UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT
OF
REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-06093
Name of Registrant: | Vanguard Institutional Index Funds |
Address of Registrant: | P.O. Box 2600 |
Valley Forge, PA 19482 |
Name and address of agent for service: | Anne E. Robinson, Esquire |
P.O. Box 876 | |
Valley Forge, PA 19482 |
Registrant’s telephone number, including area code: (610) 669-1000
Date of fiscal year end: December 31
Date of reporting period: January 1, 2023—June 30, 2023
Item 1: Reports to Shareholders
About Your Fund’s Expenses | 1 |
Financial Statements | 4 |
Trustees Approve Advisory Arrangement | 22 |
Liquidity Risk Management | 24 |
• | Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The ”Ending Account Value“ shown is derived from the fund‘s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period. |
• | Based on hypothetical 5% yearly return. This section is intended to help you compare your fund‘s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds. |
Six Months Ended June 30, 2023 | |||
Beginning Account Value 12/31/2022 | Ending Account Value 6/30/2023 | Expenses Paid During Period | |
Based on Actual Fund Return | |||
Institutional Index Fund | |||
Institutional Shares | $1,000.00 | $1,168.70 | $0.19 |
Institutional Plus Shares | 1,000.00 | 1,168.80 | 0.11 |
Based on Hypothetical 5% Yearly Return | |||
Institutional Index Fund | |||
Institutional Shares | $1,000.00 | $1,024.62 | $0.18 |
Institutional Plus Shares | 1,000.00 | 1,024.70 | 0.10 |
Communication Services | 8.4% |
Consumer Discretionary | 10.7 |
Consumer Staples | 6.6 |
Energy | 4.1 |
Financials | 12.4 |
Health Care | 13.4 |
Industrials | 8.5 |
Information Technology | 28.3 |
Materials | 2.5 |
Real Estate | 2.5 |
Utilities | 2.6 |
Shares | Market Value• ($000) | ||
Common Stocks (99.8%) | |||
Communication Services (8.4%) | |||
* | Alphabet Inc. Class A | 40,557,247 | 4,854,702 |
* | Meta Platforms Inc. Class A | 15,100,820 | 4,333,633 |
* | Alphabet Inc. Class C | 34,882,855 | 4,219,779 |
* | Netflix Inc. | 3,034,220 | 1,336,544 |
Comcast Corp. Class A | 28,393,272 | 1,179,740 | |
* | Walt Disney Co. | 12,473,660 | 1,113,648 |
Verizon Communications Inc. | 28,698,145 | 1,067,284 | |
AT&T Inc. | 48,800,356 | 778,366 | |
* | T-Mobile US Inc. | 3,931,555 | 546,093 |
* | Activision Blizzard Inc. | 4,883,802 | 411,705 |
* | Charter Communications Inc. Class A | 709,184 | 260,533 |
Electronic Arts Inc. | 1,779,928 | 230,857 | |
* | Warner Bros Discovery Inc. | 15,132,154 | 189,757 |
* | Take-Two Interactive Software Inc. | 1,080,895 | 159,065 |
Omnicom Group Inc. | 1,362,113 | 129,605 | |
Interpublic Group of Cos. Inc. | 2,635,209 | 101,666 | |
* | Live Nation Entertainment Inc. | 982,522 | 89,518 |
* | Match Group Inc. | 1,902,086 | 79,602 |
News Corp. Class A | 3,414,035 | 66,574 | |
Fox Corp. Class A | 1,838,042 | 62,493 | |
1 | Paramount Global Class B | 3,463,954 | 55,112 |
Fox Corp. Class B | 931,515 | 29,706 | |
21,295,982 | |||
Consumer Discretionary (10.6%) | |||
* | Amazon.com Inc. | 60,935,063 | 7,943,495 |
* | Tesla Inc. | 18,390,595 | 4,814,106 |
Home Depot Inc. | 6,912,678 | 2,147,354 | |
McDonald's Corp. | 4,983,849 | 1,487,230 | |
NIKE Inc. Class B | 8,411,224 | 928,347 | |
Lowe's Cos. Inc. | 4,070,940 | 918,811 | |
Starbucks Corp. | 7,825,153 | 775,160 | |
* | Booking Holdings Inc. | 252,155 | 680,902 |
TJX Cos. Inc. | 7,860,813 | 666,518 | |
Ford Motor Co. | 26,826,653 | 405,887 | |
* | Chipotle Mexican Grill Inc. Class A | 188,248 | 402,663 |
Shares | Market Value• ($000) | ||
* | O'Reilly Automotive Inc. | 415,652 | 397,072 |
General Motors Co. | 9,487,220 | 365,827 | |
Marriott International Inc. Class A | 1,760,096 | 323,312 | |
* | AutoZone Inc. | 125,593 | 313,149 |
Yum! Brands Inc. | 1,911,937 | 264,899 | |
Hilton Worldwide Holdings Inc. | 1,806,497 | 262,936 | |
Ross Stores Inc. | 2,335,109 | 261,836 | |
DR Horton Inc. | 2,118,253 | 257,770 | |
Lennar Corp. Class A | 1,688,240 | 211,553 | |
* | Aptiv plc | 1,845,383 | 188,395 |
Tractor Supply Co. | 747,998 | 165,382 | |
eBay Inc. | 3,650,612 | 163,146 | |
Genuine Parts Co. | 960,383 | 162,526 | |
* | Ulta Beauty Inc. | 341,936 | 160,913 |
* | Royal Caribbean Cruises Ltd. | 1,501,309 | 155,746 |
Darden Restaurants Inc. | 825,624 | 137,945 | |
* | NVR Inc. | 20,829 | 132,277 |
* | Las Vegas Sands Corp. | 2,241,102 | 129,984 |
* | Carnival Corp. | 6,856,576 | 129,109 |
PulteGroup Inc. | 1,523,355 | 118,334 | |
Garmin Ltd. | 1,045,649 | 109,051 | |
Best Buy Co. Inc. | 1,328,622 | 108,881 | |
* | Expedia Group Inc. | 973,480 | 106,489 |
LKQ Corp. | 1,729,625 | 100,785 | |
Pool Corp. | 265,775 | 99,570 | |
* | CarMax Inc. | 1,082,493 | 90,605 |
MGM Resorts International | 2,061,434 | 90,538 | |
Domino's Pizza Inc. | 241,433 | 81,361 | |
BorgWarner Inc. (XNYS) | 1,604,628 | 78,482 | |
* | Caesars Entertainment Inc. | 1,469,170 | 74,884 |
Wynn Resorts Ltd. | 707,335 | 74,702 | |
* | Etsy Inc. | 842,003 | 71,242 |
Tapestry Inc. | 1,583,278 | 67,764 | |
* | Norwegian Cruise Line Holdings Ltd. | 2,907,492 | 63,296 |
Bath & Body Works Inc. | 1,558,328 | 58,437 | |
Hasbro Inc. | 893,416 | 57,867 | |
Whirlpool Corp. | 375,032 | 55,801 | |
VF Corp. | 2,247,884 | 42,912 |
Shares | Market Value• ($000) | ||
* | Mohawk Industries Inc. | 362,709 | 37,417 |
Ralph Lauren Corp. Class A | 278,773 | 34,373 | |
Advance Auto Parts Inc. | 404,756 | 28,454 | |
Newell Brands Inc. | 2,573,576 | 22,390 | |
Lennar Corp. Class B | 49,389 | 5,580 | |
27,033,465 | |||
Consumer Staples (6.6%) | |||
Procter & Gamble Co. | 16,089,102 | 2,441,360 | |
PepsiCo Inc. | 9,404,595 | 1,741,919 | |
Costco Wholesale Corp. | 3,027,356 | 1,629,868 | |
Coca-Cola Co. | 26,568,874 | 1,599,978 | |
Walmart Inc. | 9,574,590 | 1,504,934 | |
Philip Morris International Inc. | 10,595,636 | 1,034,346 | |
Mondelez International Inc. Class A | 9,296,108 | 678,058 | |
Altria Group Inc. | 12,185,296 | 551,994 | |
Colgate-Palmolive Co. | 5,661,222 | 436,141 | |
Target Corp. | 3,150,462 | 415,546 | |
Kimberly-Clark Corp. | 2,302,592 | 317,896 | |
Estee Lauder Cos. Inc. Class A | 1,582,733 | 310,817 | |
General Mills Inc. | 4,009,501 | 307,529 | |
* | Monster Beverage Corp. | 5,216,571 | 299,640 |
Archer-Daniels-Midland Co. | 3,717,857 | 280,921 | |
Constellation Brands Inc. Class A | 1,100,652 | 270,903 | |
Sysco Corp. | 3,456,332 | 256,460 | |
Dollar General Corp. | 1,495,608 | 253,924 | |
Hershey Co. | 1,005,412 | 251,051 | |
Kroger Co. | 4,457,808 | 209,517 | |
* | Dollar Tree Inc. | 1,421,272 | 203,953 |
Kraft Heinz Co. | 5,445,096 | 193,301 | |
Keurig Dr Pepper Inc. | 5,749,761 | 179,795 | |
Church & Dwight Co. Inc. | 1,667,335 | 167,117 | |
McCormick & Co. Inc. | 1,713,088 | 149,433 | |
Walgreens Boots Alliance Inc. | 4,894,725 | 139,451 | |
Kellogg Co. | 1,754,554 | 118,257 | |
Lamb Weston Holdings Inc. | 994,566 | 114,325 | |
Conagra Brands Inc. | 3,249,136 | 109,561 | |
J M Smucker Co. | 729,019 | 107,654 | |
Tyson Foods Inc. Class A | 1,953,811 | 99,723 | |
Bunge Ltd. | 1,028,067 | 96,998 | |
Clorox Co. | 595,432 | 94,697 | |
Molson Coors Beverage Co. Class B | 1,281,112 | 84,348 | |
Brown-Forman Corp. Class B | 1,248,169 | 83,353 | |
Hormel Foods Corp. | 1,973,734 | 79,384 | |
Campbell Soup Co. | 1,369,135 | 62,583 | |
16,876,735 | |||
Energy (4.1%) | |||
Exxon Mobil Corp. | 27,598,727 | 2,959,963 | |
Chevron Corp. | 11,895,959 | 1,871,829 | |
ConocoPhillips | 8,260,135 | 855,833 |
Shares | Market Value• ($000) | ||
Schlumberger NV | 9,729,362 | 477,906 | |
EOG Resources Inc. | 3,992,378 | 456,888 | |
Marathon Petroleum Corp. | 2,896,390 | 337,719 | |
Pioneer Natural Resources Co. | 1,595,550 | 330,566 | |
Phillips 66 | 3,132,390 | 298,767 | |
Valero Energy Corp. | 2,467,933 | 289,488 | |
Occidental Petroleum Corp. | 4,904,552 | 288,388 | |
Williams Cos. Inc. | 8,314,929 | 271,316 | |
Hess Corp. | 1,886,374 | 256,452 | |
Kinder Morgan Inc. | 13,474,758 | 232,035 | |
Baker Hughes Co. Class A | 6,910,046 | 218,427 | |
Devon Energy Corp. | 4,380,240 | 211,741 | |
Halliburton Co. | 6,159,051 | 203,187 | |
ONEOK Inc. | 3,053,998 | 188,493 | |
Diamondback Energy Inc. | 1,236,233 | 162,392 | |
Coterra Energy Inc. | 5,170,683 | 130,818 | |
Targa Resources Corp. | 1,541,888 | 117,338 | |
EQT Corp. | 2,468,790 | 101,541 | |
Marathon Oil Corp. | 4,215,930 | 97,051 | |
APA Corp. | 2,106,312 | 71,973 | |
10,430,111 | |||
Financials (12.4%) | |||
* | Berkshire Hathaway Inc. Class B | 12,173,438 | 4,151,142 |
JPMorgan Chase & Co. | 19,948,617 | 2,901,327 | |
Visa Inc. Class A | 11,046,797 | 2,623,393 | |
Mastercard Inc. Class A | 5,712,092 | 2,246,566 | |
Bank of America Corp. | 47,328,664 | 1,357,859 | |
Wells Fargo & Co. | 25,614,396 | 1,093,222 | |
S&P Global Inc. | 2,239,129 | 897,644 | |
Morgan Stanley | 8,892,618 | 759,430 | |
American Express Co. | 4,059,229 | 707,118 | |
BlackRock Inc. | 1,022,388 | 706,613 | |
Goldman Sachs Group Inc. | 2,064,419 | 665,858 | |
Marsh & McLennan Cos. Inc. | 3,377,063 | 635,158 | |
Citigroup Inc. | 13,289,325 | 611,841 | |
Charles Schwab Corp. | 10,144,494 | 574,990 | |
Chubb Ltd. | 2,827,764 | 544,514 | |
* | Fiserv Inc. | 4,214,292 | 531,633 |
Progressive Corp. | 3,995,916 | 528,939 | |
* | PayPal Holdings Inc. | 7,616,322 | 508,237 |
Aon plc Class A (XNYS) | 1,394,231 | 481,289 | |
CME Group Inc. | 2,455,671 | 455,011 | |
Intercontinental Exchange Inc. | 3,822,215 | 432,216 | |
Moody's Corp. | 1,077,264 | 374,586 | |
PNC Financial Services Group Inc. | 2,724,611 | 343,165 | |
Arthur J Gallagher & Co. | 1,462,248 | 321,066 | |
US Bancorp | 9,522,892 | 314,636 | |
Capital One Financial Corp. | 2,606,193 | 285,039 | |
American International Group Inc. | 4,940,578 | 284,281 | |
Truist Financial Corp. | 9,092,508 | 275,958 | |
Travelers Cos. Inc. | 1,577,329 | 273,919 |
Shares | Market Value• ($000) | ||
Aflac Inc. | 3,753,750 | 262,012 | |
MSCI Inc. Class A | 546,544 | 256,488 | |
MetLife Inc. | 4,391,111 | 248,229 | |
Ameriprise Financial Inc. | 711,285 | 236,260 | |
Fidelity National Information Services Inc. | 4,042,816 | 221,142 | |
Prudential Financial Inc. | 2,491,150 | 219,769 | |
Bank of New York Mellon Corp. | 4,777,580 | 212,698 | |
Discover Financial Services | 1,733,546 | 202,565 | |
Allstate Corp. | 1,792,625 | 195,468 | |
* | Arch Capital Group Ltd. | 2,542,616 | 190,315 |
Global Payments Inc. | 1,787,036 | 176,059 | |
T Rowe Price Group Inc. | 1,533,608 | 171,795 | |
Willis Towers Watson plc | 725,586 | 170,875 | |
State Street Corp. | 2,282,020 | 166,998 | |
Hartford Financial Services Group Inc. | 2,117,985 | 152,537 | |
M&T Bank Corp. | 1,132,545 | 140,164 | |
Raymond James Financial Inc. | 1,302,123 | 135,121 | |
* | FleetCor Technologies Inc. | 503,009 | 126,295 |
Fifth Third Bancorp | 4,638,728 | 121,581 | |
Principal Financial Group Inc. | 1,541,503 | 116,908 | |
Nasdaq Inc. | 2,310,206 | 115,164 | |
Regions Financial Corp. | 6,408,126 | 114,193 | |
Brown & Brown Inc. | 1,609,371 | 110,789 | |
Huntington Bancshares Inc. | 9,843,375 | 106,112 | |
Northern Trust Corp. | 1,419,053 | 105,209 | |
FactSet Research Systems Inc. | 261,721 | 104,859 | |
Cincinnati Financial Corp. | 1,074,872 | 104,607 | |
Everest Re Group Ltd. | 293,257 | 100,253 | |
Cboe Global Markets Inc. | 719,326 | 99,274 | |
Synchrony Financial | 2,925,782 | 99,243 | |
Citizens Financial Group Inc. | 3,304,849 | 86,190 | |
Jack Henry & Associates Inc. | 497,260 | 83,207 | |
W R Berkley Corp. | 1,371,067 | 81,661 | |
Loews Corp. | 1,291,717 | 76,702 | |
MarketAxess Holdings Inc. | 257,717 | 67,372 | |
Globe Life Inc. | 606,960 | 66,535 | |
KeyCorp. | 6,407,421 | 59,205 | |
Invesco Ltd. | 3,133,938 | 52,681 | |
Franklin Resources Inc. | 1,940,890 | 51,841 | |
Assurant Inc. | 361,004 | 45,385 | |
Comerica Inc. | 900,859 | 38,160 | |
Lincoln National Corp. | 1,050,379 | 27,058 | |
Zions Bancorp NA | 1,004,711 | 26,987 | |
31,432,616 |
Shares | Market Value• ($000) | ||
Health Care (13.4%) | |||
UnitedHealth Group Inc. | 6,355,512 | 3,054,713 | |
Johnson & Johnson | 17,739,748 | 2,936,283 | |
Eli Lilly & Co. | 5,378,456 | 2,522,388 | |
Merck & Co. Inc. | 17,321,422 | 1,998,719 | |
AbbVie Inc. | 12,043,564 | 1,622,629 | |
Pfizer Inc. | 38,536,608 | 1,413,523 | |
Thermo Fisher Scientific Inc. | 2,633,227 | 1,373,886 | |
Abbott Laboratories | 11,870,741 | 1,294,148 | |
Danaher Corp. | 4,533,673 | 1,088,082 | |
Bristol-Myers Squibb Co. | 14,341,040 | 917,110 | |
* | Intuitive Surgical Inc. | 2,391,957 | 817,906 |
Amgen Inc. | 3,647,424 | 809,801 | |
Medtronic plc | 9,081,936 | 800,119 | |
Elevance Health Inc. | 1,618,282 | 718,987 | |
Stryker Corp. | 2,306,301 | 703,629 | |
Gilead Sciences Inc. | 8,514,922 | 656,245 | |
* | Vertex Pharmaceuticals Inc. | 1,758,186 | 618,723 |
CVS Health Corp. | 8,748,654 | 604,794 | |
Cigna Group | 2,019,802 | 566,756 | |
Zoetis Inc. | 3,154,417 | 543,222 | |
* | Boston Scientific Corp. | 9,814,603 | 530,872 |
* | Regeneron Pharmaceuticals Inc. | 736,489 | 529,197 |
Becton Dickinson and Co. | 1,938,886 | 511,885 | |
HCA Healthcare Inc. | 1,408,451 | 427,437 | |
McKesson Corp. | 925,760 | 395,586 | |
* | Edwards Lifesciences Corp. | 4,138,476 | 390,382 |
Humana Inc. | 852,928 | 381,370 | |
* | DexCom Inc. | 2,646,170 | 340,059 |
* | IQVIA Holdings Inc. | 1,267,731 | 284,948 |
* | IDEXX Laboratories Inc. | 566,673 | 284,600 |
* | Biogen Inc. | 988,060 | 281,449 |
* | Moderna Inc. | 2,237,974 | 271,914 |
* | Centene Corp. | 3,745,397 | 252,627 |
Agilent Technologies Inc. | 2,020,241 | 242,934 | |
ResMed Inc. | 1,003,133 | 219,185 | |
GE Healthcare Inc. | 2,669,068 | 216,835 | |
AmerisourceBergen Corp. Class A | 1,105,765 | 212,782 | |
Zimmer Biomet Holdings Inc. | 1,423,958 | 207,328 | |
* | Illumina Inc. | 1,079,300 | 202,358 |
* | Mettler-Toledo International Inc. | 150,177 | 196,978 |
West Pharmaceutical Services Inc. | 506,962 | 193,898 | |
* | Align Technology Inc. | 485,750 | 171,781 |
Cardinal Health Inc. | 1,738,347 | 164,395 | |
Baxter International Inc. | 3,452,907 | 157,314 | |
STERIS plc | 677,116 | 152,338 | |
Laboratory Corp. of America Holdings | 604,209 | 145,814 | |
* | Insulet Corp. | 475,739 | 137,175 |
* | Hologic Inc. | 1,680,956 | 136,107 |
Cooper Cos. Inc. | 337,855 | 129,544 |
Shares | Market Value• ($000) | ||
* | Molina Healthcare Inc. | 397,660 | 119,791 |
Quest Diagnostics Inc. | 764,788 | 107,499 | |
* | Waters Corp. | 402,824 | 107,369 |
Revvity Inc. | 854,995 | 101,565 | |
Bio-Techne Corp. | 1,072,556 | 87,553 | |
Viatris Inc. | 8,186,106 | 81,697 | |
* | Incyte Corp. | 1,262,240 | 78,574 |
Teleflex Inc. | 319,869 | 77,418 | |
* | Charles River Laboratories International Inc. | 349,490 | 73,480 |
* | Henry Schein Inc. | 894,524 | 72,546 |
Universal Health Services Inc. Class B | 429,644 | 67,785 | |
DENTSPLY SIRONA Inc. | 1,448,527 | 57,970 | |
* | Bio-Rad Laboratories Inc. Class A | 145,309 | 55,090 |
* | Catalent Inc. | 1,229,573 | 53,314 |
* | DaVita Inc. | 379,493 | 38,128 |
Organon & Co. | 1,750,182 | 36,421 | |
34,046,955 | |||
Industrials (8.5%) | |||
Raytheon Technologies Corp. | 9,974,270 | 977,079 | |
Honeywell International Inc. | 4,542,372 | 942,542 | |
United Parcel Service Inc. Class B (XNYS) | 4,947,710 | 886,877 | |
Caterpillar Inc. | 3,517,944 | 865,590 | |
Union Pacific Corp. | 4,162,090 | 851,647 | |
General Electric Co. | 7,433,693 | 816,591 | |
* | Boeing Co. | 3,860,235 | 815,127 |
Deere & Co. | 1,840,735 | 745,847 | |
Lockheed Martin Corp. | 1,538,608 | 708,344 | |
Automatic Data Processing Inc. | 2,820,143 | 619,839 | |
Eaton Corp. plc | 2,721,029 | 547,199 | |
CSX Corp. | 13,879,668 | 473,297 | |
Illinois Tool Works Inc. | 1,887,878 | 472,272 | |
Northrop Grumman Corp. | 974,473 | 444,165 | |
Waste Management Inc. | 2,527,213 | 438,269 | |
FedEx Corp. | 1,578,515 | 391,314 | |
3M Co. | 3,765,771 | 376,916 | |
Emerson Electric Co. | 3,901,203 | 352,630 | |
Norfolk Southern Corp. | 1,554,048 | 352,396 | |
Parker-Hannifin Corp. | 875,807 | 341,600 | |
General Dynamics Corp. | 1,535,700 | 330,406 | |
Johnson Controls International plc | 4,680,651 | 318,940 | |
TransDigm Group Inc. | 356,159 | 318,467 | |
PACCAR Inc. | 3,567,706 | 298,439 | |
Trane Technologies plc | 1,556,777 | 297,749 | |
Cintas Corp. | 590,156 | 293,355 | |
Carrier Global Corp. | 5,698,815 | 283,288 | |
* | Copart Inc. | 2,928,311 | 267,091 |
Rockwell Automation Inc. | 784,206 | 258,357 | |
AMETEK Inc. | 1,573,482 | 254,715 | |
L3Harris Technologies Inc. | 1,293,306 | 253,190 |
Shares | Market Value• ($000) | ||
Otis Worldwide Corp. | 2,820,587 | 251,060 | |
Paychex Inc. | 2,190,337 | 245,033 | |
WW Grainger Inc. | 304,853 | 240,404 | |
Cummins Inc. | 966,447 | 236,934 | |
Fastenal Co. | 3,898,535 | 229,975 | |
Old Dominion Freight Line Inc. | 613,904 | 226,991 | |
Verisk Analytics Inc. Class A | 988,424 | 223,413 | |
Republic Services Inc. Class A | 1,403,561 | 214,983 | |
United Rentals Inc. | 469,163 | 208,951 | |
* | Delta Air Lines Inc. | 4,388,379 | 208,624 |
Equifax Inc. | 837,439 | 197,049 | |
Quanta Services Inc. | 991,134 | 194,708 | |
Xylem Inc. | 1,633,461 | 183,960 | |
Fortive Corp. | 2,413,676 | 180,471 | |
Ingersoll Rand Inc. (XYNS) | 2,759,127 | 180,337 | |
Southwest Airlines Co. | 4,064,420 | 147,173 | |
Dover Corp. | 954,905 | 140,992 | |
Westinghouse Air Brake Technologies Corp. | 1,228,209 | 134,698 | |
Broadridge Financial Solutions Inc. | 805,427 | 133,403 | |
Expeditors International of Washington Inc. | 1,043,282 | 126,373 | |
Howmet Aerospace Inc. | 2,511,384 | 124,464 | |
* | United Airlines Holdings Inc. | 2,239,174 | 122,863 |
IDEX Corp. | 516,053 | 111,086 | |
Paycom Software Inc. | 331,858 | 106,606 | |
Snap-on Inc. | 361,983 | 104,320 | |
Jacobs Solutions Inc. | 863,993 | 102,720 | |
JB Hunt Transport Services Inc. | 564,658 | 102,220 | |
Stanley Black & Decker Inc. | 1,045,290 | 97,954 | |
* | Axon Enterprise Inc. | 479,195 | 93,501 |
Textron Inc. | 1,377,045 | 93,130 | |
Nordson Corp. | 366,399 | 90,933 | |
Masco Corp. | 1,534,495 | 88,049 | |
Leidos Holdings Inc. | 937,507 | 82,951 | |
* | American Airlines Group Inc. | 4,458,332 | 79,982 |
CH Robinson Worldwide Inc. | 795,019 | 75,010 | |
Pentair plc | 1,127,002 | 72,804 | |
Allegion plc | 601,827 | 72,231 | |
* | Ceridian HCM Holding Inc. | 1,058,334 | 70,877 |
Rollins Inc. | 1,579,430 | 67,647 | |
* | Generac Holdings Inc. | 424,567 | 63,316 |
Huntington Ingalls Industries Inc. | 272,005 | 61,908 | |
A O Smith Corp. | 850,347 | 61,888 | |
Robert Half International Inc. | 734,978 | 55,285 | |
* | Alaska Air Group Inc. | 868,435 | 46,183 |
21,546,998 | |||
Information Technology (28.2%) | |||
Apple Inc. | 100,926,716 | 19,576,755 | |
Microsoft Corp. | 50,756,950 | 17,284,772 | |
NVIDIA Corp. | 16,882,359 | 7,141,575 |
Shares | Market Value• ($000) | ||
Broadcom Inc. | 2,846,050 | 2,468,749 | |
* | Adobe Inc. | 3,131,256 | 1,531,153 |
Cisco Systems Inc. | 27,959,814 | 1,446,641 | |
* | Salesforce Inc. | 6,683,178 | 1,411,888 |
Accenture plc Class A | 4,311,055 | 1,330,305 | |
* | Advanced Micro Devices Inc. | 10,992,810 | 1,252,191 |
Oracle Corp. | 10,505,019 | 1,251,043 | |
Texas Instruments Inc. | 6,195,950 | 1,115,395 | |
Intel Corp. | 28,472,204 | 952,110 | |
QUALCOMM Inc. | 7,604,549 | 905,246 | |
Intuit Inc. | 1,915,191 | 877,521 | |
Applied Materials Inc. | 5,769,063 | 833,860 | |
International Business Machines Corp. | 6,198,623 | 829,438 | |
* | ServiceNow Inc. | 1,390,816 | 781,597 |
Analog Devices Inc. | 3,453,516 | 672,779 | |
Lam Research Corp. | 917,074 | 589,550 | |
* | Palo Alto Networks Inc. | 2,065,750 | 527,820 |
Micron Technology Inc. | 7,470,589 | 471,469 | |
KLA Corp. | 936,538 | 454,240 | |
* | Synopsys Inc. | 1,039,654 | 452,676 |
* | Cadence Design Systems Inc. | 1,861,484 | 436,555 |
NXP Semiconductors NV | 1,773,072 | 362,912 | |
Roper Technologies Inc. | 727,660 | 349,859 | |
Amphenol Corp. Class A | 4,064,175 | 345,252 | |
* | Fortinet Inc. | 4,449,008 | 336,301 |
Motorola Solutions Inc. | 1,144,950 | 335,791 | |
Microchip Technology Inc. | 3,739,448 | 335,017 | |
TE Connectivity Ltd. | 2,151,045 | 301,490 | |
* | Autodesk Inc. | 1,461,914 | 299,122 |
* | ON Semiconductor Corp. | 2,948,123 | 278,833 |
* | Arista Networks Inc. | 1,704,634 | 276,253 |
Cognizant Technology Solutions Corp. Class A | 3,461,737 | 225,982 | |
* | Keysight Technologies Inc. | 1,214,497 | 203,368 |
* | ANSYS Inc. | 591,663 | 195,409 |
* | Gartner Inc. | 540,307 | 189,275 |
Corning Inc. | 5,223,015 | 183,014 | |
HP Inc. | 5,916,642 | 181,700 | |
CDW Corp. | 919,960 | 168,813 | |
Monolithic Power Systems Inc. | 307,534 | 166,139 | |
* | Enphase Energy Inc. | 935,459 | 156,671 |
Hewlett Packard Enterprise Co. | 8,844,032 | 148,580 | |
* | VeriSign Inc. | 618,198 | 139,694 |
* | Fair Isaac Corp. | 170,607 | 138,057 |
* | Teledyne Technologies Inc. | 321,217 | 132,056 |
* | First Solar Inc. | 678,187 | 128,917 |
Skyworks Solutions Inc. | 1,087,161 | 120,338 | |
* | Tyler Technologies Inc. | 286,272 | 119,224 |
Teradyne Inc. | 1,057,824 | 117,768 | |
NetApp Inc. | 1,459,904 | 111,537 |
Shares | Market Value• ($000) | ||
* | Zebra Technologies Corp. Class A | 351,944 | 104,116 |
* | SolarEdge Technologies Inc. | 384,608 | 103,479 |
* | PTC Inc. | 725,835 | 103,286 |
* | Akamai Technologies Inc. | 1,039,150 | 93,388 |
* | Trimble Inc. | 1,691,359 | 89,541 |
* | EPAM Systems Inc. | 395,320 | 88,848 |
* | Western Digital Corp. | 2,186,340 | 82,928 |
Seagate Technology Holdings plc | 1,316,606 | 81,458 | |
Gen Digital Inc. (XNGS) | 3,878,356 | 71,943 | |
* | Qorvo Inc. | 681,294 | 69,512 |
Juniper Networks Inc. | 2,188,301 | 68,559 | |
* | F5 Inc. | 413,821 | 60,525 |
* | DXC Technology Co. | 1,551,975 | 41,469 |
71,701,752 | |||
Materials (2.5%) | |||
Linde plc | 3,342,090 | 1,273,604 | |
Air Products and Chemicals Inc. | 1,516,260 | 454,165 | |
Sherwin-Williams Co. | 1,601,910 | 425,339 | |
Freeport-McMoRan Inc. | 9,783,804 | 391,352 | |
Ecolab Inc. | 1,690,858 | 315,666 | |
Nucor Corp. | 1,714,927 | 281,214 | |
Corteva Inc. | 4,854,478 | 278,162 | |
Dow Inc. | 4,828,054 | 257,142 | |
PPG Industries Inc. | 1,606,915 | 238,306 | |
Newmont Corp. | 5,424,818 | 231,423 | |
DuPont de Nemours Inc. | 3,133,279 | 223,841 | |
Vulcan Materials Co. | 908,439 | 204,799 | |
Martin Marietta Materials Inc. | 423,060 | 195,323 | |
Albemarle Corp. | 800,927 | 178,679 | |
LyondellBasell Industries NV Class A | 1,731,160 | 158,972 | |
International Flavors & Fragrances Inc. | 1,743,891 | 138,796 | |
Ball Corp. | 2,147,074 | 124,981 | |
Steel Dynamics Inc. | 1,096,239 | 119,413 | |
Amcor plc | 10,044,608 | 100,245 | |
Avery Dennison Corp. | 550,845 | 94,635 | |
CF Industries Holdings Inc. | 1,329,658 | 92,305 | |
FMC Corp. | 853,582 | 89,063 | |
Packaging Corp. of America | 613,959 | 81,141 | |
Mosaic Co. | 2,267,241 | 79,353 | |
Celanese Corp. Class A | 684,460 | 79,260 | |
International Paper Co. | 2,369,019 | 75,359 | |
Eastman Chemical Co. | 810,301 | 67,838 | |
Westrock Co. | 1,749,543 | 50,859 | |
Sealed Air Corp. | 986,797 | 39,472 | |
6,340,707 | |||
Real Estate (2.5%) | |||
Prologis Inc. | 6,303,988 | 773,058 | |
American Tower Corp. | 3,181,236 | 616,969 | |
Equinix Inc. | 638,415 | 500,479 | |
Crown Castle Inc. | 2,960,225 | 337,288 |
Shares | Market Value• ($000) | ||
Public Storage | 1,080,148 | 315,274 | |
Realty Income Corp. | 4,596,055 | 274,798 | |
Welltower Inc. | 3,392,908 | 274,452 | |
Simon Property Group Inc. | 2,231,944 | 257,745 | |
* | CoStar Group Inc. | 2,788,972 | 248,219 |
Digital Realty Trust Inc. | 1,988,773 | 226,462 | |
VICI Properties Inc. Class A | 6,858,165 | 215,552 | |
AvalonBay Communities Inc. | 969,407 | 183,480 | |
SBA Communications Corp. Class A | 739,468 | 171,379 | |
* | CBRE Group Inc. Class A | 2,121,637 | 171,237 |
Weyerhaeuser Co. | 4,990,866 | 167,244 | |
Equity Residential | 2,330,097 | 153,716 | |
Extra Space Storage Inc. | 921,935 | 137,230 | |
Invitation Homes Inc. | 3,973,092 | 136,674 | |
Ventas Inc. | 2,736,300 | 129,345 | |
Alexandria Real Estate Equities Inc. | 1,073,543 | 121,836 | |
Mid-America Apartment Communities Inc. | 796,507 | 120,958 | |
Iron Mountain Inc. | 1,991,603 | 113,163 | |
Essex Property Trust Inc. | 437,904 | 102,601 | |
UDR Inc. | 2,117,311 | 90,960 | |
Kimco Realty Corp. | 4,240,876 | 83,630 | |
Host Hotels & Resorts Inc. | 4,845,532 | 81,550 | |
Camden Property Trust | 729,057 | 79,372 | |
Healthpeak Properties Inc. | 3,722,990 | 74,832 | |
Regency Centers Corp. | 1,047,579 | 64,709 | |
Boston Properties Inc. | 973,531 | 56,066 | |
Federal Realty Investment Trust | 498,986 | 48,287 | |
6,328,565 | |||
Utilities (2.6%) | |||
NextEra Energy Inc. | 13,812,390 | 1,024,879 | |
Southern Co. | 7,443,253 | 522,888 | |
Duke Energy Corp. | 5,260,448 | 472,073 | |
Sempra Energy (XNYS) | 2,147,742 | 312,690 | |
American Electric Power Co. Inc. | 3,513,813 | 295,863 | |
Dominion Energy Inc. | 5,705,589 | 295,492 | |
Exelon Corp. | 6,788,712 | 276,572 | |
Xcel Energy Inc. | 3,756,895 | 233,566 | |
Consolidated Edison Inc. | 2,365,249 | 213,818 |
Shares | Market Value• ($000) | ||
Public Service Enterprise Group Inc. | 3,407,583 | 213,349 | |
Constellation Energy Corp. | 2,214,545 | 202,742 | |
* | PG&E Corp. | 11,035,881 | 190,700 |
WEC Energy Group Inc. | 2,155,409 | 190,193 | |
American Water Works Co. Inc. | 1,328,805 | 189,687 | |
Edison International | 2,614,387 | 181,569 | |
Eversource Energy | 2,381,256 | 168,879 | |
DTE Energy Co. | 1,406,461 | 154,739 | |
Ameren Corp. | 1,792,191 | 146,368 | |
FirstEnergy Corp. | 3,714,638 | 144,425 | |
Entergy Corp. | 1,443,374 | 140,541 | |
PPL Corp. | 5,031,671 | 133,138 | |
CenterPoint Energy Inc. | 4,306,313 | 125,529 | |
CMS Energy Corp. | 1,992,318 | 117,049 | |
Atmos Energy Corp. | 986,631 | 114,785 | |
AES Corp. | 4,570,608 | 94,749 | |
Evergy Inc. | 1,563,622 | 91,347 | |
Alliant Energy Corp. | 1,719,338 | 90,231 | |
NiSource Inc. | 2,819,255 | 77,107 | |
Pinnacle West Capital Corp. | 772,132 | 62,898 | |
NRG Energy Inc. | 1,574,573 | 58,873 | |
6,536,739 | |||
Total Common Stocks (Cost $88,857,781) | 253,570,625 | ||
Temporary Cash Investments (0.2%) | |||
Money Market Fund (0.2%) | |||
