Schedule of Investments (unaudited) September 30, 2022 | Large Cap Index Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Common Stocks | ||||||||
Aerospace & Defense — 1.6% | ||||||||
Axon Enterprise, Inc.(a) | 40,628 | $ | 4,702,691 | |||||
Boeing Co.(a)(b) | 334,514 | 40,502,955 | ||||||
BWX Technologies, Inc.(b) | 56,831 | 2,862,578 | ||||||
Curtiss-Wright Corp.(b) | 22,977 | 3,197,479 | ||||||
General Dynamics Corp.(b) | 148,475 | 31,501,941 | ||||||
HEICO Corp. | 27,332 | 3,935,261 | ||||||
HEICO Corp., Class A | 47,650 | 5,461,643 | ||||||
Hexcel Corp.(b) | 51,166 | 2,646,306 | ||||||
Howmet Aerospace, Inc. | 226,450 | 7,004,099 | ||||||
Huntington Ingalls Industries, Inc. | 24,291 | 5,380,457 | ||||||
L3Harris Technologies, Inc.(b) | 117,522 | 24,424,597 | ||||||
Lockheed Martin Corp.(b) | 144,890 | 55,969,558 | ||||||
Mercury Systems, Inc.(a) | 35,358 | 1,435,535 | ||||||
Northrop Grumman Corp.(b) | 89,479 | 42,083,763 | ||||||
Raytheon Technologies Corp. | 907,769 | 74,309,970 | ||||||
Spirit AeroSystems Holdings, Inc., Class A(b) | 61,386 | 1,345,581 | ||||||
Textron, Inc. | 127,942 | 7,453,901 | ||||||
TransDigm Group, Inc. | 31,490 | 16,526,582 | ||||||
Woodward, Inc.(b) | 36,144 | 2,900,917 | ||||||
|
| |||||||
333,645,814 | ||||||||
Air Freight & Logistics — 0.5% | ||||||||
CH Robinson Worldwide, Inc.(b) | 74,977 | 7,221,035 | ||||||
Expeditors International of Washington, | 98,757 | 8,721,231 | ||||||
FedEx Corp. | 146,729 | 21,784,855 | ||||||
GXO Logistics, Inc.(a) | 65,172 | 2,284,930 | ||||||
United Parcel Service, Inc., Class B | 448,752 | 72,491,398 | ||||||
|
| |||||||
112,503,449 | ||||||||
Airlines(a) — 0.2% | ||||||||
Alaska Air Group, Inc. | 73,885 | 2,892,598 | ||||||
American Airlines Group, Inc.(b) | 399,483 | 4,809,775 | ||||||
Copa Holdings SA, Class A(b) | 19,931 | 1,335,576 | ||||||
Delta Air Lines, Inc. | 389,581 | 10,931,643 | ||||||
JetBlue Airways Corp. | 198,274 | 1,314,557 | ||||||
Southwest Airlines Co. | 363,189 | 11,200,749 | ||||||
United Airlines Holdings, Inc. | 198,153 | 6,445,917 | ||||||
|
| |||||||
38,930,815 | ||||||||
Auto Components — 0.1% | ||||||||
Aptiv PLC(a) | 164,889 | 12,895,969 | ||||||
BorgWarner, Inc.(b) | 142,608 | 4,477,891 | ||||||
Gentex Corp. | 141,318 | 3,369,021 | ||||||
Lear Corp.(b) | 36,970 | 4,424,939 | ||||||
QuantumScape Corp.(a)(b) | 148,319 | 1,247,363 | ||||||
|
| |||||||
26,415,183 | ||||||||
Automobiles — 2.3% | ||||||||
Ford Motor Co. | 2,405,562 | 26,942,294 | ||||||
General Motors Co. | 887,618 | 28,483,662 | ||||||
Harley-Davidson, Inc.(b) | 80,122 | 2,794,655 | ||||||
Lucid Group, Inc.(a)(b) | 329,925 | 4,609,052 | ||||||
Rivian Automotive, Inc., Class A(a)(b) | 314,685 | 10,356,283 | ||||||
Tesla, Inc.(a) | 1,552,900 | 411,906,725 | ||||||
Thor Industries, Inc.(b) | 31,375 | 2,195,623 | ||||||
|
| |||||||
487,288,294 | ||||||||
Banks — 3.6% | ||||||||
Bank of America Corp. | 4,287,531 | 129,483,436 | ||||||
Bank of Hawaii Corp.(b) | 24,623 | 1,874,303 | ||||||
Bank OZK(b) | 68,639 | 2,715,359 | ||||||
BOK Financial Corp.(b) | 18,661 | 1,658,216 | ||||||
Citigroup, Inc. | 1,181,665 | 49,239,980 |
Security | Shares | Value | ||||||
Banks (continued) | ||||||||
Citizens Financial Group, Inc.(b) | 297,046 | $ | 10,206,500 | |||||
Comerica, Inc. | 78,139 | 5,555,683 | ||||||
Commerce Bancshares, Inc.(b) | 66,223 | 4,381,314 | ||||||
Cullen/Frost Bankers, Inc.(b) | 35,137 | 4,645,814 | ||||||
East West Bancorp, Inc.(b) | 86,347 | 5,797,338 | ||||||
Fifth Third Bancorp(b) | 414,231 | 13,238,823 | ||||||
First Citizens BancShares, Inc., Class A(b) | 7,359 | 5,868,287 | ||||||
First Hawaiian, Inc.(b) | 77,530 | 1,909,564 | ||||||
First Horizon Corp. | 322,220 | 7,378,838 | ||||||
First Republic Bank | 110,118 | 14,375,905 | ||||||
FNB Corp.(b) | 220,400 | 2,556,640 | ||||||
Huntington Bancshares, Inc.(b) | 882,197 | 11,627,356 | ||||||
JPMorgan Chase & Co. | 1,780,610 | 186,073,745 | ||||||
KeyCorp | 562,679 | 9,014,118 | ||||||
M&T Bank Corp. | 107,097 | 18,883,343 | ||||||
PacWest Bancorp | 69,715 | 1,575,559 | ||||||
Pinnacle Financial Partners, Inc. | 46,625 | 3,781,287 | ||||||
PNC Financial Services Group, Inc. | 251,983 | 37,651,300 | ||||||
Popular, Inc.(b) | 44,637 | 3,216,542 | ||||||
Prosperity Bancshares, Inc.(b) | 52,829 | 3,522,638 | ||||||
Regions Financial Corp. | 568,655 | 11,412,906 | ||||||
Signature Bank | 38,056 | 5,746,456 | ||||||
SVB Financial Group(a) | 35,487 | 11,915,825 | ||||||
Synovus Financial Corp.(b) | 88,333 | 3,313,371 | ||||||
Truist Financial Corp. | 811,424 | 35,329,401 | ||||||
U.S. Bancorp(b) | 819,099 | 33,026,072 | ||||||
Umpqua Holdings Corp.(b) | 134,553 | 2,299,511 | ||||||
Webster Financial Corp. | 110,294 | 4,985,289 | ||||||
Wells Fargo & Co. | 2,315,177 | 93,116,419 | ||||||
Western Alliance Bancorp(b) | 65,848 | 4,328,847 | ||||||
Wintrust Financial Corp.(b) | 35,795 | 2,919,082 | ||||||
Zions Bancorp NA | 89,380 | 4,545,867 | ||||||
|
| |||||||
749,170,934 | ||||||||
Beverages — 1.7% | ||||||||
Boston Beer Co., Inc., Class A(a)(b) | 5,817 | 1,882,672 | ||||||
Brown-Forman Corp., Class A(b) | 27,091 | 1,830,268 | ||||||
Brown-Forman Corp., Class B | 112,460 | 7,486,462 | ||||||
Coca-Cola Co. | 2,383,570 | 133,527,591 | ||||||
Constellation Brands, Inc., Class A | 92,691 | 21,289,269 | ||||||
Keurig Dr Pepper, Inc.(b) | 523,113 | 18,737,908 | ||||||
Molson Coors Beverage Co., Class B(b) | 108,591 | 5,211,282 | ||||||
Monster Beverage Corp.(a)(b) | 225,789 | 19,634,611 | ||||||
PepsiCo, Inc.(b) | 843,934 | 137,780,665 | ||||||
|
| |||||||
347,380,728 | ||||||||
Biotechnology — 2.3% | ||||||||
AbbVie, Inc.(b) | 1,078,901 | 144,799,303 | ||||||
Alnylam Pharmaceuticals, Inc.(a) | 73,410 | 14,693,746 | ||||||
Amgen, Inc.(b) | 325,972 | 73,474,089 | ||||||
Biogen, Inc.(a) | 88,642 | 23,667,414 | ||||||
BioMarin Pharmaceutical, Inc.(a) | 111,498 | 9,451,686 | ||||||
Exact Sciences Corp.(a)(b) | 106,737 | 3,467,885 | ||||||
Exelixis, Inc.(a) | 189,778 | 2,975,719 | ||||||
Gilead Sciences, Inc.(b) | 766,302 | 47,273,170 | ||||||
Horizon Therapeutics PLC(a) | 136,569 | 8,452,255 | ||||||
Incyte Corp.(a) | 109,917 | 7,324,869 | ||||||
Ionis Pharmaceuticals, Inc.(a)(b) | 85,967 | 3,802,320 | ||||||
Mirati Therapeutics, Inc.(a) | 24,898 | 1,738,876 | ||||||
Moderna, Inc.(a) | 206,521 | 24,421,108 | ||||||
Natera, Inc.(a) | 51,111 | 2,239,684 | ||||||
Neurocrine Biosciences, Inc.(a) | 57,269 | 6,082,541 | ||||||
Novavax, Inc.(a)(b) | 47,455 | 863,681 |
MASTER PORTFOLIO SCHEDULE OF INVESTMENTS | 1 |
Schedule of Investments (unaudited) (continued) September 30, 2022 | Large Cap Index Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Biotechnology (continued) | ||||||||
Regeneron Pharmaceuticals, Inc.(a) | 63,343 | $ | 43,635,092 | |||||
Sarepta Therapeutics, Inc.(a) | 52,018 | 5,750,070 | ||||||
Seagen, Inc.(a) | 83,152 | 11,377,688 | ||||||
Ultragenyx Pharmaceutical, Inc.(a) | 41,399 | 1,714,333 | ||||||
United Therapeutics Corp.(a) | 27,126 | 5,679,642 | ||||||
Vertex Pharmaceuticals, Inc.(a)(b) | 156,092 | 45,194,878 | ||||||
|
| |||||||
488,080,049 | ||||||||
Building Products — 0.6% | ||||||||
A O Smith Corp. | 78,723 | 3,824,363 | ||||||
Advanced Drainage Systems, Inc. | 38,791 | 4,824,437 | ||||||
Allegion PLC | 53,788 | 4,823,708 | ||||||
Armstrong World Industries, Inc. | 29,048 | 2,301,473 | ||||||
AZEK Co., Inc.(a) | 73,449 | 1,220,722 | ||||||
Builders FirstSource, Inc.(a)(b) | 93,381 | 5,502,008 | ||||||
Carlisle Cos., Inc. | 31,155 | 8,736,174 | ||||||
Carrier Global Corp. | 514,587 | 18,298,714 | ||||||
Fortune Brands Home & Security, Inc. | 80,690 | 4,332,246 | ||||||
Hayward Holdings, Inc.(a)(b) | 49,363 | 437,850 | ||||||
Johnson Controls International PLC(b) | 426,099 | 20,972,593 | ||||||
Lennox International, Inc. | 19,542 | 4,351,417 | ||||||
Masco Corp.(b) | 136,424 | 6,369,637 | ||||||
Owens Corning(b) | 59,632 | 4,687,671 | ||||||
Trane Technologies PLC(b) | 141,534 | 20,495,539 | ||||||
Trex Co., Inc.(a) | 70,215 | 3,085,247 | ||||||
|
| |||||||
114,263,799 | ||||||||
Capital Markets — 3.1% | ||||||||
Affiliated Managers Group, Inc. | 22,859 | 2,556,779 | ||||||
Ameriprise Financial, Inc. | 65,439 | 16,487,356 | ||||||
Ares Management Corp., Class A(b) | 90,927 | 5,632,928 | ||||||
Bank of New York Mellon Corp. | 446,185 | 17,187,046 | ||||||
BlackRock, Inc.(b)(c) | 91,600 | 50,405,648 | ||||||
Blackstone, Inc.(b) | 427,220 | 35,758,314 | ||||||
Blue Owl Capital, Inc.(b) | 260,780 | 2,406,999 | ||||||
Carlyle Group, Inc. | 123,608 | 3,194,031 | ||||||
Cboe Global Markets, Inc. | 63,660 | 7,471,774 | ||||||
Charles Schwab Corp.(b) | 927,865 | 66,685,658 | ||||||
CME Group, Inc. | 218,909 | 38,775,351 | ||||||
Coinbase Global, Inc., Class A(a)(b) | 96,317 | 6,211,483 | ||||||
Evercore, Inc., Class A(b) | 23,211 | 1,909,105 | ||||||
FactSet Research Systems, Inc. | 23,329 | 9,334,166 | ||||||
Franklin Resources, Inc.(b) | 171,074 | 3,681,512 | ||||||
Goldman Sachs Group, Inc.(b) | 203,064 | 59,507,905 | ||||||
Interactive Brokers Group, Inc., Class A | 55,305 | 3,534,543 | ||||||
Intercontinental Exchange, Inc. | 336,810 | 30,430,784 | ||||||
Invesco Ltd.(b) | 221,746 | 3,037,920 | ||||||
Janus Henderson Group PLC(b) | 82,044 | 1,666,314 | ||||||
