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: 811-05972
Name of Registrant: | Vanguard International Equity Index Funds |
Address of Registrant: | P.O. Box 2600 |
Valley Forge, PA 19482 |
Name and address of agent for service: | Anne E. Robinson, Esquire |
P.O. Box 876 | |
Valley Forge, PA 19482 |
Registrant’s telephone number, including area code: (610) 669-1000
Date of fiscal year end: October 31
Date of reporting period: November 1, 2019—October 31, 2020
Item 1: Reports to Shareholders
Annual Report | October 31, 2020 | |
Vanguard International Stock Index Funds | |
Vanguard European Stock Index Fund | |
Vanguard Pacific Stock Index Fund | |
See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports. | |
Important information about access to shareholder reports
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report.
If you have already elected to receive shareholder reports electronically, you will not be affected by this change and do not need to take any action. You may elect to receive shareholder reports and other communications from the fund electronically by contacting your financial intermediary (such as a broker-dealer or bank) or, if you invest directly with the fund, by calling Vanguard at one of the phone numbers on the back cover of this report or by logging on to vanguard.com.
You may elect to receive paper copies of all future shareholder reports free of charge. If you invest through a financial intermediary, you can contact the intermediary to request that you continue to receive paper copies. If you invest directly with the fund, you can call Vanguard at one of the phone numbers on the back cover of this report or log on to vanguard.com. Your election to receive paper copies will apply to all the funds you hold through an intermediary or directly with Vanguard.
Contents | |
Your Fund’s Performance at a Glance | 1 |
About Your Fund’s Expenses | 2 |
European Stock Index Fund | 4 |
Pacific Stock Index Fund | 29 |
Please note: The opinions expressed in this report are just that—informed opinions. They should not be considered promises or advice. Also, please keep in mind that the information and opinions cover the period through the date on the front of this report. Of course, the risks of investing in your fund are spelled out in the prospectus.
Your Fund’s Performance at a Glance
· For the 12 months ended October 31, 2020, returns for Vanguard European Stock Index Fund ranged from –8.68% for Investor Shares to –8.50% for ETF Shares. Returns for Vanguard Pacific Stock Index Fund ranged from 0.52% for Investor Shares to 0.72% for Institutional Shares. The Pacific fund’s returns were better than the –0.11% return of its index, in part because of differences in the prices of securities used by the fund to calculate its net asset value and the quoted or published prices for the same securities.1
· The period was marked by the global spread of COVID-19 and efforts to contain it. However, policymakers’ responses, the start of trials for vaccines and treatments, and the easing of some restrictions lifted investor sentiment. The U.S. stock market performed better than emerging markets and, especially, developed markets outside the United States.
· The U.K., France, and Spain detracted most from the European fund’s performance. Among sectors, financials and energy were the biggest detractors.
· The Pacific fund’s large allocation to Japanese stocks and smaller allocation in South Korea generated positive returns, but those were offset by negative results in Australia, Hong Kong, and Singapore. Financials, one of the fund’s largest weightings by sector, detracted most.
Market Barometer
Average Annual Total Returns | |||
Periods Ended October 31, 2020 | |||
One Year | Three Years | Five Years | |
Stocks | |||
Russell 1000 Index (Large-caps) | 10.87% | 10.63% | 11.79% |
Russell 2000 Index (Small-caps) | -0.14 | 2.19 | 7.27 |
Russell 3000 Index (Broad U.S. market) | 10.15 | 10.04 | 11.48 |
FTSE All-World ex US Index (International) | -2.17 | 0.13 | 4.52 |
Bonds | |||
Bloomberg Barclays U.S. Aggregate Bond Index (Broad taxable market) | 6.19% | 5.06% | 4.08% |
Bloomberg Barclays Municipal Bond Index (Broad tax-exempt market) | 3.59 | 4.09 | 3.70 |
FTSE Three-Month U.S. Treasury Bill Index | 0.86 | 1.62 | 1.15 |
CPI | |||
Consumer Price Index | 1.18% | 1.82% | 1.83% |
1 See Note 1 in the Notes to Financial Statements.
1 |
About Your Fund’s Expenses
As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.
A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.
The accompanying table illustrates your fund’s costs in two ways:
· Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The “Ending Account Value” shown is derived from the fund’s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.
To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading “Expenses Paid During Period.”
· Based on hypothetical 5% yearly return. This section is intended to help you compare your fund’s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.
Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.”
The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.
You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.
2 |
Six Months Ended October 31, 2020
Beginning | Ending | Expenses | |
Account Value | Account Value | Paid During | |
4/30/2020 | 10/31/2020 | Period | |
Based on Actual Fund Return | |||
European Stock Index Fund | |||
Investor Shares | $1,000.00 | $1,083.84 | $1.20 |
FTSE Europe ETF Shares | 1,000.00 | 1,084.65 | 0.42 |
Admiral™ Shares | 1,000.00 | 1,084.48 | 0.52 |
Institutional Shares | 1,000.00 | 1,084.73 | 0.42 |
Institutional Plus Shares | 1,000.00 | 1,084.64 | 0.37 |
Pacific Stock Index Fund | |||
Investor Shares | $1,000.00 | $1,147.39 | $1.24 |
FTSE Pacific ETF Shares | 1,000.00 | 1,148.54 | 0.43 |
Admiral Shares | 1,000.00 | 1,148.37 | 0.54 |
Institutional Shares | 1,000.00 | 1,148.32 | 0.43 |
Based on Hypothetical 5% Yearly Return | |||
European Stock Index Fund | |||
Investor Shares | $1,000.00 | $1,023.98 | $1.17 |
FTSE Europe ETF Shares | 1,000.00 | 1,024.73 | 0.41 |
Admiral Shares | 1,000.00 | 1,024.63 | 0.51 |
Institutional Shares | 1,000.00 | 1,024.73 | 0.41 |
Institutional Plus Shares | 1,000.00 | 1,024.78 | 0.36 |
Pacific Stock Index Fund | |||
Investor Shares | $1,000.00 | $1,023.98 | $1.17 |
FTSE Pacific ETF Shares | 1,000.00 | 1,024.73 | 0.41 |
Admiral Shares | 1,000.00 | 1,024.63 | 0.51 |
Institutional Shares | 1,000.00 | 1,024.73 | 0.41 |
The calculations are based on expenses incurred in the most recent six-month period. The funds’ annualized six-month expense ratios for that period are: for the European Stock Index Fund, 0.23% for Investor Shares, 0.08% for FTSE Europe ETF Shares, 0.10% for Admiral Shares, 0.08% for Institutional Shares, and 0.07% for Institutional Plus Shares; and for the Pacific Stock Index Fund, 0.23% for Investor Shares, 0.08% for FTSE Pacific ETF Shares, 0.10% for Admiral Shares, and 0.08% for Institutional Shares. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (184/366).
3 |
European Stock Index Fund
Performance Summary
All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.
Cumulative Performance: October 31, 2010, Through October 31, 2020
Initial Investment of $10,000
Average Annual Total Returns | |||||
Periods Ended October 31, 2020 | |||||
Final Value | |||||
One | Five | Ten | of a $10,000 | ||
Year | Years | Years | Investment | ||
![]() | European Stock Index Fund Investor Shares | -8.68% | 2.02% | 3.43% | $14,007 |
![]() | Spliced European Stock Index | -8.43 | 2.09 | 3.55 | 14,176 |
![]() | FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.75 | 14,452 |
Spliced European Stock Index: MSCI Europe Index through March 26, 2013; FTSE Developed Europe Index through September 30, 2015; FTSE Developed Europe All Cap Index thereafter. Benchmark returns are adjusted for withholding taxes.
Final Value | ||||
One | Five | Ten | of a $10,000 | |
Year | Years | Years | Investment | |
FTSE Europe ETF Shares Net Asset Value | -8.50% | 2.19% | 3.59% | $14,227 |
FTSE Europe ETF Shares Market Price | -8.65 | 2.20 | 3.56 | 14,756 |
Spliced European Stock Index | -8.43 | 2.09 | 3.55 | 14,176 |
FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.75 | 14,452 |
See Financial Highlights for dividend and capital gains information.
4 |
European Stock Index Fund
Average Annual Total Returns | ||||
Periods Ended October 31, 2020 | ||||
Final Value | ||||
One | Five | Ten | of a $10,000 | |
Year | Years | Years | Investment | |
European Stock Index Fund Admiral Shares | -8.55% | 2.17% | 3.57% | $14,208 |
Spliced European Stock Index | -8.43 | 2.09 | 3.55 | 14,176 |
FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.75 | 14,452 |
Final Value | ||||
One | Five | Ten | of a $5,000,000 | |
Year | Years | Years | Investment | |
European Stock Index Fund Institutional Shares | -8.54% | 2.18% | 3.60% | $7,119,894 |
Spliced European Stock Index | -8.43 | 2.09 | 3.55 | 7,087,955 |
FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.75 | 7,226,072 |
Since | Final Value | |||
One | Five | Inception | of a $100,000,000 | |
Year | Years | (12/5/2014) | Investment | |
European Stock Index Fund Institutional Plus Shares | -8.52% | 2.21% | 1.41% | $108,632,830 |
Spliced European Stock Index | -8.43 | 2.09 | 1.39 | 108,516,106 |
FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.16 | 120,189,268 |
“Since Inception” performance is calculated from the Institutional Plus Shares’ inception date for both the fund and its comparative standard(s).
Cumulative Returns of ETF Shares: October 31, 2010, Through October 31, 2020
One | Five | Ten | |
Year | Years | Years | |
FTSE Europe ETF Shares Market Price | -8.65% | 11.51% | 41.85% |
FTSE Europe ETF Shares Net Asset Value | -8.50 | 11.44 | 42.27 |
Spliced European Stock Index | -8.43 | 10.88 | 41.76 |
For the ETF Shares, the market price is determined by the midpoint of the bid-offer spread as of the closing time of the New York Stock Exchange (generally 4 p.m., Eastern time). The net asset value is also determined as of the NYSE closing time. For more information about how the ETF Shares’ market prices have compared with their net asset value, visit vanguard.com, select your ETF, and then select the Price and Performance tab. The ETF premium/discount analysis there shows the percentages of days on which the ETF Shares’ market price was above or below the NAV.
5 |
European Stock Index Fund
Fund Allocation
As of October 31, 2020
Basic Materials | 6.5 | % |
Consumer Discretionary | 11.9 | |
Consumer Staples | 8.9 | |
Energy | 4.3 | |
Financials | 21.4 | |
Health Care | 13.1 | |
Industrials | 16.2 | |
Real Estate | 2.8 | |
Technology | 6.9 | |
Telecommunications | 3.4 | |
Utilities | 4.6 |
The table reflects the fund’s investments, except for short-term investments and derivatives. Sector categories are based on the Industry Classification Benchmark (“ICB”), except for the “Other” category (if applicable), which includes securities that have not been provided an ICB classification as of the effective reporting period.
The fund may invest in derivatives (such as futures and swap contracts) for various reasons, including, but not limited to, attempting to remain fully invested and tracking its target index as closely as possible.
The Industry Classification Benchmark (“ICB”) is owned by FTSE. FTSE does not accept any liability to any person for any loss or damage arising out of any error or omission in the ICB.
6 |
European Stock Index Fund
Financial Statements
Schedule of Investments—Investments Summary
As of October 31, 2020
This Statement summarizes the fund’s holdings by asset type. Details are reported for each of the fund’s 50 largest individual holdings and for investments that, in total for any issuer, represent more than 1% of the fund’s net assets. The total value of smaller holdings is reported as a single amount within each category.
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) four times in each fiscal year. For the second and fourth quarters the complete list of the fund’s holdings is available on vanguard.com and on Form N-CSR, or you can have it mailed to you without charge by calling 800-662-7447. For the first and third quarters of each fiscal year, the complete list of the fund’s holdings is available as an exhibit to its reports on Form N-PORT. The fund’s Form N-CSR and Form N-PORT reports are available on the SEC’s website at www.sec.gov.
Market | Percentage | |||
Value• | of Net | |||
Shares | ($000) | Assets | ||
Common Stocks | ||||
1Austria † | 66,381 | 0.4% | ||
Belgium | ||||
Anheuser-Busch InBev SA/NV | 1,477,220 | 76,412 | 0.5% | |
Belgium—Other † | 206,395 | 1.2% | ||
282,807 | 1.7% | |||
Denmark | ||||
Novo Nordisk A/S Class B | 2,870,980 | 183,070 | 1.1% | |
Novozymes A/S | 362,013 | 21,772 | 0.2% | |
1 | Denmark—Other † | 442,410 | 2.7% | |
647,252 | 4.0% | |||
Finland † | 365,945 | 2.2% | ||
France | ||||
LVMH Moet Hennessy Louis Vuitton SE | 442,940 | 207,629 | 1.3% | |
Sanofi | 1,936,534 | 174,858 | 1.1% | |
TOTAL SE | 4,311,038 | 130,611 | 0.8% | |
Schneider Electric SE | 935,141 | 113,627 | 0.7% | |
L’Oreal SA Loyalty Shares | 278,786 | 90,100 | 0.5% | |
Air Liquide SA Loyalty Shares | 562,260 | 82,225 | 0.5% | |
Kering SA | 131,874 | 79,694 | 0.5% | |
* | Airbus SE | 985,781 | 72,126 | 0.4% |
* | BNP Paribas SA | 1,924,454 | 67,115 | 0.4% |
Vinci SA | 825,565 | 65,208 | 0.4% | |
* | EssilorLuxottica SA | 524,055 | 64,700 | 0.4% |
§,1 | France—Other † | 1,325,936 | 8.2% | |
2,473,829 | 15.2% | |||
Germany | ||||
SAP SE | 1,995,379 | 212,878 | 1.3% | |
Siemens AG | 1,359,529 | 159,496 | 1.0% |
7 |
European Stock Index Fund
Market | Percentage | |||
Value• | of Net | |||
Shares | ($000) | Assets | ||
Allianz SE | 738,652 | 130,118 | 0.8% | |
* | adidas AG | 341,980 | 101,605 | 0.6% |
BASF SE | 1,627,322 | 89,110 | 0.5% | |
Deutsche Telekom AG | 5,740,863 | 87,255 | 0.5% | |
Bayer AG | 1,748,074 | 82,144 | 0.5% | |
Deutsche Post AG | 1,737,534 | 77,039 | 0.5% | |
Daimler AG | 1,432,297 | 74,034 | 0.5% | |
1 | Siemens Healthineers AG | 250,441 | 10,751 | 0.1% |
1 | Germany—Other † | 1,282,701 | 7.9% | |
2,307,131 | 14.2% | |||
§Ireland † | 114,245 | 0.7% | ||
Italy | ||||
Enel SPA | 13,821,428 | 109,888 | 0.7% | |
1 | Italy—Other † | 498,610 | 3.0% | |
608,498 | 3.7% | |||
Netherlands | ||||
ASML Holding NV | 709,351 | 256,647 | 1.6% | |
^ | Unilever NV | 2,582,338 | 145,577 | 0.9% |
*,1 | Adyen NV | 47,593 | 79,992 | 0.5% |
Prosus NV | 768,066 | 76,681 | 0.5% | |
Koninklijke Philips NV | 1,617,410 | 74,914 | 0.4% | |
1 | Netherlands—Other † | 482,081 | 3.0% | |
1,115,892 | 6.9% | |||
1Norway † | 203,688 | 1.3% | ||
1Poland † | 74,907 | 0.5% | ||
Portugal † | 52,704 | 0.3% | ||
Spain | ||||
* | Iberdrola SA | 10,566,095 | 124,761 | 0.8% |
Siemens Gamesa Renewable Energy SA | 399,434 | 11,336 | 0.1% | |
1 | Spain—Other † | 447,142 | 2.7% | |
583,239 | 3.6% | |||
1Sweden † | 987,437 | 6.1% | ||
Switzerland | ||||
Nestle SA | 4,956,480 | 557,495 | 3.4% | |
Roche Holding AG | 1,261,008 | 405,202 | 2.5% | |
Novartis AG | 3,822,356 | 297,848 | 1.8% | |
Zurich Insurance Group AG | 265,014 | 88,023 | 0.6% | |
Lonza Group AG | 131,821 | 79,872 | 0.5% | |
ABB Ltd. | 3,176,829 | 77,086 | 0.5% | |
UBS Group AG | 5,960,340 | 69,390 | 0.4% | |
Givaudan SA | 16,404 | 66,895 | 0.4% | |
Roche Holding AG (Bearer) | 23,815 | 7,673 | 0.1% | |
§,1 | Switzerland—Other † | 878,595 | 5.4% | |
2,528,079 | 15.6% |
8 |
European Stock Index Fund
Market | Percentage | ||||
Value• | of Net | ||||
Shares | ($000) | Assets | |||
United Kingdom | |||||
AstraZeneca plc | 2,334,583 | 234,406 | 1.4% | ||
* | HSBC Holdings plc | 36,226,329 | 151,810 | 0.9% | |
GlaxoSmithKline plc | 8,764,418 | 146,353 | 0.9% | ||
Diageo plc | 4,078,404 | 131,806 | 0.8% | ||
British American Tobacco plc | 3,896,967 | 123,516 | 0.8% | ||
Unilever plc | 1,938,423 | 110,469 | 0.7% | ||
Rio Tinto plc | 1,931,202 | 109,232 | 0.7% | ||
Reckitt Benckiser Group plc | 1,121,529 | 98,794 | 0.6% | ||
BP plc | 35,263,408 | 89,946 | 0.5% | ||
Royal Dutch Shell plc Class B | 6,639,492 | 80,068 | 0.5% | ||
Royal Dutch Shell plc Class A (XLON) | 6,060,853 | 76,243 | 0.5% | ||
National Grid plc | 6,235,955 | 74,180 | 0.5% | ||
BHP Group plc | 3,697,989 | 71,639 | 0.4% | ||
Royal Dutch Shell plc Class A (XAMS) | 1,191,185 | 15,182 | 0.1% | ||
§,1 | United Kingdom—Other † | 2,196,969 | 13.5% | ||
3,710,613 | 22.8% | ||||
Total Common Stocks (Cost $21,614,066) | 16,122,647 | 99.2% | |||
Coupon | |||||
Temporary Cash Investments | |||||
Money Market Fund | |||||
2,3 | Vanguard Market Liquidity Fund | 0.112% | 4,039,814 | 403,981 | 2.5% |
4U.S. Government and Agency Obligations † | 21,486 | 0.1% | |||
Total Temporary Cash Investments (Cost $425,466) | 425,467 | 2.6% | |||
Total Investments (Cost $22,039,532) | 16,548,114 | 101.8% | |||
Other Assets and Liabilities—Net | (294,356) | (1.8%) | |||
Net Assets | 16,253,758 | 100.0% |
Cost is in $000.
• | See Note A in Notes to Financial Statements. |
* | Non-income-producing security. |
^ | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $371,125,000. |
§ | Security value determined using significant unobservable inputs. |
† | Represents the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer, represent 1% or less of net assets. |
1 | Certain securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At October 31, 2020, the aggregate value of these securities was $599,899,000, representing 3.7% of net assets. |
2 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
3 | Collateral of $399,126,000 was received for securities on loan. |
4 | Securities with a value of $15,271,000 have been segregated as initial margin for open futures contracts. |
9 |
European Stock Index Fund
Derivative Financial Instruments Outstanding as of Period End | ||||
Futures Contracts | ||||
($000) | ||||
Value and | ||||
Number of | Unrealized | |||
Long (Short) | Notional | Appreciation | ||
Expiration | Contracts | Amount | (Depreciation) | |
Long Futures Contracts | ||||
Dow Jones EURO STOXX 50 Index | December 2020 | 2,477 | 85,363 | (10,237) |
FTSE 100 Index | December 2020 | 547 | 39,425 | (3,313) |
(13,550) |
Forward Currency Contracts | |||||||
Contract | Unrealized | Unrealized | |||||
Settlement | Contract Amount (000) | Appreciation | (Depreciation) | ||||
Counterparty | Date | Receive | Deliver | ($000) | ($000) | ||
BNP Paribas | 1/14/21 | EUR | 97,054 | USD | 114,815 | — | (1,566) |
Goldman Sachs International | 1/14/21 | GBP | 30,993 | USD | 39,832 | 344 | — |
Bank of America, N.A. | 1/14/21 | USD | 91,957 | CHF | 84,920 | — | (885) |
Citibank, N.A. | 1/14/21 | USD | 2,500 | DKK | 15,965 | — | (3) |
344 | (2,454) |
CHF—Swiss franc.
DKK—Danish krone.
EUR—euro.
GBP—British pound.
USD—U.S. dollar.
At October 31, 2020, the counterparties had deposited in segregated accounts securities with a value of $564,000 in connection with open forward currency contracts.
See accompanying Notes, which are an integral part of the Financial Statements.
10 |
European Stock Index Fund
Statement of Assets and Liabilities
As of October 31, 2020
($000s, except shares and per-share amounts) | Amount |
Assets | |
Investments in Securities, at Value | |
Unaffiliated Issuers (Cost $21,635,550) | 16,144,133 |
Affiliated Issuers (Cost $403,982) | 403,981 |
Total Investments in Securities | 16,548,114 |
Investment in Vanguard | 724 |
Foreign Currency, at Value (Cost $8,169) | 8,217 |
Cash Collateral Pledged—Forward Currency Contracts | 2,330 |
Receivables for Investment Securities Sold | 935 |
Receivables for Accrued Income | 115,974 |
Receivables for Capital Shares Issued | 2,844 |
Unrealized Appreciation—Forward Currency Contracts | 344 |
Total Assets | 16,679,482 |
Liabilities | |
Due to Custodian | 19,078 |
Payables for Investment Securities Purchased | 993 |
Collateral for Securities on Loan | 399,126 |
Payables for Capital Shares Redeemed | 3,352 |
Payables to Vanguard | 721 |
Unrealized Depreciation—Forward Currency Contracts | 2,454 |
Total Liabilities | 425,724 |
Net Assets | 16,253,758 |
11 |
European Stock Index Fund
Statement of Assets and Liabilities (continued)
At October 31, 2020, net assets consisted of:
($000s, except shares and per-share amounts) | Amount |
Paid-in Capital | 22,556,453 |
Total Distributable Earnings (Loss) | (6,302,695) |
Net Assets | 16,253,758 |
Investor Shares—Net Assets | |
Applicable to 717,764 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 19,116 |
Net Asset Value Per Share—Investor Shares | $26.63 |
ETF Shares—Net Assets | |
Applicable to 235,207,768 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 11,659,420 |
Net Asset Value Per Share—ETF Shares | $49.57 |
Admiral Shares—Net Assets | |
Applicable to 61,208,311 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 3,795,275 |
Net Asset Value Per Share—Admiral Shares | $62.01 |
Institutional Shares—Net Assets | |
Applicable to 26,844,848 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 709,802 |
Net Asset Value Per Share—Institutional Shares | $26.44 |
Institutional Plus Shares—Net Assets | |
Applicable to 593,740 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 70,145 |
Net Asset Value Per Share—Institutional Plus Shares | $118.14 |
See accompanying Notes, which are an integral part of the Financial Statements.
12 |
European Stock Index Fund
Statement of Operations
Year Ended | |
October 31, 2020 | |
($000) | |
Investment Income | |
Income | |
Dividends1 | 392,224 |
Non-Cash Dividends | 31,123 |
Interest2 | 228 |
Securities Lending—Net | 7,735 |
Total Income | 431,310 |
Expenses | |
The Vanguard Group—Note B | |
Investment Advisory Services | 2,153 |
Management and Administrative—Investor Shares | 24 |
Management and Administrative—ETF Shares | 7,073 |
Management and Administrative—Admiral Shares | 3,174 |
Management and Administrative—Institutional Shares | 454 |
Management and Administrative—Institutional Plus Shares | 37 |
Marketing and Distribution—Investor Shares | 3 |
Marketing and Distribution—ETF Shares | 475 |
Marketing and Distribution—Admiral Shares | 185 |
Marketing and Distribution—Institutional Shares | 23 |
Marketing and Distribution—Institutional Plus Shares | 1 |
Custodian Fees | 1,102 |
Auditing Fees | 48 |
Shareholders’ Reports—Investor Shares | 11 |
Shareholders’ Reports—ETF Shares | 334 |
Shareholders’ Reports—Admiral Shares | 93 |
Shareholders’ Reports—Institutional Shares | 6 |
Shareholders’ Reports—Institutional Plus Shares | — |
Trustees’ Fees and Expenses | 12 |
Total Expenses | 15,208 |
Expenses Paid Indirectly | (306) |
Net Expenses | 14,902 |
Net Investment Income | 416,408 |
13 |
European Stock Index Fund
Statement of Operations (continued) | |
Year Ended | |
October 31, 2020 | |
($000) | |
Realized Net Gain (Loss) | |
Investment Securities Sold2,3 | (1,074,471) |
Futures Contracts | (7,633) |
Forward Currency Contracts | 12,389 |
Foreign Currencies | 1,644 |
Realized Net Gain (Loss) | (1,068,071) |
Change in Unrealized Appreciation (Depreciation) | |
Investment Securities2 | (1,524,326) |
Futures Contracts | (15,316) |
Forward Currency Contracts | (4,798) |
Foreign Currencies | 6,063 |
Change in Unrealized Appreciation (Depreciation) | (1,538,377) |
Net Increase (Decrease) in Net Assets Resulting from Operations | (2,190,040) |
1 | Dividends are net of foreign withholding taxes of $42,493,000. |
2 | Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund were $133,000, ($61,000), and $30,000, respectively. Purchases and sales are for temporary cash investment purposes. |
3 | Includes ($241,553,000) of net gain (loss) resulting from in-kind redemptions. |
See accompanying Notes, which are an integral part of the Financial Statements.
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European Stock Index Fund
Statement of Changes in Net Assets
Year Ended October 31, | ||
2020 | 2019 | |
($000) | ($000) | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net Investment Income | 416,408 | 663,789 |
Realized Net Gain (Loss) | (1,068,071) | 35,555 |
Change in Unrealized Appreciation (Depreciation) | (1,538,377) | 1,206,225 |
Net Increase (Decrease) in Net Assets Resulting from Operations | (2,190,040) | 1,905,569 |
Distributions1 | ||
Investor Shares | (468) | (11,251) |
ETF Shares | (289,650) | (475,195) |
Admiral Shares | (97,387) | (151,252) |
Institutional Shares | (18,231) | (29,476) |
Institutional Plus Shares | (1,716) | (4,128) |
Total Distributions | (407,452) | (671,302) |
Capital Share Transactions | ||
Investor Shares | (3,442) | (537,858) |
ETF Shares | 556,405 | (2,413,675) |
Admiral Shares | (344,953) | 198,090 |
Institutional Shares | (68,683) | 53,745 |
Institutional Plus Shares | (28,288) | (66,754) |
Net Increase (Decrease) from Capital Share Transactions | 111,039 | (2,766,452) |
Total Increase (Decrease) | (2,486,453) | (1,532,185) |
Net Assets | ||
Beginning of Period | 18,740,211 | 20,272,396 |
End of Period | 16,253,758 | 18,740,211 |
1 | Certain prior-period numbers have been reclassified to conform with the current-period presentation. |
See accompanying Notes, which are an integral part of the Financial Statements.
15 |
European Stock Index Fund
Financial Highlights
Investor Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $29.84 | $27.85 | $31.44 | $25.27 | $27.98 |
Investment Operations | |||||
Net Investment Income | .6271 | 1.0531 | .9681 | .8271 | .881 |
Net Realized and Unrealized Gain (Loss) on Investments | (3.221) | 1.913 | (3.572) | 6.109 | (2.738) |
Total from Investment Operations | (2.594) | 2.966 | (2.604) | 6.936 | (1.857) |
Distributions | |||||
Dividends from Net Investment Income | (.616) | (.976) | (.986) | (.766) | (.853) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (.616) | (.976) | (.986) | (.766) | (.853) |
Net Asset Value, End of Period | $26.63 | $29.84 | $27.85 | $31.44 | $25.27 |
Total Return2 | -8.68% | 10.90% | -8.53% | 27.77% | -6.63% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $19 | $25 | $543 | $701 | $608 |
Ratio of Total Expenses to Average Net Assets | 0.23% | 0.23% | 0.23% | 0.26% | 0.26% |
Ratio of Net Investment Income to Average Net Assets | 2.23% | 3.72% | 3.14% | 2.81% | 3.35% |
Portfolio Turnover Rate3 | 3% | 3% | 6% | 4% | 6% |
1 | Calculated based on average shares outstanding. |
2 | Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees. |
3 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
16 |
European Stock Index Fund
Financial Highlights
FTSE Europe ETF Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $55.54 | $51.84 | $58.54 | $47.05 | $52.09 |
Investment Operations | |||||
Net Investment Income | 1.2471 | 1.8541 | 1.9121 | 1.5671 | 1.717 |
Net Realized and Unrealized Gain (Loss) on Investments | (5.990) | 3.744 | (6.689) | 11.434 | (5.094) |
Total from Investment Operations | (4.743) | 5.598 | (4.777) | 13.001 | (3.377) |
Distributions | |||||
Dividends from Net Investment Income | (1.227) | (1.898) | (1.923) | (1.511) | (1.663) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (1.227) | (1.898) | (1.923) | (1.511) | (1.663) |
Net Asset Value, End of Period | $49.57 | $55.54 | $51.84 | $58.54 | $47.05 |
Total Return | -8.50% | 11.08% | -8.44% | 27.98% | -6.43% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $11,659 | $13,067 | $14,624 | $17,880 | $10,533 |
Ratio of Total Expenses to Average Net Assets | 0.08% | 0.08% | 0.09% | 0.10% | 0.10% |
Ratio of Net Investment Income to Average Net Assets | 2.38% | 3.50% | 3.28% | 2.97% | 3.51% |
Portfolio Turnover Rate2 | 3% | 3% | 6% | 4% | 6% |
1 | Calculated based on average shares outstanding. |
2 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
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European Stock Index Fund
Financial Highlights
Admiral Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $69.48 | $64.84 | $73.23 | $58.85 | $65.16 |
Investment Operations | |||||
Net Investment Income | 1.5531 | 2.2981 | 2.3531 | 2.0161 | 2.151 |
Net Realized and Unrealized Gain (Loss) on Investments | (7.502) | 4.693 | (8.338) | 14.251 | (6.379) |
Total from Investment Operations | (5.949) | 6.991 | (5.985) | 16.267 | (4.228) |
Distributions | |||||
Dividends from Net Investment Income | (1.521) | (2.351) | (2.405) | (1.887) | (2.082) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (1.521) | (2.351) | (2.405) | (1.887) | (2.082) |
Net Asset Value, End of Period | $62.01 | $69.48 | $64.84 | $73.23 | $58.85 |
Total Return2 | -8.55% | 11.05% | -8.43% | 27.99% | -6.48% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $3,795 | $4,671 | $4,174 | $4,754 | $3,609 |
Ratio of Total Expenses to Average Net Assets | 0.10% | 0.10% | 0.10% | 0.10% | 0.10% |
Ratio of Net Investment Income to Average Net Assets | 2.37% | 3.47% | 3.27% | 2.97% | 3.51% |
Portfolio Turnover Rate3 | 3% | 3% | 6% | 4% | 6% |
1 | Calculated based on average shares outstanding. |
2 | Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees. |
3 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
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European Stock Index Fund
Financial Highlights
Institutional Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $29.63 | $27.65 | $31.23 | $25.10 | $27.79 |
Investment Operations | |||||
Net Investment Income | .6671 | .9931 | 1.0141 | .8731 | .921 |
Net Realized and Unrealized Gain (Loss) on Investments | (3.203) | 1.998 | (3.564) | 6.068 | (2.719) |
Total from Investment Operations | (2.536) | 2.991 | (2.550) | 6.941 | (1.798) |
Distributions | |||||
Dividends from Net Investment Income | (.654) | (1.011) | (1.030) | (.811) | (.892) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (.654) | (1.011) | (1.030) | (.811) | (.892) |
Net Asset Value, End of Period | $26.44 | $29.63 | $27.65 | $31.23 | $25.10 |
Total Return | -8.54% | 11.09% | -8.42% | 28.00% | -6.46% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $710 | $870 | $760 | $756 | $574 |
Ratio of Total Expenses to Average Net Assets | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% |
Ratio of Net Investment Income to Average Net Assets | 2.39% | 3.51% | 3.29% | 2.99% | 3.53% |
Portfolio Turnover Rate2 | 3% | 3% | 6% | 4% | 6% |
1 | Calculated based on average shares outstanding. |
2 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
19 |
European Stock Index Fund
Financial Highlights
Institutional Plus Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $132.38 | $123.55 | $139.48 | $112.09 | $124.09 |
Investment Operations | |||||
Net Investment Income | 2.9891 | 4.1971 | 4.7111 | 3.9101 | 4.121 |
Net Realized and Unrealized Gain (Loss) on Investments | (14.294) | 9.160 | (16.018) | 27.110 | (12.133) |
Total from Investment Operations | (11.305) | 13.357 | (11.307) | 31.020 | (8.012) |
Distributions | |||||
Dividends from Net Investment Income | (2.935) | (4.527) | (4.623) | (3.630) | (3.988) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (2.935) | (4.527) | (4.623) | (3.630) | (3.988) |
Net Asset Value, End of Period | $118.14 | $132.38 | $123.55 | $139.48 | $112.09 |
Total Return | -8.52% | 11.08% | -8.36% | 28.03% | -6.45% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $70 | $106 | $170 | $122 | $99 |
Ratio of Total Expenses to Average Net Assets | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% |
Ratio of Net Investment Income to Average Net Assets | 2.40% | 3.34% | 3.30% | 3.00% | 3.54% |
Portfolio Turnover Rate2 | 3% | 3% | 6% | 4% | 6% |
1 | Calculated based on average shares outstanding. |
2 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
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European Stock Index Fund
Notes to Financial Statements
Vanguard European Stock Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund offers five classes of shares: Investor Shares, ETF Shares, Admiral Shares, Institutional Shares, and Institutional Plus Shares. Each of the share classes has different eligibility and minimum purchase requirements, and is designed for different types of investors. ETF Shares, known as Vanguard FTSE Europe ETF Shares, are listed for trading on NYSE Arca; they can be purchased and sold through a broker.
The fund invests in securities of foreign issuers, which may subject it to investment risks not normally associated with investing in securities of U.S. corporations. Market disruptions associated with the COVID-19 pandemic have had a global impact, and uncertainty exists as to the long-term implications. Such disruptions can adversely affect assets of the fund and thus fund performance.
A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.
1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued at their fair values calculated according to procedures adopted by the board of trustees. These procedures include obtaining quotations from an independent pricing service, monitoring news to identify significant market- or security-specific events, and evaluating changes in the values of foreign market proxies (for example, ADRs, futures contracts, or exchange-traded funds), between the time the foreign markets close and the fund’s pricing time. When fair-value pricing is employed, the prices of securities used by a fund to calculate its net asset value may differ from quoted or published prices for the same securities. Investments in Vanguard Market Liquidity Fund are valued at the fund’s net asset value. Temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services.
2. Foreign Currency: Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using exchange rates obtained from an independent third party as of the fund’s pricing time on the valuation date. Realized gains (losses) and unrealized appreciation (depreciation) on investment securities include the effects of changes in exchange rates since the securities were purchased, combined with the effects of changes in security prices. Fluctuations in the value of other assets and liabilities resulting from changes in exchange rates are recorded as unrealized foreign currency gains (losses) until the assets or liabilities are settled in cash, at which time they are recorded as realized foreign currency gains (losses).
3. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures contracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the underlying index while maintaining a cash balance for liquidity. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the
21 |
European Stock Index Fund
counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. The notional amounts of the contracts are not recorded in the Statement of Assets and Liabilities. Fluctuations in the value of the contracts are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized gains (losses) on futures contracts.
During the year ended October 31, 2020, the fund’s average investments in long and short futures contracts represented less than 1% and 0% of net assets, respectively, based on the average of the notional amounts at each quarter-end during the period.
4. Forward Currency Contracts: The fund enters into forward currency contracts to provide the appropriate currency exposure related to any open futures contracts. The fund’s risks in using these contracts include movement in the values of the foreign currencies relative to the U.S. dollar and the ability of the counterparties to fulfill their obligations under the contracts. The fund mitigates its counterparty risk by entering into forward currency contracts only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. The master netting arrangements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate the forward currency contracts, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The forward currency contracts contain provisions whereby a counterparty may terminate open contracts if the fund’s net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the forward currency contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.
Forward currency contracts are valued at their quoted daily prices obtained from an independent third party, adjusted for currency risk based on the expiration date of each contract. The notional amounts of the contracts are not recorded in the Statement of Assets and Liabilities. Fluctuations in the value of the contracts are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized gains (losses) on forward currency contracts.
The fund’s average investment in forward currency contracts represented less than 1% of net assets, based on the average of the notional amounts at each quarter-end during the period.
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European Stock Index Fund
5. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. The fund’s tax returns are open to examination by the relevant tax authorities until expiration of the applicable statute of limitations, which is generally three years after the filing of the tax return. Management has analyzed the fund’s tax positions taken for all open federal and state income tax years, and has concluded that no provision for income tax is required in the fund’s financial statements.
6. Distributions: Distributions to shareholders are recorded on the ex-dividend date. Distributions are determined on a tax basis at the fiscal year-end and may differ from net investment income and realized capital gains for financial reporting purposes.
7. Securities Lending: To earn additional income, the fund lends its securities to qualified institutional borrowers. Security loans are subject to termination by the fund at any time, and are required to be secured at all times by collateral in an amount at least equal to the market value of securities loaned. Daily market fluctuations could cause the value of loaned securities to be more or less than the value of the collateral received. When this occurs, the collateral is adjusted and settled before the opening of the market on the next business day. The fund further mitigates its counterparty risk by entering into securities lending transactions only with a diverse group of prequalified counterparties, monitoring their financial strength, and entering into master securities lending agreements with its counterparties. The master securities lending agreements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate any loans with that borrower, determine the net amount owed, and sell or retain the collateral up to the net amount owed to the fund; however, such actions may be subject to legal proceedings. While collateral mitigates counterparty risk, in the event of a default, the fund may experience delays and costs in recovering the securities loaned. The fund invests cash collateral received in Vanguard Market Liquidity Fund, and records a liability in the Statement of Assets and Liabilities for the return of the collateral, during the period the securities are on loan. Collateral investments in Vanguard Market Liquidity Fund are subject to market appreciation or depreciation. Securities lending income represents fees charged to borrowers plus income earned on invested cash collateral, less expenses associated with the loan. During the term of the loan, the fund is entitled to all distributions made on or in respect of the loaned securities.
8. Credit Facilities and Interfund Lending Program: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $4.3 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement and an uncommitted credit facility provided by Vanguard. Both facilities may be renewed annually. Each fund is individually liable for its borrowings, if any, under the credit facilities. Borrowings may be utilized for temporary or emergency purposes, subject to the fund’s regulatory and contractual borrowing restrictions. With respect to the committed credit facility, the participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn committed amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under either facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate (or an acceptable alternate rate, if necessary), federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread, except that borrowings under the uncommitted credit facility may bear interest based upon an alternative rate agreed to by the fund and Vanguard.
In accordance with an exemptive order (the “Order”) from the SEC, the fund may participate in a joint lending and borrowing program that allows registered open-end Vanguard funds to borrow money from and lend money to each other for temporary or emergency purposes (the “Interfund
23 |
European Stock Index Fund
Lending Program”), subject to compliance with the terms and conditions of the Order, and to the extent permitted by the fund’s investment objective and investment policies. Interfund loans and borrowings normally extend overnight, but can have a maximum duration of seven days. Loans may be called on one business day’s notice. The interest rate to be charged is governed by the conditions of the Order and internal procedures adopted by the board of trustees. The board of trustees is responsible for overseeing the Interfund Lending Program.
For the year ended October 31, 2020, the fund did not utilize the credit facilities or the Interfund Lending Program.
9. Other: Dividend income is recorded on the ex-dividend date. Non-cash dividends included in investment income, if any, are recorded at the fair value of the securities received. Interest income includes income distributions received from Vanguard Market Liquidity Fund and is accrued daily. Premiums and discounts on debt securities are amortized and accreted, respectively, to interest income over the lives of the respective securities, except for premiums on certain callable debt securities that are amortized to the earliest call date. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.
Withholding taxes on foreign dividends and capital gains have been provided for in accordance with the fund’s understanding of the applicable countries’ tax rules and rates. The fund has filed tax reclaims for previously withheld taxes on dividends earned in certain European Union countries. These filings are subject to various administrative and judicial proceedings within these countries. Such tax reclaims received during the year, if any, are included in dividend income. No other amounts for additional tax reclaims are reflected in the financial statements due to the uncertainty as to the ultimate resolution of proceedings, the likelihood of receipt of these reclaims, and the potential timing of payment.
Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.
B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees and are generally settled twice a month.
Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At October 31, 2020, the fund had contributed to Vanguard capital in the amount of $724,000, representing less than 0.01% of the fund’s net assets and 0.29% of Vanguard’s capital received pursuant to the FSA. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.
C. The fund’s custodian bank has agreed to reduce its fees when the fund maintains cash on deposit in the non-interest-bearing custody account. For the year ended October 31, 2020, custodian fee offset arrangements reduced the fund’s expenses by $306,000 (an annual rate of less than 0.01% of average net assets).
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European Stock Index Fund
D. Various inputs may be used to determine the value of the fund’s investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.
The following table summarizes the market value of the fund’s investments and derivatives as of October 31, 2020, based on the inputs used to value them:
Level 1 | Level 2 | Level 3 | Total | |
($000) | ($000) | ($000) | ($000) | |
Investments | ||||
Assets | ||||
Common Stocks | 5,523 | 16,116,874 | 250 | 16,122,647 |
Temporary Cash Investments | 403,981 | 21,486 | — | 425,467 |
Total | 409,504 | 16,138,360 | 250 | 16,548,114 |
Derivative Financial Instruments | ||||
Assets | ||||
Forward Currency Contracts | — | 344 | — | 344 |
Liabilities | ||||
Forward Currency Contracts | — | 2,454 | — | 2,454 |
E. At October 31, 2020, the fair values of derivatives were reflected in the Statement of Assets and Liabilities as follows:
Foreign | |||
Equity | Exchange | ||
Contracts | Contracts | Total | |
Statement of Assets and Liabilities Caption | ($000) | ($000) | ($000) |
Unrealized Appreciation—Forward Currency Contracts | — | 344 | 344 |
Unrealized Depreciation—Forward Currency Contracts | — | 2,454 | 2,454 |
25 |
European Stock Index Fund
Realized net gain (loss) and the change in unrealized appreciation (depreciation) on derivatives for the year ended October 31, 2020, were:
Foreign | |||
Equity | Exchange | ||
Contracts | Contracts | Total | |
Realized Net Gain (Loss) on Derivatives | ($000) | ($000) | ($000) |
Futures Contracts | (7,633) | — | (7,633) |
Forward Currency Contracts | — | 12,389 | 12,389 |
Realized Net Gain (Loss) on Derivatives | (7,633) | 12,389 | 4,756 |
Change in Unrealized Appreciation (Depreciation) on Derivatives | |||
Futures Contracts | (15,316) | — | (15,316) |
Forward Currency Contracts | — | (4,798) | (4,798) |
Change in Unrealized Appreciation (Depreciation) on Derivatives | (15,316) | (4,798) | (20,114) |
F. Permanent differences between book-basis and tax-basis components of net assets are reclassified among capital accounts in the financial statements to reflect their tax character. These reclassifications have no effect on net assets or net asset value per share. As of period end, permanent differences primarily attributable to the accounting for in-kind redemptions, foreign currency transactions, and passive foreign investment companies were reclassified between the following accounts:
Amount | |
($000) | |
Paid-in Capital | (247,875) |
Total Distributable Earnings (Loss) | 247,875 |
26 |
European Stock Index Fund
Temporary differences between book-basis and tax-basis components of total distributable earnings (loss) arise when certain items of income, gain, or loss are recognized in different periods for financial statement and tax purposes; these differences will reverse at some time in the future. The differences are primarily related to the deferral of losses from wash sales; the recognition of unrealized gains or losses from certain derivative contracts; and the recognition of unrealized gains from passive foreign investment companies. As of period end, the tax-basis components of total distributable earnings (loss) are detailed in the table as follows:
Amount | |
($000) | |
Undistributed Ordinary Income | 79,451 |
Undistributed Long-Term Gains | — |
Capital Loss Carryforwards | (866,377) |
Qualified Late-Year Losses | — |
Net Unrealized Gains (Losses) | (5,515,769) |
The tax character of distributions paid was as follows:
Year Ended October 31, | ||
2020 | 2019 | |
Amount | Amount | |
($000) | ($000) | |
Ordinary Income* | 407,452 | 671,302 |
Long-Term Capital Gains | — | — |
Total | 407,452 | 671,302 |
* Includes short-term capital gains, if any.
As of October 31, 2020, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:
Amount | |
($000) | |
Tax Cost | 22,068,975 |
Gross Unrealized Appreciation | 2,580,925 |
Gross Unrealized Depreciation | (8,101,789) |
Net Unrealized Appreciation (Depreciation) | (5,520,864) |
27 |
European Stock Index Fund
G. During the year ended October 31, 2020, the fund purchased $2,793,432,000 of investment securities and sold $2,672,096,000 of investment securities, other than temporary cash investments. Purchases and sales include $2,342,653,000 and $1,913,163,000, respectively, in connection with in-kind purchases and redemptions of the fund’s capital shares.
Year Ended October 31, | |||||
2020 | 2019 | ||||
Amount | Shares | Amount | Shares | ||
($000) | (000) | ($000) | (000) | ||
Investor Shares | |||||
Issued | 1,868 | 67 | 102,973 | 3,495 | |
Issued in Lieu of Cash Distributions | 467 | 17 | 9,826 | 353 | |
Redeemed1 | (5,777) | (208) | (650,657) | (22,514) | |
Net Increase (Decrease)—Investor Shares | (3,442) | (124) | (537,858) | (18,666) | |
ETF Shares | |||||
Issued | 2,474,253 | 44,346 | 151,336 | 2,768 | |
Issued in Lieu of Cash Distributions | — | — | — | — | |
Redeemed | (1,917,848) | (44,400) | (2,565,011) | (49,600) | |
Net Increase (Decrease)—ETF Shares | 556,405 | (54) | (2,413,675) | (46,832) | |
Admiral Shares | |||||
Issued1 | 538,460 | 8,286 | 843,545 | 12,674 | |
Issued in Lieu of Cash Distributions | 79,155 | 1,275 | 123,722 | 1,888 | |
Redeemed | (962,568) | (15,583) | (769,177) | (11,714) | |
Net Increase (Decrease)—Admiral Shares | (344,953) | (6,022) | 198,090 | 2,848 | |
Institutional Shares | |||||
Issued | 102,077 | 3,718 | 151,458 | 5,370 | |
Issued in Lieu of Cash Distributions | 12,382 | 468 | 19,280 | 690 | |
Redeemed | (183,142) | (6,718) | (116,993) | (4,171) | |
Net Increase (Decrease)—Institutional Shares | (68,683) | (2,532) | 53,745 | 1,889 | |
Institutional Plus Shares | |||||
Issued | — | — | — | — | |
Issued in Lieu of Cash Distributions | 1,712 | 14 | 4,127 | 34 | |
Redeemed | (30,000) | (224) | (70,881) | (609) | |
Net Increase (Decrease)—Institutional Plus Shares | (28,288) | (210) | (66,754) | (575) |
1 | In November 2018, the fund announced changes to the availability and minimum investment criteria of the Investor and Admiral share classes. As a result, all of the outstanding Investor Shares automatically converted to Admiral Shares beginning in April 2019, with the exception of those held by Vanguard funds and certain other institutional investors. Investor Shares—Redeemed and Admiral Shares—Issued include 67 and 29 shares, respectively, in the amount of $2,000 from the conversion during the year ended October 31, 2020. Investor Shares—Redeemed and Admiral Shares—Issued include 16,923,000 and 7,267,000 shares, respectively, in the amount of $489,072,000 from the conversion during the year ended October 31, 2019. |
H. Management has determined that no events or transactions occurred subsequent to October 31, 2020, that would require recognition or disclosure in these financial statements.
28 |
Pacific Stock Index Fund
Performance Summary
All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.
Cumulative Performance: October 31, 2010, Through October 31, 2020
Initial Investment of $10,000
Average Annual Total Returns | |||||
Periods Ended October 31, 2020 | |||||
Final Value | |||||
One | Five | Ten | of a $10,000 | ||
Year | Years | Years | Investment | ||
![]() | Pacific Stock Index Fund Investor Shares | 0.52% | 5.66% | 4.96% | $16,225 |
![]() | Spliced Pacific Stock Index | -0.11 | 5.57 | 5.13 | 16,487 |
![]() | FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.75 | 14,452 |
Spliced Pacific Stock Index: MSCI Pacific Index through March 26, 2013; FTSE Developed Asia Pacific Index through September 30, 2015; FTSE Developed Asia Pacific All Cap Index thereafter. Benchmark returns are adjusted for withholding taxes.
Final Value | ||||
One | Five | Ten | of a $10,000 | |
Year | Years | Years | Investment | |
FTSE Pacific | ||||
ETF Shares Net Asset Value | 0.68% | 5.83% | 5.11% | $16,466 |
FTSE Pacific | ||||
ETF Shares Market Price | 1.00 | 5.84 | 5.16 | 17,707 |
Spliced Pacific Stock Index | -0.11 | 5.57 | 5.13 | 16,487 |
FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.75 | 14,452 |
See Financial Highlights for dividend and capital gains information.
29 |
Pacific Stock Index Fund
Average Annual Total Returns | ||||
Periods Ended October 31, 2020 | ||||
Final Value | ||||
One | Five | Ten | of a $10,000 | |
Year | Years | Years | Investment | |
Pacific Stock Index Fund Admiral Shares | 0.66% | 5.81% | 5.11% | $16,458 |
Spliced Pacific Stock Index | -0.11 | 5.57 | 5.13 | 16,487 |
FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.75 | 14,452 |
Final Value | ||||
One | Five | Ten | of a $5,000,000 | |
Year | Years | Years | Investment | |
Pacific Stock Index Fund Institutional Shares | 0.72% | 5.84% | 5.13% | $8,249,264 |
Spliced Pacific Stock Index | -0.11 | 5.57 | 5.13 | 8,243,638 |
FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.75 | 7,226,072 |
Cumulative Returns of ETF Shares: October 31, 2010, Through October 31, 2020
One | Five | Ten | |
Year | Years | Years | |
FTSE Pacific ETF Shares Market Price | 1.00% | 32.81% | 65.42% |
FTSE Pacific ETF Shares Net Asset Value | 0.68 | 32.76 | 64.66 |
Spliced Pacific Stock Index | -0.11 | 31.10 | 64.87 |
For the ETF Shares, the market price is determined by the midpoint of the bid-offer spread as of the closing time of the New York Stock Exchange (generally 4 p.m., Eastern time). The net asset value is also determined as of the NYSE closing time. For more information about how the ETF Shares’ market prices have compared with their net asset value, visit vanguard.com, select your ETF, and then select the Price and Performance tab. The ETF premium/discount analysis there shows the percentages of days on which the ETF Shares’ market price was above or below the NAV.
30 |
Pacific Stock Index Fund
Fund Allocation
As of October 31, 2020
Basic Materials | 7.2% |
Consumer Discretionary | 18.1 |
Consumer Staples | 6.1 |
Energy | 1.1 |
Financials | 14.8 |
Health Care | 9.5 |
Industrials | 18.4 |
Real Estate | 5.0 |
Technology | 13.3 |
Telecommunications | 4.4 |
Utilities | 2.1 |
The table reflects the fund’s investments, except for short-term investments and derivatives. Sector categories are based on the Industry Classification Benchmark (“ICB”), except for the “Other” category (if applicable), which includes securities that have not been provided an ICB classification as of the effective reporting period.
The fund may invest in derivatives (such as futures and swap contracts) for various reasons, including, but not limited to, attempting to remain fully invested and tracking its target index as closely as possible.
The Industry Classification Benchmark (“ICB”) is owned by FTSE. FTSE does not accept any liability to any person for any loss or damage arising out of any error or omission in the ICB.
31 |
Pacific Stock Index Fund
Financial Statements
Schedule of Investments—Investments Summary
As of October 31, 2020
This Statement summarizes the fund’s holdings by asset type. Details are reported for each of the fund’s 50 largest individual holdings and for investments that, in total for any issuer, represent more than 1% of the fund’s net assets. The total value of smaller holdings is reported as a single amount within each category.
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) four times in each fiscal year. For the second and fourth quarters the complete list of the fund’s holdings is available on vanguard.com and on Form N-CSR, or you can have it mailed to you without charge by calling 800-662-7447. For the first and third quarters of each fiscal year, the complete list of the fund’s holdings is available as an exhibit to its reports on Form N-PORT. The fund’s Form N-CSR and Form N-PORT reports are available on the SEC’s website at www.sec.gov.
Market | Percentage | |||
Value• | of Net | |||
Shares | ($000) | Assets | ||
Common Stocks | ||||
Australia | ||||
CSL Ltd. | 408,161 | 82,636 | 1.3% | |
Commonwealth Bank of Australia | 1,595,433 | 77,461 | 1.2% | |
BHP Group Ltd. | 2,651,388 | 63,558 | 1.0% | |
Westpac Banking Corp. | 3,248,466 | 41,116 | 0.7% | |
National Australia Bank Ltd. (XASX) | 2,958,620 | 38,708 | 0.6% | |
Australia & New Zealand Banking Group Ltd. | 2,555,996 | 33,920 | 0.5% | |
Wesfarmers Ltd. | 1,017,930 | 32,950 | 0.5% | |
Woolworths Group Ltd. | 1,138,214 | 30,618 | 0.5% | |
Macquarie Group Ltd. | 294,754 | 26,280 | 0.4% | |
Transurban Group | 2,465,540 | 23,348 | 0.4% | |
§,1 | Australia—Other † | 567,970 | 9.0% | |
1,018,565 | 16.1% | |||
§,1 China † | 1,047 | 0.0% | ||
Hong Kong | ||||
AIA Group Ltd. | 10,892,912 | 103,670 | 1.6% | |
Hong Kong Exchanges & Clearing Ltd. | 1,140,064 | 54,630 | 0.9% | |
§,1 | Hong Kong—Other † | 310,680 | 4.9% | |
468,980 | 7.4% | |||
Japan | ||||
Toyota Motor Corp. | 2,213,625 | 145,318 | 2.3% | |
Sony Corp. | 1,097,339 | 91,481 | 1.4% | |
SoftBank Group Corp. | 1,325,470 | 86,333 | 1.4% | |
Keyence Corp. | 161,466 | 73,277 | 1.2% | |
Nintendo Co. Ltd. | 95,895 | 51,849 | 0.8% | |
Shin-Etsu Chemical Co. Ltd. | 357,850 | 47,797 | 0.7% | |
Daiichi Sankyo Co. Ltd. | 1,714,347 | 45,248 | 0.7% | |
Daikin Industries Ltd. | 237,473 | 44,439 | 0.7% |
32 |
Pacific Stock Index Fund
Market | Percentage | |||
Value• | of Net | |||
Shares | ($000) | Assets | ||
Mitsubishi UFJ Financial Group Inc. | 11,103,572 | 43,769 | 0.7% | |
Recruit Holdings Co. Ltd. | 1,132,512 | 43,093 | 0.7% | |
Takeda Pharmaceutical Co. Ltd. | 1,365,224 | 42,189 | 0.7% | |
Nidec Corp. | 417,466 | 42,165 | 0.7% | |
KDDI Corp. | 1,528,666 | 41,358 | 0.6% | |
NTT DOCOMO Inc. | 1,018,929 | 37,940 | 0.6% | |
Hoya Corp. | 326,446 | 36,842 | 0.6% | |
FANUC Corp. | 172,868 | 36,514 | 0.6% | |
Honda Motor Co. Ltd. | 1,539,586 | 36,416 | 0.6% | |
Tokyo Electron Ltd. | 132,884 | 35,668 | 0.6% | |
Murata Manufacturing Co. Ltd. | 506,179 | 35,498 | 0.6% | |
Sumitomo Mitsui Financial Group Inc. | 1,170,388 | 32,399 | 0.5% | |
Fast Retailing Co. Ltd. | 45,980 | 32,073 | 0.5% | |
Kao Corp. | 418,125 | 29,770 | 0.5% | |
ITOCHU Corp. | 1,223,892 | 29,396 | 0.5% | |
SoftBank Corp. | 2,485,167 | 28,921 | 0.4% | |
Mizuho Financial Group Inc. | 2,293,237 | 28,234 | 0.4% | |
Hitachi Ltd. | 833,328 | 28,087 | 0.4% | |
SMC Corp. | 51,629 | 27,462 | 0.4% | |
Tokio Marine Holdings Inc. | 578,524 | 25,857 | 0.4% | |
M3 Inc. | 379,588 | 25,636 | 0.4% | |
Mitsubishi Corp. | 1,084,621 | 24,199 | 0.4% | |
Oriental Land Co. Ltd. | 168,790 | 23,627 | 0.4% | |
Nippon Telegraph & Telephone Corp. | 1,102,086 | 23,183 | 0.4% | |
Astellas Pharma Inc. | 1,675,701 | 22,979 | 0.4% | |
NTT Data Corp. | 570,557 | 6,439 | 0.1% | |
Hino Motors Ltd. | 241,256 | 1,848 | 0.0% | |
Japan—Other † | 2,344,787 | 37.1% | ||
3,752,091 | 59.4% | |||
New Zealand † | 63,089 | 1.0% | ||
Singapore | ||||
DBS Group Holdings Ltd. | 1,608,613 | 23,962 | 0.4% | |
§ | Singapore—Other † | 137,326 | 2.2% | |
161,288 | 2.6% | |||
South Korea | ||||
Samsung Electronics Co. Ltd. | 4,236,102 | 212,930 | 3.4% | |
SK Hynix Inc. | 464,928 | 32,983 | 0.5% | |
Samsung Electronics Co. Ltd. Preference Shares | 733,650 | 32,636 | 0.5% | |
NAVER Corp. | 118,937 | 30,433 | 0.5% | |
§,1 | South Korea—Other † | 496,855 | 7.9% | |
805,837 | 12.8% | |||
Total Common Stocks (Cost $6,851,009) | 6,270,897 | 99.3% |
33 |
Pacific Stock Index Fund
Market | Percentage | |||
Value• | of Net | |||
Coupon | Shares | ($000) | Assets | |
Temporary Cash Investments | ||||
Money Market Fund | ||||
2,3 Vanguard Market Liquidity Fund | 0.112% | 432,515 | 43,251 | 0.7% |
4U.S. Government and Agency Obligations † | 2,000 | 0.0% | ||
Total Temporary Cash Investments (Cost $45,251) | 45,251 | 0.7% | ||
5Total Investments (Cost $6,896,260) | 6,316,148 | 100.0% | ||
Other Assets and Liabilities—Net | 2,606 | 0.0% | ||
Net Assets | 6,318,754 | 100.0% |
Cost is in $000.
• | See Note A in Notes to Financial Statements. |
§ | Certain of the fund’s securities are valued using significant unobservable inputs. |
† | Represents the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer, represent 1% or less of net assets. |
1 | Certain securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At October 31, 2020, the aggregate value of these securities was $30,733,000, representing 0.5% of net assets. |
2 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
3 | Collateral of $38,080,000 was received for securities on loan. |
4 | Securities with a value of $2,000,000 have been segregated as initial margin for open futures contracts. |
5 | The total value of securities on loan is $33,618,000. |
Derivative Financial Instruments Outstanding as of Period End | ||||
Futures Contracts | ||||
($000) | ||||
Value and | ||||
Number of | Unrealized | |||
Long (Short) | Notional | Appreciation | ||
Expiration | Contracts | Amount | (Depreciation) | |
Long Futures Contracts | ||||
KOSPI 200 Index | December 2020 | 110 | 7,314 | (235) |
S&P ASX 200 Index | December 2020 | 96 | 9,936 | (48) |
Topix Index | December 2020 | 212 | 31,852 | (1,036) |
(1,319) |
34 |
Pacific Stock Index Fund
Forward Currency Contracts | |||||||
Contract | Unrealized | Unrealized | |||||
Settlement | Contract Amount (000) | Appreciation | (Depreciation) | ||||
Counterparty | Date | Receive | Deliver | ($000) | ($000) | ||
HSBC Bank USA, N.A. | 1/14/21 | AUD | 7,118 | USD | 5,137 | — | (131) |
Morgan Stanley Capital Services LLC | 1/14/21 | JPY | 868,893 | USD | 8,322 | — | (13) |
BNP Paribas | 1/14/21 | USD | 8,241 | JPY | 868,893 | — | (68) |
— | (212) |
AUD—Australian dollar.
JPY—Japanese yen.
USD—U.S. dollar.
See accompanying Notes, which are an integral part of the Financial Statements.
35 |
Pacific Stock Index Fund
Statement of Assets and Liabilities
As of October 31, 2020
($000s, except shares and per-share amounts) | Amount |
Assets | |
Investments in Securities, at Value | |
Unaffiliated Issuers (Cost $6,853,009) | 6,272,897 |
Affiliated Issuers (Cost $43,251) | 43,251 |
Total Investments in Securities | 6,316,148 |
Investment in Vanguard | 270 |
Foreign Currency, at Value (Cost $6,759) | 6,828 |
Cash Collateral Pledged—Futures Contracts | 1,256 |
Receivables for Investment Securities Sold | 24 |
Receivables for Accrued Income | 31,593 |
Receivables for Capital Shares Issued | 1,199 |
Other Assets | 2,555 |
Total Assets | 6,359,873 |
Liabilities | |
Due to Custodian | 2,071 |
Payables for Investment Securities Purchased | 33 |
Collateral for Securities on Loan | 38,080 |
Payables for Capital Shares Redeemed | 444 |
Payables to Vanguard | 279 |
Unrealized Depreciation—Forward Currency Contracts | 212 |
Total Liabilities | 41,119 |
Net Assets | 6,318,754 |
36 |
Pacific Stock Index Fund
Statement of Assets and Liabilities (continued)
At October 31, 2020, net assets consisted of:
($000s, except shares and per-share amounts) | Amount |
Paid-in Capital | 7,044,965 |
Total Distributable Earnings (Loss) | (726,211) |
Net Assets | 6,318,754 |
Investor Shares—Net Assets | |
Applicable to 764,980 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 9,782 |
Net Asset Value Per Share—Investor Shares | $12.79 |
ETF Shares—Net Assets | |
Applicable to 54,092,581 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 3,630,137 |
Net Asset Value Per Share—ETF Shares | $67.11 |
Admiral Shares—Net Assets | |
Applicable to 27,456,618 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 2,278,815 |
Net Asset Value Per Share—Admiral Shares | $83.00 |
Institutional Shares—Net Assets | |
Applicable to 31,502,264 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 400,020 |
Net Asset Value Per Share—Institutional Shares | $12.70 |
See accompanying Notes, which are an integral part of the Financial Statements.
37 |
Pacific Stock Index Fund
Statement of Operations
Year Ended | |
October 31, 2020 | |
($000) | |
Investment Income | |
Income | |
Dividends1 | 153,612 |
Interest2 | 98 |
Securities Lending—Net | 3,164 |
Total Income | 156,874 |
Expenses | |
The Vanguard Group—Note B | |
Investment Advisory Services | 940 |
Management and Administrative—Investor Shares | 3 |
Management and Administrative—ETF Shares | 1,401 |
Management and Administrative—Admiral Shares | 1,628 |
Management and Administrative—Institutional Shares | 200 |
Marketing and Distribution—Investor Shares | 1 |
Marketing and Distribution—ETF Shares | 120 |
Marketing and Distribution—Admiral Shares | 105 |
Marketing and Distribution—Institutional Shares | 12 |
Custodian Fees | 593 |
Auditing Fees | 49 |
Shareholders’ Reports—Investor Shares | 6 |
Shareholders’ Reports—ETF Shares | 497 |
Shareholders’ Reports—Admiral Shares | 35 |
Shareholders’ Reports—Institutional Shares | 30 |
Trustees’ Fees and Expenses | 5 |
Total Expenses | 5,625 |
Expenses Paid Indirectly | (125) |
Net Expenses | 5,500 |
Net Investment Income | 151,374 |
Realized Net Gain (Loss) | |
Investment Securities Sold2,3 | (113,214) |
Futures Contracts | 5,369 |
Forward Currency Contracts | 551 |
Foreign Currencies | (1,028) |
Realized Net Gain (Loss) | (108,322) |
38 |
Pacific Stock Index Fund
Statement of Operations (continued) | |
Year Ended | |
October 31, 2020 | |
($000) | |
Change in Unrealized Appreciation (Depreciation) | |
Investment Securities2 | (54,994) |
Futures Contracts | (3,094) |
Forward Currency Contracts | (324) |
Foreign Currencies | 255 |
Change in Unrealized Appreciation (Depreciation) | (58,157) |
Net Increase (Decrease) in Net Assets Resulting from Operations | (15,105) |
1 | Dividends are net of foreign withholding taxes of $12,039,000. |
2 | Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund were $73,000, ($3,000), and $8,000, respectively. Purchases and sales are for temporary cash investment purposes. |
3 | Includes $39,092,000 of net gain (loss) resulting from in-kind redemptions. |
See accompanying Notes, which are an integral part of the Financial Statements.
39 |
Pacific Stock Index Fund
Statement of Changes in Net Assets
Year Ended October 31, | ||
2020 | 2019 | |
($000) | ($000) | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net Investment Income | 151,374 | 188,529 |
Realized Net Gain (Loss) | (108,322) | 66,648 |
Change in Unrealized Appreciation (Depreciation) | (58,157) | 342,615 |
Net Increase (Decrease) in Net Assets Resulting from Operations | (15,105) | 597,792 |
Distributions1 | ||
Investor Shares | (244) | (4,688) |
ETF Shares | (89,477) | (112,354) |
Admiral Shares | (57,428) | (64,861) |
Institutional Shares | (10,826) | (13,355) |
Total Distributions | (157,975) | (195,258) |
Capital Share Transactions | ||
Investor Shares | (1,158) | (219,358) |
ETF Shares | 14,284 | (440,973) |
Admiral Shares | (145,559) | 146,193 |
Institutional Shares | (96,202) | 34,023 |
Net Increase (Decrease) from Capital Share Transactions | (228,635) | (480,115) |
Total Increase (Decrease) | (401,715) | (77,581) |
Net Assets | ||
Beginning of Period | 6,720,469 | 6,798,050 |
End of Period | 6,318,754 | 6,720,469 |
1 Certain prior-period numbers have been reclassified to conform with the current-period presentation.
See accompanying Notes, which are an integral part of the Financial Statements.
40 |
Pacific Stock Index Fund
Financial Highlights
Investor Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $13.01 | $12.24 | $13.56 | $11.42 | $10.99 |
Investment Operations | |||||
Net Investment Income | .2831 | .3091 | .3471 | .2951 | .257 |
Net Realized and Unrealized Gain (Loss) on Investments | (.209) | .801 | (1.336) | 2.141 | .426 |
Total from Investment Operations | .074 | 1.110 | (.989) | 2.436 | .683 |
Distributions | |||||
Dividends from Net Investment Income | (.294) | (.340) | (.331) | (.296) | (.253) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (.294) | (.340) | (.331) | (.296) | (.253) |
Net Asset Value, End of Period | $12.79 | $13.01 | $12.24 | $13.56 | $11.42 |
Total Return2 | 0.52% | 9.39% | -7.53% | 21.71% | 6.40% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $10 | $11 | $225 | $296 | $281 |
Ratio of Total Expenses to Average Net Assets | 0.23% | 0.23% | 0.23% | 0.26% | 0.26% |
Ratio of Net Investment Income to Average Net Assets | 2.28% | 2.50% | 2.51% | 2.44% | 2.39% |
Portfolio Turnover Rate3 | 4% | 4% | 4% | 3% | 4% |
1 | Calculated based on average shares outstanding. |
2 | Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees. |
3 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
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Pacific Stock Index Fund
Financial Highlights
FTSE Pacific ETF Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $68.25 | $64.24 | $71.13 | $59.92 | $57.65 |
Investment Operations | |||||
Net Investment Income | 1.5771 | 1.8231 | 1.8951 | 1.6771 | 1.440 |
Net Realized and Unrealized Gain (Loss) on Investments | (1.091) | 4.071 | (6.940) | 11.195 | 2.240 |
Total from Investment Operations | .486 | 5.894 | (5.045) | 12.872 | 3.680 |
Distributions | |||||
Dividends from Net Investment Income | (1.626) | (1.884) | (1.845) | (1.662) | (1.410) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (1.626) | (1.884) | (1.845) | (1.662) | (1.410) |
Net Asset Value, End of Period | $67.11 | $68.25 | $64.24 | $71.13 | $59.92 |
Total Return | 0.68% | 9.53% | -7.34% | 21.89% | 6.59% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $3,630 | $3,708 | $3,927 | $5,015 | $3,217 |
Ratio of Total Expenses to Average Net Assets | 0.08% | 0.08% | 0.09% | 0.10% | 0.10% |
Ratio of Net Investment Income to Average Net Assets | 2.42% | 2.80% | 2.65% | 2.60% | 2.55% |
Portfolio Turnover Rate2 | 4% | 4% | 4% | 3% | 4% |
1 | Calculated based on average shares outstanding. |
2 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
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Pacific Stock Index Fund
Financial Highlights
Admiral Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $84.41 | $79.43 | $87.97 | $74.10 | $71.30 |
Investment Operations | |||||
Net Investment Income | 1.9381 | 2.2511 | 2.3601 | 2.0491 | 1.781 |
Net Realized and Unrealized Gain (Loss) on Investments | (1.354) | 5.031 | (8.618) | 13.876 | 2.763 |
Total from Investment Operations | .584 | 7.282 | (6.258) | 15.925 | 4.544 |
Distributions | |||||
Dividends from Net Investment Income | (1.994) | (2.302) | (2.282) | (2.055) | (1.744) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (1.994) | (2.302) | (2.282) | (2.055) | (1.744) |
Net Asset Value, End of Period | $83.00 | $84.41 | $79.43 | $87.97 | $74.10 |
Total Return2 | 0.66% | 9.50% | -7.36% | 21.90% | 6.57% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $2,279 | $2,493 | $2,202 | $2,388 | $1,983 |
Ratio of Total Expenses to Average Net Assets | 0.10% | 0.10% | 0.10% | 0.10% | 0.10% |
Ratio of Net Investment Income to Average Net Assets | 2.40% | 2.80% | 2.64% | 2.60% | 2.55% |
Portfolio Turnover Rate3 | 4% | 4% | 4% | 3% | 4% |
1 | Calculated based on average shares outstanding. |
2 | Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees. |
3 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund's capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
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Pacific Stock Index Fund
Financial Highlights
Institutional Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $12.91 | $12.15 | $13.46 | $11.34 | $10.91 |
Investment Operations | |||||
Net Investment Income | .2961 | .3461 | .3641 | .3201 | .275 |
Net Realized and Unrealized Gain (Loss) on Investments | (.199) | .770 | (1.323) | 2.118 | .424 |
Total from Investment Operations | .097 | 1.116 | (.959) | 2.438 | .699 |
Distributions | |||||
Dividends from Net Investment Income | (.307) | (.356) | (.351) | (.318) | (.269) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (.307) | (.356) | (.351) | (.318) | (.269) |
Net Asset Value, End of Period | $12.70 | $12.91 | $12.15 | $13.46 | $11.34 |
Total Return | 0.72% | 9.51% | -7.37% | 21.91% | 6.61% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $400 | $508 | $443 | $408 | $291 |
Ratio of Total Expenses to Average Net Assets | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% |
Ratio of Net Investment Income to Average Net Assets | 2.40% | 2.81% | 2.66% | 2.62% | 2.57% |
Portfolio Turnover Rate2 | 4% | 4% | 4% | 3% | 4% |
1 | Calculated based on average shares outstanding. |
2 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
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Pacific Stock Index Fund
Notes to Financial Statements
Vanguard Pacific Stock Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund offers four classes of shares: Investor Shares, ETF Shares, Admiral Shares, and Institutional Shares. Each of the share classes has different eligibility and minimum purchase requirements, and is designed for different types of investors. ETF Shares, known as Vanguard FTSE Pacific ETF Shares, are listed for trading on NYSE Arca; they can be purchased and sold through a broker.
The fund invests in securities of foreign issuers, which may subject it to investment risks not normally associated with investing in securities of U.S. corporations. Further, at October 31, 2020, the fund had a concentration of its investments in securities issued in Japan, and the performance of such investments may be impacted by the country’s social, political, and economic conditions. Market disruptions associated with the COVID-19 pandemic have had a global impact, and uncertainty exists as to the long-term implications. Such disruptions can adversely affect assets of the fund and thus fund performance.
A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.
1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued at their fair values calculated according to procedures adopted by the board of trustees. These procedures include obtaining quotations from an independent pricing service, monitoring news to identify significant market- or security-specific events, and evaluating changes in the values of foreign market proxies (for example, ADRs, futures contracts, or exchange-traded funds), between the time the foreign markets close and the fund’s pricing time. When fair-value pricing is employed, the prices of securities used by a fund to calculate its net asset value may differ from quoted or published prices for the same securities. Investments in Vanguard Market Liquidity Fund are valued at that fund’s net asset value. Temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services.
2. Foreign Currency: Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using exchange rates obtained from an independent third party as of the fund’s pricing time on the valuation date. Realized gains (losses) and unrealized appreciation (depreciation) on investment securities include the effects of changes in exchange rates since the securities were purchased, combined with the effects of changes in security prices. Fluctuations in the value of other assets and liabilities resulting from changes in exchange rates are recorded as unrealized foreign currency gains (losses) until the assets or liabilities are settled in cash, at which time they are recorded as realized foreign currency gains (losses).
3. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures contracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the underlying index while maintaining a cash balance for liquidity. The primary risks associated with
45 |
Pacific Stock Index Fund
the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. The notional amounts of the contracts are not recorded in the Statement of Assets and Liabilities. Fluctuations in the value of the contracts are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized gains (losses) on futures contracts.
During the year ended October 31, 2020, the fund’s average investments in long and short futures contracts represented less than 1% and 0% of net assets, respectively, based on the average of the notional amounts at each quarter-end during the period.
4. Forward Currency Contracts: The fund enters into forward currency contracts to provide the appropriate currency exposure related to any open futures contracts. The fund’s risks in using these contracts include movement in the values of the foreign currencies relative to the U.S. dollar and the ability of the counterparties to fulfill their obligations under the contracts. The fund mitigates its counterparty risk by entering into forward currency contracts only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. The master netting arrangements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate the forward currency contracts, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The forward currency contracts contain provisions whereby a counterparty may terminate open contracts if the fund’s net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the forward currency contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.
Forward currency contracts are valued at their quoted daily prices obtained from an independent third party, adjusted for currency risk based on the expiration date of each contract. The notional amounts of the contracts are not recorded in the Statement of Assets and Liabilities. Fluctuations in the value of the contracts are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized gains (losses) on forward currency contracts.
The fund’s average investment in forward currency contracts represented less than 1% of net assets, based on the average of the notional amounts at each quarter-end during the period.
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Pacific Stock Index Fund
5. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. The fund’s tax returns are open to examination by the relevant tax authorities until expiration of the applicable statute of limitations, which is generally three years after the filing of the tax return. Management has analyzed the fund’s tax positions taken for all open federal and state income tax years, and has concluded that no provision for income tax is required in the fund’s financial statements.
6. Distributions: Distributions to shareholders are recorded on the ex-dividend date. Distributions are determined on a tax basis at the fiscal year-end and may differ from net investment income and realized capital gains for financial reporting purposes.
7. Securities Lending: To earn additional income, the fund lends its securities to qualified institutional borrowers. Security loans are subject to termination by the fund at any time, and are required to be secured at all times by collateral in an amount at least equal to the market value of securities loaned. Daily market fluctuations could cause the value of loaned securities to be more or less than the value of the collateral received. When this occurs, the collateral is adjusted and settled before the opening of the market on the next business day. The fund further mitigates its counterparty risk by entering into securities lending transactions only with a diverse group of prequalified counterparties, monitoring their financial strength, and entering into master securities lending agreements with its counterparties. The master securities lending agreements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate any loans with that borrower, determine the net amount owed, and sell or retain the collateral up to the net amount owed to the fund; however, such actions may be subject to legal proceedings. While collateral mitigates counterparty risk, in the event of a default, the fund may experience delays and costs in recovering the securities loaned. The fund invests cash collateral received in Vanguard Market Liquidity Fund, and records a liability in the Statement of Assets and Liabilities for the return of the collateral, during the period the securities are on loan. Collateral investments in Vanguard Market Liquidity Fund are subject to market appreciation or depreciation. Securities lending income represents fees charged to borrowers plus income earned on invested cash collateral, less expenses associated with the loan. During the term of the loan, the fund is entitled to all distributions made on or in respect of the loaned securities.
8. Credit Facilities and Interfund Lending Program: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $4.3 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement and an uncommitted credit facility provided by Vanguard. Both facilities may be renewed annually. Each fund is individually liable for its borrowings, if any, under the credit facilities. Borrowings may be utilized for temporary or emergency purposes, subject to the fund’s regulatory and contractual borrowing restrictions. With respect to the committed credit facility, the participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn committed amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under either facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate (or an acceptable alternate rate, if necessary), federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread, except that borrowings under the uncommitted credit facility may bear interest based upon an alternative rate agreed to by the fund and Vanguard.
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Pacific Stock Index Fund
In accordance with an exemptive order (the “Order”) from the SEC, the fund may participate in a joint lending and borrowing program that allows registered open-end Vanguard funds to borrow money from and lend money to each other for temporary or emergency purposes (the “Interfund Lending Program”), subject to compliance with the terms and conditions of the Order, and to the extent permitted by the fund’s investment objective and investment policies. Interfund loans and borrowings normally extend overnight, but can have a maximum duration of seven days. Loans may be called on one business day’s notice. The interest rate to be charged is governed by the conditions of the Order and internal procedures adopted by the board of trustees. The board of trustees is responsible for overseeing the Interfund Lending Program.
For the year ended October 31, 2020, the fund did not utilize the credit facilities or the Interfund Lending Program.
9. Other: Dividend income is recorded on the ex-dividend date. Interest income includes income distributions received from Vanguard Market Liquidity Fund and is accrued daily. Premiums and discounts on debt securities are amortized and accreted, respectively, to interest income over the lives of the respective securities, except for premiums on certain callable debt securities that are amortized to the earliest call date. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.
Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.
B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees and are generally settled twice a month.
Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At October 31, 2020, the fund had contributed to Vanguard capital in the amount of $270,000, representing less than 0.01% of the fund’s net assets and 0.11% of Vanguard’s capital received pursuant to the FSA. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.
C. The fund’s custodian bank has agreed to reduce its fees when the fund maintains cash on deposit in the non-interest-bearing custody account. For the year ended October 31, 2020, custodian fee offset arrangements reduced the fund’s expenses by $125,000 (an annual rate of less than 0.01% of average net assets).
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Pacific Stock Index Fund
D. Various inputs may be used to determine the value of the fund’s investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.
The following table summarizes the market value of the fund’s investments and derivatives as of October 31, 2020, based on the inputs used to value them:
Level 1 | Level 2 | Level 3 | Total | |
($000) | ($000) | ($000) | ($000) | |
Investments | ||||
Assets | ||||
Common Stocks | 1 | 6,268,647 | 2,249 | 6,270,897 |
Temporary Cash Investments | 43,251 | 2,000 | — | 45,251 |
Total | 43,252 | 6,270,647 | 2,249 | 6,316,148 |
Derivative Financial Instruments | ||||
Liabilities | ||||
Forward Currency Contracts | — | 212 | — | 212 |
E. At October 31, 2020, the fair values of derivatives were reflected in the Statement of Assets and Liabilities as follows:
Foreign | |||
Equity | Exchange | ||
Contracts | Contracts | Total | |
Statement of Assets and Liabilities Caption | ($000) | ($000) | ($000) |
Unrealized Depreciation—Forward Currency Contracts | — | 212 | 212 |
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Pacific Stock Index Fund
Realized net gain (loss) and the change in unrealized appreciation (depreciation) on derivatives for the year ended October 31, 2020, were:
Foreign | |||
Equity | Exchange | ||
Contracts | Contracts | Total | |
Realized Net Gain (Loss) on Derivatives | ($000) | ($000) | ($000) |
Futures Contracts | 5,369 | — | 5,369 |
Forward Currency Contracts | — | 551 | 551 |
Realized Net Gain (Loss) on Derivatives | 5,369 | 551 | 5,920 |
Change in Unrealized Appreciation (Depreciation) on Derivatives | |||
Futures Contracts | (3,094) | — | (3,094) |
Forward Currency Contracts | — | (324) | (324) |
Change in Unrealized Appreciation (Depreciation) on Derivatives | (3,094) | (324) | (3,418) |
F. Permanent differences between book-basis and tax-basis components of net assets are reclassified among capital accounts in the financial statements to reflect their tax character. These reclassifications have no effect on net assets or net asset value per share. As of period end, permanent differences primarily attributable to the accounting for in-kind redemptions, foreign currency transactions, and passive foreign investment companies were reclassified between the following accounts:
Amount | |
($000) | |
Paid-in Capital | 36,784 |
Total Distributable Earnings (Loss) | (36,784) |
Temporary differences between book-basis and tax-basis components of total distributable earnings (loss) arise when certain items of income, gain, or loss are recognized in different periods for financial statement and tax purposes; these differences will reverse at some time in the future. The differences are primarily related to the deferral of losses from wash sales; the recognition of unrealized gains or losses from certain derivative contracts; the recognition of unrealized gains from passive foreign investment companies; and the classification of securities for tax purposes. As of period end, the tax-basis components of total distributable earnings (loss) are detailed in the table as follows:
Amount | |
($000) | |
Undistributed Ordinary Income | 62,551 |
Undistributed Long-term Gains | — |
Capital Loss Carryforwards | (180,102) |
Qualified Late-Year Losses | — |
Net Unrealized Gains (Losses) | (608,660) |
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Pacific Stock Index Fund
The tax character of distributions paid was as follows:
Year Ended October 31, | ||
2020 | 2019 | |
Amount | Amount | |
($000) | ($000) | |
Ordinary Income * | 157,975 | 195,258 |
Long-Term Capital Gains | — | — |
Total | 157,975 | 195,258 |
* Includes short-term capital gains, if any.
As of October 31, 2020, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:
Amount | |
($000) | |
Tax Cost | 6,923,869 |
Gross Unrealized Appreciation | 1,479,505 |
Gross Unrealized Depreciation | (2,088,539) |
Net Unrealized Appreciation (Depreciation) | (609,034) |
G. During the year ended October 31, 2020, the fund purchased $457,189,000 of investment securities and sold $691,306,000 of investment securities, other than temporary cash investments. Purchases and sales include $235,377,000 and $298,545,000, respectively, in connection with in-kind purchases and redemptions of the fund’s capital shares.
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Pacific Stock Index Fund
H. | Capital share transactions for each class of shares were: |
Year Ended October 31, | |||||
2020 | 2019 | ||||
Amount | Shares | Amount | Shares | ||
($000) | (000) | ($000) | (000) | ||
Investor Shares | |||||
Issued | 1,916 | 152 | 43,420 | 3,438 | |
Issued in Lieu of Cash Distributions | 244 | 19 | 4,307 | 372 | |
Redeemed1 | (3,318) | (265) | (267,085) | (21,347) | |
Net Increase (Decrease)—Investor Shares | (1,158) | (94) | (219,358) | (17,537) | |
ETF Shares | |||||
Issued | 352,731 | 5,463 | 98,576 | 1,493 | |
Issued in Lieu of Cash Distributions | — | — | — | — | |
Redeemed | (338,447) | (5,700) | (539,549) | (8,300) | |
Net Increase (Decrease)—ETF Shares | 14,284 | (237) | (440,973) | (6,807) | |
Admiral Shares | |||||
Issued1 | 269,792 | 3,400 | 429,129 | 5,326 | |
Issued in Lieu of Cash Distributions | 46,110 | 544 | 52,040 | 680 | |
Redeemed | (461,461) | (6,021) | (334,976) | (4,198) | |
Net Increase (Decrease)—Admiral Shares | (145,559) | (2,077) | 146,193 | 1,808 | |
Institutional Shares | |||||
Issued | 43,105 | 3,713 | 90,651 | 7,402 | |
Issued in Lieu of Cash Distributions | 7,616 | 588 | 9,282 | 792 | |
Redeemed | (146,923) | (12,139) | (65,910) | (5,326) | |
Net Increase (Decrease)—Institutional Shares | (96,202) | (7,838) | 34,023 | 2,868 |
1 | In November 2018, the fund announced changes to the availability and minimum investment criteria of the Investor and Admiral share classes. As a result, all of the outstanding Investor Shares automatically converted to Admiral Shares beginning in April 2019, with the exception of those held by Vanguard funds and certain other institutional investors. Investor Shares—Redeemed and Admiral Shares—Issued include 151 and 23 shares, respectively, in the amount of $2,000 from the conversion during the year ended October 31, 2020. Investor Shares—Redeemed and Admiral Shares—Issued include 15,992,000 and 2,464,000 shares, respectively, in the amount of $199,625,000 from the conversion during the year ended October 31, 2019. |
I. Management has determined that no events or transactions occurred subsequent to October 31, 2020, that would require recognition or disclosure in these financial statements.
52
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of Vanguard International Equity Index Funds and Shareholders of Vanguard European Stock Index Fund and Vanguard Pacific Stock Index Fund
Opinions on the Financial Statements
We have audited the accompanying statements of assets and liabilities, including the schedules of investments-investments summary, of Vanguard European Stock Index Fund and Vanguard Pacific Stock Index Fund (two of the funds constituting Vanguard International Equity Index Funds, hereafter collectively referred to as the “Funds”) as of October 31, 2020, the related statements of operations for the year ended October 31, 2020, the statements of changes in net assets for each of the two years in the period ended October 31, 2020, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2020 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds as of October 31, 2020, the results of each of their operations for the year then ended, the changes in each of their net assets for each of the two years in the period ended October 31, 2020 and the financial highlights for each of the five years in the period ended October 31, 2020 in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinions
These financial statements are the responsibility of the Funds’ management. Our responsibility is to express an opinion on the Funds’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of October 31, 2020 by correspondence with the custodian and brokers and by agreement to the underlying ownership records of the transfer agent; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions.
/s/PricewaterhouseCoopers LLP
Philadelphia, Pennsylvania
December 17, 2020
We have served as the auditor of one or more investment companies in The Vanguard Group of Funds since 1975.
53
Special 2020 tax information (unaudited) for Vanguard European Stock Index Fund
This information for the fiscal year ended October 31, 2020, is included pursuant to provisions of the Internal Revenue Code.
The fund distributed $346,630,000 of qualified dividend income to shareholders during the fiscal year.
The fund designates to shareholders foreign source income of $463,932,000 and foreign taxes paid of $31,221,000. Shareholders will receive more detailed information with their Form 1099-DIV in January 2021 to determine the calendar-year amounts to be included on their 2020 tax returns.
Special 2020 tax information (unaudited) for Vanguard Pacific Stock Index Fund
This information for the fiscal year ended October 31, 2020, is included pursuant to provisions of the Internal Revenue Code.
The fund distributed $117,630,000 of qualified dividend income to shareholders during the fiscal year.
The fund designates to shareholders foreign source income of $165,720,000 and foreign taxes paid of $12,332,000. Shareholders will receive more detailed information with their Form 1099-DIV in January 2021 to determine the calendar-year amounts to be included on their 2020 tax returns.
54
London Stock Exchange Group companies include FTSE International Limited (“FTSE”), Frank Russell Company (“Russell”), MTS Next Limited (“MTS”), and FTSE TMX Global Debt Capital Markets Inc. (“FTSE TMX”). All rights reserved. “FTSE®”, “Russell®”, “MTS®”, “FTSE TMX®” and “FTSE Russell” and other service marks and trademarks related to the FTSE or Russell indexes are trademarks of the London Stock Exchange Group companies and are used by FTSE, MTS, FTSE TMX and Russell under license. All information is provided for information purposes only. Every effort is made to ensure that all information given in this publication is accurate, but no responsibility or liability can be accepted by the London Stock Exchange Group companies nor its licensors for any errors or for any loss from use of this publication. Neither the London Stock Exchange Group companies nor any of their licensors make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the Indices or the fitness or suitability of the Indices for any particular purpose to which they might be put. The London Stock Exchange Group companies do not provide investment advice and nothing in this document should be taken as constituting financial or investment advice. The London Stock Exchange Group companies make no representation regarding the advisability of investing in any asset. A decision to invest in any such asset should not be made in reliance on any information herein. Indexes cannot be invested in directly. Inclusion of an asset in an index is not a recommendation to buy, sell or hold that asset. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. No part of this information may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission of the London Stock Exchange Group companies. Distribution of the London Stock Exchange Group companies’ index values and the use of their indexes to create financial products require a license with FTSE, FTSE TMX, MTS and/or Russell and/or its licensors.
55
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The People Who Govern Your Fund
The trustees of your mutual fund are there to see that the fund is operated and managed in your best interests since, as a shareholder, you are a part owner of the fund. Your fund’s trustees also serve on the board of directors of The Vanguard Group, Inc., which is owned by the Vanguard funds and provides services to them.
A majority of Vanguard’s board members are independent, meaning that they have no affiliation with Vanguard or the funds they oversee, apart from the sizable personal investments they have made as private individuals. The independent board members have distinguished backgrounds in business, academia, and public service. Each of the trustees and executive officers oversees 213 Vanguard funds.
Information for each trustee and executive officer of the fund appears below. That information, as well as the Vanguard fund count, is as of the date on the cover of this fund report. The mailing address of the trustees and officers is P.O. Box 876, Valley Forge, PA 19482. More information about the trustees is in the Statement of Additional Information, which can be obtained, without charge, by contacting Vanguard at 800-662-7447, or online at vanguard.com.
Interested Trustee1
Mortimer J. Buckley
Born in 1969. Trustee since January 2018. Principal occupation(s) during the past five years and other experience: chairman of the board (2019–present) of Vanguard and of each of the investment companies served by Vanguard; chief executive officer (2018–present) of Vanguard; chief executive officer, president, and trustee (2018–present) of each of the investment companies served by Vanguard; president and director (2017–present) of Vanguard; and president (2018–present) of Vanguard Marketing Corporation. Chief investment officer (2013–2017), managing director (2002–2017), head of the Retail Investor Group (2006–2012), and chief information officer (2001–2006) of Vanguard. Chairman of the board (2011–2017) and trustee (2009–2017) of the Children’s Hospital of Philadelphia; and trustee (2018–present) and vice chair (2019��present) of The Shipley School.
Independent Trustees
Emerson U. Fullwood
Born in 1948. Trustee since January 2008. Principal occupation(s) during the past five years and other experience: executive chief staff and marketing officer for North America and corporate vice president (retired 2008) of Xerox Corporation (document management products and services). Former president of the Worldwide Channels Group, Latin America, and Worldwide Customer Service and executive chief staff officer of Developing Markets of Xerox. Executive in residence and 2009–2010 Distinguished Minett Professor at the Rochester Institute of Technology. Director of SPX FLOW, Inc. (multi-industry manufacturing). Director of the University of Rochester Medical Center, the Monroe Community College Foundation, the United Way of Rochester, North Carolina A&T University, and Roberts Wesleyan College. Trustee of the University of Rochester.
Amy Gutmann
Born in 1949. Trustee since June 2006. Principal occupation(s) during the past five years and other experience: president (2004–present) of the University of Pennsylvania. Christopher H. Browne Distinguished Professor of Political Science, School of Arts and Sciences, and professor of communication, Annenberg School for Communication, with secondary faculty appointments in the Department of Philosophy, School of Arts and Sciences, and at the Graduate School of Education, University of Pennsylvania.
F. Joseph Loughrey
Born in 1949. Trustee since October 2009. Principal occupation(s) during the past five years and other experience: president and chief operating officer (retired 2009) and vice chairman of the board (2008–2009) of Cummins Inc. (industrial machinery). Chairman of the board of Hillenbrand, Inc. (specialized consumer services) and the Lumina Foundation. Director of the V Foundation. Member of the advisory
1 | Mr. Buckley is considered an “interested person,” as defined in the Investment Company Act of 1940, because he is an officer of the Vanguard funds. |
council for the College of Arts and Letters and chair of the advisory board to the Kellogg Institute for International Studies, both at the University of Notre Dame.
Mark Loughridge
Born in 1953. Trustee since March 2012. Principal occupation(s) during the past five years and other experience: senior vice president and chief financial officer (retired 2013) of IBM (information technology services). Fiduciary member of IBM’s Retirement Plan Committee (2004–2013), senior vice president and general manager (2002–2004) of IBM Global Financing, vice president and controller (1998–2002) of IBM, and a variety of other prior management roles at IBM. Member of the Council on Chicago Booth.
Scott C. Malpass
Born in 1962. Trustee since March 2012. Principal occupation(s) during the past five years and other experience: chief investment officer (retired June 2020) and vice president (retired June 2020) of the University of Notre Dame. Assistant professor of finance at the Mendoza College of Business, University of Notre Dame, and member of the Notre Dame 403(b) Investment Committee (retired June 2020). Member of the board of Catholic Investment Services, Inc. (investment advisors) and the board of superintendence of the Institute for the Works of Religion.
Deanna Mulligan
Born in 1963. Trustee since January 2018. Principal occupation(s) during the past five years and other experience: board chair (2020–present), chief executive officer (2011–2020), and president (2010–2019) of The Guardian Life Insurance Company of America. Chief operating officer (2010–2011) and executive vice president (2008–2010) of the individual life and disability division of Guardian Life. Member of the board of the American Council of Life Insurers and the board of the Economic Club of New York. Trustee of the Partnership for New York City (business leadership), Chief Executives for Corporate Purpose, NewYork-Presbyterian Hospital, Catalyst, and the Bruce Museum (arts and science). Member of the Advisory Council for the Stanford Graduate School of Business.
André F. Perold
Born in 1952. Trustee since December 2004. Principal occupation(s) during the past five years and other experience: George Gund Professor of Finance and Banking, Emeritus at the Harvard Business School (retired 2011). Chief investment officer and co-managing partner of HighVista Strategies (private investment firm). Member of the board of advisors and member of the investment committee of the Museum of Fine Arts Boston. Member of the board (2018–present) of RIT Capital Partners (investment firm). Member of the investment committee of Partners Health Care System.
Sarah Bloom Raskin
Born in 1961. Trustee since January 2018. Principal occupation(s) during the past five years and other experience: deputy secretary (2014–2017) of the United States Department of the Treasury. Governor (2010–2014) of the Federal Reserve Board. Commissioner (2007–2010) of financial regulation for the State of Maryland. Member of the board of directors (2012–2014) of Neighborhood Reinvestment Corporation. Director (2017–present) of i(x) Investments, LLC; director (2017–present) of Reserve Trust. Rubenstein Fellow (2017–present) of Duke University; trustee (2017–present) of Amherst College, and trustee (2019–present) of the Folger Shakespeare Library.
Peter F. Volanakis
Born in 1955. Trustee since July 2009. Principal occupation(s) during the past five years and other experience: president and chief operating officer (retired 2010) of Corning Incorporated (communications equipment) and director of Corning Incorporated (2000–2010) and Dow Corning (2001–2010). Director (2012) of SPX Corporation (multi-industry manufacturing). Overseer of the Amos Tuck School of Business Administration, Dartmouth College (2001–2013). Chairman of the board of trustees of Colby-Sawyer College. Member of the board of Hypertherm Inc. (industrial cutting systems, software, and consumables).
Executive Officers
John Bendl
Born in 1970. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Chief financial officer (2019–present) of each of the investment companies served by Vanguard. Chief accounting officer, treasurer, and controller of Vanguard (2017–present). Partner (2003–2016) at KPMG (audit, tax, and advisory services).
Christine M. Buchanan
Born in 1970. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Treasurer (2017–present) of each of the investment companies served by Vanguard. Partner (2005–2017) at KPMG (audit, tax, and advisory services).
David Cermak
Born in 1960. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Finance director (2019–present) of each of the investment companies served by Vanguard. Managing director and head (2017–present) of Vanguard Investments Singapore. Managing director and head (2017–2019) of Vanguard Investments Hong Kong. Representative director and head (2014–2017) of Vanguard Investments Japan.
John Galloway
Born in 1973. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Investment stewardship officer (September 2020–present) of each of the investment companies served by Vanguard. Head of Investor Advocacy (February 2020–present) and head of Marketing Strategy and Planning (2017–2020) at Vanguard. Deputy assistant to the President of the United States (2015).
Thomas J. Higgins
Born in 1957. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Finance director (2019–present), chief financial officer (2008–2019), and treasurer (1998–2008) of each of the investment companies served by Vanguard.
Peter Mahoney
Born in 1974. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Controller (2015–present) of each of the investment companies served by Vanguard. Head of International Fund Services (2008–2014) at Vanguard.
Anne E. Robinson
Born in 1970. Principal occupation(s) during the past five years and other experience: general counsel (2016–present) of Vanguard. Secretary (2016–present) of Vanguard and of each of the investment companies served by Vanguard. Managing director (2016–present) of Vanguard. Managing director and general counsel of Global Cards and Consumer Services (2014–2016) at Citigroup. Counsel (2003–2014) at American Express.
Michael Rollings
Born in 1963. Principal occupation(s) during the past five years and other experience: finance director (2017–present) and treasurer (2017) of each of the investment companies served by Vanguard. Managing director (2016–present) of Vanguard. Chief financial officer (2016–present) of Vanguard. Director (2016–present) of Vanguard Marketing Corporation. Executive vice president and chief financial officer (2006–2016) of MassMutual Financial Group.
John E. Schadl
Born in 1972. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Chief compliance officer (2019–present) of Vanguard and of each of the investment companies served by Vanguard. Assistant vice president (2019–present) of Vanguard Marketing Corporation.
Vanguard Senior Management Team
Joseph Brennan | James M. Norris |
Mortimer J. Buckley | Thomas M. Rampulla |
Gregory Davis | Karin A. Risi |
John James | Anne E. Robinson |
John T. Marcante | Michael Rollings |
Chris D. McIsaac | Lauren Valente |
Connect with Vanguard® > vanguard.com
Fund Information > 800-662-7447
Direct Investor Account Services > 800-662-2739
Institutional Investor Services > 800-523-1036
Text Telephone for People
Who Are Deaf or Hard of Hearing > 800-749-7273
This material may be used in conjunction with the offering of shares of any Vanguard fund only if preceded or accompanied by the fund’s current prospectus.
All comparative mutual fund data are from Morningstar, Inc., unless otherwise noted.
You can obtain a free copy of Vanguard’s proxy voting guidelines by visiting vanguard.com/proxyreporting or by calling Vanguard at 800-662-2739. The guidelines are also available from the SEC’s website, www.sec.gov. In addition, you may obtain a free report on how your fund voted the proxies for securities it owned during the 12 months ended June 30. To get the report, visit either vanguard.com/proxyreporting or www.sec.gov.
You can review information about your fund on the SEC’s website, and you can receive copies of this information, for a fee, by sending a request via email addressed to publicinfo@sec.gov.
Source for Bloomberg Barclays indexes: Bloomberg Index Services Limited. Copyright 2020, Bloomberg. All rights reserved.
© 2020 The Vanguard Group, Inc.
All rights reserved.
U.S. Patent Nos. 6,879,964; 7,337,138;
7,720,749; 7,925,573; 8,090,646; 8,417,623; and 8,626,636.
Vanguard Marketing Corporation, Distributor.
Q720 122020
Annual Report | October 31, 2020 | |
Vanguard Total World Stock Index Fund | |
See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports. | |
Important information about access to shareholder reports
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report.
If you have already elected to receive shareholder reports electronically, you will not be affected by this change and do not need to take any action. You may elect to receive shareholder reports and other communications from the fund electronically by contacting your financial intermediary (such as a broker-dealer or bank) or, if you invest directly with the fund, by calling Vanguard at one of the phone numbers on the back cover of this report or by logging on to vanguard.com.
You may elect to receive paper copies of all future shareholder reports free of charge. If you invest through a financial intermediary, you can contact the intermediary to request that you continue to receive paper copies. If you invest directly with the fund, you can call Vanguard at one of the phone numbers on the back cover of this report or log on to vanguard.com. Your election to receive paper copies will apply to all the funds you hold through an intermediary or directly with Vanguard.
Contents | |
Your Fund’s Performance at a Glance | 1 |
About Your Fund’s Expenses | 2 |
Performance Summary | 4 |
Financial Statements | 7 |
Please note: The opinions expressed in this report are just that—informed opinions. They should not be considered promises or advice. Also, please keep in mind that the information and opinions cover the period through the date on the front of this report. Of course, the risks of investing in your fund are spelled out in the prospectus.
Your Fund’s Performance at a Glance
· For the 12 months ended October 31, 2020, Vanguard Total World Stock Index Fund returned 4.87% for ETF Shares and Institutional Shares and 4.83% for Admiral Shares. Its benchmark, the FTSE Global All Cap Index, returned 4.69%.
· The U.S. dollar’s value declined against most other major currencies, boosting international equities.
· The period was marked by the global spread of COVID-19 and efforts to contain it, including lockdowns, the shutting of nonessential businesses, and travel restrictions. However, responses from policymakers, the start of trials for vaccines and treatments, and the easing of some pandemic-related restrictions eventually lifted investor sentiment. The U.S. stock market rebounded more strongly than emerging markets and especially non-U.S. developed markets.
· The fund benefited from double-digit returns for U.S. stocks, which make up more than half the portfolio’s assets. Stocks in Europe, the Pacific region, and the Middle East detracted.
· By sector, technology, consumer discretionary, and health care contributed most to returns. Financials and energy were the biggest detractors.
Market Barometer | |||
Average Annual Total Returns | |||
Periods Ended October 31, 2020 | |||
One Year | Three Years | Five Years | |
Stocks | |||
Russell 1000 Index (Large-caps) | 10.87% | 10.63% | 11.79% |
Russell 2000 Index (Small-caps) | -0.14 | 2.19 | 7.27 |
Russell 3000 Index (Broad U.S. market) | 10.15 | 10.04 | 11.48 |
FTSE All-World ex US Index (International) | -2.17 | 0.13 | 4.52 |
Bonds | |||
Bloomberg Barclays U.S. Aggregate Bond Index (Broad taxable market) | 6.19% | 5.06% | 4.08% |
Bloomberg Barclays Municipal Bond Index (Broad tax-exempt market) | 3.59 | 4.09 | 3.70 |
FTSE Three-Month U.S. Treasury Bill Index | 0.86 | 1.62 | 1.15 |
CPI | |||
Consumer Price Index | 1.18% | 1.82% | 1.83% |
1 |
About Your Fund’s Expenses
As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.
A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.
The accompanying table illustrates your fund’s costs in two ways:
· Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The ”Ending Account Value“ shown is derived from the fund‘s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.
To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading ”Expenses Paid During Period.“
· Based on hypothetical 5% yearly return. This section is intended to help you compare your fund‘s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.
Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.”
The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.
You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.
2 |
Six Months Ended October 31, 2020
Beginning | Ending | Expenses | |
Account Value | Account Value | Paid During | |
Total World Stock Index Fund | 4/30/2020 | 10/31/2020 | Period |
Based on Actual Fund Return | |||
ETF Shares | $1,000.00 | $1,145.67 | $0.43 |
Admiral™ Shares | 1,000.00 | 1,145.41 | 0.54 |
Institutional Shares | 1,000.00 | 1,145.66 | 0.43 |
Based on Hypothetical 5% Yearly Return | |||
ETF Shares | $1,000.00 | $1,024.73 | $0.41 |
Admiral Shares | 1,000.00 | 1,024.63 | 0.51 |
Institutional Shares | 1,000.00 | 1,024.73 | 0.41 |
The calculations are based on expenses incurred in the most recent six-month period. The fund’s annualized six-month expense ratios for that period are 0.08% for ETF Shares, 0.10% for Admiral Shares, and 0.08% for Institutional Shares. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (184/366).
3 |
Total World Stock Index Fund
Performance Summary
All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.
Cumulative Performance: October 31, 2010, Through October 31, 2020
Initial Investment of $10,000
Average Annual Total Returns | |||||
Periods Ended October 31, 2020 | |||||
Final Value | |||||
One | Five | Ten | of a $10,000 | ||
Year | Years | Years | Investment | ||
![]() | Total World Stock Index Fund ETF Shares Net Asset Value | 4.87% | 8.33% | 8.09% | $21,776 |
Total World Stock Index Fund ETF Shares Market Price | 4.90 | 8.35 | 8.07 | 21,720 | |
![]() | Spliced Total World Stock Index | 4.69 | 8.31 | 8.16 | 21,903 |
Spliced Total World Stock Index: FTSE All-World Index through December 18, 2011, and FTSE Global All Cap Index thereafter. Benchmark returns are adjusted for withholding taxes.
Since | Final Value | ||
One | Inception | of a $10,000 | |
Year | (2/7/2019) | Investment | |
Total World Stock Index Fund Admiral Shares | 4.83% | 9.00% | $11,607 |
Spliced Total World Stock Index | 4.69 | 8.91 | 11,591 |
"Since Inception" performance is calculated from the Admiral Shares’ inception date for both the fund and its comparative standard(s).
See Financial Highlights for dividend and capital gains information.
4 |
Total World Stock Index Fund
Average Annual Total Returns | ||||
Periods Ended October 31, 2020 | ||||
Final Value | ||||
One | Five | Ten | of a $5,000,000 | |
Year | Years | Years | Investment | |
Total World Stock Index Fund Institutional Shares | 4.87% | 8.33% | 8.10% | $10,896,870 |
Spliced Total World Stock Index | 4.69 | 8.31 | 8.16 | 10,951,396 |
Cumulative Returns of ETF Shares: October 31, 2010, Through October 31, 2020
One | Five | Ten | |
Year | Years | Years | |
Total World Stock Index FundETF Shares Market Price | 4.90% | 49.31% | 117.20% |
Total World Stock Index FundETF Shares Net Asset Value | 4.87 | 49.19 | 117.76 |
Spliced Total World Stock Index | 4.69 | 49.03 | 119.03 |
For the ETF Shares, the market price is determined by the midpoint of the bid-offer spread as of the closing time of the New York Stock Exchange (generally 4 p.m., Eastern time). The net asset value is also determined as of the NYSE closing time. For more information about how the ETF Shares' market prices have compared with their net asset value, visit vanguard.com, select your ETF, and then select the Price and Performance tab. The ETF premium/discount analysis there shows the percentages of days on which the ETF Shares' market price was above or below the NAV.
5 |
Total World Stock Index Fund
Fund Allocation
As of October 31, 2020
Basic Materials | 4.2% |
Consumer Discretionary | 16.0 |
Consumer Staples | 6.6 |
Energy | 3.0 |
Financials | 12.7 |
Health Care | 12.0 |
Industrials | 13.5 |
Other | 0.0 |
Real Estate | 3.5 |
Technology | 21.4 |
Telecommunications | 3.7 |
Utilities | 3.4 |
The table reflects the fund’s investments, except for short-term investments and derivatives. Sector categories are based on the Industry Classification Benchmark (“ICB”), except for the “Other” category (if applicable), which includes securities that have not been provided an ICB classification as of the effective reporting period.
The fund may invest in derivatives (such as futures and swap contracts) for various reasons, including, but not limited to, at-tempting to remain fully invested and tracking its target index as closely as possible. |
The Industry Classification Benchmark (“ICB”) is owned by FTSE. FTSE does not accept any liability to any person for any loss or damage arising out of any error or omission in the ICB.
6 |
Total World Stock Index Fund
Financial Statements
Schedule of Investments—Investments Summary
As of October 31, 2020
This Statement summarizes the fund’s holdings by asset type. Details are reported for each of the fund’s 50 largest individual holdings and for investments that, in total for any issuer, represent more than 1% of the fund’s net assets. The total value of smaller holdings is reported as a single amount within each category.
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) four times in each fiscal year. For the second and fourth quarters the complete list of the fund’s holdings is available on vanguard.com and on Form N-CSR, or you can have it mailed to you without charge by calling 800-662-7447. For the first and third quarters of each fiscal year, the complete list of the fund’s holdings is available as an exhibit to its reports on Form N-PORT. The fund’s Form N-CSR and Form N-PORT reports are available on the SEC’s website at www.sec.gov.
Market | Percentage | |||
Value• | of Net | |||
Shares | ($000) | Assets | ||
Common Stocks | ||||
§,1Australia † | 399,208 | 2.0% | ||
1Austria † | 13,236 | 0.1% | ||
Belgium † | 56,041 | 0.3% | ||
1Brazil † | 112,577 | 0.6% | ||
1Canada † | 516,239 | 2.6% | ||
Chile † | 13,437 | 0.1% | ||
China | ||||
* | Alibaba Group Holding Ltd. ADR | 619,486 | 188,751 | 0.9% |
Tencent Holdings Ltd. | 2,022,367 | 154,520 | 0.8% | |
§,1 | China—Other † | 709,457 | 3.6% | |
1,052,728 | 5.3% | |||
Colombia † | 5,681 | 0.0% | ||
1Czech Republic † | 2,383 | 0.0% | ||
§,1Denmark † | 128,776 | 0.6% | ||
Egypt † | 3,267 | 0.0% | ||
Finland † | 72,612 | 0.4% | ||
§,1France † | 491,434 | 2.4% |
7 |
Total World Stock Index Fund
Market | Percentage | |||
Value• | of Net | |||
Shares | ($000) | Assets | ||
1Germany † | 458,294 | 2.3% | ||
§Greece † | 4,960 | 0.0% | ||
§,1Hong Kong † | 184,351 | 0.9% | ||
Hungary † | 4,441 | 0.0% | ||
§,1India † | 235,838 | 1.2% | ||
§Indonesia † | 34,146 | 0.2% | ||
§Ireland † | 17,515 | 0.1% | ||
Israel † | 29,229 | 0.1% | ||
1Italy † | 120,782 | 0.6% | ||
Japan | ||||
Toyota Motor Corp. | 867,904 | 56,975 | 0.3% | |
Japan—Other † | 1,416,333 | 7.1% | ||
1,473,308 | 7.4% | |||
Kuwait † | 16,005 | 0.1% | ||
Luxembourg † | 275 | 0.0% | ||
1Malaysia † | 50,973 | 0.2% | ||
§Malta † | — | 0.0% | ||
1Mexico † | 44,679 | 0.2% | ||
Netherlands | ||||
ASML Holding NV | 140,617 | 50,876 | 0.2% | |
1 | Netherlands—Other † | 171,050 | 0.9% | |
221,926 | 1.1% | |||
New Zealand † | 24,753 | 0.1% | ||
1Norway † | 40,696 | 0.2% | ||
Pakistan † | 2,398 | 0.0% | ||
Peru † | 736 | 0.0% | ||
1Philippines † | 22,415 | 0.1% | ||
1Poland † | 14,938 | 0.1% | ||
Portugal † | 10,487 | 0.1% | ||
Qatar † | 20,401 | 0.1% |
8 |
Total World Stock Index Fund
Market | Percentage | |||
Value• | of Net | |||
Shares | ($000) | Assets | ||
Romania † | 723 | 0.0% | ||
1Russia † | 53,442 | 0.3% | ||
1Saudi Arabia † | 70,752 | 0.3% | ||
§Singapore † | 63,217 | 0.3% | ||
1South Africa † | 89,438 | 0.4% | ||
§,1South Korea † | 316,865 | 1.6% | ||
§,1Spain † | 116,067 | 0.6% | ||
1Sweden † | 197,080 | 1.0% | ||
Switzerland | ||||
Nestle SA | 983,458 | 110,617 | 0.5% | |
Roche Holding AG | 245,162 | 78,778 | 0.4% | |
Novartis AG | 757,668 | 59,039 | 0.3% | |
1 | Switzerland—Other † | 254,331 | 1.3% | |
502,765 | 2.5% | |||
Taiwan | ||||
Taiwan Semiconductor Manufacturing Co. Ltd. | 5,378,165 | 81,370 | 0.4% | |
Taiwan Semiconductor Manufacturing Co. Ltd. ADR | 627,927 | 52,664 | 0.2% | |
§ | Taiwan—Other † | 233,449 | 1.2% | |
367,483 | 1.8% | |||
§Thailand † | 56,533 | 0.3% | ||
§,1Turkey † | 11,128 | 0.1% | ||
§United Arab Emirates † | 16,390 | 0.1% | ||
§,1United Kingdom † | 745,979 | 3.7% | ||
United States | ||||
§Basic Materials † | 236,211 | 1.2% | ||
Consumer Discretionary | ||||
* | Amazon.com Inc. | 149,822 | 454,882 | 2.3% |
* | Tesla Inc. | 261,150 | 101,337 | 0.5% |
Home Depot Inc. | 379,010 | 101,086 | 0.5% | |
Walt Disney Co. | 637,778 | 77,331 | 0.4% | |
* | Netflix Inc. | 150,105 | 71,411 | 0.4% |
Walmart Inc. | 492,039 | 68,270 | 0.3% | |
McDonald’s Corp. | 262,087 | 55,824 | 0.3% | |
Costco Wholesale Corp. | 155,562 | 55,632 | 0.3% | |
NIKE Inc. Class B | 427,676 | 51,355 | 0.2% | |
Consumer Discretionary—Other † | 818,428 | 4.1% | ||
1,855,556 | 9.3% |
9 |
Total World Stock Index Fund
Market | Percentage | |||
Value• | of Net | |||
Shares | ($000) | Assets | ||
Consumer Staples | ||||
Procter & Gamble Co. | 860,371 | 117,957 | 0.6% | |
Coca-Cola Co. | 1,362,550 | 65,484 | 0.3% | |
PepsiCo Inc. | 489,264 | 65,214 | 0.3% | |
Consumer Staples—Other † | 373,457 | 1.9% | ||
622,112 | 3.1% | |||
Energy † | 227,579 | 1.1% | ||
Financials | ||||
JPMorgan Chase & Co. | 1,068,912 | 104,796 | 0.6% | |
* | Berkshire Hathaway Inc. Class B | 512,991 | 103,573 | 0.5% |
Bank of America Corp. | 2,729,575 | 64,691 | 0.3% | |
Financials—Other † | 841,932 | 4.2% | ||
1,114,992 | 5.6% | |||
Health Care | ||||
Johnson & Johnson | 931,158 | 127,671 | 0.6% | |
UnitedHealth Group Inc. | 333,273 | 101,695 | 0.5% | |
Pfizer Inc. | 1,963,210 | 69,655 | 0.4% | |
Merck & Co. Inc. | 892,659 | 67,137 | 0.3% | |
Thermo Fisher Scientific Inc. | 139,014 | 65,770 | 0.3% | |
Abbott Laboratories | 609,917 | 64,108 | 0.3% | |
AbbVie Inc. | 622,037 | 52,935 | 0.3% | |
Danaher Corp. | 219,988 | 50,496 | 0.3% | |
Health Care—Other † | 936,641 | 4.7% | ||
1,536,108 | 7.7% | |||
Industrials | ||||
Visa Inc. Class A | 595,701 | 108,245 | 0.5% | |
Mastercard Inc. Class A | 311,325 | 89,861 | 0.5% | |
* | PayPal Holdings Inc. | 414,581 | 77,166 | 0.4% |
Industrials—Other † | 1,243,616 | 6.2% | ||
1,518,888 | 7.6% | |||
§,2Other † | 8 | 0.0% | ||
Real Estate † | 391,514 | 1.9% | ||
Technology | ||||
Apple Inc. | 5,702,642 | 620,790 | 3.1% | |
Microsoft Corp. | 2,645,345 | 535,603 | 2.7% | |
* | Facebook Inc. Class A | 848,423 | 223,229 | 1.1% |
* | Alphabet Inc. Class A | 106,587 | 172,256 | 0.9% |
* | Alphabet Inc. Class C | 104,010 | 168,601 | 0.8% |
NVIDIA Corp. | 208,424 | 104,495 | 0.5% | |
* | Adobe Inc. | 169,569 | 75,814 | 0.4% |
* | salesforce.com Inc. | 305,785 | 71,025 | 0.4% |
Intel Corp. | 1,497,463 | 66,308 | 0.3% | |
QUALCOMM Inc. | 396,889 | 48,960 | 0.2% | |
Technology—Other † | 1,022,545 | 5.1% | ||
3,109,626 | 15.5% |
10 |
Total World Stock Index Fund
Market | Percentage | |||
Value• | of Net | |||
Shares | ($000) | Assets |
Telecommunications | |||||
Verizon Communications Inc. | 1,460,053 | 83,208 | 0.4% | ||
AT&T Inc. | 2,512,948 | 67,900 | 0.4% | ||
Comcast Corp. Class A | 1,599,129 | 67,547 | 0.3% | ||
Cisco Systems Inc. | 1,498,872 | 53,810 | 0.3% | ||
Telecommunications—Other † | 124,942 | 0.6% | |||
397,407 | 2.0% | ||||
Utilities | |||||
NextEra Energy Inc. | 689,920 | 50,509 | 0.3% | ||
Utilities—Other † | 326,548 | 1.6% | |||
377,057 | 1.9% | ||||
11,387,058 | 56.9% | ||||
Total Common Stocks (Cost $16,542,921) | 19,896,085 | 99.4% | |||
Coupon | |||||
Temporary Cash Investments | |||||
Money Market Fund | |||||
3,4 | Vanguard Market Liquidity Fund | 0.112% | 1,819,135 | 181,913 | 0.9% |
5U.S. Government and Agency Obligations † | 7,500 | 0.0% | |||
Total Temporary Cash Investments (Cost $189,401) | 189,413 | 0.9% | |||
6Total Investments (Cost $16,732,322) | 20,085,498 | 100.3% | |||
Other Assets and Liabilities—Net | (66,814) | (0.3%) | |||
Net Assets | 20,018,684 | 100.0% |
Cost is in $000.
• | See Note A in Notes to Financial Statements. |
§ | Certain of the fund’s securities are valued using significant unobservable inputs. * Non-income-producing security. |
† | Represents the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer, represent 1% or less of net assets. |
1 | Certain securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At October 31, 2020, the aggregate value of these securities was $283,100,000, representing 1.4% of net assets. |
2 | “Other” represents securities that are not classified by the fund’s benchmark index. |
3 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
4 | Collateral of $120,496,000 was received for securities on loan, of which $120,342,000 is held in Vanguard Market Liquidity Fund and $154,000 is held in cash. |
5 | Securities with a value of $7,500,000 have been segregated as initial margin for open futures contracts. |
6 | The total value of securities on loan is $111,926,000. ADR—American Depositary Receipt. |
11 |
Total World Stock Index Fund
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
($000) | |||||
Value and | |||||
Number of | Unrealized | ||||
Long (Short) | Notional | Appreciation | |||
Expiration | Contracts | Amount | (Depreciation) | ||
Long Futures Contracts | |||||
E-mini S&P 500 Index | December 2020 | 396 | 64,641 | (1,808) | |
MSCI Emerging Markets Index | December 2020 | 294 | 16,197 | (120) | |
Dow Jones EURO STOXX 50 Index | December 2020 | 305 | 10,511 | (1,152) | |
Topix Index | December 2020 | 60 | 9,015 | (254) | |
E-mini Russell 2000 Index | December 2020 | 91 | 6,992 | 63 | |
FTSE 100 Index | December 2020 | 62 | 4,469 | (350) | |
S&P TSX 60 Index | December 2029 | 30 | 4,168 | (200) | |
S&P ASX 200 Index | December 2020 | 28 | 2,898 | (14) | |
(3,835) |
12 |
Total World Stock Index Fund
Forward Currency Contracts
Contract | Unrealized | Unrealized | ||||||
Settlement | Contract Amount (000) | Appreciation | (Depreciation) | |||||
Counterparty | Date | Receive | Deliver | ($000) | ($000) | |||
Morgan Stanley Capital Services LLC | 1/14/21 | EUR | 5,735 | USD | 6,822 | — | (130) | |
Citibank, N.A. | 1/14/21 | EUR | 3,803 | USD | 4,519 | — | (81) | |
Citibank, N.A. | 1/14/21 | JPY | 374,900 | USD | 3,564 | 21 | — | |
Goldman Sachs International | 1/14/21 | CAD | 4,430 | USD | 3,305 | 21 | — | |
Morgan Stanley Capital Services LLC | 1/14/21 | JPY | 248,759 | USD | 2,376 | 3 | — | |
Royal Bank of Canada | 1/14/21 | CAD | 2,912 | USD | 2,207 | — | (20) | |
Citibank, N.A. | 1/14/21 | GBP | 1,441 | USD | 1,859 | 9 | — | |
Citibank, N.A. | 1/14/21 | AUD | 1,618 | USD | 1,182 | — | (44) | |
UBS AG | 1/14/21 | AUD | 1,534 | USD | 1,121 | — | (42) | |
Royal Bank of Canada | 1/14/21 | EUR | 826 | USD | 976 | — | (12) | |
Royal Bank of Canada | 1/14/21 | JPY | 81,750 | USD | 774 | 8 | — | |
Goldman Sachs International | 1/14/21 | EUR | 650 | USD | 770 | — | (11) | |
Goldman Sachs International | 1/14/21 | JPY | 64,720 | USD | 620 | — | (1) | |
Royal Bank of Canada | 1/14/21 | HKD | 4,800 | USD | 619 | — | — | |
Royal Bank of Canada | 1/14/21 | GBP | 293 | USD | 381 | — | (1) | |
Goldman Sachs International | 1/14/21 | GBP | 231 | USD | 301 | — | (2) | |
Goldman Sachs International | 1/14/21 | CAD | 382 | USD | 290 | — | (3) | |
Goldman Sachs International | 1/14/21 | AUD | 302 | USD | 216 | — | (3) | |
Royal Bank of Canada | 1/14/21 | AUD | 296 | USD | 213 | — | (5) | |
BNP Paribas | 1/14/21 | USD | 12,075 | JPY | 1,273,189 | — | (100) | |
JPMorgan Chase Bank, N.A. | 1/14/21 | USD | 10,231 | CHF | 9,459 | — | (111) | |
HSBC Bank USA, N.A. | 1/14/21 | USD | 2,257 | KRW | 2,645,559 | — | (74) | |
Bank of America, N.A. | 1/14/21 | USD | 1,852 | HKD | 14,363 | — | (1) | |
BNP Paribas | 1/14/21 | USD | 1,035 | EUR | 886 | 1 | — | |
BNP Paribas | 1/14/21 | USD | 688 | CAD | 920 | — | (4) | |
Citibank, N.A. | 1/14/21 | USD | 663 | DKK | 4,237 | — | (1) | |
BNP Paribas | 1/14/21 | USD | 454 | GBP | 353 | — | (4) | |
Bank of Montreal | 1/14/21 | USD | 276 | GBP | 214 | — | (2) | |
63 | (652) |
AUD—Australian dollar.
CAD—Canadian dollar.
CHF—Swiss franc.
DKK—Danish krone.
EUR—euro.
GBP—British pound.
HKD—Hong Kong dollar.
JPY—Japanese yen.
KRW—Korean won.
USD—U.S. dollar.
13 |
Total World Stock Index Fund
Over-the-Counter Total Return Swaps
Floating | ||||||
Interest | ||||||
Rate | Value and | Value and | ||||
Notional | Received | Unrealized | Unrealized | |||
Termination | Amount | (Paid)1 | Appreciation | (Depreciation) | ||
Reference Entity | Date | Counterparty | ($000) | (%) | ($000) | ($000) |
Northview Apartment REIT | 9/2/21 | BOANA | 401 | (1.098) | 3 | — |
1 | Based on 1-month USD London Interbank Offered Rate (LIBOR) as of the most recent payment date. Floating interest payment received/paid monthly. |
BOANA—Bank of America, N.A.
At October 31, 2020, a counterparty had deposited in a segregated account cash of $20,000 in connection with open forward currency contracts and open over-the-counter swap contracts.
See accompanying Notes, which are an integral part of the Financial Statements.
14 |
Total World Stock Index Fund
Statement of Assets and Liabilities
As of October 31, 2020
($000s, except shares and per-share amounts) | Amount |
Assets | |
Investments in Securities, at Value | |
Unaffiliated Issuers (Cost $16,550,420) | 19,903,585 |
Affiliated Issuers (Cost $181,902) | 181,913 |
Total Investments in Securities | 20,085,498 |
Investment in Vanguard | 851 |
Cash | 1,569 |
Cash Collateral Pledged—Futures Contracts | 2,131 |
Cash Collateral Pledged— Forward Currency Contracts and Over-the-Counter Swap Contracts | 7 |
Foreign Currency, at Value (Cost $17,025) | 17,024 |
Receivables for Investment Securities Sold | 221 |
Receivables for Accrued Income | 37,779 |
Receivables for Capital Shares Issued | 4,847 |
Unrealized Appreciation—Forward Currency Contracts | 63 |
Unrealized Appreciation—Over-the-Counter Swap Contracts | 3 |
Total Assets | 20,149,993 |
Liabilities | |
Payables for Investment Securities Purchased | 746 |
Collateral for Securities on Loan | 120,496 |
Payables for Capital Shares Redeemed | 7,509 |
Payables to Vanguard | 852 |
Variation Margin Payable—Futures Contracts | 1,046 |
Unrealized Depreciation—Forward Currency Contracts | 652 |
Deferred Foreign Capital Gain Taxes | 8 |
Total Liabilities | 131,309 |
Net Assets | 20,018,684 |
See accompanying Notes, which are an integral part of the Financial Statements.
15 |
Total World Stock Index Fund
Statement of Assets and Liabilities (continued)
At October 31, 2020, net assets consisted of: | |
($000s, except shares and per-share amounts) | Amount |
Paid-in Capital | 17,190,719 |
Total Distributable Earnings (Loss) | 2,827,965 |
Net Assets | 20,018,684 |
ETF Shares—Net Assets | |
Applicable to 178,385,793 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 14,069,963 |
Net Asset Value Per Share—ETF Shares | $78.87 |
Admiral Shares—Net Assets | |
Applicable to 101,712,638 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 2,842,212 |
Net Asset Value Per Share—Admiral Shares | $27.94 |
Institutional Shares—Net Assets | |
Applicable to 19,286,009 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 3,106,509 |
Net Asset Value Per Share—Institutional Shares | $161.08 |
See accompanying Notes, which are an integral part of the Financial Statements.
16 |
Total World Stock Index Fund
Statement of Operations
Year Ended | |
October 31, 2020 | |
($000) | |
Investment Income | |
Income | |
Dividends1 | 393,006 |
Interest2 | 688 |
Securities Lending—Net | 4,477 |
Total Income | 398,171 |
Expenses | |
The Vanguard Group—Note B | |
Investment Advisory Services | 2,140 |
Management and Administrative—ETF Shares | 7,455 |
Management and Administrative—Admiral Shares | 1,955 |
Management and Administrative—Institutional Shares | 1,829 |
Marketing and Distribution—ETF Shares | 655 |
Marketing and Distribution—Admiral Shares | 143 |
Marketing and Distribution—Institutional Shares | 109 |
Custodian Fees | 890 |
Auditing Fees | 40 |
Shareholders’ Reports—ETF Shares | 328 |
Shareholders’ Reports—Admiral Shares | 14 |
Shareholders’ Reports—Institutional Shares | 14 |
Trustees’ Fees and Expenses | 11 |
Total Expenses | 15,583 |
Net Investment Income | 382,588 |
Realized Net Gain (Loss) | |
Investment Securities Sold2,3 | 40,905 |
Futures Contracts | 14,076 |
Swap Contracts | 44 |
Forward Currency Contracts | 647 |
Foreign Currencies | (25) |
Realized Net Gain (Loss) | 55,647 |
17 |
Total World Stock Index Fund
Statement of Operations (continued)
Year Ended | |
October 31, 2020 | |
($000) | |
Change in Unrealized Appreciation (Depreciation) | |
Investment Securities2,4 | 632,183 |
Futures Contracts | (5,073) |
Swap Contracts | 3 |
Forward Currency Contracts | (675) |
Foreign Currencies | 716 |
Change in Unrealized Appreciation (Depreciation) | 627,154 |
Net Increase (Decrease) in Net Assets Resulting from Operations | 1,065,389 |
1 | Dividends are net of foreign withholding taxes of $21,529,000. |
2 | Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund were $639,000, ($146,000), and ($4,000), respectively. Purchases and sales are for temporary cash investment purposes. |
3 | Includes $280,510,000 of net gain (loss) resulting from in-kind redemptions. |
4 | The change in unrealized appreciation (depreciation) is net of the change in deferred foreign capital gains taxes of ($8,000). |
See accompanying Notes, which are an integral part of the Financial Statements.
18 |
Total World Stock Index Fund
Statement of Changes in Net Assets
Year Ended October 31, | ||
2020 | 2019 | |
($000) | ($000) | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net Investment Income | 382,588 | 422,452 |
Realized Net Gain (Loss) | 55,647 | 825,867 |
Change in Unrealized Appreciation (Depreciation) | 627,154 | 837,005 |
Net Increase (Decrease) in Net Assets Resulting from Operations | 1,065,389 | 2,085,324 |
Distributions1 | ||
Investor Shares | — | (23,866) |
ETF Shares | (275,179) | (296,938) |
Admiral Shares | (51,356) | (21,786) |
Institutional Shares | (64,101) | (67,253) |
Total Distributions | (390,636) | (409,843) |
Capital Share Transactions | ||
Investor Shares | (3,594) | (1,806,070) |
ETF Shares | 1,493,356 | (464,794) |
Admiral Shares | 530,126 | 2,117,243 |
Institutional Shares | 94,517 | 83,950 |
Net Increase (Decrease) from Capital Share Transactions | 2,114,405 | (69,671) |
Total Increase (Decrease) | 2,789,158 | 1,605,810 |
Net Assets | ||
Beginning of Period | 17,229,526 | 15,623,716 |
End of Period | 20,018,684 | 17,229,526 |
1 | Certain prior-period numbers have been reclassified to conform with the current-period presentation. |
See accompanying Notes, which are an integral part of the Financial Statements.
19 |
Total World Stock Index Fund
Financial Highlights
Investor Shares
Nov. 1, | ||||||
2019, to | ||||||
Nov. 7, | Year Ended October 31, | |||||
For a Share Outstanding Throughout Each Period | 20191 | 2019 | 2018 | 2017 | 2016 | |
Net Asset Value, Beginning of Period | $31.31 | $28.51 | $29.40 | $24.30 | $24.18 | |
Investment Operations | ||||||
Net Investment Income | .0122 | .6862 | .6792 | .5932 | .565 | |
Net Realized and Unrealized Gain (Loss) on Investments | .558 | 2.804 | (.916) | 5.105 | .089 | |
Total from Investment Operations | .570 | 3.490 | (.237) | 5.698 | .654 | |
Distributions | ||||||
Dividends from Net Investment Income | — | (.690) | (.653) | (.598) | (.534) | |
Distributions from Realized Capital Gains | — | — | — | — | — | |
Total Distributions | — | (.690) | (.653) | (.598) | (.534) | |
Net Asset Value, End of Period | $31.881 | $31.31 | $28.51 | $29.40 | $24.30 | |
Total Return3 | 1.82% | 12.48% | -0.91% | 23.71% | 2.80% | |
Ratios/Supplemental Data | ||||||
Net Assets, End of Period (Millions) | $— | $4 | $1,682 | $1,522 | $1,078 | |
Ratio of Total Expenses to Average Net Assets | 0.17%4 | 0.17% | 0.17% | 0.19% | 0.21% | |
Ratio of Net Investment Income to Average Net Assets | 2.00%4 | 2.36% | 2.24% | 2.19% | 2.40% | |
Portfolio Turnover Rate5 | 6%6 | 7% | 9% | 10% | 15% |
1 | Net asset value as of November 7, 2019, on which date the remaining Investor Shares were converted to Admiral Shares. |
2 | Calculated based on average shares outstanding. |
3 | Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees. |
4 | Annualized. |
5 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
6 | Reflects the fund’s portfolio turnover for the fiscal year ended October 31, 2020. |
See accompanying Notes, which are an integral part of the Financial Statements.
20 |
Total World Stock Index Fund
Financial Highlights
ETF Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $76.83 | $69.96 | $72.13 | $59.62 | $59.34 |
Investment Operations | |||||
Net Investment Income | 1.5561 | 1.8011 | 1.7321 | 1.5121 | 1.443 |
Net Realized and Unrealized Gain (Loss) on Investments | 2.078 | 6.825 | (2.241) | 12.528 | .204 |
Total from Investment Operations | 3.634 | 8.626 | (.509) | 14.040 | 1.647 |
Distributions | |||||
Dividends from Net Investment Income | (1.594) | (1.756) | (1.661) | (1.530) | (1.367) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (1.594) | (1.756) | (1.661) | (1.530) | (1.367) |
Net Asset Value, End of Period | $78.87 | $76.83 | $69.96 | $72.13 | $59.62 |
Total Return | 4.87% | 12.60% | -0.82% | 23.82% | 2.89% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $14,070 | $12,122 | $11,372 | $9,755 | $6,112 |
Ratio of Total Expenses to Average Net Assets | 0.08% | 0.08% | 0.09% | 0.10% | 0.11% |
Ratio of Net Investment Income to Average Net Assets | 2.03% | 2.48% | 2.32% | 2.28% | 2.50% |
Portfolio Turnover Rate2 | 6% | 7% | 9% | 10% | 15% |
1 | Calculated based on average shares outstanding. |
2 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
21 |
Total World Stock Index Fund
Financial Highlights
Admiral Shares
Year | Feb. 7, | |
Ended | 20191 to | |
Oct. 31, | Oct. 31, | |
For a Share Outstanding Throughout Each Period | 2020 | 2019 |
Net Asset Value, Beginning of Period | $27.22 | $25.00 |
Investment Operations | ||
Net Investment Income2 | .547 | .488 |
Net Realized and Unrealized Gain (Loss) on Investments | .732 | 2.173 |
Total from Investment Operations | 1.279 | 2.661 |
Distributions | ||
Dividends from Net Investment Income | (.559) | (.441) |
Distributions from Realized Capital Gains | — | — |
Total Distributions | (.559) | (.441) |
Net Asset Value, End of Period | $27.94 | $27.22 |
Total Return3 | 4.83% | 10.73% |
Ratios/Supplemental Data | ||
Net Assets, End of Period (Millions) | $2,842 | $2,181 |
Ratio of Total Expenses to Average Net Assets | 0.10% | 0.10%4 |
Ratio of Net Investment Income to Average Net Assets | 2.02% | 2.53%4 |
Portfolio Turnover Rate5 | 6% | 7%6 |
1 | Inception. |
2 | Calculated based on average shares outstanding. |
3 | Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees. |
4 | Annualized. |
5 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
6 | Reflects the fund’s portfolio turnover for the fiscal year ended October 31, 2019. |
See accompanying Notes, which are an integral part of the Financial Statements.
22 |
Total World Stock Index Fund
Financial Highlights
Institutional Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $156.89 | $142.87 | $147.32 | $121.75 | $121.18 |
Investment Operations | |||||
Net Investment Income | 3.1761 | 3.7021 | 3.5311 | 3.1121 | 2.956 |
Net Realized and Unrealized Gain (Loss) on Investments | 4.265 | 13.907 | (4.578) | 25.594 | .414 |
Total from Investment Operations | 7.441 | 17.609 | (1.047) | 28.706 | 3.370 |
Distributions | |||||
Dividends from Net Investment Income | (3.251) | (3.589) | (3.403) | (3.136) | (2.800) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (3.251) | (3.589) | (3.403) | (3.136) | (2.800) |
Net Asset Value, End of Period | $161.08 | $156.89 | $142.87 | $147.32 | $121.75 |
Total Return | 4.87% | 12.57% | -0.82% | 23.86% | 2.88% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $3,107 | $2,924 | $2,570 | $2,529 | $1,617 |
Ratio of Total Expenses to Average Net Assets | 0.08% | 0.08% | 0.08% | 0.09% | 0.10% |
Ratio of Net Investment Income to Average Net Assets | 2.03% | 2.49% | 2.33% | 2.29% | 2.51% |
Portfolio Turnover Rate2 | 6% | 7% | 9% | 10% | 15% |
1 | Calculated based on average shares outstanding. |
2 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
23 |
Total World Stock Index Fund
Notes to Financial Statements
Vanguard Total World Stock Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund offers three classes of shares: ETF Shares, Admiral Shares, and Institutional Shares. Each of the share classes has different eligibility and minimum purchase requirements, and is designed for different types of investors. ETF Shares are listed for trading on NYSE Arca; they can be purchased and sold through a broker. Prior to November 7, 2019, the fund offered Investor Shares. Effective at the close of business on November 7, 2019, the remaining Investor Shares were converted to Admiral Shares.
The fund invests in securities of foreign issuers, which may subject it to investment risks not normally associated with investing in securities of U.S. corporations. Market disruptions associated with the COVID-19 pandemic have had a global impact, and uncertainty exists as to the long-term implications. Such disruptions can adversely affect assets of the fund and thus fund performance.
A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.
1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued at their fair values calculated according to procedures adopted by the board of trustees. These procedures include obtaining quotations from an independent pricing service, monitoring news to identify significant market- or security-specific events, and evaluating changes in the values of foreign market proxies (for example, ADRs, futures contracts, or exchange-traded funds), between the time the foreign markets close and the fund’s pricing time. When fair-value pricing is employed, the prices of securities used by a fund to calculate its net asset value may differ from quoted or published prices for the same securities. Investments in Vanguard Market Liquidity Fund are valued at that fund’s net asset value. Temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services.
2. Foreign Currency: Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using exchange rates obtained from an independent third party as of the fund’s pricing time on the valuation date. Realized gains (losses) and unrealized appreciation (depreciation) on investment securities include the effects of changes in exchange rates since the securities were purchased, combined with the effects of changes in security prices. Fluctuations in the value of other assets and liabilities resulting from changes in exchange rates are recorded as unrealized foreign currency gains (losses) until the assets or liabilities are settled in cash, at which time they are recorded as realized foreign currency gains (losses).
3. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures contracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the underlying index while maintaining a cash balance for liquidity. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market.
24 |
Total World Stock Index Fund
Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. The notional amounts of the contracts are not recorded in the Statement of Assets and Liabilities. Fluctuations in the value of the contracts are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized gains (losses) on futures contracts.
During the year ended October 31, 2020, the fund’s average investments in long and short futures contracts represented less than 1% and 0% of net assets, respectively, based on the average of the notional amounts at each quarter-end during the period.
4. Forward Currency Contracts: The fund enters into forward currency contracts to provide the appropriate currency exposure related to any open futures contracts. The fund’s risks in using these contracts include movement in the values of the foreign currencies relative to the U.S. dollar and the ability of the counterparties to fulfill their obligations under the contracts. The fund mitigates its counterparty risk by entering into forward currency contracts only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. The master netting arrangements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate the forward currency contracts, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The forward currency contracts contain provisions whereby a counterparty may terminate open contracts if the fund’s net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the forward currency contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.
Forward currency contracts are valued at their quoted daily prices obtained from an independent third party, adjusted for currency risk based on the expiration date of each contract. The notional amounts of the contracts are not recorded in the Statement of Assets and Liabilities. Fluctuations in the value of the contracts are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized gains (losses) on forward currency contracts.
During the year ended October 31, 2020, the fund’s average investment in forward currency contracts represented less than 1% of net assets, based on the average of notional amounts at each quarter-end during the period.
25 |
Total World Stock Index Fund
5. Swap Contracts: The fund has entered into equity swap contracts to earn the total return on selected reference stocks in the fund’s target index. Under the terms of the swaps, the fund receives the total return on the referenced stock (i.e., receiving the increase or paying the decrease in value of the selected reference stock and receiving the equivalent of any dividends in respect of the selected referenced stock) over a specified period of time, applied to a notional amount that represents the value of a designated number of shares of the selected reference stock at the beginning of the equity swap contract. The fund also pays a floating rate that is based on short-term interest rates, applied to the notional amount. At the same time, the fund generally invests an amount approximating the notional amount of the swap in high-quality temporary cash investments.
A risk associated with all types of swaps is the possibility that a counterparty may default on its obligation to pay net amounts due to the fund. The fund’s maximum amount subject to counterparty risk is the unrealized appreciation on the swap contract. The fund mitigates its counterparty risk by entering into swaps only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. In the event of a counterparty’s default (including bankruptcy), the fund may terminate any swap contracts with that counterparty, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The swap contracts contain provisions whereby a counterparty may terminate open contracts if the fund’s net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the swap contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.
The notional amounts of swap contracts are not recorded in the Statement of Assets and Liabilities. Swaps are valued daily based on market quotations received from independent pricing services or recognized dealers and the change in value is recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until periodic payments are made or the termination of the swap, at which time realized gain (loss) is recorded.
During the year ended October 31, 2020, the fund’s average amounts of investments in total return swaps represented less than 1% of net assets, based on the average of notional amounts at each quarter-end during the period.
6. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. The fund’s tax returns are open to examination by the relevant tax authorities until expiration of the applicable statute of limitations, which is generally three years after the filing of the tax return. Management has analyzed the fund’s tax positions taken for all open federal and state income tax years, and has concluded that no provision for income tax is required in the fund’s financial statements.
7. Distributions: Distributions to shareholders are recorded on the ex-dividend date. Distributions are determined on a tax basis at the fiscal year-end and may differ from net investment income and realized capital gains for financial reporting purposes.
26 |
Total World Stock Index Fund
8. Securities Lending: To earn additional income, the fund lends its securities to qualified institutional borrowers. Security loans are subject to termination by the fund at any time, and are required to be secured at all times by collateral in an amount at least equal to the market value of securities loaned. Daily market fluctuations could cause the value of loaned securities to be more or less than the value of the collateral received. When this occurs, the collateral is adjusted and settled before the opening of the market on the next business day. The fund further mitigates its counterparty risk by entering into securities lending transactions only with a diverse group of prequalified counterparties, monitoring their financial strength, and entering into master securities lending agreements with its counterparties. The master securities lending agreements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate any loans with that borrower, determine the net amount owed, and sell or retain the collateral up to the net amount owed to the fund; however, such actions may be subject to legal proceedings. While collateral mitigates counterparty risk, in the event of a default, the fund may experience delays and costs in recovering the securities loaned. The fund invests cash collateral received in Vanguard Market Liquidity Fund, and records a liability in the Statement of Assets and Liabilities for the return of the collateral, during the period the securities are on loan. Collateral investments in Vanguard Market Liquidity Fund are subject to market appreciation or depreciation. Securities lending income represents fees charged to borrowers plus income earned on invested cash collateral, less expenses associated with the loan. During the term of the loan, the fund is entitled to all distributions made on or in respect of the loaned securities.
9. Credit Facilities and Interfund Lending Program: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $4.3 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement and an uncommitted credit facility provided by Vanguard. Both facilities may be renewed annually. Each fund is individually liable for its borrowings, if any, under the credit facilities. Borrowings may be utilized for temporary or emergency purposes, subject to the fund’s regulatory and contractual borrowing restrictions. With respect to the committed credit facility, the participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn committed amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under either facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate (or an acceptable alternate rate, if necessary), federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread, except that borrowings under the uncommitted credit facility may bear interest based upon an alternative rate agreed to by the fund and Vanguard.
In accordance with an exemptive order (the “Order”) from the SEC, the fund may participate in a joint lending and borrowing program that allows registered open-end Vanguard funds to borrow money from and lend money to each other for temporary or emergency purposes (the “Interfund Lending Program”), subject to compliance with the terms and conditions of the Order, and to the extent permitted by the fund’s investment objective and investment policies. Interfund loans and borrowings normally extend overnight, but can have a maximum duration of seven days. Loans may be called on one business day’s notice. The interest rate to be charged is governed by the conditions of the Order and internal procedures adopted by the board of trustees. The board of trustees is responsible for overseeing the Interfund Lending Program.
For the year ended October 31, 2020, the fund did not utilize the credit facilities or the Interfund Lending Program.
27 |
Total World Stock Index Fund
10. Other: Dividend income is recorded on the ex-dividend date. Interest income includes income distributions received from Vanguard Market Liquidity Fund and is accrued daily. Premiums and discounts on debt securities are amortized and accreted, respectively, to interest income over the lives of the respective securities, except for premiums on certain callable debt securities that are amortized to the earliest call date. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.
Taxes on foreign dividends and capital gains have been provided for in accordance with the fund’s understanding of the applicable countries’ tax rules and rates. Foreign capital gains tax, if any, is accrued daily based upon applicable net unrealized gains. The fund has filed tax reclaims for previously withheld taxes on dividends earned in certain European Union countries. These filings are subject to various administrative and judicial proceedings within these countries. Such tax reclaims received during the year, if any, are included in dividend income. No other amounts for additional tax reclaims are reflected in the financial statements due to the uncertainty as to the ultimate resolution of proceedings, the likelihood of receipt of these reclaims, and the potential timing of payment.
Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.
B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees and are generally settled twice a month.
Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At October 31, 2020, the fund had contributed to Vanguard capital in the amount of $851,000, representing less than 0.01% of the fund’s net assets and 0.34% of Vanguard’s capital received pursuant to the FSA. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.
C. Various inputs may be used to determine the value of the fund’s investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.
28 |
Total World Stock Index Fund
The following table summarizes the market value of the fund’s investments and derivatives as of October 31, 2020, based on the inputs used to value them:
Level 1 | Level 2 | Level 3 | Total | |
($000) | ($000) | ($000) | ($000) | |
Investments | ||||
Assets | ||||
Common Stocks—International | 1,088,852 | 7,416,922 | 3,253 | 8,509,027 |
Common Stocks—United States | 11,386,866 | 184 | 8 | 11,387,058 |
Temporary Cash Investments | 181,913 | 7,500 | — | 189,413 |
Total | 12,657,631 | 7,424,606 | 3,261 | 20,085,498 |
Derivative Financial Instruments | ||||
Assets | ||||
Forward Currency Contracts | — | 63 | — | 63 |
Swap Contracts | — | 3 | — | 3 |
Total | — | 66 | — | 66 |
Liabilities | ||||
Futures Contracts1 | 1,046 | — | — | 1,046 |
Forward Currency Contracts | — | 652 | — | 652 |
Total | 1,046 | 652 | — | 1,698 |
1 Represents variation margin on the last day of the reporting period.
D. At October 31, 2020, the fair values of derivatives were reflected in the Statement of Assets and Liabilities as follows:
Foreign | |||
Equity | Exchange | ||
Contracts | Contracts | Total | |
Statement of Assets and Liabilities Caption | ($000) | ($000) | ($000) |
Unrealized Appreciation—Over-the-Counter Swap Contracts | 3 | — | 3 |
Unrealized Appreciation—Forward Currency Contracts | — | 63 | 63 |
Total Assets | 3 | 63 | 66 |
Variation Margin Payable—Futures Contracts | 1,046 | — | 1,046 |
Unrealized Depreciation—Forward Currency Contracts | — | 652 | 652 |
Total Liabilities | 1,046 | 652 | 1,698 |
29 |
Total World Stock Index Fund
Realized net gain (loss) and the change in unrealized appreciation (depreciation) on derivatives for the year ended October 31, 2020, were:
Foreign | |||
Equity | Exchange | ||
Contracts | Contracts | Total | |
Realized Net Gain (Loss) on Derivatives | ($000) | ($000) | ($000) |
Futures Contracts | 14,076 | — | 14,076 |
Swap Contracts | 44 | — | 44 |
Forward Currency Contracts | — | 647 | 647 |
Realized Net Gain (Loss) on Derivatives | 14,120 | 647 | 14,767 |
Change in Unrealized Appreciation (Depreciation) on Derivatives | |||
Futures Contracts | (5,073) | — | (5,073) |
Swap Contracts | 3 | — | 3 |
Forward Currency Contracts | — | (675) | (675) |
Change in Unrealized Appreciation (Depreciation) on Derivatives | (5,070) | (675) | (5,745) |
E. Permanent differences between book-basis and tax-basis components of net assets are reclassified among capital accounts in the financial statements to reflect their tax character. These reclassifications have no effect on net assets or net asset value per share. As of period end, permanent differences primarily attributable to the accounting for in-kind redemptions, foreign currency transactions, passive foreign investment companies, swap agreements, and tax expense on capital gains were reclassified between the following accounts:
Amount | |
($000) | |
Paid-in Capital | 280,027 |
Total Distributable Earnings (Loss) | (280,027) |
30 |
Total World Stock Index Fund
Temporary differences between book-basis and tax-basis components of total distributable earnings (loss) arise when certain items of income, gain, or loss are recognized in different periods for financial statement and tax purposes; these differences will reverse at some time in the future. The differences are primarily related to the deferral of losses from wash sales; the recognition of unrealized gains or losses from certain derivative contracts; the recognition of unrealized gains from passive foreign investment companies; and the classification of securities for tax purposes. As of period end, the tax-basis components of total distributable earnings (loss) are detailed in the table as follows:
Amount | |
($000) | |
Undistributed Ordinary Income | 78,519 |
Undistributed Long-Term Gains | — |
Capital Loss Carryforwards | (572,541) |
Qualified Late-Year Losses | — |
Net Unrealized Gains (Losses) | 3,321,987 |
The tax character of distributions paid was as follows:
Year Ended October 31, | ||
2020 | 2019 | |
Amount | Amount | |
($000) | ($000) | |
Ordinary Income* | 390,636 | 409,843 |
Long-Term Capital Gains | — | — |
Total | 390,636 | 409,843 |
* Includes short-term capital gains, if any.
As of October 31, 2020, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:
Amount | |
($000) | |
Tax Cost | 16,763,797 |
Gross Unrealized Appreciation | 5,957,782 |
Gross Unrealized Depreciation | (2,636,551) |
Net Unrealized Appreciation (Depreciation) | 3,321,231 |
F. During the year ended October 31, 2020, the fund purchased $3,853,410,000 of investment securities and sold $1,797,625,000 of investment securities, other than temporary cash investments. Purchases and sales include $1,850,736,000 and $672,760,000, respectively, in connection with in-kind purchases and redemptions of the fund’s capital shares.
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Total World Stock Index Fund
G. Capital share transactions for each class of shares were:
Year Ended October 31, | |||||
2020 | 2019 | ||||
Amount | Shares | Amount | Shares | ||
($000) | (000) | ($000) | (000) | ||
Investor Shares | |||||
Issued | 70 | 2 | 630,879 | 21,710 | |
Issued in Lieu of Cash Distributions | — | — | 21,983 | 796 | |
Redeemed1 | (3,664) | (115) | (2,458,932) | (81,377) | |
Net Increase (Decrease)—Investor Shares | (3,594) | (113) | (1,806,070) | (58,871) | |
ETF Shares | |||||
Issued | 2,214,590 | 30,406 | 2,079,424 | 30,218 | |
Issued in Lieu of Cash Distributions | — | — | — | — | |
Redeemed | (721,234) | (9,800) | (2,544,218) | (35,000) | |
Net Increase (Decrease)—ETF Shares | 1,493,356 | 20,606 | (464,794) | (4,782) | |
Admiral Shares2 | |||||
Issued1 | 1,409,764 | 55,845 | 2,297,847 | 86,966 | |
Issued in Lieu of Cash Distributions | 45,953 | 1,739 | 19,351 | 734 | |
Redeemed | (925,591) | (35,995) | (199,955) | (7,577) | |
Net Increase (Decrease)—Admiral Shares | 530,126 | 21,589 | 2,117,243 | 80,123 | |
Institutional Shares | |||||
Issued | 964,601 | 6,259 | 735,413 | 4,994 | |
Issued in Lieu of Cash Distributions | 61,520 | 403 | 64,388 | 446 | |
Redeemed | (931,604) | (6,011) | (715,851) | (4,793) | |
Net Increase (Decrease)—Institutional Shares | 94,517 | 651 | 83,950 | 647 |
1 | In November 2018, the fund announced changes to the availability and minimum investment criteria of the Investor and Admiral share classes. As a result, all of the outstanding Investor Shares automatically converted to Admiral Shares beginning in April 2019, with the exception of those held by Vanguard funds and certain other institutional investors. Investor Shares—Redeemed and Admiral Shares—Issued include 73,932 and 85,057 shares, respectively, in the amount of $2,357,000 from the conversion during the year ended October 31, 2020. Investor Shares—Redeemed and Admiral Shares—Issued include 58,384,000 and 67,167,000 shares, respectively, in the amount of $1,755,147,000 from the conversion during the year ended October 31, 2019. |
2 | Inception was February 7, 2019, for Admiral Shares. |
H. Management has determined that no events or transactions occurred subsequent to October 31, 2020, that would require recognition or disclosure in these financial statements.
32 |
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of Vanguard International Equity Index Funds and Shareholders of Vanguard Total World Stock Index Fund
Opinion on the Financial Statements
We have audited the accompanying statement of assets and liabilities, including the schedule of investments-investments summary, of Vanguard Total World Stock Index Fund (one of the funds constituting Vanguard International Equity Index Funds, referred to hereafter as the “Fund”) as of October 31, 2020, the related statement of operations for the year ended October 31, 2020, the statement of changes in net assets for each of the two years in the period ended October 31, 2020, including the related notes, and the financial highlights for each of the periods indicated therein (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of October 31, 2020, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended October 31, 2020 and the financial highlights for each of the periods indicated therein in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Fund’s management. Our responsibility is to express an opinion on the Fund’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of October 31, 2020 by correspondence with the custodian and brokers and by agreement to the underlying ownership records of the transfer agent; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.
/s/PricewaterhouseCoopers LLP
Philadelphia, Pennsylvania
December 17, 2020
We have served as the auditor of one or more investment companies in The Vanguard Group of Funds since 1975.
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Special 2020 tax information (unaudited) for Vanguard Total World Stock Index Fund
This information for the fiscal year ended October 31, 2020, is included pursuant to provisions of the Internal Revenue Code.
The fund distributed $341,286,000 of qualified dividend income to shareholders during the fiscal year.
For corporate shareholders, 44.1% of investment income (dividend income plus short-term gains, if any) qualifies for the dividends-received deduction.
The fund distributed 10,339,000 of qualified business income to shareholders during the fiscal year.
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London Stock Exchange Group companies include FTSE International Limited (“FTSE”), Frank Russell Company (“Russell”), MTS Next Limited (“MTS”), and FTSE TMX Global Debt Capital Markets Inc. (“FTSE TMX”). All rights reserved. “FTSE®”, “Russell®”, “MTS®”, “FTSE TMX®” and “FTSE Russell” and other service marks and trademarks related to the FTSE or Russell indexes are trademarks of the London Stock Exchange Group companies and are used by FTSE, MTS, FTSE TMX and Russell under license. All information is provided for information purposes only. Every effort is made to ensure that all information given in this publication is accurate, but no responsibility or liability can be accepted by the London Stock Exchange Group companies nor its licensors for any errors or for any loss from use of this publication. Neither the London Stock Exchange Group companies nor any of their licensors make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the Indices or the fitness or suitability of the Indices for any particular purpose to which they might be put. The London Stock Exchange Group companies do not provide investment advice and nothing in this document should be taken as constituting financial or investment advice. The London Stock Exchange Group companies make no representation regarding the advisability of investing in any asset. A decision to invest in any such asset should not be made in reliance on any information herein. Indexes cannot be invested in directly. Inclusion of an asset in an index is not a recommendation to buy, sell or hold that asset. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. No part of this information may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission of the London Stock Exchange Group companies. Distribution of the London Stock Exchange Group companies’ index values and the use of their indexes to create financial products require a license with FTSE, FTSE TMX, MTS and/or Russell and/or its licensors.
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The People Who Govern Your Fund
The trustees of your mutual fund are there to see that the fund is operated and managed in your best interests since, as a shareholder, you are a part owner of the fund. Your fund’s trustees also serve on the board of directors of The Vanguard Group, Inc., which is owned by the Vanguard funds and provides services to them.
A majority of Vanguard’s board members are independent, meaning that they have no affiliation with Vanguard or the funds they oversee, apart from the sizable personal investments they have made as private individuals. The independent board members have distinguished backgrounds in business, academia, and public service. Each of the trustees and executive officers oversees 213 Vanguard funds.
Information for each trustee and executive officer of the fund appears below. That information, as well as the Vanguard fund count, is as of the date on the cover of this fund report. The mailing address of the trustees and officers is P.O. Box 876, Valley Forge, PA 19482. More information about the trustees is in the Statement of Additional Information, which can be obtained, without charge, by contacting Vanguard at 800-662-7447, or online at vanguard.com.
Interested Trustee1
Mortimer J. Buckley
Born in 1969. Trustee since January 2018. Principal occupation(s) during the past five years and other experience: chairman of the board (2019–present) of Vanguard and of each of the investment companies served by Vanguard; chief executive officer (2018– present) of Vanguard; chief executive officer, president, and trustee (2018–present) of each of the investment companies served by Vanguard; president and director (2017–present) of Vanguard; and president (2018–present) of Vanguard Marketing Corporation. Chief investment officer (2013–2017), managing director (2002–2017), head of the Retail Investor Group (2006–2012), and chief information officer (2001–2006) of Vanguard. Chairman of the board (2011–2017) and trustee (2009–2017) of the Children’s Hospital of Philadelphia; and trustee (2018–present) and vice chair (2019–present) of The Shipley School.
Independent Trustees
Emerson U. Fullwood
Born in 1948. Trustee since January 2008. Principal occupation(s) during the past five years and other experience: executive chief staff and marketing officer for North America and corporate vice president (retired 2008) of Xerox Corporation (document management products and services). Former president of the Worldwide Channels Group, Latin America, and Worldwide Customer Service and executive chief staff officer of Developing Markets of Xerox. Executive in residence and 2009–2010 Distinguished Minett Professor at the Rochester Institute of Technology. Director of SPX FLOW, Inc. (multi-industry manufac-turing). Director of the University of Rochester Medical Center, the Monroe Community College Foundation, the United Way of Rochester, North Carolina A&T University, and Roberts Wesleyan College. Trustee of the University of Rochester.
Amy Gutmann
Born in 1949. Trustee since June 2006. Principal occupation(s) during the past five years and other experience: president (2004–present) of the University of Pennsylvania. Christopher H. Browne Distinguished Professor of Political Science, School of Arts and Sciences, and professor of communication, Annenberg School for Communication, with secondary faculty appointments in the Department of Philosophy, School of Arts and Sciences, and at the Graduate School of Education, University of Pennsylvania.
F. Joseph Loughrey
Born in 1949. Trustee since October 2009. Principal occupation(s) during the past five years and other experience: president and chief operating officer (retired 2009) and vice chairman of the board (2008–2009) of Cummins Inc. (industrial machinery). Chairman of the board of Hillenbrand, Inc. (specialized consumer services) and the Lumina Foundation. Director of the V Foundation. Member of the advisory
1 | Mr. Buckley is considered an “interested person,” as defined in the Investment Company Act of 1940, because he is an officer of the Vanguard funds. |
council for the College of Arts and Letters and chair of the advisory board to the Kellogg Institute for International Studies, both at the University of Notre Dame.
Mark Loughridge
Born in 1953. Trustee since March 2012. Principal occupation(s) during the past five years and other experience: senior vice president and chief financial officer (retired 2013) of IBM (information technology services). Fiduciary member of IBM’s Retirement Plan Committee (2004–2013), senior vice president and general manager (2002–2004) of IBM Global Financing, vice president and controller (1998–2002) of IBM, and a variety of other prior management roles at IBM. Member of the Council on Chicago Booth.
Scott C. Malpass
Born in 1962. Trustee since March 2012. Principal occupation(s) during the past five years and other experience: chief investment officer (retired June 2020) and vice president (retired June 2020) of the University of Notre Dame. Assistant professor of finance at the Mendoza College of Business, University of Notre Dame, and member of the Notre Dame 403(b) Investment Committee (retired June 2020). Member of the board of Catholic Investment Services, Inc. (investment advisors) and the board of superintendence of the Institute for the Works of Religion.
Deanna Mulligan
Born in 1963. Trustee since January 2018. Principal occupation(s) during the past five years and other experience: board chair (2020–present), chief executive officer (2011–2020), and president (2010–2019) of The Guardian Life Insurance Company of America. Chief operating officer (2010–2011) and executive vice president (2008–2010) of the individual life and disability division of Guardian Life. Member of the board of the American Council of Life Insurers and the board of the Economic Club of New York. Trustee of the Partnership for New York City (business leadership), Chief Executives for Corporate Purpose, NewYork-Presbyterian Hospital, Catalyst, and the Bruce Museum (arts and science). Member of the Advisory Council for the Stanford Graduate School of Business.
André F. Perold
Born in 1952. Trustee since December 2004. Principal occupation(s) during the past five years and other experience: George Gund Professor of Finance and Banking, Emeritus at the Harvard Business School (retired 2011). Chief investment officer and co-managing partner of HighVista Strategies (private investment firm). Member of the board of advisors and member of the investment committee of the Museum of Fine Arts Boston. Member of the board (2018–present) of RIT Capital Partners (investment firm). Member of the investment committee of Partners Health Care System.
Sarah Bloom Raskin
Born in 1961. Trustee since January 2018. Principal occupation(s) during the past five years and other experience: deputy secretary (2014–2017) of the United States Department of the Treasury. Governor (2010–2014) of the Federal Reserve Board. Commissioner (2007–2010) of financial regulation for the State of Maryland. Member of the board of directors (2012–2014) of Neighborhood Reinvestment Corporation. Director (2017–present) of i(x) Investments, LLC; director (2017–present) of Reserve Trust. Rubenstein Fellow (2017–present) of Duke University; trustee (2017–present) of Amherst College, and trustee (2019–present) of the Folger Shakespeare Library.
Peter F. Volanakis
Born in 1955. Trustee since July 2009. Principal occupation(s) during the past five years and other experience: president and chief operating officer (retired 2010) of Corning Incorporated (communications equipment) and director of Corning Incorporated (2000–2010) and Dow Corning (2001–2010). Director (2012) of SPX Corporation (multi-industry manufacturing). Overseer of the Amos Tuck School of Business Administration, Dartmouth College (2001–2013). Chairman of the board of trustees of Colby-Sawyer College. Member of the board of Hypertherm Inc. (industrial cutting systems, software, and consumables).
Executive Officers
John Bendl
Born in 1970. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Chief financial officer (2019–present) of each of the investment companies served by Vanguard. Chief accounting officer, treasurer, and controller of Vanguard (2017–present). Partner (2003–2016) at KPMG (audit, tax, and advisory services).
Christine M. Buchanan
Born in 1970. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Treasurer (2017–present) of each of the investment companies served by Vanguard. Partner (2005–2017) at KPMG (audit, tax, and advisory services).
David Cermak
Born in 1960. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Finance director (2019–present) of each of the investment companies served by Vanguard. Managing director and head (2017–present) of Vanguard Investments Singapore. Managing director and head (2017–2019) of Vanguard Investments Hong Kong. Representative director and head (2014–2017) of Vanguard Investments Japan.
John Galloway
Born in 1973. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Investment stewardship officer (September 2020–present) of each of the investment companies served by Vanguard. Head of Investor Advocacy (February 2020–present) and head of Marketing Strategy and Planning (2017–2020) at Vanguard. Deputy assistant to the President of the United States (2015).
Thomas J. Higgins
Born in 1957. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Finance director (2019–present), chief financial officer (2008–2019), and treasurer (1998–2008) of each of the investment companies served by Vanguard.
Peter Mahoney
Born in 1974. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Controller (2015–present) of each of the investment companies served by Vanguard. Head of International Fund Services (2008–2014) at Vanguard.
Anne E. Robinson
Born in 1970. Principal occupation(s) during the past five years and other experience: general counsel (2016–present) of Vanguard. Secretary (2016–present) of Vanguard and of each of the investment companies served by Vanguard. Managing director (2016–present) of Vanguard. Managing director and general counsel of Global Cards and Consumer Services (2014–2016) at Citigroup. Counsel (2003–2014) at American Express.
Michael Rollings
Born in 1963. Principal occupation(s) during the past five years and other experience: finance director (2017–present) and treasurer (2017) of each of the investment companies served by Vanguard. Managing director (2016–present) of Vanguard. Chief financial officer (2016–present) of Vanguard. Director (2016–present) of Vanguard Marketing Corporation. Executive vice president and chief financial officer (2006–2016) of MassMutual Financial Group.
John E. Schadl
Born in 1972. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Chief compliance officer (2019–present) of Vanguard and of each of the investment companies served by Vanguard. Assistant vice president (2019–present) of Vanguard Marketing Corporation.
Vanguard Senior Management Team
Joseph Brennan | James M. Norris |
Mortimer J. Buckley | Thomas M. Rampulla |
Gregory Davis | Karin A. Risi |
John James | Anne E. Robinson |
John T. Marcante | Michael Rollings |
Chris D. McIsaac | Lauren Valente |
Connect with Vanguard® > vanguard.com
Fund Information > 800-662-7447
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This material may be used in conjunction with the offering of shares of any Vanguard fund only if preceded or accompanied by the fund’s current prospectus.
All comparative mutual fund data are from Morningstar, Inc., unless otherwise noted.
You can obtain a free copy of Vanguard’s proxy voting guidelines by visiting vanguard.com/proxyreporting or by calling Vanguard at 800-662-2739. The guidelines are also available from the SEC’s website, www.sec.gov. In addition, you may obtain a free report on how your fund voted the proxies for securities it owned during the 12 months ended June 30. To get the report, visit either vanguard.com/proxyreporting or www.sec.gov.
You can review information about your fund on the SEC’s website, and you can receive copies of this information, for a fee, by sending a request via email addressed to publicinfo@sec.gov.
Source for Bloomberg Barclays indexes: Bloomberg Index Services Limited. Copyright 2020, Bloomberg. All rights reserved.
© 2020 The Vanguard Group, Inc. All rights reserved. | |
U.S. Patent Nos. 6,879,964; 7,337,138; | |
7,720,749; 7,925,573; 8,090,646; 8,417,623; and 8,626,636. | |
Vanguard Marketing Corporation, Distributor. | |
Q6280 122020 |
Annual Report | October 31, 2020 | |
Vanguard FTSE International Index Funds | |
Vanguard FTSE All-World ex-US Index Fund | |
Vanguard FTSE All-World ex-US Small-Cap Index Fund | |
See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports. | |
Important information about access to shareholder reports
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report.
If you have already elected to receive shareholder reports electronically, you will not be affected by this change and do not need to take any action. You may elect to receive shareholder reports and other communications from the fund electronically by contacting your financial intermediary (such as a broker-dealer or bank) or, if you invest directly with the fund, by calling Vanguard at one of the phone numbers on the back cover of this report or by logging on to vanguard.com.
You may elect to receive paper copies of all future shareholder reports free of charge. If you invest through a financial intermediary, you can contact the intermediary to request that you continue to receive paper copies. If you invest directly with the fund, you can call Vanguard at one of the phone numbers on the back cover of this report or log on to vanguard.com. Your election to receive paper copies will apply to all the funds you hold through an intermediary or directly with Vanguard.
Contents
Your Fund’s Performance at a Glance | 1 |
About Your Fund’s Expenses | 2 |
FTSE All-World ex-US Index Fund | 4 |
FTSE All-World ex-US Small-Cap Index Fund | 33 |
Please note: The opinions expressed in this report are just that—informed opinions. They should not be considered promises or advice. Also, please keep in mind that the information and opinions cover the period through the date on the front of this report. Of course, the risks of investing in your fund are spelled out in the prospectus.
Your Fund’s Performance at a Glance
· For the 12 months ended October 31, 2020, returns for Vanguard FTSE All-World ex-US Index Fund ranged from –1.89% for Admiral Shares to –1.83% for Institutional Plus and ETF Shares. (ETF returns are based on net asset value.) For Vanguard FTSE All-World ex-US Small-Cap Index Fund, returns ranged from –0.84% for Admiral Shares to –0.81% for Institutional and ETF Shares. The Small-Cap Index Fund’s return was higher than the –1.30% return of its benchmark in part because of differences in the prices of securities used by the fund to calculate its net asset value and the quoted or published prices for the same securities.1
· The period was marked by the global spread of COVID-19 and efforts to contain it, including lockdowns, the shuttering of nonessential businesses, and travel restrictions. However, responses from policymakers, the start of trials for vaccines and treatments, and the easing of some pandemic-related restrictions eventually lifted investor sentiment. The U.S. stock market rebounded more strongly than emerging markets—and much more strongly than developed markets outside the U.S.
· Emerging markets contributed most to returns for the Index Fund, while Pacific-region stocks contributed most to returns for the Small-Cap Index Fund.
· Technology, consumer discretionary, and health care were among the top-contributing sectors for the Index Fund. For the Small-Cap Index Fund, basic materials, health care, and technology were among the leaders.
Market Barometer
Average Annual Total Returns | |||
Periods Ended October 31, 2020 | |||
One Year | Three Years | Five Years | |
Stocks | |||
Russell 1000 Index (Large-caps) | 10.87% | 10.63% | 11.79% |
Russell 2000 Index (Small-caps) | -0.14 | 2.19 | 7.27 |
Russell 3000 Index (Broad U.S. market) | 10.15 | 10.04 | 11.48 |
FTSE All-World ex US Index (International) | -2.17 | 0.13 | 4.52 |
Bonds | |||
Bloomberg Barclays U.S. Aggregate Bond Index (Broad taxable market) | 6.19% | 5.06% | 4.08% |
Bloomberg Barclays Municipal Bond Index (Broad tax-exempt market) | 3.59 | 4.09 | 3.70 |
FTSE Three-Month U.S. Treasury Bill Index | 0.86 | 1.62 | 1.15 |
CPI | |||
Consumer Price Index | 1.18% | 1.82% | 1.83% |
1 See Note 1 in the Notes to Financial Statements.
1
About Your Fund’s Expenses
As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.
A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.
The accompanying table illustrates your fund’s costs in two ways:
· Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The ”Ending Account Value“ shown is derived from the fund‘s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.
To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading ”Expenses Paid During Period.“
· Based on hypothetical 5% yearly return. This section is intended to help you compare your fund‘s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.
Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.”
The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.
You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.
2
Six Months Ended October 31, 2020
Beginning | Ending | Expenses | |
Account Value | Account Value | Paid During | |
4/30/2020 | 10/31/2020 | Period | |
Based on Actual Fund Return | |||
FTSE All-World ex-US Index Fund | |||
ETF Shares | $1,000.00 | $1,135.98 | $0.43 |
Admiral™ Shares | 1,000.00 | 1,135.96 | 0.59 |
Institutional Shares | 1,000.00 | 1,135.88 | 0.43 |
Institutional Plus Shares | 1,000.00 | 1,136.16 | 0.32 |
FTSE All-World ex-US Small-Cap Index Fund | |||
ETF Shares | $1,000.00 | $1,169.57 | $0.60 |
Admiral Shares | 1,000.00 | 1,169.24 | 0.87 |
Institutional Shares | 1,000.00 | 1,169.51 | 0.60 |
Based on Hypothetical 5% Yearly Return | |||
FTSE All-World ex-US Index Fund | |||
ETF Shares | $1,000.00 | $1,024.73 | $0.41 |
Admiral Shares | 1,000.00 | 1,024.58 | 0.56 |
Institutional Shares | 1,000.00 | 1,024.73 | 0.41 |
Institutional Plus Shares | 1,000.00 | 1,024.84 | 0.31 |
FTSE All-World ex-US Small-Cap Index Fund | |||
ETF Shares | $1,000.00 | $1,024.58 | $0.56 |
Admiral Shares | 1,000.00 | 1,024.33 | 0.81 |
Institutional Shares | 1,000.00 | 1,024.58 | 0.56 |
The calculations are based on expenses incurred in the most recent six-month period. The funds’ annualized six-month expense ratios for that period are: for the FTSE All-World ex-US Index Fund, 0.08% for ETF Shares, 0.11% for Admiral Shares, 0.08% for Institutional Shares, and 0.06% for Institutional Plus Shares; and for the FTSE All-World ex-US Small-Cap Index Fund, 0.11% for ETF Shares, 0.16% for Admiral Shares, and 0.11% for Institutional Shares. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (184/366).
3
FTSE All-World ex-US Index Fund
Performance Summary
All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.
Cumulative Performance: October 31, 2010, Through October 31, 2020
Initial Investment of $10,000
Average Annual Total Returns | |||||
Periods Ended October 31, 2020 | |||||
Final Value | |||||
One | Five | Ten | of a $10,000 | ||
Year | Years | Years | Investment | ||
![]() | FTSE All-World ex-US Index Fund | ||||
ETF Shares Net Asset Value | -1.83% | 4.64% | 3.69% | $14,363 | |
FTSE All-World ex-US Index Fund | |||||
ETF Shares Market Price | -1.75 | 4.63 | 3.67 | 14,340 | |
![]() | FTSE All-World ex US Index | -2.17 | 4.52 | 3.75 | 14,457 |
![]() | FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.75 | 14,452 |
Since | Final Value | |||
One | Five | Inception | of a $10,000 | |
Year | Years | (9/27/2011) | Investment | |
FTSE All-World ex-US Index Fund Admiral Shares | -1.89% | 4.61% | 5.59% | $16,392 |
FTSE All-World ex US Index | -2.17 | 4.52 | 5.59 | 16,401 |
FTSE Global All Cap ex US Index | -2.10 | 4.47 | 5.59 | 16,394 |
"Since Inception" performance is calculated from the Admiral Shares’ inception date for both the fund and its comparative standard(s).
See Financial Highlights for dividend and capital gains information.
4 |
FTSE All-World ex-US Index Fund
Average Annual Total Returns | ||||
Periods Ended October 31, 2020 | ||||
Final Value | ||||
One | Five | Ten | of a $5,000,000 | |
Year | Years | Years | Investment | |
FTSE All-World ex-US Index Fund Institutional Shares | -1.87% | 4.64% | 3.70% | $7,191,143 |
FTSE All-World ex US Index | -2.17 | 4.52 | 3.75 | 7,228,520 |
FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.75 | 7,226,072 |
Since | Final Value | |||
One | Five | Inception | of a $100,000,000 | |
Year | Years | (12/16/2010) | Investment | |
FTSE All-World ex-US Index Fund Institutional Plus Shares | -1.83% | 4.66% | 3.61% | $141,941,068 |
FTSE All-World ex US Index | -2.17 | 4.52 | 3.67 | 142,731,926 |
FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.64 | 142,400,033 |
"Since Inception" performance is calculated from the Institutional Plus Shares’ inception date for both the fund and its comparative standard(s).
Cumulative Returns of ETF Shares: October 31, 2010, Through October 31, 2020 | |||
One | Five | Ten | |
Year | Years | Years | |
FTSE All-World ex-US Index Fund ETF Shares Market Price | -1.75% | 25.40% | 43.38% |
FTSE All-World ex-US Index Fund ETF Shares Net Asset Value | -1.83 | 25.45 | 43.63 |
FTSE All-World ex US Index | -2.17 | 24.74 | 44.57 |
For the ETF Shares, the market price is determined by the midpoint of the bid-offer spread as of the closing time of the New York Stock Exchange (generally 4 p.m., Eastern time). The net asset value is also determined as of the NYSE closing time. For more information about how the ETF Shares' market prices have compared with their net asset value, visit vanguard.com, select your ETF, and then select the Price and Performance tab. The ETF premium/discount analysis there shows the percentages of days on which the ETF Shares' market price was above or below the NAV.
5 |
FTSE All-World ex-US Index Fund
Fund Allocation
As of October 31, 2020
Basic Materials | 6.7% |
Consumer Discretionary | 15.5 |
Consumer Staples | 8.4 |
Energy | 4.3 |
Financials | 17.5 |
Health Care | 10.0 |
Industrials | 13.2 |
Real Estate | 2.8 |
Technology | 14.0 |
Telecommunications | 4.2 |
Utilities | 3.4 |
The table reflects the fund’s investments, except for short-term investments and derivatives. Sector categories are based on the Industry Classification Benchmark (“ICB”), except for the “Other” category (if applicable), which includes securities that have not been provided an ICB classification as of the effective reporting period.
The fund may invest in derivatives (such as futures and swap contracts) for various reasons, including, but not limited to, at-tempting to remain fully invested and tracking its target index as closely as possible.
The Industry Classification Benchmark (“ICB”) is owned by FTSE. FTSE does not accept any liability to any person for any loss or damage arising out of any error or omission in the ICB.
6 |
FTSE All-World ex-US Index Fund
Financial Statements
Schedule of Investments—Investments Summary
As of October 31, 2020
This Statement summarizes the fund’s holdings by asset type. Details are reported for each of the fund’s 50 largest individual holdings and for investments that, in total for any issuer, represent more than 1% of the fund’s net assets. The total value of smaller holdings is reported as a single amount within each category.
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) four times in each fiscal year. For the second and fourth quarters the complete list of the fund’s holdings is available on vanguard.com and on Form N-CSR, or you can have it mailed to you without charge by calling 800-662-7447. For the first and third quarters of each fiscal year, the complete list of the fund’s holdings is available as an exhibit to its reports on Form N-PORT. The fund’s Form N-CSR and Form N-PORT reports are available on the SEC’s website at www.sec.gov.
Market | Percentage | |||
Value• | of Net | |||
Shares | ($000) | Assets | ||
Common Stocks | ||||
Australia | ||||
CSL Ltd. | 805,734 | 163,128 | 0.4% | |
Commonwealth Bank of Australia | 3,159,548 | 153,402 | 0.4% | |
BHP Group Ltd. | 5,253,398 | 125,933 | 0.3% | |
Australia—Other † | 1,376,949 | 3.5% | ||
1,819,412 | 4.6% | |||
Austria † | 39,631 | 0.1% | ||
Belgium † | 227,355 | 0.6% | ||
Brazil | ||||
CPFL Energia SA | 369,600 | 1,795 | 0.0% | |
1 | Brazil—Other † | 540,168 | 1.4% | |
541,963 | 1.4% | |||
Canada | ||||
Royal Bank of Canada | 2,530,167 | 176,920 | 0.5% | |
* | Shopify Inc. Class A (XTSE) | 187,944 | 173,263 | 0.4% |
Toronto-Dominion Bank | 3,210,567 | 141,648 | 0.4% | |
Canadian National Railway Co. | 1,265,089 | 125,673 | 0.3% | |
Enbridge Inc. (XTSE) | 3,565,305 | 98,238 | 0.3% | |
1 | Canada—Other † | 1,429,831 | 3.6% | |
2,145,573 | 5.5% | |||
Chile † | 61,481 | 0.1% | ||
China | ||||
* | Alibaba Group Holding Ltd. ADR | 3,121,237 | 951,010 | 2.4% |
Tencent Holdings Ltd. | 10,181,801 | 777,947 | 2.0% | |
* | Meituan Dianping Class B | 6,379,513 | 237,823 | 0.6% |
7 |
FTSE All-World ex-US Index Fund
Market | Percentage | |||
Value• | of Net | |||
Shares | ($000) | Assets | ||
* | JD.com Inc. ADR | 1,522,117 | 124,083 | 0.3% |
China Construction Bank Corp. Class H | 160,949,544 | 110,912 | 0.3% | |
Ping An Insurance Group Co. of China Ltd. | 9,180,189 | 94,920 | 0.3% | |
Industrial & Commercial Bank of China Ltd. Class H | 142,722,640 | 81,047 | 0.2% | |
China Mobile Ltd. | 9,450,067 | 57,802 | 0.2% | |
Bank of China Ltd. Class H | 139,967,788 | 44,210 | 0.1% | |
China Life Insurance Co. Ltd. Class H | 13,691,341 | 29,873 | 0.1% | |
CNOOC Ltd. | 28,661,400 | 26,224 | 0.1% | |
China Resources Land Ltd. | 4,910,214 | 20,081 | 0.1% | |
* | Alibaba Health Information Technology Ltd. | 7,419,236 | 19,456 | 0.1% |
Agricultural Bank of China Ltd. Class H | 56,980,233 | 19,386 | 0.1% | |
China Petroleum & Chemical Corp. Class H | 46,891,284 | 18,310 | 0.1% | |
China Resources Beer Holdings Co. Ltd. | 2,807,860 | 17,422 | 0.1% | |
China Overseas Land & Investment Ltd. | 6,887,820 | 17,301 | 0.1% | |
China Shenhua Energy Co. Ltd. Class H | 6,566,888 | 11,378 | 0.1% | |
PetroChina Co. Ltd. Class H | 37,277,234 | 10,469 | 0.1% | |
1 | Postal Savings Bank of China Co. Ltd. Class H | 16,975,000 | 8,331 | 0.0% |
PICC Property & Casualty Co. Ltd. Class H | 12,160,594 | 8,254 | 0.0% | |
China Telecom Corp. Ltd. Class H | 24,909,541 | 7,819 | 0.0% | |
Agricultural Bank of China Ltd. Class A | 15,598,400 | 7,339 | 0.0% | |
China Tourism Group Duty Free Corp. Ltd. Class A | 244,753 | 7,296 | 0.0% | |
China Resources Gas Group Ltd. | 1,608,547 | 6,989 | 0.0% | |
China CITIC Bank Corp. Ltd. Class H | 16,708,362 | 6,800 | 0.0% | |
CITIC Ltd. | 8,789,275 | 6,284 | 0.0% | |
Industrial & Commercial Bank of China Ltd. Class A | 7,628,100 | 5,606 | 0.0% | |
Sinopharm Group Co. Ltd. Class H | 2,252,603 | 5,175 | 0.0% | |
China Yangtze Power Co. Ltd. Class A | 1,815,479 | 5,150 | 0.0% | |
China Resources Cement Holdings Ltd. | 3,913,334 | 5,124 | 0.0% | |
China Construction Bank Corp. Class A | 5,289,000 | 4,970 | 0.0% | |
China Communications Construction Co. Ltd. Class H | 8,763,026 | 4,589 | 0.0% | |
1 | CGN Power Co. Ltd. Class H | 21,230,267 | 4,553 | 0.0% |
1 | People’s Insurance Co. Group of China Ltd. Class H | 14,718,161 | 4,380 | 0.0% |
China Longyuan Power Group Corp. Ltd. Class H | 6,120,785 | 4,195 | 0.0% | |
China State Construction Engineering Corp. Ltd. Class A | 5,207,829 | 3,981 | 0.0% | |
1 | China Galaxy Securities Co. Ltd. Class H | 7,042,277 | 3,865 | 0.0% |
China Taiping Insurance Holdings Co. Ltd. | 2,535,164 | 3,828 | 0.0% | |
Dongfeng Motor Group Co. Ltd. Class H | 5,082,627 | 3,580 | 0.0% | |
China Life Insurance Co. Ltd. Class A | 514,300 | 3,549 | 0.0% | |
China Resources Power Holdings Co. Ltd. | 3,376,409 | 3,514 | 0.0% | |
Kunlun Energy Co. Ltd. | 5,395,523 | 3,493 | 0.0% | |
Shanghai Baosight Software Co. Ltd. Class B | 848,545 | 3,314 | 0.0% | |
Bank of China Ltd. Class A | 6,770,623 | 3,216 | 0.0% | |
*,^,1 China Literature Ltd. | 385,400 | 3,166 | 0.0% | |
* | Alibaba Pictures Group Ltd. | 23,938,648 | 3,126 | 0.0% |
CRRC Corp. Ltd. Class H | 8,028,053 | 3,114 | 0.0% | |
China Cinda Asset Management Co. Ltd. Class H | 16,085,693 | 3,018 | 0.0% | |
Zhuzhou CRRC Times Electric Co. Ltd. Class H | 888,909 | 2,737 | 0.0% | |
China Railway Construction Corp. Ltd. Class H | 3,894,245 | 2,638 | 0.0% | |
China Merchants Port Holdings Co. Ltd. | 2,342,031 | 2,490 | 0.0% | |
Air China Ltd. Class H | 3,500,115 | 2,264 | 0.0% | |
China State Construction International Holdings Ltd. | 3,232,567 | 2,242 | 0.0% | |
AviChina Industry & Technology Co. Ltd. Class H | 4,340,954 | 2,239 | 0.0% | |
Shenwan Hongyuan Group Co. Ltd. Class A | 2,913,631 | 2,198 | 0.0% | |
China Oilfield Services Ltd. Class H | 3,628,300 | 2,191 | 0.0% | |
CRRC Corp. Ltd. Class A | 2,691,400 | 2,169 | 0.0% |
8 |
FTSE All-World ex-US Index Fund
Market | Percentage | |||
Value• | of Net | |||
Shares | ($000) | Assets | ||
1 | China Huarong Asset Management Co. Ltd. Class H | 19,572,874 | 2,051 | 0.0% |
Beijing Capital International Airport Co. Ltd. Class H | 3,250,557 | 1,986 | 0.0% | |
China Merchants Shekou Industrial Zone Holdings Co. Ltd. Class A | 933,396 | 1,965 | 0.0% | |
China Petroleum & Chemical Corp. Class A | 3,336,000 | 1,945 | 0.0% | |
Baoshan Iron & Steel Co. Ltd. Class A | 2,389,600 | 1,908 | 0.0% | |
* | Alibaba Group Holding Ltd. | 49,400 | 1,872 | 0.0% |
*,^ | China Southern Airlines Co. Ltd. Class H | 3,523,017 | 1,845 | 0.0% |
Daqin Railway Co. Ltd. Class A | 1,894,066 | 1,814 | 0.0% | |
Citic Pacific Special Steel Group Co. Ltd. Class A | 644,353 | 1,555 | 0.0% | |
China Power International Development Ltd. | 7,812,691 | 1,504 | 0.0% | |
1 | China Resources Pharmaceutical Group Ltd. | 2,903,000 | 1,451 | 0.0% |
China Railway Construction Corp. Ltd. Class A | 1,099,600 | 1,371 | 0.0% | |
Sinopec Shanghai Petrochemical Co. Ltd. Class H | 7,310,331 | 1,351 | 0.0% | |
China Shenhua Energy Co. Ltd. Class A | 523,056 | 1,302 | 0.0% | |
China National Nuclear Power Co. Ltd. Class A | 1,886,600 | 1,250 | 0.0% | |
China Coal Energy Co. Ltd. Class H | 4,559,638 | 1,114 | 0.0% | |
China Reinsurance Group Corp. Class H | 11,590,576 | 1,109 | 0.0% | |
Sinotrans Ltd. Class H | 3,559,860 | 1,054 | 0.0% | |
1 | Sinopec Engineering Group Co. Ltd. Class H | 2,562,381 | 996 | 0.0% |
China CITIC Bank Corp. Ltd. Class A | 1,279,635 | 965 | 0.0% | |
1 | China Railway Signal & Communication Corp. Ltd. Class H | 2,800,068 | 923 | 0.0% |
Power Construction Corp. of China Ltd. Class A | 1,375,200 | 790 | 0.0% | |
Angang Steel Co. Ltd. Class H | 2,668,198 | 783 | 0.0% | |
China Merchants Energy Shipping Co. Ltd. Class A | 873,064 | 755 | 0.0% | |
China Spacesat Co. Ltd. Class A | 151,200 | 710 | 0.0% | |
China National Accord Medicines Corp. Ltd. Class B | 246,585 | 702 | 0.0% | |
Dongxing Securities Co. Ltd. Class A | 356,192 | 651 | 0.0% | |
Zhongjin Gold Corp. Ltd. Class A | 461,800 | 645 | 0.0% | |
China National Medicines Corp. Ltd. Class A | 100,300 | 643 | 0.0% | |
^,1 | Shenwan Hongyuan Group Co. Ltd. Class H | 2,496,800 | 634 | 0.0% |
* | China CSSC Holdings Ltd. Class A | 236,500 | 630 | 0.0% |
Maanshan Iron & Steel Co. Ltd. Class A | 1,587,000 | 612 | 0.0% | |
Heilongjiang Agriculture Co. Ltd. Class A | 231,300 | 602 | 0.0% | |
AVICOPTER plc Class A | 76,800 | 575 | 0.0% | |
China Great Wall Securities Co. Ltd. Class A | 309,000 | 573 | 0.0% | |
Unisplendour Corp. Ltd. Class A | 166,737 | 549 | 0.0% | |
* | FAW Jiefang Group Co. Ltd. Class A | 292,500 | 542 | 0.0% |
China Merchants Property Operation & Service Co. Ltd. Class A | 141,100 | 537 | 0.0% | |
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd. Class A | 132,100 | 535 | 0.0% | |
China National Chemical Engineering Co. Ltd. Class A | 621,300 | 492 | 0.0% | |
* | China Southern Airlines Co. Ltd. Class A | 595,804 | 491 | 0.0% |
China Satellite Communications Co. Ltd. Class A | 183,900 | 477 | 0.0% | |
China Foods Ltd. | 1,206,843 | 413 | 0.0% | |
* | CSSC Offshore and Marine Engineering Group Co. Ltd. Class A | 105,100 | 408 | 0.0% |
* | CSSC Offshore and Marine Engineering Group Co. Ltd. Class H | 410,873 | 403 | 0.0% |
Offshore Oil Engineering Co. Ltd. Class A | 576,900 | 365 | 0.0% | |
Shennan Circuits Co. Ltd. Class A | 21,938 | 355 | 0.0% | |
Shanghai Electric Power Co. Ltd. Class A | 323,400 | 346 | 0.0% | |
* | Sinopec Oilfield Service Corp. Class H | 5,450,643 | 338 | 0.0% |
Air China Ltd. Class A | 328,626 | 334 | 0.0% | |
Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd. Class A | 851,600 | 327 | 0.0% | |
China Galaxy Securities Co. Ltd. Class A | 184,700 | 325 | 0.0% | |
Grandjoy Holdings Group Co. Ltd. Class A | 456,788 | 312 | 0.0% |
9 |
FTSE All-World ex-US Index Fund
Market | Percentage | |||
Value• | of Net | |||
Shares | ($000) | Assets | ||
Sinotrans Ltd. Class A | 502,200 | 307 | 0.0% | |
Huolinhe Opencut Coal Industry Corp. Ltd. of Inner Mongolia Class A | 211,700 | 307 | 0.0% | |
China Machinery Engineering Corp. Class H | 1,583,516 | 305 | 0.0% | |
CNOOC Energy Technology & Services Ltd. Class A | 872,200 | 301 | 0.0% | |
Angang Steel Co. Ltd. Class A | 719,300 | 284 | 0.0% | |
China Merchants Expressway Network & Technology Holdings Co. Ltd. Class A | 275,373 | 282 | 0.0% | |
China Communications Construction Co. Ltd. Class A | 242,600 | 268 | 0.0% | |
Guangxi Guiguan Electric Power Co. Ltd. Class A | 376,900 | 250 | 0.0% | |
Bluestar Adisseo Co. Class A | 133,700 | 250 | 0.0% | |
Tian Di Science & Technology Co. Ltd. Class A | 529,200 | 240 | 0.0% | |
Cinda Real Estate Co. Ltd. Class A | 377,000 | 235 | 0.0% | |
China Oilfield Services Ltd. Class A | 139,089 | 226 | 0.0% | |
China Coal Energy Co. Ltd. Class A | 378,138 | 222 | 0.0% | |
Sinochem International Corp. Class A | 227,100 | 178 | 0.0% | |
Sinopec Shanghai Petrochemical Co. Ltd. Class A | 338,000 | 167 | 0.0% | |
ADAMA Ltd. Class A | 134,900 | 163 | 0.0% | |
* | Sinopec Oilfield Service Corp. Class A | 543,200 | 143 | 0.0% |
CGN Power Co. Ltd. Class A | 294,300 | 120 | 0.0% | |
China Merchants Port Group Co. Ltd. Class A | 52,000 | 117 | 0.0% | |
China West Construction Group Co. Ltd. Class A | 50,600 | 69 | 0.0% | |
^ | Maanshan Iron & Steel Co. Ltd. Class H | 296,000 | 68 | 0.0% |
§,1 | China—Other † | 2,153,250 | 5.5% | |
5,044,377 | 12.9% | |||
Colombia † | 27,762 | 0.1% | ||
1Czech Republic † | 10,953 | 0.0% | ||
Denmark | ||||
Novo Nordisk A/S Class B | 2,871,393 | 183,096 | 0.5% | |
1 | Denmark—Other † | 409,098 | 1.0% | |
592,194 | 1.5% | |||
Egypt † | 13,942 | 0.0% | ||
Finland † | 335,782 | 0.8% | ||
France | ||||
LVMH Moet Hennessy Louis Vuitton SE | 442,101 | 207,236 | 0.5% | |
Sanofi | 1,934,093 | 174,637 | 0.5% | |
Total SE | 4,297,145 | 130,190 | 0.3% | |
Schneider Electric SE | 939,654 | 114,175 | 0.3% | |
1 | France—Other † | 1,765,363 | 4.5% | |
2,391,601 | 6.1% | |||
Germany | ||||
SAP SE | 1,993,984 | 212,729 | 0.5% | |
Siemens AG | 1,362,830 | 159,883 | 0.4% | |
Allianz SE | 733,318 | 129,178 | 0.3% | |
* | adidas AG | 341,189 | 101,370 | 0.3% |
1 | Germany—Other † | 1,564,280 | 4.0% | |
2,167,440 | 5.5% |
10 |
FTSE All-World ex-US Index Fund
Market | Percentage | |||
Value• | of Net | |||
Shares | ($000) | Assets | ||
§Greece † | 18,554 | 0.0% | ||
Hong Kong | ||||
AIA Group Ltd. | 21,536,252 | 204,964 | 0.5% | |
Hong Kong Exchanges & Clearing Ltd. | 2,268,771 | 108,717 | 0.3% | |
BOC Hong Kong Holdings Ltd. | 6,462,196 | 17,949 | 0.1% | |
Sun Art Retail Group Ltd. | 3,926,960 | 4,255 | 0.0% | |
1 | BOC Aviation Ltd. | 371,000 | 2,297 | 0.0% |
Nexteer Automotive Group Ltd. | 1,506,000 | 1,258 | 0.0% | |
*,^ | MMG Ltd. | 4,008,000 | 951 | 0.0% |
*,^ | China Travel International Investment Hong Kong Ltd. | 4,667,542 | 597 | 0.0% |
§,1 | Hong Kong—Other † | 551,549 | 1.4% | |
892,537 | 2.3% | |||
Hungary † | 22,418 | 0.1% | ||
India | ||||
Nestle India Ltd. | 44,028 | 10,190 | 0.0% | |
1 | India—Other † | 1,071,198 | 2.8% | |
1,081,388 | 2.8% | |||
Indonesia † | 153,602 | 0.4% | ||
§Ireland † | 63,573 | 0.2% | ||
Israel † | 117,350 | 0.3% | ||
Italy | ||||
Enel SPA | 13,815,707 | 109,843 | 0.3% | |
*,1 | Pirelli & C SPA | 711,156 | 2,965 | 0.0% |
1 | Italy—Other † | 416,149 | 1.0% | |
528,957 | 1.3% | |||
Japan | ||||
Toyota Motor Corp. | 4,363,891 | 286,476 | 0.7% | |
Sony Corp. | 2,169,790 | 180,888 | 0.5% | |
SoftBank Group Corp. | 2,618,036 | 170,523 | 0.4% | |
Keyence Corp. | 321,416 | 145,866 | 0.4% | |
Nintendo Co. Ltd. | 189,569 | 102,498 | 0.3% | |
Chugai Pharmaceutical Co. Ltd. | 1,160,292 | 44,787 | 0.1% | |
Japan—Other † | 5,833,251 | 14.9% | ||
6,764,289 | 17.3% | |||
Kuwait † | 76,728 | 0.2% | ||
Luxembourg † | 611 | 0.0% | ||
Malaysia | ||||
Nestle Malaysia Bhd. | 109,700 | 3,678 | 0.0% | |
1 | Malaysia—Other † | 212,533 | 0.5% | |
216,211 | 0.5% | |||
§Malta † | — | 0.0% |
11 |
FTSE All-World ex-US Index Fund
Market | Percentage | |||
Value• | of Net | |||
Shares | ($000) | Assets | ||
1Mexico † | 204,830 | 0.5% | ||
Netherlands | ||||
ASML Holding NV | 712,319 | 257,721 | 0.6% | |
^ | Unilever NV | 2,577,853 | 145,324 | 0.4% |
1 | Netherlands—Other † | 669,904 | 1.7% | |
1,072,949 | 2.7% | |||
New Zealand † | 90,071 | 0.2% | ||
Norway † | 150,457 | 0.4% | ||
Pakistan † | 2,995 | 0.0% | ||
Philippines † | 104,278 | 0.3% | ||
1Poland † | 60,964 | 0.1% | ||
Portugal † | 43,633 | 0.1% | ||
Qatar † | 102,294 | 0.3% | ||
Romania † | 612 | 0.0% | ||
Russia † | 267,167 | 0.7% | ||
1Saudi Arabia † | 332,006 | 0.8% | ||
Singapore † | 286,702 | 0.7% | ||
South Africa | ||||
* | Naspers Ltd. | 750,816 | 146,580 | 0.4% |
1 | South Africa—Other † | 283,117 | 0.7% | |
429,697 | 1.1% | |||
South Korea | ||||
1 | Samsung Electronics Co. Ltd. GDR | 176,091 | 222,151 | 0.6% |
Samsung Electronics Co. Ltd. | 3,912,692 | 196,674 | 0.5% | |
Samsung Electronics Co. Ltd. Preference Shares | 1,423,189 | 63,310 | 0.1% | |
§,1 | South Korea—Other † | 895,923 | 2.3% | |
1,378,058 | 3.5% | |||
Spain | ||||
* | Iberdrola SA | 10,560,809 | 124,699 | 0.3% |
1 | Spain—Other † | 411,596 | 1.1% | |
536,295 | 1.4% | |||
1Sweden † | 809,451 | 2.1% | ||
Switzerland | ||||
Nestle SA | 4,953,631 | 557,174 | 1.4% | |
Roche Holding AG | 1,237,473 | 397,639 | 1.0% | |
Novartis AG | 3,819,058 | 297,591 | 0.8% | |
Roche Holding AG (Bearer) | 47,576 | 15,329 | 0.1% | |
1 | Switzerland—Other † | 1,106,894 | 2.8% | |
2,374,627 | 6.1% |
12 |
FTSE All-World ex-US Index Fund
Market | Percentage | ||||
Value• | of Net | ||||
Shares | ($000) | Assets | |||
Taiwan | |||||
Taiwan Semiconductor Manufacturing Co. Ltd. ADR | 4,720,629 | 395,919 | 1.0% | ||
Taiwan Semiconductor Manufacturing Co. Ltd. | 19,108,373 | 289,103 | 0.8% | ||
Taiwan—Other † | 868,237 | 2.2% | |||
1,553,259 | 4.0% | ||||
Thailand † | 227,109 | 0.6% | |||
Turkey † | 40,825 | 0.1% | |||
§United Arab Emirates † | 78,410 | 0.2% | |||
United Kingdom | |||||
AstraZeneca plc | 2,331,746 | 234,121 | 0.6% | ||
* | HSBC Holdings plc | 36,112,608 | 151,334 | 0.4% | |
GlaxoSmithKline plc | 8,734,519 | 145,854 | 0.4% | ||
Diageo plc | 4,080,202 | 131,864 | 0.3% | ||
British American Tobacco plc | 4,050,256 | 128,375 | 0.3% | ||
Unilever plc | 1,933,782 | 110,204 | 0.3% | ||
Rio Tinto plc | 1,929,837 | 109,155 | 0.3% | ||
Reckitt Benckiser Group plc | 1,122,651 | 98,893 | 0.3% | ||
§,1 | United Kingdom—Other † | 2,208,242 | 5.6% | ||
3,318,042 | 8.5% | ||||
Total Common Stocks (Cost $34,980,243) | 38,820,415 | 99.0% | |||
Coupon | |||||
Temporary Cash Investments | |||||
Money Market Fund | |||||
2,3 | Vanguard Market Liquidity Fund | 0.112% | 5,836,921 | 583,692 | 1.5% |
4U.S. Government and Agency Obligations † | 36,097 | 0.1% | |||
Total Temporary Cash Investments (Cost $619,815) | 619,789 | 1.6% | |||
Total Investments (Cost $35,600,058) | 39,440,204 | 100.6% | |||
Other Assets and Liabilities—Net | (244,662) | (0.6%) | |||
Net Assets | 39,195,542 | 100.0% |
Cost is in $000.
• | See Note A in Notes to Financial Statements. |
* | Non-income-producing security. |
^ | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $379,507,000. |
§ | Certain of the fund’s securities are valued using significant unobservable inputs. |
† | Represents the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer, represent 1% or less of net assets. |
1 | Certain securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At October 31, 2020, the aggregate value of these securities was $1,224,919,000, representing 3.1% of net assets. |
2 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
3 | Collateral of $408,978,000 was received for securities on loan. |
4 | Securities with a value of $36,097,000 have been segregated as initial margin for open futures contracts. ADR—American Depositary Receipt. |
GDR—Global Depositary Receipt. |
13 |
FTSE All-World ex-US Index Fund
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
($000) | ||||||
Value and | ||||||
Number of | Unrealized | |||||
Long (Short) | Notional | Appreciation | ||||
Expiration | Contracts | Amount | (Depreciation) | |||
Long Futures Contracts | ||||||
MSCI Emerging Markets Index | December 2020 | 2,425 | 133,606 | 7 | ||
Dow Jones EURO STOXX 50 Index | December 2020 | 2,536 | 87,396 | (9,948) | ||
Topix Index | December 2020 | 456 | 68,512 | (1,240) | ||
FTSE 100 Index | December 2020 | 528 | 38,056 | (3,069) | ||
E-mini S&P 500 Index | December 2020 | 176 | 28,729 | (312) | ||
S&P ASX 200 Index | December 2020 | 274 | 28,360 | (161) | ||
(14,723) |
Forward Currency Contracts
Contract | Unrealized | Unrealized | |||||||
Settlement | Contract Amount (000) | Appreciation | (Depreciation) | ||||||
Counterparty | Date | Receive | Deliver | ($000) | ($000) | ||||
Morgan Stanley Capital Services LLC | 1/14/21 | EUR | 63,837 | USD | 75,941 | — | (1,451) | ||
Morgan Stanley Capital Services LLC | 1/14/21 | JPY | 4,697,360 | USD | 44,863 | 56 | — | ||
Goldman Sachs International | 1/14/21 | GBP | 23,632 | USD | 30,371 | 262 | — | ||
Royal Bank of Canada | 1/14/21 | AUD | 25,288 | USD | 18,254 | — | (472) | ||
JPMorgan Chase Bank, N.A. | 1/14/21 | EUR | 7,067 | USD | 8,333 | — | (87) | ||
Goldman Sachs International | 1/14/21 | CAD | 5,719 | USD | 4,266 | 28 | — | ||
UBS AG | 1/14/21 | AUD | 5,568 | USD | 3,976 | — | (61) | ||
UBS AG | 1/14/21 | JPY | 395,280 | USD | 3,732 | 48 | — | ||
UBS AG | 1/14/21 | EUR | 2,911 | USD | 3,444 | — | (47) | ||
Standard Chartered Bank | 1/14/21 | GBP | 750 | USD | 979 | — | (7) | ||
Bank of America, N.A. | 1/14/21 | USD | 51,849 | CHF | 47,881 | — | (499) | ||
Goldman Sachs International | 1/14/21 | USD | 44,486 | JPY | 4,697,360 | — | (433) | ||
Bank of America, N.A. | 1/14/21 | USD | 16,880 | HKD | 130,931 | — | (7) | ||
Goldman Sachs International | 1/14/21 | USD | 3,513 | ZAR | 60,955 | — | (200) | ||
394 | (3,264) |
AUD—Australian dollar.
CAD—Canadian dollar.
CHF—Swiss franc.
EUR—euro.
GBP—British pound.
HKD—Hong Kong dollar.
JPY—Japanese yen.
USD—U.S. dollar.
ZAR—South African rand.
See accompanying Notes, which are an integral part of the Financial Statements.
14 |
FTSE All-World ex-US Index Fund
Statement of Assets and Liabilities
As of October 31, 2020
($000s, except shares and per-share amounts) | Amount |
Assets | |
Investments in Securities, at Value | |
Unaffiliated Issuers (Cost $35,016,337) | 38,856,512 |
Affiliated Issuers (Cost $583,721) | 583,692 |
Total Investments in Securities | 39,440,204 |
Investment in Vanguard | 1,680 |
Cash Collateral Pledged—Futures Contracts | 3,700 |
Cash Collateral Pledged—Forward Currency Contracts | 1,900 |
Foreign Currency, at Value (Cost $97,118) | 97,003 |
Receivables for Accrued Income | 146,251 |
Receivables for Capital Shares Issued | 7,077 |
Variation Margin Receivable—Futures Contracts | 232 |
Unrealized Appreciation—Forward Currency Contracts | 394 |
Total Assets | 39,698,441 |
Liabilities | |
Due to Custodian | 2,283 |
Payables for Investment Securities Purchased | 67,121 |
Collateral for Securities on Loan | 408,978 |
Payables for Capital Shares Redeemed | 15,493 |
Payables for Distributions | 108 |
Payables to Vanguard | 1,672 |
Variation Margin Payable—Futures Contracts | 2,953 |
Unrealized Depreciation—Forward Currency Contracts | 3,264 |
Deferred Foreign Capital Gain Taxes | 1,027 |
Total Liabilities | 502,899 |
Net Assets | 39,195,542 |
15 |
FTSE All-World ex-US Index Fund
Statement of Assets and Liabilities (continued)
At October 31, 2020, net assets consisted of:
($000s, except shares and per-share amounts) | Amount |
Paid-in Capital | 38,114,119 |
Total Distributable Earnings (Loss) | 1,081,423 |
Net Assets | 39,195,542 |
ETF Shares—Net Assets | |
Applicable to 492,782,185 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 24,307,605 |
Net Asset Value Per Share—ETF Shares | $49.33 |
Admiral Shares—Net Assets | |
Applicable to 225,678,349 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 6,919,027 |
Net Asset Value Per Share—Admiral Shares | $30.66 |
Institutional Shares—Net Assets | |
Applicable to 47,926,589 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 4,658,036 |
Net Asset Value Per Share—Institutional Shares | $97.19 |
Institutional Plus Shares—Net Assets | |
Applicable to 32,167,811 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 3,310,874 |
Net Asset Value Per Share—Institutional Plus Shares | $102.93 |
See accompanying Notes, which are an integral part of the Financial Statements.
16 |
FTSE All-World ex-US Index Fund
Statement of Operations
Year Ended | |
October 31, 2020 | |
($000) | |
Investment Income | |
Income | |
Dividends1 | 968,702 |
Interest2 | 1,274 |
Securities Lending—Net | 12,733 |
Total Income | 982,709 |
Expenses | |
The Vanguard Group—Note B | |
Investment Advisory Services | 2,584 |
Management and Administrative—ETF Shares | 13,681 |
Management and Administrative—Admiral Shares | 5,870 |
Management and Administrative—Institutional Shares | 2,847 |
Management and Administrative—Institutional Plus Shares | 1,223 |
Marketing and Distribution—ETF Shares | 872 |
Marketing and Distribution—Admiral Shares | 438 |
Marketing and Distribution—Institutional Shares | 157 |
Marketing and Distribution—Institutional Plus Shares | 33 |
Custodian Fees | 3,694 |
Auditing Fees | 47 |
Shareholders’ Reports—ETF Shares | 834 |
Shareholders’ Reports—Admiral Shares | 77 |
Shareholders’ Reports—Institutional Shares | 24 |
Shareholders’ Reports—Institutional Plus Shares | 14 |
Trustees’ Fees and Expenses | 23 |
Total Expenses | 32,418 |
Net Investment Income | 950,291 |
Realized Net Gain (Loss) | |
Investment Securities Sold2,3 | (526,386) |
Futures Contracts | 21,210 |
Forward Currency Contracts | 3,751 |
Foreign Currencies | (63) |
Realized Net Gain (Loss) | (501,488) |
See accompanying Notes, which are an integral part of the Financial Statements.
17 |
FTSE All-World ex-US Index Fund
Statement of Operations (continued)
Year Ended | |
October 31, 2020 | |
($000) | |
Change in Unrealized Appreciation (Depreciation) | |
Investment Securities2,4 | (1,026,532) |
Futures Contracts | (21,123) |
Forward Currency Contracts | (5,512) |
Foreign Currencies | 4,452 |
Change in Unrealized Appreciation (Depreciation) | (1,048,715) |
Net Increase (Decrease) in Net Assets Resulting from Operations | (599,912) |
1 | Dividends are net of foreign withholding taxes of $99,464,000. |
2 | Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund were $1,097,000, ($262,000), and ($66,000), respectively. Purchases and sales are for temporary cash investment purposes. |
3 | Includes $239,325,000 of net gain (loss) resulting from in-kind redemptions. |
4 | The change in unrealized appreciation (depreciation) is net of the change in deferred foreign capital gains taxes of $513,000. |
See accompanying Notes, which are an integral part of the Financial Statements.
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FTSE All-World ex-US Index Fund
Statement of Changes in Net Assets
Year Ended October 31, | ||
2020 | 2019 | |
($000) | ($000) | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net Investment Income | 950,291 | 1,226,277 |
Realized Net Gain (Loss) | (501,488) | (103,722) |
Change in Unrealized Appreciation (Depreciation) | (1,048,715) | 2,998,505 |
Net Increase (Decrease) in Net Assets Resulting from Operations | (599,912) | 4,121,060 |
Distributions1 | ||
Investor Shares | — | (9,798) |
ETF Shares | (632,805) | (710,146) |
Admiral Shares | (174,884) | (191,012) |
Institutional Shares | (124,922) | (154,643) |
Institutional Plus Shares | (75,483) | (81,690) |
Total Distributions | (1,008,094) | (1,147,289) |
Capital Share Transactions | ||
Investor Shares | (1,784) | (574,323) |
ETF Shares | 824,768 | 1,455,312 |
Admiral Shares | 343,960 | 750,883 |
Institutional Shares | (135,008) | (117,972) |
Institutional Plus Shares | 618,168 | (4,513) |
Net Increase (Decrease) from Capital Share Transactions | 1,650,104 | 1,509,387 |
Total Increase (Decrease) | 42,098 | 4,483,158 |
Net Assets | ||
Beginning of Period | 39,153,444 | 34,670,286 |
End of Period | 39,195,542 | 39,153,444 |
1 | Certain prior-period numbers have been reclassified to conform with the current-period presentation. |
See accompanying Notes, which are an integral part of the Financial Statements.
19 |
FTSE All-World ex-US Index Fund
Financial Highlights
Investor Shares
Nov. 1, | |||||
2019 to | |||||
For a Share Outstanding | Nov. 7, | Year Ended October 31, | |||
Throughout Each Period | 20191 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $20.35 | $18.85 | $21.17 | $17.59 | $17.92 |
Investment Operations | |||||
Net Investment Income | .0032 | .5772 | .5932 | .5202 | .494 |
Net Realized and Unrealized Gain (Loss) on Investments | .427 | 1.502 | (2.342) | 3.573 | (.341) |
Total from Investment Operations | .430 | 2.079 | (1.749) | 4.093 | .153 |
Distributions | |||||
Dividends from Net Investment Income | — | (.579) | (.571) | (.513) | (.483) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | — | (.579) | (.571) | (.513) | (.483) |
Net Asset Value, End of Period | $20.781 | $20.35 | $18.85 | $21.17 | $17.59 |
Total Return3 | 2.11% | 11.29% | -8.49% | 23.62% | 0.98% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $— | $2 | $557 | $634 | $530 |
Ratio of Total Expenses to Average Net Assets | 0.20%4 | 0.20% | 0.20% | 0.23% | 0.23% |
Ratio of Net Investment Income to Average Net Assets | 0.78%4 | 2.98% | 2.80% | 2.70% | 2.89% |
Portfolio Turnover Rate5 | 4%6 | 4% | 6% | 4% | 5% |
1 | Net asset value as of November 7, 2019, on which date the remaining Investor Shares were converted to Admiral Shares. |
2 | Calculated based on average shares outstanding. |
3 | Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees. |
4 | Annualized. |
5 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
6 | Reflects the fund’s portfolio turnover for the fiscal year ended October 31, 2020. |
See accompanying Notes, which are an integral part of the Financial Statements.
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FTSE All-World ex-US Index Fund
Financial Highlights
ETF Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $51.58 | $47.79 | $53.65 | $44.60 | $45.41 |
Investment Operations | |||||
Net Investment Income | 1.2111 | 1.6291 | 1.5571 | 1.3791 | 1.304 |
Net Realized and Unrealized Gain (Loss) on Investments | (2.166) | 3.692 | (5.911) | 9.038 | (.846) |
Total from Investment Operations | (.955) | 5.321 | (4.354) | 10.417 | .458 |
Distributions | |||||
Dividends from Net Investment Income | (1.295) | (1.531) | (1.506) | (1.367) | (1.268) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (1.295) | (1.531) | (1.506) | (1.367) | (1.268) |
Net Asset Value, End of Period | $49.33 | $51.58 | $47.79 | $53.65 | $44.60 |
Total Return | -1.83% | 11.42% | -8.37% | 23.73% | 1.17% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $24,308 | $24,652 | $21,348 | $21,640 | $13,983 |
Ratio of Total Expenses to Average Net Assets | 0.08% | 0.08% | 0.09% | 0.11% | 0.11% |
Ratio of Net Investment Income to Average Net Assets | 2.46% | 3.30% | 2.91% | 2.82% | 3.01% |
Portfolio Turnover Rate2 | 4% | 4% | 6% | 4% | 5% |
1 | Calculated based on average shares outstanding. |
2 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
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FTSE All-World ex-US Index Fund
Financial Highlights
Admiral Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $32.06 | $29.70 | $33.35 | $27.72 | $28.23 |
Investment Operations | |||||
Net Investment Income | .7501 | 1.0101 | .9691 | .8551 | .811 |
Net Realized and Unrealized Gain (Loss) on Investments | (1.355) | 2.289 | (3.682) | 5.625 | (.532) |
Total from Investment Operations | (.605) | 3.299 | (2.713) | 6.480 | .279 |
Distributions | |||||
Dividends from Net Investment Income | (.795) | (.939) | (.937) | (.850) | (.789) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (.795) | (.939) | (.937) | (.850) | (.789) |
Net Asset Value, End of Period | $30.66 | $32.06 | $29.70 | $33.35 | $27.72 |
Total Return2 | -1.89% | 11.38% | -8.37% | 23.75% | 1.13% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $6,919 | $6,717 | $5,458 | $5,304 | $3,635 |
Ratio of Total Expenses to Average Net Assets | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% |
Ratio of Net Investment Income to Average Net Assets | 2.46% | 3.29% | 2.89% | 2.82% | 3.01% |
Portfolio Turnover Rate3 | 4% | 4% | 6% | 4% | 5% |
1 | Calculated based on average shares outstanding. |
2 | Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees. |
3 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
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FTSE All-World ex-US Index Fund
Financial Highlights
Institutional Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $101.64 | $94.16 | $105.72 | $87.88 | $89.48 |
Investment Operations | |||||
Net Investment Income | 2.3801 | 3.2241 | 3.0461 | 2.7031 | 2.577 |
Net Realized and Unrealized Gain (Loss) on Investments | (4.281) | 7.271 | (11.621) | 17.838 | (1.669) |
Total from Investment Operations | (1.901) | 10.495 | (8.575) | 20.541 | .908 |
Distributions | |||||
Dividends from Net Investment Income | (2.549) | (3.015) | (2.985) | (2.701) | (2.508) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (2.549) | (3.015) | (2.985) | (2.701) | (2.508) |
Net Asset Value, End of Period | $97.19 | $101.64 | $94.16 | $105.72 | $87.88 |
Total Return | -1.87% | 11.42% | -8.35% | 23.74% | 1.15% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $4,658 | $4,991 | $4,719 | $5,532 | $4,424 |
Ratio of Total Expenses to Average Net Assets | 0.08% | 0.08% | 0.08% | 0.10% | 0.10% |
Ratio of Net Investment Income to Average Net Assets | 2.45% | 3.31% | 2.92% | 2.83% | 3.02% |
Portfolio Turnover Rate2 | 4% | 4% | 6% | 4% | 5% |
1 | Calculated based on average shares outstanding. |
2 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
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FTSE All-World ex-US Index Fund
Financial Highlights
Institutional Plus Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $107.63 | $99.71 | $111.96 | $93.06 | $94.75 |
Investment Operations | |||||
Net Investment Income | 2.5481 | 3.4031 | 3.3361 | 2.8631 | 2.754 |
Net Realized and Unrealized Gain (Loss) on Investments | (4.528) | 7.725 | (12.397) | 18.928 | (1.767) |
Total from Investment Operations | (1.980) | 11.128 | (9.061) | 21.791 | .987 |
Distributions | |||||
Dividends from Net Investment Income | (2.720) | (3.208) | (3.189) | (2.891) | (2.677) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (2.720) | (3.208) | (3.189) | (2.891) | (2.677) |
Net Asset Value, End of Period | $102.93 | $107.63 | $99.71 | $111.96 | $93.06 |
Total Return | -1.83% | 11.43% | -8.33% | 23.79% | 1.18% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $3,311 | $2,793 | $2,588 | $2,731 | $2,222 |
Ratio of Total Expenses to Average Net Assets | 0.06% | 0.06% | 0.06% | 0.07% | 0.07% |
Ratio of Net Investment Income to Average Net Assets | 2.48% | 3.30% | 2.94% | 2.86% | 3.05% |
Portfolio Turnover Rate2 | 4% | 4% | 6% | 4% | 5% |
1 | Calculated based on average shares outstanding. |
2 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
�� | 24 |
FTSE All-World ex-US Index Fund
Notes to Financial Statements
Vanguard FTSE All-World ex-US Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund offers four classes of shares: ETF Shares, Admiral Shares, Institutional Shares, and Institutional Plus Shares. Each of the share classes has different eligibility and minimum purchase requirements, and is designed for different types of investors. ETF Shares are listed for trading on NYSE Arca; they can be purchased and sold through a broker. Prior to November 7, 2019, the fund offered Investor Shares. Effective at the close of business on November 7, 2019, the remaining Investor Shares were converted to Admiral Shares.
The fund invests in securities of foreign issuers, which may subject it to investment risks not normally associated with investing in securities of U.S. corporations. Market disruptions associated with the COVID-19 pandemic have had a global impact, and uncertainty exists as to the long-term implications. Such disruptions can adversely affect assets of the fund and thus fund performance.
A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.
1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued at their fair values calculated according to procedures adopted by the board of trustees. These procedures include obtaining quotations from an independent pricing service, monitoring news to identify significant market- or security-specific events, and evaluating changes in the values of foreign market proxies (for example, ADRs, futures contracts, or exchange-traded funds), between the time the foreign markets close and the fund’s pricing time. When fair-value pricing is employed, the prices of securities used by a fund to calculate its net asset value may differ from quoted or published prices for the same securities. Investments in Vanguard Market Liquidity Fund are valued at that fund’s net asset value. Temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services.
2. Foreign Currency: Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using exchange rates obtained from an independent third party as of the fund’s pricing time on the valuation date. Realized gains (losses) and unrealized appreciation (depreciation) on investment securities include the effects of changes in exchange rates since the securities were purchased, combined with the effects of changes in security prices. Fluctuations in the value of other assets and liabilities resulting from changes in exchange rates are recorded as unrealized foreign currency gains (losses) until the assets or liabilities are settled in cash, at which time they are recorded as realized foreign currency gains (losses).
3. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures contracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the
25 |
FTSE All-World ex-US Index Fund
underlying index while maintaining a cash balance for liquidity. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. The notional amounts of the contracts are not recorded in the Statement of Assets and Liabilities. Fluctuations in the value of the contracts are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized gains (losses) on futures contracts.
During the year ended October 31, 2020, the fund’s average investments in long and short futures contracts represented less than 1% and 0% of net assets, respectively, based on the average of the notional amounts at each quarter-end during the period.
4. Forward Currency Contracts: The fund enters into forward currency contracts to provide the appropriate currency exposure related to any open futures contracts. The fund’s risks in using these contracts include movement in the values of the foreign currencies relative to the U.S. dollar and the ability of the counterparties to fulfill their obligations under the contracts. The fund mitigates its counterparty risk by entering into forward currency contracts only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. The master netting arrangements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate the forward currency contracts, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The forward currency contracts contain provisions whereby a counterparty may terminate open contracts if the fund’s net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the forward currency contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.
Forward currency contracts are valued at their quoted daily prices obtained from an independent third party, adjusted for currency risk based on the expiration date of each contract. The notional amounts of the contracts are not recorded in the Statement of Assets and Liabilities. Fluctuations in the value of the contracts are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized gains (losses) on forward currency contracts.
26 |
FTSE All-World ex-US Index Fund
During the year ended October 31, 2020, the fund’s average investment in forward currency contracts represented less than 1% of net assets, based on the average of notional amounts at each quarter-end during the period.
5. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. The fund’s tax returns are open to examination by the relevant tax authorities until expiration of the applicable statute of limitations, which is generally three years after the filing of the tax return. Management has analyzed the fund’s tax positions taken for all open federal and state income tax years, and has concluded that no provision for income tax is required in the fund’s financial statements.
6. Distributions: Distributions to shareholders are recorded on the ex-dividend date. Distributions are determined on a tax basis at the fiscal year-end and may differ from net investment income and realized capital gains for financial reporting purposes.
7. Securities Lending: To earn additional income, the fund lends its securities to qualified institutional borrowers. Security loans are subject to termination by the fund at any time, and are required to be secured at all times by collateral in an amount at least equal to the market value of securities loaned. Daily market fluctuations could cause the value of loaned securities to be more or less than the value of the collateral received. When this occurs, the collateral is adjusted and settled before the opening of the market on the next business day. The fund further mitigates its counterparty risk by entering into securities lending transactions only with a diverse group of prequalified counterparties, monitoring their financial strength, and entering into master securities lending agreements with its counterparties. The master securities lending agreements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate any loans with that borrower, determine the net amount owed, and sell or retain the collateral up to the net amount owed to the fund; however, such actions may be subject to legal proceedings. While collateral mitigates counterparty risk, in the event of a default, the fund may experience delays and costs in recovering the securities loaned. The fund invests cash collateral received in Vanguard Market Liquidity Fund, and records a liability in the Statement of Assets and Liabilities for the return of the collateral, during the period the securities are on loan. Collateral investments in Vanguard Market Liquidity Fund are subject to market appreciation or depreciation. Securities lending income represents fees charged to borrowers plus income earned on invested cash collateral, less expenses associated with the loan. During the term of the loan, the fund is entitled to all distributions made on or in respect of the loaned securities.
8. Credit Facilities and Interfund Lending Program: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $4.3 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement and an uncommitted credit facility provided by Vanguard. Both facilities may be renewed annually. Each fund is individually liable for its borrowings, if any, under the credit facilities. Borrowings may be utilized for temporary or emergency purposes, subject to the fund’s regulatory and contractual borrowing restrictions. With respect to the committed credit facility, the participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn committed amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under either facility bear interest at a rate based upon the higher of the one-month London Interbank
27 |
FTSE All-World ex-US Index Fund
Offered Rate (or an acceptable alternate rate, if necessary), federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread, except that borrowings under the uncommitted credit facility may bear interest based upon an alternative rate agreed to by the fund and Vanguard.
In accordance with an exemptive order (the “Order”) from the SEC, the fund may participate in a joint lending and borrowing program that allows registered open-end Vanguard funds to borrow money from and lend money to each other for temporary or emergency purposes (the “Interfund Lending Program”), subject to compliance with the terms and conditions of the Order, and to the extent permitted by the fund’s investment objective and investment policies. Interfund loans and borrowings normally extend overnight, but can have a maximum duration of seven days. Loans may be called on one business day’s notice. The interest rate to be charged is governed by the conditions of the Order and internal procedures adopted by the board of trustees. The board of trustees is responsible for overseeing the Interfund Lending Program.
For the year ended October 31, 2020, the fund did not utilize the credit facilities or the Interfund Lending Program.
9. Other: Dividend income is recorded on the ex-dividend date. Interest income includes income distributions received from Vanguard Market Liquidity Fund and is accrued daily. Premiums and discounts on debt securities are amortized and accreted, respectively, to interest income over the lives of the respective securities, except for premiums on certain callable debt securities that are amortized to the earliest call date. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.
Taxes on foreign dividends and capital gains have been provided for in accordance with the fund’s understanding of the applicable countries’ tax rules and rates. Foreign capital gains tax, if any, is accrued daily based upon applicable net unrealized gains. The fund has filed tax reclaims for previously withheld taxes on dividends earned in certain European Union countries. These filings are subject to various administrative and judicial proceedings within these countries. Such tax reclaims received during the year, if any, are included in dividend income. No other amounts for additional tax reclaims are reflected in the financial statements due to the uncertainty as to the ultimate resolution of proceedings, the likelihood of receipt of these reclaims, and the potential timing of payment.
Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.
B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees and are generally settled twice a month.
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FTSE All-World ex-US Index Fund
Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At October 31, 2020, the fund had contributed to Vanguard capital in the amount of $1,680,000, representing less than 0.01% of the fund’s net assets and 0.67% of Vanguard’s capital received pursuant to the FSA. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.
C. Various inputs may be used to determine the value of the fund’s investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.
The following table summarizes the market value of the fund’s investments and derivatives as of October 31, 2020, based on the inputs used to value them:
Level 1 | Level 2 | Level 3 | Total | |
($000) | ($000) | ($000) | ($000) | |
Investments | ||||
Assets | ||||
Common Stocks—North and South America | 2,945,913 | 35,696 | — | 2,981,609 |
Common Stocks—Other | 2,153,357 | 33,674,840 | 10,609 | 35,838,806 |
Temporary Cash Investments | 583,692 | 36,097 | — | 619,789 |
Total | 5,682,962 | 33,746,633 | 10,609 | 39,440,204 |
Derivative Financial Instruments | ||||
Assets | ||||
Futures Contracts1 | 232 | — | — | 232 |
Forward Currency Contracts | — | 394 | — | 394 |
Total | 232 | 394 | — | 626 |
Liabilities | ||||
Futures Contracts1 | 2,953 | — | — | 2,953 |
Forward Currency Contracts | — | 3,264 | — | 3,264 |
Total | 2,953 | 3,264 | — | 6,217 |
1 Represents variation margin on the last day of the reporting period.
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FTSE All-World ex-US Index Fund
D. At October 31, 2020, the fair values of derivatives were reflected in the Statement of Assets and Liabilities as follows:
Foreign | |||
Equity | Exchange | ||
Contracts | Contracts | Total | |
Statement of Assets and Liabilities Caption | ($000) | ($000) | ($000) |
Variation Margin Receivable—Futures Contracts | 232 | — | 232 |
Unrealized Appreciation—Forward Currency Contracts | — | 394 | 394 |
Total Assets | 232 | 394 | 626 |
Variation Margin Payable—Futures Contracts | 2,953 | — | 2,953 |
Unrealized Depreciation—Forward Currency Contracts | — | 3,264 | 3,264 |
Total Liabilities | 2,953 | 3,264 | 6,217 |
Realized net gain (loss) and the change in unrealized appreciation (depreciation) on derivatives for the year ended October 31, 2020, were:
Foreign | |||
Equity | Exchange | ||
Contracts | Contracts | Total | |
Realized Net Gain (Loss) on Derivatives | ($000) | ($000) | ($000) |
Futures Contracts | 21,210 | — | 21,210 |
Forward Currency Contracts | — | 3,751 | 3,751 |
Realized Net Gain (Loss) on Derivatives | 21,210 | 3,751 | 24,961 |
Change in Unrealized Appreciation (Depreciation) on Derivatives | |||
Futures Contracts | (21,123) | — | (21,123) |
Forward Currency Contracts | — | (5,512) | (5,512) |
Change in Unrealized Appreciation (Depreciation) on Derivatives | (21,123) | (5,512) | (26,635) |
E. Permanent differences between book-basis and tax-basis components of net assets are reclassified among capital accounts in the financial statements to reflect their tax character. These reclassifications have no effect on net assets or net asset value per share. As of period end, permanent differences primarily attributable to the accounting for in-kind redemptions, foreign currency transactions, passive foreign investment companies, and tax expense on capital gains were reclassified between the following accounts:
Amount | |
($000) | |
Paid-in Capital | 235,542 |
Total Distributable Earnings (Loss) | (235,542) |
30 |
FTSE All-World ex-US Index Fund
Temporary differences between book-basis and tax-basis components of total distributable earnings (loss) arise when certain items of income, gain, or loss are recognized in different periods for financial statement and tax purposes; these differences will reverse at some time in the future. The differences are primarily related to the deferral of losses from wash sales; the recognition of unrealized gains or losses from certain derivative contracts; the recognition of unrealized gains from passive foreign investment companies; and the inclusion of payables for distributions. As of period end, the tax-basis components of total distributable earnings (loss) are detailed in the table as follows:
Amount | |
($000) | |
Undistributed Ordinary Income | 254,082 |
Undistributed Long-Term Gains | — |
Capital Loss Carryforwards | (2,888,169) |
Qualified Late-Year Losses | — |
Net Unrealized Gains (Losses) | 3,715,618 |
The tax character of distributions paid was as follows:
Year Ended October 31, | ||
2020 | 2019 | |
Amount | Amount | |
($000) | ($000) | |
Ordinary Income* | 1,008,094 | 1,147,289 |
Long-Term Capital Gains | — | — |
Total | 1,008,094 | 1,147,289 |
* Includes short-term capital gains, if any.
As of October 31, 2020, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:
Amount | |
($000) | |
Tax Cost | 35,726,000 |
Gross Unrealized Appreciation | 11,347,229 |
Gross Unrealized Depreciation | (7,634,433) |
Net Unrealized Appreciation (Depreciation) | 3,712,796 |
F. During the year ended October 31, 2020, the fund purchased $3,663,828,000 of investment securities and sold $2,238,597,000 of investment securities, other than temporary cash investments. Purchases and sales include $589,179,000 and $541,505,000, respectively, in connection with in-kind purchases and redemptions of the fund’s capital shares.
31 |
FTSE All-World ex-US Index Fund
G. Capital share transactions for each class of shares were:
Year Ended October 31, | |||||
2020 | 2019 | ||||
Amount | Shares | Amount | Shares | ||
($000) | (000) | ($000) | (000) | ||
Investor Shares | |||||
Issued | 5 | — | 129,887 | 6,537 | |
Issued in Lieu of Cash Distributions | — | — | 9,382 | 507 | |
Redeemed1 | (1,789) | (86) | (713,592) | (36,523) | |
Net Increase (Decrease)—Investor Shares | (1,784) | (86) | (574,323) | (29,479) | |
ETF Shares | |||||
Issued | 1,452,678 | 28,381 | 2,537,364 | 53,371 | |
Issued in Lieu of Cash Distributions | — | — | — | — | |
Redeemed | (627,910) | (13,500) | (1,082,052) | (22,200) | |
Net Increase (Decrease)—ETF Shares | 824,768 | 14,881 | 1,455,312 | 31,171 | |
Admiral Shares | |||||
Issued1 | 3,262,290 | 120,061 | 2,877,937 | 96,476 | |
Issued in Lieu of Cash Distributions | 136,906 | 4,436 | 154,603 | 5,172 | |
Redeemed | (3,055,236) | (108,328) | (2,281,657) | (75,922) | |
Net Increase (Decrease)—Admiral Shares | 343,960 | 16,169 | 750,883 | 25,726 | |
Institutional Shares | |||||
Issued | 1,200,708 | 13,238 | 1,269,059 | 13,204 | |
Issued in Lieu of Cash Distributions | 109,841 | 1,122 | 140,949 | 1,488 | |
Redeemed | (1,445,557) | (15,536) | (1,527,980) | (15,711) | |
Net Increase (Decrease)—Institutional Shares | (135,008) | (1,176) | (117,972) | (1,019) | |
Institutional Plus Shares | |||||
Issued | 743,171 | 7,460 | 379,098 | 3,610 | |
Issued in Lieu of Cash Distributions | 73,092 | 705 | 76,864 | 766 | |
Redeemed | (198,095) | (1,944) | (460,475) | (4,381) | |
Net Increase (Decrease)—Institutional Plus Shares | 618,168 | 6,221 | (4,513) | (5) |
1 | In November 2018, the fund announced changes to the availability and minimum investment criteria of the Investor and Admiral share classes. As a result, all of the outstanding Investor Shares automatically converted to Admiral Shares beginning in April 2019. Investor Shares—Redeemed and Admiral Shares—Issued include 1,046 and 664 shares, respectively, in the amount of $22,000 from the conversion during the year ended October 31, 2020. Investor Shares—Redeemed and Admiral Shares—Issued include 17,502,000 and 11,111,000 shares, respectively, in the amount of $348,707,000 from the conversion during the year ended October 31, 2019. |
H. Management has determined that no events or transactions occurred subsequent to October 31, 2020, that would require recognition or disclosure in these financial statements.
32 |
FTSE All-World ex-US Small-Cap Index Fund
Performance Summary
All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.
Cumulative Performance: October 31, 2010, Through October 31, 2020
Initial Investment of $10,000
Average Annual Total Returns | |||||
Periods Ended October 31, 2020 | |||||
Final Value | |||||
One | Five | Ten | of a $10,000 | ||
Year | Years | Years | Investment | ||
![]() | FTSE All-World ex-US Small-Cap Index Fund ETF Shares Net Asset Value | -0.81% | 4.35% | 3.76% | $14,458 |
FTSE All-World ex-US Small-Cap Index Fund ETF Shares Market Price | -0.89 | 4.29 | 3.66 | 14,321 | |
![]() | FTSE Global Small Cap ex US Index | -1.30 | 4.01 | 3.69 | 14,364 |
![]() | FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.75 | 14,452 |
Since | Final Value | ||
One | Inception | of a $10,000 | |
Year | (2/7/2019) | Investment | |
FTSE All-World ex-US Small-Cap Index Fund Admiral Shares | -0.84% | 2.97% | $10,519 |
FTSE Global Small Cap ex US Index | -1.30 | 2.59 | 10,452 |
FTSE Global All Cap ex US Index | -2.10 | 3.29 | 10,576 |
"Since Inception" performance is calculated from the Admiral Shares’ inception date for both the fund and its comparative standard(s).
See Financial Highlights for dividend and capital gains information.
33
FTSE All-World ex-US Small-Cap Index Fund
Average Annual Total Returns | ||||
Periods Ended October 31, 2020 | ||||
Final Value | ||||
One | Five | Ten | of a $5,000,000 | |
Year | Years | Years | Investment | |
FTSE All-World ex-US Small-Cap Index Fund Institutional Shares | -0.81% | 4.36% | 3.77% | $7,236,794 |
FTSE Global Small Cap ex US Index | -1.30 | 4.01 | 3.69 | 7,182,186 |
FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.75 | 7,226,072 |
Cumulative Returns of ETF Shares: October 31, 2010, Through October 31, 2020 | |||
One | Five | Ten | |
Year | Years | Years | |
FTSE All-World ex-US Small-Cap Index Fund ETF Shares Market Price | -0.89% | 23.38% | 43.21% |
FTSE All-World ex-US Small-Cap Index Fund ETF Shares Net Asset Value | -0.81 | 23.74 | 44.58 |
FTSE Global Small Cap ex US Index | -1.30 | 21.75 | 43.64 |
For the ETF Shares, the market price is determined by the midpoint of the bid-offer spread as of the closing time of the New York Stock Exchange (generally 4 p.m., Eastern time). The net asset value is also determined as of the NYSE closing time. For more information about how the ETF Shares' market prices have compared with their net asset value, visit vanguard.com, select your ETF, and then select the Price and Performance tab. The ETF premium/discount analysis there shows the percentages of days on which the ETF Shares' market price was above or below the NAV.
34
FTSE All-World ex-US Small-Cap Index Fund
Fund Allocation
As of October 31, 2020
Basic Materials | 10.9% |
Consumer Discretionary | 14.4 |
Consumer Staples | 5.5 |
Energy | 3.4 |
Financials | 9.5 |
Health Care | 8.0 |
Industrials | 19.6 |
Real Estate | 10.5 |
Technology | 12.2 |
Telecommunications | 2.1 |
Utilities | 3.9 |
The table reflects the fund’s investments, except for short-term investments and derivatives. Sector categories are based on the Industry Classification Benchmark (“ICB”), except for the “Other” category (if applicable), which includes securities that have not been provided an ICB classification as of the effective reporting period.
The fund may invest in derivatives (such as futures and swap contracts) for various reasons, including, but not limited to, at-tempting to remain fully invested and tracking its target index as closely as possible.
The Industry Classification Benchmark (“ICB”) is owned by FTSE. FTSE does not accept any liability to any person for any loss or damage arising out of any error or omission in the ICB.
35
FTSE All-World ex-US Small-Cap Index Fund
Financial Statements
Schedule of Investments—Investments Summary
As of October 31, 2020
This Statement summarizes the fund’s holdings by asset type. Details are reported for each of the fund’s 50 largest individual holdings and for investments that, in total for any issuer, represent more than 1% of the fund’s net assets. The total value of smaller holdings is reported as a single amount within each category.
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) four times in each fiscal year. For the second and fourth quarters the complete list of the fund’s holdings is available on vanguard.com and on Form N-CSR, or you can have it mailed to you without charge by calling 800-662-7447. For the first and third quarters of each fiscal year, the complete list of the fund’s holdings is available as an exhibit to its reports on Form N-PORT. The fund’s Form N-CSR and Form N-PORT reports are available on the SEC’s website at www.sec.gov.
Market | Percentage | |||
Value• | of Net | |||
Shares | ($000) | Assets | ||
Common Stocks | ||||
§,1Australia † | 284,385 | 4.6% | ||
1Austria † | 39,604 | 0.6% | ||
Belgium | ||||
Warehouses De Pauw CVA | 348,464 | 11,675 | 0.2% | |
Cofinimmo SA | 70,574 | 9,592 | 0.2% | |
Aedifica SA | 94,712 | 9,545 | 0.1% | |
Belgium—Other † | 53,365 | 0.9% | ||
84,177 | 1.4% | |||
1Brazil † | 49,309 | 0.8% | ||
Canada | ||||
Kirkland Lake Gold Ltd. | 725,560 | 33,057 | 0.5% | |
Kinross Gold Corp. | 3,278,804 | 26,087 | 0.4% | |
Open Text Corp. | 706,148 | 25,945 | 0.4% | |
^ | Emera Inc. | 647,973 | 25,850 | 0.4% |
Algonquin Power & Utilities Corp. | 1,550,303 | 23,505 | 0.4% | |
WSP Global Inc. | 297,658 | 18,827 | 0.3% | |
Ritchie Bros Auctioneers Inc. | 286,480 | 17,366 | 0.3% | |
B2Gold Corp. | 2,678,398 | 17,229 | 0.3% | |
Pan American Silver Corp. | 536,831 | 17,060 | 0.3% | |
First Quantum Minerals Ltd. | 1,451,760 | 16,683 | 0.3% | |
CCL Industries Inc. Class B | 390,277 | 14,881 | 0.2% | |
Northland Power Inc. | 453,350 | 14,662 | 0.2% | |
TMX Group Ltd. | 147,205 | 14,304 | 0.2% | |
^ | Canadian Apartment Properties REIT | 442,973 | 14,240 | 0.2% |
Yamana Gold Inc. | 2,475,907 | 13,771 | 0.2% | |
Toromont Industries Ltd. | 210,059 | 13,078 | 0.2% | |
FirstService Corp. | 95,153 | 12,759 | 0.2% | |
Empire Co. Ltd. | 440,484 | 12,018 | 0.2% |
36
FTSE All-World ex-US Small-Cap Index Fund | ||||
Market | Percentage | |||
Value• | of Net | |||
Shares | ($000) | Assets | ||
CAE Inc. | 693,831 | 11,858 | 0.2% | |
* | Descartes Systems Group Inc. | 219,713 | 11,781 | 0.2% |
Element Fleet Management Corp. | 1,141,912 | 10,757 | 0.2% | |
* | Kinaxis Inc. | 69,986 | 10,684 | 0.2% |
Quebecor Inc. Class B | 456,646 | 10,594 | 0.2% | |
Gildan Activewear Inc. | 509,454 | 10,554 | 0.2% | |
* | SSR Mining Inc. | 568,692 | 10,526 | 0.2% |
iA Financial Corp. Inc. | 292,780 | 10,201 | 0.2% | |
Lundin Mining Corp. | 1,652,776 | 9,986 | 0.2% | |
Inter Pipeline Ltd. | 1,110,551 | 9,886 | 0.2% | |
Cameco Corp. | 1,033,043 | 9,816 | 0.1% | |
TFI International Inc. | 217,383 | 9,679 | 0.1% | |
Parkland Corp. | 385,095 | 9,406 | 0.1% | |
Canada—Other † | 417,920 | 6.8% | ||
884,970 | 14.3% | |||
Chile † | 10,210 | 0.2% | ||
§,1China † | 374,908 | 6.1% | ||
Colombia † | 2,157 | 0.0% | ||
Czech Republic † | 689 | 0.0% | ||
Denmark | ||||
Royal Unibrew A/S | 126,414 | 12,327 | 0.2% | |
SimCorp A/S | 103,054 | 12,292 | 0.2% | |
§,1 | Denmark—Other † | 57,824 | 0.9% | |
82,443 | 1.3% | |||
§Egypt † | 4,599 | 0.1% | ||
Finland † | 47,843 | 0.8% | ||
§,1France † | 120,998 | 2.0% | ||
Germany | ||||
TAG Immobilien AG | 330,151 | 9,729 | 0.1% | |
1 | Germany—Other † | 196,549 | 3.2% | |
206,278 | 3.3% | |||
Greece † | 10,334 | 0.2% | ||
§,1Hong Kong † | 57,100 | 0.9% | ||
Hungary † | 434 | 0.0% | ||
§,1India † | 168,896 | 2.7% | ||
§Indonesia † | 27,694 | 0.4% | ||
Ireland † | 14,023 | 0.2% | ||
Israel † | 42,711 | 0.7% |
37
FTSE All-World ex-US Small-Cap Index Fund | ||||
Market | Percentage | |||
Value• | of Net | |||
Shares | ($000) | Assets | ||
1Italy † | 117,775 | 1.9% | ||
Japan † | 959,953 | 15.5% | ||
Kuwait † | 6,515 | 0.1% | ||
Malaysia | ||||
* | Supermax Corp. Bhd. | 4,275,894 | 9,760 | 0.2% |
1 | Malaysia—Other † | 55,165 | 0.9% | |
64,925 | 1.1% | |||
1Mexico † | 30,981 | 0.5% | ||
§,1Netherlands † | 66,287 | 1.1% | ||
New Zealand † | 52,726 | 0.9% | ||
1Norway † | 79,145 | 1.3% | ||
Pakistan † | 12,921 | 0.2% | ||
1Philippines † | 13,900 | 0.2% | ||
§,1Poland † | 21,239 | 0.3% | ||
Portugal † | 12,773 | 0.2% | ||
Qatar † | 3,350 | 0.1% | ||
Romania † | 550 | 0.0% | ||
1Russia † | 7,105 | 0.1% | ||
Saudi Arabia † | 28,920 | 0.5% | ||
§Singapore † | 44,153 | 0.7% | ||
§South Africa † | 30,300 | 0.5% | ||
South Korea | ||||
* | Shin Poong Pharmaceutical Co. Ltd. | 85,151 | 9,475 | 0.2% |
§ | South Korea—Other † | 310,144 | 5.0% | |
319,619 | 5.2% | |||
§,1Spain † | 68,196 | 1.1% | ||
Sweden | ||||
* | Indutrade AB | 243,051 | 12,305 | 0.2% |
Getinge AB | 582,659 | 11,408 | 0.2% | |
1 | Sweden—Other † | 229,417 | 3.7% | |
253,130 | 4.1% | |||
Switzerland | ||||
Tecan Group AG | 30,827 | 14,628 | 0.2% | |
* | ams AG | 662,974 | 14,195 | 0.2% |
38
FTSE All-World ex-US Small-Cap Index Fund | |||||
Market | Percentage | ||||
Value• | of Net | ||||
Shares | ($000) | Assets | |||
Sunrise Communications Group AG | 83,109 | 9,961 | 0.2% | ||
§,1 | Switzerland—Other † | 194,685 | 3.2% | ||
233,469 | 3.8% | ||||
§Taiwan † | 462,718 | 7.5% | |||
§Thailand † | 83,082 | 1.3% | |||
§,1Turkey † | 21,614 | 0.4% | |||
§United Arab Emirates † | 2,713 | 0.0% | |||
United Kingdom | |||||
Dechra Pharmaceuticals plc | 273,517 | 12,373 | 0.2% | ||
Games Workshop Group plc | 85,183 | 11,452 | 0.2% | ||
* | G4S plc | 4,079,007 | 10,756 | 0.2% | |
Electrocomponents plc | 1,165,935 | 10,237 | 0.2% | ||
* | William Hill plc | 2,756,377 | 9,789 | 0.2% | |
Spectris plc | 302,864 | 9,721 | 0.1% | ||
§,1 | United Kingdom—Other † | 546,202 | 8.8% | ||
610,530 | 9.9% | ||||
Total Common Stocks (Cost $6,465,985) | 6,122,351 | 99.1% | |||
Coupon | |||||
Temporary Cash Investments | |||||
Money Market Fund | |||||
2,3 | Vanguard Market Liquidity Fund | 0.112% | 2,807,031 | 280,703 | 4.5% |
4U.S. Government and Agency Obligations † | 5,106 | 0.1% | |||
Total Temporary Cash Investments (Cost $285,791) | 285,809 | 4.6% | |||
Total Investments (Cost $6,751,776) | 6,408,160 | 103.7% | |||
Other Assets and Liabilities—Net | (226,339) | (3.7%) | |||
Net Assets | 6,181,821 | 100.0% |
Cost is in $000.
• | See Note A in Notes to Financial Statements. |
§ | Certain of the fund’s securities are valued using significant unobservable inputs. |
^ | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $241,538,000. |
* | Non-income-producing security. |
† | Represents the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer, represent 1% or less of net assets. |
1 | Certain securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At October 31, 2020, the aggregate value of these securities was $258,425,000, representing 4.2% of net assets. |
2 | Collateral of $261,346,000 was received for securities on loan, of which $259,973,000 is held in Vanguard Market Liquidity Fund and $1,373,000 is held in cash. |
3 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
4 | Securities with a value of $4,594,000 have been segregated as initial margin for open futures contracts. |
REIT—Real Estate Investment Trust. |
39
FTSE All-World ex-US Small-Cap Index Fund
Derivative Financial Instruments Outstanding as of Period End | ||||
Futures Contracts | ||||
($000) | ||||
Value and | ||||
Number of | Unrealized | |||
Long (Short) | Notional | Appreciation | ||
Expiration | Contracts | Amount | (Depreciation) | |
Long Futures Contracts | ||||
MSCI EAFE Index | December 2020 | 210 | 18,731 | (853) |
E-mini S&P 500 Index | December 2020 | 85 | 13,875 | (1,050) |
MSCI Emerging Markets Index | December 2020 | 183 | 10,082 | 191 |
E-mini Russell 2000 Index | December 2020 | 103 | 7,915 | 188 |
S&P/TSX 60 Index | December 2020 | 21 | 2,917 | (103) |
(1,627) |
Forward Currency Contracts | |||||||
Contract | Unrealized | Unrealized | |||||
Settlement | Contract Amount (000) | Appreciation | (Depreciation) | ||||
Counterparty | Date | Receive | Deliver | ($000) | ($000) | ||
Goldman Sachs International | 1/14/21 | CAD | 10,354 | USD | 7,724 | 51 | — |
CAD—Canadian dollar. | |||||||
USD—U.S. dollar. |
Over-the-Counter Total Return Swaps | ||||||
Floating | ||||||
Interest | ||||||
Rate | Value and | Value and | ||||
Notional | Received | Unrealized | Unrealized | |||
Termination | Amount | (Paid)1 | Appreciation | (Depreciation) | ||
Reference Entity | Date | Counterparty | ($000) | (%) | ($000) | ($000) |
Northview Apartment REIT | 9/2/21 | BOANA | 3,436 | (1.098) | 31 | — |
1 | Based on 1-month USD London Interbank Offered Rate (LIBOR) as of the most recent payment date. Floating interest payment received/paid monthly. |
BOANA—Bank of America, N.A.
See accompanying Notes, which are an integral part of the Financial Statements.
40
FTSE All-World ex-US Small-Cap Index Fund
Statement of Assets and Liabilities
As of October 31, 2020
($000s, except shares and per-share amounts) | Amount |
Assets | |
Investments in Securities, at Value | |
Unaffiliated Issuers (Cost $6,471,091) | 6,127,457 |
Affiliated Issuers (Cost $280,685) | 280,703 |
Total Investments in Securities | 6,408,160 |
Investment in Vanguard | 277 |
Cash | 1,373 |
Foreign Currency, at Value (Cost $16,940) | 17,038 |
Receivables for Investment Securities Sold | 3,398 |
Receivables for Accrued Income | 15,262 |
Receivables for Capital Shares Issued | 846 |
Unrealized Appreciation—Forward Currency Contracts | 51 |
Unrealized Appreciation—Over-the-Counter Swap Contracts | 31 |
Total Assets | 6,446,436 |
Liabilities | |
Due to Custodian | 818 |
Payables for Investment Securities Purchased | 782 |
Collateral for Securities on Loan | 261,346 |
Payables for Capital Shares Redeemed | 788 |
Payables to Vanguard | 376 |
Variation Margin Payable—Futures Contracts | 505 |
Total Liabilities | 264,615 |
Net Assets | 6,181,821 |
41 |
FTSE All-World ex-US Small-Cap Index Fund
Statement of Assets and Liabilities (continued)
At October 31, 2020, net assets consisted of:
($000s, except shares and per-share amounts) | Amount |
Paid-in Capital | 6,840,899 |
Total Distributable Earnings (Loss) | (659,078) |
Net Assets | 6,181,821 |
ETF Shares—Net Assets | |
Applicable to 46,855,932 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 4,814,141 |
Net Asset Value Per Share—ETF Shares | $102.74 |
Admiral Shares—Net Assets | |
Applicable to 43,745,457 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 1,109,679 |
Net Asset Value Per Share—Admiral Shares | $25.37 |
Institutional Shares—Net Assets | |
Applicable to 1,314,149 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 258,001 |
Net Asset Value Per Share—Institutional Shares | $196.33 |
See accompanying Notes, which are an integral part of the Financial Statements.
42 |
FTSE All-World ex-US Small-Cap Index Fund
Statement of Operations
Year Ended | |
October 31, 2020 | |
($000) | |
Investment Income | |
Income | |
Dividends1 | 131,404 |
Interest2 | 230 |
Securities Lending—Net | 13,315 |
Total Income | 144,949 |
Expenses | |
The Vanguard Group—Note B | |
Investment Advisory Services | 955 |
Management and Administrative—ETF Shares | 3,094 |
Management and Administrative—Admiral Shares | 1,215 |
Management and Administrative—Institutional Shares | 177 |
Marketing and Distribution—ETF Shares | 234 |
Marketing and Distribution—Admiral Shares | 54 |
Marketing and Distribution—Institutional Shares | 8 |
Custodian Fees | 1,125 |
Auditing Fees | 45 |
Shareholders’ Reports—ETF Shares | 663 |
Shareholders’ Reports—Admiral Shares | 9 |
Shareholders’ Reports—Institutional Shares | — |
Trustees’ Fees and Expenses | 4 |
Total Expenses | 7,583 |
Expenses Paid Indirectly | (80) |
Net Expenses | 7,503 |
Net Investment Income | 137,446 |
Realized Net Gain (Loss) | |
Investment Securities Sold2,3 | 15,276 |
Futures Contracts | (17,819) |
Swap Contracts | 375 |
Forward Currency Contracts | (1,211) |
Foreign Currencies | (634) |
Realized Net Gain (Loss) | (4,013) |
See accompanying Notes, which are an integral part of the Financial Statements.
43 |
FTSE All-World ex-US Small-Cap Index Fund
Statement of Operations (continued)
Year Ended | |
October 31, 2020 | |
($000) | |
Change in Unrealized Appreciation (Depreciation) | |
Investment Securities2 | (140,906) |
Futures Contracts | (3,393) |
Swap Contracts | 31 |
Forward Currency Contracts | (30) |
Foreign Currencies | 472 |
Change in Unrealized Appreciation (Depreciation) | (143,826) |
Net Increase (Decrease) in Net Assets Resulting from Operations | (10,393) |
1 | Dividends are net of foreign withholding taxes of $16,957,000. |
2 | Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund were $184,000, $4,000, and ($21,000), respectively. Purchases and sales are for temporary cash investment purposes. |
3 | Includes $151,026,000 of net gain (loss) resulting from in-kind redemptions. |
See accompanying Notes, which are an integral part of the Financial Statements.
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FTSE All-World ex-US Small-Cap Index Fund
Statement of Changes in Net Assets
Year Ended October 31, | ||
2020 | 2019 | |
($000) | ($000) | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net Investment Income | 137,446 | 179,887 |
Realized Net Gain (Loss) | (4,013) | 91,010 |
Change in Unrealized Appreciation (Depreciation) | (143,826) | 265,765 |
Net Increase (Decrease) in Net Assets Resulting from Operations | (10,393) | 536,662 |
Distributions1 | ||
Investor Shares | — | (14,952) |
ETF Shares | (126,897) | (156,732) |
Admiral Shares | (23,238) | (10,430) |
Institutional Shares | (5,704) | (6,284) |
Total Distributions | (155,839) | (188,398) |
Capital Share Transactions | ||
Investor Shares | (1,182) | (835,258) |
ETF Shares | (454,913) | 105,084 |
Admiral Shares | 160,273 | 963,051 |
Institutional Shares | 19,153 | 27,779 |
Net Increase (Decrease) from Capital Share Transactions | (276,669) | 260,656 |
Total Increase (Decrease) | (442,901) | 608,920 |
Net Assets | ||
Beginning of Period | 6,624,722 | 6,015,802 |
End of Period | 6,181,821 | 6,624,722 |
1 Certain prior-period numbers have been reclassified to conform with the current-period presentation.
See accompanying Notes, which are an integral part of the Financial Statements.
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FTSE All-World ex-US Small-Cap Index Fund
Financial Highlights
Investor Shares
Nov. 1, | ||||||
2019 to | Year Ended October 31, | |||||
For a Share Outstanding | Nov. 7, | |||||
Throughout Each Period | 20191 | 2019 | 2018 | 2017 | 2016 | |
Net Asset Value, Beginning of Period | $40.42 | $38.50 | $44.36 | $36.74 | $36.27 | |
Investment Operations | ||||||
Net Investment Income | .0102 | .9582 | 1.1152 | .9652 | .933 | |
Net Realized and Unrealized Gain (Loss) on Investments | .690 | 2.064 | (5.832) | 7.684 | .461 | |
Total from Investment Operations | .700 | 3.022 | (4.717) | 8.649 | 1.394 | |
Distributions | ||||||
Dividends from Net Investment Income | — | (1.102) | (1.143) | (1.029) | (.924) | |
Distributions from Realized Capital Gains | — | — | — | — | — | |
Total Distributions | — | (1.102) | (1.143) | (1.029) | (.924) | |
Net Asset Value, End of Period | $41.121 | $40.42 | $38.50 | $44.36 | $36.74 | |
Total Return3 | 1.73% | 8.16% | -10.95% | 24.02% | 3.95% | |
Ratios/Supplemental Data | ||||||
Net Assets, End of Period (Millions) | $— | $1 | $804 | $812 | $520 | |
Ratio of Total Expenses to Average Net Assets | 0.22%4 | 0.22% | 0.22% | 0.25% | 0.27% | |
Ratio of Net Investment Income to Average Net Assets | 1.29%4 | 2.47% | 2.50% | 2.40% | 2.63% | |
Portfolio Turnover Rate5 | 22%6 | 17% | 15% | 14% | 14% |
1 | Net asset value as of November 7, 2019, on which date the remaining Investor Shares were converted to Admiral Shares. |
2 | Calculated based on average shares outstanding. |
3 | Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees. |
4 | Annualized. |
5 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
6 | Reflects the fund’s portfolio turnover for the fiscal year ended October 31, 2020. |
See accompanying Notes, which are an integral part of the Financial Statements.
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FTSE All-World ex-US Small-Cap Index Fund
Financial Highlights
ETF Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $105.96 | $100.93 | $116.30 | $96.34 | $95.09 |
Investment Operations | |||||
Net Investment Income | 2.1771 | 2.8711 | 3.0191 | 2.6501 | 2.574 |
Net Realized and Unrealized Gain (Loss) on Investments | (2.905) | 5.156 | (15.269) | 20.140 | 1.216 |
Total from Investment Operations | (.728) | 8.027 | (12.250) | 22.790 | 3.790 |
Distributions | |||||
Dividends from Net Investment Income | (2.492) | (2.997) | (3.120) | (2.830) | (2.540) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (2.492) | (2.997) | (3.120) | (2.830) | (2.540) |
Net Asset Value, End of Period | $102.74 | $105.96 | $100.93 | $116.30 | $96.34 |
Total Return | -0.81% | 8.28% | -10.87% | 24.16% | 4.11% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $4,814 | $5,400 | $5,009 | $4,568 | $2,652 |
Ratio of Total Expenses to Average Net Assets | 0.11% | 0.11% | 0.12% | 0.13% | 0.13% |
Ratio of Net Investment Income to Average Net Assets | 2.17% | 2.80% | 2.60% | 2.52% | 2.77% |
Portfolio Turnover Rate2 | 22% | 17% | 15% | 14% | 14% |
1 | Calculated based on average shares outstanding. |
2 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
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FTSE All-World ex-US Small-Cap Index Fund
Financial Highlights
Admiral Shares
Year | Feb. 7, | |
Ended | 20191 to | |
Oct. 31, | Oct. 31, | |
For a Share Outstanding Throughout Each Period | 2020 | 2019 |
Net Asset Value, Beginning of Period | $26.16 | $25.00 |
Investment Operations | ||
Net Investment Income2 | .524 | .572 |
Net Realized and Unrealized Gain (Loss) on Investments | (.711) | .935 |
Total from Investment Operations | (.187) | 1.507 |
Distributions | ||
Dividends from Net Investment Income | (.603) | (.347) |
Distributions from Realized Capital Gains | — | — |
Total Distributions | (.603) | (.347) |
Net Asset Value, End of Period | $25.37 | $26.16 |
Total Return3 | -0.84% | 6.08% |
Ratios/Supplemental Data | ||
Net Assets, End of Period (Millions) | $1,110 | $981 |
Ratio of Total Expenses to Average Net Assets | 0.16% | 0.16%4 |
Ratio of Net Investment Income to Average Net Assets | 2.12% | 3.07%4 |
Portfolio Turnover Rate5 | 22% | 17%6 |
1 | Inception. |
2 | Calculated based on average shares outstanding. |
3 | Total return does not include account service fees that may have applied in the period shown. Fund prospectuses provide information about any applicable account service fees. |
4 | Annualized. |
5 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
6 | Reflects the fund’s portfolio turnover for the fiscal year ended October 31, 2019. |
See accompanying Notes, which are an integral part of the Financial Statements.
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FTSE All-World ex-US Small-Cap Index Fund
Financial Highlights
Institutional Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $202.46 | $192.87 | $222.24 | $184.07 | $181.69 |
Investment Operations | |||||
Net Investment Income | 4.1111 | 5.5001 | 5.7481 | 5.0441 | 4.937 |
Net Realized and Unrealized Gain (Loss) on Investments | (5.479) | 9.824 | (29.138) | 38.536 | 2.326 |
Total from Investment Operations | (1.368) | 15.324 | (23.390) | 43.580 | 7.263 |
Distributions | |||||
Dividends from Net Investment Income | (4.762) | (5.734) | (5.980) | (5.410) | (4.883) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (4.762) | (5.734) | (5.980) | (5.410) | (4.883) |
Net Asset Value, End of Period | $196.33 | $202.46 | $192.87 | $222.24 | $184.07 |
Total Return | -0.81% | 8.26% | -10.85% | 24.18% | 4.11% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $258 | $242 | $203 | $226 | $175 |
Ratio of Total Expenses to Average Net Assets | 0.11% | 0.11% | 0.11% | 0.12% | 0.12% |
Ratio of Net Investment Income to Average Net Assets | 2.13% | 2.81% | 2.61% | 2.53% | 2.78% |
Portfolio Turnover Rate2 | 22% | 17% | 15% | 14% | 14% |
1 | Calculated based on average shares outstanding. |
2 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
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FTSE All-World ex-US Small-Cap Index Fund
Notes to Financial Statements
Vanguard FTSE All-World ex-US Small-Cap Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund offers three classes of shares: ETF Shares, Admiral Shares, and Institutional Shares. Each of the share classes has different eligibility and minimum purchase requirements, and is designed for different types of investors. ETF Shares are listed for trading on NYSE Arca; they can be purchased and sold through a broker. Prior to November 7, 2019, the fund offered Investor Shares. Effective at the close of business on November 7, 2019, the remaining Investor Shares were converted to Admiral Shares.
The fund invests in securities of foreign issuers, which may subject it to investment risks not normally associated with investing in securities of U.S. corporations. Market disruptions associated with the COVID-19 pandemic have had a global impact, and uncertainty exists as to the long-term implications. Such disruptions can adversely affect assets of the fund and thus fund performance.
A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.
1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued at their fair values calculated according to procedures adopted by the board of trustees. These procedures include obtaining quotations from an independent pricing service, monitoring news to identify significant market- or security-specific events, and evaluating changes in the values of foreign market proxies (for example, ADRs, futures contracts, or exchange-traded funds), between the time the foreign markets close and the fund’s pricing time. When fair-value pricing is employed, the prices of securities used by a fund to calculate its net asset value may differ from quoted or published prices for the same securities. Investments in Vanguard Market Liquidity Fund are valued at that fund’s net asset value. Temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services.
2. Foreign Currency: Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using exchange rates obtained from an independent third party as of the fund’s pricing time on the valuation date. Realized gains (losses) and unrealized appreciation (depreciation) on investment securities include the effects of changes in exchange rates since the securities were purchased, combined with the effects of changes in security prices. Fluctuations in the value of other assets and liabilities resulting from changes in exchange rates are recorded as unrealized foreign currency gains (losses) until the assets or liabilities are settled in cash, at which time they are recorded as realized foreign currency gains (losses).
3. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures contracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the underlying index while maintaining a cash balance for liquidity. The primary risks associated with
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FTSE All-World ex-US Small-Cap Index Fund
the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. The notional amounts of the contracts are not recorded in the Statement of Assets and Liabilities. Fluctuations in the value of the contracts are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized gains (losses) on futures contracts.
During the year ended October 31, 2020, the fund’s average investments in long and short futures contracts represented less than 1% and 0% of net assets, respectively, based on the average of the notional amounts at each quarter-end during the period.
4. Forward Currency Contracts: The fund enters into forward currency contracts to provide the appropriate currency exposure related to any open futures contracts. The fund’s risks in using these contracts include movement in the values of the foreign currencies relative to the U.S. dollar and the ability of the counterparties to fulfill their obligations under the contracts. The fund mitigates its counterparty risk by entering into forward currency contracts only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. The master netting arrangements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate the forward currency contracts, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The forward currency contracts contain provisions whereby a counterparty may terminate open contracts if the fund’s net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the forward currency contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.
Forward currency contracts are valued at their quoted daily prices obtained from an independent third party, adjusted for currency risk based on the expiration date of each contract. The notional amounts of the contracts are not recorded in the Statement of Assets and Liabilities. Fluctuations in the value of the contracts are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized gains (losses) on forward currency contracts.
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FTSE All-World ex-US Small-Cap Index Fund
During the year ended October 31, 2020, the fund’s average investment in forward currency contracts represented less than 1% of net assets, based on the average of notional amounts at each quarter-end during the period.
5. Swap Contracts: The fund has entered into equity swap contracts to earn the total return on selected reference stocks in the fund’s target index. Under the terms of the swaps, the fund receives the total return on the referenced stock (i.e., receiving the increase or paying the decrease in value of the selected reference stock and receiving the equivalent of any dividends in respect of the selected referenced stock) over a specified period of time, applied to a notional amount that represents the value of a designated number of shares of the selected reference stock at the beginning of the equity swap contract. The fund also pays a floating rate that is based on short-term interest rates, applied to the notional amount. At the same time, the fund generally invests an amount approximating the notional amount of the swap in high-quality temporary cash investments.
A risk associated with all types of swaps is the possibility that a counterparty may default on its obligation to pay net amounts due to the fund. The fund’s maximum amount subject to counterparty risk is the unrealized appreciation on the swap contract. The fund mitigates its counterparty risk by entering into swaps only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. In the event of a counterparty’s default (including bankruptcy), the fund may terminate any swap contracts with that counterparty, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The swap contracts contain provisions whereby a counterparty may terminate open contracts if the fund’s net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the swap contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.
The notional amounts of swap contracts are not recorded in the Statement of Assets and Liabilities. Swaps are valued daily based on market quotations received from independent pricing services or recognized dealers and the change in value is recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until periodic payments are made or the termination of the swap, at which time realized gain (loss) is recorded.
During the year ended October 31, 2020, the fund’s average amounts of investments in total return swaps represented less than 1% of net assets, based on the average of notional amounts at each quarter-end during the period.
6. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. The fund’s tax returns are open to examination by the relevant tax authorities until expiration of the applicable statute of limitations, which is generally three years after the filing of the tax return. Management has analyzed the fund’s tax positions taken for all open federal and state income tax years, and has concluded that no provision for income tax is required in the fund’s financial statements.
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FTSE All-World ex-US Small-Cap Index Fund
7. Distributions: Distributions to shareholders are recorded on the ex-dividend date. Distributions are determined on a tax basis at the fiscal year-end and may differ from net investment income and realized capital gains for financial reporting purposes.
8. Securities Lending: To earn additional income, the fund lends its securities to qualified institutional borrowers. Security loans are subject to termination by the fund at any time, and are required to be secured at all times by collateral in an amount at least equal to the market value of securities loaned. Daily market fluctuations could cause the value of loaned securities to be more or less than the value of the collateral received. When this occurs, the collateral is adjusted and settled before the opening of the market on the next business day. The fund further mitigates its counterparty risk by entering into securities lending transactions only with a diverse group of prequalified counterparties, monitoring their financial strength, and entering into master securities lending agreements with its counterparties. The master securities lending agreements provide that, in the event of a counter-party’s default (including bankruptcy), the fund may terminate any loans with that borrower, determine the net amount owed, and sell or retain the collateral up to the net amount owed to the fund; however, such actions may be subject to legal proceedings. While collateral mitigates counterparty risk, in the event of a default, the fund may experience delays and costs in recovering the securities loaned. The fund invests cash collateral received in Vanguard Market Liquidity Fund, and records a liability in the Statement of Assets and Liabilities for the return of the collateral, during the period the securities are on loan. Collateral investments in Vanguard Market Liquidity Fund are subject to market appreciation or depreciation. Securities lending income represents fees charged to borrowers plus income earned on invested cash collateral, less expenses associated with the loan. During the term of the loan, the fund is entitled to all distributions made on or in respect of the loaned securities.
9. Credit Facilities and Interfund Lending Program: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $4.3 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement and an uncommitted credit facility provided by Vanguard. Both facilities may be renewed annually. Each fund is individually liable for its borrowings, if any, under the credit facilities. Borrowings may be utilized for temporary or emergency purposes, subject to the fund’s regulatory and contractual borrowing restrictions. With respect to the committed credit facility, the participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn committed amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under either facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate (or an acceptable alternate rate, if necessary), federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread, except that borrowings under the uncommitted credit facility may bear interest based upon an alternative rate agreed to by the fund and Vanguard.
In accordance with an exemptive order (the “Order”) from the SEC, the fund may participate in a joint lending and borrowing program that allows registered open-end Vanguard funds to borrow money from and lend money to each other for temporary or emergency purposes (the “Interfund Lending Program”), subject to compliance with the terms and conditions of the Order, and to the extent permitted by the fund’s investment objective and investment policies. Interfund loans and borrowings normally extend overnight, but can have a maximum duration of seven days. Loans may be called on one business day’s notice. The interest rate to be charged is governed by the conditions of the Order and internal procedures adopted by the board of trustees. The board of trustees is responsible for overseeing the Interfund Lending Program.
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FTSE All-World ex-US Small-Cap Index Fund
For the year ended October 31, 2020, the fund did not utilize the credit facilities or the Interfund Lending Program.
10. Other: Dividend income is recorded on the ex-dividend date. Interest income includes income distributions received from Vanguard Market Liquidity Fund and is accrued daily. Premiums and discounts on debt securities are amortized and accreted, respectively, to interest income over the lives of the respective securities, except for premiums on certain callable debt securities that are amortized to the earliest call date. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.
Taxes on foreign dividends and capital gains have been provided for in accordance with the fund’s understanding of the applicable countries’ tax rules and rates. Foreign capital gains tax, if any, is accrued daily based upon applicable net unrealized gains. The fund has filed tax reclaims for previously withheld taxes on dividends earned in certain European Union countries. These filings are subject to various administrative and judicial proceedings within these countries. Such tax reclaims received during the year, if any, are included in dividend income. No other amounts for additional tax reclaims are reflected in the financial statements due to the uncertainty as to the ultimate resolution of proceedings, the likelihood of receipt of these reclaims, and the potential timing of payment.
Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.
B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees and are generally settled twice a month.
Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At October 31, 2020, the fund had contributed to Vanguard capital in the amount of $277,000, representing less than 0.01% of the fund’s net assets and 0.11% of Vanguard’s capital received pursuant to the FSA. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.
C. The fund’s custodian bank has agreed to reduce its fees when the fund maintains cash on deposit in the non-interest-bearing custody account. For the year ended October 31, 2020, custodian fee offset arrangements reduced the fund’s expenses by $80,000 (an annual rate of less than 0.01% of average net assets).
D. Various inputs may be used to determine the value of the fund’s investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
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FTSE All-World ex-US Small-Cap Index Fund
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.
The following table summarizes the market value of the fund’s investments and derivatives as of October 31, 2020, based on the inputs used to value them:
Level 1 | Level 2 | Level 3 | Total | |
($000) | ($000) | ($000) | ($000) | |
Investments | ||||
Assets | ||||
Common Stocks—North and South America | 977,627 | — | — | 977,627 |
Common Stocks—Other | 42,806 | 5,091,986 | 9,932 | 5,144,724 |
Temporary Cash Investments | 280,703 | 5,106 | — | 285,809 |
Total | 1,301,136 | 5,097,092 | 9,932 | 6,408,160 |
Derivative Financial Instruments | ||||
Assets | ||||
Forward Currency Contracts | — | 51 | — | 51 |
Swap Contracts | — | 31 | — | 31 |
Total | — | 82 | — | 82 |
Liabilities | ||||
Futures Contracts1 | 505 | — | — | 505 |
1 Represents variation margin on the last day of the reporting period.
E. At October 31, 2020, the fair values of derivatives were reflected in the Statement of Assets and Liabilities as follows:
Foreign | |||
Equity | Exchange | ||
Contracts | Contracts | Total | |
Statement of Assets and Liabilities Caption | ($000) | ($000) | ($000) |
Unrealized Appreciation—Forward Currency Contracts | — | 51 | 51 |
Unrealized Appreciation—Over-the-Counter Swap Contracts | 31 | — | 31 |
Total Assets | 31 | 51 | 82 |
Variation Margin Payable—Futures Contracts | 505 | — | 505 |
Total Liabilities | 505 | — | 505 |
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FTSE All-World ex-US Small-Cap Index Fund
Realized net gain (loss) and the change in unrealized appreciation (depreciation) on derivatives for the year ended October 31, 2020, were:
Foreign | |||
Equity | Exchange | ||
Contracts | Contracts | Total | |
Realized Net Gain (Loss) on Derivatives | ($000) | ($000) | ($000) |
Futures Contracts | (17,819) | — | (17,819) |
Swap Contracts | 375 | — | 375 |
Forward Currency Contracts | — | (1,211) | (1,211) |
Realized Net Gain (Loss) on Derivatives | (17,444) | (1,211) | (18,655) |
Change in Unrealized Appreciation (Depreciation) on Derivatives | |||
Futures Contracts | (3,393) | — | (3,393) |
Swap Contracts | 31 | — | 31 |
Forward Currency Contracts | — | (30) | (30) |
Change in Unrealized Appreciation (Depreciation) on Derivatives | (3,362) | (30) | (3,392) |
F. Permanent differences between book-basis and tax-basis components of net assets are reclassified among capital accounts in the financial statements to reflect their tax character. These reclassifications have no effect on net assets or net asset value per share. As of period end, permanent differences primarily attributable to the accounting for in-kind redemptions, foreign currency transactions, passive foreign investment companies, swap agreements, and tax expense on capital gains were reclassified between the following accounts:
Amount | |
($000) | |
Paid-in Capital | 144,366 |
Total Distributable Earnings (Loss) | (144,366) |
Temporary differences between book-basis and tax-basis components of total distributable earnings (loss) arise when certain items of income, gain, or loss are recognized in different periods for financial statement and tax purposes; these differences will reverse at some time in the future. The differences are primarily related to the deferral of losses from wash sales; the recognition of unrealized gains or losses from certain derivative contracts; the recognition of unrealized gains from
56 |
FTSE All-World ex-US Small-Cap Index Fund
passive foreign investment companies; and the classification of securities for tax purposes. As of period end, the tax-basis components of total distributable earnings (loss) are detailed in the table as follows:
Amount | |
($000) | |
Undistributed Ordinary Income | 100,048 |
Undistributed Long-Term Gains | — |
Capital Loss Carryforwards | (357,302) |
Qualified Late-Year Losses | — |
Net Unrealized Gains (Losses) | (401,824) |
The tax character of distributions paid was as follows:
Year Ended October 31, | ||
2020 | 2019 | |
Amount | Amount | |
($000) | ($000) | |
Ordinary Income* | 155,839 | 188,398 |
Long-Term Capital Gains | — | — |
Total | 155,839 | 188,398 |
* Includes short-term capital gains, if any.
As of October 31, 2020, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:
Amount | |
($000) | |
Tax Cost | 6,810,233 |
Gross Unrealized Appreciation | 1,074,555 |
Gross Unrealized Depreciation | (1,476,731) |
Net Unrealized Appreciation (Depreciation) | (402,176) |
G. During the year ended October 31, 2020, the fund purchased $1,619,690,000 of investment securities and sold $1,937,547,000 of investment securities, other than temporary cash investments. Purchases and sales include $147,197,000 and $558,065,000, respectively, in connection with in-kind purchases and redemptions of the fund’s capital shares.
57 |
FTSE All-World ex-US Small-Cap Index Fund
H. Capital share transactions for each class of shares were:
Year Ended October 31, | |||||
2020 | 2019 | ||||
Amount | Shares | Amount | Shares | ||
($000) | (000) | ($000) | (000) | ||
Investor Shares | |||||
Issued | 32 | 1 | 222,587 | 5,826 | |
Issued in Lieu of Cash Distributions | — | — | 12,683 | 357 | |
Redeemed1 | (1,214) | (30) | (1,070,528) | (27,045) | |
Net Increase (Decrease)—Investor Shares | (1,182) | (29) | (835,258) | (20,862) | |
ETF Shares | |||||
Issued | 244,640 | 2,889 | 676,487 | 6,943 | |
Issued in Lieu of Cash Distributions | — | — | — | — | |
Redeemed | (699,553) | (7,000) | (571,403) | (5,600) | |
Net Increase (Decrease)—ETF Shares | (454,913) | (4,111) | 105,084 | 1,343 | |
Admiral Shares2 | |||||
Issued1 | 470,074 | 19,863 | 1,038,579 | 40,489 | |
Issued in Lieu of Cash Distributions | 19,873 | 738 | 8,784 | 346 | |
Redeemed | (329,674) | (14,370) | (84,312) | (3,320) | |
Net Increase (Decrease)—Admiral Shares | 160,273 | 6,231 | 963,051 | 37,515 | |
Institutional Shares | |||||
Issued | 91,432 | 518 | 60,505 | 312 | |
Issued in Lieu of Cash Distributions | 5,560 | 27 | 6,249 | 34 | |
Redeemed | (77,839) | (426) | (38,975) | (203) | |
Net Increase (Decrease)—Institutional Shares | 19,153 | 119 | 27,779 | 143 |
1 | In November 2018, the fund announced changes to the availability and minimum investment criteria of the Investor and Admiral share classes. As a result, all of the outstanding Investor Shares automatically converted to Admiral Shares beginning in April 2019. Investor Shares—Redeemed and Admiral Shares—Issued include 283 shares and 437 shares, respectively, in the amount of $12,000 from the conversion during the year ended October 31, 2020. Investor Shares—Redeemed and Admiral Shares—Issued include 22,154,000 shares and 34,228,000 shares, respectively, in the amount of $879,751,000 from the conversion during the year ended October 31, 2019. |
2 | Inception was February 7, 2019, for Admiral Shares. |
I. Management has determined that no events or transactions occurred subsequent to October 31, 2020, that would require recognition or disclosure in these financial statements.
58 |
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of Vanguard International Equity Index Funds and Shareholders of Vanguard FTSE All-World ex-US Index Fund and Vanguard FTSE All-World ex-US Small-Cap Index Fund
Opinions on the Financial Statements
We have audited the accompanying statements of assets and liabilities, including the schedules of investments-investments summary, of Vanguard FTSE All-World ex-US Index Fund and Vanguard FTSE All-World ex-US Small-Cap Index Fund (two of the funds constituting Vanguard International Equity Index Funds, hereafter collectively referred to as the “Funds”) as of October 31, 2020, the related statements of operations for the year ended October 31, 2020, the statements of changes in net assets for each of the two years in the period ended October 31, 2020, including the related notes, and the financial highlights for each of the periods indicated therein (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds as of October 31, 2020, the results of each of their operations for the year then ended, the changes in each of their net assets for each of the two years in the period ended October 31, 2020 and each of the financial highlights for each of the periods indicated therein in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinions
These financial statements are the responsibility of the Funds’ management. Our responsibility is to express an opinion on the Funds’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of October 31, 2020 by correspondence with the custodian and brokers and by agreement to the underlying ownership records of the transfer agent; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions.
/s/PricewaterhouseCoopers LLP
Philadelphia, Pennsylvania
December 17, 2020
We have served as the auditor of one or more investment companies in The Vanguard Group of Funds since 1975.
59 |
Special 2020 tax information (unaudited) for Vanguard FTSE All-World ex-US Index Fund
This information for the fiscal year ended October 31, 2020, is included pursuant to provisions of the Internal Revenue Code.
The fund distributed $732,742,000 of qualified dividend income to shareholders during the fiscal year.
The fund designates to shareholders foreign source income of $1,066,438,000 and foreign taxes paid of $81,055,000. Shareholders will receive more detailed information with their Form 1099-DIV in January 2021 to determine the calendar-year amounts to be included on their 2020 tax returns.
Special 2020 tax information (unaudited) for Vanguard FTSE All-World ex-US Small-Cap Index Fund
This information for the fiscal year ended October 31, 2020, is included pursuant to provisions of the Internal Revenue Code.
The fund distributed $76,093,000 of qualified dividend income to shareholders during the fiscal year.
The fund designates to shareholders foreign source income of $148,339,000 and foreign taxes paid of $15,770,000. Shareholders will receive more detailed information with their Form 1099-DIV in January 2021 to determine the calendar-year amounts to be included on their 2020 tax returns.
60 |
London Stock Exchange Group companies include FTSE International Limited (“FTSE”), Frank Russell Company (“Russell”), MTS Next Limited (“MTS”), and FTSE TMX Global Debt Capital Markets Inc. (“FTSE TMX”). All rights reserved. “FTSE®”, “Russell®”, “MTS®”, “FTSE TMX®” and “FTSE Russell” and other service marks and trademarks related to the FTSE or Russell indexes are trademarks of the London Stock Exchange Group companies and are used by FTSE, MTS, FTSE TMX and Russell under license. All information is provided for information purposes only. Every effort is made to ensure that all information given in this publication is accurate, but no responsibility or liability can be accepted by the London Stock Exchange Group companies nor its licensors for any errors or for any loss from use of this publication. Neither the London Stock Exchange Group companies nor any of their licensors make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the Indices or the fitness or suitability of the Indices for any particular purpose to which they might be put. The London Stock Exchange Group companies do not provide investment advice and nothing in this document should be taken as constituting financial or investment advice. The London Stock Exchange Group companies make no representation regarding the advisability of investing in any asset. A decision to invest in any such asset should not be made in reliance on any information herein. Indexes cannot be invested in directly. Inclusion of an asset in an index is not a recommendation to buy, sell or hold that asset. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. No part of this information may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission of the London Stock Exchange Group companies. Distribution of the London Stock Exchange Group companies’ index values and the use of their indexes to create financial products require a license with FTSE, FTSE TMX, MTS and/or Russell and/or its licensors.
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The People Who Govern Your Fund
The trustees of your mutual fund are there to see that the fund is operated and managed in your best interests since, as a shareholder, you are a part owner of the fund. Your fund’s trustees also serve on the board of directors of The Vanguard Group, Inc., which is owned by the Vanguard funds and provides services to them.
A majority of Vanguard’s board members are independent, meaning that they have no affiliation with Vanguard or the funds they oversee, apart from the sizable personal investments they have made as private individuals. The independent board members have distinguished backgrounds in business, academia, and public service. Each of the trustees and executive officers oversees 213 Vanguard funds.
Information for each trustee and executive officer of the fund appears below. That information, as well as the Vanguard fund count, is as of the date on the cover of this fund report. The mailing address of the trustees and officers is P.O. Box 876, Valley Forge, PA 19482. More information about the trustees is in the Statement of Additional Information, which can be obtained, without charge, by contacting Vanguard at 800-662-7447, or online at vanguard.com.
Interested Trustee1
Mortimer J. Buckley
Born in 1969. Trustee since January 2018. Principal occupation(s) during the past five years and other experience: chairman of the board (2019–present) of Vanguard and of each of the investment companies served by Vanguard; chief executive officer (2018– present) of Vanguard; chief executive officer, president, and trustee (2018–present) of each of the investment companies served by Vanguard; president and director (2017–present) of Vanguard; and president (2018–present) of Vanguard Marketing Corporation. Chief investment officer (2013–2017), managing director (2002–2017), head of the Retail Investor Group (2006–2012), and chief information officer (2001–2006) of Vanguard. Chairman of the board (2011–2017) and trustee (2009–2017) of the Children’s Hospital of Philadelphia; and trustee (2018–present) and vice chair (2019–present) of The Shipley School.
Independent Trustees
Emerson U. Fullwood
Born in 1948. Trustee since January 2008. Principal occupation(s) during the past five years and other experience: executive chief staff and marketing officer for North America and corporate vice president (retired 2008) of Xerox Corporation (document management products and services). Former president of the Worldwide Channels Group, Latin America, and
Worldwide Customer Service and executive chief staff officer of Developing Markets of Xerox. Executive in residence and 2009–2010 Distinguished Minett Professor at the Rochester Institute of Technology. Director of SPX FLOW, Inc. (multi-industry manufac-turing). Director of the University of Rochester Medical Center, the Monroe Community College Foundation, the United Way of Rochester, North Carolina A&T University, and Roberts Wesleyan College. Trustee of the University of Rochester.
Amy Gutmann
Born in 1949. Trustee since June 2006. Principal occupation(s) during the past five years and other experience: president (2004–present) of the University of Pennsylvania. Christopher H. Browne Distinguished Professor of Political Science, School of Arts and Sciences, and professor of communication, Annenberg School for Communication, with secondary faculty appointments in the Department of Philosophy, School of Arts and Sciences, and at the Graduate School of Education, University of Pennsylvania.
F. Joseph Loughrey
Born in 1949. Trustee since October 2009. Principal occupation(s) during the past five years and other experience: president and chief operating officer (retired 2009) and vice chairman of the board (2008–2009) of Cummins Inc. (industrial machinery). Chairman of the board of Hillenbrand, Inc. (specialized consumer services) and the Lumina Foundation. Director of the V Foundation. Member of the advisory
1 | Mr. Buckley is considered an “interested person,” as defined in the Investment Company Act of 1940, because he is an officer of the Vanguard funds. |
council for the College of Arts and Letters and chair of the advisory board to the Kellogg Institute for International Studies, both at the University of Notre Dame.
Mark Loughridge
Born in 1953. Trustee since March 2012. Principal occupation(s) during the past five years and other experience: senior vice president and chief financial officer (retired 2013) of IBM (information technology services). Fiduciary member of IBM’s Retirement Plan Committee (2004–2013), senior vice president and general manager (2002–2004) of IBM Global Financing, vice president and controller (1998–2002) of IBM, and a variety of other prior management roles at IBM. Member of the Council on Chicago Booth.
Scott C. Malpass
Born in 1962. Trustee since March 2012. Principal occupation(s) during the past five years and other experience: chief investment officer (retired June 2020) and vice president (retired June 2020) of the University of Notre Dame. Assistant professor of finance at the Mendoza College of Business, University of Notre Dame, and member of the Notre Dame 403(b) Investment Committee (retired June 2020). Member of the board of Catholic Investment Services, Inc. (investment advisors) and the board of superintendence of the Institute for the Works of Religion.
Deanna Mulligan
Born in 1963. Trustee since January 2018. Principal occupation(s) during the past five years and other experience: board chair (2020–present), chief executive officer (2011–2020), and president (2010–2019) of The Guardian Life Insurance Company of America. Chief operating officer (2010–2011) and executive vice president (2008–2010) of the individual life and disability division of Guardian Life. Member of the board of the American Council of Life Insurers and the board of the Economic Club of New York. Trustee of the Partnership for New York City (business leadership), Chief Executives for Corporate Purpose, NewYork-Presbyterian Hospital, Catalyst, and the Bruce Museum (arts and science). Member of the Advisory Council for the Stanford Graduate School of Business.
André F. Perold
Born in 1952. Trustee since December 2004. Principal occupation(s) during the past five years and other experience: George Gund Professor of Finance and Banking, Emeritus at the Harvard Business School (retired 2011). Chief investment officer and co-managing partner of HighVista Strategies (private investment firm). Member of the board of advisors and member of the investment committee of the Museum of Fine Arts Boston. Member of the board (2018–present) of RIT Capital Partners (investment firm). Member of the investment committee of Partners Health Care System.
Sarah Bloom Raskin
Born in 1961. Trustee since January 2018. Principal occupation(s) during the past five years and other experience: deputy secretary (2014–2017) of the United States Department of the Treasury. Governor (2010–2014) of the Federal Reserve Board. Commissioner (2007–2010) of financial regulation for the State of Maryland. Member of the board of directors (2012–2014) of Neighborhood Reinvestment Corporation. Director (2017–present) of i(x) Investments, LLC; director (2017–present) of Reserve Trust. Rubenstein Fellow (2017–present) of Duke University; trustee (2017–present) of Amherst College, and trustee (2019–present) of the Folger Shakespeare Library.
Peter F. Volanakis
Born in 1955. Trustee since July 2009. Principal occupation(s) during the past five years and other experience: president and chief operating officer (retired 2010) of Corning Incorporated (communications equipment) and director of Corning Incorporated (2000–2010) and Dow Corning (2001–2010). Director (2012) of SPX Corporation (multi-industry manufacturing). Overseer of the Amos Tuck School of Business Administration, Dartmouth College (2001–2013). Chairman of the board of trustees of Colby-Sawyer College. Member of the board of Hypertherm Inc. (industrial cutting systems, software, and consumables).
Executive Officers
John Bendl
Born in 1970. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Chief financial officer (2019–present) of each of the investment companies served by Vanguard. Chief accounting officer, treasurer, and controller of Vanguard (2017–present). Partner (2003–2016) at KPMG (audit, tax, and advisory services).
Christine M. Buchanan
Born in 1970. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Treasurer (2017–present) of each of the investment companies served by Vanguard. Partner (2005–2017) at KPMG (audit, tax, and advisory services).
David Cermak
Born in 1960. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Finance director (2019–present) of each of the investment companies served by Vanguard. Managing director and head (2017–present) of Vanguard Investments Singapore. Managing director and head (2017–2019) of Vanguard Investments Hong Kong. Representative director and head (2014–2017) of Vanguard Investments Japan.
John Galloway
Born in 1973. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Investment stewardship officer (September 2020–present) of each of the investment companies served by Vanguard. Head of Investor Advocacy (February 2020–present) and head of Marketing Strategy and Planning (2017–2020) at Vanguard. Deputy assistant to the President of the United States (2015).
Thomas J. Higgins
Born in 1957. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Finance director (2019–present), chief financial officer (2008–2019), and treasurer (1998–2008) of each of the investment companies served by Vanguard.
Peter Mahoney
Born in 1974. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Controller (2015–present) of each of the investment companies served by Vanguard. Head of International Fund Services (2008–2014) at Vanguard.
Anne E. Robinson
Born in 1970. Principal occupation(s) during the past five years and other experience: general counsel (2016–present) of Vanguard. Secretary (2016–present) of Vanguard and of each of the investment companies served by Vanguard. Managing director (2016–present) of Vanguard. Managing director and general counsel of Global Cards and Consumer Services (2014–2016) at Citigroup. Counsel (2003–2014) at American Express.
Michael Rollings
Born in 1963. Principal occupation(s) during the past five years and other experience: finance director (2017–present) and treasurer (2017) of each of the investment companies served by Vanguard. Managing director (2016–present) of Vanguard. Chief financial officer (2016–present) of Vanguard. Director (2016–present) of Vanguard Marketing Corporation. Executive vice president and chief financial officer (2006–2016) of MassMutual Financial Group.
John E. Schadl
Born in 1972. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Chief compliance officer (2019–present) of Vanguard and of each of the investment companies served by Vanguard. Assistant vice president (2019–present) of Vanguard Marketing Corporation.
Vanguard Senior Management Team
Joseph Brennan | James M. Norris |
Mortimer J. Buckley | Thomas M. Rampulla |
Gregory Davis | Karin A. Risi |
John James | Anne E. Robinson |
John T. Marcante | Michael Rollings |
Chris D. McIsaac | Lauren Valente |
Connect with Vanguard® > vanguard.com
Fund Information > 800-662-7447
Direct Investor Account Services > 800-662-2739
Institutional Investor Services > 800-523-1036
Text Telephone for People
Who Are Deaf or Hard of Hearing > 800-749-7273
This material may be used in conjunction with the offering of shares of any Vanguard fund only if preceded or accompanied by the fund’s current prospectus.
All comparative mutual fund data are from Morningstar, Inc., unless otherwise noted.
You can obtain a free copy of Vanguard’s proxy voting guidelines by visiting vanguard.com/proxyreporting or by calling Vanguard at 800-662-2739. The guidelines are also available from the SEC’s website, www.sec.gov. In addition, you may obtain a free report on how your fund voted the proxies for securities it owned during the 12 months ended June 30. To get the report, visit either vanguard.com/proxyreporting or www.sec.gov.
You can review information about your fund on the SEC’s website, and you can receive copies of this information, for a fee, by sending a request via email addressed to publicinfo@sec.gov.
Source for Bloomberg Barclays indexes: Bloomberg Index Services Limited. Copyright 2020, Bloomberg. All rights reserved.
