|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.52%
|
|||
|
Australia-7.90%
|
|||
|
AGL Energy Ltd.
|
|
39,630
|
$259,006
|
|
ALS Ltd.
|
|
13,309
|
137,615
|
|
ANZ Group Holdings Ltd.
|
|
9,407
|
175,749
|
|
Aristocrat Leisure Ltd.
|
|
99,556
|
3,993,896
|
|
ASX Ltd.
|
|
3,994
|
183,212
|
|
BHP Group Ltd.
|
|
133,587
|
3,276,221
|
|
BlueScope Steel Ltd.
|
|
10,264
|
150,419
|
|
Brambles Ltd.
|
|
304,191
|
4,542,757
|
|
CAR Group Ltd.
|
|
5,965
|
136,479
|
|
Coles Group Ltd.
|
|
97,197
|
1,351,468
|
|
Commonwealth Bank of Australia
|
|
27,983
|
3,170,028
|
|
Computershare Ltd.
|
|
222,735
|
5,757,395
|
|
CSL Ltd.
|
|
6,226
|
991,866
|
|
Insurance Australia Group Ltd.
|
|
209,682
|
1,165,970
|
|
JB Hi-Fi Ltd.
|
|
8,939
|
619,996
|
|
Lottery Corp. Ltd. (The)
|
|
66,216
|
217,236
|
|
Macquarie Group Ltd.
|
|
3,520
|
484,795
|
|
Medibank Pvt. Ltd.
|
|
348,070
|
1,067,940
|
|
National Australia Bank Ltd.
|
|
10,480
|
256,050
|
|
Origin Energy Ltd.
|
|
24,280
|
169,132
|
|
Qantas Airways Ltd.
|
|
19,934
|
136,010
|
|
QBE Insurance Group Ltd.
|
|
89,502
|
1,334,818
|
|
Qube Holdings Ltd.
|
|
121,412
|
331,262
|
|
REA Group Ltd.
|
|
4,339
|
669,134
|
|
Rio Tinto Ltd.(a)
|
|
15,628
|
1,134,633
|
|
Rio Tinto PLC
|
|
39,130
|
2,317,858
|
|
Scentre Group
|
|
97,125
|
229,589
|
|
SGH Ltd.
|
|
11,636
|
379,893
|
|
Steadfast Group Ltd.
|
|
39,301
|
145,853
|
|
Suncorp Group Ltd.
|
|
18,979
|
252,441
|
|
Technology One Ltd.
|
|
37,031
|
978,831
|
|
Telstra Group Ltd.
|
|
218,776
|
673,229
|
|
Transurban Group
|
|
78,745
|
718,485
|
|
Washington H Soul Pattinson & Co. Ltd.
|
|
7,821
|
185,817
|
|
Wesfarmers Ltd.
|
|
79,335
|
4,238,020
|
|
Westpac Banking Corp.
|
|
28,005
|
586,612
|
|
Woolworths Group Ltd.
|
|
29,063
|
595,879
|
|
|
|
|
43,015,594
|
|
Austria-0.03%
|
|||
|
Verbund AG
|
|
2,379
|
185,847
|
|
Belgium-0.51%
|
|||
|
Ackermans & van Haaren N.V.
|
|
701
|
178,518
|
|
Anheuser-Busch InBev S.A./N.V.
|
|
1,819
|
128,423
|
|
Groupe Bruxelles Lambert N.V.
|
|
2,951
|
241,412
|
|
UCB S.A.
|
|
12,285
|
2,234,490
|
|
|
|
|
2,782,843
|
|
Canada-2.16%
|
|||
|
Brookfield Asset Management Ltd., Class A(a)
|
|
11,711
|
657,628
|
|
Constellation Software, Inc.
|
|
393
|
1,422,214
|
|
Dollarama, Inc.
|
|
23,209
|
2,979,300
|
|
Enbridge, Inc.
|
|
3,557
|
165,232
|
|
Fairfax Financial Holdings Ltd.
|
|
695
|
1,180,320
|
|
Fortis, Inc.
|
|
8,418
|
410,507
|
|
Franco-Nevada Corp.
|
|
1,391
|
233,868
|
|
George Weston Ltd.
|
|
1,171
|
235,316
|
|
Hydro One Ltd.(b)
|
|
4,677
|
171,882
|
|
Intact Financial Corp.
|
|
5,850
|
1,324,701
|
|
Loblaw Cos. Ltd.
|
|
3,086
|
519,656
|
|
Metro, Inc.
|
|
13,263
|
1,032,526
|
|
Royal Bank of Canada(a)
|
|
3,145
|
397,863
|
|
|
Shares
|
Value
|
|
|
Canada-(continued)
|
|||
|
TC Energy Corp.
|
|
2,909
|
$147,127
|
|
Thomson Reuters Corp.
|
|
4,537
|
899,712
|
|
|
|
|
11,777,852
|
|
China-0.07%
|
|||
|
BOC Hong Kong (Holdings) Ltd.
|
|
94,670
|
398,113
|
|
Denmark-0.50%
|
|||
|
Carlsberg A/S, Class B
|
|
1,093
|
156,436
|
|
Coloplast A/S, Class B
|
|
968
|
94,099
|
|
DSV A/S
|
|
6,236
|
1,468,314
|
|
Novo Nordisk A/S, Class B
|
|
4,515
|
320,744
|
|
Pandora A/S
|
|
1,352
|
247,109
|
|
Tryg A/S
|
|
17,759
|
456,816
|
|
|
|
|
2,743,518
|
|
Finland-1.29%
|
|||
|
Elisa OYJ(a)
|
|
6,078
|
320,386
|
|
Kone OYJ, Class B
|
|
59,842
|
3,733,289
|
|
Nokia OYJ
|
|
140,384
|
730,472
|
|
Orion OYJ, Class B
|
|
21,244
|
1,441,087
|
|
Sampo OYJ
|
|
46,370
|
494,782
|
|
UPM-Kymmene OYJ
|
|
4,984
|
137,919
|
|
Wartsila OYJ Abp
|
|
7,936
|
159,088
|
|
|
|
|
7,017,023
|
|
France-6.51%
|
|||
|
Air Liquide S.A.
|
|
13,017
|
2,696,766
|
|
Airbus S.E.
|
|
919
|
168,997
|
|
bioMerieux(a)
|
|
1,524
|
204,326
|
|
Bureau Veritas S.A.
|
|
23,470
|
801,883
|
|
Cie de Saint-Gobain S.A.
|
|
7,177
|
807,873
|
|
Cie Generale des Etablissements Michelin
S.C.A.
|
|
17,432
|
666,814
|
|
Danone S.A.
|
|
20,854
|
1,782,648
|
|
Dassault Aviation S.A.
|
|
1,025
|
372,746
|
|
Dassault Systemes SE
|
|
4,842
|
181,536
|
|
ENGIE S.A.
|
|
30,093
|
649,384
|
|
EssilorLuxottica S.A.
|
|
20,232
|
5,620,543
|
|
Eurazeo SE
|
|
2,257
|
157,808
|
|
FDJ United(b)
|
|
2,935
|
107,693
|
|
Hermes International S.C.A.
|
|
2,370
|
6,534,163
|
|
Legrand S.A.
|
|
4,390
|
533,099
|
|
L’Oreal S.A.
|
|
1,011
|
427,846
|
|
LVMH Moet Hennessy Louis Vuitton SE
|
|
462
|
250,548
|
|
Orange S.A.
|
|
78,624
|
1,173,290
|
|
Publicis Groupe S.A.
|
|
1,999
|
217,866
|
|
Safran S.A.
|
|
14,045
|
4,153,180
|
|
Schneider Electric SE
|
|
22,592
|
5,699,228
|
|
Thales S.A.
|
|
3,393
|
1,038,997
|
|
TotalEnergies SE
|
|
8,414
|
495,230
|
|
Veolia Environnement S.A.
|
|
5,616
|
193,250
|
|
Vinci S.A.
|
|
3,710
|
530,013
|
|
|
|
|
35,465,727
|
|
Germany-12.03%
|
|||
|
adidas AG
|
|
2,158
|
538,140
|
|
Allianz SE
|
|
1,060
|
420,337
|
|
BASF S.E.
|
|
5,336
|
257,268
|
|
Beiersdorf AG
|
|
3,074
|
421,572
|
|
CTS Eventim AG & Co. KGaA
|
|
2,205
|
267,412
|
|
Deutsche Boerse AG
|
|
608
|
195,832
|
|
Deutsche Post AG
|
|
6,080
|
272,779
|
|
Deutsche Telekom AG
|
|
476,671
|
18,047,622
|
|
|
Shares
|
Value
|
|
|
Germany-(continued)
|
|||
|
DWS Group GmbH & Co. KGaA(b)
|
|
2,680
|
$150,505
|
|
E.ON SE
|
|
14,380
|
251,981
|
|
Evonik Industries AG
|
|
7,379
|
159,893
|
|
Fresenius Medical Care AG
|
|
4,151
|
235,755
|
|
Fresenius SE & Co. KGaA
|
|
14,848
|
727,559
|
|
FUCHS SE, Preference Shares
|
|
5,420
|
273,687
|
|
GEA Group AG
|
|
38,776
|
2,596,630
|
|
Heidelberg Materials AG
|
|
11,607
|
2,274,704
|
|
Henkel AG & Co. KGaA
|
|
10,609
|
778,830
|
|
Henkel AG & Co. KGaA, Preference Shares
|
|
19,314
|
1,547,264
|
|
Infineon Technologies AG
|
|
4,431
|
172,246
|
|
Knorr-Bremse AG
|
|
3,065
|
310,079
|
|
MTU Aero Engines AG
|
|
1,111
|
444,288
|
|
Muenchener Rueckversicherungs-Gesellschaft
AG in Muenchen, Class R
|
|
697
|
451,488
|
|
Nemetschek SE
|
|
2,166
|
301,067
|
|
Rational AG
|
|
190
|
156,197
|
|
RWE AG
|
|
4,891
|
184,124
|
|
SAP SE
|
|
91,285
|
27,610,713
|
|
Scout24 SE(b)
|
|
13,697
|
1,865,949
|
|
Siemens AG
|
|
18,224
|
4,382,528
|
|
Siemens Healthineers AG(b)
|
|
4,271
|
226,013
|
|
|
|
|
65,522,462
|
|
Hong Kong-1.52%
|
|||
|
AIA Group Ltd.
|
|
40,958
|
340,920
|
|
Cathay Pacific Airways Ltd.(a)
|
|
159,432
|
214,409
|
|
CK Asset Holdings Ltd.
|
|
35,648
|
147,244
|
|
CK Hutchison Holdings Ltd.
|
|
58,127
|
325,011
|
|
CK Infrastructure Holdings Ltd.
|
|
35,005
|
226,190
|
|
CLP Holdings Ltd.
|
|
69,849
|
591,476
|
|
Hang Seng Bank Ltd.
|
|
14,456
|
201,806
|
|
Hong Kong & China Gas Co. Ltd. (The)
|
|
392,942
|
344,918
|
|
Hong Kong Exchanges & Clearing Ltd.
|
|
51,058
|
2,553,998
|
|
Jardine Matheson Holdings Ltd.
|
|
6,536
|
291,548
|
|
MTR Corp. Ltd.(a)
|
|
45,552
|
158,805
|
|
PCCW Ltd.
|
|
339,009
|
225,561
|
|
Power Assets Holdings Ltd.
|
|
253,586
|
1,603,490
|
|
Techtronic Industries Co. Ltd.
|
|
29,054
|
323,594
|
|
VTech Holdings Ltd.
|
|
39,767
|
264,285
|
|
WH Group Ltd.
|
|
524,261
|
482,165
|
|
|
|
|
8,295,420
|
|
Ireland-0.14%
|
|||
|
Kerry Group PLC, Class A
|
|
6,892
|
753,264
|
|
Israel-0.51%
|
|||
|
Bank Hapoalim B.M.
|
|
29,283
|
490,474
|
|
Bank Leumi le-Israel B.M.
|
|
69,648
|
1,122,196
|
|
Bezeq The Israeli Telecommunication Corp.
Ltd.
|
|
96,966
|
151,238
|
|
Elbit Systems Ltd.
|
|
1,378
|
552,831
|
|
Israel Discount Bank Ltd., Class A
|
|
31,845
|
270,769
|
|
Shufersal Ltd.
|
|
19,851
|
198,770
|
|
|
|
|
2,786,278
|
|
Italy-1.23%
|
|||
|
Assicurazioni Generali S.p.A.(a)
|
|
3,441
|
125,231
|
|
Buzzi S.p.A.
|
|
3,360
|
172,833
|
|
Coca-Cola HBC AG(c)
|
|
20,814
|
1,085,638
|
|
Enel S.p.A.
|
|
60,685
|
557,719
|
|
Ferrari N.V.
|
|
9,688
|
4,636,211
|
|
Intesa Sanpaolo S.p.A.
|
|
25,191
|
140,610
|
|
|
|
|
6,718,242
|
|
|
Shares
|
Value
|
|
|
Japan-17.94%
|
|||
|
Ajinomoto Co., Inc.
|
|
7,934
|
$197,799
|
|
Azbil Corp.
|
|
38,224
|
334,860
|
|
Bandai Namco Holdings, Inc.
|
|
98,200
|
3,111,314
|
|
Bridgestone Corp.
|
|
14,811
|
634,149
|
|
Brother Industries Ltd.
|
|
5,940
|
101,093
|
|
Canon Marketing Japan, Inc.
|
|
7,724
|
285,817
|
|
Canon, Inc.(a)
|
|
95,577
|
2,911,689
|
|
Capcom Co. Ltd.
|
|
17,102
|
505,950
|
|
Chugai Pharmaceutical Co. Ltd.
|
|
75,645
|
3,943,873
|
|
COMSYS Holdings Corp.
|
|
5,148
|
117,708
|
|
Dai Nippon Printing Co. Ltd.
|
|
8,075
|
118,750
|
|
Daito Trust Construction Co. Ltd.
|
|
1,437
|
161,420
|
|
Daiwa House Industry Co. Ltd.
|
|
13,367
|
449,432
|
|
East Japan Railway Co.
|
|
10,892
|
227,640
|
|
ENEOS Holdings, Inc.
|
|
103,334
|
488,250
|
|
EXEO Group, Inc.
|
|
10,596
|
134,673
|
|
FANUC Corp.
|
|
29,246
|
778,390
|
|
Fast Retailing Co. Ltd.
|
|
4,158
|
1,381,147
|
|
FUJIFILM Holdings Corp.
|
|
5,940
|
133,710
|
|
Fujitec Co. Ltd.
|
|
16,240
|
644,873
|
|
Fujitsu Ltd.
|
|
106,954
|
2,442,712
|
|
Hikari Tsushin, Inc.
