Vanguard® European Stock Index Fund
Schedule of Investments (unaudited)
As of July 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 | 657,274 | 16,664 | |
Verbund AG | 132,542 | 14,575 | |
OMV AG | 284,894 | 12,133 | |
1 | BAWAG Group AG | 172,361 | 7,958 |
ANDRITZ AG | 140,843 | 6,590 | |
Wienerberger AG | 229,161 | 5,275 | |
voestalpine AG | 230,002 | 5,179 | |
Raiffeisen Bank International AG | 259,286 | 3,141 | |
Mayr Melnhof Karton AG | 16,942 | 2,707 | |
CA Immobilien Anlagen AG | 81,860 | 2,672 | |
AT&S Austria Technologie & Systemtechnik AG | 50,492 | 2,523 | |
S IMMO AG | 100,054 | 2,334 | |
Lenzing AG | 25,867 | 2,087 | |
2 | Oesterreichische Post AG | 64,602 | 1,862 |
Vienna Insurance Group AG Wiener Versicherung Gruppe | 75,664 | 1,737 | |
EVN AG | 72,515 | 1,710 | |
Telekom Austria AG Class A | 271,780 | 1,684 | |
UNIQA Insurance Group AG | 224,878 | 1,541 | |
Strabag SE (Bearer) | 30,640 | 1,268 | |
Schoeller-Bleckmann Oilfield Equipment AG | 20,766 | 1,187 | |
* | DO & CO AG | 14,132 | 1,181 |
IMMOFINANZ AG | 67,175 | 1,026 | |
* | Flughafen Wien AG | 22,097 | 743 |
Palfinger AG | 21,524 | 533 | |
Agrana Beteiligungs AG | 23,831 | 395 | |
Porr AG | 29,928 | 372 | |
99,077 | |||
Belgium (1.7%) | |||
Anheuser-Busch InBev SA | 1,733,862 | 92,879 | |
* | Argenx SE | 107,776 | 39,371 |
KBC Group NV | 551,384 | 28,880 | |
UCB SA | 242,378 | 18,939 | |
Groupe Bruxelles Lambert SA | 199,933 | 17,697 | |
Ageas SA | 372,603 | 16,262 | |
Umicore SA | 411,257 | 14,897 | |
Solvay SA | 140,047 | 12,301 | |
Elia Group SA | 75,507 | 11,463 | |
Warehouses De Pauw CVA | 285,329 | 9,700 | |
Aedifica SA | 78,793 | 8,181 | |
D'ieteren Group | 46,315 | 7,601 | |
Sofina SA | 30,759 | 7,203 | |
Cofinimmo SA | 63,618 | 7,159 |
Shares | Market Value ($000) | ||
Ackermans & van Haaren NV | 44,755 | 6,579 | |
Euronav NV | 378,683 | 5,170 | |
Proximus SADP | 276,162 | 3,827 | |
Barco NV | 136,809 | 3,585 | |
Melexis NV | 39,925 | 3,426 | |
VGP NV | 16,115 | 2,830 | |
Etablissements Franz Colruyt NV | 98,649 | 2,728 | |
Shurgard Self Storage SA | 50,041 | 2,581 | |
KBC Ancora | 72,620 | 2,544 | |
Bekaert SA | 71,809 | 2,543 | |
Montea NV | 25,077 | 2,536 | |
Gimv NV | 38,339 | 2,070 | |
Xior Student Housing NV | 43,130 | 1,887 | |
Fagron | 114,982 | 1,754 | |
* | Dredging Environmental & Marine Engineering NV | 13,595 | 1,572 |
* | Tessenderlo Group SA | 50,044 | 1,568 |
Telenet Group Holding NV | 91,356 | 1,461 | |
Retail Estates NV | 20,379 | 1,439 | |
bpost SA | 198,538 | 1,246 | |
* | Kinepolis Group NV | 24,351 | 1,199 |
* | AGFA-Gevaert NV | 281,365 | 1,018 |
* | Ontex Group NV | 154,323 | 1,009 |
Econocom Group SA NV | 233,269 | 794 | |
Befimmo SA | 13,209 | 640 | |
* | Orange Belgium SA | 32,148 | 619 |
Van de Velde NV | 12,345 | 464 | |
*,2 | Mithra Pharmaceuticals SA | 47,768 | 323 |
Wereldhave Belgium Comm VA | 5,568 | 298 | |
* | Cie d'Entreprises CFE | 13,647 | 133 |
350,376 | |||
Denmark (4.2%) | |||
Novo Nordisk A/S Class B | 3,136,155 | 365,280 | |
DSV A/S | 381,960 | 64,361 | |
Vestas Wind Systems A/S | 2,016,816 | 53,010 | |
1 | Orsted A/S | 378,124 | 44,020 |
* | Genmab A/S | 119,028 | 42,353 |
Coloplast A/S Class B | 266,792 | 31,225 | |
AP Moller - Maersk A/S Class B | 10,660 | 29,105 | |
Novozymes A/S Class B | 398,340 | 25,446 | |
Carlsberg A/S Class B | 189,869 | 24,558 | |
AP Moller - Maersk A/S Class A | 8,387 | 22,469 | |
Danske Bank A/S | 1,319,290 | 18,449 | |
Tryg A/S | 723,833 | 16,504 | |
Pandora A/S | 182,703 | 13,573 | |
Chr Hansen Holding A/S | 206,201 | 13,496 | |
GN Store Nord A/S | 254,822 | 8,874 | |
Royal Unibrew A/S | 96,238 | 8,208 | |
* | Demant A/S | 195,890 | 7,463 |
* | Bavarian Nordic A/S | 144,063 | 7,144 |
* | ISS A/S | 369,546 | 6,458 |
Ringkjoebing Landbobank A/S | 55,314 | 6,211 | |
SimCorp A/S | 78,268 | 5,842 | |
* | Jyske Bank A/S (Registered) | 108,743 | 5,691 |
* | ALK-Abello A/S | 266,752 | 5,326 |
* | NKT A/S | 85,335 | 4,372 |
Topdanmark A/S | 84,452 | 4,117 | |
Ambu A/S Class B | 340,203 | 3,868 | |
*,1 | Netcompany Group A/S | 66,708 | 3,741 |
Shares | Market Value ($000) | ||
Chemometec A/S | 31,319 | 3,741 | |
Sydbank A/S | 115,050 | 3,533 | |
ROCKWOOL International A/S Class B | 12,552 | 3,110 | |
FLSmidth & Co. A/S | 111,552 | 3,064 | |
Alm Brand A/S | 1,682,445 | 2,532 | |
H Lundbeck A/S | 489,681 | 2,420 | |
1 | Scandinavian Tobacco Group A/S Class A | 117,786 | 2,256 |
D/S Norden A/S | 48,244 | 2,105 | |
Dfds A/S | 58,108 | 2,083 | |
* | Drilling Co. of 1972 A/S | 43,302 | 2,055 |
Spar Nord Bank A/S | 167,978 | 1,925 | |
Schouw & Co. A/S | 25,115 | 1,870 | |
* | Zealand Pharma A/S | 86,441 | 1,559 |
* | NTG Nordic Transport Group A/S Class A | 30,653 | 1,351 |
* | Nilfisk Holding A/S | 56,420 | 1,334 |
* | H Lundbeck A/S Class A | 110,566 | 527 |
876,629 | |||
Finland (2.1%) | |||
Nokia OYJ | 11,313,285 | 58,926 | |
Nordea Bank Abp | 5,654,691 | 55,755 | |
Neste OYJ | 834,844 | 42,929 | |
Sampo OYJ Class A | 983,338 | 42,483 | |
Kone OYJ Class B | 787,266 | 35,979 | |
UPM-Kymmene OYJ | 1,069,646 | 33,897 | |
Nordea Bank Abp (XHEL) | 1,934,363 | 19,063 | |
Stora Enso OYJ Class R | 1,152,234 | 17,820 | |
Elisa OYJ | 288,246 | 15,941 | |
Kesko OYJ Class B | 539,346 | 13,340 | |
Metso Outotec OYJ | 1,217,357 | 10,063 | |
Orion OYJ Class B | 207,964 | 9,928 | |
Fortum OYJ | 865,960 | 9,720 | |
Valmet OYJ | 335,140 | 9,326 | |
Wartsila OYJ Abp | 973,528 | 8,554 | |
Huhtamaki OYJ | 185,724 | 7,239 | |
Kojamo OYJ | 393,171 | 7,014 | |
Konecranes OYJ Class A | 145,077 | 3,895 | |
TietoEVRY OYJ (XHEL) | 136,547 | 3,714 | |
Cargotec OYJ Class B | 98,448 | 3,482 | |
Nokian Renkaat OYJ | 267,427 | 3,163 | |
* | QT Group OYJ | 38,431 | 3,108 |
Metsa Board OYJ | 338,649 | 3,019 | |
Outokumpu OYJ | 663,061 | 2,919 | |
Kemira OYJ | 182,397 | 2,316 | |
Revenio Group OYJ | 44,670 | 2,301 | |
Sanoma OYJ | 146,589 | 2,071 | |
Uponor OYJ | 103,257 | 1,555 | |
1 | Terveystalo OYJ | 144,216 | 1,355 |
Tokmanni Group Corp. | 97,554 | 1,283 | |
Citycon OYJ | 154,683 | 1,101 | |
YIT OYJ | 322,649 | 1,097 | |
TietoEVRY OYJ | 38,768 | 1,053 | |
* | F-Secure OYJ | 221,088 | 686 |
Raisio OYJ Class V | 254,346 | 564 | |
Oriola OYJ Class B | 270,792 | 550 | |
*,2 | Finnair OYJ | 1,261,644 | 519 |
* | WithSecure OYJ | 221,088 | 401 |
Shares | Market Value ($000) | ||
*,3 | Ahlstrom-Munksjo OYJ Rights | 19,422 | 354 |
438,483 | |||
France (15.7%) | |||
LVMH Moet Hennessy Louis Vuitton SE | 499,701 | 346,970 | |
TotalEnergies SE | 4,794,192 | 244,875 | |
Sanofi | 2,184,402 | 217,072 | |
Schneider Electric SE | 1,066,004 | 147,433 | |
L'Oreal SA Loyalty Shares | 355,795 | 134,511 | |
Airbus SE | 1,118,394 | 120,587 | |
Air Liquide SA Loyalty Shares | 756,108 | 103,952 | |
BNP Paribas SA | 2,145,192 | 101,355 | |
Vinci SA | 996,140 | 95,489 | |
EssilorLuxottica SA | 597,232 | 93,635 | |
AXA SA | 3,707,180 | 85,423 | |
Hermes International | 62,071 | 85,158 | |
Kering SA | 146,182 | 83,688 | |
Pernod Ricard SA | 416,817 | 81,881 | |
Safran SA | 698,487 | 76,775 | |
Danone SA | 1,157,699 | 63,835 | |
Capgemini SE | 321,034 | 61,233 | |
Dassault Systemes SE | 1,339,053 | 57,434 | |
STMicroelectronics NV | 1,269,408 | 48,039 | |
L'Oreal SA (XPAR) | 124,033 | 46,892 | |
Legrand SA | 536,960 | 43,960 | |
Cie de Saint-Gobain | 936,232 | 43,656 | |
Cie Generale des Etablissements Michelin SCA | 1,422,700 | 39,814 | |
Orange SA | 3,845,798 | 39,298 | |
Teleperformance | 116,646 | 39,007 | |
Societe Generale SA | 1,495,393 | 33,506 | |
Air Liquide SA (XPAR) | 239,308 | 32,901 | |
Veolia Environnement SA | 1,250,146 | 31,267 | |
Engie SA Loyalty Shares | 2,421,494 | 29,960 | |
Edenred | 499,086 | 25,618 | |
Thales SA | 201,404 | 25,047 | |
Publicis Groupe SA | 454,490 | 24,186 | |
Credit Agricole SA | 2,358,441 | 21,730 | |
*,1 | Worldline SA | 489,422 | 21,602 |
