Vanguard® European Stock Index Fund
Schedule of Investments (unaudited)
As of January 31, 2022
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports are available on the SEC’s website at www.sec.gov.
Shares | Market Value ($000) | ||
Common Stocks (99.2%) | |||
Austria (0.5%) | |||
* | Erste Group Bank AG | 695,868 | 32,525 |
OMV AG | 323,536 | 19,802 | |
Verbund AG | 150,635 | 15,954 | |
*,1 | BAWAG Group AG | 162,191 | 9,734 |
Wienerberger AG | 253,166 | 9,166 | |
voestalpine AG | 258,460 | 8,593 | |
ANDRITZ AG | 157,340 | 8,371 | |
Raiffeisen Bank International AG | 289,976 | 8,150 | |
*,2 | IMMOFINANZ AG | 211,622 | 5,490 |
Mayr Melnhof Karton AG | 19,372 | 3,769 | |
* | Lenzing AG | 29,940 | 3,675 |
CA Immobilien Anlagen AG (XWBO) | 93,961 | 3,429 | |
Oesterreichische Post AG | 75,556 | 3,171 | |
S IMMO AG | 114,090 | 2,924 | |
* | Telekom Austria AG Class A | 314,175 | 2,718 |
AT&S Austria Technologie & Systemtechnik AG | 57,739 | 2,689 | |
Vienna Insurance Group AG Wiener Versicherung Gruppe | 88,992 | 2,607 | |
EVN AG | 83,610 | 2,461 | |
UNIQA Insurance Group AG | 251,061 | 2,327 | |
* | DO & CO AG | 14,289 | 1,473 |
Strabag SE (Bearer) | 31,919 | 1,374 | |
* | Schoeller-Bleckmann Oilfield Equipment AG | 27,254 | 1,149 |
Palfinger AG | 21,567 | 737 | |
* | Flughafen Wien AG | 22,140 | 707 |
Agrana Beteiligungs AG | 23,831 | 463 | |
* | Porr AG | 29,928 | 423 |
*,3 | CA Immobilien Anlagen AG | 152,202 | — |
153,881 | |||
Belgium (1.6%) | |||
* | Anheuser-Busch InBev SA | 1,895,565 | 119,499 |
KBC Group NV | 622,410 | 54,131 | |
* | Argenx SE | 115,307 | 30,855 |
UCB SA | 273,354 | 27,200 | |
Groupe Bruxelles Lambert SA | 230,085 | 24,689 | |
Ageas SA | 403,927 | 19,443 | |
Solvay SA | 157,262 | 18,948 | |
Umicore SA | 465,368 | 17,617 | |
Sofina SA | 34,446 | 13,715 | |
Warehouses De Pauw CVA | 317,717 | 13,669 | |
Elia Group SA | 79,049 | 10,667 | |
* | Cofinimmo SA | 71,352 | 10,526 |
Aedifica SA | 81,868 | 9,846 |
Shares | Market Value ($000) | ||
Ackermans & van Haaren NV | 50,173 | 9,685 | |
D'ieteren Group | 51,506 | 8,974 | |
Proximus SADP | 315,583 | 6,444 | |
VGP NV | 17,018 | 4,822 | |
Melexis NV | 45,831 | 4,805 | |
Etablissements Franz Colruyt NV | 112,874 | 4,585 | |
Telenet Group Holding NV | 102,229 | 3,924 | |
KBC Ancora | 79,764 | 3,844 | |
Montea NV | 27,424 | 3,793 | |
Bekaert SA | 78,452 | 3,652 | |
Euronav NV | 429,419 | 3,538 | |
Shurgard Self Storage SA | 56,724 | 3,270 | |
Barco NV | 156,589 | 3,234 | |
Gimv NV | 43,929 | 2,678 | |
Xior Student Housing NV | 46,572 | 2,549 | |
Fagron | 132,968 | 2,286 | |
* | Tessenderlo Group SA | 58,673 | 2,285 |
Cie d'Entreprises CFE | 15,543 | 2,105 | |
Retail Estates NV | 24,525 | 1,975 | |
Befimmo SA | 49,571 | 1,859 | |
* | Kinepolis Group NV | 28,633 | 1,734 |
* | bpost SA | 231,214 | 1,707 |
* | AGFA-Gevaert NV | 400,805 | 1,701 |
* | Ontex Group NV | 177,318 | 1,298 |
*,2 | Mithra Pharmaceuticals SA | 48,226 | 1,094 |
Econocom Group SA NV | 232,456 | 930 | |
Orange Belgium SA | 32,148 | 698 | |
Van de Velde NV | 12,390 | 459 | |
Wereldhave Belgium Comm VA | 5,568 | 326 | |
461,059 | |||
Denmark (3.7%) | |||
Novo Nordisk A/S Class B | 3,593,424 | 357,432 | |
DSV A/S | 439,437 | 89,285 | |
Vestas Wind Systems A/S | 2,284,838 | 61,829 | |
* | Genmab A/S | 133,849 | 45,580 |
1 | Orsted A/S | 427,477 | 45,546 |
AP Moller - Maersk A/S Class B | 12,544 | 45,060 | |
Coloplast A/S Class B | 301,586 | 43,857 | |
Carlsberg A/S Class B | 217,308 | 35,189 | |
AP Moller - Maersk A/S Class A | 9,490 | 31,794 | |
Novozymes A/S Class B | 448,819 | 30,810 | |
Danske Bank A/S | 1,489,278 | 28,909 | |
Pandora A/S | 219,029 | 23,817 | |
Chr Hansen Holding A/S | 232,911 | 18,678 | |
GN Store Nord A/S | 291,429 | 17,635 | |
Tryg A/S | 699,830 | 16,583 | |
Royal Unibrew A/S | 108,458 | 12,469 | |
* | Demant A/S | 237,806 | 10,521 |
Ringkjoebing Landbobank A/S | 66,398 | 8,741 | |
SimCorp A/S | 89,270 | 8,324 | |
Ambu A/S Class B | 386,526 | 8,190 | |
* | ISS A/S | 415,990 | 7,837 |
* | Jyske Bank A/S (Registered) | 124,589 | 7,339 |
* | ALK-Abello A/S | 14,778 | 6,240 |
ROCKWOOL International A/S Class B | 14,295 | 5,475 | |
Topdanmark A/S | 95,659 | 5,471 | |
1 | Netcompany Group A/S | 73,705 | 5,415 |
* | Bavarian Nordic A/S | 161,321 | 4,748 |
Shares | Market Value ($000) | ||
Sydbank A/S | 132,931 | 4,692 | |
FLSmidth & Co. A/S | 127,838 | 4,309 | |
* | NKT A/S | 97,483 | 4,104 |
2 | Alm Brand A/S | 1,925,878 | 3,651 |
H Lundbeck A/S | 133,276 | 3,391 | |
* | Dfds A/S | 67,885 | 3,314 |
1 | Scandinavian Tobacco Group A/S Class A | 134,892 | 2,908 |
Spar Nord Bank A/S | 180,771 | 2,600 | |
Schouw & Co. A/S | 29,144 | 2,465 | |
Chemometec A/S | 22,975 | 2,382 | |
* | Nilfisk Holding A/S | 62,231 | 2,192 |
* | NTG Nordic Transport Group A/S Class A | 30,751 | 2,047 |
* | Zealand Pharma A/S | 99,547 | 1,939 |
* | Drilling Co. of 1972 A/S | 47,829 | 1,866 |
D/S Norden A/S | 57,148 | 1,301 | |
1,025,935 | |||
Finland (2.2%) | |||
* | Nokia OYJ | 12,753,462 | 76,057 |
Nordea Bank Abp | 5,654,691 | 67,165 | |
Kone OYJ Class B | 890,230 | 57,655 | |
Sampo OYJ Class A | 1,145,338 | 56,846 | |
UPM-Kymmene OYJ | 1,204,356 | 43,895 | |
Neste OYJ | 940,750 | 42,427 | |
Nordea Bank Abp (XHEL) | 2,588,282 | 30,882 | |
Fortum OYJ | 975,752 | 26,560 | |
Stora Enso OYJ Class R | 1,303,539 | 26,536 | |
Kesko OYJ Class B | 607,516 | 19,187 | |
Elisa OYJ | 325,909 | 19,144 | |
Metso Outotec OYJ | 1,373,384 | 14,729 | |
Wartsila OYJ Abp | 1,108,679 | 13,688 | |
Valmet OYJ | 298,945 | 11,418 | |
Nokian Renkaat OYJ | 306,478 | 10,362 | |
Kojamo OYJ | 446,961 | 10,247 | |
Orion OYJ Class B | 233,970 | 9,514 | |
Huhtamaki OYJ | 213,578 | 8,420 | |
* | Konecranes OYJ Class A | 167,269 | 6,728 |
Cargotec OYJ Class B | 109,010 | 5,442 | |
TietoEVRY OYJ (XHEL) | 172,285 | 5,127 | |
* | QT Group OYJ | 42,536 | 4,938 |
* | Outokumpu OYJ | 753,509 | 4,882 |
Metsa Board OYJ | 388,275 | 4,186 | |
Neles OYJ | 248,144 | 3,488 | |
Kemira OYJ | 200,417 | 2,946 | |
Revenio Group OYJ | 52,186 | 2,724 | |
Uponor OYJ | 121,766 | 2,702 | |
Sanoma OYJ | 169,937 | 2,567 | |
Tokmanni Group Corp. | 108,963 | 2,280 | |
1 | Terveystalo OYJ | 171,358 | 2,237 |
YIT OYJ | 365,208 | 1,814 | |
*,2 | Citycon OYJ | 174,680 | 1,398 |
TietoEVRY OYJ | 38,768 | 1,159 | |
F-Secure OYJ | 223,096 | 1,098 | |
*,2 | Finnair OYJ | 1,273,860 | 943 |
Raisio OYJ Class V | 254,518 | 920 | |
Oriola OYJ Class B | 271,746 | 668 | |
*,3 | Ahlstrom-Munksjo OYJ Rights | 19,422 | 389 |
603,368 |
Shares | Market Value ($000) | ||
France (15.8%) | |||
LVMH Moet Hennessy Louis Vuitton SE | 564,472 | 463,645 | |
TotalEnergies SE | 5,491,778 | 312,304 | |
Sanofi | 2,461,141 | 257,342 | |
Schneider Electric SE | 1,197,597 | 202,868 | |
BNP Paribas SA | 2,450,974 | 174,974 | |
* | Airbus SE | 1,259,911 | 160,882 |
* | L'Oreal SA Loyalty Shares | 355,795 | 151,977 |
AXA SA | 4,348,093 | 137,708 | |
EssilorLuxottica SA | 667,495 | 126,280 | |
Vinci SA | 1,134,514 | 124,350 | |
Kering SA | 166,079 | 124,022 | |
* | Air Liquide SA Loyalty Shares | 687,371 | 117,581 |
Hermes International | 70,044 | 105,165 | |
Pernod Ricard SA | 472,460 | 101,059 | |
Safran SA | 788,982 | 95,522 | |
Danone SA | 1,357,945 | 84,669 | |
Capgemini SE | 354,925 | 79,793 | |
L'Oreal SA (XPAR) | 174,454 | 74,518 | |
Dassault Systemes SE | 1,507,701 | 72,910 | |
Cie de Saint-Gobain | 1,073,136 | 72,616 | |
STMicroelectronics NV | 1,433,882 | 67,422 | |
Cie Generale des Etablissements Michelin SCA | 396,012 | 66,262 | |
Societe Generale SA | 1,760,376 | 65,346 | |
Legrand SA | 605,507 | 61,624 | |
Air Liquide SA (XPAR) | 335,953 | 57,468 | |
Orange SA | 4,333,227 | 50,904 | |
Veolia Environnement SA | 1,383,756 | 49,988 | |
Teleperformance | 131,763 | 49,621 | |
Credit Agricole SA | 2,807,342 | 42,235 | |
Engie SA Loyalty Shares | 2,421,494 | 37,247 | |
Publicis Groupe SA | 519,081 | 35,173 | |
Eurofins Scientific SE | 275,039 | 27,615 | |
Carrefour SA | 1,405,997 | 26,758 | |
*,1 | Worldline SA | 550,921 | 26,703 |