Jefferies Financial Group, Inc.(b) | 128,104 | 3,779,068 | ||||||
KKR & Co., Inc.(b) | 350,100 | 15,054,300 | ||||||
Lazard Ltd., Class A | 57,881 | 1,842,352 | ||||||
LPL Financial Holdings, Inc.(b) | 48,698 | 10,639,539 | ||||||
MarketAxess Holdings, Inc. | 22,981 | 5,113,043 | ||||||
Moody’s Corp. | 97,639 | 23,737,017 | ||||||
Morgan Stanley(b) | 764,485 | 60,401,960 | ||||||
Morningstar, Inc.(b) | 14,810 | 3,144,459 | ||||||
MSCI, Inc. | 47,820 | 20,169,998 | ||||||
Nasdaq, Inc. | 209,112 | 11,852,468 | ||||||
Northern Trust Corp. | 125,336 | 10,723,748 | ||||||
Raymond James Financial, Inc.(b) | 119,175 | 11,776,874 | ||||||
Robinhood Markets, Inc., Class A(a) | 353,120 | 3,566,512 | ||||||
S&P Global, Inc. | 203,435 | 62,118,877 | ||||||
SEI Investments Co.(b) | 64,320 | 3,154,896 |
Security | Shares | Value | ||||||
Capital Markets (continued) | ||||||||
State Street Corp.(b) | 224,956 | $ | 13,679,574 | |||||
Stifel Financial Corp.(b) | 61,573 | 3,196,254 | ||||||
T Rowe Price Group, Inc.(b) | 136,250 | 14,307,613 | ||||||
Tradeweb Markets, Inc., Class A | 64,793 | 3,655,621 | ||||||
Virtu Financial, Inc., Class A(b) | 63,979 | 1,328,844 | ||||||
|
| |||||||
649,118,633 | ||||||||
Chemicals — 1.7% | ||||||||
Air Products & Chemicals, Inc. | 135,141 | 31,451,365 | ||||||
Albemarle Corp.(b) | 71,381 | 18,875,992 | ||||||
Ashland, Inc. | 31,404 | 2,982,438 | ||||||
Axalta Coating Systems Ltd.(a)(b) | 133,560 | 2,812,774 | ||||||
Celanese Corp. | 65,167 | 5,887,187 | ||||||
CF Industries Holdings, Inc.(b) | 120,424 | 11,590,810 | ||||||
Chemours Co.(b) | 94,960 | 2,340,764 | ||||||
Corteva, Inc. | 442,417 | 25,284,131 | ||||||
Dow, Inc. | 440,145 | 19,335,570 | ||||||
DuPont de Nemours, Inc. | 307,326 | 15,489,230 | ||||||
Eastman Chemical Co. | 76,575 | 5,440,654 | ||||||
Ecolab, Inc. | 151,809 | 21,924,256 | ||||||
Element Solutions, Inc.(b) | 141,355 | 2,299,846 | ||||||
FMC Corp.(b) | 76,581 | 8,094,612 | ||||||
Ginkgo Bioworks Holdings, Inc.(a)(b) | 488,771 | 1,524,965 | ||||||
Huntsman Corp.(b) | 115,727 | 2,839,940 | ||||||
International Flavors & Fragrances, Inc.(b) | 155,439 | 14,118,524 | ||||||
Linde PLC(a)(b) | 306,696 | 82,682,175 | ||||||
LyondellBasell Industries NV, Class A(b) | 155,524 | 11,707,847 | ||||||
Mosaic Co. | 208,837 | 10,093,092 | ||||||
NewMarket Corp.(b) | 3,942 | 1,185,872 | ||||||
Olin Corp.(b) | 83,920 | 3,598,490 | ||||||
PPG Industries, Inc.(b) | 144,155 | 15,956,517 | ||||||
RPM International, Inc. | 78,695 | 6,556,080 | ||||||
Scotts Miracle-Gro Co.(b) | 24,210 | 1,034,977 | ||||||
Sherwin-Williams Co. | 145,964 | 29,886,129 | ||||||
Valvoline, Inc. | 111,697 | 2,830,402 | ||||||
Westlake Corp.(b) | 19,889 | 1,727,956 | ||||||
|
| |||||||
359,552,595 | ||||||||
Commercial Services & Supplies — 0.5% | ||||||||
Cintas Corp.(b) | 52,985 | 20,568,247 | ||||||
Clean Harbors, Inc.(a) | 30,240 | 3,325,795 | ||||||
Copart, Inc.(a) | 130,014 | 13,833,490 | ||||||
Driven Brands Holdings, Inc.(a)(b) | 31,554 | 882,881 | ||||||
IAA, Inc.(a)(b) | 81,993 | 2,611,477 | ||||||
MSA Safety, Inc.(b) | 21,986 | 2,402,630 | ||||||
Republic Services, Inc. | 126,036 | 17,145,937 | ||||||
Rollins, Inc.(b) | 140,361 | 4,867,720 | ||||||
Stericycle, Inc.(a)(b) | 56,298 | 2,370,709 | ||||||
Tetra Tech, Inc.(b) | 31,778 | 4,084,426 | ||||||
Waste Management, Inc. | 253,274 | 40,577,028 | ||||||
|
| |||||||
112,670,340 | ||||||||
Communications Equipment — 0.8% | ||||||||
Arista Networks, Inc.(a) | 150,934 | 17,038,939 | ||||||
Ciena Corp.(a) | 90,334 | 3,652,204 | ||||||
Cisco Systems, Inc. | 2,538,170 | 101,526,800 | ||||||
F5, Inc.(a) | 37,024 | 5,358,483 | ||||||
Juniper Networks, Inc. | 194,482 | 5,079,870 | ||||||
Lumentum Holdings, Inc.(a)(b) | 42,539 | 2,916,899 | ||||||
Motorola Solutions, Inc.(b) | 100,711 | 22,556,243 | ||||||
Ubiquiti, Inc.(b) | 3,518 | 1,032,744 | ||||||
Viasat, Inc.(a)(b) | 43,227 | 1,306,752 | ||||||
|
| |||||||
160,468,934 |
2 |
Schedule of Investments (unaudited) (continued) September 30, 2022 | Large Cap Index Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Construction & Engineering — 0.2% | ||||||||
AECOM(b) | 82,271 | $ | 5,624,868 | |||||
MasTec, Inc.(a) | 35,555 | 2,257,743 | ||||||
MDU Resources Group, Inc. | 119,607 | 3,271,251 | ||||||
Quanta Services, Inc.(b) | 86,183 | 10,978,852 | ||||||
Valmont Industries, Inc.(b) | 12,701 | 3,411,743 | ||||||
WillScot Mobile Mini Holdings Corp.(a) | 129,279 | 5,213,822 | ||||||
|
| |||||||
30,758,279 | ||||||||
Construction Materials — 0.1% | ||||||||
Eagle Materials, Inc. | 22,894 | 2,453,779 | ||||||
Martin Marietta Materials, Inc. | 37,996 | 12,238,131 | ||||||
Vulcan Materials Co. | 80,742 | 12,733,821 | ||||||
|
| |||||||
27,425,731 | ||||||||
Consumer Finance — 0.5% | ||||||||
Ally Financial, Inc.(b) | 186,657 | 5,194,664 | ||||||
American Express Co. | 367,517 | 49,581,718 | ||||||
Capital One Financial Corp. | 232,902 | 21,466,577 | ||||||
Credit Acceptance Corp.(a)(b) | 4,131 | 1,809,378 | ||||||
Discover Financial Services | 167,516 | 15,230,555 | ||||||
OneMain Holdings, Inc.(b) | 72,148 | 2,129,809 | ||||||
SLM Corp. | 155,536 | 2,175,949 | ||||||
SoFi Technologies, Inc.(a)(b) | 473,516 | 2,310,758 | ||||||
Synchrony Financial | 290,731 | 8,195,707 | ||||||
Upstart Holdings, Inc.(a)(b) | 43,707 | 908,669 | ||||||
|
| |||||||
109,003,784 | ||||||||
Containers & Packaging — 0.4% | ||||||||
Amcor PLC(b) | 908,225 | 9,745,254 | ||||||
AptarGroup, Inc.(b) | 40,412 | 3,840,352 | ||||||
Ardagh Metal Packaging SA(b) | 97,793 | 473,318 | ||||||
Avery Dennison Corp. | 49,795 | 8,101,646 | ||||||
Ball Corp. | 190,160 | 9,188,531 | ||||||
Berry Global Group, Inc.(a) | 77,406 | 3,601,701 | ||||||
Crown Holdings, Inc.(b) | 70,387 | 5,703,459 | ||||||
Graphic Packaging Holding Co. | 182,151 | 3,595,661 | ||||||
International Paper Co.(b) | 218,913 | 6,939,542 | ||||||
Packaging Corp. of America(b) | 56,509 | 6,345,396 | ||||||
Sealed Air Corp. | 89,210 | 3,970,737 | ||||||
Silgan Holdings, Inc.(b) | 53,550 | 2,251,242 | ||||||
Sonoco Products Co.(b) | 57,415 | 3,257,153 | ||||||
Westrock Co. | 157,394 | 4,861,901 | ||||||
|
| |||||||
71,875,893 | ||||||||
Distributors(b) — 0.1% | ||||||||
Genuine Parts Co. | 85,273 | 12,732,965 | ||||||
LKQ Corp. | 155,461 | 7,329,986 | ||||||
Pool Corp. | 23,601 | 7,510,074 | ||||||
|
| |||||||
27,573,025 | ||||||||
Diversified Consumer Services — 0.1% | ||||||||
ADT, Inc.(b) | 133,480 | 999,765 | ||||||
Bright Horizons Family Solutions, Inc.(a) | 36,928 | 2,128,899 | ||||||
Grand Canyon Education, Inc.(a) | 18,942 | 1,557,980 | ||||||
H&R Block, Inc.(b) | 99,175 | 4,218,905 | ||||||
Mister Car Wash, Inc.(a)(b) | 52,555 | 450,922 | ||||||
Service Corp. International(b) | 95,680 | 5,524,563 | ||||||
Terminix Global Holdings, Inc.(a) | 72,173 | 2,763,504 | ||||||
|
| |||||||
17,644,538 | ||||||||
Diversified Financial Services — 1.5% | ||||||||
Apollo Global Management, Inc.(b) | 282,072 | 13,116,348 | ||||||
Berkshire Hathaway, Inc., Class B(a)(b) | 1,101,352 | 294,083,011 |
Security | Shares | Value | ||||||
Diversified Financial Services (continued) | ||||||||
Equitable Holdings, Inc. | 228,766 | $ | 6,027,984 | |||||
Voya Financial, Inc. | 59,002 | 3,569,621 | ||||||
|
| |||||||
316,796,964 | ||||||||
Diversified Telecommunication Services(b) — 0.8% | ||||||||
AT&T, Inc. | 4,370,726 | 67,046,937 | ||||||
Frontier Communications Parent, Inc.(a) | 145,874 | 3,417,828 | ||||||
Lumen Technologies, Inc. | 622,421 | 4,531,225 | ||||||
Verizon Communications, Inc. | 2,565,789 | 97,423,008 | ||||||
|
| |||||||
172,418,998 | ||||||||
Electric Utilities — 1.8% | ||||||||
Alliant Energy Corp. | 151,850 | 8,046,532 | ||||||
American Electric Power Co., Inc.(b) | 313,770 | 27,125,416 | ||||||
Avangrid, Inc.(b) | 42,213 | 1,760,282 | ||||||
Constellation Energy Corp. | 199,174 | 16,569,285 | ||||||
Duke Energy Corp.(b) | 470,001 | 43,719,493 | ||||||
Edison International | 230,691 | 13,052,497 | ||||||
Entergy Corp.(b) | 123,814 | 12,459,403 | ||||||
Evergy, Inc.(b) | 135,853 | 8,069,668 | ||||||
Eversource Energy | 211,110 | 16,458,136 | ||||||
Exelon Corp.(b) | 606,807 | 22,730,990 | ||||||
FirstEnergy Corp. | 331,200 | 12,254,400 | ||||||
Hawaiian Electric Industries, Inc.(b) | 68,358 | 2,369,288 | ||||||
IDACORP, Inc.(b) | 30,940 | 3,063,369 | ||||||
NextEra Energy, Inc. | 1,198,520 | 93,975,953 | ||||||
NRG Energy, Inc.(b) | 145,645 | 5,573,834 | ||||||
OGE Energy Corp.(b) | 119,177 | 4,345,193 | ||||||
PG&E Corp.(a) | 945,991 | 11,824,888 | ||||||
Pinnacle West Capital Corp.(b) | 68,468 | 4,416,871 | ||||||
PPL Corp. | 447,153 | 11,335,329 | ||||||
Southern Co.(b) | 647,823 | 44,051,964 | ||||||
Xcel Energy, Inc. | 333,445 | 21,340,480 | ||||||
|
| |||||||
384,543,271 | ||||||||
Electrical Equipment — 0.6% | ||||||||
Acuity Brands, Inc.(b) | 20,333 | 3,201,838 | ||||||
AMETEK, Inc. | 140,904 | 15,979,923 | ||||||
ChargePoint Holdings, Inc.(a)(b) | 151,472 | 2,235,727 | ||||||
Eaton Corp. PLC(b) | 243,630 | 32,490,497 | ||||||
Emerson Electric Co. | 360,386 | 26,387,463 | ||||||
Generac Holdings, Inc.(a)(b) | 38,043 | 6,776,980 | ||||||
Hubbell, Inc.(b) | 32,709 | 7,294,107 | ||||||
nVent Electric PLC | 97,710 | 3,088,613 | ||||||
Plug Power, Inc.(a)(b) | 320,747 | 6,738,894 | ||||||
Regal Rexnord Corp.(b) | 40,118 | 5,630,962 | ||||||