Carrefour SA | 1,208,574 | 20,597 | |
Sartorius Stedim Biotech | 48,051 | 19,222 | |
Eurofins Scientific SE | 246,008 | 19,178 | |
Getlink SE | 917,171 | 18,357 | |
Bureau Veritas SA | 572,568 | 15,792 | |
Alstom SA | 607,591 | 14,440 | |
Eiffage SA | 147,864 | 13,875 | |
Vivendi SE | 1,430,817 | 13,583 | |
1 | Euronext NV | 163,108 | 13,290 |
Bouygues SA | 426,459 | 12,892 | |
Arkema SA | 129,336 | 12,253 | |
EDF Loyalty Shares 2024 | 941,514 | 11,434 | |
* | Renault SA | 385,340 | 11,392 |
Rexel SA | 609,020 | 10,824 | |
Gecina SA | 103,018 | 10,562 | |
Valeo | 481,104 | 10,334 | |
Bollore SE | 1,975,159 | 9,972 | |
Remy Cointreau SA | 49,142 | 9,708 | |
Engie SA (XPAR) | 784,479 | 9,706 | |
* | Accor SA | 364,541 | 9,459 |
BioMerieux | 85,189 | 9,221 |
Shares | Market Value ($000) | ||
Sodexo SA ACT Loyalty Shares | 109,891 | 8,929 | |
Klepierre SA | 375,134 | 8,335 | |
* | Ubisoft Entertainment SA | 191,427 | 8,150 |
Gaztransport Et Technigaz SA | 57,596 | 7,944 | |
* | Aeroports de Paris | 56,481 | 7,804 |
Alten SA | 57,200 | 7,747 | |
* | SOITEC | 44,047 | 7,050 |
Ipsen SA | 68,781 | 6,958 | |
Dassault Aviation SA | 46,994 | 6,721 | |
Elis SA (XPAR) | 442,072 | 6,598 | |
Covivio | 100,949 | 6,384 | |
1 | La Francaise des Jeux SAEM | 174,189 | 6,222 |
1 | Amundi SA | 114,266 | 6,204 |
SPIE SA | 251,333 | 6,036 | |
SES SA Class A GDR | 759,174 | 5,729 | |
Nexans SA | 59,556 | 5,720 | |
SCOR SE | 306,538 | 5,394 | |
L'Oreal SA | 14,264 | 5,393 | |
Wendel SE | 54,344 | 5,002 | |
*,2 | Faurecia SE (XPAR) | 266,792 | 4,822 |
Sopra Steria Group SACA | 28,361 | 4,726 | |
Rubis SCA | 189,621 | 4,635 | |
Air Liquide SA | 29,404 | 4,043 | |
IPSOS | 78,834 | 4,041 | |
Eurazeo SA | 54,401 | 3,886 | |
Electricite de France SA (XPAR) | 308,062 | 3,741 | |
SEB SA Loyalty Shares | 44,083 | 3,711 | |
Sodexo SA (XPAR) | 45,149 | 3,669 | |
*,2 | Air France-KLM | 2,615,903 | 3,607 |
1 | Verallia SA | 137,766 | 3,526 |
ICADE | 65,605 | 3,285 | |
Technip Energies NV | 269,746 | 3,186 | |
Virbac SA | 8,471 | 3,129 | |
Eutelsat Communications SA | 372,165 | 2,832 | |
Societe BIC SA | 50,088 | 2,830 | |
* | Vallourec SA | 301,968 | 2,798 |
Imerys SA | 76,695 | 2,599 | |
* | Orpea SA | 100,755 | 2,509 |
1 | Neoen SA (XPAR) | 55,180 | 2,427 |
* | Atos SE | 191,437 | 2,360 |
* | JCDecaux SA | 142,597 | 2,300 |
Albioma SA Loyalty Shares | 42,934 | 2,190 | |
Eurazeo SE | 30,424 | 2,173 | |
Coface SA | 205,411 | 2,151 | |
Nexity SA | 86,555 | 2,127 | |
Cie Plastic Omnium SA | 111,810 | 2,091 | |
Rothschild & Co. | 54,994 | 2,025 | |
Eramet SA | 19,111 | 2,023 | |
Somfy SA | 15,013 | 1,898 | |
Carmila SA | 119,676 | 1,894 | |
Korian SA | 127,717 | 1,890 | |
1 | ALD SA | 156,120 | 1,849 |
*,2 | Valneva SE | 174,470 | 1,735 |
Interparfums SA | 33,746 | 1,693 | |
Metropole Television SA | 126,142 | 1,662 | |
* | Euroapi SA | 95,081 | 1,604 |
Sodexo SA | 19,189 | 1,559 | |
Engie SA | 126,028 | 1,559 |
Shares | Market Value ($000) | ||
Trigano SA | 15,463 | 1,513 | |
Lagardere SA | 80,291 | 1,506 | |
* | ID Logistics Group | 4,578 | 1,482 |
Television Francaise 1 | 204,055 | 1,406 | |
Quadient SA | 67,902 | 1,322 | |
Fnac Darty SA | 32,236 | 1,293 | |
* | CGG SA | 1,424,936 | 1,273 |
Derichebourg SA | 185,117 | 1,180 | |
Altarea SCA | 7,796 | 1,156 | |
* | Voltalia SA (Registered) | 54,394 | 1,153 |
SEB SA (XPAR) | 13,559 | 1,142 | |
PEUGEOT Investment | 10,951 | 1,111 | |
Mercialys SA | 123,637 | 1,096 | |
Mersen SA | 30,782 | 1,083 | |
1 | Maisons du Monde SA | 95,290 | 1,018 |
Vetoquinol SA | 8,022 | 1,007 | |
Cie de L'Odet SE | 838 | 1,004 | |
*,2 | Casino Guichard Perrachon SA | 79,987 | 943 |
Beneteau SA | 78,530 | 903 | |
* | SES-imagotag SA | 9,276 | 901 |
* | Faurecia SE | 48,026 | 872 |
Eurazeo SE (XPAR) | 12,115 | 865 | |
Vicat SA | 32,864 | 857 | |
*,1 | X-Fab Silicon Foundries SE | 114,995 | 768 |
*,2 | OVH Groupe SAS | 46,256 | 760 |
*,1 | Elior Group SA | 232,592 | 756 |
Pharmagest Interactive | 7,814 | 681 | |
Albioma SA (XPAR) | 13,316 | 679 | |
* | Solutions 30 SE | 176,487 | 601 |
Etablissements Maurel et Prom SA | 111,485 | 589 | |
Vilmorin & Cie SA | 12,768 | 528 | |
* | GL Events | 27,173 | 520 |
*,1 | SMCP SA | 92,980 | 506 |
Lisi | 21,296 | 502 | |
Manitou BF SA | 26,135 | 497 | |
Jacquet Metals SACA | 26,881 | 484 | |
Bonduelle SCA | 30,228 | 407 | |
AKWEL | 17,843 | 321 | |
* | Believe SA | 31,104 | 288 |
Boiron SA | 5,440 | 254 | |
Lisi (XPAR) | 10,408 | 245 | |
Guerbet | 11,712 | 242 | |
Seb SA | 2,385 | 201 | |
Tarkett SA | 14,019 | 188 | |
*,1 | Aramis Group SAS | 36,824 | 151 |
Lisi SA Prime De Fidelite | 3,538 | 83 | |
3,295,322 | |||
Germany (11.7%) | |||
SAP SE | 2,224,604 | 207,495 | |
Siemens AG (Registered) | 1,514,244 | 168,905 | |
Allianz SE (Registered) | 816,747 | 148,326 | |
Deutsche Telekom AG (Registered) | 6,791,046 | 129,023 | |
Bayer AG (Registered) | 1,972,576 | 115,061 | |
Mercedes-Benz Group AG | 1,686,522 | 99,461 | |
BASF SE | 1,836,327 | 81,836 | |
Deutsche Post AG (Registered) | 1,940,417 | 77,500 | |
Infineon Technologies AG | 2,612,935 | 71,658 | |
adidas AG | 377,469 | 65,299 |
Shares | Market Value ($000) | ||
Deutsche Boerse AG | 368,730 | 64,367 | |
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen (Registered) | 281,288 | 63,770 | |
Bayerische Motoren Werke AG | 644,250 | 52,644 | |
RWE AG | 1,264,545 | 52,021 | |
Vonovia SE | 1,559,556 | 51,964 | |
Volkswagen AG Preference Shares | 367,091 | 51,903 | |
Merck KGaA | 259,418 | 49,409 | |
E.ON SE | 4,444,037 | 39,948 | |
Deutsche Bank AG (Registered) | 4,063,300 | 35,542 | |
Symrise AG Class A | 261,357 | 30,497 | |
1 | Siemens Healthineers AG | 556,157 | 28,500 |
* | Daimler Truck Holding AG | 843,282 | 23,043 |
* | QIAGEN NV | 456,952 | 22,901 |
Henkel AG & Co. KGaA Preference Shares | 349,862 | 22,350 | |
Porsche Automobil Holding SE Preference Shares | 307,293 | 22,242 | |
Sartorius AG Preference Shares | 49,426 | 22,108 | |
Brenntag SE | 310,643 | 21,821 | |
Fresenius SE & Co. KGaA | 818,538 | 20,946 | |
MTU Aero Engines AG | 107,116 | 20,707 | |
Beiersdorf AG | 200,103 | 20,636 | |
*,1 | Delivery Hero SE | 355,159 | 17,135 |
Hannover Rueck SE | 120,543 | 17,099 | |
Rheinmetall AG | 86,967 | 15,948 | |
Continental AG | 216,641 | 15,434 | |
Fresenius Medical Care AG & Co. KGaA | 407,567 | 15,110 | |
Siemens Energy AG | 879,613 | 14,617 | |
HeidelbergCement AG | 282,252 | 14,377 | |
* | Commerzbank AG | 2,087,878 | 14,304 |
Puma SE | 200,031 | 13,507 | |
LEG Immobilien SE (XETR) | 146,209 | 13,282 | |
Henkel AG & Co. KGaA | 203,752 | 12,848 | |
Volkswagen AG | 64,281 | 12,732 | |
*,1 | Zalando SE | 443,276 | 12,480 |
GEA Group AG | 332,432 | 12,409 | |
1 | Covestro AG | 361,371 | 12,187 |
Carl Zeiss Meditec AG (Bearer) | 73,495 | 10,726 | |
1 | Scout24 SE | 158,949 | 9,087 |
* | HelloFresh SE | 327,825 | 9,061 |
Bayerische Motoren Werke AG Preference Shares | 119,263 | 9,055 | |
* | Evotec SE | 314,660 | 8,175 |
Evonik Industries AG | 383,002 | 8,169 | |
K+S AG (Registered) | 384,424 | 8,106 | |
Knorr-Bremse AG | 132,475 | 7,892 | |
Bechtle AG | 163,316 | 7,554 | |
*,2 | Deutsche Lufthansa AG (Registered) | 1,195,036 | 7,356 |
Aroundtown SA | 2,277,398 | 7,304 | |
Nemetschek SE | 108,347 | 7,253 | |
KION Group AG | 156,209 | 7,125 | |
HUGO BOSS AG | 113,966 | 6,735 | |
Rational AG | 9,583 | 6,680 | |
* | CTS Eventim AG & Co. KGaA | 118,354 | 6,519 |
LANXESS AG | 173,992 | 6,399 | |
* | thyssenkrupp AG | 988,780 | 6,107 |
United Internet AG (Registered) | 214,909 | 5,661 | |
Freenet AG | 238,912 | 5,626 | |
Vantage Towers AG | 187,944 | 5,578 | |
AIXTRON SE | 210,485 | 5,442 |
Shares | Market Value ($000) | ||
Aurubis AG | 70,220 | 5,070 | |
Telefonica Deutschland Holding AG | 1,809,021 | 4,810 | |
Encavis AG | 217,921 | 4,769 | |
Wacker Chemie AG | 30,295 | 4,561 | |