© 2020 The Vanguard Group, Inc. | |
All rights reserved. | |
U.S. Patent Nos. 6,879,964; 7,337,138; | |
7,720,749; 7,925,573; 8,090,646; 8,417,623; and 8,626,636. | |
Vanguard Marketing Corporation, Distributor. | |
Q7700 122020 |
Annual Report | October 31, 2020 | |
Vanguard Global ex-U.S. Real Estate Index Fund | |
See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports. | |
Important information about access to shareholder reports
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report.
If you have already elected to receive shareholder reports electronically, you will not be affected by this change and do not need to take any action. You may elect to receive shareholder reports and other communications from the fund electronically by contacting your financial intermediary (such as a broker-dealer or bank) or, if you invest directly with the fund, by calling Vanguard at one of the phone numbers on the back cover of this report or by logging on to vanguard.com.
You may elect to receive paper copies of all future shareholder reports free of charge. If you invest through a financial intermediary, you can contact the intermediary to request that you continue to receive paper copies. If you invest directly with the fund, you can call Vanguard at one of the phone numbers on the back cover of this report or log on to vanguard.com. Your election to receive paper copies will apply to all the funds you hold through an intermediary or directly with Vanguard.
Contents | |
Your Fund’s Performance at a Glance | 1 |
About Your Fund’s Expenses | 2 |
Performance Summary | 4 |
Financial Statements | 7 |
Please note: The opinions expressed in this report are just that—informed opinions. They should not be considered promises or advice. Also, please keep in mind that the information and opinions cover the period through the date on the front of this report. Of course, the risks of investing in your fund are spelled out in the prospectus.
Your Fund’s Performance at a Glance
· Vanguard Global ex-U.S. Real Estate Index Fund returned –17.71% for ETF Shares, –18.11% for Admiral Shares, and –18.10% for Institutional Shares for the 12 months ended October 31, 2020. Those returns were higher than the return of the fund’s benchmark (–18.34%), in part because of differences in the prices of securities used by the fund to calculate its net asset value and the quoted or published prices for the same securities.1
· The period was marked by the global spread of COVID-19 and efforts to contain it. However, responses from policymakers, the start of trials for vaccines and treatments, and the easing of some pandemic-related restrictions eventually lifted investor sentiment.
· Real estate investment trusts (REITs) and real estate management and development companies outside the United States significantly underperformed the broad ex-U.S. stock market. Shopping centers were hurt by lockdowns that affected all brick-and-mortar stores as consumers turned to online purchases.
· Commercial real estate took a hit as well, with many companies reassessing their office space needs after their employees began working from home.
· By region, the Pacific saw the sharpest decline owing to the underperformance of its two largest constituents—Japan and Hong Kong. Europe held up better in part because of positive performances from Germany and Sweden.
Market Barometer | |||
Average Annual Total Returns | |||
Periods Ended October 31, 2020 | |||
One Year | Three Years | Five Years | |
Stocks | |||
Russell 1000 Index (Large-caps) | 10.87% | 10.63% | 11.79% |
Russell 2000 Index (Small-caps) | -0.14 | 2.19 | 7.27 |
Russell 3000 Index (Broad U.S. market) | 10.15 | 10.04 | 11.48 |
FTSE All-World ex US Index (International) | -2.17 | 0.13 | 4.52 |
Bonds | |||
Bloomberg Barclays U.S. Aggregate Bond Index (Broad taxable market) | 6.19% | 5.06% | 4.08% |
Bloomberg Barclays Municipal Bond Index (Broad tax-exempt market) | 3.59 | 4.09 | 3.70 |
FTSE Three-Month U.S. Treasury Bill Index | 0.86 | 1.62 | 1.15 |
CPI | |||
Consumer Price Index | 1.18% | 1.82% | 1.83% |
Fund returns are adjusted to reflect the 0.25% fee on purchases and redemptions of fund shares. The fee does not apply to the ETF Shares.
1 See Note 1 in the Notes to Financial Statements.
1
About Your Fund’s Expenses
As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.
A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.
The accompanying table illustrates your fund’s costs in two ways:
· Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The “Ending Account Value” shown is derived from the fund’s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.
To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading “Expenses Paid During Period.”
· Based on hypothetical 5% yearly return. This section is intended to help you compare your fund’s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.
Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.”
The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.
You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.
2
Six Months Ended October 31, 2020 | |||
Beginning | Ending | Expenses | |
Account Value | Account Value | Paid During | |
Global ex-U.S. Real Estate Index Fund | 4/30/2020 | 10/31/2020 | Period |
Based on Actual Fund Return | |||
ETF Shares | $1,000.00 | $1,041.17 | $0.62 |
Admiral™ Shares | 1,000.00 | 1,041.27 | 0.62 |
Institutional Shares | 1,000.00 | 1,041.22 | 0.56 |
Based on Hypothetical 5% Yearly Return | |||
ETF Shares | $1,000.00 | $1,024.53 | $0.61 |
Admiral Shares | 1,000.00 | 1,024.53 | 0.61 |
Institutional Shares | 1,000.00 | 1,024.58 | 0.56 |
The calculations are based on expenses incurred in the most recent six-month period. The fund’s annualized six-month expense ratios for that period are 0.12% for ETF Shares, 0.12% for Admiral Shares, and 0.11% for Institutional Shares. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (182/366).
3
Global ex-U.S. Real Estate Index Fund
Performance Summary
All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.
Cumulative Performance: November 1, 2010, Through October 31, 2020
Initial Investment of $10,000
Average Annual Total Returns | |||||
Periods Ended October 31, 2020 | |||||
Since | Final Value | ||||
One | Five | Inception | of a $10,000 | ||
Year | Years | (11/1/2010) | Investment | ||
![]() | Global ex-U.S. Real Estate Index Fund ETF Shares Net Asset Value | -17.71% | 1.92% | 3.54% | $14,161 |
Global ex-U.S. Real Estate Index Fund ETF Shares Market Price | -17.93 | 1.89 | 3.47 | 14,071 | |
![]() | S&P Global ex-U.S. Property Index | -18.34 | 1.42 | 3.18 | 13,672 |
![]() | MSCI All Country World Index ex USA | -2.19 | 4.76 | 3.72 | 14,404 |
“Since Inception” performance is calculated from the ETF Shares’ inception date for both the fund and its comparative standard(s).
Since | Final Value | |||
One | Five | Inception | of a $10,000 | |
Year | Years | (2/10/2011) | Investment | |
Global ex-U.S. Real Estate Index Fund Admiral Shares | -18.11% | 1.82% | 3.65% | $14,170 |
S&P Global ex-U.S. Property Index | -18.34 | 1.42 | 3.34 | 13,765 |
“Since Inception” performance is calculated from the Admiral Shares’ inception date for both the fund and its comparative standard(s).
Vanguard fund returns are adjusted to reflect the 0.25% fee on purchases and redemptions. The fees do not apply to the ETF Shares. See Financial Highlights for dividend and capital gains information.
4
Global ex-U.S. Real Estate Index Fund
Average Annual Total Returns | ||||
Periods Ended October 31, 2020 | ||||
Since | Final Value | |||
One | Five | Inception | of a $5,000,000 | |
Year | Years | (4/19/2011) | Investment | |
Global ex-U.S. Real Estate Index Fund Institutional Shares | -18.10% | 1.83% | 3.48% | $6,930,834 |
S&P Global ex-U.S. Property Index | -18.34 | 1.42 | 3.18 | 6,741,368 |
“Since Inception” performance is calculated from the Institutional Shares’ inception date for both the fund and its comparative standard(s).
Cumulative Returns of ETF Shares: November 1, 2010, Through October 31, 2020
Since | |||
One | Five | Inception | |
Year | Years | (11/1/2010) | |
Global ex-U.S. Real Estate Index Fund ETF Shares Market Price | -17.93% | 9.82% | 40.71% |
Global ex-U.S. Real Estate Index Fund ETF Shares Net Asset Value | -17.71 | 9.96 | 41.61 |
S&P Global ex-U.S. Property Index | -18.34 | 7.32 | 36.72 |
“Since Inception” performance is calculated from the ETF Shares’ inception date for both the fund and its comparative standard(s).
For the ETF Shares, the market price is determined by the midpoint of the bid-offer spread as of the closing time of the New York Stock Exchange (generally 4 p.m., Eastern time). The net asset value is also determined as of the NYSE closing time. For more information about how the ETF Shares’ market prices have compared with their net asset value, visit vanguard.com, select your ETF, and then select the Price and Performance tab. The ETF premium/discount analysis there shows the percentages of days on which the ETF Shares’ market price was above or below the NAV.
Vanguard fund returns are adjusted to reflect the 0.25% fee on purchases and redemptions. The fees do not apply to the ETF Shares.
5
Global ex-U.S. Real Estate Index Fund
Fund Allocation
As of October 31, 2020
Diversified Real Estate Activites | 17.4% |
Diversified REITs | 10.9 |
Health Care REITs | 1.3 |
Hotel & Resort REITs | 0.9 |
Industrial REITs | 10.4 |
Office REITs | 7.2 |
Real Estate Development | 17.7 |
Real Estate Operating Companies | 20.7 |
Residential REITs | 2.9 |
Retail REITs | 9.4 |
Specialized REITs | 1.2 |
The table reflects the fund’s investments, except for short-term investments and derivatives. Sector categories are based on the Global Industry Classification Standard (“GICS”), except for the “Other” category (if applicable), which includes securities that have not been provided a GICS classification as of the effective reporting period.
The fund may invest in derivatives (such as futures and swap contracts) for various reasons, including, but not limited to, attempting to remain fully invested and tracking its target index as closely as possible.
The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard and Poor’s, a division of McGraw-Hill Companies, Inc. (“S&P”), and is licensed for use by Vanguard. Neither MSCI, S&P nor any third party involved in making or compiling the GICS or any GICS classification makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of its affiliates or any third party involved in making or compiling the GICS or any GICS classification have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.
6
Global ex-U.S. Real Estate Index Fund
Financial Statements
Schedule of Investments
As of October 31, 2020
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports are available on the SEC’s website at www.sec.gov.
Market | ||||
Value· | ||||
Shares | ($000) | |||
Common Stocks (99.2%) | ||||
Australia (8.8%) | ||||
Goodman Group | 8,325,214 | 107,755 | ||
Scentre Group | 25,937,506 | 38,277 | ||
Dexus | 5,460,695 | 33,038 | ||
Stockland | 11,929,916 | 32,260 | ||
Mirvac Group | 19,693,415 | 29,205 | ||
Lendlease Corp. Ltd. | 3,426,627 | 28,825 | ||
GPT Group | 9,742,148 | 27,592 | ||
Charter Hall Group | 2,336,520 | 20,259 | ||
Vicinity Centres | 19,314,163 | 16,413 | ||
Shopping Centres Australasia Property Group | 5,423,514 | 8,849 | ||
Charter Hall Long Wale REIT | 2,225,274 | 7,461 | ||
BWP Trust | 2,497,880 | 7,042 | ||
Waypoint REIT | 3,669,131 | 6,914 | ||
Charter Hall Retail REIT | 2,539,741 | 6,146 | ||
National Storage REIT | 4,799,355 | 6,091 | ||
Ingenia Communities Group | 1,495,132 | 4,851 | ||
Cromwell Property Group | 7,141,946 | 4,395 | ||
Centuria Industrial REIT | 2,020,551 | 4,364 | ||
Growthpoint Properties Australia Ltd. | 1,523,636 | 3,643 | ||
Centuria Capital Group (XASX) | 2,094,915 | 3,421 | ||
Abacus Property Group | 1,672,736 | 3,258 | ||
Charter Hall Social Infrastructure REIT | 1,568,967 | 3,195 | ||
Lifestyle Communities Ltd. | 433,985 | 3,104 | ||
Arena REIT | 1,625,388 | 3,013 | ||
Rural Funds Group | 1,741,449 | 2,939 | ||
Aventus Group | 1,674,767 | 2,896 | ||
Centuria Office REIT | 1,986,135 | 2,876 | ||
Investec Australia Property Fund | 2,464,981 | 2,149 | ||
GDI Property Group | 2,646,728 | 1,979 | ||
Hotel Property Investments | 815,620 | 1,772 | ||
^ | Home Consortium Ltd. | 662,420 | 1,725 | |
Cedar Woods Properties Ltd. | 306,025 | 1,234 | ||
^ | APN Industria REIT | 650,202 | 1,202 | |
* | Centuria Capital Group | 140,106 | 229 | |
428,372 | ||||
Austria (0.4%) | ||||
CA Immobilien Anlagen AG | 361,791 | 9,938 | ||
* | Immofinanz AG | 487,254 | 6,534 | |
S Immo AG | 215,925 | 3,191 | ||
19,663 | ||||
Belgium (1.9%) | ||||
Warehouses De Pauw CVA | 663,491 | 22,229 | ||
Cofinimmo SA | 130,773 | 17,773 | ||
Aedifica SA | 167,512 | 16,882 | ||
Montea C.V.A. | 52,305 | 5,744 | ||
Shurgard Self Storage SA | 120,072 | 5,120 | ||
VGP NV | 36,230 | 4,721 | ||
Befimmo SA | 119,158 | 4,639 | ||
Xior Student Housing NV | 68,318 | 3,885 | ||
*,^ | Care Property Invest NV | 110,351 | 3,345 | |
Retail Estates NV | 56,406 | 3,334 | ||
Intervest Offices & Warehouses NV | 113,085 | 2,796 | ||
^ | Immobel SA | 9,793 | 678 | |
91,146 | ||||
Brazil (0.5%) | ||||
* | BR Malls Participacoes SA | 3,947,913 | 5,614 | |
Multiplan Empreendimentos Imobiliarios SA | 1,415,244 | 4,679 | ||
* | Aliansce Sonae Shopping Centers sa | 684,367 | 2,744 |
7
Global ex-U.S. Real Estate Index Fund
Market | ||||
Value· | ||||
Shares | ($000) | |||
Iguatemi Empresa de Shopping Centers SA | 444,486 | 2,323 | ||
JHSF Participacoes SA | 1,461,300 | 1,638 | ||
BR Properties SA | 1,082,675 | 1,636 | ||
LOG Commercial Properties e Participacoes SA | 229,378 | 1,253 | ||
Jereissati Participacoes SA | 160,500 | 587 | ||
Cyrela Commercial Properties SA Empreendimentos e Participacoes | 230,100 | 525 | ||
*,1 | Mitre Realty Empreendimentos E Participacoes LTDA | 211,500 | 479 | |
* | Moura Dubeux Engenharia S/A | 241,900 | 403 | |
21,881 | ||||
Canada (2.2%) | ||||
^ | Canadian Apartment Properties REIT | 417,793 | 13,431 | |
^ | RioCan REIT | 781,478 | 8,435 | |
Granite REIT | 143,910 | 8,069 | ||
^ | Tricon Residential Inc. | 923,011 | 7,579 | |
Allied Properties REIT | 303,825 | 7,368 | ||
^ | Choice Properties REIT | 787,313 | 7,109 | |
^ | SmartCentres REIT | 366,362 | 5,791 | |
H&R REIT | 698,957 | 5,372 | ||
^ | First Capital REIT | 540,496 | 4,795 | |
^ | NorthWest Healthcare Properties REIT | 442,755 | 3,792 | |
^ | Summit Industrial Income REIT | 342,748 | 3,465 | |
^ | Dream Industrial REIT | 382,275 | 3,394 | |
^ | Killam Apartment REIT | 252,211 | 3,031 | |
InterRent REIT | 338,435 | 2,886 | ||
WPT Industrial REIT | 211,139 | 2,734 | ||
^ | CT REIT | 258,859 | 2,679 | |
^ | Cominar REIT | 450,048 | 2,398 | |
^ | Boardwalk REIT | 116,004 | 2,332 | |
^ | Crombie REIT | 233,744 | 2,281 | |
Artis REIT | 347,850 | 2,178 | ||
^ | Dream Office REIT | 141,087 | 1,854 | |
^ | Minto Apartment REIT | 89,742 | 1,100 | |
^ | Morguard North American Residential REIT | 97,717 | 1,013 | |
^ | True North Commercial REIT | 199,226 | 819 | |
^ | Slate Grocery REIT | 103,421 | 813 | |
^ | Slate Office REIT | 167,586 | 438 | |
Automotive Properties REIT | 53,382 | 390 | ||
^ | Plaza Retail REIT | 124,999 | 300 | |
DREAM Unlimited Corp. Class A | 1 | — | ||
105,846 | ||||
Chile (0.2%) | ||||
Parque Arauco SA | 3,480,584 | 4,465 | ||
Cencosud Shopping SA | 2,414,984 | 3,192 | ||
Plaza SA | 1,476,592 | 1,883 | ||
9,540 | ||||
China (13.2%) | ||||
China Resources Land Ltd. | 14,270,446 | 58,361 | ||
China Overseas Land & Investment Ltd. | 18,598,710 | 46,716 | ||
Sunac China Holdings Ltd. | 12,574,278 | 46,602 | ||
Country Garden Holdings Co. Ltd. | 36,372,163 | 44,951 | ||
1 | Longfor Group Holdings Ltd. | 7,997,708 | 43,820 | |
China Vanke Co. Ltd. Class H | 8,908,483 | 27,652 | ||
Shimao Group Holdings Ltd. | 6,194,664 | 21,943 | ||
^ | China Evergrande Group | 9,161,921 | 18,271 | |
China Vanke Co. Ltd. Class A | 4,213,742 | 17,376 | ||
Wharf Holdings Ltd. | 7,676,652 | 15,891 | ||
*,1 | ESR Cayman Ltd. | 5,057,000 | 15,274 | |
China Jinmao Holdings Group Ltd. | 27,375,054 | 13,870 | ||
CIFI Holdings Group Co. Ltd. | 19,026,000 | 13,181 | ||
Poly Developments and Holdings Group Co. Ltd. Class A | 4,776,593 | 10,981 | ||
Agile Group Holdings Ltd. | 7,293,409 | 10,008 | ||
Hopson Development Holdings Ltd. | 3,336,710 | 8,536 | ||
Guangzhou R&F Properties Co. Ltd. Class H | 6,438,613 | 8,188 | ||
KWG Group Holdings Ltd. | 5,894,658 | 7,817 | ||
Seazen Group Ltd. | 9,122,000 | 6,839 | ||
China Merchants Shekou Industrial Zone Holdings Co. Ltd. Class A | 3,153,807 | 6,639 | ||
Logan Group Co. Ltd. | 4,170,984 | 6,544 | ||
Greentown China Holdings Ltd. | 3,882,814 | 6,310 |
8
Global ex-U.S. Real Estate Index Fund
Market | ||||
Value· | ||||
Shares | ($000) | |||
Yuexiu Property Co. Ltd. | 31,257,094 | 6,069 | ||
Zhenro Properties Group Ltd. | 9,908,000 | 5,718 | ||
China Aoyuan Group Ltd. | 6,074,000 | 5,712 | ||
Kaisa Group Holdings Ltd. | 11,096,000 | 5,175 | ||
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd. Class B | 6,034,714 | 4,970 | ||
China Overseas Grand Oceans Group Ltd. | 8,453,079 | 4,934 | ||
Times China Holdings Ltd. | 3,683,000 | 4,920 | ||
Powerlong Real Estate Holdings Ltd. | 7,229,139 | 4,867 | ||
Seazen Holdings Co. Ltd. | 923,082 | 4,492 | ||
Gemdale Properties & Investment Corp. Ltd. | 27,322,000 | 4,243 | ||
Shenzhen Investment Ltd. | 13,530,201 | 4,133 | ||
*,1 | China Logistics Property Holdings Co. Ltd. | 7,885,000 | 4,122 | |
Shoucheng Holdings Ltd. | 11,468,000 | 4,118 | ||
Gemdale Corp. Class A | 1,833,940 | 3,664 | ||
Yuzhou Group Holdings Co. Ltd. | 9,265,470 | 3,586 | ||
China SCE Group Holdings Ltd. | 8,229,766 | 3,537 | ||
Yuexiu REIT | 7,589,516 | 3,504 | ||
China Fortune Land Development Co. Ltd. Class A | 1,561,432 | 3,291 | ||
Sino-Ocean Group Holding Ltd. | 15,715,329 | 3,006 | ||
Poly Property Group Co. Ltd. | 9,805,048 | 2,832 | ||
1 | Midea Real Estate Holding Ltd. | 1,219,416 | 2,758 | |
Jiayuan International Group Ltd. | 6,252,000 | 2,670 | ||
* | SOHO China Ltd. | 9,595,545 | 2,571 | |
Jinke Properties Group Co. Ltd. Class A | 2,173,605 | 2,522 | ||
* | KWG Living Group Holdings Ltd. | 2,996,829 | 2,350 | |
1 | Red Star Macalline Group Corp. Ltd. Class H | 3,845,636 | 2,318 | |
Shui On Land Ltd. | 17,386,038 | 2,293 | ||
China South City Holdings Ltd. | 21,918,111 | 2,212 | ||
Zhongliang Holdings Group Co. Ltd. | 3,193,500 | 2,156 | ||
Jiangsu Zhongnan Construction Group Co. Ltd. Class A | 1,532,464 | 2,071 | ||
1 | Redco Properties Group Ltd. | 4,660,000 | 2,063 | |
C&D International Investment Group Ltd. | 1,237,000 | 2,013 | ||
Ronshine China Holdings Ltd. | 2,924,500 | 1,994 | ||
Skyfame Realty Holdings Ltd. | 14,847,012 | 1,956 | ||
Central China Real Estate Ltd. | 3,584,000 | 1,928 | ||
LVGEM China Real Estate Investment Co. Ltd. | 5,944,000 | 1,903 | ||
Shanghai Zhangjiang High-Tech Park Development Co. Ltd. Class A | 649,590 | 1,840 | ||
RiseSun Real Estate Development Co. Ltd. Class A | 1,733,875 | 1,824 | ||
Shanghai Lingang Holdings Corp. Ltd. Class A | 517,466 | 1,753 | ||
Redsun Properties Group Ltd. | 4,717,000 | 1,712 | ||
* | Sinic Holdings Group Co. Ltd. | 3,151,000 | 1,696 | |
Yango Group Co. Ltd. Class A | 1,636,911 | 1,681 | ||
Xinhu Zhongbao Co. Ltd. Class A | 3,465,681 | 1,662 | ||
* | Zhuguang Holdings Group Co. Ltd. | 10,202,000 | 1,581 | |
Dexin China Holdings Co. Ltd. | 3,845,000 | 1,518 | ||
Shanghai Jinqiao Export Processing Zone Development Co. Ltd. Class B | 1,415,021 | 1,380 | ||
Greenland Hong Kong Holdings Ltd. | 4,107,000 | 1,335 | ||
Road King Infrastructure Ltd. | 1,115,000 | 1,326 | ||
* | Gree Real Estate Co. Ltd. Class A | 861,111 | 1,248 |
9
Global ex-U.S. Real Estate Index Fund
Market | ||||
Value· | ||||
Shares | ($000) | |||
Fantasia Holdings Group Co. Ltd. | 6,520,443 | 1,233 | ||
Shanghai Shimao Co. Ltd. Class A | 1,412,468 | 1,223 | ||
§,* | Yida China Holdings Ltd. | 4,361,350 | 1,195 | |
Beijing Capital Land Ltd. Class H | 6,840,551 | 1,177 | ||
China Enterprise Co. Ltd. Class A | 1,956,568 | 1,147 | ||
* | Huijing Holdings Co. Ltd. | 4,082,000 | 1,133 | |
Financial Street Holdings Co. Ltd. Class A | 1,128,560 | 1,126 | ||
*,^ | Xinji Shaxi Group Co. Ltd. | 3,663,000 | 1,114 | |
Joy City Property Ltd. | 18,011,500 | 1,108 | ||
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd. Class A | 632,790 | 1,088 | ||
* | Shanghai Wanye Enterprises Co. Ltd. Class A | 412,200 | 1,040 | |
China Merchants Commercial REIT | 3,332,000 | 1,034 | ||
§,* | Mingfa Group International Co. Ltd. | 4,231,908 | 1,032 | |
DaFa Properties Group Ltd. | 1,149,970 | 1,029 | ||
China Merchants Land Ltd. | 6,742,000 | 978 | ||
Hangzhou Binjiang Real Estate Group Co. Ltd. Class A | 1,326,811 | 961 | ||
Sichuan Languang Development Co. Ltd. Class A | 1,299,216 | 959 | ||
Beijing Capital Development Co. Ltd. Class A | 1,014,012 | 936 | ||
Grandjoy Holdings Group Co. Ltd. Class A | 1,369,420 | 934 | ||
Shanghai Shibei Hi-Tech Co. Ltd. Class B | 2,465,450 | 892 | ||
Shanghai Industrial Urban Development Group Ltd. | 9,260,799 | 863 | ||
JY Grandmark Holdings Ltd. | 2,129,000 | 853 | ||
Shanghai Lingang Holdings Corp. Ltd. Class B | 625,222 | 849 | ||
Zensun Enterprises Ltd. | 14,750,000 | 829 | ||
Beijing North Star Co. Ltd. Class H | 4,074,000 | 817 | ||
Huafa Industrial Co. Ltd. Zhuhai Class A | 794,300 | 770 | ||
Greattown Holdings Ltd. Class A | 970,100 | 763 | ||
* | Silver Grant International Holdings Group Ltd. | 6,122,000 | 752 | |
Jingrui Holdings Ltd. | 2,529,000 | 691 | ||
China Electronics Optics Valley Union Holding Co. Ltd. | 12,276,000 | 690 | ||
Cinda Real Estate Co. Ltd. Class A | 1,065,283 | 663 | ||
Shanghai Industrial Development Co. Ltd. Class A | 785,300 | 596 | ||
Suning Universal Co. Ltd. Class A | 1,295,589 | 593 | ||
Shenzhen SEG Co. Ltd. Class A | 553,900 | 586 | ||
* | Tahoe Group Co. Ltd. Class A | 1,040,879 | 585 | |
* | Myhome Real Estate Development Group Co. Ltd. Class A | 1,042,073 | 574 | |
Shanghai Jinqiao Export Processing Zone Development Co. Ltd. Class A | 298,552 | 567 | ||
^,1 | China Vast Industrial Urban Development Co. Ltd. | 1,403,000 | 561 | |
* | Lushang Health Industry Development Co. Ltd. Class A | 321,500 | 500 | |
1 | Sunshine 100 China Holdings Ltd. | 3,145,000 | 500 | |
China World Trade Center Co. Ltd. Class A | 271,172 | 499 | ||
Shenzhen Zhenye Group Co. Ltd. Class A | 580,000 | 497 | ||
* | Yincheng International Holding Co. Ltd. | 1,632,000 | 495 | |
Shenzhen Heungkong Holding Co. Ltd. Class A | 1,452,200 | 443 |
10
Global ex-U.S. Real Estate Index Fund
Market | ||||
Value· | ||||
Shares | ($000) | |||
Chongqing Dima Industry Co. Ltd. Class A | 1,051,253 | 434 | ||
Guorui Properties Ltd. | 3,907,000 | 429 | ||
Bright Real Estate Group Co. Ltd. Class A | 951,600 | 373 | ||
* | Macrolink Culturaltainment Development Co. Ltd. Class A | 790,392 | 361 | |
Everbright Jiabao Co. Ltd. Class A | 647,400 | 348 | ||
Tianjin Guangyu Development Co. Ltd. Class A | 349,004 | 329 | ||
* | Guangdong Shirongzhaoye Co. Ltd. Class A | 302,434 | 294 | |
Rongan Property Co. Ltd. Class A | 686,900 | 268 | ||
* | Sansheng Holdings Group Co. Ltd. | 352,000 | 259 | |
Beijing North Star Co. Ltd. Class A | 680,319 | 244 | ||
*,1 | Shimao Services Holdings Ltd. | 102,314 | 219 | |
* | Shanghai Shibei Hi-Tech Co. Ltd. Class A | 185,600 | 203 | |
Red Star Macalline Group Corp. Ltd. Class A | 123,729 | 172 | ||
* | China Dili Group | 168,000 | 39 | |
* | EverChina International Holdings Co. Ltd. | 1,199,331 | 28 | |
639,872 | ||||
Egypt (0.1%) | ||||
Talaat Moustafa Group | 4,940,886 | 1,911 | ||
Six of October Development & Investment | 1,401,986 | 1,065 | ||
Medinet Nasr Housing | 4,383,588 | 1,025 | ||
Heliopolis Housing | 1,983,712 | 799 | ||
* | Palm Hills Developments SAE | 7,466,845 | 630 | |
* | Emaar Misr for Development SAE | 3,151,038 | 461 | |
5,891 | ||||
Finland (0.1%) | ||||
^ | Citycon Oyj | 335,959 | 2,586 | |
France (2.2%) | ||||
Gecina SA | 270,870 | 33,627 | ||
Unibail-Rodamco-Westfield | 687,140 | 27,816 | ||
Covivio | 242,335 | 14,431 | ||
^ | Klepierre SA | 1,022,089 | 12,950 | |
Icade | 144,922 | 7,329 | ||
Nexity SA | 236,873 | 6,651 | ||
Altarea SCA | 18,212 | 2,332 | ||
Carmila SA | 215,708 | 1,668 | ||
Mercialys SA | 146,522 | 702 | ||
107,506 | ||||
Germany (8.5%) | ||||
Vonovia SE | 2,833,841 | 180,980 | ||
Deutsche Wohnen SE | 1,804,216 | 91,065 | ||
LEG Immobilien AG | 355,296 | 48,020 | ||
* | Aroundtown SA | 5,355,925 | 25,691 | |
TAG Immobilien AG | 735,308 | 21,669 | ||
Grand City Properties SA | 518,878 | 11,778 | ||
alstria office REIT-AG | 823,983 | 10,490 | ||
*,1 | ADLER Group SA | 323,086 | 8,122 | |
*,1 | Instone Real Estate Group AG | 227,182 | 4,701 | |
^ | Hamborner REIT AG | 362,782 | 3,386 | |
* | Deutsche EuroShop AG | 256,579 | 3,241 | |
DIC Asset AG | 224,922 | 2,589 | ||
411,732 | ||||
Greece (0.0%) | ||||
* | LAMDA Development SA | 324,609 | 1,919 | |
Hong Kong (9.3%) | ||||
Sun Hung Kai Properties Ltd. | 7,661,941 | 98,623 | ||
Link REIT | 10,345,389 | 78,955 | ||
CK Asset Holdings Ltd. | 12,188,875 | 56,599 | ||
Wharf Real Estate Investment Co. Ltd. | 8,662,652 | 33,341 | ||
* | New World Development Co. Ltd. | 6,887,000 | 32,881 | |
Henderson Land Development Co. Ltd. | 6,851,936 | 24,202 | ||
Hang Lung Properties Ltd. | 9,263,932 | 22,553 | ||
Hongkong Land Holdings Ltd. | 5,870,212 | 21,550 | ||
^ | Sino Land Co. Ltd. | 15,322,022 | 18,158 | |
Swire Properties Ltd. | 5,320,800 | 14,278 | ||
Hysan Development Co. Ltd. | 3,042,655 | 9,700 | ||
Hang Lung Group Ltd. | 4,320,103 | 9,590 | ||
Kerry Properties Ltd. | 3,027,832 | 7,429 | ||
Fortune REIT | 7,153,861 | 5,975 | ||
Champion REIT | 9,842,512 | 4,769 | ||
Great Eagle Holdings Ltd. | 1,505,000 | 3,638 |
11
Global ex-U.S. Real Estate Index Fund
Market | ||||
Value· | ||||
Shares | ($000) | |||
K Wah International Holdings Ltd. | 7,538,338 | 3,577 | ||
Sunlight REIT | 5,191,400 | 2,238 | ||
Prosperity REIT | 6,365,649 | 1,806 | ||
Far East Consortium International Ltd. | 5,392,000 | 1,595 | ||
Chinese Estates Holdings Ltd. | 2,480,452 | 1,251 | ||
* | Jiayuan International Group Ltd. Rights | 76,463 | — | |
452,708 | ||||
India (0.7%) | ||||
Embassy Office Parks REIT | 1,510,200 | 7,013 | ||
DLF Ltd. | 3,141,267 | 6,702 | ||
* | Godrej Properties Ltd. | 451,170 | 6,293 | |
* | Oberoi Realty Ltd. | 593,928 | 3,548 | |
* | Phoenix Mills Ltd. | 450,490 | 3,508 | |
Prestige Estates Projects Ltd. | 643,854 | 2,174 | ||
Brigade Enterprises Ltd. | 493,453 | 1,192 | ||
Sunteck Realty Ltd. | 259,448 | 937 | ||
* | Indiabulls Real Estate Ltd. | 1,351,885 | 869 | |
NESCO Ltd. | 120,904 | 823 | ||
Sobha Ltd. | 199,034 | 782 | ||
33,841 | ||||
Indonesia (0.4%) | ||||
* | Bumi Serpong Damai Tbk PT | 46,029,727 | 2,740 | |
* | Pollux Properti Indonesia Tbk PT | 6,390,300 | 2,638 | |
Ciputra Development Tbk PT | 45,548,891 | 2,505 | ||
* | Pakuwon Jati Tbk PT | 77,429,628 | 2,165 | |
* | Summarecon Agung Tbk PT | 39,902,300 | 1,760 | |
§,* | Hanson International Tbk PT | 444,252,900 | 1,519 | |
* | Lippo Karawaci Tbk PT | 146,654,749 | 1,330 | |
Puradelta Lestari Tbk PT | 44,572,600 | 682 | ||
* | Alam Sutera Realty Tbk PT | 58,010,297 | 605 | |
* | Sentul City Tbk PT | 108,767,124 | 371 | |
* | DMS Propertindo Tbk PT | 8,770,800 | 195 | |
PP Properti Tbk PT | 35,302,007 | 121 | ||
§,* | Armidian Karyatama Tbk PT | 34,315,100 | 117 | |
* | Maha Properti Indonesia Tbk PT | 118,639 | 8 | |
§,* | Modernland Realty Tbk PT | 67,400 | — | |
16,756 | ||||
Ireland (0.2%) | ||||
Hibernia REIT plc | 3,457,653 | 4,183 | ||
Irish Residential Properties REIT plc | 2,227,664 | 3,542 | ||
7,725 | ||||
Israel (1.2%) | ||||
Azrieli Group Ltd. | 188,112 | 8,829 | ||
Alony Hetz Properties & Investments Ltd. | 724,892 | 7,266 | ||
Mivne Real Estate KD Ltd. | 2,880,033 | 5,508 | ||
Amot Investments Ltd. | 867,636 | 3,976 | ||
Melisron Ltd. | 108,756 | 3,933 | ||
* | Airport City Ltd. | 342,403 | 3,711 | |
REIT 1 Ltd. | 926,974 | 3,513 | ||
Mega Or Holdings Ltd. | 105,835 | 2,731 | ||
* | AFI Properties Ltd. | 102,050 | 2,445 | |
* | Big Shopping Centers Ltd. | 32,168 | 2,433 | |
Bayside Land Corp. | 294,079 | 2,048 | ||
Gazit-Globe Ltd. | 375,738 | 1,556 | ||
Sella Capital Real Estate Ltd. | 982,762 | 1,550 | ||
Summit Real Estate Holdings Ltd. | 166,056 | 1,441 | ||
* | Isras Investment Co. Ltd. | 6,872 | 1,091 | |
Blue Square Real Estate Ltd. | 21,885 | 893 | ||
Property & Building Corp. Ltd. | 10,327 | 845 | ||
* | YH Dimri Construction & Development Ltd. | 27,488 | 816 | |
* | Israel Canada T.R Ltd. | 431,401 | 729 | |
* | Ashtrom Properties Ltd. | 127,783 | 718 | |
* | Brack Capital Properties NV | 9,178 | 694 | |
56,726 | ||||
Italy (0.0%) | ||||
Immobiliare Grande Distribuzione SIIQ SPA | 260,609 | 758 |
12
Global ex-U.S. Real Estate Index Fund
Market | ||||
Value· | ||||
Shares | ($000) | |||
Japan (22.5%) | ||||
Mitsubishi Estate Co. Ltd. | 6,955,145 | 103,742 | ||
Daiwa House Industry Co. Ltd. | 3,329,974 | 87,494 | ||
Mitsui Fudosan Co. Ltd. | 4,893,857 | 83,330 | ||
Sumitomo Realty & Development Co. Ltd. | 2,379,667 | 63,678 | ||
Nippon Building Fund Inc. | 8,345 | 42,149 | ||
Nippon Prologis REIT Inc. | 12,337 | 40,606 | ||
Japan Real Estate Investment Corp. | 6,925 | 33,937 | ||
Daito Trust Construction Co. Ltd. | 344,825 | 31,367 | ||
GLP J-REIT | 19,924 | 30,716 | ||
Nomura Real Estate Master Fund Inc. | 23,567 | 28,143 | ||
Hulic Co. Ltd. | 2,497,548 | 23,135 | ||
Daiwa House REIT Investment Corp. | 9,983 | 23,093 | ||
Advance Residence Investment Corp. | 6,933 | 20,244 | ||
Orix JREIT Inc. | 13,768 | 19,350 | ||
Japan Retail Fund Investment Corp. | 12,973 | 18,699 | ||
Industrial & Infrastructure Fund Investment Corp. | 10,294 | 17,523 | ||
United Urban Investment Corp. | 15,622 | 16,679 | ||
Sekisui House REIT Inc. | 21,068 | 14,733 | ||
Nippon Accommodations Fund Inc. | 2,434 | 13,944 | ||
Tokyu Fudosan Holdings Corp. | 3,025,344 | 13,220 | ||
Japan Prime Realty Investment Corp. | 4,792 | 12,951 | ||
Japan Logistics Fund Inc. | 4,519 | 12,700 | ||
LaSalle Logiport REIT | 8,123 | 12,646 | ||
Activia Properties Inc. | 3,480 | 12,573 | ||
^ | Kenedix Office Investment Corp. | 2,148 | 12,424 | |
Tokyo Tatemono Co. Ltd. | 1,053,083 | 12,112 | ||
Mitsui Fudosan Logistics Park Inc. | 2,484 | 11,868 | ||
Japan Hotel REIT Investment Corp. | 22,329 | 10,813 | ||
Nomura Real Estate Holdings Inc. | 599,329 | 10,468 | ||
Daiwa Securities Living Investments Corp. | 10,328 | 10,089 | ||
Mori Hills REIT Investment Corp. | 7,974 | 9,822 | ||
Invincible Investment Corp. | 30,450 | 9,734 | ||
Comforia Residential REIT Inc. | 3,079 | 8,805 | ||
AEON REIT Investment Corp. | 7,597 | 8,592 | ||
Daiwa Office Investment Corp. | 1,533 | 8,319 | ||
Frontier Real Estate Investment Corp. | 2,407 | 8,058 | ||
Aeon Mall Co. Ltd. | 503,783 | 7,859 | ||
Kenedix Residential Next Investment Corp. | 4,793 | 7,829 | ||
Hulic REIT Inc. | 5,823 | 7,655 | ||
^ | Premier Investment Corp. | 6,630 | 7,293 | |
NIPPON REIT Investment Corp. | 2,250 | 7,224 | ||
Katitas Co. Ltd. | 254,292 | 7,214 | ||
Japan Excellent Inc. | 6,416 | 7,059 | ||
Mitsubishi Estate Logistics REIT Investment Corp. | 1,743 | 6,949 | ||
MCUBS MidCity Investment Corp | 8,902 | 6,385 | ||
Tokyu REIT Inc. | 4,623 | 6,286 | ||
Mori Trust Sogo REIT Inc. | 4,796 | 5,728 | ||
Invesco Office J-REIT Inc. | 44,300 | 5,496 | ||
^ | Hoshino Resorts REIT Inc. | 1,117 | 5,273 | |
Kenedix Retail REIT Corp. | 2,710 | 5,187 | ||
Heiwa Real Estate Co. Ltd. | 173,032 | 5,052 | ||
^ | Ichigo Office REIT Investment Corp. | 7,623 | 4,930 | |
Heiwa Real Estate REIT Inc. | 4,389 | 4,745 | ||
Kenedix Inc. | 893,200 | 4,629 | ||
Fukuoka REIT Corp. | 3,594 | 4,357 | ||
Global One Real Estate Investment Corp. | 4,773 | 4,309 | ||
Starts Corp. Inc. | 170,700 | 3,970 | ||
Keihanshin Building Co. Ltd. | 217,200 | 3,939 | ||
Hankyu Hanshin REIT Inc. | 3,468 | 3,832 | ||
Star Asia Investment Corp. | 8,415 | 3,570 | ||
Daibiru Corp. | 297,557 | 3,369 | ||
SOSiLA Logistics REIT Inc. | 2,529 | 3,270 | ||
^ | Itochu Advance Logistics Investment Corp. | 2,308 | 3,157 |
13
Global ex-U.S. Real Estate Index Fund
Market | ||||
Value· | ||||
Shares | ($000) | |||
Ichigo Inc. | 1,103,300 | 3,127 | ||
Mirai Corp. | 8,420 | 2,910 | ||
One REIT Inc. | 1,234 | 2,852 | ||
^ | Samty Residential Investment Corp. | 2,793 | 2,683 | |
^ | CRE Logistics REIT Inc. | 1,674 | 2,452 | |
SAMTY Co. Ltd. | 141,200 | 2,237 | ||
Starts Proceed Investment Corp. | 1,161 | 2,216 | ||
^ | Health Care & Medical Investment Corp. | 1,577 | 1,889 | |
^ | Takara Leben Real Estate Investment Corp. | 2,279 | 1,823 | |
^ | Tosei REIT Investment Corp. | 1,714 | 1,704 | |
Mori Trust Hotel REIT Inc. | 1,616 | 1,672 | ||
^ | Sankei Real Estate Inc. | 1,837 | 1,662 | |
TOC Co. Ltd. | 261,229 | 1,593 | ||
^ | ESCON Japan REIT Investment Corp. | 1,478 | 1,552 | |
Tosei Corp. | 143,800 | 1,441 | ||
^ | Shinoken Group Co. Ltd. | 135,100 | 1,341 | |
*,^ | Leopalace21 Corp. | 839,650 | 1,315 | |
Takara Leben Co. Ltd. | 422,252 | 1,179 | ||
Goldcrest Co. Ltd. | 84,740 | 1,083 | ||
Sun Frontier Fudousan Co. Ltd. | 132,300 | 1,063 | ||
Nippon Commercial Development Co. Ltd. | 56,600 | 916 | ||
XYMAX REIT Investment Corp. | 1,093 | 898 | ||
^ | Ichigo Hotel REIT Investment Corp. | 1,341 | 892 | |
Japan Property Management Center Co. Ltd. | 67,200 | 867 | ||
^ | Ooedo Onsen REIT Investment Corp. | 1,243 | 831 | |
^ | Star Mica Holdings Co. Ltd. | 58,500 | 788 | |
Marimo Regional Revitalization REIT Inc. | 677 | 693 | ||
* | SRE Holdings Corp. | 22,200 | 672 | |
* | Prospect Co. Ltd. | 1,677,200 | 564 | |
^ | Dear Life Co. Ltd. | 125,800 | 455 | |
1,089,692 | ||||
Kuwait (0.0%) | ||||
* | National Real Estate Co. KPSC | 4,224,774 | 1,017 | |
Malaysia (0.5%) | ||||
KLCCP Stapled Group | 2,239,570 | 4,095 | ||
IGB REIT | 7,953,500 | 3,196 | ||
Sunway REIT | 7,948,934 | 2,735 | ||
Axis REIT | 5,070,300 | 2,561 | ||
IOI Properties Group Bhd. | 9,669,000 | 2,003 | ||
Mah Sing Group Bhd. | 7,686,025 | 1,686 | ||
Sime Darby Property Bhd. | 12,144,100 | 1,578 | ||
* | YNH Property Bhd. | 2,014,000 | 1,362 | |
Pavilion REIT | 3,696,200 | 1,236 | ||
Matrix Concepts Holdings Bhd. | 3,150,128 | 1,206 | ||
UOA Development Bhd. | 3,056,300 | 1,096 | ||
SP Setia Bhd. Group | 5,459,700 | 908 | ||
* | UEM Sunrise Bhd. | 6,492,365 | 579 | |
* | Eco World Development Group Bhd. | 5,880,300 | 538 | |
YTL Hospitality REIT | 2,169,500 | 368 | ||
Eastern & Oriental Bhd. | 3,902,997 | 339 | ||
* | Sunway Bhd. Warrants Exp. 12/31/2024 | 1,260,691 | 68 | |
* | Eco World Development Group Bhd. Warrants Exp. 03/26/2022 | 450,320 | 10 | |
25,564 | ||||
Mexico (0.7%) | ||||
Fibra Uno Administracion SA de CV | 14,717,985 | 11,151 | ||
PLA Administradora Industrial SA de RL de CV | 3,980,500 | 5,465 | ||
Prologis Property Mexico SA de CV | 2,303,823 | 4,616 | ||
Corp Inmobiliaria Vesta SAB de CV | 2,851,317 | 4,581 | ||
1 | Macquarie Mexico Real Estate Management SA de CV | 3,820,180 | 4,389 | |
Concentradora Fibra Danhos SA de CV | 4,118,992 | 3,728 | ||
1 | Concentradora Fibra Hotelera Mexicana SA de CV | 825,077 | 176 | |
34,106 | ||||
Netherlands (0.2%) | ||||
Nsi NV | 86,936 | 2,745 | ||
Vastned Retail NV | 99,350 | 2,627 | ||
Eurocommercial Properties NV | 186,428 | 2,035 | ||
^ | Wereldhave NV | 207,033 | 1,924 | |
9,331 | ||||
New Zealand (0.6%) | ||||
Goodman Property Trust | 5,522,537 | 9,058 | ||
Kiwi Property Group Ltd. | 7,795,207 | 6,337 |
14
Global ex-U.S. Real Estate Index Fund
Market | ||||
Value· | ||||
Shares | ($000) | |||
Precinct Properties New Zealand Ltd. | 5,407,070 | 6,325 | ||
Argosy Property Ltd. | 4,232,418 | 3,884 | ||
Vital Healthcare Property Trust | 1,689,799 | 3,249 | ||
28,853 | ||||
Norway (0.2%) | ||||
1 | Entra ASA | 816,017 | 10,668 | |
Selvaag Bolig ASA | 227,638 | 1,135 | ||
11,803 | ||||
Other (0.2%)2 | ||||
3 | Vanguard Real Estate ETF | 96,814 | 7,415 | |
Philippines (1.4%) | ||||
SM Prime Holdings Inc. | 56,188,007 | 39,123 | ||
Ayala Land Inc. | 29,452,060 | 20,050 | ||
* | Megaworld Corp. | 60,753,100 | 3,801 | |
Robinsons Land Corp. | 10,018,872 | 3,103 | ||
Vista Land & Lifescapes Inc. | 15,723,178 | 1,093 | ||
* | DoubleDragon Properties Corp. | 3,610,860 | 1,048 | |
Filinvest Land Inc. | 42,515,000 | 851 | ||
DM Wenceslao and Associates Inc. | 3,626,900 | 403 | ||
* | Altus Property Ventures Inc. | 68,234 | 18 | |
69,490 | ||||
Poland (0.0%) | ||||
^ | Develia SA | 2,404,318 | 973 | |
* | Epp NV | 2,483,304 | 884 | |
1,857 | ||||
Qatar (0.3%) | ||||
Barwa Real Estate Co. | 9,609,547 | 8,801 | ||
* | Ezdan Holding Group QSC | 8,022,013 | 3,724 | |
United Development Co. QSC | 8,808,965 | 3,575 | ||
* | Mazaya Real Estate Development QPSC | 858,405 | 236 | |
16,336 | ||||
Russia (0.1%) | ||||
LSR Group PJSC GDR | 1,098,070 | 2,421 | ||
* | Etalon Group plc GDR | 956,902 | 1,546 | |
3,967 | ||||
Saudi Arabia (0.5%) | ||||
* | Dar Al Arkan Real Estate Development Co. | 2,711,888 | 5,763 | |
* | Emaar Economic City | 2,151,721 | 5,102 | |
Arabian Centres Co. Ltd. | 538,739 | 3,479 | ||
Jadwa REIT Saudi Fund | 564,542 | 1,953 | ||
* | Saudi Real Estate Co. | 451,767 | 1,756 | |
Arriyadh Development Co. | 387,195 | 1,733 | ||
Al Rajhi REIT | 580,080 | 1,415 | ||
Derayah REIT | 443,920 | 1,252 | ||
Riyad REIT Fund | 543,759 | 1,172 | ||
Alandalus Property Co. | 180,644 | 948 | ||
Musharaka Real Estate Income Fund | 235,951 | 559 | ||
* | Alahli REIT Fund 1 | 89,712 | 206 | |
25,338 | ||||
Singapore (5.7%) | ||||
Ascendas REIT | 14,124,481 | 29,804 | ||
CapitaLand Mall Trust | 22,629,976 | 28,685 | ||
CapitaLand Ltd. | 12,573,738 | 23,661 | ||
Mapletree Logistics Trust | 13,378,985 | 19,112 | ||
Mapletree Industrial Trust | 8,172,539 | 18,214 | ||
Mapletree Commercial Trust | 10,988,241 | 13,855 | ||
Keppel DC REIT | 6,350,564 | 13,484 | ||
Frasers Logistics & Commercial Trust | 12,766,152 | 11,512 | ||
UOL Group Ltd. | 2,427,578 | 11,065 | ||
City Developments Ltd. | 2,350,290 | 10,914 | ||
Suntec REIT | 10,715,427 | 10,523 | ||
Frasers Centrepoint Trust | 4,956,247 | 7,672 | ||
Mapletree North Asia Commercial Trust | 10,302,466 | 6,573 | ||
Keppel REIT | 8,654,915 | 6,312 | ||
Parkway Life REIT | 1,998,055 | 5,923 | ||
Ascott Residence Trust | 9,502,322 | 5,786 | ||
Manulife US REIT | 7,085,910 | 5,072 | ||
Ascendas India Trust | 3,625,900 | 3,454 | ||
Cromwell European REIT | 6,294,000 | 3,339 | ||
CapitaLand Retail China Trust | 3,572,958 | 3,063 | ||
OUE Commercial REIT | 12,162,767 | 2,901 | ||
CDL Hospitality Trusts | 3,938,906 | 2,860 | ||
Esr-REIT | 11,033,790 | 2,833 | ||
Wing Tai Holdings Ltd. | 1,963,200 | 2,573 | ||
Sph REIT | 4,364,500 | 2,381 | ||
Yanlord Land Group Ltd. | 2,981,304 | 2,293 | ||
Keppel Pacific Oak US REIT | 3,159,400 | 2,215 | ||
ARA LOGOS Logistics Trust | 5,017,142 | 2,187 | ||
Starhill Global REIT | 7,144,868 | 2,172 | ||
Aims Apac REIT | 2,270,976 | 1,964 |
15
Global ex-U.S. Real Estate Index Fund
Market | ||||
Value· | ||||
Shares | ($000) | |||
Far East Hospitality Trust | 4,346,392 | 1,783 | ||
Prime US REIT | 2,340,600 | 1,732 | ||
Lendlease Global Commercial REIT | 3,762,500 | 1,681 | ||
Sasseur REIT | 2,553,000 | 1,402 | ||
Soilbuild Business Space REIT | 4,192,748 | 1,382 | ||
OUE Ltd. | 1,471,600 | 1,207 | ||
IREIT Global | 2,550,753 | 1,102 | ||
Frasers Hospitality Trust | 3,744,800 | 1,097 | ||
Sabana Shari’ah Compliant Industrial REIT | 3,952,672 | 1,013 | ||
First REIT | 2,910,354 | 853 | ||
Chip Eng Seng Corp. Ltd. | 2,414,875 | 761 | ||
Lippo Malls Indonesia Retail Trust | 9,515,206 | 614 | ||
Oxley Holdings Ltd. | 3,734,700 | 575 | ||
§ | Eagle Hospitality Trust | 2,602,300 | 357 | |
* | Ying Li International Real Estate Ltd. | 3,210,900 | 176 | |
EC World REIT | 237,500 | 122 | ||
* | Mapletree Logistics Trust Rights Exp. 11/10/2020 | 254,930 | — | |
278,259 | ||||
South Africa (0.8%) | ||||
Growthpoint Properties Ltd. | 15,065,630 | 9,856 | ||
NEPI Rockcastle plc | 2,064,182 | 7,320 | ||
Fortress REIT Ltd. Class A | 5,954,321 | 4,595 | ||
Redefine Properties Ltd. | 27,416,277 | 3,369 | ||
^ | Equites Property Fund Ltd. | 3,059,437 | 2,930 | |
Resilient REIT Ltd. | 1,471,025 | 2,784 | ||
* | Hyprop Investments Ltd. | 1,303,058 | 1,613 | |
Stor-Age Property REIT Ltd. | 2,167,082 | 1,586 | ||
Vukile Property Fund Ltd. | 4,247,961 | 1,263 | ||
Investec Property Fund Ltd. | 2,335,964 | 1,078 | ||
SA Corporate Real Estate Ltd. | 13,081,215 | 975 | ||
Emira Property Fund Ltd. | 2,191,900 | 843 | ||
Attacq Ltd. | 3,793,273 | 727 | ||
Arrowhead Properties Ltd. Class B | 4,741,971 | 440 | ||
* | Fortress REIT Ltd. Class B | 3,710,047 | 394 | |
39,773 | ||||
South Korea (0.2%) | ||||
LOTTE REIT Co. Ltd. | 462,242 | 2,208 | ||
Mirae Asset Maps Asia Pacific Real Estate 1 Investment | 474,501 | 1,693 | ||
SK D&D Co. Ltd. | 38,717 | 1,395 | ||
^ | Shinhan Alpha REIT Co. Ltd. | 198,560 | 1,261 | |
Korea Real Estate Investment & Trust Co. Ltd. | 378,213 | 601 | ||
7,158 | ||||
Spain (0.5%) | ||||
Merlin Properties Socimi SA | 1,677,392 | 11,291 | ||
Inmobiliaria Colonial Socimi SA | 1,261,064 | 8,977 | ||
*,1 | Aedas Homes SA | 97,315 | 1,926 | |
*,1 | Metrovacesa SA | 235,488 | 1,327 | |
Lar Espana Real Estate Socimi SA | 317,424 | 1,132 | ||
* | Quabit Inmobiliaria SA | 125,800 | 48 | |
24,701 | ||||
Sweden (3.2%) | ||||
Castellum AB | 1,214,634 | 25,290 | ||
* | Fastighets AB Balder Class B | 491,769 | 23,144 | |
Fabege AB | 1,370,571 | 17,306 | ||
Wallenstam AB | 1,056,506 | 14,005 | ||
Wihlborgs Fastigheter AB | 680,373 | 12,263 | ||
^ | Samhallsbyggnadsbolaget i Norden AB (Ordinary Shares) | 4,070,463 | 11,203 | |
Hufvudstaden AB Class A | 602,401 | 7,864 | ||
Kungsleden AB | 920,178 | 7,808 | ||
* | Nyfosa AB | 891,802 | 7,374 | |
Catena AB | 122,668 | 4,993 | ||
Klovern AB | 2,702,324 | 4,118 | ||
Atrium Ljungberg AB | 244,410 | 3,948 | ||
Dios Fastigheter AB | 448,821 | 3,142 | ||
Cibus Nordic Real Estate AB | 156,345 | 2,713 | ||
Platzer Fastigheter Holding AB Class B | 260,530 | 2,496 | ||
^ | Akelius Residential Property AB | 1,087,531 | 1,968 |
16
Global ex-U.S. Real Estate Index Fund
Market | ||||
Value· | ||||
Shares | ($000) | |||
Samhallsbyggnadsbolaget i Norden AB | 548,937 | 1,784 | ||
Sagax AB | 485,641 | 1,692 | ||
NP3 Fastigheter AB | 118,623 | 1,382 | ||
* | K-fast Holding AB Class B | 37,724 | 911 | |
155,404 | ||||
Switzerland (1.8%) | ||||
Swiss Prime Site AG | 381,904 | 32,130 | ||
PSP Swiss Property AG | 212,326 | 25,676 | ||
Allreal Holding AG | 72,886 | 15,437 | ||
Mobimo Holding AG | 33,775 | 9,760 | ||
Intershop Holding AG | 6,517 | 3,996 | ||
86,999 | ||||
Taiwan (0.9%) | ||||
Highwealth Construction Corp. | 5,181,598 | 7,526 | ||
Ruentex Development Co. Ltd. | 5,044,986 | 6,976 | ||
Huaku Development Co. Ltd. | 1,225,854 | 3,717 | ||
Chong Hong Construction Co. Ltd. | 1,165,297 | 3,246 | ||
Prince Housing & Development Corp. | 6,182,478 | 2,282 | ||
Kindom Development Co. Ltd. | 1,840,000 | 2,242 | ||
Farglory Land Development Co. Ltd. | 1,254,631 | 1,932 | ||
Kuoyang Construction Co. Ltd. | 2,072,887 | 1,712 | ||
Cathay Real Estate Development Co. Ltd. | 2,567,100 | 1,711 | ||
Hung Sheng Construction Ltd. | 2,334,400 | 1,397 | ||
Radium Life Tech Co. Ltd. | 3,274,125 | 1,210 | ||
ZongTai Real Estate Development Co. Ltd. | 873,516 | 1,180 | ||
Chung Lien Transportation Co. Ltd. | 434,000 | 1,058 | ||
Hong Pu Real Estate Development Co. Ltd. | 1,215,194 | 1,010 | ||
Huang Hsiang Construction Corp. | 712,000 | 965 | ||
* | King’s Town Construction Co. Ltd. | 710,000 | 941 | |
* | Taiwan Land Development Corp. | 3,639,450 | 936 | |
* | Shining Building Business Co. Ltd. | 2,218,869 | 789 | |
KEE TAI Properties Co. Ltd. | 2,222,869 | 750 | ||
* | Sakura Development Co. Ltd. | 591,000 | 620 | |
Hung Ching Development & Construction Co. Ltd. | 726,000 | 467 | ||
Sweeten Real Estate Development Co. Ltd. | 528,896 | 396 | ||
Advancetek Enterprise Co. Ltd. | 435,000 | 291 | ||
43,354 | ||||
Thailand (1.0%) | ||||
Central Pattana PCL | 6,737,600 | 8,323 | ||
CPN Retail Growth Leasehold REIT | 8,954,935 | 5,227 | ||
Tesco Lotus Retail Growth Freehold & Leasehold Property Fund | 8,839,330 | 4,225 | ||
Land & Houses PCL | 18,700,800 | 3,835 | ||
Frasers Property Thailand Industrial Freehold & Leasehold REIT | 7,532,100 | 3,068 | ||
^ | WHA Corp. PCL | 37,089,186 | 2,828 | |
WHA Premium Growth Freehold & Leasehold Real Estate Investment Trust | 6,578,296 | 2,678 | ||
IMPACT Growth REIT | 3,211,100 | 1,802 | ||
Supalai PCL | 3,384,781 | 1,704 | ||
Siam Future Development PCL | 11,757,560 | 1,606 | ||
^ | Quality Houses PCL | 20,853,300 | 1,390 | |
§ | Pruksa Real Estate PCL | 3,024,500 | 1,302 | |
Bangkok Land PCL | 41,623,095 | 1,295 | ||
Mbk Pcl | 3,189,300 | 1,104 | ||
Origin Property PCL | 5,011,798 | 1,060 | ||
S Prime Growth Leasehold REIT | 4,456,100 | 1,000 | ||
Asian Property Development PCL (Foreign) | 4,977,520 | 997 | ||
Amata Corp. PCL (Foreign) | 2,509,523 | 941 | ||
Pruksa Holding PCL | 2,842,100 | 893 | ||
Noble Development PCL | 1,033,500 | 660 | ||
^ | Singha Estate PCL | 14,174,500 | 504 | |
*,^ | U City PCL | 13,700,024 | 479 | |
Hemaraj Leasehold REIT | 1,781,000 | 423 | ||
^ | LPN Development PCL | 2,977,800 | 363 |
17
Global ex-U.S. Real Estate Index Fund
Market | ||||
Value· | ||||
Shares | ($000) | |||
SC Asset Corp. PCL (Foreign) | 4,247,437 | 313 | ||
^ | SC Asset Corp. PCL NVDR | 4,237,400 | 312 | |
Sansiri PCL (Foreign) | 15,046,300 | 280 | ||
Sansiri PCL | 13,342,700 | 248 | ||
* | Amata Corp. PCL | 581,900 | 218 | |
Frasers Property Thailand PCL NVDR | 354,499 | 110 | ||
Property Perfect PCL | 3,306,790 | 35 | ||
* | MBK PCL Warrants Exp. 12/31/2023 | 127,968 | 32 | |
§,* | PACE Development Corp. PCL Warrants Exp. 08/29/2022 | 11,308,800 | 7 | |
Platinum Group PCL | 58,400 | 4 | ||
Frasers Property Thailand PCL (Foreign) | 1,501 | — | ||
* | Property Perfect PCL Rights | 3,106,237 | — | |
* | Hemaraj Leasehold REIT Rights Exp. 11/27/2020 | 348,363 | — | |
49,266 | ||||
Turkey (0.1%) | ||||
Emlak Konut Gayrimenkul Yatirim Ortakligi AS | 9,982,667 | 2,043 | ||
* | Is Gayrimenkul Yatirim Ortakligi AS | 2,560,380 | 581 | |
* | Vakif Gayrimenkul Yatirim Ortakligi AS | 886,021 | 357 | |
2,981 | ||||
United Arab Emirates (0.8%) | ||||
Aldar Properties PJSC | 19,411,748 | 14,334 | ||
* | Emaar Properties PJSC | 17,566,953 | 12,589 | |
* | Emaar Malls PJSC | 9,985,967 | 3,982 | |
* | Emaar Development PJSC | 4,305,538 | 2,647 | |
* | DAMAC Properties Dubai Co. PJSC | 8,622,014 | 2,537 | |
* | Deyaar Development PJSC | 7,761,390 | 569 | |
RAK Properties PJSC | 5,356,151 | 560 | ||
* | Eshraq Investments PJSC | 6,041,280 | 495 | |
37,713 | ||||
United Kingdom (7.0%) | ||||
Segro plc | 5,959,292 | 69,633 | ||
Land Securities Group plc | 3,764,176 | 24,836 | ||
* | UNITE Group plc | 2,000,009 | 21,584 | |
British Land Co. plc | 4,720,458 | 21,317 | ||
Derwent London plc | 550,175 | 18,946 | ||
Tritax Big Box REIT plc | 8,584,204 | 17,417 | ||
Assura plc | 13,420,844 | 13,249 | ||
LondonMetric Property plc | 4,573,532 | 12,787 | ||
Grainger plc | 3,430,012 | 12,426 | ||
Primary Health Properties plc | 6,614,536 | 12,339 | ||
Big Yellow Group plc | 836,720 | 11,924 | ||
Safestore Holdings plc | 1,062,889 | 11,065 | ||
Great Portland Estates plc | 1,288,265 | 9,631 | ||
Shaftesbury plc | 1,173,384 | 6,916 | ||
Capital & Counties Properties plc | 4,336,576 | 5,878 | ||
Workspace Group plc | 641,119 | 5,125 | ||
Sirius Real Estate Ltd. | 4,983,556 | 4,747 | ||
Supermarket Income Reit plc | 3,339,894 | 4,457 | ||
St. Modwen Properties plc | 1,023,180 | 4,395 | ||
Civitas Social Housing plc | 3,160,786 | 4,259 | ||
Hammerson plc | 19,081,935 | 4,030 | ||
LXI REIT plc | 2,652,455 | 3,761 | ||
UK Commercial Property REIT Ltd. | 3,754,118 | 3,317 | ||
BMO Commercial Property Trust Ltd. | 4,034,366 | 3,215 | ||
GCP Student Living plc | 2,081,410 | 3,020 | ||
1 | Triple Point Social Housing REIT plc | 1,836,186 | 2,510 | |
Helical plc | 535,604 | 2,359 | ||
Picton Property Income Ltd. | 2,833,967 | 2,288 | ||
Empiric Student Property plc | 3,124,527 | 2,186 | ||
CLS Holdings plc | 830,226 | 2,132 | ||
Urban & Civic plc | 754,460 | 2,004 | ||
* | Custodian REIT plc | 1,657,735 | 1,832 | |
Impact Healthcare REIT plc | 1,420,853 | 1,822 | ||
Phoenix Spree Deutschland Ltd. | 445,298 | 1,800 | ||
1 | Regional REIT Ltd. | 2,119,113 | 1,713 | |
Redefine International plc | 1,371,212 | 1,577 | ||
MAS Real Estate Inc. | 2,320,305 | 1,458 | ||
NewRiver REIT plc | 1,522,304 | 1,252 | ||
Standard Life Investment Property Income Trust Ltd. | 1,757,675 | 1,207 | ||
Schroder REIT Ltd. | 2,939,415 | 1,173 |
18
Global ex-U.S. Real Estate Index Fund
Market | ||||
Value· | ||||
Shares | ($000) | |||
AEW UK REIT plc | 806,771 | 794 | ||
§,* | Intu Properties plc | 5,001,586 | 115 | |
* | Shaftesbury plc Rights Exp. 11/11/2020 | 142,047 | 101 | |
U & I Group plc | 80,089 | 58 | ||
338,655 | ||||
United States (0.1%) | ||||
^ | Brookfield Property REIT Inc. Class A | 280,716 | 4,141 | |
Total Common Stocks (Cost $5,643,580) | 4,807,641 | |||
Temporary Cash Investments (3.3%) | ||||
Money Market Fund (3.2%) | ||||
4,5 | Vanguard Market Liquidity Fund, 0.112% | 1,542,745 | 154,274 | |
Face | ||||
Amount | ||||
($000) | ||||
U.S. Government and Agency Obligations (0.1%) | ||||
6 | United States Cash Management Bill, 0.145%, 12/15/2020 | 2,900 | 2,900 | |
6 | United States Treasury Bill, 0.109%, 12/31/2020 | 702 | 702 | |
3,602 | ||||
Total Temporary Cash Investments (Cost $157,879) | 157,876 | |||
Total Investments (102.5%) (Cost $5,801,459) | 4,965,517 | |||
Other Assets and Liabilities—Net (-2.5%) | (120,402) | |||
Net Assets (100%) | 4,845,115 |
Cost is in $000.
· | See Note A in Notes to Financial Statements. |
§ | Security value determined using significant unobservable inputs. |
* | Non-income-producing security. |
^ | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $142,661,000. |
1 | Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At October 31, 2020, the aggregate value of these securities was $107,646,000, representing 2.2% of net assets. |
2 | “Other” represents securities that are not classified by the fund’s benchmark index. |
3 | Considered an affiliated company of the fund as the issuer is another member of The Vanguard Group. |
4 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
5 | Includes collateral received for securities on loan. |
6 | Securities with a value of $2,089,000 have been segregated as initial margin for open futures contracts. |
GDR—Global Depositary Receipt.
NVDR—Non-Voting Depository Receipt.
REIT—Real Estate Investment Trust.
19
Global ex-U.S. Real Estate Index Fund
Derivative Financial Instruments Outstanding as of Period End | ||||
Futures Contracts | ||||
($000) | ||||
Value and | ||||
Number of | Unrealized | |||
Long (Short) | Notional | Appreciation | ||
Expiration | Contracts | Amount | (Depreciation) | |
Long Futures Contracts | ||||
MSCI Emerging Market Index | December 2020 | 335 | 18,457 | (35) |
Topix Index | December 2020 | 52 | 7,813 | (188) |
E-mini S&P 500 Index | December 2020 | 7 | 1,143 | (45) |
(268) |
Forward Currency Contracts | |||||||
Contract | Unrealized | Unrealized | |||||
Settlement | Contract Amount (000) | Appreciation | (Depreciation) | ||||
Counterparty | Date | Receive | Deliver | ($000) | ($000) | ||
State Street Bank & Trust Co. | 1/14/21 | HKD | 202,937 | USD | 26,175 | — | — |
UBS AG | 1/14/21 | EUR | 7,280 | USD | 8,599 | — | (104) |
Goldman Sachs International | 1/14/21 | JPY | 276,620 | USD | 2,644 | 1 | — |
Bank of America, N.A. | 1/14/21 | USD | 26,164 | HKD | 202,937 | — | (12) |
Standard Chartered Bank | 1/14/21 | USD | 8,544 | EUR | 7,280 | 49 | — |
Bank of America, N.A. | 1/14/21 | USD | 2,912 | GBP | 2,267 | — | (27) |
Barclays Bank plc | 1/14/21 | USD | 2,620 | JPY | 276,621 | — | (25) |
50 | (168) |
EUR—euro.
GBP—British pound.
HKD—Hong Kong dollar.
JPY—Japanese yen.
USD—U.S. dollar.
20 |
Global ex-U.S. Real Estate Index Fund
Over-the-Counter Total Return Swaps | ||||||
Floating | ||||||
Interest | ||||||
Rate | Value and | Value and | ||||
Notional | Received | Unrealized | Unrealized | |||
Termination | Amount | (Paid)1 | Appreciation | (Depreciation) | ||
Reference Entity | Date | Counterparty | ($000) | (%) | ($000) | ($000) |
Northview Apartment REIT | 9/2/21 | BOANA | 4,961 | 1.098 | 41 | — |
1 | Based on 1-month USD London Interbank Offered Rate (LIBOR) as of the most recent payment date. Floating interest payment received/paid monthly. |
BOANA—Bank of America, N.A.
See accompanying Notes, which are an integral part of the Financial Statements.
21 |
Global ex-U.S. Real Estate Index Fund
Statement of Assets and Liabilities
As of October 31, 2020
($000s, except shares and per-share amounts) | Amount |
Assets | |
Investments in Securities, at Value | |
Unaffiliated Issuers (Cost $5,639,653) | 4,803,828 |
Affiliated Issuers (Cost $161,806) | 161,689 |
Total Investments in Securities | 4,965,517 |
Investment in Vanguard | 212 |
Cash | 250 |
Foreign Currency, at Value (Cost $17,437) | 17,503 |
Receivables for Investment Securities Sold | 14,035 |
Receivables for Accrued Income | 20,592 |
Receivables for Capital Shares Issued | 488 |
Unrealized Appreciation—Forward Currency Contracts | 50 |
Unrealized Appreciation—Over-the-Counter Swap Contracts | 41 |
Total Assets | 5,018,688 |
Liabilities | |
Payables for Investment Securities Purchased | 17,415 |
Collateral for Securities on Loan | 154,337 |
Payables for Capital Shares Redeemed | 1,113 |
Payables to Vanguard | 296 |
Variation Margin Payable—Futures Contracts | 244 |
Unrealized Depreciation—Forward Currency Contracts | 168 |
Total Liabilities | 173,573 |
Net Assets | 4,845,115 |
22 |
Global ex-U.S. Real Estate Index Fund
Statement of Assets and Liabilities (continued)
At October 31, 2020, net assets consisted of:
($000s, except shares and per-share amounts) | Amount |
Paid-in Capital | 6,255,612 |
Total Distributable Earnings (Loss) | (1,410,497) |
Net Assets | 4,845,115 |
ETF Shares—Net Assets | |
Applicable to 89,694,555 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 4,219,424 |
Net Asset Value Per Share—ETF Shares | $47.04 |
Admiral Shares—Net Assets | |
Applicable to 14,752,517 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 420,583 |
Net Asset Value Per Share—Admiral Shares | $28.51 |
Institutional Shares—Net Assets | |
Applicable to 2,159,380 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 205,108 |
Net Asset Value Per Share—Institutional Shares | $94.98 |
See accompanying Notes, which are an integral part of the Financial Statements.
23 |
Global ex-U.S. Real Estate Index Fund
Statement of Operations
Year Ended | |
October 31, 2020 | |
($000) | |
Investment Income | |
Income | |
Dividends—Unaffiliated Issuers1 | 198,821 |
Dividends—Affiliated Issuers | 241 |
Interest—Unaffiliated Issuers | 15 |
Interest—Affiliated Issuers | 35 |
Securities Lending—Net | 3,254 |
Total Income | 202,366 |
Expenses | |
The Vanguard Group—Note B | |
Investment Advisory Services | 849 |
Management and Administrative—ETF Shares | 3,792 |
Management and Administrative—Admiral Shares | 452 |
Management and Administrative—Institutional Shares | 170 |
Marketing and Distribution—ETF Shares | 206 |
Marketing and Distribution—Admiral Shares | 30 |
Marketing and Distribution—Institutional Shares | 8 |
Custodian Fees | 790 |
Auditing Fees | 37 |
Shareholders’ Reports—ETF Shares | 570 |
Shareholders’ Reports—Admiral Shares | 8 |
Shareholders’ Reports—Institutional Shares | — |
Trustees’ Fees and Expenses | 4 |
Total Expenses | 6,916 |
Expenses Paid Indirectly | (126) |
Net Expenses | 6,790 |
Net Investment Income | 195,576 |
Realized Net Gain (Loss) | |
Investment Securities Sold—Unaffiliated Issuers2 | (112,152) |
Investment Securities Sold—Affiliated Issuers | (1,015) |
Futures Contracts | 1,983 |
Swap Contracts | 539 |
Forward Currency Contracts | (91) |
Foreign Currencies | 49 |
Realized Net Gain (Loss) | (110,687) |
24 |
Global ex-U.S. Real Estate Index Fund
Statement of Operations (continued) | |
Year Ended | |
October 31, 2020 | |
($000) | |
Change in Unrealized Appreciation (Depreciation) | |
Investment Securities—Unaffiliated Issuers | (1,219,897) |
Investment Securities—Affiliated Issuers | (2,070) |
Futures Contracts | (690) |
Swap Contracts | 41 |
Forward Currency Contracts | (237) |
Foreign Currencies | 587 |
Change in Unrealized Appreciation (Depreciation) | (1,222,266) |
Net Increase (Decrease) in Net Assets Resulting from Operations | (1,137,377) |
1 Dividends are net of foreign withholding taxes of $17,938,000.
2 Includes $88,187,000 of net gain (loss) resulting from in-kind redemptions.
See accompanying Notes, which are an integral part of the Financial Statements.
25 |
Global ex-U.S. Real Estate Index Fund
Statement of Changes in Net Assets
Year Ended October 31, | ||
2020 | 2019 | |
($000) | ($000) | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net Investment Income | 195,576 | 228,005 |
Realized Net Gain (Loss) | (110,687) | 4,956 |
Change in Unrealized Appreciation (Depreciation) | (1,222,266) | 890,079 |
Net Increase (Decrease) in Net Assets Resulting from Operations | (1,137,377) | 1,123,040 |
Distributions1 | ||
Investor Shares | — | (1,426) |
ETF Shares | (358,889) | (218,936) |
Admiral Shares | (37,035) | (19,819) |
Institutional Shares | (14,097) | (7,705) |
Total Distributions | (410,021) | (247,886) |
Capital Share Transactions | ||
Investor Shares | — | (56,179) |
ETF Shares | (372,426) | (96,341) |
Admiral Shares | (56,772) | 70,373 |
Institutional Shares | 27,341 | 90,770 |
Net Increase (Decrease) from Capital Share Transactions | (401,857) | 8,623 |
Total Increase (Decrease) | (1,949,255) | 883,777 |
Net Assets | ||
Beginning of Period | 6,794,370 | 5,910,593 |
End of Period | 4,845,115 | 6,794,370 |
1 Certain prior-period numbers have been reclassified to conform with the current-period presentation.
See accompanying Notes, which are an integral part of the Financial Statements.
26 |
Global ex-U.S. Real Estate Index Fund
Financial Highlights
ETF Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $60.79 | $52.99 | $59.49 | $53.35 | $53.58 |
Investment Operations | |||||
Net Investment Income1 | 1.761 | 2.033 | 2.672 | 1.900 | 1.752 |
Net Realized and Unrealized Gain (Loss) on Investments | (11.864) | 7.969 | (6.240) | 6.325 | (.241) |
Total from Investment Operations | (10.103) | 10.002 | (3.568) | 8.225 | 1.511 |
Distributions | |||||
Dividends from Net Investment Income | (3.647) | 2.202 | (2.932) | (2.085) | (1.741) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (3.647) | 2.202 | (2.932) | (2.085) | (1.741) |
Net Asset Value, End of Period | $47.04 | $60.79 | $52.99 | $59.49 | $53.35 |
Total Return | -17.71% | 19.47% | -6.42% | 16.13% | 2.92% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $4,219 | $5,945 | $5,270 | $5,122 | $3,616 |
Ratio of Total Expenses to Average Net Assets | 0.12% | 0.12% | 0.12% | 0.14% | 0.15% |
Ratio of Net Investment Income to Average Net Assets | 3.44% | 3.54% | 4.51% | 3.44% | 3.30% |
Portfolio Turnover Rate2 | 11% | 7% | 7% | 6% | 7% |
1 | Calculated based on average shares outstanding. |
2 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
27 |
Global ex-U.S. Real Estate Index Fund
Financial Highlights
Admiral Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $36.84 | $32.11 | $36.05 | $32.33 | $32.47 |
Investment Operations | |||||
Net Investment Income1 | 1.079 | 1.236 | 1.620 | 1.141 | 1.058 |
Net Realized and Unrealized Gain (Loss) on Investments | (7.199) | 4.828 | (3.784) | 3.844 | (.139) |
Total from Investment Operations | (6.120) | 6.064 | (2.164) | 4.985 | .919 |
Distributions | |||||
Dividends from Net Investment Income | (2.210) | 1.334 | (1.776) | (1.265) | (1.059) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (2.210) | 1.334 | (1.776) | (1.265) | (1.059) |
Net Asset Value, End of Period | $28.51 | $36.84 | $32.11 | $36.05 | $32.33 |
Total Return2 | -17.71% | 19.46% | -6.43% | 16.15% | 2.91% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $421 | $617 | $475 | $453 | $373 |
Ratio of Total Expenses to Average Net Assets | 0.12% | 0.12% | 0.12% | 0.14% | 0.15% |
Ratio of Net Investment Income to Average Net Assets | 3.49% | 3.55% | 4.51% | 3.44% | 3.30% |
Portfolio Turnover Rate3 | 11% | 7% | 7% | 6% | 7% |
1 | Calculated based on average shares outstanding. |
2 | Total returns do not include transaction or account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable transaction and account service fees. |
3 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
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Global ex-U.S. Real Estate Index Fund
Financial Highlights
Institutional Shares
For a Share Outstanding | Year Ended October 31, | ||||
Throughout Each Period | 2020 | 2019 | 2018 | 2017 | 2016 |
Net Asset Value, Beginning of Period | $122.73 | $106.98 | $120.11 | $107.71 | $108.17 |
Investment Operations | |||||
Net Investment Income1 | 3.646 | 4.143 | 5.543 | 3.889 | 3.559 |
Net Realized and Unrealized Gain (Loss) on Investments | (24.030) | 16.064 | (12.740) | 12.741 | (.483) |
Total from Investment Operations | (20.384) | 20.207 | (7.197) | 16.630 | 3.076 |
Distributions | |||||
Dividends from Net Investment Income | (7.366) | 4.457 | (5.933) | (4.230) | (3.536) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (7.366) | 4.457 | (5.933) | (4.230) | (3.536) |
Net Asset Value, End of Period | $94.98 | $122.73 | $106.98 | $120.11 | $107.71 |
Total Return2 | -17.71% | 19.46% | -6.42% | 16.17% | 2.93% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $205 | $232 | $115 | $156 | $165 |
Ratio of Total Expenses to Average Net Assets | 0.11% | 0.11% | 0.11% | 0.12% | 0.13% |
Ratio of Net Investment Income to Average Net Assets | 3.55% | 3.57% | 4.52% | 3.46% | 3.32% |
Portfolio Turnover Rate3 | 11% | 7% | 7% | 6% | 7% |
1 | Calculated based on average shares outstanding. |
2 | Total returns do not include transaction fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable transaction fees. |
3 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
See accompanying Notes, which are an integral part of the Financial Statements.
29 |
Global ex-U.S. Real Estate Index Fund
Notes to Financial Statements
Vanguard Global ex-U.S. Real Estate Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund invests in securities of foreign issuers, which may subject it to investment risks not normally associated with investing in securities of U.S. corporations. The fund offers three classes of shares: ETF Shares, Admiral Shares, and Institutional Shares. Each of the share classes has different eligibility and minimum purchase requirements, and is designed for different types of investors. ETF Shares are listed for trading on Nasdaq; they can be purchased and sold through a broker.
Market disruptions associated with the COVID-19 pandemic have had a global impact, and uncertainty exists as to the long-term implications. Such disruptions can adversely affect assets of the fund and thus fund performance.
A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.
1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued at their fair values calculated according to procedures adopted by the board of trustees. These procedures include obtaining quotations from an independent pricing service, monitoring news to identify significant market- or security-specific events, and evaluating changes in the values of foreign market proxies (for example, ADRs, futures contracts, or exchange-traded funds), between the time the foreign markets close and the fund’s pricing time. When fair-value pricing is employed, the prices of securities used by a fund to calculate its net asset value may differ from quoted or published prices for the same securities. Investments in Vanguard Market Liquidity Fund are valued at that fund’s net asset value. Temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services.
2. Foreign Currency: Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using exchange rates obtained from an independent third party as of the fund’s pricing time on the valuation date. Realized gains (losses) and unrealized appreciation (depreciation) on investment securities include the effects of changes in exchange rates since the securities were purchased, combined with the effects of changes in security prices. Fluctuations in the value of other assets and liabilities resulting from changes in exchange rates are recorded as unrealized foreign currency gains (losses) until the assets or liabilities are settled in cash, at which time they are recorded as realized foreign currency gains (losses).
3. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures contracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the underlying index while maintaining a cash balance for liquidity. The primary risks associated with
30 |
Global ex-U.S. Real Estate Index Fund
the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. The notional amounts of the contracts are not recorded in the Statement of Assets and Liabilities. Fluctuations in the value of the contracts are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized gains (losses) on futures contracts.
During the year ended October 31, 2020, the fund’s average investments in long and short futures contracts represented less than 1% and 0% of net assets, respectively, based on the average of the notional amounts at each quarter-end during the period.
4. Forward Currency Contracts: The fund enters into forward currency contracts to provide the appropriate currency exposure related to any open futures contracts. The fund’s risks in using these contracts include movement in the values of the foreign currencies relative to the U.S. dollar and the ability of the counterparties to fulfill their obligations under the contracts. The fund mitigates its counterparty risk by entering into forward currency contracts only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. The master netting arrangements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate the forward currency contracts, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The forward currency contracts contain provisions whereby a counterparty may terminate open contracts if the fund’s net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the forward currency contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.
Forward currency contracts are valued at their quoted daily prices obtained from an independent third party, adjusted for currency risk based on the expiration date of each contract. The notional amounts of the contracts are not recorded in the Statement of Assets and Liabilities. Fluctuations in the value of the contracts are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized gains (losses) on forward currency contracts.
31 |
Global ex-U.S. Real Estate Index Fund
During the year ended October 31, 2020, the fund’s average investment in forward currency contracts represented less than 1% of net assets, based on the average of notional amounts at each quarter-end during the period.
5. Swap Contracts: The fund has entered into equity swap contracts to earn the total return on selected reference stocks in the fund’s target index. Under the terms of the swaps, the fund receives the total return on the referenced stock (i.e., receiving the increase or paying the decrease in value of the selected reference stock and receiving the equivalent of any dividends in respect of the selected referenced stock) over a specified period of time, applied to a notional amount that represents the value of a designated number of shares of the selected reference stock at the beginning of the equity swap contract. The fund also pays a floating rate that is based on short-term interest rates, applied to the notional amount. At the same time, the fund generally invests an amount approximating the notional amount of the swap in high-quality temporary cash investments.
A risk associated with all types of swaps is the possibility that a counterparty may default on its obligation to pay net amounts due to the fund. The fund’s maximum amount subject to counterparty risk is the unrealized appreciation on the swap contract. The fund mitigates its counterparty risk by entering into swaps only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. In the event of a counterparty’s default (including bankruptcy), the fund may terminate any swap contracts with that counterparty, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The swap contracts contain provisions whereby a counterparty may terminate open contracts if the fund’s net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any securities pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the swap contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.
The notional amounts of swap contracts are not recorded in the Statement of Assets and Liabilities. Swaps are valued daily based on market quotations received from independent pricing services or recognized dealers and the change in value is recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until periodic payments are made or the termination of the swap, at which time realized gain (loss) is recorded.
During the year ended October 31, 2020, the fund’s average amounts of investments in total return swaps represented less than 1% of net assets, based on the average of notional amounts at each quarter-end during the period.
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Global ex-U.S. Real Estate Index Fund
6. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. The fund’s tax returns are open to examination by the relevant tax authorities until expiration of the applicable statute of limitations, which is generally three years after the filing of the tax return. Management has analyzed the fund’s tax positions taken for all open federal and state income tax years, and has concluded that no provision for income tax is required in the fund’s financial statements.
7. Distributions: Distributions to shareholders are recorded on the ex-dividend date. Distributions are determined on a tax basis at the fiscal year-end and may differ from net investment income and realized capital gains for financial reporting purposes.
8. Securities Lending: To earn additional income, the fund lends its securities to qualified institutional borrowers. Security loans are subject to termination by the fund at any time, and are required to be secured at all times by collateral in an amount at least equal to the market value of securities loaned. Daily market fluctuations could cause the value of loaned securities to be more or less than the value of the collateral received. When this occurs, the collateral is adjusted and settled before the opening of the market on the next business day. The fund further mitigates its counterparty risk by entering into securities lending transactions only with a diverse group of prequalified counterparties, monitoring their financial strength, and entering into master securities lending agreements with its counterparties. The master securities lending agreements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate any loans with that borrower, determine the net amount owed, and sell or retain the collateral up to the net amount owed to the fund; however, such actions may be subject to legal proceedings. While collateral mitigates counterparty risk, in the event of a default, the fund may experience delays and costs in recovering the securities loaned. The fund invests cash collateral received in Vanguard Market Liquidity Fund, and records a liability in the Statement of Assets and Liabilities for the return of the collateral, during the period the securities are on loan. Collateral investments in Vanguard Market Liquidity Fund are subject to market appreciation or depreciation. Securities lending income represents fees charged to borrowers plus income earned on invested cash collateral, less expenses associated with the loan. During the term of the loan, the fund is entitled to all distributions made on or in respect of the loaned securities.
9. Credit Facilities and Interfund Lending Program: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $4.3 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement and an uncommitted credit facility provided by Vanguard. Both facilities may be renewed annually. Each fund is individually liable for its borrowings, if any, under the credit facilities. Borrowings may be utilized for temporary or emergency purposes, subject to the fund’s regulatory and contractual borrowing restrictions. With respect to the committed credit facility, the participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn committed amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under either facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate (or an acceptable alternate rate, if necessary), federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread, except that borrowings under the uncommitted credit facility may bear interest based upon an alternative rate agreed to by the fund and Vanguard.
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Global ex-U.S. Real Estate Index Fund
In accordance with an exemptive order (the “Order”) from the SEC, the fund may participate in a joint lending and borrowing program that allows registered open-end Vanguard funds to borrow money from and lend money to each other for temporary or emergency purposes (the “Interfund Lending Program”), subject to compliance with the terms and conditions of the Order, and to the extent permitted by the fund’s investment objective and investment policies. Interfund loans and borrowings normally extend overnight, but can have a maximum duration of seven days. Loans may be called on one business day’s notice. The interest rate to be charged is governed by the conditions of the Order and internal procedures adopted by the board of trustees. The board of trustees is responsible for overseeing the Interfund Lending Program.
For the year ended October 31, 2020, the fund did not utilize the credit facilities or the Interfund Lending Program.
10. Other: Dividend income is recorded on the ex-dividend date. Interest income includes income distributions received from Vanguard Market Liquidity Fund and is accrued daily. Premiums and discounts on debt securities are amortized and accreted, respectively, to interest income over the lives of the respective securities, except for premiums on certain callable debt securities that are amortized to the earliest call date. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold. Fees assessed on capital share transactions are credited to paid-in capital.
Withholding taxes on foreign dividends and capital gains have been provided for in accordance with the fund’s understanding of the applicable countries’ tax rules and rates. The fund has filed tax reclaims for previously withheld taxes on dividends earned in certain European Union countries. These filings are subject to various administrative and judicial proceedings within these countries. Such tax reclaims received during the year, if any, are included in dividend income. No other amounts for additional tax reclaims are reflected in the financial statements due to the uncertainty as to the ultimate resolution of proceedings, the likelihood of receipt of these reclaims, and the potential timing of payment.
Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.
B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees and are generally settled twice a month.
Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At October 31, 2020, the fund had contributed to Vanguard capital in the amount of $212,000, representing less than 0.01% of the fund’s net assets and 0.08% of Vanguard’s capital received pursuant to the FSA. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.
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Global ex-U.S. Real Estate Index Fund
C. The fund’s custodian bank has agreed to reduce its fees when the fund maintains cash on deposit in the non-interest-bearing custody account. For the year ended October 31, 2020, custodian fee offset arrangements reduced the fund’s expenses by $126,000 (an annual rate of less than 0.01% of average net assets).
D. Various inputs may be used to determine the value of the fund’s investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.
The following table summarizes the market value of the fund’s investments and derivatives as of October 31, 2020, based on the inputs used to value them:
Level 1 | Level 2 | Level 3 | Total | |
($000) | ($000) | ($000) | ($000) | |
Investments | ||||
Assets | ||||
Common Stocks | 182,927 | 4,619,070 | 5,644 | 4,807,641 |
Temporary Cash Investments | 154,274 | 3,602 | — | 157,876 |
Total | 337,201 | 4,622,672 | 5,644 | 4,965,517 |
Derivative Financial Instruments | ||||
Assets | ||||
Forward Currency Contracts | — | 50 | — | 50 |
Swap Contracts | — | 41 | — | 41 |
Total | — | 91 | — | 91 |
Liabilities | ||||
Futures Contracts1 | 244 | — | — | 244 |
Forward Currency Contracts | — | 168 | — | 168 |
Total | 244 | 168 | — | 412 |
1 Represents variation margin on the last day of the reporting period.
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Global ex-U.S. Real Estate Index Fund
E. At October 31, 2020, the fair values of derivatives were reflected in the Statement of Assets and Liabilities as follows:
Foreign | |||
Equity | Exchange | ||
Contracts | Contracts | Total | |
Statement of Assets and Liabilities Caption | ($000) | ($000) | ($000) |
Unrealized Appreciation—Forward Currency Contracts | — | 50 | 50 |
Unrealized Appreciation—Over-the-Counter Swap Contracts | 41 | — | 41 |
Total Assets | 41 | 50 | 91 |
Variation Margin Payable—Futures Contracts | 244 | — | 244 |
Unrealized Depreciation—Forward Currency Contracts | — | 168 | 168 |
Total Liabilities | 244 | 168 | 412 |
Realized net gain (loss) and the change in unrealized appreciation (depreciation) on derivatives for the year ended October 31, 2020, were:
Foreign | |||
Equity | Exchange | ||
Contracts | Contracts | Total | |
Realized Net Gain (Loss) on Derivatives | ($000) | ($000) | ($000) |
Futures Contracts | 1,983 | — | 1,983 |
Swap Contracts | 539 | — | 539 |
Forward Currency Contracts | — | (91) | (91) |
Realized Net Gain (Loss) on Derivatives | 2,522 | (91) | 2,431 |
Change in Unrealized Appreciation (Depreciation) on Derivatives | |||
Futures Contracts | (690) | — | (690) |
Swap Contracts | 41 | — | 41 |
Forward Currency Contracts | — | (237) | (237) |
Change in Unrealized Appreciation (Depreciation) on Derivatives | (649) | (237) | (886) |
F. Permanent differences between book-basis and tax-basis components of net assets are reclassified among capital accounts in the financial statements to reflect their tax character. These reclassifications have no effect on net assets or net asset value per share. As of period end, permanent differences primarily attributable to the accounting for in-kind redemptions, foreign currency transactions, passive foreign investment companies, corporate actions, swap agreements, and tax expense on capital gains were reclassified between the following accounts:
Amount | |
($000) | |
Paid-in Capital | 44,517 |
Total Distributable Earnings (Loss) | (44,517) |
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Global ex-U.S. Real Estate Index Fund
Temporary differences between book-basis and tax-basis components of total distributable earnings (loss) arise when certain items of income, gain, or loss are recognized in different periods for financial statement and tax purposes; these differences will reverse at some time in the future. The differences are primarily related to the deferral of losses from wash sales; the recognition of unrealized gains or losses from certain derivative contracts; the recognition of unrealized gains from passive foreign investment companies; the treatment of income from corporate actions; and the classification of securities for tax purposes. As of period end, the tax-basis components of total distributable earnings (loss) are detailed in the table as follows:
Amount | |
($000) | |
Undistributed Ordinary Income | 27,220 |
Undistributed Long-Term Gains | — |
Capital Loss Carryforwards | (477,984) |
Qualified Late-Year Losses | — |
Net Unrealized Gains (Losses) | (959,733) |
The tax character of distributions paid was as follows:
October 31, 2020 | October 31, 2019 | ||
Amount | Amount | ||
($000) | ($000) | ||
Ordinary Income* | 410,021 | 247,886 | |
Long-Term Capital Gains | — | — | |
Total | 410,021 | 247,886 |
* Includes short-term capital gains, if any.
As of October 31, 2020, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:
Amount | |
($000) | |
Tax Cost | 5,925,268 |
Gross Unrealized Appreciation | 516,916 |
Gross Unrealized Depreciation | (1,476,867) |
Net Unrealized Appreciation (Depreciation) | (959,951) |
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Global ex-U.S. Real Estate Index Fund
G. During the year ended October 31, 2020, the fund purchased $898,945,000 of investment securities and sold $1,504,493,000 of investment securities, other than temporary cash investments. Purchases and sales include $272,486,000 and $624,923,000, respectively, in connection with in-kind purchases and redemptions of the fund’s capital shares.
H. Capital share transactions for each class of shares were:
Year Ended October 31, | |||||
2020 | 2019 | ||||
Amount | Shares | Amount | Shares | ||
($000) | (000) | ($000) | (000) | ||
Investor Shares | |||||
Issued1 | — | — | 6,420 | 274 | |
Issued in Lieu of Cash Distributions | — | — | 1,213 | 58 | |
Redeemed2,3 | — | — | (63,812) | (2,743) | |
Net Increase (Decrease)—Investor Shares | — | — | (56,179) | (2,411) | |
ETF Shares | |||||
Issued1 | 299,697 | 5,699 | 482,975 | 8,342 | |
Issued in Lieu of Cash Distributions | — | — | — | — | |
Redeemed2 3 | (672,123) | (13,800) | (579,316) | (10,000) | |
Net Increase (Decrease)—ETF Shares | (372,426) | (8,101) | (96,341) | (1,658) | |
Admiral Shares | |||||
Issued1,3 | 125,819 | 4,401 | 145,581 | 4,167 | |
Issued in Lieu of Cash Distributions | 28,790 | 825 | 16,080 | 490 | |
Redeemed2 | (211,381) | (7,235) | (91,288) | (2,674) | |
Net Increase (Decrease)—Admiral Shares | (56,772) | (2,009) | 70,373 | 1,983 | |
Institutional Shares | |||||
Issued1 | 32,658 | 330 | 95,873 | 861 | |
Issued in Lieu of Cash Distributions | 5,630 | 48 | 3,296 | 30 | |
Redeemed2 | (10,947) | (112) | (8,399) | (73) | |
Net Increase (Decrease)—Institutional Shares | 27,341 | 266 | 90,770 | 818 |
1 | Includes purchase fees for fiscal 2020 and 2019 of $396,000 and $462,000, respectively (fund totals). |
2 | Net of redemption fees for fiscal 2020 and 2019 of $473,000 and $230,000, respectively (fund totals). |
3 | In November 2018, the fund announced changes to the availability and minimum investment criteria of the Investor and Admiral share classes. As a result, all of the outstanding Investor Shares automatically converted to Admiral Shares beginning in April 2019. Investor Shares—Redeemed and Admiral Shares—Issued include 2,294,000 and 1,514,000 shares, respectively, in the amount of $53,445,000 from the conversion during the year ended October 31, 2019. |
38
Global ex-U.S. Real Estate Index Fund
I. Transactions during the period in investments where the issuer is another member of The Vanguard Group were as follows:
Current Period Transactions | ||||||||
Oct. 31, | Proceeds | Realized | Oct. 31, | |||||
2019 | from | Net | Change in | Capital Gain | 2020 | |||
Market | Purchases | Securities | Gain | Unrealized | Distributions | Market | ||
Value | at Cost | Sold1 | (Loss) | App. (Dep.) | Income | Received | Value | |
($000) | ($000) | ($000) | ($000) | ($000) | ($000) | ($000) | ($000) | |
Vanguard Market Liquidity Fund | 98,940 | NA2 | NA2 | (55) | (16) | 35 | — | 154,274 |
Vanguard Real Estate ETF | 11,053 | 5,221 | 5,739 | (960) | (2,054) | 241 | — | 7,415 |
Total | 109,993 | (1,015) | (2,070) | 276 | — | 161,689 |
1 Does not include adjustments related to return of capital.
2 Not applicable—purchases and sales are for temporary cash investment purposes.
J. Management has determined that no events or transactions occurred subsequent to October 31, 2020, that would require recognition or disclosure in these financial statements.
39
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of Vanguard International Equity Index Funds and Shareholders of Vanguard Global ex-U.S. Real Estate Index Fund
Opinion on the Financial Statements
We have audited the accompanying statement of assets and liabilities, including the schedule of investments, of Vanguard Global ex-U.S. Real Estate Index Fund (one of the funds constituting Vanguard International Equity Index Funds, referred to hereafter as the “Fund”) as of October 31, 2020, the related statement of operations for the year ended October 31, 2020, the statement of changes in net assets for each of the two years in the period ended October 31, 2020, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2020 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of October 31, 2020, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended October 31, 2020 and the financial highlights for each of the five years in the period ended October 31, 2020 in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Fund’s management. Our responsibility is to express an opinion on the Fund’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of October 31, 2020 by correspondence with the custodian and brokers and by agreement to the underlying ownership records of the transfer agent; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.
/s/PricewaterhouseCoopers LLP
Philadelphia, Pennsylvania
December 15, 2020
We have served as the auditor of one or more investment companies in The Vanguard Group of Funds since 1975.
40
Special 2020 tax information (unaudited) for Vanguard Global ex-U.S. Real Estate Index Fund
This information for the fiscal year ended October 31, 2020, is included pursuant to provisions of the Internal Revenue Code.
The fund distributed $31,285,000 of qualified dividend income to shareholders during the fiscal year.
The fund designates to shareholders foreign source income of $246,821,000 and foreign taxes paid of $15,231,000. Shareholders will receive more detailed information with their Form 1099-DIV in January 2021 to determine the calendar-year amounts to be included on their 2020 tax returns.
41
The S&P Global ex-U.S. Property Index is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates (“SPDJI”), and has been licensed for use by Vanguard. Standard & Poor’s®, and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global (“S&P”) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). The trademarks have been licensed to SPDJI and have been sublicensed for use for certain purposes by Vanguard. Vanguard Global ex-U.S. Real Estate Index Fund is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, any of their respective affiliates (collectively, “S&P Dow Jones Indices”). S&P Dow Jones Indices make no representation or warranty, express or implied, to the owners of the Vanguard Global ex-U.S. Real Estate Index Fund or any member of the public regarding the advisability of investing in securities generally or in Vanguard Global ex-U.S. Real Estate Index Fund particularly or the ability of the S&P Global ex-U.S. Property Index to track general market performance. S&P Dow Jones Indices’ only relationship to Vanguard with respect to the S&P Global ex-U.S. Property Index is the licensing of the Index and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The S&P Global ex-U.S. Property Index is determined, composed and calculated by S&P Dow Jones Indices without regard to Vanguard or the Vanguard Global ex-U.S. Real Estate Index Fund. S&P Dow Jones Indices have no obligation to take the needs of Vanguard or the owners of Vanguard Global ex-U.S. Real Estate Index Fund into consideration in determining, composing or calculating the S&P Global ex-U.S. Property Index. S&P Dow Jones Indices are not responsible for and have not participated in the determination of the prices, and amount of Vanguard Global ex-U.S. Real Estate Index Fund or the timing of the issuance or sale of Vanguard Global ex-U.S. Real Estate Index Fund or in the determination or calculation of the equation by which Vanguard Global ex-U.S. Real Estate Index Fund is to be converted into cash, surrendered or redeemed, as the case may be. S&P Dow Jones Indices have no obligation or liability in connection with the administration, marketing or trading of Vanguard Global ex-U.S. Real Estate Index Fund. There is no assurance that investment products based on the S&P Global ex-U.S. Property Index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion of a security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor is it considered to be investment advice.
S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE S&P GLOBAL EX-U.S. PROPERTY INDEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY VANGUARD, OWNERS OF THE VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX FUND, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE S&P GLOBAL EX-U.S. PROPERTY INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND VANGUARD, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.
42
The People Who Govern Your Fund
The trustees of your mutual fund are there to see that the fund is operated and managed in your best interests since, as a shareholder, you are a part owner of the fund. Your fund’s trustees also serve on the board of directors of The Vanguard Group, Inc., which is owned by the Vanguard funds and provides services to them.
A majority of Vanguard’s board members are independent, meaning that they have no affiliation with Vanguard or the funds they oversee, apart from the sizable personal investments they have made as private individuals. The independent board members have distinguished backgrounds in business, academia, and public service. Each of the trustees and executive officers oversees 213 Vanguard funds.
Information for each trustee and executive officer of the fund appears below. That information, as well as the Vanguard fund count, is as of the date on the cover of this fund report. The mailing address of the trustees and officers is P.O. Box 876, Valley Forge, PA 19482. More information about the trustees is in the Statement of Additional Information, which can be obtained, without charge, by contacting Vanguard at 800-662-7447, or online at vanguard.com.
Interested Trustee1
Mortimer J. Buckley
Born in 1969. Trustee since January 2018. Principal occupation(s) during the past five years and other experience: chairman of the board (2019–present) of Vanguard and of each of the investment companies served by Vanguard; chief executive officer (2018–present) of Vanguard; chief executive officer, president, and trustee (2018–present) of each of the investment companies served by Vanguard; president and director (2017–present) of Vanguard; and president (2018–present) of Vanguard Marketing Corporation. Chief investment officer (2013–2017), managing director (2002–2017), head of the Retail Investor Group (2006–2012), and chief information officer (2001–2006) of Vanguard. Chairman of the board (2011–2017) and trustee (2009–2017) of the Children’s Hospital of Philadelphia; and trustee (2018–present) and vice chair (2019–present) of The Shipley School.
Independent Trustees
Emerson U. Fullwood
Born in 1948. Trustee since January 2008. Principal occupation(s) during the past five years and other experience: executive chief staff and marketing officer for North America and corporate vice president (retired 2008) of Xerox Corporation (document management products and services). Former president of the Worldwide Channels Group, Latin America, and Worldwide Customer Service and executive chief staff officer of Developing Markets of Xerox. Executive in residence and 2009–2010 Distinguished Minett Professor at the Rochester Institute of Technology. Director of SPX FLOW, Inc. (multi-industry manufacturing). Director of the University of Rochester Medical Center, the Monroe Community College Foundation, the United Way of Rochester, North Carolina A&T University, and Roberts Wesleyan College. Trustee of the University of Rochester.
Amy Gutmann
Born in 1949. Trustee since June 2006. Principal occupation(s) during the past five years and other experience: president (2004–present) of the University of Pennsylvania. Christopher H. Browne Distinguished Professor of Political Science, School of Arts and Sciences, and professor of communication, Annenberg School for Communication, with secondary faculty appointments in the Department of Philosophy, School of Arts and Sciences, and at the Graduate School of Education, University of Pennsylvania.
F. Joseph Loughrey
Born in 1949. Trustee since October 2009. Principal occupation(s) during the past five years and other experience: president and chief operating officer (retired 2009) and vice chairman of the board (2008–2009) of Cummins Inc. (industrial machinery). Chairman of the board of Hillenbrand, Inc. (specialized consumer services) and the Lumina Foundation. Director of the V Foundation. Member of the advisory
1 | Mr. Buckley is considered an “interested person,” as defined in the Investment Company Act of 1940, because he is an officer of the Vanguard funds. |
council for the College of Arts and Letters and chair of the advisory board to the Kellogg Institute for International Studies, both at the University of Notre Dame.
Mark Loughridge
Born in 1953. Trustee since March 2012. Principal occupation(s) during the past five years and other experience: senior vice president and chief financial officer (retired 2013) of IBM (information technology services). Fiduciary member of IBM’s Retirement Plan Committee (2004–2013), senior vice president and general manager (2002–2004) of IBM Global Financing, vice president and controller (1998–2002) of IBM, and a variety of other prior management roles at IBM. Member of the Council on Chicago Booth.
Scott C. Malpass
Born in 1962. Trustee since March 2012. Principal occupation(s) during the past five years and other experience: chief investment officer (retired June 2020) and vice president (retired June 2020) of the University of Notre Dame. Assistant professor of finance at the Mendoza College of Business, University of Notre Dame, and member of the Notre Dame 403(b) Investment Committee (retired June 2020). Member of the board of Catholic Investment Services, Inc. (investment advisors) and the board of superintendence of the Institute for the Works of Religion.
Deanna Mulligan
Born in 1963. Trustee since January 2018. Principal occupation(s) during the past five years and other experience: board chair (2020–present), chief executive officer (2011–2020), and president (2010–2019) of The Guardian Life Insurance Company of America. Chief operating officer (2010–2011) and executive vice president (2008–2010) of the individual life and disability division of Guardian Life. Member of the board of the American Council of Life Insurers and the board of the Economic Club of New York. Trustee of the Partnership for New York City (business leadership), Chief Executives for Corporate Purpose, NewYork- Presbyterian Hospital, Catalyst, and the Bruce Museum (arts and science). Member of the Advisory Council for the Stanford Graduate School of Business.
André F. Perold
Born in 1952. Trustee since December 2004. Principal occupation(s) during the past five years and other experience: George Gund Professor of Finance and Banking, Emeritus at the Harvard Business School (retired 2011). Chief investment officer and co-managing partner of HighVista Strategies (private investment firm). Member of the board of advisors and member of the investment committee of the Museum of Fine Arts Boston. Member of the board (2018–present) of RIT Capital Partners (investment firm). Member of the investment committee of Partners Health Care System.
Sarah Bloom Raskin
Born in 1961. Trustee since January 2018. Principal occupation(s) during the past five years and other experience: deputy secretary (2014–2017) of the United States Department of the Treasury. Governor (2010–2014) of the Federal Reserve Board. Commissioner (2007–2010) of financial regulation for the State of Maryland. Member of the board of directors (2012–2014) of Neighborhood Reinvestment Corporation. Director (2017–present) of i(x) Investments, LLC; director (2017–present) of Reserve Trust. Rubenstein Fellow (2017–present) of Duke University; trustee (2017–present) of Amherst College, and trustee (2019–present) of the Folger Shakespeare Library.
Peter F. Volanakis
Born in 1955. Trustee since July 2009. Principal occupation(s) during the past five years and other experience: president and chief operating officer (retired 2010) of Corning Incorporated (communications equipment) and director of Corning Incorporated (2000–2010) and Dow Corning (2001–2010). Director (2012) of SPX Corporation (multi-industry manufacturing). Overseer of the Amos Tuck School of Business Administration, Dartmouth College (2001–2013). Chairman of the board of trustees of Colby-Sawyer College. Member of the board of Hypertherm Inc. (industrial cutting systems, software, and consumables).
Executive Officers
John Bendl
Born in 1970. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Chief financial officer (2019–present) of each of the investment companies served by Vanguard. Chief accounting officer, treasurer, and controller of Vanguard (2017–present). Partner (2003–2016) at KPMG (audit, tax, and advisory services).
Christine M. Buchanan
Born in 1970. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Treasurer (2017–present) of each of the investment companies served by Vanguard. Partner (2005–2017) at KPMG (audit, tax, and advisory services).
David Cermak
Born in 1960. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Finance director (2019–present) of each of the investment companies served by Vanguard. Managing director and head (2017–present) of Vanguard Investments Singapore. Managing director and head (2017–2019) of Vanguard Investments Hong Kong. Representative director and head (2014–2017) of Vanguard Investments Japan.
John Galloway
Born in 1973. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Investment stewardship officer (September 2020–present) of each of the investment companies served by Vanguard. Head of Investor Advocacy (February 2020–present) and head of Marketing Strategy and Planning (2017–2020) at Vanguard. Deputy assistant to the President of the United States (2015).
Thomas J. Higgins
Born in 1957. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Finance director (2019–present), chief financial officer (2008–2019), and treasurer (1998–2008) of each of the investment companies served by Vanguard.
Peter Mahoney
Born in 1974. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Controller (2015–present) of each of the investment companies served by Vanguard. Head of International Fund Services (2008–2014) at Vanguard.
Anne E. Robinson
Born in 1970. Principal occupation(s) during the past five years and other experience: general counsel (2016–present) of Vanguard. Secretary (2016–present) of Vanguard and of each of the investment companies served by Vanguard. Managing director (2016–present) of Vanguard. Managing director and general counsel of Global Cards and Consumer Services (2014–2016) at Citigroup. Counsel (2003–2014) at American Express.
Michael Rollings
Born in 1963. Principal occupation(s) during the past five years and other experience: finance director (2017–present) and treasurer (2017) of each of the investment companies served by Vanguard. Managing director (2016–present) of Vanguard. Chief financial officer (2016–present) of Vanguard. Director (2016–present) of Vanguard Marketing Corporation. Executive vice president and chief financial officer (2006–2016) of MassMutual Financial Group.
John E. Schadl
Born in 1972. Principal occupation(s) during the past five years and other experience: principal of Vanguard. Chief compliance officer (2019–present) of Vanguard and of each of the investment companies served by Vanguard. Assistant vice president (2019–present) of Vanguard Marketing Corporation.
Vanguard Senior Management Team
Joseph Brennan | James M. Norris | |
Mortimer J. Buckley | Thomas M. Rampulla | |
Gregory Davis | Karin A. Risi | |
John James | Anne E. Robinson | |
John T. Marcante | Michael Rollings | |
Chris D. McIsaac | Lauren Valente |
Connect with Vanguard® > vanguard.com
Fund Information > 800-662-7447
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This material may be used in conjunction with the offering of shares of any Vanguard fund only if preceded or accompanied by the fund’s current prospectus.
All comparative mutual fund data are from Morningstar, Inc., unless otherwise noted.
You can obtain a free copy of Vanguard’s proxy voting guidelines by visiting vanguard.com/proxyreporting or by calling Vanguard at 800-662-2739. The guidelines are also available from the SEC’s website, www.sec.gov. In addition, you may obtain a free report on how your fund voted the proxies for securities it owned during the 12 months ended June 30. To get the report, visit either vanguard.com/proxyreporting or www.sec.gov.
You can review information about your fund on the SEC’s website, and you can receive copies of this information, for a fee, by sending a request via email addressed to publicinfo@sec.gov.
Source for Bloomberg Barclays indexes: Bloomberg Index Services Limited. Copyright 2020, Bloomberg. All rights reserved.
© 2020 The Vanguard Group, Inc. | |
All rights reserved. | |
U.S. Patent Nos. 6,879,964; 7,337,138; | |
7,720,749; 7,925,573; 8,090,646; 8,417,623; and 8,626,636. | |
Vanguard Marketing Corporation, Distributor. | |
Q7380 122020 |
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• | For the 12 months ended October 31, 2020, returns for Vanguard Emerging Markets Stock Index Fund ranged from 7.55% for Investor Shares to 7.78% for Institutional Plus Shares. The fund performed in line with its benchmark index, which returned 7.52%. |
• | The global spread of COVID-19 and efforts to contain it marked the fiscal year. However, responses from policymakers, the start of trials for vaccines and treatments, and the easing of some restrictions eventually lifted investor sentiment. Emerging markets outperformed developed markets outside the U.S. but trailed the U.S. market. |
• | At the sector level, technology and consumer discretionary stocks powered the advance of emerging markets. They returned nearly 60% and more than 40%, respectively. Offsetting much of those gains were financial and energy stocks, which returned about –19% and about –26%, respectively. |
• | Just five of 27 markets advanced. Double-digit declines were widespread, with Brazil (–38%) and South Africa (–15%) detracting most. The fund booked a positive return thanks almost entirely to soaring share prices in China and Taiwan, which accounted for 46% and 16% of the fund, respectively, at the end of the fiscal year. |
Average Annual Total Returns Periods Ended October 31, 2020 | |||
One Year | Three Years | Five Years | |
Stocks | |||
Russell 1000 Index (Large-caps) | 10.87% | 10.63% | 11.79% |
Russell 2000 Index (Small-caps) | -0.14 | 2.19 | 7.27 |
Russell 3000 Index (Broad U.S. market) | 10.15 | 10.04 | 11.48 |
FTSE All-World ex US Index (International) | -2.17 | 0.13 | 4.52 |
Bonds | |||
Bloomberg Barclays U.S. Aggregate Bond Index (Broad taxable market) | 6.19% | 5.06% | 4.08% |
Bloomberg Barclays Municipal Bond Index (Broad tax-exempt market) | 3.59 | 4.09 | 3.70 |
FTSE Three-Month U.S. Treasury Bill Index | 0.86 | 1.62 | 1.15 |
CPI | |||
Consumer Price Index | 1.18% | 1.82% | 1.83% |
• | Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The ”Ending Account Value“ shown is derived from the fund’s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period. |
• | Based on hypothetical 5% yearly return. This section is intended to help you compare your fund‘s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds. |
Six Months Ended October 31, 2020 | |||
Beginning Account Value 4/30/2020 | Ending Account Value 10/31/2020 | Expenses Paid During Period | |
Based on Actual Fund Return | |||
Emerging Markets Stock Index Fund | |||
Investor Shares | $1,000.00 | $1,218.20 | $1.62 |
FTSE Emerging Markets ETF Shares | 1,000.00 | 1,219.60 | 0.56 |
AdmiralTM Shares | 1,000.00 | 1,218.20 | 0.78 |
Institutional Shares | 1,000.00 | 1,219.70 | 0.56 |
Institutional Plus Shares | 1,000.00 | 1,219.70 | 0.45 |
Based on Hypothetical 5% Yearly Return | |||
Emerging Markets Stock Index Fund | |||
Investor Shares | $1,000.00 | $1,023.68 | $1.48 |
FTSE Emerging Markets ETF Shares | 1,000.00 | 1,024.63 | 0.51 |
Admiral Shares | 1,000.00 | 1,024.43 | 0.71 |
Institutional Shares | 1,000.00 | 1,024.63 | 0.51 |
Institutional Plus Shares | 1,000.00 | 1,024.73 | 0.41 |
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Average Annual Total Returns Periods Ended October 31, 2020 | |||||
One Year | Five Years | Ten Years | Final Value of a $10,000 Investment | ||
![]() | Emerging Markets Stock Index Fund Investor Shares | 7.55% | 7.26% | 1.99% | $12,179 |
![]() | Spliced Emerging Markets Index | 7.52 | 7.35 | 2.23 | 12,463 |
![]() | FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.75 | 14,452 |
One Year | Five Years | Ten Years | Final Value of a $10,000 Investment | ||
FTSE Emerging Markets ETF Shares Net Asset Value | 7.77% | 7.47% | 2.17% | $12,399 | |
FTSE Emerging Markets ETF Shares Market Price | 7.68 | 7.46 | 2.10 | 12,309 | |
Spliced Emerging Markets Index | 7.52 | 7.35 | 2.23 | 12,463 | |
FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.75 | 14,452 |
Average Annual Total Returns Periods Ended October 31, 2020 | |||||
One Year | Five Years | Ten Years | Final Value of a $10,000 Investment | ||
Emerging Markets Stock Index Fund Admiral Shares | 7.72% | 7.43% | 2.16% | $12,378 | |
Spliced Emerging Markets Index | 7.52 | 7.35 | 2.23 | 12,463 | |
FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.75 | 14,452 |
One Year | Five Years | Ten Years | Final Value of a $5,000,000 Investment | ||
Emerging Markets Stock Index Fund Institutional Shares | 7.76% | 7.47% | 2.20% | $6,215,197 | |
Spliced Emerging Markets Index | 7.52 | 7.35 | 2.23 | 6,231,369 | |
FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.75 | 7,226,072 |
One Year | Five Years | Since Inception (12/15/2010) | Final Value of a $100,000,000 Investment | ||
Emerging Markets Stock Index Fund Institutional Plus Shares | 7.78% | 7.50% | 2.14% | $123,251,140 | |
Spliced Emerging Markets Index | 7.52 | 7.35 | 2.11 | 122,870,970 | |
FTSE Global All Cap ex US Index | -2.10 | 4.47 | 3.58 | 141,549,880 |
Cumulative Returns of ETF Shares: October 31, 2010, Through October 31, 2020 | |||
One Year | Five Years | Ten Years | |
FTSE Emerging Markets ETF Shares Market Price | 7.68% | 43.30% | 23.09% |
FTSE Emerging Markets ETF Shares Net Asset Value | 7.77 | 43.37 | 23.99 |
Spliced Emerging Markets Index | 7.52 | 42.58 | 24.63 |
Basic Materials | 5.8% |
Consumer Discretionary | 19.0 |
Consumer Staples | 5.5 |
Energy | 5.6 |
Financials | 17.9 |
Health Care | 4.5 |
Industrials | 6.3 |
Other | 0.1 |
Real Estate | 3.5 |
Technology | 24.8 |
Telecommunications | 4.4 |
Utilities | 2.6 |
Shares | Market Value• ($000) | Percentage of Net Assets | ||||
Common Stocks | ||||||
†Australia | 5,069 | 0.0% | ||||
Brazil | ||||||
Vale SA | 35,564,436 | 375,295 | 0.4% | |||
B3 SA - Brasil Bolsa Balcao | 26,696,276 | 237,514 | 0.3% | |||
Petroleo Brasileiro SA | 61,568,675 | 203,872 | 0.2% | |||
Itau Unibanco Holding SA Preference Shares | 41,681,535 | 170,563 | 0.2% | |||
Banco Bradesco SA Preference Shares | 41,820,540 | 146,934 | 0.2% | |||
Petroleo Brasileiro SA Preference Shares | 34,203,551 | 112,900 | 0.1% | |||
Itau Unibanco Holding SA ADR | 21,188,745 | 86,662 | 0.1% | |||
Vale SA Class B ADR | 7,267,850 | 76,821 | 0.1% | |||
Banco Bradesco SA | 16,358,727 | 51,802 | 0.1% | |||
Banco Bradesco SA ADR1 | 12,850,420 | 44,976 | 0.1% | |||
Petroleo Brasileiro SA ADR | 5,639,547 | 37,277 | 0.1% | |||
Itau Unibanco Holding SA | 3,800,912 | 14,560 | 0.0% | |||
CPFL Energia SA | 2,571,447 | 12,490 | 0.0% | |||
† | Other*,1,2,3 | 2,680,370 | 3.0% | |||
4,252,036 | 4.9% | |||||
†Chile* | 515,459 | 0.6% | ||||
China | ||||||
Alibaba Group Holding Ltd. ADR* | 23,113,555 | 7,042,469 | 8.1% | |||
Tencent Holdings Ltd. | 75,281,282 | 5,751,915 | 6.6% | |||
Meituan Class B * | 47,138,369 | 1,757,280 | 2.0% | |||
JD.com Inc. ADR* | 11,275,122 | 919,148 | 1.1% | |||
China Construction Bank Corp. Class H | 1,201,722,103 | 828,123 | 1.0% | |||
Ping An Insurance Group Co. of China Ltd. Class H | 70,421,313 | 728,133 | 0.9% | |||
Industrial & Commercial Bank of China Ltd. Class H | 1,050,775,614 | 596,698 | 0.7% | |||
Baidu Inc. ADR* | 3,564,387 | 474,242 | 0.6% |
Shares | Market Value• ($000) | Percentage of Net Assets | ||||
Xiaomi Corp. Class B *,2 | 160,877,720 | 457,542 | 0.5% | |||
NetEase Inc. ADR | 4,939,776 | 428,723 | 0.5% | |||
China Mobile Ltd. | 69,313,049 | 423,956 | 0.5% | |||
NIO Inc. ADR* | 12,601,077 | 385,341 | 0.5% | |||
Wuxi Biologics Cayman Inc. *,2 | 12,574,522 | 353,139 | 0.4% | |||
TAL Education Group ADR* | 5,117,138 | 340,085 | 0.4% | |||
Pinduoduo Inc. ADR* | 3,627,355 | 326,389 | 0.4% | |||
Bank of China Ltd. Class H | 1,025,343,735 | 323,866 | 0.4% | |||
China Merchants Bank Co. Ltd. Class H | 57,737,295 | 300,750 | 0.4% | |||
New Oriental Education & Technology Group Inc. ADR* | 1,790,516 | 287,163 | 0.4% | |||
China Life Insurance Co. Ltd. Class H | 99,996,734 | 218,185 | 0.3% | |||
BYD Co. Ltd. Class H | 10,576,656 | 213,805 | 0.3% | |||
Kweichow Moutai Co. Ltd. Class A (XSSC) | 777,167 | 194,173 | 0.2% | |||
CNOOC Ltd. | 207,028,883 | 189,422 | 0.2% | |||
Agricultural Bank of China Ltd. Class H | 454,342,343 | 154,575 | 0.2% | |||
Alibaba Health Information Technology Ltd. * | 55,975,112 | 146,791 | 0.2% | |||
China Resources Land Ltd. | 34,925,325 | 142,833 | 0.2% | |||
China Petroleum & Chemical Corp. Class H | 341,794,822 | 133,461 | 0.2% | |||
China Resources Beer Holdings Co. Ltd. | 20,351,124 | 126,270 | 0.2% | |||
Ping An Insurance Group Co. of China Ltd. Class A | 10,672,707 | 124,205 | 0.2% | |||
China Overseas Land & Investment Ltd. | 49,118,341 | 123,375 | 0.2% | |||
Kweichow Moutai Co. Ltd. Class A (XSHG) | 366,461 | 91,559 | 0.1% | |||
China Shenhua Energy Co. Ltd. Class H | 46,891,360 | 81,246 | 0.1% | |||
Autohome Inc. ADR | 773,609 | 73,918 | 0.1% | |||
PetroChina Co. Ltd. Class H | 262,069,227 | 73,599 | 0.1% | |||
Postal Savings Bank of China Co. Ltd. Class H 2 | 125,965,010 | 61,819 | 0.1% | |||
China Telecom Corp. Ltd. Class H | 187,115,743 | 58,737 | 0.1% | |||
PICC Property & Casualty Co. Ltd. Class H | 85,156,207 | 57,797 | 0.1% | |||
China Resources Gas Group Ltd. | 12,074,405 | 52,466 | 0.1% | |||
China Merchants Bank Co. Ltd. Class A (XSSC) | 8,492,749 | 50,539 | 0.1% | |||
China CITIC Bank Corp. Ltd. Class H | 110,219,476 | 44,860 | 0.1% | |||
CITIC Ltd. | 61,203,026 | 43,756 | 0.1% | |||
China Tourism Group Duty Free Corp. Ltd. Class A (XSHG) | 1,316,282 | 39,240 | 0.1% | |||
Sinopharm Group Co. Ltd. Class H | 17,056,425 | 39,186 | 0.1% | |||
China Resources Cement Holdings Ltd. | 29,469,076 | 38,588 | 0.1% | |||
Industrial & Commercial Bank of China Ltd. Class A (XSSC) | 51,061,779 | 37,525 | 0.1% | |||
China Communications Construction Co. Ltd. Class H | 67,214,670 | 35,195 | 0.1% | |||
CGN Power Co. Ltd. Class H 2 | 155,402,514 | 33,330 | 0.1% | |||
Agricultural Bank of China Ltd. Class A (XSSC) | 67,860,295 | 31,929 | 0.1% | |||
People's Insurance Co. Group of China Ltd. Class H | 106,873,422 | 31,801 | 0.1% | |||
China Longyuan Power Group Corp. Ltd. Class H | 45,298,493 | 31,048 | 0.1% | |||
Ping An Bank Co. Ltd. Class A (XSHE) | 11,357,604 | 30,140 | 0.1% | |||
China Taiping Insurance Holdings Co. Ltd. | 19,576,600 | 29,564 | 0.1% | |||
China Galaxy Securities Co. Ltd. Class H | 52,456,875 | 28,790 | 0.1% | |||
Dongfeng Motor Group Co. Ltd. Class H | 39,232,430 | 27,636 | 0.1% | |||
JD.com Inc. Class A * | 664,136 | 27,089 | 0.1% | |||
China Resources Power Holdings Co. Ltd. | 25,187,149 | 26,215 | 0.1% | |||
Kunlun Energy Co. Ltd. | 40,109,541 | 25,967 | 0.1% | |||
China Yangtze Power Co. Ltd. Class A (XSHG) | 8,999,991 | 25,532 | 0.1% | |||
China Life Insurance Co. Ltd. Class A | 3,668,840 | 25,314 | 0.1% | |||
CRRC Corp. Ltd. Class H | 63,132,812 | 24,488 | 0.1% | |||
China Construction Bank Corp. Class A (XSSC) | 25,753,909 | 24,202 | 0.1% | |||
China Literature Ltd. *,1,2 | 2,914,364 | 23,943 | 0.1% | |||
Alibaba Pictures Group Ltd. * | 176,009,250 | 22,987 | 0.1% | |||
China State Construction Engineering Corp. Ltd. Class A (XSSC) | 29,655,370 | 22,670 | 0.1% |
Shares | Market Value• ($000) | Percentage of Net Assets | ||||
Shanghai Baosight Software Co. Ltd. Class B | 5,735,372 | 22,398 | 0.1% | |||
Agricultural Bank of China Ltd. Class A (XSHG) | 47,553,500 | 22,375 | 0.1% | |||
BYD Co. Ltd. Class A (XSEC) | 929,638 | 22,181 | 0.1% | |||
China Cinda Asset Management Co. Ltd. Class H | 118,133,276 | 22,161 | 0.1% | |||
Zhuzhou CRRC Times Electric Co. Ltd. Class H | 6,827,479 | 21,025 | 0.0% | |||
China Railway Construction Corp. Ltd. Class H | 30,827,689 | 20,883 | 0.0% | |||
Bank of China Ltd. Class A (XSSC) | 40,661,200 | 19,315 | 0.0% | |||
China Merchants Port Holdings Co. Ltd. | 17,626,671 | 18,737 | 0.0% | |||
Ping An Bank Co. Ltd. Class A (XSEC) | 6,479,400 | 17,195 | 0.0% | |||
China State Construction International Holdings Ltd. | 24,537,728 | 17,022 | 0.0% | |||
AviChina Industry & Technology Co. Ltd. Class H | 32,812,476 | 16,927 | 0.0% | |||
Air China Ltd. Class H | 25,822,808 | 16,705 | 0.0% | |||
China Oilfield Services Ltd. Class H | 26,348,348 | 15,911 | 0.0% | |||
China Huarong Asset Management Co. Ltd. Class H 2 | 147,050,113 | 15,407 | 0.0% | |||
Beijing Capital International Airport Co. Ltd. Class H | 24,182,447 | 14,776 | 0.0% | |||
China Tourism Group Duty Free Corp. Ltd. Class A (XSSC) | 487,540 | 14,534 | 0.0% | |||
China Southern Airlines Co. Ltd. Class H *,1 | 27,475,638 | 14,391 | 0.0% | |||
OneConnect Financial Technology Co. Ltd. ADR*,1 | 657,471 | 13,241 | 0.0% | |||
China Overseas Property Holdings Ltd. | 17,836,311 | 12,954 | 0.0% | |||
China CITIC Bank Corp. Ltd. Class A (XSSC) | 16,650,032 | 12,562 | 0.0% | |||
China Merchants Bank Co. Ltd. Class A (XSHG) | 2,082,000 | 12,390 | 0.0% | |||
China Power International Development Ltd. | 61,379,063 | ��� 11,819 | 0.0% | |||
China Yangtze Power Co. Ltd. Class A (XSSC) | 4,162,028 | 11,807 | 0.0% | |||
China Resources Pharmaceutical Group Ltd. 2 | 22,315,126 | 11,156 | 0.0% | |||
Shenwan Hongyuan Group Co. Ltd. Class A (XSHE) | 14,548,981 | 10,973 | 0.0% | |||
China Petroleum & Chemical Corp. Class A | 18,412,819 | 10,734 | 0.0% | |||
China Merchants Shekou Industrial Zone Holdings Co. Ltd. Class A (XSHE) | 5,050,130 | 10,630 | 0.0% | |||
CRRC Corp. Ltd. Class A (XSSC) | 13,168,235 | 10,613 | 0.0% | |||
Shenwan Hongyuan Group Co. Ltd. Class A (XSEC) | 13,625,974 | 10,277 | 0.0% | |||
Citic Pacific Special Steel Group Co. Ltd. Class A (XSHE) | 3,871,454 | 9,346 | 0.0% | |||
Daqin Railway Co. Ltd. Class A (XSSC) | 9,556,460 | 9,153 | 0.0% | |||
Sinopec Shanghai Petrochemical Co. Ltd. Class H | 47,360,131 | 8,753 | 0.0% | |||
China Coal Energy Co. Ltd. Class H | 35,323,653 | 8,629 | 0.0% | |||
Sinotrans Ltd. Class H | 29,094,836 | 8,616 | 0.0% | |||
China Reinsurance Group Corp. Class H | 88,755,940 | 8,495 | 0.0% | |||
Alibaba Group Holding Ltd. * | 206,200 | 7,814 | 0.0% | |||
China Railway Construction Corp. Ltd. Class A (XSSC) | 6,174,277 | 7,696 | 0.0% | |||
Baoshan Iron & Steel Co. Ltd. Class A (XSHG) | 9,505,794 | 7,591 | 0.0% | |||
Sinopec Engineering Group Co. Ltd. Class H | 19,398,064 | 7,540 | 0.0% | |||
China Shenhua Energy Co. Ltd. Class A (XSSC) | 2,942,948 | 7,327 | 0.0% | |||
China State Construction Engineering Corp. Ltd. Class A (XSHG) | 8,653,960 | 6,616 | 0.0% | |||
BYD Co. Ltd. Class A (XSHE) | 273,948 | 6,536 | 0.0% | |||
China Railway Signal & Communication Corp. Ltd. Class H 1,2 | 19,535,798 | 6,443 | 0.0% | |||
PetroChina Co. Ltd. Class A | 10,277,690 | 6,253 | 0.0% | |||
Baoshan Iron & Steel Co. Ltd. Class A (XSSC) | 7,651,784 | 6,111 | 0.0% | |||
Angang Steel Co. Ltd. Class H 1 | 20,578,652 | 6,042 | 0.0% | |||
China National Nuclear Power Co. Ltd. Class A (XSHG) | 8,479,747 | 5,620 | 0.0% | |||
BOC International China Co. Ltd. Class A | 1,424,427 | 4,903 | 0.0% | |||
Sinopec Kantons Holdings Ltd. | 13,230,976 | 4,783 | 0.0% | |||
Maanshan Iron & Steel Co. Ltd. Class A (XSSC) | 12,264,392 | 4,731 | 0.0% | |||
China National Accord Medicines Corp. Ltd. Class B | 1,569,287 | 4,470 | 0.0% | |||
China Merchants Energy Shipping Co. Ltd. Class A (XSHG) | 5,071,669 | 4,386 | 0.0% | |||
Power Construction Corp. of China Ltd. Class A (XSSC) | 7,234,508 | 4,158 | 0.0% | |||
CSSC Offshore & Marine Engineering Group Co. Ltd. Class H 1 | 4,226,581 | 4,142 | 0.0% |
Shares | Market Value• ($000) | Percentage of Net Assets | ||||
NetEase Inc. | 236,236 | 4,132 | 0.0% | |||
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd. Class A | 974,679 | 3,947 | 0.0% | |||
China Great Wall Securities Co. Ltd. Class A (XSHE) | 2,125,000 | 3,941 | 0.0% | |||
China Spacesat Co. Ltd. Class A (XSSC) | 817,797 | 3,838 | 0.0% | |||
Dongxing Securities Co. Ltd. Class A (XSHG) | 1,987,701 | 3,632 | 0.0% | |||
China BlueChemical Ltd. Class H | 24,804,568 | 3,528 | 0.0% | |||
Daqin Railway Co. Ltd. Class A (XSHG) | 3,643,120 | 3,489 | 0.0% | |||
Heilongjiang Agriculture Co. Ltd. Class A (XSHG) | 1,312,371 | 3,417 | 0.0% | |||
Zhongjin Gold Corp. Ltd. Class A (XSSC) | 2,430,333 | 3,395 | 0.0% | |||
China CSSC Holdings Ltd. Class A (XSHG) | 1,204,700 | 3,211 | 0.0% | |||
China Merchants Shekou Industrial Zone Holdings Co. Ltd. Class A (XSEC) | 1,517,160 | 3,194 | 0.0% | |||
China National Medicines Corp. Ltd. Class A (XSSC) | 488,252 | 3,131 | 0.0% | |||
CRRC Corp. Ltd. Class A (XSHG) | 3,879,500 | 3,127 | 0.0% | |||
Air China Ltd. Class A (XSHG) | 3,077,214 | 3,125 | 0.0% | |||
China Foods Ltd. | 8,761,153 | 3,000 | 0.0% | |||
AVICOPTER plc Class A (XSSC) | 395,502 | 2,962 | 0.0% | |||
China Merchants Property Operation & Service Co. Ltd. Class A (XSHE) | 744,416 | 2,835 | 0.0% | |||
China National Nuclear Power Co. Ltd. Class A (XSSC) | 4,236,800 | 2,808 | 0.0% | |||
China Satellite Communications Co. Ltd. Class A (XSHG) | 1,064,700 | 2,764 | 0.0% | |||
China First Heavy Industries Class A * | 6,516,775 | 2,709 | 0.0% | |||
China Zhenhua Group Science & Technology Co. Ltd. Class A (XSHE) | 432,542 | 2,706 | 0.0% | |||
Harbin Electric Co. Ltd. Class H | 9,081,875 | 2,583 | 0.0% | |||
Haohua Chemical Science & Technology Co. Ltd. Class A | 757,270 | 2,528 | 0.0% | |||
Shennan Circuits Co. Ltd. Class A | 155,817 | 2,519 | 0.0% | |||
Sinopec Oilfield Service Corp. Class A * | 9,301,900 | 2,449 | 0.0% | |||
Sinopec Shanghai Petrochemical Co. Ltd. Class A | 4,902,940 | 2,424 | 0.0% | |||
China Machinery Engineering Corp. Class H | 11,958,261 | 2,303 | 0.0% | |||
Unisplendour Corp. Ltd. Class A (XSHE) | 693,297 | 2,282 | 0.0% | |||
China Merchants Land Ltd. | 15,681,888 | 2,275 | 0.0% | |||
China XD Electric Co. Ltd. Class A (XSSC) | 3,385,707 | 2,240 | 0.0% | |||
FAW Jiefang Group Co. Ltd. Class A | 1,206,800 | 2,237 | 0.0% | |||
Grandjoy Holdings Group Co. Ltd. Class A (XSHE) | 3,113,300 | 2,124 | 0.0% | |||
Sinofert Holdings Ltd. | 23,790,032 | 2,122 | 0.0% | |||
CNOOC Energy Technology & Services Ltd. Class A | 6,008,200 | 2,076 | 0.0% | |||
COFCO Capital Holdings Co. Ltd. Class A (XSHE) | 1,446,657 | 2,074 | 0.0% | |||
China Nuclear Engineering & Construction Corp. Ltd. Class A | 1,920,882 | 2,071 | 0.0% | |||
China National Chemical Engineering Co. Ltd. Class A | 2,490,177 | 1,972 | 0.0% | |||
China Merchants Expressway Network & Technology Holdings Co. Ltd. Class A | 1,918,830 | 1,965 | 0.0% | |||
Citic Pacific Special Steel Group Co. Ltd. Class A (XSEC) | 792,645 | 1,913 | 0.0% | |||
Unisplendour Corp. Ltd. Class A (XSEC) | 580,826 | 1,912 | 0.0% | |||
Bluestar Adisseo Co. Class A | 1,009,941 | 1,888 | 0.0% | |||
China Southern Airlines Co. Ltd. Class A | 2,288,500 | 1,886 | 0.0% | |||
COFCO Tunhe Sugar Co. Ltd. Class A | 1,487,749 | 1,837 | 0.0% | |||
Offshore Oil Engineering Co. Ltd. Class A (XSSC) | 2,767,270 | 1,752 | 0.0% | |||
China Galaxy Securities Co. Ltd. Class A | 995,320 | 1,751 | 0.0% | |||
Huolinhe Opencut Coal Industry Corp. Ltd. of Inner Mongolia Class A | 1,168,509 | 1,692 | 0.0% | |||
Shanghai Electric Power Co. Ltd. Class A (XSSC) | 1,459,223 | 1,559 | 0.0% | |||
Minmetals Capital Co. Ltd. Class A | 1,506,360 | 1,557 | 0.0% | |||
Yingkou Port Liability Co. Ltd. Class A | 4,046,000 | 1,524 | 0.0% | |||
China Oilfield Services Ltd. Class A | 927,634 | 1,510 | 0.0% |
Shares | Market Value• ($000) | Percentage of Net Assets | ||||
Sinochem International Corp. Class A (XSSC) | 1,871,806 | 1,464 | 0.0% | |||
CSSC Offshore & Marine Engineering Group Co. Ltd. Class A (XSSC) | 362,901 | 1,409 | 0.0% | |||
Power Construction Corp. of China Ltd. Class A (XSHG) | 2,430,302 | 1,397 | 0.0% | |||
Guangxi Guiguan Electric Power Co. Ltd. Class A (XSSC) | 2,050,466 | 1,360 | 0.0% | |||
Cinda Real Estate Co. Ltd. Class A (XSSC) | 2,163,113 | 1,347 | 0.0% | |||
CITIC Press Corp. Class A | 192,900 | 1,342 | 0.0% | |||
Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd. Class A (XSSC) | 3,487,528 | 1,341 | 0.0% | |||
CGN Power Co. Ltd. Class A | 3,113,500 | 1,271 | 0.0% | |||
Industrial & Commercial Bank of China Ltd. Class A (XSHG) | 1,640,100 | 1,205 | 0.0% | |||
Baoding Tianwei Baobian Electric Co. Ltd. Class A * | 1,751,501 | 1,201 | 0.0% | |||
China National Medicines Corp. Ltd. Class A (XSHG) | 185,586 | 1,190 | 0.0% | |||
Tian Di Science & Technology Co. Ltd. Class A (XSSC) | 2,566,939 | 1,164 | 0.0% | |||
Besttone Holdings Co. Ltd. Class A | 559,900 | 1,154 | 0.0% | |||
Dongxing Securities Co. Ltd. Class A (XSSC) | 615,613 | 1,125 | 0.0% | |||
ADAMA Ltd. Class A | 915,100 | 1,103 | 0.0% | |||
CITIC Heavy Industries Co. Ltd. Class A (XSHG) | 2,056,652 | 1,102 | 0.0% | |||
Zhonghang Electronic Measuring Instruments Co. Ltd. Class A | 448,200 | 1,097 | 0.0% | |||
FAW Jiefang Group Co. Ltd. | 589,943 | 1,093 | 0.0% | |||
Sinopec Oilfield Service Corp. Class H * | 17,594,608 | 1,092 | 0.0% | |||
Zhongjin Gold Corp. Ltd. Class A (XSHG) | 781,160 | 1,091 | 0.0% | |||
Grinm Advanced Materials Co. Ltd. Class A (XSSC) | 528,800 | 1,088 | 0.0% | |||
Glarun Technology Co. Ltd. Class A (XSSC) | 392,641 | 1,078 | 0.0% | |||
China Spacesat Co. Ltd. Class A (XSHG) | 226,387 | 1,063 | 0.0% | |||
China Shenhua Energy Co. Ltd. Class A (XSHG) | 427,130 | 1,063 | 0.0% | |||
China Merchants Port Group Co. Ltd. Class A | 466,300 | 1,047 | 0.0% | |||
China XD Electric Co. Ltd. Class A (XSHG) | 1,531,400 | 1,013 | 0.0% | |||
Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd. Class A (XSHG) | 2,555,201 | 983 | 0.0% | |||
COSCO SHIPPING Specialized Carriers Co. Ltd. Class A (XSHG) | 1,991,001 | 958 | 0.0% | |||
China Aluminum International Engineering Corp. Ltd. Class A | 1,830,300 | 956 | 0.0% | |||
Shanghai Baosteel Packaging Co. Ltd. Class A | 894,100 | 936 | 0.0% | |||
Shanghai Electric Power Co. Ltd. Class A (XSHG) | 836,400 | 894 | 0.0% | |||
CNSIG Inner Mongolia Chemical Industry Co. Ltd. | 952,045 | 892 | 0.0% | |||
China West Construction Group Co. Ltd. Class A | 649,000 | 886 | 0.0% | |||
Minmetals Development Co. Ltd. Class A (XSHG) * | 922,286 | 869 | 0.0% | |||
China CSSC Holdings Ltd. Class A (XSSC) | 325,900 | 869 | 0.0% | |||
China Communications Construction Co. Ltd. Class A | 784,800 | 868 | 0.0% | |||
AVICOPTER plc Class A (XSHG) | 115,800 | 867 | 0.0% | |||
Sinotrans Ltd. Class A (XSSC) | 1,367,100 | 835 | 0.0% | |||
China Coal Energy Co. Ltd. Class A (XSSC) | 1,384,294 | 814 | 0.0% | |||
China Merchants Energy Shipping Co. Ltd. Class A (XSSC) | 936,400 | 810 | 0.0% | |||
North Electro-Optic Co. Ltd. Class A | 494,561 | 804 | 0.0% | |||
China Railway Construction Corp. Ltd. Class A (XSHG) | 631,100 | 787 | 0.0% | |||
SGIS Songshan Co. Ltd. Class A (XSEC) | 1,225,100 | 770 | 0.0% | |||
Guangxi Guiguan Electric Power Co. Ltd. Class A (XSHG) | 1,128,790 | 749 | 0.0% | |||
Bank of China Ltd. Class A (XSHG) | 1,564,597 | 743 | 0.0% | |||
Offshore Oil Engineering Co. Ltd. Class A (XSHG) | 1,162,500 | 736 | 0.0% | |||
Guodian Nanjing Automation Co. Ltd. Class A | 687,800 | 695 | 0.0% | |||
Xinjiang Ba Yi Iron & Steel Co. Ltd. Class A * | 1,433,500 | 684 | 0.0% | |||
Angang Steel Co. Ltd. Class A | 1,691,112 | 667 | 0.0% | |||
KraussMaffei Co. Ltd. Class A * | 864,834 | 661 | 0.0% | |||
China Merchants Property Operation & Service Co. Ltd. Class A (XSEC) | 173,700 | 661 | 0.0% | |||
China Satellite Communications Co. Ltd. Class A (XSSC) | 242,300 | 629 | 0.0% |
Shares | Market Value• ($000) | Percentage of Net Assets | ||||
Heilongjiang Agriculture Co. Ltd. Class A (XSSC) | 239,700 | 624 | 0.0% | |||
China CITIC Bank Corp. Ltd. Class A (XSHG) | 824,050 | 622 | 0.0% | |||
Sinotrans Ltd. Class A (XSHG) | 986,395 | 602 | 0.0% | |||
Glarun Technology Co. Ltd. Class A (XSHG) | 217,058 | 596 | 0.0% | |||
China Construction Bank Corp. Class A (XSHG) | 604,100 | 568 | 0.0% | |||
Cinda Real Estate Co. Ltd. Class A (XSHG) | 837,122 | 521 | 0.0% | |||
Air China Ltd. Class A (XSSC) | 503,438 | 511 | 0.0% | |||
Sinopec Oilfield Equipment Corp. Class A * | 753,742 | 511 | 0.0% | |||
Beijing HualuBaina Film & TV Co. Ltd. Class A (XSHE) | 613,119 | 511 | 0.0% | |||
SGIS Songshan Co. Ltd. Class A (XSHE) | 794,400 | 500 | 0.0% | |||
Grinm Advanced Materials Co. Ltd. Class A (XSHG) | 241,500 | 497 | 0.0% | |||
China Television Media Ltd. Class A (XSHG) | 289,800 | 461 | 0.0% | |||
Shanghai Baosight Software Co. Ltd. Class A (XSSC) | 47,300 | 449 | 0.0% | |||
CITIC Heavy Industries Co. Ltd. Class A (XSSC) | 831,227 | 445 | 0.0% | |||
Maanshan Iron & Steel Co. Ltd. Class A (XSHG) | 1,120,600 | 432 | 0.0% | |||
China Zhenhua Group Science & Technology Co. Ltd. Class A (XSEC) | 68,600 | 429 | 0.0% | |||
Sinochem International Corp. Class A (XSHG) | 539,110 | 422 | 0.0% | |||
CSSC Offshore & Marine Engineering Group Co. Ltd. Class A (XSHG) | 107,500 | 417 | 0.0% | |||
Huadian Heavy Industries Co. Ltd. Class A (XSSC) | 604,909 | 343 | 0.0% | |||
China Tungsten & Hightech Materials Co. Ltd. Class A * | 363,860 | 341 | 0.0% | |||
Lucky Film Co. Class A (XSHG) | 309,500 | 332 | 0.0% | |||
Shanghai Baosight Software Co. Ltd. Class A (XSHG) | 34,900 | 331 | 0.0% | |||
China National Accord Medicines Corp. Ltd. Class A | 38,167 | 284 | 0.0% | |||
China Television Media Ltd. Class A (XSSC) | 155,437 | 247 | 0.0% | |||
Grandjoy Holdings Group Co. Ltd. Class A (XSEC) | 359,500 | 245 | 0.0% | |||
COFCO Capital Holdings Co. Ltd. Class A (XSEC) | 165,800 | 238 | 0.0% | |||
Lucky Film Co. Class A (XSSC) | 219,191 | 235 | 0.0% | |||
Huadian Heavy Industries Co. Ltd. Class A (XSHG) | 414,676 | 235 | 0.0% | |||
China Great Wall Securities Co. Ltd. Class A (XSEC) | 115,600 | 214 | 0.0% | |||
China Coal Energy Co. Ltd. Class A (XSHG) | 361,900 | 213 | 0.0% | |||
Tian Di Science & Technology Co. Ltd. Class A (XSHG) | 456,100 | 207 | 0.0% | |||
Norinco International Cooperation Ltd. Class A | 168,845 | 183 | 0.0% | |||
Beijing HualuBaina Film & TV Co. Ltd. Class A (XSEC) | 124,000 | 103 | 0.0% | |||
Minmetals Development Co. Ltd. Class A (XSSC) * | 104,800 | 99 | 0.0% | |||
COSCO SHIPPING Specialized Carriers Co. Ltd. Class A (XSSC) | 67,400 | 32 | 0.0% | |||
† | Other*,1,2,3 | 13,905,612 | 13.7% | |||
39,580,436 | 45.3% | |||||
†Colombia*,1 | 222,467 | 0.3% | ||||
†Czech Republic*,2 | 85,345 | 0.1% | ||||
†Egypt* | 125,127 | 0.1% | ||||
†Greece*,3 | 194,736 | 0.2% | ||||
†Hong Kong*,1,3 | 88,284 | 0.1% | ||||
†Hungary*,1 | 172,656 | 0.2% | ||||
India | ||||||
Reliance Industries Ltd. | 40,953,865 | 1,135,437 | 1.3% | |||
Infosys Ltd. | 47,361,544 | 678,556 | 0.8% |
Shares | Market Value• ($000) | Percentage of Net Assets | ||||
Housing Development Finance Corp. Ltd. | 22,857,025 | 592,985 | 0.7% | |||
Tata Consultancy Services Ltd. | 12,214,584 | 440,219 | 0.5% | |||
Hindustan Unilever Ltd. | 11,685,368 | 326,727 | 0.4% | |||
Axis Bank Ltd. * | 29,870,019 | 197,997 | 0.2% | |||
Alok Industries Ltd. * | 7,486,788 | 2,211 | 0.0% | |||
TV18 Broadcast Ltd. * | 5,500,453 | 2,132 | 0.0% | |||
† | Other*,2,3 | 5,458,208 | 6.2% | |||
8,834,472 | 10.1% | |||||
Indonesia | ||||||
Bank Central Asia Tbk. PT | 125,051,650 | 246,059 | 0.3% | |||
† | Other*,3 | 1,023,405 | 1.1% | |||
1,269,464 | 1.4% | |||||
Kuwait | ||||||
National Bank of Kuwait SAKP | 82,700,766 | 228,509 | 0.3% | |||
† | Other* | 359,387 | 0.4% | |||
587,896 | 0.7% | |||||
†Malaysia*,2 | 1,910,804 | 2.2% | ||||
Mexico | ||||||
America Movil SAB de CV | 392,304,635 | 238,769 | 0.3% | |||
† | Other*,2,3 | 1,421,573 | 1.6% | |||
1,660,342 | 1.9% | |||||
†Pakistan* | 85,350 | 0.1% | ||||
†Philippines*,2 | 832,750 | 0.9% | ||||
†Poland*,3 | 232 | 0.0% | ||||
Qatar | ||||||
Qatar National Bank QPSC | 57,817,651 | 280,713 | 0.3% | |||
† | Other* | 488,481 | 0.6% | |||
769,194 | 0.9% | |||||
†Romania | 23,394 | 0.0% | ||||
Russia | ||||||
Sberbank of Russia PJSC | 134,526,192 | 340,951 | 0.4% | |||
Gazprom PJSC | 137,091,939 | 267,107 | 0.3% | |||
LUKOIL PJSC | 5,020,567 | 256,657 | 0.3% | |||
† | Other*,3 | 1,128,712 | 1.3% | |||
1,993,427 | 2.3% | |||||
Saudi Arabia | ||||||
Saudi Arabian Oil Co. 2 | 33,131,374 | 297,242 | 0.4% | |||
Saudi Basic Industries Corp. | 11,746,833 | 281,746 | 0.3% | |||
Al Rajhi Bank | 15,861,277 | 278,325 | 0.3% | |||
Saudi Telecom Co. | 7,728,273 | 205,309 | 0.3% | |||
National Commercial Bank | 17,526,718 | 181,974 | 0.2% | |||
Saudi Electricity Co. | 10,616,978 | 53,561 | 0.1% | |||
Yanbu National Petrochemical Co. | 3,147,202 | 48,184 | 0.1% | |||
Rabigh Refining & Petrochemical Co. * | 3,089,399 | 10,039 | 0.0% |
Shares | Market Value• ($000) | Percentage of Net Assets | ||||
Saudi Real Estate Co. * | 1,168,835 | 4,544 | 0.0% | |||
† | Other* | 1,268,514 | 1.3% | |||
2,629,438 | 3.0% | |||||
South Africa | ||||||
Naspers Ltd. * | 5,515,749 | 1,076,826 | 1.2% | |||
† | Other*,1,2 | 2,233,782 | 2.6% | |||
�� | 3,310,608 | 3.8% | ||||
Taiwan | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd. | 213,829,785 | 3,235,175 | 3.7% | |||
Taiwan Semiconductor Manufacturing Co. Ltd. ADR | 20,327,221 | 1,704,844 | 2.0% | |||
MediaTek Inc. | 19,466,630 | 462,727 | 0.5% | |||
Hon Hai Precision Industry Co. Ltd. | 155,662,761 | 422,178 | 0.5% | |||
Chunghwa Telecom Co. Ltd. | 29,373,663 | 110,201 | 0.1% | |||
Chunghwa Telecom Co. Ltd. ADR | 2,080,874 | 78,615 | 0.1% | |||
† | Other*,3 | 7,705,411 | 8.8% | |||
13,719,151 | 15.7% | |||||
†Thailand*,1,3 | 2,085,131 | 2.4% | ||||
†Turkey*,2,3 | 408,363 | 0.5% | ||||
†United Arab Emirates*,3 | 611,499 | 0.7% | ||||
Total Common Stocks (Cost $70,263,524) | 85,973,130 | 98.4% | ||||
Coupon | ||||||
Temporary Cash Investments | ||||||
Money Market Fund | ||||||
Vanguard Market Liquidity Fund4,5 | 0.112% | 16,165,618 | 1,616,562 | 1.9% | ||
†U.S. Government and Agency Obligations6 | 120,517 | 0.1% | ||||
Total Temporary Cash Investments (Cost $1,736,781) | 1,737,079 | 2.0% | ||||
Total Investments (Cost $72,000,305) | 87,710,209 | 100.4% | ||||
Other Assets and Liabilities—Net | (336,452) | (0.4%) | ||||
Net Assets | 87,373,757 | 100.0% |
Cost is in $000. | |
• | See Note A in Notes to Financial Statements. |
† | Represents the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer, represent 1% or less of net assets. |
* | Includes non-income producing security. |
1 | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $513,731,000. |
2 | Certain securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At October 31, 2020, the aggregate value of these securities was $2,945,602,000, representing 3.4% of net assets. |
3 | Certain securities value determined using significant unobservable inputs. |
4 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
5 | Collateral of $580,772,000 was received for securities on loan. |
6 | Securities with a value of $102,815,000 have been segregated as initial margin for open futures contracts. |
ADR—American Depositary Receipt. |
Futures Contracts | ||||
($000) | ||||
Expiration | Number of Long (Short) Contracts | Notional Amount | Value and Unrealized Appreciation (Depreciation) | |
Long Futures Contracts | ||||
E-mini S&P 500 Index | December 2020 | 246 | 40,156 | (1,282) |
MSCI Emerging Market Index | December 2020 | 20,304 | 1,118,649 | 2,762 |
1,480 |
Over-the-Counter Total Return Swaps | ||||||
Reference Entity | Termination Date | Counterparty | Notional Amount ($000) | Floating Interest Rate Received (Paid)1 (%) | Value and Unrealized Appreciation ($000) | Value and Unrealized (Depreciation) ($000) |
FTSE China A Stock Connect CNY All Cap Index | 6/22/21 | BOANA | 241,708 | (0.148) | 9,431 | — |
1 | Based on 1-month USD London Interbank Offered Rate (LIBOR) as of the most recent payment date. Floating interest payment received/paid monthly. |
BOANA—Bank of America, N.A. |
($000s, except shares and per-share amounts) | Amount |
Assets | |
Investments in Securities, at Value | |
Unaffiliated Issuers (Cost $70,384,037) | 86,093,647 |
Affiliated Issuers (Cost $1,616,268) | 1,616,562 |
Total Investments in Securities | 87,710,209 |
Investment in Vanguard | 3,607 |
Cash | 15,105 |
Foreign Currency, at Value (Cost $308,967) | 309,092 |
Receivables for Investment Securities Sold | 13,894 |
Receivables for Accrued Income | 57,299 |
Receivables for Capital Shares Issued | 40,175 |
Unrealized Appreciation—Over-the-Counter Swap Contracts | 9,431 |
Total Assets | 88,158,812 |
Liabilities | |
Payables for Investment Securities Purchased | 23,655 |
Collateral for Securities on Loan | 580,772 |
Payables for Capital Shares Redeemed | 83,471 |
Payables to Vanguard | 4,391 |
Variation Margin Payable—Futures Contracts | 14,753 |
Deferred Foreign Capital Gains Taxes | 78,013 |
Total Liabilities | 785,055 |
Net Assets | 87,373,757 |
Statement of Assets and Liabilities (continued) | |
At October 31, 2020, net assets consisted of: | |
($000s, except shares and per-share amounts) | Amount |
Paid-in Capital | 84,651,621 |
Total Distributable Earnings (Loss) | 2,722,136 |
Net Assets | 87,373,757 |
Investor Shares—Net Assets | |
Applicable to 5,822,299 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 162,209 |
Net Asset Value Per Share—Investor Shares | $27.86 |
ETF Shares—Net Assets | |
Applicable to 1,396,866,417 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 61,433,634 |
Net Asset Value Per Share—ETF Shares | $43.98 |
Admiral Shares—Net Assets | |
Applicable to 397,593,217 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 14,540,944 |
Net Asset Value Per Share—Admiral Shares | $36.57 |
Institutional Shares—Net Assets | |
Applicable to 237,054,555 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 6,592,442 |
Net Asset Value Per Share—Institutional Shares | $27.81 |
Institutional Plus Shares—Net Assets | |
Applicable to 50,206,760 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 4,644,528 |
Net Asset Value Per Share—Institutional Plus Shares | $92.51 |
Year Ended October 31, 2020 | |
($000) | |
Investment Income | |
Income | |
Dividends1 | 1,998,576 |
Interest2 | 11,656 |
Securities Lending—Net | 23,297 |
Total Income | 2,033,529 |
Expenses | |
The Vanguard Group—Note B | |
Investment Advisory Services | 3,398 |
Management and Administrative—Investor Shares | 428 |
Management and Administrative—ETF Shares | 40,762 |
Management and Administrative—Admiral Shares | 14,999 |
Management and Administrative—Institutional Shares | 4,433 |
Management and Administrative—Institutional Plus Shares | 2,077 |
Marketing and Distribution—Investor Shares | 27 |
Marketing and Distribution—ETF Shares | 1,809 |
Marketing and Distribution—Admiral Shares | 884 |
Marketing and Distribution—Institutional Shares | 221 |
Marketing and Distribution—Institutional Plus Shares | 58 |
Custodian Fees | 15,639 |
Auditing Fees | 56 |
Shareholders’ Reports—Investor Shares | 49 |
Shareholders’ Reports—ETF Shares | 3,558 |
Shareholders’ Reports—Admiral Shares | 331 |
Shareholders’ Reports—Institutional Shares | 101 |
Shareholders’ Reports—Institutional Plus Shares | 58 |
Trustees’ Fees and Expenses | 54 |
Total Expenses | 88,942 |
Net Investment Income | 1,944,587 |
Realized Net Gain (Loss) | |
Investment Securities Sold2,3 | (1,481,162) |
Futures Contracts | (105,529) |
Swap Contracts | 52,930 |
Forward Currency Contracts | (336) |
Foreign Currencies | (44,572) |
Realized Net Gain (Loss) | (1,578,669) |
Statement of Operations (continued) | |
Year Ended October 31, 2020 | |
($000) | |
Change in Unrealized Appreciation (Depreciation) | |
Investment Securities2,4 | 5,085,078 |
Futures Contracts | (16,144) |
Swap Contracts | 8,486 |
Foreign Currencies | 292 |
Change in Unrealized Appreciation (Depreciation) | 5,077,712 |
Net Increase (Decrease) in Net Assets Resulting from Operations | 5,443,630 |
1 | Dividends are net of foreign withholding taxes of $236,038,000. |
2 | Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund were $10,911,000, $730,000, and $193,000, respectively. Purchases and sales are for temporary cash investment purposes. |
3 | Includes $615,887,000 of the net gain (loss) resulting from in-kind redemptions. |
4 | The change in unrealized appreciation (depreciation) is net of the change in deferred foreign capital gains taxes of ($32,455,000) |
Year Ended October 31, | ||
2020 ($000) | 2019 ($000) | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net Investment Income | 1,944,587 | 2,832,290 |
Realized Net Gain (Loss) | (1,578,669) | (1,612,907) |
Change in Unrealized Appreciation (Depreciation) | 5,077,712 | 9,153,034 |
Net Increase (Decrease) in Net Assets Resulting from Operations | 5,443,630 | 10,372,417 |
Distributions1 | ||
Investor Shares | (5,308) | (18,298) |
ETF Shares | (1,765,914) | (1,696,271) |
Admiral Shares | (401,489) | (366,780) |
Institutional Shares | (182,259) | (163,743) |
Institutional Plus Shares | (109,778) | (70,891) |
Total Distributions | (2,464,748) | (2,315,983) |
Capital Share Transactions | ||
Investor Shares | (82,198) | (1,176,550) |
ETF Shares | (3,609,670) | 3,458,622 |
Admiral Shares | (412,007) | 1,478,247 |
Institutional Shares | (3,583) | 596,087 |
Institutional Plus Shares | 1,698,268 | 597,858 |
Net Increase (Decrease) from Capital Share Transactions | (2,409,190) | 4,954,264 |
Total Increase (Decrease) | 569,692 | 13,010,698 |
Net Assets | ||
Beginning of Period | 86,804,065 | 73,793,367 |
End of Period | 87,373,757 | 86,804,065 |
1 | Certain prior-period numbers have been reclassified to conform with the current-period presentation. |
Investor Shares | |||||
For a Share Outstanding Throughout Each Period | Year Ended October 31, | ||||
2020 | 2019 | 2018 | 2017 | 2016 | |
Net Asset Value, Beginning of Period | $26.59 | $24.02 | $28.16 | $23.85 | $22.16 |
Investment Operations | |||||
Net Investment Income | .5281 | .6431,2 | .6631 | .6011 | .530 |
Net Realized and Unrealized Gain (Loss) on Investments | 1.456 | 2.601 | (4.187) | 4.302 | 1.691 |
Total from Investment Operations | 1.984 | 3.244 | (3.524) | 4.903 | 2.221 |
Distributions | |||||
Dividends from Net Investment Income | (.714) | (.674) | (.616) | (.593) | (.531) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (.714) | (.674) | (.616) | (.593) | (.531) |
Net Asset Value, End of Period | $27.86 | $26.59 | $24.02 | $28.16 | $23.85 |
Total Return3 | 7.55% | 13.66% | -12.73% | 20.76% | 10.21% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $162 | $239 | $1,283 | $1,738 | $1,570 |
Ratio of Total Expenses to Average Net Assets | 0.29% | 0.29% | 0.29% | 0.32% | 0.32% |
Ratio of Net Investment Income to Average Net Assets | 2.02% | 2.48%2 | 2.36% | 2.38% | 2.50% |
Portfolio Turnover Rate4 | 10% | 9% | 11% | 6% | 13% |
1 | Calculated based on average shares outstanding. |
2 | Net investment income per share and the ratio of net investment income to average net assets include $.171 and 0.66%, respectively, resulting from a special dividend from Naspers Ltd. in September 2019. |
3 | Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees. |
4 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
FTSE Emerging Markets ETF Shares | |||||
For a Share Outstanding Throughout Each Period | Year Ended October 31, | ||||
2020 | 2019 | 2018 | 2017 | 2016 | |
Net Asset Value, Beginning of Period | $41.99 | $37.91 | $44.47 | $37.67 | $34.98 |
Investment Operations | |||||
Net Investment Income | .9541 | 1.3931,2 | 1.1261 | 1.0351 | .900 |
Net Realized and Unrealized Gain (Loss) on Investments | 2.249 | 3.826 | (6.636) | 6.781 | 2.679 |
Total from Investment Operations | 3.203 | 5.219 | (5.510) | 7.816 | 3.579 |
Distributions | |||||
Dividends from Net Investment Income | (1.213) | (1.139) | (1.050) | (1.016) | (.889) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (1.213) | (1.139) | (1.050) | (1.016) | (.889) |
Net Asset Value, End of Period | $43.98 | $41.99 | $37.91 | $44.47 | $37.67 |
Total Return | 7.77% | 13.95% | -12.64% | 20.98% | 10.47% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $61,434 | $63,089 | $53,765 | $64,967 | $44,636 |
Ratio of Total Expenses to Average Net Assets | 0.10% | 0.10% | 0.12% | 0.14% | 0.14% |
Ratio of Net Investment Income to Average Net Assets | 2.31% | 3.40%2 | 2.53% | 2.56% | 2.68% |
Portfolio Turnover Rate3 | 10% | 9% | 11% | 6% | 13% |
1 | Calculated based on average shares outstanding. |
2 | Net investment income per share and the ratio of net investment income to average net assets include $.271 and 0.66%, respectively, resulting from a special dividend from Naspers Ltd. in September 2019. |
3 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
Admiral Shares | |||||
For a Share Outstanding Throughout Each Period | Year Ended October 31, | ||||
2020 | 2019 | 2018 | 2017 | 2016 | |
Net Asset Value, Beginning of Period | $34.91 | $31.53 | $36.99 | $31.33 | $29.10 |
Investment Operations | |||||
Net Investment Income | .7841 | 1.1541,2 | .9441 | .8601 | .747 |
Net Realized and Unrealized Gain (Loss) on Investments | 1.870 | 3.155 | (5.531) | 5.645 | 2.222 |
Total from Investment Operations | 2.654 | 4.309 | (4.587) | 6.505 | 2.969 |
Distributions | |||||
Dividends from Net Investment Income | (.994) | (.929) | (.873) | (.845) | (.739) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (.994) | (.929) | (.873) | (.845) | (.739) |
Net Asset Value, End of Period | $36.57 | $34.91 | $31.53 | $36.99 | $31.33 |
Total Return3 | 7.72% | 13.83% | -12.64% | 21.00% | 10.41% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $14,541 | $14,383 | $11,632 | $12,585 | $9,166 |
Ratio of Total Expenses to Average Net Assets | 0.14% | 0.14% | 0.14% | 0.14% | 0.14% |
Ratio of Net Investment Income to Average Net Assets | 2.28% | 3.38%2 | 2.51% | 2.56% | 2.68% |
Portfolio Turnover Rate4 | 10% | 9% | 11% | 6% | 13% |
1 | Calculated based on average shares outstanding. |
2 | Net investment income per share and the ratio of net investment income to average net assets include $.225 and 0.66%, respectively, resulting from a special dividend from Naspers Ltd. in September 2019. |
3 | Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees. |
4 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
Institutional Shares | |||||
For a Share Outstanding Throughout Each Period | Year Ended October 31, | ||||
2020 | 2019 | 2018 | 2017 | 2016 | |
Net Asset Value, Beginning of Period | $26.55 | $23.98 | $28.13 | $23.82 | $22.13 |
Investment Operations | |||||
Net Investment Income | .6111 | .8881,2 | .7211 | .6591 | .577 |
Net Realized and Unrealized Gain (Loss) on Investments | 1.415 | 2.401 | (4.198) | 4.301 | 1.683 |
Total from Investment Operations | 2.026 | 3.289 | (3.477) | 4.960 | 2.260 |
Distributions | |||||
Dividends from Net Investment Income | (.766) | (.719) | (.673) | (.650) | (.570) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (.766) | (.719) | (.673) | (.650) | (.570) |
Net Asset Value, End of Period | $27.81 | $26.55 | $23.98 | $28.13 | $23.82 |
Total Return | 7.76% | 13.88% | -12.60% | 21.06% | 10.42% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $6,592 | $6,309 | $5,142 | $5,647 | $4,191 |
Ratio of Total Expenses to Average Net Assets | 0.10% | 0.10% | 0.10% | 0.11% | 0.11% |
Ratio of Net Investment Income to Average Net Assets | 2.34% | 3.43%2 | 2.55% | 2.59% | 2.71% |
Portfolio Turnover Rate3 | 10% | 9% | 11% | 6% | 13% |
1 | Calculated based on average shares outstanding. |
2 | Net investment income per share and the ratio of net investment income to average net assets include $.171 and 0.66%, respectively, resulting from a special dividend from Naspers Ltd. in September 2019. |
3 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
Institutional Plus Shares | |||||
For a Share Outstanding Throughout Each Period | Year Ended October 31, | ||||
2020 | 2019 | 2018 | 2017 | 2016 | |
Net Asset Value, Beginning of Period | $88.32 | $79.77 | $93.57 | $79.26 | $73.61 |
Investment Operations | |||||
Net Investment Income | 2.1231 | 3.1021,2 | 2.1821 | 2.2211 | 1.928 |
Net Realized and Unrealized Gain (Loss) on Investments | 4.635 | 7.869 | (13.725) | 14.266 | 5.630 |
Total from Investment Operations | 6.758 | 10.971 | (11.543) | 16.487 | 7.558 |
Distributions | |||||
Dividends from Net Investment Income | (2.568) | (2.421) | (2.257) | (2.177) | (1.908) |
Distributions from Realized Capital Gains | — | — | — | — | — |
Total Distributions | (2.568) | (2.421) | (2.257) | (2.177) | (1.908) |
Net Asset Value, End of Period | $92.51 | $88.32 | $79.77 | $93.57 | $79.26 |
Total Return | 7.78% | 13.93% | -12.58% | 21.04% | 10.48% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $4,645 | $2,784 | $1,973 | $3,991 | $3,026 |
Ratio of Total Expenses to Average Net Assets | 0.08% | 0.08% | 0.08% | 0.09% | 0.09% |
Ratio of Net Investment Income to Average Net Assets | 2.45% | 3.59%2 | 2.57% | 2.61% | 2.73% |
Portfolio Turnover Rate3 | 10% | 9% | 11% | 6% | 13% |
1 | Calculated based on average shares outstanding. |
2 | Net investment income per share and the ratio of net investment income to average net assets include $.571 and 0.66%, respectively, resulting from a special dividend from Naspers Ltd. in September 2019. |
3 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares, including ETF Creation Units. |
Level 1 ($000) | Level 2 ($000) | Level 3 ($000) | Total ($000) | |
Investments | ||||
Assets | ||||
Common Stocks—North and South America | 6,666,378 | 5,611 | 7 | 6,671,996 |
Common Stocks—Other | 13,786,985 | 65,412,114 | 102,035 | 79,301,134 |
Temporary Cash Investments | 1,616,562 | 120,517 | — | 1,737,079 |
Total | 22,069,925 | 65,538,242 | 102,042 | 87,710,209 |
Derivative Financial Instruments | ||||
Assets | ||||
Swap Contracts | — | 9,431 | — | 9,431 |
Liabilities | ||||
Futures Contracts1 | 14,753 | — | — | 14,753 |
1 | Represents variation margin on the last day of the reporting period. |
Statement of Assets and Liabilities Caption | Equity Contracts ($000) | Total ($000) |
Unrealized Appreciation—Swap Contracts | 9,431 | 9,431 |
Variation Margin Payable—Futures Contracts | 14,753 | 14,753 |
Realized Net Gain (Loss) on Derivatives | Equity Contracts ($000) | Foreign Exchange Contracts ($000) | Total ($000) |
Futures Contracts | (105,529) | — | (105,529) |
Forward Currency Contracts | — | (336) | (336) |
Swap Contracts | 52,930 | — | 52,930 |
Realized Net Gain (Loss) on Derivatives | (52,599) | (336) | (52,935) |
Change in Unrealized Appreciation (Depreciation) on Derivatives | |||
Futures Contracts | (16,144) | — | (16,144) |
Swap Contracts | 8,486 | — | 8,486 |
Change in Unrealized Appreciation (Depreciation) on Derivatives | (7,658) | — | (7,658) |
Amount ($000) | |
Paid-in Capital | 610,786 |
Total Distributable Earnings (Loss) | (610,786) |
Amount ($000) | |
Undistributed Ordinary Income | 469,186 |
Undistributed Long-Term Gains | — |
Capital Loss Carryforwards | (13,071,705) |
Qualified Late-Year Losses | — |
Net Unrealized Gains (Losses) | 15,324,655 |
Year Ended October 31, | ||
2020 Amount ($000) | 2019 Amount ($000) | |
Ordinary Income | 2,464,748 | 2,315,983 |
Long-Term Capital Gains | — | — |
Total | 2,464,748 | 2,315,983 |
Amount ($000) | |
Tax Cost | 72,305,826 |
Gross Unrealized Appreciation | 32,600,023 |
Gross Unrealized Depreciation | (17,195,640) |
Net Unrealized Appreciation (Depreciation) | 15,404,383 |
Year Ended October 31, | |||||
2020 | 2019 | ||||
Amount ($000) | Shares (000) | Amount ($000) | Shares (000) | ||
Investor Shares | |||||
Issued | 16,736 | 651 | 270,545 | 10,109 | |
Issued in Lieu of Cash Distributions | 5,308 | 195 | 17,437 | 699 | |
Redeemed1 | (104,242) | (4,022) | (1,464,532) | (55,218) | |
Net Increase (Decrease)—Investor Shares | (82,198) | (3,176) | (1,176,550) | (44,410) | |
ETF Shares | |||||
Issued | 825,514 | 20,070 | 3,980,030 | 97,280 | |
Issued in Lieu of Cash Distributions | — | — | — | — | |
Redeemed | (4,435,184) | (125,800) | (521,408) | (12,800) | |
Net Increase (Decrease)—ETF Shares | (3,609,670) | (105,730) | 3,458,622 | 84,480 | |
Admiral Shares | |||||
Issued1 | 3,245,146 | 97,262 | 4,392,087 | 128,907 | |
Issued in Lieu of Cash Distributions | 348,063 | 9,830 | 316,976 | 9,487 | |
Redeemed | (4,005,216) | (121,465) | (3,230,816) | (95,366) | |
Net Increase (Decrease)—Admiral Shares | (412,007) | (14,373) | 1,478,247 | 43,028 |
Year Ended October 31, | |||||
2020 | 2019 | ||||
Amount ($000) | Shares (000) | Amount ($000) | Shares (000) | ||
Institutional Shares | |||||
Issued | 1,781,929 | 68,805 | 1,888,730 | 73,223 | |
Issued in Lieu of Cash Distributions | 171,042 | 6,363 | 153,181 | 6,031 | |
Redeemed | (1,956,554) | (75,769) | (1,445,824) | (56,033) | |
Net Increase (Decrease)—Institutional Shares | (3,583) | (601) | 596,087 | 23,221 | |
Institutional Plus Shares | |||||
Issued | 1,900,916 | 21,059 | 774,033 | 8,853 | |
Issued in Lieu of Cash Distributions | 103,316 | 1,160 | 65,606 | 774 | |
Redeemed | (305,964) | (3,531) | (241,781) | (2,838) | |
Net Increase (Decrease)—Institutional Plus Shares | 1,698,268 | 18,688 | 597,858 | 6,789 |
1 | In November 2018, the fund announced changes to the availability and minimum investment criteria of the Investor and Admiral share classes. As a result, all of the outstanding Investor Shares automatically converted to Admiral Shares beginning in April 2019, with the exception of those held by Vanguard funds and certain other institutional investors. Investor Shares—Redeemed and Admiral Shares—Issued include 135 and 103 shares, respectively, in the amount of $4,000 from the conversion during the year ended October 31, 2020. Investor Shares—Redeemed and Admiral Shares—Issued include 40,647,000 and 30,955,000 shares, respectively, in the amount of $1,079,150,000 from the conversion during the year ended October 31, 2019. |
Philadelphia, Pennsylvania
December 21, 2020
Joseph Brennan | James M. Norris |
Mortimer J. Buckley | Thomas M. Rampulla |
Gregory Davis | Karin A. Risi |
John James | Anne E. Robinson |
John T. Marcante | Michael Rollings |
Chris D. McIsaac | Lauren Valente |
![](https://capedge.com/proxy/N-CSR/0001104659-20-140525/imgb112043f6.jpg)
Who Are Deaf or Hard of Hearing > 800-749-7273
All rights reserved.
U.S. Pat. Nos. 6,879,964; 7,337,138; 7,720,749;
7,925,573; 8,090,646; 8,417,623; and 8,626,636.
Vanguard Marketing Corporation, Distributor.
Item 2: Code of Ethics. The Registrant has adopted a code of ethics that applies to the Registrant’s principal executive officer, principal financial officer, principal accounting officer or controller or persons performing similar functions. The Code of Ethics was amended during the reporting period covered by this report to make certain technical, non-material changes.
Item 3: Audit Committee Financial Expert. All members of the Audit Committee have been determined by the Registrant’s Board of Trustees to be Audit Committee Financial Experts and to be independent: F. Joseph Loughrey, Mark Loughridge, Sarah Bloom Raskin, and Peter F. Volanakis.
Item 4: Principal Accountant Fees and Services.
(a) Audit Fees.
Audit Fees of the Registrant.
Fiscal Year Ended October 31, 2020: $322,000
Fiscal Year Ended October 31, 2019: $328,000
Aggregate Audit Fees of Registered Investment Companies in the Vanguard Group.
Fiscal Year Ended October 31, 2020: $10,761,407
Fiscal Year Ended October 31, 2019: $9,568,215
Includes fees billed in connection with audits of the Registrant, other registered investment companies in the Vanguard complex, The Vanguard Group, Inc., and Vanguard Marketing Corporation.
(b) Audit-Related Fees.
Fiscal Year Ended October 31, 2020: $2,915,863
Fiscal Year Ended October 31, 2019: $3,012,031
Includes fees billed in connection with assurance and related services provided to the Registrant, other registered investment companies in the Vanguard complex, The Vanguard Group, Inc., and Vanguard Marketing Corporation.
(c) Tax Fees.
Fiscal Year Ended October 31, 2020: $247,168
Fiscal Year Ended October 31, 2019: $357,238
Includes fees billed in connection with tax compliance, planning, and advice services provided to the Registrant, other registered investment companies in the Vanguard complex, The Vanguard Group, Inc., and Vanguard Marketing Corporation.
(d) All Other Fees.
Fiscal Year Ended October 31, 2020: $115,000
Fiscal Year Ended October 31, 2019: $0
Includes fees billed for services related to tax reported information provided to the Registrant, other registered investment companies in the Vanguard complex, The Vanguard Group, Inc., and Vanguard Marketing Corporation.
(e) (1) Pre-Approval Policies. The policy of the Registrant’s Audit Committee is to consider, and, if appropriate, approve before the principal accountant is engaged for such services, all specific audit and non-audit services provided to: the Registrant, other registered investment companies in the Vanguard complex, The Vanguard Group, Inc., and entities controlled by The Vanguard Group, Inc. that provide ongoing services to the Registrant. In making a determination, the Audit Committee considers whether the services are consistent with maintaining the principal accountant’s independence.
In the event of a contingency situation in which the principal accountant is needed to provide services in between scheduled Audit Committee meetings, the Chairman of the Audit Committee would be called on to consider and, if appropriate, pre-approve audit or permitted non-audit services in an amount sufficient to complete services through the next Audit Committee meeting, and to determine if such services would be consistent with maintaining the accountant’s independence. At the next scheduled Audit Committee meeting, services and fees would be presented to the Audit Committee for formal consideration, and, if appropriate, approval by the entire Audit Committee. The Audit Committee would again consider whether such services and fees are consistent with maintaining the principal accountant’s independence.
The Registrant’s Audit Committee is informed at least annually of all audit and non-audit services provided by the principal accountant to the Vanguard complex, whether such services are provided to: the Registrant, other registered investment companies in the Vanguard complex, The Vanguard Group, Inc., or other entities controlled by The Vanguard Group, Inc. that provide ongoing services to the Registrant.
(2) No percentage of the principal accountant’s fees or services were approved pursuant to the waiver provision of paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X.
(f) For the most recent fiscal year, over 50% of the hours worked under the principal accountant’s engagement were not performed by persons other than full-time, permanent employees of the principal accountant.
(g) Aggregate Non-Audit Fees.
Fiscal Year Ended October 31, 2020: $362,168
Fiscal Year Ended October 31, 2019: $357,238
Includes fees billed for non-audit services provided to the Registrant, other registered investment companies in the Vanguard complex, The Vanguard Group, Inc., and Vanguard Marketing Corporation.
(h) For the most recent fiscal year, the Audit Committee has determined that the provision of all non-audit services was consistent with maintaining the principal accountant’s independence.
Item 5: Audit Committee of Listed Registrants.
The Registrant is a listed issuer as defined in rule 10A-3 under the Securities Exchange Act of 1934 (“Exchange Act”). The Registrant has a separately-designated standing audit committee established in accordance with Section 3(a)(58)(A) of the Exchange Act. The Registrant’s audit committee members are: F. Joseph Loughrey, Mark Loughridge, Sarah Bloom Raskin, and Peter F. Volanakis.
Item 6: Investments.
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Common Stocks (99.2%) | |||
Austria (0.4%) | |||
* | Erste Group Bank AG | 506,148 | 10,404 |
Verbund AG | 117,948 | 6,803 | |
OMV AG | 254,033 | 5,872 | |
voestalpine AG | 205,797 | 5,723 | |
Wienerberger AG | 198,802 | 5,018 | |
^ | ANDRITZ AG | 125,877 | 4,245 |
*,1 | BAWAG Group AG | 102,573 | 3,767 |
CA Immobilien Anlagen AG | 122,030 | 3,352 | |
* | Raiffeisen Bank International AG | 227,002 | 3,277 |
Mayr Melnhof Karton AG | 15,251 | 2,491 | |
* | Immofinanz AG | 147,926 | 1,984 |
^ | Oesterreichische Post AG | 58,706 | 1,864 |
*,^ | Lenzing AG | 24,166 | 1,692 |
^ | Telekom Austria AG Class A | 236,517 | 1,591 |
S IMMO AG | 94,397 | 1,395 | |
Vienna Insurance Group AG Wiener Versicherung Gruppe | 66,643 | 1,353 | |
UNIQA Insurance Group AG | 190,841 | 1,075 | |
EVN AG | 63,711 | 1,018 | |
* | Strabag SE | 27,460 | 797 |
Schoeller-Bleckmann Oilfield Equipment AG | 20,614 | 500 | |
*,^ | DO & CO AG | 11,818 | 429 |
* | Flughafen Wien AG | 18,156 | 429 |
Palfinger AG | 18,191 | 421 | |
Agrana Beteiligungs AG | 20,181 | 365 | |
Zumtobel Group AG | 50,803 | 284 | |
*,^ | Porr AG | 17,371 | 232 |
66,381 | |||
Belgium (1.7%) | |||
Anheuser-Busch InBev SA/NV | 1,477,220 | 76,412 | |
KBC Group NV | 487,835 | 24,103 | |
Ucb SA | 214,222 | 21,159 | |
* | Argenx SE | 83,657 | 20,876 |
Groupe Bruxelles Lambert SA | 190,489 | 15,622 | |
Umicore SA | 363,965 | 14,031 | |
Ageas SA/NV | 316,341 | 12,739 | |
Solvay SA Class A | 123,877 | 10,065 | |
Warehouses De Pauw CVA | 238,139 | 7,978 | |
Sofina SA | 27,048 | 7,030 | |
Cofinimmo SA | 48,180 | 6,548 | |
Elia Group SA/NV | 61,977 | 5,995 | |
Aedifica SA | 58,790 | 5,925 | |
Etablissements Franz Colruyt NV | 91,577 | 5,417 | |
Proximus SADP | 248,975 | 4,840 | |
* | Ackermans & van Haaren NV | 39,189 | 4,824 |
Telenet Group Holding NV | 83,002 | 3,192 | |
Euronav NV | 361,847 | 2,644 | |
^ | Melexis NV | 33,259 | 2,532 |
Montea C.V.A | 22,966 | 2,522 | |
Fagron | 107,697 | 2,391 | |
D'ieteren SA/NV | 40,214 | 2,015 | |
Barco NV | 123,233 | 1,933 | |
Shurgard Self Storage SA | 44,426 | 1,894 | |
* | KBC Ancora | 64,550 | 1,830 |
VGP NV | 13,504 | 1,760 | |
Gimv NV | 33,098 | 1,728 | |
* | Tessenderlo Chemie NV (Voting Shares) | 47,215 | 1,607 |
bpost SA | 177,647 | 1,574 | |
* | Ontex Group NV | 141,301 | 1,563 |
Xior Student Housing NV | 26,980 | 1,534 | |
Befimmo SA | 38,690 | 1,506 | |
Bekaert SA | 61,006 | 1,298 |
1 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | AGFA-Gevaert NV | 290,090 | 1,103 |
Retail Estates NV | 18,117 | 1,071 | |
Orange Belgium SA | 48,050 | 801 | |
* | Cie d'Entreprises CFE | 11,920 | 738 |
*,^ | Kinepolis Group NV | 23,651 | 601 |
*,^ | Econocom Group SA/NV | 229,655 | 505 |
*,^ | Mithra Pharmaceuticals SA | 26,219 | 477 |
Van de Velde NV | 9,899 | 252 | |
Wereldhave Belgium Comm VA | 4,102 | 172 | |
282,807 | |||
Denmark (4.0%) | |||
Novo Nordisk A/S Class B | 2,870,980 | 183,070 | |
Vestas Wind Systems A/S | 347,997 | 59,704 | |
DSV Panalpina A/S | 358,079 | 58,095 | |
1 | Orsted A/S | 335,168 | 53,194 |
* | Genmab A/S | 104,839 | 35,019 |
Coloplast A/S Class B | 236,498 | 34,586 | |
Carlsberg AS Class B | 176,142 | 22,303 | |
Novozymes A/S | 362,013 | 21,772 | |
Chr Hansen Holding A/S | 182,555 | 18,422 | |
AP Moller - Maersk A/S Class B | 10,360 | 16,603 | |
GN Store Nord A/S | 229,011 | 16,488 | |
* | Danske Bank A/S | 1,169,572 | 15,588 |
Pandora A/S | 160,325 | 12,718 | |
AP Moller - Maersk A/S Class A | 7,519 | 11,118 | |
Ambu A/S Class B | 294,494 | 8,932 | |
SimCorp A/S | 70,492 | 8,408 | |
Royal Unibrew A/S | 86,128 | 8,398 | |
Tryg A/S | 214,062 | 5,941 | |
* | Demant A/S | 186,038 | 5,874 |
*,1 | Netcompany Group A/S | 58,283 | 4,848 |
ROCKWOOL International A/S Class B | 11,326 | 4,433 | |
* | Iss A/S | 326,199 | 4,235 |
Ringkjoebing Landbobank A/S | 51,911 | 3,955 | |
* | ALK-Abello A/S | 11,590 | 3,878 |
* | Jyske Bank A/S | 103,330 | 3,079 |
H Lundbeck A/S | 106,780 | 3,010 | |
Topdanmark A/S | 74,267 | 2,908 | |
* | Bavarian Nordic A/S | 103,320 | 2,740 |
* | Zealand Pharma A/S | 70,363 | 2,361 |
* | FLSmidth & Co. A/S | 88,278 | 2,255 |
Schouw & Co. A/S | 22,410 | 1,952 | |
* | Dfds A/S | 51,690 | 1,934 |
* | Sydbank AS | 106,869 | 1,828 |
1 | Scandinavian Tobacco Group A/S | 113,661 | 1,605 |
* | Nkt A/S | 56,878 | 1,546 |
* | Spar Nord Bank A/S | 144,592 | 1,246 |
* | Alm Brand A/S | 108,571 | 1,242 |
*,^ | Drilling Co. of 1972 A/S | 39,265 | 742 |
* | Nilfisk Holding A/S | 44,627 | 612 |
D/S Norden A/S | 42,929 | 610 | |
647,252 | |||
Finland (2.2%) | |||
Kone Oyj Class B | 697,718 | 55,548 | |
* | Nordea Bank Abp (XSTO) | 5,654,691 | 42,440 |
Neste Oyj | 739,632 | 38,575 | |
Sampo Oyj Class A | 898,508 | 33,907 | |
* | Nokia Oyj | 9,977,794 | 33,637 |
UPM-Kymmene Oyj | 948,326 | 26,799 | |
Stora Enso Oyj | 1,021,210 | 14,903 | |
Fortum Oyj | 766,313 | 14,404 | |
Elisa Oyj | 254,568 | 12,517 | |
Kesko Oyj Class B | 480,187 | 12,322 | |
Huhtamaki Oyj | 165,804 | 8,099 |
2 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Orion Oyj Class B | 182,093 | 7,794 | |
Metso Outotec Oyj | 1,071,891 | 7,556 | |
Nokian Renkaat Oyj | 243,420 | 7,480 | |
* | Kojamo Oyj | 345,991 | 7,132 |
Wartsila OYJ Abp | 868,845 | 6,905 | |
Valmet Oyj | 235,751 | 5,627 | |
Konecranes Oyj Class A | 128,536 | 4,044 | |
TietoEVRY Oyj (XHEL) | 128,918 | 3,216 | |
Cargotec Oyj Class B | 84,768 | 2,914 | |
Metsa Board Oyj | 311,234 | 2,611 | |
^ | Neles Oyj | 190,502 | 2,551 |
Sanoma Oyj | 135,942 | 2,001 | |
Kemira Oyj | 155,578 | 1,922 | |
Uponor Oyj | 98,369 | 1,834 | |
YIT Oyj | 292,052 | 1,541 | |
Ahlstrom-Munksjo Oyj | 68,813 | 1,441 | |
*,^ | Outokumpu Oyj | 556,157 | 1,388 |
^ | Citycon Oyj | 131,739 | 1,014 |
TietoEVRY Oyj (XOSL) | 38,768 | 962 | |
Raisio Oyj | 194,608 | 691 | |
* | F-Secure Oyj | 158,186 | 646 |
* | Nordea Bank Abp (XHEL) | 79,960 | 602 |
Oriola Oyj | 227,020 | 478 | |
* | Finnair Oyj | 1,040,781 | 444 |
365,945 | |||
France (15.2%) | |||
LVMH Moet Hennessy Louis Vuitton SE | 442,940 | 207,629 | |
Sanofi | 1,936,534 | 174,858 | |
TOTAL SE | 4,311,038 | 130,611 | |
Schneider Electric SE | 935,141 | 113,627 | |
L'Oreal SA Loyalty Shares | 278,786 | 90,100 | |
Air Liquide SA Loyalty Shares | 562,260 | 82,225 | |
Kering SA | 131,874 | 79,694 | |
* | Airbus SE | 985,781 | 72,126 |
* | BNP Paribas SA | 1,924,454 | 67,115 |
Vinci SA | 825,565 | 65,208 | |
* | EssilorLuxottica SA | 524,055 | 64,700 |
* | Safran SA | 571,941 | 60,329 |
Pernod Ricard SA | 368,870 | 59,426 | |
Danone SA | 1,065,940 | 59,123 | |
AXA SA | 3,419,126 | 54,909 | |
Hermes International | 54,826 | 51,049 | |
Vivendi SA | 1,422,562 | 41,060 | |
Dassault Systemes SE | 233,987 | 39,898 | |
Orange SA | 3,394,524 | 38,120 | |
Legrand SA | 474,452 | 35,119 | |
STMicroelectronics NV | 1,124,620 | 34,306 | |
Cie Generale des Etablissements Michelin SCA | 311,332 | 33,624 | |
* | Cie de Saint-Gobain | 862,256 | 33,588 |
Capgemini SE | 279,725 | 32,300 | |
Teleperformance | 103,250 | 30,994 | |
L'Oreal Loyalty Shares 2021 | 77,009 | 24,888 | |
* | Engie SA | 1,908,225 | 23,079 |
L'Oreal SA | 71,054 | 22,964 | |
Edenred | 437,369 | 20,388 | |
Air Liquide SA | 138,776 | 20,295 | |
*,1 | Worldline SA | 259,947 | 19,254 |
* | Societe Generale SA | 1,372,381 | 18,648 |
Air Liquide SA Loyalty Shares 2021 | 125,111 | 18,296 | |
* | Peugeot SA | 965,912 | 17,352 |
* | Eurofins Scientific SE | 21,303 | 16,964 |
Veolia Environnement SA | 892,942 | 16,620 | |
Sartorius Stedim Biotech | 43,136 | 16,364 | |
* | Credit Agricole SA | 2,049,037 | 16,209 |
3 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Carrefour SA | 1,030,892 | 16,022 | |
*,^ | Ingenico Group SA | 110,510 | 15,889 |
* | Alstom SA | 343,522 | 15,348 |
* | Ubisoft Entertainment SA | 166,334 | 14,693 |
Publicis Groupe SA | 383,549 | 13,325 | |
Valeo SA | 424,660 | 12,847 | |
Bouygues SA | 376,172 | 12,336 | |
Suez SA | 657,752 | 12,042 | |
Arkema SA | 118,370 | 11,593 | |
Thales SA | 177,640 | 11,575 | |
* | Atos SE | 167,422 | 11,438 |
Gecina SA | 92,105 | 11,434 | |
1 | Euronext NV | 109,296 | 11,380 |
BioMerieux | 75,562 | 11,251 | |
* | Getlink SE | 806,267 | 10,845 |
* | Bureau Veritas SA | 489,659 | 10,738 |
* | Eiffage SA | 135,708 | 9,849 |
* | Orpea | 87,097 | 8,700 |
* | Accor SA | 324,103 | 8,261 |
* | Renault SA | 326,045 | 8,075 |
Electricite de France SA | 689,880 | 8,008 | |
Remy Cointreau SA | 43,569 | 7,356 | |
Sodexo SA ACT Loyalty Shares | 109,891 | 7,059 | |
* | SCOR Se | 279,233 | 6,781 |
*,1 | Amundi SA | 101,139 | 6,634 |
* | Engie SA (XPAR) | 522,361 | 6,318 |
Bollore SA | 1,742,167 | 6,245 | |
* | Engie SA Loyalty Shares 2021 | 513,269 | 6,208 |
1 | La Francaise des Jeux SAEM | 154,959 | 5,813 |
* | Rexel SA | 536,729 | 5,651 |
Ipsen SA | 61,438 | 5,596 | |
Rubis SCA | 167,434 | 5,505 | |
* | Faurecia SE | 141,856 | 5,380 |
SES SA Class A | 665,793 | 5,318 | |
Covivio | 88,797 | 5,288 | |
* | Soitec | 37,228 | 5,281 |
SEB SA Loyalty Shares | 32,490 | 5,280 | |
Iliad SA | 27,126 | 5,244 | |
Aeroports de Paris | 50,031 | 4,896 | |
TechnipFMC plc | 809,460 | 4,463 | |
*,^ | Lagardere SCA | 203,076 | 4,441 |
^ | Klepierre SA | 332,242 | 4,210 |
Wendel SE | 48,621 | 4,208 | |
* | Alten SA | 51,145 | 4,095 |
^ | Gaztransport Et Technigaz SA | 39,710 | 3,807 |
* | Eurazeo SE | 77,192 | 3,511 |
* | Natixis SA | 1,502,739 | 3,500 |
* | Dassault Aviation SA | 4,146 | 3,469 |
* | Spie SA | 220,199 | 3,465 |
Eutelsat Communications SA | 327,613 | 3,295 | |
* | Korian SA | 113,026 | 3,184 |
* | Sopra Steria Group | 25,519 | 3,035 |
* | CNP Assurances | 266,433 | 3,005 |
* | Electicie de France SA Loyalty Shares 2021 | 251,634 | 2,921 |
Icade | 56,134 | 2,839 | |
Sodexo SA | 43,988 | 2,826 | |
* | Elis SA (XPAR) | 239,060 | 2,622 |
* | Nexans SA | 51,757 | 2,513 |
Cie Plastic Omnium SA | 98,477 | 2,241 | |
Nexity SA | 77,244 | 2,169 | |
*,^ | Casino Guichard Perrachon SA | 96,115 | 2,165 |
Societe BIC SA | 44,098 | 2,112 | |
Imerys SA | 68,829 | 2,057 | |
* | JCDecaux SA | 131,193 | 2,025 |
4 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
*,1 | Neoen SA | 37,113 | 1,988 |
Trigano SA | 14,504 | 1,926 | |
* | Virbac SA | 7,695 | 1,791 |
Ipsos | 69,656 | 1,712 | |
* | Elis SA (XLON) | 155,925 | 1,697 |
1 | Ald SA | 146,900 | 1,582 |
Albioma ACT Loyalty Shares (XPAR) | 30,306 | 1,413 | |
SEB SA | 8,298 | 1,349 | |
Robertet SA | 1,201 | 1,329 | |
* | Fnac Darty SA | 30,940 | 1,329 |
* | Rothschild & Co. | 50,984 | 1,309 |
* | Metropole Television SA | 117,744 | 1,293 |
* | Coface SA | 158,721 | 1,240 |
SEB SA Loyalty Line 2021 | 7,587 | 1,233 | |
*,^ | Air France-KLM | 350,484 | 1,149 |
* | Television Francaise 1 | 193,613 | 1,137 |
* | Interparfums SA | 24,876 | 1,132 |
*,1 | Verallia SA | 38,001 | 1,058 |
*,1 | Maisons du Monde SA | 78,484 | 1,050 |
Vicat SA | 26,321 | 809 | |
Quadient SA | 60,602 | 790 | |
Ffp | 9,487 | 753 | |
* | Cgg SA | 1,316,678 | 742 |
* | Mersen SA | 26,046 | 676 |
1 | Elior Group SA | 177,513 | 669 |
* | Tarkett SA | 54,459 | 660 |
Beneteau SA | 68,522 | 630 | |
Pharmagest Inter@ctive | 6,098 | 626 | |
Albioma SA Loyalty Shares 2021 | 12,628 | 589 | |
Carmila SA | 72,125 | 558 | |
Mercialys SA | 110,218 | 528 | |
Vilmorin & Cie SA | 9,910 | 518 | |
Bonduelle SCA | 23,591 | 509 | |
Derichebourg SA | 172,827 | 508 | |
* | Lisi | 30,424 | 492 |
* | Manitou BF SA | 22,994 | 455 |
*,^ | Eramet SA | 15,713 | 417 |
*,^,1 | X-Fab Silicon Foundries SE | 99,079 | 369 |
* | Akka Technologies | 19,919 | 364 |
Guerbet | 9,852 | 333 | |
Akwel | 15,808 | 286 | |
Boiron SA | 5,440 | 243 | |
Jacquet Metals SA | 19,038 | 220 | |
* | DBV Technologies SA | 69,891 | 202 |
* | GL Events | 22,959 | 187 |
*,^ | Vallourec SA | 13,215 | 184 |
Albioma SA (XPAR) | 3,777 | 176 | |
*,1 | Smcp SA | 44,696 | 175 |
*,§ | Bourbon Corp. | 37,237 | 159 |
* | Rallye SA | 41,648 | 158 |
* | Etablissements Maurel et Prom SA | 100,373 | 140 |
Union Financiere de France BQE SA | 5,993 | 128 | |
*,^,1 | Europcar Mobility Group | 183,181 | 120 |
2,473,829 | |||
Germany (14.2%) | |||
SAP SE | 1,995,379 | 212,878 | |
Siemens AG | 1,359,529 | 159,496 | |
Allianz SE | 738,652 | 130,118 | |
* | adidas AG | 341,980 | 101,605 |
BASF Se | 1,627,322 | 89,110 | |
Deutsche Telekom AG | 5,740,863 | 87,255 | |
Bayer AG | 1,748,074 | 82,144 | |
Deutsche Post AG | 1,737,534 | 77,039 | |
Daimler AG | 1,432,297 | 74,034 |
5 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Infineon Technologies AG | 2,313,042 | 64,398 | |
Vonovia SE | 1,006,943 | 64,307 | |
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 249,187 | 58,404 | |
Deutsche Boerse AG | 326,420 | 48,100 | |
Volkswagen AG Preference Shares | 326,458 | 47,554 | |
RWE AG | 1,120,474 | 41,467 | |
E.ON Se | 3,851,776 | 40,113 | |
Bayerische Motoren Werke AG | 573,152 | 39,169 | |
Merck KGaA | 229,813 | 34,043 | |
* | Deutsche Bank AG | 3,633,451 | 33,577 |
Henkel AG & Co. KGaA Preference Shares | 328,417 | 31,959 | |
Deutsche Wohnen SE | 616,429 | 31,113 | |
*,1 | Delivery Hero SE | 251,619 | 28,885 |
Symrise AG Class A | 224,395 | 27,670 | |
Fresenius Medical Care AG & Co. KGaA | 361,068 | 27,572 | |
Fresenius SE & Co. KGaA | 717,554 | 26,617 | |
*,1 | Zalando SE | 285,003 | 26,541 |
Sartorius AG Preference Shares | 60,832 | 25,749 | |
Continental AG | 191,958 | 20,396 | |
Beiersdorf AG | 177,314 | 18,567 | |
* | QIAGEN NV | 388,236 | 18,436 |
Brenntag AG | 274,899 | 17,571 | |
LEG Immobilien AG | 122,729 | 16,587 | |
MTU Aero Engines AG | 93,906 | 16,051 | |
Hannover Rueck SE | 106,657 | 15,500 | |
1 | Covestro AG | 320,146 | 15,279 |
HeidelbergCement AG | 263,769 | 15,086 | |
* | Siemens Energy AG | 675,365 | 14,788 |
1 | Scout24 AG | 182,381 | 14,714 |
Porsche Automobil Holding SE Preference Shares | 272,928 | 14,622 | |
Henkel AG & Co. KGaA | 160,875 | 14,544 | |
* | Puma SE | 161,234 | 14,115 |
Knorr-Bremse AG | 117,503 | 13,610 | |
* | HelloFresh SE | 250,393 | 13,380 |
*,1 | TeamViewer AG | 256,279 | 11,296 |
1 | Siemens Healthineers AG | 250,441 | 10,751 |
GEA Group AG | 294,259 | 9,800 | |
KION Group AG | 125,078 | 9,746 | |
* | Aroundtown SA | 1,913,122 | 9,177 |
* | Commerzbank AG | 1,857,938 | 8,794 |
Volkswagen AG | 55,910 | 8,698 | |
Carl Zeiss Meditec AG | 64,941 | 8,391 | |
Bechtle AG | 48,589 | 8,344 | |
Evonik Industries AG | 340,947 | 8,209 | |
LAXNESS AG | 148,963 | 7,555 | |
Nemetschek SE | 95,648 | 6,926 | |
United Internet AG | 192,236 | 6,741 | |
TAG Immobilien AG | 223,763 | 6,594 | |
Fuchs Petrolub SE Preference Shares | 124,067 | 6,386 | |
*,^ | Evotec SE | 238,890 | 6,313 |
* | MorphoSys AG | 57,854 | 5,897 |
Uniper SE | 196,717 | 5,876 | |
Gerresheimer AG | 55,741 | 5,603 | |
Rheinmetall AG | 76,610 | 5,599 | |
Bayerische Motoren Werke AG Preference Shares | 98,005 | 5,067 | |
* | CTS Eventim AG & Co. KGaA | 104,220 | 4,620 |
* | Dialog Semiconductor plc | 120,521 | 4,595 |
Grand City Properties SA | 200,568 | 4,553 | |
*,^ | Deutsche Lufthansa AG | 529,773 | 4,532 |
Rational AG | 5,890 | 4,418 | |
alstria office REIT-AG | 315,246 | 4,013 | |
Freenet AG | 226,212 | 4,008 | |
Aurubis AG | 62,495 | 3,998 | |
*,^ | thyssenkrupp AG | 828,660 | 3,955 |
6 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
CompuGroup Medical SE & Co. KgaA | 43,987 | 3,779 | |
* | Hypoport SE | 7,049 | 3,691 |
Siltronic AG | 37,207 | 3,521 | |
* | Hella GmbH & Co. KGaA | 79,435 | 3,468 |
^ | Encavis AG | 167,375 | 3,280 |
* | Fielmann AG | 42,801 | 3,242 |
*,^ | Varta AG | 25,420 | 3,195 |
*,^ | Stroeer SE & Co. KGaA | 44,013 | 3,182 |
Software AG | 86,902 | 3,118 | |
* | ProSiebenSat.1 Media SE | 278,954 | 3,113 |
Jungheinrich AG Preference Shares | 84,726 | 3,080 | |
* | OSRAM Licht AG | 51,963 | 3,050 |
Telefonica Deutschland Holding AG | 1,200,034 | 3,027 | |
Metro AG | 300,456 | 2,942 | |
*,1 | ADLER Group SA | 111,405 | 2,801 |
Talanx AG | 93,735 | 2,763 | |
Wacker Chemie AG | 27,174 | 2,622 | |
CANCOM SE | 64,512 | 2,550 | |
* | RTL Group SA | 66,418 | 2,524 |
Hochtief AG | 34,226 | 2,518 | |
1 | Befesa SA | 60,502 | 2,492 |
Stabilus SA | 43,645 | 2,474 | |
Duerr AG | 85,961 | 2,472 | |
Hugo Boss AG | 104,377 | 2,393 | |
*,^ | Fraport AG Frankfurt Airport Services Worldwide | 64,483 | 2,332 |
^ | K&S AG | 335,924 | 2,251 |
FUCHS PETROLUB SE | 57,960 | 2,222 | |
Jenoptik AG | 88,712 | 2,189 | |
* | Aixtron Se | 190,299 | 2,143 |
Pfeiffer Vacuum Technology AG | 11,701 | 2,134 | |
*,1 | DWS Group GmbH & Co. KGaA | 61,716 | 2,092 |
Suedzucker AG | 140,345 | 2,020 | |
* | Sixt SE | 26,435 | 1,997 |
* | Aareal Bank AG | 108,491 | 1,875 |
^ | Grenke AG | 47,362 | 1,849 |
STRATEC SE | 12,571 | 1,845 | |
Norma Group SE | 57,767 | 1,793 | |
* | Zooplus AG | 11,079 | 1,776 |
* | Nordex SE | 121,643 | 1,753 |
* | Rocket Internet SE Tendered Line | 80,548 | 1,742 |
Patrizia AG | 76,402 | 1,739 | |
*,1 | Shop Apotheke Europe NV | 10,471 | 1,737 |
1&1 Drillisch AG | 81,364 | 1,714 | |
Traton SE | 88,173 | 1,713 | |
*,^ | S&T AG | 86,379 | 1,563 |
TUI AG (XETR) | 383,129 | 1,504 | |
Dermapharm Holding SE | 30,400 | 1,476 | |
Krones AG | 25,635 | 1,465 | |
* | Ceconomy AG | 321,018 | 1,420 |
Hornbach Holding AG & Co. KGaA | 14,720 | 1,417 | |
KWS Saat SE & Co. KGaA | 18,673 | 1,375 | |
*,1 | Deutsche Pfandbriefbank AG | 223,936 | 1,369 |
New Work SE | 5,138 | 1,341 | |
* | Deutsche EuroShop AG | 92,822 | 1,172 |
Sixt SE Preference Shares | 24,546 | 1,162 | |
* | Deutz AG | 223,689 | 1,149 |
DIC Asset AG | 90,840 | 1,046 | |
* | Salzgitter AG | 67,430 | 981 |
^ | Bilfinger SE | 51,490 | 944 |
Indus Holding AG | 31,547 | 933 | |
Schaeffler AG Preference Shares | 136,300 | 830 | |
* | Washtec AG | 17,763 | 786 |
BayWa AG | 25,296 | 782 | |
* | Wacker Neuson SE | 42,152 | 775 |
7 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Hamburger Hafen und Logistik AG | 42,424 | 711 | |
^ | Draegerwerk AG & Co. KGaA Preference Shares | 8,752 | 703 |
* | SMA Solar Technology AG | 16,042 | 695 |
* | Kloeckner & Co. SE | 122,951 | 691 |
* | Takkt AG | 60,484 | 643 |
Deutsche Beteiligungs AG | 19,463 | 634 | |
Wuestenrot & Wuerttembergische AG | 36,445 | 606 | |
* | Vossloh AG | 15,600 | 570 |
*,^ | ElringKlinger AG | 52,110 | 527 |
Hornbach Baumarkt AG | 12,802 | 506 | |
* | Koenig & Bauer AG | 24,370 | 503 |
CropEnergies AG | 31,069 | 423 | |
TLG Immobilien AG | 21,989 | 393 | |
Draegerwerk AG & Co. KGaA | 4,504 | 322 | |
Bertrandt AG | 9,339 | 320 | |
*,^ | SGL Carbon SE | 94,091 | 300 |
*,^ | Corestate Capital Holding SA | 18,094 | 263 |
2,307,131 | |||
Ireland (0.7%) | |||
CRH plc (XDUB) | 1,016,262 | 35,561 | |
Kerry Group plc Class A | 273,237 | 32,707 | |
* | Kingspan Group plc | 267,259 | 23,324 |
* | Stars Group Inc. | 207,285 | 8,083 |
* | Bank of Ireland Group plc | 1,647,781 | 4,089 |
Glanbia plc | 351,938 | 3,348 | |
* | AIB Group plc | 1,420,568 | 1,607 |
Hibernia REIT plc | 1,175,792 | 1,422 | |
* | C&C Group plc (XDUB) | 536,644 | 1,125 |
* | Cairn Homes plc | 1,159,970 | 1,059 |
* | Irish Continental Group plc | 269,922 | 991 |
* | Dalata Hotel Group plc | 329,775 | 929 |
*,^,§ | Irish Bank Resolution Corp. Ltd. | 2,503,596 | — |
114,245 | |||
Italy (3.7%) | |||
Enel SPA | 13,821,428 | 109,888 | |
* | Intesa Sanpaolo SPA (Registered) | 27,582,005 | 45,789 |
Ferrari NV | 216,018 | 38,536 | |
Eni SPA | 4,328,343 | 30,321 | |
Assicurazioni Generali SPA | 2,242,002 | 30,075 | |
* | UniCredit SPA | 3,794,322 | 28,417 |
* | Fiat Chrysler Automobiles NV | 1,954,477 | 23,977 |
Snam SPA | 3,875,584 | 18,898 | |
Terna Rete Elettrica Nazionale SPA | 2,469,826 | 16,676 | |
* | FinecoBank Banca Fineco SPA | 1,081,197 | 14,845 |
* | Moncler SPA | 340,742 | 13,634 |
* | CNH Industrial NV | 1,728,130 | 13,399 |
* | Atlantia SPA | 872,673 | 13,396 |
Prysmian SPA | 424,050 | 11,540 | |
Davide Campari-Milano NV | 995,973 | 10,409 | |
*,1 | Nexi SPA | 665,004 | 10,237 |
Mediobanca Banca di Credito Finanziario SPA | 1,365,168 | 9,692 | |
EXOR NV | 185,317 | 9,642 | |
Recordati Industria Chimica e Farmaceutica SPA | 171,448 | 8,889 | |
DiaSorin SPA | 39,891 | 8,757 | |
* | Amplifon SPA | 216,649 | 7,877 |
Telecom Italia SPA (Registered) | 22,794,171 | 7,743 | |
1 | Poste Italiane SPA | 812,488 | 6,633 |
1 | Infrastrutture Wireless Italiane SPA | 573,425 | 6,194 |
Interpump Group SPA | 141,308 | 5,337 | |
Italgas SPA | 863,214 | 4,988 | |
* | Banco BPM SPA | 2,611,806 | 4,731 |
Reply SPA | 40,067 | 4,305 | |
Tenaris SA | 833,019 | 3,975 | |
Hera SPA | 1,237,975 | 3,889 |
8 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Azimut Holding SPA | 214,770 | 3,620 | |
* | De' Longhi SPA | 112,619 | 3,602 |
A2A SpA | 2,719,937 | 3,454 | |
^ | Leonardo SPA | 706,000 | 3,366 |
Banca Mediolanum SPA | 461,474 | 3,153 | |
* | Unipol Gruppo SPA | 845,761 | 3,085 |
*,^ | IMA Industria Macchine Automatiche SPA | 37,668 | 2,964 |
*,^,1 | Pirelli & C SPA | 701,514 | 2,925 |
* | Banca Generali SPA | 99,643 | 2,837 |
Buzzi Unicem SPA | 130,966 | 2,834 | |
* | Freni Brembo SPA | 261,669 | 2,719 |
Telecom Italia SPA (Bearer) | 7,337,187 | 2,671 | |
Iren SPA | 1,149,278 | 2,608 | |
* | Cerved Group SPA | 337,920 | 2,391 |
ERG SPA | 98,743 | 2,236 | |
UnipolSai Assicurazioni SPA | 896,966 | 2,083 | |
* | Astm SpA | 109,787 | 2,043 |
* | BPER Banca | 1,718,357 | 2,042 |
1 | Anima Holding SPA | 472,857 | 1,772 |
* | Brunello Cucinelli SPA | 58,833 | 1,767 |
^ | Saipem SPA | 961,282 | 1,694 |
*,^,1 | Technogym SPA | 218,221 | 1,623 |
* | Salvatore Ferragamo SPA | 122,306 | 1,578 |
1 | Enav SPA | 454,441 | 1,577 |
ACEA SPA | 78,657 | 1,562 | |
* | Banca Popolare di Sondrio SCPA | 790,884 | 1,390 |
* | Societa Cattolica di Assicurazioni SC | 279,225 | 1,381 |
1 | Carel Industries SPA | 73,563 | 1,368 |
*,1 | Banca Farmafactoring SPA | 253,712 | 1,171 |
Tamburi Investment Partners SPA | 178,152 | 1,111 | |
Falck Renewables SPA | 199,026 | 1,079 | |
1 | RAI Way SPA | 165,423 | 1,008 |
*,1 | doValue SPA | 104,107 | 964 |
*,^ | Mediaset SPA | 562,618 | 957 |
Buzzi Unicem SPA Saving Shares | 66,154 | 938 | |
Piaggio & C SPA | 306,789 | 837 | |
Zignago Vetro SPA | 55,280 | 798 | |
* | MARR SPA | 58,699 | 795 |
* | Autogrill SPA | 211,477 | 793 |
Italmobiliare SPA | 24,410 | 789 | |
*,^ | Juventus Football Club SPA | 895,926 | 762 |
* | CIR SpA-Compagnie Industriali | 1,483,768 | 647 |
Danieli & C Officine Meccaniche SPA Saving Shares | 65,982 | 597 | |
*,^ | Banca Monte dei Paschi di Siena SPA | 446,175 | 539 |
* | Credito Emiliano SPA | 135,614 | 534 |
*,^ | Saras SPA | 1,017,373 | 521 |
Cementir Holding NV | 78,725 | 501 | |
*,^ | Fincantieri SPA | 824,148 | 462 |
* | Biesse SPA | 24,834 | 429 |
^ | Datalogic SPA | 37,192 | 428 |
^ | Webuild SPA | 370,635 | 397 |
^ | Danieli & C Officine Meccaniche SPA | 27,279 | 391 |
*,^ | Tod's SPA | 17,910 | 377 |
*,^ | Maire Tecnimont SPA | 273,076 | 370 |
Immobiliare Grande Distribuzione SIIQ SPA | 116,155 | 338 | |
* | Banca IFIS SPA | 41,667 | 334 |
* | Arnoldo Mondadori Editore SPA | 241,655 | 311 |
DeA Capital SPA | 154,133 | 180 | |
* | Rizzoli Corriere Della Sera Mediagroup SPA | 199,843 | 106 |
* | Banca Monte dei Paschi di Siena SPA Rights Exp. 11/21/2020 | 446,175 | — |
* | Societa Cattolica di Assicurazioni SC Rights Exp. 11/26/2020 | 279,225 | — |
608,498 | |||
Netherlands (6.9%) | |||
ASML Holding NV | 709,351 | 256,647 |
9 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
^ | Unilever NV | 2,582,338 | 145,577 |
*,1 | Adyen NV | 47,593 | 79,992 |
Prosus NV | 768,066 | 76,681 | |
Koninklijke Philips NV | 1,617,410 | 74,914 | |
Koninklijke Ahold Delhaize NV | 1,908,426 | 52,321 | |
Koninklijke DSM NV | 306,821 | 49,070 | |
* | ING Groep NV | 6,936,532 | 47,514 |
Wolters Kluwer NV | 473,553 | 38,342 | |
Heineken NV | 422,583 | 37,406 | |
Akzo Nobel NV | 339,657 | 32,671 | |
NN Group NV | 553,537 | 19,264 | |
* | ArcelorMittal SA | 1,251,735 | 16,974 |
Koninklijke KPN NV | 5,871,907 | 15,859 | |
Heineken Holding NV | 187,277 | 14,432 | |
ASM International NV | 83,015 | 11,857 | |
IMCD NV | 101,151 | 11,707 | |
* | Galapagos NV | 84,294 | 9,853 |
* | Randstad NV | 195,220 | 9,741 |
Unibail-Rodamco-Westfield | 238,602 | 9,659 | |
Aegon NV | 3,140,503 | 8,448 | |
*,1 | Signify NV | 224,405 | 7,965 |
ASR Nederland NV | 245,261 | 7,443 | |
*,1 | Just Eat Takeaway.com NV (XAMS) | 61,229 | 6,812 |
Koninklijke Vopak NV | 118,676 | 6,164 | |
*,1 | ABN AMRO Bank NV | 739,306 | 6,073 |
Aalberts NV | 171,880 | 5,766 | |
BE Semiconductor Industries NV | 126,579 | 5,100 | |
* | Altice Europe NV | 992,210 | 4,878 |
Corbion NV | 104,401 | 4,742 | |
SBM Offshore NV | 284,533 | 4,598 | |
* | JDE Peet's BV | 110,648 | 3,941 |
* | Arcadis NV | 129,248 | 3,003 |
* | Boskalis Westminster | 143,938 | 2,894 |
* | PostNL NV | 840,916 | 2,789 |
1 | Intertrust NV | 157,987 | 2,450 |
*,1 | GrandVision NV | 87,305 | 2,427 |
TKH Group NV | 74,009 | 2,383 | |
APERAM SA | 82,406 | 2,212 | |
* | OCI NV | 174,477 | 2,089 |
*,1 | Basic-Fit NV | 72,895 | 1,769 |
1 | Flow Traders | 50,364 | 1,651 |
* | Accell Group NV | 38,611 | 1,043 |
NSI NV | 32,581 | 1,029 | |
Eurocommercial Properties NV | 85,715 | 936 | |
AMG Advanced Metallurgical Group NV | 49,557 | 892 | |
* | Sligro Food Group NV | 59,870 | 857 |
* | TomTom NV | 121,702 | 818 |
Vastned Retail NV | 29,666 | 784 | |
^ | Wereldhave NV | 71,554 | 665 |
*,1 | NIBC Holding NV | 73,004 | 629 |
*,^ | Fugro NV | 149,493 | 571 |
*,^ | Koninklijke BAM Groep NV | 427,277 | 529 |
ForFarmers NV | 64,477 | 377 | |
1 | B&S Group Sarl | 43,509 | 286 |
* | Brunel International NV | 33,445 | 237 |
* | Altice Europe NV Class B | 32,580 | 161 |
1,115,892 | |||
Norway (1.3%) | |||
* | DNB SA | 1,855,717 | 25,061 |
Equinor ASA | 1,709,199 | 21,809 | |
Telenor ASA | 1,110,534 | 17,160 | |
Orkla ASA | 1,357,648 | 12,816 | |
Mowi ASA | 756,043 | 11,944 | |
Yara International ASA | 305,094 | 10,677 |
10 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
TOMRA Systems ASA | 208,034 | 8,402 | |
* | Norsk Hydro ASA | 2,378,934 | 6,686 |
* | Schibsted ASA Class B | 173,934 | 6,276 |
* | Adevinta ASA Class B | 402,878 | 6,236 |
Gjensidige Forsikring ASA | 296,922 | 5,658 | |
* | Schibsted ASA Class A | 136,138 | 5,565 |
* | Bakkafrost P/F | 90,596 | 5,183 |
* | Salmar ASA | 92,484 | 4,696 |
1 | Scatec Solar ASA | 210,550 | 4,658 |
* | Nel ASA | 2,369,221 | 4,535 |
* | Storebrand ASA | 834,399 | 4,403 |
1 | Entra ASA | 296,691 | 3,879 |
Aker BP ASA | 193,052 | 3,006 | |
* | Subsea 7 SA | 424,144 | 2,817 |
* | Nordic Semiconductor ASA | 252,365 | 2,655 |
* | SpareBank 1 SR-Bank ASA | 320,714 | 2,558 |
Borregaard ASA | 175,182 | 2,347 | |
* | Veidekke ASA | 195,106 | 2,249 |
Kongsberg Gruppen ASA | 136,629 | 2,220 | |
Leroy Seafood Group ASA | 463,934 | 2,179 | |
* | Norwegian Finans Holding ASA | 280,231 | 2,019 |
SpareBank 1 SMN | 225,210 | 1,943 | |
TGS NOPEC Geophysical Co. ASA | 205,257 | 1,894 | |
Aker ASA | 43,331 | 1,744 | |
* | Atea ASA | 146,187 | 1,698 |
Austevoll Seafood ASA | 152,788 | 1,041 | |
1 | Elkem ASA | 443,395 | 943 |
*,1 | Sbanken ASA | 147,820 | 943 |
Frontline Ltd. | 160,408 | 890 | |
* | Bonheur ASA | 34,710 | 734 |
Grieg Seafood ASA | 101,078 | 715 | |
1 | BW LPG Ltd. | 131,924 | 578 |
Norway Royal Salmon ASA | 25,511 | 548 | |
Sparebank 1 Oestlandet | 46,704 | 418 | |
Stolt-Nielsen Ltd. | 43,810 | 405 | |
* | DNO ASA | 952,872 | 396 |
Wallenius Wilhelmsen ASA | 202,458 | 386 | |
BW Offshore Ltd. | 158,097 | 380 | |
Ocean Yield ASA | 92,989 | 207 | |
* | BW Energy Ltd. | 83,715 | 130 |
* | Borr Drilling Ltd. | 3,037 | 1 |
203,688 | |||
Poland (0.5%) | |||
* | CD Projekt SA | 111,165 | 9,439 |
* | Powszechna Kasa Oszczednosci Bank Polski SA | 1,520,867 | 7,296 |
* | KGHM Polska Miedz SA | 243,687 | 7,292 |
*,1 | Allegro.eu SA | 276,494 | 5,619 |
* | Powszechny Zaklad Ubezpieczen SA | 1,001,260 | 5,472 |
Polski Koncern Naftowy ORLEN SA | 549,366 | 5,295 | |
*,1 | Dino Polska SA | 84,611 | 4,652 |
Polskie Gornictwo Naftowe i Gazownictwo SA | 3,078,861 | 3,247 | |
* | Bank Polska Kasa Opieki SA | 281,088 | 3,008 |
Cyfrowy Polsat SA | 477,602 | 2,981 | |
1 | PLAY Communications SA | 268,386 | 2,633 |
* | LPP SA | 1,514 | 2,008 |
* | Orange Polska SA | 1,189,691 | 1,829 |
* | Santander Bank Polska SA | 51,522 | 1,604 |
Asseco Poland SA | 97,051 | 1,573 | |
* | PGE Polska Grupa Energetyczna SA | 1,286,321 | 1,468 |
Grupa Lotos SA | 175,436 | 1,237 | |
Kernel Holding SA | 91,793 | 894 | |
*,^ | KRUK SA | 30,050 | 854 |
11 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
*,^ | Tauron Polska Energia SA | 1,712,738 | 753 |
* | mBank SA | 23,651 | 692 |
* | Bank Millennium SA | 1,103,398 | 603 |
*,^ | CCC SA | 52,116 | 511 |
Warsaw Stock Exchange | 42,069 | 458 | |
*,^ | AmRest Holdings SE | 129,017 | 449 |
* | Enea SA | 383,835 | 439 |
*,^ | Alior Bank SA | 145,493 | 417 |
* | Eurocash SA | 136,474 | 401 |
* | Grupa Azoty SA | 76,711 | 398 |
* | Bank Handlowy w Warszawie SA | 56,105 | 392 |
* | Jastrzebska Spolka Weglowa SA | 93,949 | 362 |
* | Ciech SA | 49,878 | 328 |
* | Energa SA | 144,677 | 303 |
74,907 | |||
Portugal (0.3%) | |||
EDP - Energias de Portugal SA | 5,007,494 | 24,701 | |
Galp Energia SGPS SA | 914,034 | 7,423 | |
Jeronimo Martins SGPS SA | 436,341 | 6,931 | |
EDP Renovaveis SA | 268,020 | 5,095 | |
REN - Redes Energeticas Nacionais SGPS SA | 678,122 | 1,781 | |
Nos Sgps SA | 401,147 | 1,379 | |
* | Banco Comercial Portugues SA | 14,122,213 | 1,242 |
Sonae SGPS SA | 1,632,090 | 962 | |
Navigator Co. SA | 423,992 | 934 | |
* | CTT-Correios de Portugal SA | 269,349 | 659 |
Corticeira Amorim SGPS SA | 55,219 | 633 | |
Altri SGPS SA | 126,598 | 489 | |
Semapa-Sociedade de Investimento e Gestao | 36,401 | 274 | |
*,^ | Mota-Engil SGPS SA | 157,282 | 201 |
* | Banco Espirito Santo SA | 8,371,877 | — |
52,704 | |||
Spain (3.6%) | |||
* | Iberdrola SA | 10,566,095 | 124,761 |
* | Banco Santander SA | 29,147,862 | 58,371 |
^ | Industria de Diseno Textil SA | 1,867,576 | 46,110 |
1 | Cellnex Telecom SA | 606,562 | 38,936 |
Amadeus IT Group SA | 756,127 | 36,027 | |
Banco Bilbao Vizcaya Argentaria SA | 11,825,621 | 34,119 | |
Telefonica SA | 8,379,382 | 27,259 | |
* | Ferrovial SA | 853,670 | 18,489 |
*,1 | Aena SME SA | 124,986 | 16,840 |
^ | Grifols SA | 587,422 | 15,875 |
* | Repsol SA | 2,519,006 | 15,815 |
Endesa SA | 562,585 | 15,094 | |
Red Electrica Corp. SA | 764,789 | 13,471 | |
CaixaBank SA | 6,366,200 | 11,616 | |
Siemens Gamesa Renewable Energy SA | 399,434 | 11,336 | |
Naturgy Energy Group SA | 535,611 | 9,951 | |
ACS Actividades de Construccion y Servicios SA | 412,859 | 9,814 | |
Enagas SA | 444,452 | 9,593 | |
Viscofan SA | 69,499 | 4,692 | |
Bankinter SA | 1,215,778 | 4,569 | |
Inmobiliaria Colonial Socimi SA | 573,084 | 4,080 | |
Merlin Properties Socimi SA | 584,299 | 3,933 | |
Acciona SA | 37,011 | 3,739 | |
^ | Pharma Mar SA | 24,873 | 3,339 |
Ebro Foods SA | 138,016 | 3,090 | |
Banco de Sabadell SA | 9,936,219 | 3,041 | |
Mapfre SA | 1,779,580 | 2,685 | |
Bankia SA | 2,149,105 | 2,644 | |
* | Acerinox SA | 302,714 | 2,403 |
* | Solaria Energia y Medio Ambiente SA | 107,244 | 2,087 |
Fluidra SA | 111,225 | 2,010 |
12 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Applus Services SA | 254,778 | 1,997 |
Zardoya Otis SA | 320,168 | 1,956 | |
Faes Farma SA | 512,468 | 1,931 | |
Cia de Distribucion Integral Logista Holdings SA | 108,572 | 1,833 | |
CIE Automotive SA | 90,315 | 1,768 | |
1 | Euskaltel SA | 174,741 | 1,661 |
*,1 | Neinor Homes SA | 127,071 | 1,534 |
Almirall SA | 125,669 | 1,344 | |
* | Indra Sistemas SA | 223,494 | 1,340 |
*,^ | Sacyr SA | 630,198 | 1,072 |
* | Construcciones y Auxiliar de Ferrocarriles SA | 32,196 | 1,020 |
Prosegur Cia de Seguridad SA | 420,482 | 963 | |
* | Mediaset Espana Comunicacion SA | 277,132 | 927 |
*,1 | Unicaja Banco SA | 1,346,984 | 862 |
^,1 | Gestamp Automocion SA | 264,293 | 808 |
*,^ | Melia Hotels International SA | 197,698 | 733 |
1 | Global Dominion Access SA | 191,156 | 680 |
*,1 | Aedas Homes SA | 33,569 | 664 |
* | Liberbank SA | 2,347,636 | 628 |
1 | Prosegur Cash SA | 701,716 | 543 |
*,^ | Promotora de Informaciones SA | 712,144 | 532 |
*,^ | Ence Energia y Celulosa SA | 218,237 | 487 |
*,1 | Metrovacesa SA | 83,061 | 468 |
*,^ | Tecnicas Reunidas SA | 55,109 | 442 |
*,^ | Distribuidora Internacional de Alimentacion SA | 3,071,785 | 403 |
Atresmedia Corp. de Medios de Comunicacion SA | 148,376 | 389 | |
Lar Espana Real Estate Socimi SA | 97,992 | 349 | |
*,^ | NH Hotel Group SA | 46,535 | 116 |
583,239 | |||
Sweden (6.1%) | |||
Telefonaktiebolaget LM Ericsson Class B | 5,323,228 | 59,431 | |
Investor AB Class B | 926,301 | 55,522 | |
* | Volvo AB Class B | 2,682,087 | 52,132 |
Atlas Copco AB Class A | 1,119,068 | 49,397 | |
Assa Abloy AB Class B | 1,629,702 | 34,929 | |
* | Sandvik AB | 1,913,861 | 34,115 |
* | Hexagon AB Class B | 453,156 | 33,215 |
^ | Essity AB Class B | 1,079,850 | 31,254 |
* | Swedbank AB Class A | 1,781,988 | 27,898 |
Atlas Copco AB Class B | 671,930 | 25,746 | |
Hennes & Mauritz AB Class B | 1,556,146 | 25,300 | |
* | Skandinaviska Enskilda Banken AB Class A | 2,584,982 | 22,182 |
* | Svenska Handelsbanken AB Class A | 2,666,635 | 21,607 |
Swedish Match AB | 272,154 | 20,461 | |
^ | Telia Co. AB | 4,575,011 | 17,505 |
* | Kinnevik AB | 426,709 | 17,473 |
1 | Evolution Gaming Group AB | 235,312 | 17,453 |
Epiroc AB Class A | 1,130,493 | 16,880 | |
* | Svenska Cellulosa AB SCA Class B | 1,095,432 | 14,817 |
SKF AB | 682,223 | 13,966 | |
Boliden AB | 486,619 | 13,270 | |
* | Nibe Industrier AB Class B | 534,051 | 12,859 |
^ | Skanska AB Class B | 635,157 | 11,913 |
* | Alfa Laval AB | 558,556 | 11,345 |
Tele2 AB | 951,345 | 11,228 | |
* | Industrivarden AB Class A | 389,701 | 10,469 |
Castellum AB | 478,368 | 9,960 | |
*,^ | Electrolux AB Class B | 410,483 | 9,256 |
Epiroc AB Class B | 646,432 | 9,254 | |
* | Indutrade AB | 165,955 | 8,402 |
* | Fastighets AB Balder Class B | 172,699 | 8,128 |
Getinge AB | 397,122 | 7,776 | |
* | Securitas AB Class B | 547,430 | 7,728 |
Husqvarna AB | 724,656 | 7,472 |
13 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Elekta AB Class B | 636,702 | 7,447 | |
* | Trelleborg AB Class B | 430,640 | 7,166 |
* | Industrivarden AB Class C | 278,612 | 7,114 |
Investor AB Class A | 118,118 | 7,063 | |
EQT AB | 359,471 | 6,830 | |
*,1 | Sinch AB | 71,417 | 6,780 |
* | Volvo AB Class A | 336,528 | 6,533 |
Holmen AB | 171,585 | 6,498 | |
ICA Gruppen AB | 136,866 | 6,479 | |
Lundin Energy AB | 336,562 | 6,434 | |
*,1 | Thule Group AB | 185,410 | 6,066 |
Sweco AB Class B | 118,395 | 5,958 | |
* | L E Lundbergforetagen AB Class B | 131,724 | 5,920 |
Fabege AB | 468,685 | 5,918 | |
Lifco AB Class B | 80,730 | 5,910 | |
* | AAK AB | 300,368 | 5,846 |
*,1 | Dometic Group AB | 529,093 | 5,719 |
* | Swedish Orphan Biovitrum AB | 314,260 | 5,420 |
^ | Investment AB Latour Class B | 212,319 | 4,951 |
BillerudKorsnas AB | 310,917 | 4,857 | |
^ | Samhallsbyggnadsbolaget i Norden AB Ordinary Shares | 1,665,921 | 4,585 |
Axfood AB | 184,865 | 4,297 | |
Wihlborgs Fastigheter AB | 234,244 | 4,222 | |
* | Nordic Entertainment Group AB Class B | 115,181 | 4,112 |
Avanza Bank Holding AB | 215,863 | 4,111 | |
1 | Bravida Holding AB | 353,614 | 4,077 |
* | AF POYRY AB | 172,752 | 3,947 |
* | Hexpol AB | 435,586 | 3,836 |
Wallenstam AB | 288,158 | 3,820 | |
* | Saab AB Class B | 163,142 | 3,743 |
AddTech AB | 336,970 | 3,724 | |
Beijer Ref AB Class B | 128,413 | 3,555 | |
Jm Ab | 122,671 | 3,543 | |
* | Peab AB Class B | 350,063 | 3,240 |
* | SSAB AB Class B | 1,130,994 | 3,051 |
* | NetEnt AB | 318,741 | 3,023 |
* | Loomis AB Class B | 132,723 | 2,960 |
^ | Intrum AB | 120,537 | 2,946 |
Kungsleden AB | 340,651 | 2,891 | |
* | Sectra AB Class B | 46,538 | 2,836 |
Bure Equity AB | 97,111 | 2,818 | |
Arjo AB | 395,980 | 2,815 | |
* | Vitrolife AB | 111,759 | 2,719 |
NCC AB Class B | 163,539 | 2,606 | |
Mycronic AB | 123,079 | 2,597 | |
* | Nolato AB Class B | 31,041 | 2,582 |
* | Nyfosa AB | 306,647 | 2,535 |
Hufvudstaden AB Class A | 191,785 | 2,504 | |
* | Biotage AB | 115,694 | 1,927 |
Lindab International AB | 120,378 | 1,858 | |
* | Bilia AB | 139,692 | 1,858 |
^ | Klovern AB | 1,209,687 | 1,843 |
Catena AB | 43,805 | 1,783 | |
*,^ | Hansa Biopharma AB | 65,269 | 1,740 |
* | Betsson AB | 207,427 | 1,581 |
* | Modern Times Group MTG AB Class B | 118,271 | 1,575 |
* | Pandox AB Class B | 153,761 | 1,535 |
* | Electrolux Professional AB Class B | 404,053 | 1,523 |
*,1 | Munters Group AB | 186,064 | 1,385 |
Atrium Ljungberg AB | 83,613 | 1,351 | |
^ | Ratos AB | 349,723 | 1,274 |
* | Nobia AB | 206,861 | 1,247 |
* | Bonava AB | 155,951 | 1,212 |
*,1 | Resurs Holding AB | 260,849 | 1,193 |
14 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Concentric AB | 63,482 | 1,052 |
* | SSAB AB Class A | 350,820 | 1,018 |
Dios Fastigheter AB | 140,595 | 984 | |
* | Karo Pharma AB | 134,815 | 961 |
* | Cloetta AB | 391,047 | 919 |
^ | Telefonaktiebolaget LM Ericsson Class A | 72,523 | 866 |
*,1 | Attendo AB | 188,429 | 863 |
SkiStar AB | 70,104 | 786 | |
* | Mekonomen AB | 77,078 | 747 |
Investment AB Oresund | 52,839 | 699 | |
Sagax AB | 198,963 | 693 | |
* | Adapteo Oyj | 74,914 | 688 |
Klovern AB Preference Shares | 18,666 | 658 | |
^ | Clas Ohlson AB | 70,639 | 625 |
*,^,1 | Scandic Hotels Group AB | 234,904 | 596 |
* | SAS AB | 3,044,520 | 335 |
*,^ | Svenska Handelsbanken AB Class B | 34,318 | 331 |
Samhallsbyggnadsbolaget i Norden AB | 76,576 | 249 | |
*,^ | Collector AB | 121,229 | 196 |
Ncc Ab Class A | 10,104 | 162 | |
Sagax AB Preference Shares | 28,579 | 114 | |
*,^ | SAS AB (XSTO) | 359,322 | 63 |
987,437 | |||
Switzerland (15.6%) | |||
Nestle SA | 4,956,480 | 557,495 | |
Roche Holding AG | 1,261,008 | 405,202 | |
Novartis AG | 3,822,356 | 297,848 | |
Zurich Insurance Group AG | 265,014 | 88,023 | |
Lonza Group AG | 131,821 | 79,872 | |
ABB Ltd. | 3,176,829 | 77,086 | |
UBS Group AG | 5,960,340 | 69,390 | |
Givaudan SA | 16,404 | 66,895 | |
Sika AG | 246,564 | 60,656 | |
Cie Financiere Richemont SA | 906,758 | 56,676 | |
* | Alcon Inc. | 815,437 | 46,360 |
Credit Suisse Group AG | 4,148,317 | 39,124 | |
Geberit AG | 63,210 | 35,977 | |
Swiss Re AG | 498,663 | 35,784 | |
Partners Group Holding AG | 29,276 | 26,357 | |
SGS SA | 10,449 | 26,100 | |
Swisscom AG | 45,217 | 22,997 | |
* | Sonova Holding AG | 93,481 | 22,189 |
Logitech International SA | 260,982 | 21,955 | |
LafargeHolcim Ltd. (XVTX) | 492,520 | 21,139 | |
Swiss Life Holding AG | 56,122 | 18,879 | |
Straumann Holding AG | 17,818 | 18,599 | |
Schindler Holding AG | 70,445 | 18,046 | |
Kuehne & Nagel International AG | 89,382 | 17,864 | |
LafargeHolcim Ltd. (XPAR) | 415,132 | 17,845 | |
Chocoladefabriken Lindt & Spruengli AG (Registered) | 199 | 17,204 | |
Julius Baer Group Ltd. | 384,024 | 17,091 | |
Adecco Group AG | 274,068 | 13,439 | |
Chocoladefabriken Lindt & Spruengli AG | 1,550 | 12,289 | |
Temenos AG | 107,962 | 11,603 | |
Swiss Prime Site AG | 133,397 | 11,223 | |
EMS-Chemie Holding AG | 12,651 | 11,128 | |
Barry Callebaut AG | 5,382 | 11,112 | |
Baloise Holding AG | 80,620 | 11,025 | |
* | SIG Combibloc Group AG | 506,629 | 10,421 |
Vifor Pharma AG | 91,877 | 10,340 | |
Tecan Group AG | 21,092 | 10,009 | |
Swatch Group AG (Bearer) | 46,908 | 9,934 | |
* | ams AG | 453,353 | 9,707 |
PSP Swiss Property AG | 76,416 | 9,241 |
15 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Schindler Holding AG (Registered) | 35,487 | 9,122 | |
1 | VAT Group AG | 45,592 | 8,554 |
Roche Holding AG (Bearer) | 23,815 | 7,673 | |
Georg Fischer AG | 7,263 | 7,336 | |
Sunrise Communications Group AG | 60,008 | 7,192 | |
Clariant AG | 355,044 | 6,091 | |
Belimo Holding AG | 812 | 6,039 | |
Cembra Money Bank AG | 52,510 | 5,834 | |
1 | Galenica AG | 86,357 | 5,446 |
Allreal Holding AG | 25,337 | 5,366 | |
*,^ | Idorsia Ltd. | 199,952 | 5,247 |
Banque Cantonale Vaudoise | 50,146 | 4,859 | |
Helvetia Holding AG | 61,511 | 4,823 | |
* | Flughafen Zurich AG | 33,449 | 4,514 |
Siegfried Holding AG | 7,043 | 4,459 | |
Bucher Industries AG | 11,543 | 4,450 | |
* | Softwareone Holding AG | 172,176 | 4,238 |
DKSH Holding AG | 63,438 | 4,082 | |
Swatch Group AG (Registered) | 99,793 | 4,079 | |
Bachem Holding AG | 9,963 | 4,028 | |
* | Zur Rose Group AG | 13,314 | 3,705 |
^ | Stadler Rail AG | 85,970 | 3,419 |
Mobimo Holding AG | 11,581 | 3,347 | |
Emmi AG | 3,484 | 3,291 | |
BKW AG | 32,489 | 3,227 | |
*,^ | Dufry AG | 83,419 | 3,150 |
Vontobel Holding AG | 49,146 | 3,016 | |
Daetwyler Holding AG | 13,276 | 2,970 | |
SFS Group AG | 30,612 | 2,857 | |
Forbo Holding AG | 1,857 | 2,843 | |
Interroll Holding AG | 972 | 2,612 | |
Inficon Holding AG | 3,444 | 2,529 | |
* | Landis&Gyr Group AG | 44,139 | 2,465 |
^ | dormakaba Holding AG | 5,327 | 2,449 |
OC Oerlikon Corp. AG | 342,241 | 2,382 | |
Conzzeta AG | 2,323 | 2,342 | |
Sulzer AG | 30,779 | 2,253 | |
Valiant Holding AG | 27,909 | 2,239 | |
Schweiter Technologies AG | 1,630 | 2,226 | |
Huber & Suhner AG | 30,108 | 2,171 | |
St. Galler Kantonalbank AG | 4,978 | 2,101 | |
VZ Holding AG | 24,247 | 2,038 | |
Comet Holding AG | 13,237 | 1,861 | |
Kardex Holding AG | 10,439 | 1,843 | |
Berner Kantonalbank AG | 8,090 | 1,841 | |
LEM Holding SA | 812 | 1,472 | |
Burckhardt Compression Holding AG | 5,699 | 1,427 | |
Swissquote Group Holding SA | 15,553 | 1,238 | |
Vetropack Holding AG | 21,364 | 1,192 | |
Intershop Holding AG | 1,922 | 1,179 | |
ALSO Holding AG | 4,723 | 1,105 | |
Liechtensteinische Landesbank AG | 19,333 | 1,091 | |
* | Komax Holding AG | 5,983 | 1,084 |
*,^ | COSMO Pharmaceuticals NV | 12,723 | 1,029 |
*,^ | Basilea Pharmaceutica AG | 19,720 | 958 |
* | Arbonia AG | 80,415 | 893 |
*,1 | Medacta Group SA | 10,477 | 889 |
* | Aryzta AG (XVTX) | 1,678,581 | 842 |
Bell Food Group AG | 3,311 | 839 | |
* | Valora Holding AG | 5,790 | 827 |
Zehnder Group AG | 16,646 | 796 | |
EFG International AG | 140,035 | 759 | |
Bossard Holding AG | 4,638 | 753 | |
* | Ascom Holding AG | 61,795 | 741 |
16 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Ypsomed Holding AG | 5,536 | 688 | |
Leonteq AG | 19,157 | 677 | |
Bobst Group SA | 13,891 | 668 | |
* | Autoneum Holding AG | 5,325 | 659 |
u-blox Holding AG | 11,269 | 566 | |
Implenia AG | 26,698 | 535 | |
* | Hiag Immobilien Holding AG | 5,170 | 524 |
VP Bank AG | 4,123 | 468 | |
Rieter Holding AG | 5,340 | 460 | |
* | GAM Holding AG | 268,957 | 435 |
* | APG SGA SA | 1,825 | 355 |
* | Ina Invest Holding AG | 9,927 | 185 |
*,§ | Aryzta AG (XLON) | 24,200 | 12 |
2,528,079 | |||
United Kingdom (22.8%) | |||
AstraZeneca plc | 2,334,583 | 234,406 | |
* | HSBC Holdings plc | 36,226,329 | 151,810 |
GlaxoSmithKline plc | 8,764,418 | 146,353 | |
Diageo plc | 4,078,404 | 131,806 | |
British American Tobacco plc | 3,896,967 | 123,516 | |
Unilever plc | 1,938,423 | 110,469 | |
Rio Tinto plc | 1,931,202 | 109,232 | |
Reckitt Benckiser Group plc | 1,121,529 | 98,794 | |
BP plc | 35,263,408 | 89,946 | |
Royal Dutch Shell plc Class B | 6,639,492 | 80,068 | |
Royal Dutch Shell plc Class A (XLON) | 6,060,853 | 76,243 | |
National Grid plc | 6,235,955 | 74,180 | |
BHP Group plc | 3,697,989 | 71,639 | |
Vodafone Group plc | 47,626,822 | 63,533 | |
London Stock Exchange Group plc | 559,957 | 60,362 | |
Experian plc | 1,610,060 | 58,983 | |
Prudential plc | 4,636,869 | 56,711 | |
Anglo American plc | 2,187,295 | 51,321 | |
Tesco plc | 17,199,964 | 45,779 | |
* | Lloyds Banking Group plc | 124,978,315 | 45,506 |
Compass Group plc | 3,167,091 | 43,351 | |
* | Barclays plc | 30,710,154 | 42,567 |
* | Ferguson plc | 400,015 | 39,730 |
* | Glencore plc | 19,175,604 | 38,682 |
RELX plc (XAMS) | 1,930,115 | 38,187 | |
SSE plc | 1,847,861 | 30,304 | |
BAE Systems plc | 5,709,534 | 29,349 | |
* | Flutter Entertainment plc | 168,603 | 29,211 |
Ashtead Group plc | 794,689 | 28,718 | |
RELX plc (XLON) | 1,373,171 | 27,172 | |
Smith & Nephew plc | 1,554,717 | 26,996 | |
Imperial Brands plc | 1,674,250 | 26,500 | |
* | Ocado Group plc | 862,641 | 25,439 |
Legal & General Group plc | 10,529,488 | 25,246 | |
Segro plc | 2,113,397 | 24,695 | |
Aviva plc | 6,958,156 | 23,210 | |
* | Rentokil Initial plc | 3,297,858 | 22,453 |
3i Group plc | 1,691,319 | 21,124 | |
* | Standard Chartered plc | 4,587,725 | 20,965 |
Intertek Group plc | 286,767 | 20,656 | |
Halma plc | 672,835 | 20,648 | |
BT Group plc | 15,448,424 | 20,289 | |
Spirax-Sarco Engineering plc | 130,679 | 19,104 | |
Bunzl plc | 598,088 | 18,592 | |
Croda International plc | 220,896 | 17,265 | |
Persimmon plc | 563,644 | 17,065 | |
Next plc | 225,937 | 17,064 | |
WPP plc | 2,104,649 | 16,811 | |
*,1 | Just Eat Takeaway.com NV (XLON) | 150,670 | 16,689 |
17 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | InterContinental Hotels Group plc | 324,145 | 16,470 |
Mondi plc | 859,727 | 16,295 | |
Smurfit Kappa Group plc | 422,943 | 15,958 | |
Sage Group plc | 1,939,391 | 15,957 | |
Royal Dutch Shell plc Class A (XAMS) | 1,191,185 | 15,182 | |
* | Informa plc | 2,650,280 | 14,380 |
CRH plc (XLON) | 397,103 | 13,935 | |
* | Kingfisher plc | 3,741,084 | 13,913 |
Associated British Foods plc | 617,103 | 13,571 | |
United Utilities Group plc | 1,210,685 | 13,534 | |
Severn Trent plc | 425,029 | 13,377 | |
* | Melrose Industries plc | 8,524,043 | 13,223 |
Admiral Group plc | 368,808 | 13,138 | |
* | Natwest Group plc | 8,053,342 | 12,985 |
* | GVC Holdings plc | 1,032,695 | 12,937 |
Polymetal International plc | 601,566 | 12,786 | |
1 | Auto Trader Group plc | 1,678,825 | 12,622 |
Burberry Group plc | 711,897 | 12,503 | |
* | Rightmove plc | 1,538,273 | 12,311 |
Smiths Group plc | 706,633 | 12,175 | |
Standard Life Aberdeen plc | 3,930,219 | 11,452 | |
DCC plc | 175,634 | 11,413 | |
* | Barratt Developments plc | 1,804,751 | 11,281 |
Hargreaves Lansdown plc | 636,580 | 11,176 | |
St. James's Place plc | 937,522 | 10,927 | |
Berkeley Group Holdings plc | 206,905 | 10,879 | |
* | RSA Insurance Group plc | 1,838,838 | 10,098 |
Whitbread plc | 359,011 | 9,996 | |
Hikma Pharmaceuticals plc | 299,024 | 9,722 | |
Pennon Group plc | 749,560 | 9,647 | |
B&M European Value Retail SA | 1,517,565 | 9,524 | |
Johnson Matthey plc | 336,823 | 9,376 | |
Pearson plc | 1,341,601 | 8,864 | |
* | Taylor Wimpey plc | 6,456,880 | 8,847 |
M&G plc | 4,641,018 | 8,828 | |
* | Weir Group plc | 458,957 | 8,526 |
Dechra Pharmaceuticals plc | 185,931 | 8,411 | |
Land Securities Group plc | 1,264,216 | 8,341 | |
Direct Line Insurance Group plc | 2,439,472 | 8,337 | |
* | Howden Joinery Group plc | 1,008,159 | 8,323 |
Wm Morrison Supermarkets plc | 3,931,585 | 8,299 | |
* | DS Smith plc | 2,262,089 | 8,298 |
Phoenix Group Holdings plc | 961,780 | 8,259 | |
Antofagasta plc | 614,955 | 8,200 | |
Coca-Cola HBC AG | 347,009 | 7,882 | |
Games Workshop Group plc | 58,191 | 7,823 | |
J Sainsbury plc | 2,909,175 | 7,594 | |
Intermediate Capital Group plc | 493,652 | 7,498 | |
British Land Co. plc | 1,634,842 | 7,383 | |
JD Sports Fashion plc | 761,003 | 7,321 | |
* | G4S plc | 2,730,734 | 7,201 |
HomeServe plc | 487,624 | 6,988 | |
Electrocomponents plc | 791,377 | 6,948 | |
Schroders plc | 199,343 | 6,753 | |
Bellway plc | 219,620 | 6,645 | |
Spectris plc | 207,000 | 6,644 | |
1 | ConvaTec Group plc | 2,822,308 | 6,607 |
* | William Hill plc | 1,856,001 | 6,592 |
* | Hiscox Ltd. | 598,656 | 6,399 |
IMI plc | 477,133 | 6,398 | |
Tate & Lyle plc | 827,666 | 6,380 | |
IG Group Holdings plc | 643,752 | 6,353 | |
AVEVA Group plc | 112,529 | 6,246 | |
* | ITV plc | 6,648,464 | 6,213 |
18 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Genus plc | 115,701 | 6,149 | |
Derwent London plc | 178,250 | 6,138 | |
* | UNITE Group plc | 567,941 | 6,129 |
* | Travis Perkins plc | 446,223 | 6,129 |
Tritax Big Box REIT plc | 3,016,153 | 6,120 | |
1 | Avast plc | 972,967 | 5,979 |
Rotork plc | 1,546,234 | 5,634 | |
Diploma plc | 194,535 | 5,602 | |
* | Rolls-Royce Holdings plc Rights Exp. 11/11/2020 | 10,253,186 | 5,180 |
British American Tobacco plc ADR | 161,443 | 5,147 | |
1 | Quilter plc | 3,175,571 | 5,042 |
* | Centrica plc | 10,427,316 | 5,022 |
Fresnillo plc | 325,083 | 4,903 | |
* | Meggitt plc | 1,377,091 | 4,880 |
Evraz plc | 1,028,299 | 4,788 | |
Royal Mail plc | 1,622,361 | 4,775 | |
Assura plc | 4,633,753 | 4,575 | |
Britvic plc | 478,318 | 4,571 | |
* | Inchcape plc | 698,935 | 4,483 |
Signature Aviation plc | 1,452,287 | 4,447 | |