Rockwell Automation, Inc.(b) | 70,714 | 15,211,289 | ||||||
Sensata Technologies Holding PLC(b) | 96,658 | 3,603,410 | ||||||
Sunrun, Inc.(a)(b) | 127,920 | 3,529,313 | ||||||
Vertiv Holdings Co.(b) | 188,674 | 1,833,911 | ||||||
|
| |||||||
134,002,927 | ||||||||
Electronic Equipment, Instruments & Components — 0.6% | ||||||||
Amphenol Corp., Class A | 357,820 | 23,959,627 | ||||||
Arrow Electronics, Inc.(a) | 40,101 | 3,696,911 | ||||||
Avnet, Inc.(b) | 57,336 | 2,070,976 | ||||||
CDW Corp.(b) | 82,503 | 12,877,068 | ||||||
Cognex Corp. | 105,837 | 4,386,944 | ||||||
Coherent Corp.(a) | 76,051 | 2,650,378 | ||||||
Corning, Inc.(b) | 462,785 | 13,430,021 | ||||||
IPG Photonics Corp.(a) | 21,582 | 1,820,442 | ||||||
Jabil, Inc. | 83,968 | 4,845,793 | ||||||
Keysight Technologies, Inc.(a) | 108,839 | 17,126,905 | ||||||
Littelfuse, Inc.(b) | 14,496 | 2,880,210 |
MASTER PORTFOLIO SCHEDULE OF INVESTMENTS | 3 |
Schedule of Investments (unaudited) (continued) September 30, 2022 | Large Cap Index Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Electronic Equipment, Instruments & Components (continued) | ||||||||
National Instruments Corp.(b) | 78,742 | $ | 2,971,723 | |||||
TD SYNNEX Corp.(b) | 25,522 | 2,072,131 | ||||||
Teledyne Technologies, Inc.(a) | 28,029 | 9,458,947 | ||||||
Trimble, Inc.(a)(b) | 151,516 | 8,222,773 | ||||||
Vontier Corp. | 100,593 | 1,680,909 | ||||||
Zebra Technologies Corp., Class A(a) | 31,912 | 8,361,263 | ||||||
|
| |||||||
122,513,021 | ||||||||
Energy Equipment & Services — 0.3% | ||||||||
Baker Hughes Co.(b) | 576,256 | 12,078,326 | ||||||
Halliburton Co. | 548,004 | 13,491,859 | ||||||
NOV, Inc.(b) | 236,697 | 3,829,757 | ||||||
Schlumberger NV(b) | 862,161 | 30,951,580 | ||||||
|
| |||||||
60,351,522 | ||||||||
Entertainment — 1.4% | ||||||||
Activision Blizzard, Inc. | 474,063 | 35,241,843 | ||||||
AMC Entertainment Holdings, Inc., | 317,303 | 2,211,602 | ||||||
Electronic Arts, Inc. | 169,673 | 19,632,863 | ||||||
Liberty Media Corp.-Liberty Formula One, Class A(a) | 14,208 | 746,204 | ||||||
Liberty Media Corp.-Liberty Formula One, Class C(a)(b) | 123,315 | 7,213,928 | ||||||
Live Nation Entertainment, Inc.(a)(b) | 94,341 | 7,173,690 | ||||||
Madison Square Garden Sports Corp.(a) | 11,184 | 1,528,405 | ||||||
Netflix, Inc.(a) | 267,235 | 62,917,808 | ||||||
Playtika Holding Corp.(a)(b) | 56,255 | 528,234 | ||||||
ROBLOX Corp., Class A(a)(b) | 267,806 | 9,598,167 | ||||||
Roku, Inc.(a)(b) | 73,880 | 4,166,832 | ||||||
Spotify Technology SA(a)(b) | 85,028 | 7,337,916 | ||||||
Take-Two Interactive Software, Inc.(a) | 99,605 | 10,856,945 | ||||||
Walt Disney Co.(a) | 1,112,297 | 104,922,976 | ||||||
Warner Bros Discovery, Inc.(a) | 1,438,827 | 16,546,511 | ||||||
World Wrestling Entertainment, Inc., | 27,763 | 1,948,130 | ||||||
|
| |||||||
292,572,054 | ||||||||
Equity Real Estate Investment Trusts (REITs) — 3.0% | ||||||||
Alexandria Real Estate Equities, Inc.(b) | 98,079 | 13,749,695 | ||||||
American Homes 4 Rent, Class A(b) | 182,616 | 5,991,631 | ||||||
American Tower Corp. | 283,234 | 60,810,340 | ||||||
Americold Realty Trust, Inc.(b) | 165,318 | 4,066,823 | ||||||
Apartment Income REIT Corp. | 97,015 | 3,746,719 | ||||||
AvalonBay Communities, Inc. | 84,907 | 15,639,020 | ||||||
Boston Properties, Inc.(b) | 95,674 | 7,172,680 | ||||||
Brixmor Property Group, Inc. | 177,879 | 3,285,425 | ||||||
Camden Property Trust | 63,358 | 7,568,113 | ||||||
Cousins Properties, Inc.(b) | 88,389 | 2,063,883 | ||||||
Crown Castle, Inc. | 263,368 | 38,069,844 | ||||||
CubeSmart(b) | 137,049 | 5,490,183 | ||||||
Digital Realty Trust, Inc.(b) | 172,428 | 17,101,409 | ||||||
Douglas Emmett, Inc.(b) | 103,140 | 1,849,300 | ||||||
Duke Realty Corp. | 232,594 | 11,211,031 | ||||||
EastGroup Properties, Inc.(b) | 24,503 | 3,536,763 | ||||||
EPR Properties(b) | 44,529 | 1,596,810 | ||||||
Equinix, Inc. | 55,447 | 31,540,471 | ||||||
Equity LifeStyle Properties, Inc.(b) | 107,043 | 6,726,582 | ||||||
Equity Residential | 225,260 | 15,141,977 | ||||||
Essex Property Trust, Inc. | 40,146 | 9,724,566 | ||||||
Extra Space Storage, Inc.(b) | 80,807 | 13,956,177 | ||||||
Federal Realty Investment Trust(b) | 47,931 | 4,319,542 | ||||||
First Industrial Realty Trust, Inc.(b) | 78,093 | 3,499,347 | ||||||
Gaming & Leisure Properties, Inc. | 147,843 | 6,540,574 | ||||||
Healthcare Realty Trust, Inc.(b) | 230,842 | 4,813,056 |
Security | Shares | Value | ||||||
Equity Real Estate Investment Trusts (REITs) (continued) | ||||||||
Healthpeak Properties, Inc. | 328,741 | $ | 7,534,744 | |||||
Highwoods Properties, Inc.(b) | 61,629 | 1,661,518 | ||||||
Host Hotels & Resorts, Inc.(b) | 436,582 | 6,932,922 | ||||||
Hudson Pacific Properties, Inc.(b) | 80,397 | 880,347 | ||||||
Invitation Homes, Inc.(b) | 372,541 | 12,580,710 | ||||||
Iron Mountain, Inc.(b) | 175,950 | 7,736,522 | ||||||
JBG SMITH Properties(b) | 71,660 | 1,331,443 | ||||||
Kilroy Realty Corp. | 72,044 | 3,033,773 | ||||||
Kimco Realty Corp.(b) | 370,373 | 6,818,567 | ||||||
Lamar Advertising Co., Class A | 52,245 | 4,309,690 | ||||||
Life Storage, Inc. | 50,925 | 5,640,453 | ||||||
Medical Properties Trust, Inc.(b) | 369,205 | 4,378,771 | ||||||
Mid-America Apartment Communities, Inc. | 70,547 | 10,939,723 | ||||||
National Retail Properties, Inc. | 107,203 | 4,273,112 | ||||||
National Storage Affiliates Trust | 50,562 | 2,102,368 | ||||||
Omega Healthcare Investors, Inc.(b) | 140,539 | 4,144,495 | ||||||
Park Hotels & Resorts, Inc. | 137,590 | 1,549,263 | ||||||
Prologis, Inc. | 450,841 | 45,805,446 | ||||||
Public Storage(b) | 95,372 | 27,925,875 | ||||||
Rayonier, Inc. | 86,348 | 2,587,850 | ||||||
Realty Income Corp.(b) | 377,746 | 21,984,817 | ||||||
Regency Centers Corp. | 103,849 | 5,592,269 | ||||||
Rexford Industrial Realty, Inc.(b) | 104,777 | 5,448,404 | ||||||
SBA Communications Corp. | 64,732 | 18,425,964 | ||||||
Simon Property Group, Inc.(b) | 198,964 | 17,857,019 | ||||||
SL Green Realty Corp.(b) | 40,600 | 1,630,496 | ||||||
Spirit Realty Capital, Inc. | 82,461 | 2,981,790 | ||||||
STORE Capital Corp.(b) | 152,825 | 4,788,007 | ||||||
Sun Communities, Inc.(b) | 74,269 | 10,050,824 | ||||||
UDR, Inc. | 196,058 | 8,177,579 | ||||||
Ventas, Inc. | 242,700 | 9,749,259 | ||||||
VICI Properties, Inc.(b) | 586,697 | 17,512,905 | ||||||
Vornado Realty Trust(b) | 108,810 | 2,520,040 | ||||||
Welltower, Inc.(b) | 284,111 | 18,274,020 | ||||||
Weyerhaeuser Co. | 454,306 | 12,974,979 | ||||||
WP Carey, Inc.(b) | 117,248 | 8,183,910 | ||||||
|
| |||||||
627,531,835 | ||||||||
Food & Staples Retailing — 1.5% | ||||||||
Albertsons Cos., Inc., Class A | 104,152 | 2,589,219 | ||||||
BJ’s Wholesale Club Holdings, Inc.(a) | 80,224 | 5,841,109 | ||||||
Casey’s General Stores, Inc. | 22,050 | 4,465,566 | ||||||
Costco Wholesale Corp. | 270,278 | 127,644,191 | ||||||
Grocery Outlet Holding Corp.(a) | 55,202 | 1,837,674 | ||||||
Kroger Co. | 398,297 | 17,425,494 | ||||||
Performance Food Group Co.(a) | 90,501 | 3,887,018 | ||||||
Sysco Corp. | 310,607 | 21,963,021 | ||||||
U.S. Foods Holding Corp.(a)(b) | 122,191 | 3,230,730 | ||||||
Walgreens Boots Alliance, Inc.(b) | 437,619 | 13,741,237 | ||||||
Walmart, Inc.(b) | 880,029 | 114,139,761 | ||||||
|
| |||||||
316,765,020 | ||||||||
Food Products — 1.1% | ||||||||
Archer-Daniels-Midland Co.(b) | 341,735 | 27,492,581 | ||||||
Bunge Ltd.(b) | 86,521 | 7,144,039 | ||||||
Campbell Soup Co.(b) | 119,040 | 5,609,165 | ||||||
Conagra Brands, Inc. | 285,862 | 9,327,677 | ||||||
Darling Ingredients, Inc.(a)(b) | 96,697 | 6,396,507 | ||||||
Flowers Foods, Inc. | 111,216 | 2,745,923 | ||||||
Freshpet, Inc.(a)(b) | 27,660 | 1,385,489 | ||||||
General Mills, Inc.(b) | 363,675 | 27,861,142 | ||||||
Hershey Co.(b) | 88,654 | 19,545,547 | ||||||
Hormel Foods Corp. | 173,291 | 7,874,343 |
4 |
Schedule of Investments (unaudited) (continued) September 30, 2022 | Large Cap Index Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Food Products (continued) | ||||||||
Ingredion, Inc.(b) | 40,476 | $ | 3,259,128 | |||||
J M Smucker Co.(b) | 62,423 | 8,577,544 | ||||||
Kellogg Co. | 155,052 | 10,800,922 | ||||||
Kraft Heinz Co. | 424,746 | 14,165,279 | ||||||
Lamb Weston Holdings, Inc.(b) | 88,699 | 6,863,529 | ||||||
McCormick & Co., Inc. | 151,779 | 10,817,289 | ||||||
Mondelez International, Inc., Class A | 843,439 | 46,245,760 | ||||||
Pilgrim’s Pride Corp.(a) | 28,135 | 647,668 | ||||||
Post Holdings, Inc.(a) | 34,776 | 2,848,502 | ||||||
Seaboard Corp. | 134 | 455,957 | ||||||
Tyson Foods, Inc., Class A | 174,068 | 11,476,303 | ||||||
|
| |||||||
231,540,294 | ||||||||
Gas Utilities — 0.1% | ||||||||
Atmos Energy Corp.(b) | 83,356 | 8,489,808 | ||||||
National Fuel Gas Co. | 53,314 | 3,281,477 | ||||||
UGI Corp. | 129,488 | 4,186,347 | ||||||
|
| |||||||
15,957,632 | ||||||||
Health Care Equipment & Supplies — 2.5% | ||||||||
Abbott Laboratories | 1,046,789 | 101,287,304 | ||||||
ABIOMED, Inc.(a) | 26,921 | 6,613,413 | ||||||
Align Technology, Inc.(a) | 48,079 | 9,957,642 | ||||||
Baxter International, Inc. | 307,052 | 16,537,821 | ||||||
Becton Dickinson & Co. | 173,321 | 38,621,118 | ||||||
Boston Scientific Corp.(a) | 870,982 | 33,733,133 | ||||||
Cooper Cos., Inc. | 29,419 | 7,763,674 | ||||||