FUCHS PETROLUB SE Preference Shares | 139,287 | 4,173 | |
Sixt SE | 33,429 | 4,081 | |
Talanx AG | 106,011 | 3,870 | |
1 | Befesa SA | 80,552 | 3,731 |
Gerresheimer AG | 62,044 | 3,727 | |
* | Aareal Bank AG | 113,451 | 3,690 |
Siltronic AG | 42,291 | 3,434 | |
TAG Immobilien AG | 303,120 | 3,357 | |
*,1 | TeamViewer AG | 317,645 | 3,307 |
* | Fraport AG Frankfurt Airport Services Worldwide | 70,081 | 3,205 |
Hella GmbH & Co. KGaA | 45,158 | 3,167 | |
RTL Group SA | 78,619 | 3,088 | |
Synlab AG | 158,479 | 3,001 | |
ProSiebenSat.1 Media SE | 334,553 | 2,861 | |
Hensoldt AG | 105,743 | 2,711 | |
Stabilus SA | 47,839 | 2,696 | |
Grand City Properties SA | 192,559 | 2,626 | |
Software AG | 96,724 | 2,613 | |
Krones AG | 29,637 | 2,582 | |
Jungheinrich AG Preference Shares | 94,474 | 2,572 | |
CANCOM SE | 71,750 | 2,453 | |
VERBIO Vereinigte BioEnergie AG | 39,213 | 2,434 | |
Deutsche Wohnen SE | 97,768 | 2,417 | |
Jenoptik AG | 99,447 | 2,409 | |
*,2 | Nordex SE | 246,679 | 2,397 |
Duerr AG | 95,531 | 2,375 | |
* | Vitesco Technologies Group AG Class A | 42,041 | 2,287 |
2 | Varta AG | 27,654 | 2,251 |
1 | Deutsche Pfandbriefbank AG | 242,898 | 2,245 |
* | METRO AG | 267,643 | 2,175 |
Suedzucker AG | 153,130 | 2,160 | |
Stroeer SE & Co. KGaA | 48,768 | 2,133 | |
Pfeiffer Vacuum Technology AG | 12,814 | 2,026 | |
Fielmann AG | 49,848 | 2,015 | |
CompuGroup Medical SE & Co. KGaA | 46,478 | 2,015 | |
HOCHTIEF AG | 37,361 | 2,005 | |
1 | DWS Group GmbH & Co. KGaA | 68,156 | 1,989 |
Salzgitter AG | 76,537 | 1,949 | |
Dermapharm Holding SE | 33,287 | 1,875 | |
* | Nagarro SE | 15,911 | 1,866 |
Sartorius AG | 4,552 | 1,857 | |
Bilfinger SE | 56,936 | 1,720 | |
* | flatexDEGIRO AG | 165,449 | 1,683 |
FUCHS PETROLUB SE | 65,711 | 1,679 | |
* | Hypoport SE | 7,860 | 1,634 |
*,1 | Auto1 Group SE | 187,754 | 1,619 |
GFT Technologies SE | 34,448 | 1,557 | |
1&1 AG | 89,358 | 1,548 | |
Sixt SE Preference Shares | 21,587 | 1,523 | |
Traton SE | 97,397 | 1,516 | |
* | MorphoSys AG | 65,351 | 1,453 |
* | SUSE SA | 79,808 | 1,433 |
Kloeckner & Co. SE Preference Shares | 144,221 | 1,413 | |
2 | S&T AG | 94,296 | 1,405 |
Shares | Market Value ($000) | ||
GRENKE AG | 52,254 | 1,372 | |
Adesso SE | 7,602 | 1,317 | |
Atoss Software AG | 8,291 | 1,308 | |
STRATEC SE | 14,011 | 1,292 | |
Hornbach Holding AG & Co. KGaA | 16,393 | 1,287 | |
Eckert & Ziegler Strahlen- und Medizintechnik AG | 28,440 | 1,261 | |
DIC Asset AG | 107,787 | 1,226 | |
KWS Saat SE & Co. KGaA | 19,928 | 1,218 | |
Uniper SE | 179,456 | 1,199 | |
Draegerwerk AG & Co. KGaA Preference Shares | 22,265 | 1,168 | |
Norma Group SE | 62,012 | 1,157 | |
BayWa AG | 26,839 | 1,155 | |
PATRIZIA AG | 89,043 | 1,149 | |
Indus Holding AG | 43,865 | 1,052 | |
1 | Instone Real Estate Group SE | 95,391 | 1,045 |
Deutz AG | 243,742 | 1,018 | |
* | SMA Solar Technology AG | 18,323 | 1,000 |
Wacker Neuson SE | 51,693 | 995 | |
Zeal Network SE | 31,006 | 993 | |
Deutsche EuroShop AG (XETR) | 45,290 | 992 | |
Basler AG | 25,611 | 976 | |
2 | Schaeffler AG Preference Shares | 161,597 | 952 |
Washtec AG | 22,424 | 941 | |
Deutsche Beteiligungs AG | 31,453 | 908 | |
Takkt AG | 63,846 | 871 | |
Secunet Security Networks AG | 2,891 | 836 | |
New Work SE | 6,101 | 817 | |
* | SGL Carbon SE | 105,553 | 799 |
Hamburger Hafen und Logistik AG | 55,042 | 767 | |
CECONOMY AG | 353,825 | 714 | |
Vossloh AG | 19,328 | 690 | |
*,1,2 | ADLER Group SA | 189,547 | 672 |
*,2 | About You Holding SE | 71,362 | 644 |
Wuestenrot & Wuerttembergische AG | 36,518 | 627 | |
CropEnergies AG | 41,817 | 616 | |
ElringKlinger AG | 62,013 | 496 | |
* | Koenig & Bauer AG | 29,389 | 446 |
Bertrandt AG | 10,770 | 402 | |
* | Global Fashion Group SA | 225,331 | 334 |
* | Aareal Bank AG (XETR) | 10,235 | 305 |
2,443,197 | |||
Ireland (0.3%) | |||
Kerry Group plc Class A | 309,280 | 32,645 | |
Kingspan Group plc | 303,184 | 19,624 | |
Bank of Ireland Group plc | 1,830,649 | 10,485 | |
Glanbia plc (XDUB) | 364,581 | 4,296 | |
AIB Group plc | 1,850,795 | 4,210 | |
* | Dalata Hotel Group plc | 432,754 | 1,595 |
*,2,3 | Irish Bank Resolution Corp. | 2,503,596 | — |
72,855 | |||
Italy (3.7%) | |||
Enel SpA | 15,585,224 | 78,569 | |
Eni SpA | 4,950,083 | 59,503 | |
Intesa Sanpaolo SpA | 33,299,451 | 59,133 | |
Ferrari NV | 241,348 | 51,253 | |
UniCredit SpA | 4,173,097 | 41,271 | |
Assicurazioni Generali SpA | 2,612,704 | 39,059 |
Shares | Market Value ($000) | ||
Stellantis NV | 2,378,132 | 34,151 | |
CNH Industrial NV | 2,045,701 | 26,354 | |
Stellantis NV (XNYS) | 1,684,979 | 24,202 | |
Atlantia SpA | 1,013,586 | 23,425 | |
Snam SpA (MTAA) | 4,493,542 | 22,547 | |
Moncler SpA | 432,508 | 21,681 | |
Terna - Rete Elettrica Nazionale | 2,825,247 | 21,630 | |
Prysmian SpA | 528,415 | 16,802 | |
FinecoBank Banca Fineco SpA | 1,220,250 | 15,165 | |
EXOR NV | 206,017 | 14,490 | |
*,1 | Nexi SpA | 1,520,520 | 13,809 |
Tenaris SA | 937,575 | 13,120 | |
Mediobanca Banca di Credito Finanziario SpA | 1,337,915 | 11,475 | |
Davide Campari-Milano NV | 1,000,552 | 11,108 | |
Recordati Industria Chimica e Farmaceutica SpA | 196,219 | 8,702 | |
Amplifon SpA | 258,244 | 8,540 | |
1 | Poste Italiane SpA | 918,845 | 7,719 |
Leonardo SpA | 798,497 | 7,479 | |
1 | Infrastrutture Wireless Italiane SpA | 704,369 | 7,402 |
Banco BPM SpA | 2,749,671 | 7,122 | |
Interpump Group SpA | 159,551 | 6,819 | |
DiaSorin SpA | 45,062 | 6,266 | |
* | Telecom Italia SpA | 27,378,774 | 6,074 |
Reply SpA | 45,586 | 6,001 | |
Italgas SpA | 983,138 | 5,624 | |
Hera SpA | 1,583,927 | 4,551 | |
1 | Pirelli & C SpA | 987,102 | 4,274 |
ERG SpA | 130,021 | 4,241 | |
Unipol Gruppo SpA | 967,875 | 4,060 | |
A2A SpA | 3,038,603 | 3,916 | |
Brunello Cucinelli SpA | 65,574 | 3,811 | |
Azimut Holding SpA | 215,423 | 3,768 | |
Banca Generali SpA | 110,156 | 3,205 | |
Banca Mediolanum SpA | 481,073 | 3,186 | |
Buzzi Unicem SpA | 171,600 | 3,137 | |
Brembo SpA | 293,460 | 3,100 | |
BPER Banca | 2,096,658 | 2,910 | |
Banca Popolare di Sondrio SpA | 803,904 | 2,668 | |
1 | BFF Bank SpA | 374,432 | 2,631 |
De' Longhi SpA | 136,871 | 2,603 | |
* | Autogrill SpA | 385,424 | 2,515 |
Iren SpA | 1,319,427 | 2,486 | |
* | Iveco Group NV | 401,910 | 2,461 |
Salvatore Ferragamo SpA | 136,988 | 2,430 | |
*,1 | Enav SpA | 506,015 | 2,212 |
Sesa SpA | 14,064 | 1,996 | |
1 | Carel Industries SpA | 86,670 | 1,975 |
1 | Technogym SpA | 271,312 | 1,911 |
UnipolSai Assicurazioni SpA | 831,263 | 1,882 | |
*,2 | Saipem SpA | 2,200,546 | 1,831 |
Tamburi Investment Partners SpA | 210,357 | 1,748 | |
1 | Anima Holding SpA | 464,472 | 1,631 |
El.En. SpA | 100,514 | 1,509 | |
1 | GVS SpA | 138,570 | 1,346 |
* | Saras SpA | 1,055,829 | 1,339 |
SOL SpA | 69,820 | 1,295 | |
ACEA SpA | 84,528 | 1,221 | |
* | Telecom Italia SpA Savings Shares | 5,835,476 | 1,221 |
Shares | Market Value ($000) | ||
* | Intercos SpA | 80,403 | 1,091 |
Sanlorenzo SpA | 29,097 | 1,013 | |
MARR SpA | 71,907 | 995 | |
Gruppo MutuiOnline SpA | 36,884 | 988 | |
1 | RAI Way SpA | 196,915 | 980 |
2 | Webuild SpA (MTAA) | 630,180 | 973 |
Danieli & C Officine Meccaniche SpA Savings Shares | 68,305 | 969 | |
Tinexta SpA | 37,733 | 940 | |
Credito Emiliano SpA | 160,534 | 909 | |
2 | Maire Tecnimont SpA | 323,657 | 899 |
Piaggio & C SpA | 339,657 | 895 | |
Zignago Vetro SpA | 63,629 | 807 | |
Italmobiliare SpA | 26,693 | 744 | |
1 | doValue SpA | 119,489 | 730 |
* | CIR SpA-Compagnie Industriali | 1,524,625 | 646 |
* | Tod's SpA | 17,841 | 634 |
Cementir Holding NV | 97,369 | 633 | |
Banca IFIS SpA | 46,834 | 630 | |
2 | Danieli & C Officine Meccaniche SpA | 29,412 | 605 |
* | MFE-MediaForEurope NV Class A | 1,333,685 | 600 |
Societa Cattolica Di Assicurazione SpA | 83,511 | 575 | |
*,2 | Fincantieri SpA | 1,014,173 | 533 |
Immobiliare Grande Distribuzione SIIQ SpA | 138,980 | 517 | |
