|
|
|
Shares
|
Value ($)
|
|
|
|||
|
Common Stocks 99.2%
|
|
|
|
|
Communication Services 15.4%
|
|
||
|
Interactive Media & Services
|
|
||
|
Alphabet, Inc. “A”
|
|
335,446
|
64,372,087
|
|
Alphabet, Inc. “C”
|
|
262,036
|
50,536,263
|
|
Meta Platforms, Inc. “A”
|
|
250,177
|
193,496,899
|
|
|
|
|
308,405,249
|
|
Consumer Discretionary 1.0%
|
|
||
|
Automobiles 0.7%
|
|
||
|
BYD Co., Ltd. “H”
|
|
915,000
|
13,259,311
|
|
Broadline Retail 0.3%
|
|
||
|
Amazon.com, Inc.*
|
|
27,915
|
6,535,180
|
|
Financials 1.9%
|
|
||
|
Financial Services
|
|
||
|
Mastercard, Inc. “A”
|
|
28,888
|
16,364,185
|
|
Visa, Inc. “A”
|
|
63,731
|
22,017,149
|
|
|
|
|
38,381,334
|
|
Health Care 1.7%
|
|
||
|
Health Care Equipment & Supplies 0.3%
|
|
||
|
Dexcom, Inc.*
|
|
81,610
|
6,591,640
|
|
Life Sciences Tools & Services 0.6%
|
|
||
|
Danaher Corp.
|
|
19,260
|
3,797,302
|
|
Thermo Fisher Scientific, Inc.
|
|
17,520
|
8,193,753
|
|
|
|
|
11,991,055
|
|
Pharmaceuticals 0.8%
|
|
||
|
Eli Lilly & Co.
|
|
19,885
|
14,716,292
|
|
Industrials 6.2%
|
|
||
|
Aerospace & Defense 1.3%
|
|
||
|
BWX Technologies, Inc.
|
|
175,685
|
26,691,822
|
|
Construction & Engineering 0.7%
|
|
||
|
Quanta Services, Inc.
|
|
35,760
|
14,523,209
|
|
Electrical Equipment 1.2%
|
|
||
|
Bloom Energy Corp. “A”*
|
|
614,806
|
22,987,596
|
|
Ground Transportation 0.7%
|
|
||
|
Uber Technologies, Inc.*
|
|
169,166
|
14,844,317
|
|
Professional Services 2.3%
|
|
||
|
Automatic Data Processing, Inc.
|
|
31,255
|
9,673,422
|
|
Booz Allen Hamilton Holding Corp.
|
|
87,139
|
9,352,629
|
|
Paylocity Holding Corp.*
|
|
52,103
|
9,632,803
|
|
Verisk Analytics, Inc.
|
|
61,621
|
17,174,389
|
|
|
|
|
45,833,243
|
|
Information Technology 73.0%
|
|
||
|
Communications Equipment 4.2%
|
|
||
|
Arista Networks, Inc.*
|
|
309,347
|
38,117,737
|
|
Ciena Corp.*
|
|
177,752
|
16,502,496
|
|
Motorola Solutions, Inc.
|
|
68,260
|
29,964,775
|
|
|
|
|
84,585,008
|
|
Electronic Equipment, Instruments & Components 1.7%
|
|
||
|
Amphenol Corp. “A”
|
|
325,605
|
34,680,189
|
|
IT Services 6.4%
|
|
||
|
Accenture PLC “A”
|
|
140,885
|
37,630,383
|
|
Cloudflare, Inc. “A”*
|
|
143,697
|
29,842,993
|
|
Globant SA*
|
|
107,525
|
9,060,057
|
|
MongoDB, Inc.*
|
|
50,754
|
12,073,869
|
|
Shopify, Inc. “A”*
|
|
117,202
|
14,323,256
|
|
Snowflake, Inc. “A”*
|
|
107,344
|
23,991,384
|
|
|
|
|
126,921,942
|
|
Semiconductors & Semiconductor Equipment 23.1%
|
|
||
|
Analog Devices, Inc.
|
|
99,982
|
22,458,957
|
|
ASML Holding NV (Registered)
|
|
16,627
|
11,550,943
|
|
Broadcom, Inc.
|
|
409,623
|
120,306,275
|
|
Lam Research Corp.
|
|
252,000
|
23,899,680
|
|
Lattice Semiconductor Corp.*
|
|
200,456
|
9,988,722
|
|
MACOM Technology Solutions Holdings, Inc.*
|
|
82,172
|
11,269,068
|
|
NVIDIA Corp.
|
|
1,180,846
|
210,037,078
|
|
Taiwan Semiconductor Manufacturing Co., Ltd. (ADR)
|
|
68,288
|
16,499,747
|
|
Texas Instruments, Inc.
|
|
199,567
|
36,133,601
|
|
|
|
|
462,144,071
|
|
Software 32.1%
|
|
||
|
AppLovin Corp. “A”*
|
|
23,472
|
9,170,510
|
|
Atlassian Corp. “A”*
|
|
68,591
|
13,154,382
|
|
Box, Inc. “A”*
|
|
378,338
|
12,144,650
|
|
Braze, Inc. “A”*
|
|
327,622
|
9,130,825
|
|
Cadence Design Systems, Inc.*
|
|
76,839
|
28,013,194
|
|
Check Point Software Technologies Ltd.*
|
|
62,121
|
11,566,930
|
|
Crowdstrike Holdings, Inc. “A”*
|
|
73,083
|
33,221,339
|
|
CyberArk Software Ltd.*
|
|
68,661
|
28,251,942
|
|
Descartes Systems Group, Inc.*
|
|
93,698
|
9,909,501
|
|
Dynatrace, Inc.*
|
|
348,457
|
18,332,323
|
|
Fortinet, Inc.*
|
|
148,494
|
14,834,551
|
|
Guidewire Software, Inc.*
|
|
65,343
|
14,781,894
|
|
Intuit, Inc.