Dentsply Sirona, Inc.(b) | 128,691 | 3,648,390 | ||||||
DexCom, Inc.(a) | 237,703 | 19,144,600 | ||||||
Edwards Lifesciences Corp.(a) | 376,983 | 31,150,105 | ||||||
Enovis Corp.(a)(b) | 30,447 | 1,402,693 | ||||||
Envista Holdings Corp.(a)(b) | 98,238 | 3,223,189 | ||||||
Globus Medical, Inc., Class A(a)(b) | 47,175 | 2,810,215 | ||||||
Hologic, Inc.(a) | 149,572 | 9,650,385 | ||||||
ICU Medical, Inc.(a)(b) | 12,997 | 1,957,348 | ||||||
IDEXX Laboratories, Inc.(a) | 50,717 | 16,523,598 | ||||||
Insulet Corp.(a)(b) | 41,967 | 9,627,230 | ||||||
Integra LifeSciences Holdings Corp.(a) | 43,254 | 1,832,239 | ||||||
Intuitive Surgical, Inc.(a) | 218,686 | 40,990,504 | ||||||
Masimo Corp.(a) | 28,725 | 4,054,821 | ||||||
Medtronic PLC | 815,927 | 65,886,105 | ||||||
Novocure Ltd.(a)(b) | 64,011 | 4,863,556 | ||||||
Penumbra, Inc.(a)(b) | 21,210 | 4,021,416 | ||||||
QuidelOrtho Corp.(a) | 29,527 | 2,110,590 | ||||||
ResMed, Inc. | 87,713 | 19,147,748 | ||||||
STERIS PLC | 60,435 | 10,049,132 | ||||||
Stryker Corp.(b) | 214,466 | 43,437,944 | ||||||
Tandem Diabetes Care, Inc.(a)(b) | 40,218 | 1,924,431 | ||||||
Teleflex, Inc. | 28,852 | 5,812,524 | ||||||
Zimmer Biomet Holdings, Inc.(b) | 128,879 | 13,474,299 | ||||||
|
| |||||||
531,257,167 | ||||||||
Health Care Providers & Services — 3.3% | ||||||||
Acadia Healthcare Co., Inc.(a) | 53,892 | 4,213,277 | ||||||
Agilon Health, Inc.(a)(b) | 112,760 | 2,640,839 | ||||||
Amedisys, Inc.(a)(b) | 19,446 | 1,882,178 | ||||||
AmerisourceBergen Corp. | 90,344 | 12,226,254 | ||||||
Cardinal Health, Inc. | 166,158 | 11,079,416 | ||||||
Centene Corp.(a) | 347,106 | 27,008,318 | ||||||
Chemed Corp. | 8,975 | 3,918,126 | ||||||
Cigna Corp. | 182,720 | 50,699,318 | ||||||
CVS Health Corp. | 800,209 | 76,315,932 | ||||||
DaVita, Inc.(a)(b) | 34,781 | 2,878,823 | ||||||
Elevance Health, Inc. | 147,152 | 66,842,325 |
Security | Shares | Value | ||||||
Health Care Providers & Services (continued) | ||||||||
Encompass Health Corp.(b) | 58,260 | $ | 2,635,100 | |||||
Enhabit, Inc.(a) | 29,130 | 408,985 | ||||||
Guardant Health, Inc.(a)(b) | 58,042 | 3,124,401 | ||||||
HCA Healthcare, Inc.(b) | 133,870 | 24,603,967 | ||||||
Henry Schein, Inc.(a) | 81,569 | 5,364,793 | ||||||
Humana, Inc. | 77,160 | 37,437,260 | ||||||
Laboratory Corp. of America Holdings | 55,632 | 11,393,990 | ||||||
McKesson Corp.(b) | 88,543 | 30,093,109 | ||||||
Molina Healthcare, Inc.(a) | 34,998 | 11,543,740 | ||||||
Oak Street Health, Inc.(a)(b) | 69,380 | 1,701,198 | ||||||
Premier, Inc., Class A(b) | 73,783 | 2,504,195 | ||||||
Quest Diagnostics, Inc.(b) | 71,301 | 8,747,920 | ||||||
Signify Health, Inc., Class A(a) | 40,788 | 1,188,970 | ||||||
Tenet Healthcare Corp.(a) | 63,394 | 3,269,863 | ||||||
UnitedHealth Group, Inc. | 571,008 | 288,381,880 | ||||||
Universal Health Services, Inc., Class B(b) | 38,658 | 3,408,863 | ||||||
|
| |||||||
695,513,040 | ||||||||
Health Care Technology(a)(b) — 0.1% | ||||||||
Certara, Inc. | 72,883 | 967,886 | ||||||
Change Healthcare, Inc. | 161,276 | 4,433,477 | ||||||
Definitive Healthcare Corp. | 20,194 | 313,815 | ||||||
Doximity, Inc., Class A | 65,855 | 1,990,138 | ||||||
Teladoc Health, Inc. | 100,937 | 2,558,753 | ||||||
Veeva Systems, Inc., Class A | 84,988 | 14,012,822 | ||||||
|
| |||||||
24,276,891 | ||||||||
Hotels, Restaurants & Leisure — 2.0% | ||||||||
Airbnb, Inc., Class A(a) | 238,726 | 25,075,779 | ||||||
Aramark | 140,281 | 4,376,767 | ||||||
Booking Holdings, Inc.(a) | 24,231 | 39,816,622 | ||||||
Boyd Gaming Corp.(b) | 47,793 | 2,277,336 | ||||||
Caesars Entertainment, Inc.(a)(b) | 126,152 | 4,069,664 | ||||||
Carnival Corp.(a)(b) | 586,213 | 4,121,077 | ||||||
Chipotle Mexican Grill, Inc.(a) | 16,980 | 25,516,865 | ||||||
Choice Hotels International, Inc.(b) | 20,196 | 2,211,866 | ||||||
Churchill Downs, Inc.(b) | 21,745 | 4,004,342 | ||||||
Darden Restaurants, Inc.(b) | 74,134 | 9,364,607 | ||||||
Domino’s Pizza, Inc. | 21,965 | 6,813,543 | ||||||
DraftKings, Inc., Class A(a)(b) | 196,138 | 2,969,529 | ||||||
Expedia Group, Inc.(a) | 92,296 | 8,647,212 | ||||||
Hilton Worldwide Holdings, Inc. | 165,429 | 19,954,046 | ||||||
Hyatt Hotels Corp., Class A(a)(b) | 30,663 | 2,482,476 | ||||||
Las Vegas Sands Corp.(a)(b) | 201,814 | 7,572,061 | ||||||
Marriott International, Inc., Class A | 167,855 | 23,523,200 | ||||||
Marriott Vacations Worldwide Corp.(b) | 23,210 | 2,828,371 | ||||||
McDonald’s Corp. | 451,140 | 104,096,044 | ||||||
MGM Resorts International | 198,828 | 5,909,168 | ||||||
Norwegian Cruise Line Holdings Ltd.(a)(b) | 249,095 | 2,829,719 | ||||||
Penn Entertainment, Inc.(a)(b) | 95,608 | 2,630,176 | ||||||
Planet Fitness, Inc., Class A(a)(b) | 51,338 | 2,960,149 | ||||||
Royal Caribbean Cruises Ltd.(a)(b) | 135,931 | 5,151,785 | ||||||
Six Flags Entertainment Corp.(a)(b) | 45,434 | 804,182 | ||||||
Starbucks Corp.(b) | 700,004 | 58,982,337 | ||||||
Travel & Leisure Co.(b) | 50,043 | 1,707,467 | ||||||
Vail Resorts, Inc.(b) | 24,327 | 5,245,874 | ||||||
Wendy’s Co.(b) | 106,639 | 1,993,083 | ||||||
Wyndham Hotels & Resorts, Inc.(b) | 55,385 | 3,397,870 | ||||||
Wynn Resorts Ltd.(a)(b) | 63,466 | 4,000,262 | ||||||
Yum! Brands, Inc. | 174,630 | 18,570,154 | ||||||
|
| |||||||
413,903,633 | ||||||||
Household Durables — 0.3% | ||||||||
D.R. Horton, Inc.(b) | 195,701 | 13,180,462 |
MASTER PORTFOLIO SCHEDULE OF INVESTMENTS | 5 |
Schedule of Investments (unaudited) (continued) September 30, 2022 | Large Cap Index Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Household Durables (continued) | ||||||||
Garmin Ltd. | 93,739 | $ | 7,528,179 | |||||
Leggett & Platt, Inc.(b) | 80,336 | 2,668,762 | ||||||
Lennar Corp., B Shares | 7,378 | 439,065 | ||||||
Lennar Corp., Class A(b) | 154,486 | 11,516,931 | ||||||
Mohawk Industries, Inc.(a) | 31,321 | 2,856,162 | ||||||
Newell Brands, Inc. | 230,461 | 3,201,103 | ||||||
NVR, Inc.(a) | 1,842 | 7,344,201 | ||||||
PulteGroup, Inc. | 140,515 | 5,269,313 | ||||||
Tempur Sealy International, Inc.(b) | 103,785 | 2,505,370 | ||||||
Toll Brothers, Inc.(b) | 65,510 | 2,751,420 | ||||||
TopBuild Corp.(a) | 19,878 | 3,275,497 | ||||||
Whirlpool Corp.(b) | 32,760 | 4,416,376 | ||||||
|
| |||||||
66,952,841 | ||||||||
Household Products — 1.3% | ||||||||
Church & Dwight Co., Inc.(b) | 147,790 | 10,558,118 | ||||||
Clorox Co.(b) | 74,604 | 9,578,407 | ||||||
Colgate-Palmolive Co. | 505,338 | 35,499,994 | ||||||
Kimberly-Clark Corp. | 205,692 | 23,148,578 | ||||||
Procter & Gamble Co. | 1,459,013 | 184,200,391 | ||||||
Reynolds Consumer Products, Inc.(b) | 33,158 | 862,440 | ||||||
Spectrum Brands Holdings, Inc.(b) | 24,767 | 966,656 | ||||||
|
| |||||||
264,814,584 | ||||||||
Independent Power and Renewable Electricity Producers — 0.1% | ||||||||
AES Corp.(b) | 407,049 | 9,199,307 | ||||||
Brookfield Renewable Corp., Class A | 74,864 | 2,446,556 | ||||||
Vistra Corp.(b) | 254,660 | 5,347,860 | ||||||
|
| |||||||
16,993,723 | ||||||||
Industrial Conglomerates — 0.7% | ||||||||
3M Co.(b) | 346,436 | 38,281,178 | ||||||
General Electric Co.(b) | 668,492 | 41,386,340 | ||||||
Honeywell International, Inc. | 411,411 | 68,693,294 | ||||||
|
| |||||||
148,360,812 | ||||||||
Insurance — 2.3% | ||||||||
Aflac, Inc.(b) | 383,204 | 21,536,065 | ||||||
Alleghany Corp.(a) | 8,057 | 6,762,804 | ||||||
Allstate Corp. | 164,841 | 20,527,650 | ||||||
American Financial Group, Inc. | 41,134 | 5,056,603 | ||||||
American International Group, Inc. | 460,925 | 21,884,719 | ||||||
Aon PLC, Class A | 128,400 | 34,394,508 | ||||||
Arch Capital Group Ltd.(a) | 214,492 | 9,767,966 | ||||||
Arthur J Gallagher & Co. | 126,166 | 21,602,142 | ||||||
Assurant, Inc.(b) | 32,851 | 4,772,265 | ||||||
Assured Guaranty Ltd.(b) | 35,568 | 1,723,270 | ||||||
Axis Capital Holdings Ltd.(b) | 48,597 | 2,388,543 | ||||||
Brighthouse Financial, Inc.(a) | 47,261 | 2,052,073 | ||||||
Brown & Brown, Inc. | 143,582 | 8,683,839 | ||||||
Chubb Ltd. | 253,690 | 46,141,137 | ||||||
Cincinnati Financial Corp.(b) | 94,985 | 8,507,806 | ||||||
CNA Financial Corp. | 18,457 | 681,063 | ||||||
Erie Indemnity Co., Class A(b) | 14,959 | 3,325,535 | ||||||
Everest Re Group Ltd.(b) | 23,898 | 6,271,791 | ||||||
Fidelity National Financial, Inc.(b) | 159,885 | 5,787,837 | ||||||
First American Financial Corp.(b) | 62,339 | 2,873,828 | ||||||
Globe Life, Inc. | 53,912 | 5,375,026 | ||||||
Hanover Insurance Group, Inc.(b) | 20,904 | 2,678,639 | ||||||
Hartford Financial Services Group, Inc. | 198,679 | 12,306,177 | ||||||
Kemper Corp.(b) | 37,792 | 1,559,298 | ||||||
Lincoln National Corp.(b) | 102,130 | 4,484,528 | ||||||
Loews Corp. | 124,694 | 6,214,749 | ||||||
Markel Corp.(a) | 8,084 | 8,764,834 |
Security | Shares | Value | ||||||
Insurance (continued) | ||||||||
Marsh & McLennan Cos., Inc. | 305,957 | $ | 45,676,321 | |||||
MetLife, Inc.(b) | 410,369 | 24,942,228 | ||||||
Old Republic International Corp.(b) | 176,759 | 3,699,566 | ||||||
Primerica, Inc.(b) | 22,855 | 2,821,450 | ||||||
Principal Financial Group, Inc.(b) | 149,786 | 10,807,060 | ||||||
Progressive Corp. | 356,369 | 41,413,641 | ||||||
Prudential Financial, Inc.(b) | 228,887 | 19,633,927 | ||||||
Reinsurance Group of America, Inc. | 40,887 | 5,143,993 | ||||||
RenaissanceRe Holdings Ltd.(b) | 26,261 | 3,686,782 | ||||||