Future plc | 170,902 | 4,394 | |
LondonMetric Property plc | 1,567,636 | 4,383 | |
* | Renishaw plc | 60,409 | 4,383 |
Primary Health Properties plc | 2,305,411 | 4,301 | |
Pets at Home Group plc | 853,447 | 4,286 | |
UDG Healthcare plc | 450,826 | 4,237 | |
Grainger plc | 1,166,125 | 4,225 | |
* | IWG plc | 1,286,802 | 4,221 |
Big Yellow Group plc | 288,350 | 4,109 | |
Spirent Communications plc | 1,084,784 | 4,073 | |
Beazley plc | 1,058,028 | 4,034 | |
1 | Countryside Properties plc | 914,317 | 3,993 |
Marks & Spencer Group plc | 3,451,579 | 3,977 | |
Cranswick plc | 93,223 | 3,886 | |
* | Hays plc | 2,756,884 | 3,807 |
Ashmore Group plc | 814,159 | 3,767 | |
Safestore Holdings plc | 361,232 | 3,760 | |
Computacenter plc | 127,252 | 3,759 | |
Close Brothers Group plc | 269,286 | 3,755 | |
* | Serco Group plc | 2,193,173 | 3,666 |
Man Group PLC | 2,592,696 | 3,618 | |
Lancashire Holdings Ltd. | 434,624 | 3,587 | |
Domino's Pizza Group plc | 832,294 | 3,573 | |
Plus500 Ltd. | 185,004 | 3,546 | |
Victrex plc | 146,861 | 3,509 | |
Great Portland Estates plc | 447,961 | 3,349 | |
* | Grafton Group plc | 383,189 | 3,331 |
* | Balfour Beatty plc | 1,202,625 | 3,324 |
* | John Wood Group plc | 1,183,007 | 3,247 |
1 | John Laing Group plc | 887,255 | 3,238 |
Softcat plc | 218,477 | 3,185 | |
KAZ Minerals plc | 388,379 | 3,169 | |
Centamin plc | 1,912,674 | 3,076 | |
Ultra Electronics Holdings plc | 125,392 | 3,059 | |
QinetiQ Group plc | 991,784 | 3,038 | |
* | Marshalls plc | 346,591 | 3,003 |
* | Greggs plc | 178,146 | 2,975 |
IntegraFin Holdings plc | 467,881 | 2,946 | |
*,1 | Trainline plc | 820,721 | 2,926 |
* | Dunelm Group plc | 173,047 | 2,926 |
WH Smith plc | 225,508 | 2,915 | |
Moneysupermarket.com Group plc | 921,881 | 2,912 | |
Synthomer plc | 585,447 | 2,861 | |
*,^ | Rolls-Royce Holdings plc | 3,075,956 | 2,847 |
19 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
AJ Bell plc | 513,212 | 2,801 | |
Bodycote plc | 331,308 | 2,794 | |
*,1 | Wizz Air Holdings plc | 67,235 | 2,783 |
Drax Group plc | 715,695 | 2,741 | |
* | Vistry Group plc | 387,212 | 2,732 |
* | Virgin Money UK plc | 2,238,019 | 2,714 |
Carnival plc | 236,262 | 2,671 | |
* | OneSavings Bank plc | 656,434 | 2,619 |
easyJet plc | 396,092 | 2,597 | |
* | Pagegroup plc | 560,504 | 2,597 |
Mediclinic International plc | 704,745 | 2,581 | |
* | Savills plc | 238,760 | 2,572 |
Avon Rubber plc | 50,203 | 2,557 | |
*,1 | Ascential plc | 694,262 | 2,486 |
TP ICAP plc | 996,797 | 2,468 | |
International Consolidated Airlines Group SA (London Shares) | 1,962,111 | 2,454 | |
Aggreko plc | 417,971 | 2,382 | |
^ | Shaftesbury plc | 400,741 | 2,362 |
*,1 | Network International Holdings plc | 823,021 | 2,362 |
* | Playtech plc | 535,277 | 2,360 |
* | AO World plc | 498,949 | 2,340 |
Jupiter Fund Management plc | 769,485 | 2,318 | |
SSP Group plc | 949,289 | 2,299 | |
Dixons Carphone plc | 1,830,492 | 2,282 | |
Daily Mail & General Trust plc | 257,439 | 2,254 | |
* | Polypipe Group plc | 376,571 | 2,242 |
Investec plc | 1,198,279 | 2,230 | |
Hill & Smith Holdings plc | 141,944 | 2,208 | |
* | Redrow plc | 401,124 | 2,163 |
Gamesys Group plc | 138,124 | 2,080 | |
Euromoney Institutional Investor plc | 186,162 | 1,987 | |
FDM Group Holdings plc | 151,681 | 1,958 | |
Sanne Group plc | 248,517 | 1,953 | |
Workspace Group plc | 242,479 | 1,938 | |
* | Oxford Instruments plc | 93,650 | 1,926 |
Telecom Plus plc | 111,381 | 1,918 | |
Vesuvius plc | 370,045 | 1,914 | |
Rathbone Brothers plc | 101,380 | 1,908 | |
* | Coats Group plc | 2,566,628 | 1,889 |
* | Cairn Energy plc | 1,037,794 | 1,866 |
* | Indivior plc | 1,302,038 | 1,860 |
* | National Express Group plc | 949,756 | 1,842 |
* | Petropavlovsk plc | 5,318,308 | 1,842 |
1 | Hastings Group Holdings plc | 551,475 | 1,782 |
RHI Magnesita NV | 52,585 | 1,745 | |
Capital & Counties Properties plc | 1,284,976 | 1,742 | |
Chemring Group plc | 510,217 | 1,727 | |
Paragon Banking Group plc | 441,874 | 1,696 | |
888 Holdings plc | 486,695 | 1,691 | |
* | Morgan Advanced Materials plc | 518,988 | 1,682 |
Brewin Dolphin Holdings plc | 527,523 | 1,660 | |
* | Frasers Group plc | 338,213 | 1,641 |
* | J D Wetherspoon plc | 145,049 | 1,621 |
Sirius Real Estate Ltd. | 1,699,422 | 1,619 | |
Kainos Group plc | 99,467 | 1,595 | |
* | Ninety One plc | 573,885 | 1,543 |
^ | TUI AG (XLON) | 389,124 | 1,528 |
^ | TalkTalk Telecom Group plc | 1,200,725 | 1,497 |
^ | Hammerson plc | 6,987,916 | 1,476 |
*,1 | McCarthy & Stone plc | 967,131 | 1,471 |
* | Vectura Group plc | 1,097,874 | 1,465 |
* | Essentra plc | 455,525 | 1,454 |
*,1 | Ibstock plc | 691,034 | 1,437 |
1 | Airtel Africa plc | 1,768,586 | 1,414 |
20 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Provident Financial plc | 463,897 | 1,397 |
St. Modwen Properties plc | 316,304 | 1,359 | |
* | Hochschild Mining plc | 452,167 | 1,290 |
* | Micro Focus International plc | 458,097 | 1,285 |
* | Crest Nicholson Holdings plc | 451,943 | 1,285 |
Babcock International Group plc | 443,776 | 1,250 | |
Ferrexpo plc | 504,988 | 1,246 | |
* | Energean plc | 177,265 | 1,190 |
* | Firstgroup plc | 2,189,709 | 1,165 |
UK Commercial Property REIT Ltd. | 1,296,831 | 1,146 | |
Clarkson plc | 43,843 | 1,142 | |
NCC Group plc | 467,107 | 1,109 | |
Halfords Group plc | 352,973 | 1,100 | |
*,1 | Watches of Switzerland Group plc | 211,582 | 1,084 |
Redde Northgate plc | 449,280 | 1,034 | |
* | Just Group plc | 1,887,465 | 1,030 |
* | Elementis plc | 1,043,035 | 1,005 |
PZ Cussons plc | 328,724 | 987 | |
*,1 | TI Fluid Systems plc | 396,159 | 986 |
* | Capita plc | 3,023,416 | 966 |
Greencore Group plc | 809,187 | 947 | |
* | AG Barr plc | 151,097 | 923 |
*,^,1 | Aston Martin Lagonda Global Holdings plc | 1,281,599 | 902 |
Keller Group plc | 132,072 | 869 | |
1 | CMC Markets plc | 194,601 | 845 |
* | Mitchells & Butlers plc | 401,745 | 816 |
* | Bank of Georgia Group plc | 68,948 | 802 |
Helical plc | 179,848 | 792 | |
Picton Property Income Ltd. | 978,100 | 790 | |
*,1 | Equiniti Group plc | 580,341 | 776 |
* | TBC Bank Group plc | 64,953 | 774 |
Mitie Group plc | 2,112,401 | 770 | |
BMO Commercial Property Trust Ltd. | 929,151 | 740 | |
1 | Spire Healthcare Group plc | 478,517 | 738 |
GoCo Group plc | 555,166 | 693 | |
Marston's plc | 1,103,575 | 691 | |
* | Petrofac Ltd. | 441,290 | 680 |
*,^ | Tullow Oil plc | 2,555,358 | 670 |
^ | Cineworld Group plc | 1,750,727 | 648 |
Devro plc | 306,739 | 600 | |
* | Go-Ahead Group plc | 76,322 | 579 |
* | Calisen plc | 249,334 | 552 |
* | Senior plc | 762,257 | 542 |
* | Restaurant Group plc | 984,722 | 517 |
Redefine International plc | 448,848 | 516 | |
Hunting plc | 263,356 | 476 | |
*,^ | SIG plc | 1,309,909 | 407 |
*,^ | Micro Focus International plc ADR | 131,091 | 376 |
Rank Group plc | 315,864 | 369 | |
Stagecoach Group plc | 730,841 | 360 | |
1 | Alfa Financial Software Holdings plc | 163,605 | 288 |
*,^,1 | Funding Circle Holdings plc | 279,345 | 287 |
*,^ | Premier Oil plc | 1,506,093 | 222 |
*,1 | Bakkavor Group plc | 272,122 | 208 |
Saga plc | 74,782 | 134 | |
* | C&C Group plc (XLON) | 26,155 | 55 |
*,§,1 | Finablr plc | 304,209 | 43 |
*,^,§ | Intu Properties plc | 1,544,041 | 36 |
* | Shaftesbury plc Rights Exp. 11/11/2020 | 48,365 | 34 |
Renewi plc | 8,832 | 2 | |
*,§ | Carillion plc | 1,000,411 | — |
21 |
Vanguard® European Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
*,§ | NMC Health plc | 157,105 | — |
3,710,613 | |||
Total Common Stocks (Cost $21,614,066) | 16,122,647 |
Coupon | |||||
Temporary Cash Investments (2.6%) | |||||
Money Market Fund (2.5%) | |||||
2,3 | Vanguard Market Liquidity Fund | 0.112% | 4,039,814 | 403,981 |
Maturity Date | Face Amount ($000) | ||||
U.S. Government and Agency Obligations (0.1%) | |||||
4 | United States Cash Management Bill | 0.145% | 12/15/20 | 20,000 | 19,998 |
4 | United States Treasury Bill | 0.109% | 12/31/20 | 970 | 970 |
4 | United States Treasury Bill | 0.095% | 1/28/21 | 518 | 518 |
21,486 | |||||
Total Temporary Cash Investments (Cost $425,466) | 425,467 | ||||
Total Investments (101.8%) (Cost $22,039,532) | 16,548,114 | ||||
Other Assets and Liabilities—Net (-1.8%) | (294,356) | ||||
Net Assets (100%) | 16,253,758 |
Cost is in $000 | |
* | Non-income-producing security. |
^ | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $371,125,000. |
§ | Security value determined using significant unobservable inputs. |
1 | Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At October 31, 2020, the aggregate value of these securities was $599,899,000, representing 3.7% of net assets. |
2 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
3 | Collateral of $399,126,000 was received for securities on loan. |
4 | Securities with a value of $15,271,000 have been segregated as initial margin for open futures contracts. |
ADR—American Depositary Receipt. | |
REIT—Real Estate Investment Trust. |
22 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Common Stocks (99.3%) | |||
Australia (16.1%) | |||
CSL Ltd. | 408,161 | 82,636 | |
Commonwealth Bank of Australia | 1,595,433 | 77,461 | |
BHP Group Ltd. | 2,651,388 | 63,558 | |
Westpac Banking Corp. | 3,248,466 | 41,116 | |
National Australia Bank Ltd. (XASX) | 2,958,620 | 38,708 | |
Australia & New Zealand Banking Group Ltd. | 2,555,996 | 33,920 | |
Wesfarmers Ltd. | 1,017,930 | 32,950 | |
Woolworths Group Ltd. | 1,138,214 | 30,618 | |
Macquarie Group Ltd. | 294,754 | 26,280 | |
Transurban Group | 2,465,540 | 23,348 | |
Rio Tinto Ltd. | 334,097 | 21,734 | |
Goodman Group | 1,619,532 | 20,962 | |
Fortescue Metals Group Ltd. | 1,433,051 | 17,531 | |
Newcrest Mining Ltd. | 726,792 | 15,072 | |
Amcor plc | 1,405,758 | 14,637 | |
Coles Group Ltd. | 1,144,371 | 14,296 | |
* | Afterpay Ltd. | 194,732 | 13,259 |
Aristocrat Leisure Ltd. | 575,943 | 11,598 | |
Woodside Petroleum Ltd. | 861,471 | 10,626 | |
Sonic Healthcare Ltd. | 428,461 | 10,494 | |
ASX Ltd. | 175,191 | 9,810 | |
James Hardie Industries plc | 399,680 | 9,704 | |
Brambles Ltd. | 1,359,459 | 9,169 | |
Cochlear Ltd. | 57,776 | 8,623 | |
APA Group | 1,067,887 | 7,873 | |
QBE Insurance Group Ltd. | 1,313,057 | 7,593 | |
Telstra Corp. Ltd. | 3,770,004 | 7,100 | |
Insurance Australia Group Ltd. | 2,088,130 | 7,009 | |
Scentre Group | 4,693,022 | 6,926 | |
Northern Star Resources Ltd. | 645,691 | 6,821 | |
Ramsay Health Care Ltd. | 155,241 | 6,802 | |
Suncorp Group Ltd. | 1,145,440 | 6,615 | |
* | Xero Ltd. | 84,387 | 6,547 |
South32 Ltd. | 4,309,808 | 6,150 | |
Dexus | 994,684 | 6,018 | |
Stockland | 2,166,254 | 5,858 | |
Evolution Mining Ltd. | 1,422,764 | 5,578 | |
Lendlease Corp. Ltd. | 635,096 | 5,343 | |
Santos Ltd. | 1,599,867 | 5,319 | |
Mirvac Group | 3,559,639 | 5,279 | |
AGL Energy Ltd. | 572,033 | 5,014 | |
GPT Group | 1,760,864 | 4,987 | |
Magellan Financial Group Ltd. | 123,941 | 4,804 | |
SEEK Ltd. | 315,747 | 4,779 | |
Medibank Pvt Ltd. | 2,501,044 | 4,695 | |
BlueScope Steel Ltd. | 453,324 | 4,682 | |
Sydney Airport | 1,197,683 | 4,592 | |
Origin Energy Ltd. | 1,590,196 | 4,473 | |
Aurizon Holdings Ltd. | 1,658,003 | 4,396 | |
Tabcorp Holdings Ltd. | 1,872,311 | 4,326 | |
Treasury Wine Estates Ltd. | 650,755 | 4,195 | |
Ampol Ltd. | 226,310 | 4,127 | |
Coca-Cola Amatil Ltd. | 465,836 | 4,072 | |
* | Saracen Mineral Holdings Ltd. | 990,007 | 3,957 |
Orica Ltd. | 365,103 | 3,919 | |
REA Group Ltd. | 45,682 | 3,799 | |
Computershare Ltd. | 438,283 | 3,746 | |
Charter Hall Group | 423,842 | 3,675 | |
* | NEXTDC Ltd. | 388,643 | 3,480 |
JB Hi-Fi Ltd. | 102,552 | 3,427 | |
Boral Ltd. | 1,066,782 | 3,416 |
23 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Atlas Arteria Ltd. | 858,128 | 3,399 | |
Oil Search Ltd. | 1,875,385 | 3,386 | |
AMP Ltd. | 3,112,525 | 3,349 | |
Ansell Ltd. | 116,602 | 3,297 | |
Domino's Pizza Enterprises Ltd. | 54,819 | 3,265 | |
OZ Minerals Ltd. | 287,687 | 3,005 | |
Vicinity Centres | 3,415,008 | 2,902 | |
ALS Ltd. | 438,222 | 2,900 | |
carsales.com Ltd. | 194,436 | 2,841 | |
Altium Ltd. | 99,215 | 2,604 | |
Qube Holdings Ltd. | 1,314,427 | 2,447 | |
Incitec Pivot Ltd. | 1,734,860 | 2,341 | |
AusNet Services | 1,655,966 | 2,328 | |
Alumina Ltd. | 2,248,519 | 2,271 | |
Bendigo & Adelaide Bank Ltd. | 482,195 | 2,268 | |
Appen Ltd. | 98,638 | 2,247 | |
Mineral Resources Ltd. | 126,964 | 2,229 | |
Breville Group Ltd. | 119,067 | 2,206 | |
Challenger Ltd. | 636,889 | 2,153 | |
Reliance Worldwide Corp. Ltd. | 717,853 | 2,072 | |
Downer EDI Ltd. | 637,461 | 1,971 | |
Nine Entertainment Co. Holdings Ltd. | 1,337,625 | 1,955 | |
Worley Ltd. | 292,040 | 1,947 | |
Steadfast Group Ltd. | 770,515 | 1,932 | |
* | Qantas Airways Ltd. | 656,649 | 1,932 |
Metcash Ltd. | 921,665 | 1,912 | |
Bank of Queensland Ltd. | 416,375 | 1,878 | |
Crown Resorts Ltd. | 316,195 | 1,841 | |
Cleanaway Waste Management Ltd. | 1,239,412 | 1,787 | |
Bapcor Ltd. | 326,883 | 1,762 | |
Star Entertainment Grp Ltd. | 757,252 | 1,745 | |
Harvey Norman Holdings Ltd. | 544,790 | 1,704 | |
* | TPG Telecom Ltd. | 332,795 | 1,680 |
IDP Education Ltd. | 123,263 | 1,672 | |
Seven Group Holdings Ltd. | 119,704 | 1,635 | |
Shopping Centres Australasia Property Group | 993,212 | 1,620 | |
Orora Ltd. | 879,095 | 1,593 | |
Link Administration Holdings Ltd. | 469,639 | 1,579 | |
WiseTech Global Ltd. | 74,904 | 1,528 | |
Washington H Soul Pattinson & Co. Ltd. | 83,062 | 1,479 | |
* | Lynas Corp. Ltd. | 706,839 | 1,406 |
CSR Ltd. | 446,307 | 1,382 | |
Iluka Resources Ltd. | 378,564 | 1,372 | |
IGO Ltd. | 438,224 | 1,370 | |
Eagers Automotive Ltd. | 175,743 | 1,344 | |
Beach Energy Ltd. | 1,612,974 | 1,338 | |
* | Vocus Group Ltd. | 547,805 | 1,327 |
* | CIMIC Group Ltd. | 86,290 | 1,304 |
Charter Hall Long Wale REIT | 383,253 | 1,285 | |
ARB Corp. Ltd. | 58,293 | 1,263 | |
BWP Trust | 443,261 | 1,250 | |
Regis Resources Ltd. | 423,309 | 1,242 | |
Healius Ltd. | 513,378 | 1,217 | |
nib holdings Ltd. | 413,389 | 1,210 | |
St. Barbara Ltd. | 636,384 | 1,197 | |
IOOF Holdings Ltd. | 575,375 | 1,182 | |
*,^ | Zip Co. Ltd. | 289,152 | 1,165 |
Pendal Group Ltd. | 252,409 | 1,148 | |
Waypoint REIT | 609,212 | 1,148 | |
National Storage REIT | 896,065 | 1,137 | |
Super Retail Group Ltd. | 141,478 | 1,113 | |
Charter Hall Retail REIT | 450,861 | 1,091 | |
Premier Investments Ltd. | 72,441 | 1,086 | |
* | Megaport Ltd. | 113,549 | 1,079 |
24 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Elders Ltd. | 136,580 | 1,077 | |
* | Deterra Royalties Ltd. | 378,564 | 1,046 |
* | Silver Lake Resources Ltd. | 696,575 | 1,043 |
Perpetual Ltd. | 53,969 | 1,033 | |
* | Flight Centre Travel Group Ltd. | 129,750 | 1,027 |
Sims Ltd. | 150,038 | 1,009 | |
IRESS Ltd. | 155,084 | 1,004 | |
Corporate Travel Management Ltd. | 96,321 | 988 | |
* | PolyNovo Ltd. | 540,009 | 988 |
1 | Viva Energy Group Ltd. | 818,100 | 968 |
Ramelius Resources Ltd. | 681,330 | 930 | |
InvoCare Ltd. | 130,726 | 929 | |
Codan Ltd. | 109,207 | 907 | |
Cromwell Property Group | 1,460,866 | 899 | |
Costa Group Holdings Ltd. | 352,725 | 883 | |
*,^ | Mesoblast Ltd. | 410,418 | 882 |
Netwealth Group Ltd. | 72,285 | 878 | |
Technology One Ltd. | 137,752 | 870 | |
Centuria Industrial REIT | 397,641 | 859 | |
Pro Medicus Ltd. | 37,506 | 856 | |
Adbri Ltd. | 420,667 | 836 | |
* | Perseus Mining Ltd. | 965,802 | 835 |
* | Champion Iron Ltd. | 352,700 | 835 |
Ingenia Communities Group | 245,304 | 796 | |
* | De Grey Mining Ltd. | 1,023,956 | 795 |
* | Nanosonics Ltd. | 213,599 | 774 |
* | Tyro Payments Ltd. | 295,710 | 773 |
* | PointsBet Holdings Ltd. | 108,388 | 761 |
Bingo Industries Ltd. | 439,301 | 760 | |
Kogan.com Ltd. | 52,233 | 756 | |
^ | Webjet Ltd. | 298,668 | 732 |
* | Gold Road Resources Ltd. | 767,942 | 719 |
* | Nufarm Ltd. | 291,119 | 704 |
AUB Group Ltd. | 59,055 | 692 | |
Bega Cheese Ltd. | 196,328 | 691 | |
IPH Ltd. | 146,339 | 678 | |
GUD Holdings Ltd. | 75,262 | 671 | |
Abacus Property Group | 335,422 | 653 | |
Collins Foods Ltd. | 96,229 | 653 | |
HUB24 Ltd. | 39,922 | 645 | |
Aventus Group | 364,650 | 631 | |
Brickworks Ltd. | 51,303 | 624 | |
* | United Malt Grp Ltd. | 210,696 | 597 |
Growthpoint Properties Australia Ltd. | 249,568 | 597 | |
Platinum Asset Management Ltd. | 277,755 | 596 | |
Domain Holdings Australia Ltd. | 211,750 | 587 | |
*,^ | Blackmores Ltd. | 11,753 | 580 |
Data#3 Ltd. | 131,366 | 577 | |
Whitehaven Coal Ltd. | 762,377 | 571 | |
* | West African Resources Ltd. | 833,652 | 566 |
Austal Ltd. | 294,714 | 562 | |
* | Bellevue Gold Ltd. | 686,496 | 547 |
* | nearmap Ltd. | 335,233 | 542 |
Credit Corp. Group Ltd. | 41,279 | 532 | |
Lifestyle Communities Ltd. | 73,586 | 526 | |
Omni Bridgeway Ltd. | 215,556 | 524 | |
Rural Funds Group | 308,356 | 520 | |
Hansen Technologies Ltd. | 185,391 | 515 | |
Centuria Capital Group (XASX) | 315,183 | 515 | |
* | GrainCorp Ltd. Class A | 206,273 | 513 |
NRW Holdings Ltd. | 331,371 | 508 | |
^ | Clinuvel Pharmaceuticals Ltd. | 34,703 | 504 |
* | Westgold Resources Ltd. | 276,594 | 503 |
Monadelphous Group Ltd. | 77,644 | 499 |
25 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
*,^ | Pilbara Minerals Ltd. | 1,682,160 | 498 |
Arena REIT | 263,045 | 488 | |
*,^ | EML Payments Ltd. | 229,834 | 487 |
*,^ | Alkane Resources Ltd. | 553,067 | 481 |
G8 Education Ltd. | 598,263 | 477 | |
Infomedia Ltd. | 436,748 | 477 | |
SeaLink Travel Group Ltd. | 114,426 | 470 | |
* | Resolute Mining Ltd. | 819,529 | 465 |
Centuria Office REIT | 316,030 | 458 | |
Sandfire Resources Ltd. | 146,377 | 456 | |
GWA Group Ltd. | 243,803 | 452 | |
Tassal Group Ltd. | 180,916 | 450 | |
Perenti Global Ltd. | 609,057 | 448 | |
Service Stream Ltd. | 313,448 | 442 | |
Nickel Mines Ltd. | 700,470 | 440 | |
Charter Hall Social Infrastructure REIT | 215,551 | 439 | |
Bravura Solutions Ltd. | 211,334 | 436 | |
Select Harvests Ltd. | 98,058 | 422 | |
Integral Diagnostics Ltd. | 123,848 | 366 | |
* | Galaxy Resources Ltd. | 366,598 | 360 |
Jumbo Interactive Ltd. | 47,042 | 360 | |
oOh!media Ltd. | 389,607 | 359 | |
* | Sigma Healthcare Ltd. | 943,082 | 352 |
*,^ | Orocobre Ltd. | 193,201 | 348 |
* | Starpharma Holdings Ltd. Class A | 344,250 | 348 |
*,^ | Paradigm Biopharmaceuticals Ltd. | 182,876 | 347 |
Accent Group Ltd. | 287,948 | 338 | |
* | Opthea Ltd. | 218,119 | 333 |
Inghams Group Ltd. | 164,819 | 332 | |
*,^ | Electro Optic Systems Holdings Ltd. | 84,935 | 329 |
* | Avita Therapeutics Inc. | 78,033 | 325 |
Hotel Property Investments | 146,986 | 319 | |
Western Areas Ltd. | 231,419 | 313 | |
McMillan Shakespeare Ltd. | 46,728 | 307 | |
GDI Property Group | 401,974 | 301 | |
Pact Group Holdings Ltd. | 178,823 | 295 | |
* | Mayne Pharma Group Ltd. | 1,384,577 | 292 |
SmartGroup Corp. Ltd. | 75,860 | 290 | |
Mount Gibson Iron Ltd. | 603,625 | 289 | |
* | Cooper Energy Ltd. | 1,272,102 | 282 |
*,^ | Uniti Group Ltd. | 336,412 | 281 |
* | Eclipx Group Ltd. | 263,285 | 275 |
Australian Pharmaceutical Industries Ltd. | 350,988 | 271 | |
BWX Ltd. | 100,659 | 267 | |
Macmahon Holdings Ltd. | 1,569,313 | 264 | |
* | Capricorn Metals Ltd. | 211,693 | 259 |
Jupiter Mines Ltd. | 1,264,559 | 253 | |
Lovisa Holdings Ltd. | 46,837 | 248 | |
MyState Ltd. | 87,072 | 247 | |
§ | Freedom Foods Group Ltd. | 114,671 | 243 |
*,^ | Emeco Holdings Ltd. | 453,412 | 242 |
Aurelia Metals Ltd. | 729,138 | 239 | |
* | Australian Agricultural Co. Ltd. | 300,551 | 235 |
Cedar Woods Properties Ltd. | 57,580 | 232 | |
HT&E Ltd. | 216,727 | 228 | |
* | Southern Cross Media Group Ltd. | 1,849,917 | 227 |
FlexiGroup Ltd. | 334,630 | 221 | |
Asaleo Care Ltd. | 331,981 | 221 | |
* | AMA Group Ltd. | 430,037 | 221 |
*,^ | Carnarvon Petroleum Ltd. | 1,319,102 | 213 |
*,^ | Senex Energy Ltd. | 986,547 | 205 |
Estia Health Ltd. | 213,349 | 199 | |
*,^ | Bubs Australia Ltd. | 403,077 | 197 |
Genworth Mortgage Insurance Australia Ltd. | 163,024 | 196 |
26 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Karoon Energy Ltd. | 355,361 | 193 |
OFX Group Ltd. | 208,339 | 183 | |
^ | Virtus Health Ltd. | 56,162 | 177 |
1 | Coronado Global Resources Inc. | 308,277 | 162 |
* | Superloop Ltd. | 242,910 | 157 |
* | Village Roadshow Ltd. | 98,451 | 154 |
New Hope Corp. Ltd. | 200,282 | 151 | |
MACA Ltd. | 246,293 | 143 | |
SG Fleet Group Ltd. | 105,619 | 125 | |
*,^ | Syrah Resources Ltd. | 380,507 | 122 |
Navigator Global Investments Ltd. | 110,169 | 119 | |
*,^ | Myer Holdings Ltd. | 701,712 | 114 |
*,^ | Seven West Media Ltd. | 891,866 | 103 |
* | Tuas Ltd. | 169,079 | 90 |
Vita Group Ltd. | 127,742 | 89 | |
* | Dacian Gold Ltd. | 353,981 | 89 |
* | WPP AUNZ Ltd. | 296,820 | 88 |
Regis Healthcare Ltd. | 116,544 | 84 | |
Japara Healthcare Ltd. | 239,690 | 65 | |
*,^ | New Century Resources Ltd. | 463,852 | 54 |
* | Centuria Capital Group | 21,012 | 34 |
*,§ | Liquefied Natural Gas Ltd. | 538,805 | 16 |
* | PointsBet Holdings Ltd. Warrants Exp. 09/30/2022 | 3,025 | 6 |
Newcrest Mining Ltd. ADR | 25 | 1 | |
*,§ | Bgp Holdings plc Rts | 15,642,708 | — |
*,§ | SpeedCast International Ltd. | 219,138 | — |
1,018,565 | |||
China (0.0%) | |||
Shougang Fushan Resources Group Ltd. | 2,519,942 | 590 | |
CMBC Capital Holdings Ltd. | 15,380,000 | 251 | |
1 | Impro Precision Industries Ltd. | 257,674 | 75 |
*,^,§ | China Fishery Group Ltd. | 754,600 | 42 |
* | Goodbaby International Holdings Ltd. | 262,975 | 34 |
* | KuangChi Science Ltd. | 592,600 | 28 |
* | Honghua Group Ltd. | 1,075,517 | 27 |
* | Semiconductor Manufacturing International Corp. | 21 | — |
1,047 | |||
Hong Kong (7.4%) | |||
AIA Group Ltd. | 10,892,912 | 103,670 | |
Hong Kong Exchanges & Clearing Ltd. | 1,140,064 | 54,630 | |
Sun Hung Kai Properties Ltd. | 1,284,474 | 16,533 | |
Techtronic Industries Co. Ltd. | 1,125,656 | 15,162 | |
CK Hutchison Holdings Ltd. | 2,407,059 | 14,539 | |
Link REIT | 1,861,098 | 14,204 | |
Hong Kong & China Gas Co. Ltd. | 9,339,248 | 13,475 | |
CLP Holdings Ltd. | 1,440,360 | 13,272 | |
Galaxy Entertainment Group Ltd. | 1,930,062 | 12,755 | |
CK Asset Holdings Ltd. | 2,420,998 | 11,242 | |
Hang Seng Bank Ltd. | 654,152 | 10,078 | |
BOC Hong Kong Holdings Ltd. | 3,242,759 | 9,007 | |
Jardine Matheson Holdings Ltd. | 188,752 | 8,367 | |
Sands China Ltd. | 2,166,336 | 7,603 | |
Power Assets Holdings Ltd. | 1,237,207 | 6,371 | |
MTR Corp. Ltd. | 1,284,186 | 6,363 | |
* | New World Development Co. Ltd. | 1,283,539 | 6,128 |
1 | WH Group Ltd. | 7,581,433 | 5,971 |
Wharf Real Estate Investment Co. Ltd. | 1,482,283 | 5,705 | |
Hang Lung Properties Ltd. | 1,838,841 | 4,477 | |
1 | Budweiser Brewing Co. APAC Ltd. | 1,477,400 | 4,357 |
Lenovo Group Ltd. | 6,728,000 | 4,224 | |
Henderson Land Development Co. Ltd. | 1,175,190 | 4,151 | |
Xinyi Glass Holdings Ltd. | 1,820,640 | 3,998 | |
Hongkong Land Holdings Ltd. | 1,047,447 | 3,845 | |
*,1 | ESR Cayman Ltd. | 1,219,934 | 3,685 |
27 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Jardine Strategic Holdings Ltd. | 163,451 | 3,539 | |
^ | Sino Land Co. Ltd. | 2,958,443 | 3,506 |
Want Want China Holdings Ltd. | 4,918,220 | 3,257 | |
AAC Technologies Holdings Inc. | 615,257 | 3,234 | |
Tingyi Cayman Islands Holding Corp. | 1,687,900 | 3,089 | |
Vitasoy International Holdings Ltd. | 708,304 | 2,865 | |
Wharf Holdings Ltd. | 1,379,283 | 2,855 | |
ASM Pacific Technology Ltd. | 275,236 | 2,776 | |
CK Infrastructure Holdings Ltd. | 561,813 | 2,650 | |
Minth Group Ltd. | 618,783 | 2,561 | |
Swire Properties Ltd. | 953,035 | 2,557 | |
PCCW Ltd. | 3,781,715 | 2,275 | |
Sun Art Retail Group Ltd. | 1,970,731 | 2,135 | |
Swire Pacific Ltd. Class A | 461,752 | 2,106 | |
Bank of East Asia Ltd. | 1,140,932 | 2,058 | |
Chow Tai Fook Jewellery Group Ltd. | 1,574,218 | 2,012 | |
Man Wah Holdings Ltd. | 1,343,452 | 1,875 | |
* | Prada SpA | 467,204 | 1,849 |
* | Wynn Macau Ltd. | 1,316,029 | 1,818 |
Hysan Development Co. Ltd. | 559,726 | 1,784 | |
SJM Holdings Ltd. | 1,709,639 | 1,775 | |
Hang Lung Group Ltd. | 793,920 | 1,762 | |
SITC International Holdings Co. Ltd. | 1,050,586 | 1,623 | |
*,1 | JS Global Lifestyle Co. Ltd. | 793,500 | 1,427 |
NagaCorp Ltd. | 1,356,972 | 1,404 | |
Microport Scientific Corp. | 392,219 | 1,386 | |
Kerry Properties Ltd. | 544,090 | 1,335 | |
HKBN Ltd. | 719,657 | 1,247 | |
*,1 | Samsonite International SA | 1,172,897 | 1,197 |
1 | BOC Aviation Ltd. | 188,425 | 1,167 |
Melco International Development Ltd. | 706,274 | 1,146 | |
NWS Holdings Ltd. | 1,277,887 | 1,122 | |
Kerry Logistics Network Ltd. | 512,611 | 1,071 | |
Yue Yuen Industrial Holdings Ltd. | 638,658 | 1,040 | |
Dairy Farm International Holdings Ltd. | 270,201 | 1,018 | |
Fortune REIT | 1,216,833 | 1,016 | |
VTech Holdings Ltd. | 146,650 | 973 | |
*,^,1 | Razer Inc. | 3,120,000 | 937 |
United Energy Group Ltd. | 6,694,000 | 909 | |
MGM China Holdings Ltd. | 671,736 | 886 | |
Uni-President China Holdings Ltd. | 1,017,038 | 881 | |
* | Hong Kong Television Network Ltd. | 585,142 | 871 |
Champion REIT | 1,789,900 | 867 | |
IGG Inc. | 763,628 | 827 | |
Lee & Man Paper Manufacturing Ltd. | 1,046,000 | 793 | |
* | Shangri-La Asia Ltd. | 1,002,928 | 789 |
L'Occitane International SA | 411,123 | 753 | |
Luk Fook Holdings International Ltd. | 294,406 | 720 | |
^ | Huabao International Holdings Ltd. | 738,071 | 669 |
Johnson Electric Holdings Ltd. | 315,519 | 653 | |
Swire Pacific Ltd. Class B | 793,186 | 646 | |
First Pacific Co. Ltd. | 2,009,939 | 624 | |
Cafe de Coral Holdings Ltd. | 298,447 | 617 | |
* | Cathay Pacific Airways Ltd. | 898,504 | 611 |
Nexteer Automotive Group Ltd. | 717,211 | 599 | |
* | Glory Sun Financial Group Ltd. | 12,508,000 | 597 |
Pacific Basin Shipping Ltd. | 3,764,236 | 550 | |
K Wah International Holdings Ltd. | 1,149,843 | 546 | |
Vinda International Holdings Ltd. | 202,000 | 536 | |
Haitong International Securities Group Ltd. | 2,232,891 | 509 | |
Shun Tak Holdings Ltd. | 1,653,370 | 485 | |
*,^ | MMG Ltd. | 2,016,286 | 478 |
SUNeVision Holdings Ltd. | 543,000 | 477 | |
Towngas China Co. Ltd. | 950,140 | 432 |
28 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
^,1 | Xiabuxiabu Catering Management China Holdings Co. Ltd. | 248,000 | 424 |
* | Pou Sheng International Holdings Ltd. | 1,851,253 | 424 |
CITIC Telecom International Holdings Ltd. | 1,300,470 | 413 | |
* | Leyou Technologies Holdings Ltd. | 970,000 | 410 |
*,1 | AsiaInfo Technologies Ltd. | 290,400 | 401 |
Stella International Holdings Ltd. | 389,000 | 399 | |
Shui On Land Ltd. | 3,015,566 | 398 | |
Sunlight REIT | 898,089 | 387 | |
United Laboratories International Holdings Ltd. | 423,873 | 364 | |
*,^,1 | FIT Hon Teng Ltd. | 904,000 | 355 |
Asia Cement China Holdings Corp. | 384,000 | 352 | |
VSTECS Holdings Ltd. | 560,000 | 351 | |
*,§ | Town Health International Medical Group Ltd. | 3,921,659 | 348 |
Value Partners Group Ltd. | 770,665 | 338 | |
Texhong Textile Group Ltd. | 427,000 | 329 | |
* | Cosmopolitan International Holdings Ltd. | 1,748,000 | 312 |
Prosperity REIT | 1,088,661 | 309 | |
* | Lifestyle International Holdings Ltd. | 392,907 | 309 |
*,^ | FIH Mobile Ltd. | 2,736,581 | 301 |
Guotai Junan International Holdings Ltd. | 2,336,336 | 300 | |
*,1 | VPower Group International Holdings Ltd. | 832,000 | 299 |
Dah Sing Financial Holdings Ltd. | 116,660 | 291 | |
Road King Infrastructure Ltd. | 233,814 | 278 | |
* | China Travel International Investment Hong Kong Ltd. | 2,166,268 | 277 |
Far East Consortium International Ltd. | 930,493 | 275 | |
Canvest Environmental Protection Group Co. Ltd. | 633,675 | 269 | |
Dynam Japan Holdings Co. Ltd. | 251,344 | 258 | |
Dah Sing Banking Group Ltd. | 292,356 | 252 | |
Chow Sang Sang Holdings International Ltd. | 220,922 | 242 | |
Pacific Textiles Holdings Ltd. | 411,697 | 235 | |
*,§ | Convoy Global Holdings Ltd. | 10,860,141 | 234 |
*,^ | C-Mer Eye Care Holdings Ltd. | 338,000 | 229 |
Chinese Estates Holdings Ltd. | 447,000 | 225 | |
Beijing Tong Ren Tang Chinese Medicine Co. Ltd. | 213,000 | 221 | |
Television Broadcasts Ltd. | 259,947 | 209 | |
*,1 | Frontage Holdings Corp. | 470,000 | 207 |
Sun Hung Kai & Co. Ltd. | 528,182 | 205 | |
* | Suncity Group Holdings Ltd. | 1,980,000 | 195 |
SmarTone Telecommunications Holdings Ltd. | 350,235 | 189 | |
*,^ | Macau Legend Development Ltd. | 1,388,954 | 188 |
*,^ | Apollo Future Mobility Group Ltd. | 3,364,000 | 187 |
Hutchison Telecommunications Hong Kong Holdings Ltd. | 1,160,301 | 174 | |
1 | IMAX China Holding Inc. | 102,275 | 166 |
*,^ | Esprit Holdings Ltd. | 1,581,197 | 164 |
Giordano International Ltd. | 1,014,590 | 161 | |
*,^ | Truly International Holdings Ltd. | 1,389,603 | 158 |
*,^ | SA Sa International Holdings Ltd. | 1,012,953 | 145 |
* | China LNG Group Ltd. | 1,674,344 | 134 |
Lee's Pharmaceutical Holdings Ltd. | 236,812 | 133 | |
1 | Crystal International Group Ltd. | 476,000 | 131 |
*,^ | Digital Domain Holdings Ltd. | 17,008,031 | 101 |
Texwinca Holdings Ltd. | 585,037 | 89 | |
*,^ | GCL New Energy Holdings Ltd. | 5,581,422 | 82 |
*,^ | NewOcean Energy Holdings Ltd. | 817,858 | 73 |
*,§ | Brightoil Petroleum Holdings Ltd. | 2,476,222 | 64 |
* | New World Department Store China Ltd. | 421,000 | 63 |
* | Emperor Capital Group Ltd. | 3,809,145 | 61 |
*,§ | Camsing International Holding Ltd. | 366,000 | 55 |
* | G-Resources Group Ltd. | 10,601,198 | 49 |
*,§ | China Baoli Technologies Holdings Ltd. | 3,077,500 | 39 |
* | Lifestyle China Group Ltd. | 292,399 | 39 |
Singamas Container Holdings Ltd. | 889,323 | 38 | |
Shenwan Hongyuan HK Ltd. | 253,136 | 28 | |
*,§ | Agritrade Resources Ltd. | 2,330,000 | 25 |
29 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Henderson Investment Ltd. | 561,863 | 22 | |
* | Emperor Watch & Jewellery Ltd. | 884,532 | 10 |
NOVA Group Holdings Ltd. Class A | 245,000 | 3 | |
468,980 | |||
Japan (59.4%) | |||
Toyota Motor Corp. | 2,213,625 | 145,318 | |
Sony Corp. | 1,097,339 | 91,481 | |
SoftBank Group Corp. | 1,325,470 | 86,333 | |
Keyence Corp. | 161,466 | 73,277 | |
Nintendo Co. Ltd. | 95,895 | 51,849 | |
Shin-Etsu Chemical Co. Ltd. | 357,850 | 47,797 | |
Daiichi Sankyo Co. Ltd. | 1,714,347 | 45,248 | |
Daikin Industries Ltd. | 237,473 | 44,439 | |
Mitsubishi UFJ Financial Group Inc. | 11,103,572 | 43,769 | |
Recruit Holdings Co. Ltd. | 1,132,512 | 43,093 | |
Takeda Pharmaceutical Co. Ltd. | 1,365,224 | 42,189 | |
Nidec Corp. | 417,466 | 42,165 | |
KDDI Corp. | 1,528,666 | 41,358 | |
NTT DOCOMO Inc. | 1,018,929 | 37,940 | |
Hoya Corp. | 326,446 | 36,842 | |
FANUC Corp. | 172,868 | 36,514 | |
Honda Motor Co. Ltd. | 1,539,586 | 36,416 | |
Tokyo Electron Ltd. | 132,884 | 35,668 | |
Murata Manufacturing Co. Ltd. | 506,179 | 35,498 | |
Sumitomo Mitsui Financial Group Inc. | 1,170,388 | 32,399 | |
Fast Retailing Co. Ltd. | 45,980 | 32,073 | |
Kao Corp. | 418,125 | 29,770 | |
ITOCHU Corp. | 1,223,892 | 29,396 | |
SoftBank Corp. | 2,485,167 | 28,921 | |
Mizuho Financial Group Inc. | 2,293,237 | 28,234 | |
Hitachi Ltd. | 833,328 | 28,087 | |
SMC Corp. | 51,629 | 27,462 | |
Tokio Marine Holdings Inc. | 578,524 | 25,857 | |
M3 Inc. | 379,588 | 25,636 | |
Mitsubishi Corp. | 1,084,621 | 24,199 | |
Oriental Land Co. Ltd. | 168,790 | 23,627 | |
Nippon Telegraph & Telephone Corp. | 1,102,086 | 23,183 | |
Astellas Pharma Inc. | 1,675,701 | 22,979 | |
Mitsui & Co. Ltd. | 1,461,457 | 22,892 | |
Chugai Pharmaceutical Co. Ltd. | 585,138 | 22,586 | |
Mitsubishi Electric Corp. | 1,732,214 | 22,309 | |
Terumo Corp. | 590,032 | 21,716 | |
Shiseido Co. Ltd. | 350,538 | 21,701 | |
Seven & i Holdings Co. Ltd. | 692,649 | 21,053 | |
Fujitsu Ltd. | 170,482 | 20,171 | |
Japan Tobacco Inc. | 1,065,369 | 20,058 | |
Central Japan Railway Co. | 162,952 | 19,704 | |
Denso Corp. | 409,503 | 19,081 | |
Komatsu Ltd. | 824,337 | 18,585 | |
Eisai Co. Ltd. | 237,934 | 18,500 | |
Olympus Corp. | 950,620 | 18,199 | |
Panasonic Corp. | 1,924,935 | 17,782 | |
Suzuki Motor Corp. | 407,447 | 17,499 | |
Kubota Corp. | 990,705 | 17,217 | |
East Japan Railway Co. | 325,245 | 17,008 | |
Bridgestone Corp. | 519,328 | 16,928 | |
Z Holdings Corp. | 2,342,188 | 16,332 | |
Unicharm Corp. | 350,834 | 16,233 | |
FUJIFILM Holdings Corp. | 318,087 | 16,220 | |
Aeon Co. Ltd. | 633,338 | 16,181 | |
Sysmex Corp. | 170,911 | 16,053 | |
Shimano Inc. | 69,833 | 15,972 | |
Canon Inc. | 896,111 | 15,598 |
30 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Mitsubishi Estate Co. Ltd. | 1,027,559 | 15,327 | |
Kyocera Corp. | 276,892 | 15,249 | |
Daiwa House Industry Co. Ltd. | 566,970 | 14,897 | |
Secom Co. Ltd. | 174,497 | 14,741 | |
Dai-ichi Life Holdings Inc. | 974,895 | 14,560 | |
Mitsui Fudosan Co. Ltd. | 826,660 | 14,076 | |
Otsuka Holdings Co. Ltd. | 377,821 | 13,993 | |
Nitori Holdings Co. Ltd. | 67,337 | 13,842 | |
Bandai Namco Holdings Inc. | 176,143 | 13,164 | |
ORIX Corp. | 1,123,911 | 13,144 | |
TDK Corp. | 108,027 | 12,704 | |
Kirin Holdings Co. Ltd. | 697,101 | 12,568 | |
Nippon Paint Holdings Co. Ltd. | 139,179 | 12,537 | |
Nomura Holdings Inc. | 2,720,214 | 12,182 | |
Asahi Group Holdings Ltd. | 393,054 | 12,164 | |
Japan Exchange Group Inc. | 483,784 | 11,811 | |
NEC Corp. | 233,959 | 11,785 | |
Omron Corp. | 161,289 | 11,646 | |
Shionogi & Co. Ltd. | 245,007 | 11,557 | |
MS&AD Insurance Group Holdings Inc. | 419,468 | 11,479 | |
Sompo Holdings Inc. | 304,920 | 11,384 | |
Ono Pharmaceutical Co. Ltd. | 387,901 | 11,065 | |
Sumitomo Corp. | 1,011,101 | 11,062 | |
Obic Co. Ltd. | 59,488 | 10,532 | |
Advantest Corp. | 179,049 | 10,371 | |
Nexon Co. Ltd. | 367,714 | 10,249 | |
Subaru Corp. | 550,948 | 10,112 | |
Toshiba Corp. | 397,758 | 10,062 | |
Pan Pacific International Holdings Corp. | 458,708 | 9,733 | |
Makita Corp. | 219,715 | 9,712 | |
Asahi Kasei Corp. | 1,114,616 | 9,659 | |
Sumitomo Realty & Development Co. Ltd. | 356,720 | 9,546 | |
Toyota Industries Corp. | 144,972 | 9,369 | |
Nitto Denko Corp. | 131,647 | 9,249 | |
SG Holdings Co. Ltd. | 381,400 | 9,200 | |
ENEOS Holdings Inc. | 2,717,659 | 9,170 | |
Yaskawa Electric Corp. | 232,620 | 9,045 | |
Daifuku Co. Ltd. | 87,264 | 8,998 | |
Sumitomo Mitsui Trust Holdings Inc. | 331,636 | 8,917 | |
Ajinomoto Co. Inc. | 440,734 | 8,855 | |
MEIJI Holdings Co. Ltd. | 120,899 | 8,759 | |
Tokyo Gas Co. Ltd. | 381,834 | 8,652 | |
Sekisui House Ltd. | 519,625 | 8,633 | |
Japan Post Holdings Co. Ltd. | 1,200,120 | 8,235 | |
Kikkoman Corp. | 164,699 | 8,202 | |
Yamato Holdings Co. Ltd. | 304,300 | 8,055 | |
MISUMI Group Inc. | 252,511 | 7,499 | |
Sumitomo Electric Industries Ltd. | 678,703 | 7,493 | |
Marubeni Corp. | 1,413,743 | 7,381 | |
* | Nippon Steel Corp. | 734,216 | 7,121 |
Chubu Electric Power Co. Inc. | 634,402 | 7,106 | |
West Japan Railway Co. | 163,380 | 7,009 | |
Rakuten Inc. | 716,765 | 6,974 | |
Shimadzu Corp. | 242,340 | 6,929 | |
Nomura Research Institute Ltd. | 235,039 | 6,928 | |
Nihon M&A Center Inc. | 117,012 | 6,871 | |
Osaka Gas Co. Ltd. | 356,565 | 6,771 | |
Disco Corp. | 25,071 | 6,767 | |
Odakyu Electric Railway Co. Ltd. | 277,356 | 6,693 | |
MINEBEA MITSUMI Inc. | 370,499 | 6,692 | |
Sumitomo Metal Mining Co. Ltd. | 213,263 | 6,629 | |
Yamaha Corp. | 137,361 | 6,512 | |
Mitsubishi Chemical Holdings Corp. | 1,153,146 | 6,490 | |
Kintetsu Group Holdings Co. Ltd. | 162,154 | 6,479 |
31 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Resona Holdings Inc. | 1,963,324 | 6,473 | |
Nissan Chemical Corp. | 121,542 | 6,450 | |
NTT Data Corp. | 570,557 | 6,439 | |
Toray Industries Inc. | 1,365,578 | 6,179 | |
* | Nissan Motor Co. Ltd. | 1,743,430 | 6,173 |
Keio Corp. | 104,025 | 6,046 | |
Kansai Electric Power Co. Inc. | 663,316 | 6,036 | |
Hankyu Hanshin Holdings Inc. | 197,635 | 6,034 | |
TOTO Ltd. | 131,666 | 6,011 | |
Lasertec Corp. | 68,546 | 5,938 | |
Trend Micro Inc. | 105,022 | 5,883 | |
MonotaRO Co. Ltd. | 105,958 | 5,861 | |
Hamamatsu Photonics KK | 115,239 | 5,799 | |
Santen Pharmaceutical Co. Ltd. | 323,107 | 5,756 | |
Rohm Co. Ltd. | 74,519 | 5,730 | |
Yakult Honsha Co. Ltd. | 118,130 | 5,717 | |
Taisei Corp. | 181,190 | 5,638 | |
Toyota Tsusho Corp. | 201,607 | 5,626 | |
Dentsu Group Inc. | 194,773 | 5,615 | |
Kyowa Kirin Co. Ltd. | 225,402 | 5,598 | |
Mitsubishi Heavy Industries Ltd. | 256,639 | 5,514 | |
Daiwa Securities Group Inc. | 1,355,476 | 5,492 | |
CyberAgent Inc. | 86,853 | 5,463 | |
Kobayashi Pharmaceutical Co. Ltd. | 55,614 | 5,419 | |
Nissin Foods Holdings Co. Ltd. | 62,225 | 5,388 | |
Daito Trust Construction Co. Ltd. | 58,622 | 5,333 | |
* | Renesas Electronics Corp. | 645,269 | 5,326 |
Tokyu Corp. | 443,501 | 5,262 | |
Asahi Intecc Co. Ltd. | 169,452 | 5,251 | |
LIXIL Group Corp. | 240,302 | 5,218 | |
AGC Inc. | 167,024 | 5,215 | |
Tobu Railway Co. Ltd. | 183,599 | 5,210 | |
Obayashi Corp. | 607,929 | 5,087 | |
Koito Manufacturing Co. Ltd. | 103,321 | 4,983 | |
T&D Holdings Inc. | 495,855 | 4,956 | |
Sekisui Chemical Co. Ltd. | 314,760 | 4,907 | |
Azbil Corp. | 119,296 | 4,841 | |
SBI Holdings Inc. | 205,372 | 4,734 | |
Hikari Tsushin Inc. | 20,095 | 4,713 | |
Aisin Seiki Co. Ltd. | 155,352 | 4,707 | |
Nagoya Railroad Co. Ltd. | 176,150 | 4,695 | |
Dai Nippon Printing Co. Ltd. | 248,780 | 4,635 | |
Tsuruha Holdings Inc. | 33,031 | 4,625 | |
Lion Corp. | 226,321 | 4,615 | |
Kansai Paint Co. Ltd. | 175,386 | 4,522 | |
Pigeon Corp. | 97,995 | 4,513 | |
Capcom Co. Ltd. | 82,068 | 4,488 | |
Ryohin Keikaku Co. Ltd. | 212,900 | 4,469 | |
Sumitomo Chemical Co. Ltd. | 1,365,230 | 4,466 | |
Kajima Corp. | 408,442 | 4,364 | |
GMO Payment Gateway Inc. | 35,492 | 4,349 | |
Idemitsu Kosan Co. Ltd. | 212,922 | 4,306 | |
Otsuka Corp. | 92,774 | 4,263 | |
Miura Co. Ltd. | 88,643 | 4,176 | |
Hirose Electric Co. Ltd. | 29,911 | 4,175 | |
Taiyo Yuden Co. Ltd. | 112,781 | 4,171 | |
Toho Gas Co. Ltd. | 80,482 | 4,155 | |
Tosoh Corp. | 253,673 | 4,112 | |
TIS Inc. | 214,275 | 4,098 | |
Toho Co. Ltd. | 102,999 | 4,079 | |
Square Enix Holdings Co. Ltd. | 69,854 | 4,059 | |
Toyo Suisan Kaisha Ltd. | 81,275 | 4,045 | |
Mitsui Chemicals Inc. | 157,788 | 4,041 | |
Ricoh Co. Ltd. | 611,904 | 4,019 |
32 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Ibiden Co. Ltd. | 97,479 | 3,975 | |
Nabtesco Corp. | 105,921 | 3,957 | |
Suntory Beverage & Food Ltd. | 113,714 | 3,922 | |
Inpex Corp. | 825,732 | 3,916 | |
Tohoku Electric Power Co. Inc. | 428,440 | 3,780 | |
Isuzu Motors Ltd. | 463,454 | 3,760 | |
Stanley Electric Co. Ltd. | 130,649 | 3,721 | |
JSR Corp. | 164,368 | 3,715 | |
NH Foods Ltd. | 89,360 | 3,660 | |
* | Tokyo Electric Power Co. Holdings Inc. | 1,414,007 | 3,649 |
Yamaha Motor Co. Ltd. | 254,744 | 3,642 | |
* | PeptiDream Inc. | 78,430 | 3,625 |
Nippon Express Co. Ltd. | 64,351 | 3,609 | |
Welcia Holdings Co. Ltd. | 90,564 | 3,549 | |
Kyushu Electric Power Co. Inc. | 420,278 | 3,523 | |
USS Co. Ltd. | 192,457 | 3,520 | |
Keisei Electric Railway Co. Ltd. | 125,452 | 3,509 | |
Shimizu Corp. | 499,848 | 3,471 | |
Nisshin Seifun Group Inc. | 230,305 | 3,468 | |
Fuji Electric Co. Ltd. | 113,700 | 3,448 | |
Keihan Holdings Co. Ltd. | 88,943 | 3,379 | |
Oji Holdings Corp. | 801,309 | 3,377 | |
Marui Group Co. Ltd. | 186,058 | 3,362 | |
NGK Insulators Ltd. | 235,205 | 3,360 | |
Concordia Financial Group Ltd. | 1,015,433 | 3,352 | |
Konami Holdings Corp. | 85,006 | 3,327 | |
Nippon Shinyaku Co. Ltd. | 46,360 | 3,313 | |
Brother Industries Ltd. | 213,357 | 3,297 | |
Ito En Ltd. | 51,534 | 3,264 | |
Hoshizaki Corp. | 40,856 | 3,263 | |
* | JFE Holdings Inc. | 461,404 | 3,242 |
Toppan Printing Co. Ltd. | 254,272 | 3,233 | |
Yokogawa Electric Corp. | 218,764 | 3,216 | |
Rinnai Corp. | 32,636 | 3,216 | |
SUMCO Corp. | 210,452 | 3,210 | |
NSK Ltd. | 399,310 | 3,197 | |
Keikyu Corp. | 225,804 | 3,158 | |
Shizuoka Bank Ltd. | 461,499 | 3,104 | |
NGK Spark Plug Co. Ltd. | 175,587 | 3,088 | |
Yamada Holdings Co. Ltd. | 632,573 | 3,084 | |
Hulic Co. Ltd. | 331,438 | 3,070 | |
Hisamitsu Pharmaceutical Co. Inc. | 64,103 | 3,066 | |
Kakaku.com Inc. | 115,869 | 3,062 | |
Kyushu Railway Co. | 142,470 | 3,030 | |
FamilyMart Co. Ltd. | 137,300 | 3,018 | |
Itochu Techno-Solutions Corp. | 88,114 | 2,989 | |
Chugoku Electric Power Co. Inc. | 237,167 | 2,980 | |
Mitsubishi Gas Chemical Co. Inc. | 163,290 | 2,977 | |
Japan Post Bank Co. Ltd. | 371,303 | 2,961 | |
Kurita Water Industries Ltd. | 99,064 | 2,948 | |
Casio Computer Co. Ltd. | 193,960 | 2,947 | |
Chiba Bank Ltd. | 560,566 | 2,895 | |
Kuraray Co. Ltd. | 311,467 | 2,881 | |
Oracle Corp. Japan | 28,817 | 2,880 | |
Alfresa Holdings Corp. | 157,100 | 2,876 | |
Tokyo Century Corp. | 58,383 | 2,862 | |
Bank of Kyoto Ltd. | 64,735 | 2,859 | |
Kose Corp. | 22,366 | 2,851 | |
Seiko Epson Corp. | 245,313 | 2,849 | |
Sohgo Security Services Co. Ltd. | 60,789 | 2,832 | |
Rohto Pharmaceutical Co. Ltd. | 88,547 | 2,768 | |
^ | Anritsu Corp. | 125,653 | 2,751 |
THK Co. Ltd. | 103,499 | 2,747 | |
Hakuhodo DY Holdings Inc. | 215,143 | 2,741 |
33 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Mazda Motor Corp. | 520,832 | 2,735 | |
Nippon Yusen KK | 145,159 | 2,679 | |
Japan Post Insurance Co. Ltd. | 168,176 | 2,666 | |
Cosmos Pharmaceutical Corp. | 15,626 | 2,654 | |
COMSYS Holdings Corp. | 101,791 | 2,587 | |
Haseko Corp. | 215,291 | 2,581 | |
Alps Alpine Co. Ltd. | 178,520 | 2,576 | |
Koei Tecmo Holdings Co. Ltd. | 52,287 | 2,555 | |
Teijin Ltd. | 166,706 | 2,554 | |
Matsumotokiyoshi Holdings Co. Ltd. | 68,934 | 2,545 | |
Taiheiyo Cement Corp. | 107,136 | 2,515 | |
Sushiro Global Holdings Ltd. | 92,068 | 2,499 | |
Fukuoka Financial Group Inc. | 149,026 | 2,493 | |
^ | Skylark Holdings Co. Ltd. | 172,508 | 2,460 |
Amada Co. Ltd. | 281,269 | 2,448 | |
* | LINE Corp. | 47,610 | 2,443 |
Suzuken Co. Ltd. | 67,493 | 2,437 | |
Kagome Co. Ltd. | 71,034 | 2,433 | |
Nichirei Corp. | 96,501 | 2,432 | |
Sojitz Corp. | 1,102,565 | 2,426 | |
Tokyu Fudosan Holdings Corp. | 551,619 | 2,410 | |
Denka Co. Ltd. | 77,971 | 2,402 | |
Ebara Corp. | 85,230 | 2,369 | |
Hitachi Construction Machinery Co. Ltd. | 95,937 | 2,366 | |
MediPal Holdings Corp. | 132,651 | 2,365 | |
Hitachi Metals Ltd. | 177,786 | 2,358 | |
Iida Group Holdings Co. Ltd. | 130,238 | 2,356 | |
Taisho Pharmaceutical Holdings Co. Ltd. | 39,110 | 2,353 | |
Goldwin Inc. | 31,432 | 2,345 | |
Persol Holdings Co. Ltd. | 152,411 | 2,308 | |
NOF Corp. | 61,372 | 2,307 | |
Air Water Inc. | 161,269 | 2,304 | |
Nifco Inc. | 76,610 | 2,293 | |
^ | Mitsui OSK Lines Ltd. | 100,965 | 2,279 |
Relo Group Inc. | 94,816 | 2,275 | |
Nankai Electric Railway Co. Ltd. | 99,590 | 2,274 | |
Sega Sammy Holdings Inc. | 181,067 | 2,269 | |
NET One Systems Co. Ltd. | 75,812 | 2,267 | |
ZOZO Inc. | 88,568 | 2,247 | |
* | ANA Holdings Inc. | 101,368 | 2,211 |
Showa Denko KK | 129,559 | 2,203 | |
Sundrug Co. Ltd. | 58,993 | 2,191 | |
House Foods Group Inc. | 66,054 | 2,187 | |
Sumitomo Heavy Industries Ltd. | 102,003 | 2,186 | |
Open House Co. Ltd. | 62,624 | 2,132 | |
Kyowa Exeo Corp. | 92,484 | 2,132 | |
Nippon Building Fund Inc. | 417 | 2,106 | |
Nihon Kohden Corp. | 67,151 | 2,100 | |
Shimamura Co. Ltd. | 19,651 | 2,095 | |
Tokyo Tatemono Co. Ltd. | 181,939 | 2,093 | |
Calbee Inc. | 67,850 | 2,081 | |
Sugi Holdings Co. Ltd. | 31,331 | 2,069 | |
Mitsubishi Materials Corp. | 111,768 | 2,051 | |
Electric Power Development Co. Ltd. | 151,608 | 2,049 | |
Shinsei Bank Ltd. | 168,564 | 2,028 | |
Tokai Carbon Co. Ltd. | 178,586 | 2,027 | |
Zensho Holdings Co. Ltd. | 86,270 | 2,016 | |
Sanwa Holdings Corp. | 176,274 | 2,011 | |
Kewpie Corp. | 98,174 | 2,009 | |
TechnoPro Holdings Inc. | 32,141 | 1,999 | |
SHO-BOND Holdings Co. Ltd. | 41,086 | 1,983 | |
Tokyo Ohka Kogyo Co. Ltd. | 33,416 | 1,979 | |
Lawson Inc. | 42,871 | 1,970 | |
K's Holdings Corp. | 154,160 | 1,969 |
34 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Justsystems Corp. | 30,042 | 1,965 | |
Fancl Corp. | 61,268 | 1,931 | |
Asics Corp. | 154,005 | 1,924 | |
Ezaki Glico Co. Ltd. | 46,258 | 1,919 | |
Sumitomo Forestry Co. Ltd. | 120,286 | 1,895 | |
Mabuchi Motor Co. Ltd. | 45,861 | 1,891 | |
Nippon Sanso Holdings Corp. | 128,732 | 1,887 | |
Seibu Holdings Inc. | 188,004 | 1,880 | |
Yamazaki Baking Co. Ltd. | 113,741 | 1,868 | |
SCSK Corp. | 37,405 | 1,860 | |
SCREEN Holdings Co. Ltd. | 33,817 | 1,852 | |
Shimachu Co. Ltd. | 34,988 | 1,849 | |
Hino Motors Ltd. | 241,256 | 1,848 | |
Kinden Corp. | 116,321 | 1,824 | |
Nomura Real Estate Holdings Inc. | 103,920 | 1,815 | |
Nishi-Nippon Railroad Co. Ltd. | 68,447 | 1,808 | |
Coca-Cola Bottlers Japan Holdings Inc. | 127,399 | 1,798 | |
Japan Airport Terminal Co. Ltd. | 41,383 | 1,797 | |
Mebuki Financial Group Inc. | 892,570 | 1,793 | |
Zenkoku Hosho Co. Ltd. | 45,365 | 1,789 | |
DIC Corp. | 73,219 | 1,783 | |
Sumitomo Dainippon Pharma Co. Ltd. | 151,662 | 1,778 | |
* | Japan Airlines Co. Ltd. | 100,540 | 1,756 |
Aozora Bank Ltd. | 106,721 | 1,753 | |
Nihon Unisys Ltd. | 59,299 | 1,748 | |
Sotetsu Holdings Inc. | 70,638 | 1,743 | |
Ain Holdings Inc. | 24,807 | 1,735 | |
Morinaga Milk Industry Co. Ltd. | 35,413 | 1,707 | |
Daicel Corp. | 239,179 | 1,707 | |
Tsumura & Co. | 58,065 | 1,704 | |
J Front Retailing Co. Ltd. | 223,138 | 1,700 | |
Mitsubishi UFJ Lease & Finance Co. Ltd. | 399,819 | 1,694 | |
Horiba Ltd. | 34,320 | 1,688 | |
Aeon Mall Co. Ltd. | 108,101 | 1,686 | |
Nikon Corp. | 276,504 | 1,685 | |
Ship Healthcare Holdings Inc. | 35,305 | 1,675 | |
Toyoda Gosei Co. Ltd. | 65,859 | 1,674 | |
Sawai Pharmaceutical Co. Ltd. | 34,448 | 1,660 | |
Kamigumi Co. Ltd. | 92,785 | 1,660 | |
^ | Sharp Corp. | 142,215 | 1,645 |
JTEKT Corp. | 206,010 | 1,642 | |
FP Corp. | 40,586 | 1,619 | |
Penta-Ocean Construction Co. Ltd. | 254,075 | 1,611 | |
Kyushu Financial Group Inc. | 343,191 | 1,605 | |
JGC Holdings Corp. | 194,714 | 1,601 | |
Takara Holdings Inc. | 158,579 | 1,599 | |
Sankyu Inc. | 44,568 | 1,597 | |
As One Corp. | 11,042 | 1,596 | |
Ulvac Inc. | 43,375 | 1,589 | |
Zeon Corp. | 130,414 | 1,587 | |
Mitsubishi Logistics Corp. | 60,100 | 1,582 | |
* | Kawasaki Heavy Industries Ltd. | 132,255 | 1,580 |
Aica Kogyo Co. Ltd. | 46,855 | 1,578 | |
PALTAC Corp. | 28,052 | 1,568 | |
Ube Industries Ltd. | 91,300 | 1,567 | |
Nippon Gas Co. Ltd. | 32,717 | 1,561 | |
Infomart Corp. | 187,832 | 1,553 | |
Nippon Prologis REIT Inc. | 468 | 1,540 | |
Credit Saison Co. Ltd. | 142,025 | 1,535 | |
Isetan Mitsukoshi Holdings Ltd. | 315,213 | 1,535 | |
BayCurrent Consulting Inc. | 11,847 | 1,533 | |
Acom Co. Ltd. | 340,026 | 1,528 | |
Menicon Co. Ltd. | 21,592 | 1,525 | |
Hachijuni Bank Ltd. | 411,906 | 1,521 |
35 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Iwatani Corp. | 33,411 | 1,516 | |
Benesse Holdings Inc. | 63,718 | 1,502 | |
Iyo Bank Ltd. | 239,225 | 1,501 | |
Bic Camera Inc. | 132,493 | 1,463 | |
Fujitec Co. Ltd. | 66,840 | 1,456 | |
DeNA Co. Ltd. | 85,335 | 1,456 | |
Rengo Co. Ltd. | 188,426 | 1,450 | |
Nippon Electric Glass Co. Ltd. | 73,564 | 1,447 | |
Fuji Corp. | 71,636 | 1,440 | |
Sumitomo Rubber Industries Ltd. | 163,245 | 1,436 | |
Amano Corp. | 60,880 | 1,433 | |
GMO internet Inc. | 53,712 | 1,433 | |
Kaneka Corp. | 50,830 | 1,422 | |
Hirogin Holdings Inc. | 260,826 | 1,420 | |
Furukawa Electric Co. Ltd. | 56,073 | 1,405 | |
Mani Inc. | 55,915 | 1,399 | |
Nippon Shokubai Co. Ltd. | 28,452 | 1,393 | |
Japan Real Estate Investment Corp. | 284 | 1,392 | |
Fujitsu General Ltd. | 50,040 | 1,389 | |
Toyo Tire Corp. | 92,630 | 1,374 | |
IHI Corp. | 113,365 | 1,373 | |
Tokuyama Corp. | 61,582 | 1,372 | |
Benefit One Inc. | 54,080 | 1,353 | |
Yokohama Rubber Co. Ltd. | 94,212 | 1,353 | |
Yaoko Co. Ltd. | 19,101 | 1,352 | |
Yamaguchi Financial Group Inc. | 207,704 | 1,351 | |
* | Park24 Co. Ltd. | 99,412 | 1,343 |
Seven Bank Ltd. | 585,072 | 1,343 | |
SMS Co. Ltd. | 45,568 | 1,342 | |
Pola Orbis Holdings Inc. | 67,352 | 1,328 | |
cocokara fine Inc. | 20,015 | 1,315 | |
Morinaga & Co. Ltd. | 34,410 | 1,307 | |
JCR Pharmaceuticals Co. Ltd. | 50,132 | 1,298 | |
Nippon Kayaku Co. Ltd. | 148,918 | 1,282 | |
OKUMA Corp. | 26,340 | 1,278 | |
TS Tech Co. Ltd. | 45,961 | 1,272 | |
Maruichi Steel Tube Ltd. | 55,427 | 1,272 | |
Chugoku Bank Ltd. | 146,501 | 1,269 | |
Katitas Co. Ltd. | 44,700 | 1,268 | |
JAFCO Group Co. ltd | 27,755 | 1,255 | |
Daiichikosho Co. Ltd. | 36,607 | 1,253 | |
GLP J-Reit | 811 | 1,250 | |
Fuji Oil Holdings Inc. | 39,390 | 1,246 | |
Mitsui Mining & Smelting Co. Ltd. | 48,945 | 1,236 | |
Toyo Seikan Group Holdings Ltd. | 131,531 | 1,229 | |
Seino Holdings Co. Ltd. | 94,610 | 1,223 | |
GS Yuasa Corp. | 69,938 | 1,221 | |
Hitachi Transport System Ltd. | 38,399 | 1,217 | |
Nagase & Co. Ltd. | 93,285 | 1,216 | |
Fukuyama Transporting Co. Ltd. | 28,945 | 1,213 | |
Toda Corp. | 211,520 | 1,208 | |
DMG Mori Co. Ltd. | 89,324 | 1,194 | |
Gunma Bank Ltd. | 375,972 | 1,193 | |
Izumi Co. Ltd. | 35,115 | 1,191 | |
Mirait Holdings Corp. | 83,538 | 1,189 | |
ABC-Mart Inc. | 23,366 | 1,185 | |
Japan Steel Works Ltd. | 55,081 | 1,178 | |
Dowa Holdings Co. Ltd. | 40,729 | 1,166 | |
Kaken Pharmaceutical Co. Ltd. | 29,539 | 1,163 | |
Toagosei Co. Ltd. | 109,814 | 1,163 | |
Nomura Real Estate Master Fund Inc. | 972 | 1,161 | |
NOK Corp. | 101,729 | 1,160 | |
ADEKA Corp. | 89,338 | 1,155 | |
Tokyo Seimitsu Co. Ltd. | 34,221 | 1,155 |
36 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
H.U. Group Holdings Inc. | 45,242 | 1,151 | |
Systena Corp. | 62,380 | 1,132 | |
Takara Bio Inc. | 41,386 | 1,127 | |
Kusuri no Aoki Holdings Co. Ltd. | 14,026 | 1,120 | |
Ushio Inc. | 100,137 | 1,119 | |
Nippo Corp. | 43,463 | 1,116 | |
NSD Co. Ltd. | 63,152 | 1,109 | |
Inaba Denki Sangyo Co. Ltd. | 46,060 | 1,109 | |
Jeol Ltd. | 34,524 | 1,100 | |
Japan Elevator Service Holdings Co. Ltd. | 28,600 | 1,099 | |
Hokuriku Electric Power Co. | 153,242 | 1,093 | |
^ | Kobe Bussan Co. Ltd. | 38,800 | 1,092 |
Internet Initiative Japan Inc. | 24,373 | 1,090 | |
Kadokawa Corp. | 35,844 | 1,090 | |
Asahi Holdings Inc. | 33,358 | 1,088 | |
Hazama Ando Corp. | 174,659 | 1,085 | |
Yoshinoya Holdings Co. Ltd. | 58,702 | 1,079 | |
Nipro Corp. | 101,648 | 1,070 | |
Nichias Corp. | 49,139 | 1,064 | |
OSG Corp. | 70,997 | 1,064 | |
NEC Networks & System Integration Corp. | 61,285 | 1,063 | |
Daiwabo Holdings Co. Ltd. | 16,216 | 1,062 | |
Toyobo Co. Ltd. | 79,392 | 1,058 | |
AEON Financial Service Co. Ltd. | 103,131 | 1,056 | |
* | Kobe Steel Ltd. | 270,406 | 1,056 |
Hokuhoku Financial Group Inc. | 110,805 | 1,051 | |
Kokuyo Co. Ltd. | 77,107 | 1,048 | |
Meitec Corp. | 21,081 | 1,045 | |
Sankyo Co. Ltd. | 40,878 | 1,042 | |
* | Mitsubishi Motors Corp. | 565,591 | 1,037 |
Shochiku Co. Ltd. | 8,956 | 1,037 | |
Shinko Electric Industries Co. Ltd. | 58,993 | 1,029 | |
Ariake Japan Co. Ltd. | 16,017 | 1,026 | |
Konica Minolta Inc. | 402,141 | 1,025 | |
Daido Steel Co. Ltd. | 31,045 | 1,017 | |
TOKAI Holdings Corp. | 102,575 | 1,016 | |
Daiwa House REIT Investment Corp. | 437 | 1,011 | |
Digital Garage Inc. | 28,348 | 1,008 | |
Takuma Co. Ltd. | 65,752 | 1,007 | |
Fuji Soft Inc. | 18,703 | 1,000 | |
Shikoku Electric Power Co. Inc. | 138,025 | 992 | |
Fuyo General Lease Co. Ltd. | 17,211 | 988 | |
Takashimaya Co. Ltd. | 131,957 | 986 | |
Sakata Seed Corp. | 27,850 | 983 | |
* | SHIFT Inc. | 7,700 | 977 |
Nippon Paper Industries Co. Ltd. | 86,209 | 974 | |
Sumitomo Osaka Cement Co. Ltd. | 31,826 | 968 | |
Kyudenko Corp. | 35,218 | 961 | |
Glory Ltd. | 45,543 | 960 | |
Elecom Co. Ltd. | 19,111 | 957 | |
Sanrio Co. Ltd. | 51,676 | 951 | |
Lintec Corp. | 42,867 | 950 | |
* | Change Inc. | 12,400 | 950 |
Topcon Corp. | 94,814 | 945 | |
JINS Holdings Inc. | 13,030 | 944 | |
DCM Holdings Co. Ltd. | 76,062 | 942 | |
Mizuho Leasing Co. Ltd. | 36,966 | 942 | |
Duskin Co. Ltd. | 36,895 | 942 | |
Nishi-Nippon Financial Holdings Inc. | 137,742 | 933 | |
Kenedix Inc. | 180,008 | 933 | |
* | Kawasaki Kisen Kaisha Ltd. | 76,314 | 933 |
Daio Paper Corp. | 64,066 | 926 | |
Nippon Suisan Kaisha Ltd. | 238,675 | 919 | |
Sapporo Holdings Ltd. | 56,208 | 918 |
37 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Nitto Boseki Co. Ltd. | 24,769 | 910 | |
Shiga Bank Ltd. | 42,064 | 908 | |
Wacoal Holdings Corp. | 49,767 | 902 | |
Toei Co. Ltd. | 6,068 | 895 | |
Heiwa Real Estate Co. Ltd. | 30,435 | 889 | |
Trusco Nakayama Corp. | 34,418 | 888 | |
77 Bank Ltd. | 63,070 | 882 | |
Fuji Kyuko Co. Ltd. | 20,493 | 879 | |
Pilot Corp. | 31,484 | 878 | |
NHK Spring Co. Ltd. | 144,841 | 876 | |
Wacom Co. Ltd. | 132,931 | 874 | |
Daiseki Co. Ltd. | 34,120 | 869 | |
Nishimatsu Construction Co. Ltd. | 44,541 | 865 | |
Toho Holdings Co. Ltd. | 46,760 | 865 | |
Toshiba TEC Corp. | 21,587 | 864 | |
IR Japan Holdings Ltd. | 7,800 | 864 | |
Cosmo Energy Holdings Co. Ltd. | 58,501 | 856 | |
Nisshinbo Holdings Inc. | 127,911 | 853 | |
Milbon Co. Ltd. | 16,614 | 852 | |
Maeda Corp. | 118,077 | 850 | |
Nikkon Holdings Co. Ltd. | 44,153 | 845 | |
Outsourcing Inc. | 90,730 | 841 | |
Mochida Pharmaceutical Co. Ltd. | 22,980 | 839 | |
NS Solutions Corp. | 28,448 | 833 | |
Kumiai Chemical Industry Co. Ltd. | 86,637 | 833 | |
Kiyo Bank Ltd. | 55,700 | 832 | |
Nojima Corp. | 29,650 | 832 | |
Nippon Light Metal Holdings Co. Ltd. | 52,634 | 831 | |
Joyful Honda Co. Ltd. | 53,414 | 831 | |
Valor Holdings Co. Ltd. | 33,725 | 831 | |
CKD Corp. | 49,845 | 830 | |
GungHo Online Entertainment Inc. | 32,965 | 819 | |
Advance Residence Investment Corp. | 279 | 815 | |
Japan Retail Fund Investment Corp. | 562 | 810 | |
Canon Marketing Japan Inc. | 37,989 | 809 | |
Senko Group Holdings Co. Ltd. | 90,410 | 809 | |
Sumitomo Bakelite Co. Ltd. | 28,450 | 805 | |
Kohnan Shoji Co. Ltd. | 23,577 | 805 | |
Resorttrust Inc. | 57,094 | 804 | |
Taiyo Holdings Co. Ltd. | 15,220 | 797 | |
Megmilk Snow Brand Co. Ltd. | 36,706 | 795 | |
Toyota Boshoku Corp. | 54,726 | 795 | |
TKC Corp. | 12,732 | 789 | |
Kyoritsu Maintenance Co. Ltd. | 21,988 | 787 | |
Nihon Parkerizing Co. Ltd. | 79,751 | 786 | |
Kotobuki Spirits Co. Ltd. | 16,913 | 784 | |
* | Aiful Corp. | 263,642 | 783 |
Orix JREIT Inc. | 556 | 781 | |
Itoham Yonekyu Holdings Inc. | 116,036 | 777 | |
Hitachi Capital Corp. | 36,602 | 774 | |
Maruwa Unyu Kikan Co. Ltd. | 17,994 | 773 | |
Prima Meat Packers Ltd. | 26,965 | 769 | |
Macnica Fuji Electronics Holdings Inc. | 42,759 | 765 | |
Tadano Ltd. | 99,766 | 764 | |
Japan Lifeline Co. Ltd. | 58,908 | 760 | |
^ | Matsui Securities Co. Ltd. | 94,923 | 760 |
Earth Corp. | 11,939 | 758 | |
Maruwa Co. Ltd. | 7,262 | 755 | |
Anicom Holdings Inc. | 70,936 | 749 | |
Ichibanya Co. Ltd. | 14,724 | 747 | |
Komeri Co. Ltd. | 25,370 | 747 | |
Nichiha Corp. | 25,468 | 742 | |
Sangetsu Corp. | 51,405 | 741 | |
Takasago Thermal Engineering Co. Ltd. | 55,698 | 738 |
38 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Kumagai Gumi Co. Ltd. | 31,937 | 738 | |
Heiwa Corp. | 45,356 | 733 | |
Tomy Co. Ltd. | 83,186 | 728 | |
Kandenko Co. Ltd. | 96,714 | 726 | |
Colowide Co. Ltd. | 48,337 | 724 | |
Okumura Corp. | 31,185 | 722 | |
Zojirushi Corp. | 40,298 | 720 | |
Awa Bank Ltd. | 29,923 | 720 | |
Ogaki Kyoritsu Bank Ltd. | 32,219 | 719 | |
Paramount Bed Holdings Co. Ltd. | 18,511 | 713 | |
* | NTN Corp. | 381,617 | 708 |
* | UT Group Co. Ltd. | 22,700 | 707 |
ASKUL Corp. | 18,405 | 707 | |
Central Glass Co. Ltd. | 32,916 | 706 | |
Daishi Hokuetsu Financial Group Inc. | 36,748 | 706 | |
OBIC Business Consultants Co. Ltd. | 13,032 | 701 | |
Nishimatsuya Chain Co. Ltd. | 42,980 | 699 | |
DTS Corp. | 35,912 | 698 | |
Kureha Corp. | 16,426 | 697 | |
Fuji Seal International Inc. | 37,203 | 695 | |
Autobacs Seven Co. Ltd. | 54,014 | 691 | |
Strike Co. Ltd. | 12,830 | 689 | |
Daihen Corp. | 17,807 | 689 | |
San-A Co. Ltd. | 16,516 | 688 | |
Tokai Rika Co. Ltd. | 43,870 | 687 | |
EDION Corp. | 69,757 | 687 | |
Oki Electric Industry Co. Ltd. | 73,610 | 683 | |
Showa Sangyo Co. Ltd. | 21,886 | 676 | |
Tokyotokeiba Co. Ltd. | 13,530 | 674 | |
Tri Chemical Laboratories Inc. | 5,600 | 672 | |
Yamato Kogyo Co. Ltd. | 27,954 | 671 | |
Industrial & Infrastructure Fund Investment Corp. | 394 | 671 | |
Iriso Electronics Co. Ltd. | 17,607 | 670 | |
Kintetsu World Express Inc. | 31,535 | 670 | |
Nippon Flour Mills Co. Ltd. | 41,763 | 670 | |
United Urban Investment Corp. | 622 | 664 | |
Taikisha Ltd. | 25,467 | 663 | |
Maruha Nichiro Corp. | 31,632 | 663 | |
Takeuchi Manufacturing Co. Ltd. | 30,341 | 661 | |
Shoei Co. Ltd. | 21,700 | 661 | |
Japan Material Co. Ltd. | 50,836 | 657 | |
Arcs Co. Ltd. | 29,641 | 656 | |
San-In Godo Bank Ltd. | 129,198 | 650 | |
Information Services International-Dentsu Ltd. | 10,346 | 650 | |
Eizo Corp. | 17,210 | 650 | |
Kato Sangyo Co. Ltd. | 19,499 | 648 | |
Prestige International Inc. | 76,106 | 648 | |
Tsubakimoto Chain Co. | 29,144 | 647 | |
Nachi-Fujikoshi Corp. | 16,313 | 647 | |
Transcosmos Inc. | 23,677 | 646 | |
Infocom Corp. | 17,815 | 645 | |
Nippon Soda Co. Ltd. | 24,572 | 645 | |
* | Fujikura Ltd. | 243,122 | 644 |
Create SD Holdings Co. Ltd. | 19,899 | 642 | |
Sanken Electric Co. Ltd. | 19,996 | 640 | |
Tokyo Dome Corp. | 79,767 | 638 | |
Makino Milling Machine Co. Ltd. | 18,413 | 634 | |
Totetsu Kogyo Co. Ltd. | 24,370 | 633 | |
Morita Holdings Corp. | 34,516 | 631 | |
Hokkaido Electric Power Co. Inc. | 161,970 | 628 | |
Fujimi Inc. | 17,510 | 623 | |
Seiren Co. Ltd. | 38,782 | 615 | |
Cybozu Inc. | 21,288 | 614 | |
* | RENOVA Inc. | 38,500 | 614 |
39 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Noevir Holdings Co. Ltd. | 13,727 | 613 | |
* | GMO GlobalSign Holdings KK | 5,811 | 613 |
Digital Arts Inc. | 8,656 | 612 | |
Citizen Watch Co. Ltd. | 229,881 | 609 | |
Life Corp. | 17,310 | 609 | |
Hanwa Co. Ltd. | 31,329 | 607 | |
en-japan Inc. | 27,600 | 607 | |
JCU Corp. | 19,298 | 606 | |
MOS Food Services Inc. | 22,186 | 605 | |
Keihanshin Building Co. Ltd. | 33,031 | 599 | |
Hitachi Zosen Corp. | 147,834 | 595 | |
Nippon Densetsu Kogyo Co. Ltd. | 30,638 | 594 | |
Hokkoku Bank Ltd. | 20,784 | 591 | |
Fuso Chemical Co. Ltd. | 17,312 | 591 | |
Raito Kogyo Co. Ltd. | 41,488 | 588 | |
Funai Soken Holdings Inc. | 27,156 | 587 | |
FCC Co. Ltd. | 30,438 | 584 | |
Orient Corp. | 526,345 | 584 | |
Tsugami Corp. | 41,762 | 583 | |
Kansai Mirai Financial Group Inc. | 159,232 | 580 | |
Nisshin Oillio Group Ltd. | 20,090 | 577 | |
eGuarantee Inc. | 25,900 | 577 | |
Yamazen Corp. | 58,692 | 575 | |
Hogy Medical Co. Ltd. | 19,596 | 575 | |
Okamura Corp. | 75,123 | 574 | |
Sekisui House Reit Inc. | 820 | 573 | |
Shibuya Corp. | 18,504 | 573 | |
Atom Corp. | 71,451 | 573 | |
Fujimori Kogyo Co. Ltd. | 13,930 | 571 | |
Okinawa Electric Power Co. Inc. | 38,944 | 568 | |
S Foods Inc. | 17,036 | 567 | |
Ai Holdings Corp. | 32,236 | 567 | |
Japan Wool Textile Co. Ltd. | 58,100 | 564 | |
ZERIA Pharmaceutical Co. Ltd. | 31,705 | 563 | |
Kanamoto Co. Ltd. | 27,275 | 563 | |
Nagaileben Co. Ltd. | 22,383 | 560 | |
Japan Aviation Electronics Industry Ltd. | 40,491 | 558 | |
Starts Corp. Inc. | 23,960 | 557 | |
Mitsui Fudosan Logistics Park Inc. | 116 | 554 | |
Gunze Ltd. | 15,022 | 553 | |
Aruhi Corp. | 30,721 | 552 | |
Kameda Seika Co. Ltd. | 12,138 | 550 | |
Meidensha Corp. | 35,715 | 546 | |
United Super Markets Holdings Inc. | 50,735 | 546 | |
North Pacific Bank Ltd. | 256,693 | 543 | |
Suruga Bank Ltd. | 166,283 | 543 | |
Arata Corp. | 11,149 | 542 | |
Hyakugo Bank Ltd. | 175,738 | 538 | |
Ohsho Food Service Corp. | 9,750 | 536 | |
Kura Sushi Inc. | 8,855 | 534 | |
Eiken Chemical Co. Ltd. | 27,856 | 533 | |
Axial Retailing Inc. | 12,534 | 532 | |
BML Inc. | 18,903 | 531 | |
KYORIN Holdings Inc. | 29,387 | 531 | |
Kanematsu Corp. | 44,814 | 531 | |
MCJ Co. Ltd. | 57,608 | 531 | |
Juroku Bank Ltd. | 28,937 | 531 | |
LaSalle Logiport REIT | 340 | 529 | |
Kissei Pharmaceutical Co. Ltd. | 26,852 | 528 | |
Okamoto Industries Inc. | 12,831 | 528 | |
Nippon Accommodations Fund Inc. | 92 | 527 | |
Activia Properties Inc. | 144 | 520 | |
* | euglena Co. Ltd. | 61,508 | 516 |
^ | Maeda Kosen Co. Ltd. | 19,400 | 515 |
40 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Ichigo Inc. | 181,243 | 514 | |
H2O Retailing Corp. | 78,000 | 513 | |
Dexerials Corp. | 44,780 | 512 | |
Nikkiso Co. Ltd. | 53,320 | 511 | |
KOMEDA Holdings Co. Ltd. | 28,858 | 510 | |
Japan Logistics Fund Inc. | 181 | 509 | |
Sumitomo Warehouse Co. Ltd. | 43,436 | 508 | |
Ryoyo Electro Corp. | 18,406 | 508 | |
Tokai Tokyo Financial Holdings Inc. | 196,734 | 507 | |
Bank of Okinawa Ltd. | 17,980 | 505 | |
* | M&A Capital Partners Co. Ltd. | 11,144 | 504 |
Saibu Gas Co. Ltd. | 20,892 | 502 | |
Token Corp. | 6,666 | 502 | |
Comture Corp. | 19,700 | 501 | |
Belc Co. Ltd. | 8,158 | 501 | |
*,^ | Optim Corp. | 17,782 | 499 |
Takara Standard Co. Ltd. | 37,981 | 498 | |
* | Descente Ltd. | 32,088 | 498 |
Solasto Corp. | 40,700 | 497 | |
Sumitomo Mitsui Construction Co. Ltd. | 128,432 | 496 | |
Maeda Road Construction Co. Ltd. | 29,529 | 492 | |
Japan Prime Realty Investment Corp. | 182 | 492 | |
Max Co. Ltd. | 35,118 | 491 | |
San-Ai Oil Co. Ltd. | 48,442 | 488 | |
Nanto Bank Ltd. | 27,521 | 488 | |
Sekisui Jushi Corp. | 24,171 | 488 | |
TBS Holdings Inc. | 31,537 | 487 | |
Hirata Corp. | 7,815 | 486 | |
Mitsubishi Logisnext Co. Ltd. | 57,561 | 486 | |
Mitsubishi Pencil Co. Ltd. | 37,692 | 485 | |
Yokogawa Bridge Holdings Corp. | 27,259 | 483 | |
Mitsuuroko Group Holdings Co. Ltd. | 40,200 | 481 | |
*,^ | Osaka Organic Chemical Industry Ltd. | 18,200 | 480 |
Daiho Corp. | 14,924 | 480 | |
Chudenko Corp. | 23,582 | 479 | |
SKY Perfect JSAT Holdings Inc. | 111,330 | 475 | |
Daibiru Corp. | 41,887 | 474 | |
Tokyo Steel Manufacturing Co. Ltd. | 74,449 | 474 | |
Toridoll Holdings Corp. | 37,300 | 473 | |
Keiyo Bank Ltd. | 104,953 | 473 | |
Nissan Shatai Co. Ltd. | 55,910 | 472 | |
Raiznext Corp. | 40,723 | 472 | |
* | Raksul Inc. | 9,600 | 467 |
Teikoku Sen-I Co. Ltd. | 18,503 | 465 | |
Tocalo Co. Ltd. | 46,656 | 465 | |
Restar Holdings Corp. | 21,427 | 459 | |
Nippon Signal Company Ltd. | 52,521 | 457 | |
METAWATER Co. Ltd. | 19,496 | 457 | |
Kenedix Office Investment Corp. | 79 | 457 | |
Yodogawa Steel Works Ltd. | 24,170 | 454 | |
Nomura Co. Ltd. | 69,940 | 452 | |
Shizuoka Gas Co. Ltd. | 51,338 | 451 | |
Kanematsu Electronics Ltd. | 11,145 | 451 | |
Inabata & Co. Ltd. | 38,798 | 450 | |
Kisoji Co. Ltd. | 19,100 | 450 | |
Hosiden Corp. | 50,734 | 450 | |
Gree Inc. | 85,839 | 448 | |
Chugoku Marine Paints Ltd. | 46,736 | 446 | |
Nitto Kogyo Corp. | 24,077 | 445 | |
Giken Ltd. | 12,537 | 444 | |
Bell System24 Holdings Inc. | 29,248 | 441 | |
Mandom Corp. | 29,627 | 441 | |
Optex Group Co. Ltd. | 29,568 | 441 | |
ValueCommerce Co. Ltd. | 13,900 | 440 |
41 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Nichicon Corp. | 54,114 | 438 | |
^ | Towa Pharmaceutical Co. Ltd. | 23,580 | 437 |
Monogatari Corp. | 4,271 | 436 | |
Japan Petroleum Exploration Co. Ltd. | 27,537 | 435 | |
Ringer Hut Co. Ltd. | 20,098 | 434 | |
Noritz Corp. | 29,741 | 434 | |
Yellow Hat Ltd. | 26,366 | 433 | |
Nippon Ceramic Co. Ltd. | 17,710 | 430 | |
Nippon Seiki Co. Ltd. | 38,091 | 429 | |
Relia Inc. | 37,706 | 429 | |
Yokowo Co. Ltd. | 16,940 | 429 | |
Adastria Co. Ltd. | 24,672 | 428 | |
Daiwa Securities Living Investments Corp. | 438 | 428 | |
Japan Hotel REIT Investment Corp. | 881 | 427 | |
Round One Corp. | 54,301 | 426 | |
Idec Corp. | 24,679 | 426 | |
^ | SAMTY Co. Ltd. | 26,900 | 426 |
Okasan Securities Group Inc. | 130,256 | 426 | |
Nissha Co. Ltd. | 36,128 | 425 | |
*,^ | Create Restaurants Holdings Inc. | 80,976 | 424 |
Megachips Corp. | 15,917 | 423 | |
Pacific Industrial Co. Ltd. | 41,992 | 422 | |
Aeon Delight Co. Ltd. | 16,014 | 422 | |
Yuasa Trading Co. Ltd. | 14,726 | 420 | |
Mitsui High-Tec Inc. | 20,588 | 420 | |
^ | Shoei Foods Corp. | 11,541 | 419 |
Musashi Seimitsu Industry Co. Ltd. | 40,004 | 418 | |
Osaka Soda Co. Ltd. | 17,519 | 417 | |
Taiko Pharmaceutical Co. Ltd. | 23,131 | 415 | |
Sato Holdings Corp. | 21,793 | 415 | |
Arcland Sakamoto Co. Ltd. | 21,480 | 414 | |
Jaccs Co. Ltd. | 23,684 | 414 | |
DKS Co. Ltd. | 10,000 | 413 | |
Wakita & Co. Ltd. | 39,899 | 413 | |
Joshin Denki Co. Ltd. | 16,614 | 412 | |
DyDo Group Holdings Inc. | 7,959 | 412 | |
Nohmi Bosai Ltd. | 18,900 | 409 | |
Argo Graphics Inc. | 13,300 | 409 | |
Nissin Electric Co. Ltd. | 40,790 | 408 | |
Fuji Media Holdings Inc. | 42,384 | 408 | |
Bunka Shutter Co. Ltd. | 51,648 | 406 | |
Sanyo Chemical Industries Ltd. | 9,552 | 405 | |
Riken Keiki Co. Ltd. | 15,620 | 404 | |
Hiday Hidaka Corp. | 24,749 | 403 | |
Sakata INX Corp. | 38,706 | 403 | |
Shibaura Machine Co. Ltd. | 20,093 | 401 | |
Trancom Co. Ltd. | 5,572 | 400 | |
TOMONY Holdings Inc. | 132,808 | 400 | |
UACJ Corp. | 25,269 | 400 | |
Kitz Corp. | 73,588 | 398 | |
Pressance Corp. | 29,163 | 398 | |
Bank of Nagoya Ltd. | 16,018 | 398 | |
Hokuetsu Corp. | 119,956 | 396 | |
Ryosan Co. Ltd. | 21,378 | 395 | |
Mori Hills REIT Investment Corp. | 321 | 395 | |
Itochu Enex Co. Ltd. | 41,788 | 393 | |
Monex Group Inc. | 163,418 | 393 | |
Star Micronics Co. Ltd. | 29,243 | 393 | |
Aida Engineering Ltd. | 51,234 | 392 | |
Fujicco Co. Ltd. | 20,301 | 389 | |
^ | Royal Holdings Co. Ltd. | 22,879 | 389 |
Frontier Real Estate Investment Corp. | 116 | 388 | |
Maruzen Showa Unyu Co. Ltd. | 13,238 | 388 | |
Saizeriya Co. Ltd. | 22,281 | 387 |
42 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Hamakyorex Co. Ltd. | 13,629 | 387 | |
Inageya Co. Ltd. | 22,165 | 387 | |
Daito Pharmaceutical Co. Ltd. | 10,050 | 384 | |
Doshisha Co. Ltd. | 20,797 | 383 | |
*,^ | HIS Co. Ltd. | 28,348 | 382 |
Invincible Investment Corp. | 1,193 | 381 | |
Shinmaywa Industries Ltd. | 49,129 | 381 | |
Hulic Reit Inc. | 290 | 381 | |
Fukui Bank Ltd. | 21,296 | 381 | |
Aomori Bank Ltd. | 17,210 | 380 | |
Fukushima Galilei Co. Ltd. | 10,148 | 380 | |
YAMABIKO Corp. | 30,247 | 379 | |
TechMatrix Corp. | 17,800 | 379 | |
Nichi-iko Pharmaceutical Co. Ltd. | 38,305 | 379 | |
^ | COLOPL Inc. | 43,782 | 377 |
Nippon Steel Trading Corp. | 13,235 | 377 | |
Media Do Co. Ltd. | 5,330 | 377 | |
Rorze Corp. | 8,456 | 377 | |
Yamashin-Filter Corp. | 32,899 | 376 | |
T Hasegawa Co. Ltd. | 19,299 | 376 | |
Musashino Bank Ltd. | 25,351 | 376 | |
* | Maxell Holdings Ltd. | 35,902 | 375 |
Shima Seiki Manufacturing Ltd. | 25,268 | 375 | |
Comforia Residential REIT Inc. | 131 | 375 | |
Senshu Ikeda Holdings Inc. | 244,764 | 374 | |
Uchida Yoko Co. Ltd. | 7,559 | 373 | |
Broadleaf Co. Ltd. | 71,326 | 373 | |
^ | Hoshino Resorts REIT Inc. | 79 | 373 |
Japan Securities Finance Co. Ltd. | 79,081 | 373 | |
Nextage Co. Ltd. | 30,900 | 371 | |
Belluna Co. Ltd. | 45,177 | 370 | |
Premier Investment Corp. | 336 | 370 | |
Toho Bank Ltd. | 169,750 | 370 | |
Tsukishima Kikai Co. Ltd. | 30,937 | 369 | |
S-Pool Inc. | 54,460 | 368 | |
Kenedix Residential Next Investment Corp. | 225 | 368 | |
Tokyu REIT Inc. | 269 | 366 | |
Siix Corp. | 30,836 | 365 | |
* | KYB Corp. | 17,627 | 364 |
Enigmo Inc. | 27,100 | 363 | |
AEON REIT Investment Corp. | 321 | 363 | |
NIPPON REIT Investment Corp. | 113 | 363 | |
Nippon Road Co. Ltd. | 4,974 | 361 | |
Hokuto Corp. | 17,105 | 360 | |
MCUBS MidCity Investment Corp | 500 | 359 | |
Topre Corp. | 35,612 | 358 | |
Japan Excellent Inc. | 325 | 358 | |
Nitta Corp. | 16,911 | 357 | |
Mitsubishi Estate Logistics REIT Investment Corp. | 89 | 355 | |
Sakai Moving Service Co. Ltd. | 7,859 | 355 | |
Hyakujushi Bank Ltd. | 22,278 | 355 | |
Plenus Co. Ltd. | 21,590 | 353 | |
Chofu Seisakusho Co. Ltd. | 17,311 | 353 | |
Obara Group Inc. | 10,145 | 352 | |
Noritsu Koki Co. Ltd. | 19,005 | 352 | |
Oiles Corp. | 25,171 | 352 | |
SBS Holdings Inc. | 15,400 | 351 | |
T-Gaia Corp. | 19,004 | 349 | |
Mori Trust Sogo Reit Inc. | 292 | 349 | |
Noritake Co. Ltd. | 11,840 | 348 | |
Geo Holdings Corp. | 23,364 | 348 | |
Ehime Bank Ltd. | 32,341 | 347 | |
Sanyo Denki Co. Ltd. | 7,859 | 346 | |
Fujibo Holdings Inc. | 9,949 | 346 |
43 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Yamagata Bank Ltd. | 27,958 | 345 | |
Konishi Co. Ltd. | 23,680 | 344 | |
Mitsui-Soko Holdings Co. Ltd. | 19,400 | 342 | |
Dip Corp. | 17,806 | 342 | |
Daiwa Office Investment Corp. | 63 | 342 | |
Fukuoka REIT Corp. | 282 | 342 | |
V Technology Co. Ltd. | 7,958 | 341 | |
*,^ | Leopalace21 Corp. | 217,176 | 340 |
Elan Corp. | 15,000 | 340 | |
Bank of Iwate Ltd. | 15,124 | 340 | |
Miroku Jyoho Service Co. Ltd. | 16,712 | 338 | |
Toppan Forms Co. Ltd. | 35,016 | 336 | |
Heiwa Real Estate REIT Inc. | 310 | 335 | |
Doutor Nichires Holdings Co. Ltd. | 23,871 | 335 | |
Seikagaku Corp. | 36,422 | 335 | |
ARTERIA Networks Corp. | 21,200 | 334 | |
Fuji Co. Ltd. | 18,016 | 334 | |
Nippon Koei Co. Ltd. | 12,635 | 333 | |
YA-MAN Ltd. | 23,370 | 333 | |
Mitsubishi Shokuhin Co. Ltd. | 12,735 | 332 | |
* | Medical Data Vision Co. Ltd. | 14,126 | 332 |
Torii Pharmaceutical Co. Ltd. | 11,642 | 331 | |
Sanshin Electronics Co. Ltd. | 17,083 | 330 | |
Tamura Corp. | 69,447 | 330 | |
Global One Real Estate Investment Corp. | 365 | 330 | |
Shikoku Chemicals Corp. | 29,844 | 329 | |
Tokushu Tokai Paper Co. Ltd. | 7,860 | 328 | |
Ricoh Leasing Co. Ltd. | 12,137 | 325 | |
Bank of the Ryukyus Ltd. | 39,342 | 324 | |
Oita Bank Ltd. | 14,029 | 324 | |
Koa Corp. | 26,069 | 324 | |
Exedy Corp. | 25,663 | 324 | |
Japan Pulp & Paper Co. Ltd. | 9,249 | 323 | |
* | Grace Technology Inc. | 5,921 | 323 |
* | Litalico Inc. | 12,200 | 322 |
United Arrows Ltd. | 23,678 | 322 | |
Kyokuto Kaihatsu Kogyo Co. Ltd. | 26,062 | 322 | |
KH Neochem Co. Ltd. | 13,737 | 321 | |
Genky DrugStores Co. Ltd. | 7,800 | 321 | |
Okuwa Co. Ltd. | 23,977 | 321 | |
Piolax Inc. | 21,888 | 321 | |
Invesco Office J-Reit Inc. | 2,588 | 321 | |
Tonami Holdings Co. Ltd. | 5,969 | 320 | |
Yokohama Reito Co. Ltd. | 39,527 | 320 | |
Kenedix Retail REIT Corp. | 167 | 320 | |
Cawachi Ltd. | 11,246 | 319 | |
LEC Inc. | 22,484 | 318 | |
Kaga Electronics Co. Ltd. | 16,418 | 317 | |
Zuken Inc. | 12,535 | 317 | |
Yondoshi Holdings Inc. | 18,618 | 317 | |
Meisei Industrial Co. Ltd. | 40,984 | 316 | |
Tokai Corp. | 16,018 | 312 | |
Daiichi Jitsugyo Co. Ltd. | 8,757 | 312 | |
Nippon Carbon Co. Ltd. | 8,951 | 312 | |
GLOBERIDE Inc. | 9,500 | 311 | |
Chubu Shiryo Co. Ltd. | 23,379 | 310 | |
Ebase Co. Ltd. | 33,400 | 310 | |
Computer Engineering & Consulting Ltd. | 21,728 | 310 | |
Organo Corp. | 5,893 | 308 | |
Taihei Dengyo Kaisha Ltd. | 14,230 | 307 | |
Seiko Holdings Corp. | 24,393 | 307 | |
Tsurumi Manufacturing Co. Ltd. | 18,204 | 307 | |
Furukawa Co. Ltd. | 29,647 | 307 | |
^ | eRex Co. Ltd. | 27,361 | 307 |
44 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Denyo Co. Ltd. | 13,729 | 307 | |
Mimasu Semiconductor Industry Co. Ltd. | 13,034 | 306 | |
Sumitomo Densetsu Co. Ltd. | 12,835 | 306 | |
KFC Holdings Japan Ltd. | 12,734 | 305 | |
Dai-Dan Co. Ltd. | 12,369 | 303 | |
Marudai Food Co. Ltd. | 19,196 | 301 | |
* | Chiyoda Corp. | 138,108 | 300 |
Kurabo Industries Ltd. | 16,604 | 299 | |
Sintokogio Ltd. | 43,278 | 299 | |
TPR Co. Ltd. | 24,872 | 298 | |
Sanyo Electric Railway Co. Ltd. | 15,123 | 297 | |
Miyazaki Bank Ltd. | 13,771 | 297 | |
Key Coffee Inc. | 14,522 | 297 | |
Okabe Co. Ltd. | 38,911 | 294 | |
Nippon Kanzai Co. Ltd. | 15,025 | 293 | |
* | Kappa Create Co. Ltd. | 21,493 | 292 |
^ | Hioki EE Corp. | 8,259 | 291 |
Keiyo Co. Ltd. | 38,414 | 291 | |
Intage Holdings Inc. | 31,650 | 290 | |
Ines Corp. | 20,288 | 290 | |
Hosokawa Micron Corp. | 5,771 | 290 | |
J-Oil Mills Inc. | 8,158 | 288 | |
Kanto Denka Kogyo Co. Ltd. | 42,587 | 287 | |
JM Holdings Co. Ltd. | 12,600 | 287 | |
Nishio Rent All Co. Ltd. | 14,733 | 286 | |
* | Micronics Japan Co. Ltd. | 28,947 | 286 |
Avex Inc. | 29,555 | 286 | |
Pack Corp. | 10,146 | 285 | |
Shin-Etsu Polymer Co. Ltd. | 31,932 | 284 | |
Mitsuboshi Belting Ltd. | 18,101 | 283 | |
Daikyonishikawa Corp. | 50,945 | 282 | |
VT Holdings Co. Ltd. | 80,194 | 282 | |
TV Asahi Holdings Corp. | 18,600 | 281 | |
Tachibana Eletech Co. Ltd. | 17,100 | 280 | |
Mizuno Corp. | 16,715 | 280 | |
Toa Corp. | 15,618 | 279 | |
Alpen Co. Ltd. | 14,328 | 279 | |
Weathernews Inc. | 5,274 | 279 | |
Alconix Corp. | 19,620 | 278 | |
Vital KSK Holdings Inc. | 30,842 | 278 | |
Hoosiers Holdings | 43,400 | 276 | |
Fujio Food Group Inc. | 20,800 | 276 | |
Takamatsu Construction Group Co. Ltd. | 13,429 | 275 | |
Nissei ASB Machine Co. Ltd. | 7,063 | 275 | |
Future Corp. | 16,016 | 274 | |
Konoike Transport Co. Ltd. | 26,159 | 273 | |
EPS Holdings Inc. | 30,149 | 273 | |
Zenrin Co. Ltd. | 24,695 | 271 | |
Taki Chemical Co. Ltd. | 4,300 | 271 | |
Tsubaki Nakashima Co. Ltd. | 36,602 | 271 | |
TOC Co. Ltd. | 44,392 | 271 | |
Futaba Corp. | 31,735 | 270 | |
IDOM Inc. | 49,353 | 270 | |
Sinko Industries Ltd. | 19,209 | 269 | |
ESPEC Corp. | 16,612 | 269 | |
Sinfonia Technology Co. Ltd. | 24,678 | 269 | |
Futaba Industrial Co. Ltd. | 53,129 | 268 | |
Tokyu Construction Co. Ltd. | 60,880 | 268 | |
Starzen Co. Ltd. | 7,166 | 267 | |
*,^ | Nippon Sheet Glass Co. Ltd. | 76,382 | 266 |
Itochu-Shokuhin Co. Ltd. | 5,076 | 266 | |
Daikokutenbussan Co. Ltd. | 4,877 | 265 | |
Ryobi Ltd. | 24,477 | 265 | |
Pasona Group Inc. | 17,220 | 264 |
45 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
San ju San Financial Group Inc. | 21,073 | 263 | |
Daiken Corp. | 14,035 | 263 | |
DKK Co. Ltd. | 10,546 | 262 | |
Takasago International Corp. | 13,333 | 261 | |
Sodick Co. Ltd. | 35,114 | 261 | |
Modec Inc. | 17,909 | 260 | |
Sumitomo Seika Chemicals Co. Ltd. | 8,159 | 260 | |
Towa Corp. | 22,438 | 259 | |
Maxvalu Tokai Co. Ltd. | 10,400 | 259 | |
Union Tool Co. | 8,756 | 259 | |
Hibiya Engineering Ltd. | 15,995 | 259 | |
FULLCAST Holdings Co. Ltd. | 17,396 | 258 | |
Riso Kagaku Corp. | 21,483 | 258 | |
Komori Corp. | 39,987 | 257 | |
Toyo Construction Co. Ltd. | 66,670 | 255 | |
Advan Co. Ltd. | 20,987 | 255 | |
Tokyo Kiraboshi Financial Group Inc. | 23,265 | 254 | |
* | Nippon Denko Co. Ltd. | 107,376 | 253 |
^ | Kitanotatsujin Corp. | 54,100 | 252 |
Komatsu Matere Co. Ltd. | 30,943 | 251 | |
Iino Kaiun Kaisha Ltd. | 72,895 | 251 | |
Dainichiseika Color & Chemicals Manufacturing Co. Ltd. | 12,019 | 249 | |
Mitsui Sugar Co. Ltd. | 14,329 | 249 | |
*,^ | Japan Display Inc. | 508,239 | 249 |
SB Technology Corp. | 7,300 | 249 | |
Furuno Electric Co. Ltd. | 22,289 | 249 | |
Sakai Chemical Industry Co. Ltd. | 13,428 | 249 | |
ASKA Pharmaceutical Co. Ltd. | 19,704 | 249 | |
Aichi Steel Corp. | 10,247 | 247 | |
Nippon Television Holdings Inc. | 23,362 | 247 | |
* | Toho Zinc Co. Ltd. | 12,538 | 246 |
Nittetsu Mining Co. Ltd. | 5,672 | 246 | |
Tachi-S Co. Ltd. | 24,271 | 245 | |
Kyoei Steel Ltd. | 19,402 | 244 | |
Rock Field Co. Ltd. | 17,912 | 244 | |
Kintetsu Department Store Co. Ltd. | 7,958 | 244 | |
Tosei Corp. | 24,273 | 243 | |
Shin Nippon Air Technologies Co. Ltd. | 12,000 | 243 | |
Gakken Holdings Co. Ltd. | 17,812 | 241 | |
Matsuya Co. Ltd. | 36,619 | 240 | |
Arcland Service Holdings Co. Ltd. | 12,536 | 240 | |
Unipres Corp. | 31,020 | 240 | |
Nichiden Corp. | 11,540 | 240 | |
Riso Kyoiku Co. Ltd. | 82,000 | 240 | |
Curves Holdings Co. Ltd. | 38,968 | 239 | |
Hodogaya Chemical Co. Ltd. | 5,373 | 239 | |
Marusan Securities Co. Ltd. | 53,329 | 238 | |
Shinko Shoji Co. Ltd. | 28,830 | 238 | |
EM Systems Co. Ltd. | 31,500 | 238 | |
Stella Chemifa Corp. | 8,459 | 237 | |
Anest Iwata Corp. | 29,550 | 237 | |
Sinanen Holdings Co. Ltd. | 8,160 | 237 | |
Matsuyafoods Holdings Co. Ltd. | 7,163 | 236 | |
Financial Products Group Co. Ltd. | 54,318 | 236 | |
PAL GROUP Holdings Co. Ltd. | 20,302 | 236 | |
Icom Inc. | 9,055 | 236 | |
Japan Medical Dynamic Marketing Inc. | 11,155 | 235 | |
Tenma Corp. | 13,434 | 235 | |
YAKUODO Holdings Co. Ltd. | 9,552 | 234 | |
Valqua Ltd. | 13,931 | 234 | |
Canon Electronics Inc. | 16,916 | 233 | |
^ | Insource Co. Ltd. | 8,900 | 233 |
Qol Holdings Co. Ltd. | 21,327 | 233 | |
Aichi Bank Ltd. | 8,459 | 231 |
46 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Feed One Co. Ltd. | 26,468 | 231 | |
Yamanashi Chuo Bank Ltd. | 28,156 | 229 | |
Shikoku Bank Ltd. | 33,436 | 229 | |
Fukuda Corp. | 4,776 | 229 | |
* | KLab Inc. | 28,264 | 228 |
Amuse Inc. | 9,354 | 228 | |
CTS Co. Ltd. | 25,891 | 226 | |
Kyokuyo Co. Ltd. | 8,657 | 226 | |
Chukyo Bank Ltd. | 11,145 | 225 | |
Takara Leben Co. Ltd. | 80,012 | 223 | |
Toyo Tanso Co. Ltd. | 13,235 | 223 | |
Poletowin Pitcrew Holdings Inc. | 25,600 | 223 | |
^ | Mie Kotsu Group Holdings Inc. | 51,136 | 223 |
OSJB Holdings Corp. | 96,929 | 222 | |
Sankyo Tateyama Inc. | 24,977 | 222 | |
Kanaden Corp. | 16,616 | 222 | |
Towa Bank Ltd. | 33,647 | 222 | |
Ichikoh Industries Ltd. | 50,744 | 221 | |
Tekken Corp. | 11,842 | 221 | |
Fujiya Co. Ltd. | 9,951 | 221 | |
Asahi Diamond Industrial Co. Ltd. | 48,160 | 221 | |
Osaki Electric Co. Ltd. | 36,610 | 221 | |
Oyo Corp. | 19,102 | 219 | |
Tsukui Holdings Corp. | 43,784 | 219 | |
Akita Bank Ltd. | 16,024 | 217 | |
ES-Con Japan Ltd. | 26,600 | 216 | |
CI Takiron Corp. | 33,820 | 216 | |
SWCC Showa Holdings Co. Ltd. | 19,399 | 216 | |
Katakura Industries Co. Ltd. | 19,501 | 216 | |
LIFULL Co. Ltd. | 57,339 | 216 | |
^ | I'll Inc. | 16,700 | 215 |
Daiwa Industries Ltd. | 23,977 | 215 | |
Sourcenext Corp. | 77,200 | 215 | |
Foster Electric Co. Ltd. | 18,598 | 214 | |
Akatsuki Inc. | 4,800 | 214 | |
Toenec Corp. | 6,568 | 214 | |
Pacific Metals Co. Ltd. | 13,833 | 214 | |
Nagatanien Holdings Co. Ltd. | 10,048 | 213 | |
Riken Vitamin Co. Ltd. | 14,428 | 213 | |
MTI Ltd. | 24,078 | 213 | |
Press Kogyo Co. Ltd. | 79,693 | 212 | |
Japan Transcity Corp. | 45,176 | 211 | |
Kenko Mayonnaise Co. Ltd. | 12,438 | 210 | |
Aichi Corp. | 24,182 | 209 | |
Halows Co. Ltd. | 6,661 | 209 | |
Mitsubishi Research Institute Inc. | 5,771 | 209 | |
RS Technologies Co. Ltd. | 6,200 | 209 | |
*,^ | Sagami Holdings Corp. | 17,211 | 209 |
Kansai Super Market Ltd. | 18,112 | 208 | |
Ishihara Sangyo Kaisha Ltd. | 32,039 | 208 | |
Dai Nippon Toryo Co. Ltd. | 22,386 | 208 | |
Nippon Thompson Co. Ltd. | 62,394 | 208 | |
* | Sanyo Special Steel Co. Ltd. | 21,177 | 208 |
Bando Chemical Industries Ltd. | 37,903 | 207 | |
Eagle Industry Co. Ltd. | 25,976 | 207 | |
Tanseisha Co. Ltd. | 30,449 | 206 | |
WDB Holdings Co. Ltd. | 7,076 | 205 | |
Marvelous Inc. | 27,269 | 205 | |
Enplas Corp. | 9,351 | 205 | |
Kamei Corp. | 20,196 | 204 | |
G-Tekt Corp. | 18,104 | 204 | |
Asahi Co. Ltd. | 12,343 | 204 | |
Tayca Corp. | 15,288 | 204 | |
Yurtec Corp. | 33,551 | 203 |
47 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Sun Frontier Fudousan Co. Ltd. | 25,204 | 203 | |
Tamron Co. Ltd. | 13,427 | 200 | |
Yorozu Corp. | 18,513 | 200 | |
^ | PC Depot Corp. | 32,670 | 199 |
Nihon Chouzai Co. Ltd. | 12,338 | 199 | |
ST Corp. | 10,349 | 198 | |
Macromill Inc. | 31,887 | 198 | |
Shinnihon Corp. | 23,682 | 198 | |
Kanagawa Chuo Kotsu Co. Ltd. | 5,370 | 198 | |
Nissin Sugar Co. Ltd. | 11,300 | 197 | |
JVCKenwood Corp. | 145,475 | 197 | |
World Co. Ltd. | 15,500 | 197 | |
* | Mitsui E&S Holdings Co. Ltd. | 61,557 | 195 |
*,^ | Vision Inc. | 22,313 | 194 |
Goldcrest Co. Ltd. | 15,126 | 193 | |
* | Nippon Chemi-Con Corp. | 15,096 | 193 |
CMK Corp. | 42,981 | 192 | |
Central Security Patrols Co. Ltd. | 6,202 | 192 | |
Daido Metal Co. Ltd. | 39,634 | 192 | |
Sparx Group Co. Ltd. | 88,900 | 192 | |
Onward Holdings Co. Ltd. | 97,959 | 192 | |
Yonex Co. Ltd. | 33,828 | 191 | |
Cosel Co. Ltd. | 19,897 | 190 | |
Koatsu Gas Kogyo Co. Ltd. | 25,873 | 190 | |
Happinet Corp. | 14,134 | 189 | |
Toyo Corp. | 20,795 | 189 | |
Shinwa Co. Ltd. | 10,449 | 189 | |
Chiyoda Co. Ltd. | 21,187 | 186 | |
Kurimoto Ltd. | 10,545 | 186 | |
* | Vector Inc. | 21,694 | 185 |
Nichiban Co. Ltd. | 11,800 | 185 | |
Yahagi Construction Co. Ltd. | 22,986 | 185 | |
CONEXIO Corp. | 15,324 | 184 | |
JDC Corp. | 35,500 | 184 | |
Achilles Corp. | 12,130 | 183 | |
Fukui Computer Holdings Inc. | 5,969 | 183 | |
Riken Corp. | 7,660 | 182 | |
Digital Holdings Inc. | 14,700 | 182 | |
FAN Communications Inc. | 40,603 | 182 | |
Nippon Yakin Kogyo Co. Ltd. | 12,631 | 182 | |
Toho Titanium Co. Ltd. | 30,250 | 181 | |
Alpha Systems Inc. | 5,967 | 180 | |
* | Aoyama Trading Co. Ltd. | 37,582 | 179 |
Rheon Automatic Machinery Co. Ltd. | 18,386 | 178 | |
Studio Alice Co. Ltd. | 9,656 | 178 | |
Rokko Butter Co. Ltd. | 10,944 | 178 | |
Moriroku Holdings Co. Ltd. | 10,200 | 178 | |
* | Atrae Inc. | 6,838 | 177 |
Fixstars Corp. | 18,700 | 177 | |
Kyosan Electric Manufacturing Co. Ltd. | 44,483 | 177 | |
Tochigi Bank Ltd. | 101,542 | 176 | |
Ryoden Corp. | 11,940 | 175 | |
Warabeya Nichiyo Holdings Co. Ltd. | 12,239 | 175 | |
St. Marc Holdings Co. Ltd. | 12,234 | 174 | |
^ | Kamakura Shinsho Ltd. | 17,600 | 174 |
BRONCO BILLY Co. Ltd. | 8,059 | 174 | |
FIDEA Holdings Co. Ltd. | 178,902 | 174 | |
France Bed Holdings Co. Ltd. | 21,498 | 173 | |
Fuso Pharmaceutical Industries Ltd. | 6,867 | 173 | |
* | Unitika Ltd. | 52,343 | 172 |
TSI Holdings Co. Ltd. | 73,484 | 172 | |
K&O Energy Group Inc. | 12,436 | 171 | |
Tatsuta Electric Wire and Cable Co. Ltd. | 31,744 | 171 | |
Nippon Parking Development Co. Ltd. | 139,410 | 171 |
48 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Arakawa Chemical Industries Ltd. | 15,422 | 171 | |
World Holdings Co. Ltd. | 8,400 | 171 | |
KAWADA TECHNOLOGIES Inc. | 4,080 | 170 | |
Kyodo Printing Co. Ltd. | 7,165 | 168 | |
* | BrainPad Inc. | 4,380 | 167 |
^ | Tokyo Electron Device Ltd. | 5,672 | 167 |
Nippon Beet Sugar Manufacturing Co. Ltd. | 10,051 | 166 | |
NichiiGakkan Co. Ltd. | 10,420 | 166 | |
Optorun Co. Ltd. | 8,400 | 165 | |
G-7 Holdings Inc. | 7,200 | 165 | |
Fudo Tetra Corp. | 11,771 | 165 | |
Riken Technos Corp. | 43,193 | 165 | |
JAC Recruitment Co. Ltd. | 13,734 | 164 | |
* | W-Scope Corp. | 25,883 | 164 |
Toa Corp. | 20,697 | 163 | |
Shibusawa Warehouse Co. Ltd. | 8,556 | 163 | |
Matsuda Sangyo Co. Ltd. | 11,843 | 163 | |
Sumitomo Riko Co. Ltd. | 31,833 | 162 | |
Hisaka Works Ltd. | 19,202 | 162 | |
Iseki & Co. Ltd. | 12,431 | 160 | |
JSP Corp. | 11,248 | 160 | |
Michinoku Bank Ltd. | 14,526 | 160 | |
* | RPA Holdings Inc. | 23,122 | 159 |
Hochiki Corp. | 13,600 | 158 | |
Koshidaka Holdings Co. Ltd. | 42,168 | 158 | |
Onoken Co. Ltd. | 14,130 | 157 | |
* | Topy Industries Ltd. | 15,018 | 157 |
Nitto Kohki Co. Ltd. | 9,450 | 157 | |
Hokkaido Gas Co. Ltd. | 10,949 | 156 | |
Aiphone Co. Ltd. | 11,145 | 156 | |
Chiyoda Integre Co. Ltd. | 10,546 | 156 | |
Nihon Nohyaku Co. Ltd. | 33,681 | 155 | |
Toyo Kanetsu KK | 7,260 | 155 | |
Sanei Architecture Planning Co. Ltd. | 9,400 | 155 | |
Godo Steel Ltd. | 8,458 | 155 | |
Wowow Inc. | 5,849 | 154 | |
ZIGExN Co. Ltd. | 51,600 | 154 | |
Fuji Pharma Co. Ltd. | 13,730 | 153 | |
Sumida Corp. | 19,355 | 152 | |
Bank of Saga Ltd. | 12,244 | 151 | |
Tosho Co. Ltd. | 12,931 | 150 | |
Teikoku Electric Manufacturing Co. Ltd. | 15,418 | 150 | |
BeNEXT Group Inc. | 15,974 | 150 | |
Chori Co. Ltd. | 9,952 | 150 | |
Yomiuri Land Co. Ltd. | 3,582 | 149 | |
Toho Co. Ltd. | 8,659 | 149 | |
Nissin Corp. | 10,549 | 148 | |
JP-Holdings Inc. | 51,145 | 146 | |
Jimoto Holdings Inc. | 16,448 | 146 | |
Tokyo Energy & Systems Inc. | 18,910 | 145 | |
AOKI Holdings Inc. | 33,423 | 145 | |
Kita-Nippon Bank Ltd. | 7,964 | 145 | |
Pronexus Inc. | 13,931 | 145 | |
WATAMI Co. Ltd. | 15,818 | 145 | |
* | COOKPAD Inc. | 39,391 | 144 |
Link And Motivation Inc. | 38,000 | 144 | |
Melco Holdings Inc. | 5,559 | 144 | |
Toyo Ink SC Holdings Co. Ltd. | 7,722 | 143 | |
Ministop Co. Ltd. | 11,444 | 143 | |
ASAHI YUKIZAI Corp. | 11,044 | 143 | |
Tomoku Co. Ltd. | 9,056 | 143 | |
Nihon Trim Co. Ltd. | 3,879 | 142 | |
GCA Corp. | 22,696 | 142 | |
Neturen Co. Ltd. | 30,740 | 141 |
49 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
^ | PIA Corp. | 5,171 | 141 |
Shimizu Bank Ltd. | 8,863 | 141 | |
Torishima Pump Manufacturing Co. Ltd. | 18,601 | 140 | |
Xebio Holdings Co. Ltd. | 21,398 | 140 | |
Zuiko Corp. | 13,928 | 139 | |
J Trust Co. Ltd. | 65,343 | 139 | |
Gurunavi Inc. | 23,384 | 139 | |
* | Nichireki Co. Ltd. | 8,500 | 137 |
Kojima Co. Ltd. | 20,493 | 136 | |
Elematec Corp. | 14,728 | 135 | |
Taisei Lamick Co. Ltd. | 5,274 | 135 | |
Sankyo Seiko Co. Ltd. | 33,535 | 135 | |
Maezawa Kyuso Industries Co. Ltd. | 6,258 | 134 | |
SRA Holdings | 6,168 | 134 | |
* | Nippon Sharyo Ltd. | 5,868 | 134 |
* | Kourakuen Holdings Corp. | 8,557 | 133 |
Honeys Holdings Co. Ltd. | 14,230 | 132 | |
* | Istyle Inc. | 37,976 | 132 |
Mars Group Holdings Corp. | 8,558 | 131 | |
Kyokuto Securities Co. Ltd. | 20,100 | 130 | |
Sekisui Kasei Co. Ltd. | 24,382 | 130 | |
Yushin Precision Equipment Co. Ltd. | 19,504 | 129 | |
SMK Corp. | 5,074 | 129 | |
Aisan Industry Co. Ltd. | 30,051 | 129 | |
CAC Holdings Corp. | 10,247 | 128 | |
*,^ | OSAKA Titanium Technologies Co. Ltd. | 17,314 | 128 |
Tv Tokyo Holdings Corp. | 5,674 | 127 | |
Roland DG Corp. | 10,246 | 126 | |
Tsutsumi Jewelry Co. Ltd. | 5,567 | 125 | |
*,^ | Open Door Inc. | 10,900 | 124 |
NS United Kaiun Kaisha Ltd. | 9,155 | 124 | |
I-PEX Inc. | 6,966 | 124 | |
Shindengen Electric Manufacturing Co. Ltd. | 6,464 | 123 | |
Nihon Tokushu Toryo Co. Ltd. | 13,800 | 123 | |
Maezawa Kasei Industries Co. Ltd. | 13,143 | 123 | |
Yushiro Chemical Industry Co. Ltd. | 9,952 | 123 | |
Aeon Fantasy Co. Ltd. | 6,370 | 123 | |
Hakuto Co. Ltd. | 11,645 | 123 | |
Ichiyoshi Securities Co. Ltd. | 30,438 | 122 | |
Hito Communications Holdings Inc. | 9,253 | 120 | |
Nisso Corp. | 16,400 | 120 | |
^ | Sanoh Industrial Co. Ltd. | 20,698 | 120 |
Hokkan Holdings Ltd. | 9,355 | 120 | |
Itoki Corp. | 36,814 | 120 | |
Seika Corp. | 9,954 | 120 | |
Japan Best Rescue System Co. Ltd. | 12,400 | 119 | |
Kitano Construction Corp. | 4,880 | 118 | |
Gun-Ei Chemical Industry Co. Ltd. | 5,077 | 118 | |
NEC Capital Solutions Ltd. | 6,866 | 117 | |
Okura Industrial Co. Ltd. | 6,964 | 116 | |
* | Mitsuba Corp. | 30,939 | 113 |
Chuo Spring Co. Ltd. | 3,982 | 112 | |
^ | Tokyo Individualized Educational Institute Inc. | 20,004 | 111 |
Shimojima Co. Ltd. | 8,651 | 111 | |
Tsukuba Bank Ltd. | 65,244 | 110 | |
Artnature Inc. | 19,006 | 110 | |
^ | Shin Nippon Biomedical Laboratories Ltd. | 17,210 | 110 |
Central Sports Co. Ltd. | 5,146 | 109 | |
Proto Corp. | 10,100 | 109 | |
^ | Chuetsu Pulp & Paper Co. Ltd. | 9,059 | 106 |
Fujikura Kasei Co. Ltd. | 22,890 | 104 | |
Meiko Network Japan Co. Ltd. | 17,815 | 103 | |
Krosaki Harima Corp. | 3,781 | 102 | |
Toli Corp. | 43,495 | 102 |
50 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Osaka Steel Co. Ltd. | 9,448 | 101 | |
Fujita Kanko Inc. | 6,965 | 101 | |
CMIC Holdings Co. Ltd. | 8,158 | 100 | |
^ | Ohara Inc. | 8,300 | 98 |
Airtrip Corp. | 7,500 | 98 | |
Fujitsu Frontech Ltd. | 6,551 | 96 | |
Inaba Seisakusho Co. Ltd. | 7,463 | 95 | |
Takaoka Toko Co. Ltd. | 9,752 | 94 | |
Takamiya Co. Ltd. | 17,916 | 93 | |
Daisyo Corp. | 8,858 | 92 | |
* | FDK Corp. | 10,764 | 92 |
Toa Oil Co. Ltd. | 5,273 | 90 | |
Sac's Bar Holdings Inc. | 17,116 | 89 | |
Corona Corp. Class A | 9,840 | 89 | |
Kitagawa Corp. | 7,164 | 89 | |
Takihyo Co. Ltd. | 5,276 | 87 | |
* | Akebono Brake Industry Co. Ltd. | 64,876 | 87 |
Gecoss Corp. | 9,850 | 86 | |
Nippon Coke & Engineering Co. Ltd. | 136,722 | 85 | |
Kato Works Co. Ltd. | 8,650 | 84 | |
Juki Corp. | 19,763 | 84 | |
* | Gunosy Inc. | 11,600 | 83 |
Airport Facilities Co. Ltd. | 19,815 | 82 | |
Heiwado Co. Ltd. | 3,962 | 80 | |
Mitsubishi Paper Mills Ltd. | 26,469 | 79 | |
Cleanup Corp. | 16,030 | 73 | |
* | CHIMNEY Co. Ltd. | 5,968 | 71 |
Japan Cash Machine Co. Ltd. | 14,225 | 70 | |
Ateam Inc. | 8,657 | 70 | |
Linical Co. Ltd. | 9,651 | 68 | |
Taiho Kogyo Co. Ltd. | 13,235 | 67 | |
Paris Miki Holdings Inc. | 24,996 | 66 | |
* | Aplus Financial Co. Ltd. | 90,572 | 65 |
*,^ | KNT-CT Holdings Co. Ltd. | 6,949 | 64 |
* | Right On Co. Ltd. | 10,250 | 61 |
* | Funai Electric Co. Ltd. | 13,832 | 58 |
* | Tokyo Base Co. Ltd. | 14,500 | 56 |
Daikoku Denki Co. Ltd. | 6,368 | 56 | |
* | Tateru Inc. | 32,365 | 53 |
Jamco Corp. | 9,155 | 52 | |
Kasai Kogyo Co. Ltd. | 14,583 | 48 | |
Sanki Engineering Co. Ltd. | 3,798 | 41 | |
Ichigo Office REIT Investment Corp. | 62 | 40 | |
* | Laox Co. Ltd. | 20,983 | 34 |
Hankyu Hanshin REIT Inc. | 30 | 33 | |
Nakayama Steel Works Ltd. | 9,829 | 33 | |
Tokyo Rakutenchi Co. Ltd. | 789 | 33 | |
Mirai Corp. | 91 | 31 | |
SOSiLA Logistics REIT Inc. | 20 | 26 | |
One REIT Inc. | 10 | 23 | |
Itochu Advance Logistics Investment Corp. | 15 | 21 | |
CRE Logistics REIT Inc. | 13 | 19 | |
Takara Leben Real Estate Investment Corp. | 20 | 16 | |
3,752,091 | |||
New Zealand (1.0%) | |||
Fisher & Paykel Healthcare Corp. Ltd. | 512,067 | 11,846 | |
* | a2 Milk Co. Ltd. | 662,719 | 6,417 |
* | Auckland International Airport Ltd. | 1,084,045 | 5,015 |
Spark New Zealand Ltd. | 1,674,191 | 4,968 | |
Meridian Energy Ltd. | 1,117,518 | 3,917 | |
Ryman Healthcare Ltd. | 374,790 | 3,468 |
51 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Contact Energy Ltd. | 659,530 | 3,215 | |
Chorus Ltd. | 397,152 | 2,209 | |
Mercury NZ Ltd. | 614,003 | 2,171 | |
* | Fletcher Building Ltd. | 748,953 | 2,028 |
Goodman Property Trust | 999,994 | 1,640 | |
Infratil Ltd. | 432,363 | 1,548 | |
EBOS Group Ltd. | 84,742 | 1,442 | |
Summerset Group Holdings Ltd. | 201,539 | 1,385 | |
Kiwi Property Group Ltd. | 1,410,294 | 1,147 | |
SKYCITY Entertainment Group Ltd. | 616,230 | 1,140 | |
Precinct Properties New Zealand Ltd. | 851,803 | 996 | |
* | Pushpay Holdings Ltd. | 161,773 | 973 |
Genesis Energy Ltd. | 452,523 | 928 | |
Freightways Ltd. | 131,681 | 731 | |
Argosy Property Ltd. | 758,218 | 696 | |
Vital Healthcare Property Trust | 346,570 | 666 | |
Vector Ltd. | 225,485 | 626 | |
Z Energy Ltd. | 327,421 | 612 | |
*,^ | Arvida Group Ltd. | 481,489 | 557 |
*,^ | Air New Zealand Ltd. | 459,458 | 431 |
*,^ | Kathmandu Holdings Ltd. | 483,336 | 373 |
Scales Corp. Ltd. | 99,647 | 334 | |
* | Synlait Milk Ltd. | 89,863 | 316 |
Oceania Healthcare Ltd. | 326,802 | 291 | |
Heartland Group Holdings Ltd. | 303,996 | 269 | |
* | Restaurant Brands New Zealand Ltd. | 23,921 | 188 |
* | Tourism Holdings Ltd. | 124,256 | 184 |
* | Vista Group International Ltd. | 150,953 | 150 |
* | SKY Network Television Ltd. | 1,483,641 | 146 |
* | New Zealand Refining Co. Ltd. | 177,813 | 66 |
63,089 | |||
Singapore (2.6%) | |||
DBS Group Holdings Ltd. | 1,608,613 | 23,962 | |
Oversea-Chinese Banking Corp. Ltd. | 3,023,997 | 18,651 | |
United Overseas Bank Ltd. | 1,163,390 | 16,165 | |
Singapore Telecommunications Ltd. | 6,721,515 | 9,992 | |
Ascendas REIT | 2,665,656 | 5,625 | |
Wilmar International Ltd. | 1,892,416 | 5,603 | |
CapitaLand Mall Trust | 4,012,166 | 5,086 | |
Singapore Exchange Ltd. | 743,418 | 4,715 | |
CapitaLand Ltd. | 2,265,805 | 4,264 | |
Keppel Corp. Ltd. | 1,283,660 | 4,125 | |
Singapore Technologies Engineering Ltd. | 1,382,430 | 3,534 | |
Mapletree Industrial Trust | 1,534,227 | 3,419 | |
Venture Corp. Ltd. | 236,316 | 3,331 | |
Mapletree Logistics Trust | 2,329,470 | 3,328 | |
Singapore Airlines Ltd. | 1,148,083 | 2,849 | |
Mapletree Commercial Trust | 1,989,537 | 2,509 | |
Genting Singapore Ltd. | 5,212,394 | 2,461 | |
Keppel DC REIT | 1,110,286 | 2,357 | |
UOL Group Ltd. | 451,997 | 2,060 | |
Frasers Logistics & Commercial Trust | 2,269,056 | 2,046 | |
City Developments Ltd. | 427,517 | 1,985 | |
NetLink NBN Trust | 2,682,200 | 1,888 | |
Suntec REIT | 1,885,666 | 1,852 | |
ComfortDelGro Corp. Ltd. | 1,868,304 | 1,848 | |
Frasers Centrepoint Trust | 1,021,280 | 1,581 | |
Keppel REIT | 1,809,482 | 1,320 | |
SATS Ltd. | 580,941 | 1,267 | |
Keppel Infrastructure Trust | 3,150,880 | 1,259 | |
Mapletree North Asia Commercial Trust | 1,937,600 | 1,236 | |
Jardine Cycle & Carriage Ltd. | 90,227 | 1,174 | |
Singapore Press Holdings Ltd. | 1,440,657 | 1,044 | |
Ascott Residence Trust | 1,636,498 | 996 |
52 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Parkway Life REIT | 332,254 | 985 | |
Sembcorp Industries Ltd. | 836,468 | 968 | |
Manulife US REIT | 1,228,075 | 879 | |
* | Sembcorp Marine Ltd. | 8,394,990 | 738 |
Ascendas India Trust | 752,000 | 716 | |
Hutchison Port Holdings Trust | 4,607,099 | 669 | |
Cromwell European REIT | 1,210,400 | 642 | |
Singapore Post Ltd. | 1,301,729 | 635 | |
Golden Agri-Resources Ltd. | 5,636,250 | 583 | |
CapitaLand Retail China Trust | 620,389 | 532 | |
Olam International Ltd. | 562,700 | 528 | |
Esr-Reit | 2,009,379 | 516 | |
Keppel Pacific Oak US REIT | 731,800 | 513 | |
CDL Hospitality Trusts | 683,453 | 496 | |
Sheng Siong Group Ltd. | 398,299 | 487 | |
OUE Commercial REIT | 1,875,216 | 447 | |
Raffles Medical Group Ltd. | 788,237 | 445 | |
AIMS APAC REIT | 507,000 | 438 | |
Wing Tai Holdings Ltd. | 333,152 | 437 | |
StarHub Ltd. | 497,070 | 426 | |
ARA LOGOS Logistics Trust | 951,126 | 415 | |
First Resources Ltd. | 464,389 | 412 | |
Starhill Global REIT | 1,265,101 | 385 | |
Far East Hospitality Trust | 909,889 | 373 | |
Lendlease Global Commercial REIT | 822,000 | 367 | |
AEM Holdings Ltd. | 140,700 | 348 | |
Prime US REIT | 448,753 | 332 | |
SPH REIT | 575,920 | 314 | |
Soilbuild Business Space REIT | 872,868 | 288 | |
SIA Engineering Co. Ltd. | 214,009 | 255 | |
Frasers Property Ltd. | 310,300 | 248 | |
§ | Best World International Ltd. | 259,100 | 246 |
Sabana Shari'ah Compliant Industrial REIT | 899,059 | 230 | |
Frasers Hospitality Trust | 713,300 | 209 | |
* | Yoma Strategic Holdings Ltd. | 1,014,847 | 190 |
* | Thomson Medical Group Ltd. | 5,612,300 | 189 |
Asian Pay Television Trust | 1,761,217 | 152 | |
First REIT | 478,489 | 140 | |
Silverlake Axis Ltd. | 702,936 | 129 | |
Lippo Malls Indonesia Retail Trust | 1,755,614 | 113 | |
§ | Eagle Hospitality Trust | 700,500 | 96 |
Bumitama Agri Ltd. | 289,847 | 92 | |
*,§ | Hyflux Ltd. | 516,932 | 79 |
*,§ | Noble Group Ltd. | 1,004,977 | 60 |
*,^,§ | Ezra Holdings Ltd. | 1,786,900 | 14 |
*,^ | Ezion Holdings Ltd. Warrants Exp. 04/16/2023 | 1,048,679 | — |
* | Mapletree Logistics Trust Rights Exp. 11/10/2020 | 44,259 | — |
161,288 | |||
South Korea (12.8%) | |||
Samsung Electronics Co. Ltd. | 4,236,102 | 212,930 | |
SK Hynix Inc. | 464,928 | 32,983 | |
Samsung Electronics Co. Ltd. Preference Shares | 733,650 | 32,636 | |
NAVER Corp. | 118,937 | 30,433 | |
LG Chem Ltd. | 41,794 | 22,789 | |
* | Celltrion Inc. | 92,854 | 19,827 |
Samsung SDI Co. Ltd. | 47,237 | 18,608 | |
Hyundai Motor Co. | 126,146 | 18,465 | |
Kakao Corp. | 48,479 | 14,136 | |
KB Financial Group Inc. | 349,622 | 12,506 | |
Hyundai Mobis Co. Ltd. | 57,928 | 11,607 | |
Posco | 61,217 | 11,301 | |
Shinhan Financial Group Co. Ltd. | 414,305 | 11,241 | |
Kia Motors Corp. | 231,968 | 10,404 |
53 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
NCSoft Corp. | 15,089 | 10,367 | |
LG Household & Health Care Ltd. | 7,796 | 10,337 | |
Samsung C&T Corp. | 75,395 | 7,385 | |
*,1 | Samsung Biologics Co. Ltd. | 12,006 | 7,255 |
LG Electronics Inc. | 97,020 | 7,212 | |
KT&G Corp. | 99,560 | 7,109 | |
Hana Financial Group Inc. | 259,152 | 7,000 | |
Samsung Electro-Mechanics Co. Ltd. | 50,260 | 5,974 | |
SK Innovation Co. Ltd. | 47,647 | 5,326 | |
LG Corp. | 81,252 | 4,865 | |
* | Celltrion Healthcare Co. Ltd. | 63,872 | 4,792 |
Samsung Fire & Marine Insurance Co. Ltd. | 30,177 | 4,771 | |
SK Holdings Co. Ltd. | 27,962 | 4,554 | |
Samsung SDS Co. Ltd. | 28,861 | 4,307 | |
Amorepacific Corp. | 29,463 | 4,139 | |
* | Korea Electric Power Corp. | 229,648 | 4,051 |
Woori Financial Group Inc. | 486,044 | 3,838 | |
SK Telecom Co. Ltd. | 19,153 | 3,632 | |
*,^ | HLB Inc. | 39,898 | 3,271 |
* | Shin Poong Pharmaceutical Co. Ltd. | 28,971 | 3,224 |
Samsung Life Insurance Co. Ltd. | 57,222 | 3,203 | |
* | Coway Co. Ltd. | 50,913 | 3,118 |
Korea Zinc Co. Ltd. | 8,907 | 3,012 | |
Mirae Asset Daewoo Co. Ltd. | 399,304 | 2,975 | |
Seegene Inc. | 12,885 | 2,951 | |
Hanwha Solutions Corp. | 72,826 | 2,831 | |
Lotte Chemical Corp. | 13,262 | 2,743 | |
* | Korea Shipbuilding & Offshore Engineering Co. Ltd. | 38,683 | 2,697 |
* | LG Display Co. Ltd. | 199,351 | 2,489 |
SK Chemicals Co. Ltd. | 8,075 | 2,478 | |
Hyundai Glovis Co. Ltd. | 16,537 | 2,458 | |
CJ CheilJedang Corp. | 7,228 | 2,312 | |
* | Alteogen Inc. | 16,196 | 2,284 |
E-MART Inc. | 17,670 | 2,225 | |
Hyundai Motor Co. 2nd Preference Shares | 30,548 | 2,165 | |
Yuhan Corp. | 40,585 | 2,136 | |
Korea Investment Holdings Co. Ltd. | 34,456 | 2,105 | |
* | HMM Co. Ltd. | 251,900 | 2,007 |
Kumho Petrochemical Co. Ltd. | 15,954 | 1,887 | |
Hankook Tire & Technology Co. Ltd. | 67,189 | 1,882 | |
Hotel Shilla Co. Ltd. | 28,442 | 1,875 | |
Orion Corp. | 19,385 | 1,857 | |
Hyundai Engineering & Construction Co. Ltd. | 65,811 | 1,794 | |
S-Oil Corp. | 36,967 | 1,785 | |
Kangwon Land Inc. | 95,380 | 1,780 | |
* | Samsung Heavy Industries Co. Ltd. | 392,714 | 1,765 |
Hanjin Kal Corp. | 26,691 | 1,757 | |
Hyundai Steel Co. | 67,754 | 1,742 | |
LG Innotek Co. Ltd. | 12,845 | 1,741 | |
Hyundai Heavy Industries Holdings Co. Ltd. | 9,134 | 1,738 | |
Daelim Industrial Co. Ltd. | 24,609 | 1,701 | |
LG Uplus Corp. | 173,103 | 1,695 | |
* | Doosan Heavy Industries & Construction Co. Ltd. | 137,248 | 1,670 |
Samsung Securities Co. Ltd. | 57,838 | 1,648 | |
* | Celltrion Pharm Inc. | 16,553 | 1,601 |
DB Insurance Co. Ltd. | 40,733 | 1,593 | |
Fila Holdings Corp. | 46,531 | 1,588 | |
* | Genexine Inc. | 15,730 | 1,573 |
*,1 | Netmarble Corp. | 14,917 | 1,550 |
Hanmi Pharm Co. Ltd. | 6,527 | 1,519 | |
* | Samsung Engineering Co. Ltd. | 142,811 | 1,493 |
LG Chem Ltd. Preference Shares | 5,356 | 1,485 | |
Hanon Systems | 145,422 | 1,442 | |
Douzone Bizon Co. Ltd. | 16,285 | 1,436 |
54 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
*,^ | KMW Co. Ltd. | 25,840 | 1,432 |
GS Holdings Corp. | 46,012 | 1,345 | |
Industrial Bank of Korea | 181,082 | 1,315 | |
POSCO Chemical Co. Ltd. | 19,767 | 1,299 | |
Green Cross Corp. | 4,848 | 1,288 | |
* | Korean Air Lines Co. Ltd. | 72,387 | 1,285 |
BNK Financial Group Inc. | 259,445 | 1,267 | |
GS Engineering & Construction Corp. | 52,996 | 1,257 | |
S-1 Corp. | 17,021 | 1,223 | |
Cheil Worldwide Inc. | 62,867 | 1,163 | |
Korea Aerospace Industries Ltd. | 59,552 | 1,153 | |
Shinsegae Inc. | 6,243 | 1,152 | |
Hyundai Marine & Fire Insurance Co. Ltd. | 55,037 | 1,134 | |
SKC Co. Ltd. | 17,341 | 1,132 | |
* | MedPacto Inc. | 11,703 | 1,111 |
* | Hugel Inc. | 5,592 | 1,041 |
CJ ENM Co. Ltd. | 8,744 | 1,022 | |
Amorepacific Group | 26,029 | 1,007 | |
*,^ | Pearl Abyss Corp. | 5,516 | 981 |
NH Investment & Securities Co. Ltd. | 115,748 | 981 | |
Mando Corp. | 30,087 | 956 | |
* | CJ Logistics Corp. | 6,752 | 953 |
LG Household & Health Care Ltd. Preference Shares | 1,556 | 950 | |
Hansol Chemical Co. Ltd. | 7,569 | 944 | |
KIWOOM Securities Co. Ltd. | 10,280 | 940 | |
DB HiTek Co. Ltd. | 32,818 | 932 | |
* | WONIK IPS Co. Ltd. | 32,633 | 931 |
LEENO Industrial Inc. | 8,442 | 908 | |
* | OCI Co. Ltd. | 16,467 | 907 |
*,^ | Cellivery Therapeutics Inc. | 4,881 | 896 |
*,^ | Doosan Infracore Co. Ltd. | 121,044 | 896 |
Com2uSCorp | 8,724 | 860 | |
Chong Kun Dang Pharmaceutical Corp. | 6,316 | 854 | |
GeneOne Life Science Inc. | 34,341 | 850 | |
SK Materials Co. Ltd. | 4,277 | 842 | |
Ecopro BM Co. Ltd. | 7,582 | 842 | |
Hanwha Corp. | 39,484 | 842 | |
* | Hanall Biopharma Co. Ltd. | 34,131 | 840 |
Hite Jinro Co. Ltd. | 27,864 | 827 | |
* | Daewoo Shipbuilding & Marine Engineering Co. Ltd. | 43,123 | 819 |
* | HLB Life Science CO Ltd. | 34,421 | 803 |
Meritz Securities Co. Ltd. | 262,524 | 766 | |
Koh Young Technology Inc. | 10,879 | 766 | |
Ilyang Pharmaceutical Co. Ltd. | 12,049 | 762 | |
* | Pharmicell Co. Ltd. | 48,738 | 761 |
* | Oscotec Inc. | 20,775 | 760 |
CJ Corp. | 11,167 | 751 | |
Hanssem Co. Ltd. | 8,910 | 745 | |
DGB Financial Group Inc. | 135,079 | 742 | |
Lotte Shopping Co. Ltd. | 9,987 | 740 | |
HDC Hyundai Development Co-Engineering & Construction | 42,114 | 738 | |
Samsung Card Co. Ltd. | 28,224 | 732 | |
LS Corp. | 15,930 | 730 | |
NongShim Co. Ltd. | 2,850 | 725 | |
* | Mezzion Pharma Co. Ltd. | 4,578 | 722 |
* | Hanwha Aerospace Co. Ltd. | 32,211 | 719 |
* | Doosan Fuel Cell Co. Ltd. | 18,817 | 697 |
Dongsuh Cos. Inc. | 27,193 | 694 | |
Hyundai Department Store Co. Ltd. | 13,147 | 690 | |
GS Retail Co. Ltd. | 24,304 | 690 | |
Hyundai Elevator Co. Ltd. | 20,904 | 689 | |
Youngone Corp. | 27,096 | 682 | |
LOTTE Fine Chemical Co. Ltd. | 15,740 | 676 | |
Dongjin Semichem Co. Ltd. | 27,658 | 671 |
55 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
JYP Entertainment Corp. | 24,565 | 670 | |
* | Soulbrain Co. Ltd. | 3,440 | 659 |
Bukwang Pharmaceutical Co. Ltd. | 31,431 | 648 | |
Ecopro Co. Ltd. | 17,051 | 647 | |
Meritz Fire & Marine Insurance Co. Ltd. | 50,782 | 623 | |
* | NHN KCP Corp. | 10,486 | 623 |
LS Electric Co. Ltd. | 14,140 | 621 | |
Medytox Inc. | 3,754 | 614 | |
* | LegoChem Biosciences Inc. | 13,026 | 610 |
Lotte Corp. | 23,962 | 604 | |
Iljin Materials Co. Ltd. | 15,695 | 597 | |
Eo Technics Co. Ltd. | 7,643 | 596 | |
Hanmi Science Co. ltd | 12,263 | 579 | |
BGF retail Co. Ltd. | 5,561 | 578 | |
* | Hyundai Rotem Co. Ltd. | 43,691 | 577 |
JB Financial Group Co. Ltd. | 126,468 | 571 | |
Sam Chun Dang Pharm Co. Ltd. | 12,040 | 568 | |
Korea Gas Corp. | 23,476 | 568 | |
* | Chabiotech Co. Ltd. | 37,619 | 566 |
Hyundai Motor Co. Preference Shares | 8,066 | 563 | |
Cosmax Inc. | 5,998 | 559 | |
* | GemVax & Kael Co. Ltd. | 29,240 | 557 |
Doosan Bobcat Inc. | 21,732 | 555 | |
* | Zinus Inc. | 7,118 | 555 |
KCC Corp. | 4,081 | 554 | |
L&F Co. Ltd. | 15,619 | 546 | |
Hanjin Transportation Co. Ltd. | 13,039 | 544 | |
Korean Reinsurance Co. | 82,467 | 541 | |
* | Pan Ocean Co. Ltd. | 169,579 | 540 |
CJ CheilJedang Corp. Preference Shares | 3,840 | 535 | |
NICE Information Service Co. Ltd. | 30,943 | 533 | |
* | NHN Corp. | 8,636 | 531 |
Posco International Corp. | 44,962 | 531 | |
Kolon Industries Inc. | 16,800 | 529 | |
Kolmar Korea Co. Ltd. | 13,416 | 525 | |
Hyundai Wia Corp. | 14,115 | 524 | |
Innocean Worldwide Inc. | 10,023 | 523 | |
SFA Engineering Corp. | 16,167 | 522 | |
SK Discovery Co. Ltd. | 9,328 | 521 | |
Ottogi Corp. | 1,106 | 518 | |
SK Networks Co. Ltd. | 128,720 | 516 | |
Seoul Semiconductor Co. Ltd. | 33,367 | 516 | |
Hyosung Corp. | 7,858 | 515 | |
*,^,§ | SillaJen Inc. | 48,243 | 514 |
* | Yungjin Pharmaceutical Co. Ltd. | 80,680 | 508 |
Green Cross Holdings Corp. | 25,010 | 498 | |
*,^ | ABLBio Inc. | 21,392 | 475 |
* | Binex Co. Ltd. | 21,825 | 472 |
Paradise Co. Ltd. | 41,855 | 472 | |
F&F Co. Ltd. | 5,809 | 469 | |
Ssangyong Cement Industrial Co. Ltd. | 95,334 | 467 | |
* | L&C Bio Co. Ltd. | 12,180 | 465 |
* | Enzychem Lifesciences Corp. | 5,593 | 462 |
DoubleUGames Co. Ltd. | 8,393 | 458 | |
DongKook Pharmaceutical Co. Ltd. | 21,405 | 458 | |
Korea Petrochemical Ind Co. Ltd. | 2,657 | 457 | |
KEPCO Plant Service & Engineering Co. Ltd. | 18,443 | 448 | |
*,^ | G-treeBNT Co. Ltd. | 18,227 | 445 |
Hyundai Mipo Dockyard Co. Ltd. | 17,842 | 444 | |
LG Electronics Inc. Preference Shares | 15,403 | 439 | |
* | Amicogen Inc. | 16,080 | 438 |
* | S&S Tech Corp. | 14,591 | 437 |
* | Webzen Inc. | 15,384 | 436 |
* | Daewoo Engineering & Construction Co. Ltd. | 159,095 | 423 |
56 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | CrystalGenomics Inc. | 32,429 | 423 |
* | Ace Technologies Corp. | 23,767 | 422 |
* | ST Pharm Co. Ltd. | 7,892 | 420 |
IS Dongseo Co. Ltd. | 12,417 | 420 | |
* | Chunbo Co. Ltd. | 3,154 | 417 |
* | SM Entertainment Co. Ltd. | 16,118 | 414 |
LOTTE Reit Co. Ltd. | 85,119 | 407 | |
NEPES Corp. | 15,812 | 400 | |
Daewoong Co. Ltd. | 19,098 | 398 | |
* | BH Co. Ltd. | 21,885 | 397 |
Dawonsys Co. Ltd. | 21,062 | 391 | |
Mirae Asset Daewoo Co. Ltd. Preference Shares | 97,011 | 389 | |
* | CMG Pharmaceutical Co. Ltd. | 95,798 | 384 |
Huchems Fine Chemical Corp. | 18,895 | 383 | |
Foosung Co. Ltd. | 47,810 | 379 | |
Jeil Pharmaceutical Co. Ltd. | 6,752 | 379 | |
* | Kumho Tire Co. Inc. | 119,667 | 376 |
Daou Technology Inc. | 22,517 | 374 | |
Daesang Corp. | 17,321 | 368 | |
Poongsan Corp. | 16,907 | 368 | |
* | Komipharm International Co. Ltd. | 33,393 | 367 |
* | Studio Dragon Corp. | 5,221 | 363 |
* | Lotte Tour Development Co. Ltd. | 27,562 | 352 |
* | Medipost Co. Ltd. | 13,210 | 349 |
Hanwha Life Insurance Co. Ltd. | 254,704 | 347 | |
*,^ | Helixmith Co. Ltd. | 20,711 | 339 |
* | CJ CGV Co. Ltd. | 18,899 | 338 |
Amorepacific Corp. Preference Shares | 7,136 | 332 | |
AfreecaTV Co. Ltd. | 6,265 | 332 | |
* | YG Entertainment Inc. | 9,618 | 332 |
* | Naturecell Co. Ltd. | 40,676 | 330 |
LG Hausys Ltd. | 5,605 | 328 | |
* | Telcon RF Pharmaceutical Inc. | 61,402 | 328 |
* | Hyosung Advanced Materials Corp. | 2,750 | 327 |
Mcnex Co. Ltd. | 11,072 | 325 | |
Hyundai Home Shopping Network Corp. | 5,188 | 324 | |
Silicon Works Co. Ltd. | 8,040 | 324 | |
* | Hyosung Heavy Industries Corp. | 6,137 | 321 |
Partron Co. Ltd. | 37,270 | 321 | |
Daewoong Pharmaceutical Co. Ltd. | 3,964 | 321 | |
GS Home Shopping Inc. | 2,606 | 320 | |
* | TY Holdings Co. Ltd. | 17,744 | 318 |
Eugene Technology Co. Ltd. | 13,144 | 315 | |
Samwha Capacitor Co. Ltd. | 7,007 | 315 | |
JW Pharmaceutical Corp. | 11,506 | 314 | |
* | SFA Semicon Co. Ltd. | 71,419 | 312 |
* | Kuk-il Paper Manufacturing Co. Ltd. | 73,045 | 310 |
PI Advanced Materials Co. Ltd. | 12,162 | 310 | |
LG International Corp. | 22,569 | 309 | |
Dong-A ST Co. Ltd. | 4,105 | 304 | |
TES Co. Ltd. | 13,707 | 301 | |
Ahnlab Inc. | 5,395 | 301 | |
NICE Holdings Co. Ltd. | 18,837 | 300 | |
Tokai Carbon Korea Co. Ltd. | 3,661 | 299 | |
* | Asiana Airlines Inc. | 93,736 | 299 |
* | Osstem Implant Co. Ltd. | 8,644 | 297 |
Handsome Co. Ltd. | 12,008 | 297 | |
* | Doosan Solus Co. Ltd. | 10,490 | 296 |
* | Duk San Neolux Co. Ltd. | 11,211 | 295 |
Hyundai Greenfood Co. Ltd. | 45,794 | 295 | |
HDC Holdings Co. Ltd. | 33,091 | 293 | |
* | Ananti Inc. | 39,104 | 289 |
Hyosung TNC Co. Ltd. | 2,273 | 289 | |
Hyundai Bioland Co. Ltd. | 14,601 | 288 |
57 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
LOTTE Himart Co. Ltd. | 10,553 | 287 | |
Daea TI Co. Ltd. | 56,219 | 286 | |
S&T Motiv Co. Ltd. | 6,343 | 284 | |
Taekwang Industrial Co. Ltd. | 449 | 283 | |
Samyang Holdings Corp. | 5,118 | 281 | |
* | ITM Semiconductor Co. Ltd. | 6,778 | 279 |
* | Dongkuk Steel Mill Co. Ltd. | 51,809 | 278 |
Posco ICT Co. Ltd. | 46,851 | 277 | |
* | Hyundai Bioscience Co. Ltd. | 28,428 | 277 |
^ | Hana Tour Service Inc. | 8,015 | 275 |
Dong-A Socio Holdings Co. Ltd. | 2,924 | 275 | |
* | Hyundai Electric & Energy System Co. Ltd. | 20,603 | 274 |
Shinsegae International Inc. | 2,180 | 274 | |
* | DIO Corp. | 10,429 | 270 |
* | Cafe24 Corp. | 5,399 | 268 |
HS Industries Co. Ltd. | 42,627 | 267 | |
* | RFHIC Corp. | 8,529 | 262 |
* | Daeduck Electronics Co. Ltd. | 29,871 | 262 |
Huons Co. Ltd. | 5,293 | 262 | |
OptoElectronics Solutions Co. Ltd. | 6,701 | 261 | |
Hankook Technology Group Co. Ltd. | 19,856 | 261 | |
* | iNtRON Biotechnology Inc. | 21,561 | 260 |
* | Namsun Aluminum Co. Ltd. | 73,435 | 257 |
Korea Electric Terminal Co. Ltd. | 6,311 | 257 | |
Wemade Co. Ltd. | 7,044 | 248 | |
* | NKMax Co. Ltd. | 21,429 | 247 |
LIG Nex1 Co. Ltd. | 9,956 | 247 | |
* | AbClon Inc. | 9,993 | 246 |
Lotte Chilsung Beverage Co. Ltd. | 3,180 | 242 | |
* | Hyundai Construction Equipment Co. Ltd. | 10,783 | 239 |
Hyosung Chemical Corp. | 2,114 | 237 | |
Chongkundang Holdings Corp. | 2,748 | 237 | |
Dongwon Industries Co. Ltd. | 1,318 | 235 | |
* | Eutilex Co. Ltd. | 8,376 | 234 |
Toptec Co. Ltd. | 17,206 | 230 | |
Hansae Co. Ltd. | 14,405 | 226 | |
Binggrae Co. Ltd. | 4,525 | 222 | |
* | Aprogen pharmaceuticals Inc. | 199,372 | 221 |
Korea Real Estate Investment & Trust Co. Ltd. | 139,212 | 221 | |
Doosan Co. Ltd. | 5,309 | 220 | |
Mirae Asset Life Insurance Co. Ltd. | 65,525 | 219 | |
* | Innox Advanced Materials Co. Ltd. | 5,585 | 219 |
SK Securities Co. Ltd. | 349,472 | 217 | |
Meritz Financial Group Inc. | 25,945 | 216 | |
* | Insun ENT Co. Ltd. | 26,639 | 215 |
Kwang Dong Pharmaceutical Co. Ltd. | 26,666 | 214 | |
Hanwha Corp. Preference Shares | 18,503 | 211 | |
Advanced Process Systems Corp. | 11,270 | 210 | |
LF Corp. | 15,869 | 206 | |
Korea Asset In Trust Co. Ltd. | 62,091 | 203 | |
Orion Holdings Corp. | 18,292 | 201 | |
* | Hansol Technics Co. Ltd. | 26,180 | 200 |
* | KH Vatec Co. Ltd. | 12,932 | 195 |
Songwon Industrial Co. Ltd. | 15,319 | 193 | |
KC Tech Co. Ltd. | 9,680 | 191 | |
* | Dentium Co. Ltd. | 5,783 | 191 |
* | Doosan Heavy Industries & Construction Co. Ltd. Rights Exp. 12/04/2020 | 52,700 | 191 |
* | Taihan Electric Wire Co. Ltd. | 245,837 | 190 |
Jusung Engineering Co. Ltd. | 30,580 | 189 | |
* | Hancom Inc. | 12,334 | 187 |
Halla Holdings Corp. | 6,651 | 187 | |
Young Poong Corp. | 437 | 186 | |
Hansol Paper Co. Ltd. | 15,350 | 185 | |
Tongyang Inc. | 187,196 | 184 |
58 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Neowiz | 9,864 | 183 |
Cuckoo Homesys Co. Ltd. | 5,314 | 182 | |
i-SENS Inc. | 7,553 | 182 | |
Green Cross Cell Corp. | 5,374 | 181 | |
Eugene Investment & Securities Co. Ltd. | 56,837 | 180 | |
Grand Korea Leisure Co. Ltd. | 16,802 | 179 | |
* | Anterogen Co. Ltd. | 4,515 | 176 |
* | Hanwha General Insurance Co. Ltd. | 69,810 | 173 |
* | Yuanta Securities Korea Co. Ltd. | 72,004 | 172 |
SL Corp. | 13,386 | 172 | |
Sebang Global Battery Co. Ltd. | 6,961 | 169 | |
* | Dongsung Pharmaceutical Co. Ltd. | 17,023 | 168 |
Vieworks Co. Ltd. | 6,552 | 167 | |
Modetour Network Inc. | 13,449 | 165 | |
Kumho Industrial Co. Ltd. | 26,585 | 165 | |
* | Peptron Inc. | 12,024 | 165 |
Taeyoung Engineering & Construction Co. Ltd. | 18,407 | 163 | |
Soulbrain Holdings Co. Ltd. | 4,255 | 162 | |
GOLFZON Co. Ltd. | 2,573 | 162 | |
INTOPS Co. Ltd. | 11,060 | 159 | |
Maeil Dairies Co. Ltd. | 2,706 | 159 | |
* | Feelux Co. Ltd. | 59,912 | 158 |
Hanil Cement Co. Ltd. | 2,215 | 156 | |
* | Stcube | 20,823 | 155 |
KC Co. Ltd. | 7,211 | 152 | |
* | Hanwha Investment & Securities Co. Ltd. | 98,811 | 151 |
*,^ | CUROCOM Co. Ltd. | 79,337 | 151 |
KEPCO Engineering & Construction Co. Inc. | 10,937 | 150 | |
ICD Co. Ltd. | 11,788 | 150 | |
* | Inscobee Inc. | 74,054 | 148 |
Youlchon Chemical Co. Ltd. | 10,925 | 147 | |
NS Shopping Co. Ltd. | 13,483 | 146 | |
Youngone Holdings Co. Ltd. | 4,559 | 144 | |
iMarketKorea Inc. | 19,079 | 144 | |
* | Seobu T&D | 26,638 | 144 |
* | Samsung Pharmaceutical Co. Ltd. | 45,764 | 143 |
JW Holdings Corp. | 30,397 | 142 | |
Harim Holdings Co. Ltd. | 24,651 | 142 | |
Sangsangin Co. Ltd. | 27,331 | 141 | |
Dongwon F&B Co. Ltd. | 989 | 141 | |
* | Lock&Lock Co. Ltd. | 15,263 | 141 |
Samchully Co. Ltd. | 2,058 | 139 | |
* | Korea Line Corp. | 98,020 | 139 |
Nexen Tire Corp. | 29,801 | 138 | |
*,^ | Ssangyong Motor Co. | 35,192 | 136 |
* | Interflex Co. Ltd. | 11,070 | 133 |
Namhae Chemical Corp. | 18,726 | 131 | |
Samyang Corp. | 3,076 | 131 | |
* | Vidente Co. Ltd. | 22,931 | 130 |
InBody Co. Ltd. | 9,496 | 128 | |
Kolmar Korea Holdings Co. Ltd. | 5,952 | 125 | |
Huons Global Co. Ltd. | 4,916 | 123 | |
Hankook Shell Oil Co. Ltd. | 577 | 122 | |
Dae Hwa Pharmaceutical Co. Ltd. | 10,363 | 122 | |
Daishin Securities Co. Ltd. | 10,138 | 121 | |
KT Skylife Co. Ltd. | 13,988 | 117 | |
* | Wonik Holdings Co. Ltd. | 31,436 | 117 |
Kolon Corp. | 6,437 | 116 | |
Dae Han Flour Mills Co. Ltd. | 942 | 116 | |
Sungwoo Hitech Co. Ltd. | 35,919 | 113 | |
* | Able C&C Co. Ltd. | 17,353 | 112 |
* | Gamevil Inc. | 4,143 | 111 |
* | KCC Glass Corp. | 4,160 | 109 |
SPC Samlip Co. Ltd. | 1,951 | 109 |
59 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Hyundai Livart Furniture Co. Ltd. | 7,935 | 108 | |
Aekyung Industrial Co. Ltd. | 5,626 | 108 | |
* | Coreana Cosmetics Co. Ltd. | 22,740 | 107 |
Humedix Co. Ltd. | 5,513 | 106 | |
Lotte Confectionery Co. Ltd. | 1,211 | 105 | |
KISWIRE Ltd. | 8,000 | 98 | |
Kyobo Securities Co. Ltd. | 16,417 | 97 | |
Sung Kwang Bend Co. Ltd. | 18,185 | 95 | |
*,^,§ | Cellumed Co. Ltd. | 17,851 | 94 |
Namyang Dairy Products Co. Ltd. | 415 | 94 | |
Cuckoo Holdings Co. Ltd. | 1,152 | 93 | |
KISCO Corp. | 21,795 | 89 | |
* | Hansol Holdings Co. Ltd. | 30,188 | 89 |
E1 Corp. | 2,215 | 89 | |
Lotte Food Co. Ltd. | 327 | 88 | |
Hyundai Corp. | 7,187 | 88 | |
Tongyang Life Insurance Co. Ltd. | 31,110 | 87 | |
Daeduck Co. Ltd. | 15,930 | 87 | |
BGF Co. Ltd. | 24,184 | 86 | |
LG HelloVision Co. Ltd. | 25,075 | 84 | |
KTB Investment & Securities Co. Ltd. | 37,203 | 84 | |
Seah Besteel Corp. | 9,828 | 82 | |
Daekyo Co. Ltd. | 24,343 | 81 | |
*,^ | Eusu Holdings Co. Ltd. | 17,165 | 81 |
^ | Woongjin Thinkbig Co. Ltd. | 35,171 | 80 |
* | Lutronic Corp. | 17,457 | 76 |
* | Muhak Co. Ltd. | 13,199 | 74 |
AK Holdings Inc. | 4,810 | 73 | |
Hanil Holdings Co. Ltd. | 1,818 | 72 | |
* | Homecast Co. Ltd. | 27,476 | 72 |
* | SBS Media Holdings Co. Ltd. | 48,955 | 71 |
Interpark Corp. | 36,083 | 68 | |
DB Financial Investment Co. Ltd. | 19,746 | 67 | |
^ | TK Corp. | 12,480 | 66 |
* | COSON Co. Ltd. | 13,992 | 65 |
Cell Biotech Co. Ltd. | 4,631 | 65 | |
* | Byucksan Corp. | 39,891 | 64 |
*,^ | GNCO Co. Ltd. | 65,482 | 64 |
Sam Young Electronics Co. Ltd. | 8,881 | 61 | |
Sindoh Co. Ltd. | 3,064 | 60 | |
S&T Dynamics Co. Ltd. | 12,792 | 59 | |
CJ Freshway Corp. | 3,686 | 53 | |
*,§ | Yuyang DNU Co. Ltd. | 48,272 | 52 |
* | Agabang&Company | 22,329 | 50 |
*,§ | Esmo Corp. | 77,761 | 28 |
* | Doosan Fuel Cell Co. Ltd. Rights Exp. 12/08/2020 | 2,455 | 17 |
Daishin Securities Co. Ltd. Preference Shares | 189 | 2 | |
805,837 | |||
Total Common Stocks (Cost $6,851,009) | 6,270,897 |
60 |
Vanguard® Pacific Stock Index Fund
Schedule of Investments
October 31, 2020
Coupon | Shares | Market Value ($000) | |||
Temporary Cash Investments (0.7%) | |||||
Money Market Fund (0.7%) | |||||
2,3 | Vanguard Market Liquidity Fund | 0.112% | 432,515 | 43,251 |
Maturity Date | Face Amount ($000) | ||||
U.S. Government and Agency Obligations (0.0%) | |||||
4 | United States Cash Management Bill | 0.145% | 12/15/20 | 2,000 | |
Total Temporary Cash Investments (Cost $45,251) | 45,251 | ||||
Total Investments (100.0%) (Cost $6,896,260) | 6,316,148 | ||||
Other Assets and Liabilities—Net (0.0%) | 2,606 | ||||
Net Assets (100%) | 6,318,754 |
Cost is in $000 | |
* | Non-income-producing security. |
^ | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $33,618,000. |
§ | Security value determined using significant unobservable inputs. |
1 | Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At October 31, 2020, the aggregate value of these securities was $30,733,000, representing 0.5% of net assets. |
2 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
3 | Collateral of $38,080,000 was received for securities on loan. |
4 | Securities with a value of $2,000,000 have been segregated as initial margin for open futures contracts. |
ADR—American Depositary Receipt. | |
REIT—Real Estate Investment Trust. |
61 |
© 2020 The Vanguard Group, Inc. | |
All rights reserved. | |
Vanguard Marketing Corporation, Distributor. | |
SNA720 122020 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Common Stocks (99.4%) | |||
Australia (2.0%) | |||
CSL Ltd. | 160,404 | 32,475 | |
Commonwealth Bank of Australia | 625,419 | 30,365 | |
BHP Group Ltd. | 1,037,865 | 24,879 | |
Westpac Banking Corp. | 1,281,117 | 16,215 | |
National Australia Bank Ltd. | 1,163,860 | 15,227 | |
Australia & New Zealand Banking Group Ltd. | 1,005,012 | 13,337 | |
Wesfarmers Ltd. | 402,258 | 13,021 | |
Woolworths Group Ltd. | 444,690 | 11,962 | |
Macquarie Group Ltd. | 115,188 | 10,270 | |
Transurban Group | 969,535 | 9,181 | |
Rio Tinto Ltd. | 131,729 | 8,570 | |
Goodman Group | 635,317 | 8,223 | |
Fortescue Metals Group Ltd. | 569,832 | 6,971 | |
Newcrest Mining Ltd. | 289,383 | 6,001 | |
Coles Group Ltd. | 453,392 | 5,664 | |
* | Afterpay Ltd. | 76,277 | 5,194 |
Amcor plc (XASX) | 463,455 | 4,826 | |
Aristocrat Leisure Ltd. | 231,775 | 4,667 | |
Sonic Healthcare Ltd. | 171,287 | 4,195 | |
Woodside Petroleum Ltd. | 339,072 | 4,182 | |
ASX Ltd. | 68,844 | 3,855 | |
James Hardie Industries plc | 158,649 | 3,852 | |
Brambles Ltd. | 535,832 | 3,614 | |
Cochlear Ltd. | 22,860 | 3,412 | |
APA Group | 421,702 | 3,109 | |
QBE Insurance Group Ltd. | 522,975 | 3,024 | |
Scentre Group | 1,878,917 | 2,773 | |
Telstra Corp. Ltd. | 1,468,534 | 2,766 | |
Insurance Australia Group Ltd. | 817,430 | 2,744 | |
Northern Star Resources Ltd. | 256,580 | 2,711 | |
Ramsay Health Care Ltd. | 61,719 | 2,704 | |
* | Xero Ltd. | 33,279 | 2,582 |
Suncorp Group Ltd. | 446,548 | 2,579 | |
South32 Ltd. | 1,740,529 | 2,484 | |
Dexus | 403,238 | 2,440 | |
Stockland | 832,382 | 2,251 | |
Evolution Mining Ltd. | 560,308 | 2,197 | |
Santos Ltd. | 660,028 | 2,194 | |
Mirvac Group | 1,415,007 | 2,098 | |
Lendlease Corp. Ltd. | 242,426 | 2,039 | |
AGL Energy Ltd. | 226,952 | 1,989 | |
GPT Group | 693,323 | 1,964 | |
SEEK Ltd. | 127,738 | 1,933 | |
Magellan Financial Group Ltd. | 49,731 | 1,928 | |
Origin Energy Ltd. | 658,018 | 1,851 | |
BlueScope Steel Ltd. | 177,223 | 1,830 | |
Medibank Pvt Ltd. | 973,937 | 1,828 | |
Sydney Airport | 474,996 | 1,821 | |
Tabcorp Holdings Ltd. | 754,821 | 1,744 | |
Aurizon Holdings Ltd. | 648,414 | 1,719 | |
Ampol Ltd. | 93,306 | 1,701 | |
Treasury Wine Estates Ltd. | 262,299 | 1,691 | |
Orica Ltd. | 146,369 | 1,571 | |
* | Saracen Mineral Holdings Ltd. | 386,180 | 1,543 |
Coca-Cola Amatil Ltd. | 175,978 | 1,538 | |
REA Group Ltd. | 17,948 | 1,493 | |
Computershare Ltd. | 169,799 | 1,451 | |
* | NEXTDC Ltd. | 159,525 | 1,428 |
Boral Ltd. | 430,400 | 1,378 | |
Charter Hall Group | 158,209 | 1,372 | |
Ansell Ltd. | 47,291 | 1,337 |
1 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
JB Hi-Fi Ltd. | 39,818 | 1,331 | |
Atlas Arteria Ltd. | 334,097 | 1,323 | |
Oil Search Ltd. | 732,704 | 1,323 | |
AMP Ltd. | 1,181,514 | 1,271 | |
Domino's Pizza Enterprises Ltd. | 21,219 | 1,264 | |
carsales.com Ltd. | 81,947 | 1,197 | |
OZ Minerals Ltd. | 112,017 | 1,170 | |
Vicinity Centres | 1,322,295 | 1,124 | |
ALS Ltd. | 169,124 | 1,119 | |
Altium Ltd. | 37,416 | 982 | |
AusNet Services | 686,120 | 965 | |
Appen Ltd. | 40,273 | 917 | |
Incitec Pivot Ltd. | 670,180 | 904 | |
Qube Holdings Ltd. | 484,144 | 901 | |
Alumina Ltd. | 882,983 | 892 | |
Bendigo & Adelaide Bank Ltd. | 186,447 | 877 | |
Mineral Resources Ltd. | 49,029 | 861 | |
Breville Group Ltd. | 45,386 | 841 | |
Challenger Ltd. | 242,645 | 820 | |
Reliance Worldwide Corp. Ltd. | 272,834 | 788 | |
Metcash Ltd. | 366,714 | 761 | |
* | Qantas Airways Ltd. | 255,591 | 752 |
^ | Bank of Queensland Ltd. | 160,187 | 723 |
Worley Ltd. | 108,273 | 722 | |
Downer EDI Ltd. | 232,299 | 718 | |
Crown Resorts Ltd. | 123,003 | 716 | |
Star Entertainment Grp Ltd. | 305,789 | 705 | |
Steadfast Group Ltd. | 280,187 | 703 | |
Nine Entertainment Co. Holdings Ltd. | 473,228 | 692 | |
IDP Education Ltd. | 50,209 | 681 | |
* | TPG Telecom Ltd. | 132,802 | 670 |
Harvey Norman Holdings Ltd. | 211,657 | 662 | |
Orora Ltd. | 363,449 | 659 | |
Cleanaway Waste Management Ltd. | 452,216 | 652 | |
Bapcor Ltd. | 119,592 | 645 | |
Shopping Centres Australasia Property Group | 385,132 | 628 | |
Link Administration Holdings Ltd. | 181,410 | 610 | |
WiseTech Global Ltd. | 29,332 | 598 | |
Seven Group Holdings Ltd. | 42,300 | 578 | |
IGO Ltd. | 170,451 | 533 | |
Iluka Resources Ltd. | 144,177 | 522 | |
* | CIMIC Group Ltd. | 34,447 | 521 |
Washington H Soul Pattinson & Co. Ltd. | 28,998 | 516 | |
* | Vocus Group Ltd. | 211,206 | 511 |
ARB Corp. Ltd. | 23,312 | 505 | |
Waypoint REIT | 266,983 | 503 | |
Beach Energy Ltd. | 604,163 | 501 | |
Eagers Automotive Ltd. | 64,739 | 495 | |
BWP Trust | 171,794 | 484 | |
Charter Hall Long Wale REIT | 143,394 | 481 | |
* | Lynas Corp. Ltd. | 241,540 | 481 |
St. Barbara Ltd. | 253,880 | 477 | |
CSR Ltd. | 153,212 | 474 | |
Elders Ltd. | 60,037 | 473 | |
*,^ | Zip Co. Ltd. | 116,878 | 471 |
* | Silver Lake Resources Ltd. | 310,618 | 465 |
nib holdings Ltd. | 157,218 | 460 | |
IOOF Holdings Ltd. | 222,834 | 458 | |
Healius Ltd. | 193,089 | 458 | |
Regis Resources Ltd. | 155,747 | 457 | |
National Storage REIT | 347,242 | 441 | |
Charter Hall Retail REIT | 182,119 | 441 | |
Super Retail Group Ltd. | 55,606 | 438 | |
* | Megaport Ltd. | 43,622 | 415 |
2 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Flight Centre Travel Group Ltd. | 50,463 | 399 |
* | Deterra Royalties Ltd. | 144,177 | 398 |
IRESS Ltd. | 60,829 | 394 | |
*,^ | PolyNovo Ltd. | 214,784 | 393 |
Pendal Group Ltd. | 84,607 | 385 | |
Technology One Ltd. | 59,623 | 376 | |
Perpetual Ltd. | 19,584 | 375 | |
* | Perseus Mining Ltd. | 432,402 | 374 |
Ramelius Resources Ltd. | 266,188 | 363 | |
Premier Investments Ltd. | 23,993 | 360 | |
*,^ | Mesoblast Ltd. | 165,895 | 357 |
Ingenia Communities Group | 108,672 | 353 | |
^ | Corporate Travel Management Ltd. | 34,312 | 352 |
Cromwell Property Group | 567,566 | 349 | |
Sims Ltd. | 51,767 | 348 | |
InvoCare Ltd. | 48,562 | 345 | |
1 | Viva Energy Group Ltd. | 287,683 | 340 |
Costa Group Holdings Ltd. | 135,146 | 338 | |
Codan Ltd. | 40,317 | 335 | |
Kogan.com Ltd. | 22,722 | 329 | |
* | Champion Iron Ltd. | 137,565 | 326 |
^ | Pro Medicus Ltd. | 14,264 | 326 |
* | Nanosonics Ltd. | 89,279 | 323 |
HUB24 Ltd. | 19,929 | 322 | |
*,^ | De Grey Mining Ltd. | 405,710 | 315 |
Netwealth Group Ltd. | 25,691 | 312 | |
* | PointsBet Holdings Ltd. | 43,749 | 307 |
^ | Webjet Ltd. | 123,359 | 302 |
* | Tyro Payments Ltd. | 112,690 | 295 |
G8 Education Ltd. | 359,410 | 286 | |
Centuria Industrial REIT | 129,701 | 280 | |
Adbri Ltd. | 139,832 | 278 | |
Aventus Group | 159,073 | 275 | |
AUB Group Ltd. | 23,446 | 275 | |
Credit Corp. Group Ltd. | 21,268 | 274 | |
* | Gold Road Resources Ltd. | 290,876 | 272 |
Bega Cheese Ltd. | 76,625 | 270 | |
* | United Malt Grp Ltd. | 94,310 | 267 |
Bingo Industries Ltd. | 154,054 | 267 | |
Data#3 Ltd. | 58,914 | 259 | |
* | Nufarm Ltd. | 104,176 | 252 |
IPH Ltd. | 54,206 | 251 | |
Centuria Office REIT | 170,204 | 246 | |
*,^ | Blackmores Ltd. | 4,988 | 246 |
GUD Holdings Ltd. | 26,796 | 239 | |
SeaLink Travel Group Ltd. | 57,576 | 236 | |
Lifestyle Communities Ltd. | 32,898 | 235 | |
Abacus Property Group | 119,767 | 233 | |
* | Resolute Mining Ltd. | 410,631 | 233 |
Omni Bridgeway Ltd. | 94,211 | 229 | |
Collins Foods Ltd. | 33,101 | 225 | |
*,^ | EML Payments Ltd. | 105,956 | 225 |
Arena REIT | 120,939 | 224 | |
Growthpoint Properties Australia Ltd. | 92,600 | 221 | |
Brickworks Ltd. | 18,036 | 219 | |
Nickel Mines Ltd. | 347,192 | 218 | |
^ | Whitehaven Coal Ltd. | 286,695 | 215 |
Austal Ltd. | 109,789 | 209 | |
Charter Hall Social Infrastructure REIT | 102,041 | 208 | |
*,^ | nearmap Ltd. | 127,771 | 207 |
Centuria Capital Group (XASX) | 126,597 | 207 | |
GWA Group Ltd. | 108,684 | 201 | |
Domain Holdings Australia Ltd. | 72,276 | 200 | |
Sandfire Resources Ltd. | 63,961 | 199 |
3 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
NRW Holdings Ltd. | 125,749 | 193 | |
Monadelphous Group Ltd. | 29,944 | 193 | |
Rural Funds Group | 113,867 | 192 | |
Platinum Asset Management Ltd. | 89,377 | 192 | |
Tassal Group Ltd. | 76,866 | 191 | |
*,^ | Avita Therapeutics Inc. | 45,869 | 191 |
Service Stream Ltd. | 133,412 | 188 | |
Select Harvests Ltd. | 43,244 | 186 | |
^ | Clinuvel Pharmaceuticals Ltd. | 12,554 | 182 |
Inghams Group Ltd. | 88,279 | 178 | |
*,^ | West African Resources Ltd. | 257,907 | 175 |
* | GrainCorp Ltd. Class A | 69,791 | 174 |
*,^ | Pilbara Minerals Ltd. | 573,740 | 170 |
Accent Group Ltd. | 144,190 | 169 | |
Perenti Global Ltd. | 228,452 | 168 | |
* | Westgold Resources Ltd. | 89,260 | 162 |
Hotel Property Investments | 74,201 | 161 | |
* | Bellevue Gold Ltd. | 199,944 | 159 |
Bravura Solutions Ltd. | 75,685 | 156 | |
* | Australian Agricultural Co. Ltd. | 198,343 | 155 |
GDI Property Group | 205,497 | 154 | |
oOh!media Ltd. | 165,108 | 152 | |
*,^ | Electro Optic Systems Holdings Ltd. | 38,619 | 149 |
MyState Ltd. | 52,014 | 148 | |
* | Karoon Energy Ltd. | 268,395 | 146 |
* | Opthea Ltd. | 93,159 | 142 |
Mount Gibson Iron Ltd. | 286,220 | 137 | |
Integral Diagnostics Ltd. | 45,882 | 136 | |
SmartGroup Corp. Ltd. | 34,915 | 134 | |
* | Cooper Energy Ltd. | 597,256 | 132 |
*,^ | Alkane Resources Ltd. | 147,212 | 128 |
Hansen Technologies Ltd. | 45,591 | 127 | |
*,^ | Paradigm Biopharmaceuticals Ltd. | 65,623 | 125 |
^ | Jumbo Interactive Ltd. | 16,258 | 124 |
* | Sigma Healthcare Ltd. | 325,671 | 122 |
BWX Ltd. | 45,372 | 120 | |
* | Mayne Pharma Group Ltd. | 564,865 | 119 |
Australian Pharmaceutical Industries Ltd. | 154,238 | 119 | |
* | Starpharma Holdings Ltd. Class A | 117,462 | 119 |
Western Areas Ltd. | 85,860 | 116 | |
*,^ | Orocobre Ltd. | 62,464 | 113 |
* | Galaxy Resources Ltd. | 111,184 | 109 |
* | AMA Group Ltd. | 211,492 | 109 |
Pact Group Holdings Ltd. | 65,730 | 109 | |
§ | Freedom Foods Group Ltd. | 50,903 | 108 |
Aurelia Metals Ltd. | 316,430 | 104 | |
Macmahon Holdings Ltd. | 608,142 | 102 | |
McMillan Shakespeare Ltd. | 15,440 | 102 | |
Genworth Mortgage Insurance Australia Ltd. | 81,279 | 98 | |
* | Southern Cross Media Group Ltd. | 761,258 | 94 |
OFX Group Ltd. | 100,137 | 88 | |
Lovisa Holdings Ltd. | 16,436 | 87 | |
HT&E Ltd. | 81,140 | 86 | |
Jupiter Mines Ltd. | 422,476 | 85 | |
* | Eclipx Group Ltd. | 79,787 | 83 |
*,^ | Bubs Australia Ltd. | 168,022 | 82 |
*,^ | Uniti Group Ltd. | 91,861 | 77 |
*,^ | Carnarvon Petroleum Ltd. | 469,345 | 76 |
Cedar Woods Properties Ltd. | 18,566 | 75 | |
* | Capricorn Metals Ltd. | 61,193 | 75 |
*,^ | Emeco Holdings Ltd. | 137,732 | 74 |
Infomedia Ltd. | 63,237 | 69 | |
*,^ | Senex Energy Ltd. | 319,614 | 66 |
^ | FlexiGroup Ltd. | 96,019 | 64 |
4 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Virtus Health Ltd. | 18,856 | 59 | |
*,^ | Superloop Ltd. | 90,060 | 58 |
* | Village Roadshow Ltd. | 36,503 | 57 |
Estia Health Ltd. | 60,540 | 57 | |
^ | New Hope Corp. Ltd. | 68,583 | 52 |
1 | Coronado Global Resources Inc. | 91,620 | 48 |
*,^ | Syrah Resources Ltd. | 148,491 | 48 |
Asaleo Care Ltd. | 64,802 | 43 | |
* | Dacian Gold Ltd. | 165,962 | 42 |
Navigator Global Investments Ltd. | 36,584 | 40 | |
* | Tuas Ltd. | 66,401 | 35 |
SG Fleet Group Ltd. | 27,592 | 33 | |
MACA Ltd. | 54,308 | 31 | |
*,^ | Myer Holdings Ltd. | 155,860 | 25 |
* | Seven West Media Ltd. | 191,420 | 22 |
Regis Healthcare Ltd. | 27,703 | 20 | |
Japara Healthcare Ltd. | 64,092 | 17 | |
* | WPP AUNZ Ltd. | 58,559 | 17 |
* | Centuria Capital Group | 8,440 | 14 |
* | New Century Resources Ltd. | 33,366 | 4 |
*,§ | Liquefied Natural Gas Ltd. | 123,849 | 4 |
* | PointsBet Holdings Ltd. Warrants Exp. 09/30/2022 | 1,137 | 2 |
*,^,§ | SpeedCast International Ltd. | 68,230 | — |
399,208 | |||
Austria (0.1%) | |||
* | Erste Group Bank AG | 101,765 | 2,092 |
Verbund AG | 23,000 | 1,327 | |
OMV AG | 52,617 | 1,216 | |
voestalpine AG | 40,967 | 1,139 | |
Wienerberger AG | 43,331 | 1,094 | |
Andritz AG | 23,603 | 796 | |
*,1 | BAWAG Group AG | 21,474 | 789 |
* | Raiffeisen Bank International AG | 48,392 | 699 |
CA Immobilien Anlagen AG | 24,172 | 664 | |
Mayr Melnhof Karton AG | 2,996 | 489 | |
^ | Oesterreichische Post AG | 12,820 | 407 |
* | Immofinanz AG | 30,335 | 407 |
* | Lenzing AG | 4,449 | 311 |
Telekom Austria AG Class A | 45,351 | 305 | |
Vienna Insurance Group AG Wiener Versicherung Gruppe | 13,000 | 264 | |
S Immo AG | 16,526 | 244 | |
UNIQA Insurance Group AG | 42,174 | 238 | |
Evn AG | 12,654 | 202 | |
* | Strabag SE | 5,036 | 146 |
* | Flughafen Wien AG | 3,428 | 81 |
Schoeller-Bleckmann Oilfield Equipment AG | 2,724 | 66 | |
Palfinger AG | 2,713 | 63 | |
Agrana Beteiligungs AG | 3,459 | 62 | |
* | Do & Co AG | 1,538 | 56 |
Zumtobel Group AG | 9,365 | 52 | |
*,^ | Porr AG | 1,992 | 27 |
13,236 | |||
Belgium (0.3%) | |||
Anheuser-Busch InBev SA/NV | 294,596 | 15,239 | |
KBC Group NV | 98,307 | 4,857 | |
Ucb SA | 43,027 | 4,250 | |
* | Argenx SE | 16,656 | 4,156 |
Groupe Bruxelles Lambert SA | 38,158 | 3,129 | |
Umicore SA | 73,795 | 2,845 | |
Ageas SA/NV | 65,093 | 2,621 | |
Solvay SA Class A | 24,461 | 1,988 | |
Warehouses De Pauw CVA | 46,538 | 1,559 | |
Sofina SA | 5,477 | 1,424 | |
Elia Group SA/NV | 12,652 | 1,224 |
5 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Cofinimmo SA | 8,616 | 1,171 | |
Aedifica SA | 11,458 | 1,155 | |
Etablissements Franz Colruyt NV | 18,389 | 1,088 | |
* | Ackermans & van Haaren NV | 8,022 | 988 |
Proximus SADP | 49,198 | 956 | |
Telenet Group Holding NV | 15,010 | 577 | |
Euronav NV | 68,475 | 500 | |
Melexis NV | 6,572 | 500 | |
Montea CVA | 4,187 | 460 | |
Fagron | 20,366 | 452 | |
D'ieteren SA/NV | 7,610 | 381 | |
Barco NV | 24,185 | 379 | |
Shurgard Self Storage SA | 8,733 | 372 | |
VGP NV | 2,681 | 349 | |
* | Ontex Group NV | 29,502 | 326 |
Gimv NV | 6,225 | 325 | |
* | KBC Ancora | 11,129 | 315 |
Xior Student Housing NV | 5,318 | 302 | |
Befimmo SA | 7,515 | 293 | |
bpost SA | 31,474 | 279 | |
* | Tessenderlo Chemie NV (Voting Shares) | 8,051 | 274 |
Bekaert SA | 12,070 | 257 | |
Retail Estates NV | 3,893 | 230 | |
* | AGFA-Gevaert NV | 50,073 | 190 |
* | Cie d'Entreprises CFE | 2,720 | 169 |
Orange Belgium SA | 9,315 | 155 | |
*,^ | Kinepolis Group NV | 3,966 | 101 |
* | Mithra Pharmaceuticals SA | 4,335 | 79 |
*,^ | Econocom Group SA/NV | 30,696 | 68 |
Van de Velde NV | 1,942 | 50 | |
Wereldhave Belgium Comm VA | 182 | 8 | |
56,041 | |||
Brazil (0.6%) | |||
Vale SA | 712,609 | 7,520 | |
B3 SA - Brasil Bolsa Balcao | 730,090 | 6,496 | |
Itau Unibanco Holding SA Preference Shares | 1,273,287 | 5,210 | |
Vale SA Class B ADR | 449,048 | 4,746 | |
Petroleo Brasileiro SA Preference Shares | 1,312,692 | 4,333 | |
Magazine Luiza SA | 934,464 | 4,011 | |
Weg SA | 259,992 | 3,436 | |
Banco Bradesco SA Preference Shares | 885,729 | 3,112 | |
Petroleo Brasileiro SA | 926,619 | 3,068 | |
Banco Bradesco SA ADR | 810,360 | 2,836 | |
Itausa - Investimentos Itau SA Preference Shares | 1,591,593 | 2,521 | |
Natura & Co. Holding SA | 295,951 | 2,378 | |
* | Suzano SA | 254,115 | 2,217 |
Localiza Rent a Car SA | 202,357 | 2,140 | |
Itau Unibanco Holding SA ADR | 512,611 | 2,097 | |
Ambev SA | 892,637 | 1,895 | |
Notre Dame Intermedica Participacoes SA | 164,206 | 1,882 | |
Lojas Renner SA | 278,564 | 1,818 | |
Raia Drogasil SA | 402,000 | 1,686 | |
Banco do Brasil SA | 309,320 | 1,606 | |
* | Rumo SA | 455,416 | 1,456 |
Ambev SA ADR | 612,459 | 1,311 | |
Lojas Americanas SA Preference Shares | 302,705 | 1,225 | |
* | Via Varejo SA | 405,189 | 1,212 |
Jbs SA | 345,798 | 1,172 | |
Equatorial Energia SA | 320,000 | 1,111 | |
Banco BTG Pactual SA | 86,777 | 1,096 | |
Telefonica Brasil SA Preference Shares | 138,964 | 1,030 | |
* | B2W Cia Digital | 74,987 | 983 |
BB Seguridade Participacoes SA | 236,739 | 977 | |
Gerdau SA Preference Shares | 256,200 | 974 |
6 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Cia de Saneamento Basico do Estado de Sao Paulo | 120,100 | 890 | |
Petrobras Distribuidora SA | 257,644 | 861 | |
Petroleo Brasileiro SA ADR | 129,754 | 860 | |
1 | Hapvida Participacoes e Investimentos SA | 74,595 | 837 |
Ultrapar Participacoes SA | 288,096 | 822 | |
Totvs SA | 173,037 | 814 | |
Banco Santander Brasil SA | 137,300 | 767 | |
Centrais Eletricas Brasileiras SA | 138,982 | 752 | |
Ccr SA | 379,844 | 739 | |
Hypera SA | 147,812 | 719 | |
Sul America SA | 98,844 | 689 | |
* | Brf SA | 223,724 | 654 |
Cosan SA | 57,700 | 653 | |
Bradespar SA Preference Shares | 77,700 | 633 | |
Cia Brasileira de Distribuicao | 57,921 | 625 | |
TIM SA | 288,300 | 595 | |
Banco Bradesco SA | 185,153 | 586 | |
* | Eneva SA | 61,142 | 560 |
Centrais Eletricas Brasileiras SA Preference Shares | 102,600 | 554 | |
Cia de Locacao das Americas | 120,137 | 526 | |
Cia Siderurgica Nacional SA | 140,700 | 504 | |
Qualicorp Consultoria e Corretora de Seguros SA | 89,700 | 498 | |
Cogna Educacao | 658,273 | 492 | |
Cia Energetica de Minas Gerais Preference Shares | 275,354 | 492 | |
Atacadao SA | 150,471 | 484 | |
Metalurgica Gerdau SA Preference Shares Class A | 270,100 | 461 | |
Klabin SA | 106,100 | 439 | |
Engie Brasil Energia SA | 62,075 | 432 | |
Cyrela Brazil Realty SA Empreendimentos e Participacoes | 108,098 | 429 | |
YDUQS Participacoes SA | 106,000 | 423 | |
Alpargatas SA Preference Shares | 59,861 | 423 | |
IRB Brasil Resseguros SA | 393,981 | 422 | |
* | BR Malls Participacoes SA | 295,118 | 420 |
Fleury SA | 86,200 | 411 | |
Energisa SA | 52,915 | 387 | |
* | Azul SA Prior Preference Shares. | 97,836 | 384 |
Transmissora Alianca de Energia Eletrica SA | 70,927 | 348 | |
*,1 | Locaweb Servicos de Internet SA | 28,600 | 345 |
Duratex SA | 99,885 | 334 | |
Linx SA | 52,500 | 328 | |
Cia Siderurgica Nacional SA ADR | 89,670 | 320 | |
* | Marfrig Global Foods SA | 132,491 | 318 |
EDP - Energias do Brasil SA | 103,467 | 307 | |
CPFL Energia SA | 60,500 | 294 | |
Multiplan Empreendimentos Imobiliarios SA | 86,921 | 287 | |
* | Embraer SA | 273,400 | 287 |
Cia Energetica de Sao Paulo Preference Shares | 60,785 | 283 | |
Porto Seguro SA | 33,872 | 280 | |
MRV Engenharia e Participacoes SA | 92,700 | 272 | |
Neoenergia SA | 86,100 | 261 | |
Lojas Americanas SA | 73,845 | 260 | |
Usinas Siderurgicas de Minas Gerais SA Preference Shares | 136,371 | 259 | |
* | Braskem SA Preference Shares | 64,180 | 255 |
Cia de Transmissao de Energia Eletrica Paulista Preference Shares | 62,308 | 255 | |
* | Light SA | 74,246 | 250 |
Sao Martinho SA | 67,100 | 246 | |
Cia Energetica de Minas Gerais | 121,316 | 246 | |
* | Omega Geracao SA | 39,615 | 233 |
Cielo SA | 383,088 | 225 | |
Cia de Saneamento do Parana | 54,180 | 224 | |
Cia Paranaense de Energia | 23,100 | 221 | |
Ez Tec Empreendimentos e Participacoes SA | 33,961 | 208 | |
SLC Agricola SA | 45,700 | 204 | |
* | Aliansce Sonae Shopping Centers SA | 50,598 | 203 |
7 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Odontoprev SA | 92,000 | 202 | |
Grendene SA | 141,700 | 198 | |
Cia Paranaense de Energia Preference Shares | 17,400 | 187 | |
* | Anima Holding SA | 35,291 | 172 |
Banco Inter SA Ordinary Shares | 55,072 | 165 | |
1 | Banco Inter SA Preference Shares | 57,402 | 165 |
Iguatemi Empresa de Shopping Centers SA | 31,500 | 165 | |
* | Gol Linhas Aereas Inteligentes SA Preference Shares | 59,544 | 163 |
* | Minerva SA | 91,760 | 159 |
Santos Brasil Participacoes SA | 229,523 | 157 | |
Randon Participacoes SA Preference Shares | 71,064 | 157 | |
Cia de Saneamento de Minas Gerais-COPASA | 20,489 | 153 | |
* | Petro Rio SA | 27,700 | 151 |
Arezzo Industria e Comercio SA | 14,200 | 149 | |
BK Brasil Operacao e Assessoria a Restaurantes SA | 84,700 | 144 | |
* | Cosan Logistica SA | 50,231 | 143 |
M Dias Branco SA | 25,200 | 142 | |
* | EcoRodovias Infraestrutura e Logistica SA | 81,353 | 142 |
CVC Brasil Operadora e Agencia de Viagens SA | 66,179 | 142 | |
TIM SA ADR | 13,500 | 139 | |
Banco Pan SA Preference Shares | 106,700 | 139 | |
Alupar Investimento SA | 34,858 | 139 | |
* | Grupo SBF SA | 34,609 | 138 |
BR Properties SA | 89,835 | 136 | |
Itau Unibanco Holding SA | 34,100 | 131 | |
Banco do Estado do Rio Grande do Sul SA Preference Shares | 62,398 | 130 | |
Telefonica Brasil SA | 17,200 | 128 | |
Construtora Tenda SA | 27,118 | 127 | |
* | Vivara Participacoes SA | 33,200 | 126 |
AES Tiete Energia SA | 45,897 | 118 | |
Cia de Saneamento do Parana Preference Shares | 139,400 | 116 | |
Movida Participacoes SA | 33,500 | 106 | |
Cia Hering | 37,140 | 103 | |
Camil Alimentos SA | 47,300 | 100 | |
Marcopolo SA Preference Shares | 231,609 | 99 | |
JHSF Participacoes SA | 87,847 | 98 | |
LOG Commercial Properties e Participacoes SA | 17,315 | 95 | |
SIMPAR SA | 20,818 | 93 | |
Banco Inter SA | 9,891 | 88 | |
Iochpe Maxion SA | 37,596 | 87 | |
* | Tupy SA | 23,300 | 77 |
* | C&A Modas Ltda | 35,000 | 72 |
Guararapes Confeccoes SA | 29,000 | 69 | |
Even Construtora e Incorporadora SA | 35,991 | 65 | |
Unipar Carbocloro SA Preference Shares | 11,970 | 63 | |
Direcional Engenharia SA | 28,542 | 56 | |
1 | Ser Educacional SA | 23,047 | 53 |
Smiles Fidelidade SA | 19,500 | 49 | |
Jereissati Participacoes SA | 12,761 | 47 | |
Instituto Hermes Pardini SA | 12,400 | 46 | |
Wiz Solucoes e Corretagem de Seguros SA | 25,310 | 39 | |
Enauta Participacoes SA | 23,045 | 38 | |
Mahle-Metal Leve SA | 12,100 | 38 | |
Alliar Medicos A Frente SA | 14,900 | 25 | |
* | CVC Brasil Operadora e Agencia de Viagens SA Warrants | 8,824 | 3 |
112,577 | |||
Canada (2.6%) | |||
Royal Bank of Canada | 500,858 | 35,022 | |
Toronto-Dominion Bank | 636,188 | 28,068 | |
Canadian National Railway Co. | 250,865 | 24,921 | |
Enbridge Inc. | 713,317 | 19,655 | |
Bank of Nova Scotia | 425,771 | 17,689 | |
Brookfield Asset Management Inc. Class A | 489,397 | 14,543 |
8 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Canadian Pacific Railway Ltd. | 47,769 | 14,275 | |
^ | Bank of Montreal | 225,700 | 13,439 |
TC Energy Corp. | 333,577 | 13,130 | |
Canadian Imperial Bank of Commerce (XTSE) | 155,577 | 11,605 | |
Barrick Gold Corp. (XTSE) | 413,631 | 11,059 | |
Manulife Financial Corp. | 691,102 | 9,368 | |
Waste Connections Inc. | 93,336 | 9,252 | |
Franco-Nevada Corp. | 66,528 | 9,068 | |
Alimentation Couche-Tard Inc. Class B | 294,170 | 9,059 | |
Sun Life Financial Inc. | 209,611 | 8,340 | |
Nutrien Ltd. | 203,227 | 8,261 | |
* | Shopify Inc. Class A (XTSE) | 8,960 | 8,260 |
Wheaton Precious Metals Corp. | 160,672 | 7,373 | |
Constellation Software Inc. | 6,744 | 7,080 | |
Agnico Eagle Mines Ltd. | 85,352 | 6,757 | |
Canadian Natural Resources Ltd. | 411,290 | 6,545 | |
Fortis Inc. | 163,620 | 6,463 | |
Suncor Energy Inc. | 542,576 | 6,121 | |
National Bank of Canada | 118,932 | 5,708 | |
Barrick Gold Corp. (XLON) | 214,008 | 5,703 | |
Restaurant Brands International Inc. | 103,681 | 5,388 | |
Intact Financial Corp. | 50,425 | 5,209 | |
Rogers Communications Inc. Class B | 124,271 | 5,048 | |
* | CGI Inc. | 81,128 | 5,034 |
Magna International Inc. | 97,437 | 4,975 | |
Thomson Reuters Ord Shs | 59,193 | 4,602 | |
Kirkland Lake Gold Ltd. | 99,035 | 4,512 | |
BCE Inc. | 108,705 | 4,368 | |
Metro Inc. | 91,453 | 4,266 | |
Pembina Pipeline Corp. | 197,942 | 4,144 | |
Power Corp. of Canada | 196,456 | 3,741 | |
Kinross Gold Corp. | 457,480 | 3,640 | |
Dollarama Inc. | 104,346 | 3,593 | |
Open Text Corp. | 96,579 | 3,548 | |
^ | Emera Inc. | 88,043 | 3,512 |
Algonquin Power & Utilities Corp. | 211,576 | 3,208 | |
Loblaw Cos. Ltd. | 59,934 | 2,983 | |
Shaw Communications Inc. Class B | 166,760 | 2,747 | |
TELUS Corp. | 149,791 | 2,561 | |
Fairfax Financial Holdings Ltd. | 9,694 | 2,548 | |
1 | Hydro One Ltd. | 113,855 | 2,488 |
^ | WSP Global Inc. | 38,264 | 2,420 |
Ritchie Bros Auctioneers Inc. | 38,590 | 2,339 | |
B2Gold Corp. | 359,225 | 2,311 | |
Pan American Silver Corp. | 71,662 | 2,277 | |
First Quantum Minerals Ltd. | 196,108 | 2,254 | |
^ | Canadian Tire Corp. Ltd. Class A | 19,985 | 2,232 |
Teck Resources Ltd. Class B | 161,537 | 2,123 | |
CCL Industries Inc. Class B | 51,901 | 1,979 | |
^ | Canadian Apartment Properties REIT | 61,489 | 1,977 |
^ | Northland Power Inc. | 60,931 | 1,971 |
Saputo Inc. | 79,792 | 1,942 | |
TMX Group Ltd. | 19,428 | 1,888 | |
Great-West Lifeco Inc. | 92,377 | 1,882 | |
* | Bausch Health Cos. Inc. | 112,716 | 1,857 |
Yamana Gold Inc. | 333,139 | 1,853 | |
George Weston Ltd. | 25,635 | 1,798 | |
Toromont Industries Ltd. | 28,064 | 1,747 | |
Empire Co. Ltd. | 60,869 | 1,661 | |
* | Descartes Systems Group Inc. | 30,938 | 1,659 |
FirstService Corp. | 12,270 | 1,645 | |
CAE Inc. | 91,738 | 1,568 | |
*,^ | Canopy Growth Corp. | 79,578 | 1,495 |
* | Kinaxis Inc. | 9,678 | 1,477 |
9 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
^ | Element Fleet Management Corp. | 154,103 | 1,452 |
Quebecor Inc. Class B | 61,979 | 1,438 | |
Gildan Activewear Inc. | 68,658 | 1,422 | |
Inter Pipeline Ltd. | 156,154 | 1,390 | |
* | SSR Mining Inc. | 74,637 | 1,381 |
iA Financial Corp. Inc. | 39,145 | 1,364 | |
Lundin Mining Corp. | 216,784 | 1,310 | |
Parkland Corp. | 53,291 | 1,302 | |
Cameco Corp. | 136,600 | 1,298 | |
^ | AltaGas Ltd. | 101,441 | 1,286 |
Alamos Gold Inc. Class A | 137,125 | 1,253 | |
Cenovus Energy Inc. | 370,685 | 1,213 | |
TFI International Inc. | 27,130 | 1,208 | |
^ | RioCan REIT | 111,458 | 1,203 |
Onex Corp. | 27,431 | 1,186 | |
Stantec Inc. | 39,708 | 1,140 | |
^ | Granite REIT | 20,170 | 1,131 |
Tourmaline Oil Corp. | 87,042 | 1,128 | |
^ | Keyera Corp. | 79,322 | 1,126 |
Boyd Group Services Inc. | 7,525 | 1,079 | |
Imperial Oil Ltd. | 79,404 | 1,056 | |
* | Endeavour Mining Corp. | 42,427 | 1,041 |
^ | Allied Properties REIT | 42,841 | 1,039 |
*,^ | Ballard Power Systems Inc. | 68,833 | 1,015 |
Canadian Utilities Ltd. Class A | 43,288 | 1,012 | |
^ | SNC-Lavalin Group Inc. | 64,880 | 908 |
Capital Power Corp. | 39,910 | 879 | |
Finning International Inc. | 57,741 | 878 | |
* | Ivanhoe Mines Ltd. | 217,200 | 854 |
* | NovaGold Resources Inc. | 82,312 | 853 |
CI Financial Corp. | 71,976 | 839 | |
West Fraser Timber Co. Ltd. | 17,701 | 821 | |
* | BlackBerry Ltd. | 176,545 | 792 |
* | Eldorado Gold Corp. | 62,830 | 788 |
^ | Premium Brands Holdings Corp. | 10,985 | 784 |
BRP Inc. | 14,505 | 783 | |
Innergex Renewable Energy Inc. | 43,100 | 777 | |
Boralex Inc. Class A | 26,664 | 776 | |
Stella-Jones Inc. | 23,810 | 775 | |
^ | Choice Properties REIT | 85,314 | 770 |
^ | H&R REIT | 99,108 | 762 |
Atco Ltd. Class I | 27,191 | 757 | |
* | Pretium Resources Inc. | 61,929 | 755 |
Colliers International Group Inc. | 10,491 | 743 | |
* | Equinox Gold Corp. | 67,921 | 725 |
Enghouse Systems Ltd. | 14,501 | 720 | |
Gibson Energy Inc. | 48,358 | 712 | |
IGM Financial Inc. | 31,604 | 694 | |
Primo Water Corp. | 54,567 | 684 | |
*,^ | First Majestic Silver Corp. | 66,610 | 681 |
Centerra Gold Inc. | 77,162 | 674 | |
^ | First Capital REIT | 75,853 | 673 |
^ | SmartCentres REIT | 41,488 | 656 |
Methanex Corp. | 21,821 | 647 | |
TransAlta Corp. | 104,337 | 619 | |
^ | Brookfield Infrastructure Corp. Class A | 11,312 | 617 |
* | Lightspeed POS Inc. | 19,162 | 613 |
* | Canada Goose Holdings Inc. | 19,290 | 602 |
Osisko Gold Royalties Ltd. | 50,547 | 565 | |
Canadian Western Bank | 30,681 | 564 | |
* | IAMGOLD Corp. | 153,394 | 562 |
ARC Resources Ltd. | 114,100 | 562 | |
* | Air Canada Class A | 50,652 | 560 |
^ | Superior Plus Corp. | 61,160 | 544 |
10 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
^ | Norbord Inc. | 16,172 | 531 |
^ | Chartwell Retirement Residences | 71,548 | 513 |
^ | GFL Environmental Inc. | 26,222 | 503 |
* | Parex Resources Inc. | 48,843 | 475 |
Linamar Corp. | 14,300 | 467 | |
Maple Leaf Foods Inc. | 25,190 | 459 | |
^ | PrairieSky Royalty Ltd. | 73,782 | 452 |
*,^ | Aphria Inc. | 94,319 | 424 |
North West Co. Inc. | 16,800 | 414 | |
Genworth MI Canada Inc. | 12,294 | 408 | |
^ | TransAlta Renewables Inc. | 31,300 | 392 |
* | Home Capital Group Inc. Class B | 20,552 | 375 |
* | Torex Gold Resources Inc. | 27,758 | 374 |
Transcontinental Inc. Class A | 30,812 | 365 | |
Hudbay Minerals Inc. | 79,265 | 358 | |
*,^ | Cronos Group Inc. | 63,381 | 336 |
* | Seven Generations Energy Ltd. Class A | 94,531 | 335 |
Cascades Inc. | 31,067 | 331 | |
* | Great Canadian Gaming Corp. | 18,900 | 323 |
^ | Cominar REIT | 60,240 | 321 |
^ | Laurentian Bank of Canada | 15,982 | 314 |
ECN Capital Corp. | 75,845 | 301 | |
Winpak Ltd. | 9,500 | 293 | |
* | ATS Automation Tooling Systems Inc. | 23,300 | 289 |
^ | Boardwalk REIT | 14,268 | 287 |
Mullen Group Ltd. | 41,918 | 282 | |
* | OceanaGold Corp. | 211,627 | 276 |
Russel Metals Inc. | 20,671 | 275 | |
Artis REIT | 43,300 | 271 | |
Husky Energy Inc. | 103,399 | 266 | |
Cogeco Communications Inc. | 3,793 | 264 | |
* | Turquoise Hill Resources Ltd. | 31,921 | 251 |
^ | Whitecap Resources Inc. | 134,159 | 245 |
* | Canfor Corp. | 19,600 | 238 |
* | Celestica Inc. | 40,101 | 236 |
Crescent Point Energy Corp. | 185,800 | 232 | |
Martinrea International Inc. | 29,300 | 221 | |
^ | NFI Group Inc. | 19,177 | 217 |
^ | Dream Office REIT | 15,117 | 199 |
* | MEG Energy Corp. | 105,341 | 192 |
Aecon Group Inc. | 17,600 | 188 | |
Northview Apartment REIT | 6,178 | 167 | |
*,^ | Aurora Cannabis Inc. | 36,835 | 149 |
^ | Westshore Terminals Investment Corp. | 14,700 | 148 |
*,^ | Bombardier Inc. Class B | 668,581 | 141 |
Enerplus Corp. | 72,770 | 132 | |
First National Financial Corp. | 4,600 | 128 | |
^ | Vermilion Energy Inc. | 45,869 | 113 |
Canadian Imperial Bank of Commerce (XNYS) | 1,229 | 92 | |
*,^ | Bombardier Inc. Class A | 3,400 | 1 |
* | Constellation Software Inc. Rights | 12,542 | — |
516,239 | |||
Chile (0.1%) | |||
Enel Americas SA | 10,295,551 | 1,366 | |
Empresas COPEC SA | 172,121 | 1,313 | |
Banco de Chile | 15,384,335 | 1,188 | |
Sociedad Quimica y Minera de Chile SA ADR | 24,611 | 911 | |
Empresas CMPC SA | 399,726 | 831 | |
Falabella SA | 261,612 | 717 | |
Cencosud SA | 483,365 | 672 | |
Sociedad Quimica y Minera de Chile SA Preference Shares Class B | 17,998 | 658 | |
Banco de Credito e Inversiones SA | 16,629 | 520 | |
Banco Santander Chile | 14,388,915 | 504 | |
Enel Chile SA | 5,748,217 | 386 |
11 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Colbun SA | 2,305,955 | 348 | |
Parque Arauco SA | 209,058 | 268 | |
Banco Santander Chile ADR | 18,759 | 260 | |
* | Cia Sud Americana de Vapores SA | 8,758,915 | 255 |
Cia Cervecerias Unidas SA | 45,662 | 254 | |
AES Gener SA | 1,520,340 | 236 | |
Empresa Nacional de Telecomunicaciones SA | 39,628 | 223 | |
Aguas Andinas SA Class A | 846,239 | 220 | |
Enel Chile SA ADR | 65,984 | 220 | |
Cencosud Shopping SA | 161,428 | 213 | |
Cap SA | 25,734 | 212 | |
Vina Concha y Toro SA | 117,757 | 188 | |
Engie Energia Chile SA | 169,857 | 179 | |
Plaza SA | 137,445 | 175 | |
Itau CorpBanca Chile SA | 61,154,961 | 161 | |
Ripley Corp. SA | 580,437 | 145 | |
Embotelladora Andina SA Preference Shares | 61,493 | 128 | |
* | Latam Airlines Group SA | 77,515 | 117 |
Inversiones Aguas Metropolitanas SA | 170,403 | 115 | |
SMU SA | 837,820 | 109 | |
Sonda SA | 157,659 | 100 | |
Salfacorp SA | 196,211 | 95 | |
Besalco SA | 138,378 | 60 | |
Inversiones La Construccion SA | 9,475 | 51 | |
Forus SA | 29,238 | 36 | |
Enel Americas SA ADR | 485 | 3 | |
13,437 | |||
China (5.3%) | |||
* | Alibaba Group Holding Ltd. ADR | 619,486 | 188,751 |
Tencent Holdings Ltd. | 2,022,367 | 154,520 | |
* | Meituan Dianping Class B | 1,266,960 | 47,231 |
* | JD.com Inc. ADR | 304,168 | 24,796 |
China Construction Bank Corp. Class H | 32,587,026 | 22,456 | |
Ping An Insurance Group Co. of China Ltd. | 1,915,966 | 19,810 | |
Industrial & Commercial Bank of China Ltd. Class H | 27,164,245 | 15,426 | |
* | Baidu Inc. ADR | 96,405 | 12,827 |
*,1 | Xiaomi Corp. Class B | 4,322,693 | 12,294 |
NetEase Inc. ADR | 133,255 | 11,565 | |
China Mobile Ltd. | 1,873,657 | 11,460 | |
* | NIO Inc. ADR | 338,050 | 10,338 |
*,1 | Wuxi Biologics Cayman Inc. | 340,080 | 9,551 |
* | TAL Education Group ADR | 137,617 | 9,146 |
* | Pinduoduo Inc. ADR | 98,181 | 8,834 |
Bank of China Ltd. Class H | 26,210,410 | 8,279 | |
Kweichow Moutai Co. Ltd. Class A | 31,298 | 7,820 | |
* | New Oriental Education & Technology Group Inc. ADR | 48,675 | 7,806 |
China Merchants Bank Co. Ltd. Class H | 1,442,398 | 7,513 | |
China Life Insurance Co. Ltd. Class H | 2,580,271 | 5,630 | |
CNOOC Ltd. | 5,634,063 | 5,155 | |
BYD Co. Ltd. Class H | 245,460 | 4,962 | |
* | Trip.com Group Ltd. ADR | 166,627 | 4,792 |
ANTA Sports Products Ltd. | 425,000 | 4,718 | |
China Mengniu Dairy Co. Ltd. | 971,000 | 4,578 | |
Shenzhou International Group Holdings Ltd. | 258,591 | 4,499 | |
* | Semiconductor Manufacturing International Corp. | 1,494,600 | 4,409 |
ZTO Express Cayman Inc. ADR | 139,118 | 4,032 | |
* | Alibaba Health Information Technology Ltd. | 1,532,000 | 4,018 |
China Resources Land Ltd. | 973,909 | 3,983 | |
Sunny Optical Technology Group Co. Ltd. | 235,000 | 3,902 | |
Geely Automobile Holdings Ltd. | 1,894,200 | 3,892 | |
China Petroleum & Chemical Corp. Class H | 9,253,337 | 3,613 | |
China Resources Beer Holdings Co. Ltd. | 580,681 | 3,603 | |
Sino Biopharmaceutical Ltd. | 3,551,250 | 3,597 | |
Agricultural Bank of China Ltd. Class H | 10,475,500 | 3,564 |
12 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Wuliangye Yibin Co. Ltd. Class A | 95,900 | 3,506 | |
ENN Energy Holdings Ltd. | 275,118 | 3,482 | |
1 | Longfor Group Holdings Ltd. | 621,000 | 3,403 |
China Overseas Land & Investment Ltd. | 1,352,980 | 3,398 | |
*,1 | Innovent Biologics Inc. | 456,941 | 3,388 |
Ping An Insurance Group Co. of China Ltd. Class A | 288,100 | 3,353 | |
Country Garden Holdings Co. Ltd. | 2,686,230 | 3,320 | |
China Pacific Insurance Group Co. Ltd. Class H | 1,059,000 | 3,314 | |
Li Ning Co. Ltd. | 629,249 | 3,280 | |
Sunac China Holdings Ltd. | 884,400 | 3,278 | |
* | Vipshop Holdings Ltd. | 149,069 | 3,190 |
CSPC Pharmaceutical Group Ltd. | 2,992,000 | 3,177 | |
China Gas Holdings Ltd. | 954,751 | 2,934 | |
Country Garden Services Holdings Co. Ltd. | 455,141 | 2,866 | |
* | GDS Holdings Ltd. ADR | 32,249 | 2,710 |
China Conch Venture Holdings Ltd. | 591,998 | 2,636 | |
1 | China Tower Corp. Ltd. Class H | 16,816,576 | 2,632 |
* | KE Holdings Inc. ADR | 37,286 | 2,601 |
Anhui Conch Cement Co. Ltd. Class H | 410,000 | 2,565 | |
China Merchants Bank Co. Ltd. Class A | 418,600 | 2,491 | |
Xinyi Solar Holdings Ltd. | 1,358,200 | 2,481 | |
* | Tencent Music Entertainment Group ADR | 163,272 | 2,429 |
Huazhu Group Ltd. ADR | 56,650 | 2,245 | |
* | Bilibili Inc. ADR | 49,168 | 2,196 |
Yihai International Holding Ltd. | 163,000 | 2,165 | |
China Shenhua Energy Co. Ltd. Class H | 1,239,500 | 2,148 | |
China Vanke Co. Ltd. Class H | 674,289 | 2,093 | |
PetroChina Co. Ltd. Class H | 7,434,000 | 2,088 | |
1 | China Feihe Ltd. | 909,000 | 2,068 |
Kingdee International Software Group Co. Ltd. | 783,000 | 2,067 | |
* | iQIYI Inc. ADR | 79,364 | 1,960 |
1 | Haidilao International Holding Ltd. | 294,000 | 1,947 |
Autohome Inc. ADR | 20,299 | 1,940 | |
* | Zai Lab Ltd. ADR | 23,160 | 1,900 |
Shimao Group Holdings Ltd. | 525,500 | 1,861 | |
Haier Electronics Group Co. Ltd. | 481,000 | 1,834 | |
Hengan International Group Co. Ltd. | 262,230 | 1,829 | |
Great Wall Motor Co. Ltd. Class H | 1,086,558 | 1,759 | |
*,1 | Ping An Healthcare and Technology Co. Ltd. | 135,827 | 1,753 |
Jiangsu Hengrui Medicine Co. Ltd. Class A | 131,197 | 1,745 | |
Agricultural Bank of China Ltd. Class A | 3,687,335 | 1,735 | |
^ | China Evergrande Group | 849,000 | 1,693 |
Industrial & Commercial Bank of China Ltd. Class A | 2,285,985 | 1,680 | |
JOYY Inc. ADR | 18,302 | 1,672 | |
Kingsoft Corp. Ltd. | 308,000 | 1,657 | |
Zijin Mining Group Co. Ltd. Class H | 2,269,301 | 1,654 | |
1 | Postal Savings Bank of China Co. Ltd. Class H | 3,354,000 | 1,646 |
China National Building Material Co. Ltd. Class H | 1,416,750 | 1,631 | |
PICC Property & Casualty Co. Ltd. Class H | 2,390,330 | 1,622 | |
China Telecom Corp. Ltd. Class H | 5,126,034 | 1,609 | |
CITIC Securities Co. Ltd. Class H | 728,500 | 1,580 | |
Guangdong Investment Ltd. | 1,060,000 | 1,572 | |
Shandong Weigao Group Medical Polymer Co. Ltd. Class H | 808,000 | 1,567 | |
*,1 | Hansoh Pharmaceutical Group Co. Ltd. | 348,000 | 1,558 |
Hangzhou Hikvision Digital Technology Co. Ltd. Class A | 231,300 | 1,555 | |
Zhongsheng Group Holdings Ltd. | 212,000 | 1,512 | |
Weichai Power Co. Ltd. Class H | 792,400 | 1,503 | |
Luxshare Precision Industry Co. Ltd. Class A | 180,069 | 1,475 | |
China Tourism Group Duty Free Corp. Ltd. Class A | 48,497 | 1,446 | |
Shenzhen Mindray Bio-Medical Electronics Co. Ltd. Class A | 24,188 | 1,400 | |
China Resources Gas Group Ltd. | 318,000 | 1,382 | |
Industrial Bank Co. Ltd. Class A | 513,700 | 1,367 | |
China Unicom Hong Kong Ltd. | 2,173,574 | 1,340 | |
Gree Electric Appliances Inc. of Zhuhai Class A | 148,800 | 1,305 |
13 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Ping An Bank Co. Ltd. Class A | 479,700 | 1,273 | |
CITIC Securities Co. Ltd. Class A | 295,400 | 1,267 | |
CITIC Ltd. | 1,734,000 | 1,240 | |
Bank of Communications Co. Ltd. Class H | 2,514,058 | 1,237 | |
* | Haitong Securities Co. Ltd. Class H | 1,449,939 | 1,228 |
BYD Co. Ltd. Class A | 50,100 | 1,195 | |
China CITIC Bank Corp. Ltd. Class H | 2,896,525 | 1,179 | |
BYD Electronic International Co. Ltd. | 269,500 | 1,161 | |
New China Life Insurance Co. Ltd. Class H | 287,501 | 1,149 | |
LONGi Green Energy Technology Co. Ltd. Class A | 100,989 | 1,148 | |
1 | WuXi AppTec Co. Ltd. Class H | 71,580 | 1,144 |
China Minsheng Banking Corp. Ltd. Class H | 2,085,512 | 1,141 | |
Shanghai Fosun Pharmaceutical Group Co. Ltd. Class H | 269,139 | 1,111 | |
Guangzhou Automobile Group Co. Ltd. Class H | 1,071,399 | 1,101 | |
Tsingtao Brewery Co. Ltd. Class H | 132,322 | 1,096 | |
China Jinmao Holdings Group Ltd. | 2,160,000 | 1,094 | |
Bank of China Ltd. Class A | 2,268,700 | 1,078 | |
*,^ | GSX Techedu Inc. ADR | 15,454 | 1,026 |
China Resources Cement Holdings Ltd. | 782,000 | 1,024 | |
Aier Eye Hospital Group Co. Ltd. Class A | 109,612 | 1,021 | |
Sinopharm Group Co. Ltd. Class H | 441,800 | 1,015 | |
China Life Insurance Co. Ltd. Class A | 145,572 | 1,004 | |
Shanghai Pudong Development Bank Co. Ltd. Class A | 725,786 | 1,004 | |
China Yangtze Power Co. Ltd. Class A | 351,294 | 997 | |
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd. Class A | 38,995 | 981 | |
China Vanke Co. Ltd. Class A | 235,500 | 971 | |
Kingboard Holdings Ltd. | 283,840 | 961 | |
Fosun International Ltd. | 788,464 | 952 | |
Luzhou Laojiao Co. Ltd. Class A | 36,200 | 935 | |
Muyuan Foods Co. Ltd. Class A | 88,092 | 934 | |
* | China Biologic Products Holdings Inc. | 7,855 | 913 |
Wanhua Chemical Group Co. Ltd. Class A | 77,500 | 911 | |
* | SINA Corp. | 21,074 | 903 |
Inner Mongolia Yili Industrial Group Co. Ltd. Class A | 149,800 | 890 | |
1 | China Galaxy Securities Co. Ltd. Class H | 1,573,000 | 863 |
*,1 | China International Capital Corp. Ltd. Class H | 362,000 | 846 |
1 | Huatai Securities Co. Ltd. Class H | 513,564 | 832 |
1 | People's Insurance Co. Group of China Ltd. Class H | 2,787,000 | 829 |
Brilliance China Automotive Holdings Ltd. | 960,000 | 829 | |
SAIC Motor Corp. Ltd. Class A | 238,699 | 826 | |
Momo Inc. ADR | 54,687 | 820 | |
Contemporary Amperex Technology Co. Ltd. Class A | 22,240 | 817 | |
1 | CGN Power Co. Ltd. Class H | 3,806,832 | 816 |
China Minsheng Banking Corp. Ltd. Class A | 1,032,100 | 814 | |
CIFI Holdings Group Co. Ltd. | 1,162,000 | 805 | |
* | Weibo Corp. ADR | 19,264 | 800 |
Beijing Enterprises Water Group Ltd. | 2,101,015 | 799 | |
China State Construction Engineering Corp. Ltd. Class A | 1,039,800 | 795 | |
China Communications Construction Co. Ltd. Class H | 1,516,875 | 794 | |
Nine Dragons Paper Holdings Ltd. | 595,000 | 794 | |
SF Holding Co. Ltd. Class A | 62,898 | 779 | |
Anhui Conch Cement Co. Ltd. Class A | 101,900 | 776 | |
Sany Heavy Industry Co. Ltd. Class A | 197,146 | 766 | |
China Longyuan Power Group Corp. Ltd. Class H | 1,114,000 | 764 | |
China Taiping Insurance Holdings Co. Ltd. | 493,459 | 745 | |
Chongqing Zhifei Biological Products Co. Ltd. Class A | 31,100 | 745 | |
Far East Horizon Ltd. | 743,000 | 733 | |
Shanxi Xinghuacun Fen Wine Factory Co. Ltd. Class A | 21,546 | 725 | |
* | Alibaba Group Holding Ltd. | 18,700 | 709 |
Bank of Ningbo Co. Ltd. Class A | 139,200 | 707 | |
Dongfeng Motor Group Co. Ltd. Class H | 1,004,000 | 707 | |
East Money Information Co. Ltd. Class A | 199,260 | 698 | |
WuXi AppTec Co. Ltd. Class A | 41,004 | 693 | |
Bank of Communications Co. Ltd. Class A | 1,016,300 | 688 |
14 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | JD.com Inc. Class A | 16,856 | 688 |
Foshan Haitian Flavouring & Food Co. Ltd. Class A | 28,700 | 687 | |
China Everbright Environment Group Ltd. | 1,355,777 | 684 | |
Kunlun Energy Co. Ltd. | 1,054,000 | 682 | |
China Railway Group Ltd. Class H | 1,476,000 | 679 | |
* | JinkoSolar Holding Co. Ltd. ADR | 11,488 | 670 |
China Resources Power Holdings Co. Ltd. | 639,400 | 665 | |
Agile Group Holdings Ltd. | 481,500 | 661 | |
China Everbright Bank Co. Ltd. Class A | 1,124,800 | 659 | |
* | 51job Inc. ADR | 9,393 | 658 |
TravelSky Technology Ltd. Class H | 312,000 | 658 | |
Poly Developments and Holdings Group Co. Ltd. Class A | 284,799 | 655 | |
1 | Pharmaron Beijing Co. Ltd. Class H | 45,100 | 653 |
1 | Topsports International Holdings Ltd. | 472,000 | 647 |
Huatai Securities Co. Ltd. Class A | 211,700 | 646 | |
Shanghai Baosight Software Co. Ltd. Class B | 164,972 | 644 | |
KWG Group Holdings Ltd. | 481,500 | 639 | |
Changchun High & New Technology Industry Group Inc. Class A | 11,246 | 630 | |
* | 21Vianet Group Inc. ADR | 27,261 | 626 |
China Hongqiao Group Ltd. | 864,000 | 625 | |
* | COSCO SHIPPING Holdings Co. Ltd. Class H | 976,000 | 625 |
GF Securities Co. Ltd. Class H | 476,200 | 616 | |
Beijing Enterprises Holdings Ltd. | 202,000 | 609 | |
New China Life Insurance Co. Ltd. Class A | 63,200 | 607 | |
*,^,1 | ZhongAn Online P&C Insurance Co. Ltd. Class H | 115,556 | 605 |
Yonyou Network Technology Co. Ltd. Class A | 93,167 | 603 | |
1 | Fuyao Glass Industry Group Co. Ltd. Class H | 140,000 | 594 |
ZTE Corp. Class H | 266,814 | 590 | |
Henan Shuanghui Investment & Development Co. Ltd. Class A | 78,478 | 587 | |
*,1 | China Merchants Securities Co. Ltd. Class H | 469,760 | 583 |
China Meidong Auto Holdings Ltd. | 142,000 | 581 | |
Haier Smart Home Co. Ltd. Class A | 155,899 | 580 | |
* | China Merchants Securities Co. Ltd. Class A | 183,687 | 568 |
*,^,1 | China Literature Ltd. | 69,000 | 567 |
* | Alibaba Pictures Group Ltd. | 4,310,000 | 563 |
Hopson Development Holdings Ltd. | 220,000 | 563 | |
Logan Group Co. Ltd. | 358,000 | 562 | |
China Cinda Asset Management Co. Ltd. Class H | 2,974,000 | 558 | |
China Molybdenum Co. Ltd. Class H | 1,527,000 | 556 | |
Sinotruk Hong Kong Ltd. | 215,500 | 551 | |
Huaneng Power International Inc. Class H | 1,474,000 | 551 | |
Guangzhou R&F Properties Co. Ltd. Class H | 433,000 | 551 | |
Jiangxi Copper Co. Ltd. Class H | 461,000 | 551 | |
Zhuzhou CRRC Times Electric Co. Ltd. Class H | 178,309 | 549 | |
GoerTek Inc. Class A | 80,300 | 545 | |
* | HUYA Inc. ADR | 24,136 | 541 |
* | Baozun Inc. ADR | 14,767 | 540 |
1 | Yadea Group Holdings Ltd. | 376,000 | 538 |
*,^ | Hebei Construction Group Corp. Ltd. | 160,500 | 535 |
*,1 | Tongcheng-Elong Holdings Ltd. | 320,000 | 533 |
CRRC Corp. Ltd. Class H | 1,366,800 | 530 | |
Anhui Gujing Distillery Co. Ltd. Class B | 46,400 | 528 | |
Kingboard Laminates Holdings Ltd. | 329,858 | 527 | |
Seazen Group Ltd. | 702,038 | 526 | |
Yangzijiang Shipbuilding Holdings Ltd. | 766,936 | 516 | |
China Communications Services Corp. Ltd. Class H | 886,000 | 516 | |
BOE Technology Group Co. Ltd. Class A | 727,600 | 515 | |
Air China Ltd. Class H | 794,000 | 514 | |
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd. Class A | 14,898 | 512 | |
^,1 | Jinxin Fertility Group Ltd. | 420,000 | 511 |
Focus Media Information Technology Co. Ltd. Class A | 363,700 | 509 | |
CRRC Corp. Ltd. Class A | 631,000 | 509 | |
Chinasoft International Ltd. | 700,000 | 508 | |
China Medical System Holdings Ltd. | 482,000 | 507 |
15 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Shenzhen Kangtai Biological Products Co. Ltd. Class A | 18,607 | 505 | |
*,^,1 | Weimob Inc. | 392,000 | 505 |
* | DouYu International Holdings Ltd. ADR | 32,974 | 504 |
Haitian International Holdings Ltd. | 203,000 | 503 | |
China Lesso Group Holdings Ltd. | 310,000 | 503 | |
Yuexiu Property Co. Ltd. | 2,583,207 | 502 | |
1 | A-Living Services Co. Ltd. Class H | 118,750 | 500 |
1 | Shandong Gold Mining Co. Ltd. Class H | 209,300 | 496 |
Guotai Junan Securities Co. Ltd. Class A | 178,800 | 493 | |
*,1 | CanSino Biologics Inc. Class H | 25,000 | 489 |
Mango Excellent Media Co. Ltd. Class A | 44,026 | 489 | |
Tongwei Co. Ltd. Class A | 105,900 | 488 | |
Shenzhen International Holdings Ltd. | 310,000 | 483 | |
* | Daqo New Energy Corp. ADR | 2,633 | 481 |
China United Network Communications Ltd. Class A | 671,401 | 479 | |
Shenwan Hongyuan Group Co. Ltd. Class A | 629,900 | 475 | |
1 | Dali Foods Group Co. Ltd. | 760,000 | 472 |
Shanghai International Airport Co. Ltd. Class A | 47,541 | 470 | |
*,1 | Hua Hong Semiconductor Ltd. | 127,000 | 468 |
* | Genscript Biotech Corp. | 336,000 | 468 |
Flat Glass Group Co. Ltd. | 155,000 | 463 | |
China Merchants Port Holdings Co. Ltd. | 434,000 | 461 | |
COSCO SHIPPING Ports Ltd. | 784,000 | 459 | |
*,^ | GOME Retail Holdings Ltd. | 4,110,720 | 457 |
China Railway Construction Corp. Ltd. Class H | 672,626 | 456 | |
Yanzhou Coal Mining Co. Ltd. Class H | 616,000 | 448 | |
Will Semiconductor Ltd. Class A | 14,900 | 441 | |
Yunnan Baiyao Group Co. Ltd. Class A | 28,500 | 439 | |
Shanghai Pharmaceuticals Holding Co. Ltd. Class H | 281,900 | 438 | |
China Everbright Ltd. | 330,000 | 437 | |
Bank of Shanghai Co. Ltd. Class A | 372,137 | 437 | |
ZTE Corp. Class A | 89,698 | 433 | |
Hundsun Technologies Inc. Class A | 30,790 | 429 | |
China Construction Bank Corp. Class A | 454,900 | 427 | |
Zhaojin Mining Industry Co. Ltd. Class H | 329,500 | 427 | |
* | 360 DigiTech Inc. ADR | 36,704 | 423 |
GF Securities Co. Ltd. Class A | 182,700 | 421 | |
New Hope Liuhe Co. Ltd. Class A | 104,100 | 418 | |
Wingtech Technology Co. Ltd. Class A | 27,800 | 418 | |
*,1 | Alphamab Oncology | 205,000 | 415 |
Shenzhen Inovance Technology Co. Ltd. Class A | 43,000 | 413 | |
^,1 | CSC Financial Co. Ltd. Class H | 340,000 | 412 |
China Aoyuan Group Ltd. | 437,000 | 411 | |
China State Construction International Holdings Ltd. | 591,750 | 411 | |
* | China Southern Airlines Co. Ltd. Class H | 782,000 | 410 |
AviChina Industry & Technology Co. Ltd. Class H | 782,000 | 403 | |
*,1 | 3SBio Inc. | 432,000 | 403 |
China Pacific Insurance Group Co. Ltd. Class A | 83,500 | 399 | |
Fuyao Glass Industry Group Co. Ltd. Class A | 70,700 | 396 | |
China Grand Pharmaceutical and Healthcare Holdings Ltd. | 486,080 | 396 | |
Hualan Biological Engineering Inc. Class A | 50,375 | 386 | |
China Merchants Shekou Industrial Zone Holdings Co. Ltd. Class A | 181,800 | 383 | |
China Yongda Automobiles Services Holdings Ltd. | 267,000 | 380 | |
^ | Tianneng Power International Ltd. | 232,000 | 378 |
1 | China Huarong Asset Management Co. Ltd. Class H | 3,592,000 | 376 |
Xinjiang Goldwind Science & Technology Co. Ltd. Class H | 284,765 | 375 | |
Eve Energy Co. Ltd. Class A | 47,005 | 375 | |
Baoshan Iron & Steel Co. Ltd. Class A | 464,000 | 371 | |
Glodon Co. Ltd. Class A | 34,700 | 369 | |
Greentown China Holdings Ltd. | 226,879 | 369 | |
Bank of Beijing Co. Ltd. Class A | 521,200 | 364 | |
Huayu Automotive Systems Co. Ltd. Class A | 78,000 | 363 | |
1 | Guotai Junan Securities Co. Ltd. Class H | 277,800 | 362 |
Guangdong Haid Group Co. Ltd. Class A | 39,077 | 360 |
16 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Ever Sunshine Lifestyle Services Group Ltd. | 208,000 | 360 | |
NARI Technology Co. Ltd. Class A | 114,400 | 356 | |
Shenzhen Investment Ltd. | 1,161,953 | 355 | |
Bosideng International Holdings Ltd. | 808,000 | 355 | |
Daqin Railway Co. Ltd. Class A | 369,400 | 354 | |
* | China Shipbuilding Industry Co. Ltd. Class A | 563,300 | 350 |
Hangzhou Tigermed Consulting Co. Ltd. Class A | 18,650 | 346 | |
China Power International Development Ltd. | 1,792,851 | 345 | |
* | OneConnect Financial Technology Co. Ltd. ADR | 17,138 | 345 |
China Petroleum & Chemical Corp. Class A | 591,100 | 345 | |
Huaxia Bank Co. Ltd. Class A | 379,500 | 344 | |
China CITIC Bank Corp. Ltd. Class A | 454,900 | 343 | |
Beijing Capital International Airport Co. Ltd. Class H | 560,000 | 342 | |
Poly Property Services Co. Ltd. | 47,200 | 341 | |
Shoucheng Holdings Ltd. | 947,600 | 340 | |
China National Nuclear Power Co. Ltd. Class A | 513,000 | 340 | |
1 | Luye Pharma Group Ltd. | 585,000 | 339 |
Gemdale Properties & Investment Corp. Ltd. | 2,166,000 | 336 | |
Livzon Pharmaceutical Group Inc. Class H | 75,806 | 336 | |
China Railway Group Ltd. Class A | 417,300 | 335 | |
Sanan Optoelectronics Co. Ltd. Class A | 100,500 | 335 | |
Suning.com Co. Ltd. Class A | 229,700 | 333 | |
Digital China Holdings Ltd. | 449,499 | 331 | |
Lingyi iTech Guangdong Co. Class A | 169,000 | 330 | |
Lao Feng Xiang Co. Ltd. Class B | 110,794 | 329 | |
TCL Technology Group Corp. Class A | 363,800 | 329 | |
Times China Holdings Ltd. | 246,000 | 329 | |
Jiangsu Expressway Co. Ltd. Class H | 328,000 | 328 | |
China Oilfield Services Ltd. Class H | 542,000 | 327 | |
Zhejiang Sanhua Intelligent Controls Co. Ltd. Class A | 89,010 | 326 | |
Greentown Service Group Co. Ltd. | 296,000 | 325 | |
Jiangsu Hengli Hydraulic Co. Ltd. Class A | 28,672 | 325 | |
Beijing Oriental Yuhong Waterproof Technology Co. Ltd. Class A | 58,350 | 324 | |
Zhejiang Expressway Co. Ltd. Class H | 474,000 | 324 | |
* | XD Inc. | 66,600 | 323 |
Sinotrans Ltd. Class H | 1,087,000 | 322 | |
Gigadevice Semiconductor Beijing Inc. Class A | 11,037 | 321 | |
* | Offcn Education Technology Co. Ltd. Class A | 53,900 | 318 |
Powerlong Real Estate Holdings Ltd. | 471,000 | 317 | |
Shanghai Industrial Holdings Ltd. | 236,000 | 315 | |
*,^ | HengTen Networks Group Ltd. | 7,212,000 | 313 |
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd. Class B | 380,411 | 313 | |
NAURA Technology Group Co. Ltd. Class A | 12,200 | 313 | |
China Everbright Bank Co. Ltd. Class H | 899,000 | 312 | |
Iflytek Co. Ltd. Class A | 54,600 | 311 | |
China Overseas Property Holdings Ltd. | 427,493 | 310 | |
China Traditional Chinese Medicine Holdings Co. Ltd. | 772,000 | 308 | |
* | LexinFintech Holdings Ltd. ADR | 37,354 | 308 |
Chongqing Rural Commercial Bank Co. Ltd. Class H | 766,000 | 306 | |
Shenzhen Expressway Co. Ltd. Class H | 342,000 | 305 | |
AECC Aviation Power Co. Ltd. Class A | 55,600 | 304 | |
Zijin Mining Group Co. Ltd. Class A | 288,700 | 304 | |
Great Wall Motor Co. Ltd. Class A | 85,300 | 303 | |
Inner Mongolia Yitai Coal Co. Ltd. Class B | 479,704 | 301 | |
* | Noah Holdings Ltd. ADS | 11,404 | 300 |
China Shenhua Energy Co. Ltd. Class A | 120,000 | 299 | |
Citic Pacific Special Steel Group Co. Ltd. Class A | 122,910 | 297 | |
Zoomlion Heavy Industry Science and Technology Co. Ltd. Class A | 266,700 | 295 | |
Kaisa Group Holdings Ltd. | 633,000 | 295 | |
SSY Group Ltd. | 534,336 | 292 | |
China Railway Construction Corp. Ltd. Class A | 233,200 | 291 | |
Unigroup Guoxin Microelectronics Co. Ltd. Class A | 18,000 | 289 | |
Zoomlion Heavy Industry Science and Technology Co. Ltd. Class H | 324,980 | 287 | |
Tianli Education International Holdings Ltd. | 358,000 | 285 |
17 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Walvax Biotechnology Co. Ltd. Class A | 38,000 | 283 | |
*,^,1 | Koolearn Technology Holding Ltd. | 87,500 | 283 |
Bank of Hangzhou Co. Ltd. Class A | 145,400 | 282 | |
1 | Fu Shou Yuan International Group Ltd. | 272,000 | 280 |
1 | AK Medical Holdings Ltd. | 124,000 | 277 |
*,^,1 | Shanghai Junshi Biosciences Co. Ltd. Class H | 46,000 | 277 |
Yonghui Superstores Co. Ltd. Class A | 236,800 | 277 | |
Shanghai Jinjiang International Hotels Co. Ltd. Class A | 40,900 | 274 | |
* | Shanghai Electric Group Co. Ltd. Class H | 958,000 | 272 |
1 | BAIC Motor Corp. Ltd. Class H | 735,900 | 272 |
Seazen Holdings Co. Ltd. | 55,900 | 272 | |
Guosen Securities Co. Ltd. Class A | 136,055 | 272 | |
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd. Class H | 114,000 | 271 | |
China Overseas Grand Oceans Group Ltd. | 462,500 | 270 | |
* | Topchoice Medical Corp. Class A | 7,995 | 269 |
Yuzhou Group Holdings Co. Ltd. | 691,122 | 268 | |
Ausnutria Dairy Corp. Ltd. | 187,000 | 267 | |
Huaxin Cement Co. Ltd. Class B | 128,100 | 267 | |
Sungrow Power Supply Co. Ltd. Class A | 45,600 | 265 | |
1 | China East Education Holdings Ltd. | 137,500 | 265 |
*,1 | Jiumaojiu International Holdings Ltd. | 120,000 | 265 |
1 | Zhou Hei Ya International Holdings Co. Ltd. | 270,500 | 263 |
Metallurgical Corp. of China Ltd. Class H | 1,618,000 | 261 | |
Chaozhou Three-Circle Group Co. Ltd. Class A | 55,600 | 258 | |
1 | China Resources Pharmaceutical Group Ltd. | 513,000 | 256 |
Ganfeng Lithium Co. Ltd. Class A | 27,900 | 255 | |
Shaanxi Coal Industry Co. Ltd. Class A | 193,300 | 253 | |
* | Maxscend Microelectronics Co. Ltd. Class A | 3,900 | 253 |
Zhejiang Dahua Technology Co. Ltd. Class A | 74,600 | 253 | |
1 | Ganfeng Lithium Co. Ltd. Class H | 43,400 | 252 |
BBMG Corp. Class H | 1,331,000 | 251 | |
AVIC Shenyang Aircraft Co. Ltd. Class A | 32,397 | 251 | |
Xinyi Energy Holdings Ltd. | 484,000 | 250 | |
Lepu Medical Technology Beijing Co. Ltd. Class A | 53,900 | 248 | |
Jafron Biomedical Co. Ltd. Class A | 20,770 | 246 | |
China Education Group Holdings Ltd. | 145,000 | 242 | |
1 | Qingdao Port International Co. Ltd. Class H | 425,000 | 242 |
* | Aluminum Corp. of China Ltd. Class H | 1,105,331 | 241 |
China SCE Group Holdings Ltd. | 560,000 | 241 | |
COFCO Joycome Foods Ltd. | 734,000 | 239 | |
* | GCL-Poly Energy Holdings Ltd. | 5,199,800 | 239 |
Tianjin Zhonghuan Semiconductor Co. Ltd. Class A | 68,361 | 238 | |
Tsingtao Brewery Co. Ltd. Class A | 20,100 | 238 | |
Bank of Nanjing Co. Ltd. Class A | 208,400 | 238 | |
Lens Technology Co. Ltd. Class A | 47,300 | 237 | |
COSCO SHIPPING Energy Transportation Co. Ltd. Class H | 600,000 | 237 | |
Yunnan Energy New Material Co. Ltd. Class A | 15,800 | 236 | |
SDIC Power Holdings Co. Ltd. Class A | 169,500 | 234 | |
Jiayuan International Group Ltd. | 548,000 | 234 | |
* | Zhejiang Century Huatong Group Co. Ltd. Class A | 182,300 | 233 |
Orient Securities Co. Ltd. Class A | 143,800 | 231 | |
1 | Legend Holdings Corp. Class H | 171,200 | 230 |
Zhejiang NHU Co. Ltd. Class A | 52,900 | 230 | |
China Jushi Co. Ltd. Class A | 110,000 | 230 | |
Anhui Gujing Distillery Co. Ltd. Class A | 7,300 | 229 | |
Hengli Petrochemical Co. Ltd. Class A | 77,500 | 224 | |
* | Aluminum Corp. of China Ltd. Class A | 520,700 | 224 |
China Greatwall Technology Group Co. Ltd. Class A | 98,400 | 223 | |
Gemdale Corp. Class A | 111,700 | 223 | |
Lomon Billions Group Co. Ltd. Class A | 60,100 | 223 | |
Hongfa Technology Co. Ltd. Class A | 28,700 | 221 | |
*,1 | China Logistics Property Holdings Co. Ltd. | 422,000 | 221 |
Tianshui Huatian Technology Co. Ltd. Class A | 102,400 | 220 | |
1 | China Yuhua Education Corp. Ltd. | 278,000 | 220 |
18 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Chongqing Changan Automobile Co. Ltd. Class B | 320,062 | 220 |
Zhejiang Huahai Pharmaceutical Co. Ltd. Class A | 43,340 | 219 | |
AVIC Aircraft Co. Ltd. Class A | 60,300 | 218 | |
Beijing New Building Materials plc Class A | 42,100 | 218 | |
Shougang Fushan Resources Group Ltd. | 925,524 | 217 | |
Wuhu Sanqi Interactive Entertainment Network Technology Group Co. Ltd. Class A | 48,800 | 216 | |
* | Kuang-Chi Technologies Co. Ltd. Class A | 72,100 | 214 |
China Water Affairs Group Ltd. | 296,000 | 212 | |
China Reinsurance Group Corp. Class H | 2,218,000 | 212 | |
Shanghai Lingang Holdings Corp. Ltd. Class A | 62,600 | 212 | |
PAX Global Technology Ltd. | 362,000 | 210 | |
Wuxi Lead Intelligent Equipment Co. Ltd. Class A | 23,400 | 210 | |
China Coal Energy Co. Ltd. Class H | 859,000 | 210 | |
^ | Datang International Power Generation Co. Ltd. Class H | 1,658,000 | 210 |
* | Haitong Securities Co. Ltd. Class A | 99,500 | 209 |
* | Meinian Onehealth Healthcare Holdings Co. Ltd. Class A | 81,640 | 208 |
SG Micro Corp. Class A | 5,100 | 207 | |
1 | Sinopec Engineering Group Co. Ltd. Class H | 532,135 | 207 |
TCL Electronics Holdings Ltd. | 304,333 | 207 | |
^ | China International Marine Containers Group Co. Ltd. Class H | 150,600 | 205 |
Sinopec Shanghai Petrochemical Co. Ltd. Class H | 1,102,000 | 204 | |
Wuhan Guide Infrared Co. Ltd. Class A | 40,120 | 203 | |
Hisense Home Appliances Group Co. Ltd. | 141,000 | 203 | |
Yuexiu REIT | 438,940 | 203 | |
Shengyi Technology Co. Ltd. Class A | 56,300 | 202 | |
Hithink RoyalFlush Information Network Co. Ltd. Class A | 9,953 | 201 | |
* | Chongqing Changan Automobile Co. Ltd. Class A | 81,200 | 201 |
E-House China Enterprise Holdings Ltd. | 195,900 | 201 | |
CSC Financial Co. Ltd. Class A | 31,100 | 200 | |
Hollysys Automation Technologies Ltd. | 17,800 | 199 | |
* | Founder Securities Co. Ltd. Class A | 143,000 | 199 |
* | ZTO Express Cayman Inc. | 6,709 | 198 |
Shenzhen Overseas Chinese Town Co. Ltd. Class A | 201,900 | 198 | |
Liaoning Cheng Da Co. Ltd. Class A | 58,600 | 198 | |
^ | China Eastern Airlines Corp. Ltd. Class H | 496,000 | 198 |
*,^,1 | Viva Biotech Holdings | 206,500 | 197 |
Centre Testing International Group Co. Ltd. Class A | 48,800 | 197 | |
Yifeng Pharmacy Chain Co. Ltd. Class A | 12,900 | 196 | |
Sany Heavy Equipment International Holdings Co. Ltd. | 356,000 | 196 | |
Everbright Securities Co. Ltd. Class A | 72,700 | 196 | |
* | Sohu.com Ltd. ADR | 10,354 | 195 |
1 | Orient Securities Co. Ltd. Class H | 296,000 | 195 |
* | So-Young International Inc. ADR | 16,711 | 195 |
China Dongxiang Group Co. Ltd. | 1,565,000 | 194 | |
Fanhua Inc. ADR | 12,865 | 193 | |
Shenzhen SC New Energy Technology Corp. Class A | 12,900 | 193 | |
Shanghai Pharmaceuticals Holding Co. Ltd. Class A | 64,600 | 193 | |
Health & Happiness H&H International Holdings Ltd. | 48,236 | 192 | |
China Fortune Land Development Co. Ltd. Class A | 91,087 | 192 | |
Jonjee Hi-Tech Industrial And Commercial Holding Co. Ltd. Class A | 20,400 | 192 | |
* | JA Solar Technology Co. Ltd. Class A | 33,400 | 192 |
Thunder Software Technology Co. Ltd. Class A | 14,800 | 190 | |
Industrial Securities Co. Ltd. Class A | 163,500 | 190 | |
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd. Class A | 41,400 | 189 | |
*,§ | KWG Living Group Holdings Ltd | 240,750 | 189 |
BOE Technology Group Co. Ltd. Class B | 512,200 | 189 | |
* | Bluedon Information Security Technology Co. Ltd. Class A | 153,800 | 188 |
Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd. Class A | 176,900 | 187 | |
China Oilfield Services Ltd. Class A | 114,525 | 186 | |
* | Beijing-Shanghai High Speed Railway Co. Ltd. Class A | 222,700 | 186 |
* | Bitauto Holdings Ltd. ADR | 11,600 | 185 |
Asymchem Laboratories Tianjin Co. Ltd. Class A | 4,500 | 185 | |
Shandong Gold Mining Co. Ltd. Class A | 51,577 | 185 | |
Hang Zhou Great Star Industrial Co. Ltd. Class A | 47,000 | 183 |
19 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
NanJi E-Commerce Co. Ltd. Class A | 66,500 | 183 | |
Greatview Aseptic Packaging Co. Ltd. | 426,000 | 183 | |
* | Skyworth Group Ltd. | 695,340 | 182 |
* | BEST Inc. ADR | 70,614 | 181 |
1 | China Railway Signal & Communication Corp. Ltd. Class H | 548,500 | 181 |
Perfect World Co. Ltd. Class A | 42,950 | 180 | |
1 | Hope Education Group Co. Ltd. | 764,000 | 180 |
Huadong Medicine Co. Ltd. Class A | 43,130 | 180 | |
Yealink Network Technology Corp. Ltd. Class A | 19,930 | 180 | |
Shandong Hualu Hengsheng Chemical Co. Ltd. Class A | 42,300 | 179 | |
Chongqing Brewery Co. Ltd. Class A | 11,100 | 177 | |
Sino-Ocean Group Holding Ltd. | 922,500 | 176 | |
* | Ecovacs Robotics Co. Ltd. Class A | 18,800 | 176 |
Weihai Guangwei Composites Co. Ltd. Class A | 17,640 | 174 | |
Infore Environment Technology Group Co. Ltd. Class A | 143,200 | 174 | |
Times Neighborhood Holdings Ltd. | 170,615 | 173 | |
Sichuan Kelun Pharmaceutical Co. Ltd. Class A | 49,500 | 173 | |
Sunwoda Electronic Co. Ltd. Class A | 41,100 | 172 | |
* | Shanghai Electric Group Co. Ltd. Class A | 232,100 | 171 |
Zhongyu Gas Holdings Ltd. | 196,000 | 171 | |
China Oriental Group Co. Ltd. | 754,000 | 171 | |
* | CSSC Offshore and Marine Engineering Group Co. Ltd. Class H | 174,000 | 171 |
G-bits Network Technology Xiamen Co. Ltd. Class A | 2,400 | 169 | |
Intco Medical Technology Co. Ltd. Class A | 9,750 | 169 | |
Beijing Tiantan Biological Products Corp. Ltd. Class A | 32,739 | 169 | |
Inspur Electronic Information Industry Co. Ltd. Class A | 36,912 | 169 | |
Shenzhen Sunway Communication Co. Ltd. Class A | 23,700 | 168 | |
Shanghai Shibei Hi-Tech Co. Ltd. Class B | 463,476 | 168 | |
China Merchants Energy Shipping Co. Ltd. Class A | 193,800 | 168 | |
* | SOHO China Ltd. | 625,500 | 168 |
Hangzhou Robam Appliances Co. Ltd. Class A | 30,600 | 168 | |
^ | Comba Telecom Systems Holdings Ltd. | 522,039 | 167 |
Guangzhou Tinci Materials Technology Co. Ltd. Class A | 17,900 | 167 | |
Angang Steel Co. Ltd. Class H | 566,800 | 166 | |
Leyard Optoelectronic Co. Ltd. Class A | 155,500 | 166 | |
Bank of Chongqing Co. Ltd. Class H | 295,500 | 166 | |
Suzhou Gold Mantis Construction Decoration Co. Ltd. Class A | 112,000 | 165 | |
Shanghai Yuyuan Tourist Mart Group Co. Ltd. Class A | 127,300 | 165 | |
Dongxing Securities Co. Ltd. Class A | 89,900 | 164 | |
*,1 | Venus MedTech Hangzhou Inc. | 17,000 | 164 |
Poly Property Group Co. Ltd. | 567,000 | 164 | |
NetDragon Websoft Holdings Ltd. | 76,000 | 163 | |
Fantasia Holdings Group Co. Ltd. | 861,000 | 163 | |
Changzhou Xingyu Automotive Lighting Systems Co. Ltd. Class A | 6,700 | 163 | |
Pharmaron Beijing Co. Ltd. Class A | 9,442 | 162 | |
Beijing Shunxin Agriculture Co. Ltd. Class A | 19,699 | 162 | |
* | Lifetech Scientific Corp. | 633,998 | 162 |
*,1 | Yixin Group Ltd. | 645,500 | 161 |
Songcheng Performance Development Co. Ltd. Class A | 64,640 | 161 | |
Guangzhou Automobile Group Co. Ltd. Class A | 79,800 | 160 | |
Angel Yeast Co. Ltd. Class A | 20,300 | 160 | |
Foxconn Industrial Internet Co. Ltd. Class A | 77,900 | 159 | |
Q Technology Group Co. Ltd. | 144,000 | 159 | |
SooChow Securities Co. Ltd. Class A | 108,160 | 158 | |
*,^,1 | CStone Pharmaceuticals | 107,500 | 158 |
Greenland Holdings Corp. Ltd. Class A | 170,300 | 158 | |
Jiangsu Zhongnan Construction Group Co. Ltd. Class A | 116,700 | 158 | |
JiuGui Liquor Co. Ltd. Class A | 10,500 | 157 | |
Zhejiang Longsheng Group Co. Ltd. Class A | 79,000 | 157 | |
Weifu High-Technology Group Co. Ltd. Class A | 40,800 | 157 | |
Sealand Securities Co. Ltd. Class A | 201,370 | 157 | |
CSG Holding Co. Ltd. Class B | 516,606 | 156 | |
* | China Kepei Education Group Ltd. | 226,000 | 156 |
SDIC Capital Co. Ltd. Class A | 74,300 | 155 |
20 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Hangzhou First Applied Material Co. Ltd. Class A | 13,640 | 155 | |
Joyoung Co. Ltd. Class A | 29,337 | 155 | |
* | Guanghui Energy Co. Ltd. Class A | 359,000 | 155 |
Shanghai RAAS Blood Products Co. Ltd. Class A | 121,000 | 154 | |
* | Bengang Steel Plates Co. Ltd. Class B | 852,995 | 154 |
China Merchants Property Operation & Service Co. Ltd. Class A | 40,430 | 154 | |
Zhejiang Chint Electrics Co. Ltd. Class A | 35,100 | 154 | |
GRG Banking Equipment Co. Ltd. Class A | 88,897 | 154 | |
Ningbo Joyson Electronic Corp. Class A | 42,800 | 153 | |
C&D International Investment Group Ltd. | 94,000 | 153 | |
First Capital Securities Co. Ltd. Class A | 102,900 | 153 | |
Ovctek China Inc. Class A | 14,999 | 153 | |
Zhenro Properties Group Ltd. | 265,000 | 153 | |
Changjiang Securities Co. Ltd. Class A | 135,520 | 153 | |
* | Jointown Pharmaceutical Group Co. Ltd. Class A | 56,200 | 153 |
Fufeng Group Ltd. | 481,000 | 152 | |
Tianma Microelectronics Co. Ltd. Class A | 71,200 | 152 | |
Tong Ren Tang Technologies Co. Ltd. Class H | 259,000 | 152 | |
Guangzhou Kingmed Diagnostics Group Co. Ltd. Class A | 9,600 | 151 | |
Accelink Technologies Co. Ltd. Class A | 32,000 | 150 | |
Red Avenue New Materials Group Co. Ltd. Class A | 25,900 | 150 | |
Northeast Securities Co. Ltd. Class A | 107,500 | 150 | |
Lonking Holdings Ltd. | 563,000 | 150 | |
China Eastern Airlines Corp. Ltd. Class A | 218,100 | 150 | |
Yanlord Land Group Ltd. | 194,600 | 150 | |
* | Datong Coal Industry Co. Ltd. Class A | 212,700 | 149 |
Suzhou Dongshan Precision Manufacturing Co. Ltd. Class A | 39,350 | 149 | |
Zhejiang Dingli Machinery Co. Ltd. Class A | 10,934 | 149 | |
Dawning Information Industry Co. Ltd. Class A | 27,720 | 148 | |
Addsino Co. Ltd. Class A | 49,300 | 148 | |
* | China CSSC Holdings Ltd. Class A | 55,600 | 148 |
Shandong Sinocera Functional Material Co. Ltd. Class A | 24,100 | 148 | |
Yantai Changyu Pioneer Wine Co. Ltd. Class B | 82,633 | 148 | |
* | Yunnan Copper Co. Ltd. Class A | 79,300 | 147 |
* | Fangda Carbon New Material Co. Ltd. Class A | 156,135 | 147 |
China Communications Construction Co. Ltd. Class A | 132,400 | 147 | |
Beijing Shiji Information Technology Co. Ltd. Class A | 26,400 | 146 | |
Zhuzhou Hongda Electronics Corp. Ltd. Class A | 20,300 | 146 | |
BTG Hotels Group Co. Ltd. Class A | 56,100 | 145 | |
Winning Health Technology Group Co. Ltd. Class A | 54,600 | 145 | |
Shenzhen Goodix Technology Co. Ltd. Class A | 5,642 | 145 | |
Shanghai Jinqiao Export Processing Zone Development Co. Ltd. Class B | 148,714 | 145 | |
*,^,1 | Ascentage Pharma Group International | 41,100 | 145 |
Heilongjiang Agriculture Co. Ltd. Class A | 55,600 | 145 | |
Kingfa Sci & Tech Co. Ltd. Class A | 62,900 | 144 | |
Shandong Chenming Paper Holdings Ltd. Class H | 360,750 | 144 | |
1 | China New Higher Education Group Ltd. | 275,000 | 143 |
^ | China Maple Leaf Educational Systems Ltd. | 528,000 | 143 |
1 | Midea Real Estate Holding Ltd. | 63,400 | 143 |
Weichai Power Co. Ltd. Class A | 63,300 | 143 | |
Hengtong Optic-electric Co. Ltd. Class A | 65,300 | 143 | |
Beijing Sanju Environmental Protection and New Material Co. Ltd. Class A | 130,500 | 143 | |
Jinchuan Group International Resources Co. Ltd. | 1,512,000 | 143 | |
CGN Power Co. Ltd. Class A | 349,900 | 143 | |
Humanwell Healthcare Group Co. Ltd. Class A | 29,000 | 143 | |
By-health Co. Ltd. Class A | 36,600 | 142 | |
1 | Genertec Universal Medical Group Co. Ltd. | 202,500 | 141 |
Autobio Diagnostics Co. Ltd. Class A | 5,400 | 141 | |
Xtep International Holdings Ltd. | 414,000 | 140 | |
* | Tianqi Lithium Corp. Class A | 46,810 | 139 |
Shenzhen Kaifa Technology Co. Ltd. Class A | 43,700 | 139 | |
Xinhu Zhongbao Co. Ltd. Class A | 289,600 | 139 | |
OFILM Group Co. Ltd. Class A | 59,800 | 138 | |
Unilumin Group Co. Ltd. Class A | 94,700 | 138 |
21 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Beijing Chunlizhengda Medical Instruments Co. Ltd. | 33,250 | 138 |
Tonghua Dongbao Pharmaceutical Co. Ltd. Class A | 64,200 | 138 | |
Jiangsu Yuyue Medical Equipment & Supply Co. Ltd. Class A | 29,600 | 137 | |
YTO Express Group Co. Ltd. Class A | 65,400 | 137 | |
* | Beijing BDStar Navigation Co. Ltd. Class A | 15,400 | 136 |
* | Beijing Easpring Material Technology Co. Ltd. Class A | 17,900 | 136 |
Zhengzhou Yutong Bus Co. Ltd. Class A | 56,700 | 136 | |
China Suntien Green Energy Corp. Ltd. Class H | 581,000 | 135 | |
Tianfeng Securities Co. Ltd. Class A | 154,294 | 135 | |
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd. Class A | 31,200 | 135 | |
Jiangsu King's Luck Brewery JSC Ltd. Class A | 17,327 | 134 | |
* | Sogou Inc. ADR | 15,000 | 133 |
Central China Real Estate Ltd. | 248,000 | 133 | |
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd. Class A | 32,887 | 133 | |
China Lilang Ltd. | 210,000 | 133 | |
Shenzhen World Union Group Inc. Class A | 165,500 | 133 | |
Guangdong Xinbao Electrical Appliances Holdings Co. Ltd. Class A | 19,900 | 132 | |
ORG Technology Co. Ltd. Class A | 156,400 | 132 | |
Tongkun Group Co. Ltd. Class A | 58,000 | 131 | |
Chongqing Fuling Zhacai Group Co. Ltd. Class A | 21,000 | 131 | |
Goldcard Smart Group Co. Ltd. | 57,400 | 131 | |
Youngor Group Co. Ltd. Class A | 122,100 | 130 | |
Bank of Changsha Co. Ltd. Class A | 96,300 | 130 | |
China Fangda Group Co. Ltd. Class B | 310,000 | 129 | |
Zhejiang Weixing New Building Materials Co. Ltd. Class A | 46,100 | 129 | |
* | Siasun Robot & Automation Co. Ltd. Class A | 64,400 | 129 |
Jiangxi Zhengbang Technology Co. Ltd. Class A | 50,300 | 129 | |
China Spacesat Co. Ltd. Class A | 27,400 | 129 | |
Beijing Enlight Media Co. Ltd. Class A | 70,600 | 128 | |
Hebei Hengshui Laobaigan Liquor Co. Ltd. Class A | 67,400 | 128 | |
Jiangsu Expressway Co. Ltd. Class A | 93,500 | 128 | |
Sangfor Technologies Inc. Class A | 4,500 | 128 | |
Sihuan Pharmaceutical Holdings Group Ltd. | 1,108,000 | 128 | |
Hefei Meiya Optoelectronic Technology Inc. Class A | 20,200 | 128 | |
Qingdao TGOOD Electric Co. Ltd. Class A | 39,200 | 127 | |
Rongsheng Petro Chemical Co. Ltd. Class A | 44,600 | 127 | |
Huadian Power International Corp. Ltd. Class H | 510,000 | 127 | |
Xiamen Meiya Pico Information Co. Ltd. Class A | 37,200 | 126 | |
Spring Airlines Co. Ltd. Class A | 19,800 | 126 | |
Sailun Group Co. Ltd. Class A | 169,400 | 125 | |
Guangdong Hongda Blasting Co. Ltd. Class A | 17,500 | 125 | |
Da An Gene Co. Ltd. of Sun Yat-Sen University Class A | 22,100 | 125 | |
Shanghai Bairun Investment Holding Group Co. Ltd. Class A | 12,500 | 125 | |
* | Shenzhen Infogem Technologies Co. Ltd. Class A | 36,900 | 125 |
Ningbo Tuopu Group Co. Ltd. Class A | 21,800 | 124 | |
Ronshine China Holdings Ltd. | 182,500 | 124 | |
Dongyue Group Ltd. | 326,000 | 124 | |
Huizhou Desay Sv Automotive Co. Ltd. Class A | 12,200 | 124 | |
Skyfame Realty Holdings Ltd. | 942,000 | 124 | |
AVIC Jonhon Optronic Technology Co. Ltd. Class A | 14,900 | 123 | |
Anhui Anke Biotechnology Group Co. Ltd. Class A | 47,500 | 123 | |
Shandong Nanshan Aluminum Co. Ltd. Class A | 350,000 | 123 | |
AVICOPTER plc Class A | 16,400 | 123 | |
AVIC Electromechanical Systems Co. Ltd. Class A | 77,600 | 123 | |
Jiangsu Zhongtian Technology Co. Ltd. Class A | 74,300 | 123 | |
^,1 | Everbright Securities Co. Ltd. Class H | 150,600 | 122 |
* | Gotion High-tech Co. Ltd. Class A | 31,000 | 122 |
Shandong Sun Paper Industry JSC Ltd. Class A | 58,800 | 122 | |
Xiamen Kingdomway Group Co. Class A | 21,600 | 122 | |
Guangzhou Restaurant Group Co. Ltd. Class A | 22,100 | 122 | |
China National Software & Service Co. Ltd. Class A | 11,600 | 122 | |
Guangxi Wuzhou Communications Co. Ltd. Class A | 230,200 | 121 | |
Sinocare Inc. | 19,800 | 121 | |
*,§ | SMI Holdings Group Ltd. | 402,400 | 121 |
22 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Anhui Zhongding Sealing Parts Co. Ltd. Class A | 73,500 | 121 | |
Zhongliang Holdings Group Co. Ltd. | 179,500 | 121 | |
Jason Furniture Hangzhou Co. Ltd. Class A | 11,300 | 121 | |
Juneyao Airlines Co. Ltd. Class A | 75,400 | 121 | |
* | Zhejiang Jinke Culture Industry Co. Ltd. Class A | 190,700 | 120 |
^ | China Tian Lun Gas Holdings Ltd. | 142,500 | 120 |
Sichuan Swellfun Co. Ltd. Class A | 12,100 | 120 | |
1 | Impro Precision Industries Ltd. | 411,000 | 120 |
Shandong Humon Smelting Co. Ltd. Class A | 57,400 | 119 | |
Xiamen Faratronic Co. Ltd. Class A | 8,900 | 119 | |
DHC Software Co. Ltd. Class A | 87,269 | 119 | |
China National Medicines Corp. Ltd. Class A | 18,600 | 119 | |
Shenzhen Woer Heat-Shrinkable Material Co. Ltd. Class A | 151,900 | 119 | |
Tiangong International Co. Ltd. | 354,000 | 119 | |
Shanghai Rongtai Health Technology Corp. Ltd. Class A | 24,700 | 119 | |
* | Zhejiang Huayou Cobalt Co. Ltd. Class A | 19,900 | 119 |
Shanghai Zhangjiang High-Tech Park Development Co. Ltd. Class A | 41,800 | 118 | |
Shandong Linglong Tyre Co. Ltd. Class A | 26,400 | 118 | |
*,^ | Zhuguang Holdings Group Co. Ltd. | 762,000 | 118 |
Dongjiang Environmental Co. Ltd. Class A | 86,300 | 118 | |
Sanquan Food Co. Ltd. Class A | 25,600 | 118 | |
*,^ | Shanghai Fudan Microelectronics Group Co. Ltd. Class H | 78,000 | 118 |
Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd. Class A | 13,000 | 118 | |
Dong-E-E-Jiao Co. Ltd. Class A | 20,500 | 117 | |
Beijing Jingneng Clean Energy Co. Ltd. Class H | 414,000 | 117 | |
Sinoma Science & Technology Co. Ltd. Class A | 40,800 | 117 | |
Southwest Securities Co. Ltd. Class A | 155,100 | 117 | |
Shanghai Putailai New Energy Technology Co. Ltd. Class A | 7,000 | 117 | |
China Gezhouba Group Co. Ltd. Class A | 112,300 | 117 | |
Grandblue Environment Co. Ltd. Class A | 31,200 | 117 | |
Nanjing King-Friend Biochemical Pharmaceutical Co. Ltd. Class A | 19,890 | 117 | |
Guangdong Tapai Group Co. Ltd. Class A | 59,300 | 117 | |
Proya Cosmetics Co. Ltd. Class A | 4,500 | 116 | |
* | Wanda Film Holding Co. Ltd. Class A | 50,500 | 116 |
Wangfujing Group Co. Ltd. Class A | 19,200 | 116 | |
NavInfo Co. Ltd. Class A | 54,100 | 115 | |
Guangzhou Wondfo Biotech Co. Ltd. Class A | 10,100 | 115 | |
Zhejiang Satellite Petrochemical Co. Ltd. Class A | 34,600 | 115 | |
Yuexiu Transport Infrastructure Ltd. | 206,000 | 115 | |
Oriental Pearl Group Co. Ltd. Class A | 83,500 | 115 | |
* | Shandong Pharmaceutical Glass Co. Ltd. Class A | 17,000 | 115 |
1 | YiChang HEC ChangJiang Pharmaceutical Co. Ltd. Class H | 92,800 | 115 |
^ | Colour Life Services Group Co. Ltd. | 235,000 | 114 |
Yantai Eddie Precision Machinery Co. Ltd. Class A | 14,900 | 114 | |
China Foods Ltd. | 332,000 | 114 | |
Zhejiang JIULI Hi-tech Metals Co. Ltd. Class A | 74,300 | 114 | |
Beijing Originwater Technology Co. Ltd. Class A | 97,800 | 114 | |
Chengtun Mining Group Co. Ltd. Class A | 133,600 | 113 | |
* | Guizhou Xinbang Pharmaceutical Co. Ltd. Class A | 117,100 | 112 |
Maanshan Iron & Steel Co. Ltd. Class A | 290,000 | 112 | |
Shanghai Weaver Network Co. Ltd. Class A | 8,100 | 112 | |
* | Zhongtian Financial Group Co. Ltd. Class A | 245,300 | 112 |
Guoyuan Securities Co. Ltd. Class A | 88,920 | 111 | |
* | COSCO SHIPPING Holdings Co. Ltd. Class A | 113,800 | 111 |
Sinopec Kantons Holdings Ltd. | 308,000 | 111 | |
* | China Southern Airlines Co. Ltd. Class A | 135,000 | 111 |
Unisplendour Corp. Ltd. Class A | 33,740 | 111 | |
Skshu Paint Co. Ltd. Class A | 5,000 | 111 | |
GEM Co. Ltd. Class A | 153,900 | 111 | |
TBEA Co. Ltd. Class A | 90,000 | 111 | |
^ | China Tobacco International HK Co. Ltd. | 58,000 | 110 |
Huaneng Power International Inc. Class A | 150,400 | 110 | |
Laobaixing Pharmacy Chain JSC Class A | 10,220 | 109 | |
Dongfang Electric Corp. Ltd. Class H | 156,600 | 109 |
23 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
1 | Shanghai Haohai Biological Technology Co. Ltd. Class H | 17,700 | 109 |
Shandong Himile Mechanical Science & Technology Co. Ltd. Class A | 29,600 | 109 | |
China Resources Medical Holdings Co. Ltd. | 182,090 | 108 | |
Joincare Pharmaceutical Group Industry Co. Ltd. Class A | 48,000 | 108 | |
Zhongji Innolight Co. Ltd. Class A | 15,300 | 108 | |
* | Kunshan Kersen Science & Technology Co. Ltd. Class A | 45,000 | 108 |
Beijing Capital Land Ltd. Class H | 627,000 | 108 | |
^,1 | Shenwan Hongyuan Group Co. Ltd. Class H | 424,000 | 108 |
* | ChemPartner PharmaTech Co. Ltd. Class A | 36,000 | 107 |
Hunan Valin Steel Co. Ltd. Class A | 141,000 | 107 | |
Wuhan Raycus Fiber Laser Technologies Co. Ltd. Class A | 9,568 | 107 | |
China Zheshang Bank Co. Ltd. Class A | 179,900 | 107 | |
Apeloa Pharmaceutical Co. Ltd. Class A | 35,000 | 107 | |
Changchun Faway Automobile Components Co. Ltd. Class A | 60,710 | 107 | |
*,1 | Maoyan Entertainment | 75,600 | 107 |
Xinjiang Tianshan Cement Co. Ltd. Class A | 47,800 | 106 | |
Ningbo Yunsheng Co. Ltd. Class A | 114,800 | 106 | |
1 | Red Star Macalline Group Corp. Ltd. Class H | 176,455 | 106 |
Holitech Technology Co. Ltd. Class A | 160,300 | 106 | |
LVGEM China Real Estate Investment Co. Ltd. | 332,000 | 106 | |
Aisino Corp. Class A | 45,700 | 106 | |
Sichuan Expressway Co. Ltd. Class A | 215,200 | 106 | |
Shenzhen Salubris Pharmaceuticals Co. Ltd. Class A | 23,000 | 106 | |
Jiangsu Yangnong Chemical Co. Ltd. Class A | 7,600 | 106 | |
1 | Redco Properties Group Ltd. | 238,000 | 105 |
Guangdong Baolihua New Energy Stock Co. Ltd. Class A | 92,800 | 105 | |
China South Publishing & Media Group Co. Ltd. Class A | 66,900 | 105 | |
Beijing GeoEnviron Engineering & Technology Inc. Class A | 49,300 | 105 | |
* | Wuhan P&S Information Technology Co. Ltd. Class A | 112,800 | 105 |
Chongqing Zongshen Power Machinery Co. Ltd. Class A | 88,400 | 105 | |
* | Myhome Real Estate Development Group Co. Ltd. Class A | 189,900 | 105 |
Beijing Kunlun Tech Co. Ltd. Class A | 28,400 | 104 | |
NetEase Inc. | 5,946 | 104 | |
Xiamen Xiangyu Co. Ltd. Class A | 116,103 | 104 | |
Inner Mongolia First Machinery Group Co. Ltd. Class A | 64,000 | 104 | |
* | Yuan Longping High-tech Agriculture Co. Ltd. Class A | 41,400 | 104 |
*,§ | China Huiyuan Juice Group Ltd. | 398,000 | 104 |
Greattown Holdings Ltd. Class A | 131,500 | 103 | |
Yango Group Co. Ltd. Class A | 100,500 | 103 | |
* | Yunnan Aluminium Co. Ltd. Class A | 125,400 | 103 |
* | FAW Jiefang Group Co. Ltd. Class A | 55,600 | 103 |
Fujian Sunner Development Co. Ltd. Class A | 31,200 | 103 | |
Yifan Pharmaceutical Co. Ltd. Class A | 30,300 | 103 | |
Hengdian Group DMEGC Magnetics Co. Ltd. Class A | 48,800 | 103 | |
Shanghai Jahwa United Co. Ltd. Class A | 16,600 | 102 | |
Hangzhou Steam Turbine Co. Ltd. Class B | 87,657 | 102 | |
Wuchan Zhongda Group Co. Ltd. Class A | 154,600 | 102 | |
STO Express Co. Ltd. Class A | 48,400 | 102 | |
*,1 | Meitu Inc. | 578,500 | 102 |
Shenzhen Everwin Precision Technology Co. Ltd. Class A | 28,400 | 102 | |
China CYTS Tours Holding Co. Ltd. Class A | 69,100 | 102 | |
* | Inner Mongolia BaoTou Steel Union Co. Ltd. Class A | 597,600 | 102 |
China National Chemical Engineering Co. Ltd. Class A | 128,200 | 102 | |
Shenzhen Tagen Group Co. Ltd. Class A | 99,100 | 101 | |
Yanzhou Coal Mining Co. Ltd. Class A | 75,000 | 101 | |
CECEP Wind-Power Corp. Class A | 248,900 | 101 | |
Shanxi Xishan Coal & Electricity Power Co. Ltd. Class A | 145,470 | 101 | |
* | Shenzhen MTC Co. Ltd. Class A | 111,700 | 101 |
Guangzhou Shangpin Home Collection Co. Ltd. Class A | 10,800 | 101 | |
* | Wonders Information Co. Ltd. Class A | 30,800 | 100 |
* | Shandong Airlines Co. Ltd. Class B | 135,900 | 100 |
Hengyi Petrochemical Co. Ltd. Class A | 58,000 | 100 | |
Chongqing Rural Commercial Bank Co. Ltd. Class A | 149,400 | 100 | |
Hubei Xingfa Chemicals Group Co. Ltd. Class A | 59,300 | 100 |
24 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Chacha Food Co. Ltd. Class A | 11,200 | 100 | |
Beijing Dabeinong Technology Group Co. Ltd. Class A | 80,000 | 99 | |
Shanghai Bailian Group Co. Ltd. Class B | 106,800 | 99 | |
Avic Capital Co. Ltd. Class A | 151,600 | 99 | |
CNNC Hua Yuan Titanium Dioxide Co. Ltd. Class A | 119,200 | 99 | |
* | Nanyang Topsec Technologies Group Inc. Class A | 31,400 | 99 |
Henan Shenhuo Coal & Power Co. Ltd. Class A | 129,600 | 99 | |
Shanxi Securities Co. Ltd. Class A | 87,770 | 99 | |
Shenzhen Sunlord Electronics Co. Ltd. Class A | 25,500 | 98 | |
Xinjiang Goldwind Science & Technology Co. Ltd. Class A | 56,800 | 98 | |
Shaanxi International Trust Co. Ltd. Class A | 185,400 | 98 | |
Yantai Jereh Oilfield Services Group Co. Ltd. Class A | 24,500 | 98 | |
Pingdingshan Tianan Coal Mining Co. Ltd. Class A | 125,900 | 98 | |
C&S Paper Co. Ltd. Class A | 32,400 | 98 | |
* | Jiangsu Jiejie Microelectronics Co. Ltd. Class A | 16,300 | 98 |
Foshan Nationstar Optoelectronics Co. Ltd. Class A | 65,400 | 98 | |
Avary Holding Shenzhen Co. Ltd. Class A | 13,300 | 98 | |
Hebei Chengde Lolo Co. Class A | 95,040 | 98 | |
Zhejiang Huafeng Spandex Co. Ltd. Class A | 81,100 | 97 | |
Nanjing Hanrui Cobalt Co. Ltd. Class A | 10,200 | 97 | |
Huolinhe Opencut Coal Industry Corp. Ltd. of Inner Mongolia Class A | 67,100 | 97 | |
Eoptolink Technology Inc. Ltd. Class A | 10,900 | 97 | |
Shanxi Coking Co. Ltd. Class A | 128,700 | 97 | |
Ningxia Baofeng Energy Group Co. Ltd. Class A | 63,700 | 97 | |
Shanghai Fosun Pharmaceutical Group Co. Ltd. Class A | 11,900 | 97 | |
Hisense Home Appliances Group Co. Ltd. Class A | 44,200 | 97 | |
CNHTC Jinan Truck Co. Ltd. Class A | 18,500 | 97 | |
Maccura Biotechnology Co. Ltd. Class A | 12,500 | 97 | |
Aerospace CH UAV Co. Ltd. | 27,300 | 97 | |
Shanghai Zhenhua Heavy Industries Co. Ltd. Class B | 403,700 | 97 | |
* | Zhefu Holding Group Co. Ltd. Class A | 130,600 | 96 |
Wuhu Token Science Co. Ltd. Class A | 64,400 | 96 | |
* | Hytera Communications Corp. Ltd. Class A | 90,200 | 96 |
Guangzhou Haige Communications Group Inc. Co. Class A | 57,400 | 96 | |
Beijing E-Hualu Information Technology Co. Ltd. Class A | 20,228 | 96 | |
Shenzhen H&T Intelligent Control Co. Ltd. Class A | 38,100 | 96 | |
* | TongFu Microelectronics Co. Ltd. Class A | 25,700 | 96 |
Jiangxi Wannianqing Cement Co. Ltd. Class A | 45,300 | 96 | |
Yunda Holding Co. Ltd. Class A | 33,146 | 95 | |
Wolong Electric Group Co. Ltd. Class A | 52,100 | 95 | |
Jizhong Energy Resources Co. Ltd. Class A | 179,100 | 95 | |
Henan Yuguang Gold & Lead Co. Ltd. Class A | 132,900 | 95 | |
Jiangsu Shagang Co. Ltd. Class A | 48,800 | 95 | |
Huaxin Cement Co. Ltd. Class A | 26,100 | 95 | |
China Shineway Pharmaceutical Group Ltd. | 150,000 | 94 | |
* | Zhejiang Kaishan Compressor Co. Ltd. Class A | 40,700 | 94 |
* | Fangda Special Steel Technology Co. Ltd. Class A | 102,800 | 94 |
Xiamen Tungsten Co. Ltd. Class A | 46,600 | 94 | |
Sichuan Shuangma Cement Co. Ltd. Class A | 47,700 | 93 | |
Vatti Corp. Ltd. Class A | 69,700 | 93 | |
Guangdong South New Media Co. Ltd. Class A | 7,200 | 93 | |
* | Shanghai Liangxin Electrical Co. Ltd. Class A | 22,900 | 93 |
* | Pacific Securities Co. Ltd. China Class A | 164,900 | 93 |
Shennan Circuits Co. Ltd. Class A | 5,740 | 93 | |
Wanxiang Qianchao Co. Ltd. Class A | 105,400 | 92 | |
Zhuzhou Kibing Group Co. Ltd. Class A | 67,200 | 92 | |
China Enterprise Co. Ltd. Class A | 157,200 | 92 | |
Chengzhi Co. Ltd. Class A | 47,400 | 92 | |
* | Tus Environmental Science And Technology Development Co. Ltd. Class A | 83,700 | 92 |
China West Construction Group Co. Ltd. Class A | 67,200 | 92 | |
Hangzhou Binjiang Real Estate Group Co. Ltd. Class A | 126,500 | 92 | |
Shanghai Jinjiang International Industrial Investment Co. Ltd. Class B | 131,100 | 91 | |
* | Fullshare Holdings Ltd. | 4,505,000 | 91 |
Shanghai M&G Stationery Inc. Class A | 7,600 | 91 |
25 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Aerospace Hi-Tech Holdings Grp Ltd. Class A | 62,157 | 91 | |
Beijing United Information Technology Co. Ltd. | 6,100 | 91 | |
Jinneng Science&Technology Co. Ltd. Class A | 49,200 | 91 | |
Sieyuan Electric Co. Ltd. Class A | 28,400 | 91 | |
Yang Quan Coal Industry Group Co. Ltd. Class A | 128,400 | 91 | |
Shanghai Mechanical and Electrical Industry Co. Ltd. Class A | 32,100 | 91 | |
WUS Printed Circuit Kunshan Co. Ltd. Class A | 32,800 | 90 | |
* | China Zhongwang Holdings Ltd. | 442,800 | 90 |
* | Inner Mongolia Yuan Xing Energy Co. Ltd. Class A | 290,400 | 90 |
Huafa Industrial Co. Ltd. Zhuhai Class A | 93,200 | 90 | |
Luxi Chemical Group Co. Ltd. Class A | 60,000 | 90 | |
Guizhou Panjiang Refined Coal Co. Ltd. Class A | 100,400 | 90 | |
* | Luoxin Pharmaceuticals Group Stock Co. Ltd. Class A | 46,318 | 90 |
Zhongyuan Environment-Protection Co. Ltd. Class A | 83,600 | 90 | |
Huaan Securities Co. Ltd. Class A | 75,200 | 90 | |
Beijing Yanjing Brewery Co. Ltd. Class A | 68,900 | 90 | |
Greenland Hong Kong Holdings Ltd. | 275,000 | 89 | |
Jointo Energy Investment Co. Ltd. Hebei Class A | 108,700 | 89 | |
Sichuan Chuantou Energy Co. Ltd. Class A | 59,400 | 89 | |
COFCO Capital Holdings Co. Ltd. Class A | 62,300 | 89 | |
BGI Genomics Co. Ltd. | 4,000 | 89 | |
* | Jilin Electric Power Co. Ltd. Class A | 153,700 | 89 |
Tibet Tianlu Co. Ltd. Class A | 80,700 | 89 | |
SGIS Songshan Co. Ltd. Class A | 141,400 | 89 | |
Guizhou Gas Group Corp. Ltd. Class A | 53,700 | 89 | |
Shanghai Environment Group Co. Ltd. Class A | 53,500 | 89 | |
Zhejiang Huace Film & TV Co. Ltd. Class A | 81,100 | 89 | |
Sichuan Languang Development Co. Ltd. Class A | 120,200 | 89 | |
* | HY Energy Group Co. Ltd. Class A | 90,900 | 89 |
Xinhua Winshare Publishing and Media Co. Ltd. Class A | 56,600 | 88 | |
Tianjin Chase Sun Pharmaceutical Co. Ltd. Class A | 107,100 | 88 | |
COSCO SHIPPING Development Co. Ltd. Class H | 793,000 | 88 | |
Yintai Gold Co. Ltd. Class A | 58,660 | 88 | |
Xiamen C & D Inc. Class A | 70,200 | 88 | |
Universal Scientific Industrial Shanghai Co. Ltd. Class A | 26,800 | 88 | |
XCMG Construction Machinery Co. Ltd. Class A | 109,200 | 88 | |
* | Guangdong Kinlong Hardware Products Co. Ltd. Class A | 4,600 | 88 |
Fiberhome Telecommunication Technologies Co. Ltd. Class A | 24,800 | 88 | |
China Film Co. Ltd. Class A | 46,100 | 87 | |
Power Construction Corp. of China Ltd. Class A | 151,500 | 87 | |
Central China Securities Co. Ltd. Class A | 113,100 | 87 | |
* | Guosheng Financial Holding Inc. Class A | 65,600 | 87 |
Chengdu Xingrong Environment Co. Ltd. Class A | 116,800 | 87 | |
Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. Class A | 142,900 | 87 | |
Huagong Tech Co. Ltd. Class A | 24,900 | 87 | |
Shanghai International Port Group Co. Ltd. Class A | 138,700 | 87 | |
CIMC Enric Holdings Ltd. | 184,000 | 87 | |
Luenmei Quantum Co. Ltd. Class A | 43,800 | 87 | |
Jinke Properties Group Co. Ltd. Class A | 74,500 | 86 | |
* | Hi Sun Technology China Ltd. | 792,000 | 86 |
Jiangsu Yoke Technology Co. Ltd. Class A | 11,400 | 86 | |
Huaibei Mining Holdings Co. Ltd. Class A | 57,100 | 86 | |
Bethel Automotive Safety Systems Co. Ltd. Class A | 16,400 | 86 | |
Beijing North Star Co. Ltd. Class A | 238,800 | 86 | |
Hunan Gold Corp. Ltd. Class A | 68,600 | 86 | |
CMBC Capital Holdings Ltd. | 5,250,000 | 86 | |
Hongta Securities Co. Ltd. Class A | 33,000 | 86 | |
Shenzhen Huaqiang Industry Co. Ltd. Class A | 41,200 | 85 | |
* | Bafang Electric Suzhou Co. Ltd. Class A | 3,100 | 85 |
* | Zhejiang Jiecang Linear Motion Technology Co. Ltd. Class A | 8,600 | 85 |
* | Sichuan Hebang Biotechnology Co. Ltd. Class A | 425,700 | 85 |
PharmaBlock Sciences Nanjing Inc. Class A | 4,200 | 85 | |
Digital China Group Co. Ltd. Class A | 22,200 | 85 | |
* | Joinn Laboratories China Co. Ltd. Class A | 5,400 | 85 |
26 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Rongan Property Co. Ltd. Class A | 218,200 | 85 | |
Shenzhen Energy Group Co. Ltd. Class A | 104,400 | 85 | |
CECEP Solar Energy Co. Ltd. Class A | 125,590 | 85 | |
* | BAIC BluePark New Energy Technology Co. Ltd. Class Class A | 85,100 | 85 |
Everbright Jiabao Co. Ltd. Class A | 157,200 | 85 | |
Huafu Fashion Co. Ltd. Class A | 82,600 | 85 | |
Yangzhou Yangjie Electronic Technology Co. Ltd. Class A | 13,900 | 84 | |
China Satellite Communications Co. Ltd. Class A | 32,500 | 84 | |
Hexing Electrical Co. Ltd. Class A | 39,100 | 84 | |
Air China Ltd. Class A | 82,700 | 84 | |
Shanxi Taigang Stainless Steel Co. Ltd. Class A | 160,200 | 84 | |
Zhongshan Public Utilities Group Co. Ltd. Class A | 66,700 | 84 | |
China Publishing & Media Co. Ltd. Class A | 110,500 | 84 | |
Shenzhen Sinovatio Technology Co. Ltd. Class A | 7,520 | 84 | |
East Group Co. Ltd. Class A | 55,600 | 84 | |
Cinda Real Estate Co. Ltd. Class A | 133,900 | 83 | |
Ninestar Corp. Class A | 19,100 | 83 | |
China Aerospace Times Electronics Co. Ltd. Class A | 84,100 | 83 | |
Dazhong Transportation Group Co. Ltd. Class B | 264,350 | 83 | |
Shanghai Mechanical and Electrical Industry Co. Ltd. Class B | 61,773 | 83 | |
Zhejiang Hisoar Pharmaceutical Co. Ltd. Class A | 71,400 | 83 | |
Shanghai Shimao Co. Ltd. Class A | 95,800 | 83 | |
Huadian Power International Corp. Ltd. Class A | 164,400 | 83 | |
* | Baozun Inc. Class A | 6,859 | 83 |
Chaowei Power Holdings Ltd. | 240,000 | 83 | |
MLS Co. Ltd. Class A | 45,400 | 83 | |
Tongling Nonferrous Metals Group Co. Ltd. Class A | 254,100 | 82 | |
Han's Laser Technology Industry Group Co. Ltd. Class A | 13,697 | 82 | |
* | Qudian Inc. ADR | 61,504 | 82 |
Sino GeoPhysical Co. Ltd. Class A | 32,200 | 82 | |
* | Tibet Summit Resources Co. Ltd. Class A | 68,400 | 82 |
China Great Wall Securities Co. Ltd. Class A | 44,200 | 82 | |
Amoy Diagnostics Co. Ltd. Class A | 6,500 | 82 | |
Hangzhou Century Co. Ltd. Class A | 53,600 | 82 | |
Ningxia Jiaze New Energy Co. Ltd. Class A | 178,000 | 82 | |
Sichuan Haite High-tech Co. Ltd. Class A | 36,800 | 82 | |
Boya Bio-pharmaceutical Group Co. Ltd. Class A | 14,600 | 82 | |
China Avionics Systems Co. Ltd. Class A | 33,900 | 82 | |
* | Hesteel Co. Ltd. Class A | 263,800 | 81 |
Shanghai Kehua Bio-Engineering Co. Ltd. Class A | 27,200 | 81 | |
* | Sinopec Oilfield Service Corp. Class A | 308,300 | 81 |
Shanxi Blue Flame Holding Co. Ltd. Class A | 69,300 | 81 | |
Sai Micro Electronics Inc. Class A | 19,900 | 81 | |
Shanghai AJ Group Co. Ltd. Class A | 67,600 | 81 | |
Longshine Technology Group Co. Ltd. Class A | 32,400 | 81 | |
Shaan Xi Provincial Natural Gas Co. Ltd. Class A | 84,800 | 81 | |
Dare Power Dekor Home Co. Ltd. Class A | 33,800 | 81 | |
* | Shenghe Resources Holding Co. Ltd. Class A | 82,100 | 81 |
* | Advanced Technology & Materials Co. Ltd. Class A | 83,800 | 81 |
Financial Street Holdings Co. Ltd. Class A | 80,500 | 80 | |
Zhejiang Supor Co. Ltd. Class A | 7,595 | 80 | |
Zhejiang Wanfeng Auto Wheel Co. Ltd. Class A | 74,500 | 80 | |
China Zhenhua Group Science & Technology Co. Ltd. Class A | 12,800 | 80 | |
Haisco Pharmaceutical Group Co. Ltd. Class A | 23,700 | 80 | |
* | Guangdong Shirongzhaoye Co. Ltd. Class A | 82,000 | 80 |
IKD Co. Ltd. Class A | 39,200 | 80 | |
Shandong New Beiyang Information Technology Co. Ltd. Class A | 56,800 | 79 | |
Qianhe Condiment and Food Co. Ltd. Class A | 13,900 | 79 | |
Eternal Asia Supply Chain Management Ltd. Class A | 108,900 | 79 | |
Yotrio Group Co. Ltd. Class A | 127,800 | 79 | |
China BlueChemical Ltd. Class H | 556,000 | 79 | |
Newland Digital Technology Co. Ltd. Class A | 33,399 | 79 | |
Shenzhen Gas Corp. Ltd. Class A | 71,700 | 79 | |
* | Beijing Jetsen Technology Co. Ltd. Class A | 102,600 | 79 |
27 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
West China Cement Ltd. | 530,000 | 79 | |
Ningbo Zhoushan Port Co. Ltd. Class A | 144,600 | 79 | |
* | Markor International Home Furnishings Co. Ltd. Class A | 104,000 | 79 |
Anhui Hengyuan Coal Industry and Electricity Power Co. Ltd. Class A | 107,600 | 79 | |
* | Sinofibers Technology Co. Ltd. Class A | 11,200 | 79 |
Betta Pharmaceuticals Co. Ltd. Class A | 4,900 | 79 | |
China South City Holdings Ltd. | 778,000 | 79 | |
Jiajiayue Group Co. Ltd. Class A | 18,300 | 78 | |
Sansteel Minguang Co. Ltd. Fujian Class A | 79,600 | 78 | |
Shanghai Electric Power Co. Ltd. Class A | 73,300 | 78 | |
Zhejiang Yasha Decoration Co. Ltd. Class A | 58,400 | 78 | |
* | China Northern Rare Earth Group High-Tech Co. Ltd. Class A | 51,800 | 78 |
* | Beijing Shougang Co. Ltd. Class A | 142,500 | 78 |
Guangzhou Yuexiu Financial Holdings Group Co. Ltd. Class A | 33,400 | 78 | |
Beijing Tongrentang Co. Ltd. Class A | 19,400 | 78 | |
Beijing Capital Development Co. Ltd. Class A | 84,600 | 78 | |
Shenzhen Suntak Circuit Technology Co. Ltd. Class A | 31,000 | 78 | |
Chinese Universe Publishing and Media Group Co. Ltd. Class A | 44,900 | 78 | |
Beijing SL Pharmaceutical Co. Ltd. Class A | 46,500 | 77 | |