Arnoldo Mondadori Editore SpA | 284,595 | 494 | |
Biesse SpA | 29,449 | 420 | |
* | MFE-MediaForEurope NV Class B | 606,315 | 390 |
* | Juventus Football Club SpA | 1,043,925 | 385 |
Datalogic SpA | 41,386 | 323 | |
*,2 | Banca Monte dei Paschi di Siena SpA | 561,822 | 238 |
Rizzoli Corriere Della Sera Mediagroup SpA | 308,248 | 228 | |
2 | Webuild SpA | 61,413 | 23 |
782,372 | |||
Netherlands (6.5%) | |||
ASML Holding NV | 767,570 | 441,167 | |
Prosus NV | 1,751,839 | 114,281 | |
*,1 | Adyen NV | 58,985 | 106,101 |
ING Groep NV | 7,587,439 | 73,703 | |
Wolters Kluwer NV | 518,634 | 56,325 | |
Koninklijke Ahold Delhaize NV | 2,031,835 | 55,954 | |
Koninklijke DSM NV | 348,609 | 55,829 | |
Heineken NV | 477,532 | 47,078 | |
Koninklijke Philips NV | 1,745,490 | 36,125 | |
Universal Music Group NV | 1,498,206 | 33,914 | |
ASM International NV | 95,871 | 29,449 | |
NN Group NV | 597,378 | 28,030 | |
ArcelorMittal SA | 1,095,750 | 27,036 | |
Akzo Nobel NV | 354,831 | 23,880 | |
Koninklijke KPN NV | 6,413,106 | 21,157 | |
IMCD NV | 114,497 | 18,337 | |
Heineken Holding NV | 211,998 | 16,752 | |
Aegon NV | 3,556,589 | 15,621 | |
* | Unibail-Rodamco-Westfield | 205,540 | 11,672 |
ASR Nederland NV | 268,880 | 11,238 | |
Randstad NV | 220,448 | 11,142 | |
1 | ABN AMRO Bank NV GDR | 829,633 | 8,460 |
Aalberts NV | 192,541 | 8,251 | |
1 | Signify NV | 250,838 | 8,147 |
BE Semiconductor Industries NV | 151,348 | 8,125 |
Shares | Market Value ($000) | ||
*,1 | Just Eat Takeaway.com NV | 366,450 | 6,717 |
OCI NV | 193,056 | 6,702 | |
Arcadis NV | 143,974 | 5,324 | |
Boskalis Westminster | 159,876 | 5,246 | |
* | Galapagos NV | 96,460 | 4,894 |
JDE Peet's NV | 167,920 | 4,870 | |
SBM Offshore NV | 307,881 | 4,297 | |
*,1 | Basic-Fit NV | 102,855 | 4,172 |
Corbion NV | 116,423 | 4,057 | |
*,1 | Intertrust NV | 177,335 | 3,502 |
TKH Group NV GDR | 81,044 | 3,327 | |
Koninklijke Vopak NV | 131,030 | 3,041 | |
APERAM SA | 92,736 | 3,024 | |
* | InPost SA | 416,491 | 2,750 |
*,1 | Alfen Beheer BV | 22,101 | 2,580 |
* | Fugro NV | 208,145 | 2,477 |
Eurocommercial Properties NV | 101,165 | 2,291 | |
2 | PostNL NV | 753,998 | 1,983 |
AMG Advanced Metallurgical Group NV | 62,797 | 1,763 | |
1 | CTP NV | 132,167 | 1,700 |
*,1,2 | Shop Apotheke Europe NV | 14,954 | 1,452 |
* | Sligro Food Group NV | 66,634 | 1,320 |
* | TomTom NV | 142,827 | 1,291 |
* | Koninklijke BAM Groep NV | 509,059 | 1,241 |
Wereldhave NV | 78,078 | 1,183 | |
NSI NV | 35,604 | 1,155 | |
1 | Flow Traders | 51,487 | 1,119 |
Majorel Group Luxembourg SA | 41,035 | 962 | |
Vastned Retail NV | 33,797 | 819 | |
* | Ebusco Holding NV | 20,958 | 504 |
Brunel International NV | 44,248 | 501 | |
1 | B&S Group Sarl | 53,379 | 279 |
ForFarmers NV | 64,434 | 199 | |
1,354,516 | |||
Norway (1.7%) | |||
Equinor ASA | 1,926,369 | 74,173 | |
DNB Bank ASA | 2,053,696 | 40,511 | |
Mowi ASA | 886,493 | 20,456 | |
Norsk Hydro ASA | 2,684,583 | 18,189 | |
Telenor ASA | 1,269,756 | 15,420 | |
Yara International ASA | 326,262 | 13,904 | |
Orkla ASA | 1,520,422 | 13,125 | |
Aker BP ASA | 367,326 | 12,690 | |
TOMRA Systems ASA | 469,415 | 10,989 | |
Aker BP ASA (XOSL) | 251,629 | 8,743 | |
Storebrand ASA | 946,764 | 7,963 | |
Salmar ASA | 107,831 | 7,724 | |
Gjensidige Forsikring ASA | 343,997 | 7,195 | |
Bakkafrost P/F | 102,141 | 7,121 | |
* | Nordic Semiconductor ASA | 313,065 | 5,502 |
Kongsberg Gruppen ASA | 148,989 | 5,490 | |
* | NEL ASA | 2,956,673 | 5,101 |
Subsea 7 SA | 464,254 | 4,184 | |
SpareBank 1 SR-Bank ASA | 351,731 | 4,159 | |
Leroy Seafood Group ASA | 522,276 | 4,103 | |
* | Adevinta ASA | 539,108 | 4,100 |
Aker ASA Class A | 48,521 | 3,768 | |
Schibsted ASA Class B | 197,379 | 3,551 |
Shares | Market Value ($000) | ||
Borregaard ASA | 197,404 | 3,543 | |
TGS ASA | 230,814 | 3,426 | |
SpareBank 1 SMN | 263,340 | 3,377 | |
Schibsted ASA Class A | 148,292 | 2,787 | |
1 | Scatec ASA | 232,897 | 2,781 |
*,1 | Crayon Group Holding ASA | 160,477 | 2,573 |
* | Frontline Ltd. | 251,145 | 2,392 |
*,1 | AutoStore Holdings Ltd. | 1,184,836 | 2,206 |
Veidekke ASA | 212,466 | 2,197 | |
Austevoll Seafood ASA | 176,912 | 2,179 | |
1 | Elkem ASA | 518,582 | 2,125 |
Atea ASA | 163,139 | 1,992 | |
Grieg Seafood ASA | 113,650 | 1,745 | |
MPC Container Ships ASA | 675,212 | 1,647 | |
Bonheur ASA | 40,809 | 1,634 | |
DNO ASA | 1,088,054 | 1,565 | |
* | Kahoot! ASA | 637,795 | 1,529 |
* | Aker Carbon Capture ASA | 675,438 | 1,522 |
1 | Entra ASA | 107,567 | 1,515 |
Wallenius Wilhelmsen ASA | 209,960 | 1,407 | |
1 | BW LPG Ltd. | 167,185 | 1,375 |
Stolt-Nielsen Ltd. | 48,952 | 1,043 | |
* | Hexagon Composites ASA | 240,325 | 807 |
* | Norway Royal Salmon ASA | 30,443 | 784 |
Sparebank 1 Oestlandet | 62,717 | 775 | |
Arendals Fossekompani A/S | 23,806 | 764 | |
BW Offshore Ltd. | 189,222 | 533 | |
* | Aker Horizons Holding ASA | 268,016 | 498 |
* | BW Energy Ltd. | 148,648 | 423 |
* | Borr Drilling Ltd. | 1,518 | 5 |
349,310 | |||
Poland (0.4%) | |||
Polski Koncern Naftowy ORLEN SA | 620,888 | 10,142 | |
* | Powszechna Kasa Oszczednosci Bank Polski SA | 1,711,097 | 9,684 |
*,1 | Dino Polska SA | 95,623 | 7,477 |
Powszechny Zaklad Ubezpieczen SA | 1,123,424 | 7,359 | |
KGHM Polska Miedz SA | 273,531 | 6,857 | |
* | Polskie Gornictwo Naftowe i Gazownictwo SA | 3,422,787 | 5,115 |
Bank Polska Kasa Opieki SA | 312,514 | 4,950 | |
LPP SA | 2,174 | 4,658 | |
*,1 | Allegro.eu SA | 774,137 | 4,210 |
3 | Grupa Lotos SA | 193,278 | 3,305 |
* | PGE Polska Grupa Energetyczna SA | 1,446,723 | 3,235 |
Santander Bank Polska SA | 58,566 | 2,974 | |
CD Projekt SA | 131,242 | 2,581 | |
Cyfrowy Polsat SA | 544,474 | 2,347 | |
KRUK SA | 36,080 | 2,066 | |
Asseco Poland SA | 110,777 | 1,726 | |
Orange Polska SA | 1,274,046 | 1,653 | |
*,1 | Pepco Group NV | 215,322 | 1,577 |
* | Tauron Polska Energia SA | 1,863,289 | 1,315 |
* | mBank SA | 25,087 | 1,200 |
* | Jastrzebska Spolka Weglowa SA | 105,702 | 1,152 |
* | Alior Bank SA | 187,789 | 1,017 |
* | Bank Millennium SA | 1,264,959 | 1,010 |
* | Grupa Azoty SA | 99,806 | 929 |
* | Enea SA | 453,781 | 927 |
Bank Handlowy w Warszawie SA | 69,801 | 886 |
Shares | Market Value ($000) | ||
*,2 | CCC SA | 82,693 | 779 |
* | AmRest Holdings SE | 152,914 | 618 |
Kernel Holding SA | 95,996 | 539 | |
Ciech SA | 57,445 | 492 | |
Warsaw Stock Exchange | 56,564 | 431 | |
93,211 | |||
Portugal (0.4%) | |||
EDP - Energias de Portugal SA | 5,672,308 | 28,696 | |
Jeronimo Martins SGPS SA | 551,856 | 12,774 | |
EDP Renovaveis SA | 481,717 | 12,529 | |
Galp Energia SGPS SA | 1,029,597 | 10,868 | |
Banco Comercial Portugues SA Class R | 15,876,429 | 2,356 | |
REN - Redes Energeticas Nacionais SGPS SA | 774,626 | 2,190 | |
Navigator Co. SA | 500,292 | 2,065 | |
Sonae SGPS SA | 1,748,520 | 1,989 | |
NOS SGPS SA | 392,960 | 1,484 | |
CTT-Correios de Portugal SA | 317,789 | 1,087 | |
Altri SGPS SA | 154,537 | 912 | |
* | Greenvolt-Energias Renovaveis SA | 88,718 | 801 |
Corticeira Amorim SGPS SA | 71,602 | 762 | |
Semapa-Sociedade de Investimento e Gestao | 32,662 | 478 | |
78,991 | |||
Spain (3.6%) | |||
Iberdrola SA (XMAD) | 11,917,110 | 127,257 | |
Banco Santander SA | 33,737,358 | 84,407 | |
Banco Bilbao Vizcaya Argentaria SA | 13,121,128 | 59,461 | |
1 | Cellnex Telecom SA | 1,217,501 | 54,458 |
Industria de Diseno Textil SA | 2,106,713 | 51,166 | |
* | Amadeus IT Group SA | 853,280 | 49,755 |
Telefonica SA | 10,334,591 | 46,130 | |
Repsol SA | 2,577,081 | 32,106 | |
CaixaBank SA | 8,841,384 | 26,548 | |
Ferrovial SA | 962,043 | 25,762 | |
*,1 | Aena SME SA | 141,261 | 17,868 |
Red Electrica Corp. SA | 865,795 | 17,022 | |
Endesa SA | 635,466 | 11,648 | |
ACS Actividades de Construccion y Servicios SA | 453,378 | 10,898 | |
Grifols SA | 680,348 | 9,927 | |
Enagas SA | 498,705 | 9,844 | |
Acciona SA | 46,074 | 9,481 | |
Naturgy Energy Group SA | 288,366 | 8,458 | |