Edenred | 565,308 | 24,281 | |
Sartorius Stedim Biotech | 54,492 | 23,895 | |
Arkema SA | 147,425 | 21,800 | |
Alstom SA | 668,024 | 21,657 | |
Thales SA | 228,652 | 21,093 | |
Vivendi SE | 1,587,139 | 20,800 | |
Engie SA (XPAR) | 1,209,907 | 18,611 | |
Bureau Veritas SA | 646,505 | 18,498 | |
1 | Euronext NV | 185,891 | 17,922 |
Eiffage SA | 168,358 | 17,690 | |
Bouygues SA | 484,864 | 17,100 | |
* | Renault SA | 415,379 | 16,508 |
Getlink SE | 1,028,514 | 16,225 | |
Gecina SA | 117,541 | 15,949 | |
* | Rexel SA | 691,429 | 15,412 |
Valeo | 547,287 | 15,318 | |
* | Accor SA | 412,084 | 15,145 |
* | Ubisoft Entertainment SA | 215,196 | 12,349 |
SCOR SE | 351,853 | 12,003 | |
Bollore SA | 2,226,634 | 12,002 | |
Remy Cointreau SA | 55,334 | 11,539 | |
* | Klepierre SA | 423,681 | 11,269 |
BioMerieux | 95,610 | 11,212 |
Shares | Market Value ($000) | ||
Alten SA | 64,510 | 10,522 | |
* | Sodexo SA ACT Loyalty Shares | 109,891 | 10,220 |
3 | Faurecia SE (XPAR) | 224,833 | 9,966 |
1 | Amundi SA | 127,875 | 9,941 |
Covivio | 113,011 | 9,437 | |
* | SOITEC | 49,904 | 9,111 |
* | EDF | 941,514 | 9,056 |
* | Aeroports de Paris | 63,935 | 8,676 |
CNP Assurances | 334,709 | 8,239 | |
1 | La Francaise des Jeux SAEM | 195,864 | 8,110 |
Atos SE | 214,152 | 7,677 | |
Ipsen SA | 77,381 | 7,529 | |
TechnipFMC plc (XNYS) | 1,071,336 | 6,984 | |
Rubis SCA | 211,675 | 6,853 | |
* | SEB SA Loyalty Shares | 44,083 | 6,691 |
Wendel SE | 61,341 | 6,663 | |
SES SA Class A GDR | 850,585 | 6,544 | |
SPIE SA | 280,136 | 6,498 | |
Sodexo SA (XPAR) | 69,248 | 6,440 | |
Dassault Aviation SA | 52,532 | 6,243 | |
* | Elis SA (XPAR) | 341,706 | 6,242 |
* | L'Oreal SA | 14,264 | 6,093 |
Nexans SA | 66,530 | 6,012 | |
Sopra Steria Group SACA | 32,078 | 5,640 | |
Gaztransport Et Technigaz SA | 58,034 | 5,324 | |
ICADE | 73,388 | 5,299 | |
Eutelsat Communications SA | 412,571 | 5,116 | |
1 | Verallia SA | 158,284 | 4,965 |
Orpea SA | 109,851 | 4,823 | |
* | Technip Energies NV | 309,252 | 4,732 |
* | Air Liquide SA | 26,731 | 4,573 |
* | JCDecaux SA | 163,927 | 4,487 |
* | Eurazeo SA | 54,401 | 4,323 |
Imerys SA | 88,981 | 4,089 | |
Nexity SA | 95,419 | 3,995 | |
IPSOS | 87,021 | 3,976 | |
Virbac SA | 9,603 | 3,863 | |
* | Trigano SA | 18,063 | 3,422 |
SEB SA (XPAR) | 21,591 | 3,277 | |
Societe BIC SA | 57,354 | 3,266 | |
Somfy SA | 17,443 | 3,212 | |
Korian SA | 146,309 | 3,208 | |
* | Coface SA | 236,058 | 3,123 |
* | Vallourec SA | 342,471 | 3,046 |
*,2 | Air France-KLM | 645,573 | 2,921 |
Cie Plastic Omnium SA | 124,052 | 2,885 | |
Metropole Television SA | 147,421 | 2,876 | |
* | Elis SA | 155,925 | 2,850 |
*,2 | Casino Guichard Perrachon SA | 125,652 | 2,779 |
Rothschild & Co. | 63,340 | 2,748 | |
Interparfums SA | 35,983 | 2,734 | |
1 | ALD SA | 181,452 | 2,719 |
* | Derichebourg SA | 211,001 | 2,654 |
Eurazeo SE | 31,031 | 2,466 | |
2 | Electricite de France SA (XPAR) | 247,053 | 2,376 |
Fnac Darty SA | 39,014 | 2,316 | |
* | Lagardere SA | 84,879 | 2,311 |
Television Francaise 1 | 241,041 | 2,304 |
Shares | Market Value ($000) | ||
1 | Maisons du Monde SA | 97,717 | 2,231 |
*,1,2 | Neoen SA (XPAR) | 59,910 | 2,130 |
* | Eramet SA | 19,423 | 2,013 |
* | ID Logistics Group | 5,465 | 1,984 |
* | Engie SA | 126,028 | 1,939 |
* | Sodexo SA | 19,189 | 1,785 |
Mercialys SA | 155,445 | 1,723 | |
* | Albioma SA Loyalty Shares | 42,934 | 1,677 |
PEUGEOT Investment | 12,412 | 1,669 | |
3 | Faurecia SE | 36,944 | 1,623 |
Altarea SCA | 8,797 | 1,568 | |
Robertet SA | 1,549 | 1,519 | |
Quadient SA | 73,476 | 1,502 | |
* | Akka Technologies | 26,809 | 1,465 |
Carmila SA | 85,251 | 1,418 | |
*,2 | Solutions 30 SE | 178,592 | 1,409 |
Vicat SA | 32,950 | 1,366 | |
* | CGG SA | 1,624,817 | 1,353 |
* | Beneteau SA | 79,180 | 1,320 |
*,1 | Elior Group SA | 218,502 | 1,318 |
Mersen SA | 30,917 | 1,289 | |
Cie de L'Odet SE | 838 | 1,181 | |
* | Voltalia SA (Registered) | 62,004 | 1,145 |
*,1 | X-Fab Silicon Foundries SE | 115,752 | 1,129 |
Manitou BF SA | 26,369 | 982 | |
* | Eurazeo SE (XPAR) | 12,115 | 963 |
*,1 | SMCP SA | 93,621 | 770 |
Albioma SA (XPAR) | 18,693 | 730 | |
Vilmorin & Cie SA | 12,813 | 724 | |
Bonduelle SCA | 30,228 | 711 | |
Pharmagest Interactive | 7,859 | 710 | |
* | Lisi | 21,296 | 669 |
Jacquet Metals SACA | 27,016 | 665 | |
* | GL Events | 27,306 | 536 |
* | Believe SA | 31,104 | 523 |
*,1 | Aramis Group SAS | 36,953 | 517 |
AKWEL | 17,843 | 442 | |
Guerbet | 11,757 | 439 | |
* | Seb SA | 2,385 | 362 |
Lisi (XPAR) | 10,644 | 334 | |
* | Etablissements Maurel et Prom SA | 100,373 | 298 |
* | Tarkett SA | 14,019 | 273 |
Boiron SA | 5,440 | 247 | |
* | Rallye SA | 46,045 | 224 |
* | Lisi SA Prime De Fidelite | 3,538 | 111 |
*,3 | Bourbon Corp. | 37,237 | — |
4,446,260 | |||
Germany (13.3%) | |||
SAP SE | 2,510,175 | 314,930 | |
Siemens AG (Registered) | 1,702,003 | 270,229 | |
Allianz SE (Registered) | 929,046 | 238,535 | |
BASF SE | 2,070,977 | 158,614 | |
Daimler AG (Registered) | 1,903,188 | 151,862 | |
Deutsche Telekom AG (Registered) | 7,654,120 | 144,502 | |
Bayer AG (Registered) | 2,226,756 | 135,284 | |
Deutsche Post AG (Registered) | 2,213,423 | 133,205 | |
Infineon Technologies AG | 2,949,826 | 122,500 | |
adidas AG | 433,514 | 118,964 |
Shares | Market Value ($000) | ||
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen (Registered) | 317,168 | 100,411 | |
Vonovia SE | 1,759,515 | 100,215 | |
Volkswagen AG Preference Shares | 414,692 | 86,369 | |
Bayerische Motoren Werke AG | 725,811 | 76,822 | |
Deutsche Boerse AG | 415,572 | 73,869 | |
E.ON SE | 4,900,433 | 67,589 | |
* | Deutsche Bank AG (Registered) | 4,629,665 | 64,461 |
Merck KGaA | 292,843 | 64,220 | |
RWE AG | 1,426,952 | 60,192 | |
1 | Siemens Healthineers AG | 628,831 | 40,410 |
*,1 | Zalando SE | 492,942 | 39,124 |
Fresenius SE & Co. KGaA | 922,446 | 38,079 | |
Symrise AG Class A | 294,285 | 35,167 | |
* | Daimler Truck Holding AG | 950,032 | 33,492 |
Henkel AG & Co. KGaA Preference Shares | 405,185 | 33,139 | |
*,1 | Delivery Hero SE | 425,530 | 32,847 |
Porsche Automobil Holding SE Preference Shares | 347,381 | 32,532 | |
Fresenius Medical Care AG & Co. KGaA | 460,080 | 31,282 | |
Sartorius AG Preference Shares | 55,758 | 30,102 | |
Brenntag SE | 350,425 | 30,023 | |
Hannover Rueck SE | 136,104 | 27,458 | |
MTU Aero Engines AG | 121,454 | 25,844 | |
* | QIAGEN NV | 500,819 | 24,757 |
* | HelloFresh SE | 371,244 | 24,718 |
1 | Covestro AG | 408,007 | 24,478 |
Puma SE | 226,144 | 24,187 | |
* | Continental AG | 245,468 | 23,798 |
HeidelbergCement AG | 337,545 | 23,489 | |
Beiersdorf AG | 226,308 | 22,509 | |
LEG Immobilien SE (XETR) | 165,790 | 21,994 | |
* | Siemens Energy AG | 973,025 | 21,886 |
Volkswagen AG | 72,207 | 20,910 | |
* | Commerzbank AG | 2,365,439 | 20,426 |
GEA Group AG | 376,793 | 17,802 | |
Henkel AG & Co. KGaA | 220,184 | 17,397 | |
KION Group AG | 178,063 | 16,463 | |
Aroundtown SA | 2,598,946 | 16,053 | |
Knorr-Bremse AG | 150,820 | 15,292 | |
* | Evotec SE | 350,581 | 14,186 |
Evonik Industries AG | 430,727 | 14,052 | |
Carl Zeiss Meditec AG (Bearer) | 83,592 | 13,443 | |
LANXESS AG | 192,607 | 11,727 | |
Bayerische Motoren Werke AG Preference Shares | 132,245 | 11,445 | |
* | thyssenkrupp AG | 1,110,416 | 11,428 |
Bechtle AG | 187,554 | 11,261 | |
Nemetschek SE | 121,589 | 11,239 | |
* | Deutsche Lufthansa AG (Registered) | 1,346,930 | 10,473 |
1 | Scout24 SE | 171,927 | 10,272 |
Rheinmetall AG | 97,786 | 10,224 | |
United Internet AG (Registered) | 248,016 | 9,726 | |
* | CTS Eventim AG & Co. KGaA | 132,533 | 9,421 |
Uniper SE | 197,907 | 8,955 | |
Aurubis AG | 79,407 | 8,278 | |
* | K+S AG (Registered) | 430,743 | 8,224 |
Freenet AG | 282,566 | 7,696 | |
TAG Immobilien AG | 284,242 | 7,506 | |
HUGO BOSS AG | 117,030 | 7,414 |
Shares | Market Value ($000) | ||
Vantage Towers AG | 213,107 | 6,950 | |
FUCHS PETROLUB SE Preference Shares | 158,141 | 6,834 | |
Gerresheimer AG | 71,062 | 6,377 | |
1 | Befesa SA | 89,765 | 6,337 |
Rational AG | 7,495 | 6,283 | |
Talanx AG | 120,014 | 5,744 | |