CSG Holding Co. Ltd. Class A | 86,700 | 77 | |
Beibuwan Port Co. Ltd. Class A | 51,700 | 77 | |
Eastern Communications Co. Ltd. Class B | 175,800 | 77 | |
* | Chifeng Jilong Gold Mining Co. Ltd. Class A | 28,900 | 77 |
Leo Group Co. Ltd. Class A | 162,800 | 77 | |
Shandong Hi-speed Co. Ltd. Class A | 85,500 | 77 | |
* | China Nonferrous Metal Industry's Foreign Engineering and Construction Co. Ltd. Class A | 119,700 | 77 |
Oceanwide Holdings Co. Ltd. Class A | 125,400 | 77 | |
China Minmetals Rare Earth Co. Ltd. Class A | 43,500 | 77 | |
Zhejiang Juhua Co. Ltd. Class A | 76,900 | 77 | |
* | Goldenmax International Technology Ltd. Class A | 66,500 | 77 |
CNOOC Energy Technology & Services Ltd. Class A | 221,900 | 77 | |
Xinhua Winshare Publishing and Media Co. Ltd. Class H | 126,000 | 77 | |
SPIC Dongfang New Energy Corp. Class A | 117,800 | 77 | |
Guangxi Guidong Electric Power Co. Ltd. Class A | 135,000 | 77 | |
B-Soft Co. Ltd. Class A | 39,200 | 77 | |
GD Power Development Co. Ltd. Class A | 261,200 | 77 | |
Tongda Group Holdings Ltd. | 1,400,293 | 76 | |
Zhejiang Tianyu Pharmaceutical Co. Ltd. Class A | 5,400 | 76 | |
* | Alpha Group Class A | 79,000 | 76 |
* | Shenyang Xingqi Pharmaceutical Co. Ltd. Class A | 3,600 | 76 |
Victory Giant Technology Huizhou Co. Ltd. Class A | 24,200 | 76 | |
* | Double Medical Technology Inc. Class A | 5,500 | 76 |
* | Tongdao Liepin Group | 30,600 | 75 |
* | Bluefocus Intelligent Communications Group Co. Ltd. Class A | 73,500 | 75 |
Hengdian Entertainment Co. Ltd. Class A | 31,800 | 75 | |
Zhejiang Crystal-Optech Co. Ltd. Class A | 39,500 | 75 | |
* | Ourpalm Co. Ltd. Class A | 77,300 | 75 |
Jiangsu Nhwa Pharmaceutical Co. Ltd. Class A | 32,000 | 75 | |
Suzhou New District Hi-Tech Industrial Co. Ltd. Class A | 104,600 | 75 | |
Hubei Energy Group Co. Ltd. Class A | 126,000 | 75 | |
Beijing Sinnet Technology Co. Ltd. Class A | 26,100 | 75 | |
Rastar Group Class A | 122,700 | 74 | |
* | ZheJiang Dali Technology Co. Ltd. Class A | 20,600 | 74 |
* | Hangzhou Dptech Technologies Co. Ltd. Class A | 11,600 | 74 |
Fujian Star-net Communication Co. Ltd. Class A | 20,600 | 74 | |
Shanxi Lu'an Environmental Energy Development Co. Ltd. Class A | 83,800 | 74 | |
* | Gree Real Estate Co. Ltd. Class A | 50,900 | 74 |
* | Milkyway Chemical Supply Chain Service Co. Ltd. Class A | 4,500 | 74 |
Shanghai Yaoji Technology Co. Ltd. Class A | 16,400 | 74 | |
Shenzhen Anche Technologies Co. Ltd. Class A | 11,500 | 74 | |
Dian Diagnostics Group Co. Ltd. Class A | 12,600 | 74 | |
Changsha Jingjia Microelectronics Co. Ltd. Class A | 8,100 | 73 | |
China World Trade Center Co. Ltd. Class A | 39,900 | 73 | |
* | China Tianying Inc. Class A | 112,100 | 73 |
28 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Shenzhen Yinghe Technology Co. Ltd. Class A | 17,100 | 73 | |
Shenzhen Kinwong Electronic Co. Ltd. Class A | 15,300 | 73 | |
Westone Information Industry Inc. Class A | 26,500 | 73 | |
Jinduicheng Molybdenum Co. Ltd. Class A | 86,200 | 73 | |
* | Zhejiang Starry Pharmaceutical Co. Ltd. Class A | 7,000 | 73 |
Grandjoy Holdings Group Co. Ltd. Class A | 107,100 | 73 | |
Anhui Expressway Co. Ltd. Class A | 92,100 | 73 | |
* | Fibocom Wireless Inc. Class A | 8,300 | 73 |
Sino-Platinum Metals Co. Ltd. Class A | 22,800 | 73 | |
* | Zhejiang Conba Pharmaceutical Co. Ltd. Class A | 97,100 | 73 |
Red Star Macalline Group Corp. Ltd. Class A | 52,250 | 73 | |
* | Montnets Rongxin Technology Group Co. Ltd. Class A | 31,300 | 73 |
Blue Sail Medical Co. Ltd. Class A | 20,400 | 73 | |
* | State Grid Information & Communication Co. Ltd. Class A | 27,900 | 73 |
Wens Foodstuffs Group Co. Ltd. | 25,560 | 73 | |
Hunan Aihua Group Co. Ltd. Class A | 19,200 | 72 | |
* | Edifier Technology Co. Ltd. Class A | 29,474 | 72 |
China Baoan Group Co. Ltd. Class A | 63,600 | 72 | |
Shenzhen Gongjin Electronics Co. Ltd. Class A | 41,300 | 72 | |
YanTai Shuangta Food Co. Ltd. Class A | 32,900 | 72 | |
Beijing Watertek Information Technology Co. Ltd. Class A | 80,700 | 72 | |
Beijing Aosaikang Pharmaceutical Co. Ltd. Class A | 29,500 | 72 | |
Sinolink Securities Co. Ltd. Class A | 31,900 | 71 | |
Offshore Oil Engineering Co. Ltd. Class A | 112,800 | 71 | |
Shenzhen YUTO Packaging Technology Co. Ltd. Class A | 16,100 | 71 | |
Quectel Wireless Solutions Co. Ltd. Class A | 2,600 | 71 | |
Bright Real Estate Group Co. Ltd. Class A | 181,000 | 71 | |
Tianjin 712 Communication & Broadcasting Co. Ltd. Class A | 11,000 | 71 | |
* | First Tractor Co. Ltd. Class H | 184,000 | 71 |
Guizhou Broadcasting & TV Information Network Co. Ltd. Class A | 71,800 | 71 | |
Consun Pharmaceutical Group Ltd. | 178,000 | 70 | |
* | Keshun Waterproof Technologies Co. Ltd. Class A | 20,100 | 70 |
Shandong Dawn Polymer Co. Ltd. Class A | 17,200 | 70 | |
* | Harbin Electric Co. Ltd. Class H | 246,000 | 70 |
Bank of Zhengzhou Co. Ltd. Class A | 128,150 | 70 | |
Wuhan Jingce Electronic Group Co. Ltd. Class A | 9,400 | 70 | |
Beijing Zhong Ke San Huan High-Tech Co. Ltd. Class A | 51,400 | 70 | |
Bright Dairy & Food Co. Ltd. Class A | 30,100 | 70 | |
Nanjing Securities Co. Ltd. Class A | 37,300 | 70 | |
Yantai Dongcheng Pharmaceutical Co. Ltd. Class A | 19,800 | 70 | |
* | Suzhou Anjie Technology Co. Ltd. Class A | 23,400 | 70 |
* | Bear Electric Appliance Co. Ltd. Class A | 4,000 | 69 |
Shenergy Co. Ltd. Class A | 88,900 | 69 | |
Xingda International Holdings Ltd. | 269,000 | 69 | |
Zhejiang Xianju Pharmaceutical Co. Ltd. Class A | 30,100 | 69 | |
Hangjin Technology Co. Ltd. Class A | 23,800 | 69 | |
Shanghai Haixin Group Co. Class B | 210,800 | 69 | |
Wuxi Boton Technology Co. Ltd. Class A | 21,400 | 69 | |
^ | JNBY Design Ltd. | 63,000 | 69 |
Jilin Aodong Pharmaceutical Group Co. Ltd. Class A | 27,200 | 68 | |
Shanghai Chinafortune Co. Ltd. Class A | 25,900 | 68 | |
Guangdong Provincial Expressway Development Co. Ltd. Class B | 129,300 | 68 | |
Tianjin Guangyu Development Co. Ltd. Class A | 72,200 | 68 | |
Beijing Orient National Communication Science & Technology Co. Ltd. Class A | 37,500 | 68 | |
* | Pangang Group Vanadium Titanium & Resources Co. Ltd. Class A | 228,000 | 68 |
Hainan Poly Pharm Co. Ltd. | 10,725 | 68 | |
Shijiazhuang Yiling Pharmaceutical Co. Ltd. Class A | 17,000 | 68 | |
Jinyu Bio-Technology Co. Ltd. Class A | 19,100 | 68 | |
* | Anhui Honglu Steel Construction Group Co. Ltd. Class A | 11,900 | 68 |
Gansu Qilianshan Cement Group Co. Ltd. Class A | 31,200 | 68 | |
LianChuang Electronic Technology Co. Ltd. Class A | 44,500 | 67 | |
5I5J Holding Group Co. Ltd. Class A | 123,300 | 67 | |
Zhongjin Gold Corp. Ltd. Class A | 48,000 | 67 | |
Guizhou Space Appliance Co. Ltd. Class A | 9,800 | 67 |
29 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Qutoutiao Inc. ADR | 30,953 | 67 |
Henan Zhongyuan Expressway Co. Ltd. Class A | 130,439 | 66 | |
Zhejiang Medicine Co. Ltd. Class A | 31,000 | 66 | |
1 | Yangtze Optical Fibre and Cable Joint Stock Ltd. Co. Class H | 46,000 | 66 |
Konka Group Co. Ltd. Class A | 75,700 | 66 | |
YGSOFT Inc. Class A | 53,300 | 66 | |
* | CCOOP Group Co. Ltd. Class A | 148,500 | 66 |
* | Xi'an Triangle Defense Co. Ltd. Class A | 14,100 | 66 |
China Molybdenum Co. Ltd. Class A | 110,400 | 65 | |
* | Beijing Ultrapower Software Co. Ltd. Class A | 77,900 | 65 |
Suning Universal Co. Ltd. Class A | 142,700 | 65 | |
Guangdong Electric Power Development Co. Ltd. Class B | 239,743 | 65 | |
* | Tunghsu Optoelectronic Technology Co. Ltd. Class A | 157,600 | 64 |
Guangdong Ellington Electronics Technology Co. Ltd. Class A | 53,100 | 64 | |
* | Berry Genomics Co. Ltd. Class A | 8,600 | 64 |
Hangzhou Shunwang Technology Co. Ltd. Class A | 25,800 | 64 | |
Weifu High-Technology Group Co. Ltd. Class B | 34,600 | 64 | |
Shanghai Sinyang Semiconductor Materials Co. Ltd. Class A | 8,900 | 64 | |
Guangzhou Baiyun International Airport Co. Ltd. Class A | 33,900 | 64 | |
Beijing Thunisoft Corp. Ltd. Class A | 18,200 | 64 | |
Shanghai AtHub Co. Ltd. Class A | 6,100 | 64 | |
Xiamen International Airport Co. Ltd. Class A | 24,200 | 63 | |
Metallurgical Corp. of China Ltd. Class A | 162,900 | 63 | |
China Merchants Land Ltd. | 432,000 | 63 | |
China Harmony Auto Holding Ltd. | 159,000 | 63 | |
* | Shanghai Wanye Enterprises Co. Ltd. Class A | 24,500 | 62 |
Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd. Class A | 160,200 | 62 | |
Concord New Energy Group Ltd. | 1,160,000 | 61 | |
Jiangxi Bank Co. Ltd. Class H | 144,000 | 61 | |
Yusys Technologies Co. Ltd. Class A | 11,300 | 61 | |
* | Gosuncn Technology Group Co. Ltd. Class A | 84,200 | 61 |
* | Guangdong HEC Technology Holding Co. Ltd. Class A | 71,200 | 61 |
*,1 | Ascletis Pharma Inc. | 167,000 | 60 |
Guangshen Railway Co. Ltd. Class A | 177,800 | 60 | |
Tianjin Capital Environmental Protection Group Co. Ltd. Class A | 59,700 | 60 | |
* | Zhongfu Information Inc. Class A | 9,900 | 60 |
* | Focused Photonics Hangzhou Inc. Class A | 29,600 | 60 |
Jinyuan EP Co. Ltd. Class A | 50,200 | 60 | |
Huafon Microfibre Shanghai Technology Co. Ltd. Class A | 57,300 | 60 | |
* | Guangdong Create Century Intelligent Equipment Corp. Ltd. Class A | 49,700 | 60 |
Sinofert Holdings Ltd. | 668,000 | 60 | |
Bestsun Energy Co. Ltd. Class A | 77,700 | 60 | |
Hubei Biocause Pharmaceutical Co. Ltd. Class A | 79,700 | 59 | |
^,1 | China Everbright Greentech Ltd. | 149,000 | 59 |
Shanghai Kinetic Medical Co. Ltd. Class A | 20,900 | 59 | |
China National Accord Medicines Corp. Ltd. Class B | 20,760 | 59 | |
Shanghai Chlor-Alkali Chemical Co. Ltd. Class B | 138,200 | 59 | |
RiseSun Real Estate Development Co. Ltd. Class A | 56,200 | 59 | |
* | CITIC Guoan Information Industry Co. Ltd. Class A | 153,300 | 59 |
* | Beijing Centergate Technologies Holding Co. Ltd. Class A | 53,500 | 59 |
* | Tahoe Group Co. Ltd. Class A | 104,500 | 59 |
*,^ | CAR Inc. | 183,117 | 59 |
Venustech Group Inc. Class A | 12,600 | 58 | |
Beijing Global Safety Technology Co. Ltd. Class A | 10,500 | 58 | |
*,§ | Tianhe Chemicals Group Ltd. | 383,088 | 58 |
Shenzhen Airport Co. Ltd. Class A | 48,400 | 58 | |
Shenzhen Kingdom Sci-Tech Co. Ltd. Class A | 21,498 | 57 | |
Huangshan Tourism Development Co. Ltd. Class B | 77,426 | 57 | |
* | Yunnan Tin Co. Ltd. Class A | 42,400 | 57 |
IReader Technology Co. Ltd. Class A | 14,800 | 57 | |
Youzu Interactive Co. Ltd. Class A | 24,100 | 57 | |
Genimous Technology Co. Ltd. Class A | 64,200 | 56 | |
* | Grand Baoxin Auto Group Ltd. | 450,883 | 56 |
Guangshen Railway Co. Ltd. Class H | 336,000 | 56 |
30 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Anhui Expressway Co. Ltd. Class H | 116,000 | 56 | |
* | Monalisa Group Co. Ltd. Class A | 12,415 | 56 |
Wuxi Taiji Industry Co. Ltd. Class A | 36,200 | 55 | |
* | Ingenic Semiconductor Co. Ltd. Class A | 5,200 | 55 |
Dongfang Electric Corp. Ltd. Class A | 34,300 | 54 | |
China High Speed Transmission Equipment Group Co. Ltd. | 73,000 | 54 | |
* | Shijiazhuang Changshan BeiMing Technology Co. Ltd. Class A | 51,900 | 53 |
* | Shaanxi Construction Machinery Co. Ltd. Class A | 22,200 | 53 |
Taiji Computer Corp. Ltd. Class A | 13,019 | 52 | |
Shengda Resources Co. Ltd. Class A | 25,100 | 52 | |
* | Doushen Beijing Education & Technology Inc. Class A | 24,700 | 52 |
Sinopec Shanghai Petrochemical Co. Ltd. Class A | 105,100 | 52 | |
Shanghai Jin Jiang Capital Co. Ltd. Class H | 372,000 | 52 | |
* | YaGuang Technology Group Co. Ltd. Class A | 24,900 | 52 |
* | Suzhou Chunxing Precision Mechanical Co. Ltd. Class A | 70,400 | 51 |
Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. Ltd. Class H | 107,000 | 51 | |
*,^ | Sinopec Oilfield Service Corp. Class H | 806,000 | 50 |
Guangzhou Shiyuan Electronic Technology Co. Ltd. Class A | 3,197 | 49 | |
Shenzhen Danbond Technology Co. Ltd. Class A | 53,300 | 49 | |
* | Guocheng Mining Co. Ltd. | 30,854 | 49 |
* | Hanergy Thin Film Power Group Ltd. | 1,810,000 | 49 |
INESA Intelligent Tech Inc. Class B | 98,400 | 48 | |
360 Security Technology Inc. Class A | 19,798 | 47 | |
COSCO SHIPPING Development Co. Ltd. Class A | 147,400 | 46 | |
* | Chinadive Watersports Inc. Class A | 5,200 | 46 |
China TransInfo Technology Co. Ltd. Class A | 13,400 | 45 | |
Zhejiang Hailiang Co. Ltd. Class A | 36,000 | 42 | |
Tangshan Jidong Cement Co. Ltd. Class A | 18,500 | 42 | |
* | Shandong Xinchao Energy Corp. Ltd. Class A | 176,100 | 41 |
* | GDS Holdings Ltd. Class A | 3,931 | 41 |
Western Securities Co. Ltd. Class A | 29,000 | 40 | |
Hangzhou Silan Microelectronics Co. Ltd. Class A | 17,300 | 39 | |
China Machinery Engineering Corp. Class H | 200,000 | 39 | |
Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd. Class A | 15,600 | 38 | |
*,§ | National Agricultural Holdings Ltd. | 246,000 | 38 |
Bank of Jiangsu Co. Ltd. Class A | 42,000 | 38 | |
Sinotrans Ltd. Class A | 61,500 | 38 | |
Shanghai Industrial Urban Development Group Ltd. | 395,200 | 37 | |
CPMC Holdings Ltd. | 83,000 | 37 | |
Chengdu Fusen Noble-House Industrial Co. Ltd. Class A | 17,930 | 36 | |
Sichuan Expressway Co. Ltd. Class H | 166,000 | 36 | |
* | GCL System Integration Technology Co. Ltd. Class A | 68,600 | 35 |
* | Visionox Technology Inc. Class A | 17,998 | 35 |
Qingling Motors Co. Ltd. Class H | 194,000 | 35 | |
* | Huazhu Group Ltd. | 811 | 34 |
* | Chongqing Iron & Steel Co. Ltd. Class H | 378,000 | 34 |
Shandong Chenming Paper Holdings Ltd. Class B | 101,100 | 34 | |
Guomai Technologies Inc. Class A | 27,800 | 34 | |
Camel Group Co. Ltd. Class A | 26,910 | 33 | |
*,1 | CGN New Energy Holdings Co. Ltd. | 250,000 | 33 |
Shanghai 2345 Network Holding Group Co. Ltd. Class A | 80,900 | 33 | |
* | China Modern Dairy Holdings Ltd. | 238,500 | 32 |
*,§ | China Fiber Optic Network System Group Ltd. | 348,000 | 31 |
* | Shang Gong Group Co. Ltd. Class B | 83,900 | 31 |
Wangsu Science & Technology Co. Ltd. Class A | 26,600 | 31 | |
PCI-Suntek Technology Co. Ltd. Class A | 23,100 | 31 | |
Shanghai Huayi Group Co. Ltd. Class B | 63,200 | 31 | |
Tianjin Port Development Holdings Ltd. | 450,000 | 30 | |
* | Beijing Enterprises Clean Energy Group Ltd. | 5,760,000 | 30 |
NSFOCUS Technologies Group Co. Ltd. Class A | 10,497 | 29 | |
Jiangsu Jiangyin Rural Commercial Bank Co. Ltd. Class A | 47,800 | 29 | |
Yangtze Optical Fibre and Cable Joint Stock Ltd. Co. Class A | 6,300 | 27 | |
Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd. Class B | 26,900 | 27 | |
* | Inspur International Ltd. | 110,000 | 26 |
31 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Tian Di Science & Technology Co. Ltd. Class A | 56,611 | 26 | |
Wasion Holdings Ltd. | 108,000 | 25 | |
Beijing North Star Co. Ltd. Class H | 118,000 | 24 | |
Wisdom Education International Holdings Co. Ltd. | 72,000 | 23 | |
Shanghai Zijiang Enterprise Group Co. Ltd. Class A | 36,800 | 23 | |
Central China Securities Co. Ltd. Class H | 129,988 | 23 | |
*,§ | China ZhengTong Auto Services Holdings Ltd. | 167,000 | 23 |
Guorui Properties Ltd. | 205,000 | 23 | |
Baosheng Science and Technology Innovation Co. Ltd. Class A | 32,200 | 21 | |
Chongqing Water Group Co. Ltd. Class A | 26,145 | 20 | |
* | Kama Co. Ltd. Class B | 50,500 | 19 |
Dongjiang Environmental Co. Ltd. Class H | 27,100 | 19 | |
Misho Ecology & Landscape Co. Ltd. Class A | 16,400 | 19 | |
*,§ | CT Environmental Group Ltd. | 424,000 | 19 |
*,1 | Shimao Services Holdings Ltd. | 8,614 | 18 |
Luthai Textile Co. Ltd. Class B | 35,800 | 18 | |
* | Ruhnn Holding Ltd. ADR | 7,080 | 17 |
Ajisen China Holdings Ltd. | 94,000 | 12 | |
*,1 | Haichang Ocean Park Holdings Ltd. | 227,000 | 12 |
* | Goodbaby International Holdings Ltd. | 79,464 | 10 |
* | KuangChi Science Ltd. | 190,000 | 9 |
* | Honghua Group Ltd. | 350,000 | 9 |
Xiamen International Port Co. Ltd. Class H | 102,000 | 8 | |
*,§ | China Lumena New Materials Corp. | 11,900 | 8 |
*,§ | Mingfa Group International Co. Ltd. | 30,971 | 8 |
* | Phoenix Media Investment Holdings Ltd. | 126,000 | 5 |
Dawnrays Pharmaceutical Holdings Ltd. | 44,000 | 5 | |
*,1 | China Metal Resources Utilization Ltd. | 157,178 | 4 |
361 Degrees International Ltd. | 32,000 | 4 | |
*,§ | Real Nutriceutical Group Ltd. | 143,000 | 4 |
*,§ | Hua Han Health Industry Holdings Ltd. | 214,708 | 3 |
Tianjin Development Holdings Ltd. | 6,000 | 1 | |
*,§ | Shenglong PV-Tech Investment Co. Ltd. | 1,034,191 | — |
*,^,§ | Midas Holdings Ltd. | 223,900 | — |
*,^,§ | China Huishan Dairy Holdings Co. Ltd. | 822,401 | — |
*,§ | Anxin-China Holdings Ltd. | 312,000 | — |
1,052,728 | |||
Colombia (0.0%) | |||
Bancolombia SA ADR | 37,024 | 944 | |
Interconexion Electrica SA ESP | 147,944 | 797 | |
Grupo Energia Bogota SA ESP | 946,248 | 587 | |
Bancolombia SA | 87,428 | 553 | |
Ecopetrol SA | 971,880 | 450 | |
Grupo Aval Acciones y Valores Preference Shares | 1,706,305 | 392 | |
Grupo de Inversiones Suramericana SA | 75,133 | 390 | |
Ecopetrol SA ADR | 31,110 | 288 | |
Grupo Argos SA | 103,482 | 284 | |
Corp Financiera Colombiana SA | 39,458 | 265 | |
Grupo de Inversiones Suramericana SA Preference Shares | 46,730 | 202 | |
Cementos Argos SA | 164,401 | 193 | |
Banco Davivienda SA Preference Shares | 28,768 | 187 | |
Bancolombia SA Preference Shares | 14,574 | 92 | |
* | CEMEX Latam Holdings SA | 68,341 | 57 |
5,681 | |||
Czech Republic (0.0%) | |||
Cez AS | 53,289 | 1,009 | |
* | Komercni banka AS | 24,994 | 507 |
1 | Moneta Money Bank AS | 180,939 | 411 |
O2 Czech Republic AS | 34,053 | 320 | |
Philip Morris CR AS | 235 | 136 | |
2,383 | |||
Denmark (0.6%) | |||
Novo Nordisk A/S Class B | 567,885 | 36,212 |
32 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Vestas Wind Systems A/S | 69,332 | 11,895 | |
DSV Panalpina A/S | 70,879 | 11,500 | |
1 | Orsted A/S | 67,110 | 10,651 |
* | Genmab A/S | 21,013 | 7,019 |
Coloplast A/S Class B | 47,170 | 6,898 | |
Novozymes A/S | 73,500 | 4,420 | |
Carlsberg AS Class B | 34,318 | 4,345 | |
Chr Hansen Holding A/S | 36,360 | 3,669 | |
AP Moller - Maersk A/S Class B | 2,253 | 3,611 | |
GN Store Nord A/S | 46,575 | 3,353 | |
* | Danske Bank A/S | 235,350 | 3,137 |
Pandora A/S | 31,493 | 2,498 | |
AP Moller - Maersk A/S Class A | 1,282 | 1,896 | |
Ambu A/S Class B | 58,800 | 1,783 | |
Royal Unibrew A/S | 18,176 | 1,772 | |
SimCorp A/S | 14,496 | 1,729 | |
Tryg A/S | 44,748 | 1,242 | |
* | Demant A/S | 38,584 | 1,218 |
*,1 | Netcompany Group A/S | 11,726 | 975 |
* | Iss A/S | 67,283 | 874 |
Ringkjoebing Landbobank A/S | 10,594 | 807 | |
ROCKWOOL International A/S Class B | 2,005 | 785 | |
* | ALK-Abello A/S | 2,242 | 750 |
H Lundbeck A/S | 21,958 | 619 | |
* | Jyske Bank A/S | 20,298 | 605 |
* | Bavarian Nordic A/S | 21,473 | 569 |
Topdanmark A/S | 14,420 | 565 | |
* | FLSmidth & Co. A/S | 17,885 | 457 |
* | Zealand Pharma A/S | 12,464 | 418 |
Schouw & Co. A/S | 4,587 | 400 | |
* | Sydbank AS | 19,827 | 339 |
* | Dfds A/S | 8,824 | 330 |
1 | Scandinavian Tobacco Group A/S | 21,715 | 307 |
* | Nkt A/S | 10,429 | 284 |
* | Spar Nord Bank A/S | 27,208 | 234 |
* | Alm Brand A/S | 18,659 | 213 |
*,^ | Drilling Co. of 1972 A/S | 7,206 | 136 |
D/S Norden A/S | 9,456 | 135 | |
* | Nilfisk Holding A/S | 9,210 | 126 |
*,§ | OW Bunker A/S | 3,210 | — |
128,776 | |||
Egypt (0.0%) | |||
Commercial International Bank Egypt SAE | 476,126 | 1,861 | |
Eastern Co. SAE | 372,204 | 282 | |
Egypt Kuwait Holding Co. SAE | 246,693 | 256 | |
* | Egyptian Financial Group-Hermes Holding Co. | 207,673 | 164 |
ElSewedy Electric Co. | 296,180 | 139 | |
Talaat Moustafa Group | 292,136 | 113 | |
Telecom Egypt Co. | 127,965 | 96 | |
Oriental Weavers | 227,675 | 90 | |
* | Pioneers Holding for Financial Investments SAE | 243,648 | 58 |
Heliopolis Housing | 131,268 | 53 | |
* | Palm Hills Developments SAE | 548,521 | 46 |
Six of October Development & Investment | 53,887 | 41 | |
Medinet Nasr Housing | 160,330 | 37 | |
Orascom Construction plc (XCAI) | 3,826 | 17 | |
* | Alexandria Mineral Oils Co. | 89,194 | 14 |
3,267 | |||
Finland (0.4%) | |||
Kone Oyj Class B | 137,977 | 10,985 | |
Neste Oyj | 148,912 | 7,766 | |
* | Nordea Bank Abp (XSTO) | 927,204 | 6,959 |
Sampo Oyj Class A | 179,645 | 6,779 | |
* | Nokia Oyj | 2,006,063 | 6,763 |
33 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
UPM-Kymmene Oyj | 189,319 | 5,350 | |
Stora Enso Oyj | 202,555 | 2,956 | |
Fortum Oyj | 153,941 | 2,894 | |
Elisa Oyj | 51,830 | 2,548 | |
Kesko Oyj Class B | 94,306 | 2,420 | |
* | Nordea Bank Abp (XHEL) | 220,180 | 1,658 |
Huhtamaki Oyj | 33,446 | 1,634 | |
Orion Oyj Class B | 36,705 | 1,571 | |
Metso Outotec Oyj | 212,744 | 1,500 | |
Nokian Renkaat Oyj | 47,309 | 1,454 | |
Wartsila OYJ Abp | 171,635 | 1,364 | |
* | Kojamo Oyj | 64,121 | 1,322 |
Valmet Oyj | 45,579 | 1,088 | |
Konecranes Oyj Class A | 24,438 | 769 | |
TietoEVRY Oyj (XHEL) | 25,889 | 646 | |
Cargotec Oyj Class B | 17,078 | 587 | |
Metsa Board Oyj | 67,444 | 566 | |
Neles Oyj | 37,005 | 495 | |
Kemira Oyj | 30,367 | 375 | |
Sanoma Oyj | 24,619 | 362 | |
Uponor Oyj | 16,929 | 316 | |
Ahlstrom-Munksjo Oyj | 14,154 | 296 | |
YIT Oyj | 49,763 | 262 | |
*,^ | Outokumpu Oyj | 95,736 | 239 |
^ | Citycon Oyj | 22,588 | 174 |
TietoEVRY Oyj (XOSL) | 5,682 | 141 | |
* | Finnair Oyj | 288,850 | 123 |
Raisio Oyj | 31,935 | 113 | |
Oriola Oyj | 39,257 | 83 | |
* | F-Secure Oyj | 13,165 | 54 |
72,612 | |||
France (2.4%) | |||
LVMH Moet Hennessy Louis Vuitton SE | 87,903 | 41,205 | |
Sanofi | 383,261 | 34,606 | |
Total SE | 853,417 | 25,856 | |
Schneider Electric SE | 185,011 | 22,480 | |
Kering SA | 26,099 | 15,772 | |
* | Airbus SE | 196,702 | 14,392 |
* | BNP Paribas SA | 383,706 | 13,382 |
Vinci SA | 164,549 | 12,997 | |
* | EssilorLuxottica SA | 103,617 | 12,793 |
* | Safran SA | 114,086 | 12,034 |
Pernod Ricard SA | 73,140 | 11,783 | |
Danone SA | 210,944 | 11,700 | |
Axa SA | 681,633 | 10,947 | |
L'Oreal SA Loyalty Shares | 32,554 | 10,521 | |
Hermes International | 10,943 | 10,189 | |
L'Oreal SA | 29,063 | 9,393 | |
Air Liquide SA Loyalty Shares | 59,882 | 8,757 | |
Air Liquide SA | 56,821 | 8,309 | |
Vivendi SA | 284,367 | 8,208 | |
Dassault Systemes SE | 46,873 | 7,992 | |
Orange SA | 673,197 | 7,560 | |
L'Oreal Loyalty Shares 2021 | 22,683 | 7,331 | |
Legrand SA | 94,415 | 6,989 | |
STMicroelectronics NV | 225,463 | 6,878 | |
Air Liquide SA Loyalty Shares 2021 | 46,531 | 6,805 | |
* | Cie de Saint-Gobain | 172,773 | 6,730 |
Cie Generale des Etablissements Michelin SCA | 61,513 | 6,644 | |
Capgemini SE | 55,593 | 6,419 | |
Teleperformance | 20,738 | 6,225 | |
Edenred | 86,486 | 4,031 | |
*,1 | Worldline SA | 51,329 | 3,802 |
* | Societe Generale SA | 274,941 | 3,736 |
34 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Peugeot SA | 191,036 | 3,432 |
* | Eurofins Scientific SE | 4,263 | 3,395 |
Veolia Environnement SA | 178,476 | 3,322 | |
* | Credit Agricole SA | 409,214 | 3,237 |
Sartorius Stedim Biotech | 8,447 | 3,204 | |
*,^ | Ingenico Group SA | 22,273 | 3,202 |
Carrefour SA | 204,857 | 3,184 | |
* | Alstom SA | 68,819 | 3,075 |
* | Ubisoft Entertainment SA | 32,859 | 2,903 |
* | Engie SA | 221,923 | 2,684 |
Publicis Groupe SA | 76,586 | 2,661 | |
Valeo SA | 84,208 | 2,547 | |
Bouygues SA | 76,348 | 2,504 | |
Suez SA | 132,609 | 2,428 | |
* | Engie SA (XPAR) | 197,531 | 2,389 |
Thales SA | 36,325 | 2,367 | |
Gecina SA | 19,066 | 2,367 | |
* | Atos SE | 34,594 | 2,363 |
Arkema SA | 23,521 | 2,304 | |
1 | Euronext NV | 21,738 | 2,263 |
BioMerieux | 15,072 | 2,244 | |
* | Getlink SE | 166,685 | 2,242 |
* | Bureau Veritas SA | 100,988 | 2,214 |
* | Engie SA Loyalty Shares 2021 | 167,253 | 2,023 |
* | Eiffage SA | 27,239 | 1,977 |
* | Accor SA | 69,453 | 1,770 |
* | Orpea | 17,592 | 1,757 |
* | Renault SA | 62,464 | 1,547 |
Remy Cointreau SA | 8,747 | 1,477 | |
* | Scor SE | 56,885 | 1,381 |
*,1 | Amundi SA | 19,716 | 1,293 |
Bollore SA | 347,676 | 1,246 | |
1 | La Francaise des Jeux SAEM | 30,667 | 1,150 |
Ipsen SA | 12,568 | 1,145 | |
* | Rexel SA | 106,639 | 1,123 |
Rubis SCA | 33,275 | 1,094 | |
Iliad SA | 5,379 | 1,040 | |
* | Faurecia SE | 26,798 | 1,016 |
Covivio | 16,916 | 1,007 | |
Aeroports de Paris | 10,216 | 1,000 | |
* | Soitec | 6,849 | 972 |
SES SA Class A | 120,981 | 966 | |
*,^ | Lagardere SCA | 41,529 | 908 |
Electricite de France SA | 72,541 | 842 | |
^ | Klepierre SA | 66,296 | 840 |
Wendel SE | 9,574 | 829 | |
Electricite de France SA Loyalty Shares | 65,785 | 764 | |
* | Alten SA | 9,441 | 756 |
^ | Gaztransport Et Technigaz SA | 7,854 | 753 |
* | Elis SA (XPAR) | 64,651 | 709 |
TechnipFMC plc (XPAR) | 128,157 | 707 | |
* | Natixis SA | 298,012 | 694 |
*,^ | Korian SA | 23,800 | 670 |
* | Dassault Aviation SA | 795 | 665 |
Sodexo SA | 10,212 | 656 | |
* | Spie SA | 41,571 | 654 |
* | Eurazeo SE | 14,152 | 644 |
Eutelsat Communications SA | 63,611 | 640 | |
* | Sopra Steria Group | 5,202 | 619 |
* | CNP Assurances | 52,948 | 597 |
SEB SA Loyalty Shares | 3,616 | 588 | |
Sodexo SA ACT Loyalty Shares | 8,920 | 573 | |
SEB SA (XPAR) | 3,457 | 562 | |
Albioma SA Loyalty Shares 2021 | 11,548 | 538 |
35 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Icade | 10,630 | 538 | |
* | Nexans SA | 9,800 | 476 |
Societe BIC SA | 9,488 | 454 | |
*,^ | Casino Guichard Perrachon SA | 19,708 | 444 |
* | Electricite de France SA Loyalty Shares 2021 | 37,510 | 435 |
Nexity SA | 14,862 | 417 | |
Cie Plastic Omnium SA | 17,774 | 404 | |
*,1 | Neoen SA | 7,243 | 388 |
* | JCDecaux SA | 24,215 | 374 |
Ipsos | 14,752 | 363 | |
Sodexo Loyalty Shares 2020 | 5,636 | 362 | |
SEB SA Loyalty Shares 2021 | 2,207 | 359 | |
Trigano SA | 2,626 | 349 | |
Sodexo SA Loyalty Shares 2024 | 5,394 | 346 | |
Imerys SA | 11,492 | 343 | |
* | Virbac SA | 1,332 | 310 |
Robertet SA | 277 | 307 | |
1 | Ald SA | 26,531 | 286 |
* | Fnac Darty SA | 6,138 | 264 |
* | Interparfums SA | 5,611 | 255 |
* | Metropole Television SA | 22,757 | 250 |
* | Rothschild & Co. | 9,000 | 231 |
* | Television Francaise 1 | 36,880 | 217 |
* | Coface SA | 26,926 | 210 |
*,^ | Air France-KLM | 63,986 | 210 |
*,1 | Verallia SA | 7,101 | 198 |
*,1 | Maisons du Monde SA | 14,100 | 189 |
* | Elis SA (XLON) | 17,164 | 187 |
Quadient SA | 12,082 | 157 | |
Vilmorin & Cie SA | 2,836 | 148 | |
1 | Elior Group SA | 38,533 | 145 |
TechnipFMC plc (XNYS) | 26,228 | 145 | |
* | Cgg SA | 251,140 | 142 |
Albioma ACT Loyalty Shares | 2,987 | 139 | |
Vicat SA | 4,456 | 137 | |
Ffp | 1,670 | 133 | |
Pharmagest Inter@ctive | 1,284 | 132 | |
Mercialys SA | 23,678 | 113 | |
* | Tarkett SA | 9,079 | 110 |
* | Mersen SA | 4,185 | 109 |
Derichebourg SA | 34,724 | 102 | |
Bonduelle SCA | 4,520 | 97 | |
Beneteau SA | 10,385 | 95 | |
Boiron SA | 2,097 | 94 | |
Guerbet | 2,723 | 92 | |
Carmila SA | 11,845 | 92 | |
SEB SA | 528 | 86 | |
Union Financiere de France BQE SA | 3,905 | 84 | |
* | Sodexo SA | 1,212 | 78 |
* | Manitou BF SA | 3,706 | 73 |
* | Eramet SA | 2,680 | 71 |
Lisi SA | 4,123 | 67 | |
* | Akka Technologies | 3,418 | 62 |
*,1 | X-Fab Silicon Foundries SE | 14,653 | 55 |
Jacquet Metals SA | 4,253 | 49 | |
* | DBV Technologies SA | 15,207 | 44 |
*,^ | Vallourec SA | 2,634 | 37 |
Akwel | 1,885 | 34 | |
* | GL Events | 3,863 | 31 |
Electricite de France | 2,681 | 31 | |
*,1 | Smcp SA | 7,781 | 30 |
* | Lisi | 1,767 | 29 |
*,^,1 | Europcar Mobility Group | 40,122 | 26 |
* | Etablissements Maurel et Prom SA | 6,895 | 10 |
36 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Bourbon Corp. Loyalty Shares 2022 | 100 | — |
* | CGG SA Warrants Exp. 02/21/2023 | 17,186 | — |
*,§ | Bourbon Corp. | 44 | — |
491,434 | |||
Germany (2.3%) | |||
SAP SE | 396,529 | 42,304 | |
Siemens AG | 269,081 | 31,568 | |
Allianz SE | 146,008 | 25,720 | |
* | adidas AG | 68,332 | 20,302 |
Basf SE | 322,389 | 17,654 | |
Deutsche Telekom AG | 1,135,355 | 17,256 | |
Bayer AG | 348,947 | 16,397 | |
Deutsche Post AG | 343,634 | 15,236 | |
Daimler AG | 285,620 | 14,763 | |
Infineon Technologies AG | 458,904 | 12,777 | |
Vonovia SE | 198,931 | 12,705 | |
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 49,343 | 11,565 | |
Volkswagen AG Preference Shares | 65,437 | 9,532 | |
Deutsche Boerse AG | 64,635 | 9,524 | |
Rwe AG | 224,898 | 8,323 | |
E.On SE | 763,000 | 7,946 | |
Bayerische Motoren Werke AG | 115,740 | 7,910 | |
Merck KGaA | 45,988 | 6,812 | |
* | Deutsche Bank AG | 724,684 | 6,697 |
Henkel AG & Co. KGaA Preference Shares | 63,832 | 6,212 | |
Deutsche Wohnen SE | 122,431 | 6,180 | |
*,1 | Delivery Hero SE | 50,997 | 5,854 |
Symrise AG Class A | 45,024 | 5,552 | |
Fresenius Medical Care AG & Co. KGaA | 71,617 | 5,469 | |
*,1 | Zalando SE | 57,069 | 5,315 |
Fresenius SE & Co. KGaA | 142,421 | 5,283 | |
Sartorius AG Preference Shares | 12,264 | 5,191 | |
Continental AG | 39,132 | 4,158 | |
* | Qiagen NV | 77,348 | 3,673 |
Beiersdorf AG | 34,825 | 3,647 | |
Brenntag AG | 55,860 | 3,570 | |
LEG Immobilien AG | 24,506 | 3,312 | |
MTU Aero Engines AG | 18,918 | 3,234 | |
Hannover Rueck SE | 21,565 | 3,134 | |
Henkel AG & Co. KGaA | 34,095 | 3,082 | |
HeidelbergCement AG | 53,708 | 3,072 | |
1 | Covestro AG | 63,065 | 3,010 |
1 | Scout24 AG | 36,634 | 2,956 |
* | Siemens Energy AG | 133,470 | 2,922 |
Porsche Automobil Holding SE Preference Shares | 54,215 | 2,904 | |
* | Puma SE | 30,996 | 2,714 |
Knorr-Bremse AG | 23,166 | 2,683 | |
* | HelloFresh SE | 49,989 | 2,671 |
*,1 | TeamViewer AG | 50,942 | 2,245 |
1 | Siemens Healthineers AG | 49,051 | 2,106 |
GEA Group AG | 59,539 | 1,983 | |
KION Group AG | 24,973 | 1,946 | |
* | Aroundtown SA | 394,737 | 1,893 |
* | Commerzbank AG | 379,170 | 1,795 |
Carl Zeiss Meditec AG | 13,064 | 1,688 | |
Volkswagen AG | 10,821 | 1,683 | |
Bechtle AG | 9,722 | 1,669 | |
Evonik Industries AG | 68,209 | 1,642 | |
Lanxess AG | 31,123 | 1,579 | |
Nemetschek SE | 19,497 | 1,412 | |
United Internet AG | 38,276 | 1,342 | |
TAG Immobilien AG | 42,896 | 1,264 | |
*,^ | Evotec SE | 45,794 | 1,210 |
Uniper SE | 39,360 | 1,176 |
37 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | MorphoSys AG | 11,521 | 1,174 |
Rheinmetall AG | 15,574 | 1,138 | |
Gerresheimer AG | 10,865 | 1,092 | |
* | CTS Eventim AG & Co. KGaA | 21,943 | 973 |
Fuchs Petrolub SE Preference Shares | 18,654 | 960 | |
* | Dialog Semiconductor plc | 24,372 | 929 |
Bayerische Motoren Werke AG Preference Shares | 17,686 | 914 | |
*,^ | Deutsche Lufthansa AG | 104,340 | 893 |
Rational AG | 1,169 | 877 | |
Grand City Properties SA | 38,024 | 863 | |
Aurubis AG | 12,958 | 829 | |
Freenet AG | 45,216 | 801 | |
alstria office REIT-AG | 62,565 | 797 | |
*,^ | thyssenkrupp AG | 164,965 | 787 |
Fuchs Petrolub Se | 20,068 | 769 | |
* | Hypoport SE | 1,412 | 739 |
^ | Encavis AG | 37,299 | 731 |
CompuGroup Medical SE & Co. KgaA | 8,301 | 713 | |
Siltronic AG | 7,462 | 706 | |
* | Hella GmbH & Co. KGaA | 15,665 | 684 |
Software AG | 17,305 | 621 | |
*,^ | Varta AG | 4,914 | 618 |
* | Fielmann AG | 8,138 | 616 |
Telefonica Deutschland Holding AG | 240,037 | 605 | |
Metro AG | 61,764 | 605 | |
*,^ | Stroeer SE & Co. KGaA | 8,314 | 601 |
* | ProSiebenSat.1 Media SE | 53,725 | 600 |
* | OSRAM Licht AG | 10,207 | 599 |
Jungheinrich AG Preference Shares | 16,227 | 590 | |
*,1 | ADLER Group SA | 22,620 | 569 |
Talanx AG | 18,555 | 547 | |
Duerr AG | 17,049 | 490 | |
Hochtief AG | 6,657 | 490 | |
Hugo Boss AG | 21,065 | 483 | |
Cancom SE | 12,102 | 478 | |
1 | Befesa SA | 11,299 | 465 |
Stabilus SA | 8,206 | 465 | |
* | RTL Group SA | 12,077 | 459 |
Wacker Chemie AG | 4,686 | 452 | |
*,^ | Fraport AG Frankfurt Airport Services Worldwide | 12,437 | 450 |
Jenoptik AG | 18,037 | 445 | |
K&S AG | 65,805 | 441 | |
*,1 | DWS Group GmbH & Co. KGaA | 12,857 | 436 |
Suedzucker AG | 29,307 | 422 | |
* | Rocket Internet SE NPV | 19,287 | 417 |
* | Aixtron SE | 35,309 | 398 |
Pfeiffer Vacuum Technology AG | 2,059 | 376 | |
* | Zooplus AG | 2,310 | 370 |
STRATEC SE | 2,469 | 362 | |
Norma Group SE | 11,081 | 344 | |
*,1 | Shop Apotheke Europe NV | 2,066 | 343 |
* | Aareal Bank AG | 19,832 | 343 |
1&1 Drillisch AG | 16,080 | 339 | |
Patrizia AG | 14,852 | 338 | |
Grenke AG | 8,656 | 338 | |
*,^ | S&T AG | 18,677 | 338 |
Traton SE | 16,708 | 325 | |
Sixt SE Preference Shares | 6,669 | 316 | |
* | Nordex SE | 21,773 | 314 |
KWS Saat SE & Co. KGaA | 4,100 | 302 | |
* | Sixt SE | 3,725 | 281 |
* | Ceconomy AG | 59,019 | 261 |
New Work SE | 985 | 257 | |
Hornbach Holding AG & Co. KGaA | 2,609 | 251 |
38 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Krones AG | 4,377 | 250 | |
*,1 | Deutsche Pfandbriefbank AG | 39,937 | 244 |
Draegerwerk AG & Co. KGaA Preference Shares | 2,998 | 241 | |
Dermapharm Holding SE | 4,511 | 219 | |
* | Deutz AG | 42,585 | 219 |
* | Deutsche EuroShop AG | 16,854 | 213 |
BayWa AG | 6,589 | 204 | |
Indus Holding AG | 6,378 | 189 | |
DIC Asset AG | 15,277 | 176 | |
Deutsche Beteiligungs AG | 5,248 | 171 | |
* | Salzgitter AG | 11,432 | 166 |
^ | Bilfinger SE | 8,961 | 164 |
* | Washtec AG | 3,585 | 159 |
Wuestenrot & Wuerttembergische AG | 9,451 | 157 | |
Schaeffler AG Preference Shares | 25,418 | 155 | |
* | SMA Solar Technology AG | 3,151 | 136 |
Hamburger Hafen und Logistik AG | 8,088 | 136 | |
* | Wacker Neuson SE | 7,364 | 135 |
* | Vossloh AG | 3,545 | 130 |
* | ElringKlinger AG | 11,374 | 115 |
* | Kloeckner & Co. SE | 19,462 | 109 |
* | Takkt AG | 10,249 | 109 |
* | Koenig & Bauer AG | 5,007 | 103 |
TUI AG (XETR) | 23,341 | 92 | |
CropEnergies AG | 6,524 | 89 | |
TLG Immobilien AG | 4,553 | 81 | |
Hornbach Baumarkt AG | 1,352 | 53 | |
* | Corestate Capital Holding SA | 3,253 | 47 |
* | SGL Carbon SE | 13,210 | 42 |
Bertrandt AG | 1,140 | 39 | |
458,294 | |||
Greece (0.0%) | |||
Hellenic Telecommunications Organization SA ADR | 117,615 | 766 | |
Opap SA | 64,589 | 523 | |
Jumbo SA | 35,920 | 503 | |
Mytilineos SA | 35,506 | 390 | |
Hellenic Telecommunications Organization SA | 25,310 | 336 | |
* | Eurobank Ergasias Services and Holdings SA | 875,225 | 293 |
* | Public Power Corp. SA | 45,298 | 254 |
* | Alpha Bank AE | 450,992 | 229 |
* | National Bank of Greece SA | 176,482 | 186 |
Terna Energy SA | 13,243 | 176 | |
Motor Oil Hellas Corinth Refineries SA | 16,996 | 159 | |
* | Ellaktor SA | 89,428 | 140 |
* | LAMDA Development SA | 22,404 | 132 |
Hellenic Petroleum SA | 24,209 | 119 | |
Viohalco SA | 35,271 | 116 | |
* | GEK Terna Holding Real Estate Construction SA | 15,796 | 107 |
Sarantis SA | 9,960 | 98 | |
*,§ | FF Group | 12,862 | 72 |
* | Piraeus Bank SA | 93,220 | 72 |
Athens Water Supply & Sewage Co. SA | 8,644 | 67 | |
Holding Co. ADMIE IPTO SA | 26,431 | 65 | |
* | Fourlis Holdings SA | 16,670 | 64 |
Hellenic Exchanges SA | 17,966 | 53 | |
* | Aegean Airlines SA | 12,797 | 40 |
4,960 | |||
Hong Kong (0.9%) | |||
AIA Group Ltd. | 4,268,382 | 40,623 | |
Hong Kong Exchanges & Clearing Ltd. | 448,024 | 21,469 | |
Sun Hung Kai Properties Ltd. | 501,982 | 6,461 | |
Techtronic Industries Co. Ltd. | 446,000 | 6,007 | |
CK Hutchison Holdings Ltd. | 950,891 | 5,743 | |
Link REIT | 731,890 | 5,586 |
39 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
CLP Holdings Ltd. | 580,580 | 5,350 | |
Hong Kong & China Gas Co. Ltd. | 3,658,967 | 5,279 | |
Galaxy Entertainment Group Ltd. | 756,000 | 4,996 | |
CK Asset Holdings Ltd. | 948,427 | 4,404 | |
Hang Seng Bank Ltd. | 251,451 | 3,874 | |
BOC Hong Kong Holdings Ltd. | 1,277,200 | 3,547 | |
Jardine Matheson Holdings Ltd. | 75,162 | 3,332 | |
Sands China Ltd. | 845,200 | 2,966 | |
Power Assets Holdings Ltd. | 492,000 | 2,534 | |
MTR Corp. Ltd. | 510,326 | 2,529 | |
1 | WH Group Ltd. | 3,097,684 | 2,440 |
* | New World Development Co. Ltd. | 506,306 | 2,417 |
Wharf Real Estate Investment Co. Ltd. | 604,600 | 2,327 | |
Hang Lung Properties Ltd. | 721,000 | 1,755 | |
1 | Budweiser Brewing Co. APAC Ltd. | 591,300 | 1,744 |
Lenovo Group Ltd. | 2,650,000 | 1,664 | |
Xinyi Glass Holdings Ltd. | 736,000 | 1,616 | |
Henderson Land Development Co. Ltd. | 452,896 | 1,600 | |
Hongkong Land Holdings Ltd. | 416,200 | 1,528 | |
Jardine Strategic Holdings Ltd. | 65,995 | 1,429 | |
Want Want China Holdings Ltd. | 2,073,467 | 1,373 | |
^ | Sino Land Co. Ltd. | 1,152,279 | 1,366 |
*,1 | ESR Cayman Ltd. | 446,218 | 1,348 |
AAC Technologies Holdings Inc. | 240,500 | 1,264 | |
Tingyi Cayman Islands Holding Corp. | 684,000 | 1,252 | |
Vitasoy International Holdings Ltd. | 276,332 | 1,118 | |
Wharf Holdings Ltd. | 538,600 | 1,115 | |
Minth Group Ltd. | 268,000 | 1,109 | |
CK Infrastructure Holdings Ltd. | 230,000 | 1,085 | |
ASM Pacific Technology Ltd. | 107,422 | 1,083 | |
Swire Properties Ltd. | 363,846 | 976 | |
PCCW Ltd. | 1,556,000 | 936 | |
Sun Art Retail Group Ltd. | 810,579 | 878 | |
Bank of East Asia Ltd. | 447,072 | 807 | |
Chow Tai Fook Jewellery Group Ltd. | 609,000 | 778 | |
* | Prada SpA | 190,400 | 754 |
Swire Pacific Ltd. Class A | 163,642 | 746 | |
* | Wynn Macau Ltd. | 535,200 | 739 |
Hysan Development Co. Ltd. | 226,000 | 720 | |
SJM Holdings Ltd. | 656,000 | 681 | |
Man Wah Holdings Ltd. | 469,200 | 655 | |
Hang Lung Group Ltd. | 291,000 | 646 | |
SITC International Holdings Co. Ltd. | 416,000 | 643 | |
Microport Scientific Corp. | 172,852 | 611 | |
*,1 | JS Global Lifestyle Co. Ltd. | 313,500 | 564 |
NagaCorp Ltd. | 518,000 | 536 | |
Kerry Properties Ltd. | 210,500 | 516 | |
1 | BOC Aviation Ltd. | 79,100 | 490 |
Yue Yuen Industrial Holdings Ltd. | 271,000 | 441 | |
*,1 | Samsonite International SA | 421,196 | 430 |
HKBN Ltd. | 247,189 | 428 | |
Lee & Man Paper Manufacturing Ltd. | 549,000 | 416 | |
Uni-President China Holdings Ltd. | 468,800 | 406 | |
NWS Holdings Ltd. | 462,500 | 406 | |
Dairy Farm International Holdings Ltd. | 107,700 | 406 | |
Melco International Development Ltd. | 245,000 | 398 | |
Kerry Logistics Network Ltd. | 185,500 | 387 | |
Fortune REIT | 433,923 | 362 | |
*,1 | Razer Inc. | 1,149,000 | 345 |
VTech Holdings Ltd. | 51,800 | 344 | |
United Energy Group Ltd. | 2,486,000 | 338 | |
^ | MGM China Holdings Ltd. | 239,600 | 316 |
IGG Inc. | 288,000 | 312 | |
Luk Fook Holdings International Ltd. | 126,000 | 308 |
40 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Swire Pacific Ltd. Class B | 370,000 | 301 | |
Champion REIT | 608,000 | 295 | |
First Pacific Co. Ltd. | 901,200 | 280 | |
* | Shangri-La Asia Ltd. | 331,519 | 261 |
* | Glory Sun Financial Group Ltd. | 5,420,000 | 259 |
* | Cathay Pacific Airways Ltd. | 373,090 | 254 |
L'Occitane International SA | 138,250 | 253 | |
Cafe de Coral Holdings Ltd. | 116,000 | 240 | |
* | Hong Kong Television Network Ltd. | 160,000 | 238 |
K Wah International Holdings Ltd. | 490,000 | 233 | |
^ | Huabao International Holdings Ltd. | 256,000 | 232 |
Johnson Electric Holdings Ltd. | 110,250 | 228 | |
Haitong International Securities Group Ltd. | 988,038 | 225 | |
Nexteer Automotive Group Ltd. | 269,000 | 225 | |
Pacific Basin Shipping Ltd. | 1,483,000 | 217 | |
Vinda International Holdings Ltd. | 79,599 | 211 | |
CITIC Telecom International Holdings Ltd. | 649,500 | 206 | |
Shun Tak Holdings Ltd. | 604,000 | 177 | |
Sunlight REIT | 410,000 | 177 | |
*,1 | AsiaInfo Technologies Ltd. | 124,800 | 172 |
*,^ | MMG Ltd. | 690,117 | 164 |
* | Leyou Technologies Holdings Ltd. | 365,000 | 154 |
* | Pou Sheng International Holdings Ltd. | 672,000 | 154 |
United Laboratories International Holdings Ltd. | 178,000 | 153 | |
Towngas China Co. Ltd. | 332,000 | 151 | |
Shui On Land Ltd. | 1,104,500 | 146 | |
^,1 | Xiabuxiabu Catering Management China Holdings Co. Ltd. | 85,000 | 145 |
Pacific Textiles Holdings Ltd. | 254,000 | 145 | |
Road King Infrastructure Ltd. | 120,000 | 143 | |
* | Lifestyle International Holdings Ltd. | 179,000 | 141 |
Stella International Holdings Ltd. | 136,500 | 140 | |
Dah Sing Financial Holdings Ltd. | 55,744 | 139 | |
Value Partners Group Ltd. | 313,000 | 137 | |
Prosperity REIT | 471,000 | 134 | |
Asia Cement China Holdings Corp. | 142,500 | 131 | |
* | Cosmopolitan International Holdings Ltd. | 732,000 | 131 |
SUNeVision Holdings Ltd. | 147,000 | 129 | |
Canvest Environmental Protection Group Co. Ltd. | 291,000 | 124 | |
Far East Consortium International Ltd. | 401,000 | 119 | |
*,§ | Superb Summit International Group Ltd. | 620,000 | 117 |
* | China Travel International Investment Hong Kong Ltd. | 864,000 | 111 |
Guotai Junan International Holdings Ltd. | 860,000 | 110 | |
*,^ | FIH Mobile Ltd. | 1,002,000 | 110 |
*,^,1 | FIT Hon Teng Ltd. | 279,000 | 109 |
* | Apollo Future Mobility Group Ltd. | 1,824,000 | 101 |
VSTECS Holdings Ltd. | 158,000 | 99 | |
Dah Sing Banking Group Ltd. | 113,537 | 98 | |
*,^ | Esprit Holdings Ltd. | 900,346 | 93 |
*,1 | VPower Group International Holdings Ltd. | 259,000 | 93 |
SmarTone Telecommunications Holdings Ltd. | 172,000 | 93 | |
Beijing Tong Ren Tang Chinese Medicine Co. Ltd. | 86,000 | 89 | |
Hutchison Telecommunications Hong Kong Holdings Ltd. | 570,000 | 85 | |
*,1 | Frontage Holdings Corp. | 186,000 | 82 |
Television Broadcasts Ltd. | 98,900 | 79 | |
*,§ | Town Health International Medical Group Ltd. | 870,000 | 77 |
1 | Crystal International Group Ltd. | 275,500 | 76 |
Dynam Japan Holdings Co. Ltd. | 72,400 | 74 | |
Chinese Estates Holdings Ltd. | 147,000 | 74 | |
* | C-Mer Eye Care Holdings Ltd. | 108,000 | 73 |
* | China LNG Group Ltd. | 870,000 | 70 |
*,§ | Convoy Global Holdings Ltd. | 3,102,000 | 67 |
* | Suncity Group Holdings Ltd. | 670,000 | 66 |
* | New World Department Store China Ltd. | 435,000 | 66 |
*,^ | SA Sa International Holdings Ltd. | 455,995 | 65 |
41 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Sun Hung Kai & Co. Ltd. | 165,000 | 64 | |
Texhong Textile Group Ltd. | 79,500 | 61 | |
* | Oshidori International Holdings Ltd. | 631,800 | 57 |
Giordano International Ltd. | 354,000 | 56 | |
Chow Sang Sang Holdings International Ltd. | 46,000 | 50 | |
* | CITIC Resources Holdings Ltd. | 1,238,000 | 49 |
Texwinca Holdings Ltd. | 292,000 | 44 | |
1 | IMAX China Holding Inc. | 27,100 | 44 |
* | Truly International Holdings Ltd. | 360,000 | 41 |
* | Digital Domain Holdings Ltd. | 6,410,000 | 38 |
* | G-Resources Group Ltd. | 6,057,600 | 28 |
* | Macau Legend Development Ltd. | 186,000 | 25 |
Shenwan Hongyuan HK Ltd. | 225,000 | 25 | |
* | GCL New Energy Holdings Ltd. | 1,670,000 | 25 |
Singamas Container Holdings Ltd. | 548,000 | 23 | |
*,§ | Long Well International Holdings Ltd. | 1,348,000 | 21 |
*,§ | Camsing International Holding Ltd. | 130,000 | 19 |
* | NewOcean Energy Holdings Ltd. | 162,000 | 14 |
* | Landing International Development Ltd. | 439,700 | 12 |
*,§ | Brightoil Petroleum Holdings Ltd. | 426,340 | 11 |
* | Lifestyle China Group Ltd. | 81,500 | 11 |
* | Emperor Capital Group Ltd. | 654,000 | 10 |
* | Emperor Watch & Jewellery Ltd. | 680,000 | 8 |
*,§ | Agritrade Resources Ltd. | 735,000 | 8 |
*,§ | Tech Pro Technology Development Ltd. | 833,600 | 7 |
* | China Animal Health Ltd. | 84,000 | 6 |
NOVA Group Holdings Ltd. Class A | 50,000 | 1 | |
*,§ | Legend Holdings Corp. Rights | 8,684 | — |
* | Jiayuan International Group Ltd. Rights | 6,682 | — |
184,351 | |||
Hungary (0.0%) | |||
* | OTP Bank Nyrt | 81,434 | 2,540 |
Richter Gedeon Nyrt | 48,919 | 999 | |
* | MOL Hungarian Oil & Gas plc | 150,192 | 729 |
Magyar Telekom Telecommunications plc | 106,612 | 118 | |
* | Opus Global Nyrt | 85,838 | 55 |
4,441 | |||
India (1.2%) | |||
1 | Reliance Industries Ltd. GDR | 298,405 | 16,436 |
Housing Development Finance Corp. Ltd. | 615,389 | 15,965 | |
Reliance Industries Ltd. | 499,397 | 13,846 | |
Tata Consultancy Services Ltd. | 335,694 | 12,099 | |
Infosys Ltd. | 651,966 | 9,341 | |
Infosys Ltd. ADR | 646,513 | 9,226 | |
Hindustan Unilever Ltd. | 316,605 | 8,852 | |
* | Axis Bank Ltd. | 796,534 | 5,280 |
HCL Technologies Ltd. | 399,286 | 4,543 | |
Maruti Suzuki India Ltd. | 43,509 | 4,087 | |
Bharti Airtel Ltd. | 602,463 | 3,523 | |
Asian Paints Ltd. | 114,873 | 3,426 | |
Bajaj Finance Ltd. | 67,585 | 3,015 | |
* | ICICI Bank Ltd. | 542,595 | 2,854 |
UltraTech Cement Ltd. | 41,349 | 2,550 | |
Sun Pharmaceutical Industries Ltd. | 397,012 | 2,493 | |
ITC Ltd. | 1,059,590 | 2,368 | |
Dr Reddy's Laboratories Ltd. | 33,118 | 2,182 | |
Nestle India Ltd. | 9,205 | 2,130 | |
Tech Mahindra Ltd. | 174,262 | 1,919 | |
*,1 | HDFC Life Insurance Co. Ltd. | 239,988 | 1,909 |
Mahindra & Mahindra Ltd. | 233,212 | 1,867 | |
Larsen & Toubro Ltd. | 148,674 | 1,863 | |
Titan Co. Ltd. | 117,897 | 1,856 | |
Bharat Petroleum Corp. Ltd. | 365,427 | 1,747 |
42 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
*,1 | Avenue Supermarts Ltd. | 52,552 | 1,589 |
* | Adani Green Energy Ltd. | 137,075 | 1,583 |
Power Grid Corp. of India Ltd. | 680,147 | 1,569 | |
JSW Steel Ltd. | 352,180 | 1,471 | |
Divi's Laboratories Ltd. | 33,916 | 1,437 | |
* | State Bank of India GDR | 55,035 | 1,397 |
Cipla Ltd. | 137,050 | 1,394 | |
Hero MotoCorp Ltd. | 35,802 | 1,351 | |
Adani Ports & Special Economic Zone Ltd. | 268,428 | 1,302 | |
*,1 | SBI Life Insurance Co. Ltd. | 124,792 | 1,295 |
Eicher Motors Ltd. | 45,390 | 1,277 | |
Dabur India Ltd. | 181,560 | 1,253 | |
Grasim Industries Ltd. | 119,302 | 1,253 | |
Info Edge India Ltd. | 25,535 | 1,222 | |
NTPC Ltd. | 1,018,661 | 1,204 | |
Britannia Industries Ltd. | 25,526 | 1,195 | |
*,1 | ICICI Lombard General Insurance Co. Ltd. | 71,647 | 1,194 |
Godrej Consumer Products Ltd. | 130,325 | 1,171 | |
Bajaj Auto Ltd. | 29,183 | 1,137 | |
UPL Ltd. | 181,207 | 1,107 | |
*,1 | Bandhan Bank Ltd. | 275,872 | 1,073 |
Bajaj Finserv Ltd. | 14,093 | 1,059 | |
Apollo Hospitals Enterprise Ltd. | 33,908 | 969 | |
Aurobindo Pharma Ltd. | 92,172 | 961 | |
Oil & Natural Gas Corp. Ltd. | 1,067,871 | 935 | |
Wipro Ltd. | 203,506 | 933 | |
Lupin Ltd. | 75,232 | 923 | |
Shree Cement Ltd. | 3,125 | 915 | |
Tata Consumer Products Ltd. | 137,367 | 913 | |
Pidilite Industries Ltd. | 41,877 | 887 | |
Ambuja Cements Ltd. | 242,595 | 849 | |
Havells India Ltd. | 84,883 | 833 | |
Hindalco Industries Ltd. | 358,718 | 828 | |
Bharti Infratel Ltd. | 322,528 | 807 | |
Indian Oil Corp. Ltd. | 729,208 | 783 | |
Marico Ltd. | 159,481 | 768 | |
Tata Steel Ltd. | 136,997 | 761 | |
Zee Entertainment Enterprises Ltd. | 299,569 | 759 | |
Coal India Ltd. | 488,859 | 752 | |
Vedanta Ltd. | 558,328 | 722 | |
* | Biocon Ltd. | 130,196 | 709 |
Jubilant Foodworks Ltd. | 23,679 | 694 | |
* | United Spirits Ltd. | 101,437 | 690 |
Piramal Enterprises Ltd. | 40,453 | 688 | |
Berger Paints India Ltd. | 80,001 | 672 | |
PI Industries Ltd. | 22,514 | 667 | |
Ipca Laboratories Ltd. | 20,681 | 645 | |
Indraprastha Gas Ltd. | 117,921 | 640 | |
* | Tata Motors Ltd. | 356,773 | 634 |
Muthoot Finance Ltd. | 37,739 | 627 | |
1 | Larsen & Toubro Infotech Ltd. | 15,166 | 598 |
* | Crompton Greaves Consumer Electricals Ltd. | 147,976 | 598 |
Shriram Transport Finance Co. Ltd. | 62,583 | 585 | |
*,1 | InterGlobe Aviation Ltd. | 32,904 | 581 |
Petronet LNG Ltd. | 183,076 | 570 | |
Torrent Pharmaceuticals Ltd. | 16,278 | 564 | |
Embassy Office Parks REIT | 119,000 | 553 | |
*,1 | ICICI Prudential Life Insurance Co. Ltd. | 99,704 | 542 |
*,1 | AU Small Finance Bank Ltd. | 51,472 | 539 |
* | SBI Cards & Payment Services Ltd. | 48,038 | 518 |
Balkrishna Industries Ltd. | 28,357 | 515 | |
1 | HDFC Asset Management Co. Ltd. | 16,818 | 510 |
Cadila Healthcare Ltd. | 90,510 | 510 | |
Colgate-Palmolive India Ltd. | 24,743 | 506 |
43 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Hindustan Petroleum Corp. Ltd. | 198,203 | 502 | |
Mphasis Ltd. | 26,879 | 501 | |
GAIL India Ltd. | 416,740 | 476 | |
Motherson Sumi Systems Ltd. | 333,973 | 475 | |
* | Atul Ltd. | 5,766 | 467 |
MRF Ltd. | 525 | 462 | |
Siemens Ltd. | 27,006 | 462 | |
1 | Laurus Labs Ltd. | 102,040 | 439 |
Container Corp. Of India Ltd. | 81,484 | 429 | |
Voltas Ltd. | 45,028 | 428 | |
Page Industries Ltd. | 1,580 | 428 | |
DLF Ltd. | 197,457 | 421 | |
Adani Enterprises Ltd. | 91,233 | 419 | |
* | Jindal Steel & Power Ltd. | 161,285 | 418 |
1 | Dr Lal PathLabs Ltd. | 13,127 | 407 |
Natco Pharma Ltd. | 33,078 | 402 | |
Bosch Ltd. | 2,548 | 398 | |
Oracle Financial Services Software Ltd. | 9,311 | 395 | |
Escorts Ltd. | 24,205 | 392 | |
* | IDFC Bank | 942,470 | 388 |
Ashok Leyland Ltd. | 364,793 | 388 | |
* | Mahindra & Mahindra Financial Services Ltd. | 229,981 | 379 |
Bharat Forge Ltd. | 62,280 | 379 | |
* | Dixon Technologies India Ltd. | 3,013 | 378 |
* | Tata Elxsi Ltd. | 17,845 | 370 |
Navin Fluorine International Ltd. | 12,037 | 364 | |
Pfizer Ltd. | 5,399 | 363 | |
Mindtree Ltd. | 19,869 | 357 | |
* | Federal Bank Ltd. | 519,946 | 353 |
1 | RBL Bank Ltd. | 149,852 | 352 |
LIC Housing Finance Ltd. | 91,850 | 350 | |
* | Godrej Properties Ltd. | 24,303 | 339 |
ACC Ltd. | 15,091 | 335 | |
REC Ltd. | 241,719 | 335 | |
* | Max Financial Services Ltd. | 41,572 | 331 |
* | Fortis Healthcare Ltd. | 192,818 | 327 |
* | Vodafone Idea Ltd. | 2,755,378 | 325 |
Granules India Ltd. | 62,770 | 325 | |
Manappuram Finance Ltd. | 154,066 | 323 | |
Glenmark Pharmaceuticals Ltd. | 49,986 | 320 | |
Kansai Nerolac Paints Ltd. | 45,268 | 314 | |
Whirlpool of India Ltd. | 10,912 | 312 | |
Tata Communications Ltd. | 24,798 | 312 | |
Supreme Industries Ltd. | 15,903 | 310 | |
Alkem Laboratories Ltd. | 8,685 | 309 | |
Cholamandalam Investment and Finance Co. Ltd. | 83,289 | 307 | |
Power Finance Corp. Ltd. | 260,225 | 306 | |
*,1 | Syngene International Ltd. | 41,990 | 303 |
GlaxoSmithKline Pharmaceuticals Ltd. | 15,254 | 301 | |
Bharat Electronics Ltd. | 253,783 | 297 | |
Bajaj Holdings & Investment Ltd. | 9,560 | 297 | |
Sanofi India Ltd. | 2,753 | 297 | |
Coromandel International Ltd. | 30,238 | 296 | |
United Breweries Ltd. | 23,649 | 295 | |
* | Rajesh Exports Ltd. | 46,732 | 291 |
AIA Engineering Ltd. | 12,648 | 290 | |
NMDC Ltd. | 253,899 | 282 | |
Gillette India Ltd. | 3,935 | 281 | |
Adani Gas Ltd. | 93,253 | 278 | |
* | Tata Motors Ltd. Class A | 350,021 | 262 |
Sundaram Finance Ltd. | 13,338 | 261 | |
Bayer CropScience Ltd. | 3,535 | 260 | |
Aarti Industries Ltd. | 18,707 | 252 | |
Emami Ltd. | 51,527 | 251 |
44 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Castrol India Ltd. | 158,847 | 244 | |
City Union Bank Ltd. | 121,977 | 243 | |
Gujarat Gas Ltd. | 60,218 | 241 | |
SRF Ltd. | 4,045 | 241 | |
* | Deepak Nitrite Ltd. | 24,038 | 241 |
ABB India Ltd. | 19,787 | 238 | |
Alembic Pharmaceuticals Ltd. | 18,294 | 238 | |
JB Chemicals & Pharmaceuticals Ltd. | 17,084 | 232 | |
Indian Hotels Co. Ltd. | 180,284 | 232 | |
*,1 | Metropolis Healthcare Ltd. | 8,691 | 231 |
Tata Power Co. Ltd. | 326,317 | 230 | |
NHPC Ltd. | 856,556 | 230 | |
Jubilant Life Sciences Ltd. | 23,147 | 227 | |
Torrent Power Ltd. | 52,164 | 220 | |
Indiabulls Housing Finance Ltd. | 114,214 | 216 | |
TVS Motor Co. Ltd. | 35,146 | 215 | |
Kajaria Ceramics Ltd. | 27,979 | 215 | |
* | APL Apollo Tubes Ltd. | 5,020 | 213 |
* | Bank of Baroda | 377,709 | 212 |
Ajanta Pharma Ltd. | 9,969 | 211 | |
*,1 | Quess Corp. Ltd. | 37,927 | 210 |
* | State Bank of India | 81,983 | 209 |
* | Oberoi Realty Ltd. | 34,884 | 208 |
Ramco Cements Ltd. | 19,370 | 208 | |
Birlasoft Ltd. | 83,079 | 201 | |
Can Fin Homes Ltd. | 32,421 | 200 | |
Persistent Systems Ltd. | 12,575 | 197 | |
Varun Beverages Ltd. | 22,253 | 196 | |
Dalmia Bharat Ltd. | 16,928 | 192 | |
Infibeam Avenues Ltd. | 169,738 | 192 | |
* | 3M India Ltd. | 754 | 190 |
* | GMR Infrastructure Ltd. | 599,649 | 189 |
* | Phoenix Mills Ltd. | 24,155 | 188 |
Astral Poly Technik Ltd. | 12,371 | 187 | |
Bata India Ltd. | 10,459 | 186 | |
Coforge Ltd. | 6,173 | 184 | |
* | Amber Enterprises India Ltd. | 6,185 | 182 |
KEC International Ltd. | 41,153 | 180 | |
Redington India Ltd. | 101,779 | 178 | |
Sun TV Network Ltd. | 31,281 | 178 | |
Hindustan Zinc Ltd. | 64,711 | 178 | |
Blue Star Ltd. | 20,712 | 175 | |
1 | L&T Technology Services Ltd. | 7,735 | 174 |
Strides Pharma Science Ltd. | 18,473 | 172 | |
1 | Godrej Agrovet Ltd. | 24,636 | 171 |
1 | Nippon Life India Asset Management Ltd. | 46,479 | 170 |
* | Godrej Industries Ltd. | 34,381 | 170 |
JK Cement Ltd. | 6,641 | 166 | |
Suven Pharmaceuticals Ltd. | 38,922 | 165 | |
* | AstraZeneca Pharma India Ltd. | 2,814 | 163 |
Exide Industries Ltd. | 73,073 | 157 | |
TTK Prestige Ltd. | 2,023 | 156 | |
CESC Ltd. | 20,476 | 156 | |
L&T Finance Holdings Ltd. | 177,041 | 154 | |
PVR Ltd. | 10,331 | 149 | |
Relaxo Footwears Ltd. | 16,502 | 147 | |
* | Aditya Birla Capital Ltd. | 166,880 | 146 |
* | Schaeffler India Ltd. | 2,867 | 146 |
1 | ICICI Securities Ltd. | 23,274 | 145 |
Mahanagar Gas Ltd. | 13,229 | 145 | |
* | Adani Power Ltd. | 300,870 | 145 |
Sundram Fasteners Ltd. | 24,845 | 143 | |
CRISIL Ltd. | 5,099 | 142 | |
* | V-Mart Retail Ltd. | 5,403 | 141 |
45 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Tube Investments of India Ltd. | 15,922 | 141 | |
* | Aditya Birla Fashion and Retail Ltd. | 67,561 | 140 |
Cummins India Ltd. | 23,634 | 138 | |
Apollo Tyres Ltd. | 71,220 | 134 | |
Dhani Services Ltd. | 48,952 | 130 | |
*,1 | PNB Housing Finance Ltd. | 27,056 | 129 |
* | Aavas Financiers Ltd. | 6,655 | 128 |
* | Just Dial Ltd. | 14,505 | 128 |
Vinati Organics Ltd. | 7,740 | 126 | |
Aegis Logistics Ltd. | 45,022 | 126 | |
* | Steel Authority of India Ltd. | 268,026 | 125 |
Sumitomo Chemical India Ltd. | 34,549 | 124 | |
* | TeamLease Services Ltd. | 4,127 | 124 |
Indian Railway Catering & Tourism Corp. Ltd. | 6,837 | 121 | |
Gujarat State Petronet Ltd. | 45,862 | 119 | |
* | Punjab National Bank | 329,505 | 119 |
1 | Endurance Technologies Ltd. | 8,208 | 117 |
JSW Energy Ltd. | 144,094 | 117 | |
Amara Raja Batteries Ltd. | 11,187 | 116 | |
Gujarat Pipavav Port Ltd. | 96,665 | 115 | |
* | Bank of India | 217,534 | 113 |
Prestige Estates Projects Ltd. | 32,922 | 111 | |
Oil India Ltd. | 93,482 | 108 | |
Motilal Oswal Financial Services Ltd. | 14,216 | 108 | |
Minda Industries Ltd. | 24,329 | 105 | |
* | Procter & Gamble Health Ltd. | 1,511 | 105 |
Thermax Ltd. | 10,151 | 104 | |
Polycab India Ltd. | 8,364 | 104 | |
Bombay Burmah Trading Co. | 6,145 | 100 | |
Balrampur Chini Mills Ltd. | 46,302 | 100 | |
* | Canara Bank | 83,795 | 97 |
KRBL Ltd. | 28,058 | 97 | |
Ceat Ltd. | 6,232 | 92 | |
* | Edelweiss Financial Services Ltd. | 121,410 | 91 |
Radico Khaitan Ltd. | 15,140 | 89 | |
* | Union Bank of India | 270,719 | 88 |
* | Orient Electric Ltd. | 30,512 | 85 |
* | Bharat Heavy Electricals Ltd. | 226,638 | 85 |
* | Yes Bank Ltd. | 509,982 | 85 |
Welspun India Ltd. | 88,190 | 83 | |
* | Karnataka Bank Ltd. | 140,736 | 81 |
Symphony Ltd. | 7,065 | 81 | |
V-Guard Industries Ltd. | 34,743 | 80 | |
Gateway Distriparks Ltd. | 64,049 | 79 | |
Avanti Feeds Ltd. | 12,114 | 79 | |
* | Kaveri Seed Co. Ltd. | 11,057 | 76 |
IDFC Ltd. | 183,137 | 75 | |
IRB Infrastructure Developers Ltd. | 48,800 | 75 | |
* | Karur Vysya Bank Ltd. | 167,704 | 73 |
* | Hindustan Construction Co. Ltd. | 1,097,646 | 73 |
* | South Indian Bank Ltd. | 829,833 | 72 |
Chambal Fertilizers and Chemicals Ltd. | 32,741 | 72 | |
* | EID Parry India Ltd. | 19,195 | 71 |
* | Sun Pharma Advanced Research Co. Ltd. | 32,065 | 71 |
* | Timken India Ltd. | 4,667 | 68 |
DCM Shriram Ltd. | 14,632 | 67 | |
Great Eastern Shipping Co. Ltd. | 22,059 | 67 | |
* | IFCI Ltd. | 842,125 | 66 |
Engineers India Ltd. | 72,287 | 63 | |
* | Future Retail Ltd. | 65,433 | 63 |
* | DCB Bank Ltd. | 60,028 | 62 |
Multi Commodity Exchange of India Ltd. | 2,593 | 59 | |
Sterlite Technologies Ltd. | 29,075 | 58 | |
Vakrangee Ltd. | 149,459 | 57 |
46 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
NCC Ltd. | 124,641 | 57 | |
Rallis India Ltd. | 16,561 | 55 | |
JM Financial Ltd. | 51,633 | 55 | |
* | TV18 Broadcast Ltd. | 137,341 | 53 |
* | EIH Ltd. | 52,125 | 53 |
Welspun Corp. Ltd. | 36,272 | 53 | |
National Aluminium Co. Ltd. | 123,013 | 50 | |
Jindal Saw Ltd. | 61,019 | 50 | |
PTC India Ltd. | 76,646 | 49 | |
Finolex Cables Ltd. | 12,707 | 47 | |
* | Suzlon Energy Ltd. | 946,139 | 47 |
eClerx Services Ltd. | 4,918 | 46 | |
Sobha Ltd. | 11,615 | 46 | |
* | NBCC India Ltd. | 145,348 | 45 |
Rain Industries Ltd. | 30,380 | 43 | |
Bajaj Consumer Care Ltd. | 16,912 | 43 | |
Graphite India Ltd. | 17,663 | 42 | |
HEG Ltd. | 4,603 | 42 | |
1 | Dilip Buildcon Ltd. | 9,318 | 41 |
India Cements Ltd. | 24,791 | 40 | |
GE Power India Ltd. | 13,473 | 37 | |
Care Ratings Ltd. | 8,295 | 33 | |
Cholamandalam Financial Holdings Ltd. | 6,233 | 33 | |
* | Mahindra CIE Automotive Ltd. | 17,526 | 33 |
Century Textiles & Industries Ltd. | 7,450 | 31 | |
* | Raymond Ltd. | 8,316 | 31 |
* | Wockhardt Ltd. | 5,121 | 20 |
* | Indiabulls Real Estate Ltd. | 28,788 | 18 |
* | Mangalore Refinery & Petrochemicals Ltd. | 45,416 | 18 |
* | Hemisphere Properties India Ltd. | 17,873 | 16 |
* | Future Consumer Ltd. | 143,258 | 14 |
* | Central Bank of India | 79,029 | 12 |
*,§ | Amtek Auto Ltd. | 7,896 | — |
235,838 | |||
Indonesia (0.2%) | |||
Bank Central Asia Tbk PT | 3,442,104 | 6,773 | |
Bank Rakyat Indonesia Persero Tbk PT | 18,924,290 | 4,284 | |
Telekomunikasi Indonesia Persero Tbk PT | 16,662,640 | 2,950 | |
Astra International Tbk PT | 7,194,830 | 2,627 | |
Bank Mandiri Persero Tbk PT | 6,729,832 | 2,621 | |
Unilever Indonesia Tbk PT | 2,123,200 | 1,127 | |
Charoen Pokphand Indonesia Tbk PT | 2,727,000 | 1,074 | |
Bank Negara Indonesia Persero Tbk PT | 2,766,230 | 880 | |
United Tractors Tbk PT | 560,260 | 800 | |
Semen Indonesia Persero Tbk PT | 1,111,700 | 720 | |
Indofood Sukses Makmur Tbk PT | 1,490,900 | 706 | |
Kalbe Farma Tbk PT | 6,620,500 | 687 | |
Sarana Menara Nusantara Tbk PT | 8,893,600 | 596 | |
Indah Kiat Pulp & Paper Corp. Tbk PT | 893,400 | 547 | |
Indofood CBP Sukses Makmur Tbk PT | 787,900 | 518 | |
* | Gudang Garam Tbk PT | 185,500 | 517 |
* | Barito Pacific Tbk PT | 6,533,500 | 396 |
Indocement Tunggal Prakarsa Tbk PT | 467,900 | 386 | |
* | Mitra Keluarga Karyasehat Tbk PT | 1,955,700 | 350 |
Tower Bersama Infrastructure Tbk PT | 3,338,000 | 338 | |
Adaro Energy Tbk PT | 3,993,500 | 303 | |
Hanjaya Mandala Sampoerna Tbk PT | 2,999,700 | 286 | |
Ciputra Development Tbk PT | 5,047,430 | 278 | |
Ace Hardware Indonesia Tbk PT | 2,595,300 | 277 | |
Perusahaan Gas Negara Tbk PT | 3,567,300 | 256 | |
* | Vale Indonesia Tbk PT | 924,200 | 253 |
* | Pakuwon Jati Tbk PT | 7,083,400 | 198 |
Bank BTPN Syariah Tbk PT | 728,600 | 182 | |
Aneka Tambang Tbk PT | 2,541,300 | 181 |
47 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Surya Citra Media Tbk PT | 1,789,200 | 179 | |
* | Summarecon Agung Tbk PT | 4,045,500 | 178 |
* | Lippo Karawaci Tbk PT | 19,524,292 | 177 |
Pabrik Kertas Tjiwi Kimia Tbk PT | 430,000 | 176 | |
* | Bumi Serpong Damai Tbk PT | 2,801,100 | 167 |
Bukit Asam Tbk PT | 1,246,200 | 163 | |
Jasa Marga Persero Tbk PT | 677,017 | 163 | |
XL Axiata Tbk PT | 1,192,400 | 163 | |
Japfa Comfeed Indonesia Tbk PT | 2,204,700 | 159 | |
Bank Tabungan Negara Persero Tbk PT | 1,289,700 | 120 | |
AKR Corporindo Tbk PT | 616,900 | 112 | |
* | Mitra Adiperkasa Tbk PT | 2,405,000 | 106 |
* | Medco Energi Internasional Tbk PT | 3,935,581 | 101 |
* | Media Nusantara Citra Tbk PT | 1,784,200 | 100 |
Wijaya Karya Persero Tbk PT | 1,149,145 | 93 | |
Indo Tambangraya Megah Tbk PT | 142,300 | 78 | |
* | Timah Tbk PT | 1,216,300 | 67 |
Waskita Karya Persero Tbk PT | 1,299,774 | 65 | |
* | Matahari Department Store Tbk PT | 925,000 | 62 |
Astra Agro Lestari Tbk PT | 82,055 | 60 | |
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT | 812,600 | 59 | |
* | Smartfren Telecom Tbk PT | 12,110,400 | 57 |
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT | 725,400 | 48 | |
Ramayana Lestari Sentosa Tbk PT | 1,190,900 | 46 | |
* | Siloam International Hospitals Tbk PT | 120,783 | 41 |
* | Sentul City Tbk PT | 10,439,876 | 36 |
* | Panin Financial Tbk PT | 2,747,500 | 35 |
*,§ | Trada Alam Minera Tbk PT | 10,114,628 | 35 |
PP Persero Tbk PT | 528,300 | 32 | |
Bank Danamon Indonesia Tbk PT | 189,500 | 31 | |
* | Alam Sutera Realty Tbk PT | 2,990,900 | 31 |
* | Kresna Graha Investama Tbk PT | 4,091,300 | 24 |
* | Global Mediacom Tbk PT | 1,211,000 | 19 |
* | Bank Pan Indonesia Tbk PT | 349,500 | 18 |
Surya Semesta Internusa Tbk PT | 487,300 | 16 | |
* | Eagle High Plantations Tbk PT | 2,054,500 | 13 |
* | Totalindo Eka Persada Tbk PT | 1,355,400 | 5 |
34,146 | |||
Ireland (0.1%) | |||
Kerry Group plc Class A | 55,027 | 6,587 | |
* | Kingspan Group plc | 54,314 | 4,740 |
* | ICON plc | 18,706 | 3,373 |
* | Bank of Ireland Group plc | 303,363 | 753 |
Glanbia plc | 67,035 | 638 | |
* | AIB Group plc | 271,052 | 306 |
Hibernia REIT plc | 228,817 | 277 | |
* | C&C Group plc | 116,065 | 243 |
* | Cairn Homes plc | 205,327 | 188 |
* | Irish Continental Group plc | 49,543 | 182 |
* | Dalata Hotel Group plc | 55,774 | 157 |
CRH plc (XDUB) | 2,038 | 71 | |
*,§ | Irish Bank Resolution Corp. Ltd. | 14,385 | — |
17,515 | |||
Israel (0.1%) | |||
* | Nice Ltd. | 22,174 | 5,043 |
* | Teva Pharmaceutical Industries Ltd. | 357,686 | 3,096 |
Bank Leumi Le-Israel BM | 529,634 | 2,496 | |
* | Bank Hapoalim BM | 400,694 | 2,339 |
Israel Discount Bank Ltd. Class A | 426,978 | 1,195 | |
Elbit Systems Ltd. | 9,011 | 1,015 | |
Mizrahi Tefahot Bank Ltd. | 44,872 | 875 | |
ICL Group Ltd. | 233,390 | 847 | |
* | Bezeq The Israeli Telecommunication Corp. Ltd. | 688,384 | 776 |
* | Tower Semiconductor Ltd. | 36,744 | 754 |
48 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Azrieli Group Ltd. | 13,566 | 637 | |
* | Nova Measuring Instruments Ltd. | 10,507 | 596 |
Strauss Group Ltd. | 14,877 | 429 | |
Mivne Real Estate KD Ltd. | 223,502 | 427 | |
First International Bank Of Israel Ltd. | 17,322 | 383 | |
Shufersal Ltd. | 46,489 | 350 | |
Alony Hetz Properties & Investments Ltd. | 34,791 | 349 | |
* | Shikun & Binui Ltd. | 70,237 | 327 |
Paz Oil Co. Ltd. | 3,400 | 314 | |
* | Enlight Renewable Energy Ltd. | 161,295 | 303 |
* | Airport City Ltd. | 27,424 | 297 |
Matrix IT Ltd. | 12,675 | 290 | |
* | Shapir Engineering and Industry Ltd. | 42,926 | 289 |
* | Harel Insurance Investments & Financial Services Ltd. | 36,575 | 266 |
Melisron Ltd. | 7,323 | 265 | |
* | Energix-Renewable Energies Ltd. | 59,170 | 251 |
Electra Ltd. | 555 | 241 | |
Sapiens International Corp. NV | 8,349 | 231 | |
Maytronics Ltd. | 15,049 | 229 | |
Reit 1 Ltd. | 59,052 | 224 | |
Formula Systems 1985 Ltd. | 2,809 | 222 | |
* | Phoenix Holdings Ltd. | 38,113 | 200 |
Danel Adir Yeoshua Ltd. | 1,567 | 196 | |
AudioCodes Ltd. | 6,385 | 192 | |
Rami Levy Chain Stores Hashikma Marketing 2006 Ltd. | 2,924 | 190 | |
Hilan Ltd. | 4,211 | 187 | |
Amot Investments Ltd. | 39,544 | 181 | |
Isracard Ltd. | 62,873 | 177 | |
* | Clal Insurance Enterprises Holdings Ltd. | 14,817 | 150 |
Bayside Land Corp. | 21,000 | 146 | |
Mega Or Holdings Ltd. | 5,628 | 145 | |
FIBI Holdings Ltd. | 5,434 | 137 | |
* | Israel Corp. Ltd. | 1,223 | 137 |
* | AFI Properties Ltd. | 5,687 | 136 |
* | Menora Mivtachim Holdings Ltd. | 9,950 | 134 |
* | Cellcom Israel Ltd. (Registered) | 32,887 | 127 |
* | Kamada Ltd. | 17,290 | 124 |
Gazit-Globe Ltd. | 29,496 | 122 | |
* | Big Shopping Centers Ltd. | 1,527 | 116 |
* | Equital Ltd. | 5,802 | 108 |
* | Partner Communications Co. Ltd. | 25,426 | 99 |
* | Allot Ltd. | 10,427 | 99 |
* | Migdal Insurance & Financial Holdings Ltd. | 122,731 | 96 |
Sella Capital Real Estate Ltd. | 60,221 | 95 | |
* | Oil Refineries Ltd. | 498,716 | 89 |
Kenon Holdings Ltd. | 3,597 | 87 | |
* | Fattal Holdings 1998 Ltd. | 1,433 | 86 |
* | IDI Insurance Co. Ltd. | 2,463 | 60 |
Delta Galil Industries Ltd. | 3,081 | 54 | |
Delek Automotive Systems Ltd. | 9,988 | 48 | |
* | Gilat Satellite Networks Ltd. | 7,449 | 44 |
* | Brack Capital Properties NV | 559 | 42 |
* | Naphtha Israel Petroleum Corp. Ltd. | 9,312 | 36 |
* | Delek Group Ltd. | 1,799 | 33 |
29,229 | |||
Italy (0.6%) | |||
Enel SPA | 2,736,210 | 21,754 | |
* | Intesa Sanpaolo SPA (Registered) | 5,518,789 | 9,162 |
Ferrari NV | 42,896 | 7,652 | |
Eni SPA | 866,550 | 6,070 | |
Assicurazioni Generali SPA | 449,143 | 6,025 | |
* | UniCredit SPA | 758,590 | 5,681 |
* | Fiat Chrysler Automobiles NV | 393,051 | 4,822 |
Snam SPA | 783,900 | 3,822 |
49 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Terna Rete Elettrica Nazionale SPA | 500,071 | 3,376 | |
* | FinecoBank Banca Fineco SPA | 219,039 | 3,007 |
* | Moncler SPA | 69,445 | 2,779 |
* | CNH Industrial NV | 345,847 | 2,682 |
* | Atlantia SPA | 174,219 | 2,674 |
Prysmian SPA | 84,324 | 2,295 | |
Davide Campari-Milano NV | 195,758 | 2,046 | |
*,1 | Nexi SPA | 130,980 | 2,016 |
Mediobanca Banca di Credito Finanziario SPA | 280,168 | 1,989 | |
Exor NV | 37,373 | 1,944 | |
Recordati Industria Chimica e Farmaceutica SPA | 34,377 | 1,782 | |
DiaSorin SPA | 7,927 | 1,740 | |
* | Amplifon SPA | 42,159 | 1,533 |
1 | Poste Italiane SPA | 163,634 | 1,336 |
1 | Infrastrutture Wireless Italiane SPA | 112,926 | 1,220 |
Telecom Italia SPA (Registered) | 3,486,201 | 1,184 | |
Interpump Group SPA | 28,090 | 1,061 | |
Italgas SPA | 178,132 | 1,029 | |
* | Banco BPM SPA | 514,944 | 933 |
Telecom Italia SPA (Bearer) | 2,382,385 | 867 | |
Hera SPA | 271,305 | 852 | |
Reply SPA | 7,550 | 811 | |
A2A SPA | 543,728 | 691 | |
Azimut Holding SPA | 40,256 | 679 | |
* | De' Longhi SPA | 21,041 | 673 |
^ | Leonardo SPA | 133,598 | 637 |
* | Unipol Gruppo SPA | 174,418 | 636 |
* | Banca Generali SPA | 21,790 | 620 |
*,1 | Pirelli & C SPA | 147,800 | 616 |
Buzzi Unicem SPA | 28,248 | 611 | |
Banca Mediolanum SPA | 88,970 | 608 | |
* | IMA Industria Macchine Automatiche SPA | 7,206 | 567 |
* | Freni Brembo SPA | 52,273 | 543 |
Tenaris SA | 111,984 | 534 | |
Iren SPA | 227,725 | 517 | |
* | Cerved Group SPA | 66,811 | 473 |
Erg SPA | 19,633 | 445 | |
UnipolSai Assicurazioni SPA | 175,849 | 408 | |
* | Astm SPA | 21,929 | 408 |
* | BPER Banca | 332,544 | 395 |
*,^ | Brunello Cucinelli SPA | 11,576 | 348 |
^ | Saipem SPA | 195,818 | 345 |
1 | Anima Holding SPA | 85,088 | 319 |
* | Salvatore Ferragamo SPA | 24,532 | 317 |
1 | Enav SPA | 86,759 | 301 |
*,1 | Technogym SPA | 39,282 | 292 |
Acea SPA | 14,415 | 286 | |
* | Banca Popolare di Sondrio SCPA | 156,731 | 276 |
* | Societa Cattolica di Assicurazioni SC | 50,964 | 252 |
*,1 | Banca Farmafactoring SPA | 49,970 | 231 |
1 | Carel Industries SPA | 12,368 | 230 |
Falck Renewables SPA | 42,216 | 229 | |
1 | RAI Way SPA | 33,424 | 204 |
Tamburi Investment Partners SPA | 31,859 | 199 | |
Zignago Vetro SPA | 13,478 | 195 | |
Buzzi Unicem SPA Saving Shares | 13,277 | 188 | |
* | Autogrill SPA | 49,092 | 184 |
*,^ | Mediaset SPA | 104,006 | 177 |
Piaggio & C SPA | 59,240 | 162 | |
*,1 | doValue SPA | 16,871 | 156 |
Italmobiliare SPA | 4,572 | 148 | |
* | Marr SPA | 10,281 | 139 |
*,^ | Juventus Football Club SPA | 149,272 | 127 |
Danieli & C Officine Meccaniche SPA Saving Shares | 11,415 | 103 |
50 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Datalogic SPA | 8,753 | 101 | |
* | CIR SPA-Compagnie Industriali | 223,580 | 97 |
* | Tod's SPA | 4,506 | 95 |
* | Credito Emiliano SPA | 23,562 | 93 |
*,^ | Saras SPA | 179,414 | 92 |
^ | Webuild SPA | 84,818 | 91 |
*,^ | Banca Monte dei Paschi di Siena SPA | 71,774 | 87 |
Danieli & C Officine Meccaniche SPA | 5,775 | 83 | |
* | Biesse SPA | 4,125 | 71 |
*,^ | Fincantieri SPA | 123,712 | 69 |
Cementir Holding NV | 10,694 | 68 | |
DeA Capital SPA | 57,909 | 68 | |
* | Maire Tecnimont SPA | 45,145 | 61 |
* | Banca IFIS SPA | 6,213 | 50 |
* | Rizzoli Corriere Della Sera Mediagroup SPA | 37,870 | 20 |
Immobiliare Grande Distribuzione SIIQ SPA | 6,049 | 18 | |
* | Arnoldo Mondadori Editore SPA | 3,898 | 5 |
* | Banca Monte dei Paschi di Siena SPA Rights Exp. 11/21/2020 | 71,774 | — |
* | Societa Cattolica di Assicurazioni SC Rights Exp. 11/26/2020 | 50,964 | — |
120,782 | |||
Japan (7.4%) | |||
Toyota Motor Corp. | 867,904 | 56,975 | |
Sony Corp. | 429,900 | 35,839 | |
SoftBank Group Corp. | 520,340 | 33,892 | |
Keyence Corp. | 63,432 | 28,787 | |
Nintendo Co. Ltd. | 37,506 | 20,279 | |
Shin-Etsu Chemical Co. Ltd. | 140,256 | 18,734 | |
Daiichi Sankyo Co. Ltd. | 674,500 | 17,803 | |
Daikin Industries Ltd. | 93,463 | 17,490 | |
Mitsubishi UFJ Financial Group Inc. | 4,415,460 | 17,405 | |
Recruit Holdings Co. Ltd. | 444,710 | 16,922 | |
Takeda Pharmaceutical Co. Ltd. | 537,239 | 16,602 | |
Nidec Corp. | 163,696 | 16,534 | |
KDDI Corp. | 596,900 | 16,149 | |
NTT DOCOMO Inc. | 397,948 | 14,818 | |
Hoya Corp. | 128,451 | 14,497 | |
FANUC Corp. | 67,991 | 14,361 | |
Honda Motor Co. Ltd. | 601,241 | 14,221 | |
Murata Manufacturing Co. Ltd. | 200,874 | 14,087 | |
Tokyo Electron Ltd. | 52,000 | 13,957 | |
Sumitomo Mitsui Financial Group Inc. | 460,948 | 12,760 | |
Fast Retailing Co. Ltd. | 18,100 | 12,626 | |
Kao Corp. | 165,948 | 11,815 | |
ITOCHU Corp. | 477,828 | 11,477 | |
SoftBank Corp. | 972,833 | 11,321 | |
Hitachi Ltd. | 329,052 | 11,090 | |
Mizuho Financial Group Inc. | 896,210 | 11,034 | |
SMC Corp. | 20,200 | 10,744 | |
Tokio Marine Holdings Inc. | 230,352 | 10,296 | |
M3 Inc. | 150,038 | 10,133 | |
Mitsubishi Corp. | 420,300 | 9,377 | |
Nippon Telegraph & Telephone Corp. | 439,900 | 9,254 | |
Oriental Land Co. Ltd. | 65,500 | 9,169 | |
Mitsui & Co. Ltd. | 584,500 | 9,155 | |
Astellas Pharma Inc. | 664,400 | 9,111 | |
Mitsubishi Electric Corp. | 702,440 | 9,047 | |
Chugai Pharmaceutical Co. Ltd. | 230,900 | 8,913 | |
Shiseido Co. Ltd. | 138,700 | 8,586 | |
Terumo Corp. | 232,528 | 8,558 | |
Seven & i Holdings Co. Ltd. | 273,300 | 8,307 | |
Fujitsu Ltd. | 67,340 | 7,967 | |
Japan Tobacco Inc. | 419,482 | 7,898 | |
Central Japan Railway Co. | 64,119 | 7,753 | |
Denso Corp. | 160,800 | 7,493 |
51 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Komatsu Ltd. | 325,750 | 7,344 | |
Eisai Co. Ltd. | 93,800 | 7,293 | |
Olympus Corp. | 375,500 | 7,189 | |
Panasonic Corp. | 753,759 | 6,963 | |
Suzuki Motor Corp. | 161,771 | 6,948 | |
Kubota Corp. | 393,500 | 6,838 | |
East Japan Railway Co. | 129,805 | 6,788 | |
Bridgestone Corp. | 203,804 | 6,643 | |
Z Holdings Corp. | 928,700 | 6,476 | |
Aeon Co. Ltd. | 252,200 | 6,443 | |
Unicharm Corp. | 138,200 | 6,395 | |
Sysmex Corp. | 67,734 | 6,362 | |
FUJIFILM Holdings Corp. | 124,700 | 6,359 | |
Shimano Inc. | 27,500 | 6,290 | |
Canon Inc. | 357,600 | 6,224 | |
Daiwa House Industry Co. Ltd. | 230,400 | 6,054 | |
Mitsubishi Estate Co. Ltd. | 403,091 | 6,012 | |
Kyocera Corp. | 108,400 | 5,970 | |
Secom Co. Ltd. | 68,987 | 5,828 | |
Dai-ichi Life Holdings Inc. | 389,200 | 5,813 | |
Mitsui Fudosan Co. Ltd. | 328,500 | 5,594 | |
Otsuka Holdings Co. Ltd. | 150,200 | 5,563 | |
Nitori Holdings Co. Ltd. | 26,200 | 5,386 | |
Bandai Namco Holdings Inc. | 69,800 | 5,216 | |
ORIX Corp. | 443,560 | 5,188 | |
TDK Corp. | 43,500 | 5,116 | |
Nippon Paint Holdings Co. Ltd. | 55,600 | 5,008 | |
Kirin Holdings Co. Ltd. | 271,900 | 4,902 | |
Omron Corp. | 66,800 | 4,823 | |
Nomura Holdings Inc. | 1,062,000 | 4,756 | |
MS&AD Insurance Group Holdings Inc. | 172,156 | 4,711 | |
Japan Exchange Group Inc. | 192,200 | 4,692 | |
NEC Corp. | 92,600 | 4,664 | |
Asahi Group Holdings Ltd. | 150,652 | 4,662 | |
Shionogi & Co. Ltd. | 97,800 | 4,613 | |
Sompo Holdings Inc. | 119,975 | 4,479 | |
Ono Pharmaceutical Co. Ltd. | 154,700 | 4,413 | |
Sumitomo Corp. | 397,700 | 4,351 | |
Obic Co. Ltd. | 23,500 | 4,161 | |
Advantest Corp. | 71,289 | 4,129 | |
Nexon Co. Ltd. | 146,424 | 4,081 | |
Toshiba Corp. | 158,000 | 3,997 | |
Subaru Corp. | 215,400 | 3,953 | |
Pan Pacific International Holdings Corp. | 181,900 | 3,860 | |
Makita Corp. | 87,200 | 3,855 | |
Asahi Kasei Corp. | 438,400 | 3,799 | |
Sumitomo Realty & Development Co. Ltd. | 139,046 | 3,721 | |
Toyota Industries Corp. | 57,300 | 3,703 | |
Nitto Denko Corp. | 52,100 | 3,660 | |
Yaskawa Electric Corp. | 93,363 | 3,630 | |
ENEOS Holdings Inc. | 1,073,907 | 3,624 | |
SG Holdings Co. Ltd. | 149,200 | 3,599 | |
Ajinomoto Co. Inc. | 178,200 | 3,580 | |
Daifuku Co. Ltd. | 34,000 | 3,506 | |
MEIJI Holdings Co. Ltd. | 48,134 | 3,487 | |
Sumitomo Mitsui Trust Holdings Inc. | 128,946 | 3,467 | |
Sekisui House Ltd. | 205,700 | 3,417 | |
Tokyo Gas Co. Ltd. | 150,600 | 3,413 | |
Kikkoman Corp. | 65,650 | 3,269 | |
Japan Post Holdings Co. Ltd. | 467,315 | 3,206 | |
Yamato Holdings Co. Ltd. | 119,900 | 3,174 | |
Sumitomo Electric Industries Ltd. | 276,300 | 3,050 | |
MISUMI Group Inc. | 101,600 | 3,017 | |
Marubeni Corp. | 557,528 | 2,911 |
52 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Nippon Steel Corp. | 292,358 | 2,836 |
Rakuten Inc. | 285,800 | 2,781 | |
Shimadzu Corp. | 97,200 | 2,779 | |
West Japan Railway Co. | 64,100 | 2,750 | |
Chubu Electric Power Co. Inc. | 244,070 | 2,734 | |
Sumitomo Metal Mining Co. Ltd. | 87,700 | 2,726 | |
Yamaha Corp. | 57,300 | 2,716 | |
Nihon M&A Center Inc. | 46,100 | 2,707 | |
Osaka Gas Co. Ltd. | 141,300 | 2,683 | |
MINEBEA MITSUMI Inc. | 148,084 | 2,675 | |
Nomura Research Institute Ltd. | 90,169 | 2,658 | |
Disco Corp. | 9,800 | 2,645 | |
Odakyu Electric Railway Co. Ltd. | 109,400 | 2,640 | |
Mitsubishi Chemical Holdings Corp. | 464,784 | 2,616 | |
Kintetsu Group Holdings Co. Ltd. | 64,800 | 2,589 | |
Resona Holdings Inc. | 765,106 | 2,523 | |
Nissan Chemical Corp. | 47,200 | 2,505 | |
NTT Data Corp. | 219,100 | 2,473 | |
* | Nissan Motor Co. Ltd. | 691,501 | 2,448 |
Toray Industries Inc. | 539,900 | 2,443 | |
Hankyu Hanshin Holdings Inc. | 78,100 | 2,385 | |
Lasertec Corp. | 27,200 | 2,356 | |
Keio Corp. | 40,400 | 2,348 | |
TOTO Ltd. | 51,300 | 2,342 | |
Santen Pharmaceutical Co. Ltd. | 131,300 | 2,339 | |
Taisei Corp. | 74,899 | 2,331 | |
MonotaRO Co. Ltd. | 41,872 | 2,316 | |
Yakult Honsha Co. Ltd. | 47,488 | 2,298 | |
Kansai Electric Power Co. Inc. | 252,100 | 2,294 | |
Mitsubishi Heavy Industries Ltd. | 106,387 | 2,286 | |
Trend Micro Inc. | 40,800 | 2,285 | |
Rohm Co. Ltd. | 29,600 | 2,276 | |
Hamamatsu Photonics KK | 44,700 | 2,249 | |
Toyota Tsusho Corp. | 80,600 | 2,249 | |
Dentsu Group Inc. | 77,549 | 2,236 | |
Tokyu Corp. | 183,600 | 2,178 | |
Kyowa Kirin Co. Ltd. | 87,600 | 2,175 | |
AGC Inc. | 69,500 | 2,170 | |
Daiwa Securities Group Inc. | 532,800 | 2,159 | |
* | Renesas Electronics Corp. | 258,607 | 2,135 |
CyberAgent Inc. | 33,492 | 2,107 | |
Daito Trust Construction Co. Ltd. | 22,952 | 2,088 | |
Tobu Railway Co. Ltd. | 73,500 | 2,086 | |
Nissin Foods Holdings Co. Ltd. | 24,000 | 2,078 | |
Asahi Intecc Co. Ltd. | 66,600 | 2,064 | |
Obayashi Corp. | 246,300 | 2,061 | |
Kobayashi Pharmaceutical Co. Ltd. | 21,100 | 2,056 | |
LIXIL Group Corp. | 94,600 | 2,054 | |
Sekisui Chemical Co. Ltd. | 125,900 | 1,963 | |
Koito Manufacturing Co. Ltd. | 40,300 | 1,943 | |
T&D Holdings Inc. | 194,400 | 1,943 | |
Aisin Seiki Co. Ltd. | 63,200 | 1,915 | |
Dai Nippon Printing Co. Ltd. | 100,900 | 1,880 | |
Azbil Corp. | 46,300 | 1,879 | |
Hikari Tsushin Inc. | 7,900 | 1,853 | |
SBI Holdings Inc. | 79,740 | 1,838 | |
Sumitomo Chemical Co. Ltd. | 561,892 | 1,838 | |
Nagoya Railroad Co. Ltd. | 68,500 | 1,826 | |
Tsuruha Holdings Inc. | 12,900 | 1,806 | |
Lion Corp. | 88,300 | 1,801 | |
Kansai Paint Co. Ltd. | 68,800 | 1,774 | |
Ryohin Keikaku Co. Ltd. | 83,570 | 1,754 | |
Pigeon Corp. | 37,860 | 1,744 | |
Capcom Co. Ltd. | 31,400 | 1,717 |
53 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Kajima Corp. | 159,300 | 1,702 | |
GMO Payment Gateway Inc. | 13,806 | 1,692 | |
Otsuka Corp. | 36,100 | 1,659 | |
Hirose Electric Co. Ltd. | 11,821 | 1,650 | |
Miura Co. Ltd. | 34,900 | 1,644 | |
Idemitsu Kosan Co. Ltd. | 81,014 | 1,638 | |
TIS Inc. | 84,800 | 1,622 | |
Tosoh Corp. | 99,990 | 1,621 | |
Toho Gas Co. Ltd. | 31,300 | 1,616 | |
Taiyo Yuden Co. Ltd. | 43,500 | 1,609 | |
Inpex Corp. | 338,900 | 1,607 | |
Square Enix Holdings Co. Ltd. | 27,500 | 1,598 | |
Stanley Electric Co. Ltd. | 56,100 | 1,598 | |
Ricoh Co. Ltd. | 240,700 | 1,581 | |
Suntory Beverage & Food Ltd. | 45,700 | 1,576 | |
Toyo Suisan Kaisha Ltd. | 31,600 | 1,573 | |
Toho Co. Ltd. | 39,700 | 1,572 | |
Ibiden Co. Ltd. | 38,300 | 1,562 | |
Nabtesco Corp. | 41,200 | 1,539 | |
Mitsui Chemicals Inc. | 59,700 | 1,529 | |
Hoshizaki Corp. | 18,782 | 1,500 | |
Tohoku Electric Power Co. Inc. | 167,800 | 1,481 | |
JSR Corp. | 64,800 | 1,465 | |
Isuzu Motors Ltd. | 179,420 | 1,456 | |
NH Foods Ltd. | 35,300 | 1,446 | |
* | PeptiDream Inc. | 31,200 | 1,442 |
* | Tokyo Electric Power Co. Holdings Inc. | 546,200 | 1,409 |
Shimizu Corp. | 202,700 | 1,407 | |
Nippon Express Co. Ltd. | 24,800 | 1,391 | |
Keisei Electric Railway Co. Ltd. | 49,400 | 1,382 | |
Kyushu Electric Power Co. Inc. | 164,400 | 1,378 | |
Nisshin Seifun Group Inc. | 91,520 | 1,378 | |
Fuji Electric Co. Ltd. | 45,177 | 1,370 | |
Welcia Holdings Co. Ltd. | 34,800 | 1,364 | |
USS Co. Ltd. | 74,200 | 1,357 | |
Yamaha Motor Co. Ltd. | 94,900 | 1,357 | |
Chugoku Electric Power Co. Inc. | 107,100 | 1,346 | |
Konami Holdings Corp. | 34,300 | 1,342 | |
^ | Concordia Financial Group Ltd. | 405,679 | 1,339 |
Toppan Printing Co. Ltd. | 105,100 | 1,336 | |
Nippon Shinyaku Co. Ltd. | 18,700 | 1,336 | |
Oji Holdings Corp. | 313,700 | 1,322 | |
Yamada Holdings Co. Ltd. | 269,172 | 1,312 | |
Rinnai Corp. | 13,300 | 1,311 | |
NGK Insulators Ltd. | 91,700 | 1,310 | |
* | JFE Holdings Inc. | 186,300 | 1,309 |
Keihan Holdings Co. Ltd. | 34,200 | 1,299 | |
Yokogawa Electric Corp. | 88,200 | 1,297 | |
Brother Industries Ltd. | 83,800 | 1,295 | |
Kose Corp. | 10,100 | 1,287 | |
Keikyu Corp. | 91,700 | 1,282 | |
Marui Group Co. Ltd. | 70,900 | 1,281 | |
NGK Spark Plug Co. Ltd. | 72,500 | 1,275 | |
Ito En Ltd. | 19,900 | 1,260 | |
NSK Ltd. | 155,300 | 1,243 | |
Kyushu Railway Co. | 57,324 | 1,219 | |
SUMCO Corp. | 79,726 | 1,216 | |
Kakaku.com Inc. | 45,968 | 1,215 | |
Mitsubishi Gas Chemical Co. Inc. | 66,200 | 1,207 | |
Hisamitsu Pharmaceutical Co. Inc. | 24,900 | 1,191 | |
Kurita Water Industries Ltd. | 39,800 | 1,184 | |
Hulic Co. Ltd. | 127,600 | 1,182 | |
Itochu Techno-Solutions Corp. | 34,500 | 1,170 | |
Japan Post Bank Co. Ltd. | 145,735 | 1,162 |
54 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Kuraray Co. Ltd. | 124,100 | 1,148 | |
Casio Computer Co. Ltd. | 75,100 | 1,141 | |
Oracle Corp. Japan | 11,400 | 1,139 | |
Haseko Corp. | 94,500 | 1,133 | |
Bank of Kyoto Ltd. | 25,400 | 1,122 | |
Alfresa Holdings Corp. | 61,100 | 1,119 | |
Seiko Epson Corp. | 96,100 | 1,116 | |
Shizuoka Bank Ltd. | 165,500 | 1,113 | |
Chiba Bank Ltd. | 214,900 | 1,110 | |
Mazda Motor Corp. | 211,000 | 1,108 | |
Rohto Pharmaceutical Co. Ltd. | 35,200 | 1,100 | |
Sohgo Security Services Co. Ltd. | 23,600 | 1,100 | |
Tokyo Century Corp. | 21,820 | 1,070 | |
Hakuhodo DY Holdings Inc. | 83,500 | 1,064 | |
^ | Anritsu Corp. | 47,700 | 1,044 |
Koei Tecmo Holdings Co. Ltd. | 21,240 | 1,038 | |
THK Co. Ltd. | 39,000 | 1,035 | |
COMSYS Holdings Corp. | 40,198 | 1,021 | |
Cosmos Pharmaceutical Corp. | 6,000 | 1,019 | |
Sojitz Corp. | 460,048 | 1,012 | |
Japan Post Insurance Co. Ltd. | 63,078 | 1,000 | |
Teijin Ltd. | 64,700 | 991 | |
Sushiro Global Holdings Ltd. | 36,500 | 991 | |
Taiheiyo Cement Corp. | 42,100 | 988 | |
Goldwin Inc. | 13,200 | 985 | |
Nippon Yusen KK | 53,100 | 980 | |
Matsumotokiyoshi Holdings Co. Ltd. | 26,500 | 978 | |
Suzuken Co. Ltd. | 26,960 | 973 | |
^ | Skylark Holdings Co. Ltd. | 68,151 | 972 |
* | LINE Corp. | 18,870 | 968 |
Tokyu Fudosan Holdings Corp. | 219,786 | 960 | |
Alps Alpine Co. Ltd. | 66,367 | 957 | |
Amada Co. Ltd. | 109,600 | 954 | |
Hitachi Construction Machinery Co. Ltd. | 38,500 | 950 | |
Nichirei Corp. | 37,300 | 940 | |
Kagome Co. Ltd. | 27,400 | 938 | |
NOF Corp. | 24,800 | 932 | |
MediPal Holdings Corp. | 51,800 | 923 | |
NET One Systems Co. Ltd. | 30,500 | 912 | |
Ebara Corp. | 32,800 | 912 | |
Denka Co. Ltd. | 29,500 | 909 | |
Taisho Pharmaceutical Holdings Co. Ltd. | 15,000 | 903 | |
Sundrug Co. Ltd. | 24,300 | 902 | |
Hitachi Metals Ltd. | 68,000 | 902 | |
Fukuoka Financial Group Inc. | 53,464 | 894 | |
Air Water Inc. | 62,300 | 890 | |
Showa Denko KK | 52,200 | 888 | |
House Foods Group Inc. | 26,400 | 874 | |
Open House Co. Ltd. | 25,600 | 872 | |
Persol Holdings Co. Ltd. | 57,500 | 871 | |
Relo Group Inc. | 36,253 | 870 | |
* | ANA Holdings Inc. | 39,200 | 855 |
Iida Group Holdings Co. Ltd. | 47,197 | 854 | |
Nankai Electric Railway Co. Ltd. | 37,300 | 852 | |
Sumitomo Heavy Industries Ltd. | 39,700 | 851 | |
Nifco Inc. | 28,302 | 847 | |
Tokyo Tatemono Co. Ltd. | 73,500 | 845 | |
Sugi Holdings Co. Ltd. | 12,800 | 845 | |
Sega Sammy Holdings Inc. | 67,000 | 840 | |
Calbee Inc. | 27,200 | 834 | |
ZOZO Inc. | 32,700 | 830 | |
FamilyMart Co. Ltd. | 37,600 | 826 | |
Shimamura Co. Ltd. | 7,700 | 821 | |
Tokai Carbon Co. Ltd. | 72,100 | 818 |
55 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Justsystems Corp. | 12,500 | 818 | |
Tokyo Ohka Kogyo Co. Ltd. | 13,800 | 817 | |
Shinsei Bank Ltd. | 67,803 | 816 | |
^ | Mitsui OSK Lines Ltd. | 35,939 | 811 |
Mitsubishi Materials Corp. | 43,834 | 804 | |
Lawson Inc. | 17,500 | 804 | |
Kewpie Corp. | 39,000 | 798 | |
Nihon Kohden Corp. | 25,400 | 794 | |
Kyowa Exeo Corp. | 34,200 | 789 | |
Ezaki Glico Co. Ltd. | 19,000 | 788 | |
Electric Power Development Co. Ltd. | 58,200 | 787 | |
K's Holdings Corp. | 59,968 | 766 | |
TechnoPro Holdings Inc. | 12,300 | 765 | |
Kinden Corp. | 48,700 | 764 | |
Asics Corp. | 59,900 | 748 | |
Mabuchi Motor Co. Ltd. | 18,100 | 746 | |
Zensho Holdings Co. Ltd. | 31,900 | 745 | |
Sumitomo Forestry Co. Ltd. | 47,300 | 745 | |
Ube Industries Ltd. | 43,100 | 740 | |
SHO-BOND Holdings Co. Ltd. | 15,200 | 734 | |
Zenkoku Hosho Co. Ltd. | 18,600 | 734 | |
SCSK Corp. | 14,700 | 731 | |
Nomura Real Estate Holdings Inc. | 41,700 | 728 | |
Seibu Holdings Inc. | 72,488 | 725 | |
Kamigumi Co. Ltd. | 40,500 | 725 | |
Shimachu Co. Ltd. | 13,700 | 724 | |
Nippon Sanso Holdings Corp. | 49,100 | 720 | |
Yamazaki Baking Co. Ltd. | 43,500 | 715 | |
Mebuki Financial Group Inc. | 354,750 | 713 | |
Nishi-Nippon Railroad Co. Ltd. | 26,800 | 708 | |
Japan Airport Terminal Co. Ltd. | 16,300 | 708 | |
Fancl Corp. | 22,400 | 706 | |
Coca-Cola Bottlers Japan Holdings Inc. | 49,875 | 704 | |
Sanwa Holdings Corp. | 61,700 | 704 | |
Ain Holdings Inc. | 10,000 | 699 | |
DIC Corp. | 28,600 | 696 | |
SCREEN Holdings Co. Ltd. | 12,700 | 696 | |
Nikon Corp. | 114,100 | 695 | |
Sankyu Inc. | 19,200 | 688 | |
Hino Motors Ltd. | 89,400 | 685 | |
Seino Holdings Co. Ltd. | 52,300 | 676 | |
Sotetsu Holdings Inc. | 27,300 | 674 | |
* | Japan Airlines Co. Ltd. | 38,400 | 671 |
Morinaga Milk Industry Co. Ltd. | 13,800 | 665 | |
Nippon Electric Glass Co. Ltd. | 33,800 | 665 | |
Sawai Pharmaceutical Co. Ltd. | 13,600 | 656 | |
Sumitomo Dainippon Pharma Co. Ltd. | 55,900 | 655 | |
FP Corp. | 16,400 | 654 | |
Daicel Corp. | 91,200 | 651 | |
As One Corp. | 4,500 | 650 | |
Horiba Ltd. | 13,200 | 649 | |
Aica Kogyo Co. Ltd. | 19,200 | 647 | |
DeNA Co. Ltd. | 37,900 | 647 | |
BayCurrent Consulting Inc. | 4,957 | 641 | |
Sumitomo Rubber Industries Ltd. | 72,772 | 640 | |
Nihon Unisys Ltd. | 21,500 | 634 | |
JTEKT Corp. | 79,500 | 634 | |
Aeon Mall Co. Ltd. | 40,572 | 633 | |
Acom Co. Ltd. | 140,300 | 631 | |
J Front Retailing Co. Ltd. | 82,200 | 626 | |
Ship Healthcare Holdings Inc. | 13,200 | 626 | |
PALTAC Corp. | 11,100 | 621 | |
Aozora Bank Ltd. | 37,690 | 619 | |
Sharp Corp. | 53,429 | 618 |
56 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Mitsubishi UFJ Lease & Finance Co. Ltd. | 145,800 | 618 | |
Nippon Prologis REIT Inc. | 186 | 612 | |
Iwatani Corp. | 13,400 | 608 | |
JGC Holdings Corp. | 73,900 | 608 | |
Rengo Co. Ltd. | 78,400 | 603 | |
Tsumura & Co. | 20,300 | 596 | |
Fujitec Co. Ltd. | 27,300 | 595 | |
Toyoda Gosei Co. Ltd. | 23,200 | 590 | |
Benesse Holdings Inc. | 24,700 | 582 | |
Zeon Corp. | 47,800 | 582 | |
Nippon Building Fund Inc. | 115 | 581 | |
* | Kawasaki Heavy Industries Ltd. | 48,600 | 581 |
Isetan Mitsukoshi Holdings Ltd. | 119,000 | 580 | |
Kyushu Financial Group Inc. | 123,470 | 578 | |
Penta-Ocean Construction Co. Ltd. | 91,000 | 577 | |
Toyo Tire Corp. | 38,600 | 573 | |
Nippon Gas Co. Ltd. | 12,000 | 572 | |
Menicon Co. Ltd. | 8,100 | 572 | |
Iyo Bank Ltd. | 91,100 | 572 | |
GMO internet Inc. | 21,400 | 571 | |
Infomart Corp. | 68,800 | 569 | |
Toagosei Co. Ltd. | 53,100 | 562 | |
DMG Mori Co. Ltd. | 41,900 | 560 | |
^ | Mitsubishi Logistics Corp. | 21,200 | 558 |
Kaneka Corp. | 19,900 | 557 | |
Ulvac Inc. | 15,200 | 557 | |
Takara Holdings Inc. | 55,100 | 555 | |
Bic Camera Inc. | 50,200 | 554 | |
Japan Real Estate Investment Corp. | 113 | 554 | |
TS Tech Co. Ltd. | 20,000 | 554 | |
Fuji Corp. | 27,500 | 553 | |
Mani Inc. | 22,000 | 550 | |
Credit Saison Co. Ltd. | 50,900 | 550 | |
GLP J-Reit | 356 | 549 | |
Benefit One Inc. | 21,800 | 546 | |
Yaoko Co. Ltd. | 7,700 | 545 | |
Tokuyama Corp. | 24,100 | 537 | |
Hachijuni Bank Ltd. | 144,700 | 534 | |
Katitas Co. Ltd. | 18,800 | 533 | |
IHI Corp. | 43,800 | 530 | |
Chugoku Bank Ltd. | 60,900 | 528 | |
Seven Bank Ltd. | 229,600 | 527 | |
Maruichi Steel Tube Ltd. | 22,700 | 521 | |
Nippon Shokubai Co. Ltd. | 10,600 | 519 | |
JCR Pharmaceuticals Co. Ltd. | 20,000 | 518 | |
AEON Financial Service Co. Ltd. | 50,500 | 517 | |
Pola Orbis Holdings Inc. | 26,200 | 517 | |
Fujitsu General Ltd. | 18,500 | 513 | |
SMS Co. Ltd. | 17,400 | 512 | |
Toyo Seikan Group Holdings Ltd. | 54,600 | 510 | |
Morinaga & Co. Ltd. | 13,400 | 509 | |
Japan Steel Works Ltd. | 23,800 | 509 | |
Amano Corp. | 21,600 | 508 | |
Fuji Oil Holdings Inc. | 16,000 | 506 | |
* | Park24 Co. Ltd. | 37,400 | 505 |
Izumi Co. Ltd. | 14,800 | 502 | |
Yokohama Rubber Co. Ltd. | 34,900 | 501 | |
Furukawa Electric Co. Ltd. | 20,000 | 501 | |
Nippon Kayaku Co. Ltd. | 57,900 | 498 | |
Mitsui Mining & Smelting Co. Ltd. | 19,600 | 495 | |
cocokara fine Inc. | 7,500 | 493 | |
Gunma Bank Ltd. | 155,000 | 492 | |
OKUMA Corp. | 10,100 | 490 | |
JAFCO Group Co. ltd | 10,800 | 488 |
57 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Hirogin Holdings Inc. | 88,500 | 482 | |
Sapporo Holdings Ltd. | 29,300 | 478 | |
Kaken Pharmaceutical Co. Ltd. | 12,100 | 477 | |
Kusuri no Aoki Holdings Co. Ltd. | 5,900 | 471 | |
Nagase & Co. Ltd. | 36,100 | 471 | |
NSD Co. Ltd. | 26,780 | 470 | |
Yamaguchi Financial Group Inc. | 72,000 | 468 | |
Kokuyo Co. Ltd. | 34,400 | 467 | |
Nomura Real Estate Master Fund Inc. | 391 | 467 | |
H.U. Group Holdings Inc. | 18,300 | 466 | |
Daiichikosho Co. Ltd. | 13,600 | 465 | |
Toda Corp. | 80,400 | 459 | |
Mirait Holdings Corp. | 31,800 | 453 | |
Hitachi Transport System Ltd. | 14,100 | 447 | |
^ | Kobe Bussan Co. Ltd. | 15,800 | 445 |
Fukuyama Transporting Co. Ltd. | 10,600 | 444 | |
ABC-Mart Inc. | 8,600 | 436 | |
Systena Corp. | 24,000 | 435 | |
Nippo Corp. | 16,900 | 434 | |
Cosmo Energy Holdings Co. Ltd. | 29,600 | 433 | |
* | SHIFT Inc. | 3,400 | 431 |
Hokuriku Electric Power Co. | 60,500 | 431 | |
^ | NOK Corp. | 37,700 | 430 |
Dowa Holdings Co. Ltd. | 15,000 | 429 | |
* | Change Inc. | 5,600 | 429 |
ADEKA Corp. | 33,000 | 427 | |
Yoshinoya Holdings Co. Ltd. | 23,100 | 425 | |
Digital Garage Inc. | 11,900 | 423 | |
Asahi Holdings Inc. | 12,900 | 421 | |
Japan Elevator Service Holdings Co. Ltd. | 10,900 | 419 | |
GS Yuasa Corp. | 24,000 | 419 | |
Kadokawa Corp. | 13,736 | 418 | |
Inaba Denki Sangyo Co. Ltd. | 17,200 | 414 | |
Shiga Bank Ltd. | 19,100 | 412 | |
Tokyo Seimitsu Co. Ltd. | 12,200 | 412 | |
Takara Bio Inc. | 15,000 | 408 | |
Meitec Corp. | 8,200 | 407 | |
Sankyo Co. Ltd. | 15,900 | 405 | |
Daiwa House REIT Investment Corp. | 175 | 405 | |
Hokuhoku Financial Group Inc. | 42,600 | 404 | |
Ariake Japan Co. Ltd. | 6,300 | 404 | |
Daido Steel Co. Ltd. | 12,300 | 403 | |
Outsourcing Inc. | 43,000 | 399 | |
Nitto Boseki Co. Ltd. | 10,800 | 397 | |
Hazama Ando Corp. | 63,800 | 396 | |
DCM Holdings Co. Ltd. | 31,800 | 394 | |
Ushio Inc. | 35,000 | 391 | |
NEC Networks & System Integration Corp. | 22,500 | 390 | |
OSG Corp. | 26,000 | 390 | |
Elecom Co. Ltd. | 7,700 | 386 | |
Internet Initiative Japan Inc. | 8,600 | 385 | |
Konica Minolta Inc. | 150,600 | 384 | |
TOKAI Holdings Corp. | 38,700 | 383 | |
Shochiku Co. Ltd. | 3,300 | 382 | |
* | Mitsubishi Motors Corp. | 207,500 | 381 |
Kenedix Inc. | 73,400 | 380 | |
Shinko Electric Industries Co. Ltd. | 21,800 | 380 | |
^ | NS Solutions Corp. | 12,900 | 378 |
Toyobo Co. Ltd. | 28,300 | 377 | |
Shikoku Electric Power Co. Inc. | 52,400 | 377 | |
Nishi-Nippon Financial Holdings Inc. | 55,500 | 376 | |
Sumitomo Osaka Cement Co. Ltd. | 12,300 | 374 | |
Nippon Paper Industries Co. Ltd. | 33,100 | 374 | |
^ | Fuji Kyuko Co. Ltd. | 8,700 | 373 |
58 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Daiwabo Holdings Co. Ltd. | 5,700 | 373 | |
Nipro Corp. | 35,400 | 372 | |
Topcon Corp. | 37,300 | 372 | |
* | Kobe Steel Ltd. | 94,800 | 370 |
Daio Paper Corp. | 25,500 | 369 | |
Lintec Corp. | 16,600 | 368 | |
Fuyo General Lease Co. Ltd. | 6,400 | 367 | |
Oki Electric Industry Co. Ltd. | 39,500 | 367 | |
Jeol Ltd. | 11,500 | 367 | |
Nichias Corp. | 16,900 | 366 | |
Sanrio Co. Ltd. | 19,892 | 366 | |
Joyful Honda Co. Ltd. | 23,488 | 365 | |
Glory Ltd. | 17,300 | 365 | |
Takuma Co. Ltd. | 23,800 | 364 | |
Sakata Seed Corp. | 10,300 | 363 | |
Mizuho Leasing Co. Ltd. | 14,100 | 359 | |
Milbon Co. Ltd. | 7,000 | 359 | |
Duskin Co. Ltd. | 14,000 | 357 | |
Nippon Suisan Kaisha Ltd. | 92,600 | 357 | |
Kanematsu Corp. | 29,400 | 349 | |
Mochida Pharmaceutical Co. Ltd. | 9,542 | 348 | |
Toshiba TEC Corp. | 8,700 | 348 | |
Trusco Nakayama Corp. | 13,500 | 348 | |
Fuji Soft Inc. | 6,500 | 348 | |
Nihon Parkerizing Co. Ltd. | 35,200 | 347 | |
Daiseki Co. Ltd. | 13,600 | 346 | |
IR Japan Holdings Ltd. | 3,100 | 343 | |
Wacoal Holdings Corp. | 18,900 | 343 | |
CKD Corp. | 20,500 | 341 | |
* | Kawasaki Kisen Kaisha Ltd. | 27,899 | 341 |
Japan Lifeline Co. Ltd. | 26,400 | 341 | |
Takashimaya Co. Ltd. | 45,500 | 340 | |
Maeda Corp. | 47,200 | 340 | |
Resorttrust Inc. | 23,800 | 335 | |
Colowide Co. Ltd. | 22,300 | 334 | |
JINS Holdings Inc. | 4,600 | 333 | |
Kyudenko Corp. | 12,200 | 333 | |
Nikkon Holdings Co. Ltd. | 17,300 | 331 | |
Macnica Fuji Electronics Holdings Inc. | 18,500 | 331 | |
Nishimatsu Construction Co. Ltd. | 17,000 | 330 | |
Advance Residence Investment Corp. | 113 | 330 | |
Nichiha Corp. | 11,300 | 329 | |
Japan Retail Fund Investment Corp. | 228 | 329 | |
Maruwa Unyu Kikan Co. Ltd. | 7,632 | 328 | |
Heiwa Real Estate Co. Ltd. | 11,200 | 327 | |
NHK Spring Co. Ltd. | 53,800 | 325 | |
GungHo Online Entertainment Inc. | 13,070 | 325 | |
Pilot Corp. | 11,600 | 324 | |
Wacom Co. Ltd. | 49,000 | 322 | |
Orix JREIT Inc. | 229 | 322 | |
Canon Marketing Japan Inc. | 14,900 | 317 | |
Kiyo Bank Ltd. | 21,207 | 317 | |
Valor Holdings Co. Ltd. | 12,800 | 315 | |
Sumitomo Bakelite Co. Ltd. | 11,100 | 314 | |
Sangetsu Corp. | 21,700 | 313 | |
Toei Co. Ltd. | 2,100 | 310 | |
Morita Holdings Corp. | 16,900 | 309 | |
Nippon Light Metal Holdings Co. Ltd. | 19,530 | 308 | |
Itoham Yonekyu Holdings Inc. | 46,072 | 308 | |
Kumagai Gumi Co. Ltd. | 13,300 | 307 | |
Toho Holdings Co. Ltd. | 16,600 | 307 | |
Hitachi Capital Corp. | 14,500 | 307 | |
Nojima Corp. | 10,900 | 306 | |
Shoei Co. Ltd. | 10,000 | 305 |
59 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
San-In Godo Bank Ltd. | 60,300 | 303 | |
KH Neochem Co. Ltd. | 12,900 | 302 | |
77 Bank Ltd. | 21,400 | 299 | |
Megmilk Snow Brand Co. Ltd. | 13,800 | 299 | |
Earth Corp. | 4,700 | 299 | |
TKC Corp. | 4,800 | 297 | |
Komeri Co. Ltd. | 10,100 | 297 | |
Senko Group Holdings Co. Ltd. | 33,200 | 297 | |
* | UT Group Co. Ltd. | 9,500 | 296 |
* | Fujikura Ltd. | 111,600 | 296 |
Heiwa Corp. | 18,200 | 294 | |
Awa Bank Ltd. | 12,200 | 293 | |
Nachi-Fujikoshi Corp. | 7,400 | 293 | |
Taiyo Holdings Co. Ltd. | 5,600 | 293 | |
Maruwa Co. Ltd. | 2,800 | 291 | |
* | RENOVA Inc. | 18,200 | 290 |
Daishi Hokuetsu Financial Group Inc. | 14,950 | 287 | |
Kyoritsu Maintenance Co. Ltd. | 7,972 | 285 | |
OBIC Business Consultants Co. Ltd. | 5,300 | 285 | |
Kureha Corp. | 6,700 | 284 | |
Industrial & Infrastructure Fund Investment Corp. | 165 | 281 | |
^ | Kumiai Chemical Industry Co. Ltd. | 28,963 | 278 |
Fuji Seal International Inc. | 14,900 | 278 | |
Kotobuki Spirits Co. Ltd. | 6,000 | 278 | |
Toyota Boshoku Corp. | 19,100 | 277 | |
United Urban Investment Corp. | 259 | 277 | |
Takasago Thermal Engineering Co. Ltd. | 20,800 | 276 | |
Okumura Corp. | 11,900 | 276 | |
* | Aiful Corp. | 92,800 | 275 |
Kandenko Co. Ltd. | 36,700 | 275 | |
EDION Corp. | 27,900 | 275 | |
Tadano Ltd. | 35,700 | 273 | |
Hokkoku Bank Ltd. | 9,600 | 273 | |
DTS Corp. | 14,000 | 272 | |
Infocom Corp. | 7,459 | 270 | |
Arcs Co. Ltd. | 12,200 | 270 | |
Paramount Bed Holdings Co. Ltd. | 7,000 | 270 | |
KYORIN Holdings Inc. | 14,900 | 269 | |
Ogaki Kyoritsu Bank Ltd. | 12,000 | 268 | |
Nisshinbo Holdings Inc. | 40,100 | 267 | |
FCC Co. Ltd. | 13,900 | 267 | |
eGuarantee Inc. | 11,900 | 265 | |
Information Services International-Dentsu Ltd. | 4,200 | 264 | |
Yamazen Corp. | 26,800 | 263 | |
Sanken Electric Co. Ltd. | 8,200 | 263 | |
ASKUL Corp. | 6,800 | 261 | |
Taikisha Ltd. | 10,000 | 260 | |
Nippon Flour Mills Co. Ltd. | 16,200 | 260 | |
Cybozu Inc. | 9,000 | 260 | |
Showa Sangyo Co. Ltd. | 8,400 | 259 | |
Zojirushi Corp. | 14,500 | 259 | |
Anicom Holdings Inc. | 24,400 | 258 | |
Sumitomo Warehouse Co. Ltd. | 22,000 | 257 | |
Kohnan Shoji Co. Ltd. | 7,500 | 256 | |
Hanwa Co. Ltd. | 13,200 | 256 | |
Central Glass Co. Ltd. | 11,900 | 255 | |
Prestige International Inc. | 30,000 | 255 | |
Okamoto Industries Inc. | 6,200 | 255 | |
Tomy Co. Ltd. | 29,100 | 255 | |
Matsui Securities Co. Ltd. | 31,800 | 255 | |
MOS Food Services Inc. | 9,300 | 254 | |
Autobacs Seven Co. Ltd. | 19,800 | 253 | |
Tokyo Dome Corp. | 31,500 | 252 | |
Tri Chemical Laboratories Inc. | 2,092 | 251 |
60 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
S Foods Inc. | 7,500 | 250 | |
Daihen Corp. | 6,400 | 248 | |
Yamato Kogyo Co. Ltd. | 10,300 | 247 | |
Kura Sushi Inc. | 4,100 | 247 | |
Nishimatsuya Chain Co. Ltd. | 15,200 | 247 | |
Kintetsu World Express Inc. | 11,600 | 247 | |
^ | Aruhi Corp. | 13,656 | 245 |
* | NTN Corp. | 132,000 | 245 |
Sekisui House Reit Inc. | 350 | 245 | |
Tokai Rika Co. Ltd. | 15,600 | 244 | |
Fuso Chemical Co. Ltd. | 7,100 | 243 | |
Eizo Corp. | 6,400 | 242 | |
Ai Holdings Corp. | 13,700 | 241 | |
Transcosmos Inc. | 8,800 | 240 | |
Tokyotokeiba Co. Ltd. | 4,800 | 239 | |
Strike Co. Ltd. | 4,443 | 239 | |
Tsubakimoto Chain Co. | 10,700 | 238 | |
Raiznext Corp. | 20,500 | 238 | |
Giken Ltd. | 6,700 | 237 | |
en-japan Inc. | 10,700 | 235 | |
Totetsu Kogyo Co. Ltd. | 9,000 | 234 | |
Ichibanya Co. Ltd. | 4,600 | 233 | |
San-A Co. Ltd. | 5,600 | 233 | |
* | Optim Corp. | 8,298 | 233 |
Create SD Holdings Co. Ltd. | 7,200 | 232 | |
Tocalo Co. Ltd. | 23,200 | 231 | |
Starts Corp. Inc. | 9,900 | 230 | |
Monogatari Corp. | 2,236 | 228 | |
Fujimi Inc. | 6,400 | 228 | |
Arcland Sakamoto Co. Ltd. | 11,800 | 227 | |
Makino Milling Machine Co. Ltd. | 6,600 | 227 | |
Digital Arts Inc. | 3,200 | 226 | |
ZERIA Pharmaceutical Co. Ltd. | 12,700 | 225 | |
Seiren Co. Ltd. | 14,200 | 225 | |
Nippon Accommodations Fund Inc. | 39 | 223 | |
Maeda Road Construction Co. Ltd. | 13,400 | 223 | |
Nippon Densetsu Kogyo Co. Ltd. | 11,500 | 223 | |
Prima Meat Packers Ltd. | 7,800 | 223 | |
Japan Material Co. Ltd. | 17,200 | 222 | |
Life Corp. | 6,300 | 222 | |
Hitachi Zosen Corp. | 55,000 | 221 | |
LaSalle Logiport REIT | 142 | 221 | |
Axial Retailing Inc. | 5,199 | 221 | |
Iriso Electronics Co. Ltd. | 5,800 | 221 | |
San-Ai Oil Co. Ltd. | 21,900 | 221 | |
Toridoll Holdings Corp. | 17,400 | 221 | |
Japan Aviation Electronics Industry Ltd. | 16,000 | 220 | |
Maruha Nichiro Corp. | 10,500 | 220 | |
Solasto Corp. | 18,000 | 220 | |
Activia Properties Inc. | 60 | 217 | |
Keiyo Co. Ltd. | 28,500 | 216 | |
Belc Co. Ltd. | 3,500 | 215 | |
MCJ Co. Ltd. | 23,300 | 215 | |
Arata Corp. | 4,400 | 214 | |
JCU Corp. | 6,800 | 214 | |
Nisshin Oillio Group Ltd. | 7,400 | 213 | |
Kato Sangyo Co. Ltd. | 6,400 | 213 | |
Hokkaido Electric Power Co. Inc. | 54,800 | 212 | |
Okinawa Electric Power Co. Inc. | 14,512 | 212 | |
Saibu Gas Co. Ltd. | 8,800 | 212 | |
Funai Soken Holdings Inc. | 9,750 | 211 | |
Tsugami Corp. | 15,000 | 209 | |
Juroku Bank Ltd. | 11,400 | 209 | |
Noritz Corp. | 14,300 | 209 |
61 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Japan Prime Realty Investment Corp. | 77 | 208 | |
Nagaileben Co. Ltd. | 8,300 | 208 | |
* | Medical Data Vision Co. Ltd. | 8,800 | 207 |
Citizen Watch Co. Ltd. | 77,800 | 206 | |
Gunze Ltd. | 5,600 | 206 | |
Kansai Mirai Financial Group Inc. | 56,538 | 206 | |
Hogy Medical Co. Ltd. | 7,000 | 205 | |
Takara Standard Co. Ltd. | 15,600 | 205 | |
Toyo Ink SC Holdings Co. Ltd. | 11,000 | 204 | |
* | euglena Co. Ltd. | 24,300 | 204 |
Ohsho Food Service Corp. | 3,700 | 204 | |
Optex Group Co. Ltd. | 13,600 | 203 | |
Nissan Shatai Co. Ltd. | 24,000 | 203 | |
Fukushima Galilei Co. Ltd. | 5,400 | 202 | |
* | Descente Ltd. | 13,000 | 202 |
Bank of Okinawa Ltd. | 7,180 | 202 | |
Kameda Seika Co. Ltd. | 4,449 | 201 | |
Eiken Chemical Co. Ltd. | 10,500 | 201 | |
Takeuchi Manufacturing Co. Ltd. | 9,200 | 200 | |
Raito Kogyo Co. Ltd. | 14,100 | 200 | |
BML Inc. | 7,100 | 200 | |
Sanki Engineering Co. Ltd. | 18,400 | 199 | |
Nippon Soda Co. Ltd. | 7,600 | 199 | |
* | M&A Capital Partners Co. Ltd. | 4,400 | 199 |
Teikoku Sen-I Co. Ltd. | 7,900 | 199 | |
Nikkiso Co. Ltd. | 20,700 | 198 | |
Comture Corp. | 7,800 | 198 | |
Orient Corp. | 178,500 | 198 | |
Shizuoka Gas Co. Ltd. | 22,500 | 198 | |
Ehime Bank Ltd. | 18,400 | 197 | |
Tokyo Steel Manufacturing Co. Ltd. | 30,900 | 197 | |
Hyakugo Bank Ltd. | 64,000 | 196 | |
Heiwado Co. Ltd. | 9,600 | 195 | |
Chugoku Marine Paints Ltd. | 20,400 | 195 | |
SKY Perfect JSAT Holdings Inc. | 45,600 | 195 | |
Nissha Co. Ltd. | 16,500 | 194 | |
Nippon Seiki Co. Ltd. | 17,200 | 194 | |
Kissei Pharmaceutical Co. Ltd. | 9,848 | 194 | |
Argo Graphics Inc. | 6,300 | 194 | |
Ryoyo Electro Corp. | 7,000 | 193 | |
Daiho Corp. | 6,000 | 193 | |
Atom Corp. | 23,949 | 192 | |
Noevir Holdings Co. Ltd. | 4,300 | 192 | |
* | Grace Technology Inc. | 3,519 | 192 |
DyDo Group Holdings Inc. | 3,700 | 191 | |
Suruga Bank Ltd. | 58,500 | 191 | |
Max Co. Ltd. | 13,600 | 190 | |
Sumitomo Mitsui Construction Co. Ltd. | 49,120 | 190 | |
Japan Hotel REIT Investment Corp. | 389 | 188 | |
KOMEDA Holdings Co. Ltd. | 10,600 | 187 | |
T Hasegawa Co. Ltd. | 9,600 | 187 | |
Meidensha Corp. | 12,200 | 187 | |
Sakata INX Corp. | 17,900 | 186 | |
Toho Bank Ltd. | 85,400 | 186 | |
Shibuya Corp. | 6,000 | 186 | |
Nomura Co. Ltd. | 28,600 | 185 | |
Adastria Co. Ltd. | 10,640 | 185 | |
Torii Pharmaceutical Co. Ltd. | 6,500 | 185 | |
Musashi Seimitsu Industry Co. Ltd. | 17,600 | 184 | |
Kanamoto Co. Ltd. | 8,900 | 184 | |
Japan Petroleum Exploration Co. Ltd. | 11,600 | 183 | |
Mitsubishi Pencil Co. Ltd. | 14,100 | 182 | |
Ichigo Inc. | 63,600 | 180 | |
Japan Logistics Fund Inc. | 64 | 180 |
62 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Trancom Co. Ltd. | 2,500 | 180 | |
H2O Retailing Corp. | 27,300 | 179 | |
Nanto Bank Ltd. | 10,100 | 179 | |
Mitsubishi Logisnext Co. Ltd. | 21,200 | 179 | |
Yokogawa Bridge Holdings Corp. | 10,100 | 179 | |
Okamura Corp. | 23,400 | 179 | |
Genky DrugStores Co. Ltd. | 4,300 | 177 | |
^ | Kansai Super Market Ltd. | 15,400 | 177 |
GLOBERIDE Inc. | 5,400 | 177 | |
Japan Wool Textile Co. Ltd. | 18,200 | 177 | |
Mandom Corp. | 11,800 | 176 | |
Tamura Corp. | 37,000 | 176 | |
^ | Maeda Kosen Co. Ltd. | 6,600 | 175 |
United Super Markets Holdings Inc. | 16,160 | 174 | |
Yuasa Trading Co. Ltd. | 6,100 | 174 | |
Rorze Corp. | 3,900 | 174 | |
Sekisui Jushi Corp. | 8,600 | 174 | |
Megachips Corp. | 6,500 | 173 | |
Idec Corp. | 10,000 | 173 | |
Yellow Hat Ltd. | 10,500 | 172 | |
Shima Seiki Manufacturing Ltd. | 11,600 | 172 | |
Keihanshin Building Co. Ltd. | 9,500 | 172 | |
Fujimori Kogyo Co. Ltd. | 4,200 | 172 | |
Okasan Securities Group Inc. | 52,400 | 171 | |
Yodogawa Steel Works Ltd. | 9,100 | 171 | |
Nitta Corp. | 8,100 | 171 | |
Chudenko Corp. | 8,400 | 171 | |
Riken Keiki Co. Ltd. | 6,600 | 171 | |
Pressance Corp. | 12,500 | 171 | |
*,^ | Raksul Inc. | 3,500 | 170 |
Ryosan Co. Ltd. | 9,200 | 170 | |
Zuken Inc. | 6,700 | 170 | |
Dexerials Corp. | 14,800 | 169 | |
Royal Holdings Co. Ltd. | 9,900 | 168 | |
Nichi-iko Pharmaceutical Co. Ltd. | 16,950 | 168 | |
Sinfonia Technology Co. Ltd. | 15,400 | 168 | |
Sanyo Denki Co. Ltd. | 3,800 | 168 | |
Nippon Road Co. Ltd. | 2,300 | 167 | |
Tokushu Tokai Paper Co. Ltd. | 4,000 | 167 | |
Hirata Corp. | 2,680 | 167 | |
Sanshin Electronics Co. Ltd. | 8,600 | 166 | |
Bell System24 Holdings Inc. | 11,000 | 166 | |
Mitsui High-Tec Inc. | 8,100 | 165 | |
Restar Holdings Corp. | 7,700 | 165 | |
Taiko Pharmaceutical Co. Ltd. | 9,157 | 164 | |
Keiyo Bank Ltd. | 36,500 | 164 | |
Shinmaywa Industries Ltd. | 21,100 | 164 | |
Tokai Tokyo Financial Holdings Inc. | 62,800 | 162 | |
Curves Holdings Co. Ltd. | 26,104 | 160 | |
Nichicon Corp. | 19,800 | 160 | |
^ | North Pacific Bank Ltd. | 75,300 | 159 |
TSI Holdings Co. Ltd. | 67,600 | 159 | |
Tsukishima Kikai Co. Ltd. | 13,300 | 159 | |
Okuwa Co. Ltd. | 11,800 | 158 | |
Kitz Corp. | 29,200 | 158 | |
^ | KFC Holdings Japan Ltd. | 6,600 | 158 |
* | Nippon Denko Co. Ltd. | 66,600 | 157 |
Doshisha Co. Ltd. | 8,500 | 156 | |
Relia Inc. | 13,700 | 156 | |
Hokuto Corp. | 7,400 | 156 | |
UACJ Corp. | 9,800 | 155 | |
Chubu Shiryo Co. Ltd. | 11,600 | 154 | |
Joshin Denki Co. Ltd. | 6,200 | 154 | |
Japan Pulp & Paper Co. Ltd. | 4,400 | 154 |
63 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Nissin Electric Co. Ltd. | 15,300 | 153 | |
Uchida Yoko Co. Ltd. | 3,100 | 153 | |
Aeon Delight Co. Ltd. | 5,800 | 153 | |
ASKA Pharmaceutical Co. Ltd. | 12,100 | 153 | |
SAMTY Co. Ltd. | 9,600 | 152 | |
ValueCommerce Co. Ltd. | 4,800 | 152 | |
Vital KSK Holdings Inc. | 16,900 | 152 | |
Gree Inc. | 29,100 | 152 | |
Yokowo Co. Ltd. | 5,995 | 152 | |
*,^ | HIS Co. Ltd. | 11,200 | 151 |
Hiday Hidaka Corp. | 9,236 | 151 | |
Hamakyorex Co. Ltd. | 5,300 | 150 | |
Jaccs Co. Ltd. | 8,600 | 150 | |
Nextage Co. Ltd. | 12,500 | 150 | |
METAWATER Co. Ltd. | 6,400 | 150 | |
^ | Towa Pharmaceutical Co. Ltd. | 8,100 | 150 |
^ | COLOPL Inc. | 17,400 | 150 |
Fujio Food Group Inc. | 11,300 | 150 | |
* | GMO GlobalSign Holdings KK | 1,422 | 150 |
Musashino Bank Ltd. | 10,100 | 150 | |
*,^ | Create Restaurants Holdings Inc. | 28,600 | 150 |
Daiichi Jitsugyo Co. Ltd. | 4,200 | 149 | |
Tsurumi Manufacturing Co. Ltd. | 8,800 | 148 | |
Aomori Bank Ltd. | 6,700 | 148 | |
Shibaura Machine Co. Ltd. | 7,400 | 148 | |
Exedy Corp. | 11,700 | 147 | |
Future Corp. | 8,600 | 147 | |
T-Gaia Corp. | 8,000 | 147 | |
Maruzen Showa Unyu Co. Ltd. | 5,000 | 147 | |
Nippon Carbon Co. Ltd. | 4,200 | 146 | |
S-Pool Inc. | 21,565 | 146 | |
Kaga Electronics Co. Ltd. | 7,500 | 145 | |
Intage Holdings Inc. | 15,800 | 145 | |
Hyakujushi Bank Ltd. | 9,100 | 145 | |
Mitsuuroko Group Holdings Co. Ltd. | 12,100 | 145 | |
Ringer Hut Co. Ltd. | 6,700 | 145 | |
Sato Holdings Corp. | 7,600 | 145 | |
Sanyo Chemical Industries Ltd. | 3,400 | 144 | |
^ | Bank of Nagoya Ltd. | 5,800 | 144 |
Itochu Enex Co. Ltd. | 15,300 | 144 | |
TBS Holdings Inc. | 9,300 | 144 | |
Shin-Etsu Polymer Co. Ltd. | 16,100 | 143 | |
Fukui Bank Ltd. | 8,000 | 143 | |
Token Corp. | 1,900 | 143 | |
Round One Corp. | 18,200 | 143 | |
Nippon Signal Company Ltd. | 16,400 | 143 | |
Alconix Corp. | 10,019 | 142 | |
Fujicco Co. Ltd. | 7,400 | 142 | |
Aida Engineering Ltd. | 18,500 | 141 | |
Kisoji Co. Ltd. | 6,000 | 141 | |
Avex Inc. | 14,500 | 140 | |
Invincible Investment Corp. | 437 | 140 | |
Monex Group Inc. | 57,900 | 139 | |
Wakita & Co. Ltd. | 13,400 | 139 | |
Pacific Industrial Co. Ltd. | 13,800 | 139 | |
Nippon Kanzai Co. Ltd. | 7,100 | 138 | |
Geo Holdings Corp. | 9,300 | 138 | |
Osaka Soda Co. Ltd. | 5,800 | 138 | |
Broadleaf Co. Ltd. | 26,400 | 138 | |
Siix Corp. | 11,600 | 137 | |
Saizeriya Co. Ltd. | 7,900 | 137 | |
TechMatrix Corp. | 6,400 | 136 | |
Plenus Co. Ltd. | 8,300 | 136 | |
Mori Hills REIT Investment Corp. | 110 | 135 |
64 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Sakai Moving Service Co. Ltd. | 3,000 | 135 | |
TOMONY Holdings Inc. | 44,900 | 135 | |
Inageya Co. Ltd. | 7,747 | 135 | |
Chukyo Bank Ltd. | 6,700 | 135 | |
Dainichiseika Color & Chemicals Manufacturing Co. Ltd. | 6,500 | 135 | |
Inabata & Co. Ltd. | 11,600 | 135 | |
Yondoshi Holdings Inc. | 7,900 | 135 | |
Hioki EE Corp. | 3,800 | 134 | |
Mizuno Corp. | 8,000 | 134 | |
Daito Pharmaceutical Co. Ltd. | 3,500 | 134 | |
Daibiru Corp. | 11,700 | 132 | |
Oiles Corp. | 9,460 | 132 | |
Senshu Ikeda Holdings Inc. | 86,400 | 132 | |
Miroku Jyoho Service Co. Ltd. | 6,500 | 132 | |
Nitto Kogyo Corp. | 7,100 | 131 | |
Nippon Steel Trading Corp. | 4,600 | 131 | |
Topre Corp. | 13,000 | 131 | |
ARTERIA Networks Corp. | 8,300 | 131 | |
Sumida Corp. | 16,634 | 131 | |
YAMABIKO Corp. | 10,400 | 130 | |
Mitsubishi Shokuhin Co. Ltd. | 5,000 | 130 | |
Media Do Co. Ltd. | 1,830 | 129 | |
* | Kappa Create Co. Ltd. | 9,500 | 129 |
Doutor Nichires Holdings Co. Ltd. | 9,200 | 129 | |
Nippon Ceramic Co. Ltd. | 5,300 | 129 | |
Toyo Construction Co. Ltd. | 33,600 | 129 | |
Aichi Bank Ltd. | 4,700 | 129 | |
Fujibo Holdings Inc. | 3,700 | 129 | |
Japan Securities Finance Co. Ltd. | 27,300 | 129 | |
Hokuetsu Corp. | 38,700 | 128 | |
Hosiden Corp. | 14,400 | 128 | |
Tenma Corp. | 7,300 | 128 | |
Piolax Inc. | 8,700 | 128 | |
Tsukui Holdings Corp. | 25,500 | 127 | |
LEC Inc. | 9,000 | 127 | |
Toppan Forms Co. Ltd. | 13,100 | 126 | |
Miyazaki Bank Ltd. | 5,800 | 125 | |
Bunka Shutter Co. Ltd. | 15,800 | 124 | |
Shimizu Bank Ltd. | 7,800 | 124 | |
^ | Shoei Foods Corp. | 3,400 | 123 |
SB Technology Corp. | 3,600 | 123 | |
Tokyu Construction Co. Ltd. | 27,800 | 122 | |
Shikoku Chemicals Corp. | 11,100 | 122 | |
Yokohama Reito Co. Ltd. | 15,100 | 122 | |
* | KYB Corp. | 5,900 | 122 |
Obara Group Inc. | 3,500 | 121 | |
ESPEC Corp. | 7,500 | 121 | |
Tokai Corp. | 6,200 | 121 | |
Star Micronics Co. Ltd. | 9,000 | 121 | |
Fuji Co. Ltd. | 6,500 | 120 | |
Mitsui-Soko Holdings Co. Ltd. | 6,800 | 120 | |
AEON REIT Investment Corp. | 106 | 120 | |
FULLCAST Holdings Co. Ltd. | 8,066 | 120 | |
Macromill Inc. | 19,300 | 120 | |
Fuji Media Holdings Inc. | 12,400 | 119 | |
NIPPON REIT Investment Corp. | 37 | 119 | |
^ | eRex Co. Ltd. | 10,600 | 119 |
Sanei Architecture Planning Co. Ltd. | 7,200 | 119 | |
* | Osaka Organic Chemical Industry Ltd. | 4,500 | 119 |
Fuso Pharmaceutical Industries Ltd. | 4,700 | 119 | |
Ricoh Leasing Co. Ltd. | 4,400 | 118 | |
*,^ | Leopalace21 Corp. | 75,300 | 118 |
Kyokuto Kaihatsu Kogyo Co. Ltd. | 9,500 | 117 | |
Toenec Corp. | 3,600 | 117 |
65 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Nagatanien Holdings Co. Ltd. | 5,500 | 117 | |
Enigmo Inc. | 8,700 | 117 | |
Tachi-S Co. Ltd. | 11,500 | 116 | |
Hulic Reit Inc. | 88 | 116 | |
* | Istyle Inc. | 33,400 | 116 |
Elan Corp. | 5,100 | 115 | |
Shimojima Co. Ltd. | 9,000 | 115 | |
Kojima Co. Ltd. | 17,300 | 115 | |
Taihei Dengyo Kaisha Ltd. | 5,300 | 115 | |
Bank of Iwate Ltd. | 5,100 | 114 | |
Matsuda Sangyo Co. Ltd. | 8,300 | 114 | |
Daiwa Office Investment Corp. | 21 | 114 | |
* | Maxell Holdings Ltd. | 10,900 | 114 |
Konoike Transport Co. Ltd. | 10,900 | 114 | |
* | Nippon Sheet Glass Co. Ltd. | 32,774 | 114 |
Denyo Co. Ltd. | 5,100 | 114 | |
TPR Co. Ltd. | 9,500 | 114 | |
Press Kogyo Co. Ltd. | 42,700 | 114 | |
Cawachi Ltd. | 4,000 | 113 | |
Kurabo Industries Ltd. | 6,300 | 113 | |
Modec Inc. | 7,800 | 113 | |
Oita Bank Ltd. | 4,900 | 113 | |
Seikagaku Corp. | 12,300 | 113 | |
France Bed Holdings Co. Ltd. | 14,000 | 113 | |
Katakura Industries Co. Ltd. | 10,200 | 113 | |
Yamashin-Filter Corp. | 9,851 | 113 | |
V Technology Co. Ltd. | 2,600 | 111 | |
Daiwa Industries Ltd. | 12,400 | 111 | |
Mars Group Holdings Corp. | 7,200 | 111 | |
Key Coffee Inc. | 5,400 | 110 | |
Dai-Dan Co. Ltd. | 4,500 | 110 | |
Kenedix Office Investment Corp. | 19 | 110 | |
Sintokogio Ltd. | 15,900 | 110 | |
Anest Iwata Corp. | 13,700 | 110 | |
Pacific Metals Co. Ltd. | 7,100 | 110 | |
Furukawa Co. Ltd. | 10,600 | 110 | |
DKK Co. Ltd. | 4,400 | 109 | |
Hisaka Works Ltd. | 12,900 | 109 | |
Rock Field Co. Ltd. | 8,000 | 109 | |
Okabe Co. Ltd. | 14,400 | 109 | |
Nippon Yakin Kogyo Co. Ltd. | 7,549 | 109 | |
Nohmi Bosai Ltd. | 5,000 | 108 | |
Zenrin Co. Ltd. | 9,850 | 108 | |
Chofu Seisakusho Co. Ltd. | 5,300 | 108 | |
Shinko Shoji Co. Ltd. | 13,000 | 107 | |
Riso Kyoiku Co. Ltd. | 36,600 | 107 | |
Marudai Food Co. Ltd. | 6,800 | 107 | |
^ | Kitanotatsujin Corp. | 22,900 | 107 |
Computer Engineering & Consulting Ltd. | 7,426 | 106 | |
SWCC Showa Holdings Co. Ltd. | 9,500 | 106 | |
Dip Corp. | 5,500 | 106 | |
Ines Corp. | 7,400 | 106 | |
Mitsui Fudosan Logistics Park Inc. | 22 | 105 | |
Tanseisha Co. Ltd. | 15,500 | 105 | |
Japan Best Rescue System Co. Ltd. | 10,955 | 105 | |
Itochu-Shokuhin Co. Ltd. | 2,000 | 105 | |
Tsubaki Nakashima Co. Ltd. | 14,100 | 104 | |
Jimoto Holdings Inc. | 11,749 | 104 | |
Towa Corp. | 8,951 | 104 | |
United Arrows Ltd. | 7,600 | 103 | |
Unipres Corp. | 13,300 | 103 | |
Noritake Co. Ltd. | 3,500 | 103 | |
Yamanashi Chuo Bank Ltd. | 12,600 | 103 | |
Pasona Group Inc. | 6,700 | 103 |
66 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
EPS Holdings Inc. | 11,300 | 102 | |
Bank of the Ryukyus Ltd. | 12,400 | 102 | |
Tosei Corp. | 10,200 | 102 | |
* | Mitsuba Corp. | 27,900 | 102 |
Konishi Co. Ltd. | 7,000 | 102 | |
Mitsuboshi Belting Ltd. | 6,500 | 102 | |
Japan Cash Machine Co. Ltd. | 20,500 | 101 | |
Toyo Tanso Co. Ltd. | 6,000 | 101 | |
Pack Corp. | 3,600 | 101 | |
Mimasu Semiconductor Industry Co. Ltd. | 4,300 | 101 | |
Kanematsu Electronics Ltd. | 2,500 | 101 | |
YA-MAN Ltd. | 7,100 | 101 | |
Rokko Butter Co. Ltd. | 6,200 | 101 | |
Nishio Rent All Co. Ltd. | 5,200 | 101 | |
*,^ | KNT-CT Holdings Co. Ltd. | 10,900 | 101 |
Tayca Corp. | 7,561 | 101 | |
Taki Chemical Co. Ltd. | 1,600 | 101 | |
Starzen Co. Ltd. | 2,700 | 100 | |
Yorozu Corp. | 9,300 | 100 | |
SBS Holdings Inc. | 4,400 | 100 | |
Kita-Nippon Bank Ltd. | 5,500 | 100 | |
Nippon Koei Co. Ltd. | 3,800 | 100 | |
JM Holdings Co. Ltd. | 4,400 | 100 | |
Tamron Co. Ltd. | 6,700 | 100 | |
Tachibana Eletech Co. Ltd. | 6,100 | 100 | |
Sanyo Electric Railway Co. Ltd. | 5,081 | 100 | |
Advan Co. Ltd. | 8,200 | 100 | |
J-Oil Mills Inc. | 2,800 | 99 | |
* | Vector Inc. | 11,600 | 99 |
*,^ | FDK Corp. | 11,600 | 99 |
* | Chiyoda Corp. | 45,400 | 98 |
* | BrainPad Inc. | 2,570 | 98 |
TV Asahi Holdings Corp. | 6,500 | 98 | |
Toa Corp. | 5,500 | 98 | |
* | Micronics Japan Co. Ltd. | 9,900 | 98 |
PAL GROUP Holdings Co. Ltd. | 8,400 | 98 | |
Nippon Beet Sugar Manufacturing Co. Ltd. | 5,900 | 97 | |
Belluna Co. Ltd. | 11,900 | 97 | |
Valqua Ltd. | 5,800 | 97 | |
Meisei Industrial Co. Ltd. | 12,500 | 96 | |
*,^ | Japan Display Inc. | 196,500 | 96 |
Goldcrest Co. Ltd. | 7,500 | 96 | |
Fujiya Co. Ltd. | 4,300 | 96 | |
Sumitomo Seika Chemicals Co. Ltd. | 3,000 | 95 | |
Yamagata Bank Ltd. | 7,700 | 95 | |
San ju San Financial Group Inc. | 7,580 | 95 | |
Invesco Office J-Reit Inc. | 761 | 94 | |
^ | Noritsu Koki Co. Ltd. | 5,100 | 94 |
Organo Corp. | 1,800 | 94 | |
Riso Kagaku Corp. | 7,800 | 94 | |
Bank of Saga Ltd. | 7,600 | 94 | |
SRA Holdings | 4,300 | 93 | |
Hodogaya Chemical Co. Ltd. | 2,100 | 93 | |
Seiko Holdings Corp. | 7,400 | 93 | |
Sodick Co. Ltd. | 12,500 | 93 | |
Ateam Inc. | 11,500 | 92 | |
Maezawa Kyuso Industries Co. Ltd. | 4,300 | 92 | |
Arcland Service Holdings Co. Ltd. | 4,800 | 92 | |
Zuiko Corp. | 9,200 | 92 | |
Godo Steel Ltd. | 5,000 | 92 | |
Kyodo Printing Co. Ltd. | 3,900 | 91 | |
Kyokuyo Co. Ltd. | 3,500 | 91 | |
Iino Kaiun Kaisha Ltd. | 26,500 | 91 | |
^ | Tokyo Electron Device Ltd. | 3,100 | 91 |
67 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Toho Zinc Co. Ltd. | 4,600 | 90 |
Rheon Automatic Machinery Co. Ltd. | 9,280 | 90 | |
Weathernews Inc. | 1,700 | 90 | |
Maxvalu Tokai Co. Ltd. | 3,600 | 90 | |
Poletowin Pitcrew Holdings Inc. | 10,300 | 90 | |
Nippon Television Holdings Inc. | 8,500 | 90 | |
Nichiden Corp. | 4,300 | 89 | |
Daiwa Securities Living Investments Corp. | 91 | 89 | |
Honeys Holdings Co. Ltd. | 9,560 | 89 | |
Ryobi Ltd. | 8,200 | 89 | |
Matsuya Co. Ltd. | 13,300 | 87 | |
ES-Con Japan Ltd. | 10,700 | 87 | |
Mitsui Sugar Co. Ltd. | 5,000 | 87 | |
ZIGExN Co. Ltd. | 29,200 | 87 | |
Komatsu Matere Co. Ltd. | 10,700 | 87 | |
Fujitsu Frontech Ltd. | 5,900 | 87 | |
Sinko Industries Ltd. | 6,159 | 86 | |
Nichiban Co. Ltd. | 5,500 | 86 | |
Hoosiers Holdings | 13,500 | 86 | |
Tonami Holdings Co. Ltd. | 1,600 | 86 | |
FIDEA Holdings Co. Ltd. | 87,900 | 85 | |
Futaba Industrial Co. Ltd. | 16,800 | 85 | |
Tokyo Kiraboshi Financial Group Inc. | 7,749 | 85 | |
G-Tekt Corp. | 7,500 | 84 | |
Kenko Mayonnaise Co. Ltd. | 5,000 | 84 | |
Riken Vitamin Co. Ltd. | 5,700 | 84 | |
Daido Metal Co. Ltd. | 17,300 | 84 | |
Toa Corp. | 10,600 | 84 | |
Japan Medical Dynamic Marketing Inc. | 3,957 | 84 | |
EM Systems Co. Ltd. | 11,000 | 83 | |
TOC Co. Ltd. | 13,600 | 83 | |
Hibiya Engineering Ltd. | 5,100 | 82 | |
JP-Holdings Inc. | 28,700 | 82 | |
Arakawa Chemical Industries Ltd. | 7,400 | 82 | |
Sakai Chemical Industry Co. Ltd. | 4,400 | 81 | |
Kanaden Corp. | 6,100 | 81 | |
Gakken Holdings Co. Ltd. | 6,000 | 81 | |
Sumitomo Densetsu Co. Ltd. | 3,400 | 81 | |
Kanto Denka Kogyo Co. Ltd. | 12,000 | 81 | |
Icom Inc. | 3,100 | 81 | |
Optorun Co. Ltd. | 4,100 | 81 | |
*,^ | Vision Inc. | 9,300 | 81 |
BeNEXT Group Inc. | 8,600 | 81 | |
K&O Energy Group Inc. | 5,800 | 80 | |
Mitsubishi Research Institute Inc. | 2,200 | 80 | |
Koa Corp. | 6,400 | 79 | |
Aichi Steel Corp. | 3,300 | 79 | |
LIFULL Co. Ltd. | 21,100 | 79 | |
Dai Nippon Toryo Co. Ltd. | 8,500 | 79 | |
Nihon Nohyaku Co. Ltd. | 17,100 | 79 | |
*,^ | Sagami Holdings Corp. | 6,500 | 79 |
Eagle Industry Co. Ltd. | 9,900 | 79 | |
Osaki Electric Co. Ltd. | 13,000 | 78 | |
Komori Corp. | 12,200 | 78 | |
Nissei ASB Machine Co. Ltd. | 2,000 | 78 | |
^ | I'll Inc. | 6,000 | 77 |
Toyo Kanetsu KK | 3,600 | 77 | |
Sparx Group Co. Ltd. | 35,700 | 77 | |
Takamiya Co. Ltd. | 14,800 | 77 | |
Achilles Corp. | 5,100 | 77 | |
ST Corp. | 4,000 | 77 | |
Takasago International Corp. | 3,900 | 76 | |
Riken Corp. | 3,200 | 76 | |
Kamei Corp. | 7,500 | 76 |
68 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
^ | Alpha Systems Inc. | 2,500 | 76 |
IDOM Inc. | 13,800 | 76 | |
World Holdings Co. Ltd. | 3,700 | 75 | |
Shin Nippon Air Technologies Co. Ltd. | 3,700 | 75 | |
Nitto Kohki Co. Ltd. | 4,500 | 75 | |
Ichikoh Industries Ltd. | 17,000 | 74 | |
VT Holdings Co. Ltd. | 21,100 | 74 | |
* | Mitsui E&S Holdings Co. Ltd. | 23,300 | 74 |
^ | Kanagawa Chuo Kotsu Co. Ltd. | 2,000 | 74 |
Gurunavi Inc. | 12,400 | 74 | |
YAKUODO Holdings Co. Ltd. | 3,000 | 74 | |
^ | Insource Co. Ltd. | 2,800 | 73 |
Airtrip Corp. | 5,625 | 73 | |
Kyoei Steel Ltd. | 5,800 | 73 | |
Corona Corp. Class A | 8,100 | 73 | |
Amuse Inc. | 3,000 | 73 | |
Tekken Corp. | 3,900 | 73 | |
Sankyo Tateyama Inc. | 8,200 | 73 | |
Stella Chemifa Corp. | 2,600 | 73 | |
Takara Leben Co. Ltd. | 26,000 | 73 | |
Marusan Securities Co. Ltd. | 16,100 | 72 | |
OSJB Holdings Corp. | 31,300 | 72 | |
Futaba Corp. | 8,400 | 72 | |
Bando Chemical Industries Ltd. | 13,100 | 72 | |
Japan Transcity Corp. | 15,200 | 71 | |
Daikyonishikawa Corp. | 12,800 | 71 | |
Financial Products Group Co. Ltd. | 16,200 | 70 | |
* | Nippon Chemi-Con Corp. | 5,500 | 70 |
Kitano Construction Corp. | 2,900 | 70 | |
Hosokawa Micron Corp. | 1,400 | 70 | |
Enplas Corp. | 3,200 | 70 | |
World Co. Ltd. | 5,500 | 70 | |
Osaka Steel Co. Ltd. | 6,500 | 70 | |
Sinanen Holdings Co. Ltd. | 2,400 | 70 | |
Mie Kotsu Group Holdings Inc. | 15,900 | 69 | |
NS United Kaiun Kaisha Ltd. | 5,100 | 69 | |
Akita Bank Ltd. | 5,100 | 69 | |
Kurimoto Ltd. | 3,900 | 69 | |
^ | Ohara Inc. | 5,800 | 69 |
Sourcenext Corp. | 24,700 | 69 | |
Sun Frontier Fudousan Co. Ltd. | 8,500 | 68 | |
PIA Corp. | 2,500 | 68 | |
* | Aoyama Trading Co. Ltd. | 14,200 | 68 |
GCA Corp. | 10,800 | 68 | |
RS Technologies Co. Ltd. | 2,000 | 67 | |
Daiken Corp. | 3,600 | 67 | |
Fukui Computer Holdings Inc. | 2,200 | 67 | |
Nihon Tokushu Toryo Co. Ltd. | 7,500 | 67 | |
Tv Tokyo Holdings Corp. | 3,000 | 67 | |
* | Sanyo Special Steel Co. Ltd. | 6,800 | 67 |
^ | PC Depot Corp. | 10,920 | 67 |
Onward Holdings Co. Ltd. | 34,000 | 67 | |
Feed One Co. Ltd. | 7,580 | 66 | |
Yahagi Construction Co. Ltd. | 8,200 | 66 | |
Ebase Co. Ltd. | 7,100 | 66 | |
Central Security Patrols Co. Ltd. | 2,119 | 66 | |
Takamatsu Construction Group Co. Ltd. | 3,200 | 66 | |
St. Marc Holdings Co. Ltd. | 4,600 | 66 | |
* | Kourakuen Holdings Corp. | 4,200 | 65 |
*,^ | Atrae Inc. | 2,500 | 65 |
Foster Electric Co. Ltd. | 5,600 | 64 | |
Paris Miki Holdings Inc. | 24,200 | 64 | |
CI Takiron Corp. | 10,000 | 64 | |
NichiiGakkan Co. Ltd. | 4,000 | 64 |
69 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
JDC Corp. | 12,200 | 63 | |
Shibusawa Warehouse Co. Ltd. | 3,300 | 63 | |
Asahi Co. Ltd. | 3,800 | 63 | |
KAWADA TECHNOLOGIES Inc. | 1,500 | 63 | |
Fixstars Corp. | 6,600 | 62 | |
Towa Bank Ltd. | 9,400 | 62 | |
MTI Ltd. | 7,000 | 62 | |
*,^ | RPA Holdings Inc. | 8,948 | 62 |
FAN Communications Inc. | 13,700 | 61 | |
Hito Communications Holdings Inc. | 4,700 | 61 | |
Digital Holdings Inc. | 4,895 | 61 | |
Michinoku Bank Ltd. | 5,500 | 61 | |
Happinet Corp. | 4,500 | 60 | |
G-7 Holdings Inc. | 2,600 | 60 | |
Kyosan Electric Manufacturing Co. Ltd. | 15,000 | 60 | |
Shikoku Bank Ltd. | 8,700 | 59 | |
Canon Electronics Inc. | 4,300 | 59 | |
Union Tool Co. | 2,000 | 59 | |
Qol Holdings Co. Ltd. | 5,400 | 59 | |
Link And Motivation Inc. | 15,500 | 59 | |
CTS Co. Ltd. | 6,679 | 58 | |
Alpen Co. Ltd. | 3,000 | 58 | |
Hochiki Corp. | 5,000 | 58 | |
Riken Technos Corp. | 15,200 | 58 | |
Asahi Diamond Industrial Co. Ltd. | 12,600 | 58 | |
Fuji Pharma Co. Ltd. | 5,200 | 58 | |
Hakuto Co. Ltd. | 5,492 | 58 | |
Nissin Sugar Co. Ltd. | 3,300 | 57 | |
Fukuda Corp. | 1,200 | 57 | |
Teikoku Electric Manufacturing Co. Ltd. | 5,900 | 57 | |
Tochigi Bank Ltd. | 33,000 | 57 | |
Marvelous Inc. | 7,600 | 57 | |
JVCKenwood Corp. | 42,200 | 57 | |
ASAHI YUKIZAI Corp. | 4,400 | 57 | |
Furuno Electric Co. Ltd. | 5,100 | 57 | |
Elematec Corp. | 6,200 | 57 | |
Iseki & Co. Ltd. | 4,400 | 57 | |
Halows Co. Ltd. | 1,800 | 57 | |
JAC Recruitment Co. Ltd. | 4,700 | 56 | |
Matsuyafoods Holdings Co. Ltd. | 1,700 | 56 | |
Kenedix Residential Next Investment Corp. | 34 | 56 | |
Itoki Corp. | 17,000 | 55 | |
Oyo Corp. | 4,800 | 55 | |
*,^ | Open Door Inc. | 4,800 | 55 |
Comforia Residential REIT Inc. | 19 | 54 | |
Jamco Corp. | 9,600 | 54 | |
* | Unitika Ltd. | 16,400 | 54 |
Onoken Co. Ltd. | 4,800 | 53 | |
Nippon Parking Development Co. Ltd. | 43,500 | 53 | |
Neturen Co. Ltd. | 11,600 | 53 | |
Nissin Corp. | 3,800 | 53 | |
Chiyoda Integre Co. Ltd. | 3,600 | 53 | |
Hokkaido Gas Co. Ltd. | 3,700 | 53 | |
* | Topy Industries Ltd. | 5,000 | 52 |
Kintetsu Department Store Co. Ltd. | 1,700 | 52 | |
Torishima Pump Manufacturing Co. Ltd. | 6,900 | 52 | |
Koshidaka Holdings Co. Ltd. | 13,904 | 52 | |
Nittetsu Mining Co. Ltd. | 1,200 | 52 | |
BRONCO BILLY Co. Ltd. | 2,400 | 52 | |
Studio Alice Co. Ltd. | 2,800 | 52 | |
Tsutsumi Jewelry Co. Ltd. | 2,300 | 52 | |
* | Nichireki Co. Ltd. | 3,200 | 52 |
Warabeya Nichiyo Holdings Co. Ltd. | 3,600 | 51 | |
Krosaki Harima Corp. | 1,900 | 51 |
70 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Ryoden Corp. | 3,500 | 51 | |
Koatsu Gas Kogyo Co. Ltd. | 7,000 | 51 | |
Chiyoda Co. Ltd. | 5,800 | 51 | |
* | W-Scope Corp. | 8,000 | 51 |
Moriroku Holdings Co. Ltd. | 2,900 | 51 | |
Frontier Real Estate Investment Corp. | 15 | 50 | |
* | COOKPAD Inc. | 13,700 | 50 |
Nippon Thompson Co. Ltd. | 15,000 | 50 | |
^ | Sanoh Industrial Co. Ltd. | 8,600 | 50 |
Tatsuta Electric Wire and Cable Co. Ltd. | 9,200 | 50 | |
Daikokutenbussan Co. Ltd. | 900 | 49 | |
Tsukuba Bank Ltd. | 28,800 | 49 | |
Daisyo Corp. | 4,700 | 49 | |
Aichi Corp. | 5,600 | 48 | |
SMK Corp. | 1,900 | 48 | |
Xebio Holdings Co. Ltd. | 7,400 | 48 | |
Fujikura Kasei Co. Ltd. | 10,600 | 48 | |
Wowow Inc. | 1,800 | 47 | |
Premier Investment Corp. | 43 | 47 | |
Melco Holdings Inc. | 1,800 | 47 | |
Takaoka Toko Co. Ltd. | 4,800 | 46 | |
Sankyo Seiko Co. Ltd. | 11,500 | 46 | |
Tokyo Energy & Systems Inc. | 6,000 | 46 | |
Shindengen Electric Manufacturing Co. Ltd. | 2,400 | 46 | |
Yomiuri Land Co. Ltd. | 1,100 | 46 | |
Juki Corp. | 10,700 | 45 | |
Akatsuki Inc. | 1,000 | 45 | |
NEC Capital Solutions Ltd. | 2,600 | 44 | |
Toho Titanium Co. Ltd. | 7,300 | 44 | |
^ | J Trust Co. Ltd. | 20,500 | 44 |
Kyokuto Securities Co. Ltd. | 6,700 | 43 | |
Shinnihon Corp. | 5,200 | 43 | |
Cosel Co. Ltd. | 4,500 | 43 | |
CMK Corp. | 9,600 | 43 | |
Japan Excellent Inc. | 39 | 43 | |
^ | Hoshino Resorts REIT Inc. | 9 | 42 |
Aeon Fantasy Co. Ltd. | 2,200 | 42 | |
Yushin Precision Equipment Co. Ltd. | 6,400 | 42 | |
Yurtec Corp. | 7,000 | 42 | |
Nihon Chouzai Co. Ltd. | 2,600 | 42 | |
^ | Shin Nippon Biomedical Laboratories Ltd. | 6,500 | 42 |
CAC Holdings Corp. | 3,300 | 41 | |
Mori Trust Sogo Reit Inc. | 34 | 41 | |
Artnature Inc. | 7,000 | 41 | |
Okura Industrial Co. Ltd. | 2,400 | 40 | |
CONEXIO Corp. | 3,300 | 40 | |
Chuo Spring Co. Ltd. | 1,400 | 39 | |
WATAMI Co. Ltd. | 4,300 | 39 | |
Hokkan Holdings Ltd. | 3,000 | 38 | |
Tosho Co. Ltd. | 3,300 | 38 | |
AOKI Holdings Inc. | 8,800 | 38 | |
CMIC Holdings Co. Ltd. | 3,100 | 38 | |
*,^ | Laox Co. Ltd. | 23,300 | 38 |
Tomoku Co. Ltd. | 2,400 | 38 | |
Yonex Co. Ltd. | 6,700 | 38 | |
Proto Corp. | 3,500 | 38 | |
Central Sports Co. Ltd. | 1,750 | 37 | |
Kamakura Shinsho Ltd. | 3,700 | 37 | |
Fujita Kanko Inc. | 2,500 | 36 | |
Kasai Kogyo Co. Ltd. | 10,600 | 35 | |
MCUBS MidCity Investment Corp | 49 | 35 | |
Aisan Industry Co. Ltd. | 7,900 | 34 | |
Sac's Bar Holdings Inc. | 6,500 | 34 | |
DKS Co. Ltd. | 800 | 33 |
71 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
JSP Corp. | 2,300 | 33 | |
Ministop Co. Ltd. | 2,600 | 33 | |
Global One Real Estate Investment Corp. | 36 | 32 | |
Shinwa Co. Ltd. | 1,800 | 32 | |
I-PEX Inc. | 1,800 | 32 | |
Roland DG Corp. | 2,600 | 32 | |
Ichigo Office REIT Investment Corp. | 48 | 31 | |
Toa Oil Co. Ltd. | 1,800 | 31 | |
* | OSAKA Titanium Technologies Co. Ltd. | 4,100 | 30 |
WDB Holdings Co. Ltd. | 1,040 | 30 | |
Sumitomo Riko Co. Ltd. | 5,900 | 30 | |
Tokyu REIT Inc. | 22 | 30 | |
Sekisui Kasei Co. Ltd. | 5,500 | 29 | |
Nihon Trim Co. Ltd. | 800 | 29 | |
* | Akebono Brake Industry Co. Ltd. | 21,900 | 29 |
Fukuoka REIT Corp. | 24 | 29 | |
Chori Co. Ltd. | 1,900 | 29 | |
Gecoss Corp. | 3,200 | 28 | |
Hankyu Hanshin REIT Inc. | 25 | 28 | |
* | Nippon Sharyo Ltd. | 1,200 | 27 |
Mitsubishi Paper Mills Ltd. | 8,500 | 25 | |
* | KLab Inc. | 3,100 | 25 |
* | CHIMNEY Co. Ltd. | 2,100 | 25 |
Mirai Corp. | 71 | 25 | |
Maezawa Kasei Industries Co. Ltd. | 2,600 | 24 | |
Mitsubishi Estate Logistics REIT Investment Corp. | 6 | 24 | |
Aiphone Co. Ltd. | 1,700 | 24 | |
* | Funai Electric Co. Ltd. | 5,700 | 24 |
Heiwa Real Estate REIT Inc. | 22 | 24 | |
Taisei Lamick Co. Ltd. | 900 | 23 | |
Cleanup Corp. | 5,000 | 23 | |
Taiho Kogyo Co. Ltd. | 4,500 | 23 | |
SOSiLA Logistics REIT Inc. | 17 | 22 | |
Kato Works Co. Ltd. | 2,200 | 21 | |
Ichiyoshi Securities Co. Ltd. | 5,200 | 21 | |
Kenedix Retail REIT Corp. | 10 | 19 | |
Nippon Coke & Engineering Co. Ltd. | 28,400 | 18 | |
Nakayama Steel Works Ltd. | 5,000 | 17 | |
Itochu Advance Logistics Investment Corp. | 12 | 16 | |
One REIT Inc. | 7 | 16 | |
Toyo Corp. | 1,700 | 15 | |
Ishihara Sangyo Kaisha Ltd. | 2,300 | 15 | |
CRE Logistics REIT Inc. | 9 | 13 | |
Takara Leben Real Estate Investment Corp. | 15 | 12 | |
Starts Proceed Investment Corp. | 6 | 11 | |
* | Gunosy Inc. | 1,500 | 11 |
Seika Corp. | 800 | 10 | |
Linical Co. Ltd. | 1,300 | 9 | |
Tokyo Rakutenchi Co. Ltd. | 200 | 8 | |
Nisso Corp. | 1,000 | 7 | |
Samty Residential Investment Corp. | 6 | 6 | |
Mori Trust Hotel Reit Inc. | 5 | 5 | |
Kitagawa Corp. | 200 | 2 | |
Meiko Network Japan Co. Ltd. | 300 | 2 | |
1,473,308 | |||
Kuwait (0.1%) | |||
National Bank of Kuwait SAKP | 2,311,326 | 6,386 | |
Kuwait Finance House KSCP | 1,396,793 | 3,007 | |
Mobile Telecommunications Co. KSC | 767,489 | 1,464 | |
Ahli United Bank BSC | 1,821,559 | 1,401 | |
Agility Public Warehousing Co. KSC | 352,962 | 765 | |
Boubyan Bank KSCP | 330,516 | 642 | |
Gulf Bank KSCP | 596,345 | 431 | |
Mabanee Co. SAK | 183,453 | 389 |
72 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Humansoft Holding Co. KSC | 29,876 | 284 |
* | Warba Bank KSCP | 320,991 | 251 |
Boubyan Petrochemicals Co. KSCP | 131,961 | 231 | |
Kuwait Projects Co. Holding KSCP | 352,864 | 179 | |
National Industries Group Holding SAK | 266,989 | 158 | |
Burgan Bank SAK | 221,309 | 150 | |
Kuwait International Bank KSCP | 214,350 | 144 | |
Integrated Holding Co. KCSC | 64,389 | 77 | |
* | Alimtiaz Investment Group KSC | 142,055 | 46 |
16,005 | |||
Luxembourg (0.0%) | |||
Tenaris SA ADR | 28,752 | 275 | |
Malaysia (0.2%) | |||
Public Bank Bhd. (Local) | 1,075,446 | 3,902 | |
Top Glove Corp. Bhd. | 1,782,600 | 3,677 | |
Malayan Banking Bhd. | 2,113,681 | 3,559 | |
Tenaga Nasional Bhd. | 1,374,374 | 3,155 | |
Hartalega Holdings Bhd. | 507,800 | 2,203 | |
CIMB Group Holdings Bhd. | 2,509,852 | 1,781 | |
Sime Darby Plantation Bhd. | 1,267,275 | 1,476 | |
Dialog Group Bhd. | 1,630,748 | 1,452 | |
Petronas Chemicals Group Bhd. | 1,024,989 | 1,444 | |
* | Supermax Corp. Bhd. | 558,446 | 1,275 |
IHH Healthcare Bhd. | 1,064,020 | 1,273 | |
DiGi.Com Bhd. | 1,279,800 | 1,161 | |
IOI Corp. Bhd. | 1,115,540 | 1,155 | |
Axiata Group Bhd. | 1,569,551 | 1,107 | |
Maxis Bhd. | 943,500 | 1,090 | |
PPB Group Bhd. | 237,240 | 1,074 | |
Kuala Lumpur Kepong Bhd. | 167,800 | 856 | |
Press Metal Aluminium Holdings Bhd. | 624,280 | 826 | |
Hong Leong Bank Bhd. | 223,000 | 795 | |
Kossan Rubber Industries | 439,000 | 793 | |
MISC Bhd. | 497,756 | 790 | |
Petronas Gas Bhd. | 200,100 | 759 | |
Sime Darby Bhd. | 1,180,575 | 685 | |
Nestle Malaysia Bhd. | 20,300 | 681 | |
Gamuda Bhd. | 819,200 | 657 | |
Genting Bhd. | 786,600 | 561 | |
RHB Bank Bhd. | 542,850 | 552 | |
Petronas Dagangan Bhd. | 133,200 | 552 | |
Telekom Malaysia Bhd. | 527,100 | 531 | |
QL Resources Bhd. | 335,490 | 508 | |
Genting Malaysia Bhd. | 1,032,900 | 497 | |
AMMB Holdings Bhd. | 676,400 | 464 | |
Inari Amertron Bhd. | 660,775 | 404 | |
HAP Seng Consolidated Bhd. | 225,100 | 397 | |
Bursa Malaysia Bhd. | 201,650 | 391 | |
TIME dotCom Bhd. | 120,400 | 373 | |
Genting Plantations Bhd. | 153,200 | 362 | |
IJM Corp. Bhd. | 1,121,820 | 362 | |
Hong Leong Financial Group Bhd. | 95,942 | 326 | |
Westports Holdings Bhd. | 336,100 | 315 | |
Fraser & Neave Holdings Bhd. | 40,700 | 309 | |
Malaysia Airports Holdings Bhd. | 297,600 | 300 | |
VS Industry Bhd. | 522,000 | 294 | |
Pentamaster Corp. Bhd. | 219,300 | 266 | |
* | YTL Corp. Bhd. | 1,490,412 | 260 |
My EG Services Bhd. | 742,250 | 246 | |
Sunway REIT | 687,800 | 237 | |
Frontken Corp. Bhd. | 271,700 | 230 | |
Carlsberg Brewery Malaysia Bhd. | 48,500 | 216 | |
Malakoff Corp. Bhd. | 956,400 | 213 |
73 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
IGB REIT | 514,400 | 207 | |
Alliance Bank Malaysia Bhd. | 384,000 | 202 | |
Sunway Bhd. | 603,116 | 195 | |
Axis REIT | 380,700 | 192 | |
Yinson Holdings Bhd. | 169,900 | 187 | |
KPJ Healthcare Bhd. | 816,700 | 167 | |
Mega First Corp. Bhd. | 99,400 | 166 | |
DRB-Hicom Bhd. | 333,800 | 153 | |
Sime Darby Property Bhd. | 1,147,475 | 149 | |
Scientex Bhd. | 50,900 | 146 | |
Serba Dinamik Holdings Bhd. | 386,126 | 142 | |
FGV Holdings Bhd. | 532,700 | 136 | |
Magnum Bhd. | 267,549 | 129 | |
Berjaya Sports Toto Bhd. | 275,256 | 125 | |
British American Tobacco Malaysia Bhd. | 51,300 | 125 | |
Malaysia Building Society Bhd. | 1,037,300 | 122 | |
* | Sapura Energy Bhd. | 5,008,900 | 121 |
IOI Properties Group Bhd. | 560,800 | 116 | |
1 | Astro Malaysia Holdings Bhd. | 557,587 | 98 |
Sunway Construction Group Bhd. | 217,094 | 95 | |
Bermaz Auto Bhd. | 320,120 | 90 | |
Syarikat Takaful Malaysia Keluarga Bhd. | 87,200 | 89 | |
SP Setia Bhd Group | 482,100 | 80 | |
1 | Lotte Chemical Titan Holding Bhd. | 159,300 | 80 |
Padini Holdings Bhd. | 151,000 | 76 | |
ViTrox Corp. Bhd. | 21,400 | 73 | |
* | AirAsia Group Bhd. | 547,700 | 72 |
AEON Credit Service M Bhd. | 32,900 | 72 | |
* | UEM Sunrise Bhd. | 780,000 | 69 |
Pavilion REIT | 203,500 | 68 | |
* | Bumi Armada Bhd. | 1,238,050 | 66 |
Cahya Mata Sarawak Bhd. | 244,700 | 64 | |
Malaysian Resources Corp. Bhd. | 667,900 | 60 | |
* | Berjaya Corp. Bhd. | 1,148,433 | 52 |
Leong Hup International Bhd. | 321,800 | 52 | |
* | Velesto Energy Bhd. | 1,473,763 | 41 |
* | Muhibbah Engineering M Bhd. | 220,100 | 39 |
* | WCT Holdings Bhd. | 336,279 | 30 |
* | Pos Malaysia Bhd. | 77,300 | 17 |
* | UMW Oil & Gas Corp. Warrants Exp. 09/30/2024 | 467,368 | 6 |
* | Serba Dinamik Holdings Bhd. Warrants Exp. 05/12/2024 | 97,620 | 4 |
* | Sunway Bhd. Warrants Exp. 12/31/2024 | 53,643 | 3 |
* | BIMB Holdings Bhd. Warrants Exp. 12/04/2023 | 63,800 | 3 |
* | Malaysian Resources Corp. Bhd. Warrants Exp. 12/31/2027 | 95,161 | 2 |
50,973 | |||
Malta (0.0%) | |||
*,§ | Bgp Holdings plc Rts | 197,753 | — |
Mexico (0.2%) | |||
America Movil SAB de CV | 10,622,175 | 6,465 | |
* | Grupo Financiero Banorte SAB de CV | 1,032,803 | 4,601 |
Wal-Mart de Mexico SAB de CV | 1,856,859 | 4,486 | |
Fomento Economico Mexicano SAB de CV | 660,966 | 3,543 | |
Grupo Mexico SAB de CV Class B | 1,129,283 | 3,208 | |
Cemex SAB de CV | 5,259,402 | 2,172 | |
Grupo Bimbo SAB de CV Class A | 822,000 | 1,588 | |
Grupo Elektra SAB DE CV | 22,369 | 1,267 | |
Grupo Aeroportuario del Pacifico SAB de CV Class B | 132,450 | 1,102 | |
* | Grupo Televisa SAB | 785,734 | 994 |
Fibra Uno Administracion SA de CV | 1,109,773 | 841 | |
Gruma SAB de CV Class B | 75,260 | 800 | |
Industrias Penoles SAB de CV | 45,078 | 718 | |
Coca-Cola Femsa SAB de CV | 183,700 | 696 | |
Arca Continental SAB de CV | 155,900 | 679 |
74 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Grupo Aeroportuario del Sureste SAB de CV Class B | 57,731 | 667 |
Infraestructura Energetica Nova SAB de CV | 198,809 | 665 | |
Orbia Advance Corp. SAB de CV | 362,994 | 642 | |
Alfa SAB de CV Class A | 959,000 | 641 | |
* | Grupo Financiero Inbursa SAB de CV | 744,500 | 551 |
1 | GMexico Transportes SAB de CV | 435,700 | 516 |
* | Grupo Aeroportuario del Centro Norte SAB de CV | 108,700 | 491 |
Promotora y Operadora de Infraestructura SAB de CV | 72,432 | 475 | |
Kimberly-Clark de Mexico SAB de CV Class A | 313,800 | 466 | |
* | Telesites SAB de CV | 417,065 | 385 |
Becle SAB de CV | 173,900 | 365 | |
PLA Administradora Industrial S de RL de CV | 264,186 | 363 | |
Bolsa Mexicana de Valores SAB de CV | 178,300 | 362 | |
Prologis Property Mexico SA de CV | 172,627 | 346 | |
Megacable Holdings SAB de CV | 103,462 | 328 | |
Corp Inmobiliaria Vesta SAB de CV | 184,001 | 296 | |
Grupo Carso SAB de CV | 151,230 | 280 | |
Qualitas Controladora SAB de CV | 68,064 | 272 | |
Grupo Cementos de Chihuahua SAB de CV | 53,800 | 271 | |
* | Axtel SAB de CV | 725,800 | 271 |
1 | Macquarie Mexico Real Estate Management SA de CV | 231,400 | 266 |
La Comer SAB de CV | 143,580 | 261 | |
* | Controladora Vuela Cia de Aviacion SAB de CV Class A | 269,300 | 211 |
* | Genomma Lab Internacional SAB de CV Class B | 233,863 | 207 |
* | El Puerto de Liverpool SAB de CV | 70,400 | 189 |
* | Regional SAB de CV | 68,100 | 184 |
Grupo Herdez SAB de CV | 103,100 | 183 | |
*,1 | Banco del Bajio SA | 218,400 | 181 |
Industrias Bachoco SAB de CV Class B | 56,689 | 178 | |
* | Alsea SAB de CV | 181,000 | 156 |
Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand | 208,700 | 154 | |
Grupo Comercial Chedraui SA de CV | 119,700 | 151 | |
Grupo Lala SAB de CV | 224,900 | 138 | |
* | Credito Real SAB de CV SOFOM ER | 180,600 | 95 |
1 | Nemak SAB de CV | 299,800 | 92 |
* | Gentera SAB de CV | 391,800 | 92 |
Alpek SAB de CV | 100,700 | 75 | |
Grupo Rotoplas SAB de CV | 61,817 | 53 | |
44,679 | |||
Netherlands (1.1%) | |||
ASML Holding NV | 140,617 | 50,876 | |
^ | Unilever NV | 512,125 | 28,871 |
*,1 | Adyen NV | 9,444 | 15,873 |
Prosus NV | 153,093 | 15,284 | |
Koninklijke Philips NV | 322,915 | 14,956 | |
Koninklijke Ahold Delhaize NV | 377,899 | 10,360 | |
Koninklijke DSM NV | 60,732 | 9,713 | |
* | ING Groep NV | 1,389,463 | 9,518 |
Wolters Kluwer NV | 94,277 | 7,633 | |
Heineken NV | 84,114 | 7,446 | |
Akzo Nobel NV | 67,764 | 6,518 | |
NN Group NV | 110,213 | 3,836 | |
* | ArcelorMittal SA | 250,265 | 3,394 |
Koninklijke KPN NV | 1,196,226 | 3,231 | |
Heineken Holding NV | 38,150 | 2,940 | |
ASM International NV | 17,351 | 2,478 | |
Imcd NV | 19,931 | 2,307 | |
* | Randstad NV | 41,534 | 2,072 |
* | Galapagos NV | 17,114 | 2,000 |
Unibail-Rodamco-Westfield | 46,595 | 1,886 | |
Aegon NV | 620,474 | 1,669 | |
*,1 | Signify NV | 44,414 | 1,576 |
ASR Nederland NV | 51,392 | 1,560 | |
*,1 | Just Eat Takeaway.com NV (XAMS) | 11,464 | 1,275 |
75 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Koninklijke Vopak NV | 23,239 | 1,207 | |
*,1 | ABN AMRO Bank NV | 142,996 | 1,175 |
Aalberts NV | 33,882 | 1,137 | |
SBM Offshore NV | 62,392 | 1,008 | |
BE Semiconductor Industries NV | 24,566 | 990 | |
Corbion NV | 21,203 | 963 | |
* | Altice Europe NV | 156,121 | 768 |
* | JDE Peet's BV | 21,302 | 759 |
* | Boskalis Westminster | 30,845 | 620 |
* | Arcadis NV | 25,674 | 597 |
* | PostNL NV | 152,497 | 506 |
TKH Group NV | 14,836 | 478 | |
1 | Intertrust NV | 30,485 | 473 |
*,1 | GrandVision NV | 16,627 | 462 |
Aperam SA | 15,396 | 413 | |
* | Oci NV | 33,889 | 406 |
1 | Flow Traders | 8,772 | 288 |
*,1 | Basic-Fit NV | 11,512 | 279 |
* | Altice Europe NV Class B | 45,913 | 227 |
Nsi NV | 5,963 | 188 | |
* | Accell Group NV | 6,808 | 184 |
Eurocommercial Properties NV | 16,497 | 180 | |
* | Sligro Food Group NV | 12,587 | 180 |
^ | Wereldhave NV | 16,890 | 157 |
AMG Advanced Metallurgical Group NV | 8,622 | 155 | |
*,1 | NIBC Holding NV | 17,923 | 154 |
Vastned Retail NV | 5,721 | 151 | |
* | TomTom NV | 21,048 | 141 |
ForFarmers NV | 20,499 | 120 | |
*,^ | Koninklijke BAM Groep NV | 90,114 | 112 |
*,^ | Fugro NV | 25,536 | 97 |
1 | B&S Group Sarl | 7,543 | 50 |
* | Brunel International NV | 4,071 | 29 |
221,926 | |||
New Zealand (0.1%) | |||
Fisher & Paykel Healthcare Corp. Ltd. | 202,908 | 4,694 | |
* | a2 Milk Co. Ltd. | 265,826 | 2,574 |
Spark New Zealand Ltd. | 657,190 | 1,950 | |
* | Auckland International Airport Ltd. | 416,776 | 1,928 |
Meridian Energy Ltd. | 451,718 | 1,583 | |
Ryman Healthcare Ltd. | 144,055 | 1,333 | |
Contact Energy Ltd. | 239,398 | 1,167 | |
Mercury NZ Ltd. | 244,972 | 866 | |
Chorus Ltd. | 154,106 | 857 | |
* | Fletcher Building Ltd. | 295,600 | 801 |
Goodman Property Trust | 394,176 | 647 | |
EBOS Group Ltd. | 35,516 | 605 | |
Summerset Group Holdings Ltd. | 84,273 | 579 | |
Infratil Ltd. | 158,752 | 569 | |
SKYCITY Entertainment Group Ltd. | 243,992 | 451 | |
Kiwi Property Group Ltd. | 539,866 | 439 | |
Precinct Properties New Zealand Ltd. | 360,680 | 422 | |
* | Pushpay Holdings Ltd. | 64,358 | 387 |
Genesis Energy Ltd. | 170,055 | 349 | |
Freightways Ltd. | 48,884 | 271 | |
Vital Healthcare Property Trust | 137,358 | 264 | |
Z Energy Ltd. | 126,387 | 236 | |
Argosy Property Ltd. | 241,398 | 222 | |
* | Arvida Group Ltd. | 186,777 | 216 |
Vector Ltd. | 77,157 | 214 | |
* | Kathmandu Holdings Ltd. | 240,079 | 185 |
Oceania Healthcare Ltd. | 182,960 | 163 | |
Heartland Group Holdings Ltd. | 168,409 | 149 | |
* | Air New Zealand Ltd. | 150,439 | 141 |
76 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Synlait Milk Ltd. | 35,408 | 125 |
Scales Corp. Ltd. | 31,347 | 105 | |
* | Vista Group International Ltd. | 84,194 | 84 |
* | Tourism Holdings Ltd. | 38,634 | 57 |
* | SKY Network Television Ltd. | 558,800 | 55 |
* | Restaurant Brands New Zealand Ltd. | 6,016 | 47 |
* | New Zealand Refining Co. Ltd. | 49,576 | 18 |
24,753 | |||
Norway (0.2%) | |||
* | Dnb ASA | 376,202 | 5,080 |
Equinor ASA | 340,029 | 4,339 | |
Telenor ASA | 228,077 | 3,524 | |
Orkla ASA | 280,536 | 2,648 | |
Mowi ASA | 157,216 | 2,484 | |
Yara International ASA | 60,654 | 2,123 | |
TOMRA Systems ASA | 39,932 | 1,613 | |
* | Norsk Hydro ASA | 471,218 | 1,324 |
* | Schibsted ASA Class A | 30,543 | 1,249 |
* | Adevinta ASA Class B | 77,481 | 1,199 |
* | Schibsted ASA Class B | 31,735 | 1,145 |
Gjensidige Forsikring ASA | 59,196 | 1,128 | |
* | Bakkafrost P/F | 17,932 | 1,026 |
1 | Scatec Solar ASA | 45,588 | 1,008 |
* | Salmar ASA | 19,300 | 980 |
* | Nel ASA | 441,165 | 844 |
* | Storebrand ASA | 156,427 | 825 |
1 | Entra ASA | 55,845 | 730 |
Aker BP ASA | 36,218 | 564 | |
* | Subsea 7 SA | 82,892 | 550 |
Borregaard ASA | 35,816 | 480 | |
* | SpareBank 1 SR-Bank ASA | 59,243 | 472 |
* | Nordic Semiconductor ASA | 44,371 | 467 |
Kongsberg Gruppen ASA | 28,481 | 463 | |
Leroy Seafood Group ASA | 89,797 | 422 | |
* | Veidekke ASA | 34,585 | 399 |
SpareBank 1 SMN | 43,666 | 377 | |
* | Norwegian Finans Holding ASA | 51,170 | 369 |
TGS NOPEC Geophysical Co. ASA | 37,533 | 346 | |
* | Atea ASA | 27,198 | 316 |
Aker ASA | 7,472 | 301 | |
* | Golar LNG Ltd. | 30,900 | 233 |
Austevoll Seafood ASA | 31,649 | 216 | |
Frontline Ltd. | 34,474 | 191 | |
*,1 | Sbanken ASA | 25,515 | 163 |
1 | Elkem ASA | 75,776 | 161 |
Grieg Seafood ASA | 19,835 | 140 | |
BW Offshore Ltd. | 54,136 | 130 | |
1 | BW LPG Ltd. | 23,866 | 104 |
Norway Royal Salmon ASA | 4,402 | 95 | |
* | Dno ASA | 188,320 | 78 |
* | Bonheur ASA | 3,537 | 75 |
Stolt-Nielsen Ltd. | 7,735 | 72 | |
* | BW Energy Ltd. | 44,486 | 69 |
Sparebank 1 Oestlandet | 7,478 | 67 | |
Wallenius Wilhelmsen ASA | 33,878 | 65 | |
Ocean Yield ASA | 18,726 | 42 | |
40,696 | |||
Pakistan (0.0%) | |||
* | Lucky Cement Ltd. | 52,200 | 219 |
* | Pakistan State Oil Co. Ltd. | 171,596 | 213 |
* | Hub Power Co. Ltd. | 384,498 | 196 |
MCB Bank Ltd. | 180,931 | 188 |
77 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Engro Corp. Ltd. | 99,000 | 188 | |
Habib Bank Ltd. | 213,200 | 173 | |
Fauji Fertilizer Co. Ltd. | 227,400 | 150 | |
Pakistan Petroleum Ltd. | 260,712 | 136 | |
Pakistan Oilfields Ltd. | 53,810 | 108 | |
Oil & Gas Development Co. Ltd. | 177,400 | 105 | |
Bank Alfalah Ltd. | 506,250 | 104 | |
Engro Fertilizers Ltd. | 189,840 | 76 | |
Millat Tractors Ltd. | 11,492 | 66 | |
United Bank Ltd. | 95,600 | 65 | |
Searle Co. Ltd. | 43,072 | 65 | |
Nishat Mills Ltd. | 116,000 | 61 | |
* | DG Khan Cement Co. Ltd. | 90,500 | 61 |
* | Fauji Cement Co. Ltd. | 448,621 | 59 |
Kot Addu Power Co. Ltd. | 303,500 | 53 | |
SUI Northern Gas Pipeline | 129,900 | 45 | |
* | SUI Southern Gas Co. Ltd. | 454,500 | 42 |
* | National Bank of Pakistan | 103,000 | 25 |
2,398 | |||
Peru (0.0%) | |||
Credicorp Ltd. (XLIM) | 6,433 | 734 | |
Cia de Minas Buenaventura SAA ADR | 141 | 2 | |
736 | |||
Philippines (0.1%) | |||
SM Investments Corp. | 173,253 | 3,398 | |
SM Prime Holdings Inc. | 3,159,250 | 2,200 | |
Ayala Land Inc. | 2,776,700 | 1,890 | |
Ayala Corp. | 114,915 | 1,811 | |
JG Summit Holdings Inc. | 1,092,493 | 1,449 | |
BDO Unibank Inc. | 701,864 | 1,285 | |
Bank of the Philippine Islands | 644,640 | 978 | |
PLDT Inc. | 32,110 | 876 | |
International Container Terminal Services Inc. | 368,810 | 875 | |
Universal Robina Corp. | 303,660 | 864 | |
Manila Electric Co. | 100,695 | 624 | |
Metropolitan Bank & Trust Co. | 610,769 | 513 | |
Jollibee Foods Corp. | 130,700 | 458 | |
Metro Pacific Investments Corp. | 5,426,300 | 449 | |
Globe Telecom Inc. | 10,105 | 423 | |
San Miguel Food and Beverage Inc. | 271,770 | 359 | |
GT Capital Holdings Inc. | 34,975 | 310 | |
Security Bank Corp. | 156,060 | 310 | |
Puregold Price Club Inc. | 360,980 | 308 | |
Robinsons Retail Holdings Inc. | 211,970 | 281 | |
* | Megaworld Corp. | 4,417,900 | 276 |
Aboitiz Power Corp. | 483,820 | 270 | |
* | Alliance Global Group Inc. | 1,458,100 | 239 |
San Miguel Corp. | 113,200 | 238 | |
Robinsons Land Corp. | 753,861 | 233 | |
LT Group Inc. | 785,600 | 187 | |
Bloomberry Resorts Corp. | 925,300 | 135 | |
First Gen Corp. | 228,650 | 135 | |
DMCI Holdings Inc. | 1,475,900 | 134 | |
Wilcon Depot Inc. | 443,500 | 131 | |
Century Pacific Food Inc. | 394,200 | 126 | |
* | Manila Water Co. Inc. | 427,700 | 124 |
Nickel Asia Corp. | 1,574,100 | 122 | |
D&L Industries Inc. | 751,700 | 97 | |
Vista Land & Lifescapes Inc. | 1,181,800 | 82 | |
Semirara Mining & Power Corp. | 367,836 | 80 | |
Filinvest Land Inc. | 3,219,000 | 65 | |
*,1 | CEMEX Holdings Philippines Inc. | 1,282,312 | 42 |
* | Cebu Air Inc. | 45,640 | 37 |
78 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Altus Property Ventures Inc. | 4,354 | 1 |
22,415 | |||
Poland (0.1%) | |||
* | CD Projekt SA | 23,165 | 1,967 |
* | KGHM Polska Miedz SA | 50,236 | 1,503 |
* | Powszechna Kasa Oszczednosci Bank Polski SA | 302,121 | 1,449 |
*,1 | Allegro.eu SA | 54,933 | 1,116 |
* | Powszechny Zaklad Ubezpieczen SA | 203,978 | 1,115 |
Polski Koncern Naftowy ORLEN SA | 114,404 | 1,103 | |
*,1 | Dino Polska SA | 17,151 | 943 |
Polskie Gornictwo Naftowe i Gazownictwo SA | 594,343 | 627 | |
Cyfrowy Polsat SA | 94,224 | 588 | |
* | Bank Polska Kasa Opieki SA | 53,119 | 568 |
1 | PLAY Communications SA | 50,756 | 498 |
* | Orange Polska SA | 271,666 | 418 |
* | Lpp SA | 277 | 367 |
Asseco Poland SA | 19,701 | 319 | |
* | Santander Bank Polska SA | 9,524 | 297 |
* | PGE Polska Grupa Energetyczna SA | 252,332 | 288 |
Grupa Lotos SA | 32,771 | 231 | |
* | Kruk SA | 6,082 | 173 |
Kernel Holding SA | 15,618 | 152 | |
* | Tauron Polska Energia SA | 300,511 | 132 |
* | mBank SA | 4,232 | 124 |
* | Bank Millennium SA | 216,585 | 118 |
Warsaw Stock Exchange | 9,251 | 101 | |
* | Ciech SA | 13,778 | 91 |
*,^ | Alior Bank SA | 31,349 | 90 |
*,^ | AmRest Holdings SE | 24,770 | 86 |
* | Ccc SA | 8,708 | 85 |
* | Bank Handlowy w Warszawie SA | 11,626 | 81 |
* | Eurocash SA | 25,178 | 74 |
* | Grupa Azoty SA | 12,412 | 64 |
* | Enea SA | 55,620 | 64 |
* | Jastrzebska Spolka Weglowa SA | 13,779 | 53 |
* | Energa SA | 25,131 | 53 |
14,938 | |||
Portugal (0.1%) | |||
EDP - Energias de Portugal SA | 994,449 | 4,905 | |
Galp Energia SGPS SA | 185,957 | 1,510 | |
Jeronimo Martins SGPS SA | 88,483 | 1,405 | |
EDP Renovaveis SA | 55,957 | 1,064 | |
REN - Redes Energeticas Nacionais SGPS SA | 129,114 | 339 | |
Nos Sgps SA | 74,161 | 255 | |
* | Banco Comercial Portugues SA | 2,568,762 | 226 |
Sonae SGPS SA | 292,736 | 173 | |
Navigator Co. SA | 69,036 | 152 | |
Altri SGPS SA | 31,778 | 123 | |
* | CTT-Correios de Portugal SA | 47,438 | 116 |
Corticeira Amorim SGPS SA | 8,976 | 103 | |
*,^ | Mota-Engil SGPS SA | 46,843 | 60 |
Semapa-Sociedade de Investimento e Gestao | 7,423 | 56 | |
* | Banco Espirito Santo SA | 428,634 | — |
10,487 | |||
Qatar (0.1%) | |||
Qatar National Bank QPSC | 1,552,532 | 7,538 | |
Qatar Islamic Bank SAQ | 405,113 | 1,804 | |
Industries Qatar QSC | 709,452 | 1,751 | |
Masraf Al Rayan QSC | 1,263,410 | 1,489 | |
Commercial Bank PSQC | 729,582 | 855 | |
Qatar Fuel QSC | 179,737 | 849 | |
Qatar Electricity & Water Co. QSC | 180,720 | 827 | |
Mesaieed Petrochemical Holding Co. | 1,527,561 | 782 |
79 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Qatar Gas Transport Co. Ltd. | 907,220 | 669 | |
Barwa Real Estate Co. | 670,165 | 614 | |
Qatar International Islamic Bank QSC | 261,104 | 593 | |
Ooredoo QPSC | 302,832 | 549 | |
* | Doha Bank QPSC | 544,172 | 363 |
Qatar Insurance Co. SAQ | 508,720 | 320 | |
* | Ezdan Holding Group QSC | 611,170 | 284 |
United Development Co. QSC | 604,560 | 245 | |
Qatar Aluminum Manufacturing Co. | 927,410 | 222 | |
Vodafone Qatar QSC | 578,060 | 205 | |
Al Meera Consumer Goods Co. QSC | 34,334 | 188 | |
Medicare Group | 56,678 | 134 | |
* | Gulf International Services QSC | 282,740 | 120 |
20,401 | |||
Romania (0.0%) | |||
Banca Transilvania SA | 1,594,705 | 723 | |
Russia (0.3%) | |||
LUKOIL PJSC ADR | 135,367 | 6,926 | |
Sberbank of Russia PJSC ADR | 622,780 | 6,296 | |
Gazprom PJSC ADR | 1,408,805 | 5,397 | |
Novatek PJSC | 360,604 | 4,341 | |
MMC Norilsk Nickel PJSC ADR | 177,441 | 4,229 | |
Sberbank of Russia PJSC | 815,221 | 2,066 | |
Rosneft Oil Co. PJSC GDR | 416,548 | 1,818 | |
Tatneft PJSC ADR | 54,709 | 1,700 | |
Surgutneftegas PJSC ADR (XLON) | 407,594 | 1,674 | |
Polyus PJSC GDR | 16,780 | 1,650 | |
Gazprom PJSC | 844,121 | 1,645 | |
Mobile TeleSystems PJSC | 312,742 | 1,227 | |
Severstal PAO | 69,699 | 955 | |
AK Transneft OAO Preference Shares | 551 | 917 | |
Tatneft PJSC | 174,897 | 905 | |
Novolipetsk Steel PJSC | 381,199 | 894 | |
Moscow Exchange MICEX-RTS PJSC | 517,955 | 875 | |
Inter RAO UES PJSC | 12,450,172 | 798 | |
Magnit PJSC (MISX) | 13,285 | 791 | |
Alrosa PJSC | 872,960 | 786 | |
Magnit PJSC (XLON) | 55,799 | 770 | |
Sberbank of Russia PJSC ADR (XLON) | 71,576 | 723 | |
Rostelecom PJSC | 404,643 | 473 | |
VTB Bank PJSC GDR | 544,162 | 423 | |
Tatneft PAO Preference Shares | 77,196 | 387 | |
PhosAgro PJSC GDR | 33,457 | 385 | |
RusHydro PJSC | 41,855,242 | 381 | |
1 | Detsky Mir PJSC | 260,150 | 361 |
* | United Co. RUSAL International PJSC | 840,168 | 325 |
VTB Bank PJSC | 765,146,460 | 316 | |
Magnitogorsk Iron & Steel Works PJSC | 665,331 | 316 | |
Sistema PJSFC | 969,800 | 309 | |
Polyus PJSC | 1,417 | 277 | |
Federal Grid Co. Unified Energy System PJSC | 97,070,000 | 232 | |
Rosseti PJSC | 10,882,193 | 200 | |
Novatek PJSC GDR | 1,548 | 187 | |
Bashneft PAO Preference Shares | 10,588 | 153 | |
Unipro PJSC | 4,599,900 | 150 | |
LSR Group PJSC Class A | 12,788 | 146 | |
* | Aeroflot PJSC | 196,661 | 141 |
Raspadskaya OJSC | 89,667 | 126 | |
OGK-2 PJSC | 12,702,000 | 109 | |
M.Video PJSC | 12,400 | 106 | |
PhosAgro PJSC | 2,689 | 96 | |
Mosenergo PJSC | 3,281,038 | 82 | |
* | Mechel PJSC | 111,128 | 76 |
80 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Lenenergo PJSC Preference Shares | 38,810 | 71 | |
Mobile TeleSystems PJSC ADR | 8,700 | 68 | |
Enel Russia PJSC | 5,150,000 | 59 | |
* | RussNeft PJSC | 10,563 | 39 |
Surgutneftegas PJSC ADR | 8,300 | 35 | |
Tgc-1 PJSC | 115,300,000 | 15 | |
Rosneft Oil Co. PJSC | 3,288 | 15 | |
53,442 | |||
Saudi Arabia (0.3%) | |||
1 | Saudi Arabian Oil Co. | 890,081 | 7,985 |
Al Rajhi Bank | 442,141 | 7,758 | |
Saudi Basic Industries Corp. | 321,693 | 7,716 | |
Saudi Telecom Co. | 216,381 | 5,748 | |
National Commercial Bank | 485,878 | 5,045 | |
Samba Financial Group | 345,831 | 2,541 | |
Riyad Bank | 518,759 | 2,487 | |
* | Saudi British Bank | 339,375 | 2,148 |
Banque Saudi Fransi | 199,587 | 1,577 | |
Saudi Arabian Fertilizer Co. | 70,770 | 1,422 | |
* | Saudi Arabian Mining Co. | 141,520 | 1,411 |
* | Alinma Bank | 345,791 | 1,405 |
Saudi Electricity Co. | 276,044 | 1,393 | |
Yanbu National Petrochemical Co. | 82,027 | 1,256 | |
Almarai Co. JSC | 85,769 | 1,181 | |
Arab National Bank | 226,747 | 1,145 | |
Savola Group | 92,314 | 1,127 | |
* | Etihad Etisalat Co. | 133,160 | 991 |
Jarir Marketing Co. | 20,738 | 955 | |
Bank AlBilad | 129,618 | 803 | |
* | Dr Sulaiman Al Habib Medical Services Group Co. | 28,792 | 725 |
* | Bupa Arabia for Cooperative Insurance Co. | 21,928 | 667 |
* | Saudi Kayan Petrochemical Co. | 258,589 | 654 |
Abdullah Al Othaim Markets Co. | 16,610 | 577 | |
Advanced Petrochemical Co. | 37,336 | 576 | |
Mouwasat Medical Services Co. | 16,737 | 571 | |
* | Sahara International Petrochemical Co. | 141,710 | 551 |
Saudi Industrial Investment Group | 95,174 | 515 | |
* | Mobile Telecommunications Co. Saudi Arabia | 155,229 | 509 |
Bank Al-Jazira | 122,273 | 423 | |
* | Co for Cooperative Insurance | 19,030 | 411 |
Southern Province Cement Co. | 22,636 | 405 | |
Saudi Cement Co. | 26,459 | 382 | |
Arabian Centres Co. Ltd. | 57,433 | 371 | |
* | Emaar Economic City | 146,654 | 348 |
* | Dar Al Arkan Real Estate Development Co. | 159,825 | 340 |
Saudi Airlines Catering Co. | 14,408 | 299 | |
* | Seera Group Holding | 66,719 | 297 |
Qassim Cement Co. | 15,883 | 291 | |
* | National Industrialization Co. | 94,650 | 285 |
* | Rabigh Refining & Petrochemical Co. | 78,072 | 254 |
National Petrochemical Co. | 34,038 | 245 | |
* | Saudi Ground Services Co. | 31,432 | 234 |
Saudia Dairy & Foodstuff Co. | 4,602 | 208 | |
United Electronics Co. | 9,253 | 188 | |
Yamama Cement Co. | 27,806 | 185 | |
* | National Agriculture Development Co. | 24,421 | 184 |
Leejam Sports Co. JSC | 11,156 | 184 | |
Yanbu Cement Co. | 20,854 | 184 | |
Aldrees Petroleum and Transport Services Co. | 10,594 | 179 | |
* | Saudi Research & Marketing Group | 9,636 | 176 |
United International Transportation Co. | 18,517 | 167 | |
* | Al Hammadi Co. for Development and Investment | 21,585 | 163 |
Herfy Food Services Co. | 12,305 | 158 | |
* | Saudi Real Estate Co. | 40,611 | 158 |
81 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Jadwa REIT Saudi Fund | 45,622 | 158 | |
Arriyadh Development Co. | 34,439 | 154 | |
Saudi Pharmaceutical Industries & Medical Appliances Corp. | 15,540 | 135 | |
Eastern Province Cement Co. | 13,957 | 129 | |
Najran Cement Co. | 28,468 | 119 | |
Arabian Cement Co. | 14,420 | 118 | |
* | Bawan Co. | 21,547 | 117 |
* | Hail Cement Co. | 29,572 | 114 |
* | City Cement Co. | 21,223 | 113 |
* | Methanol Chemicals Co. | 43,954 | 112 |
* | Mediterranean & Gulf Insurance & Reinsurance Co. | 20,293 | 108 |
National Gas & Industrialization Co. | 13,286 | 103 | |
* | Saudi Ceramic Co. | 9,267 | 96 |
* | Al Jouf Cement Co. | 34,234 | 95 |
* | Zamil Industrial Investment Co. | 17,264 | 94 |
Dur Hospitality Co. | 13,720 | 94 | |
* | Saudi Public Transport Co. | 22,688 | 91 |
* | Astra Industrial Group | 13,957 | 82 |
Northern Region Cement Co. | 26,787 | 79 | |
* | Abdul Mohsen Al-Hokair Tourism and Development Co. | 22,825 | 78 |
* | Fawaz Abdulaziz Al Hokair & Co. | 15,022 | 75 |
* | Tabuk Cement Co. | 19,317 | 75 |
Dallah Healthcare Co. | 6,146 | 72 | |
* | Saudi Chemical Co. Holding | 6,980 | 58 |
* | Middle East Healthcare Co. | 5,911 | 53 |
National Medical Care Co. | 2,821 | 39 | |
* | Aseer Trading Tourism & Manufacturing Co. | 10,194 | 33 |
70,752 | |||
Singapore (0.3%) | |||
DBS Group Holdings Ltd. | 636,978 | 9,488 | |
Oversea-Chinese Banking Corp. Ltd. | 1,223,238 | 7,545 | |
United Overseas Bank Ltd. | 456,600 | 6,344 | |
Singapore Telecommunications Ltd. | 2,655,300 | 3,947 | |
Wilmar International Ltd. | 761,537 | 2,255 | |
Ascendas REIT | 1,035,861 | 2,186 | |
CapitaLand Mall Trust | 1,502,354 | 1,904 | |
Singapore Exchange Ltd. | 289,410 | 1,835 | |
CapitaLand Ltd. | 883,600 | 1,663 | |
Keppel Corp. Ltd. | 505,313 | 1,624 | |
Singapore Technologies Engineering Ltd. | 561,400 | 1,435 | |
Mapletree Logistics Trust | 897,299 | 1,282 | |
Venture Corp. Ltd. | 87,800 | 1,238 | |
Mapletree Industrial Trust | 518,015 | 1,154 | |
Singapore Airlines Ltd. | 448,736 | 1,114 | |
Genting Singapore Ltd. | 1,981,300 | 936 | |
Mapletree Commercial Trust | 725,259 | 914 | |
Keppel DC REIT | 403,612 | 857 | |
UOL Group Ltd. | 183,755 | 838 | |
Frasers Logistics & Commercial Trust | 860,076 | 776 | |
City Developments Ltd. | 154,200 | 716 | |
Suntec REIT | 726,100 | 713 | |
ComfortDelGro Corp. Ltd. | 702,900 | 695 | |
NetLink NBN Trust | 974,000 | 685 | |
Frasers Centrepoint Trust | 418,934 | 648 | |
SATS Ltd. | 242,700 | 529 | |
Keppel REIT | 694,188 | 506 | |
Mapletree North Asia Commercial Trust | 786,800 | 502 | |
Keppel Infrastructure Trust | 1,250,435 | 500 | |
Jardine Cycle & Carriage Ltd. | 34,888 | 454 | |
Parkway Life REIT | 138,286 | 410 | |
Singapore Press Holdings Ltd. | 564,100 | 409 | |
Ascott Residence Trust | 620,886 | 378 | |
Sembcorp Industries Ltd. | 317,431 | 367 | |
Ascendas India Trust | 349,600 | 333 |
82 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Manulife US REIT | 460,754 | 330 | |
* | Sembcorp Marine Ltd. | 3,217,837 | 283 |
ARA LOGOS Logistics Trust | 632,365 | 276 | |
CapitaLand Retail China Trust | 311,239 | 267 | |
Singapore Post Ltd. | 499,000 | 243 | |
Hutchison Port Holdings Trust | 1,616,500 | 235 | |
CDL Hospitality Trusts | 315,888 | 229 | |
Cromwell European REIT | 421,600 | 224 | |
Golden Agri-Resources Ltd. | 2,153,019 | 223 | |
Sheng Siong Group Ltd. | 168,000 | 205 | |
Starhill Global REIT | 647,200 | 197 | |
Far East Hospitality Trust | 472,400 | 194 | |
Raffles Medical Group Ltd. | 343,000 | 193 | |
Esr-Reit | 744,443 | 191 | |
Keppel Pacific Oak US REIT | 262,700 | 184 | |
AEM Holdings Ltd. | 69,700 | 172 | |
Olam International Ltd. | 183,400 | 172 | |
First Resources Ltd. | 192,400 | 171 | |
OUE Commercial REIT | 640,075 | 153 | |
Sabana Shari'ah Compliant Industrial REIT | 589,600 | 151 | |
Aims Apac Reit | 167,700 | 145 | |
Frasers Hospitality Trust | 476,900 | 140 | |
Lendlease Global Commercial REIT | 306,600 | 137 | |
StarHub Ltd. | 159,200 | 136 | |
Wing Tai Holdings Ltd. | 102,400 | 134 | |
Soilbuild Business Space REIT | 386,733 | 127 | |
Prime US REIT | 171,100 | 127 | |
SIA Engineering Co. Ltd. | 98,500 | 118 | |
Sph Reit | 175,700 | 96 | |
§ | Best World International Ltd. | 90,400 | 86 |
Frasers Property Ltd. | 94,000 | 75 | |
* | Yoma Strategic Holdings Ltd. | 310,430 | 58 |
* | Thomson Medical Group Ltd. | 1,531,200 | 52 |
* | COSCO Shipping International Singapore Co. Ltd. | 379,700 | 51 |
Lippo Malls Indonesia Retail Trust | 771,900 | 50 | |
Asian Pay Television Trust | 497,000 | 43 | |
Bumitama Agri Ltd. | 133,200 | 42 | |
First REIT | 133,200 | 39 | |
§ | Eagle Hospitality Trust | 242,300 | 33 |
Silverlake Axis Ltd. | 177,499 | 33 | |
*,§ | Noble Group Ltd. | 192,460 | 11 |
*,^,§ | Hyflux Ltd. | 54,000 | 8 |
*,^,§ | Ezra Holdings Ltd. | 344,056 | 3 |
*,^ | Ezion Holdings Ltd. Warrants Exp. 04/16/2023 | 267,303 | — |
* | Mapletree Logistics Trust Rights Exp. 11/10/2020 | 17,048 | — |
63,217 | |||
South Africa (0.4%) | |||
* | Naspers Ltd. | 148,766 | 29,043 |
FirstRand Ltd. | 1,651,986 | 3,835 | |
AngloGold Ashanti Ltd. | 148,731 | 3,428 | |
Gold Fields Ltd. | 308,730 | 3,339 | |
Standard Bank Group Ltd. | 453,042 | 2,962 | |
Sibanye Stillwater Ltd. | 924,554 | 2,726 | |
Impala Platinum Holdings Ltd. | 259,930 | 2,313 | |
MTN Group Ltd. | 637,389 | 2,276 | |
* | Capitec Bank Holdings Ltd. | 27,247 | 1,915 |
Sanlam Ltd. | 602,422 | 1,757 | |
Bid Corp. Ltd. | 120,242 | 1,655 | |
Vodacom Group Ltd. | 208,288 | 1,570 | |
Anglo American Platinum Ltd. | 21,990 | 1,456 | |
Absa Group Ltd. | 264,462 | 1,422 | |
Shoprite Holdings Ltd. | 174,652 | 1,384 | |
Clicks Group Ltd. | 84,367 | 1,220 |
83 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
MultiChoice Group | 143,833 | 1,186 | |
* | Northam Platinum Ltd. | 118,452 | 1,138 |
Remgro Ltd. | 197,972 | 1,056 | |
* | Sasol Ltd. | 194,203 | 1,014 |
Bidvest Group Ltd. | 117,996 | 970 | |
* | Aspen Pharmacare Holdings Ltd. | 140,783 | 917 |
* | Harmony Gold Mining Co. Ltd. | 178,814 | 891 |
Old Mutual Ltd. (XLON) | 1,455,121 | 836 | |
* | Reinet Investments SCA | 51,364 | 815 |
Discovery Ltd. | 119,228 | 788 | |
Tiger Brands Ltd. | 60,272 | 748 | |
SPAR Group Ltd. | 69,673 | 739 | |
Mr Price Group Ltd. | 97,076 | 734 | |
Nedbank Group Ltd. | 123,149 | 729 | |
Woolworths Holdings Ltd. | 330,823 | 711 | |
Growthpoint Properties Ltd. | 1,069,134 | 699 | |
Foschini Group Ltd. | 131,249 | 699 | |
Mondi plc (XJSE) | 30,941 | 581 | |
Exxaro Resources Ltd. | 84,424 | 570 | |
Kumba Iron Ore Ltd. | 18,027 | 535 | |
African Rainbow Minerals Ltd. | 37,465 | 527 | |
Life Healthcare Group Holdings Ltd. | 500,767 | 501 | |
AVI Ltd. | 106,272 | 481 | |
Rand Merchant Investment Holdings Ltd. | 270,990 | 473 | |
NEPI Rockcastle plc | 131,779 | 467 | |
Pick n Pay Stores Ltd. | 129,465 | 408 | |
Netcare Ltd. | 479,186 | 379 | |
Fortress REIT Ltd. Class A | 432,641 | 334 | |
Truworths International Ltd. | 159,305 | 307 | |
* | Sappi Ltd. | 191,765 | 274 |
Investec Ltd. | 144,025 | 265 | |
Redefine Properties Ltd. | 2,117,381 | 260 | |
Momentum Metropolitan Holdings | 316,049 | 253 | |
Barloworld Ltd. | 66,387 | 233 | |
Resilient REIT Ltd. | 123,052 | 233 | |
Santam Ltd. | 14,925 | 225 | |
AECI Ltd. | 45,345 | 213 | |
JSE Ltd. | 27,929 | 186 | |
Telkom SA SOC Ltd. | 117,167 | 184 | |
* | Transaction Capital Ltd. | 150,593 | 184 |
PSG Group Ltd. | 54,533 | 176 | |
Coronation Fund Managers Ltd. | 72,411 | 168 | |
1 | Dis-Chem Pharmacies Ltd. | 145,496 | 161 |
* | Omnia Holdings Ltd. | 66,723 | 156 |
DRDGOLD Ltd. | 138,281 | 153 | |
1 | Pepkor Holdings Ltd. | 205,626 | 151 |
* | Super Group Ltd. | 125,253 | 140 |
* | Motus Holdings Ltd. | 53,356 | 137 |
Liberty Holdings Ltd. | 40,336 | 134 | |
* | Advtech Ltd. | 263,200 | 131 |
Distell Group Holdings Ltd. | 24,890 | 125 | |
* | Hyprop Investments Ltd. | 99,637 | 123 |
Reunert Ltd. | 59,789 | 123 | |
* | Ninety One Ltd. | 46,669 | 123 |
Allied Electronics Corp. Ltd. | 71,488 | 117 | |
* | KAP Industrial Holdings Ltd. | 772,227 | 110 |
Equites Property Fund Ltd. | 112,318 | 108 | |
MAS Real Estate Inc. | 167,179 | 105 | |
* | Investec Australia Property Fund | 119,427 | 105 |
SA Corporate Real Estate Ltd. | 1,346,692 | 100 | |
Famous Brands Ltd. | 36,851 | 98 | |
* | Blue Label Telecoms Ltd. | 432,314 | 94 |
* | DataTec Ltd. | 67,690 | 92 |
Vukile Property Fund Ltd. | 300,173 | 89 |
84 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
*,^ | Steinhoff International Holdings NV (XJSE) | 1,654,648 | 88 |
Investec Property Fund Ltd. | 188,893 | 87 | |
Imperial Logistics Ltd. | 37,985 | 81 | |
* | Metair Investments Ltd. | 79,091 | 80 |
Emira Property Fund Ltd. | 204,487 | 79 | |
Cashbuild Ltd. | 5,189 | 70 | |
Raubex Group Ltd. | 55,550 | 68 | |
Zeder Investments Ltd. | 396,625 | 65 | |
Old Mutual Ltd. (XJSE) | 111,435 | 65 | |
* | Massmart Holdings Ltd. | 31,813 | 65 |
* | Wilson Bayly Holmes-Ovcon Ltd. | 11,799 | 62 |
* | Epp NV | 168,559 | 60 |
Hudaco Industries Ltd. | 11,423 | 56 | |
Adcock Ingram Holdings Ltd. | 22,253 | 55 | |
Attacq Ltd. | 287,506 | 55 | |
Astral Foods Ltd. | 7,602 | 54 | |
* | Sun International Ltd. | 57,248 | 48 |
* | Fortress REIT Ltd. Class B | 440,214 | 47 |
Hosken Consolidated Investments Ltd. | 19,068 | 46 | |
* | Long4Life Ltd. | 272,592 | 45 |
Alexander Forbes Group Holdings Ltd. | 171,753 | 36 | |
* | RMB Holdings Ltd. | 397,226 | 26 |
*,^ | Brait SE | 82,326 | 18 |
Tsogo Sun Gaming Ltd. | 72,682 | 16 | |
Curro Holdings Ltd. | 3,356 | 2 | |
* | Steinhoff International Holdings NV (XETR) | 19,964 | 1 |
89,438 | |||
South Korea (1.6%) | |||
1 | Samsung Electronics Co. Ltd. GDR | 35,994 | 45,409 |
Samsung Electronics Co. Ltd. | 696,049 | 34,987 | |
Samsung Electronics Co. Ltd. Preference Shares | 374,980 | 16,681 | |
SK Hynix Inc. | 183,743 | 13,035 | |
NAVER Corp. | 46,830 | 11,982 | |
LG Chem Ltd. | 15,904 | 8,672 | |
* | Celltrion Inc. | 36,620 | 7,819 |
Samsung SDI Co. Ltd. | 18,686 | 7,361 | |
Hyundai Motor Co. | 48,299 | 7,070 | |
Kakao Corp. | 19,026 | 5,548 | |
Hyundai Mobis Co. Ltd. | 22,667 | 4,542 | |
Posco | 23,134 | 4,271 | |
Shinhan Financial Group Co. Ltd. | 150,029 | 4,071 | |
Kia Motors Corp. | 90,538 | 4,061 | |
NCSoft Corp. | 5,894 | 4,050 | |
LG Household & Health Care Ltd. | 2,998 | 3,975 | |
KB Financial Group Inc. | 91,821 | 3,284 | |
Samsung C&T Corp. | 29,523 | 2,892 | |
*,1 | Samsung Biologics Co. Ltd. | 4,724 | 2,855 |
Hana Financial Group Inc. | 104,046 | 2,811 | |
KT&G Corp. | 39,040 | 2,788 | |
LG Electronics Inc. | 36,588 | 2,720 | |
Samsung Electro-Mechanics Co. Ltd. | 20,303 | 2,413 | |
SK Innovation Co. Ltd. | 18,843 | 2,106 | |
LG Corp. | 32,563 | 1,950 | |
* | Celltrion Healthcare Co. Ltd. | 24,900 | 1,868 |
SK Holdings Co. Ltd. | 10,942 | 1,782 | |
Samsung Fire & Marine Insurance Co. Ltd. | 10,980 | 1,736 | |
Samsung SDS Co. Ltd. | 11,618 | 1,734 | |
KB Financial Group Inc. ADR | 48,258 | 1,724 | |
* | Korea Electric Power Corp. | 88,868 | 1,568 |
Woori Financial Group Inc. | 190,760 | 1,506 | |
Amorepacific Corp. | 10,233 | 1,438 | |
Samsung Life Insurance Co. Ltd. | 23,229 | 1,300 | |
* | Coway Co. Ltd. | 20,683 | 1,266 |
* | Shin Poong Pharmaceutical Co. Ltd. | 11,261 | 1,253 |
85 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Korea Zinc Co. Ltd. | 3,557 | 1,203 | |
*,^ | HLB Inc. | 14,423 | 1,182 |
Lotte Chemical Corp. | 5,469 | 1,131 | |
Seegene Inc. | 4,861 | 1,113 | |
* | Korea Shipbuilding & Offshore Engineering Co. Ltd. | 15,762 | 1,099 |
Hyundai Glovis Co. Ltd. | 7,212 | 1,072 | |
Hanwha Solutions Corp. | 27,123 | 1,054 | |
SK Chemicals Co. Ltd. | 3,213 | 986 | |
CJ CheilJedang Corp. | 3,058 | 978 | |
SK Telecom Co. Ltd. | 5,062 | 960 | |
* | LG Display Co. Ltd. | 75,257 | 940 |
Mirae Asset Daewoo Co. Ltd. | 124,006 | 924 | |
E-MART Inc. | 7,185 | 905 | |
* | Alteogen Inc. | 6,250 | 881 |
Hyundai Motor Co. Preference Shares | 12,459 | 869 | |
LG Chem Ltd. Preference Shares | 3,011 | 835 | |
Korea Investment Holdings Co. Ltd. | 13,564 | 829 | |
* | HMM Co. Ltd. | 103,634 | 826 |
Hyundai Motor Co. 2nd Preference Shares | 11,357 | 805 | |
Yuhan Corp. | 14,940 | 786 | |
Kumho Petrochemical Co. Ltd. | 6,429 | 760 | |
Hotel Shilla Co. Ltd. | 10,988 | 724 | |
Orion Corp. | 7,538 | 722 | |
Hyundai Heavy Industries Holdings Co. Ltd. | 3,657 | 696 | |
Hankook Tire & Technology Co. Ltd. | 24,758 | 694 | |
LG Uplus Corp. | 70,479 | 690 | |
* | Samsung Heavy Industries Co. Ltd. | 153,374 | 689 |
LG Innotek Co. Ltd. | 4,939 | 670 | |
Kangwon Land Inc. | 35,752 | 667 | |
Hanjin Kal Corp. | 10,081 | 664 | |
S-Oil Corp. | 13,728 | 663 | |
*,1 | Netmarble Corp. | 6,365 | 661 |
LG Household & Health Care Ltd. Preference Shares | 1,080 | 660 | |
Hyundai Engineering & Construction Co. Ltd. | 24,180 | 659 | |
Samsung Securities Co. Ltd. | 22,358 | 637 | |
Industrial Bank of Korea | 87,475 | 635 | |
SK Telecom Co. Ltd. ADR | 30,122 | 634 | |
Daelim Industrial Co. Ltd. | 9,085 | 628 | |
* | Genexine Inc. | 6,180 | 618 |
Hyundai Steel Co. | 23,945 | 616 | |
* | Celltrion Pharm Inc. | 6,242 | 604 |
DB Insurance Co. Ltd. | 15,290 | 598 | |
*,^ | KMW Co. Ltd. | 10,548 | 585 |
* | Doosan Heavy Industries & Construction Co. Ltd. | 48,000 | 584 |
Fila Holdings Corp. | 17,105 | 584 | |
* | Samsung Engineering Co. Ltd. | 54,891 | 574 |
Hanmi Pharm Co. Ltd. | 2,429 | 565 | |
GS Holdings Corp. | 18,512 | 541 | |
Douzone Bizon Co. Ltd. | 5,911 | 521 | |
Hanon Systems | 52,224 | 518 | |
S-1 Corp. | 7,048 | 507 | |
BNK Financial Group Inc. | 103,600 | 506 | |
Green Cross Corp. | 1,884 | 501 | |
POSCO Chemical Co. Ltd. | 7,607 | 500 | |
* | Korean Air Lines Co. Ltd. | 27,898 | 495 |
Shinsegae Inc. | 2,676 | 494 | |
Cheil Worldwide Inc. | 25,636 | 474 | |
* | Hugel Inc. | 2,364 | 440 |
Hyundai Marine & Fire Insurance Co. Ltd. | 20,905 | 431 | |
SKC Co. Ltd. | 6,598 | 431 | |
GS Engineering & Construction Corp. | 17,955 | 426 | |
* | MedPacto Inc. | 4,422 | 420 |
DB HiTek Co. Ltd. | 14,391 | 409 | |
CJ ENM Co. Ltd. | 3,394 | 397 |
86 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Hansol Chemical Co. Ltd. | 3,157 | 394 | |
Korea Aerospace Industries Ltd. | 20,294 | 393 | |
AMOREPACIFIC Group | 9,748 | 377 | |
LEENO Industrial Inc. | 3,432 | 369 | |
NH Investment & Securities Co. Ltd. | 43,432 | 368 | |
*,^ | Cellivery Therapeutics Inc. | 1,997 | 367 |
* | Pearl Abyss Corp. | 2,057 | 366 |
Mirae Asset Daewoo Co. Ltd. Preference Shares | 90,602 | 363 | |
*,^ | Doosan Infracore Co. Ltd. | 48,176 | 356 |
* | CJ Logistics Corp. | 2,507 | 354 |
* | Daewoo Shipbuilding & Marine Engineering Co. Ltd. | 18,080 | 343 |
* | OCI Co. Ltd. | 6,152 | 339 |
Mando Corp. | 10,335 | 328 | |
* | WONIK IPS Co. Ltd. | 11,510 | 328 |
Hyundai Department Store Co. Ltd. | 6,181 | 325 | |
Ecopro BM Co. Ltd. | 2,910 | 323 | |
* | Pharmicell Co. Ltd. | 20,513 | 320 |
HDC Hyundai Development Co-Engineering & Construction | 17,841 | 313 | |
GeneOne Life Science Inc. | 12,600 | 312 | |
Com2uSCorp | 3,077 | 303 | |
DGB Financial Group Inc. | 55,160 | 303 | |
KIWOOM Securities Co. Ltd. | 3,278 | 300 | |
Amorepacific Corp. Preference Shares | 6,323 | 295 | |
Ilyang Pharmaceutical Co. Ltd. | 4,628 | 293 | |
* | Oscotec Inc. | 7,991 | 292 |
SK Materials Co. Ltd. | 1,471 | 290 | |
Hanwha Corp. | 13,523 | 288 | |
Chong Kun Dang Pharmaceutical Corp. | 2,131 | 288 | |
Hite Jinro Co. Ltd. | 9,683 | 288 | |
Dongsuh Cos. Inc. | 11,153 | 285 | |
LG Electronics Inc. Preference Shares | 9,979 | 284 | |
NongShim Co. Ltd. | 1,103 | 281 | |
* | Hanall Biopharma Co. Ltd. | 11,383 | 280 |
Koh Young Technology Inc. | 3,972 | 280 | |
* | Mezzion Pharma Co. Ltd. | 1,770 | 279 |
* | LegoChem Biosciences Inc. | 5,864 | 275 |
* | HLB Life Science CO Ltd. | 11,518 | 269 |
LS Corp. | 5,861 | 268 | |
* | Hanwha Aerospace Co. Ltd. | 11,996 | 268 |
Meritz Securities Co. Ltd. | 89,383 | 261 | |
Lotte Shopping Co. Ltd. | 3,498 | 259 | |
CJ Corp. | 3,841 | 258 | |
* | Soulbrain Co. Ltd. | 1,340 | 257 |
* | Doosan Fuel Cell Co. Ltd. | 6,866 | 254 |
Posco ADR | 5,462 | 253 | |
* | NHN KCP Corp. | 4,209 | 250 |
Bukwang Pharmaceutical Co. Ltd. | 12,131 | 250 | |
Hyundai Elevator Co. Ltd. | 7,494 | 247 | |
Hanssem Co. Ltd. | 2,954 | 247 | |
* | Binex Co. Ltd. | 11,366 | 246 |
GS Retail Co. Ltd. | 8,613 | 245 | |
Medytox Inc. | 1,471 | 241 | |
* | Pan Ocean Co. Ltd. | 75,465 | 240 |
LOTTE Fine Chemical Co. Ltd. | 5,575 | 239 | |
L&F Co. Ltd. | 6,824 | 238 | |
Paradise Co. Ltd. | 21,057 | 238 | |
JB Financial Group Co. Ltd. | 51,617 | 233 | |
Samsung Card Co. Ltd. | 8,960 | 233 | |
Youngone Corp. | 9,226 | 232 | |
Sam Chun Dang Pharm Co. Ltd. | 4,904 | 231 | |
Korea Gas Corp. | 9,521 | 230 | |
SFA Engineering Corp. | 7,090 | 229 | |
* | Amicogen Inc. | 8,149 | 222 |
KCC Corp. | 1,634 | 222 |
87 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
JYP Entertainment Corp. | 8,113 | 221 | |
Doosan Bobcat Inc. | 8,654 | 221 | |
Innocean Worldwide Inc. | 4,216 | 220 | |
Meritz Fire & Marine Insurance Co. Ltd. | 17,906 | 220 | |
BGF retail Co. Ltd. | 2,109 | 219 | |
SK Discovery Co. Ltd. | 3,913 | 218 | |
Eo Technics Co. Ltd. | 2,799 | 218 | |
Hyundai Wia Corp. | 5,852 | 217 | |
* | Hyundai Rotem Co. Ltd. | 16,361 | 216 |
* | GemVax & Kael Co. Ltd. | 11,309 | 215 |
* | Zinus Inc. | 2,736 | 213 |
Lotte Corp. | 8,466 | 213 | |
Ottogi Corp. | 454 | 213 | |
* | G-treeBNT Co. Ltd. | 8,690 | 212 |
* | Yungjin Pharmaceutical Co. Ltd. | 33,594 | 212 |
Ecopro Co. Ltd. | 5,513 | 209 | |
Samsung Fire & Marine Insurance Co. Ltd. Preference Shares | 1,664 | 209 | |
LS Electric Co. Ltd. | 4,746 | 208 | |
Hanmi Science Co. ltd | 4,413 | 208 | |
Kolon Industries Inc. | 6,451 | 203 | |
* | Hyundai Electric & Energy System Co. Ltd. | 15,191 | 202 |
Jeil Pharmaceutical Co. Ltd. | 3,563 | 200 | |
SK Networks Co. Ltd. | 49,736 | 199 | |
Ssangyong Cement Industrial Co. Ltd. | 39,905 | 196 | |
* | Chabiotech Co. Ltd. | 12,984 | 195 |
Hyundai Mipo Dockyard Co. Ltd. | 7,746 | 193 | |
* | Hyosung Heavy Industries Corp. | 3,660 | 192 |
* | Chunbo Co. Ltd. | 1,444 | 191 |
Posco International Corp. | 16,152 | 191 | |
IS Dongseo Co. Ltd. | 5,641 | 191 | |
DoubleUGames Co. Ltd. | 3,487 | 190 | |
NICE Information Service Co. Ltd. | 10,929 | 188 | |
Hyosung Corp. | 2,867 | 188 | |
Hanjin Transportation Co. Ltd. | 4,503 | 188 | |
^ | Cosmax Inc. | 2,006 | 187 |
Dongjin Semichem Co. Ltd. | 7,670 | 186 | |
*,^,§ | SillaJen Inc. | 17,385 | 185 |
Korean Reinsurance Co. | 28,052 | 184 | |
Sungwoo Hitech Co. Ltd. | 57,645 | 181 | |
DongKook Pharmaceutical Co. Ltd. | 8,385 | 179 | |
* | Webzen Inc. | 6,293 | 178 |
* | Ace Technologies Corp. | 10,046 | 178 |
* | BH Co. Ltd. | 9,805 | 178 |
Daishin Securities Co. Ltd. | 14,831 | 177 | |
Seoul Semiconductor Co. Ltd. | 11,359 | 176 | |
* | ABLBio Inc. | 7,730 | 172 |
Iljin Materials Co. Ltd. | 4,510 | 171 | |
KEPCO Plant Service & Engineering Co. Ltd. | 6,992 | 170 | |
LG International Corp. | 12,382 | 170 | |
* | NHN Corp. | 2,746 | 169 |
* | ST Pharm Co. Ltd. | 3,130 | 167 |
Dong-A Socio Holdings Co. Ltd. | 1,767 | 166 | |
Wemade Co. Ltd. | 4,709 | 166 | |
* | Hyundai Construction Equipment Co. Ltd. | 7,448 | 165 |
Partron Co. Ltd. | 18,924 | 163 | |
Modetour Network Inc. | 13,169 | 162 | |
Green Cross Holdings Corp. | 8,097 | 161 | |
F&F Co. Ltd. | 1,973 | 159 | |
Kolmar Korea Co. Ltd. | 4,041 | 158 | |
* | Kumho Tire Co. Inc. | 50,020 | 157 |
* | RFHIC Corp. | 5,101 | 157 |
* | Enzychem Lifesciences Corp. | 1,879 | 155 |
NEPES Corp. | 6,078 | 154 | |
Huchems Fine Chemical Corp. | 7,579 | 154 |
88 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Kwang Dong Pharmaceutical Co. Ltd. | 18,830 | 151 | |
* | CMG Pharmaceutical Co. Ltd. | 37,284 | 150 |
* | CJ CGV Co. Ltd. | 8,305 | 148 |
Korea Petrochemical Ind Co. Ltd. | 862 | 148 | |
LOTTE Reit Co. Ltd. | 31,019 | 148 | |
JW Pharmaceutical Corp. | 5,227 | 143 | |
LOTTE Himart Co. Ltd. | 5,257 | 143 | |
Hyundai Home Shopping Network Corp. | 2,274 | 142 | |
* | Studio Dragon Corp. | 2,043 | 142 |
* | Daewoo Engineering & Construction Co. Ltd. | 52,895 | 141 |
*,^ | Helixmith Co. Ltd. | 8,482 | 139 |
* | iNtRON Biotechnology Inc. | 11,424 | 138 |
* | Hancom Inc. | 8,867 | 135 |
Sangsangin Co. Ltd. | 26,085 | 135 | |
Daewoong Co. Ltd. | 6,449 | 135 | |
^ | Hana Tour Service Inc. | 3,906 | 134 |
* | CrystalGenomics Inc. | 10,250 | 134 |
* | SM Entertainment Co. Ltd. | 5,163 | 132 |
* | Asiana Airlines Inc. | 41,380 | 132 |
Daou Technology Inc. | 7,947 | 132 | |
Youlchon Chemical Co. Ltd. | 9,736 | 131 | |
* | L&C Bio Co. Ltd. | 3,390 | 129 |
GS Home Shopping Inc. | 1,052 | 129 | |
Handsome Co. Ltd. | 5,208 | 129 | |
* | TY Holdings Co. Ltd. | 7,169 | 129 |
* | Medipost Co. Ltd. | 4,816 | 127 |
* | S&S Tech Corp. | 4,240 | 127 |
INTOPS Co. Ltd. | 8,786 | 127 | |
Taekwang Industrial Co. Ltd. | 199 | 125 | |
Silicon Works Co. Ltd. | 3,094 | 125 | |
Hanwha Corp. Preference Shares | 10,942 | 125 | |
* | NKMax Co. Ltd. | 10,750 | 124 |
* | Komipharm International Co. Ltd. | 11,261 | 124 |
* | Lotte Tour Development Co. Ltd. | 9,679 | 124 |
Samyang Holdings Corp. | 2,219 | 122 | |
* | Aprogen pharmaceuticals Inc. | 108,181 | 120 |
Posco ICT Co. Ltd. | 20,195 | 120 | |
Poongsan Corp. | 5,496 | 120 | |
AfreecaTV Co. Ltd. | 2,207 | 117 | |
Hansae Co. Ltd. | 7,440 | 117 | |
HDC Holdings Co. Ltd. | 13,059 | 115 | |
LG Hausys Ltd. | 1,962 | 115 | |
*,^ | Kuk-il Paper Manufacturing Co. Ltd. | 26,987 | 115 |
* | Daeduck Electronics Co. Ltd. | 13,041 | 114 |
NICE Holdings Co. Ltd. | 7,180 | 114 | |
Hyosung TNC Co. Ltd. | 899 | 114 | |
Foosung Co. Ltd. | 14,322 | 114 | |
Daewoong Pharmaceutical Co. Ltd. | 1,404 | 114 | |
Dong-A ST Co. Ltd. | 1,528 | 113 | |
Ahnlab Inc. | 2,032 | 113 | |
* | Hanwha General Insurance Co. Ltd. | 45,708 | 113 |
* | Duk San Neolux Co. Ltd. | 4,300 | 113 |
* | YG Entertainment Inc. | 3,272 | 113 |
* | Telcon RF Pharmaceutical Inc. | 20,867 | 111 |
Mcnex Co. Ltd. | 3,792 | 111 | |
* | Hyosung Advanced Materials Corp. | 931 | 111 |
* | Naturecell Co. Ltd. | 13,593 | 110 |
Daea TI Co. Ltd. | 21,668 | 110 | |
Daesang Corp. | 5,170 | 110 | |
Korea Real Estate Investment & Trust Co. Ltd. | 69,006 | 110 | |
* | Dongkuk Steel Mill Co. Ltd. | 20,267 | 109 |
iMarketKorea Inc. | 14,356 | 108 | |
* | SFA Semicon Co. Ltd. | 24,569 | 107 |
i-SENS Inc. | 4,404 | 106 |
89 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Ananti Inc. | 14,330 | 106 |
Dawonsys Co. Ltd. | 5,674 | 105 | |
E1 Corp. | 2,621 | 105 | |
PI Advanced Materials Co. Ltd. | 4,090 | 104 | |
Meritz Financial Group Inc. | 12,474 | 104 | |
Huons Co. Ltd. | 2,094 | 103 | |
Hanwha Life Insurance Co. Ltd. | 75,081 | 102 | |
GOLFZON Co. Ltd. | 1,620 | 102 | |
Korea Asset In Trust Co. Ltd. | 31,050 | 101 | |
Samwha Capacitor Co. Ltd. | 2,246 | 101 | |
Hyundai Greenfood Co. Ltd. | 15,539 | 100 | |
* | ITM Semiconductor Co. Ltd. | 2,429 | 100 |
SK Securities Co. Ltd. | 159,590 | 99 | |
* | KH Vatec Co. Ltd. | 6,489 | 98 |
OptoElectronics Solutions Co. Ltd. | 2,511 | 98 | |
* | Hyundai Bioscience Co. Ltd. | 10,015 | 98 |
Chongkundang Holdings Corp. | 1,116 | 96 | |
* | Osstem Implant Co. Ltd. | 2,787 | 96 |
*,^ | Feelux Co. Ltd. | 35,590 | 94 |
Toptec Co. Ltd. | 6,950 | 93 | |
* | Yuanta Securities Korea Co. Ltd. | 38,496 | 92 |
Orion Holdings Corp. | 8,252 | 90 | |
Shinsegae International Inc. | 713 | 90 | |
HS Industries Co. Ltd. | 14,294 | 90 | |
* | Seobu T&D | 16,517 | 89 |
Binggrae Co. Ltd. | 1,802 | 89 | |
* | Gamevil Inc. | 3,293 | 88 |
Hansol Paper Co. Ltd. | 7,240 | 87 | |
Cuckoo Homesys Co. Ltd. | 2,535 | 87 | |
Eugene Technology Co. Ltd. | 3,601 | 86 | |
SL Corp. | 6,678 | 86 | |
Grand Korea Leisure Co. Ltd. | 8,051 | 86 | |
Dongwon F&B Co. Ltd. | 596 | 85 | |
* | Byucksan Corp. | 51,879 | 84 |
S&T Motiv Co. Ltd. | 1,871 | 84 | |
* | Cafe24 Corp. | 1,679 | 83 |
* | Innox Advanced Materials Co. Ltd. | 2,109 | 83 |
* | Eutilex Co. Ltd. | 2,960 | 83 |
* | Doosan Solus Co. Ltd. | 2,880 | 81 |
* | Neowiz | 4,212 | 78 |
Youngone Holdings Co. Ltd. | 2,479 | 78 | |
Tokai Carbon Korea Co. Ltd. | 951 | 78 | |
*,^ | CUROCOM Co. Ltd. | 39,320 | 75 |
Hyosung Chemical Corp. | 663 | 74 | |
SK Gas Ltd. | 797 | 74 | |
Korea Electric Terminal Co. Ltd. | 1,823 | 74 | |
Sebang Global Battery Co. Ltd. | 3,049 | 74 | |
Dongwon Industries Co. Ltd. | 415 | 74 | |
Samchully Co. Ltd. | 1,099 | 74 | |
KEPCO Engineering & Construction Co. Inc. | 5,282 | 73 | |
* | DIO Corp. | 2,745 | 71 |
* | Anterogen Co. Ltd. | 1,829 | 71 |
* | Dentium Co. Ltd. | 2,128 | 70 |
* | SBS Media Holdings Co. Ltd. | 47,697 | 69 |
Sung Kwang Bend Co. Ltd. | 13,269 | 69 | |
NS Shopping Co. Ltd. | 6,400 | 69 | |
Maeil Dairies Co. Ltd. | 1,169 | 69 | |
LIG Nex1 Co. Ltd. | 2,755 | 68 | |
Halla Holdings Corp. | 2,411 | 68 | |
Hankook Technology Group Co. Ltd. | 5,128 | 67 | |
Hyundai Bioland Co. Ltd. | 3,402 | 67 | |
* | Doosan Heavy Industries & Construction Co. Ltd. Rights Exp. 12/04/2020 | 18,431 | 67 |
Taeyoung Engineering & Construction Co. Ltd. | 7,437 | 66 | |
TES Co. Ltd. | 2,989 | 66 |
90 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Wonik Holdings Co. Ltd. | 17,538 | 65 |
Doosan Co. Ltd. | 1,562 | 65 | |
Jusung Engineering Co. Ltd. | 10,459 | 65 | |
LF Corp. | 4,969 | 64 | |
Soulbrain Holdings Co. Ltd. | 1,658 | 63 | |
KISWIRE Ltd. | 5,113 | 63 | |
Dae Han Flour Mills Co. Ltd. | 505 | 62 | |
Namhae Chemical Corp. | 8,782 | 62 | |
* | AbClon Inc. | 2,468 | 61 |
Advanced Process Systems Corp. | 3,239 | 60 | |
Lotte Chilsung Beverage Co. Ltd. | 790 | 60 | |
Vieworks Co. Ltd. | 2,342 | 60 | |
Hanil Cement Co. Ltd. | 830 | 59 | |
BGF Co. Ltd. | 16,233 | 58 | |
* | Stcube | 7,603 | 57 |
Kolon Corp. | 3,096 | 56 | |
Eugene Investment & Securities Co. Ltd. | 17,472 | 55 | |
Songwon Industrial Co. Ltd. | 4,340 | 55 | |
KC Tech Co. Ltd. | 2,755 | 54 | |
* | Vidente Co. Ltd. | 9,421 | 53 |
ICD Co. Ltd. | 4,187 | 53 | |
S&T Dynamics Co. Ltd. | 11,365 | 52 | |
* | Inscobee Inc. | 25,963 | 52 |
Harim Holdings Co. Ltd. | 8,995 | 52 | |
Kumho Industrial Co. Ltd. | 8,282 | 51 | |
JW Holdings Corp. | 10,890 | 51 | |
* | Dongsung Pharmaceutical Co. Ltd. | 5,053 | 50 |
* | Insun ENT Co. Ltd. | 6,166 | 50 |
Tongyang Inc. | 50,362 | 49 | |
*,^ | Able C&C Co. Ltd. | 7,592 | 49 |
* | Lock&Lock Co. Ltd. | 5,144 | 47 |
* | Hansol Holdings Co. Ltd. | 15,649 | 46 |
* | Taihan Electric Wire Co. Ltd. | 58,282 | 45 |
Interpark Corp. | 23,623 | 44 | |
Samyang Corp. | 1,042 | 44 | |
Nexen Tire Corp. | 9,585 | 44 | |
* | Hanwha Investment & Securities Co. Ltd. | 28,944 | 44 |
Lotte Food Co. Ltd. | 162 | 44 | |
Green Cross Cell Corp. | 1,282 | 43 | |
* | Samsung Pharmaceutical Co. Ltd. | 13,586 | 43 |
LG HelloVision Co. Ltd. | 12,615 | 42 | |
KC Co. Ltd. | 2,009 | 42 | |
SPC Samlip Co. Ltd. | 758 | 42 | |
*,^ | Peptron Inc. | 2,998 | 41 |
Daeduck Co. Ltd. | 7,545 | 41 | |
Hankook Shell Oil Co. Ltd. | 194 | 41 | |
Cuckoo Holdings Co. Ltd. | 506 | 41 | |
* | KCC Glass Corp. | 1,536 | 40 |
KTB Investment & Securities Co. Ltd. | 17,627 | 40 | |
Young Poong Corp. | 91 | 39 | |
*,^ | Ssangyong Motor Co. | 9,829 | 38 |
* | Interflex Co. Ltd. | 3,142 | 38 |
Daekyo Co. Ltd. | 11,162 | 37 | |
AK Holdings Inc. | 2,228 | 34 | |
* | Eusu Holdings Co. Ltd. | 7,157 | 34 |
* | Korea Line Corp. | 23,700 | 33 |
Namyang Dairy Products Co. Ltd. | 148 | 33 | |
*,^ | GNCO Co. Ltd. | 33,968 | 33 |
Sam Young Electronics Co. Ltd. | 4,528 | 31 | |
Woongjin Thinkbig Co. Ltd. | 13,570 | 31 | |
Lotte Confectionery Co. Ltd. | 340 | 30 | |
Mirae Asset Life Insurance Co. Ltd. | 8,792 | 29 | |
CJ Freshway Corp. | 2,037 | 29 | |
InBody Co. Ltd. | 2,162 | 29 |
91 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
KISCO Corp. | 7,103 | 29 | |
DB Financial Investment Co. Ltd. | 8,526 | 29 | |
Dae Hwa Pharmaceutical Co. Ltd. | 2,420 | 28 | |
Seah Besteel Corp. | 3,350 | 28 | |
KT Skylife Co. Ltd. | 3,297 | 28 | |
TK Corp. | 5,206 | 27 | |
Cell Biotech Co. Ltd. | 1,908 | 27 | |
* | Coreana Cosmetics Co. Ltd. | 5,638 | 26 |
* | Lutronic Corp. | 5,622 | 25 |
Kyobo Securities Co. Ltd. | 4,032 | 24 | |
* | COSON Co. Ltd. | 4,916 | 23 |
Humedix Co. Ltd. | 1,152 | 22 | |
* | Homecast Co. Ltd. | 8,376 | 22 |
* | Hansol Technics Co. Ltd. | 2,839 | 22 |
Hyundai Livart Furniture Co. Ltd. | 1,541 | 21 | |
Huons Global Co. Ltd. | 819 | 20 | |
Sindoh Co. Ltd. | 1,039 | 20 | |
Kolmar Korea Holdings Co. Ltd. | 919 | 19 | |
Aekyung Industrial Co. Ltd. | 984 | 19 | |
*,^,§ | Cellumed Co. Ltd. | 3,487 | 18 |
Hanil Holdings Co. Ltd. | 426 | 17 | |
* | Agabang&Company | 7,227 | 16 |
*,§ | Yuyang DNU Co. Ltd. | 14,731 | 16 |
Hyundai Corp. | 941 | 12 | |
* | Muhak Co. Ltd. | 1,944 | 11 |
*,§ | Esmo Corp. | 27,286 | 10 |
* | Doosan Fuel Cell Co. Ltd. Rights Exp. 12/08/2020 | 895 | 6 |
Tongyang Life Insurance Co. Ltd. | 419 | 1 | |
*,§ | CNK International Co. Ltd. | 78 | — |
316,865 | |||
Spain (0.6%) | |||
* | Iberdrola SA | 2,085,744 | 24,628 |
* | Banco Santander SA (XMAD) | 5,451,590 | 10,917 |
^ | Industria de Diseno Textil SA | 373,215 | 9,215 |
1 | Cellnex Telecom SA | 121,264 | 7,784 |
Amadeus IT Group SA | 150,868 | 7,188 | |
Banco Bilbao Vizcaya Argentaria SA | 2,365,841 | 6,826 | |
Telefonica SA | 1,674,450 | 5,447 | |
* | Ferrovial SA | 173,191 | 3,751 |
*,1 | Aena SME SA | 24,953 | 3,362 |
* | Repsol SA | 489,984 | 3,076 |
Grifols SA | 112,593 | 3,043 | |
Endesa SA | 111,669 | 2,996 | |
Red Electrica Corp. SA | 153,316 | 2,701 | |
CaixaBank SA | 1,275,535 | 2,327 | |
Siemens Gamesa Renewable Energy SA | 77,948 | 2,212 | |
Naturgy Energy Group SA | 106,899 | 1,986 | |
ACS Actividades de Construccion y Servicios SA | 81,189 | 1,930 | |
Enagas SA | 87,288 | 1,884 | |
Bankinter SA | 252,308 | 948 | |
Viscofan SA | 13,510 | 912 | |
Inmobiliaria Colonial Socimi SA | 121,001 | 861 | |
Merlin Properties Socimi SA | 121,571 | 818 | |
Acciona SA | 7,065 | 714 | |
Pharma Mar SA | 4,999 | 671 | |
Ebro Foods SA | 28,572 | 640 | |
Banco de Sabadell SA | 1,989,273 | 609 | |
Mapfre SA | 375,765 | 567 | |
Bankia SA | 453,021 | 557 | |
* | Acerinox SA | 54,520 | 433 |
* | Solaria Energia y Medio Ambiente SA | 21,116 | 411 |
Zardoya Otis SA | 66,393 | 406 | |
Fluidra SA | 21,756 | 393 | |
* | Banco Santander SA (XMEX) | 195,913 | 379 |
92 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Applus Services SA | 47,724 | 374 |
Cia de Distribucion Integral Logista Holdings SA | 21,015 | 355 | |
Faes Farma SA | 89,838 | 339 | |
CIE Automotive SA | 17,148 | 336 | |
*,^ | Banco Santander SA ADR | 162,313 | 326 |
*,1 | Neinor Homes SA | 26,333 | 318 |
1 | Euskaltel SA | 29,552 | 281 |
* | Indra Sistemas SA | 42,840 | 257 |
Almirall SA | 23,169 | 248 | |
Grifols SA Preference Shares | 13,848 | 234 | |
Prosegur Cia de Seguridad SA | 98,413 | 225 | |
* | Construcciones y Auxiliar de Ferrocarriles SA | 7,051 | 223 |
* | Sacyr SA | 128,465 | 218 |
*,1 | Unicaja Banco SA | 284,134 | 182 |
* | Mediaset Espana Comunicacion SA | 52,714 | 176 |
1 | Gestamp Automocion SA | 52,799 | 161 |
* | Melia Hotels International SA | 37,871 | 140 |
*,1 | Aedas Homes SA | 6,664 | 132 |
* | Liberbank SA | 481,493 | 129 |
1 | Global Dominion Access SA | 31,040 | 110 |
*,^ | Ence Energia y Celulosa SA | 44,717 | 100 |
* | Promotora de Informaciones SA | 127,116 | 95 |
* | Distribuidora Internacional de Alimentacion SA | 673,600 | 88 |
Atresmedia Corp. de Medios de Comunicacion SA | 33,387 | 88 | |
1 | Prosegur Cash SA | 110,532 | 86 |
* | Tecnicas Reunidas SA | 10,072 | 81 |
*,1 | Metrovacesa SA | 14,260 | 80 |
Lar Espana Real Estate Socimi SA | 21,012 | 75 | |
* | NH Hotel Group SA | 7,070 | 18 |
*,§ | Let's GOWEX SA | 3,921 | — |
116,067 | |||
Sweden (1.0%) | |||
Telefonaktiebolaget LM Ericsson Class B | 1,051,686 | 11,742 | |
* | Volvo AB Class B | 530,777 | 10,317 |
Investor AB Class B | 166,515 | 9,981 | |
Atlas Copco AB Class A | 221,229 | 9,765 | |
Assa Abloy AB Class B | 324,147 | 6,947 | |
* | Sandvik AB | 384,234 | 6,849 |
* | Hexagon AB Class B | 90,260 | 6,616 |
Essity AB Class B | 215,823 | 6,247 | |
* | Swedbank AB Class A | 357,716 | 5,600 |
Atlas Copco AB Class B | 137,343 | 5,262 | |
Hennes & Mauritz AB Class B | 315,159 | 5,124 | |
* | Skandinaviska Enskilda Banken AB Class A | 513,631 | 4,408 |
* | Svenska Handelsbanken AB Class A | 529,153 | 4,288 |
Swedish Match AB | 54,649 | 4,109 | |
1 | Evolution Gaming Group AB | 47,716 | 3,539 |
^ | Telia Co. AB | 915,146 | 3,502 |
* | Kinnevik AB | 84,583 | 3,464 |
Epiroc AB Class A | 229,965 | 3,434 | |
* | Svenska Cellulosa AB SCA Class B | 210,396 | 2,846 |
Skf AB | 138,218 | 2,829 | |
Boliden AB | 102,867 | 2,805 | |
* | Nibe Industrier AB Class B | 106,558 | 2,566 |
Skanska AB Class B | 131,324 | 2,463 | |
Investor AB Class A | 38,280 | 2,289 | |
* | Industrivarden AB Class A | 84,610 | 2,273 |
* | Alfa Laval AB | 110,577 | 2,246 |
Tele2 AB | 186,734 | 2,204 | |
Castellum AB | 94,976 | 1,977 | |
*,^ | Electrolux AB Class B | 84,034 | 1,895 |
Epiroc AB Class B | 129,457 | 1,853 | |
* | Indutrade AB | 34,365 | 1,740 |
* | Fastighets AB Balder Class B | 35,299 | 1,661 |
93 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Securitas AB Class B | 111,675 | 1,576 |
Getinge AB | 79,568 | 1,558 | |
Elekta AB Class B | 126,178 | 1,476 | |
Husqvarna AB | 138,819 | 1,431 | |
* | Trelleborg AB Class B | 83,705 | 1,393 |
*,1 | Sinch AB | 14,016 | 1,331 |
EQT AB | 69,895 | 1,328 | |
* | Industrivarden AB Class C | 51,904 | 1,325 |
*,1 | Thule Group AB | 40,324 | 1,319 |
ICA Gruppen AB | 27,686 | 1,311 | |
Lundin Energy AB | 67,333 | 1,287 | |
* | Volvo AB Class A | 66,253 | 1,286 |
Holmen AB | 33,771 | 1,279 | |
* | L E Lundbergforetagen AB Class B | 27,568 | 1,239 |
* | Aak AB | 62,394 | 1,214 |
Fabege AB | 92,951 | 1,174 | |
Sweco AB Class B | 22,370 | 1,126 | |
Lifco AB Class B | 15,257 | 1,117 | |
* | Swedish Orphan Biovitrum AB | 63,974 | 1,103 |
*,1 | Dometic Group AB | 101,828 | 1,101 |
Investment AB Latour Class B | 40,009 | 933 | |
BillerudKorsnas AB | 59,033 | 922 | |
Axfood AB | 39,318 | 914 | |
Avanza Bank Holding AB | 42,615 | 812 | |
* | Nordic Entertainment Group AB Class B | 22,612 | 807 |
AddTech AB | 72,504 | 801 | |
Wihlborgs Fastigheter AB | 44,260 | 798 | |
1 | Bravida Holding AB | 68,786 | 793 |
Wallenstam AB | 57,901 | 768 | |
^ | Samhallsbyggnadsbolaget i Norden AB (Ordinary Shares) | 276,778 | 762 |
* | Hexpol AB | 86,115 | 758 |
* | AF Poyry AB | 32,798 | 749 |
* | Saab AB Class B | 31,604 | 725 |
Beijer Ref AB Class B | 25,311 | 701 | |
* | SSAB AB Class B | 253,660 | 684 |
Jm AB | 22,497 | 650 | |
* | Peab AB Class B | 68,429 | 633 |
* | Loomis AB Class B | 28,386 | 633 |
Arjo AB | 86,418 | 614 | |
* | NetEnt AB | 63,939 | 606 |
* | Nyfosa AB | 69,774 | 577 |
^ | Intrum AB | 23,125 | 565 |
Kungsleden AB | 65,640 | 557 | |
* | Sectra AB Class B | 9,055 | 552 |
* | Vitrolife AB | 22,424 | 546 |
Bure Equity AB | 18,758 | 544 | |
Mycronic AB | 25,020 | 528 | |
NCC AB Class B | 32,820 | 523 | |
Hufvudstaden AB Class A | 37,568 | 490 | |
* | Nolato AB Class B | 5,301 | 441 |
* | Bilia AB | 29,824 | 397 |
* | Biotage AB | 22,831 | 380 |
Catena AB | 8,409 | 342 | |
* | Hansa Biopharma AB | 12,702 | 339 |
* | Betsson AB | 43,587 | 332 |
Lindab International AB | 21,286 | 329 | |
* | Modern Times Group MTG AB Class B | 24,466 | 326 |
Telefonaktiebolaget LM Ericsson Class A | 26,259 | 314 | |
*,1 | Munters Group AB | 41,835 | 311 |
* | Electrolux Professional AB Class B | 79,280 | 299 |
* | Pandox AB Class B | 28,722 | 287 |
Klovern AB | 183,923 | 280 | |
Ratos AB | 70,826 | 258 | |
* | Nobia AB | 38,056 | 229 |
94 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Atrium Ljungberg AB | 13,772 | 223 | |
*,1 | Resurs Holding AB | 47,568 | 217 |
Dios Fastigheter AB | 29,484 | 206 | |
* | SSAB AB Class A | 68,745 | 200 |
* | Karo Pharma AB | 26,746 | 191 |
* | Cloetta AB | 80,284 | 189 |
* | Bonava AB Class B | 24,050 | 187 |
Samhallsbyggnadsbolaget i Norden AB | 54,795 | 178 | |
*,1 | Attendo AB | 38,500 | 176 |
* | Svenska Handelsbanken AB Class B | 18,027 | 174 |
Klovern AB Preference Shares | 4,687 | 165 | |
* | Concentric AB | 9,601 | 159 |
* | Adapteo Oyj | 16,699 | 153 |
*,^,1 | Scandic Hotels Group AB | 58,544 | 149 |
Sagax AB Preference Shares | 35,999 | 144 | |
Investment AB Oresund | 10,840 | 143 | |
* | Mekonomen AB | 13,668 | 133 |
SkiStar AB | 11,188 | 125 | |
Clas Ohlson AB | 11,122 | 98 | |
* | Svenska Cellulosa AB SCA Class A | 6,670 | 92 |
* | SAS AB | 661,311 | 73 |
Ncc Ab Class A | 1,486 | 24 | |
* | Collector AB | 10,670 | 17 |
* | Bonava AB | 1,921 | 14 |
*,^ | SAS AB (XSTO) | 73,479 | 13 |
Sagax AB | 3,641 | 13 | |
197,080 | |||
Switzerland (2.5%) | |||
Nestle SA | 983,458 | 110,617 | |
Roche Holding AG | 245,162 | 78,778 | |
Novartis AG | 757,668 | 59,039 | |
Zurich Insurance Group AG | 52,353 | 17,389 | |
Lonza Group AG | 26,234 | 15,895 | |
ABB Ltd. | 628,542 | 15,252 | |
UBS Group AG | 1,179,836 | 13,736 | |
Givaudan SA | 3,268 | 13,327 | |
Sika AG | 49,320 | 12,133 | |
Cie Financiere Richemont SA | 179,597 | 11,225 | |
* | Alcon Inc. | 162,990 | 9,266 |
Credit Suisse Group AG | 822,571 | 7,758 | |
Geberit AG | 12,491 | 7,109 | |
Swiss Re AG | 98,894 | 7,097 | |
LafargeHolcim Ltd. (XVTX) | 146,263 | 6,278 | |
Partners Group Holding AG | 5,854 | 5,270 | |
SGS SA | 2,084 | 5,205 | |
Swisscom AG | 9,028 | 4,592 | |
Logitech International SA | 53,275 | 4,482 | |
* | Sonova Holding AG | 18,631 | 4,422 |
Schindler Holding AG | 14,894 | 3,815 | |
Straumann Holding AG | 3,617 | 3,776 | |
Swiss Life Holding AG | 11,174 | 3,759 | |
Kuehne & Nagel International AG | 18,020 | 3,602 | |
Julius Baer Group Ltd. | 78,013 | 3,472 | |
Roche Holding AG (Bearer) | 10,416 | 3,356 | |
Chocoladefabriken Lindt & Spruengli AG (Registered) | 36 | 3,112 | |
Adecco Group AG | 56,504 | 2,771 | |
Chocoladefabriken Lindt & Spruengli AG | 340 | 2,696 | |
Swatch Group AG (Bearer) | 11,908 | 2,522 | |
Temenos AG | 21,775 | 2,340 | |
Swiss Prime Site AG | 27,599 | 2,322 | |
Baloise Holding AG | 16,414 | 2,245 | |
Barry Callebaut AG | 1,085 | 2,240 | |
EMS-Chemie Holding AG | 2,489 | 2,189 | |
Vifor Pharma AG | 18,998 | 2,138 |
95 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | SIG Combibloc Group AG | 100,464 | 2,066 |
Tecan Group AG | 4,121 | 1,956 | |
* | ams AG | 88,577 | 1,897 |
PSP Swiss Property AG | 15,462 | 1,870 | |
1 | VAT Group AG | 9,435 | 1,770 |
Schindler Holding AG (Registered) | 6,139 | 1,578 | |
Georg Fischer AG | 1,508 | 1,523 | |
LafargeHolcim Ltd. (XPAR) | 34,256 | 1,473 | |
Sunrise Communications Group AG | 12,058 | 1,445 | |
Belimo Holding AG | 165 | 1,227 | |
Cembra Money Bank AG | 10,925 | 1,214 | |
Clariant AG | 70,719 | 1,213 | |
1 | Galenica AG | 16,946 | 1,069 |
Allreal Holding AG | 4,939 | 1,046 | |
* | Idorsia Ltd. | 39,766 | 1,044 |
Siegfried Holding AG | 1,537 | 973 | |
Banque Cantonale Vaudoise | 9,850 | 954 | |
Helvetia Holding AG | 11,469 | 899 | |
* | Flughafen Zurich AG | 6,512 | 879 |
DKSH Holding AG | 13,455 | 866 | |
* | Softwareone Holding AG | 33,799 | 832 |
Bachem Holding AG | 1,971 | 797 | |
Bucher Industries AG | 2,048 | 790 | |
* | Zur Rose Group AG | 2,617 | 728 |
Mobimo Holding AG | 2,516 | 727 | |
^ | Stadler Rail AG | 16,939 | 674 |
Bkw AG | 6,556 | 651 | |
Emmi AG | 682 | 644 | |
* | Dufry AG | 16,583 | 626 |
Vontobel Holding AG | 10,201 | 626 | |
Daetwyler Holding AG | 2,790 | 624 | |
SFS Group AG | 6,565 | 613 | |
Interroll Holding AG | 207 | 556 | |
Valiant Holding AG | 6,741 | 541 | |
Forbo Holding AG | 345 | 528 | |
Conzzeta AG | 469 | 473 | |
OC Oerlikon Corp. AG | 67,575 | 470 | |
Inficon Holding AG | 629 | 462 | |
* | Landis&Gyr Group AG | 8,113 | 453 |
^ | dormakaba Holding AG | 972 | 447 |
VZ Holding AG | 5,300 | 445 | |
Schweiter Technologies AG | 311 | 425 | |
St. Galler Kantonalbank AG | 974 | 411 | |
Sulzer AG | 5,560 | 407 | |
Huber & Suhner AG | 5,296 | 382 | |
Berner Kantonalbank AG | 1,628 | 370 | |
Swatch Group AG (Registered) | 8,619 | 352 | |
LEM Holding SA | 187 | 339 | |
Kardex Holding AG | 1,827 | 323 | |
Comet Holding AG | 2,281 | 321 | |
Burckhardt Compression Holding AG | 1,205 | 302 | |
Swissquote Group Holding SA | 3,158 | 251 | |
Vetropack Holding AG | 4,376 | 244 | |
ALSO Holding AG | 1,028 | 241 | |
Intershop Holding AG | 367 | 225 | |
Liechtensteinische Landesbank AG | 3,879 | 219 | |
EFG International AG | 37,119 | 201 | |
* | Komax Holding AG | 1,091 | 198 |
* | Ascom Holding AG | 16,022 | 192 |
* | COSMO Pharmaceuticals NV | 2,263 | 183 |
*,1 | Medacta Group SA | 2,055 | 174 |
* | Arbonia AG | 15,299 | 170 |
Ypsomed Holding AG | 1,264 | 157 | |
* | Aryzta AG | 305,283 | 153 |
96 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
*,^ | Basilea Pharmaceutica AG | 3,005 | 146 |
* | Valora Holding AG | 981 | 140 |
Bobst Group SA | 2,817 | 136 | |
Zehnder Group AG | 2,774 | 133 | |
Bell Food Group AG | 520 | 132 | |
* | Autoneum Holding AG | 940 | 116 |
Bossard Holding AG | 682 | 111 | |
Leonteq AG | 3,057 | 108 | |
u-blox Holding AG | 2,049 | 103 | |
Implenia AG | 4,586 | 92 | |
Rieter Holding AG | 1,063 | 92 | |
* | Hiag Immobilien Holding AG | 865 | 88 |
VP Bank AG | 742 | 84 | |
* | GAM Holding AG | 44,025 | 71 |
* | Apg Sga SA | 321 | 62 |
* | Ina Invest Holding AG | 917 | 17 |
502,765 | |||
Taiwan (1.8%) | |||
Taiwan Semiconductor Manufacturing Co. Ltd. | 5,378,165 | 81,370 | |
Taiwan Semiconductor Manufacturing Co. Ltd. ADR | 627,927 | 52,664 | |
MediaTek Inc. | 526,086 | 12,505 | |
Hon Hai Precision Industry Co. Ltd. | 4,206,520 | 11,409 | |
Delta Electronics Inc. | 768,471 | 5,113 | |
Formosa Plastics Corp. | 1,714,873 | 4,747 | |
Nan Ya Plastics Corp. | 1,989,423 | 4,087 | |
United Microelectronics Corp. | 3,770,180 | 4,052 | |
CTBC Financial Holding Co. Ltd. | 6,240,715 | 3,941 | |
Cathay Financial Holding Co. Ltd. | 2,911,895 | 3,913 | |
Largan Precision Co. Ltd. | 36,020 | 3,825 | |
Chunghwa Telecom Co. Ltd. ADR | 97,033 | 3,666 | |
Mega Financial Holding Co. Ltd. | 3,797,769 | 3,660 | |
Fubon Financial Holding Co. Ltd. | 2,548,880 | 3,631 | |
Uni-President Enterprises Corp. | 1,664,992 | 3,569 | |
E.Sun Financial Holding Co. Ltd. | 4,169,370 | 3,545 | |
China Steel Corp. | 4,455,390 | 3,165 | |
Formosa Chemicals & Fibre Corp. | 1,205,259 | 2,903 | |
ASE Technology Holding Co. Ltd. | 1,196,636 | 2,686 | |
Yuanta Financial Holding Co. Ltd. | 4,249,523 | 2,642 | |
Taiwan Cement Corp. | 1,782,921 | 2,530 | |
First Financial Holding Co. Ltd. | 3,560,690 | 2,498 | |
Quanta Computer Inc. | 963,450 | 2,431 | |
Hotai Motor Co. Ltd. | 112,000 | 2,361 | |
Taiwan Cooperative Financial Holding Co. Ltd. | 3,380,782 | 2,271 | |
Chailease Holding Co. Ltd. | 464,553 | 2,257 | |
Asustek Computer Inc. | 259,169 | 2,202 | |
Realtek Semiconductor Corp. | 173,420 | 2,160 | |
Hua Nan Financial Holdings Co. Ltd. | 3,367,726 | 2,026 | |
Yageo Corp. | 160,473 | 1,999 | |
Novatek Microelectronics Corp. | 210,025 | 1,963 | |
Taiwan Mobile Co. Ltd. | 564,800 | 1,929 | |
President Chain Store Corp. | 198,137 | 1,788 | |
Catcher Technology Co. Ltd. | 262,310 | 1,658 | |
Shanghai Commercial & Savings Bank Ltd. | 1,215,000 | 1,575 | |
Win Semiconductors Corp. | 142,151 | 1,551 | |
Pegatron Corp. | 718,954 | 1,549 | |
Taishin Financial Holding Co. Ltd. | 3,487,200 | 1,538 | |
Advantech Co. Ltd. | 147,674 | 1,495 | |
Accton Technology Corp. | 194,000 | 1,409 | |
SinoPac Financial Holdings Co. Ltd. | 3,706,756 | 1,388 | |
China Development Financial Holding Corp. | 4,698,580 | 1,379 | |
Chang Hwa Commercial Bank Ltd. | 2,286,731 | 1,363 | |
Formosa Petrochemical Corp. | 488,140 | 1,344 | |
Airtac International Group | 49,884 | 1,343 | |
Chunghwa Telecom Co. Ltd. | 346,000 | 1,298 |
97 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Silergy Corp. | 21,000 | 1,295 | |
Lite-On Technology Corp. | 765,988 | 1,248 | |
Far EasTone Telecommunications Co. Ltd. | 585,000 | 1,228 | |
Far Eastern New Century Corp. | 1,357,279 | 1,225 | |
Asia Cement Corp. | 816,264 | 1,175 | |
Unimicron Technology Corp. | 479,000 | 1,145 | |
Shin Kong Financial Holding Co. Ltd. | 3,993,875 | 1,112 | |
Globalwafers Co. Ltd. | 75,000 | 1,092 | |
Eclat Textile Co. Ltd. | 79,166 | 1,053 | |
Vanguard International Semiconductor Corp. | 315,000 | 1,029 | |
Giant Manufacturing Co. Ltd. | 102,881 | 1,016 | |
Feng TAY Enterprise Co. Ltd. | 166,509 | 1,011 | |
Wistron Corp. | 1,006,152 | 1,006 | |
Innolux Corp. | 2,868,885 | 996 | |
Micro-Star International Co. Ltd. | 246,000 | 992 | |
* | Oneness Biotech Co. Ltd. | 95,000 | 979 |
Walsin Technology Corp. | 170,968 | 979 | |
Compal Electronics Inc. | 1,452,323 | 946 | |
Merida Industry Co. Ltd. | 92,400 | 901 | |
Parade Technologies Ltd. | 23,000 | 879 | |
Acer Inc. | 1,049,551 | 877 | |
Zhen Ding Technology Holding Ltd. | 206,700 | 876 | |
Inventec Corp. | 1,064,554 | 843 | |
Wiwynn Corp. | 32,000 | 814 | |
Pou Chen Corp. | 896,524 | 792 | |
Powertech Technology Inc. | 265,000 | 784 | |
Foxconn Technology Co. Ltd. | 442,514 | 776 | |
Cheng Shin Rubber Industry Co. Ltd. | 610,379 | 771 | |
Hiwin Technologies Corp. | 86,120 | 751 | |
Walsin Lihwa Corp. | 1,170,000 | 727 | |
Taiwan High Speed Rail Corp. | 674,000 | 713 | |
Synnex Technology International Corp. | 476,498 | 708 | |
WPG Holdings Ltd. | 519,440 | 706 | |
* | AU Optronics Corp. ADR | 176,018 | 701 |
Tripod Technology Corp. | 176,000 | 700 | |
China Life Insurance Co. Ltd. | 1,043,570 | 700 | |
Macronix International | 606,903 | 681 | |
Voltronic Power Technology Corp. | 19,322 | 663 | |
ASMedia Technology Inc. | 13,000 | 653 | |
Chroma ATE Inc. | 136,000 | 648 | |
Elite Material Co. Ltd. | 123,000 | 646 | |
Simplo Technology Co. Ltd. | 57,640 | 643 | |
Teco Electric and Machinery Co. Ltd. | 612,000 | 640 | |
Chicony Electronics Co. Ltd. | 212,231 | 640 | |
Sino-American Silicon Products Inc. | 178,000 | 622 | |
Radiant Opto-Electronics Corp. | 149,314 | 588 | |
Genius Electronic Optical Co. Ltd. | 29,911 | 588 | |
Taiwan Business Bank | 1,773,305 | 583 | |
Phison Electronics Corp. | 56,000 | 583 | |
Winbond Electronics Corp. | 976,726 | 580 | |
Poya International Co. Ltd. | 26,450 | 571 | |
Nanya Technology Corp. | 277,324 | 562 | |
* | Evergreen Marine Corp. Taiwan Ltd. | 832,956 | 551 |
Sinbon Electronics Co. Ltd. | 81,499 | 549 | |
Taiwan Fertilizer Co. Ltd. | 306,000 | 548 | |
Compeq Manufacturing Co. Ltd. | 351,000 | 536 | |
* | AU Optronics Corp. | 1,326,000 | 536 |
ASPEED Technology Inc. | 11,000 | 532 | |
Nien Made Enterprise Co. Ltd. | 47,000 | 530 | |
ITEQ Corp. | 122,525 | 515 | |
Ruentex Development Co. Ltd. | 353,688 | 489 | |
E Ink Holdings Inc. | 349,000 | 469 | |
eMemory Technology Inc. | 23,000 | 460 | |
King's Town Bank Co. Ltd. | 334,000 | 453 |
98 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Elan Microelectronics Corp. | 94,400 | 446 | |
Highwealth Construction Corp. | 306,394 | 445 | |
FLEXium Interconnect Inc. | 106,154 | 433 | |
Taichung Commercial Bank Co. Ltd. | 1,126,642 | 428 | |
Lien Hwa Industrial Holdings Corp. | 304,685 | 426 | |
Goldsun Building Materials Co. Ltd. | 462,137 | 424 | |
IBF Financial Holdings Co. Ltd. | 1,028,526 | 423 | |
Chipbond Technology Corp. | 189,000 | 414 | |
King Yuan Electronics Co. Ltd. | 394,000 | 414 | |
Qisda Corp. | 628,000 | 411 | |
International Games System Co. Ltd. | 15,000 | 395 | |
Makalot Industrial Co. Ltd. | 59,447 | 394 | |
Gigabyte Technology Co. Ltd. | 155,000 | 390 | |
Nan Kang Rubber Tire Co. Ltd. | 268,493 | 390 | |
* | United Renewable Energy Co. Ltd. | 733,596 | 389 |
TA Chen Stainless Pipe | 503,396 | 386 | |
Formosa Taffeta Co. Ltd. | 352,000 | 385 | |
momo.com Inc. | 16,000 | 383 | |
* | Epistar Corp. | 325,044 | 382 |
Eternal Materials Co. Ltd. | 321,919 | 379 | |
Standard Foods Corp. | 168,400 | 360 | |
Nan Ya Printed Circuit Board Corp. | 89,000 | 360 | |
Lotes Co. Ltd. | 23,198 | 355 | |
Ruentex Industries Ltd. | 151,960 | 352 | |
Great Wall Enterprise Co. Ltd. | 221,501 | 349 | |
United Integrated Services Co. Ltd. | 50,200 | 349 | |
Cheng Loong Corp. | 293,000 | 348 | |
TXC Corp. | 127,000 | 343 | |
* | Microbio Co. Ltd. | 132,000 | 335 |
Far Eastern Department Stores Ltd. | 405,115 | 335 | |
Far Eastern International Bank | 908,955 | 329 | |
Wan Hai Lines Ltd. | 336,000 | 308 | |
Tong Hsing Electronic Industries Ltd. | 69,000 | 305 | |
Taiwan Surface Mounting Technology Corp. | 92,250 | 304 | |
Eva Airways Corp. | 803,817 | 304 | |
Mitac Holdings Corp. | 306,589 | 303 | |
Taiwan Secom Co. Ltd. | 97,675 | 300 | |
Merry Electronics Co. Ltd. | 59,798 | 295 | |
Jentech Precision Industrial Co. Ltd. | 28,000 | 292 | |
CTCI Corp. | 214,000 | 291 | |
Tung Ho Steel Enterprise Corp. | 273,000 | 289 | |
Taiwan Union Technology Corp. | 86,000 | 287 | |
* | China Airlines Ltd. | 935,000 | 286 |
TCI Co. Ltd. | 35,022 | 280 | |
* | Taiwan Glass Industry Corp. | 636,842 | 280 |
* | HTC Corp. | 275,491 | 277 |
YFY Inc. | 403,000 | 274 | |
* | Yulon Motor Co. Ltd. | 217,430 | 271 |
China Petrochemical Development Corp. | 865,567 | 259 | |
Bizlink Holding Inc. | 33,616 | 258 | |
Capital Securities Corp. | 667,220 | 255 | |
Alchip Technologies Ltd. | 14,882 | 253 | |
Nantex Industry Co. Ltd. | 93,000 | 251 | |
General Interface Solution Holding Ltd. | 63,000 | 251 | |
Grape King Bio Ltd. | 43,000 | 250 | |
* | HannStar Display Corp. | 775,265 | 249 |
Run Long Construction Co. Ltd. | 111,600 | 247 | |
* | Asia Pacific Telecom Co. Ltd. | 748,508 | 246 |
Global Unichip Corp. | 27,000 | 245 | |
* | Gold Circuit Electronics Ltd. | 159,000 | 245 |
Wistron NeWeb Corp. | 92,400 | 244 | |
* | Adimmune Corp. | 115,485 | 236 |
Kinsus Interconnect Technology Corp. | 96,000 | 233 | |
* | Century Iron & Steel Industrial Co. Ltd. | 51,000 | 232 |
99 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Cheng Uei Precision Industry Co. Ltd. | 164,000 | 232 | |
Jih Sun Financial Holdings Co. Ltd. | 630,849 | 232 | |
Fusheng Precision Co. Ltd. | 36,000 | 227 | |
Advanced Ceramic X Corp. | 18,000 | 226 | |
AP Memory Technology Corp. | 21,350 | 226 | |
Tong Yang Industry Co. Ltd. | 170,000 | 224 | |
Center Laboratories Inc. | 100,731 | 224 | |
* | XinTec Inc. | 53,000 | 223 |
International CSRC Investment Holdings Co. | 323,447 | 222 | |
King Slide Works Co. Ltd. | 22,000 | 222 | |
* | Lealea Enterprise Co. Ltd. | 470,000 | 217 |
Taiwan Hon Chuan Enterprise Co. Ltd. | 105,772 | 216 | |
* | TaiMed Biologics Inc. | 69,000 | 216 |
Chilisin Electronics Corp. | 58,325 | 216 | |
Ardentec Corp. | 181,903 | 213 | |
Shin Zu Shing Co. Ltd. | 42,691 | 212 | |
Asia Vital Components Co. Ltd. | 90,000 | 212 | |
Ennoconn Corp. | 26,664 | 211 | |
Hota Industrial Manufacturing Co. Ltd. | 67,936 | 209 | |
* | TPK Holding Co. Ltd. | 117,958 | 208 |
Taiwan Cogeneration Corp. | 155,000 | 206 | |
Sonix Technology Co. Ltd. | 88,000 | 205 | |
Transcend Information Inc. | 92,000 | 205 | |
Yulon Finance Corp. | 60,500 | 205 | |
* | Grand Pacific Petrochemical | 257,000 | 205 |
Test Research Inc. | 105,000 | 204 | |
Topco Scientific Co. Ltd. | 50,047 | 201 | |
LandMark Optoelectronics Corp. | 21,600 | 200 | |
* | Yang Ming Marine Transport Corp. | 495,030 | 199 |
Solar Applied Materials Technology Co. | 132,000 | 198 | |
Getac Technology Corp. | 120,000 | 198 | |
Huaku Development Co. Ltd. | 65,000 | 197 | |
Test Rite International Co. Ltd. | 224,000 | 197 | |
Sercomm Corp. | 76,000 | 195 | |
Greatek Electronics Inc. | 112,000 | 195 | |
Taiwan Paiho Ltd. | 77,000 | 192 | |
* | PharmaEssentia Corp. | 67,648 | 190 |
Aten International Co. Ltd. | 65,000 | 187 | |
ChipMOS Technologies Inc. | 188,682 | 186 | |
Arcadyan Technology Corp. | 53,099 | 186 | |
Clevo Co. | 182,628 | 185 | |
Visual Photonics Epitaxy Co. Ltd. | 65,250 | 184 | |
Charoen Pokphand Enterprise | 75,000 | 180 | |
Chung-Hsin Electric & Machinery Manufacturing Corp. | 107,000 | 180 | |
Kindom Development Co. Ltd. | 147,000 | 179 | |
WT Microelectronics Co. Ltd. | 138,986 | 179 | |
Global Mixed Mode Technology Inc. | 34,000 | 178 | |
Wafer Works Corp. | 156,436 | 174 | |
* | Bioteque Corp. | 36,000 | 173 |
Cub Elecparts Inc. | 31,044 | 172 | |
Chong Hong Construction Co. Ltd. | 61,152 | 170 | |
* | Apex International Co. Ltd. | 65,000 | 169 |
Sanyang Motor Co. Ltd. | 214,000 | 169 | |
Nan Pao Resins Chemical Co. Ltd. | 34,000 | 168 | |
Advanced Wireless Semiconductor Co. | 48,437 | 167 | |
* | RichWave Technology Corp. | 20,000 | 166 |
Sampo Corp. | 205,600 | 166 | |
Everlight Electronics Co. Ltd. | 125,000 | 166 | |
Chunghwa Precision Test Tech Co. Ltd. | 7,000 | 166 | |
* | China Motor Corp. | 104,800 | 163 |
AURAS Technology Co. Ltd. | 21,000 | 161 | |
Pan Jit International Inc. | 127,800 | 161 | |
Formosa International Hotels Corp. | 36,058 | 161 | |
Pixart Imaging Inc. | 27,000 | 161 |
100 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | OBI Pharma Inc. | 41,014 | 161 |
Shinkong Synthetic Fibers Corp. | 396,000 | 161 | |
Brighton-Best International Taiwan Inc. | 179,000 | 160 | |
* | Hotai Finance Co. Ltd. | 57,000 | 157 |
TSRC Corp. | 220,925 | 157 | |
UPC Technology Corp. | 344,265 | 157 | |
Holy Stone Enterprise Co. Ltd. | 44,200 | 156 | |
Taiwan FamilyMart Co. Ltd. | 17,000 | 155 | |
Unitech Printed Circuit Board Corp. | 210,120 | 155 | |
TaiDoc Technology Corp. | 19,000 | 154 | |
China Steel Chemical Corp. | 48,000 | 154 | |
* | Universal Vision Biotechnology Co. Ltd. | 17,000 | 153 |
Prince Housing & Development Corp. | 412,050 | 152 | |
TTY Biopharm Co. Ltd. | 56,541 | 151 | |
Casetek Holdings Ltd. | 49,877 | 151 | |
Kinpo Electronics | 405,000 | 149 | |
Cleanaway Co. Ltd. | 27,000 | 149 | |
Tainan Spinning Co. Ltd. | 345,543 | 149 | |
Posiflex Technology Inc. | 54,169 | 149 | |
Holtek Semiconductor Inc. | 60,000 | 148 | |
Zeng Hsing Industrial Co. Ltd. | 31,000 | 148 | |
Chicony Power Technology Co. Ltd. | 63,000 | 147 | |
Egis Technology Inc. | 27,000 | 147 | |
Syncmold Enterprise Corp. | 48,750 | 146 | |
* | China Man-Made Fiber Corp. | 496,733 | 145 |
Gudeng Precision Industrial Co. Ltd. | 16,000 | 145 | |
BES Engineering Corp. | 560,000 | 144 | |
* | Lite-On Semiconductor Corp. | 97,000 | 143 |
* | Motech Industries Inc. | 108,133 | 142 |
Soft-World International Corp. | 50,000 | 142 | |
Sunonwealth Electric Machine Industry Co. Ltd. | 69,000 | 141 | |
USI Corp. | 222,645 | 138 | |
Chlitina Holding Ltd. | 22,400 | 137 | |
Career Technology MFG. Co. Ltd. | 134,522 | 136 | |
Oriental Union Chemical Corp. | 236,000 | 135 | |
* | Ton Yi Industrial Corp. | 389,000 | 135 |
China General Plastics Corp. | 176,091 | 135 | |
Sporton International Inc. | 16,802 | 134 | |
Sunny Friend Environmental Technology Co. Ltd. | 18,000 | 133 | |
ScinoPharm Taiwan Ltd. | 133,245 | 132 | |
Asia Optical Co. Inc. | 59,000 | 131 | |
Primax Electronics Ltd. | 84,000 | 131 | |
Radium Life Tech Co. Ltd. | 352,440 | 130 | |
Nan Liu Enterprise Co. Ltd. | 16,000 | 130 | |
Coretronic Corp. | 107,400 | 129 | |
* | AmTRAN Technology Co. Ltd. | 359,000 | 128 |
St. Shine Optical Co. Ltd. | 14,000 | 127 | |
Longchen Paper & Packaging Co. Ltd. | 221,941 | 125 | |
Acter Group Corp. Ltd. | 19,000 | 125 | |
Wowprime Corp. | 47,665 | 125 | |
Lung Yen Life Service Corp. | 67,000 | 124 | |
* | Via Technologies Inc. | 94,000 | 123 |
U-Ming Marine Transport Corp. | 121,000 | 123 | |
YungShin Global Holding Corp. | 81,400 | 122 | |
Hannstar Board Corp. | 89,059 | 122 | |
* | Mercuries Life Insurance Co. Ltd. | 410,156 | 122 |
Swancor Holding Co. Ltd. | 22,000 | 122 | |
Taiwan Semiconductor Co. Ltd. | 77,000 | 121 | |
Rexon Industrial Corp. Ltd. | 43,000 | 121 | |
Dynapack International Technology Corp. | 43,000 | 120 | |
* | Federal Corp. | 170,612 | 119 |
Sitronix Technology Corp. | 27,000 | 119 | |
Tyntek Corp. | 194,000 | 119 | |
Cathay Real Estate Development Co. Ltd. | 178,200 | 119 |
101 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Sigurd Microelectronics Corp. | 89,781 | 119 | |
Taiwan PCB Techvest Co. Ltd. | 83,000 | 118 | |
China Metal Products | 101,000 | 118 | |
KEE TAI Properties Co. Ltd. | 348,000 | 117 | |
Taiwan Sakura Corp. | 68,000 | 117 | |
* | D-Link Corp. | 184,212 | 117 |
AcBel Polytech Inc. | 126,000 | 115 | |
Mercuries & Associates Holding Ltd. | 158,321 | 115 | |
Foxsemicon Integrated Technology Inc. | 18,900 | 115 | |
Taiyen Biotech Co. Ltd. | 100,000 | 114 | |
Senao International Co. Ltd. | 114,000 | 114 | |
Wisdom Marine Lines Co. Ltd. | 151,196 | 112 | |
Faraday Technology Corp. | 76,800 | 112 | |
Topkey Corp. | 21,000 | 112 | |
President Securities Corp. | 216,799 | 112 | |
Silicon Integrated Systems Corp. | 283,561 | 111 | |
Chin-Poon Industrial Co. Ltd. | 105,000 | 111 | |
* | Lotus Pharmaceutical Co. Ltd. | 39,000 | 109 |
* | Yieh Phui Enterprise Co. Ltd. | 305,136 | 108 |
Farglory Land Development Co. Ltd. | 70,000 | 108 | |
CMC Magnetics Corp. | 386,080 | 107 | |
Taiwan Styrene Monomer | 190,450 | 107 | |
Nichidenbo Corp. | 68,000 | 107 | |
Darfon Electronics Corp. | 77,000 | 107 | |
Wei Chuan Foods Corp. | 152,000 | 106 | |
Chaun-Choung Technology Corp. | 13,000 | 105 | |
Fulgent Sun International Holding Co. Ltd. | 25,029 | 105 | |
* | Lingsen Precision Industries Ltd. | 278,000 | 104 |
SDI Corp. | 49,000 | 104 | |
Sinyi Realty Inc. | 103,358 | 103 | |
Gourmet Master Co. Ltd. | 28,245 | 103 | |
Ginko International Co. Ltd. | 23,100 | 103 | |
Machvision Inc. | 10,404 | 103 | |
* | Medigen Vaccine Biologics Corp. | 35,000 | 103 |
Formosa Sumco Technology Corp. | 26,000 | 103 | |
Firich Enterprises Co. Ltd. | 115,127 | 103 | |
Systex Corp. | 36,000 | 102 | |
Infortrend Technology Inc. | 242,000 | 102 | |
FocalTech Systems Co. Ltd. | 56,656 | 102 | |
* | AGV Products Corp. | 390,440 | 101 |
* | Gigastorage Corp. | 111,064 | 100 |
* | Taiwan TEA Corp. | 174,000 | 100 |
Gemtek Technology Corp. | 102,000 | 99 | |
* | Medigen Biotechnology Corp. | 49,000 | 98 |
FSP Technology Inc. | 84,000 | 98 | |
Alpha Networks Inc. | 107,772 | 97 | |