2,3 | Vanguard Market Liquidity Fund, 5.150% (Cost $468,691) | 4,687,879 | 468,694 |
Total Investments (100.0%) (Cost $89,326,472) | 254,039,319 | ||
Other Assets and Liabilities—Net (0.0%) | 30,323 | ||
Net Assets (100%) | 254,069,642 | ||
Cost is in $000. |
• | See Note A in Notes to Financial Statements. |
* | Non-income-producing security. |
1 | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $8,644,000. |
2 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
3 | Collateral of $9,236,000 was received for securities on loan. |
Futures Contracts | ||||
($000) | ||||
Expiration | Number of Long (Short) Contracts | Notional Amount | Value and Unrealized Appreciation (Depreciation) | |
Long Futures Contracts | ||||
E-mini S&P 500 Index | September 2023 | 2,024 | 454,211 | 11,168 |
Over-the-Counter Total Return Swaps | ||||||
Reference Entity | Termination Date | Counterparty | Notional Amount ($000) | Floating Interest Rate Received (Paid)1 (%) | Value and Unrealized Appreciation ($000) | Value and Unrealized (Depreciation) ($000) |
Bank of New York Mellon Corp. | 8/31/23 | BANA | 5,565 | (5.522) | — | (23) |
Clorox Co. | 1/31/24 | GSI | 38,740 | (5.066) | 938 | — |
Goldman Sachs Group Inc. | 8/30/24 | BANA | 51,607 | (5.672) | 155 | — |
Goldman Sachs Group Inc. | 8/30/24 | BANA | 14,514 | (5.672) | 44 | — |
1,137 | (23) |
1 | Based on Overnight Bank Funding Rate as of the most recent reset date. Floating interest payment received/paid monthly. |
BANA—Bank of America, N.A. | |
GSI—Goldman Sachs International. |
($000s, except shares, footnotes, and per-share amounts) | Amount |
Assets | |
Investments in Securities, at Value1 | |
Unaffiliated Issuers (Cost $88,857,781) | 253,570,625 |
Affiliated Issuers (Cost $468,691) | 468,694 |
Total Investments in Securities | 254,039,319 |
Investment in Vanguard | 8,474 |
Cash | 5,079 |
Cash Collateral Pledged—Futures Contracts | 22,669 |
Receivables for Investment Securities Sold | 540 |
Receivables for Accrued Income | 166,635 |
Receivables for Capital Shares Issued | 179,821 |
Variation Margin Receivable—Futures Contracts | 13,757 |
Unrealized Appreciation—Over-the-Counter Swap Contracts | 1,137 |
Total Assets | 254,437,431 |
Liabilities | |
Payables for Investment Securities Purchased | 2,938 |
Collateral for Securities on Loan | 9,236 |
Payables for Capital Shares Redeemed | 352,884 |
Payables to Vanguard | 2,708 |
Unrealized Depreciation—Over-the-Counter Swap Contracts | 23 |
Total Liabilities | 367,789 |
Net Assets | 254,069,642 |
1 Includes $8,644,000 of securities on loan. | |
At June 30, 2023, net assets consisted of: | |
Paid-in Capital | 85,434,102 |
Total Distributable Earnings (Loss) | 168,635,540 |
Net Assets | 254,069,642 |
Institutional Shares—Net Assets | |
Applicable to 287,402,938 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 106,753,073 |
Net Asset Value Per Share—Institutional Shares | $371.44 |
Institutional Plus Shares—Net Assets | |
Applicable to 396,619,750 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 147,316,569 |
Net Asset Value Per Share—Institutional Plus Shares | $371.43 |
Six Months Ended June 30, 2023 | |
($000) | |
Investment Income | |
Income | |
Dividends1 | 1,948,796 |
Interest2 | 15,280 |
Securities Lending—Net | 157 |
Total Income | 1,964,233 |
Expenses | |
The Vanguard Group—Note B | |
Investment Advisory Services | 2,557 |
Management and Administrative—Institutional Shares | 14,598 |
Management and Administrative—Institutional Plus Shares | 9,215 |
Marketing and Distribution—Institutional Shares | 1,439 |
Marketing and Distribution—Institutional Plus Shares | 2,269 |
Custodian Fees | 452 |
Shareholders’ Reports—Institutional Shares | 159 |
Shareholders’ Reports—Institutional Plus Shares | 309 |
Trustees’ Fees and Expenses | 61 |
Other Expenses | 29 |
Total Expenses | 31,088 |
Expenses Paid Indirectly | (42) |
Net Expenses | 31,046 |
Net Investment Income | 1,933,187 |
Realized Net Gain (Loss) | |
Investment Securities Sold2,3 | 3,943,654 |
Futures Contracts | 70,311 |
Swap Contracts | 72 |
Realized Net Gain (Loss) | 4,014,037 |
Change in Unrealized Appreciation (Depreciation) | |
Investment Securities2 | 31,299,546 |
Futures Contracts | 30,510 |
Swap Contracts | 2,268 |
Change in Unrealized Appreciation (Depreciation) | 31,332,324 |
Net Increase (Decrease) in Net Assets Resulting from Operations | 37,279,548 |
1 | Dividends are net of foreign withholding taxes of $542,000. |
2 | Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund were $14,405,000, $172,000, and ($109,000), respectively. Purchases and sales are for temporary cash investment purposes. |
3 | Includes $2,593,063,000 of net gain (loss) resulting from in-kind redemptions. |
Six Months Ended June 30, 2023 | Year Ended December 31, 2022 | ||
($000) | ($000) | ||
Increase (Decrease) in Net Assets | |||
Operations | |||
Net Investment Income | 1,933,187 | 4,063,832 | |
Realized Net Gain (Loss) | 4,014,037 | 14,449,875 | |
Change in Unrealized Appreciation (Depreciation) | 31,332,324 | (73,064,052) | |
Net Increase (Decrease) in Net Assets Resulting from Operations | 37,279,548 | (54,550,345) | |
Distributions | |||
Institutional Shares | (1,195,458) | (3,275,361) | |
Institutional Plus Shares | (1,631,240) | (4,563,380) | |
Total Distributions | (2,826,698) | (7,838,741) | |
Capital Share Transactions | |||
Institutional Shares | (4,017,110) | (6,285,999) | |
Institutional Plus Shares | (1,843,467) | (10,703,285) | |
Net Increase (Decrease) from Capital Share Transactions | (5,860,577) | (16,989,284) | |
Total Increase (Decrease) | 28,592,273 | (79,378,370) | |
Net Assets | |||
Beginning of Period | 225,477,369 | 304,855,739 | |
End of Period | 254,069,642 | 225,477,369 |
Institutional Shares | ||||||
For a Share Outstanding Throughout Each Period | Six Months Ended June 30, 2023 | Year Ended December 31, | ||||
2022 | 2021 | 2020 | 2019 | 2018 | ||
Net Asset Value, Beginning of Period | $321.63 | $405.79 | $331.47 | $290.23 | $227.55 | $243.46 |
Investment Operations | ||||||
Net Investment Income1 | 2.780 | 5.515 | 5.048 | 5.261 | 5.203 | 5.059 |
Net Realized and Unrealized Gain (Loss) on Investments | 51.117 | (78.817) | 88.637 | 46.122 | 65.746 | (15.434) |
Total from Investment Operations | 53.897 | (73.302) | 93.685 | 51.383 | 70.949 | (10.375) |
Distributions | ||||||
Dividends from Net Investment Income | (2.825) | (5.584) | (5.199) | (5.273) | (5.550) | (4.837) |
Distributions from Realized Capital Gains | (1.262) | (5.274) | (14.166) | (4.870) | (2.719) | (.698) |
Total Distributions | (4.087) | (10.858) | (19.365) | (10.143) | (8.269) | (5.535) |
Net Asset Value, End of Period | $371.44 | $321.63 | $405.79 | $331.47 | $290.23 | $227.55 |
Total Return | 16.87% | -18.14% | 28.67% | 18.39% | 31.46% | -4.42% |
Ratios/Supplemental Data | ||||||
Net Assets, End of Period (Millions) | $106,753 | $96,179 | $128,441 | $119,012 | $116,814 | $104,296 |
Ratio of Total Expenses to Average Net Assets | 0.035%2 | 0.035%2 | 0.035% | 0.035% | 0.035% | 0.035% |
Ratio of Net Investment Income to Average Net Assets | 1.61% | 1.58% | 1.35% | 1.83% | 1.98% | 2.03% |
Portfolio Turnover Rate3 | 1% | 3% | 3% | 4% | 4% | 6% |
The expense ratio and net investment income ratio for the current period have been annualized. |
1 | Calculated based on average shares outstanding. |
2 | The ratio of expenses to average net assets for the period net of reduction from custody fee offset arrangements was 0.035%. |
3 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares. |
Institutional Plus Shares | ||||||
For a Share Outstanding Throughout Each Period | Six Months Ended June 30, 2023 | Year Ended December 31, | ||||
2022 | 2021 | 2020 | 2019 | 2018 | ||
Net Asset Value, Beginning of Period | $321.62 | $405.80 | $331.48 | $290.25 | $227.57 | $243.48 |
Investment Operations | ||||||
Net Investment Income1 | 2.805 | 5.563 | 5.117 | 5.310 | 5.252 | 5.167 |
Net Realized and Unrealized Gain (Loss) on Investments | 51.118 | (78.832) | 88.627 | 46.108 | 65.739 | (15.503) |
Total from Investment Operations | 53.923 | (73.269) | 93.744 | 51.418 | 70.991 | (10.336) |
Distributions | ||||||
Dividends from Net Investment Income | (2.851) | (5.637) | (5.256) | (5.318) | (5.592) | (4.876) |
Distributions from Realized Capital Gains | (1.262) | (5.274) | (14.168) | (4.870) | (2.719) | (.698) |
Total Distributions | (4.113) | (10.911) | (19.424) | (10.188) | (8.311) | (5.574) |
Net Asset Value, End of Period | $371.43 | $321.62 | $405.80 | $331.48 | $290.25 | $227.57 |
Total Return | 16.88% | -18.13% | 28.69% | 18.41% | 31.48% | -4.41% |
Ratios/Supplemental Data | ||||||
Net Assets, End of Period (Millions) | $147,317 | $129,299 | $176,415 | $142,174 | $125,359 | $95,707 |
Ratio of Total Expenses to Average Net Assets | 0.02%2 | 0.02%2 | 0.02% | 0.02% | 0.02% | 0.02% |
Ratio of Net Investment Income to Average Net Assets | 1.63% | 1.60% | 1.37% | 1.84% | 1.99% | 2.05% |
Portfolio Turnover Rate3 | 1% | 3% | 3% | 4% | 4% | 6% |
The expense ratio and net investment income ratio for the current period have been annualized. |
1 | Calculated based on average shares outstanding. |
2 | The ratio of expenses to average net assets for the period net of reduction from custody fee offset arrangements was 0.02%. |
3 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares. |
A. | The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements. |
B. | In accordance with the terms of a Funds' Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees and are generally settled twice a month. |
C. | The fund’s custodian bank has agreed to reduce its fees when the fund maintains cash on deposit in the non-interest-bearing custody account. For the six months ended June 30, 2023, custodian fee offset arrangements reduced the fund’s expenses by $42,000 (an annual rate of less than 0.01% of average net assets). |
D. | Various inputs may be used to determine the value of the fund’s investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities. |
Level 1 ($000) | Level 2 ($000) | Level 3 ($000) | Total ($000) | |
Investments | ||||
Assets | ||||
Common Stocks | 253,570,625 | — | — | 253,570,625 |
Temporary Cash Investments | 468,694 | — | — | 468,694 |
Total | 254,039,319 | — | — | 254,039,319 |
Derivative Financial Instruments | ||||
Assets | ||||
Futures Contracts1 | 11,168 | — | — | 11,168 |
Swap Contracts | — | 1,137 | — | 1,137 |
Total | 11,168 | 1,137 | — | 12,305 |
Liabilities | ||||
Swap Contracts | — | 23 | — | 23 |
1 | Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments. Only current day’s variation margin is reported within the Statement of Assets and Liabilities. |
E. | As of June 30, 2023, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows: |
Amount ($000) | |
Tax Cost | 89,428,870 |
Gross Unrealized Appreciation | 169,612,193 |
Gross Unrealized Depreciation | (4,990,576) |
Net Unrealized Appreciation (Depreciation) | 164,621,617 |
F. | During the six months ended June 30, 2023, the fund purchased $2,749,769,000 of investment securities and sold $8,684,734,000 of investment securities, other than temporary cash investments. Purchases and sales include $225,895,000 and $3,667,607,000, respectively, in connection with in-kind purchases and redemptions of the fund's capital shares. |
G. | Capital share transactions for each class of shares were: |
Six Months Ended June 30, 2023 | Year Ended December 31, 2022 | ||||
Amount ($000) | Shares (000) | Amount ($000) | Shares (000) | ||
Institutional Shares | |||||
Issued | 5,924,016 | 17,312 | 12,505,429 | 35,741 | |
Issued in Lieu of Cash Distributions | 1,091,748 | 3,202 | 3,010,907 | 8,978 | |
Redeemed | (11,032,874) | (32,145) | (21,802,335) | (62,209) | |
Net Increase (Decrease)—Institutional Shares | (4,017,110) | (11,631) | (6,285,999) | (17,490) | |
Institutional Plus Shares | |||||
Issued | 9,350,150 | 27,254 | 22,460,474 | 63,934 | |
Issued in Lieu of Cash Distributions | 1,566,217 | 4,589 | 4,382,443 | 13,060 | |
Redeemed | (12,759,834) | (37,244) | (37,546,202) | (109,705) | |
Net Increase (Decrease)—Institutional Plus Shares | (1,843,467) | (5,401) | (10,703,285) | (32,711) |
H. | Significant market disruptions, such as those caused by pandemics (e.g., COVID-19 pandemic), natural or environmental disasters, war (e.g., Russia’s invasion of Ukraine), acts of terrorism, or other events, can adversely affect local and global markets and normal market operations. Any such disruptions could have an adverse impact on the value of the fund’s investments and fund performance. |
I. | Management has determined that no events or transactions occurred subsequent to June 30, 2023, that would require recognition or disclosure in these financial statements. |
All rights reserved.
Vanguard Marketing Corporation, Distributor.
About Your Fund’s Expenses | 1 |
Financial Statements | 4 |
Trustees Approve Advisory Arrangement | 54 |
Liquidity Risk Management | 56 |
• | Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The ”Ending Account Value“ shown is derived from the fund‘s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period. |
• | Based on hypothetical 5% yearly return. This section is intended to help you compare your fund‘s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds. |
Six Months Ended June 30, 2023 | |||
Beginning Account Value 12/31/2022 | Ending Account Value 6/30/2023 | Expenses Paid During Period | |
Based on Actual Fund Return | |||
Institutional Total Stock Market Index Fund | |||
Institutional Shares | $1,000.00 | $1,162.00 | $0.16 |
Institutional Plus Shares | 1,000.00 | 1,161.90 | 0.11 |
Based on Hypothetical 5% Yearly Return | |||
Institutional Total Stock Market Index Fund | |||
Institutional Shares | $1,000.00 | $1,024.65 | $0.15 |
Institutional Plus Shares | 1,000.00 | 1,024.70 | 0.10 |
Basic Materials | 2.0% |
Consumer Discretionary | 14.5 |
Consumer Staples | 5.2 |
Energy | 4.3 |
Financials | 10.2 |
Health Care | 12.9 |
Industrials | 13.0 |
Real Estate | 3.0 |
Technology | 29.9 |
Telecommunications | 2.1 |
Utilities | 2.9 |
Other | 0.0 |
Shares | Market Value• ($000) | ||
Common Stocks (99.3%) | |||
Basic Materials (2.0%) | |||
Linde plc | 328,308 | 125,112 | |
Air Products and Chemicals Inc. | 148,694 | 44,538 | |
Freeport-McMoRan Inc. | 958,559 | 38,342 | |
Ecolab Inc. | 171,537 | 32,024 | |
Nucor Corp. | 168,123 | 27,569 | |
Dow Inc. | 473,941 | 25,242 | |
Newmont Corp. | 532,005 | 22,695 | |
Fastenal Co. | 382,265 | 22,550 | |
Albemarle Corp. | 78,407 | 17,492 | |
LyondellBasell Industries NV Class A | 174,079 | 15,986 | |
International Flavors & Fragrances Inc. | 171,633 | 13,660 | |
Steel Dynamics Inc. | 107,201 | 11,677 | |
Reliance Steel & Aluminum Co. | 39,235 | 10,656 | |
Avery Dennison Corp. | 53,768 | 9,237 | |
CF Industries Holdings Inc. | 130,285 | 9,044 | |
FMC Corp. | 83,420 | 8,704 | |
Mosaic Co. | 221,655 | 7,758 | |
Celanese Corp. Class A | 65,792 | 7,619 | |
International Paper Co. | 229,701 | 7,307 | |
Eastman Chemical Co. | 80,608 | 6,748 | |
* | Cleveland-Cliffs Inc. | 346,049 | 5,800 |
Royal Gold Inc. | 43,999 | 5,050 | |
Olin Corp. | 88,286 | 4,537 | |
Hexcel Corp. | 56,664 | 4,308 | |
* | RBC Bearings Inc. | 19,299 | 4,197 |
Commercial Metals Co. | 77,634 | 4,088 | |
Alcoa Corp. | 118,127 | 4,008 | |
Timken Co. | 43,587 | 3,989 | |
UFP Industries Inc. | 39,803 | 3,863 | |
* | Univar Solutions Inc. | 105,507 | 3,781 |
Chemours Co. | 99,070 | 3,655 | |
Valvoline Inc. | 91,363 | 3,427 | |
United States Steel Corp. | 133,266 | 3,333 | |
* | Livent Corp. | 118,775 | 3,258 |
Mueller Industries Inc. | 36,500 | 3,186 | |
Huntsman Corp. | 114,536 | 3,095 | |
Balchem Corp. | 21,787 | 2,937 |
Shares | Market Value• ($000) | ||
Element Solutions Inc. | 146,131 | 2,806 | |
Ashland Inc. | 31,089 | 2,702 | |
Westlake Corp. | 21,298 | 2,544 | |
Avient Corp. | 61,461 | 2,514 | |
Cabot Corp. | 36,935 | 2,471 | |
Boise Cascade Co. | 26,861 | 2,427 | |
* | Arconic Corp. | 69,544 | 2,057 |
Sensient Technologies Corp. | 28,345 | 2,016 | |
Hecla Mining Co. | 388,152 | 1,999 | |
NewMarket Corp. | 4,655 | 1,872 | |
* | MP Materials Corp. | 80,755 | 1,848 |
Quaker Chemical Corp. | 9,425 | 1,837 | |
Carpenter Technology Corp. | 32,584 | 1,829 | |
Scotts Miracle-Gro Co. | 28,203 | 1,768 | |
Innospec Inc. | 16,731 | 1,680 | |
Materion Corp. | 13,913 | 1,589 | |
Worthington Industries Inc. | 20,167 | 1,401 | |
* | Ingevity Corp. | 23,962 | 1,394 |
Stepan Co. | 13,464 | 1,287 | |
Minerals Technologies Inc. | 21,912 | 1,264 | |
Sylvamo Corp. | 24,912 | 1,008 | |
Tronox Holdings plc | 75,701 | 962 | |
Compass Minerals International Inc. | 25,886 | 880 | |
*,1 | Uranium Energy Corp. | 255,883 | 870 |
Ryerson Holding Corp. | 18,905 | 820 | |
* | Ecovyst Inc. | 70,637 | 809 |
* | Piedmont Lithium Inc. | 13,023 | 752 |
Kaiser Aluminum Corp. | 10,346 | 741 | |
GrafTech International Ltd. | 130,921 | 660 | |
* | TimkenSteel Corp. | 30,310 | 654 |
Hawkins Inc. | 13,562 | 647 | |
AdvanSix Inc. | 18,107 | 633 | |
* | Energy Fuels Inc. | 98,692 | 616 |
* | US Silica Holdings Inc. | 49,324 | 598 |
* | Coeur Mining Inc. | 198,148 | 563 |
Mativ Holdings Inc. | 36,224 | 548 | |
Schnitzer Steel Industries Inc. Class A | 15,798 | 474 | |
Koppers Holdings Inc. | 13,873 | 473 | |
Haynes International Inc. | 8,020 | 408 |
Shares | Market Value• ($000) | ||
* | Clearwater Paper Corp. | 12,189 | 382 |
* | LSB Industries Inc. | 38,662 | 381 |
American Vanguard Corp. | 18,120 | 324 | |
* | Century Aluminum Co. | 35,645 | 311 |
*,1 | Origin Materials Inc. | 68,152 | 290 |
Olympic Steel Inc. | 5,760 | 282 | |
Omega Flex Inc. | 2,211 | 229 | |
* | Northwest Pipe Co. | 7,200 | 218 |
* | Rayonier Advanced Materials Inc. | 44,937 | 192 |
FutureFuel Corp. | 19,183 | 170 | |
*,1 | Amyris Inc. | 146,670 | 151 |
Tredegar Corp. | 21,461 | 143 | |
*,1 | Ur-Energy Inc. | 127,999 | 134 |
* | Intrepid Potash Inc. | 5,697 | 129 |
* | Alto Ingredients Inc. | 44,278 | 128 |
* | Dakota Gold Corp. | 34,870 | 102 |
* | Universal Stainless & Alloy Products Inc. | 6,638 | 93 |
Glatfelter Corp. | 29,576 | 89 | |
Northern Technologies International Corp. | 8,108 | 87 | |
Eastern Co. | 4,309 | 78 | |
* | Unifi Inc. | 8,861 | 71 |
* | 5e Advanced Materials Inc. | 21,439 | 70 |
*,1 | NN Inc. | 25,826 | 62 |
* | Perma-Pipe International Holdings Inc. | 5,795 | 55 |
* | Culp Inc. | 10,134 | 50 |
* | Ampco-Pittsburgh Corp. | 12,799 | 41 |
* | US Gold Corp. | 8,013 | 36 |
*,1 | Hycroft Mining Holding Corp. | 110,726 | 33 |
Gold Resource Corp. | 50,034 | 31 | |
* | CPS Technologies Corp. | 9,761 | 27 |
United-Guardian Inc. | 2,129 | 18 | |
* | Ascent Industries Co. | 1,863 | 17 |
* | Golden Minerals Co. | 5,313 | 9 |
* | Comstock Inc. | 10,603 | 8 |
* | Hycroft Mining Holding Corp.Warrants Exp. 10/6/25 | 20,000 | 1 |
587,335 | |||
Consumer Discretionary (14.4%) | |||
* | Amazon.com Inc. | 5,838,067 | 761,050 |
* | Tesla Inc. | 1,803,272 | 472,043 |
Home Depot Inc. | 673,368 | 209,175 | |
Costco Wholesale Corp. | 296,905 | 159,848 | |
Walmart Inc. | 993,597 | 156,174 | |
McDonald's Corp. | 489,492 | 146,069 | |
* | Netflix Inc. | 297,516 | 131,053 |
* | Walt Disney Co. | 1,223,809 | 109,262 |
NIKE Inc. Class B | 825,160 | 91,073 | |
Lowe's Cos. Inc. | 396,368 | 89,460 | |
Starbucks Corp. | 767,828 | 76,061 | |
* | Booking Holdings Inc. | 24,723 | 66,760 |
TJX Cos. Inc. | 771,208 | 65,391 | |
* | Uber Technologies Inc. | 1,286,338 | 55,531 |
* | Activision Blizzard Inc. | 500,308 | 42,176 |
Shares | Market Value• ($000) | ||
Target Corp. | 308,559 | 40,699 | |
Ford Motor Co. | 2,625,112 | 39,718 | |
* | Chipotle Mexican Grill Inc. Class A | 18,457 | 39,480 |
* | O'Reilly Automotive Inc. | 40,735 | 38,914 |
General Motors Co. | 881,512 | 33,991 | |
* | Airbnb Inc. Class A | 248,106 | 31,797 |
Marriott International Inc. Class A | 172,602 | 31,705 | |
* | AutoZone Inc. | 12,318 | 30,713 |
* | Lululemon Athletica Inc. | 77,652 | 29,391 |
Estee Lauder Cos. Inc. Class A | 139,830 | 27,460 | |
* | Copart Inc. | 286,344 | 26,117 |
Yum! Brands Inc. | 188,157 | 26,069 | |
Hilton Worldwide Holdings Inc. | 176,804 | 25,734 | |
Ross Stores Inc. | 228,730 | 25,647 | |
DR Horton Inc. | 204,876 | 24,931 | |
Dollar General Corp. | 146,597 | 24,889 | |
Electronic Arts Inc. | 182,771 | 23,705 | |
* | Trade Desk Inc. Class A | 297,032 | 22,937 |
* | Delta Air Lines Inc. | 429,214 | 20,405 |
Lennar Corp. Class A | 161,586 | 20,248 | |
* | Dollar Tree Inc. | 140,329 | 20,137 |
* | Aptiv plc | 180,072 | 18,384 |
* | Warner Bros Discovery Inc. | 1,464,252 | 18,362 |
* | Take-Two Interactive Software Inc. | 112,819 | 16,602 |
Tractor Supply Co. | 73,149 | 16,173 | |
eBay Inc. | 356,536 | 15,934 | |
Genuine Parts Co. | 93,787 | 15,872 | |
* | Ulta Beauty Inc. | 33,559 | 15,793 |
* | Royal Caribbean Cruises Ltd. | 144,897 | 15,032 |
Southwest Airlines Co. | 397,549 | 14,395 | |
Darden Restaurants Inc. | 80,808 | 13,501 | |
* | Las Vegas Sands Corp. | 229,627 | 13,318 |
* | NVR Inc. | 2,059 | 13,076 |
* | Carnival Corp. | 674,392 | 12,699 |
Omnicom Group Inc. | 133,387 | 12,692 | |
* | United Airlines Holdings Inc. | 218,457 | 11,987 |
PulteGroup Inc. | 149,318 | 11,599 | |
Best Buy Co. Inc. | 131,493 | 10,776 | |
Garmin Ltd. | 102,119 | 10,650 | |
* | Expedia Group Inc. | 95,233 | 10,418 |
LKQ Corp. | 177,789 | 10,360 | |
* | Liberty Media Corp.-Liberty Formula One Class C | 134,957 | 10,160 |
Interpublic Group of Cos. Inc. | 257,154 | 9,921 | |
* | Live Nation Entertainment Inc. | 108,047 | 9,844 |
* | Roblox Corp. Class A | 243,246 | 9,803 |
Pool Corp. | 24,755 | 9,274 | |
* | Deckers Outdoor Corp. | 17,549 | 9,260 |
* | CarMax Inc. | 105,540 | 8,834 |
MGM Resorts International | 192,992 | 8,476 |
Shares | Market Value• ($000) | ||
Domino's Pizza Inc. | 23,721 | 7,994 | |
* | Rivian Automotive Inc. Class A | 472,362 | 7,870 |
* | American Airlines Group Inc. | 438,183 | 7,861 |
BorgWarner Inc. (XNYS) | 157,276 | 7,692 | |
Aramark | 175,449 | 7,553 | |
* | Five Below Inc. | 37,066 | 7,285 |
Rollins Inc. | 165,947 | 7,108 | |
* | Floor & Decor Holdings Inc. Class A | 67,143 | 6,980 |
* | DraftKings Inc. Class A | 261,990 | 6,961 |
* | Etsy Inc. | 82,020 | 6,940 |
* | Caesars Entertainment Inc. | 135,407 | 6,902 |
* | Burlington Stores Inc. | 43,693 | 6,877 |
Vail Resorts Inc. | 27,258 | 6,862 | |
Wynn Resorts Ltd. | 64,581 | 6,820 | |
Tapestry Inc. | 153,207 | 6,557 | |
Churchill Downs Inc. | 45,160 | 6,285 | |
Fox Corp. Class A | 180,895 | 6,150 | |
* | Norwegian Cruise Line Holdings Ltd. | 281,856 | 6,136 |
Service Corp. International | 94,892 | 6,129 | |
News Corp. Class A | 301,034 | 5,870 | |
Hasbro Inc. | 88,142 | 5,709 | |
* | BJ's Wholesale Club Holdings Inc. | 89,881 | 5,663 |
Lear Corp. | 39,084 | 5,611 | |
Lithia Motors Inc. Class A | 18,333 | 5,575 | |
Toll Brothers Inc. | 70,222 | 5,552 | |
Bath & Body Works Inc. | 146,137 | 5,480 | |
Whirlpool Corp. | 36,802 | 5,476 | |
Williams-Sonoma Inc. | 42,635 | 5,335 | |
1 | Paramount Global Class B | 331,835 | 5,279 |
Dick's Sporting Goods Inc. | 39,623 | 5,238 | |
Texas Roadhouse Inc. Class A | 45,379 | 5,095 | |
* | SiteOne Landscape Supply Inc. | 30,114 | 5,040 |
* | Skechers USA Inc. | 88,560 | 4,664 |
* | Mattel Inc. | 235,929 | 4,610 |
Gentex Corp. | 157,066 | 4,596 | |
* | Alaska Air Group Inc. | 85,613 | 4,553 |
* | Crocs Inc. | 39,940 | 4,491 |
Tempur Sealy International Inc. | 111,143 | 4,454 | |
VF Corp. | 232,143 | 4,432 | |
Polaris Inc. | 35,396 | 4,280 | |
*,1 | GameStop Corp. Class A | 176,122 | 4,271 |
* | Light & Wonder Inc. | 60,078 | 4,131 |
Murphy USA Inc. | 13,141 | 4,088 | |
New York Times Co. Class A | 103,109 | 4,060 | |
* | AutoNation Inc. | 24,377 | 4,013 |
Wingstop Inc. | 19,953 | 3,994 | |
* | elf Beauty Inc. | 34,777 | 3,973 |
Wyndham Hotels & Resorts Inc. | 56,654 | 3,885 |
Shares | Market Value• ($000) | ||
* | Planet Fitness Inc. Class A | 56,346 | 3,800 |
Nexstar Media Group Inc. Class A | 22,638 | 3,770 | |
* | Bright Horizons Family Solutions Inc. | 39,340 | 3,637 |
*,1 | Lucid Group Inc. | 525,058 | 3,618 |
1 | U-Haul Holding Co. | 71,294 | 3,612 |
* | RH | 10,946 | 3,608 |
* | Wayfair Inc. Class A | 54,524 | 3,545 |
PVH Corp. | 41,418 | 3,519 | |
* | Taylor Morrison Home Corp. Class A | 70,027 | 3,415 |
* | Asbury Automotive Group Inc. | 14,158 | 3,404 |
Thor Industries Inc. | 32,827 | 3,398 | |
* | Liberty Media Corp.- Liberty SiriusXM Class C | 103,471 | 3,387 |
Hyatt Hotels Corp. Class A | 29,184 | 3,344 | |
Meritage Homes Corp. | 23,470 | 3,339 | |
H&R Block Inc. | 103,010 | 3,283 | |
Boyd Gaming Corp. | 46,298 | 3,212 | |
* | Duolingo Inc. | 21,694 | 3,101 |
Harley-Davidson Inc. | 87,818 | 3,092 | |
* | Capri Holdings Ltd. | 84,708 | 3,040 |
Ralph Lauren Corp. Class A | 24,626 | 3,036 | |
* | Fox Factory Holding Corp. | 27,821 | 3,019 |
* | Avis Budget Group Inc. | 13,153 | 3,008 |
World Wrestling Entertainment Inc. Class A | 27,144 | 2,944 | |
Macy's Inc. | 177,916 | 2,856 | |
* | Coty Inc. Class A | 230,664 | 2,835 |
* | Visteon Corp. | 19,234 | 2,762 |
Advance Auto Parts Inc. | 39,100 | 2,749 | |
Academy Sports & Outdoors Inc. | 50,341 | 2,721 | |
Fox Corp. Class B | 84,785 | 2,704 | |
* | Goodyear Tire & Rubber Co. | 193,553 | 2,648 |
KB Home | 50,671 | 2,620 | |
Leggett & Platt Inc. | 86,511 | 2,562 | |
* | Chewy Inc. Class A | 64,041 | 2,528 |
Marriott Vacations Worldwide Corp. | 20,538 | 2,520 | |
Wendy's Co. | 115,352 | 2,509 | |
* | Penn Entertainment Inc. | 103,615 | 2,490 |
Choice Hotels International Inc. | 21,055 | 2,474 | |
* | Endeavor Group Holdings Inc. Class A | 103,384 | 2,473 |
* | Ollie's Bargain Outlet Holdings Inc. | 41,934 | 2,429 |
TEGNA Inc. | 146,927 | 2,386 | |
Penske Automotive Group Inc. | 14,092 | 2,348 | |
Group 1 Automotive Inc. | 9,085 | 2,345 | |
* | Skyline Champion Corp. | 35,831 | 2,345 |
Shares | Market Value• ($000) | ||
* | Hilton Grand Vacations Inc. | 51,131 | 2,323 |
* | YETI Holdings Inc. | 57,772 | 2,244 |
* | Tri Pointe Homes Inc. | 66,693 | 2,192 |
Newell Brands Inc. | 249,616 | 2,172 | |
* | Grand Canyon Education Inc. | 20,893 | 2,156 |
Madison Square Garden Sports Corp. | 11,346 | 2,134 | |