|
|
596
|
161,789
|
|
Hirose Electric Co. Ltd.
|
|
3,068
|
358,605
|
|
Hitachi Ltd.
|
|
343,205
|
9,535,298
|
|
Hoshizaki Corp.
|
|
7,724
|
286,902
|
|
Hoya Corp.
|
|
5,057
|
595,415
|
|
ITOCHU Corp.
|
|
10,897
|
576,768
|
|
Japan Real Estate Investment Corp.
|
|
158
|
127,928
|
|
Japan Tobacco, Inc.
|
|
22,518
|
688,817
|
|
Kajima Corp.
|
|
6,140
|
150,839
|
|
Kamigumi Co. Ltd.
|
|
6,709
|
185,237
|
|
Kandenko Co. Ltd.
|
|
16,127
|
331,057
|
|
Kao Corp.
|
|
52,321
|
2,381,906
|
|
KDDI Corp.
|
|
348,370
|
6,013,746
|
|
KDX Realty Investment Corp.
|
|
326
|
342,498
|
|
Kewpie Corp.(a)
|
|
5,809
|
136,610
|
|
Keyence Corp.
|
|
2,626
|
1,096,119
|
|
Kinden Corp.
|
|
26,258
|
708,233
|
|
Kokuyo Co. Ltd.(a)
|
|
19,012
|
401,043
|
|
Komatsu Ltd.
|
|
16,932
|
513,157
|
|
Konami Group Corp.
|
|
5,088
|
688,743
|
|
Kuraray Co. Ltd.
|
|
19,708
|
248,839
|
|
Lion Corp.
|
|
40,600
|
439,165
|
|
Makita Corp.
|
|
7,128
|
217,777
|
|
Medipal Holdings Corp.
|
|
7,824
|
122,021
|
|
MEIJI Holdings Co. Ltd.
|
|
6,351
|
141,613
|
|
MISUMI Group, Inc.
|
|
10,792
|
141,951
|
|
Mitsubishi Electric Corp.
|
|
53,816
|
1,071,029
|
|
Mitsubishi Heavy Industries Ltd.
|
|
18,899
|
433,970
|
|
Mitsubishi UFJ Financial Group, Inc.
|
|
14,240
|
198,641
|
|
Mizuho Financial Group, Inc.
|
|
4,160
|
115,362
|
|
MS&AD Insurance Group Holdings, Inc.
|
|
6,035
|
143,346
|
|
Murata Manufacturing Co. Ltd.
|
|
31,152
|
450,726
|
|
NEC Corp.
|
|
28,465
|
740,972
|
|
Nichias Corp.
|
|
4,952
|
170,592
|
|
Nintendo Co. Ltd.
|
|
262,262
|
21,337,711
|
|
Nippon Building Fund, Inc.
|
|
166
|
151,286
|
|
Nippon Shokubai Co. Ltd.
|
|
24,330
|
279,471
|
|
Nippon Telegraph & Telephone Corp.
|
|
195,610
|
217,187
|
|
Nitto Denko Corp.
|
|
48,924
|
887,474
|
|
NOF Corp.
|
|
10,992
|
193,873
|
|
Nomura Research Institute Ltd.
|
|
24,753
|
951,533
|
|
|
Shares
|
Value
|
|
|
Japan-(continued)
|
|||
|
Obayashi Corp.
|
|
9,804
|
$147,517
|
|
OBIC Co. Ltd.
|
|
9,253
|
336,757
|
|
Osaka Gas Co. Ltd.
|
|
10,516
|
266,999
|
|
Otsuka Corp.
|
|
10,273
|
210,577
|
|
Otsuka Holdings Co. Ltd.
|
|
36,693
|
1,860,300
|
|
Panasonic Holdings Corp.
|
|
14,556
|
166,371
|
|
Recruit Holdings Co. Ltd.
|
|
35,779
|
2,125,098
|
|
Rinnai Corp.
|
|
4,867
|
121,015
|
|
Sankyo Co. Ltd.
|
|
36,922
|
642,173
|
|
Santen Pharmaceutical Co. Ltd.
|
|
16,546
|
183,551
|
|
Sanwa Holdings Corp.
|
|
33,947
|
1,165,463
|
|
SCSK Corp.
|
|
18,147
|
549,277
|
|
SECOM Co. Ltd.
|
|
14,872
|
540,050
|
|
Seino Holdings Co. Ltd.(a)
|
|
9,804
|
146,923
|
|
Sekisui Chemical Co. Ltd.
|
|
39,605
|
686,105
|
|
Shimadzu Corp.
|
|
6,120
|
147,359
|
|
Shin-Etsu Chemical Co. Ltd.
|
|
4,732
|
150,675
|
|
Shionogi & Co. Ltd.
|
|
8,140
|
135,541
|
|
Skylark Holdings Co. Ltd.
|
|
7,128
|
156,961
|
|
SoftBank Corp.
|
|
2,091,707
|
3,205,120
|
|
Sohgo Security Services Co. Ltd.
|
|
82,292
|
571,159
|
|
Sompo Holdings, Inc.
|
|
28,074
|
847,202
|
|
Sony Group Corp.
|
|
164,116
|
4,380,541
|
|
Square Enix Holdings Co. Ltd.
|
|
2,476
|
155,103
|
|
Sumitomo Electric Industries Ltd.
|
|
13,204
|
276,196
|
|
Sumitomo Mitsui Financial Group, Inc.
|
|
5,844
|
149,722
|
|
Suntory Beverage & Food Ltd.
|
|
4,040
|
130,819
|
|
Suzuken Co. Ltd.
|
|
4,927
|
181,015
|
|
TDK Corp.
|
|
12,867
|
140,506
|
|
TIS, Inc.
|
|
12,676
|
414,581
|
|
Toho Co. Ltd.(a)
|
|
16,636
|
874,585
|
|
Tokio Marine Holdings, Inc.
|
|
18,478
|
779,311
|
|
Tokyo Gas Co. Ltd.
|
|
5,348
|
178,835
|
|
Tomy Co. Ltd.
|
|
8,120
|
171,605
|
|
TOPPAN Holdings, Inc.
|
|
16,499
|
436,897
|
|
Toray Industries, Inc.
|
|
24,756
|
170,313
|
|
Tosoh Corp.
|
|
10,496
|
154,905
|
|
Toyo Suisan Kaisha Ltd.
|
|
3,524
|
233,151
|
|
Trend Micro, Inc.
|
|
8,441
|
630,413
|
|
USS Co. Ltd.
|
|
45,652
|
493,272
|
|
Zenkoku Hosho Co. Ltd.
|
|
11,112
|
245,352
|
|
Zeon Corp.
|
|
12,280
|
123,175
|
|
|
|
|
97,722,988
|
|
Luxembourg-0.05%
|
|||
|
CVC Capital Partners PLC(b)
|
|
13,705
|
254,986
|
|
Netherlands-1.89%
|
|||
|
ASML Holding N.V.
|
|
302
|
222,456
|
|
EXOR N.V.
|
|
1,426
|
137,269
|
|
Heineken N.V.
|
|
2,010
|
179,286
|
|
Koninklijke Ahold Delhaize N.V.
|
|
58,482
|
2,467,743
|
|
Koninklijke KPN N.V.
|
|
173,208
|
814,189
|
|
Koninklijke Philips N.V.
|
|
4,988
|
115,001
|
|
Universal Music Group N.V.(a)
|
|
8,378
|
268,028
|
|
Wolters Kluwer N.V.
|
|
34,474
|
6,112,193
|
|
|
|
|
10,316,165
|
|
New Zealand-0.31%
|
|||
|
Contact Energy Ltd.(a)
|
|
52,940
|
289,725
|
|
Fisher & Paykel Healthcare Corp. Ltd.
|
|
55,649
|
1,210,048
|
|
Xero Ltd.(c)
|
|
1,649
|
195,563
|
|
|
|
|
1,695,336
|
|
|
Shares
|
Value
|
|
|
Norway-0.92%
|
|||
|
Equinor ASA
|
|
6,977
|
$163,181
|
|
Gjensidige Forsikring ASA
|
|
9,550
|
241,554
|
|
Kongsberg Gruppen ASA
|
|
13,741
|
2,417,759
|
|
Orkla ASA
|
|
143,596
|
1,626,680
|
|
Telenor ASA
|
|
35,192
|
539,824
|
|
|
|
|
4,988,998
|
|
Poland-0.06%
|
|||
|
Dino Polska S.A.(b)(c)
|
|
2,319
|
340,243
|
|
Portugal-0.13%
|
|||
|
Jeronimo Martins SGPS S.A.
|
|
27,329
|
688,740
|
|
Singapore-1.55%
|
|||
|
CapitaLand Ascendas REIT
|
|
64,764
|
132,925
|
|
DBS Group Holdings Ltd.
|
|
42,702
|
1,473,497
|
|
Keppel DC REIT
|
|
111,208
|
188,669
|
|
Oversea-Chinese Banking Corp. Ltd.
|
|
74,855
|
940,299
|
|
Singapore Exchange Ltd.
|
|
228,208
|
2,478,763
|
|
Singapore Technologies Engineering Ltd.
|
|
142,850
|
863,735
|
|
Singapore Telecommunications Ltd.
|
|
631,326
|
1,864,111
|
|
United Overseas Bank Ltd.
|
|
18,765
|
515,530
|
|
|
|
|
8,457,529
|
|
South Korea-5.30%
|
|||
|
Cheil Worldwide, Inc.
|
|
9,162
|
121,828
|
|
Coway Co. Ltd.
|
|
6,147
|
395,284
|
|
HD Korea Shipbuilding & Offshore Engineering
Co. Ltd.
|
|
6,346
|
1,450,224
|
|
Hyundai Glovis Co. Ltd.
|
|
3,840
|
315,119
|
|
Hyundai Mobis Co. Ltd.
|
|
1,941
|
355,817
|
|
KB Financial Group, Inc.
|
|
2,144
|
161,323
|
|
Kia Corp.
|
|
1,915
|
123,849
|
|
Korean Air Lines Co. Ltd.
|
|
10,793
|
175,830
|
|
Krafton, Inc.(c)
|
|
827
|
220,895
|
|
KT&G Corp.
|
|
18,167
|
1,579,446
|
|
NAVER Corp.
|
|
8,783
|
1,190,170
|
|
Orion Corp.
|
|
3,656
|
292,001
|
|
S-1 Corp.
|
|
3,724
|
178,352
|
|
Samsung Biologics Co. Ltd.(b)(c)
|
|
6,417
|
4,796,560
|
|
Samsung C&T Corp.
|
|
2,382
|
258,177
|
|
Samsung Electro-Mechanics Co. Ltd.
|
|
2,227
|
196,574
|
|
Samsung Electronics Co. Ltd.
|
|
90,299
|
3,664,126
|
|
Samsung Electronics Co. Ltd., Preference
Shares
|
|
14,396
|
479,788
|
|
Samsung Fire & Marine Insurance Co. Ltd.
|
|
2,498
|
731,066
|
|
SK hynix, Inc.
|
|
80,075
|
11,811,953
|
|
Yuhan Corp.
|
|
5,213
|
394,054
|
|
|
|
|
28,892,436
|
|
Spain-1.63%
|
|||
|
ACS Actividades de Construccion y Servicios
S.A.
|
|
3,374
|
221,586
|
|
Aena SME S.A.(b)
|
|
1,836
|
493,862
|
|
Amadeus IT Group S.A.
|
|
4,138
|
344,098
|
|
Endesa S.A.
|
|
15,977
|
488,154
|
|
Iberdrola S.A.
|
|
225,404
|
4,130,878
|
|
Industria de Diseno Textil S.A.
|
|
49,363
|
2,673,786
|
|
Naturgy Energy Group S.A.(a)
|
|
6,069
|
179,598
|
|
Redeia Corp. S.A.
|
|
7,452
|
154,137
|
|
Telefonica S.A.
|
|
38,544
|
206,412
|
|
|
|
|
8,892,511
|
|
Sweden-3.42%
|
|||
|
AAK AB(a)
|
|
5,116
|
142,604
|
|
|
Shares
|
Value
|
|
|
Sweden-(continued)
|
|||
|
Alfa Laval AB
|
|
5,325
|
$226,125
|
|
Assa Abloy AB, Class B
|
|
7,856
|
248,887
|
|
Atlas Copco AB, Class A
|
|
40,306
|
646,215
|
|
Atlas Copco AB, Class B
|
|
23,183
|
329,410
|
|
Boliden AB(c)
|
|
3,510
|
109,528
|
|
Essity AB, Class B
|
|
27,059
|
790,108
|
|
Industrivarden AB, Class A
|
|
7,729
|
279,676
|
|
Industrivarden AB, Class C(a)
|
|
11,627
|
419,456
|
|
Investor AB, Class A
|
|
91,379
|
2,682,668
|
|
Investor AB, Class B
|
|
333,667
|
9,807,383
|
|
Securitas AB, Class B
|
|
9,619
|
141,985
|
|
Skanska AB, Class B
|
|
5,468
|
129,842
|
|
Tele2 AB, Class B
|
|
49,119
|
733,550
|
|
Telefonaktiebolaget LM Ericsson, Class B(a)
|
|
125,593
|
1,067,115
|
|
Telia Co. AB
|
|
132,525
|
511,517
|
|
Volvo AB, Class B(a)
|
|
13,078
|
361,695
|
|
|
|
|
18,627,764
|
|
Switzerland-7.01%
|
|||
|
ABB Ltd.
|
|
98,436
|
5,586,014
|
|
Belimo Holding AG
|
|
380
|
368,339
|
|
Chocoladefabriken Lindt & Spruengli AG
|
|
2
|
314,775
|
|
Chocoladefabriken Lindt & Spruengli AG, PC(a)
|
|
21
|
338,731
|
|
Cie Financiere Richemont S.A.
|
|
728
|
137,621
|
|
DSM-Firmenich AG
|
|
2,854
|
317,649
|
|
EMS-Chemie Holding AG
|
|
202
|
153,772
|
|
Geberit AG
|
|
783
|
585,879
|
|
Givaudan S.A.
|
|
57
|
287,164
|
|
Lonza Group AG(c)
|
|
364
|
253,027
|
|
Nestle S.A.
|
|
14,283
|
1,524,356
|
|
Partners Group Holding AG
|
|
746
|
1,003,175
|
|
PSP Swiss Property AG
|
|
1,315
|
231,862
|
|
Roche Holding AG
|
|
70,054
|
22,733,857
|
|
Roche Holding AG, BR
|
|
2,647
|
906,061
|
|
Sandoz Group AG(a)
|
|
6,080
|
309,858
|
|
Schindler Holding AG
|
|
1,853
|
638,372
|
|
Schindler Holding AG, PC
|
|
3,659
|
1,306,159
|
|
SGS S.A.