*,2 | Sixt SE | 34,443 | 5,599 |
* | Fraport AG Frankfurt Airport Services Worldwide | 80,815 | 5,520 |
ProSiebenSat.1 Media SE | 351,698 | 5,501 | |
*,1 | TeamViewer AG | 354,956 | 5,363 |
2 | Siltronic AG (XETR) | 39,751 | 5,191 |
CANCOM SE | 82,807 | 5,026 | |
AIXTRON SE | 238,675 | 4,963 | |
* | RTL Group SA | 87,348 | 4,944 |
Wacker Chemie AG | 33,672 | 4,914 | |
Duerr AG | 110,710 | 4,900 | |
Grand City Properties SA | 221,027 | 4,878 | |
Jungheinrich AG Preference Shares | 108,926 | 4,658 | |
Deutsche Wohnen SE | 111,196 | 4,530 | |
Aareal Bank AG | 135,360 | 4,360 | |
Telefonica Deutschland Holding AG | 1,515,651 | 4,351 | |
alstria office REIT AG | 196,700 | 4,311 | |
2 | Software AG | 110,987 | 4,274 |
Stroeer SE & Co. KGaA | 56,653 | 4,242 | |
Jenoptik AG | 114,965 | 4,208 | |
* | Hypoport SE | 9,038 | 3,994 |
Encavis AG | 248,228 | 3,910 | |
*,2 | Nordex SE | 233,824 | 3,752 |
Stabilus SA | 55,348 | 3,727 | |
CompuGroup Medical SE & Co. KGaA | 55,298 | 3,665 | |
* | flatexDEGIRO AG | 188,985 | 3,657 |
*,1 | Auto1 Group SE | 206,760 | 3,607 |
Fielmann AG | 55,368 | 3,531 | |
2 | Varta AG | 31,737 | 3,458 |
1 | Deutsche Pfandbriefbank AG | 279,781 | 3,452 |
HOCHTIEF AG | 43,317 | 3,369 | |
Krones AG | 32,858 | 3,263 | |
1 | DWS Group GmbH & Co. KGaA | 78,349 | 3,154 |
Dermapharm Holding SE | 38,866 | 3,143 | |
METRO AG | 306,827 | 3,132 | |
* | Salzgitter AG | 87,230 | 2,984 |
Hornbach Holding AG & Co. KGaA | 19,165 | 2,936 | |
Pfeiffer Vacuum Technology AG | 14,802 | 2,915 | |
*,2 | Synlab AG | 125,070 | 2,876 |
VERBIO Vereinigte BioEnergie AG | 44,680 | 2,848 | |
1&1 AG | 104,996 | 2,795 | |
* | Nagarro SE | 16,062 | 2,792 |
Eckert & Ziegler Strahlen- und Medizintechnik AG | 31,326 | 2,731 | |
Traton SE | 113,745 | 2,727 | |
* | SUSE SA | 80,811 | 2,665 |
Norma Group SE | 72,273 | 2,625 | |
Sixt SE Preference Shares | 28,885 | 2,610 | |
Sartorius AG | 5,255 | 2,521 | |
Suedzucker AG | 178,427 | 2,498 | |
FUCHS PETROLUB SE | 74,344 | 2,495 | |
* | MorphoSys AG | 77,006 | 2,466 |
1,2 | ADLER Group SA | 205,569 | 2,431 |
* | Vitesco Technologies Group AG Class A | 48,537 | 2,403 |
Shares | Market Value ($000) | ||
STRATEC SE | 16,292 | 2,205 | |
Deutsche EuroShop AG | 116,840 | 2,195 | |
PATRIZIA AG | 98,662 | 2,145 | |
Bilfinger SE | 60,103 | 2,093 | |
*,1,2 | Shop Apotheke Europe NV | 15,938 | 2,072 |
2 | S&T AG | 107,040 | 1,966 |
DIC Asset AG | 114,084 | 1,962 | |
* | Deutz AG | 276,368 | 1,894 |
2 | GRENKE AG | 59,780 | 1,888 |
1 | Instone Real Estate Group SE | 104,808 | 1,865 |
* | Kloeckner & Co. SE Preference Shares | 164,032 | 1,853 |
KWS Saat SE & Co. KGaA | 23,762 | 1,846 | |
*,2 | CECONOMY AG | 408,890 | 1,820 |
Atoss Software AG | 8,677 | 1,740 | |
Indus Holding AG | 44,319 | 1,701 | |
Hella GmbH & Co. KGaA | 23,673 | 1,659 | |
Draegerwerk AG & Co. KGaA Preference Shares | 25,391 | 1,475 | |
*,2 | About You Holding SE | 72,156 | 1,406 |
Zeal Network SE | 32,864 | 1,404 | |
Schaeffler AG Preference Shares | 186,999 | 1,390 | |
New Work SE | 6,146 | 1,356 | |
BayWa AG | 32,009 | 1,348 | |
Wacker Neuson SE | 52,816 | 1,327 | |
Deutsche Beteiligungs AG | 31,586 | 1,311 | |
Washtec AG | 22,557 | 1,269 | |
Takkt AG | 73,389 | 1,242 | |
Hamburger Hafen und Logistik AG | 55,400 | 1,190 | |
Basler AG | 8,636 | 1,160 | |
Secunet Security Networks AG | 2,936 | 1,045 | |
* | Global Fashion Group SA | 227,780 | 1,041 |
Wuestenrot & Wuerttembergische AG | 44,645 | 942 | |
Vossloh AG | 19,328 | 932 | |
Hornbach Baumarkt AG | 17,232 | 924 | |
* | Koenig & Bauer AG | 29,520 | 920 |
Hensoldt AG | 65,407 | 891 | |
* | ElringKlinger AG | 62,414 | 743 |
* | SGL Carbon SE | 106,085 | 741 |
Siltronic AG | 5,398 | 706 | |
2 | SMA Solar Technology AG | 18,536 | 660 |
Bertrandt AG | 10,813 | 633 | |
CropEnergies AG | 42,040 | 579 | |
Draegerwerk AG & Co. KGaA | 10 | 1 | |
3,734,331 | |||
Ireland (0.4%) | |||
Kerry Group plc Class A | 349,017 | 43,975 | |
Kingspan Group plc | 341,381 | 32,860 | |
* | Bank of Ireland Group plc | 2,072,805 | 13,971 |
Glanbia plc (XDUB) | 434,040 | 5,962 | |
* | AIB Group plc | 1,778,127 | 4,697 |
* | Dalata Hotel Group plc | 506,992 | 2,418 |
* | Cairn Homes plc (XDUB) | 1,589,573 | 2,225 |
Hibernia REIT plc | 1,481,019 | 2,115 | |
* | Irish Continental Group plc | 359,199 | 1,787 |
*,2,3 | Irish Bank Resolution Corp. | 2,503,596 | — |
110,010 | |||
Italy (4.1%) | |||
Enel SpA | 17,581,195 | 135,315 |
Shares | Market Value ($000) | ||
Intesa Sanpaolo SpA | 37,584,344 | 111,695 | |
Eni SpA | 5,611,274 | 84,288 | |
UniCredit SpA | 4,851,695 | 77,110 | |
Ferrari NV | 275,495 | 63,494 | |
Assicurazioni Generali SpA | 2,778,649 | 58,476 | |
Stellantis NV | 2,896,379 | 55,926 | |
CNH Industrial NV | 2,229,952 | 33,989 | |
Stellantis NV (XNYS) | 1,684,979 | 32,537 | |
Moncler SpA | 486,787 | 31,242 | |
Snam SpA (MTAA) | 5,053,096 | 28,316 | |
Terna - Rete Elettrica Nazionale | 3,189,686 | 25,063 | |
FinecoBank Banca Fineco SpA | 1,387,738 | 23,331 | |
* | Atlantia SpA | 1,121,426 | 20,808 |
Prysmian SpA | 599,611 | 20,220 | |
EXOR NV | 234,690 | 19,679 | |
*,1 | Nexi SpA | 1,334,978 | 19,527 |
Mediobanca Banca di Credito Finanziario SpA | 1,583,714 | 18,144 | |
Davide Campari-Milano NV | 1,128,646 | 14,170 | |
1 | Poste Italiane SpA | 1,041,022 | 13,973 |
Telecom Italia SpA | 28,303,865 | 13,339 | |
Tenaris SA | 1,050,642 | 12,825 | |
Amplifon SpA | 295,441 | 12,558 | |
Recordati Industria Chimica e Farmaceutica SpA | 218,371 | 12,233 | |
Interpump Group SpA | 183,706 | 11,345 | |
Banco BPM SpA | 3,402,238 | 10,607 | |
Reply SpA | 50,977 | 8,567 | |
1 | Infrastrutture Wireless Italiane SpA | 792,519 | 8,545 |
1 | Pirelli & C SpA | 1,104,332 | 7,808 |
DiaSorin SpA | 50,474 | 7,781 | |
Azimut Holding SpA | 274,689 | 7,389 | |
Italgas SpA | 1,104,229 | 7,326 | |
Hera SpA | 1,757,625 | 7,307 | |
* | Leonardo SpA | 896,301 | 6,474 |
A2A SpA | 3,386,502 | 6,433 | |
Unipol Gruppo SpA | 1,084,202 | 6,099 | |
De' Longhi SpA | 158,479 | 5,461 | |
Banca Mediolanum SpA | 540,713 | 5,256 | |
Banca Generali SpA | 126,889 | 5,111 | |
BPER Banca | 2,365,905 | 4,981 | |
* | Iveco Group NV | 440,272 | 4,684 |
Buzzi Unicem SpA | 211,043 | 4,407 | |
* | Brunello Cucinelli SpA | 75,461 | 4,382 |
Brembo SpA | 328,407 | 4,366 | |
ERG SpA | 148,317 | 4,325 | |
Iren SpA | 1,402,974 | 4,221 | |
Telecom Italia SpA Savings Shares | 9,153,647 | 4,088 | |
Banca Popolare di Sondrio SCPA | 916,377 | 3,854 | |
* | Salvatore Ferragamo SpA | 151,005 | 3,236 |
* | Autogrill SpA | 423,900 | 3,183 |
1 | BFF Bank SpA | 413,409 | 3,161 |
1 | Anima Holding SpA | 595,678 | 3,013 |
Sesa SpA | 16,284 | 2,945 | |
UnipolSai Assicurazioni SpA | 958,503 | 2,799 | |
*,1 | Enav SpA | 569,022 | 2,614 |
1,2 | Technogym SpA | 301,872 | 2,576 |
Falck Renewables SpA | 253,449 | 2,489 | |
1 | Carel Industries SpA | 99,631 | 2,399 |
Tamburi Investment Partners SpA | 232,329 | 2,365 |
Shares | Market Value ($000) | ||
*,2 | Saipem SpA | 1,275,941 | 1,952 |
ACEA SpA | 95,226 | 1,925 | |
Gruppo MutuiOnline SpA | 37,241 | 1,773 | |
SOL SpA | 82,829 | 1,772 | |
2 | Maire Tecnimont SpA | 369,078 | 1,763 |
1 | GVS SpA | 157,036 | 1,758 |
2 | Webuild SpA (MTAA) | 806,424 | 1,689 |
Tinexta SpA | 43,814 | 1,556 | |
MARR SpA | 72,261 | 1,539 | |
Danieli & C Officine Meccaniche SpA Savings Shares | 79,506 | 1,424 | |
Zignago Vetro SpA | 74,784 | 1,295 | |
Banca IFIS SpA | 63,707 | 1,279 | |
Italmobiliare SpA | 31,739 | 1,135 | |
Credito Emiliano SpA | 164,318 | 1,133 | |
Piaggio & C SpA | 352,318 | 1,128 | |
1 | RAI Way SpA | 197,732 | 1,124 |
*,1 | doValue SpA | 122,419 | 1,061 |
*,2 | Tod's SpA | 17,974 | 969 |
2 | Danieli & C Officine Meccaniche SpA | 34,193 | 930 |
*,2 | Juventus Football Club SpA | 2,135,157 | 913 |
Cementir Holding NV | 97,369 | 858 | |
MFE-MediaForEurope NV Class B | 614,993 | 785 | |
* | Biesse SpA | 29,627 | 769 |
* | Saras SpA | 1,224,960 | 768 |
* | CIR SpA-Compagnie Industriali | 1,529,140 | 727 |
* | Arnoldo Mondadori Editore SpA | 284,595 | 655 |