Elite Semiconductor Microelectronics Technology Inc. | 66,000 | 97 | |
* | Kuo Toong International Co. Ltd. | 127,374 | 96 |
Namchow Holdings Co. Ltd. | 64,000 | 96 | |
Supreme Electronics Co. Ltd. | 90,000 | 95 | |
* | KMC Kuei Meng International Inc. | 13,000 | 94 |
* | Ho Tung Chemical Corp. | 251,141 | 93 |
Kung Long Batteries Industrial Co. Ltd. | 19,000 | 91 | |
Innodisk Corp. | 17,340 | 91 | |
ITE Technology Inc. | 37,000 | 89 | |
A-DATA Technology Co. Ltd. | 46,190 | 89 | |
* | Unizyx Holding Corp. | 112,000 | 88 |
Xxentria Technology Materials Corp. | 44,000 | 88 | |
Chia Hsin Cement Corp. | 159,000 | 87 | |
* | Savior Lifetec Corp. | 77,000 | 86 |
Yulon Nissan Motor Co. Ltd. | 10,000 | 86 | |
Hsin Kuang Steel Co. Ltd. | 78,000 | 86 | |
Asia Polymer Corp. | 128,977 | 86 | |
Wah Lee Industrial Corp. | 38,000 | 85 |
102 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Shining Building Business Co. Ltd. | 237,915 | 85 |
Sunplus Technology Co. Ltd. | 171,000 | 84 | |
Flytech Technology Co. Ltd. | 39,853 | 84 | |
YC INOX Co. Ltd. | 103,000 | 83 | |
Evergreen International Storage & Transport Corp. | 160,000 | 81 | |
Rechi Precision Co. Ltd. | 120,000 | 81 | |
* | Phihong Technology Co. Ltd. | 193,000 | 79 |
* | Lextar Electronics Corp. | 125,000 | 79 |
Ta Ya Electric Wire & Cable | 111,280 | 78 | |
Hung Sheng Construction Ltd. | 128,640 | 77 | |
* | Chief Telecom Inc. | 6,000 | 77 |
PChome Online Inc. | 22,587 | 76 | |
Everlight Chemical Industrial Corp. | 131,240 | 75 | |
Quanta Storage Inc. | 59,000 | 75 | |
Huang Hsiang Construction Corp. | 55,000 | 75 | |
Depo Auto Parts Ind Co. Ltd. | 45,000 | 74 | |
Kinik Co. | 36,000 | 74 | |
* | Ritek Corp. | 202,258 | 74 |
TA-I Technology Co. Ltd. | 30,750 | 73 | |
* | OptoTech Corp. | 91,312 | 72 |
Rich Development Co. Ltd. | 208,000 | 72 | |
Taiflex Scientific Co. Ltd. | 40,800 | 72 | |
Formosan Rubber Group Inc. | 99,890 | 70 | |
HannsTouch Solution Inc. | 200,133 | 70 | |
* | Dynamic Electronics Co. Ltd. | 106,215 | 69 |
Concraft Holding Co. Ltd. | 22,512 | 68 | |
* | Fittech Co. Ltd. | 14,000 | 68 |
* | Taigen Biopharmaceuticals Holdings Ltd. | 77,872 | 68 |
* | ALI Corp. | 66,811 | 68 |
Gloria Material Technology Corp. | 125,000 | 67 | |
Elite Advanced Laser Corp. | 30,412 | 67 | |
* | Roo Hsing Co. Ltd. | 168,000 | 67 |
Hu Lane Associate Inc. | 23,575 | 66 | |
* | Li Peng Enterprise Co. Ltd. | 240,600 | 66 |
China Chemical & Pharmaceutical Co. Ltd. | 82,000 | 65 | |
* | Speed Tech Corp. | 19,000 | 64 |
Adlink Technology Inc. | 27,584 | 64 | |
Vivotek Inc. | 25,000 | 63 | |
* | Taiwan Land Development Corp. | 243,731 | 63 |
Hong Pu Real Estate Development Co. Ltd. | 75,000 | 62 | |
L&K Engineering Co. Ltd. | 65,000 | 59 | |
WUS Printed Circuit Co. Ltd. | 56,457 | 58 | |
* | GeneReach Biotechnology Corp. | 11,000 | 56 |
Altek Corp. | 61,600 | 55 | |
* | Darwin Precisions Corp. | 142,000 | 55 |
*,§ | Unity Opto Technology Co. Ltd. | 378,000 | 54 |
Ichia Technologies Inc. | 87,000 | 54 | |
* | Bank of Kaohsiung Co. Ltd. | 152,859 | 54 |
CyberTAN Technology Inc. | 109,000 | 53 | |
* | CSBC Corp. Taiwan | 61,678 | 53 |
* | Tung Thih Electronic Co. Ltd. | 12,000 | 52 |
Weltrend Semiconductor | 48,599 | 52 | |
^ | Global Brands Manufacture Ltd. | 67,000 | 51 |
Yeong Guan Energy Technology Group Co. Ltd. | 15,639 | 50 | |
IEI Integration Corp. | 32,605 | 50 | |
* | Chung Hwa Pulp Corp. | 152,421 | 49 |
Johnson Health Tech Co. Ltd. | 21,105 | 49 | |
Pan-International Industrial Corp. | 80,000 | 48 | |
Sincere Navigation Corp. | 95,790 | 48 | |
Orient Semiconductor Electronics Ltd. | 120,605 | 47 | |
Iron Force Industrial Co. Ltd. | 17,000 | 47 | |
* | Newmax Technology Co. Ltd. | 33,000 | 45 |
Advanced International Multitech Co. Ltd. | 32,000 | 43 | |
* | Elitegroup Computer Systems Co. Ltd. | 73,000 | 43 |
103 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Jess-Link Products Co. Ltd. | 35,750 | 42 | |
CHC Healthcare Group | 31,268 | 41 | |
Gigasolar Materials Corp. | 6,400 | 40 | |
Basso Industry Corp. | 29,200 | 39 | |
Cyberlink Corp. | 11,000 | 39 | |
TYC Brother Industrial Co. Ltd. | 53,000 | 38 | |
Toung Loong Textile Manufacturing | 44,000 | 38 | |
* | Etron Technology Inc. | 63,525 | 37 |
Tong-Tai Machine & Tool Co. Ltd. | 74,560 | 37 | |
Sheng Yu Steel Co. Ltd. | 56,000 | 36 | |
Globe Union Industrial Corp. | 65,000 | 35 | |
PharmaEngine Inc. | 17,038 | 33 | |
Ability Enterprise Co. Ltd. | 69,000 | 31 | |
* | Nien Hsing Textile Co. Ltd. | 54,945 | 31 |
China Electric Manufacturing Corp. | 81,360 | 31 | |
* | Zinwell Corp. | 43,000 | 27 |
Li Cheng Enterprise Co. Ltd. | 28,407 | 27 | |
§ | Pharmally International Holding Co. Ltd. | 10,673 | 21 |
Brogent Technologies Inc. | 5,529 | 19 | |
*,§ | Pihsiang Machinery Manufacturing Co. Ltd. | 38,000 | — |
*,§ | XPEC Entertainment Inc. | 21,468 | — |
367,483 | |||
Thailand (0.3%) | |||
PTT PCL (Foreign) | 4,954,780 | 4,924 | |
CP ALL PCL (Foreign) | 1,871,000 | 3,221 | |
Airports of Thailand PCL (Foreign) | 1,800,750 | 2,986 | |
Advanced Info Service PCL (Foreign) | 394,600 | 2,183 | |
Bangkok Dusit Medical Services PCL | 3,451,300 | 1,937 | |
Siam Cement PCL NVDR | 162,800 | 1,764 | |
Siam Cement PCL (Foreign) | 139,306 | 1,510 | |
Siam Commercial Bank PCL (Foreign) | 704,100 | 1,466 | |
Bangkok Bank PCL NVDR (Foreign) | 435,248 | 1,348 | |
Gulf Energy Development PCL | 1,367,080 | 1,250 | |
PTT Exploration & Production PCL (Foreign) | 472,581 | 1,194 | |
Charoen Pokphand Foods PCL (Foreign) | 1,443,300 | 1,168 | |
Kasikornbank PCL (Foreign) | 470,383 | 1,149 | |
Central Pattana PCL | 870,200 | 1,075 | |
Home Product Center PCL | 2,077,498 | 929 | |
Delta Electronics Thailand PCL | 160,100 | 919 | |
PTT Global Chemical PCL | 702,415 | 900 | |
* | Minor International PCL (Foreign) | 1,537,516 | 823 |
Central Retail Corp. PCL (Foreign) | 961,000 | 821 | |
Bangkok Expressway & Metro PCL | 3,038,257 | 798 | |
Digital Telecommunications Infrastructure Fund | 1,759,917 | 717 | |
Krungthai Card PCL | 530,800 | 672 | |
Intouch Holdings PCL (Foreign) | 391,355 | 671 | |
Energy Absolute PCL | 538,100 | 656 | |
Intouch Holdings PCL NVDR | 374,996 | 643 | |
BTS Group Holdings PCL (Foreign) | 2,221,011 | 634 | |
Electricity Generating PCL (Foreign) | 93,100 | 495 | |
Com7 PCL | 354,700 | 465 | |
* | Bangkok Commercial Asset Management PCL | 710,700 | 460 |
Thai Union Frozen Products PCL (Foreign) | 939,080 | 458 | |
Banpu PCL | 2,048,328 | 430 | |
Krung Thai Bank PCL (Foreign) | 1,531,475 | 425 | |
TMB Bank PCL | 15,949,469 | 414 | |
Kasikornbank PCL NVDR | 168,076 | 410 | |
Jasmine Broadband Internet Infrastructure Fund | 1,323,700 | 401 | |
Thai Oil PCL (Foreign) | 360,100 | 396 | |
Indorama Ventures PCL | 551,300 | 390 | |
Osotspa PCL | 378,100 | 388 | |
Bumrungrad Hospital PCL (Foreign) | 130,600 | 381 | |
Muangthai Capital PCL | 216,700 | 380 | |
^ | Sri Trang Agro-Industry PCL | 331,096 | 379 |
104 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
CPN Retail Growth Leasehold REIT | 630,200 | 368 | |
Ratchaburi Electricity Generating Holding PCL (Foreign) | 244,400 | 365 | |
Berli Jucker PCL | 384,984 | 355 | |
Quality Houses PCL | 5,285,283 | 352 | |
KCE Electronics PCL | 259,200 | 324 | |
Global Power Synergy PCL | 192,693 | 320 | |
Land & Houses PCL | 1,482,900 | 304 | |
Hana Microelectronics PCL (Foreign) | 209,600 | 302 | |
B Grimm Power PCL | 235,500 | 296 | |
Srisawad Corp. PCL | 186,405 | 296 | |
True Corp. PCL | 3,256,454 | 284 | |
Carabao Group PCL | 77,400 | 272 | |
Asset World Corp. PCL | 2,704,000 | 253 | |
Tisco Financial Group PCL (Foreign) | 111,400 | 253 | |
Kiatnakin Phatra Bank PCL | 197,100 | 250 | |
TQM Corp. PCL | 61,800 | 234 | |
IRPC PCL (Foreign) | 3,602,700 | 233 | |
Siam Global House PCL | 456,156 | 232 | |
Siam Commercial Bank PCL | 111,400 | 232 | |
Thailand Future Fund | 754,400 | 227 | |
Thai Vegetable Oil PCL | 206,400 | 225 | |
Thanachart Capital PCL (Foreign) | 247,100 | 218 | |
Frasers Property Thailand Industrial Freehold & Leasehold REIT | 527,880 | 215 | |
Siam Makro PCL | 160,100 | 204 | |
Total Access Communication PCL (Foreign) | 204,100 | 201 | |
BTS Group Holdings PCL | 672,000 | 192 | |
Supalai PCL | 380,600 | 192 | |
Tisco Financial Group PCL NVDR | 83,500 | 189 | |
Chularat Hospital PCL | 2,340,180 | 189 | |
WHA Corp. PCL | 2,428,602 | 185 | |
TPI Polene PCL | 4,173,300 | 185 | |
Asian Property Development PCL (Foreign) | 921,500 | 185 | |
Krung Thai Bank PCL NVDR | 633,000 | 175 | |
Bangchak Corp. PCL | 377,100 | 175 | |
Land & Houses PCL (Foreign) | 850,100 | 174 | |
Mega Lifesciences PCL (Foreign) | 153,800 | 171 | |
TOA Paint Thailand PCL | 164,400 | 170 | |
TTW PCL | 437,300 | 163 | |
North Bangkok Power Plant Block 1 Infrastructure Fund - EGAT | 425,900 | 161 | |
CK Power PCL | 1,193,545 | 158 | |
WHA Premium Growth Freehold & Leasehold Real Estate Investment Trust | 375,900 | 153 | |
* | Central Plaza Hotel PCL | 239,500 | 151 |
AEON Thana Sinsap Thailand PCL | 36,100 | 150 | |
^ | CH Karnchang PCL | 302,700 | 145 |
Vgi Pcl | 750,950 | 144 | |
Bangkok Land PCL | 4,444,600 | 138 | |
Pruksa Holding PCL | 423,000 | 133 | |
BTS Rail Mass Transit Growth Infrastructure Fund | 846,100 | 132 | |
Bangkok Chain Hospital PCL | 297,200 | 131 | |
Tipco Asphalt PCL | 257,200 | 125 | |
^ | Sino-Thai Engineering & Construction PCL | 376,100 | 122 |
Siam City Cement PCL (Foreign) | 27,700 | 105 | |
^ | Jasmine International PCL | 1,256,900 | 104 |
Super Energy Corp. PCL | 3,838,700 | 102 | |
TPI Polene Power PCL | 688,700 | 93 | |
Banpu Power PCL | 215,100 | 92 | |
MK Restaurants Group PCL | 62,900 | 92 | |
Bangkok Life Assurance PCL NVDR | 157,940 | 91 | |
Amata Corp. PCL | 243,149 | 91 | |
§ | Pruksa Real Estate PCL | 210,700 | 91 |
Major Cineplex Group PCL | 203,500 | 84 | |
Thaifoods Group PCL | 649,700 | 84 | |
Star Petroleum Refining PCL | 484,700 | 82 | |
Origin Property PCL | 389,400 | 82 |
105 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Gunkul Engineering PCL | 1,185,099 | 77 | |
JMT Network Services PCL (Foreign) | 69,700 | 77 | |
Spcg PCL | 120,600 | 77 | |
Ratchthani Leasing PCL | 670,500 | 75 | |
Bangkok Airways PCL | 457,000 | 73 | |
IMPACT Growth REIT | 130,000 | 73 | |
Sansiri PCL (Foreign) | 3,900,900 | 73 | |
Bcpg PCL | 191,300 | 71 | |
PTG Energy PCL | 114,600 | 70 | |
*,^ | Esso Thailand PCL | 357,200 | 69 |
Mbk PCL | 185,300 | 64 | |
* | BEC World PCL (Foreign) | 406,500 | 60 |
Gfpt PCL | 164,000 | 60 | |
Samart Corp. PCL | 365,500 | 57 | |
Thonburi Healthcare Group PCL | 93,700 | 54 | |
Thaicom PCL | 303,900 | 54 | |
* | U City PCL | 1,520,425 | 53 |
Ratchaburi Electricity Generating Holding PCL NVDR | 35,300 | 53 | |
Unique Engineering & Construction PCL | 382,500 | 50 | |
Plan B Media PCL | 280,300 | 49 | |
* | Italian-Thai Development PCL | 1,562,400 | 45 |
Taokaenoi Food & Marketing PCL | 123,500 | 44 | |
Bangkok Bank PCL NVDR | 13,350 | 41 | |
^ | Thoresen Thai Agencies PCL | 443,252 | 39 |
LPN Development PCL | 284,600 | 35 | |
Thanachart Capital PCL NVDR | 38,600 | 34 | |
* | Precious Shipping PCL | 188,100 | 29 |
* | Thai Airways International PCL (Foreign) | 300,774 | 28 |
Workpoint Entertainment PCL | 82,500 | 26 | |
* | SCG Packaging PCL | 22,945 | 26 |
Univentures PCL | 246,900 | 18 | |
Beauty Community PCL | 369,400 | 15 | |
* | Minor International PCL Warrants Exp. 07/31/2023 | 64,414 | 13 |
Bangkok Life Assurance PCL (Foreign) | 16,500 | 10 | |
*,^ | Group Lease PCL | 155,959 | 9 |
* | BTS Group Holdings PCL Warrants Exp. 12/31/2021 | 194,321 | 3 |
* | MBK PCL Warrants Exp. 12/31/2023 | 7,412 | 2 |
* | BTS Group Holdings PCL NVDR Warrants Exp. 12/31/2021 | 67,200 | 1 |
* | Minor International PCL Warrants Exp. 12/31/2021 | 58,699 | — |
* | Vibhavadi Medical Center PCL Warrants Exp. 05/09/2022 | 79,130 | — |
* | Samart Corp. PCL Warrants Exp. 05/08/2021 | 42,966 | — |
56,533 | |||
Turkey (0.1%) | |||
BIM Birlesik Magazalar AS | 155,585 | 1,230 | |
* | Turkcell Iletisim Hizmetleri AS | 384,589 | 666 |
* | Turkiye Garanti Bankasi AS | 758,844 | 599 |
Eregli Demir ve Celik Fabrikalari TAS | 486,692 | 557 | |
* | Akbank T.A.S. | 947,165 | 537 |
KOC Holding AS | 306,458 | 519 | |
Aselsan Elektronik Sanayi Ve Ticaret AS | 196,426 | 392 | |
Turkiye Sise ve Cam Fabrikalari AS | 514,031 | 375 | |
* | Tupras Turkiye Petrol Rafinerileri AS | 40,858 | 365 |
Ford Otomotiv Sanayi AS | 26,710 | 346 | |
Haci Omer Sabanci Holding AS (Bearer) | 333,446 | 328 | |
* | Turkiye Is Bankasi AS | 495,971 | 303 |
Enka Insaat ve Sanayi AS | 283,192 | 245 | |
* | Turk Hava Yollari AO | 203,001 | 218 |
* | Arcelik AS | 59,514 | 191 |
* | Turkiye Vakiflar Bankasi TAO | 386,738 | 176 |
* | Koza Altin Isletmeleri AS | 19,560 | 173 |
* | Turkiye Sinai Kalkinma Bankasi AS | 560,984 | 171 |
* | Petkim Petrokimya Holding AS | 341,998 | 167 |
* | Bera Holding AS | 146,243 | 157 |
106 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Ulker Biskuvi Sanayi AS | 62,695 | 151 |
Emlak Konut Gayrimenkul Yatirim Ortakligi AS | 733,255 | 150 | |
* | Gubre Fabrikalari TAS | 36,375 | 145 |
Coca-Cola Icecek AS | 26,410 | 142 | |
* | Turkiye Halk Bankasi AS | 242,994 | 136 |
Anadolu Efes Biracilik Ve Malt Sanayii AS | 57,339 | 133 | |
* | Yapi ve Kredi Bankasi AS | 514,749 | 132 |
1 | Enerjisa Enerji AS | 116,815 | 126 |
Turk Telekomunikasyon AS | 160,573 | 123 | |
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS | 331,341 | 123 | |
* | Oyak Cimento Fabrikalari AS | 136,787 | 120 |
Tofas Turk Otomobil Fabrikasi AS | 37,311 | 119 | |
Tekfen Holding AS | 74,320 | 117 | |
Dogan Sirketler Grubu Holding AS | 389,279 | 113 | |
* | Sok Marketler Ticaret AS | 80,871 | 109 |
TAV Havalimanlari Holding AS | 63,555 | 105 | |
* | Zorlu Enerji Elektrik Uretim AS | 328,267 | 97 |
* | Sasa Polyester Sanayi AS | 52,573 | 96 |
* | Koza Anadolu Metal Madencilik Isletmeleri AS | 59,315 | 86 |
Tat Gida Sanayi AS | 67,624 | 82 | |
*,1 | Mavi Giyim Sanayi Ve Ticaret AS | 18,167 | 82 |
Iskenderun Demir ve Celik AS | 77,436 | 69 | |
* | AG Anadolu Grubu Holding AS | 31,736 | 66 |
* | Logo Yazilim Sanayi Ve Ticaret AS | 4,988 | 55 |
* | Pegasus Hava Tasimaciligi AS | 11,507 | 55 |
Aksigorta AS | 61,914 | 52 | |
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class A | 81,746 | 51 | |
EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS | 60,942 | 48 | |
* | Ipek Dogal Enerji Kaynaklari Arastirma Ve Uretim AS | 35,502 | 46 |
* | Sekerbank Turk AS | 205,730 | 45 |
EGE Endustri VE Ticaret AS | 387 | 42 | |
* | Aksa Enerji Uretim AS Class B | 54,329 | 40 |
* | Vestel Elektronik Sanayi ve Ticaret AS | 20,037 | 40 |
* | NET Holding AS | 95,198 | 36 |
Otokar Otomotiv Ve Savunma Sanayi A.S. | 1,491 | 32 | |
Alarko Holding AS | 41,515 | 31 | |
* | Migros Ticaret AS | 6,467 | 29 |
* | Hektas Ticaret TAS | 18,620 | 27 |
*,1 | MLP Saglik Hizmetleri AS | 13,316 | 25 |
* | Is Gayrimenkul Yatirim Ortakligi AS | 91,844 | 21 |
Aksa Akrilik Kimya Sanayii AS | 20,723 | 20 | |
* | Yatas Yatak ve Yorgan Sanayi ve Ticaret AS | 16,291 | 17 |
Kordsa Teknik Tekstil AS | 12,974 | 17 | |
Aygaz AS | 12,065 | 15 | |
Dogus Otomotiv Servis ve Ticaret AS | 7,386 | 15 | |
* | Cimsa Cimento Sanayi VE Ticaret AS | 8,065 | 12 |
* | Torunlar Gayrimenkul Yatirim Ortakligi AS | 26,089 | 11 |
* | Albaraka Turk Katilim Bankasi AS | 48,631 | 9 |
*,§ | Asya Katilim Bankasi AS | 147,465 | — |
11,128 | |||
United Arab Emirates (0.1%) | |||
First Abu Dhabi Bank PJSC | 1,554,959 | 4,792 | |
Emirates Telecommunications Group Co. PJSC | 626,067 | 2,868 | |
Emirates NBD Bank PJSC | 882,494 | 2,262 | |
§ | Abu Dhabi Commercial Bank PJSC | 945,908 | 1,505 |
Aldar Properties PJSC | 1,341,019 | 990 | |
* | Emaar Properties PJSC | 1,236,633 | 886 |
Dubai Islamic Bank PJSC | 635,648 | 719 | |
Abu Dhabi Islamic Bank PJSC | 507,413 | 597 | |
* | Emaar Malls PJSC | 604,573 | 241 |
Air Arabia PJSC | 763,896 | 227 | |
Dana Gas PJSC | 1,186,473 | 218 | |
Dubai Investments PJSC | 659,013 | 202 | |
* | Emaar Development PJSC | 270,876 | 167 |
107 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | DAMAC Properties Dubai Co. PJSC | 473,801 | 139 |
GFH Financial Group BSC | 887,933 | 134 | |
Orascom Construction plc (DIFX) | 21,054 | 108 | |
* | Union Properties PJSC | 1,323,013 | 101 |
Dubai Financial Market PJSC | 426,230 | 96 | |
RAK Properties PJSC | 603,454 | 63 | |
*,§ | Arabtec Holding PJSC | 245,437 | 36 |
* | Deyaar Development PJSC | 361,379 | 27 |
*,§ | Drake & Scull International PJSC | 114,862 | 12 |
16,390 | |||
United Kingdom (3.7%) | |||
AstraZeneca plc | 464,323 | 46,621 | |
* | HSBC Holdings plc | 7,210,933 | 30,218 |
GlaxoSmithKline plc | 1,749,631 | 29,216 | |
Diageo plc | 807,700 | 26,103 | |
British American Tobacco plc | 696,096 | 22,063 | |
Unilever plc | 383,427 | 21,851 | |
Rio Tinto plc | 382,313 | 21,624 | |
Reckitt Benckiser Group plc | 221,995 | 19,555 | |
Royal Dutch Shell plc Class A | 1,441,389 | 18,132 | |
BP plc | 6,982,586 | 17,810 | |
Royal Dutch Shell plc Class B | 1,315,282 | 15,862 | |
National Grid plc | 1,241,369 | 14,767 | |
BHP Group plc | 732,448 | 14,189 | |
RELX plc | 657,555 | 13,012 | |
Vodafone Group plc | 9,478,088 | 12,644 | |
London Stock Exchange Group plc | 111,280 | 11,996 | |
Experian plc | 319,388 | 11,700 | |
Prudential plc | 918,165 | 11,230 | |
Anglo American plc | 437,567 | 10,267 | |
CRH plc (XLON) | 274,927 | 9,648 | |
Tesco plc | 3,415,803 | 9,091 | |
* | Lloyds Banking Group plc | 24,911,085 | 9,070 |
Compass Group plc | 634,407 | 8,684 | |
* | Barclays plc | 6,085,174 | 8,435 |
* | Ferguson plc | 79,714 | 7,917 |
* | Glencore plc | 3,856,814 | 7,780 |
* | Flutter Entertainment plc | 41,822 | 7,246 |
SSE plc | 368,297 | 6,040 | |
BAE Systems plc | 1,137,623 | 5,848 | |
Ashtead Group plc | 160,970 | 5,817 | |
Smith & Nephew plc | 309,748 | 5,379 | |
Imperial Brands plc | 333,831 | 5,284 | |
* | Ocado Group plc | 171,316 | 5,052 |
Legal & General Group plc | 2,104,129 | 5,045 | |
Segro plc | 426,456 | 4,983 | |
Aviva plc | 1,377,857 | 4,596 | |
* | Rentokil Initial plc | 659,438 | 4,490 |
3i Group plc | 342,874 | 4,282 | |
* | Standard Chartered plc | 915,873 | 4,185 |
Intertek Group plc | 57,947 | 4,174 | |
Halma plc | 135,910 | 4,171 | |
BT Group plc | 3,098,139 | 4,069 | |
Spirax-Sarco Engineering plc | 26,280 | 3,842 | |
Bunzl plc | 119,027 | 3,700 | |
Next plc | 45,957 | 3,471 | |
Croda International plc | 44,335 | 3,465 | |
Persimmon plc | 114,234 | 3,459 | |
British American Tobacco plc ADR | 106,973 | 3,410 | |
WPP plc | 422,895 | 3,378 | |
*,1 | Just Eat Takeaway.com NV (XLON) | 30,452 | 3,373 |
* | InterContinental Hotels Group plc | 65,226 | 3,314 |
Smurfit Kappa Group plc | 87,111 | 3,287 | |
Sage Group plc | 390,479 | 3,213 |
108 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Informa plc | 540,963 | 2,935 |
Mondi plc (XLON) | 146,218 | 2,771 | |
Associated British Foods plc | 125,972 | 2,770 | |
* | Kingfisher plc | 744,166 | 2,768 |
Severn Trent plc | 84,692 | 2,665 | |
United Utilities Group plc | 238,295 | 2,664 | |
* | Melrose Industries plc | 1,711,065 | 2,654 |
* | GVC Holdings plc | 206,241 | 2,584 |
Admiral Group plc | 71,983 | 2,564 | |
Burberry Group plc | 146,005 | 2,564 | |
1 | Auto Trader Group plc | 338,907 | 2,548 |
* | Natwest Group plc | 1,573,038 | 2,536 |
* | Rightmove plc | 313,238 | 2,507 |
Polymetal International plc | 117,898 | 2,506 | |
Smiths Group plc | 143,705 | 2,476 | |
Standard Life Aberdeen plc | 812,347 | 2,367 | |
DCC plc | 35,348 | 2,297 | |
* | Barratt Developments plc | 365,416 | 2,284 |
St. James's Place plc | 194,296 | 2,264 | |
Berkeley Group Holdings plc | 42,315 | 2,225 | |
Hargreaves Lansdown plc | 126,405 | 2,219 | |
* | RSA Insurance Group plc | 370,635 | 2,035 |
Hikma Pharmaceuticals plc | 62,537 | 2,033 | |
Whitbread plc | 72,381 | 2,015 | |
Pennon Group plc | 150,298 | 1,934 | |
Johnson Matthey plc | 68,971 | 1,920 | |
B&M European Value Retail SA | 301,592 | 1,893 | |
* | Taylor Wimpey plc | 1,286,019 | 1,762 |
M&G plc | 922,133 | 1,754 | |
Pearson plc | 262,528 | 1,735 | |
* | Weir Group plc | 90,953 | 1,690 |
Land Securities Group plc | 254,145 | 1,677 | |
Antofagasta plc | 124,952 | 1,666 | |
* | Howden Joinery Group plc | 200,992 | 1,659 |
* | DS Smith plc | 449,558 | 1,649 |
Direct Line Insurance Group plc | 482,253 | 1,648 | |
Dechra Pharmaceuticals plc | 36,158 | 1,636 | |
Wm Morrison Supermarkets plc | 772,656 | 1,631 | |
Phoenix Group Holdings plc | 188,828 | 1,622 | |
Coca-Cola HBC AG | 70,828 | 1,609 | |
J Sainsbury plc | 570,230 | 1,488 | |
Intermediate Capital Group plc | 97,894 | 1,487 | |
Games Workshop Group plc | 11,014 | 1,481 | |
British Land Co. plc | 323,919 | 1,463 | |
JD Sports Fashion plc | 151,504 | 1,458 | |
Electrocomponents plc | 163,188 | 1,433 | |
* | G4S plc | 538,162 | 1,419 |
HomeServe plc | 98,614 | 1,413 | |
Schroders plc | 40,081 | 1,358 | |
IMI plc | 99,375 | 1,333 | |
Tate & Lyle plc | 172,410 | 1,329 | |
Bellway plc | 43,509 | 1,316 | |
Spectris plc | 40,852 | 1,311 | |
1 | ConvaTec Group plc | 560,057 | 1,311 |
IG Group Holdings plc | 132,199 | 1,305 | |
* | Hiscox Ltd. | 121,413 | 1,298 |
* | William Hill plc | 364,676 | 1,295 |
* | ITV plc | 1,374,840 | 1,285 |
* | UNITE Group plc | 118,834 | 1,282 |
AVEVA Group plc | 22,968 | 1,275 | |
Derwent London plc | 36,472 | 1,256 | |
Genus plc | 23,029 | 1,224 | |
* | Travis Perkins plc | 88,946 | 1,222 |
Tritax Big Box REIT plc | 595,786 | 1,209 |
109 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
1 | Avast plc | 196,631 | 1,208 |
Diploma plc | 40,732 | 1,173 | |
Rotork plc | 306,374 | 1,116 | |
* | Rolls-Royce Holdings plc Rights Exp. 11/11/2020 | 2,049,583 | 1,036 |
1 | Quilter plc | 642,767 | 1,021 |
Fresnillo plc | 67,422 | 1,017 | |
* | Meggitt plc | 281,596 | 998 |
* | Centrica plc | 2,029,350 | 977 |
Evraz plc | 203,435 | 947 | |
* | Renishaw plc | 12,719 | 923 |
Britvic plc | 96,181 | 919 | |
Royal Mail plc | 305,430 | 899 | |
* | Inchcape plc | 137,905 | 885 |
UDG Healthcare plc | 91,251 | 858 | |
Assura plc | 864,495 | 853 | |
Signature Aviation plc | 278,599 | 853 | |
1 | Countryside Properties plc | 194,307 | 849 |
Grainger plc | 233,095 | 844 | |
Future plc | 32,661 | 840 | |
Marks & Spencer Group plc | 710,831 | 819 | |
* | IWG plc | 246,197 | 808 |
Spirent Communications plc | 212,636 | 798 | |
LondonMetric Property plc | 282,523 | 790 | |
Primary Health Properties plc | 416,551 | 777 | |
Pets at Home Group plc | 154,199 | 774 | |
Beazley plc | 201,995 | 770 | |
Cranswick plc | 18,305 | 763 | |
Safestore Holdings plc | 73,111 | 761 | |
* | Hays plc | 546,352 | 754 |
Big Yellow Group plc | 52,830 | 753 | |
Man Group PLC | 538,956 | 752 | |
Ashmore Group plc | 160,700 | 744 | |
Computacenter plc | 24,714 | 730 | |
Plus500 Ltd. | 37,933 | 727 | |
Victrex plc | 30,132 | 720 | |
Domino's Pizza Group plc | 166,462 | 715 | |
* | Balfour Beatty plc | 253,932 | 702 |
Lancashire Holdings Ltd. | 83,714 | 691 | |
Close Brothers Group plc | 48,881 | 682 | |
* | Serco Group plc | 399,905 | 668 |
* | Grafton Group plc | 75,158 | 653 |
IntegraFin Holdings plc | 101,662 | 640 | |
1 | John Laing Group plc | 175,131 | 639 |
Softcat plc | 43,471 | 634 | |
Great Portland Estates plc | 84,474 | 632 | |
QinetiQ Group plc | 204,383 | 626 | |
* | Marshalls plc | 70,537 | 611 |
* | John Wood Group plc | 221,236 | 607 |
Centamin plc | 374,696 | 603 | |
Moneysupermarket.com Group plc | 189,375 | 598 | |
KAZ Minerals plc | 72,293 | 590 | |
Ultra Electronics Holdings plc | 24,141 | 589 | |
*,1 | Trainline plc | 162,422 | 579 |
WH Smith plc | 44,114 | 570 | |
*,^ | Rolls-Royce Holdings plc | 614,875 | 569 |
Synthomer plc | 115,016 | 562 | |
AJ Bell plc | 101,680 | 555 | |
Bodycote plc | 65,682 | 554 | |
* | Dunelm Group plc | 32,610 | 551 |
Mediclinic International plc | 150,351 | 551 | |
*,1 | Wizz Air Holdings plc | 13,236 | 548 |
* | Greggs plc | 32,270 | 539 |
* | Savills plc | 49,738 | 536 |
^ | TUI AG (XLON) | 134,390 | 528 |
110 |
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Carnival plc | 46,522 | 526 | |
Jupiter Fund Management plc | 173,949 | 524 | |
TP ICAP plc | 208,549 | 516 | |
Drax Group plc | 132,998 | 509 | |
*,1 | Ascential plc | 140,989 | 505 |
* | Vistry Group plc | 71,386 | 504 |
easyJet plc | 76,774 | 503 | |
Avon Rubber plc | 9,861 | 502 | |
* | OneSavings Bank plc | 124,592 | 497 |
* | Virgin Money UK plc | 402,359 | 488 |
International Consolidated Airlines Group SA (London Shares) | 386,336 | 483 | |
* | Playtech plc | 109,303 | 482 |
* | Pagegroup plc | 103,701 | 480 |
Aggreko plc | 83,973 | 479 | |
* | AO World plc | 101,244 | 475 |
^ | Shaftesbury plc | 77,044 | 454 |
SSP Group plc | 186,322 | 451 | |
Dixons Carphone plc | 349,075 | 435 | |
*,1 | Network International Holdings plc | 148,412 | 426 |
Daily Mail & General Trust plc | 46,995 | 411 | |
* | Redrow plc | 76,131 | 411 |
Gamesys Group plc | 27,243 | 410 | |
Hill & Smith Holdings plc | 26,108 | 406 | |
* | Coats Group plc | 539,113 | 397 |
Euromoney Institutional Investor plc | 37,112 | 396 | |
Sanne Group plc | 49,375 | 388 | |
FDM Group Holdings plc | 29,864 | 386 | |
* | National Express Group plc | 197,287 | 383 |
* | Indivior plc | 267,105 | 382 |
* | Oxford Instruments plc | 18,514 | 381 |
Rathbone Brothers plc | 20,222 | 381 | |
* | Cairn Energy plc | 208,236 | 374 |
Workspace Group plc | 46,453 | 371 | |
* | Polypipe Group plc | 61,015 | 363 |
* | Petropavlovsk plc | 1,043,841 | 362 |
Chemring Group plc | 106,091 | 359 | |
1 | Hastings Group Holdings plc | 111,051 | 359 |
Investec plc | 189,978 | 354 | |
Vesuvius plc | 67,578 | 350 | |
Paragon Banking Group plc | 88,196 | 338 | |
TalkTalk Telecom Group plc | 261,942 | 326 | |
888 Holdings plc | 92,993 | 323 | |
*,1 | McCarthy & Stone plc | 210,289 | 320 |
* | Frasers Group plc | 65,786 | 319 |
* | J D Wetherspoon plc | 28,006 | 313 |
Telecom Plus plc | 18,074 | 311 | |
Sirius Real Estate Ltd. | 326,711 | 311 | |
* | Provident Financial plc | 103,065 | 310 |
Capital & Counties Properties plc | 226,702 | 307 | |
* | Ninety One plc | 113,220 | 304 |
1 | Airtel Africa plc | 370,714 | 296 |
* | Essentra plc | 92,683 | 296 |
^ | Hammerson plc | 1,392,698 | 294 |
*,1 | Ibstock plc | 141,222 | 294 |
* | Morgan Advanced Materials plc | 90,162 | 292 |
RHI Magnesita NV | 8,705 | 289 | |
St. Modwen Properties plc | 66,972 | 288 | |
* | Hochschild Mining plc | 100,415 | 286 |
Brewin Dolphin Holdings plc | 88,737 | 279 | |
Kainos Group plc | 17,140 | 275 | |
* | Energean plc | 39,728 | 267 |
* | Crest Nicholson Holdings plc | 87,547 | 249 |
Babcock International Group plc | 88,053 | 248 | |
* | Vectura Group plc | 184,594 | 246 |
111
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Clarkson plc | 8,722 | 227 | |
* | Firstgroup plc | 417,622 | 222 |
*,1 | Watches of Switzerland Group plc | 42,519 | 218 |
* | Just Group plc | 378,442 | 207 |
Ferrexpo plc | 82,626 | 204 | |
NCC Group plc | 85,424 | 203 | |
PZ Cussons plc | 67,221 | 202 | |
1 | CMC Markets plc | 46,417 | 202 |
* | Elementis plc | 200,961 | 194 |
UK Commercial Property REIT Ltd. | 218,091 | 193 | |
Greencore Group plc | 154,579 | 181 | |
*,1 | TI Fluid Systems plc | 72,665 | 181 |
* | Micro Focus International plc | 62,824 | 176 |
GoCo Group plc | 141,061 | 176 | |
* | Capita plc | 537,023 | 172 |
Keller Group plc | 25,893 | 170 | |
* | AG Barr plc | 27,387 | 167 |
Halfords Group plc | 52,209 | 163 | |
Mitie Group plc | 444,812 | 162 | |
BMO Commercial Property Trust Ltd. | 200,959 | 160 | |
* | Mitchells & Butlers plc | 76,747 | 156 |
* | Bank of Georgia Group plc | 12,960 | 151 |
*,^,1 | Aston Martin Lagonda Global Holdings plc | 212,730 | 150 |
Picton Property Income Ltd. | 183,531 | 148 | |
Redde Northgate plc | 63,989 | 147 | |
Devro plc | 73,913 | 145 | |
Helical plc | 30,240 | 133 | |
*,^ | Petrofac Ltd. | 86,220 | 133 |
*,1 | Equiniti Group plc | 97,712 | 131 |
Marston's plc | 206,584 | 129 | |
1 | Spire Healthcare Group plc | 79,883 | 123 |
* | TBC Bank Group plc | 10,275 | 122 |
^ | Cineworld Group plc | 319,003 | 118 |
*,^ | Tullow Oil plc | 432,575 | 114 |
* | Calisen plc | 48,275 | 107 |
* | Senior plc | 149,147 | 106 |
Redefine International plc | 88,852 | 102 | |
* | Go-Ahead Group plc | 12,255 | 93 |
Hunting plc | 50,312 | 91 | |
* | Restaurant Group plc | 173,208 | 91 |
* | SIG plc | 283,997 | 88 |
Stagecoach Group plc | 168,866 | 83 | |
Rank Group plc | 60,828 | 71 | |
*,1 | Funding Circle Holdings plc | 42,016 | 43 |
*,^ | Premier Oil plc | 285,905 | 42 |
*,1 | Bakkavor Group plc | 46,001 | 35 |
1 | Alfa Financial Software Holdings plc | 18,397 | 32 |
Saga plc | 15,977 | 29 | |
*,§,1 | Finablr plc | 58,416 | 8 |
* | Shaftesbury plc Rights Exp. 11/11/2020 | 9,298 | 7 |
*,^,§ | Intu Properties plc | 184,897 | 4 |
*,^,§ | Afren plc | 141,140 | — |
*,§ | Carillion plc | 88,745 | — |
*,§ | NMC Health plc | 26,225 | — |
745,979 | |||
United States (56.9%) | |||
Basic Materials (1.2%) | |||
Linde plc | 185,772 | 40,933 | |
Air Products & Chemicals Inc. | 77,913 | 21,523 | |
Ecolab Inc. | 87,890 | 16,136 | |
DuPont de Nemours Inc. | 260,102 | 14,795 | |
Dow Inc. | 262,830 | 11,956 | |
Newmont Corp. (XNYS) | 186,183 | 11,700 | |
Freeport-McMoRan Inc. | 518,441 | 8,990 |
112
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
Fastenal Co. | 201,965 | 8,731 | |
LyondellBasell Industries NV Class A | 90,791 | 6,215 | |
Newmont Corp. (XTSE) | 98,329 | 6,173 | |
International Paper Co. | 139,181 | 6,089 | |
Nucor Corp. | 107,984 | 5,157 | |
Celanese Corp. Class A | 42,381 | 4,811 | |
FMC Corp. | 46,000 | 4,726 | |
Avery Dennison Corp. | 30,004 | 4,152 | |
Eastman Chemical Co. | 48,795 | 3,944 | |
International Flavors & Fragrances Inc. | 38,227 | 3,924 | |
Albemarle Corp. | 38,374 | 3,577 | |
Royal Gold Inc. | 23,004 | 2,733 | |
Reliance Steel & Aluminum Co. | 23,242 | 2,533 | |
Mosaic Co. | 122,526 | 2,267 | |
Steel Dynamics Inc. | 70,996 | 2,235 | |
CF Industries Holdings Inc. | 77,538 | 2,141 | |
Scotts Miracle-Gro Co. | 14,017 | 2,103 | |
Huntsman Corp. | 70,312 | 1,708 | |
Southern Copper Corp. | 28,349 | 1,484 | |
Ashland Global Holdings Inc. | 20,595 | 1,437 | |
Rexnord Corp. | 42,018 | 1,348 | |
Timken Co. | 22,257 | 1,329 | |
Valvoline Inc. | 64,433 | 1,267 | |
Balchem Corp. | 11,606 | 1,160 | |
Chemours Co. | 54,364 | 1,095 | |
Cleveland-Cliffs Inc. | 130,373 | 1,079 | |
UFP Industries Inc. | 21,331 | 1,065 | |
Avient Corp. | 33,621 | 1,045 | |
* | RBC Bearings Inc. | 8,741 | 1,041 |
Hexcel Corp. | 29,261 | 980 | |
* | Univar Solutions Inc. | 56,417 | 936 |
Sensient Technologies Corp. | 14,200 | 929 | |
W R Grace & Co. | 20,943 | 911 | |
Commercial Metals Co. | 43,553 | 899 | |
Stepan Co. | 7,696 | 896 | |
NewMarket Corp. | 2,495 | 892 | |
Quaker Chemical Corp. | 4,600 | 878 | |
* | Element Solutions Inc. | 73,448 | 861 |
Hecla Mining Co. | 187,548 | 859 | |
Westlake Chemical Corp. | 12,443 | 841 | |
* | Alcoa Corp. | 64,008 | 827 |
Olin Corp. | 49,593 | 821 | |
* | Arconic Corp. | 35,119 | 763 |
* | Ingevity Corp. | 13,839 | 759 |
Cabot Corp. | 18,800 | 714 | |
Worthington Industries Inc. | 14,341 | 706 | |
United States Steel Corp. | 71,595 | 692 | |
Minerals Technologies Inc. | 12,500 | 684 | |
Compass Minerals International Inc. | 11,000 | 664 | |
* | Coeur Mining Inc. | 82,242 | 581 |
Mueller Industries Inc. | 19,420 | 562 | |
Innospec Inc. | 8,314 | 550 | |
Boise Cascade Co. | 14,100 | 541 | |
Gerdau SA ADR | 122,721 | 467 | |
Domtar Corp. | 18,962 | 453 | |
Trinseo SA | 13,218 | 421 | |
Materion Corp. | 7,432 | 380 | |
* | Constellium SE Class A | 42,700 | 376 |
* | GCP Applied Technologies Inc. | 16,995 | 371 |
Schweitzer-Mauduit International Inc. | 10,778 | 358 | |
* | Kraton Corp. | 11,698 | 331 |
Kaiser Aluminum Corp. | 5,053 | 318 | |
Tronox Holdings plc Class A | 30,810 | 301 | |
Carpenter Technology Corp. | 16,691 | 292 |
113
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
Orion Engineered Carbons SA | 19,528 | 286 | |
Neenah Inc. | 5,900 | 222 | |
GrafTech International Ltd. | 18,200 | 123 | |
* | Century Aluminum Co. | 14,500 | 95 |
^ | Nexa Resources SA | 11,400 | 69 |
*,§ | Ferroglobe Representation & Warranty | 10,400 | — |
236,211 | |||
Consumer Discretionary (9.3%) | |||
* | Amazon.com Inc. | 149,822 | 454,882 |
* | Tesla Inc. | 261,150 | 101,337 |
Home Depot Inc. | 379,010 | 101,086 | |
Walt Disney Co. | 637,778 | 77,331 | |
* | Netflix Inc. | 150,105 | 71,411 |
Walmart Inc. | 492,039 | 68,270 | |
McDonald's Corp. | 262,087 | 55,824 | |
Costco Wholesale Corp. | 155,562 | 55,632 | |
NIKE Inc. Class B | 427,676 | 51,355 | |
Lowe's Cos. Inc. | 265,877 | 42,035 | |
Starbucks Corp. | 411,270 | 35,764 | |
Target Corp. | 176,305 | 26,837 | |
* | Booking Holdings Inc. | 14,424 | 23,403 |
TJX Cos. Inc. | 424,155 | 21,547 | |
Activision Blizzard Inc. | 268,539 | 20,336 | |
* | MercadoLibre Inc. | 16,231 | 19,705 |
Dollar General Corp. | 88,490 | 18,469 | |
Estee Lauder Cos. Inc. Class A | 78,264 | 17,191 | |
* | Uber Technologies Inc. | 486,277 | 16,246 |
General Motors Co. | 442,900 | 15,293 | |
* | Lululemon Athletica Inc. | 40,173 | 12,827 |
* | Electronic Arts Inc. | 100,883 | 12,089 |
* | Chipotle Mexican Grill Inc. Class A | 9,849 | 11,833 |
* | O'Reilly Automotive Inc. | 25,858 | 11,290 |
eBay Inc. | 235,944 | 11,238 | |
* | Spotify Technology SA | 46,485 | 11,151 |
Ford Motor Co. | 1,387,933 | 10,729 | |
Ross Stores Inc. | 123,726 | 10,538 | |
Yum! Brands Inc. | 105,984 | 9,891 | |
* | AutoZone Inc. | 8,239 | 9,302 |
Aptiv plc | 95,083 | 9,175 | |
Best Buy Co. Inc. | 80,821 | 9,016 | |
Marriott International Inc. Class A | 95,273 | 8,849 | |
Hilton Worldwide Holdings Inc. | 96,856 | 8,505 | |
* | Trade Desk Inc. Class A | 14,633 | 8,289 |
Yum China Holdings Inc. | 150,695 | 8,021 | |
* | Copart Inc. | 72,187 | 7,967 |
DR Horton Inc. | 117,000 | 7,817 | |
VF Corp. | 113,590 | 7,633 | |
* | Dollar Tree Inc. | 82,967 | 7,494 |
Lennar Corp. Class A | 95,760 | 6,725 | |
* | Take-Two Interactive Software Inc. | 39,825 | 6,170 |
* | Wayfair Inc. | 23,306 | 5,781 |
Las Vegas Sands Corp. | 117,742 | 5,659 | |
Tiffany & Co. | 42,814 | 5,602 | |
ViacomCBS Inc. Class B | 193,247 | 5,521 | |
Garmin Ltd. | 52,614 | 5,473 | |
Tractor Supply Co. | 40,985 | 5,460 | |
Domino's Pizza Inc. | 13,795 | 5,219 | |
* | Etsy Inc. | 41,640 | 5,063 |
* | CarMax Inc. | 57,726 | 4,990 |
Pool Corp. | 13,906 | 4,865 | |
* | NVR Inc. | 1,184 | 4,680 |
* | Burlington Stores Inc. | 23,360 | 4,522 |
Genuine Parts Co. | 49,616 | 4,487 | |
Expedia Group Inc. | 47,596 | 4,481 |
114
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
Darden Restaurants Inc. | 47,012 | 4,321 | |
Whirlpool Corp. | 21,806 | 4,033 | |
Fortune Brands Home & Security Inc. | 49,607 | 4,012 | |
* | Ulta Beauty Inc. | 19,182 | 3,966 |
PulteGroup Inc. | 95,992 | 3,913 | |
* | Peloton Interactive Inc. Class A | 34,529 | 3,805 |
Hasbro Inc. | 45,127 | 3,733 | |
Omnicom Group Inc. | 76,198 | 3,597 | |
* | Carvana Co. Class A | 19,247 | 3,567 |
Advance Auto Parts Inc. | 23,714 | 3,493 | |
Royal Caribbean Cruises Ltd. | 61,894 | 3,492 | |
MGM Resorts International | 167,507 | 3,446 | |
* | LKQ Corp. | 107,281 | 3,432 |
* | Bright Horizons Family Solutions Inc. | 21,167 | 3,345 |
Fox Corp. Class A | 126,145 | 3,345 | |
Vail Resorts Inc. | 14,261 | 3,309 | |
* | Chegg Inc. | 42,781 | 3,142 |
BorgWarner Inc. | 86,268 | 3,018 | |
Rollins Inc. | 52,124 | 3,015 | |
Dunkin' Brands Group Inc. | 29,278 | 2,919 | |
Service Corp. International | 62,525 | 2,896 | |
* | Penn National Gaming Inc. | 53,464 | 2,886 |
* | Zynga Inc. Class A | 314,265 | 2,825 |
* | IAA Inc. | 47,674 | 2,698 |
L Brands Inc. | 82,066 | 2,627 | |
Interpublic Group of Cos. Inc. | 143,266 | 2,592 | |
* | Caesars Entertainment Inc. | 57,579 | 2,581 |
* | Five Below Inc. | 19,092 | 2,546 |
Lear Corp. | 21,062 | 2,544 | |
Williams-Sonoma Inc. | 27,716 | 2,528 | |
Wynn Resorts Ltd. | 34,836 | 2,523 | |
* | Deckers Outdoor Corp. | 9,782 | 2,478 |
* | Live Nation Entertainment Inc. | 50,640 | 2,471 |
* | Floor & Decor Holdings Inc. Class A | 33,577 | 2,451 |
Gentex Corp. | 86,683 | 2,398 | |
Autoliv Inc. | 31,566 | 2,393 | |
Sirius XM Holdings Inc. | 416,475 | 2,386 | |
Newell Brands Inc. | 133,272 | 2,354 | |
* | Discovery Communications Inc. Class C | 126,910 | 2,325 |
New York Times Co. Class A | 58,570 | 2,323 | |
Carnival Corp. | 167,774 | 2,300 | |
* | Farfetch Ltd. Class A | 79,454 | 2,235 |
Tapestry Inc. | 100,241 | 2,228 | |
Aramark | 79,684 | 2,210 | |
* | Terminix Global Holdings Inc. | 46,492 | 2,189 |
* | Liberty Media Corp-Liberty SiriusXM Class C | 63,083 | 2,183 |
* | Mohawk Industries Inc. | 20,424 | 2,108 |
Southwest Airlines Co. | 52,975 | 2,094 | |
* | Liberty Media Corp-Liberty Formula One Class C | 57,243 | 2,068 |
Churchill Downs Inc. | 13,685 | 2,041 | |
Lithia Motors Inc. Class A | 8,845 | 2,031 | |
Leggett & Platt Inc. | 47,870 | 1,998 | |
Hanesbrands Inc. | 121,869 | 1,958 | |
* | Lyft Inc. Class A | 85,119 | 1,943 |
* | Rh | 5,776 | 1,936 |
* | SiteOne Landscape Supply Inc. | 15,999 | 1,912 |
Polaris Inc. | 20,427 | 1,856 | |
* | BJ's Wholesale Club Holdings Inc. | 47,848 | 1,832 |
Delta Air Lines Inc. | 57,361 | 1,758 | |
Harley-Davidson Inc. | 52,456 | 1,725 | |
Toll Brothers Inc. | 40,696 | 1,721 | |
* | Mattel Inc. | 123,791 | 1,705 |
Nielsen Holdings plc | 125,199 | 1,691 | |
Thor Industries Inc. | 19,786 | 1,673 |
115
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
News Corp. Class A | 127,398 | 1,673 | |
* | Planet Fitness Inc. Class A | 28,172 | 1,670 |
* | Skechers USA Inc. Class A | 51,560 | 1,635 |
* | Ollie's Bargain Outlet Holdings Inc. | 18,588 | 1,619 |
Texas Roadhouse Inc. Class A | 22,964 | 1,608 | |
*,^ | Norwegian Cruise Line Holdings Ltd. | 95,834 | 1,594 |
Dolby Laboratories Inc. Class A | 21,118 | 1,586 | |
Wyndham Hotels & Resorts Inc. | 33,011 | 1,535 | |
* | Tempur Sealy International Inc. | 16,607 | 1,478 |
PVH Corp. | 24,694 | 1,439 | |
Fox Corp. Class B | 53,022 | 1,386 | |
Wendy's Co. | 62,926 | 1,375 | |
* | YETI Holdings Inc. | 27,700 | 1,371 |
Foot Locker Inc. | 36,368 | 1,341 | |
Marriott Vacations Worldwide Corp. | 13,870 | 1,340 | |
Nexstar Media Group Inc. Class A | 15,982 | 1,317 | |
* | Stamps.com Inc. | 5,871 | 1,311 |
* | Grand Canyon Education Inc. | 16,159 | 1,266 |
Aaron's Holdings Co. Inc. | 24,054 | 1,257 | |
Gap Inc. | 64,145 | 1,248 | |
* | Fox Factory Holding Corp. | 14,653 | 1,232 |
* | Crocs Inc. | 23,424 | 1,226 |
Carter's Inc. | 15,004 | 1,222 | |
Wingstop Inc. | 10,346 | 1,204 | |
Dick's Sporting Goods Inc. | 21,212 | 1,202 | |
* | frontdoor Inc. | 30,282 | 1,200 |
Kohl's Corp. | 55,810 | 1,188 | |
* | National Vision Holdings Inc. | 29,417 | 1,186 |
Ralph Lauren Corp. Class A | 17,672 | 1,181 | |
* | Murphy USA Inc. | 9,633 | 1,178 |
H&R Block Inc. | 67,627 | 1,167 | |
* | AutoNation Inc. | 20,274 | 1,150 |
* | Meritage Homes Corp. | 12,996 | 1,132 |
Amerco | 3,176 | 1,103 | |
* | Under Armour Inc. Class C | 87,993 | 1,076 |
Choice Hotels International Inc. | 12,217 | 1,067 | |
* | Liberty Media Corp-Liberty SiriusXM Class A | 29,912 | 1,034 |
* | Capri Holdings Ltd. | 48,300 | 1,025 |
WillScot Mobile Mini Holdings Corp. Class A | 53,923 | 1,002 | |
* | Discovery Inc. Class A | 47,888 | 969 |
Wyndham Destinations Inc. | 29,526 | 963 | |
* | Madison Square Garden Sport Corp. Class A | 6,721 | 952 |
* | Taylor Morrison Home Corp. Class A | 43,893 | 948 |
KB Home | 29,234 | 943 | |
Qurate Retail Group Inc. QVC Group Class A | 137,460 | 931 | |
LCI Industries | 8,380 | 919 | |
Cracker Barrel Old Country Store Inc. | 7,969 | 907 | |
* | United Airlines Holdings Inc. | 26,475 | 896 |
TEGNA Inc. | 72,924 | 877 | |
Papa John's International Inc. | 11,306 | 866 | |
Boyd Gaming Corp. | 27,100 | 860 | |
* | Visteon Corp. | 9,500 | 852 |
Bed Bath & Beyond Inc. | 42,600 | 843 | |
* | Dorman Products Inc. | 9,359 | 835 |
* | 2U Inc. | 22,656 | 835 |
* | LGI Homes Inc. | 7,785 | 832 |
* | Shake Shack Inc. Class A | 12,251 | 827 |
* | Liberty Media Corp-Liberty Formula One Class A | 24,042 | 801 |
* | Under Armour Inc. Class A | 55,537 | 769 |
* | iRobot Corp. | 9,634 | 767 |
MDC Holdings Inc. | 17,359 | 755 | |
American Eagle Outfitters Inc. | 54,694 | 750 | |
Columbia Sportswear Co. | 9,900 | 738 | |
* | TRI Pointe Group Inc. | 43,000 | 706 |
116
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
Wolverine World Wide Inc. | 26,392 | 704 | |
Strategic Education Inc. | 8,453 | 702 | |
Dana Inc. | 49,978 | 699 | |
Brinker International Inc. | 15,904 | 692 | |
TripAdvisor Inc. | 36,068 | 689 | |
Steven Madden Ltd. | 28,695 | 689 | |
News Corp. Class B | 52,508 | 684 | |
Big Lots Inc. | 14,278 | 680 | |
Hyatt Hotels Corp. Class A | 12,288 | 678 | |
Extended Stay America Inc. | 58,959 | 669 | |
* | Asbury Automotive Group Inc. | 6,400 | 659 |
KAR Auction Services Inc. | 45,104 | 657 | |
Group 1 Automotive Inc. | 6,100 | 647 | |
Jack in the Box Inc. | 8,019 | 642 | |
Goodyear Tire & Rubber Co. | 77,291 | 640 | |
^ | Macy's Inc. | 102,928 | 639 |
* | Scientific Games Corp. | 19,498 | 622 |
* | Adient plc | 29,018 | 616 |
World Wrestling Entertainment Inc. Class A | 16,875 | 614 | |
* | Hilton Grand Vacations Inc. | 29,366 | 605 |
Sabre Corp. | 91,977 | 600 | |
Cooper Tire & Rubber Co. | 17,400 | 598 | |
Graham Holdings Co. Class B | 1,565 | 595 | |
* | Sleep Number Corp. | 9,335 | 591 |
* | Avis Budget Group Inc. | 17,482 | 589 |
Herman Miller Inc. | 19,075 | 581 | |
Kontoor Brands Inc. | 17,463 | 574 | |
Penske Automotive Group Inc. | 11,200 | 573 | |
Six Flags Entertainment Corp. | 25,950 | 561 | |
PriceSmart Inc. | 8,000 | 552 | |
* | Fitbit Inc. Class A | 77,300 | 544 |
*,^ | Veoneer Inc. | 35,329 | 543 |
* | Gentherm Inc. | 11,700 | 542 |
Winnebago Industries Inc. | 11,521 | 541 | |
Rent-A-Center Inc. | 17,400 | 538 | |
* | Central Garden & Pet Co. Class A | 14,953 | 529 |
* | Afya Ltd. Class A | 21,716 | 521 |
* | Cavco Industries Inc. | 3,000 | 516 |
* | Urban Outfitters Inc. | 23,017 | 514 |
Rush Enterprises Inc. Class A | 14,250 | 511 | |
* | Laureate Education Inc. Class A | 39,147 | 509 |
^ | American Airlines Group Inc. | 43,803 | 494 |
La-Z-Boy Inc. | 14,400 | 493 | |
Callaway Golf Co. | 31,563 | 489 | |
Red Rock Resorts Inc. Class A | 25,354 | 485 | |
^ | Nordstrom Inc. | 38,343 | 464 |
HNI Corp. | 14,216 | 463 | |
John Wiley & Sons Inc. Class A | 14,600 | 452 | |
Monro Inc. | 10,600 | 446 | |
Cheesecake Factory Inc. | 14,900 | 443 | |
* | Madison Square Garden Entertainment Corp. Class A | 6,721 | 437 |
* | Adtalem Global Education Inc. | 18,282 | 428 |
Signet Jewelers Ltd. | 19,100 | 426 | |
Bloomin' Brands Inc. | 28,935 | 404 | |
* | Gray Television Inc. | 31,375 | 398 |
Alaska Air Group Inc. | 10,336 | 392 | |
* | Knowles Corp. | 26,973 | 384 |
Sinclair Broadcast Group Inc. Class A | 20,243 | 376 | |
* | SeaWorld Entertainment Inc. | 17,000 | 374 |
Acushnet Holdings Corp. | 10,700 | 365 | |
* | Sally Beauty Holdings Inc. | 43,100 | 361 |
Sturm Ruger & Co. Inc. | 5,200 | 348 | |
ODP Corp. | 17,146 | 334 | |
Cinemark Holdings Inc. | 40,773 | 334 |
117
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
Steelcase Inc. Class A | 30,400 | 317 | |
* | WW International Inc. | 14,914 | 316 |
Abercrombie & Fitch Co. | 22,080 | 314 | |
Coty Inc. Class A | 107,321 | 311 | |
*,^ | AMC Networks Inc. Class A | 13,734 | 292 |
* | MakeMyTrip Ltd. | 15,521 | 291 |
Dine Brands Global Inc. | 5,500 | 283 | |
Lennar Corp. Class B | 4,965 | 282 | |
Dave & Buster's Entertainment Inc. | 16,229 | 278 | |
International Game Technology plc | 33,128 | 272 | |
* | JetBlue Airways Corp. | 22,312 | 267 |
Buckle Inc. | 10,800 | 259 | |
Matthews International Corp. Class A | 11,719 | 256 | |
* | Michaels Cos. Inc. | 31,512 | 256 |
* | American Axle & Manufacturing Holdings Inc. | 34,943 | 235 |
Inter Parfums Inc. | 5,600 | 230 | |
* | Liberty Media Corp-Liberty Braves Class C | 11,018 | 226 |
* | G-III Apparel Group Ltd. | 16,670 | 225 |
Allegiant Travel Co. Class A | 1,626 | 219 | |
* | IMAX Corp. | 18,800 | 217 |
Scholastic Corp. | 10,900 | 215 | |
Knoll Inc. | 18,400 | 211 | |
Guess? Inc. | 17,200 | 203 | |
Oxford Industries Inc. | 4,900 | 202 | |
* | Lions Gate Entertainment Corp. Class A | 29,135 | 195 |
* | Lions Gate Entertainment Corp. Class B | 26,185 | 164 |
National Presto Industries Inc. | 1,924 | 160 | |
EW Scripps Co. Class A | 16,888 | 153 | |
Copa Holdings SA Class A | 2,965 | 146 | |
Meredith Corp. | 12,200 | 134 | |
Children's Place Inc. | 5,000 | 126 | |
SkyWest Inc. | 4,085 | 119 | |
* | Spirit Airlines Inc. | 5,300 | 93 |
* | Liberty Media Corp-Liberty Braves Class A | 2,716 | 56 |
1,855,556 | |||
Consumer Staples (3.1%) | |||
Procter & Gamble Co. | 860,371 | 117,957 | |
Coca-Cola Co. | 1,362,550 | 65,484 | |
PepsiCo Inc. | 489,264 | 65,214 | |
Philip Morris International Inc. | 549,718 | 39,041 | |
Mondelez International Inc. Class A | 496,897 | 26,395 | |
CVS Health Corp. | 460,767 | 25,844 | |
Altria Group Inc. | 655,415 | 23,647 | |
Colgate-Palmolive Co. | 295,745 | 23,331 | |
Kimberly-Clark Corp. | 119,236 | 15,810 | |
General Mills Inc. | 213,151 | 12,602 | |
* | Monster Beverage Corp. | 130,218 | 9,971 |
Sysco Corp. | 171,910 | 9,508 | |
Constellation Brands Inc. Class A | 56,713 | 9,371 | |
Clorox Co. | 44,672 | 9,258 | |
Archer-Daniels-Midland Co. | 195,528 | 9,041 | |
Kroger Co. | 273,822 | 8,820 | |
Corteva Inc. | 266,354 | 8,784 | |
Walgreens Boots Alliance Inc. | 254,558 | 8,665 | |
McKesson Corp. | 57,446 | 8,473 | |
McCormick & Co. Inc. | 44,016 | 7,945 | |
Church & Dwight Co. Inc. | 87,381 | 7,724 | |
Hershey Co. | 51,990 | 7,147 | |
Kraft Heinz Co. | 228,773 | 6,998 | |
Conagra Brands Inc. | 173,317 | 6,082 | |
Tyson Foods Inc. Class A | 102,022 | 5,839 | |
Kellogg Co. | 88,532 | 5,568 | |
AmerisourceBergen Corp. Class A | 51,581 | 4,955 | |
Hormel Foods Corp. | 97,558 | 4,750 |
118
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
Brown-Forman Corp. Class B | 64,796 | 4,517 | |
J M Smucker Co. | 39,428 | 4,424 | |
Keurig Dr Pepper Inc. | 135,586 | 3,647 | |
Lamb Weston Holdings Inc. | 52,593 | 3,337 | |
* | Boston Beer Co. Inc. Class A | 3,090 | 3,211 |
Campbell Soup Co. | 62,617 | 2,922 | |
Bunge Ltd. | 50,468 | 2,863 | |
* | Beyond Meat Inc. | 19,218 | 2,737 |
Coca-Cola European Partners plc | 71,235 | 2,544 | |
* | Darling Ingredients Inc. | 56,769 | 2,441 |
Molson Coors Beverage Co. Class B | 64,155 | 2,262 | |
Casey's General Stores Inc. | 12,794 | 2,157 | |
* | Post Holdings Inc. | 22,905 | 1,968 |
Ingredion Inc. | 24,268 | 1,720 | |
* | US Foods Holding Corp. | 77,704 | 1,624 |
* | Helen of Troy Ltd. | 8,500 | 1,612 |
Flowers Foods Inc. | 67,408 | 1,589 | |
* | Freshpet Inc. | 13,527 | 1,549 |
* | Performance Food Group Co. | 45,301 | 1,523 |
* | Nomad Foods Ltd. | 59,686 | 1,447 |
* | Herbalife Nutrition Ltd. | 31,307 | 1,413 |
WD-40 Co. | 4,798 | 1,168 | |
Lancaster Colony Corp. | 6,495 | 1,079 | |
* | Grocery Outlet Holding Corp. | 24,260 | 1,068 |
Sanderson Farms Inc. | 7,310 | 935 | |
Nu Skin Enterprises Inc. Class A | 18,810 | 928 | |
* | Hain Celestial Group Inc. | 28,717 | 883 |
Energizer Holdings Inc. | 21,783 | 857 | |
* | Sprouts Farmers Market Inc. | 41,694 | 794 |
* | TreeHouse Foods Inc. | 18,912 | 735 |
J&J Snack Foods Corp. | 5,103 | 692 | |
* | Simply Good Foods Co. | 31,998 | 602 |
B&G Foods Inc. | 21,592 | 573 | |
* | Edgewell Personal Care Co. | 20,370 | 534 |
Medifast Inc. | 3,600 | 506 | |
* | Hostess Brands Inc. Class A | 38,995 | 493 |
Reynolds Consumer Products Inc. | 17,178 | 485 | |
* | Cal-Maine Foods Inc. | 11,900 | 456 |
Vector Group Ltd. | 47,108 | 433 | |
Core-Mark Holding Co. Inc. | 15,700 | 429 | |
Calavo Growers Inc. | 6,226 | 418 | |
Coca-Cola Consolidated Inc. | 1,600 | 366 | |
* | USANA Health Sciences Inc. | 4,100 | 310 |
* | Pilgrim's Pride Corp. | 18,506 | 310 |
*,^ | National Beverage Corp. | 3,800 | 298 |
Universal Corp. | 7,374 | 294 | |
Fresh Del Monte Produce Inc. | 10,395 | 224 | |
Weis Markets Inc. | 3,900 | 177 | |
ACCO Brands Corp. | 31,661 | 167 | |
Tootsie Roll Industries Inc. | 5,574 | 167 | |
622,112 | |||
Energy (1.1%) | |||
Exxon Mobil Corp. | 1,493,471 | 48,717 | |
Chevron Corp. | 679,245 | 47,207 | |
ConocoPhillips | 380,987 | 10,904 | |
Williams Cos. Inc. | 432,354 | 8,297 | |
Kinder Morgan Inc. | 689,427 | 8,204 | |
Schlumberger Ltd. | 493,489 | 7,373 | |
Phillips 66 | 154,752 | 7,221 | |
EOG Resources Inc. | 207,438 | 7,103 | |
Marathon Petroleum Corp. | 229,625 | 6,774 | |
Valero Energy Corp. | 144,621 | 5,584 | |
Pioneer Natural Resources Co. | 58,348 | 4,642 | |
ONEOK Inc. | 155,951 | 4,523 |
119
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
* | SolarEdge Technologies Inc. | 17,297 | 4,457 |
* | Cheniere Energy Inc. | 82,554 | 3,952 |
Halliburton Co. | 315,004 | 3,799 | |
Hess Corp. | 97,605 | 3,633 | |
* | Enphase Energy Inc. | 36,908 | 3,620 |
Baker Hughes Co. Class A | 237,068 | 3,501 | |
Concho Resources Inc. | 68,725 | 2,853 | |
* | First Solar Inc. | 32,063 | 2,791 |
Occidental Petroleum Corp. | 295,339 | 2,696 | |
Cabot Oil & Gas Corp. | 137,120 | 2,439 | |
* | Plug Power Inc. | 117,987 | 1,652 |
Diamondback Energy Inc. | 56,849 | 1,476 | |
EQT Corp. | 96,777 | 1,465 | |
Petroleo Brasileiro SA ADR (Preference Shares) | 195,307 | 1,291 | |
Targa Resources Corp. | 78,752 | 1,264 | |
Devon Energy Corp. | 137,234 | 1,225 | |
National Oilwell Varco Inc. | 133,843 | 1,124 | |
Apache Corp. | 133,115 | 1,105 | |
Marathon Oil Corp. | 273,659 | 1,084 | |
Equitrans Midstream Corp. | 143,993 | 1,045 | |
Parsley Energy Inc. Class A | 101,180 | 1,013 | |
HollyFrontier Corp. | 53,832 | 996 | |
Cimarex Energy Co. | 33,702 | 855 | |
Arcosa Inc. | 18,000 | 831 | |
* | CNX Resources Corp. | 76,218 | 739 |
* | WPX Energy Inc. | 140,967 | 650 |
* | Canadian Solar Inc. | 16,800 | 611 |
Antero Midstream Corp. | 105,721 | 606 | |
^ | Ovintiv Inc. (XSTE) | 63,539 | 585 |
* | ChampionX Corp. | 64,948 | 567 |
Helmerich & Payne Inc. | 36,761 | 547 | |
Range Resources Corp. | 77,672 | 511 | |
Cosan Ltd. | 36,924 | 507 | |
* | Southwestern Energy Co. | 189,715 | 507 |
* | SunPower Corp. | 29,145 | 466 |
World Fuel Services Corp. | 21,383 | 450 | |
* | PDC Energy Inc. | 35,330 | 421 |
Murphy Oil Corp. | 49,885 | 385 | |
Continental Resources Inc. | 29,241 | 352 | |
* | Dril-Quip Inc. | 11,400 | 295 |
* | Antero Resources Corp. | 84,777 | 288 |
Archrock Inc. | 41,684 | 247 | |
* | Matador Resources Co. | 34,765 | 246 |
Delek US Holdings Inc. | 21,465 | 216 | |
Ovintiv Inc. (XNYS) | 23,304 | 214 | |
* | Magnolia Oil & Gas Corp. Class A | 47,379 | 206 |
Core Laboratories NV | 13,400 | 194 | |
PBF Energy Inc. Class A | 39,302 | 184 | |
Patterson-UTI Energy Inc. | 63,963 | 164 | |
* | NOW Inc. | 36,496 | 148 |
* | Oceaneering International Inc. | 33,017 | 135 |
*,^ | Transocean Ltd. (XNYS) | 198,308 | 133 |
Kosmos Energy Ltd. | 118,878 | 118 | |
CVR Energy Inc. | 9,664 | 106 | |
* | Maxeon Solar Technologies Ltd. | 3,643 | 59 |
* | Transocean Ltd. (XSWX) | 8,480 | 6 |
* | Whiting Petroleum Corp. | 1 | — |
* | Callon Petroleum Co. | 1 | — |
Chesapeake Energy Corp. | 1 | — | |
* | Whiting Petroleum Corp Warrants Exp. 12/31/2025 | 1 | — |
227,579 | |||
Financials (5.6%) | |||
JPMorgan Chase & Co. | 1,068,912 | 104,796 | |
* | Berkshire Hathaway Inc. Class B | 512,991 | 103,573 |
120
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
Bank of America Corp. | 2,729,575 | 64,691 | |
* | Berkshire Hathaway Inc. Class A | 111 | 33,577 |
BlackRock Inc. | 51,915 | 31,108 | |
Citigroup Inc. | 734,156 | 30,409 | |
Wells Fargo & Co. | 1,324,625 | 28,413 | |
S&P Global Inc. | 85,270 | 27,519 | |
Morgan Stanley | 468,185 | 22,543 | |
Goldman Sachs Group Inc. | 116,495 | 22,022 | |
Charles Schwab Corp. | 510,770 | 20,998 | |
Chubb Ltd. | 157,910 | 20,514 | |
Truist Financial Corp. | 473,856 | 19,959 | |
Progressive Corp. | 205,385 | 18,875 | |
CME Group Inc. | 125,142 | 18,861 | |
US Bancorp | 477,905 | 18,614 | |
Marsh & McLennan Cos. Inc. | 177,655 | 18,380 | |
Intercontinental Exchange Inc. | 190,889 | 18,020 | |
PNC Financial Services Group Inc. | 149,083 | 16,679 | |
Moody's Corp. | 57,084 | 15,007 | |
Aon plc Class A | 80,547 | 14,821 | |
IHS Markit Ltd. | 140,257 | 11,343 | |
Travelers Cos. Inc. | 89,442 | 10,797 | |
MetLife Inc. | 272,366 | 10,309 | |
T. Rowe Price Group Inc. | 79,919 | 10,123 | |
MSCI Inc. Class A | 28,642 | 10,020 | |
Allstate Corp. | 110,888 | 9,841 | |
Bank of New York Mellon Corp. | 282,598 | 9,710 | |
American International Group Inc. | 305,371 | 9,616 | |
Prudential Financial Inc. | 140,162 | 8,973 | |
Aflac Inc. | 251,256 | 8,530 | |
Willis Towers Watson plc | 45,716 | 8,342 | |
First Republic Bank | 60,587 | 7,642 | |
State Street Corp. | 124,548 | 7,336 | |
Discover Financial Services | 108,658 | 7,064 | |
MarketAxess Holdings Inc. | 13,070 | 7,043 | |
Arthur J Gallagher & Co. | 66,581 | 6,905 | |
Ameriprise Financial Inc. | 42,346 | 6,810 | |
KKR & Co. Inc. | 187,977 | 6,419 | |
Fifth Third Bancorp | 254,234 | 5,903 | |
Broadridge Financial Solutions Inc. | 40,331 | 5,550 | |
Northern Trust Corp. | 68,223 | 5,340 | |
* | SVB Financial Group | 18,257 | 5,307 |
Nasdaq Inc. | 40,674 | 4,921 | |
Hartford Financial Services Group Inc. | 127,573 | 4,914 | |
M&T Bank Corp. | 45,376 | 4,700 | |
Regions Financial Corp. | 343,283 | 4,566 | |
KeyCorp | 348,110 | 4,518 | |
* | Markel Corp. | 4,796 | 4,474 |
* | Arch Capital Group Ltd. | 139,064 | 4,201 |
Citizens Financial Group Inc. | 151,128 | 4,118 | |
FactSet Research Systems Inc. | 13,269 | 4,067 | |
Principal Financial Group Inc. | 97,662 | 3,830 | |
Cincinnati Financial Corp. | 53,098 | 3,756 | |
Huntington Bancshares Inc. | 357,821 | 3,736 | |
Brown & Brown Inc. | 83,182 | 3,619 | |
Ally Financial Inc. | 134,899 | 3,599 | |
Annaly Capital Management Inc. | 501,672 | 3,557 | |
Raymond James Financial Inc. | 43,950 | 3,360 | |
Cboe Global Markets Inc. | 39,118 | 3,180 | |
Equitable Holdings Inc. | 145,580 | 3,129 | |
Fidelity National Financial Inc. | 97,961 | 3,065 | |
Globe Life Inc. | 37,679 | 3,055 | |
W R Berkley Corp. | 49,832 | 2,996 | |
Loews Corp. | 84,906 | 2,945 | |
RenaissanceRe Holdings Ltd. | 17,331 | 2,803 |
121
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
Everest Re Group Ltd. | 14,161 | 2,791 | |
AGNC Investment Corp. | 198,284 | 2,770 | |
Alleghany Corp. | 5,017 | 2,744 | |
Assurant Inc. | 21,410 | 2,663 | |
Credicorp Ltd. (XNYS) | 22,174 | 2,543 | |
Eaton Vance Corp. | 40,817 | 2,440 | |
Lincoln National Corp. | 68,540 | 2,406 | |
Reinsurance Group of America Inc. | 23,520 | 2,376 | |
Comerica Inc. | 51,195 | 2,330 | |
Commerce Bancshares Inc. | 36,715 | 2,285 | |
LPL Financial Holdings Inc. | 27,602 | 2,206 | |
Voya Financial Inc. | 45,736 | 2,192 | |
Apollo Global Management LLC | 59,415 | 2,190 | |
SEI Investments Co. | 40,558 | 1,993 | |
American Financial Group Inc. | 26,192 | 1,963 | |
First Horizon National Corp. | 182,963 | 1,905 | |
Zions Bancorp NA | 58,854 | 1,899 | |
East West Bancorp Inc. | 51,377 | 1,874 | |
Franklin Resources Inc. | 94,661 | 1,775 | |
Invesco Ltd. | 132,553 | 1,738 | |
Prosperity Bancshares Inc. | 31,363 | 1,728 | |
First American Financial Corp. | 38,756 | 1,728 | |
Old Republic International Corp. | 100,038 | 1,629 | |
Tradeweb Markets Inc. Class A | 29,146 | 1,588 | |
People's United Financial Inc. | 148,650 | 1,586 | |
Jefferies Financial Group Inc. | 79,760 | 1,556 | |
Primerica Inc. | 14,031 | 1,547 | |
Signature Bank | 18,861 | 1,523 | |
South State Corp. | 24,444 | 1,501 | |
Essent Group Ltd. | 37,653 | 1,500 | |
TCF Financial Corp. | 54,779 | 1,491 | |
Stifel Financial Corp. | 24,970 | 1,460 | |
Ares Management Corp. Class A | 34,477 | 1,458 | |
Morningstar Inc. | 7,622 | 1,451 | |
Western Alliance Bancorp | 34,336 | 1,415 | |
Kinsale Capital Group Inc. | 7,544 | 1,414 | |
Cullen/Frost Bankers Inc. | 19,669 | 1,382 | |
First Financial Bankshares Inc. | 46,270 | 1,379 | |
New York Community Bancorp Inc. | 165,476 | 1,375 | |
Starwood Property Trust Inc. | 96,015 | 1,341 | |
Synovus Financial Corp. | 51,415 | 1,337 | |
Hanover Insurance Group Inc. | 13,917 | 1,331 | |
Kemper Corp. | 21,388 | 1,319 | |
Janus Henderson Group plc | 54,104 | 1,315 | |
Popular Inc. | 31,141 | 1,314 | |
* | Athene Holding Ltd. Class A | 40,636 | 1,304 |
Affiliated Managers Group Inc. | 16,983 | 1,280 | |
Unum Group | 72,198 | 1,275 | |
Glacier Bancorp Inc. | 35,389 | 1,267 | |
Axis Capital Holdings Ltd. | 29,515 | 1,260 | |
RLI Corp. | 14,199 | 1,231 | |
SLM Corp. | 131,458 | 1,208 | |
Interactive Brokers Group Inc. | 25,143 | 1,196 | |
MGIC Investment Corp. | 116,888 | 1,176 | |
Radian Group Inc. | 65,380 | 1,174 | |
United Bankshares Inc. | 44,068 | 1,156 | |
First Citizens BancShares Inc. Class A | 2,482 | 1,148 | |
* | Brighthouse Financial Inc. | 34,566 | 1,144 |
Pinnacle Financial Partners Inc. | 24,963 | 1,143 | |
Valley National Bancorp | 149,307 | 1,141 | |
Lazard Ltd. Class A | 33,799 | 1,138 | |
New Residential Investment Corp. | 149,121 | 1,118 | |
* | Cannae Holdings Inc. | 29,583 | 1,094 |
Blackstone Mortgage Trust Inc. Class A | 49,812 | 1,081 |
122
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
Selective Insurance Group Inc. | 20,679 | 1,077 | |
Evercore Inc. Class A | 13,474 | 1,072 | |
Community Bank System Inc. | 18,281 | 1,060 | |
*,^ | Credit Acceptance Corp. | 3,485 | 1,039 |
Carlyle Group Inc. | 40,565 | 1,011 | |
White Mountains Insurance Group Ltd. | 1,110 | 1,008 | |
Bank OZK | 40,637 | 1,007 | |
Houlihan Lokey Inc. Class A | 15,834 | 993 | |
Wintrust Financial Corp. | 20,062 | 988 | |
Webster Financial Corp. | 30,432 | 980 | |
UMB Financial Corp. | 15,863 | 966 | |
CIT Group Inc. | 31,583 | 930 | |
Umpqua Holdings Corp. | 73,481 | 923 | |
Sterling Bancorp | 67,969 | 909 | |
CNO Financial Group Inc. | 50,800 | 902 | |
Spectrum Brands Holdings Inc | 15,051 | 856 | |
Home BancShares Inc. | 51,498 | 855 | |
First Hawaiian Inc. | 48,772 | 842 | |
* | LendingTree Inc. | 2,598 | 841 |
National General Holdings Corp. | 24,684 | 839 | |
CVB Financial Corp. | 47,493 | 831 | |
Old National Bancorp | 59,313 | 829 | |
FNB Corp. | 108,141 | 818 | |
BankUnited Inc. | 32,080 | 810 | |
Associated Banc-Corp | 59,105 | 809 | |
Bank of Hawaii Corp. | 13,200 | 800 | |
Columbia Banking System Inc. | 27,345 | 777 | |
BancorpSouth Bank | 32,960 | 772 | |
Federated Hermes Inc. Class B | 31,879 | 762 | |
Artisan Partners Asset Management Inc. Class A | 18,974 | 760 | |
OneMain Holdings Inc | 21,713 | 758 | |
* | Texas Capital Bancshares Inc. | 16,800 | 756 |
Atlantic Union Bankshares Corp. | 29,890 | 756 | |
Assured Guaranty Ltd. | 29,511 | 753 | |
PacWest Bancorp | 38,998 | 750 | |
American Equity Investment Life Holding Co. | 29,884 | 742 | |
FirstCash Inc. | 14,196 | 739 | |
Hamilton Lane Inc. Class A | 10,433 | 727 | |
* | Genworth Financial Inc. Class A | 179,601 | 706 |
BOK Financial Corp. | 11,987 | 704 | |
ServisFirst Bancshares Inc. | 18,624 | 687 | |
Moelis & Co. Class A | 18,457 | 687 | |
* | Enstar Group Ltd. | 3,976 | 683 |
Capitol Federal Financial Inc. | 59,311 | 681 | |
Pacific Premier Bancorp Inc. | 26,669 | 680 | |
Ameris Bancorp | 23,156 | 678 | |
PennyMac Financial Services Inc. | 13,324 | 677 | |
* | Palomar Holdings Inc. | 7,493 | 668 |
Hancock Whitney Corp. | 28,702 | 656 | |
Cathay General Bancorp | 27,300 | 642 | |
Simmons First National Corp. Class A | 37,772 | 642 | |
Investors Bancorp Inc. | 75,431 | 638 | |
Independent Bank Corp. | 11,135 | 638 | |
United Community Banks Inc. | 30,094 | 630 | |
* | NMI Holdings Inc. Class A | 28,445 | 611 |
* | eHealth Inc. | 8,834 | 593 |
Washington Federal Inc. | 27,797 | 592 | |
Chimera Investment Corp. | 70,288 | 587 | |
Fulton Financial Corp. | 53,376 | 587 | |
Independent Bank Group Inc. | 11,242 | 580 | |
* | PRA Group Inc. | 16,891 | 576 |
Navient Corp. | 69,370 | 556 | |
WesBanco Inc. | 22,712 | 552 | |
Walker & Dunlop Inc. | 8,700 | 547 |
123
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
Hilltop Holdings Inc. | 23,832 | 544 | |
WSFS Financial Corp. | 17,130 | 543 | |
Renasant Corp. | 18,983 | 541 | |
First BanCorp | 83,156 | 540 | |
Santander Consumer USA Holdings Inc. | 26,531 | 540 | |
PennyMac Mortgage Investment Trust | 35,054 | 525 | |
Piper Sandler Cos. | 6,088 | 508 | |
Cohen & Steers Inc. | 8,947 | 504 | |
Towne Bank | 27,698 | 504 | |
Westamerica BanCorp | 9,567 | 501 | |
Horace Mann Educators Corp. | 14,746 | 500 | |
Trustmark Corp. | 21,376 | 500 | |
International Bancshares Corp. | 18,043 | 499 | |
* | Axos Financial Inc. | 18,100 | 493 |
Bank of NT Butterfield & Son Ltd. | 18,600 | 492 | |
First Merchants Corp. | 18,826 | 492 | |
Virtu Financial Inc. Class A | 22,576 | 483 | |
Heartland Financial USA Inc. | 14,377 | 474 | |
First Financial Bancorp | 32,335 | 462 | |
Sandy Spring Bancorp Inc. | 17,780 | 451 | |
Apollo Commercial Real Estate Finance Inc. | 51,269 | 446 | |
Two Harbors Investment Corp. | 88,120 | 446 | |
Cadence BanCorp Class A | 39,657 | 445 | |
First Midwest Bancorp Inc. | 35,393 | 444 | |
Nelnet Inc. Class A | 7,136 | 436 | |
Northwest Bancshares Inc. | 40,795 | 435 | |
Argo Group International Holdings Ltd. | 12,034 | 429 | |
MFA Financial Inc. | 150,990 | 426 | |
Banner Corp. | 11,100 | 409 | |
Virtus Investment Partners Inc. | 2,528 | 403 | |
Safety Insurance Group Inc. | 5,484 | 384 | |
* | Encore Capital Group Inc. | 11,915 | 380 |
Employers Holdings Inc. | 11,517 | 369 | |
Stock Yards Bancorp Inc. | 9,643 | 369 | |
NBT Bancorp Inc. | 13,313 | 365 | |
City Holding Co. | 5,856 | 354 | |
Mercury General Corp. | 8,455 | 344 | |
Shinhan Financial Group Co. Ltd. ADR | 12,682 | 341 | |
Flagstar Bancorp Inc. | 11,481 | 337 | |
Eagle Bancorp Inc. | 11,100 | 332 | |
Hope Bancorp Inc. | 40,854 | 330 | |
Redwood Trust Inc. | 38,700 | 329 | |
Waddell & Reed Financial Inc. Class A | 21,400 | 328 | |
iStar Inc. | 27,160 | 320 | |
BGC Partners Inc. Class A | 100,123 | 295 | |
First Commonwealth Financial Corp. | 33,977 | 293 | |
Washington Trust Bancorp Inc. | 8,663 | 293 | |
Brightsphere Investment Group Inc. | 20,577 | 284 | |
ProAssurance Corp. | 18,116 | 280 | |
Provident Financial Services Inc. | 20,241 | 275 | |
1st Source Corp. | 8,008 | 268 | |
Ladder Capital Corp. Class A | 35,226 | 264 | |
BancFirst Corp. | 5,875 | 261 | |
CNA Financial Corp. | 8,700 | 259 | |
TFS Financial Corp. | 15,200 | 239 | |
Great Western Bancorp Inc. | 18,300 | 238 | |
Kearny Financial Corp. | 27,587 | 232 | |
S&T Bancorp Inc. | 11,633 | 230 | |
Brookline Bancorp Inc. | 21,719 | 208 | |
* | Columbia Financial Inc. | 17,020 | 207 |
Berkshire Hills Bancorp Inc. | 15,143 | 197 | |
* | Third Point Reinsurance Ltd. | 24,804 | 193 |
ARMOUR Residential REIT Inc. | 19,722 | 188 | |
American National Group Inc. | 2,700 | 186 |
124
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
FBL Financial Group Inc. Class A | 3,500 | 174 | |
* | MBIA Inc. | 30,300 | 173 |
Community Trust Bancorp Inc. | 5,306 | 169 | |
Boston Private Financial Holdings Inc. | 26,300 | 163 | |
WisdomTree Investments Inc. | 41,800 | 152 | |
United Fire Group Inc. | 7,394 | 152 | |
^ | Invesco Mortgage Capital Inc. | 55,760 | 151 |
Capstead Mortgage Corp. | 28,700 | 147 | |
TrustCo Bank Corp. NY | 24,356 | 134 | |
Republic Bancorp Inc. Class A | 2,671 | 89 | |
State Auto Financial Corp. | 6,500 | 80 | |
1,114,992 | |||
Health Care (7.7%) | |||
Johnson & Johnson | 931,158 | 127,671 | |
UnitedHealth Group Inc. | 333,273 | 101,695 | |
Pfizer Inc. | 1,963,210 | 69,655 | |
Merck & Co. Inc. | 892,659 | 67,137 | |
Thermo Fisher Scientific Inc. | 139,014 | 65,770 | |
Abbott Laboratories | 609,917 | 64,108 | |
AbbVie Inc. | 622,037 | 52,935 | |
Danaher Corp. | 219,988 | 50,496 | |
Medtronic plc | 472,594 | 47,529 | |
Bristol-Myers Squibb Co. | 798,948 | 46,699 | |
Amgen Inc. | 207,951 | 45,113 | |
Eli Lilly and Co. | 297,618 | 38,827 | |
* | Intuitive Surgical Inc. | 40,720 | 27,163 |
Zoetis Inc. | 167,205 | 26,510 | |
Gilead Sciences Inc. | 443,444 | 25,786 | |
Stryker Corp. | 121,827 | 24,610 | |
Anthem Inc. | 89,025 | 24,286 | |
Becton Dickinson and Co. | 97,301 | 22,489 | |
Cigna Corp. | 127,233 | 21,244 | |
* | Vertex Pharmaceuticals Inc. | 91,981 | 19,165 |
Humana Inc. | 46,464 | 18,552 | |
* | Regeneron Pharmaceuticals Inc. | 33,944 | 18,451 |
* | Boston Scientific Corp. | 504,044 | 17,274 |
* | Edwards Lifesciences Corp. | 216,900 | 15,550 |
* | Illumina Inc. | 51,598 | 15,103 |
* | Biogen Inc. | 55,540 | 14,000 |
Baxter International Inc. | 179,020 | 13,887 | |
* | Veeva Systems Inc. Class A | 47,321 | 12,779 |
* | IDEXX Laboratories Inc. | 29,825 | 12,670 |
* | Centene Corp. | 202,056 | 11,942 |
* | Align Technology Inc. | 27,488 | 11,712 |
HCA Healthcare Inc. | 94,406 | 11,701 | |
Agilent Technologies Inc. | 109,515 | 11,180 | |
* | DexCom Inc. | 32,589 | 10,415 |
* | IQVIA Holdings Inc. | 67,150 | 10,340 |
ResMed Inc. | 50,686 | 9,729 | |
Zimmer Biomet Holdings Inc. | 73,199 | 9,670 | |
* | Alexion Pharmaceuticals Inc. | 75,396 | 8,681 |
Cerner Corp. | 107,771 | 7,554 | |
* | Seagen Inc. | 43,240 | 7,212 |
West Pharmaceutical Services Inc. | 26,135 | 7,111 | |
* | Laboratory Corp. of America Holdings | 34,362 | 6,864 |
* | Moderna Inc. | 100,470 | 6,779 |
* | Exact Sciences Corp. | 52,754 | 6,533 |
* | Hologic Inc. | 90,656 | 6,239 |
Quest Diagnostics Inc. | 47,243 | 5,770 | |
* | Incyte Corp. | 64,768 | 5,611 |
* | Varian Medical Systems Inc. | 31,821 | 5,499 |
Cooper Cos. Inc. | 17,233 | 5,498 | |
Teleflex Inc. | 16,599 | 5,282 | |
STERIS plc | 29,792 | 5,279 |
125
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
* | Horizon Therapeutics plc | 69,599 | 5,215 |
PerkinElmer Inc. | 39,927 | 5,173 | |
* | Insulet Corp. | 23,136 | 5,142 |
* | Catalent Inc. | 57,452 | 5,043 |
* | Alnylam Pharmaceuticals Inc. | 40,710 | 5,006 |
* | Teladoc Health Inc. | 25,353 | 4,981 |
Cardinal Health Inc. | 104,665 | 4,793 | |
* | BioMarin Pharmaceutical Inc. | 64,040 | 4,766 |
* | Bio-Rad Laboratories Inc. Class A | 7,565 | 4,436 |
* | Elanco Animal Health Inc. | 140,721 | 4,364 |
* | Novocure Ltd. | 34,927 | 4,265 |
* | Charles River Laboratories International Inc. | 17,570 | 4,001 |
* | ABIOMED Inc. | 15,734 | 3,963 |
* | MyoKardia Inc. | 17,728 | 3,963 |
* | Molina Healthcare Inc. | 20,917 | 3,900 |
* | Masimo Corp. | 17,211 | 3,852 |
Dentsply Sirona Inc. | 78,677 | 3,713 | |
* | Avantor Inc. | 157,362 | 3,662 |
* | Sarepta Therapeutics Inc. | 26,594 | 3,614 |
* | Quidel Corp. | 13,329 | 3,576 |
Bio-Techne Corp. | 13,585 | 3,429 | |
* | Neurocrine Biosciences Inc. | 32,636 | 3,220 |
* | Henry Schein Inc. | 50,576 | 3,216 |
* | Mirati Therapeutics Inc. | 14,467 | 3,141 |
* | Repligen Corp. | 18,525 | 3,086 |
* | Guardant Health Inc. | 28,681 | 3,059 |
* | Amedisys Inc. | 11,334 | 2,936 |
* | Penumbra Inc. | 11,226 | 2,930 |
Universal Health Services Inc. Class B | 26,476 | 2,900 | |
* | Jazz Pharmaceuticals plc | 19,570 | 2,820 |
* | Mylan NV | 184,462 | 2,682 |
Chemed Corp. | 5,581 | 2,670 | |
* | DaVita Inc. | 29,138 | 2,513 |
* | Livongo Health Inc. | 19,241 | 2,456 |
* | LHC Group Inc. | 10,637 | 2,303 |
* | PRA Health Sciences Inc. | 23,290 | 2,269 |
* | Tandem Diabetes Care Inc. | 20,760 | 2,263 |
* | Exelixis Inc. | 109,561 | 2,244 |
Encompass Health Corp. | 36,355 | 2,229 | |
* | Ionis Pharmaceuticals Inc. | 47,231 | 2,217 |
Perrigo Co. plc | 49,203 | 2,159 | |
Hill-Rom Holdings Inc. | 23,419 | 2,133 | |
* | United Therapeutics Corp. | 15,564 | 2,089 |
* | Ultragenyx Pharmaceutical Inc. | 20,573 | 2,068 |
* | iRhythm Technologies Inc. | 9,512 | 2,011 |
* | Blueprint Medicines Corp. | 19,640 | 2,009 |
* | Arrowhead Pharmaceuticals Inc. | 34,780 | 1,993 |
* | CRISPR Therapeutics AG | 20,335 | 1,867 |
* | ACADIA Pharmaceuticals Inc. | 39,883 | 1,853 |
* | Acceleron Pharma Inc. | 17,550 | 1,835 |
* | PPD Inc. | 55,810 | 1,835 |
* | Haemonetics Corp. | 17,696 | 1,789 |
* | Nevro Corp. | 11,728 | 1,750 |
* | Iovance Biotherapeutics Inc. | 48,384 | 1,726 |
* | Novavax Inc. | 21,338 | 1,722 |
* | Arena Pharmaceuticals Inc. | 19,695 | 1,688 |
* | Natera Inc. | 24,785 | 1,667 |
* | Invitae Corp. | 40,762 | 1,598 |
* | Amicus Therapeutics Inc. | 87,724 | 1,564 |
Bruker Corp. | 36,327 | 1,545 | |
* | Envista Holdings Corp. | 56,085 | 1,482 |
* | Globus Medical Inc. | 27,475 | 1,432 |
* | NeoGenomics Inc. | 36,170 | 1,419 |
* | Emergent BioSolutions Inc. | 15,492 | 1,394 |
126
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
* | Wright Medical Group NV | 45,172 | 1,382 |
* | Halozyme Therapeutics Inc. | 47,590 | 1,333 |
* | HealthEquity Inc. | 25,679 | 1,322 |
* | Omnicell Inc. | 15,032 | 1,301 |
* | Neogen Corp. | 18,621 | 1,299 |
* | Biohaven Pharmaceutical Holding Co. Ltd. | 16,482 | 1,277 |
* | Sage Therapeutics Inc. | 17,398 | 1,277 |
* | Adaptive Biotechnologies Corp. | 26,555 | 1,224 |
* | ICU Medical Inc. | 6,751 | 1,200 |
* | Syneos Health Inc. | 22,387 | 1,188 |
* | Insmed Inc. | 35,366 | 1,165 |
* | Bluebird Bio Inc. | 22,376 | 1,157 |
* | STAAR Surgical Co. | 15,861 | 1,150 |
* | PTC Therapeutics Inc. | 21,807 | 1,138 |
* | Fate Therapeutics Inc. | 24,803 | 1,101 |
* | Turning Point Therapeutics Inc. | 11,933 | 1,100 |
* | FibroGen Inc. | 28,413 | 1,090 |
* | Inspire Medical Systems Inc. | 9,057 | 1,082 |
* | Integra LifeSciences Holdings Corp. | 24,058 | 1,061 |
* | Acadia Healthcare Co. Inc. | 29,667 | 1,058 |
* | Global Blood Therapeutics Inc. | 19,744 | 1,044 |
* | Medpace Holdings Inc. | 9,406 | 1,043 |
Ensign Group Inc. | 17,200 | 1,012 | |
* | TG Therapeutics Inc. | 38,436 | 971 |
* | Bridgebio Pharma Inc. | 25,202 | 967 |
* | Nektar Therapeutics Class A | 60,800 | 963 |
* | Allakos Inc. | 10,102 | 961 |
* | Reata Pharmaceuticals Inc. Class A | 8,150 | 951 |
* | Merit Medical Systems Inc. | 18,537 | 928 |
* | LivaNova plc | 17,983 | 905 |
* | Denali Therapeutics Inc. | 20,667 | 884 |
* | Kodiak Sciences Inc. | 9,670 | 878 |
* | Alkermes plc | 54,000 | 877 |
* | Agios Pharmaceuticals Inc. | 21,575 | 865 |
* | Tenet Healthcare Corp. | 34,793 | 854 |
* | Select Medical Holdings Corp. | 40,207 | 844 |
* | Glaukos Corp. | 14,872 | 832 |
* | ChemoCentryx Inc. | 17,218 | 826 |
* | Pacira BioSciences Inc. | 15,419 | 806 |
* | NuVasive Inc. | 17,940 | 797 |
CONMED Corp. | 10,091 | 787 | |
* | HMS Holdings Corp. | 29,300 | 780 |
* | 1Life Healthcare Inc. | 27,219 | 768 |
* | Deciphera Pharmaceuticals Inc. | 13,068 | 759 |
Premier Inc. Class A | 22,752 | 745 | |
* | Xencor Inc. | 19,348 | 743 |
Patterson Cos. Inc. | 29,213 | 727 | |
Cantel Medical Corp. | 13,970 | 668 | |
* | Editas Medicine Inc. | 21,557 | 667 |
* | Apellis Pharmaceuticals Inc. | 20,792 | 663 |
* | Allogene Therapeutics Inc. | 18,747 | 636 |
* | Integer Holdings Corp. | 10,878 | 636 |
Healthcare Services Group Inc. | 27,114 | 620 | |
* | Axsome Therapeutics Inc. | 9,217 | 611 |
* | Magellan Health Inc. | 8,445 | 610 |
* | Prestige Consumer Healthcare Inc. | 17,800 | 588 |
* | Vir Biotechnology Inc. | 17,994 | 566 |
* | Avanos Medical Inc. | 15,505 | 548 |
* | BioTelemetry Inc. | 12,737 | 542 |
*,^ | Inovio Pharmaceuticals Inc. | 54,285 | 535 |
* | Corcept Therapeutics Inc. | 31,767 | 533 |
* | uniQure NV | 13,142 | 531 |
* | Intra-Cellular Therapies Inc. | 20,694 | 511 |
* | Ironwood Pharmaceuticals Inc. Class A | 51,150 | 505 |
127
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
* | OPKO Health Inc. | 140,140 | 493 |
* | Heron Therapeutics Inc. | 30,044 | 490 |
* | Karuna Therapeutics Inc. | 5,480 | 445 |
*,^ | Ligand Pharmaceuticals Inc. | 5,069 | 418 |
* | Epizyme Inc. | 33,673 | 416 |
* | Zogenix Inc. | 19,398 | 414 |
* | Madrigal Pharmaceuticals Inc. | 3,051 | 388 |
* | Endo International plc | 80,789 | 369 |
* | MEDNAX Inc. | 28,400 | 362 |
* | Pennant Group Inc. | 8,600 | 358 |
Luminex Corp. | 15,000 | 331 | |
* | REGENXBIO Inc. | 11,200 | 322 |
* | Theravance Biopharma Inc. | 16,757 | 317 |
* | Supernus Pharmaceuticals Inc. | 17,000 | 312 |
* | Enanta Pharmaceuticals Inc. | 7,073 | 309 |
* | Atara Biotherapeutics Inc. | 22,879 | 295 |
* | Myriad Genetics Inc. | 23,500 | 292 |
* | Intercept Pharmaceuticals Inc. | 9,994 | 278 |
* | Evolent Health Inc. Class A | 27,095 | 269 |
*,^ | Esperion Therapeutics Inc. | 8,700 | 261 |
* | CorVel Corp. | 2,844 | 259 |
* | Viela Bio Inc. | 6,988 | 223 |
* | Taro Pharmaceutical Industries Ltd. | 3,800 | 223 |
* | Tivity Health Inc. | 16,116 | 222 |
* | NextGen Healthcare Inc. | 16,200 | 220 |
* | Innoviva Inc. | 19,900 | 215 |
* | Brookdale Senior Living Inc. | 72,091 | 212 |
* | Orthofix Medical Inc. | 6,600 | 206 |
* | Natus Medical Inc. | 11,196 | 204 |
* | Radius Health Inc. | 13,200 | 177 |
* | Inogen Inc. | 5,700 | 166 |
* | Varex Imaging Corp. | 11,704 | 157 |
* | Eagle Pharmaceuticals Inc. | 3,300 | 154 |
* | Alector Inc. | 16,059 | 151 |
* | Aerie Pharmaceuticals Inc. | 13,068 | 139 |
* | Amneal Pharmaceuticals Inc. | 31,500 | 131 |
*,^ | Precigen Inc. | 19,800 | 85 |
* | Tricida Inc. | 6,893 | 39 |
1,536,108 | |||
Industrials (7.6%) | |||
Visa Inc. Class A | 595,701 | 108,245 | |
Mastercard Inc. Class A | 311,325 | 89,861 | |
* | PayPal Holdings Inc. | 414,581 | 77,166 |
Accenture plc Class A | 224,868 | 48,776 | |
Union Pacific Corp. | 239,591 | 42,453 | |
Honeywell International Inc. | 247,657 | 40,851 | |
United Parcel Service Inc. Class B | 249,065 | 39,131 | |
3M Co. | 198,104 | 31,689 | |
Lockheed Martin Corp. | 87,551 | 30,654 | |
Caterpillar Inc. | 191,012 | 29,998 | |
Raytheon Technologies Corp. | 503,407 | 27,345 | |
Boeing Co. | 188,518 | 27,220 | |
Fidelity National Information Services Inc. | 217,026 | 27,039 | |
Deere & Co. | 110,475 | 24,957 | |
Automatic Data Processing Inc. | 151,025 | 23,856 | |
General Electric Co. | 3,059,289 | 22,700 | |
FedEx Corp. | 85,070 | 22,073 | |
Illinois Tool Works Inc. | 110,354 | 21,616 | |
CSX Corp. | 267,872 | 21,146 | |
American Express Co. | 229,698 | 20,958 | |
* | Square Inc. | 130,054 | 20,143 |
Sherwin-Williams Co. | 29,158 | 20,060 | |
Norfolk Southern Corp. | 89,988 | 18,818 | |
* | Fiserv Inc. | 196,288 | 18,740 |
128
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
Global Payments Inc. | 104,686 | 16,513 | |
Northrop Grumman Corp. | 55,257 | 16,015 | |
Eaton Corp. plc | 141,416 | 14,678 | |
Emerson Electric Co. | 210,642 | 13,647 | |
Capital One Financial Corp. | 160,085 | 11,699 | |
General Dynamics Corp. | 89,053 | 11,695 | |
Cummins Inc. | 52,013 | 11,437 | |
Trane Technologies plc | 83,997 | 11,151 | |
Johnson Controls International plc | 263,395 | 11,118 | |
PPG Industries Inc. | 83,878 | 10,881 | |
Carrier Global Corp. | 307,612 | 10,271 | |
PACCAR Inc. | 119,258 | 10,182 | |
Ball Corp. | 112,663 | 10,027 | |
Verisk Analytics Inc. Class A | 55,719 | 9,916 | |
Cintas Corp. | 31,286 | 9,841 | |
Rockwell Automation Inc. | 40,748 | 9,662 | |
Otis Worldwide Corp. | 153,581 | 9,411 | |
Parker-Hannifin Corp. | 45,059 | 9,388 | |
Paychex Inc. | 113,818 | 9,362 | |
Stanley Black & Decker Inc. | 54,438 | 9,048 | |
TransDigm Group Inc. | 18,479 | 8,822 | |
* | Mettler-Toledo International Inc. | 8,327 | 8,310 |
AMETEK Inc. | 80,933 | 7,948 | |
* | Keysight Technologies Inc. | 66,296 | 6,952 |
Vulcan Materials Co. | 46,728 | 6,768 | |
Old Dominion Freight Line Inc. | 34,415 | 6,552 | |
Fortive Corp. | 104,570 | 6,441 | |
* | FleetCor Technologies Inc. | 29,129 | 6,435 |
Kansas City Southern | 33,828 | 5,958 | |
Martin Marietta Materials Inc. | 22,190 | 5,910 | |
Equifax Inc. | 42,735 | 5,838 | |
Dover Corp. | 50,621 | 5,604 | |
Xylem Inc. | 63,553 | 5,538 | |
WW Grainger Inc. | 15,695 | 5,494 | |
TransUnion | 66,963 | 5,334 | |
* | Zebra Technologies Corp. | 18,535 | 5,257 |
Expeditors International of Washington Inc. | 58,553 | 5,174 | |
Synchrony Financial | 206,239 | 5,160 | |
Masco Corp. | 93,923 | 5,034 | |
* | Waters Corp. | 21,572 | 4,807 |
* | Generac Holdings Inc. | 22,317 | 4,690 |
IDEX Corp. | 26,830 | 4,572 | |
* | United Rentals Inc. | 25,632 | 4,570 |
* | Ingersoll Rand Inc. | 123,759 | 4,324 |
* | Trimble Inc. | 88,524 | 4,261 |
Jacobs Engineering Group Inc. | 44,687 | 4,245 | |
CH Robinson Worldwide Inc. | 46,848 | 4,143 | |
Jack Henry & Associates Inc. | 27,181 | 4,030 | |
* | Crown Holdings Inc. | 46,610 | 3,999 |
Nordson Corp. | 20,488 | 3,963 | |
* | Teledyne Technologies Inc. | 12,808 | 3,960 |
* | Fair Isaac Corp. | 10,013 | 3,920 |
Wabtec Corp. | 65,672 | 3,894 | |
Packaging Corp. of America | 33,663 | 3,854 | |
RPM International Inc. | 45,326 | 3,838 | |
Cognex Corp. | 58,215 | 3,836 | |
Booz Allen Hamilton Holding Corp. Class A | 48,711 | 3,824 | |
JB Hunt Transport Services Inc. | 29,955 | 3,647 | |
Graco Inc. | 58,387 | 3,614 | |
Westrock Co. | 93,163 | 3,498 | |
Lennox International Inc. | 12,406 | 3,370 | |
* | StoneCo Ltd. Class A | 62,694 | 3,294 |
Allegion plc | 32,997 | 3,250 | |
Toro Co. | 39,100 | 3,210 |
129
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
Snap-on Inc. | 19,356 | 3,049 | |
Quanta Services Inc. | 48,095 | 3,003 | |
Textron Inc. | 83,094 | 2,975 | |
Hubbell Inc. Class B | 19,937 | 2,901 | |
* | Trex Co. Inc. | 41,692 | 2,899 |
Pentair plc | 58,032 | 2,888 | |
* | XPO Logistics Inc. | 31,549 | 2,839 |
Western Union Co. | 145,385 | 2,826 | |
HEICO Corp. Class A | 28,472 | 2,662 | |
AptarGroup Inc. | 23,157 | 2,642 | |
Watsco Inc. | 11,433 | 2,563 | |
Owens Corning | 38,932 | 2,549 | |
Carlisle Cos. Inc. | 19,556 | 2,422 | |
A O Smith Corp. | 46,607 | 2,409 | |
* | Aecom | 52,892 | 2,372 |
* | Sensata Technologies Holding plc | 54,239 | 2,371 |
Howmet Aerospace Inc. | 137,324 | 2,369 | |
Genpact Ltd. | 68,434 | 2,352 | |
* | Paylocity Holding Corp. | 12,392 | 2,299 |
* | HD Supply Holdings Inc. | 56,566 | 2,255 |
* | Pagseguro Digital Ltd. Class A | 60,746 | 2,224 |
Sealed Air Corp. | 55,759 | 2,207 | |
* | Berry Global Group Inc. | 47,015 | 2,192 |
Donaldson Co. Inc. | 46,050 | 2,187 | |
MKS Instruments Inc. | 20,058 | 2,174 | |
CoreLogic Inc. | 27,829 | 2,141 | |
* | Axon Enterprise Inc. | 21,636 | 2,140 |
Lincoln Electric Holdings Inc. | 20,797 | 2,118 | |
Robert Half International Inc. | 40,939 | 2,075 | |
Tetra Tech Inc. | 20,268 | 2,045 | |
Huntington Ingalls Industries Inc. | 13,810 | 2,037 | |
* | WEX Inc. | 15,584 | 1,972 |
* | Middleby Corp. | 19,367 | 1,928 |
ITT Inc. | 31,802 | 1,924 | |
* | Bill.com Holdings Inc. | 18,984 | 1,898 |
* | Axalta Coating Systems Ltd. | 74,655 | 1,875 |
BWX Technologies Inc. | 33,334 | 1,834 | |
Sonoco Products Co. | 36,209 | 1,770 | |
* | TopBuild Corp. | 11,462 | 1,756 |
Brunswick Corp. | 27,479 | 1,751 | |
AGCO Corp. | 22,656 | 1,745 | |
MDU Resources Group Inc. | 71,787 | 1,706 | |
MSA Safety Inc. | 12,771 | 1,685 | |
Landstar System Inc. | 13,405 | 1,672 | |
Knight-Swift Transportation Holdings Inc. | 43,192 | 1,641 | |
Oshkosh Corp. | 24,279 | 1,635 | |
* | Euronet Worldwide Inc. | 18,216 | 1,618 |
Woodward Inc. | 20,101 | 1,599 | |
HEICO Corp. | 15,190 | 1,596 | |
FLIR Systems Inc. | 45,550 | 1,580 | |
Littelfuse Inc. | 7,872 | 1,558 | |
MAXIMUS Inc. | 21,362 | 1,444 | |
Allison Transmission Holdings Inc. | 39,280 | 1,420 | |
Regal Beloit Corp. | 14,232 | 1,404 | |
ManpowerGroup Inc. | 20,264 | 1,375 | |
Curtiss-Wright Corp. | 16,105 | 1,359 | |
EMCOR Group Inc. | 19,904 | 1,357 | |
Graphic Packaging Holding Co. | 101,865 | 1,354 | |
Simpson Manufacturing Co. Inc. | 15,235 | 1,352 | |
* | Mercury Systems Inc. | 19,590 | 1,349 |
Flowserve Corp. | 45,712 | 1,331 | |
* | Saia Inc. | 8,822 | 1,303 |
* | Builders FirstSource Inc. | 42,117 | 1,276 |
Exponent Inc. | 18,274 | 1,272 |
130
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
Acuity Brands Inc. | 14,233 | 1,269 | |
* | FTI Consulting Inc. | 12,753 | 1,256 |
Advanced Drainage Systems Inc. | 19,244 | 1,221 | |
Eagle Materials Inc. | 14,291 | 1,218 | |
* | ACI Worldwide Inc. | 41,160 | 1,201 |
* | Vontier Corp. | 41,456 | 1,191 |
* | AerCap Holdings NV | 47,594 | 1,182 |
* | ASGN Inc. | 17,399 | 1,160 |
Louisiana-Pacific Corp. | 40,496 | 1,157 | |
KBR Inc. | 51,155 | 1,140 | |
EnerSys | 15,563 | 1,114 | |
MSC Industrial Direct Co. Inc. Class A | 15,627 | 1,089 | |
* | Proto Labs Inc. | 9,172 | 1,083 |
* | Chart Industries Inc. | 12,620 | 1,066 |
Watts Water Technologies Inc. Class A | 9,603 | 1,064 | |
* | AMN Healthcare Services Inc. | 16,131 | 1,053 |
Armstrong World Industries Inc. | 17,456 | 1,046 | |
Valmont Industries Inc. | 7,300 | 1,036 | |
nVent Electric plc | 57,249 | 1,033 | |
* | Coherent Inc. | 8,179 | 1,023 |
Altra Industrial Motion Corp. | 23,817 | 1,018 | |
Kennametal Inc. | 32,027 | 993 | |
Air Lease Corp. Class A | 36,421 | 992 | |
* | TriNet Group Inc. | 14,392 | 992 |
* | MasTec Inc. | 19,900 | 988 |
Insperity Inc. | 12,800 | 980 | |
John Bean Technologies Corp. | 11,642 | 978 | |
Franklin Electric Co. Inc. | 16,300 | 974 | |
* | Kornit Digital Ltd. | 14,253 | 959 |
Silgan Holdings Inc. | 27,737 | 956 | |
* | Itron Inc. | 14,019 | 953 |
* | Colfax Corp. | 34,828 | 947 |
* | Green Dot Corp. Class A | 17,578 | 937 |
* | ExlService Holdings Inc. | 12,252 | 928 |
Crane Co. | 17,956 | 911 | |
* | BMC Stock Holdings Inc. | 22,568 | 893 |
Ryder System Inc. | 17,998 | 887 | |
Amcor plc (XNYS) | 83,782 | 874 | |
ABM Industries Inc. | 24,974 | 867 | |
* | Aerojet Rocketdyne Holdings Inc. | 26,545 | 861 |
UniFirst Corp. | 5,217 | 855 | |
Applied Industrial Technologies Inc. | 13,912 | 849 | |
Alliance Data Systems Corp. | 16,449 | 848 | |
* | Kirby Corp. | 21,599 | 831 |
Hillenbrand Inc. | 28,089 | 822 | |
HB Fuller Co. | 17,935 | 812 | |
GATX Corp. | 11,800 | 806 | |
AAON Inc. | 13,793 | 806 | |
* | Kratos Defense & Security Solutions Inc. | 42,010 | 794 |
Brink's Co. | 18,218 | 780 | |
Werner Enterprises Inc. | 20,465 | 778 | |
EVERTEC Inc. | 23,202 | 772 | |
* | Navistar International Corp. | 17,835 | 769 |
Triton International Ltd. | 20,525 | 757 | |
* | Masonite International Corp. | 8,500 | 748 |
* | WESCO International Inc. | 17,827 | 735 |
* | Installed Building Products Inc. | 8,000 | 724 |
ESCO Technologies Inc. | 8,600 | 720 | |
* | Summit Materials Inc. Class A | 39,497 | 699 |
* | Dycom Industries Inc. | 10,600 | 688 |
Moog Inc. Class A | 10,964 | 684 | |
* | Gibraltar Industries Inc. | 11,800 | 678 |
Badger Meter Inc. | 9,200 | 675 | |
* | SPX FLOW Inc. | 15,898 | 673 |
131
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
Spirit AeroSystems Holdings Inc. Class A | 36,856 | 670 | |
Forward Air Corp. | 10,621 | 669 | |
Trinity Industries Inc. | 35,053 | 660 | |
Brady Corp. Class A | 17,467 | 659 | |
Macquarie Infrastructure Corp. | 25,447 | 657 | |
ManTech International Corp. Class A | 9,848 | 639 | |
Federal Signal Corp. | 22,217 | 637 | |
Barnes Group Inc. | 17,126 | 628 | |
* | SPX Corp. | 14,476 | 614 |
* | Meritor Inc. | 24,879 | 606 |
Cubic Corp. | 10,100 | 597 | |
Albany International Corp. Class A | 11,680 | 595 | |
* | Beacon Roofing Supply Inc. | 19,088 | 586 |
* | Hub Group Inc. Class A | 11,626 | 583 |
* | AeroVironment Inc. | 7,465 | 570 |
Mueller Water Products Inc. Class A | 54,200 | 561 | |
Comfort Systems USA Inc. | 12,100 | 554 | |
* | JELD-WEN Holding Inc. | 26,068 | 548 |
Otter Tail Corp. | 14,230 | 546 | |
Korn Ferry | 17,700 | 534 | |
Fluor Corp. | 45,905 | 521 | |
* | Vicor Corp. | 6,672 | 520 |
* | Pluralsight Inc. Class A | 32,992 | 518 |
Terex Corp. | 20,502 | 506 | |
O-I Glass Inc. | 52,550 | 496 | |
McGrath RentCorp | 8,629 | 493 | |
* | Sykes Enterprises Inc. | 14,358 | 492 |
Schneider National Inc. Class B | 21,826 | 481 | |
Belden Inc. | 15,439 | 477 | |
* | Cimpress plc | 6,481 | 476 |
* | American Woodmark Corp. | 5,689 | 470 |
Patrick Industries Inc. | 7,809 | 435 | |
Helios Technologies Inc. | 10,400 | 435 | |
TTEC Holdings Inc. | 7,907 | 433 | |
* | Resideo Technologies Inc. | 42,188 | 425 |
EnPro Industries Inc. | 7,200 | 425 | |
* | Verra Mobility Corp. Class A | 43,989 | 423 |
* | OSI Systems Inc. | 5,400 | 417 |
Astec Industries Inc. | 8,192 | 416 | |
Lindsay Corp. | 3,923 | 413 | |
* | TriMas Corp. | 16,700 | 406 |
* | Virgin Galactic Holdings Inc. | 23,323 | 406 |
* | CBIZ Inc. | 17,000 | 385 |
* | Allegheny Technologies Inc. | 40,988 | 377 |
Greif Inc. Class A | 9,000 | 365 | |
Tennant Co. | 6,000 | 358 | |
ADT Inc. | 52,707 | 347 | |
Kaman Corp. | 8,748 | 347 | |
Enerpac Tool Group Corp. Class A | 19,200 | 342 | |
* | Ferro Corp. | 26,100 | 336 |
* | FARO Technologies Inc. | 5,500 | 331 |
* | Herc Holdings Inc. | 7,460 | 331 |
* | Huron Consulting Group Inc. | 8,567 | 324 |
Encore Wire Corp. | 6,900 | 319 | |
Granite Construction Inc. | 16,155 | 312 | |
Deluxe Corp. | 14,400 | 309 | |
Primoris Services Corp. | 16,200 | 306 | |
AZZ Inc. | 8,800 | 296 | |
Raven Industries Inc. | 13,100 | 287 | |
Standex International Corp. | 4,600 | 286 | |
Heartland Express Inc. | 15,407 | 282 | |
Griffon Corp. | 12,834 | 275 | |
H&E Equipment Services Inc. | 12,733 | 268 | |
Greenbrier Cos. Inc. | 9,900 | 267 |
132
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
* | Welbilt Inc. | 43,500 | 264 |
Atlas Corp. | 29,169 | 252 | |
* | Parsons Corp. | 7,813 | 246 |
* | Cardtronics plc Class A | 13,439 | 239 |
AAR Corp. | 12,010 | 234 | |
Apogee Enterprises Inc. | 8,600 | 205 | |
* | SEACOR Holdings Inc. | 6,707 | 205 |
Kelly Services Inc. Class A | 11,516 | 200 | |
* | TrueBlue Inc. | 12,600 | 196 |
Matson Inc. | 3,700 | 192 | |
Scorpio Tankers Inc. | 19,766 | 174 | |
SFL Corp. Ltd. | 26,513 | 173 | |
* | Tutor Perini Corp. | 12,200 | 165 |
1,518,888 | |||
Other (0.0%)2 | |||
*,§ | Alder BioPharmaceuticals CVR Exp. 12/31/2024 | 8,266 | 7 |
*,§ | Media General Inc. CVR | 21,051 | 1 |
*,§ | American International Group Inc. Warrants Exp. 01/19/2021 | 18,671 | — |
8 | |||
Real Estate (1.9%) | |||
American Tower Corp. | 156,229 | 35,878 | |
Prologis Inc. | 259,616 | 25,754 | |
Crown Castle International Corp. | 146,584 | 22,896 | |
Equinix Inc. | 31,003 | 22,671 | |
Digital Realty Trust Inc. | 94,589 | 13,649 | |
Public Storage | 53,581 | 12,274 | |
SBA Communications Corp. Class A | 39,137 | 11,364 | |
* | CoStar Group Inc. | 13,745 | 11,321 |
Welltower Inc. | 148,085 | 7,963 | |
Weyerhaeuser Co. | 264,516 | 7,219 | |
Realty Income Corp. | 121,668 | 7,040 | |
AvalonBay Communities Inc. | 49,763 | 6,924 | |
Simon Property Group Inc. | 108,831 | 6,836 | |
Alexandria Real Estate Equities Inc. | 44,223 | 6,701 | |
Equity Residential | 130,105 | 6,112 | |
* | CBRE Group Inc. Class A | 119,015 | 5,998 |
Invitation Homes Inc. | 198,395 | 5,408 | |
Ventas Inc. | 132,534 | 5,231 | |
Healthpeak Properties Inc. | 191,343 | 5,161 | |
Extra Space Storage Inc. | 44,496 | 5,159 | |
Duke Realty Corp. | 131,047 | 4,978 | |
Mid-America Apartment Communities Inc. | 41,118 | 4,796 | |
Sun Communities Inc. | 34,356 | 4,728 | |
Essex Property Trust Inc. | 23,044 | 4,715 | |
VICI Properties Inc. | 189,161 | 4,341 | |
* | Zillow Group Inc. Class C | 46,853 | 4,152 |
Boston Properties Inc. | 55,177 | 3,995 | |
WP Carey Inc. | 60,829 | 3,808 | |
Equity LifeStyle Properties Inc. | 62,668 | 3,709 | |
Medical Properties Trust Inc. | 185,599 | 3,307 | |
UDR Inc. | 103,797 | 3,243 | |
Camden Property Trust | 34,158 | 3,151 | |
CyrusOne Inc. | 40,996 | 2,913 | |
Iron Mountain Inc. | 103,808 | 2,705 | |
Host Hotels & Resorts Inc. | 252,625 | 2,647 | |
Gaming and Leisure Properties Inc. | 72,584 | 2,638 | |
American Homes 4 Rent Class A | 92,509 | 2,615 | |
Americold Realty Trust | 69,994 | 2,536 | |
VEREIT Inc. | 390,345 | 2,420 | |
CubeSmart | 68,549 | 2,326 | |
Omega Healthcare Investors Inc. | 78,463 | 2,261 | |
Regency Centers Corp. | 59,884 | 2,131 | |
STORE Capital Corp. | 81,431 | 2,093 | |
* | Zillow Group Inc. Class A | 23,132 | 2,066 |
133
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
Jones Lang LaSalle Inc. | 18,109 | 2,044 | |
Rexford Industrial Realty Inc. | 42,882 | 1,992 | |
Healthcare Trust of America Inc. Class A | 81,897 | 1,990 | |
Kilroy Realty Corp. | 41,114 | 1,936 | |
National Retail Properties Inc. | 59,898 | 1,917 | |
Vornado Realty Trust | 62,183 | 1,911 | |
Life Storage Inc. | 16,596 | 1,894 | |
Federal Realty Investment Trust | 27,486 | 1,890 | |
American Campus Communities Inc. | 49,738 | 1,863 | |
Lamar Advertising Co. Class A | 29,774 | 1,845 | |
EastGroup Properties Inc. | 13,633 | 1,814 | |
First Industrial Realty Trust Inc. | 45,130 | 1,797 | |
* | RealPage Inc. | 31,388 | 1,748 |
Apartment Investment and Management Co. | 53,033 | 1,692 | |
CoreSite Realty Corp. | 13,711 | 1,637 | |
STAG Industrial Inc. | 52,358 | 1,629 | |
Kimco Realty Corp. | 145,206 | 1,490 | |
Douglas Emmett Inc. | 61,768 | 1,458 | |
* | Redfin Corp. | 33,537 | 1,401 |
Cousins Properties Inc. | 52,022 | 1,326 | |
Terreno Realty Corp. | 23,429 | 1,319 | |
Healthcare Realty Trust Inc. | 47,206 | 1,312 | |
QTS Realty Trust Inc. Class A | 20,939 | 1,288 | |
Rayonier Inc. | 47,357 | 1,202 | |
Physicians Realty Trust | 70,596 | 1,190 | |
SL Green Realty Corp. | 27,175 | 1,163 | |
Highwoods Properties Inc. | 39,077 | 1,163 | |
Agree Realty Corp. | 18,586 | 1,154 | |
Brixmor Property Group Inc. | 104,150 | 1,141 | |
Spirit Realty Capital Inc. | 36,148 | 1,086 | |
Equity Commonwealth | 40,094 | 1,059 | |
Hannon Armstrong Sustainable Infrastructure Capital Inc. | 24,694 | 1,033 | |
JBG SMITH Properties | 43,782 | 1,022 | |
Hudson Pacific Properties Inc. | 52,781 | 1,017 | |
PotlatchDeltic Corp. | 22,659 | 941 | |
Sabra Health Care REIT Inc. | 71,080 | 935 | |
* | Howard Hughes Corp. | 14,638 | 910 |
Lexington Realty Trust | 89,338 | 887 | |
Corporate Office Properties Trust | 39,451 | 885 | |
Park Hotels & Resorts Inc. | 87,770 | 872 | |
National Health Investors Inc. | 15,514 | 870 | |
PS Business Parks Inc. | 6,738 | 768 | |
Apple Hospitality REIT Inc. | 77,241 | 765 | |
National Storage Affiliates Trust | 22,417 | 760 | |
Ryman Hospitality Properties Inc. | 17,721 | 706 | |
Weingarten Realty Investors | 44,152 | 700 | |
Taubman Centers Inc. | 20,625 | 689 | |
EPR Properties | 27,742 | 661 | |
Outfront Media Inc. | 47,515 | 623 | |
CareTrust REIT Inc. | 35,656 | 610 | |
Kennedy-Wilson Holdings Inc. | 46,138 | 608 | |
Colony Capital Inc. | 166,630 | 593 | |
Four Corners Property Trust Inc. | 23,155 | 587 | |
Uniti Group Inc. | 66,075 | 583 | |
Pebblebrook Hotel Trust | 47,261 | 566 | |
Sunstone Hotel Investors Inc. | 75,889 | 563 | |
Essential Properties Realty Trust Inc. | 31,030 | 513 | |
RLJ Lodging Trust | 62,664 | 513 | |
Piedmont Office Realty Trust Inc. Class A | 44,063 | 503 | |
Brandywine Realty Trust | 55,764 | 488 | |
Washington REIT | 27,797 | 486 | |
* | Realogy Holdings Corp. | 41,590 | 464 |
* | Cushman & Wakefield plc | 37,322 | 437 |
Global Net Lease Inc. | 29,868 | 425 |
134
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
Service Properties Trust | 57,705 | 416 | |
Safehold Inc. | 5,974 | 411 | |
LTC Properties Inc. | 12,200 | 403 | |
Columbia Property Trust Inc. | 36,900 | 390 | |
DiamondRock Hospitality Co. | 78,756 | 389 | |
Paramount Group Inc. | 66,468 | 384 | |
Retail Properties of America Inc. | 69,300 | 363 | |
Kite Realty Group Trust | 34,904 | 362 | |
Urban Edge Properties | 38,181 | 359 | |
GEO Group Inc. | 39,698 | 352 | |
^ | Macerich Co. | 49,054 | 341 |
Retail Opportunity Investments Corp. | 34,600 | 337 | |
Getty Realty Corp. | 12,711 | 334 | |
SITE Centers Corp. | 47,750 | 325 | |
Xenia Hotels & Resorts Inc. | 38,549 | 318 | |
American Assets Trust Inc. | 15,084 | 316 | |
Mack-Cali Realty Corp. | 28,000 | 308 | |
Alexander & Baldwin Inc. | 23,560 | 303 | |
Investors Real Estate Trust | 4,488 | 303 | |
Office Properties Income Trust | 16,401 | 302 | |
* | St. Joe Co. | 11,077 | 300 |
^ | Brookfield Property REIT Inc. Class A | 20,032 | 295 |
CoreCivic Inc. | 38,822 | 249 | |
Universal Health Realty Income Trust | 4,482 | 240 | |
Empire State Realty Trust Inc. | 44,011 | 237 | |
* | Marcus & Millichap Inc. | 7,530 | 235 |
Newmark Group Inc. Class A | 49,545 | 235 | |
Diversified Healthcare Trust | 80,525 | 233 | |
Acadia Realty Trust | 24,195 | 226 | |
Summit Hotel Properties Inc. | 37,496 | 198 | |
Alexander's Inc. | 800 | 195 | |
^ | Tanger Factory Outlet Centers Inc. | 26,047 | 161 |
Franklin Street Properties Corp. | 34,469 | 145 | |
Colony Credit Real Estate Inc. | 25,568 | 134 | |
Saul Centers Inc. | 5,132 | 127 | |
RPT Realty | 24,700 | 121 | |
391,514 | |||
Technology (15.5%) | |||
Apple Inc. | 5,702,642 | 620,790 | |
Microsoft Corp. | 2,645,345 | 535,603 | |
* | Facebook Inc. Class A | 848,423 | 223,229 |
* | Alphabet Inc. Class A | 106,587 | 172,256 |
* | Alphabet Inc. Class C | 104,010 | 168,601 |
NVIDIA Corp. | 208,424 | 104,495 | |
* | Adobe Inc. | 169,569 | 75,814 |
* | salesforce.com Inc. | 305,785 | 71,025 |
Intel Corp. | 1,497,463 | 66,308 | |
QUALCOMM Inc. | 396,889 | 48,960 | |
Broadcom Inc. | 137,581 | 48,102 | |
Texas Instruments Inc. | 323,271 | 46,742 | |
Oracle Corp. | 677,168 | 37,996 | |
International Business Machines Corp. | 313,747 | 35,033 | |
* | ServiceNow Inc. | 66,860 | 33,268 |
* | Advanced Micro Devices Inc. | 411,354 | 30,971 |
Intuit Inc. | 88,600 | 27,881 | |
* | Zoom Video Communications Inc. Class A | 58,977 | 27,183 |
* | Shopify Inc. Class A (XNYS) | 29,182 | 27,006 |
* | Micron Technology Inc. | 393,793 | 19,824 |
Applied Materials Inc. | 322,156 | 19,081 | |
* | Autodesk Inc. | 77,144 | 18,171 |
Lam Research Corp. | 50,998 | 17,445 | |
Analog Devices Inc. | 130,260 | 15,440 | |
Roper Technologies Inc. | 36,832 | 13,677 | |
Cognizant Technology Solutions Corp. Class A | 191,060 | 13,646 |
135
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
* | Twilio Inc. Class A | 48,163 | 13,436 |
NXP Semiconductors NV | 98,567 | 13,318 | |
* | DocuSign Inc. Class A | 62,806 | 12,703 |
* | Workday Inc. Class A | 60,312 | 12,673 |
Amphenol Corp. Class A | 101,892 | 11,497 | |
* | Synopsys Inc. | 52,706 | 11,272 |
TE Connectivity Ltd. | 116,246 | 11,262 | |
* | Twitter Inc. | 271,347 | 11,223 |
* | Splunk Inc. | 56,243 | 11,138 |
KLA Corp. | 55,075 | 10,860 | |
* | Cadence Design Systems Inc. | 96,968 | 10,605 |
Xilinx Inc. | 86,305 | 10,244 | |
* | ANSYS Inc. | 30,267 | 9,212 |
HP Inc. | 507,241 | 9,110 | |
* | Match Group Inc. | 77,766 | 9,082 |
Microchip Technology Inc. | 85,193 | 8,952 | |
Marvell Technology Group Ltd. | 233,915 | 8,774 | |
* | Okta Inc. | 40,794 | 8,560 |
* | Atlassian Corp. plc Class A | 44,628 | 8,552 |
Corning Inc. | 266,750 | 8,528 | |
* | Pinterest Inc. Class A | 143,296 | 8,447 |
Skyworks Solutions Inc. | 59,447 | 8,399 | |
* | Palo Alto Networks Inc. | 33,347 | 7,376 |
* | RingCentral Inc. Class A | 27,080 | 6,996 |
* | VeriSign Inc. | 36,057 | 6,876 |
* | Crowdstrike Holdings Inc. Class A | 53,419 | 6,615 |
Maxim Integrated Products Inc. | 93,677 | 6,525 | |
* | Paycom Software Inc. | 17,425 | 6,344 |
* | Coupa Software Inc. | 23,595 | 6,316 |
CDW Corp. | 50,168 | 6,151 | |
* | Yandex NV Class A | 104,610 | 6,022 |
* | EPAM Systems Inc. | 18,810 | 5,811 |
* | Tyler Technologies Inc. | 14,012 | 5,386 |
* | Akamai Technologies Inc. | 56,590 | 5,383 |
* | Dell Technologies Inc. | 87,564 | 5,277 |
Teradyne Inc. | 59,262 | 5,206 | |
* | Fortinet Inc. | 47,144 | 5,203 |
* | Qorvo Inc. | 40,304 | 5,133 |
Monolithic Power Systems Inc. | 15,697 | 5,017 | |
Citrix Systems Inc. | 43,610 | 4,940 | |
* | Datadog Inc. Class A | 53,707 | 4,874 |
SS&C Technologies Holdings Inc. | 80,582 | 4,772 | |
* | Black Knight Inc. | 53,322 | 4,690 |
* | Zendesk Inc. | 40,838 | 4,531 |
Seagate Technology plc | 92,303 | 4,414 | |
* | Arista Networks Inc. | 21,110 | 4,410 |
* | HubSpot Inc. | 14,852 | 4,308 |
* | Avalara Inc. | 28,843 | 4,299 |
* | Check Point Software Technologies Ltd. | 37,812 | 4,294 |
* | Wix.com Ltd. | 17,116 | 4,233 |
* | GoDaddy Inc. Class A | 58,908 | 4,167 |
NortonLifeLock Inc. | 197,150 | 4,055 | |
Western Digital Corp. | 106,290 | 4,010 | |
* | MongoDB Inc. | 17,523 | 4,003 |
Hewlett Packard Enterprise Co. | 458,031 | 3,957 | |
Leidos Holdings Inc. | 47,644 | 3,954 | |
* | Gartner Inc. | 31,001 | 3,723 |
* | ON Semiconductor Corp. | 146,276 | 3,670 |
Entegris Inc. | 48,177 | 3,602 | |
*,^ | VMware Inc. Class A | 27,577 | 3,550 |
NetApp Inc. | 79,541 | 3,491 | |
* | Slack Technologies Inc. Class A | 133,675 | 3,419 |
* | Ceridian HCM Holding Inc. | 39,632 | 3,417 |
* | Zscaler Inc. | 24,587 | 3,338 |
136
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
* | Five9 Inc. | 21,986 | 3,336 |
* | Nuance Communications Inc. | 102,754 | 3,279 |
* | PTC Inc. | 38,000 | 3,187 |
* | IAC/InterActiveCorp | 26,171 | 3,159 |
Universal Display Corp. | 15,210 | 3,016 | |
* | F5 Networks Inc. | 21,907 | 2,912 |
* | Guidewire Software Inc. | 29,755 | 2,860 |
Amdocs Ltd. | 47,482 | 2,677 | |
* | Aspen Technology Inc. | 23,758 | 2,609 |
* | Flex Ltd. | 183,305 | 2,594 |
* | Anaplan Inc. | 45,800 | 2,535 |
* | Globant SA | 13,560 | 2,449 |
* | Cree Inc. | 38,314 | 2,437 |
* | Grubhub Inc. | 32,198 | 2,381 |
* | Inphi Corp. | 16,914 | 2,364 |
* | Alteryx Inc. Class A | 18,417 | 2,309 |
* | Elastic NV | 22,713 | 2,303 |
* | IPG Photonics Corp. | 12,362 | 2,299 |
* | Dynatrace Inc. | 63,689 | 2,249 |
* | Arrow Electronics Inc. | 27,423 | 2,136 |
* | Cloudflare Inc. Class A | 37,991 | 1,974 |
* | Smartsheet Inc. Class A | 38,815 | 1,935 |
* | Manhattan Associates Inc. | 22,484 | 1,922 |
SYNNEX Corp. | 14,488 | 1,907 | |
* | Proofpoint Inc. | 19,743 | 1,890 |
* | CACI International Inc. Class A | 8,984 | 1,873 |
CDK Global Inc. | 43,139 | 1,859 | |
* | Clarivate plc | 66,508 | 1,846 |
* | Fastly Inc. Class A | 27,461 | 1,744 |
Jabil Inc. | 51,816 | 1,717 | |
* | Blackline Inc. | 17,530 | 1,712 |
DXC Technology Co. | 88,799 | 1,636 | |
Pegasystems Inc. | 13,852 | 1,605 | |
* | Silicon Laboratories Inc. | 15,599 | 1,598 |
* | II-VI Inc. | 35,135 | 1,598 |
* | Lattice Semiconductor Corp. | 45,123 | 1,575 |
* | Dropbox Inc. Class A | 86,238 | 1,575 |
Science Applications International Corp. | 20,603 | 1,573 | |
* | Nutanix Inc. | 63,084 | 1,535 |
* | Q2 Holdings Inc. | 16,488 | 1,504 |
* | LiveRamp Holdings Inc. | 22,492 | 1,486 |
* | Cirrus Logic Inc. | 21,100 | 1,453 |
* | Envestnet Inc. | 18,779 | 1,441 |
National Instruments Corp. | 45,296 | 1,417 | |
* | Pure Storage Inc. Class A | 87,271 | 1,405 |
CMC Materials Inc. | 9,864 | 1,403 | |
Power Integrations Inc. | 22,254 | 1,340 | |
* | Fiverr International Ltd. | 9,062 | 1,327 |
* | Novanta Inc. | 11,977 | 1,302 |
Wipro Ltd. ADR | 268,550 | 1,300 | |
* | CyberArk Software Ltd. | 13,059 | 1,295 |
* | Everbridge Inc. | 12,113 | 1,268 |
* | Varonis Systems Inc. | 10,881 | 1,258 |
* | Semtech Corp. | 22,485 | 1,234 |
* | Sailpoint Technologies Holdings Inc. | 29,522 | 1,225 |
* | Change Healthcare Inc. | 84,401 | 1,194 |
Brooks Automation Inc. | 25,122 | 1,173 | |
* | LivePerson Inc. | 21,227 | 1,135 |
* | J2 Global Inc. | 16,563 | 1,124 |
* | Rapid7 Inc. | 17,604 | 1,090 |
* | Verint Systems Inc. | 22,100 | 1,072 |
* | FireEye Inc. | 76,991 | 1,066 |
* | Bandwidth Inc. Class A | 6,642 | 1,065 |
Xerox Holdings Corp. | 61,152 | 1,063 |
137
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
* | Qualys Inc. | 11,886 | 1,044 |
* | New Relic Inc. | 17,011 | 1,032 |
* | SPS Commerce Inc. | 11,482 | 983 |
* | Alarm.com Holdings Inc. | 16,269 | 949 |
* | NCR Corp. | 46,357 | 942 |
* | Diodes Inc. | 15,485 | 896 |
* | Covetrus Inc. | 36,189 | 894 |
* | Advanced Energy Industries Inc. | 13,158 | 888 |
* | Synaptics Inc. | 11,500 | 882 |
* | SVMK Inc. | 41,654 | 872 |
* | Fabrinet | 14,268 | 856 |
Blackbaud Inc. | 17,300 | 854 | |
Perspecta Inc. | 47,324 | 849 | |
* | Tenable Holdings Inc. | 23,852 | 814 |
* | Appfolio Inc. | 5,645 | 807 |
* | Cornerstone OnDemand Inc. | 21,175 | 804 |
Avnet Inc. | 32,593 | 804 | |
* | Box Inc. | 51,825 | 803 |
* | FormFactor Inc. | 26,656 | 756 |
* | Mimecast Ltd. | 19,715 | 753 |
* | Rogers Corp. | 6,200 | 752 |
* | Workiva Inc. Class A | 13,402 | 741 |
* | Cerence Inc. | 13,578 | 741 |
* | Medallia Inc. | 25,771 | 733 |
Vishay Intertechnology Inc. | 43,940 | 713 | |
* | Teradata Corp. | 38,581 | 709 |
* | Cloudera Inc. | 71,569 | 696 |
* | PagerDuty Inc. | 23,865 | 647 |
* | Plexus Corp. | 9,200 | 640 |
* | Bottomline Technologies DE Inc. | 15,400 | 612 |
* | Sanmina Corp. | 24,921 | 609 |
* | Allscripts Healthcare Solutions Inc. | 60,100 | 606 |
* | Insight Enterprises Inc. | 11,300 | 603 |
* | Cargurus Inc. | 30,151 | 601 |
* | MaxLinear Inc. | 22,725 | 601 |
Kulicke & Soffa Industries Inc. | 22,900 | 599 | |
* | Upwork Inc. | 32,398 | 598 |
* | Ambarella Inc. | 10,841 | 593 |
* | Avaya Holdings Corp. | 34,300 | 590 |
* | MACOM Technology Solutions Holdings Inc. | 15,940 | 582 |
Progress Software Corp. | 15,900 | 578 | |
* | CommVault Systems Inc. | 14,504 | 574 |
* | Rambus Inc. | 40,461 | 558 |
NIC Inc. | 24,776 | 555 | |
* | NetScout Systems Inc. | 26,238 | 538 |
* | Yext Inc. | 31,700 | 526 |
* | MicroStrategy Inc. Class A | 3,000 | 501 |
* | Virtusa Corp. | 9,900 | 498 |
* | Schrodinger Inc. | 10,113 | 493 |
* | Yelp Inc. Class A | 24,482 | 482 |
* | Amkor Technology Inc. | 40,576 | 481 |
Xperi Holding Corp | 37,447 | 464 | |
Shutterstock Inc. | 6,900 | 452 | |
* | Perficient Inc. | 10,747 | 421 |
CSG Systems International Inc. | 11,066 | 419 | |
* | PROS Holdings Inc. | 13,713 | 386 |
Methode Electronics Inc. | 12,104 | 372 | |
* | TTM Technologies Inc. | 29,954 | 356 |
CTS Corp. | 12,100 | 334 | |
* | SolarWinds Corp. | 14,854 | 303 |
United Microelectronics Corp. ADR | 55,817 | 296 | |
Benchmark Electronics Inc. | 13,300 | 277 | |
*,^ | Stratasys Ltd. | 15,900 | 203 |
* | 3D Systems Corp. | 34,900 | 199 |
138
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
* | Micro Focus International plc ADR | 64,470 | 185 |
* | ScanSource Inc. | 8,411 | 169 |
* | Blucora Inc. | 16,400 | 163 |
* | Forrester Research Inc. | 4,285 | 158 |
Ebix Inc. | 8,400 | 152 | |
* | Endurance International Group Holdings Inc. | 22,000 | 128 |
* | Groupon Inc. Class A | 1 | — |
3,109,626 | |||
Telecommunications (2.0%) | |||
Verizon Communications Inc. | 1,460,053 | 83,208 | |
AT&T Inc. | 2,512,948 | 67,900 | |
Comcast Corp. Class A | 1,599,129 | 67,547 | |
Cisco Systems Inc. | 1,498,872 | 53,810 | |
* | Charter Communications Inc. Class A | 52,514 | 31,709 |
* | T-Mobile US Inc. | 193,923 | 21,248 |
L3Harris Technologies Inc. | 76,302 | 12,293 | |
Motorola Solutions Inc. | 60,187 | 9,513 | |
* | Roku Inc. | 37,243 | 7,538 |
* | Liberty Broadband Corp. | 38,451 | 5,449 |
CenturyLink Inc. | 386,933 | 3,335 | |
Cable One Inc. | 1,892 | 3,277 | |
* | Altice USA Inc. Class A | 108,239 | 2,917 |
* | GCI Liberty Inc. Class A | 35,504 | 2,884 |
* | Liberty Global plc Class C | 143,786 | 2,683 |
Juniper Networks Inc. | 118,432 | 2,336 | |
* | DISH Network Corp. Class A | 87,041 | 2,219 |
* | Lumentum Holdings Inc. | 26,775 | 2,214 |
* | Ciena Corp. | 55,701 | 2,194 |
* | Liberty Global plc Class A | 58,116 | 1,103 |
* | Iridium Communications Inc. | 41,119 | 1,086 |
* | Liberty Broadband Corp. Class A | 7,681 | 1,080 |
* | Viavi Solutions Inc. | 85,814 | 1,060 |
* | Acacia Communications Inc. | 13,379 | 906 |
* | Vonage Holdings Corp. | 82,928 | 877 |
Cogent Communications Holdings Inc. | 14,852 | 829 | |
Shenandoah Telecommunications Co. | 16,569 | 723 | |
* | ViaSat Inc. | 20,744 | 703 |
Telephone and Data Systems Inc. | 37,397 | 636 | |
* | 8x8 Inc. | 34,749 | 600 |
InterDigital Inc. | 10,500 | 588 | |
* | CommScope Holding Co. Inc. | 62,671 | 558 |
Ubiquiti Inc. | 2,851 | 529 | |
* | Liberty Latin America Ltd. Class C | 46,603 | 453 |
* | EchoStar Corp. Class A | 16,414 | 380 |
* | NETGEAR Inc. | 9,595 | 296 |
* | Liberty Latin America Ltd. Class A | 22,191 | 217 |
Plantronics Inc. | 10,000 | 195 | |
ATN International Inc. | 4,035 | 180 | |
* | United States Cellular Corp. | 4,600 | 134 |
397,407 | |||
Utilities (1.9%) | |||
NextEra Energy Inc. | 689,920 | 50,509 | |
Duke Energy Corp. | 258,425 | 23,803 | |
Dominion Energy Inc. | 294,650 | 23,672 | |
Southern Co. | 370,999 | 21,314 | |
Waste Management Inc. | 149,207 | 16,101 | |
American Electric Power Co. Inc. | 175,997 | 15,827 | |
Exelon Corp. | 345,613 | 13,786 | |
Xcel Energy Inc. | 186,167 | 13,037 | |
Sempra Energy | 101,855 | 12,769 | |
WEC Energy Group Inc. | 111,963 | 11,258 | |
Eversource Energy | 120,531 | 10,519 | |
Public Service Enterprise Group Inc. | 179,432 | 10,434 | |
American Water Works Co. Inc. | 64,297 | 9,677 |
139
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Shares | Market | ||
Consolidated Edison Inc. | 119,123 | 9,350 | |
DTE Energy Co. | 68,388 | 8,440 | |
PPL Corp. | 272,258 | 7,487 | |
Entergy Corp. | 70,976 | 7,184 | |
Edison International | 126,700 | 7,100 | |
Ameren Corp. | 86,931 | 7,052 | |
Republic Services Inc. Class A | 74,534 | 6,572 | |
CMS Energy Corp. | 100,715 | 6,378 | |
FirstEnergy Corp. | 194,169 | 5,771 | |
Alliant Energy Corp. | 88,191 | 4,875 | |
AES Corp. | 237,158 | 4,625 | |
Evergy Inc. | 80,360 | 4,436 | |
* | PG&E Corp. | 451,154 | 4,313 |
Atmos Energy Corp. | 42,923 | 3,935 | |
CenterPoint Energy Inc. | 181,078 | 3,826 | |
Essential Utilities Inc. | 87,585 | 3,608 | |
Pinnacle West Capital Corp. | 41,031 | 3,347 | |
NiSource Inc. | 138,082 | 3,172 | |
Vistra Corp. | 173,670 | 3,017 | |
NRG Energy Inc. | 84,464 | 2,671 | |
* | Sunrun Inc. | 51,302 | 2,669 |
UGI Corp. | 75,595 | 2,445 | |
OGE Energy Corp. | 74,142 | 2,281 | |
* | Stericycle Inc. | 31,916 | 1,988 |
Brookfield Renewable Corp. Class A | 23,788 | 1,588 | |
IDACORP Inc. | 17,563 | 1,541 | |
PNM Resources Inc. | 28,780 | 1,439 | |
Black Hills Corp. | 22,418 | 1,270 | |
ONE Gas Inc. | 18,219 | 1,258 | |
Southwest Gas Holdings Inc. | 18,817 | 1,237 | |
Portland General Electric Co. | 30,931 | 1,216 | |
Hawaiian Electric Industries Inc. | 36,772 | 1,215 | |
National Fuel Gas Co. | 29,764 | 1,189 | |
NorthWestern Corp. | 19,192 | 1,000 | |
Avangrid Inc. | 20,129 | 993 | |
Spire Inc. | 17,338 | 972 | |
American States Water Co. | 12,984 | 970 | |
New Jersey Resources Corp. | 32,585 | 951 | |
* | Clean Harbors Inc. | 17,500 | 927 |
ALLETE Inc. | 17,725 | 914 | |
Clearway Energy Inc. | 30,396 | 856 | |
* | Casella Waste Systems Inc. Class A | 15,550 | 840 |
Ormat Technologies Inc. (XNYS) | 11,796 | 836 | |
MGE Energy Inc. | 12,033 | 782 | |
Avista Corp. | 23,000 | 764 | |
California Water Service Group | 16,596 | 740 | |
* | Evoqua Water Technologies Corp. | 29,958 | 687 |
South Jersey Industries Inc. | 32,522 | 627 | |
Atlantica Sustainable Infrastructure plc | 18,889 | 557 | |
SJW Group | 9,018 | 547 | |
Northwest Natural Holding Co. | 10,300 | 458 | |
Covanta Holding Corp. | 40,423 | 367 | |
* | Harsco Corp. | 27,200 | 351 |
US Ecology Inc. | 10,864 | 332 | |
Clearway Energy Inc. Class A | 7,906 | 207 | |
Ormat Technologies Inc. (XTAE) | 2,610 | 178 | |
377,057 | |||
11,387,058 | |||
Total Common Stocks (Cost $16,542,921) | 19,896,085 |
140
Vanguard® Total World Stock Index Fund
Schedule of Investments
October 31, 2020
Coupon | Shares | Market Value ($000) | |||
Temporary Cash Investments (0.9%) | |||||
Money Market Fund (0.9%) | |||||
3,4 | Vanguard Market Liquidity Fund | 0.112% | 1,819,135 | 181,913 | |
Maturity Date | Face Amount ($000) | ||||
U.S. Government and Agency Obligations (0.0%) | |||||
5 | United States Cash Management Bill | 0.145% | 12/15/20 | 5,200 | 5,199 |
5 | United States Cash Management Bill | 0.115% | 2/16/21 | 577 | 577 |
5 | United States Treasury Bill | 0.095% | 1/28/21 | 1,724 | 1,724 |
7,500 | |
Total Temporary Cash Investments (Cost $189,401) | 189,413 |
Total Investments (100.3%) (Cost $16,732,322) | 20,085,498 |
Other Assets and Liabilities—Net (-0.3%) | (66,814) |
Net Assets (100%) | 20,018,684 |
Cost is in $000. | |||||||
* | Non-income-producing security. | ||||||
^ | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $111,926,000. | ||||||
§ | Security value determined using significant unobservable inputs. | ||||||
1 | Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At October 31, 2020, the aggregate value of these securities was $283,100,000, representing 1.4% of net assets. | ||||||
2 | “Other” represents securities that are not classified by the fund's benchmark index. | ||||||
3 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. | ||||||
4 | Collateral of $120,496,000 was received for securities on loan, of which $120,342,000 is held in Vanguard Market Liquidity Fund and $154,000 is held in cash. | ||||||
5 | Securities with a value of $7,500,000 have been segregated as initial margin for open futures contracts. | ||||||
ADR—American Depositary Receipt. | |||||||
CVR—Contingent Value Rights. | |||||||
GDR—Global Depositary Receipt. | |||||||
NVDR—Non-Voting Depository Receipt. | |||||||
REIT—Real Estate Investment Trust. | |||||||
141
© 2020 The Vanguard Group, Inc. | |
All rights reserved. | |
Vanguard Marketing Corporation, Distributor. | |
SNA6280 122020 |
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Common Stocks (99.0%) | |||
Australia (4.6%) | |||
CSL Ltd. | 805,734 | 163,128 | |
Commonwealth Bank of Australia | 3,159,548 | 153,402 | |
BHP Group Ltd. | 5,253,398 | 125,933 | |
Westpac Banking Corp. | 6,444,502 | 81,568 | |
National Australia Bank Ltd. | 5,751,293 | 75,244 | |
Australia & New Zealand Banking Group Ltd. | 5,067,384 | 67,248 | |
Wesfarmers Ltd. | 2,031,390 | 65,756 | |
Woolworths Group Ltd. | 2,255,920 | 60,685 | |
Macquarie Group Ltd. | 576,627 | 51,412 | |
Transurban Group | 4,900,252 | 46,404 | |
Rio Tinto Ltd. | 665,399 | 43,287 | |
Goodman Group | 3,223,022 | 41,716 | |
Fortescue Metals Group Ltd. | 2,858,919 | 34,975 | |
Newcrest Mining Ltd. | 1,444,065 | 29,946 | |
Amcor plc | 2,856,519 | 29,743 | |
Coles Group Ltd. | 2,278,963 | 28,470 | |
* | Afterpay Ltd. | 381,979 | 26,009 |
Aristocrat Leisure Ltd. | 1,142,809 | 23,013 | |
Woodside Petroleum Ltd. | 1,711,038 | 21,104 | |
Sonic Healthcare Ltd. | 849,150 | 20,798 | |
ASX Ltd. | 348,582 | 19,519 | |
James Hardie Industries plc | 795,692 | 19,319 | |
Brambles Ltd. | 2,738,973 | 18,473 | |
Cochlear Ltd. | 115,348 | 17,216 | |
APA Group | 2,127,135 | 15,682 | |
QBE Insurance Group Ltd. | 2,608,655 | 15,085 | |
Telstra Corp. Ltd. | 7,488,066 | 14,102 | |
Insurance Australia Group Ltd. | 4,137,894 | 13,890 | |
Scentre Group | 9,297,043 | 13,720 | |
Northern Star Resources Ltd. | 1,283,524 | 13,559 | |
Ramsay Health Care Ltd. | 306,651 | 13,436 | |
Suncorp Group Ltd. | 2,281,332 | 13,175 | |
* | Xero Ltd. | 167,996 | 13,033 |
South32 Ltd. | 8,743,125 | 12,476 | |
Dexus | 1,974,293 | 11,945 | |
Stockland | 4,265,704 | 11,535 | |
Santos Ltd. | 3,190,274 | 10,606 | |
Evolution Mining Ltd. | 2,688,838 | 10,541 | |
Mirvac Group | 7,095,700 | 10,523 | |
Lendlease Corp. Ltd. | 1,184,870 | 9,967 | |
GPT Group | 3,512,412 | 9,948 | |
AGL Energy Ltd. | 1,133,941 | 9,939 | |
Magellan Financial Group Ltd. | 246,103 | 9,539 | |
SEEK Ltd. | 621,962 | 9,414 | |
BlueScope Steel Ltd. | 909,316 | 9,392 | |
Medibank Pvt Ltd. | 4,972,419 | 9,334 | |
Sydney Airport | 2,359,495 | 9,047 | |
Origin Energy Ltd. | 3,188,773 | 8,970 | |
Aurizon Holdings Ltd. | 3,318,094 | 8,799 | |
Tabcorp Holdings Ltd. | 3,720,524 | 8,597 | |
Treasury Wine Estates Ltd. | 1,289,586 | 8,314 | |
Ampol Ltd. | 454,702 | 8,291 | |
Coca-Cola Amatil Ltd. | 916,699 | 8,014 | |
Orica Ltd. | 720,095 | 7,730 | |
REA Group Ltd. | 89,588 | 7,450 | |
Computershare Ltd. | 859,423 | 7,345 | |
Charter Hall Group | 826,491 | 7,166 | |
* | Saracen Mineral Holdings Ltd. | 1,778,404 | 7,107 |
Boral Ltd. | 2,179,577 | 6,980 | |
Oil Search Ltd. | 3,733,440 | 6,741 | |
JB Hi-Fi Ltd. | 200,266 | 6,692 |
1
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Atlas Arteria Ltd. | 1,687,057 | 6,683 | |
AMP Ltd. | 6,202,248 | 6,674 | |
Ansell Ltd. | 231,795 | 6,555 | |
Domino's Pizza Enterprises Ltd. | 108,714 | 6,475 | |
OZ Minerals Ltd. | 576,084 | 6,018 | |
* | NEXTDC Ltd. | 657,622 | 5,888 |
Vicinity Centres | 6,708,462 | 5,701 | |
ALS Ltd. | 847,219 | 5,606 | |
Altium Ltd. | 196,791 | 5,165 | |
Qube Holdings Ltd. | 2,608,869 | 4,856 | |
Incitec Pivot Ltd. | 3,418,280 | 4,612 | |
AusNet Services | 3,274,391 | 4,603 | |
Alumina Ltd. | 4,486,566 | 4,532 | |
Bendigo & Adelaide Bank Ltd. | 938,075 | 4,413 | |
Downer EDI Ltd. | 1,265,375 | 3,912 | |
Challenger Ltd. | 1,152,950 | 3,898 | |
Worley Ltd. | 583,957 | 3,893 | |
* | Qantas Airways Ltd. | 1,301,524 | 3,829 |
Metcash Ltd. | 1,841,670 | 3,820 | |
Crown Resorts Ltd. | 637,043 | 3,709 | |
^ | Bank of Queensland Ltd. | 816,901 | 3,685 |
Appen Ltd. | 158,800 | 3,617 | |
Cleanaway Waste Management Ltd. | 2,404,185 | 3,466 | |
Star Entertainment Grp Ltd. | 1,488,488 | 3,430 | |
IDP Education Ltd. | 249,657 | 3,387 | |
* | TPG Telecom Ltd. | 663,660 | 3,350 |
Harvey Norman Holdings Ltd. | 1,068,146 | 3,341 | |
carsales.com Ltd. | 223,994 | 3,273 | |
Seven Group Holdings Ltd. | 239,464 | 3,270 | |
Orora Ltd. | 1,751,510 | 3,174 | |
Shopping Centres Australasia Property Group | 1,919,821 | 3,132 | |
Mineral Resources Ltd. | 175,672 | 3,085 | |
WiseTech Global Ltd. | 146,116 | 2,980 | |
^ | Washington H Soul Pattinson & Co. Ltd. | 167,033 | 2,974 |
Iluka Resources Ltd. | 762,332 | 2,762 | |
CSR Ltd. | 867,838 | 2,687 | |
Beach Energy Ltd. | 3,191,437 | 2,646 | |
* | Vocus Group Ltd. | 1,082,877 | 2,622 |
* | CIMIC Group Ltd. | 172,829 | 2,612 |
IOOF Holdings Ltd. | 1,143,376 | 2,348 | |
* | Deterra Royalties Ltd. | 762,332 | 2,106 |
* | Flight Centre Travel Group Ltd. | 259,041 | 2,050 |
Sims Ltd. | 296,467 | 1,994 | |
Adbri Ltd. | 811,033 | 1,612 | |
Perpetual Ltd. | 78,515 | 1,503 | |
* | Nufarm Ltd. | 569,502 | 1,377 |
^ | Whitehaven Coal Ltd. | 1,583,056 | 1,185 |
Platinum Asset Management Ltd. | 534,125 | 1,146 | |
Domain Holdings Australia Ltd. | 408,442 | 1,133 | |
*,^ | Tuas Ltd. | 323,096 | 171 |
1,819,412 | |||
Austria (0.1%) | |||
* | Erste Group Bank AG | 510,310 | 10,490 |
Verbund AG | 116,872 | 6,741 | |
OMV AG | 255,082 | 5,897 | |
voestalpine AG | 206,254 | 5,735 | |
Andritz AG | 125,611 | 4,236 | |
* | Raiffeisen Bank International AG | 236,058 | 3,408 |
Telekom Austria AG Class A | 249,495 | 1,678 | |
Vienna Insurance Group AG Wiener Versicherung Gruppe | 71,228 | 1,446 | |
39,631 | |||
Belgium (0.6%) | |||
Anheuser-Busch InBev SA/NV | 1,481,365 | 76,626 | |
KBC Group NV | 490,774 | 24,248 |
2
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Ucb SA | 216,003 | 21,335 | |
* | Argenx SE | 81,878 | 20,432 |
Groupe Bruxelles Lambert SA | 192,615 | 15,796 | |
Umicore SA | 366,653 | 14,135 | |
Ageas SA/NV | 318,124 | 12,811 | |
Solvay SA Class A | 124,033 | 10,078 | |
Sofina SA | 27,567 | 7,165 | |
Elia Group SA/NV | 63,295 | 6,122 | |
Etablissements Franz Colruyt NV | 93,826 | 5,550 | |
* | Ackermans & van Haaren NV | 40,338 | 4,965 |
Proximus SADP | 251,247 | 4,884 | |
Telenet Group Holding NV | 83,402 | 3,208 | |
227,355 | |||
Brazil (1.4%) | |||
B3 SA - Brasil Bolsa Balcao | 3,684,492 | 32,781 | |
Vale SA | 2,979,473 | 31,441 | |
Vale SA Class B ADR | 2,751,585 | 29,084 | |
Itau Unibanco Holding SA ADR | 6,266,601 | 25,630 | |
Magazine Luiza SA | 4,773,060 | 20,488 | |
Petroleo Brasileiro SA ADR (Preference Shares) | 3,036,130 | 20,069 | |
Banco Bradesco SA ADR | 5,580,502 | 19,532 | |
Weg SA | 1,333,610 | 17,624 | |
Petroleo Brasileiro SA | 3,978,925 | 13,175 | |
Itausa - Investimentos Itau SA Preference Shares | 8,185,540 | 12,967 | |
Natura & Co. Holding SA | 1,511,708 | 12,145 | |
* | Suzano SA | 1,289,928 | 11,252 |
Localiza Rent a Car SA | 999,944 | 10,575 | |
Itau Unibanco Holding SA Preference Shares | 2,564,482 | 10,494 | |
Notre Dame Intermedica Participacoes SA | 825,940 | 9,464 | |
Lojas Renner SA | 1,435,031 | 9,366 | |
Raia Drogasil SA | 2,069,000 | 8,676 | |
Ambev SA ADR | 3,969,675 | 8,495 | |
Banco do Brasil SA | 1,563,881 | 8,122 | |
Petroleo Brasileiro SA ADR | 1,099,469 | 7,289 | |
Petroleo Brasileiro SA Preference Shares | 2,158,201 | 7,124 | |
Ambev SA | 3,309,101 | 7,024 | |
* | Rumo SA | 2,185,758 | 6,986 |
Banco Bradesco SA | 2,051,143 | 6,495 | |
Lojas Americanas SA Preference Shares | 1,561,865 | 6,323 | |
Jbs SA | 1,781,645 | 6,039 | |
* | Via Varejo SA | 1,982,108 | 5,928 |
Banco BTG Pactual SA | 466,884 | 5,899 | |
Equatorial Energia SA | 1,642,150 | 5,704 | |
Banco Bradesco SA Preference Shares | 1,527,813 | 5,368 | |
BB Seguridade Participacoes SA | 1,238,500 | 5,111 | |
Cia de Saneamento Basico do Estado de Sao Paulo | 623,065 | 4,615 | |
* | B2W Cia Digital | 350,909 | 4,601 |
Petrobras Distribuidora SA | 1,318,797 | 4,408 | |
1 | Hapvida Participacoes e Investimentos SA | 384,515 | 4,314 |
Totvs SA | 877,478 | 4,129 | |
Ultrapar Participacoes SA | 1,408,272 | 4,020 | |
Ccr SA | 2,017,393 | 3,924 | |
Banco Santander Brasil SA | 687,275 | 3,839 | |
Centrais Eletricas Brasileiras SA | 704,748 | 3,815 | |
Gerdau SA ADR | 941,786 | 3,588 | |
Telefonica Brasil SA Preference Shares | 478,935 | 3,551 | |
Hypera SA | 728,619 | 3,543 | |
Sul America SA | 507,194 | 3,535 | |
Gerdau SA Preference Shares | 916,080 | 3,482 | |
Bradespar SA Preference Shares | 407,700 | 3,321 | |
Cosan SA | 284,334 | 3,220 | |
* | Brf SA | 1,093,832 | 3,199 |
* | Eneva SA | 320,300 | 2,936 |
Centrais Eletricas Brasileiras SA Preference Shares | 526,176 | 2,842 |
3
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Cia de Locacao das Americas | 621,100 | 2,721 | |
TIM SA | 1,287,930 | 2,660 | |
Klabin SA | 640,020 | 2,648 | |
Energisa SA | 350,024 | 2,560 | |
Cogna Educacao | 3,361,881 | 2,514 | |
Qualicorp Consultoria e Corretora de Seguros SA | 447,292 | 2,481 | |
Engie Brasil Energia SA | 337,210 | 2,344 | |
Atacadao SA | 717,412 | 2,307 | |
Alpargatas SA Preference Shares | 317,700 | 2,244 | |
^ | Cia Siderurgica Nacional SA ADR | 615,490 | 2,197 |
Fleury SA | 458,938 | 2,188 | |
YDUQS Participacoes SA | 542,192 | 2,166 | |
Transmissora Alianca de Energia Eletrica SA | 438,556 | 2,152 | |
IRB Brasil Resseguros S/A | 1,997,219 | 2,137 | |
Telefonica Brasil SA ADR | 286,339 | 2,107 | |
Cyrela Brazil Realty SA Empreendimentos e Participacoes | 516,200 | 2,050 | |
Cia Siderurgica Nacional SA | 560,600 | 2,007 | |
* | BR Malls Participacoes SA | 1,409,178 | 2,004 |
* | Azul SA Prior Preference Shares. | 503,726 | 1,980 |
Cia de Saneamento do Parana | 469,600 | 1,939 | |
Duratex SA | 552,400 | 1,846 | |
Cia Brasileira de Distribuicao | 170,282 | 1,838 | |
CPFL Energia SA | 369,600 | 1,795 | |
EDP - Energias do Brasil SA | 586,869 | 1,739 | |
Cia Energetica de Sao Paulo Preference Shares | 364,900 | 1,697 | |
Cia Energetica de Minas Gerais Preference Shares | 930,005 | 1,661 | |
Multiplan Empreendimentos Imobiliarios SA | 487,917 | 1,613 | |
Cia de Transmissao de Energia Eletrica Paulista Preference Shares | 382,496 | 1,567 | |
Cia Paranaense de Energia ADR | 136,574 | 1,475 | |
Usinas Siderurgicas de Minas Gerais SA Preference Shares | 757,700 | 1,439 | |
Porto Seguro SA | 173,512 | 1,434 | |
Cia Energetica de Minas Gerais ADR | 763,898 | 1,398 | |
Cia Brasileira de Distribuicao ADR | 127,955 | 1,377 | |
Neoenergia SA | 448,300 | 1,359 | |
Cielo SA | 2,047,776 | 1,203 | |
Lojas Americanas SA | 338,685 | 1,191 | |
Sao Martinho SA | 300,200 | 1,101 | |
1 | Banco Inter SA Preference Shares | 378,200 | 1,088 |
* | Embraer SA ADR | 260,246 | 1,072 |
Odontoprev SA | 486,800 | 1,070 | |
M Dias Branco SA | 168,686 | 954 | |
* | Aliansce Sonae Shopping Centers sa | 234,100 | 939 |
* | Braskem SA Preference Shares | 202,500 | 806 |
Banco do Estado do Rio Grande do Sul SA Preference Shares | 379,600 | 794 | |
Grendene SA | 528,200 | 738 | |
Cia Energetica de Minas Gerais | 349,006 | 707 | |
* | Cosan Logistica SA | 227,700 | 650 |
* | Braskem SA ADR | 71,344 | 568 |
Cia Paranaense de Energia | 52,708 | 504 | |
Banco Inter SA | 159,100 | 477 | |
Itau Unibanco Holding SA | 120,506 | 462 | |
TIM SA ADR | 39,321 | 405 | |
Guararapes Confeccoes SA | 164,900 | 391 | |
Cia Paranaense de Energia Preference Shares | 35,700 | 384 | |
Telefonica Brasil SA | 46,420 | 345 | |
Ez Tec Empreendimentos e Participacoes SA | 54,700 | 335 | |
* | Embraer SA | 313,800 | 330 |
* | Brf SA ADR | 50,677 | 150 |
CVC Brasil Operadora e Agencia de Viagens SA | 42,147 | 90 | |
* | CVC Brasil Operadora e Agencia de Viagens SA Warrants | 37,468 | 13 |
541,963 | |||
Canada (5.5%) | |||
Royal Bank of Canada | 2,530,167 | 176,920 |
4
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Shopify Inc. Class A (XTSE) | 187,944 | 173,263 |
Toronto-Dominion Bank | 3,210,567 | 141,648 | |
Canadian National Railway Co. | 1,265,089 | 125,673 | |
Enbridge Inc. (XTSE) | 3,565,305 | 98,238 | |
Bank of Nova Scotia | 2,145,203 | 89,122 | |
Brookfield Asset Management Inc. Class A | 2,474,254 | 73,524 | |
Canadian Pacific Railway Ltd. | 242,429 | 72,447 | |
^ | Bank of Montreal | 1,138,187 | 67,772 |
TC Energy Corp. | 1,672,169 | 65,817 | |
Canadian Imperial Bank of Commerce | 791,988 | 59,077 | |
Barrick Gold Corp. (XTSE) | 2,107,578 | 56,348 | |
Waste Connections Inc. | 473,108 | 46,895 | |
Manulife Financial Corp. | 3,439,711 | 46,627 | |
Franco-Nevada Corp. | 335,896 | 45,782 | |
Alimentation Couche-Tard Inc. Class B | 1,484,538 | 45,718 | |
Sun Life Financial Inc. | 1,041,638 | 41,445 | |
Nutrien Ltd. | 1,015,204 | 41,270 | |
Wheaton Precious Metals Corp. | 803,661 | 36,880 | |
Constellation Software Inc. | 34,151 | 35,850 | |
Agnico Eagle Mines Ltd. | 432,855 | 34,266 | |
Canadian Natural Resources Ltd. | 2,056,932 | 32,731 | |
^ | Fortis Inc. | 828,354 | 32,723 |
Suncor Energy Inc. | 2,708,283 | 30,553 | |
National Bank of Canada | 599,714 | 28,782 | |
Barrick Gold Corp. (XLON) | 1,025,962 | 27,341 | |
Restaurant Brands International Inc. | 521,381 | 27,092 | |
Intact Financial Corp. | 255,121 | 26,353 | |
* | CGI Inc. | 411,689 | 25,545 |
Rogers Communications Inc. Class B | 624,688 | 25,376 | |
Magna International Inc. | 486,574 | 24,845 | |
Thomson Reuters Ord Shs | 302,262 | 23,499 | |
BCE Inc. | 539,846 | 21,694 | |
Metro Inc. | 450,039 | 20,994 | |
Pembina Pipeline Corp. | 977,456 | 20,462 | |
Power Corp. of Canada | 973,353 | 18,535 | |
Dollarama Inc. | 517,592 | 17,824 | |
Loblaw Cos. Ltd. | 292,303 | 14,550 | |
Shaw Communications Inc. Class B | 818,224 | 13,480 | |
TELUS Corp. | 763,490 | 13,054 | |
Fairfax Financial Holdings Ltd. | 47,889 | 12,589 | |
1 | Hydro One Ltd. | 561,368 | 12,266 |
^ | Canadian Tire Corp. Ltd. Class A | 101,657 | 11,352 |
Teck Resources Ltd. Class B | 829,086 | 10,896 | |
Saputo Inc. | 420,112 | 10,226 | |
Great-West Lifeco Inc. | 477,718 | 9,735 | |
* | Bausch Health Cos. Inc. | 555,743 | 9,156 |
George Weston Ltd. | 126,068 | 8,841 | |
* | Stars Group Inc. | 213,929 | 8,342 |
*,^ | Canopy Growth Corp. | 404,851 | 7,606 |
Cenovus Energy Inc. | 1,821,187 | 5,960 | |
^ | Imperial Oil Ltd. | 396,654 | 5,276 |
^ | Canadian Utilities Ltd. Class A | 222,558 | 5,202 |
* | Shopify Inc. Class A (XNYS) | 3,703 | 3,427 |
IGM Financial Inc. | 146,372 | 3,213 | |
Enbridge Inc. (XNYS) | 30,400 | 838 | |
Barrick Gold Corp. (XNYS) | 23,670 | 633 | |
* | Constellation Software Inc. Rights | 63,514 | — |
2,145,573 | |||
Chile (0.1%) | |||
Empresas COPEC SA | 875,039 | 6,676 | |
Sociedad Quimica y Minera de Chile SA ADR | 176,899 | 6,547 | |
Banco de Chile | 77,931,778 | 6,016 | |
Empresas CMPC SA | 2,151,185 | 4,473 | |
Enel Americas SA ADR | 630,470 | 4,098 |
5
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Falabella SA | 1,413,126 | 3,874 | |
Cencosud SA | 2,418,828 | 3,362 | |
Banco Santander Chile ADR | 212,728 | 2,953 | |
Enel Americas SA | 20,232,431 | 2,684 | |
Banco de Credito e Inversiones SA | 85,151 | 2,665 | |
Enel Chile SA | 30,780,956 | 2,065 | |
Colbun SA | 13,117,670 | 1,980 | |
Cia Cervecerias Unidas SA | 265,864 | 1,478 | |
Sociedad Quimica y Minera de Chile SA Preference Shares Class B | 40,117 | 1,466 | |
Empresa Nacional de Telecomunicaciones SA | 248,092 | 1,398 | |
Parque Arauco SA | 1,089,317 | 1,398 | |
Aguas Andinas SA Class A | 4,641,871 | 1,206 | |
Cencosud Shopping SA | 876,636 | 1,159 | |
Enel Chile SA ADR | 346,852 | 1,155 | |
Engie Energia Chile SA | 890,656 | 938 | |
Banco Santander Chile | 25,843,539 | 905 | |
Itau CorpBanca Chile SA | 307,847,806 | 812 | |
AES Gener SA | 5,059,354 | 785 | |
Embotelladora Andina SA Preference Shares | 335,712 | 699 | |
Plaza SA | 540,607 | 689 | |
61,481 | |||
China (12.9%) | |||
* | Alibaba Group Holding Ltd. ADR | 3,121,237 | 951,010 |
Tencent Holdings Ltd. | 10,181,801 | 777,947 | |
* | Meituan Dianping Class B | 6,379,513 | 237,823 |
* | JD.com Inc. ADR | 1,522,117 | 124,083 |
China Construction Bank Corp. Class H | 160,949,544 | 110,912 | |
Ping An Insurance Group Co. of China Ltd. | 9,180,189 | 94,920 | |
Industrial & Commercial Bank of China Ltd. Class H | 142,722,640 | 81,047 | |
* | Baidu Inc. ADR | 487,268 | 64,831 |
*,1 | Xiaomi Corp. Class B | 21,811,354 | 62,032 |
China Mobile Ltd. | 9,450,067 | 57,802 | |
NetEase Inc. ADR | 665,810 | 57,786 | |
* | NIO Inc. ADR | 1,708,416 | 52,243 |
*,1 | Wuxi Biologics Cayman Inc. | 1,680,593 | 47,197 |
* | TAL Education Group ADR | 686,589 | 45,631 |
* | Pinduoduo Inc. ADR | 491,613 | 44,235 |
Bank of China Ltd. Class H | 139,967,788 | 44,210 | |
Kweichow Moutai Co. Ltd. Class A | 158,212 | 39,529 | |
* | New Oriental Education & Technology Group Inc. ADR | 245,289 | 39,339 |
China Merchants Bank Co. Ltd. Class H | 7,048,320 | 36,714 | |
China Life Insurance Co. Ltd. Class H | 13,691,341 | 29,873 | |
CNOOC Ltd. | 28,661,400 | 26,224 | |
BYD Co. Ltd. Class H | 1,266,355 | 25,599 | |
* | Trip.com Group Ltd. ADR | 838,926 | 24,128 |
ANTA Sports Products Ltd. | 2,153,368 | 23,905 | |
China Mengniu Dairy Co. Ltd. | 4,779,849 | 22,534 | |
Shenzhou International Group Holdings Ltd. | 1,289,815 | 22,442 | |
* | Semiconductor Manufacturing International Corp. | 7,468,917 | 22,034 |
Ping An Insurance Group Co. of China Ltd. Class A | 1,886,200 | 21,951 | |
ZTO Express Cayman Inc. ADR | 696,287 | 20,178 | |
China Resources Land Ltd. | 4,910,214 | 20,081 | |
Geely Automobile Holdings Ltd. | 9,488,810 | 19,498 | |
* | Alibaba Health Information Technology Ltd. | 7,419,236 | 19,456 |
Agricultural Bank of China Ltd. Class H | 56,980,233 | 19,386 | |
Sunny Optical Technology Group Co. Ltd. | 1,166,119 | 19,361 | |
China Petroleum & Chemical Corp. Class H | 46,891,284 | 18,310 | |
Wuliangye Yibin Co. Ltd. Class A | 488,308 | 17,854 | |
Sino Biopharmaceutical Ltd. | 17,507,853 | 17,735 | |
China Resources Beer Holdings Co. Ltd. | 2,807,860 | 17,422 | |
China Overseas Land & Investment Ltd. | 6,887,820 | 17,301 | |
ENN Energy Holdings Ltd. | 1,358,312 | 17,191 | |
1 | Longfor Group Holdings Ltd. | 3,114,934 | 17,067 |
*,1 | Innovent Biologics Inc. | 2,260,179 | 16,759 |
6
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Li Ning Co. Ltd. | 3,210,117 | 16,731 | |
Sunac China Holdings Ltd. | 4,439,064 | 16,452 | |
Country Garden Holdings Co. Ltd. | 13,299,756 | 16,437 | |
* | Vipshop Holdings Ltd. | 749,614 | 16,042 |
CSPC Pharmaceutical Group Ltd. | 15,056,220 | 15,989 | |
China Pacific Insurance Group Co. Ltd. Class H | 4,864,495 | 15,223 | |
China Gas Holdings Ltd. | 4,701,839 | 14,449 | |
Country Garden Services Holdings Co. Ltd. | 2,244,293 | 14,134 | |
China Merchants Bank Co. Ltd. Class A | 2,333,800 | 13,888 | |
Anhui Conch Cement Co. Ltd. Class H | 2,189,155 | 13,694 | |
* | KE Holdings Inc. ADR | 190,689 | 13,301 |
1 | China Tower Corp. Ltd. Class H | 83,966,342 | 13,140 |
China Conch Venture Holdings Ltd. | 2,915,369 | 12,982 | |
* | GDS Holdings Ltd. ADR | 151,459 | 12,729 |
Xinyi Solar Holdings Ltd. | 6,873,662 | 12,557 | |
* | Tencent Music Entertainment Group ADR | 829,822 | 12,348 |
* | Bilibili Inc. ADR | 256,800 | 11,471 |
Huazhu Group Ltd. ADR | 287,548 | 11,396 | |
China Shenhua Energy Co. Ltd. Class H | 6,566,888 | 11,378 | |
Yihai International Holding Ltd. | 846,000 | 11,238 | |
China Vanke Co. Ltd. Class H | 3,580,598 | 11,114 | |
Kingdee International Software Group Co. Ltd. | 3,994,000 | 10,545 | |
PetroChina Co. Ltd. Class H | 37,277,234 | 10,469 | |
* | iQIYI Inc. ADR | 405,198 | 10,008 |
1 | China Feihe Ltd. | 4,380,000 | 9,966 |
Autohome Inc. ADR | 102,113 | 9,757 | |
* | Zai Lab Ltd. ADR | 117,560 | 9,646 |
1 | Haidilao International Holding Ltd. | 1,450,000 | 9,605 |
Great Wall Motor Co. Ltd. Class H | 5,902,303 | 9,556 | |
CITIC Securities Co. Ltd. Class H | 4,345,490 | 9,422 | |
Shimao Group Holdings Ltd. | 2,520,628 | 8,929 | |
Jiangsu Hengrui Medicine Co. Ltd. Class A | 667,782 | 8,882 | |
*,1 | Ping An Healthcare and Technology Co. Ltd. | 684,721 | 8,835 |
Hengan International Group Co. Ltd. | 1,263,308 | 8,812 | |
JOYY Inc. ADR | 95,999 | 8,772 | |
^ | China Evergrande Group | 4,269,377 | 8,514 |
Haier Electronics Group Co. Ltd. | 2,217,646 | 8,454 | |
1 | Postal Savings Bank of China Co. Ltd. Class H | 16,975,000 | 8,331 |
Kingsoft Corp. Ltd. | 1,542,944 | 8,300 | |
PICC Property & Casualty Co. Ltd. Class H | 12,160,594 | 8,254 | |
Shandong Weigao Group Medical Polymer Co. Ltd. Class H | 4,122,328 | 7,995 | |
China National Building Material Co. Ltd. Class H | 6,896,272 | 7,938 | |
Hangzhou Hikvision Digital Technology Co. Ltd. Class A | 1,180,900 | 7,938 | |
Zhongsheng Group Holdings Ltd. | 1,108,048 | 7,901 | |
Guangdong Investment Ltd. | 5,273,851 | 7,822 | |
Zijin Mining Group Co. Ltd. Class H | 10,727,955 | 7,821 | |
China Telecom Corp. Ltd. Class H | 24,909,541 | 7,819 | |
*,1 | Hansoh Pharmaceutical Group Co. Ltd. | 1,734,000 | 7,761 |
WuXi AppTec Co. Ltd. Class A | 443,701 | 7,495 | |
Luxshare Precision Industry Co. Ltd. Class A | 900,039 | 7,372 | |
Agricultural Bank of China Ltd. Class A | 15,598,400 | 7,339 | |
China Tourism Group Duty Free Corp. Ltd. Class A | 244,753 | 7,296 | |
China Minsheng Banking Corp. Ltd. Class H | 13,246,733 | 7,250 | |
Bank of Communications Co. Ltd. Class H | 14,641,925 | 7,204 | |
Industrial Bank Co. Ltd. Class A | 2,645,800 | 7,039 | |
China Resources Gas Group Ltd. | 1,608,547 | 6,989 | |
Weichai Power Co. Ltd. Class H | 3,602,438 | 6,831 | |
China CITIC Bank Corp. Ltd. Class H | 16,708,362 | 6,800 | |
Shenzhen Mindray Bio-Medical Electronics Co. Ltd. Class A | 115,865 | 6,707 | |
Gree Electric Appliances Inc. of Zhuhai Class A | 764,400 | 6,702 | |
Tsingtao Brewery Co. Ltd. Class H | 808,108 | 6,696 | |
New China Life Insurance Co. Ltd. Class H | 1,666,538 | 6,661 | |
Ping An Bank Co. Ltd. Class A | 2,473,900 | 6,565 | |
China Unicom Hong Kong Ltd. | 10,610,713 | 6,540 |
7
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
CITIC Ltd. | 8,789,275 | 6,284 | |
Guangzhou Automobile Group Co. Ltd. Class H | 5,877,847 | 6,043 | |
BYD Electronic International Co. Ltd. | 1,354,000 | 5,835 | |
Industrial & Commercial Bank of China Ltd. Class A | 7,628,100 | 5,606 | |
LONGi Green Energy Technology Co. Ltd. Class A | 479,500 | 5,452 | |
* | Haitong Securities Co. Ltd. Class H | 6,360,593 | 5,388 |
China Jinmao Holdings Group Ltd. | 10,474,005 | 5,307 | |
1 | Huatai Securities Co. Ltd. Class H | 3,265,775 | 5,289 |
*,^ | GSX Techedu Inc. ADR | 79,132 | 5,256 |
Sinopharm Group Co. Ltd. Class H | 2,252,603 | 5,175 | |
Shanghai Pudong Development Bank Co. Ltd. Class A | 3,736,600 | 5,169 | |
China Yangtze Power Co. Ltd. Class A | 1,815,479 | 5,150 | |
China Resources Cement Holdings Ltd. | 3,913,334 | 5,124 | |
CITIC Securities Co. Ltd. Class A | 1,179,821 | 5,061 | |
China Construction Bank Corp. Class A | 5,289,000 | 4,970 | |
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd. Class A | 191,900 | 4,826 | |
Fosun International Ltd. | 3,995,635 | 4,825 | |
Luzhou Laojiao Co. Ltd. Class A | 186,800 | 4,825 | |
Aier Eye Hospital Group Co. Ltd. Class A | 512,307 | 4,772 | |
Muyuan Foods Co. Ltd. Class A | 449,098 | 4,763 | |
BYD Co. Ltd. Class A | 199,000 | 4,748 | |
Wanhua Chemical Group Co. Ltd. Class A | 401,000 | 4,714 | |
1 | Fuyao Glass Industry Group Co. Ltd. Class H | 1,096,710 | 4,653 |
China Communications Construction Co. Ltd. Class H | 8,763,026 | 4,589 | |
*,1 | China International Capital Corp. Ltd. Class H | 1,963,126 | 4,587 |
Inner Mongolia Yili Industrial Group Co. Ltd. Class A | 770,200 | 4,577 | |
* | China Biologic Products Holdings Inc. | 39,329 | 4,570 |
1 | CGN Power Co. Ltd. Class H | 21,230,267 | 4,553 |
China Vanke Co. Ltd. Class A | 1,073,500 | 4,427 | |
1 | People's Insurance Co. Group of China Ltd. Class H | 14,718,161 | 4,380 |
Kingboard Holdings Ltd. | 1,269,048 | 4,298 | |
SAIC Motor Corp. Ltd. Class A | 1,229,021 | 4,255 | |
* | Weibo Corp. ADR | 102,313 | 4,251 |
Shanghai Fosun Pharmaceutical Group Co. Ltd. Class H | 1,028,246 | 4,244 | |
CIFI Holdings Group Co. Ltd. | 6,110,000 | 4,233 | |
Brilliance China Automotive Holdings Ltd. | 4,890,396 | 4,221 | |
* | SINA Corp. | 98,390 | 4,216 |
China Longyuan Power Group Corp. Ltd. Class H | 6,120,785 | 4,195 | |
Sany Heavy Industry Co. Ltd. Class A | 1,070,600 | 4,161 | |
Momo Inc. ADR | 276,596 | 4,149 | |
SF Holding Co. Ltd. Class A | 323,095 | 4,002 | |
China State Construction Engineering Corp. Ltd. Class A | 5,207,829 | 3,981 | |
Pharmaron Beijing Co. Ltd. Class A | 229,368 | 3,942 | |
1 | China Galaxy Securities Co. Ltd. Class H | 7,042,277 | 3,865 |
GF Securities Co. Ltd. Class H | 2,982,026 | 3,856 | |
China Taiping Insurance Holdings Co. Ltd. | 2,535,164 | 3,828 | |
Nine Dragons Paper Holdings Ltd. | 2,866,292 | 3,823 | |
Shanxi Xinghuacun Fen Wine Factory Co. Ltd. Class A | 111,900 | 3,765 | |
Beijing Enterprises Water Group Ltd. | 9,834,280 | 3,741 | |
Contemporary Amperex Technology Co. Ltd. Class A | 101,397 | 3,724 | |
Far East Horizon Ltd. | 3,765,070 | 3,714 | |
Chongqing Zhifei Biological Products Co. Ltd. Class A | 153,900 | 3,686 | |
Bank of Ningbo Co. Ltd. Class A | 724,900 | 3,683 | |
Shandong Gold Mining Co. Ltd. Class A | 1,011,763 | 3,620 | |
East Money Information Co. Ltd. Class A | 1,024,980 | 3,591 | |
Dongfeng Motor Group Co. Ltd. Class H | 5,082,627 | 3,580 | |
* | JD.com Inc. Class A | 87,549 | 3,571 |
TravelSky Technology Ltd. Class H | 1,691,703 | 3,566 | |
China Life Insurance Co. Ltd. Class A | 514,300 | 3,549 | |
Foshan Haitian Flavouring & Food Co. Ltd. Class A | 148,260 | 3,548 | |
* | 51job Inc. ADR | 50,164 | 3,516 |
China Resources Power Holdings Co. Ltd. | 3,376,409 | 3,514 | |
Poly Developments and Holdings Group Co. Ltd. Class A | 1,520,295 | 3,495 | |
Kunlun Energy Co. Ltd. | 5,395,523 | 3,493 |
8
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Anhui Conch Cement Co. Ltd. Class A | 456,000 | 3,472 | |
Agile Group Holdings Ltd. | 2,483,637 | 3,408 | |
China Hongqiao Group Ltd. | 4,625,000 | 3,346 | |
Shanghai Baosight Software Co. Ltd. Class B | 848,545 | 3,314 | |
1 | Topsports International Holdings Ltd. | 2,406,000 | 3,299 |
China Everbright Environment Group Ltd. | 6,398,362 | 3,228 | |
Bank of China Ltd. Class A | 6,770,623 | 3,216 | |
*,^,1 | China Literature Ltd. | 385,400 | 3,166 |
ZTE Corp. Class H | 1,421,188 | 3,142 | |
* | Alibaba Pictures Group Ltd. | 23,938,648 | 3,126 |
*,^,1 | ZhongAn Online P&C Insurance Co. Ltd. Class H | 597,223 | 3,126 |
CRRC Corp. Ltd. Class H | 8,028,053 | 3,114 | |
Huaneng Power International Inc. Class H | 8,257,982 | 3,085 | |
China Railway Group Ltd. Class H | 6,687,352 | 3,078 | |
KWG Group Holdings Ltd. | 2,279,409 | 3,023 | |
China Cinda Asset Management Co. Ltd. Class H | 16,085,693 | 3,018 | |
Sinotruk Hong Kong Ltd. | 1,175,699 | 3,007 | |
Haier Smart Home Co. Ltd. Class A | 806,796 | 3,002 | |
China Pacific Insurance Group Co. Ltd. Class A | 620,400 | 2,963 | |
* | China Merchants Securities Co. Ltd. Class A | 947,567 | 2,932 |
Hopson Development Holdings Ltd. | 1,144,475 | 2,928 | |
* | COSCO SHIPPING Holdings Co. Ltd. Class H | 4,560,660 | 2,918 |
Henan Shuanghui Investment & Development Co. Ltd. Class A | 390,300 | 2,918 | |
Logan Group Co. Ltd. | 1,856,000 | 2,912 | |
GoerTek Inc. Class A | 428,920 | 2,911 | |
Changchun High & New Technology Industry Group Inc. Class A | 51,682 | 2,896 | |
Kingboard Laminates Holdings Ltd. | 1,804,370 | 2,884 | |
Ganfeng Lithium Co. Ltd. Class A | 304,300 | 2,776 | |
Anhui Gujing Distillery Co. Ltd. Class B | 242,939 | 2,764 | |
1 | Guotai Junan Securities Co. Ltd. Class H | 2,119,000 | 2,762 |
Beijing Enterprises Holdings Ltd. | 911,481 | 2,746 | |
Zhuzhou CRRC Times Electric Co. Ltd. Class H | 888,909 | 2,737 | |
China Lesso Group Holdings Ltd. | 1,668,000 | 2,704 | |
*,1 | China Merchants Securities Co. Ltd. Class H | 2,175,680 | 2,699 |
Yanzhou Coal Mining Co. Ltd. Class H | 3,700,246 | 2,693 | |
Yonyou Network Technology Co. Ltd. Class A | 413,962 | 2,679 | |
Focus Media Information Technology Co. Ltd. Class A | 1,906,100 | 2,666 | |
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd. Class A | 77,597 | 2,665 | |
China Molybdenum Co. Ltd. Class H | 7,319,571 | 2,664 | |
China Railway Construction Corp. Ltd. Class H | 3,894,245 | 2,638 | |
Seazen Group Ltd. | 3,505,888 | 2,628 | |
^,1 | Jinxin Fertility Group Ltd. | 2,132,000 | 2,595 |
Yangzijiang Shipbuilding Holdings Ltd. | 3,797,645 | 2,557 | |
Bank of Communications Co. Ltd. Class A | 3,774,400 | 2,554 | |
Jiangxi Copper Co. Ltd. Class H | 2,134,248 | 2,549 | |
Guangzhou R&F Properties Co. Ltd. Class H | 1,995,933 | 2,538 | |
Mango Excellent Media Co. Ltd. Class A | 227,529 | 2,525 | |
Tongwei Co. Ltd. Class A | 547,300 | 2,520 | |
Haitian International Holdings Ltd. | 1,014,063 | 2,513 | |
*,1 | Tongcheng-Elong Holdings Ltd. | 1,505,600 | 2,506 |
Shanghai Pharmaceuticals Holding Co. Ltd. Class H | 1,613,677 | 2,505 | |
1 | A-Living Services Co. Ltd. Class H | 593,500 | 2,499 |
China United Network Communications Ltd. Class A | 3,495,000 | 2,494 | |
China Merchants Port Holdings Co. Ltd. | 2,342,031 | 2,490 | |
Shenzhen International Holdings Ltd. | 1,597,089 | 2,487 | |
China Communications Services Corp. Ltd. Class H | 4,235,612 | 2,468 | |
China Everbright Bank Co. Ltd. Class A | 4,156,026 | 2,434 | |
Shanghai International Airport Co. Ltd. Class A | 244,400 | 2,418 | |
China Everbright Bank Co. Ltd. Class H | 6,963,872 | 2,413 | |
Zhaojin Mining Industry Co. Ltd. Class H | 1,855,048 | 2,401 | |
*,1 | CanSino Biologics Inc. Class H | 120,800 | 2,364 |
China Minsheng Banking Corp. Ltd. Class A | 2,991,300 | 2,360 | |
China Medical System Holdings Ltd. | 2,226,715 | 2,342 | |
Jiangsu Expressway Co. Ltd. Class H | 2,332,544 | 2,335 |
9
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Shenzhen Kangtai Biological Products Co. Ltd. Class A | 85,564 | 2,323 | |
*,1 | Hua Hong Semiconductor Ltd. | 622,000 | 2,292 |
Yunnan Baiyao Group Co. Ltd. Class A | 148,000 | 2,280 | |
Wingtech Technology Co. Ltd. Class A | 151,400 | 2,277 | |
1 | Dali Foods Group Co. Ltd. | 3,653,197 | 2,268 |
Air China Ltd. Class H | 3,500,115 | 2,264 | |
Zijin Mining Group Co. Ltd. Class A | 2,132,574 | 2,244 | |
China State Construction International Holdings Ltd. | 3,232,567 | 2,242 | |
AviChina Industry & Technology Co. Ltd. Class H | 4,340,954 | 2,239 | |
Will Semiconductor Ltd. Class A | 74,796 | 2,216 | |
Yuexiu Property Co. Ltd. | 11,342,772 | 2,202 | |
ZTE Corp. Class A | 455,879 | 2,199 | |
Shenwan Hongyuan Group Co. Ltd. Class A | 2,913,631 | 2,198 | |
China Oilfield Services Ltd. Class H | 3,628,300 | 2,191 | |
*,^ | GOME Retail Holdings Ltd. | 19,714,203 | 2,190 |
* | Genscript Biotech Corp. | 1,568,000 | 2,183 |
CRRC Corp. Ltd. Class A | 2,691,400 | 2,169 | |
New Hope Liuhe Co. Ltd. Class A | 535,100 | 2,150 | |
Shenzhen Inovance Technology Co. Ltd. Class A | 223,600 | 2,150 | |
Huatai Securities Co. Ltd. Class A | 704,100 | 2,147 | |
Greentown China Holdings Ltd. | 1,314,020 | 2,136 | |
Bosideng International Holdings Ltd. | 4,805,541 | 2,111 | |
Bank of Shanghai Co. Ltd. Class A | 1,768,183 | 2,074 | |
1 | China Huarong Asset Management Co. Ltd. Class H | 19,572,874 | 2,051 |
China Aoyuan Group Ltd. | 2,176,000 | 2,046 | |
Eve Energy Co. Ltd. Class A | 256,364 | 2,044 | |
*,1 | 3SBio Inc. | 2,187,075 | 2,040 |
^,1 | CSC Financial Co. Ltd. Class H | 1,641,500 | 1,991 |
Beijing Capital International Airport Co. Ltd. Class H | 3,250,557 | 1,986 | |
China Everbright Ltd. | 1,500,465 | 1,985 | |
New China Life Insurance Co. Ltd. Class A | 205,000 | 1,970 | |
China Merchants Shekou Industrial Zone Holdings Co. Ltd. Class A | 933,396 | 1,965 | |
Flat Glass Group Co. Ltd. | 655,000 | 1,957 | |
Beijing Oriental Yuhong Waterproof Technology Co. Ltd. Class A | 352,011 | 1,955 | |
China Petroleum & Chemical Corp. Class A | 3,336,000 | 1,945 | |
BOE Technology Group Co. Ltd. Class A | 2,738,200 | 1,940 | |
Zoomlion Heavy Industry Science and Technology Co. Ltd. Class H | 2,192,481 | 1,936 | |
Baoshan Iron & Steel Co. Ltd. Class A | 2,389,600 | 1,908 | |
Bank of Beijing Co. Ltd. Class A | 2,706,200 | 1,888 | |
COSCO SHIPPING Ports Ltd. | 3,219,985 | 1,886 | |
Huayu Automotive Systems Co. Ltd. Class A | 405,269 | 1,885 | |
Guangdong Haid Group Co. Ltd. Class A | 204,100 | 1,880 | |
* | Alibaba Group Holding Ltd. | 49,400 | 1,872 |
Hundsun Technologies Inc. Class A | 133,298 | 1,857 | |
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd. Class B | 2,253,034 | 1,855 | |
Shenzhen Investment Ltd. | 6,054,281 | 1,849 | |
*,^ | China Southern Airlines Co. Ltd. Class H | 3,523,017 | 1,845 |
* | Haitong Securities Co. Ltd. Class A | 873,426 | 1,836 |
NARI Technology Co. Ltd. Class A | 587,400 | 1,825 | |
BOE Technology Group Co. Ltd. Class B | 4,929,137 | 1,816 | |
Times China Holdings Ltd. | 1,359,000 | 1,816 | |
Daqin Railway Co. Ltd. Class A | 1,894,066 | 1,814 | |
Sanan Optoelectronics Co. Ltd. Class A | 541,800 | 1,803 | |
* | China Shipbuilding Industry Co. Ltd. Class A | 2,878,800 | 1,791 |
Huaxia Bank Co. Ltd. Class A | 1,977,198 | 1,790 | |
Chongqing Rural Commercial Bank Co. Ltd. Class H | 4,482,070 | 1,790 | |
Hualan Biological Engineering Inc. Class A | 233,464 | 1,788 | |
Hangzhou Tigermed Consulting Co. Ltd. Class A | 96,000 | 1,783 | |
NAURA Technology Group Co. Ltd. Class A | 68,400 | 1,753 | |
Shanghai Fosun Pharmaceutical Group Co. Ltd. Class A | 215,015 | 1,752 | |
Zhejiang Expressway Co. Ltd. Class H | 2,551,267 | 1,742 | |
China Traditional Chinese Medicine Holdings Co. Ltd. | 4,353,794 | 1,740 | |
Poly Property Services Co. Ltd. | 240,800 | 1,737 | |
^ | Xinjiang Goldwind Science & Technology Co. Ltd. Class H | 1,312,698 | 1,730 |
10
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Suning.com Co. Ltd. Class A | 1,189,500 | 1,726 | |
Lingyi iTech Guangdong Co. Class A | 866,600 | 1,692 | |
Jiangsu Hengli Hydraulic Co. Ltd. Class A | 149,358 | 1,691 | |
Zhejiang Sanhua Intelligent Controls Co. Ltd. Class A | 459,470 | 1,684 | |
1 | Luye Pharma Group Ltd. | 2,834,930 | 1,645 |
* | Aluminum Corp. of China Ltd. Class H | 7,463,377 | 1,630 |
Gigadevice Semiconductor Beijing Inc. Class A | 55,865 | 1,624 | |
Iflytek Co. Ltd. Class A | 281,600 | 1,604 | |
AECC Aviation Power Co. Ltd. Class A | 288,300 | 1,576 | |
TCL Technology Group Corp. Class A | 1,734,300 | 1,568 | |
Citic Pacific Special Steel Group Co. Ltd. Class A | 644,353 | 1,555 | |
1 | WuXi AppTec Co. Ltd. Class H | 97,100 | 1,552 |
*,^ | OneConnect Financial Technology Co. Ltd. ADR | 77,071 | 1,552 |
Glodon Co. Ltd. Class A | 145,100 | 1,545 | |
* | Offcn Education Technology Co. Ltd. Class A | 261,100 | 1,543 |
1 | BAIC Motor Corp. Ltd. Class H | 4,120,192 | 1,524 |
GF Securities Co. Ltd. Class A | 660,600 | 1,523 | |
China Power International Development Ltd. | 7,812,691 | 1,504 | |
* | Shanghai Electric Group Co. Ltd. Class H | 5,289,316 | 1,503 |
* | Founder Securities Co. Ltd. Class A | 1,051,600 | 1,464 |
Walvax Biotechnology Co. Ltd. Class A | 195,400 | 1,457 | |
1 | China Resources Pharmaceutical Group Ltd. | 2,903,000 | 1,451 |
Yonghui Superstores Co. Ltd. Class A | 1,221,497 | 1,427 | |
China Eastern Airlines Corp. Ltd. Class H | 3,559,145 | 1,418 | |
Seazen Holdings Co. Ltd. | 290,897 | 1,415 | |
Everbright Securities Co. Ltd. Class A | 524,095 | 1,413 | |
*,^ | HengTen Networks Group Ltd. | 32,480,941 | 1,412 |
Livzon Pharmaceutical Group Inc. Class H | 315,865 | 1,400 | |
AVIC Shenyang Aircraft Co. Ltd. Class A | 180,200 | 1,397 | |
* | Topchoice Medical Corp. Class A | 41,278 | 1,391 |
Hithink RoyalFlush Information Network Co. Ltd. Class A | 68,666 | 1,389 | |
Guotai Junan Securities Co. Ltd. Class A | 500,800 | 1,380 | |
China Railway Construction Corp. Ltd. Class A | 1,099,600 | 1,371 | |
* | Maxscend Microelectronics Co. Ltd. Class A | 21,100 | 1,369 |
Yunnan Energy New Material Co. Ltd. Class A | 91,310 | 1,366 | |
1 | China East Education Holdings Ltd. | 706,000 | 1,361 |
Sinopec Shanghai Petrochemical Co. Ltd. Class H | 7,310,331 | 1,351 | |
1 | Legend Holdings Corp. Class H | 996,870 | 1,341 |
Shaanxi Coal Industry Co. Ltd. Class A | 1,022,600 | 1,339 | |
Unigroup Guoxin Microelectronics Co. Ltd. Class A | 82,697 | 1,330 | |
Weichai Power Co. Ltd. Class A | 586,988 | 1,328 | |
* | Meinian Onehealth Healthcare Holdings Co. Ltd. Class A | 510,640 | 1,303 |
China Shenhua Energy Co. Ltd. Class A | 523,056 | 1,302 | |
AVIC Aircraft Co. Ltd. Class A | 358,700 | 1,299 | |
*,^,1 | Shanghai Junshi Biosciences Co. Ltd. Class H | 215,200 | 1,294 |
Tianjin Zhonghuan Semiconductor Co. Ltd. Class A | 370,100 | 1,291 | |
Zhejiang Dahua Technology Co. Ltd. Class A | 377,700 | 1,279 | |
Wuhan Guide Infrared Co. Ltd. Class A | 249,920 | 1,267 | |
Bank of Nanjing Co. Ltd. Class A | 1,098,100 | 1,256 | |
China National Nuclear Power Co. Ltd. Class A | 1,886,600 | 1,250 | |
SDIC Power Holdings Co. Ltd. Class A | 901,900 | 1,247 | |
Lens Technology Co. Ltd. Class A | 244,900 | 1,227 | |
Shenzhen Expressway Co. Ltd. Class H | 1,375,216 | 1,227 | |
China International Marine Containers Group Co. Ltd. Class H | 896,986 | 1,219 | |
Jiangsu King's Luck Brewery JSC Ltd. Class A | 156,706 | 1,216 | |
Bank of Hangzhou Co. Ltd. Class A | 623,335 | 1,209 | |
Zhejiang NHU Co. Ltd. Class A | 276,200 | 1,199 | |
Inner Mongolia Yitai Coal Co. Ltd. Class B | 1,865,614 | 1,171 | |
CSC Financial Co. Ltd. Class A | 182,138 | 1,169 | |
Hengli Petrochemical Co. Ltd. Class A | 404,000 | 1,167 | |
* | Chongqing Changan Automobile Co. Ltd. Class B | 1,696,851 | 1,164 |
Lao Feng Xiang Co. Ltd. Class B | 391,321 | 1,163 | |
Gemdale Corp. Class A | 578,200 | 1,155 | |
1 | Qingdao Port International Co. Ltd. Class H | 2,015,000 | 1,145 |
11
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | COSCO SHIPPING Holdings Co. Ltd. Class A | 1,165,300 | 1,141 |
Shougang Fushan Resources Group Ltd. | 4,784,385 | 1,120 | |
Beijing New Building Materials plc Class A | 216,496 | 1,119 | |
Orient Securities Co. Ltd. Class A | 693,092 | 1,115 | |
Guosen Securities Co. Ltd. Class A | 557,831 | 1,115 | |
1 | Orient Securities Co. Ltd. Class H | 1,691,600 | 1,115 |
China Coal Energy Co. Ltd. Class H | 4,559,638 | 1,114 | |
China Reinsurance Group Corp. Class H | 11,590,576 | 1,109 | |
Zoomlion Heavy Industry Science and Technology Co. Ltd. Class A | 996,100 | 1,103 | |
Jafron Biomedical Co. Ltd. Class A | 92,784 | 1,101 | |
Health & Happiness H&H International Holdings Ltd. | 275,376 | 1,097 | |
Metallurgical Corp. of China Ltd. Class H | 6,782,562 | 1,096 | |
Sungrow Power Supply Co. Ltd. Class A | 187,900 | 1,093 | |
Anhui Gujing Distillery Co. Ltd. Class A | 34,288 | 1,078 | |
* | Chongqing Changan Automobile Co. Ltd. Class A | 435,500 | 1,078 |
Huaxin Cement Co. Ltd. Class B | 511,669 | 1,067 | |
Sinotrans Ltd. Class H | 3,559,860 | 1,054 | |
Lepu Medical Technology Beijing Co. Ltd. Class A | 228,200 | 1,052 | |
Foxconn Industrial Internet Co. Ltd. Class A | 507,700 | 1,037 | |
Shengyi Technology Co. Ltd. Class A | 288,700 | 1,034 | |
Shanghai Industrial Holdings Ltd. | 772,587 | 1,032 | |
Shenzhen Overseas Chinese Town Co. Ltd. Class A | 1,036,600 | 1,017 | |
* | ZTO Express Cayman Inc. | 34,356 | 1,016 |
Industrial Securities Co. Ltd. Class A | 873,700 | 1,014 | |
Chaozhou Three-Circle Group Co. Ltd. Class A | 217,500 | 1,010 | |
Chongqing Brewery Co. Ltd. Class A | 63,100 | 1,008 | |
China Fortune Land Development Co. Ltd. Class A | 478,047 | 1,007 | |
Sino-Ocean Group Holding Ltd. | 5,227,754 | 1,000 | |
Poly Property Group Co. Ltd. | 3,454,998 | 998 | |
China Railway Group Ltd. Class A | 1,242,118 | 997 | |
1 | Sinopec Engineering Group Co. Ltd. Class H | 2,562,381 | 996 |
AVIC Jonhon Optronic Technology Co. Ltd. Class A | 119,799 | 993 | |
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd. Class H | 417,398 | 992 | |
Jonjee Hi-Tech Industrial And Commercial Holding Co. Ltd. Class A | 104,394 | 982 | |
Tianshui Huatian Technology Co. Ltd. Class A | 452,000 | 972 | |
China CITIC Bank Corp. Ltd. Class A | 1,279,635 | 965 | |
Shanghai RAAS Blood Products Co. Ltd. Class A | 751,200 | 959 | |
Huadong Medicine Co. Ltd. Class A | 227,800 | 951 | |
Zhejiang Huahai Pharmaceutical Co. Ltd. Class A | 186,920 | 944 | |
Lomon Billions Group Co. Ltd. Class A | 254,300 | 942 | |
Yanlord Land Group Ltd. | 1,223,300 | 941 | |
Yealink Network Technology Corp. Ltd. Class A | 102,868 | 928 | |
1 | China Railway Signal & Communication Corp. Ltd. Class H | 2,800,068 | 923 |
China Jushi Co. Ltd. Class A | 441,779 | 922 | |
SG Micro Corp. Class A | 22,300 | 907 | |
Sichuan Chuantou Energy Co. Ltd. Class A | 601,900 | 906 | |
* | SOHO China Ltd. | 3,376,494 | 905 |
Jiayuan International Group Ltd. | 2,110,000 | 901 | |
Guangdong Xinbao Electrical Appliances Holdings Co. Ltd. Class A | 135,700 | 899 | |
Wuxi Lead Intelligent Equipment Co. Ltd. Class A | 99,900 | 897 | |
*,§ | KWG Living Group Holdings Ltd | 1,139,704 | 894 |
Shenzhen Sunway Communication Co. Ltd. Class A | 124,100 | 882 | |
CSG Holding Co. Ltd. Class B | 2,906,252 | 879 | |
Sinolink Securities Co. Ltd. Class A | 391,100 | 876 | |
Shandong Hualu Hengsheng Chemical Co. Ltd. Class A | 206,496 | 874 | |
* | Inner Mongolia BaoTou Steel Union Co. Ltd. Class A | 5,104,725 | 870 |
NanJi E-Commerce Co. Ltd. Class A | 314,099 | 864 | |
COSCO SHIPPING Energy Transportation Co. Ltd. Class H | 2,187,196 | 863 | |
Humanwell Healthcare Group Co. Ltd. Class A | 175,200 | 862 | |
China Greatwall Technology Group Co. Ltd. Class A | 379,300 | 861 | |
Huizhou Desay Sv Automotive Co. Ltd. Class A | 84,400 | 860 | |
* | Zhejiang Huayou Cobalt Co. Ltd. Class A | 143,500 | 855 |
Great Wall Motor Co. Ltd. Class A | 240,080 | 853 | |
Shanghai International Port Group Co. Ltd. Class A | 1,361,200 | 851 |
12
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Songcheng Performance Development Co. Ltd. Class A | 342,320 | 850 | |
Inspur Electronic Information Industry Co. Ltd. Class A | 185,120 | 845 | |
Angel Yeast Co. Ltd. Class A | 105,900 | 836 | |
* | Kuang-Chi Technologies Co. Ltd. Class A | 280,900 | 834 |
Intco Medical Technology Co. Ltd. Class A | 47,550 | 826 | |
Beijing Tiantan Biological Products Corp. Ltd. Class A | 159,721 | 824 | |
Kingfa Sci & Tech Co. Ltd. Class A | 358,300 | 819 | |
Jiangxi Zhengbang Technology Co. Ltd. Class A | 319,981 | 819 | |
Huadian Power International Corp. Ltd. Class H | 3,278,361 | 813 | |
Zhejiang Longsheng Group Co. Ltd. Class A | 408,000 | 812 | |
^ | BBMG Corp. Class H | 4,289,760 | 810 |
SDIC Capital Co. Ltd. Class A | 386,700 | 809 | |
* | Zhejiang Century Huatong Group Co. Ltd. Class A | 632,500 | 807 |
Times Neighborhood Holdings Ltd. | 793,307 | 807 | |
Sunwoda Electronic Co. Ltd. Class A | 192,300 | 804 | |
Beijing Jingneng Clean Energy Co. Ltd. Class H | 2,834,885 | 803 | |
Asymchem Laboratories Tianjin Co. Ltd. Class A | 19,500 | 800 | |
Guangzhou Kingmed Diagnostics Group Co. Ltd. Class A | 50,700 | 799 | |
Dawning Information Industry Co. Ltd. Class A | 149,000 | 798 | |
Avary Holding Shenzhen Co. Ltd. Class A | 108,600 | 797 | |
Changjiang Securities Co. Ltd. Class A | 706,986 | 797 | |
XCMG Construction Machinery Co. Ltd. Class A | 992,300 | 796 | |
OFILM Group Co. Ltd. Class A | 343,700 | 795 | |
Jinke Properties Group Co. Ltd. Class A | 684,000 | 794 | |
Shanghai Jinjiang International Hotels Co. Ltd. Class B | 467,225 | 793 | |
Power Construction Corp. of China Ltd. Class A | 1,375,200 | 790 | |
Angang Steel Co. Ltd. Class H | 2,668,198 | 783 | |
Beijing Shunxin Agriculture Co. Ltd. Class A | 94,995 | 781 | |
Wuhu Sanqi Interactive Entertainment Network Technology Group Co. Ltd. Class A | 175,500 | 778 | |
Guangzhou Tinci Materials Technology Co. Ltd. Class A | 83,300 | 776 | |
Changzhou Xingyu Automotive Lighting Systems Co. Ltd. Class A | 31,900 | 774 | |
Avic Capital Co. Ltd. Class A | 1,176,800 | 770 | |
GD Power Development Co. Ltd. Class A | 2,619,100 | 767 | |
* | Shanghai Electric Group Co. Ltd. Class A | 1,033,700 | 764 |
1 | Red Star Macalline Group Corp. Ltd. Class H | 1,258,488 | 759 |
Beijing Shiji Information Technology Co. Ltd. Class A | 136,753 | 756 | |
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd. Class A | 174,100 | 756 | |
China Merchants Energy Shipping Co. Ltd. Class A | 873,064 | 755 | |
* | Shenzhen MTC Co. Ltd. Class A | 836,246 | 754 |
Shanghai Jinqiao Export Processing Zone Development Co. Ltd. Class B | 771,989 | 753 | |
Centre Testing International Group Co. Ltd. Class A | 186,500 | 752 | |
Hongfa Technology Co. Ltd. Class A | 97,300 | 749 | |
Suzhou Dongshan Precision Manufacturing Co. Ltd. Class A | 197,000 | 747 | |
Tianfeng Securities Co. Ltd. Class A | 846,880 | 744 | |
AVIC Electromechanical Systems Co. Ltd. Class A | 468,192 | 740 | |
Beijing Tongrentang Co. Ltd. Class A | 183,599 | 739 | |
Winning Health Technology Group Co. Ltd. Class A | 276,380 | 736 | |
Han's Laser Technology Industry Group Co. Ltd. Class A | 121,900 | 734 | |
Zhejiang Chint Electrics Co. Ltd. Class A | 166,993 | 732 | |
Fuyao Glass Industry Group Co. Ltd. Class A | 130,000 | 729 | |
SooChow Securities Co. Ltd. Class A | 496,620 | 727 | |
Shenzhen SC New Energy Technology Corp. Class A | 48,600 | 726 | |
* | China Northern Rare Earth Group High-Tech Co. Ltd. Class A | 476,100 | 719 |
Shanghai Bairun Investment Holding Group Co. Ltd. Class A | 72,000 | 718 | |
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd. Class A | 157,100 | 718 | |
Shenzhen Kaifa Technology Co. Ltd. Class A | 225,500 | 717 | |
Shanghai Mechanical and Electrical Industry Co. Ltd. Class B | 529,938 | 712 | |
China Spacesat Co. Ltd. Class A | 151,200 | 710 | |
YTO Express Group Co. Ltd. Class A | 338,600 | 707 | |
China National Accord Medicines Corp. Ltd. Class B | 246,585 | 702 | |
Youngor Group Co. Ltd. Class A | 655,000 | 698 | |
COSCO SHIPPING Development Co. Ltd. Class H | 6,273,407 | 698 | |
Greenland Holdings Corp. Ltd. Class A | 751,371 | 696 | |
Yantai Changyu Pioneer Wine Co. Ltd. Class B | 389,084 | 696 |
13
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Beijing Enlight Media Co. Ltd. Class A | 382,000 | 694 | |
Hang Zhou Great Star Industrial Co. Ltd. Class A | 177,800 | 693 | |
Da An Gene Co. Ltd. of Sun Yat-Sen University Class A | 121,510 | 687 | |
Huaxin Cement Co. Ltd. Class A | 187,800 | 681 | |
Zhengzhou Yutong Bus Co. Ltd. Class A | 284,400 | 680 | |
* | Guangdong Kinlong Hardware Products Co. Ltd. Class A | 35,500 | 676 |
Hangzhou Robam Appliances Co. Ltd. Class A | 122,700 | 672 | |
* | Aluminum Corp. of China Ltd. Class A | 1,559,700 | 670 |
China National Software & Service Co. Ltd. Class A | 63,500 | 667 | |
Beijing Dabeinong Technology Group Co. Ltd. Class A | 536,800 | 666 | |
Rongsheng Petro Chemical Co. Ltd. Class A | 232,900 | 664 | |
Sichuan Kelun Pharmaceutical Co. Ltd. Class A | 188,690 | 661 | |
Ovctek China Inc. Class A | 64,600 | 659 | |
Wens Foodstuffs Group Co. Ltd. | 231,080 | 656 | |
* | Jointown Pharmaceutical Group Co. Ltd. Class A | 241,100 | 655 |
Shandong Sun Paper Industry JSC Ltd. Class A | 313,600 | 653 | |
Liaoning Cheng Da Co. Ltd. Class A | 193,200 | 652 | |
Dongxing Securities Co. Ltd. Class A | 356,192 | 651 | |
Zhongjin Gold Corp. Ltd. Class A | 461,800 | 645 | |
Ningbo Tuopu Group Co. Ltd. Class A | 112,900 | 645 | |
* | TongFu Microelectronics Co. Ltd. Class A | 173,100 | 644 |
Chongqing Fuling Zhacai Group Co. Ltd. Class A | 103,000 | 644 | |
China National Medicines Corp. Ltd. Class A | 100,300 | 643 | |
Zhejiang Supor Co. Ltd. Class A | 60,776 | 641 | |
Sichuan Swellfun Co. Ltd. Class A | 64,700 | 641 | |
Weifu High-Technology Group Co. Ltd. Class B | 347,462 | 640 | |
Jiangsu Zhongtian Technology Co. Ltd. Class A | 387,300 | 639 | |
Perfect World Co. Ltd. Class A | 151,800 | 637 | |
Wangfujing Group Co. Ltd. Class A | 105,800 | 637 | |
Thunder Software Technology Co. Ltd. Class A | 49,400 | 634 | |
^,1 | Shenwan Hongyuan Group Co. Ltd. Class H | 2,496,800 | 634 |
* | China CSSC Holdings Ltd. Class A | 236,500 | 630 |
Jiangxi Copper Co. Ltd. Class A | 281,000 | 623 | |
Zhongji Innolight Co. Ltd. Class A | 87,198 | 617 | |
Xinjiang Goldwind Science & Technology Co. Ltd. Class A | 356,197 | 617 | |
Western Securities Co. Ltd. Class A | 451,294 | 615 | |
* | Wanda Film Holding Co. Ltd. Class A | 266,400 | 613 |
Maanshan Iron & Steel Co. Ltd. Class A | 1,587,000 | 612 | |
China Gezhouba Group Co. Ltd. Class A | 588,204 | 612 | |
Shanghai Putailai New Energy Technology Co. Ltd. Class A | 36,400 | 608 | |
Sinoma Science & Technology Co. Ltd. Class A | 211,300 | 607 | |
Shanghai M&G Stationery Inc. Class A | 50,300 | 604 | |
WUS Printed Circuit Kunshan Co. Ltd. Class A | 218,700 | 603 | |
* | Gotion High-tech Co. Ltd. Class A | 152,600 | 603 |
Heilongjiang Agriculture Co. Ltd. Class A | 231,300 | 602 | |
Jiangsu Yuyue Medical Equipment & Supply Co. Ltd. Class A | 129,800 | 599 | |
Oriental Pearl Group Co. Ltd. Class A | 434,700 | 597 | |
Bank of Changsha Co. Ltd. Class A | 440,300 | 593 | |
G-bits Network Technology Xiamen Co. Ltd. Class A | 8,400 | 593 | |
China Molybdenum Co. Ltd. Class A | 995,191 | 589 | |
TBEA Co. Ltd. Class A | 476,900 | 586 | |
Yantai Eddie Precision Machinery Co. Ltd. Class A | 76,600 | 585 | |
Dongfang Electric Corp. Ltd. Class H | 831,695 | 580 | |
Sealand Securities Co. Ltd. Class A | 740,740 | 577 | |
Guoyuan Securities Co. Ltd. Class A | 459,680 | 576 | |
AVICOPTER plc Class A | 76,800 | 575 | |
Joincare Pharmaceutical Group Industry Co. Ltd. Class A | 254,400 | 574 | |
Zhejiang Weixing New Building Materials Co. Ltd. Class A | 205,000 | 574 | |
Hangzhou First Applied Material Co. Ltd. Class A | 50,500 | 573 | |
China Great Wall Securities Co. Ltd. Class A | 309,000 | 573 | |
Tonghua Dongbao Pharmaceutical Co. Ltd. Class A | 266,977 | 573 | |
GRG Banking Equipment Co. Ltd. Class A | 328,787 | 569 | |
Shanghai Zhangjiang High-Tech Park Development Co. Ltd. Class A | 199,900 | 566 | |
Oppein Home Group Inc. Class A | 30,762 | 566 |
14
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Shenzhen Salubris Pharmaceuticals Co. Ltd. Class A | 122,100 | 563 | |
First Capital Securities Co. Ltd. Class A | 377,600 | 561 | |
Aisino Corp. Class A | 241,300 | 561 | |
Ningbo Joyson Electronic Corp. Class A | 156,500 | 560 | |
China Zheshang Bank Co. Ltd. Class A | 941,100 | 560 | |
* | Tianqi Lithium Corp. Class A | 188,460 | 559 |
Tongling Nonferrous Metals Group Co. Ltd. Class A | 1,721,658 | 559 | |
Beijing Kunlun Tech Co. Ltd. Class A | 151,600 | 557 | |
Jason Furniture Hangzhou Co. Ltd. Class A | 52,000 | 556 | |
Venustech Group Inc. Class A | 120,000 | 555 | |
RiseSun Real Estate Development Co. Ltd. Class A | 527,066 | 554 | |
Hunan Valin Steel Co. Ltd. Class A | 728,000 | 553 | |
Shanghai Yuyuan Tourist Mart Group Co. Ltd. Class A | 425,300 | 551 | |
Yintai Gold Co. Ltd. Class A | 366,940 | 551 | |
Unisplendour Corp. Ltd. Class A | 166,737 | 549 | |
Autobio Diagnostics Co. Ltd. Class A | 21,000 | 547 | |
DHC Software Co. Ltd. Class A | 399,300 | 546 | |
NetEase Inc. | 31,077 | 544 | |
Spring Airlines Co. Ltd. Class A | 85,143 | 543 | |
Hengtong Optic-electric Co. Ltd. Class A | 247,393 | 542 | |
* | FAW Jiefang Group Co. Ltd. Class A | 292,500 | 542 |
Tianma Microelectronics Co. Ltd. Class A | 253,100 | 541 | |
Shenzhen Goodix Technology Co. Ltd. Class A | 20,966 | 539 | |
China Merchants Property Operation & Service Co. Ltd. Class A | 141,100 | 537 | |
Sangfor Technologies Inc. Class A | 18,900 | 537 | |
Jiangsu Zhongnan Construction Group Co. Ltd. Class A | 397,500 | 537 | |
Yango Group Co. Ltd. Class A | 522,797 | 537 | |
Xinhu Zhongbao Co. Ltd. Class A | 1,117,100 | 536 | |
Shandong Nanshan Aluminum Co. Ltd. Class A | 1,523,300 | 535 | |
Datang International Power Generation Co. Ltd. Class H | 4,228,668 | 535 | |
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd. Class A | 132,100 | 535 | |
Shanghai Jahwa United Co. Ltd. Class A | 86,600 | 535 | |
*,§ | Tianhe Chemicals Group Ltd. | 3,538,329 | 534 |
Nanjing King-Friend Biochemical Pharmaceutical Co. Ltd. Class A | 90,870 | 533 | |
NavInfo Co. Ltd. Class A | 250,196 | 532 | |
* | Shandong Pharmaceutical Glass Co. Ltd. Class A | 78,800 | 531 |
* | Pacific Securities Co. Ltd. China Class A | 938,519 | 529 |
Shenzhen Energy Group Co. Ltd. Class A | 651,220 | 528 | |
Fujian Sunner Development Co. Ltd. Class A | 160,100 | 528 | |
COSCO SHIPPING Energy Transportation Co. Ltd. Class A | 536,400 | 527 | |
Ningbo Zhoushan Port Co. Ltd. Class A | 961,800 | 524 | |
*,^ | China Zhongwang Holdings Ltd. | 2,564,676 | 524 |
Metallurgical Corp. of China Ltd. Class A | 1,348,900 | 523 | |
Hengdian Group DMEGC Magnetics Co. Ltd. Class A | 246,000 | 518 | |
Tongkun Group Co. Ltd. Class A | 228,500 | 518 | |
Dazhong Transportation Group Co. Ltd. Class B | 1,641,948 | 516 | |
Guangzhou Haige Communications Group Inc. Co. Class A | 308,400 | 516 | |
Guangshen Railway Co. Ltd. Class H | 3,096,327 | 516 | |
Laobaixing Pharmacy Chain JSC Class A | 48,160 | 515 | |
Jinyu Bio-Technology Co. Ltd. Class A | 144,700 | 512 | |
Shanxi Securities Co. Ltd. Class A | 455,390 | 512 | |
Tsingtao Brewery Co. Ltd. Class A | 43,109 | 511 | |
Shenergy Co. Ltd. Class A | 650,000 | 507 | |
Xinhua Winshare Publishing and Media Co. Ltd. Class H | 834,000 | 507 | |
Ningxia Baofeng Energy Group Co. Ltd. Class A | 332,500 | 506 | |
Joyoung Co. Ltd. Class A | 95,700 | 505 | |
Bank of Jiangsu Co. Ltd. Class A | 559,300 | 502 | |
Fiberhome Telecommunication Technologies Co. Ltd. Class A | 141,597 | 500 | |
Hubei Energy Group Co. Ltd. Class A | 842,208 | 499 | |
Yantai Jereh Oilfield Services Group Co. Ltd. Class A | 124,197 | 498 | |
Guangzhou Baiyun International Airport Co. Ltd. Class A | 264,946 | 498 | |
* | Wonders Information Co. Ltd. Class A | 152,105 | 496 |
Beijing Yanjing Brewery Co. Ltd. Class A | 380,500 | 495 | |
Dong-E-E-Jiao Co. Ltd. Class A | 86,100 | 493 |
15
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
China National Chemical Engineering Co. Ltd. Class A | 621,300 | 492 | |
Shandong Sinocera Functional Material Co. Ltd. Class A | 80,000 | 491 | |
* | China Southern Airlines Co. Ltd. Class A | 595,804 | 491 |
Shanghai Pharmaceuticals Holding Co. Ltd. Class A | 162,644 | 485 | |
Yunda Holding Co. Ltd. Class A | 167,770 | 483 | |
Beijing Originwater Technology Co. Ltd. Class A | 415,200 | 482 | |
China Enterprise Co. Ltd. Class A | 818,650 | 480 | |
China Satellite Communications Co. Ltd. Class A | 183,900 | 477 | |
BBMG Corp. Class A | 1,057,400 | 476 | |
Shandong Chenming Paper Holdings Ltd. Class B | 1,406,450 | 474 | |
Zhejiang Dingli Machinery Co. Ltd. Class A | 34,500 | 470 | |
Yifan Pharmaceutical Co. Ltd. Class A | 138,300 | 470 | |
Hefei Meiya Optoelectronic Technology Inc. Class A | 73,700 | 466 | |
* | Yunnan Copper Co. Ltd. Class A | 250,300 | 465 |
Anhui Anke Biotechnology Group Co. Ltd. Class A | 178,940 | 465 | |
China Avionics Systems Co. Ltd. Class A | 192,800 | 464 | |
Xiamen C & D Inc. Class A | 366,700 | 459 | |
Yifeng Pharmacy Chain Co. Ltd. Class A | 29,986 | 457 | |
China Eastern Airlines Corp. Ltd. Class A | 663,932 | 456 | |
Suzhou Gold Mantis Construction Decoration Co. Ltd. Class A | 307,900 | 455 | |
* | Fangda Carbon New Material Co. Ltd. Class A | 483,516 | 454 |
Northeast Securities Co. Ltd. Class A | 324,100 | 452 | |
Southwest Securities Co. Ltd. Class A | 586,400 | 443 | |
Shanghai Zhenhua Heavy Industries Co. Ltd. Class B | 1,844,864 | 441 | |
Shanxi Xishan Coal & Electricity Power Co. Ltd. Class A | 634,920 | 440 | |
Hongta Securities Co. Ltd. Class A | 169,100 | 439 | |
* | Guanghui Energy Co. Ltd. Class A | 1,015,600 | 438 |
Dongfang Electric Corp. Ltd. Class A | 275,384 | 437 | |
Guangzhou Automobile Group Co. Ltd. Class A | 217,130 | 436 | |
360 Security Technology Inc. Class A | 183,799 | 435 | |
Shandong Himile Mechanical Science & Technology Co. Ltd. Class A | 118,174 | 434 | |
Maccura Biotechnology Co. Ltd. Class A | 55,900 | 432 | |
Yixintang Pharmaceutical Group Co. Ltd. Class A | 71,700 | 431 | |
Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd. Class B | 431,071 | 428 | |
* | Hesteel Co. Ltd. Class A | 1,384,800 | 427 |
* | Yuan Longping High-tech Agriculture Co. Ltd. Class A | 169,100 | 424 |
Huaxi Securities Co. Ltd. Class A | 243,600 | 423 | |
Juewei Food Co. Ltd. Class A | 34,894 | 423 | |
Beijing Capital Co. Ltd. Class A | 968,890 | 422 | |
Wuchan Zhongda Group Co. Ltd. Class A | 631,100 | 417 | |
Guangdong Electric Power Development Co. Ltd. Class B | 1,537,191 | 417 | |
China Film Co. Ltd. Class A | 219,300 | 415 | |
STO Express Co. Ltd. Class A | 196,699 | 415 | |
Sieyuan Electric Co. Ltd. Class A | 129,600 | 415 | |
Leo Group Co. Ltd. Class A | 873,400 | 414 | |
China Foods Ltd. | 1,206,843 | 413 | |
Anhui Expressway Co. Ltd. Class H | 857,659 | 412 | |
BGI Genomics Co. Ltd. | 18,391 | 411 | |
Qingdao TGOOD Electric Co. Ltd. Class A | 126,000 | 409 | |
DaShenLin Pharmaceutical Group Co. Ltd. Class A | 28,920 | 409 | |
Shenzhen Everwin Precision Technology Co. Ltd. Class A | 114,081 | 409 | |
* | CSSC Offshore and Marine Engineering Group Co. Ltd. Class A | 105,100 | 408 |
Dian Diagnostics Group Co. Ltd. Class A | 69,400 | 405 | |
* | CSSC Offshore and Marine Engineering Group Co. Ltd. Class H | 410,873 | 403 |
* | Siasun Robot & Automation Co. Ltd. Class A | 200,120 | 401 |
Sichuan Expressway Co. Ltd. Class H | 1,837,487 | 399 | |
* | Hanergy Thin Film Power Group Ltd. | 14,742,000 | 396 |
Yangtze Optical Fibre and Cable Joint Stock Ltd. Co. Class A | 90,800 | 395 | |
China Baoan Group Co. Ltd. Class A | 342,200 | 388 | |
Shanghai Construction Group Co. Ltd. Class A | 851,600 | 387 | |
C&S Paper Co. Ltd. Class A | 127,100 | 385 | |
Shandong Chenming Paper Holdings Ltd. Class H | 964,811 | 384 | |
Tangshan Jidong Cement Co. Ltd. Class A | 170,400 | 383 | |
COSCO SHIPPING Development Co. Ltd. Class A | 1,224,040 | 383 |
16
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Huaan Securities Co. Ltd. Class A | 320,200 | 382 | |
* | Guangdong HEC Technology Holding Co. Ltd. Class A | 448,453 | 382 |
Guangzhou Yuexiu Financial Holdings Group Co. Ltd. Class A | 162,900 | 381 | |
Guangdong South New Media Co. Ltd. Class A | 29,300 | 380 | |
Central China Securities Co. Ltd. Class H | 2,139,000 | 376 | |
Huagong Tech Co. Ltd. Class A | 107,700 | 375 | |
Jilin Aodong Pharmaceutical Group Co. Ltd. Class A | 148,600 | 374 | |
Bright Dairy & Food Co. Ltd. Class A | 160,300 | 372 | |
Offshore Oil Engineering Co. Ltd. Class A | 576,900 | 365 | |
Ninestar Corp. Class A | 83,625 | 365 | |
China TransInfo Technology Co. Ltd. Class A | 109,600 | 364 | |
Newland Digital Technology Co. Ltd. Class A | 153,199 | 363 | |
Inner Mongolia First Machinery Group Co. Ltd. Class A | 223,118 | 362 | |
East Group Co. Ltd. Class A | 240,300 | 361 | |
China South Publishing & Media Group Co. Ltd. Class A | 230,100 | 361 | |
Huaibei Mining Holdings Co. Ltd. Class A | 238,000 | 359 | |
Shenzhen YUTO Packaging Technology Co. Ltd. Class A | 81,000 | 359 | |
Hubei Biocause Pharmaceutical Co. Ltd. Class A | 476,932 | 355 | |
Shennan Circuits Co. Ltd. Class A | 21,938 | 355 | |
Haisco Pharmaceutical Group Co. Ltd. Class A | 105,000 | 354 | |
Shandong Linglong Tyre Co. Ltd. Class A | 78,900 | 353 | |
Blue Sail Medical Co. Ltd. Class A | 99,100 | 353 | |
Guangzhou Shiyuan Electronic Technology Co. Ltd. Class A | 22,897 | 352 | |
Leyard Optoelectronic Co. Ltd. Class A | 328,500 | 351 | |
Suofeiya Home Collection Co. Ltd. Class A | 83,100 | 351 | |
Wangsu Science & Technology Co. Ltd. Class A | 300,300 | 350 | |
Betta Pharmaceuticals Co. Ltd. Class A | 21,800 | 350 | |
China Aerospace Times Electronics Co. Ltd. Class A | 353,400 | 350 | |
* | Proya Cosmetics Co. Ltd. Class A | 13,500 | 349 |
1 | Shandong Gold Mining Co. Ltd. Class H | 147,150 | 349 |
Zhejiang Juhua Co. Ltd. Class A | 346,949 | 346 | |
Shanghai Electric Power Co. Ltd. Class A | 323,400 | 346 | |
* | Ourpalm Co. Ltd. Class A | 353,800 | 345 |
Xiamen Meiya Pico Information Co. Ltd. Class A | 101,500 | 345 | |
GEM Co. Ltd. Class A | 477,498 | 344 | |
Shanghai Shimao Co. Ltd. Class A | 394,194 | 341 | |
Shijiazhuang Yiling Pharmaceutical Co. Ltd. Class A | 85,400 | 340 | |
* | Sinopec Oilfield Service Corp. Class H | 5,450,643 | 338 |
* | Hytera Communications Corp. Ltd. Class A | 316,800 | 338 |
* | Yunnan Aluminium Co. Ltd. Class A | 408,900 | 336 |
Zhejiang Yasha Decoration Co. Ltd. Class A | 249,411 | 334 | |
Air China Ltd. Class A | 328,626 | 334 | |
* | Bluefocus Intelligent Communications Group Co. Ltd. Class A | 324,300 | 333 |
Chongqing Rural Commercial Bank Co. Ltd. Class A | 496,000 | 331 | |
Livzon Pharmaceutical Group Inc. Class A | 45,600 | 330 | |
Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd. Class A | 851,600 | 327 | |
^,1 | Everbright Securities Co. Ltd. Class H | 401,600 | 327 |
China Meheco Co. Ltd. Class A | 144,800 | 326 | |
China Galaxy Securities Co. Ltd. Class A | 184,700 | 325 | |
Huaneng Power International Inc. Class A | 445,200 | 325 | |
* | Guosheng Financial Holding Inc. Class A | 244,600 | 324 |
Guangzhou Zhujiang Brewery Co. Ltd. Class A | 218,100 | 320 | |
Tianjin Chase Sun Pharmaceutical Co. Ltd. Class A | 385,500 | 318 | |
Huadian Power International Corp. Ltd. Class A | 630,800 | 317 | |
Jiangsu Eastern Shenghong Co. Ltd. Class A | 344,900 | 317 | |
Beijing Capital Development Co. Ltd. Class A | 340,513 | 314 | |
Shenzhen Kingdom Sci-Tech Co. Ltd. Class A | 117,791 | 313 | |
Boya Bio-pharmaceutical Group Co. Ltd. Class A | 56,006 | 313 | |
Grandjoy Holdings Group Co. Ltd. Class A | 456,788 | 312 | |
* | Beijing Shougang Co. Ltd. Class A | 567,100 | 311 |
Toly Bread Co. Ltd. Class A | 32,592 | 310 | |
Zhejiang Wanliyang Co. Ltd. Class A | 177,600 | 310 | |
Zhejiang Satellite Petrochemical Co. Ltd. Class A | 93,200 | 309 | |
Financial Street Holdings Co. Ltd. Class A | 308,090 | 307 |
17
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Sansteel Minguang Co. Ltd. Fujian Class A | 312,100 | 307 | |
Sinotrans Ltd. Class A | 502,200 | 307 | |
Huolinhe Opencut Coal Industry Corp. Ltd. of Inner Mongolia Class A | 211,700 | 307 | |
Zhejiang Crystal-Optech Co. Ltd. Class A | 159,996 | 305 | |
Shanxi Lu'an Environmental Energy Development Co. Ltd. Class A | 346,950 | 305 | |
* | Shenzhen Infogem Technologies Co. Ltd. Class A | 90,400 | 305 |
China Machinery Engineering Corp. Class H | 1,583,516 | 305 | |
Shanghai Shibei Hi-Tech Co. Ltd. Class B | 842,160 | 305 | |
Zhejiang Wanfeng Auto Wheel Co. Ltd. Class A | 282,600 | 304 | |
Oceanwide Holdings Co. Ltd. Class A | 493,700 | 304 | |
* | Doushen Beijing Education & Technology Inc. Class A | 143,600 | 302 |
Valiant Co. Ltd. Class A | 115,600 | 302 | |
Luenmei Quantum Co. Ltd. Class A | 152,800 | 302 | |
CNOOC Energy Technology & Services Ltd. Class A | 872,200 | 301 | |
Xiamen Tungsten Co. Ltd. Class A | 149,299 | 300 | |
Zheshang Securities Co. Ltd. Class A | 134,600 | 300 | |
Changsha Jingjia Microelectronics Co. Ltd. Class A | 32,888 | 298 | |
Zhengzhou Coal Mining Machinery Group Co. Ltd. Class A | 192,900 | 298 | |
* | Yunnan Tin Co. Ltd. Class A | 221,500 | 297 |
Xinxing Ductile Iron Pipes Co. Ltd. Class A | 546,300 | 297 | |
Weihai Guangwei Composites Co. Ltd. Class A | 30,000 | 296 | |
* | Shanying International Holding Co. Ltd. Class A | 647,200 | 296 |
Datang International Power Generation Co. Ltd. Class A | 882,200 | 293 | |
Nanjing Hanrui Cobalt Co. Ltd. Class A | 30,700 | 293 | |
Jiangxi Bank Co. Ltd. Class H | 684,000 | 291 | |
Nanjing Securities Co. Ltd. Class A | 152,300 | 285 | |
Angang Steel Co. Ltd. Class A | 719,300 | 284 | |
Zhejiang Weiming Environment Protection Co. Ltd. Class A | 86,218 | 282 | |
China Merchants Expressway Network & Technology Holdings Co. Ltd. Class A | 275,373 | 282 | |
Zhejiang Medicine Co. Ltd. Class A | 131,900 | 282 | |
CECEP Solar Energy Co. Ltd. Class A | 417,380 | 282 | |
* | Guangdong Golden Dragon Development Inc. Class A | 136,800 | 281 |
* | Pangang Group Vanadium Titanium & Resources Co. Ltd. Class A | 944,700 | 281 |
* | Tunghsu Optoelectronic Technology Co. Ltd. Class A | 686,400 | 281 |
Hangzhou Binjiang Real Estate Group Co. Ltd. Class A | 386,600 | 280 | |
Xuji Electric Co. Ltd. Class A | 132,500 | 280 | |
Shandong Hi-speed Co. Ltd. Class A | 308,600 | 279 | |
Anhui Zhongding Sealing Parts Co. Ltd. Class A | 167,600 | 277 | |
Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. Class A | 452,300 | 275 | |
Tangshan Sanyou Chemical Industries Co. Ltd. Class A | 263,100 | 274 | |
Jizhong Energy Resources Co. Ltd. Class A | 516,603 | 274 | |
* | Montnets Rongxin Technology Group Co. Ltd. Class A | 117,700 | 273 |
Wolong Electric Group Co. Ltd. Class A | 149,200 | 273 | |
Chongqing Department Store Co. Ltd. Class A | 50,200 | 270 | |
CECEP Wind-Power Corp. Class A | 665,300 | 270 | |
NSFOCUS Technologies Group Co. Ltd. Class A | 97,295 | 269 | |
Caitong Securities Co. Ltd. Class A | 139,600 | 269 | |
China Communications Construction Co. Ltd. Class A | 242,600 | 268 | |
Universal Scientific Industrial Shanghai Co. Ltd. Class A | 81,800 | 268 | |
Anhui Kouzi Distillery Co. Ltd. Class A | 32,600 | 267 | |
China World Trade Center Co. Ltd. Class A | 144,706 | 266 | |
Shandong Denghai Seeds Co. Ltd. Class A | 104,100 | 266 | |
Dalian Port PDA Co. Ltd. Class A | 941,800 | 266 | |
Holitech Technology Co. Ltd. Class A | 399,600 | 265 | |
* | Zhejiang Conba Pharmaceutical Co. Ltd. Class A | 351,500 | 264 |
Zhejiang Huace Film & TV Co. Ltd. Class A | 240,100 | 263 | |
Bank of Chengdu Co. Ltd. Class A | 169,900 | 263 | |
* | Shenghe Resources Holding Co. Ltd. Class A | 265,800 | 262 |
Zhejiang Hisoar Pharmaceutical Co. Ltd. Class A | 225,000 | 261 | |
* | Sichuan Hebang Biotechnology Co. Ltd. Class A | 1,291,800 | 259 |
1 | Yangtze Optical Fibre and Cable Joint Stock Ltd. Co. Class H | 180,000 | 258 |
Xinyangfeng Agricultural Technology Co. Ltd. Class A | 141,900 | 256 | |
Guangzhou Wondfo Biotech Co. Ltd. Class A | 22,500 | 256 | |
Xiamen ITG Group Corp. Ltd. Class A | 253,000 | 253 |
18
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Taiji Computer Corp. Ltd. Class A | 62,998 | 253 | |
Guizhou Panjiang Refined Coal Co. Ltd. Class A | 281,400 | 252 | |
Shanghai Bailian Group Co. Ltd. Class B | 271,016 | 252 | |
Hunan Gold Corp. Ltd. Class A | 201,200 | 251 | |
Guangxi Guiguan Electric Power Co. Ltd. Class A | 376,900 | 250 | |
Bluestar Adisseo Co. Class A | 133,700 | 250 | |
ORG Technology Co. Ltd. Class A | 296,500 | 250 | |
Shandong Humon Smelting Co. Ltd. Class A | 119,200 | 248 | |
* | Shenzhen Neptunus Bioengineering Co. Ltd. Class A | 410,300 | 248 |
Shenzhen Aisidi Co. Ltd. Class A | 204,100 | 247 | |
BTG Hotels Group Co. Ltd. Class A | 94,597 | 245 | |
Central China Securities Co. Ltd. Class A | 316,700 | 244 | |
Lianhe Chemical Technology Co. Ltd. Class A | 68,310 | 242 | |
Tian Di Science & Technology Co. Ltd. Class A | 529,200 | 240 | |
Huafa Industrial Co. Ltd. Zhuhai Class A | 246,900 | 239 | |
Sichuan Languang Development Co. Ltd. Class A | 324,100 | 239 | |
Jinduicheng Molybdenum Co. Ltd. Class A | 281,500 | 239 | |
Tianjin Capital Environmental Protection Group Co. Ltd. Class H | 600,838 | 238 | |
Shaanxi International Trust Co. Ltd. Class A | 446,000 | 236 | |
Shenzhen Agricultural Products Group Co. Ltd. Class A | 223,300 | 236 | |
Yang Quan Coal Industry Group Co. Ltd. Class A | 333,300 | 235 | |
Chinese Universe Publishing and Media Group Co. Ltd. Class A | 135,800 | 235 | |
Cinda Real Estate Co. Ltd. Class A | 377,000 | 235 | |
Shenzhen Huaqiang Industry Co. Ltd. Class A | 112,800 | 234 | |
Beijing North Star Co. Ltd. Class H | 1,163,223 | 233 | |
Weifu High-Technology Group Co. Ltd. Class A | 60,600 | 233 | |
Westone Information Industry Inc. Class A | 83,898 | 232 | |
Pingdingshan Tianan Coal Mining Co. Ltd. Class A | 296,900 | 232 | |
* | Suzhou Anjie Technology Co. Ltd. Class A | 77,100 | 229 |
Huabao Flavours & Fragrances Co. Ltd. Class A | 29,400 | 229 | |
Beijing Orient National Communication Science & Technology Co. Ltd. Class A | 125,700 | 228 | |
Zhejiang Hailiang Co. Ltd. Class A | 193,600 | 227 | |
China Oilfield Services Ltd. Class A | 139,089 | 226 | |
1 | Ganfeng Lithium Co. Ltd. Class H | 38,600 | 225 |
Hangzhou Shunwang Technology Co. Ltd. Class A | 90,500 | 224 | |
Guangxi Wuzhou Zhongheng Group Co. Ltd. Class A | 469,600 | 223 | |
China Coal Energy Co. Ltd. Class A | 378,138 | 222 | |
Wanxiang Qianchao Co. Ltd. Class A | 252,533 | 221 | |
Beijing SL Pharmaceutical Co. Ltd. Class A | 131,950 | 220 | |
LianChuang Electronic Technology Co. Ltd. Class A | 142,610 | 215 | |
Shenzhen Gas Corp. Ltd. Class A | 195,200 | 215 | |
Shanghai Dazhong Public Utilities Group Co. Ltd. Class A | 339,500 | 215 | |
Guangdong Baolihua New Energy Stock Co. Ltd. Class A | 189,100 | 214 | |
Shanghai Tunnel Engineering Co. Ltd. Class A | 255,444 | 213 | |
* | Beijing Ultrapower Software Co. Ltd. Class A | 254,000 | 213 |
Hoshine Silicon Industry Co. Ltd. Class A | 47,200 | 212 | |
* | GCL System Integration Technology Co. Ltd. Class A | 410,800 | 212 |
Shanghai Mechanical and Electrical Industry Co. Ltd. Class A | 74,800 | 211 | |
* | Tus Environmental Science And Technology Development Co. Ltd. Class A | 191,600 | 210 |
* | Beijing Jetsen Technology Co. Ltd. Class A | 272,800 | 210 |
Chengdu Xingrong Environment Co. Ltd. Class A | 281,600 | 210 | |
Zhongshan Public Utilities Group Co. Ltd. Class A | 165,400 | 208 | |
Shenzhen Hepalink Pharmaceutical Group Co. Ltd. Class A | 69,600 | 207 | |
Chongqing Water Group Co. Ltd. Class A | 263,600 | 206 | |
Shanghai Huayi Group Co. Ltd. Class B | 421,647 | 205 | |
Shandong Buchang Pharmaceuticals Co. Ltd. Class A | 55,700 | 202 | |
Eternal Asia Supply Chain Management Ltd. Class A | 276,300 | 201 | |
* | Kunwu Jiuding Investment Holdings Co. Ltd. Class A | 57,400 | 201 |
Huapont Life Sciences Co. Ltd. Class A | 257,600 | 200 | |
Shenzhen Airport Co. Ltd. Class A | 167,100 | 200 | |
* | CITIC Guoan Information Industry Co. Ltd. Class A | 517,200 | 199 |
China Resources Double Crane Pharmaceutical Co. Ltd. Class A | 105,000 | 198 | |
ENN Ecological Holdings Co. Ltd. Class A | 102,800 | 197 | |
* | Shandong Xinchao Energy Corp. Ltd. Class A | 844,100 | 197 |
19
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Better Life Commercial Chain Share Co. Ltd. Class A | 116,500 | 197 | |
* | Bengang Steel Plates Co. Ltd. Class B | 1,083,533 | 196 |
* | Polaris Bay Group Co. Ltd. Class A | 110,500 | 194 |
Shanghai AJ Group Co. Ltd. Class A | 161,633 | 194 | |
* | GDS Holdings Ltd. Class A | 18,463 | 193 |
Lakala Payment Co. Ltd. Class A | 37,800 | 193 | |
Suning Universal Co. Ltd. Class A | 420,023 | 192 | |
Hangzhou Oxygen Plant Group Co. Ltd. Class A | 44,600 | 192 | |
Beijing Sanju Environmental Protection and New Material Co. Ltd. Class A | 175,000 | 192 | |
Chengdu Kanghong Pharmaceutical Group Co. Ltd. Class A | 30,100 | 191 | |
Shanghai Flyco Electrical Appliance Co. Ltd. Class A | 24,566 | 190 | |
Greattown Holdings Ltd. Class A | 241,500 | 190 | |
Digital China Information Service Co. Ltd. Class A | 72,800 | 190 | |
Shenzhen Jinjia Group Co. Ltd. Class A | 140,500 | 189 | |
Shenzhen Kinwong Electronic Co. Ltd. Class A | 39,340 | 188 | |
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd. Class A | 108,472 | 187 | |
Jiangsu Kanion Pharmaceutical Co. Ltd. Class A | 97,700 | 184 | |
Zhejiang Runtu Co. Ltd. Class A | 137,405 | 184 | |
China International Marine Containers Group Co. Ltd. Class A | 103,560 | 184 | |
* | Tahoe Group Co. Ltd. Class A | 325,500 | 183 |
Fujian Longking Co. Ltd. Class A | 119,900 | 181 | |
Guizhou Bailing Group Pharmaceutical Co. Ltd. Class A | 139,100 | 181 | |
Beijing Sinnet Technology Co. Ltd. Class A | 63,100 | 180 | |
§ | Sinoma International Engineering Co. Class A | 162,300 | 180 |
Yotrio Group Co. Ltd. Class A | 288,300 | 179 | |
All Winner Technology Co. Ltd. Class A | 35,700 | 178 | |
* | Shijiazhuang Changshan BeiMing Technology Co. Ltd. Class A | 174,300 | 178 |
Hangzhou Century Co. Ltd. Class A | 116,700 | 178 | |
Sinochem International Corp. Class A | 227,100 | 178 | |
* | China Nonferrous Metal Industry's Foreign Engineering and Construction Co. Ltd. Class A | 275,400 | 178 |
Youzu Interactive Co. Ltd. Class A | 75,400 | 177 | |
Zhejiang Semir Garment Co. Ltd. Class A | 141,200 | 176 | |
* | Huazhu Group Ltd. | 4,112 | 174 |
Genimous Technology Co. Ltd. Class A | 195,700 | 172 | |
* | Realcan Pharmaceutical Group Co. Ltd. Class A | 205,600 | 171 |
Shanghai Environment Group Co. Ltd. Class A | 102,800 | 171 | |
Guangshen Railway Co. Ltd. Class A | 505,300 | 171 | |
* | Gosuncn Technology Group Co. Ltd. Class A | 235,400 | 170 |
Guangdong Marubi Biotechnology Co. Ltd. Class A | 18,300 | 170 | |
* | Global Top E-Commerce Co. Ltd. Class A | 198,700 | 169 |
* | Zhejiang Kaishan Compressor Co. Ltd. Class A | 72,644 | 168 |
Nanjing Iron & Steel Co. Ltd. Class A | 375,700 | 167 | |
Sinopec Shanghai Petrochemical Co. Ltd. Class A | 338,000 | 167 | |
Bank of Xi'an Co. Ltd. Class A | 216,900 | 167 | |
Rongan Property Co. Ltd. Class A | 427,200 | 166 | |
TangShan Port Group Co. Ltd. Class A | 462,800 | 166 | |
Bank of Zhengzhou Co. Ltd. Class A | 300,410 | 164 | |
ADAMA Ltd. Class A | 134,900 | 163 | |
North Huajin Chemical Industries Co. Ltd. Class A | 215,896 | 161 | |
Visual China Group Co. Ltd. Class A | 72,500 | 160 | |
Shanghai 2345 Network Holding Group Co. Ltd. Class A | 396,470 | 160 | |
* | Alpha Group Class A | 166,500 | 160 |
Qingdao Port International Co. Ltd. Class A | 187,600 | 160 | |
Luxi Chemical Group Co. Ltd. Class A | 106,000 | 159 | |
Deppon Logistics Co. Ltd. Class A | 73,700 | 157 | |
Beijing Zhong Ke San Huan High-Tech Co. Ltd. Class A | 114,881 | 156 | |
* | Beijing-Shanghai High Speed Railway Co. Ltd. Class A | 184,690 | 154 |
Sichuan Road & Bridge Co. Ltd. Class A | 228,970 | 153 | |
Yantai Changyu Pioneer Wine Co. Ltd. Class A | 30,900 | 153 | |
Xinjiang Zhongtai Chemical Co. Ltd. Class A | 199,900 | 153 | |
Jiangsu Zijin Rural Commercial Bank Co. Ltd. Class A | 259,000 | 152 | |
Do-Fluoride Chemicals Co. Ltd. Class A | 68,800 | 152 | |
Tianjin 712 Communication & Broadcasting Co. Ltd. Class A | 23,400 | 151 | |
Red Star Macalline Group Corp. Ltd. Class A | 107,580 | 150 |
20
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | CMST Development Co. Ltd. Class A | 220,800 | 147 |
Guangxi Liugong Machinery Co. Ltd. Class A | 139,600 | 147 | |
Harbin Boshi Automation Co. Ltd. Class A | 80,300 | 146 | |
* | Sinopec Oilfield Service Corp. Class A | 543,200 | 143 |
* | Zhefu Holding Group Co. Ltd. Class A | 189,600 | 140 |
Henan Pinggao Electric Co. Ltd. Class A | 137,000 | 137 | |
Yanzhou Coal Mining Co. Ltd. Class A | 100,900 | 136 | |
Xiamen Intretech Inc. Class A | 15,400 | 135 | |
Avic Heavy Machinery Co. Ltd. Class A | 62,700 | 135 | |
Shanghai Jinjiang International Hotels Co. Ltd. Class A | 20,100 | 134 | |
Jiangling Motors Corp. Ltd. Class B | 163,283 | 134 | |
Beijing North Star Co. Ltd. Class A | 368,200 | 132 | |
Dalian Huarui Heavy Industry Group Co. Ltd. Class A | 253,384 | 132 | |
Shandong Publishing & Media Co. Ltd. Class A | 145,100 | 132 | |
AECC Aero-Engine Control Co. Ltd. Class A | 47,900 | 128 | |
Bank of Qingdao Co. Ltd. Class A | 167,600 | 127 | |
* | Guizhou Xinbang Pharmaceutical Co. Ltd. Class A | 132,400 | 127 |
* | Easysight Supply Chain Management Co. Ltd. Class A | 87,600 | 124 |
Shanghai Industrial Development Co. Ltd. Class A | 163,600 | 124 | |
Xinfengming Group Co. Ltd. Class A | 81,300 | 124 | |
Skyworth Digital Co. Ltd. Class A | 92,200 | 120 | |
CGN Power Co. Ltd. Class A | 294,300 | 120 | |
KingClean Electric Co. Ltd. Class A | 22,010 | 119 | |
China Merchants Port Group Co. Ltd. Class A | 52,000 | 117 | |
* | Zhejiang Yongtai Technology Co. Ltd. Class A | 86,315 | 116 |
Anhui Xinhua Media Co. Ltd. Class A | 149,100 | 114 | |
Lao Feng Xiang Co. Ltd. Class A | 16,573 | 114 | |
Opple Lighting Co. Ltd. Class A | 25,300 | 113 | |
Shenzhen Tellus Holding Co. Ltd. Class A | 38,600 | 109 | |
Jiuzhitang Co. Ltd. Class A | 85,900 | 107 | |
Hubei Jumpcan Pharmaceutical Co. Ltd. Class A | 32,100 | 106 | |
* | HyUnion Holding Co. Ltd. Class A | 107,400 | 106 |
Jiangsu Expressway Co. Ltd. Class A | 76,000 | 104 | |
China Railway Tielong Container Logistics Co. Ltd. Class A | 139,400 | 104 | |
Loncin Motor Co. Ltd. Class A | 182,400 | 104 | |
Shanghai Shibei Hi-Tech Co. Ltd. Class A | 92,600 | 102 | |
* | Sou Yu Te Group Co. Ltd. Class A | 294,500 | 100 |
* | Tibet Summit Resources Co. Ltd. Class A | 81,300 | 97 |
Liuzhou Iron & Steel Co. Ltd. Class A | 140,100 | 97 | |
* | Zhongshan Broad Ocean Motor Co. Ltd. Class A | 165,500 | 96 |
Fujian Funeng Co. Ltd. Class A | 84,300 | 96 | |
Ningbo Sanxing Medical Electric Co. Ltd. Class A | 90,900 | 96 | |
Jiajiayue Group Co. Ltd. Class A | 22,300 | 95 | |
Guangdong Ellington Electronics Technology Co. Ltd. Class A | 78,640 | 95 | |
Qingdao Rural Commercial Bank Corp. Class A | 130,800 | 92 | |
Rainbow Digital Commercial Co. Ltd. Class A | 72,200 | 89 | |
*,1 | Shimao Services Holdings Ltd. | 41,321 | 88 |
Qingdao Hanhe Cable Co. Ltd. Class A | 139,900 | 86 | |
* | Nanyang Topsec Technologies Group Inc. Class A | 27,200 | 86 |
An Hui Wenergy Co. Ltd. Class A | 137,145 | 82 | |
China High Speed Railway Technology Co. Ltd. Class A | 204,600 | 82 | |
China CYTS Tours Holding Co. Ltd. Class A | 54,482 | 80 | |
Jiangsu Zhangjiagang Rural Commercial Bank Co. Ltd. Class A | 87,800 | 76 | |
JL Mag Rare-Earth Co. Ltd. Class A | 13,000 | 75 | |
By-health Co. Ltd. Class A | 18,900 | 73 | |
Camel Group Co. Ltd. Class A | 58,370 | 72 | |
Jointo Energy Investment Co. Ltd. Hebei Class A | 85,061 | 70 | |
China West Construction Group Co. Ltd. Class A | 50,600 | 69 | |
^ | Maanshan Iron & Steel Co. Ltd. Class H | 296,000 | 68 |
Tianjin Capital Environmental Protection Group Co. Ltd. Class A | 65,100 | 65 | |
Juneyao Airlines Co. Ltd. Class A | 32,566 | 52 | |
Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd. Class A | 19,400 | 47 | |
Beijing E-Hualu Information Technology Co. Ltd. Class A | 9,500 | 45 | |
Henan Zhongyuan Expressway Co. Ltd. Class A | 84,600 | 43 |
21
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Shanghai Industrial Urban Development Group Ltd. | 154,517 | 14 | |
*,^,§ | China Huishan Dairy Holdings Co. Ltd. | 5,503,795 | — |
5,044,377 | |||
Colombia (0.1%) | |||
Bancolombia SA ADR | 196,387 | 5,006 | |
Interconexion Electrica SA ESP | 790,134 | 4,259 | |
Grupo Energia Bogota SA ESP | 4,821,372 | 2,990 | |
Bancolombia SA | 439,854 | 2,784 | |
Ecopetrol SA | 5,845,448 | 2,705 | |
Grupo de Inversiones Suramericana SA | 450,450 | 2,339 | |
Grupo Aval Acciones y Valores Preference Shares | 6,916,965 | 1,591 | |
Grupo Argos SA | 543,762 | 1,492 | |
Corp Financiera Colombiana SA | 206,106 | 1,385 | |
Ecopetrol SA ADR | 149,065 | 1,379 | |
Cementos Argos SA | 850,604 | 1,001 | |
Grupo de Inversiones Suramericana SA Preference Shares | 153,364 | 662 | |
Grupo Aval Acciones y Valores SA ADR | 21,896 | 99 | |
Bancolombia SA Preference Shares | 11,063 | 70 | |
Cementos Argos SA Preference Shares | 296 | — | |
27,762 | |||
Czech Republic (0.0%) | |||
Cez As | 284,579 | 5,386 | |
* | Komercni banka as | 134,522 | 2,732 |
1 | Moneta Money Bank AS | 901,153 | 2,046 |
O2 Czech Republic AS | 84,048 | 789 | |
10,953 | |||
Denmark (1.5%) | |||
Novo Nordisk A/S Class B | 2,871,393 | 183,096 | |
Vestas Wind Systems A/S | 350,231 | 60,087 | |
DSV Panalpina A/S | 351,752 | 57,069 | |
1 | Orsted A/S | 338,037 | 53,649 |
* | Genmab A/S | 105,511 | 35,243 |
Coloplast A/S Class B | 237,222 | 34,692 | |
Carlsberg AS Class B | 173,847 | 22,013 | |
Novozymes A/S | 365,943 | 22,008 | |
Chr Hansen Holding A/S | 184,026 | 18,570 | |
AP Moller - Maersk A/S Class B | 10,734 | 17,203 | |
GN Store Nord A/S | 231,461 | 16,664 | |
* | Danske Bank A/S | 1,178,501 | 15,707 |
Pandora A/S | 162,596 | 12,899 | |
AP Moller - Maersk A/S Class A | 7,164 | 10,593 | |
Ambu A/S Class B | 300,316 | 9,109 | |
Tryg A/S | 215,325 | 5,976 | |
* | Demant A/S | 183,892 | 5,806 |
ROCKWOOL International A/S Class B | 11,489 | 4,497 | |
* | Iss A/S | 328,990 | 4,271 |
H Lundbeck A/S | 107,906 | 3,042 | |
592,194 | |||
Egypt (0.0%) | |||
Commercial International Bank Egypt SAE | 2,407,305 | 9,410 | |
Egypt Kuwait Holding Co. SAE | 1,397,898 | 1,448 | |
Eastern Co. SAE | 1,778,143 | 1,347 | |
ElSewedy Electric Co. | 1,436,275 | 672 | |
Talaat Moustafa Group | 1,625,116 | 628 | |
Telecom Egypt Co. | 582,348 | 437 | |
13,942 | |||
Finland (0.8%) | |||
Kone Oyj Class B | 703,487 | 56,007 | |
* | Nordea Bank Abp (XSTO) | 5,225,418 | 39,218 |
Neste Oyj | 746,461 | 38,931 | |
Sampo Oyj Class A | 906,090 | 34,193 | |
* | Nokia Oyj | 10,010,223 | 33,747 |
22
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
UPM-Kymmene Oyj | 961,176 | 27,162 | |
Stora Enso Oyj | 1,024,101 | 14,945 | |
Fortum Oyj | 773,277 | 14,535 | |
Elisa Oyj | 257,084 | 12,641 | |
Kesko Oyj Class B | 481,095 | 12,345 | |
Huhtamaki Oyj | 167,215 | 8,168 | |
Orion Oyj Class B | 183,886 | 7,870 | |
Metso Outotec Oyj | 1,080,302 | 7,616 | |
Nokian Renkaat Oyj | 245,362 | 7,540 | |
* | Kojamo Oyj | 347,855 | 7,170 |
Wartsila Oyj Abp | 880,357 | 6,996 | |
* | Nordea Bank Abp (XHEL) | 551,088 | 4,151 |
Neles Oyj | 190,182 | 2,547 | |
335,782 | |||
France (6.1%) | |||
LVMH Moet Hennessy Louis Vuitton SE | 442,101 | 207,236 | |
Sanofi | 1,934,093 | 174,637 | |
Total SE | 4,297,145 | 130,190 | |
Schneider Electric SE | 939,654 | 114,175 | |
Kering SA | 131,706 | 79,592 | |
* | Airbus SE | 985,727 | 72,122 |
* | BNP Paribas SA | 1,926,036 | 67,171 |
Vinci SA | 825,214 | 65,180 | |
L'Oreal SA Loyalty Shares | 199,212 | 64,383 | |
* | EssilorLuxottica SA | 521,325 | 64,363 |
* | Safran SA | 571,904 | 60,325 |
Pernod Ricard SA | 369,527 | 59,532 | |
Danone SA | 1,063,756 | 59,002 | |
Air Liquide SA Loyalty Shares | 387,422 | 56,656 | |
Axa SA | 3,410,146 | 54,765 | |
Hermes International | 54,632 | 50,868 | |
L'Oreal SA | 135,153 | 43,680 | |
Vivendi SA | 1,425,154 | 41,135 | |
Dassault Systemes SE | 233,618 | 39,835 | |
Air Liquide SA | 264,952 | 38,746 | |
Orange SA | 3,380,759 | 37,965 | |
Legrand SA | 478,762 | 35,438 | |
STMicroelectronics NV | 1,132,737 | 34,554 | |
* | Cie de Saint-Gobain | 866,717 | 33,762 |
Cie Generale des Etablissements Michelin SCA | 307,376 | 33,197 | |
Capgemini SE | 281,770 | 32,536 | |
Teleperformance | 104,255 | 31,296 | |
L'Oreal Loyalty Shares 2021 | 91,136 | 29,454 | |
Air Liquide SA Loyalty Shares 2021 | 173,187 | 25,327 | |
Edenred | 434,449 | 20,252 | |
*,1 | Worldline SA | 257,636 | 19,082 |
* | Societe Generale SA | 1,365,281 | 18,551 |
* | Peugeot SA | 975,365 | 17,522 |
* | Eurofins Scientific SE | 21,469 | 17,096 |
Veolia Environnement SA | 905,229 | 16,849 | |
* | Engie SA | 1,363,913 | 16,496 |
* | Credit Agricole SA | 2,059,136 | 16,289 |
Sartorius Stedim Biotech | 42,819 | 16,244 | |
*,^ | Ingenico Group SA | 112,104 | 16,118 |
Carrefour SA | 1,025,379 | 15,936 | |
* | Alstom SA | 330,261 | 14,756 |
* | Ubisoft Entertainment SA | 165,352 | 14,606 |
Publicis Groupe SA | 386,407 | 13,425 | |
Valeo SA | 424,316 | 12,836 | |
Bouygues SA | 381,326 | 12,505 | |
Suez SA | 664,442 | 12,164 | |
* | Engie SA (XPAR) | 975,533 | 11,799 |
Thales SA | 179,726 | 11,711 | |
Arkema SA | 119,306 | 11,685 |
23
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Atos SE | 168,637 | 11,521 |
Gecina SA | 92,588 | 11,494 | |
1 | Euronext NV | 109,578 | 11,410 |
BioMerieux | 76,394 | 11,375 | |
* | Bureau Veritas SA | 491,700 | 10,782 |
* | Getlink SE | 801,402 | 10,779 |
* | Eiffage SA | 135,112 | 9,806 |
* | Orpea | 87,832 | 8,773 |
* | Accor SA | 334,565 | 8,527 |
* | Renault SA | 328,330 | 8,131 |
* | Engie SA Loyalty Shares 2021 | 619,484 | 7,492 |
Remy Cointreau SA | 43,396 | 7,327 | |
* | Scor Se | 282,006 | 6,849 |
*,1 | Amundi SA | 101,661 | 6,668 |
Bollore SA | 1,768,580 | 6,340 | |
1 | La Francaise des Jeux SAEM | 157,370 | 5,903 |
* | Rexel SA | 540,863 | 5,695 |
Ipsen SA | 61,734 | 5,623 | |
Rubis SCA | 163,108 | 5,363 | |
Electricite de France SA | 460,460 | 5,345 | |
* | Faurecia SE | 140,664 | 5,335 |
Iliad SA | 27,438 | 5,305 | |
Covivio | 88,845 | 5,291 | |
Aeroports de Paris | 50,549 | 4,947 | |
TechnipFMC plc | 818,217 | 4,512 | |
^ | Klepierre SA | 339,383 | 4,300 |
Wendel SE | 49,283 | 4,265 | |
Sodexo SA ACT Loyalty Shares | 62,503 | 4,015 | |
SEB SA Loyalty Shares | 23,594 | 3,834 | |
* | Eurazeo SE | 78,467 | 3,569 |
* | Natixis SA | 1,490,985 | 3,473 |
* | Dassault Aviation SA | 4,143 | 3,466 |
* | Electricite de France SA Loyalty Shares 2021 | 279,349 | 3,242 |
* | CNP Assurances | 264,920 | 2,988 |
Sodexo SA | 46,441 | 2,983 | |
Icade | 57,992 | 2,933 | |
SEB SA (XPAR) | 15,730 | 2,556 | |
* | Sodexo SA | 38,129 | 2,449 |
Cie Plastic Omnium SA | 97,055 | 2,209 | |
* | JCDecaux SA | 134,042 | 2,069 |
Electricite de France SA Loyalty Shares | 176,578 | 2,050 | |
*,^ | Casino Guichard Perrachon SA | 89,661 | 2,020 |
Imerys SA | 64,754 | 1,936 | |
1 | Ald SA | 143,427 | 1,545 |
SEB SA Loyalty Shares 2021 | 9,289 | 1,510 | |
Sodexo Loyalty Shares 2020 | 8,591 | 552 | |
2,391,601 | |||
Germany (5.5%) | |||
SAP SE | 1,993,984 | 212,729 | |
Siemens AG | 1,362,830 | 159,883 | |
Allianz SE | 733,318 | 129,178 | |
* | adidas AG | 341,189 | 101,370 |
BASF SE | 1,623,937 | 88,925 | |
Deutsche Telekom AG | 5,720,083 | 86,939 | |
Bayer AG | 1,747,411 | 82,112 | |
Deutsche Post AG | 1,743,556 | 77,306 | |
Daimler AG | 1,431,608 | 73,998 | |
Infineon Technologies AG | 2,330,510 | 64,885 | |
Vonovia SE | 1,006,587 | 64,285 | |
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 246,782 | 57,841 | |
Deutsche Boerse AG | 326,193 | 48,066 | |
Volkswagen AG Preference Shares | 326,571 | 47,570 | |
Rwe AG | 1,130,473 | 41,837 | |
E.On SE | 3,872,721 | 40,332 |
24
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Bayerische Motoren Werke AG | 570,623 | 38,996 | |
Merck KGaA | 231,524 | 34,296 | |
* | Deutsche Bank AG | 3,639,754 | 33,636 |
Deutsche Wohnen SE | 630,723 | 31,835 | |
Henkel AG & Co. KGaA Preference Shares | 313,530 | 30,510 | |
*,1 | Delivery Hero SE | 254,258 | 29,188 |
Symrise AG Class A | 225,930 | 27,860 | |
Fresenius Medical Care AG & Co. KGaA | 364,646 | 27,845 | |
*,1 | Zalando SE | 287,360 | 26,760 |
Fresenius SE & Co. KGaA | 720,566 | 26,728 | |
Sartorius AG Preference Shares | 61,253 | 25,927 | |
Continental AG | 190,216 | 20,211 | |
* | Qiagen NV | 395,804 | 18,795 |
Beiersdorf AG | 175,523 | 18,379 | |
Brenntag AG | 277,481 | 17,736 | |
LEG Immobilien AG | 124,311 | 16,801 | |
MTU Aero Engines AG | 94,780 | 16,200 | |
Henkel AG & Co. KGaA | 177,419 | 16,040 | |
1 | Covestro AG | 320,038 | 15,274 |
HeidelbergCement AG | 266,950 | 15,268 | |
Hannover Rueck SE | 104,719 | 15,218 | |
1 | Scout24 AG | 188,550 | 15,212 |
* | Siemens Energy AG | 681,797 | 14,928 |
Porsche Automobil Holding SE Preference Shares | 273,253 | 14,639 | |
* | Puma SE | 161,181 | 14,110 |
Knorr-Bremse AG | 118,025 | 13,671 | |
* | HelloFresh SE | 241,920 | 12,928 |
*,1 | TeamViewer AG | 255,960 | 11,282 |
1 | Siemens Healthineers AG | 246,265 | 10,572 |
KION Group AG | 125,527 | 9,781 | |
GEA Group AG | 292,470 | 9,740 | |
* | Aroundtown SA | 1,949,419 | 9,351 |
* | Commerzbank AG | 1,863,413 | 8,820 |
Volkswagen AG | 55,627 | 8,654 | |
Carl Zeiss Meditec AG | 65,516 | 8,465 | |
Bechtle AG | 48,788 | 8,378 | |
Evonik Industries AG | 341,413 | 8,220 | |
Lanxess AG | 149,402 | 7,577 | |
Nemetschek SE | 97,407 | 7,053 | |
United Internet AG | 182,720 | 6,408 | |
Fuchs Petrolub SE Preference Shares | 123,703 | 6,367 | |
Uniper SE | 195,331 | 5,834 | |
Rheinmetall AG | 76,908 | 5,621 | |
Bayerische Motoren Werke AG Preference Shares | 100,977 | 5,221 | |
* | CTS Eventim AG & Co. KGaA | 105,169 | 4,662 |
*,^ | Deutsche Lufthansa AG | 529,687 | 4,532 |
Rational AG | 5,967 | 4,476 | |
*,^ | thyssenkrupp AG | 818,260 | 3,906 |
* | Hella GmbH & Co. KGaA | 76,865 | 3,356 |
* | Fielmann AG | 43,676 | 3,308 |
*,^ | Varta AG | 25,775 | 3,240 |
Telefonica Deutschland Holding AG | 1,231,974 | 3,107 | |
* | ProSiebenSat.1 Media SE | 276,596 | 3,087 |
* | OSRAM Licht AG | 51,031 | 2,995 |
Metro AG | 289,628 | 2,836 | |
Hochtief AG | 35,301 | 2,597 | |
Wacker Chemie AG | 26,783 | 2,584 | |
* | RTL Group SA | 67,814 | 2,577 |
Fuchs Petrolub SE | 60,417 | 2,316 | |
*,^ | Fraport AG Frankfurt Airport Services Worldwide | 60,679 | 2,195 |
*,1 | DWS Group GmbH & Co. KGaA | 62,916 | 2,132 |
Talanx AG | 68,590 | 2,022 | |
Suedzucker AG | 135,890 | 1,956 | |
1&1 Drillisch AG | 81,633 | 1,719 |
25
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
^ | Grenke AG | 43,915 | 1,715 |
Traton SE | 83,353 | 1,619 | |
TUI AG (XETR) | 232,404 | 912 | |
2,167,440 | |||
Greece (0.0%) | |||
Hellenic Telecommunications Organization SA | 409,867 | 5,436 | |
Opap SA | 349,914 | 2,831 | |
Jumbo SA | 186,204 | 2,610 | |
Mytilineos SA | 180,043 | 1,975 | |
* | Eurobank Ergasias Services and Holdings SA | 4,548,168 | 1,521 |
* | Alpha Bank AE | 2,529,879 | 1,287 |
* | National Bank of Greece SA | 1,001,095 | 1,054 |
Motor Oil Hellas Corinth Refineries SA | 98,984 | 926 | |
Hellenic Petroleum SA | 117,702 | 577 | |
*,§ | FF Group | 60,219 | 337 |
18,554 | |||
Hong Kong (2.3%) | |||
AIA Group Ltd. | 21,536,252 | 204,964 | |
Hong Kong Exchanges & Clearing Ltd. | 2,268,771 | 108,717 | |
Sun Hung Kai Properties Ltd. | 2,558,033 | 32,927 | |
Techtronic Industries Co. Ltd. | 2,239,388 | 30,163 | |
CK Hutchison Holdings Ltd. | 4,809,410 | 29,049 | |
Link REIT | 3,700,460 | 28,241 | |
CLP Holdings Ltd. | 2,954,363 | 27,223 | |
Hong Kong & China Gas Co. Ltd. | 18,654,319 | 26,914 | |
Galaxy Entertainment Group Ltd. | 3,824,309 | 25,273 | |
CK Asset Holdings Ltd. | 4,839,074 | 22,470 | |
Hang Seng Bank Ltd. | 1,304,766 | 20,101 | |
BOC Hong Kong Holdings Ltd. | 6,462,196 | 17,949 | |
Jardine Matheson Holdings Ltd. | 376,892 | 16,706 | |
Sands China Ltd. | 4,282,608 | 15,030 | |
MTR Corp. Ltd. | 2,574,342 | 12,757 | |
Power Assets Holdings Ltd. | 2,453,016 | 12,632 | |
* | New World Development Co. Ltd. | 2,560,460 | 12,225 |
1 | WH Group Ltd. | 15,026,923 | 11,836 |
Wharf Real Estate Investment Co. Ltd. | 2,971,585 | 11,437 | |
Hang Lung Properties Ltd. | 3,613,742 | 8,798 | |
Lenovo Group Ltd. | 13,384,802 | 8,404 | |
Henderson Land Development Co. Ltd. | 2,315,634 | 8,179 | |
Xinyi Glass Holdings Ltd. | 3,616,685 | 7,942 | |
1 | Budweiser Brewing Co. APAC Ltd. | 2,691,100 | 7,936 |
Hongkong Land Holdings Ltd. | 2,083,691 | 7,650 | |
*,1 | ESR Cayman Ltd. | 2,408,038 | 7,273 |
Jardine Strategic Holdings Ltd. | 325,747 | 7,053 | |
^ | Sino Land Co. Ltd. | 5,874,374 | 6,962 |
Want Want China Holdings Ltd. | 9,759,382 | 6,463 | |
AAC Technologies Holdings Inc. | 1,212,449 | 6,373 | |
Tingyi Cayman Islands Holding Corp. | 3,336,119 | 6,105 | |
Vitasoy International Holdings Ltd. | 1,424,000 | 5,760 | |
Wharf Holdings Ltd. | 2,723,865 | 5,639 | |
ASM Pacific Technology Ltd. | 535,494 | 5,400 | |
CK Infrastructure Holdings Ltd. | 1,117,818 | 5,273 | |
Swire Properties Ltd. | 1,912,868 | 5,133 | |
Minth Group Ltd. | 1,239,490 | 5,129 | |
PCCW Ltd. | 7,470,207 | 4,494 | |
Sun Art Retail Group Ltd. | 3,926,960 | 4,255 | |
Swire Pacific Ltd. Class A | 897,513 | 4,093 | |
Bank of East Asia Ltd. | 2,267,915 | 4,091 | |
* | Prada SpA | 916,658 | 3,628 |
* | Wynn Macau Ltd. | 2,625,884 | 3,628 |
Hysan Development Co. Ltd. | 1,106,530 | 3,528 | |
Hang Lung Group Ltd. | 1,577,967 | 3,503 | |
SJM Holdings Ltd. | 3,320,280 | 3,447 | |
SITC International Holdings Co. Ltd. | 2,107,000 | 3,255 |
26
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Man Wah Holdings Ltd. | 2,284,800 | 3,189 | |
Chow Tai Fook Jewellery Group Ltd. | 2,409,992 | 3,080 | |
Microport Scientific Corp. | 800,000 | 2,827 | |
NagaCorp Ltd. | 2,690,000 | 2,782 | |
*,1 | JS Global Lifestyle Co. Ltd. | 1,493,500 | 2,686 |
Kerry Properties Ltd. | 1,073,665 | 2,634 | |
*,1 | Samsonite International SA | 2,289,058 | 2,335 |
Melco International Development Ltd. | 1,423,504 | 2,311 | |
1 | BOC Aviation Ltd. | 371,000 | 2,297 |
NWS Holdings Ltd. | 2,585,043 | 2,269 | |
Kerry Logistics Network Ltd. | 1,037,924 | 2,168 | |
Yue Yuen Industrial Holdings Ltd. | 1,267,728 | 2,065 | |
Dairy Farm International Holdings Ltd. | 542,500 | 2,043 | |
VTech Holdings Ltd. | 290,690 | 1,929 | |
Lee & Man Paper Manufacturing Ltd. | 2,532,743 | 1,919 | |
United Energy Group Ltd. | 13,368,000 | 1,815 | |
Uni-President China Holdings Ltd. | 2,042,788 | 1,769 | |
^ | MGM China Holdings Ltd. | 1,321,964 | 1,745 |
Champion REIT | 3,539,027 | 1,715 | |
* | Shangri-La Asia Ltd. | 1,949,232 | 1,534 |
L'Occitane International SA | 808,275 | 1,480 | |
Swire Pacific Ltd. Class B | 1,785,000 | 1,454 | |
^ | Huabao International Holdings Ltd. | 1,571,000 | 1,425 |
Johnson Electric Holdings Ltd. | 645,622 | 1,336 | |
First Pacific Co. Ltd. | 4,298,253 | 1,335 | |
Nexteer Automotive Group Ltd. | 1,506,000 | 1,258 | |
* | Cathay Pacific Airways Ltd. | 1,813,735 | 1,232 |
Cafe de Coral Holdings Ltd. | 591,108 | 1,222 | |
Haitong International Securities Group Ltd. | 4,532,736 | 1,033 | |
Shun Tak Holdings Ltd. | 3,401,006 | 998 | |
*,^ | MMG Ltd. | 4,008,000 | 951 |
Shui On Land Ltd. | 6,440,885 | 849 | |
Towngas China Co. Ltd. | 1,831,806 | 832 | |
Vinda International Holdings Ltd. | 305,000 | 809 | |
*,^,1 | FIT Hon Teng Ltd. | 1,730,000 | 679 |
* | Lifestyle International Holdings Ltd. | 843,563 | 663 |
*,^ | China Travel International Investment Hong Kong Ltd. | 4,667,542 | 597 |
Guotai Junan International Holdings Ltd. | 4,511,228 | 578 | |
Dah Sing Banking Group Ltd. | 647,244 | 557 | |
Dah Sing Financial Holdings Ltd. | 221,784 | 552 | |
*,^ | FIH Mobile Ltd. | 4,940,762 | 543 |
* | Macau Legend Development Ltd. | 2,657,006 | 360 |
Hutchison Telecommunications Hong Kong Holdings Ltd. | 2,113,886 | 317 | |
*,^ | SA Sa International Holdings Ltd. | 1,903,621 | 273 |
*,§ | Brightoil Petroleum Holdings Ltd. | 3,241,567 | 84 |
*,§ | Legend Holdings Corp. Rights | 50,782 | — |
* | Jiayuan International Group Ltd. Rights | 25,731 | — |
892,537 | |||
Hungary (0.1%) | |||
* | OTP Bank Nyrt | 411,051 | 12,822 |
Richter Gedeon Nyrt | 246,257 | 5,028 | |
* | MOL Hungarian Oil & Gas plc | 782,181 | 3,798 |
Magyar Telekom Telecommunications plc | 698,320 | 770 | |
22,418 | |||
India (2.8%) | |||
Housing Development Finance Corp. Ltd. | 3,117,743 | 80,884 | |
Reliance Industries Ltd. | 2,729,577 | 75,677 | |
1 | Reliance Industries Ltd. GDR | 1,368,639 | 75,383 |
Infosys Ltd. ADR | 4,515,161 | 64,431 | |
Tata Consultancy Services Ltd. | 1,646,845 | 59,353 | |
Hindustan Unilever Ltd. | 1,595,655 | 44,615 | |
Infosys Ltd. | 1,961,294 | 28,100 | |
* | Axis Bank Ltd. | 4,074,056 | 27,005 |
27
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
HCL Technologies Ltd. | 1,948,759 | 22,172 | |
Maruti Suzuki India Ltd. | 216,974 | 20,379 | |
Bharti Airtel Ltd. | 3,395,590 | 19,854 | |
Asian Paints Ltd. | 551,847 | 16,460 | |
Bajaj Finance Ltd. | 347,671 | 15,509 | |
* | ICICI Bank Ltd. | 2,667,959 | 14,034 |
UltraTech Cement Ltd. | 207,978 | 12,826 | |
Sun Pharmaceutical Industries Ltd. | 1,960,324 | 12,311 | |
ITC Ltd. | 5,293,549 | 11,830 | |
Nestle India Ltd. | 44,028 | 10,190 | |
Tech Mahindra Ltd. | 859,365 | 9,463 | |
Mahindra & Mahindra Ltd. | 1,163,245 | 9,312 | |
*,1 | HDFC Life Insurance Co. Ltd. | 1,162,985 | 9,251 |
Titan Co. Ltd. | 556,861 | 8,765 | |
Larsen & Toubro Ltd. | 688,152 | 8,622 | |
Bharat Petroleum Corp. Ltd. | 1,795,106 | 8,582 | |
* | Adani Green Energy Ltd. | 730,515 | 8,438 |
*,1 | Avenue Supermarts Ltd. | 268,356 | 8,113 |
Power Grid Corp. of India Ltd. | 3,310,719 | 7,640 | |
Wipro Ltd. ADR | 1,570,987 | 7,604 | |
JSW Steel Ltd. | 1,818,897 | 7,596 | |
* | State Bank of India GDR | 277,047 | 7,034 |
Divi's Laboratories Ltd. | 164,522 | 6,972 | |
Hero MotoCorp Ltd. | 181,488 | 6,847 | |
Eicher Motors Ltd. | 238,490 | 6,712 | |
Cipla Ltd. | 655,478 | 6,670 | |
*,1 | SBI Life Insurance Co. Ltd. | 638,429 | 6,623 |
Dabur India Ltd. | 958,317 | 6,613 | |
Adani Ports & Special Economic Zone Ltd. | 1,360,042 | 6,597 | |
Grasim Industries Ltd. | 591,477 | 6,210 | |
Bajaj Auto Ltd. | 155,536 | 6,059 | |
Info Edge India Ltd. | 125,185 | 5,992 | |
*,1 | ICICI Lombard General Insurance Co. Ltd. | 359,015 | 5,984 |
*,1 | Bandhan Bank Ltd. | 1,531,114 | 5,954 |
UPL Ltd. | 964,589 | 5,893 | |
Godrej Consumer Products Ltd. | 652,123 | 5,860 | |
NTPC Ltd. | 4,803,184 | 5,675 | |
Dr Reddy's Laboratories Ltd. | 83,708 | 5,514 | |
Britannia Industries Ltd. | 115,567 | 5,412 | |
Bajaj Finserv Ltd. | 68,474 | 5,146 | |
Aurobindo Pharma Ltd. | 472,206 | 4,921 | |
Lupin Ltd. | 398,905 | 4,892 | |
Shree Cement Ltd. | 16,525 | 4,837 | |
Oil & Natural Gas Corp. Ltd. | 5,496,398 | 4,812 | |
Pidilite Industries Ltd. | 222,067 | 4,703 | |
Dr Reddy's Laboratories Ltd. ADR | 71,982 | 4,665 | |
Tata Consumer Products Ltd. | 697,714 | 4,636 | |
Jubilant Foodworks Ltd. | 149,530 | 4,385 | |
Ambuja Cements Ltd. | 1,247,840 | 4,369 | |
Havells India Ltd. | 443,189 | 4,350 | |
Indian Oil Corp. Ltd. | 3,852,395 | 4,135 | |
Coal India Ltd. | 2,672,810 | 4,114 | |
Marico Ltd. | 818,688 | 3,942 | |
Hindalco Industries Ltd. | 1,683,848 | 3,885 | |
Bharti Infratel Ltd. | 1,536,287 | 3,844 | |
Vedanta Ltd. | 2,941,973 | 3,806 | |
* | Tata Motors Ltd. | 2,123,085 | 3,776 |
Zee Entertainment Enterprises Ltd. | 1,490,567 | 3,775 | |
* | United Spirits Ltd. | 516,918 | 3,516 |
Berger Paints India Ltd. | 417,442 | 3,506 | |
