Schedule of Investments (unaudited) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Common Stocks | ||||||||
Aerospace & Defense — 0.6% | ||||||||
AAR Corp. | 1,200 | $ | 22,560 | |||||
Aerojet Rocketdyne Holdings, Inc.(a) | 6,385 | 254,698 | ||||||
AeroVironment, Inc.(a) | 1,459 | 87,555 | ||||||
Astronics Corp.(a) | 4,438 | 34,261 | ||||||
Boeing Co. | 322 | 53,214 | ||||||
Cubic Corp.(b) | 4,810 | 279,798 | ||||||
Curtiss-Wright Corp. | 2,542 | 237,067 | ||||||
Hanwha Aerospace Co. Ltd.(a) | 2,729 | 59,084 | ||||||
HEICO Corp. | 305 | 31,921 | ||||||
HEICO Corp., Class A | 561 | 49,738 | ||||||
Hexcel Corp.(b) | 489 | 16,406 | ||||||
Howmet Aerospace, Inc.(b) | 4,690 | 78,417 | ||||||
Kratos Defense & Security Solutions, Inc.(a)(b) | 4,331 | 83,502 | ||||||
L3Harris Technologies, Inc. | 2,134 | 362,438 | ||||||
Lockheed Martin Corp. | 1,521 | 582,969 | ||||||
Maxar Technologies, Inc. | 2,606 | 64,994 | ||||||
Mercury Systems, Inc.(a)(b) | 2,994 | 231,915 | ||||||
Moog, Inc., Class A | 3,970 | 252,214 | ||||||
MTU Aero Engines AG | 292 | 48,405 | ||||||
Northrop Grumman Corp. | 1,170 | 369,123 | ||||||
Raytheon Technologies Corp. | 2,088 | 120,143 | ||||||
Teledyne Technologies, Inc.(a) | 564 | 174,958 | ||||||
TransDigm Group, Inc. | 255 | 121,156 | ||||||
Vectrus, Inc.(a) | 545 | 20,710 | ||||||
|
| |||||||
3,637,246 | ||||||||
Air Freight & Logistics — 0.6% | ||||||||
Atlas Air Worldwide Holdings, Inc.(a)(b) | 351 | 21,376 | ||||||
C.H. Robinson Worldwide, Inc.(b) | 2,996 | 306,161 | ||||||
Deutsche Post AG, Registered Shares | 2,928 | 132,860 | ||||||
DSV Panalpina AS | 620 | 100,566 | ||||||
Echo Global Logistics, Inc.(a) | 8,273 | 213,195 | ||||||
Expeditors International of Washington, Inc. | 2,291 | 207,381 | ||||||
FedEx Corp. | 1,654 | 416,014 | ||||||
Forward Air Corp. | 2,590 | 148,614 | ||||||
Hub Group, Inc., Class A(a) | 10,242 | 514,097 | ||||||
Hyundai Glovis Co. Ltd. | 525 | 64,552 | ||||||
Radiant Logistics, Inc.(a) | 15,553 | 79,943 | ||||||
SF Holding Co. Ltd., Class A | 38,800 | 467,345 | ||||||
United Parcel Service, Inc., Class B | 5,097 | 849,313 | ||||||
XPO Logistics, Inc.(a)(b) | 1,757 | 148,748 | ||||||
|
| |||||||
3,670,165 | ||||||||
Airlines — 0.2% | ||||||||
Aeroflot PJSC(a) | 80,327 | 76,340 | ||||||
Alaska Air Group, Inc. | 2,042 | 74,798 | ||||||
Allegiant Travel Co.(b) | 2,289 | 274,222 | ||||||
American Airlines Group, Inc.(b) | 2,443 | 30,025 | ||||||
Copa Holdings SA, Class A | 142 | 7,148 | ||||||
Delta Air Lines, Inc. | 3,968 | 121,341 | ||||||
Deutsche Lufthansa AG, Registered Shares(a)(b) | 1,283 | 11,113 | ||||||
Southwest Airlines Co. | 2,439 | 91,463 | ||||||
Spirit Airlines, Inc.(a) | 11,830 | 190,463 | ||||||
United Airlines Holdings, Inc.(a) | 5,317 | 184,766 | ||||||
|
| |||||||
1,061,679 | ||||||||
Auto Components — 0.5% | ||||||||
Adient PLC(a) | 2,284 | 39,582 | ||||||
Aisin Seiki Co. Ltd. | 600 | 19,196 | ||||||
Apollo Tyres Ltd. | 46,437 | 82,492 | ||||||
Aptiv PLC | 3,859 | 353,793 | ||||||
Autoliv, Inc. | 267 | 19,459 |
Security | Shares | Value | ||||||
Auto Components (continued) | ||||||||
Bridgestone Corp. | 5,700 | $ | 180,172 | |||||
Cie Generale des Etablissements Michelin SCA | 525 | 56,357 | ||||||
Continental AG, Class A | 532 | 57,652 | ||||||
Cooper-Standard Holdings, Inc.(a) | 3,883 | 51,294 | ||||||
Dana, Inc. | 11,309 | 139,327 | ||||||
Denso Corp. | 1,300 | 56,981 | ||||||
Dorman Products, Inc.(a) | 1,786 | 161,419 | ||||||
Faurecia SE(a) | 466 | 20,087 | ||||||
Fox Factory Holding Corp.(a)(b) | 4,238 | 315,010 | ||||||
Goodyear Tire & Rubber Co. | 13,900 | 106,613 | ||||||
Hankook Tire & Technology Co. Ltd. | 6,003 | 161,762 | ||||||
Koito Manufacturing Co. Ltd. | 500 | 25,513 | ||||||
LCI Industries(b) | 6,076 | 645,818 | ||||||
Lear Corp. | 129 | 14,067 | ||||||
Mando Corp. | 2,100 | 63,917 | ||||||
Modine Manufacturing Co.(a) | 14,766 | 92,287 | ||||||
Motorcar Parts of America, Inc.(a) | 1,830 | 28,475 | ||||||
NGK Spark Plug Co. Ltd. | 2,800 | 48,889 | ||||||
Pirelli & C SpA(a)(c) | 4,157 | 17,812 | ||||||
Standard Motor Products, Inc. | 2,466 | 110,107 | ||||||
Stanley Electric Co. Ltd. | 400 | 11,528 | ||||||
Sumitomo Electric Industries Ltd. | 3,100 | 34,898 | ||||||
Sumitomo Rubber Industries Ltd. | 1,900 | 17,649 | ||||||
Tenneco, Inc., Class A(a) | 5,582 | 38,739 | ||||||
Toyota Industries Corp. | 1,100 | 69,654 | ||||||
Valeo SA | 816 | 25,058 | ||||||
Visteon Corp.(a) | 4,168 | 288,509 | ||||||
Workhorse Group Inc.(a)(b) | 4,524 | 114,367 | ||||||
XPEL Inc.(a)(b) | 1,197 | 31,218 | ||||||
Yokohama Rubber Co. Ltd. | 1,200 | 17,082 | ||||||
|
| |||||||
3,516,783 | ||||||||
Automobiles — 0.9% | ||||||||
BAIC Motor Corp. Ltd., Class H(c) | 377,000 | 154,255 | ||||||
Bayerische Motoren Werke AG | 260 | 18,870 | ||||||
BYD Co. Ltd., Class A | 23,800 | 410,603 | ||||||
BYD Co. Ltd., Class H | 21,500 | 346,714 | ||||||
Chongqing Changan Automobile Co. Ltd., Class A(a) | 43,112 | 85,710 | ||||||
Daimler AG, Registered Shares | 821 | 44,289 | ||||||
Ferrari NV | 321 | 58,909 | ||||||
Fiat Chrysler Automobiles NV(a) | 1,843 | 22,623 | ||||||
Ford Motor Co. | 27,520 | 183,283 | ||||||
General Motors Co. | 3,636 | 107,589 | ||||||
Great Wall Motor Co. Ltd., Class H | 173,000 | 220,682 | ||||||
Harley-Davidson, Inc. | 6,218 | 152,590 | ||||||
Hero MotoCorp Ltd. | 4,019 | 171,545 | ||||||
Honda Motor Co. Ltd. | 5,700 | 135,359 | ||||||
NIO, Inc., ADR(a)(b) | 28,530 | 605,406 | ||||||
Nissan Motor Co. Ltd.(a) | 7,800 | 27,585 | ||||||
Peugeot SA(a) | 1,469 | 26,639 | ||||||
Subaru Corp. | 3,100 | 60,180 | ||||||
Suzuki Motor Corp. | 700 | 29,986 | ||||||
Tesla, Inc.(a)(b) | 6,379 | 2,736,655 | ||||||
Toyota Motor Corp. | 4,700 | 311,939 | ||||||
Winnebago Industries, Inc.(b) | 2,892 | 149,430 | ||||||
|
| |||||||
6,060,841 | ||||||||
Banks — 5.4% | ||||||||
1st Source Corp. | 1,021 | 31,488 | ||||||
ABN AMRO Bank NV(c) | 1,139 | 9,521 | ||||||
Abu Dhabi Commercial Bank PJSC | 60,531 | 93,417 | ||||||
ACNB Corp. | 1,739 | 36,171 | ||||||
Agricultural Bank of China Ltd., Class H | 1,350,000 | 423,569 | ||||||
Al Rajhi Bank | 53,872 | 944,237 |
M A S T E R P O R T F O L I O S C H E D U L E O F I N V E S T M E N T S | 1 |
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Banks (continued) | ||||||||
American National Bankshares, Inc. | 1,855 | $ | 38,807 | |||||
Ameris Bancorp | 5,152 | 117,363 | ||||||
Ames National Corp. | 764 | 12,904 | ||||||
AMMB Holdings BHD | 47,400 | 34,311 | ||||||
Australia & New Zealand Banking Group Ltd. | 6,295 | 78,536 | ||||||
Banc of California, Inc. | 1,264 | 12,792 | ||||||
BancFirst Corp.(b) | 4,935 | 201,545 | ||||||
Banco Bilbao Vizcaya Argentaria SA | 21,812 | 60,549 | ||||||
Banco Bradesco SA, ADR | 70,665 | 242,381 | ||||||
Banco do Brasil SA | 35,470 | 187,080 | ||||||
Banco Santander SA(a) | 55,386 | 103,309 | ||||||
Bancolombia SA, ADR | 1,406 | 35,923 | ||||||
Bancorp, Inc.(a) | 12,084 | 104,406 | ||||||
BancorpSouth Bank | 2,841 | 55,059 | ||||||
Bank AlBilad | 19,894 | 128,449 | ||||||
Bank Central Asia Tbk PT | 374,400 | 683,432 | ||||||
Bank Mandiri Persero Tbk PT | 261,300 | 87,385 | ||||||
Bank Negara Indonesia Persero Tbk PT | 1,153,500 | 346,018 | ||||||
Bank of America Corp. | 61,253 | 1,475,585 | ||||||
Bank of China Ltd., Class H | 1,795,000 | 558,281 | ||||||
Bank of Commerce Holdings | 5,392 | 37,582 | ||||||
Bank of Communications Co. Ltd., Class H | 86,000 | 41,450 | ||||||
Bank of Hawaii Corp.(b) | 1,934 | 97,706 | ||||||
Bank of Jiangsu Co. Ltd., Class A | 130,600 | 117,362 | ||||||
Bank Polska Kasa Opieki SA(a) | 54,874 | 714,800 | ||||||
Bank Rakyat Indonesia Persero Tbk PT | 663,700 | 136,161 | ||||||
Bank7 Corp. | 367 | 3,450 | ||||||
BankFinancial Corp. | 6,223 | 44,930 | ||||||
Bankwell Financial Group, Inc. | 1,692 | 23,942 | ||||||
Banner Corp. | 8,722 | 281,372 | ||||||
Barclays PLC(a) | 37,192 | 46,920 | ||||||
Baycom Corp.(a)(b) | 3,011 | 31,013 | ||||||
BDO Unibank, Inc. | 107,890 | 192,516 | ||||||
Berkshire Hills Bancorp, Inc. | 10,800 | 109,188 | ||||||
BNK Financial Group, Inc. | 15,249 | 65,979 | ||||||
BNP Paribas SA(a) | 2,742 | 99,191 | ||||||
BOC Hong Kong Holdings Ltd. | 11,500 | 30,486 | ||||||
Boston Private Financial Holdings, Inc. | 5,012 | 27,666 | ||||||
CaixaBank SA | 7,811 | 16,582 | ||||||
Capital City Bank Group, Inc. | 7,301 | 137,186 | ||||||
Capitec Bank Holdings Ltd. | 1,431 | 88,137 | ||||||
Capstar Financial Holdings, Inc. | 3,607 | 35,385 | ||||||
Carter Bank & Trust | 9,420 | 62,643 | ||||||
Cathay General Bancorp | 4,203 | 91,121 | ||||||
CBTX, Inc. | 204 | 3,333 | ||||||
Central Pacific Financial Corp.(b) | 18,926 | 256,826 | ||||||
Central Valley Community Bancorp | 1,445 | 17,846 | ||||||
China Construction Bank Corp., Class H | 1,313,000 | 853,151 | ||||||
CIT Group, Inc.(b) | 15,076 | 266,996 | ||||||
Citigroup, Inc. | 12,750 | 549,652 | ||||||
Citizens Financial Group, Inc. | 2,461 | 62,214 | ||||||
Civista Bancshares, Inc. | 3,300 | 41,316 | ||||||
CNB Financial Corp. | 1,797 | 26,721 | ||||||
Colony Bankcorp, Inc. | 812 | 8,729 | ||||||
Comerica, Inc. | 4,375 | 167,344 | ||||||
Commonwealth Bank of Australia | 4,118 | 189,495 | ||||||
Community Bank System, Inc. | 1,967 | 107,123 | ||||||
Community Bankers Trust Corp. | 5,873 | 29,835 | ||||||
Community Trust Bancorp, Inc. | 1,179 | 33,319 | ||||||
Credit Agricole SA(a) | 2,498 | 21,795 | ||||||
CTBC Financial Holding Co. Ltd. | 1,557,000 | 994,770 | ||||||
Cullen/Frost Bankers, Inc.(b) | 3,121 | 199,588 | ||||||
Customers Bancorp, Inc.(a) | 1,864 | 20,877 |
Security | Shares | Value | ||||||
Banks (continued) | ||||||||
CVB Financial Corp. | 5,392 | $ | 89,669 | |||||
Danske Bank A/S(a) | 983 | 13,296 | ||||||
DBS Group Holdings Ltd. | 3,900 | 57,335 | ||||||
DGB Financial Group, Inc. | 23,196 | 108,680 | ||||||
Dubai Islamic Bank PJSC | 32,718 | 38,582 | ||||||
East West Bancorp, Inc. | 798 | 26,127 | ||||||
Enterprise Bancorp, Inc. | 953 | 20,032 | ||||||
Enterprise Financial Services Corp. | 587 | 16,007 | ||||||
Equity Bancshares, Inc., Class A(a) | 3,953 | 61,271 | ||||||
Erste Group Bank AG(a) | 407 | 8,523 | ||||||
Evans Bancorp, Inc. | 2,734 | 60,832 | ||||||
Fifth Third Bancorp | 3,554 | 75,771 | ||||||
Financial Institutions, Inc. | 2,080 | 32,032 | ||||||
First Abu Dhabi Bank PJSC | 48,932 | 150,992 | ||||||
First Bancorp, Inc. | 1,291 | 27,214 | ||||||
First BanCorp, Puerto Rico | 15,352 | 80,137 | ||||||
First Bancorp/Southern Pines NC | 741 | 15,509 | ||||||
First Bank/Hamilton | 5,631 | 34,912 | ||||||
First Busey Corp. | 1,610 | 25,583 | ||||||
First Business Financial Services, Inc. | 1,611 | 23,021 | ||||||
First Commonwealth Financial Corp. | 7,269 | 56,262 | ||||||
First Community Bancshares, Inc.(b) | 5,912 | 106,712 | ||||||
First Financial Bankshares, Inc. | 5,894 | 164,502 | ||||||
First Financial Northwest, Inc. | 22,039 | 200,996 | ||||||
First Guaranty Bancshares, Inc. | 1,027 | 12,437 | ||||||
First Horizon National Corp. | 32,732 | 308,663 | ||||||
First Interstate Bancsystem, Inc. | 6,043 | 192,470 | ||||||
First Republic Bank | 4,412 | 481,173 | ||||||
First Savings Financial Group, Inc.(b) | 541 | 29,398 | ||||||
First United Corp. | 749 | 8,771 | ||||||
Flushing Financial Corp. | 3,380 | 35,558 | ||||||
Fulton Financial Corp. | 34,500 | 321,885 | ||||||
Glacier Bancorp, Inc. | 10,305 | 330,275 | ||||||
Grupo Financiero Banorte SAB de CV, Class O(a) | 46,440 | 160,922 | ||||||
Hancock Whitney Corp. | 9,135 | 171,829 | ||||||
Hang Seng Bank Ltd.(b) | 2,800 | 41,481 | ||||||
HBT Financial, Inc. | 20,460 | 229,561 | ||||||
HDFC Bank Ltd.(a) | 61,991 | 910,016 | ||||||
Heartland Financial USA, Inc. | 1,079 | 32,365 | ||||||
Heritage Commerce Corp. | 6,760 | 44,988 | ||||||
Home BancShares, Inc. | 14,783 | 224,110 | ||||||
Howard Bancorp, Inc.(a) | 5,858 | 52,605 | ||||||
HSBC Holdings PLC | 53,358 | 208,750 | ||||||
Huaxia Bank Co. Ltd., Class A | 55,000 | 49,811 | ||||||
Huntington Bancshares, Inc. | 5,057 | 46,373 | ||||||
ICICI Bank Ltd.(a) | 41,523 | 200,774 | ||||||
ICICI Bank Ltd., ADR(a) | 23,522 | 231,221 | ||||||
Independent Bank Corp. | 3,598 | 45,227 | ||||||
Industrial & Commercial Bank of China Ltd., Class H | 1,793,000 | 933,965 | ||||||
Industrial Bank Co. Ltd., Class A | 79,200 | 188,938 | ||||||
ING Groep NV(a) | 9,161 | 65,381 | ||||||
Intesa Sanpaolo SpA(a) | 40,641 | 76,463 | ||||||
Investar Holding Corp. | 3,275 | 41,986 | ||||||
Investors Bancorp, Inc. | 34,078 | 247,406 | ||||||
Itau Unibanco Holding SA, ADR, Preference Shares | 58,655 | 233,447 | ||||||
Japan Post Bank Co. Ltd.(b) | 4,400 | 34,319 | ||||||
JPMorgan Chase & Co. | 23,270 | 2,240,203 | ||||||
Kasikornbank PCL, NVDR | 193,200 | 471,632 | ||||||
KB Financial Group, Inc. | 9,004 | 289,929 | ||||||
KBC Group NV | 647 | 32,444 | ||||||
KeyCorp | 5,453 | 65,054 | ||||||
Kiatnakin Phatra Bank PCL, NVDR | 119,300 | 140,766 | ||||||
Kotak Mahindra Bank Ltd.(a) | 14,784 | 255,259 |
2 |
|
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Banks (continued) | ||||||||
Lakeland Bancorp, Inc. | 7,881 | $ | 78,416 | |||||
Lakeland Financial Corp. | 1,502 | 61,882 | ||||||
Level One Bancorp, Inc. | 2,305 | 35,958 | ||||||
M&T Bank Corp. | 808 | 74,409 | ||||||
Macatawa Bank Corp. | 505 | 3,298 | ||||||
Mackinac Financial Corp. | 2,225 | 21,471 | ||||||
Malayan Banking BHD | 67,100 | 116,728 | ||||||
Mediobanca Banca di Credito Finanziario SpA | 974 | 7,632 | ||||||
Mercantile Bank Corp. | 1,168 | 21,047 | ||||||
Midland States Bancorp, Inc. | 8,299 | 106,642 | ||||||
MidWestOne Financial Group, Inc. | 2,438 | 43,567 | ||||||
Mitsubishi UFJ Financial Group, Inc. | 39,300 | 156,841 | ||||||
Mizuho Financial Group, Inc. | 6,620 | 82,629 | ||||||
Moneta Money Bank AS(c) | 34,813 | 79,941 | ||||||
National Australia Bank Ltd. | 7,785 | 100,013 | ||||||
National Commercial Bank | 58,567 | 581,777 | ||||||
Natwest Group PLC(a) | 13,215 | 18,097 | ||||||
Nedbank Group Ltd. | 23,961 | 143,383 | ||||||
Nordea Bank Abp(a) | 2,298 | 17,462 | ||||||
Northrim BanCorp, Inc. | 4,129 | 105,248 | ||||||
OceanFirst Financial Corp. | 10,935 | 149,700 | ||||||
Orrstown Financial Services, Inc. | 2,853 | 36,518 | ||||||
Oversea-Chinese Banking Corp. Ltd. | 4,300 | 26,741 | ||||||
Pacific Mercantile Bancorp(a) | 29,822 | 110,938 | ||||||
Pacific Premier Bancorp, Inc. | 1,161 | 23,383 | ||||||
PCB Bancorp | 1,479 | 13,000 | ||||||
Peapack Gladstone Financial Corp. | 4,428 | 67,084 | ||||||
Penns Woods Bancorp, Inc. | 579 | 11,493 | ||||||
People’s United Financial, Inc. | 2,595 | 26,754 | ||||||
Postal Savings Bank of China Co. Ltd., Class H(c) | 126,000 | 52,838 | ||||||
Powszechna Kasa Oszczednosci Bank Polski | 71,623 | 393,097 | ||||||
Prosperity Bancshares, Inc. | 980 | 50,793 | ||||||
Public Bank Bhd | 122,100 | 461,802 | ||||||
QCR Holdings, Inc. | 2,305 | 63,180 | ||||||
Regions Financial Corp. | 4,555 | 52,519 | ||||||
Reliant Bancorp Inc. | 1,003 | 14,544 | ||||||
Republic Bancorp, Inc., Class A | 8,520 | 239,923 | ||||||
Republic First Bancorp, Inc.(a) | 106,658 | 211,183 | ||||||
RHB Bank Bhd | 194,800 | 214,495 | ||||||
Riyad Bank | 52,807 | 263,176 | ||||||
Salisbury Bancorp Inc. | 20 | 632 | ||||||
Samba Financial Group | 51,054 | 367,215 | ||||||
Sandy Spring Bancorp, Inc. | 17,823 | 411,355 | ||||||
Saudi British Bank | 22,990 | 155,264 | ||||||
Sberbank of Russia PJSC, ADR(a) | 16,839 | 196,586 | ||||||
ServisFirst Bancshares, Inc. | 561 | 19,091 | ||||||
Shinhan Financial Group Co. Ltd. | 17,990 | 422,056 | ||||||
Shinhan Financial Group Co. Ltd., ADR | 2,665 | 61,215 | ||||||
Shore Bancshares, Inc. | 4,080 | 44,798 | ||||||
Siam Commercial Bank PCL, NVDR | 84,600 | 174,215 | ||||||
Sierra Bancorp | 10,879 | 182,658 | ||||||
Signature Bank | 265 | 21,992 | ||||||
Silvergate Capital Corp., Class A(a) | 1,103 | 15,883 | ||||||
Simmons First National Corp., Class A | 1,145 | 18,154 | ||||||
SmartFinancial, Inc. | 3,358 | 45,635 | ||||||
Societe Generale SA(a) | 1,954 | 25,937 | ||||||
South Plains Financial, Inc. | 4,537 | 56,304 | ||||||
South State Corp.(b) | 6,360 | 306,234 | ||||||
Southern National Bancorp of Virginia, Inc. | 4,428 | 38,435 | ||||||
Spirit of Texas Bancshares, Inc.(a) | 434 | 4,843 | ||||||
Standard Bank Group Ltd. | 54,391 | 349,340 | ||||||
Standard Chartered PLC(a) | 6,234 | 28,686 |
Security | Shares | Value | ||||||
Banks (continued) | ||||||||
Sumitomo Mitsui Financial Group, Inc. | 4,300 | $ | 120,231 | |||||
Sumitomo Mitsui Trust Holdings, Inc. | 700 | 18,623 | ||||||
SVB Financial Group(a) | 257 | 61,839 | ||||||
Svenska Handelsbanken AB, A Shares(a) | 653 | 5,464 | ||||||
Swedbank AB, A Shares(a) | 560 | 8,767 | ||||||
Synovus Financial Corp. | 7,893 | 167,095 | ||||||
Texas Capital Bancshares, Inc.(a) | 2,950 | 91,833 | ||||||
Tisco Financial Group PCL | 29,100 | 58,692 | ||||||
Tompkins Financial Corp. | 379 | 21,531 | ||||||
TowneBank | 3,537 | 58,007 | ||||||
Trico Bancshares | 1,019 | 24,955 | ||||||
TriState Capital Holdings, Inc.(a) | 13,030 | 172,517 | ||||||
Truist Financial Corp. | 6,277 | 238,840 | ||||||
Trustmark Corp. | 4,792 | 102,597 | ||||||
U.S. Bancorp | 6,099 | 218,649 | ||||||
UMB Financial Corp. | 888 | 43,521 | ||||||
UniCredit SpA(a) | 4,849 | 40,064 | ||||||
Union Bankshares, Inc. | 3,114 | 63,152 | ||||||
United Bankshares, Inc. | 3,620 | 77,721 | ||||||
United Community Banks, Inc. | 31,235 | 528,809 | ||||||
United Overseas Bank Ltd. | 1,300 | 18,313 | ||||||
Unity Bancorp, Inc. | 1,398 | 16,189 | ||||||
Univest Financial Corp. | 5,065 | 72,784 | ||||||
Valley National Bancorp | 1,925 | 13,186 | ||||||
Washington Trust Bancorp, Inc. | 3,539 | 108,506 | ||||||
Wells Fargo & Co. | 61,600 | 1,448,216 | ||||||
WesBanco, Inc. | 6,693 | 142,962 | ||||||
West BanCorp., Inc. | 1,074 | 17,012 | ||||||
Westamerica BanCorp | 533 | 28,969 | ||||||
Westpac Banking Corp. | 9,194 | 111,793 | ||||||
Wintrust Financial Corp. | 3,633 | 145,502 | ||||||
Woori Financial Group, Inc. | 10,041 | 73,421 | ||||||
Zions Bancorp NA | 3,202 | 93,562 | ||||||
|
| |||||||
35,367,520 | ||||||||
Beverages — 1.2% | ||||||||
Ambev SA | 116,733 | 260,658 | ||||||
Ambev SA, ADR | 304,137 | 687,350 | ||||||
Anheuser-Busch InBev SA/NV | 2,303 | 123,995 | ||||||
Arca Continental SAB de CV | 62,711 | 271,616 | ||||||
Asahi Group Holdings Ltd. | 1,300 | 45,308 | ||||||
Brown-Forman Corp., Class B | 5,957 | 448,681 | ||||||
Budweiser Brewing Co. APAC Ltd.(c) | 5,900 | 17,257 | ||||||
Carlsberg A/S, Class B | 195 | 26,271 | ||||||
China Resources Beer Holdings Co. Ltd. | 42,000 | 257,959 | ||||||
Coca-Cola Bottlers Japan Holdings, Inc. | 800 | 13,392 | ||||||
Coca-Cola Co. | 16,085 | 794,116 | ||||||
Coca-Cola European Partners PLC | 1,431 | 55,537 | ||||||
Coca-Cola Femsa SAB de CV | 41,882 | 170,831 | ||||||
Coca-Cola HBC AG(a) | 874 | 21,582 | ||||||
Constellation Brands, Inc., Class A | 864 | 163,737 | ||||||
Davide Campari-Milano NV | 2,726 | 29,753 | ||||||
Diageo PLC | 6,402 | 219,900 | ||||||
Heineken Holding NV | 408 | 31,795 | ||||||
Keurig Dr Pepper, Inc.(b) | 8,502 | 234,655 | ||||||
Kirin Holdings Co. Ltd. | 2,700 | 50,713 | ||||||
Molson Coors Beverage Co., Class B | 1,483 | 49,770 | ||||||
Monster Beverage Corp.(a) | 1,959 | 157,112 | ||||||
National Beverage Corp.(a)(b) | 1,815 | 123,438 | ||||||
PepsiCo, Inc. | 22,258 | 3,084,959 | ||||||
Pernod Ricard SA | 239 | 38,105 | ||||||
Primo Water Corp. | 11,052 | 156,938 |
M A S T E R P O R T F O L I O S C H E D U L E O F I N V E S T M E N T S | 3 |
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Beverages (continued) | ||||||||
Suntory Beverage & Food Ltd. | 600 | $ | 22,532 | |||||
Treasury Wine Estates Ltd. | 1,054 | 6,772 | ||||||
