UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSRS
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-06200
Schwab Investments – Schwab 1000 Index Fund
(Exact name of registrant as specified in charter)
211 Main Street, San Francisco, California 94105
(Address of principal executive offices) (Zip code)
Jonathan de St. Paer
Schwab Investments – Schwab 1000 Index Fund
211 Main Street, San Francisco, California 94105
(Name and address of agent for service)
Registrant’s telephone number, including area code: (415) 636-7000
Date of fiscal year end: October 31
Date of reporting period: April 30, 2023
Item 1: Report(s) to Shareholders.
Index Fund
Index Fund
2 | |
3 | |
4 | |
6 | |
8 | |
10 | |
12 | |
14 | |
16 | |
18 | |
20 | |
21 | |
31 | |
45 | |
66 | |
99 | |
109 | |
122 | |
134 | |
146 | |
158 | |
162 |
Total Return for the 6 Months Ended April 30, 2023 | |
Schwab S&P 500 Index Fund (Ticker Symbol: SWPPX) | 8.61% |
S&P 500® Index | 8.63% |
Fund Category: Morningstar Large Blend1 | 7.23% |
Performance Details | pages 4-5 |
Schwab 1000 Index Fund (Ticker Symbol: SNXFX) | 7.93% |
Schwab 1000 Index® | 7.95% |
Russell 1000® Index | 8.01% |
Fund Category: Morningstar Large Blend1 | 7.23% |
Performance Details | pages 6-7 |
Schwab Small-Cap Index Fund (Ticker Symbol: SWSSX) | -3.38% |
Russell 2000® Index | -3.45% |
Fund Category: Morningstar Small Blend1 | -0.76% |
Performance Details | pages 8-9 |
Schwab Total Stock Market Index Fund (Ticker Symbol: SWTSX) | 7.33% |
Dow Jones U.S. Total Stock Market IndexSM | 7.33% |
Fund Category: Morningstar Large Blend1 | 7.23% |
Performance Details | pages 10-11 |
Total Return for the 6 Months Ended April 30, 2023 | |
Schwab U.S. Large-Cap Growth Index Fund (Ticker Symbol: SWLGX) | 11.49% |
Russell 1000® Growth Index | 11.51% |
Fund Category: Morningstar Large Growth1 | 9.82% |
Performance Details | pages 12-13 |
Schwab U.S. Large-Cap Value Index Fund (Ticker Symbol: SWLVX) | 4.54% |
Russell 1000® Value Index | 4.54% |
Fund Category: Morningstar Large Value1 | 3.89% |
Performance Details | pages 14-15 |
Schwab U.S. Mid-Cap Index Fund (Ticker Symbol: SWMCX) | 3.79% |
Russell Midcap® Index | 3.80% |
Fund Category: Morningstar Mid-Cap Blend1 | 3.05% |
Performance Details | pages 16-17 |
Schwab International Index Fund2 (Ticker Symbol: SWISX) | 24.63% |
MSCI EAFE® Index (Net)3 | 24.19% |
Fund Category: Morningstar Foreign Large Blend1 | 22.02% |
Performance Details | pages 18-19 |
Christopher Bliss, CFA, Managing Director and Head of Passive Equity Strategies for Schwab Asset Management, is responsible for overseeing the investment process and portfolio management of investment strategies for passive equity Schwab Funds and Schwab ETFs, and Schwab Personalized Indexing™ separately managed accounts. Before joining Schwab in 2016, Mr. Bliss spent 12 years at BlackRock (formerly Barclays Global Investors) managing and leading institutional index teams, most recently as a managing director and the head of the Americas institutional index team. In this role, Mr. Bliss was responsible for overseeing a team of portfolio managers managing domestic, developed international and emerging markets index strategies. Prior to BlackRock, he worked as an equity analyst and portfolio manager for Harris Bretall and before that, as a research analyst for JP Morgan. |
Jeremy Brown, CFA, Senior Portfolio Manager for Schwab Asset Management, is responsible for the day-to-day co-management of the funds, except for the Schwab International Index Fund. Prior to joining Schwab in 2017, Mr. Brown spent six years with ALPS Advisors, Inc. in Denver, most recently as a senior analyst on the ETF portfolio management and research team where he performed portfolio management, trading, and analytics/research functions for ALPS ETFs and passive funds. Additionally, Mr. Brown led a number of investment research, commentary, industry trend analysis, and sales and marketing support initiatives. |
Ferian Juwono, CFA, Senior Portfolio Manager for Schwab Asset Management, is responsible for the oversight and day-to-day co-management of the funds, except for the Schwab International Index Fund. Prior to joining Schwab in 2010, Mr. Juwono worked at BlackRock (formerly Barclays Global Investors) where he spent more than three years as a portfolio manager, managing equity index funds for institutional clients, and two years as a senior business analyst. Prior to that, Mr. Juwono worked for more than four years as a senior financial analyst with Union Bank of California. |
David Rios, Portfolio Manager for Schwab Asset Management, is responsible for the day-to-day co-management of the Schwab International Index Fund. Prior to this role, Mr. Rios was an associate portfolio manager on the equity index strategies team for four years. His first role with Schwab Asset Management was as a trade operations specialist. Prior to joining Schwab in 2008, Mr. Rios was a senior fund accountant at Investors Bank & Trust (subsequently acquired by State Street Corporation). |
Sabya Sinha, Portfolio Manager for Schwab Asset Management, is responsible for the day-to-day co-management of the funds, except for the Schwab International Index Fund. Prior to joining Schwab in 2015, Mr. Sinha spent a year at F-Squared Investments on the product development and analytics team. Prior to F-Squared, he worked at IndexIQ Advisors as a senior index portfolio manager for three years and for Bank of America’s Columbia Management subsidiary as a portfolio manager for three years. Mr. Sinha also spent time as a software consultant at DPM Mellon, LLC and an equity trader at Jane Street Capital. |
Agnes Zau, CFA, Portfolio Manager for Schwab Asset Management, is responsible for the day-to-day co-management of the funds, except for the Schwab International Index Fund. Prior to joining Schwab in 2018, Ms. Zau was at BlackRock for three years, most recently as a multi-asset portfolio investment consultant where she advised institutional clients on asset allocation and strategy, constructed risk decomposition and portfolio optimization, and conducted scenario analyses for the core multi-asset target risk strategies. She spent the preceding three years as a derivatives specialist at Mellon Capital. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | 10 Years |
Fund: Schwab S&P 500 Index Fund (5/19/97) | 8.61% | 2.62% | 11.42% | 12.14% |
S&P 500® Index | 8.63% | 2.66% | 11.45% | 12.20% |
Fund Category: Morningstar Large Blend2 | 7.23% | 1.80% | 9.94% | 10.81% |
Fund Expense Ratio3: 0.02% |
Number of Holdings | 503 |
Weighted Average Market Cap (millions) | $570,026 |
Price/Earnings Ratio (P/E) | 21.9 |
Price/Book Ratio (P/B) | 3.8 |
Portfolio Turnover Rate | 1% 2 |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | 10 Years |
Fund: Schwab 1000 Index Fund (4/2/91) | 7.93% | 1.64% | 10.83% | 11.69% |
Schwab 1000 Index® | 7.95% | 1.69% | 10.88% | 11.83% |
Russell 1000® Index | 8.01% | 1.82% | 11.07% | 11.95% |
Fund Category: Morningstar Large Blend2 | 7.23% | 1.80% | 9.94% | 10.81% |
Fund Expense Ratio3: 0.05% |
Number of Holdings | 987 2 |
Weighted Average Market Cap (millions) | $517,956 |
Price/Earnings Ratio (P/E) | 21.2 |
Price/Book Ratio (P/B) | 3.7 |
Portfolio Turnover Rate | 1% 3,4 |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | 10 Years |
Fund: Schwab Small-Cap Index Fund (5/19/97) | -3.38% | -3.58% | 4.21% | 7.93% |
Russell 2000® Index | -3.45% | -3.65% | 4.15% | 7.88% |
Fund Category: Morningstar Small Blend2 | -0.76% | -2.08% | 5.15% | 8.00% |
Fund Expense Ratio3: 0.04% |
Number of Holdings | 1,921 |
Weighted Average Market Cap (millions) | $2,940 |
Price/Earnings Ratio (P/E) | 11.3 |
Price/Book Ratio (P/B) | 1.8 |
Portfolio Turnover Rate | 2% 2,3 |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | 10 Years |
Fund: Schwab Total Stock Market Index Fund (6/1/99) | 7.33% | 1.27% | 10.43% | 11.53% |
Dow Jones U.S. Total Stock Market IndexSM | 7.33% | 1.28% | 10.46% | 11.57% |
Fund Category: Morningstar Large Blend2 | 7.23% | 1.80% | 9.94% | 10.81% |
Fund Expense Ratio3: 0.03% |
Number of Holdings | 3,515 |
Weighted Average Market Cap (millions) | $489,398 |
Price/Earnings Ratio (P/E) | 20.5 |
Price/Book Ratio (P/B) | 3.4 |
Portfolio Turnover Rate | 1% 2 |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception |
Fund: Schwab U.S. Large-Cap Growth Index Fund (12/20/17) | 11.49% | 2.29% | 13.74% | 13.00% |
Russell 1000® Growth Index | 11.51% | 2.34% | 13.80% | 13.06% |
Fund Category: Morningstar Large Growth2 | 9.82% | -0.09% | 10.26% | N/A |
Fund Expense Ratio3: 0.035% |
Number of Holdings | 509 |
Weighted Average Market Cap (millions) | $861,882 |
Price/Earnings Ratio (P/E) | 29.4 |
Price/Book Ratio (P/B) | 9.2 |
Portfolio Turnover Rate | 8% 2 |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception |
Fund: Schwab U.S. Large-Cap Value Index Fund (12/20/17) | 4.54% | 1.18% | 7.66% | 6.68% |
Russell 1000® Value Index | 4.54% | 1.21% | 7.75% | 6.76% |
Fund Category: Morningstar Large Value2 | 3.89% | 1.38% | 7.89% | N/A |
Fund Expense Ratio3: 0.035% |
Number of Holdings | 852 |
Weighted Average Market Cap (millions) | $164,787 |
Price/Earnings Ratio (P/E) | 16.3 |
Price/Book Ratio (P/B) | 2.2 |
Portfolio Turnover Rate | 13% 2 |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception |
Fund: Schwab U.S. Mid-Cap Index Fund (12/20/17) | 3.79% | -1.69% | 7.92% | 7.33% |
Russell Midcap® Index | 3.80% | -1.69% | 7.97% | 7.37% |
Fund Category: Morningstar Mid-Cap Blend2 | 3.05% | -0.48% | 7.07% | N/A |
Fund Expense Ratio3: 0.04% |
Number of Holdings | 817 |
Weighted Average Market Cap (millions) | $22,559 |
Price/Earnings Ratio (P/E) | 16.9 |
Price/Book Ratio (P/B) | 2.6 |
Portfolio Turnover Rate | 1% 2 |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | 10 Years |
Fund: Schwab International Index Fund (5/19/97) | 24.63% | 9.82% | 3.84% | 4.80% |
MSCI EAFE® Index (Net)3 | 24.19% | 8.42% | 3.63% | 4.76% |
Fund Category: Morningstar Foreign Large Blend4 | 22.02% | 6.55% | 3.09% | 4.50% |
Fund Expense Ratio5: 0.06% |
Number of Holdings | 797 |
Weighted Average Market Cap (millions) | $87,676 |
Price/Earnings Ratio (P/E) | 13.7 |
Price/Book Ratio (P/B) | 1.7 |
Portfolio Turnover Rate | 4% 2 |
EXPENSE RATIO (ANNUALIZED) 1 | BEGINNING ACCOUNT VALUE AT 11/1/22 | ENDING ACCOUNT VALUE (NET OF EXPENSES) AT 4/30/23 | EXPENSES PAID DURING PERIOD 11/1/22-4/30/23 2 | |
Schwab S&P 500 Index Fund | ||||
Actual Return | 0.02% | $1,000.00 | $1,086.10 | $0.10 |
Hypothetical 5% Return | 0.02% | $1,000.00 | $1,024.70 | $0.10 |
Schwab 1000 Index Fund | ||||
Actual Return | 0.05% | $1,000.00 | $1,079.30 | $0.26 |
Hypothetical 5% Return | 0.05% | $1,000.00 | $1,024.55 | $0.25 |
Schwab Small-Cap Index Fund | ||||
Actual Return | 0.04% | $1,000.00 | $966.20 | $0.20 |
Hypothetical 5% Return | 0.04% | $1,000.00 | $1,024.60 | $0.20 |
Schwab Total Stock Market Index Fund | ||||
Actual Return | 0.03% | $1,000.00 | $1,073.30 | $0.15 |
Hypothetical 5% Return | 0.03% | $1,000.00 | $1,024.65 | $0.15 |
Schwab U.S. Large-Cap Growth Index Fund | ||||
Actual Return | 0.035% | $1,000.00 | $1,114.90 | $0.18 |
Hypothetical 5% Return | 0.035% | $1,000.00 | $1,024.62 | $0.18 |
Schwab U.S. Large-Cap Value Index Fund | ||||
Actual Return | 0.035% | $1,000.00 | $1,045.40 | $0.18 |
Hypothetical 5% Return | 0.035% | $1,000.00 | $1,024.62 | $0.18 |
Schwab U.S. Mid-Cap Index Fund | ||||
Actual Return | 0.04% | $1,000.00 | $1,037.90 | $0.20 |
Hypothetical 5% Return | 0.04% | $1,000.00 | $1,024.60 | $0.20 |
Schwab International Index Fund | ||||
Actual Return | 0.06% | $1,000.00 | $1,246.30 | $0.33 |
Hypothetical 5% Return | 0.06% | $1,000.00 | $1,024.50 | $0.30 |
1 | Based on the most recent six-month expense ratio. |
2 | Expenses for each fund are equal to its annualized expense ratio, multiplied by the average account value over the period, multiplied by 181 days in the period, and divided by 365 days in the fiscal year. |
11/1/22– 4/30/23* | 11/1/21– 10/31/22 | 11/1/20– 10/31/21 | 11/1/19– 10/31/20 | 11/1/18– 10/31/19 | 11/1/17– 10/31/18 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $60.02 | $71.21 | $50.75 | $47.17 | $42.41 | $40.23 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 0.53 | 0.97 | 0.90 | 1.02 | 0.92 | 0.80 |
Net realized and unrealized gains (losses) | 4.57 | (11.23 ) | 20.60 | 3.52 | 4.86 | 2.12 |
Total from investment operations | 5.10 | (10.26 ) | 21.50 | 4.54 | 5.78 | 2.92 |
Less distributions: | ||||||
Distributions from net investment income | (0.98 ) | (0.86 ) | (1.04 ) | (0.87 ) | (0.84 ) | (0.72 ) |
Distributions from net realized gains | — | (0.07 ) | — | (0.09 ) | (0.18 ) | (0.02 ) |
Total distributions | (0.98 ) | (0.93 ) | (1.04 ) | (0.96 ) | (1.02 ) | (0.74 ) |
Net asset value at end of period | $64.14 | $60.02 | $71.21 | $50.75 | $47.17 | $42.41 |
Total return | 8.61 %2 | (14.63 %) | 42.89 % | 9.69 % | 14.30 % | 7.29 % |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.02 %3,4 | 0.02 %4 | 0.02 % | 0.02 % | 0.02 %5 | 0.03 % |
Net investment income (loss) | 1.75 %3 | 1.49 % | 1.42 % | 2.11 % | 2.11 % | 1.88 % |
Portfolio turnover rate | 1 %2 | 2 % | 3 % | 4 % | 3 % | 2 % |
Net assets, end of period (x 1,000,000) | $66,994 | $61,068 | $67,401 | $44,184 | $40,232 | $34,410 |
* | Unaudited. |
1 | Calculated based on the average shares outstanding during the period. |
2 | Not annualized. |
3 | Annualized. |
4 | Ratio includes less than 0.005% of non-routine proxy expenses. |
5 | Effective December 20, 2018, the annual operating expense ratio was reduced to 0.02%. The ratio presented for period ended 10/31/19 is a blended ratio. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.5% OF NET ASSETS | ||
Automobiles & Components 1.6% | ||
Aptiv plc * | 519,167 | 53,401,518 |
BorgWarner, Inc. | 447,324 | 21,529,704 |
Ford Motor Co. | 7,491,146 | 88,994,815 |
General Motors Co. | 2,668,254 | 88,159,112 |
Tesla, Inc. * | 5,146,023 | 845,543,039 |
1,097,628,188 | ||
Banks 3.1% | ||
Bank of America Corp. | 13,354,827 | 391,029,335 |
Citigroup, Inc. | 3,706,039 | 174,443,256 |
Citizens Financial Group, Inc. | 942,948 | 29,174,811 |
Comerica, Inc. | 248,875 | 10,793,709 |
Fifth Third Bancorp | 1,305,105 | 34,193,751 |
First Republic Bank (a) | 355,022 | 1,246,127 |
Huntington Bancshares, Inc. | 2,768,034 | 31,001,981 |
JPMorgan Chase & Co. | 5,612,244 | 775,836,611 |
KeyCorp | 1,792,541 | 20,184,012 |
M&T Bank Corp. | 323,200 | 40,658,561 |
Regions Financial Corp. | 1,788,852 | 32,664,437 |
The PNC Financial Services Group, Inc. | 767,382 | 99,951,505 |
Truist Financial Corp. | 2,540,076 | 82,755,676 |
U.S. Bancorp | 2,666,016 | 91,391,028 |
Wells Fargo & Co. | 7,290,846 | 289,811,128 |
Zions Bancorp NA | 284,008 | 7,912,463 |
2,113,048,391 | ||
Capital Goods 5.5% | ||
3M Co. | 1,053,510 | 111,903,832 |
A.O. Smith Corp. | 243,177 | 16,606,557 |
Allegion plc | 167,338 | 18,487,502 |
AMETEK, Inc. | 439,155 | 60,572,649 |
Carrier Global Corp. | 1,597,328 | 66,800,257 |
Caterpillar, Inc. | 995,673 | 217,853,252 |
Cummins, Inc. | 270,725 | 63,631,204 |
Deere & Co. | 517,387 | 195,582,634 |
Dover Corp. | 267,951 | 39,163,718 |
Eaton Corp. plc | 760,942 | 127,168,627 |
Emerson Electric Co. | 1,093,414 | 91,037,650 |
Fastenal Co. | 1,092,814 | 58,837,106 |
Fortive Corp. | 676,279 | 42,666,442 |
Generac Holdings, Inc. * | 120,714 | 12,339,385 |
General Dynamics Corp. | 430,569 | 94,010,436 |
General Electric Co. | 2,083,996 | 206,253,084 |
Honeywell International, Inc. | 1,278,285 | 255,452,474 |
Howmet Aerospace, Inc. | 702,355 | 31,107,303 |
Huntington Ingalls Industries, Inc. | 76,530 | 15,433,040 |
IDEX Corp. | 144,738 | 29,862,344 |
Illinois Tool Works, Inc. | 530,922 | 128,451,269 |
Ingersoll Rand, Inc. | 775,268 | 44,205,781 |
Johnson Controls International plc | 1,315,238 | 78,703,842 |
L3Harris Technologies, Inc. | 364,713 | 71,173,742 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Lockheed Martin Corp. | 434,764 | 201,926,140 |
Masco Corp. | 430,789 | 23,051,519 |
Nordson Corp. | 103,157 | 22,313,891 |
Northrop Grumman Corp. | 275,290 | 126,983,018 |
Otis Worldwide Corp. | 793,847 | 67,715,149 |
PACCAR, Inc. | 999,674 | 74,665,651 |
Parker-Hannifin Corp. | 245,315 | 79,697,937 |
Pentair plc | 314,397 | 18,260,178 |
Quanta Services, Inc. | 273,237 | 46,351,925 |
Raytheon Technologies Corp. | 2,802,784 | 279,998,122 |
Rockwell Automation, Inc. | 219,619 | 62,242,221 |
Snap-on, Inc. | 101,391 | 26,301,839 |
Stanley Black & Decker, Inc. | 282,050 | 24,352,197 |
Textron, Inc. | 398,107 | 26,649,283 |
The Boeing Co. * | 1,075,907 | 222,476,050 |
Trane Technologies plc | 438,427 | 81,464,121 |
TransDigm Group, Inc. | 99,255 | 75,930,075 |
United Rentals, Inc. | 132,729 | 47,929,769 |
W.W. Grainger, Inc. | 85,902 | 59,750,854 |
Westinghouse Air Brake Technologies Corp. | 347,228 | 33,913,759 |
Xylem, Inc. | 344,523 | 35,775,268 |
3,715,053,096 | ||
Commercial & Professional Services 1.3% | ||
Automatic Data Processing, Inc. | 792,770 | 174,409,400 |
Broadridge Financial Solutions, Inc. | 225,602 | 32,804,787 |
Ceridian HCM Holding, Inc. * | 295,920 | 18,785,002 |
Cintas Corp. | 165,295 | 75,336,502 |
Copart, Inc. * | 820,278 | 64,842,976 |
CoStar Group, Inc. * | 778,475 | 59,903,651 |
Equifax, Inc. | 234,784 | 48,924,290 |
Jacobs Solutions, Inc. | 242,623 | 28,013,252 |
Leidos Holdings, Inc. | 261,176 | 24,357,274 |
Paychex, Inc. | 613,004 | 67,344,619 |
Paycom Software, Inc. * | 91,987 | 26,710,265 |
Republic Services, Inc. | 392,520 | 56,766,242 |
Robert Half International, Inc. | 206,411 | 15,068,003 |
Rollins, Inc. | 440,663 | 18,618,012 |
Verisk Analytics, Inc. | 299,424 | 58,121,193 |
Waste Management, Inc. | 710,766 | 118,022,694 |
888,028,162 | ||
Consumer Discretionary Distribution & Retail 5.1% | ||
Advance Auto Parts, Inc. | 113,074 | 14,194,179 |
Amazon.com, Inc. * | 17,058,065 | 1,798,772,954 |
AutoZone, Inc. * | 35,912 | 95,644,789 |
Bath & Body Works, Inc. | 438,756 | 15,400,336 |
Best Buy Co., Inc. | 375,816 | 28,005,808 |
CarMax, Inc. * | 303,038 | 21,221,751 |
eBay, Inc. | 1,037,291 | 48,161,421 |
Etsy, Inc. * | 240,163 | 24,263,668 |
Genuine Parts Co. | 269,492 | 45,358,198 |
LKQ Corp. | 484,153 | 27,950,153 |
Lowe’s Cos., Inc. | 1,157,060 | 240,471,780 |
O'Reilly Automotive, Inc. * | 119,319 | 109,452,512 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Pool Corp. | 74,508 | 26,176,151 |
Ross Stores, Inc. | 659,296 | 70,366,662 |
The Home Depot, Inc. | 1,950,138 | 586,094,474 |
The TJX Cos., Inc. | 2,210,870 | 174,260,773 |
Tractor Supply Co. | 211,094 | 50,324,810 |
Ulta Beauty, Inc. * | 97,505 | 53,767,182 |
3,429,887,601 | ||
Consumer Durables & Apparel 0.9% | ||
D.R. Horton, Inc. | 598,997 | 65,781,850 |
Garmin Ltd. | 293,037 | 28,767,442 |
Hasbro, Inc. | 248,013 | 14,687,330 |
Lennar Corp., Class A | 484,738 | 54,683,294 |
Mohawk Industries, Inc. * | 100,004 | 10,590,424 |
Newell Brands, Inc. | 714,214 | 8,677,700 |
NIKE, Inc., Class B | 2,383,084 | 301,984,404 |
NVR, Inc. * | 5,810 | 33,930,400 |
PulteGroup, Inc. | 430,794 | 28,927,817 |
Ralph Lauren Corp. | 79,014 | 9,070,017 |
Tapestry, Inc. | 451,004 | 18,405,473 |
VF Corp. | 636,256 | 14,958,379 |
Whirlpool Corp. | 104,118 | 14,533,832 |
604,998,362 | ||
Consumer Services 2.2% | ||
Booking Holdings, Inc. * | 74,203 | 199,332,261 |
Caesars Entertainment, Inc. * | 411,473 | 18,635,612 |
Carnival Corp. * | 1,921,878 | 17,700,496 |
Chipotle Mexican Grill, Inc. * | 52,842 | 109,257,176 |
Darden Restaurants, Inc. | 232,176 | 35,274,500 |
Domino’s Pizza, Inc. | 67,722 | 21,499,703 |
Expedia Group, Inc. * | 282,148 | 26,510,626 |
Hilton Worldwide Holdings, Inc. | 509,924 | 73,439,255 |
Las Vegas Sands Corp. * | 630,277 | 40,243,186 |
Marriott International, Inc., Class A | 515,152 | 87,235,840 |
McDonald’s Corp. | 1,401,225 | 414,412,294 |
MGM Resorts International | 600,476 | 26,973,382 |
Norwegian Cruise Line Holdings Ltd. * | 811,509 | 10,833,645 |
Royal Caribbean Cruises Ltd. * | 421,003 | 27,546,226 |
Starbucks Corp. | 2,198,626 | 251,280,966 |
Wynn Resorts Ltd. * | 197,806 | 22,605,270 |
Yum! Brands, Inc. | 535,926 | 75,340,477 |
1,458,120,915 | ||
Consumer Staples Distribution & Retail 1.9% | ||
Costco Wholesale Corp. | 849,016 | 427,241,831 |
Dollar General Corp. | 427,817 | 94,744,353 |
Dollar Tree, Inc. * | 398,278 | 61,219,311 |
Sysco Corp. | 971,524 | 74,554,752 |
Target Corp. | 880,768 | 138,941,152 |
The Kroger Co. | 1,246,598 | 60,622,061 |
Walgreens Boots Alliance, Inc. | 1,371,659 | 48,350,980 |
Walmart, Inc. | 2,683,072 | 405,063,380 |
1,310,737,820 | ||
Energy 4.7% | ||
APA Corp. | 613,912 | 22,622,657 |
Baker Hughes Co. | 1,927,172 | 56,350,509 |
Chevron Corp. | 3,403,897 | 573,828,956 |
ConocoPhillips | 2,341,863 | 240,954,284 |
Coterra Energy, Inc. | 1,507,059 | 38,580,710 |
Devon Energy Corp. | 1,249,671 | 66,769,922 |
Diamondback Energy, Inc. | 352,164 | 50,077,721 |
EOG Resources, Inc. | 1,124,052 | 134,290,492 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
EQT Corp. | 700,095 | 24,391,310 |
Exxon Mobil Corp. | 7,879,198 | 932,424,291 |
Halliburton Co. | 1,730,690 | 56,680,097 |
Hess Corp. | 530,314 | 76,927,349 |
Kinder Morgan, Inc. | 3,786,066 | 64,931,032 |
Marathon Oil Corp. | 1,218,373 | 29,435,892 |
Marathon Petroleum Corp. | 868,679 | 105,978,838 |
Occidental Petroleum Corp. | 1,391,586 | 85,624,287 |
ONEOK, Inc. | 855,502 | 55,958,386 |
Phillips 66 | 891,716 | 88,279,884 |
Pioneer Natural Resources Co. | 454,798 | 98,941,305 |
Schlumberger Ltd. | 2,716,402 | 134,054,439 |
Targa Resources Corp. | 433,207 | 32,720,125 |
The Williams Cos., Inc. | 2,327,793 | 70,439,016 |
Valero Energy Corp. | 737,730 | 84,595,499 |
3,124,857,001 | ||
Equity Real Estate Investment Trusts (REITs) 2.5% | ||
Alexandria Real Estate Equities, Inc. | 300,699 | 37,340,802 |
American Tower Corp. | 890,902 | 182,091,460 |
AvalonBay Communities, Inc. | 267,875 | 48,316,614 |
Boston Properties, Inc. | 272,238 | 14,526,620 |
Camden Property Trust | 210,436 | 23,158,482 |
Crown Castle, Inc. | 828,632 | 101,996,313 |
Digital Realty Trust, Inc. | 550,296 | 54,561,848 |
Equinix, Inc. | 177,058 | 128,204,157 |
Equity Residential | 652,944 | 41,298,708 |
Essex Property Trust, Inc. | 123,170 | 27,064,144 |
Extra Space Storage, Inc. | 256,012 | 38,924,064 |
Federal Realty Investment Trust | 139,223 | 13,767,762 |
Healthpeak Properties, Inc. | 1,044,447 | 22,946,500 |
Host Hotels & Resorts, Inc. | 1,369,854 | 22,150,539 |
Invitation Homes, Inc. | 1,110,540 | 37,058,720 |
Iron Mountain, Inc. | 557,940 | 30,820,606 |
Kimco Realty Corp. | 1,179,636 | 22,637,215 |
Mid-America Apartment Communities, Inc. | 221,312 | 34,037,786 |
Prologis, Inc. | 1,766,233 | 221,220,683 |
Public Storage | 302,546 | 89,199,637 |
Realty Income Corp. | 1,201,090 | 75,476,495 |
Regency Centers Corp. | 295,063 | 18,125,720 |
SBA Communications Corp. | 206,692 | 53,923,876 |
Simon Property Group, Inc. | 624,726 | 70,793,950 |
UDR, Inc. | 590,696 | 24,413,466 |
Ventas, Inc. | 766,616 | 36,835,899 |
VICI Properties, Inc. | 1,923,155 | 65,271,881 |
Welltower, Inc. | 903,205 | 71,551,900 |
Weyerhaeuser Co. | 1,403,548 | 41,980,121 |
1,649,695,968 | ||
Financial Services 7.7% | ||
American Express Co. | 1,139,018 | 183,769,164 |
Ameriprise Financial, Inc. | 201,740 | 61,554,909 |
Berkshire Hathaway, Inc., Class B * | 3,447,127 | 1,132,553,576 |
BlackRock, Inc. | 286,546 | 192,329,675 |
Capital One Financial Corp. | 729,729 | 71,002,632 |
Cboe Global Markets, Inc. | 203,539 | 28,434,398 |
CME Group, Inc. | 688,387 | 127,881,653 |
Discover Financial Services | 511,895 | 52,965,776 |
FactSet Research Systems, Inc. | 73,177 | 30,126,239 |
Fidelity National Information Services, Inc. | 1,134,453 | 66,615,080 |
Fiserv, Inc. * | 1,214,927 | 148,366,885 |
FleetCor Technologies, Inc. * | 141,599 | 30,290,858 |
Franklin Resources, Inc. | 543,303 | 14,603,985 |
Global Payments, Inc. | 504,081 | 56,814,969 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Intercontinental Exchange, Inc. | 1,069,550 | 116,506,081 |
Invesco Ltd. | 868,174 | 14,871,821 |
Jack Henry & Associates, Inc. | 140,272 | 22,912,028 |
MarketAxess Holdings, Inc. | 71,943 | 22,904,493 |
Mastercard, Inc., Class A | 1,614,290 | 613,478,629 |
Moody's Corp. | 301,731 | 94,478,011 |
Morgan Stanley | 2,499,811 | 224,907,996 |
MSCI, Inc. | 153,093 | 73,859,718 |
Nasdaq, Inc. | 649,902 | 35,985,074 |
Northern Trust Corp. | 399,818 | 31,249,775 |
PayPal Holdings, Inc. * | 2,164,781 | 164,523,356 |
Raymond James Financial, Inc. | 370,136 | 33,508,412 |
S&P Global, Inc. | 629,938 | 228,402,920 |
State Street Corp. | 669,045 | 48,345,192 |
Synchrony Financial | 834,979 | 24,640,230 |
T. Rowe Price Group, Inc. | 429,953 | 48,296,620 |
The Bank of New York Mellon Corp. | 1,406,188 | 59,889,547 |
The Charles Schwab Corp. (b) | 2,900,146 | 151,503,627 |
The Goldman Sachs Group, Inc. | 647,984 | 222,543,625 |
Visa, Inc., Class A | 3,109,037 | 723,566,181 |
5,153,683,135 | ||
Food, Beverage & Tobacco 3.7% | ||
Altria Group, Inc. | 3,417,189 | 162,350,649 |
Archer-Daniels-Midland Co. | 1,046,956 | 81,746,324 |
Brown-Forman Corp., Class B | 349,310 | 22,736,588 |
Bunge Ltd. | 287,187 | 26,880,703 |
Campbell Soup Co. | 382,872 | 20,789,950 |
Conagra Brands, Inc. | 911,884 | 34,615,117 |
Constellation Brands, Inc., Class A | 310,218 | 71,185,724 |
General Mills, Inc. | 1,128,300 | 100,001,229 |
Hormel Foods Corp. | 553,705 | 22,391,830 |
Kellogg Co. | 491,048 | 34,260,419 |
Keurig Dr Pepper, Inc. | 1,626,980 | 53,202,246 |
Lamb Weston Holdings, Inc. | 274,708 | 30,715,101 |
McCormick & Co., Inc. - Non Voting Shares | 478,947 | 42,075,494 |
Molson Coors Beverage Co., Class B | 358,397 | 21,317,454 |
Mondelez International, Inc., Class A | 2,608,428 | 200,118,596 |
Monster Beverage Corp. * | 1,458,514 | 81,676,784 |
PepsiCo, Inc. | 2,635,375 | 503,066,734 |
Philip Morris International, Inc. | 2,966,176 | 296,528,615 |
The Coca-Cola Co. | 7,447,488 | 477,756,355 |
The Hershey Co. | 280,945 | 76,714,842 |
The JM Smucker Co. | 204,531 | 31,581,632 |
The Kraft Heinz Co. | 1,524,256 | 59,857,533 |
Tyson Foods, Inc., Class A | 545,085 | 34,062,362 |
2,485,632,281 | ||
Health Care Equipment & Services 6.1% | ||
Abbott Laboratories | 3,336,015 | 368,529,577 |
Align Technology, Inc. * | 139,105 | 45,250,857 |
AmerisourceBergen Corp. | 309,308 | 51,608,040 |
Baxter International, Inc. | 966,109 | 46,064,077 |
Becton, Dickinson & Co. | 543,171 | 143,565,527 |
Boston Scientific Corp. * | 2,739,994 | 142,808,487 |
Cardinal Health, Inc. | 491,808 | 40,377,437 |
Centene Corp. * | 1,054,340 | 72,675,656 |
Cigna Corp. | 571,418 | 144,734,465 |
CVS Health Corp. | 2,457,086 | 180,128,975 |
DaVita, Inc. * | 106,119 | 9,588,913 |
Dentsply Sirona, Inc. | 413,725 | 17,347,489 |
DexCom, Inc. * | 739,360 | 89,713,942 |
Edwards Lifesciences Corp. * | 1,183,024 | 104,082,452 |
Elevance Health, Inc. | 456,946 | 214,147,743 |
GE Healthcare, Inc. * | 693,868 | 56,439,223 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
HCA Healthcare, Inc. | 405,641 | 116,552,829 |
Henry Schein, Inc. * | 260,280 | 21,033,227 |
Hologic, Inc. * | 470,678 | 40,483,015 |
Humana, Inc. | 239,109 | 126,844,933 |
IDEXX Laboratories, Inc. * | 158,576 | 78,044,764 |
Insulet Corp. * | 132,864 | 42,256,067 |
Intuitive Surgical, Inc. * | 670,408 | 201,940,298 |
Laboratory Corp. of America Holdings | 169,837 | 38,503,746 |
McKesson Corp. | 262,045 | 95,447,271 |
Medtronic plc | 2,545,201 | 231,486,031 |
Molina Healthcare, Inc. * | 111,789 | 33,300,825 |
Quest Diagnostics, Inc. | 211,837 | 29,405,094 |
ResMed, Inc. | 281,323 | 67,787,590 |
STERIS plc | 190,037 | 35,831,476 |
Stryker Corp. | 645,039 | 193,285,936 |
Teleflex, Inc. | 90,099 | 24,553,779 |
The Cooper Cos., Inc. | 94,204 | 35,934,116 |
UnitedHealth Group, Inc. | 1,787,726 | 879,722,087 |
Universal Health Services, Inc., Class B | 123,466 | 18,563,113 |
Zimmer Biomet Holdings, Inc. | 401,193 | 55,541,159 |
4,093,580,216 | ||
Household & Personal Products 1.7% | ||
Church & Dwight Co., Inc. | 465,751 | 45,233,737 |
Colgate-Palmolive Co. | 1,598,667 | 127,573,627 |
Kimberly-Clark Corp. | 646,086 | 93,611,400 |
The Clorox Co. | 236,482 | 39,166,149 |
The Estee Lauder Cos., Inc., Class A | 443,274 | 109,364,561 |
The Procter & Gamble Co. | 4,513,900 | 705,883,682 |
1,120,833,156 | ||
Insurance 2.2% | ||
Aflac, Inc. | 1,071,798 | 74,865,090 |
American International Group, Inc. | 1,423,468 | 75,500,743 |
Aon plc, Class A | 392,918 | 127,769,075 |
Arch Capital Group Ltd. * | 708,516 | 53,188,296 |
Arthur J. Gallagher & Co. | 405,769 | 84,424,298 |
Assurant, Inc. | 101,269 | 12,469,252 |
Brown & Brown, Inc. | 448,762 | 28,895,785 |
Chubb Ltd. | 793,830 | 160,004,375 |
Cincinnati Financial Corp. | 300,650 | 32,001,186 |
Everest Re Group Ltd. | 75,013 | 28,354,914 |
Globe Life, Inc. | 172,445 | 18,713,731 |
Lincoln National Corp. | 294,121 | 6,391,249 |
Loews Corp. | 372,056 | 21,419,264 |
Marsh & McLennan Cos., Inc. | 946,706 | 170,586,954 |
MetLife, Inc. | 1,262,148 | 77,407,537 |
Principal Financial Group, Inc. | 435,164 | 32,502,399 |
Prudential Financial, Inc. | 703,610 | 61,214,070 |
The Allstate Corp. | 503,767 | 58,316,068 |
The Hartford Financial Services Group, Inc. | 604,253 | 42,895,921 |
The Progressive Corp. | 1,118,763 | 152,599,273 |
The Travelers Cos., Inc. | 442,347 | 80,126,736 |
W.R. Berkley Corp. | 390,773 | 23,024,345 |
Willis Towers Watson plc | 204,548 | 47,373,317 |
1,470,043,878 | ||
Materials 2.6% | ||
Air Products & Chemicals, Inc. | 424,866 | 125,063,556 |
Albemarle Corp. | 224,293 | 41,597,380 |
Amcor plc | 2,849,986 | 31,264,346 |
Avery Dennison Corp. | 155,219 | 27,082,611 |
Ball Corp. | 599,521 | 31,882,527 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Celanese Corp. | 190,612 | 20,250,619 |
CF Industries Holdings, Inc. | 376,756 | 26,968,194 |
Corteva, Inc. | 1,364,312 | 83,386,749 |
Dow, Inc. | 1,349,646 | 73,420,742 |
DuPont de Nemours, Inc. | 877,495 | 61,178,951 |
Eastman Chemical Co. | 227,701 | 19,188,363 |
Ecolab, Inc. | 474,442 | 79,630,345 |
FMC Corp. | 241,381 | 29,829,864 |
Freeport-McMoRan, Inc. | 2,735,089 | 103,687,224 |
International Flavors & Fragrances, Inc. | 487,538 | 47,271,685 |
International Paper Co. | 679,470 | 22,497,252 |
Linde plc | 942,342 | 348,148,252 |
LyondellBasell Industries N.V., Class A | 485,349 | 45,918,869 |
Martin Marietta Materials, Inc. | 118,547 | 43,056,270 |
Newmont Corp. | 1,516,803 | 71,896,462 |
Nucor Corp. | 484,186 | 71,746,682 |
Packaging Corp. of America | 176,567 | 23,882,452 |
PPG Industries, Inc. | 449,669 | 63,070,574 |
Sealed Air Corp. | 276,641 | 13,276,002 |
Steel Dynamics, Inc. | 318,930 | 33,152,774 |
The Mosaic Co. | 652,960 | 27,979,336 |
The Sherwin-Williams Co. | 451,205 | 107,179,236 |
Vulcan Materials Co. | 254,608 | 44,586,953 |
Westrock Co. | 485,749 | 14,538,468 |
1,732,632,738 | ||
Media & Entertainment 7.2% | ||
Activision Blizzard, Inc. * | 1,362,798 | 105,903,033 |
Alphabet, Inc., Class A * | 11,395,978 | 1,223,244,279 |
Alphabet, Inc., Class C * | 9,934,473 | 1,075,108,668 |
Charter Communications, Inc., Class A * | 201,604 | 74,331,395 |
Comcast Corp., Class A | 8,049,549 | 333,009,842 |
DISH Network Corp., Class A * | 474,787 | 3,565,650 |
Electronic Arts, Inc. | 499,000 | 63,512,720 |
Fox Corp., Class A | 569,236 | 18,932,789 |
Fox Corp., Class B | 260,050 | 7,941,927 |
Live Nation Entertainment, Inc. * | 272,293 | 18,456,020 |
Match Group, Inc. * | 533,675 | 19,692,607 |
Meta Platforms, Inc., Class A * | 4,258,736 | 1,023,459,436 |
Netflix, Inc. * | 852,129 | 281,142,921 |
News Corp., Class A | 727,820 | 12,816,910 |
News Corp., Class B | 225,271 | 3,998,560 |
Omnicom Group, Inc. | 388,038 | 35,144,602 |
Paramount Global, Class B | 967,466 | 22,570,982 |
Take-Two Interactive Software, Inc. * | 302,664 | 37,618,109 |
The Interpublic Group of Cos., Inc. | 743,711 | 26,572,794 |
The Walt Disney Co. * | 3,495,581 | 358,297,052 |
Warner Bros Discovery, Inc. * | 4,231,709 | 57,593,559 |
4,802,913,855 | ||
Pharmaceuticals, Biotechnology & Life Sciences 8.2% | ||
AbbVie, Inc. | 3,383,752 | 511,352,602 |
Agilent Technologies, Inc. | 566,759 | 76,756,171 |
Amgen, Inc. | 1,021,696 | 244,941,399 |
Biogen, Inc. * | 275,784 | 83,901,766 |
Bio-Rad Laboratories, Inc., Class A * | 41,417 | 18,670,369 |
Bio-Techne Corp. | 300,182 | 23,978,538 |
Bristol-Myers Squibb Co. | 4,068,404 | 271,647,335 |
Catalent, Inc. * | 345,149 | 17,298,868 |
Charles River Laboratories International, Inc. * | 96,985 | 18,438,788 |
Danaher Corp. | 1,254,146 | 297,119,729 |
Eli Lilly & Co. | 1,508,977 | 597,343,635 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Gilead Sciences, Inc. | 2,385,785 | 196,135,385 |
Illumina, Inc. * | 300,682 | 61,808,192 |
Incyte Corp. * | 352,992 | 26,266,135 |
IQVIA Holdings, Inc. * | 355,821 | 66,976,187 |
Johnson & Johnson | 5,002,595 | 818,924,802 |
Merck & Co., Inc. | 4,851,093 | 560,155,709 |
Mettler-Toledo International, Inc. * | 42,297 | 63,085,976 |
Moderna, Inc. * | 632,169 | 84,008,938 |
Organon & Co. | 484,333 | 11,929,122 |
PerkinElmer, Inc. | 241,735 | 31,544,000 |
Pfizer, Inc. | 10,740,820 | 417,710,490 |
Regeneron Pharmaceuticals, Inc. * | 205,696 | 164,924,996 |
Thermo Fisher Scientific, Inc. | 750,405 | 416,399,735 |
Vertex Pharmaceuticals, Inc. * | 491,890 | 167,601,680 |
Viatris, Inc. | 2,315,383 | 21,602,523 |
Waters Corp. * | 113,511 | 34,094,164 |
West Pharmaceutical Services, Inc. | 141,584 | 51,145,804 |
Zoetis, Inc. | 891,757 | 156,753,045 |
5,512,516,083 | ||
Real Estate Management & Development 0.1% | ||
CBRE Group, Inc., Class A * | 603,636 | 46,274,736 |
Semiconductors & Semiconductor Equipment 6.0% | ||
Advanced Micro Devices, Inc. * | 3,085,071 | 275,712,795 |
Analog Devices, Inc. | 969,695 | 174,428,737 |
Applied Materials, Inc. | 1,612,986 | 182,315,808 |
Broadcom, Inc. | 799,558 | 500,923,087 |
Enphase Energy, Inc. * | 260,314 | 42,743,559 |
First Solar, Inc. * | 189,745 | 34,643,642 |
Intel Corp. | 7,915,828 | 245,865,618 |
KLA Corp. | 264,955 | 102,415,706 |
Lam Research Corp. | 258,167 | 135,300,161 |
Microchip Technology, Inc. | 1,047,983 | 76,492,279 |
Micron Technology, Inc. | 2,087,870 | 134,375,313 |
Monolithic Power Systems, Inc. | 85,451 | 39,475,798 |
NVIDIA Corp. | 4,706,875 | 1,306,110,744 |
NXP Semiconductors N.V. | 495,991 | 81,213,566 |
ON Semiconductor Corp. * | 826,562 | 59,479,402 |
Qorvo, Inc. * | 190,476 | 17,539,030 |
QUALCOMM, Inc. | 2,133,442 | 249,186,026 |
Skyworks Solutions, Inc. | 305,045 | 32,304,265 |
SolarEdge Technologies, Inc. * | 107,122 | 30,597,257 |
Teradyne, Inc. | 297,661 | 27,200,262 |
Texas Instruments, Inc. | 1,733,876 | 289,904,067 |
4,038,227,122 | ||
Software & Services 10.7% | ||
Accenture plc, Class A | 1,204,868 | 337,712,452 |
Adobe, Inc. * | 875,970 | 330,731,233 |
Akamai Technologies, Inc. * | 300,595 | 24,639,772 |
ANSYS, Inc. * | 166,512 | 52,271,447 |
Autodesk, Inc. * | 413,187 | 80,484,696 |
Cadence Design Systems, Inc. * | 524,846 | 109,928,995 |
Cognizant Technology Solutions Corp., Class A | 974,894 | 58,210,921 |
DXC Technology Co. * | 433,546 | 10,340,072 |
EPAM Systems, Inc. * | 110,170 | 31,116,415 |
Fair Isaac Corp. * | 48,028 | 34,961,983 |
Fortinet, Inc. * | 1,241,417 | 78,271,342 |
Gartner, Inc. * | 151,486 | 45,818,455 |
Gen Digital, Inc. | 1,085,738 | 19,184,990 |
International Business Machines Corp. | 1,729,851 | 218,670,465 |
Intuit, Inc. | 537,520 | 238,632,004 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Microsoft Corp. | 14,242,769 | 4,376,233,203 |
Oracle Corp. | 2,940,496 | 278,523,781 |
PTC, Inc. * | 203,209 | 25,561,660 |
Roper Technologies, Inc. | 202,928 | 92,287,596 |
Salesforce, Inc. * | 1,913,410 | 379,563,142 |
ServiceNow, Inc. * | 388,442 | 178,458,024 |
Synopsys, Inc. * | 291,605 | 108,278,768 |
Tyler Technologies, Inc. * | 79,609 | 30,174,199 |
VeriSign, Inc. * | 175,335 | 38,889,303 |
7,178,944,918 | ||
Technology Hardware & Equipment 8.9% | ||
Amphenol Corp., Class A | 1,138,222 | 85,901,614 |
Apple Inc. | 28,456,784 | 4,828,547,109 |
Arista Networks, Inc. * | 472,997 | 75,755,200 |
CDW Corp. | 258,783 | 43,887,009 |
Cisco Systems, Inc. | 7,859,662 | 371,369,030 |
Corning, Inc. | 1,454,825 | 48,329,287 |
F5, Inc. * | 115,375 | 15,501,785 |
Hewlett Packard Enterprise Co. | 2,449,350 | 35,074,692 |
HP, Inc. | 1,656,808 | 49,223,766 |
Juniper Networks, Inc. | 622,676 | 18,773,681 |
Keysight Technologies, Inc. * | 341,007 | 49,323,252 |
Motorola Solutions, Inc. | 319,921 | 93,224,978 |
NetApp, Inc. | 411,584 | 25,884,518 |
Seagate Technology Holdings plc | 367,161 | 21,578,052 |
TE Connectivity Ltd. | 605,478 | 74,092,343 |
Teledyne Technologies, Inc. * | 89,808 | 37,216,435 |
Trimble, Inc. * | 470,943 | 22,181,415 |
Western Digital Corp. * | 612,680 | 21,100,699 |
Zebra Technologies Corp., Class A * | 99,003 | 28,515,834 |
5,945,480,699 | ||
Telecommunication Services 1.1% | ||
AT&T, Inc. | 13,638,444 | 240,991,306 |
T-Mobile US, Inc. * | 1,133,308 | 163,083,021 |
Verizon Communications, Inc. | 8,036,875 | 312,071,856 |
716,146,183 | ||
Transportation 1.6% | ||
Alaska Air Group, Inc. * | 245,861 | 10,685,119 |
American Airlines Group, Inc. * | 1,241,354 | 16,932,069 |
C.H. Robinson Worldwide, Inc. | 225,323 | 22,728,331 |
CSX Corp. | 4,023,775 | 123,288,466 |
Delta Air Lines, Inc. * | 1,228,412 | 42,146,816 |
Expeditors International of Washington, Inc. | 304,687 | 34,685,568 |
FedEx Corp. | 444,325 | 101,208,349 |
JB Hunt Transport Services, Inc. | 158,222 | 27,734,734 |
Norfolk Southern Corp. | 435,965 | 88,513,974 |
Old Dominion Freight Line, Inc. | 173,347 | 55,538,645 |
Southwest Airlines Co. | 1,135,698 | 34,400,292 |
Union Pacific Corp. | 1,170,837 | 229,132,801 |
United Airlines Holdings, Inc. * | 623,358 | 27,303,080 |
United Parcel Service, Inc., Class B | 1,396,473 | 251,099,810 |
1,065,398,054 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Utilities 2.9% | ||
Alliant Energy Corp. | 479,632 | 26,446,909 |
Ameren Corp. | 494,102 | 43,960,255 |
American Electric Power Co., Inc. | 983,791 | 90,921,964 |
American Water Works Co., Inc. | 369,434 | 54,768,591 |
Atmos Energy Corp. | 273,463 | 31,213,067 |
CenterPoint Energy, Inc. | 1,205,088 | 36,719,031 |
CMS Energy Corp. | 556,154 | 34,626,148 |
Consolidated Edison, Inc. | 679,276 | 66,888,308 |
Constellation Energy Corp. | 626,894 | 48,521,596 |
Dominion Energy, Inc. | 1,595,096 | 91,143,785 |
DTE Energy Co. | 371,166 | 41,722,770 |
Duke Energy Corp. | 1,473,850 | 145,734,288 |
Edison International | 729,607 | 53,699,075 |
Entergy Corp. | 388,988 | 41,847,329 |
Evergy, Inc. | 438,485 | 27,234,303 |
Eversource Energy | 667,322 | 51,790,860 |
Exelon Corp. | 1,902,176 | 80,728,349 |
FirstEnergy Corp. | 1,038,322 | 41,325,216 |
NextEra Energy, Inc. | 3,802,113 | 291,355,919 |
NiSource, Inc. | 773,846 | 22,023,657 |
NRG Energy, Inc. | 439,013 | 15,001,074 |
PG&E Corp. * | 3,076,496 | 52,638,847 |
Pinnacle West Capital Corp. | 215,401 | 16,900,363 |
PPL Corp. | 1,411,665 | 40,543,019 |
Public Service Enterprise Group, Inc. | 955,147 | 60,365,290 |
Sempra Energy | 601,529 | 93,531,744 |
The AES Corp. | 1,278,893 | 30,258,608 |
The Southern Co. | 2,083,423 | 153,235,762 |
WEC Energy Group, Inc. | 603,811 | 58,068,504 |
Xcel Energy, Inc. | 1,047,963 | 73,263,093 |
1,916,477,724 | ||
Total Common Stocks (Cost $31,047,235,765) | 66,670,840,282 | |
Total Investments in Securities (Cost $31,047,235,765) | 66,670,840,282 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
S&P 500 Index, e-mini, expires 06/16/23 | 1,514 | 317,069,450 | 10,816,530 |
* | Non-income producing security. |
(a) | First Republic Bank was placed into receivership with the Federal Deposit Insurance Corp. due to inadequate liquidity and insolvency on May 1, 2023 and the position has subsequently been sold. |
(b) | Issuer is affiliated with the fund’s investment adviser. |
SECURITY | VALUE AT 10/31/22 | PURCHASES | SALES | REALIZED GAINS (LOSSES) | NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) | VALUE AT 4/30/23 | BALANCE OF SHARES HELD AT 4/30/23 | DIVIDENDS RECEIVED |
COMMON STOCKS 0.2% OF NET ASSETS | ||||||||
Financial Services 0.2% | ||||||||
The Charles Schwab Corp. | $226,553,277 | $4,326,014 | $— | $— | ($79,375,664) | $151,503,627 | 2,900,146 | $1,344,764 |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Common Stocks1 | $66,670,840,282 | $— | $— | $66,670,840,282 |
Futures Contracts2 | 10,816,530 | — | — | 10,816,530 |
Total | $66,681,656,812 | $— | $— | $66,681,656,812 |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - affiliated (cost $96,529,934) | $151,503,627 | |
Investments in securities, at value - unaffiliated (cost $30,950,705,831) | 66,519,336,655 | |
Cash | 260,245,894 | |
Deposit with broker for futures contracts | 20,988,000 | |
Receivables: | ||
Dividends | 53,221,343 | |
Fund shares sold | 31,500,263 | |
Variation margin on future contracts | + | 2,688,379 |
Total assets | 67,039,484,161 | |
Liabilities | ||
Payables: | ||
Fund shares redeemed | 44,029,819 | |
Investment adviser fees | + | 1,014,796 |
Total liabilities | 45,044,615 | |
Net assets | $66,994,439,546 | |
Net Assets by Source | ||
Capital received from investors | $31,702,235,117 | |
Total distributable earnings | + | 35,292,204,429 |
Net assets | $66,994,439,546 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$66,994,439,546 | 1,044,431,362 | $64.14 | ||
For the period November 1, 2022 through April 30, 2023; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $137,516) | $556,408,698 | |
Dividends received from securities - affiliated | 1,344,764 | |
Securities on loan, net | + | 2,619 |
Total investment income | 557,756,081 | |
Expenses | ||
Investment adviser fees | 6,295,363 | |
Proxy fees1 | + | 29,036 |
Total expenses | – | 6,324,399 |
Net investment income | 551,431,682 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated | (182,868,741 ) | |
Net realized gains on futures contracts | + | 13,873,095 |
Net realized losses | (168,995,646 ) | |
Net change in unrealized appreciation (depreciation) on securities - affiliated | (79,375,664 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 4,980,179,917 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 2,742,550 |
Net change in unrealized appreciation (depreciation) | + | 4,903,546,803 |
Net realized and unrealized gains | 4,734,551,157 | |
Increase in net assets resulting from operations | $5,285,982,839 |
1 | Proxy fees are non-routine expenses (see financial note 2(e) for additional information). |
OPERATIONS | |||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||
Net investment income | $551,431,682 | $966,947,258 | |
Net realized losses | (168,995,646 ) | (162,413,170 ) | |
Net change in unrealized appreciation (depreciation) | + | 4,903,546,803 | (11,097,236,764 ) |
Increase (decrease) in net assets resulting from operations | $5,285,982,839 | ($10,292,702,676 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($999,828,367 ) | ($892,809,698 ) |
TRANSACTIONS IN FUND SHARES | |||||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 80,057,851 | $4,902,882,666 | 210,459,089 | $13,861,852,248 | |
Shares reinvested | 13,335,793 | 802,281,368 | 10,113,772 | 728,899,804 | |
Shares redeemed | + | (66,459,485 ) | (4,065,222,754 ) | (149,593,128 ) | (9,738,121,330 ) |
Net transactions in fund shares | 26,934,159 | $1,639,941,280 | 70,979,733 | $4,852,630,722 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 1,017,497,203 | $61,068,343,794 | 946,517,470 | $67,401,225,446 | |
Total increase (decrease) | + | 26,934,159 | 5,926,095,752 | 70,979,733 | (6,332,881,652 ) |
End of period | 1,044,431,362 | $66,994,439,546 | 1,017,497,203 | $61,068,343,794 |
11/1/22– 4/30/23* | 11/1/21– 10/31/22 | 11/1/20– 10/31/21 | 11/1/19– 10/31/20 | 11/1/18– 10/31/19 | 11/1/17– 10/31/18 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $84.03 | $102.69 | $73.73 | $68.68 | $64.19 | $62.61 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 0.72 | 1.29 | 1.24 | 1.38 | 1.38 | 1.18 |
Net realized and unrealized gains (losses) | 5.86 | (18.14 ) | 30.02 | 5.81 | 6.73 | 3.05 |
Total from investment operations | 6.58 | (16.85 ) | 31.26 | 7.19 | 8.11 | 4.23 |
Less distributions: | ||||||
Distributions from net investment income | (1.32 ) | (1.23 ) | (1.42 ) | (1.29 ) | (1.28 ) | (1.10 ) |
Distributions from net realized gains | — | (0.58 ) | (0.88 ) | (0.85 ) | (2.34 ) | (1.55 ) |
Total distributions | (1.32 ) | (1.81 ) | (2.30 ) | (2.14 ) | (3.62 ) | (2.65 ) |
Net asset value at end of period | $89.29 | $84.03 | $102.69 | $73.73 | $68.68 | $64.19 |
Total return | 7.93 %2 | (16.73 %) | 43.16 % | 10.60 % | 14.20 % | 6.84 % |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.05 %3 | 0.05 %4 | 0.05 % | 0.05 % | 0.05 % | 0.05 % |
Net investment income (loss) | 1.70 %3 | 1.40 % | 1.36 % | 1.97 % | 2.15 % | 1.82 % |
Portfolio turnover rate | 1 %2,5 | 2 %5 | 5 %5 | 4 % | 5 % | 4 % |
Net assets, end of period (x 1,000,000) | $12,658 | $11,888 | $14,222 | $9,774 | $9,346 | $7,909 |
* | Unaudited. |
1 | Calculated based on the average shares outstanding during the period. |
2 | Not annualized. |
3 | Annualized. |
4 | Ratio includes less than 0.005% of non-routine proxy expenses. |
5 | Portfolio turnover rate excludes in-kind transactions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.6% OF NET ASSETS | ||
Automobiles & Components 1.6% | ||
Aptiv plc * | 88,823 | 9,136,334 |
Autoliv, Inc. | 25,473 | 2,185,838 |
BorgWarner, Inc. | 77,100 | 3,710,823 |
Ford Motor Co. | 1,283,467 | 15,247,588 |
General Motors Co. | 457,270 | 15,108,201 |
Gentex Corp. | 76,436 | 2,108,869 |
Harley-Davidson, Inc. | 43,452 | 1,612,069 |
Lear Corp. | 19,329 | 2,467,540 |
Lucid Group, Inc. *(a) | 209,765 | 1,665,534 |
Rivian Automotive, Inc., Class A * | 179,118 | 2,296,293 |
Tesla, Inc. * | 881,621 | 144,859,147 |
Thor Industries, Inc. | 17,593 | 1,390,199 |
201,788,435 | ||
Banks 3.2% | ||
Bank of America Corp. | 2,287,878 | 66,989,068 |
Bank OZK | 36,194 | 1,292,850 |
BOK Financial Corp. | 9,558 | 801,629 |
Cadence Bank | 59,396 | 1,200,987 |
Citigroup, Inc. | 635,014 | 29,890,109 |
Citizens Financial Group, Inc. | 161,644 | 5,001,265 |
Comerica, Inc. | 42,709 | 1,852,289 |
Commerce Bancshares, Inc. | 37,391 | 2,088,287 |
Cullen/Frost Bankers, Inc. | 21,276 | 2,345,679 |
East West Bancorp, Inc. | 46,013 | 2,378,412 |
F.N.B. Corp. | 118,454 | 1,359,852 |
Fifth Third Bancorp | 224,092 | 5,871,210 |
First Citizens BancShares, Inc., Class A | 3,889 | 3,916,923 |
First Financial Bankshares, Inc. | 43,280 | 1,266,373 |
First Horizon Corp. | 175,717 | 3,083,833 |
First Interstate BancSystem, Inc., Class A | 28,971 | 741,368 |
First Republic Bank (b) | 60,910 | 213,794 |
Glacier Bancorp, Inc. | 36,125 | 1,200,434 |
Home BancShares, Inc. | 62,038 | 1,350,567 |
Huntington Bancshares, Inc. | 472,136 | 5,287,923 |
JPMorgan Chase & Co. | 961,520 | 132,920,525 |
KeyCorp | 305,853 | 3,443,905 |
M&T Bank Corp. | 55,502 | 6,982,152 |
New York Community Bancorp, Inc. | 222,927 | 2,383,090 |
Old National Bancorp | 95,535 | 1,281,124 |
Pinnacle Financial Partners, Inc. | 25,092 | 1,360,739 |
Popular, Inc. | 23,499 | 1,410,175 |
Prosperity Bancshares, Inc. | 29,960 | 1,876,095 |
Regions Financial Corp. | 307,269 | 5,610,732 |
ServisFirst Bancshares, Inc. | 15,982 | 807,091 |
SouthState Corp. | 24,727 | 1,705,669 |
Synovus Financial Corp. | 47,902 | 1,475,382 |
The PNC Financial Services Group, Inc. | 131,379 | 17,112,115 |
Truist Financial Corp. | 435,007 | 14,172,528 |
U.S. Bancorp | 456,732 | 15,656,773 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
UMB Financial Corp. | 14,165 | 901,036 |
United Bankshares, Inc. | 43,908 | 1,454,672 |
Valley National Bancorp | 137,143 | 1,286,401 |
Webster Financial Corp. | 57,017 | 2,126,734 |
Wells Fargo & Co. | 1,249,112 | 49,652,202 |
Western Alliance Bancorp | 35,470 | 1,316,646 |
Wintrust Financial Corp. | 19,780 | 1,352,359 |
Zions Bancorp NA | 49,006 | 1,365,307 |
405,786,304 | ||
Capital Goods 6.0% | ||
3M Co. | 180,639 | 19,187,475 |
A.O. Smith Corp. | 41,769 | 2,852,405 |
Acuity Brands, Inc. | 10,540 | 1,658,785 |
Advanced Drainage Systems, Inc. | 20,498 | 1,757,089 |
AECOM | 45,704 | 3,795,717 |
AGCO Corp. | 20,208 | 2,504,580 |
Allegion plc | 28,759 | 3,177,294 |
AMETEK, Inc. | 75,264 | 10,381,164 |
Axon Enterprise, Inc. * | 22,212 | 4,680,291 |
Bloom Energy Corp., Class A * | 59,180 | 985,347 |
Builders FirstSource, Inc. * | 48,163 | 4,564,407 |
BWX Technologies, Inc. | 29,879 | 1,929,586 |
Carlisle Cos., Inc. | 17,041 | 3,678,300 |
Carrier Global Corp. | 273,770 | 11,449,061 |
Caterpillar, Inc. | 170,595 | 37,326,186 |
ChargePoint Holdings, Inc. *(a) | 84,637 | 733,803 |
Chart Industries, Inc. * | 14,010 | 1,864,731 |
Crane Co. * | 15,679 | 1,129,986 |
Crane Holdings Co. | 15,679 | 742,557 |
Cummins, Inc. | 46,320 | 10,887,053 |
Curtiss-Wright Corp. | 12,541 | 2,129,838 |
Deere & Co. | 88,575 | 33,483,121 |
Donaldson Co., Inc. | 40,226 | 2,556,362 |
Dover Corp. | 45,743 | 6,685,797 |
Eaton Corp. plc | 130,338 | 21,782,087 |
EMCOR Group, Inc. | 15,551 | 2,659,221 |
Emerson Electric Co. | 187,260 | 15,591,268 |
Evoqua Water Technologies Corp. * | 40,365 | 1,996,049 |
Fastenal Co. | 186,792 | 10,056,881 |
Fortive Corp. | 115,929 | 7,313,961 |
Fortune Brands Innovations, Inc. | 42,029 | 2,718,856 |
Generac Holdings, Inc. * | 20,830 | 2,129,243 |
General Dynamics Corp. | 73,755 | 16,103,667 |
General Electric Co. | 357,113 | 35,343,474 |
Graco, Inc. | 55,080 | 4,367,293 |
HEICO Corp. | 13,109 | 2,210,702 |
HEICO Corp., Class A | 22,829 | 3,064,337 |
Hexcel Corp. | 27,397 | 1,974,776 |
Honeywell International, Inc. | 218,998 | 43,764,560 |
Howmet Aerospace, Inc. | 120,763 | 5,348,593 |
Hubbell, Inc. | 17,590 | 4,737,339 |
Huntington Ingalls Industries, Inc. | 13,066 | 2,634,890 |
IDEX Corp. | 24,676 | 5,091,152 |
Illinois Tool Works, Inc. | 90,909 | 21,994,523 |
Ingersoll Rand, Inc. | 132,589 | 7,560,225 |
ITT, Inc. | 27,189 | 2,295,839 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Johnson Controls International plc | 225,551 | 13,496,972 |
L3Harris Technologies, Inc. | 62,415 | 12,180,287 |
Lennox International, Inc. | 10,668 | 3,007,416 |
Lincoln Electric Holdings, Inc. | 18,886 | 3,169,071 |
Lockheed Martin Corp. | 74,471 | 34,588,056 |
Masco Corp. | 73,638 | 3,940,369 |
MasTec, Inc. * | 19,359 | 1,719,273 |
Masterbrand, Inc. * | 42,420 | 342,329 |
MDU Resources Group, Inc. | 67,333 | 1,967,470 |
Nordson Corp. | 17,593 | 3,805,542 |
Northrop Grumman Corp. | 47,166 | 21,756,261 |
nVent Electric plc | 54,686 | 2,292,984 |
Oshkosh Corp. | 21,668 | 1,658,035 |
Otis Worldwide Corp. | 135,845 | 11,587,578 |
Owens Corning | 30,507 | 3,258,453 |
PACCAR, Inc. | 171,138 | 12,782,297 |
Parker-Hannifin Corp. | 42,045 | 13,659,580 |
Parsons Corp. * | 10,807 | 470,104 |
Pentair plc | 54,001 | 3,136,378 |
Plug Power, Inc. *(a) | 172,188 | 1,554,858 |
Quanta Services, Inc. | 46,771 | 7,934,232 |
Raytheon Technologies Corp. | 480,326 | 47,984,567 |
RBC Bearings, Inc. * | 9,507 | 2,158,184 |
Regal Rexnord Corp. | 21,695 | 2,823,821 |
Rockwell Automation, Inc. | 37,650 | 10,670,386 |
Sensata Technologies Holding plc | 50,073 | 2,175,672 |
SiteOne Landscape Supply, Inc. * | 14,826 | 2,190,393 |
Snap-on, Inc. | 17,404 | 4,514,772 |
Stanley Black & Decker, Inc. | 48,703 | 4,205,017 |
Sunrun, Inc. * | 69,213 | 1,456,242 |
Textron, Inc. | 68,403 | 4,578,897 |
The Boeing Co. * | 184,344 | 38,118,652 |
The Middleby Corp. * | 17,694 | 2,492,731 |
The Timken Co. | 21,550 | 1,656,117 |
The Toro Co. | 34,415 | 3,588,108 |
Trane Technologies plc | 75,002 | 13,936,122 |
TransDigm Group, Inc. | 17,008 | 13,011,120 |
Trex Co., Inc. * | 35,957 | 1,965,410 |
UFP Industries, Inc. | 20,143 | 1,581,628 |
United Rentals, Inc. | 22,757 | 8,217,780 |
Univar Solutions, Inc. * | 53,650 | 1,904,575 |
Valmont Industries, Inc. | 6,963 | 2,023,169 |
Vertiv Holdings Co. | 99,551 | 1,485,301 |
W.W. Grainger, Inc. | 14,744 | 10,255,484 |
Watsco, Inc. | 10,947 | 3,791,822 |
WESCO International, Inc. | 14,563 | 2,097,072 |
Westinghouse Air Brake Technologies Corp. | 59,745 | 5,835,294 |
WillScot Mobile Mini Holdings Corp. * | 68,435 | 3,106,949 |
Woodward, Inc. | 19,749 | 1,896,299 |
Xylem, Inc. | 59,045 | 6,131,233 |
Zurn Elkay Water Solutions Corp. | 47,551 | 1,024,724 |
756,064,957 | ||
Commercial & Professional Services 1.6% | ||
ASGN, Inc. * | 16,309 | 1,167,561 |
Automatic Data Processing, Inc. | 135,826 | 29,881,720 |
Booz Allen Hamilton Holding Corp. | 43,342 | 4,148,696 |
Broadridge Financial Solutions, Inc. | 38,671 | 5,623,150 |
CACI International, Inc., Class A * | 7,688 | 2,408,804 |
Casella Waste Systems, Inc., Class A * | 16,536 | 1,471,704 |
Ceridian HCM Holding, Inc. * | 50,589 | 3,211,390 |
Cintas Corp. | 28,308 | 12,901,937 |
Clarivate plc * | 140,745 | 1,247,001 |
Clean Harbors, Inc. * | 16,507 | 2,396,156 |
Concentrix Corp. | 14,130 | 1,363,686 |
Copart, Inc. * | 140,513 | 11,107,553 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
CoStar Group, Inc. * | 133,143 | 10,245,354 |
Driven Brands Holdings, Inc. * | 17,974 | 551,802 |
Dun & Bradstreet Holdings, Inc. | 70,789 | 790,713 |
Equifax, Inc. | 40,166 | 8,369,791 |
ExlService Holdings, Inc. * | 10,805 | 1,927,396 |
Exponent, Inc. | 16,660 | 1,533,553 |
FTI Consulting, Inc. * | 11,303 | 2,040,191 |
Genpact Ltd. | 55,096 | 2,454,527 |
Insperity, Inc. | 11,710 | 1,434,007 |
Jacobs Solutions, Inc. | 41,423 | 4,782,700 |
KBR, Inc. | 44,947 | 2,549,843 |
Leidos Holdings, Inc. | 44,992 | 4,195,954 |
MSA Safety, Inc. | 12,118 | 1,572,311 |
Paychex, Inc. | 105,154 | 11,552,218 |
Paycom Software, Inc. * | 15,838 | 4,598,880 |
Paycor HCM, Inc. * | 15,359 | 360,937 |
Paylocity Holding Corp. * | 13,526 | 2,614,441 |
Republic Services, Inc. | 67,433 | 9,752,160 |
Robert Half International, Inc. | 35,475 | 2,589,675 |
Rollins, Inc. | 76,416 | 3,228,576 |
Science Applications International Corp. | 17,981 | 1,834,601 |
SS&C Technologies Holdings, Inc. | 71,973 | 4,213,299 |
Stericycle, Inc. * | 30,055 | 1,372,011 |
Tetra Tech, Inc. | 17,398 | 2,407,361 |
TransUnion | 63,137 | 4,344,457 |
TriNet Group, Inc. * | 11,827 | 1,097,309 |
Verisk Analytics, Inc. | 51,270 | 9,952,020 |
Waste Management, Inc. | 121,733 | 20,213,765 |
199,509,210 | ||
Consumer Discretionary Distribution & Retail 4.9% | ||
Advance Auto Parts, Inc. | 19,398 | 2,435,031 |
Amazon.com, Inc. * | 2,922,393 | 308,166,342 |
AutoNation, Inc. * | 11,128 | 1,465,558 |
AutoZone, Inc. * | 6,148 | 16,374,030 |
Bath & Body Works, Inc. | 74,583 | 2,617,863 |
Best Buy Co., Inc. | 64,543 | 4,809,744 |
Burlington Stores, Inc. * | 21,327 | 4,112,059 |
CarMax, Inc. * | 51,698 | 3,620,411 |
Dick's Sporting Goods, Inc. | 19,639 | 2,847,851 |
eBay, Inc. | 178,362 | 8,281,348 |
Etsy, Inc. * | 41,175 | 4,159,910 |
Five Below, Inc. * | 18,296 | 3,610,899 |
Floor & Decor Holdings, Inc., Class A * | 34,865 | 3,463,489 |
GameStop Corp., Class A *(a) | 82,176 | 1,585,175 |
Genuine Parts Co. | 46,264 | 7,786,694 |
Lithia Motors, Inc. | 9,002 | 1,988,452 |
LKQ Corp. | 83,263 | 4,806,773 |
Lowe’s Cos., Inc. | 198,090 | 41,169,045 |
Macy's, Inc. | 88,168 | 1,440,665 |
Murphy USA, Inc. | 6,584 | 1,812,114 |
O'Reilly Automotive, Inc. * | 20,433 | 18,743,395 |
Penske Automotive Group, Inc. | 8,290 | 1,148,828 |
Pool Corp. | 12,761 | 4,483,195 |
RH * | 6,136 | 1,565,478 |
Ross Stores, Inc. | 112,816 | 12,040,852 |
The Home Depot, Inc. | 334,134 | 100,420,632 |
The TJX Cos., Inc. | 378,486 | 29,832,266 |
Tractor Supply Co. | 36,237 | 8,638,901 |
Ulta Beauty, Inc. * | 16,656 | 9,184,618 |
Valvoline, Inc. | 56,430 | 1,949,656 |
Williams-Sonoma, Inc. | 21,755 | 2,633,225 |
617,194,499 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Consumer Durables & Apparel 1.1% | ||
Brunswick Corp. | 23,632 | 2,003,757 |
Capri Holdings Ltd. * | 41,269 | 1,712,664 |
Columbia Sportswear Co. | 11,637 | 972,155 |
Crocs, Inc. * | 20,274 | 2,507,286 |
D.R. Horton, Inc. | 102,405 | 11,246,117 |
Deckers Outdoor Corp. * | 8,666 | 4,153,960 |
Garmin Ltd. | 50,164 | 4,924,600 |
Hasbro, Inc. | 43,052 | 2,549,539 |
Leggett & Platt, Inc. | 43,179 | 1,395,114 |
Lennar Corp., Class A | 82,933 | 9,355,672 |
Lululemon Athletica, Inc. * | 38,096 | 14,473,813 |
Mattel, Inc. * | 115,874 | 2,085,732 |
Mohawk Industries, Inc. * | 17,173 | 1,818,621 |
Newell Brands, Inc. | 123,952 | 1,506,017 |
NIKE, Inc., Class B | 408,346 | 51,745,605 |
NVR, Inc. * | 995 | 5,810,800 |
Polaris, Inc. | 17,819 | 1,936,034 |
PulteGroup, Inc. | 73,758 | 4,952,850 |
Skechers U.S.A., Inc., Class A * | 43,786 | 2,328,977 |
Tapestry, Inc. | 77,424 | 3,159,673 |
Tempur Sealy International, Inc. | 56,111 | 2,102,479 |
Toll Brothers, Inc. | 33,813 | 2,160,989 |
TopBuild Corp. * | 10,503 | 2,368,216 |
VF Corp. | 107,903 | 2,536,800 |
Whirlpool Corp. | 17,810 | 2,486,098 |
142,293,568 | ||
Consumer Services 2.4% | ||
ADT, Inc. | 69,869 | 468,122 |
Airbnb, Inc., Class A * | 130,554 | 15,623,397 |
Aramark | 85,478 | 2,966,087 |
Booking Holdings, Inc. * | 12,717 | 34,161,804 |
Boyd Gaming Corp. | 26,184 | 1,817,170 |
Caesars Entertainment, Inc. * | 70,757 | 3,204,585 |
Carnival Corp. * | 327,037 | 3,012,011 |
Chipotle Mexican Grill, Inc. * | 9,058 | 18,728,502 |
Choice Hotels International, Inc. | 9,006 | 1,148,445 |
Churchill Downs, Inc. | 10,758 | 3,147,038 |
Darden Restaurants, Inc. | 39,815 | 6,049,093 |
Domino’s Pizza, Inc. | 11,603 | 3,683,604 |
DoorDash, Inc., Class A * | 86,026 | 5,263,931 |
DraftKings, Inc., Class A * | 146,478 | 3,209,333 |
Expedia Group, Inc. * | 48,473 | 4,554,523 |
H&R Block, Inc. | 49,793 | 1,688,481 |
Hilton Grand Vacations, Inc. * | 26,057 | 1,115,240 |
Hilton Worldwide Holdings, Inc. | 87,276 | 12,569,489 |
Hyatt Hotels Corp., Class A * | 15,789 | 1,804,683 |
Las Vegas Sands Corp. * | 108,100 | 6,902,185 |
Light & Wonder, Inc. * | 30,753 | 1,854,098 |
Marriott International, Inc., Class A | 88,226 | 14,940,191 |
Marriott Vacations Worldwide Corp. | 12,684 | 1,706,759 |
McDonald’s Corp. | 240,101 | 71,009,871 |
MGM Resorts International | 103,114 | 4,631,881 |
Norwegian Cruise Line Holdings Ltd. * | 137,825 | 1,839,964 |
Penn Entertainment, Inc. * | 50,993 | 1,519,081 |
Planet Fitness, Inc., Class A * | 27,372 | 2,275,708 |
Royal Caribbean Cruises Ltd. * | 72,189 | 4,723,326 |
Service Corp. International | 50,264 | 3,528,030 |
Starbucks Corp. | 376,775 | 43,061,615 |
Texas Roadhouse, Inc. | 21,891 | 2,421,582 |
The Wendy's Co. | 55,855 | 1,234,395 |
Vail Resorts, Inc. | 13,299 | 3,198,675 |
Wyndham Hotels & Resorts, Inc. | 29,117 | 1,986,362 |
Wynn Resorts Ltd. * | 33,864 | 3,869,978 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Yum! Brands, Inc. | 91,672 | 12,887,250 |
307,806,489 | ||
Consumer Staples Distribution & Retail 1.9% | ||
Albertsons Cos., Inc., Class A | 52,139 | 1,089,705 |
BJ's Wholesale Club Holdings, Inc. * | 44,240 | 3,378,609 |
Casey's General Stores, Inc. | 12,222 | 2,796,638 |
Costco Wholesale Corp. | 145,447 | 73,191,839 |
Dollar General Corp. | 73,243 | 16,220,395 |
Dollar Tree, Inc. * | 68,218 | 10,485,789 |
Performance Food Group Co. * | 51,509 | 3,229,099 |
Sysco Corp. | 166,403 | 12,769,766 |
Target Corp. | 150,929 | 23,809,050 |
The Kroger Co. | 213,548 | 10,384,839 |
U.S. Foods Holding Corp. * | 67,630 | 2,596,992 |
Walgreens Boots Alliance, Inc. | 234,300 | 8,259,075 |
Walmart, Inc. | 459,672 | 69,396,682 |
237,608,478 | ||
Energy 4.6% | ||
Antero Resources Corp. * | 90,270 | 2,075,307 |
APA Corp. | 105,387 | 3,883,511 |
Baker Hughes Co. | 329,935 | 9,647,299 |
ChampionX Corp. | 65,582 | 1,775,961 |
Cheniere Energy, Inc. | 81,542 | 12,475,926 |
Chesapeake Energy Corp. | 35,006 | 2,894,296 |
Chevron Corp. | 583,213 | 98,318,048 |
Chord Energy Corp. | 13,550 | 1,928,572 |
Civitas Resources, Inc. | 16,937 | 1,169,500 |
Comstock Resources, Inc. | 29,735 | 341,953 |
ConocoPhillips | 400,949 | 41,253,643 |
Coterra Energy, Inc. | 259,414 | 6,640,998 |
Denbury, Inc. * | 16,235 | 1,516,024 |
Devon Energy Corp. | 214,405 | 11,455,659 |
Diamondback Energy, Inc. | 60,325 | 8,578,215 |
DTE Midstream LLC * | 31,576 | 1,555,750 |
EOG Resources, Inc. | 192,659 | 23,016,971 |
EQT Corp. | 120,358 | 4,193,273 |
Exxon Mobil Corp. | 1,350,042 | 159,763,970 |
Halliburton Co. | 295,780 | 9,686,795 |
Helmerich & Payne, Inc. | 34,416 | 1,141,235 |
Hess Corp. | 91,057 | 13,208,728 |
HF Sinclair Corp. | 43,880 | 1,935,547 |
Kinder Morgan, Inc. | 649,023 | 11,130,744 |
Magnolia Oil & Gas Corp., Class A | 54,893 | 1,159,340 |
Marathon Oil Corp. | 207,749 | 5,019,216 |
Marathon Petroleum Corp. | 148,735 | 18,145,670 |
Matador Resources Co. | 36,679 | 1,798,371 |
Murphy Oil Corp. | 47,728 | 1,752,095 |
New Fortress Energy, Inc. | 15,611 | 472,857 |
NOV, Inc. | 128,461 | 2,151,722 |
Occidental Petroleum Corp. | 238,444 | 14,671,459 |
ONEOK, Inc. | 146,681 | 9,594,404 |
Ovintiv, Inc. | 80,419 | 2,901,518 |
PBF Energy, Inc., Class A | 37,285 | 1,299,755 |
PDC Energy, Inc. | 30,122 | 1,959,436 |
Phillips 66 | 152,672 | 15,114,528 |
Pioneer Natural Resources Co. | 77,922 | 16,951,931 |
Range Resources Corp. | 78,667 | 2,080,742 |
Schlumberger Ltd. | 465,722 | 22,983,381 |
SM Energy Co. | 40,061 | 1,124,913 |
Southwestern Energy Co. * | 359,892 | 1,867,840 |
Targa Resources Corp. | 74,187 | 5,603,344 |
Texas Pacific Land Corp. | 2,022 | 2,987,808 |
The Williams Cos., Inc. | 399,509 | 12,089,142 |
Valero Energy Corp. | 126,457 | 14,500,824 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Vitesse Energy, Inc. | 7,146 | 131,486 |
585,949,707 | ||
Equity Real Estate Investment Trusts (REITs) 2.8% | ||
Agree Realty Corp. | 29,069 | 1,976,401 |
Alexandria Real Estate Equities, Inc. | 51,632 | 6,411,662 |
American Homes 4 Rent, Class A | 100,689 | 3,348,916 |
American Tower Corp. | 152,635 | 31,197,068 |
Americold Realty Trust, Inc. | 87,962 | 2,602,796 |
Apartment Income REIT Corp. | 48,612 | 1,797,672 |
AvalonBay Communities, Inc. | 45,934 | 8,285,116 |
Boston Properties, Inc. | 46,543 | 2,483,534 |
Brixmor Property Group, Inc. | 98,553 | 2,102,136 |
Camden Property Trust | 36,082 | 3,970,824 |
Crown Castle, Inc. | 141,939 | 17,471,272 |
CubeSmart | 73,307 | 3,334,735 |
Digital Realty Trust, Inc. | 94,270 | 9,346,871 |
EastGroup Properties, Inc. | 14,218 | 2,368,150 |
Equinix, Inc. | 30,336 | 21,965,691 |
Equity LifeStyle Properties, Inc. | 57,652 | 3,972,223 |
Equity Residential | 111,636 | 7,060,977 |
Essex Property Trust, Inc. | 21,201 | 4,658,496 |
Extra Space Storage, Inc. | 44,005 | 6,690,520 |
Federal Realty Investment Trust | 23,936 | 2,367,031 |
First Industrial Realty Trust, Inc. | 43,720 | 2,293,988 |
Gaming & Leisure Properties, Inc. | 83,794 | 4,357,288 |
Healthcare Realty Trust, Inc. | 124,441 | 2,461,443 |
Healthpeak Properties, Inc. | 179,198 | 3,936,980 |
Host Hotels & Resorts, Inc. | 233,537 | 3,776,293 |
Independence Realty Trust, Inc. | 74,548 | 1,241,224 |
Invitation Homes, Inc. | 190,938 | 6,371,601 |
Iron Mountain, Inc. | 95,614 | 5,281,717 |
Kilroy Realty Corp. | 34,076 | 996,382 |
Kimco Realty Corp. | 202,431 | 3,884,651 |
Kite Realty Group Trust | 71,343 | 1,478,227 |
Lamar Advertising Co., Class A | 28,487 | 3,010,506 |
Life Storage, Inc. | 27,888 | 3,747,589 |
Medical Properties Trust, Inc. | 194,930 | 1,709,536 |
Mid-America Apartment Communities, Inc. | 37,937 | 5,834,711 |
National Retail Properties, Inc. | 59,488 | 2,587,728 |
National Storage Affiliates Trust | 27,808 | 1,071,998 |
Omega Healthcare Investors, Inc. | 76,852 | 2,056,560 |
Prologis, Inc. | 302,572 | 37,897,143 |
Public Storage | 51,815 | 15,276,616 |
Rayonier, Inc. | 48,096 | 1,508,291 |
Realty Income Corp. | 205,584 | 12,918,899 |
Regency Centers Corp. | 50,290 | 3,089,315 |
Rexford Industrial Realty, Inc. | 61,975 | 3,456,346 |
Ryman Hospitality Properties, Inc. | 17,993 | 1,613,252 |
SBA Communications Corp. | 35,399 | 9,235,245 |
Simon Property Group, Inc. | 107,188 | 12,146,544 |
Spirit Realty Capital, Inc. | 45,809 | 1,761,814 |
STAG Industrial, Inc. | 58,921 | 1,995,654 |
Sun Communities, Inc. | 40,631 | 5,644,865 |
Terreno Realty Corp. | 24,145 | 1,487,091 |
UDR, Inc. | 101,362 | 4,189,291 |
Ventas, Inc. | 131,187 | 6,303,535 |
VICI Properties, Inc. | 329,067 | 11,168,534 |
Vornado Realty Trust | 53,164 | 797,992 |
Welltower, Inc. | 154,924 | 12,273,079 |
Weyerhaeuser Co. | 240,281 | 7,186,805 |
WP Carey, Inc. | 69,070 | 5,124,994 |
354,585,818 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Financial Services 7.9% | ||
Affiliated Managers Group, Inc. | 12,452 | 1,797,820 |
Affirm Holdings, Inc. * | 70,808 | 698,167 |
AGNC Investment Corp. | 187,763 | 1,860,731 |
Ally Financial, Inc. | 99,021 | 2,612,174 |
American Express Co. | 195,010 | 31,462,913 |
Ameriprise Financial, Inc. | 34,500 | 10,526,640 |
Annaly Capital Management, Inc. | 152,678 | 3,050,506 |
Apollo Global Management, Inc. | 142,694 | 9,045,373 |
Ares Management Corp., Class A | 51,138 | 4,479,177 |
Berkshire Hathaway, Inc., Class B * | 590,596 | 194,040,316 |
BlackRock, Inc. | 49,099 | 32,955,249 |
Blackstone Mortgage Trust, Inc., Class A | 57,444 | 1,047,779 |
Blackstone, Inc. | 232,846 | 20,800,133 |
Block, Inc. * | 176,161 | 10,708,827 |
Blue Owl Capital, Inc. | 115,851 | 1,304,482 |
Capital One Financial Corp. | 125,142 | 12,176,317 |
Cboe Global Markets, Inc. | 34,922 | 4,878,603 |
CME Group, Inc. | 117,926 | 21,907,113 |
Coinbase Global, Inc., Class A *(a) | 52,288 | 2,812,571 |
Credit Acceptance Corp. * | 1,984 | 971,168 |
Discover Financial Services | 87,462 | 9,049,693 |
Equitable Holdings, Inc. | 113,522 | 2,950,437 |
Essent Group Ltd. | 35,034 | 1,487,894 |
Euronet Worldwide, Inc. * | 15,367 | 1,701,742 |
FactSet Research Systems, Inc. | 12,548 | 5,165,886 |
Fidelity National Information Services, Inc. | 194,573 | 11,425,327 |
Fiserv, Inc. * | 208,183 | 25,423,308 |
FleetCor Technologies, Inc. * | 24,193 | 5,175,367 |
Franklin Resources, Inc. | 93,409 | 2,510,834 |
Global Payments, Inc. | 86,222 | 9,718,082 |
Interactive Brokers Group, Inc., Class A | 33,618 | 2,617,161 |
Intercontinental Exchange, Inc. | 183,201 | 19,956,085 |
Invesco Ltd. | 148,981 | 2,552,045 |
Jack Henry & Associates, Inc. | 23,877 | 3,900,069 |
Jefferies Financial Group, Inc. | 59,093 | 1,892,749 |
KKR & Co., Inc. | 189,199 | 10,040,791 |
LPL Financial Holdings, Inc. | 26,075 | 5,445,503 |
MarketAxess Holdings, Inc. | 12,378 | 3,940,784 |
Mastercard, Inc., Class A | 276,577 | 105,107,557 |
MGIC Investment Corp. | 96,661 | 1,437,349 |
Moody's Corp. | 51,666 | 16,177,658 |
Morgan Stanley | 427,956 | 38,503,201 |
Morningstar, Inc. | 8,194 | 1,461,072 |
MSCI, Inc. | 26,222 | 12,650,804 |
Nasdaq, Inc. | 110,902 | 6,140,644 |
Northern Trust Corp. | 68,382 | 5,344,737 |
OneMain Holdings, Inc. | 40,268 | 1,545,083 |
PayPal Holdings, Inc. * | 370,862 | 28,185,512 |
Raymond James Financial, Inc. | 63,570 | 5,754,992 |
Rithm Capital Corp. | 155,711 | 1,270,602 |
Robinhood Markets, Inc., Class A * | 168,299 | 1,489,446 |
S&P Global, Inc. | 107,841 | 39,100,990 |
SEI Investments Co. | 33,605 | 1,979,671 |
SoFi Technologies, Inc. * | 271,457 | 1,691,177 |
Starwood Property Trust, Inc. | 100,867 | 1,804,511 |
State Street Corp. | 114,351 | 8,263,003 |
Stifel Financial Corp. | 34,351 | 2,060,029 |
Synchrony Financial | 143,236 | 4,226,894 |
T. Rowe Price Group, Inc. | 73,556 | 8,262,545 |
The Bank of New York Mellon Corp. | 241,278 | 10,276,030 |
The Carlyle Group, Inc. | 71,934 | 2,181,758 |
The Charles Schwab Corp. (c) | 497,047 | 25,965,735 |
The Goldman Sachs Group, Inc. | 111,029 | 38,131,800 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
The Western Union Co. | 122,473 | 1,338,630 |
Toast, Inc., Class A * | 101,757 | 1,851,977 |
Tradeweb Markets, Inc., Class A | 36,338 | 2,558,559 |
Visa, Inc., Class A | 532,661 | 123,966,195 |
Voya Financial, Inc. | 31,957 | 2,444,071 |
WEX, Inc. * | 14,320 | 2,539,652 |
997,801,700 | ||
Food, Beverage & Tobacco 3.5% | ||
Altria Group, Inc. | 584,941 | 27,790,547 |
Archer-Daniels-Midland Co. | 179,500 | 14,015,360 |
Brown-Forman Corp., Class B | 59,695 | 3,885,548 |
Bunge Ltd. | 49,012 | 4,587,523 |
Campbell Soup Co. | 65,935 | 3,580,271 |
Celsius Holdings, Inc. * | 13,270 | 1,268,214 |
Conagra Brands, Inc. | 156,013 | 5,922,253 |
Constellation Brands, Inc., Class A | 53,233 | 12,215,377 |
Darling Ingredients, Inc. * | 52,371 | 3,119,740 |
Flowers Foods, Inc. | 62,916 | 1,730,819 |
General Mills, Inc. | 193,201 | 17,123,405 |
Hormel Foods Corp. | 94,751 | 3,831,730 |
Ingredion, Inc. | 21,414 | 2,273,524 |
Kellogg Co. | 83,971 | 5,858,657 |
Keurig Dr Pepper, Inc. | 278,982 | 9,122,711 |
Lamb Weston Holdings, Inc. | 47,276 | 5,285,930 |
Lancaster Colony Corp. | 6,463 | 1,351,543 |
McCormick & Co., Inc. - Non Voting Shares | 81,984 | 7,202,294 |
Molson Coors Beverage Co., Class B | 61,580 | 3,662,778 |
Mondelez International, Inc., Class A | 446,943 | 34,289,467 |
Monster Beverage Corp. * | 249,780 | 13,987,680 |
National Beverage Corp. * | 7,583 | 376,875 |
PepsiCo, Inc. | 451,471 | 86,181,299 |
Philip Morris International, Inc. | 508,280 | 50,812,752 |
Pilgrim's Pride Corp. * | 14,613 | 333,323 |
Post Holdings, Inc. * | 17,763 | 1,607,374 |
Seaboard Corp. | 83 | 327,109 |
The Coca-Cola Co. | 1,275,821 | 81,843,917 |
The Hershey Co. | 48,191 | 13,159,034 |
The JM Smucker Co. | 35,041 | 5,410,681 |
The Kraft Heinz Co. | 261,363 | 10,263,725 |
Tyson Foods, Inc., Class A | 93,668 | 5,853,313 |