Tata Steel Ltd. | 630,376 | 3,502 | |
Wipro Ltd. | 748,174 | 3,431 | |
Embassy Office Parks REIT | 737,200 | 3,423 | |
Muthoot Finance Ltd. | 200,892 | 3,335 |
28
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Shriram Transport Finance Co. Ltd. | 344,244 | 3,219 | |
PI Industries Ltd. | 107,747 | 3,192 | |
Petronet LNG Ltd. | 1,023,827 | 3,189 | |
Piramal Enterprises Ltd. | 185,125 | 3,149 | |
*,1 | InterGlobe Aviation Ltd. | 173,548 | 3,063 |
* | Biocon Ltd. | 559,953 | 3,049 |
Ipca Laboratories Ltd. | 96,443 | 3,009 | |
*,1 | ICICI Prudential Life Insurance Co. Ltd. | 550,803 | 2,996 |
* | Trent Ltd. | 323,413 | 2,876 |
Indraprastha Gas Ltd. | 529,439 | 2,875 | |
*,1 | AU Small Finance Bank Ltd. | 266,021 | 2,783 |
Hindustan Petroleum Corp. Ltd. | 1,098,009 | 2,781 | |
Siemens Ltd. | 156,017 | 2,667 | |
Torrent Pharmaceuticals Ltd. | 75,110 | 2,601 | |
Colgate-Palmolive India Ltd. | 124,255 | 2,542 | |
Mphasis Ltd. | 136,111 | 2,536 | |
Balkrishna Industries Ltd. | 138,642 | 2,516 | |
Cadila Healthcare Ltd. | 443,454 | 2,499 | |
* | SBI Cards & Payment Services Ltd. | 230,639 | 2,487 |
Motherson Sumi Systems Ltd. | 1,742,354 | 2,479 | |
Page Industries Ltd. | 9,068 | 2,455 | |
1 | Larsen & Toubro Infotech Ltd. | 61,290 | 2,418 |
Adani Enterprises Ltd. | 525,574 | 2,415 | |
DLF Ltd. | 1,083,194 | 2,311 | |
Ashok Leyland Ltd. | 2,168,056 | 2,303 | |
1 | HDFC Asset Management Co. Ltd. | 75,177 | 2,281 |
GAIL India Ltd. | 1,951,665 | 2,230 | |
Bharat Forge Ltd. | 344,102 | 2,093 | |
MRF Ltd. | 2,325 | 2,048 | |
LIC Housing Finance Ltd. | 533,684 | 2,036 | |
Bosch Ltd. | 12,984 | 2,030 | |
Container Corp. Of India Ltd. | 375,548 | 1,978 | |
* | Jindal Steel & Power Ltd. | 747,248 | 1,937 |
ACC Ltd. | 84,211 | 1,872 | |
* | Mahindra & Mahindra Financial Services Ltd. | 1,113,541 | 1,836 |
SRF Ltd. | 30,548 | 1,819 | |
* | Federal Bank Ltd. | 2,659,706 | 1,806 |
Cholamandalam Investment and Finance Co. Ltd. | 488,967 | 1,801 | |
* | IDFC Bank | 4,268,357 | 1,757 |
Oracle Financial Services Software Ltd. | 41,276 | 1,751 | |
* | Vodafone Idea Ltd. | 14,700,378 | 1,734 |
Voltas Ltd. | 180,873 | 1,720 | |
REC Ltd. | 1,200,443 | 1,665 | |
* | Godrej Properties Ltd. | 119,328 | 1,664 |
Tata Communications Ltd. | 132,141 | 1,664 | |
Glenmark Pharmaceuticals Ltd. | 256,807 | 1,644 | |
1 | RBL Bank Ltd. | 696,888 | 1,635 |
Kansai Nerolac Paints Ltd. | 233,508 | 1,620 | |
Alkem Laboratories Ltd. | 44,909 | 1,596 | |
Whirlpool of India Ltd. | 54,960 | 1,574 | |
NMDC Ltd. | 1,396,472 | 1,553 | |
United Breweries Ltd. | 123,667 | 1,545 | |
Power Finance Corp. Ltd. | 1,296,910 | 1,524 | |
Coromandel International Ltd. | 154,802 | 1,517 | |
* | Rajesh Exports Ltd. | 241,041 | 1,502 |
Bajaj Holdings & Investment Ltd. | 47,415 | 1,475 | |
Bayer CropScience Ltd. | 19,750 | 1,452 | |
TVS Motor Co. Ltd. | 233,727 | 1,433 | |
Castrol India Ltd. | 917,394 | 1,410 | |
Bharat Electronics Ltd. | 1,123,118 | 1,317 | |
Tata Power Co. Ltd. | 1,867,711 | 1,314 | |
Gujarat Gas Ltd. | 309,550 | 1,239 | |
Hindustan Zinc Ltd. | 443,505 | 1,220 | |
ABB India Ltd. | 95,839 | 1,155 |
29
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Indiabulls Housing Finance Ltd. | 591,624 | 1,117 | |
Dalmia Bharat Ltd. | 98,138 | 1,115 | |
NHPC Ltd. | 4,095,961 | 1,098 | |
Emami Ltd. | 214,987 | 1,048 | |
GlaxoSmithKline Pharmaceuticals Ltd. | 51,872 | 1,025 | |
Torrent Power Ltd. | 241,361 | 1,017 | |
Bata India Ltd. | 56,246 | 998 | |
Gillette India Ltd. | 13,938 | 995 | |
* | GMR Infrastructure Ltd. | 3,143,871 | 991 |
* | Aditya Birla Capital Ltd. | 1,126,852 | 984 |
* | Bank of Baroda | 1,732,715 | 973 |
* | Oberoi Realty Ltd. | 162,389 | 970 |
Indian Railway Catering & Tourism Corp. Ltd. | 54,623 | 969 | |
1 | Nippon Life India Asset Management Ltd. | 264,078 | 968 |
* | State Bank of India | 363,609 | 926 |
* | Steel Authority of India Ltd. | 1,887,580 | 877 |
* | Adani Power Ltd. | 1,814,388 | 876 |
Exide Industries Ltd. | 395,653 | 849 | |
L&T Finance Holdings Ltd. | 951,461 | 826 | |
Sun TV Network Ltd. | 145,168 | 826 | |
* | 3M India Ltd. | 3,274 | 824 |
Cummins India Ltd. | 114,361 | 669 | |
* | Godrej Industries Ltd. | 123,955 | 612 |
* | Punjab National Bank | 1,689,554 | 608 |
* | Canara Bank | 516,594 | 600 |
Oil India Ltd. | 483,289 | 560 | |
* | Bharat Heavy Electricals Ltd. | 1,429,118 | 539 |
JSW Energy Ltd. | 664,223 | 538 | |
* | Tata Motors Ltd. Class A | 641,015 | 479 |
* | Yes Bank Ltd. | 2,544,587 | 425 |
* | Future Retail Ltd. | 405,067 | 389 |
* | Bank of India | 657,868 | 342 |
* | Union Bank of India | 1,015,425 | 329 |
IDFC Ltd. | 491,794 | 202 | |
* | Mangalore Refinery & Petrochemicals Ltd. | 335,742 | 131 |
* | Hemisphere Properties India Ltd. | 120,373 | 110 |
1,081,388 | |||
Indonesia (0.4%) | |||
Bank Central Asia Tbk PT | 17,322,099 | 34,084 | |
Bank Rakyat Indonesia Persero Tbk PT | 95,057,115 | 21,518 | |
Telekomunikasi Indonesia Persero Tbk PT | 83,492,524 | 14,783 | |
Astra International Tbk PT | 36,412,488 | 13,297 | |
Bank Mandiri Persero Tbk PT | 33,170,472 | 12,921 | |
Unilever Indonesia Tbk PT | 10,383,550 | 5,510 | |
Charoen Pokphand Indonesia Tbk PT | 13,060,364 | 5,145 | |
Bank Negara Indonesia Persero Tbk PT | 13,425,587 | 4,271 | |
United Tractors Tbk PT | 2,745,512 | 3,923 | |
Indofood Sukses Makmur Tbk PT | 7,960,405 | 3,771 | |
Kalbe Farma Tbk PT | 33,548,437 | 3,481 | |
Semen Indonesia Persero Tbk PT | 5,259,949 | 3,407 | |
Indah Kiat Pulp & Paper Corp. Tbk PT | 4,729,800 | 2,897 | |
Indofood CBP Sukses Makmur Tbk PT | 4,138,884 | 2,719 | |
* | Gudang Garam Tbk PT | 838,686 | 2,336 |
* | Barito Pacific Tbk PT | 34,011,700 | 2,061 |
Sarana Menara Nusantara Tbk PT | 30,591,400 | 2,049 | |
Indocement Tunggal Prakarsa Tbk PT | 2,371,098 | 1,958 | |
Tower Bersama Infrastructure Tbk PT | 18,286,225 | 1,850 | |
Adaro Energy Tbk PT | 23,474,263 | 1,779 | |
Hanjaya Mandala Sampoerna Tbk PT | 15,846,300 | 1,510 | |
Perusahaan Gas Negara Tbk PT | 18,640,846 | 1,338 | |
* | Vale Indonesia Tbk PT | 3,718,262 | 1,017 |
Bukit Asam Tbk PT | 7,513,155 | 984 | |
Surya Citra Media Tbk PT | 9,572,279 | 957 | |
Jasa Marga Persero Tbk PT | 3,751,819 | 904 |
30
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
XL Axiata Tbk PT | 6,217,150 | 850 | |
* | Bumi Serpong Damai Tbk PT | 12,776,740 | 760 |
Astra Agro Lestari Tbk PT | 680,225 | 497 | |
* | Media Nusantara Citra Tbk PT | 8,802,166 | 491 |
* | Smartfren Telecom Tbk PT | 77,704,000 | 364 |
Bank Danamon Indonesia Tbk PT | 1,024,127 | 170 | |
153,602 | |||
Ireland (0.2%) | |||
Kerry Group plc Class A | 273,450 | 32,733 | |
* | Kingspan Group plc | 269,214 | 23,494 |
Glanbia plc | 355,131 | 3,378 | |
CRH plc (XDUB) | 67,919 | 2,377 | |
* | AIB Group plc | 1,406,514 | 1,591 |
*,§ | Irish Bank Resolution Corp. Ltd. | 236,607 | — |
63,573 | |||
Israel (0.3%) | |||
* | Nice Ltd. | 112,395 | 25,562 |
* | Teva Pharmaceutical Industries Ltd. | 1,726,222 | 14,942 |
Bank Leumi Le-Israel BM | 2,599,508 | 12,252 | |
* | Bank Hapoalim BM | 1,969,256 | 11,495 |
Israel Discount Bank Ltd. Class A | 2,096,660 | 5,869 | |
Elbit Systems Ltd. | 43,378 | 4,888 | |
Mizrahi Tefahot Bank Ltd. | 241,445 | 4,708 | |
ICL Group Ltd. | 1,239,650 | 4,497 | |
* | Bezeq The Israeli Telecommunication Corp. Ltd. | 3,653,525 | 4,120 |
* | Tower Semiconductor Ltd. | 189,536 | 3,887 |
Azrieli Group Ltd. | 66,129 | 3,104 | |
Mivne Real Estate KD Ltd. | 1,217,136 | 2,328 | |
Strauss Group Ltd. | 73,277 | 2,111 | |
First International Bank Of Israel Ltd. | 90,934 | 2,010 | |
Alony Hetz Properties & Investments Ltd. | 190,416 | 1,909 | |
Paz Oil Co. Ltd. | 18,650 | 1,724 | |
* | Shikun & Binui Ltd. | 358,639 | 1,670 |
Shufersal Ltd. | 204,198 | 1,537 | |
* | Harel Insurance Investments & Financial Services Ltd. | 200,671 | 1,458 |
* | Airport City Ltd. | 130,397 | 1,413 |
* | Shapir Engineering and Industry Ltd. | 199,310 | 1,342 |
* | Phoenix Holdings Ltd. | 214,039 | 1,122 |
Melisron Ltd. | 29,981 | 1,084 | |
Amot Investments Ltd. | 232,962 | 1,068 | |
Gazit-Globe Ltd. | 152,633 | 632 | |
* | Teva Pharmaceutical Industries Ltd. ADR | 45,202 | 394 |
* | Energix-Renewable Energies Ltd. | 52,879 | 224 |
117,350 | |||
Italy (1.3%) | |||
Enel SPA | 13,815,707 | 109,843 | |
* | Intesa Sanpaolo SPA (Registered) | 27,557,908 | 45,749 |
Ferrari NV | 217,024 | 38,716 | |
Eni SPA | 4,292,207 | 30,067 | |
Assicurazioni Generali SPA | 2,183,549 | 29,291 | |
* | UniCredit SPA | 3,801,853 | 28,474 |
* | Fiat Chrysler Automobiles NV | 1,963,982 | 24,093 |
Snam SPA | 3,911,492 | 19,073 | |
Terna Rete Elettrica Nazionale SPA | 2,502,569 | 16,897 | |
* | FinecoBank Banca Fineco SPA | 1,093,934 | 15,020 |
* | Moncler SPA | 343,619 | 13,749 |
* | CNH Industrial NV | 1,755,011 | 13,608 |
* | Atlantia SPA | 875,635 | 13,441 |
Prysmian SPA | 427,487 | 11,633 | |
Davide Campari-Milano NV | 995,996 | 10,410 | |
*,1 | Nexi SPA | 664,812 | 10,234 |
Exor NV | 187,764 | 9,769 | |
Mediobanca Banca di Credito Finanziario SPA | 1,375,465 | 9,765 |
31
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Recordati Industria Chimica e Farmaceutica SPA | 173,326 | 8,986 | |
DiaSorin SPA | 40,354 | 8,859 | |
* | Amplifon SPA | 214,931 | 7,814 |
Telecom Italia SPA (Registered) | 19,174,383 | 6,513 | |
1 | Poste Italiane SPA | 795,317 | 6,493 |
1 | Infrastrutture Wireless Italiane SPA | 506,460 | 5,471 |
Italgas SPA | 881,112 | 5,092 | |
Hera SPA | 1,364,602 | 4,286 | |
Telecom Italia SPA (Bearer) | 10,671,792 | 3,885 | |
A2A SpA | 2,792,076 | 3,546 | |
^ | Leonardo SPA | 707,314 | 3,373 |
Banca Mediolanum SPA | 463,489 | 3,167 | |
*,1 | Pirelli & C SPA | 711,156 | 2,965 |
Tenaris SA | 614,175 | 2,931 | |
Buzzi Unicem SPA | 130,298 | 2,819 | |
UnipolSai Assicurazioni SPA | 870,892 | 2,023 | |
Buzzi Unicem SPA Saving Shares | 63,601 | 902 | |
528,957 | |||
Japan (17.3%) | |||
Toyota Motor Corp. | 4,363,891 | 286,476 | |
Sony Corp. | 2,169,790 | 180,888 | |
SoftBank Group Corp. | 2,618,036 | 170,523 | |
Keyence Corp. | 321,416 | 145,866 | |
Nintendo Co. Ltd. | 189,569 | 102,498 | |
Shin-Etsu Chemical Co. Ltd. | 707,401 | 94,485 | |
Daiichi Sankyo Co. Ltd. | 3,387,383 | 89,405 | |
Daikin Industries Ltd. | 473,071 | 88,527 | |
Mitsubishi UFJ Financial Group Inc. | 22,039,359 | 86,877 | |
Recruit Holdings Co. Ltd. | 2,256,761 | 85,871 | |
Nidec Corp. | 827,310 | 83,560 | |
KDDI Corp. | 3,002,664 | 81,237 | |
Takeda Pharmaceutical Co. Ltd. | 2,534,079 | 78,310 | |
NTT DOCOMO Inc. | 1,995,545 | 74,305 | |
Hoya Corp. | 644,926 | 72,784 | |
FANUC Corp. | 340,517 | 71,926 | |
Honda Motor Co. Ltd. | 3,036,429 | 71,821 | |
Murata Manufacturing Co. Ltd. | 1,022,295 | 71,692 | |
Tokyo Electron Ltd. | 264,320 | 70,946 | |
Fast Retailing Co. Ltd. | 91,985 | 64,163 | |
Sumitomo Mitsui Financial Group Inc. | 2,291,230 | 63,426 | |
Kao Corp. | 831,679 | 59,214 | |
ITOCHU Corp. | 2,417,165 | 58,057 | |
SoftBank Corp. | 4,888,938 | 56,895 | |
Hitachi Ltd. | 1,658,691 | 55,905 | |
Mizuho Financial Group Inc. | 4,477,695 | 55,130 | |
SMC Corp. | 101,638 | 54,062 | |
Tokio Marine Holdings Inc. | 1,152,741 | 51,521 | |
M3 Inc. | 755,256 | 51,007 | |
Mitsubishi Corp. | 2,125,263 | 47,418 | |
Oriental Land Co. Ltd. | 335,776 | 47,001 | |
Nippon Telegraph & Telephone Corp. | 2,187,570 | 46,017 | |
Mitsui & Co. Ltd. | 2,937,333 | 46,009 | |
Mitsubishi Electric Corp. | 3,518,900 | 45,320 | |
Astellas Pharma Inc. | 3,298,378 | 45,230 | |
Chugai Pharmaceutical Co. Ltd. | 1,160,292 | 44,787 | |
Terumo Corp. | 1,166,774 | 42,942 | |
Shiseido Co. Ltd. | 689,355 | 42,676 | |
Seven & i Holdings Co. Ltd. | 1,354,419 | 41,167 | |
Fujitsu Ltd. | 338,707 | 40,074 | |
Japan Tobacco Inc. | 2,088,267 | 39,316 | |
Central Japan Railway Co. | 321,349 | 38,857 | |
Denso Corp. | 803,299 | 37,431 | |
Komatsu Ltd. | 1,627,511 | 36,693 | |
Eisai Co. Ltd. | 471,502 | 36,661 |
32
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Olympus Corp. | 1,884,076 | 36,069 | |
Panasonic Corp. | 3,796,170 | 35,067 | |
Suzuki Motor Corp. | 804,475 | 34,550 | |
Kubota Corp. | 1,963,387 | 34,120 | |
East Japan Railway Co. | 640,316 | 33,484 | |
Bridgestone Corp. | 1,002,042 | 32,662 | |
Z Holdings Corp. | 4,654,201 | 32,454 | |
Unicharm Corp. | 697,257 | 32,263 | |
FUJIFILM Holdings Corp. | 632,405 | 32,248 | |
Aeon Co. Ltd. | 1,254,986 | 32,063 | |
Sysmex Corp. | 340,390 | 31,972 | |
Shimano Inc. | 138,262 | 31,623 | |
Canon Inc. | 1,780,988 | 31,000 | |
Mitsubishi Estate Co. Ltd. | 2,039,661 | 30,423 | |
Kyocera Corp. | 552,059 | 30,403 | |
Daiwa House Industry Co. Ltd. | 1,150,582 | 30,231 | |
Secom Co. Ltd. | 347,406 | 29,349 | |
Dai-ichi Life Holdings Inc. | 1,923,511 | 28,728 | |
Mitsui Fudosan Co. Ltd. | 1,664,646 | 28,345 | |
Otsuka Holdings Co. Ltd. | 744,516 | 27,574 | |
Nitori Holdings Co. Ltd. | 132,843 | 27,307 | |
ORIX Corp. | 2,241,253 | 26,212 | |
Bandai Namco Holdings Inc. | 345,134 | 25,794 | |
TDK Corp. | 214,554 | 25,232 | |
Nippon Paint Holdings Co. Ltd. | 276,669 | 24,922 | |
Kirin Holdings Co. Ltd. | 1,369,806 | 24,695 | |
Nomura Holdings Inc. | 5,376,323 | 24,078 | |
Omron Corp. | 332,425 | 24,003 | |
Japan Exchange Group Inc. | 959,385 | 23,422 | |
Asahi Group Holdings Ltd. | 753,264 | 23,311 | |
MS&AD Insurance Group Holdings Inc. | 842,312 | 23,050 | |
Shionogi & Co. Ltd. | 484,743 | 22,865 | |
NEC Corp. | 450,786 | 22,706 | |
Sompo Holdings Inc. | 597,367 | 22,303 | |
Ono Pharmaceutical Co. Ltd. | 766,924 | 21,877 | |
Sumitomo Corp. | 1,993,345 | 21,808 | |
Obic Co. Ltd. | 120,211 | 21,283 | |
Advantest Corp. | 353,612 | 20,482 | |
Nexon Co. Ltd. | 730,426 | 20,358 | |
Toshiba Corp. | 788,421 | 19,944 | |
Subaru Corp. | 1,080,938 | 19,838 | |
Pan Pacific International Holdings Corp. | 910,488 | 19,319 | |
Makita Corp. | 436,124 | 19,278 | |
Asahi Kasei Corp. | 2,216,629 | 19,208 | |
Sumitomo Realty & Development Co. Ltd. | 707,362 | 18,929 | |
Nitto Denko Corp. | 265,654 | 18,664 | |
SG Holdings Co. Ltd. | 755,800 | 18,230 | |
Toyota Industries Corp. | 281,560 | 18,195 | |
ENEOS Holdings Inc. | 5,294,235 | 17,864 | |
Daifuku Co. Ltd. | 173,049 | 17,844 | |
Yaskawa Electric Corp. | 458,794 | 17,840 | |
Sumitomo Mitsui Trust Holdings Inc. | 653,254 | 17,564 | |
Ajinomoto Co. Inc. | 872,480 | 17,529 | |
MEIJI Holdings Co. Ltd. | 237,744 | 17,224 | |
Tokyo Gas Co. Ltd. | 754,466 | 17,096 | |
Sekisui House Ltd. | 1,026,061 | 17,046 | |
Kikkoman Corp. | 327,548 | 16,312 | |
Yamato Holdings Co. Ltd. | 612,361 | 16,210 | |
Japan Post Holdings Co. Ltd. | 2,292,054 | 15,727 | |
MISUMI Group Inc. | 498,767 | 14,813 | |
Sumitomo Electric Industries Ltd. | 1,318,896 | 14,561 | |
Marubeni Corp. | 2,776,403 | 14,496 | |
* | Nippon Steel Corp. | 1,454,057 | 14,103 |
Nomura Research Institute Ltd. | 468,200 | 13,801 |
33
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Chubu Electric Power Co. Inc. | 1,231,597 | 13,796 | |
Rakuten Inc. | 1,415,739 | 13,774 | |
Shimadzu Corp. | 480,802 | 13,748 | |
West Japan Railway Co. | 320,471 | 13,747 | |
Nihon M&A Center Inc. | 231,072 | 13,569 | |
Osaka Gas Co. Ltd. | 701,854 | 13,328 | |
Disco Corp. | 49,368 | 13,325 | |
MINEBEA MITSUMI Inc. | 735,127 | 13,277 | |
Sumitomo Metal Mining Co. Ltd. | 426,685 | 13,263 | |
Odakyu Electric Railway Co. Ltd. | 549,232 | 13,254 | |
Yamaha Corp. | 275,435 | 13,057 | |
Mitsubishi Chemical Holdings Corp. | 2,275,112 | 12,805 | |
Nissan Chemical Corp. | 241,055 | 12,793 | |
Resona Holdings Inc. | 3,856,175 | 12,714 | |
NTT Data Corp. | 1,126,290 | 12,712 | |
Kintetsu Group Holdings Co. Ltd. | 317,394 | 12,682 | |
Toray Industries Inc. | 2,687,552 | 12,161 | |
* | Nissan Motor Co. Ltd. | 3,377,539 | 11,958 |
Keio Corp. | 205,620 | 11,950 | |
Hankyu Hanshin Holdings Inc. | 387,288 | 11,825 | |
TOTO Ltd. | 258,326 | 11,794 | |
Lasertec Corp. | 135,400 | 11,728 | |
Kansai Electric Power Co. Inc. | 1,279,253 | 11,642 | |
Trend Micro Inc. | 206,419 | 11,563 | |
MonotaRO Co. Ltd. | 208,864 | 11,553 | |
Hamamatsu Photonics KK | 227,597 | 11,453 | |
Santen Pharmaceutical Co. Ltd. | 641,202 | 11,424 | |
Yakult Honsha Co. Ltd. | 232,660 | 11,259 | |
Taisei Corp. | 360,057 | 11,204 | |
Dentsu Group Inc. | 385,595 | 11,116 | |
Rohm Co. Ltd. | 144,554 | 11,114 | |
Toyota Tsusho Corp. | 397,814 | 11,101 | |
Kyowa Kirin Co. Ltd. | 446,652 | 11,092 | |
Daiwa Securities Group Inc. | 2,665,567 | 10,800 | |
CyberAgent Inc. | 171,540 | 10,790 | |
Kobayashi Pharmaceutical Co. Ltd. | 109,600 | 10,680 | |
Nissin Foods Holdings Co. Ltd. | 122,895 | 10,641 | |
* | Renesas Electronics Corp. | 1,275,900 | 10,532 |
Mitsubishi Heavy Industries Ltd. | 489,827 | 10,524 | |
Daito Trust Construction Co. Ltd. | 115,077 | 10,468 | |
AGC Inc. | 333,872 | 10,425 | |
Asahi Intecc Co. Ltd. | 336,284 | 10,421 | |
Tobu Railway Co. Ltd. | 365,132 | 10,361 | |
Tokyu Corp. | 869,722 | 10,319 | |
LIXIL Group Corp. | 474,958 | 10,313 | |
Obayashi Corp. | 1,202,615 | 10,064 | |
T&D Holdings Inc. | 983,838 | 9,833 | |
Koito Manufacturing Co. Ltd. | 203,428 | 9,810 | |
Azbil Corp. | 239,748 | 9,730 | |
Sekisui Chemical Co. Ltd. | 622,989 | 9,711 | |
SBI Holdings Inc. | 408,791 | 9,423 | |
Hikari Tsushin Inc. | 40,023 | 9,387 | |
Lion Corp. | 450,889 | 9,194 | |
Aisin Seiki Co. Ltd. | 302,578 | 9,168 | |
Tsuruha Holdings Inc. | 65,363 | 9,152 | |
Dai Nippon Printing Co. Ltd. | 490,051 | 9,129 | |
Nagoya Railroad Co. Ltd. | 338,201 | 9,015 | |
Kansai Paint Co. Ltd. | 345,926 | 8,919 | |
Pigeon Corp. | 193,098 | 8,892 | |
Ryohin Keikaku Co. Ltd. | 422,440 | 8,867 | |
Capcom Co. Ltd. | 161,446 | 8,830 | |
Sumitomo Chemical Co. Ltd. | 2,686,105 | 8,787 | |
GMO Payment Gateway Inc. | 71,593 | 8,772 | |
Kajima Corp. | 810,924 | 8,665 |
34
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Hirose Electric Co. Ltd. | 60,931 | 8,505 | |
Otsuka Corp. | 182,570 | 8,389 | |
Miura Co. Ltd. | 177,518 | 8,364 | |
Idemitsu Kosan Co. Ltd. | 411,546 | 8,323 | |
Tosoh Corp. | 509,666 | 8,262 | |
Toho Gas Co. Ltd. | 159,812 | 8,250 | |
Taiyo Yuden Co. Ltd. | 221,663 | 8,199 | |
TIS Inc. | 422,818 | 8,086 | |
Square Enix Holdings Co. Ltd. | 138,153 | 8,027 | |
Toyo Suisan Kaisha Ltd. | 160,811 | 8,003 | |
Toho Co. Ltd. | 202,086 | 8,003 | |
Ricoh Co. Ltd. | 1,216,679 | 7,990 | |
Mitsui Chemicals Inc. | 311,613 | 7,981 | |
Ibiden Co. Ltd. | 194,872 | 7,946 | |
Nabtesco Corp. | 208,791 | 7,800 | |
Suntory Beverage & Food Ltd. | 224,568 | 7,745 | |
Inpex Corp. | 1,602,378 | 7,599 | |
Isuzu Motors Ltd. | 922,531 | 7,485 | |
Tohoku Electric Power Co. Inc. | 846,231 | 7,466 | |
Hoshizaki Corp. | 93,213 | 7,444 | |
JSR Corp. | 321,861 | 7,275 | |
NH Foods Ltd. | 177,567 | 7,274 | |
Stanley Electric Co. Ltd. | 255,376 | 7,273 | |
Yamaha Motor Co. Ltd. | 504,586 | 7,215 | |
* | PeptiDream Inc. | 153,060 | 7,073 |
* | Tokyo Electric Power Co. Holdings Inc. | 2,737,749 | 7,064 |
Welcia Holdings Co. Ltd. | 179,428 | 7,032 | |
Nippon Express Co. Ltd. | 125,368 | 7,031 | |
USS Co. Ltd. | 380,896 | 6,967 | |
Kyushu Electric Power Co. Inc. | 829,296 | 6,952 | |
Nisshin Seifun Group Inc. | 458,124 | 6,899 | |
Chugoku Electric Power Co. Inc. | 548,879 | 6,896 | |
Fuji Electric Co. Ltd. | 227,114 | 6,887 | |
Keisei Electric Railway Co. Ltd. | 245,882 | 6,878 | |
Shimizu Corp. | 990,096 | 6,875 | |
Oji Holdings Corp. | 1,594,403 | 6,720 | |
Marui Group Co. Ltd. | 369,658 | 6,680 | |
Brother Industries Ltd. | 431,747 | 6,671 | |
Keihan Holdings Co. Ltd. | 175,213 | 6,656 | |
NGK Insulators Ltd. | 464,177 | 6,631 | |
Kose Corp. | 51,795 | 6,603 | |
Concordia Financial Group Ltd. | 1,987,175 | 6,560 | |
Nippon Shinyaku Co. Ltd. | 91,534 | 6,541 | |
Rinnai Corp. | 66,222 | 6,525 | |
Konami Holdings Corp. | 166,331 | 6,510 | |
Toppan Printing Co. Ltd. | 509,406 | 6,478 | |
Ito En Ltd. | 102,220 | 6,474 | |
Yamada Holdings Co. Ltd. | 1,322,263 | 6,447 | |
* | JFE Holdings Inc. | 913,893 | 6,421 |
NSK Ltd. | 797,776 | 6,387 | |
Yokogawa Electric Corp. | 434,348 | 6,386 | |
Keikyu Corp. | 445,174 | 6,226 | |
SUMCO Corp. | 404,866 | 6,175 | |
NGK Spark Plug Co. Ltd. | 348,837 | 6,135 | |
Kakaku.com Inc. | 230,637 | 6,095 | |
Hulic Co. Ltd. | 655,347 | 6,070 | |
Hisamitsu Pharmaceutical Co. Inc. | 126,588 | 6,055 | |
Shizuoka Bank Ltd. | 893,284 | 6,008 | |
Kyushu Railway Co. | 281,008 | 5,977 | |
Mitsubishi Gas Chemical Co. Inc. | 324,209 | 5,910 | |
Haseko Corp. | 492,592 | 5,906 | |
Kurita Water Industries Ltd. | 197,635 | 5,880 | |
Itochu Techno-Solutions Corp. | 172,784 | 5,862 | |
Casio Computer Co. Ltd. | 384,802 | 5,846 |
35
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Oracle Corp. Japan | 58,008 | 5,797 | |
Bank of Kyoto Ltd. | 131,186 | 5,794 | |
Kuraray Co. Ltd. | 618,610 | 5,722 | |
Alfresa Holdings Corp. | 312,166 | 5,716 | |
Chiba Bank Ltd. | 1,103,653 | 5,701 | |
Seiko Epson Corp. | 487,173 | 5,658 | |
Sohgo Security Services Co. Ltd. | 119,789 | 5,582 | |
Japan Post Bank Co. Ltd. | 682,025 | 5,440 | |
Takeda Pharmaceutical Co. Ltd. ADR | 352,993 | 5,433 | |
^ | Anritsu Corp. | 248,000 | 5,429 |
Hakuhodo DY Holdings Inc. | 424,443 | 5,408 | |
Tokyo Century Corp. | 110,183 | 5,402 | |
Rohto Pharmaceutical Co. Ltd. | 172,792 | 5,402 | |
THK Co. Ltd. | 203,324 | 5,397 | |
Mazda Motor Corp. | 1,016,242 | 5,336 | |
Cosmos Pharmaceutical Corp. | 31,200 | 5,299 | |
Nippon Yusen KK | 285,212 | 5,264 | |
Japan Post Insurance Co. Ltd. | 327,285 | 5,188 | |
Koei Tecmo Holdings Co. Ltd. | 104,760 | 5,118 | |
Teijin Ltd. | 333,710 | 5,112 | |
COMSYS Holdings Corp. | 200,772 | 5,102 | |
Alps Alpine Co. Ltd. | 351,692 | 5,074 | |
Taiheiyo Cement Corp. | 212,406 | 4,986 | |
Sushiro Global Holdings Ltd. | 183,000 | 4,968 | |
Matsumotokiyoshi Holdings Co. Ltd. | 134,148 | 4,952 | |
Fukuoka Financial Group Inc. | 292,998 | 4,901 | |
^ | Skylark Holdings Co. Ltd. | 342,003 | 4,878 |
Amada Co. Ltd. | 557,157 | 4,849 | |
Kagome Co. Ltd. | 141,328 | 4,841 | |
Denka Co. Ltd. | 156,259 | 4,814 | |
Nichirei Corp. | 190,826 | 4,809 | |
Suzuken Co. Ltd. | 131,957 | 4,764 | |
Tokyu Fudosan Holdings Corp. | 1,086,437 | 4,748 | |
Ebara Corp. | 170,126 | 4,729 | |
Sojitz Corp. | 2,138,960 | 4,707 | |
Goldwin Inc. | 63,000 | 4,699 | |
Hitachi Metals Ltd. | 353,519 | 4,688 | |
* | LINE Corp. | 90,869 | 4,663 |
Hitachi Construction Machinery Co. Ltd. | 189,032 | 4,662 | |
Taisho Pharmaceutical Holdings Co. Ltd. | 76,854 | 4,624 | |
MediPal Holdings Corp. | 256,207 | 4,567 | |
NOF Corp. | 121,500 | 4,566 | |
Air Water Inc. | 319,418 | 4,564 | |
Relo Group Inc. | 190,080 | 4,562 | |
Persol Holdings Co. Ltd. | 300,880 | 4,557 | |
Iida Group Holdings Co. Ltd. | 251,407 | 4,549 | |
Nippon Building Fund Inc. | 895 | 4,520 | |
Nifco Inc. | 150,758 | 4,513 | |
Nankai Electric Railway Co. Ltd. | 197,240 | 4,504 | |
NET One Systems Co. Ltd. | 149,400 | 4,467 | |
^ | Mitsui OSK Lines Ltd. | 197,622 | 4,461 |
ZOZO Inc. | 174,237 | 4,420 | |
Showa Denko KK | 258,175 | 4,390 | |
House Foods Group Inc. | 131,607 | 4,357 | |
Sundrug Co. Ltd. | 116,696 | 4,333 | |
* | ANA Holdings Inc. | 198,294 | 4,325 |
Sega Sammy Holdings Inc. | 341,863 | 4,284 | |
Sumitomo Heavy Industries Ltd. | 198,990 | 4,265 | |
FamilyMart Co. Ltd. | 191,500 | 4,209 | |
Kyowa Exeo Corp. | 182,500 | 4,208 | |
Shimamura Co. Ltd. | 39,175 | 4,176 | |
Sugi Holdings Co. Ltd. | 62,916 | 4,155 | |
Nihon Kohden Corp. | 131,950 | 4,127 | |
Mitsubishi Materials Corp. | 223,504 | 4,101 |
36
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Shinsei Bank Ltd. | 340,862 | 4,101 | |
Calbee Inc. | 133,652 | 4,100 | |
Tokai Carbon Co. Ltd. | 358,400 | 4,068 | |
Tokyo Tatemono Co. Ltd. | 351,616 | 4,044 | |
Electric Power Development Co. Ltd. | 297,634 | 4,022 | |
SHO-BOND Holdings Co. Ltd. | 83,100 | 4,011 | |
Zensho Holdings Co. Ltd. | 171,488 | 4,008 | |
Sanwa Holdings Corp. | 350,607 | 3,999 | |
Kewpie Corp. | 194,169 | 3,974 | |
TechnoPro Holdings Inc. | 63,400 | 3,943 | |
Justsystems Corp. | 60,200 | 3,937 | |
Lawson Inc. | 84,935 | 3,902 | |
Fancl Corp. | 123,700 | 3,898 | |
K's Holdings Corp. | 303,822 | 3,880 | |
Open House Co. Ltd. | 112,900 | 3,845 | |
Asics Corp. | 306,835 | 3,833 | |
Mabuchi Motor Co. Ltd. | 92,608 | 3,818 | |
Sumitomo Forestry Co. Ltd. | 240,857 | 3,794 | |
SCREEN Holdings Co. Ltd. | 69,071 | 3,783 | |
Ezaki Glico Co. Ltd. | 90,823 | 3,767 | |
Nippon Sanso Holdings Corp. | 254,874 | 3,737 | |
SCSK Corp. | 74,991 | 3,729 | |
Yamazaki Baking Co. Ltd. | 226,444 | 3,720 | |
Seibu Holdings Inc. | 370,231 | 3,702 | |
Mebuki Financial Group Inc. | 1,822,500 | 3,662 | |
Hino Motors Ltd. | 477,785 | 3,661 | |
Japan Airport Terminal Co. Ltd. | 83,437 | 3,624 | |
Nishi-Nippon Railroad Co. Ltd. | 137,113 | 3,623 | |
Kinden Corp. | 229,698 | 3,602 | |
Nikon Corp. | 582,901 | 3,552 | |
Sumitomo Dainippon Pharma Co. Ltd. | 302,289 | 3,543 | |
Coca-Cola Bottlers Japan Holdings Inc. | 249,962 | 3,528 | |
DIC Corp. | 144,677 | 3,522 | |
Ain Holdings Inc. | 50,198 | 3,511 | |
Nomura Real Estate Holdings Inc. | 201,012 | 3,511 | |
Zenkoku Hosho Co. Ltd. | 88,954 | 3,508 | |
Morinaga Milk Industry Co. Ltd. | 72,400 | 3,491 | |
Tsumura & Co. | 118,191 | 3,469 | |
Sotetsu Holdings Inc. | 140,492 | 3,467 | |
* | Japan Airlines Co. Ltd. | 198,038 | 3,459 |
Daicel Corp. | 481,385 | 3,436 | |
Nihon Unisys Ltd. | 116,300 | 3,428 | |
Seino Holdings Co. Ltd. | 264,402 | 3,417 | |
Aozora Bank Ltd. | 206,522 | 3,393 | |
Mitsubishi UFJ Lease & Finance Co. Ltd. | 799,891 | 3,389 | |
Toyoda Gosei Co. Ltd. | 132,257 | 3,361 | |
J Front Retailing Co. Ltd. | 439,337 | 3,348 | |
Horiba Ltd. | 67,837 | 3,337 | |
Sawai Pharmaceutical Co. Ltd. | 68,628 | 3,308 | |
Aeon Mall Co. Ltd. | 211,043 | 3,292 | |
Ship Healthcare Holdings Inc. | 68,800 | 3,265 | |
Penta-Ocean Construction Co. Ltd. | 514,600 | 3,263 | |
FP Corp. | 81,446 | 3,248 | |
JTEKT Corp. | 405,602 | 3,232 | |
Sankyu Inc. | 90,100 | 3,228 | |
Kamigumi Co. Ltd. | 179,784 | 3,217 | |
Kyushu Financial Group Inc. | 686,730 | 3,212 | |
^ | Sharp Corp. | 276,767 | 3,200 |
PALTAC Corp. | 56,900 | 3,181 | |
Aica Kogyo Co. Ltd. | 93,600 | 3,152 | |
JGC Holdings Corp. | 383,393 | 3,152 | |
Iyo Bank Ltd. | 499,241 | 3,133 | |
Takara Holdings Inc. | 310,162 | 3,127 | |
^ | Mitsubishi Logistics Corp. | 118,693 | 3,124 |
37
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Ube Industries Ltd. | 180,798 | 3,104 | |
Zeon Corp. | 254,660 | 3,098 | |
* | Kawasaki Heavy Industries Ltd. | 258,700 | 3,091 |
Acom Co. Ltd. | 685,972 | 3,083 | |
Tokyo Ohka Kogyo Co. Ltd. | 51,800 | 3,067 | |
Isetan Mitsukoshi Holdings Ltd. | 626,857 | 3,053 | |
Credit Saison Co. Ltd. | 278,253 | 3,008 | |
Ulvac Inc. | 81,800 | 2,996 | |
Hachijuni Bank Ltd. | 807,658 | 2,983 | |
Benesse Holdings Inc. | 126,341 | 2,979 | |
Hirogin Holdings Inc. | 534,221 | 2,908 | |
DeNA Co. Ltd. | 170,107 | 2,902 | |
Bic Camera Inc. | 262,552 | 2,900 | |
GMO internet Inc. | 108,600 | 2,897 | |
Rengo Co. Ltd. | 371,988 | 2,862 | |
Kaneka Corp. | 101,335 | 2,836 | |
Nippon Shokubai Co. Ltd. | 57,726 | 2,827 | |
Amano Corp. | 120,100 | 2,827 | |
GLP J-Reit | 1,819 | 2,804 | |
Nippon Electric Glass Co. Ltd. | 142,485 | 2,802 | |
Seven Bank Ltd. | 1,212,539 | 2,783 | |
Furukawa Electric Co. Ltd. | 110,926 | 2,780 | |
Yamaguchi Financial Group Inc. | 426,600 | 2,775 | |
Mani Inc. | 110,500 | 2,764 | |
Fujitsu General Ltd. | 99,430 | 2,760 | |
Yaoko Co. Ltd. | 38,700 | 2,739 | |
IHI Corp. | 225,687 | 2,733 | |
Tokuyama Corp. | 121,800 | 2,715 | |
Morinaga & Co. Ltd. | 71,100 | 2,701 | |
Sumitomo Rubber Industries Ltd. | 306,085 | 2,692 | |
Chugoku Bank Ltd. | 309,863 | 2,684 | |
SMS Co. Ltd. | 90,600 | 2,667 | |
Toyo Tire Corp. | 178,987 | 2,655 | |
* | Park24 Co. Ltd. | 195,856 | 2,646 |
JCR Pharmaceuticals Co. Ltd. | 102,000 | 2,641 | |
Benefit One Inc. | 103,400 | 2,588 | |
Yokohama Rubber Co. Ltd. | 180,136 | 2,588 | |
Pola Orbis Holdings Inc. | 131,212 | 2,587 | |
Maruichi Steel Tube Ltd. | 112,008 | 2,570 | |
Nippon Kayaku Co. Ltd. | 296,677 | 2,553 | |
OKUMA Corp. | 52,572 | 2,552 | |
TS Tech Co. Ltd. | 92,038 | 2,548 | |
Mitsui Mining & Smelting Co. Ltd. | 99,500 | 2,512 | |
Nagase & Co. Ltd. | 192,069 | 2,505 | |
Toyo Seikan Group Holdings Ltd. | 266,165 | 2,487 | |
DMG Mori Co. Ltd. | 185,834 | 2,485 | |
Hitachi Transport System Ltd. | 78,298 | 2,482 | |
Nippon Prologis REIT Inc. | 748 | 2,462 | |
Daiichikosho Co. Ltd. | 71,696 | 2,453 | |
Fuji Oil Holdings Inc. | 77,400 | 2,449 | |
H.U. Group Holdings Inc. | 94,616 | 2,407 | |
Toda Corp. | 421,408 | 2,407 | |
Kaken Pharmaceutical Co. Ltd. | 60,865 | 2,397 | |
GS Yuasa Corp. | 136,882 | 2,389 | |
Izumi Co. Ltd. | 70,382 | 2,387 | |
Fukuyama Transporting Co. Ltd. | 56,816 | 2,381 | |
ABC-Mart Inc. | 46,686 | 2,368 | |
Gunma Bank Ltd. | 742,551 | 2,356 | |
Dowa Holdings Co. Ltd. | 81,651 | 2,337 | |
As One Corp. | 16,100 | 2,327 | |
Nippo Corp. | 89,859 | 2,308 | |
Kusuri no Aoki Holdings Co. Ltd. | 28,412 | 2,268 | |
Ushio Inc. | 202,880 | 2,266 | |
Japan Real Estate Investment Corp. | 459 | 2,249 |
38
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
^ | Kobe Bussan Co. Ltd. | 78,600 | 2,211 |
NOK Corp. | 193,633 | 2,208 | |
Takara Bio Inc. | 80,900 | 2,203 | |
Hokuhoku Financial Group Inc. | 230,030 | 2,183 | |
Nipro Corp. | 206,202 | 2,170 | |
AEON Financial Service Co. Ltd. | 208,273 | 2,133 | |
* | Kobe Steel Ltd. | 545,218 | 2,129 |
Hokuriku Electric Power Co. | 297,140 | 2,119 | |
* | Mitsubishi Motors Corp. | 1,151,433 | 2,112 |
Konica Minolta Inc. | 827,425 | 2,108 | |
Shochiku Co. Ltd. | 18,034 | 2,088 | |
Toyobo Co. Ltd. | 156,224 | 2,083 | |
Kokuyo Co. Ltd. | 152,900 | 2,078 | |
Daido Steel Co. Ltd. | 63,148 | 2,068 | |
OSG Corp. | 136,926 | 2,051 | |
Lintec Corp. | 91,899 | 2,037 | |
Ariake Japan Co. Ltd. | 31,385 | 2,011 | |
Glory Ltd. | 92,318 | 1,946 | |
Shiga Bank Ltd. | 89,890 | 1,941 | |
Shikoku Electric Power Co. Inc. | 269,853 | 1,940 | |
Takashimaya Co. Ltd. | 258,112 | 1,929 | |
Fuyo General Lease Co. Ltd. | 33,600 | 1,929 | |
Nippon Paper Industries Co. Ltd. | 170,744 | 1,928 | |
Sumitomo Osaka Cement Co. Ltd. | 63,020 | 1,917 | |
Kyudenko Corp. | 68,661 | 1,874 | |
^ | Sanrio Co. Ltd. | 100,950 | 1,857 |
77 Bank Ltd. | 128,905 | 1,803 | |
Canon Marketing Japan Inc. | 83,756 | 1,784 | |
Cosmo Energy Holdings Co. Ltd. | 120,743 | 1,767 | |
Nomura Real Estate Master Fund Inc. | 1,476 | 1,763 | |
Sapporo Holdings Ltd. | 107,931 | 1,762 | |
Sankyo Co. Ltd. | 68,982 | 1,758 | |
Toshiba TEC Corp. | 43,700 | 1,750 | |
Wacoal Holdings Corp. | 95,024 | 1,723 | |
Pilot Corp. | 61,370 | 1,712 | |
NHK Spring Co. Ltd. | 282,948 | 1,711 | |
Maeda Corp. | 231,300 | 1,665 | |
Resorttrust Inc. | 117,326 | 1,652 | |
NS Solutions Corp. | 56,421 | 1,652 | |
Hitachi Capital Corp. | 77,499 | 1,639 | |
Nisshinbo Holdings Inc. | 244,666 | 1,631 | |
Sumitomo Bakelite Co. Ltd. | 57,500 | 1,627 | |
Toyota Boshoku Corp. | 111,125 | 1,614 | |
Kyoritsu Maintenance Co. Ltd. | 45,100 | 1,614 | |
Megmilk Snow Brand Co. Ltd. | 74,269 | 1,609 | |
Mochida Pharmaceutical Co. Ltd. | 43,344 | 1,583 | |
Itoham Yonekyu Holdings Inc. | 235,990 | 1,580 | |
GungHo Online Entertainment Inc. | 62,535 | 1,554 | |
Kotobuki Spirits Co. Ltd. | 32,700 | 1,516 | |
Yamato Kogyo Co. Ltd. | 62,999 | 1,513 | |
ASKUL Corp. | 38,769 | 1,489 | |
Matsui Securities Co. Ltd. | 184,560 | 1,477 | |
Japan Retail Fund Investment Corp. | 1,020 | 1,470 | |
Kandenko Co. Ltd. | 189,728 | 1,424 | |
Tokai Rika Co. Ltd. | 90,679 | 1,421 | |
Daiwa House REIT Investment Corp. | 607 | 1,404 | |
OBIC Business Consultants Co. Ltd. | 25,884 | 1,393 | |
Fuji Seal International Inc. | 73,500 | 1,373 | |
Orix JREIT Inc. | 974 | 1,369 | |
Orient Corp. | 1,121,387 | 1,244 | |
^ | Noevir Holdings Co. Ltd. | 27,400 | 1,223 |
United Urban Investment Corp. | 1,109 | 1,184 | |
Kansai Mirai Financial Group Inc. | 319,600 | 1,165 | |
Heiwa Corp. | 71,115 | 1,150 |
39
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Advance Residence Investment Corp. | 393 | 1,148 | |
Japan Aviation Electronics Industry Ltd. | 76,747 | 1,057 | |
Kissei Pharmaceutical Co. Ltd. | 53,628 | 1,055 | |
Maeda Road Construction Co. Ltd. | 61,197 | 1,020 | |
Ichigo Inc. | 332,416 | 942 | |
TBS Holdings Inc. | 59,379 | 917 | |
Nissan Shatai Co. Ltd. | 108,147 | 913 | |
SKY Perfect JSAT Holdings Inc. | 213,272 | 910 | |
NEC Networks & System Integration Corp. | 50,600 | 877 | |
Elecom Co. Ltd. | 16,500 | 826 | |
Japan Prime Realty Investment Corp. | 297 | 803 | |
Fuji Media Holdings Inc. | 78,500 | 755 | |
Industrial & Infrastructure Fund Investment Corp. | 423 | 720 | |
Activia Properties Inc. | 190 | 686 | |
LaSalle Logiport REIT | 428 | 666 | |
Mitsubishi Shokuhin Co. Ltd. | 24,208 | 631 | |
TV Asahi Holdings Corp. | 40,841 | 617 | |
Nippon Accommodations Fund Inc. | 100 | 573 | |
Kenedix Office Investment Corp. | 97 | 561 | |
Sekisui House Reit Inc. | 738 | 516 | |
Japan Logistics Fund Inc. | 178 | 500 | |
Nippon Television Holdings Inc. | 40,000 | 422 | |
Mori Hills REIT Investment Corp. | 231 | 285 | |
Daiwa Office Investment Corp. | 31 | 168 | |
6,764,289 | |||
Kuwait (0.2%) | |||
National Bank of Kuwait SAKP | 11,553,439 | 31,923 | |
Kuwait Finance House KSCP | 7,122,043 | 15,332 | |
Mobile Telecommunications Co. KSC | 3,762,033 | 7,176 | |
Ahli United Bank BSC | 9,060,395 | 6,967 | |
Agility Public Warehousing Co. KSC | 1,879,349 | 4,074 | |
Boubyan Bank KSCP | 1,592,387 | 3,093 | |
Gulf Bank KSCP | 3,158,159 | 2,282 | |
Mabanee Co. SAK | 978,966 | 2,074 | |
* | Humansoft Holding Co. KSC | 177,747 | 1,693 |
Boubyan Petrochemicals Co. KSCP | 695,924 | 1,220 | |
Burgan Bank SAK | 1,322,386 | 894 | |
76,728 | |||
Luxembourg (0.0%) | |||
Tenaris SA ADR | 63,915 | 611 | |
Malaysia (0.5%) | |||
Public Bank Bhd. (Local) | 5,554,419 | 20,153 | |
Top Glove Corp. Bhd. | 9,071,100 | 18,709 | |
Malayan Banking Bhd. | 10,729,100 | 18,064 | |
Tenaga Nasional Bhd. | 7,010,900 | 16,093 | |
Hartalega Holdings Bhd. | 2,627,700 | 11,398 | |
CIMB Group Holdings Bhd. | 12,515,773 | 8,883 | |
Sime Darby Plantation Bhd. | 6,416,505 | 7,473 | |
Dialog Group Bhd. | 8,210,700 | 7,313 | |
Petronas Chemicals Group Bhd. | 5,097,768 | 7,183 | |
IHH Healthcare Bhd. | 5,306,200 | 6,351 | |
DiGi.Com Bhd. | 6,586,266 | 5,975 | |
IOI Corp. Bhd. | 5,625,365 | 5,825 | |
Axiata Group Bhd. | 8,118,324 | 5,725 | |
Maxis Bhd. | 4,901,200 | 5,661 | |
PPB Group Bhd. | 1,200,260 | 5,433 | |
Press Metal Aluminium Holdings Bhd. | 3,478,000 | 4,600 | |
Kuala Lumpur Kepong Bhd. | 836,600 | 4,267 | |
MISC Bhd. | 2,567,123 | 4,072 | |
Hong Leong Bank Bhd. | 1,119,100 | 3,989 | |
Petronas Gas Bhd. | 1,030,950 | 3,911 | |
Nestle Malaysia Bhd. | 109,700 | 3,678 |
40
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Sime Darby Bhd. | 6,314,005 | 3,662 | |
Gamuda Bhd. | 3,980,000 | 3,190 | |
QL Resources Bhd. | 1,929,900 | 2,925 | |
Genting Bhd. | 4,089,600 | 2,915 | |
RHB Bank Bhd. | 2,740,000 | 2,789 | |
Petronas Dagangan Bhd. | 636,700 | 2,640 | |
Genting Malaysia Bhd. | 5,219,400 | 2,513 | |
AMMB Holdings Bhd. | 3,470,400 | 2,382 | |
Telekom Malaysia Bhd. | 2,082,957 | 2,100 | |
HAP Seng Consolidated Bhd. | 1,159,000 | 2,044 | |
IJM Corp. Bhd. | 5,677,640 | 1,831 | |
Westports Holdings Bhd. | 1,912,696 | 1,794 | |
Malaysia Airports Holdings Bhd. | 1,582,000 | 1,593 | |
* | YTL Corp. Bhd. | 8,874,024 | 1,549 |
Fraser & Neave Holdings Bhd. | 184,700 | 1,405 | |
Hong Leong Financial Group Bhd. | 411,035 | 1,397 | |
Alliance Bank Malaysia Bhd. | 1,784,000 | 937 | |
FGV Holdings Bhd. | 3,272,500 | 835 | |
Sime Darby Property Bhd. | 6,255,305 | 813 | |
IOI Properties Group Bhd. | 3,387,500 | 702 | |
British American Tobacco Malaysia Bhd. | 248,700 | 606 | |
1 | Astro Malaysia Holdings Bhd. | 2,650,368 | 466 |
* | AirAsia Group Bhd. | 2,772,300 | 367 |
216,211 | |||
Malta (0.0%) | |||
*,§ | Bgp Holdings plc Rts | 3,738,510 | — |
Mexico (0.5%) | |||
America Movil SAB de CV | 53,612,564 | 32,630 | |
* | Grupo Financiero Banorte SAB de CV | 5,199,266 | 23,163 |
Wal-Mart de Mexico SAB de CV | 9,224,861 | 22,289 | |
Fomento Economico Mexicano SAB de CV | 3,284,172 | 17,603 | |
Grupo Mexico SAB de CV Class B | 5,692,727 | 16,170 | |
Grupo Bimbo SAB de CV Class A | 4,033,502 | 7,794 | |
Grupo Elektra SAB DE CV | 114,807 | 6,505 | |
Grupo Aeroportuario del Pacifico SAB de CV Class B | 718,963 | 5,983 | |
Cemex SAB de CV ADR | 1,304,255 | 5,413 | |
Cemex SAB de CV | 12,875,682 | 5,317 | |
* | Grupo Televisa SAB | 3,837,906 | 4,854 |
Gruma SAB de CV Class B | 388,280 | 4,130 | |
Fibra Uno Administracion SA de CV | 5,257,398 | 3,983 | |
Alfa SAB de CV Class A | 5,398,435 | 3,606 | |
Industrias Penoles SAB de CV | 224,511 | 3,575 | |
Coca-Cola Femsa SAB de CV | 937,626 | 3,550 | |
Arca Continental SAB de CV | 801,990 | 3,492 | |
* | Grupo Aeroportuario del Sureste SAB de CV Class B | 297,092 | 3,432 |
Orbia Advance Corp. SAB de CV | 1,833,298 | 3,242 | |
Infraestructura Energetica Nova SAB de CV | 930,460 | 3,114 | |
* | Grupo Financiero Inbursa SAB de CV | 3,956,029 | 2,930 |
* | Grupo Aeroportuario del Centro Norte SAB de CV | 608,376 | 2,745 |
1 | GMexico Transportes SAB de CV | 2,238,300 | 2,649 |
Promotora y Operadora de Infraestructura SAB de CV | 393,152 | 2,576 | |
Kimberly-Clark de Mexico SAB de CV Class A | 1,466,151 | 2,179 | |
* | Telesites SAB de CV | 2,302,050 | 2,125 |
Becle SAB de CV | 998,800 | 2,097 | |
Megacable Holdings SAB de CV | 547,529 | 1,737 | |
Grupo Carso SAB de CV | 831,385 | 1,540 | |
* | El Puerto de Liverpool SAB de CV | 359,508 | 968 |
Industrias Bachoco SAB de CV Class B | 292,588 | 916 | |
Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand | 1,044,300 | 771 | |
Grupo Lala SAB de CV | 1,112,848 | 685 | |
Alpek SAB de CV | 676,867 | 506 | |
Concentradora Fibra Danhos SA de CV | 429,873 | 389 |
41
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Qualitas Controladora SAB de CV | 43,000 | 172 | |
204,830 | |||
Netherlands (2.7%) | |||
ASML Holding NV | 712,319 | 257,721 | |
^ | Unilever NV | 2,577,853 | 145,324 |
*,1 | Adyen NV | 48,004 | 80,683 |
Prosus NV | 768,706 | 76,745 | |
Koninklijke Philips NV | 1,614,596 | 74,784 | |
Koninklijke Ahold Delhaize NV | 1,905,728 | 52,247 | |
Koninklijke DSM NV | 308,918 | 49,405 | |
* | ING Groep NV | 6,940,075 | 47,538 |
Wolters Kluwer NV | 478,554 | 38,747 | |
Heineken NV | 425,284 | 37,645 | |
Akzo Nobel NV | 341,418 | 32,841 | |
NN Group NV | 555,277 | 19,324 | |
* | ArcelorMittal SA | 1,226,778 | 16,635 |
Koninklijke KPN NV | 5,924,060 | 16,000 | |
Heineken Holding NV | 188,883 | 14,556 | |
ASM International NV | 85,491 | 12,211 | |
Imcd NV | 101,546 | 11,753 | |
* | Galapagos NV | 85,277 | 9,968 |
Unibail-Rodamco-Westfield | 242,941 | 9,835 | |
* | Randstad NV | 197,061 | 9,833 |
^ | Aegon NV | 3,100,986 | 8,342 |
*,1 | Signify NV | 225,347 | 7,999 |
ASR Nederland NV | 248,733 | 7,548 | |
Koninklijke Vopak NV | 118,369 | 6,148 | |
*,1 | ABN AMRO Bank NV | 743,335 | 6,106 |
Aalberts NV | 170,131 | 5,708 | |
*,1 | Just Eat Takeaway.com NV (XAMS) | 50,707 | 5,641 |
*,^ | Altice Europe NV Class B | 939,505 | 4,639 |
* | JDE Peet's BV | 112,502 | 4,007 |
*,1 | GrandVision NV | 89,081 | 2,476 |
* | Altice Europe NV | 109,871 | 540 |
1,072,949 | |||
New Zealand (0.2%) | |||
Fisher & Paykel Healthcare Corp. Ltd. | 1,018,554 | 23,564 | |
* | a2 Milk Co. Ltd. | 1,316,821 | 12,751 |
* | Auckland International Airport Ltd. | 2,112,102 | 9,770 |
Spark New Zealand Ltd. | 3,256,243 | 9,664 | |
Meridian Energy Ltd. | 2,199,519 | 7,709 | |
Ryman Healthcare Ltd. | 726,313 | 6,721 | |
Contact Energy Ltd. | 1,293,275 | 6,305 | |
Mercury NZ Ltd. | 1,206,417 | 4,265 | |
* | Fletcher Building Ltd. | 1,492,457 | 4,042 |
Kiwi Property Group Ltd. | 2,787,026 | 2,266 | |
SKYCITY Entertainment Group Ltd. | 1,170,755 | 2,166 | |
* | Air New Zealand Ltd. | 904,271 | 848 |
90,071 | |||
Norway (0.4%) | |||
* | Dnb ASA | 1,874,990 | 25,321 |
Equinor ASA | 1,732,631 | 22,108 | |
Telenor ASA | 1,152,412 | 17,807 | |
Orkla ASA | 1,367,795 | 12,912 | |
Mowi ASA | 768,307 | 12,138 | |
Yara International ASA | 306,931 | 10,741 | |
TOMRA Systems ASA | 171,294 | 6,918 | |
* | Norsk Hydro ASA | 2,426,308 | 6,819 |
* | Adevinta ASA Class B | 406,111 | 6,286 |
* | Schibsted ASA Class B | 167,624 | 6,048 |
* | Schibsted ASA Class A | 144,650 | 5,913 |
Gjensidige Forsikring ASA | 299,486 | 5,707 | |
* | Salmar ASA | 94,802 | 4,814 |
42
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Aker BP ASA | 194,406 | 3,028 | |
Leroy Seafood Group ASA | 464,778 | 2,183 | |
Aker ASA | 42,584 | 1,714 | |
150,457 | |||
Pakistan (0.0%) | |||
Habib Bank Ltd. | 1,185,352 | 961 | |
Fauji Fertilizer Co. Ltd. | 1,138,822 | 751 | |
Oil & Gas Development Co. Ltd. | 1,091,603 | 644 | |
Pakistan Petroleum Ltd. | 1,225,773 | 639 | |
2,995 | |||
Philippines (0.3%) | |||
SM Investments Corp. | 866,599 | 16,995 | |
SM Prime Holdings Inc. | 16,233,337 | 11,303 | |
Ayala Land Inc. | 14,209,457 | 9,673 | |
Ayala Corp. | 582,178 | 9,176 | |
JG Summit Holdings Inc. | 5,407,561 | 7,172 | |
BDO Unibank Inc. | 3,530,480 | 6,465 | |
Bank of the Philippine Islands | 3,182,692 | 4,827 | |
International Container Terminal Services Inc. | 1,941,934 | 4,605 | |
Universal Robina Corp. | 1,583,879 | 4,505 | |
PLDT Inc. | 161,177 | 4,396 | |
Manila Electric Co. | 476,601 | 2,952 | |
Metropolitan Bank & Trust Co. | 3,244,378 | 2,727 | |
Jollibee Foods Corp. | 718,395 | 2,520 | |
Globe Telecom Inc. | 51,729 | 2,166 | |
Metro Pacific Investments Corp. | 25,659,500 | 2,123 | |
GT Capital Holdings Inc. | 176,327 | 1,565 | |
Aboitiz Power Corp. | 2,797,332 | 1,561 | |
San Miguel Food and Beverage Inc. | 1,183,080 | 1,561 | |
San Miguel Corp. | 688,540 | 1,450 | |
* | Megaworld Corp. | 19,883,706 | 1,244 |
LT Group Inc. | 4,846,041 | 1,155 | |
* | Alliance Global Group Inc. | 6,981,299 | 1,144 |
Puregold Price Club Inc. | 1,150,100 | 980 | |
Bloomberry Resorts Corp. | 5,774,450 | 844 | |
DMCI Holdings Inc. | 6,888,996 | 624 | |
Semirara Mining & Power Corp. | 2,492,184 | 545 | |
104,278 | |||
Poland (0.1%) | |||
* | CD Projekt SA | 112,236 | 9,530 |
* | KGHM Polska Miedz SA | 247,334 | 7,401 |
* | Powszechna Kasa Oszczednosci Bank Polski SA | 1,514,638 | 7,266 |
*,1 | Allegro.eu SA | 276,454 | 5,618 |
* | Powszechny Zaklad Ubezpieczen SA | 981,426 | 5,364 |
Polski Koncern Naftowy ORLEN SA | 547,639 | 5,278 | |
*,1 | Dino Polska SA | 85,940 | 4,725 |
Polskie Gornictwo Naftowe i Gazownictwo SA | 3,141,488 | 3,313 | |
Cyfrowy Polsat SA | 484,357 | 3,023 | |
* | Bank Polska Kasa Opieki SA | 276,047 | 2,954 |
* | Lpp SA | 1,539 | 2,041 |
* | Santander Bank Polska SA | 54,081 | 1,684 |
* | PGE Polska Grupa Energetyczna SA | 1,304,083 | 1,488 |
Grupa Lotos SA | 181,273 | 1,279 | |
60,964 | |||
Portugal (0.1%) | |||
EDP - Energias de Portugal SA | 5,019,733 | 24,761 | |
Galp Energia SGPS SA | 895,290 | 7,271 | |
Jeronimo Martins SGPS SA | 409,176 | 6,499 | |
EDP Renovaveis SA | 268,380 | 5,102 | |
* | Banco Espirito Santo SA | 3,873,216 | — |
43,633 | |||
Qatar (0.3%) | |||
Qatar National Bank QPSC | 7,997,442 | 38,829 |
43
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Qatar Islamic Bank SAQ | 2,102,546 | 9,364 | |
Industries Qatar QSC | 3,586,603 | 8,851 | |
Masraf Al Rayan QSC | 6,693,222 | 7,888 | |
Qatar Fuel QSC | 892,572 | 4,215 | |
Commercial Bank PSQC | 3,591,268 | 4,209 | |
Qatar Electricity & Water Co. QSC | 911,983 | 4,174 | |
Mesaieed Petrochemical Holding Co. | 7,841,717 | 4,012 | |
Qatar Gas Transport Co. Ltd. | 4,965,706 | 3,660 | |
Barwa Real Estate Co. | 3,363,836 | 3,081 | |
Qatar International Islamic Bank QSC | 1,337,430 | 3,038 | |
Ooredoo QPSC | 1,521,618 | 2,761 | |
* | Doha Bank QPSC | 2,704,363 | 1,806 |
Qatar Insurance Co. SAQ | 2,789,086 | 1,754 | |
* | Ezdan Holding Group QSC | 2,640,510 | 1,226 |
United Development Co. QSC | 3,001,729 | 1,218 | |
Qatar Aluminum Manufacturing Co. | 4,972,020 | 1,189 | |
Vodafone Qatar QSC | 2,870,458 | 1,019 | |
102,294 | |||
Romania (0.0%) | |||
Banca Transilvania SA | 1,350,000 | 612 | |
Russia (0.7%) | |||
Sberbank of Russia PJSC | 13,570,846 | 34,395 | |
LUKOIL PJSC ADR | 554,187 | 28,354 | |
Gazprom PJSC ADR | 6,934,241 | 26,566 | |
Novatek PJSC | 1,919,514 | 23,107 | |
MMC Norilsk Nickel PJSC ADR | 742,378 | 17,694 | |
Tatneft PJSC ADR | 406,928 | 12,647 | |
Sberbank of Russia PJSC ADR | 1,197,550 | 12,107 | |
Gazprom PJSC | 4,577,887 | 8,919 | |
Rosneft Oil Co. PJSC GDR | 1,813,881 | 7,918 | |
Polyus PJSC GDR | 78,591 | 7,730 | |
Lukoil PJSC | 134,338 | 6,868 | |
Surgutneftegas OAO Preference Shares | 13,143,400 | 6,002 | |
Magnit PJSC (XLON) | 421,175 | 5,813 | |
AK Transneft OAO Preference Shares | 2,890 | 4,811 | |
Surgutneftegas PJSC ADR | 1,110,434 | 4,561 | |
Novolipetsk Steel PJSC | 1,926,353 | 4,517 | |
Moscow Exchange MICEX-RTS PJSC | 2,595,264 | 4,383 | |
Severstal PAO GDR | 312,475 | 4,271 | |
Mobile TeleSystems PJSC | 1,062,962 | 4,169 | |
Inter RAO UES PJSC | 64,243,300 | 4,120 | |
Alrosa PJSC | 4,497,350 | 4,048 | |
MMC Norilsk Nickel PJSC | 16,160 | 3,846 | |
Magnit PJSC (MISX) | 41,657 | 2,480 | |
Mobile TeleSystems PJSC ADR | 276,748 | 2,164 | |
Polyus PJSC | 10,736 | 2,101 | |
PhosAgro PJSC GDR | 168,205 | 1,938 | |
RusHydro PJSC | 210,194,634 | 1,914 | |
Tatneft PJSC | 351,046 | 1,816 | |
VTB Bank PJSC | 4,359,448,867 | 1,801 | |
VTB Bank PJSC GDR | 2,300,991 | 1,788 | |
Magnitogorsk Iron & Steel Works PJSC | 3,377,748 | 1,603 | |
Rosneft Oil Co. PJSC | 327,580 | 1,452 | |
Rostelecom PJSC | 1,223,758 | 1,430 | |
Sistema PJSFC GDR | 191,390 | 1,192 | |
Federal Grid Co. Unified Energy System PJSC | 489,926,667 | 1,173 | |
Rosseti PJSC | 54,338,896 | 997 | |
Surgutneftegas PJSC | 2,077,000 | 863 | |
Rostelecom PJSC ADR | 118,592 | 823 | |
Unipro PJSC | 22,147,100 | 722 | |
* | Aeroflot PJSC | 970,911 | 696 |
Bashneft PAO Preference Shares | 45,952 | 662 | |
Tatneft PAO Preference Shares | 130,038 | 653 |
44
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Severstal PAO | 40,869 | 560 | |
Sistema PJSFC | 1,475,900 | 471 | |
Mosenergo PJSC | 17,194,000 | 432 | |
PhosAgro PJSC | 7,510 | 267 | |
* | RussNeft PJSC | 48,605 | 177 |
* | United Co. RUSAL International PJSC | 317,710 | 123 |
Sberbank of Russia PJSC ADR (XLON) | 2,249 | 23 | |
267,167 | |||
Saudi Arabia (0.8%) | |||
Saudi Basic Industries Corp. | 1,619,147 | 38,835 | |
Al Rajhi Bank | 2,199,471 | 38,595 | |
1 | Saudi Arabian Oil Co. | 4,002,457 | 35,908 |
Saudi Telecom Co. | 1,080,568 | 28,706 | |
National Commercial Bank | 2,434,902 | 25,281 | |
Samba Financial Group | 1,763,880 | 12,958 | |
Riyad Bank | 2,625,468 | 12,585 | |
* | Saudi British Bank | 1,537,349 | 9,732 |
Banque Saudi Fransi | 1,057,769 | 8,358 | |
* | Saudi Arabian Mining Co. | 727,957 | 7,261 |
Saudi Arabian Fertilizer Co. | 359,766 | 7,227 | |
Saudi Electricity Co. | 1,417,629 | 7,152 | |
* | Alinma Bank | 1,749,135 | 7,109 |
Yanbu National Petrochemical Co. | 416,953 | 6,384 | |
Almarai Co. JSC | 453,418 | 6,242 | |
Arab National Bank | 1,159,925 | 5,857 | |
Savola Group | 470,483 | 5,744 | |
* | Etihad Etisalat Co. | 680,993 | 5,067 |
Jarir Marketing Co. | 105,453 | 4,857 | |
Bank AlBilad | 643,701 | 3,986 | |
* | Bupa Arabia for Cooperative Insurance Co. | 111,819 | 3,404 |
* | Saudi Kayan Petrochemical Co. | 1,326,989 | 3,356 |
* | Dr Sulaiman Al Habib Medical Services Group Co. | 118,857 | 2,991 |
Advanced Petrochemical Co. | 191,126 | 2,947 | |
Mouwasat Medical Services Co. | 83,664 | 2,854 | |
Abdullah Al Othaim Markets Co. | 79,205 | 2,753 | |
* | Mobile Telecommunications Co. Saudi Arabia | 802,957 | 2,635 |
* | Sahara International Petrochemical Co. | 639,489 | 2,484 |
Bank Al-Jazira | 712,433 | 2,467 | |
* | Co for Cooperative Insurance | 111,332 | 2,402 |
Southern Province Cement Co. | 120,082 | 2,151 | |
Saudi Industrial Investment Group | 393,194 | 2,126 | |
* | Dar Al Arkan Real Estate Development Co. | 958,674 | 2,037 |
Saudi Cement Co. | 133,617 | 1,928 | |
Arabian Centres Co. Ltd. | 291,544 | 1,883 | |
* | National Industrialization Co. | 573,728 | 1,729 |
* | Emaar Economic City | 703,047 | 1,667 |
National Petrochemical Co. | 216,888 | 1,564 | |
Qassim Cement Co. | 81,044 | 1,486 | |
Saudi Airlines Catering Co. | 68,436 | 1,418 | |
* | Rabigh Refining & Petrochemical Co. | 403,788 | 1,312 |
Yanbu Cement Co. | 140,916 | 1,242 | |
* | Seera Group Holding | 258,853 | 1,152 |
* | Saudi Ground Services Co. | 151,632 | 1,131 |
* | Saudi Research & Marketing Group | 57,044 | 1,040 |
Saudia Dairy & Foodstuff Co. | 16,577 | 750 | |
Dallah Healthcare Co. | 61,153 | 718 | |
* | Fawaz Abdulaziz Al Hokair & Co. | 107,624 | 535 |
332,006 | |||
Singapore (0.7%) | |||
DBS Group Holdings Ltd. | 3,212,148 | 47,848 | |
Oversea-Chinese Banking Corp. Ltd. | 6,178,811 | 38,109 | |
United Overseas Bank Ltd. | 2,310,950 | 32,109 | |
Singapore Telecommunications Ltd. | 13,383,146 | 19,894 | |
Wilmar International Ltd. | 3,763,146 | 11,141 |
45
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Ascendas REIT | 5,223,972 | 11,023 | |
CapitaLand Mall Trust | 7,841,427 | 9,940 | |
Singapore Exchange Ltd. | 1,465,258 | 9,293 | |
CapitaLand Ltd. | 4,493,741 | 8,456 | |
Keppel Corp. Ltd. | 2,568,279 | 8,253 | |
Singapore Technologies Engineering Ltd. | 2,706,322 | 6,918 | |
Mapletree Logistics Trust | 4,617,700 | 6,596 | |
Venture Corp. Ltd. | 450,051 | 6,344 | |
Mapletree Industrial Trust | 2,741,200 | 6,109 | |
Singapore Airlines Ltd. | 2,266,847 | 5,626 | |
Mapletree Commercial Trust | 3,960,912 | 4,994 | |
Genting Singapore Ltd. | 10,251,164 | 4,841 | |
Keppel DC REIT | 2,103,900 | 4,467 | |
UOL Group Ltd. | 894,967 | 4,080 | |
City Developments Ltd. | 841,361 | 3,907 | |
Suntec REIT | 3,736,572 | 3,670 | |
ComfortDelGro Corp. Ltd. | 3,679,849 | 3,640 | |
Frasers Logistics & Commercial Trust | 3,930,300 | 3,544 | |
Mapletree North Asia Commercial Trust | 4,111,400 | 2,623 | |
Keppel REIT | 3,540,800 | 2,582 | |
SATS Ltd. | 1,137,915 | 2,482 | |
Jardine Cycle & Carriage Ltd. | 177,839 | 2,313 | |
Singapore Press Holdings Ltd. | 2,830,957 | 2,051 | |
Sembcorp Industries Ltd. | 1,663,291 | 1,925 | |
Ascott Residence Trust | 3,140,500 | 1,912 | |
* | Sembcorp Marine Ltd. | 16,631,284 | 1,462 |
Singapore Post Ltd. | 2,606,164 | 1,271 | |
Hutchison Port Holdings Trust | 8,421,808 | 1,222 | |
NetLink NBN Trust | 1,704,800 | 1,200 | |
Golden Agri-Resources Ltd. | 11,522,101 | 1,191 | |
Olam International Ltd. | 1,108,700 | 1,040 | |
StarHub Ltd. | 978,937 | 839 | |
Wing Tai Holdings Ltd. | 639,240 | 838 | |
SIA Engineering Co. Ltd. | 405,309 | 484 | |
Frasers Property Ltd. | 583,000 | 465 | |
* | Mapletree Logistics Trust Rights Exp. 11/10/2020 | 87,736 | — |
286,702 | |||
South Africa (1.1%) | |||
* | Naspers Ltd. | 750,816 | 146,580 |
FirstRand Ltd. | 8,247,718 | 19,146 | |
AngloGold Ashanti Ltd. | 744,253 | 17,152 | |
Gold Fields Ltd. | 1,556,833 | 16,837 | |
Standard Bank Group Ltd. | 2,277,939 | 14,895 | |
Sibanye Stillwater Ltd. | 4,568,571 | 13,471 | |
Impala Platinum Holdings Ltd. | 1,324,370 | 11,787 | |
MTN Group Ltd. | 3,192,290 | 11,398 | |
* | Capitec Bank Holdings Ltd. | 137,586 | 9,670 |
Sanlam Ltd. | 2,923,234 | 8,527 | |
Bid Corp. Ltd. | 586,670 | 8,077 | |
Vodacom Group Ltd. | 1,042,215 | 7,854 | |
Anglo American Platinum Ltd. | 110,510 | 7,317 | |
Shoprite Holdings Ltd. | 873,302 | 6,919 | |
Absa Group Ltd. | 1,286,203 | 6,914 | |
MultiChoice Group | 767,732 | 6,331 | |
Clicks Group Ltd. | 426,045 | 6,162 | |
* | Northam Platinum Ltd. | 615,827 | 5,917 |
* | Sasol Ltd. | 991,301 | 5,177 |
Bidvest Group Ltd. | 611,460 | 5,028 | |
Remgro Ltd. | 917,694 | 4,895 | |
Old Mutual Ltd. (XLON) | 7,981,512 | 4,588 | |
* | Aspen Pharmacare Holdings Ltd. | 681,489 | 4,438 |
Discovery Ltd. | 657,370 | 4,346 | |
* | Harmony Gold Mining Co. Ltd. | 860,172 | 4,284 |
46
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Mondi plc (XJSE) | 200,265 | 3,760 | |
Tiger Brands Ltd. | 301,106 | 3,735 | |
Nedbank Group Ltd. | 622,962 | 3,685 | |
SPAR Group Ltd. | 346,362 | 3,672 | |
Mr Price Group Ltd. | 461,378 | 3,490 | |
Growthpoint Properties Ltd. | 5,292,650 | 3,462 | |
Woolworths Holdings Ltd. | 1,585,315 | 3,405 | |
* | Reinet Investments SCA | 201,435 | 3,197 |
Foschini Group Ltd. | 598,691 | 3,188 | |
Exxaro Resources Ltd. | 451,797 | 3,048 | |
Kumba Iron Ore Ltd. | 96,290 | 2,859 | |
African Rainbow Minerals Ltd. | 188,256 | 2,648 | |
AVI Ltd. | 558,443 | 2,529 | |
NEPI Rockcastle plc | 695,753 | 2,467 | |
Life Healthcare Group Holdings Ltd. | 2,461,458 | 2,461 | |
Rand Merchant Investment Holdings Ltd. | 1,322,205 | 2,310 | |
Netcare Ltd. | 2,553,211 | 2,021 | |
Pick n Pay Stores Ltd. | 618,274 | 1,947 | |
Fortress REIT Ltd. Class A | 2,095,810 | 1,617 | |
Truworths International Ltd. | 771,261 | 1,488 | |
* | Sappi Ltd. | 971,282 | 1,386 |
Redefine Properties Ltd. | 10,437,315 | 1,283 | |
Momentum Metropolitan Holdings | 1,578,605 | 1,263 | |
Barloworld Ltd. | 356,206 | 1,252 | |
Santam Ltd. | 74,052 | 1,117 | |
Resilient REIT Ltd. | 575,092 | 1,088 | |
Coronation Fund Managers Ltd. | 455,174 | 1,054 | |
PSG Group Ltd. | 294,423 | 952 | |
1 | Pepkor Holdings Ltd. | 1,277,632 | 940 |
Investec Ltd. | 486,262 | 895 | |
Telkom SA SOC Ltd. | 524,873 | 826 | |
Distell Group Holdings Ltd. | 146,903 | 735 | |
1 | Dis-Chem Pharmacies Ltd. | 656,011 | 728 |
* | Ninety One Ltd. | 249,702 | 657 |
Liberty Holdings Ltd. | 164,403 | 544 | |
* | Fortress REIT Ltd. Class B | 1,461,343 | 155 |
Old Mutual Ltd. (XJSE) | 211,510 | 123 | |
429,697 | |||
South Korea (3.5%) | |||
1 | Samsung Electronics Co. Ltd. GDR | 176,091 | 222,151 |
Samsung Electronics Co. Ltd. | 3,912,692 | 196,674 | |
SK Hynix Inc. | 924,456 | 65,584 | |
Samsung Electronics Co. Ltd. Preference Shares | 1,423,189 | 63,310 | |
NAVER Corp. | 236,603 | 60,540 | |
LG Chem Ltd. | 81,945 | 44,683 | |
* | Celltrion Inc. | 183,664 | 39,217 |
Samsung SDI Co. Ltd. | 94,197 | 37,108 | |
Hyundai Motor Co. | 248,458 | 36,368 | |
Kakao Corp. | 95,516 | 27,852 | |
Hyundai Mobis Co. Ltd. | 114,370 | 22,916 | |
LG Household & Health Care Ltd. | 15,638 | 20,734 | |
Kia Motors Corp. | 459,647 | 20,615 | |
NCSoft Corp. | 29,957 | 20,583 | |
Posco ADR | 360,034 | 16,673 | |
KB Financial Group Inc. ADR | 416,226 | 14,872 | |
Samsung C&T Corp. | 150,959 | 14,787 | |
LG Electronics Inc. | 195,884 | 14,562 | |
*,1 | Samsung Biologics Co. Ltd. | 23,952 | 14,474 |
KT&G Corp. | 197,119 | 14,075 | |
Hana Financial Group Inc. | 514,734 | 13,904 | |
Samsung Electro-Mechanics Co. Ltd. | 99,655 | 11,845 | |
Shinhan Financial Group Co. Ltd. ADR | 419,929 | 11,300 | |
SK Innovation Co. Ltd. | 96,584 | 10,796 | |
Shinhan Financial Group Co. Ltd. | 375,950 | 10,200 |
47
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
LG Corp. | 160,887 | 9,634 | |
* | Celltrion Healthcare Co. Ltd. | 127,085 | 9,534 |
Samsung Fire & Marine Insurance Co. Ltd. | 58,640 | 9,272 | |
KB Financial Group Inc. | 258,465 | 9,245 | |
SK Holdings Co. Ltd. | 55,945 | 9,111 | |
Samsung SDS Co. Ltd. | 56,959 | 8,500 | |
Amorepacific Corp. | 57,360 | 8,058 | |
Woori Financial Group Inc. | 975,154 | 7,699 | |
SK Telecom Co. Ltd. ADR | 306,131 | 6,447 | |
Samsung Life Insurance Co. Ltd. | 114,288 | 6,397 | |
*,^ | HLB Inc. | 74,648 | 6,120 |
* | Coway Co. Ltd. | 99,607 | 6,099 |
Korea Zinc Co. Ltd. | 17,643 | 5,967 | |
Hanwha Solutions Corp. | 147,834 | 5,747 | |
Posco | 29,994 | 5,537 | |
Lotte Chemical Corp. | 26,717 | 5,525 | |
Mirae Asset Daewoo Co. Ltd. | 707,160 | 5,269 | |
* | Korea Shipbuilding & Offshore Engineering Co. Ltd. | 74,731 | 5,211 |
* | LG Display Co. Ltd. | 407,098 | 5,083 |
Hyundai Glovis Co. Ltd. | 33,523 | 4,982 | |
Hyundai Motor Co. 2nd Preference Shares | 66,572 | 4,717 | |
CJ CheilJedang Corp. | 14,743 | 4,715 | |
E-MART Inc. | 35,650 | 4,488 | |
* | Alteogen Inc. | 31,333 | 4,419 |
Yuhan Corp. | 83,295 | 4,383 | |
* | Korea Electric Power Corp. | 236,784 | 4,177 |
Korea Investment Holdings Co. Ltd. | 67,405 | 4,117 | |
Hankook Tire & Technology Co. Ltd. | 134,348 | 3,764 | |
Orion Corp. | 38,780 | 3,716 | |
Kumho Petrochemical Co. Ltd. | 30,707 | 3,632 | |
Kangwon Land Inc. | 192,924 | 3,600 | |
Hotel Shilla Co. Ltd. | 54,429 | 3,588 | |
S-Oil Corp. | 72,995 | 3,525 | |
* | Samsung Heavy Industries Co. Ltd. | 783,974 | 3,524 |
Hyundai Engineering & Construction Co. Ltd. | 128,685 | 3,508 | |
LG Uplus Corp. | 351,097 | 3,437 | |
Hyundai Steel Co. | 132,791 | 3,414 | |
Industrial Bank of Korea | 469,356 | 3,408 | |
LG Chem Ltd. Preference Shares | 12,243 | 3,395 | |
Daelim Industrial Co. Ltd. | 48,770 | 3,371 | |
Hanjin Kal Corp. | 50,181 | 3,303 | |
Hyundai Heavy Industries Holdings Co. Ltd. | 17,276 | 3,288 | |
Samsung Securities Co. Ltd. | 114,550 | 3,263 | |
DB Insurance Co. Ltd. | 82,986 | 3,244 | |
*,1 | Netmarble Corp. | 31,017 | 3,222 |
Fila Holdings Corp. | 92,712 | 3,164 | |
* | Doosan Heavy Industries & Construction Co. Ltd. | 249,921 | 3,041 |
* | Korea Electric Power Corp. ADR | 350,836 | 3,031 |
* | Samsung Engineering Co. Ltd. | 287,510 | 3,006 |
Hanmi Pharm Co. Ltd. | 12,840 | 2,987 | |
* | Celltrion Pharm Inc. | 30,794 | 2,979 |
Hanon Systems | 286,945 | 2,845 | |
GS Holdings Corp. | 94,498 | 2,762 | |
POSCO Chemical Co. Ltd. | 39,899 | 2,623 | |
Hyundai Motor Co. Preference Shares | 37,085 | 2,587 | |
BNK Financial Group Inc. | 524,311 | 2,561 | |
GS Engineering & Construction Corp. | 107,455 | 2,550 | |
* | Korean Air Lines Co. Ltd. | 141,388 | 2,511 |
S-1 Corp. | 34,276 | 2,463 | |
LG Innotek Co. Ltd. | 17,938 | 2,432 | |
LG Household & Health Care Ltd. Preference Shares | 3,906 | 2,386 | |
Cheil Worldwide Inc. | 125,639 | 2,325 | |
Shinsegae Inc. | 12,331 | 2,274 | |
Korea Aerospace Industries Ltd. | 116,667 | 2,259 |
48
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
SKC Co. Ltd. | 34,483 | 2,250 | |
Hyundai Marine & Fire Insurance Co. Ltd. | 107,533 | 2,215 | |
AMOREPACIFIC Group | 52,250 | 2,021 | |
NH Investment & Securities Co. Ltd. | 236,899 | 2,007 | |
CJ ENM Co. Ltd. | 16,883 | 1,973 | |
Mando Corp. | 60,877 | 1,935 | |
* | CJ Logistics Corp. | 13,576 | 1,916 |
*,^ | Doosan Infracore Co. Ltd. | 239,359 | 1,771 |
* | OCI Co. Ltd. | 32,078 | 1,766 |
SK Telecom Co. Ltd. | 9,146 | 1,734 | |
Hanwha Corp. | 80,694 | 1,721 | |
Hite Jinro Co. Ltd. | 55,096 | 1,636 | |
* | Daewoo Shipbuilding & Marine Engineering Co. Ltd. | 85,955 | 1,633 |
DGB Financial Group Inc. | 277,685 | 1,525 | |
CJ Corp. | 22,581 | 1,518 | |
^ | Hanssem Co. Ltd. | 18,111 | 1,514 |
Lotte Shopping Co. Ltd. | 20,096 | 1,488 | |
Samsung Card Co. Ltd. | 57,236 | 1,485 | |
LOTTE Fine Chemical Co. Ltd. | 34,238 | 1,471 | |
HDC Hyundai Development Co-Engineering & Construction | 83,732 | 1,468 | |
NongShim Co. Ltd. | 5,747 | 1,463 | |
Hyundai Department Store Co. Ltd. | 27,645 | 1,452 | |
* | Hanwha Aerospace Co. Ltd. | 64,264 | 1,435 |
LS Corp. | 31,252 | 1,432 | |
Dongsuh Cos. Inc. | 55,235 | 1,409 | |
GS Retail Co. Ltd. | 48,347 | 1,373 | |
Korea Gas Corp. | 50,848 | 1,230 | |
Medytox Inc. | 7,270 | 1,189 | |
Lotte Corp. | 46,891 | 1,182 | |
Hanmi Science Co. ltd | 24,445 | 1,154 | |
BGF retail Co. Ltd. | 11,076 | 1,152 | |
KCC Corp. | 8,372 | 1,136 | |
SK Networks Co. Ltd. | 274,934 | 1,103 | |
Doosan Bobcat Inc. | 42,928 | 1,097 | |
* | NHN Corp. | 17,810 | 1,096 |
Ottogi Corp. | 2,331 | 1,093 | |
Posco International Corp. | 91,633 | 1,082 | |
Ssangyong Cement Industrial Co. Ltd. | 212,468 | 1,041 | |
*,^,§ | SillaJen Inc. | 94,185 | 1,004 |
Hyundai Wia Corp. | 26,670 | 990 | |
KEPCO Plant Service & Engineering Co. Ltd. | 40,242 | 978 | |
* | Daewoo Engineering & Construction Co. Ltd. | 346,213 | 921 |
Hyundai Mipo Dockyard Co. Ltd. | 36,929 | 919 | |
Mirae Asset Daewoo Co. Ltd. Preference Shares | 212,315 | 850 | |
Paradise Co. Ltd. | 75,316 | 850 | |
Amorepacific Corp. Preference Shares | 14,636 | 682 | |
*,^ | Helixmith Co. Ltd. | 41,373 | 678 |
Hanwha Life Insurance Co. Ltd. | 483,092 | 659 | |
* | Doosan Solus Co. Ltd. | 20,228 | 570 |
Samsung Fire & Marine Insurance Co. Ltd. Preference Shares | 4,525 | 569 | |
LG Electronics Inc. Preference Shares | 19,232 | 548 | |
Lotte Chilsung Beverage Co. Ltd. | 6,546 | 498 | |
Hanwha Corp. Preference Shares | 36,056 | 411 | |
* | Doosan Heavy Industries & Construction Co. Ltd. Rights Exp. 12/04/2020 | 95,965 | 348 |
CJ CheilJedang Corp. Preference Shares | 1,095 | 153 | |
1,378,058 | |||
Spain (1.4%) | |||
* | Iberdrola SA | 10,560,809 | 124,699 |
* | Banco Santander SA (XMAD) | 27,967,801 | 56,008 |
^ | Industria de Diseno Textil SA | 1,875,698 | 46,310 |
1 | Cellnex Telecom SA | 611,320 | 39,242 |
Amadeus IT Group SA | 757,629 | 36,098 | |
Banco Bilbao Vizcaya Argentaria SA | 11,763,604 | 33,940 | |
Telefonica SA | 8,347,851 | 27,156 |
49
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Ferrovial SA | 856,002 | 18,539 |
*,1 | Aena SME SA | 125,151 | 16,862 |
* | Repsol SA | 2,503,334 | 15,716 |
Endesa SA | 567,071 | 15,214 | |
Red Electrica Corp. SA | 769,474 | 13,554 | |
CaixaBank SA | 6,403,252 | 11,683 | |
Siemens Gamesa Renewable Energy SA | 401,371 | 11,391 | |
^ | Grifols SA | 384,515 | 10,391 |
ACS Actividades de Construccion y Servicios SA | 416,358 | 9,897 | |
Enagas SA | 445,280 | 9,611 | |
Naturgy Energy Group SA | 502,412 | 9,334 | |
Grifols SA Preference Shares | 310,067 | 5,240 | |
Bankinter SA | 1,224,386 | 4,601 | |
Inmobiliaria Colonial Socimi SA | 583,760 | 4,156 | |
Merlin Properties Socimi SA | 615,638 | 4,144 | |
Acciona SA | 36,895 | 3,728 | |
Bankia SA | 2,129,441 | 2,620 | |
Mapfre SA | 1,636,437 | 2,469 | |
* | Banco Santander SA (XMEX) | 1,038,439 | 2,007 |
Zardoya Otis SA | 275,760 | 1,685 | |
536,295 | |||
Sweden (2.1%) | |||
Telefonaktiebolaget LM Ericsson Class B | 5,348,847 | 59,717 | |
* | Volvo AB Class B | 2,696,896 | 52,420 |
Investor AB Class B | 862,978 | 51,726 | |
Atlas Copco AB Class A | 1,129,534 | 49,859 | |
Assa Abloy AB Class B | 1,650,513 | 35,375 | |
* | Sandvik AB | 1,939,146 | 34,566 |
* | Hexagon AB Class B | 457,463 | 33,531 |
^ | Essity AB Class B | 1,095,746 | 31,715 |
* | Swedbank AB Class A | 1,798,614 | 28,158 |
Atlas Copco AB Class B | 682,169 | 26,138 | |
Hennes & Mauritz AB Class B | 1,570,767 | 25,538 | |
* | Skandinaviska Enskilda Banken AB Class A | 2,583,741 | 22,172 |
* | Svenska Handelsbanken AB Class A | 2,644,942 | 21,431 |
Swedish Match AB | 278,656 | 20,950 | |
^ | Telia Co. AB | 4,631,347 | 17,720 |
* | Kinnevik AB | 427,214 | 17,494 |
1 | Evolution Gaming Group AB | 229,556 | 17,026 |
Epiroc AB Class A | 1,124,797 | 16,795 | |
* | Svenska Cellulosa AB SCA Class B | 1,092,834 | 14,782 |
Skf AB | 690,885 | 14,143 | |
Boliden AB | 491,582 | 13,405 | |
* | Nibe Industrier AB Class B | 540,839 | 13,023 |
^ | Skanska AB Class B | 644,811 | 12,094 |
Investor AB Class A | 191,766 | 11,467 | |
* | Alfa Laval AB | 564,051 | 11,457 |
Tele2 AB | 955,560 | 11,278 | |
Castellum AB | 484,192 | 10,081 | |
* | Industrivarden AB Class A | 374,725 | 10,067 |
Epiroc AB Class B | 684,157 | 9,794 | |
*,^ | Electrolux AB Class B | 410,416 | 9,254 |
* | Fastighets AB Balder Class B | 174,230 | 8,200 |
* | Securitas AB Class B | 552,057 | 7,793 |
* | Industrivarden AB Class C | 300,672 | 7,677 |
Elekta AB Class B | 645,544 | 7,550 | |
Husqvarna AB | 724,222 | 7,468 | |
* | Trelleborg AB Class B | 436,494 | 7,263 |
EQT AB | 361,209 | 6,863 | |
ICA Gruppen AB | 139,299 | 6,594 | |
Lundin Energy AB | 343,784 | 6,572 | |
*,1 | Sinch AB | 66,431 | 6,307 |
* | L E Lundbergforetagen AB Class B | 133,634 | 6,006 |
* | Swedish Orphan Biovitrum AB | 315,632 | 5,443 |
50
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
^ | Investment AB Latour Class B | 218,431 | 5,094 |
Lifco AB Class B | 67,492 | 4,941 | |
* | Saab AB Class B | 164,261 | 3,768 |
Holmen AB | 79,147 | 2,997 | |
Sweco AB Class B | 53,957 | 2,715 | |
Telefonaktiebolaget LM Ericsson Class A | 100,981 | 1,206 | |
*,^ | Svenska Handelsbanken AB Class B | 91,793 | 886 |
* | Volvo AB Class A | 26,206 | 509 |
* | Skandinaviska Enskilda Banken AB Class C | 33,504 | 308 |
* | Svenska Cellulosa AB SCA Class A | 8,325 | 115 |
809,451 | |||
Switzerland (6.1%) | |||
Nestle SA | 4,953,631 | 557,174 | |
Roche Holding AG | 1,237,473 | 397,639 | |
Novartis AG | 3,819,058 | 297,591 | |
Zurich Insurance Group AG | 265,292 | 88,116 | |
Lonza Group AG | 132,841 | 80,490 | |
ABB Ltd. | 3,209,320 | 77,874 | |
UBS Group AG | 5,989,509 | 69,730 | |
Givaudan SA | 16,561 | 67,535 | |
Sika AG | 248,782 | 61,202 | |
Cie Financiere Richemont SA | 906,497 | 56,659 | |
* | Alcon Inc. | 818,618 | 46,541 |
Credit Suisse Group AG | 4,183,308 | 39,454 | |
Geberit AG | 63,856 | 36,345 | |
Swiss Re AG | 499,035 | 35,811 | |
LafargeHolcim Ltd. (XVTX) | 687,933 | 29,526 | |
Partners Group Holding AG | 29,575 | 26,627 | |
SGS SA | 10,553 | 26,359 | |
Swisscom AG | 45,768 | 23,278 | |
* | Sonova Holding AG | 94,644 | 22,465 |
Logitech International SA | 264,135 | 22,221 | |
Swiss Life Holding AG | 56,852 | 19,124 | |
Straumann Holding AG | 17,994 | 18,783 | |
Schindler Holding AG | 72,699 | 18,623 | |
Kuehne & Nagel International AG | 89,929 | 17,973 | |
Julius Baer Group Ltd. | 388,308 | 17,282 | |
Chocoladefabriken Lindt & Spruengli AG (Registered) | 178 | 15,389 | |
Roche Holding AG (Bearer) | 47,576 | 15,329 | |
Chocoladefabriken Lindt & Spruengli AG | 1,824 | 14,461 | |
Adecco Group AG | 275,463 | 13,507 | |
Temenos AG | 108,165 | 11,625 | |
Swiss Prime Site AG | 134,610 | 11,325 | |
Swatch Group AG (Bearer) | 53,385 | 11,305 | |
Barry Callebaut AG | 5,439 | 11,230 | |
Baloise Holding AG | 81,700 | 11,173 | |
EMS-Chemie Holding AG | 12,687 | 11,159 | |
Vifor Pharma AG | 93,236 | 10,493 | |
LafargeHolcim Ltd. (XPAR) | 230,997 | 9,930 | |
PSP Swiss Property AG | 77,648 | 9,390 | |
Schindler Holding AG (Registered) | 34,498 | 8,867 | |
* | SIG Combibloc Group AG | 424,254 | 8,726 |
Georg Fischer AG | 7,340 | 7,414 | |
1 | VAT Group AG | 37,705 | 7,074 |
Clariant AG | 354,364 | 6,079 | |
Banque Cantonale Vaudoise | 50,923 | 4,934 | |
Helvetia Holding AG | 58,610 | 4,596 | |
* | Flughafen Zurich AG | 34,042 | 4,594 |
DKSH Holding AG | 64,173 | 4,129 | |
Swatch Group AG (Registered) | 67,282 | 2,750 | |
OC Oerlikon Corp. AG | 345,743 | 2,407 | |
Sulzer AG | 31,683 | 2,319 | |
2,374,627 |
51
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Taiwan (4.0%) | |||
Taiwan Semiconductor Manufacturing Co. Ltd. ADR | 4,720,629 | 395,919 | |
Taiwan Semiconductor Manufacturing Co. Ltd. | 19,108,373 | 289,103 | |
MediaTek Inc. | 2,648,700 | 62,960 | |
Hon Hai Precision Industry Co. Ltd. | 21,376,823 | 57,977 | |
Delta Electronics Inc. | 3,849,676 | 25,614 | |
Formosa Plastics Corp. | 8,721,873 | 24,144 | |
Nan Ya Plastics Corp. | 10,088,615 | 20,723 | |
CTBC Financial Holding Co. Ltd. | 32,423,939 | 20,476 | |
Cathay Financial Holding Co. Ltd. | 14,793,661 | 19,879 | |
Largan Precision Co. Ltd. | 183,848 | 19,524 | |
Fubon Financial Holding Co. Ltd. | 13,153,861 | 18,738 | |
Mega Financial Holding Co. Ltd. | 19,429,777 | 18,723 | |
Uni-President Enterprises Corp. | 8,536,487 | 18,299 | |
E.Sun Financial Holding Co. Ltd. | 21,310,239 | 18,118 | |
Chunghwa Telecom Co. Ltd. ADR | 465,963 | 17,604 | |
United Microelectronics Corp. ADR | 2,969,084 | 15,736 | |
China Steel Corp. | 22,052,234 | 15,665 | |
Formosa Chemicals & Fibre Corp. | 6,123,306 | 14,748 | |
Yuanta Financial Holding Co. Ltd. | 20,627,272 | 12,825 | |
Taiwan Cement Corp. | 8,996,102 | 12,767 | |
First Financial Holding Co. Ltd. | 17,964,359 | 12,605 | |
ASE Technology Holding Co. Ltd. | 5,571,449 | 12,506 | |
Quanta Computer Inc. | 4,783,598 | 12,070 | |
Hotai Motor Co. Ltd. | 572,000 | 12,056 | |
Taiwan Cooperative Financial Holding Co. Ltd. | 17,043,650 | 11,449 | |
Chailease Holding Co. Ltd. | 2,254,895 | 10,954 | |
Asustek Computer Inc. | 1,257,026 | 10,680 | |
Realtek Semiconductor Corp. | 845,768 | 10,536 | |
Yageo Corp. | 829,000 | 10,328 | |
Hua Nan Financial Holdings Co. Ltd. | 16,964,749 | 10,208 | |
Taiwan Mobile Co. Ltd. | 2,922,713 | 9,984 | |
Novatek Microelectronics Corp. | 992,916 | 9,279 | |
President Chain Store Corp. | 997,904 | 9,007 | |
Catcher Technology Co. Ltd. | 1,324,153 | 8,371 | |
Taishin Financial Holding Co. Ltd. | 18,519,440 | 8,167 | |
Pegatron Corp. | 3,623,038 | 7,808 | |
Win Semiconductors Corp. | 714,000 | 7,789 | |
Shanghai Commercial & Savings Bank Ltd. | 5,874,000 | 7,615 | |
Advantech Co. Ltd. | 743,536 | 7,527 | |
China Development Financial Holding Corp. | 24,329,318 | 7,140 | |
Chunghwa Telecom Co. Ltd. | 1,869,207 | 7,013 | |
SinoPac Financial Holdings Co. Ltd. | 18,692,229 | 6,998 | |
Accton Technology Corp. | 950,000 | 6,902 | |
Chang Hwa Commercial Bank Ltd. | 11,505,155 | 6,860 | |
Formosa Petrochemical Corp. | 2,464,580 | 6,785 | |
Airtac International Group | 234,000 | 6,299 | |
Far Eastern New Century Corp. | 6,965,819 | 6,289 | |
Silergy Corp. | 102,000 | 6,289 | |
Lite-On Technology Corp. | 3,777,767 | 6,154 | |
Asia Cement Corp. | 4,158,519 | 5,986 | |
Shin Kong Financial Holding Co. Ltd. | 21,273,015 | 5,925 | |
Far EasTone Telecommunications Co. Ltd. | 2,818,643 | 5,915 | |
Unimicron Technology Corp. | 2,376,975 | 5,680 | |
Globalwafers Co. Ltd. | 371,000 | 5,403 | |
United Microelectronics Corp. | 4,966,978 | 5,338 | |
Giant Manufacturing Co. Ltd. | 530,625 | 5,242 | |
Innolux Corp. | 15,096,370 | 5,240 | |
Wistron Corp. | 5,075,445 | 5,074 | |
* | Oneness Biotech Co. Ltd. | 491,000 | 5,061 |
Vanguard International Semiconductor Corp. | 1,522,466 | 4,974 | |
Micro-Star International Co. Ltd. | 1,229,000 | 4,954 | |
Walsin Technology Corp. | 865,000 | 4,954 | |
Parade Technologies Ltd. | 128,000 | 4,891 |
52
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Compal Electronics Inc. | 7,378,510 | 4,807 | |
Eclat Textile Co. Ltd. | 358,398 | 4,769 | |
Feng TAY Enterprise Co. Ltd. | 779,532 | 4,732 | |
Zhen Ding Technology Holding Ltd. | 1,054,000 | 4,467 | |
Inventec Corp. | 5,517,064 | 4,367 | |
Acer Inc. | 5,108,396 | 4,269 | |
Pou Chen Corp. | 4,765,125 | 4,210 | |
Cheng Shin Rubber Industry Co. Ltd. | 3,273,222 | 4,134 | |
* | AU Optronics Corp. ADR | 1,020,878 | 4,063 |
Taiwan High Speed Rail Corp. | 3,728,000 | 3,946 | |
Wiwynn Corp. | 155,000 | 3,944 | |
ASMedia Technology Inc. | 75,000 | 3,765 | |
China Life Insurance Co. Ltd. | 5,503,998 | 3,691 | |
Synnex Technology International Corp. | 2,412,889 | 3,586 | |
Hiwin Technologies Corp. | 393,000 | 3,429 | |
Walsin Lihwa Corp. | 5,461,000 | 3,393 | |
Teco Electric and Machinery Co. Ltd. | 3,208,000 | 3,355 | |
Foxconn Technology Co. Ltd. | 1,908,925 | 3,348 | |
Chicony Electronics Co. Ltd. | 1,050,337 | 3,167 | |
Genius Electronic Optical Co. Ltd. | 160,000 | 3,145 | |
Powertech Technology Inc. | 1,048,000 | 3,101 | |
Taiwan Business Bank | 8,864,840 | 2,916 | |
* | Evergreen Marine Corp. Taiwan Ltd. | 4,217,300 | 2,790 |
Nanya Technology Corp. | 1,376,600 | 2,790 | |
Nien Made Enterprise Co. Ltd. | 227,000 | 2,559 | |
Taiwan Fertilizer Co. Ltd. | 1,286,000 | 2,304 | |
* | AU Optronics Corp. | 5,680,000 | 2,294 |
* | Epistar Corp. | 1,830,000 | 2,149 |
Eternal Materials Co. Ltd. | 1,820,104 | 2,143 | |
Formosa Taffeta Co. Ltd. | 1,814,000 | 1,986 | |
momo.com Inc. | 82,000 | 1,962 | |
Eva Airways Corp. | 4,080,188 | 1,542 | |
Taiwan Secom Co. Ltd. | 483,725 | 1,485 | |
Capital Securities Corp. | 3,704,587 | 1,414 | |
* | China Airlines Ltd. | 4,564,913 | 1,398 |
* | Taiwan Glass Industry Corp. | 3,057,089 | 1,342 |
Far Eastern International Bank | 3,635,710 | 1,316 | |
* | HTC Corp. | 1,211,570 | 1,218 |
* | Yulon Motor Co. Ltd. | 971,377 | 1,211 |
Wan Hai Lines Ltd. | 1,229,702 | 1,128 | |
Transcend Information Inc. | 493,455 | 1,100 | |
ASE Technology Holding Co. Ltd. ADR | 225,217 | 1,029 | |
* | TPK Holding Co. Ltd. | 548,422 | 968 |
* | OBI Pharma Inc. | 238,790 | 935 |
U-Ming Marine Transport Corp. | 732,000 | 743 | |
* | China Motor Corp. | 425,642 | 661 |
Yulon Nissan Motor Co. Ltd. | 39,633 | 341 | |
1,553,259 | |||
Thailand (0.6%) | |||
PTT PCL (Foreign) | 25,125,620 | 24,970 | |
CP ALL PCL (Foreign) | 9,461,813 | 16,288 | |
Airports of Thailand PCL (Foreign) | 8,782,390 | 14,562 | |
Advanced Info Service PCL (Foreign) | 1,944,164 | 10,754 | |
Siam Cement PCL NVDR | 952,280 | 10,319 | |
Bangkok Dusit Medical Services PCL | 16,547,401 | 9,285 | |
PTT Exploration & Production PCL (Foreign) | 2,551,400 | 6,447 | |
Siam Commercial Bank PCL (Foreign) | 3,003,189 | 6,253 | |
Siam Cement PCL (Foreign) | 576,213 | 6,244 | |
Gulf Energy Development PCL | 6,693,654 | 6,119 | |
Charoen Pokphand Foods PCL (Foreign) | 6,740,178 | 5,456 | |
Intouch Holdings PCL NVDR | 3,094,304 | 5,307 | |
Central Pattana PCL | 4,111,994 | 5,079 | |
Kasikornbank PCL (Foreign) | 1,987,983 | 4,854 | |
Home Product Center PCL | 10,545,389 | 4,716 |
53
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Delta Electronics Thailand PCL | 809,000 | 4,642 | |
PTT Global Chemical PCL | 3,526,927 | 4,519 | |
* | Minor International PCL (Foreign) | 8,005,567 | 4,283 |
^ | BTS Group Holdings PCL | 14,746,441 | 4,208 |
Bangkok Expressway & Metro PCL | 15,037,627 | 3,951 | |
Digital Telecommunications Infrastructure Fund | 9,304,248 | 3,790 | |
Bangkok Bank PCL | 1,186,600 | 3,676 | |
Energy Absolute PCL | 2,900,700 | 3,536 | |
^ | Krung Thai Bank PCL (Foreign) | 12,340,812 | 3,421 |
* | Central Retail Corp. PCL (Foreign) | 3,839,600 | 3,282 |
Krungthai Card PCL | 2,536,300 | 3,212 | |
Kasikornbank PCL | 1,155,637 | 2,822 | |
Thai Union Frozen Products PCL (Foreign) | 5,364,049 | 2,614 | |
Bangkok Bank PCL (Foreign) | 830,927 | 2,574 | |
Siam Commercial Bank PCL | 1,230,600 | 2,562 | |
Electricity Generating PCL (Foreign) | 473,009 | 2,517 | |
Indorama Ventures PCL | 3,366,583 | 2,384 | |
TMB Bank PCL | 81,591,467 | 2,117 | |
Ratchaburi Electricity Generating Holding PCL (Foreign) | 1,392,645 | 2,078 | |
Osotspa PCL | 1,986,000 | 2,037 | |
Banpu PCL | 9,497,029 | 1,996 | |
Muangthai Capital PCL | 1,126,700 | 1,977 | |
Thai Oil PCL (Foreign) | 1,790,983 | 1,967 | |
Bumrungrad Hospital PCL (Foreign) | 608,042 | 1,774 | |
Global Power Synergy PCL | 1,015,307 | 1,685 | |
Berli Jucker PCL | 1,770,915 | 1,634 | |
Srisawad Corp. PCL | 1,025,400 | 1,627 | |
B Grimm Power PCL | 1,174,500 | 1,478 | |
True Corp. PCL | 16,649,986 | 1,450 | |
Asset World Corp. PCL | 15,246,400 | 1,426 | |
Intouch Holdings PCL (Foreign) | 800,197 | 1,372 | |
Land & Houses PCL | 6,369,900 | 1,306 | |
Land & Houses PCL (Foreign) | 5,553,476 | 1,139 | |
IRPC PCL (Foreign) | 17,398,528 | 1,127 | |
Total Access Communication PCL (Foreign) | 1,056,623 | 1,039 | |
Siam Makro PCL | 529,000 | 674 | |
Siam City Cement PCL (Foreign) | 152,936 | 581 | |
Carabao Group PCL | 156,400 | 549 | |
Bangkok Life Assurance PCL (Foreign) | 809,802 | 480 | |
Central Pattana PCL NVDR | 257,900 | 319 | |
* | SCG Packaging PCL | 134,218 | 152 |
Bumrungrad Hospital PCL NVDR | 50,700 | 148 | |
Total Access Communication PCL NVDR | 150,300 | 148 | |
* | Minor International PCL Warrants Exp. 07/31/2023 | 330,048 | 66 |
Bangkok Life Assurance PCL | 83,800 | 48 | |
Krung Thai Bank PCL NVDR | 166,300 | 46 | |
* | BTS Group Holdings PCL Warrants Exp. 12/31/2021 | 1,374,224 | 21 |
* | Minor International PCL Warrants Exp. 12/31/2021 | 322,731 | 2 |
227,109 | |||
Turkey (0.1%) | |||
BIM Birlesik Magazalar AS | 786,654 | 6,220 | |
* | Turkcell Iletisim Hizmetleri AS | 1,902,241 | 3,294 |
* | Turkiye Garanti Bankasi AS | 3,674,108 | 2,901 |
Eregli Demir ve Celik Fabrikalari TAS | 2,450,994 | 2,803 | |
KOC Holding AS | 1,545,212 | 2,615 | |
* | Akbank T.A.S. | 4,558,036 | 2,586 |
Aselsan Elektronik Sanayi Ve Ticaret AS | 1,075,331 | 2,148 | |
Turkiye Sise ve Cam Fabrikalari AS | 2,609,087 | 1,903 | |
* | Tupras Turkiye Petrol Rafinerileri AS | 210,099 | 1,879 |
Haci Omer Sabanci Holding AS (Bearer) | 1,600,906 | 1,575 | |
* | Turkiye Is Bankasi AS | 2,513,178 | 1,536 |
Ford Otomotiv Sanayi AS | 114,038 | 1,475 | |
Enka Insaat ve Sanayi AS | 1,267,464 | 1,095 | |
* | Turk Hava Yollari AO | 975,733 | 1,050 |
54
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Petkim Petrokimya Holding AS | 1,914,837 | 935 |
* | Arcelik AS | 272,508 | 876 |
Anadolu Efes Biracilik Ve Malt Sanayii AS | 352,902 | 820 | |
* | Koza Altin Isletmeleri AS | 84,990 | 751 |
Tofas Turk Otomobil Fabrikasi AS | 220,438 | 706 | |
* | Yapi ve Kredi Bankasi AS | 2,738,909 | 703 |
Turk Telekomunikasyon AS | 889,470 | 681 | |
Coca-Cola Icecek AS | 114,036 | 612 | |
* | Turkiye Vakiflar Bankasi TAO | 1,169,460 | 532 |
Tekfen Holding AS | 305,173 | 480 | |
TAV Havalimanlari Holding AS | 245,379 | 404 | |
Iskenderun Demir ve Celik AS | 275,551 | 245 | |
40,825 | |||
United Arab Emirates (0.2%) | |||
First Abu Dhabi Bank PJSC | 7,836,918 | 24,149 | |
Emirates Telecommunications Group Co. PJSC | 3,125,116 | 14,318 | |
Emirates NBD Bank PJSC | 3,844,556 | 9,854 | |
§ | Abu Dhabi Commercial Bank PJSC | 4,761,430 | 7,576 |
Aldar Properties PJSC | 6,878,967 | 5,080 | |
* | Emaar Properties PJSC | 6,280,010 | 4,500 |
Dubai Islamic Bank PJSC | 3,253,460 | 3,682 | |
Abu Dhabi Islamic Bank PJSC | 1,624,065 | 1,911 | |
* | Emaar Malls PJSC | 3,735,923 | 1,490 |
Air Arabia PJSC | 4,010,189 | 1,192 | |
Dubai Investments PJSC | 3,858,174 | 1,184 | |
Dana Gas PJSC | 6,321,347 | 1,163 | |
* | DAMAC Properties Dubai Co. PJSC | 2,890,982 | 851 |
* | Emaar Development PJSC | 1,361,907 | 837 |
Dubai Financial Market PJSC | 2,767,106 | 623 | |
78,410 | |||
United Kingdom (8.5%) | |||
AstraZeneca plc | 2,331,746 | 234,121 | |
* | HSBC Holdings plc | 36,112,608 | 151,334 |
GlaxoSmithKline plc | 8,734,519 | 145,854 | |
Diageo plc | 4,080,202 | 131,864 | |
British American Tobacco plc | 4,050,256 | 128,375 | |
Unilever plc | 1,933,782 | 110,204 | |
Rio Tinto plc | 1,929,837 | 109,155 | |
Reckitt Benckiser Group plc | 1,122,651 | 98,893 | |
Royal Dutch Shell plc Class A | 7,198,438 | 90,553 | |
BP plc | 35,341,673 | 90,146 | |
Royal Dutch Shell plc Class B | 6,702,710 | 80,830 | |
National Grid plc | 6,264,341 | 74,518 | |
BHP Group plc | 3,690,166 | 71,487 | |
Vodafone Group plc | 47,358,252 | 63,175 | |
London Stock Exchange Group plc | 561,388 | 60,517 | |
Experian plc | 1,621,589 | 59,405 | |
Prudential plc | 4,632,634 | 56,660 | |
Anglo American plc | 2,192,080 | 51,433 | |
CRH plc (XLON) | 1,336,088 | 46,886 | |
Tesco plc | 17,010,767 | 45,275 | |
* | Lloyds Banking Group plc | 124,254,147 | 45,242 |
Compass Group plc | 3,178,302 | 43,504 | |
* | Barclays plc | 30,659,391 | 42,496 |
* | Ferguson plc | 400,741 | 39,802 |
* | Glencore plc | 19,119,139 | 38,568 |
RELX plc (XLON) | 1,839,791 | 36,406 | |
SSE plc | 1,842,181 | 30,211 | |
RELX plc (XAMS) | 1,494,869 | 29,575 | |
BAE Systems plc | 5,713,765 | 29,371 | |
Ashtead Group plc | 801,445 | 28,962 | |
Smith & Nephew plc | 1,554,097 | 26,986 | |
Imperial Brands plc | 1,664,952 | 26,352 | |
* | Ocado Group plc | 852,126 | 25,129 |
55
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Legal & General Group plc | 10,449,221 | 25,053 | |
Segro plc | 2,131,474 | 24,906 | |
Aviva plc | 6,952,662 | 23,191 | |
* | Rentokil Initial plc | 3,332,620 | 22,689 |
3i Group plc | 1,695,706 | 21,179 | |
* | Standard Chartered plc | 4,574,479 | 20,905 |
Intertek Group plc | 289,417 | 20,847 | |
Halma plc | 677,441 | 20,789 | |
* | Flutter Entertainment plc | 118,918 | 20,603 |
BT Group plc | 15,416,582 | 20,247 | |
Spirax-Sarco Engineering plc | 131,681 | 19,251 | |
Bunzl plc | 599,449 | 18,635 | |
*,1 | Just Eat Takeaway.com NV (XLON) | 158,794 | 17,589 |
Croda International plc | 222,708 | 17,407 | |
Next plc | 228,003 | 17,220 | |
Persimmon plc | 568,592 | 17,215 | |
WPP plc | 2,116,930 | 16,909 | |
* | InterContinental Hotels Group plc | 325,774 | 16,553 |
Smurfit Kappa Group plc | 429,992 | 16,224 | |
Sage Group plc | 1,925,602 | 15,844 | |
* | Informa plc | 2,653,277 | 14,396 |
* | Kingfisher plc | 3,780,811 | 14,061 |
United Utilities Group plc | 1,230,903 | 13,760 | |
Associated British Foods plc | 616,891 | 13,567 | |
Severn Trent plc | 429,109 | 13,505 | |
Admiral Group plc | 373,536 | 13,307 | |
* | Melrose Industries plc | 8,568,225 | 13,292 |
* | GVC Holdings plc | 1,033,909 | 12,952 |
Polymetal International plc | 608,513 | 12,934 | |
1 | Auto Trader Group plc | 1,692,265 | 12,723 |
Mondi plc (XLON) | 669,870 | 12,696 | |
* | Natwest Group plc | 7,865,889 | 12,683 |
* | Rightmove plc | 1,553,212 | 12,431 |
Burberry Group plc | 705,290 | 12,387 | |
Smiths Group plc | 707,398 | 12,188 | |
DCC plc | 176,482 | 11,468 | |
Standard Life Aberdeen plc | 3,906,849 | 11,384 | |
* | Barratt Developments plc | 1,794,625 | 11,217 |
Hargreaves Lansdown plc | 638,886 | 11,216 | |
St. James's Place plc | 949,132 | 11,062 | |
Berkeley Group Holdings plc | 209,029 | 10,990 | |
Whitbread plc | 361,774 | 10,073 | |
* | RSA Insurance Group plc | 1,829,868 | 10,049 |
Hikma Pharmaceuticals plc | 301,875 | 9,815 | |
Pennon Group plc | 760,884 | 9,792 | |
B&M European Value Retail SA | 1,518,389 | 9,529 | |
Johnson Matthey plc | 339,788 | 9,459 | |
* | Taylor Wimpey plc | 6,471,034 | 8,866 |
M&G plc | 4,603,850 | 8,757 | |
Pearson plc | 1,321,627 | 8,732 | |
* | Weir Group plc | 459,196 | 8,531 |
* | Howden Joinery Group plc | 1,021,519 | 8,433 |
* | DS Smith plc | 2,293,355 | 8,412 |
Land Securities Group plc | 1,273,941 | 8,405 | |
Direct Line Insurance Group plc | 2,420,597 | 8,272 | |
Antofagasta plc | 617,137 | 8,229 | |
Phoenix Group Holdings plc | 940,776 | 8,079 | |
Coca-Cola HBC AG | 349,558 | 7,940 | |
Wm Morrison Supermarkets plc | 3,760,422 | 7,938 | |
Intermediate Capital Group plc | 497,612 | 7,558 | |
British Land Co. plc | 1,659,147 | 7,493 | |
JD Sports Fashion plc | 768,659 | 7,395 | |
J Sainsbury plc | 2,807,376 | 7,328 | |
HomeServe plc | 493,165 | 7,068 |
56
Vanguard® FTSE All-World ex-US Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Bellway plc | 220,113 | 6,660 | |
1 | ConvaTec Group plc | 2,790,500 | 6,532 |
Schroders plc | 192,247 | 6,513 | |
Tate & Lyle plc | 830,738 | 6,404 | |
IMI plc | 477,026 | 6,396 | |
* | Hiscox Ltd. | 589,562 | 6,301 |
* | ITV plc | 6,734,930 | 6,294 |
AVEVA Group plc | 112,923 | 6,268 | |
Derwent London plc | 180,170 | 6,204 | |
* | Travis Perkins plc | 451,194 | 6,197 |
1 | Avast plc | 980,090 | 6,023 |
* | Rolls-Royce Holdings plc Rights Exp. 11/11/2020 | 10,095,920 | 5,101 |
* | Centrica plc | 10,470,907 | 5,043 |
1 | Quilter plc | 3,175,762 | 5,042 |
Fresnillo plc | 332,275 | 5,012 | |
* | Meggitt plc | 1,382,207 | 4,898 |
Evraz plc | 1,034,978 | 4,820 | |
* | Renishaw plc | 60,658 | 4,401 |
Ashmore Group plc | 796,718 | 3,686 | |
KAZ Minerals plc | 388,344 | 3,169 | |
*,^ | Rolls-Royce Holdings plc | 3,119,795 | 2,888 |
easyJet plc | 403,892 | 2,648 | |
International Consolidated Airlines Group SA (London Shares) | 2,009,416 | 2,513 | |
^ | TUI AG (XLON) | 537,911 | 2,112 |
*,§ | NMC Health plc | 140,418 | — |
3,318,042 | |||
Total Common Stocks (Cost $34,980,243) | 38,820,415 |
Coupon | |||||
Temporary Cash Investments (1.6%) | |||||
Money Market Fund (1.5%) | |||||
2,3 | Vanguard Market Liquidity Fund | 0.112% | 5,836,921 | 583,692 | |
Maturity Date | Face Amount ($000) | ||||
U.S. Government and Agency Obligations (0.1%) | |||||
4 | United States Cash Management Bill | 0.145% | 12/15/20 | 36,100 | 36,097 |
Total Temporary Cash Investments (Cost $619,815) | 619,789 | ||||
Total Investments (100.6%) (Cost $35,600,058) | 39,440,204 | ||||
Other Assets and Liabilities—Net (-0.6%) | (244,662) | ||||
Net Assets (100%) | 39,195,542 |
Cost is in $000. | |
* | Non-income-producing security. |
^ | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $379,507,000. |
§ | Security value determined using significant unobservable inputs. |
1 | Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At October 31, 2020, the aggregate value of these securities was $1,224,919,000, representing 3.1% of net assets. |
2 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
3 | Collateral of $408,978,000 was received for securities on loan. |
4 | Securities with a value of $36,097,000 have been segregated as initial margin for open futures contracts. |
ADR—American Depositary Receipt. | |
GDR—Global Depositary Receipt. | |
NVDR—Non-Voting Depository Receipt. | |
REIT—Real Estate Investment Trust. |
57
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Common Stocks (99.1%) | |||
Australia (4.6%) | |||
Breville Group Ltd. | 352,039 | 6,522 | |
Reliance Worldwide Corp. Ltd. | 2,029,358 | 5,858 | |
Nine Entertainment Co. Holdings Ltd. | 3,855,146 | 5,635 | |
Steadfast Group Ltd. | 2,191,717 | 5,495 | |
Bapcor Ltd. | 863,285 | 4,653 | |
Link Administration Holdings Ltd. | 1,285,860 | 4,324 | |
* | Lynas Corp. Ltd. | 2,000,261 | 3,980 |
IGO Ltd. | 1,231,606 | 3,849 | |
Eagers Automotive Ltd. | 498,047 | 3,809 | |
ARB Corp. Ltd. | 167,356 | 3,625 | |
Charter Hall Long Wale REIT | 1,058,452 | 3,549 | |
Regis Resources Ltd. | 1,200,873 | 3,525 | |
Healius Ltd. | 1,476,971 | 3,500 | |
BWP Trust | 1,233,614 | 3,478 | |
*,^ | Zip Co. Ltd. | 849,805 | 3,423 |
nib holdings Ltd. | 1,166,412 | 3,413 | |
St. Barbara Ltd. | 1,800,192 | 3,385 | |
Elders Ltd. | 422,188 | 3,329 | |
Super Retail Group Ltd. | 412,915 | 3,250 | |
* | Megaport Ltd. | 335,991 | 3,193 |
Waypoint REIT | 1,678,817 | 3,163 | |
Pendal Group Ltd. | 691,707 | 3,147 | |
National Storage REIT | 2,466,482 | 3,130 | |
IRESS Ltd. | 482,012 | 3,119 | |
* | Silver Lake Resources Ltd. | 2,074,902 | 3,107 |
Premier Investments Ltd. | 202,744 | 3,041 | |
Charter Hall Retail REIT | 1,209,556 | 2,927 | |
Ramelius Resources Ltd. | 2,047,889 | 2,796 | |
Codan Ltd. | 333,396 | 2,768 | |
*,^ | Mesoblast Ltd. | 1,284,383 | 2,761 |
Cromwell Property Group | 4,482,787 | 2,759 | |
Corporate Travel Management Ltd. | 267,814 | 2,748 | |
* | Champion Iron Ltd. | 1,158,988 | 2,744 |
Netwealth Group Ltd. | 224,759 | 2,730 | |
*,^ | PolyNovo Ltd. | 1,475,300 | 2,698 |
1 | Viva Energy Group Ltd. | 2,230,818 | 2,639 |
* | Perseus Mining Ltd. | 2,981,588 | 2,579 |
InvoCare Ltd. | 359,025 | 2,550 | |
Centuria Industrial REIT | 1,161,451 | 2,508 | |
Kogan.com Ltd. | 165,320 | 2,393 | |
^ | Ingenia Communities Group | 736,237 | 2,389 |
Technology One Ltd. | 376,962 | 2,380 | |
Costa Group Holdings Ltd. | 943,452 | 2,361 | |
* | De Grey Mining Ltd. | 3,003,720 | 2,331 |
Pro Medicus Ltd. | 101,838 | 2,325 | |
* | PointsBet Holdings Ltd. | 320,566 | 2,251 |
AUB Group Ltd. | 188,179 | 2,206 | |
* | Tyro Payments Ltd. | 817,733 | 2,138 |
* | United Malt Grp Ltd. | 743,992 | 2,109 |
* | Nanosonics Ltd. | 581,404 | 2,106 |
^ | Webjet Ltd. | 837,674 | 2,052 |
Bingo Industries Ltd. | 1,166,549 | 2,019 | |
Collins Foods Ltd. | 295,939 | 2,009 | |
* | Gold Road Resources Ltd. | 2,139,076 | 2,002 |
HUB24 Ltd. | 123,400 | 1,994 | |
GUD Holdings Ltd. | 211,589 | 1,887 | |
Lifestyle Communities Ltd. | 260,257 | 1,862 | |
Credit Corp. Group Ltd. | 143,630 | 1,850 | |
G8 Education Ltd. | 2,313,524 | 1,843 | |
Charter Hall Social Infrastructure REIT | 901,339 | 1,836 | |
Growthpoint Properties Australia Ltd. | 766,649 | 1,833 |
58
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
*,^ | Blackmores Ltd. | 36,838 | 1,819 |
Bega Cheese Ltd. | 512,805 | 1,804 | |
IPH Ltd. | 384,370 | 1,782 | |
Abacus Property Group | 904,629 | 1,762 | |
Brickworks Ltd. | 144,064 | 1,751 | |
Centuria Capital Group (XASX) | 1,071,635 | 1,750 | |
Data#3 Ltd. | 396,380 | 1,740 | |
NRW Holdings Ltd. | 1,132,890 | 1,738 | |
Aventus Group | 1,000,490 | 1,730 | |
Nickel Mines Ltd. | 2,748,268 | 1,728 | |
* | Bellevue Gold Ltd. | 2,089,331 | 1,666 |
* | nearmap Ltd. | 1,013,935 | 1,641 |
*,^ | West African Resources Ltd. | 2,410,057 | 1,636 |
* | Westgold Resources Ltd. | 882,399 | 1,605 |
Centuria Office REIT | 1,099,154 | 1,592 | |
* | EML Payments Ltd. | 750,142 | 1,590 |
* | Resolute Mining Ltd. | 2,758,065 | 1,566 |
*,^ | Pilbara Minerals Ltd. | 5,241,485 | 1,552 |
Austal Ltd. | 788,485 | 1,504 | |
SeaLink Travel Group Ltd. | 357,660 | 1,469 | |
* | GrainCorp Ltd. Class A | 575,280 | 1,431 |
Monadelphous Group Ltd. | 221,584 | 1,425 | |
Arena REIT | 764,762 | 1,418 | |
^ | Clinuvel Pharmaceuticals Ltd. | 95,629 | 1,390 |
Omni Bridgeway Ltd. | 570,916 | 1,389 | |
Bravura Solutions Ltd. | 660,731 | 1,364 | |
*,^ | Electro Optic Systems Holdings Ltd. | 346,605 | 1,341 |
Select Harvests Ltd. | 308,280 | 1,327 | |
Perenti Global Ltd. | 1,771,762 | 1,303 | |
Service Stream Ltd. | 923,530 | 1,302 | |
Rural Funds Group | 769,831 | 1,299 | |
Hansen Technologies Ltd. | 446,636 | 1,241 | |
Sandfire Resources Ltd. | 397,404 | 1,237 | |
oOh!media Ltd. | 1,337,694 | 1,233 | |
*,^ | Alkane Resources Ltd. | 1,411,015 | 1,228 |
Tassal Group Ltd. | 481,861 | 1,200 | |
*,^ | Orocobre Ltd. | 640,377 | 1,155 |
Integral Diagnostics Ltd. | 386,811 | 1,143 | |
GWA Group Ltd. | 616,707 | 1,143 | |
* | Opthea Ltd. | 738,024 | 1,126 |
Infomedia Ltd. | 1,014,323 | 1,107 | |
* | Avita Therapeutics Inc. | 263,859 | 1,100 |
^ | Jumbo Interactive Ltd. | 141,980 | 1,085 |
* | Sigma Healthcare Ltd. | 2,906,765 | 1,085 |
* | Galaxy Resources Ltd. | 1,099,566 | 1,079 |
Accent Group Ltd. | 897,272 | 1,053 | |
*,^ | Paradigm Biopharmaceuticals Ltd. | 545,804 | 1,036 |
Inghams Group Ltd. | 512,436 | 1,031 | |
* | Capricorn Metals Ltd. | 778,669 | 951 |
McMillan Shakespeare Ltd. | 144,064 | 948 | |
* | Mayne Pharma Group Ltd. | 4,447,060 | 937 |
* | Starpharma Holdings Ltd. Class A | 923,360 | 932 |
Hotel Property Investments | 423,987 | 921 | |
Pact Group Holdings Ltd. | 554,638 | 916 | |
BWX Ltd. | 343,995 | 913 | |
Mount Gibson Iron Ltd. | 1,900,989 | 909 | |
GDI Property Group | 1,213,209 | 907 | |
SmartGroup Corp. Ltd. | 235,650 | 902 | |
* | Southern Cross Media Group Ltd. | 7,292,146 | 896 |
* | Eclipx Group Ltd. | 831,213 | 869 |
* | Cooper Energy Ltd. | 3,815,045 | 844 |
Australian Pharmaceutical Industries Ltd. | 1,092,436 | 843 | |
* | Uniti Group Ltd. | 995,574 | 831 |
Western Areas Ltd. | 613,174 | 828 |
59
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Macmahon Holdings Ltd. | 4,775,255 | 804 | |
* | Emeco Holdings Ltd. | 1,505,560 | 804 |
Jupiter Mines Ltd. | 3,976,411 | 796 | |
^ | Lovisa Holdings Ltd. | 147,628 | 781 |
§ | Freedom Foods Group Ltd. | 357,425 | 756 |
* | Karoon Energy Ltd. | 1,368,857 | 745 |
MyState Ltd. | 255,780 | 725 | |
* | Senex Energy Ltd. | 3,471,516 | 720 |
Aurelia Metals Ltd. | 2,160,962 | 710 | |
^ | FlexiGroup Ltd. | 1,056,147 | 699 |
* | AMA Group Ltd. | 1,348,376 | 693 |
HT&E Ltd. | 651,544 | 687 | |
*,^ | Bubs Australia Ltd. | 1,405,838 | 686 |
* | Australian Agricultural Co. Ltd. | 859,280 | 673 |
Cedar Woods Properties Ltd. | 166,885 | 673 | |
Asaleo Care Ltd. | 995,199 | 663 | |
*,^ | Carnarvon Petroleum Ltd. | 4,081,991 | 660 |
Genworth Mortgage Insurance Australia Ltd. | 544,453 | 653 | |
Estia Health Ltd. | 653,889 | 611 | |
OFX Group Ltd. | 616,521 | 541 | |
^ | Virtus Health Ltd. | 167,148 | 527 |
* | Superloop Ltd. | 797,944 | 517 |
1 | Coronado Global Resources Inc. | 937,377 | 491 |
* | Village Roadshow Ltd. | 301,418 | 473 |
^ | New Hope Corp. Ltd. | 624,534 | 470 |
MACA Ltd. | 707,617 | 410 | |
*,^ | Myer Holdings Ltd. | 2,235,002 | 363 |
*,^ | Syrah Resources Ltd. | 1,122,665 | 361 |
SG Fleet Group Ltd. | 302,464 | 359 | |
Navigator Global Investments Ltd. | 323,361 | 351 | |
* | Dacian Gold Ltd. | 1,397,618 | 350 |
*,^ | Seven West Media Ltd. | 2,424,160 | 281 |
* | WPP AUNZ Ltd. | 946,694 | 280 |
Regis Healthcare Ltd. | 376,843 | 273 | |
Vita Group Ltd. | 378,563 | 264 | |
*,^ | New Century Resources Ltd. | 1,964,861 | 228 |
Japara Healthcare Ltd. | 728,831 | 197 | |
* | Centuria Capital Group | 71,442 | 117 |
*,^,§ | Liquefied Natural Gas Ltd. | 1,600,429 | 48 |
* | PointsBet Holdings Ltd. Warrants Exp. 09/30/2022 | 8,974 | 17 |
*,§ | SGH Energy Pty Ltd. | 1,906,834 | — |
*,^,§ | SpeedCast International Ltd. | 631,077 | — |
284,385 | |||
Austria (0.6%) | |||
Wienerberger AG | 289,087 | 7,298 | |
*,1 | BAWAG Group AG | 147,534 | 5,418 |
CA Immobilien Anlagen AG | 179,437 | 4,929 | |
Mayr Melnhof Karton AG | 23,858 | 3,898 | |
* | Immofinanz AG | 210,387 | 2,821 |
^ | Oesterreichische Post AG | 85,248 | 2,707 |
*,^ | Lenzing AG | 32,030 | 2,242 |
S Immo AG | 130,817 | 1,933 | |
Evn AG | 100,266 | 1,602 | |
UNIQA Insurance Group AG | 282,303 | 1,590 | |
* | Strabag SE | 44,045 | 1,278 |
*,^ | Do & Co AG | 18,204 | 661 |
Palfinger AG | 28,032 | 649 | |
* | Flughafen Wien AG | 27,428 | 648 |
Schoeller-Bleckmann Oilfield Equipment AG | 24,513 | 594 | |
Agrana Beteiligungs AG | 30,733 | 555 | |
Zumtobel Group AG | 76,393 | 427 | |
*,^ | Porr AG | 26,516 | 354 |
39,604 |
60
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Belgium (1.4%) | |||
Warehouses De Pauw CVA | 348,464 | 11,675 | |
Cofinimmo SA | 70,574 | 9,592 | |
Aedifica SA | 94,712 | 9,545 | |
Euronav NV | 528,881 | 3,864 | |
^ | Melexis NV | 48,327 | 3,679 |
Montea C.V.A | 33,010 | 3,625 | |
Fagron | 158,376 | 3,516 | |
Shurgard Self Storage SA | 69,660 | 2,970 | |
D'ieteren SA/NV | 58,706 | 2,941 | |
Barco NV | 180,062 | 2,825 | |
VGP NV | 21,105 | 2,750 | |
* | KBC Ancora | 92,554 | 2,623 |
Gimv NV | 49,239 | 2,571 | |
Xior Student Housing NV | 42,067 | 2,392 | |
bpost SA | 261,791 | 2,320 | |
* | Ontex Group NV | 204,149 | 2,259 |
* | Tessenderlo Chemie NV (Voting Shares) | 65,358 | 2,225 |
Befimmo SA | 53,907 | 2,099 | |
Bekaert SA | 89,371 | 1,901 | |
Retail Estates NV | 27,640 | 1,634 | |
* | AGFA-Gevaert NV | 415,407 | 1,579 |
Orange Belgium SA | 77,793 | 1,296 | |
* | Cie d'Entreprises CFE | 19,460 | 1,205 |
*,^ | Kinepolis Group NV | 33,936 | 862 |
* | Mithra Pharmaceuticals SA | 43,614 | 793 |
* | Econocom Group SA/NV | 339,451 | 747 |
Van de Velde NV | 16,139 | 411 | |
Wereldhave Belgium Comm VA | 6,639 | 278 | |
84,177 | |||
Brazil (0.8%) | |||
Metalurgica Gerdau SA Preference Shares Class A | 1,894,970 | 3,236 | |
*,1 | Locaweb Servicos de Internet SA | 213,000 | 2,567 |
* | Marfrig Global Foods SA | 1,000,650 | 2,401 |
MRV Engenharia e Participacoes SA | 766,165 | 2,250 | |
Linx SA | 346,067 | 2,165 | |
* | Light SA | 613,849 | 2,064 |
* | Omega Geracao SA | 247,864 | 1,458 |
Santos Brasil Participacoes SA | 1,797,605 | 1,231 | |
Cia de Saneamento de Minas Gerais-COPASA | 162,841 | 1,215 | |
* | Gol Linhas Aereas Inteligentes SA Preference Shares | 443,581 | 1,213 |
* | Minerva SA | 681,395 | 1,184 |
Arezzo Industria e Comercio SA | 112,310 | 1,180 | |
Iguatemi Empresa de Shopping Centers SA | 222,859 | 1,165 | |
Alupar Investimento SA | 290,209 | 1,154 | |
Movida Participacoes SA | 364,700 | 1,153 | |
* | Anima Holding SA | 230,062 | 1,119 |
AES Tiete Energia SA | 434,165 | 1,112 | |
Randon Participacoes SA Preference Shares | 487,788 | 1,079 | |
SLC Agricola SA | 237,700 | 1,059 | |
* | Petro Rio SA | 193,900 | 1,058 |
Banco Pan SA Preference Shares | 790,962 | 1,028 | |
LOG Commercial Properties e Participacoes SA | 183,365 | 1,002 | |
* | Vivara Participacoes SA | 257,900 | 980 |
Cia Hering | 349,600 | 969 | |
CVC Brasil Operadora e Agencia de Viagens SA | 417,600 | 894 | |
BK Brasil Operacao e Assessoria a Restaurantes SA | 510,200 | 866 | |
Construtora Tenda SA | 182,234 | 853 | |
BR Properties SA | 560,806 | 847 | |
Iochpe Maxion SA | 357,344 | 827 | |
JHSF Participacoes SA | 719,800 | 807 | |
* | EcoRodovias Infraestrutura e Logistica SA | 433,368 | 755 |
* | Grupo SBF SA | 185,300 | 741 |
SIMPAR SA | 159,700 | 715 |
61
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Camil Alimentos SA | 334,500 | 705 | |
Marcopolo SA Preference Shares | 1,589,532 | 679 | |
Unipar Carbocloro SA Preference Shares | 122,026 | 643 | |
* | Tupy SA | 184,331 | 606 |
* | C&A Modas Ltda | 294,300 | 605 |
Even Construtora e Incorporadora SA | 283,722 | 510 | |
Instituto Hermes Pardini SA | 123,600 | 462 | |
Direcional Engenharia SA | 216,994 | 426 | |
Smiles Fidelidade SA | 162,800 | 409 | |
Jereissati Participacoes SA | 97,300 | 356 | |
1 | Ser Educacional SA | 147,998 | 343 |
Enauta Participacoes SA | 206,400 | 341 | |
Wiz Solucoes e Corretagem de Seguros SA | 216,800 | 338 | |
Mahle-Metal Leve SA | 106,600 | 331 | |
Alliar Medicos A Frente SA | 123,000 | 208 | |
49,309 | |||
Canada (14.3%) | |||
Kirkland Lake Gold Ltd. | 725,560 | 33,057 | |
Kinross Gold Corp. | 3,278,804 | 26,087 | |
Open Text Corp. | 706,148 | 25,945 | |
^ | Emera Inc. | 647,973 | 25,850 |
Algonquin Power & Utilities Corp. | 1,550,303 | 23,505 | |
WSP Global Inc. | 297,658 | 18,827 | |
Ritchie Bros Auctioneers Inc. | 286,480 | 17,366 | |
B2Gold Corp. | 2,678,398 | 17,229 | |
Pan American Silver Corp. | 536,831 | 17,060 | |
First Quantum Minerals Ltd. | 1,451,760 | 16,683 | |
CCL Industries Inc. Class B | 390,277 | 14,881 | |
Northland Power Inc. | 453,350 | 14,662 | |
TMX Group Ltd. | 147,205 | 14,304 | |
^ | Canadian Apartment Properties REIT | 442,973 | 14,240 |
Yamana Gold Inc. | 2,475,907 | 13,771 | |
Toromont Industries Ltd. | 210,059 | 13,078 | |
FirstService Corp. | 95,153 | 12,759 | |
Empire Co. Ltd. | 440,484 | 12,018 | |
CAE Inc. | 693,831 | 11,858 | |
* | Descartes Systems Group Inc. | 219,713 | 11,781 |
Element Fleet Management Corp. | 1,141,912 | 10,757 | |
* | Kinaxis Inc. | 69,986 | 10,684 |
Quebecor Inc. Class B | 456,646 | 10,594 | |
Gildan Activewear Inc. | 509,454 | 10,554 | |
* | SSR Mining Inc. | 568,692 | 10,526 |
iA Financial Corp. Inc. | 292,780 | 10,201 | |
Lundin Mining Corp. | 1,652,776 | 9,986 | |
Inter Pipeline Ltd. | 1,110,551 | 9,886 | |
Cameco Corp. | 1,033,043 | 9,816 | |
TFI International Inc. | 217,383 | 9,679 | |
Parkland Corp. | 385,095 | 9,406 | |
Alamos Gold Inc. Class A | 1,019,004 | 9,308 | |
AltaGas Ltd. | 729,174 | 9,244 | |
Onex Corp. | 208,554 | 9,016 | |
^ | RioCan REIT | 826,107 | 8,916 |
Granite REIT | 150,813 | 8,456 | |
Tourmaline Oil Corp. | 650,850 | 8,432 | |
Stantec Inc. | 291,469 | 8,370 | |
Keyera Corp. | 571,625 | 8,113 | |
* | Endeavour Mining Corp. | 328,307 | 8,053 |
Boyd Group Services Inc. | 55,731 | 7,994 | |
^ | Allied Properties REIT | 317,988 | 7,712 |
*,^ | Ballard Power Systems Inc. | 513,851 | 7,579 |
Finning International Inc. | 424,179 | 6,450 | |
^ | SNC-Lavalin Group Inc. | 458,714 | 6,418 |
* | NovaGold Resources Inc. | 613,381 | 6,358 |
Premium Brands Holdings Corp. | 86,823 | 6,194 |
62
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
West Fraser Timber Co. Ltd. | 130,688 | 6,061 | |
Innergex Renewable Energy Inc. | 335,989 | 6,058 | |
CI Financial Corp. | 519,513 | 6,056 | |
Capital Power Corp. | 273,957 | 6,037 | |
^ | Choice Properties REIT | 666,013 | 6,014 |
* | Pretium Resources Inc. | 482,642 | 5,887 |
* | BlackBerry Ltd. | 1,305,132 | 5,858 |
Boralex Inc. Class A | 198,239 | 5,766 | |
Stella-Jones Inc. | 176,312 | 5,738 | |
* | Ivanhoe Mines Ltd. | 1,447,269 | 5,692 |
BRP Inc. | 104,395 | 5,639 | |
^ | H&R REIT | 731,245 | 5,620 |
Gibson Energy Inc. | 380,540 | 5,604 | |
* | Eldorado Gold Corp. | 445,956 | 5,590 |
Colliers International Group Inc. | 78,555 | 5,564 | |
Atco Ltd. Class I | 197,665 | 5,503 | |
* | Equinox Gold Corp. | 506,174 | 5,406 |
^ | SmartCentres REIT | 337,258 | 5,331 |
Enghouse Systems Ltd. | 105,397 | 5,230 | |
*,^ | First Majestic Silver Corp. | 502,923 | 5,145 |
Primo Water Corp. | 402,858 | 5,050 | |
^ | First Capital REIT | 558,395 | 4,954 |
Centerra Gold Inc. | 563,650 | 4,924 | |
* | Lightspeed POS Inc. (XTSE) | 151,963 | 4,861 |
Methanex Corp. | 162,181 | 4,808 | |
Osisko Gold Royalties Ltd. | 427,753 | 4,784 | |
^ | Brookfield Infrastructure Corp. Class A | 84,183 | 4,595 |
ARC Resources Ltd. | 909,931 | 4,480 | |
* | IAMGOLD Corp. | 1,211,101 | 4,436 |
TransAlta Corp. | 717,704 | 4,256 | |
* | Canadian Solar Inc. | 115,753 | 4,208 |
*,^ | Canada Goose Holdings Inc. | 134,453 | 4,193 |
* | Air Canada Class A | 379,051 | 4,191 |
^ | Canadian Western Bank | 221,978 | 4,082 |
Superior Plus Corp. | 458,635 | 4,079 | |
^ | Chartwell Retirement Residences | 560,636 | 4,023 |
Norbord Inc. | 121,197 | 3,982 | |
Linamar Corp. | 117,761 | 3,849 | |
^ | GFL Environmental Inc. | 194,787 | 3,735 |
PrairieSky Royalty Ltd. | 595,797 | 3,654 | |
Maple Leaf Foods Inc. | 197,465 | 3,596 | |
* | Parex Resources Inc. | 361,764 | 3,522 |
TransAlta Renewables Inc. | 278,678 | 3,493 | |
^ | Genworth MI Canada Inc. | 95,643 | 3,173 |
*,^ | Aphria Inc. | 696,023 | 3,129 |
North West Co. Inc. | 124,202 | 3,062 | |
* | Torex Gold Resources Inc. | 221,045 | 2,980 |
Hudbay Minerals Inc. | 562,194 | 2,536 | |
* | Seven Generations Energy Ltd. Class A | 712,053 | 2,523 |
Winpak Ltd. | 80,620 | 2,491 | |
*,^ | Cronos Group Inc. | 468,407 | 2,486 |
*,^ | Great Canadian Gaming Corp. | 143,502 | 2,450 |
* | Home Capital Group Inc. Class B | 133,308 | 2,434 |
Cascades Inc. | 225,166 | 2,396 | |
* | ATS Automation Tooling Systems Inc. | 192,883 | 2,389 |
^ | Cominar REIT | 433,849 | 2,312 |
ECN Capital Corp. | 575,338 | 2,280 | |
Transcontinental Inc. Class A | 188,519 | 2,233 | |
Husky Energy Inc. | 852,463 | 2,195 | |
Laurentian Bank of Canada | 110,707 | 2,178 | |
Russel Metals Inc. | 159,132 | 2,118 | |
* | OceanaGold Corp. | 1,614,506 | 2,109 |
* | Canfor Corp. | 171,604 | 2,081 |
* | Turquoise Hill Resources Ltd. | 256,428 | 2,015 |
63
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Cogeco Communications Inc. | 28,390 | 1,977 | |
^ | Boardwalk REIT | 96,959 | 1,949 |
Whitecap Resources Inc. | 1,033,094 | 1,884 | |
Artis REIT | 294,346 | 1,843 | |
Aecon Group Inc. | 162,212 | 1,731 | |
^ | Crescent Point Energy Corp. | 1,361,320 | 1,696 |
* | Celestica Inc. | 282,652 | 1,661 |
Mullen Group Ltd. | 243,946 | 1,641 | |
NFI Group Inc. | 142,734 | 1,617 | |
Martinrea International Inc. | 203,210 | 1,530 | |
^ | Dream Office REIT | 108,620 | 1,428 |
* | MEG Energy Corp. | 774,448 | 1,413 |
First National Financial Corp. | 47,285 | 1,313 | |
^ | Westshore Terminals Investment Corp. | 117,052 | 1,176 |
*,^ | Bombardier Inc. Class B | 5,402,365 | 1,135 |
*,^ | Aurora Cannabis Inc. | 278,556 | 1,125 |
Enerplus Corp. | 564,773 | 1,026 | |
^ | Vermilion Energy Inc. | 389,173 | 961 |
^ | Northview Apartment REIT | 22,369 | 606 |
* | Lightspeed POS Inc. (XNYS) | 14,700 | 471 |
884,970 | |||
Chile (0.2%) | |||
Cap SA | 203,595 | 1,680 | |
* | Cia Sud Americana de Vapores SA | 47,081,155 | 1,370 |
SMU SA | 8,173,919 | 1,064 | |
Vina Concha y Toro SA | 649,384 | 1,036 | |
* | Latam Airlines Group SA | 633,000 | 953 |
Sonda SA | 1,482,771 | 940 | |
Inversiones Aguas Metropolitanas SA | 1,379,852 | 930 | |
Ripley Corp. SA | 2,938,540 | 733 | |
Inversiones La Construccion SA | 90,216 | 484 | |
Salfacorp SA | 933,403 | 451 | |
Besalco SA | 665,289 | 289 | |
Forus SA | 227,995 | 280 | |
10,210 | |||
China (6.1%) | |||
* | JinkoSolar Holding Co. Ltd. ADR | 85,788 | 5,001 |
* | 21Vianet Group Inc. ADR | 197,580 | 4,536 |
China Meidong Auto Holdings Ltd. | 1,104,000 | 4,521 | |
* | Baozun Inc. ADR | 118,567 | 4,338 |
*,^ | Hebei Construction Group Corp. Ltd. | 1,204,500 | 4,018 |
Chinasoft International Ltd. | 5,302,304 | 3,849 | |
*,^,1 | Weimob Inc. | 2,947,000 | 3,793 |
*,^ | HUYA Inc. ADR | 163,881 | 3,671 |
* | DouYu International Holdings Ltd. ADR | 236,543 | 3,619 |
* | Daqo New Energy Corp. ADR | 19,652 | 3,589 |
1 | Yadea Group Holdings Ltd. | 2,504,000 | 3,585 |
China Yongda Automobiles Services Holdings Ltd. | 2,330,500 | 3,321 | |
* | 360 DigiTech Inc. ADR | 278,218 | 3,205 |
*,1 | Alphamab Oncology | 1,491,000 | 3,019 |
China Grand Pharmaceutical and Healthcare Holdings Ltd. | 3,638,240 | 2,961 | |
^ | Tianneng Power International Ltd. | 1,744,468 | 2,842 |
Ever Sunshine Lifestyle Services Group Ltd. | 1,524,000 | 2,635 | |
Greentown Service Group Co. Ltd. | 2,284,000 | 2,507 | |
Powerlong Real Estate Holdings Ltd. | 3,592,000 | 2,418 | |
* | XD Inc. | 496,200 | 2,407 |
1 | Fu Shou Yuan International Group Ltd. | 2,331,000 | 2,401 |
Kaisa Group Holdings Ltd. | 5,086,000 | 2,372 | |
* | Noah Holdings Ltd. ADS | 89,920 | 2,368 |
Digital China Holdings Ltd. | 3,211,588 | 2,364 | |
Shoucheng Holdings Ltd. | 6,577,647 | 2,362 | |
China Overseas Property Holdings Ltd. | 3,195,000 | 2,320 | |
Yuzhou Group Holdings Co. Ltd. | 5,993,896 | 2,320 | |
1 | Zhou Hei Ya International Holdings Co. Ltd. | 2,348,500 | 2,286 |
64
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
China Education Group Holdings Ltd. | 1,350,000 | 2,250 | |
* | LexinFintech Holdings Ltd. ADR | 270,177 | 2,226 |
Tianli Education International Holdings Ltd. | 2,766,000 | 2,200 | |
Gemdale Properties & Investment Corp. Ltd. | 13,902,000 | 2,159 | |
1 | AK Medical Holdings Ltd. | 964,000 | 2,157 |
Ausnutria Dairy Corp. Ltd. | 1,488,000 | 2,126 | |
*,^,1 | Koolearn Technology Holding Ltd. | 644,500 | 2,087 |
Xinyi Energy Holdings Ltd. | 4,010,000 | 2,068 | |
*,1 | Jiumaojiu International Holdings Ltd. | 921,000 | 2,033 |
SSY Group Ltd. | 3,591,324 | 1,966 | |
*,1 | China Logistics Property Holdings Co. Ltd. | 3,738,000 | 1,954 |
China Overseas Grand Oceans Group Ltd. | 3,247,500 | 1,896 | |
1 | China Yuhua Education Corp. Ltd. | 2,372,000 | 1,876 |
* | GCL-Poly Energy Holdings Ltd. | 39,729,000 | 1,824 |
COFCO Joycome Foods Ltd. | 5,511,000 | 1,797 | |
China SCE Group Holdings Ltd. | 4,003,000 | 1,720 | |
China Water Affairs Group Ltd. | 2,341,600 | 1,680 | |
Hisense Home Appliances Group Co. Ltd. | 1,161,173 | 1,670 | |
*,^,1 | Viva Biotech Holdings | 1,686,000 | 1,610 |
1 | Hope Education Group Co. Ltd. | 6,734,000 | 1,588 |
Zhongyu Gas Holdings Ltd. | 1,815,000 | 1,586 | |
^ | E-House China Enterprise Holdings Ltd. | 1,546,500 | 1,583 |
Hollysys Automation Technologies Ltd. | 133,641 | 1,495 | |
Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd. Class A | 1,353,193 | 1,428 | |
* | Skyworth Group Ltd. | 5,428,710 | 1,422 |
*,^,1 | CStone Pharmaceuticals | 968,500 | 1,422 |
* | JA Solar Technology Co. Ltd. Class A | 247,600 | 1,422 |
Yuexiu REIT | 3,071,207 | 1,418 | |
* | Sohu.com Ltd. ADR | 74,536 | 1,404 |
NetDragon Websoft Holdings Ltd. | 634,590 | 1,365 | |
China Oriental Group Co. Ltd. | 6,004,000 | 1,359 | |
Sany Heavy Equipment International Holdings Co. Ltd. | 2,413,000 | 1,330 | |
*,1 | Venus MedTech Hangzhou Inc. | 137,000 | 1,321 |
Sihuan Pharmaceutical Holdings Group Ltd. | 11,257,000 | 1,298 | |
* | Lifetech Scientific Corp. | 5,066,058 | 1,291 |
Fantasia Holdings Group Co. Ltd. | 6,765,000 | 1,280 | |
Jinchuan Group International Resources Co. Ltd. | 13,414,000 | 1,268 | |
* | So-Young International Inc. ADR | 108,568 | 1,267 |
Lonking Holdings Ltd. | 4,711,313 | 1,255 | |
C&D International Investment Group Ltd. | 762,000 | 1,240 | |
* | China Kepei Education Group Ltd. | 1,796,000 | 1,239 |
Fanhua Inc. ADR | 82,530 | 1,237 | |
Zhenro Properties Group Ltd. | 2,127,000 | 1,227 | |
* | Bitauto Holdings Ltd. ADR | 76,544 | 1,220 |
* | Sogou Inc. ADR | 134,435 | 1,196 |
*,1 | Ascentage Pharma Group International | 333,200 | 1,174 |
TCL Electronics Holdings Ltd. | 1,727,122 | 1,173 | |
China Dongxiang Group Co. Ltd. | 9,359,000 | 1,160 | |
^ | Comba Telecom Systems Holdings Ltd. | 3,599,959 | 1,155 |
1 | China New Higher Education Group Ltd. | 2,174,000 | 1,134 |
China Suntien Green Energy Corp. Ltd. Class H | 4,840,762 | 1,129 | |
* | Beijing Chunlizhengda Medical Instruments Co. Ltd. | 267,000 | 1,109 |
Bank of Chongqing Co. Ltd. Class H | 1,977,843 | 1,109 | |
Central China Real Estate Ltd. | 2,055,000 | 1,106 | |
^,1 | Redco Properties Group Ltd. | 2,492,000 | 1,103 |
1 | Genertec Universal Medical Group Co. Ltd. | 1,572,309 | 1,095 |
Fufeng Group Ltd. | 3,417,864 | 1,083 | |
Tiangong International Co. Ltd. | 3,194,000 | 1,072 | |
1 | Midea Real Estate Holding Ltd. | 469,800 | 1,062 |
* | BEST Inc. ADR | 412,860 | 1,061 |
Greatview Aseptic Packaging Co. Ltd. | 2,441,000 | 1,046 | |
Skyfame Realty Holdings Ltd. | 7,882,000 | 1,038 | |
*,^ | Shanghai Fudan Microelectronics Group Co. Ltd. Class H | 682,000 | 1,031 |
China Tian Lun Gas Holdings Ltd. | 1,219,900 | 1,028 |
65
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Zhongliang Holdings Group Co. Ltd. | 1,509,000 | 1,019 | |
*,^ | Zhuguang Holdings Group Co. Ltd. | 6,564,000 | 1,017 |
Yuexiu Transport Infrastructure Ltd. | 1,810,000 | 1,008 | |
PAX Global Technology Ltd. | 1,729,062 | 1,005 | |
^ | China Maple Leaf Educational Systems Ltd. | 3,660,000 | 994 |
Sinopec Kantons Holdings Ltd. | 2,731,962 | 988 | |
Q Technology Group Co. Ltd. | 891,000 | 985 | |
* | Ecovacs Robotics Co. Ltd. Class A | 104,140 | 976 |
China Resources Medical Holdings Co. Ltd. | 1,605,791 | 956 | |
Skshu Paint Co. Ltd. Class A | 42,920 | 951 | |
LVGEM China Real Estate Investment Co. Ltd. | 2,932,000 | 939 | |
Guangdong Hongda Blasting Co. Ltd. Class A | 130,600 | 934 | |
*,1 | Maoyan Entertainment | 659,400 | 930 |
*,1 | Meitu Inc. | 5,153,500 | 908 |
^ | China Tobacco International HK Co. Ltd. | 478,000 | 906 |
Dongyue Group Ltd. | 2,369,000 | 904 | |
JiuGui Liquor Co. Ltd. Class A | 60,000 | 899 | |
Addsino Co. Ltd. Class A | 297,000 | 894 | |
Xtep International Holdings Ltd. | 2,611,879 | 886 | |
Ronshine China Holdings Ltd. | 1,267,000 | 864 | |
*,1 | Yixin Group Ltd. | 3,426,000 | 855 |
Shenzhen Capchem Technology Co. Ltd. Class A | 75,900 | 852 | |
^,1 | YiChang HEC ChangJiang Pharmaceutical Co. Ltd. Class H | 689,630 | 851 |
West China Cement Ltd. | 5,713,200 | 849 | |
*,§ | SMI Holdings Group Ltd. | 2,800,800 | 845 |
Tong Ren Tang Technologies Co. Ltd. Class H | 1,407,516 | 826 | |
Hangzhou Steam Turbine Co. Ltd. Class B | 697,104 | 815 | |
China Harmony Auto Holding Ltd. | 2,049,000 | 806 | |
* | Beijing BDStar Navigation Co. Ltd. Class A | 90,500 | 802 |
Jiangsu Yangnong Chemical Co. Ltd. Class A | 57,200 | 796 | |
Jiangsu Shagang Co. Ltd. Class A | 407,500 | 791 | |
CIMC Enric Holdings Ltd. | 1,654,000 | 779 | |
Zhejiang Huafeng Spandex Co. Ltd. Class A | 637,600 | 765 | |
* | Tongdao Liepin Group | 310,200 | 765 |
Chacha Food Co. Ltd. Class A | 83,600 | 743 | |
* | Chifeng Jilong Gold Mining Co. Ltd. Class A | 277,400 | 742 |
Greenland Hong Kong Holdings Ltd. | 2,228,000 | 724 | |
* | Ingenic Semiconductor Co. Ltd. Class A | 68,600 | 722 |
Concord New Energy Group Ltd. | 13,630,000 | 722 | |
CMBC Capital Holdings Ltd. | 44,200,876 | 721 | |
Infore Environment Technology Group Co. Ltd. Class A | 583,465 | 709 | |
China High Speed Transmission Equipment Group Co. Ltd. | 950,300 | 705 | |
* | Hainan Airlines Holding Co. Ltd. Class A | 3,018,100 | 700 |
China BlueChemical Ltd. Class H | 4,896,000 | 696 | |
Sanquan Food Co. Ltd. Class A | 147,700 | 681 | |
China South City Holdings Ltd. | 6,738,000 | 680 | |
* | Shanxi Meijin Energy Co. Ltd. Class A | 757,500 | 677 |
1 | Shanghai Haohai Biological Technology Co. Ltd. Class H | 109,000 | 672 |
China Lilang Ltd. | 1,060,000 | 672 | |
Wuhu Token Science Co. Ltd. Class A | 449,510 | 671 | |
Apeloa Pharmaceutical Co. Ltd. Class A | 217,600 | 665 | |
*,^ | Qudian Inc. ADR | 491,728 | 659 |
CNHTC Jinan Truck Co. Ltd. Class A | 124,100 | 649 | |
* | Baozun Inc. Class A | 53,781 | 648 |
Jiangsu Yoke Technology Co. Ltd. Class A | 85,500 | 647 | |
SPIC Dongfang New Energy Corp. Class A | 989,650 | 643 | |
Xingda International Holdings Ltd. | 2,488,000 | 641 | |
Sinocare Inc. | 104,300 | 640 | |
* | Qutoutiao Inc. ADR | 297,378 | 639 |
Qianhe Condiment and Food Co. Ltd. Class A | 109,944 | 628 | |
Red Avenue New Materials Group Co. Ltd. Class A | 108,100 | 626 | |
* | BAIC BluePark New Energy Technology Co. Ltd. Class Class A | 627,400 | 624 |
Beijing Capital Land Ltd. Class H | 3,597,000 | 619 | |
Aerospace CH UAV Co. Ltd. | 174,686 | 619 |
66
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Beijing Easpring Material Technology Co. Ltd. Class A | 80,500 | 612 |
Xiamen Kingdomway Group Co. Class A | 108,033 | 612 | |
JNBY Design Ltd. | 557,000 | 607 | |
Consun Pharmaceutical Group Ltd. | 1,510,000 | 596 | |
China Zhenhua Group Science & Technology Co. Ltd. Class A | 95,200 | 596 | |
Wuhan Raycus Fiber Laser Technologies Co. Ltd. Class A | 53,125 | 594 | |
Wuxi Taiji Industry Co. Ltd. Class A | 389,800 | 593 | |
1 | China Everbright Greentech Ltd. | 1,494,000 | 593 |
1 | Impro Precision Industries Ltd. | 2,037,000 | 593 |
* | Suzhou Maxwell Technologies Co. Ltd. Class A | 9,600 | 592 |
* | Shanghai Liangxin Electrical Co. Ltd. Class A | 145,400 | 590 |
* | Joinn Laboratories China Co. Ltd. Class A | 37,400 | 589 |
* | Zhongtian Financial Group Co. Ltd. Class A | 1,290,000 | 588 |
Accelink Technologies Co. Ltd. Class A | 125,000 | 587 | |
Shenzhen Sunlord Electronics Co. Ltd. Class A | 148,900 | 575 | |
* | State Grid Information & Communication Co. Ltd. Class A | 220,500 | 574 |
Yangzhou Yangjie Electronic Technology Co. Ltd. Class A | 92,600 | 563 | |
Xiamen Faratronic Co. Ltd. Class A | 41,600 | 558 | |
Jiangsu Hengshun Vinegar Industry Co. Ltd. Class A | 185,633 | 556 | |
* | CAR Inc. | 1,725,000 | 552 |
* | Gree Real Estate Co. Ltd. Class A | 380,335 | 551 |
Shanxi Taigang Stainless Steel Co. Ltd. Class A | 1,051,700 | 551 | |
Hangzhou Silan Microelectronics Co. Ltd. Class A | 242,200 | 547 | |
Chaowei Power Holdings Ltd. | 1,589,563 | 547 | |
Tongda Group Holdings Ltd. | 10,052,346 | 546 | |
* | Bafang Electric Suzhou Co. Ltd. Class A | 19,800 | 545 |
* | Hi Sun Technology China Ltd. | 4,995,101 | 544 |
* | Jiangsu Jiejie Microelectronics Co. Ltd. Class A | 90,300 | 543 |
PharmaBlock Sciences Nanjing Inc. Class A | 26,700 | 542 | |
Shanghai Weaver Network Co. Ltd. Class A | 39,240 | 542 | |
Colour Life Services Group Co. Ltd. | 1,118,000 | 542 | |
Fujian Torch Electron Technology Co. Ltd. Class A | 74,700 | 539 | |
Guizhou Space Appliance Co. Ltd. Class A | 79,100 | 539 | |
Shanghai Jin Jiang Capital Co. Ltd. Class H | 3,855,480 | 538 | |
* | Harbin Electric Co. Ltd. Class H | 1,869,813 | 532 |
Grandblue Environment Co. Ltd. Class A | 140,900 | 527 | |
Yantai Dongcheng Pharmaceutical Co. Ltd. Class A | 148,300 | 522 | |
Beijing Thunisoft Corp. Ltd. Class A | 149,100 | 521 | |
Shanghai Chinafortune Co. Ltd. Class A | 196,800 | 519 | |
* | Sinofibers Technology Co. Ltd. Class A | 73,700 | 518 |
Zhuzhou Hongda Electronics Corp. Ltd. Class A | 71,600 | 515 | |
Amoy Diagnostics Co. Ltd. Class A | 40,800 | 513 | |
Hainan Poly Pharm Co. Ltd. | 80,274 | 507 | |
China Shineway Pharmaceutical Group Ltd. | 800,343 | 504 | |
Beijing United Information Technology Co. Ltd. | 33,690 | 502 | |
YanTai Shuangta Food Co. Ltd. Class A | 229,900 | 502 | |
* | Anhui Honglu Steel Construction Group Co. Ltd. Class A | 87,700 | 498 |
Zhuzhou Kibing Group Co. Ltd. Class A | 361,500 | 496 | |
* | China Modern Dairy Holdings Ltd. | 3,718,000 | 496 |
China Merchants Land Ltd. | 3,394,000 | 492 | |
* | Visionox Technology Inc. Class A | 252,200 | 492 |
* | Shanghai DZH Ltd. Class A | 368,200 | 491 |
* | CCOOP Group Co. Ltd. Class A | 1,108,300 | 491 |
Eoptolink Technology Inc. Ltd. Class A | 54,720 | 488 | |
Haohua Chemical Science & Technology Co. Ltd. Class A | 145,800 | 487 | |
Quectel Wireless Solutions Co. Ltd. Class A | 17,654 | 483 | |
Zhejiang Tianyu Pharmaceutical Co. Ltd. Class A | 33,700 | 474 | |
* | Zhejiang Starry Pharmaceutical Co. Ltd. Class A | 45,200 | 472 |
Longshine Technology Group Co. Ltd. Class A | 188,350 | 471 | |
* | Hangzhou Dptech Technologies Co. Ltd. Class A | 73,667 | 471 |
* | Tech-Bank Food Co. Ltd. Class A | 214,184 | 468 |
Digital China Group Co. Ltd. Class A | 121,000 | 464 | |
* | Luoxin Pharmaceuticals Group Stock Co. Ltd. Class A | 238,200 | 463 |
^ | Wisdom Education International Holdings Co. Ltd. | 1,416,000 | 461 |
67
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Estun Automation Co. Ltd. Class A | 138,800 | 460 |
CPMC Holdings Ltd. | 1,042,000 | 459 | |
* | Shaanxi Construction Machinery Co. Ltd. Class A | 192,300 | 459 |
*,^,1 | Ascletis Pharma Inc. | 1,252,000 | 452 |
* | Shanghai Wanye Enterprises Co. Ltd. Class A | 178,600 | 450 |
*,^,§ | China ZhengTong Auto Services Holdings Ltd. | 3,331,000 | 450 |
Ming Yang Smart Energy Group Ltd. Class A | 185,100 | 449 | |
Chengzhi Co. Ltd. Class A | 231,000 | 448 | |
* | Bear Electric Appliance Co. Ltd. Class A | 25,700 | 446 |
MLS Co. Ltd. Class A | 243,900 | 443 | |
Shenzhen Sunline Tech Co. Ltd. Class A | 133,900 | 442 | |
Shanghai Industrial Urban Development Group Ltd. | 4,728,000 | 441 | |
* | Berry Genomics Co. Ltd. Class A | 58,700 | 438 |
Shenzhen Fastprint Circuit Tech Co. Ltd. Class A | 275,200 | 437 | |
Shenzhen Megmeet Electrical Co. Ltd. Class A | 86,600 | 436 | |
Sinofert Holdings Ltd. | 4,874,000 | 435 | |
PCI-Suntek Technology Co. Ltd. Class A | 324,200 | 435 | |
* | Bohai Leasing Co. Ltd. Class A | 1,140,100 | 433 |
Guangdong Tapai Group Co. Ltd. Class A | 219,928 | 432 | |
Sai Micro Electronics Inc. Class A | 106,000 | 432 | |
*,^ | Fullshare Holdings Ltd. | 21,310,000 | 432 |
Jiangsu Provincial Agricultural Reclamation and Development Corp. | 223,100 | 432 | |
Xinjiang Tianshan Cement Co. Ltd. Class A | 193,700 | 431 | |
Risen Energy Co. Ltd. Class A | 166,400 | 428 | |
Zhejiang Orient Financial Holdings Group Co. Ltd. Class A | 411,004 | 427 | |
Shenzhen H&T Intelligent Control Co. Ltd. Class A | 169,200 | 426 | |
* | Xi'an Triangle Defense Co. Ltd. Class A | 91,400 | 425 |
Riyue Heavy Industry Co. Ltd. Class A | 116,900 | 422 | |
COFCO Biotechnology Co. Ltd. Class A | 344,500 | 422 | |
* | Zibo Qixiang Tengda Chemical Co. Ltd. Class A | 340,500 | 419 |
* | Milkyway Chemical Supply Chain Service Co. Ltd. Class A | 25,500 | 418 |
Yusys Technologies Co. Ltd. Class A | 76,300 | 414 | |
Guangzhou Restaurant Group Co. Ltd. Class A | 74,400 | 412 | |
Beijing Aosaikang Pharmaceutical Co. Ltd. Class A | 169,403 | 411 | |
Guangdong Provincial Expressway Development Co. Ltd. Class B | 776,294 | 410 | |
* | Zhejiang Jiecang Linear Motion Technology Co. Ltd. Class A | 41,100 | 408 |
* | Hunan Dakang International Food & Agriculture Co. Ltd. Class A | 1,175,900 | 406 |
* | Shenzhen Beauty Star Co. Ltd. Class A | 223,000 | 405 |
Victory Giant Technology Huizhou Co. Ltd. Class A | 128,600 | 402 | |
* | YaGuang Technology Group Co. Ltd. Class A | 193,500 | 401 |
B-Soft Co. Ltd. Class A | 204,800 | 400 | |
Shenzhen Yinghe Technology Co. Ltd. Class A | 93,125 | 399 | |
*,1 | CGN New Energy Holdings Co. Ltd. | 3,008,720 | 397 |
Bethel Automotive Safety Systems Co. Ltd. Class A | 75,600 | 396 | |
* | Edifier Technology Co. Ltd. Class A | 160,900 | 395 |
* | Fibocom Wireless Inc. Class A | 44,795 | 394 |
Anhui Jinhe Industrial Co. Ltd. Class A | 92,600 | 394 | |
Jiangsu Nhwa Pharmaceutical Co. Ltd. Class A | 167,000 | 392 | |
* | Keshun Waterproof Technologies Co. Ltd. Class A | 112,500 | 392 |
Zhejiang Xianju Pharmaceutical Co. Ltd. Class A | 169,500 | 389 | |
Fujian Star-net Communication Co. Ltd. Class A | 108,000 | 387 | |
Shanghai Sinyang Semiconductor Materials Co. Ltd. Class A | 53,800 | 385 | |
Hubei Dinglong Co. Ltd. Class A | 173,900 | 385 | |
Shanghai Chlor-Alkali Chemical Co. Ltd. Class B | 898,000 | 384 | |
* | Nanjing Xinjiekou Department Store Co. Ltd. Class A | 248,500 | 383 |
* | Wasu Media Holding Co. Ltd. Class A | 263,700 | 381 |
* | Hubei Feilihua Quartz Glass Co. Ltd. Class A | 62,500 | 381 |
Shenzhen Suntak Circuit Technology Co. Ltd. Class A | 150,700 | 378 | |
Shanghai Kinetic Medical Co. Ltd. Class A | 133,548 | 378 | |
* | Zhejiang Narada Power Source Co. Ltd. Class A | 156,300 | 375 |
INESA Intelligent Tech Inc. Class B | 769,006 | 373 | |
China Fangda Group Co. Ltd. Class B | 890,200 | 371 | |
Hangjin Technology Co. Ltd. Class A | 127,700 | 371 | |
Sailun Group Co. Ltd. Class A | 499,300 | 369 |
68
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Aotecar New Energy Technology Co. Ltd. Class A | 579,100 | 368 | |
* | Zhejiang Jinke Culture Industry Co. Ltd. Class A | 583,800 | 368 |
* | Fangda Special Steel Technology Co. Ltd. Class A | 399,492 | 365 |
Shanghai AtHub Co. Ltd. Class A | 34,800 | 362 | |
* | Orient Group Inc. Class A | 685,200 | 362 |
Beijing Strong Biotechnologies Inc. Class A | 108,000 | 361 | |
* | Beijing Orient Landscape & Environment Co. Ltd. Class A | 495,800 | 360 |
Chengtun Mining Group Co. Ltd. Class A | 426,300 | 360 | |
Qingling Motors Co. Ltd. Class H | 2,008,929 | 358 | |
Xiamen Xiangyu Co. Ltd. Class A | 399,900 | 358 | |
* | Inspur International Ltd. | 1,511,203 | 357 |
Shenzhen Sinovatio Technology Co. Ltd. Class A | 31,987 | 356 | |
Shenzhen Tagen Group Co. Ltd. Class A | 346,200 | 354 | |
* | Chinadive Watersports Inc. Class A | 40,000 | 354 |
Shanghai Ganglian E-Commerce Holdings Co. Ltd. Class A | 35,340 | 353 | |
Titan Wind Energy Suzhou Co. Ltd. Class A | 328,700 | 352 | |
* | Shenzhen Kedali Industry Co. Ltd. Class A | 34,700 | 351 |
* | First Tractor Co. Ltd. Class H | 912,954 | 350 |
*,§ | China Huiyuan Juice Group Ltd. | 1,333,000 | 347 |
Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. Ltd. Class H | 735,000 | 347 | |
Anhui Truchum Advanced Materials & Technology Co. Ltd. Class A | 246,400 | 346 | |
* | Anhui Genuine New Materials Co. Ltd. Class A | 62,800 | 345 |
* | Hubei Kaile Science & Technology Co. Ltd. Class A | 185,820 | 344 |
Shanghai Pret Composites Co. Ltd. Class A | 155,720 | 344 | |
COFCO Capital Holdings Co. Ltd. Class A (XSEC) | 239,800 | 344 | |
Huangshan Tourism Development Co. Ltd. Class B | 464,750 | 342 | |
* | Kunming Yunnei Power Co. Ltd. Class A | 364,400 | 342 |
Wuhan Jingce Electronic Group Co. Ltd. Class A | 45,592 | 339 | |
FAWER Automotive Parts Co. Ltd. Class A | 300,900 | 339 | |
Eastern Communications Co. Ltd. Class B | 764,450 | 336 | |
Long Yuan Construction Group Co. Ltd. Class A | 283,500 | 335 | |
Beibuwan Port Co. Ltd. Class A | 223,699 | 335 | |
Shanghai Yaoji Technology Co. Ltd. Class A | 73,800 | 331 | |
Hainan Strait Shipping Co. Ltd. Class A | 245,900 | 329 | |
Huafon Microfibre Shanghai Technology Co. Ltd. Class A | 313,743 | 327 | |
Konfoong Materials International Co. Ltd. Class A | 36,700 | 327 | |
Suzhou TFC Optical Communication Co. Ltd. Class A | 36,800 | 327 | |
* | Vats Liquor Chain Store Management JSC Ltd. Class A | 76,800 | 325 |
Tianjin Guangyu Development Co. Ltd. Class A | 343,900 | 324 | |
Grinm Advanced Materials Co. Ltd. Class A | 156,900 | 323 | |
Wasion Holdings Ltd. | 1,383,454 | 322 | |
China Minmetals Rare Earth Co. Ltd. Class A | 181,300 | 321 | |
Eastern Communications Co. Ltd. Class A | 173,200 | 321 | |
IKD Co. Ltd. Class A | 158,100 | 321 | |
Hubei Xingfa Chemicals Group Co. Ltd. Class A | 190,000 | 320 | |
* | Fujian Green Pine Co. Ltd. Class A | 95,400 | 319 |
* | Guangdong Create Century Intelligent Equipment Corp. Ltd. Class A | 264,700 | 318 |
* | Shenyang Xingqi Pharmaceutical Co. Ltd. Class A | 15,100 | 317 |
Liaoning Wellhope Agri-Tech JSC Ltd. Class A | 170,300 | 315 | |
* | Monalisa Group Co. Ltd. Class A | 70,100 | 314 |
Feitian Technologies Co. Ltd. Class A | 80,800 | 314 | |
Hebei Hengshui Laobaigan Liquor Co. Ltd. Class A | 163,900 | 312 | |
Jiangxi Wannianqing Cement Co. Ltd. Class A | 147,600 | 312 | |
Beijing GeoEnviron Engineering & Technology Inc. Class A | 145,800 | 310 | |
Sichuan Haite High-tech Co. Ltd. Class A | 139,700 | 310 | |
Gansu Qilianshan Cement Group Co. Ltd. Class A | 142,500 | 309 | |
* | China Tianying Inc. Class A | 469,700 | 308 |
Shenzhen FRD Science & Technology Co. Ltd. | 93,643 | 308 | |
Luoniushan Co. Ltd. Class A | 212,700 | 305 | |
Guangzhou Shangpin Home Collection Co. Ltd. Class A | 32,700 | 305 | |
Zhejiang Meida Industrial Co. Ltd. Class A | 107,000 | 304 | |
DBG Technology Co. Ltd. Class A | 143,060 | 304 | |
* | ZheJiang Dali Technology Co. Ltd. Class A | 84,100 | 303 |
Sichuan Yahua Industrial Group Co. Ltd. Class A | 156,900 | 303 |
69
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Jiangxi Lianchuang Optoelectronic Science & Technology Co. Ltd. Class A | 82,100 | 302 | |
Gansu Shangfeng Cement Co. Ltd. Class A | 91,600 | 301 | |
* | Wuhan DR Laser Technology Corp. Ltd. Class A | 17,400 | 301 |
Shanghai Belling Co. Ltd. Class A | 129,800 | 301 | |
Shenzhen World Union Group Inc. Class A | 375,300 | 301 | |
Chongqing Zaisheng Technology Corp. Ltd. Class A | 130,700 | 300 | |
Shandong Dawn Polymer Co. Ltd. Class A | 73,500 | 299 | |
* | Bluedon Information Security Technology Co. Ltd. Class A | 242,000 | 296 |
Shandong Yisheng Livestock & Poultry Breeding Co. Ltd. Class A | 181,610 | 294 | |
* | Guocheng Mining Co. Ltd. | 186,375 | 294 |
* | Merit Interactive Co. Ltd. Class A | 73,500 | 294 |
Tianjin Port Development Holdings Ltd. | 4,321,976 | 290 | |
* | Lier Chemical Co. Ltd. Class A | 97,100 | 289 |
Wuhan Fingu Electronic Technology Co. Ltd. Class A | 125,160 | 289 | |
Sonoscape Medical Corp. Class A | 74,800 | 289 | |
Beijing Watertek Information Technology Co. Ltd. Class A | 323,600 | 288 | |
Shenzhen Comix Group Co. Ltd. Class A | 134,500 | 287 | |
Huafu Fashion Co. Ltd. Class A | 279,200 | 286 | |
Chow Tai Seng Jewellery Co. Ltd. Class A | 77,500 | 285 | |
* | Shanghai Phichem Material Co. Ltd. Class A | 95,200 | 284 |
IReader Technology Co. Ltd. Class A | 74,000 | 284 | |
Shanghai Haixin Group Co. Class B | 869,100 | 284 | |
Ningbo Huaxiang Electronic Co. Ltd. Class A | 116,000 | 283 | |
*,§ | CT Environmental Group Ltd. | 6,439,760 | 282 |
* | Yijiahe Technology Co. Ltd. Class A | 22,600 | 281 |
Shenzhen Desay Battery Technology Co. Class A | 38,300 | 281 | |
Zhejiang Jiemei Electronic & Technology Co. Ltd. Class A | 72,733 | 281 | |
Shanxi Coking Co. Ltd. Class A | 369,840 | 279 | |
* | Beijing Ctrowell Technology Corp. Ltd. Class A | 131,800 | 278 |
Guangdong Zhongsheng Pharmaceutical Co. Ltd. Class A | 149,800 | 278 | |
Shanghai Kehua Bio-Engineering Co. Ltd. Class A | 92,900 | 277 | |
Wuhan Department Store Group Co. Ltd. Class A | 142,205 | 277 | |
* | ChemPartner PharmaTech Co. Ltd. Class A | 92,700 | 277 |
SGIS Songshan Co. Ltd. Class A | 439,300 | 276 | |
* | CSG Smart Science&Technology Co. Ltd. Class A | 130,700 | 276 |
Xinyu Iron & Steel Co. Ltd. Class A | 444,363 | 276 | |
* | Beijing Enterprises Clean Energy Group Ltd. | 53,440,000 | 276 |
* | Guangdong Topstar Technology Co. Ltd. Class A | 48,700 | 276 |
Jack Sewing Machine Co. Ltd. Class A | 64,200 | 272 | |
Beijing Cisri-Gaona Materials & Technology Co. Ltd. Class A | 85,900 | 272 | |
Sichuan Shuangma Cement Co. Ltd. Class A | 138,100 | 270 | |
* | Saurer Intelligent Technology Co. Ltd. Class A | 350,400 | 268 |
* | Shandong Airlines Co. Ltd. Class B | 362,104 | 268 |
* | Lushang Health Industry Development Co. Ltd. Class A | 171,800 | 267 |
Unilumin Group Co. Ltd. Class A | 182,800 | 267 | |
Xi'an Tian He Defense Technology Co. Ltd. Class A | 79,100 | 267 | |
Shanghai East China Computer Co. Ltd. Class A | 77,500 | 266 | |
Sino Wealth Electronic Ltd. Class A | 51,820 | 265 | |
Shenzhen Anche Technologies Co. Ltd. Class A | 41,400 | 265 | |
* | China Harzone Industry Corp. Ltd. Class A | 154,900 | 264 |
Jiangsu Guotai International Group Co. Ltd. Class A | 284,200 | 263 | |
Shengda Resources Co. Ltd. Class A | 126,700 | 263 | |
Beijing Tongtech Co. Ltd. Class A | 51,100 | 261 | |
Jiangxi Huangshanghuang Group Food Co. Ltd. Class A | 83,500 | 261 | |
Sino-Platinum Metals Co. Ltd. Class A | 81,100 | 260 | |
Beijing VRV Software Corp. Ltd. Class A | 267,300 | 259 | |
* | First Tractor Co. Ltd. Class A | 149,100 | 259 |
Chengdu Hongqi Chain Co. Ltd. Class A | 222,600 | 258 | |
* | Myhome Real Estate Development Group Co. Ltd. Class A | 467,900 | 258 |
Konka Group Co. Ltd. Class A | 295,400 | 258 | |
Electric Connector Technology Co. Ltd. Class A | 46,200 | 256 | |
CTS International Logistics Corp. Ltd. Class A | 242,880 | 255 | |
Beijing SuperMap Software Co. Ltd. Class A | 81,900 | 254 | |
Shenzhen Ysstech Info-tech Co. Ltd. Class A | 132,800 | 252 |
70
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Jiangsu Hoperun Software Co. Ltd. Class A | 146,900 | 251 |
Chongqing Zongshen Power Machinery Co. Ltd. Class A | 211,800 | 251 | |
Tianjin ZhongXin Pharmaceutical Group Corp. Ltd. Class A | 104,500 | 250 | |
* | Chongqing Iron & Steel Co. Ltd. Class A | 1,169,567 | 250 |
* | Guangdong Huatie Tongda High-speed Railway Equipment Corp. Class A | 291,200 | 249 |
Fujian Aonong Biological Technology Group Inc. Ltd. Class A | 122,720 | 249 | |
* | Markor International Home Furnishings Co. Ltd. Class A | 328,810 | 249 |
CQ Pharmaceutical Holding Co. Ltd. Class A | 310,300 | 249 | |
Shanghai Jinjiang International Industrial Investment Co. Ltd. Class B | 355,774 | 248 | |
YGSOFT Inc. Class A | 201,090 | 248 | |
263 Network Communications Co. Ltd. Class A | 245,100 | 247 | |
* | Shandong Jincheng Pharmaceutical Group Co. Ltd. Class A | 71,500 | 247 |
Hengdian Entertainment Co. Ltd. Class A | 103,700 | 246 | |
Nantong Jianghai Capacitor Co. Ltd. Class A | 155,900 | 246 | |
Biem.L.Fdlkk Garment Co. Ltd. Class A | 94,880 | 245 | |
* | Yantai Tayho Advanced Materials Co. Ltd. Class A | 113,200 | 244 |
* | Shang Gong Group Co. Ltd. Class B | 652,412 | 244 |
Hangxiao Steel Structure Co. Ltd. Class A | 390,200 | 243 | |
Dare Power Dekor Home Co. Ltd. Class A | 101,400 | 243 | |
Changzhou Tronly New Electronic Materials Co. Ltd. Class A | 94,100 | 241 | |
Hunan Aihua Group Co. Ltd. Class A | 63,843 | 241 | |
CNNC Hua Yuan Titanium Dioxide Co. Ltd. Class A | 289,000 | 241 | |
Jinneng Science&Technology Co. Ltd. Class A | 129,900 | 240 | |
Shanghai Maling Aquarius Co. Ltd. Class A | 173,700 | 240 | |
*,§ | National Agricultural Holdings Ltd. | 1,560,000 | 239 |
CSSC Science & Technology Co. Ltd. Class A | 136,700 | 238 | |
Zhejiang Jingxin Pharmaceutical Co. Ltd. Class A | 133,700 | 238 | |
Zhejiang JIULI Hi-tech Metals Co. Ltd. Class A | 156,000 | 238 | |
Sunward Intelligent Equipment Co. Ltd. Class A | 200,700 | 238 | |
Beijing Global Safety Technology Co. Ltd. Class A | 42,900 | 238 | |
Qingdao Eastsoft Communication Technology Co. Ltd. Class A | 84,700 | 238 | |
* | Zhongfu Information Inc. Class A | 39,200 | 237 |
* | Client Service International Inc. Class A | 54,500 | 237 |
5I5J Holding Group Co. Ltd. Class A | 434,300 | 236 | |
Foran Energy Group Co. Ltd. Class A | 100,000 | 235 | |
* | Inner Mongolia Yuan Xing Energy Co. Ltd. Class A | 756,400 | 235 |
GCI Science & Technology Co. Ltd. Class A | 104,700 | 234 | |
China CAMC Engineering Co. Ltd. Class A | 225,700 | 234 | |
Befar Group Co. Ltd. Class A | 295,000 | 234 | |
Shenzhen Laibao Hi-tech Co. Ltd. Class A | 128,700 | 233 | |
Elion Clean Energy Co. Ltd. Class A | 493,200 | 233 | |
* | Yunnan Lincang Xinyuan Germanium Industrial Co. Ltd. Class A | 117,400 | 232 |
Canny Elevator Co. Ltd. Class A | 145,500 | 231 | |
Guorui Properties Ltd. | 2,102,000 | 231 | |
Wuxi Boton Technology Co. Ltd. Class A | 71,700 | 231 | |
* | Zhejiang Jingu Co. Ltd. Class A | 185,200 | 230 |
Xinhuanet Co. Ltd. Class A | 84,900 | 229 | |
Guangxi Liuzhou Pharmaceutical Co. Ltd. Class A | 65,160 | 228 | |
* | Grand Baoxin Auto Group Ltd. | 1,828,359 | 227 |
Renhe Pharmacy Co. Ltd. Class A | 236,300 | 227 | |
* | Hand Enterprise Solutions Co. Ltd. Class A | 160,100 | 226 |
* | Jilin Electric Power Co. Ltd. Class A | 389,564 | 226 |
CGN Nuclear Technology Development Co. Ltd. Class A | 170,424 | 225 | |
*,§ | Mingfa Group International Co. Ltd. | 915,541 | 223 |
* | Zhonghang Electronic Measuring Instruments Co. Ltd. Class A | 90,500 | 221 |
Shenzhen SDG Information Co. Ltd. Class A | 149,300 | 221 | |
* | Wondershare Technology Group Co. Ltd. Class A | 23,500 | 221 |
Guomai Technologies Inc. Class A | 182,500 | 220 | |
Shenzhen Gongjin Electronics Co. Ltd. Class A | 126,600 | 220 | |
* | Xinjiang Xintai Natural Gas Co. Ltd. Class A | 56,500 | 220 |
Xinjiang Communications Construction Group Co. Ltd. Class A | 114,300 | 219 | |
Yantai Zhenghai Magnetic Material Co. Ltd. Class A | 147,400 | 218 | |
Fujian Longma Environmental Sanitation Equipment Co. Ltd. Class A | 70,880 | 218 | |
Aerospace Hi-Tech Holdings Grp Ltd. Class A | 147,897 | 217 |
71
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Xiamen Comfort Science & Technology Group Co. Ltd. Class A | 101,900 | 216 | |
* | Datong Coal Industry Co. Ltd. Class A | 305,200 | 214 |
Beijing Forever Technology Co. Ltd. Class A | 115,300 | 213 | |
Dongjiang Environmental Co. Ltd. Class A | 155,200 | 212 | |
Jiangsu Etern Co. Ltd. Class A | 224,900 | 212 | |
* | CITIC Press Corp. Class A | 30,300 | 211 |
Vatti Corp. Ltd. Class A | 157,100 | 210 | |
Sumavision Technologies Co. Ltd. Class A | 260,100 | 210 | |
* | Guangzhou Great Power Energy & Technology Co. Ltd. Class A | 72,400 | 210 |
* | Kama Co. Ltd. Class B | 548,129 | 210 |
Fuan Pharmaceutical Group Co. Ltd. Class A | 228,100 | 210 | |
* | Beijing Philisense Technology Co. Ltd. Class A | 256,300 | 209 |
Shenzhen Das Intellitech Co. Ltd. Class A | 350,600 | 209 | |
* | Xinjiang Machinery Research Institute Co. Ltd. Class A | 311,600 | 209 |
Bestsun Energy Co. Ltd. Class A | 271,860 | 208 | |
* | Kunshan Kersen Science & Technology Co. Ltd. Class A | 86,500 | 207 |
* | Shanghai Runda Medical Technology Co. Ltd. Class A | 98,600 | 207 |
Changchun Faway Automobile Components Co. Ltd. Class A | 117,260 | 207 | |
* | Beijing Wanji Technology Co. Ltd. Class A | 35,700 | 206 |
China Aluminum International Engineering Corp. Ltd. Class A | 392,600 | 205 | |
Shanxi Blue Flame Holding Co. Ltd. Class A | 172,700 | 202 | |
* | Jiangsu Gian Technology Co. Ltd. Class A | 22,200 | 201 |
Zhongyuan Environment-Protection Co. Ltd. Class A | 187,200 | 201 | |
*,§ | China Fiber Optic Network System Group Ltd. | 2,215,200 | 200 |
Beken Corp. Class A | 22,300 | 200 | |
Guizhou Gas Group Corp. Ltd. Class A | 120,600 | 200 | |
* | Wuhan P&S Information Technology Co. Ltd. Class A | 214,600 | 199 |
Mayinglong Pharmaceutical Group Co. Ltd. Class A | 62,500 | 199 | |
* | Zhuhai Orbita Aerospace Science & Technology Co. Ltd. Class A | 129,300 | 199 |
Hebei Chengde Lolo Co. Class A | 192,560 | 198 | |
KPC Pharmaceuticals Inc. Class A | 141,300 | 196 | |
* | Shanghai Greencourt Investment Group Co. Ltd. Class B | 739,927 | 196 |
Tianjin Teda Co. Ltd. Class A | 264,400 | 196 | |
* | Yonggao Co. Ltd. Class A | 179,800 | 196 |
* | Zhejiang Firstar Panel Technology Co. Ltd. Class A | 171,200 | 195 |
Suzhou Good-Ark Electronics Co. Ltd. Class A | 129,900 | 194 | |
Enjoyor Co. Ltd. Class A | 126,100 | 194 | |
* | Guangdong Dongfang Precision Science & Technology Co. Ltd. Class A | 277,500 | 194 |
* | Hwa Create Co. Ltd. Class A | 110,500 | 193 |
* | Shanghai Phoenix Enterprise Group Co. Ltd. Class B | 464,844 | 193 |
MYS Group Co. Ltd. Class A | 293,300 | 193 | |
JSTI Group Class A | 176,900 | 192 | |
Nanfang Zhongjin Environment Co. Ltd. Class A | 342,400 | 192 | |
Shinva Medical Instrument Co. Ltd. Class A | 77,600 | 191 | |
Anhui Korrun Co. Ltd. Class A | 41,500 | 190 | |
Guangdong Shaoneng Group Co. Ltd. Class A | 192,900 | 190 | |
Jiangsu Jiangyin Rural Commercial Bank Co. Ltd. Class A | 314,539 | 189 | |
Telling Telecommunication Holding Co. Ltd. Class A | 184,200 | 189 | |
* | Shenzhen Microgate Technology Co. Ltd. Class A | 134,500 | 189 |
Shenzhen Jieshun Science And Technology Industry Co. Ltd. Class A | 115,900 | 188 | |
Shenzhen Kstar Science And Technology Co. Ltd. Class A | 94,000 | 188 | |
Shenzhen Woer Heat-Shrinkable Material Co. Ltd. Class A | 239,600 | 188 | |
Jiangsu Changshu Rural Commercial Bank Co. Ltd. Class A | 185,500 | 188 | |
Julong Co. Ltd. Class A | 115,300 | 187 | |
* | Guangdong Goworld Co. Ltd. Class A | 102,900 | 186 |
* | Hainan Ruize New Building Material Co. Ltd. Class A | 209,400 | 184 |
Anhui Construction Engineering Group Co. Ltd. Class A | 313,200 | 184 | |
* | JC Finance & Tax Interconnect Holdings Ltd. Class A | 140,600 | 184 |
Dashang Co. Ltd. Class A | 54,200 | 183 | |
Shenzhen Heungkong Holding Co. Ltd. Class A | 599,900 | 183 | |
Shaan Xi Provincial Natural Gas Co. Ltd. Class A | 191,700 | 183 | |
Shanghai Zijiang Enterprise Group Co. Ltd. Class A | 290,900 | 182 | |
Zhejiang Xinan Chemical Industrial Group Co. Ltd. Class A | 134,200 | 182 | |
* | Tongding Interconnection Information Co. Ltd. Class A | 244,200 | 182 |
72
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Tibet Tianlu Co. Ltd. Class A | 164,500 | 181 | |
* | Nanjing Yunhai Special Metals Co. Ltd. Class A | 124,200 | 181 |
* | Zhejiang Garden Bio-Chemical High-tech Co. Ltd. Class A | 85,500 | 180 |
Tangrenshen Group Co. Ltd. Class A | 151,200 | 177 | |
Baosheng Science and Technology Innovation Co. Ltd. Class A | 266,605 | 177 | |
Sichuan Jiuyuan Yinhai Software Co. Ltd. Class A | 55,920 | 177 | |
Zhejiang Fuchunjiang Environmental Thermoelectric Co. Ltd. Class A | 169,300 | 175 | |
* | Advanced Technology & Materials Co. Ltd. Class A | 181,700 | 175 |
Maoye Commercial Co. Ltd. Class A | 311,024 | 174 | |
* | Wutong Holding Group Co. Ltd. Class A | 230,500 | 173 |
Shandong New Beiyang Information Technology Co. Ltd. Class A | 121,600 | 170 | |
* | Focused Photonics Hangzhou Inc. Class A | 84,000 | 170 |
Jiangsu Huaxicun Co. Ltd. Class A | 159,800 | 170 | |
Ningxia Jiaze New Energy Co. Ltd. Class A | 370,000 | 170 | |
Foshan Nationstar Optoelectronics Co. Ltd. Class A | 112,900 | 169 | |
Tungkong Inc. Class A | 104,800 | 169 | |
Anhui Sun-Create Electronics Co. Ltd. Class A | 28,800 | 167 | |
Zhejiang Communications Technology Co. Ltd. | 210,200 | 167 | |
* | Beijing UniStrong Science & Technology Co. Ltd. Class A | 136,000 | 165 |
Anhui Hengyuan Coal Industry and Electricity Power Co. Ltd. Class A | 224,700 | 164 | |
* | Innuovo Technology Co. Ltd. Class A | 200,600 | 164 |
Ningbo Yunsheng Co. Ltd. Class A | 177,000 | 164 | |
* | YongXing Special Materials Technology Co. Ltd. Class A | 59,300 | 163 |
Chongqing Pharscin Pharmaceutical Co. Ltd. | 67,900 | 162 | |
* | Beijing Centergate Technologies Holding Co. Ltd. Class A | 145,400 | 160 |
LingNan Eco&Culture-Tourism Co. Ltd. Class A | 270,400 | 160 | |
Huizhou Speed Wireless Technology Co. Ltd. Class A | 73,700 | 159 | |
Suzhou New District Hi-Tech Industrial Co. Ltd. Class A | 218,800 | 157 | |
* | Guangdong Shenglu Telecommunication Tech Co. Ltd. Class A | 142,900 | 157 |
Sino GeoPhysical Co. Ltd. Class A | 61,300 | 156 | |
* | Wuxi Huadong Heavy Machinery Co. Ltd. Class A | 194,500 | 153 |
Jiangnan Mould and Plastic Technology Co. Ltd. Class A | 175,800 | 152 | |
Zhejiang Hangmin Co. Ltd. Class A | 191,400 | 152 | |
Hangzhou Zhongheng Electric Co. Ltd. Class A | 98,508 | 152 | |
Sunflower Pharmaceutical Group Co. Ltd. Class A | 64,891 | 150 | |
* | Sunsea AIoT Technology Co. Ltd. Class A | 72,500 | 150 |
Zhejiang Yankon Group Co. Ltd. Class A | 255,400 | 150 | |
Shandong Xiantan Co. Ltd. Class A | 87,600 | 149 | |
Bright Real Estate Group Co. Ltd. Class A | 379,800 | 149 | |
Sichuan Tianyi Comheart Telecom Co. Ltd. Class A | 46,800 | 148 | |
Hisense Home Appliances Group Co. Ltd. Class A | 67,344 | 148 | |
Chengdu Fusen Noble-House Industrial Co. Ltd. Class A | 72,652 | 148 | |
Jiangsu Lihua Animal Husbandry Stock Co. Ltd. Class A | 27,800 | 148 | |
* | Goldenmax International Technology Ltd. Class A | 127,600 | 147 |
Inspur Software Co. Ltd. Class A | 60,100 | 146 | |
* | Guangdong Shirongzhaoye Co. Ltd. Class A | 150,000 | 146 |
* | Macrolink Culturaltainment Development Co. Ltd. Class A | 318,100 | 145 |
Guangzhou Zhiguang Electric Co. Ltd. Class A | 139,400 | 145 | |
CCS Supply Chain Management Co. Ltd. Class A | 165,200 | 145 | |
* | ZJBC Information Technology Co. Ltd. Class A | 181,580 | 144 |
* | Suzhou Chunxing Precision Mechanical Co. Ltd. Class A | 200,300 | 144 |
Henan Yuguang Gold & Lead Co. Ltd. Class A | 199,800 | 143 | |
Shanghai Shyndec Pharmaceutical Co. Ltd. Class A | 94,331 | 143 | |
Everbright Jiabao Co. Ltd. Class A | 264,600 | 142 | |
Luthai Textile Co. Ltd. Class B | 274,445 | 141 | |
Tongyu Communication Inc. Class A | 46,600 | 141 | |
China Zhonghua Geotechnical Engineering Group Co. Ltd. Class A | 281,500 | 141 | |
Shenzhen Center Power Tech Co. Ltd. Class A | 57,400 | 140 | |
Nanjing Panda Electronics Co. Ltd. Class A | 131,200 | 139 | |
Xiamen International Airport Co. Ltd. Class A | 52,800 | 138 | |
Chongqing Dima Industry Co. Ltd. Class A | 333,700 | 138 | |
Misho Ecology & Landscape Co. Ltd. Class A | 120,400 | 137 | |
* | Shenzhen Bauing Construction Holding Group Co. Ltd. Class A | 231,000 | 137 |
Jinyuan EP Co. Ltd. Class A | 114,452 | 137 |
73
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
China Publishing & Media Co. Ltd. Class A (XSHG) | 178,100 | 135 | |
China Bester Group Telecom Co. Ltd. Class A | 63,800 | 132 | |
Guizhou Broadcasting & TV Information Network Co. Ltd. Class A | 134,600 | 132 | |
Rastar Group Class A | 217,800 | 132 | |
Goldcard Smart Group Co. Ltd. | 57,790 | 132 | |
Dongjiang Environmental Co. Ltd. Class H | 185,800 | 132 | |
* | Eastcompeace Technology Co. Ltd. Class A | 85,000 | 131 |
Shenzhen Grandland Group Co. Ltd. Class A | 268,200 | 131 | |
Shandong Minhe Animal Husbandry Co. Ltd. Class A | 58,200 | 130 | |
Western Region Gold Co. Ltd. Class A | 62,664 | 129 | |
Ajisen China Holdings Ltd. | 1,002,408 | 127 | |
Shandong Xinhua Pharmaceutical Co. Ltd. Class A | 82,700 | 127 | |
Sunvim Group Co. Ltd. Class A | 175,800 | 126 | |
* | Shenzhen Infinova Ltd. Class A | 208,000 | 125 |
Shanghai Rongtai Health Technology Corp. Ltd. Class A | 25,600 | 123 | |
* | Strait Innovation Internet Co. Ltd. Class A | 118,300 | 121 |
* | Henan Senyuan Electric Co. Ltd. Class A | 162,900 | 121 |
* | Beijing Jingxi Culture & Tourism Co. Ltd. Class A | 126,500 | 120 |
* | Jilin Zixin Pharmaceutical Industrial Co. Ltd. Class A | 224,100 | 118 |
*,1 | Haichang Ocean Park Holdings Ltd. | 2,260,000 | 117 |
Hexing Electrical Co. Ltd. Class A | 51,080 | 110 | |
Shanghai Pudong Road & Bridge Construction Co. Ltd. Class A | 113,206 | 108 | |
COFCO Capital Holdings Co. Ltd. Class A (XSHE) | 74,500 | 107 | |
Fujian Cement Inc. Class A | 87,200 | 104 | |
* | Northeast Pharmaceutical Group Co. Ltd. Class A | 126,958 | 102 |
* | Goodbaby International Holdings Ltd. | 804,000 | 102 |
*,§ | Boshiwa International Holding Ltd. | 469,000 | 102 |
Shanghai Shenda Co. Ltd. Class A | 165,300 | 101 | |
Henan Shenhuo Coal & Power Co. Ltd. Class A | 127,343 | 97 | |
Norinco International Cooperation Ltd. Class A | 88,105 | 96 | |
Henan Rebecca Hair Products Co. Ltd. Class A | 220,700 | 95 | |
* | HY Energy Group Co. Ltd. Class A | 91,800 | 90 |
Shenzhen Danbond Technology Co. Ltd. Class A | 95,600 | 88 | |
Shanghai Tongji Science & Technology Industrial Co. Ltd. Class A | 69,240 | 88 | |
* | Central China Land Media Co. Ltd. Class A | 84,600 | 88 |
* | KuangChi Science Ltd. | 1,735,000 | 83 |
* | Chongqing Iron & Steel Co. Ltd. Class H | 903,500 | 82 |
* | Honghua Group Ltd. | 3,155,000 | 80 |
Xiamen International Port Co. Ltd. Class H | 835,000 | 69 | |
* | Phoenix Media Investment Holdings Ltd. | 1,651,783 | 66 |
*,§ | China Lumena New Materials Corp. | 98,750 | 64 |
Guangxi Guidong Electric Power Co. Ltd. Class A | 110,191 | 62 | |
*,^,§ | China Fishery Group Ltd. | 1,088,512 | 61 |
*,^ | Ruhnn Holding Ltd. ADR | 24,990 | 59 |
Guangxi Wuzhou Communications Co. Ltd. Class A (XSHG) | 92,560 | 49 | |
Dawnrays Pharmaceutical Holdings Ltd. | 376,000 | 43 | |
Tianjin Development Holdings Ltd. | 238,000 | 42 | |
361 Degrees International Ltd. | 339,000 | 42 | |
*,1 | China Metal Resources Utilization Ltd. | 1,508,000 | 39 |
Guangxi Wuzhou Communications Co. Ltd. Class A (XSSC) | 56,650 | 30 | |
Maoye International Holdings Ltd. | 727,459 | 30 | |
*,§ | Hua Han Health Industry Holdings Ltd. | 1,817,183 | 28 |
*,§ | Real Gold Mining Ltd. | 239,476 | 26 |
* | BAIC BluePark New Energy Technology Co. Ltd. Class A | 18,100 | 18 |
China Publishing & Media Co. Ltd. Class A (XSSC) | 19,005 | 14 | |
*,^,§ | Midas Holdings Ltd. | 2,619,447 | — |
*,§ | Anxin-China Holdings Ltd. | 2,621,200 | — |
*,§ | China High Precision Automation Group Ltd. | 401,000 | — |
*,§ | Shenglong PV-Tech Investment Co. Ltd. | 44,660 | — |
374,908 | |||
Colombia (0.0%) | |||
Banco Davivienda SA Preference Shares | 274,545 | 1,783 |
74
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | CEMEX Latam Holdings SA | 452,072 | 374 |
2,157 | |||
Czech Republic (0.0%) | |||
Philip Morris CR AS | 1,188 | 689 | |
Denmark (1.3%) | |||
Royal Unibrew A/S | 126,414 | 12,327 | |
SimCorp A/S | 103,054 | 12,292 | |
*,1 | Netcompany Group A/S | 84,848 | 7,057 |
Ringkjoebing Landbobank A/S | 75,996 | 5,790 | |
* | ALK-Abello A/S | 16,873 | 5,646 |
* | Jyske Bank A/S | 148,905 | 4,437 |
Topdanmark A/S | 110,737 | 4,336 | |
* | Bavarian Nordic A/S | 158,872 | 4,213 |
* | Zealand Pharma A/S | 102,508 | 3,439 |
* | FLSmidth & Co. A/S | 128,855 | 3,292 |
* | DFDS A/S | 77,675 | 2,906 |
Schouw & Co. A/S | 33,158 | 2,887 | |
* | Sydbank AS | 150,943 | 2,581 |
1 | Scandinavian Tobacco Group A/S | 162,167 | 2,291 |
* | NKT A/S | 82,057 | 2,231 |
* | Alm Brand A/S | 170,109 | 1,946 |
* | Spar Nord Bank A/S | 202,750 | 1,747 |
* | Nilfisk Holding A/S | 75,052 | 1,029 |
D/S Norden A/S | 70,347 | 1,000 | |
*,^ | Drilling Co. of 1972 A/S | 52,722 | 996 |
*,§ | OW Bunker A/S | 24,023 | — |
82,443 | |||
Egypt (0.1%) | |||
* | Egyptian Financial Group-Hermes Holding Co. | 1,875,491 | 1,481 |
Orascom Construction plc | 143,665 | 637 | |
Six of October Development & Investment | 681,176 | 517 | |
Heliopolis Housing | 991,366 | 399 | |
* | Pioneers Holding for Financial Investments SAE | 1,471,832 | 350 |
* | Palm Hills Developments SAE | 4,059,043 | 343 |
Medinet Nasr Housing | 1,355,932 | 317 | |
Oriental Weavers | 727,357 | 289 | |
* | Alexandria Mineral Oils Co. | 1,663,216 | 253 |
*,§ | Nile Cotton Ginning | 31,192 | 13 |
4,599 | |||
Finland (0.8%) | |||
Valmet Oyj | 347,025 | 8,282 | |
Konecranes Oyj Class A | 186,062 | 5,854 | |
TietoEVRY Oyj (XHEL) | 191,687 | 4,781 | |
Cargotec Oyj Class B | 126,152 | 4,336 | |
Metsa Board Oyj | 442,870 | 3,716 | |
Kemira Oyj | 227,421 | 2,810 | |
Sanoma Oyj | 186,553 | 2,746 | |
Uponor Oyj | 136,544 | 2,546 | |
Ahlstrom-Munksjo Oyj | 104,692 | 2,192 | |
^ | YIT Oyj | 404,268 | 2,133 |
*,^ | Outokumpu Oyj | 761,545 | 1,900 |
^ | Citycon Oyj | 188,975 | 1,455 |
TietoEVRY Oyj (XOSL) | 56,975 | 1,414 | |
Raisio Oyj | 320,200 | 1,137 | |
* | F-Secure Oyj | 268,890 | 1,099 |
Oriola Oyj | 354,301 | 747 | |
*,^ | Finnair Oyj | 1,628,949 | 695 |
47,843 | |||
France (2.0%) | |||
* | Soitec | 55,141 | 7,822 |
SES SA Class A | 975,951 | 7,795 | |
*,^ | Lagardere SCA | 298,609 | 6,530 |
* | Elis SA | 571,660 | 6,270 |
75
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Alten SA | 73,596 | 5,893 |
Gaztransport Et Technigaz SA | 57,145 | 5,478 | |
* | Spie SA | 317,151 | 4,991 |
Eutelsat Communications SA | 482,629 | 4,854 | |
*,^ | Korian SA | 167,275 | 4,713 |
* | Sopra Steria Group | 37,087 | 4,410 |
* | Nexans SA | 76,148 | 3,698 |
Societe BIC SA | 65,742 | 3,149 | |
Nexity SA | 109,597 | 3,077 | |
*,1 | Neoen SA | 55,151 | 2,954 |
Trigano SA | 20,660 | 2,743 | |
* | Virbac SA | 11,084 | 2,579 |
Ipsos | 99,192 | 2,438 | |
Robertet SA | 1,904 | 2,107 | |
* | Rothschild & Co. | 76,742 | 1,970 |
* | Fnac Darty SA | 42,553 | 1,828 |
* | Metropole Television SA | 166,002 | 1,823 |
* | Interparfums SA | 39,362 | 1,790 |
* | Coface SA | 227,428 | 1,777 |
*,^ | Air France-KLM | 531,023 | 1,741 |
ALBIOMA SA (Loyalty Line 1) | 36,463 | 1,700 | |
*,1 | Verallia SA | 58,588 | 1,631 |
* | Television Francaise 1 | 266,505 | 1,565 |
*,1 | Maisons du Monde SA | 110,551 | 1,479 |
Vicat SA | 38,075 | 1,171 | |
Ffp | 14,188 | 1,127 | |
* | Tarkett SA | 91,034 | 1,103 |
Quadient SA | 83,983 | 1,094 | |
Pharmagest Inter@ctive | 10,394 | 1,067 | |
* | Mersen SA | 39,875 | 1,035 |
* | Cgg SA | 1,834,181 | 1,034 |
1 | Elior Group SA | 260,032 | 981 |
Beneteau SA | 100,369 | 923 | |
Albioma SA Loyalty Shares 2021 | 19,425 | 906 | |
Vilmorin & Cie SA | 16,587 | 867 | |
Bonduelle SCA | 39,263 | 846 | |
Carmila SA | 107,486 | 831 | |
Derichebourg SA | 261,583 | 768 | |
* | Lisi | 45,557 | 737 |
Mercialys SA | 146,307 | 701 | |
* | Manitou BF SA | 34,594 | 685 |
*,^ | Eramet SA | 24,618 | 654 |
* | Akka Technologies | 34,502 | 631 |
*,1 | X-Fab Silicon Foundries SE | 149,353 | 556 |
Albioma SA (XPAR) | 11,842 | 552 | |
Guerbet | 14,773 | 499 | |
Akwel | 22,598 | 409 | |
Jacquet Metals SA | 34,240 | 396 | |
Boiron SA | 8,023 | 359 | |
*,^ | DBV Technologies SA | 123,056 | 356 |
* | GL Events | 37,319 | 304 |
*,^ | Vallourec SA | 21,262 | 296 |
*,1 | Smcp SA | 69,866 | 273 |
* | Rallye SA | 65,379 | 249 |
* | Etablissements Maurel et Prom SA | 152,790 | 213 |
Union Financiere de France BQE SA | 9,590 | 205 | |
*,^,1 | Europcar Mobility Group | 293,085 | 191 |
* | Bourbon Corp. | 28,437 | 122 |
*,^,§ | Bourbon Corp. (Ordinary Shares) | 12,121 | 52 |
120,998 | |||
Germany (3.3%) | |||
TAG Immobilien AG | 330,151 | 9,729 | |
*,^ | Evotec SE | 350,365 | 9,259 |
* | MorphoSys AG | 85,549 | 8,720 |
76
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Gerresheimer AG | 81,990 | 8,242 | |
* | Dialog Semiconductor plc | 179,270 | 6,835 |
Grand City Properties SA | 298,509 | 6,776 | |
Freenet AG | 334,189 | 5,921 | |
Aurubis AG | 91,917 | 5,880 | |
alstria office REIT-AG | 456,287 | 5,809 | |
CompuGroup Medical SE & Co. KgaA | 64,220 | 5,518 | |
* | Hypoport SE | 10,344 | 5,416 |
Siltronic AG | 54,393 | 5,148 | |
^ | Encavis AG | 242,359 | 4,750 |
*,^ | Stroeer SE & Co. KGaA | 64,304 | 4,648 |
Software AG | 127,591 | 4,578 | |
Jungheinrich AG Preference Shares | 123,974 | 4,507 | |
*,1 | ADLER Group SA | 166,152 | 4,177 |
Cancom Se | 95,784 | 3,787 | |
Duerr AG | 126,803 | 3,647 | |
1 | Befesa SA | 86,798 | 3,575 |
Stabilus SA | 63,024 | 3,573 | |
Hugo Boss AG | 153,175 | 3,512 | |
^ | K&S AG | 493,005 | 3,303 |
Jenoptik AG | 131,703 | 3,250 | |
Pfeiffer Vacuum Technology AG | 17,102 | 3,119 | |
* | Aixtron Se | 275,284 | 3,100 |
* | Sixt SE | 37,173 | 2,809 |
* | Rocket Internet SE | 128,348 | 2,776 |
STRATEC SE | 18,259 | 2,680 | |
* | Aareal Bank AG | 152,049 | 2,627 |
*,1 | Shop Apotheke Europe NV | 15,467 | 2,567 |
Patrizia AG | 112,677 | 2,565 | |
* | Nordex SE | 176,555 | 2,544 |
Norma Group SE | 81,830 | 2,540 | |
* | Zooplus AG | 15,710 | 2,519 |
* | S&T AG | 128,735 | 2,329 |
Hornbach Holding AG & Co. KGaA | 23,334 | 2,246 | |
Dermapharm Holding SE | 44,922 | 2,182 | |
Krones AG | 37,689 | 2,153 | |
* | Ceconomy AG | 454,435 | 2,010 |
KWS Saat SE & Co. KGaA | 26,797 | 1,973 | |
*,1 | Deutsche Pfandbriefbank AG | 306,818 | 1,875 |
New Work SE | 7,012 | 1,830 | |
Sixt SE Preference Shares | 38,373 | 1,817 | |
* | Deutsche EuroShop AG | 131,315 | 1,659 |
DIC Asset AG | 138,788 | 1,597 | |
Draegerwerk AG & Co. KGaA Preference Shares | 19,609 | 1,576 | |
* | Deutz AG | 305,099 | 1,567 |
* | Salzgitter AG | 106,584 | 1,551 |
Indus Holding AG | 44,561 | 1,318 | |
* | Wacker Neuson SE | 69,873 | 1,285 |
* | Washtec AG | 28,840 | 1,277 |
^ | Bilfinger SE | 68,893 | 1,263 |
BayWa AG | 37,932 | 1,172 | |
Schaeffler AG Preference Shares | 191,027 | 1,163 | |
Hamburger Hafen und Logistik AG | 66,117 | 1,108 | |
* | SMA Solar Technology AG | 24,147 | 1,046 |
Deutsche Beteiligungs AG | 31,144 | 1,014 | |
* | Kloeckner & Co. SE | 179,098 | 1,007 |
* | Takkt AG | 90,437 | 961 |
* | Vossloh AG | 24,220 | 885 |
Wuestenrot & Wuerttembergische AG | 52,572 | 874 | |
Hornbach Baumarkt AG | 20,838 | 823 | |
*,^ | ElringKlinger AG | 79,453 | 803 |
*,^ | Koenig & Bauer AG | 38,127 | 787 |
CropEnergies AG | 54,438 | 741 | |
TLG Immobilien AG | 36,673 | 656 |
77
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Bertrandt AG | 13,232 | 454 | |
*,^ | SGL Carbon SE | 139,731 | 445 |
*,^ | Corestate Capital Holding SA | 29,252 | 425 |
206,278 | |||
Greece (0.2%) | |||
* | Public Power Corp. SA | 279,480 | 1,570 |
Terna Energy SA | 110,606 | 1,472 | |
* | LAMDA Development SA | 192,559 | 1,138 |
* | GEK Terna Holding Real Estate Construction SA | 146,429 | 991 |
Athens Water Supply & Sewage Co. SA | 113,818 | 882 | |
Sarantis SA | 89,179 | 880 | |
Holding Co. ADMIE IPTO SA | 256,991 | 636 | |
* | Piraeus Bank SA | 809,111 | 622 |
Viohalco SA | 183,576 | 602 | |
* | Ellaktor SA | 372,351 | 585 |
* | Fourlis Holdings SA | 114,251 | 441 |
* | Aegean Airlines SA | 84,617 | 262 |
Hellenic Exchanges SA | 84,878 | 253 | |
10,334 | |||
Hong Kong (0.9%) | |||
HKBN Ltd. | 1,982,129 | 3,434 | |
Fortune REIT | 3,427,589 | 2,863 | |
*,^,1 | Razer Inc. | 9,326,000 | 2,800 |
IGG Inc. | 2,142,000 | 2,319 | |
Luk Fook Holdings International Ltd. | 836,399 | 2,045 | |
* | Hong Kong Television Network Ltd. | 1,344,000 | 2,001 |
* | Glory Sun Financial Group Ltd. | 39,596,000 | 1,891 |
Pacific Basin Shipping Ltd. | 10,774,532 | 1,574 | |
SUNeVision Holdings Ltd. | 1,660,000 | 1,457 | |
K Wah International Holdings Ltd. | 3,011,398 | 1,429 | |
*,1 | AsiaInfo Technologies Ltd. | 1,005,200 | 1,388 |
* | Leyou Technologies Holdings Ltd. | 3,195,000 | 1,350 |
^,1 | Xiabuxiabu Catering Management China Holdings Co. Ltd. | 772,500 | 1,322 |
Stella International Holdings Ltd. | 1,187,500 | 1,217 | |
United Laboratories International Holdings Ltd. | 1,406,500 | 1,209 | |
* | Pou Sheng International Holdings Ltd. | 5,189,000 | 1,189 |
VSTECS Holdings Ltd. | 1,766,000 | 1,107 | |
Asia Cement China Holdings Corp. | 1,204,000 | 1,105 | |
Sunlight REIT | 2,417,072 | 1,042 | |
CITIC Telecom International Holdings Ltd. | 3,189,004 | 1,013 | |
Value Partners Group Ltd. | 2,184,434 | 957 | |
Prosperity REIT | 3,202,000 | 909 | |
Road King Infrastructure Ltd. | 716,346 | 852 | |
* | Cosmopolitan International Holdings Ltd. | 4,688,000 | 837 |
Far East Consortium International Ltd. | 2,804,858 | 830 | |
Canvest Environmental Protection Group Co. Ltd. | 1,950,000 | 829 | |
*,^,§ | Town Health International Medical Group Ltd. | 8,913,419 | 790 |
Dynam Japan Holdings Co. Ltd. | 743,040 | 762 | |
*,^ | C-Mer Eye Care Holdings Ltd. | 1,118,000 | 756 |
Pacific Textiles Holdings Ltd. | 1,323,000 | 755 | |
*,1 | Frontage Holdings Corp. | 1,708,000 | 752 |
*,^,§ | Superb Summit International Group Ltd. | 3,957,346 | 745 |
*,1 | VPower Group International Holdings Ltd. | 2,045,000 | 734 |
Chow Sang Sang Holdings International Ltd. | 634,565 | 694 | |
Beijing Tong Ren Tang Chinese Medicine Co. Ltd. | 656,000 | 682 | |
Chinese Estates Holdings Ltd. | 1,317,000 | 664 | |
Television Broadcasts Ltd. | 798,700 | 642 | |
*,^ | Apollo Future Mobility Group Ltd. | 11,408,000 | 633 |
Texhong Textile Group Ltd. | 812,000 | 625 | |
*,^ | Suncity Group Holdings Ltd. | 5,958,000 | 585 |
Sun Hung Kai & Co. Ltd. | 1,497,000 | 582 | |
*,§ | Convoy Global Holdings Ltd. | 26,130,000 | 563 |
SmarTone Telecommunications Holdings Ltd. | 1,036,730 | 559 | |
* | Esprit Holdings Ltd. | 5,058,300 | 524 |
78
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Giordano International Ltd. | 3,213,735 | 511 | |
* | Oshidori International Holdings Ltd. | 5,451,600 | 493 |
* | Truly International Holdings Ltd. | 4,285,000 | 488 |
1 | IMAX China Holding Inc. | 299,358 | 487 |
1 | Crystal International Group Ltd. | 1,471,500 | 406 |
Lee's Pharmaceutical Holdings Ltd. | 704,500 | 396 | |
* | China LNG Group Ltd. | 4,565,999 | 367 |
* | Digital Domain Holdings Ltd. | 51,770,000 | 308 |
Texwinca Holdings Ltd. | 1,802,000 | 274 | |
* | CITIC Resources Holdings Ltd. | 6,558,000 | 259 |
* | GCL New Energy Holdings Ltd. | 16,899,541 | 249 |
*,^ | NewOcean Energy Holdings Ltd. | 2,412,000 | 215 |
* | New World Department Store China Ltd. | 1,332,666 | 201 |
* | Emperor Capital Group Ltd. | 11,147,860 | 179 |
Singamas Container Holdings Ltd. | 4,051,960 | 173 | |
*,§ | Camsing International Holding Ltd. | 1,068,000 | 160 |
* | Landing International Development Ltd. | 5,509,200 | 154 |
* | Lifestyle China Group Ltd. | 1,150,870 | 152 |
* | G-Resources Group Ltd. | 31,893,190 | 148 |
*,§ | Tech Pro Technology Development Ltd. | 10,406,800 | 91 |
Shenwan Hongyuan HK Ltd. | 705,000 | 78 | |
*,^,§ | Agritrade Resources Ltd. | 6,905,000 | 74 |
* | China Animal Healthcare Ltd. | 1,003,918 | 67 |
*,§ | China Baoli Technologies Holdings Ltd. | 4,844,496 | 62 |
Henderson Investment Ltd. | 1,425,000 | 56 | |
* | Emperor Watch & Jewellery Ltd. | 2,150,000 | 25 |
NOVA Group Holdings Ltd. Class A | 750,000 | 11 | |
57,100 | |||
Hungary (0.0%) | |||
*,^ | Opus Global Nyrt | 675,649 | 434 |
India (2.7%) | |||
Apollo Hospitals Enterprise Ltd. | 247,559 | 7,077 | |
* | Crompton Greaves Consumer Electricals Ltd. | 1,074,877 | 4,341 |
* | Atul Ltd. | 40,813 | 3,307 |
* | Max Financial Services Ltd. | 374,918 | 2,986 |
Escorts Ltd. | 172,396 | 2,791 | |
Natco Pharma Ltd. | 225,255 | 2,735 | |
1 | Dr Lal PathLabs Ltd. | 86,327 | 2,674 |
1 | Laurus Labs Ltd. | 617,445 | 2,659 |
Navin Fluorine International Ltd. | 86,538 | 2,615 | |
Manappuram Finance Ltd. | 1,155,823 | 2,422 | |
AIA Engineering Ltd. | 97,350 | 2,229 | |
* | Dixon Technologies India Ltd. | 17,348 | 2,178 |
Supreme Industries Ltd. | 110,069 | 2,146 | |
Pfizer Ltd. | 30,564 | 2,055 | |
Adani Gas Ltd. | 689,111 | 2,053 | |
Aarti Industries Ltd. | 150,170 | 2,026 | |
* | Fortis Healthcare Ltd. | 1,194,214 | 2,023 |
*,1 | Syngene International Ltd. | 277,377 | 2,000 |
* | Tata Elxsi Ltd. | 94,722 | 1,965 |
Sanofi India Ltd. | 17,885 | 1,930 | |
Mindtree Ltd. | 105,327 | 1,892 | |
Astral Poly Technik Ltd. | 122,207 | 1,852 | |
* | Deepak Nitrite Ltd. | 184,681 | 1,848 |
*,1 | Metropolis Healthcare Ltd. | 69,510 | 1,845 |
Sundaram Finance Ltd. | 93,778 | 1,832 | |
* | APL Apollo Tubes Ltd. | 42,826 | 1,817 |
Ramco Cements Ltd. | 166,304 | 1,788 | |
Jubilant Life Sciences Ltd. | 181,052 | 1,778 | |
Granules India Ltd. | 339,999 | 1,759 | |
Indian Hotels Co. Ltd. | 1,320,482 | 1,698 | |
Varun Beverages Ltd. | 184,762 | 1,632 | |
Persistent Systems Ltd. | 102,551 | 1,604 |
79
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
1 | L&T Technology Services Ltd. | 70,123 | 1,577 |
Can Fin Homes Ltd. | 254,094 | 1,567 | |
Amara Raja Batteries Ltd. | 151,308 | 1,563 | |
Relaxo Footwears Ltd. | 175,098 | 1,561 | |
Alembic Pharmaceuticals Ltd. | 116,759 | 1,519 | |
JK Cement Ltd. | 59,674 | 1,491 | |
City Union Bank Ltd. | 748,602 | 1,489 | |
Coforge Ltd. | 49,768 | 1,483 | |
Kajaria Ceramics Ltd. | 189,046 | 1,452 | |
* | Amber Enterprises India Ltd. | 48,684 | 1,432 |
KEC International Ltd. | 324,366 | 1,421 | |
Tube Investments of India Ltd. | 156,651 | 1,383 | |
Blue Star Ltd. | 162,932 | 1,378 | |
* | Procter & Gamble Health Ltd. | 19,283 | 1,337 |
Mahanagar Gas Ltd. | 120,922 | 1,329 | |
Ajanta Pharma Ltd. | 60,749 | 1,289 | |
1 | Endurance Technologies Ltd. | 90,165 | 1,286 |
Gujarat State Petronet Ltd. | 474,926 | 1,237 | |
* | Aditya Birla Fashion and Retail Ltd. | 596,376 | 1,236 |
CRISIL Ltd. | 43,980 | 1,225 | |
Strides Pharma Science Ltd. | 131,561 | 1,225 | |
Dhani Services Ltd. | 460,753 | 1,223 | |
JB Chemicals & Pharmaceuticals Ltd. | 89,739 | 1,221 | |
Suven Pharmaceuticals Ltd. | 281,660 | 1,193 | |
* | Phoenix Mills Ltd. | 152,903 | 1,191 |
Infibeam Avenues Ltd. | 1,027,699 | 1,161 | |
1 | ICICI Securities Ltd. | 184,856 | 1,155 |
CESC Ltd. | 151,326 | 1,150 | |
Apollo Tyres Ltd. | 607,023 | 1,145 | |
PVR Ltd. | 78,970 | 1,137 | |
* | Schaeffler India Ltd. | 22,308 | 1,133 |
* | Aavas Financiers Ltd. | 58,217 | 1,124 |
Vinati Organics Ltd. | 68,685 | 1,120 | |
Birlasoft Ltd. | 442,114 | 1,069 | |
Redington India Ltd. | 587,993 | 1,030 | |
Sundram Fasteners Ltd. | 177,903 | 1,024 | |
*,1 | Quess Corp. Ltd. | 184,854 | 1,022 |
Prestige Estates Projects Ltd. | 301,221 | 1,017 | |
* | Orient Electric Ltd. | 360,873 | 1,011 |
* | EID Parry India Ltd. | 269,946 | 1,004 |
* | AstraZeneca Pharma India Ltd. | 17,271 | 1,002 |
* | Just Dial Ltd. | 112,763 | 992 |
Aegis Logistics Ltd. | 353,611 | 987 | |
Radico Khaitan Ltd. | 165,954 | 978 | |
Sumitomo Chemical India Ltd. | 271,386 | 976 | |
* | Timken India Ltd. | 66,955 | 973 |
1 | Godrej Agrovet Ltd. | 133,711 | 930 |
Rallis India Ltd. | 266,121 | 889 | |
Polycab India Ltd. | 70,511 | 875 | |
KRBL Ltd. | 250,498 | 864 | |
* | TeamLease Services Ltd. | 28,269 | 849 |
* | Edelweiss Financial Services Ltd. | 1,113,241 | 838 |
Bombay Burmah Trading Co. | 51,197 | 835 | |
Cholamandalam Financial Holdings Ltd. | 159,687 | 834 | |
Welspun India Ltd. | 887,030 | 834 | |
Thermax Ltd. | 81,284 | 832 | |
Minda Industries Ltd. | 191,554 | 825 | |
Motilal Oswal Financial Services Ltd. | 103,732 | 788 | |
Ceat Ltd. | 52,901 | 780 | |
JM Financial Ltd. | 723,100 | 774 | |
Gujarat Pipavav Port Ltd. | 640,636 | 764 | |
TTK Prestige Ltd. | 9,739 | 750 | |
IDFC Ltd. | 1,823,688 | 749 | |
V-Guard Industries Ltd. | 322,074 | 737 |
80
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Balrampur Chini Mills Ltd. | 340,492 | 736 | |
Chambal Fertilizers and Chemicals Ltd. | 324,506 | 712 | |
Avanti Feeds Ltd. | 103,687 | 673 | |
Sterlite Technologies Ltd. | 331,002 | 657 | |
India Cements Ltd. | 411,140 | 656 | |
* | Suzlon Energy Ltd. | 12,963,547 | 639 |
* | V-Mart Retail Ltd. | 24,459 | 638 |
National Aluminium Co. Ltd. | 1,551,353 | 636 | |
*,1 | PNB Housing Finance Ltd. | 122,550 | 583 |
Vakrangee Ltd. | 1,499,125 | 572 | |
NCC Ltd. | 1,245,769 | 569 | |
IRB Infrastructure Developers Ltd. | 369,721 | 567 | |
Symphony Ltd. | 47,028 | 537 | |
* | EIH Ltd. | 521,812 | 528 |
Great Eastern Shipping Co. Ltd. | 174,070 | 527 | |
Welspun Corp. Ltd. | 353,698 | 514 | |
DCM Shriram Ltd. | 110,825 | 507 | |
* | Kaveri Seed Co. Ltd. | 73,448 | 502 |
* | Mahindra CIE Automotive Ltd. | 270,011 | 501 |
Sobha Ltd. | 126,746 | 498 | |
* | DCB Bank Ltd. | 474,719 | 491 |
Finolex Cables Ltd. | 128,650 | 480 | |
Engineers India Ltd. | 527,409 | 463 | |
Graphite India Ltd. | 189,989 | 451 | |
* | TV18 Broadcast Ltd. | 1,152,718 | 447 |
Multi Commodity Exchange of India Ltd. | 19,424 | 446 | |
* | Sun Pharma Advanced Research Co. Ltd. | 199,448 | 441 |
Rain Industries Ltd. | 304,797 | 436 | |
Bajaj Consumer Care Ltd. | 167,398 | 422 | |
eClerx Services Ltd. | 44,059 | 413 | |
1 | Dilip Buildcon Ltd. | 93,150 | 411 |
* | NBCC India Ltd. | 1,333,711 | 410 |
* | Karur Vysya Bank Ltd. | 936,302 | 410 |
HEG Ltd. | 42,118 | 384 | |
Century Textiles & Industries Ltd. | 91,793 | 378 | |
* | Wockhardt Ltd. | 86,870 | 341 |
PTC India Ltd. | 534,306 | 339 | |
Jindal Saw Ltd. | 330,453 | 269 | |
Gateway Distriparks Ltd. | 212,377 | 262 | |
* | Indian Bank | 326,939 | 255 |
Care Ratings Ltd. | 62,215 | 250 | |
* | Indiabulls Real Estate Ltd. | 386,609 | 248 |
* | Karnataka Bank Ltd. | 424,154 | 244 |
Equitas Holdings Ltd. | 351,957 | 222 | |
* | South Indian Bank Ltd. | 2,530,914 | 220 |
* | Raymond Ltd. | 57,757 | 212 |
WABCO India Ltd. | 3,113 | 205 | |
* | IFCI Ltd. | 2,289,812 | 179 |
* | Future Consumer Ltd. | 1,647,684 | 165 |
* | Hindustan Construction Co. Ltd. | 2,277,749 | 152 |
* | Central Bank of India | 954,569 | 142 |
GE Power India Ltd. | 48,512 | 134 | |
*,§ | Chennai Super Kings Cricket Ltd. | 176,674 | — |
168,896 | |||
Indonesia (0.4%) | |||
* | Mitra Keluarga Karyasehat Tbk PT | 15,615,600 | 2,794 |
Ciputra Development Tbk PT | 34,145,055 | 1,878 | |
Ace Hardware Indonesia Tbk PT | 16,698,400 | 1,781 | |
Aneka Tambang Tbk | 23,195,419 | 1,650 | |
* | Pakuwon Jati Tbk PT | 56,629,234 | 1,583 |
Bank BTPN Syariah Tbk PT | 5,796,000 | 1,447 | |
* | Lippo Karawaci Tbk PT | 142,761,177 | 1,295 |
Pabrik Kertas Tjiwi Kimia Tbk PT | 3,090,400 | 1,267 | |
Japfa Comfeed Indonesia Tbk PT | 16,796,600 | 1,211 |
81
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Summarecon Agung Tbk PT | 26,244,468 | 1,157 |
Bank Tabungan Negara Persero Tbk PT | 9,808,370 | 913 | |
* | Mitra Adiperkasa Tbk PT | 20,060,200 | 884 |
AKR Corporindo Tbk PT | 4,487,283 | 812 | |
* | Medco Energi Internasional Tbk PT | 26,288,888 | 675 |
Wijaya Karya Persero Tbk PT | 8,174,333 | 661 | |
Indo Tambangraya Megah Tbk PT | 1,109,400 | 608 | |
* | Panin Financial Tbk PT | 44,929,600 | 575 |
* | Bank Pan Indonesia Tbk PT | 10,699,100 | 564 |
Waskita Karya Persero Tbk PT | 11,153,679 | 555 | |
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT | 7,724,229 | 507 | |
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT | 6,806,700 | 497 | |
* | Matahari Department Store Tbk PT | 6,155,900 | 415 |
* | Timah Tbk PT | 7,193,920 | 399 |
PP Persero Tbk PT | 6,454,800 | 394 | |
Surya Semesta Internusa Tbk PT | 10,442,300 | 344 | |
* | Alam Sutera Realty Tbk PT | 32,738,291 | 342 |
* | Siloam International Hospitals Tbk PT | 965,739 | 328 |
*,§ | Trada Alam Minera Tbk PT | 95,405,707 | 326 |
Ramayana Lestari Sentosa Tbk PT | 8,059,500 | 312 | |
* | Global Mediacom Tbk PT | 19,915,706 | 305 |
* | Sentul City Tbk PT | 78,975,806 | 270 |
* | Krakatau Steel Persero Tbk PT | 10,652,750 | 258 |
* | Kresna Graha Investama Tbk PT | 37,144,500 | 220 |
* | Eagle High Plantations Tbk PT | 32,501,900 | 211 |
Adhi Karya Persero Tbk PT | 4,996,400 | 194 | |
* | Totalindo Eka Persada Tbk PT | 18,029,100 | 62 |
27,694 | |||
Ireland (0.2%) | |||
* | Bank of Ireland Group plc | 2,376,426 | 5,896 |
Hibernia REIT plc | 1,693,532 | 2,049 | |
* | C&C Group plc (XDUB) | 813,288 | 1,705 |
* | Cairn Homes plc (XLON) | 1,719,382 | 1,572 |
* | Irish Continental Group plc | 402,728 | 1,479 |
* | Dalata Hotel Group plc | 466,601 | 1,315 |
* | Cairn Homes plc (XDUB) | 7,760 | 7 |
14,023 | |||
Israel (0.7%) | |||
* | Nova Measuring Instruments Ltd. | 72,669 | 4,125 |
* | Enlight Renewable Energy Ltd. | 1,248,231 | 2,346 |
Maytronics Ltd. | 119,182 | 1,817 | |
Matrix IT Ltd. | 78,931 | 1,806 | |
AudioCodes Ltd. | 58,236 | 1,753 | |
Sapiens International Corp. NV | 61,813 | 1,710 | |
Reit 1 Ltd. | 440,521 | 1,670 | |
Danel Adir Yeoshua Ltd. | 12,447 | 1,558 | |
Hilan Ltd. | 34,497 | 1,530 | |
Formula Systems 1985 Ltd. | 18,901 | 1,492 | |
Isracard Ltd. | 517,968 | 1,461 | |
Rami Levy Chain Stores Hashikma Marketing 2006 Ltd. | 20,843 | 1,354 | |
Bayside Land Corp. | 183,000 | 1,274 | |
Mega Or Holdings Ltd. | 47,151 | 1,217 | |
* | Clal Insurance Enterprises Holdings Ltd. | 117,035 | 1,182 |
Kenon Holdings Ltd. | 47,854 | 1,162 | |
* | Israel Corp. Ltd. | 10,121 | 1,130 |
* | Partner Communications Co. Ltd. | 283,062 | 1,104 |
FIBI Holdings Ltd. | 40,604 | 1,024 | |
* | Big Shopping Centers Ltd. | 12,055 | 912 |
* | AFI Properties Ltd. | 36,665 | 879 |
* | Cellcom Israel Ltd. (Registered) | 221,923 | 853 |
* | Menora Mivtachim Holdings Ltd. | 62,269 | 839 |
* | Equital Ltd. | 44,984 | 834 |
Sella Capital Real Estate Ltd. | 526,548 | 830 | |
* | Fattal Holdings 1998 Ltd. | 13,732 | 827 |
82
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Oil Refineries Ltd. | 4,142,358 | 739 |
* | Allot Ltd. (XTAE) | 72,726 | 688 |
* | Migdal Insurance & Financial Holdings Ltd. | 875,299 | 687 |
Delek Automotive Systems Ltd. | 141,274 | 675 | |
* | Kamada Ltd. | 85,788 | 613 |
* | IDI Insurance Co. Ltd. | 20,372 | 498 |
* | Brack Capital Properties NV | 6,540 | 494 |
Delta Galil Industries Ltd. | 25,004 | 442 | |
* | Gilat Satellite Networks Ltd. | 73,199 | 430 |
* | Naphtha Israel Petroleum Corp. Ltd. | 93,536 | 365 |
* | Delek Group Ltd. | 18,152 | 332 |
* | Energix-Renewable Energies Ltd. | 10,155 | 43 |
* | Allot Ltd. (XNGS) | 1,781 | 16 |
42,711 | |||
Italy (1.9%) | |||
Interpump Group SPA | 207,575 | 7,840 | |
* | Banco BPM SPA | 3,771,216 | 6,832 |
Reply SPA | 58,498 | 6,285 | |
Azimut Holding SPA | 316,771 | 5,340 | |
* | De' Longhi SPA | 165,608 | 5,296 |
*,^ | BPER Banca | 4,085,792 | 4,855 |
* | Unipol Gruppo SPA | 1,245,716 | 4,544 |
* | IMA Industria Macchine Automatiche SPA | 54,606 | 4,296 |
* | Banca Generali SPA | 142,879 | 4,068 |
* | Freni Brembo SPA | 375,246 | 3,899 |
Iren SPA | 1,641,322 | 3,725 | |
* | Cerved Group SPA | 483,468 | 3,421 |
Erg SpA | 142,265 | 3,222 | |
* | Astm SpA | 157,673 | 2,935 |
^ | Saipem SPA | 1,541,213 | 2,715 |
* | Brunello Cucinelli SPA | 85,687 | 2,573 |
1 | Anima Holding SPA | 674,263 | 2,526 |
* | Salvatore Ferragamo SPA | 186,310 | 2,403 |
*,1 | Technogym SPA | 310,633 | 2,310 |
1 | Enav SPA | 648,563 | 2,250 |
Acea SpA | 108,713 | 2,158 | |
* | Banca Popolare di Sondrio SCPA | 1,199,541 | 2,108 |
* | Societa Cattolica di Assicurazioni SC | 401,047 | 1,983 |
1 | Carel Industries SPA | 103,542 | 1,925 |
*,1 | Banca Farmafactoring SPA | 404,874 | 1,868 |
Tamburi Investment Partners SPA | 260,002 | 1,621 | |
1 | RAI Way SPA | 262,851 | 1,601 |
Falck Renewables SPA | 286,209 | 1,552 | |
*,1 | doValue SPA | 161,794 | 1,498 |
*,^ | Mediaset SPA | 861,697 | 1,465 |
Italmobiliare SPA | 38,099 | 1,231 | |
* | Marr SpA | 90,913 | 1,231 |
Zignago Vetro SPA | 84,385 | 1,218 | |
* | Autogrill SPA | 312,277 | 1,171 |
Piaggio & C SPA | 406,334 | 1,109 | |
Danieli & C Officine Meccaniche SPA Saving Shares | 117,230 | 1,061 | |
* | CIR SpA-Compagnie Industriali | 2,424,340 | 1,057 |
*,^ | Juventus Football Club SPA | 1,227,261 | 1,044 |
*,^ | Banca Monte dei Paschi di Siena SPA | 733,007 | 885 |
Cementir Holding NV | 130,426 | 831 | |
* | Credito Emiliano SPA | 208,076 | 820 |
*,^ | Saras SPA | 1,530,021 | 784 |
*,^ | Fincantieri SPA | 1,336,216 | 750 |
^ | Webuild SPA | 616,721 | 661 |
* | Biesse SPA | 37,775 | 653 |
Datalogic SPA | 53,690 | 619 | |
*,^ | Maire Tecnimont SPA | 444,665 | 602 |
*,^ | Tod's SPA | 27,142 | 572 |
* | Banca IFIS SPA | 70,878 | 569 |
83
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Immobiliare Grande Distribuzione SIIQ SPA | 177,826 | 517 | |
* | Arnoldo Mondadori Editore SPA | 337,516 | 435 |
^ | Danieli & C Officine Meccaniche SPA | 28,820 | 413 |
DeA Capital SPA | 225,174 | 263 | |
* | Rizzoli Corriere Della Sera Mediagroup SPA | 311,758 | 165 |
* | Banca Monte dei Paschi di Siena SPA Rights Exp. 11/21/2020 | 733,007 | — |
* | Societa Cattolica di Assicurazioni SC Rights Exp. 11/26/2020 | 401,047 | — |
117,775 | |||
Japan (15.5%) | |||
Shimachu Co. Ltd. | 93,400 | 4,937 | |
Iwatani Corp. | 104,624 | 4,747 | |
Menicon Co. Ltd. | 65,400 | 4,618 | |
Nippon Gas Co. Ltd. | 93,900 | 4,479 | |
BayCurrent Consulting Inc. | 34,496 | 4,463 | |
Infomart Corp. | 538,300 | 4,452 | |
Fujitec Co. Ltd. | 200,084 | 4,360 | |
Fuji Corp. | 201,288 | 4,047 | |
Japan Steel Works Ltd. | 173,900 | 3,718 | |
cocokara fine Inc. | 55,589 | 3,652 | |
JAFCO Group Co. ltd | 78,000 | 3,528 | |
Katitas Co. Ltd. | 122,700 | 3,481 | |
Mirait Holdings Corp. | 228,871 | 3,258 | |
Toagosei Co. Ltd. | 304,892 | 3,228 | |
Tokyo Seimitsu Co. Ltd. | 95,534 | 3,223 | |
ADEKA Corp. | 247,455 | 3,200 | |
NSD Co. Ltd. | 179,868 | 3,159 | |
Systena Corp. | 173,500 | 3,148 | |
* | SHIFT Inc. | 24,800 | 3,147 |
Japan Elevator Service Holdings Co. Ltd. | 81,000 | 3,113 | |
Asahi Holdings Inc. | 94,500 | 3,082 | |
Jeol Ltd. | 96,600 | 3,079 | |
Kadokawa Corp. | 100,701 | 3,063 | |
Inaba Denki Sangyo Co. Ltd. | 127,200 | 3,062 | |
Internet Initiative Japan Inc. | 68,156 | 3,049 | |
Daiwabo Holdings Co. Ltd. | 46,576 | 3,049 | |
Meitec Corp. | 60,446 | 2,997 | |
Yoshinoya Holdings Co. Ltd. | 162,420 | 2,986 | |
Nichias Corp. | 137,569 | 2,980 | |
Daio Paper Corp. | 205,654 | 2,973 | |
Shinko Electric Industries Co. Ltd. | 167,400 | 2,920 | |
Hazama Ando Corp. | 469,979 | 2,920 | |
DCM Holdings Co. Ltd. | 233,488 | 2,893 | |
Takuma Co. Ltd. | 188,600 | 2,888 | |
TOKAI Holdings Corp. | 290,100 | 2,874 | |
Sakata Seed Corp. | 80,356 | 2,835 | |
*,^ | Change Inc. | 36,600 | 2,805 |
Nishi-Nippon Financial Holdings Inc. | 412,800 | 2,796 | |
Kenedix Inc. | 538,900 | 2,793 | |
Digital Garage Inc. | 77,200 | 2,745 | |
Toei Co. Ltd. | 18,564 | 2,739 | |
Fuji Soft Inc. | 49,974 | 2,673 | |
JINS Holdings Inc. | 36,500 | 2,645 | |
Mizuho Leasing Co. Ltd. | 103,501 | 2,638 | |
Duskin Co. Ltd. | 101,260 | 2,585 | |
Nippon Light Metal Holdings Co. Ltd. | 163,596 | 2,584 | |
Nitto Boseki Co. Ltd. | 69,811 | 2,564 | |
Topcon Corp. | 253,600 | 2,528 | |
* | Kawasaki Kisen Kaisha Ltd. | 206,200 | 2,520 |
Nippon Suisan Kaisha Ltd. | 652,022 | 2,512 | |
Trusco Nakayama Corp. | 96,700 | 2,494 | |
IR Japan Holdings Ltd. | 22,400 | 2,480 | |
CKD Corp. | 148,300 | 2,468 | |
TKC Corp. | 39,749 | 2,463 | |
Nishimatsu Construction Co. Ltd. | 125,942 | 2,446 |
84
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Taiyo Holdings Co. Ltd. | 46,700 | 2,445 | |
Nikkon Holdings Co. Ltd. | 127,648 | 2,443 | |
Kanematsu Corp. | 205,900 | 2,441 | |
Toho Holdings Co. Ltd. | 131,418 | 2,430 | |
Tadano Ltd. | 317,100 | 2,427 | |
Milbon Co. Ltd. | 47,120 | 2,418 | |
Outsourcing Inc. | 259,700 | 2,408 | |
Awa Bank Ltd. | 100,000 | 2,406 | |
^ | Fuji Kyuko Co. Ltd. | 55,900 | 2,398 |
Wacom Co. Ltd. | 364,336 | 2,395 | |
Heiwa Real Estate Co. Ltd. | 81,642 | 2,384 | |
Maruwa Unyu Kikan Co. Ltd. | 55,302 | 2,376 | |
Senko Group Holdings Co. Ltd. | 265,700 | 2,376 | |
Daiseki Co. Ltd. | 92,287 | 2,349 | |
^ | Joyful Honda Co. Ltd. | 150,848 | 2,347 |
Kumiai Chemical Industry Co. Ltd. | 242,350 | 2,330 | |
Valor Holdings Co. Ltd. | 93,900 | 2,313 | |
Nihon Parkerizing Co. Ltd. | 234,661 | 2,313 | |
Maruwa Co. Ltd. | 22,200 | 2,309 | |
Prima Meat Packers Ltd. | 80,088 | 2,285 | |
Daishi Hokuetsu Financial Group Inc. | 118,700 | 2,280 | |
Anicom Holdings Inc. | 215,600 | 2,277 | |
Kiyo Bank Ltd. | 152,210 | 2,274 | |
Mitsui Fudosan Logistics Park Inc. | 476 | 2,274 | |
* | UT Group Co. Ltd. | 70,600 | 2,200 |
* | NTN Corp. | 1,180,000 | 2,189 |
* | Aiful Corp. | 726,500 | 2,156 |
Nojima Corp. | 76,600 | 2,150 | |
^ | Ichibanya Co. Ltd. | 41,568 | 2,109 |
Daihen Corp. | 54,351 | 2,102 | |
Japan Lifeline Co. Ltd. | 162,600 | 2,098 | |
Tri Chemical Laboratories Inc. | 17,444 | 2,095 | |
Kohnan Shoji Co. Ltd. | 61,300 | 2,093 | |
Autobacs Seven Co. Ltd. | 163,200 | 2,089 | |
Maruha Nichiro Corp. | 99,700 | 2,088 | |
^ | Colowide Co. Ltd. | 139,100 | 2,083 |
Earth Corp. | 32,543 | 2,067 | |
Ogaki Kyoritsu Bank Ltd. | 92,174 | 2,056 | |
EDION Corp. | 207,975 | 2,049 | |
Okumura Corp. | 87,952 | 2,037 | |
Infocom Corp. | 56,240 | 2,037 | |
Nishimatsuya Chain Co. Ltd. | 125,200 | 2,036 | |
Komeri Co. Ltd. | 68,700 | 2,023 | |
Information Services International-Dentsu Ltd. | 32,000 | 2,010 | |
Prestige International Inc. | 235,500 | 2,004 | |
Kumagai Gumi Co. Ltd. | 86,280 | 1,994 | |
Macnica Fuji Electronics Holdings Inc. | 110,813 | 1,982 | |
Sangetsu Corp. | 137,320 | 1,979 | |
Sanken Electric Co. Ltd. | 61,529 | 1,970 | |
Nippon Flour Mills Co. Ltd. | 122,729 | 1,969 | |
Citizen Watch Co. Ltd. | 740,500 | 1,962 | |
Takasago Thermal Engineering Co. Ltd. | 147,889 | 1,961 | |
Central Glass Co. Ltd. | 90,913 | 1,951 | |
* | Fujikura Ltd. | 734,800 | 1,948 |
* | RENOVA Inc. | 122,000 | 1,946 |
Nichiha Corp. | 66,500 | 1,938 | |
KH Neochem Co. Ltd. | 82,700 | 1,935 | |
Fujimi Inc. | 53,747 | 1,914 | |
DTS Corp. | 98,342 | 1,913 | |
Hokkaido Electric Power Co. Inc. | 486,900 | 1,887 | |
Strike Co. Ltd. | 35,114 | 1,886 | |
Tokyotokeiba Co. Ltd. | 37,700 | 1,877 | |
Arcs Co. Ltd. | 84,500 | 1,871 | |
Eizo Corp. | 49,556 | 1,870 |
85
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Taikisha Ltd. | 71,488 | 1,862 | |
Paramount Bed Holdings Co. Ltd. | 48,300 | 1,861 | |
San-In Godo Bank Ltd. | 368,400 | 1,854 | |
Iriso Electronics Co. Ltd. | 48,600 | 1,850 | |
Kintetsu World Express Inc. | 87,000 | 1,849 | |
Japan Material Co. Ltd. | 142,400 | 1,840 | |
JCU Corp. | 58,500 | 1,837 | |
Showa Sangyo Co. Ltd. | 59,400 | 1,834 | |
Zojirushi Corp. | 102,400 | 1,829 | |
Takeuchi Manufacturing Co. Ltd. | 83,200 | 1,813 | |
Oki Electric Industry Co. Ltd. | 194,406 | 1,805 | |
Kureha Corp. | 42,502 | 1,804 | |
Tsugami Corp. | 128,700 | 1,795 | |
Fuso Chemical Co. Ltd. | 52,500 | 1,793 | |
Tomy Co. Ltd. | 204,717 | 1,791 | |
Transcosmos Inc. | 65,596 | 1,789 | |
Totetsu Kogyo Co. Ltd. | 68,400 | 1,777 | |
Shoei Co. Ltd. | 58,200 | 1,772 | |
Makino Milling Machine Co. Ltd. | 51,280 | 1,765 | |
San-A Co. Ltd. | 42,344 | 1,764 | |
Tsubakimoto Chain Co. | 79,164 | 1,758 | |
Life Corp. | 49,800 | 1,751 | |
Keihanshin Building Co. Ltd. | 96,400 | 1,748 | |
Hyakugo Bank Ltd. | 569,500 | 1,744 | |
Cybozu Inc. | 60,300 | 1,740 | |
Morita Holdings Corp. | 95,166 | 1,740 | |
Fujimori Kogyo Co. Ltd. | 42,000 | 1,721 | |
Tokyo Dome Corp. | 212,978 | 1,704 | |
Create SD Holdings Co. Ltd. | 52,818 | 1,703 | |
Nachi-Fujikoshi Corp. | 42,751 | 1,695 | |
Kato Sangyo Co. Ltd. | 51,000 | 1,695 | |
Japan Wool Textile Co. Ltd. | 174,389 | 1,694 | |
Hanwa Co. Ltd. | 87,183 | 1,690 | |
Starts Corp. Inc. | 72,615 | 1,689 | |
en-japan Inc. | 76,700 | 1,686 | |
Seiren Co. Ltd. | 105,900 | 1,678 | |
KYORIN Holdings Inc. | 92,700 | 1,676 | |
Toyo Ink SC Holdings Co. Ltd. | 90,154 | 1,675 | |
Digital Arts Inc. | 23,700 | 1,675 | |
Meidensha Corp. | 109,287 | 1,671 | |
Nippon Densetsu Kogyo Co. Ltd. | 85,503 | 1,657 | |
Eiken Chemical Co. Ltd. | 85,700 | 1,640 | |
Nisshin Oillio Group Ltd. | 56,752 | 1,631 | |
Hokkoku Bank Ltd. | 57,251 | 1,629 | |
*,^ | Raksul Inc. | 33,400 | 1,625 |
Axial Retailing Inc. | 38,230 | 1,624 | |
eGuarantee Inc. | 72,800 | 1,621 | |
Atom Corp. | 201,757 | 1,618 | |
MCJ Co. Ltd. | 175,500 | 1,617 | |
^ | Kura Sushi Inc. | 26,800 | 1,616 |
Nippon Soda Co. Ltd. | 61,125 | 1,604 | |
North Pacific Bank Ltd. | 754,200 | 1,596 | |
Funai Soken Holdings Inc. | 73,650 | 1,593 | |
ZERIA Pharmaceutical Co. Ltd. | 88,940 | 1,579 | |
Sanki Engineering Co. Ltd. | 144,667 | 1,568 | |
Hitachi Zosen Corp. | 389,010 | 1,567 | |
Okinawa Electric Power Co. Inc. | 107,208 | 1,564 | |
* | M&A Capital Partners Co. Ltd. | 34,500 | 1,561 |
BML Inc. | 55,500 | 1,560 | |
Raito Kogyo Co. Ltd. | 109,800 | 1,557 | |
Tokai Tokyo Financial Holdings Inc. | 602,800 | 1,552 | |
H2O Retailing Corp. | 236,200 | 1,552 | |
Ryoyo Electro Corp. | 56,242 | 1,551 | |
^ | Shibuya Corp. | 50,000 | 1,549 |
86
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Comture Corp. | 60,700 | 1,544 | |
Nagaileben Co. Ltd. | 61,400 | 1,536 | |
Hogy Medical Co. Ltd. | 52,322 | 1,535 | |
Belc Co. Ltd. | 25,000 | 1,535 | |
San-Ai Oil Co. Ltd. | 152,200 | 1,535 | |
MOS Food Services Inc. | 56,258 | 1,535 | |
Token Corp. | 20,286 | 1,527 | |
Sekisui Jushi Corp. | 75,200 | 1,519 | |
Solasto Corp. | 124,300 | 1,517 | |
* | GMO GlobalSign Holdings KK | 14,378 | 1,516 |
* | Optim Corp. | 54,038 | 1,515 |
Yamazen Corp. | 154,600 | 1,515 | |
Kameda Seika Co. Ltd. | 33,400 | 1,512 | |
Juroku Bank Ltd. | 82,400 | 1,511 | |
Arata Corp. | 31,059 | 1,509 | |
Dexerials Corp. | 131,700 | 1,507 | |
Yokogawa Bridge Holdings Corp. | 84,500 | 1,496 | |
Restar Holdings Corp. | 69,800 | 1,495 | |
Max Co. Ltd. | 106,800 | 1,493 | |
Toridoll Holdings Corp. | 117,500 | 1,489 | |
United Super Markets Holdings Inc. | 137,650 | 1,481 | |
FCC Co. Ltd. | 77,143 | 1,480 | |
* | Descente Ltd. | 94,800 | 1,470 |
Takara Standard Co. Ltd. | 111,899 | 1,468 | |
^ | Aruhi Corp. | 81,526 | 1,464 |
Teikoku Sen-I Co. Ltd. | 57,784 | 1,453 | |
Hirata Corp. | 23,311 | 1,451 | |
Keiyo Bank Ltd. | 320,700 | 1,444 | |
Daibiru Corp. | 127,343 | 1,442 | |
Tocalo Co. Ltd. | 144,600 | 1,441 | |
Raiznext Corp. | 124,300 | 1,441 | |
Suruga Bank Ltd. | 437,800 | 1,430 | |
Heiwado Co. Ltd. | 69,800 | 1,417 | |
* | Grace Technology Inc. | 26,003 | 1,417 |
Ohsho Food Service Corp. | 25,674 | 1,412 | |
Okamura Corp. | 184,247 | 1,407 | |
Sumitomo Warehouse Co. Ltd. | 119,655 | 1,400 | |
Ai Holdings Corp. | 79,300 | 1,394 | |
Giken Ltd. | 39,300 | 1,392 | |
METAWATER Co. Ltd. | 59,200 | 1,388 | |
Hosiden Corp. | 156,167 | 1,384 | |
* | euglena Co. Ltd. | 164,900 | 1,383 |
Arcland Sakamoto Co. Ltd. | 71,400 | 1,376 | |
Kisoji Co. Ltd. | 58,260 | 1,373 | |
Gunze Ltd. | 37,207 | 1,369 | |
Nippon Signal Company Ltd. | 157,216 | 1,369 | |
Bell System24 Holdings Inc. | 90,500 | 1,366 | |
Shizuoka Gas Co. Ltd. | 155,200 | 1,365 | |
Noritz Corp. | 93,087 | 1,357 | |
^ | Nikkiso Co. Ltd. | 141,461 | 1,356 |
ValueCommerce Co. Ltd. | 42,800 | 1,356 | |
Japan Petroleum Exploration Co. Ltd. | 85,200 | 1,347 | |
Nichicon Corp. | 166,383 | 1,347 | |
Nitto Kogyo Corp. | 72,788 | 1,345 | |
Bank of Okinawa Ltd. | 47,644 | 1,337 | |
TechMatrix Corp. | 62,600 | 1,334 | |
Kanamoto Co. Ltd. | 64,600 | 1,333 | |
Sumitomo Mitsui Construction Co. Ltd. | 344,246 | 1,329 | |
Monogatari Corp. | 12,970 | 1,325 | |
Chugoku Marine Paints Ltd. | 138,500 | 1,322 | |
Kanematsu Electronics Ltd. | 32,700 | 1,322 | |
Gree Inc. | 252,100 | 1,315 | |
Megachips Corp. | 49,381 | 1,314 | |
Japan Hotel REIT Investment Corp. | 2,711 | 1,313 |
87
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
S Foods Inc. | 39,400 | 1,312 | |
Mitsubishi Pencil Co. Ltd. | 101,600 | 1,308 | |
Ringer Hut Co. Ltd. | 60,500 | 1,307 | |
Okamoto Industries Inc. | 31,600 | 1,301 | |
Tokyo Steel Manufacturing Co. Ltd. | 204,200 | 1,299 | |
Yellow Hat Ltd. | 79,100 | 1,298 | |
Mitsubishi Logisnext Co. Ltd. | 153,800 | 1,298 | |
Mitsui High-Tec Inc. | 63,500 | 1,294 | |
SAMTY Co. Ltd. | 81,100 | 1,285 | |
Nohmi Bosai Ltd. | 59,300 | 1,284 | |
Osaka Soda Co. Ltd. | 53,800 | 1,282 | |
KOMEDA Holdings Co. Ltd. | 72,500 | 1,281 | |
Nanto Bank Ltd. | 72,200 | 1,281 | |
Nissha Co. Ltd. | 108,760 | 1,281 | |
Maeda Kosen Co. Ltd. | 48,100 | 1,277 | |
Relia Inc. | 112,200 | 1,277 | |
Saibu Gas Co. Ltd. | 52,973 | 1,274 | |
Yuasa Trading Co. Ltd. | 44,600 | 1,271 | |
Joshin Denki Co. Ltd. | 51,126 | 1,268 | |
Daiwa Securities Living Investments Corp. | 1,291 | 1,261 | |
Shibaura Machine Co. Ltd. | 62,700 | 1,251 | |
Argo Graphics Inc. | 40,600 | 1,249 | |
Shoei Foods Corp. | 34,400 | 1,249 | |
Nissin Electric Co. Ltd. | 124,000 | 1,241 | |
DyDo Group Holdings Inc. | 23,944 | 1,239 | |
Mandom Corp. | 83,154 | 1,239 | |
Nippon Seiki Co. Ltd. | 109,332 | 1,232 | |
Pressance Corp. | 90,148 | 1,230 | |
Nippon Ceramic Co. Ltd. | 50,600 | 1,229 | |
Wakita & Co. Ltd. | 118,600 | 1,228 | |
Riken Keiki Co. Ltd. | 47,200 | 1,220 | |
Daito Pharmaceutical Co. Ltd. | 31,900 | 1,219 | |
Mitsuuroko Group Holdings Co. Ltd. | 101,600 | 1,216 | |
Jaccs Co. Ltd. | 69,400 | 1,212 | |
Yodogawa Steel Works Ltd. | 64,533 | 1,211 | |
AEON REIT Investment Corp. | 1,071 | 1,211 | |
Trancom Co. Ltd. | 16,800 | 1,207 | |
Sanyo Chemical Industries Ltd. | 28,454 | 1,206 | |
Maruzen Showa Unyu Co. Ltd. | 41,000 | 1,202 | |
Comforia Residential REIT Inc. | 420 | 1,201 | |
Sakata INX Corp. | 114,800 | 1,196 | |
Okasan Securities Group Inc. | 364,000 | 1,189 | |
*,^ | HIS Co. Ltd. | 88,200 | 1,189 |
^ | Saizeriya Co. Ltd. | 68,421 | 1,188 |
Bunka Shutter Co. Ltd. | 151,000 | 1,186 | |
Chudenko Corp. | 58,300 | 1,185 | |
Hamakyorex Co. Ltd. | 41,700 | 1,183 | |
Aomori Bank Ltd. | 53,461 | 1,181 | |
Itochu Enex Co. Ltd. | 125,400 | 1,180 | |
Star Micronics Co. Ltd. | 87,798 | 1,179 | |
Rorze Corp. | 26,400 | 1,176 | |
*,^ | Create Restaurants Holdings Inc. | 223,740 | 1,171 |
Nomura Co. Ltd. | 180,200 | 1,164 | |
Shima Seiki Manufacturing Ltd. | 78,300 | 1,163 | |
Taiko Pharmaceutical Co. Ltd. | 64,737 | 1,163 | |
Aida Engineering Ltd. | 152,006 | 1,163 | |
YAMABIKO Corp. | 92,100 | 1,155 | |
Musashi Seimitsu Industry Co. Ltd. | 110,230 | 1,152 | |
Uchida Yoko Co. Ltd. | 23,300 | 1,150 | |
Hokuto Corp. | 54,424 | 1,145 | |
Broadleaf Co. Ltd. | 218,700 | 1,144 | |
* | Osaka Organic Chemical Industry Ltd. | 43,400 | 1,144 |
Fukushima Galilei Co. Ltd. | 30,500 | 1,141 | |
Inageya Co. Ltd. | 65,300 | 1,139 |
88
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
T Hasegawa Co. Ltd. | 58,400 | 1,138 | |
Yokowo Co. Ltd. | 44,837 | 1,134 | |
Nextage Co. Ltd. | 94,000 | 1,128 | |
Tsukishima Kikai Co. Ltd. | 94,600 | 1,127 | |
Yamashin-Filter Corp. | 98,513 | 1,127 | |
Nippon Road Co. Ltd. | 15,500 | 1,126 | |
Doshisha Co. Ltd. | 61,100 | 1,124 | |
Fujicco Co. Ltd. | 58,605 | 1,123 | |
Adastria Co. Ltd. | 64,500 | 1,120 | |
Fukui Bank Ltd. | 62,555 | 1,119 | |
Round One Corp. | 142,200 | 1,117 | |
Media Do Co. Ltd. | 15,721 | 1,112 | |
* | KYB Corp. | 53,700 | 1,110 |
Nichi-iko Pharmaceutical Co. Ltd. | 111,902 | 1,108 | |
Japan Securities Finance Co. Ltd. | 235,141 | 1,108 | |
Inabata & Co. Ltd. | 95,400 | 1,107 | |
Siix Corp. | 93,100 | 1,103 | |
Chofu Seisakusho Co. Ltd. | 53,600 | 1,092 | |
ARTERIA Networks Corp. | 69,200 | 1,089 | |
Sakai Moving Service Co. Ltd. | 24,100 | 1,088 | |
Aeon Delight Co. Ltd. | 41,300 | 1,087 | |
S-Pool Inc. | 160,360 | 1,085 | |
Invincible Investment Corp. | 3,367 | 1,076 | |
Belluna Co. Ltd. | 131,100 | 1,073 | |
SBS Holdings Inc. | 47,000 | 1,071 | |
Oiles Corp. | 76,308 | 1,066 | |
Plenus Co. Ltd. | 64,900 | 1,060 | |
Fujibo Holdings Inc. | 30,500 | 1,060 | |
UACJ Corp. | 66,785 | 1,058 | |
Obara Group Inc. | 30,340 | 1,053 | |
Kenedix Residential Next Investment Corp. | 644 | 1,052 | |
Sanyo Denki Co. Ltd. | 23,800 | 1,049 | |
Frontier Real Estate Investment Corp. | 313 | 1,048 | |
Mitsui-Soko Holdings Co. Ltd. | 59,352 | 1,048 | |
Geo Holdings Corp. | 70,400 | 1,047 | |
Toppan Forms Co. Ltd. | 109,000 | 1,046 | |
Hulic Reit Inc. | 795 | 1,045 | |
Noritsu Koki Co. Ltd. | 56,200 | 1,040 | |
T-Gaia Corp. | 56,500 | 1,039 | |
Dip Corp. | 54,000 | 1,038 | |
Pacific Industrial Co. Ltd. | 103,300 | 1,037 | |
Miroku Jyoho Service Co. Ltd. | 51,200 | 1,037 | |
^ | Towa Pharmaceutical Co. Ltd. | 55,982 | 1,037 |
Musashino Bank Ltd. | 69,900 | 1,036 | |
Daiho Corp. | 32,000 | 1,028 | |
Hokuetsu Corp. | 310,821 | 1,027 | |
Ehime Bank Ltd. | 95,500 | 1,024 | |
Curves Holdings Co. Ltd. | 166,308 | 1,022 | |
YA-MAN Ltd. | 71,700 | 1,020 | |
^ | V Technology Co. Ltd. | 23,800 | 1,020 |
Konishi Co. Ltd. | 70,100 | 1,019 | |
Kitz Corp. | 186,348 | 1,008 | |
Kyokuto Kaihatsu Kogyo Co. Ltd. | 81,400 | 1,004 | |
TOMONY Holdings Inc. | 332,900 | 1,003 | |
Optex Group Co. Ltd. | 67,300 | 1,003 | |
* | Medical Data Vision Co. Ltd. | 42,600 | 1,000 |
Exedy Corp. | 79,100 | 997 | |
Elan Corp. | 44,000 | 996 | |
Tamura Corp. | 209,200 | 993 | |
Doutor Nichires Holdings Co. Ltd. | 70,737 | 993 | |
^ | COLOPL Inc. | 115,000 | 991 |
Meisei Industrial Co. Ltd. | 128,400 | 989 | |
Fuji Co. Ltd. | 53,400 | 989 | |
Nippon Koei Co. Ltd. | 37,500 | 989 |
89
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Torii Pharmaceutical Co. Ltd. | 34,700 | 985 | |
Topre Corp. | 97,500 | 980 | |
Oita Bank Ltd. | 42,407 | 979 | |
Ricoh Leasing Co. Ltd. | 36,506 | 979 | |
Shinmaywa Industries Ltd. | 126,068 | 978 | |
Nippon Carbon Co. Ltd. | 28,100 | 978 | |
Japan Pulp & Paper Co. Ltd. | 28,000 | 978 | |
Idec Corp. | 56,600 | 977 | |
Monex Group Inc. | 406,187 | 977 | |
Zuken Inc. | 38,500 | 975 | |
Tonami Holdings Co. Ltd. | 18,100 | 971 | |
Shikoku Chemicals Corp. | 87,600 | 965 | |
Koa Corp. | 77,600 | 963 | |
Seikagaku Corp. | 104,564 | 962 | |
Tokushu Tokai Paper Co. Ltd. | 23,000 | 961 | |
Premier Investment Corp. | 871 | 958 | |
Okuwa Co. Ltd. | 71,500 | 958 | |
Sanshin Electronics Co. Ltd. | 49,400 | 955 | |
NIPPON REIT Investment Corp. | 297 | 954 | |
Genky DrugStores Co. Ltd. | 23,100 | 951 | |
Bank of the Ryukyus Ltd. | 115,267 | 951 | |
Chubu Shiryo Co. Ltd. | 71,500 | 950 | |
Piolax Inc. | 64,700 | 949 | |
Tsurumi Manufacturing Co. Ltd. | 56,300 | 949 | |
Nippon Steel Trading Corp. | 33,249 | 948 | |
LEC Inc. | 67,048 | 947 | |
Organo Corp. | 18,100 | 947 | |
Yondoshi Holdings Inc. | 55,500 | 945 | |
Royal Holdings Co. Ltd. | 55,500 | 943 | |
Japan Excellent Inc. | 856 | 942 | |
Kaga Electronics Co. Ltd. | 48,700 | 942 | |
Computer Engineering & Consulting Ltd. | 65,970 | 941 | |
Tokai Corp. | 48,200 | 940 | |
Nippon Kanzai Co. Ltd. | 48,100 | 938 | |
Kurabo Industries Ltd. | 51,900 | 934 | |
Mimasu Semiconductor Industry Co. Ltd. | 39,700 | 933 | |
KFC Holdings Japan Ltd. | 38,900 | 931 | |
^ | eRex Co. Ltd. | 83,000 | 930 |
Marudai Food Co. Ltd. | 59,118 | 928 | |
Ryosan Co. Ltd. | 50,157 | 928 | |
Dai-Dan Co. Ltd. | 37,800 | 926 | |
Sato Holdings Corp. | 48,500 | 924 | |
* | Nichireki Co. Ltd. | 57,100 | 921 |
GLOBERIDE Inc. | 28,100 | 920 | |
Yokohama Reito Co. Ltd. | 113,600 | 919 | |
Sumitomo Densetsu Co. Ltd. | 38,500 | 917 | |
* | Maxell Holdings Ltd. | 87,600 | 916 |
Furukawa Co. Ltd. | 88,298 | 913 | |
Denyo Co. Ltd. | 40,900 | 913 | |
Hyakujushi Bank Ltd. | 57,300 | 912 | |
Taihei Dengyo Kaisha Ltd. | 42,200 | 912 | |
Toho Bank Ltd. | 417,464 | 909 | |
Key Coffee Inc. | 44,393 | 907 | |
Sintokogio Ltd. | 131,200 | 905 | |
*,^ | Leopalace21 Corp. | 577,700 | 905 |
Daiichi Jitsugyo Co. Ltd. | 25,400 | 904 | |
Senshu Ikeda Holdings Inc. | 587,500 | 898 | |
Miyazaki Bank Ltd. | 41,593 | 897 | |
DKS Co. Ltd. | 21,700 | 897 | |
Sanyo Electric Railway Co. Ltd. | 45,484 | 894 | |
Cawachi Ltd. | 31,400 | 891 | |
Hiday Hidaka Corp. | 54,619 | 890 | |
Pack Corp. | 31,400 | 882 | |
* | Micronics Japan Co. Ltd. | 88,700 | 876 |
90
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Fujio Food Group Inc. | 66,000 | 876 | |
Mitsuboshi Belting Ltd. | 55,900 | 875 | |
SB Technology Corp. | 25,600 | 873 | |
* | Kappa Create Co. Ltd. | 64,088 | 872 |
Bank of Nagoya Ltd. | 35,112 | 872 | |
Shin-Etsu Polymer Co. Ltd. | 97,700 | 870 | |
J-Oil Mills Inc. | 24,600 | 869 | |
Ines Corp. | 60,500 | 864 | |
Nitta Corp. | 40,900 | 862 | |
Enigmo Inc. | 63,700 | 854 | |
^ | Hioki EE Corp. | 24,200 | 853 |
Hosokawa Micron Corp. | 17,000 | 853 | |
Mizuno Corp. | 50,856 | 851 | |
Kanto Denka Kogyo Co. Ltd. | 125,800 | 849 | |
United Arrows Ltd. | 62,267 | 846 | |
*,^ | Japan Display Inc. | 1,721,200 | 843 |
Future Corp. | 49,200 | 842 | |
Nissei ASB Machine Co. Ltd. | 21,600 | 841 | |
ESPEC Corp. | 51,908 | 840 | |
Avex Inc. | 86,800 | 839 | |
Noritake Co. Ltd. | 28,500 | 838 | |
Nishio Rent All Co. Ltd. | 43,000 | 835 | |
Keiyo Co. Ltd. | 109,900 | 833 | |
Takamatsu Construction Group Co. Ltd. | 40,600 | 833 | |
JM Holdings Co. Ltd. | 36,600 | 833 | |
Okabe Co. Ltd. | 109,835 | 831 | |
Tachibana Eletech Co. Ltd. | 50,534 | 828 | |
Yamagata Bank Ltd. | 66,985 | 827 | |
VT Holdings Co. Ltd. | 234,900 | 825 | |
TOC Co. Ltd. | 134,946 | 823 | |
Tokyu REIT Inc. | 605 | 823 | |
Weathernews Inc. | 15,500 | 819 | |
Taki Chemical Co. Ltd. | 13,000 | 819 | |
MCUBS MidCity Investment Corp | 1,140 | 818 | |
Toa Corp. | 45,800 | 818 | |
Vital KSK Holdings Inc. | 90,700 | 816 | |
Intage Holdings Inc. | 88,900 | 816 | |
Mori Trust Sogo Reit Inc. | 680 | 812 | |
FULLCAST Holdings Co. Ltd. | 54,546 | 810 | |
Futaba Industrial Co. Ltd. | 160,400 | 810 | |
Konoike Transport Co. Ltd. | 77,400 | 809 | |
Alpen Co. Ltd. | 41,500 | 807 | |
Daiken Corp. | 42,800 | 802 | |
Mitsubishi Estate Logistics REIT Investment Corp. | 201 | 801 | |
*,^ | Chiyoda Corp. | 367,100 | 796 |
San ju San Financial Group Inc. | 63,352 | 792 | |
IDOM Inc. | 144,600 | 791 | |
Alconix Corp. | 55,814 | 790 | |
DKK Co. Ltd. | 31,680 | 788 | |
Iino Kaiun Kaisha Ltd. | 228,736 | 788 | |
Starzen Co. Ltd. | 21,100 | 785 | |
Tokyo Kiraboshi Financial Group Inc. | 71,966 | 785 | |
^ | Kitanotatsujin Corp. | 168,100 | 783 |
Modec Inc. | 53,588 | 778 | |
Sinfonia Technology Co. Ltd. | 71,500 | 778 | |
Komori Corp. | 120,900 | 776 | |
Takasago International Corp. | 39,600 | 775 | |
Hibiya Engineering Ltd. | 47,800 | 773 | |
Riso Kagaku Corp. | 64,284 | 772 | |
Pasona Group Inc. | 50,300 | 770 | |
Zenrin Co. Ltd. | 70,050 | 770 | |
Sumitomo Seika Chemicals Co. Ltd. | 24,100 | 767 | |
Union Tool Co. | 25,900 | 766 | |
Komatsu Matere Co. Ltd. | 94,000 | 763 |
91
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Seiko Holdings Corp. | 60,458 | 762 | |
Aichi Steel Corp. | 31,602 | 761 | |
Towa Corp. | 65,765 | 761 | |
Dainichiseika Color & Chemicals Manufacturing Co. Ltd. | 36,603 | 759 | |
Hoosiers Holdings | 118,700 | 756 | |
Bank of Iwate Ltd. | 33,624 | 755 | |
Itochu-Shokuhin Co. Ltd. | 14,400 | 753 | |
Nichiden Corp. | 36,200 | 752 | |
Shin Nippon Air Technologies Co. Ltd. | 37,100 | 750 | |
Kintetsu Department Store Co. Ltd. | 24,500 | 750 | |
Sinko Industries Ltd. | 53,441 | 750 | |
Toyo Construction Co. Ltd. | 195,600 | 749 | |
Tachi-S Co. Ltd. | 73,900 | 747 | |
Sakai Chemical Industry Co. Ltd. | 40,109 | 742 | |
Invesco Office J-Reit Inc. | 5,978 | 742 | |
ASKA Pharmaceutical Co. Ltd. | 58,600 | 739 | |
EM Systems Co. Ltd. | 97,700 | 737 | |
^ | Insource Co. Ltd. | 28,100 | 736 |
Gakken Holdings Co. Ltd. | 54,400 | 735 | |
Daikokutenbussan Co. Ltd. | 13,500 | 734 | |
Advan Co. Ltd. | 60,400 | 733 | |
Furuno Electric Co. Ltd. | 65,700 | 733 | |
Nittetsu Mining Co. Ltd. | 16,900 | 732 | |
Kyoei Steel Ltd. | 58,112 | 732 | |
Tosei Corp. | 73,000 | 732 | |
* | Nippon Denko Co. Ltd. | 309,790 | 730 |
Matsuyafoods Holdings Co. Ltd. | 22,100 | 729 | |
Arcland Service Holdings Co. Ltd. | 37,800 | 725 | |
Halows Co. Ltd. | 23,000 | 723 | |
Sinanen Holdings Co. Ltd. | 24,900 | 722 | |
Shinko Shoji Co. Ltd. | 87,100 | 720 | |
* | Toho Zinc Co. Ltd. | 36,478 | 715 |
Marusan Securities Co. Ltd. | 159,455 | 713 | |
TPR Co. Ltd. | 59,529 | 713 | |
^ | Rock Field Co. Ltd. | 52,268 | 712 |
Anest Iwata Corp. | 88,700 | 710 | |
^ | Hoshino Resorts REIT Inc. | 150 | 708 |
Maxvalu Tokai Co. Ltd. | 28,400 | 708 | |
Kenedix Retail REIT Corp. | 369 | 706 | |
Matsuya Co. Ltd. | 107,100 | 703 | |
Mitsui Sugar Co. Ltd. | 40,400 | 702 | |
Hodogaya Chemical Co. Ltd. | 15,700 | 698 | |
Japan Medical Dynamic Marketing Inc. | 32,918 | 695 | |
YAKUODO Holdings Co. Ltd. | 28,300 | 694 | |
Stella Chemifa Corp. | 24,700 | 692 | |
Kyokuyo Co. Ltd. | 26,400 | 690 | |
Riso Kyoiku Co. Ltd. | 235,600 | 689 | |
Canon Electronics Inc. | 49,794 | 687 | |
Poletowin Pitcrew Holdings Inc. | 78,500 | 684 | |
Mie Kotsu Group Holdings Inc. | 156,900 | 683 | |
* | Nippon Sheet Glass Co. Ltd. | 196,000 | 681 |
PAL GROUP Holdings Co. Ltd. | 58,500 | 681 | |
Osaki Electric Co. Ltd. | 112,600 | 679 | |
CI Takiron Corp. | 106,200 | 679 | |
Feed One Co. Ltd. | 77,820 | 678 | |
Marvelous Inc. | 90,200 | 678 | |
Valqua Ltd. | 40,400 | 677 | |
Tenma Corp. | 38,700 | 677 | |
Icom Inc. | 25,900 | 675 | |
Qol Holdings Co. Ltd. | 61,699 | 673 | |
* | KLab Inc. | 83,160 | 670 |
Shikoku Bank Ltd. | 97,840 | 669 | |
Amuse Inc. | 27,400 | 666 | |
Daiwa Industries Ltd. | 74,100 | 665 |
92
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Fukuda Corp. | 13,900 | 665 | |
Yamanashi Chuo Bank Ltd. | 81,562 | 665 | |
Ebase Co. Ltd. | 71,600 | 665 | |
Ichikoh Industries Ltd. | 151,666 | 662 | |
Sankyo Tateyama Inc. | 74,400 | 661 | |
SWCC Showa Holdings Co. Ltd. | 59,300 | 660 | |
Aichi Bank Ltd. | 24,104 | 660 | |
Chukyo Bank Ltd. | 32,600 | 657 | |
Toyo Tanso Co. Ltd. | 38,910 | 657 | |
Unipres Corp. | 84,480 | 654 | |
Sodick Co. Ltd. | 87,878 | 652 | |
Kanagawa Chuo Kotsu Co. Ltd. | 17,700 | 652 | |
Heiwa Real Estate REIT Inc. | 602 | 651 | |
Tekken Corp. | 34,800 | 650 | |
Asahi Diamond Industrial Co. Ltd. | 141,722 | 650 | |
Tsubaki Nakashima Co. Ltd. | 87,400 | 646 | |
Nagatanien Holdings Co. Ltd. | 30,400 | 645 | |
Sourcenext Corp. | 232,000 | 645 | |
Takara Leben Co. Ltd. | 231,000 | 645 | |
Proto Corp. | 59,700 | 643 | |
Fujiya Co. Ltd. | 28,900 | 643 | |
Oyo Corp. | 55,900 | 642 | |
LIFULL Co. Ltd. | 170,400 | 641 | |
Katakura Industries Co. Ltd. | 57,900 | 640 | |
* | Mitsui E&S Holdings Co. Ltd. | 202,100 | 640 |
Press Kogyo Co. Ltd. | 240,100 | 639 | |
MTI Ltd. | 72,400 | 639 | |
ES-Con Japan Ltd. | 78,500 | 638 | |
^ | RS Technologies Co. Ltd. | 18,900 | 637 |
Tokyu Construction Co. Ltd. | 144,800 | 637 | |
* | Sagami Holdings Corp. | 52,496 | 637 |
Kamei Corp. | 62,900 | 635 | |
Riken Vitamin Co. Ltd. | 43,000 | 635 | |
Bando Chemical Industries Ltd. | 115,900 | 633 | |
^ | Akatsuki Inc. | 14,200 | 633 |
OSJB Holdings Corp. | 275,894 | 632 | |
G-Tekt Corp. | 55,900 | 630 | |
Tsukui Holdings Corp. | 125,900 | 629 | |
CTS Co. Ltd. | 71,742 | 627 | |
Kanaden Corp. | 46,900 | 625 | |
Toenec Corp. | 19,200 | 625 | |
WDB Holdings Co. Ltd. | 21,512 | 625 | |
Japan Transcity Corp. | 133,292 | 623 | |
Dai Nippon Toryo Co. Ltd. | 66,800 | 621 | |
Akita Bank Ltd. | 45,800 | 621 | |
* | Litalico Inc. | 23,500 | 620 |
Ishihara Sangyo Kaisha Ltd. | 95,300 | 619 | |
* | Sanyo Special Steel Co. Ltd. | 63,070 | 618 |
Mitsubishi Research Institute Inc. | 17,000 | 616 | |
Tayca Corp. | 46,232 | 616 | |
Foster Electric Co. Ltd. | 53,485 | 615 | |
Kenko Mayonnaise Co. Ltd. | 36,400 | 613 | |
Ryobi Ltd. | 56,487 | 611 | |
Pacific Metals Co. Ltd. | 39,508 | 610 | |
Futaba Corp. | 71,632 | 610 | |
Aichi Corp. | 69,900 | 605 | |
Nippon Thompson Co. Ltd. | 181,400 | 605 | |
Daikyonishikawa Corp. | 109,000 | 604 | |
Sun Frontier Fudousan Co. Ltd. | 75,000 | 603 | |
Towa Bank Ltd. | 91,400 | 602 | |
Yurtec Corp. | 99,400 | 601 | |
Fukuoka REIT Corp. | 496 | 601 | |
Enplas Corp. | 27,453 | 601 | |
*,^ | Vision Inc. | 68,965 | 599 |
93
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Tanseisha Co. Ltd. | 88,300 | 597 | |
Global One Real Estate Investment Corp. | 661 | 597 | |
CMK Corp. | 132,900 | 595 | |
World Co. Ltd. | 46,800 | 594 | |
G-7 Holdings Inc. | 25,800 | 593 | |
* | Aoyama Trading Co. Ltd. | 124,100 | 591 |
JVCKenwood Corp. | 436,740 | 591 | |
Eagle Industry Co. Ltd. | 73,500 | 585 | |
Shinnihon Corp. | 69,800 | 583 | |
Kansai Super Market Ltd. | 50,600 | 581 | |
EPS Holdings Inc. | 64,100 | 581 | |
ST Corp. | 30,300 | 580 | |
Daido Metal Co. Ltd. | 119,200 | 578 | |
^ | I'll Inc. | 44,800 | 578 |
Central Security Patrols Co. Ltd. | 18,595 | 576 | |
* | Vector Inc. | 67,100 | 572 |
Fukui Computer Holdings Inc. | 18,600 | 570 | |
^ | Yonex Co. Ltd. | 101,100 | 570 |
*,^ | Atrae Inc. | 21,908 | 567 |
Achilles Corp. | 37,600 | 567 | |
Chiyoda Co. Ltd. | 64,200 | 565 | |
Nihon Chouzai Co. Ltd. | 34,900 | 564 | |
Kurimoto Ltd. | 31,900 | 563 | |
Toyo Corp. | 61,817 | 562 | |
Goldcrest Co. Ltd. | 43,980 | 562 | |
Riken Corp. | 23,600 | 561 | |
Cosel Co. Ltd. | 58,400 | 559 | |
Koatsu Gas Kogyo Co. Ltd. | 76,200 | 558 | |
Shinwa Co. Ltd. | 30,900 | 558 | |
* | Nippon Chemi-Con Corp. | 43,581 | 557 |
Nippon Yakin Kogyo Co. Ltd. | 38,679 | 557 | |
Yorozu Corp. | 51,476 | 556 | |
^ | Fixstars Corp. | 58,700 | 555 |
Asahi Co. Ltd. | 33,500 | 553 | |
Alpha Systems Inc. | 18,200 | 550 | |
Sparx Group Co. Ltd. | 254,600 | 549 | |
Nissin Sugar Co. Ltd. | 31,325 | 546 | |
Yahagi Construction Co. Ltd. | 67,700 | 544 | |
Financial Products Group Co. Ltd. | 124,600 | 542 | |
CONEXIO Corp. | 44,800 | 539 | |
Nichiban Co. Ltd. | 34,300 | 537 | |
PC Depot Corp. | 88,040 | 537 | |
Rokko Butter Co. Ltd. | 33,000 | 537 | |
Rheon Automatic Machinery Co. Ltd. | 55,315 | 537 | |
JDC Corp. | 103,300 | 536 | |
^ | Kamakura Shinsho Ltd. | 53,700 | 531 |
^ | Toho Titanium Co. Ltd. | 88,600 | 531 |
Happinet Corp. | 39,600 | 530 | |
Digital Holdings Inc. | 42,745 | 530 | |
Iseki & Co. Ltd. | 40,887 | 527 | |
Moriroku Holdings Co. Ltd. | 30,100 | 525 | |
^ | Ichigo Office REIT Investment Corp. | 811 | 524 |
* | BrainPad Inc. | 13,719 | 524 |
* | Topy Industries Ltd. | 49,979 | 523 |
BRONCO BILLY Co. Ltd. | 24,200 | 522 | |
Ryoden Corp. | 35,500 | 521 | |
*,^ | RPA Holdings Inc. | 75,730 | 521 |
Warabeya Nichiyo Holdings Co. Ltd. | 36,100 | 516 | |
* | W-Scope Corp. | 81,400 | 516 |
Kyosan Electric Manufacturing Co. Ltd. | 129,100 | 512 | |
K&O Energy Group Inc. | 37,200 | 512 | |
Tamron Co. Ltd. | 34,300 | 512 | |
NichiiGakkan Co. Ltd. | 32,100 | 511 | |
* | Unitika Ltd. | 154,800 | 510 |
94
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Riken Technos Corp. | 132,700 | 506 | |
Sumitomo Riko Co. Ltd. | 99,100 | 506 | |
World Holdings Co. Ltd. | 24,900 | 505 | |
Optorun Co. Ltd. | 25,600 | 504 | |
Maezawa Kyuso Industries Co. Ltd. | 23,500 | 504 | |
Shibusawa Warehouse Co. Ltd. | 26,309 | 501 | |
FAN Communications Inc. | 111,900 | 501 | |
KAWADA TECHNOLOGIES Inc. | 12,000 | 501 | |
Hankyu Hanshin REIT Inc. | 453 | 501 | |
Tatsuta Electric Wire and Cable Co. Ltd. | 92,400 | 498 | |
Fuso Pharmaceutical Industries Ltd. | 19,700 | 497 | |
Nippon Parking Development Co. Ltd. | 403,300 | 494 | |
Arakawa Chemical Industries Ltd. | 44,600 | 494 | |
Michinoku Bank Ltd. | 44,500 | 490 | |
Fuji Pharma Co. Ltd. | 43,800 | 487 | |
Macromill Inc. | 78,200 | 486 | |
Tama Home Co. Ltd. | 36,700 | 486 | |
Nitto Kohki Co. Ltd. | 29,200 | 485 | |
Tokyo Electron Device Ltd. | 16,500 | 485 | |
Kyodo Printing Co. Ltd. | 20,600 | 483 | |
Nippon Beet Sugar Manufacturing Co. Ltd. | 29,200 | 482 | |
Tosho Co. Ltd. | 41,400 | 481 | |
JAC Recruitment Co. Ltd. | 39,700 | 475 | |
Sanei Architecture Planning Co. Ltd. | 28,800 | 475 | |
* | Istyle Inc. | 137,000 | 474 |
Studio Alice Co. Ltd. | 25,700 | 474 | |
^ | Koshidaka Holdings Co. Ltd. | 126,508 | 473 |
Nihon Nohyaku Co. Ltd. | 102,400 | 473 | |
Tochigi Bank Ltd. | 271,712 | 470 | |
Shimizu Bank Ltd. | 29,600 | 470 | |
Onoken Co. Ltd. | 42,100 | 469 | |
^ | J Trust Co. Ltd. | 220,000 | 468 |
Matsuda Sangyo Co. Ltd. | 34,000 | 468 | |
Onward Holdings Co. Ltd. | 238,656 | 467 | |
Hochiki Corp. | 40,100 | 467 | |
BeNEXT Group Inc. | 49,692 | 466 | |
Toa Corp. | 58,900 | 465 | |
France Bed Holdings Co. Ltd. | 57,600 | 465 | |
Teikoku Electric Manufacturing Co. Ltd. | 47,800 | 465 | |
FIDEA Holdings Co. Ltd. | 479,200 | 465 | |
Chiyoda Integre Co. Ltd. | 31,200 | 460 | |
Fudo Tetra Corp. | 32,820 | 460 | |
Aiphone Co. Ltd. | 32,700 | 458 | |
Hisaka Works Ltd. | 54,100 | 457 | |
SOSiLA Logistics REIT Inc. | 351 | 454 | |
Toyo Kanetsu KK | 21,200 | 454 | |
Sumida Corp. | 57,809 | 454 | |
^ | PIA Corp. | 16,600 | 452 |
Godo Steel Ltd. | 24,700 | 452 | |
* | COOKPAD Inc. | 123,500 | 452 |
WATAMI Co. Ltd. | 49,000 | 448 | |
ZIGExN Co. Ltd. | 150,100 | 447 | |
Itochu Advance Logistics Investment Corp. | 326 | 446 | |
JP-Holdings Inc. | 155,400 | 445 | |
AOKI Holdings Inc. | 102,004 | 443 | |
^ | Link And Motivation Inc. | 116,500 | 442 |
Torishima Pump Manufacturing Co. Ltd. | 58,500 | 441 | |
Hokkaido Gas Co. Ltd. | 30,800 | 440 | |
JSP Corp. | 30,700 | 437 | |
Nihon Trim Co. Ltd. | 11,900 | 436 | |
^ | Yomiuri Land Co. Ltd. | 10,400 | 432 |
Neturen Co. Ltd. | 94,100 | 432 | |
Chori Co. Ltd. | 28,700 | 432 | |
ASAHI YUKIZAI Corp. | 33,211 | 430 |
95
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Zuiko Corp. | 43,000 | 430 | |
Melco Holdings Inc. | 16,600 | 430 | |
Kanamic Network Co. Ltd. | 56,600 | 429 | |
Jimoto Holdings Inc. | 48,038 | 426 | |
GCA Corp. | 68,000 | 426 | |
Nissin Corp. | 30,400 | 426 | |
* | Nippon Sharyo Ltd. | 18,500 | 422 |
Toho Co. Ltd. | 24,500 | 421 | |
Kojima Co. Ltd. | 63,300 | 419 | |
Tokyo Energy & Systems Inc. | 54,100 | 416 | |
Gurunavi Inc. | 70,000 | 416 | |
SRA Holdings | 19,100 | 415 | |
Tomoku Co. Ltd. | 26,300 | 415 | |
Ministop Co. Ltd. | 33,100 | 414 | |
Bank of Saga Ltd. | 33,500 | 413 | |
* | Kourakuen Holdings Corp. | 26,400 | 411 |
Tsutsumi Jewelry Co. Ltd. | 18,200 | 409 | |
I-PEX Inc. | 22,900 | 407 | |
Pronexus Inc. | 39,035 | 406 | |
Shindengen Electric Manufacturing Co. Ltd. | 21,200 | 404 | |
Japan Best Rescue System Co. Ltd. | 41,965 | 401 | |
Taisei Lamick Co. Ltd. | 15,600 | 399 | |
* | Heroz Inc. | 14,100 | 398 |
Elematec Corp. | 43,300 | 397 | |
Kyokuto Securities Co. Ltd. | 61,100 | 396 | |
*,^ | Open Door Inc. | 34,700 | 396 |
Wowow Inc. | 15,000 | 395 | |
Sankyo Seiko Co. Ltd. | 97,597 | 392 | |
Kita-Nippon Bank Ltd. | 21,500 | 392 | |
Roland DG Corp. | 31,700 | 390 | |
Xebio Holdings Co. Ltd. | 59,708 | 390 | |
Honeys Holdings Co. Ltd. | 41,790 | 388 | |
SMK Corp. | 15,200 | 387 | |
TSI Holdings Co. Ltd. | 164,800 | 387 | |
Ichiyoshi Securities Co. Ltd. | 96,700 | 387 | |
Mars Group Holdings Corp. | 25,000 | 384 | |
Shimojima Co. Ltd. | 29,900 | 382 | |
Aisan Industry Co. Ltd. | 88,700 | 380 | |
Nihon Tokushu Toryo Co. Ltd. | 42,200 | 376 | |
* | OSAKA Titanium Technologies Co. Ltd. | 50,800 | 374 |
Airtrip Corp. | 28,618 | 373 | |
Sekisui Kasei Co. Ltd. | 69,300 | 370 | |
Yushin Precision Equipment Co. Ltd. | 55,200 | 366 | |
Itoki Corp. | 112,500 | 366 | |
Mirai Corp. | 1,046 | 361 | |
NS United Kaiun Kaisha Ltd. | 26,600 | 361 | |
Hito Communications Holdings Inc. | 27,766 | 361 | |
Okura Industrial Co. Ltd. | 21,700 | 361 | |
Yushiro Chemical Industry Co. Ltd. | 29,100 | 360 | |
Tv Tokyo Holdings Corp. | 16,000 | 357 | |
Tsukuba Bank Ltd. | 210,200 | 356 | |
^ | Sanoh Industrial Co. Ltd. | 60,600 | 351 |
* | Mitsuba Corp. | 96,124 | 351 |
Aeon Fantasy Co. Ltd. | 18,100 | 349 | |
NEC Capital Solutions Ltd. | 20,400 | 347 | |
CAC Holdings Corp. | 27,600 | 346 | |
Nisso Corp. | 47,000 | 344 | |
Hokkan Holdings Ltd. | 26,800 | 343 | |
One REIT Inc. | 148 | 342 | |
* | Airtech Japan Ltd. | 20,800 | 342 |
Juki Corp. | 80,518 | 341 | |
^ | Shin Nippon Biomedical Laboratories Ltd. | 53,000 | 339 |
Osaka Steel Co. Ltd. | 31,000 | 333 | |
Central Sports Co. Ltd. | 15,675 | 332 |
96
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Hakuto Co. Ltd. | 31,500 | 331 | |
* | FDK Corp. | 38,114 | 325 |
Artnature Inc. | 54,800 | 318 | |
Maezawa Kasei Industries Co. Ltd. | 33,800 | 317 | |
Kitano Construction Corp. | 13,000 | 315 | |
Corona Corp. Class A | 34,900 | 314 | |
CRE Logistics REIT Inc. | 212 | 310 | |
Seika Corp. | 25,800 | 310 | |
^ | Tokyo Individualized Educational Institute Inc. | 55,312 | 307 |
Chuo Spring Co. Ltd. | 10,900 | 306 | |
Gun-Ei Chemical Industry Co. Ltd. | 12,900 | 299 | |
Krosaki Harima Corp. | 11,000 | 298 | |
Fujikura Kasei Co. Ltd. | 65,700 | 298 | |
Fujitsu Frontech Ltd. | 20,200 | 297 | |
^ | Chuetsu Pulp & Paper Co. Ltd. | 25,200 | 295 |
CMIC Holdings Co. Ltd. | 23,900 | 294 | |
Fujita Kanko Inc. | 20,300 | 294 | |
Toli Corp. | 125,501 | 294 | |
Takamiya Co. Ltd. | 56,000 | 291 | |
^ | Ohara Inc. | 24,388 | 289 |
Kato Works Co. Ltd. | 29,641 | 288 | |
Tokyo Rakutenchi Co. Ltd. | 6,900 | 287 | |
Starts Proceed Investment Corp. | 150 | 286 | |
*,^ | KNT-CT Holdings Co. Ltd. | 30,900 | 286 |
Inaba Seisakusho Co. Ltd. | 22,200 | 284 | |
Star Asia Investment Corp. | 658 | 279 | |
* | Akebono Brake Industry Co. Ltd. | 206,583 | 276 |
Takaoka Toko Co. Ltd. | 28,500 | 276 | |
^ | Meiko Network Japan Co. Ltd. | 46,863 | 271 |
Kitagawa Corp. | 21,800 | 270 | |
* | Gunosy Inc. | 37,700 | 268 |
^ | Daisyo Corp. | 25,700 | 266 |
Toa Oil Co. Ltd. | 15,400 | 263 | |
Sac's Bar Holdings Inc. | 50,650 | 263 | |
Gecoss Corp. | 29,900 | 261 | |
Takihyo Co. Ltd. | 15,800 | 260 | |
Nippon Coke & Engineering Co. Ltd. | 398,600 | 248 | |
Kasai Kogyo Co. Ltd. | 72,500 | 241 | |
Japan Cash Machine Co. Ltd. | 48,000 | 237 | |
*,^ | CHIMNEY Co. Ltd. | 20,000 | 236 |
Takara Leben Real Estate Investment Corp. | 291 | 233 | |
Mitsubishi Paper Mills Ltd. | 71,400 | 213 | |
St. Marc Holdings Co. Ltd. | 14,900 | 212 | |
Ateam Inc. | 26,400 | 212 | |
Mori Trust Hotel Reit Inc. | 204 | 211 | |
Taiho Kogyo Co. Ltd. | 40,600 | 205 | |
Airport Facilities Co. Ltd. | 48,700 | 202 | |
Linical Co. Ltd. | 28,300 | 201 | |
Cleanup Corp. | 43,800 | 200 | |