Tsingtao Brewery Co. Ltd., Class H | 8,000 | 65,463 | ||||||
|
| |||||||
7,630,195 | ||||||||
Biotechnology — 3.5% | ||||||||
3SBio, Inc.(a)(c) | 273,000 | 309,318 | ||||||
AbbVie, Inc. | 20,954 | 1,835,361 | ||||||
ACADIA Pharmaceuticals, Inc.(a) | 4,761 | 196,391 | ||||||
Acceleron Pharma, Inc.(a) | 1,222 | 137,512 | ||||||
Adverum Biotechnologies, Inc.(a) | 5,687 | 58,576 | ||||||
Affimed NV(a) | 13,914 | 47,168 | ||||||
Agenus, Inc.(a) | 24,319 | 97,276 | ||||||
Aimmune Therapeutics, Inc.(a)(b) | 1,630 | 56,154 | ||||||
Akebia Therapeutics, Inc.(a)(b) | 8,849 | 22,211 | ||||||
Akero Therapeutics, Inc.(a)(b) | 1,434 | 44,153 | ||||||
Alder Biopharmaceuticals, Inc.(d) | 3,943 | 3,470 | ||||||
Alector, Inc.(a) | 7,948 | 83,732 | ||||||
Alexion Pharmaceuticals, Inc.(a) | 431 | 49,319 | ||||||
Allakos, Inc.(a)(b) | 698 | 56,852 | ||||||
Allogene Therapeutics, Inc.(a)(b) | 5,959 | 224,714 | ||||||
Allovir, Inc.(a) | 2,323 | 63,883 | ||||||
Alnylam Pharmaceuticals, Inc.(a) | 167 | 24,315 | ||||||
Amgen, Inc. | 5,617 | 1,427,617 | ||||||
Amicus Therapeutics, Inc.(a) | 14,511 | 204,895 | ||||||
Anika Therapeutics, Inc.(a) | 2,296 | 81,255 | ||||||
Apellis Pharmaceuticals, Inc.(a)(b) | 3,545 | 106,953 | ||||||
Applied Therapeutics, Inc.(a) | 656 | 13,619 | ||||||
Aptinyx, Inc.(a) | 18,536 | 62,652 | ||||||
AquaBounty Technologies, Inc.(a) | 3 | 13 | ||||||
Arcturus Therapeutics Holdings, Inc.(a) | 1,267 | 54,354 | ||||||
Arcus Biosciences, Inc.(a) | 4,936 | 84,603 | ||||||
Arcutis Biotherapeutics, Inc.(a)(b) | 1,270 | 37,211 | ||||||
Arena Pharmaceuticals, Inc.(a) | 2,893 | 216,367 | ||||||
Argenx SE(a) | 38 | 10,038 | ||||||
Arrowhead Pharmaceuticals, Inc.(a)(b) | 7,899 | 340,131 | ||||||
Assembly Biosciences, Inc.(a) | 2,398 | 39,423 | ||||||
Atara Biotherapeutics, Inc.(a) | 5,592 | 72,472 | ||||||
Athenex, Inc.(a) | 7,223 | 87,398 | ||||||
Athersys, Inc.(a)(b) | 23,416 | 45,661 | ||||||
Avrobio, Inc.(a) | 1,064 | 13,853 | ||||||
Beyondspring, Inc.(a)(b) | 1,840 | 24,490 | ||||||
BioCryst Pharmaceuticals, Inc.(a) | 17,776 | 61,061 | ||||||
Biogen, Inc.(a) | 1,706 | 483,958 | ||||||
Biohaven Pharmaceutical Holding Co. Ltd.(a)(b) | 2,360 | 153,424 | ||||||
BioMarin Pharmaceutical, Inc.(a) | 86 | 6,543 | ||||||
Bioxcel Therapeutics, Inc.(a) | 462 | 20,032 | ||||||
Black Diamond Therapeutics, Inc.(a) | 953 | 28,809 | ||||||
Blueprint Medicines Corp.(a)(b) | 4,564 | 423,083 | ||||||
Bridgebio Pharma, Inc.(a)(b) | 6,230 | 233,750 | ||||||
Calithera Biosciences, Inc.(a) | 10,469 | 36,118 | ||||||
CareDx, Inc.(a)(b) | 2,331 | 88,438 | ||||||
Celltrion, Inc.(a) | 2,006 | 441,248 | ||||||
Cellular Biomedicine Group, Inc.(a) | 1,152 | 21,128 | ||||||
Centogene NV(a) | 910 | 8,609 | ||||||
Checkmate Pharmaceuticals Inc.(a) | 848 | 9,760 | ||||||
ChemoCentryx, Inc.(a) | 2,975 | 163,030 | ||||||
Chimerix, Inc.(a) | 20,803 | 51,799 | ||||||
China Biologic Products Holdings Inc.(a) | 471 | 52,347 | ||||||
Clovis Oncology, Inc.(a)(b) | 4,759 | 27,745 | ||||||
Coherus Biosciences, Inc.(a)(b) | 4,121 | 75,579 | ||||||
Constellation Pharmaceuticals, Inc.(a) | 1,828 | 37,035 |
Security | Shares | Value | ||||||
Biotechnology (continued) | ||||||||
Corvus Pharmaceuticals, Inc.(a)(b) | 6,319 | $ | 25,339 | |||||
Crinetics Pharmaceuticals, Inc.(a) | 4,021 | 63,009 | ||||||
CSL Ltd. | 1,035 | 213,796 | ||||||
Cue Biopharma, Inc.(a)(b) | 5,138 | 77,327 | ||||||
Cytokinetics, Inc.(a)(b) | 4,297 | 93,030 | ||||||
CytomX Therapeutics, Inc.(a) | 4,473 | 29,745 | ||||||
Deciphera Pharmaceuticals, Inc.(a)(b) | 2,342 | 120,145 | ||||||
Denali Therapeutics, Inc.(a)(b) | 3,355 | 120,210 | ||||||
Dicerna Pharmaceuticals, Inc.(a) | 893 | 16,065 | ||||||
Dynavax Technologies Corp.(a) | 6,942 | 29,989 | ||||||
Editas Medicine, Inc.(a)(b) | 8,385 | 235,283 | ||||||
Eidos Therapeutics, Inc.(a)(b) | 1,530 | 77,311 | ||||||
Eiger Biopharmaceuticals, Inc.(a)(b) | 2,450 | 19,943 | ||||||
Emergent Biosolutions, Inc.(a) | 4,314 | 445,766 | ||||||
Enanta Pharmaceuticals, Inc.(a)(b) | 7,196 | 329,433 | ||||||
Epizyme, Inc.(a) | 5,099 | 60,831 | ||||||
Esperion Therapeutics, Inc.(a)(b) | 465 | 17,284 | ||||||
Evelo Biosciences, Inc.(a)(b) | 3,443 | 18,145 | ||||||
Exact Sciences Corp.(a)(b) | 1,254 | 127,845 | ||||||
Exelixis, Inc.(a) | 4,679 | 114,402 | ||||||
Exicure Inc.(a) | 5,365 | 9,389 | ||||||
Fate Therapeutics, Inc.(a) | 5,183 | 207,165 | ||||||
Fennec Pharmaceuticals, Inc.(a) | 1,750 | 10,605 | ||||||
FibroGen, Inc.(a)(b) | 8,911 | 366,420 | ||||||
Five Prime Therapeutics, Inc.(a) | 2,896 | 13,611 | ||||||
Flexion Therapeutics, Inc.(a)(b) | 6,947 | 72,318 | ||||||
Frequency Therapeutics, Inc.(a)(b) | 2,129 | 40,898 | ||||||
G1 Therapeutics, Inc.(a) | 2,345 | 27,085 | ||||||
Galapagos NV(a) | 71 | 10,066 | ||||||
Genmab A/S(a) | 110 | 39,920 | ||||||
Gilead Sciences, Inc. | 20,325 | 1,284,337 | ||||||
GlycoMimetics, Inc.(a) | 5,325 | 16,348 | ||||||
Gossamer Bio, Inc.(a)(b) | 5,334 | 66,195 | ||||||
Grifols SA , Class A | 764 | 21,969 | ||||||
Halozyme Therapeutics, Inc.(a) | 17,383 | 456,825 | ||||||
Harpoon Therapeutics, Inc.(a) | 3,250 | 55,218 | ||||||
Heron Therapeutics, Inc.(a) | 2,558 | 37,910 | ||||||
Homology Medicines, Inc.(a) | 1,008 | 10,786 | ||||||
Hookipa Pharma, Inc.(a)(b) | 2,182 | 20,664 | ||||||
IGM Biosciences Inc.(a) | 376 | 27,753 | ||||||
ImmunoGen, Inc.(a) | 9,706 | 34,942 | ||||||
Immunomedics, Inc.(a) | 996 | 84,690 | ||||||
Immunovant, Inc.(a)(b) | 780 | 27,448 | ||||||
Incyte Corp.(a) | 196 | 17,589 | ||||||
Inhibrx, Inc.(a) | 1,868 | 33,624 | ||||||
Inovio Pharmaceuticals, Inc.(a)(b) | 11,361 | 131,788 | ||||||
Insmed, Inc.(a) | 4,843 | 155,654 | ||||||
Intellia Therapeutics, Inc.(a)(b) | 9,836 | 195,540 | ||||||
Intercept Pharmaceuticals, Inc.(a)(b) | 793 | 32,878 | ||||||
Invitae Corp.(a)(b) | 8,939 | 387,506 | ||||||
Ironwood Pharmaceuticals, Inc.(a)(b) | 18,800 | 169,106 | ||||||
iTeos Therapeutics Inc.(a) | 559 | 13,791 | ||||||
Jounce Therapeutics, Inc.(a) | 3,242 | 26,455 | ||||||
Kadmon Holdings, Inc.(a) | 8,257 | 32,367 | ||||||
KalVista Pharmaceuticals, Inc.(a)(b) | 1,067 | 13,434 | ||||||
Karuna Therapeutics, Inc.(a)(b) | 562 | 43,454 | ||||||
Karyopharm Therapeutics, Inc.(a) | 13,935 | 203,451 | ||||||
Kindred Biosciences, Inc.(a) | 10,351 | 44,406 | ||||||
Kiniksa Pharmaceuticals Ltd.(a) | 4,901 | 75,083 | ||||||
Kodiak Sciences, Inc.(a) | 1,497 | 88,637 | ||||||
Krystal Biotech, Inc.(a)(b) | 466 | 20,061 | ||||||
Kymera Therapeutics, Inc.(a) | 693 | 22,391 |
4 |
|
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Biotechnology (continued) | ||||||||
Ligand Pharmaceuticals, Inc.(a)(b) | 2,737 | $ | 260,891 | |||||
LogicBio Therapeutics, Inc.(a) | 2,154 | 19,558 | ||||||
MacroGenics, Inc.(a) | 5,096 | 128,368 | ||||||
Madrigal Pharmaceuticals, Inc.(a)(b) | 643 | 76,343 | ||||||
Magenta Therapeutics, Inc.(a) | 1,699 | 11,553 | ||||||
MeiraGTx Holdings PLC(a) | 1,534 | 20,310 | ||||||
Mersana Therapeutics, Inc.(a) | 1,703 | 31,710 | ||||||
Mirati Therapeutics, Inc.(a)(b) | 2,450 | 406,823 | ||||||
Moderna, Inc.(a) | 1,657 | 117,233 | ||||||
Molecular Templates, Inc.(a) | 1,349 | 14,731 | ||||||
Momenta Pharmaceuticals, Inc.(a) | 5,487 | 287,958 | ||||||
Morphic Holding, Inc.(a) | 1,474 | 40,299 | ||||||
Myriad Genetics, Inc.(a) | 3,944 | 51,430 | ||||||
Natera, Inc.(a) | 8,818 | 637,012 | ||||||
Neoleukin Therapeutics Inc.(a) | 1,505 | 18,060 | ||||||
NextCure, Inc.(a) | 353 | 3,106 | ||||||
Novavax, Inc.(a)(b) | 5,056 | 547,818 | ||||||
Nymox Pharmaceutical Corp.(a)(b) | 5,685 | 13,985 | ||||||
OPKO Health, Inc.(a)(b) | 46,490 | 171,548 | ||||||
ORIC Pharmaceuticals, Inc.(a)(b) | 1,500 | 37,515 | ||||||
Oyster Point Pharma Inc.(a)(b) | 1,993 | 42,072 | ||||||
Passage Bio, Inc.(a) | 1,970 | 25,827 | ||||||
PeptiDream, Inc.(a) | 100 | 4,693 | ||||||
Pieris Pharmaceuticals, Inc.(a)(b) | 4,761 | 9,855 | ||||||
Poseida Therapeutics, Inc.(a) | 3,625 | 32,154 | ||||||
Precigen, Inc.(a) | 5,997 | 20,990 | ||||||
Precision BioSciences, Inc.(a)(b) | 4,716 | 29,051 | ||||||
Prevail Therapeutics, Inc.(a) | 8,602 | 87,568 | ||||||
Prothena Corp. PLC(a) | 3,251 | 32,478 | ||||||
PTC Therapeutics, Inc.(a)(b) | 5,874 | 274,610 | ||||||
Puma Biotechnology, Inc.(a) | 4,800 | 48,432 | ||||||
Radius Health, Inc.(a) | 7,578 | 85,935 | ||||||
Regeneron Pharmaceuticals, Inc.(a) | 706 | 395,205 | ||||||
REGENXBIO, Inc.(a)(b) | 8,213 | 226,022 | ||||||
Relay Therapeutics, Inc.(a) | 2,016 | 85,861 | ||||||
Replimune Group, Inc.(a) | 2,561 | 58,954 | ||||||
Retrophin, Inc.(a) | 7,803 | 144,043 | ||||||
Revolution Medicines, Inc.(a)(b) | 1,904 | 66,259 | ||||||
Rigel Pharmaceuticals, Inc.(a)(b) | 33,098 | 79,435 | ||||||
Rubius Therapeutics, Inc.(a) | 7,424 | 37,194 | ||||||
Sangamo Therapeutics, Inc.(a)(b) | 10,038 | 94,859 | ||||||
Seattle Genetics, Inc.(a) | 187 | 36,594 | ||||||
Selecta Biosciences, Inc.(a) | 6,678 | 16,561 | ||||||
Seres Therapeutics, Inc.(a) | 5,262 | 148,967 | ||||||
Sorrento Therapeutics, Inc.(a)(b) | 10,082 | 112,414 | ||||||
Spectrum Pharmaceuticals, Inc.(a) | 42,862 | 174,877 | ||||||
SpringWorks Therapeutics, Inc.(a) | 1,196 | 57,013 | ||||||
Stoke Therapeutics, Inc.(a)(b) | 636 | 21,300 | ||||||
Sutro Biopharma, Inc.(a) | 5,183 | 52,089 | ||||||
Syndax Pharmaceuticals, Inc.(a) | 1,382 | 20,398 | ||||||
Synlogic, Inc.(a) | 8,869 | 17,915 | ||||||
Syros Pharmaceuticals, Inc.(a) | 2,191 | 19,368 | ||||||
TG Therapeutics, Inc.(a)(b) | 4,448 | 119,029 | ||||||
Translate Bio, Inc.(a)(b) | 2,270 | 30,895 | ||||||
Turning Point Therapeutics, Inc.(a)(b) | 1,551 | 135,495 | ||||||
Twist Bioscience Corp.(a)(b) | 2,127 | 161,588 | ||||||
Ultragenyx Pharmaceutical, Inc.(a)(b) | 6,253 | 513,934 | ||||||
UroGen Pharma Ltd.(a)(b) | 1,960 | 37,808 | ||||||
Vanda Pharmaceuticals, Inc.(a) | 6,908 | 66,731 | ||||||
Veracyte, Inc.(a) | 7,414 | 240,881 | ||||||
Vertex Pharmaceuticals, Inc.(a) | 645 | 175,517 | ||||||
Viela Bio Inc.(a)(b) | 1,103 | 30,972 |
Security | Shares | Value | ||||||
Biotechnology (continued) | ||||||||
Vir Biotechnology, Inc.(a)(b) | 4,139 | $ | 142,092 | |||||
X4 Pharmaceuticals, Inc.(a) | 864 | 5,849 | ||||||
Xencor, Inc.(a)(b) | 4,296 | 166,642 | ||||||
Y-mAbs Therapeutics, Inc.(a) | 3,065 | 117,665 | ||||||
Zentalis Pharmaceuticals, Inc.(a)(b) | 1,217 | 39,784 | ||||||
ZIOPHARM Oncology, Inc.(a) | 5,824 | 14,676 | ||||||
|
| |||||||
22,996,383 | ||||||||
Building Products — 0.6% | ||||||||
AAON, Inc.(b) | 2,481 | 149,480 | ||||||
Advanced Drainage Systems, Inc. | 5,047 | 315,135 | ||||||
AGC, Inc. | 800 | 23,512 | ||||||
Allegion PLC(b) | 8,247 | 815,711 | ||||||
American Woodmark Corp.(a) | 935 | 73,435 | ||||||
AO Smith Corp. | 1,025 | 54,120 | ||||||
Apogee Enterprises, Inc. | 1,699 | 36,308 | ||||||
Assa Abloy AB, Class B | 1,924 | 44,983 | ||||||
Builders FirstSource, Inc.(a)(b) | 14,363 | 468,521 | ||||||
Caesarstone Ltd. | 2,807 | 27,509 | ||||||
Carrier Global Corp. | 2,346 | 71,647 | ||||||
China Lesso Group Holdings Ltd. | 20,000 | 36,323 | ||||||
Cie de Saint-Gobain(a) | 1,305 | 54,663 | ||||||
Daikin Industries Ltd. | 800 | 147,819 | ||||||
Fortune Brands Home & Security, Inc. | 125 | 10,815 | ||||||
Geberit AG, Registered Shares | 77 | 45,555 | ||||||
Gibraltar Industries, Inc.(a)(b) | 1,867 | 121,616 | ||||||
Griffon Corp. | 4,429 | 86,543 | ||||||
Insteel Industries, Inc. | 851 | 15,914 | ||||||
JELD-WEN Holding, Inc.(a) | 4,379 | 98,965 | ||||||
Johnson Controls International PLC | 2,243 | 91,626 | ||||||
Kingspan Group PLC(a) | 141 | 12,832 | ||||||
Lennox International, Inc. | 861 | 234,717 | ||||||
Masco Corp. | 791 | 43,608 | ||||||
Masonite International Corp.(a) | 1,164 | 114,538 | ||||||
Patrick Industries, Inc. | 856 | 49,237 | ||||||
Quanex Building Products Corp. | 1,071 | 19,749 | ||||||
Resideo Technologies, Inc.(a) | 7,263 | 79,893 | ||||||
Trane Technologies PLC | 922 | 111,792 | ||||||
Trex Co., Inc.(a)(b) | 6,110 | 437,476 | ||||||
UFP Industries Inc. | 2,148 | 121,383 | ||||||
|
| |||||||
4,015,425 | ||||||||
Capital Markets — 2.4% | ||||||||
3i Group PLC | 2,984 | 38,318 | ||||||
Ameriprise Financial, Inc. | 2,495 | 384,504 | ||||||
Amundi SA(a)(c) | 160 | 11,277 | ||||||
Apollo Global Management Inc. | 640 | 28,640 | ||||||
Ares Management Corp., Class A | 4,637 | 187,427 | ||||||
Artisan Partners Asset Management, Inc., Class A | 7,108 | 277,141 | ||||||
Assetmark Financial Holdings, Inc.(a) | 6,781 | 147,419 | ||||||
ASX Ltd. | 222 | 12,979 | ||||||
B3 SA - Brasil Bolsa Balcao | 59,778 | 585,550 | ||||||
Bank of New York Mellon Corp. | 3,864 | 132,690 | ||||||
Blackstone Group, Inc., Class A | 2,870 | 149,814 | ||||||
Blucora, Inc.(a) | 1,206 | 11,360 | ||||||
Brightsphere Investment Group, Inc. | 3,926 | 50,645 | ||||||
Carlyle Group Inc. (The) | 1,032 | 25,459 | ||||||
Cboe Global Markets, Inc. | 4,929 | 432,470 | ||||||
Charles Schwab Corp. | 24,269 | 879,266 | ||||||
CITIC Securities Co. Ltd., Class H | 95,000 | 213,668 | ||||||
CME Group, Inc. | 4,389 | 734,324 | ||||||
Cohen & Steers, Inc. | 5,240 | 292,078 | ||||||
Cowen, Inc., Class A | 1,618 | 26,325 | ||||||
Credit Suisse Group AG, Registered Shares | 8,736 | 87,209 |
M A S T E R P O R T F O L I O S C H E D U L E O F I N V E S T M E N T S | 5 |
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Capital Markets (continued) | ||||||||
Daiwa Securities Group, Inc. | 2,000 | $ | 8,412 | |||||
Deutsche Bank AG, Registered Shares(a) | 4,438 | 37,410 | ||||||
Deutsche Boerse AG | 505 | 88,537 | ||||||
Donnelley Financial Solutions, Inc.(a) | 8,066 | 107,762 | ||||||
E*TRADE Financial Corp. | 2,088 | 104,504 | ||||||
East Money Information Co. Ltd., Class A | 125,000 | 445,374 | ||||||
FactSet Research Systems, Inc. | 1,420 | 475,530 | ||||||
Federated Hermes, Inc. | 5,826 | 125,317 | ||||||
Franklin Resources, Inc.(b) | 4,980 | 101,343 | ||||||
Goldman Sachs Group, Inc. | 1,433 | 287,990 | ||||||
Guotai Junan Securities Co. Ltd., Class A | 71,900 | 194,497 | ||||||
Haitong Securities Co. Ltd., Class H(a) | 361,600 | 309,232 | ||||||
Hamilton Lane, Inc., Class A | 9,379 | 605,790 | ||||||
Hargreaves Lansdown PLC | 965 | 19,411 | ||||||
Hithink RoyalFlush Information Network Co. Ltd., Class A | 15,307 | 363,493 | ||||||
Hong Kong Exchanges & Clearing Ltd. | 2,700 | 127,098 | ||||||
Houlihan Lokey, Inc. | 4,909 | 289,876 | ||||||
Huatai Securities Co. Ltd., Class A | 95,400 | 290,496 | ||||||
Intercontinental Exchange, Inc. | 2,211 | 221,211 | ||||||
Invesco Ltd. | 10,248 | 116,930 | ||||||
Investec Ltd. | 26,452 | 49,651 | ||||||
Japan Exchange Group, Inc. | 1,000 | 28,028 | ||||||
Julius Baer Group Ltd. | 937 | 39,797 | ||||||
KKR & Co., Inc. | 2,130 | 73,144 | ||||||
London Stock Exchange Group PLC | 855 | 98,083 | ||||||
Macquarie Group Ltd. | 720 | 62,413 | ||||||
MarketAxess Holdings, Inc. | 396 | 190,710 | ||||||
Moelis & Co., Class A(b) | 7,015 | 246,507 | ||||||
Moody’s Corp. | 4,707 | 1,364,324 | ||||||
Morgan Stanley | 7,712 | 372,875 | ||||||
MSCI, Inc. | 585 | 208,716 | ||||||
Nasdaq, Inc. | 568 | 69,699 | ||||||
Natixis SA(a) | 2,758 | 6,198 | ||||||
NH Investment & Securities Co. Ltd. | 4 | 31 | ||||||
Nomura Holdings, Inc. | 7,600 | 34,731 | ||||||
Northern Trust Corp. | 1,048 | 81,713 | ||||||
Partners Group Holding AG | 76 | 69,905 | ||||||
PJT Partners, Inc. | 810 | 49,094 | ||||||
Pzena Investment Management, Inc., Class A | 4,987 | 26,730 | ||||||
Raymond James Financial, Inc. | 618 | 44,966 | ||||||
S&P Global, Inc. | 4,333 | 1,562,480 | ||||||
Samsung Securities Co. Ltd. | 2,593 | 67,760 | ||||||
SBI Holdings, Inc. | 600 | 15,547 | ||||||
Schroders PLC | 412 | 14,309 | ||||||
SEI Investments Co. | 587 | 29,773 | ||||||
Silvercrest Asset Management Group, Inc., Class A | 2,743 | 28,692 | ||||||
St James’s Place PLC | 637 | 7,663 | ||||||
Standard Life Aberdeen PLC | 6,894 | 20,077 | ||||||
State Street Corp. | 4,281 | 253,992 | ||||||
Stifel Financial Corp. | 4,352 | 220,037 | ||||||
T. Rowe Price Group, Inc. | 2,729 | 349,912 | ||||||
TD Ameritrade Holding Corp. | 3,098 | 121,287 | ||||||
Tradeweb Markets Inc., Class A(b) | 503 | 29,174 | ||||||
UBS Group AG, Registered Shares | 11,735 | 131,114 | ||||||
Virtus Investment Partners, Inc. | 1,457 | 202,013 | ||||||
Westwood Holdings Group, Inc. | 2,376 | 26,469 | ||||||
WisdomTree Investments, Inc. | 21,218 | 67,898 | ||||||
|
| |||||||
15,294,288 | ||||||||
Chemicals — 1.9% | ||||||||
AdvanSix, Inc.(a) | 2,468 | 31,788 | ||||||
Air Liquide SA | 1,427 | 226,193 |
Security | Shares | Value | ||||||
Chemicals (continued) | ||||||||
Air Products & Chemicals, Inc. | 1,735 | $ | 516,787 | |||||
Akzo Nobel NV | 281 | 28,401 | ||||||
American Vanguard Corp. | 2,233 | 29,342 | ||||||
Asahi Kasei Corp. | 2,300 | 20,064 | ||||||
Asian Paints Ltd. | 75,709 | 2,039,941 | ||||||
Avient Corp. | 13,028 | 344,721 | ||||||
Axalta Coating Systems Ltd.(a) | 1,415 | 31,370 | ||||||
Balchem Corp. | 3,725 | 363,672 | ||||||
BASF SE | 2,905 | 176,903 | ||||||
CF Industries Holdings, Inc. | 1,035 | 31,785 | ||||||
Chase Corp. | 509 | 48,559 | ||||||
Chr Hansen Holding A/S | 409 | 45,401 | ||||||
Corteva, Inc. | 3,622 | 104,350 | ||||||
Covestro AG(c) | 197 | 9,769 | ||||||
Dow, Inc. | 3,294 | 154,983 | ||||||
DuPont de Nemours, Inc. | 1,712 | 94,982 | ||||||
Ecolab, Inc. | 6,117 | 1,222,421 | ||||||
EMS-Chemie Holding AG, Registered Shares | 27 | 24,259 | ||||||
FMC Corp. | 3,345 | 354,269 | ||||||
Givaudan SA, Registered Shares | 45 | 194,301 | ||||||
Han Kuk Carbon Co. Ltd. | 12,726 | 103,673 | ||||||
Hawkins, Inc. | 350 | 16,135 | ||||||
HB Fuller Co. | 8,061 | 369,033 | ||||||
Indorama Ventures PCL, NVDR | 78,300 | 52,443 | ||||||
Ingevity Corp.(a) | 4,170 | 206,165 | ||||||
Innospec, Inc. | 1,994 | 126,260 | ||||||
Johnson Matthey PLC | 505 | 15,346 | ||||||
Kolon Industries, Inc. | 6,808 | 219,194 | ||||||
Koninklijke DSM NV | 279 | 45,932 | ||||||
Kronos Worldwide, Inc. | 2,791 | 35,892 | ||||||
Kuraray Co. Ltd. | 900 | 8,732 | ||||||
LG Chem Ltd. | 1,632 | 910,933 | ||||||
Linde PLC | 2,027 | 482,689 | ||||||
Livent Corp.(a)(b) | 20,196 | 181,158 | ||||||
LyondellBasell Industries NV, Class A | 1,228 | 86,562 | ||||||
Mitsubishi Chemical Holdings Corp. | 1,900 | 10,967 | ||||||
Mosaic Co. | 3,359 | 61,369 | ||||||
Nippon Paint Holdings Co. Ltd. | 600 | 61,768 | ||||||
Nitto Denko Corp. | 600 | 39,089 | ||||||
Novozymes A/S, B Shares | 912 | 57,321 | ||||||
Orion Engineered Carbons SA | 6,706 | 83,892 | ||||||
PhosAgro PJSC, GDR | 10,255 | 123,272 | ||||||
PPG Industries, Inc. | 7,045 | 860,054 | ||||||
PQ Group Holdings, Inc.(a) | 10,106 | 103,688 | ||||||
Saudi Basic Industries Corp. | 18,058 | 426,481 | ||||||
Sherwin-Williams Co. | 635 | 442,430 | ||||||
Shin-Etsu Chemical Co. Ltd. | 1,000 | 130,854 | ||||||
Sika AG, Registered Shares | 449 | 110,253 | ||||||
Solvay SA | 485 | 41,726 | ||||||
SRF Ltd. | 2,336 | 131,160 | ||||||
Stepan Co. | 1,794 | 195,546 | ||||||
Sumitomo Chemical Co. Ltd. | 13,600 | 45,016 | ||||||
Symrise AG | 194 | 26,796 | ||||||
Taiyo Nippon Sanso Corp. | 400 | 6,150 | ||||||
Toray Industries, Inc. | 3,500 | 16,012 | ||||||
Trinseo SA | 6,285 | 161,147 | ||||||
Umicore SA | 745 | 30,988 | ||||||
Weihai Guangwei Composites Co. Ltd., Class A | 26,054 | 274,875 | ||||||
|
| |||||||
12,395,262 | ||||||||
Commercial Services & Supplies — 0.7% | ||||||||
ABM Industries, Inc. | 2,397 | 87,874 | ||||||
ACCO Brands Corp. | 27,056 | 156,925 |
6 |
|
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Commercial Services & Supplies (continued) | ||||||||
Advanced Disposal Services, Inc.(a) | 5,245 | $ | 158,556 | |||||
Brambles Ltd. | 7,304 | 55,460 | ||||||
BrightView Holdings, Inc.(a)(b) | 5,574 | 63,544 | ||||||
Brink’s Co. | 2,847 | 116,983 | ||||||
Cimpress PLC(a) | 2,329 | 175,048 | ||||||
Cintas Corp. | 1,082 | 360,122 | ||||||