*,2 | Fincantieri SpA | 1,023,726 | 655 |
Datalogic SpA | 41,515 | 649 | |
* | Immobiliare Grande Distribuzione SIIQ SpA | 139,457 | 649 |
*,2 | Banca Monte dei Paschi di Siena SpA | 564,787 | 584 |
* | Societa Cattolica Di Assicurazione SpA | 83,511 | 533 |
* | MFE-MediaForEurope NV Class A | 614,993 | 510 |
DeA Capital SpA | 209,617 | 317 | |
Rizzoli Corriere Della Sera Mediagroup SpA | 308,248 | 301 | |
* | Webuild SpA | 61,413 | 50 |
1,156,783 | |||
Netherlands (8.3%) | |||
ASML Holding NV | 882,749 | 597,881 | |
Shell plc (XLON) | 16,305,567 | 418,869 | |
* | Prosus NV | 1,996,187 | 166,075 |
*,1 | Adyen NV | 65,417 | 133,117 |
ING Groep NV | 8,843,152 | 130,782 | |
Koninklijke Ahold Delhaize NV | 2,204,743 | 71,488 | |
Koninklijke DSM NV | 376,068 | 70,498 | |
Koninklijke Philips NV | 2,051,894 | 68,253 | |
Wolters Kluwer NV | 580,265 | 59,059 | |
2 | Heineken NV | 539,412 | 57,850 |
Akzo Nobel NV | 412,091 | 42,655 | |
Universal Music Group NV | 1,688,409 | 41,685 | |
ArcelorMittal SA | 1,399,298 | 41,565 | |
NN Group NV | 710,145 | 39,741 | |
ASM International NV | 108,366 | 37,232 | |
Shell plc | 1,191,185 | 30,397 | |
Koninklijke KPN NV | 7,511,616 | 24,777 | |
Aegon NV | 4,014,692 | 22,649 | |
IMCD NV | 128,863 | 22,167 | |
Heineken Holding NV | 240,009 | 21,042 | |
*,1 | Just Eat Takeaway.com NV | 410,744 | 20,283 |
Shares | Market Value ($000) | ||
* | Unibail-Rodamco-Westfield | 231,815 | 17,664 |
Randstad NV | 251,507 | 16,361 | |
1 | Signify NV | 282,839 | 14,982 |
1 | ABN AMRO Bank NV GDR | 932,868 | 14,972 |
ASR Nederland NV | 305,778 | 14,217 | |
BE Semiconductor Industries NV | 160,622 | 13,468 | |
Aalberts NV | 216,804 | 13,253 | |
* | Galapagos NV | 108,262 | 7,295 |
Arcadis NV | 160,638 | 7,032 | |
APERAM SA | 106,447 | 5,998 | |
* | OCI NV | 216,417 | 5,923 |
SBM Offshore NV | 363,269 | 5,749 | |
*,1 | Basic-Fit NV | 119,343 | 5,694 |
2 | JDE Peet's NV | 187,652 | 5,619 |
Corbion NV | 133,328 | 5,567 | |
TKH Group NV GDR | 93,314 | 5,385 | |
Boskalis Westminster | 182,638 | 5,170 | |
Koninklijke Vopak NV | 146,239 | 5,018 | |
PostNL NV | 1,095,307 | 4,692 | |
*,1 | Intertrust NV | 201,555 | 4,382 |
* | InPost SA | 454,404 | 3,689 |
* | Accell Group NV | 48,101 | 3,130 |
1 | CTP NV | 135,996 | 2,766 |
Eurocommercial Properties NV | 106,183 | 2,568 | |
AMG Advanced Metallurgical Group NV | 66,313 | 2,282 | |
1 | Flow Traders | 58,600 | 2,273 |
* | Sligro Food Group NV | 78,358 | 1,999 |
*,1 | Alfen Beheer BV | 25,098 | 1,872 |
* | Fugro NV | 228,080 | 1,824 |
* | Koninklijke BAM Groep NV | 544,579 | 1,818 |
NSI NV | 38,416 | 1,593 | |
* | TomTom NV | 144,902 | 1,385 |
Wereldhave NV | 85,948 | 1,321 | |
Vastned Retail NV | 39,231 | 1,098 | |
Brunel International NV | 44,381 | 545 | |
1 | B&S Group Sarl | 53,465 | 432 |
ForFarmers NV | 64,477 | 293 | |
2,327,394 | |||
Norway (1.4%) | |||
Equinor ASA | 2,176,252 | 59,995 | |
DNB Bank ASA | 2,321,462 | 55,251 | |
Mowi ASA | 1,002,621 | 24,608 | |
Telenor ASA | 1,437,544 | 23,758 | |
Norsk Hydro ASA | 3,028,587 | 23,276 | |
Yara International ASA | 370,418 | 19,020 | |
Orkla ASA | 1,733,655 | 16,568 | |
TOMRA Systems ASA | 263,852 | 13,191 | |
Storebrand ASA | 1,069,882 | 11,406 | |
* | Nordic Semiconductor ASA | 351,543 | 10,416 |
Aker BP ASA | 283,842 | 9,835 | |
Gjensidige Forsikring ASA | 373,289 | 9,118 | |
Salmar ASA | 124,947 | 8,519 | |
Bakkafrost P/F | 113,985 | 7,858 | |
* | Adevinta ASA | 622,885 | 6,535 |
SpareBank 1 SR-Bank ASA | 402,613 | 6,016 | |
Schibsted ASA Class B | 218,092 | 5,715 | |
Borregaard ASA | 224,909 | 5,290 | |
Kongsberg Gruppen ASA | 170,901 | 5,179 |
Shares | Market Value ($000) | ||
Schibsted ASA Class A | 173,416 | 5,137 | |
SpareBank 1 SMN | 292,266 | 4,840 | |
Leroy Seafood Group ASA | 578,756 | 4,824 | |
Aker ASA Class A | 53,818 | 4,604 | |
* | NEL ASA | 3,088,423 | 4,193 |
Subsea 7 SA | 532,915 | 4,007 | |
1 | Scatec ASA | 266,757 | 3,940 |
Veidekke ASA | 245,308 | 3,667 | |
* | Atea ASA | 189,413 | 3,208 |
1 | Entra ASA | 142,156 | 3,131 |
* | Kahoot! ASA | 737,170 | 2,960 |
*,1 | Crayon Group Holding ASA | 152,340 | 2,945 |
TGS ASA | 265,044 | 2,854 | |
Austevoll Seafood ASA | 203,387 | 2,694 | |
* | MPC Container Ships A/S | 708,931 | 2,407 |
1 | Elkem ASA | 597,437 | 2,179 |
* | Frontline Ltd. | 270,225 | 1,779 |
1 | Sbanken ASA | 163,165 | 1,726 |
DNO ASA | 1,170,249 | 1,718 | |
Bonheur ASA | 43,286 | 1,515 | |
* | Grieg Seafood ASA | 140,507 | 1,453 |
* | Wallenius Wilhelmsen ASA | 226,694 | 1,228 |
Sparebank 1 Oestlandet | 62,717 | 1,041 | |
1 | BW LPG Ltd. | 170,979 | 922 |
Stolt-Nielsen Ltd. | 41,434 | 750 | |
* | Hexagon Composites ASA | 242,846 | 749 |
Norway Royal Salmon ASA | 30,677 | 667 | |
BW Offshore Ltd. | 190,421 | 583 | |
* | BW Energy Ltd. | 147,580 | 383 |
* | Borr Drilling Ltd. | 1,519 | 3 |
393,661 | |||
Poland (0.5%) | |||
* | Powszechna Kasa Oszczednosci Bank Polski SA | 1,920,437 | 22,481 |
Polski Koncern Naftowy ORLEN SA | 698,895 | 12,215 | |
Bank Polska Kasa Opieki SA | 352,031 | 11,730 | |
Powszechny Zaklad Ubezpieczen SA | 1,257,702 | 11,198 | |
KGHM Polska Miedz SA | 314,627 | 10,853 | |
LPP SA | 2,536 | 9,920 | |
*,1 | Dino Polska SA | 108,604 | 8,367 |
*,1,2 | Allegro.eu SA | 868,473 | 8,049 |
2 | CD Projekt SA | 147,192 | 6,535 |
Santander Bank Polska SA | 67,128 | 5,768 | |
Polskie Gornictwo Naftowe i Gazownictwo SA | 3,922,296 | 5,122 | |
Cyfrowy Polsat SA | 599,976 | 4,635 | |
* | mBank SA | 28,663 | 3,283 |
KRUK SA | 39,486 | 3,181 | |
* | PGE Polska Grupa Energetyczna SA | 1,651,597 | 3,111 |
* | Grupa Lotos SA | 221,799 | 2,980 |
* | Alior Bank SA | 211,224 | 2,919 |
* | Orange Polska SA | 1,479,077 | 2,864 |
* | Bank Millennium SA | 1,388,287 | 2,806 |
Asseco Poland SA | 128,516 | 2,586 | |
*,1 | Pepco Group NV | 246,669 | 2,376 |
* | Tauron Polska Energia SA | 2,018,092 | 1,194 |
* | CCC SA | 62,892 | 1,191 |
Bank Handlowy w Warszawie SA | 70,243 | 1,087 | |
* | Jastrzebska Spolka Weglowa SA | 109,493 | 1,070 |
* | AmRest Holdings SE | 153,759 | 949 |
Shares | Market Value ($000) | ||
* | Grupa Azoty SA | 100,832 | 878 |
* | Enea SA | 458,053 | 863 |
Ciech SA | 57,711 | 597 | |
Warsaw Stock Exchange | 56,564 | 562 | |
Eurocash SA | 168,984 | 428 | |
* | Mercator Medical SA | 6,287 | 114 |
Kernel Holding SA | 2,216 | 28 | |
151,940 | |||
Portugal (0.3%) | |||
EDP - Energias de Portugal SA | 6,404,786 | 32,787 | |
Jeronimo Martins SGPS SA | 620,007 | 14,899 | |
Galp Energia SGPS SA | 1,159,574 | 12,786 | |
EDP Renovaveis SA | 550,525 | 11,573 | |
* | Banco Comercial Portugues SA Class R | 17,546,585 | 2,982 |
REN - Redes Energeticas Nacionais SGPS SA | 889,282 | 2,535 | |
Sonae SGPS SA | 2,192,076 | 2,519 | |
Navigator Co. SA | 581,221 | 2,193 | |
NOS SGPS SA | 477,030 | 1,880 | |
CTT-Correios de Portugal SA | 327,508 | 1,600 | |
Altri SGPS SA | 155,147 | 992 | |
Corticeira Amorim SGPS SA | 71,868 | 826 | |
* | Greenvolt-Energias Renovaveis SA | 77,790 | 527 |
Semapa-Sociedade de Investimento e Gestao | 30,682 | 411 | |
88,510 | |||
Spain (3.6%) | |||
Iberdrola SA (XMAD) | 13,347,839 | 153,034 | |
Banco Santander SA | 38,762,295 | 135,924 | |
Banco Bilbao Vizcaya Argentaria SA | 15,068,461 | 96,207 | |
Industria de Diseno Textil SA | 2,379,573 | 72,171 | |
* | Amadeus IT Group SA | 964,496 | 66,319 |
1 | Cellnex Telecom SA | 1,376,483 | 62,418 |
Telefonica SA | 11,671,763 | 54,409 | |
Repsol SA | 2,953,053 | 37,526 | |
CaixaBank SA | 9,994,496 | 32,156 | |
Ferrovial SA | 1,089,958 | 30,288 | |
*,1 | Aena SME SA | 159,695 | 25,804 |
2 | Naturgy Energy Group SA | 673,195 | 21,315 |
Red Electrica Corp. SA | 978,192 | 19,719 | |
Endesa SA | 721,639 | 16,156 | |
Grifols SA | 744,523 | 13,129 | |
ACS Actividades de Construccion y Servicios SA | 500,799 | 12,643 | |
Enagas SA | 559,428 | 12,096 | |
* | Siemens Gamesa Renewable Energy SA | 503,238 | 10,889 |
* | Banco de Sabadell SA | 12,661,042 | 9,847 |
Acciona SA | 52,301 | 9,110 | |
Bankinter SA | 1,551,013 | 9,095 | |
Merlin Properties Socimi SA | 748,557 | 8,462 | |