|
|
3,742
|
391,517
|
|
Sonova Holding AG, Class A
|
|
331
|
104,152
|
|
Swiss Prime Site AG
|
|
1,053
|
150,014
|
|
Zurich Insurance Group AG
|
|
743
|
522,088
|
|
|
|
|
38,164,442
|
|
United Kingdom-18.86%
|
|||
|
3i Group PLC
|
|
443,672
|
24,390,488
|
|
Admiral Group PLC
|
|
7,437
|
336,237
|
|
AstraZeneca PLC
|
|
93,102
|
13,650,119
|
|
Auto Trader Group PLC(b)
|
|
30,800
|
330,150
|
|
BAE Systems PLC
|
|
25,098
|
644,083
|
|
Beazley PLC
|
|
32,910
|
419,750
|
|
British American Tobacco PLC
|
|
163,760
|
7,378,788
|
|
BT Group PLC(a)
|
|
114,658
|
277,854
|
|
Bunzl PLC
|
|
7,297
|
234,085
|
|
Coca-Cola Europacific Partners PLC
|
|
6,985
|
641,842
|
|
Compass Group PLC
|
|
118,247
|
4,161,611
|
|
Diploma PLC
|
|
7,405
|
468,581
|
|
Haleon PLC
|
|
624,941
|
3,491,736
|
|
Halma PLC
|
|
30,582
|
1,200,008
|
|
Hikma Pharmaceuticals PLC
|
|
8,946
|
258,460
|
|
HSBC Holdings PLC
|
|
41,343
|
487,497
|
|
IMI PLC
|
|
6,174
|
165,775
|
|
Imperial Brands PLC
|
|
185,659
|
7,047,339
|
|
|
Shares
|
Value
|
|
|
United Kingdom-(continued)
|
|||
|
InterContinental Hotels Group PLC
|
|
6,633
|
$760,741
|
|
Intertek Group PLC
|
|
8,498
|
549,193
|
|
J Sainsbury PLC
|
|
38,106
|
146,687
|
|
National Grid PLC(a)
|
|
72,293
|
1,024,636
|
|
Next PLC
|
|
4,539
|
788,432
|
|
Pearson PLC
|
|
23,719
|
372,858
|
|
Reckitt Benckiser Group PLC
|
|
71,131
|
4,839,625
|
|
RELX PLC
|
|
140,183
|
7,550,559
|
|
Rightmove PLC
|
|
35,623
|
359,270
|
|
Sage Group PLC (The)
|
|
46,182
|
760,199
|
|
Shell PLC
|
|
98,392
|
3,249,332
|
|
Smith & Nephew PLC
|
|
8,332
|
121,015
|
|
Smiths Group PLC
|
|
51,156
|
1,488,311
|
|
SSE PLC
|
|
10,888
|
259,431
|
|
Tesco PLC
|
|
683,182
|
3,578,026
|
|
Unilever PLC
|
|
175,136
|
11,155,830
|
|
Vodafone Group PLC
|
|
134,003
|
139,094
|
|
|
|
|
102,727,642
|
|
United States-6.05%
|
|||
|
Alcon AG
|
|
5,630
|
485,694
|
|
BP PLC
|
|
21,654
|
105,378
|
|
Experian PLC
|
|
35,732
|
1,781,230
|
|
Ferrovial SE
|
|
6,815
|
347,127
|
|
GSK PLC
|
|
34,252
|
696,414
|
|
Holcim AG(c)
|
|
20,426
|
2,267,404
|
|
Novartis AG
|
|
150,426
|
17,394,187
|
|
Oracle Corp.(a)(c)
|
|
2,000
|
233,644
|
|
Sanofi S.A.
|
|
87,515
|
8,666,050
|
|
Swiss Re AG
|
|
1,167
|
206,566
|
|
Waste Connections, Inc.
|
|
3,853
|
757,345
|
|
|
|
|
32,941,039
|
|
Total Common Stocks & Other Equity Interests
(Cost $484,848,890)
|
542,173,002
|
||
|
Money Market Funds-0.23%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.24%(d)(e)
(Cost $1,234,800)
|
|
1,234,800
|
1,234,800
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.75%
(Cost $486,083,690)
|
543,407,802
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-1.81%
|
|||
|
Invesco Private Government Fund,
4.29%(d)(e)(f)
|
|
2,730,884
|
2,730,884
|
|
Invesco Private Prime Fund, 4.45%(d)(e)(f)
|
|
7,105,956
|
7,107,377
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $9,838,261)
|
9,838,261
|
||
|
TOTAL INVESTMENTS IN SECURITIES-101.56%
(Cost $495,921,951)
|
553,246,063
|
||
|
OTHER ASSETS LESS LIABILITIES-(1.56)%
|
(8,474,712
)
|
||
|
NET ASSETS-100.00%
|
$544,771,351
|
||
|
Investment Abbreviations:
|
|
BR-Bearer Shares
|
|
PC-Participation Certificate
|
|
REIT-Real Estate Investment Trust
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
All or a portion of this security was out on loan at May 31, 2025.
|
|
(b)
|
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be
resold pursuant to an exemption from registration under the 1933 Act, typically to
qualified institutional buyers. The aggregate value of these securities at
May 31, 2025 was $8,737,843, which represented 1.60% of the Fund’s Net Assets.
|
|
(c)
|
Non-income producing security.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the nine months ended May 31, 2025.
|
|
|
Value
August 31, 2024
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2025
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$-
|
$18,651,957
|
$(17,417,157
)
|
$-
|
$-
|
$1,234,800
|
$6,899
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
570,928
|
28,024,290
|
(25,864,334
)
|
-
|
-
|
2,730,884
|
111,815
*
|
|
Invesco Private Prime Fund
|
1,489,084
|
69,107,241
|
(63,487,835
)
|
(83
)
|
(1,030
)
|
7,107,377
|
296,839
*
|
|
Total
|
$2,060,012
|
$115,783,488
|
$(106,769,326
)
|
$(83
)
|
$(1,030
)
|
$11,073,061
|
$415,553
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of May 31, 2025.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.92%
|
|||
|
Communication Services-12.22%
|
|||
|
Alphabet, Inc., Class A
|
|
742,668
|
$127,545,802
|
|
Alphabet, Inc., Class C
|
|
628,810
|
108,689,808
|
|
AT&T, Inc.
|
|
1,155,777
|
32,130,601
|
|
Comcast Corp., Class A
|
|
84,194
|
2,910,587
|
|
Electronic Arts, Inc.
|
|
48,401
|
6,959,096
|
|
Liberty Broadband Corp.(b)(c)
|
|
64,295
|
0
|
|
Meta Platforms, Inc., Class A
|
|
308,856
|
199,981,171
|
|
Netflix, Inc.(b)
|
|
41,390
|
49,967,250
|
|
New York Times Co. (The), Class A
|
|
25,942
|
1,481,807
|
|
Spotify Technology S.A. (Sweden)(b)
|
|
5,520
|
3,671,573
|
|
T-Mobile US, Inc.
|
|
113,293
|
27,439,565
|
|
Verizon Communications, Inc.
|
|
408,362
|
17,951,593
|
|
Walt Disney Co. (The)
|
|
74,722
|
8,446,575
|
|
|
|
|
587,175,428
|
|
Consumer Discretionary-10.43%
|
|||
|
Amazon.com, Inc.(b)
|
|
1,101,377
|
225,793,299
|
|
AutoZone, Inc.(b)
|
|
1,731
|
6,461,892
|
|
Booking Holdings, Inc.
|
|
11,520
|
63,578,073
|
|
Chipotle Mexican Grill, Inc.(b)
|
|
279,923
|
14,018,544
|
|
eBay, Inc.
|
|
86,887
|
6,357,522
|
|
Garmin Ltd.
|
|
44,041
|
8,939,002
|
|
General Motors Co.
|
|
46,516
|
2,307,659
|
|
Hilton Worldwide Holdings, Inc.
|
|
29,875
|
7,422,145
|
|
Home Depot, Inc. (The)
|
|
139,020
|
51,199,676
|
|
Lennar Corp., Class A
|
|
9,608
|
1,019,217
|
|
Lowe’s Cos., Inc.
|
|
32,771
|
7,397,398
|
|
Marriott International, Inc., Class A
|
|
10,589
|
2,793,696
|
|
McDonald’s Corp.
|
|
40,710
|
12,776,833
|
|
NIKE, Inc., Class B
|
|
23,592
|
1,429,439
|
|
NVR, Inc.(b)
|
|
494
|
3,515,269
|
|
O’Reilly Automotive, Inc.(b)
|
|
18,240
|
24,943,200
|
|
PulteGroup, Inc.
|
|
12,879
|
1,262,528
|
|
Ross Stores, Inc.
|
|
7,422
|
1,039,748
|
|
SharkNinja, Inc.(b)(d)
|
|
13,242
|
1,217,337
|
|
Starbucks Corp.
|
|
19,491
|
1,636,269
|
|
Texas Roadhouse, Inc.
|
|
11,623
|
2,268,926
|
|
TJX Cos., Inc. (The)
|
|
355,711
|
45,139,726
|
|
Tractor Supply Co.(d)
|
|
154,549
|
7,480,172
|
|
Yum! Brands, Inc.
|
|
9,330
|
1,342,960
|
|
|
|
|
501,340,530
|
|
Consumer Staples-16.42%
|
|||
|
Altria Group, Inc.
|
|
677,049
|
41,035,940
|
|
BellRing Brands, Inc.(b)
|
|
21,083
|
1,327,175
|
|
BJ’s Wholesale Club Holdings, Inc.,
Class C(b)
|
|
14,694
|
1,663,508
|
|
Church & Dwight Co., Inc.
|
|
33,415
|
3,285,029
|
|
Coca-Cola Co. (The)
|
|
210,715
|
15,192,551
|
|
Coca-Cola Consolidated, Inc.
|
|
8,825
|
1,011,786
|
|
Colgate-Palmolive Co.
|
|
221,006
|
20,540,298
|
|
Costco Wholesale Corp.
|
|
242,656
|
252,405,918
|
|
General Mills, Inc.
|
|
17,463
|
947,542
|
|
Ingredion, Inc.
|
|
8,350
|
1,161,652
|
|
Kellanova
|
|
38,970
|
3,220,091
|
|
Kenvue, Inc.
|
|
171,272
|
4,088,263
|
|
Kimberly-Clark Corp.
|
|
62,863
|
9,037,185
|
|
Kroger Co. (The)
|
|
85,133
|
5,808,625
|
|
Monster Beverage Corp.(b)
|
|
50,935
|
3,257,293
|
|
PepsiCo, Inc.
|
|
34,865
|
4,583,004
|
|
Philip Morris International, Inc.
|
|
432,611
|
78,125,220
|
|
|
Shares
|
Value
|
|
|
Consumer Staples-(continued)
|
|||
|
Procter & Gamble Co. (The)
|
|
533,210
|
$90,587,047
|
|
Walmart, Inc.
|
|
2,547,538
|
251,492,951
|
|
|
|
|
788,771,078
|
|
Energy-0.94%
|
|||
|
Chevron Corp.
|
|
51,029
|
6,975,664
|
|
Exxon Mobil Corp.
|
|
341,836
|
34,969,823
|
|
Williams Cos., Inc. (The)
|
|
48,678
|
2,945,506
|
|
|
|
|
44,890,993
|
|
Financials-16.19%
|
|||
|
Aflac, Inc.
|
|
24,255
|
2,511,363
|
|
American Express Co.
|
|
46,110
|
13,558,645
|
|
Aon PLC, Class A
|
|
38,971
|
14,500,330
|
|
Arch Capital Group Ltd.
|
|
117,233
|
11,141,824
|
|
Arthur J. Gallagher & Co.
|
|
3,830
|
1,330,695
|
|
Bank of America Corp.
|
|
24,700
|
1,090,011
|
|
Berkshire Hathaway, Inc., Class B(b)
|
|
513,147
|
258,605,562
|
|
BlackRock, Inc.
|
|
11,023
|
10,801,327
|
|
Blackstone, Inc., Class A
|
|
17,971
|
2,493,656
|
|
Brown & Brown, Inc.
|
|
68,941
|
7,783,439
|
|
Capital One Financial Corp.
|
|
6,351
|
1,201,292
|
|
Cboe Global Markets, Inc.
|
|
18,434
|
4,223,598
|
|
Chubb Ltd.
|
|
25,456
|
7,565,523
|
|
Cincinnati Financial Corp.
|
|
30,334
|
4,574,974
|
|
Corpay, Inc.(b)
|
|
7,632
|
2,481,240
|
|
Evercore, Inc., Class A
|
|
5,206
|
1,205,137
|
|
FactSet Research Systems, Inc.
|
|
5,741
|
2,630,871
|
|
Fidelity National Information Services, Inc.
|
|
26,502
|
2,109,824
|
|
Fiserv, Inc.(b)
|
|
96,648
|
15,733,328
|
|
Hartford Insurance Group, Inc. (The)
|
|
10,364
|
1,345,662
|
|
Houlihan Lokey, Inc.
|
|
25,891
|
4,522,640
|
|
JPMorgan Chase & Co.
|
|
28,938
|
7,639,632
|
|
Kinsale Capital Group, Inc.(d)
|
|
4,260
|
2,010,677
|
|
LPL Financial Holdings, Inc.
|
|
10,337
|
4,002,073
|
|
Marsh & McLennan Cos., Inc.
|
|
125,810
|
29,396,765
|
|
Mastercard, Inc., Class A
|
|
202,627
|
118,658,371
|
|
Moody’s Corp.
|
|
39,441
|
18,904,860
|
|
MSCI, Inc.
|
|
11,764
|
6,635,131
|
|
Nasdaq, Inc.
|
|
37,379
|
3,122,642
|
|
PayPal Holdings, Inc.(b)
|
|
75,452
|
5,302,767
|
|
Progressive Corp. (The)
|
|
113,801
|
32,425,319
|
|
RenaissanceRe Holdings Ltd. (Bermuda)
|
|
7,252
|
1,808,794
|
|
RLI Corp.
|
|
21,321
|
1,638,945
|
|
S&P Global, Inc.
|
|
11,341
|
5,816,345
|
|
SEI Investments Co.
|
|
35,451
|
3,022,552
|
|
T. Rowe Price Group, Inc.
|
|
32,454
|
3,037,370
|
|
Tradeweb Markets, Inc., Class A
|
|
21,882
|
3,160,855
|
|
Travelers Cos., Inc. (The)
|
|
6,494
|
1,790,396
|
|
Visa, Inc., Class A
|
|
424,756
|
155,116,644
|
|
W.R. Berkley Corp.
|
|
21,034
|
1,571,029
|
|
Willis Towers Watson PLC
|
|
4,260
|
1,348,503
|
|
|
|
|
777,820,611
|
|
Health Care-7.75%
|
|||
|
Abbott Laboratories
|
|
73,552
|
9,825,076
|
|
AbbVie, Inc.