* | Siemens Gamesa Renewable Energy SA | 448,721 | 8,256 |
Banco de Sabadell SA | 11,268,957 | 7,215 | |
Merlin Properties Socimi SA | 669,632 | 7,182 | |
Bankinter SA | 1,364,494 | 6,718 | |
Corp. ACCIONA Energias Renovables SA | 114,975 | 5,039 | |
Viscofan SA | 78,480 | 4,571 | |
Inmobiliaria Colonial Socimi SA | 673,265 | 4,461 | |
Grifols SA Preference Shares | 480,446 | 4,329 | |
Fluidra SA | 224,507 | 4,196 | |
Acerinox SA | 422,580 | 4,123 | |
Iberdrola SA | 332,483 | 3,544 | |
Mapfre SA | 1,951,972 | 3,153 | |
Grupo Catalana Occidente SA | 101,818 | 3,036 | |
* | Solaria Energia y Medio Ambiente SA | 120,174 | 2,771 |
CIE Automotive SA | 100,633 | 2,647 | |
Faes Farma SA | 597,993 | 2,550 |
Shares | Market Value ($000) | ||
Cia de Distribucion Integral Logista Holdings SA | 123,099 | 2,537 | |
Ebro Foods SA | 150,092 | 2,498 | |
Laboratorios Farmaceuticos Rovi SA | 43,320 | 2,268 | |
Indra Sistemas SA | 240,490 | 2,200 | |
1 | Unicaja Banco SA | 2,419,622 | 2,093 |
Applus Services SA | 279,900 | 2,037 | |
Sacyr SA (XMAD) | 785,274 | 1,796 | |
Pharma Mar SA | 26,343 | 1,623 | |
Corp. Financiera Alba SA | 29,458 | 1,554 | |
Linea Directa Aseguradora SA Cia de Seguros y Reaseguros | 1,333,819 | 1,480 | |
Almirall SA | 145,125 | 1,401 | |
* | Melia Hotels International SA | 206,719 | 1,304 |
1 | Gestamp Automocion SA | 327,685 | 1,261 |
Construcciones y Auxiliar de Ferrocarriles SA | 37,629 | 1,114 | |
1 | Global Dominion Access SA | 238,585 | 959 |
Prosegur Cia de Seguridad SA | 514,147 | 917 | |
Ence Energia y Celulosa SA | 269,323 | 892 | |
Fomento de Construcciones y Contratas SA | 87,991 | 872 | |
1 | Neinor Homes SA | 80,658 | 868 |
1 | Aedas Homes SA | 37,947 | 650 |
Lar Espana Real Estate Socimi SA | 127,382 | 623 | |
1 | Prosegur Cash SA | 821,172 | 598 |
* | Mediaset Espana Comunicacion SA | 154,674 | 538 |
Atresmedia Corp. de Medios de Comunicacion SA | 167,833 | 516 | |
*,2 | Tecnicas Reunidas SA | 67,317 | 447 |
* | Distribuidora Internacional de Alimentacion SA | 30,342,728 | 408 |
* | NH Hotel Group SA (XMAD) | 51,716 | 182 |
759,623 | |||
Sweden (5.8%) | |||
Investor AB Class B | 3,913,660 | 73,036 | |
Atlas Copco AB Class A | 5,111,455 | 59,750 | |
Volvo AB Class B | 3,036,016 | 54,509 | |
Telefonaktiebolaget LM Ericsson Class B | 6,052,378 | 46,036 | |
Hexagon AB Class B | 3,759,287 | 44,264 | |
Assa Abloy AB Class B | 1,840,230 | 43,477 | |
Sandvik AB | 2,160,250 | 39,805 | |
Swedish Match AB | 3,052,872 | 31,959 | |
Essity AB Class B | 1,223,186 | 31,136 | |
1 | Evolution AB | 320,862 | 31,134 |
Atlas Copco AB Class B | 2,982,804 | 30,984 | |
Skandinaviska Enskilda Banken AB Class A | 2,849,677 | 30,872 | |
Swedbank AB Class A | 2,017,608 | 27,944 | |
Svenska Handelsbanken AB Class A | 2,981,483 | 26,809 | |
Nibe Industrier AB Class B | 2,405,721 | 24,236 | |
H & M Hennes & Mauritz AB Class B | 1,758,143 | 22,495 | |
Epiroc AB Class A | 1,263,882 | 22,348 | |
Telia Co. AB | 5,152,390 | 19,035 | |
Alfa Laval AB | 629,304 | 18,817 | |
Boliden AB | 549,486 | 18,363 | |
Svenska Cellulosa AB SCA Class B | 1,216,954 | 17,791 | |
Investor AB Class A | 830,647 | 17,078 | |
EQT AB | 569,397 | 15,455 | |
Indutrade AB | 563,107 | 13,235 | |
SKF AB Class B | 777,194 | 13,080 | |
Industrivarden AB Class A | 484,307 | 12,637 | |
Tele2 AB Class B | 1,105,543 | 12,629 | |
Skanska AB Class B | 718,467 | 12,257 | |
Trelleborg AB Class B | 486,468 | 11,953 |
Shares | Market Value ($000) | ||
Epiroc AB Class B | 743,477 | 11,809 | |
Getinge AB Class B | 446,981 | 10,087 | |
Sagax AB Class B | 345,841 | 8,913 | |
Lifco AB Class B | 453,357 | 8,825 | |
* | Kinnevik AB Class B | 479,869 | 8,643 |
Castellum AB | 515,558 | 8,265 | |
* | Volvo Car AB Class B | 1,092,616 | 8,135 |
Industrivarden AB Class C | 310,332 | 8,007 | |
Holmen AB Class B | 192,549 | 7,912 | |
* | Swedish Orphan Biovitrum AB | 353,252 | 7,758 |
Beijer Ref AB Class B | 486,816 | 7,722 | |
* | Fastighets AB Balder Class B | 1,205,507 | 7,701 |
Volvo AB Class A | 404,356 | 7,535 | |
Investment AB Latour Class B | 284,969 | 7,090 | |
L E Lundbergforetagen AB Class B | 146,897 | 6,972 | |
Axfood AB | 216,670 | 6,879 | |
Husqvarna AB Class B | 849,515 | 6,770 | |
Saab AB Class B | 183,384 | 6,634 | |
AddTech AB Class B | 378,298 | 6,476 | |
Electrolux AB Class B | 446,210 | 6,436 | |
SSAB AB Class B | 1,393,028 | 6,391 | |
Securitas AB Class B | 619,420 | 6,264 | |
AAK AB | 351,340 | 6,141 | |
1 | Thule Group AB | 208,869 | 6,064 |
BillerudKorsnas AB | 420,378 | 5,422 | |
Hexpol AB | 501,400 | 5,230 | |
Elekta AB Class B | 724,009 | 5,229 | |
Fabege AB | 508,577 | 5,220 | |
* | Sectra AB Class B | 261,344 | 4,798 |
Hexatronic Group AB | 395,129 | 4,793 | |
Avanza Bank Holding AB | 247,257 | 4,771 | |
Nordnet AB publ | 342,338 | 4,598 | |
Wihlborgs Fastigheter AB | 537,279 | 4,581 | |
* | Nordic Entertainment Group AB Class B | 152,834 | 4,538 |
Sweco AB Class B | 403,990 | 4,506 | |
1 | Dometic Group AB | 647,012 | 4,388 |
Vitrolife AB | 131,282 | 4,283 | |
Loomis AB Class B | 147,778 | 4,167 | |
1 | Bravida Holding AB | 399,178 | 4,043 |
Samhallsbyggnadsbolaget i Norden AB | 2,014,609 | 3,738 | |
AddLife AB Class B | 216,721 | 3,734 | |
Storskogen Group AB Class B | 2,793,729 | 3,716 | |
Nyfosa AB | 365,257 | 3,410 | |
Wallenstam AB Class B | 664,503 | 3,387 | |
Intrum AB | 152,688 | 3,261 | |
*,1 | Sinch AB | 1,192,539 | 3,024 |
AFRY AB | 190,226 | 2,905 | |
Hufvudstaden AB Class A | 208,638 | 2,880 | |
Bure Equity AB | 107,037 | 2,849 | |
Electrolux Professional AB Class B | 464,467 | 2,840 | |
Biotage AB | 128,800 | 2,833 | |
Catena AB | 61,349 | 2,811 | |
Peab AB Class B | 388,070 | 2,648 | |
HMS Networks AB | 54,725 | 2,609 | |
* | Pandox AB Class B | 173,517 | 2,545 |
JM AB | 135,821 | 2,521 | |
AddNode Group AB | 236,867 | 2,467 | |
* | Truecaller AB Class B | 312,274 | 2,449 |
Shares | Market Value ($000) | ||
Instalco AB | 489,399 | 2,423 | |
Arjo AB Class B | 439,332 | 2,413 | |
Lindab International AB | 134,218 | 2,349 | |
* | Stillfront Group AB | 895,058 | 2,345 |
Mips AB | 42,824 | 2,291 | |
Vitec Software Group AB Class B | 47,668 | 2,198 | |
Modern Times Group MTG AB Shares B | 212,023 | 2,195 | |
Nolato AB Class B | 362,587 | 2,182 | |
Mycronic AB | 141,150 | 2,076 | |
Bilia AB Class A | 144,472 | 2,041 | |
NCC AB Class B | 194,172 | 2,017 | |
SSAB AB Class A | 413,079 | 1,999 | |
Ratos AB Class B | 391,936 | 1,963 | |
Granges AB | 206,985 | 1,919 | |
Hemnet Group AB | 121,344 | 1,839 | |
Corem Property Group AB Class B | 1,357,845 | 1,826 | |
Medicover AB Class B | 118,827 | 1,791 | |
Beijer Alma AB | 86,956 | 1,746 | |
Bufab AB | 57,757 | 1,743 | |
Cibus Nordic Real Estate AB | 96,578 | 1,731 | |
Betsson AB Class B | 238,911 | 1,652 | |
* | Cint Group AB | 229,578 | 1,620 |
* | Sdiptech AB Class B | 58,036 | 1,618 |
1 | Munters Group AB | 215,479 | 1,607 |
Concentric AB | 72,909 | 1,562 | |
NP3 Fastigheter AB | 56,481 | 1,412 | |
Troax Group AB | 65,521 | 1,393 | |
Dios Fastigheter AB | 174,215 | 1,377 | |
Atrium Ljungberg AB Class B | 86,823 | 1,291 | |
SkiStar AB | 82,746 | 1,285 | |
*,1 | Scandic Hotels Group AB | 282,105 | 1,155 |
INVISIO AB | 68,475 | 1,118 | |
Mekonomen AB | 90,017 | 1,058 | |
Platzer Fastigheter Holding AB Class B | 117,365 | 1,006 | |
*,1,2 | Boozt AB | 133,938 | 944 |
Telefonaktiebolaget LM Ericsson Class A | 111,364 | 915 | |
Cloetta AB Class B | 444,842 | 890 | |
Clas Ohlson AB Class B | 77,401 | 878 | |
Systemair AB | 144,427 | 874 | |
* | Camurus AB | 38,188 | 868 |
* | Cary Group AB | 132,919 | 832 |
Fagerhult AB | 145,243 | 790 | |
Nobia AB | 260,946 | 758 | |
* | Hansa Biopharma AB | 92,879 | 746 |
Svenska Handelsbanken AB Class B | 68,836 | 715 | |
Bonava AB Class B | 186,312 | 698 | |
1 | Resurs Holding AB | 295,569 | 690 |