Ryan Specialty Holdings, Inc.(a) | 48,982 | 1,989,649 | ||||||
Travelers Cos., Inc. | 144,908 | 22,199,906 | ||||||
Unum Group(b) | 122,859 | 4,766,929 | ||||||
W R Berkley Corp. | 126,845 | 8,191,650 | ||||||
White Mountains Insurance Group Ltd.(b) | 1,716 | 2,235,982 | ||||||
Willis Towers Watson PLC(b) | 66,353 | 13,332,972 | ||||||
|
| |||||||
486,666,751 | ||||||||
Interactive Media & Services(a) — 4.3% | ||||||||
Alphabet, Inc., Class A(b) | 3,672,110 | 351,237,321 | ||||||
Alphabet, Inc., Class C(b) | 3,297,697 | 317,073,567 | ||||||
IAC, Inc.(b) | 47,168 | 2,612,164 | ||||||
Match Group, Inc. | 172,537 | 8,238,642 | ||||||
Meta Platforms, Inc., Class A | 1,399,763 | 189,919,844 | ||||||
Pinterest, Inc., Class A | 351,783 | 8,196,544 | ||||||
TripAdvisor, Inc.(b) | 58,198 | 1,285,012 | ||||||
Twitter, Inc. | 454,993 | 19,946,893 | ||||||
ZoomInfo Technologies, Inc., CLass A(b) | 168,846 | 7,034,124 | ||||||
|
| |||||||
905,544,111 | ||||||||
Internet & Direct Marketing Retail — 3.1% | ||||||||
Amazon.com, Inc.(a) | 5,425,941 | 613,131,333 | ||||||
DoorDash, Inc., Class A(a) | 152,133 | 7,522,977 | ||||||
eBay, Inc.(b) | 332,919 | 12,254,748 | ||||||
Etsy, Inc.(a)(b) | 76,446 | 7,654,538 | ||||||
Wayfair, Inc., Class A(a)(b) | 47,080 | 1,532,454 | ||||||
|
| |||||||
642,096,050 | ||||||||
IT Services — 4.5% | ||||||||
Accenture PLC, Class A(b) | 386,808 | 99,525,699 | ||||||
Affirm Holdings, Inc.(a)(b) | 104,565 | 1,961,639 | ||||||
Akamai Technologies, Inc.(a) | 96,019 | 7,712,246 | ||||||
Amdocs Ltd.(b) | 73,008 | 5,800,486 | ||||||
Automatic Data Processing, Inc. | 254,892 | 57,654,022 | ||||||
Block, Inc.(a) | 319,992 | 17,596,360 | ||||||
Broadridge Financial Solutions, Inc. | 71,745 | 10,354,238 | ||||||
Cloudflare, Inc., Class A(a)(b) | 171,012 | 9,458,674 | ||||||
Cognizant Technology Solutions Corp., Class A | 316,103 | 18,156,956 | ||||||
Concentrix Corp. | 27,024 | 3,016,689 | ||||||
DXC Technology Co.(a)(b) | 145,021 | 3,550,114 | ||||||
EPAM Systems, Inc.(a) | 33,194 | 12,022,535 | ||||||
Euronet Worldwide, Inc.(a)(b) | 28,665 | 2,171,660 | ||||||
Fidelity National Information Services, Inc. | 372,321 | 28,136,298 | ||||||
Fiserv, Inc.(a) | 359,344 | 33,623,818 | ||||||
FleetCor Technologies, Inc.(a) | 44,223 | 7,790,766 | ||||||
Gartner, Inc.(a) | 46,482 | 12,861,105 | ||||||
Genpact Ltd. | 111,034 | 4,859,958 | ||||||
Global Payments, Inc.(b) | 168,443 | 18,200,266 | ||||||
Globant SA(a) | 25,262 | 4,726,015 | ||||||
GoDaddy, Inc., Class A(a) | 94,753 | 6,716,093 | ||||||
International Business Machines Corp.(b) | 549,369 | 65,270,531 | ||||||
Jack Henry & Associates, Inc.(b) | 44,795 | 8,164,785 | ||||||
Kyndryl Holdings, Inc.(a)(b) | 128,713 | 1,064,457 | ||||||
Mastercard, Inc., Class A | 525,507 | 149,422,660 | ||||||
MongoDB, Inc.(a) | 39,490 | 7,841,134 |
6 |
Schedule of Investments (unaudited) (continued) September 30, 2022 | Large Cap Index Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
IT Services (continued) | ||||||||
Okta, Inc.(a) | 90,315 | $ | 5,136,214 | |||||
Paychex, Inc. | 197,352 | 22,144,868 | ||||||
PayPal Holdings, Inc.(a) | 706,733 | 60,828,509 | ||||||
Shift4 Payments, Inc., Class A(a)(b) | 33,579 | 1,497,959 | ||||||
Snowflake, Inc., Class A(a)(b) | 187,094 | 31,798,496 | ||||||
SS&C Technologies Holdings, Inc. | 134,987 | 6,445,629 | ||||||
Switch, Inc., Class A | 86,115 | 2,901,214 | ||||||
Thoughtworks Holding, Inc.(a)(b) | 50,705 | 531,896 | ||||||
Toast, Inc., Class A(a) | 150,364 | 2,514,086 | ||||||
Twilio, Inc., Class A(a) | 104,586 | 7,231,076 | ||||||
VeriSign, Inc.(a) | 56,861 | 9,876,756 | ||||||
Visa, Inc., Class A(b) | 1,005,010 | 178,540,027 | ||||||
Western Union Co.(b) | 232,328 | 3,136,428 | ||||||
WEX, Inc.(a) | 26,663 | 3,384,601 | ||||||
Wix.com Ltd.(a)(b) | 31,474 | 2,462,211 | ||||||
|
| |||||||
936,089,174 | ||||||||
Leisure Products — 0.1% | ||||||||
Brunswick Corp.(b) | 46,500 | 3,043,425 | ||||||
Hasbro, Inc.(b) | 78,977 | 5,324,629 | ||||||
Mattel, Inc.(a) | 210,937 | 3,995,147 | ||||||
Peloton Interactive, Inc., Class A(a)(b) | 184,450 | 1,278,238 | ||||||
Polaris, Inc.(b) | 33,964 | 3,248,657 | ||||||
YETI Holdings, Inc.(a) | 55,061 | 1,570,340 | ||||||
|
| |||||||
18,460,436 | ||||||||
Life Sciences Tools & Services — 1.8% | ||||||||
10X Genomics, Inc., Class A(a) | 54,163 | 1,542,562 | ||||||
Agilent Technologies, Inc.(b) | 183,522 | 22,307,099 | ||||||
Avantor, Inc.(a) | 375,450 | 7,358,820 | ||||||
Azenta, Inc.(b) | 45,209 | 1,937,658 | ||||||
Bio-Rad Laboratories, Inc., Class A(a) | 12,965 | 5,408,220 | ||||||
Bio-Techne Corp. | 23,864 | 6,777,376 | ||||||
Bruker Corp. | 64,946 | 3,446,035 | ||||||
Charles River Laboratories International, | 30,758 | 6,053,174 | ||||||
Danaher Corp. | 395,174 | 102,069,492 | ||||||
Illumina, Inc.(a) | 95,521 | 18,224,452 | ||||||
IQVIA Holdings, Inc.(a) | 113,490 | 20,557,579 | ||||||
Maravai LifeSciences Holdings, Inc., | 64,873 | 1,656,208 | ||||||
Mettler-Toledo International, Inc.(a) | 13,714 | 14,867,622 | ||||||
PerkinElmer, Inc. | 77,606 | 9,338,330 | ||||||
QIAGEN NV(a)(b) | 138,381 | 5,712,368 | ||||||
Repligen Corp.(a) | 34,119 | 6,384,006 | ||||||
Sotera Health Co.(a) | 62,387 | 425,479 | ||||||
Syneos Health, Inc.(a) | 61,881 | 2,917,689 | ||||||
Thermo Fisher Scientific, Inc.(b) | 238,856 | 121,145,375 | ||||||
Waters Corp.(a) | 36,348 | 9,796,876 | ||||||
West Pharmaceutical Services, Inc. | 44,913 | 11,052,191 | ||||||
|
| |||||||
378,978,611 | ||||||||
Machinery — 1.7% | ||||||||
AGCO Corp. | 38,421 | 3,694,948 | ||||||
Allison Transmission Holdings, Inc.(b) | 60,337 | 2,036,977 | ||||||
Ardagh Group SA(a) | 6,425 | 55,126 | ||||||
Caterpillar, Inc.(b) | 322,245 | 52,873,960 | ||||||
Crane Holdings Co.(b) | 27,456 | 2,403,498 | ||||||
Cummins, Inc.(b) | 86,161 | 17,534,625 | ||||||
Deere & Co.(b) | 171,120 | 57,135,257 | ||||||
Donaldson Co., Inc. | 77,148 | 3,781,023 | ||||||
Dover Corp. | 88,127 | 10,273,846 | ||||||
Esab Corp.(b) | 31,502 | 1,050,907 | ||||||
Flowserve Corp.(b) | 76,186 | 1,851,320 | ||||||
Fortive Corp. | 218,169 | 12,719,253 |
Security | Shares | Value | ||||||
Machinery (continued) | ||||||||
Gates Industrial Corp. PLC(a)(b) | 58,319 | $ | 569,193 | |||||
Graco, Inc.(b) | 102,202 | 6,127,010 | ||||||
IDEX Corp.(b) | 46,241 | 9,241,264 | ||||||
Illinois Tool Works, Inc.(b) | 189,117 | 34,163,986 | ||||||
Ingersoll Rand, Inc.(b) | 247,199 | 10,693,829 | ||||||
ITT, Inc. | 49,721 | 3,248,770 | ||||||
Lincoln Electric Holdings, Inc.(b) | 33,675 | 4,233,621 | ||||||
Middleby Corp.(a) | 33,693 | 4,318,432 | ||||||
Nordson Corp.(b) | 35,674 | 7,572,520 | ||||||
Oshkosh Corp. | 39,244 | 2,758,461 | ||||||
Otis Worldwide Corp. | 258,083 | 16,465,695 | ||||||
PACCAR, Inc. | 208,097 | 17,415,638 | ||||||
Parker-Hannifin Corp. | 77,688 | 18,824,579 | ||||||
Pentair PLC | 99,452 | 4,040,735 | ||||||
Snap-on, Inc.(b) | 32,108 | 6,464,946 | ||||||
Stanley Black & Decker, Inc.(b) | 91,811 | 6,905,105 | ||||||
Timken Co.(b) | 39,631 | 2,339,814 | ||||||
Toro Co.(b) | 63,877 | 5,524,083 | ||||||
Westinghouse Air Brake Technologies Corp.(b) | 110,629 | 8,999,669 | ||||||
Xylem, Inc.(b) | 110,281 | 9,634,148 | ||||||
|
| |||||||
344,952,238 | ||||||||
Marine — 0.0% | ||||||||
Kirby Corp.(a) | 36,738 | 2,232,568 | ||||||
|
| |||||||
Media — 0.8% | ||||||||
Altice USA, Inc., Class A(a) | 121,027 | 705,587 | ||||||
Cable One, Inc.(b) | 3,536 | 3,016,385 | ||||||
Charter Communications, Inc., Class A(a) | 67,712 | 20,540,435 | ||||||
Comcast Corp., Class A | 2,673,335 | 78,408,916 | ||||||
DISH Network Corp., Class A(a) | 158,444 | 2,191,281 | ||||||
Fox Corp., Class A | 182,323 | 5,593,670 | ||||||
Fox Corp., Class B(b) | 84,143 | 2,398,075 | ||||||
Interpublic Group of Cos., Inc.(b) | 237,375 | 6,076,800 | ||||||
Liberty Broadband Corp., Class A(a)(b) | 13,216 | 985,914 | ||||||
Liberty Broadband Corp., Class C(a) | 74,765 | 5,517,657 | ||||||
Liberty Media Corp.-Liberty SiriusXM, | 44,699 | 1,701,691 | ||||||
Liberty Media Corp.-Liberty SiriusXM, | 92,070 | 3,471,960 | ||||||
New York Times Co., Class A(b) | 100,124 | 2,878,565 | ||||||
News Corp., Class A | 228,545 | 3,453,315 | ||||||
News Corp., Class B(b) | 71,927 | 1,109,114 | ||||||
Nexstar Media Group, Inc., Class A(b) | 22,577 | 3,766,972 | ||||||
Omnicom Group, Inc.(b) | 123,965 | 7,820,952 | ||||||
Paramount Global, Class A(b) | 7,797 | 167,947 | ||||||
Paramount Global, Class B(b) | 349,585 | 6,656,098 | ||||||
Sirius XM Holdings, Inc.(b) | 422,478 | 2,412,349 | ||||||
Trade Desk, Inc., Class A(a) | 267,637 | 15,991,311 | ||||||
|
| |||||||
174,864,994 | ||||||||
Metals & Mining — 0.5% | ||||||||
Alcoa Corp.(b) | 110,209 | 3,709,635 | ||||||
Cleveland-Cliffs, Inc.(a)(b) | 309,302 | 4,166,298 | ||||||
Freeport-McMoRan, Inc. | 871,389 | 23,815,061 | ||||||
MP Materials Corp.(a)(b) | 54,038 | 1,475,237 | ||||||
Newmont Corp. | 482,501 | 20,279,517 | ||||||
Nucor Corp.(b) | 158,474 | 16,955,133 | ||||||
Reliance Steel & Aluminum Co. | 36,832 | 6,423,869 | ||||||
Royal Gold, Inc.(b) | 39,119 | 3,670,145 | ||||||
Southern Copper Corp.(b) | 50,271 | 2,254,152 | ||||||
SSR Mining, Inc.(b) | 126,267 | 1,857,388 |
MASTER PORTFOLIO SCHEDULE OF INVESTMENTS | 7 |