Fluidra SA | 250,667 | 7,982 | |
Inmobiliaria Colonial Socimi SA | 778,823 | 6,877 | |
Acerinox SA | 476,828 | 6,076 | |
Viscofan SA | 87,905 | 5,330 | |
Mapfre SA | 2,244,136 | 4,874 | |
Grupo Catalana Occidente SA | 116,835 | 3,940 | |
Laboratorios Farmaceuticos Rovi SA | 49,711 | 3,650 | |
* | Corp. ACCIONA Energias Renovables SA | 116,552 | 3,555 |
CIE Automotive SA | 117,895 | 3,425 | |
Ebro Foods SA | 174,455 | 3,233 |
Shares | Market Value ($000) | ||
Zardoya Otis SA | 402,008 | 3,188 | |
Cia de Distribucion Integral Logista Holdings SA | 143,750 | 2,908 | |
1 | Unicaja Banco SA | 2,788,782 | 2,859 |
Applus Services SA | 323,970 | 2,855 | |
* | Indra Sistemas SA | 276,696 | 2,819 |
Linea Directa Aseguradora SA Cia de Seguros y Reaseguros | 1,561,094 | 2,802 | |
Faes Farma SA | 704,807 | 2,717 | |
* | Iberdrola SA | 217,482 | 2,482 |
* | Solaria Energia y Medio Ambiente SA | 137,280 | 2,399 |
Almirall SA | 166,888 | 2,148 | |
Sacyr SA (XMAD) | 832,495 | 2,081 | |
* | Melia Hotels International SA | 264,739 | 2,006 |
Pharma Mar SA | 30,550 | 1,923 | |
Construcciones y Auxiliar de Ferrocarriles SA | 42,576 | 1,685 | |
* | Mediaset Espana Comunicacion SA | 329,133 | 1,541 |
1 | Gestamp Automocion SA | 338,537 | 1,525 |
* | Prosegur Cia de Seguridad SA | 518,108 | 1,291 |
1 | Global Dominion Access SA | 239,424 | 1,183 |
1 | Neinor Homes SA | 93,335 | 1,136 |
1 | Aedas Homes SA | 41,488 | 1,130 |
Fomento de Construcciones y Contratas SA | 87,183 | 1,050 | |
Lar Espana Real Estate Socimi SA | 127,865 | 773 | |
* | Ence Energia y Celulosa SA | 271,926 | 730 |
1 | Metrovacesa SA | 95,492 | 707 |
Atresmedia Corp. de Medios de Comunicacion SA | 167,833 | 653 | |
*,2 | Tecnicas Reunidas SA | 67,716 | 607 |
*,1 | Prosegur Cash SA | 824,021 | 604 |
* | Distribuidora Internacional de Alimentacion SA | 30,509,061 | 537 |
*,3 | Acs Actividades De Construccio Rights Exp. 2/2/2022 | 491,873 | 259 |
* | NH Hotel Group SA (XMAD) | 51,716 | 187 |
* | Sacyr SA Rights Exp. 2/2/2022 | 813,870 | 45 |
1,006,489 | |||
Sweden (6.1%) | |||
Investor AB Class B | 4,323,637 | 93,875 | |
Telefonaktiebolaget LM Ericsson Class B | 6,810,287 | 85,034 | |
Atlas Copco AB Class A | 1,430,022 | 84,637 | |
Volvo AB Class B | 3,426,069 | 77,314 | |
Sandvik AB | 2,439,213 | 64,236 | |
Hexagon AB Class B | 4,252,497 | 57,358 | |
Assa Abloy AB Class B | 2,077,564 | 56,888 | |
1 | Evolution AB | 365,862 | 45,520 |
Swedbank AB Class A | 2,277,283 | 44,585 | |
Atlas Copco AB Class B | 854,547 | 43,704 | |
Skandinaviska Enskilda Banken AB Class A | 3,257,170 | 42,105 | |
H & M Hennes & Mauritz AB Class B | 1,986,472 | 39,552 | |
Essity AB Class B | 1,376,132 | 38,794 | |
Svenska Handelsbanken AB Class A | 3,369,192 | 35,907 | |
Epiroc AB Class A | 1,432,879 | 30,576 | |
Swedish Match AB | 3,484,993 | 26,964 | |
Nibe Industrier AB Class B | 2,711,656 | 25,773 | |
EQT AB | 640,373 | 25,094 | |
Boliden AB | 619,248 | 25,075 | |
Svenska Cellulosa AB SCA Class B | 1,390,387 | 24,212 | |
Alfa Laval AB | 711,756 | 24,044 | |
Investor AB Class A | 1,010,480 | 22,988 | |
Telia Co. AB | 5,812,635 | 22,910 | |
Skanska AB Class B | 814,820 | 19,949 | |
Getinge AB Class B | 507,220 | 19,830 |
Shares | Market Value ($000) | ||
SKF AB Class B | 872,118 | 19,119 | |
Lundin Energy AB | 425,740 | 17,314 | |
Industrivarden AB Class A | 540,995 | 17,102 | |
Tele2 AB Class B | 1,137,652 | 16,553 | |
* | Kinnevik AB Class B | 541,646 | 16,189 |
Indutrade AB | 638,753 | 15,891 | |
Epiroc AB Class B | 833,991 | 15,094 | |
* | Fastighets AB Balder Class B | 226,798 | 15,025 |
Castellum AB | 628,535 | 14,804 | |
Samhallsbyggnadsbolaget i Norden AB | 2,297,287 | 13,855 | |
Trelleborg AB Class B | 546,768 | 13,767 | |
Husqvarna AB Class B | 983,919 | 13,680 | |
*,1 | Sinch AB | 1,207,804 | 12,417 |
Lifco AB Class B | 512,142 | 12,005 | |
Sagax AB Class B | 396,273 | 11,567 | |
Industrivarden AB Class C | 365,819 | 11,363 | |
1 | Thule Group AB | 235,417 | 11,363 |
Electrolux AB Class B | 525,989 | 10,944 | |
Holmen AB Class B | 219,879 | 10,679 | |
Volvo AB Class A | 451,664 | 10,331 | |
Investment AB Latour Class B | 327,617 | 10,193 | |
Beijer Ref AB Class B | 559,665 | 9,768 | |
Avanza Bank Holding AB | 278,051 | 8,797 | |
Fabege AB | 581,846 | 8,681 | |
L E Lundbergforetagen AB Class B | 165,634 | 8,463 | |
Securitas AB Class B | 694,376 | 8,387 | |
Elekta AB Class B | 807,047 | 8,260 | |
* | SSAB AB Class B | 1,565,811 | 8,153 |
1 | Dometic Group AB | 721,084 | 7,988 |
AddTech AB Class B | 422,961 | 7,824 | |
* | Swedish Orphan Biovitrum AB | 397,207 | 7,808 |
AAK AB | 386,097 | 7,232 | |
AddLife AB Class B | 247,305 | 7,115 | |
Hexpol AB | 558,755 | 6,667 | |
* | Nordic Entertainment Group AB Class B | 171,006 | 6,621 |
Vitrolife AB | 155,482 | 6,394 | |
Nyfosa AB | 407,216 | 6,339 | |
Sweco AB Class B | 450,072 | 6,327 | |
BillerudKorsnas AB | 396,698 | 6,308 | |
Wihlborgs Fastigheter AB | 299,127 | 6,184 | |
JM AB | 158,088 | 5,988 | |
Nordnet AB publ | 383,392 | 5,975 | |
Axfood AB | 234,277 | 5,968 | |
Wallenstam AB Class B | 375,311 | 5,907 | |
1 | Bravida Holding AB | 455,135 | 5,446 |
Intrum AB | 175,930 | 5,297 | |
Peab AB Class B | 448,569 | 5,042 | |
Arjo AB Class B | 504,208 | 5,039 | |
AFRY AB | 221,071 | 4,958 | |
Saab AB Class B | 208,222 | 4,938 | |
Mips AB | 49,224 | 4,894 | |
* | Sectra AB Class B | 289,400 | 4,767 |
Lindab International AB | 154,913 | 4,497 | |
Corem Property Group AB Class B | 1,541,041 | 4,423 | |
Loomis AB Class B | 171,031 | 4,392 | |
Bure Equity AB | 123,289 | 4,254 | |
Nolato AB Class B | 392,723 | 4,024 | |
Instalco AB | 532,685 | 3,872 |
Shares | Market Value ($000) | ||
Medicover AB Class B | 129,807 | 3,847 | |
NCC AB Class B | 215,838 | 3,568 | |
* | Electrolux Professional AB Class B | 509,209 | 3,556 |
Catena AB | 61,817 | 3,509 | |
* | Cint Group AB | 263,812 | 3,508 |
Hufvudstaden AB Class A | 242,150 | 3,458 | |
HMS Networks AB | 63,380 | 3,315 | |
* | Modern Times Group MTG AB Class B | 243,661 | 3,261 |
Mycronic AB | 154,380 | 3,159 | |
Biotage AB | 147,876 | 3,019 | |
Granges AB | 237,570 | 2,946 | |
* | Pandox AB Class B | 201,628 | 2,931 |
Bilia AB Class A | 186,044 | 2,792 | |
* | SSAB AB Class A | 470,120 | 2,783 |
*,1,2 | Boozt AB | 144,287 | 2,712 |
Troax Group AB | 76,251 | 2,671 | |
Vitec Software Group AB Class B | 54,908 | 2,470 | |
Concentric AB | 84,414 | 2,389 | |
Ratos AB Class B | 451,124 | 2,368 | |
Atrium Ljungberg AB Class B | 101,421 | 2,195 | |
Dios Fastigheter AB | 189,408 | 2,109 | |
* | BHG Group AB | 180,544 | 1,731 |
1 | Munters Group AB | 240,228 | 1,697 |
* | VNV Global AB | 190,530 | 1,648 |
Bonava AB Class B | 187,296 | 1,621 | |
Systemair AB | 168,229 | 1,605 | |
Platzer Fastigheter Holding AB Class B | 118,026 | 1,561 | |
Samhallsbyggnadsbolaget i Norden AB Class D | 465,344 | 1,521 | |
* | Betsson AB Class B | 259,258 | 1,451 |
1 | Resurs Holding AB | 352,277 | 1,446 |
Nobia AB | 262,053 | 1,432 | |
SkiStar AB | 92,203 | 1,420 | |
* | Mekonomen AB | 90,710 | 1,339 |
*,2 | SAS AB | 7,562,484 | 1,278 |
* | Hemnet Group AB | 70,125 | 1,265 |
* | BICO Group AB Class B | 61,189 | 1,222 |
*,1,2 | Scandic Hotels Group AB | 282,918 | 1,194 |
Cloetta AB Class B | 450,273 | 1,192 | |
Clas Ohlson AB Class B | 89,981 | 1,091 | |
* | Karo Pharma AB | 162,957 | 1,046 |
Telefonaktiebolaget LM Ericsson Class A | 82,164 | 1,019 | |
* | Kinnevik AB Class A | 31,547 | 997 |
Investment AB Oresund | 63,038 | 969 | |
Fagerhult AB | 145,996 | 910 | |
INVISIO AB | 68,922 | 886 | |
Svenska Handelsbanken AB Class B | 68,173 | 826 | |
*,1 | Attendo AB | 228,186 | 804 |
Corem Property Group AB Preference Shares | 23,360 | 797 | |
* | Sagax AB Class D | 223,833 | 760 |
*,2 | Hansa Biopharma AB | 93,717 | 747 |
* | Camurus AB | 46,204 | 662 |
* | Collector AB | 166,669 | 654 |
Skandinaviska Enskilda Banken AB Class C | 33,550 | 469 | |
* | Solid Forsakring AB | 30,342 | 174 |
NCC AB Class A | 8,396 | 139 | |
*,1,2 | Oncopeptides AB | 102,926 | 108 |
Svenska Cellulosa AB SCA Class A | 4,171 | 73 | |