LCI Industries | 16,452 | 2,079 | |
Warner Music Group Corp. Class A | 76,641 | 2,000 | |
Rush Enterprises Inc. Class A | 32,766 | 1,990 | |
* | Lyft Inc. Class A | 205,559 | 1,971 |
Lennar Corp. Class B | 17,145 | 1,937 | |
* | JetBlue Airways Corp. | 215,814 | 1,912 |
Signet Jewelers Ltd. | 29,152 | 1,902 | |
Travel & Leisure Co. | 46,877 | 1,891 | |
* | Shake Shack Inc. Class A | 24,315 | 1,890 |
* | Topgolf Callaway Brands Corp. | 92,471 | 1,836 |
Columbia Sportswear Co. | 23,568 | 1,820 | |
* | Frontdoor Inc. | 56,285 | 1,795 |
* | LGI Homes Inc. | 13,277 | 1,791 |
MDC Holdings Inc. | 38,058 | 1,780 | |
1 | Sirius XM Holdings Inc. | 389,372 | 1,764 |
* | Boot Barn Holdings Inc. | 20,779 | 1,760 |
* | Helen of Troy Ltd. | 16,213 | 1,751 |
Carter's Inc. | 24,014 | 1,743 | |
Foot Locker Inc. | 63,724 | 1,728 | |
Gap Inc. | 191,643 | 1,711 | |
Kohl's Corp. | 73,811 | 1,701 | |
* | Cavco Industries Inc. | 5,653 | 1,668 |
*,1 | Carvana Co. Class A | 63,646 | 1,650 |
* | Peloton Interactive Inc. Class A | 214,407 | 1,649 |
Bloomin' Brands Inc. | 60,594 | 1,629 | |
* | Liberty Media Corp.- Liberty SiriusXM Class A | 49,253 | 1,616 |
Inter Parfums Inc. | 11,848 | 1,602 | |
Red Rock Resorts Inc. Class A | 34,103 | 1,595 | |
Papa John's International Inc. | 21,573 | 1,593 | |
* | Hertz Global Holdings Inc. | 86,582 | 1,592 |
Kontoor Brands Inc. | 37,688 | 1,587 | |
*,1 | AMC Entertainment Holdings Inc. Class A | 347,855 | 1,531 |
Steven Madden Ltd. | 46,782 | 1,529 | |
* | M/I Homes Inc. | 17,187 | 1,499 |
Century Communities Inc. | 19,473 | 1,492 | |
Dana Inc. | 87,173 | 1,482 | |
* | Dorman Products Inc. | 18,497 | 1,458 |
* | ACV Auctions Inc. Class A | 83,863 | 1,448 |
American Eagle Outfitters Inc. | 122,397 | 1,444 | |
Graham Holdings Co. Class B | 2,475 | 1,414 |
Shares | Market Value• ($000) | ||
*,1 | QuantumScape Corp. Class A | 173,563 | 1,387 |
Cracker Barrel Old Country Store Inc. | 14,823 | 1,381 | |
* | Urban Outfitters Inc. | 40,777 | 1,351 |
* | Sonos Inc. | 82,428 | 1,346 |
Jack in the Box Inc. | 13,777 | 1,344 | |
Winnebago Industries Inc. | 19,890 | 1,326 | |
* | SeaWorld Entertainment Inc. | 23,589 | 1,321 |
* | Allegiant Travel Co. | 10,439 | 1,318 |
Nordstrom Inc. | 63,848 | 1,307 | |
* | Cinemark Holdings Inc. | 76,393 | 1,260 |
* | Gentherm Inc. | 22,060 | 1,247 |
* | Six Flags Entertainment Corp. | 47,710 | 1,240 |
Spirit Airlines Inc. | 71,316 | 1,224 | |
PriceSmart Inc. | 16,310 | 1,208 | |
* | Abercrombie & Fitch Co. Class A | 32,027 | 1,207 |
* | National Vision Holdings Inc. | 49,678 | 1,207 |
Laureate Education Inc. | 98,831 | 1,195 | |
* | PowerSchool Holdings Inc. Class A | 62,376 | 1,194 |
* | SkyWest Inc. | 28,851 | 1,175 |
*,1 | Luminar Technologies Inc. Class A | 168,978 | 1,163 |
* | OPENLANE Inc. | 75,934 | 1,156 |
* | XPEL Inc. | 13,474 | 1,135 |
Acushnet Holdings Corp. | 20,601 | 1,126 | |
* | Dave & Buster's Entertainment Inc. | 25,199 | 1,123 |
* | Lions Gate Entertainment Corp. Class B | 132,810 | 1,109 |
* | Leslie's Inc. | 117,351 | 1,102 |
* | Knowles Corp. | 60,853 | 1,099 |
* | Brinker International Inc. | 29,436 | 1,077 |
Cheesecake Factory Inc. | 30,958 | 1,071 | |
* | Under Armour Inc. Class C | 159,105 | 1,068 |
Hanesbrands Inc. | 234,173 | 1,063 | |
* | Driven Brands Holdings Inc. | 39,223 | 1,061 |
* | Vista Outdoor Inc. | 38,253 | 1,058 |
* | Stride Inc. | 28,088 | 1,046 |
* | ODP Corp. | 21,735 | 1,018 |
* | Overstock.com Inc. | 31,116 | 1,013 |
Strategic Education Inc. | 14,933 | 1,013 | |
* | PROG Holdings Inc. | 31,363 | 1,007 |
* | Adtalem Global Education Inc. | 29,300 | 1,006 |
* | Green Brick Partners Inc. | 17,691 | 1,005 |
* | TripAdvisor Inc. | 60,905 | 1,004 |
* | Liberty Media Corp.- Liberty Braves Class C | 25,103 | 995 |
* | Central Garden & Pet Co. Class A | 27,139 | 989 |
Oxford Industries Inc. | 9,862 | 971 |
Shares | Market Value• ($000) | ||
* | Victoria's Secret & Co. | 55,270 | 963 |
John Wiley & Sons Inc. Class A | 27,867 | 948 | |
Upbound Group Inc. | 30,229 | 941 | |
* | Everi Holdings Inc. | 62,567 | 905 |
* | Cars.com Inc. | 45,132 | 895 |
1 | Dillard's Inc. Class A | 2,730 | 891 |
* | Sally Beauty Holdings Inc. | 71,509 | 883 |
Levi Strauss & Co. Class A | 59,902 | 864 | |
HNI Corp. | 30,591 | 862 | |
Monro Inc. | 21,155 | 860 | |
Matthews International Corp. Class A | 20,116 | 857 | |
* | Integral Ad Science Holding Corp. | 47,527 | 855 |
* | Malibu Boats Inc. Class A | 14,262 | 837 |
* | Coursera Inc. | 63,335 | 825 |
La-Z-Boy Inc. | 28,402 | 813 | |
*,1 | Fisker Inc. | 143,257 | 808 |
Camping World Holdings Inc. Class A | 26,449 | 796 | |
* | Sweetgreen Inc. Class A | 61,906 | 794 |
*,1 | Dutch Bros Inc. Class A | 27,533 | 783 |
Wolverine World Wide Inc. | 53,188 | 781 | |
* | Liberty Media Corp.- Liberty Formula One Class A | 11,386 | 770 |
* | Madison Square Garden Entertainment Corp. Class A | 22,541 | 758 |
* | iRobot Corp. | 16,643 | 753 |
MillerKnoll Inc. | 49,480 | 731 | |
* | Portillo's Inc. Class A | 32,325 | 728 |
Scholastic Corp. | 18,698 | 727 | |
* | Chegg Inc. | 80,503 | 715 |
* | Sabre Corp. | 216,323 | 690 |
Buckle Inc. | 19,649 | 680 | |
* | Life Time Group Holdings Inc. | 33,980 | 668 |
Sturm Ruger & Co. Inc. | 12,500 | 662 | |
1 | Krispy Kreme Inc. | 44,682 | 658 |
Monarch Casino & Resort Inc. | 9,218 | 649 | |
* | Figs Inc. Class A | 78,063 | 646 |
Winmark Corp. | 1,916 | 637 | |
*,1 | Mister Car Wash Inc. | 65,586 | 633 |
* | Beazer Homes USA Inc. | 22,150 | 627 |
* | Sun Country Airlines Holdings Inc. | 27,708 | 623 |
* | American Axle & Manufacturing Holdings Inc. | 75,117 | 621 |
* | Arlo Technologies Inc. | 56,712 | 619 |
Caleres Inc. | 24,915 | 596 | |
Dine Brands Global Inc. | 10,255 | 595 | |
* | Under Armour Inc. Class A | 81,958 | 592 |
Shares | Market Value• ($000) | ||
News Corp. Class B | 29,413 | 580 | |
*,1 | Udemy Inc. | 52,666 | 565 |
* | Thryv Holdings Inc. | 22,895 | 563 |
* | Perdoceo Education Corp. | 45,012 | 552 |
* | Chuy's Holdings Inc. | 13,436 | 548 |
* | Clean Energy Fuels Corp. | 106,924 | 530 |
* | Sphere Entertainment Co. | 19,139 | 524 |
* | G-III Apparel Group Ltd. | 27,065 | 522 |
* | Golden Entertainment Inc. | 12,431 | 520 |
A-Mark Precious Metals Inc. | 13,688 | 512 | |
* | MarineMax Inc. | 14,879 | 508 |
Sonic Automotive Inc. Class A | 10,568 | 504 | |
Standard Motor Products Inc. | 13,104 | 492 | |
* | BJ's Restaurants Inc. | 15,369 | 489 |
* | Denny's Corp. | 39,034 | 481 |
Steelcase Inc. Class A | 62,262 | 480 | |
* | Rover Group Inc. Class A | 96,941 | 476 |
* | Cava Group Inc. | 11,397 | 467 |
* | Petco Health & Wellness Co. Inc. Class A | 52,385 | 466 |
* | Corsair Gaming Inc. | 26,195 | 465 |
* | Chico's FAS Inc. | 81,758 | 437 |
RCI Hospitality Holdings Inc. | 5,747 | 437 | |
* | Revolve Group Inc. | 26,633 | 437 |
Ethan Allen Interiors Inc. | 15,402 | 436 | |
Franchise Group Inc. | 15,116 | 433 | |
1 | Guess? Inc. | 22,115 | 430 |
* | Accel Entertainment Inc. Class A | 40,447 | 427 |
Smith & Wesson Brands Inc. | 32,321 | 421 | |
Arko Corp. | 51,833 | 412 | |
Gray Television Inc. | 51,919 | 409 | |
* | Sleep Number Corp. | 14,580 | 398 |
* | Stagwell Inc. Class A | 55,124 | 397 |
Designer Brands Inc. Class A | 38,330 | 387 | |
* | EW Scripps Co. Class A | 41,692 | 381 |
* | Master Craft Boat Holdings Inc. | 12,305 | 377 |
* | WW International Inc. | 54,055 | 363 |
Interface Inc. Class A | 41,128 | 362 | |
* | GoPro Inc. Class A | 85,360 | 353 |
Sinclair Inc. | 25,561 | 353 | |
* | European Wax Center Inc. Class A | 18,699 | 348 |
* | America's Car-Mart Inc. | 3,394 | 339 |
* | Clear Channel Outdoor Holdings Inc. | 246,338 | 337 |
* | Hawaiian Holdings Inc. | 30,994 | 334 |
* | Kura Sushi USA Inc. Class A | 3,583 | 333 |
* | Vizio Holding Corp. Class A | 49,371 | 333 |
Shares | Market Value• ($000) | ||
* | Stoneridge Inc. | 17,614 | 332 |
* | Bally's Corp. | 21,317 | 332 |
* | Hovnanian Enterprises Inc. Class A | 3,253 | 323 |
* | Viad Corp. | 12,029 | 323 |
* | Bowlero Corp. | 27,538 | 321 |
*,1 | Dream Finders Homes Inc. Class A | 12,815 | 315 |
* | Boston Omaha Corp. Class A | 15,917 | 300 |
* | Xponential Fitness Inc. Class A | 17,297 | 298 |
* | QuinStreet Inc. | 33,170 | 293 |
Movado Group Inc. | 10,544 | 283 | |
* | Daily Journal Corp. | 973 | 281 |
* | AMC Networks Inc. Class A | 23,493 | 281 |
Shoe Carnival Inc. | 11,853 | 278 | |
Carriage Services Inc. Class A | 8,442 | 274 | |
Marcus Corp. | 18,310 | 272 | |
Hibbett Inc. | 7,283 | 264 | |
* | iHeartMedia Inc. Class A | 72,097 | 262 |
*,1 | Mondee Holdings Inc. Class A | 28,801 | 257 |
*,1 | Playstudios Inc. | 51,558 | 253 |
* | Sciplay Corp. Class A | 12,827 | 252 |
* | Lovesac Co. | 9,258 | 250 |
Haverty Furniture Cos. Inc. | 8,222 | 248 | |
1 | Cricut Inc. Class A | 20,354 | 248 |
* | First Watch Restaurant Group Inc. | 14,373 | 243 |
Aaron's Co. Inc. | 17,073 | 241 | |
* | Qurate Retail Inc. Series A | 235,205 | 233 |
* | Eastman Kodak Co. | 49,398 | 228 |
* | OneWater Marine Inc. Class A | 6,228 | 226 |
* | Funko Inc. Class A | 20,786 | 225 |
* | Gannett Co. Inc. | 99,686 | 224 |
*,1 | Vuzix Corp. | 43,358 | 221 |
Build-A-Bear Workshop Inc. | 10,326 | 221 | |
* | Genesco Inc. | 8,794 | 220 |
* | Quotient Technology Inc. | 56,827 | 218 |
* | Stitch Fix Inc. Class A | 53,913 | 208 |
* | Lindblad Expeditions Holdings Inc. | 18,807 | 205 |
*,1 | SES AI Corp. | 83,738 | 204 |
* | 2U Inc. | 50,097 | 202 |
* | Liberty Media Corp.- Liberty Braves Class A | 4,820 | 197 |
Bluegreen Vacations Holding Class A | 5,516 | 197 | |
* | Outbrain Inc. | 39,790 | 196 |
* | Central Garden & Pet Co. | 4,784 | 185 |
* | Cooper-Standard Holdings Inc. | 12,960 | 185 |
*,1 | Blink Charging Co. | 30,055 | 180 |
* | Frontier Group Holdings Inc. | 18,228 | 176 |
* | Potbelly Corp. | 19,904 | 175 |
Shares | Market Value• ($000) | ||
Johnson Outdoors Inc. Class A | 2,828 | 174 | |
* | Destination XL Group Inc. | 35,517 | 174 |
Alta Equipment Group Inc. | 10,011 | 173 | |
* | Selectquote Inc. | 87,993 | 172 |
* | Angi Inc. Class A | 51,757 | 171 |
* | Liquidity Services Inc. | 10,233 | 169 |
* | Zumiez Inc. | 10,066 | 168 |
* | Holley Inc. | 41,174 | 168 |
* | Universal Technical Institute Inc. | 23,386 | 162 |
* | Children's Place Inc. | 6,889 | 160 |
Clarus Corp. | 17,555 | 160 | |
Entravision Communications Corp. Class A | 36,315 | 159 | |
Big Lots Inc. | 17,757 | 157 | |
* | Century Casinos Inc. | 21,934 | 156 |
*,1 | Canoo Inc. | 324,220 | 155 |
* | Red Robin Gourmet Burgers Inc. | 10,926 | 151 |
* | VOXX International Corp. Class A | 11,691 | 146 |
* | 1-800-Flowers.com Inc. Class A | 18,559 | 145 |
1 | Big 5 Sporting Goods Corp. | 15,749 | 144 |
Hooker Furnishings Corp. | 7,614 | 142 | |
* | Solo Brands Inc. Class A | 24,888 | 141 |
* | Vera Bradley Inc. | 21,968 | 140 |
* | Full House Resorts Inc. | 20,813 | 139 |
*,1 | Faraday Future Intelligent Electric Inc. | 692,261 | 138 |
Weyco Group Inc. | 4,853 | 130 | |
* | LiveOne Inc. | 74,074 | 130 |
*,1 | Sportsman's Warehouse Holdings Inc. | 22,550 | 129 |
Marine Products Corp. | 7,669 | 129 | |
Nathan's Famous Inc. | 1,617 | 127 | |
* | Cardlytics Inc. | 19,912 | 126 |
El Pollo Loco Holdings Inc. | 14,342 | 126 | |
* | PlayAGS Inc. | 22,237 | 126 |
* | Tile Shop Holdings Inc. | 22,718 | 126 |
* | Turtle Beach Corp. | 10,541 | 123 |
*,1 | RealReal Inc. | 54,992 | 122 |
* | Snap One Holdings Corp. | 10,397 | 121 |
* | Tilly's Inc. Class A | 17,104 | 120 |
*,1 | AMMO Inc. | 56,158 | 120 |
* | Nerdy Inc. | 28,833 | 120 |
* | Biglari Holdings Inc. Class A | 123 | 117 |
*,1 | Arhaus Inc. | 11,188 | 117 |
* | CarParts.com Inc. | 27,126 | 115 |
* | Rush Street Interactive Inc. | 36,535 | 114 |
* | Citi Trends Inc. | 6,412 | 113 |
Townsquare Media Inc. Class A | 9,337 | 111 |
Shares | Market Value• ($000) | ||
* | Legacy Housing Corp. | 4,622 | 107 |
Rocky Brands Inc. | 5,039 | 106 | |
* | Latham Group Inc. | 28,563 | 106 |
1 | Purple Innovation Inc. Class A | 37,652 | 105 |
* | Fiesta Restaurant Group Inc. | 13,035 | 104 |
* | ONE Group Hospitality Inc. | 14,056 | 103 |
1 | Escalade Inc. | 7,622 | 102 |
* | Emerald Holding Inc. | 24,384 | 100 |
* | Motorcar Parts of America Inc. | 12,730 | 99 |
* | Noodles & Co. Class A | 29,201 | 99 |
Bassett Furniture Industries Inc. | 6,604 | 99 | |
Cato Corp. Class A | 12,211 | 98 | |
* | Mesa Air Group Inc. | 38,440 | 98 |
*,1 | ContextLogic Inc. Class A | 14,814 | 97 |
* | J Jill Inc. | 4,459 | 96 |
* | American Outdoor Brands Inc. | 10,588 | 92 |
Climb Global Solutions Inc. | 1,899 | 91 | |
*,1 | Lincoln Educational Services Corp. | 13,255 | 89 |
* | Lands' End Inc. | 11,262 | 87 |
Acme United Corp. | 3,499 | 87 | |
Lakeland Industries Inc. | 6,065 | 87 | |
* | ThredUP Inc. Class A | 35,387 | 86 |
* | Allbirds Inc. Class A | 66,954 | 84 |
* | Carrols Restaurant Group Inc. | 16,092 | 81 |
* | Fossil Group Inc. | 31,352 | 81 |
Superior Group of Cos. Inc. | 8,674 | 81 | |
* | JAKKS Pacific Inc. | 4,046 | 81 |
* | LL Flooring Holdings Inc. | 20,606 | 79 |
* | Superior Industries International Inc. | 21,922 | 79 |
Flexsteel Industries Inc. | 3,943 | 78 | |
* | Loop Media Inc. | 32,468 | 78 |
* | Universal Electronics Inc. | 7,869 | 76 |
Hamilton Beach Brands Holding Co. Class A | 7,791 | 75 | |
* | Container Store Group Inc. | 23,135 | 73 |
* | Urban One Inc. | 12,009 | 72 |
* | Traeger Inc. | 16,967 | 72 |
*,1 | Reservoir Media Inc. | 11,962 | 72 |
* | BARK Inc. | 53,111 | 71 |
* | Sonder Holdings Inc. | 130,633 | 69 |
* | Duluth Holdings Inc. Class B | 10,724 | 67 |
* | Lazydays Holdings Inc. | 5,685 | 66 |
* | Spruce Power Holding Corp. | 81,716 | 66 |
* | RumbleON Inc. Class B | 5,260 | 65 |
Lifetime Brands Inc. | 10,315 | 58 | |
*,1 | Delta Apparel Inc. | 5,376 | 56 |
Shares | Market Value• ($000) | ||
Canterbury Park Holding Corp. | 2,370 | 55 | |
* | Strattec Security Corp. | 2,980 | 54 |
* | American Public Education Inc. | 11,060 | 52 |
* | Cumulus Media Inc. Class A | 11,766 | 48 |
*,1 | Vacasa Inc. Class A | 70,753 | 48 |
* | Conn's Inc. | 11,815 | 44 |
*,1 | Regis Corp. | 39,526 | 44 |
* | Lee Enterprises Inc. | 3,230 | 44 |
*,1 | Red Cat Holdings Inc. | 36,630 | 44 |
*,1 | Genius Brands International Inc. | 21,261 | 41 |
NL Industries Inc. | 7,172 | 40 | |
* | Liberty TripAdvisor Holdings Inc. Class A | 60,450 | 39 |
* | Rent the Runway Inc. Class A | 19,110 | 38 |
* | Harte Hanks Inc. | 6,868 | 38 |
* | Barnes & Noble Education Inc. | 27,832 | 35 |
* | Inspirato Inc. | 35,714 | 35 |
* | Polished.com Inc. | 73,266 | 34 |
* | Charles & Colvard Ltd. | 31,847 | 30 |
Ark Restaurants Corp. | 1,632 | 30 | |
* | Savers Value Village Inc. | 1,256 | 30 |
*,1 | Kirkland's Inc. | 10,411 | 29 |
*,1 | Focus Universal Inc. | 19,046 | 29 |
Saga Communications Inc. Class A | 1,303 | 28 | |
* | Gaia Inc. Class A | 11,846 | 27 |
* | Brilliant Earth Group Inc. Class A | 6,975 | 27 |
*,1 | Express Inc. | 43,691 | 26 |
* | Nautilus Inc. | 21,129 | 26 |
* | Tupperware Brands Corp. | 32,267 | 26 |
* | Lulu's Fashion Lounge Holdings Inc. | 9,663 | 24 |
* | Fluent Inc. | 35,496 | 22 |
*,1 | BurgerFi International Inc. | 14,006 | 22 |
*,1 | Hall of Fame Resort & Entertainment Co. | 1,701 | 18 |
*,1 | CuriosityStream Inc. | 17,896 | 17 |
* | Live Ventures Inc. | 636 | 17 |
*,1 | Owlet Inc. | 49,876 | 17 |
* | Ondas Holdings Inc. | 18,924 | 16 |
*,1 | Shift Technologies Inc. | 7,599 | 16 |
* | Koss Corp. | 3,956 | 15 |
*,1 | Aterian Inc. | 31,270 | 14 |
* | Wheels Up Experience Inc. | 11,867 | 14 |
* | XWELL Inc. | 62,337 | 13 |
* | F45 Training Holdings Inc. | 21,692 | 11 |
1 | JOANN Inc. | 10,928 | 10 |
*,1 | Cineverse Corp. | 5,250 | 10 |
* | Chicken Soup For The Soul Entertainment Inc. | 6,233 | 7 |
* | Educational Development Corp. | 5,525 | 7 |
* | Mullen Automotive Inc. | 35,823 | 4 |
Shares | Market Value• ($000) | ||
* | Arcimoto Inc. | 838 | 1 |
4,197,257 | |||
Consumer Staples (5.1%) | |||
Procter & Gamble Co. | 1,578,524 | 239,525 | |
PepsiCo Inc. | 923,631 | 171,075 | |
Coca-Cola Co. | 2,610,716 | 157,217 | |
Philip Morris International Inc. | 1,039,237 | 101,450 | |
Mondelez International Inc. Class A | 911,979 | 66,520 | |
CVS Health Corp. | 857,671 | 59,291 | |
Altria Group Inc. | 1,194,649 | 54,118 | |
Colgate-Palmolive Co. | 555,973 | 42,832 | |
McKesson Corp. | 90,639 | 38,731 | |
Kimberly-Clark Corp. | 226,133 | 31,220 | |
General Mills Inc. | 393,104 | 30,151 | |
* | Monster Beverage Corp. | 488,186 | 28,041 |
Archer-Daniels-Midland Co. | 364,092 | 27,511 | |
Constellation Brands Inc. Class A | 110,024 | 27,080 | |
Corteva Inc. | 451,265 | 25,858 | |
Sysco Corp. | 339,122 | 25,163 | |
Hershey Co. | 98,633 | 24,629 | |
AmerisourceBergen Corp. Class A | 114,834 | 22,098 | |
Keurig Dr Pepper Inc. | 657,068 | 20,547 | |
Kroger Co. | 431,638 | 20,287 | |
Kraft Heinz Co. | 533,726 | 18,947 | |
Church & Dwight Co. Inc. | 162,135 | 16,251 | |
McCormick & Co. Inc. | 167,104 | 14,577 | |
Brown-Forman Corp. Class B | 211,263 | 14,108 | |
Walgreens Boots Alliance Inc. | 493,165 | 14,050 | |
Clorox Co. | 82,064 | 13,052 | |
Kellogg Co. | 171,923 | 11,588 | |
Lamb Weston Holdings Inc. | 96,950 | 11,144 | |
Conagra Brands Inc. | 317,545 | 10,708 | |
J M Smucker Co. | 67,214 | 9,926 | |
Tyson Foods Inc. Class A | 189,804 | 9,688 | |
Bunge Ltd. | 100,416 | 9,474 | |
Molson Coors Beverage Co. Class B | 120,093 | 7,907 | |
Hormel Foods Corp. | 181,910 | 7,316 | |
* | Darling Ingredients Inc. | 106,274 | 6,779 |
* | US Foods Holding Corp. | 148,162 | 6,519 |
* | Performance Food Group Co. | 103,571 | 6,239 |
Casey's General Stores Inc. | 25,034 | 6,105 | |
Campbell Soup Co. | 131,849 | 6,027 | |
Albertsons Cos. Inc. Class A | 213,185 | 4,652 | |
Ingredion Inc. | 42,380 | 4,490 | |
* | Celsius Holdings Inc. | 27,978 | 4,174 |
* | BellRing Brands Inc. | 87,757 | 3,212 |
* | Post Holdings Inc. | 34,473 | 2,987 |
Flowers Foods Inc. | 115,092 | 2,864 |
Shares | Market Value• ($000) | ||
Lancaster Colony Corp. | 13,055 | 2,625 | |
* | Sprouts Farmers Market Inc. | 70,922 | 2,605 |
* | Simply Good Foods Co. | 64,352 | 2,355 |
* | Hostess Brands Inc. Class A | 89,355 | 2,263 |
*,1 | Freshpet Inc. | 32,714 | 2,153 |
Spectrum Brands Holdings Inc. | 27,501 | 2,146 | |
* | Boston Beer Co. Inc. Class A | 6,391 | 1,971 |
Brown-Forman Corp. Class A | 28,845 | 1,964 | |
Coca-Cola Consolidated Inc. | 2,988 | 1,900 | |
* | TreeHouse Foods Inc. | 37,231 | 1,876 |
* | Grocery Outlet Holding Corp. | 59,378 | 1,818 |
WD-40 Co. | 9,512 | 1,794 | |
Energizer Holdings Inc. | 48,773 | 1,638 | |
Edgewell Personal Care Co. | 30,970 | 1,279 | |
Primo Water Corp. | 101,519 | 1,273 | |
J & J Snack Foods Corp. | 7,965 | 1,261 | |
Cal-Maine Foods Inc. | 25,985 | 1,169 | |
MGP Ingredients Inc. | 10,383 | 1,104 | |
Nu Skin Enterprises Inc. Class A | 32,408 | 1,076 | |
Reynolds Consumer Products Inc. | 36,175 | 1,022 | |
Vector Group Ltd. | 77,460 | 992 | |
Andersons Inc. | 20,676 | 954 | |
* | Chefs' Warehouse Inc. | 26,092 | 933 |
* | Herbalife Ltd. | 65,312 | 865 |
* | National Beverage Corp. | 16,730 | 809 |
* | United Natural Foods Inc. | 41,043 | 802 |
Ingles Markets Inc. Class A | 9,621 | 795 | |
* | Hain Celestial Group Inc. | 62,284 | 779 |
Universal Corp. | 15,569 | 778 | |
Utz Brands Inc. | 45,503 | 744 | |
1 | B&G Foods Inc. | 49,858 | 694 |
Weis Markets Inc. | 10,664 | 685 | |
Medifast Inc. | 7,137 | 658 | |
1 | Fresh Del Monte Produce Inc. | 24,940 | 641 |
* | Sovos Brands Inc. | 31,052 | 607 |
John B Sanfilippo & Son Inc. | 5,143 | 603 | |
Seaboard Corp. | 164 | 584 | |
* | Vita Coco Co. Inc. | 21,221 | 570 |
SpartanNash Co. | 22,503 | 507 | |
*,1 | Beyond Meat Inc. | 38,167 | 495 |
* | Pilgrim's Pride Corp. | 22,927 | 493 |
* | USANA Health Sciences Inc. | 7,790 | 491 |
* | Beauty Health Co. | 54,526 | 456 |
* | Duckhorn Portfolio Inc. | 29,525 | 383 |
* | Mission Produce Inc. | 30,100 | 365 |
ACCO Brands Corp. | 64,127 | 334 |
Shares | Market Value• ($000) | ||
Tootsie Roll Industries Inc. | 9,405 | 333 | |
Calavo Growers Inc. | 10,546 | 306 | |
Turning Point Brands Inc. | 11,917 | 286 | |
Oil-Dri Corp. of America | 4,396 | 259 | |
* | Westrock Coffee Co. | 23,696 | 258 |
* | Olaplex Holdings Inc. | 66,359 | 247 |
Limoneira Co. | 12,875 | 200 | |
1 | PetMed Express Inc. | 14,496 | 200 |
* | Lifecore Biomedical Inc. | 19,810 | 192 |
* | Vital Farms Inc. | 13,714 | 164 |
*,1 | Brookfield Realty Capital Corp. | 27,699 | 143 |
* | Seneca Foods Corp. Class A | 4,151 | 136 |
* | GrowGeneration Corp. | 35,962 | 122 |
* | Whole Earth Brands Inc. | 29,083 | 117 |
* | Nature's Sunshine Products Inc. | 8,283 | 113 |
* | HF Foods Group Inc. | 23,456 | 110 |
* | Benson Hill Inc. | 76,425 | 99 |
Natural Grocers by Vitamin Cottage Inc. | 7,685 | 94 | |
* | ProPhase Labs Inc. | 12,254 | 89 |
Alico Inc. | 2,955 | 75 | |
Village Super Market Inc. Class A | 2,979 | 68 | |
*,1 | Rite Aid Corp. | 37,698 | 57 |
* | Honest Co. Inc. | 33,940 | 57 |
*,1 | 22nd Century Group Inc. | 124,979 | 48 |
*,1 | Veru Inc. | 39,389 | 47 |
Lifevantage Corp. | 10,023 | 44 | |
*,1 | PLBY Group Inc. | 26,318 | 44 |
* | Zevia PBC Class A | 9,474 | 41 |
* | Farmer Bros Co. | 11,334 | 31 |
*,1 | Vintage Wine Estates Inc. | 27,397 | 23 |
* | S&W Seed Co. | 18,009 | 22 |
*,1 | Bridgford Foods Corp. | 1,495 | 17 |
*,1 | AppHarvest Inc. | 43,890 | 16 |
*,1 | Tattooed Chef Inc. | 27,167 | 15 |
* | AquaBounty Technologies Inc. | 28,890 | 10 |
*,1 | Alkaline Water Co. Inc. | 5,421 | 8 |
*,1 | MedAvail Holdings Inc. | 20,325 | 5 |
*,1 | Blue Apron Hldgs Inc. Class A | 695 | 4 |
* | Local Bounti Corp. | 1,120 | 3 |
1,492,540 | |||
Energy (4.3%) | |||
Exxon Mobil Corp. | 2,707,267 | 290,354 | |
Chevron Corp. | 1,205,690 | 189,715 | |
ConocoPhillips | 811,071 | 84,035 | |
Schlumberger NV | 953,175 | 46,820 | |
EOG Resources Inc. | 391,303 | 44,781 | |
Marathon Petroleum Corp. | 284,042 | 33,119 | |
Pioneer Natural Resources Co. | 156,392 | 32,401 | |
Phillips 66 | 308,581 | 29,432 | |
Valero Energy Corp. | 242,044 | 28,392 | |
Williams Cos. Inc. | 816,140 | 26,631 |
Shares | Market Value• ($000) | ||
Occidental Petroleum Corp. | 448,022 | 26,344 | |
Hess Corp. | 184,220 | 25,045 | |
Cheniere Energy Inc. | 154,541 | 23,546 | |
Kinder Morgan Inc. | 1,278,624 | 22,018 | |
Baker Hughes Co. Class A | 676,637 | 21,389 | |
Devon Energy Corp. | 428,969 | 20,736 | |
ONEOK Inc. | 299,157 | 18,464 | |
Halliburton Co. | 541,495 | 17,864 | |
Diamondback Energy Inc. | 120,691 | 15,854 | |
* | Enphase Energy Inc. | 91,685 | 15,355 |
* | First Solar Inc. | 67,771 | 12,883 |
Coterra Energy Inc. | 480,233 | 12,150 | |
Targa Resources Corp. | 150,781 | 11,474 | |
EQT Corp. | 240,404 | 9,888 | |
Marathon Oil Corp. | 412,746 | 9,501 | |
Chesapeake Energy Corp. | 84,778 | 7,094 | |
APA Corp. | 205,842 | 7,034 | |
Ovintiv Inc. (XNYS) | 163,563 | ���6,227 | |
Texas Pacific Land Corp. | 4,171 | 5,491 | |
Range Resources Corp. | 156,100 | 4,589 | |
* | Southwestern Energy Co. | 743,895 | 4,471 |
HF Sinclair Corp. | 95,792 | 4,273 | |
NOV Inc. | 264,794 | 4,247 | |
ChampionX Corp. | 133,439 | 4,142 | |
*,1 | Plug Power Inc. | 397,877 | 4,134 |
PDC Energy Inc. | 58,037 | 4,129 | |
* | Antero Resources Corp. | 178,687 | 4,115 |
Chord Energy Corp. | 26,528 | 4,080 | |
Matador Resources Co. | 77,086 | 4,033 | |
Civitas Resources Inc. | 54,376 | 3,772 | |
Murphy Oil Corp. | 97,927 | 3,751 | |
* | Transocean Ltd. (XNYS) | 469,425 | 3,291 |
DTE Midstream LLC | 64,744 | 3,209 | |
* | Weatherford International plc | 47,686 | 3,167 |
PBF Energy Inc. Class A | 75,186 | 3,078 | |
* | Noble Corp. plc | 73,167 | 3,023 |
* | Shoals Technologies Group Inc. Class A | 111,399 | 2,847 |
* | Denbury Inc. | 32,727 | 2,823 |
Antero Midstream Corp. | 232,876 | 2,701 | |
Magnolia Oil & Gas Corp. Class A | 124,382 | 2,600 | |
Equitrans Midstream Corp. | 269,591 | 2,577 | |
SM Energy Co. | 78,994 | 2,499 | |
Arcosa Inc. | 31,457 | 2,384 | |
* | Array Technologies Inc. | 99,377 | 2,246 |
Helmerich & Payne Inc. | 62,767 | 2,225 | |
California Resources Corp. | 46,799 | 2,120 | |
Northern Oil and Gas Inc. | 56,456 | 1,938 | |
* | CNX Resources Corp. | 102,150 | 1,810 |
Peabody Energy Corp. | 82,648 | 1,790 |
Shares | Market Value• ($000) | ||
Permian resources Corp. Class A | 163,166 | 1,788 | |
Cactus Inc. Class A | 41,405 | 1,752 | |
*,1 | ChargePoint Holdings Inc. | 198,716 | 1,747 |
* | Tidewater Inc. | 31,210 | 1,730 |
Patterson-UTI Energy Inc. | 126,587 | 1,515 | |
* | Callon Petroleum Co. | 41,338 | 1,450 |
Liberty Energy Inc. Class A | 108,151 | 1,446 | |
1 | Sitio Royalties Corp. Class A | 53,876 | 1,415 |
Warrior Met Coal Inc. | 35,534 | 1,384 | |
Alpha Metallurgical Resources Inc. | 8,422 | 1,384 | |
Arch Resources Inc. | 11,719 | 1,321 | |
* | NEXTracker Inc. Class A | 32,616 | 1,298 |
* | Oceaneering International Inc. | 66,532 | 1,244 |
* | Green Plains Inc. | 37,690 | 1,215 |
CONSOL Energy Inc. | 17,514 | 1,188 | |
* | NexTier Oilfield Solutions Inc. | 129,860 | 1,161 |
New Fortress Energy Inc. | 41,736 | 1,118 | |
* | Ameresco Inc. Class A | 21,746 | 1,058 |
Delek US Holdings Inc. | 44,001 | 1,054 | |
* | Talos Energy Inc. | 74,404 | 1,032 |
Archrock Inc. | 99,777 | 1,023 | |
* | Diamond Offshore Drilling Inc. | 69,498 | 990 |
* | Par Pacific Holdings Inc. | 35,804 | 953 |
World Fuel Services Corp. | 40,140 | 830 | |
Core Laboratories Inc. | 32,248 | 750 | |
*,1 | Fluence Energy Inc. | 27,715 | 738 |
Comstock Resources Inc. | 63,137 | 732 | |
* | Gulfport Energy Corp. | 6,965 | 732 |
* | NOW Inc. | 70,580 | 731 |
* | Helix Energy Solutions Group Inc. | 98,673 | 728 |
* | Earthstone Energy Inc. Class A | 44,140 | 631 |
* | Nabors Industries Ltd. (XNYS) | 6,548 | 609 |
* | Vital Energy Inc. | 12,913 | 583 |
*,1 | SunPower Corp. | 58,871 | 577 |
* | Stem Inc. | 100,623 | 576 |
* | ProPetro Holding Corp. | 69,420 | 572 |
CVR Energy Inc. | 19,053 | 571 | |
*,1 | FuelCell Energy Inc. | 259,196 | 560 |
* | MRC Global Inc. | 54,151 | 545 |
* | NextDecade Corp. | 63,693 | 523 |
* | Dril-Quip Inc. | 21,948 | 511 |
* | Tellurian Inc. | 346,130 | 488 |
Select Water Solutions Inc. | 56,344 | 456 | |
SunCoke Energy Inc. | 56,539 | 445 | |
RPC Inc. | 61,215 | 438 | |
* | Bristow Group Inc. | 14,607 | 420 |