Copart, Inc.(a) | 1,823 | 191,707 | ||||||
Country Garden Services Holdings Co. Ltd. | 38,000 | 246,790 | ||||||
Deluxe Corp. | 1,188 | 30,567 | ||||||
Ennis, Inc. | 6,529 | 113,866 | ||||||
Harsco Corp.(a)(b) | 5,367 | 74,655 | ||||||
Healthcare Services Group, Inc. | 3,638 | 78,326 | ||||||
Herman Miller, Inc. | 12,498 | 376,940 | ||||||
KAR Auction Services, Inc. | 4,955 | 71,352 | ||||||
Kimball International, Inc., Class B | 3,498 | 36,869 | ||||||
Knoll, Inc. | 3,692 | 44,525 | ||||||
Matthews International Corp., Class A | 7,150 | 159,874 | ||||||
McGrath RentCorp | 7,105 | 423,387 | ||||||
Montrose Environmental Group Inc.(a) | 658 | 15,674 | ||||||
MSA Safety, Inc. | 2,849 | 382,250 | ||||||
Rentokil Initial PLC(a) | 4,847 | 33,502 | ||||||
Republic Services, Inc. | 1,460 | 136,291 | ||||||
Rollins, Inc.(b) | 1,236 | 66,979 | ||||||
Securitas AB, B Shares(a) | 1,370 | 20,943 | ||||||
SP Plus Corp.(a) | 972 | 17,447 | ||||||
Steelcase, Inc., Class A | 25,043 | 253,185 | ||||||
Terminix Global Holdings, Inc. | 1,146 | 45,702 | ||||||
Tetra Tech, Inc. | 2,948 | 281,534 | ||||||
UniFirst Corp. | 544 | 103,017 | ||||||
Viad Corp. | 2,003 | 41,722 | ||||||
Waste Connections, Inc. | 1,630 | 169,194 | ||||||
Waste Management, Inc. | 2,421 | 273,985 | ||||||
|
| |||||||
4,864,795 | ||||||||
Communications Equipment — 0.6% | ||||||||
Acacia Communications, Inc.(a) | 3,025 | 203,885 | ||||||
Applied Optoelectronics, Inc.(a)(b) | 5,073 | 57,071 | ||||||
Calix, Inc.(a) | 6,914 | 122,931 | ||||||
Casa Systems, Inc.(a) | 11,032 | 44,459 | ||||||
Ciena Corp.(a) | 6,121 | 242,942 | ||||||
Cisco Systems, Inc. | 60,027 | 2,364,464 | ||||||
Comtech Telecommunications Corp. | 1,493 | 20,902 | ||||||
Extreme Networks, Inc.(a) | 18,988 | 76,332 | ||||||
Fujian Star-Net Communication Co. Ltd., Class A | 10,900 | 41,037 | ||||||
InterDigital, Inc. | 1,699 | 96,945 | ||||||
Lumentum Holdings, Inc.(a) | 1,586 | 119,156 | ||||||
Motorola Solutions, Inc. | 174 | 27,285 | ||||||
NETGEAR, Inc.(a) | 1,782 | 54,921 | ||||||
NetScout Systems, Inc.(a) | 2,967 | 64,770 | ||||||
Nokia OYJ(a) | 13,959 | 54,633 | ||||||
PCL Technologies, Inc. | 14,000 | 50,780 | ||||||
PC-Tel Inc. | 5,675 | 32,120 | ||||||
Plantronics, Inc.(b) | 3,714 | 43,974 | ||||||
Ribbon Communications, Inc.(a) | 3,824 | 14,799 | ||||||
Sercomm Corp. | 44,000 | 110,535 | ||||||
Telefonaktiebolaget LM Ericsson | 5,544 | 60,669 | ||||||
Tessco Technologies, Inc. | 17,305 | 92,928 | ||||||
Wistron NeWeb Corp. | 23,000 | 61,102 | ||||||
|
| |||||||
4,058,640 | ||||||||
Construction & Engineering — 0.5% | ||||||||
ACS Actividades de Construccion y Servicios SA | 1,072 | 24,232 | ||||||
Aegion Corp.(a) | 1,645 | 23,244 |
Security | Shares | Value | ||||||
Construction & Engineering (continued) | ||||||||
API Group Corp.(a)(b)(c) | 8,867 | $ | 126,178 | |||||
Bouygues SA | 80 | 2,765 | ||||||
China Communications Services Corp. Ltd., Class H | 520,000 | 306,985 | ||||||
China Railway Construction Corp. Ltd., Class H | 172,000 | 118,973 | ||||||
China Railway Group Ltd., Class H | 365,000 | 172,432 | ||||||
Comfort Systems USA, Inc. | 4,153 | 213,921 | ||||||
Dycom Industries, Inc.(a) | 2,338 | 123,493 | ||||||
EMCOR Group, Inc.(b) | 8,350 | 565,379 | ||||||
Ferrovial SA | 3,061 | 74,353 | ||||||
Granite Construction, Inc. | 2,169 | 38,196 | ||||||
HOCHTIEF AG | 259 | 20,106 | ||||||
MasTec, Inc.(a)(b) | 11,142 | 470,192 | ||||||
MYR Group, Inc.(a)(b) | 4,710 | 175,118 | ||||||
NV5 Global, Inc.(a) | 435 | 22,955 | ||||||
Sinopec Engineering Group Co. Ltd., Class H | 108,000 | 39,922 | ||||||
Tutor Perini Corp.(a) | 5,940 | 66,112 | ||||||
Vinci SA | 1,024 | 85,562 | ||||||
WillScot Mobile Mini Holdings Corp.(a) | 18,206 | 303,676 | ||||||
|
| |||||||
2,973,794 | ||||||||
Construction Materials — 0.2% | ||||||||
ACC Ltd. | 2,581 | 48,862 | ||||||
Anhui Conch Cement Co. Ltd., Class A | 65,400 | 535,819 | ||||||
CRH PLC | 1,970 | 71,435 | ||||||
HeidelbergCement AG | 69 | 4,216 | ||||||
James Hardie Industries PLC | 1,696 | 40,656 | ||||||
LafargeHolcim Ltd., Registered Shares(a) | 1,968 | 89,582 | ||||||
Summit Materials, Inc., Class A(a) | 20,189 | 333,926 | ||||||
US Concrete, Inc.(a) | 1,071 | 31,102 | ||||||
|
| |||||||
1,155,598 | ||||||||
Consumer Finance — 0.3% | ||||||||
American Express Co. | 7,028 | 704,557 | ||||||
Capital One Financial Corp. | 2,125 | 152,703 | ||||||
Discover Financial Services | 1,364 | 78,812 | ||||||
Encore Capital Group, Inc.(a) | 1,387 | 53,524 | ||||||
Enova International, Inc.(a)(b) | 4,000 | 65,560 | ||||||
FirstCash, Inc.(b) | 7,079 | 404,990 | ||||||
Green Dot Corp., Class A(a) | 3,489 | 176,578 | ||||||
Isracard Ltd. | 1 | 2 | ||||||
LendingClub Corp.(a)(b) | 7,048 | 33,196 | ||||||
Navient Corp. | 3,276 | 27,682 | ||||||
PRA Group, Inc.(a) | 4,487 | 179,256 | ||||||
Regional Management Corp.(a) | 6,683 | 111,339 | ||||||
Synchrony Financial | 2,642 | 69,141 | ||||||
|
| |||||||
2,057,340 | ||||||||
Containers & Packaging — 0.1% | ||||||||
AptarGroup, Inc. | 167 | 18,904 | ||||||
Ball Corp. | 636 | 52,864 | ||||||
Greif, Inc., Class A | 2,247 | 81,364 | ||||||
Greif, Inc., Class B | 1,152 | 45,481 | ||||||
International Paper Co. | 2,862 | 116,026 | ||||||
Smurfit Kappa Group PLC | 508 | 19,933 | ||||||
UFP Technologies, Inc.(a) | 1,097 | 45,438 | ||||||
|
| |||||||
380,010 | ||||||||
Distributors — 0.1% | ||||||||
Genuine Parts Co. | 7,755 | 738,043 | ||||||
LKQ Corp.(a) | 2,872 | 79,641 | ||||||
|
| |||||||
817,684 | ||||||||
Diversified Consumer Services — 0.4% | ||||||||
Bright Horizons Family Solutions, Inc.(a)(b) | 2,125 | 323,085 | ||||||
Chegg, Inc.(a)(b) | 563 | 40,221 |
M A S T E R P O R T F O L I O S C H E D U L E O F I N V E S T M E N T S | 7 |
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Diversified Consumer Services (continued) | ||||||||
Fu Shou Yuan International Group Ltd. | 47,000 | $ | 45,908 | |||||
H&R Block, Inc. | 2,785 | 45,368 | ||||||
K12, Inc.(a) | 1,378 | 36,297 | ||||||
Laureate Education, Inc., Class A(a)(b) | 8,748 | 116,173 | ||||||
New Oriental Education & Technology Group, Inc., ADR(a) | 579 | 86,561 | ||||||
Perdoceo Education Corp.(a) | 6,180 | 75,643 | ||||||
Ser Educacional SA(c) | 14,404 | 36,318 | ||||||
Strategic Education, Inc. | 3,171 | 290,051 | ||||||
TAL Education Group, ADR(a)(b) | 14,239 | 1,082,734 | ||||||
Vivint Smart Home Inc.(a)(b) | 3,415 | 58,328 | ||||||
WW International, Inc.(a) | 7,758 | 146,393 | ||||||
Yduqs Participacoes SA | 6,424 | 31,354 | ||||||
|
| |||||||
2,414,434 | ||||||||
Diversified Financial Services — 0.6% | ||||||||
Alerus Financial Corp. | 2,021 | 39,612 | ||||||
Ally Financial, Inc. | 17,682 | 443,288 | ||||||
Berkshire Hathaway, Inc., Class B(a) | 11,396 | 2,426,664 | ||||||
Cannae Holdings, Inc.(a) | 3,263 | 121,579 | ||||||
Equitable Holdings, Inc. | 1,495 | 27,269 | ||||||
EXOR NV | 403 | 21,876 | ||||||
FirstRand Ltd. | 171,382 | 420,550 | ||||||
Groupe Bruxelles Lambert SA | 313 | 28,217 | ||||||
Investor AB, B Shares | 500 | 32,660 | ||||||
M&G PLC | 8,382 | 17,229 | ||||||
Marlin Business Services Corp. | 3,780 | 26,649 | ||||||
Mitsubishi UFJ Lease & Finance Co. Ltd. | 1,900 | 8,828 | ||||||
ORIX Corp. | 5,300 | 66,198 | ||||||
Voya Financial, Inc. | 400 | 19,172 | ||||||
|
| |||||||
3,699,791 | ||||||||
Diversified Telecommunication Services — 1.2% | ||||||||
AT&T, Inc. | 47,340 | 1,349,663 | ||||||
ATN International, Inc. | 654 | 32,792 | ||||||
Bandwidth, Inc., Class A(a) | 1,648 | 287,691 | ||||||
BT Group PLC | 32,999 | 41,797 | ||||||
Cellnex Telecom SA(c) | 528 | 32,051 | ||||||
CenturyLink, Inc.(b) | 30,568 | 308,431 | ||||||
China Telecom Corp. Ltd., Class H | 2,096,000 | 629,738 | ||||||
China Unicom Hong Kong Ltd. | 802,000 | 526,427 | ||||||
Cogent Communications Holdings, Inc. | 4,657 | 279,653 | ||||||
Consolidated Communications Holdings, Inc.(a) | 3,201 | 18,214 | ||||||
Deutsche Telekom AG, Class N, Registered Shares | 7,912 | 131,735 | ||||||
Elisa OYJ | 204 | 11,993 | ||||||
Emirates Telecommunications Group Co. PJSC | 62,416 | 283,672 | ||||||
IDT Corp., Class B(a) | 9,970 | 65,603 | ||||||
Iridium Communications, Inc.(a) | 2,829 | 72,366 | ||||||
Koninklijke KPN NV | 2,579 | 6,051 | ||||||
KT Corp., ADR | 6,743 | 64,800 | ||||||
LG Uplus Corp. | 6,218 | 61,090 | ||||||
Liberty Global PLC(a) | 1,316 | 27,024 | ||||||
Liberty Global PLC, Class A(a) | 229 | 4,811 | ||||||
Liberty Latin America Ltd., Class C(a) | 29,728 | 241,986 | ||||||
Nippon Telegraph & Telephone Corp. | 2,900 | 59,208 | ||||||
Ooma, Inc.(a) | 8,965 | 116,993 | ||||||
Orange SA | 5,234 | 54,515 | ||||||
Singapore Telecommunications Ltd. | 9,000 | 14,086 | ||||||
Swisscom AG, Registered Shares | 102 | 54,035 | ||||||
Telefonica Brasil SA, ADR, Preference Shares | 6,009 | 46,089 | ||||||
Telefonica SA | 15,542 | 53,240 | ||||||
Telekom Malaysia Bhd | 222,000 | 221,145 | ||||||
Telekomunikasi Indonesia Persero Tbk PT | 1,712,900 | 295,756 |
Security | Shares | Value | ||||||
Diversified Telecommunication Services (continued) | ||||||||
Telkom SA SOC Ltd.(b) | 36,963 | $ | 57,818 | |||||
Verizon Communications, Inc. | 31,456 | 1,871,318 | ||||||
Vonage Holdings Corp.(a)(b) | 15,128 | 154,759 | ||||||
|
| |||||||
7,476,550 | ||||||||
Electric Utilities — 0.8% | ||||||||
Alliant Energy Corp. | 8,892 | 459,272 | ||||||
Cia Energetica de Minas Gerais, ADR(b) | 63,287 | 117,081 | ||||||
Edison International | 1,398 | 71,074 | ||||||
Electricite de France SA | 3,076 | 32,493 | ||||||
Elia Group SA/NV | 121 | 12,096 | ||||||
Evergy, Inc. | 969 | 49,245 | ||||||
Eversource Energy | 2,291 | 191,413 | ||||||
Exelon Corp. | 3,934 | 140,680 | ||||||
Fortum OYJ | 2,803 | 56,671 | ||||||
Iberdrola SA | 17,983 | 221,345 | ||||||
IDACORP, Inc. | 10,707 | 855,489 | ||||||
Korea Electric Power Corp.(a) | 5,843 | 101,809 | ||||||
NextEra Energy, Inc. | 5,396 | 1,497,714 | ||||||
Orsted A/S(c) | 722 | 99,535 | ||||||
PG&E Corp.(a)(b) | 3,682 | 34,574 | ||||||
Pinnacle West Capital Corp. | 2,745 | 204,640 | ||||||
PNM Resources, Inc.(b) | 3,929 | 162,386 | ||||||
Portland General Electric Co. | 5,805 | 206,077 | ||||||
Red Electrica Corp. SA | 138 | 2,588 | ||||||
Southern Co. | 293 | 15,886 | ||||||
SSE PLC | 3,920 | 61,012 | ||||||
Tenaga Nasional BHD | 214,900 | 543,790 | ||||||
Terna Rete Elettrica Nazionale SpA | 6,815 | 47,683 | ||||||
Verbund AG | 312 | 17,039 | ||||||
Xcel Energy, Inc. | 2,276 | 157,067 | ||||||
|
| |||||||
5,358,659 | ||||||||
Electrical Equipment — 0.6% | ||||||||
ABB Ltd., Registered Shares | 5,788 | 147,153 | ||||||
Allied Motion Technologies, Inc. | 463 | 19,113 | ||||||
Atkore International Group, Inc.(a) | 8,820 | 200,479 | ||||||
AZZ, Inc. | 1,403 | 47,870 | ||||||
Bizlink Holding Inc. | 16,000 | 125,691 | ||||||
Bloom Energy Corp., Class A(a) | 2,043 | 36,713 | ||||||
Eaton Corp. PLC | 661 | 67,442 | ||||||
Emerson Electric Co. | 604 | 39,604 | ||||||
Generac Holdings, Inc.(a)(b) | 3,670 | 710,659 | ||||||
Hubbell, Inc.(b) | 2,742 | 375,215 | ||||||
Legrand SA | 815 | 64,914 | ||||||
LSI Industries, Inc. | 5,316 | 35,883 | ||||||
Mitsubishi Electric Corp. | 5,700 | 77,344 | ||||||
Nidec Corp. | 1,200 | 112,533 | ||||||
Plug Power, Inc.(a)(b) | 24,964 | 334,767 | ||||||
Prysmian SpA | 815 | 23,658 | ||||||
Rockwell Automation, Inc.(b) | 751 | 165,731 | ||||||
Schneider Electric SE | 1,413 | 175,634 | ||||||
Siemens Gamesa Renewable Energy SA | 559 | 15,128 | ||||||
Sunrun, Inc.(a)(b) | 8,968 | 691,164 | ||||||
Vestas Wind Systems A/S | 645 | 104,236 | ||||||
Vicor Corp.(a) | 1,242 | 96,541 | ||||||
Vivint Solar, Inc.(a) | 3,670 | 155,424 | ||||||
WEG SA | 32,958 | 385,573 | ||||||
|
| |||||||
4,208,469 | ||||||||
Electronic Equipment, Instruments & Components — 1.0% | ||||||||
Accelink Technologies Co. Ltd. | 9,700 | 50,277 | ||||||
Amphenol Corp., Class A | 965 | 104,481 | ||||||
Arlo Technologies, Inc.(a) | 3,776 | 19,862 |
8 |
|
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Electronic Equipment, Instruments & Components (continued) | ||||||||
AU Optronics Corp.(a) | 470,000 | $ | 183,053 | |||||
Badger Meter, Inc. | 854 | 55,826 | ||||||
Bel Fuse, Inc., Class B | 1,652 | 17,643 | ||||||
Belden, Inc.(b) | 1,873 | 58,288 | ||||||
Benchmark Electronics, Inc. | 1,308 | 26,356 | ||||||
CDW Corp. | 160 | 19,125 | ||||||
Chaozhou Three-Circle Group Co. Ltd., Class A | 36,600 | 156,521 | ||||||
Cognex Corp. | 464 | 30,206 | ||||||
Corning, Inc. | 5,632 | 182,533 | ||||||
Daktronics, Inc. | 2,955 | 11,702 | ||||||
Delta Electronics, Inc. | 26,000 | 170,727 | ||||||
ePlus, Inc.(a) | 4,758 | 348,286 | ||||||
Fabrinet(a) | 804 | 50,676 | ||||||
FARO Technologies, Inc.(a) | 2,286 | 139,400 | ||||||
Fitbit, Inc., Class A(a) | 22,755 | 158,375 | ||||||
FLIR Systems, Inc. | 412 | 14,770 | ||||||
GoerTek, Inc., Class A | 22,700 | 136,266 | ||||||
Halma PLC | 943 | 28,490 | ||||||
Hamamatsu Photonics KK | 900 | 45,483 | ||||||
Hexagon AB, B Shares(a) | 253 | 19,110 | ||||||
Hirose Electric Co. Ltd. | 300 | 38,762 | ||||||
Hitachi Ltd. | 2,300 | 77,877 | ||||||
Hon Hai Precision Industry Co. Ltd. | 135,000 | 362,949 | ||||||
II-VI, Inc.(a)(b) | 6,539 | 265,222 | ||||||
Ingenico Group SA(a) | 127 | 19,676 | ||||||
Insight Enterprises, Inc.(a) | 1,430 | 80,909 | ||||||
IPG Photonics Corp.(a)(b) | 313 | 53,201 | ||||||
Iteris, Inc.(a) | 4,872 | 19,975 | ||||||
Itron, Inc.(a)(b) | 1,143 | 69,426 | ||||||
Keyence Corp. | 400 | 186,992 | ||||||
Keysight Technologies, Inc.(a) | 485 | 47,908 | ||||||
Knowles Corp.(a) | 10,904 | 162,470 | ||||||
Kyocera Corp. | 1,000 | 57,256 | ||||||
Largan Precision Co. Ltd. | 2,000 | 234,219 | ||||||
Lotes Co. Ltd. | 16,000 | 254,678 | ||||||
Merry Electronics Co. Ltd. | 39,000 | 200,489 | ||||||
Murata Manufacturing Co. Ltd. | 2,800 | 182,076 | ||||||
National Instruments Corp. | 1,725 | 61,582 | ||||||
nLight, Inc.(a) | 1,391 | 32,661 | ||||||
Novanta, Inc.(a) | 1,448 | 152,532 | ||||||
Omron Corp. | 1,200 | 93,823 | ||||||
OSI Systems, Inc.(a) | 6,434 | 499,343 | ||||||
PAR Technology Corp.(a)(b) | 2,074 | 84,018 | ||||||
PC Connection, Inc. | 4,091 | 167,976 | ||||||
Rogers Corp.(a) | 1,446 | 141,795 | ||||||
Samsung SDI Co. Ltd. | 361 | 133,360 | ||||||
ScanSource, Inc.(a) | 10,899 | 216,127 | ||||||
TDK Corp. | 700 | 76,435 | ||||||
TE Connectivity Ltd. | 546 | 53,366 | ||||||
TPK Holding Co. Ltd.(a) | 48,000 | 81,736 | ||||||
Trimble, Inc.(a) | 352 | 17,142 | ||||||
Tripod Technology Corp. | 18,000 | 68,994 | ||||||
Westone Information Industry, Inc., Class A | 18,600 | 50,966 | ||||||
Yokogawa Electric Corp. | 500 | 7,941 | ||||||
Zebra Technologies Corp., Class A(a) | 94 | 23,731 | ||||||
|
| |||||||
6,305,069 | ||||||||
Energy Equipment & Services — 0.3% | ||||||||
Archrock, Inc. | 31,137 | 167,517 | ||||||
Aspen Aerogels, Inc.(a) | 1,637 | 17,925 | ||||||
Baker Hughes Co.(b) | 13,998 | 186,033 | ||||||
Cactus, Inc., Class A | 3,481 | 66,800 |
Security | Shares | Value | ||||||
Energy Equipment & Services (continued) | ||||||||
ChampionX Corp.(a) | 13,498 | $ | 107,849 | |||||
China Oilfield Services Ltd., Class H | 182,000 | 127,381 | ||||||
Dril-Quip, Inc.(a) | 1,837 | 45,484 | ||||||
Exterran Corp.(a) | 5,742 | 23,887 | ||||||
Frank’s International NV(a) | 25,375 | 39,077 | ||||||
Halliburton Co. | 7,531 | 90,748 | ||||||
Helix Energy Solutions Group, Inc.(a) | 14,622 | 35,239 | ||||||
Matrix Service Co.(a) | 2,235 | 18,662 | ||||||
National Oilwell Varco, Inc. | 4,946 | 44,811 | ||||||
Natural Gas Services Group, Inc.(a)(b) | 5,353 | 45,233 | ||||||
Newpark Resources, Inc.(a) | 23,535 | 24,712 | ||||||
NexTier Oilfield Solutions Inc.(a) | 16,754 | 30,995 | ||||||
Oceaneering International, Inc.(a) | 20,527 | 72,255 | ||||||
Oil States International, Inc.(a) | 10,320 | 28,174 | ||||||
ProPetro Holding Corp.(a) | 8,896 | 36,118 | ||||||
RPC, Inc.(a) | 8,660 | 22,862 | ||||||
Schlumberger NV | 20,303 | 315,915 | ||||||
Seadrill Ltd.(a)(b) | 4,489 | 934 | ||||||
Select Energy Services, Inc., Class A(a) | 4,963 | 19,058 | ||||||
Smart Sand, Inc.(a)(b) | 12,247 | 16,044 | ||||||
Solaris Oilfield Infrastructure, Inc., Class A | 9,295 | 58,930 | ||||||
TechnipFMC PLC | 34,244 | 216,080 | ||||||
Tenaris SA | 4,925 | 24,537 | ||||||
U.S. Silica Holdings, Inc. | 9,168 | 27,504 | ||||||
|
| |||||||
1,910,764 | ||||||||
Entertainment — 1.2% | ||||||||
Activision Blizzard, Inc. | 11,178 | 904,859 | ||||||
Cinemark Holdings, Inc.(b) | 8,842 | 88,420 | ||||||
Electronic Arts, Inc.(a) | 1,527 | 199,136 | ||||||
Eros STX Global Corp.(a)(b) | 5,775 | 12,763 | ||||||
Gaia, Inc.(a) | 2,224 | 21,862 | ||||||
Glu Mobile, Inc.(a) | 8,918 | 68,446 | ||||||
IMAX Corp.(a) | 4,207 | 50,316 | ||||||
Liberty Media Corp.-Liberty Braves, Class A(a)(b) | 3,515 | 73,393 | ||||||
Lions Gate Entertainment Corp.(a) | 1,663 | 15,765 | ||||||
Marcus Corp. | 164 | 1,268 | ||||||
NCSoft Corp. | 513 | 353,525 | ||||||
NetEase, Inc., ADR | 3,636 | 1,653,180 | ||||||
Netflix, Inc.(a) | 3,273 | 1,636,598 | ||||||
Nexon Co. Ltd. | 700 | 17,461 | ||||||
Nintendo Co. Ltd. | 200 | 113,338 | ||||||
Perfect World Co. Ltd., Class A | 44,861 | 221,041 | ||||||
Reading International, Inc., Class A(a)(b) | 10,972 | 35,330 | ||||||
Roku, Inc.(a) | 868 | 163,879 | ||||||
Take-Two Interactive Software, Inc.(a)(b) | 323 | 53,366 | ||||||
Ubisoft Entertainment SA(a) | 150 | 13,519 | ||||||
Vivendi SA | 1,969 | 54,992 | ||||||
Walt Disney Co. | 13,102 | 1,625,696 | ||||||
Warner Music Group Corp., Class A | 1,380 | 39,661 | ||||||
Wuhu Sanqi Interactive Entertainment Network Technology Group Co. Ltd., Class A | 35,339 | 207,783 | ||||||
|
| |||||||
7,625,597 | ||||||||
Equity Real Estate Investment Trusts (REITs) — 2.2% | ||||||||
Acadia Realty Trust | 12,047 | 126,493 | ||||||
Agree Realty Corp. | 1,863 | 118,561 | ||||||
Alexander & Baldwin, Inc. | 4,602 | 51,588 | ||||||
Alexandria Real Estate Equities, Inc. | 1,654 | 264,640 | ||||||
American Finance Trust, Inc. | 8,868 | 55,602 | ||||||
American Tower Corp. | 4,605 | 1,113,167 | ||||||
Armada Hoffler Properties, Inc. | 23,383 | 216,527 | ||||||
AvalonBay Communities, Inc. | 2,710 | 404,711 |
M A S T E R P O R T F O L I O S C H E D U L E O F I N V E S T M E N T S | 9 |
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Equity Real Estate Investment Trusts (REITs) (continued) | ||||||||
Boston Properties, Inc. | 495 | $ | 39,748 | |||||
British Land Co. PLC | 770 | 3,357 | ||||||
Camden Property Trust | 1,848 | 164,435 | ||||||
CareTrust REIT, Inc. | 6,707 | 119,351 | ||||||
Cedar Realty Trust, Inc. | 33,735 | 27,325 | ||||||
Chatham Lodging Trust | 6,400 | 48,768 | ||||||
City Office REIT, Inc. | 20,617 | 155,040 | ||||||
Clipper Realty, Inc. | 3,306 | 20,001 | ||||||
Colony Capital, Inc. | 56,394 | 153,956 | ||||||
Community Healthcare Trust, Inc. | 1,822 | 85,197 | ||||||
CorEnergy Infrastructure Trust, Inc.(b) | 2,631 | 15,365 | ||||||
CorePoint Lodging, Inc.(b) | 24,091 | 131,296 | ||||||
Covivio | 169 | 11,867 | ||||||
Crown Castle International Corp. | 1,180 | 196,470 | ||||||
Daiwa House REIT Investment Corp. | 4 | 10,207 | ||||||
DiamondRock Hospitality Co. | 18,482 | 93,704 | ||||||
Digital Realty Trust, Inc. | 684 | 100,384 | ||||||
Douglas Emmett, Inc. | 4,569 | 114,682 | ||||||
Duke Realty Corp. | 670 | 24,723 | ||||||
EastGroup Properties, Inc. | 2,010 | 259,953 | ||||||
Equinix, Inc. | 533 | 405,149 | ||||||
Equity LifeStyle Properties, Inc. | 388 | 23,784 | ||||||
Equity Residential | 15,959 | 819,175 | ||||||
Essential Properties Realty Trust, Inc. | 9,746 | 178,547 | ||||||
Essex Property Trust, Inc. | 226 | 45,379 | ||||||
Extra Space Storage, Inc. | 294 | 31,455 | ||||||
Federal Realty Investment Trust | 1,860 | 136,598 | ||||||