|
|
228,275
|
42,484,260
|
|
Amgen, Inc.
|
|
8,018
|
2,310,627
|
|
Boston Scientific Corp.(b)
|
|
115,160
|
12,121,741
|
|
Bristol-Myers Squibb Co.
|
|
127,700
|
6,165,356
|
|
Cardinal Health, Inc.
|
|
60,779
|
9,386,709
|
|
Cencora, Inc.
|
|
35,757
|
10,413,869
|
|
Cigna Group (The)
|
|
11,574
|
3,664,791
|
|
|
Shares
|
Value
|
|
|
Health Care-(continued)
|
|||
|
Edwards Lifesciences Corp.(b)
|
|
53,387
|
$4,175,931
|
|
Elevance Health, Inc.
|
|
3,876
|
1,487,764
|
|
Eli Lilly and Co.
|
|
41,340
|
30,495,278
|
|
Exelixis, Inc.(b)
|
|
32,920
|
1,416,877
|
|
GE HealthCare Technologies, Inc.
|
|
55,440
|
3,910,738
|
|
Gilead Sciences, Inc.
|
|
108,274
|
11,918,802
|
|
HCA Healthcare, Inc.
|
|
8,040
|
3,066,376
|
|
Humana, Inc.
|
|
6,632
|
1,546,118
|
|
Intuitive Surgical, Inc.(b)
|
|
74,815
|
41,323,317
|
|
Johnson & Johnson
|
|
182,805
|
28,373,164
|
|
McKesson Corp.
|
|
78,467
|
56,457,791
|
|
Medtronic PLC
|
|
51,970
|
4,312,471
|
|
Merck & Co., Inc.
|
|
61,286
|
4,709,216
|
|
Regeneron Pharmaceuticals, Inc.
|
|
1,974
|
967,813
|
|
ResMed, Inc.
|
|
37,925
|
9,283,661
|
|
Stryker Corp.
|
|
42,739
|
16,353,651
|
|
Thermo Fisher Scientific, Inc.
|
|
3,811
|
1,535,147
|
|
United Therapeutics Corp.(b)
|
|
14,726
|
4,695,385
|
|
UnitedHealth Group, Inc.
|
|
122,497
|
36,983,069
|
|
Veeva Systems, Inc., Class A(b)
|
|
9,024
|
2,524,013
|
|
Vertex Pharmaceuticals, Inc.(b)
|
|
23,730
|
10,489,846
|
|
|
|
|
372,398,857
|
|
Industrials-11.66%
|
|||
|
3M Co.
|
|
51,971
|
7,709,898
|
|
AAON, Inc.
|
|
29,381
|
2,829,096
|
|
Acuity, Inc.
|
|
4,929
|
1,280,998
|
|
Allegion PLC
|
|
7,858
|
1,121,337
|
|
Allison Transmission Holdings, Inc.
|
|
28,495
|
2,949,802
|
|
Amentum Holdings, Inc.(b)
|
|
13
|
269
|
|
AMETEK, Inc.
|
|
11,607
|
2,074,635
|
|
Armstrong World Industries, Inc.
|
|
7,969
|
1,240,215
|
|
Automatic Data Processing, Inc.
|
|
132,210
|
43,038,321
|
|
Booz Allen Hamilton Holding Corp.
|
|
12,790
|
1,358,937
|
|
Broadridge Financial Solutions, Inc.
|
|
24,529
|
5,956,377
|
|
BWX Technologies, Inc.
|
|
21,266
|
2,671,010
|
|
CACI International, Inc., Class A(b)(d)
|
|
2,371
|
1,014,788
|
|
Carlisle Cos., Inc.
|
|
7,112
|
2,703,840
|
|
Carrier Global Corp.
|
|
108,168
|
7,701,562
|
|
Caterpillar, Inc.
|
|
77,940
|
27,125,458
|
|
Cintas Corp.
|
|
132,258
|
29,956,437
|
|
Comfort Systems USA, Inc.
|
|
7,437
|
3,556,596
|
|
Copart, Inc.(b)
|
|
116,853
|
6,015,592
|
|
Core & Main, Inc., Class A(b)
|
|
47,882
|
2,624,412
|
|
Crane Co.
|
|
15,897
|
2,724,746
|
|
CSX Corp.
|
|
65,555
|
2,070,882
|
|
Cummins, Inc.
|
|
59,564
|
19,148,635
|
|
Curtiss-Wright Corp.
|
|
8,066
|
3,549,927
|
|
Donaldson Co., Inc.
|
|
18,580
|
1,292,239
|
|
Dover Corp.
|
|
10,802
|
1,920,055
|
|
Eaton Corp. PLC
|
|
75,051
|
24,031,330
|
|
EMCOR Group, Inc.
|
|
15,960
|
7,530,886
|
|
Emerson Electric Co.
|
|
18,656
|
2,227,153
|
|
Fastenal Co.
|
|
370,221
|
15,304,936
|
|
FedEx Corp.
|
|
8,366
|
1,824,625
|
|
Ferguson Enterprises, Inc.
|
|
4,718
|
860,280
|
|
GE Vernova, Inc.
|
|
17,663
|
8,354,246
|
|
General Dynamics Corp.
|
|
22,026
|
6,134,021
|
|
General Electric Co.
|
|
170,427
|
41,909,704
|
|
Graco, Inc.
|
|
18,336
|
1,552,326
|
|
Honeywell International, Inc.
|
|
42,788
|
9,698,756
|
|
Howmet Aerospace, Inc.
|
|
23,794
|
4,042,363
|
|
Hubbell, Inc.
|
|
2,931
|
1,141,859
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Illinois Tool Works, Inc.
|
|
25,959
|
$6,362,032
|
|
Ingersoll Rand, Inc.
|
|
59,504
|
4,857,907
|
|
ITT, Inc.
|
|
19,188
|
2,888,562
|
|
Jacobs Solutions, Inc.
|
|
36,662
|
4,630,411
|
|
Johnson Controls International PLC
|
|
44,186
|
4,479,135
|
|
L3Harris Technologies, Inc.
|
|
4,769
|
1,165,257
|
|
Leidos Holdings, Inc.
|
|
16,306
|
2,421,767
|
|
Lennox International, Inc.
|
|
5,114
|
2,886,597
|
|
Lockheed Martin Corp.
|
|
51,523
|
24,853,665
|
|
Northrop Grumman Corp.
|
|
6,867
|
3,328,916
|
|
Old Dominion Freight Line, Inc.
|
|
36,768
|
5,889,131
|
|
Otis Worldwide Corp.
|
|
31,800
|
3,032,130
|
|
Owens Corning
|
|
6,443
|
863,040
|
|
PACCAR, Inc.
|
|
74,698
|
7,010,407
|
|
Parker-Hannifin Corp.
|
|
9,913
|
6,589,171
|
|
Paychex, Inc.
|
|
91,871
|
14,507,350
|
|
Pentair PLC
|
|
15,523
|
1,539,571
|
|
Quanta Services, Inc.
|
|
15,761
|
5,399,088
|
|
Republic Services, Inc.
|
|
38,463
|
9,896,145
|
|
Rollins, Inc.
|
|
102,920
|
5,892,170
|
|
RTX Corp.
|
|
153,617
|
20,965,648
|
|
Snap-on, Inc.
|
|
17,081
|
5,478,731
|
|
Southwest Airlines Co.(d)
|
|
38,299
|
1,278,421
|
|
Trane Technologies PLC
|
|
75,459
|
32,467,744
|
|
TransDigm Group, Inc.
|
|
2,686
|
3,944,203
|
|
Union Pacific Corp.
|
|
6,048
|
1,340,600
|
|
United Parcel Service, Inc., Class B
|
|
11,291
|
1,101,324
|
|
United Rentals, Inc.
|
|
1,943
|
1,376,382
|
|
Veralto Corp.
|
|
39,763
|
4,017,256
|
|
Verisk Analytics, Inc.
|
|
40,595
|
12,752,513
|
|
W.W. Grainger, Inc.
|
|
20,921
|
22,752,843
|
|
Wabtec Corp.
|
|
22,973
|
4,647,897
|
|
Waste Management, Inc.
|
|
72,566
|
17,486,229
|
|
Watsco, Inc.
|
|
5,491
|
2,435,643
|
|
Woodward, Inc.
|
|
6,659
|
1,440,541
|
|
|
|
|
560,226,976
|
|
Information Technology-21.06%
|
|||
|
Accenture PLC, Class A (Ireland)
|
|
47,355
|
15,003,011
|
|
Adobe, Inc.(b)
|
|
15,209
|
6,313,104
|
|
Amphenol Corp., Class A
|
|
145,192
|
13,057,117
|
|
Apple, Inc.
|
|
988,707
|
198,581,801
|
|
Applied Materials, Inc.
|
|
29,850
|
4,678,987
|
|
Arista Networks, Inc.(b)
|
|
196,643
|
17,037,149
|
|
Autodesk, Inc.(b)
|
|
8,866
|
2,625,400
|
|
Broadcom, Inc.
|
|
311,372
|
75,373,820
|
|
Cadence Design Systems, Inc.(b)
|
|
5,168
|
1,483,578
|
|
Cisco Systems, Inc.
|
|
224,993
|
14,183,559
|
|
Cognizant Technology Solutions Corp.,
Class A
|
|
21,320
|
1,726,707
|
|
Corning, Inc.
|
|
23,580
|
1,169,332
|
|
F5, Inc.(b)
|
|
7,572
|
2,160,897
|
|
Fair Isaac Corp.(b)
|
|
5,317
|
9,178,631
|
|
Fortinet, Inc.(b)
|
|
68,492
|
6,971,116
|
|
Gartner, Inc.(b)
|
|
4,690
|
2,046,810
|
|
GoDaddy, Inc., Class A(b)
|
|
12,800
|
2,331,520
|
|
Guidewire Software, Inc.(b)
|
|
4,893
|
1,052,093
|
|
International Business Machines Corp.
|
|
60,157
|
15,584,272
|
|
Intuit, Inc.
|
|
43,685
|
32,915,337
|
|
KLA Corp.
|
|
5,109
|
3,866,900
|
|
Manhattan Associates, Inc.(b)
|
|
5,103
|
963,344
|
|
Microsoft Corp.
|
|
550,071
|
253,230,686
|
|
Motorola Solutions, Inc.
|
|
80,297
|
33,353,768
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
NetApp, Inc.
|
|
25,443
|
$2,522,928
|
|
NVIDIA Corp.
|
|
1,312,020
|
177,293,263
|
|
Oracle Corp.
|
|
54,577
|
9,034,131
|
|
Palo Alto Networks, Inc.(b)
|
|
37,182
|
7,154,560
|
|
QUALCOMM, Inc.
|
|
71,658
|
10,404,742
|
|
Salesforce, Inc.
|
|
192,143
|
50,988,988
|
|
ServiceNow, Inc.(b)
|
|
28,472
|
28,787,754
|
|
Synopsys, Inc.(b)
|
|
1,882
|
873,210
|
|
Texas Instruments, Inc.
|
|
47,525
|
8,689,946
|
|
Tyler Technologies, Inc.(b)
|
|
2,183
|
1,259,569
|
|
|
|
|
1,011,898,030
|
|
Materials-1.32%
|
|||
|
Air Products and Chemicals, Inc.
|
|
14,270
|
3,980,046
|
|
AptarGroup, Inc.
|
|
11,489
|
1,819,858
|
|
Ardagh Group S.A., Class A(b)(c)
|
|
16,070
|
67,775
|
|
Corteva, Inc.
|
|
25,777
|
1,825,012
|
|
CRH PLC
|
|
101,014
|
9,208,436
|
|
DuPont de Nemours, Inc.
|
|
17,556
|
1,172,741
|
|
Eagle Materials, Inc.
|
|
5,843
|
1,181,513
|
|
Ecolab, Inc.
|
|
23,309
|
6,191,336
|
|
International Paper Co.
|
|
26,108
|
1,248,223
|
|
Linde PLC
|
|
40,959
|
19,151,609
|
|
Martin Marietta Materials, Inc.
|
|
4,022
|
2,202,246
|
|
Packaging Corp. of America
|
|
12,790
|
2,470,644
|
|
RPM International, Inc.
|
|
15,183
|
1,728,433
|
|
Sherwin-Williams Co. (The)
|
|
25,133
|
9,017,972
|
|
Vulcan Materials Co.
|
|
8,609
|
2,281,988
|
|
|
|
|
63,547,832
|
|
Real Estate-0.34%
|
|||
|
AvalonBay Communities, Inc.
|
|
9,213
|
1,904,972
|
|
CBRE Group, Inc., Class A(b)
|
|
10,545
|
1,318,336
|
|
Equity Residential
|
|
18,524
|
1,299,273
|
|
Mid-America Apartment Communities, Inc.
|
|
7,402
|
1,159,523
|
|
Millrose Properties, Inc.(b)
|
|
4,796
|
133,665
|
|
Public Storage
|
|
34,426
|
10,617,323
|
|
|
|
|
16,433,092
|
|
Utilities-1.59%
|
|||
|
Ameren Corp.
|
|
24,173
|
2,341,880
|
|
American Electric Power Co., Inc.
|
|
29,850
|
3,089,176
|
|
Atmos Energy Corp.
|
|
15,113
|
2,337,679
|
|
Dominion Energy, Inc.
|
|
55,440
|
3,141,785
|
|
Duke Energy Corp.
|
|
51,285
|
6,037,270
|
|
|
Shares
|
Value
|
|
|
Utilities-(continued)
|
|||
|
Edison International
|
|
18,349
|
$1,021,122
|
|
Entergy Corp.
|
|
48,066
|
4,002,936
|
|
Evergy, Inc.
|
|
18,107
|
1,202,486
|
|
Exelon Corp.
|
|
38,508
|
1,687,421
|
|
NextEra Energy, Inc.
|
|
196,292
|
13,866,067
|
|
NiSource, Inc.
|
|
41,010
|
1,621,535
|
|
NRG Energy, Inc.
|
|
24,789
|
3,864,605
|
|
PPL Corp.
|
|
66,924
|
2,325,609
|
|
Public Service Enterprise Group, Inc.
|
|
100,800
|
8,167,824
|
|
Sempra
|
|
46,910
|
3,686,657
|
|
Southern Co. (The)
|
|
76,700
|
6,903,000
|
|
Vistra Corp.
|
|
34,691
|
5,570,334
|
|
WEC Energy Group, Inc.
|
|
22,781
|
2,447,591
|
|
Xcel Energy, Inc.