* | REX American Resources Corp. | 11,214 | 390 |
Shares | Market Value• ($000) | ||
1 | Kinetik Holdings Inc. Class A | 10,216 | 359 |
SandRidge Energy Inc. | 20,819 | 317 | |
* | Oil States International Inc. | 41,067 | 307 |
* | SilverBow Resources Inc. | 10,473 | 305 |
* | Montauk Renewables Inc. | 38,927 | 290 |
Vitesse Energy Inc. | 12,846 | 288 | |
*,1 | EVgo Inc. | 69,821 | 279 |
* | TETRA Technologies Inc. | 81,233 | 275 |
VAALCO Energy Inc. | 72,818 | 274 | |
Berry Corp. | 37,707 | 259 | |
* | TPI Composites Inc. | 25,015 | 259 |
* | Centrus Energy Corp. Class A | 7,633 | 249 |
* | Newpark Resources Inc. | 47,154 | 247 |
* | Gevo Inc. | 161,777 | 246 |
Crescent Energy Co. Class A | 23,490 | 245 | |
* | DMC Global Inc. | 13,419 | 238 |
* | W&T Offshore Inc. | 60,181 | 233 |
* | SEACOR Marine Holdings Inc. | 18,771 | 215 |
Enviva Inc. | 19,768 | 214 | |
1 | Atlas Energy Solutions Inc. Class A | 11,770 | 204 |
* | Amplify Energy Corp. | 28,902 | 196 |
* | Forum Energy Technologies Inc. | 7,505 | 192 |
Evolution Petroleum Corp. | 22,455 | 181 | |
* | Solid Power Inc. | 71,191 | 181 |
Solaris Oilfield Infrastructure Inc. Class A | 20,364 | 170 | |
* | ProFrac Holding Corp. Class A | 15,223 | 170 |
Granite Ridge Resources Inc. | 22,016 | 146 | |
*,1 | Aemetis Inc. | 19,744 | 145 |
1 | Riley Exploration Permian Inc. | 3,903 | 139 |
Ramaco Resources Inc. Class A | 15,478 | 131 | |
NACCO Industries Inc. Class A | 3,559 | 123 | |
* | American Superconductor Corp. | 19,441 | 122 |
* | Matrix Service Co. | 20,138 | 119 |
*,1 | OPAL Fuels Inc. Class A | 15,456 | 115 |
* | FTC Solar Inc. | 33,881 | 109 |
* | Natural Gas Services Group Inc. | 10,759 | 107 |
PHX Minerals Inc. | 32,792 | 102 | |
* | Ranger Energy Services Inc. | 9,731 | 100 |
* | Ring Energy Inc. | 58,009 | 99 |
* | Geospace Technologies Corp. | 11,189 | 87 |
* | Hallador Energy Co. | 10,094 | 87 |
*,1 | Ideal Power Inc. | 6,716 | 79 |
Epsilon Energy Ltd. | 14,306 | 76 |
Shares | Market Value• ($000) | ||
*,1 | KLX Energy Services Holdings Inc. | 7,734 | 75 |
*,1 | Beam Global | 5,797 | 60 |
* | Empire Petroleum Corp. | 5,806 | 53 |
*,1 | American Resources Corp. | 26,674 | 52 |
*,1 | Flotek Industries Inc. | 66,667 | 49 |
* | Nine Energy Service Inc. | 11,327 | 43 |
* | ESS Tech Inc. | 27,503 | 40 |
* | Gulf Island Fabrication Inc. | 10,847 | 35 |
* | Kodiak Gas Services Inc. | 2,184 | 35 |
* | Battalion Oil Corp. | 5,921 | 34 |
* | Ramaco Resources Inc. Class B | 3,095 | 33 |
* | Heliogen Inc. | 113,216 | 28 |
* | Ocean Power Technologies Inc. | 41,515 | 25 |
* | Sunworks Inc. | 21,967 | 25 |
* | Capstone Green Energy Corp. | 13,423 | 16 |
*,1 | Advent Technologies Holdings Inc. | 15,880 | 9 |
*,1 | Camber Energy Inc. | 3,384 | 2 |
*,2 | Alta Mesa Resources Inc. Class A | 103,408 | — |
1,243,396 | |||
Financials (10.1%) | |||
* | Berkshire Hathaway Inc. Class B | 1,175,785 | 400,943 |
JPMorgan Chase & Co. | 1,956,504 | 284,554 | |
Bank of America Corp. | 4,536,948 | 130,165 | |
Wells Fargo & Co. | 2,511,676 | 107,198 | |
S&P Global Inc. | 214,847 | 86,130 | |
Goldman Sachs Group Inc. | 222,766 | 71,851 | |
Morgan Stanley | 839,199 | 71,668 | |
Marsh & McLennan Cos. Inc. | 332,032 | 62,449 | |
BlackRock Inc. | 85,240 | 58,913 | |
Charles Schwab Corp. | 1,006,411 | 57,043 | |
Citigroup Inc. | 1,238,640 | 57,027 | |
Chubb Ltd. | 277,800 | 53,493 | |
Progressive Corp. | 391,729 | 51,853 | |
Aon plc Class A (XNYS) | 130,064 | 44,898 | |
CME Group Inc. | 241,048 | 44,664 | |
Blackstone Inc. | 472,254 | 43,905 | |
Intercontinental Exchange Inc. | 374,940 | 42,398 | |
Moody's Corp. | 104,442 | 36,317 | |
US Bancorp | 1,024,847 | 33,861 | |
PNC Financial Services Group Inc. | 266,846 | 33,609 | |
Arthur J Gallagher & Co. | 143,404 | 31,487 | |
American International Group Inc. | 483,698 | 27,832 | |
Truist Financial Corp. | 890,030 | 27,012 | |
Travelers Cos. Inc. | 154,564 | 26,842 | |
Aflac Inc. | 364,166 | 25,419 | |
KKR & Co. Inc. | 431,707 | 24,176 | |
MSCI Inc. Class A | 50,878 | 23,877 |
Shares | Market Value• ($000) | ||
Ameriprise Financial Inc. | 69,550 | 23,102 | |
Bank of New York Mellon Corp. | 501,779 | 22,339 | |
MetLife Inc. | 384,144 | 21,716 | |
Prudential Financial Inc. | 243,511 | 21,483 | |
Apollo Global Management Inc. | 264,078 | 20,284 | |
Discover Financial Services | 169,267 | 19,779 | |
Allstate Corp. | 175,505 | 19,137 | |
* | Arch Capital Group Ltd. | 235,627 | 17,637 |
* | Berkshire Hathaway Inc. Class A | 34 | 17,606 |
T Rowe Price Group Inc. | 149,801 | 16,781 | |
Willis Towers Watson plc | 71,167 | 16,760 | |
State Street Corp. | 211,756 | 15,496 | |
Hartford Financial Services Group Inc. | 206,390 | 14,864 | |
M&T Bank Corp. | 110,501 | 13,676 | |
Raymond James Financial Inc. | 127,151 | 13,194 | |
Nasdaq Inc. | 262,285 | 13,075 | |
Broadridge Financial Solutions Inc. | 78,603 | 13,019 | |
Principal Financial Group Inc. | 163,063 | 12,367 | |
Fifth Third Bancorp | 456,567 | 11,967 | |
* | Markel Group Inc. | 8,417 | 11,642 |
LPL Financial Holdings Inc. | 51,942 | 11,294 | |
Regions Financial Corp. | 621,526 | 11,076 | |
Brown & Brown Inc. | 152,550 | 10,502 | |
Huntington Bancshares Inc. | 958,282 | 10,330 | |
FactSet Research Systems Inc. | 25,595 | 10,255 | |
Ares Management Corp. Class A | 106,379 | 10,250 | |
Cincinnati Financial Corp. | 105,149 | 10,233 | |
Everest Re Group Ltd. | 29,014 | 9,919 | |
Northern Trust Corp. | 132,245 | 9,805 | |
Cboe Global Markets Inc. | 70,883 | 9,783 | |
First Citizens BancShares Inc. Class A | 6,730 | 8,638 | |
Citizens Financial Group Inc. | 306,368 | 7,990 | |
W R Berkley Corp. | 129,976 | 7,741 | |
Loews Corp. | 128,796 | 7,648 | |
*,1 | Coinbase Global Inc. Class A | 99,795 | 7,140 |
MarketAxess Holdings Inc. | 25,344 | 6,625 | |
Annaly Capital Management Inc. | 326,587 | 6,535 | |
Equitable Holdings Inc. | 237,946 | 6,463 | |
Globe Life Inc. | 57,259 | 6,277 | |
Reinsurance Group of America Inc. | 45,020 | 6,244 |
Shares | Market Value• ($000) | ||
RenaissanceRe Holdings Ltd. | 33,439 | 6,237 | |
Fidelity National Financial Inc. | 170,980 | 6,155 | |
KeyCorp. | 631,877 | 5,839 | |
American Financial Group Inc. | 48,732 | 5,787 | |
Kinsale Capital Group Inc. | 14,600 | 5,463 | |
Interactive Brokers Group Inc. Class A | 65,588 | 5,448 | |
New York Community Bancorp Inc. | 480,539 | 5,401 | |
Carlyle Group Inc. | 168,078 | 5,370 | |
Unum Group | 111,324 | 5,310 | |
Franklin Resources Inc. | 198,297 | 5,297 | |
Tradeweb Markets Inc. Class A | 75,983 | 5,203 | |
Invesco Ltd. | 302,868 | 5,091 | |
East West Bancorp Inc. | 95,840 | 5,059 | |
Ally Financial Inc. | 180,250 | 4,869 | |
Primerica Inc. | 24,465 | 4,838 | |
SEI Investments Co. | 79,661 | 4,749 | |
Voya Financial Inc. | 63,342 | 4,542 | |
Webster Financial Corp. | 118,546 | 4,475 | |
*,1 | SoFi Technologies Inc. | 532,153 | 4,438 |
Assurant Inc. | 35,275 | 4,435 | |
Old Republic International Corp. | 175,729 | 4,423 | |
Cullen/Frost Bankers Inc. | 38,168 | 4,104 | |
AGNC Investment Corp. | 403,277 | 4,085 | |
* | Robinhood Markets Inc. Class A | 409,331 | 4,085 |
Stifel Financial Corp. | 67,754 | 4,043 | |
First Horizon Corp. | 353,161 | 3,980 | |
Selective Insurance Group Inc. | 40,685 | 3,904 | |
RLI Corp. | 28,511 | 3,891 | |
1 | Starwood Property Trust Inc. | 196,884 | 3,820 |
Comerica Inc. | 89,056 | 3,772 | |
First American Financial Corp. | 65,893 | 3,757 | |
Commerce Bancshares Inc. | 75,809 | 3,692 | |
Jefferies Financial Group Inc. | 111,208 | 3,689 | |
Affiliated Managers Group Inc. | 24,246 | 3,634 | |
OneMain Holdings Inc. | 81,558 | 3,563 | |
Blue Owl Capital Inc. Class A | 304,101 | 3,543 | |
Erie Indemnity Co. Class A | 16,763 | 3,520 | |
Houlihan Lokey Inc. Class A | 34,311 | 3,373 | |
Morningstar Inc. | 17,187 | 3,370 | |
SouthState Corp. | 50,774 | 3,341 | |
Prosperity Bancshares Inc. | 58,779 | 3,320 | |
Essent Group Ltd. | 65,838 | 3,081 | |
Bank OZK | 75,330 | 3,025 |
Shares | Market Value• ($000) | ||
MGIC Investment Corp. | 191,561 | 3,025 | |
Lincoln National Corp. | 115,878 | 2,985 | |
Rithm Capital Corp. | 318,922 | 2,982 | |
Wintrust Financial Corp. | 40,841 | 2,966 | |
* | Ryan Specialty Holdings Inc. Class A | 66,033 | 2,964 |
Evercore Inc. Class A | 23,437 | 2,897 | |
Popular Inc. | 47,656 | 2,884 | |
Home BancShares Inc. | 123,670 | 2,820 | |
FNB Corp. | 244,740 | 2,800 | |
Pinnacle Financial Partners Inc. | 48,988 | 2,775 | |
Axis Capital Holdings Ltd. | 51,167 | 2,754 | |
Columbia Banking System Inc. | 135,537 | 2,749 | |
Old National Bancorp | 196,353 | 2,737 | |
Synovus Financial Corp. | 90,240 | 2,730 | |
Zions Bancorp NA | 101,611 | 2,729 | |
United Bankshares Inc. | 90,817 | 2,695 | |
American Equity Investment Life Holding Co. | 50,576 | 2,636 | |
First Financial Bankshares Inc. | 90,995 | 2,592 | |
Western Alliance Bancorp | 70,979 | 2,589 | |
SLM Corp. | 157,629 | 2,572 | |
Radian Group Inc. | 100,776 | 2,548 | |
Janus Henderson Group plc | 88,666 | 2,416 | |
Hanover Insurance Group Inc. | 21,295 | 2,407 | |
Cadence Bank | 122,281 | 2,402 | |
Glacier Bancorp Inc. | 74,556 | 2,324 | |
Lazard Ltd. Class A | 72,319 | 2,314 | |
FirstCash Holdings Inc. | 24,698 | 2,305 | |
White Mountains Insurance Group Ltd. | 1,638 | 2,275 | |
1 | Blackstone Mortgage Trust Inc. Class A | 107,589 | 2,239 |
*,1 | Credit Acceptance Corp. | 4,395 | 2,232 |
Valley National Bancorp | 287,749 | 2,230 | |
Hancock Whitney Corp. | 55,244 | 2,120 | |
Assured Guaranty Ltd. | 37,797 | 2,109 | |
Kemper Corp. | 43,462 | 2,097 | |
* | Mr Cooper Group Inc. | 41,361 | 2,095 |
Federated Hermes Inc. | 57,229 | 2,052 | |
* | Brighthouse Financial Inc. | 43,045 | 2,038 |
* | Enstar Group Ltd. | 8,299 | 2,027 |
Corebridge Financial Inc. | 111,220 | 1,964 | |
* | Focus Financial Partners Inc. Class A | 37,360 | 1,962 |
Moelis & Co. Class A | 43,176 | 1,958 |
Shares | Market Value• ($000) | ||
United Community Banks Inc. | 73,955 | 1,848 | |
CNO Financial Group Inc. | 74,219 | 1,757 | |
*,1 | Upstart Holdings Inc. | 48,805 | 1,748 |
Hamilton Lane Inc. Class A | 21,660 | 1,732 | |
Artisan Partners Asset Management Inc. Class A | 43,736 | 1,719 | |
Jackson Financial Inc. Class A | 55,274 | 1,692 | |
* | Texas Capital Bancshares Inc. | 32,818 | 1,690 |
Community Bank System Inc. | 35,689 | 1,673 | |
International Bancshares Corp. | 37,827 | 1,672 | |
UMB Financial Corp. | 25,928 | 1,579 | |
Walker & Dunlop Inc. | 19,706 | 1,559 | |
WSFS Financial Corp. | 41,209 | 1,554 | |
Associated Banc-Corp. | 95,065 | 1,543 | |
Cathay General Bancorp | 47,646 | 1,534 | |
1 | Arbor Realty Trust Inc. | 103,324 | 1,531 |
First Hawaiian Inc. | 85,011 | 1,531 | |
* | Genworth Financial Inc. Class A | 305,707 | 1,529 |
*,1 | Marathon Digital Holdings Inc. | 110,235 | 1,528 |
* | Axos Financial Inc. | 38,493 | 1,518 |
First BanCorp. (XNYS) | 123,738 | 1,512 | |
Ameris Bancorp | 43,922 | 1,503 | |
Piper Sandler Cos. | 11,465 | 1,482 | |
* | NMI Holdings Inc. Class A | 55,188 | 1,425 |
First Interstate BancSystem Inc. Class A | 59,214 | 1,412 | |
Simmons First National Corp. Class A | 81,787 | 1,411 | |
*,1 | Riot Platforms Inc. | 115,512 | 1,365 |
ServisFirst Bancshares Inc. | 32,769 | 1,341 | |
Pacific Premier Bancorp Inc. | 63,789 | 1,319 | |
Fulton Financial Corp. | 110,430 | 1,316 | |
Eastern Bankshares Inc. | 106,600 | 1,308 | |
Atlantic Union Bankshares Corp. | 50,023 | 1,298 | |
Independent Bank Corp. (XNGS) | 28,893 | 1,286 | |
BOK Financial Corp. | 15,812 | 1,277 | |
Seacoast Banking Corp. of Florida | 56,326 | 1,245 | |
First Financial Bancorp | 59,891 | 1,224 | |
TPG Inc. | 41,360 | 1,210 | |
Ready Capital Corp. | 106,799 | 1,205 | |
Washington Federal Inc. | 44,892 | 1,191 | |
CVB Financial Corp. | 89,568 | 1,189 | |
PennyMac Financial Services Inc. | 16,856 | 1,185 | |
First Merchants Corp. | 40,486 | 1,143 | |
* | Bancorp Inc. | 34,904 | 1,140 |
BankUnited Inc. | 51,659 | 1,113 | |
Navient Corp. | 59,638 | 1,108 |
Shares | Market Value• ($000) | ||
* | Enova International Inc. | 20,806 | 1,105 |
Virtu Financial Inc. Class A | 64,437 | 1,101 | |
BancFirst Corp. | 11,959 | 1,100 | |
Apollo Commercial Real Estate Finance Inc. | 96,220 | 1,089 | |
Bank of Hawaii Corp. | 26,327 | 1,085 | |
Towne Bank | 46,646 | 1,084 | |
BGC Partners Inc. Class A | 239,583 | 1,061 | |
* | BRP Group Inc. Class A | 42,054 | 1,042 |
PJT Partners Inc. Class A | 14,780 | 1,029 | |
Banner Corp. | 23,079 | 1,008 | |
Park National Corp. | 9,719 | 994 | |
WesBanco Inc. | 38,638 | 990 | |
* | StoneX Group Inc. | 11,916 | 990 |
Hilltop Holdings Inc. | 30,799 | 969 | |
1 | Chimera Investment Corp. | 167,331 | 965 |
Enterprise Financial Services Corp. | 23,928 | 936 | |
Cohen & Steers Inc. | 15,906 | 922 | |
Virtus Investment Partners Inc. | 4,650 | 918 | |
* | Goosehead Insurance Inc. Class A | 14,407 | 906 |
Claros Mortgage Trust Inc. | 79,885 | 906 | |
* | Palomar Holdings Inc. | 15,554 | 903 |
Two Harbors Investment Corp. | 65,080 | 903 | |
* | Triumph Financial Inc. | 14,784 | 898 |
Compass Diversified Holdings | 41,066 | 891 | |
NBT Bancorp Inc. | 27,682 | 882 | |
Northwest Bancshares Inc. | 81,861 | 868 | |
Pathward Financial Inc. | 18,572 | 861 | |
City Holding Co. | 9,521 | 857 | |
StepStone Group Inc. Class A | 34,477 | 855 | |
First Bancorp (XNGS) | 28,252 | 840 | |
Renasant Corp. | 31,910 | 834 | |
Federal Agricultural Mortgage Corp. Class C | 5,779 | 831 | |
Independent Bank Group Inc. | 23,889 | 825 | |
Ladder Capital Corp. Class A | 76,036 | 825 | |
* | Cannae Holdings Inc. | 40,295 | 814 |
Horace Mann Educators Corp. | 27,455 | 814 | |
Stock Yards Bancorp Inc. | 17,861 | 810 | |
* | Clearwater Analytics Holdings Inc. Class A | 50,668 | 804 |
Victory Capital Holdings Inc. Class A | 25,414 | 802 | |
Lakeland Financial Corp. | 16,473 | 799 |
Shares | Market Value• ($000) | ||
First Commonwealth Financial Corp. | 62,287 | 788 | |
Nelnet Inc. Class A | 8,086 | 780 | |
Trustmark Corp. | 36,658 | 774 | |
Provident Financial Services Inc. | 47,282 | 773 | |
PennyMac Mortgage Investment Trust | 57,037 | 769 | |
*,1 | Lemonade Inc. | 45,006 | 758 |
Stewart Information Services Corp. | 18,263 | 751 | |
* | Oscar Health Inc. Class A | 92,576 | 746 |
* | Open Lending Corp. Class A | 70,364 | 740 |
Franklin BSP Realty Trust Inc. REIT | 52,036 | 737 | |
National Bank Holdings Corp. Class A | 25,248 | 733 | |
* | Encore Capital Group Inc. | 14,909 | 725 |
Employers Holdings Inc. | 19,360 | 724 | |
ARMOUR Residential REIT Inc. | 135,695 | 723 | |
Safety Insurance Group Inc. | 9,855 | 707 | |
First Busey Corp. | 35,148 | 706 | |
*,1 | Rocket Cos. Inc. Class A | 77,800 | 697 |
Stellar Bancorp Inc. | 30,307 | 694 | |
S&T Bancorp Inc. | 25,485 | 693 | |
New York Mortgage Trust Inc. | 69,753 | 692 | |
AMERISAFE Inc. | 12,816 | 683 | |
Westamerica BanCorp. | 17,673 | 677 | |
FB Financial Corp. | 23,950 | 672 | |
Argo Group International Holdings Ltd. | 22,697 | 672 | |
Hope Bancorp Inc. | 78,564 | 661 | |
Heartland Financial USA Inc. | 23,470 | 654 | |
MFA Financial Inc. REIT | 58,088 | 653 | |
Sandy Spring Bancorp Inc. | 28,706 | 651 | |
* | LendingClub Corp. | 66,705 | 650 |
1 | Ellington Financial Inc. | 46,885 | 647 |
PacWest Bancorp | 79,171 | 645 | |
TriCo Bancshares | 19,340 | 642 | |
Peoples Bancorp Inc. | 24,137 | 641 | |
OFG Bancorp | 24,221 | 632 | |
Brightspire Capital Inc. Class A | 92,816 | 625 | |
Berkshire Hills Bancorp Inc. | 29,869 | 619 | |
Veritex Holdings Inc. | 34,055 | 611 | |
Bank First Corp. | 7,301 | 607 | |
WisdomTree Inc. | 87,812 | 602 | |
Redwood Trust Inc. | 93,982 | 599 | |
OceanFirst Financial Corp. | 38,025 | 594 | |
Origin Bancorp Inc. | 19,475 | 571 | |
* | PRA Group Inc. | 25,009 | 571 |
* | Avantax Inc. | 25,467 | 570 |
Shares | Market Value• ($000) | ||
Nicolet Bankshares Inc. | 8,372 | 569 | |
Southside Bancshares Inc. | 21,385 | 559 | |
* | SiriusPoint Ltd. | 61,350 | 554 |
National Western Life Group Inc. Class A | 1,325 | 551 | |
Enact Holdings Inc. | 21,697 | 545 | |
Lakeland Bancorp Inc. | 40,156 | 538 | |
ProAssurance Corp. | 35,652 | 538 | |
Mercury General Corp. | 17,747 | 537 | |
1 | B Riley Financial Inc. | 11,399 | 524 |
Capitol Federal Financial Inc. | 83,506 | 515 | |
* | Customers Bancorp Inc. | 16,967 | 513 |
German American Bancorp Inc. | 18,387 | 500 | |
Live Oak Bancshares Inc. | 18,725 | 493 | |
Brightsphere Investment Group Inc. | 23,285 | 488 | |
* | Trupanion Inc. | 24,296 | 478 |
Brookline Bancorp Inc. | 54,309 | 475 | |
Eagle Bancorp Inc. | 21,788 | 461 | |
Preferred Bank | 8,386 | 461 | |
Tompkins Financial Corp. | 8,236 | 459 | |
Dynex Capital Inc. | 33,541 | 422 | |
QCR Holdings Inc. | 10,278 | 422 | |
* | Ambac Financial Group Inc. | 29,552 | 421 |
First Bancorp Inc. (XNMS) | 15,859 | 410 | |
* | Assetmark Financial Holdings Inc. | 13,572 | 403 |
ConnectOne Bancorp Inc. | 24,205 | 402 | |
United Fire Group Inc. | 17,731 | 402 | |
KKR Real Estate Finance Trust Inc. | 32,945 | 401 | |
Premier Financial Corp. | 24,679 | 395 | |
Dime Community Bancshares Inc. | 21,596 | 381 | |
Banc of California Inc. | 32,726 | 379 | |
James River Group Holdings Ltd. | 20,375 | 372 | |
Community Trust Bancorp Inc. | 9,971 | 355 | |
Heritage Financial Corp. | 21,778 | 352 | |
Old Second Bancorp Inc. | 26,576 | 347 | |
* | Columbia Financial Inc. | 19,953 | 345 |
Farmers National Banc Corp. | 27,614 | 342 | |
1 | UWM Holdings Corp. | 60,612 | 339 |
Amerant Bancorp Inc. | 19,654 | 338 | |
TrustCo Bank Corp. NY | 11,528 | 330 | |
Northfield Bancorp Inc. | 29,814 | 327 | |
* | EZCorp. Inc. Class A | 38,810 | 325 |
Univest Financial Corp. | 17,983 | 325 | |
Universal Insurance Holdings Inc. | 20,437 | 315 |
Shares | Market Value• ($000) | ||
Orchid Island Capital Inc. | 30,262 | 313 | |
Great Southern Bancorp Inc. | 6,158 | 312 | |
Heritage Commerce Corp. | 37,367 | 309 | |
First Mid Bancshares Inc. | 12,765 | 308 | |
Diamond Hill Investment Group Inc. | 1,783 | 305 | |
Byline Bancorp Inc. | 16,831 | 304 | |
HCI Group Inc. | 4,916 | 304 | |
Kearny Financial Corp. | 43,112 | 304 | |
TPG RE Finance Trust Inc. | 41,064 | 304 | |
F&G Annuities & Life Inc. | 11,867 | 294 | |
Hanmi Financial Corp. | 19,616 | 293 | |
* | Coastal Financial Corp. | 7,793 | 293 |
Washington Trust Bancorp Inc. | 10,901 | 292 | |
Camden National Corp. | 9,320 | 289 | |
Mercantile Bank Corp. | 10,446 | 289 | |
* | World Acceptance Corp. | 2,153 | 289 |
P10 Inc. Class A | 25,496 | 288 | |
1 | NewtekOne Inc. | 18,078 | 287 |
Merchants Bancorp | 11,200 | 286 | |
Peapack-Gladstone Financial Corp. | 10,493 | 284 | |
Midland States Bancorp Inc. | 14,003 | 279 | |
TFS Financial Corp. | 22,162 | 279 | |
1 | NexPoint Diversified Real Estate Trust | 22,210 | 278 |
* | CrossFirst Bankshares Inc. | 27,698 | 277 |
CNB Financial Corp. | 15,254 | 269 | |
* | MBIA Inc. | 30,978 | 268 |
Tiptree Inc. | 17,754 | 266 | |
HarborOne Bancorp Inc. | 30,455 | 264 | |
First Community Bankshares Inc. | 8,739 | 260 | |
Flushing Financial Corp. | 20,973 | 258 | |
Amalgamated Financial Corp. | 16,023 | 258 | |
Cambridge Bancorp | 4,727 | 257 | |
Central Pacific Financial Corp. | 16,183 | 254 | |
Granite Point Mortgage Trust Inc. | 47,975 | 254 | |
Bar Harbor Bankshares | 9,895 | 244 | |
Equity Bancshares Inc. Class A | 10,726 | 244 | |
Capital City Bank Group Inc. | 7,891 | 242 | |
Business First Bancshares Inc. | 15,762 | 238 | |
First Financial Corp. | 7,285 | 237 | |
Citizens Financial Services Inc. | 3,188 | 237 | |
* | Metropolitan Bank Holding Corp. | 6,652 | 231 |
Shares | Market Value• ($000) | ||
Independent Bank Corp. | 13,430 | 228 | |
Republic Bancorp Inc. Class A | 5,300 | 225 | |
Waterstone Financial Inc. | 15,475 | 224 | |
Metrocity Bankshares Inc. | 12,490 | 223 | |
Peoples Financial Services Corp. | 5,056 | 221 | |
GCM Grosvenor Inc. Class A | 29,149 | 220 | |
ACNB Corp. | 6,589 | 219 | |
SmartFinancial Inc. | 10,103 | 217 | |
Alerus Financial Corp. | 12,077 | 217 | |
Perella Weinberg Partners Class A | 25,929 | 216 | |
American National Bankshares Inc. | 7,342 | 213 | |
Hingham Institution for Savings | 998 | 213 | |
HomeTrust Bancshares Inc. | 10,069 | 210 | |
Macatawa Bank Corp. | 22,021 | 204 | |
Citizens & Northern Corp. | 10,308 | 199 | |
Esquire Financial Holdings Inc. | 4,353 | 199 | |
* | Blue Foundry Bancorp | 19,670 | 199 |
* | Skyward Specialty Insurance Group Inc. | 7,738 | 197 |
Civista Bancshares Inc. | 11,120 | 193 | |
Enterprise Bancorp Inc. | 6,660 | 193 | |
Southern Missouri Bancorp Inc. | 4,967 | 191 | |
* | Carter Bankshares Inc. | 12,707 | 188 |
Chicago Atlantic Real Estate Finance Inc. | 12,398 | 188 | |
Crawford & Co. Class A | 16,750 | 186 | |
Farmers & Merchants Bancorp Inc. | 8,192 | 184 | |
Horizon Bancorp Inc. | 17,713 | 184 | |
1 | Invesco Mortgage Capital REIT | 15,971 | 183 |
Regional Management Corp. | 5,980 | 182 | |
* | Greenlight Capital Re Ltd. Class A | 17,246 | 182 |
HBT Financial Inc. | 9,718 | 179 | |
Northrim BanCorp Inc. | 4,505 | 177 | |
Mid Penn Bancorp Inc. | 8,011 | 177 | |
Sierra Bancorp | 10,371 | 176 | |
Bank of Marin Bancorp | 9,824 | 174 | |
*,1 | Forge Global Holdings Inc. | 71,666 | 174 |
Northeast Community Bancorp Inc. | 11,548 | 172 | |
First of Long Island Corp. | 14,231 | 171 | |
Arrow Financial Corp. | 8,460 | 170 | |
FS Bancorp Inc. | 5,528 | 166 | |
Investors Title Co. | 1,118 | 163 | |
* | LendingTree Inc. | 7,381 | 163 |
MidWestOne Financial Group Inc. | 7,622 | 163 |
Shares | Market Value• ($000) | ||
West BanCorp. Inc. | 8,776 | 162 | |
*,1 | Hagerty Inc. Class A | 17,303 | 162 |
Northeast Bank | 3,845 | 160 | |
John Marshall Bancorp Inc. | 7,930 | 159 | |
Greene County Bancorp Inc. | 5,096 | 152 | |
AFC Gamma Inc. | 12,195 | 152 | |
BayCom Corp. | 9,049 | 151 | |
* | Bridgewater Bancshares Inc. | 15,252 | 150 |
Codorus Valley Bancorp Inc. | 7,652 | 150 | |
MVB Financial Corp. | 7,102 | 150 | |
Timberland Bancorp Inc. | 5,735 | 147 | |
Plumas Bancorp | 4,045 | 144 | |
South Plains Financial Inc. | 6,388 | 144 | |
Penns Woods Bancorp Inc. | 5,670 | 142 | |
* | Third Coast Bancshares Inc. | 8,955 | 142 |
Greenhill & Co. Inc. | 9,629 | 141 | |
Primis Financial Corp. | 16,733 | 141 | |
* | Hippo Holdings Inc. | 8,539 | 141 |
* | Southern First Bancshares Inc. | 5,656 | 140 |
Capstar Financial Holdings Inc. | 11,382 | 140 | |
PCB Bancorp | 9,463 | 139 | |
Oppenheimer Holdings Inc. Class A | 3,410 | 137 | |
First Bancorp Inc. (XNGS) | 5,583 | 136 | |
Orrstown Financial Services Inc. | 7,126 | 136 | |
ChoiceOne Financial Services Inc. | 5,893 | 136 | |
AG Mortgage Investment Trust Inc. | 22,081 | 135 | |
Financial Institutions Inc. | 8,542 | 134 | |
Five Star Bancorp | 5,975 | 134 | |
First Foundation Inc. | 33,535 | 133 | |
MainStreet Bancshares Inc. | 5,879 | 133 | |
* | loanDepot Inc. Class A | 61,728 | 131 |
Red River Bancshares Inc. | 2,646 | 130 | |
First Business Financial Services Inc. | 4,292 | 127 | |
Franklin Financial Services Corp. | 4,585 | 127 | |
Guaranty Bancshares Inc. | 4,660 | 126 | |
Middlefield Banc Corp. | 4,658 | 125 | |
Donegal Group Inc. Class A | 8,568 | 124 | |
Home Bancorp Inc. | 3,743 | 124 | |
1st Source Corp. | 2,937 | 123 | |
Shore Bancshares Inc. | 10,622 | 123 | |
* | Heritage Global Inc. | 34,014 | 123 |
C&F Financial Corp. | 2,281 | 122 | |
Virginia National Bankshares Corp. | 3,803 | 122 |
Shares | Market Value• ($000) | ||
RBB Bancorp | 10,024 | 120 | |
Norwood Financial Corp. | 3,972 | 117 | |
Summit Financial Group Inc. | 5,649 | 117 | |
* | eHealth Inc. | 14,420 | 116 |
Linkbancorp Inc. | 19,134 | 115 | |
ESSA Bancorp Inc. | 7,596 | 114 | |
Sculptor Capital Management Inc. Class A | 12,930 | 114 | |
LCNB Corp. | 7,580 | 112 | |
* | NI Holdings Inc. | 7,567 | 112 |
BCB Bancorp Inc. | 9,445 | 111 | |
Community Financial Corp. | 4,110 | 111 | |
First Community Corp. | 6,423 | 111 | |
Chemung Financial Corp. | 2,801 | 108 | |
Great Ajax Corp. | 17,359 | 106 | |
National Bankshares Inc. | 3,647 | 106 | |
Parke Bancorp Inc. | 6,244 | 106 | |
Salisbury Bancorp Inc. | 4,464 | 106 | |
1 | Ellington Residential Mortgage REIT | 14,570 | 105 |
Colony Bankcorp Inc. | 11,165 | 105 | |
Princeton Bancorp Inc. | 3,849 | 105 | |
* | First Western Financial Inc. | 5,599 | 104 |
First Internet Bancorp | 6,960 | 103 | |
* | Malvern Bancorp Inc. | 6,545 | 103 |
Capital Bancorp Inc. | 5,450 | 99 | |
* | Consumer Portfolio Services Inc. | 8,509 | 99 |
* | Ocwen Financial Corp. | 3,313 | 99 |
Central Valley Community Bancorp | 6,312 | 98 | |
Investar Holding Corp. | 7,982 | 97 | |
Silvercrest Asset Management Group Inc. Class A | 4,801 | 97 | |
Southern States Bancshares Inc. | 4,587 | 97 | |
First Bank | 8,936 | 93 | |
* | Pioneer Bancorp Inc. | 10,394 | 93 |
* | Sterling Bancorp Inc. | 16,749 | 92 |
* | ECB Bancorp Inc. | 7,042 | 92 |
* | FVCBankcorp Inc. | 8,396 | 90 |
Orange County Bancorp Inc. | 2,434 | 90 | |
Evans Bancorp Inc. | 3,554 | 89 | |
* | Velocity Financial LLC | 7,686 | 89 |
* | California BanCorp | 5,914 | 89 |
*,1 | United Insurance Holdings Corp. | 19,845 | 88 |
* | Oportun Financial Corp. | 14,660 | 88 |
Blue Ridge Bankshares Inc. | 9,916 | 88 | |
Union Bankshares Inc. | 3,794 | 87 | |
Westwood Holdings Group Inc. | 7,041 | 87 | |
William Penn Bancorp Inc. | 8,580 | 87 | |
Seven Hills Realty Trust | 8,503 | 87 | |
*,1 | Citizens Inc. Class A | 35,558 | 86 |
Shares | Market Value• ($000) | ||
Western New England Bancorp Inc. | 14,481 | 85 | |
Ames National Corp. | 4,723 | 85 | |
First United Corp. | 5,904 | 84 | |
Meridian Corp. | 8,472 | 83 | |
* | Kingsway Financial Services Inc. | 10,215 | 83 |
1 | Nexpoint Real Estate Finance Inc. | 5,255 | 82 |
Territorial Bancorp Inc. | 6,581 | 81 | |
* | Maiden Holdings Ltd. | 38,102 | 80 |
Bankwell Financial Group Inc. | 3,177 | 77 | |
* | Ponce Financial Group Inc. | 8,735 | 76 |
* | Heritage Insurance Holdings Inc. | 19,570 | 75 |
HomeStreet Inc. | 12,531 | 74 | |
Unity Bancorp Inc. | 3,134 | 74 | |
* | Guild Holdings Co. Class A | 6,557 | 74 |
Hanover Bancorp Inc. | 4,065 | 73 | |
Peoples Bancorp of North Carolina Inc. | 3,935 | 72 | |
Provident Financial Holdings Inc. | 5,547 | 72 | |
CF Bankshares Inc. | 4,748 | 72 | |
* | USCB Financial Holdings Inc. | 7,092 | 72 |