1,699,496 |
Shares | Market Value ($000) | ||
Switzerland (14.4%) | |||
Nestle SA (Registered) | 6,228,374 | 804,322 | |
Roche Holding AG | 1,588,013 | 614,560 | |
Novartis AG (Registered) | 4,684,570 | 407,040 | |
Cie Financiere Richemont SA Class A (Registered) | 1,155,384 | 167,916 | |
Zurich Insurance Group AG | 335,932 | 160,679 | |
UBS Group AG (Registered) | 7,359,985 | 136,524 | |
ABB Ltd. (Registered) | 3,775,618 | 130,907 | |
Lonza Group AG (Registered) | 167,802 | 115,690 | |
Sika AG (Registered) | 320,594 | 112,168 | |
Givaudan SA (Registered) | 20,870 | 86,463 | |
Alcon Inc. | 1,040,291 | 80,215 | |
Swiss Re AG | 653,050 | 71,155 | |
Partners Group Holding AG | 50,784 | 70,803 | |
Geberit AG (Registered) | 79,313 | 53,888 | |
Credit Suisse Group AG (Registered) | 5,441,302 | 51,722 | |
Swiss Life Holding AG (Registered) | 70,251 | 45,214 | |
Holcim Ltd. | 827,306 | 44,841 | |
Sonova Holding AG (Registered) | 119,980 | 42,742 | |
SGS SA (Registered) | 13,275 | 37,855 | |
Straumann Holding AG (Registered) | 22,742 | 37,685 | |
Swisscom AG (Registered) | 57,575 | 32,908 | |
Kuehne + Nagel International AG (Registered) | 113,537 | 32,061 | |
Julius Baer Group Ltd. | 482,624 | 31,539 | |
Chocoladefabriken Lindt & Spruengli AG Ptg. Ctf. | 2,488 | 28,874 | |
Logitech International SA (Registered) | 335,060 | 28,155 | |
Chocoladefabriken Lindt & Spruengli AG (Registered) | 223 | 25,698 | |
1 | VAT Group AG | 58,119 | 23,701 |
Schindler Holding AG Ptg. Ctf. | 91,896 | 23,064 | |
* | Holcim Ltd. (XSWX) | 415,132 | 22,405 |
Vifor Pharma AG | 117,271 | 20,774 | |
Swatch Group AG (Bearer) | 65,820 | 19,201 | |
Barry Callebaut AG (Registered) | 8,107 | 18,611 | |
Baloise Holding AG (Registered) | 101,958 | 17,861 | |
SIG Combibloc Group AG | 763,841 | 17,747 | |
Roche Holding AG (Bearer) | 42,956 | 17,689 | |
Adecco Group AG (Registered) | 360,401 | 17,167 | |
Swiss Prime Site AG (Registered) | 169,382 | 16,748 | |
Temenos AG (Registered) | 137,483 | 16,479 | |
EMS-Chemie Holding AG (Registered) | 16,000 | 16,184 | |
Tecan Group AG (Registered) | 28,698 | 13,953 | |
Georg Fischer AG (Registered) | 9,323 | 13,633 | |
PSP Swiss Property AG (Registered) | 97,049 | 11,768 | |
Belimo Holding AG (Registered) | 20,777 | 11,473 | |
Clariant AG (Registered) | 517,429 | 10,967 | |
Schindler Holding AG (Registered) | 43,210 | 10,840 | |
Helvetia Holding AG (Registered) | 79,538 | 10,001 | |
* | ams AG | 555,169 | 9,334 |
Bachem Holding AG (Registered) Class B | 13,916 | 8,301 | |
* | Flughafen Zurich AG (Registered) | 42,781 | 7,915 |
1 | Galenica AG | 108,554 | 7,666 |
Siegfried Holding AG (Registered) | 9,318 | 7,544 | |
* | Dufry AG (Registered) | 139,685 | 7,239 |
Allreal Holding AG (Registered) | 32,563 | 7,066 | |
Bucher Industries AG (Registered) | 14,604 | 6,724 | |
DKSH Holding AG | 80,778 | 6,477 | |
Daetwyler Holding AG (Bearer) | 16,469 | 6,467 | |
*,2 | Idorsia Ltd. | 270,631 | 6,304 |
Shares | Market Value ($000) | ||
2 | Stadler Rail AG | 118,954 | 5,661 |
SFS Group AG | 37,949 | 5,537 | |
Inficon Holding AG (Registered) | 4,477 | 5,468 | |
Swatch Group AG (Registered) | 96,815 | 5,435 | |
Interroll Holding AG (Registered) | 1,255 | 5,312 | |
Comet Holding AG (Registered) | 16,618 | 5,301 | |
Banque Cantonale Vaudoise (Registered) | 63,751 | 5,271 | |
Vontobel Holding AG (Registered) | 61,820 | 5,124 | |
Emmi AG (Registered) | 4,353 | 4,886 | |
BKW AG | 40,364 | 4,815 | |
Mobimo Holding AG (Registered) | 14,561 | 4,765 | |
Forbo Holding AG (Registered) | 2,352 | 4,541 | |
Cembra Money Bank AG | 65,714 | 4,520 | |
Softwareone Holding AG | 228,938 | 4,498 | |
* | Zur Rose Group AG | 17,110 | 4,188 |
OC Oerlikon Corp. AG (Registered) | 419,404 | 4,072 | |
dormakaba Holding AG | 6,845 | 3,919 | |
Bystronic AG | 2,974 | 3,909 | |
Sulzer AG (Registered) | 39,116 | 3,744 | |
Landis+Gyr Group AG | 55,730 | 3,676 | |
Valiant Holding AG (Registered) | 36,373 | 3,674 | |
Huber + Suhner AG (Registered) | 40,287 | 3,668 | |
Kardex Holding AG (Registered) | 13,176 | 3,657 | |
Burckhardt Compression Holding AG | 7,069 | 3,343 | |
*,1 | PolyPeptide Group AG | 33,170 | 3,307 |
Swissquote Group Holding SA (Registered) | 19,388 | 3,298 | |
St. Galler Kantonalbank AG (Registered) | 6,410 | 3,097 | |
*,1 | Sensirion Holding AG | 23,080 | 2,830 |
VZ Holding AG | 30,123 | 2,824 | |
Schweiter Technologies AG (Bearer) | 2,128 | 2,823 | |
LEM Holding SA (Registered) | 1,047 | 2,620 | |
* | Komax Holding AG (Registered) | 8,127 | 2,507 |
* | Dottikon Es Holding AG (Registered) | 10,025 | 2,506 |
*,1 | Medmix AG | 55,492 | 2,401 |
* | Aryzta AG | 2,084,334 | 2,393 |
Arbonia AG | 98,561 | 2,383 | |
*,2 | Meyer Burger Technology AG | 5,972,791 | 2,312 |
Zehnder Group AG | 21,860 | 2,001 | |
Bossard Holding AG (Registered) Class A | 5,973 | 1,873 | |
*,1 | Medacta Group SA | 13,914 | 1,783 |
* | Valora Holding AG (Registered) | 9,042 | 1,757 |
Intershop Holding AG | 2,652 | 1,751 | |
* | ALSO Holding AG (Registered) | 6,147 | 1,730 |
Leonteq AG | 23,547 | 1,693 | |
Vetropack Holding AG Class A (Registered) | 27,743 | 1,610 | |
* | Basilea Pharmaceutica AG (Registered) | 29,545 | 1,435 |
*,1 | Montana Aerospace AG | 38,223 | 1,429 |
* | Bobst Group SA (Registered) | 16,704 | 1,419 |
Ypsomed Holding AG (Registered) | 7,170 | 1,340 | |
* | Rieter Holding AG (Registered) | 6,421 | 1,298 |
*,2 | COSMO Pharmaceuticals NV | 20,834 | 1,292 |
Bell Food Group AG (Registered) | 4,158 | 1,262 | |
EFG International AG | 163,534 | 1,253 | |
* | Autoneum Holding AG | 6,230 | 1,132 |
* | u-blox Holding AG | 14,952 | 1,066 |
* | Ascom Holding AG (Registered) | 76,599 | 1,003 |
* | Implenia AG (Registered) | 29,596 | 722 |
Hiag Immobilien Holding AG | 6,145 | 628 |
Shares | Market Value ($000) | ||
VP Bank AG Class A | 5,715 | 617 | |
* | Swiss Steel Holding AG | 1,650,373 | 566 |
* | APG SGA SA | 2,162 | 443 |
* | Aryzta AG (XSWX) | 24,200 | 30 |
4,038,345 | |||
United Kingdom (23.0%) | |||
AstraZeneca plc | 3,503,861 | 407,597 | |
HSBC Holdings plc | 46,248,200 | 329,164 | |
Diageo plc | 5,194,904 | 262,142 | |
GlaxoSmithKline plc | 11,187,798 | 249,667 | |
BP plc | 44,063,915 | 228,424 | |
British American Tobacco plc | 5,166,657 | 220,590 | |
Rio Tinto plc | 2,459,742 | 173,376 | |
Unilever plc (XLON) | 3,211,967 | 164,716 | |
* | Glencore plc | 29,999,579 | 156,286 |
Unilever plc | 2,568,823 | 131,209 | |
Anglo American plc | 2,756,188 | 121,508 | |
National Grid plc | 8,160,890 | 119,418 | |
Reckitt Benckiser Group plc | 1,432,351 | 116,052 | |
Lloyds Banking Group plc | 160,409,668 | 111,320 | |
Vodafone Group plc | 61,968,534 | 108,808 | |
Prudential plc (XLON) | 6,215,143 | 104,761 | |
Barclays plc | 37,901,604 | 101,683 | |
Compass Group plc | 4,039,396 | 91,806 | |
Experian plc | 2,070,768 | 86,492 | |
London Stock Exchange Group plc | 821,896 | 80,475 | |
Ferguson plc | 501,038 | 78,809 | |
Ashtead Group plc | 1,012,439 | 72,418 | |
RELX plc | 2,274,726 | 69,971 | |
Tesco plc | 17,274,683 | 69,387 | |
RELX plc (XLON) | 1,930,115 | 59,192 | |
* | Flutter Entertainment plc (XDUB) | 374,871 | 57,120 |
BAE Systems plc | 7,192,327 | 56,285 | |
Legal & General Group plc | 13,427,388 | 52,501 | |
SSE plc | 2,417,231 | 52,009 | |
Aviva plc | 8,610,853 | 50,838 | |
Imperial Brands plc | 2,134,989 | 50,620 | |
CRH plc | 991,999 | 49,789 | |
Segro plc | 2,707,462 | 47,732 | |
BT Group plc | 17,013,535 | 45,063 | |
Standard Chartered plc | 5,712,257 | 41,601 | |
WPP plc | 2,584,229 | 40,522 | |
3i Group plc | 2,154,471 | 40,124 | |
CRH plc (XDUB) | 759,099 | 38,320 | |
Natwest Group plc | 11,606,617 | 38,148 | |
Smith & Nephew plc | 1,991,198 | 33,864 | |
Croda International plc | 304,522 | 32,888 | |
Smurfit Kappa Group plc | 587,064 | 30,979 | |
Spirax-Sarco Engineering plc | 166,362 | 29,988 | |
* | Rolls-Royce Holdings plc | 18,929,293 | 29,671 |
Rentokil Initial plc | 4,209,553 | 29,478 | |
Next plc | 287,954 | 29,338 | |
Halma plc | 859,187 | 29,121 | |
Bunzl plc | 763,955 | 28,615 | |