Investment AB Oresund | 62,823 | 689 | |
Corem Property Group AB Preference Shares | 23,316 | 650 | |
Volati AB | 45,819 | 648 | |
Sagax AB Class D | 222,835 | 645 | |
* | BHG Group AB | 178,441 | 610 |
Skandinaviska Enskilda Banken AB Class C | 46,679 | 577 | |
* | Collector AB | 165,924 | 577 |
* | Kinnevik AB Class A | 31,547 | 572 |
*,1 | Attendo AB | 227,971 | 555 |
* | VNV Global AB | 195,569 | 552 |
Samhallsbyggnadsbolaget i Norden AB Class D | 278,624 | 535 |
Shares | Market Value ($000) | ||
Lundin Energy AB | 386,260 | 477 | |
Svenska Cellulosa AB SCA Class A | 17,330 | 256 | |
*,2 | BICO Group AB Class B | 60,483 | 240 |
NCC AB Class A | 8,396 | 96 | |
Husqvarna AB Class A | 10,863 | 89 | |
1,212,354 | |||
Switzerland (15.1%) | |||
Nestle SA (Registered) | 5,540,390 | 678,849 | |
Roche Holding AG | 1,429,572 | 474,624 | |
Novartis AG (Registered) | 4,167,246 | 358,090 | |
Zurich Insurance Group AG | 297,683 | 129,947 | |
Cie Financiere Richemont SA Class A (Registered) | 1,024,942 | 123,585 | |
UBS Group AG (Registered) | 6,309,627 | 103,101 | |
ABB Ltd. (Registered) | 3,239,341 | 98,475 | |
Lonza Group AG (Registered) | 148,553 | 90,283 | |
Sika AG (Registered) | 306,777 | 75,801 | |
Alcon Inc. | 923,615 | 72,692 | |
Givaudan SA (Registered) | 18,510 | 64,703 | |
Holcim Ltd. | 1,093,422 | 51,269 | |
Partners Group Holding AG | 45,004 | 49,133 | |
Swiss Re AG | 579,113 | 43,455 | |
Sonova Holding AG (Registered) | 105,300 | 37,927 | |
Geberit AG (Registered) | 69,589 | 36,651 | |
Swiss Life Holding AG (Registered) | 62,301 | 33,003 | |
Credit Suisse Group AG (Registered) | 5,126,456 | 29,818 | |
Straumann Holding AG | 214,006 | 28,944 | |
SGS SA (Registered) | 11,832 | 28,876 | |
Swisscom AG (Registered) | 50,922 | 27,530 | |
Kuehne + Nagel International AG (Registered) | 100,596 | 27,093 | |
Chocoladefabriken Lindt & Spruengli AG (Registered) | 212 | 24,448 | |
Julius Baer Group Ltd. | 430,160 | 22,244 | |
Chocoladefabriken Lindt & Spruengli AG Ptg. Ctf. | 2,003 | 22,150 | |
SIG Combibloc Group AG | 673,398 | 17,568 | |
Vifor Pharma AG (XSWX) | 98,676 | 17,278 | |
Swatch Group AG (Bearer) | 63,483 | 16,900 | |
Logitech International SA (Registered) | 290,717 | 16,356 | |
Schindler Holding AG Ptg. Ctf. | 81,039 | 15,840 | |
Barry Callebaut AG (Registered) | 7,131 | 15,800 | |
Roche Holding AG (Bearer) | 36,987 | 15,078 | |
1 | VAT Group AG | 51,473 | 14,987 |
Baloise Holding AG (Registered) | 89,712 | 14,294 | |
Swiss Prime Site AG (Registered) | 152,577 | 13,894 | |
EMS-Chemie Holding AG (Registered) | 14,189 | 11,267 | |
Adecco Group AG (Registered) | 317,276 | 11,177 | |
PSP Swiss Property AG (Registered) | 86,166 | 10,305 | |
Georg Fischer AG | 165,079 | 10,089 | |
Temenos AG (Registered) | 120,935 | 9,599 | |
Tecan Group AG (Registered) | 25,171 | 8,939 | |
* | Clariant AG (Registered) | 454,352 | 8,513 |
Helvetia Holding AG (Registered) | 69,251 | 7,917 | |
Schindler Holding AG (Registered) | 41,038 | 7,793 | |
1 | Galenica AG | 96,444 | 7,636 |
Belimo Holding AG (Registered) | 18,505 | 7,597 | |
* | Flughafen Zurich AG (Registered) | 38,229 | 6,357 |
Siegfried Holding AG (Registered) | 8,136 | 6,021 | |
DKSH Holding AG | 72,303 | 5,943 | |
Banque Cantonale Vaudoise (Registered) | 57,371 | 5,342 | |
Bucher Industries AG (Registered) | 13,090 | 5,026 |
Shares | Market Value ($000) | ||
Allreal Holding AG (Registered) | 29,267 | 4,842 | |
* | Dufry AG (Registered) | 123,633 | 4,655 |
Cembra Money Bank AG | 58,159 | 4,228 | |
BKW AG | 36,216 | 4,120 | |
* | ams AG | 497,945 | 4,110 |
Bachem Holding AG Class B | 60,695 | 4,093 | |
Emmi AG (Registered) | 3,856 | 3,837 | |
SFS Group AG | 33,666 | 3,701 | |
Mobimo Holding AG (Registered) | 14,293 | 3,680 | |
Daetwyler Holding AG (Bearer) | 14,790 | 3,605 | |
Vontobel Holding AG (Registered) | 53,906 | 3,546 | |
Stadler Rail AG | 106,208 | 3,440 | |
Inficon Holding AG (Registered) | 3,838 | 3,203 | |
Landis+Gyr Group AG | 47,951 | 3,165 | |
Huber + Suhner AG (Registered) | 34,635 | 3,119 | |
* | Meyer Burger Technology AG | 5,223,328 | 3,106 |
Softwareone Holding AG | 217,972 | 2,967 | |
Interroll Holding AG (Registered) | 1,124 | 2,966 | |
Swatch Group AG (Registered) | 58,757 | 2,934 | |
dormakaba Holding AG | 6,127 | 2,919 | |
*,2 | Idorsia Ltd. | 235,847 | 2,884 |
OC Oerlikon Corp. AG (Registered) | 372,360 | 2,882 | |
Valiant Holding AG (Registered) | 30,920 | 2,785 | |
Burckhardt Compression Holding AG | 6,115 | 2,763 | |
Comet Holding AG (Registered) | 14,774 | 2,725 | |
St. Galler Kantonalbank AG (Registered) | 5,416 | 2,580 | |
*,1 | Sensirion Holding AG | 21,232 | 2,464 |
Forbo Holding AG (Registered) | 1,805 | 2,424 | |
Sulzer AG (Registered) | 33,694 | 2,259 | |
Kardex Holding AG (Registered) | 11,233 | 2,253 | |
* | Dottikon Es Holding AG (Registered) | 9,046 | 2,223 |
Swissquote Group Holding SA (Registered) | 18,116 | 2,202 | |
VZ Holding AG | 26,059 | 2,131 | |
Schweiter Technologies AG (Bearer) | 1,835 | 2,082 | |
* | Aryzta AG | 1,777,502 | 2,031 |
Valora Holding AG (Registered) | 7,384 | 2,018 | |
Komax Holding AG (Registered) | 7,117 | 1,931 | |
LEM Holding SA (Registered) | 971 | 1,929 | |
Bystronic AG | 2,477 | 1,833 | |
Intershop Holding AG | 2,284 | 1,536 | |
u-blox Holding AG | 12,951 | 1,516 | |
1 | PolyPeptide Group AG | 28,846 | 1,369 |
1 | Medacta Group SA | 12,888 | 1,276 |
SKAN Group AG | 22,544 | 1,276 | |
Bobst Group SA (Registered) | 15,447 | 1,274 | |
EFG International AG | 163,303 | 1,272 | |
Leonteq AG | 20,678 | 1,233 | |
Arbonia AG | 84,129 | 1,196 | |
2 | Vifor Pharma AG | 6,667 | 1,194 |
*,2 | Basilea Pharmaceutica AG (Registered) | 25,544 | 1,184 |
Zehnder Group AG | 18,113 | 1,170 | |
* | Zur Rose Group AG | 16,390 | 1,170 |
Bossard Holding AG (Registered) Class A | 5,242 | 1,168 | |
1 | Medmix AG | 50,076 | 1,135 |
Bell Food Group AG (Registered) | 4,158 | 1,113 | |
2 | COSMO Pharmaceuticals NV | 20,621 | 1,106 |
Vetropack Holding AG Class A (Registered) | 27,565 | 1,095 | |
Ypsomed Holding AG (Registered) | 7,673 | 1,089 |
Shares | Market Value ($000) | ||
ALSO Holding AG (Registered) | 5,310 | 984 | |
*,1 | Montana Aerospace AG | 47,417 | 945 |
*,1 | Medartis Holding AG | 8,635 | 769 |
* | Implenia AG (Registered) | 28,902 | 764 |
Autoneum Holding AG | 6,187 | 717 | |
Hiag Immobilien Holding AG | 7,602 | 684 | |
Rieter Holding AG (Registered) | 5,938 | 674 | |
Ascom Holding AG (Registered) | 71,680 | 559 | |
VP Bank AG Class A | 5,715 | 498 | |
* | Swiss Steel Holding AG | 1,640,023 | 462 |
APG SGA SA | 2,162 | 413 | |
* | Aryzta AG (XSWX) | 24,200 | 28 |
3,167,711 | |||
United Kingdom (25.8%) | |||
AstraZeneca plc | 3,109,312 | 409,003 | |
Shell plc (XLON) | 13,873,225 | 370,087 | |
HSBC Holdings plc | 40,378,897 | 252,932 | |
Diageo plc | 4,524,143 | 214,317 | |
BP plc | 38,355,380 | 187,721 | |
British American Tobacco plc | 4,540,137 | 177,899 | |
GSK plc | 8,018,083 | 168,462 | |
Glencore plc | 26,254,084 | 148,800 | |
Rio Tinto plc | 2,182,579 | 131,761 | |
Unilever plc | 2,568,823 | 125,156 | |
Unilever plc (XLON) | 2,522,617 | 122,859 | |
RELX plc | 3,719,072 | 110,120 | |
Reckitt Benckiser Group plc | 1,274,013 | 103,341 | |
National Grid plc | 7,310,726 | 100,666 | |
Anglo American plc | 2,421,130 | 87,511 | |
Compass Group plc | 3,576,957 | 83,831 | |
Vodafone Group plc | 56,696,049 | 83,551 | |
Lloyds Banking Group plc | 139,464,880 | 77,216 | |
London Stock Exchange Group plc | 734,504 | 71,682 | |
Prudential plc (XLON) | 5,515,503 | 68,030 | |
Experian plc | 1,845,146 | 64,603 | |
Barclays plc | 33,533,283 | 64,235 | |
BAE Systems plc | 6,327,642 | 59,472 | |
CRH plc (XDUB) | 1,534,042 | 58,847 | |
Ferguson plc | 432,949 | 54,464 | |
Ashtead Group plc | 885,507 | 49,845 | |
Tesco plc | 15,085,142 | 48,380 | |
SSE plc | 2,142,806 | 46,281 | |
Imperial Brands plc | 1,897,650 | 41,665 | |