Samty Residential Investment Corp. | 205 | 197 | |
*,^ | Tokyo Base Co. Ltd. | 46,700 | 180 |
*,^ | Aplus Financial Co. Ltd. | 250,100 | 178 |
* | Funai Electric Co. Ltd. | 41,700 | 174 |
Daikoku Denki Co. Ltd. | 19,700 | 172 | |
*,^ | Right On Co. Ltd. | 28,800 | 170 |
Paris Miki Holdings Inc. | 61,500 | 162 | |
* | Tateru Inc. | 97,800 | 160 |
Jamco Corp. | 27,000 | 152 | |
Nakayama Steel Works Ltd. | 41,900 | 140 | |
*,^ | Laox Co. Ltd. | 69,500 | 113 |
959,953 | |||
Kuwait (0.1%) | |||
* | Warba Bank KSCP | 2,308,034 | 1,806 |
National Industries Group Holding SAK | 2,599,449 | 1,534 |
97
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Kuwait International Bank KSCP | 1,576,654 | 1,063 | |
Kuwait Projects Co. Holding KSCP | 1,952,485 | 990 | |
* | Alimtiaz Investment Group KSC | 1,930,058 | 621 |
Integrated Holding Co. KCSC | 417,899 | 501 | |
6,515 | |||
Malaysia (1.1%) | |||
* | Supermax Corp. Bhd. | 4,275,894 | 9,760 |
Kossan Rubber Industries | 3,359,600 | 6,070 | |
Inari Amertron Bhd. | 5,584,000 | 3,418 | |
Bursa Malaysia Bhd. | 1,326,554 | 2,572 | |
TIME dotCom Bhd. | 782,200 | 2,424 | |
Genting Plantations Bhd. | 1,010,473 | 2,388 | |
Pentamaster Corp. Bhd. | 1,731,850 | 2,100 | |
VS Industry Bhd. | 3,534,075 | 1,993 | |
Frontken Corp. Bhd. | 2,351,600 | 1,990 | |
My EG Services Bhd. | 5,361,900 | 1,774 | |
IGB REIT | 4,310,900 | 1,732 | |
Carlsberg Brewery Malaysia Bhd. | 370,500 | 1,648 | |
Scientex Bhd. | 558,800 | 1,599 | |
Axis REIT | 3,009,200 | 1,520 | |
Sunway REIT | 4,245,000 | 1,461 | |
Sunway Bhd. | 4,358,988 | 1,407 | |
Yinson Holdings Bhd. | 1,264,600 | 1,394 | |
Malakoff Corp. Bhd. | 6,245,400 | 1,391 | |
KPJ Healthcare Bhd. | 6,483,100 | 1,327 | |
Mega First Corp. Bhd. | 785,000 | 1,315 | |
ViTrox Corp. Bhd. | 375,800 | 1,285 | |
Serba Dinamik Holdings Bhd. | 3,027,916 | 1,116 | |
DRB-Hicom Bhd. | 2,370,827 | 1,085 | |
Magnum Bhd. | 2,180,792 | 1,050 | |
Berjaya Sports Toto Bhd. | 2,288,357 | 1,042 | |
1 | Lotte Chemical Titan Holding Bhd. | 1,584,305 | 794 |
Pavilion REIT | 2,174,000 | 727 | |
Syarikat Takaful Malaysia Keluarga Bhd. | 688,500 | 701 | |
Malaysia Building Society Bhd. | 5,657,600 | 667 | |
* | Sapura Energy Bhd. | 24,752,200 | 599 |
SP Setia Bhd Group | 3,593,700 | 597 | |
Leong Hup International Bhd. | 3,608,000 | 578 | |
Sunway Construction Group Bhd. | 1,318,740 | 575 | |
AEON Credit Service M Bhd. | 261,200 | 573 | |
Malaysian Resources Corp. Bhd. | 6,034,938 | 545 | |
* | Bumi Armada Bhd. | 9,521,400 | 507 |
Padini Holdings Bhd. | 1,007,200 | 504 | |
Bermaz Auto Bhd. | 1,796,440 | 503 | |
* | Berjaya Corp. Bhd. | 9,078,463 | 415 |
Cahya Mata Sarawak Bhd. | 1,508,100 | 393 | |
* | UEM Sunrise Bhd. | 4,358,500 | 389 |
* | Velesto Energy Bhd. | 10,553,380 | 293 |
* | Pos Malaysia Bhd. | 978,900 | 221 |
* | WCT Holdings Bhd. | 2,307,972 | 203 |
* | Muhibbah Engineering M Bhd. | 1,016,600 | 178 |
* | Serba Dinamik Holdings Bhd. Warrants Exp. 05/12/2024 | 878,820 | 35 |
* | UMW Oil & Gas Corp. Warrants Exp. 09/30/2024 | 2,470,020 | 30 |
* | Sunway Bhd. Warrants Exp. 12/31/2024 | 362,955 | 20 |
* | Malaysian Resources Corp. Bhd. Warrants Exp. 12/31/2027 | 430,554 | 10 |
* | BIMB Holdings Bhd. Warrants Exp. 12/04/2023 | 154,640 | 7 |
64,925 | |||
Mexico (0.5%) | |||
PLA Administradora Industrial S de RL de CV | 1,961,663 | 2,693 | |
Prologis Property Mexico SA de CV | 1,215,724 | 2,436 | |
La Comer SAB de CV | 1,327,195 | 2,416 | |
Bolsa Mexicana de Valores SAB de CV | 1,186,266 | 2,412 | |
Grupo Cementos de Chihuahua SAB de CV | 455,400 | 2,293 | |
Corp Inmobiliaria Vesta SAB de CV | 1,425,142 | 2,290 |
98
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
1 | Macquarie Mexico Real Estate Management SA de CV | 1,802,202 | 2,071 |
* | Regional SAB de CV | 661,700 | 1,788 |
* | Genomma Lab Internacional SAB de CV Class B | 1,878,152 | 1,666 |
*,1 | Banco del Bajio SA | 1,986,600 | 1,643 |
Grupo Comercial Chedraui SA de CV | 1,291,100 | 1,632 | |
* | Controladora Vuela Cia de Aviacion SAB de CV Class A | 1,921,708 | 1,505 |
* | Alsea SAB de CV | 1,475,600 | 1,270 |
* | Axtel SAB de CV | 3,310,851 | 1,235 |
Grupo Herdez SAB de CV | 597,183 | 1,058 | |
* | Gentera SAB de CV | 2,837,100 | 667 |
1 | Nemak SAB de CV | 2,103,340 | 648 |
* | Unifin Financiera SAB de CV | 529,691 | 459 |
* | Credito Real SAB de CV SOFOM ER | 764,013 | 401 |
Grupo Rotoplas SAB de CV | 462,570 | 398 | |
30,981 | |||
Netherlands (1.1%) | |||
BE Semiconductor Industries NV | 184,808 | 7,447 | |
Corbion NV | 153,495 | 6,971 | |
SBM Offshore NV | 417,185 | 6,742 | |
* | Arcadis NV | 188,032 | 4,369 |
* | Boskalis Westminster | 211,096 | 4,245 |
* | PostNL NV | 1,216,824 | 4,036 |
1 | Intertrust NV | 230,174 | 3,569 |
TKH Group NV | 108,703 | 3,500 | |
Aperam SA | 121,711 | 3,266 | |
* | Oci NV | 248,925 | 2,980 |
*,1 | Basic-Fit NV | 106,588 | 2,586 |
1 | Flow Traders | 71,796 | 2,353 |
Nsi NV | 46,856 | 1,480 | |
* | Accell Group NV | 53,855 | 1,454 |
Eurocommercial Properties NV | 118,360 | 1,292 | |
AMG Advanced Metallurgical Group NV | 70,870 | 1,276 | |
Vastned Retail NV | 47,284 | 1,250 | |
* | Sligro Food Group NV | 86,958 | 1,244 |
* | TomTom NV | 168,914 | 1,135 |
^ | Wereldhave NV | 110,998 | 1,032 |
*,^ | Fugro NV | 249,359 | 952 |
*,1 | NIBC Holding NV | 106,883 | 921 |
* | Koninklijke BAM Groep NV | 597,274 | 740 |
ForFarmers NV | 99,706 | 583 | |
1 | B&S Group Sarl | 70,517 | 464 |
* | Brunel International NV | 56,428 | 400 |
*,§ | SRH NV | 96,364 | — |
66,287 | |||
New Zealand (0.9%) | |||
Chorus Ltd. | 1,167,792 | 6,494 | |
Infratil Ltd. | 1,339,189 | 4,796 | |
Goodman Property Trust | 2,855,029 | 4,683 | |
^ | EBOS Group Ltd. | 246,554 | 4,197 |
Summerset Group Holdings Ltd. | 592,194 | 4,069 | |
Precinct Properties New Zealand Ltd. | 2,772,424 | 3,243 | |
* | Pushpay Holdings Ltd. | 474,268 | 2,853 |
Genesis Energy Ltd. | 1,335,690 | 2,738 | |
Freightways Ltd. | 415,593 | 2,306 | |
Z Energy Ltd. | 1,223,328 | 2,286 | |
Argosy Property Ltd. | 2,151,793 | 1,974 | |
Vector Ltd. | 688,322 | 1,911 | |
Vital Healthcare Property Trust | 988,669 | 1,901 | |
* | Arvida Group Ltd. | 1,488,721 | 1,721 |
* | Kathmandu Holdings Ltd. | 1,528,904 | 1,178 |
Heartland Group Holdings Ltd. | 1,160,003 | 1,027 | |
Scales Corp. Ltd. | 303,235 | 1,016 | |
* | Synlait Milk Ltd. | 272,797 | 960 |
Oceania Healthcare Ltd. | 972,917 | 867 |
99
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Restaurant Brands New Zealand Ltd. | 86,502 | 679 |
* | Tourism Holdings Ltd. | 402,115 | 595 |
* | Vista Group International Ltd. | 570,527 | 568 |
* | SKY Network Television Ltd. | 4,837,276 | 476 |
* | New Zealand Refining Co. Ltd. | 506,950 | 188 |
52,726 | |||
Norway (1.3%) | |||
* | Bakkafrost P/F | 133,065 | 7,612 |
1 | Scatec Solar ASA | 310,833 | 6,876 |
* | Nel ASA | 3,508,591 | 6,715 |
* | Storebrand ASA | 1,219,784 | 6,437 |
1 | Entra ASA | 436,016 | 5,700 |
* | Subsea 7 SA | 601,588 | 3,995 |
* | Nordic Semiconductor ASA | 374,823 | 3,943 |
* | SpareBank 1 SR-Bank ASA | 464,914 | 3,708 |
Borregaard ASA | 255,713 | 3,425 | |
* | Veidekke ASA | 282,820 | 3,260 |
Kongsberg Gruppen ASA | 197,631 | 3,211 | |
* | Norwegian Finans Holding ASA | 404,193 | 2,913 |
SpareBank 1 SMN | 334,881 | 2,889 | |
TGS NOPEC Geophysical Co. ASA | 293,913 | 2,712 | |
* | Atea ASA | 210,017 | 2,440 |
Austevoll Seafood ASA | 232,306 | 1,582 | |
1 | Elkem ASA | 614,087 | 1,306 |
*,1 | Sbanken ASA | 201,360 | 1,284 |
Frontline Ltd. | 229,415 | 1,273 | |
* | Bonheur ASA | 55,264 | 1,169 |
1 | BW LPG Ltd. | 225,218 | 986 |
Grieg Seafood ASA | 135,096 | 956 | |
Norway Royal Salmon ASA | 43,535 | 936 | |
Sparebank 1 Oestlandet | 81,160 | 727 | |
* | Dno ASA | 1,652,249 | 687 |
Stolt-Nielsen Ltd. | 72,120 | 667 | |
BW Offshore Ltd. | 248,529 | 598 | |
Wallenius Wilhelmsen ASA | 290,111 | 554 | |
Ocean Yield ASA | 143,546 | 319 | |
* | BW Energy Ltd. | 171,054 | 265 |
79,145 | |||
Pakistan (0.2%) | |||
* | Lucky Cement Ltd. | 439,642 | 1,847 |
Engro Corp. Ltd. | 806,673 | 1,528 | |
MCB Bank Ltd. | 1,334,853 | 1,385 | |
* | Hub Power Co. Ltd. | 2,539,691 | 1,296 |
* | Pakistan State Oil Co. Ltd. | 969,874 | 1,200 |
Bank Alfalah Ltd. | 3,898,534 | 802 | |
Pakistan Oilfields Ltd. | 377,786 | 757 | |
Engro Fertilizers Ltd. | 1,631,961 | 656 | |
United Bank Ltd. | 845,938 | 578 | |
Millat Tractors Ltd. | 80,271 | 461 | |
* | DG Khan Cement Co. Ltd. | 613,586 | 414 |
SUI Northern Gas Pipeline | 1,069,700 | 370 | |
* | National Bank of Pakistan | 1,415,000 | 344 |
Nishat Mills Ltd. | 638,126 | 337 | |
* | Fauji Cement Co. Ltd. | 1,914,807 | 253 |
Searle Co. Ltd. | 155,373 | 235 | |
Kot Addu Power Co. Ltd. | 1,328,108 | 233 | |
* | SUI Southern Gas Co. Ltd. | 2,433,500 | 225 |
12,921 | |||
Philippines (0.2%) | |||
Security Bank Corp. | 1,164,019 | 2,313 | |
Robinsons Retail Holdings Inc. | 1,625,620 | 2,155 | |
Robinsons Land Corp. | 5,118,497 | 1,585 | |
First Gen Corp. | 2,111,415 | 1,244 |
100
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Wilcon Depot Inc. | 3,921,800 | 1,160 | |
* | Manila Water Co. Inc. | 3,143,185 | 908 |
Century Pacific Food Inc. | 2,729,800 | 875 | |
Vista Land & Lifescapes Inc. | 11,007,100 | 766 | |
D&L Industries Inc. | 5,839,400 | 751 | |
Nickel Asia Corp. | 8,351,874 | 649 | |
*,1 | CEMEX Holdings Philippines Inc. | 16,558,435 | 540 |
Filinvest Land Inc. | 26,483,400 | 530 | |
* | Cebu Air Inc. | 519,080 | 416 |
* | Altus Property Ventures Inc. | 32,182 | 8 |
13,900 | |||
Poland (0.3%) | |||
1 | PLAY Communications SA | 393,894 | 3,865 |
* | Orange Polska SA | 1,681,528 | 2,585 |
Asseco Poland SA | 141,240 | 2,289 | |
Kernel Holding SA | 130,383 | 1,270 | |
*,^ | Kruk SA | 41,397 | 1,176 |
* | Tauron Polska Energia SA | 2,396,894 | 1,053 |
* | mBank SA | 35,402 | 1,035 |
* | Bank Millennium SA | 1,502,145 | 822 |
Warsaw Stock Exchange | 75,126 | 818 | |
* | Ccc SA | 79,413 | 779 |
*,^ | AmRest Holdings SE | 199,362 | 694 |
* | Enea SA | 592,206 | 677 |
* | Grupa Azoty SA | 128,641 | 667 |
* | Eurocash SA | 215,860 | 634 |
* | Bank Handlowy w Warszawie SA | 89,920 | 628 |
*,^ | Alior Bank SA | 216,689 | 622 |
* | Jastrzebska Spolka Weglowa SA | 142,033 | 547 |
*,^ | Energa SA | 228,147 | 479 |
* | Ciech SA | 70,883 | 466 |
*,§ | getBACK SA | 103,234 | 98 |
* | TEN Square Games SA | 221 | 35 |
21,239 | |||
Portugal (0.2%) | |||
REN - Redes Energeticas Nacionais SGPS SA | 1,020,534 | 2,681 | |
Nos Sgps SA | 567,436 | 1,950 | |
* | Banco Comercial Portugues SA | 20,285,687 | 1,784 |
Sonae SGPS SA | 2,490,746 | 1,468 | |
Navigator Co. SA | 614,182 | 1,353 | |
Corticeira Amorim SGPS SA | 92,514 | 1,061 | |
* | CTT-Correios de Portugal SA | 363,399 | 889 |
Altri SGPS SA | 199,414 | 771 | |
Semapa-Sociedade de Investimento e Gestao | 67,717 | 509 | |
*,^ | Mota-Engil SGPS SA | 239,760 | 307 |
12,773 | |||
Qatar (0.1%) | |||
Al Meera Consumer Goods Co. QSC | 268,776 | 1,476 | |
* | Gulf International Services QSC | 2,328,960 | 985 |
Medicare Group | 376,630 | 889 | |
3,350 | |||
Romania (0.0%) | |||
* | Societatea Nationala Nuclearelectrica SA | 145,074 | 550 |
Russia (0.1%) | |||
1 | Detsky Mir PJSC | 2,048,693 | 2,841 |
LSR Group PJSC Class A | 88,253 | 1,011 | |
M.Video PJSC | 57,250 | 490 | |
Lenenergo PJSC Preference Shares | 261,710 | 481 | |
OGK-2 PJSC | 54,519,850 | 470 | |
Raspadskaya OJSC | 334,801 | 469 | |
* | Mechel PJSC | 543,156 | 371 |
Enel Russia PJSC | 24,680,000 | 281 | |
Tgc-1 PJSC | 2,060,900,000 | 275 |
101
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Tmk PJSC | 352,090 | 248 |
Mechel PJSC Preference Shares | 214,650 | 168 | |
7,105 | |||
Saudi Arabia (0.5%) | |||
Yamama Cement Co. | 274,219 | 1,829 | |
United Electronics Co. | 82,019 | 1,671 | |
Saudi Pharmaceutical Industries & Medical Appliances Corp. | 163,434 | 1,425 | |
Aldrees Petroleum and Transport Services Co. | 75,636 | 1,280 | |
Jadwa REIT Saudi Fund | 360,419 | 1,247 | |
* | Al Hammadi Co. for Development and Investment | 163,136 | 1,229 |
Arabian Cement Co. | 135,286 | 1,109 | |
Eastern Province Cement Co. | 116,312 | 1,075 | |
* | City Cement Co. | 189,435 | 1,011 |
* | National Agriculture Development Co. | 127,408 | 960 |
Najran Cement Co. | 228,612 | 957 | |
Arriyadh Development Co. | 212,718 | 952 | |
Leejam Sports Co. JSC | 57,656 | 951 | |
* | Saudi Real Estate Co. | 234,304 | 911 |
* | Middle East Healthcare Co. | 97,351 | 872 |
United International Transportation Co. | 96,196 | 869 | |
National Medical Care Co. | 60,843 | 845 | |
Dur Hospitality Co. | 122,865 | 842 | |
* | Saudi Ceramic Co. | 81,253 | 840 |
* | Saudi Chemical Co. Holding | 99,184 | 820 |
National Gas & Industrialization Co. | 101,946 | 791 | |
Northern Region Cement Co. | 242,933 | 720 | |
Herfy Food Services Co. | 54,359 | 700 | |
* | Saudi Public Transport Co. | 169,549 | 677 |
* | Astra Industrial Group | 98,812 | 578 |
* | Al Jouf Cement Co. | 191,752 | 533 |
* | Hail Cement Co. | 131,718 | 509 |
* | Mediterranean & Gulf Insurance & Reinsurance Co. | 89,888 | 480 |
* | Tabuk Cement Co. | 121,136 | 468 |
* | Zamil Industrial Investment Co. | 80,585 | 439 |
* | Aseer Trading Tourism & Manufacturing Co. | 121,241 | 389 |
* | Bawan Co. | 71,265 | 386 |
* | Methanol Chemicals Co. | 117,994 | 300 |
* | Abdul Mohsen Al-Hokair Tourism and Development Co. | 74,726 | 255 |
28,920 | |||
Singapore (0.7%) | |||
Frasers Centrepoint Trust | 2,849,677 | 4,411 | |
Keppel Infrastructure Trust | 9,256,746 | 3,699 | |
Parkway Life REIT | 956,081 | 2,834 | |
Manulife US REIT | 3,532,288 | 2,528 | |
Ascendas India Trust | 2,067,700 | 1,970 | |
Cromwell European REIT | 3,618,900 | 1,920 | |
Esr-REIT | 6,185,579 | 1,589 | |
CapitaLand Retail China Trust | 1,827,708 | 1,567 | |
Sheng Siong Group Ltd. | 1,180,100 | 1,442 | |
OUE Commercial REIT | 5,832,509 | 1,391 | |
AEM Holdings Ltd. | 554,100 | 1,372 | |
CDL Hospitality Trusts | 1,870,013 | 1,358 | |
Keppel Pacific Oak US REIT | 1,854,700 | 1,300 | |
Raffles Medical Group Ltd. | 2,250,984 | 1,270 | |
Prime US REIT | 1,583,869 | 1,172 | |
Aims Apac REIT | 1,316,300 | 1,138 | |
First Resources Ltd. | 1,276,529 | 1,132 | |
Far East Hospitality Trust | 2,631,600 | 1,080 | |
Lendlease Global Commercial REIT | 2,395,200 | 1,070 | |
ARA LOGOS Logistics Trust | 2,394,704 | 1,044 | |
Starhill Global REIT | 3,187,408 | 969 | |
Sph REIT | 1,684,900 | 919 | |
Soilbuild Business Space REIT | 2,653,008 | 875 | |
§ | Best World International Ltd. | 751,600 | 714 |
102
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Sabana Shari'ah Compliant Industrial REIT | 2,670,000 | 685 | |
* | Yoma Strategic Holdings Ltd. | 3,478,119 | 650 |
Frasers Hospitality Trust | 2,151,500 | 631 | |
* | Thomson Medical Group Ltd. | 17,556,100 | 592 |
First REIT | 1,485,600 | 435 | |
Asian Pay Television Trust | 4,880,450 | 422 | |
Silverlake Axis Ltd. | 2,106,529 | 387 | |
Lippo Malls Indonesia Retail Trust | 5,686,800 | 367 | |
* | COSCO Shipping International Singapore Co. Ltd. | 2,640,000 | 354 |
§ | Eagle Hospitality Trust | 2,004,300 | 275 |
Bumitama Agri Ltd. | 855,000 | 272 | |
*,§ | Hyflux Ltd. | 1,145,286 | 176 |
*,§ | Noble Group Ltd. | 1,804,400 | 107 |
*,^,§ | Ezra Holdings Ltd. | 4,500,399 | 36 |
*,§ | China Hongxing Sports Ltd. | 831,000 | — |
*,^ | Ezion Holdings Ltd. Warrants Exp. 04/16/2023 | 2,195,796 | — |
44,153 | |||
South Africa (0.5%) | |||
* | Transaction Capital Ltd. | 1,245,339 | 1,521 |
Equites Property Fund Ltd. | 1,456,681 | 1,395 | |
JSE Ltd. | 201,849 | 1,347 | |
AECI Ltd. | 264,471 | 1,240 | |
* | Motus Holdings Ltd. | 455,942 | 1,174 |
DRDGOLD Ltd. | 1,059,082 | 1,171 | |
* | Omnia Holdings Ltd. | 456,110 | 1,068 |
Allied Electronics Corp. Ltd. | 629,922 | 1,035 | |
* | KAP Industrial Holdings Ltd. | 7,029,536 | 1,001 |
* | Super Group Ltd. | 885,295 | 993 |
Imperial Logistics Ltd. | 437,542 | 928 | |
Reunert Ltd. | 443,945 | 916 | |
* | Investec Australia Property Fund | 1,022,965 | 895 |
* | Hyprop Investments Ltd. | 705,339 | 873 |
Cashbuild Ltd. | 62,499 | 846 | |
Astral Foods Ltd. | 105,969 | 751 | |
Vukile Property Fund Ltd. | 2,442,316 | 726 | |
* | Advtech Ltd. | 1,446,432 | 722 |
MAS Real Estate Inc. | 1,139,328 | 716 | |
* | DataTec Ltd. | 498,723 | 676 |
* | Wilson Bayly Holmes-Ovcon Ltd. | 125,274 | 654 |
*,^ | Steinhoff International Holdings NV | 11,946,739 | 634 |
Raubex Group Ltd. | 467,171 | 574 | |
*,^ | Massmart Holdings Ltd. | 282,358 | 573 |
Investec Property Fund Ltd. | 1,192,101 | 550 | |
Famous Brands Ltd. | 206,041 | 546 | |
* | Metair Investments Ltd. | 524,890 | 532 |
SA Corporate Real Estate Ltd. | 7,076,275 | 528 | |
* | Epp NV | 1,310,931 | 467 |
*,^ | Brait SE | 2,121,226 | 461 |
*,^ | Sun International Ltd. | 549,468 | 456 |
^ | Curro Holdings Ltd. | 707,664 | 435 |
Emira Property Fund Ltd. | 1,097,983 | 422 | |
Hudaco Industries Ltd. | 84,261 | 410 | |
Adcock Ingram Holdings Ltd. | 157,488 | 392 | |
* | Blue Label Telecoms Ltd. | 1,741,392 | 379 |
Alexander Forbes Group Holdings Ltd. | 1,818,457 | 377 | |
Attacq Ltd. | 1,912,512 | 366 | |
* | Long4Life Ltd. | 1,942,901 | 322 |
Tsogo Sun Gaming Ltd. | 1,433,944 | 307 | |
^ | Hosken Consolidated Investments Ltd. | 124,644 | 303 |
Zeder Investments Ltd. | 1,431,728 | 234 | |
* | RMB Holdings Ltd. | 2,847,480 | 188 |
Grindrod Ltd. | 461,817 | 106 | |
* | Tsogo Sun Hotels Ltd. | 544,310 | 46 |
*,^ | EOH Holdings Ltd. | 149,727 | 44 |
103
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
*,§ | Great Basin Gold Ltd. | 345,634 | — |
30,300 | |||
South Korea (5.2%) | |||
* | Shin Poong Pharmaceutical Co. Ltd. | 85,151 | 9,475 |
Seegene Inc. | 37,600 | 8,611 | |
SK Chemicals Co. Ltd. | 23,537 | 7,222 | |
* | HMM Co. Ltd. | 705,127 | 5,619 |
* | Genexine Inc. | 47,415 | 4,743 |
Douzone Bizon Co. Ltd. | 46,954 | 4,140 | |
*,^ | KMW Co. Ltd. | 74,245 | 4,115 |
Green Cross Corp. | 13,991 | 3,717 | |
* | MedPacto Inc. | 33,107 | 3,144 |
* | Hugel Inc. | 15,747 | 2,933 |
* | Cellivery Therapeutics Inc. | 15,663 | 2,875 |
* | Pearl Abyss Corp. | 15,550 | 2,765 |
Hansol Chemical Co. Ltd. | 21,089 | 2,631 | |
KIWOOM Securities Co. Ltd. | 28,689 | 2,624 | |
DB HiTek Co. Ltd. | 90,786 | 2,578 | |
GeneOne Life Science Inc. | 102,755 | 2,542 | |
LEENO Industrial Inc. | 23,567 | 2,535 | |
* | WONIK IPS Co. Ltd. | 88,076 | 2,513 |
Chong Kun Dang Pharmaceutical Corp. | 18,037 | 2,438 | |
Com2uSCorp | 24,512 | 2,417 | |
Ecopro BM Co. Ltd. | 21,238 | 2,359 | |
* | HLB Life Science CO Ltd. | 100,386 | 2,342 |
* | Hanall Biopharma Co. Ltd. | 95,090 | 2,340 |
SK Materials Co. Ltd. | 11,810 | 2,326 | |
Ilyang Pharmaceutical Co. Ltd. | 34,439 | 2,178 | |
* | Pharmicell Co. Ltd. | 139,288 | 2,175 |
Koh Young Technology Inc. | 30,817 | 2,169 | |
* | Oscotec Inc. | 59,209 | 2,166 |
Meritz Securities Co. Ltd. | 728,215 | 2,126 | |
* | Soulbrain Co. Ltd. | 10,685 | 2,047 |
* | Doosan Fuel Cell Co. Ltd. | 54,339 | 2,014 |
* | NHN KCP Corp. | 33,675 | 2,001 |
* | Mezzion Pharma Co. Ltd. | 12,670 | 1,997 |
* | LegoChem Biosciences Inc. | 42,034 | 1,968 |
Youngone Corp. | 75,746 | 1,905 | |
Hyundai Elevator Co. Ltd. | 57,708 | 1,903 | |
^ | JYP Entertainment Corp. | 68,501 | 1,868 |
Bukwang Pharmaceutical Co. Ltd. | 89,770 | 1,850 | |
Dongjin Semichem Co. Ltd. | 74,662 | 1,812 | |
Ecopro Co. Ltd. | 45,814 | 1,739 | |
* | Zinus Inc. | 22,161 | 1,729 |
* | GemVax & Kael Co. Ltd. | 89,295 | 1,701 |
LS Electric Co. Ltd. | 38,706 | 1,700 | |
Meritz Fire & Marine Insurance Co. Ltd. | 137,838 | 1,691 | |
Sam Chun Dang Pharm Co. Ltd. | 35,812 | 1,691 | |
Eo Technics Co. Ltd. | 20,966 | 1,636 | |
L&F Co. Ltd. | 46,798 | 1,635 | |
* | Hyundai Rotem Co. Ltd. | 123,088 | 1,626 |
Iljin Materials Co. Ltd. | 42,286 | 1,607 | |
Hyosung Corp. | 24,348 | 1,597 | |
JB Financial Group Co. Ltd. | 352,509 | 1,593 | |
* | Chabiotech Co. Ltd. | 104,176 | 1,567 |
Cosmax Inc. | 16,558 | 1,542 | |
* | Chunbo Co. Ltd. | 11,567 | 1,531 |
Hanjin Transportation Co. Ltd. | 36,539 | 1,525 | |
SK Discovery Co. Ltd. | 27,101 | 1,513 | |
* | Pan Ocean Co. Ltd. | 466,114 | 1,484 |
NICE Information Service Co. Ltd. | 83,904 | 1,445 | |
Innocean Worldwide Inc. | 27,102 | 1,413 | |
Seoul Semiconductor Co. Ltd. | 90,928 | 1,407 | |
* | Yungjin Pharmaceutical Co. Ltd. | 221,981 | 1,398 |
104
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Green Cross Holdings Corp. | 69,724 | 1,387 | |
SFA Engineering Corp. | 42,876 | 1,384 | |
DoubleUGames Co. Ltd. | 25,193 | 1,375 | |
* | Ace Technologies Corp. | 76,931 | 1,366 |
* | ABLBio Inc. | 61,143 | 1,357 |
Korean Reinsurance Co. | 206,804 | 1,357 | |
Kolon Industries Inc. | 42,976 | 1,352 | |
Korea Petrochemical Ind Co. Ltd. | 7,834 | 1,347 | |
Daishin Securities Co. Ltd. | 113,024 | 1,345 | |
Kolmar Korea Co. Ltd. | 34,367 | 1,345 | |
* | Webzen Inc. | 46,100 | 1,307 |
* | ST Pharm Co. Ltd. | 24,468 | 1,304 |
* | Binex Co. Ltd. | 60,173 | 1,302 |
* | Enzychem Lifesciences Corp. | 15,736 | 1,299 |
* | CrystalGenomics Inc. | 99,253 | 1,295 |
DongKook Pharmaceutical Co. Ltd. | 59,744 | 1,278 | |
* | L&C Bio Co. Ltd. | 33,135 | 1,264 |
F&F Co. Ltd. | 15,643 | 1,263 | |
* | RFHIC Corp. | 40,935 | 1,259 |
*,^ | G-treeBNT Co. Ltd. | 51,500 | 1,258 |
IS Dongseo Co. Ltd. | 36,797 | 1,243 | |
* | S&S Tech Corp. | 40,013 | 1,198 |
* | Amicogen Inc. | 43,933 | 1,197 |
Jeil Pharmaceutical Co. Ltd. | 20,823 | 1,170 | |
* | BH Co. Ltd. | 64,134 | 1,162 |
Daesang Corp. | 53,709 | 1,142 | |
* | CMG Pharmaceutical Co. Ltd. | 284,222 | 1,140 |
* | Studio Dragon Corp. | 16,306 | 1,133 |
Poongsan Corp. | 51,997 | 1,131 | |
LOTTE Reit Co. Ltd. | 235,154 | 1,123 | |
*,^ | Komipharm International Co. Ltd. | 101,405 | 1,116 |
Daewoong Co. Ltd. | 53,469 | 1,115 | |
Daou Technology Inc. | 66,579 | 1,106 | |
Foosung Co. Ltd. | 139,084 | 1,104 | |
* | Lotte Tour Development Co. Ltd. | 85,365 | 1,091 |
^ | Dawonsys Co. Ltd. | 58,144 | 1,081 |
* | SM Entertainment Co. Ltd. | 41,762 | 1,072 |
Hyosung TNC Co. Ltd. | 8,298 | 1,054 | |
* | Medipost Co. Ltd. | 39,784 | 1,052 |
* | Kumho Tire Co. Inc. | 333,389 | 1,048 |
Huchems Fine Chemical Corp. | 51,296 | 1,040 | |
*,^ | Naturecell Co. Ltd. | 126,989 | 1,031 |
* | Hyosung Advanced Materials Corp. | 8,561 | 1,017 |
AfreecaTV Co. Ltd. | 19,153 | 1,016 | |
* | YG Entertainment Inc. | 29,370 | 1,013 |
NEPES Corp. | 38,979 | 986 | |
Silicon Works Co. Ltd. | 24,135 | 973 | |
* | TY Holdings Co. Ltd. | 54,120 | 971 |
* | Kuk-il Paper Manufacturing Co. Ltd. | 227,773 | 968 |
JW Pharmaceutical Corp. | 35,383 | 967 | |
* | Telcon RF Pharmaceutical Inc. | 180,089 | 961 |
Tokai Carbon Korea Co. Ltd. | 11,725 | 959 | |
LG Hausys Ltd. | 16,384 | 959 | |
Mcnex Co. Ltd. | 32,451 | 952 | |
PI Advanced Materials Co. Ltd. | 36,751 | 936 | |
LG International Corp. | 68,244 | 936 | |
* | Osstem Implant Co. Ltd. | 27,195 | 935 |
*,^ | Hyosung Heavy Industries Corp. | 17,828 | 933 |
Handsome Co. Ltd. | 37,614 | 930 | |
Dong-A ST Co. Ltd. | 12,521 | 928 | |
Partron Co. Ltd. | 107,340 | 924 | |
Daewoong Pharmaceutical Co. Ltd. | 11,389 | 921 | |
* | CJ CGV Co. Ltd. | 51,134 | 913 |
S&T Motiv Co. Ltd. | 20,346 | 909 |
105
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
HDC Holdings Co. Ltd. | 102,530 | 907 | |
Ahnlab Inc. | 16,268 | 907 | |
* | Asiana Airlines Inc. | 282,679 | 902 |
LOTTE Himart Co. Ltd. | 33,164 | 901 | |
Hana Tour Service Inc. | 26,169 | 898 | |
* | Ananti Inc. | 120,746 | 893 |
* | SFA Semicon Co. Ltd. | 203,500 | 889 |
Eugene Technology Co. Ltd. | 37,051 | 889 | |
* | Hyundai Bioscience Co. Ltd. | 90,905 | 887 |
Samyang Holdings Corp. | 15,884 | 871 | |
Hankook Technology Group Co. Ltd. | 66,240 | 871 | |
NICE Holdings Co. Ltd. | 54,397 | 867 | |
* | Duk San Neolux Co. Ltd. | 32,927 | 865 |
Daea TI Co. Ltd. | 164,696 | 838 | |
* | Dongkuk Steel Mill Co. Ltd. | 154,489 | 829 |
Taekwang Industrial Co. Ltd. | 1,305 | 822 | |
^ | TES Co. Ltd. | 37,252 | 819 |
Wemade Co. Ltd. | 23,170 | 814 | |
Dong-A Socio Holdings Co. Ltd. | 8,656 | 813 | |
OptoElectronics Solutions Co. Ltd. | 20,813 | 811 | |
Korea Electric Terminal Co. Ltd. | 19,831 | 808 | |
* | Daeduck Electronics Co. Ltd. | 91,851 | 806 |
Hyundai Home Shopping Network Corp. | 12,893 | 806 | |
Shinsegae International Inc. | 6,396 | 805 | |
* | Hyundai Electric & Energy System Co. Ltd. | 60,403 | 804 |
Huons Co. Ltd. | 16,099 | 796 | |
* | DIO Corp. | 30,641 | 794 |
* | AbClon Inc. | 32,156 | 791 |
HS Industries Co. Ltd. | 125,463 | 786 | |
* | iNtRON Biotechnology Inc. | 64,625 | 780 |
* | ITM Semiconductor Co. Ltd. | 18,966 | 779 |
* | NKMax Co. Ltd. | 67,449 | 779 |
* | Cafe24 Corp. | 15,617 | 774 |
GS Home Shopping Inc. | 6,302 | 773 | |
* | Hyundai Construction Equipment Co. Ltd. | 33,936 | 751 |
Hyundai Greenfood Co. Ltd. | 116,478 | 749 | |
SK Gas Ltd. | 7,989 | 744 | |
Chongkundang Holdings Corp. | 8,478 | 730 | |
LIG Nex1 Co. Ltd. | 29,425 | 730 | |
Posco ICT Co. Ltd. | 122,474 | 725 | |
Hansae Co. Ltd. | 45,730 | 718 | |
Samwha Capacitor Co. Ltd. | 15,891 | 715 | |
* | Eutilex Co. Ltd. | 25,460 | 711 |
^ | Toptec Co. Ltd. | 52,831 | 707 |
Binggrae Co. Ltd. | 14,103 | 693 | |
Hyosung Chemical Corp. | 6,184 | 693 | |
Mirae Asset Life Insurance Co. Ltd. | 206,419 | 691 | |
Korea Real Estate Investment & Trust Co. Ltd. | 430,953 | 684 | |
Kwang Dong Pharmaceutical Co. Ltd. | 84,982 | 682 | |
Dongwon Industries Co. Ltd. | 3,788 | 676 | |
Doosan Co. Ltd. | 15,897 | 657 | |
* | KH Vatec Co. Ltd. | 43,509 | 656 |
Meritz Financial Group Inc. | 78,041 | 650 | |
* | Hancom Inc. | 42,708 | 649 |
* | Aprogen pharmaceuticals Inc. | 579,812 | 644 |
* | Insun ENT Co. Ltd. | 79,868 | 643 |
LF Corp. | 49,271 | 638 | |
Orion Holdings Corp. | 56,824 | 623 | |
SK Securities Co. Ltd. | 993,965 | 616 | |
* | Neowiz | 32,859 | 610 |
* | Dentium Co. Ltd. | 18,363 | 607 |
Young Poong Corp. | 1,401 | 597 | |
Hyundai Bioland Co. Ltd. | 29,899 | 590 | |
i-SENS Inc. | 24,133 | 583 |
106
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Advanced Process Systems Corp. | 31,225 | 581 | |
Jusung Engineering Co. Ltd. | 93,719 | 578 | |
*,^ | STCube | 76,827 | 572 |
Halla Holdings Corp. | 20,210 | 567 | |
SL Corp. | 43,929 | 564 | |
* | Namsun Aluminum Co. Ltd. | 160,082 | 561 |
Grand Korea Leisure Co. Ltd. | 52,019 | 553 | |
Green Cross Cell Corp. | 16,350 | 551 | |
* | Yuanta Securities Korea Co. Ltd. | 228,535 | 547 |
Hansol Paper Co. Ltd. | 45,296 | 547 | |
Songwon Industrial Co. Ltd. | 43,395 | 546 | |
* | Anterogen Co. Ltd. | 13,805 | 537 |
KC Tech Co. Ltd. | 27,079 | 535 | |
* | Innox Advanced Materials Co. Ltd. | 13,596 | 533 |
Sebang Global Battery Co. Ltd. | 21,912 | 532 | |
* | Hanwha General Insurance Co. Ltd. | 214,609 | 531 |
Sangsangin Co. Ltd. | 102,715 | 530 | |
*,^ | Feelux Co. Ltd. | 199,587 | 528 |
* | Taihan Electric Wire Co. Ltd. | 680,193 | 525 |
* | Hansol Technics Co. Ltd. | 68,783 | 525 |
Tongyang Inc. | 532,648 | 524 | |
Cuckoo Homesys Co. Ltd. | 15,214 | 522 | |
* | Peptron Inc. | 38,025 | 521 |
GOLFZON Co. Ltd. | 8,201 | 516 | |
Korea Asset In Trust Co. Ltd. | 157,464 | 514 | |
Eugene Investment & Securities Co. Ltd. | 160,188 | 508 | |
Taeyoung Engineering & Construction Co. Ltd. | 56,138 | 497 | |
* | Inscobee Inc. | 249,139 | 496 |
* | Dongsung Pharmaceutical Co. Ltd. | 50,063 | 493 |
Soulbrain Holdings Co. Ltd. | 12,902 | 492 | |
Maeil Dairies Co. Ltd. | 8,362 | 491 | |
*,^ | CUROCOM Co. Ltd. | 256,954 | 489 |
Vieworks Co. Ltd. | 18,963 | 483 | |
Kumho Industrial Co. Ltd. | 77,587 | 481 | |
Modetour Network Inc. | 39,029 | 479 | |
Youlchon Chemical Co. Ltd. | 35,627 | 478 | |
* | Samsung Pharmaceutical Co. Ltd. | 151,444 | 475 |
Youngone Holdings Co. Ltd. | 15,049 | 474 | |
KEPCO Engineering & Construction Co. Inc. | 34,484 | 474 | |
NS Shopping Co. Ltd. | 43,145 | 467 | |
INTOPS Co. Ltd. | 32,416 | 467 | |
* | Hanwha Investment & Securities Co. Ltd. | 302,293 | 463 |
Harim Holdings Co. Ltd. | 80,164 | 461 | |
JW Holdings Corp. | 97,544 | 456 | |
Daishin Securities Co. Ltd. Preference Shares | 51,565 | 454 | |
Dongwon F&B Co. Ltd. | 3,168 | 452 | |
Nexen Tire Corp. | 96,410 | 447 | |
KC Co. Ltd. | 20,946 | 442 | |
*,^ | Ssangyong Motor Co. | 112,625 | 437 |
* | Korea Line Corp. | 306,360 | 433 |
Hanil Cement Co. Ltd. | 6,109 | 431 | |
^ | ICD Co. Ltd. | 33,810 | 430 |
iMarketKorea Inc. | 55,985 | 421 | |
* | Lock&Lock Co. Ltd. | 44,755 | 412 |
Samyang Corp. | 9,595 | 409 | |
* | Vidente Co. Ltd. | 71,867 | 407 |
Samchully Co. Ltd. | 5,968 | 402 | |
Kolmar Korea Holdings Co. Ltd. | 19,122 | 402 | |
InBody Co. Ltd. | 29,375 | 396 | |
Sungwoo Hitech Co. Ltd. | 122,165 | 384 | |
* | Seobu T&D | 70,614 | 381 |
Namhae Chemical Corp. | 53,954 | 379 | |
* | Interflex Co. Ltd. | 29,810 | 357 |
Huons Global Co. Ltd. | 14,285 | 356 |
107
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Market | |||
Value | |||
Shares | ($000) | ||
* | Gamevil Inc. | 13,217 | 354 |
KT Skylife Co. Ltd. | 41,471 | 348 | |
Dae Hwa Pharmaceutical Co. Ltd. | 29,499 | 347 | |
SPC Samlip Co. Ltd. | 6,196 | 346 | |
Dae Han Flour Mills Co. Ltd. | 2,819 | 346 | |
* | Wonik Holdings Co. Ltd. | 92,558 | 345 |
Hyundai Livart Furniture Co. Ltd. | 25,119 | 342 | |
* | KCC Glass Corp. | 12,994 | 341 |
Kolon Corp. | 18,758 | 337 | |
Aekyung Industrial Co. Ltd. | 17,509 | 336 | |
*,^ | Able C&C Co. Ltd. | 51,601 | 333 |
Lotte Confectionery Co. Ltd. | 3,730 | 325 | |
* | Coreana Cosmetics Co. Ltd. | 68,106 | 320 |
E1 Corp. | 7,458 | 299 | |
Humedix Co. Ltd. | 15,501 | 297 | |
Kyobo Securities Co. Ltd. | 50,102 | 295 | |
Woongjin Thinkbig Co. Ltd. | 129,117 | 294 | |
KISWIRE Ltd. | 24,022 | 294 | |
Cuckoo Holdings Co. Ltd. | 3,633 | 293 | |
* | Hansol Holdings Co. Ltd. | 99,336 | 293 |
KTB Investment & Securities Co. Ltd. | 128,611 | 290 | |
Namyang Dairy Products Co. Ltd. | 1,233 | 278 | |
*,^,§ | Cellumed Co. Ltd. | 52,681 | 278 |
Lotte Food Co. Ltd. | 1,024 | 276 | |
Interpark Corp. | 146,125 | 275 | |
BGF Co. Ltd. | 75,083 | 266 | |
Seah Besteel Corp. | 31,536 | 263 | |
Hankook Shell Oil Co. Ltd. | 1,227 | 259 | |
Tongyang Life Insurance Co. Ltd. | 92,674 | 259 | |
KISCO Corp. | 62,329 | 256 | |
Sung Kwang Bend Co. Ltd. | 48,276 | 252 | |
LG HelloVision Co. Ltd. | 73,933 | 249 | |
* | Eusu Holdings Co. Ltd. | 52,646 | 248 |
Daekyo Co. Ltd. | 70,719 | 236 | |
DB Financial Investment Co. Ltd. | 68,332 | 233 | |
^ | Hanil Holdings Co. Ltd. | 5,756 | 229 |
* | Homecast Co. Ltd. | 86,531 | 227 |
Daeduck Co. Ltd. | 41,388 | 225 | |
* | Lutronic Corp. | 51,403 | 224 |
Cell Biotech Co. Ltd. | 15,415 | 216 | |
* | COSON Co. Ltd. | 45,968 | 213 |
^ | Hyundai Corp. | 17,365 | 212 |
AK Holdings Inc. | 13,753 | 209 | |
* | Muhak Co. Ltd. | 36,702 | 206 |
*,^ | SBS Media Holdings Co. Ltd. | 136,117 | 198 |
* | Byucksan Corp. | 121,320 | 196 |
Sindoh Co. Ltd. | 9,770 | 191 | |
Sam Young Electronics Co. Ltd. | 27,627 | 191 | |
* | GNCO Co. Ltd. | 190,589 | 185 |
CJ Freshway Corp. | 12,744 | 183 | |
S&T Dynamics Co. Ltd. | 36,640 | 169 | |
*,§ | Yuyang DNU Co. Ltd. | 147,206 | 158 |
*,^ | Agabang&Company | 67,922 | 153 |
TK Corp. | 18,731 | 98 | |
*,§ | Esmo Corp. | 271,200 | 97 |
* | Doosan Fuel Cell Co. Ltd. Rights Exp. 12/08/2020 | 7,089 | 49 |
*,§ | Tera Resource Co. Ltd. | 42,004 | 2 |
*,§ | CNK International Co. Ltd. | 35,374 | — |
*,§ | SSCP Co. Ltd. | 20,873 | — |
319,619 | |||
Spain (1.1%) | |||
Viscofan SA | 102,842 | 6,943 | |
Pharma Mar SA | 35,836 | 4,811 | |
Ebro Foods SA | 205,087 | 4,592 |
108
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Market | |||
Value | |||
Shares | ($000) | ||
Banco de Sabadell SA | 14,736,247 | 4,509 | |
* | Acerinox SA | 469,402 | 3,726 |
Fluidra SA | 171,069 | 3,091 | |
* | Solaria Energia y Medio Ambiente SA | 154,223 | 3,001 |
* | Applus Services SA | 365,467 | 2,865 |
Cia de Distribucion Integral Logista Holdings SA | 164,777 | 2,782 | |
Faes Farma SA | 716,270 | 2,699 | |
CIE Automotive SA | 133,751 | 2,618 | |
1 | Euskaltel SA | 248,591 | 2,364 |
*,1 | Neinor Homes SA | 183,799 | 2,219 |
Almirall SA | 183,077 | 1,958 | |
* | Indra Sistemas SA | 316,196 | 1,896 |
* | Construcciones y Auxiliar de Ferrocarriles SA | 47,928 | 1,518 |
* | Sacyr SA | 881,452 | 1,499 |
Prosegur Cia de Seguridad SA | 607,595 | 1,392 | |
*,1 | Unicaja Banco SA | 2,132,884 | 1,366 |
1 | Gestamp Automocion SA | 429,337 | 1,313 |
* | Mediaset Espana Comunicacion SA | 381,354 | 1,275 |
1 | Global Dominion Access SA | 319,263 | 1,136 |
*,1 | Aedas Homes SA | 56,425 | 1,117 |
* | Liberbank SA | 3,628,379 | 971 |
* | Melia Hotels International SA | 260,535 | 966 |
*,^ | Promotora de Informaciones SA | 1,142,309 | 854 |
1 | Prosegur Cash SA | 1,057,266 | 818 |
*,^ | Ence Energia y Celulosa SA | 318,550 | 711 |
*,1 | Metrovacesa SA | 124,554 | 702 |
*,^ | Distribuidora Internacional de Alimentacion SA | 4,653,200 | 610 |
Lar Espana Real Estate Socimi SA | 166,784 | 595 | |
Atresmedia Corp. de Medios de Comunicacion SA | 219,674 | 576 | |
* | Tecnicas Reunidas SA | 68,312 | 548 |
* | NH Hotel Group SA | 62,094 | 155 |
*,^,§ | Let's GOWEX SA | 31,105 | — |
68,196 | |||
Sweden (4.1%) | |||
* | Indutrade AB | 243,051 | 12,305 |
Getinge AB | 582,659 | 11,408 | |
*,1 | Thule Group AB | 272,211 | 8,906 |
Fabege AB | 687,463 | 8,681 | |
* | Aak Ab | 445,554 | 8,672 |
*,1 | Dometic Group AB | 773,798 | 8,364 |
BillerudKorsnas AB | 455,775 | 7,120 | |
^ | Samhallsbyggnadsbolaget i Norden AB (Ordinary Shares) | 2,426,697 | 6,679 |
Axfood AB | 278,952 | 6,484 | |
Wihlborgs Fastigheter AB | 340,709 | 6,141 | |
* | Nordic Entertainment Group AB Class B | 170,219 | 6,076 |
Avanza Bank Holding AB | 318,641 | 6,069 | |
1 | Bravida Holding AB | 520,535 | 6,002 |
* | AF Poyry AB | 251,256 | 5,741 |
* | Hexpol AB | 643,502 | 5,668 |
Wallenstam AB | 419,758 | 5,564 | |
AddTech AB | 491,066 | 5,427 | |
Beijer Ref AB Class B | 189,485 | 5,246 | |
Jm Ab | 179,775 | 5,192 | |
* | Peab AB Class B | 518,151 | 4,796 |
* | SSAB AB Class B | 1,680,396 | 4,533 |
* | NetEnt AB | 471,244 | 4,469 |
* | Loomis AB Class B | 196,893 | 4,392 |
^ | Intrum AB | 175,915 | 4,299 |
Bure Equity AB | 141,683 | 4,111 | |
Kungsleden AB | 483,505 | 4,103 | |
Arjo AB | 575,911 | 4,094 | |
* | Sectra AB Class B | 66,718 | 4,065 |
* | Vitrolife AB | 165,366 | 4,023 |
Hufvudstaden AB Class A | 303,430 | 3,961 |
109
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Market | |||
Value | |||
Shares | ($000) | ||
NCC AB Class B | 244,565 | 3,898 | |
Mycronic AB | 178,556 | 3,767 | |
* | Nolato AB Class B | 44,637 | 3,713 |
* | Nyfosa AB | 443,419 | 3,666 |
* | Biotage AB | 181,152 | 3,017 |
Lindab International AB | 189,776 | 2,930 | |
Catena AB | 64,315 | 2,618 | |
* | Bilia AB | 194,678 | 2,590 |
* | Hansa Biopharma AB | 96,327 | 2,569 |
* | Modern Times Group MTG AB Class B | 181,835 | 2,422 |
* | Betsson AB | 307,255 | 2,341 |
* | Pandox AB Class B | 228,726 | 2,284 |
* | Electrolux Professional AB Class B | 595,256 | 2,244 |
*,1 | Munters Group AB | 293,434 | 2,183 |
Klovern AB | 1,408,229 | 2,146 | |
Atrium Ljungberg AB | 127,793 | 2,065 | |
Ratos AB | 493,464 | 1,798 | |
* | Nobia AB | 287,310 | 1,732 |
* | Bonava AB | 214,378 | 1,666 |
*,1 | Resurs Holding AB | 361,932 | 1,655 |
Dios Fastigheter AB | 233,989 | 1,638 | |
* | Concentric AB | 95,746 | 1,586 |
* | Karo Pharma AB | 214,344 | 1,528 |
* | SSAB AB Class A | 508,787 | 1,476 |
* | Cloetta AB | 548,981 | 1,290 |
SkiStar AB | 113,977 | 1,278 | |
*,1 | Attendo AB | 265,480 | 1,216 |
Klovern AB Preference Shares | 34,176 | 1,205 | |
Sagax AB | 321,872 | 1,121 | |
* | Mekonomen AB | 114,428 | 1,110 |
Investment AB Oresund | 82,303 | 1,089 | |
* | Adapteo Oyj | 117,477 | 1,079 |
Clas Ohlson AB | 108,759 | 962 | |
*,^,1 | Scandic Hotels Group AB | 365,804 | 928 |
*,^ | SAS AB | 4,707,009 | 517 |
Samhallsbyggnadsbolaget i Norden AB | 124,099 | 403 | |
*,^ | Collector AB | 223,259 | 361 |
Ncc Ab Class A | 16,038 | 257 | |
Sagax AB Preference Shares | 35,820 | 143 | |
*,^ | SAS AB (XSTO) | 272,993 | 48 |
253,130 | |||
Switzerland (3.8%) | |||
Tecan Group AG | 30,827 | 14,628 | |
* | ams AG | 662,974 | 14,195 |
Sunrise Communications Group AG | 83,109 | 9,961 | |
Belimo Holding AG | 1,208 | 8,984 | |
Cembra Money Bank AG | 76,594 | 8,510 | |
1 | Galenica AG | 125,857 | 7,937 |
Allreal Holding AG | 37,130 | 7,864 | |
* | Idorsia Ltd. | 295,213 | 7,747 |
Bucher Industries AG | 17,043 | 6,570 | |
Siegfried Holding AG | 10,287 | 6,513 | |
* | Softwareone Holding AG | 250,743 | 6,172 |
Bachem Holding AG | 14,473 | 5,851 | |
* | Zur Rose Group AG | 19,415 | 5,402 |
^ | Stadler Rail AG | 127,614 | 5,076 |
Mobimo Holding AG | 16,813 | 4,859 | |
Emmi AG | 5,090 | 4,808 | |
Bkw AG | 47,508 | 4,719 | |
*,^ | Dufry AG | 123,143 | 4,650 |
Vontobel Holding AG | 72,403 | 4,443 | |
Daetwyler Holding AG | 19,113 | 4,276 | |
SFS Group AG | 44,717 | 4,174 | |
Forbo Holding AG | 2,699 | 4,132 |
110
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Market | |||
Value | |||
Shares | ($000) | ||
Interroll Holding AG | 1,424 | 3,826 | |
Inficon Holding AG | 4,978 | 3,655 | |
^ | dormakaba Holding AG | 7,707 | 3,544 |
* | Landis&Gyr Group AG | 63,007 | 3,519 |
Conzzeta AG | 3,338 | 3,365 | |
Valiant Holding AG | 40,925 | 3,283 | |
Schweiter Technologies AG | 2,363 | 3,227 | |
St. Galler Kantonalbank AG | 7,440 | 3,140 | |
VZ Holding AG | 37,220 | 3,128 | |
Huber & Suhner AG | 42,998 | 3,101 | |
Berner Kantonalbank AG | 12,394 | 2,820 | |
Kardex Holding AG | 14,991 | 2,647 | |
Comet Holding AG | 18,738 | 2,634 | |
LEM Holding SA | 1,310 | 2,375 | |
1 | Sunrise Communications Group AG (XSWX) | 18,975 | 2,283 |
Burckhardt Compression Holding AG | 7,935 | 1,987 | |
Vetropack Holding AG | 34,531 | 1,926 | |
Swissquote Group Holding SA | 24,122 | 1,921 | |
ALSO Holding AG | 7,507 | 1,756 | |
Intershop Holding AG | 2,827 | 1,733 | |
Liechtensteinische Landesbank AG | 30,434 | 1,718 | |
* | Komax Holding AG | 8,706 | 1,577 |
*,^ | COSMO Pharmaceuticals NV | 17,947 | 1,451 |
*,1 | Medacta Group SA | 16,984 | 1,440 |
* | Arbonia AG | 121,869 | 1,353 |
*,^ | Basilea Pharmaceutica AG | 26,687 | 1,297 |
* | Aryzta AG | 2,437,695 | 1,224 |
Bell Food Group AG | 4,742 | 1,202 | |
Bossard Holding AG | 7,107 | 1,155 | |
EFG International AG | 206,086 | 1,117 | |
* | Valora Holding AG | 7,768 | 1,109 |
Ypsomed Holding AG | 8,705 | 1,082 | |
Zehnder Group AG | 22,276 | 1,065 | |
Leonteq AG | 29,310 | 1,035 | |
* | Ascom Holding AG | 84,738 | 1,016 |
* | Autoneum Holding AG | 7,828 | 969 |
^ | Bobst Group SA | 19,336 | 930 |
u-blox Holding AG | 16,745 | 842 | |
^ | Implenia AG | 40,365 | 810 |
* | Hiag Immobilien Holding AG | 7,643 | 775 |
VP Bank AG | 6,440 | 731 | |
Rieter Holding AG | 8,384 | 722 | |
* | GAM Holding AG | 427,895 | 692 |
* | Apg Sga SA | 2,878 | 560 |
* | Ina Invest Holding AG | 13,752 | 256 |
*,§ | Petroplus | 36,495 | — |
233,469 | |||
Taiwan (7.5%) | |||
Merida Industry Co. Ltd. | 650,055 | 6,338 | |
WPG Holdings Ltd. | 3,892,137 | 5,286 | |
Macronix International | 4,645,386 | 5,214 | |
Tripod Technology Corp. | 1,281,327 | 5,095 | |
Simplo Technology Co. Ltd. | 449,631 | 5,015 | |
Sino-American Silicon Products Inc. | 1,384,945 | 4,839 | |
Chroma ATE Inc. | 1,012,040 | 4,822 | |
Voltronic Power Technology Corp. | 138,456 | 4,749 | |
Winbond Electronics Corp. | 7,577,614 | 4,501 | |
Radiant Opto-Electronics Corp. | 1,135,147 | 4,472 | |
ASPEED Technology Inc. | 89,437 | 4,329 | |
Compeq Manufacturing Co. Ltd. | 2,833,471 | 4,325 | |
Phison Electronics Corp. | 413,962 | 4,309 | |
Poya International Co. Ltd. | 195,535 | 4,223 | |
Ruentex Development Co. Ltd. | 2,871,525 | 3,971 | |
Elite Material Co. Ltd. | 723,519 | 3,802 |
111
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Market | |||
Value | |||
Shares | ($000) | ||
ITEQ Corp. | 864,301 | 3,631 | |
Highwealth Construction Corp. | 2,494,375 | 3,623 | |
eMemory Technology Inc. | 181,000 | 3,620 | |
Sinbon Electronics Co. Ltd. | 516,066 | 3,479 | |
Elan Microelectronics Corp. | 733,545 | 3,465 | |
Chipbond Technology Corp. | 1,560,852 | 3,419 | |
Lien Hwa Industrial Holdings Corp. | 2,430,876 | 3,401 | |
International Games System Co. Ltd. | 128,213 | 3,374 | |
King's Town Bank Co. Ltd. | 2,482,193 | 3,365 | |
Makalot Industrial Co. Ltd. | 489,624 | 3,246 | |
Gigabyte Technology Co. Ltd. | 1,269,271 | 3,194 | |
FLEXium Interconnect Inc. | 765,140 | 3,124 | |
E Ink Holdings Inc. | 2,300,708 | 3,089 | |
King Yuan Electronics Co. Ltd. | 2,870,963 | 3,014 | |
IBF Financial Holdings Co. Ltd. | 7,200,629 | 2,962 | |
* | United Renewable Energy Co. Ltd. | 5,425,044 | 2,878 |
Lotes Co. Ltd. | 186,120 | 2,846 | |
Cheng Loong Corp. | 2,366,920 | 2,812 | |
United Integrated Services Co. Ltd. | 391,200 | 2,716 | |
Taichung Commercial Bank Co. Ltd. | 7,079,407 | 2,687 | |
Goldsun Building Materials Co. Ltd. | 2,916,402 | 2,676 | |
Nantex Industry Co. Ltd. | 968,000 | 2,615 | |
Nan Kang Rubber Tire Co. Ltd. | 1,780,107 | 2,584 | |
Ruentex Industries Ltd. | 1,111,496 | 2,575 | |
TA Chen Stainless Pipe | 3,299,242 | 2,530 | |
Great Wall Enterprise Co. Ltd. | 1,607,190 | 2,529 | |
* | Microbio Co. Ltd. | 981,562 | 2,495 |
Standard Foods Corp. | 1,160,708 | 2,483 | |
Taiwan Surface Mounting Technology Corp. | 752,530 | 2,479 | |
CTCI Corp. | 1,782,667 | 2,428 | |
YFY Inc. | 3,538,000 | 2,404 | |
China Petrochemical Development Corp. | 7,933,330 | 2,375 | |
Merry Electronics Co. Ltd. | 479,383 | 2,366 | |
Far Eastern Department Stores Ltd. | 2,848,043 | 2,352 | |
Bizlink Holding Inc. | 304,651 | 2,343 | |
Tong Hsing Electronic Industries Ltd. | 516,961 | 2,282 | |
Mitac Holdings Corp. | 2,291,617 | 2,264 | |
Nan Ya Printed Circuit Board Corp. | 544,000 | 2,201 | |
Qisda Corp. | 3,312,000 | 2,170 | |
Tung Ho Steel Enterprise Corp. | 2,031,150 | 2,148 | |
TCI Co. Ltd. | 266,067 | 2,125 | |
Jentech Precision Industrial Co. Ltd. | 201,698 | 2,106 | |
Taiwan Union Technology Corp. | 624,000 | 2,079 | |
Run Long Construction Co. Ltd. | 916,800 | 2,029 | |
Fusheng Precision Co. Ltd. | 318,000 | 2,004 | |
General Interface Solution Holding Ltd. | 497,000 | 1,976 | |
Alchip Technologies Ltd. | 116,000 | 1,969 | |
Chilisin Electronics Corp. | 530,440 | 1,961 | |
Global Unichip Corp. | 213,649 | 1,939 | |
* | HannStar Display Corp. | 5,931,810 | 1,905 |
Shin Zu Shing Co. Ltd. | 377,224 | 1,876 | |
TXC Corp. | 678,877 | 1,831 | |
Huaku Development Co. Ltd. | 597,499 | 1,812 | |
* | Century Iron & Steel Industrial Co. Ltd. | 397,000 | 1,807 |
Wistron NeWeb Corp. | 671,495 | 1,775 | |
Pixart Imaging Inc. | 297,920 | 1,774 | |
* | Adimmune Corp. | 864,343 | 1,769 |
Kinsus Interconnect Technology Corp. | 729,282 | 1,766 | |
AP Memory Technology Corp. | 162,577 | 1,717 | |
* | XinTec Inc. | 406,000 | 1,711 |
* | Grand Pacific Petrochemical | 2,142,928 | 1,707 |
Asia Vital Components Co. Ltd. | 712,337 | 1,679 | |
Center Laboratories Inc. | 755,647 | 1,677 | |
LandMark Optoelectronics Corp. | 177,600 | 1,648 |
112
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Market | |||
Value | |||
Shares | ($000) | ||
Hota Industrial Manufacturing Co. Ltd. | 529,323 | 1,629 | |
Taiwan Paiho Ltd. | 651,183 | 1,620 | |
Sercomm Corp. | 629,000 | 1,616 | |
Advanced Ceramic X Corp. | 128,000 | 1,606 | |
Chung-Hsin Electric & Machinery Manufacturing Corp. | 929,625 | 1,567 | |
Topco Scientific Co. Ltd. | 390,793 | 1,567 | |
Clevo Co. | 1,536,944 | 1,555 | |
Arcadyan Technology Corp. | 441,737 | 1,544 | |
Getac Technology Corp. | 935,000 | 1,539 | |
Solar Applied Materials Technology Co. | 1,024,000 | 1,536 | |
King Slide Works Co. Ltd. | 151,675 | 1,528 | |
Grape King Bio Ltd. | 263,000 | 1,528 | |
Charoen Pokphand Enterprise | 634,000 | 1,525 | |
* | TaiMed Biologics Inc. | 487,000 | 1,525 |
Cheng Uei Precision Industry Co. Ltd. | 1,076,000 | 1,523 | |
Jih Sun Financial Holdings Co. Ltd. | 4,134,262 | 1,520 | |
Ardentec Corp. | 1,291,851 | 1,512 | |
Taiwan Hon Chuan Enterprise Co. Ltd. | 739,401 | 1,511 | |
Tong Yang Industry Co. Ltd. | 1,143,919 | 1,509 | |
* | PharmaEssentia Corp. | 533,204 | 1,494 |
USI Corp. | 2,399,784 | 1,482 | |
International CSRC Investment Holdings Co. | 2,144,997 | 1,472 | |
Everlight Electronics Co. Ltd. | 1,106,725 | 1,470 | |
Chong Hong Construction Co. Ltd. | 524,493 | 1,461 | |
ChipMOS Technologies Inc. | 1,467,494 | 1,446 | |
Yulon Finance Corp. | 424,800 | 1,438 | |
* | Gold Circuit Electronics Ltd. | 930,280 | 1,432 |
AURAS Technology Co. Ltd. | 186,000 | 1,429 | |
Shinkong Synthetic Fibers Corp. | 3,520,416 | 1,427 | |
Visual Photonics Epitaxy Co. Ltd. | 499,455 | 1,410 | |
Sporton International Inc. | 174,533 | 1,395 | |
Sanyang Motor Co. Ltd. | 1,762,037 | 1,389 | |
Greatek Electronics Inc. | 791,000 | 1,378 | |
Advanced Wireless Semiconductor Co. | 395,192 | 1,366 | |
Brighton-Best International Taiwan Inc. | 1,508,000 | 1,346 | |
* | Yang Ming Marine Transport Corp. | 3,337,650 | 1,344 |
Primax Electronics Ltd. | 856,000 | 1,331 | |
Tainan Spinning Co. Ltd. | 3,066,674 | 1,320 | |
TTY Biopharm Co. Ltd. | 493,987 | 1,319 | |
* | Apex International Co. Ltd. | 505,000 | 1,312 |
Nan Pao Resins Chemical Co. Ltd. | 265,000 | 1,308 | |
TaiDoc Technology Corp. | 161,000 | 1,304 | |
Kinpo Electronics | 3,536,196 | 1,303 | |
Wafer Works Corp. | 1,172,552 | 1,301 | |
Sunny Friend Environmental Technology Co. Ltd. | 175,000 | 1,294 | |
Asia Optical Co. Inc. | 571,000 | 1,272 | |
Taiwan Cogeneration Corp. | 954,903 | 1,271 | |
Gudeng Precision Industrial Co. Ltd. | 140,000 | 1,266 | |
* | KMC Kuei Meng International Inc. | 174,000 | 1,264 |
Holy Stone Enterprise Co. Ltd. | 358,769 | 1,263 | |
* | RichWave Technology Corp. | 151,000 | 1,256 |
President Securities Corp. | 2,432,045 | 1,252 | |
* | Via Technologies Inc. | 948,000 | 1,245 |
Longchen Paper & Packaging Co. Ltd. | 2,203,989 | 1,244 | |
Taiwan FamilyMart Co. Ltd. | 136,000 | 1,243 | |
Foxsemicon Integrated Technology Inc. | 204,400 | 1,241 | |
Farglory Land Development Co. Ltd. | 800,854 | 1,233 | |
China Steel Chemical Corp. | 383,853 | 1,230 | |
Fulgent Sun International Holding Co. Ltd. | 293,270 | 1,229 | |
* | Yieh Phui Enterprise Co. Ltd. | 3,431,910 | 1,220 |
Sigurd Microelectronics Corp. | 915,822 | 1,210 | |
* | Hotai Finance Co. Ltd. | 438,000 | 1,207 |
* | Universal Vision Biotechnology Co. Ltd. | 133,000 | 1,200 |
Coretronic Corp. | 999,000 | 1,197 |
113
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Market | |||
Value | |||
Shares | ($000) | ||
Cleanaway Co. Ltd. | 216,000 | 1,191 | |
* | Asia Pacific Telecom Co. Ltd. | 3,623,891 | 1,191 |
Sitronix Technology Corp. | 268,282 | 1,183 | |
Chicony Power Technology Co. Ltd. | 499,000 | 1,167 | |
Cub Elecparts Inc. | 209,609 | 1,164 | |
Prince Housing & Development Corp. | 3,130,183 | 1,155 | |
Cathay Real Estate Development Co. Ltd. | 1,729,000 | 1,153 | |
Oriental Union Chemical Corp. | 1,994,000 | 1,145 | |
Systex Corp. | 401,000 | 1,137 | |
St. Shine Optical Co. Ltd. | 125,419 | 1,137 | |
Pan Jit International Inc. | 899,000 | 1,135 | |
Ennoconn Corp. | 142,011 | 1,121 | |
TSRC Corp. | 1,580,046 | 1,120 | |
* | Lealea Enterprise Co. Ltd. | 2,428,849 | 1,119 |
Nan Liu Enterprise Co. Ltd. | 136,000 | 1,105 | |
Hannstar Board Corp. | 805,438 | 1,105 | |
UPC Technology Corp. | 2,420,065 | 1,101 | |
Sunonwealth Electric Machine Industry Co. Ltd. | 535,000 | 1,096 | |
Kindom Development Co. Ltd. | 893,000 | 1,088 | |
WT Microelectronics Co. Ltd. | 844,377 | 1,087 | |
Swancor Holding Co. Ltd. | 195,000 | 1,079 | |
Wah Lee Industrial Corp. | 480,883 | 1,073 | |
Lung Yen Life Service Corp. | 581,000 | 1,073 | |
Chunghwa Precision Test Tech Co. Ltd. | 45,000 | 1,066 | |
Casetek Holdings Ltd. | 351,953 | 1,064 | |
Career Technology MFG. Co. Ltd. | 1,052,584 | 1,064 | |
Mercuries & Associates Holding Ltd. | 1,459,612 | 1,062 | |
A-DATA Technology Co. Ltd. | 544,915 | 1,053 | |
Supreme Electronics Co. Ltd. | 977,000 | 1,037 | |
* | China Man-Made Fiber Corp. | 3,539,908 | 1,035 |
* | Medigen Vaccine Biologics Corp. | 348,000 | 1,024 |
Rexon Industrial Corp. Ltd. | 363,000 | 1,019 | |
* | D-Link Corp. | 1,598,407 | 1,014 |
* | Speed Tech Corp. | 296,000 | 998 |
Test Research Inc. | 513,371 | 998 | |
Ta Ya Electric Wire & Cable | 1,401,857 | 987 | |
Dynapack International Technology Corp. | 353,299 | 986 | |
Chin-Poon Industrial Co. Ltd. | 923,072 | 979 | |
* | Motech Industries Inc. | 742,339 | 977 |
* | Taiwan TEA Corp. | 1,696,293 | 976 |
Wisdom Marine Lines Co. Ltd. | 1,313,241 | 974 | |
Taiwan Semiconductor Co. Ltd. | 618,000 | 972 | |
AcBel Polytech Inc. | 1,060,000 | 969 | |
Unitech Printed Circuit Board Corp. | 1,310,672 | 966 | |
Elite Semiconductor Microelectronics Technology Inc. | 655,000 | 962 | |
Topkey Corp. | 180,000 | 957 | |
Aten International Co. Ltd. | 331,260 | 953 | |
Egis Technology Inc. | 173,000 | 944 | |
* | Mercuries Life Insurance Co. Ltd. | 3,164,720 | 941 |
Taiwan PCB Techvest Co. Ltd. | 660,102 | 941 | |
Test Rite International Co. Ltd. | 1,067,725 | 939 | |
BES Engineering Corp. | 3,657,468 | 938 | |
Adlink Technology Inc. | 402,127 | 929 | |
Global Mixed Mode Technology Inc. | 177,199 | 925 | |
Taiwan Sakura Corp. | 533,000 | 920 | |
FocalTech Systems Co. Ltd. | 502,259 | 900 | |
SDI Corp. | 425,000 | 898 | |
* | Ho Tung Chemical Corp. | 2,424,362 | 896 |
Machvision Inc. | 88,157 | 874 | |
* | Lite-On Semiconductor Corp. | 589,977 | 870 |
Acter Group Corp. Ltd. | 132,000 | 866 | |
Sonix Technology Co. Ltd. | 370,000 | 864 | |
Syncmold Enterprise Corp. | 287,750 | 863 | |
China General Plastics Corp. | 1,119,588 | 856 |
114
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Market | |||
Value | |||
Shares | ($000) | ||
Chlitina Holding Ltd. | 139,750 | 856 | |
China Metal Products | 733,515 | 854 | |
* | Ambassador Hotel | 795,000 | 854 |
YungShin Global Holding Corp. | 567,647 | 852 | |
* | Federal Corp. | 1,211,505 | 847 |
Faraday Technology Corp. | 580,000 | 847 | |
Holtek Semiconductor Inc. | 343,279 | 847 | |
Sinyi Realty Inc. | 806,465 | 807 | |
Innodisk Corp. | 153,140 | 803 | |
PChome Online Inc. | 236,082 | 796 | |
Kung Long Batteries Industrial Co. Ltd. | 166,000 | 796 | |
* | Bioteque Corp. | 165,000 | 794 |
CMC Magnetics Corp. | 2,839,254 | 789 | |
Darfon Electronics Corp. | 567,000 | 785 | |
Chaun-Choung Technology Corp. | 97,000 | 784 | |
Elite Advanced Laser Corp. | 353,607 | 784 | |
Radium Life Tech Co. Ltd. | 2,116,910 | 782 | |
Wei Chuan Foods Corp. | 1,110,835 | 778 | |
Formosa International Hotels Corp. | 173,841 | 776 | |
Gemtek Technology Corp. | 787,115 | 765 | |
* | Co-Tech Development Corp. | 568,000 | 764 |
Taiwan Styrene Monomer | 1,342,579 | 757 | |
Hsin Kuang Steel Co. Ltd. | 683,569 | 752 | |
Hung Sheng Construction Ltd. | 1,255,776 | 751 | |
* | Roo Hsing Co. Ltd. | 1,871,000 | 750 |
Xxentria Technology Materials Corp. | 370,776 | 740 | |
Soft-World International Corp. | 259,520 | 739 | |
* | Tung Thih Electronic Co. Ltd. | 169,000 | 737 |
YC INOX Co. Ltd. | 915,174 | 733 | |
Sampo Corp. | 906,048 | 732 | |
Gamania Digital Entertainment Co. Ltd. | 342,000 | 732 | |
* | Savior Lifetec Corp. | 653,000 | 732 |
* | Chief Telecom Inc. | 57,000 | 731 |
ScinoPharm Taiwan Ltd. | 730,891 | 722 | |
* | OptoTech Corp. | 912,406 | 719 |
Flytech Technology Co. Ltd. | 335,845 | 709 | |
Asia Polymer Corp. | 1,060,541 | 705 | |
* | AmTRAN Technology Co. Ltd. | 1,975,692 | 705 |
Taiflex Scientific Co. Ltd. | 400,594 | 703 | |
* | Unizyx Holding Corp. | 888,000 | 701 |
Namchow Holdings Co. Ltd. | 463,000 | 694 | |
* | Ton Yi Industrial Corp. | 1,995,000 | 693 |
* | Taigen Biopharmaceuticals Holdings Ltd. | 794,723 | 691 |
* | Shining Building Business Co. Ltd. | 1,933,675 | 687 |
Chia Hsin Cement Corp. | 1,255,000 | 685 | |
* | Fittech Co. Ltd. | 140,000 | 682 |
Zeng Hsing Industrial Co. Ltd. | 143,000 | 682 | |
Yeong Guan Energy Technology Group Co. Ltd. | 209,776 | 673 | |
Evergreen International Storage & Transport Corp. | 1,321,502 | 668 | |
Formosa Sumco Technology Corp. | 167,000 | 661 | |
* | Gigastorage Corp. | 729,627 | 660 |
Kinik Co. | 319,000 | 653 | |
Johnson Health Tech Co. Ltd. | 282,283 | 650 | |
* | Ritek Corp. | 1,778,049 | 648 |
TA-I Technology Co. Ltd. | 270,500 | 640 | |
* | Lextar Electronics Corp. | 995,000 | 629 |
Pan-International Industrial Corp. | 1,038,595 | 624 | |
Everlight Chemical Industrial Corp. | 1,087,649 | 622 | |
* | Lotus Pharmaceutical Co. Ltd. | 220,000 | 616 |
Ginko International Co. Ltd. | 135,710 | 607 | |
Huang Hsiang Construction Corp. | 445,051 | 603 | |
Depo Auto Parts Ind Co. Ltd. | 365,313 | 603 | |
Hu Lane Associate Inc. | 214,500 | 602 | |
Rich Development Co. Ltd. | 1,740,000 | 600 |
115
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Market | |||
Value | |||
Shares | ($000) | ||
* | Medigen Biotechnology Corp. | 299,680 | 600 |
Formosan Rubber Group Inc. | 851,089 | 599 | |
ITE Technology Inc. | 247,418 | 597 | |
Gourmet Master Co. Ltd. | 155,789 | 570 | |
Alpha Networks Inc. | 628,599 | 568 | |
Sunplus Technology Co. Ltd. | 1,142,000 | 564 | |
Gloria Material Technology Corp. | 1,037,023 | 559 | |
* | Li Peng Enterprise Co. Ltd. | 2,020,915 | 552 |
* | Dynamic Electronics Co. Ltd. | 841,784 | 544 |
China Chemical & Pharmaceutical Co. Ltd. | 679,000 | 541 | |
Firich Enterprises Co. Ltd. | 601,878 | 537 | |
Altek Corp. | 589,250 | 531 | |
Orient Semiconductor Electronics Ltd. | 1,355,197 | 525 | |
Quanta Storage Inc. | 412,000 | 524 | |
Rechi Precision Co. Ltd. | 775,668 | 521 | |
* | CSBC Corp. Taiwan | 603,606 | 520 |
Concraft Holding Co. Ltd. | 169,997 | 516 | |
Nichidenbo Corp. | 325,000 | 511 | |
* | Taiwan Land Development Corp. | 1,967,969 | 506 |
Tyntek Corp. | 818,250 | 502 | |
HannsTouch Solution Inc. | 1,417,329 | 494 | |
Hong Pu Real Estate Development Co. Ltd. | 587,195 | 488 | |
* | Bank of Kaohsiung Co. Ltd. | 1,370,154 | 482 |
IEI Integration Corp. | 307,716 | 473 | |
* | Darwin Precisions Corp. | 1,211,000 | 469 |
* | Kuo Toong International Co. Ltd. | 597,662 | 452 |
CyberTAN Technology Inc. | 918,571 | 450 | |
Weltrend Semiconductor | 417,753 | 448 | |
Ichia Technologies Inc. | 717,000 | 443 | |
Wowprime Corp. | 167,761 | 439 | |
Silicon Integrated Systems Corp. | 1,100,465 | 433 | |
Cyberlink Corp. | 121,076 | 431 | |
Posiflex Technology Inc. | 156,822 | 430 | |
PharmaEngine Inc. | 224,102 | 428 | |
Gigasolar Materials Corp. | 67,600 | 421 | |
* | ALI Corp. | 411,281 | 417 |
* | GeneReach Biotechnology Corp. | 81,000 | 410 |
L&K Engineering Co. Ltd. | 451,000 | 409 | |
Iron Force Industrial Co. Ltd. | 149,000 | 408 | |
WUS Printed Circuit Co. Ltd. | 396,555 | 404 | |
* | Elitegroup Computer Systems Co. Ltd. | 680,647 | 404 |
Sincere Navigation Corp. | 792,970 | 395 | |
KEE TAI Properties Co. Ltd. | 1,167,740 | 394 | |
Senao International Co. Ltd. | 378,000 | 377 | |
Advanced International Multitech Co. Ltd. | 277,000 | 376 | |
* | Newmax Technology Co. Ltd. | 265,000 | 365 |
Taiyen Biotech Co. Ltd. | 315,877 | 361 | |
* | Lingsen Precision Industries Ltd. | 952,000 | 355 |
^ | Global Brands Manufacture Ltd. | 465,045 | 353 |
* | Chung Hwa Pulp Corp. | 1,080,135 | 348 |
FSP Technology Inc. | 297,428 | 347 | |
Basso Industry Corp. | 255,000 | 342 | |
Li Cheng Enterprise Co. Ltd. | 358,892 | 340 | |
TYC Brother Industrial Co. Ltd. | 467,710 | 339 | |
CHC Healthcare Group | 260,727 | 339 | |
Globe Union Industrial Corp. | 620,675 | 333 | |
Brogent Technologies Inc. | 94,293 | 330 | |
Infortrend Technology Inc. | 754,885 | 318 | |
Jess-Link Products Co. Ltd. | 262,100 | 311 | |
China Electric Manufacturing Corp. | 808,980 | 307 | |
Tong-Tai Machine & Tool Co. Ltd. | 611,429 | 302 | |
* | Phihong Technology Co. Ltd. | 731,618 | 300 |
* | Etron Technology Inc. | 501,194 | 295 |
* | Zinwell Corp. | 454,099 | 289 |
116
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Market | |||
Value | |||
Shares | ($000) | ||
* | AGV Products Corp. | 998,425 | 258 |
Ability Enterprise Co. Ltd. | 569,099 | 257 | |
§ | Pharmally International Holding Co. Ltd. | 126,271 | 250 |
Toung Loong Textile Manufacturing | 236,000 | 203 | |
Sheng Yu Steel Co. Ltd. | 295,000 | 189 | |
Hiwin Technologies Corp. | 21,237 | 185 | |
*,§ | Unity Opto Technology Co. Ltd. | 1,203,000 | 173 |
Vivotek Inc. | 67,699 | 172 | |
* | Nien Hsing Textile Co. Ltd. | 302,611 | 170 |
*,§ | E-Ton Solar Tech Co. Ltd. | 206,307 | 11 |
*,§ | Pihsiang Machinery Manufacturing Co. Ltd. | 191,000 | — |
*,§ | XPEC Entertainment Inc. | 125,457 | — |
462,718 | |||
Thailand (1.3%) | |||
Com7 PCL | 3,602,200 | 4,719 | |
* | Bangkok Commercial Asset Management PCL | 5,949,000 | 3,851 |
Jasmine Broadband Internet Infrastructure Fund (Foreign) | 10,014,463 | 3,037 | |
CPN Retail Growth Leasehold REIT | 5,100,500 | 2,977 | |
^ | Sri Trang Agro-Industry PCL | 2,269,423 | 2,601 |
KCE Electronics PCL | 1,898,800 | 2,372 | |
Hana Microelectronics PCL (Foreign) | 1,622,446 | 2,341 | |
Tisco Financial Group PCL (Foreign) | 1,029,550 | 2,334 | |
Frasers Property Thailand Industrial Freehold & Leasehold REIT | 5,385,700 | 2,194 | |
Kiatnakin Phatra Bank PCL | 1,557,605 | 1,972 | |
Thailand Future Fund | 6,344,100 | 1,913 | |
Siam Global House PCL | 3,551,668 | 1,810 | |
Mega Lifesciences PCL (Foreign) | 1,565,300 | 1,739 | |
TQM Corp. PCL | 424,400 | 1,606 | |
WHA Premium Growth Freehold & Leasehold Real Estate InvestmentTrust | 3,547,400 | 1,444 | |
^ | TOA Paint Thailand PCL | 1,378,100 | 1,424 |
Thanachart Capital PCL | 1,556,495 | 1,372 | |
^ | WHA Corp. PCL | 17,704,392 | 1,350 |
CK Power PCL | 9,905,931 | 1,310 | |
CH Karnchang PCL | 2,652,800 | 1,267 | |
AEON Thana Sinsap Thailand PCL | 290,100 | 1,209 | |
Bangkok Chain Hospital PCL | 2,624,248 | 1,161 | |
Supalai PCL (Foreign) | 2,300,050 | 1,158 | |
JMT Network Services PCL (Foreign) | 1,024,900 | 1,131 | |
Bangchak Corp. PCL | 2,410,900 | 1,121 | |
TTW PCL (Foreign) | 2,974,900 | 1,107 | |
Quality Houses PCL | 16,422,933 | 1,095 | |
Chularat Hospital PCL | 12,837,760 | 1,037 | |
Thai Vegetable Oil PCL | 946,100 | 1,031 | |
Super Energy Corp. PCL | 38,446,100 | 1,023 | |
TPI Polene PCL | 22,839,100 | 1,011 | |
Tisco Financial Group PCL NVDR | 443,150 | 1,005 | |
BTS Rail Mass Transit Growth Infrastructure Fund | 6,389,076 | 1,000 | |
North Bangkok Power Plant Block 1 Infrastructure Fund - EGAT | 2,534,300 | 959 | |
Tipco Asphalt PCL | 1,868,400 | 910 | |
VGI PCL (Foreign) | 4,566,112 | 877 | |
IMPACT Growth REIT (Foreign) | 1,531,700 | 859 | |
^ | Bangkok Land PCL | 27,010,800 | 840 |
TPI Polene Power PCL | 6,115,400 | 824 | |
Asian Property Development PCL (Foreign) | 4,025,556 | 806 | |
PTG Energy PCL | 1,263,107 | 769 | |
Amata Corp. PCL | 1,957,697 | 734 | |
Jasmine International PCL | 8,733,588 | 723 | |
Banpu Power PCL | 1,613,700 | 689 | |
SPCG PCL | 1,073,000 | 682 | |
^ | Sino-Thai Engineering & Construction PCL (Foreign) | 2,040,515 | 660 |
Major Cineplex Group PCL | 1,576,244 | 652 | |
Thaifoods Group PCL | 4,984,600 | 642 | |
*,^ | Esso Thailand PCL | 3,241,700 | 629 |
MK Restaurants Group PCL | 430,800 | 628 |
117
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
^ | Plan B Media PCL | 3,573,500 | 618 |
Ratchthani Leasing PCL | 5,510,750 | 615 | |
BCPG PCL | 1,566,700 | 578 | |
Star Petroleum Refining PCL | 3,386,100 | 576 | |
* | Central Plaza Hotel PCL (Foreign) | 868,090 | 548 |
Thonburi Healthcare Group PCL | 875,100 | 508 | |
Gunkul Engineering PCL | 7,281,383 | 476 | |
Taokaenoi Food & Marketing PCL | 1,321,400 | 474 | |
Sansiri PCL (Foreign) | 25,447,700 | 473 | |
§ | Pruksa Real Estate PCL | 1,063,290 | 458 |
Pruksa Holding PCL | 1,442,800 | 453 | |
AP Thailand PCL | 2,127,300 | 426 | |
* | Central Plaza Hotel PCL NVDR | 670,400 | 423 |
* | U City PCL | 11,380,548 | 398 |
* | BEC World PCL (Foreign) | 2,620,000 | 388 |
GFPT PCL | 973,300 | 356 | |
^ | Thoresen Thai Agencies PCL | 4,010,741 | 355 |
MBK PCL | 1,006,700 | 349 | |
^ | VGI PCL | 1,808,900 | 348 |
Thaicom PCL | 1,779,940 | 314 | |
LPN Development PCL | 2,489,111 | 303 | |
Origin Property PCL | 1,428,750 | 302 | |
* | Thai Airways International PCL (Foreign) | 3,045,000 | 281 |
Bangkok Airways PCL | 1,752,800 | 280 | |
^ | Supalai PCL NVDR | 518,650 | 261 |
* | Italian-Thai Development PCL (Foreign) | 8,191,310 | 234 |
Workpoint Entertainment PCL | 704,300 | 222 | |
Samart Corp. PCL | 1,326,521 | 208 | |
Unique Engineering & Construction PCL | 1,445,100 | 188 | |
^ | TTW PCL NVDR | 490,400 | 182 |
*,^ | Precious Shipping PCL (Foreign) | 937,700 | 146 |
Univentures PCL | 1,974,588 | 143 | |
Sino-Thai Engineering & Construction PCL NVDR | 424,200 | 137 | |
^ | Beauty Community PCL | 2,947,500 | 116 |
*,^ | Group Lease PCL NVDR | 1,879,900 | 110 |
* | Precious Shipping PCL NVDR | 686,000 | 107 |
*,^ | Italian-Thai Development PCL NVDR | 2,448,500 | 70 |
* | IMPACT Growth REIT | 63,600 | 36 |
* | MBK PCL Warrants Exp. 12/31/2023 | 40,268 | 10 |
* | Group Lease PCL (XBKK) | 83,978 | 5 |
* | Samart Corp. PCL Warrants Exp. 05/08/2021 | 369,640 | 2 |
83,082 | |||
Turkey (0.4%) | |||
Emlak Konut Gayrimenkul Yatirim Ortakligi AS | 5,135,389 | 1,051 | |
* | Turkiye Sinai Kalkinma Bankasi AS | 3,198,748 | 974 |
* | Turkiye Halk Bankasi AS | 1,690,507 | 949 |
* | Ulker Biskuvi Sanayi AS | 357,528 | 862 |
* | Sok Marketler Ticaret AS | 613,117 | 827 |
* | Bera Holding AS | 752,134 | 808 |
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS | 2,181,843 | 807 | |
* | Gubre Fabrikalari TAS | 193,570 | 770 |
Dogan Sirketler Grubu Holding AS | 2,596,937 | 754 | |
* | Koza Anadolu Metal Madencilik Isletmeleri AS | 509,728 | 736 |
* | AG Anadolu Grubu Holding AS | 347,175 | 720 |
1 | Enerjisa Enerji AS | 651,028 | 700 |
* | Oyak Cimento Fabrikalari AS | 730,653 | 643 |
* | Sasa Polyester Sanayi AS | 345,546 | 634 |
* | Migros Ticaret AS | 131,657 | 587 |
Turk Traktor ve Ziraat Makineleri AS | 37,826 | 512 | |
* | Pegasus Hava Tasimaciligi AS | 100,191 | 475 |
* | Aksa Enerji Uretim AS Class B | 643,467 | 474 |
*,1 | Mavi Giyim Sanayi Ve Ticaret AS | 102,111 | 460 |
Otokar Otomotiv Ve Savunma Sanayi A.S. | 20,667 | 448 | |
* | Logo Yazilim Sanayi Ve Ticaret AS | 39,200 | 435 |
118
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Hektas Ticaret TAS | 289,500 | 421 |
* | Vestel Elektronik Sanayi ve Ticaret AS | 208,879 | 414 |
*,1 | MLP Saglik Hizmetleri AS | 216,158 | 411 |
* | Ipek Dogal Enerji Kaynaklari Arastirma Ve Uretim AS | 278,341 | 359 |
EGE Endustri VE Ticaret AS | 3,153 | 344 | |
* | Yatas Yatak ve Yorgan Sanayi ve Ticaret AS | 326,022 | 341 |
EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS | 429,215 | 336 | |
* | Zorlu Enerji Elektrik Uretim AS | 1,120,235 | 331 |
* | Is Finansal Kiralama AS | 769,793 | 318 |
Aksigorta AS | 333,943 | 281 | |
Tat Gida Sanayi AS | 219,023 | 267 | |
* | Is Gayrimenkul Yatirim Ortakligi AS | 1,171,881 | 266 |
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class A | 414,467 | 259 | |
Alarko Holding AS | 345,507 | 255 | |
Aygaz AS | 196,921 | 249 | |
Polisan Holding AS | 529,638 | 238 | |
* | Albaraka Turk Katilim Bankasi AS | 1,152,080 | 224 |
* | Cimsa Cimento Sanayi VE Ticaret AS | 141,573 | 211 |
Kordsa Teknik Tekstil AS | 156,422 | 204 | |
* | Konya Cimento Sanayii AS | 2,502 | 202 |
Brisa Bridgestone Sabanci Sanayi ve Ticaret AS | 107,400 | 191 | |
Dogus Otomotiv Servis ve Ticaret AS | 89,519 | 181 | |
* | NET Holding AS | 443,345 | 167 |
* | Torunlar Gayrimenkul Yatirim Ortakligi AS | 410,590 | 165 |
Akcansa Cimento AS | 109,885 | 165 | |
Aksa Akrilik Kimya Sanayii AS | 155,691 | 150 | |
* | Sekerbank Turk AS | 176,959 | 38 |
*,§ | Asya Katilim Bankasi AS | 975,452 | — |
21,614 | |||
United Arab Emirates (0.0%) | |||
GFH Financial Group BSC | 7,147,209 | 1,078 | |
* | Union Properties PJSC | 5,794,107 | 442 |
*,§ | Arabtec Holding PJSC | 2,033,180 | 293 |
* | Deyaar Development PJSC | 3,964,156 | 291 |
* | Eshraq Investments PJSC | 2,636,784 | 216 |
RAK Properties PJSC | 1,853,902 | 194 | |
*,§ | Drake & Scull International PJSC | 1,238,097 | 125 |
* | DXB Entertainments PJSC | 2,381,984 | 74 |
2,713 | |||
United Kingdom (9.9%) | |||
Dechra Pharmaceuticals plc | 273,517 | 12,373 | |
Games Workshop Group plc | 85,183 | 11,452 | |
* | G4S plc | 4,079,007 | 10,756 |
Electrocomponents plc | 1,165,935 | 10,237 | |
* | William Hill plc | 2,756,377 | 9,789 |
Spectris plc | 302,864 | 9,721 | |
IG Group Holdings plc | 949,368 | 9,369 | |
Diploma plc | 320,912 | 9,241 | |
Genus plc | 170,018 | 9,036 | |
Tritax Big Box REIT plc | 4,431,586 | 8,992 | |
* | UNITE Group plc | 828,052 | 8,936 |
Rotork plc | 2,272,395 | 8,279 | |
Royal Mail plc | 2,400,325 | 7,065 | |
Assura plc | 6,788,649 | 6,702 | |
Britvic plc | 693,585 | 6,628 | |
Signature Aviation plc | 2,144,623 | 6,567 | |
* | Inchcape plc | 1,023,355 | 6,565 |
Future plc | 254,034 | 6,531 | |
LondonMetric Property plc | 2,281,944 | 6,380 | |
Primary Health Properties plc | 3,369,968 | 6,287 | |
Grainger plc | 1,730,744 | 6,270 | |
Pets at Home Group plc | 1,239,498 | 6,225 | |
* | IWG plc | 1,878,312 | 6,161 |
UDG Healthcare plc | 655,348 | 6,160 |
119
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Beazley plc | 1,565,587 | 5,968 | |
Big Yellow Group plc | 418,803 | 5,968 | |
Spirent Communications plc | 1,578,999 | 5,928 | |
1 | Countryside Properties plc | 1,349,344 | 5,893 |
Marks & Spencer Group plc | 5,095,492 | 5,870 | |
Cranswick plc | 135,663 | 5,655 | |
* | Hays plc | 4,053,043 | 5,597 |
Safestore Holdings plc | 531,374 | 5,532 | |
Computacenter plc | 185,932 | 5,492 | |
Close Brothers Group plc | 393,453 | 5,486 | |
* | Serco Group plc | 3,188,873 | 5,330 |
Man Group PLC | 3,781,244 | 5,277 | |
Lancashire Holdings Ltd. | 631,045 | 5,208 | |
Domino's Pizza Group plc | 1,208,272 | 5,188 | |
Plus500 Ltd. | 269,755 | 5,170 | |
Victrex plc | 213,904 | 5,111 | |
* | Balfour Beatty plc | 1,792,837 | 4,955 |
* | Grafton Group plc | 568,458 | 4,942 |
Great Portland Estates plc | 656,963 | 4,911 | |
* | John Wood Group plc | 1,741,326 | 4,780 |
Softcat plc | 323,435 | 4,715 | |
1 | John Laing Group plc | 1,290,447 | 4,709 |
Centamin plc | 2,843,388 | 4,573 | |
* | Marshalls plc | 518,648 | 4,493 |
QinetiQ Group plc | 1,466,860 | 4,493 | |
Ultra Electronics Holdings plc | 181,765 | 4,435 | |
* | Greggs plc | 259,721 | 4,338 |
* | Dunelm Group plc | 256,002 | 4,328 |
*,1 | Trainline plc | 1,212,620 | 4,323 |
IntegraFin Holdings plc | 682,152 | 4,296 | |
Moneysupermarket.com Group plc | 1,356,282 | 4,284 | |
Synthomer plc | 868,696 | 4,245 | |
WH Smith plc | 327,264 | 4,231 | |
Bodycote plc | 489,665 | 4,129 | |
AJ Bell plc | 753,842 | 4,115 | |
*,1 | Wizz Air Holdings plc | 98,205 | 4,066 |
* | Vistry Group plc | 573,759 | 4,048 |
Drax Group plc | 1,037,210 | 3,972 | |
* | Virgin Money UK plc | 3,240,761 | 3,930 |
* | OneSavings Bank plc | 982,092 | 3,918 |
Carnival plc | 344,927 | 3,899 | |
* | Pagegroup plc | 815,525 | 3,778 |
Avon Rubber plc | 73,890 | 3,764 | |
Mediclinic International plc | 1,022,035 | 3,742 | |
* | Savills plc | 345,767 | 3,724 |
*,1 | Ascential plc | 1,031,252 | 3,693 |
TP ICAP plc | 1,478,912 | 3,662 | |
Aggreko plc | 629,543 | 3,588 | |
* | AO World plc | 749,857 | 3,517 |
*,1 | Network International Holdings plc | 1,209,997 | 3,472 |
* | Playtech plc | 776,131 | 3,422 |
Jupiter Fund Management plc | 1,131,538 | 3,409 | |
Shaftesbury plc | 578,243 | 3,408 | |
* | Polypipe Group plc | 561,316 | 3,342 |
SSP Group plc | 1,377,693 | 3,336 | |
Dixons Carphone plc | 2,629,482 | 3,278 | |
Daily Mail & General Trust plc | 371,005 | 3,248 | |
Investec plc | 1,735,365 | 3,229 | |
Hill & Smith Holdings plc | 207,401 | 3,226 | |
* | Redrow plc | 595,488 | 3,211 |
Gamesys Group plc | 204,224 | 3,076 | |
Euromoney Institutional Investor plc | 278,125 | 2,969 | |
FDM Group Holdings plc | 223,540 | 2,886 | |
Vesuvius plc | 556,528 | 2,879 |
120
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
* | Oxford Instruments plc | 138,866 | 2,856 |
Telecom Plus plc | 163,631 | 2,818 | |
Sanne Group plc | 356,622 | 2,802 | |
Rathbone Brothers plc | 147,173 | 2,770 | |
Workspace Group plc | 345,785 | 2,764 | |
* | Coats Group plc | 3,754,213 | 2,764 |
* | National Express Group plc | 1,410,628 | 2,737 |
* | Cairn Energy plc | 1,519,482 | 2,732 |
*,^ | Petropavlovsk plc | 7,867,093 | 2,725 |
* | Indivior plc | 1,903,410 | 2,720 |
1 | Hastings Group Holdings plc | 813,465 | 2,629 |
Capital & Counties Properties plc | 1,901,939 | 2,578 | |
Paragon Banking Group plc | 662,887 | 2,544 | |
RHI Magnesita NV | 76,591 | 2,541 | |
Chemring Group plc | 734,891 | 2,488 | |
* | Micro Focus International plc | 860,601 | 2,415 |
888 Holdings plc | 692,868 | 2,408 | |
* | Morgan Advanced Materials plc | 741,449 | 2,402 |
Brewin Dolphin Holdings plc | 759,038 | 2,389 | |
Sirius Real Estate Ltd. | 2,501,173 | 2,382 | |
* | Frasers Group plc | 489,000 | 2,372 |
Kainos Group plc | 145,738 | 2,337 | |
* | J D Wetherspoon plc | 208,818 | 2,334 |
* | Ninety One plc | 854,621 | 2,297 |
* | Essentra plc | 686,035 | 2,189 |
TalkTalk Telecom Group plc | 1,745,011 | 2,175 | |
1 | Airtel Africa plc | 2,681,676 | 2,144 |
Hammerson plc | 10,103,835 | 2,134 | |
*,1 | Ibstock plc | 1,016,942 | 2,115 |
*,1 | McCarthy & Stone plc | 1,384,183 | 2,105 |
* | Vectura Group plc | 1,573,410 | 2,099 |
* | Provident Financial plc | 666,380 | 2,007 |
St. Modwen Properties plc | 460,120 | 1,976 | |
Ferrexpo plc | 765,742 | 1,890 | |
* | Hochschild Mining plc | 658,892 | 1,880 |
Babcock International Group plc | 664,665 | 1,872 | |
* | Crest Nicholson Holdings plc | 643,591 | 1,830 |
* | Energean plc | 257,724 | 1,731 |
* | Firstgroup plc | 3,198,391 | 1,702 |
UK Commercial Property REIT Ltd. | 1,908,406 | 1,686 | |
Clarkson plc | 64,527 | 1,681 | |
NCC Group plc | 685,351 | 1,626 | |
Halfords Group plc | 520,961 | 1,623 | |
*,1 | Watches of Switzerland Group plc | 315,586 | 1,617 |
* | Just Group plc | 2,705,428 | 1,477 |
PZ Cussons plc | 489,916 | 1,471 | |
Redde Northgate plc | 638,980 | 1,470 | |
*,1 | TI Fluid Systems plc | 588,941 | 1,466 |
* | Elementis plc | 1,491,305 | 1,437 |
* | Capita plc | 4,406,941 | 1,408 |
Greencore Group plc | 1,157,962 | 1,356 | |
*,^,1 | Aston Martin Lagonda Global Holdings plc | 1,909,600 | 1,343 |
* | AG Barr plc | 211,913 | 1,294 |
1 | CMC Markets plc | 284,445 | 1,235 |
Keller Group plc | 185,541 | 1,221 | |
Helical plc | 261,969 | 1,154 | |
* | Mitchells & Butlers plc | 566,480 | 1,151 |
* | Bank of Georgia Group plc | 98,380 | 1,144 |
Picton Property Income Ltd. | 1,415,488 | 1,143 | |
1 | Spire Healthcare Group plc | 739,093 | 1,139 |
*,1 | Equiniti Group plc | 843,910 | 1,129 |
Mitie Group plc | 3,025,250 | 1,102 | |
* | TBC Bank Group plc | 91,562 | 1,091 |
BMO Commercial Property Trust Ltd. | 1,367,430 | 1,090 |
121
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
Shares | Market Value ($000) | ||
Marston's plc | 1,663,372 | 1,041 | |
*,^ | Petrofac Ltd. | 671,729 | 1,035 |
^ | Cineworld Group plc | 2,712,468 | 1,003 |
GoCo Group plc | 764,543 | 954 | |
*,^ | Tullow Oil plc | 3,624,177 | 951 |
* | Go-Ahead Group plc | 112,216 | 851 |
Devro plc | 429,081 | 840 | |
* | Calisen plc | 360,720 | 799 |
* | Restaurant Group plc | 1,506,480 | 791 |
Redefine International plc | 682,071 | 785 | |
* | Senior plc | 1,084,947 | 772 |
Hunting plc | 362,016 | 655 | |
* | SIG plc | 1,800,579 | 560 |
Rank Group plc | 448,354 | 523 | |
Stagecoach Group plc | 1,042,292 | 513 | |
1 | Alfa Financial Software Holdings plc | 247,028 | 435 |
*,1 | Funding Circle Holdings plc | 389,617 | 400 |
*,^ | Premier Oil plc | 2,353,395 | 347 |
*,1 | Bakkavor Group plc | 382,482 | 293 |
Saga plc | 114,232 | 204 | |
*,§,1 | Finablr plc | 496,892 | 71 |
*,^,§ | Intu Properties plc | 2,727,625 | 63 |
* | Shaftesbury plc Rights Exp. 11/11/2020 | 69,787 | 50 |
* | C&C Group plc (XLON) | 2,157 | 5 |
*,^,§ | Afren plc | 1,404,272 | — |
*,§ | Carillion plc | 961,048 | — |
610,530 | |||
Total Common Stocks (Cost $6,465,985) | 6,122,351 |
Coupon | |||||
Temporary Cash Investments (4.6%) | |||||
Money Market Fund (4.5%) | |||||
2,3 | Vanguard Market Liquidity Fund | 0.112% | 2,807,031 | 280,703 | |
Maturity Date | Face Amount ($000) | ||||
U.S. Government and Agency Obligations (0.1%) | |||||
United States Cash Management Bill | 0.165% | 11/3/20 | 100 | 100 | |
4 | United States Treasury Bill | 0.109% | 12/31/20 | 1,040 | 1,040 |
4 | United States Treasury Bill | 0.095% | 1/28/21 | 3,967 | 3,966 |
5,106 | |||||
Total Temporary Cash Investments (Cost $285,791) | 285,809 | ||||
Total Investments (103.7%) (Cost $6,751,776) | 6,408,160 | ||||
Other Assets and Liabilities—Net (-3.7%) | (226,339) | ||||
Net Assets (100%) | 6,181,821 | ||||
Cost is in $000. |
* | Non-income-producing security. | ||||
^ | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $241,538,000. | ||||
§ | Security value determined using significant unobservable inputs. | ||||
1 | Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At October 31, 2020, the aggregate value of these securities was $258,425,000, representing 4.2% of net assets. | ||||
2 | Collateral of $261,346,000 was received for securities on loan, of which $259,973,000 is held in Vanguard Market Liquidity Fund and $1,373,000 is held in cash. | ||||
122
Vanguard® FTSE All-World ex-US Small-Cap Index Fund
Schedule of Investments
October 31, 2020
3 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
4 | Securities with a value of $4,594,000 have been segregated as initial margin for open futures contracts. |
ADR—American Depositary Receipt. | |
NVDR—Non-Voting Depository Receipt. | |
REIT—Real Estate Investment Trust. |
123
© 2020 The Vanguard Group, Inc. All rights reserved. Vanguard Marketing Corporation, Distributor. | |
SNA7700 122020 |
Shares | Market Value ($000) | |||||
Common Stocks (98.4%) | ||||||
Australia (0.0%) | ||||||
Rexon Industrial Corp. Ltd. | 1,806,000 | 5,069 | ||||
Brazil (4.9%) | ||||||
Vale SA | 35,564,436 | 375,295 | ||||
B3 SA - Brasil Bolsa Balcao | 26,696,276 | 237,514 | ||||
Petroleo Brasileiro SA | 61,568,675 | 203,872 | ||||
Itau Unibanco Holding SA Preference Shares | 41,681,535 | 170,563 | ||||
Magazine Luiza SA | 34,500,028 | 148,090 | ||||
Banco Bradesco SA Preference Shares | 41,820,540 | 146,934 | ||||
WEG SA | 9,637,755 | 127,368 | ||||
* | Ambev SA | 55,903,144 | 118,666 | |||
Petroleo Brasileiro SA Preference Shares | 34,203,551 | 112,900 | ||||
Itausa SA Preference Shares | 56,373,884 | 89,307 | ||||
* | Natura & Co. Holding SA | 11,031,447 | 88,629 | |||
Itau Unibanco Holding SA ADR | 21,188,745 | 86,662 | ||||
* | Suzano SA | 9,556,538 | 83,358 | |||
* | Localiza Rent a Car SA | 7,539,285 | 79,730 | |||
Vale SA Class B ADR | 7,267,850 | 76,821 | ||||
Notre Dame Intermedica Participacoes SA | 6,222,833 | 71,306 | ||||
* | Lojas Renner SA | 9,987,647 | 65,187 | |||
Raia Drogasil SA | 15,540,050 | 65,162 | ||||
* | Banco do Brasil SA | 11,664,152 | 60,578 | |||
* | Rumo SA | 17,017,767 | 54,393 | |||
Banco Bradesco SA | 16,358,727 | 51,802 | ||||
* | Lojas Americanas SA Preference Shares | 11,722,903 | 47,460 | |||
JBS SA | 13,409,348 | 45,454 | ||||
* | Via Varejo SA | 15,183,036 | 45,407 | |||
1 | Banco Bradesco SA ADR | 12,850,420 | 44,976 | |||
Equatorial Energia SA | 12,322,792 | 42,802 | ||||
Gerdau SA Preference Shares | 11,080,190 | 42,116 | ||||
Telefonica Brasil SA Preference Shares | 5,595,821 | 41,486 | ||||
BB Seguridade Participacoes SA | 9,138,619 | 37,714 | ||||
Petroleo Brasileiro SA ADR | 5,639,547 | 37,277 | ||||
* | Banco BTG Pactual SA | 2,781,548 | 35,145 | |||
* | B2W Cia Digital | 2,649,107 | 34,737 | |||
Petrobras Distribuidora SA | 9,897,733 | 33,085 | ||||
2 | Hapvida Participacoes e Investimentos SA | 2,866,912 | 32,162 | |||
TOTVS SA | 6,583,162 | 30,977 | ||||
Ultrapar Participacoes SA | 10,604,709 | 30,273 | ||||
Centrais Eletricas Brasileiras SA | 5,547,095 | 30,027 | ||||
CCR SA | 15,153,709 | 29,473 | ||||
* | Hypera SA | 5,468,555 | 26,590 | |||
* | Sul America SA | 3,799,426 | 26,480 | |||
* | Bradespar SA Preference Shares | 3,028,724 | 24,671 | |||
* | BRF SA | 8,291,770 | 24,248 | |||
Cosan SA | 2,110,461 | 23,904 | ||||
* | Cia Energetica de Minas Gerais Preference Shares | 11,658,258 | 20,826 | |||
1 | Banco Santander Brasil SA ADR | 3,658,521 | 20,268 | |||
* | Cia de Locacao das Americas | 4,615,744 | 20,223 | |||
Cogna Educacao | 25,300,369 | 18,916 | ||||
Qualicorp Consultoria e Corretora de Seguros SA | 3,350,628 | 18,587 | ||||
* | Cia de Saneamento Basico do Estado de Sao Paulo | 2,484,672 | 18,404 | |||
Cia Brasileira de Distribuicao | 1,703,974 | 18,397 | ||||
* | TIM SA | 8,564,002 | 17,686 | |||
* | Atacadao SA | 5,305,812 | 17,061 | |||
IRB Brasil Resseguros SA | 15,720,706 | 16,822 | ||||
Alpargatas SA Preference Shares | 2,352,533 | 16,613 |
Shares | Market Value ($000) | |||||
Engie Brasil Energia SA | 2,387,392 | 16,597 | ||||
Metalurgica Gerdau SA Preference Shares | 9,714,555 | 16,592 | ||||
Cia Siderurgica Nacional SA | 4,634,861 | 16,591 | ||||
* | Eneva SA | 1,803,829 | 16,536 | |||
YDUQS Participacoes SA | 4,078,348 | 16,291 | ||||
Centrais Eletricas Brasileiras SA Preference Shares | 2,970,811 | 16,045 | ||||
Fleury SA | 3,235,770 | 15,423 | ||||
* | Cia de Saneamento Basico do Estado de Sao Paulo ADR | 2,085,033 | 15,388 | |||
Klabin SA | 3,668,610 | 15,178 | ||||
Cyrela Brazil Realty SA Empreendimentos e Participacoes | 3,813,432 | 15,146 | ||||
* | BR Malls Participacoes SA | 10,575,340 | 15,039 | |||
1 | Cia Siderurgica Nacional SA ADR | 4,197,860 | 14,986 | |||
* | Azul SA Preference Shares | 3,758,843 | 14,772 | |||
Transmissora Alianca de Energia Eletrica SA | 3,003,460 | 14,735 | ||||
Itau Unibanco Holding SA | 3,800,912 | 14,560 | ||||
* | Cia de Saneamento do Parana | 3,292,962 | 13,596 | |||
* | Duratex SA | 4,043,928 | 13,510 | |||
*,2 | Locaweb Servicos de Internet SA | 1,098,600 | 13,240 | |||
1 | Cia Paranaense de Energia ADR | 1,211,564 | 13,085 | |||
CPFL Energia SA | 2,571,447 | 12,490 | ||||
* | Marfrig Global Foods SA | 5,117,099 | 12,280 | |||
Gerdau SA ADR | 3,214,351 | 12,247 | ||||
EDP - Energias do Brasil SA | 4,073,768 | 12,070 | ||||
* | Multiplan Empreendimentos Imobiliarios SA | 3,615,660 | 11,954 | |||
MRV Engenharia e Participacoes SA | 4,021,479 | 11,809 | ||||
Cia Energetica de Sao Paulo Preference Shares Class B | 2,526,848 | 11,749 | ||||
Energisa SA | 1,588,591 | 11,620 | ||||
Linx SA | 1,804,067 | 11,284 | ||||
* | Banco Inter SA | 1,270,486 | 11,255 | |||
* | Light SA | 3,205,710 | 10,777 | |||
Usinas Siderurgicas de Minas Gerais SA Usiminas Preference Shares Class A | 5,589,878 | 10,619 | ||||
Cia de Transmissao de Energia Eletrica Paulista Preference Shares | 2,583,375 | 10,585 | ||||
Porto Seguro SA | 1,279,413 | 10,573 | ||||
* | Neoenergia SA | 3,276,706 | 9,931 | |||
* | Lojas Americanas SA | 2,615,951 | 9,196 | |||
* | Cielo SA | 15,178,382 | 8,915 | |||
Sao Martinho SA | 2,217,503 | 8,135 | ||||
Ez Tec Empreendimentos e Participacoes SA | 1,298,677 | 7,944 | ||||
Odontoprev SA | 3,589,006 | 7,887 | ||||
Banco Santander Brasil SA | 1,354,431 | 7,565 | ||||
* | Omega Geracao SA | 1,246,274 | 7,330 | |||
* | Embraer SA | 6,735,692 | 7,079 | |||
Aliansce Sonae Shopping Centers sa | 1,732,922 | 6,949 | ||||
* | M Dias Branco SA | 1,145,881 | 6,480 | |||
* | Cia de Saneamento de Minas Gerais-COPASA | 867,090 | 6,468 | |||
Arezzo Industria e Comercio SA | 607,810 | 6,387 | ||||
* | Braskem SA Preference Shares Class A | 1,584,227 | 6,306 | |||
* | Gol Linhas Aereas Inteligentes SA Preference Shares | 2,286,506 | 6,252 | |||
Iguatemi Empresa de Shopping Centers SA | 1,194,021 | 6,241 | ||||
* | Minerva SA | 3,533,986 | 6,141 | |||
Santos Brasil Participacoes SA | 8,751,186 | 5,994 | ||||
Cia Brasileira de Distribuicao ADR | 554,044 | 5,962 | ||||
Alupar Investimento SA | 1,472,167 | 5,852 | ||||
Banco do Estado do Rio Grande do Sul SA Preference Shares Class B | 2,765,872 | 5,784 | ||||
Anima Holding SA | 1,171,526 | 5,698 | ||||
Movida Participacoes SA | 1,797,070 | 5,681 | ||||
* | AES Tiete Energia SA | 2,164,983 | 5,546 | |||
* | Petro Rio SA | 1,011,600 | 5,522 |
Shares | Market Value ($000) | |||||
Randon SA Implementos e Participacoes Preference Shares | 2,423,673 | 5,360 | ||||
SLC Agricola SA | 1,197,507 | 5,336 | ||||
Banco Pan SA Preference Shares | 4,098,156 | 5,328 | ||||
Grendene SA | 3,738,749 | 5,226 | ||||
* | TIM SA ADR | 495,577 | 5,104 | |||
Vivara Participacoes SA | 1,270,700 | 4,828 | ||||
Construtora Tenda SA | 1,028,957 | 4,817 | ||||
* | Cosan Logistica SA | 1,683,600 | 4,809 | |||
Cia Hering | 1,721,076 | 4,772 | ||||
CVC Brasil Operadora e Agencia de Viagens SA | 2,089,490 | 4,472 | ||||
BR Properties SA | 2,816,674 | 4,256 | ||||
BK Brasil Operacao e Assessoria a Restaurantes SA | 2,505,729 | 4,253 | ||||
Iochpe Maxion SA | 1,779,917 | 4,119 | ||||
* | EcoRodovias Infraestrutura e Logistica SA | 2,326,599 | 4,051 | |||
1 | Cia Energetica de Minas Gerais ADR | 2,112,142 | 3,865 | |||
* | Braskem SA ADR | 478,034 | 3,805 | |||
JHSF Participacoes SA | 3,365,000 | 3,771 | ||||
Telefonica Brasil SA ADR | 510,566 | 3,758 | ||||
LOG Commercial Properties e Participacoes SA | 666,218 | 3,640 | ||||
* | SIMPAR SA | 801,600 | 3,589 | |||
Camil Alimentos SA | 1,695,400 | 3,572 | ||||
* | Embraer SA ADR | 831,713 | 3,427 | |||
Marcopolo SA Preference Shares | 7,846,599 | 3,350 | ||||
Unipar Carbocloro SA Preference Shares | 616,836 | 3,252 | ||||
* | Grupo SBF SA | 799,516 | 3,198 | |||
* | Tupy SA | 909,992 | 2,993 | |||
2 | Banco Inter SA Preference Shares | 1,034,833 | 2,976 | |||
* | Banco BTG Pactual SA | 429,821 | 2,882 | |||
* | Cia Paranaense de Energia Preference Shares | 263,705 | 2,838 | |||
* | Guararapes Confeccoes SA | 1,179,860 | 2,801 | |||
* | Banco BTG Pactual SA | 859,642 | 2,520 | |||
Even Construtora e Incorporadora SA | 1,379,748 | 2,479 | ||||
1 | Centrais Eletricas Brasileiras SA ADR | 449,147 | 2,457 | |||
Instituto Hermes Pardini SA | 625,360 | 2,337 | ||||
Direcional Engenharia SA | 1,079,543 | 2,120 | ||||
Smiles Fidelidade SA | 803,580 | 2,021 | ||||
Enauta Participacoes SA | 1,109,230 | 1,831 | ||||
Jereissati Participacoes SA | 487,600 | 1,784 | ||||
2 | Ser Educacional SA | 760,628 | 1,763 | |||
Wiz Solucoes e Corretagem de Seguros SA | 1,086,119 | 1,692 | ||||
Mahle-Metal Leve SA | 525,673 | 1,634 | ||||
Centrais Eletricas Brasileiras SA ADR (XNYS) | 313,592 | 1,615 | ||||
Cia Paranaense de Energia | 162,581 | 1,556 | ||||
Alliar Medicos A Frente SA | 602,500 | 1,016 | ||||
* | Banco Inter SA GDR | 72,580 | 209 | |||
* | Ambev SA ADR | 80,272 | 172 | |||
* | CVC Brasil Operadora e Agencia de Viagens SA Warrants Exp. 01/29/2021 | 319,670 | 111 | |||
* | Oi SA ADR | 1 | — | |||
*,3 | Banco HSBC Bamerindus SA | 52,300 | — | |||
4,252,036 | ||||||
Chile (0.6%) | ||||||
Empresas COPEC SA | 6,630,567 | 50,589 | ||||
Banco de Chile | 592,216,688 | 45,720 | ||||
Enel Americas SA | 316,272,300 | 41,962 | ||||
Sociedad Quimica y Minera de Chile SA Preference Shares Class B | 1,038,607 | 37,942 | ||||
Empresas CMPC SA | 16,242,891 | 33,778 | ||||
Falabella SA | 10,728,146 | 29,411 | ||||
Cencosud SA | 18,145,418 | 25,225 |
Shares | Market Value ($000) | |||||
Sociedad Quimica y Minera de Chile SA ADR | 589,032 | 21,800 | ||||
Banco de Credito e Inversiones SA | 642,476 | 20,107 | ||||
Enel Chile SA | 293,135,243 | 19,670 | ||||
Banco Santander Chile | 453,486,716 | 15,875 | ||||
Colbun SA | 98,694,305 | 14,894 | ||||
Banco Santander Chile ADR | 981,038 | 13,617 | ||||
Cia Cervecerias Unidas SA | 2,004,933 | 11,149 | ||||
Enel Americas SA ADR | 1,639,605 | 10,657 | ||||
Empresa Nacional de Telecomunicaciones SA | 1,871,226 | 10,547 | ||||
Parque Arauco SA | 8,197,410 | 10,517 | ||||
Aguas Andinas SA Class A | 37,324,766 | 9,695 | ||||
Cencosud Shopping SA | 6,587,426 | 8,706 | ||||
CAP SA | 998,040 | 8,234 | ||||
Engie Energia Chile SA | 6,686,235 | 7,038 | ||||
* | Cia Sud Americana de Vapores SA | 231,815,095 | 6,745 | |||
Itau CorpBanca Chile SA | 2,314,201,980 | 6,102 | ||||
AES Gener SA | 38,423,033 | 5,963 | ||||
Embotelladora Andina SA Preference Shares Class B | 2,553,455 | 5,316 | ||||
SMU SA | 39,524,631 | 5,144 | ||||
Plaza SA | 4,033,928 | 5,144 | ||||
Vina Concha y Toro SA | 3,218,970 | 5,137 | ||||
Latam Airlines Group SA | 3,024,840 | 4,556 | ||||
Inversiones Aguas Metropolitanas SA | 6,741,307 | 4,542 | ||||
SONDA SA | 7,096,899 | 4,499 | ||||
Enel Chile SA ADR | 1,322,117 | 4,403 | ||||
Ripley Corp. SA | 14,356,234 | 3,580 | ||||
Inversiones La Construccion SA | 449,396 | 2,412 | ||||
Salfacorp SA | 4,524,748 | 2,189 | ||||
Besalco SA | 3,055,631 | 1,327 | ||||
Forus SA | 1,032,492 | 1,267 | ||||
515,459 | ||||||
China (45.3%) | ||||||
* | Alibaba Group Holding Ltd. ADR | 23,113,555 | 7,042,469 | |||
Tencent Holdings Ltd. | 75,281,282 | 5,751,915 | ||||
* | Meituan Class B | 47,138,369 | 1,757,280 | |||
* | JD.com Inc. ADR | 11,275,122 | 919,148 | |||
China Construction Bank Corp. Class H | 1,201,722,103 | 828,123 | ||||
Ping An Insurance Group Co. of China Ltd. Class H | 70,421,313 | 728,133 | ||||
Industrial & Commercial Bank of China Ltd. Class H | 1,050,775,614 | 596,698 | ||||
* | Baidu Inc. ADR | 3,564,387 | 474,242 | |||
*,2 | Xiaomi Corp. Class B | 160,877,720 | 457,542 | |||
NetEase Inc. ADR | 4,939,776 | 428,723 | ||||
China Mobile Ltd. | 69,313,049 | 423,956 | ||||
* | NIO Inc. ADR | 12,601,077 | 385,341 | |||
*,2 | Wuxi Biologics Cayman Inc. | 12,574,522 | 353,139 | |||
* | TAL Education Group ADR | 5,117,138 | 340,085 | |||
* | Pinduoduo Inc. ADR | 3,627,355 | 326,389 | |||
Bank of China Ltd. Class H | 1,025,343,735 | 323,866 | ||||
China Merchants Bank Co. Ltd. Class H | 57,737,295 | 300,750 | ||||
* | New Oriental Education & Technology Group Inc. ADR | 1,790,516 | 287,163 | |||
China Life Insurance Co. Ltd. Class H | 99,996,734 | 218,185 | ||||
BYD Co. Ltd. Class H | 10,576,656 | 213,805 | ||||
Kweichow Moutai Co. Ltd. Class A (XSSC) | 777,167 | 194,173 | ||||
CNOOC Ltd. | 207,028,883 | 189,422 | ||||
* | Trip.com Group Ltd. ADR | 6,135,490 | 176,457 | |||
ANTA Sports Products Ltd. | 15,705,805 | 174,353 | ||||
* | Semiconductor Manufacturing International Corp. | 55,979,500 | 165,147 | |||
* | China Mengniu Dairy Co. Ltd. | 34,462,000 | 162,465 | |||
Shenzhou International Group Holdings Ltd. | 9,269,133 | 161,277 | ||||
Agricultural Bank of China Ltd. Class H | 454,342,343 | 154,575 |
Shares | Market Value ($000) | |||||
ZTO Express Cayman Inc. ADR | 5,152,765 | 149,327 | ||||
* | Alibaba Health Information Technology Ltd. | 55,975,112 | 146,791 | |||
China Resources Land Ltd. | 34,925,325 | 142,833 | ||||
Geely Automobile Holdings Ltd. | 69,276,743 | 142,354 | ||||
Sunny Optical Technology Group Co. Ltd. | 8,488,475 | 140,935 | ||||
China Petroleum & Chemical Corp. Class H | 341,794,822 | 133,461 | ||||
Sino Biopharmaceutical Ltd. | 126,741,444 | 128,388 | ||||
China Resources Beer Holdings Co. Ltd. | 20,351,124 | 126,270 | ||||
Ping An Insurance Group Co. of China Ltd. Class A | 10,672,707 | 124,205 | ||||
ENN Energy Holdings Ltd. | 9,790,955 | 123,915 | ||||
China Pacific Insurance Group Co. Ltd. Class H | 39,572,192 | 123,840 | ||||
China Overseas Land & Investment Ltd. | 49,118,341 | 123,375 | ||||
*,2 | Innovent Biologics Inc. | 16,455,320 | 122,016 | |||
Li Ning Co. Ltd. | 23,152,480 | 120,669 | ||||
Longfor Group Holdings Ltd. | 21,864,101 | 119,796 | ||||
Sunac China Holdings Ltd. | 32,214,526 | 119,392 | ||||
CSPC Pharmaceutical Group Ltd. | 108,845,529 | 115,586 | ||||
* | Vipshop Holdings Ltd. ADR | 5,377,719 | 115,083 | |||
Country Garden Holdings Co. Ltd. | 92,655,469 | 114,509 | ||||
Country Garden Services Holdings Co. Ltd. | 16,952,331 | 106,761 | ||||
Anhui Conch Cement Co. Ltd. Class H | 16,926,135 | 105,881 | ||||
China Gas Holdings Ltd. | 33,616,011 | 103,304 | ||||
* | KE Holdings Inc. ADR | 1,439,014 | 100,371 | |||
China Conch Venture Holdings Ltd. | 22,039,518 | 98,138 | ||||
*,1 | GDS Holdings Ltd. ADR | 1,146,108 | 96,319 | |||
2 | China Tower Corp. Ltd. Class H | 599,210,936 | 93,773 | |||
Xinyi Solar Holdings Ltd. | 50,946,000 | 93,071 | ||||
Kweichow Moutai Co. Ltd. Class A (XSHG) | 366,461 | 91,559 | ||||
* | Tencent Music Entertainment Group ADR | 5,935,785 | 88,324 | |||
Huazhu Group Ltd. ADR (XNGS) | 2,129,900 | 84,408 | ||||
* | Yihai International Holding Ltd. | 6,349,648 | 84,349 | |||
CITIC Securities Co. Ltd. Class H | 38,353,587 | 83,158 | ||||
* | Bilibili Inc. ADR | 1,842,635 | 82,310 | |||
Wuliangye Yibin Co. Ltd. Class A (XSHE) | 2,236,198 | 81,761 | ||||
China Vanke Co. Ltd. Class H | 26,311,100 | 81,669 | ||||
China Shenhua Energy Co. Ltd. Class H | 46,891,360 | 81,246 | ||||
* | Kingdee International Software Group Co. Ltd. | 29,931,284 | 79,026 | |||
2 | China Feihe Ltd. | 34,103,000 | 77,592 | |||
Great Wall Motor Co. Ltd. Class H | 47,037,875 | 76,158 | ||||
* | iQIYI Inc. ADR | 3,073,337 | 75,911 | |||
Autohome Inc. ADR | 773,609 | 73,918 | ||||
PetroChina Co. Ltd. Class H | 262,069,227 | 73,599 | ||||
* | Zai Lab Ltd. ADR | 870,529 | 71,427 | |||
2 | Haidilao International Holding Ltd. | 10,682,000 | 70,755 | |||
Shimao Group Holdings Ltd. | 19,118,423 | 67,723 | ||||
Hengan International Group Co. Ltd. | 9,527,026 | 66,456 | ||||
JOYY Inc. ADR | 726,706 | 66,406 | ||||
*,2 | Ping An Healthcare & Technology Co. Ltd. | 5,121,295 | 66,083 | |||
Haier Electronics Group Co. Ltd. | 16,545,535 | 63,075 | ||||
1 | China Evergrande Group | 31,627,057 | 63,071 | |||
Kingsoft Corp. Ltd. | 11,640,078 | 62,615 | ||||
China Minsheng Banking Corp. Ltd. Class H | 113,686,094 | 62,219 | ||||
Zijin Mining Group Co. Ltd. Class H | 85,086,097 | 62,029 | ||||
2 | Postal Savings Bank of China Co. Ltd. Class H | 125,965,010 | 61,819 | |||
China National Building Material Co. Ltd. Class H | 52,659,473 | 60,614 | ||||
Shandong Weigao Group Medical Polymer Co. Ltd. Class H | 30,963,844 | 60,051 | ||||
Zhongsheng Group Holdings Ltd. | 8,320,406 | 59,327 | ||||
China Telecom Corp. Ltd. Class H | 187,115,743 | 58,737 | ||||
Guangdong Investment Ltd. | 39,524,021 | 58,618 | ||||
*,2 | Hansoh Pharmaceutical Group Co. Ltd. | 13,074,000 | 58,515 |
Shares | Market Value ($000) | |||||
PICC Property & Casualty Co. Ltd. Class H | 85,156,207 | 57,797 | ||||
New China Life Insurance Co. Ltd. Class H | 13,249,205 | 52,955 | ||||
China Resources Gas Group Ltd. | 12,074,405 | 52,466 | ||||
Bank of Communications Co. Ltd. Class H | 105,037,609 | 51,677 | ||||
China Merchants Bank Co. Ltd. Class A (XSSC) | 8,492,749 | 50,539 | ||||
China Unicom Hong Kong Ltd. | 79,751,981 | 49,158 | ||||
Jiangsu Hengrui Medicine Co. Ltd. Class A (XSSC) | 3,578,619 | 47,598 | ||||
Guangzhou Automobile Group Co. Ltd. Class H | 45,536,820 | 46,816 | ||||
Haitong Securities Co. Ltd. Class H | 55,146,470 | 46,717 | ||||
Weichai Power Co. Ltd. Class H | 24,614,294 | 46,676 | ||||
China CITIC Bank Corp. Ltd. Class H | 110,219,476 | 44,860 | ||||
BYD Electronic International Co. Ltd. | 10,319,029 | 44,470 | ||||
Wuliangye Yibin Co. Ltd. Class A (XSEC) | 1,202,262 | 43,958 | ||||
CITIC Ltd. | 61,203,026 | 43,756 | ||||
Luxshare Precision Industry Co. Ltd. Class A (XSHE) | 5,054,183 | 41,398 | ||||
Industrial Bank Co. Ltd. Class A (XSSC) | 15,261,465 | 40,601 | ||||
China Jinmao Holdings Group Ltd. | 79,388,771 | 40,223 | ||||
*,1 | GSX Techedu Inc. ADR | 597,186 | 39,665 | |||
China Tourism Group Duty Free Corp. Ltd. Class A (XSHG) | 1,316,282 | 39,240 | ||||
Sinopharm Group Co. Ltd. Class H | 17,056,425 | 39,186 | ||||
China Resources Cement Holdings Ltd. | 29,469,076 | 38,588 | ||||
Industrial & Commercial Bank of China Ltd. Class A (XSSC) | 51,061,779 | 37,525 | ||||
Hangzhou Hikvision Digital Technology Co. Ltd. Class A (XSHE) | 5,555,769 | 37,345 | ||||
Fosun International Ltd. | 29,764,625 | 35,942 | ||||
Tsingtao Brewery Co. Ltd. Class H | 4,276,736 | 35,438 | ||||
GF Securities Co. Ltd. Class A | 15,329,055 | 35,340 | ||||
China Communications Construction Co. Ltd. Class H | 67,214,670 | 35,195 | ||||
* | China Biologic Products Holdings Inc. | 299,013 | 34,748 | |||
*,2 | China International Capital Corp. Ltd. Class H | 14,841,540 | 34,679 | |||
Aier Eye Hospital Group Co. Ltd. Class A | 3,704,398 | 34,506 | ||||
2 | CGN Power Co. Ltd. Class H | 155,402,514 | 33,330 | |||
Kingboard Holdings Ltd. | 9,745,608 | 33,009 | ||||
2 | WuXi AppTec Co. Ltd. Class H | 2,025,266 | 32,381 | |||
Wanhua Chemical Group Co. Ltd. Class A (XSHG) | 2,749,308 | 32,321 | ||||
Brilliance China Automotive Holdings Ltd. | 37,377,099 | 32,264 | ||||
Gree Electric Appliances Inc. of Zhuhai Class A (XSHE) | 3,661,200 | 32,098 | ||||
* | SINA Corp. | 746,186 | 31,974 | |||
Agricultural Bank of China Ltd. Class A (XSSC) | 67,860,295 | 31,929 | ||||
People's Insurance Co. Group of China Ltd. Class H | 106,873,422 | 31,801 | ||||
CIFI Holdings Group Co. Ltd. | 45,883,897 | 31,788 | ||||
* | Weibo Corp. ADR | 761,529 | 31,642 | |||
Shanghai Pudong Development Bank Co. Ltd. Class A (XSSC) | 22,816,031 | 31,562 | ||||
Momo Inc. ADR | 2,085,238 | 31,279 | ||||
China Longyuan Power Group Corp. Ltd. Class H | 45,298,493 | 31,048 | ||||
Shanghai Fosun Pharmaceutical Group Co. Ltd. Class H | 7,495,109 | 30,932 | ||||
WuXi AppTec Co. Ltd. Class A (XSSC) | 1,812,970 | 30,626 | ||||
Ping An Bank Co. Ltd. Class A (XSHE) | 11,357,604 | 30,140 | ||||
LONGi Green Energy Technology Co. Ltd. Class A (XSSC) | 2,632,158 | 29,927 | ||||
2 | Huatai Securities Co. Ltd. Class H | 18,327,208 | 29,683 | |||
China Taiping Insurance Holdings Co. Ltd. | 19,576,600 | 29,564 | ||||
China Galaxy Securities Co. Ltd. Class H | 52,456,875 | 28,790 | ||||
Chongqing Zhifei Biological Products Co. Ltd. Class A | 1,187,871 | 28,452 | ||||
Nine Dragons Paper Holdings Ltd. | 21,238,910 | 28,329 | ||||
Far East Horizon Ltd. | 28,619,130 | 28,228 | ||||
* | Beijing Enterprises Water Group Ltd. | 73,406,691 | 27,924 | |||
Dongfeng Motor Group Co. Ltd. Class H | 39,232,430 | 27,636 | ||||
* | COSCO SHIPPING Holdings Co. Ltd. Class H | 42,866,158 | 27,429 | |||
Fuyao Glass Industry Group Co. Ltd. Class A (XSHG) | 4,860,732 | 27,252 |
Shares | Market Value ($000) | |||||
TravelSky Technology Ltd. Class H | 12,924,867 | 27,246 | ||||
* | JD.com Inc. Class A | 664,136 | 27,089 | |||
2 | Topsports International Holdings Ltd. | 19,736,000 | 27,062 | |||
*,1 | JinkoSolar Holding Co. Ltd. ADR | 454,519 | 26,498 | |||
Shenzhen Mindray Bio-Medical Electronics Co. Ltd. Class A (XSEC) | 457,569 | 26,487 | ||||
* | 51job Inc. ADR | 374,768 | 26,271 | |||
China Resources Power Holdings Co. Ltd. | 25,187,149 | 26,215 | ||||
Agile Group Holdings Ltd. | 18,969,226 | 26,029 | ||||
Kunlun Energy Co. Ltd. | 40,109,541 | 25,967 | ||||
China Railway Group Ltd. Class H | 56,305,604 | 25,918 | ||||
China Yangtze Power Co. Ltd. Class A (XSHG) | 8,999,991 | 25,532 | ||||
China Life Insurance Co. Ltd. Class A | 3,668,840 | 25,314 | ||||
Huatai Securities Co. Ltd. Class A (XSSC) | 8,272,931 | 25,227 | ||||
China Hongqiao Group Ltd. | 34,587,500 | 25,025 | ||||
Inner Mongolia Yili Industrial Group Co. Ltd. Class A (XSSC) | 4,179,492 | 24,837 | ||||
* | 21Vianet Group Inc. ADR | 1,073,950 | 24,658 | |||
CRRC Corp. Ltd. Class H | 63,132,812 | 24,488 | ||||
Muyuan Foods Co. Ltd. Class A (XSHE) | 2,299,308 | 24,384 | ||||
China Everbright Environment Group Ltd. | 47,978,203 | 24,206 | ||||
China Construction Bank Corp. Class A (XSSC) | 25,753,909 | 24,202 | ||||
*,1,2 | China Literature Ltd. | 2,914,364 | 23,943 | |||
*,1,2 | ZhongAn Online P&C Insurance Co. Ltd. Class H | 4,543,093 | 23,781 | |||
Anhui Gujing Distillery Co. Ltd. Class B | 2,051,906 | 23,347 | ||||
CSC Financial Co. Ltd. Class A | 3,617,577 | 23,218 | ||||
2 | China Merchants Securities Co. Ltd. Class H | 18,595,456 | 23,064 | |||
Pharmaron Beijing Co. Ltd. Class A (XSEC) | 1,339,371 | 23,020 | ||||
* | Alibaba Pictures Group Ltd. | 176,009,250 | 22,987 | |||
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd. Class A (XSHE) | 913,928 | 22,985 | ||||
Sinotruk Hong Kong Ltd. | 8,978,967 | 22,967 | ||||
KWG Group Holdings Ltd. | 17,237,797 | 22,859 | ||||
China State Construction Engineering Corp. Ltd. Class A (XSSC) | 29,655,370 | 22,670 | ||||
ZTE Corp. Class H | 10,219,639 | 22,596 | ||||
China Meidong Auto Holdings Ltd. | 5,470,521 | 22,402 | ||||
Shanghai Baosight Software Co. Ltd. Class B | 5,735,372 | 22,398 | ||||
Agricultural Bank of China Ltd. Class A (XSHG) | 47,553,500 | 22,375 | ||||
BYD Co. Ltd. Class A (XSEC) | 929,638 | 22,181 | ||||
China Cinda Asset Management Co. Ltd. Class H | 118,133,276 | 22,161 | ||||
SAIC Motor Corp. Ltd. Class A (XSSC) | 6,364,713 | 22,034 | ||||
Hopson Development Holdings Ltd. | 8,601,434 | 22,005 | ||||
Kingboard Laminates Holdings Ltd. | 13,719,299 | 21,927 | ||||
Shandong Gold Mining Co. Ltd. Class A (XSSC) | 6,118,406 | 21,888 | ||||
Shenzhen Mindray Bio-Medical Electronics Co. Ltd. Class A (XSHE) | 376,787 | 21,811 | ||||
*,1 | Baozun Inc. ADR | 592,931 | 21,695 | |||
*,1 | Canadian Solar Inc. | 596,752 | 21,692 | |||
Logan Group Co. Ltd. | 13,801,165 | 21,654 | ||||
Hangzhou Hikvision Digital Technology Co. Ltd. Class A (XSEC) | 3,160,031 | 21,241 | ||||
Luzhou Laojiao Co. Ltd. Class A (XSHE) | 820,599 | 21,194 | ||||
SF Holding Co. Ltd. Class A (XSHE) | 1,701,724 | 21,079 | ||||
Zhuzhou CRRC Times Electric Co. Ltd. Class H | 6,827,479 | 21,025 | ||||
China Railway Construction Corp. Ltd. Class H | 30,827,689 | 20,883 | ||||
Haier Smart Home Co. Ltd. Class A (XSSC) | 5,554,907 | 20,669 | ||||
Beijing Enterprises Holdings Ltd. | 6,817,767 | 20,540 | ||||
Jiangxi Copper Co. Ltd. Class H | 17,094,722 | 20,414 | ||||
Huaneng Power International Inc. Class H | 54,619,822 | 20,404 | ||||
Poly Developments & Holdings Group Co. Ltd. Class A (XSSC) | 8,858,870 | 20,366 |
Shares | Market Value ($000) | |||||
China Lesso Group Holdings Ltd. | 12,457,317 | 20,196 | ||||
* | Seazen Group Ltd. | 26,587,824 | 19,933 | |||
China Molybdenum Co. Ltd. Class H | 54,184,171 | 19,720 | ||||
1,2 | Jinxin Fertility Group Ltd. | 16,126,000 | 19,627 | |||
*,1,2 | Weimob Inc. | 15,058,000 | 19,382 | |||
Bank of China Ltd. Class A (XSSC) | 40,661,200 | 19,315 | ||||
* | Chinasoft International Ltd. | 26,573,155 | 19,290 | |||
Haitian International Holdings Ltd. | 7,774,180 | 19,269 | ||||
1 | Hebei Construction Group Corp. Ltd. Class H | 5,763,000 | 19,227 | |||
*,2 | Hua Hong Semiconductor Ltd. | 5,209,188 | 19,191 | |||
2 | A-Living Services Co. Ltd. Class H | 4,555,663 | 19,185 | |||
*,1,2 | CanSino Biologics Inc. Class H | 979,200 | 19,162 | |||
Yanzhou Coal Mining Co. Ltd. Class H | 26,296,023 | 19,138 | ||||
Guangzhou R&F Properties Co. Ltd. Class H | 15,008,336 | 19,086 | ||||
China Vanke Co. Ltd. Class A (XSHE) | 4,615,797 | 19,034 | ||||
*,1 | HUYA Inc. ADR | 848,354 | 19,003 | |||
Yangzijiang Shipbuilding Holdings Ltd. | 27,977,098 | 18,836 | ||||
2 | Yadea Group Holdings Ltd. | 13,150,000 | 18,829 | |||
China Merchants Port Holdings Co. Ltd. | 17,626,671 | 18,737 | ||||
Shanghai Pharmaceuticals Holding Co. Ltd. Class H | 12,055,426 | 18,714 | ||||
East Money Information Co. Ltd. Class A (XSEC) | 5,341,336 | 18,713 | ||||
* | Tongcheng-Elong Holdings Ltd. | 11,213,600 | 18,663 | |||
Shenzhen International Holdings Ltd. | 11,980,978 | 18,656 | ||||
China Communications Services Corp. Ltd. Class H | 31,962,821 | 18,623 | ||||
* | Daqo New Energy Corp. ADR | 101,919 | 18,611 | |||
Contemporary Amperex Technology Co. Ltd. Class A (XSHE) | 503,200 | 18,481 | ||||
* | DouYu International Holdings Ltd. ADR | 1,207,671 | 18,477 | |||
Shanxi Xinghuacun Fen Wine Factory Co. Ltd. Class A (XSHG) | 548,676 | 18,463 | ||||
Bank of Ningbo Co. Ltd. Class A (XSHE) | 3,591,770 | 18,250 | ||||
Zoomlion Heavy Industry Science & Technology Co. Ltd. Class H | 20,492,332 | 18,093 | ||||
Zhaojin Mining Industry Co. Ltd. Class H | 13,967,667 | 18,082 | ||||
1 | Flat Glass Group Co. Ltd. Class H | 6,036,000 | 18,033 | |||
Sany Heavy Industry Co. Ltd. Class A (XSSC) | 4,621,864 | 17,961 | ||||
China Medical System Holdings Ltd. | 16,789,584 | 17,656 | ||||
Jiangsu Hengrui Medicine Co. Ltd. Class A (XSHG) | 1,323,043 | 17,597 | ||||
Ping An Bank Co. Ltd. Class A (XSEC) | 6,479,400 | 17,195 | ||||
2 | Dali Foods Group Co. Ltd. | 27,683,548 | 17,188 | |||
China State Construction International Holdings Ltd. | 24,537,728 | 17,022 | ||||
AviChina Industry & Technology Co. Ltd. Class H | 32,812,476 | 16,927 | ||||
Greentown China Holdings Ltd. | 10,365,219 | 16,846 | ||||
Air China Ltd. Class H | 25,822,808 | 16,705 | ||||
Jiangsu Expressway Co. Ltd. Class H | 16,635,976 | 16,651 | ||||
* | Genscript Biotech Corp. | 11,953,320 | 16,644 | |||
Gree Electric Appliances Inc. of Zhuhai Class A (XSEC) | 1,898,453 | 16,644 | ||||
China Everbright Bank Co. Ltd. Class H | 47,830,956 | 16,576 | ||||
*,1 | GOME Retail Holdings Ltd. | 149,194,708 | 16,575 | |||
China Yongda Automobiles Services Holdings Ltd. | 11,629,152 | 16,570 | ||||
Foshan Haitian Flavouring & Food Co. Ltd. Class A (XSSC) | 676,783 | 16,198 | ||||
* | 360 DigiTech Inc. ADR | 1,403,140 | 16,164 | |||
Offcn Education Technology Co. Ltd. Class A | 2,701,976 | 15,965 | ||||
China Oilfield Services Ltd. Class H | 26,348,348 | 15,911 | ||||
Yuexiu Property Co. Ltd. | 81,521,662 | 15,828 | ||||
Henan Shuanghui Investment & Development Co. Ltd. Class A (XSHE) | 2,115,976 | 15,818 | ||||
China Aoyuan Group Ltd. | 16,680,071 | 15,686 | ||||
China Merchants Securities Co. Ltd. Class A (XSSC) | 5,051,753 | 15,631 | ||||
Wingtech Technology Co. Ltd. Class A | 1,033,431 | 15,540 | ||||
Guotai Junan Securities Co. Ltd. Class A (XSHG) | 5,635,100 | 15,529 |
Shares | Market Value ($000) | |||||
2 | China Huarong Asset Management Co. Ltd. Class H | 147,050,113 | 15,407 | |||
*,2 | 3SBio Inc. | 16,410,586 | 15,306 | |||
1 | Bosideng International Holdings Ltd. | 34,731,764 | 15,257 | |||
Shenzhen Inovance Technology Co. Ltd. Class A | 1,568,619 | 15,080 | ||||
Orient Securities Co. Ltd. Class A (XSSC) | 9,361,970 | 15,061 | ||||
China Everbright Bank Co. Ltd. Class A (XSSC) | 25,366,894 | 14,858 | ||||
Beijing Capital International Airport Co. Ltd. Class H | 24,182,447 | 14,776 | ||||
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd. Class B | 17,921,900 | 14,759 | ||||
*,2 | Alphamab Oncology | 7,274,000 | 14,727 | |||
Yonyou Network Technology Co. Ltd. Class A (XSSC) | 2,255,185 | 14,595 | ||||
China Everbright Ltd. | 11,011,100 | 14,569 | ||||
China Tourism Group Duty Free Corp. Ltd. Class A (XSSC) | 487,540 | 14,534 | ||||
1 | Tianneng Power International Ltd. | 8,915,156 | 14,524 | |||
*,1 | China Southern Airlines Co. Ltd. Class H | 27,475,638 | 14,391 | |||
Tongwei Co. Ltd. Class A (XSSC) | 3,097,885 | 14,262 | ||||
CITIC Securities Co. Ltd. Class A (XSSC) | 3,305,200 | 14,177 | ||||
1 | Xinjiang Goldwind Science & Technology Co. Ltd. Class H | 10,740,690 | 14,159 | |||
COSCO SHIPPING Ports Ltd. | 24,001,359 | 14,057 | ||||
Shenzhen Investment Ltd. | 45,499,262 | 13,899 | ||||
Luzhou Laojiao Co. Ltd. Class A (XSEC) | 531,500 | 13,727 | ||||
Times China Holdings Ltd. | 10,245,884 | 13,688 | ||||
Eve Energy Co. Ltd. Class A | 1,708,738 | 13,625 | ||||
Mango Excellent Media Co. Ltd. Class A (XSHE) | 1,220,430 | 13,545 | ||||
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd. Class A (XSSC) | 389,306 | 13,368 | ||||
Poly Property Services Co. Ltd. | 1,837,400 | 13,256 | ||||
*,1 | OneConnect Financial Technology Co. Ltd. ADR | 657,471 | 13,241 | |||
China United Network Communications Ltd. Class A (XSSC) | 18,495,724 | 13,198 | ||||
GoerTek Inc. Class A (XSHE) | 1,938,204 | 13,154 | ||||
Fu Shou Yuan International Group Ltd. | 12,680,913 | 13,062 | ||||
Anhui Conch Cement Co. Ltd. Class A (XSSC) | 1,712,561 | 13,041 | ||||
Zhejiang Expressway Co. Ltd. Class H | 19,057,477 | 13,010 | ||||
Changchun High & New Technology Industry Group Inc. Class A (XSHE) | 231,868 | 12,993 | ||||
China Traditional Chinese Medicine Holdings Co. Ltd. | 32,434,802 | 12,961 | ||||
China Overseas Property Holdings Ltd. | 17,836,311 | 12,954 | ||||
Hangzhou Tigermed Consulting Co. Ltd. Class A | 697,059 | 12,947 | ||||
2 | Luye Pharma Group Ltd. | 22,229,956 | 12,901 | |||
Jiangsu Hengli Hydraulic Co. Ltd. Class A | 1,126,339 | 12,751 | ||||
Powerlong Real Estate Holdings Ltd. | 18,817,277 | 12,669 | ||||
Kaisa Group Holdings Ltd. | 27,129,049 | 12,653 | ||||
Chongqing Rural Commercial Bank Co. Ltd. Class H | 31,505,539 | 12,580 | ||||
China CITIC Bank Corp. Ltd. Class A (XSSC) | 16,650,032 | 12,562 | ||||
1 | Ever Sunshine Lifestyle Services Group Ltd. | 7,236,000 | 12,512 | |||
China Merchants Bank Co. Ltd. Class A (XSHG) | 2,082,000 | 12,390 | ||||
Greentown Service Group Co. Ltd. | 11,253,893 | 12,355 | ||||
*,1,2 | Zhou Hei Ya International Holdings Co. Ltd. | 12,446,404 | 12,114 | |||
2 | Ganfeng Lithium Co. Ltd. Class H | 2,080,200 | 12,101 | |||
* | XD Inc. | 2,492,000 | 12,089 | |||
Digital China Holdings Ltd. | 16,388,894 | 12,066 | ||||
Focus Media Information Technology Co. Ltd. Class A (XSHE) | 8,573,431 | 11,990 | ||||
Sany Heavy Industry Co. Ltd. Class A (XSHG) | 3,076,413 | 11,955 | ||||
Yuzhou Group Holdings Co. Ltd. | 30,883,926 | 11,954 | ||||
*,1,2 | Shanghai Junshi Biosciences Co. Ltd. Class H | 1,986,000 | 11,943 | |||
* | LexinFintech Holdings Ltd. ADR | 1,444,349 | 11,901 | |||
Will Semiconductor Ltd. Class A (XSHG) | 401,200 | 11,884 | ||||
China Power International Development Ltd. | 61,379,063 | 11,819 | ||||
China Yangtze Power Co. Ltd. Class A (XSSC) | 4,162,028 | 11,807 |
Shares | Market Value ($000) | |||||
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd. Class A (XSEC) | 469,409 | 11,805 | ||||
Zijin Mining Group Co. Ltd. Class A (XSSC) | 11,021,400 | 11,597 | ||||
1 | Ausnutria Dairy Corp. Ltd. | 8,069,950 | 11,533 | |||
Shanghai International Airport Co. Ltd. Class A (XSSC) | 1,152,067 | 11,397 | ||||
* | Noah Holdings Ltd. ADR | 431,213 | 11,354 | |||
ZTE Corp. Class A (XSEC) | 2,352,274 | 11,346 | ||||
* | Aluminum Corp. of China Ltd. Class H | 51,718,237 | 11,296 | |||
* | Tianli Education International Holdings Ltd. | 14,192,000 | 11,286 | |||
Bank of Communications Co. Ltd. Class A (XSSC) | 16,669,079 | 11,279 | ||||
2 | AK Medical Holdings Ltd. | 5,024,000 | 11,242 | |||
New China Life Insurance Co. Ltd. Class A (XSSC) | 1,168,286 | 11,229 | ||||
2 | China Resources Pharmaceutical Group Ltd. | 22,315,126 | 11,156 | |||
2 | BAIC Motor Corp. Ltd. Class H | 29,857,093 | 11,042 | |||
* | Shanghai Electric Group Co. Ltd. Class H | 38,669,315 | 10,991 | |||
Shenwan Hongyuan Group Co. Ltd. Class A (XSHE) | 14,548,981 | 10,973 | ||||
*,1,2 | Koolearn Technology Holding Ltd. | 3,374,500 | 10,926 | |||
1 | China Eastern Airlines Corp. Ltd. Class H | 27,358,558 | 10,900 | |||
Shoucheng Holdings Ltd. | 30,279,211 | 10,874 | ||||
China Pacific Insurance Group Co. Ltd. Class A (XSSC) | 2,266,627 | 10,825 | ||||
* | Zhejiang Century Huatong Group Co. Ltd. Class A | 8,455,700 | 10,789 | |||
2 | China East Education Holdings Ltd. | 5,597,000 | 10,787 | |||
Shanghai Fosun Pharmaceutical Group Co. Ltd. Class A (XSSC) | 1,323,699 | 10,785 | ||||
Hundsun Technologies Inc. Class A (XSSC) | 773,451 | 10,776 | ||||
Yifeng Pharmacy Chain Co. Ltd. Class A | 706,200 | 10,756 | ||||
China Petroleum & Chemical Corp. Class A | 18,412,819 | 10,734 | ||||
Industrial Bank Co. Ltd. Class A (XSHG) | 3,996,701 | 10,633 | ||||
China Merchants Shekou Industrial Zone Holdings Co. Ltd. Class A (XSHE) | 5,050,130 | 10,630 | ||||
SSY Group Ltd. | 19,407,775 | 10,623 | ||||
CRRC Corp. Ltd. Class A (XSSC) | 13,168,235 | 10,613 | ||||
Shenzhen Kangtai Biological Products Co. Ltd. Class A (XSHE) | 387,600 | 10,521 | ||||
Walvax Biotechnology Co. Ltd. Class A | 1,395,857 | 10,409 | ||||
Bank of Shanghai Co. Ltd. Class A (XSHG) | 8,858,061 | 10,392 | ||||
BOE Technology Group Co. Ltd. Class A (XSHE) | 14,633,654 | 10,365 | ||||
2 | China Yuhua Education Corp. Ltd. | 13,087,676 | 10,353 | |||
*,2 | Jiumaojiu International Holdings Ltd. | 4,685,000 | 10,341 | |||
Huaxia Bank Co. Ltd. Class A (XSSC) | 11,358,262 | 10,284 | ||||
Shenwan Hongyuan Group Co. Ltd. Class A (XSEC) | 13,625,974 | 10,277 | ||||
Muyuan Foods Co. Ltd. Class A (XSEC) | 966,405 | 10,249 | ||||
Yunnan Baiyao Group Co. Ltd. Class A (XSHE) | 663,692 | 10,227 | ||||
Everbright Securities Co. Ltd. Class A (XSSC) | 3,781,910 | 10,194 | ||||
Shanghai Lingang Holdings Corp. Ltd. Class A | 3,005,968 | 10,185 | ||||
Maxscend Microelectronics Co. Ltd. Class A | 153,360 | 9,947 | ||||
China International Marine Containers Group Co. Ltd. Class H | 7,289,578 | 9,907 | ||||
2 | Guotai Junan Securities Co. Ltd. Class H | 7,598,136 | 9,904 | |||
Chongqing Changan Automobile Co. Ltd. Class B | 14,299,340 | 9,807 | ||||
Fuyao Glass Industry Group Co. Ltd. Class A (XSSC) | 1,746,913 | 9,794 | ||||
Sanan Optoelectronics Co. Ltd. Class A (XSSC) | 2,937,042 | 9,776 | ||||
Tsingtao Brewery Co. Ltd. Class A (XSSC) | 821,786 | 9,746 | ||||
Lingyi iTech Guangdong Co. Class A (XSHE) | 4,974,800 | 9,714 | ||||
Huayu Automotive Systems Co. Ltd. Class A (XSSC) | 2,059,116 | 9,579 | ||||
New Hope Liuhe Co. Ltd. Class A (XSHE) | 2,373,324 | 9,536 | ||||
LONGi Green Energy Technology Co. Ltd. Class A (XSHG) | 838,292 | 9,531 | ||||
Huaxin Cement Co. Ltd. Class B | 4,568,494 | 9,529 | ||||
Weichai Power Co. Ltd. Class A (XSEC) | 4,204,300 | 9,514 | ||||
*,1,2 | China Logistics Property Holdings Co. Ltd. | 18,031,409 | 9,426 | |||
Luxshare Precision Industry Co. Ltd. Class A (XSEC) | 1,149,286 | 9,414 |
Shares | Market Value ($000) | |||||
1,2 | Legend Holdings Corp. Class H | 6,992,714 | 9,409 | |||
China SCE Group Holdings Ltd. | 21,886,301 | 9,407 | ||||
Citic Pacific Special Steel Group Co. Ltd. Class A (XSHE) | 3,871,454 | 9,346 | ||||
Xinyi Energy Holdings Ltd. | 18,064,000 | 9,318 | ||||
Foshan Haitian Flavouring & Food Co. Ltd. Class A (XSHG) | 389,059 | 9,312 | ||||
Lao Feng Xiang Co. Ltd. Class B | 3,127,520 | 9,291 | ||||
BOE Technology Group Co. Ltd. Class A | 25,164,909 | 9,270 | ||||
Tsingtao Brewery Co. Ltd. Class A (XSHG) | 773,551 | 9,174 | ||||
Daqin Railway Co. Ltd. Class A (XSSC) | 9,556,460 | 9,153 | ||||
COFCO Joycome Foods Ltd. | 27,910,000 | 9,101 | ||||
Suzhou Dongshan Precision Manufacturing Co. Ltd. Class A | 2,399,500 | 9,099 | ||||
Bank of Beijing Co. Ltd. Class A (XSSC) | 12,900,573 | 9,001 | ||||
China Overseas Grand Oceans Group Ltd. | 15,386,142 | 8,982 | ||||
SAIC Motor Corp. Ltd. Class A (XSHG) | 2,589,465 | 8,965 | ||||
Gigadevice Semiconductor Beijing Inc. Class A (XSSC) | 306,778 | 8,918 | ||||
* | Topchoice Medical Corp. Class A | 263,079 | 8,866 | |||
China Water Affairs Group Ltd. | 12,346,149 | 8,857 | ||||
COSCO SHIPPING Energy Transportation Co. Ltd. Class H | 22,388,261 | 8,831 | ||||
Inner Mongolia Yitai Coal Co. Ltd. Class B | 13,995,696 | 8,781 | ||||
*,1 | GCL-Poly Energy Holdings Ltd. | 190,927,171 | 8,768 | |||
Sinopec Shanghai Petrochemical Co. Ltd. Class H | 47,360,131 | 8,753 | ||||
*,2,3 | Tianhe Chemicals Group Ltd. | 57,304,542 | 8,648 | |||
China Coal Energy Co. Ltd. Class H | 35,323,653 | 8,629 | ||||
Sinotrans Ltd. Class H | 29,094,836 | 8,616 | ||||
Hollysys Automation Technologies Ltd. | 763,319 | 8,542 | ||||
Livzon Pharmaceutical Group Inc. Class A (XSHE) | 1,176,881 | 8,520 | ||||
China Reinsurance Group Corp. Class H | 88,755,940 | 8,495 | ||||
Shanxi Xinghuacun Fen Wine Factory Co. Ltd. Class A (XSSC) | 249,900 | 8,409 | ||||
Guangdong Haid Group Co. Ltd. Class A (XSHE) | 907,167 | 8,355 | ||||
1 | Health & Happiness H&H International Holdings Ltd. | 2,067,951 | 8,237 | |||
1,2 | Viva Biotech Holdings | 8,569,500 | 8,182 | |||
2 | Hope Education Group Co. Ltd. | 34,590,000 | 8,155 | |||
Contemporary Amperex Technology Co. Ltd. Class A (XSEC) | 221,485 | 8,134 | ||||
NAURA Technology Group Co. Ltd. Class A (XSHE) | 317,300 | 8,130 | ||||
Guotai Junan Securities Co. Ltd. Class A (XSSC) | 2,949,368 | 8,128 | ||||
Shanghai Industrial Holdings Ltd. | 6,082,289 | 8,127 | ||||
Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd. Class A | 7,637,500 | 8,058 | ||||
Bank of Ningbo Co. Ltd. Class A (XSEC) | 1,581,700 | 8,037 | ||||
SF Holding Co. Ltd. Class A (XSEC) | 644,205 | 7,980 | ||||
Inner Mongolia Yili Industrial Group Co. Ltd. Class A (XSHG) | 1,340,562 | 7,966 | ||||
* | Alibaba Group Holding Ltd. | 206,200 | 7,814 | |||
Glodon Co. Ltd. Class A (XSHE) | 732,431 | 7,798 | ||||
China Education Group Holdings Ltd. | 4,661,724 | 7,771 | ||||
Chaozhou Three-Circle Group Co. Ltd. Class A | 1,664,608 | 7,729 | ||||
China Railway Construction Corp. Ltd. Class A (XSSC) | 6,174,277 | 7,696 | ||||
Yonghui Superstores Co. Ltd. Class A (XSSC) | 6,583,940 | 7,691 | ||||
* | ZTO Express Cayman Inc. | 260,043 | 7,688 | |||
* | Founder Securities Co. Ltd. Class A (XSSC) | 5,520,913 | 7,686 | |||
Suning.com Co. Ltd. Class A (XSHE) | 5,278,922 | 7,659 | ||||
Sungrow Power Supply Co. Ltd. Class A | 1,313,254 | 7,637 | ||||
Baoshan Iron & Steel Co. Ltd. Class A (XSHG) | 9,505,794 | 7,591 | ||||
E-House China Enterprise Holdings Ltd. | 7,412,100 | 7,587 | ||||
Poly Property Group Co. Ltd. | 26,127,038 | 7,546 | ||||
Shenzhen Expressway Co. Ltd. Class H | 8,459,170 | 7,545 | ||||
Sinopec Engineering Group Co. Ltd. Class H | 19,398,064 | 7,540 | ||||
TCL Technology Group Corp. Class A (XSHE) | 8,341,322 | 7,540 |
Shares | Market Value ($000) | |||||
Sino-Ocean Group Holding Ltd. | 39,352,089 | 7,527 | ||||
* | JA Solar Technology Co. Ltd. Class A | 1,306,800 | 7,501 | |||
* | China Shipbuilding Industry Co. Ltd. Class A (XSSC) | 12,036,852 | 7,487 | |||
NARI Technology Co. Ltd. Class A (XSSC) | 2,405,557 | 7,476 | ||||
Lepu Medical Technology Beijing Co. Ltd. Class A | 1,616,092 | 7,447 | ||||
2 | Qingdao Port International Co. Ltd. Class H | 13,063,915 | 7,424 | |||
Focus Media Information Technology Co. Ltd. Class A (XSEC) | 5,304,917 | 7,419 | ||||
China Oriental Group Co. Ltd. | 32,746,736 | 7,412 | ||||
Chongqing Brewery Co. Ltd. Class A (XSHG) | 464,151 | 7,412 | ||||
Intco Medical Technology Co. Ltd. Class A | 426,750 | 7,409 | ||||
Beijing-Shanghai High Speed Railway Co. Ltd. Class A | 8,844,242 | 7,379 | ||||
Shenzhen Overseas Chinese Town Co. Ltd. Class A | 7,513,921 | 7,372 | ||||
Hualan Biological Engineering Inc. Class A (XSHE) | 961,975 | 7,369 | ||||
East Money Information Co. Ltd. Class A (XSHE) | 2,093,108 | 7,333 | ||||
China Shenhua Energy Co. Ltd. Class A (XSSC) | 2,942,948 | 7,327 | ||||
Metallurgical Corp. of China Ltd. Class H | 45,067,885 | 7,283 | ||||
1 | NetDragon Websoft Holdings Ltd. | 3,370,138 | 7,250 | |||
Yunnan Energy New Material Co. Ltd. Class A (XSHE) | 481,035 | 7,195 | ||||
GoerTek Inc. Class A (XSEC) | 1,056,728 | 7,172 | ||||
* | Sohu.com Ltd. ADR | 380,025 | 7,160 | |||
Zhejiang Sanhua Intelligent Controls Co. Ltd. Class A (XSHE) | 1,940,814 | 7,113 | ||||
Zhenro Properties Group Ltd. | 12,211,508 | 7,047 | ||||
Bank of Nanjing Co. Ltd. Class A (XSSC) | 6,146,468 | 7,029 | ||||
Lonking Holdings Ltd. | 26,099,868 | 6,951 | ||||
*,1,2 | CStone Pharmaceuticals | 4,722,500 | 6,934 | |||
* | SOHO China Ltd. | 25,764,530 | 6,903 | |||
Weichai Power Co. Ltd. Class A (XSHE) | 3,047,078 | 6,896 | ||||
Hisense Home Appliances Group Co. Ltd. Class A (XSHE) | 3,144,827 | 6,891 | ||||
BOE Technology Group Co. Ltd. Class A (XSEC) | 9,725,100 | 6,888 | ||||
Lens Technology Co. Ltd. Class A | 1,372,054 | 6,873 | ||||
Ganfeng Lithium Co. Ltd. Class A (XSHE) | 751,350 | 6,855 | ||||
Lomon Billions Group Co. Ltd. Class A (XSHE) | 1,848,707 | 6,847 | ||||
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd. Class H | 2,865,825 | 6,814 | ||||
* | Lifetech Scientific Corp. | 26,675,059 | 6,798 | |||
* | KWG Living Group Holdings Ltd. | 8,626,898 | 6,766 | |||
Yantai Changyu Pioneer Wine Co. Ltd. Class B | 3,728,459 | 6,672 | ||||
Fanhua Inc. ADR | 443,770 | 6,652 | ||||
SDIC Power Holdings Co. Ltd. Class A (XSSC) | 4,812,507 | 6,652 | ||||
2 | Genertec Universal Medical Group Co. Ltd. | 9,523,168 | 6,632 | |||
Hengli Petrochemical Co. Ltd. Class A (XSHG) | 2,292,550 | 6,621 | ||||
Centre Testing International Group Co. Ltd. Class A | 1,641,012 | 6,617 | ||||
China State Construction Engineering Corp. Ltd. Class A (XSHG) | 8,653,960 | 6,616 | ||||
Beijing Oriental Yuhong Waterproof Technology Co. Ltd. Class A (XSHE) | 1,190,539 | 6,611 | ||||
*,1 | Bitauto Holdings Ltd. ADR | 413,967 | 6,599 | |||
Jiayuan International Group Ltd. | 15,397,853 | 6,577 | ||||
Yanlord Land Group Ltd. | 8,513,960 | 6,548 | ||||
BYD Co. Ltd. Class A (XSHE) | 273,948 | 6,536 | ||||
COSCO SHIPPING Development Co. Ltd. Class H | 58,728,529 | 6,532 | ||||
AECC Aviation Power Co. Ltd. Class A (XSSC) | 1,192,766 | 6,519 | ||||
Seazen Holdings Co. Ltd. Class A (XSHG) | 1,325,573 | 6,450 | ||||
NanJi E-Commerce Co. Ltd. Class A | 2,343,643 | 6,444 | ||||
1,2 | China Railway Signal & Communication Corp. Ltd. Class H | 19,535,798 | 6,443 | |||
Changchun High & New Technology Industry Group Inc. Class A (XSEC) | 114,350 | 6,408 | ||||
Industrial Securities Co. Ltd. Class A (XSSC) | 5,509,065 | 6,395 | ||||
AVIC Shenyang Aircraft Co. Ltd. Class A (XSHG) | 822,090 | 6,371 |
Shares | Market Value ($000) | |||||
Sany Heavy Equipment International Holdings Co. Ltd. | 11,509,954 | 6,345 | ||||
2 | Pharmaron Beijing Co. Ltd. Class H | 438,000 | 6,341 | |||
Gemdale Corp. Class A (XSSC) | 3,158,608 | 6,310 | ||||
* | Fantasia Holdings Group Co. Ltd. | 33,264,520 | 6,292 | |||
Sunwoda Electronic Co. Ltd. Class A | 1,502,280 | 6,282 | ||||
New Hope Liuhe Co. Ltd. Class A (XSEC) | 1,562,521 | 6,278 | ||||
PetroChina Co. Ltd. Class A | 10,277,690 | 6,253 | ||||
* | Skyworth Group Ltd. | 23,853,212 | 6,248 | |||
Songcheng Performance Development Co. Ltd. Class A | 2,512,551 | 6,241 | ||||
Jinchuan Group International Resources Co. Ltd. | 65,531,000 | 6,195 | ||||
* | Fufeng Group Ltd. | 19,500,495 | 6,178 | |||
Shanghai Pudong Development Bank Co. Ltd. Class A (XSHG) | 4,454,177 | 6,162 | ||||
*,2 | Venus MedTech Hangzhou Inc. Class H | 639,000 | 6,161 | |||
Beijing Jingneng Clean Energy Co. Ltd. Class H | 21,745,531 | 6,156 | ||||
Baoshan Iron & Steel Co. Ltd. Class A (XSSC) | 7,651,784 | 6,111 | ||||
Gongniu Group Co. Ltd. Class A | 205,153 | 6,094 | ||||
Haitong Securities Co. Ltd. Class A (XSSC) | 2,897,117 | 6,090 | ||||
1 | Angang Steel Co. Ltd. Class H | 20,578,652 | 6,042 | |||
* | So-Young International Inc. ADR | 516,989 | 6,033 | |||
Unigroup Guoxin Microelectronics Co. Ltd. Class A (XSHE) | 374,793 | 6,026 | ||||
Sihuan Pharmaceutical Holdings Group Ltd. | 52,214,595 | 6,021 | ||||
2 | Red Star Macalline Group Corp. Ltd. Class H | 9,938,770 | 5,991 | |||
SG Micro Corp. Class A | 146,996 | 5,979 | ||||
Iflytek Co. Ltd. Class A (XSHE) | 1,044,759 | 5,951 | ||||
China Suntien Green Energy Corp. Ltd. Class H | 25,361,823 | 5,914 | ||||
2 | Midea Real Estate Holding Ltd. | 2,613,000 | 5,909 | |||
Hithink RoyalFlush Information Network Co. Ltd. Class A (XSEC) | 291,059 | 5,889 | ||||
Yunnan Baiyao Group Co. Ltd. Class A (XSEC) | 382,093 | 5,887 | ||||
Greatview Aseptic Packaging Co. Ltd. | 13,658,219 | 5,852 | ||||
Huaxin Cement Co. Ltd. Class A (XSSC) | 1,613,004 | 5,846 | ||||
China Minsheng Banking Corp. Ltd. Class A (XSSC) | 7,405,138 | 5,841 | ||||
Shanghai RAAS Blood Products Co. Ltd. Class A | 4,555,299 | 5,816 | ||||
Shanghai International Airport Co. Ltd. Class A (XSHG) | 587,126 | 5,808 | ||||
Iflytek Co. Ltd. Class A (XSEC) | 1,019,250 | 5,805 | ||||
Wuhan Guide Infrared Co. Ltd. Class A (XSHE) | 1,144,879 | 5,802 | ||||
* | Sogou Inc. ADR | 651,760 | 5,801 | |||
CSG Holding Co. Ltd. Class B | 19,177,013 | 5,797 | ||||
NARI Technology Co. Ltd. Class A (XSHG) | 1,863,373 | 5,791 | ||||
Times Neighborhood Holdings Ltd. | 5,681,032 | 5,776 | ||||
BBMG Corp. Class H | 30,586,781 | 5,772 | ||||
Huadong Medicine Co. Ltd. Class A (XSHE) | 1,382,447 | 5,771 | ||||
China Vanke Co. Ltd. Class A (XSEC) | 1,392,999 | 5,744 | ||||
Guangdong Haid Group Co. Ltd. Class A (XSEC) | 622,059 | 5,729 | ||||
1 | Comba Telecom Systems Holdings Ltd. | 17,692,130 | 5,675 | |||
Jiangsu King's Luck Brewery JSC Ltd. Class A (XSSC) | 728,415 | 5,654 | ||||
WuXi AppTec Co. Ltd. Class A (XSHG) | 334,326 | 5,648 | ||||
Shaanxi Coal Industry Co. Ltd. Class A (XSHG) | 4,300,834 | 5,632 | ||||
Guangzhou Kingmed Diagnostics Group Co. Ltd. Class A (XSHG) | 356,490 | 5,621 | ||||
China National Nuclear Power Co. Ltd. Class A (XSHG) | 8,479,747 | 5,620 | ||||
*,1 | BEST Inc. ADR | 2,178,193 | 5,598 | |||
China Fortune Land Development Co. Ltd. Class A (XSSC) | 2,655,465 | 5,596 | ||||
Shengyi Technology Co. Ltd. Class A (XSSC) | 1,562,060 | 5,596 | ||||
*,2 | Ascentage Pharma Group International | 1,588,100 | 5,595 | |||
China Greatwall Technology Group Co. Ltd. Class A (XSHE) | 2,462,488 | 5,587 | ||||
AVIC Aircraft Co. Ltd. Class A (XSHE) | 1,540,402 | 5,581 | ||||
Tianshui Huatian Technology Co. Ltd. Class A | 2,593,619 | 5,578 |
Shares | Market Value ($000) | |||||
Shanghai Jinjiang International Hotels Co. Ltd. Class B | 3,274,274 | 5,558 | ||||
Jafron Biomedical Co. Ltd. Class A (XSHE) | 467,590 | 5,547 | ||||
TCL Electronics Holdings Ltd. | 8,161,329 | 5,544 | ||||
*,1 | Hanergy Thin Film Power Group Ltd. | 206,154,000 | 5,538 | |||
Zhejiang Sanhua Intelligent Controls Co. Ltd. Class A (XSEC) | 1,509,449 | 5,532 | ||||
Shenzhen Kangtai Biological Products Co. Ltd. Class A (XSEC) | 203,700 | 5,529 | ||||
China Shipbuilding Industry Co. Ltd. Class A (XSHG) | 8,880,500 | 5,524 | ||||
Fu Jian Anjoy Foods Co. Ltd. Class A | 206,298 | 5,431 | ||||
1 | China Maple Leaf Educational Systems Ltd. | 19,902,538 | 5,407 | |||
Meinian Onehealth Healthcare Holdings Co. Ltd. Class A (XSHE) | 2,113,886 | 5,394 | ||||
1 | Q Technology Group Co. Ltd. | 4,879,424 | 5,393 | |||
Tiangong International Co. Ltd. | 16,059,224 | 5,391 | ||||
Bengang Steel Plates Co. Ltd. Class A | 11,197,504 | 5,391 | ||||
Shandong Sinocera Functional Material Co. Ltd. Class A | 877,100 | 5,387 | ||||
China Dongxiang Group Co. Ltd. | 43,282,360 | 5,363 | ||||
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd. Class A (XSHG) | 155,775 | 5,349 | ||||
Yealink Network Technology Corp. Ltd. Class A (XSHE) | 591,900 | 5,342 | ||||
Hualan Biological Engineering Inc. Class A (XSEC) | 696,078 | 5,332 | ||||
Guangdong Xinbao Electrical Appliances Holdings Co. Ltd. Class A | 804,713 | 5,332 | ||||
Zhejiang Dahua Technology Co. Ltd. Class A (XSHE) | 1,574,692 | 5,331 | ||||
Dongyue Group Ltd. | 13,956,339 | 5,325 | ||||
* | Aluminum Corp. of China Ltd. Class A | 12,389,600 | 5,321 | |||
2 | China New Higher Education Group Ltd. | 10,174,000 | 5,309 | |||
Bank of Chongqing Co. Ltd. Class H | 9,446,566 | 5,295 | ||||
ZTE Corp. Class A (XSHE) | 1,094,565 | 5,280 | ||||
Avary Holding Shenzhen Co. Ltd. Class A (XSHE) | 718,384 | 5,270 | ||||
Tianfeng Securities Co. Ltd. Class A (XSHG) | 5,963,360 | 5,236 | ||||
China Kepei Education Group Ltd. | 7,562,000 | 5,216 | ||||
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd. Class A | 1,194,292 | 5,185 | ||||
Sinolink Securities Co. Ltd. Class A (XSSC) | 2,313,400 | 5,184 | ||||
Weifu High-Technology Group Co. Ltd. Class B | 2,812,799 | 5,181 | ||||
Guosen Securities Co. Ltd. Class A (XSHE) | 2,592,241 | 5,181 | ||||
Yonyou Network Technology Co. Ltd. Class A (XSHG) | 798,141 | 5,165 | ||||
China Jushi Co. Ltd. Class A (XSSC) | 2,472,983 | 5,163 | ||||
Winning Health Technology Group Co. Ltd. Class A | 1,933,768 | 5,146 | ||||
Beijing Chunlizhengda Medical Instruments Co. Ltd. Class H | 1,232,750 | 5,119 | ||||
Bank of Shanghai Co. Ltd. Class A (XSSC) | 4,345,375 | 5,098 | ||||
Huadian Power International Corp. Ltd. Class H | 20,524,909 | 5,093 | ||||
Henan Shuanghui Investment & Development Co. Ltd. Class A (XSEC) | 680,409 | 5,086 | ||||
Xtep International Holdings Ltd. | 14,995,791 | 5,085 | ||||
2 | Redco Properties Group Ltd. | 11,479,640 | 5,083 | |||
Datang International Power Generation Co. Ltd. Class H | 39,802,046 | 5,037 | ||||
Central China Real Estate Ltd. | 9,347,000 | 5,029 | ||||
Beijing Enlight Media Co. Ltd. Class A | 2,749,703 | 4,998 | ||||
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd. Class A (XSSC) | 1,092,991 | 4,992 | ||||
Ovctek China Inc. Class A (XSHE) | 489,030 | 4,986 | ||||
*,1 | Shanghai Fudan Microelectronics Group Co. Ltd. Class H | 3,286,000 | 4,968 | |||
1 | Zhongliang Holdings Group Co. Ltd. | 7,356,500 | 4,967 | |||
1,2 | YiChang HEC ChangJiang Pharmaceutical Co. Ltd. Class H | 4,010,164 | 4,950 | |||
Shanghai Mechanical & Electrical Industry Co. Ltd. Class B | 3,675,831 | 4,938 | ||||
Tong Ren Tang Technologies Co. Ltd. Class H | 8,402,132 | 4,934 |
Shares | Market Value ($000) | |||||
1 | China Tian Lun Gas Holdings Ltd. | 5,837,000 | 4,919 | |||
* | Ronshine China Holdings Ltd. | 7,207,808 | 4,914 | |||
Wuhu Sanqi Interactive Entertainment Network Technology Group Co. Ltd. Class A | 1,106,667 | 4,906 | ||||
Kuang-Chi Technologies Co. Ltd. Class A (XSHE) | 1,653,204 | 4,905 | ||||
BOC International China Co. Ltd. Class A | 1,424,427 | 4,903 | ||||
Guangdong Hongda Blasting Co. Ltd. Class A | 684,658 | 4,898 | ||||
* | Zhejiang Huayou Cobalt Co. Ltd. Class A (XSHG) | 820,437 | 4,891 | |||
Beijing New Building Materials plc Class A (XSEC) | 944,497 | 4,883 | ||||
Zhejiang Supor Co. Ltd. Class A | 462,619 | 4,883 | ||||
Beijing Oriental Yuhong Waterproof Technology Co. Ltd. Class A (XSEC) | 877,950 | 4,875 | ||||
Chongqing Fuling Zhacai Group Co. Ltd. Class A | 778,459 | 4,863 | ||||
Livzon Pharmaceutical Group Inc. Class H | 1,092,053 | 4,840 | ||||
Yuexiu Transport Infrastructure Ltd. | 8,686,501 | 4,838 | ||||
Suning.com Co. Ltd. Class A (XSEC) | 3,325,270 | 4,825 | ||||
Perfect World Co. Ltd. Class A | 1,149,124 | 4,823 | ||||
PAX Global Technology Ltd. | 8,297,436 | 4,822 | ||||
Poly Developments & Holdings Group Co. Ltd. Class A (XSHG) | 2,095,452 | 4,817 | ||||
Shanghai Bairun Investment Holding Group Co. Ltd. Class A | 482,053 | 4,806 | ||||
Zhejiang Longsheng Group Co. Ltd. Class A (XSSC) | 2,405,050 | 4,784 | ||||
Sinopec Kantons Holdings Ltd. | 13,230,976 | 4,783 | ||||
Dawning Information Industry Co. Ltd. Class A (XSSC) | 893,099 | 4,780 | ||||
* | Inner Mongolia BaoTou Steel Union Co. Ltd. Class A (XSSC) | 28,021,925 | 4,774 | |||
Shanghai Jinqiao Export Processing Zone Development Co. Ltd. Class B | 4,882,981 | 4,762 | ||||
Tianjin Zhonghuan Semiconductor Co. Ltd. Class A (XSEC) | 1,364,400 | 4,758 | ||||
Mango Excellent Media Co. Ltd. Class A (XSEC) | 428,299 | 4,754 | ||||
China United Network Communications Ltd. Class A (XSHG) | 6,641,000 | 4,739 | ||||
Maanshan Iron & Steel Co. Ltd. Class A (XSSC) | 12,264,392 | 4,731 | ||||
Wens Foodstuffs Group Co. Ltd. Class A | 1,663,742 | 4,720 | ||||
Changzhou Xingyu Automotive Lighting Systems Co. Ltd. Class A (XSHG) | 194,117 | 4,712 | ||||
British American Tobacco Malaysia Bhd. | 1,929,034 | 4,699 | ||||
Bank of Beijing Co. Ltd. Class A (XSHG) | 6,704,962 | 4,678 | ||||
* | HNA Infrastructure Investment Group Co. Ltd. Class A | 4,595,944 | 4,677 | |||
Inspur Electronic Information Industry Co. Ltd. Class A (XSHE) | 1,021,310 | 4,664 | ||||
AECC Aviation Power Co. Ltd. Class A (XSHG) | �� | 844,113 | 4,614 | |||
JCET Group Co. Ltd. Class A (XSHG) | 832,300 | 4,609 | ||||
Foxconn Industrial Internet Co. Ltd. Class A (XSHG) | 2,246,400 | 4,589 | ||||
*,2 | Maoyan Entertainment | 3,230,200 | 4,554 | |||
Beijing Shiji Information Technology Co. Ltd. Class A (XSHE) | 821,807 | 4,543 | ||||
Jonjee Hi-Tech Industrial & Commercial Holding Co. Ltd. Class A (XSSC) | 482,625 | 4,539 | ||||
Will Semiconductor Ltd. Class A (XSSC) | 153,100 | 4,535 | ||||
China Resources Medical Holdings Co. Ltd. | 7,613,289 | 4,532 | ||||
Avic Capital Co. Ltd. Class A (XSSC) | 6,912,445 | 4,524 | ||||
Bank of Changsha Co. Ltd. Class A (XSHG) | 3,355,488 | 4,518 | ||||
Guangdong Kinlong Hardware Products Co. Ltd. Class A | 237,150 | 4,515 | ||||
Hangzhou Steam Turbine Co. Ltd. Class B | 3,859,604 | 4,511 | ||||
Shanghai International Port Group Co. Ltd. Class A (XSSC) | 7,164,734 | 4,479 | ||||
Anhui Gujing Distillery Co. Ltd. Class A | 142,240 | 4,471 | ||||
China National Accord Medicines Corp. Ltd. Class B | 1,569,287 | 4,470 | ||||
2 | Shandong Gold Mining Co. Ltd. Class H | 1,886,450 | 4,468 | |||
AVIC Jonhon Optronic Technology Co. Ltd. Class A (XSHE) | 535,506 | 4,438 |
Shares | Market Value ($000) | |||||
Shandong Chenming Paper Holdings Ltd. Class B | 13,121,946 | 4,423 | ||||
China Merchants Energy Shipping Co. Ltd. Class A (XSHG) | 5,071,669 | 4,386 | ||||
Dazhong Transportation Group Co. Ltd. Class B | 13,927,908 | 4,380 | ||||
Bank of Hangzhou Co. Ltd. Class A (XSHG) | 2,246,628 | 4,356 | ||||
Tianjin Zhonghuan Semiconductor Co. Ltd. Class A (XSHE) | 1,248,400 | 4,354 | ||||
Zhejiang NHU Co. Ltd. Class A (XSHE) | 997,477 | 4,332 | ||||
*,2 | Meitu Inc. | 24,560,436 | 4,326 | |||
1 | China Tobacco International HK Co. Ltd. | 2,276,000 | 4,314 | |||
Youngor Group Co. Ltd. Class A (XSSC) | 4,025,472 | 4,289 | ||||
*,2 | Yixin Group Ltd. | 17,079,500 | 4,264 | |||
China Molybdenum Co. Ltd. Class A (XSSC) | 7,180,411 | 4,251 | ||||
Jinke Properties Group Co. Ltd. Class A (XSHE) | 3,657,625 | 4,244 | ||||
West China Cement Ltd. | 28,514,438 | 4,238 | ||||
Changjiang Securities Co. Ltd. Class A (XSHE) | 3,752,924 | 4,229 | ||||
Shanghai Zhenhua Heavy Industries Co. Ltd. Class B | 17,644,195 | 4,222 | ||||
Hithink RoyalFlush Information Network Co. Ltd. Class A (XSHE) | 208,328 | 4,215 | ||||
Beijing Tiantan Biological Products Corp. Ltd. Class A (XSSC) | 815,911 | 4,209 | ||||
Chongqing Changan Automobile Co. Ltd. Class A (XSHE) | 1,695,900 | 4,197 | ||||
Zhejiang Dahua Technology Co. Ltd. Class A (XSEC) | 1,239,421 | 4,196 | ||||
* | China Northern Rare Earth Group High-Tech Co. Ltd. Class A (XSSC) | 2,774,340 | 4,188 | |||
Sichuan Kelun Pharmaceutical Co. Ltd. Class A (XSHE) | 1,194,312 | 4,183 | ||||
Aisino Corp. Class A | 1,799,513 | 4,181 | ||||
Shenzhen Capchem Technology Co. Ltd. Class A | 371,900 | 4,173 | ||||
Bank of Hangzhou Co. Ltd. Class A (XSSC) | 2,150,000 | 4,169 | ||||
Power Construction Corp. of China Ltd. Class A (XSSC) | 7,234,508 | 4,158 | ||||
Anhui Conch Cement Co. Ltd. Class A (XSHG) | 544,000 | 4,143 | ||||
1 | CSSC Offshore & Marine Engineering Group Co. Ltd. Class H | 4,226,581 | 4,142 | |||
NetEase Inc. | 236,236 | 4,132 | ||||
Humanwell Healthcare Group Co. Ltd. Class A (XSHG) | 839,200 | 4,130 | ||||
Shandong Hualu Hengsheng Chemical Co. Ltd. Class A (XSHG) | 975,586 | 4,128 | ||||
Yango Group Co. Ltd. Class A | 4,010,183 | 4,118 | ||||
Beijing Shunxin Agriculture Co. Ltd. Class A (XSHE) | 499,354 | 4,104 | ||||
Proya Cosmetics Co. Ltd. Class A | 158,100 | 4,088 | ||||
Zhejiang NHU Co. Ltd. Class A (XSEC) | 938,300 | 4,075 | ||||
Hangzhou First Applied Material Co. Ltd. Class A | 357,612 | 4,061 | ||||
CITIC Securities Co. Ltd. Class A (XSHG) | 945,400 | 4,055 | ||||
China Railway Group Ltd. Class A (XSSC) | 5,011,814 | 4,025 | ||||
Hongfa Technology Co. Ltd. Class A (XSHG) | 520,834 | 4,008 | ||||
Hangzhou Robam Appliances Co. Ltd. Class A (XSHE) | 731,804 | 4,006 | ||||
GRG Banking Equipment Co. Ltd. Class A | 2,300,350 | 3,981 | ||||
* | China Zhongwang Holdings Ltd. | 19,434,219 | 3,968 | |||
Asymchem Laboratories Tianjin Co. Ltd. Class A (XSHE) | 96,376 | 3,955 | ||||
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd. Class A | 974,679 | 3,947 | ||||
* | Chifeng Jilong Gold Mining Co. Ltd. Class A | 1,475,088 | 3,944 | |||
China Great Wall Securities Co. Ltd. Class A (XSHE) | 2,125,000 | 3,941 | ||||
China National Software & Service Co. Ltd. Class A (XSSC) | 374,334 | 3,934 | ||||
Kingfa Sci & Tech Co. Ltd. Class A (XSHG) | 1,716,200 | 3,922 | ||||
China Everbright Bank Co. Ltd. Class A (XSHG) | 6,695,800 | 3,922 | ||||
Huayu Automotive Systems Co. Ltd. Class A (XSHG) | 842,877 | 3,921 | ||||
Chacha Food Co. Ltd. Class A | 440,621 | 3,915 | ||||
Shandong Pharmaceutical Glass Co. Ltd. Class A | 580,232 | 3,914 | ||||
Liaoning Cheng Da Co. Ltd. Class A (XSSC) | 1,157,220 | 3,908 | ||||
Gotion High-tech Co. Ltd. Class A | 983,369 | 3,885 |
Shares | Market Value ($000) | |||||
Yantai Eddie Precision Machinery Co. Ltd. Class A (XSHG) | 506,571 | 3,867 | ||||
Greenland Holdings Corp. Ltd. Class A (XSHG) | 4,164,281 | 3,859 | ||||
AVIC Shenyang Aircraft Co. Ltd. Class A (XSSC) | 495,963 | 3,844 | ||||
China Spacesat Co. Ltd. Class A (XSSC) | 817,797 | 3,838 | ||||
Huaneng Power International Inc. Class A (XSSC) | 5,246,597 | 3,829 | ||||
Angel Yeast Co. Ltd. Class A (XSHG) | 484,793 | 3,828 | ||||
AVIC Jonhon Optronic Technology Co. Ltd. Class A (XSEC) | 461,299 | 3,823 | ||||
StarPower Semiconductor Ltd. Class A | 135,400 | 3,819 | ||||
Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd. Class A (XSHE) | 421,687 | 3,815 | ||||
JCET Group Co. Ltd. Class A (XSSC) | 688,244 | 3,811 | ||||
* | State Grid Yingda Co. Ltd. Class A (XSHG) | 3,932,201 | 3,807 | |||
Jiangsu Shagang Co. Ltd. Class A | 1,960,385 | 3,803 | ||||
Ningxia Baofeng Energy Group Co. Ltd. Class A | 2,463,800 | 3,753 | ||||
Guoyuan Securities Co. Ltd. Class A (XSHE) | 2,989,442 | 3,748 | ||||
Seazen Holdings Co. Ltd. Class A (XSSC) | 769,700 | 3,745 | ||||
* | Meinian Onehealth Healthcare Holdings Co. Ltd. Class A (XSEC) | 1,459,514 | 3,724 | |||
Beijing Tongrentang Co. Ltd. Class A (XSSC) | 923,994 | 3,719 | ||||
Shandong Nanshan Aluminum Co. Ltd. Class A | 10,511,013 | 3,694 | ||||
Beijing Yanjing Brewery Co. Ltd. Class A | 2,841,380 | 3,694 | ||||
Shenzhen Salubris Pharmaceuticals Co. Ltd. Class A | 799,753 | 3,689 | ||||
Dongfang Electric Corp. Ltd. Class H | 5,282,213 | 3,685 | ||||
Shanghai Fosun Pharmaceutical Group Co. Ltd. Class A (XSHG) | 452,300 | 3,685 | ||||
OFILM Group Co. Ltd. Class A (XSHE) | 1,589,325 | 3,677 | ||||
Hisense Home Appliances Group Co. Ltd. Class A (XSEC) | 1,676,434 | 3,674 | ||||
Zhejiang Weixing New Building Materials Co. Ltd. Class A (XSHE) | 1,310,729 | 3,668 | ||||
* | Tongdao Liepin Group | 1,486,200 | 3,665 | |||
Sanquan Food Co. Ltd. Class A | 794,200 | 3,659 | ||||
Zhejiang Jiuzhou Pharmaceutical Co. Ltd. Class A | 731,570 | 3,658 | ||||
* | Jointown Pharmaceutical Group Co. Ltd. Class A (XSSC) | 1,340,895 | 3,643 | |||
Dongxing Securities Co. Ltd. Class A (XSHG) | 1,987,701 | 3,632 | ||||
CIMC Enric Holdings Ltd. | 7,707,019 | 3,629 | ||||
Avic Aviation High-Technology Co. Ltd. Class A (XSHG) | 1,030,348 | 3,615 | ||||
Venustech Group Inc. Class A (XSHE) | 779,436 | 3,606 | ||||
Joyoung Co. Ltd. Class A | 682,392 | 3,600 | ||||
Rongsheng Petro Chemical Co. Ltd. Class A (XSHE) | 1,261,696 | 3,599 | ||||
Shanghai Electric Group Co. Ltd. Class A (XSHG) | 4,865,893 | 3,595 | ||||
SDIC Capital Co. Ltd. Class A (XSSC) | 1,711,200 | 3,581 | ||||
Guangzhou Wondfo Biotech Co. Ltd. Class A | 314,168 | 3,576 | ||||
Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd. Class B | 3,602,186 | 3,574 | ||||
Shenzhen SC New Energy Technology Corp. Class A (XSHE) | 239,070 | 3,573 | ||||
China Grand Automotive Services Group Co. Ltd. Class A (XSSC) | 6,816,940 | 3,568 | ||||
Joincare Pharmaceutical Group Industry Co. Ltd. Class A (XSSC) | 1,571,541 | 3,547 | ||||
Shougang Fushan Resources Group Ltd. | 15,078,000 | 3,529 | ||||
China BlueChemical Ltd. Class H | 24,804,568 | 3,528 | ||||
TCL Technology Group Corp. Class A (XSEC) | 3,903,000 | 3,528 | ||||
Apeloa Pharmaceutical Co. Ltd. Class A | 1,149,021 | 3,511 | ||||
Wonders Information Co. Ltd. Class A | 1,073,100 | 3,501 | ||||
Daqin Railway Co. Ltd. Class A (XSHG) | 3,643,120 | 3,489 | ||||
C&S Paper Co. Ltd. Class A (XSHE) | 1,152,090 | 3,487 | ||||
CNHTC Jinan Truck Co. Ltd. Class A | 665,242 | 3,481 | ||||
Gigadevice Semiconductor Beijing Inc. Class A (XSHG) | 119,364 | 3,470 | ||||
Beijing Originwater Technology Co. Ltd. Class A | 2,987,418 | 3,468 | ||||
Guangdong Fenghua Advanced Technology Holding Co. Ltd. Class A | 852,495 | 3,459 |
Shares | Market Value ($000) | |||||
NAURA Technology Group Co. Ltd. Class A (XSEC) | 134,700 | 3,451 | ||||
Infore Environment Technology Group Co. Ltd. Class A (XSHE) | 2,836,726 | 3,449 | ||||
Inner Mongolia Eerduosi Resources Co. Ltd. Class B | 4,009,300 | 3,448 | ||||
Jason Furniture Hangzhou Co. Ltd. Class A (XSHG) | 322,318 | 3,448 | ||||
Han's Laser Technology Industry Group Co. Ltd. Class A (XSEC) | 570,023 | 3,432 | ||||
Greenland Hong Kong Holdings Ltd. | 10,544,314 | 3,428 | ||||
Concord New Energy Group Ltd. | 64,754,071 | 3,428 | ||||
Shenzhen Sunway Communication Co. Ltd. Class A (XSEC) | 481,625 | 3,424 | ||||
Ningbo Joyson Electronic Corp. Class A (XSHG) | 955,826 | 3,423 | ||||
Bank of Communications Co. Ltd. Class A (XSHG) | 5,057,900 | 3,422 | ||||
Wuxi Lead Intelligent Equipment Co. Ltd. Class A (XSHE) | 381,001 | 3,419 | ||||
XCMG Construction Machinery Co. Ltd. Class A (XSEC) | 4,260,700 | 3,417 | ||||
Heilongjiang Agriculture Co. Ltd. Class A (XSHG) | 1,312,371 | 3,417 | ||||
AVIC Aircraft Co. Ltd. Class A (XSEC) | 940,900 | 3,409 | ||||
Guangdong Provincial Expressway Development Co. Ltd. Class B | 6,443,637 | 3,403 | ||||
Sichuan Chuantou Energy Co. Ltd. Class A (XSSC) | 2,259,661 | 3,400 | ||||
Shanghai Bailian Group Co. Ltd. Class B | 3,653,716 | 3,395 | ||||
Zhongjin Gold Corp. Ltd. Class A (XSSC) | 2,430,333 | 3,395 | ||||
Glodon Co. Ltd. Class A (XSEC) | 317,300 | 3,378 | ||||
Tianqi Lithium Corp. Class A (XSHE) | 1,134,687 | 3,368 | ||||
Zhejiang China Commodities City Group Co. Ltd. Class A (XSSC) | 4,221,531 | 3,365 | ||||
China High Speed Transmission Equipment Group Co. Ltd. | 4,530,934 | 3,362 | ||||
Zhejiang Huahai Pharmaceutical Co. Ltd. Class A (XSSC) | 662,887 | 3,349 | ||||
Sinocare Inc. Class A | 543,300 | 3,333 | ||||
Shandong Linglong Tyre Co. Ltd. Class A | 738,991 | 3,309 | ||||
Oriental Pearl Group Co. Ltd. Class A (XSSC) | 2,403,345 | 3,301 | ||||
Skshu Paint Co. Ltd. Class A | 148,800 | 3,298 | ||||
Zhejiang Zheneng Electric Power Co. Ltd. Class A (XSHG) | 6,142,762 | 3,296 | ||||
Beijing Dabeinong Technology Group Co. Ltd. Class A (XSHE) | 2,655,387 | 3,295 | ||||
Zoomlion Heavy Industry Science & Technology Co. Ltd. Class A (XSHE) | 2,973,591 | 3,293 | ||||
Dian Diagnostics Group Co. Ltd. Class A | 561,937 | 3,279 | ||||
Bank of Guiyang Co. Ltd. Class A | 2,871,227 | 3,275 | ||||
*,1 | Qudian Inc. ADR | 2,443,460 | 3,274 | |||
Hongta Securities Co. Ltd. Class A | 1,260,600 | 3,271 | ||||
China Enterprise Co. Ltd. Class A (XSHG) | 5,568,635 | 3,264 | ||||
AVIC Electromechanical Systems Co. Ltd. Class A (XSHE) | 2,057,022 | 3,253 | ||||
JiuGui Liquor Co. Ltd. Class A (XSHE) | 217,000 | 3,250 | ||||
China Hainan Rubber Industry Group Co. Ltd. Class A | 4,107,000 | 3,235 | ||||
Consun Pharmaceutical Group Ltd. | 8,192,000 | 3,233 | ||||
GD Power Development Co. Ltd. Class A (XSSC) | 11,037,415 | 3,233 | ||||
Zhengzhou Yutong Bus Co. Ltd. Class A (XSSC) | 1,347,414 | 3,223 | ||||
Beijing New Building Materials plc Class A (XSHE) | 623,500 | 3,223 | ||||
Guangzhou Tinci Materials Technology Co. Ltd. Class A (XSHE) | 345,570 | 3,218 | ||||
Xinhu Zhongbao Co. Ltd. Class A (XSSC) | 6,695,254 | 3,211 | ||||
China CSSC Holdings Ltd. Class A (XSHG) | 1,204,700 | 3,211 | ||||
WUS Printed Circuit Kunshan Co. Ltd. Class A (XSHE) | 1,164,076 | 3,211 | ||||
China Merchants Shekou Industrial Zone Holdings Co. Ltd. Class A (XSEC) | 1,517,160 | 3,194 | ||||
Huizhou Desay Sv Automotive Co. Ltd. Class A (XSHE) | 312,900 | 3,189 | ||||
China South City Holdings Ltd. | 31,585,258 | 3,187 | ||||
BBMG Corp. Class A (XSSC) | 7,076,779 | 3,186 | ||||
Shenzhen Sunway Communication Co. Ltd. Class A (XSHE) | 447,624 | 3,182 |
Shares | Market Value ($000) | |||||
2 | Yangtze Optical Fibre & Cable Joint Stock Ltd. Co. Class H | 2,214,659 | 3,180 | |||
Jiangsu Yoke Technology Co. Ltd. Class A (XSHE) | 419,500 | 3,175 | ||||
Hangzhou Onechance Tech Corp. Class A | 125,640 | 3,170 | ||||
Foxconn Industrial Internet Co. Ltd. Class A (XSSC) | 1,550,700 | 3,168 | ||||
Bank of Jiangsu Co. Ltd. Class A (XSHG) | 3,524,913 | 3,166 | ||||
Wanda Film Holding Co. Ltd. Class A | 1,373,150 | 3,159 | ||||
China Merchants Securities Co. Ltd. Class A (XSHG) | 1,019,460 | 3,154 | ||||
Shanghai Chlor-Alkali Chemical Co. Ltd. Class B | 7,368,290 | 3,153 | ||||
* | Baozun Inc. Class A | 260,903 | 3,143 | |||
Guangzhou Baiyun International Airport Co. Ltd. Class A (XSHG) | 1,671,947 | 3,140 | ||||
China National Medicines Corp. Ltd. Class A (XSSC) | 488,252 | 3,131 | ||||
CRRC Corp. Ltd. Class A (XSHG) | 3,879,500 | 3,127 | ||||
Air China Ltd. Class A (XSHG) | 3,077,214 | 3,125 | ||||
Ningbo Zhoushan Port Co. Ltd. Class A (XSSC) | 5,735,663 | 3,124 | ||||
*,1 | XPeng Inc. ADR | 161,174 | 3,124 | |||
Unigroup Guoxin Microelectronics Co. Ltd. Class A (XSEC) | 193,388 | 3,109 | ||||
Metallurgical Corp. of China Ltd. Class A (XSSC) | 8,007,833 | 3,104 | ||||
2 | Shanghai Haohai Biological Technology Co. Ltd. Class H | 503,500 | 3,104 | |||
*,1 | Qutoutiao Inc. ADR | 1,441,427 | 3,099 | |||
Shaanxi Coal Industry Co. Ltd. Class A (XSSC) | 2,364,183 | 3,096 | ||||
Zhejiang Huahai Pharmaceutical Co. Ltd. Class A (XSHG) | 612,670 | 3,096 | ||||
Jiangxi Zhengbang Technology Co. Ltd. Class A (XSHE) | 1,210,308 | 3,096 | ||||
Pharmaron Beijing Co. Ltd. Class A (XSHE) | 179,900 | 3,092 | ||||
Sinoma Science & Technology Co. Ltd. Class A (XSHE) | 1,072,739 | 3,080 | ||||
Qingdao TGOOD Electric Co. Ltd. Class A | 947,216 | 3,078 | ||||
Tianma Microelectronics Co. Ltd. Class A (XSHE) | 1,438,805 | 3,073 | ||||
* | Ecovacs Robotics Co. Ltd. Class A (XSHG) | 327,585 | 3,070 | |||
* | Founder Securities Co. Ltd. Class A (XSHG) | 2,191,390 | 3,051 | |||
SooChow Securities Co. Ltd. Class A (XSSC) | 2,080,691 | 3,048 | ||||
Wuxi Lead Intelligent Equipment Co. Ltd. Class A (XSEC) | 339,440 | 3,046 | ||||
Shenzhen Kaifa Technology Co. Ltd. Class A (XSHE) | 958,400 | 3,046 | ||||
Lianhe Chemical Technology Co. Ltd. Class A | 853,200 | 3,028 | ||||
Fiberhome Telecommunication Technologies Co. Ltd. Class A (XSSC) | 856,438 | 3,022 | ||||
Hengtong Optic-electric Co. Ltd. Class A (XSSC) | 1,378,105 | 3,021 | ||||
RiseSun Real Estate Development Co. Ltd. Class A (XSHE) | 2,871,785 | 3,021 | ||||
Spring Airlines Co. Ltd. Class A (XSSC) | 472,836 | 3,013 | ||||
Beijing BDStar Navigation Co. Ltd. Class A (XSHE) | 339,651 | 3,010 | ||||
Siasun Robot & Automation Co. Ltd. Class A | 1,499,651 | 3,002 | ||||
Guosen Securities Co. Ltd. Class A (XSEC) | 1,502,321 | 3,002 | ||||
China Foods Ltd. | 8,761,153 | 3,000 | ||||
Huaibei Mining Holdings Co. Ltd. Class A | 1,987,600 | 2,995 | ||||
Shanghai M&G Stationery Inc. Class A (XSHG) | 249,275 | 2,994 | ||||
East Group Co. Ltd. Class A | 1,984,000 | 2,983 | ||||
Beijing Easpring Material Technology Co. Ltd. Class A | 391,500 | 2,976 | ||||
AVICOPTER plc Class A (XSSC) | 395,502 | 2,962 | ||||
Southwest Securities Co. Ltd. Class A (XSSC) | 3,922,781 | 2,961 | ||||
Anhui Anke Biotechnology Group Co. Ltd. Class A | 1,138,291 | 2,955 | ||||
China Lilang Ltd. | 4,657,865 | 2,951 | ||||
Sanan Optoelectronics Co. Ltd. Class A (XSHG) | 882,400 | 2,937 | ||||
Suzhou Gold Mantis Construction Decoration Co. Ltd. Class A (XSHE) | 1,986,905 | 2,934 | ||||
Tibet Rhodiola Pharmaceutical Holding Co. Class A | 234,317 | 2,913 | ||||
Sichuan Chuantou Energy Co. Ltd. Class A (XSHG) | 1,933,716 | 2,910 | ||||
Beijing Capital Land Ltd. Class H | 16,872,464 | 2,903 | ||||
Ningbo Tuopu Group Co. Ltd. Class A (XSSC) | 507,518 | 2,898 | ||||
NavInfo Co. Ltd. Class A (XSHE) | 1,363,200 | 2,898 |
Shares | Market Value ($000) | |||||
Yunda Holding Co. Ltd. Class A (XSHE) | 998,503 | 2,876 | ||||
Jiangsu Zhongnan Construction Group Co. Ltd. Class A (XSHE) | 2,118,077 | 2,862 | ||||
Jiangsu King's Luck Brewery JSC Ltd. Class A (XSHG) | 368,662 | 2,862 | ||||
Shanghai Putailai New Energy Technology Co. Ltd. Class A (XSHG) | 170,961 | 2,854 | ||||
Zhejiang Dingli Machinery Co. Ltd. Class A (XSSC) | 209,400 | 2,853 | ||||
Beijing E-Hualu Information Technology Co. Ltd. Class A | 600,284 | 2,852 | ||||
JNBY Design Ltd. | 2,616,500 | 2,850 | ||||
Shandong Himile Mechanical Science & Technology Co. Ltd. Class A | 775,957 | 2,849 | ||||
Beijing Thunisoft Corp. Ltd. Class A | 815,420 | 2,848 | ||||
Jinyu Bio-Technology Co. Ltd. Class A (XSSC) | 803,254 | 2,845 | ||||
Maccura Biotechnology Co. Ltd. Class A | 366,530 | 2,836 | ||||
China Merchants Property Operation & Service Co. Ltd. Class A (XSHE) | 744,416 | 2,835 | ||||
Zhejiang Chint Electrics Co. Ltd. Class A (XSSC) | 645,888 | 2,832 | ||||
Shenzhen Goodix Technology Co. Ltd. Class A (XSHG) | 110,147 | 2,832 | ||||
Tonghua Dongbao Pharmaceutical Co. Ltd. Class A (XSSC) | 1,314,348 | 2,819 | ||||
1 | Colour Life Services Group Co. Ltd. | 5,812,570 | 2,816 | |||
1,2 | China Everbright Greentech Ltd. | 7,088,814 | 2,815 | |||
China National Nuclear Power Co. Ltd. Class A (XSSC) | 4,236,800 | 2,808 | ||||
Xinhua Winshare Publishing & Media Co. Ltd. Class A (XSHG) | 1,796,153 | 2,806 | ||||
Shenzhen Sunlord Electronics Co. Ltd. Class A (XSHE) | 725,578 | 2,801 | ||||
Huaxia Bank Co. Ltd. Class A (XSHG) | 3,088,291 | 2,796 | ||||
G-bits Network Technology Xiamen Co. Ltd. Class A (XSHG) | 39,600 | 2,794 | ||||
* | Hangzhou Iron & Steel Co. Class A | 3,220,086 | 2,789 | |||
Nanjing King-Friend Biochemical Pharmaceutical Co. Ltd. Class A (XSHG) | 474,708 | 2,784 | ||||
* | Fangda Carbon New Material Co. Ltd. Class A (XSSC) | 2,963,392 | 2,783 | |||
DHC Software Co. Ltd. Class A (XSHE) | 2,032,100 | 2,778 | ||||
DaShenLin Pharmaceutical Group Co. Ltd. Class A | 196,206 | 2,777 | ||||
Fujian Torch Electron Technology Co. Ltd. Class A | 384,612 | 2,777 | ||||
State Grid Information & Communication Co. Ltd. Class A | 1,065,500 | 2,774 | ||||
Shenzhen Energy Group Co. Ltd. Class A | 3,417,670 | 2,773 | ||||
Nanyang Topsec Technologies Group Inc. Class A (XSHE) | 879,332 | 2,771 | ||||
China Satellite Communications Co. Ltd. Class A (XSHG) | 1,064,700 | 2,764 | ||||
Sangfor Technologies Inc. Class A | 97,182 | 2,762 | ||||
Shenergy Co. Ltd. Class A (XSHG) | 3,536,068 | 2,758 | ||||
Tongkun Group Co. Ltd. Class A (XSSC) | 1,216,299 | 2,755 | ||||
Western Securities Co. Ltd. Class A (XSHE) | 2,020,851 | 2,754 | ||||
China Eastern Airlines Corp. Ltd. Class A (XSSC) | 3,992,926 | 2,742 | ||||
Shanxi Coal International Energy Group Co. Ltd. Class A | 1,901,600 | 2,740 | ||||
Oppein Home Group Inc. Class A | 148,897 | 2,738 | ||||
Jiangxi Zhengbang Technology Co. Ltd. Class A (XSEC) | 1,067,698 | 2,731 | ||||
Guangshen Railway Co. Ltd. Class H | 16,371,093 | 2,728 | ||||
Xingda International Holdings Ltd. | 10,579,093 | 2,725 | ||||
Shanghai Haixin Group Co. Class B | 8,339,163 | 2,724 | ||||
* | China First Heavy Industries Class A | 6,516,775 | 2,709 | |||
China Zhenhua Group Science & Technology Co. Ltd. Class A (XSHE) | 432,542 | 2,706 | ||||
* | COSCO SHIPPING Holdings Co. Ltd. Class A | 2,759,191 | 2,700 | |||
Wuxi Taiji Industry Co. Ltd. Class A (XSSC) | 1,770,531 | 2,696 | ||||
Anhui Expressway Co. Ltd. Class H | 5,600,097 | 2,690 | ||||
*,1 | CAR Inc. | 8,369,796 | 2,681 | |||
* | Chongqing Changan Automobile Co. Ltd. Class A (XSEC) | 1,079,900 | 2,672 | |||
Yintai Gold Co. Ltd. Class A (XSHE) | 1,776,653 | 2,670 | ||||
Hundsun Technologies Inc. Class A (XSHG) | 191,646 | 2,670 | ||||
Beijing Kunlun Tech Co. Ltd. Class A (XSEC) | 723,856 | 2,660 |
Shares | Market Value ($000) | |||||
Yangzhou Yangjie Electronic Technology Co. Ltd. Class A | 437,547 | 2,660 | ||||
Shandong Sun Paper Industry JSC Ltd. Class A (XSHE) | 1,277,100 | 2,658 | ||||
Lingyi iTech Guangdong Co. Class A (XSEC) | 1,352,100 | 2,640 | ||||
Chaowei Power Holdings Ltd. | 7,664,924 | 2,638 | ||||
Anhui Honglu Steel Construction Group Co. Ltd. Class A | 463,307 | 2,635 | ||||
Shandong Bohui Paper Industrial Co. Ltd. Class A | 1,345,900 | 2,634 | ||||
China Fangda Group Co. Ltd. Class B | 6,312,683 | 2,633 | ||||
Tongling Nonferrous Metals Group Co. Ltd. Class A (XSHE) | 8,082,400 | 2,624 | ||||
HLA Corp. Ltd. Class A (XSSC) | 2,598,579 | 2,621 | ||||
Xiamen Kingdomway Group Co. Class A (XSHE) | 462,900 | 2,621 | ||||
Hengdian Group DMEGC Magnetics Co. Ltd. Class A (XSHE) | 1,241,400 | 2,614 | ||||
China Railway Group Ltd. Class A (XSHG) | 3,248,829 | 2,609 | ||||
Dongjiang Environmental Co. Ltd. Class A | 1,905,066 | 2,606 | ||||
Qianhe Condiment & Food Co. Ltd. Class A (XSHG) | 455,560 | 2,602 | ||||
* | Hi Sun Technology China Ltd. | 23,853,186 | 2,599 | |||
* | Shanghai DZH Ltd. Class A | 1,945,300 | 2,591 | |||
Dongfang Electric Corp. Ltd. Class A (XSSC) | 1,632,091 | 2,589 | ||||
Shanghai Jin Jiang Capital Co. Ltd. Class H | 18,561,780 | 2,588 | ||||
Jiajiayue Group Co. Ltd. Class A | 603,492 | 2,584 | ||||
Harbin Electric Co. Ltd. Class H | 9,081,875 | 2,583 | ||||
* | BAIC BluePark New Energy Technology Co. Ltd. Class A | 2,588,912 | 2,575 | |||
China Zheshang Bank Co. Ltd. Class A | 4,324,600 | 2,571 | ||||
Sichuan Swellfun Co. Ltd. Class A (XSHG) | 259,575 | 2,570 | ||||
Jiangsu Hengshun Vinegar Industry Co. Ltd. Class A | 856,902 | 2,568 | ||||
China Shineway Pharmaceutical Group Ltd. | 4,050,885 | 2,550 | ||||
Yonghui Superstores Co. Ltd. Class A (XSHG) | 2,177,795 | 2,544 | ||||
Ourpalm Co. Ltd. Class A | 2,605,361 | 2,539 | ||||
Laobaixing Pharmacy Chain JSC Class A (XSSC) | 237,020 | 2,535 | ||||
Jiangsu Yangnong Chemical Co. Ltd. Class A (XSSC) | 182,100 | 2,534 | ||||
China Gezhouba Group Co. Ltd. Class A (XSSC) | 2,434,475 | 2,533 | ||||
Shandong Hualu Hengsheng Chemical Co. Ltd. Class A (XSSC) | 597,463 | 2,528 | ||||
Haohua Chemical Science & Technology Co. Ltd. Class A | 757,270 | 2,528 | ||||
Shanghai M&G Stationery Inc. Class A (XSSC) | 210,300 | 2,526 | ||||
Southern Shuanglin Bio-pharmacy Co. Ltd. Class A | 465,203 | 2,526 | ||||
Hangzhou Oxygen Plant Group Co. Ltd. Class A | 586,150 | 2,526 | ||||
China Avionics Systems Co. Ltd. Class A (XSSC) | 1,047,220 | 2,519 | ||||
Shennan Circuits Co. Ltd. Class A | 155,817 | 2,519 | ||||
* | Zhongtian Financial Group Co. Ltd. Class A | 5,523,375 | 2,516 | |||
Yifan Pharmaceutical Co. Ltd. Class A (XSHE) | 740,302 | 2,514 | ||||
North China Pharmaceutical Co. Ltd. Class A | 1,585,460 | 2,511 | ||||
Yixintang Pharmaceutical Group Co. Ltd. Class A | 417,554 | 2,507 | ||||
Yunnan Energy New Material Co. Ltd. Class A (XSEC) | 165,900 | 2,481 | ||||
STO Express Co. Ltd. Class A (XSHE) | 1,175,776 | 2,479 | ||||
Sealand Securities Co. Ltd. Class A (XSHE) | 3,177,265 | 2,474 | ||||
Guizhou Space Appliance Co. Ltd. Class A | 362,130 | 2,467 | ||||
Wangfujing Group Co. Ltd. Class A (XSSC) | 409,042 | 2,462 | ||||
Gree Real Estate Co. Ltd. Class A (XSSC) | 1,695,100 | 2,456 | ||||
Weihai Guangwei Composites Co. Ltd. Class A (XSHE) | 248,048 | 2,451 | ||||
* | Sinopec Oilfield Service Corp. Class A | 9,301,900 | 2,449 | |||
Guangdong Electric Power Development Co. Ltd. Class B | 8,986,228 | 2,437 | ||||
Eastern Communications Co. Ltd. Class A (XSSC) | 1,312,062 | 2,433 | ||||
Wuhu Token Science Co. Ltd. Class A (XSHE) | 1,627,300 | 2,430 | ||||
Sinopec Shanghai Petrochemical Co. Ltd. Class A | 4,902,940 | 2,424 | ||||
*,3 | China Huiyuan Juice Group Ltd. | 9,298,137 | 2,423 | |||
Tongwei Co. Ltd. Class A (XSHG) | 526,200 | 2,423 | ||||
Shanghai Zhangjiang High-Tech Park Development Co. Ltd. Class A (XSSC) | 853,196 | 2,417 | ||||
Accelink Technologies Co. Ltd. Class A (XSHE) | 513,948 | 2,414 |
Shares | Market Value ($000) | |||||
Da An Gene Co. Ltd. of Sun Yat-Sen University Class A (XSHE) | 426,162 | 2,410 | ||||
Tianjin Chase Sun Pharmaceutical Co. Ltd. Class A | 2,920,805 | 2,409 | ||||
Huadian Power International Corp. Ltd. Class A (XSSC) | 4,776,691 | 2,402 | ||||
TongFu Microelectronics Co. Ltd. Class A (XSHE) | 644,588 | 2,400 | ||||
CCOOP Group Co. Ltd. Class A (XSHE) | 5,417,100 | 2,399 | ||||
Zhejiang Huafeng Spandex Co. Ltd. Class A (XSHE) | 1,999,101 | 2,399 | ||||
Zijin Mining Group Co. Ltd. Class A (XSHG) | 2,277,600 | 2,397 | ||||
Shanghai Industrial Urban Development Group Ltd. | 25,690,162 | 2,395 | ||||
Zhuzhou Hongda Electronics Corp. Ltd. Class A (XSHE) | 332,126 | 2,388 | ||||
PharmaBlock Sciences Nanjing Inc. Class A (XSHE) | 117,242 | 2,381 | ||||
* | GCL System Integration Technology Co. Ltd. Class A | 4,601,125 | 2,375 | |||
China Wafer Level CSP Co. Ltd. Class A (XSHG) | 237,160 | 2,368 | ||||
Jiangxi Copper Co. Ltd. Class A | 1,066,444 | 2,365 | ||||
Xinjiang Tianshan Cement Co. Ltd. Class A | 1,061,720 | 2,363 | ||||
SDIC Capital Co. Ltd. Class A (XSHG) | 1,127,300 | 2,359 | ||||
Bluefocus Intelligent Communications Group Co. Ltd. Class A | 2,294,419 | 2,355 | ||||
Boya Bio-pharmaceutical Group Co. Ltd. Class A | 421,500 | 2,355 | ||||
Huaxi Securities Co. Ltd. Class A (XSHE) | 1,351,200 | 2,347 | ||||
Sieyuan Electric Co. Ltd. Class A | 733,100 | 2,346 | ||||
Hang Zhou Great Star Industrial Co. Ltd. Class A (XSHE) | 601,900 | 2,345 | ||||
Shanghai Yuyuan Tourist Mart Group Co. Ltd. Class A (XSHG) | 1,806,254 | 2,342 | ||||
Shanghai Pharmaceuticals Holding Co. Ltd. Class A (XSHG) | 784,985 | 2,340 | ||||
Shenzhen Airport Co. Ltd. Class A | 1,947,184 | 2,326 | ||||
Beiqi Foton Motor Co. Ltd. Class A (XSHG) | 4,990,476 | 2,324 | ||||
Jiangsu Provincial Agricultural Reclamation & Development Corp. | 1,191,892 | 2,308 | ||||
China Machinery Engineering Corp. Class H | 11,958,261 | 2,303 | ||||
Jiangsu Yuyue Medical Equipment & Supply Co. Ltd. Class A (XSHE) | 498,915 | 2,303 | ||||
Jiangxi Hongdu Aviation Industry Co. Ltd. Class A (XSHG) | 456,000 | 2,298 | ||||
YanTai Shuangta Food Co. Ltd. Class A (XSHE) | 1,051,000 | 2,294 | ||||
Longshine Technology Group Co. Ltd. Class A (XSHE) | 917,625 | 2,294 | ||||
Shanghai Yuyuan Tourist Mart Group Co. Ltd. Class A (XSSC) | 1,767,885 | 2,292 | ||||
Xiamen C & D Inc. Class A (XSHG) | 1,828,200 | 2,290 | ||||
* | China Modern Dairy Holdings Ltd. | 17,154,299 | 2,287 | |||
Shenzhen Sunline Tech Co. Ltd. Class A | 692,152 | 2,287 | ||||
Jiangsu Zhongtian Technology Co. Ltd. Class A (XSHG) | 1,385,900 | 2,286 | ||||
Zhejiang Chint Electrics Co. Ltd. Class A (XSHG) | 520,558 | 2,283 | ||||
Unisplendour Corp. Ltd. Class A (XSHE) | 693,297 | 2,282 | ||||
Shanxi Securities Co. Ltd. Class A (XSHE) | 2,026,110 | 2,280 | ||||
Thunder Software Technology Co. Ltd. Class A (XSHE) | 177,727 | 2,280 | ||||
Meihua Holdings Group Co. Ltd. Class A | 2,937,500 | 2,277 | ||||
China Merchants Land Ltd. | 15,681,888 | 2,275 | ||||
Beijing Bohui Innovation Biotechnology Co. Ltd. Class A | 865,369 | 2,266 | ||||
Hefei Meiya Optoelectronic Technology Inc. Class A (XSHE) | 358,050 | 2,262 | ||||
Addsino Co. Ltd. Class A (XSEC) | 749,900 | 2,257 | ||||
Oriental Energy Co. Ltd. Class A | 1,603,721 | 2,253 | ||||
Addsino Co. Ltd. Class A (XSHE) | 748,000 | 2,251 | ||||
Zhuzhou Kibing Group Co. Ltd. Class A (XSSC) | 1,635,114 | 2,244 | ||||
Northeast Securities Co. Ltd. Class A (XSHE) | 1,604,558 | 2,240 | ||||
China XD Electric Co. Ltd. Class A (XSSC) | 3,385,707 | 2,240 | ||||
FAW Jiefang Group Co. Ltd. Class A | 1,206,800 | 2,237 | ||||
Xiamen Tungsten Co. Ltd. Class A (XSSC) | 1,111,059 | 2,235 | ||||
Chengdu Xingrong Environment Co. Ltd. Class A | 3,004,200 | 2,235 | ||||
Taiji Computer Corp. Ltd. Class A | 556,906 | 2,235 | ||||
Hainan Poly Pharm Co. Ltd. Class A (XSHE) | 352,625 | 2,229 |
Shares | Market Value ($000) | |||||
Humanwell Healthcare Group Co. Ltd. Class A (XSSC) | 452,907 | 2,229 | ||||
TBEA Co. Ltd. Class A (XSSC) | 1,811,358 | 2,227 | ||||
Blue Sail Medical Co. Ltd. Class A (XSHE) | 625,000 | 2,225 | ||||
Eoptolink Technology Inc. Ltd. Class A (XSHE) | 248,392 | 2,214 | ||||
*,1,2 | Ascletis Pharma Inc. | 6,103,000 | 2,204 | |||
1 | Wisdom Education International Holdings Co. Ltd. | 6,772,000 | 2,203 | |||
Jonjee Hi-Tech Industrial & Commercial Holding Co. Ltd. Class A (XSHG) | 234,200 | 2,203 | ||||
Shengyi Technology Co. Ltd. Class A (XSHG) | 611,018 | 2,189 | ||||
Anhui Jinhe Industrial Co. Ltd. Class A | 513,300 | 2,185 | ||||
360 Security Technology Inc. Class A (XSHG) | 923,000 | 2,184 | ||||
Chongqing Rural Commercial Bank Co. Ltd. Class A | 3,259,500 | 2,178 | ||||
Ninestar Corp. Class A (XSHE) | 498,987 | 2,176 | ||||
SooChow Securities Co. Ltd. Class A (XSHG) | 1,483,170 | 2,173 | ||||
Sichuan Expressway Co. Ltd. Class H | 9,978,276 | 2,165 | ||||
* | Wintime Energy Co. Ltd. Class A | 10,949,100 | 2,164 | |||
Luxi Chemical Group Co. Ltd. Class A | 1,437,608 | 2,162 | ||||
Fujian Sunner Development Co. Ltd. Class A (XSHE) | 652,847 | 2,154 | ||||
Pacific Securities Co. Ltd. Class A (XSSC) | 3,822,620 | 2,153 | ||||
* | Pangang Group Vanadium Titanium & Resources Co. Ltd. Class A | 7,221,500 | 2,151 | |||
Fullshare Holdings Ltd. | 105,921,870 | 2,148 | ||||
Yantai Jereh Oilfield Services Group Co. Ltd. Class A (XSHE) | 534,742 | 2,144 | ||||
Shanghai Chinafortune Co. Ltd. Class A (XSSC) | 812,561 | 2,142 | ||||
Riyue Heavy Industry Co. Ltd. Class A | 592,860 | 2,139 | ||||
Jiangsu Zhongtian Technology Co. Ltd. Class A (XSSC) | 1,293,400 | 2,133 | ||||
Huangshan Tourism Development Co. Ltd. Class B | 2,889,803 | 2,128 | ||||
Shanghai Weaver Network Co. Ltd. Class A (XSHG) | 154,097 | 2,127 | ||||
Chengdu Kanghong Pharmaceutical Group Co. Ltd. Class A | 334,750 | 2,126 | ||||
Guangzhou GRG Metrology & Test Co. Ltd. Class A | 466,500 | 2,125 | ||||
Grandjoy Holdings Group Co. Ltd. Class A (XSHE) | 3,113,300 | 2,124 | ||||
Sinofert Holdings Ltd. | 23,790,032 | 2,122 | ||||
OFILM Group Co. Ltd. Class A (XSEC) | 917,400 | 2,122 | ||||
Huaan Securities Co. Ltd. Class A (XSHG) | 1,778,632 | 2,121 | ||||
Sai Micro Electronics Inc. Class A | 520,110 | 2,120 | ||||
Jiangsu Phoenix Publishing & Media Corp. Ltd. Class A (XSSC) | 2,044,106 | 2,118 | ||||
Guangdong Electric Power Development Co. Ltd. Class A | 3,812,800 | 2,116 | ||||
SDIC Power Holdings Co. Ltd. Class A (XSHG) | 1,529,000 | 2,113 | ||||
* | Zhejiang Narada Power Source Co. Ltd. Class A | 879,962 | 2,112 | |||
Shenzhen Yinghe Technology Co. Ltd. Class A | 492,360 | 2,111 | ||||
Hubei Energy Group Co. Ltd. Class A (XSHE) | 3,564,555 | 2,110 | ||||
* | Shanghai Milkground Food Tech Co. Ltd. Class A | 403,943 | 2,108 | |||
Guangzhou Zhujiang Brewery Co. Ltd. Class A (XSHE) | 1,435,600 | 2,107 | ||||
Jafron Biomedical Co. Ltd. Class A (XSEC) | 177,470 | 2,105 | ||||
Inner Mongolia First Machinery Group Co. Ltd. Class A (XSHG) | 1,296,286 | 2,103 | ||||
*,1 | National Agricultural Holdings Ltd. | 13,680,292 | 2,100 | |||
YTO Express Group Co. Ltd. Class A (XSSC) | 1,000,300 | 2,089 | ||||
* | IRICO Display Devices Co. Ltd. Class A | 3,442,001 | 2,088 | |||
Guangzhou Yuexiu Financial Holdings Group Co. Ltd. Class A (XSHE) | 890,400 | 2,084 | ||||
XCMG Construction Machinery Co. Ltd. Class A (XSHE) | 2,593,215 | 2,080 | ||||
Autobio Diagnostics Co. Ltd. Class A (XSSC) | 79,700 | 2,077 | ||||
CNOOC Energy Technology & Services Ltd. Class A | 6,008,200 | 2,076 | ||||
COFCO Capital Holdings Co. Ltd. Class A (XSHE) | 1,446,657 | 2,074 | ||||
Wuhan Raycus Fiber Laser Technologies Co. Ltd. Class A (XSHE) | 185,220 | 2,072 | ||||
China Nuclear Engineering & Construction Corp. Ltd. Class A | 1,920,882 | 2,071 |
Shares | Market Value ($000) | |||||
Zhongji Innolight Co. Ltd. Class A (XSEC) | 292,286 | 2,069 | ||||
Zhejiang Xianju Pharmaceutical Co. Ltd. Class A | 898,950 | 2,066 | ||||
Shanghai Huayi Group Co. Ltd. Class B | 4,248,843 | 2,063 | ||||
Edifier Technology Co. Ltd. Class A | 835,300 | 2,061 | ||||
Hubei Dinglong Co. Ltd. Class A | 930,908 | 2,060 | ||||
Suofeiya Home Collection Co. Ltd. Class A | 486,978 | 2,056 | ||||
Shandong Gold Mining Co. Ltd. Class A (XSHG) | 574,280 | 2,054 | ||||
Baoji Titanium Industry Co. Ltd. Class A | 417,700 | 2,050 | ||||
Toly Bread Co. Ltd. Class A (XSHG) | 215,292 | 2,048 | ||||
Jiangxi Bank Co. Ltd. Class H | 4,799,029 | 2,043 | ||||
Juewei Food Co. Ltd. Class A (XSHG) | 168,760 | 2,043 | ||||
PCI-Suntek Technology Co. Ltd. Class A (XSHG) | 1,516,958 | 2,034 | ||||
Wangfujing Group Co. Ltd. Class A (XSHG) | 335,920 | 2,022 | ||||
Thunder Software Technology Co. Ltd. Class A (XSEC) | 157,500 | 2,020 | ||||
Hunan Valin Steel Co. Ltd. Class A (XSHE) | 2,658,600 | 2,019 | ||||
Chongqing Department Store Co. Ltd. Class A | 374,760 | 2,019 | ||||
CPMC Holdings Ltd. | 4,573,319 | 2,017 | ||||
Titan Wind Energy Suzhou Co. Ltd. Class A | 1,882,872 | 2,017 | ||||
Shenzhen MTC Co. Ltd. Class A (XSHE) | 2,237,255 | 2,017 | ||||
Haisco Pharmaceutical Group Co. Ltd. Class A | 598,264 | 2,017 | ||||
China Shipbuilding Industry Group Power Co. Ltd. Class A (XSSC) | 776,822 | 2,016 | ||||
Shenzhen Tagen Group Co. Ltd. Class A | 1,970,094 | 2,016 | ||||
Ingenic Semiconductor Co. Ltd. Class A | 191,216 | 2,012 | ||||
Guangzhou Haige Communications Group Inc. Co. Class A (XSHE) | 1,201,147 | 2,011 | ||||
Ming Yang Smart Energy Group Ltd. Class A (XSHG) | 828,600 | 2,009 | ||||
China Automotive Engineering Research Institute Co. Ltd. Class A | 1,024,441 | 2,007 | ||||
Ningbo Shanshan Co. Ltd. Class A (XSSC) | 1,089,418 | 2,006 | ||||
Shanghai Kinetic Medical Co. Ltd. Class A | 707,843 | 2,003 | ||||
Zhongshan Public Utilities Group Co. Ltd. Class A | 1,593,736 | 2,001 | ||||
Red Avenue New Materials Group Co. Ltd. Class A (XSHG) | 345,100 | 2,000 | ||||
Bank of Nanjing Co. Ltd. Class A (XSHG) | 1,748,376 | 1,999 | ||||
Zhejiang Satellite Petrochemical Co. Ltd. Class A (XSHE) | 601,905 | 1,997 | ||||
Vantone Neo Development Group Co. Ltd. Class A | 2,028,010 | 1,996 | ||||
Jiangsu Nhwa Pharmaceutical Co. Ltd. Class A (XSHE) | 849,296 | 1,995 | ||||
Zhejiang Tianyu Pharmaceutical Co. Ltd. Class A | 141,700 | 1,995 | ||||
ORG Technology Co. Ltd. Class A | 2,362,407 | 1,989 | ||||
Xiamen Faratronic Co. Ltd. Class A (XSSC) | 148,115 | 1,987 | ||||
Universal Scientific Industrial Shanghai Co. Ltd. Class A (XSSC) | 606,052 | 1,984 | ||||
Wolong Electric Group Co. Ltd. Class A (XSSC) | 1,084,833 | 1,984 | ||||
1,3 | China ZhengTong Auto Services Holdings Ltd. | 14,639,764 | 1,977 | |||
China National Chemical Engineering Co. Ltd. Class A | 2,490,177 | 1,972 | ||||
China Film Co. Ltd. Class A (XSHG) | 1,041,800 | 1,972 | ||||
Han's Laser Technology Industry Group Co. Ltd. Class A (XSHE) | 327,400 | 1,971 | ||||
China Merchants Expressway Network & Technology Holdings Co. Ltd. Class A | 1,918,830 | 1,965 | ||||
Zhejiang Wanliyang Co. Ltd. Class A (XSHE) | 1,126,200 | 1,964 | ||||
Shanghai Jahwa United Co. Ltd. Class A (XSSC) | 317,125 | 1,958 | ||||
Shanghai Pharmaceuticals Holding Co. Ltd. Class A (XSSC) | 656,094 | 1,956 | ||||
Shanghai Shimao Co. Ltd. Class A (XSSC) | 2,254,512 | 1,951 | ||||
Zhongji Innolight Co. Ltd. Class A (XSHE) | 275,337 | 1,949 | ||||
Shenzhen Megmeet Electrical Co. Ltd. Class A (XSHE) | 386,775 | 1,947 | ||||
Victory Giant Technology Huizhou Co. Ltd. Class A | 622,500 | 1,945 | ||||
Xiamen Xiangyu Co. Ltd. Class A | 2,173,328 | 1,945 | ||||
NSFOCUS Technologies Group Co. Ltd. Class A | 702,185 | 1,941 | ||||
Beijing Capital Co. Ltd. Class A (XSSC) | 4,436,955 | 1,933 |
Shares | Market Value ($000) | |||||
Shanghai Ganglian E-Commerce Holdings Co. Ltd. Class A | 193,424 | 1,930 | ||||
Tech-Bank Food Co. Ltd. Class A (XSHE) | 883,553 | 1,929 | ||||
Baoli New Energy Technology Co. Ltd. Class A | 4,172,796 | 1,929 | ||||
Chinalin Securities Co. Ltd. Class A | 924,427 | 1,928 | ||||
China South Publishing & Media Group Co. Ltd. Class A (XSSC) | 1,228,349 | 1,927 | ||||
Zhejiang Kaishan Compressor Co. Ltd. Class A | 830,608 | 1,924 | ||||
Hengli Petrochemical Co. Ltd. Class A (XSSC) | 666,000 | 1,923 | ||||
Aerospace CH UAV Co. Ltd. (XSHE) | 542,800 | 1,922 | ||||
Zhejiang Juhua Co. Ltd. Class A (XSSC) | 1,923,462 | 1,921 | ||||
Angel Yeast Co. Ltd. Class A (XSSC) | 242,888 | 1,918 | ||||
Tangshan Jidong Cement Co. Ltd. Class A (XSHE) | 851,877 | 1,914 | ||||
Citic Pacific Special Steel Group Co. Ltd. Class A (XSEC) | 792,645 | 1,913 | ||||
Unisplendour Corp. Ltd. Class A (XSEC) | 580,826 | 1,912 | ||||
* | Visionox Technology Inc. Class A (XSHE) | 980,850 | 1,912 | |||
Guangdong HEC Technology Holding Co. Ltd. Class A (XSHG) | 2,244,191 | 1,911 | ||||
Gemdale Corp. Class A (XSHG) | 953,400 | 1,905 | ||||
YTO Express Group Co. Ltd. Class A (XSHG) | 911,106 | 1,902 | ||||
Shanghai Electric Group Co. Ltd. Class A (XSSC) | 2,571,067 | 1,900 | ||||
Tsinghua Tongfang Co. Ltd. Class A (XSHG) | 1,923,200 | 1,899 | ||||
Huaneng Power International Inc. Class A (XSHG) | 2,599,994 | 1,898 | ||||
Archermind Technology Nanjing Co. Ltd. Class A | 100,049 | 1,891 | ||||
Bluestar Adisseo Co. Class A | 1,009,941 | 1,888 | ||||
China Southern Airlines Co. Ltd. Class A | 2,288,500 | 1,886 | ||||
Ganfeng Lithium Co. Ltd. Class A (XSEC) | 206,600 | 1,885 | ||||
* | Yunnan Copper Co. Ltd. Class A (XSEC) | 1,013,600 | 1,884 | |||
Foshan Electrical & Lighting Co. Ltd. Class B | 5,863,506 | 1,878 | ||||
Huagong Tech Co. Ltd. Class A (XSHE) | 536,500 | 1,870 | ||||
Leyard Optoelectronic Co. Ltd. Class A (XSEC) | 1,748,173 | 1,867 | ||||
Zhejiang Huace Film & TV Co. Ltd. Class A | 1,700,924 | 1,865 | ||||
Zhejiang Jinke Culture Industry Co. Ltd. Class A | 2,951,245 | 1,861 | ||||
Beijing Capital Development Co. Ltd. Class A (XSSC) | 2,014,531 | 1,859 | ||||
Beijing Gehua CATV Network Co. Ltd. Class A (XSHG) | 1,135,600 | 1,859 | ||||
Tianjin 712 Communication & Broadcasting Co. Ltd. Class A (XSHG) | 288,300 | 1,857 | ||||
Zheshang Securities Co. Ltd. Class A (XSHG) | 832,600 | 1,856 | ||||
Shenzhen Kedali Industry Co. Ltd. Class A | 183,400 | 1,855 | ||||
AVIC Electromechanical Systems Co. Ltd. Class A (XSEC) | 1,172,445 | 1,854 | ||||
Beijing Jingneng Power Co. Ltd. Class A (XSSC) | 4,196,303 | 1,852 | ||||
Shanghai Shibei Hi-Tech Co. Ltd. Class B | 5,109,069 | 1,849 | ||||
Shaanxi International Trust Co. Ltd. Class A (XSHE) | 3,487,380 | 1,849 | ||||
* | Berry Genomics Co. Ltd. Class A (XSHE) | 247,298 | 1,846 | |||
Luenmei Quantum Co. Ltd. Class A (XSHG) | 934,180 | 1,846 | ||||
Shanghai Pret Composites Co. Ltd. Class A | 835,885 | 1,846 | ||||
Bright Dairy & Food Co. Ltd. Class A (XSSC) | 794,000 | 1,840 | ||||
COFCO Tunhe Sugar Co. Ltd. Class A | 1,487,749 | 1,837 | ||||
Zhejiang Dingli Machinery Co. Ltd. Class A (XSHG) | 134,848 | 1,837 | ||||
Harbin Boshi Automation Co. Ltd. Class A | 1,008,732 | 1,834 | ||||
Porton Pharma Solutions Ltd. Class A (XSEC) | 321,250 | 1,834 | ||||
Shanghai Jinjiang International Travel Co. Ltd. Class B | 1,115,635 | 1,830 | ||||
Guangdong Tapai Group Co. Ltd. Class A (XSHE) | 931,036 | 1,830 | ||||
Doushen Beijing Education & Technology Inc. Class A | 866,539 | 1,825 | ||||
First Tractor Co. Ltd. Class A (XSSC) | 1,049,289 | 1,823 | ||||
Guangzhou Shiyuan Electronic Technology Co. Ltd. Class A (XSHE) | 118,600 | 1,823 | ||||
* | Saturday Co. Ltd. Class A | 608,400 | 1,822 | |||
Xinyangfeng Agricultural Technology Co. Ltd. Class A (XSHE) | 1,008,156 | 1,821 | ||||
Shenzhen Yan Tian Port Holding Co. Ltd. Class A | 1,948,141 | 1,817 |
Shares | Market Value ($000) | |||||
Zhejiang Orient Financial Holdings Group Co. Ltd. Class A (XSHG) | 1,748,688 | 1,816 | ||||
DongFeng Automobile Co. Ltd. Class A | 1,936,312 | 1,800 | ||||
EIT Environmental Development Group Co. Ltd. Class A | 119,966 | 1,800 | ||||
Jiangsu Eastern Shenghong Co. Ltd. Class A (XSHE) | 1,957,200 | 1,799 | ||||
FAWER Automotive Parts Co. Ltd. Class A | 1,597,545 | 1,799 | ||||
Tasly Pharmaceutical Group Co. Ltd. Class A (XSSC) | 686,014 | 1,796 | ||||
China Baoan Group Co. Ltd. Class A (XSHE) | 1,577,616 | 1,789 | ||||
GD Power Development Co. Ltd. Class A (XSHG) | 6,103,116 | 1,788 | ||||
Caitong Securities Co. Ltd. Class A (XSHG) | 929,500 | 1,788 | ||||
Shanxi Taigang Stainless Steel Co. Ltd. Class A | 3,411,900 | 1,786 | ||||
Kunming Yunnei Power Co. Ltd. Class A | 1,904,354 | 1,786 | ||||
Shenzhen H&T Intelligent Control Co. Ltd. Class A (XSHE) | 708,842 | 1,786 | ||||
Tande Co. Ltd. Class A | 3,429,500 | 1,780 | ||||
Shenzhen Changhong Technology Co. Ltd. Class A | 485,400 | 1,780 | ||||
IKD Co. Ltd. Class A | 876,400 | 1,778 | ||||
Greenland Holdings Corp. Ltd. Class A (XSSC) | 1,914,400 | 1,774 | ||||
Beijing Aosaikang Pharmaceutical Co. Ltd. Class A | 729,946 | 1,773 | ||||
Asymchem Laboratories Tianjin Co. Ltd. Class A (XSEC) | 43,128 | 1,770 | ||||
Jiangsu Yuyue Medical Equipment & Supply Co. Ltd. Class A (XSEC) | 382,600 | 1,766 | ||||
Wanhua Chemical Group Co. Ltd. Class A (XSSC) | 149,200 | 1,754 | ||||
Xinjiang Goldwind Science & Technology Co. Ltd. Class A (XSHE) | 1,012,526 | 1,754 | ||||
Offshore Oil Engineering Co. Ltd. Class A (XSSC) | 2,767,270 | 1,752 | ||||
China Galaxy Securities Co. Ltd. Class A | 995,320 | 1,751 | ||||
Jiangxi Wannianqing Cement Co. Ltd. Class A | 828,724 | 1,750 | ||||
Qingling Motors Co. Ltd. Class H | 9,812,072 | 1,749 | ||||
Shandong Denghai Seeds Co. Ltd. Class A (XSHE) | 683,618 | 1,749 | ||||
Shandong Sun Paper Industry JSC Ltd. Class A (XSEC) | 835,800 | 1,740 | ||||
Jiangsu Zhongnan Construction Group Co. Ltd. Class A (XSEC) | 1,287,637 | 1,740 | ||||
Da An Gene Co. Ltd. of Sun Yat-Sen University Class A (XSEC) | 307,090 | 1,737 | ||||
Hangzhou Silan Microelectronics Co. Ltd. Class A (XSSC) | 767,600 | 1,734 | ||||
Shanghai Yaoji Technology Co. Ltd. Class A | 386,659 | 1,734 | ||||
Nanjing Gaoke Co. Ltd. Class A (XSSC) | 1,141,108 | 1,731 | ||||
Everbright Securities Co. Ltd. Class A (XSHG) | 640,900 | 1,727 | ||||
Amoy Diagnostics Co. Ltd. Class A | 137,300 | 1,727 | ||||
Kingfa Sci & Tech Co. Ltd. Class A (XSSC) | 755,423 | 1,726 | ||||
B-Soft Co. Ltd. Class A | 882,897 | 1,724 | ||||
* | Shandong Sinobioway Biomedicine Co. Ltd. Class A | 631,460 | 1,720 | |||
Zhejiang Hisoar Pharmaceutical Co. Ltd. Class A (XSHE) | 1,479,817 | 1,719 | ||||
Shanghai Tofflon Science & Technology Co. Ltd. Class A | 622,854 | 1,718 | ||||
Oceanwide Holdings Co. Ltd. Class A (XSHE) | 2,790,994 | 1,717 | ||||
Grandblue Environment Co. Ltd. Class A (XSSC) | 458,060 | 1,713 | ||||
Chimin Health Management Co. Ltd. Class A | 306,000 | 1,708 | ||||
Jinduicheng Molybdenum Co. Ltd. Class A (XSSC) | 2,011,640 | 1,707 | ||||
Shede Spirits Co. Ltd. Class A | 254,113 | 1,707 | ||||
Shenzhen Sinovatio Technology Co. Ltd. Class A | 153,216 | 1,705 | ||||
* | Nanjing Tanker Corp. Class A | 4,549,700 | 1,701 | |||
Shanghai Hile Bio-Technology Co. Ltd. Class A | 539,541 | 1,700 | ||||
* | Hesteel Co. Ltd. Class A (XSEC) | 5,514,383 | 1,699 | |||
Huolinhe Opencut Coal Industry Corp. Ltd. of Inner Mongolia Class A | 1,168,509 | 1,692 | ||||
*,3 | CT Environmental Group Ltd. | 38,490,600 | 1,688 | |||
Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. Ltd. Class H | 3,561,772 | 1,682 | ||||
Shanghai Construction Group Co. Ltd. Class A (XSSC) | 3,691,482 | 1,679 | ||||
Dong-E-E-Jiao Co. Ltd. Class A (XSHE) | 293,067 | 1,678 | ||||
Financial Street Holdings Co. Ltd. Class A (XSHE) | 1,676,851 | 1,672 |
Shares | Market Value ($000) | |||||
Guangdong Baolihua New Energy Stock Co. Ltd. Class A (XSHE) | 1,475,460 | 1,670 | ||||
* | Ecovacs Robotics Co. Ltd. Class A (XSSC) | 177,900 | 1,667 | |||
Weihai Guangwei Composites Co. Ltd. Class A (XSEC) | 168,500 | 1,665 | ||||
* | TongFu Microelectronics Co. Ltd. Class A (XSEC) | 446,991 | 1,664 | |||
Zhejiang Weiming Environment Protection Co. Ltd. Class A (XSHG) | 508,599 | 1,664 | ||||
Huafa Industrial Co. Ltd. Zhuhai Class A (XSSC) | 1,712,126 | 1,659 | ||||
Sichuan Swellfun Co. Ltd. Class A (XSSC) | 167,033 | 1,654 | ||||
Western Mining Co. Ltd. Class A (XSHG) | 1,223,700 | 1,654 | ||||
Anhui Kouzi Distillery Co. Ltd. Class A (XSSC) | 201,427 | 1,651 | ||||
Shanghai International Port Group Co. Ltd. Class A (XSHG) | 2,640,400 | 1,650 | ||||
China Railway Hi-tech Industry Co. Ltd. Class A | 1,220,600 | 1,649 | ||||
Luolai Lifestyle Technology Co. Ltd. Class A (XSHE) | 856,783 | 1,648 | ||||
Guangdong Create Century Intelligent Equipment Corp. Ltd. Class A | 1,370,200 | 1,644 | ||||
TBEA Co. Ltd. Class A (XSHG) | 1,336,069 | 1,643 | ||||
CECEP Solar Energy Co. Ltd. Class A (XSHE) | 2,436,430 | 1,643 | ||||
Jilin Aodong Pharmaceutical Group Co. Ltd. Class A (XSHE) | 652,876 | 1,642 | ||||
Beijing Strong Biotechnologies Inc. Class A | 490,185 | 1,638 | ||||
Western Securities Co. Ltd. Class A (XSEC) | 1,201,468 | 1,637 | ||||
Shenzhen Kingdom Sci-Tech Co. Ltd. Class A (XSSC) | 615,216 | 1,636 | ||||
TangShan Port Group Co. Ltd. Class A (XSSC) | 4,553,335 | 1,634 | ||||
Chengzhi Co. Ltd. Class A (XSEC) | 842,000 | 1,632 | ||||
China Fortune Land Development Co. Ltd. Class A (XSHG) | 772,378 | 1,628 | ||||
Zhejiang Meida Industrial Co. Ltd. Class A (XSHE) | 572,800 | 1,625 | ||||
BGI Genomics Co. Ltd. Class A (XSHE) | 72,800 | 1,625 | ||||
Shanghai Tunnel Engineering Co. Ltd. Class A (XSSC) | 1,945,380 | 1,623 | ||||
Yunnan Chihong Zinc&Germanium Co. Ltd. Class A (XSHG) | 2,851,638 | 1,618 | ||||
Guangdong Advertising Group Co. Ltd. Class A | 1,672,622 | 1,618 | ||||
Autobio Diagnostics Co. Ltd. Class A (XSHG) | 61,900 | 1,613 | ||||
Guangxi Liugong Machinery Co. Ltd. Class A | 1,530,461 | 1,612 | ||||
Zhejiang Zheneng Electric Power Co. Ltd. Class A (XSSC) | 3,004,652 | 1,612 | ||||
Ningbo Peacebird Fashion Co. Ltd. Class A (XSSC) | 276,031 | 1,611 | ||||
* | Polaris Bay Group Co. Ltd. Class A (XSHG) | 916,098 | 1,611 | |||
Zhengzhou Coal Mining Machinery Group Co. Ltd. Class A (XSSC) | 1,043,125 | 1,610 | ||||
Hainan Haiyao Co. Ltd. Class A | 1,301,400 | 1,606 | ||||
China Minsheng Banking Corp. Ltd. Class A (XSHG) | 2,033,760 | 1,604 | ||||
Xi'an Tian He Defense Technology Co. Ltd. Class A | 475,200 | 1,604 | ||||
China Animal Husbandry Industry Co. Ltd. Class A (XSHG) | 748,498 | 1,602 | ||||
Shenzhen Everwin Precision Technology Co. Ltd. Class A (XSEC) | 445,778 | 1,599 | ||||
Jiangsu Yangnong Chemical Co. Ltd. Class A (XSHG) | 114,900 | 1,599 | ||||
CSG Smart Science&Technology Co. Ltd. Class A | 756,395 | 1,598 | ||||
SPIC Dongfang New Energy Corp. Class A (XSEC) | 2,456,988 | 1,597 | ||||
Beijing Tiantan Biological Products Corp. Ltd. Class A (XSHG) | 309,311 | 1,596 | ||||
Rockchip Electronics Co. Ltd. Class A | 141,900 | 1,595 | ||||
Chongqing Zaisheng Technology Corp. Ltd. Class A | 694,240 | 1,593 | ||||
Shanghai Environment Group Co. Ltd. Class A | 955,007 | 1,587 | ||||
*,3 | China Fiber Optic Network System Group Ltd. | 17,564,000 | 1,586 | |||
Wuhan DR Laser Technology Corp. Ltd. Class A | 91,680 | 1,585 | ||||
Shanying International Holding Co. Ltd. Class A (XSSC) | 3,457,725 | 1,583 | ||||
China Minmetals Rare Earth Co. Ltd. Class A | 892,000 | 1,582 | ||||
Chengtun Mining Group Co. Ltd. Class A (XSSC) | 1,874,962 | 1,581 | ||||
Guangdong Zhongsheng Pharmaceutical Co. Ltd. Class A | 852,417 | 1,581 |
Shares | Market Value ($000) | |||||
Chengdu Leejun Industrial Co. Ltd. Class A | 1,022,161 | 1,580 | ||||
Dong-E-E-Jiao Co. Ltd. Class A (XSEC) | 275,700 | 1,578 | ||||
Wuxi Rural Commercial Bank Co. Ltd. Class A | 1,899,400 | 1,575 | ||||
* | Hunan Dakang International Food & Agriculture Co. Ltd. Class A (XSHE) | 4,554,460 | 1,574 | |||
Shenzhen YUTO Packaging Technology Co. Ltd. Class A (XSEC) | 354,360 | 1,569 | ||||
GEM Co. Ltd. Class A (XSHE) | 2,179,354 | 1,569 | ||||
Guanghui Energy Co. Ltd. Class A (XSSC) | 3,634,412 | 1,566 | ||||
Zhejiang Crystal-Optech Co. Ltd. Class A (XSHE) | 819,994 | 1,565 | ||||
Wuhan Guide Infrared Co. Ltd. Class A (XSEC) | 308,451 | 1,563 | ||||
Fujian Sunner Development Co. Ltd. Class A (XSEC) | 472,967 | 1,560 | ||||
Shanghai Electric Power Co. Ltd. Class A (XSSC) | 1,459,223 | 1,559 | ||||
Minmetals Capital Co. Ltd. Class A | 1,506,360 | 1,557 | ||||
Hefei Meiya Optoelectronic Technology Inc. Class A (XSEC) | 246,158 | 1,555 | ||||
Beijing Ultrapower Software Co. Ltd. Class A | 1,853,768 | 1,555 | ||||
Jinke Properties Group Co. Ltd. Class A (XSEC) | 1,338,788 | 1,554 | ||||
Changjiang Securities Co. Ltd. Class A (XSEC) | 1,377,986 | 1,553 | ||||
Shanghai Zhangjiang High-Tech Park Development Co. Ltd. Class A (XSHG) | 548,200 | 1,553 | ||||
Hytera Communications Corp. Ltd. Class A (XSHE) | 1,454,565 | 1,551 | ||||
Chengdu Fusen Noble-House Industrial Co. Ltd. Class A | 762,003 | 1,548 | ||||
Nanjing Hanrui Cobalt Co. Ltd. Class A (XSHE) | 162,400 | 1,547 | ||||
Guizhou Xinbang Pharmaceutical Co. Ltd. Class A | 1,609,931 | 1,541 | ||||
Shandong Airlines Co. Ltd. Class B | 2,075,717 | 1,534 | ||||
Shenzhen Goodix Technology Co. Ltd. Class A (XSSC) | 59,656 | 1,534 | ||||
CECEP Wind-Power Corp. Class A (XSSC) | 3,785,316 | 1,534 | ||||
Beijing North Star Co. Ltd. Class H | 7,615,813 | 1,526 | ||||
China TransInfo Technology Co. Ltd. Class A (XSEC) | 459,400 | 1,526 | ||||
Bluedon Information Security Technology Co. Ltd. Class A | 1,245,056 | 1,525 | ||||
Yingkou Port Liability Co. Ltd. Class A | 4,046,000 | 1,524 | ||||
Feitian Technologies Co. Ltd. Class A | 392,500 | 1,524 | ||||
Yuan Longping High-tech Agriculture Co. Ltd. Class A (XSEC) | 606,800 | 1,521 | ||||
Zhengzhou Yutong Bus Co. Ltd. Class A (XSHG) | 635,800 | 1,521 | ||||
Shanxi Xishan Coal & Electricity Power Co. Ltd. Class A (XSHE) | 2,191,245 | 1,518 | ||||
Zhejiang Wanfeng Auto Wheel Co. Ltd. Class A (XSHE) | 1,411,966 | 1,518 | ||||
Luoniushan Co. Ltd. Class A (XSHE) | 1,057,707 | 1,516 | ||||
HC SemiTek Corp. Class A | 944,750 | 1,512 | ||||
* | Qingdao Zhongzi Zhongcheng Group Co. Ltd. Class A | 808,606 | 1,512 | |||
China Oilfield Services Ltd. Class A | 927,634 | 1,510 | ||||
Guangzhou Shiyuan Electronic Technology Co. Ltd. Class A (XSEC) | 98,084 | 1,508 | ||||
Shanghai Aerospace Automobile Electromechanical Co. Ltd. Class A | 1,444,129 | 1,506 | ||||
* | Lier Chemical Co. Ltd. Class A | 504,444 | 1,501 | |||
Yantai Dongcheng Pharmaceutical Co. Ltd. Class A (XSHE) | 426,300 | 1,501 | ||||
Hainan Strait Shipping Co. Ltd. Class A (XSHE) | 1,118,520 | 1,498 | ||||
Beijing Dabeinong Technology Group Co. Ltd. Class A (XSEC) | 1,206,300 | 1,497 | ||||
Sichuan Changhong Electric Co. Ltd. Class A (XSHG) | 3,659,100 | 1,495 | ||||
Shanghai Putailai New Energy Technology Co. Ltd. Class A (XSSC) | 89,300 | 1,491 | ||||
Shanghai Shyndec Pharmaceutical Co. Ltd. Class A | 986,738 | 1,491 | ||||
INESA Intelligent Tech Inc. Class B | 3,069,872 | 1,487 | ||||
Guangdong Golden Dragon Development Inc. Class A (XSHE) | 722,300 | 1,486 | ||||
Hisense Visual Technology Co. Ltd. Class A (XSHG) | 788,700 | 1,486 | ||||
* | Kingnet Network Co. Ltd. Class A | 1,942,332 | 1,482 |
Shares | Market Value ($000) | |||||
Suzhou TFC Optical Communication Co. Ltd. Class A (XSHE) | 166,600 | 1,479 | ||||
Jiangsu Broadcasting Cable Information Network Corp. Ltd. Class A (XSHG) | 2,810,150 | 1,479 | ||||
Bengang Steel Plates Co. Ltd. Class B | 8,157,311 | 1,474 | ||||
Zhefu Holding Group Co. Ltd. Class A | 1,995,490 | 1,474 | ||||
Hubei Biocause Pharmaceutical Co. Ltd. Class A (XSEC) | 1,977,200 | 1,473 | ||||
Shanxi Securities Co. Ltd. Class A (XSEC) | 1,309,410 | 1,473 | ||||
* | China Tianying Inc. Class A | 2,242,000 | 1,469 | |||
* | Guangdong Weihua Corp. Class A | 647,374 | 1,469 | |||
G-bits Network Technology Xiamen Co. Ltd. Class A (XSSC) | 20,800 | 1,468 | ||||
Shenzhen Gas Corp. Ltd. Class A (XSSC) | 1,333,087 | 1,467 | ||||
Huayi Brothers Media Corp. Class A (XSEC) | 2,205,602 | 1,466 | ||||
China Gezhouba Group Co. Ltd. Class A (XSHG) | 1,409,100 | 1,466 | ||||
* | Shandong Yulong Gold Co. Ltd. Class A | 717,600 | 1,465 | |||
Sinochem International Corp. Class A (XSSC) | 1,871,806 | 1,464 | ||||
Newland Digital Technology Co. Ltd. Class A (XSHE) | 618,095 | 1,463 | ||||
*,3 | GDS Holdings Ltd. Class A | 139,824 | 1,459 | |||
Wasion Holdings Ltd. | 6,252,867 | 1,455 | ||||
Shenzhen Hepalink Pharmaceutical Group Co. Ltd. Class A (XSHE) | 489,180 | 1,455 | ||||
Wuhan Department Store Group Co. Ltd. Class A | 745,977 | 1,454 | ||||
Wangsu Science & Technology Co. Ltd. Class A (XSHE) | 1,245,519 | 1,452 | ||||
Myhome Real Estate Development Group Co. Ltd. Class A | 2,630,400 | 1,450 | ||||
Dalian Port PDA Co. Ltd. Class A | 5,125,070 | 1,448 | ||||
Shenzhen MTC Co. Ltd. Class A (XSEC) | 1,603,800 | 1,446 | ||||
Lushang Health Industry Development Co. Ltd. Class A | 925,879 | 1,445 | ||||
Jiangxi Huangshanghuang Group Food Co. Ltd. Class A | 462,301 | 1,445 | ||||
Beijing Kunlun Tech Co. Ltd. Class A (XSHE) | 392,631 | 1,443 | ||||
Yantai Tayho Advanced Materials Co. Ltd. Class A | 668,261 | 1,441 | ||||
Bank of Chengdu Co. Ltd. Class A (XSHG) | 930,600 | 1,440 | ||||
Zhejiang Yasha Decoration Co. Ltd. Class A (XSHE) | 1,071,760 | 1,437 | ||||
Shenzhen Suntak Circuit Technology Co. Ltd. Class A (XSEC) | 572,400 | 1,436 | ||||
Shanghai Jahwa United Co. Ltd. Class A (XSHG) | 232,700 | 1,436 | ||||
Jiangsu Jiangyin Rural Commercial Bank Co. Ltd. Class A | 2,387,639 | 1,434 | ||||
BGI Genomics Co. Ltd. Class A (XSEC) | 64,249 | 1,434 | ||||
Leo Group Co. Ltd. Class A (XSHE) | 3,005,211 | 1,425 | ||||
Western Mining Co. Ltd. Class A (XSSC) | 1,053,500 | 1,424 | ||||
Shenzhen Everwin Precision Technology Co. Ltd. Class A (XSHE) | 397,066 | 1,424 | ||||
Sealand Securities Co. Ltd. Class A (XSEC) | 1,828,130 | 1,423 | ||||
Shanghai Shibei Hi-Tech Co. Ltd. Class A | 1,294,230 | 1,419 | ||||
Tunghsu Optoelectronic Technology Co. Ltd. Class A (XSHE) | 3,465,608 | 1,418 | ||||
* | Chongqing Iron & Steel Co. Ltd. Class A (XSSC) | 6,627,236 | 1,417 | |||
Inspur Electronic Information Industry Co. Ltd. Class A (XSEC) | 310,040 | 1,416 | ||||
Guangdong South New Media Co. Ltd. Class A (XSHE) | 109,080 | 1,414 | ||||
China TransInfo Technology Co. Ltd. Class A (XSHE) | 425,300 | 1,413 | ||||
CSSC Offshore & Marine Engineering Group Co. Ltd. Class A (XSSC) | 362,901 | 1,409 | ||||
Xinxing Ductile Iron Pipes Co. Ltd. Class A (XSEC) | 2,591,500 | 1,407 | ||||
Dongguan Development Holdings Co. Ltd. Class A | 1,091,801 | 1,406 | ||||
Nanjing Securities Co. Ltd. Class A (XSHG) | 751,560 | 1,406 | ||||
Beijing Urban Construction Investment & Development Co. Ltd. Class A (XSHG) | 1,706,976 | 1,404 | ||||
Sunflower Pharmaceutical Group Co. Ltd. Class A | 604,108 | 1,401 | ||||
Huizhou Desay Sv Automotive Co. Ltd. Class A (XSEC) | 137,400 | 1,400 |
Shares | Market Value ($000) | |||||
Guangzhou Haige Communications Group Inc. Co. Class A (XSEC) | 835,700 | 1,399 | ||||
Power Construction Corp. of China Ltd. Class A (XSHG) | 2,430,302 | 1,397 | ||||
Shandong Huatai Paper Industry Shareholding Co. Ltd. Class A | 1,833,092 | 1,396 | ||||
Sansteel Minguang Co. Ltd. Fujian Class A | 1,418,556 | 1,396 | ||||
Guangdong Great River Smarter Logistics Co. Ltd. Class A | 434,798 | 1,396 | ||||
Beibuwan Port Co. Ltd. Class A | 931,400 | 1,393 | ||||
Beijing Global Safety Technology Co. Ltd. Class A | 250,939 | 1,393 | ||||
Huafu Fashion Co. Ltd. Class A (XSHE) | 1,360,510 | 1,392 | ||||
People.cn Co. Ltd. Class A (XSSC) | 556,581 | 1,392 | ||||
Beijing Shunxin Agriculture Co. Ltd. Class A (XSEC) | 168,792 | 1,387 | ||||
* | Beijing Enterprises Clean Energy Group Ltd. | 268,597,198 | 1,387 | |||
Zhejiang Hisun Pharmaceutical Co. Ltd. Class A (XSSC) | 568,100 | 1,382 | ||||
Beijing Jetsen Technology Co. Ltd. Class A (XSEC) | 1,796,323 | 1,381 | ||||
Hunan Valin Steel Co. Ltd. Class A (XSEC) | 1,817,500 | 1,380 | ||||
China Meheco Co. Ltd. Class A (XSSC) | 612,560 | 1,379 | ||||
Shanghai Diesel Engine Co. Ltd. Class B | 3,331,245 | 1,378 | ||||
Beijing SuperMap Software Co. Ltd. Class A | 443,300 | 1,377 | ||||
Ke Hua Heng Sheng Co. Ltd. Class A | 440,300 | 1,376 | ||||
Suzhou Anjie Technology Co. Ltd. Class A (XSHE) | 462,649 | 1,376 | ||||
Guangdong Marubi Biotechnology Co. Ltd. Class A | 148,329 | 1,375 | ||||
* | Yunnan Aluminium Co. Ltd. Class A (XSEC) | 1,669,852 | 1,374 | |||
Shanghai AtHub Co. Ltd. Class A (XSHG) | 131,900 | 1,374 | ||||
Jiangsu Financial Leasing Co. Ltd. Class A | 1,645,707 | 1,374 | ||||
* | Guocheng Mining Co. Ltd. Class A | 870,800 | 1,373 | |||
Zhejiang Daily Digital Culture Group Co. Ltd. Class A (XSHG) | 998,500 | 1,373 | ||||
Yealink Network Technology Corp. Ltd. Class A (XSEC) | 152,059 | 1,372 | ||||
Yantai Jereh Oilfield Services Group Co. Ltd. Class A (XSEC) | 342,082 | 1,372 | ||||
Yuan Longping High-tech Agriculture Co. Ltd. Class A (XSHE) | 547,439 | 1,372 | ||||
Chinese Universe Publishing & Media Group Co. Ltd. Class A (XSHG) | 788,436 | 1,364 | ||||
Inner Mongolia BaoTou Steel Union Co. Ltd. Class A (XSHG) | 7,999,740 | 1,363 | ||||
Tangshan Sanyou Chemical Industries Co. Ltd. Class A (XSSC) | 1,304,852 | 1,361 | ||||
Henan Mingtai Al Industrial Co. Ltd. Class A | 678,054 | 1,361 | ||||
Guangxi Guiguan Electric Power Co. Ltd. Class A (XSSC) | 2,050,466 | 1,360 | ||||
Lao Feng Xiang Co. Ltd. Class A | 197,800 | 1,360 | ||||
China Aerospace Times Electronics Co. Ltd. Class A (XSSC) | 1,373,400 | 1,359 | ||||
INESA Intelligent Tech Inc. Class A | 1,497,190 | 1,357 | ||||
Avic Heavy Machinery Co. Ltd. Class A (XSSC) | 630,375 | 1,355 | ||||
Shenzhen Desay Battery Technology Co. Class A (XSHE) | 184,400 | 1,352 | ||||
Guoyuan Securities Co. Ltd. Class A (XSEC) | 1,075,657 | 1,349 | ||||
* | Zhejiang Huayou Cobalt Co. Ltd. Class A (XSSC) | 226,170 | 1,348 | |||
All Winner Technology Co. Ltd. Class A | 269,700 | 1,348 | ||||
Cinda Real Estate Co. Ltd. Class A (XSSC) | 2,163,113 | 1,347 | ||||
Dare Power Dekor Home Co. Ltd. Class A | 562,739 | 1,347 | ||||
Hebei Huijin Electromechanical Co. Ltd. Class A | 485,900 | 1,347 | ||||
* | Yunnan Tin Co. Ltd. Class A (XSEC) | 1,002,399 | 1,345 | |||
Guosheng Financial Holding Inc. Class A (XSHE) | 1,012,873 | 1,343 | ||||
Huagong Tech Co. Ltd. Class A (XSEC) | 385,000 | 1,342 | ||||
CITIC Press Corp. Class A | 192,900 | 1,342 | ||||
Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd. Class A (XSSC) | 3,487,528 | 1,341 | ||||
Sonoscape Medical Corp. Class A | 346,467 | 1,337 |
Shares | Market Value ($000) | |||||
Qingdao Eastsoft Communication Technology Co. Ltd. Class A | 475,500 | 1,334 | ||||
* | Gansu Jiu Steel Group Hongxing Iron & Steel Co. Ltd. Class A (XSHG) | 5,871,000 | 1,334 | |||
Valiant Co. Ltd. Class A (XSHE) | 510,250 | 1,334 | ||||
* | Anhui Tatfook Technology Co. Ltd. Class A | 741,800 | 1,331 | |||
Shanghai Flyco Electrical Appliance Co. Ltd. Class A | 171,600 | 1,330 | ||||
Anhui Yingliu Electromechanical Co. Ltd. Class A (XSHG) | 337,400 | 1,329 | ||||
China Eastern Airlines Corp. Ltd. Class A (XSHG) | 1,928,700 | 1,325 | ||||
Fujian Star-net Communication Co. Ltd. Class A (XSHE) | 369,581 | 1,325 | ||||
Ningbo Tuopu Group Co. Ltd. Class A (XSHG) | 231,855 | 1,324 | ||||
Electric Connector Technology Co. Ltd. Class A | 238,670 | 1,323 | ||||
Guangzhou Hengyun Enterprises Holdings Ltd. Class A | 967,676 | 1,322 | ||||
Jiangsu Expressway Co. Ltd. Class A (XSSC) | 963,000 | 1,320 | ||||
* | Huazhu Group Ltd. (XHKG) | 31,187 | 1,320 | |||
Leo Group Co. Ltd. Class A (XSEC) | 2,776,300 | 1,317 | ||||
Guangzhou Tinci Materials Technology Co. Ltd. Class A (XSEC) | 141,300 | 1,316 | ||||
Inner Mongolia Xingye Mining Co. Ltd. Class A (XSHE) | 1,276,772 | 1,316 | ||||
Rongsheng Petro Chemical Co. Ltd. Class A (XSEC) | 460,936 | 1,315 | ||||
China Jushi Co. Ltd. Class A (XSHG) | 629,798 | 1,315 | ||||
Guizhou Panjiang Refined Coal Co. Ltd. Class A (XSHG) | 1,466,300 | 1,315 | ||||
* | Shang Gong Group Co. Ltd. Class B | 3,515,513 | 1,314 | |||
Qingdao Port International Co. Ltd. Class A | 1,543,300 | 1,314 | ||||
Jiangsu Suzhou Rural Commercial Bank Co. Ltd. Class A | 1,870,700 | 1,311 | ||||
Shijiazhuang Yiling Pharmaceutical Co. Ltd. Class A (XSHE) | 329,061 | 1,310 | ||||
Shanxi Coking Co. Ltd. Class A | 1,734,980 | 1,308 | ||||
Rizhao Port Co. Ltd. Class A | 3,208,600 | 1,305 | ||||
Jiangsu Hoperun Software Co. Ltd. Class A | 760,746 | 1,301 | ||||
Markor International Home Furnishings Co. Ltd. Class A | 1,715,635 | 1,298 | ||||
Tianjin Capital Environmental Protection Group Co. Ltd. Class H | 3,277,266 | 1,296 | ||||
Hengdian Entertainment Co. Ltd. Class A | 545,822 | 1,295 | ||||
BTG Hotels Group Co. Ltd. Class A (XSHG) | 499,726 | 1,295 | ||||
TDG Holdings Co. Ltd. Class A | 940,100 | 1,294 | ||||
Jihua Group Corp. Ltd. Class A | 2,677,800 | 1,294 | ||||
Foran Energy Group Co. Ltd. Class A | 549,100 | 1,293 | ||||
Greattown Holdings Ltd. Class A (XSHG) | 1,641,600 | 1,291 | ||||
Hubei Biocause Pharmaceutical Co. Ltd. Class A (XSHE) | 1,733,900 | 1,291 | ||||
Yintai Gold Co. Ltd. Class A (XSEC) | 857,780 | 1,289 | ||||
Sichuan Hebang Biotechnology Co. Ltd. Class A (XSSC) | 6,419,863 | 1,286 | ||||
Sailun Group Co. Ltd. Class A (XSHG) | 1,737,560 | 1,285 | ||||
Wuxi Boton Technology Co. Ltd. Class A | 399,404 | 1,285 | ||||
Wangsu Science & Technology Co. Ltd. Class A (XSEC) | 1,098,938 | 1,281 | ||||
Tianjin Guangyu Development Co. Ltd. Class A | 1,360,000 | 1,281 | ||||
Guangzhou Development Group Inc. Class A (XSHG) | 1,503,400 | 1,279 | ||||
Luxin Venture Capital Group Co. Ltd. Class A (XSHG) | 532,800 | 1,277 | ||||
Shanghai SMI Holding Co. Ltd. Class A (XSHG) | 1,545,945 | 1,277 | ||||
Zhejiang Hailiang Co. Ltd. Class A | 1,087,716 | 1,277 | ||||
Hebei Hengshui Laobaigan Liquor Co. Ltd. Class A | 670,300 | 1,275 | ||||
Shenzhen Laibao Hi-tech Co. Ltd. Class A | 702,487 | 1,273 | ||||
Beijing Tongtech Co. Ltd. Class A | 249,200 | 1,273 | ||||
People.cn Co. Ltd. Class A (XSHG) | 508,213 | 1,271 | ||||
CGN Power Co. Ltd. Class A | 3,113,500 | 1,271 | ||||
Insigma Technology Co. Ltd. Class A | 1,008,500 | 1,270 | ||||
Zhongyuan Environment-Protection Co. Ltd. Class A | 1,182,268 | 1,270 | ||||
Hangzhou Electronic Soul Network Technology Co. Ltd. Class A | 214,109 | 1,270 | ||||
Xiamen Meiya Pico Information Co. Ltd. Class A (XSEC) | 373,452 | 1,268 | ||||
Shenzhen Kaifa Technology Co. Ltd. Class A (XSEC) | 398,300 | 1,266 |
Shares | Market Value ($000) | |||||
Hunan Er-Kang Pharmaceutical Co. Ltd. Class A (XSEC) | 1,676,979 | 1,266 | ||||
Beijing Science Sun Pharmaceutical Co. Ltd. Class A | 453,922 | 1,266 | ||||
Bank of Suzhou Co. Ltd. Class A | 1,136,200 | 1,266 | ||||
Shanghai Jinjiang International Hotels Co. Ltd. Class A | 189,324 | 1,266 | ||||
Chow Tai Seng Jewellery Co. Ltd. Class A | 343,550 | 1,265 | ||||
Pacific Securities Co. Ltd. Class A (XSHG) | 2,246,635 | 1,265 | ||||
Xiamen ITG Group Corp. Ltd. Class A (XSSC) | 1,262,574 | 1,264 | ||||
Tasly Pharmaceutical Group Co. Ltd. Class A (XSHG) | 482,342 | 1,263 | ||||
Chinadive Watersports Inc. Class A | 144,317 | 1,262 | ||||
Sichuan Languang Development Co. Ltd. Class A (XSHG) | 1,707,860 | 1,261 | ||||
ChemPartner PharmaTech Co. Ltd. Class A | 422,377 | 1,260 | ||||
HLA Corp. Ltd. Class A (XSHG) | 1,249,331 | 1,260 | ||||
Fujian Funeng Co. Ltd. Class A (XSHG) | 1,105,261 | 1,260 | ||||
Guangshen Railway Co. Ltd. Class A (XSSC) | 3,727,334 | 1,259 | ||||
GCI Science & Technology Co. Ltd. Class A | 562,600 | 1,258 | ||||
1,2 | CSC Financial Co. Ltd. Class H | 1,037,500 | 1,258 | |||
Long Yuan Construction Group Co. Ltd. Class A (XSSC) | 1,061,024 | 1,256 | ||||
Zhejiang Semir Garment Co. Ltd. Class A (XSHE) | 1,005,620 | 1,255 | ||||
Client Service International Inc. Class A | 288,645 | 1,255 | ||||
* | Pengxin International Mining Co. Ltd. Class A | 2,456,000 | 1,254 | |||
Hangzhou Century Co. Ltd. Class A | 822,400 | 1,253 | ||||
Beijing VRV Software Corp. Ltd. Class A (XSHE) | 1,292,200 | 1,253 | ||||
Guangzhou Shangpin Home Collection Co. Ltd. Class A (XSHE) | 134,315 | 1,252 | ||||
Shenergy Co. Ltd. Class A (XSSC) | 1,600,491 | 1,248 | ||||
Changzhou Xingyu Automotive Lighting Systems Co. Ltd. Class A (XSSC) | 51,401 | 1,248 | ||||
Shanghai Bailian Group Co. Ltd. Class A (XSHG) | 582,700 | 1,247 | ||||
Guangzhou Restaurant Group Co. Ltd. Class A (XSHG) | 225,172 | 1,246 | ||||
Luthai Textile Co. Ltd. Class B | 2,415,793 | 1,244 | ||||
Shanxi Lu'an Environmental Energy Development Co. Ltd. Class A (XSSC) | 1,413,702 | 1,244 | ||||
Bethel Automotive Safety Systems Co. Ltd. Class A | 237,600 | 1,244 | ||||
* | Yunnan Lincang Xinyuan Germanium Industrial Co. Ltd. Class A | 626,595 | 1,240 | |||
Changsha Jingjia Microelectronics Co. Ltd. Class A (XSHE) | 136,638 | 1,240 | ||||
Yusys Technologies Co. Ltd. Class A | 228,300 | 1,238 | ||||
Bank of Xi'an Co. Ltd. Class A | 1,609,800 | 1,237 | ||||
Huabao Flavours & Fragrances Co. Ltd. Class A (XSHE) | 158,400 | 1,233 | ||||
Qingdao Rural Commercial Bank Corp. Class A (XSHE) | 1,751,800 | 1,232 | ||||
Hangjin Technology Co. Ltd. Class A (XSEC) | 424,000 | 1,231 | ||||
Shenzhen Kinwong Electronic Co. Ltd. Class A (XSHG) | 256,784 | 1,230 | ||||
Shanghai Sinyang Semiconductor Materials Co. Ltd. Class A (XSEC) | 171,800 | 1,229 | ||||
Gosuncn Technology Group Co. Ltd. Class A | 1,697,592 | 1,228 | ||||
* | Chongqing Taiji Industry Group Co. Ltd. Class A | 574,700 | 1,228 | |||
Beijing Sanju Environmental Protection & New Material Co. Ltd. Class A (XSEC) | 1,120,179 | 1,227 | ||||
YGSOFT Inc. Class A (XSHE) | 993,929 | 1,227 | ||||
IReader Technology Co. Ltd. Class A (XSHG) | 319,400 | 1,226 | ||||
* | Rising Nonferrous Metals Share Co. Ltd. Class A | 290,620 | 1,225 | |||
Hebei Yangyuan Zhihui Beverage Co. Ltd. Class A | 352,352 | 1,224 | ||||
* | Datang Telecom Technology Co. Ltd. Class A | 826,800 | 1,217 | |||
Shanghai Runda Medical Technology Co. Ltd. Class A | 580,320 | 1,217 | ||||
Shanghai Jinjiang International Industrial Investment Co. Ltd. Class B | 1,742,110 | 1,216 | ||||
Nantong Jianghai Capacitor Co. Ltd. Class A | 770,148 | 1,215 | ||||
Jiangxi Hongdu Aviation Industry Co. Ltd. Class A (XSSC) | 240,800 | 1,213 | ||||
WUS Printed Circuit Kunshan Co. Ltd. Class A (XSEC) | 438,900 | 1,211 | ||||
Hang Zhou Great Star Industrial Co. Ltd. Class A (XSEC) | 310,000 | 1,208 | ||||
Hongfa Technology Co. Ltd. Class A (XSSC) | 156,950 | 1,208 |
Shares | Market Value ($000) | |||||
Yunnan Chihong Zinc&Germanium Co. Ltd. Class A (XSSC) | 2,126,424 | 1,206 | ||||
Industrial & Commercial Bank of China Ltd. Class A (XSHG) | 1,640,100 | 1,205 | ||||
Three Squirrels Inc. Class A | 149,540 | 1,205 | ||||
* | Baoding Tianwei Baobian Electric Co. Ltd. Class A | 1,751,501 | 1,201 | |||
Guorui Properties Ltd. | 10,920,228 | 1,200 | ||||
Financial Street Holdings Co. Ltd. Class A (XSEC) | 1,203,460 | 1,200 | ||||
* | Vcanbio Cell & Gene Engineering Corp. Ltd. Class A | 341,400 | 1,200 | |||
MLS Co. Ltd. Class A (XSEC) | 658,500 | 1,197 | ||||
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd. Class A (XSHG) | 262,000 | 1,197 | ||||
Xiamen Comfort Science & Technology Group Co. Ltd. Class A | 564,300 | 1,196 | ||||
Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. Class A (XSEC) | 1,967,400 | 1,195 | ||||
Yanzhou Coal Mining Co. Ltd. Class A (XSSC) | 885,600 | 1,195 | ||||
3 | Sinoma International Engineering Co. Class A (XSSC) | 1,078,722 | 1,193 | |||
Shandong Lukang Pharma Class A | 867,190 | 1,192 | ||||
Tongyu Heavy Industry Co. Ltd. Class A | 1,830,957 | 1,191 | ||||
China National Medicines Corp. Ltd. Class A (XSHG) | 185,586 | 1,190 | ||||
Xiamen Meiya Pico Information Co. Ltd. Class A (XSHE) | 350,605 | 1,190 | ||||
Westone Information Industry Inc. Class A (XSHE) | 429,179 | 1,186 | ||||
Estun Automation Co. Ltd. Class A (XSEC) | 356,900 | 1,184 | ||||
Grandblue Environment Co. Ltd. Class A (XSHG) | 316,000 | 1,182 | ||||
* | Shenzhen Neptunus Bioengineering Co. Ltd. Class A | 1,950,950 | 1,178 | |||
North Industries Group Red Arrow Co. Ltd. Class A | 796,743 | 1,178 | ||||
Beijing Compass Technology Development Co. Ltd. Class A | 196,800 | 1,177 | ||||
Jiangsu Linyang Energy Co. Ltd. Class A (XSSC) | 998,525 | 1,175 | ||||
Bank of Qingdao Co. Ltd. Class A (XSHE) | 1,551,800 | 1,175 | ||||
China World Trade Center Co. Ltd. Class A (XSSC) | 635,535 | 1,170 | ||||
Shenzhen Infogem Technologies Co. Ltd. Class A (XSEC) | 345,900 | 1,168 | ||||
Fujian Longking Co. Ltd. Class A (XSSC) | 773,680 | 1,168 | ||||
Shenzhen Fuanna Bedding & Furnishing Co. Ltd. Class A | 963,440 | 1,168 | ||||
Shandong Hi-speed Co. Ltd. Class A (XSSC) | 1,290,554 | 1,165 | ||||
263 Network Communications Co. Ltd. Class A (XSHE) | 1,156,660 | 1,165 | ||||
Tian Di Science & Technology Co. Ltd. Class A (XSSC) | 2,566,939 | 1,164 | ||||
Beijing Sanju Environmental Protection & New Material Co. Ltd. Class A (XSHE) | 1,062,828 | 1,164 | ||||
Shenzhen SDG Information Co. Ltd. Class A | 784,994 | 1,163 | ||||
Xinyu Iron & Steel Co. Ltd. Class A | 1,870,600 | 1,162 | ||||
Shanghai Hanbell Precise Machinery Co. Ltd. Class A | 560,880 | 1,162 | ||||
Tonghua Dongbao Pharmaceutical Co. Ltd. Class A (XSHG) | 541,421 | 1,161 | ||||
Shanghai AJ Group Co. Ltd. Class A | 966,398 | 1,159 | ||||
Beijing Wanji Technology Co. Ltd. Class A | 201,160 | 1,158 | ||||
Hesteel Co. Ltd. Class A (XSHE) | 3,757,200 | 1,157 | ||||
China Resources Double Crane Pharmaceutical Co. Ltd. Class A (XSHG) | 613,542 | 1,156 | ||||
Zhejiang Longsheng Group Co. Ltd. Class A (XSHG) | 581,200 | 1,156 | ||||
Wanxiang Qianchao Co. Ltd. Class A (XSHE) | 1,320,379 | 1,156 | ||||
Anhui Korrun Co. Ltd. Class A | 251,860 | 1,156 | ||||
Besttone Holdings Co. Ltd. Class A | 559,900 | 1,154 | ||||
* | Jilin Electric Power Co. Ltd. Class A | 1,991,680 | 1,154 | |||
Yifan Pharmaceutical Co. Ltd. Class A (XSEC) | 339,300 | 1,152 | ||||
Ningbo Sanxing Medical Electric Co. Ltd. Class A (XSSC) | 1,089,936 | 1,148 | ||||
* | China Reform Health Management & Services Group Co. Ltd. Class A (XSHE) | 748,392 | 1,147 | |||
Shanghai Belling Co. Ltd. Class A (XSSC) | 494,044 | 1,145 | ||||
Shandong Humon Smelting Co. Ltd. Class A (XSHE) | 550,100 | 1,145 | ||||
Porton Pharma Solutions Ltd. Class A (XSHE) | 200,500 | 1,145 |
Shares | Market Value ($000) | |||||
Spring Airlines Co. Ltd. Class A (XSHG) | 179,600 | 1,145 | ||||
Guangzhou Guangri Stock Co. Ltd. Class A | 961,200 | 1,144 | ||||
Hubei Energy Group Co. Ltd. Class A (XSEC) | 1,930,290 | 1,143 | ||||
ENN Ecological Holdings Co. Ltd. Class A (XSHG) | 594,569 | 1,142 | ||||
Youzu Interactive Co. Ltd. Class A | 485,916 | 1,142 | ||||
Zhejiang Conba Pharmaceutical Co. Ltd. Class A (XSSC) | 1,520,861 | 1,141 | ||||
Beijing Teamsun Technology Co. Ltd. Class A (XSSC) | 788,986 | 1,141 | ||||
Better Life Commercial Chain Share Co. Ltd. Class A (XSHE) | 672,220 | 1,135 | ||||
Holitech Technology Co. Ltd. Class A (XSHE) | 1,706,396 | 1,132 | ||||
LianChuang Electronic Technology Co. Ltd. Class A (XSHE) | 747,661 | 1,128 | ||||
Betta Pharmaceuticals Co. Ltd. Class A (XSEC) | 70,200 | 1,127 | ||||
Hebei Chengde Lolo Co. Class A | 1,096,852 | 1,126 | ||||
Dongxing Securities Co. Ltd. Class A (XSSC) | 615,613 | 1,125 | ||||
BTG Hotels Group Co. Ltd. Class A (XSSC) | 433,200 | 1,122 | ||||
Shenzhen Huaqiang Industry Co. Ltd. Class A | 540,270 | 1,120 | ||||
Kunwu Jiuding Investment Holdings Co. Ltd. Class A (XSHG) | 319,099 | 1,118 | ||||
*,3 | Mingfa Group International Co. Ltd. | 4,576,880 | 1,116 | |||
360 Security Technology Inc. Class A (XSSC) | 470,795 | 1,114 | ||||
JiuGui Liquor Co. Ltd. Class A (XSEC) | 74,400 | 1,114 | ||||
Shenzhen Agricultural Products Group Co. Ltd. Class A (XSHE) | 1,056,629 | 1,114 | ||||
Xiamen Intretech Inc. Class A | 126,700 | 1,114 | ||||
Hangxiao Steel Structure Co. Ltd. Class A (XSHG) | 1,786,435 | 1,113 | ||||
DHC Software Co. Ltd. Class A (XSEC) | 813,800 | 1,112 | ||||
Chengdu Hongqi Chain Co. Ltd. Class A | 958,000 | 1,112 | ||||
Shandong Yisheng Livestock & Poultry Breeding Co. Ltd. Class A (XSHE) | 684,944 | 1,110 | ||||
* | Kama Co. Ltd. Class B | 2,899,088 | 1,109 | |||
Bestway Marine & Energy Technology Co. Ltd. Class A | 913,650 | 1,108 | ||||
Hunan Aihua Group Co. Ltd. Class A (XSHG) | 293,306 | 1,107 | ||||
Beijing Tongrentang Co. Ltd. Class A (XSHG) | 274,800 | 1,106 | ||||
Tianjin Port Development Holdings Ltd. | 16,453,162 | 1,105 | ||||
ADAMA Ltd. Class A | 915,100 | 1,103 | ||||
Shenzhen Infogem Technologies Co. Ltd. Class A (XSHE) | 326,680 | 1,103 | ||||
CITIC Heavy Industries Co. Ltd. Class A (XSHG) | 2,056,652 | 1,102 | ||||
CMST Development Co. Ltd. Class A (XSSC) | 1,645,731 | 1,098 | ||||
* | Shanxi Zhangze Electric Power Co. Ltd. Class A | 3,049,346 | 1,098 | |||
Beken Corp. Class A | 122,587 | 1,098 | ||||
Zhonghang Electronic Measuring Instruments Co. Ltd. Class A | 448,200 | 1,097 | ||||
CQ Pharmaceutical Holding Co. Ltd. Class A (XSHE) | 1,366,500 | 1,095 | ||||
* | State Grid Yingda Co. Ltd. Class A (XSSC) | 1,131,046 | 1,095 | |||
* | Beijing Shougang Co. Ltd. Class A (XSHE) | 1,993,600 | 1,094 | |||
GEM Co. Ltd. Class A (XSEC) | 1,518,586 | 1,093 | ||||
Sinoma Science & Technology Co. Ltd. Class A (XSEC) | 380,500 | 1,093 | ||||
FAW Jiefang Group Co. Ltd. | 589,943 | 1,093 | ||||
Beijing Capital Retailing Group Co. Ltd. Class A | 642,350 | 1,093 | ||||
Guangdong Shaoneng Group Co. Ltd. Class A | 1,112,040 | 1,093 | ||||
Yonggao Co. Ltd. Class A | 1,005,259 | 1,093 | ||||
* | Sinopec Oilfield Service Corp. Class H | 17,594,608 | 1,092 | |||
Shenzhen Woer Heat-Shrinkable Material Co. Ltd. Class A | 1,390,724 | 1,092 | ||||
Shenzhen Das Intellitech Co. Ltd. Class A (XSHE) | 1,832,196 | 1,092 | ||||
Zhongjin Gold Corp. Ltd. Class A (XSHG) | 781,160 | 1,091 | ||||
Wuhan Fingu Electronic Technology Co. Ltd. Class A | 472,063 | 1,089 | ||||
Grinm Advanced Materials Co. Ltd. Class A (XSSC) | 528,800 | 1,088 | ||||
Shanghai Mechanical & Electrical Industry Co. Ltd. Class A (XSHG) | 385,100 | 1,087 | ||||
Kailuan Energy Chemical Co. Ltd. Class A (XSHG) | 1,477,669 | 1,083 | ||||
* | Fangda Special Steel Technology Co. Ltd. Class A (XSSC) | 1,181,177 | 1,080 |
Shares | Market Value ($000) | |||||
Zhejiang Firstar Panel Technology Co. Ltd. Class A | 946,000 | 1,080 | ||||
Laobaixing Pharmacy Chain JSC Class A (XSHG) | 100,970 | 1,080 | ||||
Glarun Technology Co. Ltd. Class A (XSSC) | 392,641 | 1,078 | ||||
Hangzhou Shunwang Technology Co. Ltd. Class A (XSEC) | 435,135 | 1,077 | ||||
Gansu Qilianshan Cement Group Co. Ltd. Class A (XSSC) | 497,350 | 1,077 | ||||
Huaihe Energy Group Co. Ltd. Class A | 3,346,600 | 1,076 | ||||
Jiangsu Shuangxing Color Plastic New Materials Co. Ltd. Class A | 773,385 | 1,076 | ||||
Suzhou Good-Ark Electronics Co. Ltd. Class A | 719,200 | 1,075 | ||||
Jin Tong Ling Technology Group Co. Ltd. Class A | 1,321,100 | 1,075 | ||||
Shenzhen YUTO Packaging Technology Co. Ltd. Class A (XSHE) | 242,539 | 1,074 | ||||
Ningbo Boway Alloy Material Co. Ltd. Class A | 623,270 | 1,073 | ||||
Grand Baoxin Auto Group Ltd. | 8,623,691 | 1,072 | ||||
* | JinJian Cereals Industry Co. Ltd. Class A | 650,200 | 1,072 | |||
Shenzhen Properties & Resources Development Group Ltd. Class A | 511,552 | 1,072 | ||||
* | Chongqing Iron & Steel Co. Ltd. Class A (XSHG) | 5,006,188 | 1,070 | |||
Jolywood Suzhou Sunwatt Co. Ltd. Class A | 676,793 | 1,070 | ||||
CGN Nuclear Technology Development Co. Ltd. Class A (XSHE) | 809,829 | 1,068 | ||||
Wuchan Zhongda Group Co. Ltd. Class A | 1,612,815 | 1,067 | ||||
Tianjin Teda Co. Ltd. Class A | 1,439,243 | 1,066 | ||||
Jack Sewing Machine Co. Ltd. Class A | 251,575 | 1,066 | ||||
Anhui Zhongding Sealing Parts Co. Ltd. Class A (XSHE) | 644,765 | 1,065 | ||||
Beijing Shiji Information Technology Co. Ltd. Class A (XSEC) | 192,312 | 1,063 | ||||
China Spacesat Co. Ltd. Class A (XSHG) | 226,387 | 1,063 | ||||
China Shenhua Energy Co. Ltd. Class A (XSHG) | 427,130 | 1,063 | ||||
Estun Automation Co. Ltd. Class A (XSHE) | 320,100 | 1,062 | ||||
Kingsignal Technology Co. Ltd. Class A | 620,360 | 1,059 | ||||
Guangzhou Automobile Group Co. Ltd. Class A (XSSC) | 526,730 | 1,058 | ||||
* | Jiangsu Guoxin Corp. Ltd. Class A | 1,130,100 | 1,058 | |||
First Capital Securities Co. Ltd. Class A (XSHE) | 711,520 | 1,058 | ||||
Jiangxi Lianchuang Optoelectronic Science & Technology Co. Ltd. Class A (XSSC) | 287,176 | 1,056 | ||||
Henan City Development Environment Co. Ltd. | 654,680 | 1,056 | ||||
Shanghai Shimao Co. Ltd. Class A (XSHG) | 1,219,830 | 1,056 | ||||
DeHua TB New Decoration Materials Co. Ltd. Class A | 760,550 | 1,055 | ||||
Zhejiang Fuchunjiang Environmental Thermoelectric Co. Ltd. Class A | 1,020,200 | 1,055 | ||||
Guangdong Vanward New Electric Co. Ltd. Class A | 841,940 | 1,054 | ||||
Shanghai Kehua Bio-Engineering Co. Ltd. Class A (XSHE) | 352,700 | 1,053 | ||||
Sichuan Yahua Industrial Group Co. Ltd. Class A (XSHE) | 545,100 | 1,053 | ||||
Avic Aviation High-Technology Co. Ltd. Class A (XSSC) | 300,067 | 1,053 | ||||
Anhui Sun-Create Electronics Co. Ltd. Class A | 180,400 | 1,048 | ||||
Beijing Cisri-Gaona Materials & Technology Co. Ltd. Class A (XSHE) | 331,600 | 1,048 | ||||
China Merchants Port Group Co. Ltd. Class A | 466,300 | 1,047 | ||||
Medicalsystem Biotechnology Co. Ltd. Class A | 346,583 | 1,042 | ||||
Baiyin Nonferrous Group Co. Ltd. Class A | 2,667,900 | 1,040 | ||||
Beijing Watertek Information Technology Co. Ltd. Class A | 1,167,800 | 1,039 | ||||
Wuhan Jingce Electronic Group Co. Ltd. Class A (XSEC) | 139,676 | 1,038 | ||||
Shenzhen Centralcon Investment Holding Co. Ltd. Class A | 753,044 | 1,038 | ||||
Zhejiang Jingxin Pharmaceutical Co. Ltd. Class A (XSHE) | 582,116 | 1,038 | ||||
Guosheng Financial Holding Inc. Class A (XSEC) | 782,219 | 1,037 | ||||
Shenghe Resources Holding Co. Ltd. Class A (XSHG) | 1,051,830 | 1,036 | ||||
Changsha Jingjia Microelectronics Co. Ltd. Class A (XSEC) | 114,100 | 1,035 | ||||
* | Yunnan Yuntianhua Co. Ltd. Class A | 1,373,000 | 1,034 | |||
Shanghai Qiangsheng Holding Co. Ltd. Class A (XSHG) | 830,600 | 1,034 |
Shares | Market Value ($000) | |||||
Shenzhen Gas Corp. Ltd. Class A (XSHG) | 939,116 | 1,034 | ||||
JSTI Group Class A | 950,557 | 1,033 | ||||
Sino-Platinum Metals Co. Ltd. Class A (XSSC) | 322,583 | 1,033 | ||||
Zhejiang Huafeng Spandex Co. Ltd. Class A (XSEC) | 859,600 | 1,032 | ||||
Suzhou Electrical Apparatus Science Academy Co. Ltd. Class A | 884,800 | 1,030 | ||||
Anhui Jianghuai Automobile Group Corp. Ltd. Class A (XSSC) | 810,628 | 1,029 | ||||
Vatti Corp. Ltd. Class A (XSHE) | 768,748 | 1,029 | ||||
Guizhou Tyre Co. Ltd. Class A | 1,044,976 | 1,028 | ||||
Shanghai Bailian Group Co. Ltd. Class A (XSSC) | 479,788 | 1,027 | ||||
* | Hubei Kaile Science & Technology Co. Ltd. Class A (XSSC) | 553,292 | 1,025 | |||