First Industrial Realty Trust, Inc. | 21,057 | 838,069 | ||||||
Four Corners Property Trust, Inc. | 14,819 | 379,218 | ||||||
Franklin Street Properties Corp. | 2,332 | 8,535 | ||||||
Gecina SA | 116 | 15,292 | ||||||
Geo Group, Inc. | 4,797 | 54,398 | ||||||
Global Net Lease, Inc. | 7,772 | 123,575 | ||||||
GLP J-Reit | 4 | 6,156 | ||||||
Goodman Group | 2,064 | 26,723 | ||||||
GPT Group | 4,136 | 11,635 | ||||||
Healthpeak Properties, Inc. | 1,550 | 42,082 | ||||||
Host Hotels & Resorts, Inc. | 1,847 | 19,929 | ||||||
ICADE | 103 | 5,771 | ||||||
Industrial Logistics Properties Trust | 1,201 | 26,266 | ||||||
Invitation Homes, Inc. | 1,188 | 33,252 | ||||||
Iron Mountain, Inc.(b) | 423 | 11,332 | ||||||
iStar, Inc. | 4,280 | 50,547 | ||||||
Japan Real Estate Investment Corp. | 3 | 15,338 | ||||||
Japan Retail Fund Investment Corp. | 6 | 9,282 | ||||||
Klepierre SA | 715 | 10,009 | ||||||
Land Securities Group PLC | 2,404 | 16,185 | ||||||
Link REIT | 5,600 | 45,889 | ||||||
Macerich Co.(b) | 14,706 | 99,854 | ||||||
Medical Properties Trust, Inc. | 798 | 14,069 | ||||||
Mid-America Apartment Communities, Inc. | 303 | 35,133 | ||||||
Mirvac Group | 1,838 | 2,881 | ||||||
Monmouth Real Estate Investment Corp. | 4,039 | 55,940 | ||||||
National Health Investors, Inc. | 1,603 | 96,613 | ||||||
National Retail Properties, Inc. | 446 | 15,391 | ||||||
National Storage Affiliates Trust | 3,229 | 105,621 | ||||||
NexPoint Residential Trust, Inc. | 4,692 | 208,090 | ||||||
Nippon Building Fund, Inc. | 4 | 22,640 | ||||||
Nippon Prologis REIT, Inc. | 4 | 13,489 | ||||||
Nomura Real Estate Master Fund, Inc. | 6 | 7,517 | ||||||
Omega Healthcare Investors, Inc. | 642 | 19,221 | ||||||
Orix JREIT, Inc. | 8 | 12,309 |
Security | Shares | Value | ||||||
Equity Real Estate Investment Trusts (REITs) (continued) | ||||||||
Pebblebrook Hotel Trust | 10,473 | $ | 131,227 | |||||
Pennsylvania Real Estate Investment Trust(b) | 18,057 | 10,002 | ||||||
Physicians Realty Trust | 8,057 | 144,301 | ||||||
Plymouth Industrial REIT, Inc. | 6,499 | 80,198 | ||||||
Prologis, Inc. | 19,275 | 1,939,450 | ||||||
PS Business Parks, Inc., Class A | 517 | 63,276 | ||||||
Public Storage | 491 | 109,355 | ||||||
QTS Realty Trust, Inc., Class A | 12,870 | 811,067 | ||||||
Realty Income Corp. | 986 | 59,899 | ||||||
Regency Centers Corp. | 439 | 16,691 | ||||||
Retail Opportunity Investments Corp. | 4,973 | 51,794 | ||||||
Retail Properties of America, Inc., Class A | 23,213 | 134,868 | ||||||
Retail Value, Inc. | 9,703 | 121,967 | ||||||
Rexford Industrial Realty, Inc. | 2,913 | 133,299 | ||||||
RPT Realty | 7,374 | 40,115 | ||||||
Ryman Hospitality Properties, Inc. | 2,923 | 107,566 | ||||||
Sabra Health Care REIT, Inc. | 11,980 | 165,144 | ||||||
SBA Communications Corp. | 291 | 92,678 | ||||||
Scentre Group | 12,878 | 20,504 | ||||||
Segro PLC | 1,779 | 21,379 | ||||||
Simon Property Group, Inc.(b) | 1,616 | 104,523 | ||||||
SITE Centers Corp. | 13,164 | 94,781 | ||||||
STAG Industrial, Inc. | 7,055 | 215,107 | ||||||
Stockland | 2,861 | 7,816 | ||||||
Summit Hotel Properties, Inc. | 19,292 | 99,933 | ||||||
Sun Communities, Inc. | 226 | 31,778 | ||||||
Terreno Realty Corp. | 7,060 | 386,606 | ||||||
UDR, Inc. | 5,471 | 178,409 | ||||||
Unibail-Rodamco-Westfield(b) | 574 | 21,169 | ||||||
United Urban Investment Corp. | 7 | 7,789 | ||||||
Uniti Group, Inc. | 11,107 | 117,012 | ||||||
Ventas, Inc. | 982 | 41,205 | ||||||
VEREIT, Inc. | 1,841 | 11,966 | ||||||
VICI Properties, Inc. | 835 | 19,514 | ||||||
Vicinity Centres | 5,630 | 5,622 | ||||||
Vornado Realty Trust(b) | 684 | 23,058 | ||||||
Washington Real Estate Investment Trust | 804 | 16,184 | ||||||
Welltower, Inc. | 1,074 | 59,167 | ||||||
Weyerhaeuser Co. | 1,602 | 45,689 | ||||||
WP Carey, Inc. | 436 | 28,410 | ||||||
Xenia Hotels & Resorts, Inc.(b) | 2,473 | 21,713 | ||||||
|
| |||||||
14,017,687 | ||||||||
Food & Staples Retailing — 0.9% | ||||||||
Abdullah Al Othaim Markets Co. | 2,506 | 86,724 | ||||||
Aeon Co. Ltd. | 2,200 | 59,182 | ||||||
BJ’s Wholesale Club Holdings, Inc.(a) | 6,162 | 256,031 | ||||||
Casey’s General Stores, Inc.(b) | 179 | 31,799 | ||||||
Chefs’ Warehouse, Inc.(a)(b) | 2,628 | 38,211 | ||||||
Clicks Group Ltd. | 21,683 | 287,808 | ||||||
Coles Group Ltd. | 1,940 | 23,635 | ||||||
Colruyt SA | 526 | 34,136 | ||||||
Cosmos Pharmaceutical Corp. | 100 | 17,427 | ||||||
Costco Wholesale Corp. | 7,293 | 2,589,015 | ||||||
Dairy Farm International Holdings Ltd. | 6,900 | 26,079 | ||||||
ICA Gruppen AB | 311 | 15,799 | ||||||
Ingles Markets, Inc., Class A | 2,528 | 96,165 | ||||||
J Sainsbury PLC | 10,949 | 26,958 | ||||||
Jeronimo Martins SGPS SA | 2,578 | 41,455 | ||||||
Koninklijke Ahold Delhaize NV | 6,517 | 192,629 | ||||||
Kroger Co. | 7,562 | 256,428 | ||||||
Lawson, Inc. | 700 | 33,378 | ||||||
METRO AG | 3,180 | 31,669 |
10 |
|
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Food & Staples Retailing (continued) | ||||||||
Performance Food Group Co.(a) | 9,413 | $ | 325,878 | |||||
President Chain Store Corp. | 21,000 | 191,144 | ||||||
PriceSmart, Inc. | 1,892 | 125,723 | ||||||
Shoprite Holdings Ltd.(b) | 8,541 | 69,679 | ||||||
SpartanNash Co. | 2,110 | 34,499 | ||||||
Sun Art Retail Group Ltd.(b) | 97,500 | 108,250 | ||||||
Sundrug Co. Ltd. | 300 | 11,309 | ||||||
Sysco Corp. | 4,264 | 265,306 | ||||||
Tsuruha Holdings, Inc. | 200 | 28,353 | ||||||
United Natural Foods, Inc.(a) | 3,659 | 54,409 | ||||||
Walgreens Boots Alliance, Inc. | 8,061 | 289,551 | ||||||
Weis Markets, Inc. | 4,355 | 209,040 | ||||||
Welcia Holdings Co. Ltd. | 600 | 26,312 | ||||||
Wm Morrison Supermarkets PLC | 10,114 | 22,200 | ||||||
Woolworths Group Ltd. | 2,942 | 76,929 | ||||||
|
| |||||||
5,983,110 | ||||||||
Food Products — 2.1% | ||||||||
a2 Milk Co. Ltd.(a) | 1,295 | 13,180 | ||||||
Ajinomoto Co., Inc. | 1,400 | 28,693 | ||||||
Angel Yeast Co. Ltd., Class A | 22,700 | 204,791 | ||||||
Archer-Daniels-Midland Co. | 3,567 | 165,830 | ||||||
Associated British Foods PLC | 921 | 22,173 | ||||||
B&G Foods, Inc.(b) | 2,400 | 66,648 | ||||||
Barry Callebaut AG, Registered Shares | 18 | 40,093 | ||||||
BRF SA(a) | 35,523 | 116,261 | ||||||
BRF SA, ADR(a)(b) | 28,653 | 93,982 | ||||||
Bunge Ltd. | 1,271 | 58,085 | ||||||
Calavo Growers, Inc.(b) | 2,360 | 156,397 | ||||||
Campbell Soup Co.(b) | 1,941 | 93,886 | ||||||
Chacha Food Co. Ltd., Class A | 25,065 | 215,025 | ||||||
China Mengniu Dairy Co. Ltd.(a) | 59,000 | 278,288 | ||||||
Chocoladefabriken Lindt & Spruengli AG | 7 | 59,087 | ||||||
Chocoladefabriken Lindt & Spruengli AG, Registered Shares | 1 | 89,097 | ||||||
Chongqing Fuling Zhacai Group Co. Ltd. | 23,400 | 162,959 | ||||||
Conagra Brands, Inc. | 3,388 | 120,985 | ||||||
Danone SA | 1,430 | 92,628 | ||||||
Darling Ingredients, Inc.(a) | 2,292 | 82,581 | ||||||
Freshpet, Inc.(a) | 3,191 | 356,275 | ||||||
General Mills, Inc. | 16,200 | 999,216 | ||||||
Henan Shuanghui Investment & Development Co. Ltd., Class A | 40,300 | 315,503 | ||||||
Hershey Co. | 7,352 | 1,053,836 | ||||||
Hormel Foods Corp. | 11,761 | 574,995 | ||||||
Hostess Brands, Inc.(a) | 25,318 | 312,171 | ||||||
Indofood Sukses Makmur Tbk PT | 54,500 | 26,286 | ||||||
Ingredion, Inc. | 787 | 59,560 | ||||||
Inner Mongolia Yili Industrial Group Co. Ltd., Class A | 20,531 | 117,022 | ||||||
J&J Snack Foods Corp. | 3,060 | 398,993 | ||||||
J.M. Smucker Co. | 1,169 | 135,043 | ||||||
John B Sanfilippo & Son, Inc. | 3,772 | 284,333 | ||||||
Kellogg Co.(b) | 3,660 | 236,399 | ||||||
Kerry Group PLC, Class A | 428 | 54,821 | ||||||
Kikkoman Corp. | 900 | 49,926 | ||||||
Kraft Heinz Co. | 5,043 | 151,038 | ||||||
Lamb Weston Holdings, Inc. | 1,161 | 76,939 | ||||||
Lancaster Colony Corp. | 1,011 | 180,767 | ||||||
M Dias Branco SA | 13,937 | 84,775 | ||||||
McCormick & Co., Inc.(b) | 4,988 | 968,171 | ||||||
Mondelez International, Inc., Class A | 7,193 | 413,238 | ||||||
Nestle India Ltd. | 3,556 | 767,414 |
Security | Shares | Value | ||||||
Food Products (continued) | ||||||||
Nestle Malaysia Bhd | 900 | $ | 30,641 | |||||
Nestle SA, Registered Shares | 8,101 | 964,116 | ||||||
Nissin Foods Holdings Co. Ltd. | 100 | 9,395 | ||||||
Simply Good Foods Co.(a) | 5,684 | 125,332 | ||||||
Thai Union Group PCL, NVDR | 423,600 | 188,305 | ||||||
Tingyi Cayman Islands Holding Corp. | 378,000 | 669,322 | ||||||
Toly Bread Co. Ltd., Class A | 10,000 | 88,137 | ||||||
Toyo Suisan Kaisha Ltd. | 100 | 5,281 | ||||||
Tyson Foods, Inc., Class A | 2,054 | 122,172 | ||||||
Uni-President China Holdings Ltd. | 89,000 | 81,622 | ||||||
Uni-President Enterprises Corp. | 377,000 | 816,492 | ||||||
Want Want China Holdings Ltd. | 796,000 | 556,228 | ||||||
Wilmar International Ltd. | 17,800 | 57,794 | ||||||
Yakult Honsha Co. Ltd. | 700 | 38,868 | ||||||
Yamazaki Baking Co. Ltd. | 500 | 8,715 | ||||||
|
| |||||||
13,539,810 | ||||||||
Gas Utilities — 0.4% | ||||||||
APA Group | 1,326 | 9,857 | ||||||
Beijing Enterprises Holdings Ltd. | 87,000 | 262,276 | ||||||
Brookfield Infrastructure Corp., Class A | 325 | 18,002 | ||||||
ENN Energy Holdings Ltd. | 15,200 | 166,793 | ||||||
Hong Kong & China Gas Co. Ltd. | 44,600 | 64,761 | ||||||
Naturgy Energy Group SA | 2,722 | 54,589 | ||||||
New Jersey Resources Corp.(b) | 22,458 | 606,815 | ||||||
Northwest Natural Holding Co. | 2,143 | 97,271 | ||||||
ONE Gas, Inc. | 1,933 | 133,396 | ||||||
Osaka Gas Co. Ltd. | 1,200 | 23,363 | ||||||
Snam SpA | 11,271 | 57,964 | ||||||
South Jersey Industries, Inc. | 7,322 | 141,095 | ||||||
Southwest Gas Holdings, Inc. | 9,245 | 583,360 | ||||||
Spire, Inc. | 1,104 | 58,733 | ||||||
Toho Gas Co. Ltd. | 400 | 19,792 | ||||||
Tokyo Gas Co. Ltd. | 1,400 | 31,949 | ||||||
UGI Corp.(b) | 1,194 | 39,378 | ||||||
|
| |||||||
2,369,394 | ||||||||
Health Care Equipment & Supplies — 2.3% | ||||||||
Abbott Laboratories | 15,991 | 1,740,300 | ||||||
ABIOMED, Inc.(a) | 39 | 10,805 | ||||||
Accuray, Inc.(a) | 15,004 | 36,010 | ||||||
Alcon, Inc.(a) | 1,438 | 81,528 | ||||||
Align Technology, Inc.(a) | 143 | 46,812 | ||||||
Ambu AS | 293 | 8,251 | ||||||
AngioDynamics, Inc.(a) | 4,610 | 55,597 | ||||||
Asahi Intecc Co. Ltd. | 300 | 9,429 | ||||||
AtriCure, Inc.(a)(b) | 2,414 | 96,319 | ||||||
Atrion Corp. | 232 | 145,232 | ||||||
Axogen, Inc.(a) | 1,935 | 22,504 | ||||||
Axonics Modulation Technologies, Inc.(a)(b) | 673 | 34,350 | ||||||
Baxter International, Inc. | 928 | 74,630 | ||||||
Becton Dickinson and Co. | 861 | 200,337 | ||||||
BioMerieux | 43 | 6,731 | ||||||
Boston Scientific Corp.(a) | 5,784 | 221,007 | ||||||
Cantel Medical Corp.(b) | 3,453 | 151,725 | ||||||
Cardiovascular Systems, Inc.(a) | 5,355 | 210,719 | ||||||
Carl Zeiss Meditec AG | 56 | 7,073 | ||||||
Cerus Corp.(a)(b) | 20,825 | 130,364 | ||||||
Cochlear Ltd. | 45 | 6,429 | ||||||
Coloplast A/S, Class B | 388 | 61,494 | ||||||
CONMED Corp. | 546 | 42,954 | ||||||
Cooper Cos., Inc.(b) | 123 | 41,466 | ||||||
CryoLife, Inc.(a)(b) | 7,636 | 141,037 |
M A S T E R P O R T F O L I O S C H E D U L E O F I N V E S T M E N T S | 11 |
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Health Care Equipment & Supplies (continued) | ||||||||
CryoPort, Inc.(a)(b) | 3,062 | $ | 145,139 | |||||
Cutera, Inc.(a) | 1,111 | 21,076 | ||||||
Danaher Corp. | 1,919 | 413,218 | ||||||
DENTSPLY SIRONA, Inc. | 337 | 14,737 | ||||||
DexCom, Inc.(a)(b) | 1,422 | 586,191 | ||||||
DiaSorin SpA | 41 | 8,249 | ||||||
Edwards Lifesciences Corp.(a) | 12,423 | 991,604 | ||||||
Fisher & Paykel Healthcare Corp. Ltd. | 1,127 | 24,873 | ||||||
GenMark Diagnostics, Inc.(a) | 5,227 | 74,223 | ||||||
Glaukos Corp.(a) | 1,307 | 64,723 | ||||||
Globus Medical, Inc., Class A(a) | 3,586 | 177,579 | ||||||
GN Store Nord A/S | 201 | 15,143 | ||||||
Guangzhou Wondfo Biotech Co. Ltd., Class A | 6,828 | 83,764 | ||||||
Haemonetics Corp.(a) | 1,981 | 172,842 | ||||||
Hartalega Holdings Bhd | 131,900 | 516,612 | ||||||
Heska Corp.(a)(b) | 295 | 29,143 | ||||||
Hologic, Inc.(a) | 2,018 | 134,136 | ||||||
Hoya Corp. | 900 | 101,625 | ||||||
IDEXX Laboratories, Inc.(a)(b) | 1,544 | 606,962 | ||||||
Inogen, Inc.(a) | 3,170 | 91,930 | ||||||
Insulet Corp.(a)(b) | 94 | 22,239 | ||||||
Integer Holdings Corp.(a) | 2,864 | 169,005 | ||||||
Intuitive Surgical, Inc.(a) | 330 | 234,148 | ||||||
iRhythm Technologies, Inc.(a) | 1,847 | 439,789 | ||||||
Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A | 32,550 | 157,649 | ||||||
Koninklijke Philips NV(a) | 2,022 | 95,477 | ||||||
Kossan Rubber Industries | 22,800 | 75,394 | ||||||
LeMaitre Vascular, Inc.(b) | 2,502 | 81,390 | ||||||
LivaNova PLC(a)(b) | 4,139 | 187,124 | ||||||
Masimo Corp.(a)(b) | 311 | 73,415 | ||||||
Medtronic PLC | 9,955 | 1,034,524 | ||||||
Meridian Bioscience, Inc.(a) | 5,047 | 85,698 | ||||||
Merit Medical Systems, Inc.(a)(b) | 2,932 | 127,542 | ||||||
Neogen Corp.(a) | 4,923 | 385,225 | ||||||
Neuronetics, Inc.(a)(b) | 5,700 | 27,702 | ||||||
Nevro Corp.(a)(b) | 3,010 | 419,293 | ||||||
Novocure Ltd.(a) | 726 | 80,811 | ||||||
NuVasive, Inc.(a) | 2,176 | 105,688 | ||||||
Olympus Corp. | 2,600 | 54,069 | ||||||
OraSure Technologies, Inc.(a)(b) | 6,052 | 73,653 | ||||||
Quidel Corp.(a) | 179 | 39,269 | ||||||
Quotient Ltd.(a) | 4,862 | 24,991 | ||||||
ResMed, Inc. | 1,064 | 182,401 | ||||||
SeaSpine Holdings Corp.(a) | 2,709 | 38,739 | ||||||
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A | 10,169 | 522,965 | ||||||
Shockwave Medical, Inc.(a)(b) | 2,840 | 215,272 | ||||||
Siemens Healthineers AG(c) | 1,315 | 59,028 | ||||||
Silk Road Medical, Inc.(a) | 1,818 | 122,188 | ||||||
Smith & Nephew PLC | 2,234 | 43,762 | ||||||
Sonova Holding AG, Registered Shares(a) | 178 | 45,108 | ||||||
STAAR Surgical Co.(a)(b) | 1,252 | 70,813 | ||||||
STERIS PLC | 193 | 34,005 | ||||||
Straumann Holding AG, Registered Shares | 33 | 33,383 | ||||||
Stryker Corp. | 3,163 | 659,074 | ||||||
Surgalign Holdings, Inc.(a) | 13,604 | 24,623 | ||||||
Sysmex Corp. | 300 | 28,705 | ||||||
Tactile Systems Technology, Inc.(a)(b) | 5,679 | 207,795 | ||||||
Tandem Diabetes Care, Inc.(a) | 632 | 71,732 | ||||||
Teleflex, Inc. | 92 | 31,319 | ||||||
Terumo Corp. | 1,400 | 55,741 |
Security | Shares | Value | ||||||
Health Care Equipment & Supplies (continued) | ||||||||
TransMedics Group, Inc.(a) | 1,697 | $ | 23,385 | |||||
Vapotherm, Inc.(a) | 1,252 | 36,308 | ||||||
Varex Imaging Corp.(a) | 8,488 | 107,967 | ||||||
Varian Medical Systems, Inc.(a) | 147 | 25,284 | ||||||
West Pharmaceutical Services, Inc. | 867 | 238,338 | ||||||
Wright Medical Group NV(a) | 4,497 | 137,338 | ||||||
Zimmer Biomet Holdings, Inc. | 517 | 70,384 | ||||||
Zynex, Inc.(a) | 650 | 11,342 | ||||||
|
| |||||||
14,947,966 | ||||||||
Health Care Providers & Services — 1.7% | ||||||||
1Life Healthcare Inc.(a)(b) | 8,161 | 231,446 | ||||||
Addus HomeCare Corp.(a) | 288 | 27,219 | ||||||
AmerisourceBergen Corp. | 665 | 64,452 | ||||||
AMN Healthcare Services, Inc.(a) | 4,351 | 254,359 | ||||||
Anthem, Inc. | 2,132 | 572,634 | ||||||
BioTelemetry, Inc.(a) | 5,287 | 240,981 | ||||||
Cardinal Health, Inc. | 3,601 | 169,067 | ||||||
Centene Corp.(a) | 1,513 | 88,253 | ||||||
Chemed Corp. | 362 | 173,887 | ||||||
Cigna Corp. | 2,177 | 368,806 | ||||||
CorVel Corp.(a) | 1,186 | 101,320 | ||||||
Covetrus, Inc.(a)(b) | 7,387 | 180,243 | ||||||
Cross Country Healthcare, Inc.(a) | 2,764 | 17,938 | ||||||
CVS Health Corp. | 10,976 | 640,998 | ||||||
DaVita, Inc.(a)(b) | 332 | 28,436 | ||||||
Ensign Group, Inc. | 3,166 | 180,652 | ||||||
Fresenius Medical Care AG & Co. KGaA | 621 | 52,497 | ||||||
Fresenius SE & Co. KGaA | 1,374 | 62,482 | ||||||
HCA Healthcare, Inc. | 1,807 | 225,297 | ||||||
HealthEquity, Inc.(a)(b) | 5,923 | 304,265 | ||||||
Henry Schein, Inc.(a) | 1,677 | 98,574 | ||||||
Humana, Inc. | 368 | 152,312 | ||||||
IHH Healthcare Bhd | 20,100 | 25,219 | ||||||
Joint Corp.(a)(b) | 2,428 | 42,223 | ||||||
Laboratory Corp. of America Holdings(a) | 1,256 | 236,467 | ||||||
LHC Group, Inc.(a)(b) | 2,093 | 444,888 | ||||||
Magellan Health, Inc.(a) | 1,354 | 102,606 | ||||||
McKesson Corp. | 4,465 | 664,972 | ||||||
MEDNAX, Inc.(a)(b) | 2,143 | 34,888 | ||||||
Molina Healthcare, Inc.(a) | 115 | 21,050 | ||||||
National HealthCare Corp.(b) | 342 | 21,310 | ||||||
National Research Corp. | 2,339 | 115,102 | ||||||
Netcare Ltd. | 256,926 | 198,178 | ||||||
Ontrak, Inc.(a)(b) | 670 | 40,200 | ||||||
Option Care Health Inc.(a)(b) | 7,400 | 98,938 | ||||||
Owens & Minor, Inc. | 1,555 | 39,046 | ||||||
Patterson Cos., Inc.(b) | 10,973 | 264,504 | ||||||
Pennant Group Inc.(a) | 1,042 | 40,180 | ||||||
PetIQ, Inc.(a)(b) | 4,062 | 133,721 | ||||||
Progyny, Inc.(a)(b) | 3,274 | 96,354 | ||||||
Quest Diagnostics, Inc. | 3,145 | 360,071 | ||||||
RadNet, Inc.(a) | 3,622 | 55,598 | ||||||
Select Medical Holdings Corp.(a) | 15,188 | 316,214 | ||||||
Shanghai Pharmaceuticals Holding Co. Ltd., Class H | 103,000 | 172,758 | ||||||
Sinopharm Group Co. Ltd., Class H | 138,400 | 292,467 | ||||||
Tenet Healthcare Corp.(a) | 6,892 | 168,923 | ||||||
Triple-S Management Corp., Class B(a) | 723 | 12,920 | ||||||
U.S. Physical Therapy, Inc. | 2,450 | 212,856 | ||||||
UnitedHealth Group, Inc. | 7,820 | 2,438,041 | ||||||
Universal Health Services, Inc., Class B | 336 | 35,959 |
12 |
|
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Health Care Providers & Services (continued) | ||||||||
Universal Vision Biotechnology Co. Ltd. | 8,000 | $ | 73,181 | |||||
Viemed Healthcare Inc.(a) | 7,624 | 65,871 | ||||||
|
| |||||||
11,060,823 | ||||||||
Health Care Technology — 0.6% | ||||||||
Accolade, Inc.(a) | 3,733 | 145,102 | ||||||
Allscripts Healthcare Solutions, Inc.(a) | 14,159 | 115,254 | ||||||
Castlight Health, Inc.(a) | 73,355 | 82,891 | ||||||
Cerner Corp. | 635 | 45,904 | ||||||
Evolent Health, Inc., Class A(a)(b) | 5,056 | 62,745 | ||||||
Health Catalyst, Inc.(a)(b) | 1,599 | 58,523 | ||||||
HMS Holdings Corp.(a) | 6,304 | 150,981 | ||||||
Inovalon Holdings, Inc., Class A(a) | 16,396 | 433,674 | ||||||
Inspire Medical Systems, Inc.(a) | 2,310 | 298,105 | ||||||
Livongo Health, Inc.(a) | 357 | 49,998 | ||||||
M3, Inc. | 1,000 | 61,856 | ||||||
NextGen Healthcare, Inc.(a) | 5,563 | 70,873 | ||||||
Omnicell, Inc.(a)(b) | 4,901 | 365,909 | ||||||
Phreesia, Inc.(a)(b) | 7,818 | 251,192 | ||||||
Schrodinger Inc/United States(a) | 319 | 15,156 | ||||||
Tabula Rasa HealthCare, Inc.(a) | 1,160 | 47,293 | ||||||
Teladoc Health, Inc.(a)(b) | 3,748 | 821,712 | ||||||
Veeva Systems, Inc., Class A(a) | 2,148 | 603,996 | ||||||
Vocera Communications, Inc.(a)(b) | 3,870 | 112,540 | ||||||
|
| |||||||
3,793,704 | ||||||||
Hotels, Restaurants & Leisure — 1.8% | ||||||||
Accel Entertainment, Inc.(a) | 3,270 | 35,022 | ||||||
Accor SA(a) | 311 | 8,705 | ||||||
Aramark | 3,285 | 86,888 | ||||||
Aristocrat Leisure Ltd. | 834 | 18,188 | ||||||
Biglari Holdings, Inc., Class B(a) | 671 | 59,726 | ||||||
Bluegreen Vacations Holding Corp. | 264 | 3,535 | ||||||
Caesars Entertainment, Inc.(a) | 16,889 | 946,797 | ||||||
Carnival Corp.(b) | 4,277 | 64,925 | ||||||
Century Casinos, Inc.(a) | 4,729 | 25,915 | ||||||
Cheesecake Factory, Inc.(b) | 11,926 | 330,827 | ||||||
Chipotle Mexican Grill, Inc.(a)(b) | 258 | 320,877 | ||||||
Churchill Downs, Inc.(b) | 3,214 | 526,518 | ||||||
Chuy’s Holdings, Inc.(a)(b) | 4,736 | 92,731 | ||||||
Compass Group PLC | 4,718 | 70,873 | ||||||
Cracker Barrel Old Country Store, Inc. | 2,384 | 273,349 | ||||||
Darden Restaurants, Inc. | 5,013 | 505,010 | ||||||
Dave & Buster’s Entertainment, Inc.(b) | 2,280 | 34,565 | ||||||
Denny’s Corp.(a) | 15,237 | 152,370 | ||||||
Dine Brands Global, Inc.(b) | 3,954 | 215,849 | ||||||
Domino’s Pizza, Inc. | 617 | 262,398 | ||||||
DraftKings Inc.(a) | 702 | 41,306 | ||||||