|
|
51,472
|
40,412,211
|
|
Microsoft Corp.
|
|
401,866
|
214,395,511
|
|
Oracle Corp.
|
|
281,747
|
71,498,936
|
|
Salesforce, Inc.
|
|
166,977
|
43,135,168
|
|
ServiceNow, Inc.*
|
|
39,568
|
37,317,372
|
|
Synopsys, Inc.*
|
|
51,833
|
32,834,651
|
|
|
|
|
642,105,890
|
|
Technology Hardware, Storage & Peripherals 5.5%
|
|
||
|
Apple, Inc.
|
|
529,883
|
109,987,814
|
|
Total Common Stocks (Cost $778,490,865)
|
|
|
1,985,185,162
|
|
|
|||
|
Other Investments 0.0%
|
|
||
|
Information Technology 0.0%
|
|
||
|
Software
|
|
||
|
Adams Capital Management LP (3.6% limited partnership interest)* (a)
(Cost $1,863,749)
|
|
—
|
28,606
|
|
|
|||
|
Cash Equivalents 1.0%
|
|
||
|
DWS Central Cash Management Government Fund,
4.37% (b) (Cost $19,428,272)
|
|
19,428,272
|
19,428,272
|
|
|
|||
|
|
|
% of
Net Assets
|
Value ($)
|
|
Total Investment Portfolio (Cost $799,782,886)
|
|
100.2
|
2,004,642,040
|
|
Other Assets and Liabilities, Net
|
|
(0.2
)
|
(3,005,779
)
|
|
Net Assets
|
|
100.0
|
2,001,636,261
|
|
Value ($) at
10/31/2024
|
Purchases
Cost ($)
|
Sales
Proceeds ($)
|
Net Realized
Gain/
(Loss) ($)
|
Net Change in
Unrealized
Appreciation
(Depreciation) ($)
|
Income ($)
|
Capital Gain
Distributions ($)
|
Number
of Shares
at
7/31/2025
|
Value ($) at
7/31/2025
|
|
Securities Lending Collateral 0.0%
|
||||||||
|
DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares",
4.25% (b) (c)
|
||||||||
|
4,687,200
|
—
|
4,687,200 (d)
|
—
|
—
|
30,754
|
—
|
—
|
—
|
|
Cash Equivalents 1.0%
|
||||||||
|
DWS Central Cash Management Government Fund, 4.37% (b)
|
||||||||
|
32,806,186
|
273,071,561
|
286,449,475
|
—
|
—
|
1,238,958
|
—
|
19,428,272
|
19,428,272
|
|
37,493,386
|
273,071,561
|
291,136,675
|
—
|
—
|
1,269,712
|
—
|
19,428,272
|
19,428,272
|
|
*
|
Non-income producing security.
|
|
(a)
|
The Fund may purchase securities that are subject to legal or contractual restrictions
on resale ("restricted securities"). Restricted
securities are securities which have not been registered with the Securities and Exchange
Commission under the Securities Act of
1933. The Fund may be unable to sell a restricted security and it may be more difficult
to determine a market value for a
restricted security. Moreover, if adverse market conditions were to develop during
the period between the Fund's decision to sell a
restricted security and the point at which the Fund is permitted or able to sell such
security, the Fund might obtain a price less
favorable than the price that prevailed when it decided to sell. This investment practice,
therefore, could have the effect of
increasing the level of illiquidity of the Fund. The future value of these securities
is uncertain and there may be changes in the
estimated value of these securities.
|
|
Schedule of
Restricted Securities
|
Acquisition Date
|
Cost ($)
|
Value ($)
|
Value as %
of Net Assets
|
|
Adams Capital Management LP**
|
August 2000 to November 2000
|
1,863,749
|
28,606
|
0.0
|
|
**
|
These securities represent venture capital funds.
|
|
(b)
|
Affiliated fund managed by DWS Investment Management Americas, Inc. The rate shown
is the annualized seven-day yield at
period end.
|
|
(c)
|
Represents cash collateral held in connection with securities lending. Income earned
by the Fund is net of borrower rebates.
|
|
(d)
|
Represents the net increase (purchase cost) or decrease (sales proceeds) in the amount
invested in cash collateral for the period
ended July 31, 2025.
|
|
ADR: American Depositary Receipt
|
|
Assets
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Common Stocks
|
|
|
|
|
|
Communication Services
|
$308,405,249
|
$—
|
$—
|
$308,405,249
|
|
Consumer Discretionary
|
6,535,180
|
13,259,311
|
—
|
19,794,491
|
|
Financials
|
38,381,334
|
—
|
—
|
38,381,334
|
|
Health Care
|
33,298,987
|
—
|
—
|
33,298,987
|
|
Industrials
|
124,880,187
|
—
|
—
|
124,880,187
|
|
Information Technology
|
1,460,424,914
|
—
|
—
|
1,460,424,914
|
|
Other Investments (a)
|
—
|
—
|
—
|
28,606
|
|
Short-Term Investments
|
19,428,272
|
—
|
—
|
19,428,272
|
|
Total
|
$1,991,354,123
|
$13,259,311
|
$—
|
$2,004,642,040
|
|
(a)
|
Investments measured at NAV as a practical expedient.
|