438,274,773 | ||
Health Care Equipment & Services 6.0% | ||
Abbott Laboratories | 571,546 | 63,138,687 |
Acadia Healthcare Co., Inc. * | 29,743 | 2,150,121 |
agilon health, Inc. * | 64,395 | 1,562,867 |
Align Technology, Inc. * | 23,766 | 7,731,080 |
AmerisourceBergen Corp. | 53,197 | 8,875,919 |
AMN Healthcare Services, Inc. * | 14,076 | 1,215,463 |
Baxter International, Inc. | 165,431 | 7,887,750 |
Becton, Dickinson & Co. | 93,069 | 24,599,067 |
Boston Scientific Corp. * | 469,520 | 24,471,382 |
Cardinal Health, Inc. | 84,434 | 6,932,031 |
Centene Corp. * | 180,629 | 12,450,757 |
Chemed Corp. | 4,872 | 2,685,690 |
Cigna Corp. | 97,951 | 24,810,009 |
CVS Health Corp. | 421,020 | 30,864,976 |
DaVita, Inc. * | 17,879 | 1,615,546 |
Dentsply Sirona, Inc. | 70,094 | 2,939,041 |
DexCom, Inc. * | 126,671 | 15,370,259 |
Edwards Lifesciences Corp. * | 202,665 | 17,830,467 |
Elevance Health, Inc. | 78,308 | 36,699,044 |
Encompass Health Corp. | 32,517 | 2,085,966 |
Envista Holdings Corp. * | 54,024 | 2,079,384 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
GE Healthcare, Inc. * | 119,177 | 9,693,857 |
Globus Medical, Inc., Class A * | 25,854 | 1,503,152 |
Guardant Health, Inc. * | 33,387 | 753,211 |
HCA Healthcare, Inc. | 69,532 | 19,978,630 |
HealthEquity, Inc. * | 27,615 | 1,476,022 |
Henry Schein, Inc. * | 44,497 | 3,595,803 |
Hologic, Inc. * | 80,778 | 6,947,716 |
Humana, Inc. | 40,984 | 21,741,602 |
IDEXX Laboratories, Inc. * | 27,152 | 13,363,128 |
Inspire Medical Systems, Inc. * | 9,574 | 2,562,290 |
Insulet Corp. * | 22,742 | 7,232,866 |
Intuitive Surgical, Inc. * | 114,852 | 34,595,719 |
iRhythm Technologies, Inc. * | 9,810 | 1,289,034 |
Laboratory Corp. of America Holdings | 29,024 | 6,580,031 |
Lantheus Holdings, Inc. * | 22,460 | 1,919,207 |
Masimo Corp. * | 15,943 | 3,015,459 |
McKesson Corp. | 44,864 | 16,341,263 |
Medtronic plc | 436,040 | 39,657,838 |
Molina Healthcare, Inc. * | 19,209 | 5,722,169 |
Novocure Ltd. * | 29,347 | 1,933,967 |
Oak Street Health, Inc. * | 37,805 | 1,473,261 |
Omnicell, Inc. * | 14,509 | 881,712 |
Option Care Health, Inc. * | 54,688 | 1,758,219 |
Penumbra, Inc. * | 12,484 | 3,546,954 |
Premier, Inc., Class A | 39,589 | 1,319,501 |
Privia Health Group, Inc. * | 16,001 | 442,108 |
Quest Diagnostics, Inc. | 36,402 | 5,052,962 |
QuidelOrtho Corp. * | 17,421 | 1,567,019 |
R1 RCM, Inc. * | 44,028 | 686,397 |
ResMed, Inc. | 48,162 | 11,605,115 |
Shockwave Medical, Inc. * | 11,921 | 3,458,997 |
STAAR Surgical Co. * | 15,532 | 1,094,540 |
STERIS plc | 32,483 | 6,124,670 |
Stryker Corp. | 110,524 | 33,118,517 |
Teladoc Health, Inc. * | 53,417 | 1,417,153 |
Teleflex, Inc. | 15,346 | 4,182,092 |
Tenet Healthcare Corp. * | 35,279 | 2,586,656 |
The Cooper Cos., Inc. | 16,183 | 6,173,005 |
The Ensign Group, Inc. | 18,467 | 1,792,961 |
UnitedHealth Group, Inc. | 306,301 | 150,727,659 |
Universal Health Services, Inc., Class B | 20,945 | 3,149,081 |
Veeva Systems, Inc., Class A * | 46,219 | 8,276,898 |
Zimmer Biomet Holdings, Inc. | 68,888 | 9,536,855 |
757,870,802 | ||
Household & Personal Products 1.5% | ||
Church & Dwight Co., Inc. | 79,931 | 7,762,899 |
Colgate-Palmolive Co. | 273,848 | 21,853,070 |
Coty, Inc., Class A * | 119,241 | 1,415,391 |
Kimberly-Clark Corp. | 110,684 | 16,037,005 |
Olaplex Holdings, Inc. * | 27,559 | 101,968 |
Reynolds Consumer Products, Inc. | 17,599 | 493,300 |
The Clorox Co. | 40,502 | 6,707,941 |
The Estee Lauder Cos., Inc., Class A | 75,965 | 18,742,085 |
The Procter & Gamble Co. | 773,254 | 120,921,460 |
194,035,119 | ||
Insurance 2.3% | ||
Aflac, Inc. | 183,305 | 12,803,854 |
American Financial Group, Inc. | 22,830 | 2,801,926 |
American International Group, Inc. | 243,645 | 12,922,931 |
Aon plc, Class A | 67,268 | 21,874,208 |
Arch Capital Group Ltd. * | 121,356 | 9,110,195 |
Arthur J. Gallagher & Co. | 69,536 | 14,467,660 |
Assurant, Inc. | 17,377 | 2,139,630 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Axis Capital Holdings Ltd. | 25,175 | 1,423,395 |
Brown & Brown, Inc. | 77,191 | 4,970,329 |
Chubb Ltd. | 136,083 | 27,428,889 |
Cincinnati Financial Corp. | 51,449 | 5,476,232 |
CNA Financial Corp. | 8,710 | 338,906 |
Erie Indemnity Co., Class A | 8,271 | 1,797,536 |
Everest Re Group Ltd. | 12,828 | 4,848,984 |
F&G Annuities & Life, Inc. | 6,134 | 112,436 |
Fidelity National Financial, Inc. | 89,665 | 3,182,211 |
First American Financial Corp. | 33,953 | 1,956,032 |
Globe Life, Inc. | 29,671 | 3,219,897 |
Kinsale Capital Group, Inc. | 7,167 | 2,341,531 |
Lincoln National Corp. | 50,488 | 1,097,104 |
Loews Corp. | 63,751 | 3,670,145 |
Markel Corp. * | 4,402 | 6,024,269 |
Marsh & McLennan Cos., Inc. | 162,341 | 29,252,225 |
MetLife, Inc. | 216,072 | 13,251,696 |
Old Republic International Corp. | 90,426 | 2,285,065 |
Primerica, Inc. | 12,125 | 2,212,934 |
Principal Financial Group, Inc. | 74,548 | 5,567,990 |
Prudential Financial, Inc. | 120,662 | 10,497,594 |
Reinsurance Group of America, Inc. | 21,883 | 3,114,389 |
RenaissanceRe Holdings Ltd. | 14,352 | 3,091,564 |
RLI Corp. | 13,205 | 1,836,155 |
Ryan Specialty Holdings, Inc., Class A * | 27,067 | 1,105,958 |
Selective Insurance Group, Inc. | 19,704 | 1,898,086 |
The Allstate Corp. | 86,158 | 9,973,650 |
The Hanover Insurance Group, Inc. | 11,628 | 1,390,244 |
The Hartford Financial Services Group, Inc. | 103,179 | 7,324,677 |
The Progressive Corp. | 191,753 | 26,155,109 |
The Travelers Cos., Inc. | 75,688 | 13,710,124 |
Unum Group | 61,506 | 2,595,553 |
W.R. Berkley Corp. | 66,741 | 3,932,380 |
Willis Towers Watson plc | 34,960 | 8,096,736 |
291,300,429 | ||
Materials 2.7% | ||
Air Products & Chemicals, Inc. | 72,807 | 21,431,469 |
Albemarle Corp. | 38,445 | 7,130,010 |
Alcoa Corp. | 58,364 | 2,167,639 |
Amcor plc | 488,799 | 5,362,125 |
AptarGroup, Inc. | 21,292 | 2,523,315 |
Ashland, Inc. | 16,576 | 1,684,287 |
Avery Dennison Corp. | 26,488 | 4,621,626 |
Axalta Coating Systems Ltd. * | 71,862 | 2,268,683 |
Balchem Corp. | 10,470 | 1,375,758 |
Ball Corp. | 102,871 | 5,470,680 |
Berry Global Group, Inc. | 39,968 | 2,310,550 |
Celanese Corp. | 32,644 | 3,468,099 |
CF Industries Holdings, Inc. | 64,149 | 4,591,785 |
Cleveland-Cliffs, Inc. * | 169,109 | 2,600,896 |
Commercial Metals Co. | 38,241 | 1,785,472 |
Corteva, Inc. | 233,961 | 14,299,696 |
Crown Holdings, Inc. | 39,283 | 3,369,696 |
Dow, Inc. | 231,112 | 12,572,493 |
DuPont de Nemours, Inc. | 150,109 | 10,465,600 |
Eagle Materials, Inc. | 11,806 | 1,749,767 |
Eastman Chemical Co. | 38,926 | 3,280,294 |
Ecolab, Inc. | 81,316 | 13,648,078 |
Element Solutions, Inc. | 74,082 | 1,344,588 |
FMC Corp. | 41,191 | 5,090,384 |
Freeport-McMoRan, Inc. | 468,709 | 17,768,758 |
Graphic Packaging Holding Co. | 100,515 | 2,478,700 |
Huntsman Corp. | 58,783 | 1,574,797 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
International Flavors & Fragrances, Inc. | 83,694 | 8,114,970 |
International Paper Co. | 116,535 | 3,858,474 |
Linde plc | 161,423 | 59,637,727 |
Livent Corp. * | 58,549 | 1,279,296 |
LyondellBasell Industries N.V., Class A | 83,294 | 7,880,445 |
Martin Marietta Materials, Inc. | 20,425 | 7,418,360 |
MP Materials Corp. * | 30,162 | 653,611 |
Newmont Corp. | 260,266 | 12,336,608 |
Nucor Corp. | 82,869 | 12,279,528 |
Olin Corp. | 40,373 | 2,236,664 |
Packaging Corp. of America | 30,429 | 4,115,827 |
PPG Industries, Inc. | 77,065 | 10,809,137 |
Reliance Steel & Aluminum Co. | 19,188 | 4,754,786 |
Royal Gold, Inc. | 21,480 | 2,844,811 |
RPM International, Inc. | 42,304 | 3,470,197 |
Sealed Air Corp. | 47,159 | 2,263,160 |
Silgan Holdings, Inc. | 27,344 | 1,346,965 |
Sonoco Products Co. | 32,329 | 1,959,784 |
Steel Dynamics, Inc. | 54,615 | 5,677,229 |
The Chemours Co. | 48,910 | 1,421,814 |
The Mosaic Co. | 111,538 | 4,779,403 |
The Sherwin-Williams Co. | 77,309 | 18,363,980 |
United States Steel Corp. | 74,258 | 1,699,023 |
Vulcan Materials Co. | 43,654 | 7,644,689 |
Westlake Corp. | 11,307 | 1,286,511 |
Westrock Co. | 83,492 | 2,498,916 |
347,067,160 | ||
Media & Entertainment 6.9% | ||
Activision Blizzard, Inc. * | 233,437 | 18,140,389 |
Alphabet, Inc., Class A * | 1,952,497 | 209,581,028 |
Alphabet, Inc., Class C * | 1,701,864 | 184,175,722 |
AMC Entertainment Holdings, Inc., Class A (a) | 170,145 | 935,798 |
Cable One, Inc. | 1,583 | 1,200,563 |
Charter Communications, Inc., Class A * | 34,504 | 12,721,625 |
Comcast Corp., Class A | 1,378,936 | 57,046,582 |
DISH Network Corp., Class A * | 82,957 | 623,007 |
Electronic Arts, Inc. | 85,281 | 10,854,566 |
Endeavor Group Holdings, Inc., Class A * | 57,580 | 1,484,412 |
Fox Corp., Class A | 96,913 | 3,223,326 |
Fox Corp., Class B | 45,671 | 1,394,792 |
Getty Images Holdings, Inc. *(a) | 9,491 | 61,027 |
IAC, Inc. * | 25,564 | 1,323,448 |
Liberty Broadband Corp., Class C * | 39,159 | 3,319,900 |
Liberty Media Corp. - Liberty Formula One, Class C * | 67,998 | 4,908,776 |
Liberty Media Corp. - Liberty SiriusXM, Class C * | 50,078 | 1,399,179 |
Live Nation Entertainment, Inc. * | 46,979 | 3,184,237 |
Match Group, Inc. * | 92,068 | 3,397,309 |
Meta Platforms, Inc., Class A * | 729,608 | 175,339,395 |
Netflix, Inc. * | 145,985 | 48,164,831 |
News Corp., Class A | 125,701 | 2,213,595 |
Nexstar Media Group, Inc., Class A | 12,355 | 2,142,975 |
Omnicom Group, Inc. | 66,312 | 6,005,878 |
Paramount Global, Class B | 164,988 | 3,849,170 |
Pinterest, Inc., Class A * | 194,883 | 4,482,309 |
Playtika Holding Corp. * | 29,626 | 296,260 |
ROBLOX Corp., Class A * | 118,784 | 4,228,710 |
Roku, Inc. * | 40,107 | 2,254,414 |
Sirius XM Holdings, Inc. (a) | 230,207 | 874,787 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Snap, Inc., Class A * | 321,896 | 2,803,714 |
Take-Two Interactive Software, Inc. * | 51,973 | 6,459,724 |
TEGNA, Inc. | 73,064 | 1,249,394 |
The Interpublic Group of Cos., Inc. | 127,538 | 4,556,933 |
The New York Times Co., Class A | 53,949 | 2,144,473 |
The Trade Desk, Inc., Class A * | 145,697 | 9,374,145 |
The Walt Disney Co. * | 598,809 | 61,377,923 |
Warner Bros Discovery, Inc. * | 724,692 | 9,863,058 |
ZoomInfo Technologies, Inc. * | 88,312 | 1,934,916 |
868,592,290 | ||
Pharmaceuticals, Biotechnology & Life Sciences 8.1% | ||
AbbVie, Inc. | 579,731 | 87,608,949 |
Agilent Technologies, Inc. | 97,035 | 13,141,450 |
Alnylam Pharmaceuticals, Inc. * | 40,422 | 8,052,062 |
Amgen, Inc. | 175,064 | 41,969,843 |
Apellis Pharmaceuticals, Inc. * | 30,881 | 2,576,402 |
Arrowhead Pharmaceuticals, Inc. * | 35,673 | 1,263,181 |
Avantor, Inc. * | 220,214 | 4,289,769 |
Biogen, Inc. * | 47,224 | 14,366,957 |
Biohaven Ltd. * | 21,168 | 276,877 |
BioMarin Pharmaceutical, Inc. * | 61,089 | 5,866,988 |
Bio-Rad Laboratories, Inc., Class A * | 7,074 | 3,188,888 |
Bio-Techne Corp. | 51,444 | 4,109,347 |
Blueprint Medicines Corp. * | 19,591 | 1,000,121 |
Bristol-Myers Squibb Co. | 696,999 | 46,538,623 |
Bruker Corp. | 32,762 | 2,592,457 |
Catalent, Inc. * | 59,045 | 2,959,335 |
Cerevel Therapeutics Holdings, Inc. * | 20,827 | 604,816 |
Charles River Laboratories International, Inc. * | 16,680 | 3,171,202 |
CRISPR Therapeutics AG * | 25,451 | 1,245,572 |
Cytokinetics, Inc. * | 30,754 | 1,150,200 |
Danaher Corp. | 214,890 | 50,909,590 |
Elanco Animal Health, Inc. * | 145,398 | 1,376,919 |
Eli Lilly & Co. | 258,529 | 102,341,290 |
Exact Sciences Corp. * | 58,421 | 3,743,033 |
Exelixis, Inc. * | 105,582 | 1,932,151 |
Gilead Sciences, Inc. | 408,828 | 33,609,750 |
Halozyme Therapeutics, Inc. * | 44,145 | 1,418,379 |
Horizon Therapeutics plc * | 74,189 | 8,246,849 |
Illumina, Inc. * | 51,566 | 10,599,907 |
Incyte Corp. * | 60,849 | 4,527,774 |
Intellia Therapeutics, Inc. * | 27,044 | 1,020,911 |
Intra-Cellular Therapies, Inc. * | 28,684 | 1,782,711 |
Ionis Pharmaceuticals, Inc. * | 46,331 | 1,638,727 |
IQVIA Holdings, Inc. * | 60,900 | 11,463,207 |
Jazz Pharmaceuticals plc * | 20,757 | 2,915,736 |
Johnson & Johnson | 857,030 | 140,295,811 |
Karuna Therapeutics, Inc. * | 9,782 | 1,941,140 |
Medpace Holdings, Inc. * | 8,180 | 1,637,145 |
Merck & Co., Inc. | 831,163 | 95,974,392 |
Mettler-Toledo International, Inc. * | 7,245 | 10,805,917 |
Mirati Therapeutics, Inc. * | 17,059 | 755,884 |
Moderna, Inc. * | 108,312 | 14,393,582 |
Natera, Inc. * | 35,386 | 1,794,778 |
Neurocrine Biosciences, Inc. * | 31,743 | 3,207,313 |
Organon & Co. | 82,922 | 2,042,369 |
PerkinElmer, Inc. | 41,513 | 5,417,031 |
Perrigo Co., plc | 43,910 | 1,633,013 |
Pfizer, Inc. | 1,840,100 | 71,561,489 |
Regeneron Pharmaceuticals, Inc. * | 35,244 | 28,258,287 |
Repligen Corp. * | 16,872 | 2,558,301 |
Royalty Pharma plc, Class A | 121,493 | 4,270,479 |
Sarepta Therapeutics, Inc. * | 28,667 | 3,519,448 |
Seagen, Inc. * | 44,953 | 8,990,600 |
Sotera Health Co. * | 31,432 | 527,115 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Syneos Health, Inc. * | 33,620 | 1,319,921 |
Thermo Fisher Scientific, Inc. | 128,573 | 71,345,158 |
United Therapeutics Corp. * | 15,032 | 3,459,314 |
Vertex Pharmaceuticals, Inc. * | 84,286 | 28,718,769 |
Viatris, Inc. | 397,447 | 3,708,180 |
Waters Corp. * | 19,495 | 5,855,518 |
West Pharmaceutical Services, Inc. | 24,277 | 8,769,823 |
Zoetis, Inc. | 152,793 | 26,857,954 |
1,033,118,704 | ||
Real Estate Management & Development 0.1% | ||
CBRE Group, Inc., Class A * | 103,646 | 7,945,502 |
Jones Lang LaSalle, Inc. * | 15,514 | 2,157,067 |
Zillow Group, Inc., Class C * | 53,339 | 2,322,380 |
12,424,949 | ||
Semiconductors & Semiconductor Equipment 5.7% | ||
Advanced Micro Devices, Inc. * | 528,546 | 47,236,156 |
Allegro MicroSystems, Inc. * | 21,615 | 773,169 |
Amkor Technology, Inc. | 32,505 | 727,137 |
Analog Devices, Inc. | 166,003 | 29,860,620 |
Applied Materials, Inc. | 276,146 | 31,212,782 |
Broadcom, Inc. | 136,990 | 85,824,235 |
Cirrus Logic, Inc. * | 18,244 | 1,565,153 |
Enphase Energy, Inc. * | 44,479 | 7,303,452 |
Entegris, Inc. | 49,118 | 3,679,921 |
First Solar, Inc. * | 32,492 | 5,932,389 |
GLOBALFOUNDRIES, Inc. *(a) | 23,469 | 1,379,977 |
Intel Corp. | 1,356,191 | 42,123,292 |
KLA Corp. | 45,350 | 17,529,589 |
Lam Research Corp. | 44,198 | 23,163,288 |
Lattice Semiconductor Corp. * | 44,991 | 3,585,783 |
Marvell Technology, Inc. | 279,737 | 11,044,017 |
Microchip Technology, Inc. | 179,295 | 13,086,742 |
Micron Technology, Inc. | 357,743 | 23,024,339 |
MKS Instruments, Inc. | 18,751 | 1,572,646 |
Monolithic Power Systems, Inc. | 14,676 | 6,779,872 |
NVIDIA Corp. | 806,399 | 223,767,658 |
NXP Semiconductors N.V. | 84,989 | 13,916,099 |
ON Semiconductor Corp. * | 141,660 | 10,193,854 |
Qorvo, Inc. * | 32,751 | 3,015,712 |
QUALCOMM, Inc. | 365,529 | 42,693,787 |
Skyworks Solutions, Inc. | 52,074 | 5,514,637 |
SolarEdge Technologies, Inc. * | 18,339 | 5,238,169 |
Synaptics, Inc. * | 13,074 | 1,157,833 |
Teradyne, Inc. | 51,002 | 4,660,563 |
Texas Instruments, Inc. | 297,091 | 49,673,615 |
Universal Display Corp. | 14,283 | 1,906,209 |
Wolfspeed, Inc. * | 40,813 | 1,899,845 |
721,042,540 | ||
Software & Services 11.0% | ||
Accenture plc, Class A | 206,429 | 57,859,984 |
Adobe, Inc. * | 150,061 | 56,657,031 |
Akamai Technologies, Inc. * | 51,731 | 4,240,390 |
Amdocs Ltd. | 39,487 | 3,603,189 |
ANSYS, Inc. * | 28,571 | 8,969,008 |
AppLovin Corp., Class A * | 39,967 | 679,439 |
Aspen Technology, Inc. * | 9,520 | 1,685,040 |
Autodesk, Inc. * | 70,727 | 13,776,912 |
Bentley Systems, Inc., Class B | 64,123 | 2,729,075 |
Bill.com Holdings, Inc. * | 31,502 | 2,419,669 |
Black Knight, Inc. * | 50,908 | 2,781,613 |
Cadence Design Systems, Inc. * | 89,918 | 18,833,325 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
CCC Intelligent Solutions Holdings, Inc. * | 34,008 | 295,189 |
Cloudflare, Inc., Class A * | 93,935 | 4,419,642 |
Cognizant Technology Solutions Corp., Class A | 167,011 | 9,972,227 |
Crowdstrike Holdings, Inc., Class A * | 71,542 | 8,588,617 |
Datadog, Inc., Class A * | 81,240 | 5,473,951 |
DocuSign, Inc. * | 66,010 | 3,263,534 |
Dolby Laboratories, Inc., Class A | 19,628 | 1,642,667 |
DoubleVerify Holdings, Inc. * | 28,645 | 842,736 |
Dropbox, Inc., Class A * | 88,515 | 1,800,395 |
DXC Technology Co. * | 75,061 | 1,790,205 |
Dynatrace, Inc. * | 71,321 | 3,015,452 |
Elastic N.V. * | 25,696 | 1,471,096 |
EPAM Systems, Inc. * | 18,793 | 5,307,895 |
Fair Isaac Corp. * | 8,249 | 6,004,860 |
Five9, Inc. * | 22,880 | 1,483,539 |
Fortinet, Inc. * | 212,548 | 13,401,151 |
Gartner, Inc. * | 25,862 | 7,822,221 |
Gen Digital, Inc. | 186,508 | 3,295,596 |
GoDaddy, Inc., Class A * | 50,797 | 3,844,317 |
Guidewire Software, Inc. * | 26,940 | 2,052,559 |
HubSpot, Inc. * | 15,962 | 6,719,204 |
Informatica, Inc., Class A * | 12,317 | 190,421 |
International Business Machines Corp. | 296,378 | 37,465,143 |
Intuit, Inc. | 92,056 | 40,868,261 |
Manhattan Associates, Inc. * | 20,485 | 3,393,955 |
Microsoft Corp. | 2,440,086 | 749,740,824 |
MongoDB, Inc. * | 22,712 | 5,449,972 |
NCR Corp. * | 44,759 | 997,678 |
Nutanix, Inc., Class A * | 74,972 | 1,797,829 |
Okta, Inc. * | 50,233 | 3,442,467 |
Oracle Corp. | 503,784 | 47,718,420 |
Palantir Technologies, Inc., Class A * | 575,609 | 4,460,970 |
Palo Alto Networks, Inc. * | 99,113 | 18,084,158 |
Procore Technologies, Inc. * | 22,874 | 1,221,700 |
PTC, Inc. * | 34,889 | 4,388,687 |
Qualys, Inc. * | 11,402 | 1,287,742 |
Roper Technologies, Inc. | 34,758 | 15,807,243 |
Salesforce, Inc. * | 327,795 | 65,024,694 |
SentinelOne, Inc., Class A * | 71,994 | 1,156,944 |
ServiceNow, Inc. * | 66,541 | 30,570,266 |
Smartsheet, Inc., Class A * | 43,408 | 1,774,085 |
Snowflake, Inc., Class A * | 93,827 | 13,893,902 |
Splunk, Inc. * | 49,356 | 4,256,461 |
SPS Commerce, Inc. * | 11,746 | 1,730,186 |
Synopsys, Inc. * | 49,903 | 18,529,982 |
Tenable Holdings, Inc. * | 37,231 | 1,377,175 |
Twilio, Inc., Class A * | 57,264 | 3,012,659 |
Tyler Technologies, Inc. * | 13,685 | 5,187,026 |
UiPath, Inc., Class A * | 115,648 | 1,628,324 |
Unity Software, Inc. * | 80,138 | 2,161,322 |
VeriSign, Inc. * | 29,991 | 6,652,004 |
VMware, Inc., Class A * | 68,337 | 8,544,175 |
Workday, Inc., Class A * | 66,211 | 12,324,516 |
Zoom Video Communications, Inc., Class A * | 70,853 | 4,352,500 |
Zscaler, Inc. * | 27,960 | 2,519,196 |
1,387,752,615 | ||
Technology Hardware & Equipment 8.3% | ||
Amphenol Corp., Class A | 194,941 | 14,712,197 |
Apple Inc. | 4,875,263 | 827,234,626 |
Arista Networks, Inc. * | 81,229 | 13,009,637 |
Arrow Electronics, Inc. * | 19,114 | 2,187,215 |
CDW Corp. | 44,407 | 7,530,983 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Ciena Corp. * | 49,018 | 2,256,789 |
Cisco Systems, Inc. | 1,346,531 | 63,623,590 |
Cognex Corp. | 56,552 | 2,696,965 |
Coherent Corp. * | 45,185 | 1,542,616 |
Corning, Inc. | 249,684 | 8,294,502 |
Dell Technologies, Inc., Class C | 79,367 | 3,451,671 |
F5, Inc. * | 19,649 | 2,640,040 |
Hewlett Packard Enterprise Co. | 419,008 | 6,000,195 |
HP, Inc. | 283,086 | 8,410,485 |
IPG Photonics Corp. * | 10,524 | 1,210,049 |
Jabil, Inc. | 43,670 | 3,412,810 |
Juniper Networks, Inc. | 106,016 | 3,196,382 |
Keysight Technologies, Inc. * | 58,513 | 8,463,320 |
Littelfuse, Inc. | 8,104 | 1,963,113 |
Lumentum Holdings, Inc. * | 22,425 | 1,082,006 |
Motorola Solutions, Inc. | 54,806 | 15,970,468 |
National Instruments Corp. | 42,853 | 2,495,330 |
NetApp, Inc. | 70,868 | 4,456,888 |
Novanta, Inc. * | 11,729 | 1,792,660 |
Pure Storage, Inc., Class A * | 93,486 | 2,134,285 |
Rogers Corp. * | 6,118 | 984,692 |
Seagate Technology Holdings plc | 63,258 | 3,717,673 |
TD SYNNEX Corp. | 13,774 | 1,226,437 |
TE Connectivity Ltd. | 103,664 | 12,685,364 |
Teledyne Technologies, Inc. * | 15,329 | 6,352,338 |
Trimble, Inc. * | 81,027 | 3,816,372 |
Ubiquiti, Inc. | 1,380 | 320,919 |
Western Digital Corp. * | 104,974 | 3,615,305 |
Zebra Technologies Corp., Class A * | 16,953 | 4,882,973 |
1,047,370,895 | ||
Telecommunication Services 1.0% | ||
AT&T, Inc. | 2,337,051 | 41,295,691 |
Frontier Communications Parent, Inc. * | 72,723 | 1,639,176 |
Iridium Communications, Inc. | 41,346 | 2,624,231 |
Liberty Global plc, Class C * | 84,013 | 1,708,825 |
Lumen Technologies, Inc. | 298,170 | 706,663 |
T-Mobile US, Inc. * | 194,007 | 27,917,607 |
Verizon Communications, Inc. | 1,377,039 | 53,470,424 |
129,362,617 | ||
Transportation 1.7% | ||
Alaska Air Group, Inc. * | 41,600 | 1,807,936 |
American Airlines Group, Inc. * | 212,130 | 2,893,453 |
Avis Budget Group, Inc. * | 8,201 | 1,448,871 |
C.H. Robinson Worldwide, Inc. | 38,656 | 3,899,231 |
CSX Corp. | 689,226 | 21,117,885 |
Delta Air Lines, Inc. * | 209,843 | 7,199,713 |
Expeditors International of Washington, Inc. | 52,046 | 5,924,917 |
FedEx Corp. | 76,141 | 17,343,397 |
GXO Logistics, Inc. * | 38,675 | 2,054,803 |
Hertz Global Holdings, Inc. * | 52,882 | 882,072 |
JB Hunt Transport Services, Inc. | 27,135 | 4,756,494 |
Knight-Swift Transportation Holdings, Inc. | 52,573 | 2,960,911 |
Landstar System, Inc. | 11,759 | 2,069,937 |
Lyft, Inc., Class A * | 107,413 | 1,100,983 |
Norfolk Southern Corp. | 74,610 | 15,148,068 |
Old Dominion Freight Line, Inc. | 29,707 | 9,517,826 |
RXO, Inc. * | 37,571 | 679,659 |
Saia, Inc. * | 8,658 | 2,578,093 |
Southwest Airlines Co. | 194,343 | 5,886,649 |
Uber Technologies, Inc. * | 653,782 | 20,299,931 |
U-Haul Holding Co. | 3,231 | 197,285 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
U-Haul Holding Co. - Non Voting | 29,079 | 1,573,174 |
Union Pacific Corp. | 200,642 | 39,265,639 |
United Airlines Holdings, Inc. * | 106,874 | 4,681,081 |
United Parcel Service, Inc., Class B | 239,273 | 43,023,678 |
XPO, Inc. * | 37,571 | 1,659,887 |
219,971,573 | ||
Utilities 2.8% | ||
Alliant Energy Corp. | 82,357 | 4,541,165 |
Ameren Corp. | 84,798 | 7,544,478 |
American Electric Power Co., Inc. | 168,452 | 15,568,334 |
American Water Works Co., Inc. | 63,312 | 9,386,004 |
Atmos Energy Corp. | 46,998 | 5,364,352 |
Avangrid, Inc. | 23,070 | 928,798 |
Black Hills Corp. | 21,135 | 1,379,904 |
CenterPoint Energy, Inc. | 206,887 | 6,303,847 |
CMS Energy Corp. | 95,516 | 5,946,826 |
Consolidated Edison, Inc. | 116,360 | 11,457,969 |
Constellation Energy Corp. | 107,262 | 8,302,079 |
Dominion Energy, Inc. | 273,126 | 15,606,420 |
DTE Energy Co. | 63,400 | 7,126,794 |
Duke Energy Corp. | 252,396 | 24,956,916 |
Edison International | 125,199 | 9,214,646 |
Entergy Corp. | 66,732 | 7,179,029 |
Essential Utilities, Inc. | 78,323 | 3,344,392 |
Evergy, Inc. | 75,317 | 4,677,939 |
Eversource Energy | 114,222 | 8,864,769 |
Exelon Corp. | 325,773 | 13,825,806 |
FirstEnergy Corp. | 178,364 | 7,098,887 |
Hawaiian Electric Industries, Inc. | 35,479 | 1,391,132 |
IDACORP, Inc. | 16,635 | 1,848,481 |
National Fuel Gas Co. | 29,908 | 1,671,857 |
New Jersey Resources Corp. | 32,088 | 1,657,024 |
NextEra Energy, Inc. | 651,384 | 49,915,556 |
NiSource, Inc. | 132,847 | 3,780,826 |
NRG Energy, Inc. | 75,967 | 2,595,792 |
OGE Energy Corp. | 66,118 | 2,482,070 |
ONE Gas, Inc. | 17,650 | 1,358,167 |
Ormat Technologies, Inc. | 17,207 | 1,476,533 |
PG&E Corp. * | 526,655 | 9,011,067 |
Pinnacle West Capital Corp. | 37,006 | 2,903,491 |
PNM Resources, Inc. | 27,978 | 1,346,581 |
Portland General Electric Co. | 28,961 | 1,466,006 |
PPL Corp. | 241,008 | 6,921,750 |
Public Service Enterprise Group, Inc. | 163,594 | 10,339,141 |
Sempra Energy | 103,048 | 16,022,934 |
Southwest Gas Holdings, Inc. | 21,304 | 1,193,024 |
The AES Corp. | 218,333 | 5,165,759 |
The Southern Co. | 356,836 | 26,245,288 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
UGI Corp. | 68,361 | 2,316,071 |
Vistra Corp. | 122,525 | 2,923,446 |
WEC Energy Group, Inc. | 103,199 | 9,924,648 |
Xcel Energy, Inc. | 179,398 | 12,541,714 |
355,117,712 | ||
Total Common Stocks (Cost $3,259,524,977) | 12,609,691,343 |
SHORT-TERM INVESTMENTS 0.3% OF NET ASSETS | ||
Money Market Funds 0.3% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 4.76% (d) | 31,413,534 | 31,413,534 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 4.76% (d)(e) | 10,297,775 | 10,297,775 |
41,711,309 | ||
Total Short-Term Investments (Cost $41,711,309) | 41,711,309 | |
Total Investments in Securities (Cost $3,301,236,286) | 12,651,402,652 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
S&P 500 Index, e-mini, expires 06/16/23 | 207 | 43,350,975 | 1,869,262 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $9,986,517. |
(b) | First Republic Bank was placed into receivership with the Federal Deposit Insurance Corp. due to inadequate liquidity and insolvency on May 1, 2023 and the position has subsequently been sold. |
(c) | Issuer is affiliated with the fund’s investment adviser. |
(d) | The rate shown is the annualized 7-day yield. |
(e) | Security purchased with cash collateral received for securities on loan. |
REIT — | Real Estate Investment Trust |
SECURITY | VALUE AT 10/31/22 | PURCHASES | SALES | REALIZED GAINS (LOSSES) | NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) | VALUE AT 4/30/23 | BALANCE OF SHARES HELD AT 4/30/23 | DIVIDENDS RECEIVED |
COMMON STOCKS 0.2% OF NET ASSETS | ||||||||
Financial Services 0.2% | ||||||||
The Charles Schwab Corp. | $39,532,015 | $289,564 | ($244,563) | ($10,324) | ($13,600,957) | $25,965,735 | 497,047 | $233,125 |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Common Stocks1 | $12,609,691,343 | $— | $— | $12,609,691,343 |
Short-Term Investments1 | 41,711,309 | — | — | 41,711,309 |
Futures Contracts2 | 1,869,262 | — | — | 1,869,262 |
Total | $12,653,271,914 | $— | $— | $12,653,271,914 |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - affiliated (cost $5,326,629) | $25,965,735 | |
Investments in securities, at value - unaffiliated (cost $3,295,909,657) including securities on loan of $9,986,517 | 12,625,436,917 | |
Cash | 238,807 | |
Deposit with broker for futures contracts | 4,229,400 | |
Receivables: | ||
Dividends | 9,756,512 | |
Fund shares sold | 6,775,514 | |
Variation margin on future contracts | 359,662 | |
Income from securities on loan | + | 131,245 |
Total assets | 12,672,893,792 | |
Liabilities | ||
Collateral held for securities on loan | 10,297,775 | |
Payables: | ||
Fund shares redeemed | 3,933,060 | |
Investment adviser fees | + | 480,577 |
Total liabilities | 14,711,412 | |
Net assets | $12,658,182,380 | |
Net Assets by Source | ||
Capital received from investors | $3,304,355,373 | |
Total distributable earnings | + | 9,353,827,007 |
Net assets | $12,658,182,380 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$12,658,182,380 | 141,765,125 | $89.29 | ||
For the period November 1, 2022 through April 30, 2023; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $26,398) | $104,935,211 | |
Dividends received from securities - affiliated | 233,125 | |
Securities on loan, net | + | 628,116 |
Total investment income | 105,796,452 | |
Expenses | ||
Investment adviser fees | 3,023,904 | |
Total expenses | – | 3,023,904 |
Net investment income | 102,772,548 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - affiliated | (10,324 ) | |
Net realized losses on sales of securities - unaffiliated | (12,496,156 ) | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 32,673,888 | |
Net realized gains on futures contracts | + | 2,733,640 |
Net realized gains | 22,901,048 | |
Net change in unrealized appreciation (depreciation) on securities - affiliated | (13,600,957 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 822,732,542 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 120,689 |
Net change in unrealized appreciation (depreciation) | + | 809,252,274 |
Net realized and unrealized gains | 832,153,322 | |
Increase in net assets resulting from operations | $934,925,870 |
OPERATIONS | |||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||
Net investment income | $102,772,548 | $181,344,830 | |
Net realized gains | 22,901,048 | 24,600,426 | |
Net change in unrealized appreciation (depreciation) | + | 809,252,274 | (2,588,642,760 ) |
Increase (decrease) in net assets resulting from operations | $934,925,870 | ($2,382,697,504 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($187,210,509 ) | ($249,966,849 ) |
TRANSACTIONS IN FUND SHARES | |||||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 5,288,479 | $451,033,155 | 15,172,044 | $1,385,599,712 | |
Shares reinvested | 1,790,033 | 150,434,406 | 1,982,815 | 202,881,568 | |
Shares redeemed | + | (6,780,207 ) | (579,104,686 ) | (14,187,727 ) | (1,289,927,639 ) |
Net transactions in fund shares | 298,305 | $22,362,875 | 2,967,132 | $298,553,641 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 141,466,820 | $11,888,104,144 | 138,499,688 | $14,222,214,856 | |
Total increase (decrease) | + | 298,305 | 770,078,236 | 2,967,132 | (2,334,110,712 ) |
End of period | 141,765,125 | $12,658,182,380 | 141,466,820 | $11,888,104,144 |
11/1/22– 4/30/23* | 11/1/21– 10/31/22 | 11/1/20– 10/31/21 | 11/1/19– 10/31/20 | 11/1/18– 10/31/19 | 11/1/17– 10/31/18 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $29.87 | $39.97 | $27.18 | $28.84 | $30.48 | $31.45 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 0.27 | 0.40 | 0.37 | 0.35 | 0.40 | 0.43 |
Net realized and unrealized gains (losses) | (1.28 ) | (7.31 ) | 13.29 | (0.23 ) | 0.54 | 0.20 |
Total from investment operations | (1.01 ) | (6.91 ) | 13.66 | 0.12 | 0.94 | 0.63 |
Less distributions: | ||||||
Distributions from net investment income | (0.37 ) | (0.42 ) | (0.38 ) | (0.42 ) | (0.40 ) | (0.39 ) |
Distributions from net realized gains | — | (2.77 ) | (0.49 ) | (1.36 ) | (2.18 ) | (1.21 ) |
Total distributions | (0.37 ) | (3.19 ) | (0.87 ) | (1.78 ) | (2.58 ) | (1.60 ) |
Net asset value at end of period | $28.49 | $29.87 | $39.97 | $27.18 | $28.84 | $30.48 |
Total return | (3.38 %)2 | (18.53 %) | 50.82 % | 0.00 % | 4.95 % | 1.93 % |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.04 %3 | 0.04 %4 | 0.04 % | 0.04 % | 0.04 %5 | 0.05 % |
Net investment income (loss) | 1.85 %3 | 1.25 % | 0.98 % | 1.31 % | 1.43 % | 1.33 % |
Portfolio turnover rate | 2 %2,6 | 16 %6 | 19 %6 | 21 % | 14 % | 17 % |
Net assets, end of period (x 1,000,000) | $5,201 | $5,372 | $6,587 | $3,988 | $4,187 | $3,874 |
* | Unaudited. |
1 | Calculated based on the average shares outstanding during the period. |
2 | Not annualized. |
3 | Annualized. |
4 | Ratio includes less than 0.005% of non-routine proxy expenses. |
5 | Effective December 20, 2018, the annual operating expense ratio was reduced to 0.04%. The ratio presented for period ended 10/31/19 is a blended ratio. |
6 | Portfolio turnover rate excludes in-kind transactions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.5% OF NET ASSETS | ||
Automobiles & Components 1.6% | ||
Adient plc * | 216,812 | 8,009,035 |
American Axle & Manufacturing Holdings, Inc. * | 257,515 | 1,841,232 |
Canoo, Inc. *(a) | 644,027 | 486,240 |
Cenntro Electric Group Ltd. * | 416,026 | 154,263 |
Dana, Inc. | 295,242 | 4,366,629 |
Dorman Products, Inc. * | 60,227 | 5,189,158 |
Faraday Future Intelligent Electric, Inc. * | 1,147,086 | 195,578 |
Fisker, Inc. *(a) | 405,311 | 2,610,203 |
Fox Factory Holding Corp. * | 96,887 | 10,741,862 |
Gentherm, Inc. * | 75,783 | 4,520,456 |
Holley, Inc. * | 116,742 | 281,348 |
LCI Industries | 56,731 | 6,408,334 |
Lordstown Motors Corp., Class A *(a) | 395,062 | 206,617 |
Luminar Technologies, Inc. *(a) | 574,778 | 3,460,164 |
Modine Manufacturing Co. * | 113,501 | 2,373,306 |
Motorcar Parts of America, Inc. * | 43,056 | 209,683 |
Mullen Automotive, Inc. *(a) | 2,294,493 | 176,447 |
Patrick Industries, Inc. | 49,470 | 3,395,126 |
Solid Power, Inc. *(a) | 304,595 | 691,431 |
Standard Motor Products, Inc. | 46,196 | 1,663,518 |
Stoneridge, Inc. * | 59,790 | 1,125,846 |
The Goodyear Tire & Rubber Co. * | 640,678 | 6,836,034 |
Visteon Corp. * | 63,537 | 8,919,959 |
Winnebago Industries, Inc. | 68,009 | 3,954,043 |
Workhorse Group, Inc. *(a) | 346,932 | 326,879 |
XPEL, Inc. * | 49,274 | 3,599,959 |
81,743,350 | ||
Banks 8.0% | ||
1st Source Corp. | 36,773 | 1,532,699 |
ACNB Corp. | 19,118 | 579,849 |
Amalgamated Financial Corp. | 40,200 | 654,456 |
Amerant Bancorp, Inc. | 63,675 | 1,184,355 |
American National Bankshares, Inc. | 23,896 | 690,355 |
Ameris Bancorp | 151,211 | 5,065,568 |
Arrow Financial Corp. | 32,179 | 694,745 |
Associated Banc-Corp. | 340,825 | 6,076,910 |
Atlantic Union Bankshares Corp. | 171,107 | 4,897,082 |
Axos Financial, Inc. * | 131,030 | 5,328,990 |
Banc of California, Inc. | 118,577 | 1,345,849 |
BancFirst Corp. | 44,851 | 3,583,146 |
Bank First Corp. (a) | 17,706 | 1,210,913 |
Bank of Marin Bancorp | 35,570 | 627,099 |
BankUnited, Inc. | 172,419 | 3,888,048 |
Bankwell Financial Group, Inc. | 13,140 | 305,636 |
Banner Corp. | 77,918 | 3,889,667 |
Bar Harbor Bankshares | 33,556 | 832,189 |
Baycom Corp. | 27,476 | 458,300 |
BCB Bancorp, Inc. | 32,457 | 382,993 |
Berkshire Hills Bancorp, Inc. | 97,424 | 2,072,208 |
Blue Foundry Bancorp * | 57,148 | 549,764 |
Blue Ridge Bankshares, Inc. | 38,550 | 372,778 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Bridgewater Bancshares, Inc. * | 46,300 | 460,685 |
Brookline Bancorp, Inc. | 194,988 | 1,860,185 |
Business First Bancshares, Inc. | 53,488 | 824,785 |
Byline Bancorp, Inc. | 56,101 | 1,085,554 |
Cadence Bank | 414,377 | 8,378,703 |
Cambridge Bancorp | 15,650 | 808,322 |
Camden National Corp. | 32,898 | 1,051,091 |
Capital Bancorp, Inc. | 20,392 | 343,605 |
Capital City Bank Group, Inc. | 30,718 | 935,670 |
Capitol Federal Financial, Inc. | 290,781 | 1,802,842 |
Capstar Financial Holdings, Inc. | 46,898 | 627,495 |
Carter Bankshares, Inc. * | 54,750 | 703,537 |
Cathay General Bancorp | 159,433 | 5,081,130 |
Central Pacific Financial Corp. | 60,570 | 961,852 |
Citizens & Northern Corp. | 34,751 | 663,744 |
City Holding Co. | 33,636 | 3,067,267 |
Civista Bancshares, Inc. | 35,395 | 561,719 |
CNB Financial Corp. | 46,260 | 867,838 |
Coastal Financial Corp. * | 24,487 | 887,654 |
Colony Bankcorp, Inc. | 37,078 | 366,331 |
Columbia Financial, Inc. * | 76,815 | 1,288,956 |
Community Bank System, Inc. | 121,986 | 6,094,421 |
Community Trust Bancorp, Inc. | 35,704 | 1,285,701 |
ConnectOne Bancorp, Inc. | 84,752 | 1,337,387 |
CrossFirst Bankshares, Inc. * | 101,263 | 1,015,668 |
Customers Bancorp, Inc. * | 70,159 | 1,532,273 |
CVB Financial Corp. | 304,627 | 4,560,266 |
Dime Community Bancshares, Inc. | 74,381 | 1,532,249 |
Eagle Bancorp, Inc. | 70,443 | 1,768,119 |
Eastern Bankshares, Inc. | 352,232 | 4,103,503 |
Enterprise Bancorp, Inc. | 21,504 | 620,175 |
Enterprise Financial Services Corp. | 80,652 | 3,448,679 |
Equity Bancshares, Inc., Class A | 34,611 | 815,089 |
Esquire Financial Holdings, Inc. | 15,921 | 615,506 |
Farmers & Merchants Bancorp, Inc. | 29,132 | 664,210 |
Farmers National Banc Corp. | 80,137 | 936,802 |
FB Financial Corp. | 81,876 | 2,409,611 |
Financial Institutions, Inc. | 34,849 | 609,161 |
First BanCorp | 412,154 | 4,842,809 |
First Bancorp/Southern Pines NC | 87,644 | 2,697,682 |
First Bank | 35,240 | 342,180 |
First Busey Corp. | 117,454 | 2,135,314 |
First Business Financial Services, Inc. | 18,275 | 524,310 |
First Commonwealth Financial Corp. | 232,714 | 2,904,271 |
First Community Bankshares, Inc. | 36,192 | 847,255 |
First Financial Bancorp | 213,073 | 4,410,611 |
First Financial Bankshares, Inc. | 296,970 | 8,689,342 |
First Financial Corp. | 25,077 | 866,410 |
First Foundation, Inc. | 116,107 | 730,313 |
First Guaranty Bancshares, Inc. | 14,019 | 190,518 |
First Internet Bancorp | 19,245 | 283,094 |
First Interstate BancSystem, Inc., Class A | 204,191 | 5,225,248 |
First Merchants Corp. | 130,470 | 3,807,115 |
First Mid Bancshares, Inc. | 42,691 | 1,125,335 |
First Western Financial, Inc. * | 17,910 | 318,082 |
Five Star Bancorp | 28,683 | 609,801 |
Flushing Financial Corp. | 64,164 | 771,893 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Fulton Financial Corp. | 370,646 | 4,421,807 |
FVCBankcorp, Inc. * | 33,766 | 324,491 |
German American Bancorp, Inc. | 63,010 | 1,831,701 |
Glacier Bancorp, Inc. | 254,012 | 8,440,819 |
Great Southern Bancorp, Inc. | 21,129 | 1,075,044 |
Greene County Bancorp, Inc. | 15,368 | 315,812 |
Guaranty Bancshares, Inc. | 18,335 | 442,057 |
Hancock Whitney Corp. | 196,927 | 7,191,774 |
Hanmi Financial Corp. | 68,727 | 1,110,628 |
HarborOne Bancorp, Inc. | 100,431 | 1,079,633 |
HBT Financial, Inc. | 27,299 | 481,554 |
Heartland Financial USA, Inc. | 93,643 | 3,049,016 |
Heritage Commerce Corp. | 134,149 | 1,140,266 |
Heritage Financial Corp. | 79,192 | 1,394,571 |
Hilltop Holdings, Inc. | 113,955 | 3,534,884 |
Home Bancorp, Inc. | 16,931 | 530,448 |
Home BancShares, Inc. | 429,690 | 9,354,351 |
HomeStreet, Inc. | 41,302 | 403,108 |
HomeTrust Bancshares, Inc. | 33,342 | 695,848 |
Hope Bancorp, Inc. | 264,870 | 2,410,317 |
Horizon Bancorp, Inc. | 91,434 | 962,800 |
Independent Bank Corp. | 104,669 | 5,861,464 |
Independent Bank Corp., Michigan | 45,658 | 813,626 |
Independent Bank Group, Inc. | 81,633 | 2,969,809 |
International Bancshares Corp. | 122,491 | 5,226,691 |
John Marshall Bancorp, Inc. | 26,311 | 479,386 |
Kearny Financial Corp. | 136,670 | 1,064,659 |
Lakeland Bancorp, Inc. | 142,145 | 2,038,359 |
Lakeland Financial Corp. | 55,960 | 2,835,493 |
Live Oak Bancshares, Inc. | 74,555 | 1,756,516 |
Luther Burbank Corp. | 34,680 | 313,507 |
Macatawa Bank Corp. | 59,374 | 555,147 |
Mercantile Bank Corp. | 34,933 | 980,220 |
Metrocity Bankshares, Inc. | 42,574 | 696,085 |
Metropolitan Bank Holding Corp. * | 23,732 | 761,560 |
Mid Penn Bancorp, Inc. | 32,575 | 736,846 |
Midland States Bancorp, Inc. | 48,426 | 968,520 |
MidWestOne Financial Group, Inc. | 32,448 | 671,674 |
MVB Financial Corp. | 23,877 | 435,755 |
National Bank Holdings Corp., Class A | 66,731 | 2,122,046 |
NBT Bancorp, Inc. | 95,394 | 3,075,503 |
Nicolet Bankshares, Inc. * | 27,992 | 1,604,222 |
Northeast Bank | 15,200 | 560,120 |
Northfield Bancorp, Inc. | 98,041 | 1,021,587 |
Northwest Bancshares, Inc. | 277,163 | 3,240,035 |
OceanFirst Financial Corp. | 132,429 | 2,118,864 |
OFG Bancorp | 106,187 | 2,715,202 |
Old National Bancorp | 670,049 | 8,985,357 |
Old Second Bancorp, Inc. | 96,166 | 1,181,880 |
Origin Bancorp, Inc. | 51,161 | 1,505,668 |
Orrstown Financial Services, Inc. | 23,160 | 443,977 |
Pacific Premier Bancorp, Inc. | 214,262 | 4,765,187 |
Park National Corp. | 32,695 | 3,541,522 |
Parke Bancorp, Inc. | 22,949 | 394,493 |
Pathward Financial, Inc. | 62,007 | 2,761,172 |
PCB Bancorp | 25,616 | 354,013 |
Peapack-Gladstone Financial Corp. | 38,752 | 1,029,253 |
Peoples Bancorp, Inc. | 74,377 | 1,938,265 |
Peoples Financial Services Corp. | 16,144 | 651,410 |
Pioneer Bancorp, Inc. * | 26,534 | 234,030 |
Preferred Bank | 30,254 | 1,454,612 |
Premier Financial Corp. | 80,627 | 1,339,214 |
Primis Financial Corp. | 51,516 | 455,917 |
Provident Bancorp, Inc. | 32,571 | 222,460 |
Provident Financial Services, Inc. | 166,435 | 2,909,284 |
QCR Holdings, Inc. | 36,076 | 1,493,546 |
RBB Bancorp | 33,258 | 413,730 |
Red River Bancshares, Inc. | 9,857 | 453,422 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Renasant Corp. | 124,815 | 3,509,798 |
Republic Bancorp, Inc., Class A | 19,739 | 775,743 |
Republic First Bancorp, Inc. *(a) | 139,989 | 172,186 |
S&T Bancorp, Inc. | 89,268 | 2,457,548 |
Sandy Spring Bancorp, Inc. | 99,913 | 2,246,044 |
Seacoast Banking Corp. of Florida | 164,488 | 3,649,989 |
ServisFirst Bancshares, Inc. | 114,612 | 5,787,906 |
Shore Bancshares, Inc. | 41,039 | 544,998 |
Sierra Bancorp | 31,239 | 512,007 |
Simmons First National Corp., Class A | 277,838 | 4,642,673 |
SmartFinancial, Inc. | 35,589 | 766,587 |
South Plains Financial, Inc. | 22,662 | 465,251 |
Southern First Bancshares, Inc. * | 17,474 | 481,933 |
Southern Missouri Bancorp, Inc. | 17,410 | 631,635 |
Southside Bancshares, Inc. | 68,727 | 2,180,708 |
SouthState Corp. | 171,304 | 11,816,550 |
Stellar Bancorp, Inc. | 103,335 | 2,370,505 |
Sterling Bancorp, Inc. * | 39,311 | 213,066 |
Stock Yards Bancorp, Inc. | 65,304 | 3,173,774 |
Summit Financial Group, Inc. | 25,725 | 499,837 |
Texas Capital Bancshares, Inc. * | 110,457 | 5,550,464 |
The Bancorp, Inc. * | 124,752 | 3,980,836 |
The Bank of N.T. Butterfield & Son Ltd. | 113,768 | 2,927,251 |
The First BanCorp, Inc. | 22,394 | 553,132 |
The First Bancshares, Inc. | 56,402 | 1,415,690 |
The First of Long Island Corp. | 49,894 | 583,760 |
The Hingham Institution For Savings | 3,344 | 650,609 |
Third Coast Bancshares, Inc. * | 28,813 | 401,653 |
Tompkins Financial Corp. | 31,563 | 1,850,223 |
Towne Bank | 157,430 | 3,729,517 |
TriCo Bancshares | 71,315 | 2,553,790 |
Triumph Financial, Inc. | 52,574 | 2,731,745 |
TrustCo Bank Corp. | 42,510 | 1,268,498 |
Trustmark Corp. | 139,672 | 3,336,764 |
UMB Financial Corp. | 100,581 | 6,397,957 |
United Bankshares, Inc. | 298,329 | 9,883,640 |
United Community Banks, Inc. | 242,920 | 6,048,708 |
Unity Bancorp, Inc. | 16,049 | 371,534 |
Univest Financial Corp. | 65,788 | 1,323,655 |
USCB Financial Holdings, Inc. * | 25,544 | 243,179 |
Valley National Bancorp | 984,286 | 9,232,603 |
Veritex Holdings, Inc. | 120,359 | 2,071,378 |
Washington Federal, Inc. | 147,738 | 4,142,573 |
Washington Trust Bancorp, Inc. | 38,962 | 1,095,222 |
WesBanco, Inc. | 130,544 | 3,475,081 |
West Bancorp, Inc. | 37,358 | 643,678 |
Westamerica Bancorp | 59,528 | 2,411,479 |
WSFS Financial Corp. | 140,024 | 4,924,644 |
416,563,205 | ||
Capital Goods 11.3% | ||
3D Systems Corp. * | 289,433 | 2,651,206 |
AAON, Inc. | 100,173 | 9,816,954 |
AAR Corp. * | 75,715 | 3,996,238 |
Aerojet Rocketdyne Holdings, Inc. * | 181,140 | 10,218,107 |
AeroVironment, Inc. * | 56,343 | 5,673,177 |
AerSale Corp. * | 56,887 | 920,432 |
Alamo Group, Inc. | 22,928 | 4,052,065 |
Albany International Corp., Class A | 71,186 | 6,492,875 |
Allied Motion Technologies, Inc. | 30,766 | 1,058,966 |
Alta Equipment Group, Inc. | 47,179 | 667,111 |
Ameresco, Inc., Class A * | 72,799 | 3,028,438 |
American Woodmark Corp. * | 37,787 | 1,908,999 |
API Group Corp. * | 472,516 | 10,754,464 |
Apogee Enterprises, Inc. | 50,748 | 2,159,835 |
Applied Industrial Technologies, Inc. | 87,427 | 11,860,347 |
Archer Aviation, Inc., Class A * | 332,592 | 658,532 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Arcosa, Inc. | 110,601 | 7,469,992 |
Argan, Inc. | 29,352 | 1,180,831 |
Array Technologies, Inc. * | 344,366 | 7,042,285 |
Astec Industries, Inc. | 52,171 | 2,153,619 |
Astra Space, Inc. * | 356,373 | 150,568 |
Astronics Corp. * | 58,289 | 859,180 |
Atkore, Inc. * | 90,006 | 11,370,458 |
AZZ, Inc. | 56,063 | 2,115,257 |
Babcock & Wilcox Enterprises, Inc. * | 138,376 | 860,699 |
Barnes Group, Inc. | 111,589 | 4,690,086 |
Beacon Roofing Supply, Inc. * | 117,296 | 7,058,873 |
Berkshire Grey, Inc. * | 117,723 | 161,281 |
Blink Charging Co. *(a) | 95,750 | 682,698 |
Bloom Energy Corp., Class A * | 410,919 | 6,841,801 |
Blue Bird Corp. * | 40,025 | 748,468 |
BlueLinx Holdings, Inc. * | 20,073 | 1,406,314 |
Boise Cascade Co. | 90,239 | 6,164,226 |
Brookfield Business Corp., Class A | 58,936 | 1,087,959 |
Cadre Holdings, Inc. | 43,306 | 912,024 |
Caesarstone Ltd. | 51,397 | 234,370 |
Chart Industries, Inc. * | 97,458 | 12,971,660 |
CIRCOR International, Inc. * | 42,205 | 1,174,987 |
Columbus McKinnon Corp. | 63,942 | 2,219,427 |
Comfort Systems USA, Inc. | 80,952 | 12,101,514 |
Concrete Pumping Holdings, Inc. * | 57,914 | 402,502 |
Construction Partners, Inc., Class A * | 90,897 | 2,357,868 |
CSW Industrials, Inc. | 33,415 | 4,499,998 |
Custom Truck One Source, Inc. * | 137,168 | 861,415 |
Desktop Metal, Inc., Class A *(a) | 613,076 | 1,348,767 |
Distribution Solutions Group, Inc. * | 11,202 | 522,909 |
Douglas Dynamics, Inc. | 51,537 | 1,510,549 |
Ducommun, Inc. * | 25,405 | 1,270,250 |
DXP Enterprises, Inc. * | 34,590 | 871,668 |
Dycom Industries, Inc. * | 65,949 | 6,108,196 |
EMCOR Group, Inc. | 107,851 | 18,442,521 |
Encore Wire Corp. | 40,432 | 6,320,735 |
Energy Recovery, Inc. * | 125,437 | 2,826,096 |
Energy Vault Holdings, Inc. *(a) | 187,698 | 317,210 |
Enerpac Tool Group Corp. | 130,558 | 3,102,058 |
EnerSys | 93,176 | 7,730,813 |
Enovix Corp. *(a) | 248,895 | 2,693,044 |
EnPro Industries, Inc. | 47,587 | 4,486,026 |
ESCO Technologies, Inc. | 58,850 | 5,506,594 |
ESS Tech, Inc. *(a) | 181,832 | 194,560 |
Evoqua Water Technologies Corp. * | 268,667 | 13,285,583 |
Fathom Digital Manufacturing Corp., Class A * | 66,546 | 31,396 |
Federal Signal Corp. | 136,393 | 7,007,872 |
Fluence Energy, Inc. * | 83,915 | 1,515,505 |
Fluor Corp. * | 325,030 | 9,445,372 |
Franklin Electric Co., Inc. | 105,251 | 9,416,807 |
FTC Solar, Inc. * | 95,474 | 260,644 |
FuelCell Energy, Inc. * | 931,632 | 1,751,468 |
GATX Corp. | 80,154 | 9,130,342 |
Gibraltar Industries, Inc. * | 71,126 | 3,559,145 |
Global Industrial Co. | 29,665 | 790,572 |
GMS, Inc. * | 95,558 | 5,548,097 |
GrafTech International Ltd. | 444,086 | 2,091,645 |
Granite Construction, Inc. | 101,125 | 3,855,896 |
Great Lakes Dredge & Dock Corp. * | 150,199 | 860,640 |
Griffon Corp. | 99,420 | 2,828,499 |
H&E Equipment Services, Inc. | 73,049 | 2,666,288 |
Heliogen, Inc. * | 199,959 | 56,128 |
Helios Technologies, Inc. | 74,390 | 4,473,815 |
Herc Holdings, Inc. | 57,382 | 5,739,348 |
Hillenbrand, Inc. | 158,193 | 7,216,765 |
Hillman Solutions Corp. * | 306,931 | 2,578,220 |
Hudson Technologies, Inc. * | 98,145 | 758,661 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Hydrofarm Holdings Group, Inc. * | 96,168 | 150,984 |
Hyliion Holdings Corp. * | 317,318 | 434,726 |
Hyster-Yale Materials Handling, Inc. | 24,771 | 1,304,441 |
Hyzon Motors, Inc. *(a) | 197,533 | 164,268 |
IES Holdings, Inc. * | 19,725 | 851,923 |
Insteel Industries, Inc. | 42,560 | 1,171,677 |
Janus International Group, Inc. * | 186,946 | 1,682,514 |
JELD-WEN Holding, Inc. * | 190,240 | 2,431,267 |
John Bean Technologies Corp. | 72,227 | 7,851,797 |
Kadant, Inc. | 26,515 | 4,927,282 |
Kaman Corp. | 64,262 | 1,418,262 |
Karat Packaging, Inc. | 13,649 | 185,080 |
Kennametal, Inc. | 185,931 | 4,826,769 |
Kratos Defense & Security Solutions, Inc. * | 281,877 | 3,636,213 |
Lightning eMotors, Inc. * | 6,620 | 29,459 |
Lindsay Corp. | 25,191 | 3,041,561 |
Luxfer Holdings plc | 62,118 | 947,300 |
Markforged Holding Corp. * | 253,240 | 246,884 |
Masonite International Corp. * | 50,726 | 4,636,864 |
Maxar Technologies, Inc. | 167,951 | 8,854,377 |
McGrath RentCorp | 55,376 | 4,921,819 |
Microvast Holdings, Inc. * | 400,154 | 420,162 |
Miller Industries, Inc. | 25,453 | 829,768 |
Momentus, Inc. * | 132,048 | 56,794 |
Moog, Inc., Class A | 65,363 | 5,889,860 |
MRC Global, Inc. * | 189,983 | 1,850,434 |
Mueller Industries, Inc. | 127,748 | 9,178,694 |
Mueller Water Products, Inc., Class A | 356,454 | 4,776,484 |
MYR Group, Inc. * | 37,498 | 4,799,369 |
National Presto Industries, Inc. | 11,723 | 797,398 |
NEXTracker, Inc., Class A * | 70,247 | 2,212,078 |
Nikola Corp. *(a) | 775,263 | 686,495 |
Northwest Pipe Co. * | 22,268 | 613,261 |
NOW, Inc. * | 252,171 | 2,690,665 |
NuScale Power Corp. *(a) | 71,295 | 632,387 |
Omega Flex, Inc. | 7,424 | 816,714 |
Park Aerospace Corp. | 44,466 | 581,615 |
Parsons Corp. * | 76,778 | 3,339,843 |
PGT Innovations, Inc. * | 131,683 | 3,378,986 |
Powell Industries, Inc. | 20,801 | 833,288 |
Preformed Line Products Co. | 5,689 | 707,029 |
Primoris Services Corp. | 120,803 | 3,056,316 |
Proterra, Inc. * | 514,424 | 601,876 |
Proto Labs, Inc. * | 61,946 | 1,782,186 |
Quanex Building Products Corp. | 75,862 | 1,448,964 |
RBC Bearings, Inc. * | 65,145 | 14,788,566 |
Redwire Corp. *(a) | 43,709 | 141,180 |
Resideo Technologies, Inc. * | 330,256 | 5,878,557 |
REV Group, Inc. | 74,747 | 802,035 |
Rocket Lab USA, Inc. * | 494,439 | 1,938,201 |
Rush Enterprises, Inc., Class A | 95,061 | 5,048,690 |
Rush Enterprises, Inc., Class B | 14,982 | 877,646 |
Sarcos Technology and Robotics Corp. * | 247,920 | 99,193 |
Shoals Technologies Group, Inc., Class A * | 371,693 | 7,764,667 |
Simpson Manufacturing Co., Inc. | 97,738 | 12,293,486 |
SPX Technologies, Inc. * | 99,985 | 6,367,045 |
Standex International Corp. | 26,965 | 3,311,572 |
Stem, Inc. *(a) | 329,217 | 1,392,588 |
Sterling Infrastructure, Inc. * | 66,783 | 2,465,628 |
SunPower Corp. * | 187,224 | 2,475,101 |
Tennant Co. | 42,327 | 3,234,629 |
Terex Corp. | 152,279 | 6,790,121 |
Terran Orbital Corp. *(a) | 92,233 | 164,175 |
Textainer Group Holdings Ltd. | 98,969 | 3,473,812 |
The Gorman-Rupp Co. | 51,679 | 1,268,719 |
The Greenbrier Cos., Inc. | 72,900 | 1,928,205 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
The Manitowoc Co., Inc. * | 79,269 | 1,212,023 |
The Shyft Group, Inc. | 79,031 | 1,982,097 |
Thermon Group Holdings, Inc. * | 75,709 | 1,573,233 |
Titan International, Inc. * | 117,578 | 1,147,561 |
Titan Machinery, Inc. * | 46,361 | 1,453,417 |
TPI Composites, Inc. * | 83,113 | 1,027,277 |
Transcat, Inc. * | 16,342 | 1,246,731 |
Trinity Industries, Inc. | 187,906 | 4,500,349 |
Triton International Ltd. | 133,037 | 10,998,169 |
Triumph Group, Inc. * | 146,496 | 1,583,622 |
Tutor Perini Corp. * | 97,112 | 514,694 |
UFP Industries, Inc. | 136,563 | 10,722,927 |
V2X, Inc. * | 27,657 | 1,194,782 |
Velo3D, Inc. *(a) | 127,584 | 298,547 |
Veritiv Corp. | 29,797 | 3,422,781 |
Vicor Corp. * | 50,232 | 2,158,469 |
View, Inc. * | 307,611 | 105,203 |
Virgin Galactic Holdings, Inc. *(a) | 555,979 | 2,023,764 |
Wabash National Corp. | 108,403 | 2,782,705 |
Watts Water Technologies, Inc., Class A | 62,489 | 10,106,346 |
Xometry, Inc., Class A * | 78,486 | 1,090,171 |
Xos, Inc. * | 120,236 | 61,008 |
Zurn Elkay Water Solutions Corp. | 283,642 | 6,112,485 |
589,337,120 | ||
Commercial & Professional Services 3.9% | ||
ABM Industries, Inc. | 151,450 | 6,448,741 |
ACCO Brands Corp. | 211,812 | 970,099 |
ACV Auctions, Inc., Class A * | 268,746 | 3,501,760 |
Alight, Inc., Class A * | 879,081 | 8,131,499 |
Aris Water Solution, Inc., Class A | 49,508 | 359,923 |
ASGN, Inc. * | 112,015 | 8,019,154 |
Barrett Business Services, Inc. | 15,674 | 1,310,503 |
Brady Corp., Class A | 103,078 | 5,260,070 |
BrightView Holdings, Inc. * | 93,177 | 515,269 |
Casella Waste Systems, Inc., Class A * | 114,016 | 10,147,424 |
CBIZ, Inc. * | 107,960 | 5,688,412 |
Cimpress plc * | 40,184 | 2,087,559 |
CompX International, Inc. | 3,395 | 61,450 |
Conduent, Inc. * | 389,228 | 1,366,190 |
CoreCivic, Inc. * | 260,274 | 2,287,808 |
CRA International, Inc. | 15,890 | 1,670,675 |
CSG Systems International, Inc. | 70,937 | 3,736,961 |
Deluxe Corp. | 98,575 | 1,493,411 |
Ennis, Inc. | 57,639 | 1,119,926 |
ExlService Holdings, Inc. * | 73,945 | 13,190,309 |
Exponent, Inc. | 116,097 | 10,686,729 |
First Advantage Corp. * | 134,161 | 1,725,310 |
Forrester Research, Inc. * | 25,683 | 794,632 |
Franklin Covey Co. * | 27,568 | 1,012,297 |
Harsco Corp. * | 179,286 | 1,231,695 |
Healthcare Services Group, Inc. | 169,675 | 2,648,627 |
Heidrick & Struggles International, Inc. | 44,865 | 1,126,560 |
Heritage-Crystal Clean, Inc. * | 35,991 | 1,258,245 |
HireRight Holdings Corp. * | 49,173 | 521,234 |
HNI Corp. | 94,211 | 2,447,602 |
Huron Consulting Group, Inc. * | 45,103 | 3,824,283 |
IBEX Holdings Ltd. * | 20,674 | 423,197 |
ICF International, Inc. | 42,198 | 4,810,572 |
Insperity, Inc. | 81,851 | 10,023,473 |
Interface, Inc. | 132,193 | 1,036,393 |
KAR Auction Services, Inc. * | 246,242 | 3,334,117 |
Kelly Services, Inc., Class A | 77,417 | 1,270,413 |
Kforce, Inc. | 45,189 | 2,672,477 |
Kimball International, Inc., Class B | 82,122 | 1,010,922 |
Korn Ferry | 119,608 | 5,743,576 |
LegalZoom.com, Inc. * | 218,349 | 2,048,114 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Li-Cycle Holdings Corp. *(a) | 312,824 | 1,485,914 |
Liquidity Services, Inc. * | 55,407 | 724,170 |
Matthews International Corp., Class A | 68,125 | 2,579,894 |
Maximus, Inc. | 138,262 | 11,565,616 |
MillerKnoll, Inc. | 173,998 | 2,959,706 |
Montrose Environmental Group, Inc. * | 62,713 | 1,910,238 |
NL Industries, Inc. | 18,784 | 120,781 |
NV5 Global, Inc. * | 30,909 | 2,928,010 |
Pitney Bowes, Inc. | 396,467 | 1,391,599 |
Planet Labs PBC * | 444,708 | 1,814,409 |
Quad Graphics, Inc. * | 72,679 | 253,650 |
Red Violet, Inc. * | 22,234 | 380,201 |
Resources Connection, Inc. | 73,404 | 1,070,964 |
Skillsoft Corp. * | 189,789 | 233,440 |
SP Plus Corp. * | 45,945 | 1,569,941 |
Spire Global, Inc. * | 285,091 | 199,564 |
Steelcase, Inc., Class A | 197,975 | 1,583,800 |
Sterling Check Corp. * | 54,781 | 615,738 |
The Brink's Co. | 103,490 | 6,504,347 |
The GEO Group, Inc. * | 271,411 | 2,043,725 |
TriNet Group, Inc. * | 85,488 | 7,931,577 |
TrueBlue, Inc. * | 73,535 | 1,114,055 |
TTEC Holdings, Inc. | 43,165 | 1,470,632 |
UniFirst Corp. | 34,181 | 5,594,746 |
Upwork, Inc. * | 276,802 | 2,648,995 |
Verra Mobility Corp. * | 320,168 | 5,426,848 |
Viad Corp. * | 46,186 | 878,920 |
VSE Corp. | 24,105 | 1,019,400 |
Willdan Group, Inc. * | 27,002 | 395,579 |
205,434,070 | ||
Consumer Discretionary Distribution & Retail 2.7% | ||
1-800-Flowers.com, Inc., Class A * | 59,037 | 543,731 |
1stdibs.com, Inc. * | 53,589 | 201,495 |
Abercrombie & Fitch Co., Class A * | 111,487 | 2,624,404 |
Academy Sports & Outdoors, Inc. | 173,549 | 11,023,833 |
aka Brands Holding Corp. * | 25,881 | 9,501 |
American Eagle Outfitters, Inc. | 352,594 | 4,721,234 |
America's Car-Mart, Inc. * | 13,383 | 1,075,859 |
Arko Corp. | 190,966 | 1,596,476 |
Asbury Automotive Group, Inc. * | 50,585 | 9,786,174 |
BARK, Inc. * | 246,914 | 271,605 |
Big 5 Sporting Goods Corp. (a) | 48,422 | 381,565 |
Big Lots, Inc. | 64,453 | 579,433 |
Boot Barn Holdings, Inc. * | 67,454 | 4,888,391 |
Build-A-Bear Workshop, Inc. | 30,686 | 711,915 |
Caleres, Inc. | 77,980 | 1,777,944 |
Camping World Holdings, Inc., Class A (a) | 88,524 | 1,982,052 |
CarParts.com, Inc. * | 117,028 | 554,713 |
Chico's FAS, Inc. * | 280,749 | 1,414,975 |
Citi Trends, Inc. * | 18,427 | 318,050 |
Conn's, Inc. * | 29,258 | 139,853 |
ContextLogic, Inc., Class A *(a) | 43,822 | 315,958 |
Designer Brands, Inc., Class A | 115,297 | 944,282 |
Destination XL Group, Inc. * | 131,547 | 577,491 |
Dillard's, Inc., Class A | 9,113 | 2,719,228 |
Duluth Holdings, Inc., Class B * | 31,550 | 197,503 |
EVgo, Inc. *(a) | 156,294 | 936,201 |
Express, Inc. * | 141,166 | 113,992 |
Foot Locker, Inc. | 184,221 | 7,735,440 |
Franchise Group, Inc. | 59,537 | 1,741,457 |
Funko, Inc., Class A * | 73,195 | 721,703 |
Genesco, Inc. * | 27,825 | 964,415 |
Group 1 Automotive, Inc. | 32,242 | 7,237,684 |
Groupon, Inc. *(a) | 48,635 | 174,113 |
GrowGeneration Corp. * | 129,226 | 441,953 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Guess?, Inc. | 70,958 | 1,337,558 |
Haverty Furniture Cos., Inc. | 33,014 | 995,042 |
Hibbett, Inc. | 28,901 | 1,570,191 |
JOANN, Inc. (a) | 24,227 | 41,913 |
Lands' End, Inc. * | 35,334 | 253,345 |
LL Flooring Holdings, Inc. * | 64,553 | 212,379 |
Lulu's Fashion Lounge Holdings, Inc. *(a) | 36,636 | 82,431 |
MarineMax, Inc. * | 49,172 | 1,431,889 |
Monro, Inc. | 71,433 | 3,491,645 |
Murphy USA, Inc. | 45,978 | 12,654,525 |
National Vision Holdings, Inc. * | 179,181 | 3,769,968 |
OneWater Marine, Inc., Class A * | 25,915 | 684,156 |
Overstock.com, Inc. * | 97,614 | 1,987,421 |
PetMed Express, Inc. | 46,335 | 712,169 |
Qurate Retail, Inc., Series A * | 794,032 | 632,526 |
Rent the Runway, Inc., Class A *(a) | 107,476 | 280,512 |
Revolve Group, Inc. * | 93,360 | 1,927,884 |
RumbleON, Inc., Class B * | 24,120 | 164,016 |
Sally Beauty Holdings, Inc. * | 244,478 | 3,478,922 |
Shoe Carnival, Inc. | 38,545 | 896,171 |
Signet Jewelers Ltd. | 102,155 | 7,516,565 |
Sleep Number Corp. * | 48,923 | 1,103,214 |
Sonic Automotive, Inc., Class A | 41,059 | 1,827,947 |
Sportsman's Warehouse Holdings, Inc. * | 84,683 | 526,728 |
Stitch Fix, Inc., Class A * | 192,091 | 655,030 |
The Aaron's Co., Inc. | 69,069 | 922,071 |
The Buckle, Inc. | 68,877 | 2,309,446 |
The Cato Corp., Class A | 40,673 | 335,552 |
The Children's Place, Inc. * | 27,314 | 809,587 |
The Container Store Group, Inc. * | 72,768 | 224,853 |
The ODP Corp. * | 91,592 | 3,957,690 |
The RealReal, Inc. *(a) | 199,317 | 223,235 |
ThredUp, Inc., Class A * | 136,833 | 361,239 |
Tile Shop Holdings, Inc. * | 69,459 | 325,763 |
Tilly's, Inc., Class A * | 52,758 | 396,213 |
Torrid Holdings, Inc. *(a) | 32,709 | 111,865 |
TravelCenters of America, Inc. * | 28,811 | 2,481,491 |
Upbound Group, Inc. | 113,880 | 3,036,041 |
Urban Outfitters, Inc. * | 145,636 | 3,940,910 |
Warby Parker, Inc., Class A * | 190,087 | 2,001,616 |
Weyco Group, Inc. | 13,788 | 374,206 |
Winmark Corp. | 6,427 | 2,146,104 |
Zumiez, Inc. * | 36,072 | 630,719 |
142,247,371 | ||
Consumer Durables & Apparel 3.3% | ||
Acushnet Holdings Corp. | 76,086 | 3,814,191 |
Allbirds, Inc., Class A *(a) | 217,340 | 271,675 |
AMMO, Inc. *(a) | 202,352 | 398,633 |
Aterian, Inc. *(a) | 145,213 | 114,893 |
Beazer Homes USA, Inc. * | 68,283 | 1,455,111 |
Cavco Industries, Inc. * | 19,888 | 5,970,775 |
Century Communities, Inc. | 64,357 | 4,333,800 |
Clarus Corp. | 66,439 | 646,451 |
Crocs, Inc. * | 138,591 | 17,139,549 |
Dream Finders Homes, Inc., Class A * | 48,316 | 736,819 |
Ermenegildo Zegna N.V. | 136,820 | 1,769,083 |
Ethan Allen Interiors, Inc. | 51,928 | 1,450,349 |
Fossil Group, Inc. * | 110,605 | 371,633 |
G-III Apparel Group Ltd. * | 98,337 | 1,543,891 |
GoPro, Inc., Class A * | 296,432 | 1,268,729 |
Green Brick Partners, Inc. * | 61,966 | 2,309,473 |
Helen of Troy Ltd. * | 54,337 | 5,452,175 |
Hovnanian Enterprises, Inc., Class A * | 10,964 | 808,814 |
Installed Building Products, Inc. | 54,367 | 6,756,187 |
iRobot Corp. * | 61,381 | 2,414,115 |
Johnson Outdoors, Inc., Class A | 12,253 | 710,674 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
KB Home | 173,185 | 7,588,967 |
Kontoor Brands, Inc. | 126,895 | 5,731,847 |
Landsea Homes Corp. * | 21,190 | 139,854 |
Latham Group, Inc. * | 97,554 | 235,105 |
La-Z-Boy, Inc. | 97,950 | 2,814,103 |
Legacy Housing Corp. * | 19,950 | 430,920 |
LGI Homes, Inc. * | 46,894 | 5,571,007 |
Lifetime Brands, Inc. | 29,211 | 143,134 |
M.D.C. Holdings, Inc. | 133,339 | 5,462,899 |
M/I Homes, Inc. * | 60,758 | 4,109,671 |
Malibu Boats, Inc., Class A * | 46,421 | 2,634,392 |
Marine Products Corp. | 18,875 | 259,909 |
MasterCraft Boat Holdings, Inc. * | 39,981 | 1,170,244 |
Meritage Homes Corp. | 82,940 | 10,620,467 |
Movado Group, Inc. | 34,335 | 879,663 |
Oxford Industries, Inc. | 34,116 | 3,520,430 |
PLBY Group, Inc. *(a) | 102,624 | 171,382 |
Purple Innovation, Inc. | 142,655 | 423,685 |
Rocky Brands, Inc. | 15,725 | 459,484 |
Skyline Champion Corp. * | 121,840 | 9,036,873 |
Smith & Wesson Brands, Inc. | 103,607 | 1,245,356 |
Snap One Holdings Corp. * | 40,993 | 400,092 |
Solo Brands, Inc., Class A * | 49,888 | 398,605 |
Sonos, Inc. * | 291,464 | 6,161,549 |
Steven Madden Ltd. | 175,778 | 6,159,261 |
Sturm, Ruger & Co., Inc. | 39,465 | 2,271,605 |
Superior Group of Cos., Inc. | 26,971 | 210,374 |
Taylor Morrison Home Corp. * | 238,920 | 10,295,063 |
The Lovesac Co. * | 31,751 | 834,734 |
Topgolf Callaway Brands Corp. * | 319,543 | 7,084,268 |
Traeger, Inc. * | 74,479 | 226,416 |
Tri Pointe Homes, Inc. * | 230,348 | 6,606,381 |
Tupperware Brands Corp. * | 99,327 | 124,159 |
Unifi, Inc. * | 32,090 | 281,750 |
Universal Electronics, Inc. * | 27,230 | 273,662 |
Vista Outdoor, Inc. * | 127,494 | 3,072,605 |
Vizio Holding Corp., Class A * | 155,359 | 1,331,427 |
Vuzix Corp. *(a) | 135,620 | 545,192 |
Wolverine World Wide, Inc. | 176,467 | 2,954,058 |
171,617,613 | ||
Consumer Services 3.8% | ||
2U, Inc. * | 175,977 | 974,913 |
Accel Entertainment, Inc. * | 127,448 | 1,127,915 |
Adtalem Global Education, Inc. * | 102,617 | 4,163,172 |
American Public Education, Inc. * | 42,144 | 240,221 |
Bally's Corp. * | 81,908 | 1,408,818 |
Biglari Holdings, Inc., Class B * | 1,658 | 287,166 |
BJ's Restaurants, Inc. * | 51,952 | 1,690,518 |
Bloomin' Brands, Inc. | 199,552 | 4,942,903 |
Bluegreen Vacations Holding Corp. | 21,651 | 623,332 |
Bowlero Corp. * | 67,537 | 988,066 |
Brinker International, Inc. * | 99,067 | 3,954,755 |
Carriage Services, Inc. | 30,365 | 871,779 |
Century Casinos, Inc. * | 61,931 | 435,994 |
Chegg, Inc. * | 284,292 | 5,111,570 |
Chuy's Holdings, Inc. * | 41,095 | 1,433,394 |
Coursera, Inc. * | 260,744 | 3,243,655 |
Cracker Barrel Old Country Store, Inc. | 50,554 | 5,366,813 |
Dave & Buster's Entertainment, Inc. * | 97,898 | 3,471,463 |
Denny's Corp. * | 127,654 | 1,431,001 |
Dine Brands Global, Inc. | 33,841 | 2,197,296 |
Duolingo, Inc. * | 54,938 | 7,480,358 |
El Pollo Loco Holdings, Inc. | 44,232 | 412,242 |
European Wax Center, Inc., Class A * | 55,832 | 1,051,875 |
Everi Holdings, Inc. * | 197,438 | 3,001,058 |
F45 Training Holdings, Inc. * | 83,115 | 70,656 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
First Watch Restaurant Group, Inc. * | 34,532 | 555,275 |
Frontdoor, Inc. * | 189,108 | 5,173,995 |
Full House Resorts, Inc. * | 74,720 | 526,029 |
Golden Entertainment, Inc. * | 45,789 | 1,930,464 |
Graham Holdings Co., Class B | 8,420 | 4,846,299 |
Hilton Grand Vacations, Inc. * | 196,119 | 8,393,893 |
Inspirato, Inc. * | 45,298 | 34,426 |
Inspired Entertainment, Inc. * | 48,511 | 620,941 |
International Game Technology plc | 224,307 | 6,311,999 |
Jack in the Box, Inc. | 47,387 | 4,392,301 |
Krispy Kreme, Inc. | 164,299 | 2,526,919 |
Kura Sushi USA, Inc., Class A * | 10,633 | 732,826 |
Laureate Education, Inc. | 306,687 | 3,799,852 |
Life Time Group Holdings, Inc. * | 95,738 | 1,990,393 |
Light & Wonder, Inc. * | 215,701 | 13,004,613 |
Lindblad Expeditions Holdings, Inc. * | 76,136 | 861,098 |
Monarch Casino & Resort, Inc. | 30,305 | 2,101,955 |
NEOGAMES S.A. * | 30,179 | 405,908 |
Nerdy, Inc. * | 127,336 | 505,524 |
Noodles & Co. * | 92,816 | 458,511 |
OneSpaWorld Holdings Ltd. * | 151,040 | 1,812,480 |
Papa John's International, Inc. | 74,504 | 5,572,154 |
Perdoceo Education Corp. * | 153,746 | 1,995,623 |
Portillo's, Inc., Class A * | 73,046 | 1,579,255 |
RCI Hospitality Holdings, Inc. | 19,737 | 1,478,301 |
Red Rock Resorts, Inc., Class A | 115,851 | 5,653,529 |
Rover Group, Inc. * | 212,814 | 964,047 |
Rush Street Interactive, Inc. * | 138,345 | 430,253 |
Ruth's Hospitality Group, Inc. | 72,622 | 1,173,572 |
Sabre Corp. * | 744,855 | 2,979,420 |
SeaWorld Entertainment, Inc. * | 90,775 | 4,870,986 |
Shake Shack, Inc., Class A * | 85,715 | 4,698,039 |
Sonder Holdings, Inc. *(a) | 425,418 | 174,464 |
Strategic Education, Inc. | 51,870 | 4,564,560 |
Stride, Inc. * | 95,888 | 4,119,348 |
Sweetgreen, Inc., Class A * | 202,461 | 1,607,540 |
Target Hospitality Corp. * | 66,362 | 836,825 |
Texas Roadhouse, Inc. | 153,114 | 16,937,471 |
The Beachbody Co., Inc. * | 229,991 | 107,314 |
The Cheesecake Factory, Inc. | 110,480 | 3,722,071 |
The ONE Group Hospitality, Inc. * | 51,276 | 401,491 |
Udemy, Inc. * | 166,784 | 1,516,067 |
Universal Technical Institute, Inc. * | 76,331 | 538,897 |
Vacasa, Inc., Class A * | 259,087 | 206,389 |
Wingstop, Inc. | 68,467 | 13,700,931 |
WW International, Inc. * | 125,637 | 1,049,069 |
Xponential Fitness, Inc., Class A * | 46,766 | 1,547,019 |
199,391,269 | ||
Consumer Staples Distribution & Retail 0.6% | ||
HF Foods Group, Inc. * | 86,147 | 337,696 |
Ingles Markets, Inc., Class A | 32,499 | 2,991,208 |
Natural Grocers by Vitamin Cottage, Inc. | 21,758 | 234,769 |
PriceSmart, Inc. | 58,586 | 4,316,617 |
Rite Aid Corp. *(a) | 125,164 | 262,844 |
SpartanNash Co. | 79,544 | 1,950,419 |
Sprouts Farmers Market, Inc. * | 241,946 | 8,385,848 |
The Andersons, Inc. | 73,143 | 3,269,492 |
The Chefs' Warehouse, Inc. * | 78,017 | 2,594,845 |
United Natural Foods, Inc. * | 136,252 | 3,715,592 |
Village Super Market, Inc., Class A | 19,300 | 422,477 |
Weis Markets, Inc. | 37,542 | 3,096,840 |
31,578,647 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Energy 6.4% | ||
Aemetis, Inc. *(a) | 67,039 | 148,827 |
Amplify Energy Corp. * | 82,506 | 570,116 |
Arch Resources, Inc. | 33,931 | 4,148,065 |
Archrock, Inc. | 309,086 | 3,180,495 |
Ardmore Shipping Corp. | 93,804 | 1,377,981 |
Battalion Oil Corp. * | 5,513 | 38,811 |
Berry Corp. | 174,603 | 1,333,967 |
Borr Drilling Ltd. * | 459,706 | 3,194,957 |
Bristow Group, Inc. * | 53,662 | 1,200,419 |
Cactus, Inc., Class A | 142,800 | 5,780,544 |
California Resources Corp. | 169,095 | 6,848,347 |
Callon Petroleum Co. * | 112,553 | 3,730,006 |
Centrus Energy Corp., Class A * | 24,223 | 709,734 |
ChampionX Corp. | 457,344 | 12,384,875 |
Chord Energy Corp. | 94,829 | 13,497,012 |
Civitas Resources, Inc. | 168,352 | 11,624,706 |
Clean Energy Fuels Corp. * | 386,527 | 1,650,470 |
CNX Resources Corp. * | 384,092 | 5,964,949 |
Comstock Resources, Inc. | 209,812 | 2,412,838 |
CONSOL Energy, Inc. | 78,448 | 4,655,104 |
Crescent Energy Co., Class A | 89,593 | 1,041,071 |
CVR Energy, Inc. | 67,774 | 1,785,167 |
Delek US Holdings, Inc. | 158,325 | 3,443,569 |
Denbury, Inc. * | 114,428 | 10,685,287 |
DHT Holdings, Inc. | 313,608 | 2,976,140 |
Diamond Offshore Drilling, Inc. * | 230,648 | 2,650,145 |
DMC Global, Inc. * | 42,680 | 808,359 |
Dorian LPG Ltd. | 70,493 | 1,566,354 |
Dril-Quip, Inc. * | 76,763 | 2,094,095 |
Earthstone Energy, Inc., Class A * | 100,036 | 1,356,488 |
Empire Petroleum Corp. * | 23,361 | 253,467 |
Energy Fuels, Inc. *(a) | 357,894 | 2,043,575 |
Equitrans Midstream Corp. | 940,117 | 4,841,603 |
Excelerate Energy, Inc., Class A | 42,173 | 906,719 |
Expro Group Holdings N.V. * | 198,079 | 3,939,791 |
FLEX LNG Ltd. | 65,663 | 2,259,464 |
Frontline plc | 285,244 | 4,412,725 |
Gevo, Inc. * | 446,686 | 518,156 |
Golar LNG Ltd. * | 230,757 | 5,238,184 |
Green Plains, Inc. * | 122,733 | 4,193,787 |
Gulfport Energy Corp. * | 24,997 | 2,261,229 |
Helix Energy Solutions Group, Inc. * | 325,969 | 2,363,275 |
Helmerich & Payne, Inc. | 234,735 | 7,783,813 |
HighPeak Energy, Inc. | 15,976 | 315,686 |
International Seaways, Inc. | 111,304 | 4,432,125 |
Kinetik Holdings, Inc. | 38,142 | 1,174,774 |
Kosmos Energy Ltd. * | 1,030,852 | 6,597,453 |
Liberty Energy, Inc. | 307,636 | 3,940,817 |
Magnolia Oil & Gas Corp., Class A | 398,008 | 8,405,929 |
Matador Resources Co. | 257,017 | 12,601,543 |
Murphy Oil Corp. | 336,478 | 12,352,107 |
Nabors Industries Ltd. * | 20,659 | 2,060,529 |
NACCO Industries, Inc., Class A | 9,219 | 332,990 |
Newpark Resources, Inc. * | 196,002 | 784,008 |
NextDecade Corp. * | 84,310 | 525,251 |
NexTier Oilfield Solutions, Inc. * | 401,872 | 3,247,126 |
Noble Corp. plc * | 192,567 | 7,404,201 |
Nordic American Tankers Ltd. | 469,011 | 1,655,609 |
Northern Oil and Gas, Inc. | 150,909 | 5,005,652 |
Oceaneering International, Inc. * | 228,117 | 4,044,514 |
Oil States International, Inc. * | 144,066 | 1,014,225 |
Par Pacific Holdings, Inc. * | 111,389 | 2,609,844 |
Patterson-UTI Energy, Inc. | 489,930 | 5,482,317 |
PBF Energy, Inc., Class A | 270,317 | 9,423,251 |
Peabody Energy Corp. * | 268,815 | 6,456,936 |
Permian Resources Corp. | 537,119 | 5,612,894 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
ProFrac Holding Corp., Class A * | 53,130 | 595,056 |
ProPetro Holding Corp. * | 199,426 | 1,384,016 |
Ranger Oil Corp., Class A | 43,755 | 1,802,706 |
REX American Resources Corp. * | 35,667 | 1,009,019 |
Riley Exploration Permian, Inc. | 24,383 | 1,024,330 |
Ring Energy, Inc. * | 218,706 | 395,858 |
RPC, Inc. | 170,777 | 1,262,042 |
SandRidge Energy, Inc. * | 72,751 | 1,030,882 |
Scorpio Tankers, Inc. | 107,401 | 5,611,702 |
Select Energy Services, Inc., Class A | 164,041 | 1,218,825 |
SFL Corp., Ltd. | 263,023 | 2,390,879 |
SilverBow Resources, Inc. * | 27,099 | 646,311 |
Sitio Royalties Corp., Class A | 162,401 | 4,123,358 |
SM Energy Co. | 276,467 | 7,763,193 |
Solaris Oilfield Infrastructure, Inc., Class A | 72,814 | 559,211 |
Talos Energy, Inc. * | 159,915 | 2,179,641 |
Teekay Corp. * | 157,995 | 892,672 |
Teekay Tankers Ltd., Class A * | 52,130 | 2,110,744 |
Tellurian, Inc. * | 1,163,031 | 1,651,504 |
TETRA Technologies, Inc. * | 282,649 | 805,550 |
Tidewater, Inc. * | 106,411 | 4,791,687 |
Uranium Energy Corp. * | 814,533 | 2,125,931 |
Ur-Energy, Inc. * | 471,434 | 439,895 |
US Silica Holdings, Inc. * | 168,729 | 2,201,913 |
VAALCO Energy, Inc. | 241,490 | 1,033,577 |
Valaris Ltd. * | 139,123 | 8,347,380 |
Vertex Energy, Inc. * | 123,457 | 975,310 |
Vital Energy, Inc. * | 37,784 | 1,758,089 |
W&T Offshore, Inc. * | 214,702 | 938,248 |
Weatherford International plc * | 161,414 | 10,432,187 |
World Fuel Services Corp. | 140,314 | 3,317,023 |
334,173,206 | ||
Equity Real Estate Investment Trusts (REITs) 5.6% | ||
Acadia Realty Trust | 212,804 | 2,874,982 |
Agree Realty Corp. | 199,855 | 13,588,141 |
Alexander & Baldwin, Inc. | 165,375 | 3,180,161 |
Alexander's, Inc. | 4,894 | 910,627 |
American Assets Trust, Inc. | 112,371 | 2,045,152 |
Apartment Investment & Management Co., Class A | 342,613 | 2,682,660 |
Apple Hospitality REIT, Inc. | 491,272 | 7,315,040 |
Armada Hoffler Properties, Inc. | 153,631 | 1,800,555 |
Ashford Hospitality Trust, Inc. * | 78,017 | 265,258 |
Bluerock Homes Trust, Inc. * | 8,593 | 169,798 |
Braemar Hotels & Resorts, Inc. | 145,811 | 554,082 |
Brandywine Realty Trust | 386,699 | 1,519,727 |
Broadstone Net Lease, Inc. | 395,099 | 6,388,751 |
BRT Apartments Corp. | 27,443 | 475,587 |
CareTrust REIT, Inc. | 225,656 | 4,398,035 |
CBL & Associates Properties, Inc. | 60,696 | 1,403,898 |
Centerspace | 34,387 | 1,938,739 |
Chatham Lodging Trust | 109,785 | 1,124,198 |
City Office REIT, Inc. | 88,535 | 515,274 |
Clipper Realty, Inc. | 29,039 | 152,455 |
Community Healthcare Trust, Inc. | 54,222 | 1,940,605 |
Corporate Office Properties Trust | 257,252 | 5,888,498 |
CTO Realty Growth, Inc. | 50,762 | 854,832 |
DiamondRock Hospitality Co. | 479,620 | 3,889,718 |