Legal & General Group plc | 11,901,580 | 38,008 | |
* | Haleon plc | 10,022,608 | 35,616 |
* | Flutter Entertainment plc (XDUB) | 352,811 | 35,463 |
Standard Chartered plc | 4,897,652 | 33,758 | |
Natwest Group plc | 10,991,607 | 33,384 | |
Segro plc | 2,409,866 | 32,239 | |
Shell plc | 1,191,185 | 31,746 | |
3i Group plc | 1,911,327 | 29,698 | |
Aviva plc | 5,696,032 | 27,585 | |
BT Group plc | 13,945,511 | 27,533 | |
Bunzl plc | 676,409 | 25,386 | |
Rentokil Initial plc | 3,742,801 | 24,714 | |
Croda International plc | 270,189 | 24,709 | |
WPP plc | 2,139,787 | 23,093 | |
Smith & Nephew plc | 1,750,918 | 22,449 |
Shares | Market Value ($000) | ||
InterContinental Hotels Group plc | 369,144 | 21,881 | |
Spirax-Sarco Engineering plc | 147,529 | 21,526 | |
* | Informa plc | 2,944,171 | 21,412 |
Halma plc | 760,145 | 21,408 | |
Next plc | 252,010 | 20,980 | |
Smurfit Kappa Group plc | 522,773 | 19,006 | |
Mondi plc (XLON) | 971,860 | 18,443 | |
* | Rolls-Royce Holdings plc | 16,805,567 | 18,367 |
United Utilities Group plc | 1,368,517 | 18,183 | |
Severn Trent plc | 502,605 | 18,070 | |
Sage Group plc | 2,043,104 | 17,608 | |
Burberry Group plc | 789,292 | 17,351 | |
Intertek Group plc | 323,902 | 17,311 | |
* | Entain plc | 1,176,052 | 17,306 |
Melrose Industries plc | 8,691,849 | 17,110 | |
St. James's Place plc | 1,077,758 | 16,189 | |
* | Meggitt plc | 1,567,709 | 15,101 |
Persimmon plc | 637,505 | 14,705 | |
Smiths Group plc | 760,291 | 14,348 | |
1 | Auto Trader Group plc | 1,853,802 | 14,292 |
Associated British Foods plc | 697,777 | 14,252 | |
Pearson plc | 1,497,122 | 13,856 | |
M&G plc | 5,195,780 | 13,544 | |
Rightmove plc | 1,676,725 | 13,108 | |
Whitbread plc | 406,648 | 12,944 | |
DCC plc | 197,974 | 12,926 | |
Land Securities Group plc | 1,434,185 | 12,816 | |
Kingfisher plc | 4,048,213 | 12,808 | |
* | Centrica plc | 11,811,714 | 12,656 |
Barratt Developments plc | 2,035,876 | 12,483 | |
Electrocomponents plc | 944,889 | 11,929 | |
* | Ocado Group plc | 1,148,777 | 11,810 |
Phoenix Group Holdings plc | 1,475,055 | 11,621 | |
British Land Co. plc | 1,855,833 | 11,159 | |
Taylor Wimpey plc | 7,137,376 | 11,109 | |
* | Berkeley Group Holdings plc | 207,535 | 10,755 |
Weir Group plc | 519,870 | 10,631 | |
Admiral Group plc | 448,718 | 10,487 | |
Intermediate Capital Group plc | 558,883 | 10,418 | |
Coca-Cola HBC AG | 403,466 | 9,930 | |
Antofagasta plc | 695,054 | 9,890 | |
B&M European Value Retail SA | 1,856,445 | 9,612 | |
Dechra Pharmaceuticals plc | 210,940 | 9,493 | |
Johnson Matthey plc | 362,466 | 9,476 | |
J Sainsbury plc | 3,435,211 | 9,267 | |
Howden Joinery Group plc | 1,116,225 | 9,214 | |
DS Smith plc | 2,562,238 | 9,133 | |
UNITE Group plc | 639,453 | 9,117 | |
1 | ConvaTec Group plc | 3,240,784 | 9,037 |
Tritax Big Box REIT plc | 3,752,619 | 9,028 | |
Abrdn plc | 4,312,208 | 8,743 | |
Man Group plc | 2,619,366 | 8,714 | |
IMI plc | 519,424 | 8,482 | |
Spectris plc | 221,839 | 8,438 | |
Diploma plc | 243,621 | 8,181 | |
Schroders plc | 224,143 | 8,130 | |
HomeServe plc | 556,119 | 7,970 | |
Beazley plc | 1,198,042 | 7,935 |
Shares | Market Value ($000) | ||
Tate & Lyle plc | 805,247 | 7,888 | |
Hargreaves Lansdown plc | 757,759 | 7,845 | |
JD Sports Fashion plc | 4,934,013 | 7,837 | |
IG Group Holdings plc | 800,023 | 7,762 | |
Inchcape plc | 754,196 | 7,719 | |
Drax Group plc | 803,747 | 7,710 | |
Bellway plc | 248,677 | 7,431 | |
Hiscox Ltd. | 672,968 | 7,328 | |
Investec plc | 1,334,037 | 7,217 | |
Endeavour Mining plc | 368,224 | 7,186 | |
Derwent London plc | 203,648 | 7,110 | |
Hikma Pharmaceuticals plc | 330,976 | 6,996 | |
AVEVA Group plc | 240,127 | 6,947 | |
* | Marks & Spencer Group plc | 3,918,500 | 6,793 |
ITV plc | 7,505,707 | 6,751 | |
Direct Line Insurance Group plc | 2,657,126 | 6,668 | |
Pennon Group plc | 531,092 | 6,501 | |
1 | Avast plc | 1,139,386 | 6,459 |
Games Workshop Group plc | 65,679 | 6,216 | |
Royal Mail plc | 1,757,776 | 6,075 | |
Ultra Electronics Holdings plc | 141,085 | 6,025 | |
Big Yellow Group plc | 341,265 | 5,920 | |
Safestore Holdings plc | 415,523 | 5,786 | |
LondonMetric Property plc | 1,893,162 | 5,785 | |
Britvic plc | 541,304 | 5,687 | |
Rotork plc | 1,739,932 | 5,521 | |
Serco Group plc | 2,387,247 | 5,492 | |
LXI REIT plc | 3,029,140 | 5,487 | |
Travis Perkins plc | 422,890 | 5,428 | |
* | Wise plc Class A | 932,825 | 5,368 |
Grainger plc | 1,480,211 | 5,350 | |
QinetiQ Group plc | 1,143,372 | 5,325 | |
Harbour Energy plc | 1,180,006 | 5,277 | |
Future plc | 227,786 | 5,104 | |
* | Oxford Nanopore Technologies plc | 1,297,222 | 5,067 |
*,1 | Watches of Switzerland Group plc | 466,352 | 5,055 |
Greggs plc | 200,471 | 4,998 | |
Vistry Group plc | 443,098 | 4,995 | |
* | SSP Group plc | 1,587,334 | 4,936 |
Computacenter plc | 155,120 | 4,917 | |
Assura plc | 5,827,627 | 4,884 | |
OSB Group plc | 753,885 | 4,843 | |
* | Indivior plc | 1,231,262 | 4,822 |
Hays plc | 3,069,329 | 4,789 | |
* | Mediclinic International plc | 796,650 | 4,714 |
Primary Health Properties plc | 2,603,174 | 4,683 | |
Genus plc | 133,519 | 4,624 | |
Grafton Group plc | 433,896 | 4,488 | |
* | WH Smith plc | 253,064 | 4,467 |
*,1 | Trainline plc | 908,222 | 4,397 |
Cranswick plc | 107,203 | 4,371 | |
Virgin Money UK plc | 2,499,357 | 4,359 | |
Balfour Beatty plc | 1,259,123 | 4,309 | |
Softcat plc | 246,554 | 4,206 | |
1 | Airtel Africa plc | 2,162,452 | 4,180 |
Close Brothers Group plc | 306,477 | 4,143 | |
Spirent Communications plc | 1,202,300 | 4,136 | |
* | TUI AG | 2,429,051 | 3,925 |
Shares | Market Value ($000) | ||
Savills plc | 268,395 | 3,913 | |
Great Portland Estates plc | 516,709 | 3,911 | |
Victrex plc | 164,375 | 3,872 | |
Plus500 Ltd. | 190,562 | 3,868 | |
* | Frasers Group plc | 351,850 | 3,850 |
* | Energean plc | 274,145 | 3,847 |
Pets at Home Group plc | 958,127 | 3,844 | |
Euromoney Institutional Investor plc | 209,379 | 3,707 | |
Brewin Dolphin Holdings plc | 591,110 | 3,695 | |
* | easyJet plc | 753,425 | 3,680 |
Renishaw plc | 69,304 | 3,679 | |
Dr. Martens plc | 1,147,680 | 3,644 | |
Telecom Plus plc | 131,514 | 3,615 | |
* | Playtech plc | 601,937 | 3,607 |
*,1 | Countryside Partnerships plc | 1,004,743 | 3,561 |
1 | Quilter plc | 2,712,662 | 3,476 |
* | Sanne Group plc | 307,939 | 3,451 |
Pagegroup plc | 619,432 | 3,448 | |
Shaftesbury plc | 550,825 | 3,380 | |
* | IWG plc | 1,420,723 | 3,332 |
Redrow plc | 465,047 | 3,288 | |
Fresnillo plc | 363,425 | 3,267 | |
Paragon Banking Group plc | 494,600 | 3,229 | |
* | International Consolidated Airlines Group SA | 2,201,765 | 3,202 |
* | Darktrace plc | 685,326 | 3,147 |
Domino's Pizza Group plc | 875,685 | 3,052 | |
* | Ascential plc | 853,078 | 3,050 |
Oxford Instruments plc | 107,837 | 2,993 | |
*,1 | Deliveroo plc Class A | 2,606,333 | 2,885 |
Marshalls plc | 466,047 | 2,814 | |
Rathbones Group plc | 125,652 | 2,774 | |
2 | Hammerson plc | 8,846,210 | 2,701 |
Bodycote plc | 368,965 | 2,699 | |
Capital & Counties Properties plc | 1,472,328 | 2,667 | |
* | Helios Towers plc | 1,513,314 | 2,661 |
Mitie Group plc | 2,772,661 | 2,649 | |
Lancashire Holdings Ltd. | 483,249 | 2,633 | |
* | John Wood Group plc | 1,373,497 | 2,633 |
Moneysupermarket.com Group plc | 1,025,884 | 2,554 | |
Coats Group plc | 2,815,198 | 2,546 | |
* | Carnival plc | 315,362 | 2,543 |
Hill & Smith Holdings plc | 157,826 | 2,537 | |
Sirius Real Estate Ltd. | 2,146,905 | 2,499 | |
* | National Express Group plc | 1,091,332 | 2,445 |
Firstgroup plc | 1,488,213 | 2,431 | |
1 | JTC plc | 266,894 | 2,427 |
Genuit Group plc | 461,818 | 2,392 | |
Ashmore Group plc | 906,143 | 2,388 | |
Dunelm Group plc | 228,883 | 2,380 | |
Chemring Group plc | 552,026 | 2,336 | |
*,1 | Network International Holdings plc | 940,901 | 2,320 |
TP ICAP Group plc | 1,547,436 | 2,246 | |