Dunkin’ Brands Group, Inc. | 3,457 | 283,163 | ||||||
Everi Holdings, Inc.(a) | 2,454 | 20,246 | ||||||
Extended Stay America, Inc. | 8,345 | 99,723 | ||||||
Flutter Entertainment PLC(a) | 279 | 44,280 | ||||||
Galaxy Entertainment Group Ltd. | 2,000 | 13,521 | ||||||
GAN Ltd.(a)(b) | 645 | 10,901 | ||||||
Gourmet Master Co. Ltd. | 19,000 | 67,461 | ||||||
Hilton Worldwide Holdings, Inc. | 1,439 | 122,776 | ||||||
International Game Technology PLC | 47,903 | 533,160 | ||||||
Jack in the Box, Inc. | 3,195 | 253,395 | ||||||
Las Vegas Sands Corp. | 2,512 | 117,210 | ||||||
Lindblad Expeditions Holdings, Inc.(a) | 2,191 | 18,645 | ||||||
Marriott International, Inc., Class A | 1,641 | 151,924 | ||||||
Marriott Vacations Worldwide Corp. | 533 | 48,402 | ||||||
McDonald’s Corp. | 4,508 | 989,461 | ||||||
Melco Resorts & Entertainment Ltd., ADR | 1,759 | 29,287 |
Security | Shares | Value | ||||||
Hotels, Restaurants & Leisure (continued) | ||||||||
MGM Resorts International(b) | 5,605 | $ | 121,909 | |||||
OPAP SA | 1,665 | 15,789 | ||||||
Oriental Land Co. Ltd. | 400 | 56,098 | ||||||
Papa John’s International, Inc. | 2,472 | 203,396 | ||||||
Penn National Gaming, Inc.(a) | 12,660 | 920,382 | ||||||
Playa Hotels & Resorts NV(a) | 4,660 | 19,525 | ||||||
Royal Caribbean Cruises Ltd.(b) | 1,218 | 78,841 | ||||||
Ruth’s Hospitality Group, Inc. | 2,255 | 24,940 | ||||||
Sands China Ltd. | 3,600 | 13,954 | ||||||
Scientific Games Corp., Class A(a) | 4,217 | 147,215 | ||||||
SeaWorld Entertainment, Inc.(a) | 4,081 | 80,477 | ||||||
Shake Shack, Inc., Class A(a)(b) | 1,644 | 106,005 | ||||||
Sodexo SA | 229 | 16,324 | ||||||
Starbucks Corp. | 7,981 | 685,728 | ||||||
Target Hospitality Corp.(a)(b) | 16,338 | 19,932 | ||||||
Texas Roadhouse, Inc.(b) | 10,152 | 617,140 | ||||||
Vail Resorts, Inc.(b) | 1,068 | 228,520 | ||||||
Wendy’s Co. | 475 | 10,590 | ||||||
Wingstop, Inc. | 3,294 | 450,125 | ||||||
Wyndham Destinations, Inc. | 2,556 | 78,623 | ||||||
Wynn Resorts Ltd. | 1,045 | 75,041 | ||||||
Yum China Holdings, Inc. | 10,354 | 548,244 | ||||||
Yum! Brands, Inc. | 4,303 | 392,864 | ||||||
|
| |||||||
11,791,591 | ||||||||
Household Durables — 0.7% | ||||||||
Cavco Industries, Inc.(a) | 240 | 43,274 | ||||||
Century Communities, Inc.(a)(b) | 3,698 | 156,536 | ||||||
Coway Co. Ltd. | 1,500 | 102,017 | ||||||
D.R. Horton, Inc. | 400 | 30,252 | ||||||
Ethan Allen Interiors, Inc. | 8,049 | 108,983 | ||||||
GoPro, Inc., Class A(a) | 8,645 | 39,162 | ||||||
Green Brick Partners, Inc.(a) | 14,495 | 233,370 | ||||||
Helen of Troy Ltd.(a)(b) | 2,226 | 430,776 | ||||||
Hooker Furniture Corp. | 4,312 | 111,379 | ||||||
iRobot Corp.(a) | 5,007 | 380,031 | ||||||
KB Home | 1,574 | 60,426 | ||||||
La-Z-Boy, Inc. | 9,867 | 312,093 | ||||||
LG Electronics, Inc. | 1,600 | 125,333 | ||||||
LGI Homes, Inc.(a) | 1,036 | 120,352 | ||||||
MDC Holdings, Inc. | 17,162 | 808,330 | ||||||
Meritage Homes Corp.(a) | 3,134 | 345,962 | ||||||
Nien Made Enterprise Co. Ltd. | 8,000 | 94,883 | ||||||
Nikon Corp. | 2,100 | 14,170 | ||||||
Panasonic Corp. | 3,800 | 32,369 | ||||||
Sharp Corp. | 500 | 6,220 | ||||||
Sonos, Inc.(a) | 5,963 | 90,518 | ||||||
Sony Corp. | 2,700 | 206,934 | ||||||
Taylor Morrison Home Corp.(a)(b) | 8,507 | 209,187 | ||||||
TopBuild Corp.(a) | 2,417 | 412,558 | ||||||
|
| |||||||
4,475,115 | ||||||||
Household Products — 1.0% | ||||||||
Central Garden & Pet Co.(a)(b) | 790 | 31,545 | ||||||
Central Garden & Pet Co., Class A(a) | 5,966 | 215,611 | ||||||
Church & Dwight Co., Inc.(b) | 2,827 | 264,918 | ||||||
Clorox Co.(b) | 7,464 | 1,568,709 | ||||||
Colgate-Palmolive Co. | 18,206 | 1,404,593 | ||||||
Henkel AG & Co. KGaA | 355 | 33,202 | ||||||
Hindustan Unilever Ltd. | 15,128 | 425,138 | ||||||
Kimberly-Clark Corp. | 993 | 146,626 | ||||||
Lion Corp. | 500 | 10,265 | ||||||
Oil-Dri Corp. of America | 1,091 | 39,025 | ||||||
Pigeon Corp. | 200 | 8,936 |
M A S T E R P O R T F O L I O S C H E D U L E O F I N V E S T M E N T S | 13 |
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Household Products (continued) | ||||||||
Procter & Gamble Co. | 13,432 | $ | 1,866,914 | |||||
Reckitt Benckiser Group PLC | 1,782 | 173,754 | ||||||
Unicharm Corp. | 900 | 40,251 | ||||||
WD-40 Co.(b) | 730 | 138,196 | ||||||
|
| |||||||
6,367,683 | ||||||||
Independent Power and Renewable Electricity Producers — 0.2% | ||||||||
Atlantic Power Corp.(a) | 13,622 | 26,699 | ||||||
Brookfield Renewable Corp., Class A(b) | 7,566 | 443,368 | ||||||
Energy Absolute PCL, NVDR | 70,900 | 88,307 | ||||||
Engie Brasil Energia SA | 20,731 | 148,951 | ||||||
Huaneng Power International Inc. | 302,173 | 241,593 | ||||||
Ormat Technologies, Inc.(b) | 2,157 | 127,500 | ||||||
Sunnova Energy International, Inc.(a) | 1,844 | 56,076 | ||||||
Uniper SE | 779 | 25,145 | ||||||
|
| |||||||
1,157,639 | ||||||||
Industrial Conglomerates — 0.4% | ||||||||
3M Co. | 2,943 | 471,410 | ||||||
Carlisle Cos., Inc. | 1,865 | 228,220 | ||||||
CITIC Ltd. | 179,000 | 132,724 | ||||||
CK Hutchison Holdings Ltd. | 9,500 | 57,568 | ||||||
Honeywell International, Inc. | 5,271 | 867,659 | ||||||
LG Corp. | 1,627 | 103,304 | ||||||
Raven Industries, Inc. | 1,912 | 41,146 | ||||||
Roper Technologies, Inc. | 601 | 237,461 | ||||||
Siemens AG, Class N, Registered Shares | 2,190 | 276,573 | ||||||
Sime Darby BHD | 322,800 | 193,862 | ||||||
Smiths Group PLC | 952 | 16,840 | ||||||
Toshiba Corp. | 500 | 12,755 | ||||||
|
| |||||||
2,639,522 | ||||||||
Insurance — 1.8% | ||||||||
Admiral Group PLC | 323 | 10,893 | ||||||
Aegon NV | 3,857 | 9,983 | ||||||
Aflac, Inc.(b) | 10,751 | 390,799 | ||||||
Ageas SA | 491 | 20,091 | ||||||
AIA Group Ltd. | 30,200 | 300,191 | ||||||
Alleghany Corp. | 145 | 75,465 | ||||||
Allianz SE, Registered Shares | 1,219 | 233,962 | ||||||
Allstate Corp. | 2,955 | 278,184 | ||||||
American Financial Group, Inc. | 160 | 10,717 | ||||||
American International Group, Inc. | 821 | 22,602 | ||||||
American National Group, Inc. | 478 | 32,279 | ||||||
Aon PLC, Class A | 858 | 177,005 | ||||||
Arch Capital Group Ltd.(a) | 1,469 | 42,968 | ||||||
Argo Group International Holdings Ltd. | 3,542 | 121,951 | ||||||
Arthur J Gallagher & Co. | 628 | 66,304 | ||||||
Assicurazioni Generali SpA | 4,532 | 63,876 | ||||||
Athene Holding Ltd., Class A(a) | 5,952 | 202,844 | ||||||
Aviva PLC | 12,295 | 45,488 | ||||||
AXA SA | 5,076 | 93,946 | ||||||
Baloise Holding AG, Registered Shares | 195 | 28,709 | ||||||
Brighthouse Financial, Inc.(a)(b) | 92 | 2,476 | ||||||
Brown & Brown, Inc. | 9,020 | 408,335 | ||||||
China Life Insurance Co. Ltd., Class H | 470,000 | 1,065,478 | ||||||
Cincinnati Financial Corp.(b) | 4,009 | 312,582 | ||||||
CNO Financial Group, Inc. | 14,996 | 240,536 | ||||||
Crawford & Co., Class A | 9,444 | 61,764 | ||||||
Dai-ichi Life Holdings, Inc. | 2,900 | 40,920 | ||||||
eHealth, Inc.(a) | 1,481 | 116,999 | ||||||
Enstar Group Ltd.(a)(b) | 360 | 58,140 | ||||||
Erie Indemnity Co., Class A | 113 | 23,762 |
Security | Shares | Value | ||||||
Insurance (continued) | ||||||||
Everest Re Group Ltd. | 148 | $ | 29,236 | |||||
FedNat Holding Co. | 5,942 | 37,553 | ||||||
Fidelity National Financial, Inc. | 891 | 27,897 | ||||||
First American Financial Corp. | 4,728 | 240,702 | ||||||
Fubon Financial Holding Co. Ltd. | 296,000 | 430,714 | ||||||
Genworth Financial, Inc., Class A(a) | 22,914 | 76,762 | ||||||
Hallmark Financial Services, Inc.(a) | 6,477 | 16,970 | ||||||
Hannover Rueck SE | 146 | 22,602 | ||||||
Hanover Insurance Group, Inc.(b) | 1,520 | 141,634 | ||||||
Hartford Financial Services Group, Inc. | 950 | 35,017 | ||||||
HCI Group, Inc. | 1,089 | 53,677 | ||||||
Heritage Insurance Holdings, Inc. | 6,765 | 68,462 | ||||||
Insurance Australia Group Ltd. | 3,393 | 10,737 | ||||||
Investors Title Co. | 84 | 10,925 | ||||||
Japan Post Holdings Co. Ltd. | 6,900 | 47,051 | ||||||
Kinsale Capital Group, Inc. | 1,368 | 260,166 | ||||||
Legal & General Group PLC | 13,934 | 33,991 | ||||||
Lincoln National Corp. | 8,674 | 271,756 | ||||||
Loews Corp. | 1,256 | 43,646 | ||||||
Mapfre SA | 6,905 | 10,833 | ||||||
Markel Corp.(a) | 51 | 49,659 | ||||||
Marsh & McLennan Cos., Inc. | 5,456 | 625,803 | ||||||
MetLife, Inc. | 902 | 33,527 | ||||||
MS&AD Insurance Group Holdings, Inc. | 1,800 | 48,498 | ||||||
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, Registered Shares | 336 | 85,417 | ||||||
National General Holdings Corp. | 5,307 | 179,111 | ||||||
New China Life Insurance Co. Ltd., Class H | 67,600 | 254,116 | ||||||
Old Mutual Ltd. | 335,601 | 206,860 | ||||||
Palomar Holdings, Inc.(a) | 145 | 15,115 | ||||||
PICC Property & Casualty Co. Ltd., Class H | 484,000 | 339,990 | ||||||
Ping An Insurance Group Co. of China Ltd., Class H | 61,500 | 638,422 | ||||||
Poste Italiane SpA(c) | 3,052 | 27,046 | ||||||
Powszechny Zaklad Ubezpieczen SA(a) | 25,023 | 160,576 | ||||||
Principal Financial Group, Inc. | 219 | 8,819 | ||||||
ProAssurance Corp. | 3,334 | 52,144 | ||||||
Progressive Corp. | 3,562 | 337,215 | ||||||
Protective Insurance Corp., Class B | 4,721 | 61,987 | ||||||
Prudential Financial, Inc. | 972 | 61,741 | ||||||
Prudential PLC | 6,338 | 90,940 | ||||||
QBE Insurance Group Ltd. | 571 | 3,552 | ||||||
Reinsurance Group of America, Inc. | 314 | 29,890 | ||||||
RenaissanceRe Holdings Ltd. | 119 | 20,199 | ||||||
RLI Corp. | 3,405 | 285,101 | ||||||
RSA Insurance Group PLC | 617 | 3,603 | ||||||
Sampo OYJ, A Shares | 1,524 | 60,355 | ||||||
SCOR SE(a) | 223 | 6,209 | ||||||
Selective Insurance Group, Inc. | 2,801 | 144,223 | ||||||
Sompo Holdings, Inc. | 700 | 24,166 | ||||||
State Auto Financial Corp. | 639 | 8,793 | ||||||
Suncorp Group Ltd. | 2,024 | 12,356 | ||||||
Swiss Life Holding AG, Registered Shares(a) | 135 | 51,083 | ||||||
Swiss Re AG | 1,004 | 74,476 | ||||||
T&D Holdings, Inc. | 1,300 | 12,816 | ||||||
Tokio Marine Holdings, Inc. | 2,100 | 91,885 | ||||||
Travelers Cos., Inc. | 1,805 | 195,283 | ||||||
Trean Insurance Group Inc.(a) | 3,187 | 48,602 | ||||||
Trupanion, Inc.(a)(b) | 3,991 | 314,890 | ||||||
Tryg A/S | 695 | 21,880 | ||||||
United Fire Group, Inc. | 2,700 | 54,864 | ||||||
United Insurance Holdings Corp. | 7,811 | 47,335 | ||||||
Unum Group | 5,544 | 93,305 |
14 |
|
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Insurance (continued) | ||||||||
W.R. Berkley Corp. | 508 | $ | 31,064 | |||||
Watford Holdings Ltd.(a) | 308 | 7,065 | ||||||
Willis Towers Watson PLC | 1,107 | 231,164 | ||||||
Zurich Insurance Group AG | 528 | 184,121 | ||||||
|
| |||||||
11,764,846 | ||||||||
Interactive Media & Services — 4.1% | ||||||||
Alphabet, Inc., Class A(a) | 2,833 | 4,152,045 | ||||||
Alphabet, Inc., Class C(a) | 2,399 | 3,525,570 | ||||||
Auto Trader Group PLC(c) | 2,215 | 16,082 | ||||||
Baidu, Inc., ADR(a) | 4,528 | 573,200 | ||||||
Cargurus, Inc.(a) | 11,682 | 252,682 | ||||||
Cars.com, Inc.(a) | 2,596 | 20,976 | ||||||
Eventbrite, Inc., Class A(a)(b) | 5,209 | 56,518 | ||||||
EverQuote, Inc., Class A(a)(b) | 1,789 | 69,127 | ||||||
Facebook, Inc., Class A(a) | 15,268 | 3,998,689 | ||||||
IAC/InterActiveCorp.(a) | 75 | 8,984 | ||||||
Kakao Corp. | 831 | 258,402 | ||||||
Match Group, Inc.(a)(b) | 666 | 73,693 | ||||||
NAVER Corp. | 4,565 | 1,160,063 | ||||||
Pinterest, Inc., Class A(a) | 1,097 | 45,536 | ||||||
Snap, Inc., Class A(a) | 2,397 | 62,586 | ||||||
Tencent Holdings Ltd. | 166,500 | 11,245,971 | ||||||
TrueCar, Inc.(a) | 10,229 | 51,145 | ||||||
Twitter, Inc.(a) | 22,085 | 982,782 | ||||||
Yandex NV, Class A(a) | 2,529 | 165,017 | ||||||
Yelp, Inc.(a) | 6,570 | 131,991 | ||||||
Z Holdings Corp. | 4,500 | 30,057 | ||||||
Zillow Group, Inc., Class C(a)(b) | 261 | 26,515 | ||||||
|
| |||||||
26,907,631 | ||||||||
Internet & Direct Marketing Retail — 5.7% | ||||||||
1-800-Flowers.com, Inc., Class A(a)(b) | 5,852 | 145,949 | ||||||
Alibaba Group Holding Ltd.(a) | 32,700 | 1,200,453 | ||||||
Alibaba Group Holding Ltd., ADR(a) | 43,540 | 12,799,889 | ||||||
Amazon.com, Inc.(a) | 3,680 | 11,587,326 | ||||||
B2W Cia Digital(a) | 4,507 | 72,213 | ||||||
Booking Holdings, Inc.(a) | 182 | 311,344 | ||||||
Delivery Hero SE(a)(c) | 200 | 22,948 | ||||||
eBay, Inc. | 3,192 | 166,303 | ||||||
Expedia Group, Inc. | 777 | 71,243 | ||||||
Grubhub, Inc.(a) | 446 | 32,259 | ||||||
JD.com, Inc., ADR(a) | 20,483 | 1,589,686 | ||||||
JD.com, Inc., Class A(a) | 9,500 | 365,800 | ||||||
Just Eat Takeaway.com NV(a)(c) | 200 | 22,389 | ||||||
Lands’ End, Inc.(a)(b) | 376 | 4,899 | ||||||
Leaf Group Ltd.(a) | 6,595 | 33,107 | ||||||
Magnite, Inc.(a) | 2,628 | 18,251 | ||||||
Meituan Dianping, Class B(a) | 121,300 | 3,821,106 | ||||||
MercadoLibre, Inc.(a) | 153 | 165,619 | ||||||
momo.com Inc. | 5,000 | 121,708 | ||||||
Naspers Ltd., N Shares | 16,193 | 2,860,070 | ||||||
Ocado Group PLC(a) | 511 | 18,074 | ||||||
Overstock.com, Inc.(a)(b) | 4,285 | 311,305 | ||||||
Prosus NV(a) | 887 | 81,872 | ||||||
Quotient Technology, Inc.(a) | 1,925 | 14,207 | ||||||
RealReal, Inc.(a) | 7,610 | 110,117 | ||||||
Shutterstock, Inc.(b) | 1,410 | 73,376 | ||||||
Stamps.com, Inc.(a) | 2,084 | 502,140 |
Security | Shares | Value | ||||||
Internet & Direct Marketing Retail (continued) | ||||||||
Stitch Fix, Inc., Class A(a)(b) | 5,368 | $ | 145,634 | |||||
Wayfair, Inc., Class A(a) | 1,309 | 380,932 | ||||||
|
| |||||||
37,050,219 | ||||||||
IT Services — 3.1% | ||||||||
Accenture PLC, Class A | 3,785 | 855,372 | ||||||
Adyen NV(a)(c) | 38 | 70,090 | ||||||
Afterpay Ltd.(a) | 265 | 15,620 | ||||||
Akamai Technologies, Inc.(a) | 433 | 47,864 | ||||||
Amadeus IT Group SA | 1,640 | 91,079 | ||||||
Atos SE(a) | 453 | 36,401 | ||||||
Automatic Data Processing, Inc. | 5,422 | 756,315 | ||||||
Black Knight, Inc.(a) | 330 | 28,727 | ||||||
Booz Allen Hamilton Holding Corp. | 433 | 35,930 | ||||||
Broadridge Financial Solutions, Inc. | 361 | 47,652 | ||||||
Capgemini SE | 544 | 69,793 | ||||||
Cardtronics PLC, Class A(a)(b) | 2,749 | 54,430 | ||||||
Cognizant Technology Solutions Corp., Class A | 1,627 | 112,946 | ||||||
Computershare Ltd. | 8,992 | 79,550 | ||||||
Conduent, Inc.(a) | 16,782 | 53,367 | ||||||
CSG Systems International, Inc. | 6,250 | 255,937 | ||||||
DXC Technology Co. | 6,993 | 124,825 | ||||||
EPAM Systems, Inc.(a) | 188 | 60,777 | ||||||
ExlService Holdings, Inc.(a) | 812 | 53,568 | ||||||
Fidelity National Information Services, Inc. | 2,058 | 302,958 | ||||||
Fiserv, Inc.(a) | 11,751 | 1,210,941 | ||||||
FleetCor Technologies, Inc.(a) | 305 | 72,621 | ||||||
Fujitsu Ltd. | 200 | 27,324 | ||||||
Gartner, Inc.(a) | 262 | 32,737 | ||||||
Global Payments, Inc. | 950 | 168,701 | ||||||
GoDaddy, Inc., Class A(a) | 407 | 30,920 | ||||||
GreenSky Inc.(a)(b) | 3,100 | 13,764 | ||||||
Grid Dynamics Holdings Inc.(a)(b) | 2,464 | 19,047 | ||||||
Hackett Group, Inc. | 18,680 | 208,842 | ||||||
HCL Technologies Ltd. | 19,041 | 209,929 | ||||||
Infosys Ltd. | 94,688 | 1,301,974 | ||||||
Infosys Ltd., ADR(b) | 34,897 | 481,928 | ||||||
International Business Machines Corp. | 3,235 | 393,602 | ||||||
International Money Express, Inc.(a) | 1,834 | 26,345 | ||||||
Jack Henry & Associates, Inc.(b) | 160 | 26,014 | ||||||
KBR, Inc. | 14,829 | 331,576 | ||||||
Limelight Networks, Inc.(a)(b) | 11,736 | 67,599 | ||||||
LiveRamp Holdings, Inc.(a) | 2,209 | 114,360 | ||||||
ManTech International Corp., Class A(b) | 5,921 | 407,838 | ||||||
Mastercard, Inc., Class A | 6,385 | 2,159,215 | ||||||
MAXIMUS, Inc. | 3,720 | 254,485 | ||||||
MongoDB, Inc.(a) | 145 | 33,569 | ||||||
NEC Corp. | 300 | 17,548 | ||||||
NIC, Inc. | 717 | 14,125 | ||||||
NTT Data Corp. | 1,800 | 23,035 | ||||||
Okta, Inc.(a) | 328 | 70,143 | ||||||
Paychex, Inc. | 936 | 74,665 | ||||||
PayPal Holdings, Inc.(a) | 16,267 | 3,205,087 | ||||||
Perficient, Inc.(a)(b) | 1,821 | 77,830 | ||||||
Perspecta, Inc. | 4,877 | 94,858 | ||||||
Rackspace Technology Inc.(a) | 864 | 16,667 | ||||||
Samsung SDS Co. Ltd. | 644 | 93,230 | ||||||
Square, Inc., Class A(a) | 994 | 161,575 | ||||||
Tata Consultancy Services Ltd. | 28,381 | 960,198 | ||||||
Twilio, Inc., Class A(a)(b) | 369 | 91,176 | ||||||
VeriSign, Inc.(a) | 361 | 73,951 |
M A S T E R P O R T F O L I O S C H E D U L E O F I N V E S T M E N T S | 15 |
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
IT Services (continued) | ||||||||
Verra Mobility Corp.(a) | 9,173 | $ | 88,611 | |||||
Virtusa Corp.(a) | 1,243 | 61,106 | ||||||
Visa, Inc., Class A | 19,091 | 3,817,627 | ||||||
Western Union Co. | 1,366 | 29,273 | ||||||
Wipro Ltd., ADR(b) | 16,700 | 78,490 | ||||||
Worldline SA(a)(c) | 220 | 18,014 | ||||||
|
| |||||||
19,813,741 | ||||||||
Leisure Products — 0.1% | ||||||||
Acushnet Holdings Corp. | 1,386 | 46,583 | ||||||
Callaway Golf Co. | 6,574 | 125,826 | ||||||
Giant Manufacturing Co. Ltd. | 2,000 | 18,951 | ||||||
Malibu Boats, Inc., Class A(a) | 3,193 | 158,245 | ||||||
Nautilus, Inc.(a)(b) | 2,183 | 37,460 | ||||||
Peloton Interactive, Inc., Class A(a)(b) | 553 | 54,880 | ||||||
Polaris, Inc. | 205 | 19,340 | ||||||
Shimano, Inc. | 100 | 19,739 | ||||||
YETI Holdings, Inc.(a)(b) | 9,855 | 446,629 | ||||||
|
| |||||||
927,653 | ||||||||
Life Sciences Tools & Services — 0.7% | ||||||||
Adaptive Biotechnologies Corp.(a)(b) | 1,546 | 75,182 | ||||||
Agilent Technologies, Inc. | 5,420 | 547,095 | ||||||
Avantor, Inc.(a) | 5,496 | 123,605 | ||||||
Codexis, Inc.(a)(b) | 6,668 | 78,282 | ||||||
Eurofins Scientific SE(a) | 15 | 11,883 | ||||||
Fluidigm Corp.(a) | 7,531 | 55,955 | ||||||
Illumina, Inc.(a) | 416 | 128,577 | ||||||
IQVIA Holdings, Inc.(a) | 330 | 52,018 | ||||||
Lonza Group AG, Registered Shares | 199 | 122,810 | ||||||
Luminex Corp. | 11,130 | 292,162 | ||||||
Medpace Holdings, Inc.(a) | 2,398 | 267,976 | ||||||
Mettler-Toledo International, Inc.(a) | 30 | 28,973 | ||||||
NanoString Technologies, Inc.(a)(b) | 4,195 | 187,516 | ||||||
NeoGenomics, Inc.(a) | 10,244 | 377,901 | ||||||
Pacific Biosciences of California, Inc.(a)(b) | 9,748 | 96,213 | ||||||
Personalis, Inc.(a)(b) | 4,304 | 93,268 | ||||||
Pharmaron Beijing Co. Ltd., Class H(c) | 7,500 | 93,912 | ||||||
QIAGEN NV(a) | 528 | 27,424 | ||||||
Quanterix Corp.(a) | 2,632 | 88,804 | ||||||
Repligen Corp.(a) | 805 | 118,770 | ||||||
Sartorius Stedim Biotech | 37 | 12,771 | ||||||
Thermo Fisher Scientific, Inc. | 2,514 | 1,109,981 | ||||||
Waters Corp.(a)(b) | 205 | 40,114 | ||||||
WuXi AppTec Co. Ltd., Class H(c) | 47,940 | 693,249 | ||||||
|
| |||||||
4,724,441 | ||||||||
Machinery — 1.8% | ||||||||
AGCO Corp. | 2,012 | 149,431 | ||||||
Airtac International Group | 9,000 | 204,740 | ||||||
Alfa Laval AB(a) | 514 | 11,346 | ||||||
Allison Transmission Holdings, Inc. | 449 | 15,778 | ||||||
Alstom SA(a) | 731 | 36,516 | ||||||
Altra Industrial Motion Corp. | 3,237 | 119,672 | ||||||
Amada Co. Ltd. | 3,600 | 33,677 | ||||||
ANDRITZ AG | 736 | 22,717 | ||||||
Atlas Copco AB, A Shares | 3,574 | 163,817 | ||||||
Blue Bird Corp.(a) | 6,184 | 75,197 | ||||||
Caterpillar, Inc. | 911 | 135,876 | ||||||
Chart Industries, Inc.(a)(b) | 2,512 | 176,518 | ||||||
CIRCOR International, Inc.(a) | 1,385 | 37,880 | ||||||
CNH Industrial NV(a) | 6,524 | 50,459 | ||||||
Columbus McKinnon Corp. | 1,935 | 64,049 |
Security | Shares | Value | ||||||
Machinery (continued) | ||||||||
Cummins, Inc. | 687 | $ | 145,067 | |||||
Daifuku Co. Ltd. | 500 | 50,469 | ||||||
Deere & Co. | 4,652 | 1,031,023 | ||||||
Doosan Bobcat, Inc. | 2,324 | 53,647 | ||||||
Dover Corp. | 460 | 49,836 | ||||||
ESCO Technologies, Inc. | 8,437 | 679,685 | ||||||
Evoqua Water Technologies Corp.(a) | 13,069 | 277,324 | ||||||
FANUC Corp. | 700 | 134,341 | ||||||
Fortive Corp. | 5,861 | 446,667 | ||||||
Franklin Electric Co., Inc. | 7,522 | 442,519 | ||||||
GEA Group AG | 307 | 10,757 | ||||||