Diversified Healthcare Trust | 549,994 | 502,365 |
Easterly Government Properties, Inc. | 208,446 | 2,932,835 |
Elme Communities | 199,513 | 3,437,609 |
Empire State Realty Trust, Inc., Class A | 303,036 | 1,851,550 |
Equity Commonwealth | 239,587 | 4,964,243 |
Essential Properties Realty Trust, Inc. | 320,977 | 7,944,181 |
Farmland Partners, Inc. | 114,529 | 1,195,683 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Four Corners Property Trust, Inc. | 191,156 | 4,876,390 |
Franklin Street Properties Corp. | 231,550 | 268,598 |
Getty Realty Corp. | 96,421 | 3,213,712 |
Gladstone Commercial Corp. | 90,103 | 1,075,830 |
Gladstone Land Corp. | 73,698 | 1,187,275 |
Global Medical REIT, Inc. | 139,306 | 1,292,760 |
Global Net Lease, Inc. | 237,347 | 2,672,527 |
Hersha Hospitality Trust, Class A | 71,030 | 447,489 |
Independence Realty Trust, Inc. | 512,785 | 8,537,870 |
Indus Realty Trust, Inc. | 12,044 | 801,769 |
Industrial Logistics Properties Trust | 146,817 | 302,443 |
Innovative Industrial Properties, Inc. | 63,482 | 4,351,691 |
InvenTrust Properties Corp. | 154,594 | 3,486,095 |
Kite Realty Group Trust | 497,685 | 10,312,033 |
LTC Properties, Inc. | 91,270 | 3,052,982 |
LXP Industrial Trust | 621,420 | 5,841,348 |
National Health Investors, Inc. | 95,434 | 4,749,750 |
NETSTREIT Corp. | 126,227 | 2,299,856 |
NexPoint Residential Trust, Inc. | 51,541 | 2,212,655 |
Office Properties Income Trust | 109,621 | 714,729 |
One Liberty Properties, Inc. | 37,406 | 823,680 |
Orion Office REIT, Inc. | 131,087 | 804,874 |
Outfront Media, Inc. | 334,534 | 5,573,336 |
Paramount Group, Inc. | 426,575 | 1,847,070 |
Pebblebrook Hotel Trust | 296,264 | 4,215,837 |
Phillips Edison & Co., Inc. | 267,534 | 8,438,022 |
Physicians Realty Trust | 520,269 | 7,502,279 |
Piedmont Office Realty Trust, Inc., Class A | 279,972 | 1,822,618 |
Plymouth Industrial REIT, Inc. | 86,221 | 1,745,113 |
Postal Realty Trust, Inc., Class A | 40,500 | 622,485 |
PotlatchDeltic Corp. | 181,708 | 8,400,361 |
Retail Opportunity Investments Corp. | 275,284 | 3,586,951 |
RLJ Lodging Trust | 366,865 | 3,705,336 |
RPT Realty | 192,678 | 1,791,905 |
Ryman Hospitality Properties, Inc. | 122,921 | 11,021,097 |
Sabra Health Care REIT, Inc. | 527,277 | 6,010,958 |
Safehold, Inc. | 91,402 | 2,533,663 |
Saul Centers, Inc. | 26,800 | 965,604 |
Service Properties Trust | 375,674 | 3,294,661 |
SITE Centers Corp. | 438,641 | 5,412,830 |
STAG Industrial, Inc. | 412,053 | 13,956,235 |
Star Holdings * | 29,059 | 469,012 |
Summit Hotel Properties, Inc. | 238,664 | 1,536,996 |
Sunstone Hotel Investors, Inc. | 484,758 | 4,619,744 |
Tanger Factory Outlet Centers, Inc. | 231,670 | 4,543,049 |
Terreno Realty Corp. | 184,254 | 11,348,204 |
The Macerich Co. | 492,252 | 4,917,597 |
The Necessity Retail REIT, Inc. | 304,349 | 1,676,963 |
UMH Properties, Inc. | 120,406 | 1,830,171 |
Uniti Group, Inc. | 542,130 | 1,854,085 |
Universal Health Realty Income Trust | 29,244 | 1,272,114 |
Urban Edge Properties | 261,130 | 3,830,777 |
Urstadt Biddle Properties, Inc., Class A | 65,313 | 1,124,690 |
Veris Residential, Inc. * | 196,778 | 3,217,320 |
Whitestone REIT | 106,190 | 950,401 |
Xenia Hotels & Resorts, Inc. | 261,252 | 3,307,450 |
290,976,529 | ||
Financial Services 5.5% | ||
AFC Gamma, Inc. | 36,531 | 442,756 |
Alerus Financial Corp. | 34,151 | 491,433 |
A-Mark Precious Metals, Inc. | 42,028 | 1,504,602 |
Angel Oak Mortgage, Inc. (a) | 27,502 | 212,590 |
Apollo Commercial Real Estate Finance, Inc. | 320,584 | 3,244,310 |
Arbor Realty Trust, Inc. (a) | 377,787 | 4,333,217 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Ares Commercial Real Estate Corp. | 118,110 | 1,016,927 |
ARMOUR Residential REIT, Inc. | 370,639 | 1,890,259 |
Artisan Partners Asset Management, Inc., Class A | 137,330 | 4,761,231 |
Assetmark Financial Holdings, Inc. * | 49,325 | 1,513,291 |
Associated Capital Group, Inc., Class A | 3,950 | 147,454 |
Atlanticus Holdings Corp. * | 9,469 | 276,116 |
Avantax, Inc. * | 109,027 | 2,766,015 |
AvidXchange Holdings, Inc. * | 333,981 | 2,481,479 |
B. Riley Financial, Inc. (a) | 47,443 | 1,494,455 |
Bakkt Holdings, Inc. *(a) | 130,143 | 175,693 |
Banco Latinoamericano de Comercio Exterior S.A., Class E | 62,867 | 1,131,606 |
BGC Partners, Inc., Class A | 721,540 | 3,268,576 |
Blackstone Mortgage Trust, Inc., Class A | 393,104 | 7,170,217 |
Bread Financial Holdings, Inc. | 114,126 | 3,149,878 |
Brightsphere Investment Group, Inc. | 73,944 | 1,669,656 |
BrightSpire Capital, Inc. | 215,311 | 1,227,273 |
Broadmark Realty Capital, Inc. | 296,624 | 1,456,424 |
Cannae Holdings, Inc. * | 158,505 | 2,891,131 |
Cantaloupe, Inc. * | 129,533 | 713,727 |
Cass Information Systems, Inc. | 30,805 | 1,126,847 |
Chicago Atlantic Real Estate Finance, Inc. | 12,008 | 170,033 |
Chimera Investment Corp. | 531,468 | 3,018,738 |
Claros Mortgage Trust, Inc. | 209,911 | 2,510,536 |
Cohen & Steers, Inc. | 57,951 | 3,480,537 |
Compass Diversified Holdings | 141,469 | 2,696,399 |
Consumer Portfolio Services, Inc. * | 20,848 | 217,028 |
Curo Group Holdings Corp. | 47,866 | 76,586 |
Diamond Hill Investment Group, Inc. | 6,523 | 1,057,509 |
Donnelley Financial Solutions, Inc. * | 58,055 | 2,510,879 |
Dynex Capital, Inc. | 120,529 | 1,429,474 |
Ellington Financial, Inc. | 144,877 | 1,850,079 |
Enact Holdings, Inc. | 68,160 | 1,645,382 |
Encore Capital Group, Inc. * | 52,926 | 2,719,338 |
Enova International, Inc. * | 70,370 | 3,090,650 |
Essent Group Ltd. | 240,631 | 10,219,599 |
EVERTEC, Inc. | 139,562 | 4,841,406 |
EZCORP, Inc., Class A * | 111,179 | 957,251 |
Federal Agricultural Mortgage Corp., Class C | 20,813 | 2,774,165 |
Federated Hermes, Inc. | 194,935 | 8,068,360 |
Finance Of America Cos., Inc., Class A * | 85,397 | 139,197 |
FirstCash Holdings, Inc. | 86,030 | 8,863,671 |
Flywire Corp. * | 130,392 | 3,803,535 |
Focus Financial Partners, Inc., Class A * | 132,512 | 6,882,673 |
Franklin BSP Realty Trust, Inc. | 190,045 | 2,400,268 |
GCM Grosvenor, Inc., Class A | 94,406 | 761,856 |
Granite Point Mortgage Trust, Inc. | 117,552 | 525,457 |
Green Dot Corp., Class A * | 107,223 | 1,843,163 |
Hamilton Lane, Inc., Class A | 82,100 | 6,049,128 |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 198,944 | 5,646,031 |
Home Point Capital, Inc. | 19,614 | 38,640 |
Houlihan Lokey, Inc. | 116,038 | 10,603,552 |
I3 Verticals, Inc., Class A * | 52,950 | 1,231,088 |
International Money Express, Inc. * | 71,486 | 1,842,909 |
Invesco Mortgage Capital, Inc. | 80,877 | 858,105 |
Jackson Financial, Inc., Class A | 170,807 | 6,150,760 |
KKR Real Estate Finance Trust, Inc. | 130,406 | 1,400,560 |
Ladder Capital Corp. REIT | 259,119 | 2,422,763 |
LendingClub Corp. * | 241,269 | 1,732,311 |
LendingTree, Inc. * | 23,882 | 569,108 |
MarketWise, Inc. * | 37,407 | 68,829 |
Marqeta, Inc., Class A * | 990,273 | 4,010,606 |
Merchants Bancorp | 35,991 | 834,991 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
MFA Financial, Inc. | 235,085 | 2,513,059 |
Moelis & Co., Class A | 145,585 | 5,514,760 |
MoneyGram International, Inc. * | 214,472 | 2,179,036 |
Moneylion, Inc. * | 10,913 | 101,491 |
Mr Cooper Group, Inc. * | 158,261 | 7,327,484 |
Navient Corp. | 233,044 | 3,854,548 |
Nelnet, Inc., Class A | 33,345 | 3,211,123 |
NerdWallet, Inc., Class A * | 59,667 | 809,681 |
New York Mortgage Trust, Inc. | 211,005 | 2,169,134 |
Nexpoint Real Estate Finance, Inc. | 18,128 | 252,342 |
NMI Holdings, Inc., Class A * | 187,106 | 4,378,280 |
Open Lending Corp., Class A * | 241,253 | 1,696,009 |
Oportun Financial Corp. * | 63,540 | 258,608 |
Oppenheimer Holdings, Inc., Class A | 18,203 | 680,610 |
OppFi, Inc. *(a) | 22,255 | 42,285 |
Orchid Island Capital, Inc. | 85,033 | 909,853 |
Payoneer Global, Inc. * | 503,285 | 2,747,936 |
Paysafe Ltd. * | 64,437 | 925,305 |
PennyMac Financial Services, Inc. | 61,072 | 3,816,389 |
PennyMac Mortgage Investment Trust | 203,493 | 2,529,418 |
Perella Weinberg Partners, Class A | 85,032 | 671,753 |
Piper Sandler Cos. | 39,709 | 5,378,187 |
PJT Partners, Inc., Class A | 53,987 | 3,712,686 |
PRA Group, Inc. * | 87,919 | 3,188,822 |
Priority Technology Holdings, Inc. * | 39,369 | 126,374 |
PROG Holdings, Inc. * | 113,973 | 3,445,404 |
Radian Group, Inc. | 359,493 | 8,724,895 |
Ready Capital Corp. | 163,025 | 1,749,258 |
Redwood Trust, Inc. | 260,171 | 1,633,874 |
Regional Management Corp. | 17,560 | 469,906 |
Remitly Global, Inc. * | 228,459 | 3,838,111 |
Repay Holdings Corp. * | 201,024 | 1,260,420 |
Sculptor Capital Management, Inc. | 56,257 | 468,621 |
Silvercrest Asset Management Group, Inc., Class A | 22,578 | 422,886 |
StepStone Group, Inc., Class A | 125,371 | 2,761,923 |
StoneCo Ltd., Class A * | 633,044 | 7,799,102 |
StoneX Group, Inc. * | 40,124 | 3,934,961 |
Sunlight Financial Holdings, Inc. * | 53,414 | 23,876 |
SWK Holdings Corp. * | 7,819 | 137,067 |
TPG RE Finance Trust, Inc. | 157,864 | 1,125,570 |
Two Harbors Investment Corp. | 221,480 | 3,085,216 |
Value Line, Inc. | 2,028 | 92,882 |
Velocity Financial, Inc. * | 19,685 | 179,527 |
Victory Capital Holdings, Inc., Class A | 36,607 | 1,117,978 |
Virtus Investment Partners, Inc. | 15,853 | 2,888,575 |
Walker & Dunlop, Inc. | 70,142 | 4,721,258 |
Waterstone Financial, Inc. | 43,388 | 600,924 |
WisdomTree, Inc. | 311,235 | 1,942,106 |
World Acceptance Corp. * | 8,988 | 906,889 |
284,896,715 | ||
Food, Beverage & Tobacco 2.1% | ||
22nd Century Group, Inc. * | 366,917 | 260,658 |
Alico, Inc. | 15,898 | 374,557 |
AppHarvest, Inc. *(a) | 234,728 | 108,937 |
B&G Foods, Inc. (a) | 161,988 | 2,598,288 |
Benson Hill, Inc. * | 388,140 | 411,428 |
Beyond Meat, Inc. *(a) | 140,032 | 1,896,033 |
Brookfield Realty Capital Corp., Class A *(a) | 60,583 | 315,637 |
Calavo Growers, Inc. | 39,315 | 1,256,507 |
Cal-Maine Foods, Inc. | 86,630 | 4,114,925 |
Celsius Holdings, Inc. * | 126,884 | 12,126,304 |
Coca-Cola Consolidated, Inc. | 10,727 | 6,323,137 |
Fresh Del Monte Produce, Inc. | 69,698 | 2,001,030 |
Hostess Brands, Inc. * | 304,821 | 7,852,189 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
J&J Snack Foods Corp. | 34,740 | 5,322,168 |
John B. Sanfilippo & Son, Inc. | 20,408 | 2,121,412 |
Lancaster Colony Corp. | 44,401 | 9,285,137 |
Lifecore Biomedical, Inc. * | 59,401 | 252,454 |
Local Bounti Corp. * | 145,053 | 77,603 |
MGP Ingredients, Inc. | 31,981 | 3,155,885 |
Mission Produce, Inc. * | 91,781 | 1,045,386 |
National Beverage Corp. * | 53,991 | 2,683,353 |
Primo Water Corp. | 359,884 | 5,466,638 |
Seneca Foods Corp., Class A * | 11,740 | 558,824 |
Sovos Brands, Inc. * | 87,835 | 1,506,370 |
SunOpta, Inc. * | 222,699 | 1,892,942 |
Tattooed Chef, Inc. *(a) | 110,153 | 169,636 |
The Duckhorn Portfolio, Inc. * | 95,921 | 1,448,407 |
The Hain Celestial Group, Inc. * | 204,565 | 3,667,850 |
The Simply Good Foods Co. * | 202,831 | 7,376,964 |
The Vita Coco Co., Inc. * | 63,584 | 1,376,594 |
Tootsie Roll Industries, Inc. | 36,812 | 1,504,883 |
TreeHouse Foods, Inc. * | 116,139 | 6,184,402 |
Turning Point Brands, Inc. | 33,542 | 797,964 |
Universal Corp. | 55,214 | 3,030,696 |
Utz Brands, Inc. | 150,435 | 2,844,726 |
Vector Group Ltd. | 327,970 | 4,178,338 |
Vintage Wine Estates, Inc. * | 73,494 | 98,482 |
Vital Farms, Inc. * | 67,843 | 873,818 |
Whole Earth Brands, Inc. * | 90,458 | 217,099 |
106,777,661 | ||
Health Care Equipment & Services 7.3% | ||
23andMe Holding Co., Class A * | 590,171 | 1,162,637 |
Accolade, Inc. * | 151,745 | 2,053,110 |
AdaptHealth Corp. * | 164,712 | 1,956,779 |
Addus HomeCare Corp. * | 35,267 | 2,882,725 |
Agiliti, Inc. * | 63,393 | 1,059,931 |
AirSculpt Technologies, Inc. (a) | 27,204 | 133,300 |
Alignment Healthcare, Inc. * | 225,580 | 1,418,898 |
Alphatec Holdings, Inc. * | 165,095 | 2,383,972 |
American Well Corp., Class A * | 524,179 | 1,147,952 |
AMN Healthcare Services, Inc. * | 98,809 | 8,532,157 |
AngioDynamics, Inc. * | 85,656 | 712,658 |
Apollo Medical Holdings, Inc. * | 88,781 | 3,150,838 |
Artivion, Inc. * | 89,584 | 1,242,530 |
ATI Physical Therapy, Inc. * | 164,381 | 44,613 |
AtriCure, Inc. * | 104,252 | 4,586,046 |
Atrion Corp. | 3,097 | 1,905,584 |
Avanos Medical, Inc. * | 105,444 | 3,114,816 |
Aveanna Healthcare Holdings, Inc. * | 97,815 | 120,312 |
AxoGen, Inc. * | 92,876 | 837,742 |
Axonics, Inc. * | 111,931 | 6,431,555 |
Babylon Holdings Ltd., Class A *(a) | 9,569 | 76,169 |
Bioventus, Inc., Class A * | 71,493 | 72,208 |
Brookdale Senior Living, Inc. * | 427,642 | 1,834,584 |
Butterfly Network, Inc. *(a) | 301,483 | 651,203 |
Cano Health, Inc. * | 374,093 | 433,948 |
CareMax, Inc. * | 132,824 | 334,717 |
Castle Biosciences, Inc. * | 56,129 | 1,270,199 |
Cerus Corp. * | 397,024 | 917,125 |
Clover Health Investments Corp. * | 878,699 | 649,007 |
Community Health Systems, Inc. * | 286,451 | 1,816,099 |
Computer Programs & Systems, Inc. * | 32,111 | 831,033 |
CONMED Corp. | 66,462 | 8,345,633 |
CorVel Corp. * | 19,936 | 4,027,670 |
Cross Country Healthcare, Inc. * | 81,440 | 1,790,051 |
Cue Health, Inc. * | 253,153 | 199,206 |
Cutera, Inc. * | 38,070 | 867,996 |
DocGo, Inc. * | 188,777 | 1,604,605 |
Embecta Corp. | 131,463 | 3,648,098 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Evolent Health, Inc., Class A * | 187,223 | 6,816,789 |
Figs, Inc., Class A * | 290,722 | 2,093,198 |
Fulgent Genetics, Inc. * | 47,888 | 1,416,048 |
GeneDx Holdings Corp. * | 672,027 | 183,867 |
Glaukos Corp. * | 104,506 | 4,965,080 |
Haemonetics Corp. * | 114,449 | 9,580,526 |
Health Catalyst, Inc. * | 125,654 | 1,583,240 |
HealthEquity, Inc. * | 189,539 | 10,130,860 |
HealthStream, Inc. | 55,398 | 1,365,007 |
Heska Corp. * | 22,074 | 2,586,190 |
Hims & Hers Health, Inc. * | 277,603 | 3,217,419 |
Inari Medical, Inc. * | 110,172 | 7,317,624 |
Innovage Holding Corp. * | 43,811 | 267,685 |
Inogen, Inc. * | 52,126 | 693,797 |
Inspire Medical Systems, Inc. * | 65,309 | 17,478,648 |
Integer Holdings Corp. * | 75,236 | 6,195,685 |
Invitae Corp. *(a) | 554,235 | 753,760 |
iRadimed Corp. | 16,471 | 685,688 |
iRhythm Technologies, Inc. * | 68,884 | 9,051,358 |
Lantheus Holdings, Inc. * | 156,048 | 13,334,302 |
LeMaitre Vascular, Inc. | 44,458 | 2,400,732 |
LifeStance Health Group, Inc. *(a) | 165,147 | 1,345,948 |
LivaNova plc * | 122,645 | 5,874,696 |
Merit Medical Systems, Inc. * | 127,599 | 10,372,523 |
Mesa Laboratories, Inc. | 11,642 | 1,938,509 |
ModivCare, Inc. * | 28,847 | 1,834,669 |
Multiplan Corp. * | 858,275 | 839,650 |
Nano-X Imaging Ltd. *(a) | 103,755 | 633,943 |
National HealthCare Corp. | 28,773 | 1,666,244 |
National Research Corp. | 32,253 | 1,403,973 |
Neogen Corp. * | 495,367 | 8,530,220 |
NeoGenomics, Inc. * | 287,660 | 4,205,589 |
Nevro Corp. * | 79,519 | 2,327,521 |
NextGen Healthcare, Inc. * | 125,260 | 2,096,852 |
Nutex Health, Inc. *(a) | 584,864 | 332,320 |
NuVasive, Inc. * | 119,684 | 5,151,199 |
OmniAb, Inc., Class A *(b) | 12,825 | 0 |
OmniAb, Inc., Class B *(b) | 12,825 | 0 |
Omnicell, Inc. * | 101,406 | 6,162,443 |
OPKO Health, Inc. * | 924,227 | 1,358,614 |
OptimizeRx Corp. * | 38,024 | 571,501 |
Option Care Health, Inc. * | 381,670 | 12,270,691 |
OraSure Technologies, Inc. * | 164,545 | 1,118,906 |
Orthofix Medical, Inc. * | 78,641 | 1,480,810 |
OrthoPediatrics Corp. * | 34,670 | 1,748,755 |
Outset Medical, Inc. * | 110,680 | 1,991,133 |
Owens & Minor, Inc. * | 168,209 | 2,613,968 |
Owlet, Inc. * | 162,168 | 50,807 |
P3 Health Partners, Inc. * | 53,634 | 68,115 |
Paragon 28, Inc. * | 111,215 | 2,048,580 |
Patterson Cos., Inc. | 199,112 | 5,397,926 |
Pediatrix Medical Group, Inc. * | 186,963 | 2,679,180 |
PetIQ, Inc. * | 62,415 | 735,873 |
Phreesia, Inc. * | 113,663 | 3,596,297 |
Privia Health Group, Inc. * | 117,883 | 3,257,107 |
PROCEPT BioRobotics Corp. * | 59,103 | 1,796,140 |
Progyny, Inc. * | 172,625 | 5,738,055 |
Pulmonx Corp. * | 78,511 | 922,504 |
R1 RCM, Inc. * | 342,695 | 5,342,615 |
RadNet, Inc. * | 113,698 | 3,144,887 |
RxSight, Inc. * | 54,689 | 978,933 |
Schrodinger, Inc. * | 123,483 | 3,645,218 |
Select Medical Holdings Corp. | 237,732 | 7,250,826 |
Senseonics Holdings, Inc. *(a) | 1,073,776 | 639,004 |
Sharecare, Inc. * | 680,478 | 1,047,936 |
Shockwave Medical, Inc. * | 81,304 | 23,591,169 |
SI-BONE, Inc. * | 77,821 | 1,719,844 |
Sight Sciences, Inc. * | 50,752 | 490,772 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Silk Road Medical, Inc. * | 85,633 | 3,769,565 |
Simulations Plus, Inc. | 35,787 | 1,494,107 |
STAAR Surgical Co. * | 109,509 | 7,717,099 |
Surgery Partners, Inc. * | 117,468 | 4,658,781 |
Surmodics, Inc. * | 30,949 | 713,065 |
Tactile Systems Technology, Inc. * | 45,154 | 823,157 |
Tenon Medical, Inc. *(a) | 16,978 | 31,409 |
The Ensign Group, Inc. | 122,981 | 11,940,225 |
The Joint Corp. * | 32,438 | 512,196 |
The Oncology Institute, Inc. * | 76,583 | 39,057 |
The Pennant Group, Inc. * | 59,340 | 823,046 |
TransMedics Group, Inc. * | 69,682 | 5,511,846 |
Treace Medical Concepts, Inc. * | 83,831 | 2,053,021 |
U.S. Physical Therapy, Inc. | 29,353 | 3,124,920 |
UFP Technologies, Inc. * | 15,618 | 2,152,785 |
Utah Medical Products, Inc. | 7,907 | 749,900 |
Varex Imaging Corp. * | 88,127 | 1,563,373 |
Veradigm, Inc. * | 245,576 | 3,067,244 |
Vicarious Surgical, Inc. *(a) | 124,806 | 280,814 |
ViewRay, Inc. * | 336,096 | 396,593 |
Zimvie, Inc. * | 47,407 | 390,160 |
Zynex, Inc. * | 48,640 | 556,442 |
380,746,479 | ||
Household & Personal Products 1.2% | ||
BellRing Brands, Inc. * | 305,409 | 10,991,670 |
Central Garden & Pet Co. * | 22,505 | 829,084 |
Central Garden & Pet Co., Class A * | 91,422 | 3,229,939 |
Edgewell Personal Care Co. | 117,725 | 5,141,051 |
elf Beauty, Inc. * | 112,314 | 10,418,247 |
Energizer Holdings, Inc. | 162,901 | 5,445,780 |
Herbalife Nutrition Ltd. * | 223,653 | 3,323,484 |
Inter Parfums, Inc. | 40,996 | 6,222,783 |
Medifast, Inc. | 24,799 | 2,272,828 |
Nature's Sunshine Products, Inc. * | 31,391 | 344,045 |
Nu Skin Enterprises, Inc., Class A | 112,386 | 4,434,752 |
The Beauty Health Co. * | 199,524 | 2,286,545 |
The Honest Co., Inc. * | 148,328 | 246,224 |
Thorne HealthTech, Inc. * | 32,530 | 143,457 |
USANA Health Sciences, Inc. * | 25,717 | 1,706,837 |
Veru, Inc. *(a) | 145,629 | 184,949 |
WD-40 Co. | 31,199 | 5,940,290 |
63,161,965 | ||
Insurance 2.2% | ||
Ambac Financial Group, Inc. * | 101,286 | 1,615,512 |
American Equity Investment Life Holding Co. | 161,679 | 6,231,109 |
AMERISAFE, Inc. | 43,442 | 2,417,547 |
Argo Group International Holdings Ltd. | 72,720 | 2,138,695 |
Bright Health Group, Inc. * | 439,758 | 70,669 |
BRP Group, Inc., Class A * | 138,637 | 3,492,266 |
CNO Financial Group, Inc. | 259,293 | 5,818,535 |
Crawford & Co., Class A | 35,295 | 318,714 |
Donegal Group, Inc., Class A | 35,355 | 497,798 |
eHealth, Inc. * | 56,480 | 338,880 |
Employers Holdings, Inc. | 62,146 | 2,460,360 |
Enstar Group Ltd. * | 25,677 | 6,177,886 |
Genworth Financial, Inc., Class A * | 1,130,086 | 6,565,800 |
Goosehead Insurance, Inc., Class A * | 43,469 | 2,499,468 |
Greenlight Capital Re Ltd., Class A * | 59,457 | 581,489 |
HCI Group, Inc. | 14,206 | 719,676 |
Hippo Holdings, Inc. * | 39,674 | 723,658 |
Horace Mann Educators Corp. | 93,864 | 2,936,066 |
Investors Title Co. | 2,963 | 440,835 |
James River Group Holdings Ltd. | 83,736 | 1,630,340 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Kinsale Capital Group, Inc. | 49,432 | 16,149,929 |
Lemonade, Inc. * | 107,309 | 1,163,230 |
MBIA, Inc. * | 110,026 | 1,106,862 |
Mercury General Corp. | 61,385 | 1,866,718 |
National Western Life Group, Inc., Class A | 5,204 | 1,326,916 |
NI Holdings, Inc. * | 19,074 | 257,308 |
Oscar Health, Inc., Class A * | 276,015 | 1,857,581 |
Palomar Holdings, Inc. * | 55,334 | 2,781,087 |
ProAssurance Corp. | 123,445 | 2,217,072 |
RLI Corp. | 89,160 | 12,397,698 |
Root, Inc., Class A *(a) | 17,055 | 73,166 |
Safety Insurance Group, Inc. | 32,556 | 2,379,518 |
Selective Insurance Group, Inc. | 136,265 | 13,126,407 |
Selectquote, Inc. * | 305,430 | 323,756 |
SiriusPoint Ltd. * | 210,248 | 1,827,055 |
Skyward Specialty Insurance Group, Inc. * | 23,445 | 501,254 |
Stewart Information Services Corp. | 61,378 | 2,556,394 |
Tiptree, Inc. | 56,990 | 784,752 |
Trupanion, Inc. * | 89,230 | 3,132,865 |
United Fire Group, Inc. | 49,049 | 1,319,418 |
Universal Insurance Holdings, Inc. | 59,023 | 910,135 |
115,734,424 | ||
Materials 4.5% | ||
5E Advanced Materials, Inc. *(a) | 88,680 | 374,230 |
AdvanSix, Inc. | 61,076 | 2,301,344 |
Alpha Metallurgical Resources, Inc. | 34,807 | 5,101,314 |
Alto Ingredients, Inc. * | 163,263 | 213,875 |
American Vanguard Corp. | 64,244 | 1,236,697 |
Amyris, Inc. * | 462,597 | 378,219 |
Arconic Corp. * | 231,828 | 5,737,743 |
Aspen Aerogels, Inc. * | 113,902 | 713,026 |
ATI, Inc. * | 283,393 | 10,944,638 |
Avient Corp. | 207,912 | 8,006,691 |
Balchem Corp. | 72,764 | 9,561,190 |
Cabot Corp. | 127,030 | 9,115,673 |
Carpenter Technology Corp. | 109,256 | 5,762,161 |
Century Aluminum Co. * | 118,674 | 1,019,410 |
Chase Corp. | 17,283 | 1,889,550 |
Clearwater Paper Corp. * | 38,422 | 1,387,034 |
Coeur Mining, Inc. * | 636,787 | 2,165,076 |
Commercial Metals Co. | 266,802 | 12,456,985 |
Compass Minerals International, Inc. | 78,190 | 2,559,159 |
Constellium SE * | 289,073 | 4,292,734 |
Dakota Gold Corp. * | 119,481 | 393,092 |
Danimer Scientific, Inc. *(a) | 208,940 | 660,250 |
Diversey Holdings Ltd. * | 178,585 | 1,451,896 |
Ecovyst, Inc. * | 192,673 | 2,186,839 |
Eightco Holdings, Inc. * | 3,083 | 5,888 |
FutureFuel Corp. | 58,844 | 441,330 |
Glatfelter Corp. | 103,013 | 465,619 |
Greif, Inc., Class A | 56,706 | 3,560,570 |
Greif, Inc., Class B | 12,054 | 949,132 |
H.B. Fuller Co. | 122,694 | 8,118,662 |
Hawkins, Inc. | 44,118 | 1,779,720 |
Haynes International, Inc. | 28,423 | 1,336,165 |
Hecla Mining Co. | 1,263,221 | 7,642,487 |
Hycroft Mining Holding Corp. * | 351,799 | 132,945 |
Ingevity Corp. * | 85,695 | 6,147,759 |
Innospec, Inc. | 56,535 | 5,745,652 |
Intrepid Potash, Inc. * | 25,579 | 659,427 |
Ivanhoe Electric, Inc. * | 106,344 | 1,266,557 |
Kaiser Aluminum Corp. | 36,239 | 2,381,627 |
Koppers Holdings, Inc. | 46,532 | 1,526,715 |
Kronos Worldwide, Inc. | 49,799 | 463,131 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Livent Corp. * | 370,165 | 8,088,105 |
LSB Industries, Inc. * | 168,382 | 1,503,651 |
Materion Corp. | 46,647 | 5,052,337 |
Mativ Holdings, Inc. | 124,017 | 2,402,210 |
Minerals Technologies, Inc. | 73,876 | 4,377,892 |
Myers Industries, Inc. | 82,991 | 1,572,679 |
Novagold Resources, Inc. * | 545,327 | 2,966,579 |
O-I Glass, Inc. * | 351,377 | 7,895,441 |
Olympic Steel, Inc. | 22,001 | 1,024,587 |
Origin Materials, Inc. * | 238,587 | 942,419 |
Orion Engineered Carbons S.A. | 138,347 | 3,349,381 |
Pactiv Evergreen, Inc. | 98,451 | 777,763 |
Perimeter Solutions S.A. * | 267,240 | 1,998,955 |
Piedmont Lithium, Inc. * | 39,610 | 2,277,575 |
PolyMet Mining Corp. * | 66,038 | 120,189 |
PureCycle Technologies, Inc. *(a) | 242,961 | 1,596,254 |
Quaker Chemical Corp. | 30,944 | 5,775,079 |
Ramaco Resources, Inc. | 50,596 | 411,345 |
Ranpak Holdings Corp. * | 98,644 | 402,468 |
Rayonier Advanced Materials, Inc. * | 139,838 | 760,719 |
Ryerson Holding Corp. | 44,466 | 1,679,481 |
Schnitzer Steel Industries, Inc., Class A | 58,727 | 1,696,623 |
Sensient Technologies Corp. | 95,790 | 7,132,523 |
Stepan Co. | 48,805 | 4,499,821 |
Summit Materials, Inc., Class A * | 271,538 | 7,442,844 |
SunCoke Energy, Inc. | 190,617 | 1,483,000 |
Sylvamo Corp. | 77,851 | 3,567,133 |
TimkenSteel Corp. * | 100,946 | 1,689,836 |
Tredegar Corp. | 62,187 | 583,314 |
TriMas Corp. | 95,743 | 2,432,830 |
Trinseo plc | 80,119 | 1,451,756 |
Tronox Holdings plc, Class A | 266,831 | 3,652,916 |
United States Lime & Minerals, Inc. | 4,589 | 738,370 |
Valhi, Inc. | 5,287 | 82,107 |
Warrior Met Coal, Inc. | 117,753 | 4,070,721 |
Worthington Industries, Inc. | 71,641 | 4,254,759 |
232,285,874 | ||
Media & Entertainment 1.9% | ||
AdTheorent Holding Co., Inc. *(a) | 80,170 | 120,255 |
Advantage Solutions, Inc. * | 187,093 | 239,479 |
AMC Networks, Inc., Class A * | 69,542 | 1,230,198 |
Audacy, Inc., Class A * | 266,264 | 31,366 |
Boston Omaha Corp., Class A * | 50,353 | 1,030,222 |
Bumble, Inc., Class A * | 229,062 | 4,171,219 |
Cardlytics, Inc. * | 71,994 | 467,241 |
Cargurus, Inc. * | 233,442 | 3,837,786 |
Cars.com, Inc. * | 151,181 | 2,958,612 |
Cinemark Holdings, Inc. * | 248,805 | 4,199,828 |
Clear Channel Outdoor Holdings, Inc. * | 836,758 | 1,062,683 |
Cumulus Media, Inc., Class A * | 39,067 | 137,321 |
Daily Journal Corp. * | 2,781 | 759,630 |
DHI Group, Inc. * | 96,422 | 353,869 |
Entravision Communications Corp., Class A | 136,911 | 855,694 |
Eventbrite, Inc., Class A * | 178,016 | 1,294,176 |
EverQuote, Inc., Class A * | 46,056 | 321,010 |
fuboTV, Inc. *(a) | 428,331 | 488,297 |
Gambling.com Group Ltd. * | 20,244 | 198,796 |
Gannett Co., Inc. * | 331,735 | 630,297 |
Gray Television, Inc. | 187,821 | 1,448,100 |
iHeartMedia, Inc., Class A * | 275,448 | 955,805 |
IMAX Corp. * | 107,463 | 2,251,350 |
Innovid Corp. * | 174,275 | 163,644 |
Integral Ad Science Holding Corp. * | 87,121 | 1,370,413 |
John Wiley & Sons, Inc., Class A | 97,978 | 3,779,011 |
Leafly Holdings, Inc. * | 67,445 | 22,823 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Liberty Media Corp. - Liberty Braves, Class A * | 22,706 | 889,394 |
Liberty Media Corp. - Liberty Braves, Class C * | 86,247 | 3,279,111 |
Lions Gate Entertainment Corp., Class A * | 132,543 | 1,524,244 |
Lions Gate Entertainment Corp., Class B * | 264,477 | 2,821,970 |
Madison Square Garden Entertainment Corp. * | 59,552 | 1,921,743 |
Magnite, Inc. * | 301,535 | 2,834,429 |
MediaAlpha, Inc., Class A * | 56,617 | 418,966 |
Outbrain, Inc. * | 81,679 | 312,831 |
Playstudios, Inc. * | 182,292 | 798,439 |
PubMatic, Inc., Class A * | 99,053 | 1,353,064 |
QuinStreet, Inc. * | 115,763 | 1,286,127 |
Quotient Technology, Inc. * | 207,787 | 585,959 |
Reservoir Media, Inc. *(a) | 46,654 | 309,783 |
Scholastic Corp. | 67,163 | 2,583,761 |
Shutterstock, Inc. | 54,673 | 3,663,091 |
Sinclair Broadcast Group, Inc., Class A | 91,857 | 1,827,036 |
Skillz, Inc. * | 732,493 | 456,123 |
Sphere Entertainment Co. * | 59,552 | 1,675,793 |
Stagwell, Inc. * | 174,944 | 1,088,152 |
TechTarget, Inc. * | 61,888 | 2,109,762 |
TEGNA, Inc. | 508,439 | 8,694,307 |
The Arena Group Holdings, Inc. * | 26,032 | 106,731 |
The E.W. Scripps Co., Class A * | 134,430 | 1,133,245 |
The Marcus Corp. | 54,125 | 948,270 |
Thryv Holdings, Inc. * | 58,311 | 1,309,665 |
TrueCar, Inc. * | 202,495 | 520,412 |
Urban One, Inc. * | 24,134 | 140,219 |
Urban One, Inc. * | 19,434 | 138,759 |
Vimeo, Inc. * | 329,110 | 1,082,772 |
Vinco Ventures, Inc. * | 534,515 | 97,923 |
Vivid Seats, Inc., Class A *(a) | 58,160 | 417,589 |
Wejo Group Ltd. * | 129,037 | 50,324 |
WideOpenWest, Inc. * | 123,069 | 1,406,679 |
Yelp, Inc. * | 154,622 | 4,626,290 |
Ziff Davis, Inc. * | 104,252 | 7,624,991 |
ZipRecruiter, Inc., Class A * | 166,124 | 2,814,141 |
97,231,220 | ||
Pharmaceuticals, Biotechnology & Life Sciences 9.8% | ||
2seventy bio, Inc. * | 84,973 | 808,093 |
4D Molecular Therapeutics, Inc. * | 68,702 | 1,237,323 |
Aadi Bioscience, Inc. * | 32,925 | 255,498 |
AbCellera Biologics, Inc. * | 472,389 | 3,202,797 |
Absci Corp. * | 121,457 | 160,323 |
ACADIA Pharmaceuticals, Inc. * | 274,600 | 5,857,218 |
Aclaris Therapeutics, Inc. * | 147,655 | 1,312,653 |
Acrivon Therapeutics, Inc. * | 19,580 | 241,030 |
Adaptive Biotechnologies Corp. * | 255,277 | 1,822,678 |
Adicet Bio, Inc. * | 70,833 | 413,665 |
ADMA Biologics, Inc. * | 478,492 | 1,602,948 |
Aerovate Therapeutics, Inc. * | 20,978 | 439,909 |
Affimed N.V. * | 326,086 | 293,477 |
Agenus, Inc. * | 699,245 | 1,055,860 |
Agios Pharmaceuticals, Inc. * | 124,349 | 2,843,862 |
Akero Therapeutics, Inc. * | 79,616 | 3,562,020 |
Akoya Biosciences, Inc. * | 35,694 | 248,430 |
Alector, Inc. * | 142,425 | 940,005 |
Alkermes plc * | 372,288 | 10,628,822 |
Allogene Therapeutics, Inc. * | 183,106 | 994,266 |
Allovir, Inc. * | 70,302 | 241,839 |
Alpha Teknova, Inc. * | 13,552 | 25,613 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Alpine Immune Sciences, Inc. * | 53,556 | 401,134 |
ALX Oncology Holdings, Inc. * | 48,734 | 289,480 |
Amicus Therapeutics, Inc. * | 629,797 | 7,267,857 |
Amneal Pharmaceuticals, Inc. * | 241,598 | 466,284 |
Amphastar Pharmaceuticals, Inc. * | 87,369 | 3,125,189 |
Amylyx Pharmaceuticals, Inc. * | 115,175 | 3,270,970 |
AN2 Therapeutics, Inc. *(a) | 24,898 | 195,449 |
AnaptysBio, Inc. * | 46,638 | 971,003 |
Anavex Life Sciences Corp. *(a) | 157,993 | 1,286,063 |
ANI Pharmaceuticals, Inc. * | 28,953 | 1,092,107 |
Anika Therapeutics, Inc. * | 33,159 | 850,860 |
Apellis Pharmaceuticals, Inc. * | 214,153 | 17,866,785 |
Arbutus Biopharma Corp. * | 258,288 | 648,303 |
Arcellx, Inc. * | 67,317 | 2,873,090 |
Arcturus Therapeutics Holdings, Inc. * | 53,070 | 1,412,723 |
Arcus Biosciences, Inc. * | 117,623 | 2,099,571 |
Arcutis Biotherapeutics, Inc. * | 95,388 | 1,320,170 |
Arrowhead Pharmaceuticals, Inc. * | 235,066 | 8,323,687 |
Arvinas, Inc. * | 111,087 | 2,911,590 |
Atara Biotherapeutics, Inc. * | 217,139 | 588,447 |
Atea Pharmaceuticals, Inc. * | 173,489 | 567,309 |
Athira Pharma, Inc. * | 81,240 | 226,660 |
Aura Biosciences, Inc. * | 53,488 | 483,532 |
Aurinia Pharmaceuticals, Inc. * | 305,984 | 3,442,320 |
Avid Bioservices, Inc. * | 139,257 | 2,513,589 |
Avidity Biosciences, Inc. * | 149,508 | 1,853,899 |
Axsome Therapeutics, Inc. * | 73,246 | 5,239,286 |
Beam Therapeutics, Inc. * | 145,423 | 4,465,940 |
Berkeley Lights, Inc. * | 152,079 | 177,932 |
BioCryst Pharmaceuticals, Inc. * | 422,844 | 3,217,843 |
Biohaven Ltd. * | 144,169 | 1,885,731 |
BioLife Solutions, Inc. * | 77,183 | 1,355,333 |
Bionano Genomics, Inc. *(a) | 680,487 | 468,107 |
Bioxcel Therapeutics, Inc. * | 43,391 | 894,722 |
Bluebird Bio, Inc. * | 233,280 | 1,014,768 |
Blueprint Medicines Corp. * | 136,472 | 6,966,896 |
Bridgebio Pharma, Inc. * | 242,224 | 3,517,092 |
C4 Therapeutics, Inc. * | 94,119 | 284,239 |
Cara Therapeutics, Inc. * | 101,763 | 427,405 |
CareDx, Inc. * | 115,528 | 934,622 |
Caribou Biosciences, Inc. * | 129,288 | 555,938 |
Cassava Sciences, Inc. *(a) | 86,893 | 2,017,655 |
Catalyst Pharmaceuticals, Inc. * | 221,086 | 3,519,689 |
Celldex Therapeutics, Inc. * | 104,807 | 3,295,132 |
Celularity, Inc. * | 147,031 | 86,822 |
Century Therapeutics, Inc. * | 45,787 | 143,313 |
Cerevel Therapeutics Holdings, Inc. * | 130,756 | 3,797,154 |
Chimerix, Inc. * | 192,052 | 222,780 |
Chinook Therapeutics, Inc. * | 115,550 | 2,312,155 |
Codexis, Inc. * | 138,989 | 544,837 |
Cogent Biosciences, Inc. * | 146,535 | 1,576,717 |
Coherus Biosciences, Inc. * | 168,960 | 1,221,581 |
Collegium Pharmaceutical, Inc. * | 76,601 | 1,782,505 |
Corcept Therapeutics, Inc. * | 197,416 | 4,447,782 |
Crinetics Pharmaceuticals, Inc. * | 120,305 | 2,350,760 |
CryoPort, Inc. * | 100,724 | 2,119,233 |
CTI BioPharma Corp. * | 227,087 | 1,103,643 |
Cullinan Oncology, Inc. * | 59,149 | 575,520 |
Cytek Biosciences, Inc. * | 260,418 | 2,989,599 |
Cytokinetics, Inc. * | 187,501 | 7,012,537 |
Day One Biopharmaceuticals, Inc. * | 62,809 | 778,832 |
Deciphera Pharmaceuticals, Inc. * | 117,906 | 1,675,444 |
Denali Therapeutics, Inc. * | 248,565 | 6,174,355 |
Design Therapeutics, Inc. *(a) | 77,234 | 498,159 |
DICE Therapeutics, Inc. * | 81,060 | 2,634,450 |
Dynavax Technologies Corp. * | 272,312 | 2,834,768 |
Dyne Therapeutics, Inc. * | 72,071 | 746,656 |
Eagle Pharmaceuticals, Inc. * | 23,275 | 653,562 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Edgewise Therapeutics, Inc. * | 87,825 | 770,225 |
Editas Medicine, Inc. * | 159,099 | 1,298,248 |
Eiger BioPharmaceuticals, Inc. * | 95,839 | 98,714 |
Emergent BioSolutions, Inc. * | 115,660 | 1,021,278 |
Enanta Pharmaceuticals, Inc. * | 45,441 | 1,615,428 |
Enochian Biosciences, Inc. *(a) | 43,414 | 49,492 |
EQRx, Inc. * | 462,140 | 776,395 |
Erasca, Inc. * | 163,593 | 451,517 |
Esperion Therapeutics, Inc. * | 168,073 | 221,856 |
Evolus, Inc. * | 80,657 | 704,942 |
EyePoint Pharmaceuticals, Inc. * | 59,603 | 374,307 |
Fate Therapeutics, Inc. * | 190,762 | 1,157,925 |
FibroGen, Inc. * | 199,995 | 3,423,914 |
Foghorn Therapeutics, Inc. * | 45,955 | 299,627 |
Fulcrum Therapeutics, Inc. * | 116,826 | 292,065 |
Generation Bio Co. * | 109,271 | 537,613 |
Geron Corp. * | 975,361 | 2,399,388 |
Gossamer Bio, Inc. * | 142,805 | 184,218 |
GreenLight Biosciences Holdings PBC * | 200,335 | 63,807 |
Halozyme Therapeutics, Inc. * | 304,134 | 9,771,825 |
Harmony Biosciences Holdings, Inc. * | 59,781 | 1,927,339 |
Heron Therapeutics, Inc. * | 233,699 | 558,541 |
HilleVax, Inc. * | 39,621 | 554,694 |
Humacyte, Inc. * | 136,785 | 443,183 |
Icosavax, Inc. * | 49,839 | 274,613 |
Ideaya Biosciences, Inc. * | 101,167 | 1,847,309 |
IGM Biosciences, Inc. *(a) | 24,001 | 259,931 |
ImmunityBio, Inc. *(a) | 184,206 | 515,777 |
ImmunoGen, Inc. * | 491,086 | 2,646,954 |
Immunovant, Inc. * | 101,311 | 1,635,160 |
Inhibrx, Inc. * | 74,375 | 1,561,875 |
Innoviva, Inc. * | 144,059 | 1,689,812 |
Inotiv, Inc. *(a) | 52,178 | 289,066 |
Inovio Pharmaceuticals, Inc. * | 561,707 | 433,919 |
Insmed, Inc. * | 308,828 | 6,022,146 |
Instil Bio, Inc. * | 155,472 | 101,601 |
Intellia Therapeutics, Inc. * | 189,330 | 7,147,207 |
Intercept Pharmaceuticals, Inc. * | 56,197 | 973,332 |
Intra-Cellular Therapies, Inc. * | 209,205 | 13,002,091 |
Invivyd, Inc. * | 117,743 | 129,517 |
Iovance Biotherapeutics, Inc. * | 344,258 | 1,941,615 |
Ironwood Pharmaceuticals, Inc. * | 311,626 | 3,244,027 |
iTeos Therapeutics, Inc. * | 54,130 | 743,746 |
IVERIC bio, Inc. * | 311,889 | 10,258,029 |
Janux Therapeutics, Inc. * | 38,809 | 594,554 |
Jounce Therapeutics, Inc. * | 100,774 | 194,494 |
KalVista Pharmaceuticals, Inc. * | 56,954 | 485,818 |
Karuna Therapeutics, Inc. * | 74,014 | 14,687,338 |
Karyopharm Therapeutics, Inc. * | 177,277 | 634,652 |
Keros Therapeutics, Inc. * | 43,861 | 1,945,455 |
Kezar Life Sciences, Inc. * | 119,573 | 290,562 |
Kiniksa Pharmaceuticals Ltd., Class A * | 71,562 | 769,292 |
Kinnate Biopharma, Inc. * | 65,765 | 166,385 |
Kodiak Sciences, Inc. * | 75,418 | 330,331 |
Kronos Bio, Inc. * | 90,167 | 148,776 |
Krystal Biotech, Inc. * | 48,623 | 4,084,332 |
Kura Oncology, Inc. * | 147,994 | 1,441,462 |
Kymera Therapeutics, Inc. * | 86,498 | 2,728,147 |
Lexicon Pharmaceuticals, Inc. * | 190,540 | 455,391 |
Ligand Pharmaceuticals, Inc. * | 34,458 | 2,630,868 |
Liquidia Corp. * | 109,647 | 735,731 |
Lyell Immunopharma, Inc. * | 392,914 | 797,615 |
MacroGenics, Inc. * | 136,729 | 942,063 |
Madrigal Pharmaceuticals, Inc. * | 29,074 | 9,071,088 |
MannKind Corp. * | 580,389 | 2,234,498 |
MaxCyte, Inc. * | 199,978 | 999,890 |
Medpace Holdings, Inc. * | 57,974 | 11,602,916 |
MeiraGTx Holdings plc * | 74,217 | 397,061 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Mersana Therapeutics, Inc. * | 210,170 | 920,545 |
MiMedx Group, Inc. * | 258,760 | 991,051 |
Mineralys Therapeutics, Inc. * | 27,302 | 367,212 |
MiNK Therapeutics, Inc. * | 10,208 | 18,272 |
Mirum Pharmaceuticals, Inc. * | 42,171 | 1,132,291 |
Monte Rosa Therapeutics, Inc. * | 68,741 | 312,084 |
Morphic Holding, Inc. * | 58,723 | 2,775,249 |
Myriad Genetics, Inc. * | 181,777 | 3,870,032 |
NanoString Technologies, Inc. * | 106,510 | 1,043,798 |
Nautilus Biotechnology, Inc. * | 109,347 | 282,115 |
Nektar Therapeutics * | 412,697 | 310,472 |
NGM Biopharmaceuticals, Inc. * | 94,580 | 426,556 |
Nkarta, Inc. * | 73,741 | 365,018 |
Nurix Therapeutics, Inc. * | 105,405 | 1,015,050 |
Nuvalent, Inc., Class A * | 46,266 | 1,637,354 |
Nuvation Bio, Inc. * | 265,680 | 427,745 |
Ocugen, Inc. * | 505,531 | 360,747 |
Ocular Therapeutix, Inc. * | 175,183 | 1,086,135 |
OmniAb, Inc. * | 177,939 | 619,228 |
Organogenesis Holdings, Inc. * | 162,776 | 333,691 |
Outlook Therapeutics, Inc. *(a) | 349,778 | 367,267 |
Pacific Biosciences of California, Inc. * | 565,730 | 5,996,738 |
Pacira BioSciences, Inc. * | 102,765 | 4,656,282 |
Pardes Biosciences, Inc. * | 75,704 | 146,866 |
PepGen, Inc. * | 34,937 | 527,199 |
Phathom Pharmaceuticals, Inc. *(a) | 56,909 | 608,926 |
Phibro Animal Health Corp., Class A | 47,039 | 731,927 |
PMV Pharmaceuticals, Inc. * | 82,973 | 382,506 |
Point Biopharma Global, Inc. * | 198,530 | 1,536,622 |
Praxis Precision Medicines, Inc. * | 108,144 | 112,470 |
Precigen, Inc. * | 276,406 | 334,451 |
Prestige Consumer Healthcare, Inc. * | 113,669 | 6,994,054 |
Prime Medicine, Inc. *(a) | 24,033 | 330,934 |
Prometheus Biosciences, Inc. * | 79,463 | 15,411,849 |
Protagonist Therapeutics, Inc. * | 105,977 | 2,395,080 |
Prothena Corp. plc * | 89,466 | 4,707,701 |
PTC Therapeutics, Inc. * | 160,421 | 8,845,614 |
Quanterix Corp. * | 77,143 | 975,088 |
Quantum-Si, Inc. * | 206,210 | 303,129 |
Rallybio Corp. * | 43,310 | 233,441 |
RAPT Therapeutics, Inc. * | 68,369 | 1,244,316 |
Reata Pharmaceuticals, Inc., Class A * | 63,139 | 6,241,922 |
Recursion Pharmaceuticals, Inc., Class A * | 311,978 | 1,488,135 |
REGENXBIO, Inc. * | 91,426 | 1,770,007 |
Relay Therapeutics, Inc. * | 194,799 | 2,214,865 |
Relmada Therapeutics, Inc. * | 61,410 | 154,753 |
Replimune Group, Inc. * | 106,448 | 1,780,875 |
Revance Therapeutics, Inc. * | 184,390 | 5,869,134 |
REVOLUTION Medicines, Inc. * | 198,967 | 4,673,735 |
Rigel Pharmaceuticals, Inc. * | 393,333 | 444,466 |
Rocket Pharmaceuticals, Inc. * | 127,258 | 2,280,463 |
Sage Therapeutics, Inc. * | 119,034 | 5,814,811 |
Sana Biotechnology, Inc. *(a) | 202,399 | 1,070,691 |
Sangamo Therapeutics, Inc. * | 309,693 | 455,249 |
Science 37 Holdings, Inc. * | 136,794 | 38,836 |
Scilex Holding Co. *(b) | 147,603 | 973,514 |
Seer, Inc. * | 117,639 | 392,914 |
Seres Therapeutics, Inc. * | 161,468 | 787,157 |
SIGA Technologies, Inc. | 107,010 | 623,868 |
Singular Genomics Systems, Inc. *(a) | 126,875 | 125,606 |
SomaLogic, Inc. * | 354,489 | 992,569 |
SpringWorks Therapeutics, Inc. * | 81,960 | 1,916,225 |
Stoke Therapeutics, Inc. * | 50,512 | 449,052 |
Supernus Pharmaceuticals, Inc. * | 113,455 | 4,181,951 |
Sutro Biopharma, Inc. * | 122,559 | 522,101 |
Syndax Pharmaceuticals, Inc. * | 137,556 | 2,826,776 |
Talaris Therapeutics, Inc. * | 50,489 | 145,408 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Tango Therapeutics, Inc. * | 105,778 | 359,645 |
Tarsus Pharmaceuticals, Inc. * | 41,753 | 622,955 |
Tenaya Therapeutics, Inc. * | 98,137 | 521,598 |
TG Therapeutics, Inc. * | 304,277 | 7,555,198 |
Theravance Biopharma, Inc. * | 149,168 | 1,615,489 |
Theseus Pharmaceuticals, Inc. * | 39,111 | 400,497 |
Third Harmonic Bio, Inc. *(a) | 28,319 | 128,285 |
Travere Therapeutics, Inc. * | 140,390 | 3,028,212 |
Twist Bioscience Corp. * | 129,387 | 1,614,750 |
Tyra Biosciences, Inc. * | 30,686 | 434,821 |
Vanda Pharmaceuticals, Inc. * | 127,364 | 782,015 |
Vaxart, Inc. * | 288,350 | 234,573 |
Vaxcyte, Inc. * | 186,977 | 8,008,225 |
VBI Vaccines, Inc. * | 14,681 | 42,135 |
Ventyx Biosciences, Inc. * | 56,764 | 2,134,326 |
Vera Therapeutics, Inc. *(a) | 49,110 | 326,582 |
Veracyte, Inc. * | 163,882 | 3,710,288 |
Vericel Corp. * | 108,010 | 3,403,395 |
Verve Therapeutics, Inc. * | 106,581 | 1,697,835 |
Vir Biotechnology, Inc. * | 165,854 | 4,171,228 |
Viridian Therapeutics, Inc. * | 87,072 | 2,440,628 |
VistaGen Therapeutics, Inc. * | 494,520 | 69,233 |
Xencor, Inc. * | 131,281 | 3,471,070 |
Xeris Biopharma Holdings, Inc. * | 300,770 | 679,740 |
Y-mAbs Therapeutics, Inc. * | 84,733 | 507,551 |
Zentalis Pharmaceuticals, Inc. * | 106,914 | 2,355,315 |
508,828,658 | ||
Real Estate Management & Development 0.6% | ||
American Realty Investors, Inc. * | 3,281 | 61,125 |
Anywhere Real Estate, Inc. * | 245,660 | 1,564,854 |
Compass, Inc., Class A * | 633,246 | 1,481,796 |
Cushman & Wakefield plc * | 362,690 | 3,572,497 |
DigitalBridge Group, Inc. | 361,413 | 4,492,364 |
Doma Holdings, Inc. * | 305,845 | 131,513 |
Douglas Elliman, Inc. | 174,626 | 557,057 |
eXp World Holdings, Inc. | 159,251 | 1,861,644 |
Forestar Group, Inc. * | 41,509 | 802,784 |
FRP Holdings, Inc. * | 15,355 | 890,590 |
Kennedy-Wilson Holdings, Inc. | 270,012 | 4,530,801 |
Marcus & Millichap, Inc. | 57,315 | 1,803,703 |
Newmark Group, Inc., Class A | 309,745 | 1,963,783 |
Offerpad Solutions, Inc. * | 150,020 | 70,104 |
RE/MAX Holdings, Inc., Class A | 40,941 | 790,571 |
Redfin Corp. * | 241,999 | 1,802,893 |
Stratus Properties, Inc. | 13,143 | 281,260 |
Tejon Ranch Co. * | 47,835 | 826,589 |
The RMR Group, Inc., Class A | 34,803 | 826,571 |
The St. Joe Co. | 78,868 | 3,241,475 |
Transcontinental Realty Investors, Inc. * | 2,760 | 100,602 |
31,654,576 | ||
Semiconductors & Semiconductor Equipment 2.6% | ||
ACM Research, Inc., Class A * | 109,592 | 1,024,685 |
Alpha & Omega Semiconductor Ltd. * | 50,265 | 1,200,328 |
Ambarella, Inc. * | 84,676 | 5,248,219 |
Amkor Technology, Inc. | 231,753 | 5,184,315 |
Atomera, Inc. *(a) | 46,490 | 367,271 |
Axcelis Technologies, Inc. * | 74,639 | 8,829,794 |
AXT, Inc. * | 92,947 | 248,169 |
CEVA, Inc. * | 52,360 | 1,315,807 |
Cohu, Inc. * | 107,266 | 3,629,881 |
Credo Technology Group Holding Ltd. * | 222,818 | 1,807,054 |
Diodes, Inc. * | 101,661 | 8,102,382 |
FormFactor, Inc. * | 176,169 | 4,811,175 |
Ichor Holdings Ltd. * | 64,058 | 1,784,015 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Impinj, Inc. * | 49,025 | 4,334,300 |
indie Semiconductor, Inc., Class A * | 243,200 | 1,841,024 |
Kulicke & Soffa Industries, Inc. | 127,229 | 6,063,734 |
MACOM Technology Solutions Holdings, Inc. * | 123,881 | 7,227,218 |
MaxLinear, Inc. * | 166,134 | 4,008,813 |
Onto Innovation, Inc. * | 113,230 | 9,169,365 |
PDF Solutions, Inc. * | 68,823 | 2,481,069 |
Photronics, Inc. * | 137,305 | 1,985,430 |
Power Integrations, Inc. | 129,509 | 9,425,665 |
Rambus, Inc. * | 244,116 | 10,824,103 |
Rigetti Computing, Inc., Class A * | 199,408 | 93,722 |
Semtech Corp. * | 144,347 | 2,813,323 |
Silicon Laboratories, Inc. * | 72,293 | 10,070,415 |
SiTime Corp. * | 37,034 | 4,017,078 |
SkyWater Technology, Inc. * | 26,647 | 240,889 |
SMART Global Holdings, Inc. * | 110,959 | 1,710,988 |
Synaptics, Inc. * | 90,604 | 8,023,890 |
Transphorm, Inc. * | 50,215 | 154,160 |
Ultra Clean Holdings, Inc. * | 103,139 | 2,943,587 |
Veeco Instruments, Inc. * | 115,742 | 2,131,968 |
133,113,836 | ||
Software & Services 5.3% | ||
8x8, Inc. * | 258,961 | 743,218 |
A10 Networks, Inc. | 145,295 | 2,054,471 |
ACI Worldwide, Inc. * | 256,076 | 6,486,405 |
Adeia, Inc. | 238,088 | 1,818,992 |
Agilysys, Inc. * | 45,196 | 3,527,096 |
Alarm.com Holdings, Inc. * | 109,872 | 5,239,796 |
Alkami Technology, Inc. * | 82,343 | 987,293 |
Altair Engineering, Inc., Class A * | 118,735 | 8,198,652 |
American Software, Inc., Class A | 72,217 | 862,271 |
Amplitude, Inc., Class A * | 128,112 | 1,454,071 |
Appfolio, Inc., Class A * | 44,788 | 6,253,301 |
Appian Corp., Class A * | 91,289 | 3,427,902 |
Applied Digital Corp. *(a) | 151,326 | 484,243 |
Arteris, Inc. * | 39,233 | 145,947 |
Asana, Inc., Class A * | 168,551 | 2,727,155 |
AvePoint, Inc. * | 296,675 | 1,287,569 |
BigCommerce Holdings, Inc. * | 149,277 | 1,103,157 |
Blackbaud, Inc. * | 106,084 | 7,357,456 |
Blackline, Inc. * | 126,171 | 7,028,986 |
Blend Labs, Inc., Class A * | 425,141 | 251,726 |
Box, Inc., Class A * | 319,399 | 8,451,298 |
Brightcove, Inc. * | 94,987 | 393,246 |
C3.ai, Inc., Class A *(a) | 136,277 | 2,428,456 |
Cerberus Cyber Sentinel Corp. * | 135,577 | 28,756 |
Cerence, Inc. * | 91,979 | 2,350,063 |
Cipher Mining, Inc. *(a) | 92,552 | 213,795 |
Cleanspark, Inc. * | 165,867 | 648,540 |
Clear Secure, Inc., Class A | 147,267 | 3,562,389 |
CommVault Systems, Inc. * | 101,679 | 5,924,835 |
Consensus Cloud Solutions, Inc. * | 43,121 | 1,609,707 |
Couchbase, Inc. * | 64,839 | 995,927 |
CS Disco, Inc. * | 51,569 | 303,226 |
Cvent Holding Corp. * | 103,960 | 874,304 |
Cyxtera Technologies, Inc. * | 81,237 | 26,418 |
Digimarc Corp. * | 31,495 | 536,675 |
Digital Turbine, Inc. * | 214,537 | 2,516,519 |
DigitalOcean Holdings, Inc. * | 159,301 | 5,024,354 |
Domo, Inc., Class B * | 70,790 | 1,124,145 |
E2open Parent Holdings, Inc. * | 455,287 | 2,863,755 |
Ebix, Inc. | 59,727 | 971,161 |
Edgio, Inc. * | 309,180 | 204,368 |
eGain Corp. * | 47,745 | 350,448 |
Enfusion, Inc., Class A * | 61,639 | 516,535 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
EngageSmart, Inc. * | 81,358 | 1,396,917 |
Envestnet, Inc. * | 125,558 | 7,957,866 |
Everbridge, Inc. * | 91,156 | 2,395,580 |
EverCommerce, Inc. * | 55,086 | 664,888 |
Fastly, Inc., Class A * | 258,842 | 3,825,685 |
ForgeRock, Inc., Class A * | 99,689 | 1,996,771 |
Greenidge Generation Holdings, Inc. * | 28,120 | 13,782 |
Grid Dynamics Holdings, Inc. * | 122,861 | 1,335,499 |
Information Services Group, Inc. | 81,533 | 415,003 |
Instructure Holdings, Inc. * | 39,301 | 1,042,656 |
Intapp, Inc. * | 33,361 | 1,345,116 |
InterDigital, Inc. | 67,861 | 4,596,904 |
IronNet, Inc. * | 142,429 | 39,538 |
Kaleyra, Inc. * | 21,252 | 39,104 |
Latch, Inc. * | 258,501 | 204,164 |
LivePerson, Inc. * | 159,344 | 737,763 |
LiveRamp Holdings, Inc. * | 145,076 | 3,494,881 |
LiveVox Holdings, Inc. * | 53,042 | 151,700 |
Marathon Digital Holdings, Inc. *(a) | 266,565 | 2,684,310 |
Matterport, Inc. * | 513,570 | 1,196,618 |
MeridianLink, Inc. * | 52,727 | 787,741 |
MicroStrategy, Inc., Class A *(a) | 22,071 | 7,247,675 |
Mitek Systems, Inc. * | 95,831 | 864,396 |
Model N, Inc. * | 85,054 | 2,619,663 |
Momentive Global, Inc. * | 297,986 | 2,798,089 |
N-Able, Inc. * | 155,802 | 1,986,475 |
NextNav, Inc. *(a) | 152,013 | 328,348 |
Olo, Inc., Class A * | 205,720 | 1,409,182 |
ON24, Inc. * | 95,954 | 834,800 |
OneSpan, Inc. * | 90,243 | 1,330,182 |
PagerDuty, Inc. * | 197,546 | 5,938,233 |
Perficient, Inc. * | 78,022 | 5,065,188 |
PFSweb, Inc. | 38,021 | 152,844 |
Porch Group, Inc. *(a) | 185,566 | 168,884 |
PowerSchool Holdings, Inc., Class A * | 104,126 | 2,174,151 |
Progress Software Corp. | 98,110 | 5,384,277 |
PROS Holdings, Inc. * | 94,263 | 2,674,241 |
Q2 Holdings, Inc. * | 127,347 | 3,135,283 |
Qualys, Inc. * | 88,095 | 9,949,449 |
Rackspace Technology, Inc. * | 129,419 | 188,952 |
Rapid7, Inc. * | 134,887 | 6,556,857 |
Rimini Street, Inc. * | 110,866 | 414,639 |
Riot Platforms, Inc. *(a) | 362,810 | 4,339,208 |
Sapiens International Corp. N.V. | 73,426 | 1,478,065 |
SecureWorks Corp., Class A * | 22,039 | 199,894 |
ShotSpotter, Inc. * | 20,238 | 602,081 |
SolarWinds Corp. * | 109,693 | 945,554 |
Sprout Social, Inc., Class A * | 106,882 | 5,265,007 |
SPS Commerce, Inc. * | 82,845 | 12,203,068 |
Squarespace, Inc., Class A * | 69,430 | 2,159,273 |
Sumo Logic, Inc. * | 268,672 | 3,224,064 |
Telos Corp. * | 122,990 | 209,083 |
Tenable Holdings, Inc. * | 255,479 | 9,450,168 |
Terawulf, Inc. * | 159,716 | 284,294 |
The Hackett Group, Inc. | 52,574 | 975,773 |
Tucows, Inc., Class A * | 23,033 | 515,709 |
Unisys Corp. * | 151,030 | 484,806 |
Upland Software, Inc. * | 66,529 | 244,161 |
Varonis Systems, Inc. * | 244,414 | 5,660,628 |
Verint Systems, Inc. * | 147,985 | 5,399,973 |
Veritone, Inc. * | 71,098 | 338,426 |
Viant Technology, Inc., Class A * | 33,212 | 146,797 |
Weave Communications, Inc. * | 71,052 | 314,760 |
WM Technology, Inc. * | 169,675 | 122,980 |
Workiva, Inc. * | 108,911 | 10,174,466 |
Xperi, Inc. * | 95,455 | 905,868 |
Yext, Inc. * | 256,265 | 2,250,007 |
Zeta Global Holdings Corp., Class A * | 253,768 | 2,464,087 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Zuora, Inc., Class A * | 286,994 | 2,235,683 |
273,496,804 | ||
Technology Hardware & Equipment 3.5% | ||
908 Devices, Inc. * | 50,190 | 339,284 |
ADTRAN Holdings, Inc. | 175,479 | 1,600,368 |
Advanced Energy Industries, Inc. | 85,809 | 7,422,478 |
Aeva Technologies, Inc. * | 219,781 | 218,001 |
AEye, Inc. * | 228,933 | 45,512 |
Akoustis Technologies, Inc. * | 150,975 | 430,279 |
Arlo Technologies, Inc. * | 198,302 | 1,277,065 |
Aviat Networks, Inc. * | 25,653 | 841,675 |
Avid Technology, Inc. * | 79,523 | 2,346,724 |
Badger Meter, Inc. | 66,820 | 8,842,291 |
Belden, Inc. | 96,995 | 7,651,936 |
Benchmark Electronics, Inc. | 79,564 | 1,698,691 |
Calix, Inc. * | 131,298 | 6,000,319 |
Cambium Networks Corp. * | 26,022 | 393,973 |
Casa Systems, Inc. * | 78,091 | 97,614 |
Cepton, Inc. * | 104,245 | 38,883 |
Clearfield, Inc. * | 29,272 | 1,278,601 |
CommScope Holding Co., Inc. * | 469,824 | 2,316,232 |
CompoSecure, Inc. *(a) | 18,050 | 135,375 |
Comtech Telecommunications Corp. | 59,642 | 617,295 |
Corsair Gaming, Inc. * | 92,320 | 1,608,214 |
CTS Corp. | 72,558 | 2,844,999 |
Diebold Nixdorf, Inc. * | 165,357 | 133,427 |
Digi International, Inc. * | 79,291 | 2,391,417 |
DZS, Inc. * | 45,730 | 310,964 |
Eastman Kodak Co. * | 128,955 | 424,262 |
ePlus, Inc. * | 60,594 | 2,638,263 |
Evolv Technologies Holdings, Inc. * | 190,691 | 686,488 |
Extreme Networks, Inc. * | 288,157 | 5,123,431 |
Fabrinet * | 84,335 | 8,007,608 |
FARO Technologies, Inc. * | 43,294 | 1,010,915 |
Focus Universal, Inc. *(a) | 60,174 | 128,171 |
Harmonic, Inc. * | 210,682 | 2,968,509 |
Identiv, Inc. * | 49,874 | 274,307 |
Infinera Corp. * | 442,357 | 2,800,120 |
Inseego Corp. * | 196,773 | 118,457 |
Insight Enterprises, Inc. * | 71,694 | 8,671,389 |
IonQ, Inc. * | 275,427 | 1,517,603 |
Itron, Inc. * | 103,078 | 5,504,365 |
Kimball Electronics, Inc. * | 55,073 | 1,108,619 |
Knowles Corp. * | 204,571 | 3,453,158 |
Lightwave Logic, Inc. *(a) | 259,645 | 1,168,403 |
Methode Electronics, Inc. | 80,837 | 3,313,509 |
MicroVision, Inc. *(a) | 379,280 | 758,560 |
Mirion Technologies, Inc. * | 312,141 | 2,528,342 |
Napco Security Technologies, Inc. * | 71,750 | 2,224,250 |
NETGEAR, Inc. * | 64,666 | 913,731 |
NetScout Systems, Inc. * | 155,119 | 4,220,788 |
nLight, Inc. * | 101,025 | 885,989 |
Novanta, Inc. * | 81,135 | 12,400,673 |
Ondas Holdings, Inc. *(a) | 78,825 | 78,825 |
OSI Systems, Inc. * | 36,633 | 4,138,064 |
Ouster, Inc. *(a) | 63,492 | 224,760 |
PAR Technology Corp. * | 60,526 | 1,851,490 |
PC Connection, Inc. | 25,882 | 1,042,268 |
Plexus Corp. * | 62,694 | 5,483,844 |
Ribbon Communications, Inc. * | 164,941 | 422,249 |
Rogers Corp. * | 42,842 | 6,895,420 |
Sanmina Corp. * | 130,218 | 6,805,193 |
ScanSource, Inc. * | 57,793 | 1,580,639 |
SmartRent, Inc. * | 275,611 | 711,076 |
Super Micro Computer, Inc. * | 107,159 | 11,297,773 |
TTM Technologies, Inc. * | 231,020 | 2,728,346 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Turtle Beach Corp. * | 36,132 | 392,755 |
Viavi Solutions, Inc. * | 512,731 | 4,594,070 |
Vishay Intertechnology, Inc. | 296,471 | 6,311,868 |
Vishay Precision Group, Inc. * | 28,400 | 1,066,136 |
Xerox Holdings Corp. | 260,891 | 4,088,162 |
183,444,465 | ||
Telecommunication Services 0.9% | ||
Anterix, Inc. * | 42,259 | 1,334,539 |
ATN International, Inc. | 25,084 | 907,288 |
Bandwidth, Inc., Class A * | 52,595 | 640,081 |
Charge Enterprises, Inc. * | 293,814 | 311,443 |
Cogent Communications Holdings, Inc. | 98,216 | 6,780,833 |
Consolidated Communications Holdings, Inc. * | 169,295 | 655,172 |
EchoStar Corp., Class A * | 76,642 | 1,308,279 |
Globalstar, Inc. * | 1,558,042 | 1,411,586 |
Gogo, Inc. * | 112,887 | 1,513,815 |
IDT Corp., Class B * | 35,423 | 1,176,398 |
Iridium Communications, Inc. | 285,532 | 18,122,716 |
KORE Group Holdings, Inc. * | 94,529 | 115,325 |
Liberty Latin America Ltd., Class A * | 87,452 | 775,699 |
Liberty Latin America Ltd., Class C * | 334,423 | 2,969,676 |
Ooma, Inc. * | 53,156 | 653,819 |
Radius Global Infrastructure, Inc., Class A * | 175,350 | 2,575,892 |
Shenandoah Telecommunications Co. | 110,996 | 2,309,827 |
Telephone & Data Systems, Inc. | 230,714 | 2,307,140 |
United States Cellular Corp. * | 33,327 | 707,865 |
46,577,393 | ||
Transportation 1.6% | ||
Air Transport Services Group, Inc. * | 131,688 | 2,674,583 |
Allegiant Travel Co. * | 35,964 | 3,737,019 |
ArcBest Corp. | 55,287 | 5,219,093 |
Bird Global, Inc., Class A * | 376,646 | 50,998 |
Blade Air Mobility, Inc. * | 132,104 | 346,112 |
Costamare, Inc. | 120,600 | 1,089,018 |
Covenant Logistics Group, Inc. | 21,171 | 833,926 |
Daseke, Inc. * | 92,599 | 757,460 |
Eagle Bulk Shipping, Inc. | 30,751 | 1,375,185 |
Eneti, Inc. | 51,412 | 440,601 |
Forward Air Corp. | 61,396 | 6,477,892 |
Frontier Group Holdings, Inc. * | 84,941 | 806,090 |
Genco Shipping & Trading Ltd. | 83,190 | 1,281,958 |
Golden Ocean Group Ltd. *(a) | 279,999 | 2,561,991 |
Hawaiian Holdings, Inc. * | 115,108 | 958,850 |
Heartland Express, Inc. | 106,320 | 1,539,514 |
Hub Group, Inc., Class A * | 73,710 | 5,557,734 |
Joby Aviation, Inc. *(a) | 589,879 | 2,554,176 |
Marten Transport Ltd. | 132,973 | 2,684,725 |
Matson, Inc. | 85,407 | 5,810,238 |
P.A.M. Transportation Services, Inc. * | 14,960 | 335,852 |
Radiant Logistics, Inc. * | 85,414 | 563,732 |
Safe Bulkers, Inc. | 163,279 | 597,601 |
Saia, Inc. * | 60,678 | 18,068,088 |
SkyWest, Inc. * | 113,907 | 3,223,568 |
Spirit Airlines, Inc. | 249,448 | 4,265,561 |
Sun Country Airlines Holdings, Inc. * | 75,960 | 1,498,691 |
TuSimple Holdings, Inc., Class A * | 321,517 | 389,035 |
Universal Logistics Holdings, Inc. | 16,627 | 425,651 |
Werner Enterprises, Inc. | 144,715 | 6,536,776 |
Wheels Up Experience, Inc. * | 362,352 | 167,588 |
82,829,306 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Utilities 3.3% | ||
ALLETE, Inc. | 130,899 | 8,165,480 |
Altus Power, Inc. * | 211,068 | 958,249 |
American States Water Co. | 84,243 | 7,476,566 |
Artesian Resources Corp., Class A | 18,658 | 1,022,085 |
Avista Corp. | 168,473 | 7,424,605 |
Black Hills Corp. | 148,450 | 9,692,301 |
Brookfield Infrastructure Corp., Class A | 223,641 | 9,527,107 |
California Water Service Group | 123,867 | 6,946,461 |
Chesapeake Utilities Corp. | 39,771 | 4,911,719 |
Clearway Energy, Inc., Class A | 79,691 | 2,309,445 |
Clearway Energy, Inc., Class C | 187,441 | 5,692,583 |
Global Water Resources, Inc. | 31,684 | 347,574 |
MGE Energy, Inc. | 83,145 | 6,369,738 |
Middlesex Water Co. | 39,641 | 2,893,000 |
Montauk Renewables, Inc. * | 147,237 | 979,126 |
New Jersey Resources Corp. | 219,839 | 11,352,486 |
Northwest Natural Holding Co. | 79,046 | 3,712,000 |
NorthWestern Corp. | 132,462 | 7,764,922 |
ONE Gas, Inc. | 122,766 | 9,446,844 |
Ormat Technologies, Inc. | 119,403 | 10,245,971 |
Otter Tail Corp. | 93,942 | 6,759,127 |
PNM Resources, Inc. | 195,134 | 9,391,799 |
Portland General Electric Co. | 204,332 | 10,343,286 |
Pure Cycle Corp. * | 44,499 | 439,205 |
SJW Group | 61,768 | 4,689,427 |
Southwest Gas Holdings, Inc. | 152,989 | 8,567,384 |
Spire, Inc. | 116,384 | 7,882,688 |
Sunnova Energy International, Inc. *(a) | 226,801 | 4,073,346 |
The York Water Co. | 32,519 | 1,367,099 |
Unitil Corp. | 36,407 | 2,023,865 |
Via Renewables, Inc. | 5,472 | 56,639 |
172,832,127 | ||
Total Common Stocks (Cost $4,312,268,205) | 5,176,673,883 | |
RIGHTS 0.0% OF NET ASSETS | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
Aduro Biotech, Inc. CVR *(b) | 27,867 | 68,043 |
Oncternal Therapeutics, Inc. CVR *(b) | 592 | 1,213 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Tobira Therapeutics, Inc. CVR *(b) | 14,029 | 167,575 |
236,831 | ||
Total Rights (Cost $2,055) | 236,831 |
SHORT-TERM INVESTMENTS 1.4% OF NET ASSETS | ||
Money Market Funds 1.4% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 4.76% (c)(d) | 72,902,773 | 72,902,773 |
Total Short-Term Investments (Cost $72,902,773) | 72,902,773 | |
Total Investments in Securities (Cost $4,385,173,033) | 5,249,813,487 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED DEPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
Russell 2000 Index, e-mini, expires 06/16/23 | 256 | 22,717,440 | (32,379 ) |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $68,930,091. |
(b) | Fair valued using significant unobservable inputs (see financial note 2(a), Securities for which no quoted value is available, for additional information). |
(c) | The rate shown is the annualized 7-day yield. |
(d) | Security purchased with cash collateral received for securities on loan. |
CVR — | Contingent Value Rights |
REIT — | Real Estate Investment Trust |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Common Stocks1 | $4,287,098,746 | $— | $— | $4,287,098,746 |
Health Care Equipment & Services | 380,746,479 | — | 0 * | 380,746,479 |
Pharmaceuticals, Biotechnology & Life Sciences | 507,855,144 | — | 973,514 | 508,828,658 |
Rights1 | ||||
Pharmaceuticals, Biotechnology & Life Sciences | — | — | 236,831 | 236,831 |
Short-Term Investments1 | 72,902,773 | — | — | 72,902,773 |
Liabilities | ||||
Futures Contracts2 | (32,379 ) | — | — | (32,379 ) |
Total | $5,248,570,763 | $— | $1,210,345 | $5,249,781,108 |
* | Level 3 amount shown includes securities determined to have no value at April 30, 2023. |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - unaffiliated (cost $4,385,173,033) including securities on loan of $68,930,091 | $5,249,813,487 | |
Cash | 15,457,815 | |
Deposit with broker for futures contracts | 2,575,200 | |
Receivables: | ||
Fund shares sold | 7,755,620 | |
Dividends | 1,590,174 | |
Income from securities on loan | 404,066 | |
Investments sold | 227,451 | |
Variation margin on future contracts | 100,325 | |
Foreign tax reclaims | + | 994 |
Total assets | 5,277,925,132 | |
Liabilities | ||
Collateral held for securities on loan | 72,902,773 | |
Payables: | ||
Fund shares redeemed | 3,533,022 | |
Investments bought | 309,424 | |
Investment adviser fees | + | 160,262 |
Total liabilities | 76,905,481 | |
Net assets | $5,201,019,651 | |
Net Assets by Source | ||
Capital received from investors | $4,626,446,722 | |
Total distributable earnings | + | 574,572,929 |
Net assets | $5,201,019,651 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$5,201,019,651 | 182,558,551 | $28.49 | ||
For the period November 1, 2022 through April 30, 2023; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $54,838) | $46,993,480 | |
Securities on loan, net | + | 3,208,849 |
Total investment income | 50,202,329 | |
Expenses | ||
Investment adviser fees | 1,063,868 | |
Total expenses | – | 1,063,868 |
Net investment income | 49,138,461 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated | (24,146,386 ) | |
Net realized gains on sales of in-kind redemptions - unaffiliated | 4,851,540 | |
Net realized losses on futures contracts | + | (1,400,628 ) |
Net realized losses | (20,695,474 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | (208,384,411 ) | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | (309,064 ) |
Net change in unrealized appreciation (depreciation) | + | (208,693,475 ) |
Net realized and unrealized losses | (229,388,949 ) | |
Decrease in net assets resulting from operations | ($180,250,488 ) |
OPERATIONS | |||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||
Net investment income | $49,138,461 | $72,101,489 | |
Net realized losses | (20,695,474 ) | (17,488,993 ) | |
Net change in unrealized appreciation (depreciation) | + | (208,693,475 ) | (1,287,296,553 ) |
Decrease in net assets from operations | ($180,250,488 ) | ($1,232,684,057 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($67,319,807 ) | ($531,629,821 ) |
TRANSACTIONS IN FUND SHARES | |||||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 18,318,014 | $535,244,688 | 45,597,167 | $1,444,544,971 | |
Shares reinvested | 1,875,047 | 53,907,614 | 12,345,025 | 436,396,621 | |
Shares redeemed | + | (17,451,551 ) | (512,291,549 ) | (42,926,031 ) | (1,331,894,500 ) |
Net transactions in fund shares | 2,741,510 | $76,860,753 | 15,016,161 | $549,047,092 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 179,817,041 | $5,371,729,193 | 164,800,880 | $6,586,995,979 | |
Total increase (decrease) | + | 2,741,510 | (170,709,542 ) | 15,016,161 | (1,215,266,786 ) |
End of period | 182,558,551 | $5,201,019,651 | 179,817,041 | $5,371,729,193 |
11/1/22– 4/30/23* | 11/1/21– 10/31/22 | 11/1/20– 10/31/21 | 11/1/19– 10/31/20 | 11/1/18– 10/31/19 | 11/1/17– 10/31/18 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $66.82 | $81.64 | $57.62 | $53.42 | $48.38 | $46.25 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 0.58 | 1.05 | 1.00 | 1.07 | 0.99 | 0.88 |
Net realized and unrealized gains (losses) | 4.25 | (14.67 ) | 24.10 | 4.21 | 5.18 | 2.12 |
Total from investment operations | 4.83 | (13.62 ) | 25.10 | 5.28 | 6.17 | 3.00 |
Less distributions: | ||||||
Distributions from net investment income | (1.05 ) | (0.96 ) | (1.08 ) | (0.94 ) | (0.90 ) | (0.76 ) |
Distributions from net realized gains | — | (0.24 ) | — | (0.14 ) | (0.23 ) | (0.11 ) |
Total distributions | (1.05 ) | (1.20 ) | (1.08 ) | (1.08 ) | (1.13 ) | (0.87 ) |
Net asset value at end of period | $70.60 | $66.82 | $81.64 | $57.62 | $53.42 | $48.38 |
Total return | 7.33 %2 | (16.94 %) | 44.01 % | 9.94 % | 13.37 % | 6.51 % |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.03 %3,4 | 0.03 %4 | 0.03 % | 0.03 % | 0.03 % | 0.03 % |
Net investment income (loss) | 1.72 %3 | 1.44 % | 1.37 % | 1.96 % | 1.99 % | 1.80 % |
Portfolio turnover rate | 1 %2 | 2 % | 3 % | 4 % | 3 % | 4 % |
Net assets, end of period (x 1,000,000) | $17,423 | $16,046 | $18,232 | $11,487 | $10,220 | $8,410 |
* | Unaudited. |
1 | Calculated based on the average shares outstanding during the period. |
2 | Not annualized. |
3 | Annualized. |
4 | Ratio includes less than 0.005% of non-routine proxy expenses. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.5% OF NET ASSETS | ||
Automobiles & Components 1.6% | ||
Adient plc * | 40,665 | 1,502,165 |
American Axle & Manufacturing Holdings, Inc. * | 48,530 | 346,989 |
Aptiv plc * | 115,173 | 11,846,695 |
Autoliv, Inc. | 32,767 | 2,811,736 |
AYRO, Inc. * | 61,661 | 33,451 |
BorgWarner, Inc. | 98,784 | 4,754,474 |
Canoo, Inc. *(a) | 143,402 | 108,269 |
Cooper-Standard Holdings, Inc. * | 8,444 | 113,572 |
Dana, Inc. | 54,773 | 810,093 |
Dorman Products, Inc. * | 12,163 | 1,047,964 |
Envirotech Vehicles, Inc. * | 9,637 | 22,551 |
Faraday Future Intelligent Electric, Inc. * | 218,317 | 37,223 |
Fisker, Inc. *(a) | 67,936 | 437,508 |
Ford Motor Co. | 1,674,617 | 19,894,450 |
Fox Factory Holding Corp. * | 17,990 | 1,994,551 |
Garrett Motion, Inc. * | 22,121 | 182,719 |
General Motors Co. | 594,140 | 19,630,386 |
Gentex Corp. | 99,559 | 2,746,833 |
Gentherm, Inc. * | 14,378 | 857,648 |
Harley-Davidson, Inc. | 56,679 | 2,102,791 |
Holley, Inc. * | 22,922 | 55,242 |
LCI Industries | 10,934 | 1,235,105 |
Lear Corp. | 25,018 | 3,193,798 |
Lucid Group, Inc. *(a) | 273,048 | 2,168,001 |
Luminar Technologies, Inc. *(a) | 101,021 | 608,146 |
Mobileye Global, Inc., Class A *(a) | 19,611 | 738,158 |
Modine Manufacturing Co. * | 22,575 | 472,043 |
Motorcar Parts of America, Inc. * | 7,218 | 35,152 |
Mullen Automotive, Inc. *(a) | 689,902 | 53,053 |
Patrick Industries, Inc. | 9,154 | 628,239 |
QuantumScape Corp. *(a) | 119,952 | 839,664 |
Rivian Automotive, Inc., Class A * | 232,702 | 2,983,240 |
Solid Power, Inc. * | 46,229 | 104,940 |
Standard Motor Products, Inc. | 7,798 | 280,806 |
Stoneridge, Inc. * | 11,655 | 219,464 |
Strattec Security Corp. * | 1,500 | 29,100 |
Superior Industries International, Inc. * | 10,350 | 50,818 |
Tesla, Inc. * | 1,145,665 | 188,244,216 |
The Goodyear Tire & Rubber Co. * | 120,540 | 1,286,162 |
Thor Industries, Inc. | 22,679 | 1,792,095 |
Visteon Corp. * | 12,060 | 1,693,103 |
Winnebago Industries, Inc. | 13,059 | 759,250 |
Workhorse Group, Inc. *(a) | 70,136 | 66,082 |
XPEL, Inc. * | 8,570 | 626,124 |
279,444,069 | ||
Banks 3.4% | ||
1895 Bancorp of Wisconsin, Inc. * | 1,526 | 10,560 |
1st Source Corp. | 6,934 | 289,009 |
ACNB Corp. | 3,576 | 108,460 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Affinity Bancshares, Inc. * | 1,146 | 16,915 |
Amalgamated Financial Corp. | 7,518 | 122,393 |
Amerant Bancorp, Inc. | 10,892 | 202,591 |
American National Bankshares, Inc. | 4,310 | 124,516 |
Ameris Bancorp | 27,705 | 928,117 |
AmeriServ Financial, Inc. | 4,001 | 11,643 |
Ames National Corp. | 4,056 | 78,119 |
Arrow Financial Corp. | 6,759 | 145,927 |
Associated Banc-Corp. | 64,229 | 1,145,203 |
Atlantic Union Bankshares Corp. | 31,642 | 905,594 |
Auburn National BanCorp, Inc. | 800 | 17,640 |
Axos Financial, Inc. * | 22,536 | 916,539 |
Banc of California, Inc. | 23,171 | 262,991 |
BancFirst Corp. | 7,548 | 603,010 |
Bank First Corp. | 3,145 | 215,087 |
Bank of America Corp. | 2,972,325 | 87,029,676 |
Bank of Hawaii Corp. | 16,982 | 822,438 |
Bank of Marin Bancorp | 6,631 | 116,905 |
Bank of South Carolina Corp. | 1,398 | 19,852 |
Bank of the James Financial Group, Inc. | 2,744 | 26,260 |
Bank OZK | 46,860 | 1,673,839 |
Bank7 Corp. | 2,054 | 49,255 |
BankFinancial Corp. | 3,213 | 26,588 |
BankUnited, Inc. | 32,097 | 723,787 |
Bankwell Financial Group, Inc. | 2,376 | 55,266 |
Banner Corp. | 14,660 | 731,827 |
Bar Harbor Bankshares | 5,903 | 146,394 |
Baycom Corp. | 4,901 | 81,749 |
Bayfirst Financial Corp. | 784 | 11,290 |
BCB Bancorp, Inc. | 7,033 | 82,989 |
Berkshire Hills Bancorp, Inc. | 19,410 | 412,851 |
Blue Foundry Bancorp * | 9,742 | 93,718 |
Blue Ridge Bankshares, Inc. | 5,502 | 53,204 |
Bogota Financial Corp. * | 1,050 | 9,125 |
BOK Financial Corp. | 12,146 | 1,018,685 |
Bridgewater Bancshares, Inc. * | 8,542 | 84,993 |
Broadway Financial Corp. * | 20,059 | 17,857 |
Brookline Bancorp, Inc. | 38,717 | 369,360 |
Business First Bancshares, Inc. | 9,475 | 146,104 |
Byline Bancorp, Inc. | 10,054 | 194,545 |
C&F Financial Corp. | 1,200 | 63,900 |
Cadence Bank | 77,090 | 1,558,760 |
California BanCorp * | 2,455 | 43,355 |
Cambridge Bancorp | 3,535 | 182,583 |
Camden National Corp. | 5,912 | 188,888 |
Capital Bancorp, Inc. | 3,170 | 53,414 |
Capital City Bank Group, Inc. | 5,558 | 169,297 |
Capitol Federal Financial, Inc. | 53,473 | 331,533 |
Capstar Financial Holdings, Inc. | 7,364 | 98,530 |
Carter Bankshares, Inc. * | 9,825 | 126,251 |
Catalyst Bancorp, Inc. * | 1,359 | 14,623 |
Cathay General Bancorp | 31,365 | 999,603 |
CB Financial Services, Inc. | 2,090 | 44,987 |
Central Pacific Financial Corp. | 11,311 | 179,619 |
Central Valley Community Bancorp | 3,998 | 58,371 |
CF Bankshares, Inc. | 2,505 | 42,435 |
Chemung Financial Corp. | 1,306 | 52,436 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
ChoiceOne Financial Services, Inc. | 2,484 | 60,187 |
Citigroup, Inc. | 823,981 | 38,784,786 |
Citizens & Northern Corp. | 5,947 | 113,588 |
Citizens Community Bancorp Inc/WI | 3,309 | 33,355 |
Citizens Financial Group, Inc. | 209,863 | 6,493,161 |
Citizens Financial Services, Inc. | 1,520 | 131,617 |
Citizens Holdings Co. | 2,977 | 38,225 |
City Holding Co. | 6,363 | 580,242 |
Civista Bancshares, Inc. | 5,755 | 91,332 |
CNB Financial Corp. | 8,219 | 154,188 |
Coastal Financial Corp. * | 4,256 | 154,280 |
Codorus Valley Bancorp, Inc. | 4,360 | 85,718 |
Colony Bankcorp, Inc. | 7,200 | 71,136 |
Columbia Banking System, Inc. | 89,142 | 1,904,073 |
Columbia Financial, Inc. * | 14,396 | 241,565 |
Comerica, Inc. | 57,717 | 2,503,186 |
Commerce Bancshares, Inc. | 48,534 | 2,710,624 |
Community Bank System, Inc. | 23,037 | 1,150,929 |
Community Trust Bancorp, Inc. | 6,370 | 229,384 |
Community West Bancshares | 3,580 | 44,965 |
ConnectOne Bancorp, Inc. | 14,768 | 233,039 |
CrossFirst Bankshares, Inc. * | 17,616 | 176,688 |
Cullen/Frost Bankers, Inc. | 27,391 | 3,019,858 |
Cullman Bancorp, Inc. | 1,374 | 14,619 |
Customers Bancorp, Inc. * | 12,356 | 269,855 |
CVB Financial Corp. | 55,973 | 837,916 |
Dime Community Bancshares, Inc. | 13,235 | 272,641 |
Eagle Bancorp Montana, Inc. | 2,563 | 35,933 |
Eagle Bancorp, Inc. | 13,609 | 341,586 |
East West Bancorp, Inc. | 59,742 | 3,088,064 |
Eastern Bankshares, Inc. | 67,979 | 791,955 |
ECB Bancorp, Inc. * | 4,412 | 51,973 |
Enterprise Bancorp, Inc. | 3,412 | 98,402 |
Enterprise Financial Services Corp. | 15,939 | 681,552 |
Equity Bancshares, Inc., Class A | 6,351 | 149,566 |
Esquire Financial Holdings, Inc. | 3,256 | 125,877 |
ESSA Bancorp, Inc. | 3,176 | 51,102 |
Evans Bancorp, Inc. | 2,622 | 80,889 |
F.N.B. Corp. | 152,246 | 1,747,784 |
Farmers & Merchants Bancorp, Inc. | 6,004 | 136,891 |
Farmers National Banc Corp. | 14,833 | 173,398 |
FB Financial Corp. | 14,601 | 429,707 |
Fidelity D&D Bancorp, Inc. | 1,779 | 77,013 |
Fifth Third Bancorp | 291,202 | 7,629,492 |
Financial Institutions, Inc. | 6,134 | 107,222 |
Finward Bancorp | 1,806 | 53,277 |
Finwise Bancorp * | 4,562 | 38,549 |
First BanCorp | 76,777 | 902,130 |
First Bancorp/Southern Pines NC | 17,318 | 533,048 |
First Bank | 6,140 | 59,619 |
First Busey Corp. | 21,193 | 385,289 |
First Business Financial Services, Inc. | 2,713 | 77,836 |
First Capital, Inc. | 1,074 | 26,002 |
First Citizens BancShares, Inc., Class A | 5,050 | 5,086,259 |
First Commonwealth Financial Corp. | 43,700 | 545,376 |
First Community Bankshares, Inc. | 6,489 | 151,907 |
First Community Corp. | 3,520 | 74,730 |
First Financial Bancorp | 39,528 | 818,230 |
First Financial Bankshares, Inc. | 55,700 | 1,629,782 |
First Financial Corp. | 4,167 | 143,970 |
First Financial Northwest, Inc. | 2,960 | 35,964 |
First Foundation, Inc. | 23,207 | 145,972 |
First Guaranty Bancshares, Inc. | 2,887 | 39,234 |
First Hawaiian, Inc. | 53,985 | 1,031,653 |
First Horizon Corp. | 230,486 | 4,045,029 |
First Internet Bancorp | 3,435 | 50,529 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
First Interstate BancSystem, Inc., Class A | 37,438 | 958,038 |
First Merchants Corp. | 25,485 | 743,652 |
First Mid Bancshares, Inc. | 7,599 | 200,310 |
First National Corp/VA | 2,648 | 38,528 |
First Northwest Bancorp | 3,416 | 42,153 |
First Republic Bank (b) | 79,039 | 277,427 |