|
|
44,057
|
3,088,396
|
|
|
|
|
76,403,373
|
|
Total Common Stocks & Other Equity Interests
(Cost $4,384,642,875)
|
4,800,906,800
|
||
|
Money Market Funds-0.04%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.24%(e)(f)
(Cost $2,021,939)
|
|
2,021,939
|
2,021,939
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.96%
(Cost $4,386,664,814)
|
4,802,928,739
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-0.24%
|
|||
|
Invesco Private Government Fund,
4.29%(e)(f)(g)
|
|
3,155,123
|
3,155,123
|
|
Invesco Private Prime Fund, 4.45%(e)(f)(g)
|
|
8,158,684
|
8,160,316
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $11,315,439)
|
11,315,439
|
||
|
TOTAL INVESTMENTS IN SECURITIES-100.20%
(Cost $4,397,980,253)
|
4,814,244,178
|
||
|
OTHER ASSETS LESS LIABILITIES-(0.20)%
|
(9,433,178
)
|
||
|
NET ASSETS-100.00%
|
$4,804,811,000
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
Security valued using significant unobservable inputs (Level 3). See Note 1.
|
|
(d)
|
All or a portion of this security was out on loan at May 31, 2025.
|
|
(e)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the nine months ended May 31, 2025.
|
|
|
Value
August 31, 2024
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2025
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$2,893,789
|
$54,496,321
|
$(55,368,171
)
|
$-
|
$-
|
$2,021,939
|
$39,962
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
14,826,081
|
142,102,967
|
(153,773,925
)
|
-
|
-
|
3,155,123
|
299,006
*
|
|
Invesco Private Prime Fund
|
39,995,309
|
295,845,990
|
(327,675,993
)
|
(2,485
)
|
(2,505
)
|
8,160,316
|
813,647
*
|
|
Total
|
$57,715,179
|
$492,445,278
|
$(536,818,089
)
|
$(2,485
)
|
$(2,505
)
|
$13,337,378
|
$1,152,615
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(f)
|
The rate shown is the 7-day SEC standardized yield as of May 31, 2025.
|
|
(g)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.83%
|
|||
|
Communication Services-0.80%
|
|||
|
Cinemark Holdings, Inc.
|
|
3,846
|
$129,880
|
|
Grindr, Inc. (Singapore), (Acquired
07/05/2024 - 02/10/2025;
Cost $50,498)(b)(c)(d)
|
|
4,101
|
100,146
|
|
IDT Corp., Class B
|
|
1,400
|
86,226
|
|
IMAX Corp.(b)(c)
|
|
4,964
|
138,247
|
|
Integral Ad Science Holding Corp.(b)(c)
|
|
5,033
|
40,969
|
|
John Wiley & Sons, Inc., Class A
|
|
9,177
|
359,004
|
|
Madison Square Garden Entertainment
Corp.(b)(c)
|
|
5,858
|
217,390
|
|
QuinStreet, Inc.(b)
|
|
3,836
|
58,576
|
|
Spok Holdings, Inc.
|
|
6,556
|
106,207
|
|
TEGNA, Inc.
|
|
19,675
|
328,966
|
|
Telephone and Data Systems, Inc.
|
|
3,984
|
136,890
|
|
Vimeo, Inc.(b)
|
|
10,785
|
47,023
|
|
Yelp, Inc.(b)
|
|
2,834
|
108,174
|
|
|
|
|
1,857,698
|
|
Consumer Discretionary-6.86%
|
|||
|
Abercrombie & Fitch Co., Class A(b)
|
|
10,113
|
793,769
|
|
Academy Sports & Outdoors, Inc.(c)
|
|
1,988
|
81,329
|
|
Accel Entertainment, Inc.(b)
|
|
9,902
|
111,100
|
|
Acushnet Holdings Corp.
|
|
5,073
|
346,182
|
|
Adtalem Global Education, Inc.(b)
|
|
10,975
|
1,449,029
|
|
American Eagle Outfitters, Inc.(c)
|
|
8,294
|
90,902
|
|
Boot Barn Holdings, Inc.(b)
|
|
4,135
|
662,882
|
|
Brinker International, Inc.(b)
|
|
1,334
|
230,288
|
|
Buckle, Inc. (The)
|
|
4,597
|
195,878
|
|
Carriage Services, Inc.
|
|
1,386
|
60,291
|
|
Cavco Industries, Inc.(b)
|
|
696
|
301,782
|
|
Cheesecake Factory, Inc. (The)(c)
|
|
7,992
|
440,919
|
|
Dorman Products, Inc.(b)
|
|
8,302
|
1,073,532
|
|
Flexsteel Industries, Inc.
|
|
1,790
|
54,362
|
|
Frontdoor, Inc.(b)
|
|
26,010
|
1,430,810
|
|
Global Business Travel Group, Inc.(b)(c)
|
|
30,576
|
191,100
|
|
Graham Holdings Co., Class B
|
|
566
|
540,196
|
|
Green Brick Partners, Inc.(b)
|
|
2,523
|
147,469
|
|
Group 1 Automotive, Inc.
|
|
256
|
108,524
|
|
Hanesbrands, Inc.(b)
|
|
48,616
|
240,649
|
|
Hilton Grand Vacations, Inc.(b)(c)
|
|
2,137
|
81,569
|
|
Installed Building Products, Inc.(c)
|
|
810
|
129,179
|
|
KB Home
|
|
4,427
|
228,345
|
|
Kontoor Brands, Inc.
|
|
11,311
|
775,935
|
|
Laureate Education, Inc., Class A(b)
|
|
31,731
|
713,947
|
|
La-Z-Boy, Inc.
|
|
2,359
|
98,819
|
|
Life Time Group Holdings, Inc.(b)
|
|
7,968
|
227,885
|
|
Lincoln Educational Services Corp.(b)(c)
|
|
5,365
|
127,687
|
|
M/I Homes, Inc.(b)
|
|
338
|
36,034
|
|
Meritage Homes Corp.
|
|
1,056
|
67,172
|
|
Modine Manufacturing Co.(b)(c)
|
|
1,141
|
103,603
|
|
Monarch Casino & Resort, Inc.
|
|
1,082
|
90,607
|
|
Nathan’s Famous, Inc.
|
|
1,055
|
112,864
|
|
OneSpaWorld Holdings Ltd. (Bahamas)(c)
|
|
11,297
|
213,061
|
|
Perdoceo Education Corp.
|
|
10,928
|
371,989
|
|
PHINIA, Inc.
|
|
9,689
|
420,503
|
|
Rush Street Interactive, Inc.(b)(c)
|
|
17,443
|
221,352
|
|
Shake Shack, Inc., Class A(b)
|
|
3,750
|
486,712
|
|
Signet Jewelers Ltd.(c)
|
|
1,072
|
71,363
|
|
Six Flags Entertainment Corp.(c)
|
|
2,029
|
68,093
|
|
Steven Madden Ltd.
|
|
3,592
|
88,543
|
|
Strategic Education, Inc.
|
|
1,722
|
157,098
|
|
Stride, Inc.(b)(c)
|
|
4,676
|
707,900
|
|
|
Shares
|
Value
|
|
|
Consumer Discretionary-(continued)
|
|||
|
Super Group (SGHC) Ltd. (Guernsey)(c)
|
|
22,383
|
$195,627
|
|
Sweetgreen, Inc., Class A(b)(c)
|
|
3,014
|
40,448
|
|
Taylor Morrison Home Corp., Class A(b)
|
|
2,806
|
157,922
|
|
Tri Pointe Homes, Inc.(b)
|
|
1,680
|
49,526
|
|
Universal Technical Institute, Inc.(b)
|
|
8,087
|
287,331
|
|
Urban Outfitters, Inc.(b)
|
|
5,321
|
371,938
|
|
Victoria’s Secret & Co.(b)
|
|
5,242
|
111,183
|
|
Warby Parker, Inc., Class A(b)
|
|
11,429
|
241,952
|
|
Weyco Group, Inc.(c)
|
|
1,979
|
62,061
|
|
Winmark Corp.
|
|
446
|
189,470
|
|
Wolverine World Wide, Inc.
|
|
8,613
|
146,938
|
|
|
|
|
16,005,649
|
|
Consumer Staples-6.66%
|
|||
|
Andersons, Inc. (The)
|
|
2,388
|
84,798
|
|
Cal-Maine Foods, Inc.
|
|
1,697
|
162,793
|
|
Central Garden & Pet Co., Class A(b)
|
|
1,618
|
51,727
|
|
Dole PLC
|
|
3,948
|
55,904
|
|
Edgewell Personal Care Co.
|
|
2,168
|
59,880
|
|
Energizer Holdings, Inc.
|
|
5,620
|
130,890
|
|
Fresh Del Monte Produce, Inc.
|
|
7,196
|
254,163
|
|
Interparfums, Inc.
|
|
1,289
|
175,588
|
|
J&J Snack Foods Corp.
|
|
894
|
102,962
|
|
Lancaster Colony Corp.
|
|
4,548
|
761,335
|
|
Natural Grocers by Vitamin Cottage, Inc.
|
|
3,460
|
168,952
|
|
PriceSmart, Inc.
|
|
9,421
|
1,017,279
|
|
Primo Brands Corp.
|
|
47,117
|
1,558,159
|
|
Simply Good Foods Co. (The)(b)
|
|
3,249
|
112,123
|
|
Sprouts Farmers Market, Inc.(b)
|
|
50,652
|
8,755,705
|
|
TreeHouse Foods, Inc.(b)
|
|
2,667
|
59,901
|
|
Turning Point Brands, Inc.
|
|
2,965
|
220,359
|
|
Utz Brands, Inc.
|
|
4,474
|
59,191
|
|
Village Super Market, Inc., Class A
|
|
3,140
|
121,141
|
|
Vita Coco Co., Inc. (The)(b)(c)
|
|
3,247
|
115,561
|
|
Vital Farms, Inc.(b)(c)
|
|
16,072
|
511,732
|
|
WD-40 Co.
|
|
3,256
|
793,259
|
|
Weis Markets, Inc.
|
|
2,611
|
197,914
|
|
|
|
|
15,531,316
|
|
Energy-0.89%
|
|||
|
Archrock, Inc.
|
|
15,028
|
374,197
|
|
Aris Water Solutions, Inc., Class A
|
|
4,300
|
94,772
|
|
Atlas Energy Solutions, Inc.(c)
|
|
3,406
|
41,383
|
|
Cactus, Inc., Class A
|
|
879
|
36,039
|
|
CNX Resources Corp.(b)(c)
|
|
1,743
|
56,264
|
|
Core Natural Resources, Inc.
|
|
1,710
|
118,503
|
|
DHT Holdings, Inc.
|
|
16,540
|
191,533
|
|
Golar LNG Ltd. (Cameroon)
|
|
6,491
|
267,170
|
|
International Seaways, Inc.
|
|
3,505
|
129,860
|
|
Kodiak Gas Services, Inc.
|
|
1,625
|
57,379
|
|
Magnolia Oil & Gas Corp., Class A
|
|
4,445
|
95,567
|
|
Noble Corp. PLC
|
|
5,120
|
126,822
|
|
Ranger Energy Services, Inc., Class A
|
|
3,340
|
35,571
|
|
Scorpio Tankers, Inc. (Monaco)
|
|
1,230
|
48,880
|
|
Select Water Solutions, Inc., Class A
|
|
12,117
|
97,421
|
|
SFL Corp. Ltd. (Norway)
|
|
8,359
|
71,720
|
|
Sitio Royalties Corp., Class A
|
|
6,340
|
108,224
|
|
Solaris Energy Infrastructure, Inc., Class B
|
|
3,311
|
90,821
|
|
Vitesse Energy, Inc.(c)
|
|
2,314
|
48,432
|
|
|
|
|
2,090,558
|
|
Financials-26.82%
|
|||
|
1st Source Corp.
|
|
2,681
|
162,361
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Acadian Asset Management, Inc.
|
|
6,161
|
$185,508
|
|
Amalgamated Financial Corp.
|
|
2,662
|
80,446
|
|
Ameris Bancorp
|
|
9,647
|
593,001
|
|
AMERISAFE, Inc.
|
|
4,849
|
230,182
|
|
Arbor Realty Trust, Inc.(c)
|
|
17,594
|
168,551
|
|
ARMOUR Residential REIT, Inc.(c)
|
|
3,425
|
55,519
|
|
Arrow Financial Corp.
|
|
2,356
|
60,667
|
|
Artisan Partners Asset Management, Inc.,
Class A
|
|
9,349
|
376,765
|
|
Associated Banc-Corp
|
|
22,983
|
532,516
|
|
Atlantic Union Bankshares Corp., Class B
|
|
18,050
|
541,861
|
|
AvidXchange Holdings, Inc.(b)
|
|
12,218
|
119,614
|
|
Axos Financial, Inc.(b)
|
|
9,812
|
682,326
|
|
Baldwin Insurance Group, Inc. (The),
Class A(b)(c)
|
|
6,762
|
260,540
|
|
BancFirst Corp.
|
|
2,955
|
365,548
|
|
Banco Latinoamericano de Comercio Exterior
S.A., Class E (Panama)(c)
|
|
5,381
|
220,729
|
|
Bancorp, Inc. (The)(b)
|
|
5,152
|
263,267
|
|
Bank First Corp.
|
|
1,320
|
153,516
|
|
Bank of Hawaii Corp.
|
|
2,666
|
177,316
|
|
Bank of Marin Bancorp
|
|
2,156
|
45,944
|
|
Bank of N.T. Butterfield & Son Ltd. (The)
(Bermuda)
|
|
5,456
|
230,025
|
|
BankUnited, Inc.
|
|
7,179
|
243,942
|
|
Banner Corp.
|
|
6,356
|
391,847
|
|
Bar Harbor Bankshares
|
|
1,687
|
49,058
|
|
Berkshire Hills Bancorp, Inc.
|
|
4,434
|
109,786
|
|
BGC Group, Inc., Class A
|
|
49,154
|
456,149
|
|
Blackstone Mortgage Trust, Inc., Class A(c)
|
|
6,810
|
128,641
|
|
Bread Financial Holdings, Inc.
|
|
2,120
|
108,629
|
|
Brookline Bancorp, Inc.
|
|
12,333
|
127,400
|
|
Burford Capital Ltd.(c)
|
|
4,487
|
57,703
|
|
Burke & Herbert Financial Services Corp.
|
|
1,481
|
84,299
|
|
Business First Bancshares, Inc.
|
|
2,667
|
63,448
|
|
Byline Bancorp, Inc.
|
|
4,766
|
123,296
|
|
Cadence Bank(c)
|
|
25,753
|
780,316
|
|
Camden National Corp.
|
|
2,240
|
88,122
|
|
Capital City Bank Group, Inc.
|
|
2,047
|
77,254
|
|
Capitol Federal Financial, Inc.
|
|
8,904
|
50,842
|
|
Cathay General Bancorp
|
|
8,856
|
379,524
|
|
Central Pacific Financial Corp.