China National Software & Service Co. Ltd. Class A (XSHG) | 97,500 | 1,025 | ||||
Guangxi Liuzhou Pharmaceutical Co. Ltd. Class A (XSHG) | 292,566 | 1,025 | ||||
Ningbo Peacebird Fashion Co. Ltd. Class A (XSHG) | 175,698 | 1,025 | ||||
Tibet Tianlu Co. Ltd. Class A | 927,949 | 1,023 | ||||
Jinneng Science&Technology Co. Ltd. Class A (XSHG) | 553,455 | 1,023 | ||||
Beijing Urban-Rural Commercial Group Co. Ltd. Class A | 300,848 | 1,022 | ||||
Hunan TV & Broadcast Intermediary Co. Ltd. Class A | 1,329,500 | 1,022 | ||||
Xinhuanet Co. Ltd. Class A (XSHG) | 379,200 | 1,022 | ||||
Beijing Aerospace Changfeng Co. Ltd. Class A | 431,387 | 1,021 | ||||
Anhui Huilong Agricultural Means of Production Co. Ltd. Class A | 830,450 | 1,021 | ||||
Hwa Create Co. Ltd. Class A | 583,500 | 1,021 | ||||
Shijiazhuang Changshan BeiMing Technology Co. Ltd. Class A (XSHE) | 999,275 | 1,020 | ||||
* | Nuode Investment Co. Ltd. Class A | 1,068,600 | 1,018 | |||
Henan Shenhuo Coal & Power Co. Ltd. Class A (XSHE) | 1,335,500 | 1,018 | ||||
Jinzhou Port Co. Ltd. Class B | 4,208,564 | 1,017 | ||||
China Shipbuilding Industry Group Power Co. Ltd. Class A (XSHG) | 391,700 | 1,017 | ||||
Jiaozuo Wanfang Aluminum Manufacturing Co. Ltd. Class A | 1,120,686 | 1,016 | ||||
* | Montnets Rongxin Technology Group Co. Ltd. Class A (XSHE) | 437,000 | 1,015 | |||
Longhua Technology Group Luoyang Co. Ltd. Class A | 864,300 | 1,015 | ||||
China XD Electric Co. Ltd. Class A (XSHG) | 1,531,400 | 1,013 | ||||
Neusoft Corp. Class A (XSSC) | 593,614 | 1,013 | ||||
AUCMA Co. Ltd. Class A | 881,301 | 1,012 | ||||
Tianjin ZhongXin Pharmaceutical Group Corp. Ltd. Class A (XSSC) | 422,329 | 1,011 | ||||
China Harzone Industry Corp. Ltd. Class A (XSEC) | 593,522 | 1,011 | ||||
Shandong New Beiyang Information Technology Co. Ltd. Class A | 721,300 | 1,009 | ||||
Yangtze Optical Fibre & Cable Joint Stock Ltd. Co. Class A | 231,660 | 1,008 | ||||
Changjiang & Jinggong Steel Building Group Co. Ltd. Class A (XSSC) | 1,281,797 | 1,007 | ||||
Wuxi Huaguang Environment & Energy Group Co. Ltd. Class A | 549,900 | 1,005 | ||||
Suning Universal Co. Ltd. Class A (XSHE) | 2,183,210 | 1,000 | ||||
HyUnion Holding Co. Ltd. Class A (XSHE) | 1,013,582 | 1,000 | ||||
Yunnan Energy Investment Co. Ltd. Class A | 868,455 | 999 | ||||
Anhui Construction Engineering Group Co. Ltd. Class A | 1,699,609 | 997 | ||||
Haoxiangni Health Food Co. Ltd. Class A | 506,788 | 997 | ||||
Huaan Securities Co. Ltd. Class A (XSSC) | 835,400 | 996 | ||||
Shenzhen Kstar Science & Technology Co. Ltd. Class A | 497,504 | 996 | ||||
Anhui Sinonet & Xonglong Science & Technology Co. Ltd. Class A | 671,702 | 996 | ||||
Xi'An Shaangu Power Co. Ltd. Class A (XSSC) | 1,038,126 | 996 | ||||
Founder Technology Group Corp. Class A (XSSC) | 1,611,672 | 995 | ||||
Nanfang Zhongjin Environment Co. Ltd. Class A | 1,775,883 | 994 |
Shares | Market Value ($000) | |||||
Konfoong Materials International Co. Ltd. Class A (XSHE) | 111,476 | 994 | ||||
Zhejiang Medicine Co. Ltd. Class A (XSHG) | 463,550 | 990 | ||||
Nanjing Pharmaceutical Co. Ltd. Class A | 1,494,262 | 990 | ||||
Shanghai Highly Group Co. Ltd. Class B | 1,838,522 | 989 | ||||
Red Avenue New Materials Group Co. Ltd. Class A (XSSC) | 170,500 | 988 | ||||
Sinolink Securities Co. Ltd. Class A (XSHG) | 441,000 | 988 | ||||
Shenzhen Deren Electronic Co. Ltd. Class A | 457,051 | 988 | ||||
Nanjing Yunhai Special Metals Co. Ltd. Class A | 676,934 | 988 | ||||
Fujian Longma Environmental Sanitation Equipment Co. Ltd. Class A (XSHG) | 321,020 | 988 | ||||
Shanghai Construction Group Co. Ltd. Class A (XSHG) | 2,169,991 | 987 | ||||
CITIC Guoan Information Industry Co. Ltd. Class A (XSHE) | 2,563,300 | 986 | ||||
Neusoft Corp. Class A (XSHG) | 577,700 | 986 | ||||
Digiwin Software Co. Ltd. Class A | 247,194 | 985 | ||||
Duolun Technology Corp. Ltd. Class A | 587,777 | 985 | ||||
* | Shanghai Greencourt Investment Group Co. Ltd. Class B | 3,716,277 | 984 | |||
Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd. Class A (XSHG) | 2,555,201 | 983 | ||||
Jiangsu Guotai International Group Co. Ltd. Class A (XSEC) | 1,057,871 | 981 | ||||
Anhui Jianghuai Automobile Group Corp. Ltd. Class A (XSHG) | 773,001 | 981 | ||||
Guangzhou Port Co. Ltd. Class A | 2,060,800 | 980 | ||||
Guangzhou Kingmed Diagnostics Group Co. Ltd. Class A (XSSC) | 62,100 | 979 | ||||
Avic Capital Co. Ltd. Class A (XSHG) | 1,493,800 | 978 | ||||
Beyondsoft Corp. Class A | 638,200 | 976 | ||||
Jiangsu Etern Co. Ltd. Class A (XSHG) | 1,035,970 | 975 | ||||
Jiangsu Broadcasting Cable Information Network Corp. Ltd. Class A (XSSC) | 1,849,689 | 974 | ||||
Shenzhen FRD Science & Technology Co. Ltd. | 295,862 | 972 | ||||
Shandong Buchang Pharmaceuticals Co. Ltd. Class A | 268,122 | 972 | ||||
* | Shanghai Phoenix Enterprise Group Co. Ltd. Class B | 2,337,632 | 971 | |||
Sumavision Technologies Co. Ltd. Class A (XSHE) | 1,200,500 | 971 | ||||
Qingdao Hanhe Cable Co. Ltd. Class A | 1,571,104 | 970 | ||||
COSCO SHIPPING Energy Transportation Co. Ltd. Class A (XSSC) | 985,500 | 969 | ||||
DBG Technology Co. Ltd. Class A | 456,680 | 969 | ||||
Xiamen C & D Inc. Class A (XSSC) | 772,400 | 967 | ||||
Tianjin Capital Environmental Protection Group Co. Ltd. Class A (XSSC) | 961,561 | 967 | ||||
Huafon Microfibre Shanghai Technology Co. Ltd. Class A (XSHE) | 926,931 | 967 | ||||
* | Hanwang Technology Co. Ltd. Class A | 231,900 | 967 | |||
5I5J Holding Group Co. Ltd. Class A | 1,773,003 | 965 | ||||
North Navigation Control Technology Co. Ltd. Class A (XSHG) | 780,400 | 965 | ||||
Huangshan Novel Co. Ltd. Class A | 641,416 | 963 | ||||
Gansu Shangfeng Cement Co. Ltd. Class A | 293,000 | 963 | ||||
Shenzhen Jinjia Group Co. Ltd. Class A (XSEC) | 716,236 | 961 | ||||
Hybio Pharmaceutical Co. Ltd. Class A (XSEC) | 815,691 | 961 | ||||
* | Inner Mongolia Yuan Xing Energy Co. Ltd. Class A (XSHE) | 3,088,732 | 961 | |||
Jiangxi Ganneng Co. Ltd. Class A | 1,296,542 | 960 | ||||
Shenzhen Anche Technologies Co. Ltd. Class A (XSHE) | 150,000 | 959 | ||||
Hubei Jiuzhiyang Infrared System Co. Ltd. Class A | 151,237 | 959 | ||||
Easysight Supply Chain Management Co. Ltd. Class A (XSHG) | 674,835 | 958 | ||||
Jilin Sino-Microelectronics Co. Ltd. Class A | 875,810 | 958 | ||||
COSCO SHIPPING Specialized Carriers Co. Ltd. Class A (XSHG) | 1,991,001 | 958 | ||||
Cangzhou Mingzhu Plastic Co. Ltd. Class A | 1,329,097 | 958 |
Shares | Market Value ($000) | |||||
Tongkun Group Co. Ltd. Class A (XSHG) | 422,700 | 958 | ||||
* | Wuhan P&S Information Technology Co. Ltd. Class A (XSHE) | 1,031,500 | 958 | |||
MLS Co. Ltd. Class A (XSHE) | 527,400 | 958 | ||||
Biem.L.Fdlkk Garment Co. Ltd. Class A | 370,430 | 957 | ||||
Shenzhen Microgate Technology Co. Ltd. Class A | 683,000 | 956 | ||||
Fujian Aonong Biological Technology Group Inc. Ltd. Class A (XSHG) | 471,250 | 956 | ||||
China Aluminum International Engineering Corp. Ltd. Class A | 1,830,300 | 956 | ||||
Shandong Hi-speed Co. Ltd. Class A (XSHG) | 1,057,400 | 955 | ||||
CNNC Hua Yuan Titanium Dioxide Co. Ltd. Class A (XSHE) | 1,148,100 | 955 | ||||
Huizhou Speed Wireless Technology Co. Ltd. Class A | 443,300 | 955 | ||||
* | Guangdong Huatie Tongda High-speed Railway Equipment Corp. Class A (XSHE) | 1,116,230 | 954 | |||
Zhuhai Orbita Aerospace Science & Technology Co. Ltd. Class A | 620,408 | 953 | ||||
Jinyu Bio-Technology Co. Ltd. Class A (XSHG) | 268,996 | 953 | ||||
Jiangsu Kanion Pharmaceutical Co. Ltd. Class A (XSHG) | 505,566 | 953 | ||||
Changjiang Publishing & Media Co. Ltd. Class A | 1,186,365 | 953 | ||||
Camel Group Co. Ltd. Class A (XSSC) | 770,071 | 952 | ||||
Sino Wealth Electronic Ltd. Class A (XSHE) | 186,164 | 952 | ||||
Ningbo Shuanglin Auto Parts Co. Ltd. Class A | 406,900 | 950 | ||||
Aerospace CH UAV Co. Ltd. (XSEC) | 267,900 | 949 | ||||
Hubei Xingfa Chemicals Group Co. Ltd. Class A (XSSC) | 564,050 | 949 | ||||
Sichuan Shuangma Cement Co. Ltd. Class A (XSHE) | 484,900 | 949 | ||||
Hengtong Optic-electric Co. Ltd. Class A (XSHG) | 433,160 | 949 | ||||
Shanghai Kaibao Pharmaceutical Co. Ltd. Class A | 1,150,408 | 949 | ||||
Chengdu CORPRO Technology Co. Ltd. Class A (XSEC) | 390,400 | 948 | ||||
Hangzhou Silan Microelectronics Co. Ltd. Class A (XSHG) | 419,500 | 948 | ||||
Xinjiang Goldwind Science & Technology Co. Ltd. Class A (XSEC) | 546,705 | 947 | ||||
Jiangsu Aucksun Co. Ltd. Class A | 956,450 | 947 | ||||
Beijing Lier High-temperature Materials Co. Ltd. Class A | 1,242,571 | 946 | ||||
Jiangsu Asia-Pacific Light Alloy Technology Co. Ltd. Class A | 1,305,666 | 946 | ||||
Xinjiang Machinery Research Institute Co. Ltd. Class A | 1,411,536 | 945 | ||||
Guangdong Goworld Co. Ltd. Class A | 521,444 | 943 | ||||
Changchun Faway Automobile Components Co. Ltd. Class A | 534,768 | 942 | ||||
Shandong Shanda WIT Science & Tech Co. Ltd. Class A | 227,050 | 939 | ||||
Shanxi Lu'an Environmental Energy Development Co. Ltd. Class A (XSHG) | 1,066,800 | 939 | ||||
Shandong Chenming Paper Holdings Ltd. Class A (XSHE) | 1,192,350 | 938 | ||||
Chongqing Sokon Industry Group Co. Ltd. Class A | 716,728 | 938 | ||||
Shenzhen Heungkong Holding Co. Ltd. Class A (XSSC) | 3,067,468 | 937 | ||||
Beijing Zhong Ke San Huan High-Tech Co. Ltd. Class A (XSHE) | 689,408 | 937 | ||||
Southwest Securities Co. Ltd. Class A (XSHG) | 1,241,806 | 937 | ||||
Oriental Pearl Group Co. Ltd. Class A (XSHG) | 681,996 | 937 | ||||
Xuji Electric Co. Ltd. Class A (XSHE) | 443,400 | 936 | ||||
Shanghai Baosteel Packaging Co. Ltd. Class A | 894,100 | 936 | ||||
Zhejiang Wanma Co. Ltd. Class A (XSHE) | 793,972 | 935 | ||||
Westone Information Industry Inc. Class A (XSEC) | 337,394 | 932 | ||||
Tus Environmental Science & Technology Development Co. Ltd. Class A | 845,482 | 927 | ||||
Beijing Orient National Communication Science & Technology Co. Ltd. Class A (XSHE) | 511,595 | 927 | ||||
Enjoyor Co. Ltd. Class A (XSEC) | 602,900 | 926 | ||||
Zhejiang Garden Bio-Chemical High-tech Co. Ltd. Class A (XSHE) | 440,350 | 926 | ||||
* | Hunan Corun New Energy Co. Ltd. Class A | 1,484,230 | 925 |
Shares | Market Value ($000) | |||||
Weihai Guangtai Airport Equipment Co. Ltd. Class A | 377,102 | 925 | ||||
Puyang Refractories Group Co. Ltd. Class A | 1,231,481 | 925 | ||||
Wanxiang Qianchao Co. Ltd. Class A (XSEC) | 1,051,700 | 921 | ||||
* | Beijing UniStrong Science & Technology Co. Ltd. Class A | 758,400 | 921 | |||
Jiangsu Yunyi Electric Co. Ltd. Class A | 878,840 | 921 | ||||
Canny Elevator Co. Ltd. Class A (XSHE) | 578,496 | 919 | ||||
Black Peony Group Co. Ltd. Class A (XSSC) | 806,287 | 918 | ||||
Huadong Medicine Co. Ltd. Class A (XSEC) | 219,700 | 917 | ||||
Guanghui Energy Co. Ltd. Class A (XSHG) | 2,129,303 | 917 | ||||
Xishui Strong Year Co. Ltd. Inner Mongolia Class A | 1,097,404 | 917 | ||||
Global Infotech Co. Ltd. Class A | 388,600 | 917 | ||||
HeiLongJiang ZBD Pharmaceutical Co. Ltd. Class A | 505,500 | 916 | ||||
Chengdu Wintrue Holding Co. Ltd. Class A | 868,170 | 915 | ||||
China Aerospace Times Electronics Co. Ltd. Class A (XSHG) | 924,160 | 914 | ||||
Truking Technology Ltd. Class A | 435,300 | 914 | ||||
China Film Co. Ltd. Class A (XSSC) | 482,400 | 913 | ||||
Kuang-Chi Technologies Co. Ltd. Class A (XSEC) | 306,600 | 910 | ||||
NavInfo Co. Ltd. Class A (XSEC) | 427,887 | 910 | ||||
Fuan Pharmaceutical Group Co. Ltd. Class A (XSHE) | 990,200 | 910 | ||||
Tianma Microelectronics Co. Ltd. Class A (XSEC) | 425,500 | 909 | ||||
Shanghai Dazhong Public Utilities Group Co. Ltd. Class A | 1,437,500 | 908 | ||||
Jiangsu Rainbow Heavy Industries Co. Ltd. Class A | 933,236 | 907 | ||||
Fujian Apex Software Co. Ltd. Class A | 161,900 | 907 | ||||
Wuhan Raycus Fiber Laser Technologies Co. Ltd. Class A (XSEC) | 80,964 | 906 | ||||
Renhe Pharmacy Co. Ltd. Class A (XSHE) | 941,747 | 906 | ||||
Hiconics Eco-energy Technology Co. Ltd. Class A | 1,066,400 | 905 | ||||
Bright Dairy & Food Co. Ltd. Class A (XSHG) | 389,800 | 903 | ||||
Yueyang Forest & Paper Co. Ltd. Class A (XSHG) | 1,497,780 | 903 | ||||
Sichuan Jiuyuan Yinhai Software Co. Ltd. Class A | 285,740 | 903 | ||||
Chongqing Zongshen Power Machinery Co. Ltd. Class A (XSHE) | 760,800 | 902 | ||||
Shanghai Fudan Forward S & T Co. Ltd. Class A (XSHG) | 663,450 | 901 | ||||
Sinosoft Co. Ltd. Class A | 153,100 | 901 | ||||
RiseSun Real Estate Development Co. Ltd. Class A (XSEC) | 855,744 | 900 | ||||
Changshu Tianyin Electromechanical Co. Ltd. Class A | 412,893 | 900 | ||||
Guangzhou Pearl River Piano Group Co. Ltd. Class A | 781,331 | 898 | ||||
AECC Aero-Engine Control Co. Ltd. Class A (XSEC) | 335,600 | 897 | ||||
Xinhua Winshare Publishing & Media Co. Ltd. Class A (XSSC) | 572,790 | 895 | ||||
Beijing Orient National Communication Science & Technology Co. Ltd. Class A (XSEC) | 493,601 | 894 | ||||
Shijiazhuang Yiling Pharmaceutical Co. Ltd. Class A (XSEC) | 224,500 | 894 | ||||
Shanghai Electric Power Co. Ltd. Class A (XSHG) | 836,400 | 894 | ||||
Tungkong Inc. Class A | 556,076 | 894 | ||||
Liaoning Wellhope Agri-Tech JSC Ltd. Class A (XSSC) | 482,801 | 892 | ||||
CNSIG Inner Mongolia Chemical Industry Co. Ltd. | 952,045 | 892 | ||||
Guangdong Shirongzhaoye Co. Ltd. Class A (XSHE) | 916,961 | 892 | ||||
Beijing Electronic Zone High-tech Group Co. Ltd. Class A | 1,024,969 | 890 | ||||
Shengda Resources Co. Ltd. Class A | 428,900 | 890 | ||||
* | Shenyang Jinbei Automotive Co. Ltd. Class A | 1,097,901 | 888 | |||
Joeone Co. Ltd. Class A | 502,277 | 888 | ||||
Youngor Group Co. Ltd. Class A (XSHG) | 832,608 | 887 | ||||
China West Construction Group Co. Ltd. Class A | 649,000 | 886 | ||||
Guizhou Bailing Group Pharmaceutical Co. Ltd. Class A (XSHE) | 681,807 | 886 | ||||
Shenzhen World Union Group Inc. Class A (XSHE) | 1,106,550 | 886 | ||||
New China Life Insurance Co. Ltd. Class A (XSHG) | 92,100 | 885 | ||||
Newland Digital Technology Co. Ltd. Class A (XSEC) | 373,198 | 883 |
Shares | Market Value ($000) | |||||
Industrial Securities Co. Ltd. Class A (XSHG) | 760,890 | 883 | ||||
Newcapec Electronics Co. Ltd. Class A | 488,335 | 883 | ||||
Shanghai Industrial Development Co. Ltd. Class A (XSSC) | 1,162,392 | 882 | ||||
Foshan Nationstar Optoelectronics Co. Ltd. Class A | 589,283 | 881 | ||||
Beijing Sanlian Hope Shin-Gosen Technical Service Co. Ltd. Class A | 345,642 | 881 | ||||
ENC Digital Technology Co. Ltd. Class A | 482,090 | 880 | ||||
Bank of Zhengzhou Co. Ltd. Class A (XSEC) | 1,611,861 | 879 | ||||
Do-Fluoride Chemicals Co. Ltd. Class A (XSHE) | 398,450 | 879 | ||||
Zhejiang Hisun Pharmaceutical Co. Ltd. Class A (XSHG) | 360,800 | 878 | ||||
Hangzhou Sunrise Technology Co. Ltd. Class A | 524,066 | 876 | ||||
Livzon Pharmaceutical Group Inc. Class A (XSEC) | 120,900 | 875 | ||||
Zhejiang Weixing Industrial Development Co. Ltd. Class A | 843,040 | 875 | ||||
Talkweb Information System Co. Ltd. Class A (XSHE) | 844,649 | 874 | ||||
Dawning Information Industry Co. Ltd. Class A (XSHG) | 163,072 | 873 | ||||
Zhejiang Zhongcheng Packing Material Co. Ltd. Class A | 856,121 | 871 | ||||
Guangdong South New Media Co. Ltd. Class A (XSEC) | 67,212 | 871 | ||||
Yantai Dongcheng Pharmaceutical Co. Ltd. Class A (XSEC) | 247,161 | 870 | ||||
Shandong Hi-Speed Road & Bridge Co. Ltd. Class A | 1,162,500 | 870 | ||||
Jointo Energy Investment Co. Ltd. Hebei Class A (XSHE) | 1,058,144 | 870 | ||||
* | Minmetals Development Co. Ltd. Class A (XSHG) | 922,286 | 869 | |||
China CSSC Holdings Ltd. Class A (XSSC) | 325,900 | 869 | ||||
Southern Publishing & Media Co. Ltd. Class A | 662,149 | 869 | ||||
Guangzhou Restaurant Group Co. Ltd. Class A (XSSC) | 156,800 | 868 | ||||
China Communications Construction Co. Ltd. Class A | 784,800 | 868 | ||||
Tianjin Port Co. Ltd. Class A (XSHG) | 1,264,890 | 868 | ||||
* | Beijing Shougang Co. Ltd. Class A (XSEC) | 1,581,061 | 867 | |||
Great Wall Motor Co. Ltd. Class A | 244,000 | 867 | ||||
China Resources Double Crane Pharmaceutical Co. Ltd. Class A (XSSC) | 460,351 | 867 | ||||
AVICOPTER plc Class A (XSHG) | 115,800 | 867 | ||||
FIYTA Precision Technology Co. Ltd. Class A | 420,085 | 866 | ||||
Ningbo Huaxiang Electronic Co. Ltd. Class A (XSHE) | 354,700 | 866 | ||||
Beijing SL Pharmaceutical Co. Ltd. Class A (XSHE) | 518,850 | 864 | ||||
Yantai Zhenghai Magnetic Material Co. Ltd. Class A (XSHE) | 582,654 | 864 | ||||
Shenzhen Ysstech Info-tech Co. Ltd. Class A (XSHE) | 455,175 | 864 | ||||
Zhejiang Satellite Petrochemical Co. Ltd. Class A (XSEC) | 260,100 | 863 | ||||
Chongqing Water Group Co. Ltd. Class A (XSSC) | 1,104,350 | 862 | ||||
Beijing North Star Co. Ltd. Class A (XSSC) | 2,397,815 | 861 | ||||
Hand Enterprise Solutions Co. Ltd. Class A (XSEC) | 607,000 | 858 | ||||
Toyou Feiji Electronics Co. Ltd. Class A | 443,235 | 858 | ||||
Hunan Friendship & Apollo Commercial Co. Ltd. Class A | 1,367,900 | 857 | ||||
Beijing Jingyuntong Technology Co. Ltd. Class A (XSSC) | 1,077,988 | 855 | ||||
Dr Peng Telecom & Media Group Co. Ltd. Class A (XSSC) | 843,964 | 854 | ||||
Stanley Agricultural Group Co. Ltd. Class A | 1,085,928 | 854 | ||||
Nanjing Kangni Mechanical & Electrical Co. Ltd. Class A | 926,835 | 854 | ||||
Betta Pharmaceuticals Co. Ltd. Class A (XSHE) | 53,200 | 854 | ||||
Guangdong Dowstone Technology Co. Ltd. Class A (XSEC) | 384,900 | 853 | ||||
Beijing Sanyuan Foods Co. Ltd. Class A | 1,155,178 | 853 | ||||
Kuangda Technology Group Co. Ltd. Class A | 1,463,584 | 853 | ||||
Tsinghua Tongfang Co. Ltd. Class A (XSSC) | 863,708 | 853 | ||||
Pingdingshan Tianan Coal Mining Co. Ltd. Class A (XSSC) | 1,092,253 | 852 | ||||
* | Beijing Centergate Technologies Holding Co. Ltd. Class A | 773,948 | 852 | |||
Guangdong Dongfang Precision Science & Technology Co. Ltd. Class A (XSHE) | 1,220,832 | 852 | ||||
Fujian Expressway Development Co. Ltd. Class A (XSHG) | 2,156,400 | 851 | ||||
Guangdong Meiyan Jixiang Hydropower Co. Ltd. Class A | 1,901,400 | 851 | ||||
Hongli Zhihui Group Co. Ltd. Class A | 593,700 | 851 |
Shares | Market Value ($000) | |||||
Guodian Changyuan Electric Power Co. Ltd. Class A | 1,560,894 | 850 | ||||
Jiangsu Changhai Composite Materials Co. Ltd. Class A | 469,128 | 850 | ||||
Hisense Visual Technology Co. Ltd. Class A (XSSC) | 450,162 | 848 | ||||
Sanchuan Wisdom Technology Co. Ltd. Class A | 967,300 | 848 | ||||
Realcan Pharmaceutical Group Co. Ltd. Class A (XSHE) | 1,015,910 | 846 | ||||
YongXing Special Materials Technology Co. Ltd. Class A | 308,468 | 846 | ||||
Beijing Capital Co. Ltd. Class A (XSHG) | 1,937,520 | 844 | ||||
Ningxia Building Materials Group Co. Ltd. Class A (XSSC) | 388,388 | 843 | ||||
Beijing SL Pharmaceutical Co. Ltd. Class A (XSEC) | 505,196 | 842 | ||||
China Northern Rare Earth Group High-Tech Co. Ltd. Class A (XSHG) | 557,700 | 842 | ||||
Befar Group Co. Ltd. Class A (XSHG) | 1,058,542 | 838 | ||||
Xinhua Winshare Publishing & Media Co. Ltd. Class H | 1,375,524 | 836 | ||||
Central China Securities Co. Ltd. Class A (XSSC) | 1,085,900 | 836 | ||||
Sinotrans Ltd. Class A (XSSC) | 1,367,100 | 835 | ||||
Changzhou Tronly New Electronic Materials Co. Ltd. Class A (XSEC) | 325,700 | 835 | ||||
Lakala Payment Co. Ltd. Class A | 163,900 | 835 | ||||
Sanjiang Shopping Club Co. Ltd. Class A | 448,200 | 834 | ||||
Wuhu Token Science Co. Ltd. Class A (XSEC) | 557,783 | 833 | ||||
* | Yunnan Copper Co. Ltd. Class A (XSHE) | 447,200 | 831 | |||
Hunan Gold Corp. Ltd. Class A (XSHE) | 665,040 | 831 | ||||
Sichuan Expressway Co. Ltd. Class A (XSSC) | 1,682,510 | 830 | ||||
Zhejiang Medicine Co. Ltd. Class A (XSSC) | 387,800 | 829 | ||||
Anyang Iron & Steel Inc. Class A | 2,716,980 | 829 | ||||
Top Energy Co. Ltd. Shanxi Class A | 1,701,144 | 827 | ||||
Nanjing Quanxin Cable Technology Co. Ltd. Class A | 295,630 | 827 | ||||
Tahoe Group Co. Ltd. Class A | 1,471,400 | 826 | ||||
Tellhow Sci-Tech Co. Ltd. Class A | 983,884 | 826 | ||||
* | Jointown Pharmaceutical Group Co. Ltd. Class A (XSHG) | 303,520 | 825 | |||
Guangdong Provincial Expressway Development Co. Ltd. Class A | 808,906 | 824 | ||||
Guangshen Railway Co. Ltd. Class A (XSHG) | 2,437,700 | 824 | ||||
Fiberhome Telecommunication Technologies Co. Ltd. Class A (XSHG) | 233,300 | 823 | ||||
* | GuangYuYuan Chinese Herbal Medicine Co. Ltd. Class A | 378,240 | 823 | |||
* | Guangdong Sky Dragon Printing Ink Group Co. Ltd. Class A | 723,970 | 823 | |||
Guomai Technologies Inc. Class A (XSHE) | 680,179 | 822 | ||||
Zhuhai Hokai Medical Instruments Co. Ltd. Class A | 779,932 | 822 | ||||
UTour Group Co. Ltd. Class A | 929,925 | 822 | ||||
Guangzhou Yuexiu Financial Holdings Group Co. Ltd. Class A (XSEC) | 350,250 | 820 | ||||
Jason Furniture Hangzhou Co. Ltd. Class A (XSSC) | 76,700 | 820 | ||||
China Baoan Group Co. Ltd. Class A (XSEC) | 722,020 | 819 | ||||
* | Guangdong Chaohua Technology Co. Ltd. Class A | 850,488 | 819 | |||
Guangdong Guangzhou Daily Media Co. Ltd. Class A | 1,153,728 | 818 | ||||
Wutong Holding Group Co. Ltd. Class A | 1,092,522 | 818 | ||||
Central China Securities Co. Ltd. Class A (XSHG) | 1,063,100 | 818 | ||||
Shandong Wohua Pharmaceutical Co. Ltd. Class A | 568,140 | 817 | ||||
Sou Yu Te Group Co. Ltd. Class A | 2,415,182 | 816 | ||||
Sino GeoPhysical Co. Ltd. Class A | 319,165 | 815 | ||||
China Publishing & Media Co. Ltd. Class A (XSHG) | 1,075,300 | 815 | ||||
Shuangliang Eco-Energy Systems Co. Ltd. Class A (XSSC) | 1,412,260 | 815 | ||||
Shanghai Tongji Science & Technology Industrial Co. Ltd. Class A (XSSC) | 642,481 | 815 | ||||
China Coal Energy Co. Ltd. Class A (XSSC) | 1,384,294 | 814 | ||||
Beijing Water Business Doctor Co. Ltd. Class A (XSEC) | 778,474 | 813 | ||||
Shenzhen Glory Medical Co. Ltd. Class A | 766,022 | 813 | ||||
Jiangsu Xiuqiang Glasswork Co. Ltd. Class A | 590,500 | 813 | ||||
Baosheng Science & Technology Innovation Co. Ltd. Class A (XSSC) | 1,225,155 | 812 |
Shares | Market Value ($000) | |||||
Digital China Information Service Co. Ltd. Class A (XSHE) | 311,643 | 812 | ||||
Focus Technology Co. Ltd. Class A | 297,120 | 812 | ||||
Zhejiang Guyuelongshan Shaoxing Wine Co. Ltd. Class A (XSHG) | 609,690 | 811 | ||||
China Merchants Energy Shipping Co. Ltd. Class A (XSSC) | 936,400 | 810 | ||||
Ningbo Ligong Environment & Energy Technology Co. Ltd. Class A | 408,869 | 810 | ||||
Zhejiang Jiemei Electronic & Technology Co. Ltd. Class A (XSEC) | 209,380 | 809 | ||||
Weifu High-Technology Group Co. Ltd. Class A | 210,600 | 809 | ||||
Eastone Century Technology Co. Ltd. Class A | 843,315 | 809 | ||||
Beijing Forever Technology Co. Ltd. Class A (XSHE) | 439,194 | 809 | ||||
Everbright Jiabao Co. Ltd. Class A | 1,502,708 | 808 | ||||
Pingdingshan Tianan Coal Mining Co. Ltd. Class A (XSHG) | 1,035,882 | 808 | ||||
Goldcard Smart Group Co. Ltd. (XSHE) | 353,600 | 807 | ||||
Anhui Heli Co. Ltd. Class A (XSSC) | 382,675 | 807 | ||||
* | Jiangsu Zongyi Co. Ltd. Class A | 983,700 | 805 | |||
* | Shanghai Hongda Mining Co. Ltd. Class A (XSHG) | 477,882 | 804 | |||
North Electro-Optic Co. Ltd. Class A | 494,561 | 804 | ||||
Sailun Group Co. Ltd. Class A (XSSC) | 1,085,915 | 803 | ||||
Wuxi Huadong Heavy Machinery Co. Ltd. Class A | 1,022,158 | 803 | ||||
Shenzhen Jinjia Group Co. Ltd. Class A (XSHE) | 597,600 | 802 | ||||
China Coal Xinji Energy Co. Ltd. Class A | 2,203,900 | 801 | ||||
Luthai Textile Co. Ltd. Class A | 744,591 | 800 | ||||
Alpha Group Class A (XSHE) | 827,701 | 796 | ||||
Sunward Intelligent Equipment Co. Ltd. Class A (XSEC) | 669,120 | 795 | ||||
Huadian Power International Corp. Ltd. Class A (XSHG) | 1,581,717 | 795 | ||||
Shenzhen Topraysolar Co. Ltd. Class A | 1,218,258 | 795 | ||||
* | Shandong Xinchao Energy Corp. Ltd. Class A (XSHG) | 3,400,300 | 794 | |||
Shanghai Zijiang Enterprise Group Co. Ltd. Class A (XSSC) | 1,265,015 | 793 | ||||
Guangdong Guanhao High-Tech Co. Ltd. Class A | 1,527,600 | 793 | ||||
* | Henan Ancai Hi-Tech Co. Ltd. Class A | 1,024,750 | 791 | |||
Global Top E-Commerce Co. Ltd. Class A (XSHE) | 929,940 | 791 | ||||
Huapont Life Sciences Co. Ltd. Class A (XSEC) | 1,014,901 | 790 | ||||
* | Montnets Rongxin Technology Group Co. Ltd. Class A (XSEC) | 340,100 | 790 | |||
* | Hengbao Co. Ltd. Class A | 671,300 | 790 | |||
China Wuyi Co. Ltd. Class A | 1,611,511 | 789 | ||||
Changying Xinzhi Technology Co. Ltd. Class A | 382,400 | 788 | ||||
China Railway Construction Corp. Ltd. Class A (XSHG) | 631,100 | 787 | ||||
* | Innuovo Technology Co. Ltd. Class A (XSHE) | 960,755 | 786 | |||
Shenzhen World Union Group Inc. Class A (XSEC) | 978,805 | 784 | ||||
Sichuan EM Technology Co. Ltd. Class A (XSHG) | 537,500 | 784 | ||||
Hanwei Electronics Group Corp. Class A | 274,002 | 784 | ||||
Thinkingdom Media Group Ltd. Class A | 122,236 | 784 | ||||
Xiamen Faratronic Co. Ltd. Class A (XSHG) | 58,248 | 782 | ||||
Xiwang Foodstuffs Co. Ltd. Class A (XSHE) | 940,740 | 781 | ||||
Cachet Pharmaceutical Co. Ltd. Class A | 343,843 | 781 | ||||
* | Jiangsu Sihuan Bioengineering Co. Ltd. Class A | 1,119,200 | 780 | |||
Beijing Beilu Pharmaceutical Co. Ltd. Class A | 471,900 | 780 | ||||
Tangrenshen Group Co. Ltd. Class A (XSHE) | 666,950 | 780 | ||||
Xuji Electric Co. Ltd. Class A (XSEC) | 369,300 | 779 | ||||
Zhejiang China Commodities City Group Co. Ltd. Class A (XSHG) | 976,000 | 778 | ||||
* | Lingyun Industrial Corp. Ltd. Class A (XSSC) | 569,692 | 778 | |||
* | Yunnan Aluminium Co. Ltd. Class A (XSHE) | 943,800 | 776 | |||
Zhengzhou Sino Crystal Diamond Co. Ltd. Class A (XSEC) | 944,451 | 775 | ||||
Tangshan Jidong Cement Co. Ltd. Class A (XSEC) | 344,500 | 774 | ||||
Zhejiang Runtu Co. Ltd. Class A | 577,651 | 773 | ||||
Henan Hengxing Science & Technology Co. Ltd. Class A | 1,425,295 | 772 |
Shares | Market Value ($000) | |||||
* | Fangda Special Steel Technology Co. Ltd. Class A (XSHG) | 842,878 | 771 | |||
Huaren Pharmaceutical Co. Ltd. Class A (XSEC) | 856,972 | 771 | ||||
SGIS Songshan Co. Ltd. Class A (XSEC) | 1,225,100 | 770 | ||||
Anhui Zhongding Sealing Parts Co. Ltd. Class A (XSEC) | 465,300 | 769 | ||||
Qiming Information Technology Co. Ltd. Class A | 478,073 | 769 | ||||
Sichuan Haite High-tech Co. Ltd. Class A (XSEC) | 346,300 | 768 | ||||
Jiangnan Mould & Plastic Technology Co. Ltd. Class A | 887,900 | 768 | ||||
* | Jilin Yatai Group Co. Ltd. Class A (XSSC) | 1,597,167 | 767 | |||
Hoshine Silicon Industry Co. Ltd. Class A (XSSC) | 170,300 | 766 | ||||
Hubei Chutian Smart Communication Co. Ltd. Class A | 1,807,951 | 766 | ||||
Valiant Co. Ltd. Class A (XSEC) | 292,400 | 764 | ||||
Nanjing Hanrui Cobalt Co. Ltd. Class A (XSEC) | 80,200 | 764 | ||||
Henan Zhongyuan Expressway Co. Ltd. Class A (XSSC) | 1,503,581 | 764 | ||||
* | Hainan Expressway Co. Ltd. Class A | 1,056,400 | 764 | |||
Shanghai Tianchen Co. Ltd. Class A | 728,338 | 764 | ||||
Gohigh Data Networks Technology Co. Ltd. Class A | 856,940 | 763 | ||||
* | Shenyang Chemical Co. Ltd. Class A | 944,000 | 763 | |||
Yechiu Metal Recycling China Ltd. Class A | 2,176,400 | 763 | ||||
Chinese Universe Publishing & Media Group Co. Ltd. Class A (XSSC) | 440,220 | 762 | ||||
Hubei Jumpcan Pharmaceutical Co. Ltd. Class A (XSSC) | 230,447 | 762 | ||||
Vtron Group Co. Ltd. Class A | 864,723 | 761 | ||||
Hoshine Silicon Industry Co. Ltd. Class A (XSHG) | 169,120 | 761 | ||||
3 | Shenzhen Special Economic Zone Real Estate & Properties Group Co. Ltd. Class A | 471,000 | 760 | |||
* | Baotailong New Materials Co. Ltd. Class A | 1,482,100 | 759 | |||
Shanghai Weaver Network Co. Ltd. Class A (XSSC) | 54,880 | 758 | ||||
Beijing BDStar Navigation Co. Ltd. Class A (XSEC) | 85,400 | 757 | ||||
Shanghai Jinqiao Export Processing Zone Development Co. Ltd. Class A | 398,657 | 757 | ||||
Telling Telecommunication Holding Co. Ltd. Class A (XSEC) | 737,100 | 756 | ||||
Moon Environment Technology Co. Ltd. Class A | 795,284 | 756 | ||||
Huapont Life Sciences Co. Ltd. Class A (XSHE) | 971,200 | 756 | ||||
Eternal Asia Supply Chain Management Ltd. Class A (XSHE) | 1,037,500 | 756 | ||||
* | Zhejiang Yongtai Technology Co. Ltd. Class A (XSHE) | 563,626 | 756 | |||
Anhui Golden Seed Winery Co. Ltd. Class A | 736,201 | 753 | ||||
Chongqing Three Gorges Water Conservancy & Electric Power Co. Ltd. Class A (XSHG) | 613,200 | 752 | ||||
JCHX Mining Management Co. Ltd. Class A (XSHG) | 439,296 | 752 | ||||
Zhejiang Xinan Chemical Industrial Group Co. Ltd. Class A (XSSC) | 553,079 | 751 | ||||
Eternal Asia Supply Chain Management Ltd. Class A (XSEC) | 1,028,900 | 750 | ||||
Jiangsu Huaxicun Co. Ltd. Class A (XSHE) | 704,200 | 749 | ||||
Guangxi Guiguan Electric Power Co. Ltd. Class A (XSHG) | 1,128,790 | 749 | ||||
Hubei Fuxing Science & Technology Co. Ltd. Class A | 987,200 | 747 | ||||
* | Ningxia Western Venture Industrial Co. Ltd. Class A | 1,478,651 | 746 | |||
Fortune Ng Fung Food Hebei Co. Ltd. Class A | 930,674 | 746 | ||||
Shenzhen Invt Electric Co. Ltd. Class A | 844,252 | 746 | ||||
Changzhou Qianhong Biopharma Co. Ltd. Class A (XSHE) | 1,146,300 | 745 | ||||
Haining China Leather Market Co. Ltd. Class A | 1,252,410 | 745 | ||||
Guangxi Wuzhou Communications Co. Ltd. Class A | 1,409,647 | 744 | ||||
Xiangxue Pharmaceutical Co. Ltd. Class A | 460,600 | 744 | ||||
Motic Xiamen Electric Group Co. Ltd. Class A | 486,429 | 744 | ||||
Bank of China Ltd. Class A (XSHG) | 1,564,597 | 743 | ||||
Shenma Industry Co. Ltd. Class A | 665,404 | 741 | ||||
JL Mag Rare-Earth Co. Ltd. Class A (XSHE) | 128,000 | 740 | ||||
* | Fujian Qingshan Paper Industry Co. Ltd. Class A | 2,584,790 | 739 | |||
Jiangsu Hongdou Industrial Co. Ltd. Class A (XSHG) | 1,515,822 | 739 |
Shares | Market Value ($000) | |||||
North Navigation Control Technology Co. Ltd. Class A (XSSC) | 597,204 | 738 | ||||
Northeast Securities Co. Ltd. Class A (XSEC) | 528,100 | 737 | ||||
Zhejiang Conba Pharmaceutical Co. Ltd. Class A (XSHG) | 982,257 | 737 | ||||
Surfilter Network Technology Co. Ltd. Class A | 617,768 | 737 | ||||
Offshore Oil Engineering Co. Ltd. Class A (XSHG) | 1,162,500 | 736 | ||||
Jinyuan EP Co. Ltd. Class A | 615,996 | 735 | ||||
Staidson Beijing Biopharmaceuticals Co. Ltd. Class A | 474,719 | 735 | ||||
Xinjiang Zhongtai Chemical Co. Ltd. Class A (XSHE) | 961,315 | 734 | ||||
Shenzhen Click Technology Co. Ltd. Class A | 344,000 | 733 | ||||
Bank of Chengdu Co. Ltd. Class A (XSSC) | 472,700 | 731 | ||||
Guangzhou Development Group Inc. Class A (XSSC) | 858,971 | 731 | ||||
China Nonferrous Metal Industry's Foreign Engineering & Construction Co. Ltd. Class A (XSHE) | 1,132,500 | 730 | ||||
CTS International Logistics Corp. Ltd. Class A (XSSC) | 692,380 | 728 | ||||
Asian Star Anchor Chain Co. Ltd. Jiangsu Class A | 858,650 | 728 | ||||
* | Mianyang Fulin Precision Machining Co. Ltd. Class A (XSHE) | 450,800 | 728 | |||
Xiamen Port Development Co. Ltd. Class A | 739,716 | 727 | ||||
Eastern Communications Co. Ltd. Class A (XSHG) | 392,200 | 727 | ||||
Guangdong Guanghong Holdings Co. Ltd. Class A | 720,203 | 727 | ||||
Inner Mongolia M-Grass Ecology & Enviroment Group Co. Ltd. Class A | 1,180,320 | 725 | ||||
KPC Pharmaceuticals Inc. Class A (XSSC) | 523,308 | 725 | ||||
* | Tunghsu Optoelectronic Technology Co. Ltd. Class A (XSEC) | 1,767,600 | 723 | |||
Leyard Optoelectronic Co. Ltd. Class A (XSHE) | 674,766 | 721 | ||||
Guizhou Gas Group Corp. Ltd. Class A (XSHG) | 434,972 | 720 | ||||
Far East Smarter Energy Co. Ltd. Class A (XSHG) | 1,229,560 | 718 | ||||
Jiangsu Lianfa Textile Co. Ltd. Class A | 472,352 | 718 | ||||
Beijing Philisense Technology Co. Ltd. Class A (XSHE) | 878,600 | 718 | ||||
Shanghai Zhenhua Heavy Industries Co. Ltd. Class A | 1,670,340 | 717 | ||||
Visual China Group Co. Ltd. Class A (XSHE) | 323,812 | 717 | ||||
Tengda Construction Group Co. Ltd. Class A | 1,637,499 | 717 | ||||
* | Lander Sports Development Co. Ltd. Class A | 1,641,050 | 715 | |||
Nanjing Iron & Steel Co. Ltd. Class A (XSHG) | 1,601,500 | 714 | ||||
Eastcompeace Technology Co. Ltd. Class A | 460,242 | 714 | ||||
Beijing Jiaxun Feihong Electrical Co. Ltd. Class A | 611,600 | 714 | ||||
* | Jilin Yatai Group Co. Ltd. Class A (XSHG) | 1,484,000 | 713 | |||
Guangdong Shenglu Telecommunication Tech Co. Ltd. Class A (XSHE) | 649,037 | 713 | ||||
Zhuhai Huajin Capital Co. Ltd. Class A | 381,017 | 712 | ||||
Harbin Pharmaceutical Group Co. Ltd. Class A (XSSC) | 1,447,577 | 711 | ||||
Shanghai SMI Holding Co. Ltd. Class A (XSSC) | 858,852 | 709 | ||||
Shandong Jinjing Science & Technology Co. Ltd. Class A (XSSC) | 1,271,196 | 706 | ||||
Loncin Motor Co. Ltd. Class A (XSSC) | 1,237,500 | 703 | ||||
Anhui Heli Co. Ltd. Class A (XSHG) | 333,240 | 702 | ||||
Jiang Su Suyan Jingshen Co. Ltd. Class A | 761,500 | 702 | ||||
Shandong Xinhua Pharmaceutical Co. Ltd. Class A | 457,342 | 701 | ||||
* | Cultural Investment Holdings Co. Ltd. Class A | 1,818,329 | 701 | |||
Nations Technologies Inc. Class A | 521,400 | 701 | ||||
Shanghai Xinhua Media Co. Ltd. Class A (XSSC) | 805,781 | 701 | ||||
Guangzhou Hangxin Aviation Technology Co. Ltd. Class A | 226,400 | 700 | ||||
Jiangling Motors Corp. Ltd. Class A (XSHE) | 234,298 | 699 | ||||
Sunsea AIoT Technology Co. Ltd. Class A | 337,045 | 699 | ||||
Jiangsu Changqing Agrochemical Co. Ltd. Class A | 640,809 | 699 | ||||
Xi'An Shaangu Power Co. Ltd. Class A (XSHG) | 728,545 | 699 | ||||
Huangshan Tourism Development Co. Ltd. Class A | 568,688 | 698 | ||||
Juneyao Airlines Co. Ltd. Class A (XSSC) | 435,330 | 697 | ||||
Jizhong Energy Resources Co. Ltd. Class A (XSHE) | 1,315,107 | 697 | ||||
Qingdao Citymedia Co. Ltd. Class A | 682,800 | 697 |
Shares | Market Value ($000) | |||||
Shanxi Xishan Coal & Electricity Power Co. Ltd. Class A (XSEC) | 1,004,120 | 696 | ||||
Guizhou Broadcasting & TV Information Network Co. Ltd. Class A | 708,600 | 696 | ||||
Anhui Wanwei Updated High-Tech Material Industry Co. Ltd. Class A (XSSC) | 1,344,100 | 696 | ||||
Luenmei Quantum Co. Ltd. Class A (XSSC) | 351,842 | 695 | ||||
Guodian Nanjing Automation Co. Ltd. Class A | 687,800 | 695 | ||||
Sichuan Road & Bridge Co. Ltd. Class A (XSHG) | 1,041,337 | 695 | ||||
Beijing GeoEnviron Engineering & Technology Inc. Class A (XSHG) | 326,400 | 694 | ||||
Konka Group Co. Ltd. Class A (XSEC) | 793,800 | 693 | ||||
Chengzhi Co. Ltd. Class A (XSHE) | 357,628 | 693 | ||||
Jiangsu Zijin Rural Commercial Bank Co. Ltd. Class A (XSHG) | 1,174,200 | 691 | ||||
Holitech Technology Co. Ltd. Class A (XSEC) | 1,039,700 | 690 | ||||
* | Heilongjiang Interchina Water Treatment Co. Ltd. Class A | 1,993,124 | 689 | |||
Huayuan Property Co. Ltd. Class A (XSSC) | 2,201,505 | 689 | ||||
Shenzhen Expressway Co. Ltd. Class A (XSSC) | 526,804 | 688 | ||||
Xinxing Ductile Iron Pipes Co. Ltd. Class A (XSHE) | 1,266,700 | 688 | ||||
* | Hubei Kaile Science & Technology Co. Ltd. Class A (XSHG) | 371,420 | 688 | |||
Suzhou Jinfu Technology Co. Ltd. Class A | 1,089,400 | 688 | ||||
Beijing GeoEnviron Engineering & Technology Inc. Class A (XSSC) | 323,333 | 687 | ||||
Shenzhen Guangju Energy Co. Ltd. Class A | 481,988 | 687 | ||||
Zhejiang JIULI Hi-tech Metals Co. Ltd. Class A (XSHE) | 449,450 | 687 | ||||
Shenzhen Center Power Tech Co. Ltd. Class A (XSHE) | 281,850 | 687 | ||||
Hongrun Construction Group Co. Ltd. Class A | 1,089,346 | 686 | ||||
Liaoning Wellhope Agri-Tech JSC Ltd. Class A (XSHG) | 371,300 | 686 | ||||
* | Xinjiang Ba Yi Iron & Steel Co. Ltd. Class A | 1,433,500 | 684 | |||
Guangdong Ellington Electronics Technology Co. Ltd. Class A (XSSC) | 562,164 | 682 | ||||
* | Shanghai Shunho New Materials Technology Co. Ltd. Class A | 1,023,800 | 682 | |||
Whirlpool China Co. Ltd. Class A | 738,250 | 680 | ||||
Ningbo Shanshan Co. Ltd. Class A (XSHG) | 368,640 | 679 | ||||
Shanxi Blue Flame Holding Co. Ltd. Class A (XSEC) | 577,896 | 677 | ||||
Anhui Sierte Fertilizer Industry Ltd. Co. Class A | 798,125 | 677 | ||||
Keda Group Co. Ltd. Class A (XSHG) | 906,553 | 676 | ||||
Ningbo David Medical Device Co. Ltd. Class A (XSEC) | 182,500 | 676 | ||||
Fujian Funeng Co. Ltd. Class A (XSSC) | 592,188 | 675 | ||||
Xiamen King Long Motor Group Co. Ltd. Class A | 676,646 | 675 | ||||
Shenzhen Zhengtong Electronics Co. Ltd. Class A | 479,100 | 675 | ||||
Xinjiang Zhongtai Chemical Co. Ltd. Class A (XSEC) | 883,000 | 674 | ||||
Hainan Ruize New Building Material Co. Ltd. Class A (XSHE) | 766,704 | 674 | ||||
First Capital Securities Co. Ltd. Class A (XSEC) | 453,000 | 673 | ||||
Nanjing Sciyon Wisdom Technology Group Co. Ltd. Class A | 291,446 | 673 | ||||
Central China Land Media Co. Ltd. Class A | 647,308 | 672 | ||||
Sichuan Haite High-tech Co. Ltd. Class A (XSHE) | 302,880 | 672 | ||||
* | Andon Health Co. Ltd. Class A | 437,956 | 672 | |||
*,2 | Shimao Services Holdings Ltd. | 313,678 | 672 | |||
ZhongYeDa Electric Co. Ltd. Class A | 501,400 | 671 | ||||
Henan Pinggao Electric Co. Ltd. Class A (XSSC) | 672,114 | 670 | ||||
Citic Offshore Helicopter Co. Ltd. Class A | 604,400 | 670 | ||||
Shanghai 2345 Network Holding Group Co. Ltd. Class A (XSHE) | 1,658,514 | 670 | ||||
Xuchang Yuandong Drive Shaft Co. Ltd. Class A | 595,600 | 670 | ||||
Beijing Sifang Automation Co. Ltd. Class A (XSSC) | 617,639 | 670 | ||||
Shenzhen Gongjin Electronics Co. Ltd. Class A (XSSC) | 384,348 | 669 |
Shares | Market Value ($000) | |||||
Zhuhai Port Co. Ltd. Class A | 853,300 | 669 | ||||
Jiangsu Sainty Corp. Ltd. Class A | 797,700 | 668 | ||||
Shanghai 2345 Network Holding Group Co. Ltd. Class A (XSEC) | 1,650,813 | 667 | ||||
Angang Steel Co. Ltd. Class A | 1,691,112 | 667 | ||||
Zhejiang Hailide New Material Co. Ltd. Class A | 1,186,917 | 667 | ||||
Hangzhou Weiguang Electronic Co. Ltd. Class A | 134,680 | 667 | ||||
Xinjiang Communications Construction Group Co. Ltd. Class A | 348,800 | 667 | ||||
Joincare Pharmaceutical Group Industry Co. Ltd. Class A (XSHG) | 294,624 | 665 | ||||
Metallurgical Corp. of China Ltd. Class A (XSHG) | 1,714,400 | 665 | ||||
* | Guangzhou Great Power Energy & Technology Co. Ltd. Class A (XSHE) | 229,000 | 664 | |||
* | Shaanxi Fenghuo Electronics Co. Ltd. Class A | 634,029 | 663 | |||
Gansu Qilianshan Cement Group Co. Ltd. Class A (XSHG) | 306,100 | 663 | ||||
Shanghai Jinfeng Wine Co. Ltd. Class A | 986,045 | 663 | ||||
* | Hunan Jingfeng Pharmaceutical Co. Ltd. Class A | 892,853 | 661 | |||
* | AECC Aero Science & Technology Co. Ltd. Class A (XSHG) | 221,200 | 661 | |||
* | KraussMaffei Co. Ltd. Class A | 864,834 | 661 | |||
Guoguang Electric Co. Ltd. Class A | 480,600 | 661 | ||||
China Merchants Property Operation & Service Co. Ltd. Class A (XSEC) | 173,700 | 661 | ||||
Huaming Power Equipment Co. Ltd. Class A | 758,043 | 660 | ||||
Rainbow Digital Commercial Co. Ltd. Class A | 537,099 | 660 | ||||
Langold Real Estate Co. Ltd. Class A | 1,962,979 | 660 | ||||
Jiangsu Eastern Shenghong Co. Ltd. Class A (XSEC) | 716,716 | 659 | ||||
Jiangxi Ganyue Expressway Co. Ltd. Class A (XSHG) | 1,305,500 | 659 | ||||
Strait Innovation Internet Co. Ltd. Class A | 640,698 | 658 | ||||
Bright Real Estate Group Co. Ltd. Class A (XSSC) | 1,679,474 | 658 | ||||
Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. Class A (XSHE) | 1,082,550 | 658 | ||||
Hubei Century Network Technology Co. Ltd. Class A | 243,900 | 658 | ||||
Ningbo Yunsheng Co. Ltd. Class A (XSSC) | 708,831 | 657 | ||||
An Hui Wenergy Co. Ltd. Class A (XSHE) | 1,093,644 | 657 | ||||
Shanghai ShenTong Metro Co. Ltd. Class A | 465,976 | 657 | ||||
Yibin Tianyuan Group Co. Ltd. Class A | 860,429 | 656 | ||||
* | Shandong Xinchao Energy Corp. Ltd. Class A (XSSC) | 2,802,816 | 654 | |||
CSSC Science & Technology Co. Ltd. Class A (XSHG) | 375,000 | 654 | ||||
Qinghai Huzhu Barley Wine Co. Ltd. Class A | 433,000 | 654 | ||||
* | Taiyuan Heavy Industry Co. Ltd. Class A (XSSC) | 2,206,513 | 654 | |||
* | Tibet Mineral Development Co. Class A | 483,500 | 653 | |||
Ningbo Cixing Co. Ltd. Class A | 598,800 | 653 | ||||
Sunvim Group Co. Ltd. Class A | 909,600 | 652 | ||||
Inspur Software Co. Ltd. Class A (XSSC) | 267,926 | 651 | ||||
Fujian Septwolves Industry Co. Ltd. Class A | 824,109 | 649 | ||||
Xuzhou Handler Special Vehicle Co. Ltd. Class A | 1,041,757 | 649 | ||||
Zhejiang Shuanghuan Driveline Co. Ltd. Class A | 708,680 | 649 | ||||
Unilumin Group Co. Ltd. Class A (XSHE) | 443,838 | 648 | ||||
* | Shenzhen Infinova Ltd. Class A | 1,076,307 | 648 | |||
Nanyang Topsec Technologies Group Inc. Class A (XSEC) | 205,200 | 647 | ||||
Jiangsu Yinhe Electronics Co. Ltd. Class A | 946,533 | 647 | ||||
YLZ Information Technology Co. Ltd. Class A | 377,700 | 647 | ||||
Bank of Zhengzhou Co. Ltd. Class A (XSHE) | 1,186,790 | 647 | ||||
Maoye Commercial Co. Ltd. Class A (XSSC) | 1,154,811 | 646 | ||||
Yunnan Wenshan Electric Power Co. Ltd. Class A | 566,427 | 644 | ||||
LingNan Eco&Culture-Tourism Co. Ltd. Class A | 1,091,911 | 644 | ||||
Guangdong Highsun Group Co. Ltd. Class A | 1,848,180 | 642 | ||||
* | Guizhou Salvage Pharmaceutical Co. Ltd. Class A | 1,556,500 | 642 | |||
SPIC Dongfang New Energy Corp. Class A (XSHE) | 986,256 | 641 | ||||
Shenzhen Bauing Construction Holding Group Co. Ltd. Class A (XSHE) | 1,084,024 | 641 |
Shares | Market Value ($000) | |||||
Beijing WKW Automotive Parts Co. Ltd. Class A | 1,023,576 | 641 | ||||
Juewei Food Co. Ltd. Class A (XSSC) | 52,860 | 640 | ||||
Zhongbai Holdings Group Co. Ltd. Class A | 678,989 | 640 | ||||
* | Yunnan Tin Co. Ltd. Class A (XSHE) | 476,300 | 639 | |||
Tongding Interconnection Information Co. Ltd. Class A (XSHE) | 858,300 | 639 | ||||
China High Speed Railway Technology Co. Ltd. Class A (XSEC) | 1,584,100 | 638 | ||||
Digital China Information Service Co. Ltd. Class A (XSEC) | 243,900 | 636 | ||||
Shanghai Maling Aquarius Co. Ltd. Class A (XSSC) | 460,698 | 636 | ||||
Shanghai Sinyang Semiconductor Materials Co. Ltd. Class A (XSHE) | 88,500 | 633 | ||||
China Avionics Systems Co. Ltd. Class A (XSHG) | 262,584 | 632 | ||||
Hangzhou Boiler Group Co. Ltd. Class A | 450,618 | 632 | ||||
Zhejiang Jiemei Electronic & Technology Co. Ltd. Class A (XSHE) | 163,554 | 632 | ||||
Fujian Rongji Software Co. Ltd. Class A | 609,300 | 630 | ||||
China Satellite Communications Co. Ltd. Class A (XSSC) | 242,300 | 629 | ||||
Fujian Longxi Bearing Group Co. Ltd. Class A | 366,699 | 629 | ||||
Shenzhen Jieshun Science & Technology Industry Co. Ltd. Class A (XSHE) | 386,900 | 629 | ||||
Shandong Publishing & Media Co. Ltd. Class A (XSHG) | 692,888 | 629 | ||||
Hexing Electrical Co. Ltd. Class A (XSSC) | 291,668 | 628 | ||||
Orient Securities Co. Ltd. Class A (XSHG) | 390,100 | 628 | ||||
Shandong Humon Smelting Co. Ltd. Class A (XSEC) | 301,100 | 627 | ||||
* | Huludao Zinc Industry Co. Class A | 1,526,300 | 626 | |||
Unilumin Group Co. Ltd. Class A (XSEC) | 428,200 | 625 | ||||
* | Qianjiang Water Resources Development Co. Ltd. Class A | 400,451 | 625 | |||
Shenzhen Grandland Group Co. Ltd. Class A | 1,277,051 | 625 | ||||
Heilongjiang Agriculture Co. Ltd. Class A (XSSC) | 239,700 | 624 | ||||
* | Shantui Construction Machinery Co. Ltd. Class A | 1,180,735 | 624 | |||
Guangdong Guanghua Sci-Tech Co. Ltd. Class A | 315,542 | 624 | ||||
Guizhou Bailing Group Pharmaceutical Co. Ltd. Class A (XSEC) | 478,500 | 622 | ||||
China CITIC Bank Corp. Ltd. Class A (XSHG) | 824,050 | 622 | ||||
* | Henan Yuneng Holdings Co. Ltd. Class A | 1,133,000 | 621 | |||
Baoxiniao Holding Co. Ltd. Class A | 1,203,300 | 621 | ||||
* | Goldenmax International Technology Ltd. Class A (XSHE) | 538,100 | 621 | |||
Beiqi Foton Motor Co. Ltd. Class A (XSSC) | 1,333,709 | 621 | ||||
Yang Quan Coal Industry Group Co. Ltd. Class A (XSSC) | 878,000 | 620 | ||||
Xinhu Zhongbao Co. Ltd. Class A (XSHG) | 1,292,000 | 620 | ||||
* | China Calxon Group Co. Ltd. Class A (XSHE) | 930,900 | 620 | |||
JC Finance & Tax Interconnect Holdings Ltd. Class A (XSHE) | 475,040 | 620 | ||||
Huafon Microfibre Shanghai Technology Co. Ltd. Class A (XSEC) | 593,346 | 619 | ||||
Hubei Xingfa Chemicals Group Co. Ltd. Class A (XSHG) | 367,200 | 618 | ||||
Greatoo Intelligent Equipment Inc. | 2,052,300 | 618 | ||||
Guangzhou KingTeller Technology Co. Ltd. Class A | 817,028 | 618 | ||||
Der Future Science & Technology Holding Group Co. Ltd. Class A | 609,840 | 618 | ||||
Yotrio Group Co. Ltd. Class A (XSHE) | 994,750 | 617 | ||||
CTS International Logistics Corp. Ltd. Class A (XSHG) | 586,281 | 617 | ||||
Wuhan Jingce Electronic Group Co. Ltd. Class A (XSHE) | 82,677 | 615 | ||||
Beijing Dinghan Technology Group Co. Ltd. Class A | 523,300 | 614 | ||||
Nanjing Securities Co. Ltd. Class A (XSSC) | 327,800 | 613 | ||||
Sanlux Co. Ltd. Class A | 648,400 | 613 | ||||
Inzone Group Co. Ltd. Class A (XSHG) | 557,331 | 612 | ||||
Zhejiang Jingu Co. Ltd. Class A | 491,860 | 612 | ||||
KAISA JiaYun Technology Inc. Class A | 613,020 | 612 | ||||
First Tractor Co. Ltd. Class A (XSHG) | 352,300 | 612 | ||||
Shandong Shengli Co. Class A | 973,577 | 611 |
Shares | Market Value ($000) | |||||
Huachangda Intelligent Equipment Group Co. Ltd. Class A | 606,656 | 611 | ||||
Elion Clean Energy Co. Ltd. Class A | 1,289,900 | 610 | ||||
Zhejiang Huamei Holding Co. Ltd. Class A | 1,032,153 | 609 | ||||
Datang International Power Generation Co. Ltd. Class A | 1,831,400 | 608 | ||||
Tibet Cheezheng Tibetan Medicine Co. Ltd. Class A | 157,047 | 608 | ||||
Guangdong Taiantang Pharmaceutical Co. Ltd. Class A | 895,378 | 607 | ||||
Konfoong Materials International Co. Ltd. Class A (XSEC) | 68,000 | 606 | ||||
Genimous Technology Co. Ltd. Class A (XSHE) | 691,035 | 606 | ||||
Jilin Aodong Pharmaceutical Group Co. Ltd. Class A (XSEC) | 240,700 | 605 | ||||
Anhui Huamao Textile Co. Class A | 1,074,064 | 605 | ||||
Hangzhou Robam Appliances Co. Ltd. Class A (XSEC) | 110,300 | 604 | ||||
Guangxi Yuegui Guangye Holding Co. Ltd. Class A | 887,856 | 604 | ||||
Mingsheng Holdings Co. Ltd. Class A | 642,355 | 604 | ||||
Royal Group Co. Ltd. Class A | 810,478 | 603 | ||||
Sinotrans Ltd. Class A (XSHG) | 986,395 | 602 | ||||
* | Sichuan Hongda Co. Ltd. Class A | 1,907,200 | 600 | |||
* | Tianqi Lithium Corp. Class A (XSEC) | 201,353 | 598 | |||
Integrated Electronic Systems Lab Co. Ltd. Class A | 550,069 | 598 | ||||
Solareast Holdings Co. Ltd. Class A | 775,159 | 598 | ||||
Sufa Technology Industry Co. Ltd. CNNC Class A | 328,659 | 597 | ||||
Jiangsu Changshu Rural Commercial Bank Co. Ltd. Class A | 589,300 | 597 | ||||
Liaoning Cheng Da Co. Ltd. Class A (XSHG) | 176,400 | 596 | ||||
Glarun Technology Co. Ltd. Class A (XSHG) | 217,058 | 596 | ||||
Zhejiang Yonggui Electric Equipment Co. Ltd. Class A | 330,670 | 596 | ||||
Huaxi Securities Co. Ltd. Class A (XSEC) | 342,700 | 595 | ||||
CSSC Science & Technology Co. Ltd. Class A (XSSC) | 340,900 | 595 | ||||
Nanfeng Ventilator Co. Ltd. Class A | 517,400 | 595 | ||||
Xinxiang Chemical Fiber Co. Ltd. Class A | 1,284,249 | 594 | ||||
Shanghai Tunnel Engineering Co. Ltd. Class A (XSHG) | 711,300 | 594 | ||||
* | Shanghai Metersbonwe Fashion & Accessories Co. Ltd. Class A | 1,828,400 | 594 | |||
Pubang Landscape Architecture Co. Ltd. Class A | 1,835,497 | 594 | ||||
* | ZJBC Information Technology Co. Ltd. Class A | 745,962 | 593 | |||
Jiangsu Sunshine Co. Ltd. Class A | 1,785,755 | 593 | ||||
Shandong Xiantan Co. Ltd. Class A (XSHE) | 347,295 | 591 | ||||
Guangxi Nanning Waterworks Co. Ltd. Class A | 730,159 | 590 | ||||
Henan Splendor Science & Technology Co. Ltd. Class A | 514,800 | 589 | ||||
Hangjin Technology Co. Ltd. Class A (XSHE) | 202,350 | 588 | ||||
Jiangsu Expressway Co. Ltd. Class A (XSHG) | 428,998 | 588 | ||||
Guangdong Zhengye Technology Co. Ltd. Class A | 374,236 | 588 | ||||
Hangzhou Shunwang Technology Co. Ltd. Class A (XSHE) | 236,990 | 587 | ||||
Sinodata Co. Ltd. Class A | 310,435 | 587 | ||||
Sichuan Tianyi Comheart Telecom Co. Ltd. Class A (XSHE) | 185,900 | 587 | ||||
Fujian Star-net Communication Co. Ltd. Class A (XSEC) | 163,400 | 586 | ||||
* | Visionox Technology Inc. Class A (XSEC) | 300,796 | 586 | |||
Universal Scientific Industrial Shanghai Co. Ltd. Class A (XSHG) | 178,938 | 586 | ||||
Gansu Yasheng Industrial Group Co. Ltd. Class A | 1,235,800 | 585 | ||||
China Meheco Co. Ltd. Class A (XSHG) | 260,100 | 585 | ||||
Dongfang Electric Corp. Ltd. Class A (XSHG) | 368,700 | 585 | ||||
Jiangsu Lianyungang Port Co. Ltd. Class A | 1,211,925 | 585 | ||||
Shandong Chenming Paper Holdings Ltd. Class H | 1,463,782 | 583 | ||||
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd. Class A (XSSC) | 339,094 | 583 | ||||
Changshu Fengfan Power Equipment Co. Ltd. Class A (XSSC) | 845,828 | 582 | ||||
Shanghai Rongtai Health Technology Corp. Ltd. Class A | 120,900 | 581 | ||||
Chongqing Gangjiu Co. Ltd. Class A | 1,045,300 | 580 | ||||
Guangdong Delian Group Co. Ltd. Class A | 675,035 | 579 |
Shares | Market Value ($000) | |||||
Beijing eGOVA Co. Ltd. Class A (XSEC) | 312,103 | 577 | ||||
* | Yang Guang Co. Ltd. Class A | 871,402 | 575 | |||
* | Northeast Pharmaceutical Group Co. Ltd. Class A | 712,670 | 575 | |||
Zhejiang Red Dragonfly Footwear Co. Ltd. Class A | 566,581 | 574 | ||||
Zheshang Securities Co. Ltd. Class A (XSSC) | 257,100 | 573 | ||||
* | Gem-Year Industrial Co. Ltd. Class A (XSSC) | 746,111 | 573 | |||
FSPG Hi-Tech Co. Ltd. Class A | 885,500 | 573 | ||||
Jiangling Motors Corp. Ltd. Class B | 694,384 | 570 | ||||
Anhui Guofeng Plastic Industry Co. Ltd. Class A | 716,800 | 570 | ||||
Wuhan Yangtze Communications Industry Group Co. Ltd. Class A | 201,960 | 570 | ||||
Mayinglong Pharmaceutical Group Co. Ltd. Class A (XSHG) | 179,100 | 570 | ||||
* | HPGC Renmintongtai Pharmaceutical Corp. Class A (XSHG) | 550,134 | 568 | |||
China Construction Bank Corp. Class A (XSHG) | 604,100 | 568 | ||||
Shandong Minhe Animal Husbandry Co. Ltd. Class A (XSHE) | 254,283 | 568 | ||||
Ningbo Zhoushan Port Co. Ltd. Class A (XSHG) | 1,042,200 | 568 | ||||
Chengdu Huasun Technology Group Inc. Ltd. Class A | 742,471 | 567 | ||||
Liaoning SG Automotive Group Co. Ltd. Class A | 926,034 | 567 | ||||
Hongbaoli Group Corp. Ltd. Class A | 714,859 | 566 | ||||
China South Publishing & Media Group Co. Ltd. Class A (XSHG) | 361,000 | 566 | ||||
Ningxia Jiaze New Energy Co. Ltd. Class A | 1,234,300 | 566 | ||||
Deluxe Family Co. Ltd. Class A (XSHG) | 1,061,600 | 565 | ||||
Hunan Mendale Hometextile Co. Ltd. Class A | 762,754 | 565 | ||||
Nanjing Gaoke Co. Ltd. Class A (XSHG) | 371,520 | 564 | ||||
Wisesoft Co. Ltd. Class A | 247,414 | 564 | ||||
Suzhou Chunxing Precision Mechanical Co. Ltd. Class A (XSHE) | 781,900 | 563 | ||||
An Hui Wenergy Co. Ltd. Class A (XSEC) | 934,690 | 562 | ||||
Fujian Cement Inc. Class A | 472,320 | 562 | ||||
Jishi Media Co. Ltd. Class A (XSHG) | 1,827,200 | 561 | ||||
Changyuan Group Ltd. Class A (XSHG) | 607,060 | 560 | ||||
Focused Photonics Hangzhou Inc. Class A (XSEC) | 276,196 | 559 | ||||
Beijing Urban Construction Investment & Development Co. Ltd. Class A (XSSC) | 678,255 | 558 | ||||
Hefei Department Store Group Co. Ltd. Class A | 754,417 | 557 | ||||
Changyuan Group Ltd. Class A (XSSC) | 602,283 | 555 | ||||
Dr Peng Telecom & Media Group Co. Ltd. Class A (XSHG) | 548,100 | 555 | ||||
* | Shen Zhen Mindata Holding Co. Ltd. Class A | 528,200 | 555 | |||
Hubei Jumpcan Pharmaceutical Co. Ltd. Class A (XSHG) | 167,500 | 554 | ||||
Jiangxi Ganyue Expressway Co. Ltd. Class A (XSSC) | 1,096,642 | 554 | ||||
China Greatwall Technology Group Co. Ltd. Class A (XSEC) | 243,700 | 553 | ||||
Chongqing Road & Bridge Co. Ltd. Class A | 1,409,915 | 553 | ||||
Shandong Homey Aquatic Development Co. Ltd. Class A | 1,478,298 | 553 | ||||
Xinfengming Group Co. Ltd. Class A (XSHG) | 362,796 | 553 | ||||
Global Top E-Commerce Co. Ltd. Class A (XSEC) | 648,845 | 552 | ||||
Ningbo Joyson Electronic Corp. Class A (XSSC) | 154,040 | 552 | ||||
Ovctek China Inc. Class A (XSEC) | 54,100 | 552 | ||||
Skyworth Digital Co. Ltd. Class A (XSHE) | 423,200 | 552 | ||||
Tongyu Communication Inc. Class A (XSHE) | 182,475 | 552 | ||||
Nanjing Panda Electronics Co. Ltd. Class A (XSSC) | 520,400 | 551 | ||||
Shunfa Hengye Corp. Class A (XSHE) | 1,413,801 | 550 | ||||
* | Zhongfu Straits Pingtan Development Co. Ltd. Class A | 1,368,344 | 550 | |||
South Huiton Co. Ltd. Class A | 423,300 | 549 | ||||
* | Ligeance Aerospace Technology Co. Ltd. Class A (XSHE) | 390,466 | 549 | |||
Anhui Yingliu Electromechanical Co. Ltd. Class A (XSSC) | 138,800 | 547 | ||||
* | GI Technologies Group Co. Ltd. Class A | 964,760 | 546 | |||
China Bester Group Telecom Co. Ltd. Class A (XSHG) | 262,845 | 546 |
Shares | Market Value ($000) | |||||
Western Region Gold Co. Ltd. Class A (XSSC) | 265,000 | 545 | ||||
Shenzhen Absen Optoelectronic Co. Ltd. Class A | 316,981 | 545 | ||||
* | EGLS Co. Ltd. Class A | 1,674,300 | 544 | |||
* | Tianjin Futong Xinmao Science & Technology Co. Ltd. Class A | 1,174,500 | 544 | |||
Neway Valve Suzhou Co. Ltd. Class A (XSHG) | 251,288 | 543 | ||||
China CYTS Tours Holding Co. Ltd. Class A (XSSC) | 367,868 | 542 | ||||
Genimous Technology Co. Ltd. Class A (XSEC) | 616,300 | 541 | ||||
Shenzhen Mason Technologies Co. Ltd. Class A | 848,500 | 541 | ||||
Sunstone Development Co. Ltd. Class A | 286,400 | 541 | ||||
Julong Co. Ltd. Class A (XSEC) | 332,900 | 539 | ||||
Hangzhou Cable Co. Ltd. Class A | 652,000 | 539 | ||||
Shenghe Resources Holding Co. Ltd. Class A (XSSC) | 546,600 | 538 | ||||
Shanying International Holding Co. Ltd. Class A (XSHG) | 1,176,000 | 538 | ||||
Hunan Gold Corp. Ltd. Class A (XSEC) | 429,800 | 537 | ||||
Chongqing Yukaifa Co. Ltd. Class A | 930,100 | 536 | ||||
Zhejiang Jingxing Paper JSC Ltd. Class A | 1,126,300 | 536 | ||||
Jiangsu Jiangnan High Polymer Fiber Co. Ltd. Class A (XSSC) | 1,274,005 | 536 | ||||
Zhongtong Bus Holding Co. Ltd. Class A | 528,900 | 535 | ||||
* | Shenzhen Textile Holdings Co. Ltd. Class A | 444,475 | 535 | |||
* | Henan Taloph Pharmaceutical Stock Co. Ltd. Class A | 622,730 | 534 | |||
Shenzhen Suntak Circuit Technology Co. Ltd. Class A (XSHE) | 213,000 | 534 | ||||
Shenzhen Gongjin Electronics Co. Ltd. Class A (XSHG) | 306,240 | 533 | ||||
Shanghai DragonNet Technology Co. Ltd. Class A | 300,901 | 530 | ||||
Jangho Group Co. Ltd. Class A (XSSC) | 616,507 | 530 | ||||
Guizhou Yibai Pharmaceutical Co. Ltd. Class A (XSHG) | 569,700 | 529 | ||||
Suzhou New District Hi-Tech Industrial Co. Ltd. Class A (XSSC) | 734,406 | 527 | ||||
Sanxiang Impression Co. Ltd. Class A | 789,300 | 526 | ||||
Far East Smarter Energy Co. Ltd. Class A (XSSC) | 901,200 | 526 | ||||
AECC Aero-Engine Control Co. Ltd. Class A (XSHE) | 196,500 | 525 | ||||
Longmaster Information & Technology Co. Ltd. Class A (XSEC) | 246,300 | 525 | ||||
Yotrio Group Co. Ltd. Class A (XSEC) | 844,600 | 524 | ||||
Juneyao Airlines Co. Ltd. Class A (XSHG) | 326,939 | 524 | ||||
Ajisen China Holdings Ltd. | 4,124,260 | 523 | ||||
Sichuan Road & Bridge Co. Ltd. Class A (XSSC) | 783,195 | 523 | ||||
Beijing Jetsen Technology Co. Ltd. Class A (XSHE) | 680,212 | 523 | ||||
Guangzhou Holike Creative Home Co. Ltd. Class A (XSHG) | 220,658 | 523 | ||||
CASIN Real Estate Development Group Co. Ltd. Class A | 1,207,301 | 522 | ||||
* | Zhonglu Co. Ltd. Class B | 1,061,642 | 521 | |||
Suzhou Gold Mantis Construction Decoration Co. Ltd. Class A (XSEC) | 353,100 | 521 | ||||
Cinda Real Estate Co. Ltd. Class A (XSHG) | 837,122 | 521 | ||||
Zhongshan Broad Ocean Motor Co. Ltd. Class A (XSHE) | 893,700 | 521 | ||||
Visual China Group Co. Ltd. Class A (XSEC) | 235,100 | 520 | ||||
* | Shenzhen Rapoo Technology Co. Ltd. Class A | 246,590 | 520 | |||
MYS Group Co. Ltd. Class A (XSHE) | 789,767 | 520 | ||||
* | Hubei Mailyard Share Co. Ltd. Class A | 357,200 | 519 | |||
Shanghai Chinafortune Co. Ltd. Class A (XSHG) | 196,700 | 519 | ||||
Nanjing Xinlian Electronics Co. Ltd. Class A | 855,041 | 519 | ||||
Zhejiang Wanfeng Auto Wheel Co. Ltd. Class A (XSEC) | 481,800 | 518 | ||||
Inner Mongolia Xingye Mining Co. Ltd. Class A (XSEC) | 503,000 | 518 | ||||
Shanghai AtHub Co. Ltd. Class A (XSSC) | 49,700 | 518 | ||||
Tianjin 712 Communication & Broadcasting Co. Ltd. Class A (XSSC) | 80,000 | 515 | ||||
Yang Quan Coal Industry Group Co. Ltd. Class A (XSHG) | 729,300 | 515 | ||||
Shanghai Guangdian Electric Group Co. Ltd. Class A | 1,095,200 | 515 | ||||
Xiamen International Airport Co. Ltd. Class A (XSHG) | 196,455 | 514 |
Shares | Market Value ($000) | |||||
Beijing Join-Cheer Software Co. Ltd. Class A | 636,090 | 514 | ||||
Zhengzhou Coal Mining Machinery Group Co. Ltd. Class A (XSHG) | 332,200 | 513 | ||||
NingXia QingLong Pipes Industry Group Co. Ltd. Class A | 430,090 | 513 | ||||
North Huajin Chemical Industries Co. Ltd. Class A (XSHE) | 687,903 | 512 | ||||
Jilin Jian Yisheng Pharmaceutical Co. Ltd. Class A | 496,586 | 512 | ||||
Xingmin Intelligent Transportation Systems Group Co. Ltd. Class A | 595,626 | 512 | ||||
Shenzhen Aisidi Co. Ltd. Class A (XSHE) | 422,520 | 512 | ||||
Guangdong Baolihua New Energy Stock Co. Ltd. Class A (XSEC) | 451,000 | 511 | ||||
Air China Ltd. Class A (XSSC) | 503,438 | 511 | ||||
* | Sinopec Oilfield Equipment Corp. Class A | 753,742 | 511 | |||
Beijing HualuBaina Film & TV Co. Ltd. Class A (XSHE) | 613,119 | 511 | ||||
* | Mesnac Co. Ltd. Class A | 860,489 | 510 | |||
Jiangsu Guotai International Group Co. Ltd. Class A (XSHE) | 550,290 | 510 | ||||
Shanghai Jiao Yun Co. Ltd. Class A (XSSC) | 643,190 | 510 | ||||
Shenzhen New Nanshan Holding Group Co. Ltd. Class A (XSHE) | 898,744 | 509 | ||||
Shanghai Amarsoft Information & Technology Co. Ltd. Class A | 134,000 | 509 | ||||
Guangxi Radio & Television Information Network Corp. Ltd. Class A | 967,702 | 509 | ||||
Shenzhen SC New Energy Technology Corp. Class A (XSEC) | 34,000 | 508 | ||||
Shanghai New Culture Media Group Co. Ltd. Class A | 771,900 | 508 | ||||
Henan Yuguang Gold & Lead Co. Ltd. Class A (XSHG) | 710,800 | 507 | ||||
Xinjiang Joinworld Co. Ltd. Class A (XSSC) | 614,853 | 507 | ||||
* | Datong Coal Industry Co. Ltd. Class A (XSHG) | 721,035 | 506 | |||
Sunward Intelligent Equipment Co. Ltd. Class A (XSHE) | 424,600 | 504 | ||||
Citychamp Dartong Co. Ltd. Class A (XSSC) | 925,633 | 504 | ||||
Jinling Pharmaceutical Co. Ltd. Class A | 508,831 | 503 | ||||
* | Shaanxi Aerospace Power Hi-Tech Co. Ltd. Class A (XSHG) | 368,800 | 502 | |||
* | Chang Jiang Shipping Group Phoenix Co. Ltd. Class A | 993,900 | 502 | |||
Hangzhou Zhongheng Electric Co. Ltd. Class A (XSHE) | 325,667 | 502 | ||||
* | ZhongMan Petroleum & Natural Gas Group Corp. Ltd. | 350,000 | 502 | |||
Shenzhen Kingdom Sci-Tech Co. Ltd. Class A (XSHG) | 188,500 | 501 | ||||
Tianjin Port Co. Ltd. Class A (XSSC) | 729,386 | 500 | ||||
* | Tianjin Realty Development Group Co. Ltd. Class A | 1,409,700 | 500 | |||
Changhong Meiling Co. Ltd. Class A | 1,078,628 | 500 | ||||
Nanjing Redsun Co. Ltd. Class A | 462,551 | 500 | ||||
SGIS Songshan Co. Ltd. Class A (XSHE) | 794,400 | 500 | ||||
Cosmos Group Co. Ltd. Class A | 1,086,000 | 499 | ||||
Hongbo Co. Ltd. Class A | 456,950 | 499 | ||||
Zhejiang NetSun Co. Ltd. Class A (XSHE) | 184,600 | 498 | ||||
Grinm Advanced Materials Co. Ltd. Class A (XSHG) | 241,500 | 497 | ||||
Henan Pinggao Electric Co. Ltd. Class A (XSHG) | 498,800 | 497 | ||||
Guizhou Guihang Automotive Components Co. Ltd. Class A | 215,284 | 497 | ||||
Shanghai New Huang Pu Industrial Group Co. Ltd. Class A (XSHG) | 474,480 | 497 | ||||
Chongqing Three Gorges Water Conservancy & Electric Power Co. Ltd. Class A (XSSC) | 404,858 | 496 | ||||
* | Great Chinasoft Technology Co. Ltd. Class A | 681,900 | 496 | |||
Netposa Technologies Ltd. Class A | 899,677 | 496 | ||||
*,2 | Haichang Ocean Park Holdings Ltd. | 9,574,362 | 495 | |||
Beijing Jingxi Culture & Tourism Co. Ltd. Class A (XSHE) | 520,396 | 494 | ||||
Changhong Huayi Compressor Co. Ltd. Class A | 828,980 | 493 | ||||
Liuzhou Iron & Steel Co. Ltd. Class A | 711,900 | 493 | ||||
Zhejiang Communications Technology Co. Ltd. (XSEC) | 618,800 | 492 |
Shares | Market Value ($000) | |||||
Zhejiang China Light & Textile Industrial City Group Co. Ltd. Class A (XSHG) | 1,055,320 | 492 | ||||
Emei Shan Tourism Co. Ltd. Class A | 571,671 | 491 | ||||
Jiangsu Hongdou Industrial Co. Ltd. Class A (XSSC) | 1,008,153 | 491 | ||||
Yabao Pharmaceutical Group Co. Ltd. Class A (XSSC) | 623,083 | 490 | ||||
Hengdian Group DMEGC Magnetics Co. Ltd. Class A (XSEC) | 232,500 | 489 | ||||
Zhuzhou Kibing Group Co. Ltd. Class A (XSHG) | 356,400 | 489 | ||||
* | Berry Genomics Co. Ltd. Class A (XSEC) | 65,305 | 488 | |||
Kunshan Kersen Science & Technology Co. Ltd. Class A (XSSC) | 203,500 | 488 | ||||
Shenzhen Minkave Technology Co. Ltd. Class A | 602,150 | 488 | ||||
Shenzhen Agricultural Products Group Co. Ltd. Class A (XSEC) | 461,800 | 487 | ||||
Ninestar Corp. Class A (XSEC) | 111,600 | 487 | ||||
Aerospace Hi-Tech Holdings Grp Ltd. Class A (XSEC) | 330,130 | 485 | ||||
* | China CIFCO Investment Co. Ltd. Class A | 394,800 | 485 | |||
Haitong Securities Co. Ltd. Class A (XSHG) | 230,600 | 485 | ||||
Beijing Bewinner Communications Co. Ltd. Class A | 695,710 | 485 | ||||
Sinosun Technology Co. Ltd. Class A | 271,600 | 485 | ||||
Duzhe Publishing & Media Co. Ltd. Class A | 577,900 | 484 | ||||
Zhejiang Hangmin Co. Ltd. Class A (XSSC) | 607,439 | 482 | ||||
Macrolink Culturaltainment Development Co. Ltd. Class A (XSHE) | 1,056,632 | 482 | ||||
Shandong Meichen Ecology & Environment Co. Ltd. Class A | 900,720 | 482 | ||||
* | Advanced Technology & Materials Co. Ltd. Class A (XSHE) | 501,000 | 481 | |||
Fujian Snowman Co. Ltd. Class A | 568,668 | 480 | ||||
Shanghai Kehua Bio-Engineering Co. Ltd. Class A (XSEC) | 160,900 | 480 | ||||
Aerospace Hi-Tech Holdings Grp Ltd. Class A (XSHE) | 326,020 | 479 | ||||
* | Tibet Summit Resources Co. Ltd. Class A (XSHG) | 399,825 | 479 | |||
Guangdong HEC Technology Holding Co. Ltd. Class A (XSSC) | 560,960 | 478 | ||||
Mayinglong Pharmaceutical Group Co. Ltd. Class A (XSSC) | 149,726 | 477 | ||||
Zhejiang Juhua Co. Ltd. Class A (XSHG) | 478,140 | 477 | ||||
* | Dezhan Healthcare Co. Ltd. Class A | 516,522 | 475 | |||
Hangzhou Advance Gearbox Group Co. Ltd. Class A | 389,709 | 475 | ||||
Harbin Hatou Investment Co. Ltd. Class A | 498,900 | 474 | ||||
Bros Eastern Co. Ltd. Class A (XSHG) | 778,810 | 474 | ||||
Jiangsu Lihua Animal Husbandry Stock Co. Ltd. Class A | 89,400 | 474 | ||||
* | Changchun Gas Co. Ltd. Class A | 741,500 | 473 | |||
Oceanwide Holdings Co. Ltd. Class A (XSEC) | 767,000 | 472 | ||||
STO Express Co. Ltd. Class A (XSEC) | 223,899 | 472 | ||||
* | Fangda Carbon New Material Co. Ltd. Class A (XSHG) | 502,517 | 472 | |||
* | Shenzhen Fountain Corp. Class A | 1,246,200 | 472 | |||
V V Food & Beverage Co. Ltd. Class A (XSHG) | 905,902 | 471 | ||||
Create Technology & Science Co. Ltd. Class A | 385,756 | 471 | ||||
Zhejiang Talent Television & Film Co. Ltd. Class A | 384,776 | 470 | ||||
Sichuan Meifeng Chemical IND Class A | 639,651 | 468 | ||||
Konka Group Co. Ltd. Class A (XSHE) | 535,900 | 468 | ||||
Ciwen Media Co. Ltd. | 457,009 | 468 | ||||
Wenfeng Great World Chain Development Corp. Class A (XSSC) | 1,018,013 | 468 | ||||
Ningbo Huaxiang Electronic Co. Ltd. Class A (XSEC) | 191,100 | 467 | ||||
Poly Union Chemical Holding Group Co. Ltd. Class A | 454,501 | 467 | ||||
CITIC Guoan Information Industry Co. Ltd. Class A (XSEC) | 1,207,220 | 465 | ||||
Rongan Property Co. Ltd. Class A (XSEC) | 1,194,572 | 465 | ||||
Changjiang & Jinggong Steel Building Group Co. Ltd. Class A (XSHG) | 590,400 | 464 | ||||
Zhejiang Crystal-Optech Co. Ltd. Class A (XSEC) | 241,898 | 462 | ||||
Hand Enterprise Solutions Co. Ltd. Class A (XSHE) | 327,100 | 462 |
Shares | Market Value ($000) | |||||
Everyday Network Co. Ltd. Class A | 206,800 | 462 | ||||
China Television Media Ltd. Class A (XSHG) | 289,800 | 461 | ||||
China Nonferrous Metal Industry's Foreign Engineering & Construction Co. Ltd. Class A (XSEC) | 713,400 | 460 | ||||
Guangzhou Grandbuy Co. Ltd. Class A | 330,767 | 460 | ||||
Simei Media Co. Ltd. Class A | 545,937 | 460 | ||||
Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd. Class A (XSEC) | 50,700 | 459 | ||||
Jizhong Energy Resources Co. Ltd. Class A (XSEC) | 862,600 | 457 | ||||
Gansu Jingyuan Coal Industry & Electricity Power Co. Ltd. Class A | 1,143,986 | 457 | ||||
Guangdong Anjubao Digital Technology Co. Ltd. Class A | 298,900 | 457 | ||||
ZYNP Corp. Class A | 522,900 | 456 | ||||
Caitong Securities Co. Ltd. Class A (XSSC) | 235,900 | 454 | ||||
Kinghand Industrial Investment Co. Ltd. Class A | 751,700 | 454 | ||||
Tangshan Sanyou Chemical Industries Co. Ltd. Class A (XSHG) | 435,200 | 454 | ||||
* | H&R Century Union Corp. Class A | 974,676 | 453 | |||
Shinva Medical Instrument Co. Ltd. Class A | 184,248 | 453 | ||||
Zhejiang Communications Technology Co. Ltd. (XSHE) | 568,700 | 453 | ||||
Shenzhen Hongtao Group Co. Ltd. Class A | 1,043,260 | 453 | ||||
Shenzhen Tellus Holding Co. Ltd. Class A (XSHE) | 159,510 | 452 | ||||
Shandong Polymer Biochemicals Co. Ltd. Class A | 587,400 | 452 | ||||
* | Hainan Mining Co. Ltd. Class A (XSHG) | 586,500 | 452 | |||
Shijiazhuang Changshan BeiMing Technology Co. Ltd. Class A (XSEC) | 442,000 | 451 | ||||
Tianjin Tianbao Infrastructure Co. Ltd. Class A | 973,611 | 450 | ||||
Ledman Optoelectronic Co. Ltd. Class A | 339,700 | 450 | ||||
Chongqing Water Group Co. Ltd. Class A (XSHG) | 575,000 | 449 | ||||
Shanghai Baosight Software Co. Ltd. Class A (XSSC) | 47,300 | 449 | ||||
Suzhou Anjie Technology Co. Ltd. Class A (XSEC) | 150,460 | 448 | ||||
* | Ningbo Bird Co. Ltd. Class A | 774,100 | 448 | |||
BeijingHualian Hypermarket Co. Ltd. Class A | 694,945 | 447 | ||||
Wolong Real Estate Group Co. Ltd. Class A (XSSC) | 662,901 | 447 | ||||
Shenzhen Ysstech Info-tech Co. Ltd. Class A (XSEC) | 235,000 | 446 | ||||
China Railway Tielong Container Logistics Co. Ltd. Class A (XSSC) | 597,800 | 446 | ||||
Shanghai Maling Aquarius Co. Ltd. Class A (XSHG) | 323,200 | 446 | ||||
Shenzhen ESUN Display Co. Ltd. Class A | 136,426 | 446 | ||||
* | Shenzhen Huakong SEG Co. Ltd. Class A | 966,000 | 445 | |||
Henan Zhongyuan Expressway Co. Ltd. Class A (XSHG) | 876,400 | 445 | ||||
* | Shanghai Dragon Corp. Class A | 459,900 | 445 | |||
CITIC Heavy Industries Co. Ltd. Class A (XSSC) | 831,227 | 445 | ||||
Do-Fluoride Chemicals Co. Ltd. Class A (XSEC) | 201,400 | 444 | ||||
Bank of Jiangsu Co. Ltd. Class A (XSSC) | 493,700 | 443 | ||||
Baotou Huazi Industry Co. Ltd. Class A | 606,000 | 442 | ||||
Top Resource Conservation & Environment Corp. Class A | 518,300 | 442 | ||||
Dongfeng Electronic Technology Co. Ltd. Class A (XSSC) | 248,888 | 442 | ||||
* | Guangdong Huatie Tongda High-speed Railway Equipment Corp. Class A (XSEC) | 515,756 | 441 | |||
* | Xining Special Steel Co. Ltd. Class A | 979,800 | 440 | |||
* | Shanghai Lonyer Fuels Co. Ltd. Class A | 381,500 | 440 | |||
Tianjin Benefo Tejing Electric Co. Ltd. Class A (XSSC) | 602,466 | 440 | ||||
Anhui Expressway Co. Ltd. Class A | 552,983 | 439 | ||||
Tunghsu Azure Renewable Energy Co. Ltd. Class A (XSEC) | 928,500 | 439 | ||||
Xiamen Kingdomway Group Co. Class A (XSEC) | 77,600 | 439 | ||||
* | Jilin Zixin Pharmaceutical Industrial Co. Ltd. Class A (XSHE) | 833,200 | 439 | |||
Hangzhou Jiebai Group Co. Ltd. Class A (XSSC) | 490,657 | 437 | ||||
Shanghai Join Buy Co. Ltd. Class A | 421,900 | 437 | ||||
* | Bode Energy Equipment Co. Ltd. Class A | 260,758 | 436 |
Shares | Market Value ($000) | |||||
Shandong Sunway Petrochemical Engineering Co. Ltd. Class A | 577,700 | 436 | ||||
* | Sichuan Xun You Network Technology Co. Ltd. Class A (XSHE) | 152,900 | 436 | |||
Guangzhou Shangpin Home Collection Co. Ltd. Class A (XSEC) | 46,662 | 435 | ||||
* | Guangdong Orient Zirconic Ind Sci & Tech Co. Ltd. Class A | 553,600 | 434 | |||
Accelink Technologies Co. Ltd. Class A (XSEC) | 92,200 | 433 | ||||
Zhejiang Founder Motor Co. Ltd. Class A | 418,986 | 433 | ||||
Maanshan Iron & Steel Co. Ltd. Class A (XSHG) | 1,120,600 | 432 | ||||
China Animal Husbandry Industry Co. Ltd. Class A (XSSC) | 201,768 | 432 | ||||
Shaanxi Broadcast & TV Network Intermediary Group Co. Ltd. Class A (XSSC) | 416,916 | 431 | ||||
Greattown Holdings Ltd. Class A (XSSC) | 546,421 | 430 | ||||
* | New Huadu Supercenter Co. Ltd. Class A | 589,800 | 430 | |||
China Zhenhua Group Science & Technology Co. Ltd. Class A (XSEC) | 68,600 | 429 | ||||
Kunshan Kersen Science & Technology Co. Ltd. Class A (XSHG) | 177,968 | 427 | ||||
Red Star Macalline Group Corp. Ltd. Class A | 305,030 | 425 | ||||
Shanghai New World Co. Ltd. Class A (XSHG) | 317,000 | 425 | ||||
Jinduicheng Molybdenum Co. Ltd. Class A (XSHG) | 501,200 | 425 | ||||
Sinochem International Corp. Class A (XSHG) | 539,110 | 422 | ||||
Shanghai New World Co. Ltd. Class A (XSSC) | 314,400 | 422 | ||||
Changzhou Tronly New Electronic Materials Co. Ltd. Class A (XSHE) | 164,114 | 421 | ||||
Jangho Group Co. Ltd. Class A (XSHG) | 488,200 | 420 | ||||
Triumph Science & Technology Co. Ltd. Class A (XSHG) | 465,200 | 418 | ||||
* | Chengdu Xinzhu Road&Bridge Machinery Co. Ltd. Class A | 614,114 | 418 | |||
CSSC Offshore & Marine Engineering Group Co. Ltd. Class A (XSHG) | 107,500 | 417 | ||||
Shenzhen Selen Science & Technology Co. Ltd. Class A | 656,700 | 417 | ||||
China Wafer Level CSP Co. Ltd. Class A (XSSC) | 41,758 | 417 | ||||
Shenzhen Kinwong Electronic Co. Ltd. Class A (XSSC) | 86,772 | 416 | ||||
China Oil HBP Science & Technology Co. Ltd. Class A | 1,184,212 | 416 | ||||
Zoomlion Heavy Industry Science & Technology Co. Ltd. Class A (XSEC) | 374,400 | 415 | ||||
MYS Group Co. Ltd. Class A (XSEC) | 628,125 | 413 | ||||
Hangzhou Sunyard System Engineering Co. Ltd. Class A (XSSC) | 334,854 | 411 | ||||
Shenzhen Danbond Technology Co. Ltd. Class A (XSHE) | 446,643 | 410 | ||||
Zhejiang Aokang Shoes Co. Ltd. Class A | 359,876 | 409 | ||||
Shanghai Yanhua Smartech Group Co. Ltd. Class A | 704,400 | 408 | ||||
Sansheng Intellectual Education Technology Co. Ltd. Class A | 453,037 | 408 | ||||
North Huajin Chemical Industries Co. Ltd. Class A (XSEC) | 546,600 | 407 | ||||
Hubei Broadcasting & Television Information Network Co. Ltd. Class A (XSHE) | 521,920 | 407 | ||||
Shenzhen Jieshun Science & Technology Industry Co. Ltd. Class A (XSEC) | 249,626 | 406 | ||||
Tibet Urban Development & Investment Co. Ltd. Class A (XSHG) | 488,170 | 403 | ||||
Beijing Philisense Technology Co. Ltd. Class A (XSEC) | 492,033 | 402 | ||||
V V Food & Beverage Co. Ltd. Class A (XSSC) | 772,770 | 402 | ||||
Henan Huanghe Whirlwind Co. Ltd. Class A (XSHG) | 764,600 | 400 | ||||
3 | Sinoma International Engineering Co. Class A (XSHG) | 361,650 | 400 | |||
Western Region Gold Co. Ltd. Class A (XSHG) | 194,400 | 399 | ||||
Beijing Zhong Ke San Huan High-Tech Co. Ltd. Class A (XSEC) | 292,000 | 397 | ||||
China CYTS Tours Holding Co. Ltd. Class A (XSHG) | 269,300 | 397 | ||||
Luxin Venture Capital Group Co. Ltd. Class A (XSSC) | 165,708 | 397 |
Shares | Market Value ($000) | |||||
Aerosun Corp. Class A (XSSC) | 276,162 | 397 | ||||
Beijing Capital Development Co. Ltd. Class A (XSHG) | 428,652 | 396 | ||||
Qianhe Condiment & Food Co. Ltd. Class A (XSSC) | 69,100 | 395 | ||||
Gree Real Estate Co. Ltd. Class A (XSHG) | 271,320 | 393 | ||||
Zhuzhou Times New Material Technology Co. Ltd. Class A | 394,800 | 393 | ||||
Maoming Petro-Chemical Shihua Co. Ltd. Class A | 642,709 | 392 | ||||
Beijing Teamsun Technology Co. Ltd. Class A (XSHG) | 271,420 | 392 | ||||
Guangzhou Zhiguang Electric Co. Ltd. Class A (XSEC) | 377,400 | 392 | ||||
Bros Eastern Co. Ltd. Class A (XSSC) | 644,479 | 392 | ||||
KPC Pharmaceuticals Inc. Class A (XSHG) | 280,088 | 388 | ||||
Chongqing Sansheng Industrial Co. Ltd. Class A | 386,400 | 388 | ||||
* | Qingdao Kingking Applied Chemistry Co. Ltd. Class A | 680,270 | 387 | |||
Infund Holding Co. Ltd. | 1,027,334 | 387 | ||||
Guangzhou Zhiguang Electric Co. Ltd. Class A (XSHE) | 372,300 | 387 | ||||
* | Zhejiang Yongtai Technology Co. Ltd. Class A (XSEC) | 288,087 | 386 | |||
Jishi Media Co. Ltd. Class A (XSSC) | 1,259,300 | 386 | ||||
Beijing Hualian Department Store Co. Ltd. Class A (XSHE) | 1,344,700 | 384 | ||||
Suzhou New District Hi-Tech Industrial Co. Ltd. Class A (XSHG) | 534,800 | 384 | ||||
Shenzhen Batian Ecotypic Engineering Co. Ltd. Class A (XSHE) | 651,251 | 384 | ||||
Shenzhen Silver Basis Technology Co. Ltd. Class A | 355,546 | 384 | ||||
CECEP Solar Energy Co. Ltd. Class A (XSEC) | 565,900 | 382 | ||||
Jiangsu Chengxing Phosph-Chemicals Co. Ltd. Class A | 603,433 | 382 | ||||
Shanghai Zhezhong Group Co. Ltd. Class A | 251,700 | 382 | ||||
Sichuan Kelun Pharmaceutical Co. Ltd. Class A (XSEC) | 108,400 | 380 | ||||
* | Guangzhou Great Power Energy & Technology Co. Ltd. Class A (XSEC) | 130,950 | 380 | |||
Xinjiang Xuefeng Sci-Tech Group Co. Ltd. Class A | 649,200 | 380 | ||||
* | Advanced Technology & Materials Co. Ltd. Class A (XSEC) | 393,500 | 378 | |||
* | Zhejiang Sunriver Culture Co. Ltd. Class A | 666,570 | 378 | |||
Zhejiang Yatai Pharmaceutical Co. Ltd. Class A | 537,700 | 375 | ||||
Jiangmen Kanhoo Industry Co. Ltd. Class A | 206,117 | 375 | ||||
Shandong Chenming Paper Holdings Ltd. Class A (XSEC) | 474,741 | 374 | ||||
Kunwu Jiuding Investment Holdings Co. Ltd. Class A (XSSC) | 106,168 | 372 | ||||
Xinfengming Group Co. Ltd. Class A (XSSC) | 243,655 | 371 | ||||
Tongling Nonferrous Metals Group Co. Ltd. Class A (XSEC) | 1,138,900 | 370 | ||||
Fujian Longking Co. Ltd. Class A (XSHG) | 245,222 | 370 | ||||
Guangzhou Baiyun International Airport Co. Ltd. Class A (XSSC) | 196,466 | 369 | ||||
Shanghai Jinjiang International Industrial Investment Co. Ltd. Class A (XSSC) | 280,900 | 369 | ||||
Zhejiang Yankon Group Co. Ltd. Class A | 625,675 | 368 | ||||
Keda Industrial Group Co. Ltd. (XSHG) | 591,200 | 368 | ||||
Xinjiang Joinworld Co. Ltd. Class A (XSHG) | 446,160 | 368 | ||||
Jinxi Axle Co. Ltd. Class A (XSHG) | 640,800 | 368 | ||||
* | Ligeance Aerospace Technology Co. Ltd. Class A (XSEC) | 262,000 | 368 | |||
Renhe Pharmacy Co. Ltd. Class A (XSEC) | 381,501 | 367 | ||||
Henan Rebecca Hair Products Co. Ltd. Class A (XSSC) | 851,887 | 367 | ||||
Zhejiang Hangmin Co. Ltd. Class A (XSHG) | 461,245 | 366 | ||||
Suning Universal Co. Ltd. Class A (XSEC) | 796,549 | 365 | ||||
Sino-Platinum Metals Co. Ltd. Class A (XSHG) | 114,075 | 365 | ||||
Shanghai Huayi Group Co. Ltd. Class A (XSHG) | 449,976 | 365 | ||||
Zhejiang Ming Jewelry Co. Ltd. Class A | 531,500 | 365 | ||||
Citychamp Dartong Co. Ltd. Class A (XSHG) | 668,700 | 364 | ||||
Harbin Pharmaceutical Group Co. Ltd. Class A (XSHG) | 739,354 | 363 | ||||
Jiangxi Lianchuang Optoelectronic Science & Technology Co. Ltd. Class A (XSHG) | 98,300 | 362 | ||||
Changzheng Engineering Co. Ltd. Class A (XSSC) | 223,016 | 362 | ||||
Chongqing Dima Industry Co. Ltd. Class A (XSHG) | 868,700 | 359 |
Shares | Market Value ($000) | |||||
Sichuan Languang Development Co. Ltd. Class A (XSSC) | 484,272 | 358 | ||||
Beijing Jingyuntong Technology Co. Ltd. Class A (XSHG) | 450,160 | 357 | ||||
Jiangsu Wanlin Modern Logistics Co. Ltd. Class A | 668,980 | 357 | ||||
Sichuan Shuangma Cement Co. Ltd. Class A (XSEC) | 182,100 | 356 | ||||
Dalian Huarui Heavy Industry Group Co. Ltd. Class A (XSHE) | 683,920 | 356 | ||||
Zhejiang JIULI Hi-tech Metals Co. Ltd. Class A (XSEC) | 232,200 | 355 | ||||
Guangdong Rongtai Industry Co. Ltd. Class A | 649,300 | 355 | ||||
Venustech Group Inc. Class A (XSEC) | 76,500 | 354 | ||||
Qinhuangdao Port Co. Ltd. Class A (XSSC) | 931,800 | 354 | ||||
EGing Photovoltaic Technology Co. Ltd. Class A (XSSC) | 579,174 | 354 | ||||
Nanjing King-Friend Biochemical Pharmaceutical Co. Ltd. Class A (XSSC) | 60,190 | 353 | ||||
Tianjin Benefo Tejing Electric Co. Ltd. Class A (XSHG) | 481,300 | 352 | ||||
Ningbo David Medical Device Co. Ltd. Class A (XSHE) | 94,800 | 351 | ||||
Realcan Pharmaceutical Group Co. Ltd. Class A (XSEC) | 420,100 | 350 | ||||
Xiamen Tungsten Co. Ltd. Class A (XSHG) | 174,200 | 350 | ||||
* | Datong Coal Industry Co. Ltd. Class A (XSSC) | 497,400 | 349 | |||
Guangxi Guidong Electric Power Co. Ltd. Class A (XSHG) | 616,200 | 349 | ||||
Guomai Technologies Inc. Class A (XSEC) | 287,886 | 348 | ||||
Hangzhou Zhongheng Electric Co. Ltd. Class A (XSEC) | 225,600 | 348 | ||||
Befar Group Co. Ltd. Class A (XSSC) | 439,492 | 348 | ||||
Xiamen ITG Group Corp. Ltd. Class A (XSHG) | 348,100 | 348 | ||||
Yantai Eddie Precision Machinery Co. Ltd. Class A (XSSC) | 45,400 | 347 | ||||
Henan Huanghe Whirlwind Co. Ltd. Class A (XSSC) | 664,380 | 347 | ||||
Keda Industrial Group Co. Ltd. (XSSC) | 554,600 | 345 | ||||
China National Complete Plant Import & Export Corp. Ltd. Class A | 271,475 | 345 | ||||
Bingshan Refrigeration & Heat Transfer Technologies Co. Ltd. | 1,703,475 | 344 | ||||
Skyworth Digital Co. Ltd. Class A (XSEC) | 262,900 | 343 | ||||
* | Saurer Intelligent Technology Co. Ltd. Class A | 449,600 | 343 | |||
Huadian Heavy Industries Co. Ltd. Class A (XSSC) | 604,909 | 343 | ||||
Shandong Yisheng Livestock & Poultry Breeding Co. Ltd. Class A (XSEC) | 210,700 | 342 | ||||
Sino Wealth Electronic Ltd. Class A (XSEC) | 66,918 | 342 | ||||
* | China Tungsten & Hightech Materials Co. Ltd. Class A | 363,860 | 341 | |||
Tianjin ZhongXin Pharmaceutical Group Corp. Ltd. Class A (XSHG) | 141,500 | 339 | ||||
Rastar Group Class A | 558,700 | 339 | ||||
China Railway Tielong Container Logistics Co. Ltd. Class A (XSHG) | 450,150 | 336 | ||||
* | MCC Meili Cloud Computing Industry Investment Co. Ltd. Class A | 399,728 | 336 | |||
* | Liuzhou Liangmianzhen Co. Ltd. Class A | 521,593 | 336 | |||
Shenzhen Noposion Agrochemicals Co. Ltd. Class A (XSHE) | 383,200 | 336 | ||||
China Grand Automotive Services Group Co. Ltd. Class A (XSHG) | 640,770 | 335 | ||||
Jiangsu Linyang Energy Co. Ltd. Class A (XSHG) | 284,900 | 335 | ||||
Qtone Education Group Guandong Ltd. Class A (XSEC) | 296,692 | 335 | ||||
HY Energy Group Co. Ltd. Class A (XSSC) | 342,841 | 334 | ||||
Huaxin Cement Co. Ltd. Class A (XSHG) | 92,260 | 334 | ||||
China International Marine Containers Group Co. Ltd. Class A (XSEC) | 187,700 | 333 | ||||
Long Yuan Construction Group Co. Ltd. Class A (XSHG) | 281,700 | 333 | ||||
Zhejiang Daily Digital Culture Group Co. Ltd. Class A (XSSC) | 241,888 | 333 | ||||
Lucky Film Co. Class A (XSHG) | 309,500 | 332 | ||||
Shanghai Belling Co. Ltd. Class A (XSHG) | 143,000 | 331 | ||||
Maoye Commercial Co. Ltd. Class A (XSHG) | 591,102 | 331 | ||||
Shanghai Baosight Software Co. Ltd. Class A (XSHG) | 34,900 | 331 |
Shares | Market Value ($000) | |||||
Jiangsu Phoenix Publishing & Media Corp. Ltd. Class A (XSHG) | 319,000 | 331 | ||||
China Molybdenum Co. Ltd. Class A (XSHG) | 558,700 | 331 | ||||
Jiangsu SINOJIT Wind Energy Technology Co. Ltd. Class A (XSSC) | 566,627 | 331 | ||||
Beijing Hualian Department Store Co. Ltd. Class A (XSEC) | 1,155,081 | 330 | ||||
Wolong Electric Group Co. Ltd. Class A (XSHG) | 180,200 | 330 | ||||
Zhuzhou Qianjin Pharmaceutical Co. Ltd. Class A (XSSC) | 252,760 | 330 | ||||
Huabao Flavours & Fragrances Co. Ltd. Class A (XSEC) | 42,321 | 329 | ||||
Founder Technology Group Corp. Class A (XSHG) | 533,300 | 329 | ||||
* | Mianyang Fulin Precision Machining Co. Ltd. Class A (XSEC) | 204,000 | 329 | |||
Macrolink Culturaltainment Development Co. Ltd. Class A (XSEC) | 718,242 | 328 | ||||
China Harzone Industry Corp. Ltd. Class A (XSHE) | 192,543 | 328 | ||||
JC Finance & Tax Interconnect Holdings Ltd. Class A (XSEC) | 250,100 | 327 | ||||
Huaren Pharmaceutical Co. Ltd. Class A (XSHE) | 363,900 | 327 | ||||
Alpha Group Class A (XSEC) | 339,300 | 326 | ||||
Zhejiang Wanliyang Co. Ltd. Class A (XSEC) | 186,300 | 325 | ||||
Guangxi Wuzhou Zhongheng Group Co. Ltd. Class A | 683,200 | 324 | ||||
Nanjing Iron & Steel Co. Ltd. Class A (XSSC) | 724,500 | 323 | ||||
* | Shaanxi Aerospace Power Hi-Tech Co. Ltd. Class A (XSSC) | 236,600 | 322 | |||
Sichuan Changhong Electric Co. Ltd. Class A (XSSC) | 787,438 | 322 | ||||
Chongqing Dima Industry Co. Ltd. Class A (XSSC) | 778,307 | 321 | ||||
Xiamen International Airport Co. Ltd. Class A (XSSC) | 122,555 | 320 | ||||
Avary Holding Shenzhen Co. Ltd. Class A (XSEC) | 43,500 | 319 | ||||
China World Trade Center Co. Ltd. Class A (XSHG) | 172,500 | 318 | ||||
Henan Senyuan Electric Co. Ltd. Class A (XSEC) | 427,000 | 317 | ||||
Rongan Property Co. Ltd. Class A (XSHE) | 814,200 | 317 | ||||
Lanzhou LS Heavy Equipment Co. Ltd. Class A (XSSC) | 489,203 | 317 | ||||
Beijing Forever Technology Co. Ltd. Class A (XSEC) | 171,600 | 316 | ||||
Zhongshan Broad Ocean Motor Co. Ltd. Class A (XSEC) | 542,300 | 316 | ||||
Avic Heavy Machinery Co. Ltd. Class A (XSHG) | 147,200 | 316 | ||||
Yueyang Forest & Paper Co. Ltd. Class A (XSSC) | 523,380 | 316 | ||||
China High Speed Railway Technology Co. Ltd. Class A (XSHE) | 782,197 | 315 | ||||
JCHX Mining Management Co. Ltd. Class A (XSSC) | 183,573 | 314 | ||||
Blue Sail Medical Co. Ltd. Class A (XSEC) | 87,564 | 312 | ||||
CMST Development Co. Ltd. Class A (XSHG) | 467,300 | 312 | ||||
Chengdu CORPRO Technology Co. Ltd. Class A (XSHE) | 128,600 | 312 | ||||
Wuxi Taiji Industry Co. Ltd. Class A (XSHG) | 204,420 | 311 | ||||
Julong Co. Ltd. Class A (XSHE) | 191,900 | 311 | ||||
* | Tibet Summit Resources Co. Ltd. Class A (XSSC) | 258,032 | 309 | |||
Time Publishing & Media Co. Ltd. Class A (XSHG) | 261,200 | 309 | ||||
Shanghai New Huang Pu Industrial Group Co. Ltd. Class A (XSSC) | 294,716 | 309 | ||||
* | AECC Aero Science & Technology Co. Ltd. Class A (XSSC) | 103,600 | 309 | |||
Jiangsu Phoenix Property Investment Co. Ltd. Class A (XSSC) | 533,520 | 309 | ||||
Luolai Lifestyle Technology Co. Ltd. Class A (XSEC) | 159,604 | 307 | ||||
Guizhou Gas Group Corp. Ltd. Class A (XSSC) | 184,400 | 305 | ||||
Misho Ecology & Landscape Co. Ltd. Class A | 266,900 | 304 | ||||
Wuxi Commercial Mansion Grand Orient Co. Ltd. Class A (XSHG) | 558,122 | 303 | ||||
Inner Mongolia First Machinery Group Co. Ltd. Class A (XSSC) | 186,400 | 302 | ||||
* | China Hi-Tech Group Co. Class A (XSHG) | 449,600 | 301 | |||
Sichuan Hebang Biotechnology Co. Ltd. Class A (XSHG) | 1,495,340 | 300 | ||||
Yueyang Xingchang Petrochemical Class A | 286,120 | 299 | ||||
Guangdong Sunwill Precising Plastic Co. Ltd. Class A | 618,660 | 299 | ||||
Sunny Loan Top Co. Ltd. Class A (XSSC) | 358,547 | 299 |
Shares | Market Value ($000) | |||||
Jiangsu Wuzhong Industrial Co. Class A (XSSC) | 359,939 | 298 | ||||
Shenzhen Noposion Agrochemicals Co. Ltd. Class A (XSEC) | 338,500 | 297 | ||||
Jiangsu Wuzhong Industrial Co. Class A (XSHG) | 358,400 | 297 | ||||
Hainan Poly Pharm Co. Ltd. Class A (XSEC) | 46,824 | 296 | ||||
Tianjin Capital Environmental Protection Group Co. Ltd. Class A (XSHG) | 294,500 | 296 | ||||
Canny Elevator Co. Ltd. Class A (XSEC) | 185,877 | 295 | ||||
Sichuan Yahua Industrial Group Co. Ltd. Class A (XSEC) | 152,100 | 294 | ||||
Zhuzhou Hongda Electronics Corp. Ltd. Class A (XSEC) | 40,800 | 293 | ||||
China Pacific Insurance Group Co. Ltd. Class A (XSHG) | 61,300 | 293 | ||||
Jiangsu Yueda Investment Co. Ltd. Class A (XSSC) | 486,700 | 293 | ||||
Tech-Bank Food Co. Ltd. Class A (XSEC) | 133,200 | 291 | ||||
Focused Photonics Hangzhou Inc. Class A (XSHE) | 143,400 | 290 | ||||
Guangdong Dongfang Precision Science & Technology Co. Ltd. Class A (XSEC) | 414,800 | 289 | ||||
Shanxi Blue Flame Holding Co. Ltd. Class A (XSHE) | 246,440 | 289 | ||||
Beijing Sifang Automation Co. Ltd. Class A (XSHG) | 266,300 | 289 | ||||
Jinxi Axle Co. Ltd. Class A (XSSC) | 501,211 | 288 | ||||
* | Qinghai Spring Medicinal Resources Technology Co. Ltd. Class A | 388,781 | 287 | |||
Zhejiang China Light & Textile Industrial City Group Co. Ltd. Class A (XSSC) | 615,704 | 287 | ||||
Dashang Co. Ltd. Class A | 84,700 | 286 | ||||
ENN Ecological Holdings Co. Ltd. Class A (XSSC) | 148,023 | 284 | ||||
China National Accord Medicines Corp. Ltd. Class A | 38,167 | 284 | ||||
Beijing Gehua CATV Network Co. Ltd. Class A (XSSC) | 173,800 | 284 | ||||
Tunghsu Azure Renewable Energy Co. Ltd. Class A (XSHE) | 597,100 | 283 | ||||
Time Publishing & Media Co. Ltd. Class A (XSSC) | 239,408 | 283 | ||||
Henan Senyuan Electric Co. Ltd. Class A (XSHE) | 379,562 | 282 | ||||
Ningxia Building Materials Group Co. Ltd. Class A (XSHG) | 129,000 | 280 | ||||
Haier Smart Home Co. Ltd. Class A (XSHG) | 75,300 | 280 | ||||
Henan Yuguang Gold & Lead Co. Ltd. Class A (XSSC) | 391,300 | 279 | ||||
Triumph Science & Technology Co. Ltd. Class A (XSSC) | 309,550 | 278 | ||||
* | Shanxi Guoxin Energy Corp. Ltd. Class A (XSHG) | 434,126 | 277 | |||
* | Sichuan Xun You Network Technology Co. Ltd. Class A (XSEC) | 97,194 | 277 | |||
Qinhuangdao Port Co. Ltd. Class A (XSHG) | 729,500 | 277 | ||||
Zhejiang Weixing New Building Materials Co. Ltd. Class A (XSEC) | 97,600 | 273 | ||||
* | Sinopec Shandong Taishan Petroleum Co. Ltd. Class A | 418,700 | 273 | |||
Shanghai Industrial Development Co. Ltd. Class A (XSHG) | 357,890 | 272 | ||||
Ningbo Sanxing Medical Electric Co. Ltd. Class A (XSHG) | 258,500 | 272 | ||||
PharmaBlock Sciences Nanjing Inc. Class A (XSEC) | 13,300 | 270 | ||||
Shenzhen Expressway Co. Ltd. Class A (XSHG) | 206,700 | 270 | ||||
Easysight Supply Chain Management Co. Ltd. Class A (XSSC) | 189,800 | 269 | ||||
Huafa Industrial Co. Ltd. Zhuhai Class A (XSHG) | 276,840 | 268 | ||||
Beijing Cisri-Gaona Materials & Technology Co. Ltd. Class A (XSEC) | 84,900 | 268 | ||||
Phoenix Media Investment Holdings Ltd. | 6,667,907 | 267 | ||||
Tangel Culture Co. Ltd. Class A | 416,600 | 267 | ||||
IReader Technology Co. Ltd. Class A (XSSC) | 68,700 | 264 | ||||
Huayi Brothers Media Corp. Class A (XSHE) | 397,100 | 264 | ||||
Telling Telecommunication Holding Co. Ltd. Class A (XSHE) | 257,000 | 263 | ||||
�� | Zhejiang Wanma Co. Ltd. Class A (XSEC) | 221,800 | 261 | |||
First Tractor Co. Ltd. Class H | 677,706 | 260 | ||||
*,1 | Ruhnn Holding Ltd. ADR | 110,762 | 260 | |||
Zhejiang Guyuelongshan Shaoxing Wine Co. Ltd. Class A (XSSC) | 195,598 | 260 |
Shares | Market Value ($000) | |||||
Shandong Publishing & Media Co. Ltd. Class A (XSSC) | 285,200 | 259 | ||||
Anhui Wanwei Updated High-Tech Material Industry Co. Ltd. Class A (XSHG) | 500,150 | 259 | ||||
CQ Pharmaceutical Holding Co. Ltd. Class A (XSEC) | 321,900 | 258 | ||||
Jiangsu SINOJIT Wind Energy Technology Co. Ltd. Class A (XSHG) | 441,600 | 258 | ||||
Hexing Electrical Co. Ltd. Class A (XSHG) | 120,021 | 258 | ||||
* | Zhonglu Co. Ltd. Class A (XSSC) | 189,037 | 258 | |||
Shaanxi Broadcast & TV Network Intermediary Group Co. Ltd. Class A (XSHG) | 248,200 | 257 | ||||
Black Peony Group Co. Ltd. Class A (XSHG) | 225,400 | 257 | ||||
Suzhou TFC Optical Communication Co. Ltd. Class A (XSEC) | 29,000 | 257 | ||||
Loncin Motor Co. Ltd. Class A (XSHG) | 448,250 | 255 | ||||
Xinyangfeng Agricultural Technology Co. Ltd. Class A (XSEC) | 139,800 | 253 | ||||
Henan Shenhuo Coal & Power Co. Ltd. Class A (XSEC) | 331,600 | 253 | ||||
Jiangsu Yueda Investment Co. Ltd. Class A (XSHG) | 417,600 | 251 | ||||
China Television Media Ltd. Class A (XSSC) | 155,437 | 247 | ||||
Grandjoy Holdings Group Co. Ltd. Class A (XSEC) | 359,500 | 245 | ||||
* | Lingyun Industrial Corp. Ltd. Class A (XSHG) | 178,724 | 244 | |||
Beijing Bashi Media Co. Ltd. Class A (XSSC) | 439,434 | 243 | ||||
Chengtun Mining Group Co. Ltd. Class A (XSHG) | 286,400 | 242 | ||||
Shandong Denghai Seeds Co. Ltd. Class A (XSEC) | 93,900 | 240 | ||||
Shuangliang Eco-Energy Systems Co. Ltd. Class A (XSHG) | 412,005 | 238 | ||||
COFCO Capital Holdings Co. Ltd. Class A (XSEC) | 165,800 | 238 | ||||
Shenzhen H&T Intelligent Control Co. Ltd. Class A (XSEC) | 94,200 | 237 | ||||
Jiangsu Phoenix Property Investment Co. Ltd. Class A (XSHG) | 409,000 | 237 | ||||
Guangdong Golden Dragon Development Inc. Class A (XSEC) | 114,600 | 236 | ||||
Camel Group Co. Ltd. Class A (XSHG) | 190,580 | 236 | ||||
Keda Group Co. Ltd. Class A (XSSC) | 315,140 | 235 | ||||
Lucky Film Co. Class A (XSSC) | 219,191 | 235 | ||||
Huadian Heavy Industries Co. Ltd. Class A (XSHG) | 414,676 | 235 | ||||
Hytera Communications Corp. Ltd. Class A (XSEC) | 219,500 | 234 | ||||
Jiangsu Zhangjiagang Rural Commercial Bank Co. Ltd. Class A (XSHE) | 270,600 | 234 | ||||
Shanghai Jiao Yun Co. Ltd. Class A (XSHG) | 293,500 | 233 | ||||
Shenzhen Batian Ecotypic Engineering Co. Ltd. Class A (XSEC) | 395,100 | 233 | ||||
Deluxe Family Co. Ltd. Class A (XSSC) | 437,436 | 233 | ||||
Zhejiang Orient Financial Holdings Group Co. Ltd. Class A (XSSC) | 223,500 | 232 | ||||
Zhejiang Jingxin Pharmaceutical Co. Ltd. Class A (XSEC) | 129,400 | 231 | ||||
Shenzhen Aisidi Co. Ltd. Class A (XSEC) | 188,800 | 229 | ||||
Jiangsu Kanion Pharmaceutical Co. Ltd. Class A (XSSC) | 121,218 | 229 | ||||
Fujian Expressway Development Co. Ltd. Class A (XSSC) | 581,218 | 229 | ||||
COSCO SHIPPING Development Co. Ltd. Class A (XSSC) | 730,576 | 228 | ||||
Hubei Broadcasting & Television Information Network Co. Ltd. Class A (XSEC) | 288,255 | 225 | ||||
Xiamen International Port Co. Ltd. Class H | 2,714,518 | 224 | ||||
Chongqing Zongshen Power Machinery Co. Ltd. Class A (XSEC) | 187,500 | 222 | ||||
CSG Holding Co. Ltd. Class A | 249,200 | 222 | ||||
Tibet Urban Development & Investment Co. Ltd. Class A (XSSC) | 267,344 | 221 | ||||
C&S Paper Co. Ltd. Class A (XSEC) | 72,800 | 220 | ||||
Hunan Er-Kang Pharmaceutical Co. Ltd. Class A (XSHE) | 291,100 | 220 | ||||
Guizhou Yibai Pharmaceutical Co. Ltd. Class A (XSSC) | 237,100 | 220 | ||||
Guangdong Tapai Group Co. Ltd. Class A (XSEC) | 110,900 | 218 |
Shares | Market Value ($000) | |||||
*,3 | Hua Han Health Industry Holdings Ltd. | 13,993,028 | 217 | |||
Shanghai Pudong Road & Bridge Construction Co. Ltd. Class A (XSHG) | 227,783 | 217 | ||||
Ningbo Yunsheng Co. Ltd. Class A (XSHG) | 232,740 | 216 | ||||
Hangzhou Jiebai Group Co. Ltd. Class A (XSHG) | 243,100 | 216 | ||||
Lomon Billions Group Co. Ltd. Class A (XSEC) | 58,100 | 215 | ||||
China Great Wall Securities Co. Ltd. Class A (XSEC) | 115,600 | 214 | ||||
Yabao Pharmaceutical Group Co. Ltd. Class A (XSHG) | 270,400 | 213 | ||||
China Coal Energy Co. Ltd. Class A (XSHG) | 361,900 | 213 | ||||
Shanghai Jinjiang International Industrial Investment Co. Ltd. Class A (XSHG) | 161,800 | 212 | ||||
Wenfeng Great World Chain Development Corp. Class A (XSHG) | 460,200 | 212 | ||||
Suzhou Chunxing Precision Mechanical Co. Ltd. Class A (XSEC) | 293,600 | 211 | ||||
Shanghai Qiangsheng Holding Co. Ltd. Class A (XSSC) | 168,000 | 209 | ||||
* | Jilin Zixin Pharmaceutical Industrial Co. Ltd. Class A (XSEC) | 393,700 | 208 | |||
* | Polaris Bay Group Co. Ltd. Class A (XSSC) | 118,400 | 208 | |||
Tian Di Science & Technology Co. Ltd. Class A (XSHG) | 456,100 | 207 | ||||
Talkweb Information System Co. Ltd. Class A (XSEC) | 199,607 | 207 | ||||
Yihua Healthcare Co. Ltd. Class A (XSHE) | 495,958 | 205 | ||||
*,2 | China Metal Resources Utilization Ltd. | 7,893,587 | 204 | |||
Guangzhou Automobile Group Co. Ltd. Class A (XSHG) | 100,920 | 203 | ||||
Hangxiao Steel Structure Co. Ltd. Class A (XSSC) | 324,200 | 202 | ||||
Orient International Enterprise Ltd. Class A | 151,800 | 201 | ||||
Zhuzhou Qianjin Pharmaceutical Co. Ltd. Class A (XSHG) | 153,960 | 201 | ||||
Jiangsu Zhangjiagang Rural Commercial Bank Co. Ltd. Class A (XSEC) | 231,000 | 200 | ||||
Beijing Bashi Media Co. Ltd. Class A (XSHG) | 362,236 | 200 | ||||
Tongding Interconnection Information Co. Ltd. Class A (XSEC) | 268,000 | 199 | ||||
3 | Aerospace Communications Holding Group Co. Ltd. Class A | 442,419 | 199 | |||
Shanghai Xinhua Media Co. Ltd. Class A (XSHG) | 226,400 | 197 | ||||
YanTai Shuangta Food Co. Ltd. Class A (XSEC) | 90,500 | 197 | ||||
263 Network Communications Co. Ltd. Class A (XSEC) | 194,200 | 196 | ||||
Hainan Ruize New Building Material Co. Ltd. Class A (XSEC) | 219,000 | 192 | ||||
China Enterprise Co. Ltd. Class A (XSSC) | 325,000 | 190 | ||||
Fuan Pharmaceutical Group Co. Ltd. Class A (XSEC) | 206,900 | 190 | ||||
Wolong Real Estate Group Co. Ltd. Class A (XSHG) | 280,100 | 189 | ||||
Jiangsu Jiangnan High Polymer Fiber Co. Ltd. Class A (XSHG) | 448,520 | 189 | ||||
Eoptolink Technology Inc. Ltd. Class A (XSEC) | 21,100 | 188 | ||||
Yihua Healthcare Co. Ltd. Class A (XSEC) | 452,475 | 187 | ||||
Changzheng Engineering Co. Ltd. Class A (XSHG) | 115,530 | 187 | ||||
Zhejiang Yasha Decoration Co. Ltd. Class A (XSEC) | 138,500 | 186 | ||||
Zhejiang Xinan Chemical Industrial Group Co. Ltd. Class A (XSHG) | 136,600 | 186 | ||||
Tianfeng Securities Co. Ltd. Class A (XSSC) | 209,400 | 184 | ||||
Jiangsu Etern Co. Ltd. Class A (XSSC) | 195,000 | 183 | ||||
Norinco International Cooperation Ltd. Class A | 168,845 | 183 | ||||
PCI-Suntek Technology Co. Ltd. Class A (XSSC) | 135,900 | 182 | ||||
Shenzhen Tellus Holding Co. Ltd. Class A (XSEC) | 64,297 | 182 | ||||
Ming Yang Smart Energy Group Ltd. Class A (XSSC) | 75,100 | 182 | ||||
Xinhuanet Co. Ltd. Class A (XSSC) | 67,400 | 182 | ||||
* | Taiyuan Heavy Industry Co. Ltd. Class A (XSHG) | 613,100 | 182 | |||
Changshu Fengfan Power Equipment Co. Ltd. Class A (XSHG) | 263,500 | 181 | ||||
Tianjin Development Holdings Ltd. | 990,025 | 177 | ||||
Shenzhen Megmeet Electrical Co. Ltd. Class A (XSEC) | 35,200 | 177 |
Shares | Market Value ($000) | |||||
Longmaster Information & Technology Co. Ltd. Class A (XSHE) | 82,600 | 176 | ||||
Anhui Xinhua Media Co. Ltd. Class A | 227,560 | 175 | ||||
Dalian Huarui Heavy Industry Group Co. Ltd. Class A (XSEC) | 331,600 | 173 | ||||
Toly Bread Co. Ltd. Class A (XSSC) | 18,100 | 172 | ||||
* | Hunan Dakang International Food & Agriculture Co. Ltd. Class A (XSEC) | 495,300 | 171 | |||
Shanghai Mechanical & Electrical Industry Co. Ltd. Class A (XSSC) | 60,430 | 171 | ||||
361 Degrees International Ltd. | 1,386,198 | 170 | ||||
BBMG Corp. Class A (XSHG) | 377,414 | 170 | ||||
Tongyu Communication Inc. Class A (XSEC) | 55,500 | 168 | ||||
Yanzhou Coal Mining Co. Ltd. Class A (XSHG) | 123,865 | 167 | ||||
EGing Photovoltaic Technology Co. Ltd. Class A (XSHG) | 271,800 | 166 | ||||
Beijing eGOVA Co. Ltd. Class A (XSHE) | 88,441 | 164 | ||||
Guangxi Liuzhou Pharmaceutical Co. Ltd. Class A (XSSC) | 46,620 | 163 | ||||
Yantai Zhenghai Magnetic Material Co. Ltd. Class A (XSEC) | 109,800 | 163 | ||||
* | Inner Mongolia Yuan Xing Energy Co. Ltd. Class A (XSEC) | 521,700 | 162 | |||
Guangzhou Pearl River Industrial Development Co. Ltd. Class A | 342,120 | 162 | ||||
CNNC Hua Yuan Titanium Dioxide Co. Ltd. Class A (XSEC) | 191,700 | 160 | ||||
Better Life Commercial Chain Share Co. Ltd. Class A (XSEC) | 94,200 | 159 | ||||
Hunan Aihua Group Co. Ltd. Class A (XSSC) | 42,200 | 159 | ||||
Shaanxi International Trust Co. Ltd. Class A (XSEC) | 298,400 | 158 | ||||
Inspur Software Co. Ltd. Class A (XSHG) | 64,900 | 158 | ||||
Wuxi Commercial Mansion Grand Orient Co. Ltd. Class A (XSSC) | 291,225 | 158 | ||||
Sichuan Tianyi Comheart Telecom Co. Ltd. Class A (XSEC) | 49,700 | 157 | ||||
Zhejiang Semir Garment Co. Ltd. Class A (XSEC) | 125,100 | 156 | ||||
Dongfeng Electronic Technology Co. Ltd. Class A (XSHG) | 86,000 | 153 | ||||
Shandong Jinjing Science & Technology Co. Ltd. Class A (XSHG) | 275,100 | 153 | ||||
Jiangsu Yoke Technology Co. Ltd. Class A (XSEC) | 20,100 | 152 | ||||
Guangxi Guidong Electric Power Co. Ltd. Class A (XSSC) | 267,700 | 152 | ||||
Bright Real Estate Group Co. Ltd. Class A (XSHG) | 388,531 | 152 | ||||
COSCO SHIPPING Energy Transportation Co. Ltd. Class A (XSHG) | 153,200 | 151 | ||||
* | Gem-Year Industrial Co. Ltd. Class A (XSHG) | 196,000 | 151 | |||
Baosheng Science & Technology Innovation Co. Ltd. Class A (XSHG) | 226,569 | 150 | ||||
Shenzhen Sunlord Electronics Co. Ltd. Class A (XSEC) | 38,500 | 149 | ||||
Guangzhou Zhujiang Brewery Co. Ltd. Class A (XSEC) | 100,200 | 147 | ||||
Shenzhen New Nanshan Holding Group Co. Ltd. Class A (XSEC) | 259,700 | 147 | ||||
Fujian Aonong Biological Technology Group Inc. Ltd. Class A (XSSC) | 72,280 | 147 | ||||
China Publishing & Media Co. Ltd. Class A (XSSC) | 191,600 | 145 | ||||
* | Goldenmax International Technology Ltd. Class A (XSEC) | 123,800 | 143 | |||
CGN Nuclear Technology Development Co. Ltd. Class A (XSEC) | 108,598 | 143 | ||||
Shandong Xiantan Co. Ltd. Class A (XSEC) | 83,900 | 143 | ||||
Sichuan EM Technology Co. Ltd. Class A (XSSC) | 97,800 | 143 | ||||
Tangrenshen Group Co. Ltd. Class A (XSEC) | 120,100 | 141 | ||||
Zhengzhou Sino Crystal Diamond Co. Ltd. Class A (XSHE) | 171,200 | 141 | ||||
Sichuan Expressway Co. Ltd. Class A (XSHG) | 284,100 | 140 | ||||
TangShan Port Group Co. Ltd. Class A (XSHG) | 391,248 | 140 | ||||
Shantou Dongfeng Printing Co. Ltd. Class A | 154,800 | 140 | ||||
Shenzhen Heungkong Holding Co. Ltd. Class A (XSHG) | 454,350 | 139 | ||||
Huayuan Property Co. Ltd. Class A (XSHG) | 440,570 | 138 |
Shares | Market Value ($000) | |||||
LianChuang Electronic Technology Co. Ltd. Class A (XSEC) | 90,700 | 137 | ||||
Hainan Strait Shipping Co. Ltd. Class A (XSEC) | 101,500 | 136 | ||||
Beijing Jingxi Culture & Tourism Co. Ltd. Class A (XSEC) | 143,200 | 136 | ||||
Shanghai Zijiang Enterprise Group Co. Ltd. Class A (XSHG) | 217,600 | 136 | ||||
Shandong Minhe Animal Husbandry Co. Ltd. Class A (XSEC) | 58,900 | 132 | ||||
Aerosun Corp. Class A (XSHG) | 90,800 | 131 | ||||
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd. Class A (XSHG) | 76,464 | 131 | ||||
Nanjing Panda Electronics Co. Ltd. Class A (XSHG) | 124,000 | 131 | ||||
Huafu Fashion Co. Ltd. Class A (XSEC) | 127,400 | 130 | ||||
Longshine Technology Group Co. Ltd. Class A (XSEC) | 52,000 | 130 | ||||
* | Innuovo Technology Co. Ltd. Class A (XSEC) | 158,700 | 130 | |||
Infore Environment Technology Group Co. Ltd. Class A (XSEC) | 105,300 | 128 | ||||
Qingdao Rural Commercial Bank Corp. Class A (XSEC) | 177,200 | 125 | ||||
Shenzhen Bauing Construction Holding Group Co. Ltd. Class A (XSEC) | 207,400 | 123 | ||||
Guangdong Ellington Electronics Technology Co. Ltd. Class A (XSHG) | 101,000 | 122 | ||||
Zhejiang NetSun Co. Ltd. Class A (XSEC) | 45,000 | 121 | ||||
Jointo Energy Investment Co. Ltd. Hebei Class A (XSEC) | 145,900 | 120 | ||||
Shanghai Tongji Science & Technology Industrial Co. Ltd. Class A (XSHG) | 93,600 | 119 | ||||
Shanghai Shenda Co. Ltd. Class A | 195,100 | 119 | ||||
Shenzhen Desay Battery Technology Co. Class A (XSEC) | 16,100 | 118 | ||||
Shenzhen Anche Technologies Co. Ltd. Class A (XSEC) | 18,400 | 118 | ||||
* | Hainan Mining Co. Ltd. Class A (XSSC) | 153,262 | 118 | |||
Beijing Jingneng Power Co. Ltd. Class A (XSHG) | 252,800 | 112 | ||||
Hangzhou Sunyard System Engineering Co. Ltd. Class A (XSHG) | 91,600 | 112 | ||||
Changzhou Qianhong Biopharma Co. Ltd. Class A (XSEC) | 171,350 | 111 | ||||
Sumavision Technologies Co. Ltd. Class A (XSEC) | 135,700 | 110 | ||||
HY Energy Group Co. Ltd. Class A (XSHG) | 112,600 | 110 | ||||
* | China Reform Health Management & Services Group Co. Ltd. Class A (XSEC) | 70,600 | 108 | |||
Guangdong Shenglu Telecommunication Tech Co. Ltd. Class A (XSEC) | 98,000 | 108 | ||||
China Bester Group Telecom Co. Ltd. Class A (XSSC) | 52,000 | 108 | ||||
Henan Rebecca Hair Products Co. Ltd. Class A (XSHG) | 247,320 | 107 | ||||
Fujian Longma Environmental Sanitation Equipment Co. Ltd. Class A (XSSC) | 34,300 | 106 | ||||
Shunfa Hengye Corp. Class A (XSEC) | 271,120 | 105 | ||||
JL Mag Rare-Earth Co. Ltd. Class A (XSEC) | 18,200 | 105 | ||||
Neway Valve Suzhou Co. Ltd. Class A (XSSC) | 48,721 | 105 | ||||
Beijing HualuBaina Film & TV Co. Ltd. Class A (XSEC) | 124,000 | 103 | ||||
Beijing Water Business Doctor Co. Ltd. Class A (XSHE) | 97,400 | 102 | ||||
Jiangsu Huaxicun Co. Ltd. Class A (XSEC) | 95,200 | 101 | ||||
YGSOFT Inc. Class A (XSEC) | 81,250 | 100 | ||||
Vatti Corp. Ltd. Class A (XSEC) | 73,700 | 99 | ||||
* | Minmetals Development Co. Ltd. Class A (XSSC) | 104,800 | 99 | |||
* | Wuhan P&S Information Technology Co. Ltd. Class A (XSEC) | 105,700 | 98 | |||
Jiangling Motors Corp. Ltd. Class A (XSEC) | 31,900 | 95 | ||||
Hybio Pharmaceutical Co. Ltd. Class A (XSHE) | 80,700 | 95 | ||||
Bank of Changsha Co. Ltd. Class A (XSSC) | 69,300 | 93 | ||||
CECEP Wind-Power Corp. Class A (XSHG) | 225,800 | 92 | ||||
Beijing North Star Co. Ltd. Class A (XSHG) | 247,700 | 89 | ||||
Kailuan Energy Chemical Co. Ltd. Class A (XSSC) | 121,600 | 89 | ||||
Xiwang Foodstuffs Co. Ltd. Class A (XSEC) | 106,164 | 88 |
Shares | Market Value ($000) | |||||
Huatai Securities Co. Ltd. Class A (XSHG) | 28,800 | 88 | ||||
HyUnion Holding Co. Ltd. Class A (XSEC) | 87,800 | 87 | ||||
Enjoyor Co. Ltd. Class A (XSHE) | 56,200 | 86 | ||||
Jinzhou Port Co. Ltd. Class A | 205,671 | 86 | ||||
Inzone Group Co. Ltd. Class A (XSSC) | 78,132 | 86 | ||||
Anhui Kouzi Distillery Co. Ltd. Class A (XSHG) | 10,400 | 85 | ||||
* | CCOOP Group Co. Ltd. Class A (XSEC) | 188,700 | 84 | |||
Lanzhou LS Heavy Equipment Co. Ltd. Class A (XSHG) | 129,885 | 84 | ||||
Goldcard Smart Group Co. Ltd. (XSEC) | 35,510 | 81 | ||||
Guangdong Dowstone Technology Co. Ltd. Class A (XSHE) | 36,700 | 81 | ||||
Qtone Education Group Guandong Ltd. Class A (XSHE) | 70,900 | 80 | ||||
Sunny Loan Top Co. Ltd. Class A (XSHG) | 94,700 | 79 | ||||
* | Xiamen 35.com Technology Co. Ltd. Class A | 75,500 | 79 | |||
* | Gansu Jiu Steel Group Hongxing Iron & Steel Co. Ltd. Class A (XSSC) | 348,000 | 79 | |||
Zhejiang Hisoar Pharmaceutical Co. Ltd. Class A (XSEC) | 67,400 | 78 | ||||
COSCO SHIPPING Development Co. Ltd. Class A (XSHG) | 242,900 | 76 | ||||
Shanghai Huayi Group Co. Ltd. Class A (XSSC) | 92,600 | 75 | ||||
* | China Calxon Group Co. Ltd. Class A (XSEC) | 109,448 | 73 | |||
Chongqing Brewery Co. Ltd. Class A (XSSC) | 4,600 | 73 | ||||
Zhejiang Garden Bio-Chemical High-tech Co. Ltd. Class A (XSEC) | 34,100 | 72 | ||||
Beijing VRV Software Corp. Ltd. Class A (XSEC) | 73,500 | 71 | ||||
* | HPGC Renmintongtai Pharmaceutical Corp. Class A (XSSC) | 69,000 | 71 | |||
* | Shanxi Guoxin Energy Corp. Ltd. Class A (XSSC) | 112,142 | 71 | |||
Bank of Qingdao Co. Ltd. Class A (XSEC) | 92,400 | 70 | ||||
Lingyuan Iron & Steel Co. Ltd. Class A | 218,470 | 70 | ||||
Zhejiang Meida Industrial Co. Ltd. Class A (XSEC) | 24,400 | 69 | ||||
Guangdong Shirongzhaoye Co. Ltd. Class A (XSEC) | 70,056 | 68 | ||||
Jiangsu Nhwa Pharmaceutical Co. Ltd. Class A (XSEC) | 29,000 | 68 | ||||
Anhui Hengyuan Coal Industry & Electricity Power Co. Ltd. Class A | 89,440 | 65 | ||||
China International Marine Containers Group Co. Ltd. Class A (XSHE) | 36,240 | 64 | ||||
Maoye International Holdings Ltd. | 1,457,831 | 59 | ||||
Luoniushan Co. Ltd. Class A (XSEC) | 40,200 | 58 | ||||
Changhong Meiling Co. Ltd. Class B | 231,154 | 57 | ||||
SPIC Yuanda Environmental-Protection Co. Ltd. Class A | 68,900 | 54 | ||||
Changchun Eurasia Group Co. Ltd. Class A | 22,341 | 50 | ||||
FinVolution Group ADR | 24,363 | 49 | ||||
Shenzhen Hepalink Pharmaceutical Group Co. Ltd. Class A (XSEC) | 15,700 | 47 | ||||
* | Shanghai Hongda Mining Co. Ltd. Class A (XSSC) | 27,800 | 47 | |||
Shenzhen Danbond Technology Co. Ltd. Class A (XSEC) | 49,200 | 45 | ||||
Shenzhen Das Intellitech Co. Ltd. Class A (XSEC) | 71,600 | 43 | ||||
Jinneng Science&Technology Co. Ltd. Class A (XSSC) | 23,300 | 43 | ||||
Shenzhen Center Power Tech Co. Ltd. Class A (XSEC) | 17,600 | 43 | ||||
Yunda Holding Co. Ltd. Class A (XSEC) | 14,427 | 42 | ||||
Jiangsu Zijin Rural Commercial Bank Co. Ltd. Class A (XSSC) | 71,500 | 42 | ||||
* | Shanghai Xinnanyang Only Education & Technology Co. Ltd. Class A (XSSC) | 19,087 | 40 | |||
* | Zai Lab Ltd. | 463 | 39 | |||
Guangzhou Holike Creative Home Co. Ltd. Class A (XSSC) | 14,800 | 35 | ||||
Zhejiang Weiming Environment Protection Co. Ltd. Class A (XSSC) | 10,400 | 34 | ||||
Shanghai Haixin Group Co. Class A | 32,500 | 34 | ||||
*,3 | Real Nutriceutical Group Ltd. | 1,315,000 | 34 | |||
* | Shanghai Xinnanyang Only Education & Technology Co. Ltd. Class A (XSHG) | 15,062 | 32 |
Shares | Market Value ($000) | |||||
COSCO SHIPPING Specialized Carriers Co. Ltd. Class A (XSSC) | 67,400 | 32 | ||||
Eastern Communications Co. Ltd. Class B | 63,500 | 28 | ||||
* | Zhonglu Co. Ltd. Class A (XSHG) | 19,300 | 26 | |||
Shanghai Pudong Road & Bridge Construction Co. Ltd. Class A (XSSC) | 15,741 | 15 | ||||
Shanghai Fudan Forward S & T Co. Ltd. Class A (XSSC) | 10,910 | 15 | ||||
* | China Hi-Tech Group Co. Class A (XSSC) | 16,500 | 11 | |||
*,3 | Shenwu Environmental Technology Co. Ltd. | 616,265 | 11 | |||
Guizhou Panjiang Refined Coal Co. Ltd. Class A (XSSC) | 9,700 | 9 | ||||
* | EverChina International Holdings Co. Ltd. | 263,420 | 6 | |||
*,3 | Legend Holdings Corp. Rights Exp. 12/31/2020 | 474,839 | — | |||
*,1,3 | Midas Holdings Ltd. | 202,000 | — | |||
*,1,3 | China Huishan Dairy Holdings Co. Ltd. | 70,679,103 | — | |||
Transfar Zhilian Co. Ltd. Class A | 622 | — | ||||
*,3 | Jiayuan International Group Ltd. Rights Exp. 01/31/2021 | 187,973 | — | |||
39,580,436 | ||||||
Colombia (0.3%) | ||||||
Bancolombia SA ADR | 1,473,788 | 37,567 | ||||
Interconexion Electrica SA ESP | 5,989,133 | 32,280 | ||||
Grupo Energia Bogota SA ESP | 36,294,866 | 22,506 | ||||
Ecopetrol SA | 39,691,902 | 18,367 | ||||
Grupo de Inversiones Suramericana SA | 3,269,048 | 16,977 | ||||
Bancolombia SA | 2,077,010 | 13,148 | ||||
1 | Ecopetrol SA ADR | 1,215,315 | 11,242 | |||
Grupo Argos SA | 4,080,760 | 11,197 | ||||
Grupo Aval Acciones y Valores SA Preference Shares | 45,657,260 | 10,499 | ||||
Bancolombia SA Preference Shares | 1,634,187 | 10,345 | ||||
* | Corp. Financiera Colombiana SA | 1,469,772 | 9,874 | |||
Banco Davivienda SA Preference Shares | 1,383,254 | 8,981 | ||||
Cementos Argos SA | 6,635,422 | 7,809 | ||||
Grupo de Inversiones Suramericana SA Preference Shares | 1,574,290 | 6,797 | ||||
1 | Grupo Aval Acciones y Valores SA ADR | 685,079 | 3,110 | |||
* | CEMEX Latam Holdings SA | 2,135,069 | 1,768 | |||
222,467 | ||||||
Czech Republic (0.1%) | ||||||
CEZ A/S | 2,124,062 | 40,201 | ||||
* | Komercni banka A/S | 1,004,712 | 20,402 | |||
2 | Moneta Money Bank A/S | 6,839,987 | 15,528 | |||
* | O2 Czech Republic A/S | 604,328 | 5,676 | |||
Philip Morris CR A/S | 6,097 | 3,538 | ||||
85,345 | ||||||
Egypt (0.1%) | ||||||
Commercial International Bank Egypt SAE | 18,104,151 | 70,766 | ||||
Egypt Kuwait Holding Co. SAE | 10,369,070 | 10,739 | ||||
Eastern Co. SAE | 13,152,315 | 9,963 | ||||
* | Egyptian Financial Group-Hermes Holding Co. | 9,238,916 | 7,296 | |||
Talaat Moustafa Group | 13,580,940 | 5,254 | ||||
ElSewedy Electric Co. | 9,949,183 | 4,656 | ||||
Telecom Egypt Co. | 4,931,977 | 3,702 | ||||
Six of October Development & Investment | 3,326,445 | 2,527 | ||||
Medinet Nasr Housing | 10,556,297 | 2,467 | ||||
Heliopolis Housing | 4,890,760 | 1,971 | ||||
* | Palm Hills Developments SAE | 20,332,470 | 1,716 | |||
* | Pioneers Holding for Financial Investments SAE | 6,728,617 | 1,600 | |||
Oriental Weavers | 3,372,486 | 1,340 | ||||
* | Alexandria Mineral Oils Co. | 7,445,166 | 1,130 | |||
125,127 |
Shares | Market Value ($000) | |||||
Greece (0.2%) | ||||||
Hellenic Telecommunications Organization SA | 3,114,475 | 41,303 | ||||
OPAP SA | 2,671,288 | 21,611 | ||||
JUMBO SA | 1,406,710 | 19,717 | ||||
Mytilineos SA | 1,437,324 | 15,770 | ||||
* | Eurobank Ergasias Services & Holdings SA | 34,489,567 | 11,534 | |||
* | Alpha Bank AE | 18,518,543 | 9,424 | |||
* | Public Power Corp. SA | 1,544,720 | 8,675 | |||
Terna Energy SA | 589,333 | 7,845 | ||||
* | National Bank of Greece SA | 7,354,353 | 7,745 | |||
Motor Oil Hellas Corinth Refineries SA | 750,585 | 7,018 | ||||
Athens Water Supply & Sewage Co. SA | 750,671 | 5,820 | ||||
* | LAMDA Development SA | 949,434 | 5,612 | |||
* | GEK Terna Holding Real Estate Construction SA | 718,901 | 4,863 | |||
Sarantis SA | 402,985 | 3,976 | ||||
Holding Co. ADMIE IPTO SA | 1,577,580 | 3,901 | ||||
Hellenic Petroleum SA | 790,447 | 3,877 | ||||
* | Piraeus Bank SA | 3,944,626 | 3,034 | |||
* | Ellaktor SA | 1,797,502 | 2,825 | |||
*,3 | FF Group | 496,942 | 2,778 | |||
Viohalco SA | 787,919 | 2,583 | ||||
* | Hellenic Exchanges - Athens Stock Exchange SA | 817,635 | 2,435 | |||
* | Fourlis Holdings SA | 595,885 | 2,301 | |||
* | Aegean Airlines SA | 28,650 | 89 | |||
194,736 | ||||||
Hong Kong (0.1%) | ||||||
China Grand Pharmaceutical & Healthcare Holdings Ltd. | 17,801,210 | 14,490 | ||||
*,1 | HengTen Networks Group Ltd. | 258,503,107 | 11,235 | |||
* | United Co. RUSAL International PJSC | 26,402,140 | 10,201 | |||
Gemdale Properties & Investment Corp. Ltd. | 64,774,000 | 10,060 | ||||
Yuexiu REIT | 17,072,000 | 7,881 | ||||
Zhongyu Gas Holdings Ltd. | 8,980,000 | 7,848 | ||||
*,3 | SMI Holdings Group Ltd. | 18,314,748 | 5,528 | |||
Skyfame Realty Holdings Ltd. | 40,393,804 | 5,321 | ||||
* | Zhuguang Holdings Group Co. Ltd. | 31,410,000 | 4,867 | |||
LVGEM China Real Estate Investment Co. Ltd. | 13,724,000 | 4,393 | ||||
1 | Tongda Group Holdings Ltd. | 48,471,919 | 2,634 | |||
Oshidori International Holdings Ltd. | 26,445,783 | 2,391 | ||||
*,3 | Tech Pro Technology Development Ltd. | 122,060,000 | 1,071 | |||
Dawnrays Pharmaceutical Holdings Ltd. | 2,152,515 | 245 | ||||
* | Landing International Development Ltd. | 4,268,400 | 119 | |||
88,284 | ||||||
Hungary (0.2%) | ||||||
* | OTP Bank Nyrt. | 3,126,861 | 97,541 | |||
Richter Gedeon Nyrt. | 1,874,948 | 38,282 | ||||
* | MOL Hungarian Oil & Gas plc | 5,962,962 | 28,956 | |||
Magyar Telekom Telecommunications plc | 5,328,966 | 5,873 | ||||
*,1 | Opus Global Nyrt. | 3,119,542 | 2,004 | |||
172,656 | ||||||
India (10.1%) | ||||||
Reliance Industries Ltd. | 40,953,865 | 1,135,437 | ||||
Infosys Ltd. | 47,361,544 | 678,556 | ||||
Housing Development Finance Corp. Ltd. | 22,857,025 | 592,985 | ||||
Tata Consultancy Services Ltd. | 12,214,584 | 440,219 | ||||
Hindustan Unilever Ltd. | 11,685,368 | 326,727 | ||||
* | Axis Bank Ltd. | 29,870,019 | 197,997 | |||
HCL Technologies Ltd. | 14,723,596 | 167,519 | ||||
Maruti Suzuki India Ltd. | 1,638,350 | 153,880 | ||||
Asian Paints Ltd. | 4,511,859 | 134,575 | ||||
Bharti Airtel Ltd. | 22,949,298 | 134,185 |
Shares | Market Value ($000) | |||||
Bajaj Finance Ltd. | 2,572,249 | 114,744 | ||||
* | ICICI Bank Ltd. | 20,579,529 | 108,249 | |||
UltraTech Cement Ltd. | 1,556,124 | 95,969 | ||||
Sun Pharmaceutical Industries Ltd. | 14,782,731 | 92,839 | ||||
ITC Ltd. | 40,025,126 | 89,445 | ||||
Nestle India Ltd. | 359,907 | 83,299 | ||||
Larsen & Toubro Ltd. | 6,018,080 | 75,401 | ||||
Mahindra & Mahindra Ltd. | 8,860,925 | 70,937 | ||||
*,2 | HDFC Life Insurance Co. Ltd. | 8,764,428 | 69,715 | |||
Tech Mahindra Ltd. | 6,285,164 | 69,206 | ||||
Titan Co. Ltd. | 4,210,720 | 66,273 | ||||
Bharat Petroleum Corp. Ltd. | 13,614,240 | 65,083 | ||||
*,2 | Avenue Supermarts Ltd. | 2,029,696 | 61,363 | |||
Wipro Ltd. | 13,034,761 | 59,777 | ||||
* | Adani Green Energy Ltd. | 5,151,297 | 59,499 | |||
Power Grid Corp. of India Ltd. | 24,992,062 | 57,672 | ||||
JSW Steel Ltd. | 13,522,048 | 56,472 | ||||
Divi's Laboratories Ltd. | 1,231,120 | 52,172 | ||||
Eicher Motors Ltd. | 1,812,920 | 51,021 | ||||
Cipla Ltd. | 4,985,957 | 50,733 | ||||
NTPC Ltd. | 42,699,773 | 50,454 | ||||
Adani Ports & Special Economic Zone Ltd. | 10,369,824 | 50,300 | ||||
Hero MotoCorp Ltd. | 1,327,927 | 50,099 | ||||
*,2 | SBI Life Insurance Co. Ltd. | 4,809,149 | 49,888 | |||
Dabur India Ltd. | 7,182,978 | 49,570 | ||||
Dr Reddy's Laboratories Ltd. | 733,177 | 48,296 | ||||
Britannia Industries Ltd. | 1,012,177 | 47,403 | ||||
Grasim Industries Ltd. | 4,403,923 | 46,236 | ||||
Bajaj Auto Ltd. | 1,176,631 | 45,836 | ||||
*,2 | ICICI Lombard General Insurance Co. Ltd. | 2,717,267 | 45,290 | |||
UPL Ltd. | 7,277,553 | 44,464 | ||||
Godrej Consumer Products Ltd. | 4,940,156 | 44,390 | ||||
* | State Bank of India | 17,202,265 | 43,828 | |||
*,2 | Bandhan Bank Ltd. | 10,424,795 | 40,536 | |||
Info Edge India Ltd. | 832,053 | 39,827 | ||||
Bajaj Finserv Ltd. | 517,797 | 38,912 | ||||
Aurobindo Pharma Ltd. | 3,597,935 | 37,495 | ||||
Lupin Ltd. | 3,032,202 | 37,184 | ||||
Apollo Hospitals Enterprise Ltd. | 1,298,361 | 37,115 | ||||
Oil & Natural Gas Corp. Ltd. | 41,194,307 | 36,066 | ||||
Shree Cement Ltd. | 120,545 | 35,282 | ||||
Tata Consumer Products Ltd. | 5,257,286 | 34,933 | ||||
Pidilite Industries Ltd. | 1,642,762 | 34,789 | ||||
Ambuja Cements Ltd. | 9,307,220 | 32,584 | ||||
Havells India Ltd. | 3,244,065 | 31,843 | ||||
Dr Reddy's Laboratories Ltd. ADR | 484,718 | 31,415 | ||||
Indian Oil Corp. Ltd. | 29,060,674 | 31,189 | ||||
Coal India Ltd. | 19,965,279 | 30,733 | ||||
Tata Steel Ltd. | 5,457,825 | 30,317 | ||||
Marico Ltd. | 6,111,702 | 29,430 | ||||
Bharti Infratel Ltd. | 11,671,546 | 29,204 | ||||
Jubilant Foodworks Ltd. | 981,817 | 28,795 | ||||
Zee Entertainment Enterprises Ltd. | 11,248,991 | 28,490 | ||||
Vedanta Ltd. | 21,730,985 | 28,110 | ||||
Hindalco Industries Ltd. | 12,172,299 | 28,086 | ||||
* | United Spirits Ltd. | 3,909,835 | 26,592 | |||
Berger Paints India Ltd. | 3,151,694 | 26,473 | ||||
* | Tata Motors Ltd. | 14,654,662 | 26,061 | |||
Indraprastha Gas Ltd. | 4,757,001 | 25,830 | ||||
Piramal Enterprises Ltd. | 1,418,214 | 24,128 | ||||
Petronet LNG Ltd. | 7,654,069 | 23,843 |
Shares | Market Value ($000) | |||||
Shriram Transport Finance Co. Ltd. | 2,533,926 | 23,691 | ||||
*,2 | InterGlobe Aviation Ltd. | 1,305,204 | 23,036 | |||
Wipro Ltd. ADR | 4,745,938 | 22,970 | ||||
* | Crompton Greaves Consumer Electricals Ltd. | 5,618,727 | 22,690 | |||
*,2 | ICICI Prudential Life Insurance Co. Ltd. | 4,153,676 | 22,595 | |||
PI Industries Ltd. | 747,605 | 22,149 | ||||
Muthoot Finance Ltd. | 1,308,927 | 21,732 | ||||
*,2 | AU Small Finance Bank Ltd. | 2,059,820 | 21,552 | |||
SBI Cards & Payment Services Ltd. | 1,956,541 | 21,102 | ||||
Hindustan Petroleum Corp. Ltd. | 8,315,019 | 21,062 | ||||
Trent Ltd. | 2,364,744 | 21,030 | ||||
* | Biocon Ltd. | 3,861,038 | 21,021 | |||
Siemens Ltd. | 1,152,758 | 19,706 | ||||
Balkrishna Industries Ltd. | 1,082,043 | 19,636 | ||||
Ipca Laboratories Ltd. | 621,788 | 19,402 | ||||
Torrent Pharmaceuticals Ltd. | 557,430 | 19,301 | ||||
Embassy Office Parks REIT | 4,117,000 | 19,117 | ||||
Colgate-Palmolive India Ltd. | 934,196 | 19,113 | ||||
Cadila Healthcare Ltd. | 3,339,315 | 18,819 | ||||
Mphasis Ltd. | 996,201 | 18,560 | ||||
Motherson Sumi Systems Ltd. | 12,872,337 | 18,318 | ||||
Page Industries Ltd. | 66,313 | 17,953 | ||||
DLF Ltd. | 8,300,305 | 17,710 | ||||
* | State Bank of India GDR | 684,132 | 17,370 | |||
2 | HDFC Asset Management Co. Ltd. | 569,183 | 17,273 | |||
Ashok Leyland Ltd. | 15,915,131 | 16,909 | ||||
GAIL India Ltd. | 14,735,429 | 16,838 | ||||
Adani Enterprises Ltd. | 3,555,119 | 16,337 | ||||
2 | Larsen & Toubro Infotech Ltd. | 397,856 | 15,699 | |||
Bharat Forge Ltd. | 2,521,661 | 15,335 | ||||
Bosch Ltd. | 95,440 | 14,921 | ||||
MRF Ltd. | 16,922 | 14,908 | ||||
Container Corp. of India Ltd. | 2,816,100 | 14,834 | ||||
Atul Ltd. | 182,324 | 14,774 | ||||
Manappuram Finance Ltd. | 7,039,143 | 14,748 | ||||
Natco Pharma Ltd. | 1,203,582 | 14,614 | ||||
2 | Dr Lal PathLabs Ltd. | 468,354 | 14,507 | |||
* | Max Financial Services Ltd. | 1,795,576 | 14,302 | |||
* | Jindal Steel & Power Ltd. | 5,368,612 | 13,913 | |||
* | Federal Bank Ltd. | 19,983,424 | 13,572 | |||
ACC Ltd. | 606,862 | 13,492 | ||||
* | Mahindra & Mahindra Financial Services Ltd. | 8,150,247 | 13,438 | |||
Dixon Technologies India Ltd. | 106,052 | 13,316 | ||||
* | IDFC First Bank Ltd. | 31,886,330 | 13,128 | |||
Oracle Financial Services Software Ltd. | 306,903 | 13,020 | ||||
LIC Housing Finance Ltd. | 3,372,156 | 12,864 | ||||
* | Vodafone Idea Ltd. | 109,051,398 | 12,861 | |||
Escorts Ltd. | 787,061 | 12,743 | ||||
Voltas Ltd. | 1,332,688 | 12,673 | ||||
REC Ltd. | 8,918,813 | 12,371 | ||||
Glenmark Pharmaceuticals Ltd. | 1,915,188 | 12,263 | ||||
AIA Engineering Ltd. | 525,676 | 12,036 | ||||
Kansai Nerolac Paints Ltd. | 1,734,240 | 12,034 | ||||
2 | RBL Bank Ltd. | 5,085,793 | 11,931 | |||
Alkem Laboratories Ltd. | 335,520 | 11,921 | ||||
Tata Communications Ltd. | 938,658 | 11,818 | ||||
Whirlpool of India Ltd. | 412,635 | 11,815 | ||||
2 | Laurus Labs Ltd. | 2,724,865 | 11,735 | |||
United Breweries Ltd. | 933,269 | 11,659 | ||||
* | Rajesh Exports Ltd. | 1,842,041 | 11,476 | |||
* | Godrej Properties Ltd. | 815,403 | 11,373 |
Shares | Market Value ($000) | |||||
Bajaj Holdings & Investment Ltd. | 361,738 | 11,254 | ||||
Bayer CropScience Ltd. | 151,866 | 11,162 | ||||
* | Fortis Healthcare Ltd. | 6,585,446 | 11,157 | |||
NMDC Ltd. | 9,963,556 | 11,078 | ||||
Supreme Industries Ltd. | 562,749 | 10,970 | ||||
SRF Ltd. | 184,176 | 10,970 | ||||
Power Finance Corp. Ltd. | 9,271,722 | 10,892 | ||||
Mindtree Ltd. | 585,245 | 10,510 | ||||
GlaxoSmithKline Pharmaceuticals Ltd. | 524,623 | 10,365 | ||||
Pfizer Ltd. | 153,611 | 10,329 | ||||
Castrol India Ltd. | 6,549,746 | 10,069 | ||||
Deepak Nitrite Ltd. | 989,130 | 9,900 | ||||
Cholamandalam Investment & Finance Co. Ltd. | 2,643,303 | 9,737 | ||||
Coromandel International Ltd. | 985,923 | 9,660 | ||||
Jubilant Life Sciences Ltd. | 976,067 | 9,587 | ||||
Granules India Ltd. | 1,846,209 | 9,553 | ||||
TVS Motor Co. Ltd. | 1,542,424 | 9,458 | ||||
Bharat Electronics Ltd. | 7,918,943 | 9,283 | ||||
Can Fin Homes Ltd. | 1,504,579 | 9,281 | ||||
Ramco Cements Ltd. | 861,786 | 9,263 | ||||
Tata Elxsi Ltd. | 441,712 | 9,162 | ||||
*,2 | Syngene International Ltd. | 1,260,002 | 9,086 | |||
Gujarat Gas Ltd. | 2,252,224 | 9,013 | ||||
Tata Power Co. Ltd. | 12,788,120 | 8,998 | ||||
Hindustan Zinc Ltd. | 3,236,547 | 8,900 | ||||
Aarti Industries Ltd. | 657,863 | 8,877 | ||||
Indian Hotels Co. Ltd. | 6,863,440 | 8,826 | ||||
City Union Bank Ltd. | 4,281,417 | 8,518 | ||||
* | Tata Motors Ltd. Class A | 11,389,422 | 8,517 | |||
Varun Beverages Ltd. | 957,672 | 8,457 | ||||
Sanofi India Ltd. | 77,869 | 8,404 | ||||
NHPC Ltd. | 31,167,985 | 8,352 | ||||
Indiabulls Housing Finance Ltd. | 4,399,605 | 8,304 | ||||
ABB India Ltd. | 682,480 | 8,222 | ||||
Dalmia Bharat Ltd. | 708,999 | 8,054 | ||||
2 | Metropolis Healthcare Ltd. | 302,039 | 8,015 | |||
Alembic Pharmaceuticals Ltd. | 613,508 | 7,983 | ||||
Astral Poly Technik Ltd. | 523,673 | 7,937 | ||||
Persistent Systems Ltd. | 499,454 | 7,814 | ||||
* | APL Apollo Tubes Ltd. | 183,344 | 7,778 | |||
Emami Ltd. | 1,573,729 | 7,673 | ||||
2 | L&T Technology Services Ltd. | 337,836 | 7,595 | |||
Navin Fluorine International Ltd. | 250,521 | 7,571 | ||||
Gillette India Ltd. | 104,759 | 7,481 | ||||
Sundaram Finance Ltd. | 382,511 | 7,471 | ||||
Torrent Power Ltd. | 1,755,794 | 7,395 | ||||
* | Oberoi Realty Ltd. | 1,230,488 | 7,352 | |||
2 | Nippon Life India Asset Management Ltd. | 2,003,054 | 7,341 | |||
Bata India Ltd. | 407,840 | 7,235 | ||||
Amber Enterprises India Ltd. | 244,240 | 7,185 | ||||
Coforge Ltd. | 238,517 | 7,107 | ||||
Relaxo Footwears Ltd. | 793,258 | 7,070 | ||||
* | Bank of Baroda | 12,409,188 | 6,969 | |||
* | Aditya Birla Capital Ltd. | 7,882,448 | 6,885 | |||
KEC International Ltd. | 1,566,921 | 6,864 | ||||
* | GMR Infrastructure Ltd. | 21,744,863 | 6,857 | |||
Exide Industries Ltd. | 3,159,790 | 6,777 | ||||
JB Chemicals & Pharmaceuticals Ltd. | 493,373 | 6,713 | ||||
* | Phoenix Mills Ltd. | 854,221 | 6,652 | |||
CESC Ltd. | 869,713 | 6,608 | ||||
Kajaria Ceramics Ltd. | 859,275 | 6,601 |
Shares | Market Value ($000) | |||||
Sun TV Network Ltd. | 1,144,188 | 6,511 | ||||
Apollo Tyres Ltd. | 3,437,872 | 6,483 | ||||
* | 3M India Ltd. | 25,527 | 6,424 | |||
JK Cement Ltd. | 256,435 | 6,405 | ||||
Ajanta Pharma Ltd. | 297,268 | 6,307 | ||||
* | Steel Authority of India Ltd. | 13,477,445 | 6,263 | |||
Schaeffler India Ltd. | 120,469 | 6,116 | ||||
* | Adani Power Ltd. | 12,587,148 | 6,074 | |||
2 | Endurance Technologies Ltd. | 425,295 | 6,065 | |||
Strides Pharma Science Ltd. | 634,259 | 5,904 | ||||
Mahanagar Gas Ltd. | 534,773 | 5,879 | ||||
Amara Raja Batteries Ltd. | 559,918 | 5,783 | ||||
2 | ICICI Securities Ltd. | 922,560 | 5,765 | |||
L&T Finance Holdings Ltd. | 6,556,148 | 5,693 | ||||
Gujarat State Petronet Ltd. | 2,063,931 | 5,376 | ||||
PVR Ltd. | 372,598 | 5,366 | ||||
Prestige Estates Projects Ltd. | 1,587,130 | 5,360 | ||||
Rallis India Ltd. | 1,599,947 | 5,342 | ||||
Vinati Organics Ltd. | 327,472 | 5,341 | ||||
* | Aavas Financiers Ltd. | 275,236 | 5,312 | |||
Birlasoft Ltd. | 2,148,831 | 5,195 | ||||
Cummins India Ltd. | 886,123 | 5,186 | ||||
* | Aditya Birla Fashion & Retail Ltd. | 2,483,112 | 5,145 | |||
* | Just Dial Ltd. | 564,424 | 4,964 | |||
* | Godrej Industries Ltd. | 996,634 | 4,920 | |||
*,2 | Quess Corp. Ltd. | 887,087 | 4,906 | |||
Indian Railway Catering & Tourism Corp. Ltd. | 272,389 | 4,831 | ||||
Sumitomo Chemical India Ltd. | 1,342,393 | 4,828 | ||||
* | Punjab National Bank | 13,264,342 | 4,777 | |||
Redington India Ltd. | 2,721,947 | 4,767 | ||||
* | Canara Bank | 4,053,873 | 4,706 | |||
Dhani Services Ltd. | 1,728,566 | 4,587 | ||||
Tube Investments of India Ltd. | 518,822 | 4,581 | ||||
AstraZeneca Pharma India Ltd. | 75,609 | 4,385 | ||||
* | Bharat Heavy Electricals Ltd. | 11,479,419 | 4,328 | |||
2 | Godrej Agrovet Ltd. | 617,498 | 4,293 | |||
JSW Energy Ltd. | 5,255,705 | 4,257 | ||||
Radico Khaitan Ltd. | 717,962 | 4,232 | ||||
KRBL Ltd. | 1,225,759 | 4,227 | ||||
Oil India Ltd. | 3,633,664 | 4,211 | ||||
* | TeamLease Services Ltd. | 138,036 | 4,148 | |||
Polycab India Ltd. | 327,778 | 4,069 | ||||
Welspun India Ltd. | 4,268,646 | 4,012 | ||||
* | Edelweiss Financial Services Ltd. | 5,243,795 | 3,948 | |||
Minda Industries Ltd. | 893,492 | 3,848 | ||||
Sundram Fasteners Ltd. | 667,733 | 3,845 | ||||
Motilal Oswal Financial Services Ltd. | 494,126 | 3,754 | ||||
Thermax Ltd. | 364,832 | 3,734 | ||||
Bombay Burmah Trading Co. | 228,410 | 3,726 | ||||
Ceat Ltd. | 246,610 | 3,636 | ||||
Balrampur Chini Mills Ltd. | 1,678,182 | 3,629 | ||||
Gujarat Pipavav Port Ltd. | 2,991,738 | 3,570 | ||||
* | Yes Bank Ltd. | 21,002,133 | 3,509 | |||
TTK Prestige Ltd. | 44,480 | 3,427 | ||||
V-Guard Industries Ltd. | 1,472,504 | 3,370 | ||||
Cholamandalam Financial Holdings Ltd. | 620,320 | 3,239 | ||||
Adani Gas Ltd. | 1,079,297 | 3,216 | ||||
JM Financial Ltd. | 2,857,444 | 3,060 | ||||
* | V-Mart Retail Ltd. | 114,492 | 2,985 | |||
Chambal Fertilizers & Chemicals Ltd. | 1,335,711 | 2,929 | ||||
Avanti Feeds Ltd. | 448,962 | 2,915 |
Shares | Market Value ($000) | |||||
Orient Electric Ltd. | 1,024,504 | 2,871 | ||||
* | Future Retail Ltd. | 2,968,006 | 2,850 | |||
IRB Infrastructure Developers Ltd. | 1,849,471 | 2,835 | ||||
Blue Star Ltd. | 333,777 | 2,824 | ||||
India Cements Ltd. | 1,752,110 | 2,795 | ||||
Vakrangee Ltd. | 7,065,244 | 2,697 | ||||
* | Suven Pharmaceuticals Ltd. | 635,625 | 2,692 | |||
NCC Ltd. | 5,807,707 | 2,652 | ||||
2 | PNB Housing Finance Ltd. | 548,885 | 2,612 | |||
Sterlite Technologies Ltd. | 1,309,610 | 2,601 | ||||
Symphony Ltd. | 223,751 | 2,555 | ||||
* | Bank of India | 4,809,154 | 2,501 | |||
Welspun Corp. Ltd. | 1,719,548 | 2,498 | ||||
National Aluminium Co. Ltd. | 5,967,148 | 2,447 | ||||
Kaveri Seed Co. Ltd. | 354,789 | 2,424 | ||||
* | Mahindra CIE Automotive Ltd. | 1,281,766 | 2,378 | |||
Great Eastern Shipping Co. Ltd. | 780,347 | 2,364 | ||||
* | Sun Pharma Advanced Research Co. Ltd. | 1,060,355 | 2,344 | |||
* | Union Bank of India | 7,076,528 | 2,292 | |||
Multi Commodity Exchange of India Ltd. | 99,264 | 2,278 | ||||
EIH Ltd. | 2,240,518 | 2,269 | ||||
Graphite India Ltd. | 942,482 | 2,239 | ||||
* | Alok Industries Ltd. | 7,486,788 | 2,211 | |||
Procter & Gamble Health Ltd. | 31,683 | 2,197 | ||||
eClerx Services Ltd. | 233,523 | 2,189 | ||||
* | Karur Vysya Bank Ltd. | 4,880,712 | 2,136 | |||
* | TV18 Broadcast Ltd. | 5,500,453 | 2,132 | |||
Timken India Ltd. | 146,279 | 2,126 | ||||
DCB Bank Ltd. | 2,053,949 | 2,125 | ||||
DCM Shriram Ltd. | 456,541 | 2,090 | ||||
Infibeam Avenues Ltd. | 1,830,327 | 2,068 | ||||
Engineers India Ltd. | 2,352,942 | 2,064 | ||||
Sobha Ltd. | 522,118 | 2,051 | ||||
Finolex Cables Ltd. | 542,703 | 2,027 | ||||
2 | Dilip Buildcon Ltd. | 440,610 | 1,943 | |||
HEG Ltd. | 209,002 | 1,904 | ||||
* | Wockhardt Ltd. | 475,809 | 1,869 | |||
* | Suzlon Energy Ltd. | 36,485,220 | 1,798 | |||
* | NBCC India Ltd. | 5,789,599 | 1,780 | |||
PTC India Ltd. | 2,745,224 | 1,741 | ||||
CRISIL Ltd. | 60,905 | 1,696 | ||||
Rain Industries Ltd. | 1,149,065 | 1,644 | ||||
Bajaj Consumer Care Ltd. | 648,694 | 1,635 | ||||
Century Textiles & Industries Ltd. | 371,197 | 1,530 | ||||
IDFC Ltd. | 3,492,103 | 1,434 | ||||
Jindal Saw Ltd. | 1,700,721 | 1,384 | ||||
Care Ratings Ltd. | 303,379 | 1,221 | ||||
* | Indian Bank | 1,560,105 | 1,217 | |||
* | Karnataka Bank Ltd. | 2,087,701 | 1,198 | |||
* | South Indian Bank Ltd. | 13,773,631 | 1,197 | |||
* | EID Parry India Ltd. | 321,413 | 1,195 | |||
* | Indiabulls Real Estate Ltd. | 1,734,606 | 1,114 | |||
Gateway Distriparks Ltd. | 888,149 | 1,095 | ||||
* | Mangalore Refinery & Petrochemicals Ltd. | 2,678,081 | 1,043 | |||
* | Hemisphere Properties India Ltd. | 1,131,433 | 1,035 | |||
Equitas Holdings Ltd. | 1,448,624 | 915 | ||||
* | IFCI Ltd. | 10,202,238 | 798 | |||
Raymond Ltd. | 209,073 | 768 | ||||
* | Future Consumer Ltd. | 7,598,354 | 760 | |||
* | Central Bank of India | 4,394,869 | 652 | |||
* | Hindustan Construction Co. Ltd. | 9,420,683 | 629 |
Shares | Market Value ($000) | |||||
Aegis Logistics Ltd. | 209,112 | 584 | ||||
GE Power India Ltd. | 196,440 | 543 | ||||
* | Gujarat Mineral Development Corp. Ltd. | 787,922 | 454 | |||
* | Shanghai Yatong Co. Ltd. Class A | 353,000 | 337 | |||
* | Sadbhav Engineering Ltd. | 362,507 | 234 | |||
* | Jammu & Kashmir Bank Ltd. | 1,143,740 | 218 | |||
WABCO India Ltd. | 2,440 | 161 | ||||
* | Dish TV India Ltd. | 610,895 | 94 | |||
* | Thomas Cook India Ltd. | 244,345 | 88 | |||
*,3 | Amtek Auto Ltd. | 472,160 | 18 | |||
8,834,472 | ||||||
Indonesia (1.4%) | ||||||
Bank Central Asia Tbk. PT | 125,051,650 | 246,059 | ||||
Bank Rakyat Indonesia Persero Tbk. PT | 685,534,058 | 155,186 | ||||
Telekomunikasi Indonesia Persero Tbk. PT | 590,236,152 | 104,507 | ||||
Astra International Tbk. PT | 258,001,781 | 94,215 | ||||
Bank Mandiri Persero Tbk. PT | 238,381,675 | 92,857 | ||||
Unilever Indonesia Tbk. PT | 77,523,555 | 41,141 | ||||
Charoen Pokphand Indonesia Tbk. PT | 98,595,623 | 38,842 | ||||
Bank Negara Indonesia Persero Tbk. PT | 100,005,976 | 31,817 | ||||
United Tractors Tbk. PT | 20,476,227 | 29,254 | ||||
Indofood Sukses Makmur Tbk. PT | 59,071,508 | 27,983 | ||||
Kalbe Farma Tbk. PT | 252,428,384 | 26,190 | ||||
Semen Indonesia Persero Tbk. PT | 39,439,310 | 25,549 | ||||
Indah Kiat Pulp & Paper Corp. Tbk. PT | 35,939,968 | 22,009 | ||||
Sarana Menara Nusantara Tbk. PT | 320,673,400 | 21,475 | ||||
Indofood CBP Sukses Makmur Tbk. PT | 30,323,847 | 19,919 | ||||
* | Gudang Garam Tbk. PT | 6,233,130 | 17,359 | |||
* | Barito Pacific Tbk. PT | 258,611,250 | 15,669 | |||
Indocement Tunggal Prakarsa Tbk. PT | 18,031,101 | 14,889 | ||||
Tower Bersama Infrastructure Tbk. PT | 134,531,485 | 13,607 | ||||
Adaro Energy Tbk. PT | 174,695,579 | 13,243 | ||||
Mitra Keluarga Karyasehat Tbk. PT | 62,735,200 | 11,223 | ||||
Hanjaya Mandala Sampoerna Tbk. PT | 117,667,574 | 11,212 | ||||
Ciputra Development Tbk. PT | 191,691,150 | 10,542 | ||||
Perusahaan Gas Negara Tbk. PT | 139,697,879 | 10,027 | ||||
Ace Hardware Indonesia Tbk. PT | 92,279,656 | 9,840 | ||||
* | Pakuwon Jati Tbk. PT | 320,079,567 | 8,948 | |||
Aneka Tambang Tbk. | 112,844,110 | 8,026 | ||||
Bank BTPN Syariah Tbk. PT | 30,796,400 | 7,690 | ||||
Surya Citra Media Tbk. PT | 76,876,131 | 7,685 | ||||
* | Vale Indonesia Tbk. PT | 27,185,247 | 7,435 | |||
Bukit Asam Tbk. PT | 56,681,444 | 7,427 | ||||
* | Lippo Karawaci Tbk. PT | 785,482,088 | 7,125 | |||
Jasa Marga Persero Tbk. PT | 29,236,904 | 7,046 | ||||
Pabrik Kertas Tjiwi Kimia Tbk. PT | 16,971,400 | 6,959 | ||||
Japfa Comfeed Indonesia Tbk. PT | 95,822,800 | 6,908 | ||||
* | Summarecon Agung Tbk. PT | 150,715,192 | 6,647 | |||
XL Axiata Tbk. PT | 48,551,298 | 6,636 | ||||
* | Bumi Serpong Damai Tbk. PT | 106,839,401 | 6,359 | |||
* | Mitra Adiperkasa Tbk. PT | 98,246,126 | 4,328 | |||
Bank Tabungan Negara Persero Tbk. PT | 46,311,038 | 4,311 | ||||
AKR Corporindo Tbk. PT | 22,157,425 | 4,007 | ||||
Astra Agro Lestari Tbk. PT | 5,273,013 | 3,854 | ||||
* | Media Nusantara Citra Tbk. PT | 67,013,424 | 3,738 | |||
* | Medco Energi Internasional Tbk. PT | 145,498,442 | 3,734 | |||
Wijaya Karya Persero Tbk. PT | 42,060,470 | 3,403 | ||||
Indo Tambangraya Megah Tbk. PT | 5,875,980 | 3,219 | ||||
* | Panin Financial Tbk. PT | 221,435,431 | 2,832 | |||
Waskita Karya Persero Tbk. PT | 55,410,398 | 2,759 |
Shares | Market Value ($000) | |||||
* | Smartfren Telecom Tbk. PT | 584,235,000 | 2,740 | |||
* | Bank Pan Indonesia Tbk. PT | 50,780,400 | 2,676 | |||
Perusahaan Perkebunan London Sumatra Indonesia Tbk. PT | 37,618,295 | 2,468 | ||||
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk. PT | 33,538,499 | 2,451 | ||||
Matahari Department Store Tbk. PT | 30,406,367 | 2,051 | ||||
* | Timah Tbk. PT | 35,370,874 | 1,962 | |||
PP Persero Tbk. PT | 32,052,095 | 1,959 | ||||
* | Sentul City Tbk. PT | 532,345,944 | 1,817 | |||
* | Alam Sutera Realty Tbk. PT | 164,634,154 | 1,718 | |||
Surya Semesta Internusa Tbk. PT | 51,470,798 | 1,698 | ||||
*,3 | Trada Alam Minera Tbk. PT | 487,603,966 | 1,667 | |||
* | Global Mediacom Tbk. PT | 105,147,203 | 1,613 | |||
* | Siloam International Hospitals Tbk. PT | 4,586,443 | 1,559 | |||
Ramayana Lestari Sentosa Tbk. PT | 39,045,066 | 1,513 | ||||
Bank Danamon Indonesia Tbk. PT | 8,042,271 | 1,333 | ||||
* | Krakatau Steel Persero Tbk. PT | 52,760,546 | 1,277 | |||
* | Kresna Graha Investama Tbk. PT | 181,775,948 | 1,076 | |||
* | Eagle High Plantations Tbk. PT | 157,727,663 | 1,022 | |||
Adhi Karya Persero Tbk. PT | 24,013,406 | 933 | ||||
* | Totalindo Eka Persada Tbk. PT | 55,493,000 | 190 | |||
*,3 | Sigmagold Inti Perkasa Tbk. PT | 14,934,100 | 51 | |||
1,269,464 | ||||||
Kuwait (0.7%) | ||||||
National Bank of Kuwait SAKP | 82,700,766 | 228,509 | ||||
Kuwait Finance House KSCP | 50,504,953 | 108,725 | ||||
Ahli United Bank BSC | 69,060,814 | 53,103 | ||||
Mobile Telecommunications Co. KSC | 25,945,797 | 49,493 | ||||
Agility Public Warehousing Co. KSC | 14,139,278 | 30,647 | ||||
Boubyan Bank KSCP | 12,189,411 | 23,678 | ||||
Gulf Bank KSCP | 23,697,245 | 17,124 | ||||
Mabanee Co. SAK | 7,108,096 | 15,059 | ||||
* | Humansoft Holding Co. KSC | 1,337,170 | 12,736 | |||
* | Warba Bank KSCP | 12,336,279 | 9,652 | |||
Boubyan Petrochemicals Co. KSCP | 5,062,492 | 8,875 | ||||
National Industries Group Holding SAK | 13,772,066 | 8,129 | ||||
Burgan Bank SAK | 9,236,639 | 6,247 | ||||
Kuwait International Bank KSCP | 8,001,478 | 5,394 | ||||
Kuwait Projects Co. Holding KSCP | 9,619,863 | 4,878 | ||||
Alimtiaz Investment Group KSC | 10,182,693 | 3,276 | ||||
Integrated Holding Co. KCSC | 1,979,421 | 2,371 | ||||
587,896 | ||||||
Malaysia (2.2%) | ||||||
Public Bank Bhd. | 39,758,118 | 144,251 | ||||
Top Glove Corp. Bhd. | 65,992,290 | 136,111 | ||||
Malayan Banking Bhd. | 73,775,012 | 124,210 | ||||
Tenaga Nasional Bhd. | 49,024,851 | 112,531 | ||||
Hartalega Holdings Bhd. | 19,932,310 | 86,463 | ||||
CIMB Group Holdings Bhd. | 84,970,108 | 60,306 | ||||
Sime Darby Plantation Bhd. | 48,345,979 | 56,305 | ||||
Dialog Group Bhd. | 61,857,560 | 55,092 | ||||
Petronas Chemicals Group Bhd. | 38,388,412 | 54,090 | ||||
* | Supermax Corp. Bhd. | 21,974,784 | 50,158 | |||
IHH Healthcare Bhd. | 40,194,555 | 48,108 | ||||
DiGi.Com Bhd. | 49,735,733 | 45,122 | ||||
IOI Corp. Bhd. | 42,879,390 | 44,403 | ||||
Axiata Group Bhd. | 61,039,849 | 43,043 | ||||
Maxis Bhd. | 37,235,460 | 43,009 | ||||
PPB Group Bhd. | 9,060,060 | 41,014 |
Shares | Market Value ($000) | |||||
Press Metal Aluminium Holdings Bhd. | 25,735,820 | 34,037 | ||||
Kuala Lumpur Kepong Bhd. | 6,269,092 | 31,978 | ||||
Kossan Rubber Industries | 17,292,000 | 31,244 | ||||
MISC Bhd. | 19,403,944 | 30,780 | ||||
Hong Leong Bank Bhd. | 8,506,572 | 30,323 | ||||
Petronas Gas Bhd. | 7,726,763 | 29,312 | ||||
Sime Darby Bhd. | 47,746,736 | 27,695 | ||||
Nestle Malaysia Bhd. | 823,157 | 27,601 | ||||
Gamuda Bhd. | 30,232,417 | 24,230 | ||||
Genting Bhd. | 31,055,824 | 22,138 | ||||
QL Resources Bhd. | 14,508,930 | 21,991 | ||||
RHB Bank Bhd. | 20,961,700 | 21,334 | ||||
Petronas Dagangan Bhd. | 4,807,907 | 19,935 | ||||
Genting Malaysia Bhd. | 39,581,937 | 19,058 | ||||
Inari Amertron Bhd. | 29,383,600 | 17,984 | ||||
AMMB Holdings Bhd. | 25,973,245 | 17,825 | ||||
Telekom Malaysia Bhd. | 15,471,978 | 15,596 | ||||
HAP Seng Consolidated Bhd. | 8,764,200 | 15,456 | ||||
IJM Corp. Bhd. | 43,834,934 | 14,134 | ||||
Bursa Malaysia Bhd. | 7,024,400 | 13,619 | ||||
Westports Holdings Bhd. | 14,298,701 | 13,412 | ||||
TIME dotCom Bhd. | 4,188,900 | 12,980 | ||||
Genting Plantations Bhd. | 5,430,200 | 12,831 | ||||
Malaysia Airports Holdings Bhd. | 11,999,730 | 12,080 | ||||
* | YTL Corp. Bhd. | 63,548,150 | 11,096 | |||
Frontken Corp. Bhd. | 12,752,900 | 10,791 | ||||
Hong Leong Financial Group Bhd. | 3,090,041 | 10,502 | ||||
Fraser & Neave Holdings Bhd. | 1,372,900 | 10,442 | ||||
Pentamaster Corp. Bhd. | 8,380,650 | 10,162 | ||||
VS Industry Bhd. | 17,193,450 | 9,695 | ||||
My EG Services Bhd. | 28,783,250 | 9,523 | ||||
IGB REIT | 22,968,770 | 9,231 | ||||
Carlsberg Brewery Malaysia Bhd. | 1,956,100 | 8,700 | ||||
Sunway REIT | 23,015,000 | 7,919 | ||||
Alliance Bank Malaysia Bhd. | 14,998,717 | 7,876 | ||||
Axis REIT | 14,906,800 | 7,531 | ||||
Malakoff Corp. Bhd. | 33,578,500 | 7,478 | ||||
Scientex Bhd. | 2,525,900 | 7,227 | ||||
Sunway Bhd. | 21,554,145 | 6,956 | ||||
Yinson Holdings Bhd. | 6,166,000 | 6,795 | ||||
KPJ Healthcare Bhd. | 32,898,600 | 6,736 | ||||
FGV Holdings Bhd. | 25,898,957 | 6,613 | ||||
Sime Darby Property Bhd. | 48,290,542 | 6,273 | ||||
Serba Dinamik Holdings Bhd. | 14,828,738 | 5,466 | ||||
DRB-Hicom Bhd. | 11,723,800 | 5,365 | ||||
IOI Properties Group Bhd. | 25,570,580 | 5,296 | ||||
Berjaya Sports Toto Bhd. | 11,114,643 | 5,059 | ||||
Magnum Bhd. | 10,469,155 | 5,040 | ||||
Mega First Corp. Bhd. | 2,894,100 | 4,849 | ||||
2 | Lotte Chemical Titan Holding Bhd. | 7,770,147 | 3,892 | |||
Pavilion REIT | 11,231,600 | 3,757 | ||||
Astro Malaysia Holdings Bhd. | 21,222,673 | 3,731 | ||||
Malaysia Building Society Bhd. | 29,435,100 | 3,473 | ||||
Syarikat Takaful Malaysia Keluarga Bhd. | 3,375,300 | 3,436 | ||||
AEON Credit Service M Bhd. | 1,407,100 | 3,089 | ||||
* | Sapura Energy Bhd. | 126,075,622 | 3,054 | |||
SP Setia Bhd. Group | 17,561,845 | 2,920 | ||||
* | AirAsia Group Bhd. | 20,384,358 | 2,699 | |||
Sunway Construction Group Bhd. | 6,130,200 | 2,675 | ||||
Leong Hup International Bhd. | 16,617,600 | 2,664 | ||||
Malaysian Resources Corp. Bhd. | 29,404,100 | 2,654 |
Shares | Market Value ($000) | |||||
Padini Holdings Bhd. | 4,938,237 | 2,474 | ||||
* | Bumi Armada Bhd. | 45,234,728 | 2,407 | |||
Bermaz Auto Bhd. | 8,565,500 | 2,400 | ||||
* | Berjaya Corp. Bhd. | 46,389,396 | 2,119 | |||
* | UEM Sunrise Bhd. | 22,236,000 | 1,983 | |||
Cahya Mata Sarawak Bhd. | 7,274,600 | 1,894 | ||||
* | Velesto Energy Bhd. | 50,233,127 | 1,397 | |||
Pos Malaysia Bhd. | 4,869,000 | 1,102 | ||||
* | WCT Holdings Bhd. | 11,862,044 | 1,044 | |||
Muhibbah Engineering M Bhd. | 4,828,400 | 848 | ||||
* | Velesto Energy Bhd. Warrants Exp. 10/18/2024 | 20,487,189 | 246 | |||
* | Sunway Bhd. Warrants Exp. 10/03/2024 | 3,268,483 | 177 | |||
* | Serba Dinamik Holdings Bhd. Warrants Exp. 12/05/2024 | 4,443,960 | 176 | |||
* | Malaysian Resources Corp. Bhd. Warrants Exp. 10/29/2027 | 3,624,441 | 83 | |||
1,910,804 | ||||||
Mexico (1.9%) | ||||||
America Movil SAB de CV | 392,304,635 | 238,769 | ||||
* | Grupo Financiero Banorte SAB de CV | 37,324,598 | 166,286 | |||
Wal-Mart de Mexico SAB de CV | 65,933,537 | 159,305 | ||||
Fomento Economico Mexicano SAB de CV | 22,798,152 | 122,194 | ||||
Grupo Mexico SAB de CV Class B | 40,324,243 | 114,539 | ||||
Cemex SAB de CV | 205,395,217 | 84,825 | ||||
Grupo Bimbo SAB de CV Class A | 30,657,642 | 59,244 | ||||
Grupo Elektra SAB de CV | 853,977 | 48,386 | ||||
Grupo Aeroportuario del Pacifico SAB de CV Class B | 4,650,493 | 38,703 | ||||
* | Grupo Televisa SAB | 28,951,781 | 36,621 | |||
Gruma SAB de CV Class B | 2,876,367 | 30,594 | ||||
Fibra Uno Administracion SA de CV | 40,178,702 | 30,440 | ||||
Coca-Cola Femsa SAB de CV | 7,100,869 | 26,888 | ||||
Alfa SAB de CV Class A | 40,042,911 | 26,750 | ||||
Industrias Penoles SAB de CV | 1,667,322 | 26,550 | ||||
Arca Continental SAB de CV | 5,930,115 | 25,818 | ||||
* | Grupo Aeroportuario del Sureste SAB de CV Class B | 2,201,421 | 25,429 | |||
Orbia Advance Corp. SAB de CV | 13,610,975 | 24,069 | ||||
* | Infraestructura Energetica Nova SAB de CV | 6,911,068 | 23,127 | |||
* | Grupo Financiero Inbursa SAB de CV | 29,051,321 | 21,516 | |||
* | Grupo Aeroportuario del Centro Norte SAB de CV Class B | 4,505,418 | 20,331 | |||
2 | GMexico Transportes SAB de CV | 16,614,745 | 19,661 | |||
Promotora y Operadora de Infraestructura SAB de CV | 2,904,479 | 19,028 | ||||
Kimberly-Clark de Mexico SAB de CV Class A | 11,249,662 | 16,722 | ||||
* | Telesites SAB de CV | 17,265,467 | 15,937 | |||
Becle SAB de CV | 7,407,918 | 15,552 | ||||
PLA Administradora Industrial S de RL de CV | 10,645,054 | 14,614 | ||||
Bolsa Mexicana de Valores SAB de CV | 6,393,475 | 12,997 | ||||
Megacable Holdings SAB de CV | 4,057,313 | 12,871 | ||||
Prologis Property Mexico SA de CV | 6,176,127 | 12,375 | ||||
La Comer SAB de CV | 6,742,575 | 12,276 | ||||
Corp. Inmobiliaria Vesta SAB de CV | 7,632,112 | 12,262 | ||||
2 | Macquarie Mexico Real Estate Management SA de CV | 10,306,547 | 11,841 | |||
Grupo Carso SAB de CV | 6,144,942 | 11,379 | ||||
Grupo Cementos de Chihuahua SAB de CV | 2,219,807 | 11,178 | ||||
Qualitas Controladora SAB de CV | 2,324,552 | 9,283 | ||||
* | Genomma Lab Internacional SAB de CV Class B | 10,111,851 | 8,967 | |||
* | Regional SAB de CV | 3,187,408 | 8,613 | |||
*,2 | Banco del Bajio SA | 9,950,623 | 8,228 | |||
* | Controladora Vuela Cia de Aviacion SAB de CV Class A | 10,495,404 | 8,219 | |||
Grupo Comercial Chedraui SA de CV | 6,210,808 | 7,853 | ||||
* | El Puerto de Liverpool SAB de CV | 2,636,539 | 7,096 | |||
Industrias Bachoco SAB de CV Class B | 2,120,441 | 6,640 | ||||
* | Alsea SAB de CV | 7,053,817 | 6,069 |
Shares | Market Value ($000) | |||||
* | Axtel SAB de CV | 15,559,986 | 5,802 | |||
Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand | 7,800,154 | 5,759 | ||||
Grupo Herdez SAB de CV | 2,808,827 | 4,978 | ||||
Grupo Lala SAB de CV Class B | 7,786,265 | 4,794 | ||||
Alpek SAB de CV Class A | 5,055,420 | 3,780 | ||||
Gentera SAB de CV | 13,752,344 | 3,235 | ||||
2 | Nemak SAB de CV | 10,255,308 | 3,162 | |||
Concentradora Fibra Danhos SA de CV | 3,159,946 | 2,860 | ||||
* | Unifin Financiera SAB de CV | 2,696,990 | 2,340 | |||
Grupo Rotoplas SAB de CV | 2,305,843 | 1,984 | ||||
* | Credito Real SAB de CV SOFOM ER | 3,040,683 | 1,596 | |||
*,3 | Empresas ICA SAB de CV | 104,678 | 7 | |||
1,660,342 | ||||||
Pakistan (0.1%) | ||||||
* | Lucky Cement Ltd. | 2,449,806 | 10,294 | |||
Engro Corp. Ltd. | 4,266,916 | 8,085 | ||||
Habib Bank Ltd. | 9,179,432 | 7,442 | ||||
* | Hub Power Co. Ltd. | 13,713,797 | 7,000 | |||
MCB Bank Ltd. | 6,736,740 | 6,988 | ||||
Fauji Fertilizer Co. Ltd. | 8,789,115 | 5,800 | ||||
* | Pakistan State Oil Co. Ltd. | 4,588,218 | 5,678 | |||
Oil & Gas Development Co. Ltd. | 8,901,889 | 5,249 | ||||
Pakistan Petroleum Ltd. | 9,122,637 | 4,758 | ||||
Bank Alfalah Ltd. | 19,177,387 | 3,944 | ||||
Pakistan Oilfields Ltd. | 1,777,235 | 3,562 | ||||
Engro Fertilizers Ltd. | 7,785,721 | 3,130 | ||||
United Bank Ltd. | 4,186,912 | 2,862 | ||||
SUI Northern Gas Pipeline | 5,506,800 | 1,902 | ||||
Searle Co. Ltd. | 1,249,292 | 1,887 | ||||
National Bank of Pakistan | 7,587,700 | 1,845 | ||||
Nishat Mills Ltd. | 2,814,900 | 1,487 | ||||
Kot Addu Power Co. Ltd. | 7,660,721 | 1,345 | ||||
* | SUI Southern Gas Co. Ltd. | 13,332,400 | 1,231 | |||
Millat Tractors Ltd. | 150,066 | 861 | ||||
85,350 | ||||||
Philippines (0.9%) | ||||||
SM Investments Corp. | 6,000,162 | 117,670 | ||||
SM Prime Holdings Inc. | 109,362,378 | 76,148 | ||||
Ayala Land Inc. | 106,605,627 | 72,573 | ||||
Ayala Corp. | 4,418,425 | 69,639 | ||||
JG Summit Holdings Inc. | 40,704,848 | 53,989 | ||||
BDO Unibank Inc. | 26,499,219 | 48,524 | ||||
Bank of the Philippine Islands | 24,042,388 | 36,464 | ||||
International Container Terminal Services Inc. | 14,486,881 | 34,356 | ||||
Universal Robina Corp. | 11,916,711 | 33,891 | ||||
PLDT Inc. | 1,236,064 | 33,714 | ||||
Manila Electric Co. | 3,543,013 | 21,945 | ||||
Metropolitan Bank & Trust Co. | 24,308,985 | 20,433 | ||||
Jollibee Foods Corp. | 5,538,289 | 19,424 | ||||
Globe Telecom Inc. | 397,157 | 16,628 | ||||
Metro Pacific Investments Corp. | 190,726,579 | 15,780 | ||||
Security Bank Corp. | 6,100,654 | 12,122 | ||||
GT Capital Holdings Inc. | 1,336,392 | 11,860 | ||||
Aboitiz Power Corp. | 21,120,429 | 11,785 | ||||
San Miguel Food & Beverage Inc. | 8,877,600 | 11,712 | ||||
Puregold Price Club Inc. | 13,222,792 | 11,269 | ||||
Robinsons Retail Holdings Inc. | 8,475,001 | 11,233 | ||||
San Miguel Corp. | 4,875,770 | 10,266 | ||||
* | Megaworld Corp. | 156,724,303 | 9,805 |
Shares | Market Value ($000) | |||||
LT Group Inc. | 37,285,750 | 8,887 | ||||
* | Alliance Global Group Inc. | 53,161,167 | 8,711 | |||
Bloomberry Resorts Corp. | 45,930,049 | 6,717 | ||||
First Gen Corp. | 10,354,346 | 6,100 | ||||
Wilcon Depot Inc. | 19,050,100 | 5,634 | ||||
DMCI Holdings Inc. | 54,780,197 | 4,962 | ||||
* | Manila Water Co. Inc. | 15,509,628 | 4,481 | |||
Century Pacific Food Inc. | 13,546,587 | 4,342 | ||||
Vista Land & Lifescapes Inc. | 53,845,600 | 3,745 | ||||
Semirara Mining & Power Corp. Class A | 17,065,928 | 3,733 | ||||
D&L Industries Inc. | 28,594,290 | 3,678 | ||||
Nickel Asia Corp. | 40,091,703 | 3,115 | ||||
Filinvest Land Inc. | 135,695,351 | 2,717 | ||||
*,2 | CEMEX Holdings Philippines Inc. | 80,382,544 | 2,623 | |||
* | Cebu Air Inc. | 2,539,953 | 2,036 | |||
* | Altus Property Ventures Inc. | 145,907 | 39 | |||
832,750 | ||||||
Poland (0.0%) | ||||||
*,3 | getBACK SA | 245,053 | 232 | |||
Qatar (0.9%) | ||||||
Qatar National Bank QPSC | 57,817,651 | 280,713 | ||||
Qatar Islamic Bank SAQ | 15,715,238 | 69,989 | ||||
Industries Qatar QSC | 24,616,937 | 60,748 | ||||
Masraf Al Rayan QSC | 49,791,038 | 58,681 | ||||
Commercial Bank PSQC | 26,993,878 | 31,636 | ||||
Qatar Electricity & Water Co. QSC | 6,834,888 | 31,285 | ||||
Qatar Fuel QSC | 6,597,852 | 31,154 | ||||
Mesaieed Petrochemical Holding Co. | 58,800,356 | 30,087 | ||||
Qatar Gas Transport Co. Ltd. | 36,741,315 | 27,079 | ||||
Barwa Real Estate Co. | 25,942,456 | 23,761 | ||||
Qatar International Islamic Bank QSC | 10,069,761 | 22,872 | ||||
Ooredoo QPSC | 11,281,535 | 20,474 | ||||
* | Doha Bank QPSC | 20,659,761 | 13,798 | |||
Qatar Insurance Co. SAQ | 21,632,673 | 13,605 | ||||
Ezdan Holding Group QSC | 21,207,557 | 9,844 | ||||
United Development Co. QSC | 24,057,420 | 9,764 | ||||
Qatar Aluminum Manufacturing Co. | 37,164,095 | 8,884 | ||||
Vodafone Qatar QSC | 22,583,175 | 8,020 | ||||
Al Meera Consumer Goods Co. QSC | 1,302,346 | 7,153 | ||||
Gulf International Services QSC | 12,163,351 | 5,145 | ||||
Medicare Group | 1,907,307 | 4,502 | ||||
769,194 | ||||||
Romania (0.0%) | ||||||
Banca Transilvania SA | 51,613,260 | 23,394 | ||||
Russia (2.3%) | ||||||
Sberbank of Russia PJSC | 134,526,192 | 340,951 | ||||
Gazprom PJSC | 137,091,939 | 267,107 | ||||
LUKOIL PJSC | 5,020,567 | 256,657 | ||||
Novatek PJSC | 8,882,740 | 106,928 | ||||
MMC Norilsk Nickel PJSC | 335,894 | 79,945 | ||||
MMC Norilsk Nickel PJSC ADR | 3,205,119 | 76,392 | ||||
Tatneft PJSC ADR | 2,070,524 | 64,348 | ||||
Novatek PJSC GDR | 483,402 | 58,285 | ||||
Polyus PJSC GDR | 527,371 | 51,872 | ||||
Surgutneftegas PJSC Preference Shares | 106,899,923 | 48,818 | ||||
Mobile TeleSystems PJSC ADR | 6,003,240 | 46,945 | ||||
Magnit PJSC GDR | 3,182,533 | 43,926 | ||||
Tatneft PJSC | 8,041,328 | 41,597 |
Shares | Market Value ($000) | |||||
Rosneft Oil Co. PJSC GDR | 9,320,161 | 40,682 | ||||
Transneft PJSC Preference Shares | 21,222 | 35,329 | ||||
Moscow Exchange MICEX-RTS PJSC | 19,622,358 | 33,141 | ||||
Severstal PAO | 2,397,905 | 32,842 | ||||
Inter RAO UES PJSC | 483,443,670 | 31,006 | ||||
Alrosa PJSC | 33,540,460 | 30,189 | ||||
Rosneft Oil Co. PJSC | 6,496,955 | 28,791 | ||||
VTB Bank PJSC | 69,384,223,072 | 28,659 | ||||
Novolipetsk Steel PJSC GDR | 1,197,754 | 27,822 | ||||
Surgutneftegas PJSC ADR | 5,555,465 | 22,818 | ||||
Polyus PJSC | 112,757 | 22,064 | ||||
PhosAgro PJSC GDR | 1,451,373 | 16,723 | ||||
Rostelecom PJSC | 14,296,988 | 16,708 | ||||
RusHydro PJSC | 1,558,410,418 | 14,188 | ||||
Magnit PJSC | 206,717 | 12,307 | ||||
Sistema PJSFC GDR | 1,934,593 | 12,053 | ||||
Magnitogorsk Iron & Steel Works PJSC | 24,328,084 | 11,546 | ||||
Surgutneftegas PJSC | 27,440,849 | 11,406 | ||||
Detsky Mir PJSC | 8,171,232 | 11,331 | ||||
Federal Grid Co. Unified Energy System PJSC | 3,703,264,717 | 8,866 | ||||
ROSSETI PJSC | 409,467,584 | 7,513 | ||||
LSR Group PJSC Class A | 460,988 | 5,279 | ||||
* | Aeroflot PJSC | 7,170,159 | 5,142 | |||
Unipro PJSC | 153,995,198 | 5,017 | ||||
Novolipetsk Steel PJSC | 2,115,827 | 4,962 | ||||
Tatneft PJSC Preference Shares | 877,960 | 4,406 | ||||
Bashneft PJSC | 196,920 | 3,760 | ||||
Mosenergo PJSC | 115,677,234 | 2,908 | ||||
M.Video PJSC | 331,881 | 2,842 | ||||
Severstal PAO GDR | 206,805 | 2,827 | ||||
Raspadskaya OJSC | 1,969,484 | 2,759 | ||||
OGK-2 PJSC | 302,841,880 | 2,609 | ||||
Rosseti Lenenergo PJSC Preference Shares | 1,372,446 | 2,521 | ||||
3 | TMK PJSC GDR | 758,639 | 2,424 | |||
* | Mechel PJSC | 2,989,465 | 2,040 | |||
TGC-1 PJSC | 10,414,590,345 | 1,387 | ||||
ENEL RUSSIA PJSC | 119,213,000 | 1,357 | ||||
* | RussNeft PJSC | 328,264 | 1,198 | |||
* | Mechel PJSC ADR | 164,675 | 219 | |||
Bashneft PJSC Preference Shares | 1,006 | 15 | ||||
1,993,427 | ||||||
Saudi Arabia (3.0%) | ||||||
2 | Saudi Arabian Oil Co. | 33,131,374 | 297,242 | |||
Saudi Basic Industries Corp. | 11,746,833 | 281,746 | ||||
Al Rajhi Bank | 15,861,277 | 278,325 | ||||
Saudi Telecom Co. | 7,728,273 | 205,309 | ||||
National Commercial Bank | 17,526,718 | 181,974 | ||||
Samba Financial Group | 13,310,815 | 97,785 | ||||
Riyad Bank | 18,601,441 | 89,164 | ||||
Saudi British Bank | 12,450,928 | 78,817 | ||||
Banque Saudi Fransi | 7,983,153 | 63,079 | ||||
* | Saudi Arabian Mining Co. | 5,516,106 | 55,017 | |||
Saudi Arabian Fertilizer Co. | 2,717,468 | 54,587 | ||||
* | Alinma Bank | 13,316,370 | 54,125 | |||
Saudi Electricity Co. | 10,616,978 | 53,561 | ||||
Yanbu National Petrochemical Co. | 3,147,202 | 48,184 | ||||
Almarai Co. JSC | 3,417,247 | 47,044 | ||||
Arab National Bank | 8,734,672 | 44,106 | ||||
Savola Group | 3,551,586 | 43,362 | ||||
* | Etihad Etisalat Co. | 5,150,478 | 38,326 |
Shares | Market Value ($000) | |||||
Jarir Marketing Co. | 799,071 | 36,803 | ||||
Bank AlBilad | 4,999,902 | 30,958 | ||||
* | Bupa Arabia for Cooperative Insurance Co. | 844,962 | 25,719 | |||
* | Saudi Kayan Petrochemical Co. | 9,970,712 | 25,217 | |||
Dr Sulaiman Al Habib Medical Services Group Co. | 940,285 | 23,663 | ||||
Advanced Petrochemical Co. | 1,432,532 | 22,089 | ||||
Mouwasat Medical Services Co. | 638,431 | 21,782 | ||||
Abdullah Al Othaim Markets Co. | 599,528 | 20,839 | ||||
* | Mobile Telecommunications Co. Saudi Arabia | 6,041,921 | 19,823 | |||
Bank Al-Jazira | 5,475,427 | 18,962 | ||||
* | Sahara International Petrochemical Co. | 4,868,121 | 18,912 | |||
* | Co. for Cooperative Insurance | 833,716 | 17,987 | |||
Southern Province Cement Co. | 937,357 | 16,787 | ||||
Saudi Industrial Investment Group | 2,988,952 | 16,160 | ||||
* | Dar Al Arkan Real Estate Development Co. | 7,171,914 | 15,242 | |||
Saudi Cement Co. | 1,014,990 | 14,644 | ||||
Arabian Centres Co. Ltd. | 2,232,048 | 14,416 | ||||
* | Emaar Economic City | 5,656,596 | 13,413 | |||
* | National Industrialization Co. | 4,415,342 | 13,305 | |||
National Petrochemical Co. | 1,624,915 | 11,718 | ||||
Qassim Cement Co. | 599,709 | 10,999 | ||||
Saudi Airlines Catering Co. | 513,205 | 10,636 | ||||
* | Rabigh Refining & Petrochemical Co. | 3,089,399 | 10,039 | |||
Saudia Dairy & Foodstuff Co. | 213,549 | 9,660 | ||||
Yanbu Cement Co. | 1,046,412 | 9,222 | ||||
Yamama Cement Co. | 1,352,292 | 9,018 | ||||
* | Saudi Ground Services Co. | 1,205,702 | 8,996 | |||
* | Seera Group Holding | 1,972,456 | 8,779 | |||
United Electronics Co. | 400,597 | 8,160 | ||||
* | Saudi Research & Marketing Group | 441,532 | 8,049 | |||
Aldrees Petroleum & Transport Services Co. | 429,685 | 7,272 | ||||
Saudi Pharmaceutical Industries & Medical Appliances Corp. | 795,074 | 6,932 | ||||
* | Al Hammadi Co. for Development & Investment | 792,676 | 5,972 | |||
Dallah Healthcare Co. | 487,374 | 5,719 | ||||
Arabian Cement Co. | 665,600 | 5,458 | ||||
Arriyadh Development Co. | 1,186,672 | 5,313 | ||||
Eastern Province Cement Co. | 574,058 | 5,306 | ||||
* | National Agriculture Development Co. | 681,761 | 5,139 | |||
* | City Cement Co. | 933,347 | 4,980 | |||
Najran Cement Co. | 1,127,005 | 4,716 | ||||
Leejam Sports Co. JSC | 280,053 | 4,620 | ||||
Saudi Chemical Co. Holding | 550,457 | 4,548 | ||||
* | Saudi Real Estate Co. | 1,168,835 | 4,544 | |||
* | Fawaz Abdulaziz Al Hokair & Co. | 878,882 | 4,371 | |||
United International Transportation Co. | 476,695 | 4,307 | ||||
* | Saudi Ceramic Co. | 401,444 | 4,148 | |||
Dur Hospitality Co. | 599,871 | 4,110 | ||||
National Medical Care Co. | 291,601 | 4,052 | ||||
National Gas & Industrialization Co. | 498,748 | 3,869 | ||||
Northern Region Cement Co. | 1,204,530 | 3,571 | ||||
Herfy Food Services Co. | 266,997 | 3,439 | ||||
Saudi Public Transport Co. | 837,958 | 3,347 | ||||
Astra Industrial Group | 491,756 | 2,875 | ||||
* | Al Jouf Cement Co. | 935,666 | 2,599 | |||
* | Aseer Trading Tourism & Manufacturing Co. | 802,415 | 2,576 | |||
* | Mediterranean & Gulf Insurance & Reinsurance Co. | 445,084 | 2,378 | |||
* | Zamil Industrial Investment Co. | 423,649 | 2,309 | |||
* | Tabuk Cement Co. | 597,159 | 2,307 | |||
Bawan Co. | 347,054 | 1,879 |
Shares | Market Value ($000) | |||||
* | Methanol Chemicals Co. | 712,261 | 1,813 | |||
* | Abdul Mohsen Al-Hokair Tourism & Development Co. | 357,630 | 1,219 | |||
2,629,438 | ||||||
South Africa (3.8%) | ||||||
* | Naspers Ltd. | 5,515,749 | 1,076,826 | |||
FirstRand Ltd. | 57,669,265 | 133,869 | ||||
AngloGold Ashanti Ltd. | 5,419,637 | 124,898 | ||||
Gold Fields Ltd. | 11,286,026 | 122,061 | ||||
Standard Bank Group Ltd. | 15,641,559 | 102,278 | ||||
Sibanye Stillwater Ltd. | 34,410,478 | 101,467 | ||||
1 | Impala Platinum Holdings Ltd. | 9,985,305 | 88,872 | |||
MTN Group Ltd. | 22,981,882 | 82,057 | ||||
* | Capitec Bank Holdings Ltd. | 1,035,903 | 72,803 | |||
Bid Corp. Ltd. | 4,488,420 | 61,796 | ||||
Vodacom Group Ltd. | 8,065,986 | 60,785 | ||||
Sanlam Ltd. | 19,670,326 | 57,377 | ||||
Anglo American Platinum Ltd. | 832,528 | 55,126 | ||||
Shoprite Holdings Ltd. | 6,637,922 | 52,591 | ||||
Absa Group Ltd. | 9,776,484 | 52,553 | ||||
MultiChoice Group | 5,979,243 | 49,310 | ||||
Clicks Group Ltd. | 3,209,680 | 46,423 | ||||
* | Northam Platinum Ltd. | 4,680,531 | 44,970 | |||
* | Sasol Ltd. | 7,540,193 | 39,377 | |||
Bidvest Group Ltd. | 4,571,713 | 37,593 | ||||
Remgro Ltd. | 6,944,866 | 37,047 | ||||
Old Mutual Ltd. | 62,130,511 | 36,041 | ||||
* | Aspen Pharmacare Holdings Ltd. | 5,181,987 | 33,745 | |||
Discovery Ltd. | 4,916,615 | 32,503 | ||||
* | Harmony Gold Mining Co. Ltd. | 6,229,632 | 31,025 | |||
Reinet Investments SCA | 1,863,540 | 29,572 | ||||
Nedbank Group Ltd. | 4,738,706 | 28,032 | ||||
Tiger Brands Ltd. | 2,229,179 | 27,651 | ||||
SPAR Group Ltd. | 2,586,333 | 27,418 | ||||
Mr Price Group Ltd. | 3,484,554 | 26,361 | ||||
Growthpoint Properties Ltd. | 40,015,206 | 26,178 | ||||
Woolworths Holdings Ltd. | 11,663,054 | 25,051 | ||||
Foschini Group Ltd. | 4,502,463 | 23,977 | ||||
Exxaro Resources Ltd. | 3,438,011 | 23,193 | ||||
Kumba Iron Ore Ltd. | 731,411 | 21,715 | ||||
African Rainbow Minerals Ltd. | 1,431,735 | 20,138 | ||||
AVI Ltd. | 4,193,505 | 18,993 | ||||
Life Healthcare Group Holdings Ltd. | 18,710,145 | 18,708 | ||||
NEPI Rockcastle plc | 5,223,753 | 18,525 | ||||
Rand Merchant Investment Holdings Ltd. | 10,241,208 | 17,889 | ||||
Netcare Ltd. | 19,680,479 | 15,576 | ||||
Pick n Pay Stores Ltd. | 4,698,770 | 14,798 | ||||
Fortress REIT Ltd. Class A (XJSE) | 14,628,011 | 11,287 | ||||
Truworths International Ltd. | 5,668,267 | 10,934 | ||||
Momentum Metropolitan Holdings | 13,641,937 | 10,914 | ||||
* | Sappi Ltd. | 7,577,881 | 10,813 | |||
Redefine Properties Ltd. | 76,421,658 | 9,392 | ||||
Barloworld Ltd. | 2,669,336 | 9,379 | ||||
Santam Ltd. | 573,242 | 8,648 | ||||
Transaction Capital Ltd. | 6,668,820 | 8,144 | ||||
Resilient REIT Ltd. | 4,292,036 | 8,124 | ||||
Coronation Fund Managers Ltd. | 3,446,182 | 7,978 | ||||
Investec Ltd. | 4,107,141 | 7,562 | ||||
JSE Ltd. | 1,122,438 | 7,489 | ||||
1 | PSG Group Ltd. | 2,226,311 | 7,195 | |||
2 | Pepkor Holdings Ltd. | 9,455,201 | 6,956 |
Shares | Market Value ($000) | |||||
AECI Ltd. | 1,462,525 | 6,856 | ||||
1 | Equites Property Fund Ltd. | 6,730,710 | 6,446 | |||
1 | DRDGOLD Ltd. | 5,653,543 | 6,253 | |||
Telkom SA SOC Ltd. | 3,925,828 | 6,177 | ||||
2 | Dis-Chem Pharmacies Ltd. | 5,289,157 | 5,869 | |||
* | Ninety One Ltd. | 2,186,601 | 5,757 | |||
1 | Motus Holdings Ltd. | 2,220,436 | 5,716 | |||
Allied Electronics Corp. Ltd. Class A | 3,383,202 | 5,558 | ||||
* | Super Group Ltd. | 4,858,527 | 5,448 | |||
Distell Group Holdings Ltd. | 1,087,722 | 5,440 | ||||
Liberty Holdings Ltd. | 1,607,423 | 5,320 | ||||
Imperial Logistics Ltd. | 2,475,568 | 5,250 | ||||
Omnia Holdings Ltd. | 2,222,784 | 5,204 | ||||
KAP Industrial Holdings Ltd. | 34,374,077 | 4,894 | ||||
Reunert Ltd. | 2,198,539 | 4,534 | ||||
* | Hyprop Investments Ltd. | 3,423,131 | 4,238 | |||
Cashbuild Ltd. | 297,249 | 4,022 | ||||
Astral Foods Ltd. | 520,256 | 3,690 | ||||
Vukile Property Fund Ltd. | 12,410,070 | 3,689 | ||||
* | Advtech Ltd. | 7,329,448 | 3,661 | |||
MAS Real Estate Inc. | 5,602,006 | 3,519 | ||||
Investec Australia Property Fund | 4,008,822 | 3,508 | ||||
Investec Property Fund Ltd. | 7,527,582 | 3,475 | ||||
* | DataTec Ltd. | 2,421,219 | 3,284 | |||
Wilson Bayly Holmes-Ovcon Ltd. | 615,686 | 3,212 | ||||
1 | Steinhoff International Holdings NV (XJSE) | 56,911,386 | 3,021 | |||
Famous Brands Ltd. | 1,060,005 | 2,811 | ||||
Raubex Group Ltd. | 2,286,937 | 2,810 | ||||
1 | Massmart Holdings Ltd. | 1,360,236 | 2,763 | |||
Metair Investments Ltd. | 2,614,217 | 2,650 | ||||
SA Corporate Real Estate Ltd. | 34,506,381 | 2,573 | ||||
* | Sun International Ltd. | 2,900,321 | 2,408 | |||
*,1 | Brait SE | 10,744,448 | 2,336 | |||
EPP NV | 6,202,151 | 2,208 | ||||
Curro Holdings Ltd. | 3,526,773 | 2,167 | ||||
Emira Property Fund Ltd. | 5,597,714 | 2,152 | ||||
Zeder Investments Ltd. | 13,001,432 | 2,122 | ||||
Fortress REIT Ltd. Class B (XJSE) | 18,331,336 | 1,947 | ||||
Attacq Ltd. | 9,796,107 | 1,876 | ||||
Hudaco Industries Ltd. | 383,847 | 1,866 | ||||
Adcock Ingram Holdings Ltd. | 740,300 | 1,841 | ||||
* | Blue Label Telecoms Ltd. | 8,442,071 | 1,837 | |||
* | Long4Life Ltd. | 10,663,095 | 1,769 | |||
Alexander Forbes Group Holdings Ltd. | 8,424,381 | 1,747 | ||||
Tsogo Sun Gaming Ltd. | 7,199,183 | 1,540 | ||||
Hosken Consolidated Investments Ltd. | 622,421 | 1,513 | ||||
* | RMB Holdings Ltd. | 17,457,908 | 1,155 | |||
EOH Holdings Ltd. | 531,503 | 157 | ||||
Grindrod Ltd. | 619,405 | 143 | ||||
* | Tsogo Sun Hotels Ltd. | 1,621,766 | 136 | |||
Steinhoff International Holdings NV (XETR) | 1,075,902 | 57 | ||||
3,310,608 | ||||||
Taiwan (15.7%) | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd. | 213,829,785 | 3,235,175 | ||||
Taiwan Semiconductor Manufacturing Co. Ltd. ADR | 20,327,221 | 1,704,844 | ||||
MediaTek Inc. | 19,466,630 | 462,727 | ||||
Hon Hai Precision Industry Co. Ltd. | 155,662,761 | 422,178 | ||||
Delta Electronics Inc. | 28,230,356 | 187,828 | ||||
Formosa Plastics Corp. | 62,420,057 | 172,789 | ||||
Nan Ya Plastics Corp. | 72,819,819 | 149,582 |
Shares | Market Value ($000) | |||||
CTBC Financial Holding Co. Ltd. | 233,321,062 | 147,345 | ||||
Largan Precision Co. Ltd. | 1,340,076 | 142,315 | ||||
Cathay Financial Holding Co. Ltd. | 105,716,826 | 142,055 | ||||
Mega Financial Holding Co. Ltd. | 142,189,503 | 137,014 | ||||
Fubon Financial Holding Co. Ltd. | 93,392,474 | 133,043 | ||||
E.Sun Financial Holding Co. Ltd. | 155,103,931 | 131,872 | ||||
Uni-President Enterprises Corp. | 60,863,868 | 130,465 | ||||
China Steel Corp. | 157,261,308 | 111,712 | ||||
Chunghwa Telecom Co. Ltd. | 29,373,663 | 110,201 | ||||
Formosa Chemicals & Fibre Corp. | 43,123,449 | 103,863 | ||||
Yuanta Financial Holding Co. Ltd. | 157,573,210 | 97,968 | ||||
ASE Technology Holding Co. Ltd. | 43,645,723 | 97,966 | ||||
Taiwan Cement Corp. | 68,638,753 | 97,410 | ||||
First Financial Holding Co. Ltd. | 137,210,627 | 96,277 | ||||
Hotai Motor Co. Ltd. | 4,330,154 | 91,264 | ||||
Taiwan Cooperative Financial Holding Co. Ltd. | 130,258,738 | 87,499 | ||||
United Microelectronics Corp. | 80,498,270 | 86,516 | ||||
Quanta Computer Inc. | 34,082,200 | 85,998 | ||||
Chailease Holding Co. Ltd. | 17,161,092 | 83,367 | ||||
Realtek Semiconductor Corp. | 6,422,959 | 80,014 | ||||
Chunghwa Telecom Co. Ltd. ADR | 2,080,874 | 78,615 | ||||
Hua Nan Financial Holdings Co. Ltd. | 129,779,135 | 78,087 | ||||
Yageo Corp. | 6,158,169 | 76,717 | ||||
Asustek Computer Inc. | 8,783,937 | 74,629 | ||||
Novatek Microelectronics Corp. | 7,727,560 | 72,215 | ||||
United Microelectronics Corp. ADR | 13,574,058 | 71,942 | ||||
Taiwan Mobile Co. Ltd. | 20,569,941 | 70,267 | ||||
President Chain Store Corp. | 6,961,449 | 62,833 | ||||
Taishin Financial Holding Co. Ltd. | 140,576,700 | 61,992 | ||||
Win Semiconductors Corp. | 5,454,519 | 59,505 | ||||
Pegatron Corp. | 27,145,213 | 58,499 | ||||
Catcher Technology Co. Ltd. | 9,241,956 | 58,423 | ||||
Shanghai Commercial & Savings Bank Ltd. | 44,384,350 | 57,537 | ||||
Advantech Co. Ltd. | 5,563,361 | 56,323 | ||||
Airtac International Group | 2,007,581 | 54,046 | ||||
SinoPac Financial Holdings Co. Ltd. | 142,468,618 | 53,334 | ||||
Chang Hwa Commercial Bank Ltd. | 88,244,914 | 52,617 | ||||
Accton Technology Corp. | 7,188,610 | 52,227 | ||||
Formosa Petrochemical Corp. | 18,627,977 | 51,282 | ||||
Silergy Corp. | 822,890 | 50,734 | ||||
China Development Financial Holding Corp. | 164,731,653 | 48,342 | ||||
Far Eastern New Century Corp. | 53,335,963 | 48,152 | ||||
Lite-On Technology Corp. | 28,719,084 | 46,781 | ||||
Asia Cement Corp. | 31,566,510 | 45,438 | ||||
Globalwafers Co. Ltd. | 2,873,810 | 41,849 | ||||
* | Oneness Biotech Co. Ltd. | 4,047,000 | 41,717 | |||
Unimicron Technology Corp. | 17,416,979 | 41,616 | ||||
Giant Manufacturing Co. Ltd. | 4,048,423 | 39,994 | ||||
Far EasTone Telecommunications Co. Ltd. | 19,009,035 | 39,894 | ||||
Vanguard International Semiconductor Corp. | 12,116,640 | 39,586 | ||||
* | Innolux Corp. | 113,960,372 | 39,554 | |||
Shin Kong Financial Holding Co. Ltd. | 140,385,214 | 39,103 | ||||
Wistron Corp. | 37,974,535 | 37,965 | ||||
Walsin Technology Corp. | 6,593,521 | 37,758 | ||||
Micro-Star International Co. Ltd. | 9,294,200 | 37,464 | ||||
Feng TAY Enterprise Co. Ltd. | 5,988,132 | 36,349 | ||||
Compal Electronics Inc. | 55,733,900 | 36,311 | ||||
Eclat Textile Co. Ltd. | 2,697,209 | 35,889 | ||||
Parade Technologies Ltd. | 934,290 | 35,703 | ||||
* | AU Optronics Corp. | 87,398,549 | 35,299 | |||
Zhen Ding Technology Holding Ltd. | 8,000,710 | 33,908 |
Shares | Market Value ($000) | |||||
Merida Industry Co. Ltd. | 3,341,526 | 32,578 | ||||
Inventec Corp. | 41,066,966 | 32,504 | ||||
* | Acer Inc. | 38,779,897 | 32,409 | |||
Pou Chen Corp. | 36,120,021 | 31,915 | ||||
Cheng Shin Rubber Industry Co. Ltd. | 24,820,095 | 31,351 | ||||
Hiwin Technologies Corp. | 3,543,147 | 30,915 | ||||
Taiwan High Speed Rail Corp. | 28,137,912 | 29,782 | ||||
Wiwynn Corp. | 1,137,280 | 28,938 | ||||
Powertech Technology Inc. | 9,595,550 | 28,392 | ||||
China Life Insurance Co. Ltd. | 41,832,139 | 28,053 | ||||
Synnex Technology International Corp. | 18,342,800 | 27,261 | ||||
WPG Holdings Ltd. | 20,058,720 | 27,245 | ||||
Macronix International | 24,012,737 | 26,953 | ||||
Tripod Technology Corp. | 6,701,040 | 26,648 | ||||
Simplo Technology Co. Ltd. | 2,346,310 | 26,172 | ||||
Foxconn Technology Co. Ltd. | 14,919,663 | 26,166 | ||||
Walsin Lihwa Corp. | 41,490,405 | 25,782 | ||||
Chroma ATE Inc. | 5,309,280 | 25,296 | ||||
Teco Electric & Machinery Co. Ltd. | 24,012,320 | 25,114 | ||||
Sino-American Silicon Products Inc. | 7,184,742 | 25,101 | ||||
Chicony Electronics Co. Ltd. | 8,129,458 | 24,509 | ||||
Voltronic Power Technology Corp. | 694,325 | 23,816 | ||||
Winbond Electronics Corp. | 40,048,452 | 23,788 | ||||
Radiant Opto-Electronics Corp. | 5,965,751 | 23,505 | ||||
ASMedia Technology Inc. | 457,857 | 22,985 | ||||
Compeq Manufacturing Co. Ltd. | 14,939,760 | 22,802 | ||||
Nanya Technology Corp. | 11,058,878 | 22,410 | ||||
Phison Electronics Corp. | 2,150,080 | 22,381 | ||||
Genius Electronic Optical Co. Ltd. | 1,129,299 | 22,198 | ||||
ASPEED Technology Inc. | 458,010 | 22,167 | ||||
Taiwan Business Bank | 67,233,544 | 22,118 | ||||
Poya International Co. Ltd. | 1,018,233 | 21,992 | ||||
* | Evergreen Marine Corp. Taiwan Ltd. | 32,829,897 | 21,721 | |||
Ruentex Development Co. Ltd. | 15,294,270 | 21,149 | ||||
Nien Made Enterprise Co. Ltd. | 1,873,560 | 21,123 | ||||
Elite Material Co. Ltd. | 3,812,156 | 20,030 | ||||
Highwealth Construction Corp. | 13,207,321 | 19,183 | ||||
ITEQ Corp. | 4,514,445 | 18,964 | ||||
Sinbon Electronics Co. Ltd. | 2,782,475 | 18,757 | ||||
eMemory Technology Inc. | 932,100 | 18,644 | ||||
Elan Microelectronics Corp. | 3,798,870 | 17,945 | ||||
Chipbond Technology Corp. | 8,137,130 | 17,825 | ||||
King's Town Bank Co. Ltd. | 12,986,340 | 17,603 | ||||
Taiwan Fertilizer Co. Ltd. | 9,810,186 | 17,578 | ||||
Lien Hwa Industrial Holdings Corp. | 12,544,882 | 17,550 | ||||
International Games System Co. Ltd. | 664,300 | 17,481 | ||||
Gigabyte Technology Co. Ltd. | 6,637,850 | 16,702 | ||||
FLEXium Interconnect Inc. | 4,087,990 | 16,691 | ||||
Makalot Industrial Co. Ltd. | 2,512,266 | 16,653 | ||||
E Ink Holdings Inc. | 12,074,440 | 16,214 | ||||
Eternal Materials Co. Ltd. | 13,714,630 | 16,151 | ||||
King Yuan Electronics Co. Ltd. | 14,956,280 | 15,700 | ||||
* | Epistar Corp. | 13,311,530 | 15,635 | |||
* | United Renewable Energy Co. Ltd. | 28,963,470 | 15,368 | |||
IBF Financial Holdings Co. Ltd. | 37,025,479 | 15,231 | ||||
Cheng Loong Corp. | 12,814,230 | 15,225 | ||||
Formosa Taffeta Co. Ltd. | 13,799,632 | 15,111 | ||||
United Integrated Services Co. Ltd. | 2,073,800 | 14,398 | ||||
momo.com Inc. | 601,000 | 14,383 | ||||
Lotes Co. Ltd. | 930,748 | 14,230 | ||||
Goldsun Building Materials Co. Ltd. | 15,323,415 | 14,063 |
Shares | Market Value ($000) | |||||
Taichung Commercial Bank Co. Ltd. | 36,086,545 | 13,696 | ||||
Nan Kang Rubber Tire Co. Ltd. | 9,395,390 | 13,638 | ||||
Great Wall Enterprise Co. Ltd. | 8,604,599 | 13,542 | ||||
TA Chen Stainless Pipe | 17,448,694 | 13,379 | ||||
Ruentex Industries Ltd. | 5,688,591 | 13,177 | ||||
Nantex Industry Co. Ltd. | 4,874,000 | 13,168 | ||||
Taiwan Surface Mounting Technology Corp. | 3,960,110 | 13,045 | ||||
Standard Foods Corp. | 6,081,603 | 13,008 | ||||
* | Microbio Co. Ltd. | 5,015,000 | 12,745 | |||
* | AU Optronics Corp. ADR | 3,201,010 | 12,740 | |||
Merry Electronics Co. Ltd. | 2,577,901 | 12,725 | ||||
CTCI Corp. | 9,299,510 | 12,664 | ||||
* | Adimmune Corp. | 6,154,825 | 12,598 | |||
Bizlink Holding Inc. | 1,620,128 | 12,458 | ||||
YFY Inc. | 18,052,703 | 12,264 | ||||
Mitac Holdings Corp. | 12,311,901 | 12,162 | ||||
Qisda Corp. | 18,562,620 | 12,161 | ||||
Far Eastern Department Stores Ltd. | 14,609,878 | 12,066 | ||||
Eva Airways Corp. | 31,532,760 | 11,917 | ||||
Tong Hsing Electronic Industries Ltd. | 2,659,710 | 11,740 | ||||
Tung Ho Steel Enterprise Corp. | 11,085,660 | 11,722 | ||||
Taiwan Secom Co. Ltd. | 3,811,876 | 11,698 | ||||
Jentech Precision Industrial Co. Ltd. | 1,118,570 | 11,678 | ||||
Nan Ya Printed Circuit Board Corp. | 2,849,521 | 11,529 | ||||
Capital Securities Corp. | 29,603,773 | 11,296 | ||||
TCI Co. Ltd. | 1,411,549 | 11,275 | ||||
AP Memory Technology Corp. | 1,057,060 | 11,165 | ||||
Taiwan Union Technology Corp. | 3,308,052 | 11,022 | ||||
China Petrochemical Development Corp. | 36,785,730 | 11,011 | ||||
General Interface Solution Holding Ltd. | 2,701,070 | 10,741 | ||||
* | China Airlines Ltd. | 34,881,146 | 10,682 | |||
Global Unichip Corp. | 1,168,960 | 10,611 | ||||
Far Eastern International Bank | 29,030,336 | 10,510 | ||||
* | HannStar Display Corp. | 31,916,193 | 10,250 | |||
Chilisin Electronics Corp. | 2,770,851 | 10,241 | ||||
Wistron NeWeb Corp. | 3,839,787 | 10,148 | ||||
TXC Corp. | 3,760,630 | 10,143 | ||||
Fusheng Precision Co. Ltd. | 1,592,920 | 10,041 | ||||
Alchip Technologies Ltd. | 585,463 | 9,935 | ||||
Run Long Construction Co. Ltd. | 4,459,200 | 9,870 | ||||
* | Taiwan Glass Industry Corp. | 22,376,290 | 9,822 | |||
* | HTC Corp. | 9,660,301 | 9,712 | |||
Huaku Development Co. Ltd. | 3,149,200 | 9,548 | ||||
* | Yulon Motor Co. Ltd. | 7,472,444 | 9,316 | |||
Shin Zu Shing Co. Ltd. | 1,863,853 | 9,268 | ||||
Wan Hai Lines Ltd. | 10,066,460 | 9,233 | ||||
* | XinTec Inc. | 2,182,225 | 9,194 | |||
* | Grand Pacific Petrochemical | 11,486,304 | 9,151 | |||
Solar Applied Materials Technology Co. | 5,854,000 | 8,780 | ||||
Kinsus Interconnect Technology Corp. | 3,624,530 | 8,778 | ||||
LandMark Optoelectronics Corp. | 945,470 | 8,772 | ||||
Hota Industrial Manufacturing Co. Ltd. | 2,839,962 | 8,739 | ||||
Pixart Imaging Inc. | 1,451,680 | 8,644 | ||||
Advanced Ceramic X Corp. | 683,105 | 8,569 | ||||
King Slide Works Co. Ltd. | 849,000 | 8,556 | ||||
* | Center Laboratories Inc. | 3,823,589 | 8,485 | |||
Tong Yang Industry Co. Ltd. | 6,413,350 | 8,462 | ||||
* | Transcend Information Inc. | 3,787,069 | 8,445 | |||
Robinsons Land Corp. | 27,192,307 | 8,421 | ||||
Grape King Bio Ltd. | 1,437,529 | 8,352 | ||||
Asia Vital Components Co. Ltd. | 3,496,890 | 8,243 |
Shares | Market Value ($000) | |||||
Clevo Co. | 8,133,000 | 8,228 | ||||
Taiwan Paiho Ltd. | 3,291,140 | 8,188 | ||||
Sercomm Corp. | 3,165,600 | 8,134 | ||||
* | TaiMed Biologics Inc. | 2,576,090 | 8,065 | |||
Topco Scientific Co. Ltd. | 2,006,342 | 8,044 | ||||
Shinkong Synthetic Fibers Corp. | 19,599,400 | 7,945 | ||||
Getac Technology Corp. | 4,768,420 | 7,851 | ||||
International CSRC Investment Holdings Co. | 11,423,270 | 7,837 | ||||
ChipMOS Technologies Inc. | 7,912,148 | 7,798 | ||||
TPK Holding Co. Ltd. | 4,413,288 | 7,789 | ||||
Chung-Hsin Electric & Machinery Manufacturing Corp. | 4,606,000 | 7,763 | ||||
Taiwan Hon Chuan Enterprise Co. Ltd. | 3,778,650 | 7,724 | ||||
Cheng Uei Precision Industry Co. Ltd. | 5,448,673 | 7,710 | ||||
Charoen Pokphand Enterprise | 3,187,676 | 7,668 | ||||
Apex International Co. Ltd. | 2,945,000 | 7,653 | ||||
Gudeng Precision Industrial Co. Ltd. | 846,000 | 7,649 | ||||
Jih Sun Financial Holdings Co. Ltd. | 20,720,537 | 7,619 | ||||
Arcadyan Technology Corp. | 2,179,219 | 7,615 | ||||
Chong Hong Construction Co. Ltd. | 2,691,000 | 7,495 | ||||
TTY Biopharm Co. Ltd. | 2,804,160 | 7,487 | ||||
Yulon Finance Corp. | 2,175,250 | 7,364 | ||||
USI Corp. | 11,919,861 | 7,363 | ||||
Ardentec Corp. | 6,256,522 | 7,323 | ||||
Everlight Electronics Co. Ltd. | 5,389,410 | 7,156 | ||||
* | Gold Circuit Electronics Ltd. | 4,644,090 | 7,148 | |||
Wafer Works Corp. | 6,394,281 | 7,095 | ||||
AURAS Technology Co. Ltd. | 919,000 | 7,061 | ||||
* | PharmaEssentia Corp. | 2,497,091 | 6,997 | |||
* | OBI Pharma Inc. | 1,779,917 | 6,968 | |||
Century Iron & Steel Industrial Co. Ltd. | 1,530,000 | 6,966 | ||||
Visual Photonics Epitaxy Co. Ltd. | 2,456,960 | 6,936 | ||||
Sporton International Inc. | 863,459 | 6,903 | ||||
Sanyang Motor Co. Ltd. | 8,711,330 | 6,869 | ||||
TSRC Corp. | 9,640,940 | 6,835 | ||||
Primax Electronics Ltd. | 4,303,940 | 6,690 | ||||
Nan Liu Enterprise Co. Ltd. | 822,000 | 6,678 | ||||
Coretronic Corp. | 5,550,900 | 6,652 | ||||
Sunny Friend Environmental Technology Co. Ltd. | 896,000 | 6,628 | ||||
China Steel Chemical Corp. | 2,053,000 | 6,578 | ||||
Kinpo Electronics | 17,813,670 | 6,565 | ||||
* | Yang Ming Marine Transport Corp. | 16,296,725 | 6,560 | |||
Advanced Wireless Semiconductor Co. | 1,894,266 | 6,549 | ||||
* | Asia Pacific Telecom Co. Ltd. | 19,927,352 | 6,547 | |||
President Securities Corp. | 12,709,386 | 6,543 | ||||
* | Brighton-Best International Taiwan Inc. | 7,267,000 | 6,485 | |||
Taiwan Cogeneration Corp. | 4,870,850 | 6,483 | ||||
Tainan Spinning Co. Ltd. | 15,056,000 | 6,482 | ||||
Greatek Electronics Inc. | 3,704,000 | 6,454 | ||||
TaiDoc Technology Corp. | 794,000 | 6,429 | ||||
Nan Pao Resins Chemical Co. Ltd. | 1,286,000 | 6,350 | ||||
Asia Optical Co. Inc. | 2,846,260 | 6,342 | ||||
RichWave Technology Corp. | 762,000 | 6,339 | ||||
Longchen Paper & Packaging Co. Ltd. | 11,190,488 | 6,316 | ||||
* | Via Technologies Inc. | 4,802,620 | 6,308 | |||
Farglory Land Development Co. Ltd. | 4,080,550 | 6,284 | ||||
Holy Stone Enterprise Co. Ltd. | 1,783,793 | 6,281 | ||||
Yieh Phui Enterprise Co. Ltd. | 17,573,928 | 6,247 | ||||
Sigurd Microelectronics Corp. | 4,716,546 | 6,233 | ||||
Fulgent Sun International Holding Co. Ltd. | 1,455,893 | 6,103 | ||||
Foxsemicon Integrated Technology Inc. | 996,642 | 6,049 | ||||
WT Microelectronics Co. Ltd. | 4,641,651 | 5,977 |
Shares | Market Value ($000) | |||||
Cub Elecparts Inc. | 1,063,008 | 5,901 | ||||
Cleanaway Co. Ltd. | 1,065,000 | 5,870 | ||||
U-Ming Marine Transport Corp. | 5,781,108 | 5,867 | ||||
Cathay Real Estate Development Co. Ltd. | 8,737,984 | 5,825 | ||||
Taiwan FamilyMart Co. Ltd. | 637,000 | 5,822 | ||||
KMC Kuei Meng International Inc. | 800,000 | 5,813 | ||||
Lealea Enterprise Co. Ltd. | 12,494,930 | 5,759 | ||||
Ennoconn Corp. | 729,316 | 5,758 | ||||
* | Medigen Vaccine Biologics Corp. | 1,948,000 | 5,733 | |||
Systex Corp. | 2,013,000 | 5,709 | ||||
Sitronix Technology Corp. | 1,291,070 | 5,694 | ||||
Chunghwa Precision Test Tech Co. Ltd. | 240,153 | 5,687 | ||||
Oriental Union Chemical Corp. | 9,835,582 | 5,647 | ||||
Unitech Printed Circuit Board Corp. | 7,653,880 | 5,644 | ||||
St. Shine Optical Co. Ltd. | 620,000 | 5,619 | ||||
Prince Housing & Development Corp. | 15,201,270 | 5,610 | ||||
Kindom Development Co. Ltd. | 4,546,000 | 5,540 | ||||
Chicony Power Technology Co. Ltd. | 2,364,000 | 5,529 | ||||
* | China Motor Corp. | 3,556,844 | 5,527 | |||
Pan Jit International Inc. | 4,365,740 | 5,511 | ||||
Hannstar Board Corp. | 4,013,685 | 5,505 | ||||
Lung Yen Life Service Corp. | 2,978,000 | 5,498 | ||||
Wah Lee Industrial Corp. | 2,429,210 | 5,420 | ||||
UPC Technology Corp. | 11,823,041 | 5,378 | ||||
Mercuries & Associates Holding Ltd. | 7,372,824 | 5,364 | ||||
Sunonwealth Electric Machine Industry Co. Ltd. | 2,617,000 | 5,362 | ||||
Casetek Holdings Ltd. | 1,752,364 | 5,299 | ||||
Swancor Holding Co. Ltd. | 953,000 | 5,273 | ||||
Career Technology MFG. Co. Ltd. | 5,178,721 | 5,236 | ||||
* | China Man-Made Fiber Corp. | 17,882,900 | 5,228 | |||
Ta Ya Electric Wire & Cable | 7,412,000 | 5,217 | ||||
A-DATA Technology Co. Ltd. | 2,657,000 | 5,132 | ||||
Supreme Electronics Co. Ltd. | 4,806,790 | 5,101 | ||||
D-Link Corp. | 8,020,000 | 5,086 | ||||
* | Motech Industries Inc. | 3,826,574 | 5,036 | |||
Hotai Finance Co. Ltd. | 1,827,000 | 5,034 | ||||
* | Taiwan TEA Corp. | 8,730,000 | 5,025 | |||
Test Research Inc. | 2,557,660 | 4,974 | ||||
Universal Vision Biotechnology Co. Ltd. | 549,000 | 4,954 | ||||
AcBel Polytech Inc. | 5,365,000 | 4,905 | ||||
Dynapack International Technology Corp. | 1,746,000 | 4,874 | ||||
Chin-Poon Industrial Co. Ltd. | 4,581,890 | 4,861 | ||||
* | Mercuries Life Insurance Co. Ltd. | 16,190,350 | 4,813 | |||
Topkey Corp. | 898,000 | 4,774 | ||||
Egis Technology Inc. | 871,100 | 4,754 | ||||
Taiwan Semiconductor Co. Ltd. | 2,987,290 | 4,700 | ||||
Alpha Networks Inc. | 5,172,772 | 4,676 | ||||
* | Wisdom Marine Lines Co. Ltd. | 6,295,155 | 4,670 | |||
* | Ho Tung Chemical Corp. | 12,634,459 | 4,667 | |||
Aten International Co. Ltd. | 1,618,740 | 4,656 | ||||
Taiwan Sakura Corp. | 2,695,000 | 4,654 | ||||
Taiwan PCB Techvest Co. Ltd. | 3,237,000 | 4,613 | ||||
BES Engineering Corp. | 17,815,000 | 4,570 | ||||
Elite Semiconductor Microelectronics Technology Inc. | 3,092,000 | 4,541 | ||||
Test Rite International Co. Ltd. | 5,094,000 | 4,480 | ||||
Adlink Technology Inc. | 1,932,895 | 4,465 | ||||
SDI Corp. | 2,095,236 | 4,427 | ||||
Holtek Semiconductor Inc. | 1,788,483 | 4,411 | ||||
FocalTech Systems Co. Ltd. | 2,417,482 | 4,333 | ||||
YungShin Global Holding Corp. | 2,884,000 | 4,328 | ||||
Global Mixed Mode Technology Inc. | 824,000 | 4,303 |
Shares | Market Value ($000) | |||||
China General Plastics Corp. | 5,577,073 | 4,266 | ||||
Sonix Technology Co. Ltd. | 1,824,000 | 4,258 | ||||
Syncmold Enterprise Corp. | 1,417,500 | 4,253 | ||||
China Metal Products | 3,605,000 | 4,197 | ||||
Speed Tech Corp. | 1,244,000 | 4,196 | ||||
Federal Corp. | 5,954,040 | 4,165 | ||||
Machvision Inc. | 416,306 | 4,127 | ||||
Innodisk Corp. | 775,200 | 4,063 | ||||
Chlitina Holding Ltd. | 661,000 | 4,050 | ||||
PChome Online Inc. | 1,198,873 | 4,042 | ||||
* | Lite-On Semiconductor Corp. | 2,712,000 | 4,000 | |||
Darfon Electronics Corp. | 2,854,000 | 3,952 | ||||
Sinyi Realty Inc. | 3,944,541 | 3,947 | ||||
CMC Magnetics Corp. | 14,093,950 | 3,919 | ||||
* | Hung Sheng Construction Ltd. | 6,514,330 | 3,898 | |||
Chaun-Choung Technology Corp. | 480,000 | 3,882 | ||||
Gemtek Technology Corp. | 3,989,000 | 3,876 | ||||
Radium Life Tech Co. Ltd. | 10,488,760 | 3,875 | ||||
Formosa International Hotels Corp. | 868,000 | 3,874 | ||||
Hsin Kuang Steel Co. Ltd. | 3,518,000 | 3,872 | ||||
Faraday Technology Corp. | 2,644,000 | 3,860 | ||||
Kung Long Batteries Industrial Co. Ltd. | 797,000 | 3,820 | ||||
Taiwan Styrene Monomer | 6,767,050 | 3,814 | ||||
Tung Thih Electronic Co. Ltd. | 871,000 | 3,798 | ||||
Wei Chuan Foods Corp. | 5,406,600 | 3,785 | ||||
YC INOX Co. Ltd. | 4,661,200 | 3,735 | ||||
Soft-World International Corp. | 1,305,000 | 3,714 | ||||
Elite Advanced Laser Corp. | 1,666,349 | 3,694 | ||||
ScinoPharm Taiwan Ltd. | 3,739,576 | 3,693 | ||||
Sampo Corp. | 4,557,800 | 3,685 | ||||
Xxentria Technology Materials Corp. | 1,840,000 | 3,674 | ||||
ITE Technology Inc. | 1,519,000 | 3,665 | ||||
* | Roo Hsing Co. Ltd. | 9,110,000 | 3,651 | |||
AmTRAN Technology Co. Ltd. | 10,137,000 | 3,616 | ||||
Gourmet Master Co. Ltd. | 981,469 | 3,592 | ||||
Namchow Holdings Co. Ltd. | 2,384,000 | 3,574 | ||||
Chief Telecom Inc. | 278,000 | 3,566 | ||||
* | Taigen Biopharmaceuticals Holdings Ltd. | 4,011,820 | 3,490 | |||
Unizyx Holding Corp. | 4,418,000 | 3,487 | ||||
Chia Hsin Cement Corp. | 6,370,000 | 3,476 | ||||
Taiflex Scientific Co. Ltd. | 1,971,920 | 3,459 | ||||
Zeng Hsing Industrial Co. Ltd. | 725,000 | 3,456 | ||||
Ton Yi Industrial Corp. | 9,910,000 | 3,442 | ||||
* | OptoTech Corp. | 4,291,987 | 3,383 | |||
Flytech Technology Co. Ltd. | 1,593,650 | 3,363 | ||||
Nichidenbo Corp. | 2,115,460 | 3,326 | ||||
Johnson Health Tech Co. Ltd. | 1,439,000 | 3,314 | ||||
Yeong Guan Energy Technology Group Co. Ltd. | 1,032,180 | 3,311 | ||||
Everlight Chemical Industrial Corp. | 5,648,200 | 3,232 | ||||
* | Ritek Corp. | 8,822,489 | 3,214 | |||
TA-I Technology Co. Ltd. | 1,349,750 | 3,194 | ||||
* | Lotus Pharmaceutical Co. Ltd. | 1,133,000 | 3,174 | |||
Lextar Electronics Corp. | 4,994,663 | 3,158 | ||||
Kinik Co. | 1,511,000 | 3,094 | ||||
* | Shining Building Business Co. Ltd. | 8,563,638 | 3,044 | |||
Hu Lane Associate Inc. | 1,078,300 | 3,028 | ||||
Pan-International Industrial Corp. | 5,036,000 | 3,024 | ||||
Depo Auto Parts Ind Co. Ltd. | 1,799,000 | 2,968 | ||||
Rich Development Co. Ltd. | 8,591,000 | 2,964 | ||||
* | Medigen Biotechnology Corp. | 1,470,000 | 2,941 | |||
Ginko International Co. Ltd. | 648,900 | 2,903 |
Shares | Market Value ($000) | |||||
Formosan Rubber Group Inc. | 4,084,135 | 2,873 | ||||
* | Taiwan Land Development Corp. | 10,864,201 | 2,795 | |||
China Chemical & Pharmaceutical Co. Ltd. | 3,501,000 | 2,788 | ||||
Silicon Integrated Systems Corp. | 7,070,203 | 2,780 | ||||
Yulon Nissan Motor Co. Ltd. | 322,188 | 2,775 | ||||
Gloria Material Technology Corp. | 5,139,640 | 2,773 | ||||
* | Gigastorage Corp. | 3,024,953 | 2,735 | |||
* | Li Peng Enterprise Co. Ltd. | 9,936,000 | 2,714 | |||
Huang Hsiang Construction Corp. | 1,997,000 | 2,705 | ||||
* | Dynamic Electronics Co. Ltd. | 4,153,451 | 2,686 | |||
Evergreen International Storage & Transport Corp. | 5,273,000 | 2,666 | ||||
Firich Enterprises Co. Ltd. | 2,985,378 | 2,664 | ||||
Quanta Storage Inc. | 2,078,000 | 2,641 | ||||
* | CSBC Corp. Taiwan | 3,058,540 | 2,633 | |||
Hong Pu Real Estate Development Co. Ltd. | 3,153,000 | 2,622 | ||||
Altek Corp. | 2,882,000 | 2,596 | ||||
Orient Semiconductor Electronics Ltd. | 6,664,792 | 2,582 | ||||
Concraft Holding Co. Ltd. | 848,492 | 2,575 | ||||
Global Brands Manufacture Ltd. | 3,379,000 | 2,563 | ||||
Rechi Precision Co. Ltd. | 3,808,000 | 2,558 | ||||
Sunplus Technology Co. Ltd. | 5,033,000 | 2,486 | ||||
HannsTouch Solution Inc. | 7,036,115 | 2,451 | ||||
IEI Integration Corp. | 1,546,920 | 2,378 | ||||
Darwin Precisions Corp. | 5,857,900 | 2,266 | ||||
Kuo Toong International Co. Ltd. | 2,995,514 | 2,263 | ||||
Ichia Technologies Inc. | 3,652,000 | 2,257 | ||||
CyberTAN Technology Inc. | 4,414,000 | 2,163 | ||||
Posiflex Technology Inc. | 787,764 | 2,160 | ||||
Wowprime Corp. | 821,000 | 2,146 | ||||
Cyberlink Corp. | 602,000 | 2,144 | ||||
PharmaEngine Inc. | 1,112,457 | 2,125 | ||||
* | Bank of Kaohsiung Co. Ltd. | 5,989,713 | 2,106 | |||
Tyntek Corp. | 3,436,000 | 2,106 | ||||
WUS Printed Circuit Co. Ltd. | 2,013,156 | 2,052 | ||||
Weltrend Semiconductor | 1,901,567 | 2,040 | ||||
KEE TAI Properties Co. Ltd. | 5,952,000 | 2,009 | ||||
Elitegroup Computer Systems Co. Ltd. | 3,293,000 | 1,954 | ||||
Iron Force Industrial Co. Ltd. | 680,000 | 1,862 | ||||
Gigasolar Materials Corp. | 298,000 | 1,856 | ||||
Taiyen Biotech Co. Ltd. | 1,596,000 | 1,826 | ||||
Sincere Navigation Corp. | 3,656,240 | 1,824 | ||||
FSP Technology Inc. | 1,548,120 | 1,804 | ||||
Li Cheng Enterprise Co. Ltd. | 1,898,996 | 1,798 | ||||
CHC Healthcare Group | 1,380,899 | 1,795 | ||||
* | Newmax Technology Co. Ltd. | 1,301,000 | 1,792 | |||
Globe Union Industrial Corp. | 3,327,000 | 1,785 | ||||
TYC Brother Industrial Co. Ltd. | 2,422,000 | 1,756 | ||||
* | ALI Corp. | 1,718,275 | 1,741 | |||
Basso Industry Corp. | 1,277,000 | 1,714 | ||||
Chung Hwa Pulp Corp. | 5,252,000 | 1,692 | ||||
Brogent Technologies Inc. | 475,820 | 1,666 | ||||
* | Phihong Technology Co. Ltd. | 4,014,000 | 1,645 | |||
Advanced International Multitech Co. Ltd. | 1,167,000 | 1,583 | ||||
Jess-Link Products Co. Ltd. | 1,279,750 | 1,519 | ||||
Zinwell Corp. | 2,356,000 | 1,499 | ||||
Tong-Tai Machine & Tool Co. Ltd. | 2,993,000 | 1,477 | ||||
China Electric Manufacturing Corp. | 3,879,180 | 1,472 | ||||
Ability Enterprise Co. Ltd. | 3,212,491 | 1,453 | ||||
* | Etron Technology Inc. | 2,458,487 | 1,446 | |||
Senao International Co. Ltd. | 1,417,000 | 1,413 | ||||
Infortrend Technology Inc. | 3,282,000 | 1,385 |
Shares | Market Value ($000) | |||||
* | AGV Products Corp. | 5,064,370 | 1,311 | |||
3 | Pharmally International Holding Co. Ltd. | 612,856 | 1,213 | |||
Toung Loong Textile Manufacturing | 1,156,000 | 996 | ||||
Sheng Yu Steel Co. Ltd. | 1,532,000 | 982 | ||||
Vivotek Inc. | 351,349 | 892 | ||||
Nien Hsing Textile Co. Ltd. | 1,416,375 | 796 | ||||
3 | Unity Opto Technology Co. Ltd. | 5,295,000 | 763 | |||
*,3 | E-Ton Solar Tech Co. Ltd. | 843,673 | 43 | |||
* | Etron Technology Inc. Rights Exp. 11/16/2020 | 423,473 | 31 | |||
L&K Engineering Co. Ltd. | 33,000 | 30 | ||||
* | Medigen Vaccine Biologics Corp. Rights Exp. 11/05/2020 | 169,732 | 20 | |||
*,3 | Pihsiang Machinery Manufacturing Co. Ltd. | 2,219,000 | — | |||
*,3 | XPEC Entertainment Inc. | 988,965 | — | |||
*,3 | Green Energy Technology Inc. | 2,819,000 | — | |||
*,3 | Ya Hsin Industrial Co. Ltd. | 5,306,018 | — | |||
13,719,151 | ||||||
Thailand (2.4%) | ||||||
PTT PCL (Foreign) | 179,840,815 | 178,725 | ||||
CP ALL PCL (Foreign) | 71,514,421 | 123,112 | ||||
Airports of Thailand PCL (Foreign) | 64,455,044 | 106,869 | ||||
Advanced Info Service PCL (Foreign) | 13,735,406 | 75,976 | ||||
Siam Cement PCL NVDR | 6,822,296 | 73,924 | ||||
Bangkok Dusit Medical Services PCL (Foreign) | 110,084,145 | 61,768 | ||||
Siam Commercial Bank PCL (Foreign) | 26,632,590 | 55,452 | ||||
Siam Cement PCL (Foreign) | 4,520,988 | 48,988 | ||||
PTT Exploration & Production PCL (Foreign) | 19,246,184 | 48,631 | ||||
Intouch Holdings PCL NVDR | 27,678,117 | 47,474 | ||||
Kasikornbank PCL (Foreign) | 17,450,135 | 42,607 | ||||
Charoen Pokphand Foods PCL (Foreign) | 51,842,817 | 41,965 | ||||
Central Pattana PCL (Foreign) | 33,141,324 | 40,873 | ||||
1 | Gulf Energy Development PCL (Foreign) | 43,380,115 | 39,658 | |||
Home Product Center PCL (Foreign) | 79,699,284 | 35,644 | ||||
PTT Global Chemical PCL (Foreign) | 27,500,279 | 35,239 | ||||
Delta Electronics Thailand PCL (Foreign) | 6,026,300 | 34,578 | ||||
1 | BTS Group Holdings PCL (Foreign) | 109,607,635 | 31,274 | |||
Bangkok Expressway & Metro PCL (Foreign) | 115,664,322 | 30,391 | ||||
* | Minor International PCL (Foreign) | 55,869,863 | 29,892 | |||
*,1 | Central Retail Corp. PCL (Foreign) | 34,643,500 | 29,611 | |||
Bangkok Bank PCL NVDR | 8,975,200 | 27,803 | ||||
Digital Telecommunications Infrastructure Fund | 68,162,913 | 27,766 | ||||
Energy Absolute PCL (Foreign) | 22,250,396 | 27,125 | ||||
1 | Krungthai Card PCL (Foreign) | 19,407,031 | 24,578 | |||
Com7 PCL (Foreign) | 15,933,100 | 20,873 | ||||
Krung Thai Bank PCL (Foreign) | 73,927,196 | 20,492 | ||||
Bangkok Bank PCL (Foreign) | 6,389,741 | 19,794 | ||||
Thai Union Group PCL (Foreign) | 39,957,279 | 19,475 | ||||
Electricity Generating PCL (Foreign) | 3,573,611 | 19,017 | ||||
1 | Bangkok Commercial Asset Management PCL (Foreign) | 28,850,100 | 18,678 | |||
Land & Houses PCL NVDR | 87,748,480 | 17,995 | ||||
TMB Bank PCL (Foreign) | 618,341,700 | 16,041 | ||||
Jasmine Broadband Internet Infrastructure Fund | 51,961,937 | 15,758 | ||||
Kasikornbank PCL NVDR | 6,425,975 | 15,692 | ||||
Osotspa PCL (Foreign) | 15,242,400 | 15,634 | ||||
Ratch Group PCL NVDR | 10,347,368 | 15,438 | ||||
1 | Banpu PCL (Foreign) | 72,794,355 | 15,298 | |||
Bumrungrad Hospital PCL (Foreign) | 5,200,674 | 15,173 | ||||
Thai Oil PCL (Foreign) | 13,738,555 | 15,089 | ||||
Muangthai Capital PCL (Foreign) | 8,460,645 | 14,847 | ||||
*,1 | Sri Trang Agro-Industry PCL (Foreign) | 11,814,561 | 13,540 | |||
Indorama Ventures PCL (Foreign) | 18,760,735 | 13,284 |
Shares | Market Value ($000) | |||||
Srisawad Corp. PCL (Foreign) | 7,879,403 | 12,505 | ||||
1 | KCE Electronics PCL (Foreign) | 9,889,014 | 12,355 | |||
1 | Berli Jucker PCL (Foreign) | 13,300,490 | 12,252 | |||
Global Power Synergy PCL (Foreign) | 7,325,640 | 12,160 | ||||
1 | CPN Retail Growth Leasehold REIT | 20,508,600 | 11,971 | |||
Carabao Group PCL (Foreign) | 3,303,705 | 11,595 | ||||
Bangkok Chain Hospital PCL (Foreign) | 26,048,945 | 11,523 | ||||
B Grimm Power PCL (Foreign) | 8,827,047 | 11,110 | ||||
True Corp. PCL (Foreign) | 124,691,188 | 10,857 | ||||
Kiatnakin Phatra Bank PCL (Foreign) | 8,527,170 | 10,797 | ||||
Asset World Corp. PCL (Foreign) | 113,722,800 | 10,640 | ||||
Tisco Financial Group PCL (Foreign) | 4,609,568 | 10,451 | ||||
Thanachart Capital PCL (Foreign) | 11,294,256 | 9,959 | ||||
1 | Hana Microelectronics PCL (Foreign) | 6,840,383 | 9,868 | |||
1 | Siam Global House PCL (Foreign) | 19,037,078 | 9,699 | |||
1 | Total Access Communication PCL NVDR | 9,083,845 | 8,933 | |||
1 | IRPC PCL (Foreign) | 135,676,014 | 8,785 | |||
Amata Corp. PCL (Foreign) | 23,379,823 | 8,764 | ||||
Supalai PCL (Foreign) | 17,175,985 | 8,647 | ||||
Thailand Future Fund | 27,916,700 | 8,417 | ||||
Frasers Property Thailand Industrial Freehold & Leasehold REIT | 20,399,269 | 8,309 | ||||
TQM Corp. PCL (Foreign) | 2,105,400 | 7,966 | ||||
1 | WHA Corp. PCL (Foreign) | 96,797,506 | 7,381 | |||
1 | Tisco Financial Group PCL NVDR | 3,244,993 | 7,357 | |||
TTW PCL (Foreign) | 18,606,234 | 6,924 | ||||
WHA Premium Growth Freehold & Leasehold Real Estate InvestmentTrust | 16,824,300 | 6,849 | ||||
TOA Paint Thailand PCL (Foreign) | 6,619,734 | 6,841 | ||||
VGI PCL (Foreign) | 35,224,100 | 6,769 | ||||
1 | Bangchak Corp. PCL (Foreign) | 13,844,266 | 6,437 | |||
1 | CK Power PCL (Foreign) | 46,861,372 | 6,195 | |||
1 | CH Karnchang PCL (Foreign) | 12,870,863 | 6,146 | |||
AP Thailand PCL (Foreign) | 29,740,142 | 5,956 | ||||
1 | Thai Vegetable Oil PCL (Foreign) | 5,413,811 | 5,902 | |||
Chularat Hospital PCL (Foreign) | 70,231,346 | 5,675 | ||||
AEON Thana Sinsap Thailand PCL (Foreign) | 1,360,700 | 5,669 | ||||
Quality Houses PCL (Foreign) | 82,599,151 | 5,508 | ||||
Krung Thai Bank PCL NVDR | 19,542,000 | 5,417 | ||||
BTS Rail Mass Transit Growth Infrastructure Fund | 34,599,973 | 5,415 | ||||
1 | Siam Makro PCL (Foreign) | 4,220,600 | 5,377 | |||
North Bangkok Power Plant Block 1 Infrastructure Fund - EGAT | 13,856,100 | 5,243 | ||||
*,3 | Pruksa Real Estate PCL (Foreign) | 11,775,000 | 5,070 | |||
JMT Network Services PCL (Foreign) | 4,585,800 | 5,061 | ||||
Bangkok Land PCL (Foreign) | 153,191,878 | 4,765 | ||||
1 | Sino-Thai Engineering & Construction PCL (Foreign) | 14,546,263 | 4,708 | |||
Super Energy Corp. PCL (Foreign) | 173,390,819 | 4,612 | ||||
1 | Siam City Cement PCL (Foreign) | 1,154,106 | 4,386 | |||
Tipco Asphalt PCL (Foreign) | 8,804,330 | 4,289 | ||||
TPI Polene PCL (Foreign) | 94,560,561 | 4,186 | ||||
1 | Jasmine International PCL (Foreign) | 48,431,955 | 4,008 | |||
1 | TPI Polene Power PCL (Foreign) | 28,678,800 | 3,865 | |||
1 | Bangkok Life Assurance PCL (Foreign) | 6,408,591 | 3,801 | |||
1 | PTG Energy PCL (Foreign) | 6,034,746 | 3,674 | |||
1 | Banpu Power PCL (Foreign) | 7,956,139 | 3,395 | |||
Gunkul Engineering PCL (Foreign) | 49,673,666 | 3,245 | ||||
Major Cineplex Group PCL (Foreign) | 7,540,797 | 3,119 | ||||
Thaifoods Group PCL (Foreign) | 24,111,275 | 3,107 | ||||
1 | SPCG PCL (Foreign) | 4,865,704 | 3,091 | |||
Star Petroleum Refining PCL (Foreign) | 18,171,668 | 3,090 |
Shares | Market Value ($000) | |||||
*,1 | Esso Thailand PCL (Foreign) | 15,592,973 | 3,026 | |||
1 | Plan B Media PCL (Foreign) | 17,440,500 | 3,017 | |||
Ratchthani Leasing PCL (Foreign) | 26,155,350 | 2,918 | ||||
MK Restaurants Group PCL (Foreign) | 1,889,900 | 2,756 | ||||
BCPG PCL (Foreign) | 7,392,482 | 2,727 | ||||
Pruksa Holding PCL (Foreign) | 8,560,530 | 2,690 | ||||
1 | Taokaenoi Food & Marketing PCL (Foreign) | 7,187,081 | 2,580 | |||
1 | GFPT PCL (Foreign) | 6,838,096 | 2,498 | |||
Sansiri PCL (Foreign) | 121,822,306 | 2,265 | ||||
*,1 | U City PCL (Foreign) | 57,031,569 | 1,993 | |||
*,1 | BEC World PCL (Foreign) | 12,675,827 | 1,878 | |||
1 | Thoresen Thai Agencies PCL (Foreign) | 20,290,987 | 1,795 | |||
MBK PCL (Foreign) | 5,083,822 | 1,760 | ||||
Siam Commercial Bank PCL NVDR | 786,320 | 1,637 | ||||
*,1 | Central Plaza Hotel PCL (Foreign) | 2,496,313 | 1,576 | |||
Origin Property PCL (Foreign) | 7,239,219 | 1,531 | ||||
*,1 | Italian-Thai Development PCL (Foreign) | 53,232,231 | 1,519 | |||
1 | LPN Development PCL (Foreign) | 12,230,497 | 1,490 | |||
1 | Thaicom PCL (Foreign) | 8,311,185 | 1,466 | |||
Bangkok Airways PCL (Foreign) | 8,886,424 | 1,419 | ||||
* | Thai Airways International PCL (Foreign) | 14,720,268 | 1,359 | |||
*,1 | Precious Shipping PCL (Foreign) | 8,194,263 | 1,276 | |||
* | SCG Packaging PCL NVDR | 961,563 | 1,087 | |||
1 | Workpoint Entertainment PCL (Foreign) | 3,113,234 | 983 | |||
Unique Engineering & Construction PCL (Foreign) | 7,464,209 | 971 | ||||
1 | Samart Corp. PCL (Foreign) | 6,186,920 | 968 | |||
Cal-Comp Electronics Thailand PCL (Foreign) | 11,861,375 | 874 | ||||
Univentures PCL (Foreign) | 11,781,451 | 854 | ||||
1 | Beauty Community PCL (Foreign) | 14,682,396 | 578 | |||
* | Minor International PCL Warrants Exp. 07/31/2023 | 2,541,757 | 506 | |||
* | Group Lease PCL (Foreign) | 4,780,424 | 280 | |||
Bangkok Life Assurance PCL | 448,843 | 266 | ||||
* | BTS Group Holdings PCL Warrants Exp. 02/16/2021 | 12,430,793 | 187 | |||
1 | Maybank Kim Eng Securities Thailand PCL (Foreign) | 563,800 | 124 | |||
Ratch Group PCL (Foreign) | 34,004 | 51 | ||||
* | MBK PCL NVDR Warrants Exp. 12/31/2020 | 203,352 | 51 | |||
* | Minor International PCL Warrants Exp. 09/30/2021 | 2,740,538 | 21 | |||
* | Samart Corp. PCL Warrants Exp. 05/17/2021 | 3,873,466 | 16 | |||
Group Lease PCL | 10,725 | 1 | ||||
* | BCPG PCL Rights Exp. 12/31/2020 | 927,460 | — | |||
2,085,131 | ||||||
Turkey (0.5%) | ||||||
BIM Birlesik Magazalar A/S | 6,036,588 | 47,728 | ||||
* | Turkcell Iletisim Hizmetleri A/S | 14,628,293 | 25,330 | |||
* | Turkiye Garanti Bankasi A/S | 28,343,834 | 22,378 | |||
Eregli Demir ve Celik Fabrikalari TAS | 18,220,207 | 20,836 | ||||
* | Akbank T.A.S. | 36,002,908 | 20,425 | |||
KOC Holding A/S | 11,539,200 | 19,533 | ||||
Aselsan Elektronik Sanayi ve Ticaret A/S | 7,927,244 | 15,834 | ||||
* | Tupras Turkiye Petrol Rafinerileri A/S | 1,687,283 | 15,087 | |||
Turkiye Sise ve Cam Fabrikalari A/S | 19,825,860 | 14,465 | ||||
Haci Omer Sabanci Holding A/S | 12,051,287 | 11,857 | ||||
* | Turkiye Is Bankasi A/S Class C | 19,327,576 | 11,812 | |||
Ford Otomotiv Sanayi A/S | 849,211 | 10,987 | ||||
Enka Insaat ve Sanayi A/S | 9,477,476 | 8,185 | ||||
* | Turk Hava Yollari AO | 7,437,298 | 8,002 | |||
* | Arcelik A/S | 2,244,332 | 7,218 | |||
* | Petkim Petrokimya Holding A/S | 13,696,911 | 6,690 | |||
Anadolu Efes Biracilik ve Malt Sanayii A/S Class B | 2,639,129 | 6,132 | ||||
Turk Telekomunikasyon A/S | 7,186,226 | 5,500 |
Shares | Market Value ($000) | |||||
* | Koza Altin Isletmeleri A/S | 618,873 | 5,468 | |||
Tofas Turk Otomobil Fabrikasi A/S | 1,665,146 | 5,332 | ||||
* | Yapi ve Kredi Bankasi A/S | 20,730,625 | 5,323 | |||
Emlak Konut Gayrimenkul Yatirim Ortakligi A/S | 24,855,891 | 5,088 | ||||
* | Ulker Biskuvi Sanayi A/S | 2,059,511 | 4,967 | |||
* | Turkiye Sinai Kalkinma Bankasi A/S | 15,918,812 | 4,845 | |||
* | Turkiye Halk Bankasi A/S | 8,582,913 | 4,817 | |||
* | Coca-Cola Icecek A/S | 892,121 | 4,793 | |||
* | Sok Marketler Ticaret A/S | 3,457,729 | 4,666 | |||
* | Bera Holding A/S | 4,207,954 | 4,520 | |||
Kardemir Karabuk Demir Celik Sanayi ve Ticaret A/S | 11,814,999 | 4,370 | ||||
* | Gubre Fabrikalari TAS | 1,096,343 | 4,363 | |||
Dogan Sirketler Grubu Holding A/S | 13,114,112 | 3,805 | ||||
TAV Havalimanlari Holding A/S | 2,303,441 | 3,793 | ||||
Tekfen Holding A/S | 2,376,014 | 3,737 | ||||
AG Anadolu Grubu Holding A/S | 1,743,478 | 3,616 | ||||
* | Koza Anadolu Metal Madencilik Isletmeleri A/S | 2,499,702 | 3,609 | |||
2 | Enerjisa Enerji A/S | 3,242,255 | 3,486 | |||
* | Sasa Polyester Sanayi A/S | 1,708,122 | 3,135 | |||
* | Migros Ticaret A/S | 627,472 | 2,799 | |||
* | Turkiye Vakiflar Bankasi TAO | 5,456,514 | 2,482 | |||
* | Aksa Enerji Uretim A/S Class B | 3,336,825 | 2,460 | |||
Turk Traktor ve Ziraat Makineleri A/S | 178,642 | 2,417 | ||||
* | Pegasus Hava Tasimaciligi A/S | 491,165 | 2,330 | |||
*,2 | Mavi Giyim Sanayi ve Ticaret A/S Class B | 482,709 | 2,176 | |||
* | Logo Yazilim Sanayi ve Ticaret A/S | 189,385 | 2,102 | |||
* | Vestel Elektronik Sanayi ve Ticaret A/S | 1,015,165 | 2,010 | |||
Oyak Cimento Fabrikalari A/S | 2,280,798 | 2,006 | ||||
*,2 | MLP Saglik Hizmetleri A/S Class B | 1,023,742 | 1,949 | |||
* | Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim A/S | 1,456,375 | 1,880 | |||
Iskenderun Demir ve Celik A/S | 1,986,681 | 1,764 | ||||
EGE Endustri ve Ticaret A/S | 15,125 | 1,650 | ||||
EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret A/S | 2,076,227 | 1,627 | ||||
* | Zorlu Enerji Elektrik Uretim A/S | 5,382,870 | 1,591 | |||
Aksigorta A/S | 1,858,198 | 1,563 | ||||
Aksa Akrilik Kimya Sanayii A/S | 1,465,718 | 1,416 | ||||
Alarko Holding A/S | 1,736,437 | 1,281 | ||||
Tat Gida Sanayi A/S | 1,010,468 | 1,233 | ||||
Aygaz A/S | 964,135 | 1,217 | ||||
Hektas Ticaret TAS | 726,497 | 1,057 | ||||
Albaraka Turk Katilim Bankasi A/S | 4,962,754 | 963 | ||||
Polisan Holding A/S | 2,142,054 | 962 | ||||
Kordsa Teknik Tekstil A/S | 726,453 | 946 | ||||
Dogus Otomotiv Servis ve Ticaret A/S | 444,130 | 899 | ||||
* | Sekerbank Turk A/S | 4,100,664 | 889 | |||
Akcansa Cimento A/S | 526,035 | 788 | ||||
* | NET Holding A/S | 1,995,322 | 750 | |||
Konya Cimento Sanayii A/S | 8,990 | 725 | ||||
Cimsa Cimento Sanayi ve Ticaret A/S | 138,665 | 206 | ||||
Brisa Bridgestone Sabanci Sanayi ve Ticaret A/S | 107,021 | 190 | ||||
Kardemir Karabuk Demir Celik Sanayi ve Ticaret A/S Class A | 266,051 | 166 | ||||
Otokar Otomotiv ve Savunma Sanayi A/S | 4,289 | 93 | ||||
Torunlar Gayrimenkul Yatirim Ortakligi A/S | 109,741 | 44 | ||||
*,3 | Asya Katilim Bankasi A/S | 6,317,442 | — | |||
408,363 | ||||||
United Arab Emirates (0.7%) | ||||||
First Abu Dhabi Bank PJSC | 56,806,298 | 175,043 | ||||
Emirates Telecommunications Group Co. PJSC | 23,613,738 | 108,188 | ||||
Emirates NBD Bank PJSC | 32,222,646 | 82,590 |
Shares | Market Value ($000) | |||||
3 | Abu Dhabi Commercial Bank PJSC | 36,113,841 | 57,463 | |||
Aldar Properties PJSC | 52,320,491 | 38,634 | ||||
* | Emaar Properties PJSC | 47,773,248 | 34,235 | |||
Dubai Islamic Bank PJSC | 24,304,013 | 27,502 | ||||
Abu Dhabi Islamic Bank PJSC | 12,242,367 | 14,409 | ||||
* | Emaar Malls PJSC | 27,153,043 | 10,828 | |||
Air Arabia PJSC | 31,116,029 | 9,252 | ||||
Dubai Investments PJSC | 27,977,228 | 8,589 | ||||
Dana Gas PJSC | 45,419,325 | 8,353 | ||||
* | DAMAC Properties Dubai Co. PJSC | 23,666,452 | 6,963 | |||
* | Emaar Development PJSC | 10,968,865 | 6,743 | |||
GFH Financial Group BSC | 36,784,279 | 5,551 | ||||
Dubai Financial Market PJSC | 22,461,343 | 5,058 | ||||
Orascom Construction plc | 751,442 | 3,330 | ||||
* | Union Properties PJSC | 28,224,603 | 2,152 | |||
*,3 | Arabtec Holding PJSC | 10,929,061 | 1,577 | |||
RAK Properties PJSC | 14,727,997 | 1,541 | ||||
* | Deyaar Development PJSC | 19,735,903 | 1,448 | |||
* | Eshraq Investments PJSC | 14,852,427 | 1,216 | |||
*,3 | Drake & Scull International PJSC | 4,230,859 | 426 | |||
* | DXB Entertainments PJSC | 13,122,049 | 408 | |||
611,499 | ||||||
Total Common Stocks (Cost $70,263,524) | 85,973,130 | |||||
Coupon | ||||||
Temporary Cash Investments (2.0%) | ||||||
Money Market Fund (1.9%) | ||||||
4,5 | Vanguard Market Liquidity Fund | 0.112% | 16,165,618 | 1,616,562 | ||
Maturity Date | Face Amount ($000) | |||||
U.S. Government and Agency Obligations (0.1%) | ||||||
6 | United States Treasury Bill | 0.165% | 11/3/20 | 40,000 | 40,000 | |
6 | United States Treasury Bill | 0.145% | 12/15/20 | 48,000 | 47,995 | |
6 | United States Treasury Bill | 0.109% | 12/31/20 | 730 | 730 | |
6 | United States Treasury Bill | 0.095% | 1/28/21 | 31,799 | 31,792 | |
120,517 | ||||||
Total Temporary Cash Investments (Cost $1,736,781) | 1,737,079 | |||||
Total Investments (100.4%) (Cost $72,000,305) | 87,710,209 | |||||
Other Assets and Liabilities-Net (-0.4%) | (336,452) | |||||
Net Assets (100.0%) | 87,373,757 |
Cost is in $000. | |
* | Non-income-producing security. |
1 | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $513,731,000. |
2 | Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At October 31, 2020, the aggregate value of these securities was $2,945,602,000, representing 3.4% of net assets. |
3 | Security value determined using significant unobservable inputs. |
4 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
5 | Collateral of $580,772,000 was received for securities on loan. |
6 | Securities with a value of $102,815,000 have been segregated as initial margin for open futures contracts. |
ADR—American Depositary Receipt. | |
GDR—Global Depositary Receipt. | |
NVDR—Non-Voting Depositary Receipt. |
REIT—Real Estate Investment Trust. |
All rights reserved.
Vanguard Marketing Corporation, Distributor.
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of Vanguard International Equity Index Funds and Shareholders of Vanguard European Stock Index Fund and Vanguard Pacific Stock Index Fund
Opinions on the Financial Statements
We have audited the accompanying statements of assets and liabilities, including the schedules of investments - investments summary, of Vanguard European Stock Index Fund and Vanguard Pacific Stock Index Fund (two of the funds constituting Vanguard International Equity Index Funds, hereafter collectively referred to as the "Funds") as of October 31, 2020, the related statements of operations for the year ended October 31, 2020, the statements of changes in net assets for each of the two years in the period ended October 31, 2020, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2020 (included in Item 1 of this Form N-CSR) and the schedules of investments (included in Item 6 of this Form N-CSR) as of October 31, 2020 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds as of October 31, 2020, the results of each of their operations for the year then ended, the changes in each of their net assets for each of the two years in the period ended October 31, 2020 and the financial highlights for each of the five years in the period ended October 31, 2020 in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinions
These financial statements are the responsibility of the Funds’ management. Our responsibility is to express an opinion on the Funds’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of October 31, 2020 by correspondence with the custodian and brokers and by agreement to the underlying ownership records of the transfer agent; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions.
December 17, 2020
We have served as the auditor of one or more investment companies in The Vanguard Group of Funds since 1975.
PricewaterhouseCoopers LLP, Two Commerce Square, Suite 1800, 2001 Market Street, Philadelphia, PA 19103-7042 T: (267) 330 3000, F: (267) 330 3300, www.pwc.com/us
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of Vanguard International Equity Index Funds and Shareholders of Vanguard Total World Stock Index Fund
Opinion on the Financial Statements
We have audited the accompanying statement of assets and liabilities, including the schedule of investments - investments summary, of Vanguard Total World Stock Index Fund (one of the funds constituting Vanguard International Equity Index Funds, referred to hereafter as the "Fund”) as of October 31, 2020, the related statement of operations for the year ended October 31, 2020, the statement of changes in net assets for each of the two years in the period ended October 31, 2020, including the related notes, and the financial highlights for each of the periods indicated therein (included in Item 1 of this Form N- CSR) and the schedule of investments (included in Item 6 of this Form N-CSR) as of October 31, 2020 (collectively referred to as the “financial statements”) . In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of October 31, 2020, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended October 31, 2020 and the financial highlights for each of the periods indicated therein in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Fund’s management. Our responsibility is to express an opinion on the Fund’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of October 31, 2020 by correspondence with the custodian and brokers and by agreement to the underlying ownership records of the transfer agent; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.
December 17, 2020
We have served as the auditor of one or more investment companies in The Vanguard Group of Funds since 1975.
PricewaterhouseCoopers LLP, Two Commerce Square, Suite 1800, 2001 Market Street, Philadelphia, PA 19103-7042 T: (267) 330 3000, F: (267) 330 3300, www.pwc.com/us
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of Vanguard International Equity Index Funds and Shareholders of Vanguard FTSE All-World ex-US Index Fund and Vanguard FTSE All-World ex-US Small-Cap Index Fund
Opinions on the Financial Statements
We have audited the accompanying statements of assets and liabilities, including the schedules of investments - investments summary, of Vanguard FTSE All-World ex -US Index Fund and Vanguard FTSE All-World ex-US Small-Cap Index Fund (two of the funds constituting Vanguard International Equity Index Funds, hereafter collectively referred to as the "Funds") as of October 31, 2020, the related statements of operations for the year ended October 31, 2020, the statements of changes in net assets for each of the two years in the period ended October 31, 2020, including the related notes, and the financial highlights for each of the periods indicated therein (included in Item 1 of this Form N-CSR) and the schedules of investments (included in Item 6 of this Form N-CSR) as of October 31, 2020 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds as of October 31, 2020, the results of each of their operations for the year then ended, the changes in each of their net assets for each of the two years in the period ended October 31, 2020 and the financial highlights for each of the periods indicated therein in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinions
These financial statements are the responsibility of the Funds’ management. Our responsibility is to express an opinion on the Funds’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of October 31, 2020 by correspondence with the custodian and brokers and by agreement to the underlying ownership records of the transfer agent; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions.
December 17, 2020
We have served as the auditor of one or more investment companies in The Vanguard Group of Funds since 1975.
PricewaterhouseCoopers LLP, Two Commerce Square, Suite 1800, 2001 Market Street, Philadelphia, PA 19103-7042 T: (267) 330 3000, F: (267) 330 3300, www.pwc.com/us
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of Vanguard International Equity Index Funds and Shareholders of Vanguard Emerging Markets Stock Index Fund
Opinion on the Financial Statements
We have audited the accompanying statement of assets and liabilities, including the schedule of investments - investments summary, of Vanguard Emerging Markets Stock Index Fund (one of the funds constituting Vanguard International Equity Index Funds, referred to hereafter as the "Fund”) as of October 31, 2020, the related statement of operations for the year ended October 31, 2020, the statement of changes in net assets for each of the two years in the period ended October 31, 2020, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2020 (included in Item 1 of this Form N-CSR) and the schedule of investments (included in Item 6 of this Form N-CSR) as of October 31, 2020 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of October 31, 2020, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended October 31, 2020 and the financial highlights for each of the five years in the period ended October 31, 2020 in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Fund’s management. Our responsibility is to express an opinion on the Fund’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of October 31, 2020 by correspondence with the custodian and brokers and by agreement to the underlying ownership records of the transfer agent; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.
December 21, 2020
We have served as the auditor of one or more investment companies in The Vanguard Group of Funds since 1975.
PricewaterhouseCoopers LLP, Two Commerce Square, Suite 1800, 2001 Market Street, Philadelphia, PA 19103-7042 T: (267) 330 3000, F: (267) 330 3300, www.pwc.com/us
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.
Not applicable.
Item 11: Controls and Procedures.
(a) Disclosure Controls and Procedures. The Principal Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on their evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.
(b) Internal Control Over Financial Reporting. In August 2020, a third-party service provider began performing certain administrative and accounting services for Vanguard Emerging Markets Stock Index Fund. There were no other significant changes in the Registrant’s Internal Control Over Financial Reporting or in other factors that could significantly affect this control subsequent to the date of the evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.
Item 12: Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
Not applicable.
Item 13: Exhibits.
(a) | Code of Ethics. |
(b) | Certifications. |
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.
VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | ||
BY: | /s/ MORTIMER J. BUCKLEY* | |
MORTIMER J. BUCKLEY | ||
CHIEF EXECUTIVE OFFICER |
Date: December 18, 2020
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.
VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | ||
BY: | /s/ MORTIMER J. BUCKLEY* | |
MORTIMER J. BUCKLEY | ||
CHIEF EXECUTIVE OFFICER |
Date: December 18, 2020
VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | ||
BY: | /s/ JOHN BENDL* | |
JOHN BENDL | ||
CHIEF FINANCIAL OFFICER |
Date: December 18, 2020
* By: /s/ Anne E. Robinson
Anne E. Robinson, pursuant to a Power of Attorney filed on December 18, 2020 (see File Number 33-64845), Incorporated by Reference.