Gencor Industries, Inc.(a) | 6,972 | 76,901 | ||||||
Graco, Inc. | 341 | 20,920 | ||||||
Graham Corp. | 377 | 4,814 | ||||||
Greenbrier Cos., Inc. | 1,399 | 41,131 | ||||||
Helios Technologies, Inc. | 1,363 | 49,613 | ||||||
Hillenbrand, Inc. | 5,623 | 159,468 | ||||||
Hitachi Construction Machinery Co. Ltd. | 400 | 14,495 | ||||||
Hyster-Yale Materials Handling, Inc. | 2,225 | 82,659 | ||||||
IDEX Corp. | 331 | 60,378 | ||||||
Illinois Tool Works, Inc. | 1,402 | 270,880 | ||||||
Ingersoll Rand Inc.(a) | 1,192 | 42,435 | ||||||
Jiangsu Hengli Hydraulic Co. Ltd., Class A | 8,732 | 92,363 | ||||||
John Bean Technologies Corp.(b) | 2,054 | 188,742 | ||||||
Kadant, Inc. | 161 | 17,649 | ||||||
Kawasaki Heavy Industries Ltd.(a) | 2,500 | 33,773 | ||||||
Kennametal, Inc.(b) | 8,406 | 243,270 | ||||||
KION Group AG | 239 | 20,408 | ||||||
Knorr-Bremse AG | 469 | 55,230 | ||||||
Komatsu Ltd. | 4,200 | 92,245 | ||||||
Kone OYJ, Class B | 953 | 83,677 | ||||||
Kubota Corp. | 6,500 | 116,462 | ||||||
Lydall, Inc.(a) | 2,555 | 42,260 | ||||||
Makita Corp. | 800 | 38,287 | ||||||
Mayville Engineering Co., Inc.(a) | 1,307 | 12,011 | ||||||
MINEBEA MITSUMI, Inc. | 2,100 | 40,001 | ||||||
MISUMI Group, Inc. | 1,000 | 28,037 | ||||||
Mitsubishi Heavy Industries Ltd. | 2,500 | 55,352 | ||||||
Nabtesco Corp. | 300 | 10,892 | ||||||
NGK Insulators Ltd. | 3,000 | 42,835 | ||||||
Nordson Corp. | 253 | 48,530 | ||||||
NSK Ltd. | 4,800 | 36,741 | ||||||
Oshkosh Corp. | 3,555 | 261,293 | ||||||
Otis Worldwide Corp. | 1,695 | 105,802 | ||||||
PACCAR, Inc. | 709 | 60,464 | ||||||
Parker-Hannifin Corp. | 429 | 86,804 | ||||||
Park-Ohio Holdings Corp. | 2,606 | 41,878 | ||||||
Proto Labs, Inc.(a) | 2,561 | 331,649 | ||||||
RBC Bearings, Inc.(a) | 1,606 | 194,663 | ||||||
Rexnord Corp. | 1,155 | 34,465 | ||||||
Sandvik AB(a) | 2,418 | 47,285 | ||||||
Schindler Holding AG | 295 | 80,529 | ||||||
Schindler Holding AG, Registered Shares | 271 | 73,549 | ||||||
Shenzhen Inovance Technology Co. Ltd., Class A | 39,159 | 336,108 | ||||||
Sinotruk Hong Kong Ltd. | 20,500 | 52,832 | ||||||
SKF AB, B Shares | 850 | 17,536 | ||||||
SMC Corp. | 200 | 111,567 | ||||||
Snap-on, Inc.(b) | 1,860 | 273,662 | ||||||
SPX Corp.(a) | 1,518 | 70,405 | ||||||
SPX FLOW, Inc.(a) | 1,007 | 43,120 | ||||||
Standex International Corp.(b) | 1,474 | 87,261 | ||||||
Stanley Black & Decker, Inc. | 524 | 84,993 |
16 |
|
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Machinery (continued) | ||||||||
Sumitomo Heavy Industries Ltd. | 900 | $ | 20,939 | |||||
Sunonwealth Electric Machine Industry Co. Ltd. | 71,000 | 153,317 | ||||||
Techtronic Industries Co. Ltd. | 8,500 | 113,013 | ||||||
Tennant Co. | 581 | 35,069 | ||||||
Terex Corp. | 5,316 | 102,918 | ||||||
THK Co. Ltd. | 600 | 15,099 | ||||||
Volvo AB, B Shares(a) | 3,847 | 73,900 | ||||||
Wabash National Corp.(b) | 9,906 | 118,476 | ||||||
Wartsila OYJ Abp | 4,755 | 37,342 | ||||||
Watts Water Technologies, Inc., Class A | 240 | 24,036 | ||||||
Welbilt, Inc.(a) | 10,378 | 63,928 | ||||||
Xylem, Inc. | 11,131 | 936,340 | ||||||
Yaskawa Electric Corp. | 1,300 | 50,860 | ||||||
Zhejiang Dingli Machinery Co. Ltd., Class A | 5,320 | 78,027 | ||||||
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class A(a) | 480,998 | 577,346 | ||||||
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class H | 350,400 | 338,550 | ||||||
|
| |||||||
11,876,492 | ||||||||
Marine — 0.0% | ||||||||
AP Moeller - Maersk A/S, Class A | 7 | 10,247 | ||||||
AP Moeller - Maersk A/S, Class B | 16 | 25,294 | ||||||
Costamare, Inc. | 10,761 | 65,319 | ||||||
Kuehne + Nagel International AG, Registered Shares | 388 | 75,339 | ||||||
Scorpio Bulkers Inc. | 1,377 | 19,498 | ||||||
|
| |||||||
195,697 | ||||||||
Media — 0.7% | ||||||||
Altice USA, Inc., Class A(a)(b) | 3,073 | 79,898 | ||||||
Cable One, Inc. | 51 | 96,157 | ||||||
Cardlytics, Inc.(a)(b) | 2,919 | 205,994 | ||||||
Charter Communications, Inc., Class A(a) | 267 | 166,699 | ||||||
Cheil Worldwide, Inc. | 1,481 | 26,529 | ||||||
Comcast Corp., Class A | 24,121 | 1,115,837 | ||||||
Daily Journal Corp.(a) | 49 | 11,858 | ||||||
Discovery, Inc., Class A(a)(b) | 37,704 | 820,816 | ||||||
Discovery, Inc., Class C(a) | 1,578 | 30,929 | ||||||
DISH Network Corp., Class A(a) | 593 | 17,215 | ||||||
Emerald Holding Inc. | 7,770 | 15,851 | ||||||
Entravision Communications Corp., Class A | 26,561 | 40,373 | ||||||
EW Scripps Co., Class A(b) | 5,291 | 60,529 | ||||||
Fox Corp., Class A | 921 | 25,631 | ||||||
iHeartMedia, Inc., Class A(a)(b) | 16,732 | 135,864 | ||||||
Informa PLC(a) | 6,129 | 29,705 | ||||||
Interpublic Group of Cos., Inc. | 15,263 | 254,434 | ||||||
Liberty Media Corp. - Liberty SiriusXM, | 20 | 663 | ||||||
Marchex, Inc., Class B(a) | 2,295 | 4,865 | ||||||
McClatchy Co., Class A(a) | 3,156 | 122 | ||||||
MDC Partners, Inc.(a) | 16,546 | 26,639 | ||||||
Meredith Corp. | 3,146 | 41,276 | ||||||
MSG Networks, Inc., Class A(a) | 1,391 | 13,312 | ||||||
MultiChoice Group | 16,792 | 96,998 | ||||||
Nexstar Media Group, Inc., Class A | 3,338 | 300,186 | ||||||
Omnicom Group, Inc. | 592 | 29,304 | ||||||
Pearson PLC | 3,361 | 23,842 | ||||||
Publicis Groupe SA | 366 | 11,796 | ||||||
Scholastic Corp. | 1,671 | 35,074 | ||||||
Sirius XM Holdings, Inc.(b) | 70,416 | 377,430 | ||||||
TechTarget, Inc.(a) | 5,245 | 230,570 | ||||||
TEGNA, Inc. | 16,438 | 193,147 |
Security | Shares | Value | ||||||
Media (continued) | ||||||||
Townsquare Media, Inc., Class A | 5,418 | $ | 25,248 | |||||
ViacomCBS, Inc., Class B(b) | 4,482 | 125,541 | ||||||
WPP PLC | 4,380 | 34,400 | ||||||
|
| |||||||
4,704,732 | ||||||||
Metals & Mining — 1.7% | ||||||||
Alcoa Corp.(a) | 5,258 | 61,151 | ||||||
Anglo American Platinum Ltd. | 4,587 | 317,581 | ||||||
Anglo American PLC | 22,752 | 550,546 | ||||||
AngloGold Ashanti Ltd. | 9,551 | 249,851 | ||||||
ArcelorMittal SA(a) | 2,844 | 37,835 | ||||||
Baoshan Iron & Steel Co. Ltd., Class A | 405,360 | 299,086 | ||||||
BlueScope Steel Ltd. | 1,931 | 17,792 | ||||||
Boliden AB | 304 | 9,020 | ||||||
Caledonia Mining Corp. PLC | 3,168 | 53,824 | ||||||
Carpenter Technology Corp. | 2,634 | 47,833 | ||||||
Cia Siderurgica Nacional SA, ADR(b) | 37,980 | 111,661 | ||||||
Cleveland-Cliffs, Inc.(b) | 39,097 | 251,003 | ||||||
Coeur Mining, Inc.(a) | 11,210 | 82,730 | ||||||
Commercial Metals Co. | 7,847 | 156,783 | ||||||
Compass Minerals International, Inc. | 851 | 50,507 | ||||||
Evraz PLC | 10,727 | 47,766 | ||||||
Fortescue Metals Group Ltd. | 6,189 | 72,709 | ||||||
Gerdau SA, ADR(b) | 58,980 | 218,226 | ||||||
Glencore PLC(a) | 31,717 | 65,755 | ||||||
Gold Fields Ltd. | 43,312 | 529,862 | ||||||
Gold Resource Corp. | 4,183 | 14,264 | ||||||
Hecla Mining Co. | 16,854 | 85,618 | ||||||
Hitachi Metals Ltd. | 700 | 10,794 | ||||||
Hochschild Mining PLC(a) | 52,450 | 147,899 | ||||||
Industrias Penoles SAB de C.V | 3 | 48 | ||||||
JFE Holdings, Inc.(a) | 1,900 | 13,303 | ||||||
Kaiser Aluminum Corp. | 168 | 9,003 | ||||||
Korea Zinc Co. Ltd. | 505 | 162,985 | ||||||
Kumba Iron Ore Ltd. | 3,634 | 107,349 | ||||||
Magnitogorsk Iron & Steel Works PJSC | 517,577 | 256,893 | ||||||
Materion Corp. | 2,800 | 145,684 | ||||||
Mitsubishi Materials Corp. | 1,400 | 27,589 | ||||||
MMC Norilsk Nickel PJSC | 3,325 | 803,169 | ||||||
MMC Norilsk Nickel PJSC, ADR | 4,743 | 114,416 | ||||||
Nippon Steel Corp.(a) | 2,700 | 25,489 | ||||||
Novagold Resources, Inc.(a) | 29,780 | 354,084 | ||||||
Novolipetsk Steel PJSC | 8,942 | 19,741 | ||||||
Nucor Corp. | 7,605 | 341,160 | ||||||
Olympic Steel, Inc. | 3,046 | 34,603 | ||||||
POSCO | 9,342 | 1,563,978 | ||||||
Reliance Steel & Aluminum Co. | 1,503 | 153,366 | ||||||
Rio Tinto Ltd. | 2,017 | 137,764 | ||||||
Rio Tinto PLC | 4,225 | 254,228 | ||||||
Ryerson Holding Corp.(a) | 10,684 | 61,219 | ||||||
Schnitzer Steel Industries, Inc., Class A(b) | 19,431 | 373,658 | ||||||
Severstal PJSC | 12,036 | 153,396 | ||||||
Steel Dynamics, Inc. | 14,214 | 406,947 | ||||||
SunCoke Energy, Inc. | 11,509 | 39,361 | ||||||
TimkenSteel Corp.(a) | 15,164 | 53,832 | ||||||
Vale SA | 127,859 | 1,345,776 | ||||||
Vale SA, ADR | 33,801 | 357,615 | ||||||
voestalpine AG | 380 | 10,015 |
M A S T E R P O R T F O L I O S C H E D U L E O F I N V E S T M E N T S | 17 |
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Metals & Mining (continued) | ||||||||
Worthington Industries, Inc. | 9,042 | $ | 368,733 | |||||
Yintai Gold Co. Ltd., Class A | 44,100 | 68,789 | ||||||
|
| |||||||
11,254,289 | ||||||||
Mortgage Real Estate Investment Trusts (REITs) — 0.2% | ||||||||
AGNC Investment Corp. | 2,631 | 36,597 | ||||||
Annaly Capital Management, Inc. | 7,364 | 52,432 | ||||||
Apollo Commercial Real Estate Finance, Inc. | 7,306 | 65,827 | ||||||
Arbor Realty Trust, Inc.(b) | 14,391 | 165,065 | ||||||
ARMOUR Residential REIT, Inc. | 1,915 | 18,212 | ||||||
Blackstone Mortgage Trust, Inc., Class A(b) | 7,560 | 166,093 | ||||||
Capstead Mortgage Corp. | 3,121 | 17,540 | ||||||
Cherry Hill Mortgage Investment Corp. | 2,618 | 23,510 | ||||||
Colony Credit Real Estate, Inc. | 8,843 | 43,419 | ||||||
Ellington Financial, Inc. | 2,677 | 32,820 | ||||||
Exantas Capital Corp. | 8,787 | 18,365 | ||||||
Granite Point Mortgage Trust, Inc. | 6,160 | 43,674 | ||||||
Great Ajax Corp. | 5,007 | 41,508 | ||||||
Hannon Armstrong Sustainable Infrastructure Capital, Inc.(b) | 3,193 | 134,968 | ||||||
Ladder Capital Corp. | 10,789 | 76,818 | ||||||
MFA Financial, Inc. | 17,347 | 46,490 | ||||||
New York Mortgage Trust, Inc.(b) | 17,351 | 44,245 | ||||||
Redwood Trust, Inc. | 4,301 | 32,343 | ||||||
TPG RE Finance Trust, Inc. | 5,919 | 50,075 | ||||||
Two Harbors Investment Corp. | 22,786 | 115,981 | ||||||
Western Asset Mortgage Capital Corp.(b) | 8,637 | 17,619 | ||||||
|
| |||||||
1,243,601 | ||||||||
Multiline Retail — 0.2% | ||||||||
Big Lots, Inc.(b) | 4,800 | 214,080 | ||||||
Dillard’s, Inc., Class A(b) | 783 | 28,595 | ||||||
Dollar General Corp. | 1,558 | 326,588 | ||||||
Dollar Tree, Inc.(a) | 2,974 | 271,645 | ||||||
Kohl’s Corp. | 4,267 | 79,068 | ||||||
Nordstrom, Inc.(b) | 15,335 | 182,793 | ||||||
Target Corp. | 2,822 | 444,239 | ||||||
|
| |||||||
1,547,008 | ||||||||
Multi-Utilities — 0.5% | ||||||||
Ameren Corp. | 1,815 | 143,530 | ||||||
Avista Corp. | 8,072 | 275,417 | ||||||
Black Hills Corp. | 6,269 | 335,329 | ||||||
CMS Energy Corp. | 22,972 | 1,410,710 | ||||||
Consolidated Edison, Inc. | 8,753 | 680,983 | ||||||
E.ON SE | 7,159 | 78,909 | ||||||
Engie SA(a) | 5,064 | 67,673 | ||||||
National Grid PLC | 12,035 | 138,236 | ||||||
NorthWestern Corp. | 2,925 | 142,272 | ||||||
Public Service Enterprise Group, Inc. | 838 | 46,015 | ||||||
Sempra Energy | 194 | 22,962 | ||||||
Suez SA | 746 | 13,784 | ||||||
Veolia Environnement SA | 1,366 | 29,473 | ||||||
|
| |||||||
3,385,293 | ||||||||
Oil, Gas & Consumable Fuels — 2.4% | ||||||||
Antero Resources Corp.(a)(b) | 21,342 | 58,691 | ||||||
Ardmore Shipping Corp. | 13,146 | 46,800 | ||||||
BP PLC | 54,799 | 158,478 | ||||||
Brigham Minerals, Inc., Class A | 8,597 | 76,685 | ||||||
Cabot Oil & Gas Corp.(b) | 2,467 | 42,827 | ||||||
Cheniere Energy, Inc.(a) | 1,709 | 79,075 | ||||||
Chevron Corp. | 13,950 | 1,004,400 | ||||||
CNOOC Ltd. | 801,000 | 770,464 |
Security | Shares | Value | ||||||
Oil, Gas & Consumable Fuels (continued) | ||||||||
CNX Resources Corp.(a)(b) | 10,576 | $ | 99,837 | |||||
Concho Resources, Inc. | 4,366 | 192,628 | ||||||
ConocoPhillips(b) | 17,562 | 576,736 | ||||||
Continental Resources, Inc.(b) | 7,687 | 94,396 | ||||||
CVR Energy, Inc.(b) | 10,703 | 132,503 | ||||||
Delek US Holdings, Inc. | 19,899 | 221,476 | ||||||
Devon Energy Corp. | 3,271 | 30,944 | ||||||
DHT Holdings, Inc. | 7,819 | 40,346 | ||||||
Diamondback Energy, Inc. | 1,077 | 32,439 | ||||||
ENEOS Holdings, Inc. | 8,100 | 28,900 | ||||||
Eni SpA | 10,648 | 83,225 | ||||||
EOG Resources, Inc. | 16,214 | 582,731 | ||||||
Evolution Petroleum Corp.(b) | 44,178 | 98,959 | ||||||
Exxon Mobil Corp. | 19,733 | 677,434 | ||||||
Falcon Minerals Corp. | 5,460 | 13,322 | ||||||
Frontline Ltd.(b) | 4,603 | 29,920 | ||||||
Galp Energia SGPS SA | 1,515 | 14,052 | ||||||
GasLog Ltd.(b) | 13,647 | 36,983 | ||||||
Gazprom PJSC | 38,636 | 84,584 | ||||||
Golar LNG Ltd.(a)(b) | 10,660 | 64,546 | ||||||
Green Plains, Inc.(a) | 4,480 | 69,350 | ||||||
Grupa Lotos SA | 7,219 | 64,391 | ||||||
GS Holdings Corp. | 2,707 | 71,671 | ||||||
Hess Corp. | 2,436 | 99,706 | ||||||
Hess Midstream LP, Class A(b) | 2,378 | 35,908 | ||||||
Idemitsu Kosan Co. Ltd. | 500 | 10,675 | ||||||
Inpex Corp. | 3,000 | 16,099 | ||||||
International Seaways, Inc. | 927 | 13,544 | ||||||
Kinder Morgan, Inc. | 23,076 | 284,527 | ||||||
Kosmos Energy Ltd. | 17,850 | 17,414 | ||||||
Lukoil PJSC, ADR | 16,029 | 926,170 | ||||||
LUKOIL PJSC | 33,184 | 1,906,526 | ||||||
Magnolia Oil & Gas Corp., Class A(a)(b) | 16,608 | 85,863 | ||||||
Marathon Oil Corp. | 16,590 | 67,853 | ||||||
Marathon Petroleum Corp. | 4,476 | 131,326 | ||||||
Matador Resources Co.(a)(b) | 9,206 | 76,042 | ||||||
MOL Hungarian Oil & Gas PLC(a) | 24,229 | 131,881 | ||||||
Neste OYJ | 1,146 | 60,348 | ||||||
Noble Energy, Inc. | 20,476 | 175,070 | ||||||
Nordic American Tankers Ltd.(b) | 16,999 | 59,327 | ||||||
Novatek PJSC, GDR | 3,371 | 461,438 | ||||||
Occidental Petroleum Corp. | 6,311 | 63,173 | ||||||
Occidental Petroleum Corp.(a) | 362 | 1,086 | ||||||
Oil Search Ltd. | 3,792 | 7,253 | ||||||
OMV AG(a) | 776 | 21,232 | ||||||
ONEOK, Inc. | 8,407 | 218,414 | ||||||
Ovintiv Inc.(b) | 16,364 | 133,530 | ||||||
Par Pacific Holdings, Inc.(a) | 16,223 | 109,830 | ||||||
PBF Energy, Inc., Class A | 28,143 | 160,134 | ||||||
PDC Energy, Inc.(a) | 8,415 | 104,304 | ||||||
PetroChina Co. Ltd., ADR | 2,535 | 74,630 | ||||||
PetroChina Co. Ltd., Class H | 1,916,000 | 563,834 | ||||||
Petroleo Brasileiro SA, ADR, Preference Shares | 22,991 | 161,857 | ||||||
Phillips 66 | 6,989 | 362,310 | ||||||
Pioneer Natural Resources Co. | 893 | 76,789 | ||||||
Polski Koncern Naftowy ORLEN SA | 28,669 | 340,247 | ||||||
Polskie Gornictwo Naftowe i Gazownictwo SA | 25,406 | 33,179 | ||||||
Prima Marine PCL, NVDR | 200,500 | 58,492 | ||||||
Range Resources Corp. | 7,468 | 49,438 | ||||||
Reliance Industries Ltd. | 25,248 | 765,719 | ||||||
Renewable Energy Group, Inc.(a) | 831 | 44,392 | ||||||
Repsol SA | 6,960 | 47,019 |
18 |
|
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Oil, Gas & Consumable Fuels (continued) | ||||||||
Santos Ltd. | 2,665 | $ | 9,423 | |||||
Scorpio Tankers, Inc.(b) | 7,091 | 78,497 | ||||||
SFL Corp. Ltd.(b) | 15,633 | 117,091 | ||||||
Southwestern Energy Co.(a)(b) | 12,104 | 28,444 | ||||||
Talos Energy, Inc.(a) | 9,785 | 63,113 | ||||||
Tatneft PJSC | 68,669 | 407,399 | ||||||
Teekay Corp.(a)(b) | 6,885 | 15,354 | ||||||
Teekay Tankers Ltd., Class A(a) | 881 | 9,550 | ||||||
Total SA | 6,494 | 223,021 | ||||||
Ultrapar Participacoes SA | 65,164 | 223,599 | ||||||
Valero Energy Corp. | 7,187 | 311,341 | ||||||
W&T Offshore, Inc.(a) | 16,967 | 30,541 | ||||||
Williams Cos., Inc. | 14,310 | 281,192 | ||||||
Woodside Petroleum Ltd. | 2,497 | 31,692 | ||||||
World Fuel Services Corp. | 2,463 | 52,191 | ||||||
|
| |||||||
15,417,820 | ||||||||
Paper & Forest Products — 0.1% | ||||||||
Boise Cascade Co. | 12,165 | 485,627 | ||||||
Louisiana-Pacific Corp. | 4,337 | 127,985 | ||||||
Mondi PLC | 224 | 4,736 | ||||||
Neenah, Inc. | 1,232 | 46,163 | ||||||
Stora Enso OYJ, B Shares | 2,261 | 35,389 | ||||||
UPM-Kymmene OYJ | 2,151 | 65,470 | ||||||
|
| |||||||
765,370 | ||||||||
Personal Products — 0.3% | ||||||||
Beiersdorf AG | 69 | 7,834 | ||||||
BellRing Brands, Inc., Class A(a) | 1,078 | 22,358 | ||||||
Coty, Inc., Class A | 32,607 | 88,039 | ||||||
Dabur India Ltd. | 118,648 | 822,428 | ||||||
Edgewell Personal Care Co.(a)(b) | 2,773 | 77,311 | ||||||
elf Beauty, Inc.(a) | 3,767 | 69,200 | ||||||
Estee Lauder Cos., Inc., Class A | 628 | 137,061 | ||||||
Kao Corp. | 1,000 | 75,071 | ||||||
Kose Corp. | 100 | 12,244 | ||||||
L’Oreal SA | 484 | 157,507 | ||||||
Medifast, Inc. | 528 | 86,830 | ||||||
Natural Health Trends Corp. | 3 | 17 | ||||||
Shiseido Co. Ltd. | 1,000 | 57,890 | ||||||
Unilever NV | 3,281 | 199,246 | ||||||
Unilever PLC | 2,449 | 150,988 | ||||||
USANA Health Sciences, Inc.(a) | 587 | 43,233 | ||||||
|
| |||||||
2,007,257 | ||||||||
Pharmaceuticals — 2.3% | ||||||||
Aerie Pharmaceuticals, Inc.(a) | 5,233 | 61,592 | ||||||
AMAG Pharmaceuticals, Inc.(a) | 2,049 | 19,261 | ||||||
Amneal Pharmaceuticals, Inc.(a)(b) | 15,093 | 58,561 | ||||||
Amphastar Pharmaceuticals, Inc.(a) | 14,775 | 277,031 | ||||||
Arvinas, Inc.(a) | 2,668 | 62,991 | ||||||
Astellas Pharma, Inc. | 5,100 | 76,024 | ||||||
AstraZeneca PLC | 3,218 | 351,613 | ||||||
Axsome Therapeutics, Inc.(a)(b) | 1,433 | 102,101 | ||||||
Bristol-Myers Squibb Co. | 11,253 | 678,443 | ||||||
Cara Therapeutics, Inc.(a)(b) | 2,826 | 35,961 | ||||||
Catalent, Inc.(a) | 741 | 63,474 | ||||||
China Medical System Holdings Ltd. | 47,000 | 52,006 | ||||||
China Resources Pharmaceutical Group Ltd.(c) | 187,500 | 96,689 | ||||||
Chugai Pharmaceutical Co. Ltd. | 1,800 | 80,776 | ||||||
Corcept Therapeutics, Inc.(a) | 2,976 | 51,797 | ||||||
CSPC Pharmaceutical Group Ltd. | 347,200 | 677,751 | ||||||
Daiichi Sankyo Co. Ltd. | 4,200 | 128,931 |
Security | Shares | Value | ||||||
Pharmaceuticals (continued) | ||||||||
Eisai Co. Ltd. | 600 | $ | 54,799 | |||||
Eli Lilly & Co. | 1,557 | 230,467 | ||||||
Endo International PLC(a) | 12,106 | 39,950 | ||||||
GlaxoSmithKline PLC | 14,393 | 269,833 | ||||||
H Lundbeck A/S | 173 | 5,698 | ||||||
Hikma Pharmaceuticals PLC | 300 | 10,055 | ||||||
Horizon Therapeutics PLC(a) | 982 | 76,282 | ||||||
Hypera SA | 35,025 | 185,980 | ||||||
Innoviva, Inc.(a) | 8,937 | 93,392 | ||||||
Intersect ENT, Inc.(a) | 4,921 | 80,262 | ||||||
Ipca Laboratories Ltd. | 3,398 | 100,027 | ||||||
Johnson & Johnson | 19,883 | 2,960,181 | ||||||
Kalbe Farma Tbk PT | 376,500 | 39,339 | ||||||
Kyowa Kirin Co. Ltd. | 600 | 17,074 | ||||||
Merck & Co., Inc. | 21,840 | 1,811,628 | ||||||
Merck KGaA | 388 | 56,567 | ||||||
MyoKardia, Inc.(a) | 2,777 | 378,588 | ||||||
NGM Biopharmaceuticals, Inc.(a) | 6,334 | 100,774 | ||||||
Novo Nordisk A/S, Class B | 4,898 | 339,356 | ||||||
Omeros Corp.(a)(b) | 5,963 | 60,256 | ||||||
Ono Pharmaceutical Co. Ltd. | 500 | 15,727 | ||||||
Optinose, Inc.(a) | 4,371 | 17,047 | ||||||
Orion OYJ, Class B | 343 | 15,540 | ||||||
Otsuka Holdings Co. Ltd. | 900 | 38,129 | ||||||
Pacira BioSciences, Inc.(a) | 2,220 | 133,466 | ||||||
Pfizer, Inc. | 38,094 | 1,398,050 | ||||||
Prestige Consumer Healthcare, Inc.(a)(b) | 9,033 | 328,982 | ||||||
Provention Bio Inc.(a)(b) | 4,088 | 52,449 | ||||||
Recordati Industria Chimica e Farmaceutica SpA | 365 | 18,697 | ||||||
Revance Therapeutics, Inc.(a) | 2,180 | 54,805 | ||||||
Roche Holding AG | 1,870 | 640,551 | ||||||
Sanofi | 2,683 | 268,868 | ||||||
Shionogi & Co. Ltd. | 700 | 37,467 | ||||||
Sino Biopharmaceutical Ltd. | 409,000 | 447,873 | ||||||
Supernus Pharmaceuticals, Inc.(a)(b) | 13,042 | 271,795 | ||||||
Takeda Pharmaceutical Co. Ltd. | 4,000 | 142,972 | ||||||
Theravance Biopharma, Inc.(a) | 4,678 | 69,164 | ||||||
UCB SA | 263 | 29,870 | ||||||
Vifor Pharma AG | 214 | 29,109 | ||||||
VYNE Therapeutics, Inc.(a) | 6,748 | 11,202 | ||||||
WaVe Life Sciences Ltd.(a) | 1,773 | 15,053 | ||||||
Zoetis, Inc. | 4,923 | 814,116 | ||||||
Zogenix, Inc.(a)(b) | 2,058 | 36,900 | ||||||
|
| |||||||
14,673,342 | ||||||||
Professional Services — 0.7% | ||||||||
Adecco Group AG, Registered Shares | 824 | 43,479 | ||||||
ASGN, Inc.(a) | 5,122 | 325,554 | ||||||
Bureau Veritas SA(a) | 1,122 | 25,291 | ||||||
CoStar Group, Inc.(a) | 155 | 131,519 | ||||||