|
|
6,128
|
163,618
|
|
Chimera Investment Corp.(c)
|
|
4,655
|
61,353
|
|
City Holding Co.(c)
|
|
2,485
|
292,957
|
|
CNB Financial Corp.
|
|
2,666
|
57,772
|
|
CNO Financial Group, Inc.
|
|
21,130
|
802,095
|
|
Coastal Financial Corp.(b)
|
|
1,478
|
129,901
|
|
Cohen & Steers, Inc.
|
|
8,543
|
656,444
|
|
Community Financial System, Inc.
|
|
10,063
|
565,943
|
|
Community Trust Bancorp, Inc.
|
|
3,515
|
179,441
|
|
Compass Diversified Holdings
|
|
4,012
|
26,961
|
|
ConnectOne Bancorp, Inc.
|
|
3,169
|
72,792
|
|
Customers Bancorp, Inc.(b)(c)
|
|
1,286
|
65,535
|
|
CVB Financial Corp.
|
|
12,665
|
237,469
|
|
Diamond Hill Investment Group, Inc.
|
|
343
|
48,452
|
|
Dime Community Bancshares, Inc., Class B
|
|
5,029
|
129,044
|
|
Donnelley Financial Solutions, Inc.(b)
|
|
1,318
|
71,805
|
|
Dynex Capital, Inc.
|
|
5,962
|
71,782
|
|
Eastern Bankshares, Inc.
|
|
26,431
|
396,465
|
|
Employers Holdings, Inc.
|
|
7,064
|
343,805
|
|
Enact Holdings, Inc.
|
|
7,124
|
252,190
|
|
Enova International, Inc.(b)
|
|
2,615
|
242,332
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Enstar Group Ltd.(b)
|
|
1,466
|
$491,125
|
|
Enterprise Financial Services Corp.
|
|
6,148
|
325,475
|
|
Equity Bancshares, Inc., Class A
|
|
2,352
|
91,587
|
|
Esquire Financial Holdings, Inc.(c)
|
|
1,827
|
165,782
|
|
Essent Group Ltd.
|
|
15,280
|
886,240
|
|
Farmers National Banc Corp.
|
|
3,834
|
50,724
|
|
FB Financial Corp.
|
|
6,087
|
265,698
|
|
Federal Agricultural Mortgage Corp., Class C
|
|
1,219
|
227,246
|
|
Fidelis Insurance Holdings Ltd. (United
Kingdom)
|
|
20,787
|
363,357
|
|
Financial Institutions, Inc.
|
|
2,200
|
56,804
|
|
First Bancorp
|
|
23,913
|
477,782
|
|
First Bancorp/Southern Pines NC
|
|
4,417
|
182,731
|
|
First Busey Corp.
|
|
9,070
|
200,628
|
|
First Business Financial Services, Inc.
|
|
1,211
|
59,060
|
|
First Commonwealth Financial Corp.
|
|
15,439
|
241,157
|
|
First Community Bankshares, Inc.
|
|
2,656
|
99,866
|
|
First Financial Bancorp
|
|
13,350
|
322,536
|
|
First Financial Bankshares, Inc.(c)
|
|
25,808
|
909,990
|
|
First Financial Corp.
|
|
1,649
|
85,484
|
|
First Interstate BancSystem, Inc., Class A
|
|
7,232
|
196,349
|
|
First Merchants Corp.
|
|
7,773
|
293,042
|
|
First Mid Bancshares, Inc.
|
|
3,297
|
116,318
|
|
FirstCash Holdings, Inc.
|
|
4,549
|
581,863
|
|
Five Star Bancorp
|
|
3,303
|
92,352
|
|
Franklin BSP Realty Trust, Inc.
|
|
6,353
|
70,074
|
|
Fulton Financial Corp.
|
|
28,461
|
490,952
|
|
GCM Grosvenor, Inc., Class A
|
|
9,750
|
122,947
|
|
Genworth Financial, Inc., Class A(b)
|
|
27,216
|
191,873
|
|
German American Bancorp, Inc.
|
|
6,425
|
245,531
|
|
Glacier Bancorp, Inc.(c)
|
|
15,886
|
658,792
|
|
Goosehead Insurance, Inc., Class A(c)
|
|
2,905
|
314,495
|
|
Great Southern Bancorp, Inc.
|
|
890
|
49,787
|
|
Greenlight Capital Re Ltd., Class A(b)
|
|
6,865
|
99,131
|
|
HA Sustainable Infrastructure Capital, Inc.(c)
|
|
5,636
|
141,182
|
|
Hamilton Insurance Group Ltd., Class B
(Bermuda)(b)
|
|
5,770
|
125,555
|
|
Hamilton Lane, Inc., Class A(c)
|
|
17,862
|
2,661,438
|
|
Hancock Whitney Corp.
|
|
8,583
|
469,233
|
|
Hanmi Financial Corp.
|
|
4,337
|
99,404
|
|
HarborOne Bancorp, Inc.
|
|
4,975
|
56,616
|
|
HCI Group, Inc.(c)
|
|
1,300
|
219,401
|
|
Heritage Commerce Corp.
|
|
6,164
|
57,079
|
|
Heritage Financial Corp.
|
|
4,698
|
109,839
|
|
Hingham Institution for Savings (The)(c)
|
|
297
|
71,996
|
|
Home BancShares, Inc.
|
|
28,988
|
820,071
|
|
HomeTrust Bancshares, Inc.
|
|
2,825
|
101,954
|
|
Hope Bancorp, Inc.
|
|
14,503
|
145,610
|
|
Horace Mann Educators Corp.
|
|
8,558
|
371,674
|
|
Horizon Bancorp, Inc.
|
|
5,543
|
82,258
|
|
Independent Bank Corp.
|
|
4,289
|
263,773
|
|
Independent Bank Corp.
|
|
4,144
|
130,660
|
|
International Bancshares Corp.
|
|
11,602
|
726,633
|
|
International Money Express, Inc.(b)
|
|
6,242
|
68,849
|
|
Investors Title Co.
|
|
553
|
129,413
|
|
Jackson Financial, Inc., Class A
|
|
14,756
|
1,208,664
|
|
Ladder Capital Corp.
|
|
7,492
|
78,816
|
|
Lakeland Financial Corp.
|
|
2,444
|
146,322
|
|
Live Oak Bancshares, Inc.
|
|
2,085
|
57,233
|
|
Mercantile Bank Corp.
|
|
2,268
|
100,155
|
|
Merchants Bancorp
|
|
3,448
|
110,405
|
|
Mercury General Corp.
|
|
8,473
|
546,339
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
MetroCity Bankshares, Inc.
|
|
3,537
|
$98,824
|
|
Mid Penn Bancorp, Inc.(c)
|
|
2,465
|
65,692
|
|
MidWestOne Financial Group, Inc.
|
|
2,178
|
62,617
|
|
Moelis & Co., Class A
|
|
5,880
|
335,807
|
|
Mr. Cooper Group, Inc.(b)
|
|
13,833
|
1,791,788
|
|
National Bank Holdings Corp., Class A
|
|
6,102
|
220,587
|
|
NBT Bancorp, Inc.
|
|
6,054
|
253,360
|
|
NCR Atleos Corp.(b)
|
|
17,464
|
462,971
|
|
Nelnet, Inc., Class A
|
|
2,029
|
235,729
|
|
Nicolet Bankshares, Inc.
|
|
2,454
|
300,959
|
|
NMI Holdings, Inc., Class A(b)
|
|
15,669
|
622,373
|
|
Northeast Bank
|
|
1,481
|
124,152
|
|
Northeast Community Bancorp, Inc.
|
|
4,541
|
102,717
|
|
Northfield Bancorp, Inc.
|
|
4,485
|
52,385
|
|
Northrim BanCorp, Inc.
|
|
1,078
|
98,745
|
|
Northwest Bancshares, Inc.
|
|
20,965
|
257,450
|
|
OceanFirst Financial Corp.
|
|
7,110
|
119,519
|
|
OFG Bancorp
|
|
6,189
|
254,615
|
|
Old National Bancorp
|
|
51,587
|
1,076,105
|
|
Old Second Bancorp, Inc.
|
|
5,260
|
87,000
|
|
Orrstown Financial Services, Inc.
|
|
3,849
|
115,701
|
|
Pacific Premier Bancorp, Inc.
|
|
3,973
|
84,228
|
|
Palomar Holdings, Inc.(b)
|
|
6,370
|
1,092,264
|
|
Park National Corp.
|
|
3,431
|
557,743
|
|
Pathward Financial, Inc.
|
|
5,112
|
398,992
|
|
Payoneer Global, Inc.(b)
|
|
78,777
|
536,471
|
|
Peapack-Gladstone Financial Corp.
|
|
1,791
|
49,109
|
|
PennyMac Financial Services, Inc.
|
|
1,859
|
178,464
|
|
Peoples Bancorp, Inc.
|
|
3,493
|
102,415
|
|
Perella Weinberg Partners
|
|
8,317
|
144,466
|
|
Piper Sandler Cos.
|
|
5,624
|
1,414,155
|
|
PJT Partners, Inc., Class A(c)
|
|
7,469
|
1,125,280
|
|
Preferred Bank(c)
|
|
2,239
|
187,203
|
|
PROG Holdings, Inc.
|
|
2,270
|
65,444
|
|
Provident Financial Services, Inc.
|
|
15,029
|
250,984
|
|
QCR Holdings, Inc.
|
|
3,715
|
250,019
|
|
Radian Group, Inc.
|
|
34,731
|
1,186,064
|
|
RBB Bancorp
|
|
2,513
|
42,671
|
|
Renasant Corp.
|
|
10,674
|
374,124
|
|
Republic Bancorp, Inc., Class A
|
|
2,073
|
142,083
|
|
S&T Bancorp, Inc.
|
|
7,276
|
266,738
|
|
Safety Insurance Group, Inc.
|
|
1,746
|
143,416
|
|
Seacoast Banking Corp. of Florida
|
|
4,895
|
126,438
|
|
Selective Insurance Group, Inc.
|
|
13,451
|
1,183,957
|
|
ServisFirst Bancshares, Inc.
|
|
9,924
|
738,643
|
|
Shore Bancshares, Inc.
|
|
3,263
|
47,281
|
|
Sierra Bancorp
|
|
2,409
|
65,934
|
|
Simmons First National Corp., Class A
|
|
17,968
|
337,080
|
|
SiriusPoint Ltd. (Sweden)(b)
|
|
18,794
|
368,174
|
|
Skyward Specialty Insurance Group, Inc.(b)
|
|
12,168
|
770,843
|
|
SmartFinancial, Inc.
|
|
3,354
|
106,590
|
|
South Plains Financial, Inc.
|
|
2,359
|
84,853
|
|
Southern Missouri Bancorp, Inc.
|
|
1,413
|
74,409
|
|
Southside Bancshares, Inc.
|
|
3,400
|
95,846
|
|
SouthState Corp.
|
|
12,403
|
1,088,983
|
|
Stellar Bancorp, Inc.
|
|
4,271
|
114,975
|
|
StepStone Group, Inc., Class A
|
|
19,233
|
1,112,629
|
|
Stewart Information Services Corp.
|
|
4,058
|
244,860
|
|
Stock Yards Bancorp, Inc.
|
|
5,817
|
427,899
|
|
StoneX Group, Inc.(b)
|
|
7,916
|
670,129
|
|
Texas Capital Bancshares, Inc.(b)
|
|
5,625
|
403,256
|
|
Third Coast Bancshares, Inc.(b)(c)
|
|
3,026
|
92,777
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Tompkins Financial Corp.
|
|
1,380
|
$84,732
|
|
Towne Bank(c)
|
|
9,712
|
335,647
|
|
TriCo Bancshares
|
|
3,274
|
130,633
|
|
Triumph Financial, Inc.(b)(c)
|
|
2,400
|
138,648
|
|
TrustCo Bank Corp.
|
|
2,625
|
81,480
|
|
Trustmark Corp.
|
|
11,980
|
412,831
|
|
UMB Financial Corp.
|
|
15,260
|
1,573,611
|
|
United Bankshares, Inc.
|
|
14,387
|
519,946
|
|
United Community Banks, Inc.
|
|
10,248
|
294,528
|
|
Unity Bancorp, Inc.
|
|
1,545
|
68,297
|
|
Universal Insurance Holdings, Inc.
|
|
3,916
|
106,280
|
|
Univest Financial Corp.
|
|
6,126
|
180,840
|
|
Valley National Bancorp
|
|
25,075
|
220,158
|
|
Veritex Holdings, Inc.
|
|
5,623
|
136,077
|
|
Victory Capital Holdings, Inc., Class A
|
|
18,516
|
1,148,177
|
|
Virtus Investment Partners, Inc.
|
|
675
|
115,222
|
|
WaFd, Inc.
|
|
7,594
|
215,821
|
|
Walker & Dunlop, Inc.
|
|
1,971
|
134,994
|
|
Washington Trust Bancorp, Inc.
|
|
2,343
|
64,807
|
|
WesBanco, Inc.
|
|
10,455
|
321,805
|
|
Westamerica Bancorporation
|
|
2,363
|
113,542
|
|
WisdomTree, Inc.
|
|
49,327
|
465,647
|
|
WSFS Financial Corp.
|
|
7,626
|
403,339
|
|
|
|
|
62,576,011
|
|
Health Care-8.59%
|
|||
|
AdaptHealth Corp.(b)
|
|
10,468
|
94,003
|
|
Addus HomeCare Corp.(b)
|
|
3,749
|
415,802
|
|
ADMA Biologics, Inc.(b)
|
|
6,273
|
124,456
|
|
Agios Pharmaceuticals, Inc.(b)
|
|
7,351
|
235,894
|
|
Alkermes PLC(b)
|
|
18,094
|
553,857
|
|
Amneal Pharmaceuticals, Inc.(b)
|
|
10,719
|
78,463
|
|
ANI Pharmaceuticals, Inc.(b)(c)
|
|
1,165
|
68,409
|
|
Arcellx, Inc.(b)(c)
|
|
1,281
|
79,499
|
|
Artivion, Inc.(b)(c)
|
|
3,471
|
102,672
|
|
Astrana Health, Inc.(b)(c)
|
|
5,804
|
143,881
|
|
Avanos Medical, Inc.(b)
|
|
3,285
|
41,292
|
|
Catalyst Pharmaceuticals, Inc.(b)
|
|
16,194
|
404,202
|
|
Collegium Pharmaceutical, Inc.(b)(c)
|
|
2,100
|
61,194
|
|
Concentra Group Holdings Parent, Inc.