Schedule of Investments (unaudited) (continued) September 30, 2022 | Large Cap Index Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Metals & Mining (continued) | ||||||||
Steel Dynamics, Inc.(b) | 107,143 | $ | 7,601,796 | |||||
U.S. Steel Corp.(b) | 142,320 | 2,578,838 | ||||||
|
| |||||||
94,787,069 | ||||||||
Mortgage Real Estate Investment Trusts (REITs)(b) — 0.1% | ||||||||
AGNC Investment Corp. | 314,083 | 2,644,579 | ||||||
Annaly Capital Management, Inc. | 260,759 | 4,474,625 | ||||||
Rithm Capital Corp. | 260,622 | 1,907,753 | ||||||
Starwood Property Trust, Inc. | 182,547 | 3,326,006 | ||||||
|
| |||||||
12,352,963 | ||||||||
Multiline Retail — 0.5% | ||||||||
Dollar General Corp.(b) | 139,563 | 33,475,581 | ||||||
Dollar Tree, Inc.(a) | 129,595 | 17,637,879 | ||||||
Kohl’s Corp.(b) | 76,214 | 1,916,782 | ||||||
Macy’s, Inc.(b) | 169,507 | 2,656,175 | ||||||
Nordstrom, Inc.(b) | 70,287 | 1,175,902 | ||||||
Ollie’s Bargain Outlet Holdings, Inc.(a)(b) | 39,632 | 2,045,011 | ||||||
Target Corp.(b) | 282,703 | 41,950,298 | ||||||
|
| |||||||
100,857,628 | ||||||||
Multi-Utilities — 0.8% | ||||||||
Ameren Corp. | 156,976 | 12,644,417 | ||||||
CenterPoint Energy, Inc.(b) | 383,129 | 10,796,575 | ||||||
CMS Energy Corp.(b) | 177,186 | 10,319,313 | ||||||
Consolidated Edison, Inc.(b) | 215,388 | 18,471,675 | ||||||
Dominion Energy, Inc.(b) | 507,974 | 35,106,083 | ||||||
DTE Energy Co. | 117,331 | 13,498,932 | ||||||
NiSource, Inc.(b) | 249,591 | 6,287,197 | ||||||
Public Service Enterprise Group, Inc. | 302,366 | 17,002,040 | ||||||
Sempra Energy(b) | 191,980 | 28,785,481 | ||||||
WEC Energy Group, Inc. | 191,668 | 17,140,869 | ||||||
|
| |||||||
170,052,582 | ||||||||
Oil, Gas & Consumable Fuels — 4.3% | ||||||||
Antero Midstream Corp.(b) | 194,309 | 1,783,757 | ||||||
Antero Resources Corp.(a) | 176,532 | 5,389,522 | ||||||
APA Corp. | 202,350 | 6,918,346 | ||||||
Cheniere Energy, Inc. | 152,047 | 25,226,118 | ||||||
Chesapeake Energy Corp.(b) | 73,330 | 6,908,419 | ||||||
Chevron Corp. | 1,199,691 | 172,359,606 | ||||||
ConocoPhillips(b) | 777,364 | 79,555,432 | ||||||
Continental Resources, Inc.(b) | 21,469 | 1,434,344 | ||||||
Coterra Energy, Inc.(b) | 478,844 | 12,507,405 | ||||||
Devon Energy Corp. | 401,650 | 24,151,214 | ||||||
Diamondback Energy, Inc.(b) | 104,800 | 12,624,208 | ||||||
DT Midstream, Inc.(a)(b) | 60,911 | 3,160,672 | ||||||
Enviva, Inc.(b) | 18,229 | 1,094,834 | ||||||
EOG Resources, Inc.(b) | 356,973 | 39,884,593 | ||||||
EQT Corp. | 226,053 | 9,211,660 | ||||||
Exxon Mobil Corp. | 2,545,862 | 222,279,211 | ||||||
Hess Corp.(b) | 170,952 | 18,632,058 | ||||||
HF Sinclair Corp. | 89,427 | 4,814,750 | ||||||
Kinder Morgan, Inc. | 1,205,948 | 20,066,975 | ||||||
Marathon Oil Corp. | 409,042 | 9,236,168 | ||||||
Marathon Petroleum Corp. | 303,937 | 30,190,062 | ||||||
New Fortress Energy, Inc. | 28,697 | 1,254,346 | ||||||
Occidental Petroleum Corp. | 499,309 | 30,682,538 | ||||||
ONEOK, Inc.(b) | 272,993 | 13,988,161 | ||||||
Ovintiv, Inc. | 155,117 | 7,135,382 | ||||||
PDC Energy, Inc.(b) | 56,350 | 3,256,467 | ||||||
Phillips 66(b) | 294,143 | 23,743,223 | ||||||
Pioneer Natural Resources Co. | 145,032 | 31,403,779 | ||||||
Range Resources Corp. | 156,573 | 3,955,034 |
Security | Shares | Value | ||||||
Oil, Gas & Consumable Fuels (continued) | ||||||||
Southwestern Energy Co.(a) | 691,821 | $ | 4,233,945 | |||||
Targa Resources Corp. | 136,538 | 8,238,703 | ||||||
Texas Pacific Land Corp.(b) | 3,508 | 6,234,523 | ||||||
Valero Energy Corp. | 238,199 | 25,451,563 | ||||||
Williams Cos., Inc.(b) | 745,026 | 21,330,094 | ||||||
|
| |||||||
888,337,112 | ||||||||
Paper & Forest Products — 0.0% | ||||||||
Louisiana-Pacific Corp.(b) | 48,484 | 2,481,896 | ||||||
|
| |||||||
Personal Products — 0.2% | ||||||||
Coty, Inc., Class A(a) | 211,410 | 1,336,111 | ||||||
Estee Lauder Cos., Inc., Class A | 140,062 | 30,239,386 | ||||||
Olaplex Holdings, Inc.(a)(b) | 74,023 | 706,920 | ||||||
|
| |||||||
32,282,417 | ||||||||
Pharmaceuticals — 4.2% | ||||||||
Bristol-Myers Squibb Co.(b) | 1,300,106 | 92,424,535 | ||||||
Catalent, Inc.(a) | 105,362 | 7,623,994 | ||||||
Elanco Animal Health, Inc.(a) | 266,517 | 3,307,476 | ||||||
Eli Lilly & Co. | 514,378 | 166,324,126 | ||||||
Jazz Pharmaceuticals PLC(a) | 36,509 | 4,866,285 | ||||||
Johnson & Johnson | 1,606,613 | 262,456,300 | ||||||
Merck & Co., Inc.(b) | 1,544,297 | 132,994,858 | ||||||
Organon & Co. | 153,927 | 3,601,892 | ||||||
Perrigo Co. PLC | 83,283 | 2,969,872 | ||||||
Pfizer, Inc.(b) | 3,450,319 | 150,985,959 | ||||||
Royalty Pharma PLC, Class A(b) | 223,620 | 8,985,051 | ||||||
Viatris, Inc. | 738,905 | 6,295,471 | ||||||
Zoetis, Inc. | 287,414 | 42,620,622 | ||||||
|
| |||||||
885,456,441 | ||||||||
Professional Services — 0.5% | ||||||||
Booz Allen Hamilton Holding Corp. | 79,467 | 7,338,777 | ||||||
CACI International, Inc., Class A(a) | 13,905 | 3,630,039 | ||||||
Clarivate PLC(a)(b) | 286,826 | 2,693,296 | ||||||
CoStar Group, Inc.(a) | 241,020 | 16,787,043 | ||||||
Dun & Bradstreet Holdings, Inc.(b) | 149,741 | 1,855,291 | ||||||
Equifax, Inc.(b) | 73,909 | 12,670,220 | ||||||
FTI Consulting, Inc.(a)(b) | 20,290 | 3,362,256 | ||||||
Jacobs Solutions, Inc.(b) | 77,936 | 8,455,277 | ||||||
KBR, Inc.(b) | 82,599 | 3,569,929 | ||||||
Leidos Holdings, Inc. | 83,351 | 7,290,712 | ||||||
ManpowerGroup, Inc.(b) | 31,630 | 2,046,145 | ||||||
Nielsen Holdings PLC | 218,845 | 6,066,383 | ||||||
Robert Half International, Inc.(b) | 64,852 | 4,961,178 | ||||||
Science Applications International Corp.(b) | 32,942 | 2,913,061 | ||||||
TransUnion | 116,750 | 6,945,458 | ||||||
Verisk Analytics, Inc.(b) | 95,033 | 16,205,977 | ||||||
|
| |||||||
106,791,042 | ||||||||
Real Estate Management & Development(a) — 0.1% | ||||||||
CBRE Group, Inc., Class A | 194,057 | 13,100,788 | ||||||
Howard Hughes Corp.(b) | 22,290 | 1,234,643 | ||||||
Jones Lang LaSalle, Inc. | 29,751 | 4,494,484 | ||||||
Opendoor Technologies, Inc. | 279,919 | 870,548 | ||||||
WeWork, Inc., Class A(b) | 77,407 | 205,129 | ||||||
Zillow Group, Inc., Class A(b) | 33,710 | 965,117 | ||||||
Zillow Group, Inc., Class C(b) | 98,592 | 2,820,717 | ||||||
|
| |||||||
23,691,426 | ||||||||
Road & Rail — 1.0% | ||||||||
AMERCO(b) | 5,406 | 2,752,843 | ||||||
Avis Budget Group, Inc.(a) | 17,711 | 2,629,375 | ||||||
CSX Corp. | 1,305,724 | 34,784,488 | ||||||
Hertz Global Holdings, Inc.(a)(b) | 123,337 | 2,007,926 |
8 |
Schedule of Investments (unaudited) (continued) September 30, 2022 | Large Cap Index Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Road & Rail (continued) | ||||||||
JB Hunt Transport Services, Inc.(b) | 51,326 | $ | 8,028,413 | |||||
Knight-Swift Transportation Holdings, Inc.(b) | 94,897 | 4,643,310 | ||||||
Landstar System, Inc.(b) | 21,783 | 3,144,812 | ||||||
Lyft, Inc., Class A(a)(b) | 186,875 | 2,461,144 | ||||||
Norfolk Southern Corp. | 143,043 | 29,988,965 | ||||||
Old Dominion Freight Line, Inc.(b) | 61,609 | 15,326,471 | ||||||
Ryder System, Inc.(b) | 29,094 | 2,196,306 | ||||||
Schneider National, Inc., Class B | 30,004 | 609,081 | ||||||
Uber Technologies, Inc.(a) | 1,153,302 | 30,562,503 | ||||||
Union Pacific Corp. | 383,239 | 74,662,622 | ||||||
XPO Logistics, Inc.(a) | 61,561 | 2,740,696 | ||||||
|
| |||||||
216,538,955 | ||||||||
Semiconductors & Semiconductor Equipment — 4.3% | ||||||||
Advanced Micro Devices, Inc.(a) | 985,999 | 62,472,897 | ||||||
Allegro MicroSystems, Inc.(a)(b) | 41,568 | 908,261 | ||||||
Analog Devices, Inc. | 318,648 | 44,400,412 | ||||||
Applied Materials, Inc. | 530,060 | 43,427,816 | ||||||
Broadcom, Inc. | 241,109 | 107,054,807 | ||||||
Cirrus Logic, Inc.(a) | 34,221 | 2,354,405 | ||||||
Enphase Energy, Inc.(a) | 80,104 | 22,226,457 | ||||||
Entegris, Inc. | 90,288 | 7,495,710 | ||||||
First Solar, Inc.(a)(b) | 65,581 | 8,674,399 | ||||||
Globalfoundries, Inc.(a)(b) | 37,213 | 1,799,248 | ||||||
Intel Corp. | 2,498,128 | 64,376,759 | ||||||
KLA Corp. | 86,623 | 26,214,718 | ||||||
Lam Research Corp. | 83,514 | 30,566,124 | ||||||
Lattice Semiconductor Corp.(a) | 80,975 | 3,984,780 | ||||||
Marvell Technology, Inc. | 519,486 | 22,291,144 | ||||||
Microchip Technology, Inc.(b) | 326,604 | 19,932,642 | ||||||
Micron Technology, Inc.(b) | 672,519 | 33,693,202 | ||||||
MKS Instruments, Inc. | 34,149 | 2,822,073 | ||||||
Monolithic Power Systems, Inc.(b) | 27,631 | 10,041,105 | ||||||
NVIDIA Corp.(b) | 1,470,148 | 178,461,266 | ||||||
ON Semiconductor Corp.(a) | 266,314 | 16,599,352 | ||||||
Qorvo, Inc.(a) | 62,325 | 4,949,228 | ||||||
Qualcomm, Inc. | 684,028 | 77,281,483 | ||||||
Skyworks Solutions, Inc. | 98,058 | 8,361,406 | ||||||
Teradyne, Inc.(b) | 96,981 | 7,288,122 | ||||||
Texas Instruments, Inc. | 562,858 | 87,119,161 | ||||||
Universal Display Corp.(b) | 26,964 | 2,544,053 | ||||||
Wolfspeed, Inc.(a)(b) | 69,721 | 7,206,363 | ||||||
|
| |||||||
904,547,393 | ||||||||
Software — 8.8% | ||||||||
Adobe, Inc.(a) | 288,079 | 79,279,341 | ||||||
Alteryx, Inc., Class A(a)(b) | 35,262 | 1,969,030 | ||||||
ANSYS, Inc.(a) | 53,414 | 11,841,884 | ||||||
AppLovin Corp., Class A(a)(b) | 133,906 | 2,609,828 | ||||||
Aspen Technology, Inc.(a)(b) | 16,323 | 3,888,139 | ||||||
Atlassian Corp. PLC, Class A(a) | 83,720 | 17,630,595 | ||||||
Autodesk, Inc.(a) | 132,992 | 24,842,906 | ||||||