Fidelity D&D Bancorp Inc. | 1,454 | 71 | |
* | Midwest Holding Inc. | 2,640 | 71 |
* | Finwise Bancorp | 7,943 | 71 |
Medallion Financial Corp. | 8,839 | 70 | |
Old Point Financial Corp. | 4,032 | 70 | |
Bank7 Corp. | 2,764 | 68 | |
Provident Bancorp Inc. | 8,209 | 68 | |
Associated Capital Group Inc. Class A | 1,854 | 66 | |
* | ACRES Commercial Realty Corp. | 7,472 | 66 |
Summit State Bank | 4,372 | 66 | |
1 | Sachem Capital Corp. | 18,378 | 64 |
* | Bakkt Holdings Inc. | 50,567 | 62 |
* | GoHealth Inc. Class A | 3,042 | 60 |
Angel Oak Mortgage REIT Inc. | 6,897 | 57 | |
Finward Bancorp | 2,353 | 54 | |
First Guaranty Bancshares Inc. | 4,672 | 53 | |
Hawthorn Bancshares Inc. | 2,891 | 52 | |
Lument Finance Trust Inc. | 27,115 | 52 | |
OP Bancorp | 5,995 | 51 | |
Eagle Bancorp Montana Inc. | 3,864 | 51 | |
US Global Investors Inc. Class A | 15,552 | 48 | |
First Northwest Bancorp | 3,959 | 45 | |
* | Security National Financial Corp. Class A | 4,981 | 44 |
AmeriServ Financial Inc. | 15,247 | 39 | |
Luther Burbank Corp. | 4,292 | 38 |
Shares | Market Value• ($000) | ||
* | Great Elm Group Inc. | 18,596 | 38 |
1 | Cherry Hill Mortgage Investment Corp. | 7,652 | 37 |
BankFinancial Corp. | 4,443 | 36 | |
First Savings Financial Group Inc. | 2,763 | 36 | |
*,1 | Dave Inc. | 6,507 | 35 |
Riverview Bancorp Inc. | 6,661 | 34 | |
Manhattan Bridge Capital Inc. | 6,830 | 34 | |
*,1 | Root Inc. Class A | 3,646 | 33 |
* | Safeguard Scientifics Inc. | 17,737 | 29 |
First Capital Inc. | 926 | 29 | |
CB Financial Services Inc. | 1,173 | 24 | |
* | Broadway Financial Corp. | 24,365 | 24 |
* | Republic First Bancorp Inc. | 25,101 | 23 |
Hennessy Advisors Inc. | 3,282 | 23 | |
First Financial Northwest Inc. | 1,845 | 21 | |
Partners Bancorp | 3,437 | 21 | |
*,1 | Doma Hldgs Inc. | 4,022 | 20 |
* | Nicholas Financial Inc. | 3,692 | 19 |
1 | Curo Group Holdings Corp. | 12,507 | 17 |
Kingstone Cos. Inc. | 8,512 | 11 | |
* | Conifer Holdings Inc. | 4,822 | 8 |
* | Sunlight Financial Holdings Inc. | 24,670 | 7 |
FNCB Bancorp Inc. | 572 | 3 | |
2,943,635 | |||
Health Care (12.8%) | |||
UnitedHealth Group Inc. | 623,232 | 299,550 | |
Johnson & Johnson | 1,739,902 | 287,989 | |
Eli Lilly & Co. | 571,783 | 268,155 | |
Merck & Co. Inc. | 1,697,989 | 195,931 | |
AbbVie Inc. | 1,180,998 | 159,116 | |
Pfizer Inc. | 3,778,951 | 138,612 | |
Thermo Fisher Scientific Inc. | 258,379 | 134,809 | |
Abbott Laboratories | 1,164,455 | 126,949 | |
Danaher Corp. | 444,854 | 106,765 | |
Bristol-Myers Squibb Co. | 1,405,943 | 89,910 | |
* | Intuitive Surgical Inc. | 234,341 | 80,131 |
Amgen Inc. | 357,774 | 79,433 | |
Medtronic plc | 890,763 | 78,476 | |
Elevance Health Inc. | 158,535 | 70,436 | |
Stryker Corp. | 228,644 | 69,757 | |
Gilead Sciences Inc. | 835,288 | 64,376 | |
* | Vertex Pharmaceuticals Inc. | 172,217 | 60,605 |
Cigna Group | 197,767 | 55,493 | |
* | Boston Scientific Corp. | 978,389 | 52,921 |
Becton Dickinson and Co. | 190,431 | 50,276 | |
* | Regeneron Pharmaceuticals Inc. | 68,550 | 49,256 |
Zoetis Inc. | 277,902 | 47,857 | |
HCA Healthcare Inc. | 137,916 | 41,855 |
Shares | Market Value• ($000) | ||
* | Edwards Lifesciences Corp. | 405,410 | 38,242 |
Humana Inc. | 83,474 | 37,324 | |
* | DexCom Inc. | 259,136 | 33,302 |
* | IQVIA Holdings Inc. | 124,095 | 27,893 |
* | IDEXX Laboratories Inc. | 55,417 | 27,832 |
* | Biogen Inc. | 96,572 | 27,509 |
* | Moderna Inc. | 216,648 | 26,323 |
* | Centene Corp. | 366,312 | 24,708 |
Agilent Technologies Inc. | 197,385 | 23,736 | |
ResMed Inc. | 98,184 | 21,453 | |
GE Healthcare Inc. | 258,290 | 20,983 | |
Zimmer Biomet Holdings Inc. | 139,439 | 20,302 | |
* | Illumina Inc. | 105,582 | 19,796 |
* | Veeva Systems Inc. Class A | 97,104 | 19,200 |
West Pharmaceutical Services Inc. | 49,597 | 18,969 | |
* | Seagen Inc. | 93,935 | 18,079 |
* | Align Technology Inc. | 48,485 | 17,146 |
Cardinal Health Inc. | 169,261 | 16,007 | |
* | Alnylam Pharmaceuticals Inc. | 82,933 | 15,752 |
* | Horizon Therapeutics plc | 152,842 | 15,720 |
Baxter International Inc. | 337,548 | 15,379 | |
STERIS plc | 66,223 | 14,899 | |
Laboratory Corp. of America Holdings | 58,912 | 14,217 | |
* | Insulet Corp. | 46,521 | 13,414 |
* | Hologic Inc. | 164,363 | 13,308 |
Cooper Cos. Inc. | 32,935 | 12,628 | |
* | Molina Healthcare Inc. | 39,277 | 11,832 |
* | Exact Sciences Corp. | 120,180 | 11,285 |
* | BioMarin Pharmaceutical Inc. | 124,623 | 10,802 |
Quest Diagnostics Inc. | 74,522 | 10,475 | |
Revvity Inc. | 83,992 | 9,977 | |
* | Avantor Inc. | 451,930 | 9,283 |
Bio-Techne Corp. | 105,308 | 8,596 | |
* | Penumbra Inc. | 24,536 | 8,442 |
* | Incyte Corp. | 128,158 | 7,978 |
Viatris Inc. | 798,403 | 7,968 | |
Royalty Pharma plc Class A | 253,771 | 7,801 | |
Teleflex Inc. | 31,366 | 7,592 | |
* | Charles River Laboratories International Inc. | 34,153 | 7,181 |
* | Henry Schein Inc. | 88,133 | 7,148 |
* | Shockwave Medical Inc. | 24,768 | 7,069 |
* | United Therapeutics Corp. | 31,188 | 6,885 |
* | Sarepta Therapeutics Inc. | 58,812 | 6,735 |
Universal Health Services Inc. Class B | �� 40,403 | 6,374 | |
* | Inspire Medical Systems Inc. | 19,367 | 6,287 |
* | Neurocrine Biosciences Inc. | 64,785 | 6,109 |
Shares | Market Value• ($000) | ||
* | Apellis Pharmaceuticals Inc. | 65,814 | 5,996 |
DENTSPLY SIRONA Inc. | 140,747 | 5,633 | |
Chemed Corp. | 10,168 | 5,508 | |
* | Tenet Healthcare Corp. | 67,626 | 5,503 |
* | Masimo Corp. | 33,386 | 5,494 |
* | Bio-Rad Laboratories Inc. Class A | 13,936 | 5,283 |
* | Catalent Inc. | 115,248 | 4,997 |
* | Jazz Pharmaceuticals plc | 40,157 | 4,978 |
* | Repligen Corp. | 35,182 | 4,977 |
Bruker Corp. | 63,508 | 4,695 | |
* | Acadia Healthcare Co. Inc. | 57,813 | 4,604 |
* | Karuna Therapeutics Inc. | 20,938 | 4,540 |
Encompass Health Corp. | 63,426 | 4,295 | |
* | Exelixis Inc. | 214,993 | 4,109 |
* | Lantheus Holdings Inc. | 45,456 | 3,815 |
* | HealthEquity Inc. | 58,372 | 3,686 |
* | IVERIC bio Inc. | 93,528 | 3,679 |
* | Envista Holdings Corp. | 108,612 | 3,675 |
* | Option Care Health Inc. | 112,691 | 3,661 |
* | Ionis Pharmaceuticals Inc. | 89,191 | 3,659 |
* | Medpace Holdings Inc. | 15,110 | 3,629 |
Organon & Co. | 173,377 | 3,608 | |
* | Intra-Cellular Therapies Inc. | 56,923 | 3,604 |
* | agilon health Inc. | 207,163 | 3,592 |
* | Natera Inc. | 71,720 | 3,490 |
Ensign Group Inc. | 35,851 | 3,422 | |
* | Alkermes plc | 109,024 | 3,412 |
* | DaVita Inc. | 32,734 | 3,289 |
* | 10X Genomics Inc. | 58,472 | 3,265 |
* | Elanco Animal Health Inc. (XNYS) | 322,566 | 3,245 |
* | Halozyme Therapeutics Inc. | 88,127 | 3,179 |
* | ImmunoGen Inc. | 168,434 | 3,178 |
* | Merit Medical Systems Inc. | 37,663 | 3,150 |
Perrigo Co. plc | 90,329 | 3,067 | |
* | Globus Medical Inc. Class A | 51,381 | 3,059 |
* | Syneos Health Inc. | 70,540 | 2,973 |
* | Haemonetics Corp. | 34,659 | 2,951 |
* | Novocure Ltd. | 69,805 | 2,897 |
* | Neogen Corp. | 132,392 | 2,880 |
CONMED Corp. | 20,893 | 2,839 | |
* | ICU Medical Inc. | 15,644 | 2,788 |
* | Vaxcyte Inc. | 55,177 | 2,756 |
* | QuidelOrtho Corp. | 33,212 | 2,752 |
* | Teladoc Health Inc. | 106,998 | 2,709 |
* | Guardant Health Inc. | 74,921 | 2,682 |
* | Blueprint Medicines Corp. | 40,643 | 2,569 |
* | Doximity Inc. Class A | 73,069 | 2,486 |
Shares | Market Value• ($000) | ||
* | Arrowhead Pharmaceuticals Inc. | 69,581 | 2,481 |
* | R1 RCM Inc. | 129,846 | 2,396 |
* | Madrigal Pharmaceuticals Inc. | 9,989 | 2,307 |
* | Omnicell Inc. | 31,238 | 2,301 |
* | TG Therapeutics Inc. | 92,514 | 2,298 |
* | Amicus Therapeutics Inc. | 182,387 | 2,291 |
* | Intellia Therapeutics Inc. | 54,359 | 2,217 |
Select Medical Holdings Corp. | 69,495 | 2,214 | |
* | Glaukos Corp. | 30,933 | 2,203 |
Premier Inc. Class A | 79,437 | 2,197 | |
* | Azenta Inc. | 45,301 | 2,115 |
* | Evolent Health Inc. Class A | 69,560 | 2,108 |
* | Ultragenyx Pharmaceutical Inc. | 45,641 | 2,105 |
* | Cytokinetics Inc. | 63,930 | 2,085 |
* | Progyny Inc. | 52,495 | 2,065 |
* | Pacific Biosciences of California Inc. | 154,803 | 2,059 |
* | Enovis Corp. | 32,007 | 2,052 |
* | Denali Therapeutics Inc. | 68,961 | 2,035 |
* | Surgery Partners Inc. | 45,133 | 2,031 |
* | iRhythm Technologies Inc. | 19,438 | 2,028 |
* | Amedisys Inc. | 21,896 | 2,002 |
* | Integer Holdings Corp. | 22,540 | 1,997 |
* | Prestige Consumer Healthcare Inc. | 33,520 | 1,992 |
* | Integra LifeSciences Holdings Corp. | 48,167 | 1,981 |
* | PTC Therapeutics Inc. | 48,191 | 1,960 |
Patterson Cos. Inc. | 57,704 | 1,919 | |
* | Reata Pharmaceuticals Inc. Class A | 18,723 | 1,909 |
* | Inari Medical Inc. | 31,886 | 1,854 |
* | ACADIA Pharmaceuticals Inc. | 77,256 | 1,850 |
* | Insmed Inc. | 86,849 | 1,833 |
* | Privia Health Group Inc. | 70,184 | 1,832 |
*,1 | Axsome Therapeutics Inc. | 25,415 | 1,826 |
* | TransMedics Group Inc. | 21,384 | 1,796 |
* | REVOLUTION Medicines Inc. | 66,720 | 1,785 |
* | Axonics Inc. | 35,245 | 1,779 |
* | STAAR Surgical Co. | 33,821 | 1,778 |
* | Krystal Biotech Inc. | 14,957 | 1,756 |
*,1 | Ginkgo Bioworks Holdings Inc. | 927,135 | 1,724 |
* | Vir Biotechnology Inc. | 67,206 | 1,649 |
* | Beam Therapeutics Inc. | 51,317 | 1,639 |
* | AtriCure Inc. | 31,794 | 1,569 |
* | Akero Therapeutics Inc. | 32,547 | 1,520 |
* | Certara Inc. | 82,746 | 1,507 |
* | Sage Therapeutics Inc. | 31,466 | 1,480 |
Shares | Market Value• ($000) | ||
* | NuVasive Inc. | 35,515 | 1,477 |
* | Chinook Therapeutics Inc. | 37,734 | 1,450 |
* | Amphastar Pharmaceuticals Inc. | 25,012 | 1,437 |
* | NeoGenomics Inc. | 88,491 | 1,422 |
* | Revance Therapeutics Inc. | 54,270 | 1,374 |
* | RadNet Inc. | 40,720 | 1,328 |
* | Mirati Therapeutics Inc. | 36,737 | 1,327 |
* | Morphic Holding Inc. | 22,900 | 1,313 |
* | Bridgebio Pharma Inc. | 75,418 | 1,297 |
* | CorVel Corp. | 6,664 | 1,289 |
* | Veracyte Inc. | 50,564 | 1,288 |
* | Corcept Therapeutics Inc. | 56,534 | 1,258 |
* | Sotera Health Co. | 66,690 | 1,256 |
* | Cerevel Therapeutics Holdings Inc. | 38,647 | 1,229 |
US Physical Therapy Inc. | 10,104 | 1,227 | |
* | Vericel Corp. | 31,914 | 1,199 |
* | Myriad Genetics Inc. | 51,248 | 1,188 |
* | Dynavax Technologies Corp. | 90,730 | 1,172 |
* | Pacira BioSciences Inc. | 28,710 | 1,150 |
* | Geron Corp. (XNGS) | 355,050 | 1,140 |
* | Celldex Therapeutics Inc. | 32,437 | 1,101 |
* | Supernus Pharmaceuticals Inc. | 35,504 | 1,067 |
* | Phreesia Inc. | 34,256 | 1,062 |
* | DICE Therapeutics Inc. | 22,682 | 1,054 |
* | Tandem Diabetes Care Inc. | 42,362 | 1,040 |
* | Agios Pharmaceuticals Inc. | 36,572 | 1,036 |
* | Addus HomeCare Corp. | 10,934 | 1,014 |
* | Viking Therapeutics Inc. | 62,540 | 1,014 |
* | Iovance Biotherapeutics Inc. | 143,471 | 1,010 |
* | Ventyx Biosciences Inc. | 30,664 | 1,006 |
* | Protagonist Therapeutics Inc. | 36,191 | 1,000 |
* | UFP Technologies Inc. | 5,138 | 996 |
* | Xencor Inc. | 39,729 | 992 |
* | Alphatec Holdings Inc. | 54,795 | 985 |
* | Relay Therapeutics Inc. | 77,937 | 979 |
* | Catalyst Pharmaceuticals Inc. | 72,434 | 974 |
* | Apollo Medical Holdings Inc. | 30,715 | 971 |
* | Owens & Minor Inc. | 50,511 | 962 |
* | PROCEPT BioRobotics Corp. | 27,172 | 961 |
* | Zentalis Pharmaceuticals Inc. | 34,017 | 960 |
Shares | Market Value• ($000) | ||
* | Ironwood Pharmaceuticals Inc. Class A | 89,809 | 956 |
* | Maravai LifeSciences Holdings Inc. Class A | 74,883 | 931 |
* | Hims & Hers Health Inc. | 98,255 | 924 |
* | BioCryst Pharmaceuticals Inc. | 127,845 | 900 |
* | Syndax Pharmaceuticals Inc. | 42,477 | 889 |
* | Ideaya Biosciences Inc. | 37,529 | 882 |
LeMaitre Vascular Inc. | 12,968 | 872 | |
* | Rocket Pharmaceuticals Inc. | 42,934 | 853 |
* | SpringWorks Therapeutics Inc. | 32,419 | 850 |
* | Ligand Pharmaceuticals Inc. | 11,745 | 847 |
* | Avanos Medical Inc. | 32,399 | 828 |
* | Harmony Biosciences Holdings Inc. | 23,247 | 818 |
Embecta Corp. | 37,671 | 814 | |
* | Silk Road Medical Inc. | 24,464 | 795 |
* | Arcellx Inc. | 25,140 | 795 |
* | Amylyx Pharmaceuticals Inc. | 36,686 | 791 |
* | Pediatrix Medical Group Inc. | 55,482 | 788 |
* | Replimune Group Inc. | 33,816 | 785 |
* | Cymabay Therapeutics Inc. | 71,536 | 783 |
* | Treace Medical Concepts Inc. | 30,249 | 774 |
* | Outset Medical Inc. | 35,262 | 771 |
* | Nuvalent Inc. Class A | 18,284 | 771 |
* | Arvinas Inc. | 30,886 | 767 |
Healthcare Services Group Inc. | 51,351 | 767 | |
* | Twist Bioscience Corp. | 37,019 | 757 |
* | Travere Thrapeutics Inc. | 49,248 | 756 |
* | 89bio Inc. | 39,772 | 754 |
* | Immunovant Inc. | �� 36,686 | 696 |
* | Viridian Therapeutics Inc. | 29,241 | 696 |
* | Crinetics Pharmaceuticals Inc. | 37,819 | 681 |
* | SI-BONE Inc. | 24,527 | 662 |
* | Warby Parker Inc. Class A | 56,145 | 656 |
* | MannKind Corp. | 160,991 | 655 |
* | Accolade Inc. | 48,104 | 648 |
* | Varex Imaging Corp. | 27,432 | 647 |
* | Cogent Biosciences Inc. | 54,368 | 644 |
*,1 | Cassava Sciences Inc. | 26,237 | 643 |
* | ANI Pharmaceuticals Inc. | 11,819 | 636 |
Shares | Market Value• ($000) | ||
* | Rhythm Pharmaceuticals Inc. | 37,886 | 625 |
* | Arcus Biosciences Inc. | 30,654 | 623 |
* | Cytek Biosciences Inc. | 71,870 | 614 |
* | Kymera Therapeutics Inc. | 26,515 | 610 |
* | AdaptHealth Corp. Class A | 49,976 | 608 |
* | Verve Therapeutics Inc. | 32,378 | 607 |
* | Keros Therapeutics Inc. | 15,051 | 605 |
* | OPKO Health Inc. | 273,854 | 594 |
* | Pliant Therapeutics Inc. | 32,770 | 594 |
* | Recursion Pharmaceuticals Inc. Class A | 79,361 | 593 |
* | Deciphera Pharmaceuticals Inc. | 42,046 | 592 |
* | Avid Bioservices Inc. | 41,974 | 586 |
* | Avidity Biosciences Inc. | 52,805 | 586 |
* | Inhibrx Inc. | 22,277 | 578 |
* | Mirum Pharmaceuticals Inc. | 22,047 | 570 |
* | BioLife Solutions Inc. | 25,648 | 567 |
* | Nevro Corp. | 22,284 | 566 |
* | Adaptive Biotechnologies Corp. | 83,604 | 561 |
* | Point Biopharma Global Inc. | 61,839 | 560 |
* | NextGen Healthcare Inc. | 34,265 | 556 |
National Research Corp. | 12,703 | 553 | |
* | Innoviva Inc. | 42,734 | 544 |
* | MiMedx Group Inc. | 82,288 | 544 |
Atrion Corp. | 950 | 537 | |
National HealthCare Corp. | 8,649 | 535 | |
* | DocGo Inc. | 56,968 | 534 |
* | ADMA Biologics Inc. | 141,451 | 522 |
* | Quanterix Corp. | 22,735 | 513 |
* | Kura Oncology Inc. | 48,316 | 511 |
*,1 | Acelyrin Inc. | 24,309 | 508 |
* | Multiplan Corp. | 240,079 | 507 |
*,1 | EQRx Inc. | 267,657 | 498 |
* | Ardelyx Inc. | 146,614 | 497 |
* | Brookdale Senior Living Inc. | 117,747 | 497 |
* | Fulgent Genetics Inc. | 13,415 | 497 |
*,1 | Novavax Inc. | 66,103 | 491 |
* | REGENXBIO Inc. | 24,573 | 491 |
* | Day One Biopharmaceuticals Inc. | 40,860 | 488 |
* | Health Catalyst Inc. | 38,571 | 482 |
* | RxSight Inc. | 16,736 | 482 |
* | Rapt Therapeutics Inc. | 25,392 | 475 |
HealthStream Inc. | 19,258 | 473 | |
* | Collegium Pharmaceutical Inc. | 21,847 | 469 |
* | Arcturus Therapeutics Holdings Inc. | 15,956 | 458 |
Shares | Market Value• ($000) | ||
* | LifeStance Health Group Inc. | 49,785 | 455 |
* | Artivion Inc. | 26,298 | 452 |
* | 4D Molecular Therapeutics Inc. | 24,930 | 450 |
* | Orthofix Medical Inc. | 24,357 | 440 |
* | Tactile Systems Technology Inc. | 17,169 | 428 |
*,1 | Lyell Immunopharma Inc. | 133,452 | 424 |
*,1 | Prime Medicine Inc. | 28,911 | 424 |
* | Aclaris Therapeutics Inc. | 40,404 | 419 |
* | OrthoPediatrics Corp. | 9,379 | 411 |
* | Marinus Pharmaceuticals Inc. | 37,627 | 409 |
* | Harrow Health Inc. | 21,068 | 401 |
* | Alignment Healthcare Inc. | 69,296 | 398 |
* | Anavex Life Sciences Corp. | 48,655 | 396 |
* | Biomea Fusion Inc. | 17,973 | 394 |
* | Community Health Systems Inc. | 88,429 | 389 |
* | ModivCare Inc. | 8,588 | 388 |
* | Enhabit Inc. | 33,323 | 383 |
* | Editas Medicine Inc. Class A | 46,258 | 381 |
Agenus Inc. | 236,170 | 378 | |
* | Agiliti Inc. | 22,749 | 375 |
* | Paragon 28 Inc. | 21,144 | 375 |
* | Disc Medicine Inc. | 8,454 | 375 |
* | 2seventy bio Inc. | 36,686 | 371 |
*,1 | Zymeworks Inc. | 42,912 | 371 |
* | OmniAb Inc. | 72,981 | 367 |
* | Tarsus Pharmaceuticals Inc. | 20,054 | 362 |
*,1 | Sana Biotechnology Inc. | 58,914 | 351 |
*,1 | Phathom Pharmaceuticals Inc. | 24,407 | 350 |
*,1 | Sharecare Inc. | 197,135 | 345 |
* | Dyne Therapeutics Inc. | 30,414 | 342 |
*,1 | Theravance Biopharma Inc. | 32,658 | 338 |
* | Aldeyra Therapeutics Inc. | 39,700 | 333 |
* | Arcutis Biotherapeutics Inc. | 34,869 | 332 |
* | American Well Corp. Class A | 158,201 | 332 |
* | Voyager Therapeutics Inc. | 27,939 | 320 |
* | Seres Therapeutics Inc. | 66,052 | 316 |
* | CareDx Inc. | 36,939 | 314 |
* | Pulmonx Corp. | 23,982 | 314 |
* | Alector Inc. | 52,006 | 313 |
*,1 | Scilex Holding Co. (XNCM) | 56,202 | 313 |
*,1 | Enliven Therapeutics Inc. | 14,831 | 303 |
* | 23andMe Holding Co. Class A | 172,212 | 301 |
* | Axogen Inc. | 32,599 | 298 |
Shares | Market Value• ($000) | ||
* | Coherus Biosciences Inc. | 69,333 | 296 |
* | MaxCyte Inc. | 63,539 | 292 |
* | Anika Therapeutics Inc. | 11,076 | 288 |
* | Cerus Corp. | 117,250 | 288 |
* | Avita Medical Inc. | 16,954 | 288 |
*,1 | Cabaletta Bio Inc. | 22,227 | 287 |
* | Amneal Pharmaceuticals Inc. | 91,556 | 284 |
* | Kiniksa Pharmaceuticals Ltd. Class A | 19,941 | 281 |
* | Intercept Pharmaceuticals Inc. | 25,295 | 280 |
* | Nurix Therapeutics Inc. | 27,960 | 279 |
* | PetIQ Inc. Class A | 18,318 | 278 |
*,1 | ProKidney Corp. | 24,730 | 277 |
* | Savara Inc. | 85,084 | 272 |
* | Enanta Pharmaceuticals Inc. | 12,671 | 271 |
* | GoodRx Holdings Inc. Class A | 49,148 | 271 |
* | Ocular Therapeutix Inc. | 52,253 | 270 |
* | Surmodics Inc. | 8,541 | 267 |
* | AngioDynamics Inc. | 25,475 | 266 |
* | Liquidia Corp. | 33,257 | 261 |
* | Vera Therapeutics Inc. Class A | 16,082 | 258 |
* | Cano Health Inc. | 185,620 | 258 |
* | Fate Therapeutics Inc. | 54,076 | 257 |
*,1 | Allogene Therapeutics Inc. | 50,847 | 253 |
*,1 | ImmunityBio Inc. | 90,514 | 252 |
* | Edgewise Therapeutics Inc. | 32,287 | 250 |
iRadimed Corp. | 5,161 | 246 | |
* | Mersana Therapeutics Inc. | 74,321 | 245 |
* | Vanda Pharmaceuticals Inc. | 37,164 | 245 |
* | iTeos Therapeutics Inc. | 18,508 | 245 |
* | OraSure Technologies Inc. | 47,836 | 240 |
* | Pennant Group Inc. | 19,258 | 236 |
* | Scholar Rock Holding Corp. | 31,110 | 235 |
* | Alpine Immune Sciences Inc. | 22,850 | 235 |
* | X4 Pharmaceuticals Inc. | 120,734 | 234 |
* | Stoke Therapeutics Inc. | 21,635 | 230 |
* | Terns Pharmaceuticals Inc. | 26,275 | 230 |
*,1 | Assertio Holdings Inc. | 42,230 | 229 |
* | Bluebird Bio Inc. | 69,347 | 228 |
*,1 | Omeros Corp. | 41,682 | 227 |
* | SomaLogic Inc. | 97,861 | 226 |
* | Emergent BioSolutions Inc. | 30,037 | 221 |
* | MacroGenics Inc. | 41,349 | 221 |
* | Mineralys Therapeutics Inc. | 12,895 | 220 |
* | Accuray Inc. | 56,460 | 218 |
Shares | Market Value• ($000) | ||
* | Arbutus Biopharma Corp. | 94,484 | 217 |
* | Zimvie Inc. | 18,957 | 213 |
* | CareMax Inc. | 67,977 | 211 |
*,3 | Scilex Holding Co. (Acquired 1/6/23, Cost $442) | 42,135 | 211 |
* | Castle Biosciences Inc. | 15,171 | 208 |
*,1 | Senseonics Holdings Inc. | 269,188 | 205 |
* | Olema Pharmaceuticals Inc. | 22,688 | 205 |
* | Xeris Biopharma Holdings Inc. | 78,258 | 205 |
* | HilleVax Inc. | 11,894 | 204 |
* | Computer Programs and Systems Inc. | 8,198 | 202 |
* | Atea Pharmaceuticals Inc. | 54,141 | 202 |
* | Monte Rosa Therapeutics Inc. | 29,490 | 202 |
* | Cullinan Oncology Inc. | 18,523 | 199 |
*,1 | Invitae Corp. | 174,382 | 197 |
*,1 | P3 Health Partners Inc. | 64,930 | 194 |
* | Butterfly Network Inc. | 83,265 | 192 |
Carisma Therapeutics Inc. | 21,948 | 192 | |
*,1 | Summit Therapeutics Inc. (XNMS) | 75,930 | 191 |
* | Sutro Biopharma Inc. | 40,875 | 190 |
* | Immuneering Corp. Class A | 18,782 | 190 |
* | Lexicon Pharmaceuticals Inc. | 81,719 | 187 |
* | Astria Therapeutics Inc. | 22,465 | 187 |
*,1 | Clover Health Investments Corp. Class A | 207,451 | 186 |
* | Outlook Therapeutics Inc. | 105,871 | 184 |
Phibro Animal Health Corp. Class A | 13,442 | 184 | |
*,1 | Entrada Therapeutics Inc. | 12,169 | 184 |
* | PMV Pharmaceuticals Inc. | 29,279 | 183 |
* | Nuvation Bio Inc. | 100,004 | 180 |
* | Evolus Inc. | 24,497 | 178 |
Utah Medical Products Inc. | 1,908 | 178 | |
* | FibroGen Inc. | 65,439 | 177 |
* | Compass Therapeutics Inc. | 55,213 | 176 |
* | Allakos Inc. | 39,930 | 174 |
* | Inogen Inc. | 15,064 | 174 |
* | Cutera Inc. | 11,232 | 170 |
* | Joint Corp. | 12,384 | 167 |
* | Tela Bio Inc. | 16,235 | 164 |
* | EyePoint Pharmaceuticals Inc. | 18,741 | 163 |
* | KalVista Pharmaceuticals Inc. | 17,876 | 161 |
Shares | Market Value• ($000) | ||
*,1 | ORIC Pharmaceuticals Inc. | 20,428 | 159 |
* | Karyopharm Therapeutics Inc. | 87,962 | 157 |
*,1 | Y-mAbs Therapeutics Inc. | 23,165 | 157 |
* | Rigel Pharmaceuticals Inc. | 118,372 | 153 |
* | Viemed Healthcare Inc. | 15,567 | 152 |
* | OptimizeRx Corp. | 10,556 | 151 |
* | Organogenesis Holdings Inc. Class A | 45,335 | 151 |
* | Tenaya Therapeutics Inc. | 25,755 | 151 |
* | Sight Sciences Inc. | 17,966 | 149 |
* | Zynex Inc. | 15,250 | 146 |
* | Nautilus Biotechnology Inc. | 37,768 | 146 |
* | AnaptysBio Inc. | 7,077 | 144 |
* | Eagle Pharmaceuticals Inc. | 7,396 | 144 |
* | Kodiak Sciences Inc. | 20,721 | 143 |
* | Sangamo Therapeutics Inc. | 110,293 | 143 |
*,1 | Icosavax Inc. | 14,363 | 143 |
* | Seer Inc. Class A | 33,292 | 142 |
* | Lineage Cell Therapeutics Inc. | 99,941 | 141 |
* | ClearPoint Neuro Inc. | 19,277 | 140 |
* | Harvard Bioscience Inc. | 25,313 | 139 |
* | Generation Bio Co. | 25,032 | 138 |
*,1 | scPharmaceuticals Inc. | 13,399 | 137 |
* | Fulcrum Therapeutics Inc. | 41,311 | 136 |
* | Actinium Pharmaceuticals Inc. | 18,282 | 136 |
* | Tabula Rasa HealthCare Inc. | 16,298 | 134 |
* | Zomedica Corp. | 672,102 | 134 |
* | CVRx Inc. | 8,704 | 134 |
* | Ovid therapeutics Inc. | 40,633 | 133 |
* | Sanara Medtech Inc. | 3,304 | 132 |
* | Aerovate Therapeutics Inc. | 7,673 | 132 |
* | Caribou Biosciences Inc. | 31,157 | 132 |
*,1 | Tyra Biosciences Inc. | 7,492 | 128 |
* | Inozyme Pharma Inc. | 22,831 | 127 |
*,1 | Tango Therapeutics Inc. | 38,224 | 127 |
*,1 | Inmune Bio Inc. | 13,715 | 125 |
* | Innovage Holding Corp. | 16,618 | 125 |
SIGA Technologies Inc. | 24,311 | 123 | |
* | Zevra Therapeutics Inc. | 24,085 | 123 |
*,1 | CorMedix Inc. | 30,814 | 122 |
*,1 | Bionano Genomics Inc. | 198,365 | 121 |
* | 908 Devices Inc. | 17,668 | 121 |
* | NanoString Technologies Inc. | 29,545 | 120 |
Shares | Market Value• ($000) | ||
* | Longboard Pharmaceuticals Inc. | 16,186 | 119 |
* | Codexis Inc. | 41,959 | 117 |
* | Erasca Inc. | 40,997 | 113 |
* | Puma Biotechnology Inc. | 31,801 | 112 |
* | ARS Pharmaceuticals Inc. | 16,780 | 112 |
* | Atossa Therapeutics Inc. | 87,558 | 110 |
* | Standard Bio Tools Inc. | 55,941 | 108 |
*,1 | Adverum Biotechnologies Inc. | 67,508 | 107 |
* | Altimmune Inc. | 30,386 | 107 |
* | Kezar Life Sciences Inc. | 43,585 | 107 |
* | Akebia Therapeutics Inc. | 115,906 | 106 |
* | CytoSorbents Corp. | 29,596 | 106 |
* | Spectrum Pharmaceuticals Inc. | 109,299 | 105 |
*,1 | Citius Pharmaceuticals Inc. | 85,694 | 103 |
* | Aura Biosciences Inc. | 8,362 | 103 |
* | Jasper Therapeutics Inc. | 74,930 | 103 |
* | Annexon Inc. | 28,844 | 102 |
* | ALX Oncology Holdings Inc. | 13,412 | 101 |
*,1 | Vaxxinity Inc. Class A | 40,231 | 101 |
* | Vigil Neuroscience Inc. | 10,718 | 101 |
*,1 | An2 Therapeutics Inc. | 11,939 | 101 |
* | Selecta Biosciences Inc. | 89,345 | 100 |
* | Bioxcel Therapeutics Inc. | 15,053 | 100 |
* | Omega Therapeutics Inc. | 17,625 | 99 |
* | Foghorn Therapeutics Inc. | 13,954 | 98 |
* | Atara Biotherapeutics Inc. | 60,082 | 97 |
* | Precigen Inc. | 84,404 | 97 |
* | Akoya Biosciences Inc. | 13,086 | 97 |
* | Biote Corp. Class A | 14,293 | 97 |
* | Quantum-Si Inc. | 53,609 | 96 |
* | Cara Therapeutics Inc. | 33,488 | 95 |
* | Talkspace Inc. | 75,188 | 95 |
* | Abeona Therapeutics Inc. | 23,529 | 95 |
*,1 | Ocuphire Pharma Inc. | 21,645 | 94 |
* | Apyx Medical Corp. | 18,313 | 92 |
*,1 | Black Diamond Therapeutics Inc. | 18,268 | 92 |
* | Capricor Therapeutics Inc. | 19,231 | 92 |
* | Humacyte Inc. | 32,332 | 92 |
*,1 | IGM Biosciences Inc. | 9,841 | 91 |
* | InfuSystem Holdings Inc. | 9,429 | 91 |
*,1 | Nuvectis Pharma Inc. | 5,612 | 90 |
* | Cue Biopharma Inc. | 24,434 | 89 |
* | Theseus Pharmaceuticals Inc. | 9,484 | 88 |
Shares | Market Value• ($000) | ||
* | Inovio Pharmaceuticals Inc. | 195,712 | 87 |
*,1 | XOMA Corp. | 4,608 | 87 |
* | BioAtla Inc. | 28,992 | 87 |
* | Seelos Therapeutics Inc. | 73,139 | 87 |
* | Vor BioPharma Inc. | 28,015 | 87 |
* | Achieve Life Sciences Inc. | 16,807 | 87 |
* | Janux Therapeutics Inc. | 7,344 | 87 |
* | Heron Therapeutics Inc. | 73,891 | 86 |
*,1 | PDS Biotechnology Corp. | 17,161 | 86 |
* | TScan Therapeutics Inc. | 34,364 | 86 |
* | Reneo Pharmaceuticals Inc. | 13,013 | 85 |
* | KORU Medical Systems Inc. | 24,313 | 84 |
* | Asensus Surgical Inc. | 165,733 | 84 |
*,1 | CytomX Therapeutics Inc. | 48,168 | 83 |
*,1 | Sera Prognostics Inc. Class A | 25,316 | 83 |
* | Acrivon Therapeutics Inc. | 6,404 | 83 |
* | Esperion Therapeutics Inc. | 57,940 | 81 |
* | FONAR Corp. | 4,742 | 81 |
* | Galera Therapeutics Inc. | 25,568 | 80 |
*,1 | Durect Corp. | 15,978 | 79 |
* | Gritstone bio Inc. | 39,292 | 77 |
* | Semler Scientific Inc. | 2,930 | 77 |
* | Verastem Inc. | 10,356 | 77 |
* | NGM Biopharmaceuticals Inc. | 29,422 | 76 |
* | C4 Therapeutics Inc. | 27,453 | 75 |
* | Trevi Therapeutics Inc. | 31,348 | 75 |
*,1 | Ocugen Inc. | 135,443 | 74 |
* | Acumen Pharmaceuticals Inc. | 15,267 | 73 |
*,1 | CEL–SCI Corp. | 29,843 | 72 |
* | Celcuity Inc. | 6,440 | 71 |
* | Design Therapeutics Inc. | 11,218 | 71 |
* | Aadi Bioscience Inc. | 10,337 | 71 |
* | Nektar Therapeutics Class A | 122,239 | 70 |
* | Beyond Air Inc. | 16,450 | 70 |
*,1 | BrainStorm Cell Therapeutics Inc. | 33,748 | 70 |
* | Perspective Therapeutics Inc. | 104,951 | 70 |
* | Geron Corp. Warrant Exp. 12/31/25 | 73,748 | 70 |
* | GlycoMimetics Inc. | 39,833 | 69 |
*,1 | XBiotech Inc. | 11,624 | 69 |
* | Diamedica Therapeutics Inc. | 15,764 | 68 |
* | Corvus Pharmaceuticals Inc. | 29,109 | 67 |
Shares | Market Value• ($000) | ||
* | Enzo Biochem Inc. | 36,523 | 67 |
*,1 | Gossamer Bio Inc. | 55,531 | 67 |
* | Anixa Biosciences Inc. | 21,079 | 67 |