CRA International, Inc. | 1,650 | 61,826 | ||||||
Equifax, Inc. | 743 | 116,577 | ||||||
Experian PLC | 4,407 | 165,590 | ||||||
Exponent, Inc. | 4,027 | 290,065 | ||||||
Forrester Research, Inc.(a) | 4,288 | 140,604 | ||||||
Franklin Covey Co.(a) | 7,625 | 135,268 | ||||||
Huron Consulting Group, Inc.(a) | 2,427 | 95,454 | ||||||
ICF International, Inc. | 1,397 | 85,957 | ||||||
IHS Markit Ltd. | 1,794 | 140,847 | ||||||
Insperity, Inc. | 4,151 | 271,849 | ||||||
Intertek Group PLC | 294 | 23,989 | ||||||
Kforce, Inc. | 8,445 | 271,676 |
M A S T E R P O R T F O L I O S C H E D U L E O F I N V E S T M E N T S | 19 |
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Professional Services (continued) | ||||||||
Nielsen Holdings PLC | 2,438 | $ | 34,571 | |||||
Recruit Holdings Co. Ltd. | 3,600 | 142,975 | ||||||
RELX PLC | 7,868 | 175,126 | ||||||
Resources Connection, Inc. | 2,264 | 26,149 | ||||||
Robert Half International, Inc. | 4,783 | 253,212 | ||||||
SGS SA, Registered Shares | 30 | 80,395 | ||||||
TransUnion | 1,013 | 85,224 | ||||||
TriNet Group, Inc.(a) | 3,582 | 212,484 | ||||||
Upwork, Inc.(a) | 1,801 | 31,409 | ||||||
Verisk Analytics, Inc. | 3,801 | 704,363 | ||||||
Wolters Kluwer NV | 1,917 | 163,525 | ||||||
|
| |||||||
4,234,978 | ||||||||
Real Estate Management & Development — 0.5% | ||||||||
Aldar Properties PJSC | 82,096 | 45,309 | ||||||
Aroundtown SA(a) | 3,361 | 16,872 | ||||||
CBRE Group, Inc., Class A(a) | 767 | 36,026 | ||||||
China Overseas Land & Investment Ltd. | 34,000 | 85,883 | ||||||
CK Asset Holdings Ltd. | 9,500 | 46,681 | ||||||
Cushman & Wakefield PLC(a)(b) | 21,762 | 228,719 | ||||||
Daito Trust Construction Co. Ltd. | 200 | 17,729 | ||||||
Daiwa House Industry Co. Ltd. | 1,800 | 46,165 | ||||||
Deutsche Wohnen SE | 661 | 33,036 | ||||||
Emaar Properties PJSC(a) | 94,788 | 72,796 | ||||||
Fathom Holdings Inc.(a) | 1,144 | 18,007 | ||||||
FRP Holdings, Inc.(a) | 2,619 | 109,134 | ||||||
Hemisphere Properties India Ltd.(a) | 27,195 | 56,753 | ||||||
Henderson Land Development Co. Ltd. | 9,000 | 33,418 | ||||||
Hongkong Land Holdings Ltd. | 2,900 | 10,804 | ||||||
Hulic Co. Ltd. | 900 | 8,445 | ||||||
Jones Lang LaSalle, Inc. | 132 | 12,627 | ||||||
Kennedy-Wilson Holdings, Inc. | 25,130 | 364,888 | ||||||
LEG Immobilien AG | 132 | 18,815 | ||||||
Lendlease Corp Ltd. | 1,523 | 12,166 | ||||||
Marcus & Millichap, Inc.(a)(b) | 16,165 | 444,861 | ||||||
Mitsubishi Estate Co. Ltd. | 3,700 | 56,046 | ||||||
Mitsui Fudosan Co. Ltd. | 3,100 | 53,945 | ||||||
Multiplan Empreendimentos Imobiliarios SA | 14,356 | 49,669 | ||||||
New World Development Co. Ltd. | 2,000 | 9,763 | ||||||
Newmark Group, Inc., Class A | 5,116 | 22,101 | ||||||
RE/MAX Holdings, Inc., Class A | 9,459 | 309,593 | ||||||
Realogy Holdings Corp.(b) | 12,723 | 120,105 | ||||||
Redfin Corp.(a)(b) | 8,515 | 425,154 | ||||||
RMR Group, Inc., Class A | 4,809 | 132,103 | ||||||
Sino Land Co. Ltd. | 4,000 | 4,683 | ||||||
Sumitomo Realty & Development Co. Ltd. | 1,200 | 35,524 | ||||||
Sun Hung Kai Properties Ltd. | 4,500 | 57,989 | ||||||
Swire Pacific Ltd., Class A | 3,000 | 14,524 | ||||||
Swire Properties Ltd. | 3,000 | 7,949 | ||||||
Swiss Prime Site AG, Registered Shares | 421 | 38,235 | ||||||
Vonovia SE | 1,329 | 91,107 | ||||||
Wharf Real Estate Investment Co. Ltd.(b) | 6,000 | 24,594 | ||||||
|
| |||||||
3,172,218 | ||||||||
Road & Rail — 0.6% | ||||||||
AMERCO | 102 | 36,310 | ||||||
ArcBest Corp. | 551 | 17,114 | ||||||
Avis Budget Group, Inc.(a) | 4,262 | 112,176 | ||||||
Central Japan Railway Co. | 400 | 57,336 | ||||||
CJ Logistics Corp.(a) | 594 | 90,066 | ||||||
Covenant Logistics Group, Inc,, Class A(a) | 5,572 | 97,454 | ||||||
CSX Corp. | 8,615 | 669,127 | ||||||
Daseke, Inc.(a) | 3,795 | 20,379 |
Security | Shares | Value | ||||||
Road & Rail (continued) | ||||||||
East Japan Railway Co. | 600 | $ | 36,899 | |||||
Heartland Express, Inc. | 6,824 | 126,927 | ||||||
JB Hunt Transport Services, Inc. | 361 | 45,623 | ||||||
Kintetsu Group Holdings Co. Ltd. | 200 | 8,535 | ||||||
Knight-Swift Transportation Holdings, Inc. | 807 | 32,845 | ||||||
Landstar System, Inc. | 1,168 | 146,572 | ||||||
Lyft, Inc., Class A(a) | 1,507 | 41,518 | ||||||
Marten Transport Ltd. | 10,381 | 169,418 | ||||||
Norfolk Southern Corp. | 1,097 | 234,747 | ||||||
Old Dominion Freight Line, Inc. | 1,967 | 355,870 | ||||||
Saia, Inc.(a) | 2,036 | 256,821 | ||||||
Uber Technologies, Inc.(a) | 5,405 | 197,175 | ||||||
Union Pacific Corp. | 2,786 | 548,480 | ||||||
Universal Logistics Holdings, Inc. | 4,628 | 96,540 | ||||||
US Xpress Enterprises, Inc., Class A(a) | 1,956 | 16,157 | ||||||
Werner Enterprises, Inc. | 13,393 | 562,372 | ||||||
West Japan Railway Co. | 400 | 19,763 | ||||||
|
| |||||||
3,996,224 | ||||||||
Semiconductors & Semiconductor Equipment — 4.7% | ||||||||
Advanced Energy Industries, Inc.(a) | 1,728 | 108,760 | ||||||
Advanced Micro Devices, Inc.(a) | 6,091 | 499,401 | ||||||
Advantest Corp. | 500 | 24,320 | ||||||
Ambarella, Inc.(a) | 6,580 | 343,344 | ||||||
Analog Devices, Inc. | 6,359 | 742,350 | ||||||
Applied Materials, Inc. | 17,716 | 1,053,216 | ||||||
ASM Pacific Technology Ltd. | 1,300 | 13,308 | ||||||
ASML Holding NV | 1,275 | 470,950 | ||||||
ASPEED Technology, Inc. | 1,000 | 39,568 | ||||||
Axcelis Technologies, Inc.(a) | 977 | 21,494 | ||||||
Broadcom, Inc. | 1,187 | 432,448 | ||||||
Brooks Automation, Inc. | 4,000 | 185,040 | ||||||
CEVA, Inc.(a) | 711 | 27,992 | ||||||
Cirrus Logic, Inc.(a) | 10,875 | 733,519 | ||||||
CMC Materials, Inc. | 1,138 | 162,518 | ||||||
Disco Corp. | 200 | 48,901 | ||||||
DSP Group, Inc.(a) | 347 | 4,573 | ||||||
Faraday Technology Corp. | 134,000 | 204,856 | ||||||
FormFactor, Inc.(a) | 9,330 | 232,597 | ||||||
Ichor Holdings Ltd.(a) | 3,679 | 79,356 | ||||||
Infineon Technologies AG, Class N | 2,833 | 79,850 | ||||||
Inphi Corp.(a) | 1,582 | 177,579 | ||||||
Intel Corp. | 50,831 | 2,632,029 | ||||||
King Yuan Electronics Co. Ltd. | 93,000 | 98,555 | ||||||
KLA Corp. | 278 | 53,860 | ||||||
Lasertec Corp. | 200 | 16,440 | ||||||
Lattice Semiconductor Corp.(a)(b) | 4,524 | 131,015 | ||||||
Marvell Technology Group Ltd. | 1,047 | 41,566 | ||||||
Maxeon Solar Technologies Ltd.(a)(b) | 3,827 | 64,906 | ||||||
Maxim Integrated Products, Inc. | 266 | 17,984 | ||||||
MaxLinear, Inc.(a) | 5,997 | 139,370 | ||||||
MediaTek, Inc. | 55,000 | 1,165,393 | ||||||
Microchip Technology, Inc. | 355 | 36,480 | ||||||
Micron Technology, Inc.(a) | 2,394 | 112,422 | ||||||
Novatek Microelectronics Corp. | 42,000 | 387,419 | ||||||
NVIDIA Corp. | 7,033 | 3,806,400 | ||||||
NXP Semiconductors NV | 591 | 73,763 | ||||||
Onto Innovation, Inc.(a) | 3,138 | 93,450 | ||||||
Parade Technologies Ltd. | 21,000 | 767,761 | ||||||
Photronics, Inc.(a) | 10,877 | 108,335 | ||||||
Power Integrations, Inc. | 6,490 | 359,546 | ||||||
Qorvo, Inc.(a) | 119 | 15,352 | ||||||
QUALCOMM, Inc. | 3,320 | 390,698 |
20 |
|
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Semiconductors & Semiconductor Equipment (continued) | ||||||||
Rambus, Inc.(a) | 12,013 | $ | 164,458 | |||||
Realtek Semiconductor Corp. | 56,000 | 717,827 | ||||||
Renesas Electronics Corp.(a) | 1,400 | 10,276 | ||||||
Semtech Corp.(a) | 5,788 | 306,532 | ||||||
SG Micro Corp., Class A | 3,542 | 156,935 | ||||||
Silicon Laboratories, Inc.(a) | 4,453 | 435,726 | ||||||
SiTime Corp.(a) | 326 | 27,394 | ||||||
Skyworks Solutions, Inc. | 133 | 19,352 | ||||||
STMicroelectronics NV | 1,171 | 35,915 | ||||||
SunPower Corp.(a)(b) | 2,149 | 26,884 | ||||||
Synaptics, Inc.(a) | 3,491 | 280,746 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd. | 616,000 | 9,267,145 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 19,270 | 1,562,219 | ||||||
Texas Instruments, Inc. | 6,074 | 867,306 | ||||||
Tokyo Electron Ltd. | 500 | 130,627 | ||||||
TongFu Microelectronics Co. Ltd.(a) | 17,600 | 59,731 | ||||||
Veeco Instruments, Inc.(a) | 3,115 | 36,352 | ||||||
Xilinx, Inc. | 313 | 32,627 | ||||||
|
| |||||||
30,336,736 | ||||||||
Software — 5.4% | ||||||||
8x8, Inc.(a) | 20,406 | 317,313 | ||||||
A10 Networks, Inc.(a) | 5,819 | 37,067 | ||||||
ACI Worldwide, Inc.(a)(b) | 9,237 | 241,363 | ||||||
Adobe, Inc.(a) | 5,660 | 2,775,834 | ||||||
Alarm.com Holdings, Inc.(a) | 4,774 | 263,763 | ||||||
Altair Engineering, Inc., Class A(a) | 5,570 | 233,829 | ||||||
ANSYS, Inc.(a) | 143 | 46,794 | ||||||
Appfolio, Inc., Class A(a)(b) | 2,213 | 313,826 | ||||||
Appian Corp.(a)(b) | 1,926 | 124,708 | ||||||
Autodesk, Inc.(a) | 585 | 135,141 | ||||||
Avalara, Inc.(a) | 263 | 33,490 | ||||||
Avaya Holdings Corp.(a) | 5,299 | 80,545 | ||||||
Benefitfocus, Inc.(a) | 6,482 | 72,598 | ||||||
Blackbaud, Inc. | 4,064 | 226,893 | ||||||
Blackline, Inc.(a)(b) | 1,847 | 165,547 | ||||||
Bottomline Technologies DE, Inc.(a) | 5,898 | 248,660 | ||||||
Box, Inc., Class A(a) | 18,852 | 327,271 | ||||||
Cadence Design Systems, Inc.(a)(b) | 5,036 | 536,989 | ||||||
Cerence, Inc.(a)(b) | 3,045 | 148,809 | ||||||
Citrix Systems, Inc. | 349 | 48,061 | ||||||
Cloudera, Inc.(a) | 13,116 | 142,833 | ||||||
CommVault Systems, Inc.(a) | 3,828 | 156,182 | ||||||
Coupa Software, Inc.(a)(b) | 208 | 57,042 | ||||||
Crowdstrike Holdings, Inc., Class A(a) | 460 | 63,167 | ||||||
Dassault Systemes SE | 424 | 79,111 | ||||||
Datadog Inc., Class A(a) | 331 | 33,815 | ||||||
Digital Turbine, Inc.(a) | 4,590 | 150,277 | ||||||
DocuSign, Inc.(a)(b) | 541 | 116,445 | ||||||
Domo, Inc., Class B(a) | 1,636 | 62,708 | ||||||
Dropbox, Inc., Class A(a)(b) | 370 | 7,126 | ||||||
Dynatrace, Inc.(a)(b) | 243 | 9,968 | ||||||
Everbridge, Inc.(a)(b) | 887 | 111,522 | ||||||
Fair Isaac Corp.(a) | 36 | 15,314 | ||||||
Five9, Inc.(a)(b) | 2,235 | 289,835 | ||||||
Fortinet, Inc.(a) | 405 | 47,713 | ||||||
Guidewire Software, Inc.(a)(b) | 125 | 13,034 | ||||||
HubSpot, Inc.(a) | 449 | 131,211 | ||||||
Intuit, Inc. | 2,328 | 759,417 | ||||||
j2 Global, Inc.(a)(b) | 3,036 | 210,152 | ||||||
Kingdee International Software Group Co. Ltd.(a) | 95,000 | 247,789 | ||||||
Kingsoft Corp. Ltd. | 48,000 | 241,826 | ||||||
LivePerson, Inc.(a) | 5,091 | 264,681 |
Security | Shares | Value | ||||||
Software (continued) | ||||||||
Microsoft Corp. | 65,831 | $ | 13,846,234 | |||||
MicroStrategy, Inc., Class A(a) | 1,030 | 155,077 | ||||||
Mimecast Ltd.(a) | 713 | 33,454 | ||||||
Model N, Inc.(a) | 6,194 | 218,524 | ||||||
NortonLifeLock, Inc. | 1,003 | 20,902 | ||||||
Oracle Corp. | 7,218 | 430,915 | ||||||
Palo Alto Networks, Inc.(a) | 127 | 31,083 | ||||||
Paycom Software, Inc.(a) | 123 | 38,290 | ||||||
Paylocity Holding Corp.(a)(b) | 809 | 130,589 | ||||||
Ping Identity Holding Corp.(a) | 2,081 | 64,948 | ||||||
Progress Software Corp. | 4,698 | 172,323 | ||||||
PROS Holdings, Inc.(a) | 6,920 | 221,025 | ||||||
Q2 Holdings, Inc.(a) | 2,233 | 203,784 | ||||||
QAD, Inc., Class A | 3,018 | 127,360 | ||||||
Qualys, Inc.(a)(b) | 6,662 | 652,943 | ||||||
Rapid7, Inc.(a)(b) | 5,248 | 321,387 | ||||||
Rimini Street, Inc.(a) | 3,428 | 11,038 | ||||||
RingCentral, Inc., Class A(a) | 1,714 | 470,682 | ||||||
SailPoint Technologies Holding, Inc.(a) | 4,442 | 175,770 | ||||||
salesforce.com, Inc.(a) | 12,626 | 3,173,166 | ||||||
SAP SE | 2,509 | 390,697 | ||||||
Sapiens International Corp. NV | 3,756 | 114,858 | ||||||
ServiceNow, Inc.(a) | 2,000 | 970,000 | ||||||
Slack Technologies, Inc., Class A(a)(b) | 1,159 | 31,131 | ||||||
Splunk, Inc.(a) | 463 | 87,104 | ||||||
Sprout Social Inc., Class A(a) | 1,363 | 52,475 | ||||||
SPS Commerce, Inc.(a) | 3,635 | 283,057 | ||||||
SS&C Technologies Holdings, Inc. | 333 | 20,153 | ||||||
Sumo Logic, Inc.(a) | 1,787 | 38,957 | ||||||
SVMK, Inc.(a) | 5,251 | 116,100 | ||||||
Synchronoss Technologies, Inc.(a)(b) | 11,580 | 34,856 | ||||||
Synopsys, Inc.(a) | 198 | 42,368 | ||||||
TeamViewer AG(a)(c) | 289 | 14,253 | ||||||
Telenav, Inc.(a) | 6,069 | 21,848 | ||||||
Temenos AG, Registered Shares(b) | 45 | 6,048 | ||||||
Thunder Software Technology Co. Ltd., Class A | 11,800 | 150,755 | ||||||
TOTVS SA | 49,960 | 241,086 | ||||||
Trade Desk, Inc., Class A(a) | 98 | 50,840 | ||||||
Trend Micro, Inc. | 200 | 12,188 | ||||||
Tyler Technologies, Inc.(a) | 77 | 26,839 | ||||||
Upland Software, Inc.(a)(b) | 880 | 33,176 | ||||||
Varonis Systems, Inc.(a) | 2,435 | 281,048 | ||||||
Verint Systems, Inc.(a) | 6,089 | 293,368 | ||||||
VMware, Inc., Class A(a)(b) | 5,239 | 752,687 | ||||||
Workday, Inc., Class A(a) | 551 | 118,537 | ||||||
Workiva, Inc.(a) | 653 | 36,411 | ||||||
Xperi Holding Corp. | 3,877 | 44,547 | ||||||
Yext, Inc.(a) | 16,755 | 254,341 | ||||||
Zoom Video Communications, Inc., Class A(a) | 971 | 456,477 | ||||||
Zscaler, Inc.(a) | 204 | 28,701 | ||||||
Zuora, Inc., Class A(a)(b) | 2,924 | 30,234 | ||||||
|
| |||||||
35,124,303 | ||||||||
Specialty Retail — 2.1% | ||||||||
Aaron’s, Inc. | 4,449 | 252,036 | ||||||
Abercrombie & Fitch Co., Class A | 5,126 | 71,405 | ||||||
Advance Auto Parts, Inc. | 530 | 81,355 | ||||||
American Eagle Outfitters, Inc.(b) | 14,453 | 214,049 | ||||||
America’s Car-Mart, Inc.(a) | 1,296 | 110,004 | ||||||
Asbury Automotive Group, Inc.(a) | 2,419 | 235,732 | ||||||
At Home Group, Inc.(a) | 7,944 | 118,048 | ||||||
AutoZone, Inc.(a) | 148 | 174,291 | ||||||
Bed Bath & Beyond, Inc. | 10,834 | 162,293 |
M A S T E R P O R T F O L I O S C H E D U L E O F I N V E S T M E N T S | 21 |
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Specialty Retail (continued) | ||||||||
Best Buy Co., Inc. | 3,013 | $ | 335,317 | |||||
Boot Barn Holdings, Inc.(a) | 2,011 | 56,589 | ||||||
Buckle, Inc.(b) | 10,791 | 220,028 | ||||||
Burlington Stores, Inc.(a) | 1,160 | 239,064 | ||||||
Camping World Holdings, Inc., Class A | 4,937 | 146,876 | ||||||
CarMax, Inc.(a) | 1,801 | 165,530 | ||||||
Com7 PCL, NVDR | 161,600 | 202,059 | ||||||
Conn’s, Inc.(a)(b) | 7,130 | 75,435 | ||||||
Container Store Group, Inc.(a) | 5,152 | 31,994 | ||||||
Designer Brands, Inc., Class A(b) | 16,575 | 90,002 | ||||||
Fast Retailing Co. Ltd. | 100 | 62,842 | ||||||
Five Below, Inc.(a) | 500 | 63,500 | ||||||
Foschini Group Ltd. | 31,758 | 155,506 | ||||||
Group 1 Automotive, Inc. | 826 | 73,010 | ||||||
Guess?, Inc.(b) | 8,359 | 97,132 | ||||||
Haverty Furniture Cos., Inc. | 915 | 19,160 | ||||||
Hennes & Mauritz AB, Class B | 414 | 7,132 | ||||||
Hibbett Sports, Inc.(a) | 1,122 | 44,005 | ||||||
Home Depot, Inc. | 13,587 | 3,773,246 | ||||||
Home Product Center PCL, NVDR | 1,344,000 | 612,754 | ||||||
Industria de Diseno Textil SA | 1,720 | 47,583 | ||||||
L Brands, Inc. | 1,108 | 35,245 | ||||||
Lithia Motors, Inc., Class A | 1,495 | 340,770 | ||||||
LMP Automotive Holdings Inc.(a) | 910 | 24,697 | ||||||
Lowe’s Cos., Inc. | 9,230 | 1,530,888 | ||||||
Lumber Liquidators Holdings, Inc.(a) | 872 | 19,228 | ||||||
MarineMax, Inc.(a) | 3,286 | 84,352 | ||||||
Monro, Inc. | 5,669 | 229,991 | ||||||
National Vision Holdings, Inc.(a)(b) | 2,536 | 96,977 | ||||||
ODP Corp. | 4,124 | 80,212 | ||||||
O’Reilly Automotive, Inc.(a) | 798 | 367,942 | ||||||
Rent-A-Center, Inc. | 5,521 | 165,023 | ||||||
RH(a) | 1,002 | 383,385 | ||||||
Ross Stores, Inc. | 4,437 | 414,061 | ||||||
Sally Beauty Holdings, Inc.(a) | 8,759 | 76,116 | ||||||
Shoe Carnival, Inc. | 2,232 | 74,951 | ||||||
Signet Jewelers Ltd.(b) | 2,926 | 54,716 | ||||||
Sleep Number Corp.(a) | 2,054 | 100,461 | ||||||
Sonic Automotive, Inc., Class A(b) | 1,254 | 50,361 | ||||||
Tiffany & Co. | 29 | 3,360 | ||||||
Tilly’s, Inc., Class A | 9,870 | 59,516 | ||||||
TJX Cos., Inc. | 19,010 | 1,057,906 | ||||||
Tractor Supply Co. | 558 | 79,984 | ||||||
Truworths International Ltd.(b) | 11,481 | 21,365 | ||||||
Urban Outfitters, Inc.(a)(b) | 9,959 | 207,247 | ||||||
Winmark Corp. | 23 | 3,960 | ||||||
Zumiez, Inc.(a) | 6,131 | 170,564 | ||||||
|
| |||||||
13,671,255 | ||||||||
Technology Hardware, Storage & Peripherals — 3.6% | ||||||||
Apple, Inc. | 123,648 | 14,319,675 | ||||||
Canon, Inc. | 4,100 | 68,005 | ||||||
Chicony Electronics Co. Ltd. | 66,000 | 192,677 | ||||||
Dell Technologies, Inc., Class C(a) | 869 | 58,823 | ||||||
Ennoconn Corp. | 5,491 | 44,237 | ||||||
FUJIFILM Holdings Corp. | 700 | 34,504 | ||||||
Gigabyte Technology Co. Ltd. | 124,000 | 325,551 | ||||||
Hewlett Packard Enterprise Co. | 45,848 | 429,596 | ||||||
HP, Inc. | 10,557 | 200,477 | ||||||
Lenovo Group Ltd. | 1,588,000 | 1,049,926 | ||||||
Logitech International SA, Registered Shares | 278 | 21,534 | ||||||
NetApp, Inc.(b) | 6,714 | 294,342 |
Security | Shares | Value | ||||||
Technology Hardware, Storage & Peripherals (continued) | ||||||||
Primax Electronics Ltd. | 143,000 | $ | 212,850 | |||||
Quanta Computer, Inc. | 339,000 | 890,196 | ||||||
Samsung Electronics Co. Ltd. | 98,941 | 4,911,840 | ||||||
Siemens Energy AG(a) | 1,095 | 29,528 | ||||||
Super Micro Computer Inc.(a) | 3,499 | 92,374 | ||||||
Western Digital Corp. | 797 | 29,130 | ||||||
Xiaomi Corp., Class B(a)(c) | 90,200 | 244,173 | ||||||
|
| |||||||
23,449,438 | ||||||||
Textiles, Apparel & Luxury Goods — 0.7% | ||||||||
adidas AG, Class N(a) | 348 | 112,384 | ||||||
ANTA Sports Products Ltd. | 33,000 | 344,402 | ||||||
Burberry Group PLC | 250 | 5,011 | ||||||
Crocs, Inc.(a)(b) | 4,937 | 210,958 | ||||||
Culp, Inc. | 5,173 | 64,249 | ||||||
Deckers Outdoor Corp.(a) | 2,132 | 469,061 | ||||||
EssilorLuxottica SA(a) | 618 | 84,132 | ||||||
Fossil Group, Inc.(a)(b) | 3,933 | 22,575 | ||||||
Hermes International | 38 | 32,728 | ||||||
Kering SA | 151 | 100,165 | ||||||
Levi Strauss & Co., Class A | 2,798 | 37,493 | ||||||
Lululemon Athletica, Inc.(a) | 2,403 | 791,476 | ||||||
LVMH Moet Hennessy Louis Vuitton SE | 584 | 273,254 | ||||||
Makalot Industrial Co. Ltd. | 33,000 | 196,068 | ||||||
NIKE, Inc., Class B | 5,539 | 695,366 | ||||||
Oxford Industries, Inc. | 5,558 | 224,321 | ||||||
Ralph Lauren Corp.(b) | 5,872 | 399,120 | ||||||
Skechers USA, Inc., Class A(a) | 646 | 19,522 | ||||||
Steven Madden Ltd. | 8,681 | 169,279 | ||||||
Swatch Group AG | 66 | 15,384 | ||||||
Wolverine World Wide, Inc. | 10,003 | 258,478 | ||||||
|
| |||||||
4,525,426 | ||||||||
Thrifts & Mortgage Finance — 0.6% | ||||||||
Bogota Financial Corp.(a)(b) | 2,400 | 18,288 | ||||||
Capitol Federal Financial, Inc. | 11,904 | 110,290 | ||||||
Essent Group Ltd. | 8,479 | 313,808 | ||||||
Federal Agricultural Mortgage Corp., Class C | 3,152 | 200,656 | ||||||
Flagstar Bancorp, Inc. | 5,555 | 164,595 | ||||||
Housing Development Finance Corp. Ltd. | 46,729 | 1,107,603 | ||||||
Merchants Bancorp | 4,766 | 93,938 | ||||||
Meridian Bancorp, Inc. | 7,296 | 75,514 | ||||||
New York Community Bancorp, Inc. | 10,018 | 82,849 | ||||||
Northwest Bancshares, Inc. | 15,443 | 142,076 | ||||||
OP Bancorp | 2,617 | 14,969 | ||||||
Premier Financial Corp. | 4,862 | 75,726 | ||||||
Provident Financial Services, Inc. | 4,563 | 55,669 | ||||||
Radian Group, Inc. | 17,300 | 252,753 | ||||||
Riverview Bancorp, Inc. | 55,229 | 229,200 | ||||||
Southern Missouri Bancorp, Inc. | 3,217 | 75,857 | ||||||
Territorial Bancorp, Inc. | 604 | 12,219 | ||||||
TFS Financial Corp. | 2,631 | 38,649 | ||||||
Timberland Bancorp, Inc. | 1,305 | 23,490 | ||||||
Walker & Dunlop, Inc. | 1,198 | 63,494 | ||||||
Washington Federal, Inc. | 14,335 | 299,028 | ||||||
Western New England Bancorp, Inc. | 9,066 | 51,041 | ||||||
WSFS Financial Corp. | 3,336 | 89,972 | ||||||
|
| |||||||
3,591,684 |
22 |
|
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Tobacco — 0.0% | ||||||||
ITC Ltd. | 75,649 | $ | 176,729 | |||||
Vector Group Ltd. | 2,656 | 25,737 | ||||||
|
| |||||||
202,466 | ||||||||
Trading Companies & Distributors — 0.7% | ||||||||
Applied Industrial Technologies, Inc. | 8,633 | 475,678 | ||||||
Ashtead Group PLC | 3,042 | 109,547 | ||||||