Redde Northgate plc | 495,128 | 2,218 | |
AJ Bell plc | 571,253 | 2,198 | |
Morgan Advanced Materials plc | 563,678 | 2,194 | |
Bytes Technology Group plc (XLON) | 396,876 | 2,190 | |
Centamin plc | 2,131,335 | 2,155 | |
* | Auction Technology Group plc | 175,694 | 2,139 |
Shares | Market Value ($000) | ||
Workspace Group plc | 294,044 | 2,113 | |
Clarkson plc | 50,217 | 2,112 | |
* | Babcock International Group plc | 501,944 | 2,099 |
IP Group plc | 1,986,033 | 2,092 | |
Synthomer plc | 730,685 | 2,084 | |
Ninety One plc | 818,695 | 2,039 | |
Premier Foods plc | 1,421,125 | 2,018 | |
Morgan Sindall Group plc | 79,872 | 1,980 | |
Volution Group plc | 377,696 | 1,932 | |
1 | Ibstock plc | 768,605 | 1,927 |
1 | Biffa plc | 434,057 | 1,925 |
Micro Focus International plc | 549,263 | 1,913 | |
FDM Group Holdings plc | 169,047 | 1,907 | |
IntegraFin Holdings plc | 571,344 | 1,906 | |
Hilton Food Group plc | 141,362 | 1,905 | |
* | C&C Group plc | 787,936 | 1,904 |
Vesuvius plc | 423,726 | 1,856 | |
Kainos Group plc | 110,505 | 1,842 | |
* | Molten Ventures plc | 310,031 | 1,808 |
Essentra plc | 596,895 | 1,802 | |
* | Tullow Oil plc | 2,844,264 | 1,785 |
Just Group plc | 2,036,558 | 1,774 | |
* | Capricorn Energy plc | 644,338 | 1,728 |
1 | Petershill Partners plc | 591,030 | 1,686 |
Crest Nicholson Holdings plc | 488,427 | 1,642 | |
Currys plc | 2,001,026 | 1,636 | |
* | S4 Capital plc | 1,049,487 | 1,623 |
1 | Bridgepoint Group plc (Registered) | 517,282 | 1,616 |
*,1 | Spire Healthcare Group plc | 556,025 | 1,614 |
Liontrust Asset Management plc | 126,698 | 1,610 | |
NCC Group plc | 575,808 | 1,573 | |
* | THG plc Class B | 1,884,020 | 1,571 |
Rhi Magnesita NV | 55,399 | 1,527 | |
* | Elementis plc | 1,126,938 | 1,501 |
* | Senior plc | 834,849 | 1,476 |
Bank of Georgia Group plc | 76,881 | 1,414 | |
BMO Commercial Property Trust Ltd. | 953,026 | 1,392 | |
1 | TI Fluid Systems plc Class B | 645,022 | 1,373 |
*,1 | Wizz Air Holdings plc | 49,997 | 1,358 |
UK Commercial Property REIT Ltd. | 1,445,568 | 1,357 | |
Keller Group plc | 139,006 | 1,351 | |
* | Moonpig Group plc | 517,205 | 1,318 |
Jupiter Fund Management plc | 856,765 | 1,315 | |
Greencore Group plc | 1,024,665 | 1,257 | |
Picton Property Income Ltd. | 1,086,954 | 1,224 | |
* | Petrofac Ltd. (XLON) | 869,365 | 1,223 |
TBC Bank Group plc | 72,524 | 1,221 | |
Provident Financial plc | 504,642 | 1,193 | |
* | Capita plc | 3,381,066 | 1,187 |
888 Holdings plc | 656,082 | 1,181 | |
* | J D Wetherspoon plc | 168,518 | 1,151 |
XP Power Ltd. | 30,548 | 1,134 | |
1 | ContourGlobal plc | 351,901 | 1,102 |
AG Barr plc | 160,159 | 1,056 | |
* | Mitchells & Butlers plc | 497,218 | 1,050 |
Ferrexpo plc | 576,886 | 1,046 | |
Helical plc | 201,682 | 961 | |
PZ Cussons plc | 369,589 | 948 |
Shares | Market Value ($000) | ||
Halfords Group plc | 438,299 | 917 | |
* | Restaurant Group plc | 1,444,832 | 896 |
Wickes Group plc | 526,763 | 875 | |
* | Oxford Biomedica plc | 145,744 | 856 |
*,1,2 | Aston Martin Lagonda Global Holdings plc | 134,886 | 793 |
Devro plc | 342,458 | 771 | |
CLS Holdings plc | 304,605 | 753 | |
Avon Protection plc | 57,249 | 742 | |
* | PureTech Health plc | 310,689 | 742 |
* | Marston's plc | 1,239,879 | 722 |
* | Alphawave IP Group plc | 424,200 | 693 |
1 | CMC Markets plc | 218,466 | 685 |
*,1 | Trustpilot Group plc | 661,086 | 622 |
Hochschild Mining plc | 625,124 | 617 | |
* | SIG plc | 1,323,749 | 589 |
*,2 | Cineworld Group plc | 1,969,544 | 556 |
* | Rank Group plc | 415,865 | 457 |
Micro Focus International plc ADR | 122,776 | 421 | |
1 | Alfa Financial Software Holdings plc | 184,273 | 337 |
1 | Bakkavor Group plc | 303,490 | 324 |
*,2 | AO World plc | 560,976 | 297 |
*,1 | Funding Circle Holdings plc | 311,432 | 141 |
*,2,3 | Intu Properties plc | 1,544,041 | — |
3 | Evraz plc | 1,326,266 | — |
*,3 | NMC Health plc | 157,105 | — |
*,1,3 | Finablr plc | 304,209 | — |
*,3 | Carillion plc | 1,000,411 | — |
5,398,125 | |||
Total Common Stocks (Cost $25,358,484) | 20,772,152 | ||
Temporary Cash Investments (0.3%) | |||
Money Market Fund (0.3%) | |||
4,5 | Vanguard Market Liquidity Fund, 1.903% (Cost $56,643) | 566,599 | 56,637 |
Total Investments (99.5%) (Cost $25,415,127) | 20,828,789 | ||
Other Assets and Liabilities—Net (0.5%) | 110,796 | ||
Net Assets (100%) | 20,939,585 | ||
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 July 31, 2022, the aggregate value was $664,866,000, representing 3.2% of net assets. |
2 | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $34,913,000. |
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 $35,577,000 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 | September 2022 | 1,233 | 46,652 | 2,426 |
FTSE 100 Index | September 2022 | 426 | 38,273 | 993 |
MSCI Europe Index | September 2022 | 3,601 | 100,751 | 6,372 |
9,791 |
Forward Currency Contracts | |||||||
Contract Settlement Date | Contract Amount (000) | Unrealized Appreciation ($000) | Unrealized Depreciation ($000) | ||||
Counterparty | Receive | Deliver | |||||
Morgan Stanley Capital Services Inc. | 9/21/22 | DKK | 8,931 | USD | 1,239 | — | (8) |
State Street Bank & Trust Co. | 9/21/22 | EUR | 36,305 | USD | 39,211 | — | (1,968) |
Morgan Stanley Capital Services Inc. | 9/21/22 | EUR | 36,072 | USD | 38,923 | — | (1,920) |
Toronto-Dominion Bank | 9/21/22 | EUR | 36,072 | USD | 38,851 | — | (1,848) |
Royal Bank of Canada | 9/21/22 | EUR | 4,441 | USD | 4,582 | — | (27) |
Standard Chartered Bank | 9/21/22 | EUR | 3,870 | USD | 3,956 | 13 | — |
State Street Bank & Trust Co. | 9/21/22 | GBP | 10,451 | USD | 13,019 | — | (277) |
Standard Chartered Bank | 9/21/22 | GBP | 7,021 | USD | 8,845 | — | (285) |
Morgan Stanley Capital Services Inc. | 9/21/22 | GBP | 3,858 | USD | 4,699 | 5 | — |
HSBC Bank plc | 9/21/22 | GBP | 3,803 | USD | 4,550 | 87 | — |
Royal Bank of Canada | 9/21/22 | GBP | 2,844 | USD | 3,408 | 60 | — |
UBS AG | 9/21/22 | SEK | 38,447 | USD | 3,727 | 65 | — |
Morgan Stanley Capital Services Inc. | 9/21/22 | SEK | 26,941 | USD | 2,553 | 104 | — |
UBS AG | 9/21/22 | USD | 33,286 | CHF | 32,270 | — | (754) |
HSBC Bank plc | 9/21/22 | USD | 30,878 | CHF | 29,957 | — | (722) |
Bank of America, N.A. | 9/21/22 | USD | 8,793 | DKK | 60,527 | 452 | — |
BNP Paribas | 9/21/22 | USD | 15,124 | EUR | 14,270 | 486 | — |
State Street Bank & Trust Co. | 9/21/22 | USD | 6,915 | EUR | 6,827 | — | (88) |
Barclays Bank plc | 9/21/22 | USD | 3,864 | EUR | 3,806 | — | (40) |
State Street Bank & Trust Co. | 9/21/22 | USD | 3,967 | EUR | 3,684 | 188 | — |
HSBC Bank plc | 9/21/22 | USD | 11,677 | GBP | 9,498 | 96 | — |
JPMorgan Chase Bank, N.A. | 9/21/22 | USD | 4,372 | GBP | 3,495 | 111 | — |
Deutsche Bank AG | 9/21/22 | USD | 2,878 | NOK | 27,126 | 68 | — |
Bank of America, N.A. | 9/21/22 | USD | 6,073 | SEK | 59,006 | 253 | — |
Morgan Stanley Capital Services Inc. | 9/21/22 | USD | 5,049 | SEK | 51,201 | — | (1) |
1,988 | (7,938) |
CHF—Swiss franc. |
DKK—Danish krone. |
EUR—euro. |
GBP—British pound. |
NOK—Norwegian krone. |
SEK—Swedish krona. |
USD—U.S. dollar. |
At July 31, 2022, the counterparties had deposited in segregated accounts securities with a value of $1,631,000 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.
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 July 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 | 421 | 20,768,072 | 3,659 | 20,772,152 |
Temporary Cash Investments | 56,637 | — | — | 56,637 |
Total | 57,058 | 20,768,072 | 3,659 | 20,828,789 |
Derivative Financial Instruments | ||||
Assets | ||||
Futures Contracts1 | 9,791 | — | — | 9,791 |
Forward Currency Contracts | — | 1,988 | — | 1,988 |
Total | 9,791 | 1,988 | — | 11,779 |
Liabilities | ||||
Forward Currency Contracts | — | 7,938 | — | 7,938 |
1 | Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments. |