* | Athira Pharma Inc. | 22,843 | 67 |
* | G1 Therapeutics Inc. | 26,630 | 66 |
* | Allovir Inc. | 19,387 | 66 |
*,1 | Rezolute Inc. | 33,333 | ��� 66 |
* | Shattuck Labs Inc. | 21,109 | 66 |
*,1 | Annovis Bio Inc. | 4,518 | 65 |
* | Ikena Oncology Inc. | 9,909 | 65 |
*,1 | Verrica Pharmaceuticals Inc. | 10,956 | 63 |
* | Rallybio Corp. | 11,052 | 63 |
* | Cidara Therapeutics Inc. | 54,780 | 62 |
* | Prelude Therapeutics Inc. | 13,754 | 62 |
* | Chimerix Inc. | 50,447 | 61 |
* | Paratek Pharmaceuticals Inc. | 27,473 | 61 |
* | Inotiv Inc. | 12,773 | 61 |
*,1 | Vaxart Inc. | 82,063 | 60 |
*,1 | Greenwich Lifesciences Inc. | 6,258 | 60 |
* | ChromaDex Corp. | 37,499 | 59 |
*,1 | Rani Therapeutics Holdings Inc. Class A | 14,248 | 59 |
* | Graphite Bio Inc. | 22,375 | 58 |
*,1 | Alaunos Therapeutics Inc. | 111,142 | 57 |
* | Stereotaxis Inc. | 37,475 | 57 |
* | Hyperfine Inc. | 26,676 | 57 |
* | GeneDx Holdings Corp. Class A | 9,600 | 57 |
* | Aveanna Healthcare Holdings Inc. | 33,268 | 56 |
* | Reviva Pharmaceuticals Holdings Inc. | 9,618 | 56 |
* | Galectin Therapeutics Inc. | 37,318 | 54 |
*,1 | Eton Pharmaceuticals Inc. | 15,500 | 54 |
*,1 | Matinas BioPharma Holdings Inc. | 146,195 | 53 |
* | Relmada Therapeutics Inc. | 21,534 | 53 |
* | Talaris Therapeutics Inc. | 17,570 | 53 |
* | Curis Inc. | 61,130 | 51 |
* | Adicet Bio Inc. | 20,544 | 50 |
* | Third Harmonic Bio Inc. | 10,433 | 50 |
* | Pro-Dex Inc. | 2,523 | 48 |
*,1 | Adagio Therapeutics Inc. | 45,821 | 48 |
*,1 | Scynexis Inc. | 15,858 | 47 |
*,1 | Sonendo Inc. | 34,483 | 47 |
* | Personalis Inc. | 24,439 | 46 |
* | Kinnate Biopharma Inc. | 15,091 | 46 |
* | Poseida Therapeutics Inc. Class A | 25,855 | 45 |
*,1 | Aravive Inc. | 35,258 | 44 |
Shares | Market Value• ($000) | ||
* | Dyadic International Inc. | 23,051 | 44 |
* | Merrimack Pharmaceuticals Inc. | 3,556 | 44 |
* | Kronos Bio Inc. | 25,786 | 44 |
* | Century Therapeutics Inc. | 13,813 | 44 |
*,1 | Absci Corp. | 28,820 | 44 |
* | BioSig Technologies Inc. | 34,130 | 43 |
*,1 | SmileDirectClub Inc. | 81,621 | 43 |
*,1 | Dermtech Inc. | 16,722 | 43 |
* | Decibel Therapeutics Inc. | 10,874 | 42 |
* | Cardiff Oncology Inc. | 27,727 | 41 |
* | Dare Bioscience Inc. | 44,843 | 41 |
* | Neuronetics Inc. | 18,525 | 40 |
* | Viracta Therapeutics Inc. | 28,450 | 40 |
*,1 | Bioventus Inc. Class A | 13,494 | 39 |
*,1 | MyMD Pharmaceuticals Inc. | �� 26,030 | 39 |
* | Vicarious Surgical Inc. | 21,349 | 39 |
* | ViewRay Inc. | 108,742 | 38 |
* | Nkarta Inc. | 17,135 | 38 |
* | Eyenovia Inc. | 16,207 | 38 |
* | Clearside Biomedical Inc. | 33,371 | 37 |
* | aTyr Pharma Inc. | 17,108 | 37 |
* | Forian Inc. | 14,566 | 36 |
* | enVVeno Medical Corp. | 11,710 | 36 |
* | Sensus Healthcare Inc. | 11,106 | 35 |
* | PepGen Inc. | 3,938 | 35 |
* | Aquestive Therapeutics Inc. | 20,542 | 34 |
* | Immunic Inc. | 13,685 | 34 |
* | Lantern Pharma Inc. | 5,987 | 34 |
* | Milestone Scientific Inc. | 37,457 | 33 |
* | CareCloud Inc. | 11,111 | 33 |
*,1 | Hepion Pharmaceuticals Inc. | 3,104 | 33 |
* | Fortress Biotech Inc. | 57,880 | 32 |
*,2 | PDL BioPharma Inc. | 76,234 | 32 |
* | Societal CDMO Inc. | 29,155 | 32 |
* | Pardes Biosciences Inc. | 17,730 | 32 |
* | Praxis Precision Medicines Inc. | 26,629 | 31 |
* | Movano Inc. | 28,211 | 31 |
* | Sigilon Therapeutics Inc. | 1,363 | 31 |
*,1 | Lyra Therapeutics Inc. | 7,194 | 30 |
*,1 | Genprex Inc. | 32,101 | 30 |
* | Lensar Inc. | 6,985 | 30 |
* | Pyxis Oncology Inc. | 11,615 | 30 |
* | Corbus Pharmaceuticals Holdings Inc. | 3,766 | 30 |
*,1 | Spero Therapeutics Inc. | 19,689 | 29 |
* | Passage Bio Inc. | 30,974 | 29 |
* | Exagen Inc. | 9,919 | 29 |
Shares | Market Value• ($000) | ||
* | AIM ImmunoTech Inc. | 43,668 | 29 |
* | Homology Medicines Inc. | 30,844 | 27 |
* | Larimar Therapeutics Inc. | 8,733 | 27 |
*,1 | Bright Green Corp. | 26,666 | 27 |
*,1 | Mei Pharma Inc. | 4,079 | 27 |
* | Magenta Therapeutics Inc. | 33,990 | 26 |
* | Co.-Diagnostics Inc. | 22,364 | 25 |
* | Optinose Inc. | 20,513 | 25 |
* | iCAD Inc. | 15,565 | 25 |
* | Aligos Therapeutics Inc. | 24,596 | 24 |
* | Bolt Biotherapeutics Inc. | 18,932 | 24 |
*,1 | Syros Pharmaceuticals Inc. | 7,704 | 24 |
*,1 | Quince Therapeutics Inc. | 14,974 | 23 |
*,1 | SELLAS Life Sciences Group Inc. | 14,948 | 23 |
* | NeuroPace Inc. | 5,190 | 23 |
* | Werewolf Therapeutics Inc. | 7,424 | 23 |
* | TherapeuticsMD Inc. | 5,486 | 23 |
*,1 | Bright Health Group Inc. | 1,899 | 23 |
* | Lipocine Inc. | 4,409 | 22 |
*,1 | Accelerate Diagnostics Inc. | 25,335 | 21 |
*,1 | Atreca Inc. Class A | 21,020 | 21 |
* | Orgenesis Inc. | 14,863 | 21 |
* | PAVmed Inc. | 51,627 | 21 |
* | Celularity Inc. | 40,095 | 21 |
* | Strata Skin Sciences Inc. | 21,171 | 20 |
* | Ekso Bionics Holdings Inc. | 14,085 | 20 |
* | Lumos Pharma Inc. | 5,932 | 20 |
* | Neoleukin Therapeutics Inc. | 24,542 | 20 |
*,2 | Tobira Therapeutics Inc. CVR | 4,500 | 20 |
* | Delcath Systems Inc. | 3,498 | 20 |
* | Instil Bio Inc. | 34,524 | 19 |
* | Cue Health Inc. | 51,949 | 19 |
* | Eiger BioPharmaceuticals Inc. | 25,269 | 18 |
* | Eledon Pharmaceuticals Inc. | 13,263 | 18 |
*,1 | Cocrystal Pharma Inc. | 7,576 | 18 |
* | ElectroCore Inc. | 3,704 | 18 |
* | Synlogic Inc. | 39,063 | 17 |
* | Acutus Medical Inc. | 19,578 | 17 |
* | Surface Oncology Inc. | 20,025 | 17 |
* | Sensei Biotherapeutics Inc. | 15,072 | 17 |
* | Clene Inc. | 19,510 | 17 |
* | Onconova Therapeutics Inc. | 14,441 | 17 |
*,1 | Elicio Operating Co. Inc. | 1,745 | 17 |
*,1 | Oncocyte Corp. | 67,695 | 16 |
* | PhenomeX Inc. | 33,469 | 16 |
Shares | Market Value• ($000) | ||
*,1 | Impel Pharmaceuticals Inc. | 12,285 | 16 |
* | Rain Oncology Inc. | 13,141 | 16 |
* | Singular Genomics Systems Inc. | 19,503 | 16 |
* | Oncology Institute Inc. | 29,068 | 16 |
* | Palatin Technologies Inc. | 7,653 | 16 |
* | Solid Biosciences Inc. | 2,967 | 16 |
* | Leap Therapeutics Inc. | 5,065 | 16 |
* | IRIDEX Corp. | 7,102 | 15 |
* | Alpha Teknova Inc. | 5,588 | 15 |
* | Molecular Templates Inc. | 29,805 | 14 |
* | Harpoon Therapeutics Inc. | 19,516 | 14 |
* | Infinity Pharmaceuticals Inc. | 65,713 | 14 |
* | Telesis Bio Inc. | 8,909 | 14 |
* | Cyteir Therapeutics Inc. | 5,209 | 14 |
* | Equillium Inc. | 17,857 | 13 |
* | Dominari Holdings Inc. | 4,463 | 13 |
* | Mallinckrodt plc | 10,983 | 13 |
*,1 | Checkpoint Therapeutics Inc. | 5,358 | 13 |
*,1 | Sientra Inc. | 4,467 | 13 |
* | Oncternal Therapeutics Inc. | 34,025 | 12 |
* | Retractable Technologies Inc. | 9,432 | 11 |
* | NRX Pharmaceuticals Inc. | 23,700 | 11 |
* | Biora Therapeutics Inc. | 2,874 | 11 |
* | Precipio Inc. | 25,063 | 10 |
* | Vivos Therapeutics Inc. | 19,268 | 10 |
* | Science 37 Holdings Inc. | 47,942 | 10 |
* | Aspira Women's Health Inc. | 3,090 | 10 |
* | Vincerx Pharma Inc. | 6,849 | 9 |
* | eFFECTOR Therapeutics Inc. | 11,437 | 9 |
*,1 | SAB Biotherapeutics Inc. | 10,730 | �� 9 |
*,1 | Cellectar Biosciences Inc. | 4,608 | 9 |
*,1 | Evelo Biosciences Inc. | 2,748 | 9 |
* | Elevation Oncology Inc. | 5,352 | 8 |
* | Tempest Therapeutics Inc. | 6,359 | 8 |
* | Imunon Inc. | 6,172 | 8 |
* | UpHealth Inc. | 4,033 | 8 |
* | Frequency Therapeutics Inc. | 21,606 | 7 |
* | Rapid Micro Biosystems Inc. Class A | 7,185 | 7 |
* | Vapotherm Inc. | 13,917 | 6 |
* | TFF Pharmaceuticals Inc. | 12,846 | 6 |
* | Taysha Gene Therapies Inc. | 9,398 | 6 |
* | Processa Pharmaceuticals Inc. | 13,054 | 6 |
* | Surrozen Inc. | 10,142 | 6 |
Shares | Market Value• ($000) | ||
* | MiNK Therapeutics Inc. | 2,650 | 6 |
* | Diffusion Pharmaceuticals Inc. | 1,886 | 6 |
*,1 | 9 Meters Biopharma Inc. | 8,771 | 6 |
* | Vistagen Therapeutics Inc. | 3,043 | 6 |
*,1 | AcelRx Pharmaceuticals Inc. | 4,832 | 5 |
* | Venus Concept Inc. | 2,574 | 5 |
* | ATI Physical Therapy Inc. | 520 | 5 |
* | Precision BioSciences Inc. | 7,156 | 4 |
* | Hookipa Pharma Inc. | 4,083 | 4 |
* | Applied Molecular Transport Inc. | 15,287 | 4 |
* | Axcella Health Inc. | 18,758 | 4 |
* | SQZ Biotechnologies Co. | 15,806 | 4 |
*,1 | GT Biopharma Inc. | 12,308 | 4 |
*,1 | Athersys Inc. | 4,976 | 4 |
*,1 | iBio Inc. | 7,283 | 4 |
* | Aprea Therapeutics Inc. | 1,136 | 4 |
* | Eargo Inc. | 774 | 4 |
* | Novan Inc. | 4,751 | 2 |
* | Avalo Therapeutics Inc. | 3,596 | 1 |
*,2 | Synergy Pharmaceuticals Inc. | 412,534 | — |
*,2 | OmniAb Inc. 12.5 Earnout | 3,939 | — |
*,2 | OmniAb Inc. 15 Earnout | 3,939 | — |
3,744,336 | |||
Industrials (13.0%) | |||
Visa Inc. Class A | 1,083,629 | 257,340 | |
Mastercard Inc. Class A | 566,623 | 222,853 | |
Accenture plc Class A | 422,828 | 130,476 | |
Raytheon Technologies Corp. | 978,154 | 95,820 | |
Honeywell International Inc. | 445,300 | 92,400 | |
United Parcel Service Inc. Class B (XNYS) | 485,899 | 87,097 | |
* | Boeing Co. | 402,540 | 85,000 |
Caterpillar Inc. | 345,061 | 84,902 | |
Union Pacific Corp. | 408,491 | 83,585 | |
General Electric Co. | 727,510 | 79,917 | |
Lockheed Martin Corp. | 169,703 | 78,128 | |
Deere & Co. | 178,603 | 72,368 | |
American Express Co. | 373,102 | 64,994 | |
Automatic Data Processing Inc. | 276,503 | 60,773 | |
Eaton Corp. plc | 266,621 | 53,617 | |
* | PayPal Holdings Inc. | 746,271 | 49,799 |
* | Fiserv Inc. | 391,967 | 49,447 |
CSX Corp. | 1,362,259 | 46,453 | |
Illinois Tool Works Inc. | 173,363 | 43,368 | |
Northrop Grumman Corp. | 91,491 | 41,702 | |
Sherwin-Williams Co. | 155,408 | 41,264 |
Shares | Market Value• ($000) | ||
FedEx Corp. | 151,468 | 37,549 | |
3M Co. | 368,679 | 36,901 | |
General Dynamics Corp. | 165,359 | 35,577 | |
Emerson Electric Co. | 382,823 | 34,603 | |
Norfolk Southern Corp. | 152,547 | 34,592 | |
Parker-Hannifin Corp. | 85,752 | 33,447 | |
Johnson Controls International plc | 459,313 | 31,298 | |
TransDigm Group Inc. | 34,821 | 31,136 | |
PACCAR Inc. | 349,603 | 29,244 | |
Trane Technologies plc | 152,748 | 29,215 | |
Cintas Corp. | 57,777 | 28,720 | |
Carrier Global Corp. | 558,561 | 27,766 | |
Capital One Financial Corp. | 241,989 | 26,466 | |
Rockwell Automation Inc. | 76,702 | 25,269 | |
AMETEK Inc. | 154,219 | 24,965 | |
L3Harris Technologies Inc. | 126,672 | 24,799 | |
Otis Worldwide Corp. | 278,078 | 24,752 | |
Old Dominion Freight Line Inc. | 65,943 | 24,382 | |
Paychex Inc. | 216,430 | 24,212 | |
* | Block Inc. (XNYS) | 363,475 | 24,197 |
WW Grainger Inc. | 30,161 | 23,785 | |
PPG Industries Inc. | 157,193 | 23,312 | |
Cummins Inc. | 94,757 | 23,231 | |
Verisk Analytics Inc. Class A | 96,728 | 21,863 | |
Fidelity National Information Services Inc. | 394,115 | 21,558 | |
Ferguson plc | 136,985 | 21,549 | |
United Rentals Inc. | 45,870 | 20,429 | |
Vulcan Materials Co. | 89,212 | 20,112 | |
* | Keysight Technologies Inc. | 119,034 | 19,932 |
DuPont de Nemours Inc. | 275,961 | 19,715 | |
* | Mettler-Toledo International Inc. | 14,710 | 19,294 |
Equifax Inc. | 81,738 | 19,233 | |
Martin Marietta Materials Inc. | 41,496 | 19,158 | |
Quanta Services Inc. | 96,797 | 19,016 | |
Xylem Inc. | 159,913 | 18,009 | |
Fortive Corp. | 236,352 | 17,672 | |
Ingersoll Rand Inc. (XYNS) | 269,325 | 17,603 | |
Global Payments Inc. | 174,323 | 17,174 | |
Dover Corp. | 93,220 | 13,764 | |
Westinghouse Air Brake Technologies Corp. | 120,071 | 13,168 | |
* | Teledyne Technologies Inc. | 31,363 | 12,894 |
Howmet Aerospace Inc. | 259,405 | 12,856 | |
* | Fair Isaac Corp. | 15,847 | 12,824 |
Expeditors International of Washington Inc. | 101,603 | 12,307 | |
Ball Corp. | 210,177 | 12,234 | |
Hubbell Inc. Class B | 35,828 | 11,879 |
Shares | Market Value• ($000) | ||
* | FleetCor Technologies Inc. | 46,607 | 11,702 |
* | Builders FirstSource Inc. | 85,474 | 11,624 |
IDEX Corp. | 50,635 | 10,900 | |
* | Waters Corp. | 39,509 | 10,531 |
* | Zebra Technologies Corp. Class A | 34,336 | 10,158 |
Snap-on Inc. | 35,201 | 10,145 | |
JB Hunt Transport Services Inc. | 55,812 | 10,104 | |
Jacobs Solutions Inc. | 84,893 | 10,093 | |
TransUnion | 128,736 | 10,084 | |
Booz Allen Hamilton Holding Corp. Class A | 88,391 | 9,864 | |
HEICO Corp. Class A | 69,717 | 9,802 | |
Synchrony Financial | 287,296 | 9,745 | |
Stanley Black & Decker Inc. | 102,784 | 9,632 | |
Graco Inc. | 107,179 | 9,255 | |
* | Axon Enterprise Inc. | 47,112 | 9,192 |
Textron Inc. | 134,331 | 9,085 | |
Carlisle Cos. Inc. | 34,066 | 8,739 | |
* | Trimble Inc. | 165,027 | 8,737 |
Nordson Corp. | 34,671 | 8,605 | |
Masco Corp. | 149,594 | 8,584 | |
Watsco Inc. | 22,265 | 8,493 | |
Jack Henry & Associates Inc. | 48,523 | 8,119 | |
Packaging Corp. of America | 60,248 | 7,962 | |
* | Bill Holdings Inc. | 67,264 | 7,860 |
Owens Corning | 60,158 | 7,851 | |
AECOM | 92,697 | 7,850 | |
Lincoln Electric Holdings Inc. | 38,779 | 7,703 | |
RPM International Inc. | 85,596 | 7,681 | |
CH Robinson Worldwide Inc. | 78,611 | 7,417 | |
Toro Co. | 70,465 | 7,163 | |
Pentair plc | 109,229 | 7,056 | |
Crown Holdings Inc. | 81,144 | 7,049 | |
Allegion plc | 58,566 | 7,029 | |
Lennox International Inc. | 21,501 | 7,011 | |
Regal Rexnord Corp. | 44,351 | 6,826 | |
Cognex Corp. | 114,966 | 6,440 | |
* | WillScot Mobile Mini Holdings Corp. | 134,067 | 6,407 |
* | Generac Holdings Inc. | 42,105 | 6,279 |
WESCO International Inc. | 34,730 | 6,219 | |
A O Smith Corp. | 84,340 | 6,138 | |
Fortune Brands Innovations Inc. | 85,150 | 6,127 | |
* | Saia Inc. | 17,612 | 6,031 |
Huntington Ingalls Industries Inc. | 26,494 | 6,030 | |
EMCOR Group Inc. | 31,704 | 5,858 | |
nVent Electric plc | 112,377 | 5,807 | |
Tetra Tech Inc. | 35,282 | 5,777 | |
Advanced Drainage Systems Inc. | 50,017 | 5,691 | |
* | TopBuild Corp. | 21,353 | 5,680 |
Knight-Swift Transportation Holdings Inc. | 101,625 | 5,646 |
Shares | Market Value• ($000) | ||
AGCO Corp. | 42,116 | 5,535 | |
* | Middleby Corp. | 35,774 | 5,288 |
* | WEX Inc. | 28,647 | 5,216 |
* | Paylocity Holding Corp. | 28,228 | 5,209 |
ITT Inc. | 55,274 | 5,152 | |
Donaldson Co. Inc. | 82,258 | 5,142 | |
AptarGroup Inc. | 44,354 | 5,139 | |
Robert Half International Inc. | 67,750 | 5,096 | |
Graphic Packaging Holding Co. | 208,596 | 5,013 | |
* | GXO Logistics Inc. | 78,973 | 4,961 |
Westrock Co. | 169,994 | 4,942 | |
* | MasTec Inc. | 41,857 | 4,938 |
* | Axalta Coating Systems Ltd. | 148,782 | 4,882 |
Littelfuse Inc. | 16,590 | 4,833 | |
MKS Instruments Inc. | 44,436 | 4,804 | |
Berry Global Group Inc. | 74,545 | 4,796 | |
Curtiss-Wright Corp. | 26,073 | 4,789 | |
* | Trex Co. Inc. | 72,128 | 4,729 |
Woodward Inc. | 39,465 | 4,693 | |
Genpact Ltd. | 124,549 | 4,679 | |
Sensata Technologies Holding plc | 103,151 | 4,641 | |
* | Chart Industries Inc. | 28,610 | 4,572 |
Landstar System Inc. | 23,487 | 4,522 | |
BWX Technologies Inc. | 61,949 | 4,434 | |
MSA Safety Inc. | 25,126 | 4,371 | |
Eagle Materials Inc. | 23,372 | 4,357 | |
* | XPO Inc. | 73,449 | 4,333 |
* | FTI Consulting Inc. | 22,523 | 4,284 |
Brunswick Corp. | 46,395 | 4,020 | |
* | Atkore Inc. | 25,536 | 3,982 |
Valmont Industries Inc. | 13,488 | 3,926 | |
Simpson Manufacturing Co. Inc. | 28,269 | 3,915 | |
Sonoco Products Co. | 65,724 | 3,879 | |
Sealed Air Corp. | 96,939 | 3,878 | |
Comfort Systems USA Inc. | 23,594 | 3,874 | |
Oshkosh Corp. | 44,615 | 3,863 | |
* | ATI Inc. | 86,916 | 3,844 |
* | Mohawk Industries Inc. | 37,042 | 3,821 |
Applied Industrial Technologies Inc. | 25,997 | 3,765 | |
* | Euronet Worldwide Inc. | 31,227 | 3,665 |
Allison Transmission Holdings Inc. | 61,533 | 3,474 | |
Maximus Inc. | 41,113 | 3,474 | |
Acuity Brands Inc. | 21,040 | 3,431 | |
Watts Water Technologies Inc. Class A | 18,246 | 3,352 | |
* | API Group Corp. | 122,229 | 3,332 |
Vontier Corp. | 103,198 | 3,324 | |
Louisiana-Pacific Corp. | 44,024 | 3,301 | |
Flowserve Corp. | 87,966 | 3,268 | |
* | ExlService Holdings Inc. | 21,476 | 3,244 |
1 | GATX Corp. | 24,253 | 3,122 |
* | Kirby Corp. | 40,562 | 3,121 |
Shares | Market Value• ($000) | ||
Exponent Inc. | 33,228 | 3,101 | |
Triton International Ltd. | 36,890 | 3,071 | |
* | Summit Materials Inc. Class A | 79,728 | 3,018 |
EnerSys | 27,494 | 2,984 | |
* | AMN Healthcare Services Inc. | 27,009 | 2,947 |
Air Lease Corp. Class A | 70,382 | 2,945 | |
Insperity Inc. | 24,603 | 2,927 | |
* | Fluor Corp. | 98,644 | 2,920 |
MSC Industrial Direct Co. Inc. Class A | 30,444 | 2,901 | |
MDU Resources Group Inc. | 138,454 | 2,899 | |
Western Union Co. | 246,893 | 2,896 | |
Crane Co. | 32,472 | 2,894 | |
Badger Meter Inc. | 19,159 | 2,827 | |
* | AZEK Co. Inc. Class A | 92,933 | 2,815 |
AAON Inc. | 29,631 | 2,809 | |
Belden Inc. | 29,070 | 2,781 | |
* | Beacon Roofing Supply Inc. | 32,697 | 2,713 |
* | Aerojet Rocketdyne Holdings Inc. | 49,418 | 2,712 |
Franklin Electric Co. Inc. | 26,153 | 2,691 | |
* | Shift4 Payments Inc. Class A | 39,273 | 2,667 |
Terex Corp. | 44,235 | 2,647 | |
John Bean Technologies Corp. | 21,501 | 2,608 | |
ManpowerGroup Inc. | 32,658 | 2,593 | |
Zurn Elkay Water Solutions Corp. | 96,193 | 2,587 | |
HB Fuller Co. | 36,021 | 2,576 | |
Silgan Holdings Inc. | 54,296 | 2,546 | |
Esab Corp. | 38,065 | 2,533 | |
Ryder System Inc. | 29,713 | 2,519 | |
* | SPX Technologies Inc. | 28,923 | 2,458 |
* | ASGN Inc. | 31,834 | 2,408 |
Herc Holdings Inc. | 17,583 | 2,406 | |
Federal Signal Corp. | 36,681 | 2,349 | |
Installed Building Products Inc. | 16,690 | 2,339 | |
Otter Tail Corp. | 28,449 | 2,246 | |
* | Alight Inc. Class A | 241,401 | 2,231 |
* | O-I Glass Inc. | 103,048 | 2,198 |
Armstrong World Industries Inc. | 29,562 | 2,172 | |
* | Dycom Industries Inc. | 19,051 | 2,165 |
* | TriNet Group Inc. | 22,613 | 2,148 |
*,1 | Affirm Holdings Inc. | 139,383 | 2,137 |
Spirit AeroSystems Holdings Inc. Class A | 73,122 | 2,134 | |
* | Itron Inc. | 29,231 | 2,108 |
Encore Wire Corp. | 11,330 | 2,107 | |
* | Flywire Corp. | 67,828 | 2,105 |
Moog Inc. Class A | 19,206 | 2,082 | |
Hillenbrand Inc. | 40,511 | 2,077 | |
HEICO Corp. | 11,684 | 2,067 | |
* | Bloom Energy Corp. Class A | 125,443 | 2,051 |
* | Core & Main Inc. Class A | 63,478 | 1,989 |
*,1 | Joby Aviation Inc. | 192,957 | 1,980 |
Shares | Market Value• ($000) | ||
Brink's Co. | 28,267 | 1,917 | |
EnPro Industries Inc. | 14,248 | 1,903 | |
Forward Air Corp. | 17,731 | 1,881 | |
* | GMS Inc. | 26,923 | 1,863 |
Albany International Corp. Class A | 19,859 | 1,852 | |
Crane NXT Co. | 32,472 | 1,833 | |
ABM Industries Inc. | 42,253 | 1,802 | |
* | RXO Inc. | 78,761 | 1,785 |
FTAI Aviation Ltd. | 56,335 | 1,784 | |
ESCO Technologies Inc. | 17,096 | 1,772 | |
Korn Ferry | 35,706 | 1,769 | |
* | ACI Worldwide Inc. | 75,775 | 1,756 |
Mueller Water Products Inc. Class A | 107,014 | 1,737 | |
Matson Inc. | 22,258 | 1,730 | |
CSW Industrials Inc. | 10,383 | 1,726 | |
* | Verra Mobility Corp. Class A | 86,986 | 1,715 |
Kadant Inc. | 7,686 | 1,707 | |
Werner Enterprises Inc. | 38,312 | 1,693 | |
* | Resideo Technologies Inc. | 95,827 | 1,692 |
* | CBIZ Inc. | 31,478 | 1,677 |
* | AeroVironment Inc. | 16,307 | 1,668 |
EVERTEC Inc. | 45,210 | 1,665 | |
UniFirst Corp. | 10,445 | 1,619 | |
* | Marqeta Inc. Class A | 329,361 | 1,604 |
* | MYR Group Inc. | 11,527 | 1,595 |
* | Hub Group Inc. Class A | 19,554 | 1,571 |
Kennametal Inc. | 54,849 | 1,557 | |
ICF International Inc. | 12,487 | 1,553 | |
ArcBest Corp. | 15,492 | 1,531 | |
* | Masonite International Corp. | 14,927 | 1,529 |
* | Remitly Global Inc. | 80,191 | 1,509 |
McGrath RentCorp. | 16,300 | 1,507 | |
* | Knife River Corp. | 34,613 | 1,506 |
*,1 | Enovix Corp. | 82,793 | 1,494 |
Helios Technologies Inc. | 22,120 | 1,462 | |
ADT Inc. | 238,755 | 1,440 | |
Trinity Industries Inc. | 55,583 | 1,429 | |
Barnes Group Inc. | 33,140 | 1,398 | |
Brady Corp. Class A | 29,059 | 1,382 | |
Greif Inc. Class A | 19,469 | 1,341 | |
* | Gibraltar Industries Inc. | 20,893 | 1,315 |
* | AAR Corp. | 22,255 | 1,285 |
Alamo Group Inc. | 6,965 | 1,281 | |
* | Mercury Systems Inc. | 37,014 | 1,280 |
Griffon Corp. | 31,669 | 1,276 | |
* | OSI Systems Inc. | 10,692 | 1,260 |
* | Kratos Defense & Security Solutions Inc. | 84,867 | 1,217 |
* | Gates Industrial Corp. plc | 90,004 | 1,213 |
Granite Construction Inc. | 29,933 | 1,191 | |
Standex International Corp. | 8,184 | 1,158 | |
* | Modine Manufacturing Co. | 34,967 | 1,155 |
Shares | Market Value• ($000) | ||
* | Sterling Infrastructure Inc. | 20,701 | 1,155 |
* | PGT Innovations Inc. | 39,130 | 1,141 |
International Seaways Inc. | 29,678 | 1,135 | |
* | Huron Consulting Group Inc. | 13,204 | 1,121 |
Patrick Industries Inc. | 14,015 | 1,121 | |
* | Hayward Holdings Inc. | 87,274 | 1,121 |
* | Mirion Technologies Inc. Class A | 132,007 | 1,115 |
* | AvidXchange Holdings Inc. | 105,906 | 1,099 |
* | Rocket Lab USA Inc. | 182,365 | 1,094 |
Primoris Services Corp. | 35,682 | 1,087 | |
Veritiv Corp. | 8,384 | 1,053 | |
Bread Financial Holdings Inc. | 33,502 | 1,052 | |
Tennant Co. | 12,963 | 1,051 | |
* | Hillman Solutions Corp. | 115,537 | 1,041 |
*,1 | PureCycle Technologies Inc. | 92,711 | 991 |
* | Masterbrand Inc. | 85,069 | 989 |
H&E Equipment Services Inc. | 21,434 | 981 | |
* | NV5 Global Inc. | 8,784 | 973 |
Enerpac Tool Group Corp. Class A | 35,260 | 952 | |
* | Air Transport Services Group Inc. | 49,518 | 934 |
* | JELD-WEN Holding Inc. | 52,294 | 917 |
* | Energy Recovery Inc. | 32,726 | 915 |
* | Legalzoom.com Inc. | 73,488 | 888 |
Lindsay Corp. | 7,356 | 878 | |
Greenbrier Cos. Inc. | 20,106 | 867 | |
Marten Transport Ltd. | 40,284 | 866 | |
Kforce Inc. | 13,498 | 846 | |
* | Vicor Corp. | 15,479 | 836 |
* | Construction Partners Inc. Class A | 26,330 | 826 |
Wabash National Corp. | 32,081 | 823 | |
* | American Woodmark Corp. | 10,668 | 815 |
* | Payoneer Global Inc. | 166,561 | 801 |
* | Donnelley Financial Solutions Inc. | 17,471 | 795 |
TriMas Corp. | 28,333 | 779 | |
* | CIRCOR International Inc. | 13,776 | 778 |
Schneider National Inc. Class B | 26,924 | 773 | |
* | Aurora Innovation Inc. | 261,523 | 769 |
Columbus McKinnon Corp. | 18,897 | 768 | |
Napco Security Technologies Inc. | 22,084 | 765 | |
* | Montrose Environmental Group Inc. | 17,944 | 756 |
*,1 | Symbotic Inc. | 17,155 | 734 |
* | ZipRecruiter Inc. Class A | 41,212 | 732 |
* | Cross Country Healthcare Inc. | 24,857 | 698 |
* | CoreCivic Inc. | 73,790 | 694 |
Shares | Market Value• ($000) | ||
Apogee Enterprises Inc. | 14,390 | 683 | |
AZZ Inc. | 15,672 | 681 | |
Astec Industries Inc. | 14,990 | 681 | |
*,1 | Virgin Galactic Holdings Inc. | 174,969 | 679 |
* | Proto Labs Inc. | 18,265 | 639 |
* | Cimpress plc | 10,377 | 617 |
* | Thermon Group Holdings Inc. | 23,090 | 614 |
*,1 | Leonardo DRS Inc. | 35,211 | 611 |
* | Green Dot Corp. Class A | 32,065 | 601 |
* | Janus International Group Inc. | 55,965 | 597 |
Chase Corp. | 4,896 | 593 | |
* | First Advantage Corp. | 37,156 | 573 |
Heartland Express Inc. | 34,744 | 570 | |
Quanex Building Products Corp. | 20,720 | 556 | |
* | BlueLinx Holdings Inc. | 5,916 | 555 |
* | CryoPort Inc. | 31,264 | 539 |
* | International Money Express Inc. | 21,778 | 534 |
* | SP Plus Corp. | 13,055 | 511 |
* | Triumph Group Inc. | 39,116 | 484 |
Kaman Corp. | 19,711 | 480 | |
*,1 | Nikola Corp. | 344,588 | 476 |
Shyft Group Inc. | 21,374 | 471 | |
Douglas Dynamics Inc. | 15,634 | 467 | |
Deluxe Corp. | 26,435 | 462 | |
* | Ducommun Inc. | 10,493 | 457 |
Myers Industries Inc. | 23,354 | 454 | |
Mesa Laboratories Inc. | 3,399 | 437 | |
Allied Motion Technologies Inc. | 10,898 | 435 | |
Pitney Bowes Inc. | 122,407 | 433 | |
TTEC Holdings Inc. | 12,779 | 432 | |
* | Transcat Inc. | 4,995 | 426 |
CRA International Inc. | 4,137 | 422 | |
* | Repay Holdings Corp. Class A | 53,054 | 415 |
Gorman-Rupp Co. | 14,174 | 409 | |
* | Titan International Inc. | 35,420 | 407 |
Insteel Industries Inc. | 12,847 | 400 | |
Hyster-Yale Materials Handling Inc. | 7,142 | 399 | |
* | Manitowoc Co. Inc. | 20,774 | 391 |
* | Evolv Technologies Holdings Inc. | 64,297 | 386 |
* | V2X Inc. | 7,758 | 384 |
* | TrueBlue Inc. | 21,435 | 380 |
Barrett Business Services Inc. | 4,348 | 379 | |
* | Franklin Covey Co. | 8,643 | 378 |
* | Conduent Inc. | 110,060 | 374 |
* | Titan Machinery Inc. | 12,688 | 374 |
* | Astronics Corp. | 18,393 | 365 |
Kelly Services Inc. Class A | 20,712 | 365 | |
* | Aspen Aerogels Inc. | 45,965 | 363 |
* | IES Holdings Inc. | 6,341 | 361 |
Heidrick & Struggles International Inc. | 13,509 | 358 | |
Ennis Inc. | 17,315 | 353 |
Shares | Market Value• ($000) | ||
*,1 | Eos Energy Enterprises Inc. | 81,245 | 353 |
VSE Corp. | 6,435 | 352 | |
*,1 | Archer Aviation Inc. Class A | 85,224 | 351 |
* | DXP Enterprises Inc. | 9,402 | 342 |
* | I3 Verticals Inc. Class A | 14,839 | 339 |
Powell Industries Inc. | 5,600 | 339 | |
Resources Connection Inc. | 21,381 | 336 | |
* | Vishay Precision Group Inc. | 9,031 | 335 |
* | Great Lakes Dredge & Dock Corp. | 40,776 | 333 |
United States Lime & Minerals Inc. | 1,592 | 333 | |
Cass Information Systems Inc. | 8,004 | 310 | |
* | Cantaloupe Inc. | 38,378 | 305 |
Argan Inc. | 7,717 | 304 | |
*,1 | Desktop Metal Inc. Class A | 167,096 | 296 |
* | Blue Bird Corp. | 13,070 | 294 |
* | Aersale Corp. | 19,925 | 293 |
National Presto Industries Inc. | 3,924 | 287 | |
1 | Eagle Bulk Shipping Inc. | 5,976 | 287 |
* | Custom Truck One Source Inc. | 42,513 | 287 |
* | Sterling Check Corp. | 22,976 | 282 |
FTAI Infrastructure Inc. | 74,858 | 276 | |
* | Bowman Consulting Group Ltd. Class A | 8,369 | 267 |
REV Group Inc. | 19,601 | 260 | |
* | Forrester Research Inc. | 8,441 | 246 |
Cadre Holdings Inc. | 11,279 | 246 | |
* | CECO Environmental Corp. | 18,094 | 242 |
LSI Industries Inc. | 18,908 | 237 | |
* | Commercial Vehicle Group Inc. | 21,010 | 233 |
* | Daseke Inc. | 32,052 | 229 |
* | Hudson Technologies Inc. | 23,217 | 223 |
* | Distribution Solutions Group Inc. | 4,252 | 221 |
* | TaskUS Inc. Class A | 19,113 | 216 |
Miller Industries Inc. | 6,057 | 215 | |
* | Overseas Shipholding Group Inc. Class A | 49,959 | 208 |
* | Babcock & Wilcox Enterprises Inc. | 34,947 | 206 |
* | FARO Technologies Inc. | 12,657 | 205 |
*,1 | Velo3D Inc. | 94,353 | 204 |
* | Limbach Holdings Inc. | 8,177 | 202 |
* | Radiant Logistics Inc. | 28,389 | 191 |
* | Atmus Filtration Technologies Inc. | 8,593 | 189 |
* | BrightView Holdings Inc. | 25,317 | 182 |
* | Luna Innovations Inc. | 19,734 | 180 |
* | Concrete Pumping Holdings Inc. | 22,106 | 177 |
* | Tutor Perini Corp. | 24,689 | 177 |