Barloworld Ltd. | 41,668 | 152,311 | ||||||
Beacon Roofing Supply, Inc.(a) | 879 | 27,311 | ||||||
BMC Stock Holdings, Inc.(a) | 5,233 | 224,129 | ||||||
Brenntag AG | 972 | 61,802 | ||||||
Bunzl PLC | 2,329 | 75,195 | ||||||
DXP Enterprises, Inc.(a) | 1,450 | 23,388 | ||||||
Fastenal Co. | 4,642 | 209,308 | ||||||
Ferguson PLC | 1,650 | 166,040 | ||||||
Foundation Building Materials, Inc.(a) | 14,326 | 225,205 | ||||||
GATX Corp.(b) | 4,872 | 310,590 | ||||||
GMS, Inc.(a) | 2,189 | 52,755 | ||||||
H&E Equipment Services, Inc. | 10,548 | 207,374 | ||||||
Herc Holdings, Inc.(a) | 4,894 | 193,851 | ||||||
ITOCHU Corp.(b) | 1,700 | 43,530 | ||||||
Marubeni Corp. | 16,200 | 91,974 | ||||||
Mitsubishi Corp. | 4,900 | 117,283 | ||||||
Mitsui & Co. Ltd. | 4,400 | 75,604 | ||||||
MRC Global, Inc.(a)(b) | 7,577 | 32,430 | ||||||
NOW, Inc.(a) | 4,239 | 19,245 | ||||||
Posco International Corp. | 3,808 | 43,484 | ||||||
Rush Enterprises, Inc., Class A | 810 | 40,937 | ||||||
SiteOne Landscape Supply, Inc.(a)(b) | 4,116 | 501,946 | ||||||
Sumitomo Corp. | 6,900 | 83,176 | ||||||
Titan Machinery, Inc.(a) | 3,289 | 43,513 | ||||||
Toyota Tsusho Corp. | 1,400 | 39,377 | ||||||
Transcat, Inc.(a) | 675 | 19,777 | ||||||
Triton International Ltd. | 1,198 | 48,723 | ||||||
W.W. Grainger, Inc. | 1,411 | 503,402 | ||||||
WESCO International, Inc.(a) | 2,534 | 111,547 | ||||||
|
| |||||||
4,330,432 | ||||||||
Transportation Infrastructure — 0.1% | ||||||||
Aeroports de Paris | 64 | 6,349 | ||||||
Atlantia SpA(a) | 1,008 | 15,786 | ||||||
CCR SA | 18,211 | 41,086 | ||||||
Fraport AG Frankfurt Airport Services Worldwide(a) | 390 | 15,355 | ||||||
Grupo Aeroportuario del Centro Norte SAB de | 36,942 | 169,661 | ||||||
Jiangsu Expressway Co. Ltd., Class H | 50,000 | 50,475 | ||||||
Malaysia Airports Holdings Bhd | 28,100 | 32,272 | ||||||
Transurban Group | 5,560 | 56,773 | ||||||
|
| |||||||
387,757 | ||||||||
Water Utilities — 0.1% | ||||||||
American States Water Co. | 2,552 | 191,272 | ||||||
American Water Works Co., Inc. | 333 | 48,245 | ||||||
California Water Service Group | 680 | 29,546 | ||||||
Cia de Saneamento de Minas Gerais-COPASA | 6,244 | 51,957 | ||||||
Guangdong Investment Ltd. | 70,000 | 111,299 | ||||||
Severn Trent PLC | 708 | 22,291 | ||||||
SJW Group(b) | 1,930 | 117,460 | ||||||
United Utilities Group PLC | 2,286 | 25,252 | ||||||
|
| |||||||
597,322 | ||||||||
Wireless Telecommunication Services — 0.6% | ||||||||
Advanced Info Service PCL, NVDR | 15,600 | 84,513 |
Security | Shares | Value | ||||||
Wireless Telecommunication Services (continued) | ||||||||
China Mobile Ltd. | 155,000 | $ | 994,989 | |||||
KDDI Corp. | 3,500 | 88,030 | ||||||
Maxis Bhd | 95,100 | 116,436 | ||||||
MTN Group Ltd. | 23,069 | 77,400 | ||||||
NTT DOCOMO, Inc. | 2,800 | 102,889 | ||||||
Shenandoah Telecommunications Co. | 3,928 | 174,541 | ||||||
SK Telecom Co. Ltd. | 4,479 | 910,497 | ||||||
Softbank Corp. | 4,500 | 50,284 | ||||||
SoftBank Group Corp. | 3,400 | 210,373 | ||||||
Spok Holdings, Inc. | 3,163 | 30,080 | ||||||
Taiwan Mobile Co. Ltd. | 2,000 | 6,685 | ||||||
Telephone & Data Systems, Inc. | 7,184 | 132,473 | ||||||
TIM Participacoes SA, ADR | 21,004 | 242,176 | ||||||
T-Mobile US, Inc.(a) | 5,632 | 644,075 | ||||||
United States Cellular Corp.(a) | 1,920 | 56,698 | ||||||
Vodafone Group PLC | 75,878 | 100,571 | ||||||
|
| |||||||
4,022,710 | ||||||||
|
| |||||||
Total Common Stocks — 86.8% | 562,999,406 | |||||||
|
| |||||||
Preferred Securities | ||||||||
Preferred Stocks — 0.3% | ||||||||
Automobiles — 0.0% | ||||||||
Bayerische Motoren Werke AG, Preference Shares | 382 | 20,877 | ||||||
|
| |||||||
Banks — 0.3% | ||||||||
Banco Bradesco SA, Preference Shares | 449,419 | 1,553,308 | ||||||
Itau Unibanco Holding SA, Preference Shares | 17,688 | 70,867 | ||||||
|
| |||||||
1,624,175 | ||||||||
Electric Utilities — 0.0% | ||||||||
Cia Energetica de Minas Gerais, Preference Shares | 69,006 | 124,105 | ||||||
|
| |||||||
Health Care Equipment & Supplies — 0.0% | ||||||||
Sartorius AG, Preference Shares | 100 | 40,987 | ||||||
|
| |||||||
Household Products — 0.0% | ||||||||
Henkel AG & Co. KGaA, Preference Shares | 444 | 46,436 | ||||||
|
| |||||||
Multiline Retail — 0.0% | ||||||||
Lojas Americanas SA, Preference Shares | 43,674 | 220,785 | ||||||
|
| |||||||
Oil, Gas & Consumable Fuels — 0.0% | ||||||||
Petroleo Brasileiro SA, Preference Shares | 70,742 | 247,022 | ||||||
|
| |||||||
Trading Companies & Distributors — 0.0% | ||||||||
WESCO International, Inc.(a) | 1,463 | 40,964 | ||||||
|
| |||||||
Total Preferred Stocks — 0.3% | 2,365,351 | |||||||
|
| |||||||
Total Preferred Securities — 0.3% | 2,365,351 | |||||||
|
| |||||||
Rights | ||||||||
Metals & Mining — 0.0% | ||||||||
Pan American Silver Corp., (Expires 2/22/2029)(a) | 16,660 | 12,993 | ||||||
|
|
M A S T E R P O R T F O L I O S C H E D U L E O F I N V E S T M E N T S | 23 |
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Pharmaceuticals — 0.0% | ||||||||
Bristol-Myers Squibb Co., (Expires 03/31/21)(a) | 4,640 | $ | 10,440 | |||||
|
| |||||||
Total Rights — 0.0% | 23,433 | |||||||
|
| |||||||
Total Long-Term Investments — 87.1% | 565,388,190 | |||||||
|
| |||||||
Short-Term Securities | ||||||||
Money Market Funds — 11.0% | ||||||||
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.34%(e)(f)(g) | 43,581,029 | 43,620,251 | ||||||
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.08%(e)(f) | 27,592,747 | 27,592,747 | ||||||
|
| |||||||
Total Short-Term Securities — 11.0% | 71,212,998 | |||||||
|
| |||||||
Total Investments — 98.1% | 636,601,188 | |||||||
Other Assets Less Liabilities — 1.9% | 12,111,234 | |||||||
|
| |||||||
Net Assets — 100.0% | $ | 648,712,422 | ||||||
|
|
(a) | Non-income producing security. |
(b) | All or a portion of this security is on loan. |
(c) | Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. |
(d) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(e) | Affiliate of the Master Portfolio. |
(f) | Annualized 7-day yield as of period end. |
(g) | All or a portion of this security was purchased with the cash collateral from loaned securities. |
Affiliates
Investments in issuers considered to be affiliate(s) of the Master Portfolio during the period ended September 30, 2020, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
Affiliated Issuer | Value at 12/31/19 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Value at 09/30/20 | Shares Held at 09/30/20 | Income | Capital Gain Distributions from Underlying Funds | |||||||||||||||||||||||||||
BlackRock Cash Funds: Institutional, SL Agency Shares | $ | 34,067,128 | $ | 9,591,595 | (a) | $ | — | $ | (53,190 | ) | $ | 14,718 | $ | 43,620,251 | 43,581,029 | $ | 194,517 | (b) | $ | — | ||||||||||||||||
BlackRock Cash Funds: Treasury, SL Agency Shares | 43,836,183 | — | (16,243,436 | )(a) | — | — | 27,592,747 | 27,592,747 | 244,531 | — | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||||||||||||||||
$ | (53,190 | ) | $ | 14,718 | $ | 71,212,998 | $ | 439,048 | $ | — | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
(a) | Represents net amount purchased (sold). |
(b) | All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities. |
For Master Portfolio compliance purposes, the Master Portfolio’s industry classifications refer to one or more of the industry sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment adviser. These definitions may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease.
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
Description | Number of Contracts | Expiration Date | Notional Amount (000) | Value/ (Depreciation) | ||||||||||||
Long Contracts | ||||||||||||||||
MSCI Emerging Markets Index | 57 | 12/18/20 | $ | 3,102 | $ | (66,222 | ) | |||||||||
Russell 2000 E-Mini Index | 21 | 12/18/20 | 1,580 | (10,831 | ) | |||||||||||
S&P 500 E-Mini Index | 2,251 | 12/18/20 | 377,268 | 2,360,069 | ||||||||||||
|
| |||||||||||||||
2,283,016 | ||||||||||||||||
|
| |||||||||||||||
Short Contracts | ||||||||||||||||
MSCI EAFE Index | 340 | 12/18/20 | 31,504 | 616,843 |
24 |
|
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio |
Futures Contracts (continued)
Description | Number of Contracts | Expiration Date | Notional Amount (000) | Value/ Unrealized Appreciation (Depreciation) | ||||||||||||
Short Contracts (continued) | ||||||||||||||||
MSCI Emerging Markets E-Mini Index | 2,708 | 12/18/20 | $ | 147,383 | $ | 78,866 | ||||||||||
Russell 2000 E-Mini Index | 1,598 | 12/18/20 | 120,202 | (178,257 | ) | |||||||||||
|
| |||||||||||||||
517,452 | ||||||||||||||||
|
| |||||||||||||||
$ | 2,800,468 | |||||||||||||||
|
|
Forward Foreign Currency Exchange Contracts
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation (Depreciation) | ||||||||||||||||
SGD | 165,000 | USD | 120,740 | BNP Paribas S.A. | 12/16/20 | $ | 146 | |||||||||||||
USD | 135,506 | CAD | 178,000 | Morgan Stanley & Co. International PLC | 12/16/20 | 1,782 | ||||||||||||||
USD | 651,128 | CHF | 591,000 | Bank of America N.A. | 12/16/20 | 8,021 | ||||||||||||||
USD | 77,055 | EUR | 65,000 | Morgan Stanley & Co. International PLC | 12/16/20 | 718 | ||||||||||||||
USD | 24,615 | NOK | 221,000 | Bank of America N.A. | 12/16/20 | 917 | ||||||||||||||
|
| |||||||||||||||||||
11,584 | ||||||||||||||||||||
|
| |||||||||||||||||||
AUD | 809,000 | USD | 589,013 | Bank of America N.A. | 12/16/20 | (9,451 | ) | |||||||||||||
GBP | 16,000 | USD | 20,846 | Bank of America N.A. | 12/16/20 | (190 | ) | |||||||||||||
NZD | 118,000 | USD | 78,848 | Morgan Stanley & Co. International PLC | 12/16/20 | (790 | ) | |||||||||||||
SEK | 3,360,000 | USD | 385,102 | Bank of America N.A. | 12/16/20 | (9,579 | ) | |||||||||||||
USD | 625,292 | JPY | 66,271,000 | Morgan Stanley & Co. International PLC | 12/16/20 | (3,712 | ) | |||||||||||||
|
| |||||||||||||||||||
(23,722 | ) | |||||||||||||||||||
|
| |||||||||||||||||||
$ | (12,138 | ) | ||||||||||||||||||
|
|
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:
• | Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Master Portfolio has the ability to access |
• | Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market–corroborated inputs) |
• | Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the BlackRock Global Valuation Methodologies Committee’s (the “Global Valuation Committee’s”) assumptions used in determining the fair value of financial instruments) |
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Global Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments
M A S T E R P O R T F O L I O S C H E D U L E O F I N V E S T M E N T S | 25 |
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio |
Fair Value Hierarchy as of Period End (continued)
is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Master Portfolio’s policy regarding valuation of financial instruments, refer to its most recent financial statements.
The following tables summarize the Master Portfolio’s investments and derivative financial instruments categorized in the disclosure hierarchy. The breakdown of the Master Portfolio’s investments into major categories is disclosed in the Schedule of Investments above.
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Assets | ||||||||||||||||
Investments | ||||||||||||||||
Long-Term Investments | ||||||||||||||||
Common Stocks | ||||||||||||||||
Aerospace & Defense | $ | 3,529,757 | $ | 107,489 | $ | — | $ | 3,637,246 | ||||||||
Air Freight & Logistics | 2,904,842 | 765,323 | — | 3,670,165 | ||||||||||||
Airlines | 974,226 | 87,453 | — | 1,061,679 | ||||||||||||
Auto Components | 2,550,084 | 966,699 | — | 3,516,783 | ||||||||||||
Automobiles | 3,934,953 | 2,125,888 | — | 6,060,841 | ||||||||||||
Banks | 19,039,056 | 16,328,464 | — | 35,367,520 | ||||||||||||
Beverages | 6,659,398 | 970,797 | — | 7,630,195 | ||||||||||||
Biotechnology | 21,941,865 | 1,051,048 | 3,470 | 22,996,383 | ||||||||||||
Building Products | 3,649,738 | 365,687 | — | 4,015,425 | ||||||||||||
Capital Markets | 12,401,570 | 2,892,718 | — | 15,294,288 | ||||||||||||
Chemicals | 6,741,049 | 5,654,213 | — | 12,395,262 | ||||||||||||
Commercial Services & Supplies | 4,508,100 | 356,695 | — | 4,864,795 | ||||||||||||
Communications Equipment | 3,679,884 | 378,756 | — | 4,058,640 | ||||||||||||
Construction & Engineering | 2,128,464 | 845,330 | — | 2,973,794 | ||||||||||||
Construction Materials | 365,028 | 790,570 | — | 1,155,598 | ||||||||||||
Consumer Finance | 2,057,338 | 2 | — | 2,057,340 | ||||||||||||
Containers & Packaging | 360,077 | 19,933 | — | 380,010 | ||||||||||||
Distributors | 817,684 | — | — | 817,684 | ||||||||||||
Diversified Consumer Services | 2,368,526 | 45,908 | — | 2,414,434 | ||||||||||||
Diversified Financial Services | 3,104,233 | 595,558 | — | 3,699,791 | ||||||||||||
Diversified Telecommunication Services | 4,942,193 | 2,534,357 | — | 7,476,550 | ||||||||||||
Electric Utilities | 4,262,133 | 1,096,526 | — | 5,358,659 | ||||||||||||
Electrical Equipment | 3,362,178 | 846,291 | — | 4,208,469 | ||||||||||||
Electronic Equipment, Instruments & Components | 3,641,591 | 2,663,478 | — | 6,305,069 | ||||||||||||
Energy Equipment & Services | 1,758,846 | 151,918 | — | 1,910,764 | ||||||||||||
Entertainment | 6,643,938 | 981,659 | — | 7,625,597 | ||||||||||||
Equity Real Estate Investment Trusts (REITs) | 13,686,861 | 330,826 | — | 14,017,687 | ||||||||||||
Food & Staples Retailing | 4,955,854 | 1,027,256 | — | 5,983,110 | ||||||||||||
Food Products | 7,487,908 | 6,051,902 | — | 13,539,810 | ||||||||||||
Gas Utilities | 1,678,050 | 691,344 | — | 2,369,394 | ||||||||||||
Health Care Equipment & Supplies | 12,845,484 | 2,102,482 | — | 14,947,966 | ||||||||||||
Health Care Providers & Services | 10,382,219 | 678,604 | — | 11,060,823 | ||||||||||||
Health Care Technology | 3,731,848 | 61,856 | — | 3,793,704 | ||||||||||||
Hotels, Restaurants & Leisure | 11,466,398 | 325,193 | — | 11,791,591 | ||||||||||||
Household Durables | 3,893,189 | 581,926 | — | 4,475,115 | ||||||||||||
Household Products | 5,676,137 | 691,546 | — | 6,367,683 | ||||||||||||
Independent Power and Renewable Electricity Producers | 802,594 | 355,045 | — | 1,157,639 | ||||||||||||
Industrial Conglomerates | 1,845,896 | 793,626 | — | 2,639,522 | ||||||||||||
Insurance | 6,897,014 | 4,867,832 | — | 11,764,846 | ||||||||||||
Interactive Media & Services | 14,197,056 | 12,710,575 | — | 26,907,631 | ||||||||||||
Internet & Direct Marketing Retail | 28,535,799 | 8,514,420 | — | 37,050,219 | ||||||||||||
IT Services | 16,799,956 | 3,013,785 | — | 19,813,741 | ||||||||||||
Leisure Products | 888,963 | 38,690 | — | 927,653 | ||||||||||||
Life Sciences Tools & Services | 3,789,816 | 934,625 | — | 4,724,441 | ||||||||||||
Machinery | 8,165,409 | 3,711,083 | — | 11,876,492 | ||||||||||||
Marine | 84,817 | 110,880 | — | 195,697 | ||||||||||||
Media | 4,481,462 | 223,270 | — | 4,704,732 | ||||||||||||
Metals & Mining | 5,178,689 | 6,075,600 | — | 11,254,289 | ||||||||||||
Mortgage Real Estate Investment Trusts (REITs) | 1,243,601 | — | — | 1,243,601 | ||||||||||||
Multiline Retail | 1,547,008 | — | — | 1,547,008 | ||||||||||||
Multi-Utilities | 3,057,218 | 328,075 | — | 3,385,293 | ||||||||||||
Oil, Gas & Consumable Fuels | 8,120,408 | 7,297,412 | — | 15,417,820 | ||||||||||||
Paper & Forest Products | 659,775 | 105,595 | — | 765,370 | ||||||||||||
Personal Products | 524,049 | 1,483,208 | — | 2,007,257 |
26 |
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Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio |
Fair Value Hierarchy as of Period End (continued)
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Common Stocks (continued) | ||||||||||||||||
Pharmaceuticals | $ | 10,632,001 | $ | 4,041,341 | $ | — | $ | 14,673,342 | ||||||||
Professional Services | 3,414,608 | 820,370 | — | 4,234,978 | ||||||||||||
Real Estate Management & Development | 2,272,987 | 899,231 | — | 3,172,218 | ||||||||||||
Road & Rail | 3,783,625 | 212,599 | — | 3,996,224 | ||||||||||||
Semiconductors & Semiconductor Equipment | 16,640,959 | 13,695,777 | — | 30,336,736 | ||||||||||||
Software | 33,981,636 | 1,142,667 | — | 35,124,303 | ||||||||||||
Specialty Retail | 12,583,379 | 1,087,876 | — | 13,671,255 | ||||||||||||
Technology Hardware, Storage & Peripherals | 15,453,945 | 7,995,493 | — | 23,449,438 | ||||||||||||
Textiles, Apparel & Luxury Goods | 3,361,898 | 1,163,528 | — | 4,525,426 | ||||||||||||
Thrifts & Mortgage Finance | 2,484,081 | 1,107,603 | — | 3,591,684 | ||||||||||||
Tobacco | 25,737 | 176,729 | — | 202,466 | ||||||||||||
Trading Companies & Distributors | 3,271,109 | 1,059,323 | — | 4,330,432 | ||||||||||||
Transportation Infrastructure | 210,747 | 177,010 | — | 387,757 | ||||||||||||
Water Utilities | 438,480 | 158,842 | — | 597,322 | ||||||||||||
Wireless Telecommunication Services | 1,280,043 | 2,742,667 | — | 4,022,710 | ||||||||||||
Preferred Securities | ||||||||||||||||
Preferred Stocks | ||||||||||||||||
Automobiles | — | 20,877 | — | 20,877 | ||||||||||||
Banks | 1,624,175 | — | — | 1,624,175 | ||||||||||||
Electric Utilities | 124,105 | — | — | 124,105 | ||||||||||||
Health Care Equipment & Supplies | — | 40,987 | — | 40,987 | ||||||||||||
Household Products | — | 46,436 | — | 46,436 | ||||||||||||
Multiline Retail | 220,785 | — | — | 220,785 | ||||||||||||
Oil, Gas & Consumable Fuels | 247,022 | — | — | 247,022 | ||||||||||||
Trading Companies & Distributors | 40,964 | — | — | 40,964 | ||||||||||||
Rights | 23,433 | — | — | 23,433 | ||||||||||||
Short-Term Securities | ||||||||||||||||
Money Market Funds | 71,212,998 | — | — | 71,212,998 | ||||||||||||
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$ | 494,278,946 | $ | 142,318,772 | $ | 3,470 | 636,601,188 | ||||||||||
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Derivative Financial Instruments(a) | ||||||||||||||||
Assets | ||||||||||||||||
Equity Contracts | $ | 3,055,778 | $ | — | $ | — | $ | 3,055,778 | ||||||||
Foreign Currency Exchange Contracts | — | 11,584 | — | 11,584 | ||||||||||||
Liabilities | ||||||||||||||||
Equity Contracts | (255,310 | ) | — | — | (255,310 | ) | ||||||||||
Foreign Currency Exchange Contracts | — | (23,722 | ) | — | (23,722 | ) | ||||||||||
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$ | 2,800,468 | $ | (12,138 | ) | $ | — | $ | 2,788,330 | ||||||||
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(a) | Derivative financial instruments are futures contracts and forward foreign currency exchange contracts. Futures contracts and forward foreign currency exchange contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
Currency Abbreviation | ||
AUD | Australian Dollar | |
CAD | Canadian Dollar | |
CHF | Swiss Franc | |
EUR | Euro | |
GBP | British Pound | |
JPY | Japanese Yen | |
NOK | Norwegian Krone | |
NZD | New Zealand Dollar | |
SEK | Swedish Krona | |
SGD | Singapore Dollar |
Currency Abbreviation (continued) | ||
USD | United States Dollar | |
Portfolio Abbreviation | ||
ADR | American Depositary Receipt | |
GDR | Global Depositary Receipt | |
MSCI | Morgan Stanley Capital International | |
MTN | Medium-Term Note | |
NVDR | Non-Voting Depositary Receipt | |
PCL | Public Company Limited | |
PJSC | Public Joint Stock Company |
M A S T E R P O R T F O L I O S C H E D U L E O F I N V E S T M E N T S | 27 |
Schedule of Investments (unaudited) (continued) September 30, 2020 | Diversified Equity Master Portfolio |
Portfolio Abbreviation (continued) | ||
REIT | Real Estate Investment Trust | |
S&P | Standard & Poor’s | |
SAB | Special Assessment Bonds | |
SCA | Svenska Celluosa Aktiebolaget | |
SG | Syncora Guarantee | |
SRF | State Revolving Fund |
28 |
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