* | Entain plc | 1,320,805 | 28,595 |
* | InterContinental Hotels Group plc | 417,005 | 27,553 |
Mondi plc (XLON) | 1,095,963 | 27,420 | |
Intertek Group plc | 364,829 | 26,476 |
Shares | Market Value ($000) | ||
* | Informa plc | 3,407,019 | 25,772 |
St. James's Place plc | 1,202,485 | 24,822 | |
Persimmon plc | 720,203 | 23,464 | |
Burberry Group plc | 911,249 | 23,117 | |
Sage Group plc | 2,322,064 | 22,691 | |
* | Ocado Group plc | 1,106,017 | 22,536 |
United Utilities Group plc | 1,544,500 | 22,281 | |
Severn Trent plc | 566,824 | 22,007 | |
Kingfisher plc | 4,787,495 | 21,469 | |
Admiral Group plc | 504,236 | 21,441 | |
Associated British Foods plc | 787,725 | 20,793 | |
Melrose Industries plc | 9,844,939 | 20,054 | |
Barratt Developments plc | 2,305,506 | 19,175 | |
1 | Auto Trader Group plc | 2,116,070 | 19,175 |
* | Whitbread plc | 462,609 | 19,035 |
Smiths Group plc | 902,826 | 19,029 | |
DCC plc | 224,731 | 18,896 | |
* | Meggitt plc | 1,770,121 | 17,879 |
Land Securities Group plc | 1,624,168 | 17,444 | |
M&G plc | 5,912,349 | 17,304 | |
Rightmove plc | 1,926,919 | 16,983 | |
Taylor Wimpey plc | 8,230,887 | 16,886 | |
Intermediate Capital Group plc | 632,532 | 16,336 | |
Electrocomponents plc | 1,070,087 | 16,202 | |
Abrdn plc | 4,900,790 | 16,027 | |
British Land Co. plc | 2,117,422 | 15,833 | |
Hargreaves Lansdown plc | 853,550 | 15,497 | |
B&M European Value Retail SA | 2,006,860 | 15,368 | |
J Sainsbury plc | 3,909,856 | 15,364 | |
Phoenix Group Holdings plc | 1,671,544 | 14,964 | |
DS Smith plc | 2,910,567 | 14,864 | |
* | Coca-Cola HBC AG | 444,857 | 14,734 |
* | JD Sports Fashion plc | 5,611,318 | 14,388 |
Pearson plc | 1,718,273 | 14,347 | |
Howden Joinery Group plc | 1,300,331 | 14,346 | |
Antofagasta plc | 779,799 | 14,186 | |
Weir Group plc | 588,627 | 13,860 | |
Tritax Big Box REIT plc | 4,251,832 | 13,638 | |
Berkeley Group Holdings plc | 234,744 | 13,397 | |
Dechra Pharmaceuticals plc | 238,347 | 13,388 | |
* | Centrica plc | 13,274,852 | 13,053 |
* | Marks & Spencer Group plc | 4,398,552 | 13,017 |
* | ITV plc | 8,506,390 | 13,012 |
IMI plc | 581,936 | 13,002 | |
Direct Line Insurance Group plc | 3,010,793 | 12,411 | |
Royal Mail plc | 2,063,770 | 12,332 | |
Polymetal International plc | 811,879 | 11,666 | |
Schroders plc | 251,295 | 11,522 | |
Spectris plc | 251,307 | 11,468 | |
Johnson Matthey plc | 434,062 | 11,463 | |
Future plc | 254,667 | 10,862 | |
Hikma Pharmaceuticals plc | 386,445 | 10,856 | |
AVEVA Group plc | 271,742 | 10,783 | |
Bellway plc | 279,029 | 10,737 | |
Derwent London plc | 230,639 | 10,657 | |
1 | Avast plc | 1,249,783 | 10,333 |
Travis Perkins plc | 508,630 | 10,320 | |
Diploma plc | 273,456 | 10,264 |
Shares | Market Value ($000) | ||
Tate & Lyle plc | 1,052,216 | 10,065 | |
UNITE Group plc | 715,094 | 10,005 | |
Hiscox Ltd. | 754,910 | 9,923 | |
Inchcape plc | 863,486 | 9,847 | |
Endeavour Mining plc | 415,613 | 9,248 | |
IG Group Holdings plc | 832,946 | 9,170 | |
*,1 | Watches of Switzerland Group plc | 519,724 | 9,054 |
Pennon Group plc | 615,970 | 9,026 | |
Evraz plc | 1,326,266 | 9,010 | |
* | Beazley plc | 1,353,972 | 8,989 |
Rotork plc | 1,933,009 | 8,884 | |
1 | ConvaTec Group plc | 3,679,231 | 8,735 |
Investec plc | 1,493,447 | 8,600 | |
* | S4 Capital plc | 1,194,309 | 8,351 |
* | Wise plc Class A | 1,019,759 | 8,343 |
Greggs plc | 224,314 | 8,135 | |
Man Group plc | 3,081,388 | 8,050 | |
Safestore Holdings plc | 462,185 | 7,924 | |
Games Workshop Group plc | 73,588 | 7,890 | |
Genus plc | 150,439 | 7,766 | |
Grafton Group plc | 493,859 | 7,763 | |
Big Yellow Group plc | 379,078 | 7,649 | |
Britvic plc | 600,817 | 7,374 | |
Drax Group plc | 892,144 | 7,268 | |
* | Virgin Money UK plc | 2,790,524 | 7,223 |
LondonMetric Property plc | 1,982,185 | 7,142 | |
* | easyJet plc | 832,628 | 7,034 |
1 | Quilter plc | 3,702,998 | 6,876 |
Vistry Group plc | 494,788 | 6,860 | |
Grainger plc | 1,677,538 | 6,832 | |
Hays plc | 3,487,509 | 6,796 | |
HomeServe plc | 637,004 | 6,566 | |
* | SSP Group plc | 1,757,881 | 6,522 |
OSB Group plc | 869,582 | 6,460 | |
* | Carnival plc | 347,861 | 6,384 |
* | WH Smith plc | 279,891 | 6,279 |
* | IWG plc | 1,619,828 | 6,239 |
Softcat plc | 280,978 | 6,226 | |
Ultra Electronics Holdings plc | 157,487 | 6,179 | |
Pets at Home Group plc | 1,066,387 | 6,175 | |
Computacenter plc | 171,434 | 6,173 | |
Close Brothers Group plc | 347,598 | 6,040 | |
Great Portland Estates plc | 567,290 | 5,878 | |
Cranswick plc | 117,990 | 5,847 | |
Primary Health Properties plc | 2,955,202 | 5,731 | |
Pagegroup plc | 703,427 | 5,551 | |
* | Playtech plc | 685,348 | 5,399 |
Savills plc | 295,628 | 5,387 | |
* | International Consolidated Airlines Group SA | 2,517,682 | 5,382 |
Assura plc | 5,934,778 | 5,368 | |
Domino's Pizza Group plc | 1,013,091 | 5,311 | |
Shaftesbury plc | 623,910 | 5,239 | |
Dr. Martens plc | 1,257,201 | 5,223 | |
* | Harbour Energy plc | 1,054,807 | 5,147 |
Victrex plc | 184,713 | 5,145 | |
Balfour Beatty plc | 1,476,953 | 5,063 | |
2 | Hammerson plc | 9,415,187 | 4,963 |
Serco Group plc | 2,695,179 | 4,875 |
Shares | Market Value ($000) | ||
*,1 | Countryside Properties plc | 1,140,743 | 4,758 |
*,2 | TUI AG | 1,375,256 | 4,740 |
Renishaw plc | 76,538 | 4,726 | |
1 | Airtel Africa plc | 2,246,373 | 4,648 |
* | Ascential plc | 964,374 | 4,607 |
QinetiQ Group plc | 1,256,380 | 4,560 | |
Spirent Communications plc | 1,364,590 | 4,557 | |
Dunelm Group plc | 252,640 | 4,553 | |
Bodycote plc | 419,657 | 4,513 | |
* | John Wood Group plc | 1,497,633 | 4,508 |
*,1 | Wizz Air Holdings plc | 80,337 | 4,403 |
IntegraFin Holdings plc | 648,560 | 4,329 | |
Paragon Banking Group plc | 560,846 | 4,320 | |
Plus500 Ltd. | 216,598 | 4,301 | |
Redrow plc | 508,403 | 4,283 | |
Marshalls plc | 448,720 | 4,272 | |
* | Indivior plc | 1,395,031 | 4,247 |
* | Sanne Group plc | 340,641 | 4,199 |
Synthomer plc | 829,172 | 4,094 | |
* | National Express Group plc | 1,203,388 | 4,081 |
Genuit Group plc | 524,599 | 4,067 | |
Lancashire Holdings Ltd. | 548,828 | 4,063 | |
Capital & Counties Properties plc | 1,743,874 | 4,056 | |
* | Frasers Group plc | 407,001 | 4,043 |
Ashmore Group plc | 1,028,995 | 3,944 | |
Sirius Real Estate Ltd. | 2,197,787 | 3,842 | |
*,1 | Network International Holdings plc | 1,068,112 | 3,803 |
* | THG plc Class B | 2,133,096 | 3,802 |
* | Mediclinic International plc | 877,341 | 3,785 |
Micro Focus International plc | 613,333 | 3,773 | |
* | TUI AG (XETR) | 1,053,132 | 3,645 |
Hill & Smith Holdings plc | 179,259 | 3,629 | |
* | Helios Towers plc | 1,721,634 | 3,559 |
Fresnillo plc | 415,590 | 3,522 | |
Oxford Instruments plc | 118,721 | 3,515 | |
Workspace Group plc | 301,486 | 3,445 | |
Rathbones Group plc | 135,976 | 3,433 | |
* | Energean plc | 266,833 | 3,400 |
TP ICAP Group plc | 1,767,584 | 3,351 | |
Currys plc | 2,271,843 | 3,277 | |
Essentra plc | 677,634 | 3,158 | |
*,1 | Trainline plc | 1,029,782 | 3,118 |
* | Capricorn Energy plc | 1,109,484 | 3,093 |
*,1 | Bridgepoint Group plc (Registered) | 586,979 | 3,055 |
Jupiter Fund Management plc | 973,690 | 3,021 | |
*,1 | Deliveroo plc Class A | 1,436,950 | 3,019 |
Vesuvius plc | 481,217 | 2,982 | |
Moneysupermarket.com Group plc | 1,166,348 | 2,981 | |
AJ Bell plc | 649,190 | 2,961 | |
IP Group plc | 2,251,062 | 2,959 | |
Euromoney Institutional Investor plc | 236,182 | 2,929 | |
Redde Northgate plc | 561,100 | 2,924 | |
Centamin plc | 2,422,340 | 2,919 | |
Rhi Magnesita NV | 62,906 | 2,902 | |
Coats Group plc | 3,243,193 | 2,870 | |
Liontrust Asset Management plc | 130,925 | 2,870 | |
Brewin Dolphin Holdings plc | 646,171 | 2,869 | |
Telecom Plus plc | 140,984 | 2,857 |
Shares | Market Value ($000) | ||
Bytes Technology Group plc (XLON) | 451,337 | 2,829 | |
FDM Group Holdings plc | 192,109 | 2,810 | |
Morgan Advanced Materials plc | 639,931 | 2,769 | |
* | Just Group plc | 2,314,793 | 2,694 |
* | C&C Group plc | 894,560 | 2,682 |
* | Darktrace plc | 473,091 | 2,621 |
* | Auction Technology Group plc | 181,449 | 2,618 |