Shares | Market Value• ($000) | ||
* | Atlanticus Holdings Corp. | 4,164 | 175 |
*,1 | Microvast Holdings Inc. | 108,265 | 173 |
* | Hireright Holdings Corp. | 15,290 | 173 |
* | TuSimple Holdings Inc. Class A | 100,233 | 166 |
* | Willdan Group Inc. | 8,638 | 165 |
* | Blade Air Mobility Inc. | 41,940 | 165 |
Information Services Group Inc. | 30,277 | 162 | |
*,1 | Proterra Inc. | 132,229 | 159 |
* | Global Business Travel Group I | 21,471 | 155 |
Pactiv Evergreen Inc. | 20,016 | 152 | |
* | Gencor Industries Inc. | 9,715 | 151 |
* | BlackSky Technology Inc. | 67,765 | 150 |
* | Acacia Research Corp. | 35,109 | 146 |
Park Aerospace Corp. | 10,255 | 141 | |
* | Hyliion Holdings Corp. | 84,365 | 141 |
* | Target Hospitality Corp. | 10,465 | 140 |
* | Danimer Scientific Inc. | 58,942 | 140 |
* | SoundThinking Inc. | 6,306 | 138 |
* | Performant Financial Corp. | 51,043 | 138 |
* | CS Disco Inc. | 16,686 | 137 |
Universal Logistics Holdings Inc. | 4,679 | 135 | |
Park-Ohio Holdings Corp. | 7,053 | 134 | |
* | DHI Group Inc. | 34,401 | 132 |
Covenant Logistics Group Inc. Class A | 2,988 | 131 | |
* | Iteris Inc. | 33,154 | 131 |
* | Ranpak Holdings Corp. Class A | 28,481 | 129 |
1 | Hirequest Inc. | 4,907 | 128 |
* | Advantage Solutions Inc. | 53,753 | 126 |
*,1 | RCM Technologies Inc. | 6,698 | 123 |
* | Graham Corp. | 9,026 | 120 |
* | Mistras Group Inc. | 15,007 | 116 |
*,1 | Tingo Group Inc. | 94,891 | 115 |
* | L B Foster Co. Class A | 7,870 | 112 |
* | Paymentus Holdings Inc. Class A | 10,632 | 112 |
Kronos Worldwide Inc. | 12,662 | 111 | |
Hurco Cos. Inc. | 5,040 | 109 | |
* | US Xpress Enterprises Inc. Class A | 17,513 | 108 |
* | Twin Disc Inc. | 9,394 | 106 |
* | VirTra Inc. | 13,519 | 103 |
1 | ARC Document Solutions Inc. | 30,422 | 99 |
* | Quad/Graphics Inc. | 26,173 | 98 |
*,1 | Amprius Technologies Inc. | 13,135 | 94 |
* | Latch Inc. | 64,981 | 90 |
* | PAM Transportation Services Inc. | 3,326 | 89 |
* | 374Water Inc. | 36,898 | 88 |
*,1 | Workhorse Group Inc. | 100,038 | 87 |
* | Markforged Holding Corp. | 71,461 | 86 |
* | Paysign Inc. | 34,843 | 85 |
Shares | Market Value• ($000) | ||
*,1 | Terran Orbital Corp. | 56,410 | 85 |
BGSF Inc. | 8,582 | 82 | |
* | EVI Industries Inc. | 3,692 | 81 |
* | CPI Card Group Inc. | 3,492 | 81 |
Karat Packaging Inc. | 4,292 | 78 | |
* | Willis Lease Finance Corp. | 1,962 | 77 |
* | Orion Group Holdings Inc. | 27,064 | 76 |
PFSweb Inc. | 15,856 | 72 | |
* | SKYX Platforms Corp. | 27,010 | 72 |
* | Mayville Engineering Co. Inc. | 5,637 | 70 |
* | Hudson Global Inc. | 2,857 | 64 |
*,1 | Smith-Midland Corp. | 2,675 | 64 |
* | DLH Holdings Corp. | 5,768 | 59 |
* | Core Molding Technologies Inc. | 2,518 | 57 |
* | Byrna Technologies Inc. | 11,420 | 57 |
* | Skillsoft Corp. | 40,845 | 51 |
* | FreightCar America Inc. | 16,584 | 49 |
*,1 | Hyzon Motors Inc. | 51,124 | 49 |
* | Alpha Pro Tech Ltd. | 12,073 | 48 |
*,1 | INNOVATE Corp. | 25,298 | 44 |
* | Rekor Systems Inc. | 22,282 | 40 |
* | Spire Global Inc. | 74,685 | 38 |
* | Moneylion Inc. | 3,090 | 37 |
* | Wrap Technologies Inc. | 24,753 | 36 |
Frequency Electronics Inc. | 5,508 | 36 | |
*,1 | BM Technologies Inc. | 12,201 | 36 |
* | LightPath Technologies Inc. Class A | 25,635 | 35 |
* | RF Industries Ltd. | 8,155 | 34 |
* | Orion Energy Systems Inc. | 20,324 | 33 |
* | Usio Inc. | 16,474 | 31 |
*,1 | Redwire Corp. | 11,752 | 30 |
* | ClearSign Technologies Corp. | 20,576 | 27 |
* | Berkshire Grey Inc. | 19,018 | 27 |
* | Innovative Solutions & Support Inc. | 3,690 | 26 |
* | StarTek Inc. | 8,991 | 26 |
*,1 | Astra Space Inc. | 70,427 | 26 |
* | Izea Worldwide Inc. | 10,891 | 26 |
* | Yellow Corp. | 35,952 | 25 |
*,1 | Hydrofarm Holdings Group Inc. | 23,262 | 18 |
*,1 | Biotricity Inc. | 26,299 | 17 |
*,1 | Sarcos Technology & Robotics Corp. | 52,552 | 17 |
* | Mega Matrix Corp. | 12,430 | 16 |
*,1 | View Inc. | 95,251 | 12 |
* | AEye Inc. | 63,833 | 11 |
* | Momentus Inc. Class A | 30,833 | 10 |
* | Energous Corp. | 36,561 | 9 |
* | AgEagle Aerial Systems Inc. | 37,077 | 9 |
* | Xos Inc. | 30,722 | 7 |
* | Nuvve Holding Corp. | 10,269 | 6 |
* | Williams Industrial Services Group Inc. | 14,168 | 5 |
Shares | Market Value• ($000) | ||
* | Lightning eMotors Inc. | 1,439 | 5 |
3,777,356 | |||
Other (0.0%)4 | |||
*,2 | Lubys Inc. | 14,037 | 25 |
*,2 | Omthera Pharmaceuticals Inc. CVR | 31,662 | 8 |
*,2 | Strongbridge Biopharm CVR | 45,385 | 8 |
*,2 | Alexza Pharmaceuticals Inc. CVR | 80,591 | 3 |
*,2 | Aduro Biotech Inc. CVR | 11,427 | 2 |
*,2 | Adamas Pharmaceuticals Inc. CVR 2024 | 30,505 | 2 |
*,2 | Adamas Pharmaceuticals Inc. CVR 2025 | 30,505 | 2 |
*,2 | miRagen Therapeutics Inc. CVR | 67,673 | 1 |
*,2 | Spirit MTA REIT | 58,489 | — |
*,2 | Ambit Biosciences Corp. CVR | 29,736 | — |
*,2 | SRAX Inc. | 7,380 | — |
*,1,2 | Gemini Therapeutics Inc. CVR | 33,435 | — |
*,1,2 | Next Bridge Hydrocarbons Inc. | 49,663 | — |
*,2 | Sesen Bio Inc. CVR | 143,290 | — |
*,2 | GCI Liberty Inc. | 82,371 | — |
51 | |||
Real Estate (3.0%) | |||
Prologis Inc. | 618,104 | 75,798 | |
American Tower Corp. | 312,167 | 60,542 | |
Equinix Inc. | 62,588 | 49,065 | |
Crown Castle Inc. | 290,534 | 33,103 | |
Public Storage | 106,053 | 30,955 | |
Realty Income Corp. | 453,002 | 27,085 | |
Welltower Inc. | 332,529 | 26,898 | |
* | CoStar Group Inc. | 272,611 | 24,262 |
Simon Property Group Inc. | 207,931 | 24,012 | |
Digital Realty Trust Inc. | 194,705 | 22,171 | |
VICI Properties Inc. Class A | 673,291 | 21,162 | |
AvalonBay Communities Inc. | 94,946 | 17,970 | |
SBA Communications Corp. Class A | 72,545 | 16,813 | |
Weyerhaeuser Co. | 489,493 | 16,403 | |
* | CBRE Group Inc. Class A | 197,085 | 15,907 |
Equity Residential | 240,433 | 15,861 | |
Invitation Homes Inc. | 408,517 | 14,053 | |
Extra Space Storage Inc. | 90,225 | 13,430 | |
Alexandria Real Estate Equities Inc. | 115,358 | 13,092 | |
Ventas Inc. | 267,287 | 12,635 | |
Mid-America Apartment Communities Inc. | 77,773 | 11,811 | |
Iron Mountain Inc. | 195,824 | 11,127 | |
Sun Communities Inc. | 82,915 | 10,817 | |
Essex Property Trust Inc. | 42,932 | 10,059 |
Shares | Market Value• ($000) | ||
WP Carey Inc. | 143,650 | 9,705 | |
UDR Inc. | 221,605 | 9,520 | |
Kimco Realty Corp. | 413,841 | 8,161 | |
Gaming and Leisure Properties Inc. | 167,653 | 8,124 | |
Host Hotels & Resorts Inc. | 471,406 | 7,934 | |
Camden Property Trust | 71,689 | 7,805 | |
Life Storage Inc. | 57,135 | 7,597 | |
Equity LifeStyle Properties Inc. | 111,378 | 7,450 | |
Healthpeak Properties Inc. | 369,670 | 7,430 | |
American Homes 4 Rent Class A | 204,886 | 7,263 | |
Regency Centers Corp. | 113,732 | 7,025 | |
CubeSmart | 149,332 | 6,669 | |
Rexford Industrial Realty Inc. | 126,502 | 6,606 | |
Americold Realty Trust Inc. | 181,238 | 5,854 | |
Lamar Advertising Co. Class A | 57,741 | 5,731 | |
Boston Properties Inc. | 94,523 | 5,444 | |
Federal Realty Investment Trust | 54,321 | 5,257 | |
NNN REIT Inc. | 122,596 | 5,246 | |
EastGroup Properties Inc. | 29,501 | 5,121 | |
* | Jones Lang LaSalle Inc. | 32,089 | 4,999 |
* | Zillow Group Inc. Class C | 98,248 | 4,938 |
Healthcare Realty Trust Inc. Class A | 259,215 | 4,889 | |
Omega Healthcare Investors Inc. | 158,240 | 4,856 | |
First Industrial Realty Trust Inc. | 88,673 | 4,668 | |
Brixmor Property Group Inc. | 198,669 | 4,371 | |
STAG Industrial Inc. | 118,985 | 4,269 | |
Agree Realty Corp. | 62,858 | 4,110 | |
1 | Medical Properties Trust Inc. | 398,046 | 3,686 |
Spirit Realty Capital Inc. | 92,825 | 3,655 | |
Apartment Income REIT Corp. | 98,749 | 3,564 | |
Ryman Hospitality Properties Inc. | 36,923 | 3,431 | |
Terreno Realty Corp. | 56,845 | 3,416 | |
Kite Realty Group Trust | 149,837 | 3,347 | |
Rayonier Inc. | 99,680 | 3,130 | |
PotlatchDeltic Corp. | 53,841 | 2,845 | |
Independence Realty Trust Inc. | 152,257 | 2,774 | |
Phillips Edison & Co. Inc. | 78,936 | 2,690 | |
Kilroy Realty Corp. | 78,565 | 2,364 | |
Cousins Properties Inc. | 103,539 | 2,361 | |
EPR Properties | 50,349 | 2,356 | |
Essential Properties Realty Trust Inc. | 99,484 | 2,342 | |
Physicians Realty Trust | 160,997 | 2,252 | |
Apple Hospitality REIT Inc. | 138,893 | 2,099 |
Shares | Market Value• ($000) | ||
Vornado Realty Trust | 110,205 | 1,999 | |
Broadstone Net Lease Inc. | 126,505 | 1,953 | |
LXP Industrial Trust | 194,551 | 1,897 | |
Sabra Health Care REIT Inc. | 157,343 | 1,852 | |
National Storage Affiliates Trust | 52,920 | 1,843 | |
Corporate Office Properties Trust | 76,474 | 1,816 | |
Hannon Armstrong Sustainable Infrastructure Capital Inc. | 71,965 | 1,799 | |
Macerich Co. | 151,743 | 1,710 | |
* | Howard Hughes Corp. | 21,528 | 1,699 |
Highwoods Properties Inc. | 70,620 | 1,689 | |
Park Hotels & Resorts Inc. | 131,786 | 1,689 | |
DigitalBridge Group Inc. | 113,989 | 1,677 | |
Outfront Media Inc. | 98,791 | 1,553 | |
SITE Centers Corp. | 115,121 | 1,522 | |
* | Zillow Group Inc. Class A | 30,817 | 1,516 |
Equity Commonwealth | 72,698 | 1,473 | |
Tanger Factory Outlet Centers Inc. | 66,603 | 1,470 | |
Sunstone Hotel Investors Inc. | 143,054 | 1,448 | |
Four Corners Property Trust Inc. | 56,807 | 1,443 | |
Douglas Emmett Inc. | 112,539 | 1,415 | |
* | Opendoor Technologies Inc. | 342,130 | 1,375 |
Innovative Industrial Properties Inc. | 18,774 | 1,371 | |
National Health Investors Inc. | 25,946 | 1,360 | |
CareTrust REIT Inc. | 66,620 | 1,323 | |
1 | SL Green Realty Corp. | 43,267 | 1,300 |
Kennedy-Wilson Holdings Inc. | 78,072 | 1,275 | |
St. Joe Co. | 26,305 | 1,272 | |
Pebblebrook Hotel Trust | 86,241 | 1,202 | |
Urban Edge Properties | 75,493 | 1,165 | |
DiamondRock Hospitality Co. | 139,017 | 1,114 | |
JBG SMITH Properties | 73,721 | 1,109 | |
eXp World Holdings Inc. | 53,058 | 1,076 | |
Getty Realty Corp. | 31,219 | 1,056 | |
Retail Opportunity Investments Corp. | 76,879 | 1,039 | |
Service Properties Trust | 115,936 | 1,007 | |
InvenTrust Properties Corp. | 42,190 | 976 | |
Elme Communities | 57,599 | 947 | |
RLJ Lodging Trust | 90,872 | 933 | |
Acadia Realty Trust | 64,636 | 930 | |
LTC Properties Inc. | 28,025 | 925 | |
Xenia Hotels & Resorts Inc. | 75,029 | 924 | |
* | Veris Residential Inc. | 55,856 | 896 |
Alexander & Baldwin Inc. | 47,282 | 879 |
Shares | Market Value• ($000) | ||
Easterly Government Properties Inc. Class A | 60,381 | 876 | |
Apartment Investment and Management Co. Class A | 100,573 | 857 | |
* | Radius Global Infrastructure Inc. Class A (XNMS) | 57,109 | 851 |
* | Cushman & Wakefield plc | 103,612 | 848 |
1 | Safehold Inc. | 34,689 | 823 |
* | Redfin Corp. | 66,169 | 822 |
* | Compass Inc. Class A | 227,161 | 795 |
NETSTREIT Corp. | 43,117 | 771 | |
Global Net Lease Inc. | 70,887 | 729 | |
Uniti Group Inc. | 154,821 | 715 | |
Plymouth Industrial REIT Inc. | 30,148 | 694 | |
UMH Properties Inc. | 42,695 | 682 | |
Empire State Realty Trust Inc. Class A | 90,486 | 678 | |
RPT Realty | 64,843 | 678 | |
NexPoint Residential Trust Inc. | 14,507 | 660 | |
1 | Peakstone Realty Trust REIT | 23,506 | 656 |
Newmark Group Inc. Class A | 100,124 | 623 | |
American Assets Trust Inc. | 31,414 | 603 | |
Paramount Group Inc. | 126,393 | 560 | |
Marcus & Millichap Inc. | 17,332 | 546 | |
* | Anywhere Real Estate Inc. | 80,120 | 535 |
* | GEO Group Inc. | 74,543 | 534 |
Piedmont Office Realty Trust Inc. Class A | 73,006 | 531 | |
Necessity Retail REIT Inc. | 76,004 | 514 | |
Centerspace | 8,224 | 505 | |
Brandywine Realty Trust | 108,457 | 504 | |
Armada Hoffler Properties Inc. | 42,862 | 501 | |
Summit Hotel Properties Inc. | 68,662 | 447 | |
Community Healthcare Trust Inc. | 12,472 | 412 | |
Urstadt Biddle Properties Inc. Class A | 19,081 | 406 | |
Ares Commercial Real Estate Corp. | 39,478 | 401 | |
1 | Farmland Partners Inc. | 32,368 | 395 |
Hudson Pacific Properties Inc. | 93,473 | 394 | |
Diversified Healthcare Trust | 174,895 | 394 | |
Global Medical REIT Inc. | 42,151 | 385 | |
Gladstone Land Corp. | 20,003 | 325 | |
* | Forestar Group Inc. | 14,252 | 321 |
Whitestone REIT | 32,634 | 317 | |
Saul Centers Inc. | 8,496 | 313 | |
Chatham Lodging Trust | 33,089 | 310 |
Shares | Market Value• ($000) | ||
Gladstone Commercial Corp. | 24,306 | 301 | |
Universal Health Realty Income Trust | 5,742 | 273 | |
* | Tejon Ranch Co. | 15,750 | 271 |
CTO Realty Growth Inc. | 14,647 | 251 | |
Orion Office REIT Inc. | 37,533 | 248 | |
RMR Group Inc. Class A | 10,594 | 245 | |
Alexander's Inc. | 1,287 | 237 | |
Office Properties Income Trust | 30,586 | 236 | |
1 | CBL & Associates Properties Inc. | 10,526 | 232 |
Bridge Investment Group Holdings Inc. Class A | 18,625 | 211 | |
* | Seritage Growth Properties Class A | 23,441 | 209 |
* | FRP Holdings Inc. | 3,443 | 198 |
Braemar Hotels & Resorts Inc. | 44,461 | 179 | |
One Liberty Properties Inc. | 8,824 | 179 | |
Postal Realty Trust Inc. Class A | 12,021 | 177 | |
BRT Apartments Corp. | 7,749 | 153 | |
Industrial Logistics Properties Trust | 43,462 | 143 | |
Hersha Hospitality Trust Class A | 23,243 | 142 | |
Stratus Properties Inc. | 5,338 | 140 | |
City Office REIT Inc. | 21,923 | 122 | |
RE/MAX Holdings Inc. Class A | 6,322 | 122 | |
* | Star Holdings | 8,255 | 121 |
* | Maui Land & Pineapple Co. Inc. | 7,827 | 111 |
Douglas Elliman Inc. | 45,623 | 101 | |
Alpine Income Property Trust Inc. | 6,005 | 98 | |
Modiv Inc. Class C REIT | 6,088 | 91 | |
Franklin Street Properties Corp. | 62,401 | 90 | |
Clipper Realty Inc. | 14,188 | 80 | |
* | Ashford Hospitality Trust Inc. | 20,163 | 75 |
Creative Media & Community Trust Corp. | 13,505 | 67 | |
*,1 | WeWork Inc. Class A | 194,046 | 50 |
Global Self Storage Inc. | 8,627 | 44 | |
*,1 | Altisource Portfolio Solutions SA | 7,037 | 40 |
* | Fathom Holdings Inc. | 5,453 | 39 |
* | Bluerock Homes Trust Inc. | 2,283 | 37 |
* | Sotherly Hotels Inc. | 18,957 | 36 |
* | Rafael Holdings Inc. Class B | 13,424 | 28 |
*,1 | Offerpad Solutions Inc. | 1,992 | 26 |
*,1 | American Strategic Investment Co. | 925 | 7 |
* | Power REIT | 2,008 | 3 |
879,626 |
Shares | Market Value• ($000) | ||
Technology (29.6%) | |||
Apple Inc. | 10,003,085 | 1,940,298 | |
Microsoft Corp. | 4,977,487 | 1,695,033 | |
NVIDIA Corp. | 1,572,644 | 665,260 | |
* | Alphabet Inc. Class A | 3,977,509 | 476,108 |
* | Meta Platforms Inc. Class A | 1,480,680 | 424,926 |
* | Alphabet Inc. Class C | 3,341,379 | 404,207 |
Broadcom Inc. | 279,136 | 242,131 | |
* | Adobe Inc. | 307,031 | 150,135 |
* | Salesforce Inc. | 635,883 | 134,337 |
* | Advanced Micro Devices Inc. | 1,077,751 | 122,767 |
Oracle Corp. | 994,205 | 118,400 | |
Texas Instruments Inc. | 608,342 | 109,514 | |
Intel Corp. | 2,791,992 | 93,364 | |
QUALCOMM Inc. | 746,065 | 88,812 | |
Applied Materials Inc. | 565,573 | 81,748 | |
Intuit Inc. | 178,037 | 81,575 | |
International Business Machines Corp. | 608,753 | 81,457 | |
* | ServiceNow Inc. | 136,321 | 76,608 |
Analog Devices Inc. | 335,802 | 65,418 | |
Lam Research Corp. | 89,891 | 57,787 | |
* | Palo Alto Networks Inc. | 204,647 | 52,289 |
Micron Technology Inc. | 732,417 | 46,223 | |
KLA Corp. | 91,798 | 44,524 | |
* | Synopsys Inc. | 101,765 | 44,309 |
* | Cadence Design Systems Inc. | 182,348 | 42,764 |
Roper Technologies Inc. | 71,432 | 34,345 | |
Marvell Technology Inc. | 572,770 | 34,240 | |
Amphenol Corp. Class A | 398,645 | 33,865 | |
* | Fortinet Inc. | 446,174 | 33,726 |
Microchip Technology Inc. | 366,277 | 32,815 | |
* | Snowflake Inc. Class A | 184,739 | 32,510 |
* | Workday Inc. Class A | 136,280 | 30,784 |
TE Connectivity Ltd. | 210,866 | 29,555 | |
* | Autodesk Inc. | 143,507 | 29,363 |
* | ON Semiconductor Corp. | 288,487 | 27,285 |
* | VMware Inc. Class A | 157,963 | 22,698 |
Cognizant Technology Solutions Corp. Class A | 339,474 | 22,161 | |
* | Crowdstrike Holdings Inc. Class A | 142,156 | 20,878 |
* | ANSYS Inc. | 57,802 | 19,090 |
* | MongoDB Inc. Class A | 44,775 | 18,402 |
HP Inc. | 592,967 | 18,210 | |
Corning Inc. | 511,418 | 17,920 | |
* | Gartner Inc. | 50,225 | 17,594 |
* | Palantir Technologies Inc. Class A | 1,143,620 | 17,532 |
* | Datadog Inc. Class A | 177,965 | 17,508 |
* | Atlassian Corp. Ltd. Class A | 101,452 | 17,025 |
* | HubSpot Inc. | 31,433 | 16,725 |
CDW Corp. | 90,090 | 16,532 | |
Monolithic Power Systems Inc. | 30,030 | 16,223 | |
* | DoorDash Inc. Class A | 192,582 | 14,717 |
Shares | Market Value• ($000) | ||
Hewlett Packard Enterprise Co. | 863,321 | 14,504 | |
* | VeriSign Inc. | 59,320 | 13,405 |
* | Cloudflare Inc. Class A | 183,327 | 11,984 |
Skyworks Solutions Inc. | 106,013 | 11,735 | |
* | Splunk Inc. | 110,550 | 11,728 |
* | Tyler Technologies Inc. | 27,944 | 11,638 |
Teradyne Inc. | 103,755 | 11,551 | |
Entegris Inc. | 99,894 | 11,070 | |
NetApp Inc. | 143,426 | 10,958 | |
Paycom Software Inc. | 33,945 | 10,904 | |
* | Pinterest Inc. Class A | 396,107 | 10,830 |
* | PTC Inc. | 75,198 | 10,701 |
* | Zoom Video Communications Inc. Class A | 149,111 | 10,122 |
* | Akamai Technologies Inc. | 104,338 | 9,377 |
Jabil Inc. | 83,751 | 9,039 | |
* | Lattice Semiconductor Corp. | 92,436 | 8,880 |
Dell Technologies Inc. Class C | 162,918 | 8,815 | |
* | EPAM Systems Inc. | 39,028 | 8,772 |
SS&C Technologies Holdings Inc. | 140,890 | 8,538 | |
* | Zscaler Inc. | 58,076 | 8,497 |
* | Manhattan Associates Inc. | 41,257 | 8,246 |
Leidos Holdings Inc. | 92,602 | 8,193 | |
Bentley Systems Inc. Class B | 149,940 | 8,131 | |
* | Western Digital Corp. | 213,683 | 8,105 |
Seagate Technology Holdings plc | 130,996 | 8,105 | |
* | Snap Inc. Class A | 675,070 | 7,993 |
* | Match Group Inc. | 185,623 | 7,768 |
* | GoDaddy Inc. Class A | 102,691 | 7,715 |
* | Super Micro Computer Inc. | 30,010 | 7,480 |
* | Twilio Inc. Class A | 117,118 | 7,451 |
* | Dynatrace Inc. | 144,485 | 7,437 |
* | Unity Software Inc. | 165,322 | 7,178 |
* | Okta Inc. | 103,446 | 7,174 |
* | Pure Storage Inc. Class A | 194,623 | 7,166 |
* | DocuSign Inc. Class A | 136,664 | 6,982 |
Gen Digital Inc. (XNGS) | 366,161 | 6,792 | |
* | Qorvo Inc. | 66,370 | 6,772 |
* | Ceridian HCM Holding Inc. | 97,069 | 6,501 |
* | F5 Inc. | 40,674 | 5,949 |
KBR Inc. | 91,093 | 5,927 | |
* | ZoomInfo Technologies Inc. Class A | 227,621 | 5,779 |
* | Black Knight Inc. | 95,945 | 5,731 |
* | Arrow Electronics Inc. | 37,241 | 5,334 |
* | Toast Inc. Class A | 228,641 | 5,160 |
* | CACI International Inc. Class A | 15,103 | 5,148 |
National Instruments Corp. | 88,600 | 5,086 | |
Vertiv Holdings Co. Class A | 201,782 | 4,998 | |
* | Coherent Corp. | 92,826 | 4,732 |
* | SPS Commerce Inc. | 24,151 | 4,638 |
Shares | Market Value• ($000) | ||
* | Rambus Inc. | 71,693 | 4,601 |
* | Wolfspeed Inc. | 82,769 | 4,601 |
* | Dropbox Inc. Class A | 172,118 | 4,590 |
* | Nutanix Inc. Class A | 156,077 | 4,378 |
* | Novanta Inc. | 23,647 | 4,353 |
Universal Display Corp. | 29,733 | 4,285 | |
* | Axcelis Technologies Inc. | 22,248 | 4,079 |
* | Guidewire Software Inc. | 53,232 | 4,050 |
Science Applications International Corp. | 35,834 | 4,031 | |
* | Five9 Inc. | 47,088 | 3,882 |
* | Onto Innovation Inc. | 32,441 | 3,778 |
* | DXC Technology Co. | 141,312 | 3,776 |
* | Confluent Inc. Class A | 105,652 | 3,731 |
* | UiPath Inc. Class A | 221,786 | 3,675 |
Power Integrations Inc. | 38,571 | 3,652 | |
* | Teradata Corp. | 66,357 | 3,544 |
* | Tenable Holdings Inc. | 77,458 | 3,373 |
Dolby Laboratories Inc. Class A | 39,738 | 3,325 | |
* | Procore Technologies Inc. | 50,705 | 3,299 |
* | Workiva Inc. Class A | 32,267 | 3,280 |
* | Smartsheet Inc. Class A | 85,525 | 3,272 |
* | Elastic NV | 50,860 | 3,261 |
* | Silicon Laboratories Inc. | 20,651 | 3,257 |
* | Insight Enterprises Inc. | 22,207 | 3,250 |
* | Aspen Technology Inc. | 19,305 | 3,236 |
* | Fabrinet | 24,658 | 3,203 |
* | IAC Inc. | 49,793 | 3,127 |
* | Qualys Inc. | 23,813 | 3,076 |
TD SYNNEX Corp. | 32,192 | 3,026 | |
* | Cirrus Logic Inc. | 37,310 | 3,022 |
Avnet Inc. | 59,380 | 2,996 | |
* | AppLovin Corp. Class A | 115,547 | 2,973 |
* | Gitlab Inc. Class A | 55,754 | 2,850 |
* | DoubleVerify Holdings Inc. | 72,571 | 2,824 |
* | Box Inc. Class A | 91,385 | 2,685 |
Advanced Energy Industries Inc. | 24,085 | 2,684 | |
* | Samsara Inc. Class A | 96,225 | 2,666 |
* | Diodes Inc. | 28,652 | 2,650 |
* | Altair Engineering Inc. Class A | 34,921 | 2,648 |
* | IPG Photonics Corp. | 19,471 | 2,645 |
* | Blackbaud Inc. | 36,097 | 2,569 |
* | New Relic Inc. | 38,453 | 2,516 |
Concentrix Corp. | 30,225 | 2,441 | |
Vishay Intertechnology Inc. | 81,773 | 2,404 | |
* | MACOM Technology Solutions Holdings Inc. Class H | 35,550 | 2,330 |
* | SentinelOne Inc. Class A | 154,116 | 2,327 |
*,1 | C3.ai Inc. Class A | 63,815 | 2,325 |
* | NCR Corp. | 91,285 | 2,300 |
* | Appfolio Inc. Class A | 12,922 | 2,224 |
* | Synaptics Inc. | 25,821 | 2,205 |
Shares | Market Value• ($000) | ||
* | Ambarella Inc. | 26,118 | 2,185 |
* | Schrodinger Inc. | 43,427 | 2,168 |
* | Sanmina Corp. | 35,694 | 2,151 |
*,1 | MicroStrategy Inc. Class A | 6,087 | 2,084 |
* | Ziff Davis Inc. | 29,718 | 2,082 |
* | Kyndryl Holdings Inc. | 156,780 | 2,082 |
* | CommVault Systems Inc. | 28,624 | 2,079 |
* | Rogers Corp. | 12,594 | 2,039 |
Dun & Bradstreet Holdings Inc. | 175,395 | 2,029 | |
Amkor Technology Inc. | 66,505 | 1,979 | |
* | Allegro MicroSystems Inc. | 43,458 | 1,962 |
* | BlackLine Inc. | 35,487 | 1,910 |
* | Perficient Inc. | 22,648 | 1,887 |
* | Envestnet Inc. | 31,699 | 1,881 |
* | Freshworks Inc. Class A | 102,797 | 1,807 |
* | Varonis Systems Inc. Class B | 67,324 | 1,794 |
* | Plexus Corp. | 18,256 | 1,793 |
* | FormFactor Inc. | 51,949 | 1,778 |
* | Verint Systems Inc. | 50,503 | 1,771 |
* | Alteryx Inc. Class A | 38,600 | 1,752 |
* | RingCentral Inc. Class A | 53,197 | 1,741 |
* | Rapid7 Inc. | 37,225 | 1,686 |
Progress Software Corp. | 28,503 | 1,656 | |
* | Alarm.com Holdings Inc. | 31,916 | 1,649 |
* | Yelp Inc. Class A | 45,228 | 1,647 |
* | HashiCorp Inc. Class A | 61,931 | 1,621 |
*,1 | DigitalOcean Holdings Inc. | 39,927 | 1,603 |
* | MaxLinear Inc. | 48,538 | 1,532 |
*,1 | IonQ Inc. | 111,738 | 1,512 |
*,1 | Braze Inc. Class A | 34,427 | 1,508 |
* | Sprout Social Inc. Class A | 31,940 | 1,474 |
* | Cargurus Inc. | 64,165 | 1,452 |
Pegasystems Inc. | 29,386 | 1,449 | |
* | CCC Intelligent Solutions Holdings Inc. | 129,135 | 1,448 |
* | NetScout Systems Inc. | 45,742 | 1,416 |
* | Appian Corp. Class A | 29,676 | 1,413 |
* | Impinj Inc. | 15,695 | 1,407 |
* | JFrog Ltd. | 49,739 | 1,378 |
Clear Secure Inc. Class A | 59,318 | 1,374 | |
* | Sitime Corp. | 11,537 | 1,361 |
* | nCino Inc. | 44,236 | 1,332 |
* | Parsons Corp. | 26,564 | 1,279 |
* | Cohu Inc. | 30,757 | 1,278 |
* | PagerDuty Inc. | 55,199 | 1,241 |
* | LiveRamp Holdings Inc. | 42,777 | 1,222 |
* | Magnite Inc. | 89,502 | 1,222 |
* | Asana Inc. Class A | 54,357 | 1,198 |
* | Fastly Inc. Class A | 75,779 | 1,195 |
* | Q2 Holdings Inc. | 37,927 | 1,172 |
* | Ultra Clean Holdings Inc. | 30,059 | 1,156 |
* | Bumble Inc. Class A | 65,847 | 1,105 |
Shares | Market Value• ($000) | ||
* | Semtech Corp. | 43,375 | 1,104 |
CSG Systems International Inc. | 20,117 | 1,061 | |
Xerox Holdings Corp. | 70,641 | 1,052 | |
* | Zuora Inc. Class A | 93,185 | 1,022 |
* | TTM Technologies Inc. | 73,106 | 1,016 |
* | Photronics Inc. | 38,305 | 988 |
* | ePlus Inc. | 17,460 | 983 |
* | Credo Technology Group Holding Ltd. | 56,425 | 978 |
* | Paycor HCM Inc. | 41,050 | 972 |
* | Jamf Holding Corp. | 49,062 | 958 |
* | Squarespace Inc. Class A | 30,073 | 948 |
* | PDF Solutions Inc. | 20,937 | 944 |
* | Agilysys Inc. | 13,340 | 916 |
* | Sprinklr Inc. Class A | 66,058 | 914 |
* | PROS Holdings Inc. | 29,631 | 913 |
CTS Corp. | 21,171 | 903 | |
* | Veeco Instruments Inc. | 34,501 | 886 |
* | SMART Global Holdings Inc. | 30,423 | 883 |
* | Veradigm Inc. | 68,077 | 858 |
* | Model N Inc. | 23,355 | 826 |
* | E2open Parent Holdings Inc. | 145,740 | 816 |
* | 3D Systems Corp. | 82,041 | 815 |
* | Navitas Semiconductor Corp. | 76,214 | 803 |
* | Everbridge Inc. | 29,490 | 793 |
* | Yext Inc. | 69,021 | 781 |
Shutterstock Inc. | 15,968 | 777 | |
Methode Electronics Inc. | 22,898 | 768 | |
* | Zeta Global Holdings Corp. | 89,273 | 762 |
* | indie Semiconductor Inc. Class A | 80,655 | 758 |
* | Cerence Inc. | 25,730 | 752 |
* | Ichor Holdings Ltd. | 19,830 | 744 |
Adeia Inc. | 66,422 | 731 | |
* | Aehr Test Systems | 17,471 | 721 |
* | Upwork Inc. | 77,008 | 719 |
* | Intapp Inc. | 16,140 | 676 |
A10 Networks Inc. | 45,556 | 665 | |
* | N-Able Inc. | 42,736 | 616 |
Benchmark Electronics Inc. | 23,157 | 598 | |
* | Matterport Inc. | 189,863 | 598 |
* | Digital Turbine Inc. | 63,745 | 592 |
* | ForgeRock Inc. Class A | 28,832 | 592 |
* | Vertex Inc. Class A | 30,012 | 585 |
* | PAR Technology Corp. | 17,488 | 576 |
*,1 | Xometry Inc. Class A | 27,157 | 575 |
* | EngageSmart Inc. | 29,511 | 563 |
* | TechTarget Inc. | 17,409 | 542 |
* | ScanSource Inc. | 18,137 | 536 |
* | Avid Technology Inc. | 20,859 | 532 |
* | PubMatic Inc. Class A | 28,783 | 526 |
*,1 | MicroVision Inc. | 114,050 | 522 |
Simulations Plus Inc. | 11,396 | 494 | |
* | Eventbrite Inc. Class A | 51,607 | 493 |
* | Thoughtworks Holding Inc. | 65,268 | 493 |
Shares | Market Value• ($000) | ||
* | BigCommerce Holdings Inc. Series 1 | 49,252 | 490 |
* | Olo Inc. Class A | 75,881 | 490 |
* | AvePoint Inc. | 84,821 | 489 |
*,1 | SoundHound AI Inc. Class A | 106,346 | 484 |
* | Alpha & Omega Semiconductor Ltd. | 14,574 | 478 |
* | Kimball Electronics Inc. | 17,220 | 476 |
* | SmartRent Inc. | 122,927 | 471 |
Ebix Inc. | 17,532 | 442 | |
* | nLight Inc. | 28,567 | 440 |
* | Informatica Inc. Class A | 23,804 | 440 |
* | Amplitude Inc. Class A | 39,823 | 438 |
*,1 | Rumble Inc. | 47,289 | 422 |
* | Planet Labs PBC | 127,335 | 410 |
PC Connection Inc. | 8,687 | 392 | |
* | Alkami Technology Inc. | 23,211 | 380 |
Hackett Group Inc. | 16,910 | 378 | |
*,1 | Applied Digital Corp. | 40,294 | 377 |
* | Vimeo Inc. | 90,615 | 373 |
* | CEVA Inc. | 14,137 | 361 |
* | OneSpan Inc. | 24,049 | 357 |
* | Definitive Healthcare Corp. Class A | 32,037 | 352 |
* | ACM Research Inc. Class A | 26,853 | 351 |
* | Consensus Cloud Solutions Inc. | 11,299 | 350 |
*,1 | MeridianLink Inc. | 15,864 | 330 |
* | Digimarc Corp. | 11,148 | 328 |
* | Mitek Systems Inc. | 29,293 | 318 |
NVE Corp. | 3,259 | 318 | |
