matters to a Vote of Security Holders
There were no material changes to the procedures by which shareholders may recommend nominees to the Fidelity Concord Street Trust’s Board of Trustees.
Item 11.
Controls and Procedures
(a)(i) The President and Treasurer and the Chief Financial Officer have concluded that the Fidelity Concord Street Trust’s (the “Trust”) disclosure controls and procedures (as
defined in Rule 30a-3(c) under the Investment Company Act) provide reasonable assurances that material information relating to the Trust is made known to them by the appropriate persons, based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this report.
(a)(ii) There was no change in the Trust’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Trust’s internal control over financial reporting.
Item 12.
Disclosure of Securities Lending Activities for Closed-End Management
Investment Companies
Not applicable.
Item 13.
Exhibits
(a) | (1) | Not applicable. |
(a) | (2) | Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT. |
(a) | (3) | Not applicable. |
(b) | Certification pursuant to Rule 30a-2(b) under the Investment Company Act of 1940 (17 CFR 270.30a-2(b)) is furnished and attached hereto as Exhibit 99.906CERT. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Fidelity Concord Street Trust
By: | /s/Stacie M. Smith |
Stacie M. Smith | |
President and Treasurer | |
Date: | October 24, 2018 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: | /s/Stacie M. Smith |
Stacie M. Smith | |
President and Treasurer | |
Date: | October 24, 2018 |
By: | /s/John J. Burke III |
John J. Burke III | |
Chief Financial Officer | |
Date: | October 24, 2018 |