First Savings Financial Group, Inc. | 2,389 | 35,668 |
First Seacoast Bancorp, Inc. * | 3,389 | 29,010 |
First United Corp. | 2,849 | 42,650 |
First Western Financial, Inc. * | 2,786 | 49,479 |
Five Star Bancorp | 4,893 | 104,025 |
Flushing Financial Corp. | 12,108 | 145,659 |
FNCB Bancorp, Inc. | 8,643 | 54,451 |
Franklin Financial Services Corp. | 1,992 | 57,808 |
FS Bancorp, Inc. | 3,171 | 94,845 |
Fulton Financial Corp. | 71,236 | 849,845 |
FVCBankcorp, Inc. * | 4,925 | 47,329 |
German American Bancorp, Inc. | 11,788 | 342,677 |
Glacier Bancorp, Inc. | 47,268 | 1,570,716 |
Great Southern Bancorp, Inc. | 4,013 | 204,181 |
Greene County Bancorp, Inc. | 3,212 | 66,007 |
Guaranty Bancshares, Inc. | 3,536 | 85,253 |
Hancock Whitney Corp. | 36,120 | 1,319,102 |
Hanmi Financial Corp. | 13,522 | 218,516 |
HarborOne Bancorp, Inc. | 18,808 | 202,186 |
Hawthorn Bancshares, Inc. | 1,986 | 43,930 |
HBT Financial, Inc. | 5,821 | 102,682 |
Heartland Financial USA, Inc. | 15,796 | 514,318 |
Heritage Commerce Corp. | 26,186 | 222,581 |
Heritage Financial Corp. | 14,372 | 253,091 |
Hilltop Holdings, Inc. | 19,849 | 615,716 |
HMN Financial, Inc. | 2,233 | 40,462 |
Home Bancorp, Inc. | 3,387 | 106,115 |
Home BancShares, Inc. | 80,550 | 1,753,573 |
HomeStreet, Inc. | 8,389 | 81,877 |
HomeTrust Bancshares, Inc. | 6,363 | 132,796 |
Hope Bancorp, Inc. | 50,215 | 456,956 |
Horizon Bancorp, Inc. | 16,744 | 176,314 |
Huntington Bancshares, Inc. | 613,421 | 6,870,315 |
IF Bancorp, Inc. | 584 | 8,643 |
Independent Bank Corp. | 19,247 | 1,077,832 |
Independent Bank Corp., Michigan | 9,444 | 168,292 |
Independent Bank Group, Inc. | 15,071 | 548,283 |
International Bancshares Corp. | 22,759 | 971,127 |
Investar Holding Corp. | 3,333 | 44,729 |
John Marshall Bancorp, Inc. | 4,443 | 80,951 |
JPMorgan Chase & Co. | 1,249,084 | 172,673,372 |
Kearny Financial Corp. | 30,246 | 235,616 |
KeyCorp | 397,508 | 4,475,940 |
Lakeland Bancorp, Inc. | 27,779 | 398,351 |
Lakeland Financial Corp. | 10,817 | 548,097 |
Landmark Bancorp, Inc. | 1,978 | 40,054 |
LCNB Corp. | 4,732 | 72,400 |
Limestone Bancorp, Inc. | 1,093 | 25,598 |
Linkbancorp, Inc. | 5,773 | 37,294 |
Live Oak Bancshares, Inc. | 14,105 | 332,314 |
Luther Burbank Corp. | 2,989 | 27,021 |
M&T Bank Corp. | 72,002 | 9,057,852 |
Macatawa Bank Corp. | 10,493 | 98,110 |
Magyar Bancorp, Inc. | 1,051 | 10,815 |
MainStreet Bancshares, Inc. | 3,000 | 64,470 |
Malvern Bancorp, Inc. * | 3,772 | 54,920 |
Mercantile Bank Corp. | 5,802 | 162,804 |
Meridian Corp. | 3,846 | 35,960 |
Metrocity Bankshares, Inc. | 7,678 | 125,535 |
Metropolitan Bank Holding Corp. * | 4,799 | 154,000 |
Mid Penn Bancorp, Inc. | 5,597 | 126,604 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Middlefield Banc Corp. | 3,452 | 93,860 |
Midland States Bancorp, Inc. | 8,785 | 175,700 |
MidWestOne Financial Group, Inc. | 5,792 | 119,894 |
MVB Financial Corp. | 4,605 | 84,041 |
National Bank Holdings Corp., Class A | 15,969 | 507,814 |
National Bankshares, Inc. | 2,506 | 75,706 |
NBT Bancorp, Inc. | 18,519 | 597,053 |
New York Community Bancorp, Inc. | 289,915 | 3,099,186 |
Nicolet Bankshares, Inc. * | 5,917 | 339,103 |
Northeast Bank | 3,001 | 110,587 |
Northeast Community Bancorp, Inc. | 5,675 | 74,172 |
Northfield Bancorp, Inc. | 18,804 | 195,938 |
Northrim BanCorp, Inc. | 2,596 | 89,692 |
Northwest Bancshares, Inc. | 54,295 | 634,709 |
Norwood Financial Corp. | 3,060 | 82,253 |
NSTS Bancorp, Inc. * | 1,610 | 13,782 |
Oak Valley Bancorp | 2,147 | 55,371 |
OceanFirst Financial Corp. | 25,110 | 401,760 |
OFG Bancorp | 20,123 | 514,545 |
Ohio Valley Banc Corp. | 1,400 | 32,200 |
Old National Bancorp | 124,636 | 1,671,369 |
Old Point Financial Corp. | 1,643 | 35,489 |
Old Second Bancorp, Inc. | 17,372 | 213,502 |
OP Bancorp | 5,203 | 47,295 |
Orange County Bancorp, Inc. | 1,662 | 60,347 |
Origin Bancorp, Inc. | 12,052 | 354,690 |
Orrstown Financial Services, Inc. | 4,595 | 88,086 |
Pacific Premier Bancorp, Inc. | 40,415 | 898,830 |
PacWest Bancorp | 49,961 | 507,104 |
Park National Corp. | 6,164 | 667,684 |
Parke Bancorp, Inc. | 4,518 | 77,664 |
Partners Bancorp | 5,380 | 39,812 |
Pathfinder Bancorp, Inc. | 593 | 9,079 |
Pathward Financial, Inc. | 11,847 | 527,547 |
PB Bankshares, Inc. * | 2,277 | 28,827 |
PCB Bancorp | 4,081 | 56,399 |
Peapack-Gladstone Financial Corp. | 6,657 | 176,810 |
Penns Woods Bancorp, Inc. | 2,250 | 52,402 |
Peoples Bancorp of North Carolina, Inc. | 1,896 | 53,240 |
Peoples Bancorp, Inc. | 12,394 | 322,988 |
Peoples Financial Services Corp. | 2,693 | 108,663 |
Pinnacle Financial Partners, Inc. | 32,719 | 1,774,351 |
Pioneer Bancorp, Inc. * | 2,717 | 23,964 |
Plumas Bancorp | 2,267 | 86,849 |
Ponce Financial Group, Inc. * | 10,983 | 82,043 |
Popular, Inc. | 30,588 | 1,835,586 |
Preferred Bank | 5,696 | 273,864 |
Premier Financial Corp. | 14,638 | 243,137 |
Primis Financial Corp. | 10,278 | 90,960 |
Princeton Bancorp, Inc. | 1,590 | 45,585 |
Prosperity Bancshares, Inc. | 39,042 | 2,444,810 |
Provident Bancorp, Inc. | 6,035 | 41,219 |
Provident Financial Holdings, Inc. | 3,562 | 48,586 |
Provident Financial Services, Inc. | 32,096 | 561,038 |
QCR Holdings, Inc. | 7,130 | 295,182 |
RBB Bancorp | 6,055 | 75,324 |
Red River Bancshares, Inc. | 1,974 | 90,804 |
Regions Financial Corp. | 396,535 | 7,240,729 |
Renasant Corp. | 23,632 | 664,532 |
Republic Bancorp, Inc., Class A | 3,781 | 148,593 |
Republic First Bancorp, Inc. * | 17,184 | 21,136 |
Richmond Mutual BanCorp., Inc. | 4,348 | 43,437 |
Riverview Bancorp, Inc. | 6,215 | 31,852 |
S&T Bancorp, Inc. | 16,257 | 447,555 |
Salisbury Bancorp, Inc. | 2,188 | 50,193 |
Sandy Spring Bancorp, Inc. | 19,518 | 438,765 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
SB Financial Group, Inc. | 3,301 | 46,874 |
Seacoast Banking Corp. of Florida | 35,104 | 778,958 |
ServisFirst Bancshares, Inc. | 20,812 | 1,051,006 |
Shore Bancshares, Inc. | 7,290 | 96,811 |
Sierra Bancorp | 5,854 | 95,947 |
Simmons First National Corp., Class A | 54,646 | 913,135 |
SmartFinancial, Inc. | 6,197 | 133,483 |
Sound Financial Bancorp, Inc. | 596 | 22,332 |
South Plains Financial, Inc. | 5,663 | 116,261 |
Southern First Bancshares, Inc. * | 2,967 | 81,830 |
Southern Missouri Bancorp, Inc. | 4,045 | 146,753 |
Southern States Bancshares, Inc. | 2,910 | 65,824 |
Southside Bancshares, Inc. | 12,464 | 395,483 |
SouthState Corp. | 32,037 | 2,209,912 |
Stellar Bancorp, Inc. | 19,486 | 447,009 |
Sterling Bancorp, Inc. * | 9,738 | 52,780 |
Stock Yards Bancorp, Inc. | 12,183 | 592,094 |
Summit Financial Group, Inc. | 3,899 | 75,758 |
Summit State Bank | 1,071 | 16,204 |
Synovus Financial Corp. | 61,931 | 1,907,475 |
TC Bancshares, Inc. | 3,005 | 42,671 |
Territorial Bancorp, Inc. | 4,386 | 73,465 |
Texas Capital Bancshares, Inc. * | 20,746 | 1,042,486 |
The Bancorp, Inc. * | 23,768 | 758,437 |
The Community Financial Corp. | 1,951 | 59,505 |
The First BanCorp, Inc. | 3,588 | 88,624 |
The First Bancshares, Inc. | 11,989 | 300,924 |
The First of Long Island Corp. | 9,603 | 112,355 |
The Hingham Institution For Savings | 707 | 137,554 |
The PNC Financial Services Group, Inc. | 171,431 | 22,328,888 |
Third Coast Bancshares, Inc. * | 6,287 | 87,641 |
Timberland Bancorp, Inc. | 3,571 | 91,953 |
Tompkins Financial Corp. | 5,291 | 310,158 |
Towne Bank | 28,315 | 670,782 |
TriCo Bancshares | 14,278 | 511,295 |
Triumph Financial, Inc. | 9,395 | 488,164 |
Truist Financial Corp. | 567,549 | 18,490,746 |
TrustCo Bank Corp. | 7,608 | 227,023 |
Trustmark Corp. | 26,268 | 627,543 |
U.S. Bancorp | 595,325 | 20,407,741 |
UMB Financial Corp. | 18,535 | 1,179,011 |
Union Bankshares, Inc. | 2,125 | 46,814 |
United Bancorp, Inc. | 3,371 | 42,306 |
United Bankshares, Inc. | 57,288 | 1,897,951 |
United Community Banks, Inc. | 48,885 | 1,217,236 |
United Security Bancshares | 6,461 | 38,895 |
Unity Bancorp, Inc. | 2,383 | 55,166 |
Univest Financial Corp. | 12,810 | 257,737 |
USCB Financial Holdings, Inc. * | 5,422 | 51,617 |
Valley National Bancorp | 180,352 | 1,691,702 |
Veritex Holdings, Inc. | 23,608 | 406,294 |
Virginia National Bankshares Corp. | 2,256 | 73,839 |
Washington Federal, Inc. | 28,038 | 786,186 |
Washington Trust Bancorp, Inc. | 7,375 | 207,311 |
Webster Financial Corp. | 73,669 | 2,747,854 |
Wells Fargo & Co. | 1,622,527 | 64,495,448 |
WesBanco, Inc. | 25,094 | 668,002 |
West Bancorp, Inc. | 6,294 | 108,446 |
Westamerica Bancorp | 11,683 | 473,278 |
Western Alliance Bancorp | 46,076 | 1,710,341 |
Western New England Bancorp, Inc. | 10,349 | 70,063 |
William Penn Bancorp, Inc. | 4,788 | 49,604 |
Wintrust Financial Corp. | 26,034 | 1,779,945 |
WSFS Financial Corp. | 26,068 | 916,812 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Zions Bancorp NA | 63,860 | 1,779,140 |
596,442,798 | ||
Capital Goods 6.4% | ||
374Water, Inc. * | 24,532 | 71,388 |
3D Systems Corp. * | 57,208 | 524,025 |
3M Co. | 235,255 | 24,988,786 |
A.O. Smith Corp. | 54,011 | 3,688,411 |
AAON, Inc. | 17,979 | 1,761,942 |
AAR Corp. * | 14,100 | 744,198 |
Acuity Brands, Inc. | 13,602 | 2,140,683 |
Advanced Drainage Systems, Inc. | 26,652 | 2,284,609 |
Advent Technologies Holdings, Inc. *(a) | 18,150 | 13,794 |
AECOM | 59,908 | 4,975,359 |
Aerojet Rocketdyne Holdings, Inc. * | 32,114 | 1,811,551 |
AeroVironment, Inc. * | 10,567 | 1,063,991 |
AerSale Corp. * | 7,373 | 119,295 |
AGCO Corp. | 26,343 | 3,264,951 |
AgEagle Aerial Systems, Inc. * | 81,955 | 32,208 |
Air Lease Corp. | 43,586 | 1,753,029 |
Alamo Group, Inc. | 4,314 | 762,413 |
Albany International Corp., Class A | 13,181 | 1,202,239 |
Allegion plc | 37,388 | 4,130,626 |
Allied Motion Technologies, Inc. | 6,061 | 208,620 |
Allison Transmission Holdings, Inc. | 39,329 | 1,918,862 |
Alpha Pro Tech Ltd. * | 5,970 | 24,059 |
Alta Equipment Group, Inc. | 10,115 | 143,026 |
Ameresco, Inc., Class A * | 14,647 | 609,315 |
American Superconductor Corp. * | 15,966 | 64,662 |
American Woodmark Corp. * | 7,275 | 367,533 |
AMETEK, Inc. | 97,572 | 13,458,106 |
Amprius Technologies, Inc. * | 6,864 | 64,384 |
API Group Corp. * | 85,403 | 1,943,772 |
Apogee Enterprises, Inc. | 9,815 | 417,726 |
Applied Industrial Technologies, Inc. | 16,400 | 2,224,824 |
Archer Aviation, Inc., Class A * | 64,194 | 127,104 |
Arcosa, Inc. | 20,487 | 1,383,692 |
Argan, Inc. | 5,730 | 230,518 |
Armstrong World Industries, Inc. | 19,307 | 1,325,619 |
Array Technologies, Inc. * | 59,388 | 1,214,485 |
Astec Industries, Inc. | 9,833 | 405,906 |
Astra Space, Inc. * | 111,051 | 46,919 |
Astronics Corp. * | 12,013 | 177,072 |
Atkore, Inc. * | 16,714 | 2,111,480 |
Ault Alliance, Inc. * | 163,474 | 14,778 |
Axon Enterprise, Inc. * | 28,699 | 6,047,166 |
AZZ, Inc. | 10,234 | 386,129 |
Babcock & Wilcox Enterprises, Inc. * | 30,009 | 186,656 |
Barnes Group, Inc. | 21,513 | 904,191 |
Beacon Roofing Supply, Inc. * | 21,731 | 1,307,772 |
Beam Global *(a) | 3,328 | 29,686 |
Blink Charging Co. *(a) | 21,494 | 153,252 |
Bloom Energy Corp., Class A * | 76,689 | 1,276,872 |
Blue Bird Corp. * | 7,221 | 135,033 |
BlueLinx Holdings, Inc. * | 3,850 | 269,731 |
Boise Cascade Co. | 16,895 | 1,154,097 |
Bowman Consulting Group Ltd. * | 3,474 | 103,525 |
Broadwind, Inc. * | 7,298 | 36,198 |
Builders FirstSource, Inc. * | 62,510 | 5,924,073 |
BWX Technologies, Inc. | 38,882 | 2,511,000 |
Byrna Technologies, Inc. * | 5,967 | 31,148 |
Cadre Holdings, Inc. | 6,467 | 136,195 |
Capstone Green Energy Corp. * | 19,983 | 24,979 |
Carlisle Cos., Inc. | 21,972 | 4,742,656 |
Carrier Global Corp. | 355,374 | 14,861,741 |
Caterpillar, Inc. | 221,466 | 48,456,761 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
ChargePoint Holdings, Inc. *(a) | 111,156 | 963,723 |
Chart Industries, Inc. * | 18,137 | 2,414,035 |
CIRCOR International, Inc. * | 8,147 | 226,812 |
Columbus McKinnon Corp. | 11,948 | 414,715 |
Comfort Systems USA, Inc. | 15,228 | 2,276,434 |
Commercial Vehicle Group, Inc. * | 13,417 | 98,347 |
Concrete Pumping Holdings, Inc. * | 9,442 | 65,622 |
Construction Partners, Inc., Class A * | 17,169 | 445,364 |
Core & Main, Inc., Class A * | 31,425 | 818,935 |
Crane Co. * | 20,250 | 1,459,417 |
Crane Holdings Co. | 20,250 | 959,040 |
CSW Industrials, Inc. | 6,682 | 899,865 |
Cummins, Inc. | 60,182 | 14,145,177 |
Curtiss-Wright Corp. | 16,181 | 2,748,019 |
Custom Truck One Source, Inc. * | 24,214 | 152,064 |
Deere & Co. | 115,030 | 43,483,641 |
Desktop Metal, Inc., Class A *(a) | 101,606 | 223,533 |
Distribution Solutions Group, Inc. * | 1,541 | 71,934 |
Donaldson Co., Inc. | 51,364 | 3,264,182 |
Douglas Dynamics, Inc. | 9,360 | 274,342 |
Dover Corp. | 59,379 | 8,678,835 |
Dragonfly Energy Holdings Corp. *(a) | 3,845 | 19,456 |
Ducommun, Inc. * | 4,493 | 224,650 |
DXP Enterprises, Inc. * | 6,811 | 171,637 |
Dycom Industries, Inc. * | 12,629 | 1,169,698 |
Eaton Corp. plc | 169,285 | 28,290,909 |
EMCOR Group, Inc. | 20,120 | 3,440,520 |
Emerson Electric Co. | 243,307 | 20,257,741 |
Encore Wire Corp. | 7,836 | 1,225,002 |
Energous Corp. * | 53,756 | 20,180 |
Energy Recovery, Inc. * | 23,814 | 536,529 |
Energy Vault Holdings, Inc. *(a) | 35,879 | 60,636 |
Enerpac Tool Group Corp. | 24,176 | 574,422 |
EnerSys | 17,134 | 1,421,608 |
Enovix Corp. *(a) | 45,893 | 496,562 |
EnPro Industries, Inc. | 8,888 | 837,872 |
Eos Energy Enterprises, Inc. *(a) | 26,736 | 45,184 |
Esab Corp. | 22,029 | 1,285,612 |
ESCO Technologies, Inc. | 10,984 | 1,027,773 |
ESS Tech, Inc. *(a) | 28,078 | 30,043 |
EVI Industries, Inc. * | 2,765 | 55,106 |
Evoqua Water Technologies Corp. * | 52,179 | 2,580,252 |
Fastenal Co. | 242,829 | 13,073,913 |
Federal Signal Corp. | 25,806 | 1,325,912 |
Ferguson plc | 88,202 | 12,420,606 |
Flowserve Corp. | 58,221 | 1,943,999 |
Fluence Energy, Inc. * | 15,762 | 284,662 |
Fluor Corp. * | 60,702 | 1,764,000 |
Flux Power Holdings, Inc. * | 3,973 | 15,534 |
Fortive Corp. | 151,544 | 9,560,911 |
Fortune Brands Innovations, Inc. | 54,311 | 3,513,379 |
Franklin Electric Co., Inc. | 16,643 | 1,489,049 |
FreightCar America, Inc. * | 5,033 | 14,998 |
FTAI Aviation Ltd., Class A | 42,202 | 1,200,647 |
FTC Solar, Inc. * | 19,667 | 53,691 |
FuelCell Energy, Inc. * | 175,423 | 329,795 |
Gates Industrial Corp. plc * | 43,540 | 586,484 |
GATX Corp. | 14,922 | 1,699,765 |
Gencor Industries, Inc. * | 3,418 | 45,118 |
Generac Holdings, Inc. * | 26,982 | 2,758,100 |
General Dynamics Corp. | 95,806 | 20,918,282 |
General Electric Co. | 464,796 | 46,000,860 |
Gibraltar Industries, Inc. * | 13,337 | 667,383 |
Global Industrial Co. | 6,777 | 180,607 |
GMS, Inc. * | 17,591 | 1,021,333 |
Graco, Inc. | 71,831 | 5,695,480 |
GrafTech International Ltd. | 82,134 | 386,851 |
Graham Corp. * | 4,043 | 52,033 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Granite Construction, Inc. | 18,734 | 714,327 |
Great Lakes Dredge & Dock Corp. * | 30,154 | 172,782 |
Griffon Corp. | 20,413 | 580,750 |
H&E Equipment Services, Inc. | 14,463 | 527,900 |
Hayward Holdings, Inc. * | 49,023 | 590,237 |
HEICO Corp. | 16,822 | 2,836,862 |
HEICO Corp., Class A | 29,701 | 3,986,765 |
Helios Technologies, Inc. | 13,876 | 834,503 |
Herc Holdings, Inc. | 10,590 | 1,059,212 |
Hexcel Corp. | 35,688 | 2,572,391 |
Hillenbrand, Inc. | 29,737 | 1,356,602 |
Hillman Solutions Corp. * | 61,537 | 516,911 |
Honeywell International, Inc. | 284,859 | 56,926,223 |
Howmet Aerospace, Inc. | 156,037 | 6,910,879 |
Hubbell, Inc. | 23,019 | 6,199,477 |
Hudson Technologies, Inc. * | 17,443 | 134,834 |
Huntington Ingalls Industries, Inc. | 16,905 | 3,409,062 |
Hurco Cos., Inc. | 3,214 | 72,090 |
Hydrofarm Holdings Group, Inc. * | 27,153 | 42,630 |
Hyliion Holdings Corp. * | 59,911 | 82,078 |
Hyster-Yale Materials Handling, Inc. | 4,451 | 234,390 |
Ideal Power, Inc. * | 3,471 | 33,426 |
IDEX Corp. | 32,028 | 6,608,017 |
IES Holdings, Inc. * | 3,807 | 164,424 |
Illinois Tool Works, Inc. | 117,998 | 28,548,436 |
Ingersoll Rand, Inc. | 173,931 | 9,917,546 |
INNOVATE Corp. * | 23,119 | 66,120 |
Innovative Solutions and Support, Inc. * | 6,865 | 44,279 |
Insteel Industries, Inc. | 7,815 | 215,147 |
iSun, Inc. * | 7,289 | 4,592 |
ITT, Inc. | 35,365 | 2,986,221 |
Janus International Group, Inc. * | 33,335 | 300,015 |
JELD-WEN Holding, Inc. * | 35,262 | 450,648 |
John Bean Technologies Corp. | 13,560 | 1,474,108 |
Johnson Controls International plc | 292,838 | 17,523,426 |
Kadant, Inc. | 4,897 | 910,010 |
Kaman Corp. | 12,339 | 272,322 |
Karat Packaging, Inc. | 3,014 | 40,870 |
Kennametal, Inc. | 34,295 | 890,298 |
Kratos Defense & Security Solutions, Inc. * | 54,273 | 700,122 |
KULR Technology Group, Inc. * | 32,998 | 21,449 |
L.B. Foster Co., Class A * | 5,290 | 59,142 |
L3Harris Technologies, Inc. | 81,521 | 15,908,823 |
Lennox International, Inc. | 13,872 | 3,910,656 |
Limbach Holdings, Inc. * | 3,036 | 51,430 |
Lincoln Electric Holdings, Inc. | 24,532 | 4,116,470 |
Lindsay Corp. | 4,639 | 560,113 |
Lockheed Martin Corp. | 96,655 | 44,891,415 |
LSI Industries, Inc. | 12,912 | 163,853 |
Luxfer Holdings plc | 12,212 | 186,233 |
Manitex International, Inc. * | 9,465 | 48,934 |
Markforged Holding Corp. * | 47,003 | 45,823 |
Masco Corp. | 96,517 | 5,164,625 |
Masonite International Corp. * | 9,341 | 853,861 |
MasTec, Inc. * | 25,201 | 2,238,101 |
Masterbrand, Inc. * | 54,311 | 438,290 |
Matrix Service Co. * | 10,847 | 51,632 |
Maxar Technologies, Inc. | 32,039 | 1,689,096 |
Mayville Engineering Co., Inc. * | 3,327 | 40,257 |
McGrath RentCorp | 10,367 | 921,419 |
MDU Resources Group, Inc. | 85,928 | 2,510,816 |
Mercury Systems, Inc. * | 24,604 | 1,172,873 |
Miller Industries, Inc. | 5,104 | 166,390 |
Molekule Group, Inc. * | 13,717 | 22,770 |
Momentus, Inc. * | 54,908 | 23,616 |
Moog, Inc., Class A | 12,101 | 1,090,421 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
MRC Global, Inc. * | 35,400 | 344,796 |
MSC Industrial Direct Co., Inc., Class A | 20,140 | 1,827,302 |
Mueller Industries, Inc. | 24,243 | 1,741,860 |
Mueller Water Products, Inc., Class A | 66,450 | 890,430 |
MYR Group, Inc. * | 7,153 | 915,512 |
National Presto Industries, Inc. | 2,215 | 150,664 |
Nauticus Robotics, Inc. *(a) | 9,395 | 21,890 |
NeoVolta, Inc. * | 12,964 | 21,391 |
NEXTracker, Inc., Class A * | 11,449 | 360,529 |
Nikola Corp. *(a) | 160,299 | 141,945 |
NN, Inc. * | 28,401 | 30,673 |
Nordson Corp. | 22,858 | 4,944,414 |
Northrop Grumman Corp. | 61,379 | 28,312,291 |
Northwest Pipe Co. * | 4,286 | 118,036 |
NOW, Inc. * | 46,130 | 492,207 |
Nuburu, Inc. *(a) | 7,374 | 7,001 |
NuScale Power Corp. *(a) | 7,866 | 69,771 |
nVent Electric plc | 70,902 | 2,972,921 |
Ocean Power Technologies, Inc. * | 48,625 | 24,706 |
Omega Flex, Inc. | 1,422 | 156,434 |
Orion Energy Systems, Inc. * | 16,987 | 26,160 |
Orion Group Holdings, Inc. * | 16,674 | 39,684 |
Oshkosh Corp. | 27,933 | 2,137,433 |
Otis Worldwide Corp. | 176,407 | 15,047,517 |
Owens Corning | 39,697 | 4,240,037 |
PACCAR, Inc. | 222,277 | 16,601,869 |
Park Aerospace Corp. | 8,310 | 108,695 |
Parker-Hannifin Corp. | 54,770 | 17,793,678 |
Park-Ohio Holdings Corp. | 3,931 | 50,985 |
Parsons Corp. * | 13,686 | 595,341 |
Pentair plc | 70,066 | 4,069,433 |
Perma-Pipe International Holdings, Inc. * | 3,363 | 36,489 |
PGT Innovations, Inc. * | 25,562 | 655,921 |
Plug Power, Inc. *(a) | 222,475 | 2,008,949 |
Powell Industries, Inc. | 4,127 | 165,328 |
Preformed Line Products Co. | 1,284 | 159,576 |
Primoris Services Corp. | 21,965 | 555,714 |
Proterra, Inc. * | 83,106 | 97,234 |
Proto Labs, Inc. * | 11,556 | 332,466 |
Quanex Building Products Corp. | 13,404 | 256,016 |
Quanta Services, Inc. | 60,679 | 10,293,586 |
Raytheon Technologies Corp. | 623,082 | 62,245,892 |
RBC Bearings, Inc. * | 12,299 | 2,791,996 |
Redwire Corp. *(a) | 10,290 | 33,237 |
Regal Rexnord Corp. | 28,030 | 3,648,385 |
Resideo Technologies, Inc. * | 61,192 | 1,089,218 |
REV Group, Inc. | 13,601 | 145,939 |
Rocket Lab USA, Inc. * | 90,768 | 355,811 |
Rockwell Automation, Inc. | 49,116 | 13,919,966 |
Rush Enterprises, Inc., Class A | 18,297 | 971,754 |
Rush Enterprises, Inc., Class B | 2,830 | 165,781 |
Sensata Technologies Holding plc | 64,856 | 2,817,993 |
SES AI Corp. *(a) | 59,899 | 97,635 |
Shoals Technologies Group, Inc., Class A * | 68,148 | 1,423,612 |
Simpson Manufacturing Co., Inc. | 18,178 | 2,286,429 |
SiteOne Landscape Supply, Inc. * | 19,194 | 2,835,722 |
SKYX Platforms Corp. *(a) | 16,813 | 64,058 |
Snap-on, Inc. | 22,577 | 5,856,700 |
Spirit AeroSystems Holdings, Inc., Class A | 44,832 | 1,334,200 |
SPX Technologies, Inc. * | 19,158 | 1,219,981 |
Standex International Corp. | 5,059 | 621,296 |
Stanley Black & Decker, Inc. | 64,086 | 5,533,185 |
Stem, Inc. *(a) | 64,349 | 272,196 |
Sterling Infrastructure, Inc. * | 13,007 | 480,218 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
SunPower Corp. * | 35,778 | 472,985 |
Sunrun, Inc. * | 90,695 | 1,908,223 |
Sunworks, Inc. * | 17,256 | 13,995 |
Symbotic, Inc. *(a) | 6,367 | 169,108 |
Taylor Devices, Inc. * | 2,017 | 43,870 |
Tecnoglass, Inc. | 8,161 | 357,860 |
Tennant Co. | 7,658 | 585,224 |
Terex Corp. | 28,483 | 1,270,057 |
Terran Orbital Corp. *(a) | 23,493 | 41,818 |
Textron, Inc. | 88,592 | 5,930,348 |
The AZEK Co., Inc. * | 45,856 | 1,244,532 |
The Boeing Co. * | 239,589 | 49,542,213 |
The Eastern Co. | 1,809 | 32,110 |
The Gorman-Rupp Co. | 9,748 | 239,313 |
The Greenbrier Cos., Inc. | 14,507 | 383,710 |
The LS Starrett Co., Class A * | 2,865 | 30,598 |
The Manitowoc Co., Inc. * | 15,925 | 243,493 |
The Middleby Corp. * | 22,968 | 3,235,732 |
The Shyft Group, Inc. | 13,268 | 332,761 |
The Timken Co. | 27,899 | 2,144,038 |
The Toro Co. | 44,421 | 4,631,333 |
Thermon Group Holdings, Inc. * | 14,491 | 301,123 |
Titan International, Inc. * | 20,997 | 204,931 |
Titan Machinery, Inc. * | 8,199 | 257,039 |
TPI Composites, Inc. * | 19,088 | 235,928 |
Trane Technologies plc | 97,392 | 18,096,408 |
Transcat, Inc. * | 2,965 | 226,200 |
TransDigm Group, Inc. | 22,205 | 16,986,825 |
Trex Co., Inc. * | 46,736 | 2,554,590 |
Trinity Industries, Inc. | 34,521 | 826,778 |
Triton International Ltd. | 24,890 | 2,057,656 |
Triumph Group, Inc. * | 27,104 | 292,994 |
Tutor Perini Corp. * | 18,907 | 100,207 |
Twin Disc, Inc. * | 5,599 | 64,109 |
UFP Industries, Inc. | 26,262 | 2,062,092 |
Ultralife Corp. * | 6,691 | 28,035 |
United Rentals, Inc. | 29,658 | 10,709,800 |
Univar Solutions, Inc. * | 69,333 | 2,461,321 |
Urban-Gro, Inc. * | 4,382 | 8,545 |
V2X, Inc. * | 4,770 | 206,064 |
Valmont Industries, Inc. | 9,070 | 2,635,379 |
Velo3D, Inc. *(a) | 23,266 | 54,442 |
Veritiv Corp. | 5,644 | 648,326 |
Vertiv Holdings Co. | 128,631 | 1,919,175 |
Vicor Corp. * | 9,399 | 403,875 |
Virgin Galactic Holdings, Inc. *(a) | 103,241 | 375,797 |
VirTra, Inc. * | 8,132 | 42,937 |
W.W. Grainger, Inc. | 19,172 | 13,335,468 |
Wabash National Corp. | 19,725 | 506,341 |
Watsco, Inc. | 14,399 | 4,987,526 |
Watts Water Technologies, Inc., Class A | 11,495 | 1,859,086 |
WESCO International, Inc. | 18,974 | 2,732,256 |
Westinghouse Air Brake Technologies Corp. | 77,154 | 7,535,631 |
Westwater Resources, Inc. * | 34,475 | 27,925 |
Willis Lease Finance Corp. * | 1,159 | 58,530 |
WillScot Mobile Mini Holdings Corp. * | 88,823 | 4,032,564 |
Woodward, Inc. | 25,328 | 2,431,995 |
Xometry, Inc., Class A * | 12,314 | 171,041 |
Xos, Inc. * | 22,000 | 11,163 |
Xylem, Inc. | 76,585 | 7,952,586 |
Zurn Elkay Water Solutions Corp. | 65,648 | 1,414,714 |
1,107,311,892 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Commercial & Professional Services 1.7% | ||
ABM Industries, Inc. | 28,429 | 1,210,507 |
ACCO Brands Corp. | 38,516 | 176,403 |
Acme United Corp. | 1,454 | 38,095 |
ACV Auctions, Inc., Class A * | 50,955 | 663,944 |
Alight, Inc., Class A * | 132,799 | 1,228,391 |
Aqua Metals, Inc. * | 23,651 | 27,199 |
ARC Document Solutions, Inc. | 19,042 | 57,888 |
Aris Water Solution, Inc., Class A | 11,072 | 80,493 |
ASGN, Inc. * | 21,209 | 1,518,352 |
Asure Software, Inc. * | 7,413 | 98,889 |
Aurora Innovation, Inc. * | 153,867 | 220,030 |
Automatic Data Processing, Inc. | 176,210 | 38,766,200 |
Barrett Business Services, Inc. | 3,084 | 257,853 |
BGSF, Inc. | 2,723 | 26,222 |
BlackSky Technology, Inc. *(a) | 43,595 | 54,058 |
Booz Allen Hamilton Holding Corp. | 56,296 | 5,388,653 |
Brady Corp., Class A | 19,596 | 999,984 |
BrightView Holdings, Inc. * | 19,228 | 106,331 |
Broadridge Financial Solutions, Inc. | 49,992 | 7,269,337 |
CACI International, Inc., Class A * | 10,018 | 3,138,840 |
Casella Waste Systems, Inc., Class A * | 21,742 | 1,935,038 |
CBIZ, Inc. * | 21,058 | 1,109,546 |
CECO Environmental Corp. * | 12,430 | 144,312 |
Ceridian HCM Holding, Inc. * | 65,406 | 4,151,973 |
Cimpress plc * | 8,208 | 426,406 |
Cintas Corp. | 36,725 | 16,738,153 |
Clarivate plc * | 183,840 | 1,628,822 |
Clean Harbors, Inc. * | 21,369 | 3,101,924 |
Concentrix Corp. | 18,132 | 1,749,919 |
Conduent, Inc. * | 68,566 | 240,667 |
Copart, Inc. * | 182,396 | 14,418,404 |
CoreCivic, Inc. * | 49,662 | 436,529 |
CoStar Group, Inc. * | 174,026 | 13,391,301 |
CRA International, Inc. | 2,904 | 305,327 |
CSG Systems International, Inc. | 12,935 | 681,416 |
Deluxe Corp. | 17,516 | 265,367 |
DLH Holdings Corp. * | 3,968 | 38,767 |
Driven Brands Holdings, Inc. * | 23,892 | 733,484 |
Dun & Bradstreet Holdings, Inc. | 93,950 | 1,049,421 |
Ennis, Inc. | 10,401 | 202,091 |
Equifax, Inc. | 52,031 | 10,842,220 |
ExlService Holdings, Inc. * | 14,111 | 2,517,120 |
Exponent, Inc. | 21,599 | 1,988,188 |
First Advantage Corp. * | 24,470 | 314,684 |
FiscalNote Holdings, Inc. * | 31,549 | 57,104 |
Forrester Research, Inc. * | 4,414 | 136,569 |
Franklin Covey Co. * | 5,263 | 193,257 |
FTI Consulting, Inc. * | 14,693 | 2,652,086 |
Fuel Tech, Inc. * | 25,095 | 30,867 |
GEE Group, Inc. * | 66,522 | 32,928 |
Genpact Ltd. | 72,644 | 3,236,290 |
Harsco Corp. * | 34,248 | 235,284 |
Healthcare Services Group, Inc. | 30,803 | 480,835 |
Heidrick & Struggles International, Inc. | 8,008 | 201,081 |
Heritage-Crystal Clean, Inc. * | 7,053 | 246,573 |
HireQuest, Inc. | 1,724 | 36,032 |
HireRight Holdings Corp. * | 8,556 | 90,694 |
HNI Corp. | 18,060 | 469,199 |
Hudson Global, Inc. * | 1,522 | 33,103 |
Huron Consulting Group, Inc. * | 8,512 | 721,732 |
ICF International, Inc. | 7,219 | 822,966 |
Innodata, Inc. * | 7,993 | 52,914 |
Insperity, Inc. | 15,136 | 1,853,555 |
Interface, Inc. | 23,118 | 181,245 |
Jacobs Solutions, Inc. | 54,343 | 6,274,443 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
KAR Auction Services, Inc. * | 46,068 | 623,761 |
KBR, Inc. | 58,355 | 3,310,479 |
Kelly Services, Inc., Class A | 14,539 | 238,585 |
Kforce, Inc. | 8,111 | 479,685 |
Kimball International, Inc., Class B | 14,994 | 184,576 |
Knightscope, Inc., Class A * | 18,211 | 11,172 |
Korn Ferry | 22,604 | 1,085,444 |
LegalZoom.com, Inc. * | 41,173 | 386,203 |
Leidos Holdings, Inc. | 58,467 | 5,452,632 |
Liquidity Services, Inc. * | 10,485 | 137,039 |
ManpowerGroup, Inc. | 21,518 | 1,629,128 |
Mastech Digital, Inc. * | 3,073 | 27,135 |
Matthews International Corp., Class A | 12,972 | 491,250 |
Maximus, Inc. | 26,850 | 2,246,002 |
MillerKnoll, Inc. | 32,897 | 559,578 |
Mistras Group, Inc. * | 7,028 | 57,067 |
Montrose Environmental Group, Inc. * | 11,954 | 364,119 |
MSA Safety, Inc. | 15,667 | 2,032,793 |
NL Industries, Inc. | 5,834 | 37,513 |
NV5 Global, Inc. * | 5,244 | 496,764 |
Odyssey Marine Exploration, Inc. * | 9,740 | 30,097 |
Paychex, Inc. | 136,641 | 15,011,380 |
Paycom Software, Inc. * | 20,453 | 5,938,938 |
Paycor HCM, Inc. * | 20,757 | 487,789 |
Paylocity Holding Corp. * | 17,485 | 3,379,676 |
Performant Financial Corp. * | 24,843 | 80,491 |
Perma-Fix Environmental Services, Inc. * | 5,410 | 49,123 |
Pitney Bowes, Inc. | 72,387 | 254,078 |
Planet Labs PBC * | 85,241 | 347,783 |
Quad Graphics, Inc. * | 10,911 | 38,079 |
Quest Resource Holding Corp. * | 7,972 | 42,849 |
RCM Technologies, Inc. * | 3,160 | 35,518 |
Red Violet, Inc. * | 5,306 | 90,733 |
Republic Services, Inc. | 87,535 | 12,659,312 |
Resources Connection, Inc. | 13,566 | 197,928 |
Robert Half International, Inc. | 45,937 | 3,353,401 |
Rollins, Inc. | 98,439 | 4,159,048 |
Science Applications International Corp. | 23,168 | 2,363,831 |
Skillsoft Corp. * | 35,359 | 43,492 |
SP Plus Corp. * | 8,590 | 293,520 |
Spire Global, Inc. * | 38,120 | 26,684 |
SS&C Technologies Holdings, Inc. | 93,376 | 5,466,231 |
Steel Connect, Inc. * | 28,905 | 30,350 |
Steelcase, Inc., Class A | 41,203 | 329,624 |
Stericycle, Inc. * | 38,887 | 1,775,192 |
Sterling Check Corp. * | 9,867 | 110,905 |
TaskUS, Inc., Class A * | 10,367 | 139,540 |
Team, Inc. * | 2,284 | 11,806 |
Tetra Tech, Inc. | 22,580 | 3,124,395 |
The Brink's Co. | 19,911 | 1,251,406 |
The GEO Group, Inc. * | 52,634 | 396,334 |
TransUnion | 81,992 | 5,641,869 |
TriNet Group, Inc. * | 15,593 | 1,446,719 |
TrueBlue, Inc. * | 14,017 | 212,358 |
TTEC Holdings, Inc. | 8,462 | 288,300 |
UniFirst Corp. | 6,373 | 1,043,133 |
Upwork, Inc. * | 50,122 | 479,668 |
Verisk Analytics, Inc. | 66,502 | 12,908,703 |
Verra Mobility Corp. * | 59,168 | 1,002,898 |
Viad Corp. * | 8,115 | 154,428 |
VSE Corp. | 4,772 | 201,808 |
Waste Management, Inc. | 158,020 | 26,239,221 |
Where Food Comes From, Inc. * | 1,066 | 14,508 |
Willdan Group, Inc. * | 5,928 | 86,845 |
288,868,421 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Consumer Discretionary Distribution & Retail 4.8% | ||
1-800-Flowers.com, Inc., Class A * | 11,856 | 109,194 |
1stdibs.com, Inc. * | 9,755 | 36,679 |
Abercrombie & Fitch Co., Class A * | 20,478 | 482,052 |
Academy Sports & Outdoors, Inc. | 33,236 | 2,111,151 |
Advance Auto Parts, Inc. | 25,332 | 3,179,926 |
Amazon.com, Inc. * | 3,796,731 | 400,365,284 |
American Eagle Outfitters, Inc. | 73,489 | 984,018 |
America's Car-Mart, Inc. * | 2,651 | 213,114 |
Arhaus, Inc. * | 7,622 | 61,128 |
Arko Corp. | 30,423 | 254,336 |
Asbury Automotive Group, Inc. * | 9,406 | 1,819,685 |
AutoNation, Inc. * | 14,549 | 1,916,103 |
AutoZone, Inc. * | 8,006 | 21,322,460 |
BARK, Inc. * | 57,147 | 62,862 |
Barnes & Noble Education, Inc. * | 11,885 | 18,541 |
Bath & Body Works, Inc. | 97,229 | 3,412,738 |
Best Buy Co., Inc. | 83,811 | 6,245,596 |
Big 5 Sporting Goods Corp. (a) | 7,723 | 60,857 |
Big Lots, Inc. | 11,917 | 107,134 |
Boot Barn Holdings, Inc. * | 12,699 | 920,297 |
Brilliant Earth Group, Inc., Class A * | 4,000 | 16,720 |
Build-A-Bear Workshop, Inc. | 4,907 | 113,842 |
Burlington Stores, Inc. * | 27,680 | 5,336,981 |
Caleres, Inc. | 14,963 | 341,156 |
Camping World Holdings, Inc., Class A | 17,775 | 397,982 |
CarMax, Inc. * | 67,381 | 4,718,691 |
CarParts.com, Inc. * | 19,856 | 94,117 |
Carvana Co. *(a) | 41,387 | 287,226 |
Chewy, Inc., Class A * | 39,767 | 1,233,175 |
Chico's FAS, Inc. * | 51,645 | 260,291 |
Citi Trends, Inc. * | 3,328 | 57,441 |
Conn's, Inc. * | 7,390 | 35,324 |
Designer Brands, Inc., Class A | 22,259 | 182,301 |
Destination XL Group, Inc. * | 23,026 | 101,084 |
Dick's Sporting Goods, Inc. | 25,450 | 3,690,504 |
Dillard's, Inc., Class A | 1,404 | 418,940 |
Duluth Holdings, Inc., Class B * | 5,930 | 37,122 |
eBay, Inc. | 231,535 | 10,750,170 |
Envela Corp. * | 4,047 | 25,537 |
Etsy, Inc. * | 53,581 | 5,413,288 |
EVgo, Inc. *(a) | 28,647 | 171,596 |
Express, Inc. * | 47,517 | 38,370 |
Five Below, Inc. * | 23,601 | 4,657,893 |
Floor & Decor Holdings, Inc., Class A * | 45,132 | 4,483,413 |
Foot Locker, Inc. | 33,730 | 1,416,323 |
Franchise Group, Inc. | 11,469 | 335,468 |
Funko, Inc., Class A * | 14,201 | 140,022 |
GameStop Corp., Class A *(a) | 107,613 | 2,075,855 |
Genesco, Inc. * | 5,301 | 183,733 |
Genuine Parts Co. | 60,271 | 10,144,212 |
Group 1 Automotive, Inc. | 6,210 | 1,394,021 |
Groupon, Inc. *(a) | 10,000 | 35,800 |
GrowGeneration Corp. * | 25,514 | 87,258 |
Guess?, Inc. | 12,378 | 233,325 |
Haverty Furniture Cos., Inc. | 5,993 | 180,629 |
Hibbett, Inc. | 5,232 | 284,255 |
J Jill Inc. * | 1,560 | 38,579 |
JOANN, Inc. (a) | 5,197 | 8,991 |
Kirkland's, Inc. *(a) | 6,028 | 18,385 |
Kohl's Corp. | 47,586 | 1,048,320 |
Lands' End, Inc. * | 4,426 | 31,734 |
Lazydays Holdings, Inc. * | 2,659 | 31,509 |
Leslie's, Inc. * | 64,399 | 698,729 |
Lithia Motors, Inc. | 11,636 | 2,570,276 |
LKQ Corp. | 108,621 | 6,270,690 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
LL Flooring Holdings, Inc. * | 9,682 | 31,854 |
Lowe’s Cos., Inc. | 257,489 | 53,513,939 |
Lulu's Fashion Lounge Holdings, Inc. * | 2,659 | 5,983 |
Macy's, Inc. | 115,102 | 1,880,767 |
MarineMax, Inc. * | 8,793 | 256,052 |
Monro, Inc. | 13,330 | 651,570 |
Murphy USA, Inc. | 8,528 | 2,347,161 |
National Vision Holdings, Inc. * | 34,427 | 724,344 |
Nordstrom, Inc. (a) | 48,143 | 744,291 |
Ollie's Bargain Outlet Holdings, Inc. * | 24,405 | 1,592,426 |
OneWater Marine, Inc., Class A * | 4,282 | 113,045 |
O'Reilly Automotive, Inc. * | 26,567 | 24,370,175 |
Overstock.com, Inc. * | 19,472 | 396,450 |
Penske Automotive Group, Inc. | 10,796 | 1,496,110 |
Petco Health & Wellness Co., Inc. * | 33,512 | 333,779 |
PetMed Express, Inc. | 10,374 | 159,448 |
Polished.Com, Inc. * | 39,276 | 18,091 |
Pool Corp. | 16,645 | 5,847,721 |
Qurate Retail, Inc., Series A * | 145,107 | 115,592 |
Rent the Runway, Inc., Class A *(a) | 22,080 | 57,629 |
Revolve Group, Inc. * | 18,087 | 373,497 |
RH * | 7,920 | 2,020,630 |
Ross Stores, Inc. | 147,072 | 15,696,995 |
RumbleON, Inc., Class B * | 3,322 | 22,590 |
Sally Beauty Holdings, Inc. * | 44,879 | 638,628 |
Shift Technologies, Inc. * | 6,078 | 8,753 |
Shoe Carnival, Inc. | 7,662 | 178,141 |
Signet Jewelers Ltd. | 19,313 | 1,421,051 |
Sleep Number Corp. * | 9,204 | 207,550 |
Sonic Automotive, Inc., Class A | 6,954 | 309,592 |
Sportsman's Warehouse Holdings, Inc. * | 14,642 | 91,073 |
The Aaron's Co., Inc. | 12,845 | 171,481 |
The Buckle, Inc. | 12,881 | 431,900 |
The Cato Corp., Class A | 7,948 | 65,571 |
The Children's Place, Inc. * | 5,140 | 152,350 |
The Container Store Group, Inc. * | 14,357 | 44,363 |
The Gap, Inc. | 90,677 | 870,499 |
The Home Depot, Inc. | 434,102 | 130,465,015 |
The ODP Corp. * | 16,845 | 727,872 |
The RealReal, Inc. *(a) | 43,796 | 49,051 |
The TJX Cos., Inc. | 492,168 | 38,792,682 |
ThredUp, Inc., Class A * | 31,702 | 83,693 |
Tile Shop Holdings, Inc. * | 15,152 | 71,063 |
Tilly's, Inc., Class A * | 9,759 | 73,290 |
Tractor Supply Co. | 47,405 | 11,301,352 |
TravelCenters of America, Inc. * | 5,495 | 473,284 |
Ulta Beauty, Inc. * | 21,696 | 11,963,825 |
Upbound Group, Inc. | 21,551 | 574,550 |
Urban Outfitters, Inc. * | 25,860 | 699,772 |
Valvoline, Inc. | 73,115 | 2,526,123 |
Victoria's Secret & Co. * | 34,060 | 1,056,201 |
Vroom, Inc. * | 52,000 | 42,063 |
Warby Parker, Inc., Class A * | 26,700 | 281,151 |
Wayfair, Inc., Class A * | 32,757 | 1,140,926 |
Weyco Group, Inc. | 3,125 | 84,812 |
Williams-Sonoma, Inc. | 28,379 | 3,434,994 |
Winmark Corp. | 1,169 | 390,352 |
Zumiez, Inc. * | 6,961 | 121,713 |
835,489,308 | ||
Consumer Durables & Apparel 1.3% | ||
Acushnet Holdings Corp. | 13,529 | 678,209 |
Allbirds, Inc., Class A * | 39,597 | 49,496 |
American Outdoor Brands, Inc. * | 6,310 | 56,411 |
AMMO, Inc. *(a) | 41,078 | 80,924 |
Aterian, Inc. * | 39,259 | 31,062 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Bassett Furniture Industries, Inc. | 4,101 | 58,849 |
Beazer Homes USA, Inc. * | 12,137 | 258,639 |
Brunswick Corp. | 30,857 | 2,616,365 |
Capri Holdings Ltd. * | 53,380 | 2,215,270 |
Carter's, Inc. | 16,335 | 1,139,693 |
Cavco Industries, Inc. * | 3,400 | 1,020,748 |
Century Communities, Inc. | 11,985 | 807,070 |
Clarus Corp. | 11,806 | 114,872 |
Columbia Sportswear Co. | 14,813 | 1,237,478 |
Cricut, Inc., Class A (a) | 18,379 | 167,800 |
Crocs, Inc. * | 26,293 | 3,251,655 |
Crown Crafts, Inc. | 5,621 | 31,028 |
Culp, Inc. * | 2,586 | 14,120 |
D.R. Horton, Inc. | 132,639 | 14,566,415 |
Deckers Outdoor Corp. * | 11,311 | 5,421,815 |
Delta Apparel, Inc. * | 1,907 | 21,721 |
Dream Finders Homes, Inc., Class A * | 8,602 | 131,180 |
Escalade, Inc. | 3,803 | 57,501 |
Ethan Allen Interiors, Inc. | 9,223 | 257,598 |
Flexsteel Industries, Inc. | 2,656 | 46,055 |
Fossil Group, Inc. * | 19,967 | 67,089 |
Garmin Ltd. | 65,222 | 6,402,844 |
G-III Apparel Group Ltd. * | 17,626 | 276,728 |
GoPro, Inc., Class A * | 54,737 | 234,274 |
Green Brick Partners, Inc. * | 12,016 | 447,836 |
Hamilton Beach Brands Holding Co., Class A | 3,706 | 37,097 |
Hanesbrands, Inc. | 148,070 | 775,887 |
Hasbro, Inc. | 55,345 | 3,277,531 |
Helen of Troy Ltd. * | 10,307 | 1,034,204 |
Hooker Furnishings Corp. | 5,571 | 88,078 |
Hovnanian Enterprises, Inc., Class A * | 2,021 | 149,089 |
Installed Building Products, Inc. | 9,861 | 1,225,426 |
iRobot Corp. * | 11,608 | 456,543 |
JAKKS Pacific, Inc. * | 3,907 | 87,517 |
Johnson Outdoors, Inc., Class A | 2,060 | 119,480 |
KB Home | 35,481 | 1,554,777 |
Kontoor Brands, Inc. | 20,786 | 938,904 |
Lakeland Industries, Inc. | 3,608 | 43,476 |
Landsea Homes Corp. * | 6,542 | 43,177 |
Latham Group, Inc. * | 20,641 | 49,745 |
La-Z-Boy, Inc. | 19,021 | 546,473 |
Legacy Housing Corp. * | 2,853 | 61,625 |
Leggett & Platt, Inc. | 56,790 | 1,834,885 |
Lennar Corp., Class A | 112,980 | 12,745,274 |
Levi Strauss & Co., Class A | 40,543 | 586,252 |
LGI Homes, Inc. * | 8,767 | 1,041,520 |
Lifetime Brands, Inc. | 5,690 | 27,881 |
Live Ventures, Inc. * | 537 | 17,050 |
Lululemon Athletica, Inc. * | 49,480 | 18,798,936 |
M.D.C. Holdings, Inc. | 24,891 | 1,019,784 |
M/I Homes, Inc. * | 11,449 | 774,410 |
Malibu Boats, Inc., Class A * | 8,904 | 505,302 |
Marine Products Corp. | 5,165 | 71,122 |
MasterCraft Boat Holdings, Inc. * | 7,841 | 229,506 |
Mattel, Inc. * | 151,091 | 2,719,638 |
Meritage Homes Corp. | 15,385 | 1,970,049 |
Mohawk Industries, Inc. * | 22,550 | 2,388,045 |
Movado Group, Inc. | 6,936 | 177,700 |
Nautilus, Inc. * | 11,457 | 15,238 |
Newell Brands, Inc. | 164,997 | 2,004,714 |
NIKE, Inc., Class B | 529,997 | 67,161,220 |
NVR, Inc. * | 1,285 | 7,504,400 |
Oxford Industries, Inc. | 6,214 | 641,223 |
Peloton Interactive, Inc., Class A * | 139,517 | 1,238,911 |
PLBY Group, Inc. *(a) | 26,704 | 44,596 |
Polaris, Inc. | 23,112 | 2,511,119 |
PulteGroup, Inc. | 96,373 | 6,471,447 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Purple Innovation, Inc. | 27,507 | 81,696 |
PVH Corp. | 26,860 | 2,304,857 |
Ralph Lauren Corp. | 17,440 | 2,001,938 |
Rocky Brands, Inc. | 2,880 | 84,154 |
Skechers U.S.A., Inc., Class A * | 57,348 | 3,050,340 |
Skyline Champion Corp. * | 22,375 | 1,659,554 |
Smith & Wesson Brands, Inc. | 26,697 | 320,898 |
Snap One Holdings Corp. * | 8,443 | 82,404 |
Solo Brands, Inc., Class A * | 6,658 | 53,197 |
Sonos, Inc. * | 54,410 | 1,150,227 |
Steven Madden Ltd. | 31,311 | 1,097,137 |
Sturm, Ruger & Co., Inc. | 7,246 | 417,080 |
Superior Group of Cos., Inc. | 5,398 | 42,104 |
Tapestry, Inc. | 100,041 | 4,082,673 |
Taylor Morrison Home Corp. * | 46,041 | 1,983,907 |
Tempur Sealy International, Inc. | 72,668 | 2,722,870 |
The Lovesac Co. * | 6,938 | 182,400 |
Toll Brothers, Inc. | 43,651 | 2,789,735 |
TopBuild Corp. * | 13,603 | 3,067,204 |
Topgolf Callaway Brands Corp. * | 58,903 | 1,305,880 |
Traeger, Inc. * | 23,917 | 72,708 |
Tri Pointe Homes, Inc. * | 43,323 | 1,242,504 |
Tupperware Brands Corp. * | 18,352 | 22,940 |
Under Armour, Inc., Class A * | 88,754 | 787,248 |
Under Armour, Inc., Class C * | 81,322 | 653,829 |
Unifi, Inc. * | 5,875 | 51,582 |
Universal Electronics, Inc. * | 5,590 | 56,179 |
Vera Bradley, Inc. * | 11,087 | 58,096 |
VF Corp. | 144,321 | 3,392,987 |
Vista Outdoor, Inc. * | 23,977 | 577,846 |
Vizio Holding Corp., Class A * | 23,851 | 204,403 |
VOXX International Corp. * | 5,522 | 70,516 |
Vuzix Corp. *(a) | 26,677 | 107,242 |
Whirlpool Corp. | 23,160 | 3,232,904 |
Wolverine World Wide, Inc. | 33,611 | 562,648 |
YETI Holdings, Inc. * | 36,886 | 1,455,153 |
225,779,036 | ||
Consumer Services 2.5% | ||
2U, Inc. * | 34,892 | 193,302 |
Accel Entertainment, Inc. * | 23,774 | 210,400 |
ADT, Inc. | 88,932 | 595,844 |
Adtalem Global Education, Inc. * | 19,592 | 794,847 |
Airbnb, Inc., Class A * | 170,116 | 20,357,782 |
American Public Education, Inc. * | 7,053 | 40,202 |
Aramark | 110,690 | 3,840,943 |
Bally's Corp. * | 11,844 | 203,717 |
Biglari Holdings, Inc., Class B * | 514 | 89,025 |
BJ's Restaurants, Inc. * | 10,196 | 331,778 |
Bloomin' Brands, Inc. | 36,977 | 915,920 |
Bluegreen Vacations Holding Corp. | 3,499 | 100,736 |
Booking Holdings, Inc. * | 16,505 | 44,337,547 |
Bowlero Corp. * | 15,311 | 224,000 |
Boyd Gaming Corp. | 33,374 | 2,316,156 |
Bright Horizons Family Solutions, Inc. * | 24,488 | 1,864,027 |
Brinker International, Inc. * | 18,764 | 749,059 |
Caesars Entertainment, Inc. * | 91,623 | 4,149,606 |
Canterbury Park Holding Corp. | 1,452 | 32,670 |
Carnival Corp. * | 427,125 | 3,933,821 |
Carriage Services, Inc. | 5,752 | 165,140 |
Carrols Restaurant Group, Inc. * | 10,728 | 41,303 |
Century Casinos, Inc. * | 13,792 | 97,096 |
Chegg, Inc. * | 54,210 | 974,696 |
Chipotle Mexican Grill, Inc. * | 11,780 | 24,356,564 |
Choice Hotels International, Inc. | 11,733 | 1,496,192 |
Churchill Downs, Inc. | 13,938 | 4,077,283 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Chuy's Holdings, Inc. * | 7,252 | 252,950 |
Coursera, Inc. * | 35,520 | 441,869 |
Cracker Barrel Old Country Store, Inc. | 9,479 | 1,006,291 |
Darden Restaurants, Inc. | 51,757 | 7,863,441 |
Dave & Buster's Entertainment, Inc. * | 17,690 | 627,287 |
Denny's Corp. * | 24,016 | 269,219 |
Dine Brands Global, Inc. | 6,725 | 436,654 |
Domino’s Pizza, Inc. | 15,044 | 4,776,019 |
DoorDash, Inc., Class A * | 111,950 | 6,850,220 |
DraftKings, Inc., Class A * | 190,850 | 4,181,523 |
Duolingo, Inc. * | 10,787 | 1,468,758 |
Dutch Bros, Inc., Class A *(a) | 12,528 | 390,247 |
El Pollo Loco Holdings, Inc. | 9,086 | 84,682 |
European Wax Center, Inc., Class A * | 12,585 | 237,101 |
Everi Holdings, Inc. * | 38,486 | 584,987 |
Expedia Group, Inc. * | 62,889 | 5,909,050 |
F45 Training Holdings, Inc. * | 21,969 | 18,676 |
Fiesta Restaurant Group, Inc. * | 9,485 | 76,165 |
First Watch Restaurant Group, Inc. * | 4,397 | 70,704 |
Frontdoor, Inc. * | 34,366 | 940,254 |
Full House Resorts, Inc. * | 15,255 | 107,395 |
GAN Ltd. * | 31,476 | 52,250 |
Global Business Travel Group I * | 6,663 | 40,977 |
Golden Entertainment, Inc. * | 9,398 | 396,220 |
Graham Holdings Co., Class B | 1,610 | 926,668 |
Grand Canyon Education, Inc. * | 13,052 | 1,549,272 |
H&R Block, Inc. | 64,668 | 2,192,892 |
Hall of Fame Resort & Entertainment Co. *(a) | 3,097 | 25,890 |
Hilton Grand Vacations, Inc. * | 34,004 | 1,455,371 |
Hilton Worldwide Holdings, Inc. | 113,918 | 16,406,470 |
Hyatt Hotels Corp., Class A * | 20,329 | 2,323,605 |
Inspired Entertainment, Inc. * | 10,938 | 140,006 |
Jack in the Box, Inc. | 8,574 | 794,724 |
Krispy Kreme, Inc. | 28,002 | 430,671 |
Kura Sushi USA, Inc., Class A * | 1,489 | 102,622 |
Las Vegas Sands Corp. * | 139,487 | 8,906,245 |
Laureate Education, Inc. | 56,072 | 694,732 |
Life Time Group Holdings, Inc. * | 24,073 | 500,478 |
Light & Wonder, Inc. * | 39,704 | 2,393,754 |
Lincoln Educational Services Corp. * | 10,639 | 62,025 |
Lindblad Expeditions Holdings, Inc. * | 13,166 | 148,907 |
Marriott International, Inc., Class A | 114,557 | 19,399,082 |
Marriott Vacations Worldwide Corp. | 16,150 | 2,173,144 |
McDonald’s Corp. | 311,623 | 92,162,502 |
Membership Collective Group, Inc., Class A * | 16,810 | 109,769 |
MGM Resorts International | 133,596 | 6,001,132 |
Mister Car Wash, Inc. * | 34,014 | 300,003 |
Monarch Casino & Resort, Inc. | 5,776 | 400,623 |
Nathan's Famous, Inc. | 1,235 | 92,193 |
Nerdy, Inc. * | 26,826 | 106,499 |
Noodles & Co. * | 16,309 | 80,566 |
Norwegian Cruise Line Holdings Ltd. * | 186,125 | 2,484,769 |
OneSpaWorld Holdings Ltd. * | 25,869 | 310,428 |
Papa John's International, Inc. | 13,521 | 1,011,236 |
Penn Entertainment, Inc. * | 66,091 | 1,968,851 |
Perdoceo Education Corp. * | 27,649 | 358,884 |
Planet Fitness, Inc., Class A * | 35,586 | 2,958,620 |
Playa Hotels & Resorts N.V. * | 56,702 | 527,896 |
PlayAGS, Inc. * | 10,629 | 56,121 |
Portillo's, Inc., Class A * | 18,362 | 396,986 |
Potbelly Corp. * | 11,690 | 122,511 |
RCI Hospitality Holdings, Inc. | 3,668 | 274,733 |
Red Robin Gourmet Burgers, Inc. * | 6,715 | 87,765 |
Red Rock Resorts, Inc., Class A | 20,415 | 996,252 |
Rover Group, Inc. * | 43,669 | 197,821 |
Royal Caribbean Cruises Ltd. * | 93,550 | 6,120,976 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Rush Street Interactive, Inc. * | 20,546 | 63,898 |
Ruth's Hospitality Group, Inc. | 13,860 | 223,978 |
Sabre Corp. * | 140,098 | 560,392 |
SeaWorld Entertainment, Inc. * | 16,942 | 909,108 |
Service Corp. International | 66,439 | 4,663,353 |
Shake Shack, Inc., Class A * | 15,960 | 874,768 |
Six Flags Entertainment Corp. * | 30,964 | 751,496 |
Sonder Holdings, Inc. * | 52,572 | 21,560 |
Starbucks Corp. | 488,963 | 55,883,581 |
Strategic Education, Inc. | 9,508 | 836,704 |
Stride, Inc. * | 17,428 | 748,707 |
Sweetgreen, Inc., Class A * | 30,982 | 245,997 |
Target Hospitality Corp. * | 10,745 | 135,494 |
Texas Roadhouse, Inc. | 28,419 | 3,143,710 |
The Beachbody Co., Inc. * | 60,569 | 28,262 |
The Cheesecake Factory, Inc. | 20,167 | 679,426 |
The ONE Group Hospitality, Inc. * | 12,060 | 94,430 |
The Wendy's Co. | 75,807 | 1,675,335 |
Travel & Leisure Co. | 34,458 | 1,318,708 |
Udemy, Inc. * | 27,212 | 247,357 |
Universal Technical Institute, Inc. * | 13,710 | 96,793 |
Vacasa, Inc., Class A * | 39,127 | 31,169 |
Vail Resorts, Inc. | 17,162 | 4,127,804 |
Wingstop, Inc. | 12,709 | 2,543,198 |
WW International, Inc. * | 22,549 | 188,284 |
Wyndham Hotels & Resorts, Inc. | 37,342 | 2,547,471 |
Wynn Resorts Ltd. * | 43,829 | 5,008,778 |
Xponential Fitness, Inc., Class A * | 9,583 | 317,006 |
Yum! Brands, Inc. | 119,298 | 16,770,913 |
436,063,969 | ||
Consumer Staples Distribution & Retail 1.8% | ||
Albertsons Cos., Inc., Class A | 68,521 | 1,432,089 |
BJ's Wholesale Club Holdings, Inc. * | 57,774 | 4,412,200 |
Casey's General Stores, Inc. | 16,210 | 3,709,172 |
Costco Wholesale Corp. | 188,804 | 95,009,949 |
Dollar General Corp. | 95,410 | 21,129,499 |
Dollar Tree, Inc. * | 89,089 | 13,693,870 |
Grocery Outlet Holding Corp. * | 37,921 | 1,129,287 |
HF Foods Group, Inc. * | 16,494 | 64,657 |
Ingles Markets, Inc., Class A | 6,246 | 574,882 |
MedAvail Holdings, Inc. * | 11,882 | 2,436 |
Natural Grocers by Vitamin Cottage, Inc. | 4,452 | 48,037 |
Performance Food Group Co. * | 66,313 | 4,157,162 |
PriceSmart, Inc. | 10,701 | 788,450 |
SpartanNash Co. | 15,368 | 376,823 |
Sprouts Farmers Market, Inc. * | 45,293 | 1,569,855 |
Sysco Corp. | 215,873 | 16,566,094 |
Target Corp. | 196,525 | 31,001,819 |
The Andersons, Inc. | 12,958 | 579,223 |
The Chefs' Warehouse, Inc. * | 14,908 | 495,840 |
The Kroger Co. | 277,249 | 13,482,619 |
U.S. Foods Holding Corp. * | 86,911 | 3,337,382 |
United Natural Foods, Inc. * | 25,620 | 698,657 |
Village Super Market, Inc., Class A | 2,371 | 51,901 |
Walgreens Boots Alliance, Inc. | 304,762 | 10,742,861 |
Walmart, Inc. | 596,647 | 90,075,798 |
Weis Markets, Inc. | 7,027 | 579,657 |
315,710,219 | ||
Energy 4.6% | ||
Adams Resources & Energy, Inc. | 794 | 30,251 |
Aemetis, Inc. *(a) | 14,199 | 31,522 |
American Resources Corp. * | 17,208 | 19,101 |
Amplify Energy Corp. * | 16,372 | 113,131 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Antero Midstream Corp. | 143,531 | 1,544,394 |
Antero Resources Corp. * | 116,955 | 2,688,795 |
APA Corp. | 136,627 | 5,034,705 |
Arch Resources, Inc. | 7,593 | 928,244 |
Archrock, Inc. | 57,597 | 592,673 |
Baker Hughes Co. | 427,693 | 12,505,743 |
Berry Corp. | 27,783 | 212,262 |
Bristow Group, Inc. * | 9,727 | 217,593 |
Cactus, Inc., Class A | 27,202 | 1,101,137 |
California Resources Corp. | 31,211 | 1,264,045 |
Callon Petroleum Co. * | 21,358 | 707,804 |
Centrus Energy Corp., Class A * | 4,789 | 140,318 |
ChampionX Corp. | 84,168 | 2,279,269 |
Cheniere Energy, Inc. | 106,264 | 16,258,392 |
Chesapeake Energy Corp. | 45,385 | 3,752,432 |
Chevron Corp. | 757,095 | 127,631,075 |
Chord Energy Corp. | 18,002 | 2,562,225 |
Civitas Resources, Inc. | 22,016 | 1,520,205 |
Clean Energy Fuels Corp. * | 78,451 | 334,986 |
CNX Resources Corp. * | 73,402 | 1,139,933 |
Comstock Resources, Inc. | 38,848 | 446,752 |
ConocoPhillips | 520,807 | 53,585,832 |
CONSOL Energy, Inc. | 13,692 | 812,483 |
Core Laboratories N.V. | 19,266 | 433,678 |
Coterra Energy, Inc. | 335,575 | 8,590,720 |
Crescent Energy Co., Class A | 16,190 | 188,128 |
CVR Energy, Inc. | 11,947 | 314,684 |
Delek US Holdings, Inc. | 29,062 | 632,098 |
Denbury, Inc. * | 21,107 | 1,970,972 |
Devon Energy Corp. | 277,997 | 14,853,380 |
Diamond Offshore Drilling, Inc. * | 43,981 | 505,342 |
Diamondback Energy, Inc. | 78,200 | 11,120,040 |
DMC Global, Inc. * | 8,614 | 163,149 |
Dorian LPG Ltd. | 14,057 | 312,347 |
Dril-Quip, Inc. * | 14,876 | 405,817 |
DTE Midstream LLC * | 42,914 | 2,114,373 |
Earthstone Energy, Inc., Class A * | 15,789 | 214,099 |
Empire Petroleum Corp. * | 3,665 | 39,765 |
Enviva, Inc. | 13,692 | 294,378 |
EOG Resources, Inc. | 250,286 | 29,901,668 |
Epsilon Energy Ltd. | 5,425 | 29,078 |
EQT Corp. | 156,175 | 5,441,137 |
Equitrans Midstream Corp. | 186,653 | 961,263 |
Evolution Petroleum Corp. | 11,036 | 72,727 |
Excelerate Energy, Inc., Class A | 7,154 | 153,811 |
Expro Group Holdings N.V. * | 29,238 | 581,544 |
Exxon Mobil Corp. | 1,752,993 | 207,449,192 |
Forum Energy Technologies, Inc. * | 1,428 | 31,644 |
Geospace Technologies Corp. * | 3,725 | 26,895 |
Gevo, Inc. * | 101,823 | 118,115 |
Granite Ridge Resources, Inc. | 7,482 | 42,498 |
Green Plains, Inc. * | 25,362 | 866,620 |
Gulf Island Fabrication, Inc. * | 6,007 | 20,904 |
Gulfport Energy Corp. * | 4,920 | 445,063 |
Hallador Energy Co. * | 10,747 | 86,406 |
Halliburton Co. | 387,684 | 12,696,651 |
Helix Energy Solutions Group, Inc. * | 60,683 | 439,952 |
Helmerich & Payne, Inc. | 44,341 | 1,470,348 |
Hess Corp. | 118,812 | 17,234,869 |
HF Sinclair Corp. | 57,081 | 2,517,843 |
HighPeak Energy, Inc. (a) | 5,507 | 108,818 |
Houston American Energy Corp. * | 4,107 | 9,241 |
Independence Contract Drilling, Inc. * | 7,301 | 22,341 |
International Seaways, Inc. | 16,766 | 667,622 |
Kinder Morgan, Inc. | 841,462 | 14,431,073 |
Kinetik Holdings, Inc. | 8,914 | 274,551 |
KLX Energy Services Holdings, Inc. * | 4,291 | 42,781 |
Kosmos Energy Ltd. * | 192,252 | 1,230,413 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Liberty Energy, Inc. | 64,955 | 832,074 |
Lightbridge Corp. * | 5,562 | 20,413 |
Magnolia Oil & Gas Corp., Class A | 70,978 | 1,499,055 |
Mammoth Energy Services, Inc. * | 10,739 | 39,627 |
Marathon Oil Corp. | 270,314 | 6,530,786 |
Marathon Petroleum Corp. | 193,098 | 23,557,956 |
Matador Resources Co. | 47,683 | 2,337,897 |
Murphy Oil Corp. | 61,730 | 2,266,108 |
Nabors Industries Ltd. * | 3,829 | 381,904 |
NACCO Industries, Inc., Class A | 1,966 | 71,012 |
Natural Gas Services Group, Inc. * | 4,213 | 43,394 |
New Fortress Energy, Inc. | 20,475 | 620,188 |
Newpark Resources, Inc. * | 32,811 | 131,244 |
NextDecade Corp. * | 23,217 | 144,642 |
NexTier Oilfield Solutions, Inc. * | 68,372 | 552,446 |
Nine Energy Service, Inc. * | 5,821 | 22,469 |
Noble Corp. plc * | 41,470 | 1,594,521 |
Northern Oil and Gas, Inc. | 31,578 | 1,047,442 |
NOV, Inc. | 166,879 | 2,795,223 |
Occidental Petroleum Corp. | 309,850 | 19,065,070 |
Oceaneering International, Inc. * | 43,414 | 769,730 |
Oil States International, Inc. * | 29,052 | 204,526 |
ONEOK, Inc. | 190,064 | 12,432,086 |
Overseas Shipholding Group, Inc., Class A * | 30,088 | 115,538 |
Ovintiv, Inc. | 104,626 | 3,774,906 |
Par Pacific Holdings, Inc. * | 23,324 | 546,481 |
Patterson-UTI Energy, Inc. | 91,756 | 1,026,750 |
PBF Energy, Inc., Class A | 48,591 | 1,693,882 |
PDC Energy, Inc. | 39,006 | 2,537,340 |
Peabody Energy Corp. * | 49,804 | 1,196,292 |
Permian Resources Corp. | 99,255 | 1,037,215 |
Phillips 66 | 198,405 | 19,642,095 |
PHX Minerals, Inc. | 5,803 | 15,726 |
Pioneer Natural Resources Co. | 101,302 | 22,038,251 |
PrimeEnergy Resources Corp. * | 362 | 31,271 |
Profire Energy, Inc. * | 27,669 | 32,096 |
ProFrac Holding Corp., Class A * | 13,542 | 151,670 |
ProPetro Holding Corp. * | 39,887 | 276,816 |
Range Resources Corp. | 103,282 | 2,731,809 |
Ranger Energy Services, Inc. * | 5,075 | 56,840 |
Ranger Oil Corp., Class A | 8,409 | 346,451 |
REX American Resources Corp. * | 6,150 | 173,984 |
Riley Exploration Permian, Inc. | 1,796 | 75,450 |
Ring Energy, Inc. * | 39,328 | 71,184 |
RPC, Inc. | 36,343 | 268,575 |
SandRidge Energy, Inc. * | 12,685 | 179,746 |
Schlumberger Ltd. | 605,646 | 29,888,630 |
SEACOR Marine Holdings, Inc. * | 10,252 | 85,502 |
Select Energy Services, Inc., Class A | 37,795 | 280,817 |
SilverBow Resources, Inc. * | 5,751 | 137,161 |
Sitio Royalties Corp., Class A | 31,472 | 799,074 |
SM Energy Co. | 52,363 | 1,470,353 |
Smart Sand, Inc. * | 17,439 | 29,995 |
Solaris Oilfield Infrastructure, Inc., Class A | 15,678 | 120,407 |
Southwestern Energy Co. * | 469,486 | 2,436,632 |
Talos Energy, Inc. * | 27,180 | 370,463 |
Targa Resources Corp. | 97,403 | 7,356,849 |
TechnipFMC plc * | 189,098 | 2,588,752 |
Tellurian, Inc. * | 238,073 | 338,064 |
TETRA Technologies, Inc. * | 48,733 | 138,889 |
Texas Pacific Land Corp. | 2,620 | 3,871,443 |
The Williams Cos., Inc. | 520,019 | 15,735,775 |
Tidewater, Inc. * | 21,331 | 960,535 |
Transocean Ltd. * | 283,753 | 1,674,143 |
Uranium Energy Corp. * | 155,668 | 406,293 |
US Silica Holdings, Inc. * | 33,313 | 434,735 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
VAALCO Energy, Inc. | 43,433 | 185,893 |
Valaris Ltd. * | 25,693 | 1,541,580 |
Valero Energy Corp. | 164,117 | 18,819,296 |
Vertex Energy, Inc. * | 25,874 | 204,405 |
Vital Energy, Inc. * | 7,011 | 326,222 |
Vitesse Energy, Inc. | 9,069 | 166,870 |
W&T Offshore, Inc. * | 41,992 | 183,505 |
Weatherford International plc * | 27,290 | 1,763,753 |
World Fuel Services Corp. | 25,958 | 613,647 |
804,893,204 | ||
Equity Real Estate Investment Trusts (REITs) 2.9% | ||
Acadia Realty Trust | 40,417 | 546,034 |
Agree Realty Corp. | 37,516 | 2,550,713 |
Alexander & Baldwin, Inc. | 30,000 | 576,900 |
Alexander's, Inc. | 964 | 179,371 |
Alexandria Real Estate Equities, Inc. | 67,781 | 8,417,045 |
Alpine Income Property Trust, Inc. | 4,623 | 74,338 |
American Assets Trust, Inc. | 21,772 | 396,250 |
American Homes 4 Rent, Class A | 130,664 | 4,345,885 |
American Tower Corp. | 198,338 | 40,538,304 |
Americold Realty Trust, Inc. | 114,156 | 3,377,876 |
Apartment Income REIT Corp. | 63,306 | 2,341,056 |
Apartment Investment & Management Co., Class A | 64,227 | 502,897 |
Apple Hospitality REIT, Inc. | 90,111 | 1,341,753 |
Armada Hoffler Properties, Inc. | 28,123 | 329,602 |
Ashford Hospitality Trust, Inc. * | 20,431 | 69,465 |
AvalonBay Communities, Inc. | 59,514 | 10,734,540 |
Bluerock Homes Trust, Inc. * | 1,536 | 30,351 |
Boston Properties, Inc. | 62,359 | 3,327,476 |
Braemar Hotels & Resorts, Inc. | 24,766 | 94,111 |
Brandywine Realty Trust | 78,926 | 310,179 |
Brixmor Property Group, Inc. | 127,321 | 2,715,757 |
Broadstone Net Lease, Inc. | 72,575 | 1,173,538 |
BRT Apartments Corp. | 5,530 | 95,835 |
Camden Property Trust | 46,990 | 5,171,249 |
CareTrust REIT, Inc. | 42,114 | 820,802 |
CBL & Associates Properties, Inc. | 10,443 | 241,547 |
Centerspace | 6,268 | 353,390 |
Chatham Lodging Trust | 21,672 | 221,921 |
City Office REIT, Inc. | 16,407 | 95,489 |
Clipper Realty, Inc. | 5,283 | 27,736 |
Community Healthcare Trust, Inc. | 10,035 | 359,153 |
Corporate Office Properties Trust | 47,650 | 1,090,709 |
Cousins Properties, Inc. | 64,055 | 1,397,040 |
Creative Media & Community Trust Corp. | 3,238 | 14,506 |
Crown Castle, Inc. | 184,753 | 22,741,247 |
CTO Realty Growth, Inc. | 7,821 | 131,706 |
CubeSmart | 95,432 | 4,341,202 |
DiamondRock Hospitality Co. | 88,294 | 716,064 |
Digital Realty Trust, Inc. | 123,357 | 12,230,847 |
Diversified Healthcare Trust | 100,000 | 91,340 |
Douglas Emmett, Inc. | 76,519 | 985,565 |
Easterly Government Properties, Inc. | 38,052 | 535,392 |
EastGroup Properties, Inc. | 18,505 | 3,082,193 |
Elme Communities | 36,405 | 627,258 |
Empire State Realty Trust, Inc., Class A | 58,131 | 355,180 |
EPR Properties | 31,758 | 1,332,566 |
Equinix, Inc. | 39,427 | 28,548,302 |
Equity Commonwealth | 45,821 | 949,411 |
Equity LifeStyle Properties, Inc. | 74,302 | 5,119,408 |
Equity Residential | 144,950 | 9,168,087 |
Essential Properties Realty Trust, Inc. | 60,319 | 1,492,895 |
Essex Property Trust, Inc. | 27,548 | 6,053,122 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Extra Space Storage, Inc. | 56,926 | 8,655,029 |
Farmland Partners, Inc. | 21,207 | 221,401 |
Federal Realty Investment Trust | 31,134 | 3,078,841 |
First Industrial Realty Trust, Inc. | 55,934 | 2,934,857 |
Four Corners Property Trust, Inc. | 35,408 | 903,258 |
Franklin Street Properties Corp. | 36,290 | 42,096 |
Gaming & Leisure Properties, Inc. | 108,967 | 5,666,284 |
Getty Realty Corp. | 17,969 | 598,907 |
Gladstone Commercial Corp. | 16,360 | 195,338 |
Gladstone Land Corp. | 14,746 | 237,558 |
Global Medical REIT, Inc. | 26,096 | 242,171 |
Global Net Lease, Inc. | 44,986 | 506,542 |
Global Self Storage, Inc. | 1,987 | 10,134 |
Healthcare Realty Trust, Inc. | 166,533 | 3,294,023 |
Healthpeak Properties, Inc. | 232,786 | 5,114,308 |
Hersha Hospitality Trust, Class A | 15,131 | 95,325 |
Highwoods Properties, Inc. | 45,436 | 1,041,393 |
Host Hotels & Resorts, Inc. | 303,589 | 4,909,034 |
Hudson Pacific Properties, Inc. | 56,547 | 314,401 |
Independence Realty Trust, Inc. | 96,227 | 1,602,180 |
Indus Realty Trust, Inc. | 2,155 | 143,458 |
Industrial Logistics Properties Trust | 25,951 | 53,459 |
Innovative Industrial Properties, Inc. | 11,890 | 815,060 |
InvenTrust Properties Corp. | 29,223 | 658,979 |
Invitation Homes, Inc. | 247,270 | 8,251,400 |
Iron Mountain, Inc. | 123,435 | 6,818,549 |
JBG SMITH Properties | 43,361 | 618,761 |
Kilroy Realty Corp. | 44,547 | 1,302,554 |
Kimco Realty Corp. | 262,547 | 5,038,277 |
Kite Realty Group Trust | 93,067 | 1,928,348 |
Lamar Advertising Co., Class A | 36,992 | 3,909,315 |
Life Storage, Inc. | 36,086 | 4,849,237 |
LTC Properties, Inc. | 17,442 | 583,435 |
LXP Industrial Trust | 118,079 | 1,109,943 |
Medical Properties Trust, Inc. (a) | 252,804 | 2,217,091 |
Mid-America Apartment Communities, Inc. | 49,091 | 7,550,196 |
Modiv, Inc., Class C | 3,196 | 35,156 |
National Health Investors, Inc. | 18,522 | 921,840 |
National Retail Properties, Inc. | 77,626 | 3,376,731 |
National Storage Affiliates Trust | 36,209 | 1,395,857 |
NETSTREIT Corp. | 23,067 | 420,281 |
New Century Financial Corp. *(c) | 3,600 | 0 |
NexPoint Diversified Real Estate Trust | 15,099 | 160,955 |
NexPoint Residential Trust, Inc. | 9,644 | 414,017 |
Office Properties Income Trust | 20,035 | 130,628 |
Omega Healthcare Investors, Inc. | 99,238 | 2,655,609 |
One Liberty Properties, Inc. | 6,163 | 135,709 |
Orion Office REIT, Inc. | 24,022 | 147,495 |
Outfront Media, Inc. | 61,918 | 1,031,554 |
Paramount Group, Inc. | 73,678 | 319,026 |
Park Hotels & Resorts, Inc. | 96,007 | 1,156,884 |
Pebblebrook Hotel Trust | 56,749 | 807,538 |
Phillips Edison & Co., Inc. | 49,852 | 1,572,332 |
Physicians Realty Trust | 97,648 | 1,408,084 |
Piedmont Office Realty Trust, Inc., Class A | 53,125 | 345,844 |
Plymouth Industrial REIT, Inc. | 16,461 | 333,171 |
Postal Realty Trust, Inc., Class A | 7,337 | 112,770 |
PotlatchDeltic Corp. | 34,042 | 1,573,762 |
Power REIT * | 1,270 | 3,404 |
Presidio Property Trust, Inc., Class A | 8,865 | 8,252 |
Prologis, Inc. | 393,291 | 49,259,698 |
Public Storage | 67,310 | 19,845,007 |
Rayonier, Inc. | 62,219 | 1,951,188 |
Realty Income Corp. | 267,154 | 16,787,957 |
Regency Centers Corp. | 65,417 | 4,018,566 |
Retail Opportunity Investments Corp. | 53,563 | 697,926 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Rexford Industrial Realty, Inc. | 80,443 | 4,486,306 |
RLJ Lodging Trust | 69,831 | 705,293 |
RPT Realty | 37,081 | 344,853 |
Ryman Hospitality Properties, Inc. | 23,438 | 2,101,451 |
Sabra Health Care REIT, Inc. | 97,971 | 1,116,869 |
Safehold, Inc. | 16,148 | 447,609 |
Saul Centers, Inc. | 5,768 | 207,821 |
SBA Communications Corp. | 45,933 | 11,983,460 |
Service Properties Trust | 70,215 | 615,786 |
Simon Property Group, Inc. | 139,267 | 15,781,736 |
SITE Centers Corp. | 76,787 | 947,552 |
SL Green Realty Corp. (a) | 27,349 | 647,351 |
Spirit Realty Capital, Inc. | 59,550 | 2,290,293 |
STAG Industrial, Inc. | 76,121 | 2,578,218 |
Star Holdings * | 6,000 | 96,840 |
Summit Hotel Properties, Inc. | 47,221 | 304,103 |
Sun Communities, Inc. | 53,385 | 7,416,778 |
Sunstone Hotel Investors, Inc. | 90,577 | 863,199 |
Tanger Factory Outlet Centers, Inc. | 44,779 | 878,116 |
Terreno Realty Corp. | 30,960 | 1,906,826 |
The Macerich Co. | 90,884 | 907,931 |
The Necessity Retail REIT, Inc. | 59,439 | 327,509 |
UDR, Inc. | 131,781 | 5,446,509 |
UMH Properties, Inc. | 22,187 | 337,242 |
Uniti Group, Inc. | 99,003 | 338,590 |
Universal Health Realty Income Trust | 5,432 | 236,292 |
Urban Edge Properties | 49,559 | 727,031 |
Urstadt Biddle Properties, Inc., Class A | 13,664 | 235,294 |
Ventas, Inc. | 171,604 | 8,245,572 |
Veris Residential, Inc. * | 34,121 | 557,878 |
VICI Properties, Inc. | 426,964 | 14,491,158 |
Vornado Realty Trust | 68,363 | 1,026,129 |
Welltower, Inc. | 202,388 | 16,033,177 |
Weyerhaeuser Co. | 311,734 | 9,323,964 |
Whitestone REIT | 20,066 | 179,591 |
WP Carey, Inc. | 89,315 | 6,627,173 |
Xenia Hotels & Resorts, Inc. | 48,753 | 617,213 |
510,281,699 | ||
Financial Services 7.8% | ||
Acacia Research Corp. * | 18,555 | 71,437 |
ACRES Commercial Realty Corp. | 3,144 | 27,793 |
AFC Gamma, Inc. | 5,432 | 65,836 |
Affiliated Managers Group, Inc. | 15,999 | 2,309,936 |
Affirm Holdings, Inc. * | 92,102 | 908,126 |
AG Mortgage Investment Trust, Inc. | 10,503 | 58,292 |
AGNC Investment Corp. | 244,306 | 2,421,072 |
Alerus Financial Corp. | 6,417 | 92,341 |
Ally Financial, Inc. | 127,511 | 3,363,740 |
AlTi Global, Inc. *(a) | 9,783 | 60,361 |
A-Mark Precious Metals, Inc. | 8,142 | 291,484 |
American Express Co. | 253,375 | 40,879,522 |
Ameriprise Financial, Inc. | 44,935 | 13,710,567 |
Angel Oak Mortgage, Inc. (a) | 9,942 | 76,852 |
Annaly Capital Management, Inc. | 198,438 | 3,964,791 |
Apollo Commercial Real Estate Finance, Inc. | 64,267 | 650,382 |
Apollo Global Management, Inc. | 186,635 | 11,830,793 |
Arbor Realty Trust, Inc. (a) | 72,905 | 836,220 |
Ares Commercial Real Estate Corp. | 22,535 | 194,026 |
Ares Management Corp., Class A | 66,449 | 5,820,268 |
Arlington Asset Investment Corp., Class A * | 17,051 | 44,503 |
ARMOUR Residential REIT, Inc. | 73,989 | 377,344 |
Artisan Partners Asset Management, Inc., Class A | 28,952 | 1,003,766 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Assetmark Financial Holdings, Inc. * | 9,288 | 284,956 |
Associated Capital Group, Inc., Class A | 1,818 | 67,866 |
Atlanticus Holdings Corp. * | 2,144 | 62,519 |
Avantax, Inc. * | 16,880 | 428,246 |
AvidXchange Holdings, Inc. * | 56,022 | 416,243 |
B. Riley Financial, Inc. (a) | 6,796 | 214,074 |
Bakkt Holdings, Inc. *(a) | 25,312 | 34,171 |
Berkshire Hathaway, Inc., Class B * | 767,040 | 252,010,992 |
BGC Partners, Inc., Class A | 138,704 | 628,329 |
BlackRock, Inc. | 63,735 | 42,778,932 |
Blackstone Mortgage Trust, Inc., Class A | 73,656 | 1,343,485 |
Blackstone, Inc. | 303,313 | 27,094,950 |
Block, Inc. * | 230,142 | 13,990,332 |
Blue Owl Capital, Inc. | 150,995 | 1,700,204 |
BM Technologies, Inc. * | 10,210 | 30,630 |
Bread Financial Holdings, Inc. | 21,541 | 594,532 |
Bridge Investment Group Holdings, Inc., Class A | 13,376 | 133,626 |
Brightsphere Investment Group, Inc. | 14,000 | 316,120 |
BrightSpire Capital, Inc. | 52,714 | 300,470 |
Broadmark Realty Capital, Inc. | 60,204 | 295,602 |
Cannae Holdings, Inc. * | 31,447 | 573,593 |
Cantaloupe, Inc. * | 26,721 | 147,233 |
Capital One Financial Corp. | 163,090 | 15,868,657 |
Cass Information Systems, Inc. | 4,795 | 175,401 |
Cboe Global Markets, Inc. | 45,470 | 6,352,159 |
Cherry Hill Mortgage Investment Corp. (a) | 7,830 | 43,300 |
Chicago Atlantic Real Estate Finance, Inc. | 418 | 5,919 |
Chimera Investment Corp. | 98,492 | 559,434 |
Claros Mortgage Trust, Inc. | 50,991 | 609,852 |
CME Group, Inc. | 153,190 | 28,458,106 |
Cohen & Steers, Inc. | 10,667 | 640,660 |
Coinbase Global, Inc., Class A *(a) | 68,014 | 3,658,473 |
Consumer Portfolio Services, Inc. * | 5,099 | 53,081 |
Corebridge Financial, Inc. | 33,114 | 558,302 |
Credit Acceptance Corp. * | 2,600 | 1,272,700 |
Curo Group Holdings Corp. | 9,738 | 15,581 |
Diamond Hill Investment Group, Inc. | 1,364 | 221,132 |
Discover Financial Services | 113,293 | 11,722,427 |
Donnelley Financial Solutions, Inc. * | 10,245 | 443,096 |
Dynex Capital, Inc. | 22,582 | 267,822 |
Ellington Financial, Inc. | 27,895 | 356,219 |
Ellington Residential Mortgage REIT | 6,980 | 51,443 |
Enact Holdings, Inc. | 11,655 | 281,352 |
Encore Capital Group, Inc. * | 9,929 | 510,152 |
Enova International, Inc. * | 13,316 | 584,839 |
Equitable Holdings, Inc. | 146,112 | 3,797,451 |
Essent Group Ltd. | 45,439 | 1,929,794 |
Euronet Worldwide, Inc. * | 19,909 | 2,204,723 |
Evercore, Inc., Class A | 15,127 | 1,725,537 |
EVERTEC, Inc. | 27,273 | 946,100 |
EZCORP, Inc., Class A * | 20,871 | 179,699 |
FactSet Research Systems, Inc. | 16,269 | 6,697,785 |
Federal Agricultural Mortgage Corp., Class C | 4,048 | 539,558 |
Federated Hermes, Inc. | 35,927 | 1,487,018 |
Fidelity National Information Services, Inc. | 254,347 | 14,935,256 |
Finance Of America Cos., Inc., Class A * | 18,960 | 30,905 |
FirstCash Holdings, Inc. | 15,825 | 1,630,450 |
Fiserv, Inc. * | 270,665 | 33,053,610 |
FleetCor Technologies, Inc. * | 31,358 | 6,708,103 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Flywire Corp. * | 26,926 | 785,431 |
Focus Financial Partners, Inc., Class A * | 24,470 | 1,270,972 |
Forge Global Holdings, Inc. * | 45,163 | 60,518 |
Franklin BSP Realty Trust, Inc. | 34,676 | 437,958 |
Franklin Resources, Inc. | 121,700 | 3,271,296 |
GCM Grosvenor, Inc., Class A | 19,770 | 159,544 |
Global Payments, Inc. | 112,875 | 12,722,141 |
Granite Point Mortgage Trust, Inc. | 23,489 | 104,996 |
Great Ajax Corp. | 9,397 | 61,832 |
Green Dot Corp., Class A * | 20,026 | 344,247 |
Greenhill & Co., Inc. | 6,539 | 46,427 |
Guild Holdings Co., Class A * | 4,604 | 46,132 |
Hamilton Lane, Inc., Class A | 15,270 | 1,125,094 |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 38,091 | 1,081,023 |
Heritage Global, Inc. * | 7,824 | 22,611 |
Houlihan Lokey, Inc. | 21,516 | 1,966,132 |
I3 Verticals, Inc., Class A * | 10,325 | 240,056 |
Interactive Brokers Group, Inc., Class A | 44,163 | 3,438,089 |
Intercontinental Exchange, Inc. | 238,096 | 25,935,797 |
International Money Express, Inc. * | 13,887 | 358,007 |
Invesco Ltd. | 193,456 | 3,313,901 |
Invesco Mortgage Capital, Inc. | 17,470 | 185,357 |
Jack Henry & Associates, Inc. | 31,035 | 5,069,257 |
Jackson Financial, Inc., Class A | 24,618 | 886,494 |
Janus Henderson Group plc | 56,434 | 1,464,462 |
Jefferies Financial Group, Inc. | 77,059 | 2,468,200 |
KKR & Co., Inc. | 247,356 | 13,127,183 |
KKR Real Estate Finance Trust, Inc. | 24,272 | 260,681 |
Ladder Capital Corp. REIT | 45,751 | 427,772 |
Lazard Ltd., Class A | 48,303 | 1,511,884 |
LendingClub Corp. * | 46,098 | 330,984 |
LendingTree, Inc. * | 4,731 | 112,740 |
loanDepot, Inc., Class A * | 18,055 | 33,041 |
LPL Financial Holdings, Inc. | 33,721 | 7,042,294 |
Lument Finance Trust, Inc. | 24,035 | 44,224 |
MarketAxess Holdings, Inc. | 16,004 | 5,095,193 |
MarketWise, Inc. * | 11,705 | 21,537 |
Marqeta, Inc., Class A * | 185,915 | 752,956 |
Mastercard, Inc., Class A | 359,088 | 136,464,213 |
Medallion Financial Corp. | 6,557 | 38,949 |
Merchants Bancorp | 10,145 | 235,364 |
MFA Financial, Inc. | 38,698 | 413,682 |
MGIC Investment Corp. | 124,868 | 1,856,787 |
Moelis & Co., Class A | 27,406 | 1,038,139 |
MoneyGram International, Inc. * | 40,535 | 411,836 |
Moneylion, Inc. * | 1,189 | 11,058 |
Moody's Corp. | 67,256 | 21,059,199 |
Morgan Stanley | 555,494 | 49,977,795 |
Morningstar, Inc. | 10,717 | 1,910,948 |
Mr Cooper Group, Inc. * | 29,229 | 1,353,303 |
MSCI, Inc. | 34,162 | 16,481,457 |
Nasdaq, Inc. | 145,722 | 8,068,627 |
Navient Corp. | 42,815 | 708,160 |
Nelnet, Inc., Class A | 7,716 | 743,051 |
NerdWallet, Inc., Class A * | 14,084 | 191,120 |
New York Mortgage Trust, Inc. | 42,047 | 432,246 |
Nexpoint Real Estate Finance, Inc. | 3,199 | 44,530 |
Nicholas Financial, Inc. * | 6,032 | 29,677 |
NMI Holdings, Inc., Class A * | 36,089 | 844,483 |
Northern Trust Corp. | 88,700 | 6,932,792 |
Ocwen Financial Corp. * | 3,090 | 88,992 |
OneMain Holdings, Inc. | 50,954 | 1,955,105 |
Open Lending Corp., Class A * | 44,911 | 315,724 |
Oportun Financial Corp. * | 13,044 | 53,089 |
Oppenheimer Holdings, Inc., Class A | 3,500 | 130,865 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
OppFi, Inc. *(a) | 7,166 | 13,615 |
Orchid Island Capital, Inc. (a) | 18,141 | 194,109 |
P10, Inc., Class A | 14,773 | 152,605 |
Paymentus Holdings, Inc., Class A * | 8,752 | 72,029 |
Payoneer Global, Inc. * | 82,495 | 450,423 |
PayPal Holdings, Inc. * | 482,354 | 36,658,904 |
Paysign, Inc. * | 9,553 | 33,913 |
PennyMac Financial Services, Inc. | 12,693 | 793,186 |
PennyMac Mortgage Investment Trust | 37,798 | 469,829 |
Perella Weinberg Partners, Class A | 19,698 | 155,614 |
Piper Sandler Cos. | 5,914 | 800,992 |
PJT Partners, Inc., Class A | 10,526 | 723,873 |
PRA Group, Inc. * | 16,584 | 601,502 |
Priority Technology Holdings, Inc. * | 9,469 | 30,395 |
PROG Holdings, Inc. * | 21,009 | 635,102 |