Avalara, Inc.(a) | 53,071 | 4,871,918 | ||||||
Bentley Systems, Inc., Class B(b) | 100,640 | 3,078,578 | ||||||
Bill.com Holdings, Inc.(a)(b) | 58,746 | 7,776,208 | ||||||
Black Knight, Inc.(a) | 92,931 | 6,015,424 | ||||||
Cadence Design Systems, Inc.(a) | 166,472 | 27,206,519 | ||||||
CCC Intelligent Solutions Holdings, Inc.(a)(b) | 100,713 | 916,488 | ||||||
Ceridian HCM Holding, Inc.(a) | 84,125 | 4,700,905 | ||||||
Citrix Systems, Inc.(b) | 76,214 | 7,918,635 | ||||||
Confluent, Inc., Class A(a) | 73,974 | 1,758,362 | ||||||
Coupa Software, Inc.(a) | 45,608 | 2,681,750 | ||||||
Crowdstrike Holdings, Inc., Class A(a) | 127,550 | 21,021,515 |
Security | Shares | Value | ||||||
Software (continued) | ||||||||
Datadog, Inc., Class A(a) | 160,790 | $ | 14,274,936 | |||||
DocuSign, Inc.(a)(b) | 118,961 | 6,360,845 | ||||||
Dolby Laboratories, Inc., Class A(b) | 38,321 | 2,496,613 | ||||||
DoubleVerify Holdings, Inc.(a)(b) | 38,177 | 1,044,141 | ||||||
Dropbox, Inc., Class A(a) | 173,630 | 3,597,614 | ||||||
Dynatrace, Inc.(a) | 119,957 | 4,175,703 | ||||||
Elastic NV(a) | 47,015 | 3,372,856 | ||||||
Fair Isaac Corp.(a) | 15,283 | 6,296,749 | ||||||
Five9, Inc.(a) | 41,693 | 3,126,141 | ||||||
Fortinet, Inc.(a) | 395,231 | 19,417,699 | ||||||
Guidewire Software, Inc.(a)(b) | 52,727 | 3,246,929 | ||||||
HubSpot, Inc.(a)(b) | 27,607 | 7,457,203 | ||||||
Informatica, Inc., Class A(a)(b) | 18,554 | 372,379 | ||||||
Intuit, Inc. | 168,225 | 65,156,907 | ||||||
Jamf Holding Corp.(a)(b) | 42,816 | 948,803 | ||||||
Manhattan Associates, Inc.(a) | 37,592 | 5,000,864 | ||||||
Microsoft Corp. | 4,567,800 | 1,063,840,620 | ||||||
nCino, Inc.(a)(b) | 42,161 | 1,438,112 | ||||||
NCR Corp.(a) | 79,246 | 1,506,466 | ||||||
New Relic, Inc.(a) | 30,316 | 1,739,532 | ||||||
NortonLifeLock, Inc.(b) | 352,478 | 7,098,907 | ||||||
Nutanix, Inc., Class A(a) | 135,190 | 2,816,008 | ||||||
Oracle Corp. | 923,439 | 56,394,420 | ||||||
Palantir Technologies, Inc., Class A(a)(b) | 1,100,082 | 8,943,667 | ||||||
Palo Alto Networks, Inc.(a)(b) | 179,393 | 29,382,779 | ||||||
Paycom Software, Inc.(a) | 31,205 | 10,297,338 | ||||||
Paycor HCM, Inc.(a)(b) | 32,514 | 961,114 | ||||||
Paylocity Holding Corp.(a)(b) | 24,485 | 5,915,086 | ||||||
Pegasystems, Inc.(b) | 24,451 | 785,855 | ||||||
Procore Technologies, Inc.(a)(b) | 41,601 | 2,058,417 | ||||||
PTC, Inc.(a) | 65,024 | 6,801,510 | ||||||
RingCentral, Inc., Class A(a) | 49,946 | 1,995,842 | ||||||
Roper Technologies, Inc.(b) | 64,557 | 23,217,279 | ||||||
Salesforce, Inc.(a) | 587,505 | 84,506,719 | ||||||
SentinelOne, Inc., Class A(a)(b) | 111,943 | 2,861,263 | ||||||
ServiceNow, Inc.(a) | 122,227 | 46,154,137 | ||||||
Smartsheet, Inc., Class A(a) | 75,310 | 2,587,652 | ||||||
Splunk, Inc.(a) | 98,629 | 7,416,901 | ||||||
Synopsys, Inc.(a) | 92,998 | 28,411,819 | ||||||
Teradata Corp.(a) | 62,987 | 1,956,376 | ||||||
Tyler Technologies, Inc.(a) | 25,416 | 8,832,060 | ||||||
UiPath, Inc., Class A(a)(b) | 222,373 | 2,804,124 | ||||||
Unity Software, Inc.(a)(b) | 127,497 | 4,062,054 | ||||||
VMware, Inc., Class A(b) | 128,274 | 13,656,050 | ||||||
Workday, Inc., Class A(a) | 120,997 | 18,418,163 | ||||||
Zendesk, Inc.(a) | 72,748 | 5,536,123 | ||||||
Zoom Video Communications, Inc., | 154,214 | 11,348,608 | ||||||
Zscaler, Inc.(a)(b) | 51,023 | 8,386,650 | ||||||
|
| |||||||
1,848,486,058 | ||||||||
Specialty Retail — 2.2% | ||||||||
Advance Auto Parts, Inc.(b) | 36,907 | 5,770,040 | ||||||
AutoNation, Inc.(a)(b) | 24,067 | 2,451,705 | ||||||
AutoZone, Inc.(a) | 11,890 | 25,467,548 | ||||||
Bath & Body Works, Inc. | 143,207 | 4,668,548 | ||||||
Best Buy Co., Inc.(b) | 122,945 | 7,787,336 | ||||||
Burlington Stores, Inc.(a)(b) | 39,684 | 4,440,243 | ||||||
CarMax, Inc.(a)(b) | 96,722 | 6,385,587 | ||||||
Carvana Co.(a)(b) | 62,123 | 1,261,097 | ||||||
Dick’s Sporting Goods, Inc. | 32,841 | 3,436,482 | ||||||
Five Below, Inc.(a)(b) | 32,794 | 4,514,750 | ||||||
Floor & Decor Holdings, Inc., Class A(a)(b) | 61,940 | 4,351,904 | ||||||
GameStop Corp., Class A(a)(b) | 163,588 | 4,110,967 |
MASTER PORTFOLIO SCHEDULE OF INVESTMENTS | 9 |
Schedule of Investments (unaudited) (continued) September 30, 2022 | Large Cap Index Master Portfolio (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
| ||||||||
Specialty Retail (continued) | ||||||||
Gap, Inc.(b) | 121,344 | $ | 996,234 | |||||
Home Depot, Inc. | 630,767 | 174,053,846 | ||||||
Leslie’s, Inc.(a)(b) | 94,145 | 1,384,873 | ||||||
Lithia Motors, Inc.(b) | 16,956 | 3,637,910 | ||||||
Lowe’s Cos., Inc.(b) | 390,348 | 73,311,258 | ||||||
O’Reilly Automotive, Inc.(a) | 38,313 | 26,947,449 | ||||||
Penske Automotive Group, Inc.(b) | 16,349 | 1,609,232 | ||||||
Petco Health & Wellness Co., Inc.(a)(b) | 47,926 | 534,854 | ||||||
RH(a) | 11,973 | 2,946,196 | ||||||
Ross Stores, Inc.(b) | 210,544 | 17,742,543 | ||||||
TJX Cos., Inc.(b) | 716,679 | 44,520,100 | ||||||
Tractor Supply Co.(b) | 68,825 | 12,793,191 | ||||||
Ulta Beauty, Inc.(a) | 31,131 | 12,489,446 | ||||||
Victoria’s Secret & Co.(a)(b) | 49,253 | 1,434,247 | ||||||
Williams-Sonoma, Inc.(b) | 41,644 | 4,907,745 | ||||||
|
| |||||||
453,955,331 | ||||||||
Technology Hardware, Storage & Peripherals — 6.4% | ||||||||
Apple, Inc. | 9,334,726 | 1,290,059,133 | ||||||
Dell Technologies, Inc., Class C | 161,000 | 5,501,370 | ||||||
Hewlett Packard Enterprise Co.(b) | 800,976 | 9,595,693 | ||||||
HP, Inc. | 634,979 | 15,823,677 | ||||||
NetApp, Inc. | 133,579 | 8,261,861 | ||||||
Pure Storage, Inc., Class A(a) | 175,856 | 4,813,179 | ||||||
Western Digital Corp.(a)(b) | 190,479 | 6,200,091 | ||||||
|
| |||||||
1,340,255,004 | ||||||||
Textiles, Apparel & Luxury Goods — 0.5% | ||||||||
Capri Holdings Ltd.(a) | 85,407 | 3,283,045 | ||||||
Carter’s, Inc.(b) | 23,015 | 1,508,173 | ||||||
Columbia Sportswear Co.(b) | 21,331 | 1,435,576 | ||||||
Deckers Outdoor Corp.(a) | 15,945 | 4,984,567 | ||||||
Hanesbrands, Inc.(b) | 203,491 | 1,416,297 | ||||||
Lululemon Athletica, Inc.(a) | 67,747 | 18,939,351 | ||||||
NIKE, Inc., Class B | 748,001 | 62,173,843 | ||||||
PVH Corp.(b) | 42,093 | 1,885,767 | ||||||
Ralph Lauren Corp.(b) | 27,530 | 2,338,123 | ||||||
Skechers USA, Inc., Class A(a) | 80,757 | 2,561,612 | ||||||
Tapestry, Inc. | 152,521 | 4,336,172 | ||||||
Under Armour, Inc., Class A(a) | 103,779 | 690,130 | ||||||
Under Armour, Inc., Class C(a) | 128,526 | 766,015 | ||||||
VF Corp.(b) | 213,254 | 6,378,427 | ||||||
|
| |||||||
112,697,098 | ||||||||
Thrifts & Mortgage Finance — 0.0% | ||||||||
MGIC Investment Corp. | 181,135 | 2,322,151 | ||||||
New York Community Bancorp, Inc.(b) | 271,919 | 2,319,469 | ||||||
Rocket Cos., Inc., Class A(b) | 81,478 | 514,941 | ||||||
TFS Financial Corp.(b) | 35,153 | 456,989 | ||||||
UWM Holdings Corp.(b) | 64,344 | 188,528 | ||||||
|
| |||||||
5,802,078 | ||||||||
Tobacco — 0.6% | ||||||||
Altria Group, Inc. | 1,105,636 | 44,645,582 | ||||||
Philip Morris International, Inc. | 945,954 | 78,523,641 | ||||||
|
| |||||||
123,169,223 |
Security | Shares | Value | ||||||
| ||||||||
Trading Companies & Distributors — 0.3% | ||||||||
Air Lease Corp.(b) | 63,100 | $ | 1,956,731 | |||||
Core & Main, Inc., Class A(a) | 47,150 | 1,072,191 | ||||||
Fastenal Co.(b) | 351,089 | 16,164,138 | ||||||
MSC Industrial Direct Co., Inc., Class A | 27,634 | 2,012,032 | ||||||
SiteOne Landscape Supply, Inc.(a)(b) | 26,294 | 2,738,257 | ||||||
United Rentals, Inc.(a) | 42,292 | 11,423,915 | ||||||
Univar Solutions, Inc.(a) | 100,479 | 2,284,892 | ||||||
W.W.Grainger, Inc.(b) | 27,938 | 13,666,990 | ||||||
Watsco, Inc.(b) | 19,901 | 5,123,711 | ||||||
WESCO International, Inc.(a) | 26,533 | 3,167,510 | ||||||
|
| |||||||
59,610,367 | ||||||||
Water Utilities(b) — 0.1% | ||||||||
American Water Works Co., Inc. | 111,608 | 14,526,897 | ||||||
Essential Utilities, Inc. | 140,970 | 5,833,339 | ||||||
|
| |||||||
20,360,236 | ||||||||
Wireless Telecommunication Services — 0.2% | ||||||||
T-Mobile U.S., Inc.(a) | 363,672 | 48,793,872 | ||||||
|
| |||||||
Total Common Stocks — 97.6% | 20,442,028,170 | |||||||
|
| |||||||
Investment Companies | ||||||||
Equity Real Estate Investment Trusts (REITs) — 1.3% | ||||||||
iShares Russell 1000 ETF(b)(c)(d) | 1,450,318 | 286,191,251 | ||||||
|
| |||||||
Total Investment Companies — 1.3% |
| 286,191,251 | ||||||
|
| |||||||
Total Long-Term Investments — 98.9% |
| 20,728,219,421 | ||||||
|
| |||||||
Short-Term Securities | ||||||||
Money Market Funds — 13.1% | ||||||||
BlackRock Cash Funds: Institutional, SL Agency Shares, 3.18%(c)(d)(e) | 2,526,936,691 | 2,527,694,772 | ||||||
BlackRock Cash Funds: Treasury, SL Agency Shares, 2.81%(c)(d) | 208,818,606 | 208,818,606 | ||||||
|
| |||||||
Total Short-Term Securities — 13.1% |
| 2,736,513,378 | ||||||
|
| |||||||
Total Investments — 112.0% |
| 23,464,732,799 | ||||||
Liabilities in Excess of Other Assets — (12.0)% |
| (2,517,212,268 | ) | |||||
|
| |||||||
Net Assets — 100.0% | $ | 20,947,520,531 | ||||||
|
|
(a) | Non-income producing security. |
(b) | All or a portion of this security is on loan. |
(c) | Affiliate of the Master Portfolio. |
(d) | Annualized 7-day yield as of period end. |
(e) | All or a portion of this security was purchased with the cash collateral from loaned 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.