|
|
3,255
|
70,406
|
|
Corcept Therapeutics, Inc.(b)(c)
|
|
36,869
|
2,859,560
|
|
CorVel Corp.(b)
|
|
10,697
|
1,190,255
|
|
Edgewise Therapeutics, Inc.(b)(c)
|
|
2,090
|
29,845
|
|
Ensign Group, Inc. (The)
|
|
14,350
|
2,113,181
|
|
Glaukos Corp.(b)
|
|
2,681
|
252,792
|
|
Haemonetics Corp.(b)(c)
|
|
1,482
|
100,346
|
|
Halozyme Therapeutics, Inc.(b)
|
|
18,056
|
1,012,400
|
|
Harmony Biosciences Holdings, Inc.(b)
|
|
4,550
|
156,975
|
|
HealthEquity, Inc.(b)
|
|
13,655
|
1,373,830
|
|
HealthStream, Inc.
|
|
5,363
|
150,271
|
|
Hims & Hers Health, Inc.(b)(c)
|
|
21,984
|
1,243,415
|
|
ICU Medical, Inc.(b)
|
|
2,902
|
391,364
|
|
Innoviva, Inc.(b)(c)
|
|
4,332
|
84,777
|
|
Integer Holdings Corp.(b)(c)
|
|
5,813
|
690,352
|
|
iRadimed Corp.
|
|
2,021
|
116,976
|
|
Krystal Biotech, Inc.(b)(c)
|
|
889
|
111,978
|
|
Lantheus Holdings, Inc.(b)
|
|
2,331
|
176,130
|
|
LeMaitre Vascular, Inc.
|
|
9,007
|
740,375
|
|
Ligand Pharmaceuticals, Inc.(b)(c)
|
|
1,858
|
189,869
|
|
LivaNova PLC(b)
|
|
2,235
|
96,664
|
|
MannKind Corp.(b)(c)
|
|
34,831
|
144,549
|
|
Merit Medical Systems, Inc.(b)
|
|
11,242
|
1,068,327
|
|
Mesa Laboratories, Inc.
|
|
522
|
52,524
|
|
|
Shares
|
Value
|
|
|
Health Care-(continued)
|
|||
|
Mirum Pharmaceuticals, Inc.(b)(c)
|
|
1,447
|
$64,334
|
|
National HealthCare Corp.
|
|
4,657
|
484,980
|
|
Option Care Health, Inc.(b)
|
|
4,308
|
140,785
|
|
Pacira BioSciences, Inc.(b)
|
|
3,812
|
98,502
|
|
Pediatrix Medical Group, Inc.(b)
|
|
4,749
|
67,198
|
|
Pennant Group, Inc. (The)(b)
|
|
2,424
|
69,593
|
|
Phibro Animal Health Corp., Class A
|
|
4,762
|
116,288
|
|
Prestige Consumer Healthcare, Inc.(b)
|
|
7,743
|
663,343
|
|
PTC Therapeutics, Inc.(b)
|
|
1,325
|
64,289
|
|
RadNet, Inc.(b)(c)
|
|
4,347
|
249,909
|
|
Select Medical Holdings Corp.
|
|
9,674
|
147,916
|
|
SIGA Technologies, Inc.
|
|
9,665
|
57,797
|
|
Supernus Pharmaceuticals, Inc.(b)
|
|
11,022
|
349,397
|
|
U.S. Physical Therapy, Inc.
|
|
601
|
45,069
|
|
UFP Technologies, Inc.(b)(c)
|
|
1,461
|
342,166
|
|
Veracyte, Inc.(b)
|
|
2,582
|
68,707
|
|
Vericel Corp.(b)(c)
|
|
4,414
|
182,276
|
|
Xencor, Inc.(b)(c)
|
|
2,073
|
16,584
|
|
|
|
|
20,049,918
|
|
Industrials-22.58%
|
|||
|
ABM Industries, Inc.
|
|
7,678
|
404,247
|
|
AeroVironment, Inc.(b)(c)
|
|
1,084
|
192,984
|
|
Alamo Group, Inc.
|
|
519
|
102,783
|
|
Alight, Inc., Class A
|
|
13,825
|
75,484
|
|
Apogee Enterprises, Inc.
|
|
6,005
|
232,093
|
|
Applied Industrial Technologies, Inc.
|
|
8,641
|
1,957,359
|
|
Arcosa, Inc.
|
|
5,180
|
446,879
|
|
Argan, Inc.
|
|
7,876
|
1,656,323
|
|
Astec Industries, Inc.
|
|
1,545
|
60,703
|
|
Atmus Filtration Technologies, Inc.
|
|
63,166
|
2,275,239
|
|
AZZ, Inc.
|
|
13,125
|
1,190,306
|
|
Barrett Business Services, Inc.
|
|
6,140
|
253,735
|
|
Boise Cascade Co.
|
|
741
|
64,378
|
|
BrightView Holdings, Inc.(b)
|
|
7,844
|
122,210
|
|
Brink’s Co. (The)
|
|
3,164
|
259,638
|
|
Brookfield Business Corp., Class A (Canada)
|
|
2,853
|
81,396
|
|
Cadre Holdings, Inc.
|
|
2,776
|
90,970
|
|
Casella Waste Systems, Inc., Class A(b)
|
|
496
|
58,136
|
|
CBIZ, Inc.(b)(c)
|
|
13,557
|
979,358
|
|
CECO Environmental Corp.(b)(c)
|
|
5,480
|
147,357
|
|
Construction Partners, Inc., Class A(b)(c)
|
|
5,154
|
539,572
|
|
CoreCivic, Inc.(b)
|
|
10,863
|
238,551
|
|
Costamare Bulkers Holdings Ltd. (Monaco)(b)
|
|
1,361
|
12,739
|
|
Costamare, Inc. (Monaco)
|
|
6,807
|
58,336
|
|
CRA International, Inc.
|
|
3,541
|
672,967
|
|
CSG Systems International, Inc.
|
|
2,491
|
164,555
|
|
CSW Industrials, Inc.(c)
|
|
9,879
|
3,020,899
|
|
Deluxe Corp.
|
|
2,544
|
36,303
|
|
DNOW, Inc.(b)
|
|
12,474
|
179,875
|
|
Driven Brands Holdings, Inc.(b)(c)
|
|
11,166
|
198,978
|
|
DXP Enterprises, Inc.(b)
|
|
1,709
|
141,300
|
|
Dycom Industries, Inc.(b)
|
|
2,143
|
492,719
|
|
Enerpac Tool Group Corp.
|
|
12,977
|
556,454
|
|
EnerSys
|
|
2,085
|
174,369
|
|
Ennis, Inc.(c)
|
|
3,863
|
72,122
|
|
Enpro, Inc.
|
|
1,782
|
329,919
|
|
ESCO Technologies, Inc.
|
|
6,812
|
1,234,607
|
|
ExlService Holdings, Inc.(b)
|
|
75,853
|
3,488,479
|
|
Exponent, Inc.
|
|
12,068
|
921,271
|
|
Federal Signal Corp.(c)
|
|
15,301
|
1,439,365
|
|
First Advantage Corp.(b)(c)
|
|
6,187
|
105,921
|
|
Fluor Corp.(b)
|
|
10,629
|
441,954
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Franklin Electric Co., Inc.
|
|
8,943
|
$772,586
|
|
FTAI Aviation Ltd.
|
|
15,825
|
1,853,899
|
|
FTAI Infrastructure, Inc.
|
|
7,591
|
46,381
|
|
GATX Corp.
|
|
4,334
|
690,146
|
|
Gencor Industries, Inc.(b)(c)
|
|
3,228
|
44,514
|
|
GEO Group, Inc. (The)(b)(c)
|
|
38,435
|
1,043,126
|
|
Gibraltar Industries, Inc.(b)
|
|
2,184
|
127,939
|
|
GMS, Inc.(b)
|
|
1,144
|
86,635
|
|
Golden Ocean Group Ltd. (Norway)
|
|
7,964
|
61,323
|
|
Gorman-Rupp Co. (The)
|
|
5,825
|
212,612
|
|
Graham Corp.(b)(c)
|
|
2,795
|
110,207
|
|
Granite Construction, Inc.(c)
|
|
1,508
|
134,891
|
|
Greenbrier Cos., Inc. (The)
|
|
1,181
|
53,228
|
|
Griffon Corp.
|
|
3,783
|
260,081
|
|
H&E Equipment Services, Inc.
|
|
1,740
|
164,674
|
|
Heidrick & Struggles International, Inc.
|
|
5,263
|
229,783
|
|
Helios Technologies, Inc.
|
|
1,184
|
35,899
|
|
Herc Holdings, Inc.
|
|
683
|
84,692
|
|
Hillman Solutions Corp.(b)
|
|
27,130
|
196,421
|
|
Huron Consulting Group, Inc.(b)
|
|
4,802
|
685,870
|
|
Hyster-Yale, Inc.
|
|
1,050
|
42,168
|
|
ICF International, Inc.
|
|
1,792
|
153,969
|
|
IES Holdings, Inc.(b)(c)
|
|
2,052
|
532,822
|
|
Interface, Inc.
|
|
4,956
|
99,566
|
|
JetBlue Airways Corp.(b)(c)
|
|
15,236
|
76,942
|
|
Kadant, Inc.(c)
|
|
4,019
|
1,261,604
|
|
Kennametal, Inc.
|
|
8,116
|
174,737
|
|
Kforce, Inc.
|
|
1,040
|
42,432
|
|
Korn Ferry
|
|
9,328
|
634,397
|
|
Kratos Defense & Security Solutions, Inc.(b)(c)
|
|
7,014
|
258,746
|
|
LB Foster Co., Class A(b)
|
|
2,622
|
49,530
|
|
Legalzoom.com, Inc.(b)
|
|
7,331
|
66,932
|
|
Leonardo DRS, Inc.
|
|
10,476
|
443,135
|
|
Limbach Holdings, Inc.(b)
|
|
2,457
|
315,037
|
|
Liquidity Services, Inc.(b)(c)
|
|
3,516
|
82,169
|
|
MasterBrand, Inc.(b)
|
|
6,488
|
66,178
|
|
Matson, Inc.
|
|
2,452
|
276,708
|
|
Maximus, Inc.
|
|
5,796
|
420,268
|
|
McGrath RentCorp
|
|
783
|
87,994
|
|
Miller Industries, Inc.
|
|
3,297
|
149,453
|
|
MillerKnoll, Inc.
|
|
2,611
|
44,048
|
|
Moog, Inc., Class A
|
|
4,217
|
781,452
|
|
Mueller Industries, Inc.
|
|
19,405
|
1,511,067
|
|
Mueller Water Products, Inc., Class A
|
|
53,160
|
1,304,015
|
|
MYR Group, Inc.(b)
|
|
2,230
|
349,775
|
|
National Presto Industries, Inc.
|
|
706
|
60,469
|
|
Northwest Pipe Co.(b)
|
|
2,797
|
108,076
|
|
NuScale Power Corp.(b)(c)
|
|
3,965
|
126,840
|
|
OPENLANE, Inc.(b)(c)
|
|
17,885
|
410,103
|
|
Powell Industries, Inc.
|
|
1,152
|
195,368
|
|
Primoris Services Corp.
|
|
22,565
|
1,627,162
|
|
Resideo Technologies, Inc.(b)
|
|
3,657
|
75,700
|
|
REV Group, Inc.
|
|
16,326
|
612,062
|
|
Rush Enterprises, Inc., Class A
|
|
7,836
|
389,057
|
|
SkyWest, Inc.(b)
|
|
914
|
92,725
|
|
SPX Technologies, Inc.(b)
|
|
8,519
|
1,295,655
|
|
Standex International Corp.
|
|
2,488
|
375,539
|
|
Steelcase, Inc., Class A
|
|
4,456
|
45,941
|
|
Sterling Infrastructure, Inc.(b)(c)
|
|
6,962
|
1,308,926
|
|
Taylor Devices, Inc.(b)(c)
|
|
1,340
|
49,486
|
|
Tecnoglass, Inc.(c)
|
|
1,204
|
103,099
|
|
Tennant Co.
|
|
2,520
|
187,538
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Terex Corp.
|
|
2,190
|
$98,572
|
|
Thermon Group Holdings, Inc.(b)
|
|
1,967
|
51,024
|
|
TriNet Group, Inc.
|
|
1,957
|
162,842
|
|
Trinity Industries, Inc.
|
|
10,780
|
277,477
|
|
Tutor Perini Corp.(b)
|
|
4,241
|
156,408
|
|
UFP Industries, Inc.
|
|
1,385
|
135,121
|
|
UniFirst Corp.
|
|
1,895
|
357,321
|
|
V2X, Inc.(b)
|
|
3,604
|
163,189
|
|
Verra Mobility Corp., Class A(b)
|
|
7,507
|
177,541
|
|
Vicor Corp.(b)(c)
|
|
2,115
|
92,299
|
|
Watts Water Technologies, Inc., Class A
|
|
2,353
|
569,708
|
|
Werner Enterprises, Inc.(c)
|
|
3,907
|
101,387
|
|
Willdan Group, Inc.(b)
|
|
2,335
|
126,207
|
|
WNS (Holdings) Ltd. (India)(b)(c)
|
|
4,161
|
241,296
|
|
Zurn Elkay Water Solutions Corp.
|
|
44,579
|
1,613,314
|
|
|
|
|
52,680,336
|
|
Information Technology-10.83%
|
|||
|
A10 Networks, Inc.
|
|
8,437
|
145,623
|
|
ACI Worldwide, Inc.(b)
|
|
17,594
|
813,898
|
|
Adeia, Inc.
|
|
4,024
|
51,668
|
|
Advanced Energy Industries, Inc.
|
|
878
|
100,777
|
|
Agilysys, Inc.(b)(c)
|
|
3,257
|
344,949
|
|
Alarm.com Holdings, Inc.(b)(c)
|
|
1,881
|
107,969
|
|
Alkami Technology, Inc.(b)(c)
|
|
12,479
|
357,399
|
|
ASGN, Inc.(b)
|
|
2,344
|
123,787
|
|
AvePoint, Inc.(b)(c)
|
|
48,478
|
904,115
|
|
Badger Meter, Inc.
|
|
12,211
|
3,031,014
|
|
Bel Fuse, Inc., Class B(c)
|
|
1,008
|
74,390
|
|
Belden, Inc.
|
|
4,877
|
517,937
|
|
Benchmark Electronics, Inc.
|
|
5,654
|
206,484
|
|
Blackbaud, Inc.(b)
|
|
2,191
|
136,346
|
|
Box, Inc., Class A(b)(c)
|
|
21,322
|
806,398
|
|
Calix, Inc.(b)
|
|
1,889
|
87,347
|
|
Clear Secure, Inc., Class A
|
|
11,402
|
282,200
|
|
Clearwater Analytics Holdings, Inc.,
Class A(b)
|
|
12,901
|
298,013
|
|
Climb Global Solutions, Inc.
|
|
525
|
57,842
|
|
Commvault Systems, Inc.(b)
|
|
20,747
|
3,799,813
|
|
CTS Corp.