Radian Group, Inc. | 66,032 | 1,602,597 |
Raymond James Financial, Inc. | 82,330 | 7,453,335 |
Ready Capital Corp. | 41,326 | 443,428 |
Redwood Trust, Inc. | 48,185 | 302,602 |
Regional Management Corp. | 3,411 | 91,278 |
Remitly Global, Inc. * | 42,227 | 709,414 |
Repay Holdings Corp. * | 32,506 | 203,813 |
Rithm Capital Corp. | 200,604 | 1,636,929 |
Robinhood Markets, Inc., Class A * | 218,370 | 1,932,574 |
Rocket Cos., Inc., Class A *(a) | 53,100 | 473,121 |
Ryvyl, Inc. * | 10,419 | 6,772 |
S&P Global, Inc. | 140,202 | 50,834,441 |
Sachem Capital Corp. | 16,351 | 56,901 |
Safeguard Scientifics, Inc. * | 12,218 | 22,237 |
Sculptor Capital Management, Inc. | 7,668 | 63,874 |
Security National Financial Corp., Class A * | 6,714 | 50,288 |
SEI Investments Co. | 43,007 | 2,533,542 |
Seven Hills Realty Trust | 5,666 | 56,037 |
Shift4 Payments, Inc., Class A * | 22,735 | 1,540,751 |
Silvercrest Asset Management Group, Inc., Class A | 3,213 | 60,179 |
SLM Corp. | 102,339 | 1,537,132 |
SoFi Technologies, Inc. * | 351,315 | 2,188,692 |
Starwood Property Trust, Inc. | 130,555 | 2,335,629 |
State Street Corp. | 149,258 | 10,785,383 |
StepStone Group, Inc., Class A | 20,845 | 459,215 |
Stifel Financial Corp. | 44,717 | 2,681,678 |
StoneX Group, Inc. * | 7,479 | 733,465 |
Sunlight Financial Holdings, Inc. * | 16,772 | 7,497 |
SWK Holdings Corp. * | 1,451 | 25,436 |
Synchrony Financial | 185,436 | 5,472,216 |
T. Rowe Price Group, Inc. | 95,348 | 10,710,441 |
TFS Financial Corp. | 19,389 | 233,444 |
The Bank of New York Mellon Corp. | 313,667 | 13,359,077 |
The Carlyle Group, Inc. | 93,095 | 2,823,571 |
The Charles Schwab Corp. (d) | 644,537 | 33,670,613 |
The Goldman Sachs Group, Inc. | 144,029 | 49,465,320 |
The Western Union Co. | 159,563 | 1,744,024 |
Toast, Inc., Class A * | 132,155 | 2,405,221 |
TPG RE Finance Trust, Inc. | 24,952 | 177,908 |
TPG, Inc. | 21,577 | 625,086 |
Tradeweb Markets, Inc., Class A | 47,370 | 3,335,322 |
Two Harbors Investment Corp. | 41,603 | 579,530 |
U.S. Global Investors, Inc., Class A | 6,234 | 16,956 |
Upstart Holdings, Inc. *(a) | 30,973 | 430,525 |
Usio, Inc. * | 17,787 | 32,372 |
UWM Holdings Corp. (a) | 43,383 | 260,298 |
Velocity Financial, Inc. * | 8,532 | 77,812 |
Victory Capital Holdings, Inc., Class A | 11,391 | 347,881 |
Virtu Financial, Inc., Class A | 39,712 | 796,226 |
Virtus Investment Partners, Inc. | 2,899 | 528,227 |
Visa, Inc., Class A | 691,656 | 160,969,101 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Voya Financial, Inc. | 42,516 | 3,251,624 |
Walker & Dunlop, Inc. | 13,123 | 883,309 |
Waterstone Financial, Inc. | 8,861 | 122,725 |
Western Asset Mortgage Capital Corp. | 2,307 | 20,440 |
Westwood Holdings Group, Inc. | 2,653 | 32,552 |
WEX, Inc. * | 18,573 | 3,293,921 |
WisdomTree, Inc. | 44,670 | 278,741 |
World Acceptance Corp. * | 1,349 | 136,114 |
1,357,195,235 | ||
Food, Beverage & Tobacco 3.4% | ||
22nd Century Group, Inc. * | 102,448 | 72,779 |
Alico, Inc. | 2,213 | 52,138 |
Altria Group, Inc. | 761,408 | 36,174,494 |
AppHarvest, Inc. * | 23,167 | 10,752 |
Archer-Daniels-Midland Co. | 233,274 | 18,214,034 |
B&G Foods, Inc. | 31,414 | 503,881 |
Benson Hill, Inc. * | 52,088 | 55,213 |
Beyond Meat, Inc. *(a) | 25,353 | 343,280 |
Brookfield Realty Capital Corp., Class A *(a) | 18,823 | 98,068 |
Brown-Forman Corp., Class A | 23,920 | 1,575,850 |
Brown-Forman Corp., Class B | 77,574 | 5,049,292 |
Bunge Ltd. | 64,299 | 6,018,386 |
Calavo Growers, Inc. | 7,291 | 233,020 |
Cal-Maine Foods, Inc. | 15,947 | 757,483 |
Campbell Soup Co. | 85,463 | 4,640,641 |
Celsius Holdings, Inc. * | 17,321 | 1,655,368 |
Coca-Cola Consolidated, Inc. | 1,931 | 1,138,247 |
Conagra Brands, Inc. | 202,518 | 7,687,583 |
Constellation Brands, Inc., Class A | 69,077 | 15,851,099 |
Darling Ingredients, Inc. * | 69,282 | 4,127,129 |
Farmer Brothers Co. * | 11,781 | 33,576 |
Flowers Foods, Inc. | 82,246 | 2,262,587 |
Fresh Del Monte Produce, Inc. | 13,508 | 387,815 |
Freshpet, Inc. * | 20,176 | 1,391,539 |
General Mills, Inc. | 251,369 | 22,278,834 |
Hormel Foods Corp. | 123,398 | 4,990,215 |
Hostess Brands, Inc. * | 57,228 | 1,474,193 |
Ingredion, Inc. | 27,874 | 2,959,383 |
J&J Snack Foods Corp. | 6,454 | 988,753 |
John B. Sanfilippo & Son, Inc. | 3,955 | 411,122 |
Kellogg Co. | 110,261 | 7,692,910 |
Keurig Dr Pepper, Inc. | 361,840 | 11,832,168 |
Lamb Weston Holdings, Inc. | 61,457 | 6,871,507 |
Lancaster Colony Corp. | 8,392 | 1,754,935 |
Lifecore Biomedical, Inc. * | 10,427 | 44,315 |
Limoneira Co. | 7,226 | 120,746 |
MamaMancini's Holdings, Inc. * | 21,021 | 42,883 |
McCormick & Co., Inc. - Non Voting Shares | 106,649 | 9,369,115 |
MGP Ingredients, Inc. | 6,516 | 642,999 |
Mission Produce, Inc. * | 18,304 | 208,483 |
Molson Coors Beverage Co., Class B | 79,843 | 4,749,062 |
Mondelez International, Inc., Class A | 579,550 | 44,463,076 |
Monster Beverage Corp. * | 325,193 | 18,210,808 |
National Beverage Corp. * | 9,990 | 496,503 |
PepsiCo, Inc. | 586,079 | 111,876,620 |
Philip Morris International, Inc. | 659,942 | 65,974,402 |
Pilgrim's Pride Corp. * | 18,335 | 418,221 |
Post Holdings, Inc. * | 22,833 | 2,066,158 |
Seaboard Corp. | 109 | 429,577 |
Seneca Foods Corp., Class A * | 2,612 | 124,331 |
Sovos Brands, Inc. * | 15,349 | 263,235 |
Splash Beverage Group, Inc. * | 20,360 | 23,414 |
Tattooed Chef, Inc. * | 25,902 | 39,889 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
The Boston Beer Co., Inc., Class A * | 4,028 | 1,278,930 |
The Coca-Cola Co. | 1,656,194 | 106,244,845 |
The Duckhorn Portfolio, Inc. * | 19,046 | 287,595 |
The Hain Celestial Group, Inc. * | 38,429 | 689,032 |
The Hershey Co. | 62,467 | 17,057,239 |
The JM Smucker Co. | 45,688 | 7,054,684 |
The Kraft Heinz Co. | 338,572 | 13,295,722 |
The Real Good Food Co., Inc. * | 3,502 | 13,763 |
The Simply Good Foods Co. * | 36,026 | 1,310,266 |
The Vita Coco Co., Inc. * | 10,382 | 224,770 |
Tootsie Roll Industries, Inc. | 7,422 | 303,428 |
TreeHouse Foods, Inc. * | 21,142 | 1,125,811 |
Turning Point Brands, Inc. | 6,017 | 143,144 |
Tyson Foods, Inc., Class A | 121,771 | 7,609,470 |
Universal Corp. | 10,446 | 573,381 |
Utz Brands, Inc. | 27,580 | 521,538 |
Vector Group Ltd. | 56,584 | 720,880 |
Vital Farms, Inc. * | 11,214 | 144,436 |
Westrock Coffee Co. * | 5,798 | 70,910 |
Whole Earth Brands, Inc. * | 12,768 | 30,643 |
Zevia PBC, Class A * | 20,011 | 70,239 |
587,922,837 | ||
Health Care Equipment & Services 6.0% | ||
23andMe Holding Co., Class A * | 128,087 | 252,331 |
Abbott Laboratories | 741,697 | 81,935,268 |
Acadia Healthcare Co., Inc. * | 38,520 | 2,784,611 |
Accelerate Diagnostics, Inc. * | 30,507 | 26,895 |
Accolade, Inc. * | 26,536 | 359,032 |
Accuray, Inc. * | 36,635 | 122,361 |
AdaptHealth Corp. * | 32,364 | 384,484 |
Addus HomeCare Corp. * | 7,000 | 572,180 |
Agiliti, Inc. * | 14,918 | 249,429 |
agilon health, Inc. * | 83,490 | 2,026,302 |
AirSculpt Technologies, Inc. (a) | 4,242 | 20,786 |
Akili, Inc., Class A * | 8,840 | 9,370 |
Akumin, Inc. * | 29,384 | 18,306 |
Align Technology, Inc. * | 30,874 | 10,043,312 |
Alignment Healthcare, Inc. * | 33,563 | 211,111 |
Alphatec Holdings, Inc. * | 29,499 | 425,966 |
Amedisys, Inc. * | 13,758 | 1,104,767 |
American Well Corp., Class A * | 105,430 | 230,892 |
AmerisourceBergen Corp. | 69,019 | 11,515,820 |
AMN Healthcare Services, Inc. * | 18,563 | 1,602,915 |
AngioDynamics, Inc. * | 16,851 | 140,200 |
Apollo Medical Holdings, Inc. * | 17,158 | 608,937 |
Apyx Medical Corp. * | 12,488 | 42,459 |
Artivion, Inc. * | 17,724 | 245,832 |
Asensus Surgical, Inc. * | 88,725 | 56,784 |
AtriCure, Inc. * | 20,192 | 888,246 |
Atrion Corp. | 563 | 346,414 |
Augmedix, Inc. *(a) | 20,489 | 61,672 |
Avanos Medical, Inc. * | 19,723 | 582,617 |
Aveanna Healthcare Holdings, Inc. * | 23,737 | 29,197 |
AxoGen, Inc. * | 16,795 | 151,491 |
Axonics, Inc. * | 20,994 | 1,206,315 |
Baxter International, Inc. | 217,013 | 10,347,180 |
Becton, Dickinson & Co. | 120,866 | 31,946,092 |
Beyond Air, Inc. * | 14,110 | 82,261 |
Biodesix, Inc. * | 20,622 | 35,676 |
Biotricity, Inc. * | 16,000 | 8,398 |
Bioventus, Inc., Class A * | 16,149 | 16,311 |
Boston Scientific Corp. * | 609,230 | 31,753,068 |
Brookdale Senior Living, Inc. * | 79,540 | 341,227 |
Butterfly Network, Inc. *(a) | 62,200 | 134,352 |
Cardinal Health, Inc. | 109,519 | 8,991,510 |
CareCloud, Inc. * | 10,649 | 34,822 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
CareMax, Inc. * | 30,662 | 77,268 |
Castle Biosciences, Inc. * | 11,444 | 258,978 |
Centene Corp. * | 235,277 | 16,217,644 |
Certara, Inc. * | 45,805 | 1,107,107 |
Cerus Corp. * | 76,254 | 176,147 |
Chemed Corp. | 6,309 | 3,477,836 |
Cigna Corp. | 127,270 | 32,236,218 |
ClearPoint Neuro, Inc. * | 10,369 | 109,082 |
Clover Health Investments Corp. * | 144,282 | 106,567 |
Co-Diagnostics, Inc. * | 11,070 | 15,277 |
Community Health Systems, Inc. * | 51,561 | 326,897 |
Computer Programs & Systems, Inc. * | 6,539 | 169,229 |
CONMED Corp. | 13,083 | 1,642,832 |
CorVel Corp. * | 3,981 | 804,281 |
Cross Country Healthcare, Inc. * | 14,884 | 327,150 |
Cue Health, Inc. * | 41,972 | 33,028 |
Cutera, Inc. * | 7,952 | 181,306 |
CVRx, Inc. * | 3,468 | 40,368 |
CVS Health Corp. | 546,918 | 40,094,559 |
CytoSorbents Corp. * | 15,994 | 39,185 |
DarioHealth Corp. * | 10,290 | 34,677 |
DaVita, Inc. * | 23,580 | 2,130,689 |
Definitive Healthcare Corp. * | 15,392 | 164,694 |
Delcath Systems, Inc. * | 6,977 | 40,118 |
Dentsply Sirona, Inc. | 91,311 | 3,828,670 |
DexCom, Inc. * | 165,026 | 20,024,255 |
DocGo, Inc. * | 34,222 | 290,887 |
Doximity, Inc., Class A * | 50,729 | 1,864,291 |
Edwards Lifesciences Corp. * | 264,112 | 23,236,574 |
ElectroCore, Inc. * | 3,035 | 18,424 |
Electromed, Inc. * | 3,594 | 39,354 |
Elevance Health, Inc. | 101,733 | 47,677,170 |
Embecta Corp. | 24,775 | 687,506 |
Encompass Health Corp. | 42,330 | 2,715,470 |
Enhabit, Inc. * | 20,321 | 248,932 |
Enovis Corp. * | 20,451 | 1,191,271 |
Envista Holdings Corp. * | 69,423 | 2,672,091 |
enVVeno Medical Corp. * | 2,462 | 9,922 |
Enzo Biochem, Inc. * | 13,471 | 34,082 |
Evolent Health, Inc., Class A * | 38,937 | 1,417,696 |
Figs, Inc., Class A * | 52,953 | 381,262 |
FONAR Corp. * | 3,312 | 52,247 |
Forian, Inc. * | 7,513 | 19,985 |
Fulgent Genetics, Inc. * | 8,120 | 240,108 |
GE Healthcare, Inc. * | 154,867 | 12,596,882 |
GeneDx Holdings Corp. * | 252,464 | 69,074 |
Glaukos Corp. * | 20,229 | 961,080 |
Globus Medical, Inc., Class A * | 33,197 | 1,930,074 |
Great Elm Group, Inc. * | 9,772 | 19,642 |
Guardant Health, Inc. * | 44,014 | 992,956 |
Haemonetics Corp. * | 21,471 | 1,797,337 |
HCA Healthcare, Inc. | 90,346 | 25,959,116 |
Health Catalyst, Inc. * | 24,057 | 303,118 |
HealthEquity, Inc. * | 36,071 | 1,927,995 |
HealthStream, Inc. | 10,873 | 267,911 |
Henry Schein, Inc. * | 57,803 | 4,671,060 |
Heska Corp. * | 4,387 | 513,981 |
Hims & Hers Health, Inc. * | 50,464 | 584,878 |
Hologic, Inc. * | 104,732 | 9,007,999 |
Humana, Inc. | 53,266 | 28,257,080 |
Hyperfine, Inc. * | 14,647 | 20,652 |
ICAD, Inc. * | 9,349 | 13,556 |
ICU Medical, Inc. * | 8,585 | 1,623,767 |
IDEXX Laboratories, Inc. * | 35,400 | 17,422,464 |
Inari Medical, Inc. * | 20,488 | 1,360,813 |
InfuSystem Holdings, Inc. * | 10,655 | 99,837 |
Innovage Holding Corp. * | 7,015 | 42,862 |
Inogen, Inc. * | 10,293 | 137,000 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Inspire Medical Systems, Inc. * | 12,338 | 3,302,019 |
Insulet Corp. * | 29,508 | 9,384,724 |
Integer Holdings Corp. * | 14,115 | 1,162,370 |
Integra LifeSciences Holdings Corp. * | 30,669 | 1,696,609 |
Intuitive Surgical, Inc. * | 149,479 | 45,026,064 |
iRadimed Corp. | 3,278 | 136,463 |
iRhythm Technologies, Inc. * | 12,881 | 1,692,563 |
Know Labs, Inc. * | 35,048 | 31,894 |
KORU Medical Systems, Inc. * | 12,813 | 57,274 |
Laboratory Corp. of America Holdings | 37,634 | 8,532,004 |
Lantheus Holdings, Inc. * | 29,308 | 2,504,369 |
LeMaitre Vascular, Inc. | 8,388 | 452,952 |
LifeMD, Inc. * | 20,209 | 33,547 |
LifeStance Health Group, Inc. * | 40,123 | 327,002 |
LivaNova plc * | 22,985 | 1,100,982 |
Masimo Corp. * | 20,548 | 3,886,449 |
McKesson Corp. | 58,338 | 21,249,033 |
Medtronic plc | 566,603 | 51,532,543 |
Merit Medical Systems, Inc. * | 24,327 | 1,977,542 |
Mesa Laboratories, Inc. | 2,222 | 369,985 |
ModivCare, Inc. * | 5,394 | 343,058 |
Molina Healthcare, Inc. * | 25,097 | 7,476,145 |
National HealthCare Corp. | 5,672 | 328,466 |
National Research Corp. | 6,098 | 265,446 |
Neogen Corp. * | 91,287 | 1,571,962 |
NeoGenomics, Inc. * | 54,415 | 795,547 |
Neuronetics, Inc. * | 13,837 | 31,687 |
NeuroPace, Inc. * | 4,356 | 21,780 |
Nevro Corp. * | 15,398 | 450,699 |
NextGen Healthcare, Inc. * | 24,238 | 405,744 |
Novocure Ltd. * | 38,526 | 2,538,863 |
NuVasive, Inc. * | 22,488 | 967,884 |
Oak Street Health, Inc. * | 49,750 | 1,938,758 |
OmniAb, Inc., Class A *(c) | 2,395 | 0 |
OmniAb, Inc., Class B *(c) | 2,395 | 0 |
Omnicell, Inc. * | 19,225 | 1,168,303 |
OPKO Health, Inc. * | 185,881 | 273,245 |
OptimizeRx Corp. * | 6,885 | 103,482 |
Option Care Health, Inc. * | 71,666 | 2,304,062 |
OraSure Technologies, Inc. * | 30,500 | 207,400 |
Orchestra BioMed Holdings, Inc. * | 5,514 | 88,775 |
Orthofix Medical, Inc. * | 14,213 | 267,631 |
OrthoPediatrics Corp. * | 7,124 | 359,335 |
Outset Medical, Inc. * | 20,864 | 375,343 |
Owens & Minor, Inc. * | 33,542 | 521,243 |
Paragon 28, Inc. * | 11,248 | 207,188 |
Patterson Cos., Inc. | 37,137 | 1,006,784 |
Pediatrix Medical Group, Inc. * | 35,753 | 512,341 |
Penumbra, Inc. * | 16,106 | 4,576,037 |
PetIQ, Inc. * | 11,858 | 139,806 |
Phreesia, Inc. * | 22,302 | 705,635 |
Premier, Inc., Class A | 50,734 | 1,690,964 |
Privia Health Group, Inc. * | 21,567 | 595,896 |
PROCEPT BioRobotics Corp. * | 13,654 | 414,945 |
Progyny, Inc. * | 32,289 | 1,073,286 |
ProSomnus, Inc. * | 6,286 | 32,247 |
Pulmonx Corp. * | 15,144 | 177,942 |
Quest Diagnostics, Inc. | 47,244 | 6,557,940 |
QuidelOrtho Corp. * | 22,797 | 2,050,590 |
R1 RCM, Inc. * | 59,878 | 933,498 |
RadNet, Inc. * | 20,892 | 577,873 |
ResMed, Inc. | 62,857 | 15,146,023 |
RxSight, Inc. * | 7,004 | 125,372 |
Sanara Medtech, Inc. * | 1,654 | 69,385 |
Schrodinger, Inc. * | 22,939 | 677,159 |
Select Medical Holdings Corp. | 44,439 | 1,355,390 |
Semler Scientific, Inc. * | 1,873 | 52,594 |
Senseonics Holdings, Inc. *(a) | 216,699 | 128,958 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Sensus Healthcare, Inc. * | 6,026 | 28,503 |
Sharecare, Inc. * | 140,168 | 215,859 |
Shockwave Medical, Inc. * | 15,401 | 4,468,754 |
SI-BONE, Inc. * | 13,781 | 304,560 |
Sight Sciences, Inc. * | 12,929 | 125,023 |
Silk Road Medical, Inc. * | 16,095 | 708,502 |
Simulations Plus, Inc. | 7,164 | 299,097 |
SmileDirectClub, Inc. * | 95,034 | 38,004 |
Sonendo, Inc. * | 24,344 | 43,819 |
Sonida Senior Living, Inc. * | 1,604 | 11,982 |
STAAR Surgical Co. * | 20,437 | 1,440,195 |
Stereotaxis, Inc. * | 22,696 | 37,675 |
STERIS plc | 42,255 | 7,967,180 |
Streamline Health Solutions, Inc. * | 29,028 | 51,089 |
Stryker Corp. | 143,636 | 43,040,527 |
Surgery Partners, Inc. * | 28,754 | 1,140,384 |
Surmodics, Inc. * | 5,273 | 121,490 |
Tabula Rasa HealthCare, Inc. * | 11,729 | 63,571 |
Tactile Systems Technology, Inc. * | 7,843 | 142,978 |
Talkspace, Inc. * | 38,082 | 30,466 |
Tandem Diabetes Care, Inc. * | 27,515 | 1,089,044 |
Tela Bio, Inc. * | 6,599 | 62,031 |
Teladoc Health, Inc. * | 72,381 | 1,920,268 |
Teleflex, Inc. | 20,249 | 5,518,257 |
Tenet Healthcare Corp. * | 46,116 | 3,381,225 |
The Cooper Cos., Inc. | 21,013 | 8,015,409 |
The Ensign Group, Inc. | 23,672 | 2,298,314 |
The Joint Corp. * | 7,452 | 117,667 |
The Oncology Institute, Inc. * | 11,011 | 5,616 |
The Pennant Group, Inc. * | 13,217 | 183,320 |
TransMedics Group, Inc. * | 13,741 | 1,086,913 |
Treace Medical Concepts, Inc. * | 15,042 | 368,379 |
U.S. Physical Therapy, Inc. | 5,493 | 584,785 |
UFP Technologies, Inc. * | 2,930 | 403,871 |
UnitedHealth Group, Inc. | 397,744 | 195,725,845 |
Universal Health Services, Inc., Class B | 27,269 | 4,099,894 |
Utah Medical Products, Inc. | 1,365 | 129,457 |
Varex Imaging Corp. * | 17,095 | 303,265 |
Veeva Systems, Inc., Class A * | 59,985 | 10,742,114 |
Veradigm, Inc. * | 45,945 | 573,853 |
Vicarious Surgical, Inc. * | 13,695 | 30,814 |
ViewRay, Inc. * | 65,189 | 76,923 |
Vivani Medical, Inc. * | 5,513 | 6,119 |
VolitionRX Ltd. * | 15,384 | 26,153 |
Zimmer Biomet Holdings, Inc. | 89,152 | 12,342,203 |
Zimvie, Inc. * | 8,294 | 68,260 |
Zomedica Corp. * | 412,334 | 82,632 |
Zynex, Inc. * | 7,546 | 86,326 |
1,044,667,381 | ||
Household & Personal Products 1.5% | ||
BellRing Brands, Inc. * | 56,724 | 2,041,497 |
Central Garden & Pet Co. * | 4,564 | 168,138 |
Central Garden & Pet Co., Class A * | 17,026 | 601,529 |
Church & Dwight Co., Inc. | 104,819 | 10,180,021 |
Colgate-Palmolive Co. | 355,544 | 28,372,411 |
Coty, Inc., Class A * | 154,857 | 1,838,153 |
Edgewell Personal Care Co. | 22,085 | 964,452 |
elf Beauty, Inc. * | 21,719 | 2,014,654 |
Energizer Holdings, Inc. | 28,154 | 941,188 |
Herbalife Nutrition Ltd. * | 41,704 | 619,721 |
Inter Parfums, Inc. | 7,612 | 1,155,426 |
Kimberly-Clark Corp. | 143,860 | 20,843,875 |
Lifevantage Corp. | 9,250 | 30,525 |
Medifast, Inc. | 4,730 | 433,505 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Natural Alternatives International, Inc. * | 3,654 | 32,557 |
Nature's Sunshine Products, Inc. * | 4,762 | 52,192 |
Nu Skin Enterprises, Inc., Class A | 20,689 | 816,388 |
Oil-Dri Corp. of America | 1,961 | 83,107 |
Olaplex Holdings, Inc. * | 35,606 | 131,742 |
Reynolds Consumer Products, Inc. | 22,740 | 637,402 |
Spectrum Brands Holdings, Inc. | 17,507 | 1,164,216 |
The Beauty Health Co. * | 39,541 | 453,140 |
The Clorox Co. | 52,557 | 8,704,490 |
The Estee Lauder Cos., Inc., Class A | 98,995 | 24,424,046 |
The Honest Co., Inc. * | 28,282 | 46,948 |
The Procter & Gamble Co. | 1,004,142 | 157,027,726 |
Thorne HealthTech, Inc. * | 3,990 | 17,596 |
USANA Health Sciences, Inc. * | 4,815 | 319,572 |
Veru, Inc. *(a) | 21,463 | 27,258 |
WD-40 Co. | 5,696 | 1,084,518 |
265,227,993 | ||
Insurance 2.3% | ||
Aflac, Inc. | 238,211 | 16,639,038 |
Ambac Financial Group, Inc. * | 18,028 | 287,547 |
American Equity Investment Life Holding Co. | 29,664 | 1,143,251 |
American Financial Group, Inc. | 29,687 | 3,643,486 |
American International Group, Inc. | 316,409 | 16,782,333 |
AMERISAFE, Inc. | 8,109 | 451,266 |
Aon plc, Class A | 87,398 | 28,420,082 |
Arch Capital Group Ltd. * | 157,316 | 11,809,712 |
Argo Group International Holdings Ltd. | 15,722 | 462,384 |
Arthur J. Gallagher & Co. | 90,491 | 18,827,557 |
Assurant, Inc. | 22,603 | 2,783,107 |
Assured Guaranty Ltd. | 25,546 | 1,376,163 |
Axis Capital Holdings Ltd. | 32,775 | 1,853,099 |
Bright Health Group, Inc. * | 113,463 | 18,234 |
Brighthouse Financial, Inc. * | 29,337 | 1,296,695 |
Brown & Brown, Inc. | 101,595 | 6,541,702 |
BRP Group, Inc., Class A * | 26,470 | 666,779 |
Chubb Ltd. | 176,367 | 35,548,533 |
Cincinnati Financial Corp. | 67,710 | 7,207,052 |
Citizens, Inc. * | 24,606 | 46,013 |
CNA Financial Corp. | 11,952 | 465,052 |
CNO Financial Group, Inc. | 48,627 | 1,091,190 |
Crawford & Co., Class A | 10,215 | 92,241 |
Donegal Group, Inc., Class A | 6,507 | 91,619 |
eHealth, Inc. * | 13,577 | 81,462 |
Employers Holdings, Inc. | 11,659 | 461,580 |
Enstar Group Ltd. * | 5,831 | 1,402,939 |
Erie Indemnity Co., Class A | 10,607 | 2,305,219 |
Everest Re Group Ltd. | 16,650 | 6,293,700 |
F&G Annuities & Life, Inc. | 7,821 | 143,354 |
Fidelity National Financial, Inc. | 115,655 | 4,104,596 |
First American Financial Corp. | 44,086 | 2,539,794 |
Genworth Financial, Inc., Class A * | 210,915 | 1,225,416 |
Globe Life, Inc. | 38,311 | 4,157,510 |
GoHealth, Inc., Class A * | 1,522 | 13,241 |
Goosehead Insurance, Inc., Class A * | 9,159 | 526,643 |
Greenlight Capital Re Ltd., Class A * | 9,834 | 96,177 |
Hagerty, Inc., Class A *(a) | 15,234 | 152,492 |
Hallmark Financial Services, Inc. * | 1,236 | 6,945 |
HCI Group, Inc. | 3,137 | 158,920 |
Heritage Insurance Holdings, Inc. | 10,125 | 32,704 |
Horace Mann Educators Corp. | 17,846 | 558,223 |
Investors Title Co. | 697 | 103,700 |
James River Group Holdings Ltd. | 15,431 | 300,442 |
Kemper Corp. | 27,177 | 1,322,161 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Kingsway Financial Services, Inc. * | 5,983 | 51,932 |
Kinsale Capital Group, Inc. | 9,221 | 3,012,593 |
Lemonade, Inc. * | 20,571 | 222,990 |
Lincoln National Corp. | 66,028 | 1,434,788 |
Loews Corp. | 83,449 | 4,804,159 |
Maiden Holdings Ltd. * | 32,952 | 72,494 |
Markel Corp. * | 5,700 | 7,800,621 |
Marsh & McLennan Cos., Inc. | 210,538 | 37,936,842 |
MBIA, Inc. * | 22,069 | 222,014 |
Mercury General Corp. | 11,235 | 341,656 |
MetLife, Inc. | 280,725 | 17,216,864 |
Midwest Holding, Inc. * | 1,961 | 26,827 |
National Western Life Group, Inc., Class A | 1,082 | 275,888 |
NI Holdings, Inc. * | 3,782 | 51,019 |
Old Republic International Corp. | 116,992 | 2,956,388 |
Oscar Health, Inc., Class A * | 48,793 | 328,377 |
Palomar Holdings, Inc. * | 10,660 | 535,772 |
Primerica, Inc. | 15,617 | 2,850,259 |
Principal Financial Group, Inc. | 96,588 | 7,214,158 |
ProAssurance Corp. | 24,020 | 431,399 |
Prudential Financial, Inc. | 156,478 | 13,613,586 |
Reinsurance Group of America, Inc. | 28,361 | 4,036,338 |
RenaissanceRe Holdings Ltd. | 19,040 | 4,101,406 |
RLI Corp. | 17,176 | 2,388,323 |
Root, Inc., Class A *(a) | 9,051 | 38,829 |
Ryan Specialty Holdings, Inc., Class A * | 35,136 | 1,435,657 |
Safety Insurance Group, Inc. | 6,404 | 468,068 |
Selective Insurance Group, Inc. | 25,774 | 2,482,809 |
Selectquote, Inc. * | 53,616 | 56,833 |
SiriusPoint Ltd. * | 38,925 | 338,258 |
Skyward Specialty Insurance Group, Inc. * | 3,906 | 83,510 |
Stewart Information Services Corp. | 11,341 | 472,353 |
The Allstate Corp. | 112,786 | 13,056,107 |
The Hanover Insurance Group, Inc. | 15,825 | 1,892,037 |
The Hartford Financial Services Group, Inc. | 133,750 | 9,494,913 |
The Progressive Corp. | 248,821 | 33,939,184 |
The Travelers Cos., Inc. | 98,564 | 17,853,883 |
Tiptree, Inc. | 9,652 | 132,908 |
Trupanion, Inc. * | 14,817 | 520,225 |
United Fire Group, Inc. | 9,091 | 244,548 |
United Insurance Holdings Corp. * | 6,030 | 24,904 |
Universal Insurance Holdings, Inc. | 11,138 | 171,748 |
Unum Group | 79,295 | 3,346,249 |
W.R. Berkley Corp. | 86,724 | 5,109,778 |
White Mountains Insurance Group Ltd. | 1,070 | 1,532,390 |
Willis Towers Watson plc | 45,348 | 10,502,597 |
398,655,834 | ||
Materials 2.8% | ||
5E Advanced Materials, Inc. *(a) | 11,374 | 47,998 |
Advanced Emissions Solutions, Inc. * | 5,901 | 10,917 |
AdvanSix, Inc. | 11,778 | 443,795 |
Air Products & Chemicals, Inc. | 94,510 | 27,819,964 |
Albemarle Corp. | 50,031 | 9,278,749 |
Alcoa Corp. | 75,227 | 2,793,931 |
Alpha Metallurgical Resources, Inc. | 6,079 | 890,938 |
Alto Ingredients, Inc. * | 33,727 | 44,182 |
Amcor plc | 632,372 | 6,937,121 |
American Vanguard Corp. | 11,255 | 216,659 |
Ampco-Pittsburgh Corp. * | 7,848 | 23,701 |
Amyris, Inc. * | 98,157 | 80,253 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
AptarGroup, Inc. | 27,733 | 3,286,638 |
Arconic Corp. * | 43,784 | 1,083,654 |
Ascent Industries Co. * | 4,646 | 44,091 |
Ashland, Inc. | 21,323 | 2,166,630 |
Aspen Aerogels, Inc. * | 22,932 | 143,554 |
ATI, Inc. * | 55,065 | 2,126,610 |
Avery Dennison Corp. | 34,489 | 6,017,641 |
Avient Corp. | 36,149 | 1,392,098 |
Axalta Coating Systems Ltd. * | 93,882 | 2,963,855 |
Balchem Corp. | 13,634 | 1,791,508 |
Ball Corp. | 134,234 | 7,138,564 |
Berry Global Group, Inc. | 51,573 | 2,981,435 |
Cabot Corp. | 23,773 | 1,705,950 |
Carpenter Technology Corp. | 20,540 | 1,083,280 |
Celanese Corp. | 42,453 | 4,510,207 |
Century Aluminum Co. * | 22,913 | 196,823 |
CF Industries Holdings, Inc. | 83,854 | 6,002,269 |
Chase Corp. | 3,075 | 336,190 |
Clearwater Paper Corp. * | 7,639 | 275,768 |
Cleveland-Cliffs, Inc. * | 219,024 | 3,368,589 |
Coeur Mining, Inc. * | 116,862 | 397,331 |
Commercial Metals Co. | 49,377 | 2,305,412 |
Compass Minerals International, Inc. | 14,554 | 476,352 |
Contango ORE, Inc. * | 1,750 | 52,325 |
Core Molding Technologies, Inc. * | 2,885 | 54,094 |
Corteva, Inc. | 304,074 | 18,585,003 |
Crown Holdings, Inc. | 50,919 | 4,367,832 |
Dakota Gold Corp. * | 24,511 | 80,641 |
Danimer Scientific, Inc. * | 37,658 | 118,999 |
Diversey Holdings Ltd. * | 34,563 | 280,997 |
Dow, Inc. | 300,352 | 16,339,149 |
DuPont de Nemours, Inc. | 195,410 | 13,623,985 |
Eagle Materials, Inc. | 15,241 | 2,258,869 |
Eastman Chemical Co. | 50,619 | 4,265,663 |
Ecolab, Inc. | 105,762 | 17,751,094 |
Ecovyst, Inc. * | 27,243 | 309,208 |
Element Solutions, Inc. | 95,542 | 1,734,087 |
Flotek Industries, Inc. * | 33,484 | 22,032 |
FMC Corp. | 53,953 | 6,667,512 |
Freeport-McMoRan, Inc. | 609,277 | 23,097,691 |
Friedman Industries, Inc. | 2,834 | 31,599 |
FutureFuel Corp. | 9,399 | 70,492 |
Gatos Silver, Inc. * | 17,898 | 106,851 |
Ginkgo Bioworks Holdings, Inc. *(a) | 434,814 | 530,473 |
Glatfelter Corp. | 18,834 | 85,130 |
Gold Resource Corp. | 39,537 | 36,449 |
Golden Minerals Co. * | 74,652 | 17,170 |
Graphic Packaging Holding Co. | 131,933 | 3,253,468 |
Greif, Inc., Class A | 13,364 | 839,126 |
H.B. Fuller Co. | 23,053 | 1,525,417 |
Hawkins, Inc. | 8,063 | 325,261 |
Haynes International, Inc. | 5,389 | 253,337 |
Hecla Mining Co. | 238,374 | 1,442,163 |
Huntsman Corp. | 76,716 | 2,055,222 |
Hycroft Mining Holding Corp. * | 60,156 | 22,733 |
Idaho Strategic Resources, Inc. * | 4,628 | 28,971 |
Ingevity Corp. * | 14,768 | 1,059,456 |
Innospec, Inc. | 10,460 | 1,063,050 |
International Flavors & Fragrances, Inc. | 108,540 | 10,524,038 |
International Paper Co. | 151,354 | 5,011,331 |
Intrepid Potash, Inc. * | 3,965 | 102,218 |
Kaiser Aluminum Corp. | 6,881 | 452,219 |
Koppers Holdings, Inc. | 8,623 | 282,921 |
Kronos Worldwide, Inc. | 9,190 | 85,467 |
Linde plc | 209,520 | 77,407,164 |
Livent Corp. * | 76,633 | 1,674,431 |
Loop Industries, Inc. *(a) | 9,523 | 31,140 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Louisiana-Pacific Corp. | 30,419 | 1,817,231 |
LSB Industries, Inc. * | 21,659 | 193,415 |
LyondellBasell Industries N.V., Class A | 108,017 | 10,219,488 |
Martin Marietta Materials, Inc. | 26,386 | 9,583,395 |
Materion Corp. | 8,847 | 958,219 |
Mativ Holdings, Inc. | 23,942 | 463,757 |
McEwen Mining, Inc. * | 18,704 | 153,373 |
Mercer International, Inc. | 18,274 | 177,806 |
Minerals Technologies, Inc. | 13,718 | 812,929 |
MP Materials Corp. * | 39,579 | 857,677 |
Myers Industries, Inc. | 15,888 | 301,078 |
NewMarket Corp. | 2,823 | 1,128,071 |
Newmont Corp. | 338,396 | 16,039,970 |
Northern Technologies International Corp. | 2,657 | 30,502 |
Nucor Corp. | 107,705 | 15,959,727 |
O-I Glass, Inc. * | 65,831 | 1,479,223 |
Olin Corp. | 52,202 | 2,891,991 |
Olympic Steel, Inc. | 4,090 | 190,471 |
Origin Materials, Inc. * | 53,958 | 213,134 |
Orion Engineered Carbons S.A. | 24,587 | 595,251 |
Packaging Corp. of America | 39,374 | 5,325,727 |
Pactiv Evergreen, Inc. | 15,063 | 118,998 |
Perimeter Solutions S.A. * | 64,240 | 480,515 |
Piedmont Lithium, Inc. * | 6,862 | 394,565 |
PPG Industries, Inc. | 100,559 | 14,104,405 |
PureCycle Technologies, Inc. *(a) | 55,133 | 362,224 |
Quaker Chemical Corp. | 5,787 | 1,080,028 |
Ramaco Resources, Inc. | 10,591 | 86,105 |
Ranpak Holdings Corp. * | 15,372 | 62,718 |
Rayonier Advanced Materials, Inc. * | 26,864 | 146,140 |
Reliance Steel & Aluminum Co. | 24,846 | 6,156,839 |
Royal Gold, Inc. | 27,954 | 3,702,228 |
RPM International, Inc. | 54,880 | 4,501,806 |
Ryerson Holding Corp. | 9,162 | 346,049 |
Schnitzer Steel Industries, Inc., Class A | 10,451 | 301,929 |
Sealed Air Corp. | 62,347 | 2,992,033 |
Sensient Technologies Corp. | 17,965 | 1,337,674 |
Silgan Holdings, Inc. | 35,551 | 1,751,242 |
Smith-Midland Corp. * | 1,800 | 29,700 |
Solitario Zinc Corp. * | 44,899 | 27,020 |
Sonoco Products Co. | 41,601 | 2,521,853 |
Steel Dynamics, Inc. | 70,837 | 7,363,506 |
Stepan Co. | 8,826 | 813,757 |
Summit Materials, Inc., Class A * | 50,640 | 1,388,050 |
SunCoke Energy, Inc. | 34,174 | 265,874 |
Sylvamo Corp. | 13,382 | 613,163 |
The Chemours Co. | 62,800 | 1,825,596 |
The Mosaic Co. | 145,284 | 6,225,419 |
The Scotts Miracle-Gro Co. | 17,236 | 1,151,537 |
The Sherwin-Williams Co. | 100,458 | 23,862,793 |
TimkenSteel Corp. * | 16,743 | 280,278 |
Tredegar Corp. | 10,770 | 101,023 |
TriMas Corp. | 17,344 | 440,711 |
Trinseo plc | 14,826 | 268,647 |
Tronox Holdings plc, Class A | 49,611 | 679,175 |
U.S. Antimony Corp. * | 59,275 | 21,167 |
U.S. Gold Corp. * | 7,270 | 31,334 |
United States Lime & Minerals, Inc. | 769 | 123,732 |
United States Steel Corp. | 96,150 | 2,199,912 |
Universal Stainless & Alloy Products, Inc. * | 5,210 | 49,339 |
Valhi, Inc. | 1,628 | 25,283 |
Vulcan Materials Co. | 56,749 | 9,937,885 |
Warrior Met Coal, Inc. | 21,664 | 748,924 |
Westlake Corp. | 14,559 | 1,656,523 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Westrock Co. | 108,693 | 3,253,181 |
Worthington Industries, Inc. | 12,939 | 768,447 |
492,300,897 | ||
Media & Entertainment 6.6% | ||
Activision Blizzard, Inc. * | 302,611 | 23,515,901 |
AdTheorent Holding Co., Inc. * | 21,011 | 31,517 |
Advantage Solutions, Inc. * | 42,984 | 55,020 |
Alphabet, Inc., Class A * | 2,536,560 | 272,274,350 |
Alphabet, Inc., Class C * | 2,211,173 | 239,293,142 |
Altice USA, Inc., Class A * | 96,653 | 338,286 |
AMC Entertainment Holdings, Inc., Class A (a) | 221,629 | 1,218,959 |
AMC Networks, Inc., Class A * | 11,743 | 207,734 |
Angi, Inc. * | 33,311 | 76,615 |
Boston Omaha Corp., Class A * | 8,359 | 171,025 |
Bumble, Inc., Class A * | 39,881 | 726,233 |
BuzzFeed, Inc. * | 14,995 | 8,045 |
Cable One, Inc. | 2,070 | 1,569,909 |
Cardlytics, Inc. * | 13,998 | 90,847 |
Cargurus, Inc. * | 40,697 | 669,059 |
Cars.com, Inc. * | 26,286 | 514,417 |
Charter Communications, Inc., Class A * | 44,784 | 16,511,861 |
Cinedigm Corp., Class A * | 54,801 | 21,449 |
Cinemark Holdings, Inc. * | 44,949 | 758,739 |
Clear Channel Outdoor Holdings, Inc. * | 193,206 | 245,372 |
Comcast Corp., Class A | 1,790,260 | 74,063,056 |
comScore, Inc. * | 46,051 | 46,512 |
Cumulus Media, Inc., Class A * | 7,422 | 26,088 |
CuriosityStream, Inc. * | 23,041 | 24,193 |
Daily Journal Corp. * | 412 | 112,538 |
DHI Group, Inc. * | 17,605 | 64,610 |
DISH Network Corp., Class A * | 107,474 | 807,130 |
Electronic Arts, Inc. | 111,131 | 14,144,754 |
Emerald Holding, Inc. * | 6,732 | 24,976 |
Endeavor Group Holdings, Inc., Class A * | 73,174 | 1,886,426 |
Entravision Communications Corp., Class A | 23,831 | 148,944 |
Eventbrite, Inc., Class A * | 35,982 | 261,589 |
EverQuote, Inc., Class A * | 8,283 | 57,733 |
Fluent, Inc. * | 30,212 | 22,357 |
Fox Corp., Class A | 126,238 | 4,198,676 |
Fox Corp., Class B | 58,734 | 1,793,736 |
Gaia, Inc. * | 10,263 | 31,200 |
Gannett Co., Inc. * | 69,602 | 132,244 |
Genius Brands International, Inc. * | 10,629 | 27,422 |
Golden Matrix Group, Inc. * | 8,251 | 18,647 |
Gray Television, Inc. | 36,454 | 281,060 |
Grindr, Inc. * | 10,471 | 66,281 |
Harte Hanks, Inc. * | 3,347 | 28,249 |
IAC, Inc. * | 33,563 | 1,737,557 |
iHeartMedia, Inc., Class A * | 43,715 | 151,691 |
Innovid Corp. * | 35,745 | 33,565 |
Integral Ad Science Holding Corp. * | 14,662 | 230,633 |
IZEA Worldwide, Inc. * | 34,489 | 20,090 |
John Wiley & Sons, Inc., Class A | 18,846 | 726,890 |
Lee Enterprises, Inc. * | 1,545 | 17,798 |
Liberty Broadband Corp., Class A * | 6,963 | 588,582 |
Liberty Broadband Corp., Class C * | 50,844 | 4,310,554 |
Liberty Media Corp. - Liberty Braves, Class A * | 4,353 | 170,507 |
Liberty Media Corp. - Liberty Braves, Class C * | 15,115 | 574,672 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Liberty Media Corp. - Liberty Formula One, Class A * | 10,153 | 657,711 |
Liberty Media Corp. - Liberty Formula One, Class C * | 88,195 | 6,366,797 |
Liberty Media Corp. - Liberty SiriusXM, Class A * | 31,810 | 893,861 |
Liberty Media Corp. - Liberty SiriusXM, Class C * | 66,099 | 1,846,806 |
Lions Gate Entertainment Corp., Class A * | 25,512 | 293,388 |
Lions Gate Entertainment Corp., Class B * | 53,349 | 569,234 |
Live Nation Entertainment, Inc. * | 61,934 | 4,197,887 |
LiveOne, Inc. * | 39,793 | 67,648 |
Loop Media, Inc. * | 15,423 | 80,045 |
Madison Square Garden Entertainment Corp. * | 11,111 | 358,552 |
Madison Square Garden Sports Corp. | 7,599 | 1,523,599 |
Magnite, Inc. * | 51,501 | 484,109 |
Marchex, Inc., Class B * | 24,313 | 45,465 |
Match Group, Inc. * | 119,058 | 4,393,240 |
MediaAlpha, Inc., Class A * | 10,785 | 79,809 |
Meta Platforms, Inc., Class A * | 948,060 | 227,837,779 |
Netflix, Inc. * | 189,763 | 62,608,507 |
News Corp., Class A | 162,526 | 2,862,083 |
News Corp., Class B | 50,531 | 896,925 |
Nexstar Media Group, Inc., Class A | 16,018 | 2,778,322 |
Nextdoor Holdings, Inc. * | 67,006 | 141,383 |
Omnicom Group, Inc. | 86,044 | 7,793,005 |
Outbrain, Inc. * | 17,672 | 67,684 |
Paramount Global, Class B | 219,836 | 5,128,774 |
Pinterest, Inc., Class A * | 252,856 | 5,815,688 |
Playstudios, Inc. * | 40,501 | 177,394 |
Playtika Holding Corp. * | 40,125 | 401,250 |
PubMatic, Inc., Class A * | 17,470 | 238,640 |
QuinStreet, Inc. * | 21,564 | 239,576 |
Quotient Technology, Inc. * | 36,556 | 103,088 |
Reading International, Inc., Class B * | 1,251 | 27,334 |
Reservoir Media, Inc. * | 14,527 | 96,459 |
ROBLOX Corp., Class A * | 154,235 | 5,490,766 |
Roku, Inc. * | 52,065 | 2,926,574 |
Rumble, Inc. *(a) | 34,234 | 272,503 |
Saga Communications, Inc., Class A | 1,989 | 44,255 |
Scholastic Corp. | 12,861 | 494,763 |
Sciplay Corp., Class A * | 8,381 | 143,147 |
Shutterstock, Inc. | 10,396 | 696,532 |
Sinclair Broadcast Group, Inc., Class A | 17,890 | 355,832 |
Sirius XM Holdings, Inc. (a) | 301,220 | 1,144,636 |
Skillz, Inc. * | 126,071 | 78,504 |
Snap, Inc., Class A * | 417,788 | 3,638,933 |
Sphere Entertainment Co. * | 11,111 | 312,664 |
Stagwell, Inc. * | 43,953 | 273,388 |
System1, Inc. * | 6,938 | 19,981 |
Take-Two Interactive Software, Inc. * | 67,422 | 8,379,880 |
TechTarget, Inc. * | 11,292 | 384,944 |
TEGNA, Inc. | 94,328 | 1,613,009 |
The Arena Group Holdings, Inc. * | 4,958 | 20,328 |
The E.W. Scripps Co., Class A * | 25,886 | 218,219 |
The Interpublic Group of Cos., Inc. | 164,646 | 5,882,802 |
The Marcus Corp. | 10,398 | 182,173 |
The New York Times Co., Class A | 70,255 | 2,792,636 |
The Trade Desk, Inc., Class A * | 190,881 | 12,281,284 |
The Walt Disney Co. * | 778,381 | 79,784,052 |
Thryv Holdings, Inc. * | 12,739 | 286,118 |
Townsquare Media, Inc., Class A | 6,366 | 60,222 |
Travelzoo * | 4,020 | 29,949 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
TripAdvisor, Inc. * | 45,081 | 799,286 |
TrueCar, Inc. * | 41,115 | 105,666 |
Urban One, Inc. * | 6,214 | 36,103 |
Vimeo, Inc. * | 71,535 | 235,350 |
Vinco Ventures, Inc. * | 68,845 | 12,612 |
Vivid Seats, Inc., Class A * | 9,000 | 64,620 |
Warner Bros Discovery, Inc. * | 946,854 | 12,886,683 |
Warner Music Group Corp., Class A | 50,430 | 1,536,602 |
Wejo Group Ltd. * | 19,449 | 7,585 |
WideOpenWest, Inc. * | 23,881 | 272,960 |
World Wrestling Entertainment, Inc., Class A | 18,470 | 1,979,430 |
Yelp, Inc. * | 29,475 | 881,892 |
Zedge, Inc., Class B * | 11,319 | 22,412 |
Ziff Davis, Inc. * | 20,262 | 1,481,963 |
ZipRecruiter, Inc., Class A * | 23,036 | 390,230 |
ZoomInfo Technologies, Inc. * | 114,569 | 2,510,207 |
1,155,233,177 | ||
Pharmaceuticals, Biotechnology & Life Sciences 8.2% | ||
10X Genomics, Inc., Class A * | 40,874 | 2,143,024 |
2seventy bio, Inc. * | 16,616 | 158,018 |
4D Molecular Therapeutics, Inc. * | 13,285 | 239,263 |
89bio, Inc. * | 21,026 | 335,995 |
Aadi Bioscience, Inc. * | 8,294 | 64,361 |
AbbVie, Inc. | 753,182 | 113,820,864 |
Abeona Therapeutics, Inc. * | 18,000 | 55,260 |
Absci Corp. * | 23,263 | 30,707 |
ACADIA Pharmaceuticals, Inc. * | 50,473 | 1,076,589 |
AcelRx Pharmaceuticals, Inc. * | 6,381 | 4,275 |
Achieve Life Sciences, Inc. * | 8,279 | 68,964 |
Aclaris Therapeutics, Inc. * | 21,790 | 193,713 |
Acrivon Therapeutics, Inc. * | 3,170 | 39,023 |
Actinium Pharmaceuticals, Inc. * | 12,526 | 110,229 |
Acumen Pharmaceuticals, Inc. * | 9,845 | 38,002 |
Adaptive Biotechnologies Corp. * | 49,145 | 350,895 |
Adicet Bio, Inc. * | 13,243 | 77,339 |
ADMA Biologics, Inc. * | 83,730 | 280,495 |
Adverum Biotechnologies, Inc. * | 62,914 | 49,318 |
Aerovate Therapeutics, Inc. * | 3,663 | 76,813 |
Agenus, Inc. * | 119,504 | 180,451 |
Agilent Technologies, Inc. | 125,771 | 17,033,167 |
Agios Pharmaceuticals, Inc. * | 24,055 | 550,138 |
Akebia Therapeutics, Inc. * | 79,804 | 72,502 |
Akero Therapeutics, Inc. * | 13,141 | 587,928 |
Akoya Biosciences, Inc. * | 7,848 | 54,622 |
Aldeyra Therapeutics, Inc. * | 22,201 | 211,576 |
Alector, Inc. * | 26,074 | 172,088 |
Alkermes plc * | 73,019 | 2,084,692 |
Allakos, Inc. * | 29,756 | 126,463 |
Allogene Therapeutics, Inc. * | 38,872 | 211,075 |
Allovir, Inc. * | 18,004 | 61,934 |
Alnylam Pharmaceuticals, Inc. * | 52,836 | 10,524,931 |
Alpha Teknova, Inc. * | 2,787 | 5,267 |
Alpine Immune Sciences, Inc. * | 13,710 | 102,688 |
Altimmune, Inc. * | 20,396 | 103,000 |
Alzamend Neuro, Inc. * | 53,080 | 29,051 |
Amgen, Inc. | 227,354 | 54,505,848 |
Amicus Therapeutics, Inc. * | 105,692 | 1,219,686 |
Amphastar Pharmaceuticals, Inc. * | 15,640 | 559,443 |
Amylyx Pharmaceuticals, Inc. * | 17,199 | 488,452 |
AN2 Therapeutics, Inc. *(a) | 5,000 | 39,250 |
AnaptysBio, Inc. * | 9,167 | 190,857 |
Anavex Life Sciences Corp. *(a) | 32,274 | 262,710 |
ANI Pharmaceuticals, Inc. * | 4,883 | 184,187 |
Anika Therapeutics, Inc. * | 5,811 | 149,110 |
Anixa Biosciences, Inc. * | 12,785 | 52,163 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Annexon, Inc. * | 19,332 | 102,556 |
Annovis Bio, Inc. *(a) | 2,061 | 30,029 |
Apellis Pharmaceuticals, Inc. * | 39,927 | 3,331,110 |
AquaBounty Technologies, Inc. * | 44,032 | 23,865 |
Aravive, Inc. * | 6,772 | 9,616 |
Arbutus Biopharma Corp. * | 50,681 | 127,209 |
ARCA biopharma, Inc. * | 14,988 | 29,976 |
Arcellx, Inc. * | 11,614 | 495,686 |
Arcturus Therapeutics Holdings, Inc. * | 11,460 | 305,065 |
Arcus Biosciences, Inc. * | 21,937 | 391,575 |
Arcutis Biotherapeutics, Inc. * | 17,059 | 236,097 |
Ardelyx, Inc. * | 81,968 | 365,577 |
Arrowhead Pharmaceuticals, Inc. * | 46,222 | 1,636,721 |
ARS Pharmaceuticals, Inc. * | 16,170 | 105,105 |
Arvinas, Inc. * | 20,555 | 538,747 |
Assembly Biosciences, Inc. * | 32,452 | 33,750 |
Assertio Holdings, Inc. * | 23,152 | 127,568 |
Astria Therapeutics, Inc. * | 9,822 | 128,177 |
Atara Biotherapeutics, Inc. * | 43,101 | 116,804 |
Atea Pharmaceuticals, Inc. * | 33,404 | 109,231 |
Athira Pharma, Inc. * | 13,857 | 38,661 |
Atossa Therapeutics, Inc. * | 45,962 | 29,379 |
Atreca, Inc., Class A * | 22,959 | 22,959 |
aTyr Pharma, Inc. * | 26,689 | 52,044 |
Aura Biosciences, Inc. * | 9,925 | 89,722 |
Avantor, Inc. * | 286,630 | 5,583,552 |
Avid Bioservices, Inc. * | 27,120 | 489,516 |
Avidity Biosciences, Inc. * | 27,726 | 343,802 |
Avita Medical, Inc. * | 10,054 | 156,038 |
Avrobio, Inc. * | 9,797 | 9,781 |
Axcella Health, Inc. * | 18,250 | 7,337 |
Axsome Therapeutics, Inc. * | 14,357 | 1,026,956 |
Azenta, Inc. * | 29,518 | 1,283,738 |
Beam Therapeutics, Inc. * | 25,645 | 787,558 |
Bellerophon Therapeutics, Inc. * | 4,665 | 35,687 |
Berkeley Lights, Inc. * | 27,503 | 32,179 |
BioAtla, Inc. * | 18,434 | 62,123 |
BioCryst Pharmaceuticals, Inc. * | 80,837 | 615,170 |
Biogen, Inc. * | 61,634 | 18,750,912 |
Biohaven Ltd. * | 26,982 | 352,925 |
BioLife Solutions, Inc. * | 14,953 | 262,575 |
BioMarin Pharmaceutical, Inc. * | 79,010 | 7,588,120 |
Biomea Fusion, Inc. * | 7,680 | 226,330 |
Bionano Genomics, Inc. *(a) | 121,204 | 83,376 |
Bio-Rad Laboratories, Inc., Class A * | 9,172 | 4,134,646 |
Biote Corp., Class A * | 7,115 | 45,963 |
Bio-Techne Corp. | 67,036 | 5,354,836 |
BioVie, Inc. * | 4,021 | 32,128 |
Bioxcel Therapeutics, Inc. * | 8,322 | 171,600 |
Blueprint Medicines Corp. * | 25,348 | 1,294,015 |
Bolt Biotherapeutics, Inc. * | 24,712 | 39,045 |
BrainStorm Cell Therapeutics, Inc. * | 11,287 | 32,619 |
Bridgebio Pharma, Inc. * | 49,769 | 722,646 |
Bright Green Corp. * | 28,510 | 41,340 |
Bristol-Myers Squibb Co. | 905,521 | 60,461,637 |
Bruker Corp. | 42,617 | 3,372,283 |
Cabaletta Bio, Inc. * | 10,078 | 104,610 |
Capricor Therapeutics, Inc. * | 13,479 | 52,433 |
Cara Therapeutics, Inc. * | 20,844 | 87,545 |
Cardiff Oncology, Inc. * | 16,399 | 28,534 |
CareDx, Inc. * | 22,269 | 180,156 |
Caribou Biosciences, Inc. * | 23,459 | 100,874 |
Carisma Therapeutics, Inc. | 3,395 | 14,088 |
Cassava Sciences, Inc. *(a) | 17,259 | 400,754 |
Catalent, Inc. * | 76,794 | 3,848,915 |
Catalyst Pharmaceuticals, Inc. * | 39,871 | 634,746 |
Celcuity, Inc. * | 4,926 | 50,590 |
Celldex Therapeutics, Inc. * | 19,973 | 627,951 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
CEL-SCI Corp. *(a) | 16,481 | 34,775 |
Celularity, Inc. * | 27,363 | 16,158 |
Century Therapeutics, Inc. * | 10,076 | 31,538 |
Cerevel Therapeutics Holdings, Inc. * | 27,832 | 808,241 |
Charles River Laboratories International, Inc. * | 21,658 | 4,117,619 |
Checkpoint Therapeutics, Inc. *(a) | 3,371 | 11,125 |
Chimerix, Inc. * | 37,732 | 43,769 |
Chinook Therapeutics, Inc. * | 18,742 | 375,027 |
ChromaDex Corp. * | 24,667 | 32,560 |
Cidara Therapeutics, Inc. * | 26,814 | 27,350 |
Citius Pharmaceuticals, Inc. * | 76,073 | 110,306 |
Clearside Biomedical, Inc. * | 20,216 | 20,418 |
Clene, Inc. * | 25,692 | 24,407 |
Codexis, Inc. * | 29,943 | 117,377 |
Cogent Biosciences, Inc. * | 30,366 | 326,738 |
Coherus Biosciences, Inc. * | 26,548 | 191,942 |
Collegium Pharmaceutical, Inc. * | 14,303 | 332,831 |
Compass Therapeutics, Inc. * | 42,767 | 128,729 |
Corbus Pharmaceuticals Holdings, Inc. * | 3,314 | 29,096 |
Corcept Therapeutics, Inc. * | 38,291 | 862,696 |
CorMedix, Inc. * | 22,604 | 111,664 |
Crinetics Pharmaceuticals, Inc. * | 18,689 | 365,183 |
CRISPR Therapeutics AG * | 33,295 | 1,629,457 |
CryoPort, Inc. * | 20,286 | 426,817 |
CTI BioPharma Corp. * | 45,915 | 223,147 |
Cue Biopharma, Inc. * | 26,084 | 112,944 |
Cullinan Oncology, Inc. * | 10,191 | 99,158 |
Curis, Inc. * | 57,090 | 49,097 |
Cymabay Therapeutics, Inc. * | 38,480 | 414,045 |
Cytek Biosciences, Inc. * | 33,714 | 387,037 |
Cytokinetics, Inc. * | 39,854 | 1,490,540 |
CytomX Therapeutics, Inc. * | 24,817 | 40,452 |
Danaher Corp. | 278,927 | 66,080,596 |
Dare Bioscience, Inc. * | 30,532 | 30,532 |
Day One Biopharmaceuticals, Inc. * | 11,713 | 145,241 |
Decibel Therapeutics, Inc. * | 2,292 | 7,380 |
Deciphera Pharmaceuticals, Inc. * | 24,491 | 348,017 |
Denali Therapeutics, Inc. * | 46,535 | 1,155,929 |
DermTech, Inc. *(a) | 11,512 | 34,939 |
Design Therapeutics, Inc. *(a) | 12,455 | 80,335 |
DICE Therapeutics, Inc. * | 14,870 | 483,275 |
Disc Medicine, Inc. * | 1,536 | 50,273 |
Durect Corp. * | 11,344 | 47,645 |
Dynavax Technologies Corp. * | 51,410 | 535,178 |
Dyne Therapeutics, Inc. * | 10,151 | 105,164 |
Eagle Pharmaceuticals, Inc. * | 4,393 | 123,355 |
Edgewise Therapeutics, Inc. * | 18,744 | 164,385 |
Editas Medicine, Inc. * | 29,920 | 244,147 |
Elanco Animal Health, Inc. * | 190,763 | 1,806,526 |
Eledon Pharmaceuticals, Inc. * | 14,987 | 31,473 |
Eli Lilly & Co. | 335,947 | 132,987,979 |
Emergent BioSolutions, Inc. * | 18,800 | 166,004 |
Enanta Pharmaceuticals, Inc. * | 8,668 | 308,147 |
Enliven Therapeutics, Inc. * | 1,345 | 25,604 |
Entrada Therapeutics, Inc. * | 7,643 | 89,500 |
EQRx, Inc. * | 106,931 | 179,644 |
Erasca, Inc. * | 37,301 | 102,951 |
Esperion Therapeutics, Inc. * | 31,738 | 41,894 |
Eton Pharmaceuticals, Inc. * | 13,239 | 48,058 |
Evolus, Inc. * | 17,279 | 151,018 |
Exact Sciences Corp. * | 75,612 | 4,844,461 |
Exelixis, Inc. * | 137,505 | 2,516,341 |
Eyenovia Inc. * | 12,362 | 65,766 |
EyePoint Pharmaceuticals, Inc. * | 11,679 | 73,344 |
Fate Therapeutics, Inc. * | 40,185 | 243,923 |
FibroGen, Inc. * | 37,380 | 639,946 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Finch Therapeutics Group, Inc. * | 18,783 | 7,573 |
Foghorn Therapeutics, Inc. * | 8,974 | 58,510 |
Fortress Biotech, Inc. * | 29,965 | 22,983 |
Frequency Therapeutics, Inc. * | 23,364 | 9,318 |
Fulcrum Therapeutics, Inc. * | 24,485 | 61,213 |
Galectin Therapeutics, Inc. * | 17,413 | 30,647 |
Genelux Corp. * | 2,000 | 48,380 |
Genprex, Inc. *(a) | 29,742 | 24,329 |
Geron Corp. * | 163,157 | 401,366 |
Gilead Sciences, Inc. | 531,740 | 43,714,345 |
GlycoMimetics, Inc. * | 22,361 | 31,305 |
Graphite Bio, Inc. * | 17,740 | 56,591 |
Greenwich Lifesciences, Inc. * | 2,671 | 28,606 |
Gritstone bio, Inc. * | 34,009 | 80,941 |
Halozyme Therapeutics, Inc. * | 57,623 | 1,851,427 |
Harmony Biosciences Holdings, Inc. * | 12,379 | 399,099 |
Harrow Health, Inc. * | 12,577 | 317,318 |
Harvard Bioscience, Inc. * | 14,274 | 81,647 |
Hepion Pharmaceuticals, Inc. * | 31,535 | 21,933 |
HilleVax, Inc. * | 5,558 | 77,812 |
Homology Medicines, Inc. * | 21,971 | 20,872 |
Hookipa Pharma, Inc. * | 36,285 | 36,285 |
Horizon Therapeutics plc * | 96,879 | 10,769,070 |
Humacyte, Inc. * | 22,996 | 74,507 |
Icosavax, Inc. * | 8,894 | 49,006 |
Ideaya Biosciences, Inc. * | 18,036 | 329,337 |
IGM Biosciences, Inc. *(a) | 4,577 | 49,569 |
Ikena Oncology, Inc. * | 12,066 | 66,122 |
Illumina, Inc. * | 67,379 | 13,850,427 |
Immuneering Corp., Class A * | 8,677 | 95,273 |
Immunic, Inc. * | 25,000 | 41,500 |
ImmunityBio, Inc. *(a) | 46,639 | 130,589 |
ImmunoGen, Inc. * | 86,212 | 464,683 |
Immunome, Inc. * | 7,511 | 36,053 |
Immunovant, Inc. * | 23,486 | 379,064 |
Impel Pharmaceuticals, Inc. *(a) | 6,722 | 12,100 |
Incyte Corp. * | 78,893 | 5,870,428 |
Inhibrx, Inc. * | 13,459 | 282,639 |
Inmune Bio, Inc. *(a) | 5,159 | 37,403 |
Innoviva, Inc. * | 27,637 | 324,182 |
Inotiv, Inc. * | 6,479 | 35,894 |
Inozyme Pharma, Inc. * | 16,549 | 91,185 |
Insmed, Inc. * | 57,651 | 1,124,194 |
Intellia Therapeutics, Inc. * | 35,097 | 1,324,912 |
Intercept Pharmaceuticals, Inc. * | 16,133 | 279,424 |
Intra-Cellular Therapies, Inc. * | 37,679 | 2,341,750 |
Invivyd, Inc. * | 24,069 | 26,476 |
Ionis Pharmaceuticals, Inc. * | 60,814 | 2,150,991 |
Iovance Biotherapeutics, Inc. * | 61,757 | 348,309 |
IQVIA Holdings, Inc. * | 79,001 | 14,870,358 |
Ironwood Pharmaceuticals, Inc. * | 56,987 | 593,235 |
iTeos Therapeutics, Inc. * | 10,503 | 144,311 |
IVERIC bio, Inc. * | 55,672 | 1,831,052 |
Janux Therapeutics, Inc. * | 6,583 | 100,852 |
Jasper Therapeutics, Inc. * | 36,899 | 49,076 |
Jazz Pharmaceuticals plc * | 26,735 | 3,755,465 |
Johnson & Johnson | 1,113,391 | 182,261,944 |
KalVista Pharmaceuticals, Inc. * | 8,852 | 75,508 |
Karuna Therapeutics, Inc. * | 12,678 | 2,515,822 |
Karyopharm Therapeutics, Inc. * | 45,434 | 162,654 |
KemPharm, Inc. *(a) | 11,139 | 60,151 |
Keros Therapeutics, Inc. * | 7,120 | 315,808 |
Kezar Life Sciences, Inc. * | 22,737 | 55,251 |
Kineta, Inc. | 8,000 | 31,760 |
Kiniksa Pharmaceuticals Ltd., Class A * | 12,806 | 137,664 |
Kodiak Sciences, Inc. * | 15,730 | 68,897 |
Kronos Bio, Inc. * | 16,500 | 27,225 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Krystal Biotech, Inc. * | 9,102 | 764,568 |
Kura Oncology, Inc. * | 27,728 | 270,071 |
Kymera Therapeutics, Inc. * | 16,569 | 522,586 |
Lantern Pharma, Inc. * | 7,617 | 36,714 |
Larimar Therapeutics, Inc. * | 15,137 | 71,598 |
Leap Therapeutics, Inc. * | 32,000 | 12,522 |
Lexicon Pharmaceuticals, Inc. * | 46,637 | 111,462 |
Ligand Pharmaceuticals, Inc. * | 7,087 | 541,092 |
Lineage Cell Therapeutics, Inc. * | 68,183 | 92,729 |
Lipocine, Inc. * | 50,000 | 13,000 |
Liquidia Corp. * | 20,793 | 139,521 |
Longboard Pharmaceuticals, Inc. * | 7,324 | 60,643 |
Lyell Immunopharma, Inc. * | 61,098 | 124,029 |
Lyra Therapeutics, Inc. * | 9,060 | 21,744 |
MacroGenics, Inc. * | 24,123 | 166,207 |
Madrigal Pharmaceuticals, Inc. * | 5,186 | 1,618,032 |
Magenta Therapeutics, Inc. * | 27,369 | 21,444 |
Mallinckrodt plc * | 7,134 | 41,663 |
MannKind Corp. * | 113,573 | 437,256 |
Maravai LifeSciences Holdings, Inc., Class A * | 45,585 | 628,617 |
Marinus Pharmaceuticals, Inc. * | 19,569 | 178,078 |
Matinas BioPharma Holdings, Inc. * | 78,387 | 44,759 |
MaxCyte, Inc. * | 38,683 | 193,415 |
MediciNova, Inc. * | 17,843 | 37,649 |
Medpace Holdings, Inc. * | 10,619 | 2,125,287 |
Merck & Co., Inc. | 1,079,768 | 124,680,811 |
Merrimack Pharmaceuticals, Inc. * | 5,681 | 70,501 |
Mersana Therapeutics, Inc. * | 38,382 | 168,113 |
Mettler-Toledo International, Inc. * | 9,421 | 14,051,421 |
MiMedx Group, Inc. * | 51,298 | 196,471 |
Mind Medicine MindMed, Inc. * | 18,372 | 70,181 |
Mineralys Therapeutics, Inc. * | 5,051 | 67,936 |
MiNK Therapeutics, Inc. * | 1,744 | 3,122 |
Mirati Therapeutics, Inc. * | 22,397 | 992,411 |
Miromatrix Medical, Inc. * | 11,036 | 13,464 |
Mirum Pharmaceuticals, Inc. * | 10,568 | 283,751 |
Moderna, Inc. * | 141,002 | 18,737,756 |
Moleculin Biotech, Inc. * | 5,479 | 4,094 |
Monte Rosa Therapeutics, Inc. * | 13,679 | 62,103 |
Morphic Holding, Inc. * | 12,883 | 608,851 |
MyMD Pharmaceuticals, Inc. *(a) | 13,965 | 25,277 |
Myriad Genetics, Inc. * | 34,998 | 745,107 |
NanoString Technologies, Inc. * | 18,579 | 182,074 |
Natera, Inc. * | 46,166 | 2,341,540 |
Nautilus Biotechnology, Inc. * | 22,256 | 57,420 |
Neubase Therapeutics, Inc. * | 29,716 | 4,012 |
Neurocrine Biosciences, Inc. * | 41,996 | 4,243,276 |
NextCure, Inc. * | 10,000 | 15,100 |
NGM Biopharmaceuticals, Inc. * | 15,070 | 67,966 |
Nkarta, Inc. * | 14,673 | 72,631 |
Novan, Inc. * | 17,180 | 21,303 |
Novavax, Inc. *(a) | 37,078 | 284,388 |
NRX Pharmaceuticals, Inc. * | 43,732 | 25,417 |
Nurix Therapeutics, Inc. * | 21,112 | 203,309 |
Nuvalent, Inc., Class A * | 11,495 | 406,808 |
Nuvation Bio, Inc. * | 52,407 | 84,375 |
Ocugen, Inc. * | 92,871 | 66,273 |
Ocular Therapeutix, Inc. * | 31,066 | 192,609 |
Ocuphire Pharma, Inc. * | 5,599 | 28,723 |
Olema Pharmaceuticals, Inc. * | 18,580 | 88,998 |
Omega Therapeutics, Inc. * | 9,399 | 71,996 |
Omeros Corp. *(a) | 31,774 | 184,289 |
OmniAb, Inc. * | 48,133 | 167,503 |
Oncocyte Corp. * | 62,284 | 17,066 |
Oncternal Therapeutics, Inc. * | 32,249 | 9,884 |
Optinose, Inc. * | 36,174 | 61,858 |
Oragenics, Inc. * | 1,679 | 4,703 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Organogenesis Holdings, Inc. * | 38,226 | 78,363 |
Organon & Co. | 108,433 | 2,670,705 |
Orgenesis, Inc. * | 9,467 | 10,414 |
ORIC Pharmaceuticals, Inc. * | 16,653 | 86,096 |
Osmotica Pharmaceuticals plc *(a) | 13,322 | 11,591 |
Outlook Therapeutics, Inc. *(a) | 62,495 | 65,620 |
Ovid therapeutics, Inc. * | 35,638 | 127,584 |
Pacific Biosciences of California, Inc. * | 99,022 | 1,049,633 |
Pacira BioSciences, Inc. * | 19,757 | 895,190 |
Palatin Technologies, Inc. * | 5,171 | 11,790 |
Paratek Pharmaceuticals, Inc. * | 17,405 | 27,674 |
Passage Bio, Inc. * | 7,891 | 8,207 |
PDS Biotechnology Corp. * | 13,278 | 80,730 |
PepGen, Inc. * | 4,814 | 72,643 |
PerkinElmer, Inc. | 53,804 | 7,020,884 |
Perrigo Co., plc | 57,008 | 2,120,128 |
Personalis, Inc. * | 22,941 | 52,305 |
Perspective Therapeutics, Inc. * | 116,009 | 72,204 |
Pfizer, Inc. | 2,389,901 | 92,943,250 |
PharmaCyte Biotech, Inc. * | 5,947 | 17,365 |
Phathom Pharmaceuticals, Inc. *(a) | 11,258 | 120,461 |
Phibro Animal Health Corp., Class A | 8,185 | 127,359 |
Pieris Pharmaceuticals, Inc. * | 35,732 | 26,999 |
Pliant Therapeutics, Inc. * | 17,738 | 501,098 |
PMV Pharmaceuticals, Inc. * | 14,570 | 67,168 |
Point Biopharma Global, Inc. * | 33,543 | 259,623 |
Poseida Therapeutics, Inc. * | 19,911 | 52,565 |
Praxis Precision Medicines, Inc. * | 21,152 | 21,998 |
Precigen, Inc. * | 67,713 | 81,933 |
Precision BioSciences, Inc. * | 51,273 | 43,069 |
Prelude Therapeutics, Inc. * | 7,515 | 48,547 |
Prestige Consumer Healthcare, Inc. * | 20,919 | 1,287,146 |
Prime Medicine, Inc. *(a) | 4,291 | 59,087 |
ProKidney Corp. * | 4,137 | 39,053 |
Prometheus Biosciences, Inc. * | 14,632 | 2,837,876 |
ProPhase Labs, Inc. (a) | 5,896 | 44,220 |
Protagonist Therapeutics, Inc. * | 19,722 | 445,717 |
Prothena Corp. plc * | 16,613 | 874,176 |
PTC Therapeutics, Inc. * | 30,514 | 1,682,542 |
Puma Biotechnology, Inc. * | 19,453 | 52,134 |
Pyxis Oncology, Inc. *(a) | 17,739 | 52,330 |
Quanterix Corp. * | 14,993 | 189,512 |
Quantum-Si, Inc. * | 32,018 | 47,066 |
Quince Therapeutics, Inc. * | 11,013 | 16,850 |
Rain Oncology, Inc. * | 6,860 | 48,226 |
Rallybio Corp. * | 11,342 | 61,133 |
Rani Therapeutics Holdings, Inc., Class A * | 2,793 | 13,127 |
Rapid Micro Biosystems, Inc., Class A * | 6,797 | 6,594 |
RAPT Therapeutics, Inc. * | 10,996 | 200,127 |
Reata Pharmaceuticals, Inc., Class A * | 11,755 | 1,162,099 |
Recursion Pharmaceuticals, Inc., Class A * | 55,755 | 265,951 |
Regeneron Pharmaceuticals, Inc. * | 45,852 | 36,763,675 |
REGENXBIO, Inc. * | 16,406 | 317,620 |
Regulus Therapeutics, Inc. * | 9,113 | 12,120 |
Relay Therapeutics, Inc. * | 38,801 | 441,167 |
Relmada Therapeutics, Inc. * | 12,505 | 31,513 |
Reneo Pharmaceuticals, Inc. * | 7,425 | 75,884 |
Repligen Corp. * | 21,904 | 3,321,304 |
Replimune Group, Inc. * | 15,469 | 258,796 |
Revance Therapeutics, Inc. * | 35,421 | 1,127,450 |
Reviva Pharmaceuticals Holdings, Inc. *(a) | 4,892 | 33,510 |
REVOLUTION Medicines, Inc. * | 37,701 | 885,596 |
Rezolute, Inc. * | 13,757 | 28,683 |
Rhythm Pharmaceuticals, Inc. * | 18,665 | 376,473 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Rigel Pharmaceuticals, Inc. * | 65,618 | 74,148 |
Rocket Pharmaceuticals, Inc. * | 24,794 | 444,308 |
Roivant Sciences Ltd. * | 48,823 | 417,437 |
Royalty Pharma plc, Class A | 157,437 | 5,533,911 |
SAB Biotherapeutics, Inc. * | 16,238 | 14,587 |
Sage Therapeutics, Inc. * | 21,863 | 1,068,008 |
Sangamo Therapeutics, Inc. * | 57,765 | 84,915 |
Sarepta Therapeutics, Inc. * | 37,335 | 4,583,618 |
Satsuma Pharmaceuticals, Inc. * | 5,234 | 5,548 |
Savara, Inc. * | 27,539 | 51,773 |
Scholar Rock Holding Corp. * | 13,870 | 88,768 |
Scilex Holding Co. *(c) | 30,357 | 200,219 |
scPharmaceuticals, Inc. *(a) | 7,807 | 76,977 |
SCYNEXIS, Inc. * | 8,875 | 27,956 |
Seagen, Inc. * | 58,477 | 11,695,400 |
Seelos Therapeutics, Inc. * | 39,148 | 27,016 |
Selecta Biosciences, Inc. * | 59,796 | 71,157 |
SELLAS Life Sciences Group, Inc. * | 16,238 | 22,814 |
Sera Prognostics, Inc., Class A * | 12,000 | 40,200 |
Seres Therapeutics, Inc. * | 40,525 | 197,559 |
Shattuck Labs, Inc. * | 20,881 | 62,643 |
SIGA Technologies, Inc. | 17,097 | 99,676 |
Singular Genomics Systems, Inc. * | 23,488 | 23,253 |
Societal CDMO, Inc. * | 37,047 | 27,052 |
Solid Biosciences, Inc. * | 10,000 | 48,800 |
SomaLogic, Inc. * | 61,519 | 172,253 |
Sotera Health Co. * | 41,175 | 690,505 |
Spectrum Pharmaceuticals, Inc. * | 82,687 | 80,620 |
Spero Therapeutics, Inc. * | 28,565 | 50,560 |
SpringWorks Therapeutics, Inc. * | 19,223 | 449,434 |
Standard BioTools, Inc. * | 31,192 | 53,026 |
Stoke Therapeutics, Inc. * | 9,846 | 87,531 |
Summit Therapeutics, Inc. * | 14,581 | 19,247 |
Supernus Pharmaceuticals, Inc. * | 23,188 | 854,710 |
Sutro Biopharma, Inc. * | 23,381 | 99,603 |
Synaptogenix, Inc. * | 4,572 | 4,069 |
Syndax Pharmaceuticals, Inc. * | 27,103 | 556,967 |
Syneos Health, Inc. * | 43,499 | 1,707,771 |
Synlogic, Inc. * | 25,000 | 13,250 |
Synthetic Biologics, Inc. * | 13,566 | 8,547 |
Syros Pharmaceuticals, Inc. * | 4,670 | 14,851 |
Tango Therapeutics, Inc. * | 18,079 | 61,469 |
Tarsus Pharmaceuticals, Inc. * | 8,807 | 131,400 |
Taysha Gene Therapies, Inc. * | 16,140 | 12,509 |
TCR2 Therapeutics, Inc. * | 22,638 | 39,956 |
Tenaya Therapeutics, Inc. * | 14,896 | 79,172 |
Terns Pharmaceuticals, Inc. * | 13,711 | 178,929 |
TG Therapeutics, Inc. * | 58,854 | 1,461,345 |
TherapeuticsMD, Inc. * | 7,060 | 24,992 |
Theravance Biopharma, Inc. * | 24,661 | 267,079 |
Thermo Fisher Scientific, Inc. | 167,021 | 92,679,953 |
Theseus Pharmaceuticals, Inc. * | 6,000 | 61,440 |
Third Harmonic Bio, Inc. *(a) | 5,232 | 23,701 |
Tracon Pharmaceuticals, Inc. * | 22,638 | 17,861 |
Travere Therapeutics, Inc. * | 27,383 | 590,651 |
Trevi Therapeutics, Inc. * | 12,557 | 43,196 |
Twist Bioscience Corp. * | 25,495 | 318,178 |
Tyra Biosciences, Inc. * | 6,880 | 97,490 |
Ultragenyx Pharmaceutical, Inc. * | 29,639 | 1,294,335 |
uniQure N.V. * | 18,083 | 350,991 |
United Therapeutics Corp. * | 19,335 | 4,449,564 |
UNITY Biotechnology, Inc. * | 4,595 | 9,833 |
Vanda Pharmaceuticals, Inc. * | 24,287 | 149,122 |
Vaxart, Inc. * | 62,335 | 50,710 |
Vaxcyte, Inc. * | 31,492 | 1,348,802 |
Vaxxinity, Inc., Class A * | 22,917 | 48,813 |
VBI Vaccines, Inc. * | 3,180 | 9,127 |
Ventyx Biosciences, Inc. * | 11,710 | 440,296 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Vera Therapeutics, Inc. * | 12,309 | 81,855 |
Veracyte, Inc. * | 30,348 | 687,079 |
Verastem, Inc. * | 85,909 | 33,556 |
Vericel Corp. * | 20,027 | 631,051 |
Verrica Pharmaceuticals, Inc. *(a) | 7,637 | 47,120 |
Vertex Pharmaceuticals, Inc. * | 109,731 | 37,388,644 |
Verve Therapeutics, Inc. * | 18,886 | 300,854 |
Viatris, Inc. | 514,198 | 4,797,467 |
Vigil Neuroscience, Inc. * | 5,235 | 45,545 |
Viking Therapeutics, Inc. * | 36,668 | 781,395 |
Vir Biotechnology, Inc. * | 32,199 | 809,805 |
Viracta Therapeutics, Inc. * | 12,430 | 16,035 |
Viridian Therapeutics, Inc. * | 16,998 | 476,454 |
Vor BioPharma, Inc. * | 17,792 | 79,174 |
Voyager Therapeutics, Inc. * | 12,446 | 90,233 |
Waters Corp. * | 25,257 | 7,586,193 |
WaVe Life Sciences Ltd. * | 29,975 | 119,600 |
Werewolf Therapeutics, Inc. * | 6,982 | 16,547 |
West Pharmaceutical Services, Inc. | 31,482 | 11,372,558 |
X4 Pharmaceuticals, Inc. * | 42,386 | 62,307 |
XBiotech, Inc. * | 10,477 | 36,041 |
Xencor, Inc. * | 25,852 | 683,527 |
Xeris Biopharma Holdings, Inc. * | 74,221 | 167,739 |
XOMA Corp. * | 2,843 | 52,283 |
Zentalis Pharmaceuticals, Inc. * | 19,706 | 434,123 |
Zoetis, Inc. | 198,993 | 34,978,990 |
Zynerba Pharmaceuticals, Inc. * | 37,596 | 14,437 |
1,434,634,860 | ||
Real Estate Management & Development 0.2% | ||
Altisource Asset Management Corp. * | 541 | 44,908 |
Altisource Portfolio Solutions S.A. * | 2,202 | 8,235 |
Anywhere Real Estate, Inc. * | 48,041 | 306,021 |
CBRE Group, Inc., Class A * | 134,247 | 10,291,375 |
Compass, Inc., Class A * | 110,080 | 257,587 |
Cushman & Wakefield plc * | 70,899 | 698,355 |
DigitalBridge Group, Inc. | 61,036 | 758,678 |
Doma Holdings, Inc. * | 37,533 | 16,139 |
Douglas Elliman, Inc. | 26,736 | 85,288 |
eXp World Holdings, Inc. | 31,554 | 368,866 |
Fathom Holdings, Inc. * | 8,250 | 40,425 |
Forestar Group, Inc. * | 6,845 | 132,382 |
FRP Holdings, Inc. * | 2,978 | 172,724 |
Jones Lang LaSalle, Inc. * | 20,115 | 2,796,790 |
Kennedy-Wilson Holdings, Inc. | 49,747 | 834,755 |
Marcus & Millichap, Inc. | 11,216 | 352,968 |
Maui Land & Pineapple Co., Inc. * | 3,498 | 43,690 |
Newmark Group, Inc., Class A | 53,804 | 341,117 |
Opendoor Technologies, Inc. * | 209,386 | 288,953 |
Rafael Holdings, Inc., Class B * | 16,601 | 34,862 |
RE/MAX Holdings, Inc., Class A | 8,912 | 172,091 |
Redfin Corp. * | 46,168 | 343,952 |
Seritage Growth Properties, Class A * | 16,651 | 124,716 |
Stratus Properties, Inc. | 3,398 | 72,717 |
Tejon Ranch Co. * | 11,108 | 191,946 |
The Howard Hughes Corp. * | 14,571 | 1,127,358 |
The RMR Group, Inc., Class A | 6,145 | 145,944 |
The St. Joe Co. | 14,358 | 590,114 |
Trinity Place Holdings, Inc. * | 31,763 | 9,688 |
Zillow Group, Inc., Class A * | 25,171 | 1,076,815 |
Zillow Group, Inc., Class C * | 69,016 | 3,004,957 |
24,734,416 | ||
Semiconductors & Semiconductor Equipment 5.5% | ||
ACM Research, Inc., Class A * | 17,500 | 163,625 |
Advanced Micro Devices, Inc. * | 686,928 | 61,390,755 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Aehr Test Systems * | 11,116 | 275,121 |
Allegro MicroSystems, Inc. * | 27,571 | 986,215 |
Alpha & Omega Semiconductor Ltd. * | 9,994 | 238,657 |
Ambarella, Inc. * | 15,725 | 974,636 |
Amkor Technology, Inc. | 42,423 | 949,003 |
Amtech Systems, Inc. * | 6,347 | 54,775 |
Analog Devices, Inc. | 215,538 | 38,770,975 |
Applied Materials, Inc. | 358,891 | 40,565,450 |
Atomera, Inc. *(a) | 8,289 | 65,483 |
Axcelis Technologies, Inc. * | 13,895 | 1,643,779 |
AXT, Inc. * | 15,887 | 42,418 |
Broadcom, Inc. | 177,836 | 111,414,254 |
CEVA, Inc. * | 10,247 | 257,507 |
Cirrus Logic, Inc. * | 24,115 | 2,068,826 |
Cohu, Inc. * | 20,399 | 690,302 |
Credo Technology Group Holding Ltd. * | 37,719 | 305,901 |
CVD Equipment Corp. * | 3,009 | 30,872 |
Diodes, Inc. * | 19,261 | 1,535,102 |
eMagin Corp. * | 31,609 | 52,155 |
Enphase Energy, Inc. * | 57,768 | 9,485,506 |
Entegris, Inc. | 63,318 | 4,743,785 |
Everspin Technologies, Inc. * | 4,499 | 27,984 |
First Solar, Inc. * | 42,141 | 7,694,104 |
FormFactor, Inc. * | 33,137 | 904,971 |
Ichor Holdings Ltd. * | 12,049 | 335,565 |
Impinj, Inc. * | 9,096 | 804,177 |
indie Semiconductor, Inc., Class A * | 28,439 | 215,283 |
Intel Corp. | 1,761,789 | 54,721,166 |
inTEST Corp. * | 4,591 | 87,229 |
KLA Corp. | 58,936 | 22,781,121 |
Kopin Corp. * | 40,189 | 41,797 |
Kulicke & Soffa Industries, Inc. | 24,079 | 1,147,605 |
Lam Research Corp. | 57,475 | 30,121,498 |
Lattice Semiconductor Corp. * | 58,401 | 4,654,560 |
MACOM Technology Solutions Holdings, Inc. * | 21,873 | 1,276,071 |
Marvell Technology, Inc. | 365,412 | 14,426,466 |
MaxLinear, Inc. * | 30,465 | 735,120 |
Meta Materials, Inc. * | 140,142 | 25,814 |
Microchip Technology, Inc. | 233,474 | 17,041,267 |
Micron Technology, Inc. | 464,679 | 29,906,740 |
MKS Instruments, Inc. | 24,371 | 2,043,996 |
Monolithic Power Systems, Inc. | 19,004 | 8,779,278 |
Navitas Semiconductor Corp. * | 34,387 | 183,283 |
NVE Corp. | 1,912 | 144,184 |
NVIDIA Corp. | 1,047,699 | 290,725,996 |
NXP Semiconductors N.V. | 110,609 | 18,111,118 |
ON Semiconductor Corp. * | 184,793 | 13,297,704 |
Onto Innovation, Inc. * | 20,965 | 1,697,746 |
PDF Solutions, Inc. * | 12,456 | 449,039 |
Photronics, Inc. * | 25,270 | 365,404 |
Pixelworks, Inc. * | 21,959 | 30,962 |
Power Integrations, Inc. | 25,193 | 1,833,547 |
Qorvo, Inc. * | 42,537 | 3,916,807 |
QUALCOMM, Inc. | 474,544 | 55,426,739 |
QuickLogic Corp. * | 7,578 | 41,300 |
Rambus, Inc. * | 45,844 | 2,032,723 |
Rigetti Computing, Inc., Class A * | 30,086 | 14,140 |
Semtech Corp. * | 27,200 | 530,128 |
Silicon Laboratories, Inc. * | 13,554 | 1,888,072 |
SiTime Corp. * | 6,907 | 749,202 |
SkyWater Technology, Inc. * | 2,749 | 24,851 |
Skyworks Solutions, Inc. | 67,579 | 7,156,616 |
SMART Global Holdings, Inc. * | 20,089 | 309,772 |
SolarEdge Technologies, Inc. * | 23,753 | 6,784,569 |
Synaptics, Inc. * | 16,813 | 1,488,959 |
Teradyne, Inc. | 66,163 | 6,045,975 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Texas Instruments, Inc. | 385,466 | 64,449,915 |
Transphorm, Inc. * | 11,592 | 35,587 |
Ultra Clean Holdings, Inc. * | 19,787 | 564,721 |
Universal Display Corp. | 18,509 | 2,470,211 |
Veeco Instruments, Inc. * | 21,581 | 397,522 |
Wolfspeed, Inc. * | 52,726 | 2,454,395 |
958,098,101 | ||
Software & Services 10.7% | ||
8x8, Inc. * | 46,219 | 132,649 |
A10 Networks, Inc. | 27,651 | 390,985 |
Accenture plc, Class A | 267,973 | 75,110,152 |
ACI Worldwide, Inc. * | 48,087 | 1,218,044 |
Adeia, Inc. | 43,468 | 332,096 |
Adobe, Inc. * | 194,932 | 73,598,526 |
AgileThought, Inc. * | 8,500 | 13,175 |
Agilysys, Inc. * | 8,573 | 669,037 |
Akamai Technologies, Inc. * | 67,364 | 5,521,827 |
Alarm.com Holdings, Inc. * | 21,054 | 1,004,065 |
Alkami Technology, Inc. * | 15,859 | 190,149 |
Altair Engineering, Inc., Class A * | 22,061 | 1,523,312 |
Alteryx, Inc., Class A * | 26,409 | 1,086,202 |
American Software, Inc., Class A | 13,798 | 164,748 |
Amplitude, Inc., Class A * | 21,750 | 246,862 |
ANSYS, Inc. * | 37,361 | 11,728,365 |
Appfolio, Inc., Class A * | 8,055 | 1,124,639 |
Appian Corp., Class A * | 17,792 | 668,090 |
AppLovin Corp., Class A * | 53,153 | 903,601 |
Arteris, Inc. * | 9,920 | 36,902 |
Asana, Inc., Class A * | 32,930 | 532,807 |
Aspen Technology, Inc. * | 12,363 | 2,188,251 |
Atlassian Corp., Class A * | 63,801 | 9,420,856 |
AudioEye, Inc. * | 4,308 | 26,150 |
Autodesk, Inc. * | 92,190 | 17,957,690 |
AvePoint, Inc. * | 34,675 | 150,489 |
Backblaze, Inc., Class A * | 5,377 | 22,368 |
Bentley Systems, Inc., Class B | 83,203 | 3,541,120 |
BigCommerce Holdings, Inc. * | 27,578 | 203,801 |
Bill.com Holdings, Inc. * | 40,925 | 3,143,449 |
Black Knight, Inc. * | 66,402 | 3,628,205 |
Blackbaud, Inc. * | 19,116 | 1,325,790 |
Blackline, Inc. * | 23,181 | 1,291,414 |
Blend Labs, Inc., Class A * | 73,956 | 43,789 |
Box, Inc., Class A * | 60,715 | 1,606,519 |
Braze, Inc., Class A * | 15,261 | 448,673 |
Brightcove, Inc. * | 15,409 | 63,793 |
C3.ai, Inc., Class A *(a) | 36,520 | 650,786 |
Cadence Design Systems, Inc. * | 116,956 | 24,496,434 |
Castellum, Inc. * | 34,318 | 35,004 |
CCC Intelligent Solutions Holdings, Inc. * | 44,273 | 384,290 |
Cerence, Inc. * | 17,854 | 456,170 |
Cipher Mining, Inc. *(a) | 16,000 | 36,960 |
Cleanspark, Inc. * | 42,908 | 167,770 |
Clear Secure, Inc., Class A | 33,017 | 798,681 |
Clearwater Analytics Holdings, Inc., Class A * | 27,926 | 430,340 |
Cloudflare, Inc., Class A * | 121,802 | 5,730,784 |
Cognizant Technology Solutions Corp., Class A | 217,168 | 12,967,101 |
CommVault Systems, Inc. * | 18,615 | 1,084,696 |
Computer Task Group, Inc. * | 7,864 | 53,239 |
Confluent, Inc., Class A * | 65,393 | 1,438,646 |
Consensus Cloud Solutions, Inc. * | 7,116 | 265,640 |
CoreCard Corp. * | 2,218 | 57,136 |
Couchbase, Inc. * | 10,823 | 166,241 |
Crowdstrike Holdings, Inc., Class A * | 92,852 | 11,146,883 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
CS Disco, Inc. * | 8,360 | 49,157 |
Cvent Holding Corp. * | 28,902 | 243,066 |
Cyxtera Technologies, Inc. * | 25,255 | 8,213 |
Datadog, Inc., Class A * | 105,704 | 7,122,336 |
DecisionPoint Systems, Inc. * | 4,188 | 29,442 |
Digimarc Corp. * | 5,752 | 98,014 |
Digital Turbine, Inc. * | 39,598 | 464,485 |
DigitalOcean Holdings, Inc. * | 26,157 | 824,992 |
DocuSign, Inc. * | 85,750 | 4,239,480 |
Dolby Laboratories, Inc., Class A | 25,298 | 2,117,190 |
Domo, Inc., Class B * | 14,774 | 234,611 |
DoubleVerify Holdings, Inc. * | 37,121 | 1,092,100 |
Dropbox, Inc., Class A * | 114,020 | 2,319,167 |
D-Wave Quantum, Inc. * | 23,310 | 11,590 |
DXC Technology Co. * | 96,514 | 2,301,859 |
Dynatrace, Inc. * | 92,508 | 3,911,238 |
E2open Parent Holdings, Inc. * | 73,998 | 465,447 |
Ebix, Inc. | 10,319 | 167,787 |
Edgio, Inc. * | 50,335 | 33,271 |
eGain Corp. * | 7,634 | 56,034 |
Elastic N.V. * | 33,085 | 1,894,116 |
Embark Technology, Inc. * | 13,001 | 35,233 |
Enfusion, Inc., Class A * | 7,152 | 59,934 |
EngageSmart, Inc. * | 12,468 | 214,076 |
Envestnet, Inc. * | 23,278 | 1,475,360 |
EPAM Systems, Inc. * | 24,707 | 6,978,245 |
Everbridge, Inc. * | 16,799 | 441,478 |
EverCommerce, Inc. * | 12,868 | 155,317 |
Expensify, Inc., Class A * | 18,547 | 140,772 |
Fair Isaac Corp. * | 10,673 | 7,769,410 |
Fastly, Inc., Class A * | 47,725 | 705,375 |
Five9, Inc. * | 30,098 | 1,951,554 |
ForgeRock, Inc., Class A * | 15,506 | 310,585 |
Fortinet, Inc. * | 277,084 | 17,470,146 |
Freshworks, Inc., Class A * | 67,902 | 907,171 |
Gartner, Inc. * | 33,552 | 10,148,138 |
Gen Digital, Inc. | 241,999 | 4,276,122 |
Gitlab, Inc., Class A * | 26,742 | 811,887 |
Glimpse Group, Inc. * | 9,276 | 38,124 |
GoDaddy, Inc., Class A * | 65,935 | 4,989,961 |
Grid Dynamics Holdings, Inc. * | 23,721 | 257,847 |
Guidewire Software, Inc. * | 34,871 | 2,656,821 |
HashiCorp, Inc., Class A * | 34,849 | 934,302 |
HubSpot, Inc. * | 20,646 | 8,690,934 |
Informatica, Inc., Class A * | 15,704 | 242,784 |
Information Services Group, Inc. | 16,112 | 82,010 |
Instructure Holdings, Inc. * | 7,414 | 196,693 |
Intapp, Inc. * | 6,482 | 261,354 |
InterDigital, Inc. | 11,361 | 769,594 |
International Business Machines Corp. | 384,453 | 48,598,704 |
Intrusion, Inc. * | 5,866 | 5,925 |
Intuit, Inc. | 119,811 | 53,190,093 |
Issuer Direct Corp. * | 1,318 | 24,815 |
Jamf Holding Corp. * | 19,093 | 361,240 |
Kaltura, Inc. * | 33,164 | 61,353 |
Kyndryl Holdings, Inc. * | 88,065 | 1,273,420 |
Latch, Inc. * | 74,875 | 59,136 |
LivePerson, Inc. * | 29,329 | 135,793 |
LiveRamp Holdings, Inc. * | 27,198 | 655,200 |
Manhattan Associates, Inc. * | 26,473 | 4,386,047 |
Marathon Digital Holdings, Inc. *(a) | 50,457 | 508,102 |
MariaDB PLC * | 13,835 | 17,155 |
Matterport, Inc. * | 91,473 | 213,132 |
MeridianLink, Inc. * | 8,842 | 132,099 |
Microsoft Corp. | 3,169,855 | 973,969,647 |
MicroStrategy, Inc., Class A * | 4,015 | 1,318,446 |
Mitek Systems, Inc. * | 18,641 | 168,142 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Model N, Inc. * | 14,577 | 448,972 |
Momentive Global, Inc. * | 55,763 | 523,615 |
MongoDB, Inc. * | 29,456 | 7,068,262 |
N-Able, Inc. * | 27,358 | 348,814 |
nCino, Inc. * | 33,092 | 818,365 |
NCR Corp. * | 59,085 | 1,317,005 |
New Relic, Inc. * | 24,928 | 1,781,604 |
NextNav, Inc. *(a) | 7,000 | 15,120 |
Nutanix, Inc., Class A * | 97,803 | 2,345,316 |
Okta, Inc. * | 64,960 | 4,451,709 |
Olo, Inc., Class A * | 44,208 | 302,825 |
OMNIQ Corp. * | 3,906 | 22,303 |
ON24, Inc. * | 17,135 | 149,075 |
OneSpan, Inc. * | 14,940 | 220,216 |
Oracle Corp. | 653,738 | 61,922,063 |
PagerDuty, Inc. * | 34,918 | 1,049,635 |
Palantir Technologies, Inc., Class A * | 748,978 | 5,804,579 |
Palo Alto Networks, Inc. * | 128,940 | 23,526,392 |
Park City Group, Inc. | 6,299 | 40,629 |
Pegasystems, Inc. | 17,857 | 814,636 |
Perficient, Inc. * | 14,822 | 962,244 |
PFSweb, Inc. | 6,123 | 24,614 |
Phunware, Inc. * | 55,482 | 33,162 |
Porch Group, Inc. * | 33,000 | 30,033 |
PowerSchool Holdings, Inc., Class A * | 16,828 | 351,369 |
Procore Technologies, Inc. * | 29,177 | 1,558,344 |
Progress Software Corp. | 18,097 | 993,163 |