* | Grid Dynamics Holdings Inc. | 33,392 | 309 |
*,1 | Cleanspark Inc. | 67,447 | 289 |
* | Domo Inc. Class B | 19,163 | 281 |
* | SEMrush Holdings Inc. Class A | 27,777 | 266 |
* | Weave Communications Inc. | 23,557 | 262 |
* | Couchbase Inc. | 16,504 | 261 |
* | FiscalNote Holdings Inc. | 70,169 | 255 |
* | Nextdoor Holdings Inc. | 75,268 | 245 |
* | SolarWinds Corp. | 23,521 | 241 |
* | NerdWallet Inc. Class A | 25,256 | 238 |
American Software Inc. Class A | 21,893 | 230 | |
* | Terawulf Inc. | 128,327 | 225 |
* | Expensify Inc. Class A | 28,100 | 224 |
* | Enfusion Inc. Class A | 19,848 | 223 |
* | Bandwidth Inc. Class A | 14,853 | 203 |
* | LivePerson Inc. | 44,180 | 200 |
* | Daktronics Inc. | 29,724 | 190 |
ON24 Inc. | 23,181 | 188 | |
* | Innodata Inc. | 16,482 | 187 |
* | Tucows Inc. Class A | 6,570 | 182 |
* | Unisys Corp. | 44,617 | 178 |
* | Rimini Street Inc. | 35,452 | 170 |
*,1 | Red Violet Inc. | 8,230 | 169 |
* | inTEST Corp. | 6,184 | 162 |
Shares | Market Value• ($000) | ||
* | Mediaalpha Inc. Class A | 15,378 | 159 |
* | SkyWater Technology Inc. | 16,892 | 159 |
* | Asure Software Inc. | 12,707 | 155 |
*,1 | Presto Automation Inc. | 29,255 | 153 |
* | Blend Labs Inc. Class A | 152,098 | 144 |
* | TrueCar Inc. | 62,905 | 142 |
* | Rackspace Technology Inc. | 48,958 | 133 |
Immersion Corp. | 18,110 | 128 | |
* | EverCommerce Inc. | 10,789 | 128 |
*,1 | Atomera Inc. | 14,264 | 125 |
*,1 | Cipher Mining Inc. | 43,478 | 124 |
1 | Park City Group Inc. | 12,115 | 122 |
* | Arteris Inc. | 17,864 | 122 |
* | Identiv Inc. | 13,996 | 118 |
* | Kopin Corp. | 54,575 | 117 |
* | Rigetti Computing Inc. | 98,039 | 115 |
* | QuickLogic Corp. | 11,891 | 109 |
*,1 | Vroom Inc. | 74,354 | 107 |
* | Quantum Corp. | 98,136 | 106 |
* | Ouster Inc. | 20,981 | 104 |
* | Brightcove Inc. | 25,456 | 102 |
* | Computer Task Group Inc. | 13,414 | 102 |
Richardson Electronics Ltd. | 6,173 | 102 | |
* | eMagin Corp. | 50,679 | 100 |
* | Astronova Inc. | 6,757 | 98 |
* | AXT Inc. | 28,066 | 97 |
* | CoreCard Corp. | 3,812 | 97 |
* | Aeva Technologies Inc. | 76,978 | 96 |
* | eGain Corp. | 12,737 | 95 |
* | GSI Technology Inc. | 15,882 | 88 |
*,1 | Nutex Health Inc. | 203,511 | 86 |
* | Telos Corp. | 33,040 | 85 |
* | Transphorm Inc. | 24,701 | 84 |
* | ZeroFox Holdings Inc. | 84,034 | 84 |
*,1 | NextNav Inc. | 27,071 | 80 |
* | Everspin Technologies Inc. | 8,435 | 78 |
* | Porch Group Inc. | 55,645 | 77 |
* | System1 Inc. | 16,725 | 75 |
*,1 | Veritone Inc. | 18,337 | 72 |
* | EverQuote Inc. Class A | 10,735 | 70 |
* | Intevac Inc. | 18,754 | 70 |
* | Backblaze Inc. | 16,181 | 70 |
* | Upland Software Inc. | 19,213 | 69 |
*,1 | Groupon Inc. Class A | 10,751 | 64 |
* | Innovid Corp. | 58,925 | 64 |
* | TransAct Technologies Inc. | 7,051 | 63 |
* | Edgio Inc. | 88,134 | 59 |
* | Pixelworks Inc. | 32,680 | 57 |
* | Issuer Direct Corp. | 2,964 | 56 |
* | Amtech Systems Inc. | 5,730 | 55 |
* | CVD Equipment Corp. | 7,295 | 54 |
* | SecureWorks Corp. Class A | 7,362 | 53 |
* | Key Tronic Corp. | 8,842 | 50 |
*,1 | Glimpse Group Inc. | 11,947 | 43 |
* | Skillz Inc. Class A | 4,688 | 43 |
* | Synchronoss Technologies Inc. | 43,985 | 41 |
Shares | Market Value• ($000) | ||
* | Viant Technology Inc. Class A | 8,483 | 39 |
*,1 | Arena Group Holdings Inc. | 8,236 | 38 |
* | Intellicheck Inc. | 14,706 | 36 |
* | Mastech Digital Inc. | 3,641 | 36 |
* | Data I/O Corp. | 8,084 | 35 |
* | WM Technology Inc. | 41,877 | 35 |
* | comScore Inc. | 41,944 | 34 |
* | One Stop Systems Inc. | 11,905 | 34 |
* | Embark Technology Inc. | 11,962 | 34 |
*,1 | KULR Technology Group Inc. | 52,190 | 33 |
*,1 | BuzzFeed Inc. | 58,794 | 30 |
* | 1stdibs.com Inc. | 7,570 | 28 |
* | Smith Micro Software Inc. | 24,487 | 27 |
*,1 | Alpine 4 Holdings Inc. | 12,716 | 26 |
* | AudioEye Inc. | 5,086 | 25 |
* | EMCORE Corp. | 30,051 | 23 |
* | Zedge Inc. Class B | 10,242 | 23 |
VirnetX Holding Corp. | 48,198 | 22 | |
* | NetSol Technologies Inc. | 9,164 | 22 |
*,1 | Phunware Inc. | 40,040 | 22 |
*,1 | Quantum Computing Inc. | 16,529 | 20 |
*,1 | Inuvo Inc. | 84,564 | 19 |
* | WidePoint Corp. | 10,057 | 19 |
* | KORE Group Holdings Inc. | 15,866 | 19 |
* | Beachbody Co. Inc. | 44,053 | 18 |
* | SeaChange International Inc. | 1,983 | 16 |
* | Super League Gaming Inc. | 37,313 | 14 |
* | Research Frontiers Inc. | 7,574 | 12 |
*,1 | Boxlight Corp. Class A | 5,534 | 12 |
* | Marin Software Inc. | 17,513 | 10 |
* | Streamline Health Solutions Inc. | 7,248 | 9 |
*,1 | authID Inc. | 10,356 | 9 |
* | Intrusion Inc. | 6,811 | 8 |
*,1 | Vinco Ventures Inc. | 6,657 | 8 |
* | Kubient Inc. | 12,180 | 7 |
*,1 | Greenidge Generation Holdings Inc. | 710 | 2 |
8,645,636 | |||
Telecommunications (2.1%) | |||
Cisco Systems Inc. | 2,455,220 | 127,033 | |
Comcast Corp. Class A | 2,786,478 | 115,778 | |
Verizon Communications Inc. | 2,534,329 | 94,252 | |
AT&T Inc. | 4,781,875 | 76,271 | |
* | T-Mobile US Inc. | 401,262 | 55,735 |
Motorola Solutions Inc. | 112,064 | 32,866 | |
* | Arista Networks Inc. | 154,366 | 25,017 |
* | Charter Communications Inc. Class A | 65,629 | 24,110 |
Juniper Networks Inc. | 213,569 | 6,691 |
Shares | Market Value• ($000) | ||
* | Liberty Broadband Corp. Class C | 82,541 | 6,612 |
* | Roku Inc. | 82,124 | 5,253 |
Iridium Communications Inc. | 74,747 | 4,643 | |
* | Ciena Corp. | 100,824 | 4,284 |
* | Frontier Communications Parent Inc. | 167,214 | 3,117 |
* | Lumentum Holdings Inc. | 42,876 | 2,432 |
* | Extreme Networks Inc. | 86,151 | 2,244 |
* | ViaSat Inc. | 49,942 | 2,061 |
Cogent Communications Holdings Inc. | 29,982 | 2,017 | |
Cable One Inc. | 2,983 | 1,960 | |
* | Calix Inc. | 39,253 | 1,959 |
InterDigital Inc. | 18,403 | 1,777 | |
* | Viavi Solutions Inc. | 151,996 | 1,722 |
Lumen Technologies Inc. | 683,760 | 1,545 | |
* | Harmonic Inc. | 73,856 | 1,194 |
* | DISH Network Corp. Class A | 168,000 | 1,107 |
* | Digi International Inc. | 24,294 | 957 |
* | CommScope Holding Co. Inc. | 136,290 | 767 |
* | Gogo Inc. | 43,651 | 743 |
* | Liberty Broadband Corp. Class A | 8,405 | 670 |
* | Infinera Corp. | 124,753 | 603 |
Shenandoah Telecommunications Co. | 30,986 | 602 | |
Telephone and Data Systems Inc. | 70,031 | 576 | |
*,1 | Lightwave Logic Inc. | 81,349 | 567 |
* | Globalstar Inc. | 478,232 | 517 |
Adtran Holdings Inc. | 44,499 | 469 | |
* | Altice USA Inc. Class A | 143,163 | 432 |
*,1 | fuboTV Inc. | 202,175 | 421 |
* | EchoStar Corp. Class A | 24,087 | 418 |
*,1 | Clearfield Inc. | 8,514 | 403 |
* | IDT Corp. Class B | 13,887 | 359 |
* | Xperi Inc. | 26,568 | 349 |
Bel Fuse Inc. Class B | 5,951 | 342 | |
* | 8x8 Inc. | 78,246 | 331 |
* | WideOpenWest Inc. | 37,199 | 314 |
ATN International Inc. | 8,389 | 307 | |
* | Aviat Networks Inc. | 8,225 | 274 |
* | NETGEAR Inc. | 18,985 | 269 |
* | Anterix Inc. | 7,780 | 247 |
*,1 | AST SpaceMobile Inc. Class A | 47,259 | 222 |
* | Ooma Inc. | 14,333 | 215 |
* | Consolidated Communications Holdings Inc. | 55,540 | 213 |
* | US Cellular Corp. | 9,905 | 175 |
Comtech Telecommunications Corp. | 19,010 | 174 | |
Spok Holdings Inc. | 12,210 | 162 |
Shares | Market Value• ($000) | ||
* | Ribbon Communications Inc. | 46,419 | 130 |
* | KVH Industries Inc. | 13,892 | 127 |
* | Kaltura Inc. | 57,548 | 122 |
* | Cambium Networks Corp. | 7,849 | 119 |
* | Akoustis Technologies Inc. | 37,107 | 118 |
*,1 | Applied Optoelectronics Inc. | 17,785 | 106 |
Bel Fuse Inc. Class A | 1,376 | 80 | |
* | Lantronix Inc. | 18,653 | 79 |
PCTEL Inc. | 16,184 | 78 | |
* | Genasys Inc. | 27,518 | 72 |
* | Powerfleet Inc. | 23,451 | 70 |
* | Charge Enterprises Inc. | 66,536 | 65 |
* | Airgain Inc. | 10,184 | 55 |
* | DZS Inc. | 12,668 | 50 |
* | Franklin Wireless Corp. | 11,013 | 41 |
* | Inseego Corp. | 62,650 | 40 |
Network-1 Technologies Inc. | 15,271 | 35 | |
*,1 | Casa Systems Inc. | 21,249 | 26 |
* | CalAmp Corp. | 20,762 | 22 |
* | Vislink Technologies Inc. | 1,653 | 9 |
* | Airspan Networks Holdings Inc. | 11,905 | 2 |
615,224 | |||
Utilities (2.9%) | |||
NextEra Energy Inc. | 1,354,910 | 100,534 | |
Southern Co. | 731,676 | 51,400 | |
Waste Management Inc. | 272,961 | 47,337 | |
Duke Energy Corp. | 518,401 | 46,521 | |
Sempra Energy (XNYS) | 210,814 | 30,692 | |
American Electric Power Co. Inc. | 344,661 | 29,020 | |
Dominion Energy Inc. | 560,261 | 29,016 | |
Exelon Corp. | 666,001 | 27,133 | |
* | PG&E Corp. | 1,570,004 | 27,130 |
Waste Connections Inc. (XTSE) | 172,427 | 24,645 | |
Xcel Energy Inc. | 367,687 | 22,859 | |
Republic Services Inc. Class A | 137,905 | 21,123 | |
Consolidated Edison Inc. | 233,114 | 21,074 | |
Public Service Enterprise Group Inc. | 334,880 | 20,967 | |
Constellation Energy Corp. | 217,905 | 19,949 | |
WEC Energy Group Inc. | 211,203 | 18,637 | |
American Water Works Co. Inc. | 130,375 | 18,611 | |
Edison International | 257,645 | 17,893 | |
Eversource Energy | 231,832 | 16,442 | |
Ameren Corp. | 174,739 | 14,271 | |
FirstEnergy Corp. | 361,615 | 14,060 | |
Entergy Corp. | 140,760 | 13,706 | |
DTE Energy Co. | 123,889 | 13,630 | |
PPL Corp. | 492,006 | 13,019 |
Shares | Market Value• ($000) | ||
CenterPoint Energy Inc. | 419,199 | 12,220 | |
CMS Energy Corp. | 193,961 | 11,395 | |
Atmos Energy Corp. | 96,241 | 11,197 | |
AES Corp. | 443,803 | 9,200 | |
Evergy Inc. | 152,639 | 8,917 | |
Alliant Energy Corp. | 167,248 | 8,777 | |
NiSource Inc. | 274,578 | 7,510 | |
Vistra Corp. | 252,677 | 6,633 | |
Essential Utilities Inc. | 159,858 | 6,380 | |
Pinnacle West Capital Corp. | 76,506 | 6,232 | |
NRG Energy Inc. | 153,020 | 5,721 | |
* | Clean Harbors Inc. | 32,519 | 5,347 |
OGE Energy Corp. | 132,969 | 4,775 | |
UGI Corp. | 142,058 | 3,831 | |
IDACORP Inc. | 34,010 | 3,489 | |
* | Casella Waste Systems Inc. Class A | 36,900 | 3,338 |
National Fuel Gas Co. | 61,023 | 3,134 | |
Portland General Electric Co. | 65,808 | 3,082 | |
New Jersey Resources Corp. | 62,994 | 2,973 | |
* | Stericycle Inc. | 61,897 | 2,875 |
ONE Gas Inc. | 37,233 | 2,860 | |
Southwest Gas Holdings Inc. | 44,681 | 2,844 | |
Ormat Technologies Inc. (XNYS) | 34,277 | 2,758 | |
Black Hills Corp. | 45,071 | 2,716 | |
PNM Resources Inc. | 57,657 | 2,600 | |
Hawaiian Electric Industries Inc. | 71,311 | 2,581 | |
* | Sunrun Inc. | 134,251 | 2,398 |
NorthWestern Corp. | 41,472 | 2,354 | |
ALLETE Inc. | 39,496 | 2,290 | |
American States Water Co. | 25,186 | 2,191 | |
Spire Inc. | 33,936 | 2,153 | |
Avista Corp. | 52,483 | 2,061 | |
MGE Energy Inc. | 25,249 | 1,997 | |
Avangrid Inc. | 52,523 | 1,979 | |
California Water Service Group | 37,450 | 1,934 | |
Chesapeake Utilities Corp. | 11,361 | 1,352 | |
*,1 | Sunnova Energy International Inc. | 66,404 | 1,216 |
Clearway Energy Inc. Class C | 42,083 | 1,202 | |
SJW Group | 17,001 | 1,192 | |
Northwest Natural Holding Co. | 25,022 | 1,077 | |
Clearway Energy Inc. Class A | 36,775 | 993 | |
Middlesex Water Co. | 12,265 | 989 | |
Unitil Corp. | 11,221 | 569 | |
* | Enviri Corp. | 56,173 | 554 |
* | Heritage-Crystal Clean Inc. | 12,511 | 473 |
Excelerate Energy Inc. Class A | 14,432 | 293 | |
* | Vertex Energy Inc. | 46,411 | 290 |
Artesian Resources Corp. Class A | 5,284 | 250 |
Shares | Market Value• ($000) | ||
* | Altus Power Inc. Class A | 44,129 | 238 |
Genie Energy Ltd. Class B | 14,713 | 208 | |
*,1 | NuScale Power Corp. | 30,475 | 207 |
York Water Co. | 4,644 | 192 | |
* | Pure Cycle Corp. | 15,027 | 165 |
Aris Water Solution Inc. Class A | 15,958 | 165 | |
*,1 | Cadiz Inc. | 37,685 | 153 |
RGC Resources Inc. | 5,695 | 114 | |
* | Aqua Metals Inc. | 93,458 | 109 |
Global Water Resources Inc. | 8,514 | 108 | |
* | Quest Resource Holding Corp. | 15,848 | 103 |
* | Perma-Fix Environmental Services Inc. | 9,152 | 101 |
* | Advanced Emissions Solutions Inc. | 16,504 | 31 |
Via Renewables Inc. Class A | 1,933 | 13 | |
834,768 | |||
Total Common Stocks (Cost $11,145,378) | 28,961,160 | ||
Preferred Stock (0.0%) | |||
Air T Funding Preference Shares 8.000%, 6/7/49 (Cost $3) | 165 | 4 | |
Temporary Cash Investments (0.3%) | |||
Money Market Fund (0.3%) | |||
5,6 | Vanguard Market Liquidity Fund, 5.150% (Cost $92,435) | 924,685 | 92,450 |
Total Investments (99.6%) (Cost $11,237,816) | 29,053,614 | ||
Other Assets and Liabilities—Net (0.4%) | 126,403 | ||
Net Assets (100%) | 29,180,017 | ||
Cost is in $000. |
• | See Note A in Notes to Financial Statements. |
* | Non-income-producing security. |
1 | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $79,217,000. |
2 | Security value determined using significant unobservable inputs. |
3 | Restricted securities totaling $211,000, representing 0.0% of net assets. |
4 | “Other” represents securities that are not classified by the fund’s benchmark index. |
5 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
6 | Collateral of $85,969,000 was received for securities on loan. |
CVR—Contingent Value Rights. | |
REIT—Real Estate Investment Trust. |
Futures Contracts | ||||
($000) | ||||
Expiration | Number of Long (Short) Contracts | Notional Amount | Value and Unrealized Appreciation (Depreciation) | |
Long Futures Contracts | ||||
E-mini Russell 2000 Index | September 2023 | 15 | 1,428 | 13 |
E-mini S&P 500 Index | September 2023 | 948 | 212,743 | 3,345 |
E-mini S&P Mid-Cap 400 Index | September 2023 | 30 | 7,932 | 228 |
3,586 |
($000s, except shares, footnotes, and per-share amounts) | Amount |
Assets | |
Investments in Securities, at Value1 | |
Unaffiliated Issuers (Cost $11,145,381) | 28,961,164 |
Affiliated Issuers (Cost $92,435) | 92,450 |
Total Investments in Securities | 29,053,614 |
Investment in Vanguard | 992 |
Cash | 10,391 |
Cash Collateral Pledged—Futures Contracts | 11,838 |
Receivables for Investment Securities Sold | 192,009 |
Receivables for Accrued Income | 20,937 |
Receivables for Capital Shares Issued | 11,602 |
Variation Margin Receivable—Futures Contracts | 3,394 |
Total Assets | 29,304,777 |
Liabilities | |
Payables for Investment Securities Purchased | 11,818 |
Collateral for Securities on Loan | 85,969 |
Payables for Capital Shares Redeemed | 26,727 |
Payables to Vanguard | 246 |
Total Liabilities | 124,760 |
Net Assets | 29,180,017 |
1 Includes $79,217,000 of securities on loan. | |
At June 30, 2023, net assets consisted of: | |
Paid-in Capital | 11,358,103 |
Total Distributable Earnings (Loss) | 17,821,914 |
Net Assets | 29,180,017 |
Institutional Shares—Net Assets | |
Applicable to 13,785,786 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 1,063,921 |
Net Asset Value Per Share—Institutional Shares | $77.18 |
Institutional Plus Shares—Net Assets | |
Applicable to 364,432,742 outstanding $.001 par value shares of beneficial interest (unlimited authorization) | 28,116,096 |
Net Asset Value Per Share—Institutional Plus Shares | $77.15 |
Six Months Ended June 30, 2023 | |
($000) | |
Investment Income | |
Income | |
Dividends1 | 213,995 |
Interest2 | 2,791 |
Securities Lending—Net | 3,539 |
Total Income | 220,325 |
Expenses | |
The Vanguard Group—Note B | |
Investment Advisory Services | 295 |
Management and Administrative—Institutional Shares | 107 |
Management and Administrative—Institutional Plus Shares | 1,772 |
Marketing and Distribution—Institutional Shares | 24 |
Marketing and Distribution—Institutional Plus Shares | 391 |
Custodian Fees | 100 |
Shareholders’ Reports—Institutional Shares | 3 |
Shareholders’ Reports—Institutional Plus Shares | 48 |
Trustees’ Fees and Expenses | 7 |
Other Expenses | 29 |
Total Expenses | 2,776 |
Expenses Paid Indirectly | (15) |
Net Expenses | 2,761 |
Net Investment Income | 217,564 |
Realized Net Gain (Loss) | |
Investment Securities Sold2 | 39,791 |
Futures Contracts | 11,448 |
Realized Net Gain (Loss) | 51,239 |
Change in Unrealized Appreciation (Depreciation) | |
Investment Securities2 | 3,866,453 |
Futures Contracts | 6,152 |
Change in Unrealized Appreciation (Depreciation) | 3,872,605 |
Net Increase (Decrease) in Net Assets Resulting from Operations | 4,141,408 |
1 | Dividends are net of foreign withholding taxes of $16,000. |
2 | Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund were $2,632,000, ($2,000), and ($10,000), respectively. Purchases and sales are for temporary cash investment purposes. |
Six Months Ended June 30, 2023 | Year Ended December 31, 2022 | ||
($000) | ($000) | ||
Increase (Decrease) in Net Assets | |||
Operations | |||
Net Investment Income | 217,564 | 426,547 | |
Realized Net Gain (Loss) | 51,239 | 2,985,578 | |
Change in Unrealized Appreciation (Depreciation) | 3,872,605 | (9,697,046) | |
Net Increase (Decrease) in Net Assets Resulting from Operations | 4,141,408 | (6,284,921) | |
Distributions | |||
Institutional Shares | (10,583) | (50,627) | |
Institutional Plus Shares | (247,549) | (1,559,456) | |
Total Distributions | (258,132) | (1,610,083) | |
Capital Share Transactions | |||
Institutional Shares | (13,137) | 376,487 | |
Institutional Plus Shares | (112,029) | (2,916,534) | |
Net Increase (Decrease) from Capital Share Transactions | (125,166) | (2,540,047) | |
Total Increase (Decrease) | 3,758,110 | (10,435,051) | |
Net Assets | |||
Beginning of Period | 25,421,907 | 35,856,958 | |
End of Period | 29,180,017 | 25,421,907 |
Institutional Shares | ||||||
For a Share Outstanding Throughout Each Period | Six Months Ended June 30, 2023 | Year Ended December 31, | ||||
2022 | 2021 | 2020 | 2019 | 2018 | ||
Net Asset Value, Beginning of Period | $67.05 | $88.21 | $73.97 | $68.66 | $54.09 | $59.47 |
Investment Operations | ||||||
Net Investment Income1 | .577 | 1.131 | 1.086 | 1.171 | 1.182 | 1.178 |
Net Realized and Unrealized Gain (Loss) on Investments | 10.230 | (17.949) | 17.890 | 12.690 | 15.381 | (4.186) |
Total from Investment Operations | 10.807 | (16.818) | 18.976 | 13.861 | 16.563 | (3.008) |
Distributions | ||||||
Dividends from Net Investment Income | (.572) | (1.143) | (1.100) | (1.325) | (1.245) | (1.185) |
Distributions from Realized Capital Gains | (.105) | (3.199) | (3.636) | (2.541) | (.748) | (1.187) |
Distributions from Return of Capital | — | — | — | (4.685) | — | — |
Total Distributions | (.677) | (4.342) | (4.736) | (8.551) | (1.993) | (2.372) |
Net Asset Value, End of Period | $77.18 | $67.05 | $88.21 | $73.97 | $68.66 | $54.09 |
Total Return | 16.20% | -19.49% | 25.75% | 20.99% | 30.86% | -5.15% |
Ratios/Supplemental Data | ||||||
Net Assets, End of Period (Millions) | $1,064 | $907 | $757 | $682 | $722 | $494 |
Ratio of Total Expenses to Average Net Assets | 0.03%2 | 0.03%2 | 0.03% | 0.03% | 0.03% | 0.03% |
Ratio of Net Investment Income to Average Net Assets | 1.63% | 1.55% | 1.30% | 1.72% | 1.87% | 1.94% |
Portfolio Turnover Rate | 5% | 8%3 | 5%3 | 11%3 | 5%3 | 7%3 |
The expense ratio and net investment income ratio for the current period have been annualized. |
1 | Calculated based on average shares outstanding. |
2 | The ratio of expenses to average net assets for the period net of reduction from custody fee offset arrangements was 0.03%. |
3 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares. |
Institutional Plus Shares | ||||||
For a Share Outstanding Throughout Each Period | Six Months Ended June 30, 2023 | Year Ended December 31, | ||||
2022 | 2021 | 2020 | 2019 | 2018 | ||
Net Asset Value, Beginning of Period | $67.03 | $88.19 | $73.96 | $68.66 | $54.09 | $59.47 |
Investment Operations | ||||||
Net Investment Income1 | .570 | 1.132 | 1.095 | 1.143 | 1.182 | 1.191 |
Net Realized and Unrealized Gain (Loss) on Investments | 10.227 | (17.949) | 17.877 | 12.715 | 15.387 | (4.193) |
Total from Investment Operations | 10.797 | (16.817) | 18.972 | 13.858 | 16.569 | (3.002) |
Distributions | ||||||
Dividends from Net Investment Income | (.572) | (1.145) | (1.108) | (1.326) | (1.251) | (1.191) |
Distributions from Realized Capital Gains | (.105) | (3.198) | (3.634) | (2.543) | (.748) | (1.187) |
Distributions from Return of Capital | — | — | — | (4.689) | — | — |
Total Distributions | (.677) | (4.343) | (4.742) | (8.558) | (1.999) | (2.378) |
Net Asset Value, End of Period | $77.15 | $67.03 | $88.19 | $73.96 | $68.66 | $54.09 |
Total Return | 16.19% | -19.49% | 25.75% | 20.99% | 30.88% | -5.14% |
Ratios/Supplemental Data | ||||||
Net Assets, End of Period (Millions) | $28,116 | $24,515 | $35,100 | $32,088 | $40,637 | $33,250 |
Ratio of Total Expenses to Average Net Assets | 0.02%2 | 0.02%2 | 0.02% | 0.02% | 0.02% | 0.02% |
Ratio of Net Investment Income to Average Net Assets | 1.62% | 1.54% | 1.31% | 1.69% | 1.88% | 1.95% |
Portfolio Turnover Rate | 5% | 8%3 | 5%3 | 11%3 | 5%3 | 7%3 |
The expense ratio and net investment income ratio for the current period have been annualized. |
1 | Calculated based on average shares outstanding. |
2 | The ratio of expenses to average net assets for the period net of reduction from custody fee offset arrangements was 0.02%. |
3 | Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares. |
A. | The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements. |
B. | In accordance with the terms of a Funds' Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees and are generally settled twice a month. |
C. | The fund’s custodian bank has agreed to reduce its fees when the fund maintains cash on deposit in the non-interest-bearing custody account. For the six months ended June 30, 2023, custodian fee offset arrangements reduced the fund’s expenses by $15,000 (an annual rate of less than 0.01% of average net assets). |
D. | Various inputs may be used to determine the value of the fund’s investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities. |
Level 1 ($000) | Level 2 ($000) | Level 3 ($000) | Total ($000) | |
Investments | ||||
Assets | ||||
Common Stocks | 28,960,776 | 281 | 103 | 28,961,160 |
Preferred Stock | 4 | — | — | 4 |
Temporary Cash Investments | 92,450 | — | — | 92,450 |
Total | 29,053,230 | 281 | 103 | 29,053,614 |
Derivative Financial Instruments | ||||
Assets | ||||
Futures Contracts1 | 3,586 | — | — | 3,586 |
1 | Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments. Only current day’s variation margin is reported within the Statement of Assets and Liabilities. |
E. | As of June 30, 2023, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows: |
Amount ($000) | |
Tax Cost | 11,305,750 |
Gross Unrealized Appreciation | 19,051,486 |
Gross Unrealized Depreciation | (1,300,036) |
Net Unrealized Appreciation (Depreciation) | 17,751,450 |
F. | During the six months ended June 30, 2023, the fund purchased $1,259,492,000 of investment securities and sold $1,450,112,000 of investment securities, other than temporary cash investments. |
G. | Capital share transactions for each class of shares were: |
Six Months Ended June 30, 2023 | Year Ended December 31, 2022 | ||||
Amount ($000) | Shares (000) | Amount ($000) | Shares (000) | ||
Institutional Shares | |||||
Issued | 562,506 | 7,879 | 572,414 | 7,712 | |
Issued in Lieu of Cash Distributions | 8,692 | 120 | 38,427 | 519 | |
Redeemed | (584,335) | (7,742) | (234,354) | (3,288) | |
Net Increase (Decrease)—Institutional Shares | (13,137) | 257 | 376,487 | 4,943 | |
Institutional Plus Shares | |||||
Issued | 1,126,069 | 15,844 | 4,441,096 | 58,784 | |
Issued in Lieu of Cash Distributions | 231,031 | 3,239 | 1,467,628 | 19,701 | |
Redeemed | (1,469,129) | (20,368) | (8,825,258) | (110,768) | |
Net Increase (Decrease)—Institutional Plus Shares | (112,029) | (1,285) | (2,916,534) | (32,283) |
H. | Significant market disruptions, such as those caused by pandemics (e.g., COVID-19 pandemic), natural or environmental disasters, war (e.g., Russia’s invasion of Ukraine), acts of terrorism, or other events, can adversely affect local and global markets and normal market operations. Any such disruptions could have an adverse impact on the value of the fund’s investments and fund performance. |
I. | Management has determined that no events or transactions occurred subsequent to June 30, 2023, that would require recognition or disclosure in these financial statements. |
All rights reserved.
Vanguard Marketing Corporation, Distributor.
Item 2: Code of Ethics.
Not applicable.
Item 3: Audit Committee Financial Expert.
Not applicable.
Item 4: Principal Accountant Fees and Services.
Not applicable.
Item 5: Audit Committee of Listed Registrants.
Not applicable.
Item 6: Investments.
Not applicable. The complete schedule of investments is included as part of the report to shareholders filed under Item 1 of this Form.
Item 7: Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable.
Item 8: Portfolio Managers of Closed-End Management Investment Companies.
Not applicable.
Item 9: Purchase of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable.
Item 10: Submission of Matters to a Vote of Security Holders.
Not applicable.
Item 11: Controls and Procedures.
(a) Disclosure Controls and Procedures. The Principal Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on their evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.
(b) Internal Control Over Financial Reporting. There were no significant changes in the Registrant’s Internal Control Over Financial Reporting or in other factors that could significantly affect this control subsequent to the date of the evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.
Item 12: Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
Not applicable.
Item 13: Exhibits.
(a)(1) | Not applicable. |
(a)(2) | Certifications filed herewith. |
(b) | Certifications filed herewith. |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
VANGUARD INSTITUTIONAL INDEX FUNDS | ||
BY: | /s/ MORTIMER J. BUCKLEY* | |
MORTIMER J. BUCKLEY | ||
CHIEF EXECUTIVE OFFICER |
Date: August 17, 2023
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
VANGUARD INSTITUTIONAL INDEX FUNDS | ||
BY: | /s/ MORTIMER J. BUCKLEY* | |
MORTIMER J. BUCKLEY | ||
CHIEF EXECUTIVE OFFICER |
Date: August 17, 2023
VANGUARD INSTITUTIONAL INDEX FUNDS | ||
BY: | /s/ CHRISTINE BUCHANAN* | |
CHRISTINE BUCHANAN | ||
CHIEF FINANCIAL OFFICER |
Date: August 17, 2023
*By: | /s/ Anne E. Robinson |
Anne E. Robinson, pursuant to a Power of Attorney filed on July 21, 2023 (see File Number 33-53683) and to a Power of Attorney filed on March 29, 2023 (see File Number 2-11444), Incorporated by Reference.