|
|
6,612
|
269,042
|
|
Daily Journal Corp.(b)(c)
|
|
346
|
145,815
|
|
Daktronics, Inc.(b)(c)
|
|
10,427
|
154,737
|
|
Digi International, Inc.(b)(c)
|
|
5,900
|
191,219
|
|
DigitalOcean Holdings, Inc.(b)(c)
|
|
1,437
|
40,667
|
|
ePlus, Inc.(b)(c)
|
|
4,028
|
287,478
|
|
Fabrinet (Thailand)(b)
|
|
5,634
|
1,311,990
|
|
FormFactor, Inc.(b)
|
|
2,773
|
82,774
|
|
Hackett Group, Inc. (The)
|
|
5,013
|
122,919
|
|
Harmonic, Inc.(b)(c)
|
|
9,042
|
81,559
|
|
Impinj, Inc.(b)(c)
|
|
1,021
|
116,486
|
|
Intapp, Inc.(b)(c)
|
|
8,370
|
461,354
|
|
InterDigital, Inc.(c)
|
|
9,525
|
2,069,401
|
|
Itron, Inc.(b)
|
|
5,486
|
634,182
|
|
Knowles Corp.(b)(c)
|
|
2,890
|
47,425
|
|
Kulicke & Soffa Industries, Inc. (Singapore)(c)
|
|
3,141
|
100,983
|
|
LiveRamp Holdings, Inc.(b)
|
|
2,232
|
72,719
|
|
Mirion Technologies, Inc.(b)(c)
|
|
22,719
|
433,933
|
|
Napco Security Technologies, Inc.
|
|
9,168
|
255,787
|
|
NCR Voyix Corp.(b)(c)
|
|
8,535
|
94,653
|
|
NETGEAR, Inc.(b)(c)
|
|
7,493
|
219,770
|
|
NetScout Systems, Inc.(b)
|
|
2,907
|
66,396
|
|
Novanta, Inc.(b)
|
|
2,340
|
289,739
|
|
OneSpan, Inc.
|
|
5,067
|
80,717
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
OSI Systems, Inc.(b)(c)
|
|
673
|
$147,461
|
|
PAR Technology Corp.(b)(c)
|
|
2,018
|
132,300
|
|
Plexus Corp.(b)
|
|
7,459
|
979,068
|
|
Progress Software Corp.
|
|
1,792
|
110,316
|
|
Q2 Holdings, Inc.(b)
|
|
10,826
|
947,492
|
|
Qualys, Inc.(b)
|
|
963
|
133,424
|
|
Rambus, Inc.(b)
|
|
2,760
|
147,577
|
|
Red Violet, Inc.(c)
|
|
1,820
|
88,379
|
|
ReposiTrak, Inc.(c)
|
|
4,064
|
88,676
|
|
Sanmina Corp.(b)
|
|
3,496
|
296,076
|
|
Sapiens International Corp. N.V. (Israel)(c)
|
|
9,708
|
278,620
|
|
ScanSource, Inc.(b)
|
|
4,185
|
168,990
|
|
Semtech Corp.(b)
|
|
17,220
|
642,823
|
|
SPS Commerce, Inc.(b)
|
|
2,073
|
291,795
|
|
Tenable Holdings, Inc.(b)
|
|
1,275
|
41,081
|
|
TTM Technologies, Inc.(b)
|
|
6,927
|
206,840
|
|
Varonis Systems, Inc.(b)(c)
|
|
1,707
|
81,390
|
|
Vertex, Inc., Class A(b)(c)
|
|
13,730
|
543,296
|
|
Viavi Solutions, Inc.(b)(c)
|
|
7,164
|
65,264
|
|
|
|
|
25,270,582
|
|
Materials-3.96%
|
|||
|
Avient Corp.
|
|
3,726
|
134,620
|
|
Balchem Corp.
|
|
6,726
|
1,121,224
|
|
Cabot Corp.
|
|
9,341
|
697,679
|
|
Carpenter Technology Corp.
|
|
7,455
|
1,751,925
|
|
Commercial Metals Co.
|
|
13,823
|
644,014
|
|
Greif, Inc., Class A
|
|
988
|
54,933
|
|
H.B. Fuller Co.
|
|
1,110
|
61,960
|
|
Hawkins, Inc.
|
|
4,013
|
535,695
|
|
Innospec, Inc.
|
|
2,459
|
209,212
|
|
Kaiser Aluminum Corp.
|
|
755
|
54,806
|
|
Knife River Corp.(b)
|
|
17,255
|
1,623,696
|
|
Minerals Technologies, Inc.
|
|
5,373
|
305,079
|
|
Perimeter Solutions, Inc.(b)
|
|
12,130
|
146,409
|
|
Sensient Technologies Corp.
|
|
6,157
|
582,021
|
|
SSR Mining, Inc. (Canada)(b)
|
|
15,763
|
186,476
|
|
SunCoke Energy, Inc.
|
|
4,759
|
38,738
|
|
Sylvamo Corp.
|
|
4,823
|
255,474
|
|
United States Lime & Minerals, Inc.
|
|
6,243
|
641,656
|
|
Warrior Met Coal, Inc.(c)
|
|
1,372
|
62,357
|
|
Worthington Steel, Inc.
|
|
5,375
|
133,838
|
|
|
|
|
9,241,812
|
|
Real Estate-9.03%
|
|||
|
Acadia Realty Trust
|
|
40,890
|
787,541
|
|
Alexander & Baldwin, Inc.
|
|
12,373
|
221,600
|
|
Alexander’s, Inc.(c)
|
|
784
|
176,549
|
|
American Assets Trust, Inc.
|
|
12,797
|
255,172
|
|
American Healthcare REIT, Inc.
|
|
5,686
|
198,669
|
|
Apple Hospitality REIT, Inc.
|
|
10,182
|
118,009
|
|
Armada Hoffler Properties, Inc.
|
|
5,691
|
39,609
|
|
Brandywine Realty Trust
|
|
12,519
|
52,955
|
|
Broadstone Net Lease, Inc.
|
|
44,517
|
708,266
|
|
CareTrust REIT, Inc.
|
|
38,140
|
1,096,906
|
|
CBL & Associates Properties, Inc.
|
|
4,915
|
123,907
|
|
Centerspace
|
|
6,711
|
427,826
|
|
COPT Defense Properties
|
|
22,165
|
608,429
|
|
CTO Realty Growth, Inc.
|
|
8,443
|
155,520
|
|
Curbline Properties Corp.
|
|
6,368
|
144,490
|
|
Cushman & Wakefield PLC(b)
|
|
29,677
|
297,660
|
|
Douglas Emmett, Inc.(c)
|
|
39,368
|
560,207
|
|
Easterly Government Properties, Inc.
|
|
3,870
|
84,095
|
|
|
Shares
|
Value
|
|
|
Real Estate-(continued)
|
|||
|
Elme Communities
|
|
12,691
|
$203,817
|
|
Empire State Realty Trust, Inc., Class A
|
|
21,536
|
164,966
|
|
Essential Properties Realty Trust, Inc.
|
|
31,141
|
1,012,083
|
|
Farmland Partners, Inc.(c)
|
|
5,077
|
57,472
|
|
Forestar Group, Inc.(b)
|
|
2,288
|
43,815
|
|
Four Corners Property Trust, Inc.(c)
|
|
27,262
|
752,704
|
|
Getty Realty Corp.
|
|
14,661
|
428,981
|
|
Gladstone Commercial Corp.
|
|
9,405
|
134,962
|
|
Independence Realty Trust, Inc.
|
|
81,897
|
1,522,465
|
|
Innovative Industrial Properties, Inc.
|
|
4,309
|
237,943
|
|
JBG SMITH Properties, (Acquired
07/05/2024 - 02/10/2025;
Cost $60,112)(c)(d)
|
|
3,927
|
67,152
|
|
Kite Realty Group Trust(c)
|
|
37,041
|
819,347
|
|
LTC Properties, Inc.(c)
|
|
16,999
|
601,595
|
|
LXP Industrial Trust(c)
|
|
40,541
|
347,842
|
|
Macerich Co. (The)
|
|
5,880
|
95,138
|
|
Marcus & Millichap, Inc.
|
|
1,350
|
38,894
|
|
National Health Investors, Inc.
|
|
19,729
|
1,430,550
|
|
NETSTREIT Corp.
|
|
7,065
|
113,747
|
|
Newmark Group, Inc., Class A
|
|
12,317
|
135,610
|
|
NexPoint Residential Trust, Inc.
|
|
8,444
|
287,096
|
|
One Liberty Properties, Inc.(c)
|
|
6,507
|
159,291
|
|
Outfront Media, Inc.
|
|
3,579
|
59,125
|
|
Phillips Edison & Co., Inc.
|
|
25,460
|
902,812
|
|
Piedmont Office Realty Trust, Inc., Class A
|
|
29,921
|
213,038
|
|
PotlatchDeltic Corp.
|
|
6,570
|
258,464
|
|
Ryman Hospitality Properties, Inc.(c)
|
|
815
|
79,145
|
|
Sabra Health Care REIT, Inc.
|
|
34,509
|
603,217
|
|
Safehold, Inc.
|
|
2,671
|
40,252
|
|
Saul Centers, Inc.
|
|
1,687
|
56,818
|
|
SITE Centers Corp.
|
|
5,785
|
68,957
|
|
SL Green Realty Corp.
|
|
8,345
|
473,746
|
|
St. Joe Co. (The)
|
|
3,115
|
139,272
|
|
Sunstone Hotel Investors, Inc.
|
|
25,672
|
230,021
|
|
Tanger, Inc.
|
|
19,318
|
575,676
|
|
Terreno Realty Corp.
|
|
16,655
|
939,675
|
|
UMH Properties, Inc.
|
|
24,374
|
409,239
|
|
Uniti Group, Inc.(c)
|
|
21,737
|
93,469
|
|
Urban Edge Properties
|
|
47,827
|
868,538
|
|
Veris Residential, Inc.
|
|
8,024
|
121,965
|
|
Whitestone REIT
|
|
11,318
|
139,438
|
|
Xenia Hotels & Resorts, Inc.
|
|
6,889
|
84,252
|
|
|
|
|
21,069,999
|
|
Utilities-2.81%
|
|||
|
ALLETE, Inc.
|
|
9,526
|
619,571
|
|
American States Water Co.
|
|
3,409
|
268,868
|
|
|
Shares
|
Value
|
|
|
Utilities-(continued)
|
|||
|
Avista Corp.
|
|
8,037
|
$309,505
|
|
Black Hills Corp.
|
|
8,578
|
501,556
|
|
Brookfield Infrastructure Corp. (Canada)
|
|
2,358
|
93,306
|
|
California Water Service Group
|
|
2,314
|
109,336
|
|
Chesapeake Utilities Corp.
|
|
1,000
|
122,190
|
|
MGE Energy, Inc.
|
|
6,499
|
586,990
|
|
New Jersey Resources Corp.
|
|
7,601
|
348,810
|
|
Northwest Natural Holding Co.
|
|
4,869
|
199,483
|
|
NorthWestern Energy Group, Inc.
|
|
6,295
|
348,302
|
|
ONE Gas, Inc.
|
|
8,716
|
651,608
|
|
Ormat Technologies, Inc.
|
|
2,755
|
204,779
|
|
Otter Tail Corp.(c)
|
|
2,556
|
197,272
|
|
Portland General Electric Co.
|
|
8,904
|
377,529
|
|
Southwest Gas Holdings, Inc.
|
|
11,031
|
792,357
|
|
Spire, Inc.
|
|
5,063
|
381,143
|
|
TXNM Energy, Inc.
|
|
6,165
|
349,494
|
|
Unitil Corp.
|
|
1,919
|
105,219
|
|
|
|
|
6,567,318
|
|
Total Common Stocks & Other Equity Interests
(Cost $209,589,925)
|
232,941,197
|
||
|
Money Market Funds-0.13%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.24%(e)(f)
(Cost $294,611)
|
|
294,611
|
294,611
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.96%
(Cost $209,884,536)
|
233,235,808
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-15.04%
|
|||
|
Invesco Private Government Fund,
4.29%(e)(f)(g)
|
|
9,736,240
|
9,736,240
|
|
Invesco Private Prime Fund, 4.45%(e)(f)(g)
|
|
25,359,683
|
25,364,755
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $35,101,245)
|
35,100,995
|
||
|
TOTAL INVESTMENTS IN SECURITIES-115.00%
(Cost $244,985,781)
|
268,336,803
|
||
|
OTHER ASSETS LESS LIABILITIES-(15.00)%
|
(34,995,986
)
|
||
|
NET ASSETS-100.00%
|
$233,340,817
|
||
|
Investment Abbreviations:
|
|
|
REIT
|
-Real Estate Investment Trust
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at May 31, 2025.
|
|
(d)
|
Restricted security. The aggregate value of these securities at May 31, 2025 was $167,298, which represented less than 1% of the Fund’s Net Assets.
|
|
(e)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the nine months ended May 31, 2025.
|
|
|
Value
August 31, 2024
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2025
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$79,018
|
$5,887,066
|
$(5,671,473
)
|
$-
|
$-
|
$294,611
|
$5,380
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
11,087,000
|
61,775,538
|
(63,126,298
)
|
-
|
-
|
9,736,240
|
356,992
*
|
|
Invesco Private Prime Fund
|
29,671,402
|
140,945,237
|
(145,246,589
)
|
(2,997
)
|
(2,298
)
|
25,364,755
|
962,690
*
|
|
Total
|
$40,837,420
|
$208,607,841
|
$(214,044,360
)
|
$(2,997
)
|
$(2,298
)
|
$35,395,606
|
$1,325,062
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(f)
|
The rate shown is the 7-day SEC standardized yield as of May 31, 2025.
|
|
(g)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Invesco International Developed Dynamic Multifactor ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$12,535,198
|
$529,637,804
|
$-
|
$542,173,002
|
|
Money Market Funds
|
1,234,800
|
9,838,261
|
-
|
11,073,061
|
|
Total Investments
|
$13,769,998
|
$539,476,065
|
$-
|
$553,246,063
|
|
Invesco Russell 1000® Dynamic Multifactor ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$4,800,839,025
|
$-
|
$67,775
|
$4,800,906,800
|
|
Money Market Funds
|
2,021,939
|
11,315,439
|
-
|
13,337,378
|
|
Total Investments
|
$4,802,860,964
|
$11,315,439
|
$67,775
|
$4,814,244,178
|
|
Invesco Russell 2000® Dynamic Multifactor ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$232,941,197
|
$-
|
$-
|
$232,941,197
|
|
Money Market Funds
|
294,611
|
35,100,995
|
-
|
35,395,606
|
|
Total Investments
|
$233,235,808
|
$35,100,995
|
$-
|
$268,336,803
|