PROS Holdings, Inc. * | 17,218 | 488,475 |
PTC, Inc. * | 45,588 | 5,734,515 |
Q2 Holdings, Inc. * | 25,051 | 616,756 |
Qualtrics International, Inc., Class A * | 48,251 | 865,140 |
Qualys, Inc. * | 14,754 | 1,666,317 |
Quantum Computing, Inc. * | 10,216 | 11,748 |
Rapid7, Inc. * | 25,271 | 1,228,423 |
Rekor Systems, Inc. * | 22,007 | 26,628 |
Rimini Street, Inc. * | 21,843 | 81,693 |
RingCentral, Inc., Class A * | 33,156 | 913,779 |
Riot Platforms, Inc. *(a) | 73,492 | 878,964 |
Roper Technologies, Inc. | 45,156 | 20,536,046 |
Salesforce, Inc. * | 425,945 | 84,494,710 |
Samsara, Inc., Class A * | 48,110 | 868,385 |
SecureWorks Corp., Class A * | 5,067 | 45,958 |
SEMrush Holdings, Inc., Class A * | 17,212 | 166,268 |
SentinelOne, Inc., Class A * | 93,662 | 1,505,148 |
ServiceNow, Inc. * | 86,524 | 39,750,856 |
ShotSpotter, Inc. * | 3,910 | 116,323 |
Smartsheet, Inc., Class A * | 55,794 | 2,280,301 |
Smith Micro Software, Inc. * | 24,721 | 28,676 |
Snowflake, Inc., Class A * | 122,327 | 18,114,182 |
SolarWinds Corp. * | 20,785 | 179,167 |
SoundHound AI, Inc., Class A *(a) | 45,830 | 121,908 |
Splunk, Inc. * | 64,022 | 5,521,257 |
Sprinklr, Inc., Class A * | 25,637 | 306,619 |
Sprout Social, Inc., Class A * | 20,057 | 988,008 |
SPS Commerce, Inc. * | 15,370 | 2,264,001 |
Squarespace, Inc., Class A * | 17,641 | 548,635 |
Sumo Logic, Inc. * | 46,233 | 554,796 |
Synchronoss Technologies, Inc. * | 37,860 | 33,468 |
Synopsys, Inc. * | 65,040 | 24,150,653 |
Tenable Holdings, Inc. * | 48,072 | 1,778,183 |
Teradata Corp. * | 43,028 | 1,665,614 |
The Hackett Group, Inc. | 9,720 | 180,403 |
Thoughtworks Holding, Inc. * | 27,607 | 171,992 |
Tucows, Inc., Class A * | 4,136 | 92,605 |
Twilio, Inc., Class A * | 74,347 | 3,911,396 |
Tyler Technologies, Inc. * | 17,704 | 6,710,347 |
UiPath, Inc., Class A * | 150,074 | 2,113,042 |
Unisys Corp. * | 28,890 | 92,737 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Unity Software, Inc. * | 103,382 | 2,788,213 |
Upland Software, Inc. * | 13,488 | 49,501 |
Varonis Systems, Inc. * | 45,659 | 1,057,462 |
Verint Systems, Inc. * | 27,662 | 1,009,386 |
VeriSign, Inc. * | 38,941 | 8,637,114 |
Veritone, Inc. * | 11,260 | 53,598 |
Vertex, Inc., Class A * | 15,520 | 320,488 |
Viant Technology, Inc., Class A * | 10,390 | 45,924 |
VirnetX Holding Corp. | 26,091 | 10,752 |
VMware, Inc., Class A * | 88,861 | 11,110,291 |
Weave Communications, Inc. * | 12,631 | 55,955 |
WM Technology, Inc. * | 40,927 | 29,664 |
Workday, Inc., Class A * | 86,465 | 16,094,595 |
Workiva, Inc. * | 19,457 | 1,817,673 |
Xperi, Inc. * | 17,036 | 161,672 |
Yext, Inc. * | 42,850 | 376,223 |
ZeroFox Holdings, Inc. * | 12,914 | 12,431 |
Zeta Global Holdings Corp., Class A * | 55,186 | 535,856 |
Zoom Video Communications, Inc., Class A * | 91,953 | 5,648,673 |
Zscaler, Inc. * | 36,211 | 3,262,611 |
Zuora, Inc., Class A * | 53,921 | 420,045 |
1,869,584,975 | ||
Technology Hardware & Equipment 8.0% | ||
908 Devices, Inc. * | 8,267 | 55,885 |
ADTRAN Holdings, Inc. | 29,034 | 264,790 |
Advanced Energy Industries, Inc. | 15,796 | 1,366,354 |
Aeva Technologies, Inc. * | 58,086 | 57,616 |
AEye, Inc. * | 68,009 | 13,520 |
Airgain, Inc. * | 7,096 | 41,654 |
Airspan Networks Holdings, Inc. * | 16,700 | 7,565 |
Akoustis Technologies, Inc. * | 28,099 | 80,082 |
Alpine 4 Holdings, Inc. * | 57,587 | 17,345 |
Amphenol Corp., Class A | 254,269 | 19,189,681 |
Apple Inc. | 6,333,747 | 1,074,710,191 |
Applied Optoelectronics, Inc. * | 9,729 | 18,874 |
Arista Networks, Inc. * | 105,920 | 16,964,147 |
Arlo Technologies, Inc. * | 36,675 | 236,187 |
Arrow Electronics, Inc. * | 24,679 | 2,824,018 |
AstroNova, Inc. * | 1,803 | 26,522 |
Aviat Networks, Inc. * | 4,936 | 161,950 |
Avid Technology, Inc. * | 14,380 | 424,354 |
Avnet, Inc. | 38,275 | 1,579,227 |
Badger Meter, Inc. | 12,477 | 1,651,081 |
Bel Fuse, Inc., Class A | 444 | 18,644 |
Bel Fuse, Inc., Class B | 4,185 | 170,037 |
Belden, Inc. | 18,105 | 1,428,303 |
Benchmark Electronics, Inc. | 14,875 | 317,581 |
Boxlight Corp., Class A * | 46,965 | 16,471 |
CalAmp Corp. * | 14,173 | 35,999 |
Calix, Inc. * | 24,264 | 1,108,865 |
Cambium Networks Corp. * | 4,047 | 61,272 |
Casa Systems, Inc. * | 13,736 | 17,170 |
CDW Corp. | 57,854 | 9,811,460 |
Cepton, Inc. * | 18,174 | 6,779 |
Ciena Corp. * | 64,840 | 2,985,234 |
Cisco Systems, Inc. | 1,747,905 | 82,588,511 |
Clearfield, Inc. * | 5,453 | 238,187 |
Coda Octopus Group, Inc. * | 4,868 | 38,895 |
Cognex Corp. | 73,802 | 3,519,617 |
Coherent Corp. * | 59,223 | 2,021,873 |
CommScope Holding Co., Inc. * | 88,343 | 435,531 |
Comtech Telecommunications Corp. | 11,741 | 121,519 |
Corning, Inc. | 326,663 | 10,851,745 |
Corsair Gaming, Inc. * | 17,044 | 296,906 |
CPI Card Group, Inc. * | 1,805 | 75,575 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
CTS Corp. | 13,417 | 526,081 |
Daktronics, Inc. * | 21,132 | 101,645 |
Dell Technologies, Inc., Class C | 102,809 | 4,471,163 |
Diebold Nixdorf, Inc. * | 31,345 | 25,292 |
Digi International, Inc. * | 15,032 | 453,365 |
DZS, Inc. * | 6,832 | 46,458 |
Eastman Kodak Co. * | 36,064 | 118,651 |
EMCORE Corp. * | 11,147 | 12,150 |
ePlus, Inc. * | 11,248 | 489,738 |
Evolv Technologies Holdings, Inc. * | 24,988 | 89,957 |
Extreme Networks, Inc. * | 55,202 | 981,492 |
F5, Inc. * | 25,593 | 3,438,676 |
Fabrinet * | 16,330 | 1,550,534 |
FARO Technologies, Inc. * | 8,279 | 193,315 |
Focus Universal, Inc. *(a) | 10,500 | 22,365 |
Frequency Electronics, Inc. | 4,719 | 30,721 |
Genasys, Inc. * | 20,918 | 61,708 |
Harmonic, Inc. * | 46,594 | 656,509 |
Hewlett Packard Enterprise Co. | 544,613 | 7,798,858 |
HP, Inc. | 366,862 | 10,899,470 |
Identiv, Inc. * | 8,288 | 45,584 |
Immersion Corp. | 13,101 | 86,336 |
Infinera Corp. * | 81,798 | 517,781 |
Insight Enterprises, Inc. * | 12,879 | 1,557,715 |
Intevac, Inc. * | 11,887 | 75,245 |
IonQ, Inc. * | 62,676 | 345,345 |
IPG Photonics Corp. * | 13,678 | 1,572,696 |
Iteris, Inc. * | 21,639 | 99,756 |
Itron, Inc. * | 19,092 | 1,019,513 |
Jabil, Inc. | 56,722 | 4,432,824 |
Juniper Networks, Inc. | 137,548 | 4,147,072 |
Key Tronic Corp. * | 4,943 | 33,860 |
Keysight Technologies, Inc. * | 75,799 | 10,963,567 |
Kimball Electronics, Inc. * | 10,963 | 220,685 |
Knowles Corp. * | 40,205 | 678,660 |
KVH Industries, Inc. * | 5,414 | 56,955 |
Lantronix, Inc. * | 11,128 | 40,951 |
Lightwave Logic, Inc. *(a) | 49,166 | 221,247 |
Littelfuse, Inc. | 10,479 | 2,538,433 |
Lumentum Holdings, Inc. * | 28,982 | 1,398,382 |
Luna Innovations, Inc. * | 11,699 | 73,470 |
Methode Electronics, Inc. | 15,172 | 621,900 |
MicroVision, Inc. *(a) | 80,418 | 160,836 |
MICT, Inc. * | 77,030 | 177,169 |
Mirion Technologies, Inc. * | 52,479 | 425,080 |
Motorola Solutions, Inc. | 71,374 | 20,798,384 |
Movano, Inc. * | 16,747 | 16,747 |
Napco Security Technologies, Inc. * | 12,442 | 385,702 |
National Instruments Corp. | 55,641 | 3,239,975 |
Neonode, Inc. * | 4,440 | 31,768 |
NetApp, Inc. | 91,596 | 5,760,472 |
NETGEAR, Inc. * | 13,065 | 184,608 |
NetScout Systems, Inc. * | 28,598 | 778,152 |
nLight, Inc. * | 20,404 | 178,943 |
Novanta, Inc. * | 15,750 | 2,407,230 |
Ondas Holdings, Inc. *(a) | 14,133 | 14,133 |
One Stop Systems, Inc. * | 12,911 | 31,503 |
OSI Systems, Inc. * | 6,538 | 738,532 |
Ouster, Inc. *(a) | 11,960 | 42,340 |
PAR Technology Corp. * | 12,016 | 367,569 |
PC Connection, Inc. | 4,459 | 179,564 |
PCTEL, Inc. | 8,960 | 42,650 |
Plexus Corp. * | 11,573 | 1,012,290 |
Powerfleet, Inc. * | 22,541 | 64,693 |
Presto Automation, Inc. * | 12,542 | 41,765 |
Pure Storage, Inc., Class A * | 121,305 | 2,769,393 |
Quantum Corp. * | 57,798 | 56,642 |
Red Cat Holdings, Inc. * | 18,398 | 16,282 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Research Frontiers, Inc. * | 21,870 | 34,992 |
RF Industries Ltd. * | 7,044 | 28,387 |
Ribbon Communications, Inc. * | 38,255 | 97,933 |
Richardson Electronics Ltd/United States | 5,554 | 85,698 |
Rogers Corp. * | 7,967 | 1,282,289 |
Sanmina Corp. * | 24,792 | 1,295,630 |
ScanSource, Inc. * | 10,228 | 279,736 |
Seagate Technology Holdings plc | 81,717 | 4,802,508 |
SmartRent, Inc. * | 54,496 | 140,600 |
Sono-Tek Corp. * | 2,719 | 14,819 |
Super Micro Computer, Inc. * | 19,765 | 2,083,824 |
TD SYNNEX Corp. | 17,668 | 1,573,159 |
TE Connectivity Ltd. | 134,515 | 16,460,601 |
Teledyne Technologies, Inc. * | 19,942 | 8,263,965 |
TransAct Technologies, Inc. * | 3,397 | 19,023 |
Trimble, Inc. * | 106,696 | 5,025,382 |
TTM Technologies, Inc. * | 43,639 | 515,377 |
Turtle Beach Corp. * | 6,086 | 66,155 |
Ubiquiti, Inc. | 1,828 | 425,101 |
ViaSat, Inc. * | 32,706 | 1,145,691 |
Viavi Solutions, Inc. * | 96,616 | 865,679 |
Vishay Intertechnology, Inc. | 55,251 | 1,176,294 |
Vishay Precision Group, Inc. * | 5,394 | 202,491 |
Vontier Corp. | 66,725 | 1,810,249 |
Wayside Technology Group, Inc. | 1,603 | 71,173 |
Western Digital Corp. * | 135,835 | 4,678,157 |
Wireless Telecom Group, Inc. * | 17,985 | 32,373 |
Wrap Technologies, Inc. *(a) | 21,515 | 27,539 |
Xerox Holdings Corp. | 48,642 | 762,220 |
Zebra Technologies Corp., Class A * | 21,947 | 6,321,394 |
1,398,084,203 | ||
Telecommunication Services 1.0% | ||
Anterix, Inc. * | 8,567 | 270,546 |
AST SpaceMobile, Inc. *(a) | 26,087 | 138,522 |
AT&T, Inc. | 3,040,092 | 53,718,426 |
ATN International, Inc. | 4,147 | 149,997 |
Bandwidth, Inc., Class A * | 9,570 | 116,467 |
Charge Enterprises, Inc. * | 38,686 | 41,007 |
Cogent Communications Holdings, Inc. | 18,246 | 1,259,704 |
Consolidated Communications Holdings, Inc. * | 28,849 | 111,646 |
EchoStar Corp., Class A * | 15,741 | 268,699 |
Frontier Communications Parent, Inc. * | 95,225 | 2,146,371 |
Globalstar, Inc. * | 306,760 | 277,925 |
Gogo, Inc. * | 27,853 | 373,509 |
IDT Corp., Class B * | 8,928 | 296,499 |
Iridium Communications, Inc. | 53,505 | 3,395,962 |
KORE Group Holdings, Inc. * | 12,000 | 14,640 |
Liberty Global plc, Class A * | 73,281 | 1,429,712 |
Liberty Global plc, Class C * | 109,104 | 2,219,175 |
Liberty Latin America Ltd., Class A * | 15,888 | 140,927 |
Liberty Latin America Ltd., Class C * | 61,742 | 548,269 |
Lumen Technologies, Inc. | 398,859 | 945,296 |
NII Holdings, Inc. Escrow *(c) | 28,127 | 16,595 |
Ooma, Inc. * | 9,711 | 119,445 |
Radius Global Infrastructure, Inc., Class A * | 33,233 | 488,193 |
Shenandoah Telecommunications Co. | 21,835 | 454,386 |
Spok Holdings, Inc. | 6,936 | 84,827 |
SurgePays, Inc. * | 7,000 | 30,100 |
Telephone & Data Systems, Inc. | 41,799 | 417,990 |
T-Mobile US, Inc. * | 252,181 | 36,288,846 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
United States Cellular Corp. * | 5,896 | 125,231 |
Verizon Communications, Inc. | 1,788,510 | 69,447,843 |
175,336,755 | ||
Transportation 1.7% | ||
Air Transport Services Group, Inc. * | 23,833 | 484,048 |
Alaska Air Group, Inc. * | 54,536 | 2,370,134 |
Allegiant Travel Co. * | 6,715 | 697,756 |
American Airlines Group, Inc. * | 276,648 | 3,773,479 |
ArcBest Corp. | 10,461 | 987,518 |
Avis Budget Group, Inc. * | 10,561 | 1,865,812 |
Bird Global, Inc., Class A * | 105,731 | 14,316 |
Blade Air Mobility, Inc. * | 26,008 | 68,141 |
C.H. Robinson Worldwide, Inc. | 50,176 | 5,061,253 |
Covenant Logistics Group, Inc. | 3,394 | 133,690 |
CSX Corp. | 895,467 | 27,437,109 |
Daseke, Inc. * | 25,341 | 207,289 |
Delta Air Lines, Inc. * | 272,280 | 9,341,927 |
Eagle Bulk Shipping, Inc. | 4,187 | 187,243 |
Expeditors International of Washington, Inc. | 67,705 | 7,707,537 |
FedEx Corp. | 98,925 | 22,533,136 |
Forward Air Corp. | 11,327 | 1,195,112 |
Frontier Group Holdings, Inc. * | 16,091 | 152,704 |
FTAI Infrastructure, Inc. | 43,117 | 133,663 |
Genco Shipping & Trading Ltd. | 14,965 | 230,611 |
GXO Logistics, Inc. * | 50,615 | 2,689,175 |
Hawaiian Holdings, Inc. * | 23,629 | 196,829 |
Heartland Express, Inc. | 18,795 | 272,152 |
Hertz Global Holdings, Inc. * | 69,303 | 1,155,974 |
Hub Group, Inc., Class A * | 13,809 | 1,041,199 |
JB Hunt Transport Services, Inc. | 35,369 | 6,199,832 |
JetBlue Airways Corp. * | 138,334 | 987,705 |
Joby Aviation, Inc. *(a) | 126,843 | 549,230 |
Kirby Corp. * | 25,399 | 1,824,664 |
Knight-Swift Transportation Holdings, Inc. | 68,238 | 3,843,164 |
Landstar System, Inc. | 15,286 | 2,690,795 |
Lyft, Inc., Class A * | 138,165 | 1,416,191 |
Marten Transport Ltd. | 24,450 | 493,645 |
Matson, Inc. | 16,204 | 1,102,358 |
Mesa Air Group, Inc. * | 12,880 | 27,177 |
Norfolk Southern Corp. | 97,233 | 19,741,216 |
Old Dominion Freight Line, Inc. | 38,780 | 12,424,724 |
P.A.M. Transportation Services, Inc. * | 3,071 | 68,944 |
Pangaea Logistics Solutions Ltd. | 13,298 | 82,581 |
Radiant Logistics, Inc. * | 16,850 | 111,210 |
RXO, Inc. * | 49,898 | 902,655 |
Ryder System, Inc. | 21,335 | 1,688,879 |
Saia, Inc. * | 11,305 | 3,366,290 |
Schneider National, Inc., Class B | 16,152 | 422,698 |
SkyWest, Inc. * | 20,970 | 593,451 |
Southwest Airlines Co. | 252,750 | 7,655,797 |
Spirit Airlines, Inc. | 51,444 | 879,692 |
Sun Country Airlines Holdings, Inc. * | 14,296 | 282,060 |
Uber Technologies, Inc. * | 851,589 | 26,441,838 |
U-Haul Holding Co. | 4,034 | 246,316 |
U-Haul Holding Co. - Non Voting | 37,767 | 2,043,195 |
Union Pacific Corp. | 260,425 | 50,965,172 |
United Airlines Holdings, Inc. * | 138,882 | 6,083,032 |
United Parcel Service, Inc., Class B | 310,373 | 55,808,169 |
Universal Logistics Holdings, Inc. | 3,300 | 84,480 |
US Xpress Enterprises, Inc., Class A * | 21,997 | 132,862 |
Werner Enterprises, Inc. | 25,074 | 1,132,593 |
XPO, Inc. * | 49,223 | 2,174,672 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Yellow Corp. * | 13,029 | 24,364 |
302,429,458 | ||
Utilities 2.8% | ||
ALLETE, Inc. | 24,138 | 1,505,728 |
Alliant Energy Corp. | 106,954 | 5,897,444 |
Altus Power, Inc. * | 18,211 | 82,678 |
Ameren Corp. | 109,835 | 9,772,020 |
American Electric Power Co., Inc. | 219,104 | 20,249,592 |
American States Water Co. | 15,639 | 1,387,961 |
American Water Works Co., Inc. | 82,020 | 12,159,465 |
Artesian Resources Corp., Class A | 2,941 | 161,108 |
Atmos Energy Corp. | 61,068 | 6,970,302 |
Avangrid, Inc. | 29,923 | 1,204,700 |
Avista Corp. | 31,567 | 1,391,158 |
Black Hills Corp. | 27,704 | 1,808,794 |
Cadiz, Inc. * | 15,822 | 64,554 |
California Water Service Group | 23,134 | 1,297,355 |
CenterPoint Energy, Inc. | 267,277 | 8,143,930 |
Chesapeake Utilities Corp. | 7,516 | 928,226 |
Clearway Energy, Inc., Class A | 14,344 | 415,689 |
Clearway Energy, Inc., Class C | 34,782 | 1,056,329 |
CMS Energy Corp. | 124,134 | 7,728,583 |
Consolidated Edison, Inc. | 151,257 | 14,894,277 |
Consolidated Water Co., Ltd. | 7,055 | 119,230 |
Constellation Energy Corp. | 138,957 | 10,755,272 |
Dominion Energy, Inc. | 355,614 | 20,319,784 |
DTE Energy Co. | 82,494 | 9,273,151 |
Duke Energy Corp. | 327,605 | 32,393,582 |
Edison International | 162,250 | 11,941,600 |
Entergy Corp. | 86,643 | 9,321,054 |
Essential Utilities, Inc. | 101,369 | 4,328,456 |
Evergy, Inc. | 97,792 | 6,073,861 |
Eversource Energy | 148,792 | 11,547,747 |
Exelon Corp. | 423,587 | 17,977,032 |
FirstEnergy Corp. | 231,240 | 9,203,352 |
Genie Energy Ltd., Class B | 9,550 | 148,693 |
Global Water Resources, Inc. | 4,694 | 51,493 |
Hawaiian Electric Industries, Inc. | 46,150 | 1,809,541 |
IDACORP, Inc. | 21,439 | 2,382,302 |
MGE Energy, Inc. | 15,212 | 1,165,391 |
Middlesex Water Co. | 8,586 | 626,606 |
Montauk Renewables, Inc. * | 25,936 | 172,474 |
National Fuel Gas Co. | 39,141 | 2,187,982 |
New Jersey Resources Corp. | 40,776 | 2,105,673 |
NextEra Energy, Inc. | 845,187 | 64,766,680 |
NiSource, Inc. | 173,812 | 4,946,690 |
Northwest Natural Holding Co. | 14,999 | 704,353 |
NorthWestern Corp. | 24,551 | 1,439,180 |
NRG Energy, Inc. | 98,145 | 3,353,615 |
OGE Energy Corp. | 84,976 | 3,189,999 |
ONE Gas, Inc. | 23,190 | 1,784,470 |
Ormat Technologies, Inc. | 22,300 | 1,913,563 |
Otter Tail Corp. | 17,495 | 1,258,765 |
PG&E Corp. * | 686,717 | 11,749,728 |
Pinnacle West Capital Corp. | 48,167 | 3,779,183 |
PNM Resources, Inc. | 37,120 | 1,786,586 |
Portland General Electric Co. | 38,350 | 1,941,277 |
PPL Corp. | 312,927 | 8,987,263 |
Public Service Enterprise Group, Inc. | 211,941 | 13,394,671 |
Pure Cycle Corp. * | 8,445 | 83,352 |
RGC Resources, Inc. | 3,883 | 74,359 |
Sempra Energy | 133,363 | 20,736,613 |
SJW Group | 11,576 | 878,850 |
Southwest Gas Holdings, Inc. | 27,612 | 1,546,272 |
Spire, Inc. | 22,405 | 1,517,491 |
Spruce Power Holding Corp. * | 69,465 | 48,723 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Sunnova Energy International, Inc. * | 43,239 | 776,572 |
The AES Corp. | 288,071 | 6,815,760 |
The Southern Co. | 463,137 | 34,063,726 |
The York Water Co. | 6,196 | 260,480 |
UGI Corp. | 88,795 | 3,008,375 |
Unitil Corp. | 7,063 | 392,632 |
Via Renewables, Inc. | 1,311 | 13,571 |
Vistra Corp. | 158,900 | 3,791,354 |
WEC Energy Group, Inc. | 134,349 | 12,920,343 |
Xcel Energy, Inc. | 233,337 | 16,312,590 |
479,261,255 | ||
Total Common Stocks (Cost $9,650,261,464) | 17,343,651,992 | |
PREFERRED STOCKS 0.0% OF NET ASSETS | ||
Software & Services 0.0% | ||
SRAX, Inc. *(c) | 9,789 | 587 |
Total Preferred Stocks (Cost $529) | 587 | |
RIGHTS 0.0% OF NET ASSETS | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
Aduro Biotech, Inc. CVR *(c) | 5,747 | 14,033 |
Carisma Therapeutics, Inc. CVR *(c) | 67,895 | 0 |
F-star Therapeutics, Inc. Agonist CVR *(c) | 975 | 421 |
F-star Therapeutics, Inc. Antagonist CVR *(c) | 975 | 421 |
IMARA, Inc. CVR *(c) | 11,519 | 3,686 |
18,561 | ||
Total Rights (Cost $3,686) | 18,561 |
SHORT-TERM INVESTMENTS 0.2% OF NET ASSETS | ||
Money Market Funds 0.2% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 4.76% (e)(f) | 30,743,334 | 30,743,334 |
Total Short-Term Investments (Cost $30,743,334) | 30,743,334 | |
Total Investments in Securities (Cost $9,681,009,013) | 17,374,414,474 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION (DEPRECIATION) ($) | |
FUTURES CONTRACTS | |||
Long | |||
Russell 2000 Index, e-mini, expires 06/16/23 | 134 | 11,891,160 | (4,745 ) |
S&P 500 Index, e-mini, expires 06/16/23 | 321 | 67,225,425 | 1,859,155 |
Net Unrealized Appreciation | 1,854,410 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $29,250,234. |
(b) | First Republic Bank was placed into receivership with the Federal Deposit Insurance Corp. due to inadequate liquidity and insolvency on May 1, 2023 and the position has subsequently been sold. |
(c) | Fair valued using significant unobservable inputs (see financial note 2(a), Securities for which no quoted value is available, for additional information). |
(d) | Issuer is affiliated with the fund’s investment adviser. |
(e) | The rate shown is the annualized 7-day yield. |
(f) | Security purchased with cash collateral received for securities on loan. |
CVR — | Contingent Value Rights |
REIT — | Real Estate Investment Trust |
SECURITY | VALUE AT 10/31/22 | PURCHASES | SALES | REALIZED GAINS (LOSSES) | NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) | VALUE AT 4/30/23 | BALANCE OF SHARES HELD AT 4/30/23 | DIVIDENDS RECEIVED |
COMMON STOCKS 0.2% OF NET ASSETS | ||||||||
Financial Services 0.2% | ||||||||
The Charles Schwab Corp. | $50,203,015 | $1,204,202 | ($111,737) | ($18,670) | ($17,606,197) | $33,670,613 | 644,537 | $298,704 |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Common Stocks1 | $14,178,731,297 | $— | $— | $14,178,731,297 |
Equity Real Estate Investment Trusts (REITs) | 510,281,699 | — | 0 * | 510,281,699 |
Health Care Equipment & Services | 1,044,667,381 | — | 0 * | 1,044,667,381 |
Pharmaceuticals, Biotechnology & Life Sciences | 1,434,434,641 | — | 200,219 | 1,434,634,860 |
Telecommunication Services | 175,320,160 | — | 16,595 | 175,336,755 |
Preferred Stocks1 | ||||
Software & Services | — | — | 587 | 587 |
Rights1 | ||||
Pharmaceuticals, Biotechnology & Life Sciences | — | — | 18,561 * | 18,561 |
Short-Term Investments1 | 30,743,334 | — | — | 30,743,334 |
Futures Contracts2 | 1,859,155 | — | — | 1,859,155 |
Liabilities | ||||
Futures Contracts2 | (4,745 ) | — | — | (4,745 ) |
Total | $17,376,032,922 | $— | $235,962 | $17,376,268,884 |
* | Level 3 amount shown includes securities determined to have no value at April 30, 2023. |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - affiliated (cost $24,850,160) | $33,670,613 | |
Investments in securities, at value - unaffiliated (cost $9,656,158,853) including securities on loan of $29,250,234 | 17,340,743,861 | |
Cash | 60,891,500 | |
Deposit with broker for futures contracts | 6,071,200 | |
Receivables: | ||
Dividends | 12,868,562 | |
Fund shares sold | 7,805,977 | |
Variation margin on future contracts | 628,376 | |
Income from securities on loan | 343,590 | |
Investments sold | + | 36,344 |
Total assets | 17,463,060,023 | |
Liabilities | ||
Collateral held for securities on loan | 30,743,333 | |
Payables: | ||
Fund shares redeemed | 8,681,976 | |
Investment adviser fees | 396,674 | |
Investments bought | + | 40,059 |
Total liabilities | 39,862,042 | |
Net assets | $17,423,197,981 | |
Net Assets by Source | ||
Capital received from investors | $9,902,543,093 | |
Total distributable earnings | + | 7,520,654,888 |
Net assets | $17,423,197,981 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$17,423,197,981 | 246,783,397 | $70.60 | ||
For the period November 1, 2022 through April 30, 2023; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $37,125) | $142,682,202 | |
Dividends received from securities - affiliated | 298,704 | |
Securities on loan, net | + | 1,770,075 |
Total investment income | 144,750,981 | |
Expenses | ||
Investment adviser fees | 2,477,582 | |
Proxy fees1 | + | 9,086 |
Total expenses | – | 2,486,668 |
Net investment income | 142,264,313 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - affiliated | (18,670 ) | |
Net realized losses on sales of securities - unaffiliated | (85,786,890 ) | |
Net realized gains on futures contracts | + | 829,275 |
Net realized losses | (84,976,285 ) | |
Net change in unrealized appreciation (depreciation) on securities - affiliated | (17,606,197 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 1,145,843,022 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | (1,093,841 ) |
Net change in unrealized appreciation (depreciation) | + | 1,127,142,984 |
Net realized and unrealized gains | 1,042,166,699 | |
Increase in net assets resulting from operations | $1,184,431,012 |
1 | Proxy fees are non-routine expenses (see financial note 2(e) for additional information). |
OPERATIONS | |||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||
Net investment income | $142,264,313 | $245,763,721 | |
Net realized losses | (84,976,285 ) | (62,772,870 ) | |
Net change in unrealized appreciation (depreciation) | + | 1,127,142,984 | (3,393,580,219 ) |
Increase (decrease) in net assets resulting from operations | $1,184,431,012 | ($3,210,589,368 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($253,821,250 ) | ($271,189,903 ) |
TRANSACTIONS IN FUND SHARES | |||||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 18,276,270 | $1,236,935,020 | 42,748,598 | $3,156,883,859 | |
Shares reinvested | 2,670,248 | 178,132,254 | 2,402,741 | 195,366,859 | |
Shares redeemed | + | (14,290,284 ) | (968,676,720 ) | (28,345,522 ) | (2,055,951,707 ) |
Net transactions in fund shares | 6,656,234 | $446,390,554 | 16,805,817 | $1,296,299,011 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 240,127,163 | $16,046,197,665 | 223,321,346 | $18,231,677,925 | |
Total increase (decrease) | + | 6,656,234 | 1,377,000,316 | 16,805,817 | (2,185,480,260 ) |
End of period | 246,783,397 | $17,423,197,981 | 240,127,163 | $16,046,197,665 |
11/1/22– 4/30/23* | 11/1/21– 10/31/22 | 11/1/20– 10/31/21 | 11/1/19– 10/31/20 | 11/1/18– 10/31/19 | 12/20/171– 10/31/18 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $66.09 | $89.23 | $62.76 | $49.06 | $42.37 | $40.00 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)2 | 0.35 | 0.64 | 0.56 | 0.55 | 0.57 | 0.46 |
Net realized and unrealized gains (losses) | 7.18 | (22.20 ) | 26.39 | 13.65 | 6.52 | 1.91 3 |
Total from investment operations | 7.53 | (21.56 ) | 26.95 | 14.20 | 7.09 | 2.37 |
Less distributions: | ||||||
Distributions from net investment income | (0.59 ) | (0.51 ) | (0.48 ) | (0.50 ) | (0.40 ) | — |
Distributions from net realized gains | — | (1.07 ) | �� | — | — | — |
Total distributions | (0.59 ) | (1.58 ) | (0.48 ) | (0.50 ) | (0.40 ) | — |
Net asset value at end of period | $73.03 | $66.09 | $89.23 | $62.76 | $49.06 | $42.37 |
Total return | 11.49 %4 | (24.63 %) | 43.14 % | 29.16 % | 17.04 % | 5.93 %4 |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.035 %5 | 0.035 %6 | 0.035 % | 0.035 % | 0.035 %7 | 0.040 %5,8 |
Net operating expenses | N/A | N/A | N/A | N/A | N/A | 0.02 %5,8 |
Net investment income (loss) | 1.05 %5 | 0.86 % | 0.73 % | 0.97 % | 1.27 % | 1.23 %5 |
Portfolio turnover rate | 8 %4 | 18 % | 18 % | 41 % | 46 % | 23 %4 |
Net assets, end of period (x 1,000,000) | $1,091 | $929 | $881 | $487 | $166 | $93 |
* | Unaudited. |
1 | Commencement of operations. |
2 | Calculated based on the average shares outstanding during the period. |
3 | The per share amount does not accord with the change in aggregate gains and losses in securities during the period because of the timing of fund transactions in relation to fluctuating market values. |
4 | Not annualized. |
5 | Annualized. |
6 | Ratio includes less than 0.0005% of non-routine proxy expenses. |
7 | Effective December 20, 2018, the annual operating expense ratio was reduced to 0.035%. The ratio presented for period ended 10/31/19 is a blended ratio. |
8 | The investment adviser voluntarily agreed to waive the fund’s management fees to 0.00% beginning with the fund’s commencement of operations through June 30, 2018. The ratio presented for period ended 10/31/18 is a blended ratio. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.5% OF NET ASSETS | ||
Automobiles & Components 2.2% | ||
Aptiv plc * | 3,763 | 387,062 |
Lucid Group, Inc. *(a) | 30,149 | 239,383 |
Tesla, Inc. * | 142,836 | 23,469,383 |
24,095,828 | ||
Banks 0.0% | ||
First Citizens BancShares, Inc., Class A | 148 | 149,063 |
Western Alliance Bancorp | 3,512 | 130,365 |
279,428 | ||
Capital Goods 4.0% | ||
A.O. Smith Corp. | 1,655 | 113,020 |
Advanced Drainage Systems, Inc. | 3,451 | 295,820 |
AECOM | 399 | 33,137 |
AGCO Corp. | 463 | 57,384 |
Allegion plc | 3,830 | 423,138 |
Allison Transmission Holdings, Inc. | 3,909 | 190,720 |
Armstrong World Industries, Inc. | 1,393 | 95,643 |
Axon Enterprise, Inc. * | 2,882 | 607,266 |
BWX Technologies, Inc. | 1,910 | 123,348 |
Carlisle Cos., Inc. | 2,384 | 514,586 |
Caterpillar, Inc. | 25,059 | 5,482,909 |
ChargePoint Holdings, Inc. *(a) | 14,067 | 121,961 |
Core & Main, Inc., Class A * | 1,395 | 36,354 |
Deere & Co. | 15,010 | 5,674,080 |
Donaldson Co., Inc. | 1,037 | 65,901 |
Emerson Electric Co. | 10,000 | 832,600 |
Fastenal Co. | 31,744 | 1,709,097 |
Fortune Brands Innovations, Inc. | 2,429 | 157,132 |
Generac Holdings, Inc. * | 3,457 | 353,375 |
General Electric Co. | 3,365 | 333,034 |
Graco, Inc. | 6,366 | 504,760 |
HEICO Corp. | 2,352 | 396,641 |
HEICO Corp., Class A | 4,052 | 543,900 |
Honeywell International, Inc. | 10,946 | 2,187,449 |
Howmet Aerospace, Inc. | 1,970 | 87,251 |
Huntington Ingalls Industries, Inc. | 473 | 95,385 |
IDEX Corp. | 741 | 152,883 |
Illinois Tool Works, Inc. | 15,196 | 3,676,520 |
Lincoln Electric Holdings, Inc. | 3,092 | 518,838 |
Lockheed Martin Corp. | 12,596 | 5,850,212 |
Masco Corp. | 647 | 34,621 |
Masterbrand, Inc. * | 2,324 | 18,755 |
Nordson Corp. | 746 | 161,367 |
Northrop Grumman Corp. | 934 | 430,826 |
Otis Worldwide Corp. | 2,791 | 238,072 |
Parker-Hannifin Corp. | 1,603 | 520,783 |
Plug Power, Inc. *(a) | 14,252 | 128,696 |
Quanta Services, Inc. | 4,296 | 728,774 |
Rockwell Automation, Inc. | 4,286 | 1,214,695 |
SiteOne Landscape Supply, Inc. * | 1,489 | 219,985 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Spirit AeroSystems Holdings, Inc., Class A | 5,484 | 163,204 |
The Boeing Co. * | 9,556 | 1,975,990 |
The Middleby Corp. * | 207 | 29,162 |
The Toro Co. | 5,763 | 600,850 |
Trane Technologies plc | 7,362 | 1,367,933 |
TransDigm Group, Inc. | 1,095 | 837,675 |
Trex Co., Inc. * | 6,109 | 333,918 |
United Rentals, Inc. | 1,764 | 636,998 |
Valmont Industries, Inc. | 144 | 41,841 |
Vertiv Holdings Co. | 2,599 | 38,777 |
W.W. Grainger, Inc. | 2,485 | 1,728,492 |
Watsco, Inc. | 962 | 333,218 |
WESCO International, Inc. | 1,276 | 183,744 |
WillScot Mobile Mini Holdings Corp. * | 5,953 | 270,266 |
Xylem, Inc. | 1,373 | 142,572 |
43,615,558 | ||
Commercial & Professional Services 2.0% | ||
Automatic Data Processing, Inc. | 21,204 | 4,664,880 |
Booz Allen Hamilton Holding Corp. | 7,227 | 691,768 |
Broadridge Financial Solutions, Inc. | 5,837 | 848,758 |
Ceridian HCM Holding, Inc. * | 1,467 | 93,125 |
Cintas Corp. | 4,461 | 2,033,190 |
Copart, Inc. * | 23,535 | 1,860,442 |
CoStar Group, Inc. * | 3,206 | 246,702 |
Driven Brands Holdings, Inc. * | 148 | 4,544 |
Equifax, Inc. | 3,355 | 699,115 |
FTI Consulting, Inc. * | 780 | 140,790 |
Genpact Ltd. | 5,124 | 228,274 |
KBR, Inc. | 4,874 | 276,502 |
MSA Safety, Inc. | 752 | 97,572 |
Paychex, Inc. | 17,831 | 1,958,914 |
Paycom Software, Inc. * | 2,831 | 822,037 |
Paylocity Holding Corp. * | 2,215 | 428,137 |
Republic Services, Inc. | 735 | 106,296 |
Ritchie Bros Auctioneers, Inc. | 3,216 | 183,923 |
Robert Half International, Inc. | 5,176 | 377,848 |
Rollins, Inc. | 11,861 | 501,127 |
Tetra Tech, Inc. | 1,197 | 165,629 |
TransUnion | 7,783 | 535,548 |
Verisk Analytics, Inc. | 8,579 | 1,665,270 |
Waste Management, Inc. | 21,251 | 3,528,729 |
22,159,120 | ||
Consumer Discretionary Distribution & Retail 7.8% | ||
Advance Auto Parts, Inc. | 264 | 33,140 |
Amazon.com, Inc. * | 490,619 | 51,735,774 |
AutoZone, Inc. * | 940 | 2,503,511 |
Best Buy Co., Inc. | 3,424 | 255,157 |
Burlington Stores, Inc. * | 3,357 | 647,263 |
CarMax, Inc. * | 1,005 | 70,380 |
Carvana Co. *(a) | 5,687 | 39,468 |
eBay, Inc. | 4,144 | 192,406 |
Etsy, Inc. * | 6,926 | 699,734 |
Five Below, Inc. * | 3,009 | 593,856 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Floor & Decor Holdings, Inc., Class A * | 5,693 | 565,543 |
Genuine Parts Co. | 630 | 106,035 |
Leslie's, Inc. * | 8,566 | 92,941 |
Lowe’s Cos., Inc. | 28,871 | 6,000,260 |
Nordstrom, Inc. (a) | 5,379 | 83,159 |
Ollie's Bargain Outlet Holdings, Inc. * | 221 | 14,420 |
O'Reilly Automotive, Inc. * | 1,397 | 1,281,482 |
Pool Corp. | 2,104 | 739,177 |
RH * | 376 | 95,929 |
Ross Stores, Inc. | 7,988 | 852,559 |
The Home Depot, Inc. | 32,690 | 9,824,653 |
The TJX Cos., Inc. | 64,182 | 5,058,825 |
Tractor Supply Co. | 6,097 | 1,453,525 |
Ulta Beauty, Inc. * | 2,784 | 1,535,181 |
Valvoline, Inc. | 9,420 | 325,461 |
Victoria's Secret & Co. * | 3,182 | 98,674 |
Wayfair, Inc., Class A * | 2,749 | 95,748 |
Williams-Sonoma, Inc. | 2,911 | 352,347 |
85,346,608 | ||
Consumer Durables & Apparel 1.3% | ||
Brunswick Corp. | 667 | 56,555 |
D.R. Horton, Inc. | 9,148 | 1,004,633 |
Deckers Outdoor Corp. * | 1,281 | 614,035 |
Lululemon Athletica, Inc. * | 6,171 | 2,344,548 |
Mattel, Inc. * | 9,415 | 169,470 |
NIKE, Inc., Class B | 66,541 | 8,432,076 |
NVR, Inc. * | 116 | 677,440 |
Polaris, Inc. | 2,250 | 244,463 |
PulteGroup, Inc. | 4,910 | 329,706 |
Skechers U.S.A., Inc., Class A * | 1,114 | 59,254 |
Tapestry, Inc. | 1,773 | 72,356 |
Toll Brothers, Inc. | 3,129 | 199,974 |
TopBuild Corp. * | 1,490 | 335,965 |
YETI Holdings, Inc. * | 4,771 | 188,216 |
14,728,691 | ||
Consumer Services 2.5% | ||
Airbnb, Inc., Class A * | 20,741 | 2,482,075 |
Booking Holdings, Inc. * | 2,144 | 5,759,449 |
Bright Horizons Family Solutions, Inc. * | 904 | 68,812 |
Caesars Entertainment, Inc. * | 7,802 | 353,353 |
Chipotle Mexican Grill, Inc. * | 1,519 | 3,140,715 |
Choice Hotels International, Inc. | 1,775 | 226,348 |
Churchill Downs, Inc. | 1,966 | 575,114 |
Darden Restaurants, Inc. | 4,918 | 747,192 |
Domino’s Pizza, Inc. | 1,419 | 450,490 |
DoorDash, Inc., Class A * | 12,218 | 747,619 |
DraftKings, Inc., Class A * | 19,471 | 426,610 |
Expedia Group, Inc. * | 8,152 | 765,962 |
H&R Block, Inc. | 6,924 | 234,793 |
Hilton Worldwide Holdings, Inc. | 10,482 | 1,509,618 |
Las Vegas Sands Corp. * | 6,787 | 433,350 |
Marriott International, Inc., Class A | 14,676 | 2,485,234 |
McDonald’s Corp. | 9,944 | 2,940,938 |
Mister Car Wash, Inc. * | 3,333 | 29,397 |
Norwegian Cruise Line Holdings Ltd. * | 1,759 | 23,483 |
Planet Fitness, Inc., Class A * | 3,401 | 282,759 |
Six Flags Entertainment Corp. * | 2,076 | 50,384 |
Starbucks Corp. | 22,838 | 2,610,155 |
The Wendy's Co. | 9,193 | 203,165 |
Travel & Leisure Co. | 3,094 | 118,407 |
Vail Resorts, Inc. | 2,094 | 503,649 |
Wyndham Hotels & Resorts, Inc. | 3,272 | 223,216 |
Wynn Resorts Ltd. * | 714 | 81,596 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Yum! Brands, Inc. | 1,785 | 250,935 |
27,724,818 | ||
Consumer Staples Distribution & Retail 1.9% | ||
BJ's Wholesale Club Holdings, Inc. * | 4,680 | 357,412 |
Costco Wholesale Corp. | 24,488 | 12,322,851 |
Dollar General Corp. | 12,460 | 2,759,392 |
Dollar Tree, Inc. * | 3,575 | 549,513 |
Grocery Outlet Holding Corp. * | 288 | 8,577 |
Performance Food Group Co. * | 2,558 | 160,361 |
Sysco Corp. | 28,068 | 2,153,938 |
Target Corp. | 14,120 | 2,227,430 |
20,539,474 | ||
Energy 1.4% | ||
Antero Resources Corp. * | 10,233 | 235,257 |
Cheniere Energy, Inc. | 7,896 | 1,208,088 |
Coterra Energy, Inc. | 7,103 | 181,837 |
Devon Energy Corp. | 17,567 | 938,605 |
Diamondback Energy, Inc. | 5,642 | 802,292 |
Enviva, Inc. | 1,635 | 35,152 |
EOG Resources, Inc. | 23,654 | 2,825,943 |
Halliburton Co. | 22,469 | 735,860 |
Hess Corp. | 12,184 | 1,767,411 |
New Fortress Energy, Inc. | 2,996 | 90,749 |
Occidental Petroleum Corp. | 36,241 | 2,229,909 |
ONEOK, Inc. | 2,742 | 179,354 |
Ovintiv, Inc. | 9,695 | 349,796 |
PDC Energy, Inc. | 2,606 | 169,520 |
Pioneer Natural Resources Co. | 7,223 | 1,571,364 |
Range Resources Corp. | 8,622 | 228,052 |
Southwestern Energy Co. * | 4,411 | 22,893 |
Targa Resources Corp. | 12,458 | 940,953 |
Texas Pacific Land Corp. | 316 | 466,937 |
14,979,972 | ||
Equity Real Estate Investment Trusts (REITs) 1.4% | ||
American Tower Corp. | 19,676 | 4,021,578 |
Apartment Income REIT Corp. | 439 | 16,234 |
Camden Property Trust | 455 | 50,073 |
Crown Castle, Inc. | 23,851 | 2,935,820 |
Equinix, Inc. | 3,851 | 2,788,432 |
Equity LifeStyle Properties, Inc. | 6,006 | 413,813 |
Extra Space Storage, Inc. | 867 | 131,819 |
Iron Mountain, Inc. | 11,876 | 656,030 |
Lamar Advertising Co., Class A | 4,187 | 442,482 |
Public Storage | 6,862 | 2,023,123 |
SBA Communications Corp. | 1,347 | 351,419 |
Simon Property Group, Inc. | 8,718 | 987,924 |
14,818,747 | ||
Financial Services 5.5% | ||
American Express Co. | 2,108 | 340,105 |
Ameriprise Financial, Inc. | 3,710 | 1,131,995 |
Apollo Global Management, Inc. | 20,348 | 1,289,860 |
Ares Management Corp., Class A | 8,446 | 739,785 |
Blackstone, Inc. | 39,227 | 3,504,148 |
Blue Owl Capital, Inc. | 23,347 | 262,887 |
Credit Acceptance Corp. * | 39 | 19,091 |
Euronet Worldwide, Inc. * | 1,931 | 213,839 |
FactSet Research Systems, Inc. | 2,096 | 862,902 |
Fiserv, Inc. * | 2,980 | 363,918 |
FleetCor Technologies, Inc. * | 3,953 | 845,626 |
Jack Henry & Associates, Inc. | 3,994 | 652,380 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
LPL Financial Holdings, Inc. | 4,397 | 918,269 |
MarketAxess Holdings, Inc. | 2,050 | 652,659 |
Mastercard, Inc., Class A | 47,048 | 17,879,651 |
Moody's Corp. | 8,339 | 2,611,108 |
Morningstar, Inc. | 1,252 | 223,244 |
MSCI, Inc. | 3,232 | 1,559,278 |
PayPal Holdings, Inc. * | 19,402 | 1,474,552 |
Raymond James Financial, Inc. | 887 | 80,300 |
Rocket Cos., Inc., Class A *(a) | 3,218 | 28,672 |
Shift4 Payments, Inc., Class A * | 2,789 | 189,011 |
The Charles Schwab Corp. (b) | 46,303 | 2,418,869 |
The Western Union Co. | 6,666 | 72,859 |
Toast, Inc., Class A * | 14,106 | 256,729 |
Tradeweb Markets, Inc., Class A | 3,785 | 266,502 |
Upstart Holdings, Inc. *(a) | 699 | 9,716 |
UWM Holdings Corp. (a) | 4,179 | 25,074 |
Visa, Inc., Class A | 89,866 | 20,914,514 |
WEX, Inc. * | 1,739 | 308,412 |
60,115,955 | ||
Food, Beverage & Tobacco 2.6% | ||
Brown-Forman Corp., Class A | 1,399 | 92,166 |
Brown-Forman Corp., Class B | 6,027 | 392,297 |
Darling Ingredients, Inc. * | 620 | 36,933 |
Freshpet, Inc. * | 1,424 | 98,213 |
Kellogg Co. | 7,698 | 537,090 |
Lamb Weston Holdings, Inc. | 7,928 | 886,430 |
Monster Beverage Corp. * | 37,399 | 2,094,344 |
PepsiCo, Inc. | 64,598 | 12,331,112 |
Pilgrim's Pride Corp. * | 1,284 | 29,288 |
The Boston Beer Co., Inc., Class A * | 488 | 154,945 |
The Coca-Cola Co. | 161,970 | 10,390,376 |
The Hershey Co. | 6,986 | 1,907,597 |
28,950,791 | ||
Health Care Equipment & Services 5.3% | ||
Abbott Laboratories | 12,526 | 1,383,747 |
agilon health, Inc. * | 9,777 | 237,288 |
Align Technology, Inc. * | 3,247 | 1,056,249 |
AmerisourceBergen Corp. | 8,983 | 1,498,813 |
Baxter International, Inc. | 4,342 | 207,027 |
Certara, Inc. * | 4,189 | 101,248 |
Chemed Corp. | 280 | 154,350 |
Cigna Corp. | 2,569 | 650,702 |
DaVita, Inc. * | 3,055 | 276,050 |
Definitive Healthcare Corp. * | 826 | 8,838 |
DexCom, Inc. * | 21,279 | 2,581,994 |
Doximity, Inc., Class A * | 2,865 | 105,289 |
Edwards Lifesciences Corp. * | 34,131 | 3,002,845 |
Elevance Health, Inc. | 4,053 | 1,899,438 |
GE Healthcare, Inc. * | 1,140 | 92,728 |
Globus Medical, Inc., Class A * | 261 | 15,174 |
Guardant Health, Inc. * | 5,316 | 119,929 |
HCA Healthcare, Inc. | 718 | 206,303 |
Humana, Inc. | 4,931 | 2,615,846 |
ICU Medical, Inc. * | 207 | 39,152 |
IDEXX Laboratories, Inc. * | 4,537 | 2,232,930 |
Insulet Corp. * | 3,796 | 1,207,280 |
Intuitive Surgical, Inc. * | 17,932 | 5,401,477 |
Masimo Corp. * | 2,004 | 379,037 |
McKesson Corp. | 1,480 | 539,075 |
Molina Healthcare, Inc. * | 2,447 | 728,937 |
Novocure Ltd. * | 5,723 | 377,146 |
Penumbra, Inc. * | 1,959 | 556,591 |
ResMed, Inc. | 7,970 | 1,920,451 |
Stryker Corp. | 10,388 | 3,112,764 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Tandem Diabetes Care, Inc. * | 3,279 | 129,783 |
Teladoc Health, Inc. * | 860 | 22,816 |
UnitedHealth Group, Inc. | 47,051 | 23,153,327 |
Veeva Systems, Inc., Class A * | 7,691 | 1,377,304 |
57,391,928 | ||
Household & Personal Products 1.6% | ||
Church & Dwight Co., Inc. | 6,025 | 585,148 |
Colgate-Palmolive Co. | 28,107 | 2,242,939 |
Kimberly-Clark Corp. | 10,971 | 1,589,588 |
Olaplex Holdings, Inc. * | 6,916 | 25,589 |
The Clorox Co. | 5,615 | 929,956 |
The Estee Lauder Cos., Inc., Class A | 12,689 | 3,130,630 |
The Procter & Gamble Co. | 55,672 | 8,705,988 |
17,209,838 | ||
Insurance 1.3% | ||
Aon plc, Class A | 10,667 | 3,468,695 |
Arch Capital Group Ltd. * | 6,330 | 475,193 |
Arthur J. Gallagher & Co. | 1,321 | 274,847 |
Assurant, Inc. | 184 | 22,656 |
Brown & Brown, Inc. | 991 | 63,811 |
Erie Indemnity Co., Class A | 1,024 | 222,546 |
Everest Re Group Ltd. | 664 | 250,992 |
Lincoln National Corp. | 1,881 | 40,874 |
Markel Corp. * | 167 | 228,545 |
Marsh & McLennan Cos., Inc. | 24,465 | 4,408,348 |
RenaissanceRe Holdings Ltd. | 1,302 | 280,464 |
Ryan Specialty Holdings, Inc., Class A * | 4,507 | 184,156 |
The Progressive Corp. | 28,086 | 3,830,930 |
13,752,057 | ||
Materials 1.3% | ||
Albemarle Corp. | 3,327 | 617,025 |
Ardagh Metal Packaging S.A. | 2,283 | 9,315 |
Avery Dennison Corp. | 2,767 | 482,786 |
Axalta Coating Systems Ltd. * | 2,884 | 91,048 |
Ball Corp. | 6,833 | 363,379 |
Berry Global Group, Inc. | 3,202 | 185,108 |
CF Industries Holdings, Inc. | 10,811 | 773,851 |
Crown Holdings, Inc. | 5,645 | 484,228 |
Eagle Materials, Inc. | 1,624 | 240,693 |
Ecolab, Inc. | 12,101 | 2,031,032 |
FMC Corp. | 2,380 | 294,120 |
Ginkgo Bioworks Holdings, Inc. * | 9,592 | 11,702 |
Graphic Packaging Holding Co. | 13,054 | 321,912 |
Linde plc | 5,746 | 2,122,860 |
Louisiana-Pacific Corp. | 391 | 23,358 |
Martin Marietta Materials, Inc. | 309 | 112,229 |
MP Materials Corp. * | 5,061 | 109,672 |
PPG Industries, Inc. | 6,904 | 968,355 |
Royal Gold, Inc. | 240 | 31,786 |
RPM International, Inc. | 356 | 29,203 |
Sealed Air Corp. | 8,081 | 387,807 |
Southern Copper Corp. | 3,125 | 240,094 |
The Chemours Co. | 4,803 | 139,623 |
The Mosaic Co. | 2,299 | 98,512 |
The Scotts Miracle-Gro Co. | 745 | 49,774 |
The Sherwin-Williams Co. | 13,217 | 3,139,566 |
Vulcan Materials Co. | 3,553 | 622,201 |
13,981,239 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Media & Entertainment 7.3% | ||
Alphabet, Inc., Class A * | 288,651 | 30,983,798 |
Alphabet, Inc., Class C * | 250,959 | 27,158,783 |
Cable One, Inc. | 194 | 147,132 |
Charter Communications, Inc., Class A * | 5,817 | 2,144,728 |
Electronic Arts, Inc. | 972 | 123,716 |
Liberty Broadband Corp., Class A * | 510 | 43,110 |
Liberty Broadband Corp., Class C * | 3,013 | 255,442 |
Liberty Media Corp. - Liberty Formula One, Class C * | 1,380 | 99,622 |
Liberty Media Corp. - Liberty SiriusXM, Class A * | 1,275 | 35,827 |
Liberty Media Corp. - Liberty SiriusXM, Class C * | 2,268 | 63,368 |
Live Nation Entertainment, Inc. * | 4,351 | 294,911 |
Madison Square Garden Sports Corp. | 512 | 102,656 |
Match Group, Inc. * | 14,686 | 541,913 |
Meta Platforms, Inc., Class A * | 26,246 | 6,307,439 |
Netflix, Inc. * | 10,916 | 3,601,516 |
Nexstar Media Group, Inc., Class A | 177 | 30,701 |
Pinterest, Inc., Class A * | 7,177 | 165,071 |
Playtika Holding Corp. * | 4,549 | 45,490 |
ROBLOX Corp., Class A * | 24,711 | 879,712 |
Roku, Inc. * | 1,945 | 109,328 |
Spotify Technology S.A. * | 7,795 | 1,041,412 |
Take-Two Interactive Software, Inc. * | 7,574 | 941,372 |
The Trade Desk, Inc., Class A * | 24,246 | 1,559,988 |
The Walt Disney Co. * | 6,852 | 702,330 |
TripAdvisor, Inc. * | 812 | 14,397 |
Warner Bros Discovery, Inc. * | 95,651 | 1,301,810 |
World Wrestling Entertainment, Inc., Class A | 2,386 | 255,708 |
ZoomInfo Technologies, Inc. * | 15,508 | 339,780 |
79,291,060 | ||
Pharmaceuticals, Biotechnology & Life Sciences 6.7% | ||
10X Genomics, Inc., Class A * | 4,568 | 239,500 |
AbbVie, Inc. | 97,680 | 14,761,402 |
Agilent Technologies, Inc. | 14,672 | 1,987,029 |
Alnylam Pharmaceuticals, Inc. * | 6,775 | 1,349,580 |
Amgen, Inc. | 24,788 | 5,942,675 |
Avantor, Inc. * | 31,251 | 608,770 |
Bio-Techne Corp. | 8,581 | 685,450 |
Bruker Corp. | 5,891 | 466,155 |
Catalent, Inc. * | 3,132 | 156,976 |
Charles River Laboratories International, Inc. * | 2,592 | 492,791 |
Danaher Corp. | 2,450 | 580,430 |
Eli Lilly & Co. | 37,914 | 15,008,636 |
Exact Sciences Corp. * | 1,741 | 111,546 |
Exelixis, Inc. * | 15,293 | 279,862 |
Horizon Therapeutics plc * | 11,349 | 1,261,555 |
Incyte Corp. * | 8,683 | 646,102 |
Ionis Pharmaceuticals, Inc. * | 7,153 | 253,002 |
IQVIA Holdings, Inc. * | 10,244 | 1,928,228 |
Maravai LifeSciences Holdings, Inc., Class A * | 6,089 | 83,967 |
Merck & Co., Inc. | 58,613 | 6,768,043 |
Mettler-Toledo International, Inc. * | 1,214 | 1,810,681 |
Moderna, Inc. * | 1,113 | 147,907 |
Natera, Inc. * | 5,008 | 254,006 |
Neurocrine Biosciences, Inc. * | 5,267 | 532,178 |
Novavax, Inc. *(a) | 4,757 | 36,486 |
Regeneron Pharmaceuticals, Inc. * | 836 | 670,296 |
Repligen Corp. * | 2,183 | 331,008 |
Sarepta Therapeutics, Inc. * | 4,633 | 568,793 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Seagen, Inc. * | 7,503 | 1,500,600 |
Sotera Health Co. * | 5,517 | 92,520 |
Syneos Health, Inc. * | 970 | 38,082 |
Thermo Fisher Scientific, Inc. | 2,646 | 1,468,265 |
Ultragenyx Pharmaceutical, Inc. * | 2,873 | 125,464 |
Vertex Pharmaceuticals, Inc. * | 13,341 | 4,545,679 |
Waters Corp. * | 3,259 | 978,873 |
West Pharmaceutical Services, Inc. | 4,088 | 1,476,749 |
Zoetis, Inc. | 26,021 | 4,573,971 |
72,763,257 | ||
Real Estate Management & Development 0.1% | ||
CBRE Group, Inc., Class A * | 8,541 | 654,753 |
Opendoor Technologies, Inc. * | 6,600 | 9,108 |
Zillow Group, Inc., Class C * | 749 | 32,611 |
696,472 | ||
Semiconductors & Semiconductor Equipment 8.3% | ||
Advanced Micro Devices, Inc. * | 70,353 | 6,287,448 |
Allegro MicroSystems, Inc. * | 3,643 | 130,310 |
Analog Devices, Inc. | 5,629 | 1,012,545 |
Applied Materials, Inc. | 46,527 | 5,258,947 |
Broadcom, Inc. | 21,826 | 13,673,989 |
Enphase Energy, Inc. * | 7,226 | 1,186,509 |
Entegris, Inc. | 8,179 | 612,771 |
GLOBALFOUNDRIES, Inc. *(a) | 875 | 51,450 |
KLA Corp. | 7,652 | 2,957,804 |
Lam Research Corp. | 7,450 | 3,904,396 |
Lattice Semiconductor Corp. * | 7,471 | 595,439 |
Microchip Technology, Inc. | 25,098 | 1,831,903 |
Micron Technology, Inc. | 11,353 | 730,679 |
Monolithic Power Systems, Inc. | 2,530 | 1,168,784 |
NVIDIA Corp. | 130,759 | 36,284,315 |
ON Semiconductor Corp. * | 14,945 | 1,075,442 |
QUALCOMM, Inc. | 61,944 | 7,235,059 |
Teradyne, Inc. | 7,826 | 715,140 |
Texas Instruments, Inc. | 34,352 | 5,743,654 |
Universal Display Corp. | 2,396 | 319,770 |
90,776,354 | ||
Software & Services 19.2% | ||
Accenture plc, Class A | 35,015 | 9,814,354 |
Adobe, Inc. * | 25,281 | 9,545,094 |
Alteryx, Inc., Class A * | 3,316 | 136,387 |
ANSYS, Inc. * | 2,538 | 796,729 |
AppLovin Corp., Class A * | 12,107 | 205,819 |
Aspen Technology, Inc. * | 1,497 | 264,969 |
Atlassian Corp., Class A * | 8,037 | 1,186,743 |
Autodesk, Inc. * | 12,034 | 2,344,103 |
Bentley Systems, Inc., Class B | 9,354 | 398,106 |
Black Knight, Inc. * | 823 | 44,969 |
Cadence Design Systems, Inc. * | 15,080 | 3,158,506 |
CCC Intelligent Solutions Holdings, Inc. * | 3,482 | 30,224 |
Cloudflare, Inc., Class A * | 15,615 | 734,686 |
Confluent, Inc., Class A * | 6,871 | 151,162 |
Crowdstrike Holdings, Inc., Class A * | 11,900 | 1,428,595 |
Datadog, Inc., Class A * | 14,674 | 988,734 |
DocuSign, Inc. * | 10,908 | 539,291 |
DoubleVerify Holdings, Inc. * | 4,092 | 120,387 |
Dropbox, Inc., Class A * | 13,846 | 281,628 |
Dynatrace, Inc. * | 11,945 | 505,035 |
Elastic N.V. * | 4,299 | 246,118 |
EPAM Systems, Inc. * | 3,032 | 856,358 |
Fair Isaac Corp. * | 1,340 | 975,453 |
Five9, Inc. * | 3,885 | 251,903 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Fortinet, Inc. * | 35,628 | 2,246,345 |
Gartner, Inc. * | 4,233 | 1,280,313 |
Gen Digital, Inc. | 10,893 | 192,479 |
Globant S.A. * | 2,262 | 354,840 |
GoDaddy, Inc., Class A * | 1,185 | 89,681 |
HubSpot, Inc. * | 2,558 | 1,076,790 |
Informatica, Inc., Class A * | 276 | 4,267 |
International Business Machines Corp. | 33,251 | 4,203,259 |
Intuit, Inc. | 15,240 | 6,765,798 |
Jamf Holding Corp. * | 3,159 | 59,768 |
Manhattan Associates, Inc. * | 2,129 | 352,733 |
Microsoft Corp. | 413,284 | 126,985,642 |
MongoDB, Inc. * | 3,662 | 878,733 |
nCino, Inc. * | 804 | 19,883 |
NCR Corp. * | 385 | 8,582 |
New Relic, Inc. * | 2,931 | 209,479 |
Nutanix, Inc., Class A * | 6,558 | 157,261 |
Okta, Inc. * | 1,125 | 77,096 |
Oracle Corp. | 58,080 | 5,501,338 |
Palantir Technologies, Inc., Class A * | 101,630 | 787,632 |
Palo Alto Networks, Inc. * | 16,434 | 2,998,548 |
Pegasystems, Inc. | 2,269 | 103,512 |
Procore Technologies, Inc. * | 2,833 | 151,310 |
PTC, Inc. * | 5,880 | 739,645 |
RingCentral, Inc., Class A * | 4,728 | 130,304 |
Salesforce, Inc. * | 11,381 | 2,257,649 |
SentinelOne, Inc., Class A * | 7,542 | 121,200 |
ServiceNow, Inc. * | 11,214 | 5,151,936 |
Smartsheet, Inc., Class A * | 7,059 | 288,501 |
Snowflake, Inc., Class A * | 16,033 | 2,374,167 |
Splunk, Inc. * | 8,987 | 775,039 |
Synopsys, Inc. * | 8,429 | 3,129,856 |
Teradata Corp. * | 3,013 | 116,633 |
Thoughtworks Holding, Inc. * | 5,012 | 31,225 |
Twilio, Inc., Class A * | 3,650 | 192,026 |
Tyler Technologies, Inc. * | 1,987 | 753,133 |
UiPath, Inc., Class A * | 1,996 | 28,104 |
Unity Software, Inc. * | 8,819 | 237,848 |
VeriSign, Inc. * | 551 | 122,212 |
VMware, Inc., Class A * | 5,756 | 719,673 |
Wix.com Ltd. * | 2,376 | 207,258 |
Workday, Inc., Class A * | 11,042 | 2,055,358 |
Zoom Video Communications, Inc., Class A * | 6,839 | 420,120 |
Zscaler, Inc. * | 4,657 | 419,596 |
209,782,125 | ||
Technology Hardware & Equipment 13.8% | ||
Amphenol Corp., Class A | 24,416 | 1,842,675 |
Apple Inc. | 830,184 | 140,865,621 |
Arista Networks, Inc. * | 13,593 | 2,177,055 |
Arrow Electronics, Inc. * | 148 | 16,936 |
CDW Corp. | 7,459 | 1,264,972 |
Cognex Corp. | 8,906 | 424,727 |
Coherent Corp. * | 1,001 | 34,174 |
Corning, Inc. | 2,450 | 81,389 |
Dell Technologies, Inc., Class C | 2,075 | 90,242 |
HP, Inc. | 25,183 | 748,187 |
Jabil, Inc. | 5,866 | 458,428 |
Keysight Technologies, Inc. * | 9,165 | 1,325,626 |
National Instruments Corp. | 926 | 53,921 |
NetApp, Inc. | 12,090 | 760,340 |
Pure Storage, Inc., Class A * | 15,933 | 363,750 |
Ubiquiti, Inc. | 71 | 16,511 |
Vontier Corp. | 5,372 | 145,742 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Zebra Technologies Corp., Class A * | 1,177 | 339,011 |
151,009,307 | ||
Transportation 2.0% | ||
C.H. Robinson Worldwide, Inc. | 1,727 | 174,203 |
CSX Corp. | 29,257 | 896,434 |
Delta Air Lines, Inc. * | 35,194 | 1,207,506 |
Expeditors International of Washington, Inc. | 2,706 | 308,051 |
GXO Logistics, Inc. * | 626 | 33,259 |
JB Hunt Transport Services, Inc. | 4,044 | 708,873 |
Landstar System, Inc. | 1,743 | 306,820 |
Lyft, Inc., Class A * | 14,452 | 148,133 |
Old Dominion Freight Line, Inc. | 5,484 | 1,757,019 |
RXO, Inc. * | 393 | 7,109 |
Uber Technologies, Inc. * | 91,852 | 2,852,005 |
Union Pacific Corp. | 33,972 | 6,648,320 |
United Parcel Service, Inc., Class B | 36,274 | 6,522,428 |
XPO, Inc. * | 393 | 17,363 |
21,587,523 | ||
Utilities 0.0% | ||
National Fuel Gas Co. | 361 | 20,180 |
The AES Corp. | 6,639 | 157,079 |
Vistra Corp. | 12,562 | 299,729 |
476,988 | ||
Total Common Stocks (Cost $838,243,004) | 1,086,073,138 | |
INVESTMENT COMPANIES 0.1% OF NET ASSETS | ||
Equity Funds 0.1% | ||
iShares Russell 1000 Growth ETF | 4,300 | 1,061,369 |
Total Investment Companies (Cost $1,031,060) | 1,061,369 |
SHORT-TERM INVESTMENTS 0.3% OF NET ASSETS | ||
Money Market Funds 0.3% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 4.76% (c) | 2,431,866 | 2,431,866 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 4.76% (c)(d) | 742,865 | 742,865 |
3,174,731 | ||
Total Short-Term Investments (Cost $3,174,731) | 3,174,731 | |
Total Investments in Securities (Cost $842,448,795) | 1,090,309,238 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
Russell 1000 Growth Index, e-mini, expires 06/16/23 | 23 | 2,872,700 | 39,575 |
S&P 500 Index, e-mini, expires 06/16/23 | 4 | 837,700 | 11,120 |
Net Unrealized Appreciation | 50,695 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $714,099. |
(b) | Issuer is affiliated with the fund’s investment adviser. |
(c) | The rate shown is the annualized 7-day yield. |
(d) | Security purchased with cash collateral received for securities on loan. |
ETF — | Exchange-traded fund |
REIT — | Real Estate Investment Trust |
SECURITY | VALUE AT 10/31/22 | PURCHASES | SALES | REALIZED GAINS (LOSSES) | NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) | VALUE AT 4/30/23 | BALANCE OF SHARES HELD AT 4/30/23 | DIVIDENDS RECEIVED |
COMMON STOCKS 0.2% OF NET ASSETS | ||||||||
Financial Services 0.2% | ||||||||
The Charles Schwab Corp. | $3,444,771 | $443,495 | ($200,424) | ($31,123) | ($1,237,850) | $2,418,869 | 46,303 | $21,169 |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Common Stocks1 | $1,086,073,138 | $— | $— | $1,086,073,138 |
Investment Companies1 | 1,061,369 | — | — | 1,061,369 |
Short-Term Investments1 | 3,174,731 | — | — | 3,174,731 |
Futures Contracts2 | 50,695 | — | — | 50,695 |
Total | $1,090,359,933 | $— | $— | $1,090,359,933 |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - affiliated (cost $3,012,549) | $2,418,869 | |
Investments in securities, at value - unaffiliated (cost $839,436,246) including securities on loan of $714,099 | 1,087,890,369 | |
Deposit with broker for futures contracts | 547,200 | |
Receivables: | ||
Fund shares sold | 921,532 | |
Dividends | 484,535 | |
Variation margin on future contracts | 28,457 | |
Income from securities on loan | + | 3,646 |
Total assets | 1,092,294,608 | |
Liabilities | ||
Collateral held for securities on loan | 742,865 | |
Payables: | ||
Fund shares redeemed | 438,667 | |
Investment adviser fees | + | 29,190 |
Total liabilities | 1,210,722 | |
Net assets | $1,091,083,886 | |
Net Assets by Source | ||
Capital received from investors | $906,332,236 | |
Total distributable earnings | + | 184,751,650 |
Net assets | $1,091,083,886 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$1,091,083,886 | 14,940,152 | $73.03 | ||
For the period November 1, 2022 through April 30, 2023; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $66) | $5,323,681 | |
Dividends received from securities - affiliated | 21,169 | |
Securities on loan, net | + | 17,556 |
Total investment income | 5,362,406 | |
Expenses | ||
Investment adviser fees | 172,728 | |
Total expenses | – | 172,728 |
Net investment income | 5,189,678 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - affiliated | (31,123 ) | |
Net realized losses on sales of securities - unaffiliated | (13,010,428 ) | |
Net realized gains on futures contracts | + | 342,514 |
Net realized losses | (12,699,037 ) | |
Net change in unrealized appreciation (depreciation) on securities - affiliated | (1,237,850 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 121,824,289 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | (60,179 ) |
Net change in unrealized appreciation (depreciation) | + | 120,526,260 |
Net realized and unrealized gains | 107,827,223 | |
Increase in net assets resulting from operations | $113,016,901 |
OPERATIONS | |||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||
Net investment income | $5,189,678 | $7,639,170 | |
Net realized losses | (12,699,037 ) | (43,977,680 ) | |
Net change in unrealized appreciation (depreciation) | + | 120,526,260 | (211,168,941 ) |
Increase (decrease) in net assets resulting from operations | $113,016,901 | ($247,507,451 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($8,433,385 ) | ($16,277,055 ) |
TRANSACTIONS IN FUND SHARES | |||||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 3,606,751 | $243,474,164 | 7,588,954 | $563,493,219 | |
Shares reinvested | 108,233 | 7,134,711 | 157,797 | 14,184,348 | |
Shares redeemed | + | (2,831,605 ) | (193,096,535 ) | (3,565,449 ) | (266,064,240 ) |
Net transactions in fund shares | 883,379 | $57,512,340 | 4,181,302 | $311,613,327 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 14,056,773 | $928,988,030 | 9,875,471 | $881,159,209 | |
Total increase | + | 883,379 | 162,095,856 | 4,181,302 | 47,828,821 |
End of period | 14,940,152 | $1,091,083,886 | 14,056,773 | $928,988,030 |
11/1/22– 4/30/23* | 11/1/21– 10/31/22 | 11/1/20– 10/31/21 | 11/1/19– 10/31/20 | 11/1/18– 10/31/19 | 12/20/171– 10/31/18 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $47.51 | $53.65 | $38.09 | $43.06 | $39.51 | $40.00 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)2 | 0.57 | 1.01 | 0.97 | 1.00 | 1.13 | 0.82 |
Net realized and unrealized gains (losses) | 1.57 | (4.60 ) | 15.47 | (4.07 ) | 3.10 | (1.31 ) |
Total from investment operations | 2.14 | (3.59 ) | 16.44 | (3.07 ) | 4.23 | (0.49 ) |
Less distributions: | ||||||
Distributions from net investment income | (1.03 ) | (0.91 ) | (0.88 ) | (1.06 ) | (0.62 ) | — |
Distributions from net realized gains | (0.06 ) | (1.64 ) | — | (0.84 ) | (0.06 ) | — |
Total distributions | (1.09 ) | (2.55 ) | (0.88 ) | (1.90 ) | (0.68 ) | — |
Net asset value at end of period | $48.56 | $47.51 | $53.65 | $38.09 | $43.06 | $39.51 |
Total return | 4.54 %3 | (7.04 %) | 43.70 % | (7.69 %) | 11.08 % | (1.23 %)3 |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.035 %4 | 0.035 %5 | 0.035 % | 0.035 % | 0.035 %6 | 0.040 %4,7 |
Net operating expenses | N/A | N/A | N/A | N/A | N/A | 0.02 %4,7 |
Net investment income (loss) | 2.39 %4 | 2.05 % | 1.97 % | 2.57 % | 2.79 % | 2.36 %4 |
Portfolio turnover rate | 13 %3 | 15 %8 | 20 % | 50 % | 22 % | 22 %3 |
Net assets, end of period (x 1,000) | $628,211 | $647,796 | $575,972 | $331,322 | $212,213 | $69,749 |
* | Unaudited. |
1 | Commencement of operations. |
2 | Calculated based on the average shares outstanding during the period. |
3 | Not annualized. |
4 | Annualized. |
5 | Ratio includes less than 0.0005% of non-routine proxy expenses. |
6 | Effective December 20, 2018, the annual operating expense ratio was reduced to 0.035%. The ratio presented for period ended 10/31/19 is a blended ratio. |
7 | The investment adviser voluntarily agreed to waive the fund’s management fees to 0.00% beginning with the fund’s commencement of operations through June 30, 2018. The ratio presented for period ended 10/31/18 is a blended ratio. |
8 | Portfolio turnover rate excludes in-kind transactions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.5% OF NET ASSETS | ||
Automobiles & Components 0.8% | ||
Aptiv plc * | 6,788 | 698,214 |
BorgWarner, Inc. | 7,826 | 376,665 |
Ford Motor Co. | 132,199 | 1,570,524 |
General Motors Co. | 46,653 | 1,541,415 |
Gentex Corp. | 7,853 | 216,664 |
Harley-Davidson, Inc. | 4,496 | 166,802 |
Lear Corp. | 1,973 | 251,873 |
Lucid Group, Inc. *(a) | 1,265 | 10,044 |
QuantumScape Corp. *(a) | 8,582 | 60,074 |
Rivian Automotive, Inc., Class A * | 17,456 | 223,786 |
Thor Industries, Inc. | 1,722 | 136,073 |
5,252,134 | ||
Banks 6.4% | ||
Bank of America Corp. | 235,627 | 6,899,159 |
Bank of Hawaii Corp. | 1,312 | 63,540 |
Bank OZK | 3,732 | 133,307 |
BOK Financial Corp. | 981 | 82,276 |
Citigroup, Inc. | 64,941 | 3,056,773 |
Citizens Financial Group, Inc. | 16,372 | 506,550 |
Columbia Banking System, Inc. | 6,978 | 149,050 |
Comerica, Inc. | 4,389 | 190,351 |
Commerce Bancshares, Inc. | 3,803 | 212,398 |
Cullen/Frost Bankers, Inc. | 1,951 | 215,098 |
East West Bancorp, Inc. | 4,754 | 245,734 |
F.N.B. Corp. | 12,022 | 138,013 |
Fifth Third Bancorp | 22,839 | 598,382 |
First Citizens BancShares, Inc., Class A | 278 | 279,996 |
First Hawaiian, Inc. | 4,244 | 81,103 |
First Horizon Corp. | 17,782 | 312,074 |
First Republic Bank (b) | 6,156 | 21,608 |
Huntington Bancshares, Inc. | 48,110 | 538,832 |
JPMorgan Chase & Co. | 97,854 | 13,527,337 |
KeyCorp | 31,177 | 351,053 |
M&T Bank Corp. | 5,764 | 725,111 |
New York Community Bancorp, Inc. | 22,380 | 239,242 |
PacWest Bancorp | 3,856 | 39,138 |
Pinnacle Financial Partners, Inc. | 2,502 | 135,683 |
Popular, Inc. | 2,376 | 142,584 |
Prosperity Bancshares, Inc. | 2,923 | 183,038 |
Regions Financial Corp. | 31,330 | 572,086 |
Synovus Financial Corp. | 4,816 | 148,333 |
The PNC Financial Services Group, Inc. | 13,505 | 1,759,026 |
Truist Financial Corp. | 44,597 | 1,452,970 |
U.S. Bancorp | 46,388 | 1,590,181 |
Webster Financial Corp. | 5,798 | 216,265 |
Wells Fargo & Co. | 128,691 | 5,115,467 |
Western Alliance Bancorp | 1,359 | 50,446 |
Wintrust Financial Corp. | 1,999 | 136,672 |
Zions Bancorp NA | 4,947 | 137,823 |
40,246,699 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Capital Goods 8.1% | ||
3M Co. | 18,496 | 1,964,645 |
A.O. Smith Corp. | 3,172 | 216,616 |
Acuity Brands, Inc. | 1,070 | 168,397 |
AECOM | 4,150 | 344,658 |
AGCO Corp. | 1,801 | 223,216 |
Air Lease Corp. | 3,465 | 139,362 |
Allegion plc | 620 | 68,498 |
Allison Transmission Holdings, Inc. | 629 | 30,689 |
AMETEK, Inc. | 7,727 | 1,065,785 |
Armstrong World Industries, Inc. | 633 | 43,462 |
Axon Enterprise, Inc. * | 513 | 108,094 |
Builders FirstSource, Inc. * | 4,873 | 461,814 |
BWX Technologies, Inc. | 1,876 | 121,152 |
Carlisle Cos., Inc. | 274 | 59,143 |
Carrier Global Corp. | 28,013 | 1,171,504 |
Caterpillar, Inc. | 2,252 | 492,738 |
Core & Main, Inc., Class A * | 1,639 | 42,712 |
Crane Co. * | 1,571 | 113,222 |
Crane Holdings Co. | 1,571 | 74,403 |
Cummins, Inc. | 4,725 | 1,110,564 |
Curtiss-Wright Corp. | 1,289 | 218,911 |
Donaldson Co., Inc. | 3,397 | 215,879 |
Dover Corp. | 4,696 | 686,367 |
Eaton Corp. plc | 13,391 | 2,237,904 |
Emerson Electric Co. | 12,978 | 1,080,548 |
Esab Corp. | 1,911 | 111,526 |
Flowserve Corp. | 4,341 | 144,946 |
Fortive Corp. | 11,870 | 748,878 |
Fortune Brands Innovations, Inc. | 2,794 | 180,744 |
Gates Industrial Corp. plc * | 3,656 | 49,246 |
General Dynamics Corp. | 8,160 | 1,781,654 |
General Electric Co. | 34,320 | 3,396,650 |
Graco, Inc. | 1,753 | 138,995 |
Hayward Holdings, Inc. * | 2,192 | 26,392 |
HEICO Corp. | 98 | 16,527 |
HEICO Corp., Class A | 162 | 21,745 |
Hexcel Corp. | 2,798 | 201,680 |
Honeywell International, Inc. | 15,963 | 3,190,046 |
Howmet Aerospace, Inc. | 11,215 | 496,712 |
Hubbell, Inc. | 1,795 | 483,429 |
Huntington Ingalls Industries, Inc. | 1,026 | 206,903 |
IDEX Corp. | 2,093 | 431,828 |
Illinois Tool Works, Inc. | 1,039 | 251,376 |
Ingersoll Rand, Inc. | 13,616 | 776,384 |
ITT, Inc. | 2,792 | 235,757 |
Johnson Controls International plc | 23,091 | 1,381,765 |
L3Harris Technologies, Inc. | 6,372 | 1,243,496 |
Lennox International, Inc. | 1,071 | 301,926 |
Masco Corp. | 7,167 | 383,506 |
MasTec, Inc. * | 2,035 | 180,728 |
Masterbrand, Inc. * | 2,867 | 23,137 |
MDU Resources Group, Inc. | 6,738 | 196,884 |
Mercury Systems, Inc. * | 1,638 | 78,083 |
MSC Industrial Direct Co., Inc., Class A | 1,557 | 141,267 |
Nordson Corp. | 1,469 | 317,759 |
Northrop Grumman Corp. | 4,270 | 1,969,623 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
nVent Electric plc | 5,518 | 231,370 |
Oshkosh Corp. | 2,192 | 167,732 |
Otis Worldwide Corp. | 12,272 | 1,046,802 |
Owens Corning | 3,127 | 333,995 |
PACCAR, Inc. | 17,155 | 1,281,307 |
Parker-Hannifin Corp. | 3,316 | 1,077,302 |
Pentair plc | 5,516 | 320,369 |
Plug Power, Inc. *(a) | 8,716 | 78,706 |
Quanta Services, Inc. | 2,167 | 367,610 |
Raytheon Technologies Corp. | 49,311 | 4,926,169 |
Regal Rexnord Corp. | 2,187 | 284,660 |
Rockwell Automation, Inc. | 1,252 | 354,829 |
Sensata Technologies Holding plc | 5,056 | 219,683 |
SiteOne Landscape Supply, Inc. * | 588 | 86,871 |
Snap-on, Inc. | 1,763 | 457,340 |
Spirit AeroSystems Holdings, Inc., Class A | 177 | 5,268 |
Stanley Black & Decker, Inc. | 4,954 | 427,728 |
Sunrun, Inc. * | 6,951 | 146,249 |
Textron, Inc. | 6,989 | 467,844 |
The AZEK Co., Inc. * | 3,755 | 101,911 |
The Boeing Co. * | 12,807 | 2,648,231 |
The Middleby Corp. * | 1,666 | 234,706 |
The Timken Co. | 2,040 | 156,774 |
Trane Technologies plc | 3,226 | 599,423 |
TransDigm Group, Inc. | 1,055 | 807,075 |
United Rentals, Inc. | 1,266 | 457,165 |
Univar Solutions, Inc. * | 5,364 | 190,422 |
Valmont Industries, Inc. | 603 | 175,208 |
Vertiv Holdings Co. | 8,502 | 126,850 |
Watsco, Inc. | 522 | 180,810 |
WESCO International, Inc. | 708 | 101,952 |
Westinghouse Air Brake Technologies Corp. | 6,070 | 592,857 |
WillScot Mobile Mini Holdings Corp. * | 3,173 | 144,054 |
Woodward, Inc. | 1,945 | 186,759 |
Xylem, Inc. | 5,163 | 536,126 |
51,092,032 | ||
Commercial & Professional Services 1.1% | ||
Automatic Data Processing, Inc. | 1,145 | 251,900 |
Broadridge Financial Solutions, Inc. | 364 | 52,929 |
CACI International, Inc., Class A * | 775 | 242,823 |
Ceridian HCM Holding, Inc. * | 3,707 | 235,320 |
Cintas Corp. | 196 | 89,331 |
Clarivate plc * | 15,758 | 139,616 |
Clean Harbors, Inc. * | 1,714 | 248,804 |
Concentrix Corp. | 1,419 | 136,948 |
CoStar Group, Inc. * | 11,585 | 891,466 |
Driven Brands Holdings, Inc. * | 1,934 | 59,374 |
Dun & Bradstreet Holdings, Inc. | 8,364 | 93,426 |
Equifax, Inc. | 2,038 | 424,678 |
FTI Consulting, Inc. * | 657 | 118,588 |
Genpact Ltd. | 2,839 | 126,477 |
Jacobs Solutions, Inc. | 4,222 | 487,472 |
KBR, Inc. | 1,614 | 91,562 |
Leidos Holdings, Inc. | 4,569 | 426,105 |
ManpowerGroup, Inc. | 1,675 | 126,814 |
MSA Safety, Inc. | 766 | 99,388 |
Paycor HCM, Inc. * | 2,073 | 48,716 |
Republic Services, Inc. | 6,469 | 935,547 |
Ritchie Bros Auctioneers, Inc. | 399 | 22,819 |
Robert Half International, Inc. | 422 | 30,806 |
Rollins, Inc. | 582 | 24,590 |
Science Applications International Corp. | 1,834 | 187,123 |
SS&C Technologies Holdings, Inc. | 7,401 | 433,255 |
Stericycle, Inc. * | 3,060 | 139,689 |
Tetra Tech, Inc. | 1,034 | 143,075 |
TransUnion | 1,708 | 117,527 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Waste Management, Inc. | 872 | 144,796 |
6,570,964 | ||
Consumer Discretionary Distribution & Retail 1.8% | ||
Advance Auto Parts, Inc. | 1,835 | 230,348 |
AutoNation, Inc. * | 1,123 | 147,899 |
AutoZone, Inc. * | 58 | 154,472 |
Bath & Body Works, Inc. | 7,681 | 269,603 |
Best Buy Co., Inc. | 4,559 | 339,737 |
Burlington Stores, Inc. * | 133 | 25,644 |
CarMax, Inc. * | 4,687 | 328,231 |
Dick's Sporting Goods, Inc. | 1,787 | 259,133 |
eBay, Inc. | 15,826 | 734,801 |
GameStop Corp., Class A *(a) | 8,963 | 172,896 |
Genuine Parts Co. | 4,276 | 719,694 |
Kohl's Corp. | 3,675 | 80,960 |
Leslie's, Inc. * | 572 | 6,206 |
Lithia Motors, Inc. | 909 | 200,789 |
LKQ Corp. | 8,377 | 483,604 |
Lowe’s Cos., Inc. | 2,780 | 577,767 |
Macy's, Inc. | 9,005 | 147,142 |
Nordstrom, Inc. | 559 | 8,642 |
Ollie's Bargain Outlet Holdings, Inc. * | 1,996 | 130,239 |
O'Reilly Automotive, Inc. * | 1,230 | 1,128,291 |
Penske Automotive Group, Inc. | 864 | 119,733 |
Petco Health & Wellness Co., Inc. * | 2,727 | 27,161 |
RH * | 381 | 97,204 |
Ross Stores, Inc. | 6,581 | 702,390 |
The Gap, Inc. | 6,430 | 61,728 |
The Home Depot, Inc. | 14,359 | 4,315,454 |
Victoria's Secret & Co. * | 753 | 23,351 |
Wayfair, Inc., Class A * | 958 | 33,367 |
Williams-Sonoma, Inc. | 467 | 56,526 |
11,583,012 | ||
Consumer Durables & Apparel 1.0% | ||
Brunswick Corp. | 1,994 | 169,071 |
Capri Holdings Ltd. * | 4,128 | 171,312 |
Carter's, Inc. | 1,263 | 88,120 |
Columbia Sportswear Co. | 1,203 | 100,499 |
D.R. Horton, Inc. | 5,032 | 552,614 |
Deckers Outdoor Corp. * | 104 | 49,851 |
Garmin Ltd. | 5,167 | 507,244 |
Hanesbrands, Inc. | 11,553 | 60,538 |
Hasbro, Inc. | 4,398 | 260,450 |
Leggett & Platt, Inc. | 4,439 | 143,424 |
Lennar Corp., Class A | 8,408 | 948,506 |
Lennar Corp., Class B | 489 | 47,834 |
Mattel, Inc. * | 6,061 | 109,098 |
Mohawk Industries, Inc. * | 1,759 | 186,278 |
Newell Brands, Inc. | 12,602 | 153,114 |
NVR, Inc. * | 27 | 157,680 |
Peloton Interactive, Inc., Class A * | 10,416 | 92,494 |
Polaris, Inc. | 478 | 51,935 |
PulteGroup, Inc. | 4,642 | 311,710 |
PVH Corp. | 2,102 | 180,373 |
Ralph Lauren Corp. | 1,353 | 155,311 |
Skechers U.S.A., Inc., Class A * | 3,824 | 203,399 |
Tapestry, Inc. | 6,857 | 279,834 |
Tempur Sealy International, Inc. | 5,570 | 208,708 |
Toll Brothers, Inc. | 1,788 | 114,271 |
TopBuild Corp. * | 166 | 37,430 |
Under Armour, Inc., Class A * | 6,404 | 56,803 |
Under Armour, Inc., Class C * | 6,352 | 51,070 |
VF Corp. | 11,756 | 276,384 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Whirlpool Corp. | 1,788 | 249,587 |
5,974,942 | ||
Consumer Services 2.3% | ||
ADT, Inc. | 7,134 | 47,798 |
Aramark | 7,864 | 272,881 |
Boyd Gaming Corp. | 2,548 | 176,831 |
Bright Horizons Family Solutions, Inc. * | 1,372 | 104,437 |
Caesars Entertainment, Inc. * | 2,181 | 98,778 |
Carnival Corp. * | 32,777 | 301,876 |
Darden Restaurants, Inc. | 1,103 | 167,579 |
Domino’s Pizza, Inc. | 316 | 100,321 |
DoorDash, Inc., Class A * | 976 | 59,721 |
Grand Canyon Education, Inc. * | 1,027 | 121,905 |
H&R Block, Inc. | 889 | 30,146 |
Hilton Worldwide Holdings, Inc. | 2,439 | 351,265 |
Hyatt Hotels Corp., Class A * | 1,581 | 180,708 |
Las Vegas Sands Corp. * | 6,950 | 443,758 |
Marriott Vacations Worldwide Corp. | 1,249 | 168,065 |
McDonald’s Corp. | 18,769 | 5,550,932 |
MGM Resorts International | 10,613 | 476,736 |
Mister Car Wash, Inc. * | 726 | 6,403 |
Norwegian Cruise Line Holdings Ltd. * | 12,954 | 172,936 |
Penn Entertainment, Inc. * | 5,163 | 153,806 |
Planet Fitness, Inc., Class A * | 731 | 60,775 |
Royal Caribbean Cruises Ltd. * | 7,382 | 483,004 |
Service Corp. International | 5,018 | 352,213 |
Six Flags Entertainment Corp. * | 1,260 | 30,580 |
Starbucks Corp. | 24,620 | 2,813,820 |
Travel & Leisure Co. | 732 | 28,014 |
Vail Resorts, Inc. | 72 | 17,317 |
Wyndham Hotels & Resorts, Inc. | 894 | 60,989 |
Wynn Resorts Ltd. * | 3,055 | 349,125 |
Yum! Brands, Inc. | 8,367 | 1,176,233 |
14,358,952 | ||
Consumer Staples Distribution & Retail 1.9% | ||
Albertsons Cos., Inc., Class A | 7,817 | 163,375 |
BJ's Wholesale Club Holdings, Inc. * | 1,666 | 127,232 |
Casey's General Stores, Inc. | 1,242 | 284,194 |
Dollar Tree, Inc. * | 4,829 | 742,266 |
Grocery Outlet Holding Corp. * | 2,760 | 82,193 |
Performance Food Group Co. * | 3,507 | 219,854 |
Target Corp. | 6,975 | 1,100,306 |
The Kroger Co. | 21,981 | 1,068,936 |
U.S. Foods Holding Corp. * | 6,744 | 258,970 |
Walgreens Boots Alliance, Inc. | 24,049 | 847,727 |
Walmart, Inc. | 47,684 | 7,198,854 |
12,093,907 | ||
Energy 8.0% | ||
Antero Midstream Corp. | 11,356 | 122,191 |
Antero Resources Corp. * | 3,355 | 77,131 |
APA Corp. | 10,750 | 396,138 |
Baker Hughes Co. | 31,567 | 923,019 |
Cheniere Energy, Inc. | 3,546 | 542,538 |
Chesapeake Energy Corp. | 4,058 | 335,515 |
Chevron Corp. | 64,883 | 10,937,976 |
ConocoPhillips | 41,069 | 4,225,589 |
Coterra Energy, Inc. | 22,017 | 563,635 |
Devon Energy Corp. | 11,141 | 595,264 |
Diamondback Energy, Inc. | 2,579 | 366,734 |
DTE Midstream LLC * | 3,234 | 159,339 |
EOG Resources, Inc. | 5,276 | 630,324 |
EQT Corp. | 12,353 | 430,379 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Exxon Mobil Corp. | 138,250 | 16,360,505 |
Halliburton Co. | 16,472 | 539,458 |
Hess Corp. | 2,047 | 296,938 |
HF Sinclair Corp. | 4,513 | 199,068 |
Kinder Morgan, Inc. | 66,613 | 1,142,413 |
Marathon Oil Corp. | 21,218 | 512,627 |
Marathon Petroleum Corp. | 15,201 | 1,854,522 |
NOV, Inc. | 13,128 | 219,894 |
Occidental Petroleum Corp. | 4,631 | 284,945 |