10 |
Schedule of Investments (unaudited) (continued) September 30, 2022 | Large Cap Index Master Portfolio |
Affiliates
Investments in issuers considered to be affiliate(s) of the Master Portfolio during the period ended September 30, 2022 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
| ||||||||||||||||||||||||||||||||||||||||||
Affiliated Issuer | Value at 12/31/21 | Purchases at Cost | Proceeds from Sales | Net Realized | Change in Unrealized Appreciation (Depreciation) | Value at 09/30/22 | Shares Held at 09/30/22 | Income | Capital Gain Distributions from Underlying Funds | |||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||
BlackRock Cash Funds: Institutional, SL Agency Shares | $ | 1,584,757,900 | $ | 942,797,595 | (a) | $ | — | $ | (512,607 | ) | $ | 651,884 | $ | 2,527,694,772 | 2,526,936,691 | $ | 3,784,560 | (b) | $ | — | ||||||||||||||||||||||
BlackRock Cash Funds: Treasury, SL Agency Shares | 227,588,973 | — | (18,770,367 | )(a) | — | — | 208,818,606 | 208,818,606 | 1,188,634 | — | ||||||||||||||||||||||||||||||||
BlackRock, Inc. | 70,074,216 | 11,938,386 | (1,619,006 | ) | (401,896 | ) | (29,586,052 | ) | 50,405,648 | 91,600 | 1,248,787 | — | ||||||||||||||||||||||||||||||
iShares Russell 1000 ETF | 229,918,183 | 2,683,025,607 | (2,564,646,704 | ) | (17,296,628 | ) | (44,809,207 | ) | 286,191,251 | 1,450,318 | 1,887,114 | — | ||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||||||||||||||||||||||
$ | (18,211,131 | ) | $ | (73,743,375 | ) | $ | 3,073,110,277 | $ | 8,109,095 | $ | — | |||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
(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. |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
| ||||||||||||||||
Description | Number of Contracts | Expiration Date | Notional Amount (000) | Value/ Unrealized Appreciation (Depreciation) | ||||||||||||
| ||||||||||||||||
Long Contracts | ||||||||||||||||
S&P 500 E-Mini Index | 826 | 12/16/22 | $ | 148,742 | $ | (18,264,045 | ) | |||||||||
S&P Mid 400 E-Mini Index | 59 | 12/16/22 | 13,028 | (1,567,317 | ) | |||||||||||
|
| |||||||||||||||
$ | (19,831,362 | ) | ||||||||||||||
|
|
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); and |
• | Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the 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 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 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.
MASTER PORTFOLIO SCHEDULE OF INVESTMENTS | 11 |
Schedule of Investments (unaudited) (continued) September 30, 2022 | Large Cap Index Master Portfolio |
Fair Value Hierarchy as of Period End (continued)
The following table summarizes the Master Portfolio’s financial instruments categorized in the fair value hierarchy. The breakdown of the Master Portfolio’s financial instruments 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 | $ | 333,645,814 | $ | — | $ | — | $ | 333,645,814 | ||||||||
Air Freight & Logistics | 112,503,449 | — | — | 112,503,449 | ||||||||||||
Airlines | 38,930,815 | — | — | 38,930,815 | ||||||||||||
Auto Components | 26,415,183 | — | — | 26,415,183 | ||||||||||||
Automobiles | 487,288,294 | — | — | 487,288,294 | ||||||||||||
Banks | 749,170,934 | — | — | 749,170,934 | ||||||||||||
Beverages | 347,380,728 | — | — | 347,380,728 | ||||||||||||
Biotechnology | 488,080,049 | — | — | 488,080,049 | ||||||||||||
Building Products | 114,263,799 | — | — | 114,263,799 | ||||||||||||
Capital Markets | 649,118,633 | — | — | 649,118,633 | ||||||||||||
Chemicals | 359,552,595 | — | — | 359,552,595 | ||||||||||||
Commercial Services & Supplies | 112,670,340 | — | — | 112,670,340 | ||||||||||||
Communications Equipment | 160,468,934 | — | — | 160,468,934 | ||||||||||||
Construction & Engineering | 30,758,279 | — | — | 30,758,279 | ||||||||||||
Construction Materials | 27,425,731 | — | — | 27,425,731 | ||||||||||||
Consumer Finance | 109,003,784 | — | — | 109,003,784 | ||||||||||||
Containers & Packaging | 71,875,893 | — | — | 71,875,893 | ||||||||||||
Distributors | 27,573,025 | — | — | 27,573,025 | ||||||||||||
Diversified Consumer Services | 17,644,538 | — | — | 17,644,538 | ||||||||||||
Diversified Financial Services | 316,796,964 | — | — | 316,796,964 | ||||||||||||
Diversified Telecommunication Services | 172,418,998 | — | — | 172,418,998 | ||||||||||||
Electric Utilities | 384,543,271 | — | — | 384,543,271 | ||||||||||||
Electrical Equipment | 134,002,927 | — | — | 134,002,927 | ||||||||||||
Electronic Equipment, Instruments & Components | 122,513,021 | — | — | 122,513,021 | ||||||||||||
Energy Equipment & Services | 60,351,522 | — | — | 60,351,522 | ||||||||||||
Entertainment | 292,572,054 | — | — | 292,572,054 | ||||||||||||
Equity Real Estate Investment Trusts (REITs) | 627,531,835 | — | — | 627,531,835 | ||||||||||||
Food & Staples Retailing | 316,765,020 | — | — | 316,765,020 | ||||||||||||
Food Products | 231,540,294 | — | — | 231,540,294 | ||||||||||||
Gas Utilities | 15,957,632 | — | — | 15,957,632 | ||||||||||||
Health Care Equipment & Supplies | 531,257,167 | — | — | 531,257,167 | ||||||||||||
Health Care Providers & Services | 695,513,040 | — | — | 695,513,040 | ||||||||||||
Health Care Technology | 24,276,891 | — | — | 24,276,891 | ||||||||||||
Hotels, Restaurants & Leisure | 413,903,633 | — | — | 413,903,633 | ||||||||||||
Household Durables | 66,952,841 | — | — | 66,952,841 | ||||||||||||
Household Products | 264,814,584 | — | — | 264,814,584 | ||||||||||||
Independent Power and Renewable Electricity Producers | 16,993,723 | — | — | 16,993,723 | ||||||||||||
Industrial Conglomerates | 148,360,812 | — | — | 148,360,812 | ||||||||||||
Insurance | 486,666,751 | — | — | 486,666,751 | ||||||||||||
Interactive Media & Services | 905,544,111 | — | — | 905,544,111 | ||||||||||||
Internet & Direct Marketing Retail | 642,096,050 | — | — | 642,096,050 | ||||||||||||
IT Services | 936,089,174 | — | — | 936,089,174 | ||||||||||||
Leisure Products | 18,460,436 | — | — | 18,460,436 | ||||||||||||
Life Sciences Tools & Services | 378,978,611 | — | — | 378,978,611 | ||||||||||||
Machinery | 344,897,112 | 55,126 | — | 344,952,238 | ||||||||||||
Marine | 2,232,568 | — | — | 2,232,568 | ||||||||||||
Media | 174,864,994 | — | — | 174,864,994 | ||||||||||||
Metals & Mining | 94,787,069 | — | — | 94,787,069 | ||||||||||||
Mortgage Real Estate Investment Trusts (REITs) | 12,352,963 | — | — | 12,352,963 | ||||||||||||
Multiline Retail | 100,857,628 | — | — | 100,857,628 | ||||||||||||
Multi-Utilities | 170,052,582 | — | — | 170,052,582 | ||||||||||||
Oil, Gas & Consumable Fuels | 888,337,112 | — | — | 888,337,112 | ||||||||||||
Paper & Forest Products | 2,481,896 | — | — | 2,481,896 | ||||||||||||
Personal Products | 32,282,417 | — | — | 32,282,417 | ||||||||||||
Pharmaceuticals | 885,456,441 | — | — | 885,456,441 | ||||||||||||
Professional Services | 106,791,042 | — | — | 106,791,042 | ||||||||||||
Real Estate Management & Development | 23,691,426 | — | — | 23,691,426 |
12 |
Schedule of Investments (unaudited) (continued) September 30, 2022 | Large Cap Index Master Portfolio |
Fair Value Hierarchy as of Period End (continued)
| ||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
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Common Stocks (continued) | ||||||||||||||||
Road & Rail | $ | 216,538,955 | $ | — | $ | — | $ | 216,538,955 | ||||||||
Semiconductors & Semiconductor Equipment. | 904,547,393 | — | — | 904,547,393 | ||||||||||||
Software | 1,840,567,423 | 7,918,635 | — | 1,848,486,058 | ||||||||||||
Specialty Retail | 453,955,331 | — | — | 453,955,331 | ||||||||||||
Technology Hardware, Storage & Peripherals | 1,340,255,004 | — | — | 1,340,255,004 | ||||||||||||
Textiles, Apparel & Luxury Goods | 112,697,098 | — | — | 112,697,098 | ||||||||||||
Thrifts & Mortgage Finance | 5,802,078 | — | — | 5,802,078 | ||||||||||||
Tobacco | 123,169,223 | — | — | 123,169,223 | ||||||||||||
Trading Companies & Distributors | 59,610,367 | — | — | 59,610,367 | ||||||||||||
Water Utilities | 20,360,236 | — | — | 20,360,236 | ||||||||||||
Wireless Telecommunication Services | 48,793,872 | — | — | 48,793,872 | ||||||||||||
Investment Companies | 286,191,251 | — | — | 286,191,251 | ||||||||||||
Short-Term Securities | ||||||||||||||||
Money Market Funds | 2,736,513,378 | — | — | 2,736,513,378 | ||||||||||||
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$ | 23,456,759,038 | $ | 7,973,761 | $ | — | $ | 23,464,732,799 | |||||||||
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Derivative Financial Instruments(a) | ||||||||||||||||
Liabilities | ||||||||||||||||
Equity Contracts | $ | (19,831,362 | ) | $ | — | $ | — | $ | (19,831,362 | ) | ||||||
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(a) | Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
Portfolio Abbreviation | ||
ETF | Exchange-Traded Fund | |
MSCI | Morgan Stanley Capital International | |
REIT | Real Estate Investment Trust | |
S&P | Standard & Poor’s |
MASTER PORTFOLIO SCHEDULE OF INVESTMENTS | 13 |