Morgan Sindall Group plc | 90,341 | 2,610 | |
Kainos Group plc | 125,584 | 2,582 | |
Premier Foods plc | 1,613,409 | 2,574 | |
Ninety One plc | 727,810 | 2,561 | |
Mitie Group plc | 3,153,302 | 2,555 | |
* | Moonpig Group plc | 588,303 | 2,500 |
*,1 | Aston Martin Lagonda Global Holdings plc | 153,298 | 2,488 |
* | Elementis plc | 1,282,265 | 2,474 |
Clarkson plc | 55,541 | 2,472 | |
* | Provident Financial plc | 573,088 | 2,430 |
Crest Nicholson Holdings plc | 555,690 | 2,416 | |
1 | TI Fluid Systems plc Class B | 731,272 | 2,355 |
1 | Ibstock plc | 873,634 | 2,341 |
* | J D Wetherspoon plc | 191,877 | 2,330 |
Chemring Group plc | 627,872 | 2,326 | |
* | Firstgroup plc | 1,688,505 | 2,325 |
* | Babcock International Group plc | 563,072 | 2,306 |
1 | Biffa plc | 493,858 | 2,268 |
XP Power Ltd. | 34,316 | 2,256 | |
* | Tullow Oil plc | 3,216,981 | 2,177 |
Ferrexpo plc | 655,472 | 2,153 | |
* | Restaurant Group plc | 1,632,210 | 2,093 |
888 Holdings plc | 600,066 | 2,071 | |
*,1 | Spire Healthcare Group plc | 631,783 | 2,033 |
Hilton Food Group plc | 144,194 | 2,027 | |
Halfords Group plc | 446,166 | 1,968 | |
* | Greencore Group plc | 1,167,251 | 1,943 |
* | Mitchells & Butlers plc | 566,556 | 1,922 |
*,1 | Trustpilot Group plc | 746,148 | 1,858 |
UK Commercial Property REIT Ltd. | 1,643,677 | 1,818 | |
Keller Group plc | 158,338 | 1,817 | |
BMO Commercial Property Trust Ltd. | 1,175,668 | 1,817 | |
* | Senior plc | 948,791 | 1,718 |
Picton Property Income Ltd. | 1,235,483 | 1,718 | |
Bank of Georgia Group plc | 86,815 | 1,718 | |
NCC Group plc | 654,893 | 1,685 | |
* | Oxford Biomedica plc | 146,329 | 1,670 |
Wickes Group plc | 597,210 | 1,650 | |
* | Capita plc | 3,805,608 | 1,637 |
TBC Bank Group plc | 81,473 | 1,551 | |
1 | Vivo Energy plc | 866,865 | 1,551 |
* | Marston's plc | 1,399,565 | 1,530 |
Helical plc | 227,309 | 1,326 | |
* | PureTech Health plc | 350,137 | 1,300 |
*,2 | Petropavlovsk plc | 6,314,334 | 1,290 |
AG Barr plc | 182,245 | 1,213 | |
*,2 | Cineworld Group plc | 2,226,265 | 1,196 |
* | Petrofac Ltd. (XLON) | 739,191 | 1,189 |
Devro plc | 384,494 | 1,150 | |
* | Stagecoach Group plc | 923,100 | 1,140 |
PZ Cussons plc | 417,454 | 1,089 |
Shares | Market Value ($000) | ||
CLS Holdings plc | 344,290 | 1,043 | |
* | Alphawave IP Group plc | 477,357 | 1,030 |
1 | ContourGlobal plc | 395,167 | 999 |
* | Rank Group plc | 467,953 | 996 |
Hochschild Mining plc | 705,224 | 988 | |
Avon Protection plc | 64,324 | 979 | |
Hunting plc | 300,542 | 874 | |
* | AO World plc | 633,882 | 862 |
*,3 | Go-Ahead Group plc | 95,138 | 853 |
* | SIG plc | 1,499,716 | 836 |
1 | CMC Markets plc | 246,382 | 768 |
Micro Focus International plc ADR | 122,776 | 748 | |
1 | Bakkavor Group plc | 340,349 | 561 |
1 | Alfa Financial Software Holdings plc | 208,411 | 469 |
*,1 | Funding Circle Holdings plc | 349,439 | 448 |
*,1,3 | Finablr plc | 304,209 | 45 |
*,2,3 | Intu Properties plc | 1,544,041 | — |
*,3 | NMC Health plc | 157,105 | — |
*,3 | Carillion plc | 1,000,411 | — |
6,444,112 | |||
Total Common Stocks (Cost $27,726,356) | 27,841,574 | ||
Temporary Cash Investments (0.6%) | |||
Money Market Fund (0.6%) | |||
4,5 | Vanguard Market Liquidity Fund, 0.120% (Cost $157,773) | 1,577,882 | 157,773 |
Total Investments (99.8%) (Cost $27,884,129) | 27,999,347 | ||
Other Assets and Liabilities—Net (0.2%) | 60,526 | ||
Net Assets (100%) | 28,059,873 | ||
Cost is in $000. |
* | Non-income-producing security. |
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 January 31, 2022, the aggregate value was $952,013,000, representing 3.4% of net assets. |
2 | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $119,932,000. |
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 $126,756,000 was received for securities on loan. |
ADR—American Depositary Receipt. | |
GDR—Global Depositary Receipt. | |
Ptg. Ctf.—Participating Certificates. | |
REIT—Real Estate Investment Trust. |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts | ||||
($000) | ||||
Expiration | Number of Long (Short) Contracts | Notional Amount | Value and Unrealized Appreciation (Depreciation) | |
Long Futures Contracts | ||||
Euro Stoxx 50 Index | March 2022 | 3,360 | 156,390 | (1,209) |
FTSE 100 Index | March 2022 | 675 | 67,146 | 777 |
(432) |
Forward Currency Contracts | |||||||
Contract Settlement Date | Contract Amount (000) | Unrealized Appreciation ($000) | Unrealized Depreciation ($000) | ||||
Counterparty | Receive | Deliver | |||||
Toronto-Dominion Bank | 3/16/22 | EUR | 83,712 | USD | 94,539 | — | (397) |
Morgan Stanley Capital Services Inc. | 3/16/22 | EUR | 51,953 | USD | 58,531 | — | (104) |
Royal Bank of Canada | 3/16/22 | EUR | 37,230 | USD | 42,148 | — | (280) |
Bank of America, N.A. | 3/16/22 | EUR | 35,320 | USD | 39,945 | — | (223) |
Citibank, N.A. | 3/16/22 | EUR | 22,811 | USD | 25,492 | 162 | — |
State Street Bank & Trust Co. | 3/16/22 | EUR | 9,291 | USD | 10,550 | — | (101) |
BNP Paribas | 3/16/22 | EUR | 5,003 | USD | 5,583 | 43 | — |
Toronto-Dominion Bank | 3/16/22 | GBP | 42,664 | USD | 56,353 | 1,010 | — |
Royal Bank of Canada | 3/16/22 | GBP | 12,291 | USD | 16,247 | 279 | — |
Royal Bank of Canada | 3/16/22 | GBP | 9,276 | USD | 12,708 | — | (236) |
BNP Paribas | 3/16/22 | GBP | 8,518 | USD | 11,417 | 36 | — |
Barclays Bank plc | 3/16/22 | GBP | 7,061 | USD | 9,340 | 154 | — |
Goldman Sachs International | 3/16/22 | GBP | 6,882 | USD | 9,102 | 152 | — |
Barclays Bank plc | 3/16/22 | GBP | 5,671 | USD | 7,656 | — | (31) |
UBS AG | 3/16/22 | GBP | 2,622 | USD | 3,554 | — | (28) |
Bank of America, N.A. | 3/16/22 | USD | 64,565 | CHF | 59,525 | 247 | — |
Bank of America, N.A. | 3/16/22 | USD | 6,516 | DKK | 42,864 | 37 | — |
Royal Bank of Canada | 3/16/22 | USD | 139,919 | EUR | 124,185 | 261 | — |
State Street Bank & Trust Co. | 3/16/22 | USD | 22,743 | EUR | 20,155 | 77 | — |
State Street Bank & Trust Co. | 3/16/22 | USD | 68,305 | GBP | 51,575 | — | (1,039) |
State Street Bank & Trust Co. | 3/16/22 | USD | 11,679 | GBP | 8,675 | 15 | — |
Bank of America, N.A. | 3/16/22 | USD | 583 | SEK | 5,292 | 15 | — |
2,488 | (2,439) |
CHF—Swiss franc. |
DKK—Danish krone. |
EUR—euro. |
GBP—British pound. |
SEK—Swedish krona. |
USD—U.S. dollar. |
At January 31, 2022, the counterparties had deposited in segregated accounts cash of $630,000 in connection with open forward currency contracts.
A. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued 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.
B. 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).
C. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures contracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the underlying index while maintaining a cash balance for liquidity. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. Fluctuations in the value of the contracts are recorded as an asset (liability).
D. Forward Currency Contracts: The fund enters into forward currency contracts to protect the value of securities and related receivables and payables against changes in future foreign exchange rates. 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. Fluctuations in the value of the contracts are recorded as an asset (liability).
E. 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 January 31, 2022, based on the inputs used to value them:
Level 1 ($000) | Level 2 ($000) | Level 3 ($000) | Total ($000) | |
Investments | ||||
Assets | ||||
Common Stocks | 31,145 | 27,797,294 | 13,135 | 27,841,574 |
Temporary Cash Investments | 157,773 | — | — | 157,773 |
Total | 188,918 | 27,797,294 | 13,135 | 27,999,347 |
Derivative Financial Instruments | ||||
Assets | ||||
Futures Contracts1 | 777 | — | — | 777 |
Forward Currency Contracts | — | 2,488 | — | 2,488 |
Total | 777 | 2,488 | — | 3,265 |
Liabilities | ||||
Futures Contracts1 | 1,209 | — | — | 1,209 |
Forward Currency Contracts | — | 2,439 | — | 2,439 |
Total | 1,209 | 2,439 | — | 3,648 |
1 | Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments. |