ONEOK, Inc. | 13,212 | 864,197 |
Ovintiv, Inc. | 2,380 | 85,870 |
PDC Energy, Inc. | 1,373 | 89,314 |
Phillips 66 | 15,624 | 1,546,776 |
Pioneer Natural Resources Co. | 3,587 | 780,352 |
Range Resources Corp. | 2,658 | 70,304 |
Schlumberger Ltd. | 47,376 | 2,338,006 |
Southwestern Energy Co. * | 34,441 | 178,749 |
The Williams Cos., Inc. | 40,829 | 1,235,486 |
Valero Energy Corp. | 12,899 | 1,479,128 |
Vitesse Energy, Inc. | 796 | 14,646 |
50,398,970 | ||
Equity Real Estate Investment Trusts (REITs) 4.3% | ||
Alexandria Real Estate Equities, Inc. | 5,758 | 715,028 |
American Homes 4 Rent, Class A | 10,316 | 343,110 |
American Tower Corp. | 3,626 | 741,118 |
Americold Realty Trust, Inc. | 8,994 | 266,133 |
Apartment Income REIT Corp. | 4,593 | 169,849 |
AvalonBay Communities, Inc. | 4,681 | 844,312 |
Boston Properties, Inc. | 5,266 | 280,994 |
Brixmor Property Group, Inc. | 9,962 | 212,490 |
Camden Property Trust | 3,184 | 350,399 |
Cousins Properties, Inc. | 5,028 | 109,661 |
CubeSmart | 7,497 | 341,039 |
Digital Realty Trust, Inc. | 9,616 | 953,426 |
Douglas Emmett, Inc. | 5,741 | 73,944 |
EastGroup Properties, Inc. | 1,374 | 228,853 |
EPR Properties | 2,499 | 104,858 |
Equinix, Inc. | 762 | 551,749 |
Equity LifeStyle Properties, Inc. | 2,294 | 158,057 |
Equity Residential | 12,410 | 784,933 |
Essex Property Trust, Inc. | 2,154 | 473,298 |
Extra Space Storage, Inc. | 3,912 | 594,781 |
Federal Realty Investment Trust | 2,689 | 265,915 |
First Industrial Realty Trust, Inc. | 4,399 | 230,816 |
Gaming & Leisure Properties, Inc. | 8,187 | 425,724 |
Healthcare Realty Trust, Inc. | 12,687 | 250,949 |
Healthpeak Properties, Inc. | 18,343 | 402,996 |
Highwoods Properties, Inc. | 3,443 | 78,914 |
Host Hotels & Resorts, Inc. | 23,760 | 384,199 |
Hudson Pacific Properties, Inc. | 4,661 | 25,915 |
Invitation Homes, Inc. | 20,452 | 682,483 |
Iron Mountain, Inc. | 2,445 | 135,062 |
JBG SMITH Properties | 3,523 | 50,273 |
Kilroy Realty Corp. | 3,879 | 113,422 |
Kimco Realty Corp. | 20,274 | 389,058 |
Lamar Advertising Co., Class A | 352 | 37,199 |
Life Storage, Inc. | 2,820 | 378,952 |
Medical Properties Trust, Inc. | 19,924 | 174,734 |
Mid-America Apartment Communities, Inc. | 3,847 | 591,669 |
National Retail Properties, Inc. | 6,054 | 263,349 |
National Storage Affiliates Trust | 2,868 | 110,561 |
Omega Healthcare Investors, Inc. | 7,912 | 211,725 |
Park Hotels & Resorts, Inc. | 7,541 | 90,869 |
Prologis, Inc. | 30,879 | 3,867,595 |
Public Storage | 1,080 | 318,416 |
Rayonier, Inc. | 4,861 | 152,441 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Realty Income Corp. | 21,036 | 1,321,902 |
Regency Centers Corp. | 5,745 | 352,915 |
Rexford Industrial Realty, Inc. | 6,564 | 366,074 |
SBA Communications Corp. | 2,760 | 720,056 |
Simon Property Group, Inc. | 5,629 | 637,878 |
SL Green Realty Corp. | 2,187 | 51,766 |
Spirit Realty Capital, Inc. | 4,645 | 178,647 |
Sun Communities, Inc. | 4,077 | 566,418 |
UDR, Inc. | 10,991 | 454,258 |
Ventas, Inc. | 13,379 | 642,861 |
VICI Properties, Inc. | 33,598 | 1,140,316 |
Vornado Realty Trust | 5,880 | 88,259 |
Welltower, Inc. | 15,856 | 1,256,112 |
Weyerhaeuser Co. | 24,662 | 737,640 |
WP Carey, Inc. | 6,995 | 519,029 |
26,965,399 | ||
Financial Services 10.4% | ||
Affiliated Managers Group, Inc. | 1,250 | 180,475 |
Affirm Holdings, Inc. * | 7,480 | 73,753 |
AGNC Investment Corp. | 19,097 | 189,251 |
Ally Financial, Inc. | 10,008 | 264,011 |
American Express Co. | 18,703 | 3,017,542 |
Ameriprise Financial, Inc. | 1,276 | 389,333 |
Annaly Capital Management, Inc. | 15,700 | 313,686 |
Apollo Global Management, Inc. | 3,855 | 244,368 |
Berkshire Hathaway, Inc., Class B * | 60,525 | 19,885,489 |
BlackRock, Inc. | 4,976 | 3,339,891 |
Block, Inc. * | 17,972 | 1,092,518 |
Capital One Financial Corp. | 12,769 | 1,242,424 |
Cboe Global Markets, Inc. | 3,549 | 495,795 |
CME Group, Inc. | 12,032 | 2,235,185 |
Coinbase Global, Inc., Class A *(a) | 5,360 | 288,314 |
Corebridge Financial, Inc. | 2,644 | 44,578 |
Credit Acceptance Corp. * | 199 | 97,410 |
Discover Financial Services | 8,942 | 925,229 |
Equitable Holdings, Inc. | 12,381 | 321,782 |
Euronet Worldwide, Inc. * | 395 | 43,742 |
Evercore, Inc., Class A | 1,217 | 138,823 |
Fidelity National Information Services, Inc. | 19,880 | 1,167,354 |
Fiserv, Inc. * | 17,950 | 2,192,054 |
Franklin Resources, Inc. | 9,567 | 257,161 |
Global Payments, Inc. | 8,752 | 986,438 |
Interactive Brokers Group, Inc., Class A | 3,105 | 241,724 |
Intercontinental Exchange, Inc. | 18,512 | 2,016,512 |
Invesco Ltd. | 12,477 | 213,731 |
Janus Henderson Group plc | 4,531 | 117,579 |
Jefferies Financial Group, Inc. | 6,655 | 213,160 |
KKR & Co., Inc. | 19,170 | 1,017,352 |
Lazard Ltd., Class A | 2,773 | 86,795 |
MGIC Investment Corp. | 9,956 | 148,046 |
Moody's Corp. | 309 | 96,754 |
Morgan Stanley | 41,361 | 3,721,249 |
Morningstar, Inc. | 77 | 13,730 |
MSCI, Inc. | 643 | 310,215 |
Nasdaq, Inc. | 11,528 | 638,305 |
Northern Trust Corp. | 6,892 | 538,679 |
OneMain Holdings, Inc. | 3,827 | 146,842 |
PayPal Holdings, Inc. * | 26,458 | 2,010,808 |
Raymond James Financial, Inc. | 6,003 | 543,452 |
Rithm Capital Corp. | 14,546 | 118,695 |
Robinhood Markets, Inc., Class A * | 19,176 | 169,708 |
Rocket Cos., Inc., Class A *(a) | 1,726 | 15,379 |
S&P Global, Inc. | 10,795 | 3,914,051 |
SEI Investments Co. | 3,439 | 202,591 |
SLM Corp. | 8,017 | 120,415 |
SoFi Technologies, Inc. * | 26,942 | 167,849 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Starwood Property Trust, Inc. | 9,783 | 175,018 |
State Street Corp. | 11,692 | 844,864 |
Stifel Financial Corp. | 3,426 | 205,457 |
Synchrony Financial | 14,605 | 430,994 |
T. Rowe Price Group, Inc. | 7,375 | 828,434 |
TFS Financial Corp. | 1,649 | 19,854 |
The Bank of New York Mellon Corp. | 24,629 | 1,048,949 |
The Carlyle Group, Inc. | 6,926 | 210,066 |
The Charles Schwab Corp. (c) | 22,508 | 1,175,818 |
The Goldman Sachs Group, Inc. | 11,004 | 3,779,214 |
The Western Union Co. | 8,283 | 90,533 |
Tradeweb Markets, Inc., Class A | 1,340 | 94,349 |
Upstart Holdings, Inc. * | 1,934 | 26,883 |
UWM Holdings Corp. (a) | 281 | 1,686 |
Virtu Financial, Inc., Class A | 3,218 | 64,521 |
Voya Financial, Inc. | 3,251 | 248,636 |
WEX, Inc. * | 402 | 71,295 |
65,526,798 | ||
Food, Beverage & Tobacco 4.3% | ||
Altria Group, Inc. | 60,147 | 2,857,584 |
Archer-Daniels-Midland Co. | 18,334 | 1,431,519 |
Brown-Forman Corp., Class A | 635 | 41,834 |
Brown-Forman Corp., Class B | 2,514 | 163,636 |
Bunge Ltd. | 4,636 | 433,930 |
Campbell Soup Co. | 6,497 | 352,787 |
Conagra Brands, Inc. | 15,775 | 598,819 |
Constellation Brands, Inc., Class A | 5,080 | 1,165,708 |
Darling Ingredients, Inc. * | 4,998 | 297,731 |
Flowers Foods, Inc. | 6,255 | 172,075 |
Freshpet, Inc. * | 679 | 46,831 |
General Mills, Inc. | 19,772 | 1,752,392 |
Hormel Foods Corp. | 9,611 | 388,669 |
Ingredion, Inc. | 2,205 | 234,105 |
Kellogg Co. | 3,854 | 268,893 |
Keurig Dr Pepper, Inc. | 28,754 | 940,256 |
McCormick & Co., Inc. - Non Voting Shares | 8,402 | 738,116 |
Molson Coors Beverage Co., Class B | 5,869 | 349,088 |
Mondelez International, Inc., Class A | 45,728 | 3,508,252 |
Monster Beverage Corp. * | 1,849 | 103,544 |
PepsiCo, Inc. | 7,187 | 1,371,926 |
Philip Morris International, Inc. | 51,985 | 5,196,940 |
Pilgrim's Pride Corp. * | 743 | 16,948 |
Post Holdings, Inc. * | 1,802 | 163,063 |
Seaboard Corp. | 8 | 31,528 |
The Boston Beer Co., Inc., Class A * | 16 | 5,080 |
The Coca-Cola Co. | 32,744 | 2,100,528 |
The Hershey Co. | 654 | 178,581 |
The JM Smucker Co. | 3,454 | 533,332 |
The Kraft Heinz Co. | 23,431 | 920,135 |
Tyson Foods, Inc., Class A | 9,328 | 582,907 |
26,946,737 | ||
Health Care Equipment & Services 6.6% | ||
Abbott Laboratories | 49,932 | 5,515,988 |
Acadia Healthcare Co., Inc. * | 2,975 | 215,063 |
agilon health, Inc. * | 443 | 10,752 |
Align Technology, Inc. * | 655 | 213,071 |
Amedisys, Inc. * | 1,084 | 87,045 |
Baxter International, Inc. | 14,244 | 679,154 |
Becton, Dickinson & Co. | 9,525 | 2,517,553 |
Boston Scientific Corp. * | 47,859 | 2,494,411 |
Cardinal Health, Inc. | 8,634 | 708,851 |
Centene Corp. * | 18,366 | 1,265,968 |
Certara, Inc. * | 1,414 | 34,176 |
Chemed Corp. | 316 | 174,195 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Cigna Corp. | 8,267 | 2,093,948 |
CVS Health Corp. | 43,065 | 3,157,095 |
Definitive Healthcare Corp. * | 621 | 6,645 |
Dentsply Sirona, Inc. | 7,160 | 300,219 |
Doximity, Inc., Class A * | 1,979 | 72,728 |
Elevance Health, Inc. | 5,628 | 2,637,562 |
Encompass Health Corp. | 3,295 | 211,374 |
Enhabit, Inc. * | 1,606 | 19,673 |
Enovis Corp. * | 1,711 | 99,666 |
Envista Holdings Corp. * | 5,479 | 210,887 |
GE Healthcare, Inc. * | 11,559 | 940,209 |
Globus Medical, Inc., Class A * | 2,412 | 140,234 |
HCA Healthcare, Inc. | 6,795 | 1,952,407 |
Henry Schein, Inc. * | 4,533 | 366,312 |
Hologic, Inc. * | 8,150 | 700,981 |
Humana, Inc. | 1,246 | 660,991 |
ICU Medical, Inc. * | 555 | 104,973 |
Integra LifeSciences Holdings Corp. * | 2,412 | 133,432 |
Intuitive Surgical, Inc. * | 936 | 281,942 |
Laboratory Corp. of America Holdings | 2,968 | 672,875 |
Masimo Corp. * | 377 | 71,306 |
McKesson Corp. | 3,695 | 1,345,867 |
Medtronic plc | 44,840 | 4,078,198 |
Molina Healthcare, Inc. * | 428 | 127,497 |
Oak Street Health, Inc. * | 3,925 | 152,957 |
Premier, Inc., Class A | 3,918 | 130,587 |
Quest Diagnostics, Inc. | 3,707 | 514,569 |
QuidelOrtho Corp. * | 1,625 | 146,169 |
STERIS plc | 3,344 | 630,511 |
Stryker Corp. | 5,479 | 1,641,782 |
Tandem Diabetes Care, Inc. * | 150 | 5,937 |
Teladoc Health, Inc. * | 4,839 | 128,379 |
Teleflex, Inc. | 1,572 | 428,401 |
Tenet Healthcare Corp. * | 3,576 | 262,192 |
The Cooper Cos., Inc. | 1,628 | 621,001 |
UnitedHealth Group, Inc. | 2,824 | 1,389,662 |
Universal Health Services, Inc., Class B | 2,079 | 312,578 |
Zimmer Biomet Holdings, Inc. | 7,031 | 973,372 |
41,641,345 | ||
Household & Personal Products 1.5% | ||
Church & Dwight Co., Inc. | 4,459 | 433,058 |
Colgate-Palmolive Co. | 10,690 | 853,062 |
Coty, Inc., Class A * | 11,764 | 139,639 |
Kimberly-Clark Corp. | 4,590 | 665,045 |
Reynolds Consumer Products, Inc. | 1,843 | 51,659 |
Spectrum Brands Holdings, Inc. | 1,345 | 89,442 |
The Clorox Co. | 711 | 117,756 |
The Procter & Gamble Co. | 45,450 | 7,107,471 |
9,457,132 | ||
Insurance 3.4% | ||
Aflac, Inc. | 20,449 | 1,428,363 |
American Financial Group, Inc. | 2,256 | 276,879 |
American International Group, Inc. | 24,928 | 1,322,181 |
Aon plc, Class A | 401 | 130,397 |
Arch Capital Group Ltd. * | 8,010 | 601,311 |
Arthur J. Gallagher & Co. | 6,178 | 1,285,395 |
Assurant, Inc. | 1,668 | 205,381 |
Assured Guaranty Ltd. | 1,939 | 104,454 |
Axis Capital Holdings Ltd. | 2,593 | 146,608 |
Brighthouse Financial, Inc. * | 2,271 | 100,378 |
Brown & Brown, Inc. | 7,323 | 471,528 |
Chubb Ltd. | 13,943 | 2,810,351 |
Cincinnati Financial Corp. | 5,138 | 546,889 |
CNA Financial Corp. | 924 | 35,953 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Erie Indemnity Co., Class A | 220 | 47,813 |
Everest Re Group Ltd. | 902 | 340,956 |
F&G Annuities & Life, Inc. | 557 | 10,210 |
Fidelity National Financial, Inc. | 8,717 | 309,366 |
First American Financial Corp. | 3,365 | 193,858 |
Globe Life, Inc. | 2,999 | 325,451 |
Kemper Corp. | 2,112 | 102,749 |
Lincoln National Corp. | 4,489 | 97,546 |
Loews Corp. | 6,524 | 375,587 |
Markel Corp. * | 342 | 468,037 |
Marsh & McLennan Cos., Inc. | 1,777 | 320,198 |
MetLife, Inc. | 22,158 | 1,358,950 |
Old Republic International Corp. | 9,320 | 235,516 |
Primerica, Inc. | 1,224 | 223,392 |
Principal Financial Group, Inc. | 8,115 | 606,109 |
Prudential Financial, Inc. | 12,345 | 1,074,015 |
Reinsurance Group of America, Inc. | 2,241 | 318,939 |
RenaissanceRe Holdings Ltd. | 658 | 141,740 |
The Allstate Corp. | 8,861 | 1,025,749 |
The Hanover Insurance Group, Inc. | 1,181 | 141,200 |
The Hartford Financial Services Group, Inc. | 10,644 | 755,617 |
The Progressive Corp. | 2,548 | 347,547 |
The Travelers Cos., Inc. | 7,846 | 1,421,224 |
Unum Group | 6,629 | 279,744 |
W.R. Berkley Corp. | 6,905 | 406,843 |
White Mountains Insurance Group Ltd. | 84 | 120,300 |
Willis Towers Watson plc | 3,608 | 835,613 |
21,350,337 | ||
Materials 4.4% | ||
Air Products & Chemicals, Inc. | 7,426 | 2,185,917 |
Albemarle Corp. | 1,904 | 353,116 |
Alcoa Corp. | 5,927 | 220,129 |
Amcor plc | 49,711 | 545,330 |
AptarGroup, Inc. | 2,187 | 259,181 |
Ardagh Metal Packaging S.A. | 3,498 | 14,272 |
Ashland, Inc. | 1,689 | 171,619 |
Avery Dennison Corp. | 1,055 | 184,076 |
Axalta Coating Systems Ltd. * | 5,580 | 176,161 |
Ball Corp. | 6,224 | 330,992 |
Berry Global Group, Inc. | 2,102 | 121,517 |
Celanese Corp. | 3,633 | 385,970 |
Cleveland-Cliffs, Inc. * | 17,167 | 264,029 |
Corteva, Inc. | 23,982 | 1,465,780 |
Crown Holdings, Inc. | 447 | 38,344 |
Dow, Inc. | 23,613 | 1,284,547 |
DuPont de Nemours, Inc. | 15,374 | 1,071,875 |
Eagle Materials, Inc. | 204 | 30,235 |
Eastman Chemical Co. | 4,009 | 337,839 |
Ecolab, Inc. | 969 | 162,637 |
Element Solutions, Inc. | 7,516 | 136,415 |
FMC Corp. | 2,779 | 343,429 |
Freeport-McMoRan, Inc. | 47,802 | 1,812,174 |
Ginkgo Bioworks Holdings, Inc. *(a) | 23,971 | 29,245 |
Graphic Packaging Holding Co. | 2,367 | 58,370 |
Huntsman Corp. | 6,083 | 162,964 |
International Flavors & Fragrances, Inc. | 8,543 | 828,329 |
International Paper Co. | 11,907 | 394,241 |
Linde plc | 13,094 | 4,837,578 |
Louisiana-Pacific Corp. | 2,137 | 127,664 |
LyondellBasell Industries N.V., Class A | 8,613 | 814,876 |
Martin Marietta Materials, Inc. | 1,901 | 690,443 |
NewMarket Corp. | 194 | 77,522 |
Newmont Corp. | 26,643 | 1,262,878 |
Nucor Corp. | 8,594 | 1,273,459 |
Olin Corp. | 4,103 | 227,306 |
Packaging Corp. of America | 3,059 | 413,760 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
PPG Industries, Inc. | 3,704 | 519,523 |
Reliance Steel & Aluminum Co. | 1,956 | 484,697 |
Royal Gold, Inc. | 2,048 | 271,237 |
RPM International, Inc. | 4,062 | 333,206 |
Silgan Holdings, Inc. | 2,801 | 137,977 |
Sonoco Products Co. | 3,274 | 198,470 |
Southern Copper Corp. | 988 | 75,908 |
SSR Mining, Inc. | 6,963 | 99,710 |
Steel Dynamics, Inc. | 5,578 | 579,833 |
The Chemours Co. | 1,962 | 57,035 |
The Mosaic Co. | 9,998 | 428,414 |
The Scotts Miracle-Gro Co. | 903 | 60,330 |
United States Steel Corp. | 7,497 | 171,531 |
Vulcan Materials Co. | 2,273 | 398,048 |
Westlake Corp. | 1,098 | 124,931 |
Westrock Co. | 8,504 | 254,525 |
27,289,594 | ||
Media & Entertainment 6.7% | ||
Activision Blizzard, Inc. * | 26,052 | 2,024,501 |
Alphabet, Inc., Class A * | 26,234 | 2,815,958 |
Alphabet, Inc., Class C * | 22,814 | 2,468,931 |
Altice USA, Inc., Class A * | 6,996 | 24,486 |
AMC Entertainment Holdings, Inc., Class A (a) | 17,163 | 94,396 |
Cable One, Inc. | 74 | 56,122 |
Comcast Corp., Class A | 140,356 | 5,806,528 |
DISH Network Corp., Class A * | 8,323 | 62,506 |
Electronic Arts, Inc. | 8,594 | 1,093,844 |
Fox Corp., Class A | 9,812 | 326,347 |
Fox Corp., Class B | 4,652 | 142,072 |
IAC, Inc. * | 2,561 | 132,583 |
Liberty Broadband Corp., Class A * | 312 | 26,373 |
Liberty Broadband Corp., Class C * | 2,132 | 180,751 |
Liberty Media Corp. - Liberty Formula One, Class A * | 633 | 41,006 |
Liberty Media Corp. - Liberty Formula One, Class C * | 5,968 | 430,830 |
Liberty Media Corp. - Liberty SiriusXM, Class A * | 1,814 | 50,973 |
Liberty Media Corp. - Liberty SiriusXM, Class C * | 3,717 | 103,853 |
Live Nation Entertainment, Inc. * | 2,602 | 176,364 |
Madison Square Garden Sports Corp. | 310 | 62,155 |
Match Group, Inc. * | 567 | 20,922 |
Meta Platforms, Inc., Class A * | 58,753 | 14,119,521 |
Netflix, Inc. * | 8,063 | 2,660,226 |
News Corp., Class A | 12,791 | 225,250 |
News Corp., Class B | 3,949 | 70,095 |
Nexstar Media Group, Inc., Class A | 1,102 | 191,142 |
Omnicom Group, Inc. | 6,724 | 608,993 |
Paramount Global, Class A | 275 | 7,277 |
Paramount Global, Class B | 19,377 | 452,065 |
Pinterest, Inc., Class A * | 15,714 | 361,422 |
Playtika Holding Corp. * | 295 | 2,950 |
Roku, Inc. * | 2,913 | 163,740 |
Sirius XM Holdings, Inc. (a) | 23,352 | 88,738 |
Take-Two Interactive Software, Inc. * | 946 | 117,578 |
The Interpublic Group of Cos., Inc. | 13,017 | 465,097 |
The New York Times Co., Class A | 5,464 | 217,194 |
The Walt Disney Co. * | 57,037 | 5,846,292 |
TripAdvisor, Inc. * | 3,102 | 54,998 |
Warner Bros Discovery, Inc. * | 21,043 | 286,395 |
42,080,474 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Pharmaceuticals, Biotechnology & Life Sciences 9.8% | ||
10X Genomics, Inc., Class A * | 323 | 16,935 |
Agilent Technologies, Inc. | 1,006 | 136,243 |
Amgen, Inc. | 2,866 | 687,095 |
Avantor, Inc. * | 1,468 | 28,597 |
Azenta, Inc. * | 2,290 | 99,592 |
Biogen, Inc. * | 4,804 | 1,461,521 |
BioMarin Pharmaceutical, Inc. * | 6,184 | 593,911 |
Bio-Rad Laboratories, Inc., Class A * | 718 | 323,667 |
Bristol-Myers Squibb Co. | 71,451 | 4,770,783 |
Catalent, Inc. * | 4,083 | 204,640 |
Charles River Laboratories International, Inc. * | 115 | 21,864 |
Danaher Corp. | 20,238 | 4,794,585 |
Elanco Animal Health, Inc. * | 14,858 | 140,705 |
Eli Lilly & Co. | 5,258 | 2,081,432 |
Exact Sciences Corp. * | 4,806 | 307,920 |
Exelixis, Inc. * | 1,481 | 27,102 |
Gilead Sciences, Inc. | 42,111 | 3,461,945 |
Horizon Therapeutics plc * | 516 | 57,359 |
Illumina, Inc. * | 5,269 | 1,083,096 |
Incyte Corp. * | 837 | 62,281 |
Ionis Pharmaceuticals, Inc. * | 364 | 12,875 |
Jazz Pharmaceuticals plc * | 2,068 | 290,492 |
Johnson & Johnson | 88,294 | 14,453,728 |
Merck & Co., Inc. | 49,308 | 5,693,595 |
Mirati Therapeutics, Inc. * | 1,482 | 65,667 |
Moderna, Inc. * | 10,463 | 1,390,428 |
Natera, Inc. * | 231 | 11,716 |
Organon & Co. | 8,510 | 209,601 |
PerkinElmer, Inc. | 4,226 | 551,451 |
Perrigo Co., plc | 4,479 | 166,574 |
Pfizer, Inc. | 189,618 | 7,374,244 |
QIAGEN N.V. * | 7,603 | 339,170 |
Regeneron Pharmaceuticals, Inc. * | 2,969 | 2,380,514 |
Repligen Corp. * | 539 | 81,729 |
Royalty Pharma plc, Class A | 12,468 | 438,250 |
Syneos Health, Inc. * | 2,851 | 111,930 |
Thermo Fisher Scientific, Inc. | 11,524 | 6,394,668 |
Ultragenyx Pharmaceutical, Inc. * | 479 | 20,918 |
United Therapeutics Corp. * | 1,496 | 344,274 |
Vertex Pharmaceuticals, Inc. * | 479 | 163,210 |
Viatris, Inc. | 40,631 | 379,087 |
61,235,394 | ||
Real Estate Management & Development 0.2% | ||
CBRE Group, Inc., Class A * | 5,400 | 413,964 |
Jones Lang LaSalle, Inc. * | 1,601 | 222,603 |
Opendoor Technologies, Inc. * | 10,977 | 15,148 |
The Howard Hughes Corp. * | 1,240 | 95,939 |
WeWork, Inc., Class A * | 7,300 | 3,077 |
Zillow Group, Inc., Class A * | 1,762 | 75,378 |
Zillow Group, Inc., Class C * | 4,977 | 216,699 |
1,042,808 | ||
Semiconductors & Semiconductor Equipment 2.4% | ||
Advanced Micro Devices, Inc. * | 11,488 | 1,026,683 |
Analog Devices, Inc. | 13,552 | 2,437,734 |
Cirrus Logic, Inc. * | 1,827 | 156,738 |
First Solar, Inc. * | 3,559 | 649,802 |
GLOBALFOUNDRIES, Inc. *(a) | 1,621 | 95,315 |
Intel Corp. | 138,901 | 4,314,265 |
Marvell Technology, Inc. | 28,449 | 1,123,167 |
Microchip Technology, Inc. | 2,594 | 189,336 |
Micron Technology, Inc. | 29,540 | 1,901,194 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
MKS Instruments, Inc. | 1,912 | 160,359 |
ON Semiconductor Corp. * | 5,471 | 393,693 |
Qorvo, Inc. * | 3,345 | 308,008 |
Skyworks Solutions, Inc. | 5,325 | 563,917 |
Teradyne, Inc. | 495 | 45,233 |
Texas Instruments, Inc. | 9,590 | 1,603,448 |
Wolfspeed, Inc. * | 4,138 | 192,624 |
15,161,516 | ||
Software & Services 2.6% | ||
Akamai Technologies, Inc. * | 5,196 | 425,916 |
Amdocs Ltd. | 3,982 | 363,357 |
ANSYS, Inc. * | 1,380 | 433,210 |
Bill.com Holdings, Inc. * | 3,322 | 255,163 |
Black Knight, Inc. * | 4,699 | 256,753 |
CCC Intelligent Solutions Holdings, Inc. * | 3,506 | 30,432 |
Cognizant Technology Solutions Corp., Class A | 17,206 | 1,027,370 |
Dolby Laboratories, Inc., Class A | 1,977 | 165,455 |
DoubleVerify Holdings, Inc. * | 350 | 10,297 |
Dropbox, Inc., Class A * | 632 | 12,855 |
DXC Technology Co. * | 7,691 | 183,430 |
Gen Digital, Inc. | 11,767 | 207,923 |
GoDaddy, Inc., Class A * | 4,522 | 342,225 |
Guidewire Software, Inc. * | 2,758 | 210,132 |
Informatica, Inc., Class A * | 975 | 15,073 |
International Business Machines Corp. | 10,024 | 1,267,134 |
Jamf Holding Corp. * | 350 | 6,622 |
Kyndryl Holdings, Inc. * | 6,889 | 99,615 |
Manhattan Associates, Inc. * | 798 | 132,213 |
nCino, Inc. * | 1,900 | 46,987 |
NCR Corp. * | 4,078 | 90,899 |
Nutanix, Inc., Class A * | 3,720 | 89,206 |
Okta, Inc. * | 4,386 | 300,573 |
Oracle Corp. | 16,048 | 1,520,067 |
Procore Technologies, Inc. * | 664 | 35,464 |
Roper Technologies, Inc. | 3,540 | 1,609,921 |
Salesforce, Inc. * | 25,377 | 5,034,035 |
SentinelOne, Inc., Class A * | 1,953 | 31,385 |
Snowflake, Inc., Class A * | 664 | 98,325 |
Teradata Corp. * | 1,588 | 61,471 |
Twilio, Inc., Class A * | 3,623 | 190,606 |
Tyler Technologies, Inc. * | 176 | 66,709 |
UiPath, Inc., Class A * | 11,424 | 160,850 |
Unity Software, Inc. * | 2,577 | 69,502 |
VeriSign, Inc. * | 2,777 | 615,939 |
VMware, Inc., Class A * | 3,672 | 459,110 |
Wix.com Ltd. * | 402 | 35,066 |
Zoom Video Communications, Inc., Class A * | 4,071 | 250,082 |
16,211,372 | ||
Technology Hardware & Equipment 2.4% | ||
Amphenol Corp., Class A | 4,834 | 364,822 |
Arrow Electronics, Inc. * | 1,841 | 210,665 |
Avnet, Inc. | 3,027 | 124,894 |
Ciena Corp. * | 4,926 | 226,793 |
Cisco Systems, Inc. | 137,869 | 6,514,310 |
Cognex Corp. | 404 | 19,267 |
Coherent Corp. * | 3,327 | 113,584 |
Corning, Inc. | 23,213 | 771,136 |
Dell Technologies, Inc., Class C | 6,720 | 292,253 |
F5, Inc. * | 1,997 | 268,317 |
Hewlett Packard Enterprise Co. | 43,074 | 616,820 |
HP, Inc. | 17,808 | 529,076 |
IPG Photonics Corp. * | 1,092 | 125,558 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Jabil, Inc. | 792 | 61,895 |
Juniper Networks, Inc. | 10,722 | 323,268 |
Keysight Technologies, Inc. * | 450 | 65,088 |
Littelfuse, Inc. | 807 | 195,488 |
Lumentum Holdings, Inc. * | 2,267 | 109,383 |
Motorola Solutions, Inc. | 5,519 | 1,608,236 |
National Instruments Corp. | 3,826 | 222,788 |
TD SYNNEX Corp. | 1,554 | 138,368 |
Teledyne Technologies, Inc. * | 1,553 | 643,563 |
Trimble, Inc. * | 8,259 | 388,999 |
Ubiquiti, Inc. | 100 | 23,255 |
ViaSat, Inc. * | 2,422 | 84,843 |
Vontier Corp. | 2,016 | 54,694 |
Western Digital Corp. * | 10,681 | 367,854 |
Zebra Technologies Corp., Class A * | 1,021 | 294,078 |
14,759,295 | ||
Telecommunication Services 2.0% | ||
AT&T, Inc. | 240,198 | 4,244,299 |
Frontier Communications Parent, Inc. * | 8,205 | 184,941 |
Lumen Technologies, Inc. | 34,276 | 81,234 |
T-Mobile US, Inc. * | 19,676 | 2,831,376 |
Verizon Communications, Inc. | 141,012 | 5,475,496 |
12,817,346 | ||
Transportation 1.5% | ||
Alaska Air Group, Inc. * | 4,198 | 182,445 |
American Airlines Group, Inc. * | 21,713 | 296,165 |
Avis Budget Group, Inc. * | 853 | 150,700 |
C.H. Robinson Worldwide, Inc. | 2,846 | 287,076 |
Copa Holdings S.A., Class A | 947 | 85,533 |
CSX Corp. | 52,724 | 1,615,463 |
Expeditors International of Washington, Inc. | 3,677 | 418,590 |
FedEx Corp. | 7,842 | 1,786,251 |
GXO Logistics, Inc. * | 3,140 | 166,828 |
Hertz Global Holdings, Inc. * | 6,108 | 101,882 |
JB Hunt Transport Services, Inc. | 298 | 52,236 |
JetBlue Airways Corp. * | 10,643 | 75,991 |
Kirby Corp. * | 1,988 | 142,818 |
Knight-Swift Transportation Holdings, Inc. | 5,234 | 294,779 |
Landstar System, Inc. | 131 | 23,060 |
Lyft, Inc., Class A * | 2,103 | 21,556 |
Norfolk Southern Corp. | 7,627 | 1,548,510 |
RXO, Inc. * | 3,477 | 62,899 |
Ryder System, Inc. | 1,620 | 128,239 |
Schneider National, Inc., Class B | 1,836 | 48,048 |
Southwest Airlines Co. | 19,855 | 601,408 |
Uber Technologies, Inc. * | 8,627 | 267,868 |
U-Haul Holding Co. | 301 | 18,379 |
U-Haul Holding Co. - Non Voting | 2,698 | 145,962 |
United Airlines Holdings, Inc. * | 10,933 | 478,865 |
United Parcel Service, Inc., Class B | 2,664 | 479,014 |
XPO, Inc. * | 3,190 | 140,934 |
9,621,499 | ||
Utilities 5.6% | ||
Alliant Energy Corp. | 8,404 | 463,397 |
Ameren Corp. | 8,626 | 767,455 |
American Electric Power Co., Inc. | 17,244 | 1,593,690 |
American Water Works Co., Inc. | 6,466 | 958,585 |
Atmos Energy Corp. | 4,767 | 544,105 |
Avangrid, Inc. | 2,393 | 96,342 |
Brookfield Renewable Corp., Class A | 4,306 | 143,863 |
CenterPoint Energy, Inc. | 21,116 | 643,405 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
CMS Energy Corp. | 9,705 | 604,233 |
Consolidated Edison, Inc. | 11,893 | 1,171,104 |
Constellation Energy Corp. | 10,944 | 847,066 |
Dominion Energy, Inc. | 27,919 | 1,595,292 |
DTE Energy Co. | 6,468 | 727,068 |
Duke Energy Corp. | 25,831 | 2,554,169 |
Edison International | 12,601 | 927,434 |
Entergy Corp. | 6,805 | 732,082 |
Essential Utilities, Inc. | 7,759 | 331,309 |
Evergy, Inc. | 7,453 | 462,906 |
Eversource Energy | 11,555 | 896,784 |
Exelon Corp. | 33,298 | 1,413,167 |
FirstEnergy Corp. | 18,204 | 724,519 |
Hawaiian Electric Industries, Inc. | 3,627 | 142,215 |
IDACORP, Inc. | 1,679 | 186,570 |
National Fuel Gas Co. | 2,687 | 150,203 |
NextEra Energy, Inc. | 66,622 | 5,105,244 |
NiSource, Inc. | 13,614 | 387,454 |
NRG Energy, Inc. | 7,138 | 243,905 |
OGE Energy Corp. | 6,676 | 250,617 |
PG&E Corp. * | 55,183 | 944,181 |
Pinnacle West Capital Corp. | 3,773 | 296,030 |
PPL Corp. | 24,703 | 709,470 |
Public Service Enterprise Group, Inc. | 16,689 | 1,054,745 |
Sempra Energy | 10,550 | 1,640,419 |
The AES Corp. | 18,340 | 433,924 |
The Southern Co. | 36,474 | 2,682,663 |
UGI Corp. | 7,007 | 237,397 |
Vistra Corp. | 5,606 | 133,759 |
WEC Energy Group, Inc. | 10,575 | 1,016,998 |
Xcel Energy, Inc. | 18,283 | 1,278,165 |
35,091,934 | ||
Total Common Stocks (Cost $506,745,151) | 624,770,592 | |
INVESTMENT COMPANIES 0.1% OF NET ASSETS | ||
Equity Funds 0.1% | ||
iShares Russell 1000 Value ETF | 4,500 | 695,835 |
Total Investment Companies (Cost $677,077) | 695,835 |
SHORT-TERM INVESTMENTS 0.4% OF NET ASSETS | ||
Money Market Funds 0.4% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 4.76% (d) | 1,804,285 | 1,804,285 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 4.76% (d)(e) | 892,069 | 892,069 |
2,696,354 | ||
Total Short-Term Investments (Cost $2,696,354) | 2,696,354 | |
Total Investments in Securities (Cost $510,118,582) | 628,162,781 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
Russell 1000 Value Index, e-mini, expires 06/16/23 | 25 | 1,911,875 | 1,119 |
S&P 500 Index, e-mini, expires 06/16/23 | 3 | 628,275 | 8,262 |
Net Unrealized Appreciation | 9,381 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $874,904. |
(b) | First Republic Bank was placed into receivership with the Federal Deposit Insurance Corp. due to inadequate liquidity and insolvency on May 1, 2023 and the position has subsequently been sold. |
(c) | Issuer is affiliated with the fund’s investment adviser. |
(d) | The rate shown is the annualized 7-day yield. |
(e) | Security purchased with cash collateral received for securities on loan. |
ETF — | Exchange-traded fund |
REIT — | Real Estate Investment Trust |
SECURITY | VALUE AT 10/31/22 | PURCHASES | SALES | REALIZED GAINS (LOSSES) | NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION) | VALUE AT 4/30/23 | BALANCE OF SHARES HELD AT 4/30/23 | DIVIDENDS RECEIVED |
COMMON STOCKS 0.2% OF NET ASSETS | ||||||||
Financial Services 0.2% | ||||||||
The Charles Schwab Corp. | $1,897,739 | $203,595 | ($316,241) | $19,068 | ($628,343) | $1,175,818 | 22,508 | $11,005 |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Common Stocks1 | $624,770,592 | $— | $— | $624,770,592 |
Investment Companies1 | 695,835 | — | — | 695,835 |
Short-Term Investments1 | 2,696,354 | — | — | 2,696,354 |
Futures Contracts2 | 9,381 | — | — | 9,381 |
Total | $628,172,162 | $— | $— | $628,172,162 |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - affiliated (cost $945,685) | $1,175,818 | |
Investments in securities, at value - unaffiliated (cost $509,172,897) including securities on loan of $874,904 | 626,986,963 | |
Deposit with broker for futures contracts | 222,800 | |
Receivables: | ||
Dividends | 704,186 | |
Fund shares sold | 212,468 | |
Variation margin on future contracts | 29,312 | |
Income from securities on loan | + | 12,290 |
Total assets | 629,343,837 | |
Liabilities | ||
Collateral held for securities on loan | 892,069 | |
Payables: | ||
Fund shares redeemed | 223,997 | |
Investment adviser fees | + | 16,651 |
Total liabilities | 1,132,717 | |
Net assets | $628,211,120 | |
Net Assets by Source | ||
Capital received from investors | $545,545,789 | |
Total distributable earnings | + | 82,665,331 |
Net assets | $628,211,120 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$628,211,120 | 12,937,891 | $48.56 | ||
For the period November 1, 2022 through April 30, 2023; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $961) | $7,580,190 | |
Dividends received from securities - affiliated | 11,005 | |
Securities on loan, net | + | 55,016 |
Total investment income | 7,646,211 | |
Expenses | ||
Investment adviser fees | 110,559 | |
Total expenses | – | 110,559 |
Net investment income | 7,535,652 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized gains on sales of securities - affiliated | 19,068 | |
Net realized losses on sales of securities - unaffiliated | (10,150,298 ) | |
Net realized gains on futures contracts | + | 92,381 |
Net realized losses | (10,038,849 ) | |
Net change in unrealized appreciation (depreciation) on securities - affiliated | (628,343 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 34,636,684 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | (99,743 ) |
Net change in unrealized appreciation (depreciation) | + | 33,908,598 |
Net realized and unrealized gains | 23,869,749 | |
Increase in net assets resulting from operations | $31,405,401 |
OPERATIONS | |||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||
Net investment income | $7,535,652 | $12,544,703 | |
Net realized gains (losses) | (10,038,849 ) | 5,446,498 | |
Net change in unrealized appreciation (depreciation) | + | 33,908,598 | (63,321,553 ) |
Increase (decrease) in net assets resulting from operations | $31,405,401 | ($45,330,352 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($14,210,885 ) | ($27,740,131 ) |
TRANSACTIONS IN FUND SHARES | |||||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 2,672,000 | $128,818,326 | 5,720,926 | $280,961,274 | |
Shares reinvested | 239,623 | 11,415,609 | 416,349 | 21,312,908 | |
Shares redeemed | + | (3,608,295 ) | (177,013,301 ) | (3,237,613 ) | (157,379,862 ) |
Net transactions in fund shares | (696,672 ) | ($36,779,366 ) | 2,899,662 | $144,894,320 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 13,634,563 | $647,795,970 | 10,734,901 | $575,972,133 | |
Total increase (decrease) | + | (696,672 ) | (19,584,850 ) | 2,899,662 | 71,823,837 |
End of period | 12,937,891 | $628,211,120 | 13,634,563 | $647,795,970 |
11/1/22– 4/30/23* | 11/1/21– 10/31/22 | 11/1/20– 10/31/21 | 11/1/19– 10/31/20 | 11/1/18– 10/31/19 | 12/20/171– 10/31/18 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $51.84 | $64.44 | $44.98 | $44.29 | $39.55 | $40.00 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)2 | 0.47 | 0.79 | 0.69 | 0.72 | 0.70 | 0.59 |
Net realized and unrealized gains (losses) | 1.48 | (11.54 ) | 19.54 | 1.09 | 4.54 | (1.04 ) |
Total from investment operations | 1.95 | (10.75 ) | 20.23 | 1.81 | 5.24 | (0.45 ) |
Less distributions: | ||||||
Distributions from net investment income | (0.77 ) | (0.63 ) | (0.77 ) | (0.64 ) | (0.42 ) | — |
Distributions from net realized gains | (0.04 ) | (1.22 ) | — | (0.48 ) | (0.08 ) | — |
Total distributions | (0.81 ) | (1.85 ) | (0.77 ) | (1.12 ) | (0.50 ) | — |
Net asset value at end of period | $52.98 | $51.84 | $64.44 | $44.98 | $44.29 | $39.55 |
Total return | 3.79 %3 | (17.15 %) | 45.35 % | 4.04 % | 13.61 % | (1.13 %)3 |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.04 %4 | 0.04 %5 | 0.04 % | 0.04 % | 0.04 %6 | 0.05 %4,7 |
Net operating expenses | N/A | N/A | N/A | N/A | N/A | 0.03 %4,7 |
Net investment income (loss) | 1.77 %4 | 1.41 % | 1.19 % | 1.69 % | 1.67 % | 1.65 %4 |
Portfolio turnover rate | 1 %3 | 11 %8 | 14 % | 29 % | 21 % | 15 %3 |
Net assets, end of period (x 1,000,000) | $1,029 | $903 | $891 | $483 | $357 | $171 |
* | Unaudited. |
1 | Commencement of operations. |
2 | Calculated based on the average shares outstanding during the period. |
3 | Not annualized. |
4 | Annualized. |
5 | Ratio includes less than 0.005% of non-routine proxy expenses. |
6 | Effective December 20, 2018, the annual operating expense ratio was reduced to 0.04%. The ratio presented for period ended 10/31/19 is a blended ratio. |
7 | The investment adviser voluntarily agreed to waive the fund’s management fees to 0.00% beginning with the fund’s commencement of operations through June 30, 2018. The ratio presented for period ended 10/31/18 is a blended ratio. |
8 | Portfolio turnover rate excludes in-kind transactions. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 99.6% OF NET ASSETS | ||
Automobiles & Components 0.8% | ||
Aptiv plc * | 28,877 | 2,970,288 |
BorgWarner, Inc. | 24,923 | 1,199,544 |
Gentex Corp. | 25,091 | 692,261 |
Harley-Davidson, Inc. | 14,366 | 532,978 |
Lear Corp. | 6,283 | 802,088 |
Lucid Group, Inc. *(a) | 62,019 | 492,431 |
QuantumScape Corp. *(a) | 27,378 | 191,646 |
Rivian Automotive, Inc., Class A * | 55,495 | 711,446 |
Thor Industries, Inc. | 5,513 | 435,637 |
8,028,319 | ||
Banks 2.2% | ||
Bank of Hawaii Corp. | 4,156 | 201,275 |
Bank OZK | 11,941 | 426,532 |
BOK Financial Corp. | 3,101 | 260,081 |
Citizens Financial Group, Inc. | 52,152 | 1,613,583 |
Columbia Banking System, Inc. | 22,108 | 472,227 |
Comerica, Inc. | 13,950 | 605,011 |
Commerce Bancshares, Inc. | 12,143 | 678,186 |
Cullen/Frost Bankers, Inc. | 6,229 | 686,747 |
East West Bancorp, Inc. | 15,103 | 780,674 |
F.N.B. Corp. | 38,227 | 438,846 |
Fifth Third Bancorp | 72,773 | 1,906,653 |
First Citizens BancShares, Inc., Class A | 1,173 | 1,181,422 |
First Hawaiian, Inc. | 13,643 | 260,718 |
First Horizon Corp. | 56,509 | 991,733 |
First Republic Bank (b) | 19,788 | 69,456 |
Huntington Bancshares, Inc. | 153,282 | 1,716,758 |
KeyCorp | 99,242 | 1,117,465 |
M&T Bank Corp. | 18,363 | 2,310,065 |
New York Community Bancorp, Inc. | 71,475 | 764,068 |
PacWest Bancorp (a) | 12,316 | 125,007 |
Pinnacle Financial Partners, Inc. | 8,003 | 434,003 |
Popular, Inc. | 7,519 | 451,215 |
Prosperity Bancshares, Inc. | 9,351 | 585,560 |
Regions Financial Corp. | 99,833 | 1,822,951 |
Synovus Financial Corp. | 15,374 | 473,519 |
Webster Financial Corp. | 18,456 | 688,409 |
Western Alliance Bancorp | 11,290 | 419,085 |
Wintrust Financial Corp. | 6,399 | 437,500 |
Zions Bancorp NA | 15,722 | 438,015 |
22,356,764 | ||
Capital Goods 10.8% | ||
A.O. Smith Corp. | 13,358 | 912,218 |
Acuity Brands, Inc. | 3,422 | 538,554 |
Advanced Drainage Systems, Inc. | 6,649 | 569,952 |
AECOM | 14,061 | 1,167,766 |
AGCO Corp. | 6,628 | 821,474 |
Air Lease Corp. | 11,088 | 445,959 |
Allegion plc | 9,356 | 1,033,651 |
Allison Transmission Holdings, Inc. | 9,834 | 479,801 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
AMETEK, Inc. | 24,610 | 3,394,457 |
Armstrong World Industries, Inc. | 4,833 | 331,834 |
Axon Enterprise, Inc. * | 7,213 | 1,519,851 |
Builders FirstSource, Inc. * | 15,529 | 1,471,683 |
BWX Technologies, Inc. | 9,747 | 629,461 |
Carlisle Cos., Inc. | 5,491 | 1,185,232 |
Carrier Global Corp. | 89,271 | 3,733,313 |
ChargePoint Holdings, Inc. *(a) | 27,191 | 235,746 |
Core & Main, Inc., Class A * | 7,888 | 205,561 |
Crane Co. * | 5,022 | 361,936 |
Crane Holdings Co. | 5,030 | 238,221 |
Cummins, Inc. | 15,055 | 3,538,527 |
Curtiss-Wright Corp. | 4,088 | 694,265 |
Donaldson Co., Inc. | 12,972 | 824,371 |
Dover Corp. | 14,960 | 2,186,554 |
Esab Corp. | 6,051 | 353,136 |
Fastenal Co. | 61,483 | 3,310,245 |
Flowserve Corp. | 13,902 | 464,188 |
Fortive Corp. | 37,820 | 2,386,064 |
Fortune Brands Innovations, Inc. | 13,644 | 882,630 |
Gates Industrial Corp. plc * | 11,454 | 154,285 |
Generac Holdings, Inc. * | 6,652 | 679,967 |
Graco, Inc. | 17,924 | 1,421,194 |
Hayward Holdings, Inc. * | 7,232 | 87,073 |
HEICO Corp. | 4,801 | 809,641 |
HEICO Corp., Class A | 8,430 | 1,131,559 |
Hexcel Corp. | 8,947 | 644,900 |
Howmet Aerospace, Inc. | 39,630 | 1,755,213 |
Hubbell, Inc. | 5,718 | 1,539,972 |
Huntington Ingalls Industries, Inc. | 4,202 | 847,375 |
IDEX Corp. | 8,113 | 1,673,874 |
Ingersoll Rand, Inc. | 43,384 | 2,473,756 |
ITT, Inc. | 8,914 | 752,698 |
Lennox International, Inc. | 3,411 | 961,595 |
Lincoln Electric Holdings, Inc. | 5,982 | 1,003,780 |
Masco Corp. | 24,056 | 1,287,237 |
MasTec, Inc. * | 6,509 | 578,064 |
Masterbrand, Inc. * | 13,820 | 111,527 |
MDU Resources Group, Inc. | 21,567 | 630,188 |
Mercury Systems, Inc. * | 5,275 | 251,459 |
MSC Industrial Direct Co., Inc., Class A | 4,931 | 447,390 |
Nordson Corp. | 6,108 | 1,321,221 |
nVent Electric plc | 17,637 | 739,519 |
Oshkosh Corp. | 7,011 | 536,482 |
Otis Worldwide Corp. | 44,534 | 3,798,750 |
Owens Corning | 9,960 | 1,063,828 |
PACCAR, Inc. | 54,666 | 4,083,004 |
Parker-Hannifin Corp. | 13,671 | 4,441,434 |
Pentair plc | 17,569 | 1,020,408 |
Plug Power, Inc. *(a) | 55,457 | 500,777 |
Quanta Services, Inc. | 15,197 | 2,578,019 |
Regal Rexnord Corp. | 6,952 | 904,872 |
Rockwell Automation, Inc. | 12,268 | 3,476,874 |
Sensata Technologies Holding plc | 16,144 | 701,457 |
SiteOne Landscape Supply, Inc. * | 4,750 | 701,765 |
Snap-on, Inc. | 5,615 | 1,456,587 |
Spirit AeroSystems Holdings, Inc., Class A | 11,141 | 331,556 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Stanley Black & Decker, Inc. | 15,769 | 1,361,495 |
Sunrun, Inc. * | 22,238 | 467,888 |
Textron, Inc. | 22,268 | 1,490,620 |
The AZEK Co., Inc. * | 11,909 | 323,210 |
The Middleby Corp. * | 5,709 | 804,284 |
The Timken Co. | 6,530 | 501,831 |
The Toro Co. | 11,143 | 1,161,769 |
Trane Technologies plc | 24,544 | 4,560,521 |
TransDigm Group, Inc. | 5,485 | 4,196,025 |
Trex Co., Inc. * | 11,762 | 642,911 |
United Rentals, Inc. | 7,458 | 2,693,158 |
Univar Solutions, Inc. * | 17,165 | 609,358 |
Valmont Industries, Inc. | 2,243 | 651,726 |
Vertiv Holdings Co. | 32,411 | 483,572 |
W.W. Grainger, Inc. | 4,812 | 3,347,083 |
Watsco, Inc. | 3,517 | 1,218,218 |
WESCO International, Inc. | 4,756 | 684,864 |
Westinghouse Air Brake Technologies Corp. | 19,331 | 1,888,059 |
WillScot Mobile Mini Holdings Corp. * | 21,717 | 985,952 |
Woodward, Inc. | 6,189 | 594,268 |
Xylem, Inc. | 19,130 | 1,986,459 |
111,469,221 | ||
Commercial & Professional Services 4.5% | ||
Booz Allen Hamilton Holding Corp. | 14,019 | 1,341,899 |
Broadridge Financial Solutions, Inc. | 12,461 | 1,811,954 |
CACI International, Inc., Class A * | 2,474 | 775,154 |
Ceridian HCM Holding, Inc. * | 14,613 | 927,633 |
Cintas Corp. | 9,247 | 4,214,505 |
Clarivate plc * | 50,399 | 446,535 |
Clean Harbors, Inc. * | 5,442 | 789,961 |
Concentrix Corp. | 4,539 | 438,059 |
Copart, Inc. * | 45,527 | 3,598,909 |
CoStar Group, Inc. * | 43,080 | 3,315,006 |
Driven Brands Holdings, Inc. * | 6,678 | 205,015 |
Dun & Bradstreet Holdings, Inc. | 26,836 | 299,758 |
Equifax, Inc. | 12,981 | 2,704,981 |
FTI Consulting, Inc. * | 3,599 | 649,619 |
Genpact Ltd. | 19,053 | 848,811 |
Jacobs Solutions, Inc. | 13,447 | 1,552,591 |
KBR, Inc. | 14,551 | 825,478 |
Leidos Holdings, Inc. | 14,546 | 1,356,560 |
ManpowerGroup, Inc. | 5,365 | 406,184 |
MSA Safety, Inc. | 3,941 | 511,345 |
Paychex, Inc. | 34,456 | 3,785,336 |
Paycom Software, Inc. * | 5,467 | 1,587,453 |
Paycor HCM, Inc. * | 6,443 | 151,410 |
Paylocity Holding Corp. * | 4,289 | 829,021 |
Republic Services, Inc. | 22,027 | 3,185,545 |
Ritchie Bros Auctioneers, Inc. | 7,505 | 429,211 |
Robert Half International, Inc. | 11,285 | 823,805 |
Rollins, Inc. | 24,739 | 1,045,223 |
Science Applications International Corp. | 5,869 | 598,814 |
SS&C Technologies Holdings, Inc. | 23,561 | 1,379,261 |
Stericycle, Inc. * | 9,783 | 446,594 |
Tetra Tech, Inc. | 5,614 | 776,809 |
TransUnion | 20,551 | 1,414,114 |
Verisk Analytics, Inc. | 16,591 | 3,220,479 |
46,693,032 | ||
Consumer Discretionary Distribution & Retail 4.5% | ||
Advance Auto Parts, Inc. | 6,325 | 793,977 |
AutoNation, Inc. * | 3,600 | 474,120 |
AutoZone, Inc. * | 2,002 | 5,331,947 |
Bath & Body Works, Inc. | 24,432 | 857,563 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Best Buy Co., Inc. | 21,114 | 1,573,415 |
Burlington Stores, Inc. * | 6,934 | 1,336,944 |
CarMax, Inc. * | 16,860 | 1,180,706 |
Carvana Co. *(a) | 11,051 | 76,694 |
Dick's Sporting Goods, Inc. | 5,677 | 823,222 |
eBay, Inc. | 57,999 | 2,692,894 |
Etsy, Inc. * | 13,353 | 1,349,054 |
Five Below, Inc. * | 5,828 | 1,150,214 |
Floor & Decor Holdings, Inc., Class A * | 11,022 | 1,094,925 |
GameStop Corp., Class A *(a) | 28,666 | 552,967 |
Genuine Parts Co. | 14,829 | 2,495,869 |
Kohl's Corp. | 11,741 | 258,654 |
Leslie's, Inc. * | 18,796 | 203,937 |
Lithia Motors, Inc. | 2,895 | 639,477 |
LKQ Corp. | 26,697 | 1,541,218 |
Macy's, Inc. | 28,781 | 470,282 |
Nordstrom, Inc. (a) | 11,872 | 183,541 |
Ollie's Bargain Outlet Holdings, Inc. * | 6,664 | 434,826 |
O'Reilly Automotive, Inc. * | 6,624 | 6,076,261 |
Penske Automotive Group, Inc. | 2,754 | 381,649 |
Petco Health & Wellness Co., Inc. * | 8,671 | 86,363 |
Pool Corp. | 4,063 | 1,427,413 |
RH * | 1,941 | 495,207 |
Ross Stores, Inc. | 36,418 | 3,886,893 |
The Gap, Inc. | 20,697 | 198,691 |
Tractor Supply Co. | 11,794 | 2,811,690 |
Ulta Beauty, Inc. * | 5,383 | 2,968,348 |
Valvoline, Inc. | 18,338 | 633,578 |
Victoria's Secret & Co. * | 8,670 | 268,857 |
Wayfair, Inc., Class A * | 8,421 | 293,303 |
Williams-Sonoma, Inc. | 7,075 | 856,358 |
45,901,057 | ||
Consumer Durables & Apparel 3.0% | ||
Brunswick Corp. | 7,713 | 653,985 |
Capri Holdings Ltd. * | 13,086 | 543,069 |
Carter's, Inc. | 3,994 | 278,661 |
Columbia Sportswear Co. | 3,845 | 321,211 |
D.R. Horton, Inc. | 33,700 | 3,700,934 |
Deckers Outdoor Corp. * | 2,812 | 1,347,904 |
Garmin Ltd. | 16,464 | 1,616,271 |
Hanesbrands, Inc. | 37,198 | 194,918 |
Hasbro, Inc. | 14,028 | 830,738 |
Leggett & Platt, Inc. | 14,205 | 458,964 |
Lennar Corp., Class A | 26,796 | 3,022,857 |
Lennar Corp., Class B | 1,566 | 153,186 |
Lululemon Athletica, Inc. * | 11,930 | 4,532,565 |
Mattel, Inc. * | 37,530 | 675,540 |
Mohawk Industries, Inc. * | 5,615 | 594,629 |
Newell Brands, Inc. | 40,308 | 489,742 |
NVR, Inc. * | 312 | 1,822,080 |
Peloton Interactive, Inc., Class A * | 33,012 | 293,147 |
Polaris, Inc. | 5,876 | 638,427 |
PulteGroup, Inc. | 24,206 | 1,625,433 |
PVH Corp. | 6,730 | 577,501 |
Ralph Lauren Corp. | 4,328 | 496,811 |
Skechers U.S.A., Inc., Class A * | 14,283 | 759,713 |
Tapestry, Inc. | 25,217 | 1,029,106 |
Tempur Sealy International, Inc. | 17,755 | 665,280 |
Toll Brothers, Inc. | 11,771 | 752,285 |
TopBuild Corp. * | 3,405 | 767,759 |
Under Armour, Inc., Class A * | 20,268 | 179,777 |
Under Armour, Inc., Class C * | 20,099 | 161,596 |
VF Corp. | 37,332 | 877,675 |
Whirlpool Corp. | 5,694 | 794,825 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
YETI Holdings, Inc. * | 9,206 | 363,177 |
31,219,766 | ||
Consumer Services 4.0% | ||
ADT, Inc. | 22,454 | 150,442 |
Aramark | 25,110 | 871,317 |
Boyd Gaming Corp. | 8,151 | 565,679 |
Bright Horizons Family Solutions, Inc. * | 6,138 | 467,225 |
Caesars Entertainment, Inc. * | 21,907 | 992,168 |
Carnival Corp. * | 104,173 | 959,433 |
Chipotle Mexican Grill, Inc. * | 2,936 | 6,070,532 |
Choice Hotels International, Inc. | 3,434 | 437,904 |
Churchill Downs, Inc. | 3,809 | 1,114,247 |
Darden Restaurants, Inc. | 13,073 | 1,986,181 |
Domino’s Pizza, Inc. | 3,767 | 1,195,909 |
DoorDash, Inc., Class A * | 26,689 | 1,633,100 |
DraftKings, Inc., Class A * | 37,789 | 827,957 |
Expedia Group, Inc. * | 15,749 | 1,479,776 |
Grand Canyon Education, Inc. * | 3,273 | 388,505 |
H&R Block, Inc. | 16,242 | 550,766 |
Hilton Worldwide Holdings, Inc. | 28,033 | 4,037,313 |
Hyatt Hotels Corp., Class A * | 5,054 | 577,672 |
Las Vegas Sands Corp. * | 35,326 | 2,255,565 |
Marriott Vacations Worldwide Corp. | 3,992 | 537,163 |
MGM Resorts International | 33,814 | 1,518,925 |
Mister Car Wash, Inc. * | 8,628 | 76,099 |
Norwegian Cruise Line Holdings Ltd. * | 44,654 | 596,131 |
Penn Entertainment, Inc. * | 16,491 | 491,267 |
Planet Fitness, Inc., Class A * | 8,911 | 740,861 |
Royal Caribbean Cruises Ltd. * | 23,523 | 1,539,110 |
Service Corp. International | 15,967 | 1,120,724 |
Six Flags Entertainment Corp. * | 7,977 | 193,602 |
The Wendy's Co. | 18,205 | 402,330 |
Travel & Leisure Co. | 8,531 | 326,481 |
Vail Resorts, Inc. | 4,295 | 1,033,033 |
Wyndham Hotels & Resorts, Inc. | 9,267 | 632,195 |
Wynn Resorts Ltd. * | 11,129 | 1,271,822 |
Yum! Brands, Inc. | 30,120 | 4,234,270 |
41,275,704 | ||
Consumer Staples Distribution & Retail 1.1% | ||
Albertsons Cos., Inc., Class A | 24,884 | 520,076 |
BJ's Wholesale Club Holdings, Inc. * | 14,309 | 1,092,778 |
Casey's General Stores, Inc. | 3,958 | 905,669 |
Dollar Tree, Inc. * | 22,300 | 3,427,733 |
Grocery Outlet Holding Corp. * | 9,418 | 280,468 |
Performance Food Group Co. * | 16,239 | 1,018,023 |
The Kroger Co. | 70,043 | 3,406,191 |
U.S. Foods Holding Corp. * | 21,549 | 827,482 |
11,478,420 | ||
Energy 4.8% | ||
Antero Midstream Corp. | 35,894 | 386,219 |
Antero Resources Corp. * | 30,282 | 696,183 |
APA Corp. | 34,212 | 1,260,712 |
Baker Hughes Co. | 100,593 | 2,941,339 |
Cheniere Energy, Inc. | 26,587 | 4,067,811 |
Chesapeake Energy Corp. | 12,933 | 1,069,301 |
Coterra Energy, Inc. | 83,818 | 2,145,741 |
Devon Energy Corp. | 69,478 | 3,712,210 |
Diamondback Energy, Inc. | 19,122 | 2,719,148 |
DTE Midstream LLC * | 10,347 | 509,797 |
Enviva, Inc. | 3,292 | 70,778 |
EQT Corp. | 39,355 | 1,371,128 |
Halliburton Co. | 95,971 | 3,143,050 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Hess Corp. | 30,078 | 4,363,115 |
HF Sinclair Corp. | 14,405 | 635,405 |
Marathon Oil Corp. | 67,611 | 1,633,482 |
New Fortress Energy, Inc. | 5,863 | 177,590 |
NOV, Inc. | 41,794 | 700,050 |
ONEOK, Inc. | 47,479 | 3,105,601 |
Ovintiv, Inc. | 26,209 | 945,621 |
PDC Energy, Inc. | 9,377 | 609,974 |
Phillips 66 | 49,791 | 4,929,309 |
Range Resources Corp. | 25,145 | 665,085 |
Southwestern Energy Co. * | 117,493 | 609,789 |
Targa Resources Corp. | 24,129 | 1,822,463 |
Texas Pacific Land Corp. | 611 | 902,844 |
The Williams Cos., Inc. | 130,109 | 3,937,098 |
Vitesse Energy, Inc. | 2,663 | 48,999 |
49,179,842 | ||
Equity Real Estate Investment Trusts (REITs) 6.9% | ||
Alexandria Real Estate Equities, Inc. | 18,348 | 2,278,455 |
American Homes 4 Rent, Class A | 32,868 | 1,093,190 |
Americold Realty Trust, Inc. | 28,701 | 849,263 |
Apartment Income REIT Corp. | 15,985 | 591,125 |
AvalonBay Communities, Inc. | 14,918 | 2,690,760 |
Boston Properties, Inc. | 16,736 | 893,033 |
Brixmor Property Group, Inc. | 31,850 | 679,360 |
Camden Property Trust | 11,070 | 1,218,253 |
Cousins Properties, Inc. | 16,120 | 351,577 |
CubeSmart | 23,869 | 1,085,801 |
Douglas Emmett, Inc. | 18,050 | 232,484 |
EastGroup Properties, Inc. | 4,392 | 731,531 |
EPR Properties | 7,903 | 331,610 |
Equity LifeStyle Properties, Inc. | 18,965 | 1,306,688 |
Equity Residential | 39,553 | 2,501,727 |
Essex Property Trust, Inc. | 6,864 | 1,508,227 |
Extra Space Storage, Inc. | 14,151 | 2,151,518 |
Federal Realty Investment Trust | 8,571 | 847,586 |
First Industrial Realty Trust, Inc. | 14,066 | 738,043 |
Gaming & Leisure Properties, Inc. | 26,075 | 1,355,900 |
Healthcare Realty Trust, Inc. | 40,487 | 800,833 |
Healthpeak Properties, Inc. | 58,361 | 1,282,191 |
Highwoods Properties, Inc. | 11,086 | 254,091 |
Host Hotels & Resorts, Inc. | 75,599 | 1,222,436 |
Hudson Pacific Properties, Inc. | 14,585 | 81,093 |
Invitation Homes, Inc. | 65,175 | 2,174,890 |
Iron Mountain, Inc. | 30,827 | 1,702,883 |
JBG SMITH Properties | 11,366 | 162,193 |
Kilroy Realty Corp. | 12,407 | 362,781 |
Kimco Realty Corp. | 64,501 | 1,237,774 |
Lamar Advertising Co., Class A | 9,233 | 975,743 |
Life Storage, Inc. | 8,983 | 1,207,136 |
Medical Properties Trust, Inc. | 63,414 | 556,141 |
Mid-America Apartment Communities, Inc. | 12,261 | 1,885,742 |
National Retail Properties, Inc. | 19,325 | 840,637 |
National Storage Affiliates Trust | 9,068 | 349,571 |
Omega Healthcare Investors, Inc. | 25,095 | 671,542 |
Park Hotels & Resorts, Inc. | 23,794 | 286,718 |
Rayonier, Inc. | 15,557 | 487,867 |
Realty Income Corp. | 67,036 | 4,212,542 |
Regency Centers Corp. | 18,299 | 1,124,108 |
Rexford Industrial Realty, Inc. | 20,878 | 1,164,366 |
SBA Communications Corp. | 11,390 | 2,971,537 |
Simon Property Group, Inc. | 34,844 | 3,948,522 |
SL Green Realty Corp. (a) | 6,872 | 162,660 |
Spirit Realty Capital, Inc. | 14,858 | 571,439 |
Sun Communities, Inc. | 12,992 | 1,804,979 |
UDR, Inc. | 35,010 | 1,446,963 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Ventas, Inc. | 42,639 | 2,048,804 |
VICI Properties, Inc. | 107,086 | 3,634,499 |
Vornado Realty Trust | 18,882 | 283,419 |
Welltower, Inc. | 50,530 | 4,002,987 |
Weyerhaeuser Co. | 78,597 | 2,350,836 |
WP Carey, Inc. | 22,294 | 1,654,215 |
71,360,269 | ||
Financial Services 6.5% | ||
Affiliated Managers Group, Inc. | 3,991 | 576,221 |
Affirm Holdings, Inc. * | 23,620 | 232,893 |
AGNC Investment Corp. | 60,915 | 603,668 |
Ally Financial, Inc. | 31,866 | 840,625 |
Ameriprise Financial, Inc. | 11,235 | 3,428,023 |
Annaly Capital Management, Inc. | 49,911 | 997,222 |
Apollo Global Management, Inc. | 51,652 | 3,274,220 |
Ares Management Corp., Class A | 16,378 | 1,434,549 |
Blue Owl Capital, Inc. | 45,046 | 507,218 |
Cboe Global Markets, Inc. | 11,306 | 1,579,448 |
Coinbase Global, Inc., Class A *(a) | 17,052 | 917,227 |
Corebridge Financial, Inc. | 8,534 | 143,883 |
Credit Acceptance Corp. * | 707 | 346,077 |
Discover Financial Services | 28,489 | 2,947,757 |
Equitable Holdings, Inc. | 39,366 | 1,023,122 |
Euronet Worldwide, Inc. * | 5,042 | 558,351 |
Evercore, Inc., Class A | 3,893 | 444,075 |
FactSet Research Systems, Inc. | 4,053 | 1,668,580 |
FleetCor Technologies, Inc. * | 7,668 | 1,640,339 |
Franklin Resources, Inc. | 30,471 | 819,061 |
Global Payments, Inc. | 27,889 | 3,143,369 |
Interactive Brokers Group, Inc., Class A | 9,915 | 771,883 |
Invesco Ltd. | 39,871 | 682,990 |
Jack Henry & Associates, Inc. | 7,751 | 1,266,048 |
Janus Henderson Group plc | 14,522 | 376,846 |
Jefferies Financial Group, Inc. | 21,126 | 676,666 |
KKR & Co., Inc. | 61,091 | 3,242,099 |
Lazard Ltd., Class A | 8,838 | 276,629 |
LPL Financial Holdings, Inc. | 8,502 | 1,775,558 |
MarketAxess Holdings, Inc. | 3,966 | 1,262,655 |
MGIC Investment Corp. | 31,537 | 468,955 |
Morningstar, Inc. | 2,655 | 473,413 |
MSCI, Inc. | 8,299 | 4,003,853 |
Nasdaq, Inc. | 36,722 | 2,033,297 |
Northern Trust Corp. | 21,952 | 1,715,768 |
OneMain Holdings, Inc. | 12,257 | 470,301 |
Raymond James Financial, Inc. | 20,791 | 1,882,209 |
Rithm Capital Corp. | 46,223 | 377,180 |
Robinhood Markets, Inc., Class A * | 61,009 | 539,930 |
Rocket Cos., Inc., Class A *(a) | 12,013 | 107,036 |
SEI Investments Co. | 10,981 | 646,891 |
Shift4 Payments, Inc., Class A * | 5,397 | 365,755 |
SLM Corp. | 25,569 | 384,046 |
SoFi Technologies, Inc. * | 86,026 | 535,942 |
Starwood Property Trust, Inc. | 31,184 | 557,882 |
State Street Corp. | 37,256 | 2,692,119 |
Stifel Financial Corp. | 10,905 | 653,973 |
Synchrony Financial | 46,518 | 1,372,746 |
T. Rowe Price Group, Inc. | 23,500 | 2,639,755 |
TFS Financial Corp. | 5,230 | 62,969 |
The Bank of New York Mellon Corp. | 78,465 | 3,341,824 |
The Carlyle Group, Inc. | 22,107 | 670,505 |
The Western Union Co. | 39,758 | 434,555 |
Toast, Inc., Class A * | 27,225 | 495,495 |
Tradeweb Markets, Inc., Class A | 11,499 | 809,645 |
Upstart Holdings, Inc. *(a) | 7,476 | 103,916 |
UWM Holdings Corp. (a) | 9,908 | 59,448 |
Virtu Financial, Inc., Class A | 10,108 | 202,665 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Voya Financial, Inc. | 10,394 | 794,933 |
WEX, Inc. * | 4,647 | 824,145 |
67,178,453 | ||
Food, Beverage & Tobacco 2.5% | ||
Brown-Forman Corp., Class A | 4,857 | 319,979 |
Brown-Forman Corp., Class B | 19,601 | 1,275,829 |
Bunge Ltd. | 14,772 | 1,382,659 |
Campbell Soup Co. | 20,703 | 1,124,173 |
Conagra Brands, Inc. | 50,273 | 1,908,363 |
Darling Ingredients, Inc. * | 17,085 | 1,017,753 |
Flowers Foods, Inc. | 20,012 | 550,530 |
Freshpet, Inc. * | 4,853 | 334,711 |
Hormel Foods Corp. | 30,618 | 1,238,192 |
Ingredion, Inc. | 6,999 | 743,084 |
Kellogg Co. | 27,231 | 1,899,907 |
Lamb Weston Holdings, Inc. | 15,392 | 1,720,980 |
McCormick & Co., Inc. - Non Voting Shares | 26,773 | 2,352,008 |
Molson Coors Beverage Co., Class B | 18,692 | 1,111,800 |
Pilgrim's Pride Corp. * | 4,964 | 113,229 |
Post Holdings, Inc. * | 5,758 | 521,041 |
Seaboard Corp. | 27 | 106,409 |
The Boston Beer Co., Inc., Class A * | 1,011 | 321,003 |
The Hershey Co. | 15,591 | 4,257,279 |
The JM Smucker Co. | 11,009 | 1,699,900 |
Tyson Foods, Inc., Class A | 29,713 | 1,856,765 |
25,855,594 | ||
Health Care Equipment & Services 5.6% | ||
Acadia Healthcare Co., Inc. * | 9,510 | 687,478 |
agilon health, Inc. * | 20,189 | 489,987 |
Align Technology, Inc. * | 8,380 | 2,726,014 |
Amedisys, Inc. * | 3,414 | 274,144 |
AmerisourceBergen Corp. | 17,414 | 2,905,526 |
Cardinal Health, Inc. | 27,520 | 2,259,392 |
Certara, Inc. * | 12,411 | 299,974 |
Chemed Corp. | 1,560 | 859,950 |
DaVita, Inc. * | 5,940 | 536,738 |
Definitive Healthcare Corp. * | 3,578 | 38,285 |
Dentsply Sirona, Inc. | 22,880 | 959,358 |
DexCom, Inc. * | 41,170 | 4,995,568 |
Doximity, Inc., Class A * | 11,936 | 438,648 |
Encompass Health Corp. | 10,458 | 670,881 |
Enhabit, Inc. * | 5,176 | 63,406 |
Enovis Corp. * | 5,405 | 314,841 |
Envista Holdings Corp. * | 17,378 | 668,879 |
Globus Medical, Inc., Class A * | 8,241 | 479,132 |
Guardant Health, Inc. * | 10,350 | 233,496 |
Henry Schein, Inc. * | 14,438 | 1,166,735 |
Hologic, Inc. * | 25,973 | 2,233,938 |
ICU Medical, Inc. * | 2,156 | 407,786 |
IDEXX Laboratories, Inc. * | 8,780 | 4,321,165 |
Insulet Corp. * | 7,352 | 2,338,230 |
Integra LifeSciences Holdings Corp. * | 7,732 | 427,734 |
Laboratory Corp. of America Holdings | 9,458 | 2,144,223 |
Masimo Corp. * | 5,066 | 958,183 |
Molina Healthcare, Inc. * | 6,118 | 1,822,491 |
Novocure Ltd. * | 11,032 | 727,009 |
Oak Street Health, Inc. * | 12,439 | 484,748 |
Penumbra, Inc. * | 3,808 | 1,081,929 |
Premier, Inc., Class A | 12,572 | 419,025 |
Quest Diagnostics, Inc. | 11,816 | 1,640,179 |
QuidelOrtho Corp. * | 5,205 | 468,190 |
ResMed, Inc. | 15,432 | 3,718,495 |
STERIS plc | 10,658 | 2,009,566 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Tandem Diabetes Care, Inc. * | 6,813 | 269,658 |
Teladoc Health, Inc. * | 17,148 | 454,936 |
Teleflex, Inc. | 5,011 | 1,365,598 |
Tenet Healthcare Corp. * | 11,350 | 832,182 |
The Cooper Cos., Inc. | 5,188 | 1,978,962 |
Universal Health Services, Inc., Class B | 6,626 | 996,219 |
Veeva Systems, Inc., Class A * | 14,884 | 2,665,427 |
Zimmer Biomet Holdings, Inc. | 22,408 | 3,102,163 |
57,936,468 | ||
Household & Personal Products 0.6% | ||
Church & Dwight Co., Inc. | 25,933 | 2,518,613 |
Coty, Inc., Class A * | 37,511 | 445,256 |
Olaplex Holdings, Inc. * | 13,372 | 49,476 |
Reynolds Consumer Products, Inc. | 5,799 | 162,546 |
Spectrum Brands Holdings, Inc. | 4,254 | 282,891 |
The Clorox Co. | 13,161 | 2,179,725 |
5,638,507 | ||
Insurance 4.6% | ||
Aflac, Inc. | 65,175 | 4,552,474 |
American Financial Group, Inc. | 7,186 | 881,938 |
Arch Capital Group Ltd. * | 37,827 | 2,839,673 |
Arthur J. Gallagher & Co. | 22,224 | 4,623,925 |
Assurant, Inc. | 5,681 | 699,501 |
Assured Guaranty Ltd. | 6,148 | 331,193 |
Axis Capital Holdings Ltd. | 8,307 | 469,678 |
Brighthouse Financial, Inc. * | 7,261 | 320,936 |
Brown & Brown, Inc. | 25,246 | 1,625,590 |
Cincinnati Financial Corp. | 16,372 | 1,742,636 |
CNA Financial Corp. | 2,899 | 112,800 |
Erie Indemnity Co., Class A | 2,678 | 582,010 |
Everest Re Group Ltd. | 4,156 | 1,570,968 |
F&G Annuities & Life, Inc. | 1,873 | 34,332 |
Fidelity National Financial, Inc. | 27,739 | 984,457 |
First American Financial Corp. | 10,772 | 620,575 |
Globe Life, Inc. | 9,550 | 1,036,366 |
Kemper Corp. | 6,782 | 329,944 |
Lincoln National Corp. | 18,116 | 393,661 |
Loews Corp. | 20,766 | 1,195,499 |
Markel Corp. * | 1,411 | 1,930,996 |
Old Republic International Corp. | 29,816 | 753,450 |
Primerica, Inc. | 3,915 | 714,527 |
Principal Financial Group, Inc. | 25,862 | 1,931,633 |
Prudential Financial, Inc. | 39,337 | 3,422,319 |
Reinsurance Group of America, Inc. | 7,135 | 1,015,453 |
RenaissanceRe Holdings Ltd. | 4,597 | 990,240 |
Ryan Specialty Holdings, Inc., Class A * | 8,782 | 358,832 |
The Allstate Corp. | 28,235 | 3,268,483 |
The Hanover Insurance Group, Inc. | 3,779 | 451,817 |
The Hartford Financial Services Group, Inc. | 33,911 | 2,407,342 |
Unum Group | 21,160 | 892,952 |
W.R. Berkley Corp. | 21,985 | 1,295,356 |
White Mountains Insurance Group Ltd. | 267 | 382,381 |
Willis Towers Watson plc | 11,498 | 2,662,937 |
47,426,874 | ||
Materials 6.1% | ||
Albemarle Corp. | 12,501 | 2,318,436 |
Alcoa Corp. | 18,877 | 701,092 |
Amcor plc | 158,375 | 1,737,374 |
AptarGroup, Inc. | 6,991 | 828,503 |
Ardagh Metal Packaging S.A. | 16,204 | 66,112 |
Ashland, Inc. | 5,408 | 549,507 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Avery Dennison Corp. | 8,695 | 1,517,104 |
Axalta Coating Systems Ltd. * | 23,576 | 744,294 |
Ball Corp. | 32,934 | 1,751,430 |
Berry Global Group, Inc. | 12,973 | 749,969 |
Celanese Corp. | 11,565 | 1,228,666 |
CF Industries Holdings, Inc. | 20,911 | 1,496,809 |
Cleveland-Cliffs, Inc. * | 54,567 | 839,241 |
Corteva, Inc. | 76,419 | 4,670,729 |
Crown Holdings, Inc. | 12,290 | 1,054,236 |
DuPont de Nemours, Inc. | 48,993 | 3,415,792 |
Eagle Materials, Inc. | 3,818 | 565,866 |
Eastman Chemical Co. | 12,771 | 1,076,212 |
Element Solutions, Inc. | 24,070 | 436,871 |
FMC Corp. | 13,452 | 1,662,398 |
Ginkgo Bioworks Holdings, Inc. *(a) | 92,712 | 113,109 |
Graphic Packaging Holding Co. | 32,655 | 805,272 |
Huntsman Corp. | 19,465 | 521,467 |
International Flavors & Fragrances, Inc. | 27,221 | 2,639,348 |
International Paper Co. | 37,929 | 1,255,829 |
Louisiana-Pacific Corp. | 7,588 | 453,307 |
LyondellBasell Industries N.V., Class A | 27,448 | 2,596,855 |
Martin Marietta Materials, Inc. | 6,642 | 2,412,374 |
MP Materials Corp. * | 9,687 | 209,917 |
NewMarket Corp. | 611 | 244,156 |
Nucor Corp. | 27,389 | 4,058,502 |
Olin Corp. | 13,019 | 721,253 |
Packaging Corp. of America | 9,745 | 1,318,109 |
PPG Industries, Inc. | 25,170 | 3,530,344 |
Reliance Steel & Aluminum Co. | 6,236 | 1,545,281 |
Royal Gold, Inc. | 6,997 | 926,683 |
RPM International, Inc. | 13,629 | 1,117,987 |
Sealed Air Corp. | 15,562 | 746,820 |
Silgan Holdings, Inc. | 8,977 | 442,207 |
Sonoco Products Co. | 10,389 | 629,781 |
SSR Mining, Inc. | 21,993 | 314,940 |
Steel Dynamics, Inc. | 17,779 | 1,848,127 |
The Chemours Co. | 15,726 | 457,155 |
The Mosaic Co. | 36,319 | 1,556,269 |
The Scotts Miracle-Gro Co. | 4,309 | 287,884 |
United States Steel Corp. | 23,975 | 548,548 |
Vulcan Materials Co. | 14,140 | 2,476,197 |
Westlake Corp. | 3,524 | 400,961 |
Westrock Co. | 27,059 | 809,876 |
62,399,199 | ||
Media & Entertainment 3.5% | ||
Altice USA, Inc., Class A * | 22,554 | 78,939 |
AMC Entertainment Holdings, Inc., Class A (a) | 54,892 | 301,906 |
Cable One, Inc. | 616 | 467,181 |
DISH Network Corp., Class A * | 26,922 | 202,184 |
Electronic Arts, Inc. | 29,194 | 3,715,812 |
Fox Corp., Class A | 31,151 | 1,036,082 |
Fox Corp., Class B | 14,896 | 454,924 |
IAC, Inc. * | 8,205 | 424,773 |
Liberty Broadband Corp., Class A * | 1,840 | 155,535 |
Liberty Broadband Corp., Class C * | 12,756 | 1,081,454 |
Liberty Media Corp. - Liberty Formula One, Class A * | 2,235 | 144,783 |
Liberty Media Corp. - Liberty Formula One, Class C * | 21,437 | 1,547,537 |
Liberty Media Corp. - Liberty SiriusXM, Class A * | 8,009 | 225,053 |
Liberty Media Corp. - Liberty SiriusXM, Class C * | 16,526 | 461,736 |
Live Nation Entertainment, Inc. * | 16,652 | 1,128,673 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Madison Square Garden Sports Corp. | 1,988 | 398,594 |
Match Group, Inc. * | 29,763 | 1,098,255 |
News Corp., Class A | 40,553 | 714,138 |
News Corp., Class B | 12,641 | 224,378 |
Nexstar Media Group, Inc., Class A | 3,870 | 671,251 |
Omnicom Group, Inc. | 21,410 | 1,939,104 |
Paramount Global, Class A | 955 | 25,269 |
Paramount Global, Class B | 61,617 | 1,437,525 |
Pinterest, Inc., Class A * | 63,433 | 1,458,959 |
Playtika Holding Corp. * | 9,709 | 97,090 |
ROBLOX Corp., Class A * | 47,782 | 1,701,039 |
Roku, Inc. * | 13,003 | 730,899 |
Sirius XM Holdings, Inc. (a) | 74,925 | 284,715 |
Spotify Technology S.A. * | 14,950 | 1,997,320 |
Take-Two Interactive Software, Inc. * | 17,651 | 2,193,843 |
The Interpublic Group of Cos., Inc. | 41,439 | 1,480,615 |
The New York Times Co., Class A | 17,340 | 689,265 |
The Trade Desk, Inc., Class A * | 46,870 | 3,015,616 |
TripAdvisor, Inc. * | 10,903 | 193,310 |
Warner Bros Discovery, Inc. * | 251,974 | 3,429,366 |
World Wrestling Entertainment, Inc., Class A | 4,596 | 492,553 |
ZoomInfo Technologies, Inc. * | 29,350 | 643,059 |
36,342,735 | ||
Pharmaceuticals, Biotechnology & Life Sciences 5.5% | ||
10X Genomics, Inc., Class A * | 9,826 | 515,177 |
Agilent Technologies, Inc. | 31,599 | 4,279,453 |
Alnylam Pharmaceuticals, Inc. * | 13,128 | 2,615,098 |
Avantor, Inc. * | 65,125 | 1,268,635 |
Azenta, Inc. * | 7,294 | 317,216 |
Biogen, Inc. * | 15,312 | 4,658,370 |
BioMarin Pharmaceutical, Inc. * | 19,708 | 1,892,756 |
Bio-Rad Laboratories, Inc., Class A * | 2,283 | 1,029,154 |
Bio-Techne Corp. | 16,614 | 1,327,126 |
Bruker Corp. | 11,449 | 905,959 |
Catalent, Inc. * | 19,109 | 957,743 |
Charles River Laboratories International, Inc. * | 5,384 | 1,023,606 |
Elanco Animal Health, Inc. * | 47,539 | 450,194 |
Exact Sciences Corp. * | 18,667 | 1,195,995 |
Exelixis, Inc. * | 34,149 | 624,927 |
Horizon Therapeutics plc * | 23,642 | 2,628,045 |
Incyte Corp. * | 19,487 | 1,450,028 |
Ionis Pharmaceuticals, Inc. * | 15,080 | 533,380 |
IQVIA Holdings, Inc. * | 19,817 | 3,730,154 |
Jazz Pharmaceuticals plc * | 6,573 | 923,309 |
Maravai LifeSciences Holdings, Inc., Class A * | 11,627 | 160,336 |
Mettler-Toledo International, Inc. * | 2,349 | 3,503,534 |
Mirati Therapeutics, Inc. * | 4,739 | 209,985 |
Natera, Inc. * | 10,429 | 528,959 |
Neurocrine Biosciences, Inc. * | 10,227 | 1,033,336 |
Novavax, Inc. *(a) | 9,287 | 71,231 |
Organon & Co. | 27,134 | 668,310 |
PerkinElmer, Inc. | 13,471 | 1,757,831 |
Perrigo Co., plc | 14,339 | 533,267 |
QIAGEN N.V. * | 24,222 | 1,080,544 |
Repligen Corp. * | 5,905 | 895,375 |
Royalty Pharma plc, Class A | 39,720 | 1,396,158 |
Sarepta Therapeutics, Inc. * | 8,985 | 1,103,089 |
Seagen, Inc. * | 14,519 | 2,903,800 |
Sotera Health Co. * | 10,642 | 178,466 |
Syneos Health, Inc. * | 10,940 | 429,504 |
Ultragenyx Pharmaceutical, Inc. * | 7,162 | 312,765 |
United Therapeutics Corp. * | 4,763 | 1,096,109 |
Viatris, Inc. | 129,401 | 1,207,311 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Waters Corp. * | 6,308 | 1,894,671 |
West Pharmaceutical Services, Inc. | 7,909 | 2,857,047 |
56,147,953 | ||
Real Estate Management & Development 0.5% | ||
CBRE Group, Inc., Class A * | 33,667 | 2,580,912 |
Jones Lang LaSalle, Inc. * | 5,097 | 708,687 |
Opendoor Technologies, Inc. * | 49,951 | 68,932 |
The Howard Hughes Corp. * | 3,910 | 302,517 |
WeWork, Inc., Class A *(a) | 22,677 | 9,558 |
Zillow Group, Inc., Class A * | 6,019 | 257,493 |
Zillow Group, Inc., Class C * | 16,853 | 733,780 |
4,661,879 | ||
Semiconductors & Semiconductor Equipment 2.3% | ||
Allegro MicroSystems, Inc. * | 7,078 | 253,180 |
Cirrus Logic, Inc. * | 5,851 | 501,957 |
Enphase Energy, Inc. * | 13,979 | 2,295,352 |
Entegris, Inc. | 15,848 | 1,187,332 |
First Solar, Inc. * | 11,344 | 2,071,188 |
GLOBALFOUNDRIES, Inc. *(a) | 6,771 | 398,135 |
Lattice Semiconductor Corp. * | 14,491 | 1,154,933 |
Microchip Technology, Inc. | 56,857 | 4,149,992 |
MKS Instruments, Inc. | 6,118 | 513,117 |
Monolithic Power Systems, Inc. | 4,896 | 2,261,805 |
ON Semiconductor Corp. * | 46,341 | 3,334,698 |
Qorvo, Inc. * | 10,638 | 979,547 |
Skyworks Solutions, Inc. | 16,967 | 1,796,805 |
Teradyne, Inc. | 16,726 | 1,528,422 |
Universal Display Corp. | 4,638 | 618,988 |
Wolfspeed, Inc. * | 13,149 | 612,086 |
23,657,537 | ||
Software & Services 6.8% | ||
Akamai Technologies, Inc. * | 16,542 | 1,355,948 |
Alteryx, Inc., Class A * | 6,410 | 263,643 |
Amdocs Ltd. | 12,687 | 1,157,689 |
ANSYS, Inc. * | 9,290 | 2,916,317 |
AppLovin Corp., Class A * | 23,366 | 397,222 |
Aspen Technology, Inc. * | 2,879 | 509,583 |
Bentley Systems, Inc., Class B | 18,002 | 766,165 |
Bill.com Holdings, Inc. * | 10,560 | 811,114 |
Black Knight, Inc. * | 16,502 | 901,669 |
Cadence Design Systems, Inc. * | 29,142 | 6,103,792 |
CCC Intelligent Solutions Holdings, Inc. * | 18,159 | 157,620 |
Cloudflare, Inc., Class A * | 30,204 | 1,421,098 |
Confluent, Inc., Class A * | 13,261 | 291,742 |
Crowdstrike Holdings, Inc., Class A * | 23,005 | 2,761,750 |
Datadog, Inc., Class A * | 28,356 | 1,910,627 |
DocuSign, Inc. * | 21,097 | 1,043,036 |
Dolby Laboratories, Inc., Class A | 6,319 | 528,837 |
DoubleVerify Holdings, Inc. * | 9,198 | 270,605 |
Dropbox, Inc., Class A * | 28,638 | 582,497 |
DXC Technology Co. * | 24,562 | 585,804 |
Dynatrace, Inc. * | 23,107 | 976,964 |
Elastic N.V. * | 8,262 | 473,000 |
EPAM Systems, Inc. * | 5,862 | 1,655,663 |
Fair Isaac Corp. * | 2,593 | 1,887,574 |
Five9, Inc. * | 7,475 | 484,679 |
Fortinet, Inc. * | 68,927 | 4,345,847 |
Gartner, Inc. * | 8,197 | 2,479,265 |
Gen Digital, Inc. | 58,606 | 1,035,568 |
Globant S.A. * | 4,347 | 681,914 |
GoDaddy, Inc., Class A * | 16,709 | 1,264,537 |
Guidewire Software, Inc. * | 8,750 | 666,662 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
HubSpot, Inc. * | 4,945 | 2,081,598 |
Informatica, Inc., Class A * | 4,003 | 61,886 |
Jamf Holding Corp. * | 7,084 | 134,029 |
Kyndryl Holdings, Inc. * | 21,836 | 315,749 |
Manhattan Associates, Inc. * | 6,625 | 1,097,630 |
MongoDB, Inc. * | 7,082 | 1,699,397 |
nCino, Inc. * | 7,414 | 183,348 |
NCR Corp. * | 13,744 | 306,354 |
New Relic, Inc. * | 5,689 | 406,593 |
Nutanix, Inc., Class A * | 24,520 | 587,990 |
Okta, Inc. * | 16,154 | 1,107,034 |
Palantir Technologies, Inc., Class A * | 196,470 | 1,522,642 |
Pegasystems, Inc. | 4,444 | 202,735 |
Procore Technologies, Inc. * | 7,593 | 405,542 |
PTC, Inc. * | 11,371 | 1,430,358 |
RingCentral, Inc., Class A * | 9,142 | 251,954 |
SentinelOne, Inc., Class A * | 20,388 | 327,635 |
Smartsheet, Inc., Class A * | 13,575 | 554,810 |
Splunk, Inc. * | 17,377 | 1,498,592 |
Synopsys, Inc. * | 16,286 | 6,047,318 |
Teradata Corp. * | 10,923 | 422,829 |
Thoughtworks Holding, Inc. * | 9,180 | 57,191 |
Twilio, Inc., Class A * | 18,601 | 978,599 |
Tyler Technologies, Inc. * | 4,394 | 1,665,458 |
UiPath, Inc., Class A * | 40,250 | 566,720 |
Unity Software, Inc. * | 25,210 | 679,914 |
VeriSign, Inc. * | 9,909 | 2,197,816 |
Wix.com Ltd. * | 5,886 | 513,436 |
Zoom Video Communications, Inc., Class A * | 26,240 | 1,611,923 |
Zscaler, Inc. * | 9,012 | 811,981 |
70,417,492 | ||
Technology Hardware & Equipment 4.5% | ||
Amphenol Corp., Class A | 62,560 | 4,721,403 |
Arista Networks, Inc. * | 26,284 | 4,209,646 |
Arrow Electronics, Inc. * | 6,198 | 709,237 |
Avnet, Inc. | 9,708 | 400,552 |
CDW Corp. | 14,441 | 2,449,049 |
Ciena Corp. * | 15,734 | 724,393 |
Cognex Corp. | 18,554 | 884,840 |
Coherent Corp. * | 12,668 | 432,486 |
Corning, Inc. | 78,585 | 2,610,594 |
Dell Technologies, Inc., Class C | 25,230 | 1,097,253 |
F5, Inc. * | 6,358 | 854,261 |
Hewlett Packard Enterprise Co. | 137,284 | 1,965,907 |
HP, Inc. | 104,962 | 3,118,421 |
IPG Photonics Corp. * | 3,481 | 400,245 |
Jabil, Inc. | 13,893 | 1,085,738 |
Juniper Networks, Inc. | 34,128 | 1,028,959 |
Keysight Technologies, Inc. * | 19,143 | 2,768,844 |
Littelfuse, Inc. | 2,581 | 625,222 |
Lumentum Holdings, Inc. * | 7,294 | 351,936 |
Motorola Solutions, Inc. | 17,588 | 5,125,143 |
National Instruments Corp. | 13,963 | 813,066 |
NetApp, Inc. | 23,208 | 1,459,551 |
Pure Storage, Inc., Class A * | 30,453 | 695,242 |
TD SYNNEX Corp. | 4,985 | 443,864 |
Teledyne Technologies, Inc. * | 4,946 | 2,049,622 |
Trimble, Inc. * | 26,292 | 1,238,353 |
Ubiquiti, Inc. | 437 | 101,624 |
ViaSat, Inc. * | 7,754 | 271,623 |
Vontier Corp. | 16,854 | 457,249 |
Western Digital Corp. * | 33,946 | 1,169,100 |
Zebra Technologies Corp., Class A * | 5,511 | 1,587,333 |
45,850,756 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Telecommunication Services 0.1% | ||
Frontier Communications Parent, Inc. * | 26,147 | 589,354 |
Lumen Technologies, Inc. | 110,017 | 260,740 |
850,094 | ||
Transportation 2.1% | ||
Alaska Air Group, Inc. * | 13,350 | 580,191 |
American Airlines Group, Inc. * | 68,954 | 940,533 |
Avis Budget Group, Inc. * | 2,727 | 481,779 |
C.H. Robinson Worldwide, Inc. | 12,393 | 1,250,082 |
Copa Holdings S.A., Class A | 3,045 | 275,024 |
Delta Air Lines, Inc. * | 68,353 | 2,345,191 |
Expeditors International of Washington, Inc. | 16,941 | 1,928,563 |
GXO Logistics, Inc. * | 11,277 | 599,147 |
Hertz Global Holdings, Inc. * | 19,460 | 324,593 |
JB Hunt Transport Services, Inc. | 8,801 | 1,542,727 |
JetBlue Airways Corp. * | 34,389 | 245,537 |
Kirby Corp. * | 6,374 | 457,908 |
Knight-Swift Transportation Holdings, Inc. | 16,657 | 938,122 |
Landstar System, Inc. | 3,808 | 670,322 |
Lyft, Inc., Class A * | 34,848 | 357,192 |
Old Dominion Freight Line, Inc. | 10,609 | 3,399,018 |
RXO, Inc. * | 12,133 | 219,486 |
Ryder System, Inc. | 5,186 | 410,524 |
Schneider National, Inc., Class B | 5,769 | 150,975 |
Southwest Airlines Co. | 63,238 | 1,915,479 |
U-Haul Holding Co. | 959 | 58,557 |
U-Haul Holding Co. - Non Voting | 8,648 | 467,857 |
United Airlines Holdings, Inc. * | 34,830 | 1,525,554 |
XPO, Inc. * | 10,928 | 482,799 |
21,567,160 | ||
Utilities 5.8% | ||
Alliant Energy Corp. | 26,771 | 1,476,153 |
Ameren Corp. | 27,491 | 2,445,874 |
American Water Works Co., Inc. | 20,609 | 3,055,284 |
Atmos Energy Corp. | 15,178 | 1,732,417 |
Avangrid, Inc. | 7,568 | 304,688 |
Brookfield Renewable Corp., Class A | 13,633 | 455,479 |
CenterPoint Energy, Inc. | 67,300 | 2,050,631 |
CMS Energy Corp. | 30,922 | 1,925,204 |
Consolidated Edison, Inc. | 37,911 | 3,733,096 |
Constellation Energy Corp. | 34,881 | 2,699,790 |
DTE Energy Co. | 20,606 | 2,316,321 |
Edison International | 40,160 | 2,955,776 |
Entergy Corp. | 21,683 | 2,332,657 |
Essential Utilities, Inc. | 24,709 | 1,055,074 |
Evergy, Inc. | 23,742 | 1,474,616 |
Eversource Energy | 36,809 | 2,856,747 |
FirstEnergy Corp. | 58,000 | 2,308,400 |
Hawaiian Electric Industries, Inc. | 11,614 | 455,385 |
IDACORP, Inc. | 5,374 | 597,159 |
National Fuel Gas Co. | 9,359 | 523,168 |
NiSource, Inc. | 43,366 | 1,234,196 |
NRG Energy, Inc. | 22,661 | 774,326 |
OGE Energy Corp. | 21,322 | 800,428 |
PG&E Corp. * | 175,858 | 3,008,930 |
Pinnacle West Capital Corp. | 12,055 | 945,835 |
PPL Corp. | 78,715 | 2,260,695 |
Public Service Enterprise Group, Inc. | 53,191 | 3,361,671 |
The AES Corp. | 71,249 | 1,685,751 |
UGI Corp. | 22,356 | 757,421 |
Vistra Corp. | 41,951 | 1,000,951 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
WEC Energy Group, Inc. | 33,712 | 3,242,083 |
Xcel Energy, Inc. | 58,256 | 4,072,677 |
59,898,883 | ||
Total Common Stocks (Cost $923,051,161) | 1,024,791,978 | |
INVESTMENT COMPANIES 0.1% OF NET ASSETS | ||
Equity Funds 0.1% | ||
iShares Russell Mid-Cap ETF | 13,000 | 903,760 |
Total Investment Companies (Cost $870,911) | 903,760 |
SHORT-TERM INVESTMENTS 0.7% OF NET ASSETS | ||
Money Market Funds 0.7% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 4.76% (c) | 2,572,798 | 2,572,798 |
State Street Institutional U.S. Government Money Market Fund, Premier Class 4.76% (c)(d) | 4,614,788 | 4,614,788 |
7,187,586 | ||
Total Short-Term Investments (Cost $7,187,586) | 7,187,586 | |
Total Investments in Securities (Cost $931,109,658) | 1,032,883,324 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED DEPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
S&P 400 Mid-Cap Index, e-mini, expires 06/16/23 | 13 | 3,250,780 | (8,507 ) |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $4,486,170. |
(b) | First Republic Bank was placed into receivership with the Federal Deposit Insurance Corp. due to inadequate liquidity and insolvency on May 1, 2023 and the position has subsequently been sold. |
(c) | The rate shown is the annualized 7-day yield. |
(d) | Security purchased with cash collateral received for securities on loan. |
ETF — | Exchange-traded fund |
REIT — | Real Estate Investment Trust |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Common Stocks1 | $1,024,791,978 | $— | $— | $1,024,791,978 |
Investment Companies1 | 903,760 | — | — | 903,760 |
Short-Term Investments1 | 7,187,586 | — | — | 7,187,586 |
Liabilities | ||||
Futures Contracts2 | (8,507 ) | — | — | (8,507 ) |
Total | $1,032,874,817 | $— | $— | $1,032,874,817 |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are reported at cumulative unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - unaffiliated (cost $931,109,658) including securities on loan of $4,486,170 | $1,032,883,324 | |
Deposit with broker for futures contracts | 459,000 | |
Receivables: | ||
Fund shares sold | 620,597 | |
Dividends | 476,077 | |
Income from securities on loan | 46,805 | |
Variation margin on future contracts | + | 26,564 |
Total assets | 1,034,512,367 | |
Liabilities | ||
Collateral held for securities on loan | 4,614,788 | |
Payables: | ||
Fund shares redeemed | 715,374 | |
Investment adviser fees | + | 31,160 |
Total liabilities | 5,361,322 | |
Net assets | $1,029,151,045 | |
Net Assets by Source | ||
Capital received from investors | $953,086,512 | |
Total distributable earnings | + | 76,064,533 |
Net assets | $1,029,151,045 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$1,029,151,045 | 19,423,882 | $52.98 | ||
For the period November 1, 2022 through April 30, 2023; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $2,939) | $8,550,293 | |
Securities on loan, net | + | 209,386 |
Total investment income | 8,759,679 | |
Expenses | ||
Investment adviser fees | 193,859 | |
Total expenses | – | 193,859 |
Net investment income | 8,565,820 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated | (4,252,367 ) | |
Net realized losses on futures contracts | + | (227,782 ) |
Net realized losses | (4,480,149 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 29,630,735 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | (214,261 ) |
Net change in unrealized appreciation (depreciation) | + | 29,416,474 |
Net realized and unrealized gains | 24,936,325 | |
Increase in net assets resulting from operations | $33,502,145 |
OPERATIONS | |||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||
Net investment income | $8,565,820 | $12,651,355 | |
Net realized losses | (4,480,149 ) | (12,154 ) | |
Net change in unrealized appreciation (depreciation) | + | 29,416,474 | (182,662,427 ) |
Increase (decrease) in net assets resulting from operations | $33,502,145 | ($170,023,226 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($14,308,048 ) | ($26,457,808 ) |
TRANSACTIONS IN FUND SHARES | |||||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 3,394,454 | $180,561,198 | 6,524,271 | $369,067,984 | |
Shares reinvested | 225,612 | 11,761,152 | 355,335 | 21,909,932 | |
Shares redeemed | + | (1,619,731 ) | (85,668,435 ) | (3,277,725 ) | (181,890,798 ) |
Net transactions in fund shares | 2,000,335 | $106,653,915 | 3,601,881 | $209,087,118 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 17,423,547 | $903,303,033 | 13,821,666 | $890,696,949 | |
Total increase | + | 2,000,335 | 125,848,012 | 3,601,881 | 12,606,084 |
End of period | 19,423,882 | $1,029,151,045 | 17,423,547 | $903,303,033 |
11/1/22– 4/30/23* | 11/1/21– 10/31/22 | 11/1/20– 10/31/21 | 11/1/19– 10/31/20 | 11/1/18– 10/31/19 | 11/1/17– 10/31/18 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $18.17 | $24.45 | $18.56 | $20.48 | $19.00 | $21.01 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 0.32 | 0.65 | 0.64 | 0.47 | 0.64 | 0.62 |
Net realized and unrealized gains (losses) | 4.09 | (6.14 ) | 5.66 | (1.75 ) | 1.39 | (2.06 ) |
Total from investment operations | 4.41 | (5.49 ) | 6.30 | (1.28 ) | 2.03 | (1.44 ) |
Less distributions: | ||||||
Distributions from net investment income | (0.54 ) | (0.79 ) | (0.41 ) | (0.64 ) | (0.55 ) | (0.57 ) |
Net asset value at end of period | $22.04 | $18.17 | $24.45 | $18.56 | $20.48 | $19.00 |
Total return | 24.63 %2 | (23.12 %) | 34.24 % | (6.56 %) | 11.27 % | (7.11 %) |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.06 %3 | 0.06 %4 | 0.06 % | 0.06 % | 0.06 % | 0.06 % |
Net investment income (loss) | 3.10 %3 | 3.12 % | 2.76 % | 2.47 % | 3.32 % | 2.99 % |
Portfolio turnover rate | 4 %2 | 5 % | 3 % | 7 % | 5 % | 5 % |
Net assets, end of period (x 1,000,000) | $8,702 | $7,127 | $8,781 | $5,937 | $5,443 | $4,314 |
* | Unaudited. |
1 | Calculated based on the average shares outstanding during the period. |
2 | Not annualized. |
3 | Annualized. |
4 | Ratio includes less than 0.005% of non-routine proxy expenses. |
SECURITY | NUMBER OF SHARES | VALUE ($) |
COMMON STOCKS 98.5% OF NET ASSETS | ||
Australia 7.3% | ||
Ampol Ltd. | 131,702 | 2,627,813 |
ANZ Group Holdings Ltd. | 1,638,832 | 26,611,733 |
APA Group | 647,244 | 4,419,013 |
Aristocrat Leisure Ltd. | 329,039 | 8,323,192 |
ASX Ltd. | 106,960 | 4,867,699 |
Aurizon Holdings Ltd. | 1,043,789 | 2,373,208 |
BHP Group Ltd. | 2,778,103 | 82,447,078 |
BlueScope Steel Ltd. | 250,513 | 3,329,746 |
Brambles Ltd. | 756,037 | 7,161,806 |
Cochlear Ltd. | 36,102 | 5,919,558 |
Coles Group Ltd. | 740,651 | 8,947,194 |
Commonwealth Bank of Australia | 928,459 | 61,441,790 |
Computershare Ltd. | 296,274 | 4,410,280 |
CSL Ltd. | 264,355 | 52,774,943 |
Dexus | 596,704 | 3,092,708 |
Endeavour Group Ltd. | 781,219 | 3,521,109 |
Fortescue Metals Group Ltd. | 925,775 | 12,953,091 |
Goodman Group | 926,235 | 11,940,679 |
IDP Education Ltd. | 115,772 | 2,174,982 |
IGO Ltd. | 369,851 | 3,405,914 |
Insurance Australia Group Ltd. | 1,354,263 | 4,486,790 |
James Hardie Industries plc | 243,697 | 5,438,123 |
Lendlease Corp., Ltd. | 373,987 | 1,857,364 |
Macquarie Group Ltd. | 201,826 | 24,621,113 |
Medibank Pvt Ltd. | 1,491,570 | 3,529,887 |
Mineral Resources Ltd. | 93,374 | 4,606,197 |
Mirvac Group | 2,144,917 | 3,443,505 |
National Australia Bank Ltd. | 1,728,101 | 33,267,932 |
Newcrest Mining Ltd. | 489,389 | 9,344,812 |
Northern Star Resources Ltd. | 643,592 | 5,740,715 |
Orica Ltd. | 248,946 | 2,687,077 |
Origin Energy Ltd. | 934,811 | 5,183,073 |
Pilbara Minerals Ltd. | 1,372,728 | 3,907,073 |
Qantas Airways Ltd. * | 507,007 | 2,235,872 |
QBE Insurance Group Ltd. | 812,181 | 8,305,194 |
Ramsay Health Care Ltd. | 98,459 | 4,233,857 |
REA Group Ltd. | 29,206 | 2,746,778 |
Reece Ltd. | 131,932 | 1,607,144 |
Rio Tinto Ltd. | 202,894 | 15,217,986 |
Santos Ltd. | 1,739,108 | 8,238,317 |
Scentre Group | 2,838,495 | 5,447,340 |
SEEK Ltd. | 181,588 | 2,962,843 |
Sonic Healthcare Ltd. | 248,437 | 5,856,391 |
South32 Ltd. | 2,539,806 | 7,179,398 |
Stockland | 1,296,282 | 3,842,666 |
Suncorp Group Ltd. | 695,009 | 5,786,664 |
Telstra Group Ltd. | 2,206,735 | 6,402,211 |
The GPT Group | 1,077,914 | 3,169,630 |
The Lottery Corp., Ltd. | 1,229,691 | 4,123,133 |
Transurban Group | 1,685,487 | 16,809,863 |
Treasury Wine Estates Ltd. | 392,477 | 3,635,553 |
Vicinity Ltd. | 2,129,427 | 2,976,874 |
Washington H Soul Pattinson & Co., Ltd. | 117,853 | 2,467,070 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Wesfarmers Ltd. | 620,467 | 21,464,062 |
Westpac Banking Corp. | 1,917,261 | 28,699,816 |
WiseTech Global Ltd. | 79,553 | 3,643,981 |
Woodside Energy Group Ltd. | 1,046,252 | 23,739,796 |
Woolworths Group Ltd. | 667,934 | 17,230,570 |
Xero Ltd. * | 76,053 | 4,747,664 |
633,627,870 | ||
Austria 0.2% | ||
Erste Group Bank AG | 189,720 | 6,898,069 |
OMV AG | 80,765 | 3,822,019 |
Verbund AG | 37,526 | 3,342,087 |
Voestalpine AG | 64,382 | 2,232,235 |
16,294,410 | ||
Belgium 1.0% | ||
Ageas S.A./N.V. | 89,235 | 3,975,916 |
Anheuser-Busch InBev S.A./N.V. | 477,766 | 31,064,070 |
Argenx SE * | 30,422 | 11,735,229 |
D'ieteren Group | 13,714 | 2,582,193 |
Elia Group S.A./N.V. | 18,191 | 2,494,350 |
Groupe Bruxelles Lambert N.V. | 54,704 | 4,909,761 |
KBC Group N.V. | 136,555 | 9,762,098 |
Sofina S.A. | 8,344 | 1,915,721 |
Solvay S.A. | 40,432 | 4,852,593 |
UCB S.A. | 68,637 | 6,380,331 |
Umicore S.A. | 114,431 | 3,756,256 |
Warehouses De Pauw CVA | 92,407 | 2,763,124 |
86,191,642 | ||
Denmark 3.1% | ||
AP Moller - Maersk A/S, Class A | 1,693 | 3,025,717 |
AP Moller - Maersk A/S, Class B | 2,751 | 4,972,574 |
Carlsberg A/S, Class B | 53,848 | 8,911,667 |
Chr. Hansen Holding A/S | 57,131 | 4,446,474 |
Coloplast A/S, Class B | 65,077 | 9,376,347 |
Danske Bank A/S * | 380,991 | 8,052,162 |
Demant A/S * | 49,414 | 2,117,685 |
DSV A/S | 102,724 | 19,332,892 |
Genmab A/S * | 36,171 | 14,864,997 |
Novo Nordisk A/S, Class B | 908,207 | 151,084,185 |
Novozymes A/S, B Shares | 112,754 | 5,870,275 |
Orsted A/S | 103,221 | 9,264,093 |
Pandora A/S | 49,742 | 4,604,210 |
Rockwool A/S, B Shares | 4,990 | 1,208,590 |
Tryg A/S | 197,574 | 4,669,261 |
Vestas Wind Systems A/S * | 554,733 | 15,349,788 |
267,150,917 | ||
Finland 0.9% | ||
Elisa Oyj | 78,231 | 4,858,246 |
Fortum Oyj | 243,537 | 3,637,464 |
Kesko Oyj, B Shares | 149,674 | 3,120,380 |
Kone Oyj, B Shares | 187,022 | 10,669,744 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Metso Outotec Oyj | 359,299 | 3,966,921 |
Neste Oyj | 231,355 | 11,212,486 |
Nokia Oyj | 2,959,594 | 12,522,490 |
Orion Oyj, B Shares | 58,978 | 2,770,379 |
Sampo Oyj, A Shares | 262,296 | 13,302,330 |
Stora Enso Oyj, R Shares | 302,207 | 3,834,053 |
UPM-Kymmene Oyj | 291,631 | 9,300,228 |
Wartsila Oyj Abp | 264,047 | 3,062,188 |
82,256,909 | ||
France 12.6% | ||
Accor S.A. * | 92,172 | 3,269,995 |
Aeroports de Paris * | 16,156 | 2,567,285 |
Air Liquide S.A. | 287,597 | 51,735,907 |
Airbus SE | 324,186 | 45,397,283 |
Alstom S.A. | 175,688 | 4,415,842 |
Amundi S.A. | 34,423 | 2,255,218 |
ArcelorMittal S.A. | 288,779 | 8,204,107 |
Arkema S.A. | 32,536 | 3,219,210 |
AXA S.A. | 1,034,432 | 33,764,050 |
BioMerieux | 23,030 | 2,411,364 |
BNP Paribas S.A. | 607,715 | 39,266,541 |
Bollore SE | 489,428 | 3,306,264 |
Bouygues S.A. | 124,185 | 4,547,560 |
Bureau Veritas S.A. | 160,578 | 4,630,283 |
Capgemini SE | 90,035 | 16,418,543 |
Carrefour S.A. | 326,358 | 6,788,445 |
Cie de Saint-Gobain | 269,090 | 15,578,886 |
Cie Generale des Etablissements Michelin S.C.A. | 375,656 | 11,963,738 |
Covivio S.A. (a) | 25,895 | 1,472,362 |
Credit Agricole S.A. | 662,562 | 8,098,845 |
Danone S.A. | 351,791 | 23,282,813 |
Dassault Aviation S.A. | 13,812 | 2,699,110 |
Dassault Systemes SE | 366,580 | 14,881,546 |
Edenred | 136,865 | 8,892,617 |
Eiffage S.A. | 45,862 | 5,458,670 |
Engie S.A. | 1,003,531 | 16,060,799 |
EssilorLuxottica S.A. | 160,218 | 31,719,965 |
Eurazeo SE | 23,599 | 1,685,059 |
Eurofins Scientific SE | 73,891 | 5,161,273 |
Euronext N.V. | 46,230 | 3,676,637 |
Gecina S.A. | 25,368 | 2,824,032 |
Getlink SE | 239,494 | 4,475,961 |
Hermes International | 17,374 | 37,720,265 |
Ipsen S.A. | 20,416 | 2,475,750 |
Kering S.A. | 40,936 | 26,214,051 |
Klepierre S.A. | 115,966 | 2,937,433 |
La Francaise des Jeux SAEM | 56,889 | 2,431,540 |
Legrand S.A. | 146,539 | 13,870,493 |
L'Oreal S.A. | 132,318 | 63,237,020 |
LVMH Moet Hennessy Louis Vuitton SE | 151,889 | 146,099,166 |
Orange S.A. | 1,094,873 | 14,250,774 |
Pernod-Ricard S.A. | 112,893 | 26,072,534 |
Publicis Groupe S.A. | 124,851 | 10,207,451 |
Remy Cointreau S.A. | 12,675 | 2,193,130 |
Renault S.A. * | 102,730 | 3,815,696 |
Safran S.A. | 187,668 | 29,186,078 |
Sanofi | 625,998 | 67,462,733 |
Sartorius Stedim Biotech | 15,158 | 4,060,808 |
Schneider Electric SE | 297,338 | 51,853,312 |
SEB S.A. | 13,670 | 1,567,429 |
Societe Generale S.A. | 445,005 | 10,808,398 |
Sodexo S.A. | 48,742 | 5,223,584 |
STMicroelectronics N.V. | 374,857 | 16,035,289 |
Teleperformance | 32,390 | 6,473,321 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Thales S.A. | 58,835 | 8,978,419 |
TotalEnergies SE | 1,365,707 | 87,268,556 |
Unibail-Rodamco-Westfield * | 64,651 | 3,466,975 |
Valeo S.A. | 113,893 | 2,223,950 |
Veolia Environnement S.A. | 366,131 | 11,593,523 |
Vinci S.A. | 295,536 | 36,555,206 |
Vivendi SE | 394,918 | 4,337,957 |
Wendel SE | 15,141 | 1,698,506 |
Worldline S.A. * | 131,258 | 5,710,079 |
1,096,159,636 | ||
Germany 8.1% | ||
adidas AG | 88,982 | 15,670,266 |
Allianz SE | 221,098 | 55,519,246 |
Aroundtown S.A. | 540,841 | 736,838 |
BASF SE | 502,847 | 26,009,326 |
Bayer AG | 539,979 | 35,636,607 |
Bayerische Motoren Werke AG | 180,803 | 20,265,194 |
Bechtle AG | 44,092 | 2,050,683 |
Beiersdorf AG | 55,260 | 7,715,918 |
Brenntag SE | 84,002 | 6,846,552 |
Carl Zeiss Meditec AG, Class B | 22,334 | 3,003,975 |
Commerzbank AG * | 589,859 | 6,555,167 |
Continental AG | 60,491 | 4,244,481 |
Covestro AG * | 105,674 | 4,635,965 |
Daimler Truck Holding AG * | 246,671 | 8,150,740 |
Delivery Hero SE * | 92,491 | 3,696,975 |
Deutsche Bank AG | 1,136,757 | 12,496,006 |
Deutsche Boerse AG | 104,162 | 19,864,602 |
Deutsche Lufthansa AG * | 329,836 | 3,545,712 |
Deutsche Post AG | 542,477 | 26,092,915 |
Deutsche Telekom AG | 1,778,139 | 42,874,089 |
E.ON SE | 1,233,043 | 16,310,379 |
Evonik Industries AG | 115,176 | 2,513,887 |
Fresenius Medical Care AG & Co. KGaA | 114,160 | 5,539,495 |
Fresenius SE & Co. KGaA | 229,444 | 6,647,903 |
GEA Group AG | 82,635 | 3,886,560 |
Hannover Rueck SE | 32,915 | 7,032,586 |
HeidelbergCement AG | 78,950 | 5,979,798 |
HelloFresh SE * | 86,662 | 2,327,060 |
Henkel AG & Co. KGaA | 56,390 | 4,170,280 |
Infineon Technologies AG | 714,287 | 26,012,027 |
Knorr-Bremse AG | 38,882 | 2,725,305 |
LEG Immobilien SE | 40,304 | 2,508,652 |
Mercedes-Benz Group AG | 439,186 | 34,250,362 |
Merck KGaA * | 71,165 | 12,764,780 |
MTU Aero Engines AG | 29,131 | 7,648,911 |
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen * | 76,676 | 28,816,944 |
Nemetschek SE | 32,037 | 2,504,118 |
Puma SE | 57,675 | 3,379,644 |
QIAGEN N.V. * | 124,507 | 5,568,046 |
Rational AG | 2,766 | 2,003,329 |
Rheinmetall AG | 24,035 | 7,039,678 |
RWE AG * | 352,626 | 16,533,307 |
SAP SE | 572,460 | 77,463,072 |
Scout24 SE | 43,264 | 2,696,520 |
Siemens AG | 420,095 | 69,245,228 |
Siemens Energy AG * | 287,828 | 7,064,478 |
Siemens Healthineers AG | 154,677 | 9,640,343 |
Symrise AG | 72,896 | 8,807,477 |
Telefonica Deutschland Holding AG | 606,151 | 2,048,167 |
United Internet AG | 45,864 | 787,454 |
Volkswagen AG | 16,458 | 2,763,178 |
Vonovia SE | 392,002 | 8,501,945 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Zalando SE * | 123,167 | 5,065,792 |
705,857,962 | ||
Hong Kong 2.7% | ||
AIA Group Ltd. | 6,482,400 | 70,574,352 |
BOC Hong Kong Holdings Ltd. | 2,029,090 | 6,405,273 |
Budweiser Brewing Co. APAC Ltd. | 951,000 | 2,747,638 |
CK Asset Holdings Ltd. | 1,102,711 | 6,520,464 |
CK Hutchison Holdings Ltd. | 1,482,525 | 9,911,313 |
CK Infrastructure Holdings Ltd. | 349,000 | 1,986,991 |
CLP Holdings Ltd. | 895,426 | 6,667,093 |
ESR Group Ltd. | 1,086,734 | 1,698,722 |
Futu Holdings Ltd., ADR * | 32,880 | 1,455,598 |
Galaxy Entertainment Group Ltd. * | 1,192,000 | 8,483,811 |
Hang Lung Properties Ltd. | 1,124,000 | 2,054,589 |
Hang Seng Bank Ltd. | 420,440 | 6,232,117 |
Henderson Land Development Co., Ltd. | 808,735 | 2,879,683 |
HKT Trust & HKT Ltd. | 2,053,000 | 2,698,200 |
Hong Kong & China Gas Co., Ltd. | 6,085,696 | 5,403,676 |
Hong Kong Exchanges & Clearing Ltd. | 659,465 | 27,378,942 |
Hongkong Land Holdings Ltd. | 602,201 | 2,680,056 |
Jardine Matheson Holdings Ltd. | 86,717 | 4,192,052 |
Link REIT | 1,396,940 | 9,137,225 |
MTR Corp., Ltd. | 851,052 | 4,252,299 |
New World Development Co., Ltd. | 824,778 | 2,199,581 |
Power Assets Holdings Ltd. | 749,438 | 4,282,512 |
Sands China Ltd. * | 1,365,600 | 4,890,784 |
Sino Land Co., Ltd. | 1,912,425 | 2,577,129 |
SITC International Holdings Co., Ltd. | 720,000 | 1,331,771 |
Sun Hung Kai Properties Ltd. | 792,604 | 11,035,648 |
Swire Pacific Ltd., A Shares | 263,090 | 2,088,442 |
Swire Properties Ltd. | 620,400 | 1,667,469 |
Techtronic Industries Co., Ltd. | 763,500 | 8,259,915 |
WH Group Ltd. | 4,467,789 | 2,487,390 |
Wharf Real Estate Investment Co., Ltd. | 908,188 | 5,237,261 |
Xinyi Glass Holdings Ltd. | 986,000 | 1,803,926 |
231,221,922 | ||
Ireland 0.8% | ||
AIB Group plc | 566,880 | 2,437,911 |
Bank of Ireland Group plc | 581,736 | 6,016,846 |
CRH plc | 409,587 | 19,764,205 |
Flutter Entertainment plc * | 91,591 | 18,301,492 |
Kerry Group plc, Class A | 86,811 | 9,143,334 |
Kingspan Group plc | 84,429 | 5,850,908 |
Smurfit Kappa Group plc | 135,940 | 5,036,460 |
66,551,156 | ||
Israel 0.6% | ||
Azrieli Group Ltd. | 23,908 | 1,394,223 |
Bank Hapoalim B.M. | 693,485 | 5,974,089 |
Bank Leumi Le-Israel B.M. | 846,266 | 6,708,081 |
Bezeq The Israeli Telecommunication Corp., Ltd. | 1,132,512 | 1,541,832 |
Check Point Software Technologies Ltd. * | 54,966 | 7,000,470 |
CyberArk Software Ltd. * | 22,219 | 2,768,487 |
Elbit Systems Ltd. | 14,680 | 2,717,557 |
ICL Group Ltd. | 390,867 | 2,427,606 |
Israel Discount Bank Ltd., A Shares | 674,728 | 3,353,292 |
Mizrahi Tefahot Bank Ltd. | 84,544 | 2,772,473 |
Nice Ltd. * | 34,809 | 7,135,136 |
Teva Pharmaceutical Industries Ltd. ADR, ADR * | 604,228 | 5,274,910 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
The First International Bank of Israel Ltd. | 30,895 | 1,122,540 |
Tower Semiconductor Ltd. * | 59,552 | 2,625,757 |
Wix.com Ltd. * | 31,152 | 2,717,389 |
55,533,842 | ||
Italy 2.5% | ||
Amplifon S.p.A. | 66,849 | 2,454,020 |
Assicurazioni Generali S.p.A. | 608,366 | 12,671,118 |
CNH Industrial N.V. | 557,599 | 7,846,442 |
Davide Campari-Milano N.V. | 285,422 | 3,678,367 |
DiaSorin S.p.A. | 13,779 | 1,496,575 |
Enel S.p.A. | 4,455,903 | 30,443,239 |
Eni S.p.A. | 1,371,167 | 20,714,793 |
Ferrari N.V. | 69,156 | 19,270,205 |
FinecoBank Banca Fineco S.p.A. | 338,809 | 5,135,561 |
Infrastrutture Wireless Italiane S.p.A. | 183,838 | 2,551,583 |
Intesa Sanpaolo S.p.A. | 8,843,423 | 23,252,819 |
Mediobanca Banca di Credito Finanziario S.p.A. | 340,089 | 3,652,277 |
Moncler S.p.A. | 112,185 | 8,322,014 |
Nexi S.p.A. * | 326,368 | 2,706,175 |
Poste Italiane S.p.A. | 284,999 | 2,965,968 |
Prysmian S.p.A. | 140,519 | 5,750,829 |
Recordati Industria Chimica e Farmaceutica S.p.A. | 56,918 | 2,620,074 |
Snam S.p.A. | 1,103,200 | 6,131,228 |
Stellantis N.V. | 1,233,496 | 20,459,469 |
Telecom Italia S.p.A. * | 5,333,218 | 1,568,567 |
Tenaris S.A. | 257,960 | 3,690,187 |
Terna - Rete Elettrica Nazionale | 765,069 | 6,622,239 |
UniCredit S.p.A. | 1,052,149 | 20,848,835 |
214,852,584 | ||
Japan 20.9% | ||
Advantest Corp. | 99,598 | 7,761,858 |
Aeon Co., Ltd. | 356,100 | 7,258,030 |
AGC, Inc. | 106,493 | 3,970,577 |
Aisin Corp. | 82,000 | 2,406,819 |
Ajinomoto Co., Inc. | 248,800 | 8,947,930 |
ANA Holdings, Inc. * | 87,500 | 1,908,641 |
Asahi Group Holdings Ltd. | 249,400 | 9,635,338 |
Asahi Intecc Co., Ltd. | 120,900 | 2,187,835 |
Asahi Kasei Corp. | 683,900 | 4,830,494 |
Astellas Pharma, Inc. | 1,006,350 | 15,160,219 |
Azbil Corp. | 62,600 | 1,750,718 |
Bandai Namco Holdings, Inc. | 329,400 | 7,482,457 |
BayCurrent Consulting, Inc. | 73,200 | 2,544,431 |
Bridgestone Corp. | 312,557 | 12,551,770 |
Brother Industries Ltd. | 127,600 | 2,003,988 |
Canon, Inc. | 549,495 | 13,087,512 |
Capcom Co., Ltd. | 93,300 | 3,505,990 |
Central Japan Railway Co. | 78,700 | 9,742,955 |
Chubu Electric Power Co., Inc. | 355,900 | 3,969,123 |
Chugai Pharmaceutical Co., Ltd. | 368,000 | 9,496,475 |
Concordia Financial Group Ltd. | 591,500 | 2,244,363 |
CyberAgent, Inc. | 236,200 | 2,061,222 |
Dai Nippon Printing Co., Ltd. | 122,548 | 3,522,777 |
Daifuku Co., Ltd. | 165,990 | 3,058,329 |
Dai-ichi Life Holdings, Inc. | 535,300 | 9,956,990 |
Daiichi Sankyo Co., Ltd. | 962,100 | 33,014,081 |
Daikin Industries Ltd. | 136,500 | 24,792,641 |
Daito Trust Construction Co., Ltd. | 34,800 | 3,298,263 |
Daiwa House Industry Co., Ltd. | 328,100 | 8,362,769 |
Daiwa House REIT Investment Corp. | 1,201 | 2,555,330 |
Daiwa Securities Group, Inc. | 768,300 | 3,568,517 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Denso Corp. | 238,000 | 14,366,533 |
Dentsu Group, Inc. | 112,600 | 4,057,520 |
Disco Corp. | 47,400 | 5,396,736 |
East Japan Railway Co. | 166,260 | 9,513,663 |
Eisai Co., Ltd. | 137,200 | 7,916,893 |
ENEOS Holdings, Inc. | 1,694,800 | 6,029,292 |
FANUC Corp. | 525,300 | 17,740,008 |
Fast Retailing Co., Ltd. | 95,800 | 22,685,597 |
Fuji Electric Co., Ltd. | 67,200 | 2,712,560 |
FUJIFILM Holdings Corp. | 197,611 | 10,299,475 |
Fujitsu Ltd. | 108,000 | 14,393,940 |
GLP J-REIT | 2,428 | 2,774,172 |
GMO Payment Gateway, Inc. | 23,400 | 1,830,156 |
Hakuhodo DY Holdings, Inc. | 125,400 | 1,477,630 |
Hamamatsu Photonics K.K. | 76,500 | 4,055,559 |
Hankyu Hanshin Holdings, Inc. | 126,600 | 3,952,615 |
Hikari Tsushin, Inc. | 10,993 | 1,499,940 |
Hirose Electric Co., Ltd. | 16,664 | 2,248,954 |
Hitachi Construction Machinery Co., Ltd. | 59,353 | 1,462,569 |
Hitachi Ltd. | 532,315 | 29,444,799 |
Honda Motor Co., Ltd. | 894,639 | 23,728,530 |
Hoshizaki Corp. | 61,600 | 2,169,624 |
Hoya Corp. | 195,507 | 20,499,882 |
Hulic Co., Ltd. | 216,600 | 1,864,937 |
Ibiden Co., Ltd. | 61,500 | 2,419,792 |
Idemitsu Kosan Co., Ltd. | 112,203 | 2,389,143 |
Iida Group Holdings Co., Ltd. | 81,700 | 1,452,568 |
Inpex Corp. | 570,000 | 6,237,536 |
Isuzu Motors Ltd. | 318,900 | 3,765,895 |
ITOCHU Corp. | 652,100 | 21,633,326 |
Itochu Techno-Solutions Corp. | 51,087 | 1,322,927 |
Japan Airlines Co., Ltd. | 76,700 | 1,463,175 |
Japan Exchange Group, Inc. | 269,100 | 4,369,587 |
Japan Metropolitan Fund Invest | 3,872 | 2,835,138 |
Japan Post Bank Co., Ltd. | 816,400 | 6,519,417 |
Japan Post Holdings Co., Ltd. | 1,301,400 | 10,713,027 |
Japan Post Insurance Co., Ltd. | 109,100 | 1,771,683 |
Japan Real Estate Investment Corp. | 671 | 2,658,770 |
Japan Tobacco, Inc. | 658,800 | 14,175,314 |
JFE Holdings, Inc. | 268,000 | 3,170,519 |
JSR Corp. | 99,200 | 2,301,781 |
Kajima Corp. | 231,200 | 3,058,900 |
Kao Corp. | 255,719 | 10,333,212 |
KDDI Corp. | 888,900 | 27,749,797 |
Keio Corp. | 56,500 | 2,098,406 |
Keisei Electric Railway Co., Ltd. | 72,556 | 2,560,422 |
Keyence Corp. | 106,700 | 48,117,013 |
Kikkoman Corp. | 81,377 | 4,820,260 |
Kintetsu Group Holdings Co., Ltd. | 92,000 | 3,105,668 |
Kirin Holdings Co., Ltd. | 448,900 | 7,292,522 |
Kobayashi Pharmaceutical Co., Ltd. | 27,200 | 1,697,335 |
Kobe Bussan Co., Ltd. | 81,700 | 2,285,019 |
Koei Tecmo Holdings Co., Ltd. | 64,600 | 1,187,979 |
Koito Manufacturing Co., Ltd. | 114,000 | 2,205,154 |
Komatsu Ltd. | 510,309 | 12,691,317 |
Konami Group Corp. | 49,700 | 2,445,437 |
Kose Corp. | 18,300 | 2,135,522 |
Kubota Corp. | 558,000 | 8,455,369 |
Kurita Water Industries Ltd. | 57,147 | 2,394,965 |
Kyocera Corp. | 175,600 | 9,216,810 |
Kyowa Kirin Co., Ltd. | 146,900 | 3,268,728 |
Lasertec Corp. | 41,000 | 5,577,887 |
Lixil Corp. | 153,287 | 2,412,895 |
M3, Inc. (b) | 242,000 | 5,623,475 |
Makita Corp. | 122,100 | 3,444,525 |
Marubeni Corp. | 850,000 | 12,064,211 |
MatsukiyoCocokara & Co. | 61,900 | 3,314,734 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Mazda Motor Corp. | 312,900 | 2,831,583 |
McDonald's Holdings Co., Japan Ltd. | 48,100 | 2,003,857 |
MEIJI Holdings Co., Ltd. | 120,400 | 2,905,217 |
MINEBEA MITSUMI, Inc. | 194,500 | 3,601,872 |
MISUMI Group, Inc. | 155,300 | 3,917,783 |
Mitsubishi Chemical Group Corp. | 698,500 | 4,097,848 |
Mitsubishi Corp. | 686,400 | 25,448,867 |
Mitsubishi Electric Corp. | 1,062,400 | 13,172,571 |
Mitsubishi Estate Co., Ltd. | 620,202 | 7,643,556 |
Mitsubishi HC Capital, Inc. | 348,838 | 1,810,726 |
Mitsubishi Heavy Industries Ltd. | 175,200 | 6,643,625 |
Mitsubishi UFJ Financial Group, Inc. | 6,566,709 | 41,104,531 |
Mitsui & Co., Ltd. | 784,800 | 24,500,442 |
Mitsui Chemicals, Inc. | 103,900 | 2,628,774 |
Mitsui Fudosan Co., Ltd. | 495,977 | 9,851,099 |
Mitsui O.S.K. Lines Ltd. | 188,600 | 4,675,509 |
Mizuho Financial Group, Inc. | 1,322,313 | 19,168,023 |
MonotaRO Co., Ltd. | 138,200 | 2,090,813 |
MS&AD Insurance Group Holdings, Inc. | 236,862 | 7,774,356 |
Murata Manufacturing Co., Ltd. | 315,000 | 17,871,895 |
NEC Corp. | 135,500 | 5,210,694 |
Nexon Co., Ltd. | 258,100 | 5,830,570 |
NGK Insulators Ltd. | 131,600 | 1,651,820 |
Nidec Corp. | 246,100 | 12,177,535 |
Nihon M&A Center Holdings, Inc. | 163,700 | 1,251,297 |
Nintendo Co., Ltd. | 604,590 | 25,560,475 |
Nippon Building Fund, Inc. | 838 | 3,513,915 |
Nippon Express Holdings, Inc. | 41,700 | 2,447,036 |
Nippon Paint Holdings Co., Ltd. | 453,200 | 4,088,878 |
Nippon Prologis REIT, Inc. | 1,184 | 2,697,237 |
Nippon Sanso Holdings Corp. | 94,900 | 1,712,250 |
Nippon Shinyaku Co., Ltd. | 27,200 | 1,243,820 |
Nippon Steel Corp. | 440,641 | 9,410,950 |
Nippon Telegraph & Telephone Corp. | 655,371 | 19,997,976 |
Nippon Yusen K.K. | 265,700 | 6,280,853 |
Nissan Chemical Corp. | 68,666 | 3,051,657 |
Nissan Motor Co., Ltd. | 1,267,296 | 4,621,112 |
Nisshin Seifun Group, Inc. | 107,800 | 1,306,692 |
Nissin Foods Holdings Co., Ltd. | 34,000 | 3,278,008 |
Nitori Holdings Co., Ltd. | 43,900 | 5,590,042 |
Nitto Denko Corp. | 77,100 | 4,984,377 |
Nomura Holdings, Inc. | 1,595,600 | 5,720,067 |
Nomura Real Estate Holdings, Inc. | 66,600 | 1,659,607 |
Nomura Real Estate Master Fund, Inc. | 2,317 | 2,711,135 |
Nomura Research Institute Ltd. | 216,600 | 5,449,558 |
NTT Data Corp. | 342,300 | 4,649,510 |
Obayashi Corp. | 351,300 | 2,928,707 |
Obic Co., Ltd. | 38,000 | 5,854,855 |
Odakyu Electric Railway Co., Ltd. | 160,400 | 2,240,518 |
Oji Holdings Corp. | 443,200 | 1,741,642 |
Olympus Corp. | 667,000 | 11,676,779 |
Omron Corp. | 101,800 | 5,971,498 |
Ono Pharmaceutical Co., Ltd. | 196,600 | 3,958,559 |
Open House Group Co., Ltd. | 42,300 | 1,690,847 |
Oracle Corp. Japan | 20,900 | 1,499,968 |
Oriental Land Co., Ltd. | 548,100 | 19,396,808 |
ORIX Corp. | 657,700 | 11,189,135 |
Osaka Gas Co., Ltd. | 206,800 | 3,420,719 |
Otsuka Corp. | 63,200 | 2,300,419 |
Otsuka Holdings Co., Ltd. | 214,100 | 7,283,844 |
Pan Pacific International Holdings Corp. | 209,400 | 3,913,044 |
Panasonic Holdings Corp. | 1,208,912 | 11,386,473 |
Persol Holdings Co., Ltd. | 96,600 | 1,991,835 |
Rakuten Group, Inc. | 481,420 | 2,401,299 |
Recruit Holdings Co., Ltd. | 791,100 | 22,193,191 |
Renesas Electronics Corp. * | 643,600 | 8,387,684 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Resona Holdings, Inc. | 1,196,185 | 5,961,739 |
Ricoh Co., Ltd. | 297,600 | 2,464,046 |
Rohm Co., Ltd. | 47,700 | 3,591,244 |
SBI Holdings, Inc. | 136,390 | 2,663,800 |
SCSK Corp. | 85,200 | 1,286,333 |
Secom Co., Ltd. | 115,600 | 7,402,330 |
Seiko Epson Corp. | 152,100 | 2,326,177 |
Sekisui Chemical Co., Ltd. | 204,600 | 2,911,959 |
Sekisui House Ltd. | 335,769 | 6,902,955 |
Seven & i Holdings Co., Ltd. | 413,303 | 18,729,834 |
SG Holdings Co., Ltd. | 159,028 | 2,288,383 |
Sharp Corp. | 117,800 | 839,561 |
Shimadzu Corp. | 130,600 | 4,084,745 |
Shimano, Inc. | 40,400 | 6,247,957 |
Shimizu Corp. | 314,100 | 1,918,211 |
Shin-Etsu Chemical Co., Ltd. | 1,017,200 | 29,026,632 |
Shionogi & Co., Ltd. | 145,000 | 6,490,857 |
Shiseido Co., Ltd. | 220,200 | 11,037,698 |
Shizuoka Financial Group, Inc. | 243,000 | 1,831,648 |
SMC Corp. | 31,400 | 15,660,587 |
Softbank Corp. | 1,571,400 | 17,692,094 |
SoftBank Group Corp. | 659,800 | 24,744,092 |
Sompo Holdings, Inc. | 173,200 | 7,227,565 |
Sony Group Corp. | 691,100 | 62,526,374 |
Square Enix Holdings Co., Ltd. | 47,100 | 2,317,749 |
Subaru Corp. | 334,600 | 5,461,279 |
SUMCO Corp. | 191,200 | 2,633,140 |
Sumitomo Chemical Co., Ltd. | 812,900 | 2,746,967 |
Sumitomo Corp. | 619,500 | 11,103,209 |
Sumitomo Electric Industries Ltd. | 393,400 | 5,020,672 |
Sumitomo Metal Mining Co., Ltd. | 138,400 | 5,108,164 |
Sumitomo Mitsui Financial Group, Inc. | 718,246 | 29,357,315 |
Sumitomo Mitsui Trust Holdings, Inc. | 180,500 | 6,506,609 |
Sumitomo Realty & Development Co., Ltd. | 171,100 | 3,995,054 |
Suntory Beverage & Food Ltd. | 75,400 | 2,838,461 |
Suzuki Motor Corp. | 201,500 | 7,025,992 |
Sysmex Corp. | 92,000 | 5,917,733 |
T&D Holdings, Inc. | 286,400 | 3,507,355 |
Taisei Corp. | 98,100 | 3,336,470 |
Takeda Pharmaceutical Co., Ltd. | 828,090 | 27,458,748 |
TDK Corp. | 213,700 | 7,346,771 |
Terumo Corp. | 352,600 | 10,558,882 |
The Chiba Bank Ltd. | 291,200 | 1,901,544 |
The Kansai Electric Power Co., Inc. | 387,800 | 4,186,187 |
TIS, Inc. | 123,000 | 3,377,545 |
Tobu Railway Co., Ltd. | 104,900 | 2,677,656 |
Toho Co., Ltd. | 61,008 | 2,423,636 |
Tokio Marine Holdings, Inc. | 1,005,597 | 20,219,557 |
Tokyo Electric Power Co. Holdings, Inc. * | 869,690 | 3,118,198 |
Tokyo Electron Ltd. | 245,200 | 28,076,745 |
Tokyo Gas Co., Ltd. | 215,140 | 4,406,718 |
Tokyu Corp. | 290,900 | 4,106,352 |
Toppan, Inc. | 145,100 | 3,084,645 |
Toray Industries, Inc. | 757,000 | 4,290,145 |
Toshiba Corp. | 214,317 | 6,905,245 |
Tosoh Corp. | 145,100 | 1,938,578 |
TOTO Ltd. | 76,500 | 2,616,431 |
Toyota Industries Corp. | 80,100 | 4,655,243 |
Toyota Motor Corp. | 5,829,015 | 80,032,515 |
Toyota Tsusho Corp. | 116,569 | 4,845,456 |
Trend Micro, Inc. | 74,000 | 3,615,897 |
Unicharm Corp. | 221,000 | 8,921,750 |
USS Co., Ltd. | 121,800 | 2,046,725 |
Welcia Holdings Co., Ltd. | 51,100 | 1,069,883 |
West Japan Railway Co. | 119,432 | 5,176,392 |
Yakult Honsha Co., Ltd. | 71,100 | 5,347,712 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Yamaha Corp. | 76,600 | 3,018,776 |
Yamaha Motor Co., Ltd. | 161,700 | 4,193,081 |
Yamato Holdings Co., Ltd. | 153,100 | 2,629,888 |
Yaskawa Electric Corp. | 131,500 | 5,355,421 |
Yokogawa Electric Corp. | 129,400 | 2,101,558 |
Z Holdings Corp. | 1,453,100 | 3,980,391 |
ZOZO, Inc. | 69,300 | 1,458,373 |
1,818,660,662 | ||
Netherlands 4.3% | ||
ABN AMRO Bank N.V., GDR | 221,548 | 3,550,807 |
Adyen N.V. * | 11,894 | 19,111,899 |
Aegon N.V. | 981,624 | 4,478,880 |
AerCap Holdings N.V. * | 92,127 | 5,192,278 |
Akzo Nobel N.V. | 100,124 | 8,306,112 |
ASM International N.V. | 25,855 | 9,386,643 |
ASML Holding N.V. | 221,384 | 140,493,027 |
BNP Paribas Emissions- und Handelsgesellschaft mbH | 2,039,030 | 25,288,636 |
Coca-Cola Europacific Partners plc | 111,887 | 7,213,355 |
DSM-Firmenich AG * | 96,364 | 12,610,357 |
EXOR N.V. * | 59,315 | 4,881,571 |
Heineken Holding N.V. | 62,487 | 5,997,575 |
Heineken N.V. | 141,917 | 16,295,645 |
IMCD N.V. | 30,555 | 4,599,728 |
JDE Peet's N.V. | 53,187 | 1,617,547 |
Just Eat Takeaway.com N.V * | 99,191 | 1,739,414 |
Koninklijke Ahold Delhaize N.V. | 574,002 | 19,736,856 |
Koninklijke KPN N.V. | 1,809,815 | 6,600,187 |
Koninklijke Philips N.V. | 489,117 | 10,326,242 |
NN Group N.V. | 153,559 | 5,726,271 |
OCI N.V. | 58,728 | 1,547,502 |
Prosus N.V. * | 440,526 | 32,966,123 |
Randstad N.V. | 66,185 | 3,596,213 |
Universal Music Group N.V. | 396,339 | 8,658,985 |
Wolters Kluwer N.V. | 141,328 | 18,725,068 |
378,646,921 | ||
New Zealand 0.2% | ||
Auckland International Airport Ltd. * | 706,929 | 3,870,687 |
EBOS Group Ltd. | 92,037 | 2,525,772 |
Fisher & Paykel Healthcare Corp., Ltd. | 313,216 | 5,372,563 |
Mercury NZ Ltd. | 363,519 | 1,427,874 |
Meridian Energy Ltd. | 685,260 | 2,320,762 |
Spark New Zealand Ltd. | 1,036,536 | 3,358,533 |
18,876,191 | ||
Norway 0.6% | ||
Adevinta A.S.A. * | 175,865 | 1,354,680 |
Aker BP A.S.A. | 173,064 | 4,137,236 |
DNB Bank A.S.A. | 507,319 | 8,923,781 |
Equinor A.S.A. | 520,972 | 14,999,311 |
Gjensidige Forsikring A.S.A. | 108,119 | 1,883,404 |
Kongsberg Gruppen A.S.A. | 47,499 | 2,133,454 |
Mowi A.S.A. | 225,251 | 4,297,628 |
Norsk Hydro A.S.A. | 739,772 | 5,444,027 |
Orkla A.S.A. | 417,527 | 3,001,092 |
Salmar A.S.A. | 36,572 | 1,624,839 |
Telenor A.S.A. | 382,793 | 4,776,545 |
Yara International A.S.A. | 91,110 | 3,668,893 |
56,244,890 | ||
SECURITY | NUMBER OF SHARES | VALUE ($) |
Portugal 0.2% | ||
EDP - Energias de Portugal S.A. | 1,591,547 | 8,769,421 |
EDP Renovaveis S.A. * | 135,956 | 3,021,987 |
Galp Energia, SGPS, S.A. | 272,607 | 3,294,099 |
Jeronimo Martins, SGPS, S.A. | 159,697 | 4,029,988 |
19,115,495 | ||
Singapore 1.4% | ||
CapitaLand Ascendas REIT | 1,863,995 | 4,011,174 |
CapitaLand Ascott Trust | 81,662 | 66,302 |
CapitaLand Integrated Commercial Trust | 2,898,410 | 4,425,693 |
Capitaland Investment Ltd. | 1,432,349 | 4,009,465 |
City Developments Ltd. | 235,200 | 1,230,399 |
DBS Group Holdings Ltd. | 993,393 | 24,546,695 |
Genting Singapore Ltd. | 3,274,000 | 2,785,274 |
Grab Holdings Ltd., Class A * | 723,345 | 2,104,934 |
Jardine Cycle & Carriage Ltd. | 56,500 | 1,438,984 |
Keppel Corp., Ltd. | 794,100 | 3,687,312 |
Mapletree Logistics Trust | 1,829,628 | 2,394,377 |
Mapletree Pan Asia Commercial Trust | 1,281,700 | 1,697,802 |
Oversea-Chinese Banking Corp., Ltd. | 1,852,401 | 17,525,350 |
Sea Ltd., ADR * | 198,625 | 15,129,266 |
Sembcorp Marine Ltd. * | 25,452,825 | 2,373,798 |
Singapore Airlines Ltd. | 741,050 | 3,259,350 |
Singapore Exchange Ltd. | 467,400 | 3,363,702 |
Singapore Technologies Engineering Ltd. | 845,949 | 2,302,947 |
Singapore Telecommunications Ltd. | 4,539,037 | 8,698,388 |
United Overseas Bank Ltd. | 655,033 | 13,911,560 |
UOL Group Ltd. | 244,072 | 1,273,293 |
Venture Corp., Ltd. | 149,300 | 1,907,421 |
Wilmar International Ltd. | 1,068,234 | 3,155,259 |
125,298,745 | ||
Spain 2.6% | ||
Acciona S.A. | 13,284 | 2,461,377 |
ACS, Actividades de Construccion y Servicios S.A. | 119,970 | 4,124,855 |
Aena SME S.A. * | 40,973 | 6,900,545 |
Amadeus IT Group S.A. * | 247,289 | 17,380,708 |
Banco Bilbao Vizcaya Argentaria S.A. | 3,303,902 | 24,187,813 |
Banco Santander S.A. (a) | 9,190,565 | 32,287,161 |
CaixaBank S.A. | 2,443,296 | 9,044,120 |
Cellnex Telecom S.A. * | 308,677 | 12,996,535 |
Corp. ACCIONA Energias Renovables S.A. * | 35,430 | 1,272,189 |
Enagas S.A. | 138,842 | 2,779,712 |
Endesa S.A. | 171,029 | 3,836,645 |
Ferrovial S.A. | 267,881 | 8,398,982 |
Grifols S.A. * | 161,242 | 1,659,762 |
Iberdrola S.A. | 3,366,263 | 43,620,368 |
Industria de Diseno Textil S.A. | 598,472 | 20,573,530 |
Naturgy Energy Group S.A. | 79,706 | 2,481,749 |
Red Electrica Corp. S.A. | 225,900 | 4,107,164 |
Repsol S.A. | 757,515 | 11,127,669 |
Telefonica S.A. | 2,845,060 | 12,922,800 |
222,163,684 | ||
Sweden 3.4% | ||
Alfa Laval AB | 158,699 | 5,822,242 |
Assa Abloy AB, B Shares | 552,282 | 13,158,671 |
Atlas Copco AB, A Shares | 1,467,760 | 21,229,860 |
Atlas Copco AB, B Shares | 857,361 | 10,997,199 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Boliden AB | 150,198 | 5,367,607 |
Electrolux AB, B Shares | 116,632 | 1,759,404 |
Embracer Group AB * | 350,885 | 1,831,849 |
Epiroc AB, A Shares | 365,426 | 7,320,605 |
Epiroc AB, B Shares | 211,771 | 3,646,302 |
EQT AB | 196,650 | 4,235,478 |
Essity AB, B Shares | 336,048 | 10,184,024 |
Evolution AB | 100,031 | 13,364,985 |
Fastighets AB Balder, B Shares * | 351,616 | 1,637,059 |
Getinge AB, B Shares | 124,757 | 3,166,441 |
H & M Hennes & Mauritz AB, B Shares | 400,832 | 5,876,510 |
Hexagon AB, B Shares | 1,065,703 | 12,201,986 |
Holmen AB, B Shares | 51,070 | 1,931,967 |
Husqvarna AB, B Shares | 233,228 | 2,013,044 |
Industrivarden AB, A Shares | 76,780 | 2,196,917 |
Industrivarden AB, C Shares | 84,874 | 2,423,707 |
Indutrade AB | 148,335 | 3,561,805 |
Investment AB Latour, B Shares | 81,680 | 1,768,510 |
Investor AB, A Shares | 266,924 | 5,853,065 |
Investor AB, B Shares | 1,000,527 | 21,494,454 |
Kinnevik AB, B Shares * | 132,359 | 2,174,388 |
L E Lundbergfortagen AB, B Shares | 40,960 | 1,965,306 |
Lifco AB, B Shares | 126,654 | 2,888,280 |
Nibe Industrier AB, B Shares | 837,290 | 9,375,030 |
Nordea Bank Abp | 1,813,797 | 20,149,954 |
Sagax AB, Class B | 103,512 | 2,539,021 |
Sandvik AB | 586,012 | 11,936,954 |
Securitas AB, B Shares | 275,103 | 2,465,828 |
Skandinaviska Enskilda Banken AB, A Shares | 882,829 | 10,038,451 |
Skanska AB, B Shares | 191,665 | 3,134,961 |
SKF AB, B Shares | 209,900 | 3,801,638 |
Svenska Cellulosa AB, S.C.A., B Shares | 332,472 | 4,561,421 |
Svenska Handelsbanken AB, A Shares | 796,671 | 7,042,401 |
Swedbank AB, A Shares | 499,385 | 8,677,528 |
Swedish Orphan Biovitrum AB * | 93,463 | 2,274,467 |
Tele2 AB, B Shares | 315,686 | 3,354,530 |
Telefonaktiebolaget LM Ericsson, B Shares | 1,596,851 | 8,791,770 |
Telia Co. AB | 1,449,710 | 4,036,239 |
Volvo AB, A Shares | 115,008 | 2,435,427 |
Volvo AB, B Shares | 821,595 | 16,892,569 |
Volvo Car AB, B Shares *(a) | 326,620 | 1,348,200 |
292,928,054 | ||
Switzerland 10.1% | ||
ABB Ltd. | 860,409 | 31,038,062 |
Adecco Group AG | 88,144 | 3,031,850 |
Alcon, Inc. | 274,410 | 19,981,525 |
Bachem Holding AG, Class B | 17,560 | 1,918,254 |
Baloise Holding AG | 24,657 | 4,127,413 |
Banque Cantonale Vaudoise | 16,752 | 1,762,719 |
Barry Callebaut AG | 1,947 | 4,157,019 |
BKW AG | 12,091 | 2,070,544 |
Chocoladefabriken Lindt & Spruengli AG | 59 | 7,272,449 |
Chocoladefabriken Lindt & Spruengli AG, Participation Certificates | 577 | 7,124,289 |
Cie Financiere Richemont S.A., Class A | 286,695 | 47,390,910 |
Clariant AG * | 117,758 | 1,964,228 |
Credit Suisse Group AG | 1,964,027 | 1,767,321 |
EMS-Chemie Holding AG | 3,806 | 3,125,873 |
Geberit AG | 19,519 | 11,117,279 |
Givaudan S.A. | 5,065 | 17,717,204 |
Holcim AG * | 304,105 | 20,093,045 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
Julius Baer Group Ltd. | 118,766 | 8,510,318 |
Kuehne & Nagel International AG (a) | 29,862 | 8,846,794 |
Logitech International S.A. | 94,800 | 5,609,996 |
Lonza Group AG | 40,792 | 25,439,526 |
Nestle S.A. | 1,508,572 | 193,534,039 |
Novartis AG | 1,186,930 | 121,415,663 |
Partners Group Holding AG | 12,482 | 12,116,687 |
Roche Holding AG | 385,635 | 120,757,800 |
Roche Holding AG, Bearer Shares | 14,603 | 4,941,676 |
Schindler Holding AG | 13,592 | 2,903,561 |
Schindler Holding AG, Participation Certificates | 21,884 | 4,890,453 |
SGS S.A. | 87,550 | 7,922,866 |
SIG Group AG * | 170,705 | 4,569,028 |
Sika AG | 80,118 | 22,130,427 |
Sonova Holding AG | 28,677 | 9,094,226 |
Straumann Holding AG | 61,556 | 9,261,135 |
Swiss Life Holding AG * | 16,811 | 11,096,212 |
Swiss Prime Site AG | 41,293 | 3,737,827 |
Swiss Re AG | 165,469 | 16,663,375 |
Swisscom AG | 14,195 | 9,745,583 |
Temenos AG | 34,062 | 2,869,166 |
The Swatch Group AG | 29,050 | 1,832,702 |
The Swatch Group AG, Bearer Shares | 15,840 | 5,434,108 |
UBS Group AG | 1,831,843 | 37,282,705 |
VAT Group AG | 14,705 | 5,187,769 |
Zurich Insurance Group AG | 82,722 | 40,116,216 |
881,569,842 | ||
United Kingdom 15.0% | ||
3i Group plc | 530,198 | 11,796,395 |
abrdn plc | 1,139,901 | 3,054,625 |
Admiral Group plc | 99,260 | 2,884,905 |
Anglo American plc | 697,030 | 21,478,398 |
Antofagasta plc | 215,420 | 3,962,219 |
Ashtead Group plc | 240,837 | 13,885,727 |
Associated British Foods plc | 196,828 | 4,849,561 |
AstraZeneca plc | 849,996 | 125,087,905 |
Auto Trader Group plc | 517,432 | 4,137,889 |
Aviva plc | 1,534,949 | 8,172,592 |
BAE Systems plc | 1,689,950 | 21,529,931 |
Barclays plc | 8,693,244 | 17,511,768 |
Barratt Developments plc | 547,631 | 3,445,372 |
Berkeley Group Holdings plc | 60,498 | 3,385,600 |
BP plc | 9,941,174 | 66,695,281 |
British American Tobacco plc | 1,165,754 | 43,069,708 |
BT Group plc | 3,826,903 | 7,643,442 |
Bunzl plc | 187,322 | 7,456,742 |
Burberry Group plc | 211,550 | 6,905,412 |
Coca-Cola HBC AG * | 111,483 | 3,403,207 |
Compass Group plc | 961,141 | 25,355,823 |
Croda International plc | 76,007 | 6,677,931 |
DCC plc | 54,190 | 3,371,536 |
Diageo plc | 1,247,699 | 56,915,147 |
Entain plc | 320,875 | 5,846,747 |
Experian plc | 504,644 | 17,866,859 |
Glencore plc | 5,657,365 | 33,393,358 |
GSK plc | 2,230,002 | 40,213,998 |
Haleon plc | 2,772,032 | 12,187,788 |
Halma plc | 209,493 | 6,092,766 |
Hargreaves Lansdown plc | 203,101 | 2,056,245 |
Hikma Pharmaceuticals plc | 90,297 | 2,091,348 |
HSBC Holdings plc | 10,954,807 | 78,955,087 |
Imperial Brands plc | 490,211 | 12,134,724 |
Informa plc | 780,889 | 7,099,121 |
InterContinental Hotels Group plc | 96,399 | 6,628,077 |
Intertek Group plc | 86,486 | 4,524,447 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
J Sainsbury plc | 999,391 | 3,472,889 |
J.D. Sports Fashion plc | 1,410,707 | 2,863,123 |
Johnson Matthey plc | 102,778 | 2,538,995 |
Kingfisher plc | 1,082,704 | 3,509,148 |
Land Securities Group plc | 379,918 | 3,223,919 |
Legal & General Group plc | 3,275,941 | 9,665,735 |
Lloyds Banking Group plc | 36,882,431 | 22,406,838 |
London Stock Exchange Group plc | 207,205 | 21,755,131 |
M&G plc | 1,241,568 | 3,208,877 |
Mondi plc | 268,051 | 4,271,481 |
National Grid plc | 2,002,213 | 28,707,580 |
NatWest Group plc | 2,916,687 | 9,607,850 |
Next plc | 70,546 | 5,985,600 |
NMC Health plc *(b) | 48,950 | 0 |
Ocado Group plc * | 317,898 | 2,023,215 |
Pearson plc | 353,440 | 3,932,296 |
Persimmon plc | 172,665 | 2,857,554 |
Phoenix Group Holdings plc | 410,474 | 3,058,258 |
Prudential plc | 1,505,807 | 23,040,403 |
Reckitt Benckiser Group plc | 393,465 | 31,795,817 |
RELX plc | 1,052,133 | 35,055,694 |
Rentokil Initial plc | 1,389,402 | 11,061,384 |
Rio Tinto plc | 617,466 | 39,253,772 |
Rolls-Royce Holdings plc * | 4,569,177 | 8,753,033 |
Schroders plc | 495,249 | 3,033,354 |
Segro plc | 659,846 | 6,946,809 |
Severn Trent plc | 138,902 | 5,116,259 |
Shell plc | 3,870,749 | 118,940,946 |
Smith & Nephew plc | 479,725 | 7,900,957 |
Smiths Group plc | 196,432 | 4,153,486 |
Spirax-Sarco Engineering plc | 40,577 | 5,670,231 |
SSE plc | 593,436 | 13,692,443 |
St. James's Place plc | 295,463 | 4,493,432 |
Standard Chartered plc | 1,354,630 | 10,732,912 |
Taylor Wimpey plc | 1,928,750 | 3,112,744 |
Tesco plc | 4,070,499 | 14,391,055 |
The British Land Co., plc | 473,989 | 2,388,071 |
The Sage Group plc | 555,352 | 5,727,307 |
Unilever plc | 1,390,672 | 77,435,579 |
United Utilities Group plc | 377,088 | 5,122,539 |
Vodafone Group plc | 14,261,888 | 17,130,314 |
Whitbread plc | 109,325 | 4,474,895 |
WPP plc | 584,979 | 6,817,590 |
1,301,097,196 | ||
Total Common Stocks (Cost $6,493,131,662) | 8,570,300,530 | |
PREFERRED STOCKS 0.5% OF NET ASSETS | ||
Germany 0.5% | ||
Bayerische Motoren Werke AG | 33,089 | 3,517,187 |
Dr Ing hc F Porsche AG * | 63,193 | 7,912,959 |
Henkel AG & Co. KGaA | 97,918 | 7,916,526 |
Porsche Automobil Holding SE | 83,766 | 4,665,535 |
Sartorius AG | 13,233 | 5,143,525 |
Volkswagen AG | 101,542 | 13,865,535 |
43,021,267 | ||
Total Preferred Stocks (Cost $40,178,344) | 43,021,267 |
SECURITY | NUMBER OF SHARES | VALUE ($) |
SHORT-TERM INVESTMENTS 0.4% OF NET ASSETS | ||
Money Market Funds 0.4% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 4.76% (c)(d) | 39,710,223 | 39,710,223 |
Total Short-Term Investments (Cost $39,710,223) | 39,710,223 | |
Total Investments in Securities (Cost $6,573,020,229) | 8,653,032,020 |
NUMBER OF CONTRACTS | NOTIONAL AMOUNT ($) | CURRENT VALUE/ UNREALIZED APPRECIATION ($) | |
FUTURES CONTRACTS | |||
Long | |||
MSCI EAFE Index, expires 06/16/23 | 720 | 77,385,600 | 497,257 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $36,891,342. |
(b) | Fair valued using significant unobservable inputs (see financial note 2(a), Securities for which no quoted value is available, for additional information). |
(c) | The rate shown is the annualized 7-day yield. |
(d) | Security purchased with cash collateral received for securities on loan. |
ADR — | American Depositary Receipt |
CVA — | Dutch Certificate |
GDR — | Global Depositary Receipt |
REIT — | Real Estate Investment Trust |
DESCRIPTION | QUOTED PRICES IN ACTIVE MARKETS FOR IDENTICAL ASSETS (LEVEL 1) | OTHER SIGNIFICANT OBSERVABLE INPUTS (LEVEL 2) | SIGNIFICANT UNOBSERVABLE INPUTS (LEVEL 3) | TOTAL |
Assets | ||||
Common Stocks1 | $— | $4,659,841,242 | $— | $4,659,841,242 |
Hong Kong | 1,455,598 | 229,766,324 | — | 231,221,922 |
Israel | 17,761,256 | 37,772,586 | — | 55,533,842 |
Japan | — | 1,813,037,187 | 5,623,475 | 1,818,660,662 |
Netherlands | 26,633,537 | 352,013,384 | — | 378,646,921 |
Singapore | 17,234,200 | 108,064,545 | — | 125,298,745 |
United Kingdom | — | 1,301,097,196 | 0 * | 1,301,097,196 |
Preferred Stocks1 | — | 43,021,267 | — | 43,021,267 |
Short-Term Investments1 | 39,710,223 | — | — | 39,710,223 |
Futures Contracts2 | 497,257 | — | — | 497,257 |
Total | $103,292,071 | $8,544,613,731 | $5,623,475 | $8,653,529,277 |
* | Level 3 amount shown includes securities determined to have no value at April 30, 2023. |
1 | As categorized in the Portfolio Holdings. |
2 | Futures contracts are valued at unrealized appreciation or depreciation. |
Assets | ||
Investments in securities, at value - unaffiliated (cost $6,573,020,229) including securities on loan of $36,891,342 | $8,653,032,020 | |
Cash | 55,724,478 | |
Foreign currency, at value (cost $6,966,461) | 6,952,238 | |
Deposit with broker for futures contracts | 2,870,071 | |
Receivables: | ||
Dividends | 35,146,872 | |
Foreign tax reclaims | 25,581,715 | |
Fund shares sold | 9,856,743 | |
Income from securities on loan | + | 90,575 |
Total assets | 8,789,254,712 | |
Liabilities | ||
Collateral held for securities on loan | 39,710,223 | |
Payables: | ||
Investments bought | 39,522,638 | |
Fund shares redeemed | 7,173,216 | |
Investment adviser fees | 396,334 | |
Variation margin on futures contracts | + | 131,957 |
Total liabilities | 86,934,368 | |
Net assets | $8,702,320,344 | |
Net Assets by Source | ||
Capital received from investors | $7,282,065,748 | |
Total distributable earnings | + | 1,420,254,596 |
Net assets | $8,702,320,344 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$8,702,320,344 | 394,893,818 | $22.04 | ||
For the period November 1, 2022 through April 30, 2023; unaudited | ||
Investment Income | ||
Dividends received from securities - unaffiliated (net of foreign withholding tax of $15,639,535) | $127,757,600 | |
Securities on loan, net | + | 329,419 |
Total investment income | 128,087,019 | |
Expenses | ||
Investment adviser fees | 2,434,301 | |
Professional fees | + | 1,994 1 |
Total expenses | 2,436,295 | |
Expense reduction | – | 1,994 1 |
Net expenses | – | 2,434,301 |
Net investment income | 125,652,718 | |
REALIZED AND UNREALIZED GAINS (LOSSES) | ||
Net realized losses on sales of securities - unaffiliated | (116,298,966 ) | |
Net realized gains on futures contracts | 10,056,426 | |
Net realized gains on foreign currency transactions | + | 1,027,478 |
Net realized losses | (105,215,062 ) | |
Net change in unrealized appreciation (depreciation) on securities - unaffiliated | 1,716,111,884 | |
Net change in unrealized appreciation (depreciation) on futures contracts | 13,756 | |
Net change in unrealized appreciation (depreciation) on foreign currency translations | + | 2,294,818 |
Net change in unrealized appreciation (depreciation) | + | 1,718,420,458 |
Net realized and unrealized gains | 1,613,205,396 | |
Increase in net assets resulting from operations | $1,738,858,114 |
1 | Professional fees associated with the filing of tax claims in the European Union deemed to be non-contingent and non-routine expenses of the fund (see financial notes 2(d) and 4 for additional information). |
OPERATIONS | |||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||
Net investment income | $125,652,718 | $252,527,401 | |
Net realized losses | (105,215,062 ) | (192,317,997 ) | |
Net change in unrealized appreciation (depreciation) | + | 1,718,420,458 | (2,185,003,271 ) |
Increase (decrease) in net assets resulting from operations | $1,738,858,114 | ($2,124,793,867 ) | |
DISTRIBUTIONS TO SHAREHOLDERS | |||
Total distributions | ($210,690,877 ) | ($287,643,160 ) |
TRANSACTIONS IN FUND SHARES | |||||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||||
SHARES | VALUE | SHARES | VALUE | ||
Shares sold | 45,509,196 | $945,301,438 | 98,990,068 | $2,090,708,813 | |
Shares reinvested | 7,715,248 | 151,373,159 | 8,669,015 | 198,780,492 | |
Shares redeemed | + | (50,614,316 ) | (1,049,589,871 ) | (74,590,851 ) | (1,531,205,969 ) |
Net transactions in fund shares | 2,610,128 | $47,084,726 | 33,068,232 | $758,283,336 | |
SHARES OUTSTANDING AND NET ASSETS | |||||
11/1/22-4/30/23 | 11/1/21-10/31/22 | ||||
SHARES | NET ASSETS | SHARES | NET ASSETS | ||
Beginning of period | 392,283,690 | $7,127,068,381 | 359,215,458 | $8,781,222,072 | |
Total increase (decrease) | + | 2,610,128 | 1,575,251,963 | 33,068,232 | (1,654,153,691 ) |
End of period | 394,893,818 | $8,702,320,344 | 392,283,690 | $7,127,068,381 |
SCHWAB CAPITAL TRUST (ORGANIZED MAY 7, 1993) | |
Schwab S&P 500 Index Fund | Schwab Target 2045 Fund |
Schwab Small-Cap Index Fund | Schwab Target 2050 Fund |
Schwab Total Stock Market Index Fund | Schwab Target 2055 Fund |
Schwab U.S. Large-Cap Growth Index Fund | Schwab Target 2060 Fund |
Schwab U.S. Large-Cap Value Index Fund | Schwab Target 2065 Fund |
Schwab U.S. Mid-Cap Index Fund | Schwab Fundamental US Large Company Index Fund |
Schwab International Index Fund | Schwab Fundamental US Small Company Index Fund |
Schwab MarketTrack All Equity Portfolio™ | Schwab Fundamental International Large Company Index Fund |
Schwab MarketTrack Growth Portfolio™ | Schwab Fundamental International Small Company Index Fund |
Schwab MarketTrack Balanced Portfolio™ | Schwab Fundamental Emerging Markets Large Company Index Fund |
Schwab MarketTrack Conservative Portfolio™ | Schwab Fundamental Global Real Estate Index Fund |
Schwab International Opportunities Fund | Schwab Target 2010 Index Fund |
Schwab Balanced Fund | Schwab Target 2015 Index Fund |
Schwab Core Equity Fund | Schwab Target 2020 Index Fund |
Schwab Dividend Equity Fund | Schwab Target 2025 Index Fund |
Schwab Large-Cap Growth Fund | Schwab Target 2030 Index Fund |
Schwab Small-Cap Equity Fund | Schwab Target 2035 Index Fund |
Schwab Health Care Fund | Schwab Target 2040 Index Fund |
Schwab International Core Equity Fund | Schwab Target 2045 Index Fund |
Schwab Target 2010 Fund | Schwab Target 2050 Index Fund |
Schwab Target 2015 Fund | Schwab Target 2055 Index Fund |
Schwab Target 2020 Fund | Schwab Target 2060 Index Fund |
Schwab Target 2025 Fund | Schwab Target 2065 Index Fund |
Schwab Target 2030 Fund | Schwab Monthly Income Fund – Target Payout |
Schwab Target 2035 Fund | Schwab Monthly Income Fund – Flexible Payout |
Schwab Target 2040 Fund | Schwab Monthly Income Fund – Income Payout |
SCHWAB INVESTMENTS (ORGANIZED OCTOBER 26, 1990) | |
Schwab 1000 Index Fund | Schwab Tax-Free Bond Fund |
Schwab Treasury Inflation Protected Securities Index Fund | Schwab California Tax-Free Bond Fund |
Schwab U.S. Aggregate Bond Index Fund | Schwab Opportunistic Municipal Bond Fund |
Schwab Short-Term Bond Index Fund | Schwab Global Real Estate Fund |
2. Significant Accounting Policies:
3. Risk Factors:
SCHWAB S&P 500 INDEX FUND | SCHWAB 1000 INDEX FUND | SCHWAB SMALL-CAP INDEX FUND | SCHWAB TOTAL STOCK MARKET INDEX FUND | SCHWAB U.S. LARGE-CAP GROWTH INDEX FUND | SCHWAB U.S. LARGE-CAP VALUE INDEX FUND | SCHWAB U.S. MID-CAP INDEX FUND | SCHWAB INTERNATIONAL INDEX FUND |
0.02 % | 0.05 % | 0.04 % | 0.03 % | 0.035 % | 0.035 % | 0.04 % | 0.06 % |
UNDERLYING FUNDS | |||||
SCHWAB S&P 500 INDEX FUND | SCHWAB SMALL-CAP INDEX FUND | SCHWAB U.S. LARGE-CAP GROWTH INDEX FUND | SCHWAB U.S. MID-CAP INDEX FUND | SCHWAB INTERNATIONAL INDEX FUND | |
Schwab MarketTrack All Equity Portfolio | 0.4 % | 1.5 % | 3.5 % | — % | 1.2 % |
Schwab MarketTrack Balanced Portfolio | 0.2 % | 0.7 % | 1.5 % | — % | 0.4 % |
Schwab MarketTrack Conservative Portfolio | 0.0 %* | 0.2 % | 0.4 % | — % | 0.1 % |
Schwab MarketTrack Growth Portfolio | 0.4 % | 1.5 % | 2.6 % | — % | 0.9 % |
Schwab Target 2010 Fund | 0.0 %* | — % | — % | 0.1 % | — % |
Schwab Target 2015 Fund | 0.0 %* | — % | — % | 0.1 % | — % |
Schwab Target 2020 Fund | 0.1 % | — % | — % | 0.5 % | — % |
Schwab Target 2025 Fund | 0.1 % | — % | — % | 0.5 % | — % |
Schwab Target 2030 Fund | 0.3 % | — % | — % | 1.2 % | — % |
Schwab Target 2035 Fund | 0.1 % | — % | — % | 0.8 % | — % |
Schwab Target 2040 Fund | 0.3 % | — % | — % | 1.6 % | — % |
Schwab Target 2045 Fund | 0.1 % | — % | — % | 0.4 % | — % |
Schwab Target 2050 Fund | 0.1 % | — % | — % | 0.4 % | — % |
Schwab Target 2055 Fund | 0.0 %* | — % | — % | 0.3 % | — % |
Schwab Target 2060 Fund | 0.0 %* | — % | — % | 0.1 % | — % |
Schwab Target 2065 Fund | 0.0 %* | — % | — % | 0.0 %* | — % |
* | Less than 0.05% |
PURCHASE COST | SALE PROCEEDS | REALIZED GAINS (LOSSES) | |
Schwab S&P 500 Index Fund | $95,138,550 | $83,684,662 | ($61,587,991) |
Schwab 1000 Index Fund | 20,566,500 | 11,793,978 | (3,233,553 ) |
Schwab Small-Cap Index Fund | 5,342,788 | 13,154,619 | (4,574,035 ) |
Schwab Total Stock Market Index Fund | 47,411,545 | 25,358,108 | (25,179,971 ) |
Schwab U.S. Large-Cap Growth Index Fund | 7,162,346 | 1,309,367 | (467,971 ) |
Schwab U.S. Large-Cap Value Index Fund | 1,818,771 | 1,005,398 | (273,878 ) |
Schwab U.S. Mid-Cap Index Fund | 3,916,034 | 1,173,674 | (698,687 ) |
Schwab International Index Fund | — | 50,401,604 | (17,353,424 ) |
5. Board of Trustees:
6. Borrowing from Banks:
7. Derivatives:
NOTIONAL AMOUNTS | NUMBER OF CONTRACTS | |
Schwab S&P 500 Index Fund | $286,004,709 | 1,422 |
Schwab 1000 Index Fund | 49,182,617 | 244 |
Schwab Small-Cap Index Fund | 28,393,415 | 307 |
Schwab Total Stock Market Index Fund | 67,349,091 | 394 |
Schwab U.S. Large-Cap Growth Index Fund | 5,171,443 | 37 |
Schwab U.S. Large-Cap Value Index Fund | 2,628,980 | 31 |
Schwab U.S. Mid-Cap Index Fund | 5,218,187 | 21 |
Schwab International Index Fund | 49,595,352 | 489 |
8. Purchases and Sales of Investment Securities:
PURCHASES OF SECURITIES | SALES OF SECURITIES | |
Schwab S&P 500 Index Fund | $1,542,990,629 | $428,098,774 |
Schwab 1000 Index Fund | 113,634,423 | 114,254,610 |
Schwab Small-Cap Index Fund | 267,698,981 | 122,469,180 |
Schwab Total Stock Market Index Fund | 507,286,485 | 152,269,334 |
Schwab U.S. Large-Cap Growth Index Fund | 138,996,488 | 79,535,066 |
Schwab U.S. Large-Cap Value Index Fund | 80,144,458 | 121,802,038 |
Schwab U.S. Mid-Cap Index Fund | 121,080,792 | 11,641,796 |
Schwab International Index Fund | 349,722,198 | 420,344,100 |
IN-KIND PURCHASES OF SECURITIES | IN-KIND SALES OF SECURITIES | |
Schwab 1000 Index Fund | $— | $35,753,252 |
Schwab Small-Cap Index Fund | — | 6,591,170 |
9. Federal Income Taxes:
TAX COST | GROSS UNREALIZED APPRECIATION | GROSS UNREALIZED DEPRECIATION | NET UNREALIZED APPRECIATION (DEPRECIATION) | |
Schwab S&P 500 Index Fund | $31,511,882,041 | $36,667,086,439 | ($1,497,311,668) | $35,169,774,771 |
Schwab 1000 Index Fund | 3,322,867,486 | 9,600,355,173 | (269,950,745 ) | 9,330,404,428 |
Schwab Small-Cap Index Fund | 4,655,861,201 | 1,493,556,593 | (899,636,686 ) | 593,919,907 |
Schwab Total Stock Market Index Fund | 9,853,556,807 | 8,232,499,153 | (709,787,076 ) | 7,522,712,077 |
Schwab U.S. Large-Cap Growth Index Fund | 880,249,647 | 236,010,515 | (25,900,229 ) | 210,110,286 |
Schwab U.S. Large-Cap Value Index Fund | 547,500,823 | 102,811,168 | (22,139,829 ) | 80,671,339 |
Schwab U.S. Mid-Cap Index Fund | 957,964,530 | 171,131,119 | (96,220,832 ) | 74,910,287 |
Schwab International Index Fund | 6,905,800,461 | 2,107,343,804 | (359,614,988 ) | 1,747,728,816 |
Schwab S&P 500 Index Fund | $91,515,940 |
Schwab 1000 Index Fund | 90,324,047 |
Schwab Small-Cap Index Fund | 53,188,008 |
Schwab Total Stock Market Index Fund | 24,579,663 |
Schwab U.S. Large-Cap Growth Index Fund | 28,197,584 |
Schwab U.S. Large-Cap Value Index Fund | — |
Schwab U.S. Mid-Cap Index Fund | — |
Schwab International Index Fund | 344,623,023 |
PRIOR FISCAL YEAR END DISTRIBUTIONS | ||
ORDINARY INCOME | LONG-TERM CAPITAL GAINS | |
Schwab S&P 500 Index Fund | $827,352,159 | $65,457,539 |
Schwab 1000 Index Fund | 170,064,667 | 79,902,182 |
Schwab Small-Cap Index Fund | 131,927,919 | 399,701,902 |
Schwab Total Stock Market Index Fund | 225,603,990 | 45,585,913 |
Schwab U.S. Large-Cap Growth Index Fund | 6,371,109 | 9,905,946 |
Schwab U.S. Large-Cap Value Index Fund | 17,495,710 | 10,244,421 |
Schwab U.S. Mid-Cap Index Fund | 11,729,695 | 14,728,113 |
Schwab International Index Fund | 287,643,160 | — |
10. Subsequent Events:
Independent Trustees | |||
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served1) | Principal Occupations During the Past Five Years | Number of Portfolios in Fund Complex Overseen by the Trustee | Other Directorships |
Michael J. Beer 1961 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2022) | Retired. Director, President and Chief Executive Officer (Dec. 2016 – Sept. 2019), Principal Funds (investment management). | 106 | Director (2016 – 2019), Principal Funds, Inc. |
Robert W. Burns 1959 Trustee (Trustee of Schwab Strategic Trust since 2009; The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2016) | Retired/Private Investor. | 106 | None |
Nancy F. Heller 1956 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2018) | Retired. | 106 | None |
David L. Mahoney 1954 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2011; Schwab Strategic Trust since 2016) | Private Investor. | 106 | Director (2004 – present), Corcept Therapeutics Incorporated Director (2009 – 2021), Adamas Pharmaceuticals, Inc. Director (2003 – 2019), Symantec Corporation |
Jane P. Moncreiff 1961 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2019) | Consultant (2018 – present), Fulham Advisers LLC (management consulting); Chief Investment Officer (2009 – 2017), CareGroup Healthcare System, Inc. (healthcare). | 106 | None |
Independent Trustees (continued) | |||
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served1) | Principal Occupations During the Past Five Years | Number of Portfolios in Fund Complex Overseen by the Trustee | Other Directorships |
Kimberly S. Patmore 1956 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2016) | Consultant (2008 – present), Patmore Management Consulting (management consulting). | 106 | None |
J. Derek Penn 1957 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2021) | Head of Equity Sales and Trading (2006 – 2018), BNY Mellon (financial services). | 106 | None |
Interested Trustees | |||
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served1) | Principal Occupations During the Past Five Years | Number of Portfolios in Fund Complex Overseen by the Trustee | Other Directorships |
Walter W. Bettinger II2 1960 Chairman and Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2008; Schwab Strategic Trust since 2009; Laudus Trust since 2010) | Co-Chairman of the Board (July 2022 – present), Director and Chief Executive Officer (Oct. 2008 – present) and President (Feb. 2007 – Oct. 2021), The Charles Schwab Corporation; President and Chief Executive Officer (Oct. 2008 – Oct. 2021) and Director (May 2008 – Oct. 2021), Charles Schwab & Co., Inc.; Director (Apr. 2006 – present), Charles Schwab Bank, SSB; Director (Nov. 2017 – present), Charles Schwab Premier Bank, SSB; Director (July 2019 – present), Charles Schwab Trust Bank; Director (May 2008 – present), Chief Executive Officer (Aug. 2017 – present) and President (Aug. 2017 – Nov. 2021), Schwab Holdings, Inc.; Director (Oct. 2020 – present), TD Ameritrade Holding Corporation; Director (July 2016 – Oct. 2021), Charles Schwab Investment Management, Inc. | 106 | Director (2008 – present), The Charles Schwab Corporation |
Richard A. Wurster2 1973 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2022) | President (Oct. 2021 – present) and Executive Vice President – Schwab Asset Management Solutions (Apr. 2019 – Oct. 2021), The Charles Schwab Corporation; President, Director (Oct. 2021 – present), Executive Vice President – Schwab Asset Management Solutions (July 2019 – Oct. 2021) and Senior Vice President – Advisory (May 2016 – July 2019), Charles Schwab & Co., Inc.; President (Nov. 2021 – present), Schwab Holdings, Inc.; Director (Oct. 2021 – present) and Chief Executive Officer (Nov. 2019 – Jan. 2022), Charles Schwab Investment Management, Inc.; Director, Chief Executive Officer and President (Mar. 2018 – Oct. 2022), Charles Schwab Investment Advisory, Inc.; Chief Executive Officer (July 2016 – Apr. 2018) and President (Mar. 2017 – Apr. 2018), ThomasPartners, Inc.; Chief Executive Officer (July 2016 – Apr. 2018), Windhaven Investment Management, Inc. | 106 | None |
Officers of the Trust | |
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served3) | Principal Occupations During the Past Five Years |
Jonathan de St. Paer 1973 President and Chief Executive Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2018) | Director (Apr. 2019 – present), President (Oct. 2018 – present), Chief Operating Officer (Jan. 2021 – present), and Chief Executive Officer (Apr. 2019 – Nov. 2019), Charles Schwab Investment Management, Inc.; Senior Vice President (June 2020 – Mar. 2022) and Chief Operating Officer (Jan. 2021 – Mar. 2022), Charles Schwab Investment Advisory, Inc.; Chief Executive Officer (Apr. 2019 – present), President (Nov. 2018 – present) and Trustee (Apr. 2019 – Dec. 2020), Schwab Funds, Laudus Trust and Schwab ETFs; Managing Director (May 2022 – present), Senior Vice President (Apr. 2019 – May 2022) and Senior Vice President – Strategy and Product Development (CSIM) (Jan. 2014 – Mar. 2019), Charles Schwab & Co., Inc. |
Mark Fischer 1970 Chief Operating Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2013) | Chief Operating Officer (Dec. 2020 – present) and Treasurer and Chief Financial Officer (Jan. 2016 – Dec. 2022), Schwab Funds, Laudus Trust and Schwab ETFs; Chief Financial Officer (Mar. 2020 – present) and Vice President (Oct. 2013 – present), Charles Schwab Investment Management, Inc. |
Dana Smith 1965 Treasurer and Chief Financial Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2023) | Treasurer and Chief Financial Officer (Jan. 2023 – present) and Assistant Treasurer (Dec. 2015 – Dec. 2022), Schwab Funds, Laudus Trust and Schwab ETFs; Vice President (Mar. 2022 – present) and Director (Oct. 2015 – Mar. 2022), Charles Schwab Investment Management, Inc. |
Officers of the Trust (continued) | |
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served3) | Principal Occupations During the Past Five Years |
Omar Aguilar 1970 Vice President and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) | Chief Executive Officer (Jan. 2022 – present), Chief Investment Officer (Apr. 2011 – present) and Senior Vice President (Apr. 2011 – Dec. 2021), Charles Schwab Investment Management, Inc.; Director, Chief Executive Officer and President (Oct. 2022 – present), Charles Schwab Investment Advisory, Inc.; Vice President and Chief Investment Officer (June 2011 – present), Schwab Funds, Laudus Trust and Schwab ETFs. |
Brett Wander 1961 Vice President and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) | Senior Vice President and Chief Investment Officer (Apr. 2011 – present), Charles Schwab Investment Management, Inc.; Vice President and Chief Investment Officer (June 2011 – present), Schwab Funds, Laudus Trust and Schwab ETFs. |
William P. McMahon, Jr. 1972 Vice President and Chief Investment Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2021) | Senior Vice President and Chief Investment Officer (Jan. 2020 – present), Charles Schwab Investment Management, Inc.; Vice President and Chief Investment Officer (June 2021 – present), Schwab Funds, Laudus Trust and Schwab ETFs; Senior Vice President and Chief Investment Officer – ThomasPartners Strategies (Apr. 2018 – Dec. 2019), Charles Schwab Investment Advisory, Inc.; Senior Vice President and Chief Investment Officer (May 2001 – Apr. 2018), ThomasPartners, Inc. |
Catherine MacGregor 1964 Chief Legal Officer and Secretary, Schwab Funds and Schwab ETFs Chief Legal Officer, Vice President and Clerk, Laudus Trust (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2005; Schwab Strategic Trust since 2009) | Chief Legal Officer (Mar. 2022 – present) and Vice President (Sept. 2005 – present), Charles Schwab Investment Management, Inc.; Managing Director (May 2022 – present) and Vice President (July 2005 – May 2022), Charles Schwab & Co., Inc.; Vice President (Dec. 2005 – present) and Chief Legal Officer and Clerk (Mar. 2007 – present), Laudus Trust; Chief Legal Officer and Secretary (Oct. 2021 – present), Vice President (Nov. 2005 – Oct. 2021) and Assistant Secretary (June 2007 – Oct. 2021), Schwab Funds; Chief Legal Officer and Secretary (Oct. 2021 – present), Vice President and Assistant Secretary (Oct. 2009 – Oct. 2021), Schwab ETFs. |
Schwab Funds
Member SIPC®
Printed on recycled paper.
Item 2: Code of Ethics.
Not applicable to this semi-annual report.
Item 3: Audit Committee Financial Expert.
Not applicable to this semi-annual report.
Item 4: Principal Accountant Fees and Services.
Not applicable to this semi-annual report.
Item 5: Audit Committee of Listed Registrants.
Not applicable.
Item 6: Schedule of Investments.
The schedules of investments are 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: Purchases 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) | Based on their evaluation of Registrant’s disclosure controls and procedures, as of a date within 90 days of the filing date, Registrant’s Chief Executive Officer, Jonathan de St. Paer and Registrant’s Chief Financial Officer, Dana Smith, have concluded that Registrant’s disclosure controls and procedures are: (i) reasonably designed to ensure that information required to be disclosed in this report is appropriately communicated to Registrant’s officers to allow timely decisions regarding disclosures required in this report; (ii) reasonably designed to ensure that information required to be disclosed in this report is recorded, processed, summarized and reported in a timely manner; and (iii) are effective in achieving the goals described in (i) and (ii) above. |
(b) | During the period covered by this report, there have been no changes in Registrant’s internal control over financial reporting that the above officers believe to have materially affected, or to be reasonably likely to materially affect, Registrant’s internal control over financial reporting. |
Item 12: Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
Not applicable.
Item 13: Exhibits.
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.
(Registrant) Schwab Investments – Schwab 1000 Index Fund
By: | /s/ Jonathan de St. Paer | |
Jonathan de St. Paer Chief Executive Officer | ||
Date: | June 16, 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.
By: | /s/ Jonathan de St. Paer | |
Jonathan de St. Paer Chief Executive Officer | ||
Date: | June 16, 2023 |
By: | /s/ Dana Smith | |
Dana Smith Chief Financial Officer | ||
Date: | June 16, 2023 |